Brisbane, Queensland, Australia–(Newsfile Corp. – February 26, 2024) –  Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) (“GMG” or the “Company“) is pleased to announce it begins trading today on the OTCQX market under the symbol “GMGMF”.

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The OTCQX® Best Market is for established, investor-focused U.S. and international companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction. Penny stocks, shells and companies in bankruptcy cannot qualify for OTCQX. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications.

GMG has now qualified to trade on the OTCQX® Best Market, having been upgraded from the Pink® market. The two lower-tier markets for OTC trading in the U.S. are the OTCQB® Venture Market and the OTC Pink® market. This upgrade will provide increased transparency in trading for GMG’s U.S. investors through its higher levels of reporting and governance.

GMG’s Managing Director and CEO, Craig Nicol, commented: “As part of our capital markets access plans, we are delighted to broaden the Company’s exposure in the U.S. market through this upgrade. It is a major step toward our corporate development in North America.”

GMG’s Chairman and Non-Executive Director, Jack Perkowski, commented: “Increasing GMG’s presence in the U.S. is of strategic importance for funding our development and growth initiatives. Enabling U.S. investors with increased involvement will expand the Company’s future capital opportunities.”

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

GMG’s 4 critical business objectives are:

1. Produce Graphene and improve/scale cell production processes
2. Build Revenue from Energy Savings Products
3. Develop Next-Generation Battery
4. Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

• Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
• Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

www.graphenemg.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the upgrade to the OTCQX® Best Market providing increased transparency in trading for GMG’s U.S. investors, trading on OTCQX® Best Market being an important step toward the Company’s corporate development in North America, increasing the Company’s presence in the U.S. being strategically important for future funding of development and growth, and increased U.S. investor involvement expanding the Company’s future capital opportunities.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to the upgrade to the OTCQX® Best Market resulting in higher levels of reporting and governance which will lead to increased transparency in trading for U.S. investors, that the upgrade to the OTCQX® Best Market is an important step towards the Company’s corporate development in North America, that increasing the Company’s presence in the U.S. will help fund the Company’s development and growth, and that increased U.S. investor involvement will expand the Company’s future capital opportunities.

Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the upgrade to the OTCQX® Best Market will not result in a higher level of reporting, that the upgrade to the OTCQX® Best Market will not lead to increase transparency in trading for U.S. investors, that the upgrade to the OTCQX® Best Market will not be an important step towards the Company’s corporate development in North America, that increasing the Company’s presence in the U.S. will not help fund the Company’s development and growth, that increased U.S. investor involvement will not expand the Company’s future capital opportunities, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 12, 2023 available for review on the Company’s profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/199208

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HONG KONG, Feb 26, 2024 – (ACN Newswire via SeaPRwire.com) – SAP has announced a comprehensive set of financial incentives, services and resources to help customers move to the cloud and maintain the pace and level of innovation that cloud enables.

The RISE with SAP Migration and Modernization program addresses two primary issues businesses face when moving to the cloud – cost and scope. The program offers credits to SAP S/4HANA and SAP ERP Central Component (SAP ECC) customers that can be applied to offset the cost of maintenance, cloud services or cloud subscription when moving to the RISE with SAP solution. This limited-time offer may reduce these costs by up to 50% and shorten the time to value.

This incentive will include SAP S/4HANA Cloud and line-of-business solutions such as supply chain, human resources, spend management, CRM, business transformation tools and the business technology platform for extensibility.

Esmond Tong, Managing Director, SAP Hong Kong, said, “SAP understands that many companies envision to upgrade their ERP systems to the cloud. To support companies in this journey, SAP has introduced the RISE with SAP Migration and Modernization program, which includes a range of financial incentives, services, and support to help kickstart their cloud transformation. Upon completion, companies will be well-positioned to leverage SAP’s Business AI, Digital Co-pilot and line-of-business solutions to drive tangible business outcomes, optimize operations, improve cost management and propel their business forward.”

He added, “In addition, we have also launched the SAP Hong Kong Cloud ERP Experience Center in November last year to provide total support for companies to take advantage of the latest cloud innovations, such as AI and sustainability solutions, and to future-proof their business.” 

The RISE with SAP Migration and Modernization program helps customers become and remain innovation-ready to benefit from ongoing updates and new innovations. Once customers are operating in the cloud, SAP takes the burden of management to build reliability, strengthen security and compliance and unlock the power of business data.  Regardless of whether businesses today run on SAP ECC or SAP S/4HANA, the program’s self-guided digital experience and assisted services offer a path from preparation through go-live. The program also introduces a set of new services and incentives to help customers in their move to the RISE with SAP solution.

In addition to financial incentives, the RISE with SAP Migration and Modernization program also includes:

— RISE with SAP Methodology support: To drive predictable timelines for projects, all implementations – both through SAP and our partner ecosystem – will follow the RISE with SAP Methodology. It will provide project progress transparency, with key milestone checks. It is supported by SAP services and specialists who confirm the methodology is applied from discovery through go-live to get customers innovation ready. SAP is training and validating partners to use the RISE with SAP Methodology and will collaborate closely with these partners to provide consistency and quality.

— SAP S/4HANA Cloud Safekeeper service: For customers who need more time to complete their full migration, we are introducing the SAP S/4HANA Cloud Safekeeper service. It is designed for customers using RISE with SAP that enter customer-specific maintenance for older releases of SAP S/4HANA. With SAP S/4HANA Cloud Safekeeper, customers may get their systems ready to upgrade to the latest version of SAP S/4HANA. It includes upgrade services and infrastructure optimization while providing business continuity for the customers’ current system with updates and patches for two more years.

For more information details about the RISE with SAP Migration and Modernization program, please go to this page or call 2150 2799. In addition, SAP will hold a customer webinar event on Feb 28, 2024 to help customers understand more about the program. Please go to this link to register.

About SAP

SAP’s strategy is to help every business run as an intelligent sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 26 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com/hk.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2022 Annual Report on Form 20-F.

© 2024 SAP SE. All rights reserved.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

For more information, press only:

Mr. Benson Chao, Head of Communications, SAP Hong Kong

+852 2539 1947   benson.chao@sap.com

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PHILADELPHIA, PA, Feb 24, 2024 – (ACN Newswire via SeaPRwire.com) – CGFNS International announced today it has established a Global Health Workforce Development Institute. The new think tank will conduct original research and leverage knowledge developed by CGFNS over its half-century of providing credentialing services — as well as its vast experience with workforce mobility issues — to advance scientific knowledge about the evolution of health workforce roles and the development of credentialing and certification programs and policies.

CGFNS International

A long-term objective of the Institute will be to create rigorous global certification programs that streamline the assessment and recognition of practice competency. These will empower nurses and other health professionals around the world to achieve “work-readiness” regardless of where they choose to apply their knowledge and skills, while enabling them to showcase their competencies to employers, regulators, and educators worldwide.

“Amid an unprecedented health workforce crisis, and with an increasing number of health workers being displaced by the impacts of climate change and armed conflict, the patchwork quilt of standards and qualifications between countries threatens to prevent health workers from practicing to their capacities, much less helping to alleviate workforce shortages in high-need countries and improve healthcare access for underserved populations,” said Peter Preziosi, President and CEO of CGFNS.

“This new Institute will be the centerpiece of our effort to address this challenge and ease mobility for health workers to practice where they want and where they are needed,” he added.

Leading the new Institute as its Chief is Julia To Dutka, EdD, a renowned global expert and strategist in credential assessment and global labor mobility who is widely published in the fields of education, regulation, and language teaching and testing. Dr. To Dutka brings to the Institute a unique integration of experience from her many years of service at CGFNS, as well as from higher education and from the assessment industry, where she has led large-scale global assessment initiatives.

The Institute will comprise three centers of excellence:

• The Center for Global Assessment and Certification will lead efforts in the setting of global standards and assessment of competencies in the health professions. Its senior director, Joseph McClintock, PhD, has more than 20 years’ experience in all aspects of certification and educational assessment, including test design and creation, item and test development, standards setting and job task analysis. He joins the Institute after serving as vice president of Measurement, Inc., a leading provider of customized educational assessment services.
• The Center for Knowledge Management will manage CGFNS International’s extensive international education and health regulatory databases, along with other knowledge assets, with a focus on leveraging the educational and regulatory data to advance initiatives, policies and further research in global health workforce development. Its senior director, Emily Tse, MPhil, is a recognized expert in the credential evaluation field who previously managed the Country Index series on educational systems around the world at the International Education Research Foundation (IERF).
• The Center for Global Research and Policy will catalyze a robust research and development agenda and contribute to global human resources for health scholarship through inquiry around global health workforce development, care delivery, and lifelong learning issues. Its senior director, Lauren Herckis, PhD, joins CGFNS from the faculty of Carnegie Mellon University, where she has led interdisciplinary research efforts focused on evidence-based practice for using emerging educational technologies across diverse cultural contexts.

“With our nearly 50-year mission of evaluating nurses and allied health professionals who have chosen to live and work in their country of choice through assessment protocols centering on academic and professional credentials, it is time for CGFNS to recommit itself to improving the health and well-being of the world’s populations,” said To Dutka. “The Institute will enable CGFNS to serve as a thought leader, to advance new and innovative certification systems, and to support models of care delivery that will accelerate health workforce growth and evolution worldwide.”

About CGFNS International, Inc.

Founded in 1977 and based in Philadelphia, CGFNS International is an immigration-neutral not-for-profit organization proudly serving as the world’s largest credentials evaluation organization for the nursing and allied health professions. CGFNS International is an NGO in Consultative Status with the United Nations Economic and Social Council (ECOSOC) and is a member of the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO).

Contact Information:
David St. John
dstjohn@cgfns.org

SOURCE: CGFNS International

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Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, Feb 23, 2024 – (ACN Newswire via SeaPRwire.com) – The Institute of Corporate Directors Malaysia (“ICDM”) recently concluded a comprehensive survey across Southeast Asia in collaboration with its eight (8) partners under the ASEAN IOD Network that highlights the imperative for boards to sharpen their foresight to assess and steer their organisation’s business model, governance, talent, dynamics, and culture as they position their boards for the future.

The survey of 335 respondents comprising boards and C-Suites management from across the region reiterates the urgency for boards to evaluate their effectiveness and shift their current strategic board priorities to ensure they address the key threats that they expect to be more prominent over the next two (2) years. The four (4) key threats include:

(i) Having the right talent and leadership;

(ii) Diplomacy in managing macro and geopolitical uncertainties;

(iii) Sustainable and effective operational strategy;

(iv) Board-management relationship and dynamics.

Michele Kythe Lim, President and Chief Executive Officer (“CEO”) of ICDM emphasised, “Amidst the ongoing economic challenges, we remain steadfast in our commitment to navigating leadership in the dynamic landscape of Southeast Asia. Governance is coming into focus on a more profound level in the wake of heightened stakeholders’ expectations, as evidenced by the many changes taking place on boards around us recently. As leaders, we recognise the pivotal role of talent, the power of effective leadership and the imperative of sustainability in our current environment and that a paradigm shift at the board level is necessary to confront the reality and barriers in their pursuit for growth. This regional survey is part of our hope to collectively transform leadership and drive businesses to greater heights by encouraging them to launch into action and openly address the critical areas in board and corporate governance that will nurture deeper cohesion in organisations.”

Urging boards to cultivate a forward-looking mindset and ingrain a more robust culture to turn risks into growth opportunity, ICDM’s 2024 ASEAN Board Trends Survey identified five (5) critical areas in board governance that require immediate intervention to reinforce board effectiveness and ensure companies are equipped for the challenges of the future. These include:

(i) To Realign Board Agenda and Set Priorities Right: Boards often cling to outdated approaches, looking at things through yesterday’s lens and failing to adapt to changing circumstances. As a result, corporate priorities overlook the key threats and changing environments. Boards must stay informed about current and future business trends while adapting to new threats, risks and opportunities that build their path to the future.

(ii) To Improve Board-Management Relationship and Dynamics: Misaligned priorities between boards and their management were noted throughout the survey, with differing ideas on key organisational priorities and areas that require more attention from the board. While boards place greater importance on business model agility, diversification and transformation, management believe human capital strategy and development should be a priority. Boards and management must conduct more meaningful discussions, realign and agree on priorities as well as expectations of both parties to enhance the working relationship dynamics for increased effectiveness.

(iii) Progressive and Forward-looking Board Architecture and Culture: Management express reservations about the board’s current ability and skillset to steer the company strategically. The existing blend of knowledge, experience, and qualities fall short of supporting evolving business needs in the coming years. Boards must begin cultivating a culture of open dialogue, courage, and candour amongst each other. Nomination and Remuneration Committees (NRC) play a vital role in ensuring the right mix of board members, led by the chairman who plays a pivotal role in fostering a progressive board culture and managing board-management dynamics. 

(iv) Board Effectiveness at Taking Stock: While boards may perceive their performance positively, management highlight a lack of diverse perspectives which hinders insightful discussions and creates blind spots to critical issues. Some respondents felt that their board deliberations do not bring value or enhance decision-making quality, with over half stating that board members rarely express conflicting views. Boards must look internally to assess their value proposition, skills, governance and mindset to effectively catalyse their growth.

(v) Navigating Board Sustainability Challenges: While many acknowledge that sustainability goes beyond mere reporting and some boards are already embracing or planning to adopt sustainable strategies, management remain sceptical about the board’s current knowledge and ability to fulfill its oversight role. While boards recognise that their challenge lies in setting up the right governance with clear performance target measurement, they must also acknowledge the important need to support the human capital function and concerns through talent governance. Health, safety and wellbeing, talent management and succession planning are among top sustainability matters for boards’ attention.

As boards begin to address these critical areas in governance, the key actions they need to take begin with undertaking a formal board effectiveness evaluation encompassing candid, 360-degree assessment. Boards must obtain holistic perspectives to better understand their current landscape, working dynamics amongst themselves and between their management, as well as identify development needs. It is vital that boards reevaluate their composition and remuneration packages at regular intervals and proactively foster strong board-management relationships and dynamics. In realigning organisational priorities through joint strategic planning sessions, boards must practice the art of asking challenging questions for more robust discussions. Organisations must prioritise talent governance and organisational culture to ensure a conducive environment for innovation and productivity, while embracing sustainability agendas authentically, avoiding greenwashing, and embodying authenticity and purpose as leaders are essential for driving organisational success.

In addition to the 2024 ASEAN Board Trends report, ICDM also announced the formation of an ASEAN Directors Registry under the ASEAN IOD Network initiative. Aiming to go fully operational in July, the registry marks a significant stride in fostering global recognition for ASEAN board talent. Recognising the needs of boards with regional perspectives, this initiative aims to actively advocate for enhanced ASEAN representation on the boards of businesses with a presence in the region. With this registry, it seeks to elevate the value proposition for members of ASEAN Institutes of Directors by expanding their access to a broader spectrum of directorship opportunities and give organisations a wider selection of board-ready candidates with international or regional experience.

The survey was conducted in collaboration with partners under the ASEAN IOD Network, which was initiated in 2020 to better serve the board community in the region and beyond. These partners include the Institute of Directors Thailand (IoD Thai), Institute of Corporate Directors, Philippines (ICDPh), Vietnam Institute of Directors (VIOD), Myanmar Institute of Directors (MIoD), Singapore Institute of Directors (SID), Indonesian Institute of Corporate Directors (IICD), Darussalam Assets Sdn Bhd and the International Business Chamber of Cambodia (IBC). The survey can be accessed on ICDM’s website here.

About the Institute of Corporate Directors Malaysia (ICDM):

The Institute of Corporate Directors Malaysia (ICDM) is a membership-based organisation whose mandate is to professionalise directorship in Malaysia. As the national institute of directors (IoD), ICDM is committed to providing continuous professional development – empowering boards and directors with forward-thinking mindsets, practical knowledge and essential competencies. Established by the Securities Commission Malaysia (SC) and supported by Bank Negara Malaysia, Bursa Malaysia and the Capital Market Development Fund (CMDF), ICDM’s goal is to be the leading influence of excellence in governance and to build a robust corporate governance culture in Malaysia. For more information on ICDM, please visit our website at www.icdm.com.my

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SINGAPORE, Feb 23, 2024 – (ACN Newswire via SeaPRwire.com) – Asia Photonics Expo 2024 will be held from 6 to 8 March 2024 at Sands Expo and Convention Centre (Marina Bay Sands) Basement 2. Spanning an expansive 15,000 square meters, APE’s showfloor will accommodate 400 exhibitors, connecting with over 5,000 visitors. This vibrant platform will present a wide range of technologies and solutions in application industries such as semiconductor, security, robotics, medical, intelligence driving, and information and communications. It provides the perfect opportunity for your brand to catapult into the Asia market. With only 5 weeks remaining until the grand opening of APE, don’t miss out on the chance to forge strategic partnerships and enhance your presence beyond APE. Register now to secure your fee pass!

One-stop Sourcing Platform for Photonics Products

APE serves as a platform to showcase the state-of-the-art technologies catering to emerging application markets in Asia. With the rapidly growing photonics industry in the region driven by the data center, telecoms market, consumer electronics, advanced manufacturing, semiconductor, and medical industries, APE has attracted over 400 companies from China, Japan, South Korea, Singapore, the United States, Europe, and other countries and regions. APE brings together qualified photonics vendors across the holistic supply chain, offering chips, components, devices, equipment, and even application solutions. Some notable participants include ANRITSU, APP SYSTEMS, HAMAMATSU, PI (PHYSIK INSTRUMENTE), BOTE OPTICS, OPTO PRECISION, MATERION, EDMUND OPTICS, POLYTEC SOUTH-EAST ASIA, BRUKER SINGAPORE, AMETEK SINGAPORE, ACEXON, GF MACHINING SOLUTIONS, OPTOSIGMA, DOPA, HOLOEYE, ASPHERICON GMBH, CHROMA, IMT MASKEN UND TEILUNGEN AG, EAGLEYARD, NEW IMAGING TECHNOLOGIES (NIT), SCIL, I-PHOTONICS UAB, CRYSTECH, Optizone Technology, ARTILUX, SENKO, MRSI, and more. APE serves as a one-stop sourcing platform for buyers seeking new products and suppliers. For more information on the product brochure, please click here to visit.

More Than an Exhibition, A Series of Forums Are Presented at APE 2024

During APE 2024, a three-day academic and industry forum will be held to discuss forefront technologies, share valuable insights, and explore emerging trends in the photonics industry.

– Industry Forums

Collaborate with industry leaders in specialised forums focused on Data Centers, Micro Nano Processing, and Pan-Semiconductor Optical Technology. Gain valuable insights and explore the challenges and opportunities that will shape the future of the photonics industry. 

– Asia Light Conference 2024 (fee applies)

Hosted by renowned journals Light: Science & Applications, eLight, and Light: Advanced Manufacturing, Asia Light Conference offers deep insights through plenary sessions and 10 parallel keynote & invited sessions.  Underscored by UNESCO’s International Day of Light, dive into the realms of Micro and Nanophotonics, Topological Photonics, Nonlinear Photonics and Functional Lasers, Advanced Manufacturing and more. Click here to secure your seat!

– LUX Photonics Consortium Conference – Photonics@SG

Immerse yourself in the LUX Photonics Consortium Conference where groundbreaking ideas and advancements in photonics converge to serve as a catalyst and a networking platform to translate cutting-edge research into practical applications.

Networking Opportunities for New Partnership and Business Collaboration

APE is dedicated to empowering the photonics industry and application fields by creating a high-quality platform for communication, exchange and learning. During the event, we offer organized site tours that allow you to visit renowned research institutes and corporate R&D centers, facilitating in-depth communication and collaboration within the photonics industry. A site tour is an absolute must for anyone seeking firsthand insights into Singapore’s leading companies and gaining a comprehensive understanding of the nation’s thriving advanced photonics industry. Don’t miss this extraordinary opportunity to expand your knowledge, forge invaluable connections, and unlock boundless potential at APE 2024.

APE is right around the corner, and we cordially invite you to be a part of it. To ensure a smooth and hassle-free experience, we strongly encourage you to register in advance. By doing so, you not only save valuable time on-site but also gain additional conveniences and privileges. Register now to get your free pass!

For more details about APE, please visit our website: www.asiaphotonicsexpo.com.

Media Contact
Carrie Wu
Carrie.wu@informa.com

Copyright 2024 ACN Newswire via SeaPRwire.com.

IRVINE, CA, Feb 22, 2024 – (ACN Newswire via SeaPRwire.com) – DYNR-DynaResource, Inc. (OTCQB:DYNR) (“DynaUSA”, and “the Company”) is pleased to announce that it has appointed Dr. Quinton Hennigh and Mr. Brent Omland as Directors to the Board of Directors of the Company; and that the Company accepted the resignations of Dr. Jose Vargas Lugo and Mr. Ronald Vail from the Company’s Board of Directors in order to make the two Board Seats available. The appointments and resignations are effective February 16, 2024. Dr. Vargas Lugo will remain in his position with the Company as Director of Operations – Mexico, and Mr. Vail will become a non-voting Board observer.

Dr. Hennigh is an exploration geologist with 33 years’ experience, predominantly in the gold industry. He holds a M.Sc. and Ph.D. in geology and geochemistry from the Colorado School of Mines. Early in his career, he explored for gold for major mining companies including Homestake Mining Company, Newcrest Mining Ltd., and Newmont Mining Corporation. Beginning in 2007, Dr. Hennigh shifted focus to the junior mining space where he has worked for several successful gold explorers, notably Gold Canyon Resources where he led the discovery of the 5.2 million ounce Springpole gold deposit, Ontario. Currently, Dr. Hennigh is Technical and Geologic Director to Crescat Capital and is CEO of private miner, San Cristobal Mining.

Mr. Omland was elected to serve as a Director pursuant to the terms of the Stock Purchase Agreement (the “Stock Purchase Agreement”) dated August 2, 2023, by and between the Company and Ocean Partners Holdings Limited (“Ocean Partners”). Mr. Omland is the Co-CEO of Ocean Partners, which purchases substantially all the gold produced by the Company pursuant to that certain Gold Concentrate Purchase Agreement dated February 1, 2021, as amended, by and between the Company’s affiliate, DynaResource de Mexico, SA de CV (“DynaMéxico’), and an affiliate of Ocean Partners, MK Metal Trading Mexico SA de CV.

Mr. Omland is a mining executive with 20 years of experience in the mining and metals trading industry. Mr Omland is a graduate of the University of British Columbia and a Canadian CPA. Mr. Omland has also worked in finance roles for Teck Resources and in senior finance roles for an integrated lead mining and smelting group based in Australia (Ivernia/Enirgi Metals). Mr. Omland also serves on the Board of Directors for Dore Copper Mining Corp, Galantas Gold Corporation and Nicola Mining Inc., all listed on the TSX-V.

Mr. K.D. Diepholz, Chairman of the Board of Directors and CEO of DynaResource, Inc., and President of DynaMéxico, which currently owns 100% of the prolific San Jose de Gracia high grade gold project in Sinaloa State, Mexico (“SJG”); stated: “I am very pleased to add the expertise of an internationally renowned mining professional such as Dr. Hennigh to our Board of Directors. We look forward to utilizing his expertise and experience as we continue to expand the operations and resources at SJG.

I also greatly appreciate the attention and support we have received from Mr. Omland and Ocean Partners since February 2021, and I am pleased to welcome Brent to the Board of Directors. Quinton and Brent will be integral and valuable additions to the Board of Directors team, and I’m certain they will provide significant and strategic contributions to the further advance and development of the prolific SJG Project. I am excited and looking forward to working with Quinton and Brent.

I would also like to thank Dr. Jose Vargas Lugo and Mr. Ron Vail for their significant contributions to DynaResource over the past few years. Dr. Vargas will continue to be an integral executive for our management team, and Ron will continue to support our strategic business planning. Dr. Vargas and Ron have both contributed greatly to the significant achievements made by DynaResource.”

“I am delighted to join DynaResource alongside Brent Omland,” commented Dr. Hennigh. “San José de Gracia is an exceptional low sulfidation epithermal vein camp that I have kept my eye on for many years. While it is famous for its historic high-grade gold production, I believe this is a system that remains grossly under-explored. I can see several immediate targets in which new high-grade veins might be discovered. I look forward to helping DynaResource develop their current resources as well as pursue the next generation of discoveries yet to be made at San José de Gracia.”

On behalf of Ocean Partners, Mr. Brent Omland, co-CEO of Ocean Partners commented: “We are very pleased to expand our strong relationship with DynaResource and their excellent team in the US and México. We are excited to be a part of the continuing development and expansion of the world class SJG Project and we look forward to providing K.D. and his team additional support and resources.”

IMPORTANT CAUTIONARY NOTE REGARDING CANADIAN DISCLOSURE STANDARDS

The Company is an “OTC Reporting Issuer” as that term is defined in Multilateral Instrument 51-509, Issuers Quoted in the U.S. Over-the-Counter Markets, promulgated by various Canadian Provincial Securities Commissions. Accordingly, certain disclosure in this news release or other disclosure provided by the Company has been prepared in accordance with the requirements of securities laws in effect in Canada, which differ from the requirements of United States securities laws. In Canada, an issuer is required to provide technical information with respect to mineralization, including reserves and resources, if any, on its mineral exploration properties in accordance with Canadian requirements, which differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC”) applicable to registration statements and reports filed by United States companies pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended. As such, information contained in this news release or other disclosure provided by the Company concerning descriptions of mineralization under Canadian standards may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements of the SEC and not subject to Canadian securities legislation. This news release or other disclosure provided by the Company may use the terms “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. While these terms are recognized and required by Canadian regulations (under National Instrument 43-101, Standards of Disclosure for Mineral Projects), the SEC does not recognize them. United States investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted to reserves. In addition, “inferred mineral resources” have a great amount of uncertainty as to their existence and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities legislation, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, although they may form, in certain circumstances, the basis of a “preliminary economic assessment” as that term is defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. U.S. investors are cautioned not to assume that part or all of an inferred mineral resource exists, or is economically or legally mineable.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking statements within the meaning of Section 27 A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

Certain information contained in this news release, including any information relating to future financial or operating performance may be deemed “forward-looking”. All statements in this news release, other than statements of historical fact, that address events or developments that DynaResource expects to occur, are “forward-looking information”. These statements relate to future events or future performance and reflect the Company’s expectations regarding the future growth, results of operations, business prospects and opportunities of DynaResource. These forward-looking statements reflect the Company’s current internal projections, expectations or beliefs and are based on information currently available to DynaResource. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “projects”, “potential”, “scheduled”, “forecast”, “budget” or the negative of those terms or other comparable terminology. Certain assumptions have been made regarding the Company’s plans at the San Jose de Gràcia property. Many of these assumptions are based on factors and events that are not within the control of DynaResource and there is no assurance they will prove to be correct. Such factors include, without limitation: capital requirements, fluctuations in the international currency markets and in the rates of exchange of the currencies of the United States and México; price volatility in the spot and forward markets for commodities; discrepancies between actual and estimated production, between actual and estimated reserves and resources and between actual and estimated metallurgical recoveries; changes in national and local governments in any country which DynaResource currently or may in the future carry on business; taxation; controls; regulations and political or economic developments in the countries in which DynaResource does or may carry on business; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses and permits, diminishing quantities or grades of reserves; competition; loss of key employees; additional funding requirements; actual results of current exploration or reclamation activities; changes in project parameters as plans continue to be refined; accidents; labor disputes; defective title to mineral claims or property or contests over claims to mineral properties. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance or inability to obtain insurance, to cover these risks) as well as those risks referenced in the Annual Report for DynaResource available at www.sec.gov. Forward-looking information is not a guarantee of future performance and actual results, and future events could differ materially from those discussed in the forward-looking information. All of the forward-looking information contained in this news release is qualified by these cautionary statements. Although DynaResource believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. DynaResource expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.

For Information on DynaUSA and DynaMéxico, please visit www.dynaresource.com, or contact:

Brad J. Saulter, DynaUSA V.P. – Investor Relations: 972-996-7417; General Inquiries: 972-869-9400K.D. Diepholz, DynaUSA – Chairman / CEODynaResource de México-Presidente

Contact Information
Brad J. Saulter
DynaUSA V.P. – Investor Relations
972-869-9400

SOURCE: DynaResource, Inc.

View the original press release on newswire.com.

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DUBAI, UAE, Feb 22, 2024 – (ACN Newswire via SeaPRwire.com) – The Cyber Express is thrilled to announce the highly anticipated World CyberCon META 3rd Edition, scheduled for May 23, 2024, in Dubai.As cybersecurity threats continue to evolve globally, this one-day event promises to bring together experts, professionals, and enthusiasts to explore the latest trends, challenges, and innovations in the field.

Under the theme “Securing Middle East’s Digital Future: Challenges and Solutions,” World CyberCon META Edition 2024 is set to be an unparalleled gathering of industry leaders and visionaries. Attendees will have the opportunity to engage with over 40 leading Chief Information Security Officers (CISOs) from various industries, participate in 9 knowledge-sharing sessions, connect with 120+ delegates, and enjoy 2+ hours of networking.

Some of the distinguished speakers at the conference include:

• Sithembile (Nkosi) Songo, CISO, ESKOM
• Dina Alsalamen, VP, Head of Cyber and Information Security Department, Bank ABC
• Anoop Kumar, Head of Information Security Governance Risk & Compliance, Gulf News
• Irene Corpuz, Cyber Policy Expert, Dubai Government Entity, Board Member, and Co-Founder, Women in Cyber Security Middle East (WiCSME)
• Abhilash Radhadevi, Head of Cybersecurity, OQ Trading
• Ahmed Nabil Mahmoud, Head of Cyber Defense and Security Operations, Abu Dhabi Islamic Bank

This ground-breaking experience, scheduled for May 23, 2024, will boast interactive workshops, an immersive exhibition zone, extensive networking opportunities, and the well-deserved recognition of cybersecurity luminaries for their remarkable contributions to the industry.

The event promises deep dives into a diverse array of cutting-edge cybersecurity topics, offering attendees insights into: 

• National Cybersecurity Strategy: Securing a Digital UAE
• Next-Gen Threat Intelligence: Staying Ahead of Adversaries
• Guarding Against Advanced Threats: Zero-Day Attacks and APTs
• Innovative Cyber Risk Scoring Approaches
• Future Trends in Cybersecurity
• Fortifying Against Ransomware: Prevention, Mitigation, Recovery
• Navigating Global Cybersecurity Regulations
• Strategic Investments: AI and ML for Threat Detection
• Guardians of Connectivity: IoT Cybersecurity Strategies 

Tailored to appeal to CISOs, CIOs, CTOs, security auditors, heads of IT, Cyber Crime Specialists, network engineers, and all stakeholders of safe internet, World CyberCon META Edition 2024 aims to provide delegates with invaluable opportunities to gain insights, forge connections, explore business opportunities, and discover innovative solutions.

Don’t miss this unique opportunity to learn from the best and network with professionals from across the cybersecurity spectrum. Reserve your spot at World CyberCon META Edition 2024 today by visiting. https://thecyberexpress.com/cyber-security-events/world-cybercon-3rd-edition-meta/

About The Cyber Express

TheCyberExpress.com is a leading online platform that provides the latest news, insights, and resources in the field of cybersecurity. With a focus on delivering timely and accurate information, The Cyber Express aims to empower individuals and organizations with the knowledge they need to protect their digital assets in an increasingly complex cybersecurity landscape.

For more information about the event, sponsorship opportunities, or media inquiries, please contact Ashish Jaiswal at ashish.j@thecyberexpress.com.

Copyright 2024 ACN Newswire via SeaPRwire.com.

SYDNEY, AU, Feb 22, 2024 – (ACN Newswire via SeaPRwire.com) – After the huge success of the BLUETTI AC500, which set a crowdfunding record of $12 million on Indiegogo, BLUETTI is back to shake things up by launching its first ecosystem SwapSolar on February 22 at AEDT 1 am. First unveiled at CES 2024, the SwapSolar includes the world’s first LFP-powered MultiCooler portable fridge and the AC180T hot-swappable battery power station. This groundbreaking duo offers an unprecedented blend of convenience and functionality for outdoor activities.

Meet BLUETTI SwapSolar: Two Birds, One Stone

The SwapSolar is not just a product; it’s an answer to your outdoor power needs, ice-making desires, and long-distance travel cooling cravings – all in one. The AC180T ensures your independent outdoor power supply off the grid, while the MultiCooler’s 3-in-1 design provides excellent coolness and efficiency.

As BLUETTI’s spokesperson, James Ray, aptly puts it, “We want users to savor the joy of outdoor life. SwapSolar is your ticket to 3-6 days of happy camping trip. Power up and keep your food fresh at once, it’s time to go wild with BLUETTI!”

Introducing BLUETTI MultiCooler

MultiCooler’s Triple Threat

Imagine a fridge that does it all – ice making, refrigeration, and freezing – in one sleek design. The MultiCooler has a 42qt (40L) capacity, enough to hold about 60 cans of soda. With a temperature range of -4°F to 68°F (-20℃ to +20℃), it caters to all your temperature whims. Its powerful compressor ensures rapid cooling from 86°F to 32°F (30℃ to 0℃) in just 15 minutes! Plus, the built-in ice maker produces crystal-clear ice cubes in minutes, perfect for your fizzy drinks and cocktails.

Smart and Portable Design

Weighing approximately 52.9lbs (25kg) net, the MultiCooler is designed for easy lifting with side grooves. Got a full load? No problem. Use the wheels and drawbar for effortless transport. It’s even equipped with 45°tilt protection for rough terrain. Worried about stability in your car? The optional slider has you covered. And yes, it operates quietly at 30dB in refrigeration mode and 45dB in ice-making mode, ensuring a peaceful environment.

Easy Control at Your Fingertips

In addition to an intuitive LCD touch screen and a few touch buttons for easy use, the MultiCooler supports Bluetooth connectivity. Manage everything with the BLUETTI app – monitor temperatures in real time and adjust settings such as ECO mode and Self-Clean mode.

Versatile Charging for Any Situation

The MultiCooler accepts four charging methods to keep your groceries at the right temperature. You can plug it directly into the wall or your car while making ice, a first in the industry. If you don’t want to drain your car battery, use one of the AC180T batteries to charge it for 3 days. With a battery inside and connected to solar panels, it will literally run non-stop as long as the sun is shining.

Introducing BLUETTI AC180T

Swappable Battery for Extreme Flexibility

The AC180T introduces a removable battery design that allows you to replace its two B70 batteries(716.8Wh) from the top. It uses long-lasting and safe LFP batteries with 3,000+ life cycles and 5,000+ swap times. Since BLUETTI also sells these batteries separately, you can choose multiple battery packs to suit your needs. For longer trips and emergencies, just swap them out for instant full power anytime, anywhere.

To charge these batteries, plug the AC180T directly into a wall outlet for fast 1,440W AC charging or use solar panels for a constant power supply.

Pricing and Availability

BLUETTI offers a reassuring 5-year warranty for the AC180T and 2 years for the MultiCooler. Join the Indiegogo campaign starting February 22 at AEDT 1 am and enjoy the best deals on limited quantities. Deliveries are available to select countries in Europe, the USA, Canada, and Australia.

* Note: Prices are in USD per Indiegogo’s policy. Costs for non-US countries are based on current exchange rates. Shipping fees apply outside the USA; rates will specified on the purchase page by then.

About BLUETTI

From the very beginning, BLUETTI has tried to stay true to a sustainable future by offering affordable green energy storage solutions for both indoor and outdoor use. With years of innovation and a caring commitment to the environment, BLUETTI has curated an extensive and reliable product portfolio tailored for adventures, emergency backup power, and off-grid living, making a tangible and positive impact on minimizing our carbon footprint for the greater world we share. That’s why BLUETTI has become an industry leader that makes its presence in 100+ countries and is trusted by millions of customers across the globe.

Contact:pr@bluetti.com

SOURCE: Bluetti Power Inc.

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HONG KONG, Feb 22, 2024 – (ACN Newswire via SeaPRwire.com) – WeWork, a company once valued at US$47 billion, has filed for bankruptcy in the U.S.. While such high-profile situations can potentially cast a shadow over the industry’s outlook, we at The Executive Centre (TEC) maintain our confidence that premium, innovative flexible workspace solutions continue to be in high demand.

Boosted by evolving corporate strategies and a renewed appreciation for workplace flexibility, the current landscape presents a fertile ground for high-quality flexible offices, tailored to the unique needs of the modern workforce.

This whitepaper aims to provide insights into the flexible workspace industry in Asia-Pacific (APAC), and to debunk the misconception of a downturn in demand, which might lead us to overlook the sector’s broader, positive growth trajectory.

The Reason WeWork Went Down

WeWork’s downfall is a classic example of overambition clashing with market realities. From a mission that pledged to ‘elevate the world’s consciousness’ to excessive expansions and mismanagement, a series of strategic missteps precipitated its collapse:

— Overexpansion without Sufficient Demand: WeWork’s rapid growth strategy was fundamentally flawed. The company expanded aggressively across the globe, opening new locations at a breakneck pace. This expansion was driven more by the desire for quick scaling rather than actual market demand. Consequently, many of their spaces remained underutilised, draining resources without generating consistent profits throughout the business’ lifespan.

— Financial Mismanagement and Governance Issues: WeWork also grappled with financial mishandling and governance problems. Its leadership faced criticism for opaque decision-making and misallocation of funds, leading to a loss of investor trust and market confidence.

The company’s failed IPO in 2019 marked a turning point, shedding light on its overvaluation and questionable governance practices. WeWork’s valuation plummeted from US$47 billion to a fraction of that, causing a major leadership overhaul and a shift in business strategy. However, the detrimental effects have already taken hold.

WeWork serves as a cautionary tale demonstrating that rapid, unchecked expansion without a demand-led strategy and solid governance can lead to significant business challenges.

Paul Salnikow, Founder and CEO of The Executive Centre said “With WeWork now in Chapter 11 and with many global commercial real estate markets in recession, any operator who is not profitable has only a slim chance of remaining in business. As hundreds of WeWork centres, along with numerous operator-run centres are closing, there has been a noticeable decrease in the capacity of low-grade coworking spaces, which gradually reduces the supply of low-grade flex space.”

“In contrast, The Executive Centre, which operates with centres in Asia, Australia, and the Middle East, has expanded its network by 60% to 200+ locations since 2019. We have done this by continuing to understand that we are a service business, focusing on delivering truly premium flex accommodation to its now 47,000+ clients.

Smart operators continue to benefit from high demand for flex workspace in APAC

Looking beyond WeWork’s woes, the demand for flexible office and coworking spaces has never been higher, powered by post-pandemic hybrid working models, and companies’ need to be fully flexible in their commercial real estate commitments.

Companies across APAC are increasingly adopting hybrid work models, with a growing trend among large corporations to incorporate flex spaces into their workplace strategies. This shift is driven by the desire to reduce fixed asset obligations and provide employees with diverse, stimulating environments. Flexible workspaces, with their scalable, plug-and-play office setups, offer the ideal solution.

Certain regions within APAC demonstrate particularly strong demand for flex spaces, including major business hubs like Singapore, Seoul, Shanghai, Tokyo, Dubai, and several cities in India, where a mix of local and international businesses drives the market.

Furthermore, despite the hybrid working pattern, the culture of physical presence in Asian offices is significantly higher than its Western counterparts. With major companies increasingly requiring employees to return to the office, these factors underscore that the demand for flex spaces in APAC is more prominent than ever before.

Recipe for success

TEC stands out as the leading premium flexible workspace operator in APAC, distinguished by its strategic focus on high-end products and services, prime locations in core CBD buildings, exceptional occupancy rates, and sustained profitability.

TEC demonstrates a marked difference with its growth strategy driven by pre-identified client demand, contrary to WeWork. In 2023 alone, TEC has added a total of 29 new Centres totaling 474,000 sq ft of net area and over 7,200 workstations, due to MNCs’ robust demand for TEC’s premium offerings. With close to 30 years of expertise and a solid track record in the flexible workspace market in Asia, TEC maintains an exceptional occupancy rate of around 90%.

TEC’s success is built on a deep understanding of the needs of its upscale clientele, with 83% being MNCs. It has also been a profitable company for more than two decades with uninterrupted positive year-on-year growth. TEC’s focus on profitability is evident in its operational efficiency and demand-led expansion strategies. Unlike other players in the market who pursued growth at the expense of profits, TEC has balanced its expansion with financial sustainability, ensuring long-term success in the competitive flexible workspace arena.

Conclusion

The APAC flex market presents a landscape with robust opportunities, despite the cautionary tale of WeWork. The key to success lies in understanding market dynamics, pursuing expansions driven by client demand, focusing on profitability and business sustainability, and maintaining financial prudence.

The flexible workspace industry shows significant long-term potential, and operators with strong foothold in the sector, such as The Executive Centre, will only grow stronger.

For more information about The Executive Centre, please visit www.executivecentre.com

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SYDNEY, AU, Feb 21, 2024 – (ACN Newswire via SeaPRwire.com) – In the digital age, maintaining competitiveness requires a deep understanding of technological advancements and how they can be leveraged. Australia has faced challenges in keeping pace with technological advancement, potentially creating obstacles for innovation and digital adoption.

Maintaining competitiveness in the digital age requires a thorough grasp of technical developments and their applications. Australia has to deal with a disjointed and antiquated digital infrastructure, as the regulatory framework may find it challenging to keep up with new developments in technology, which could impede innovation and the use of digital technologies.

Due to its outdated infrastructure, Australia faces challenges maintaining its competitiveness in the digital sphere, making it more difficult to innovate and fully utilize digital breakthroughs.

In light of this, the imminent “26th Edition of the Digital Transformation Summit,” organized by Exito Media Concepts and scheduled for March 14th, will assemble representatives, thought leaders, and experts. This premier event aims to facilitate the exchange of insights and expertise on the latest technologies and trends shaping the landscape of digital transformation.

Featured speakers at the conference:

• Simon Bush, Chief Executive Officer, Australian Information Industry Association (AIIA).
• Vasyl Nair, Group Chief Executive Officer, Mine Super.
• Greg McKenna, CEO, Police Bank.
• Dr. Tom Gao, Chief Technology and Digital Services Officer, City of Sydney.
• Cherie Hughes, Executive Group Manager Infrastructure Delivery Solutions, Major Projects Canberra ACT Government.
• Jeremiah Mannings, Chief Data Officer, Uniting.

Attendees will have the opportunity to learn from keynote speakers, participate in panel discussions, and network with other industry professionals.

Exciting topics you can expect to see on the agenda for the Digital Transformation summit:Sydney, include:

• Data Protection: Preserving privacy in a digitised world
• Unleashing the AI Revolution: The Power of Cloud Computing and Digital infrastructure
• Breaking the chains: Revamping the Legacy System for a Success Digital Transformation
• Cyber resilience in the age of the digital transformation
• Beyond Boundaries: The Next Frontier in Digital Transformation Tech
• Data Protection: Preserving privacy in a digitised world
• Cyber resilience in the age of the digital transformation

For more information and to register for the event, visit https://digitransformationsummit.com/sydney/ 

About Exito

Exito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.

Author: Nishmitha MS

For Media Enquiries, Contact:
Kasturi Nayak,
Sr. Marketing Executive
kasturi.nayak@exito-e.com
Exito Media Concepts

Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, Feb 21, 2024 – (ACN Newswire via SeaPRwire.com) – DC Healthcare Holdings Berhad (“DC Healthcare” or the “Group”), an aesthetic medical services provider specialising in the provision of non-invasive and minimally invasive procedures, is pleased to announce the openings of the Group’s new branches in Johor Bahru (Taman Molek), and Ipoh (Bandar Seri Botani). These new facilities underscore DC Healthcare’s ongoing commitment to extending reach and making premier aesthetic treatments more accessible across Malaysia.

Equipped with advanced aesthetic technologies and staffed by a team of seasoned professionals, the new branches reflect DC Healthcare’s dedication to excellence and patient-centered care. The introduction of these facilities aligns with the Group’s strategic vision to enhance its service portfolio and fortify the presence within the aesthetic medicine industry.

Dr. Chong Tze Sheng, Managing Director of DC Healthcare, shared his insights on the expansion, “The inauguration of our new branches in Johor Bahru and Ipoh, are key milestones in our journey of growth. These developments not only enhance our service capabilities but also bring us closer to our clients, offering them unparalleled access to top-tier aesthetic solutions. We are excited about the future and remain committed to leading the way in aesthetic medicine in Malaysia and beyond.”

As DC Healthcare continues to navigate the evolving landscape of aesthetic medicine, its strategic initiatives with the branch expansions, position the Group well for sustained success and leadership in the industry.

Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Feb 21, 2024 – (ACN Newswire via SeaPRwire.com) – The Hong Kong Trade Development Council (HKTDC) today announced its major focus areas for 2024-2025, which strengthen Hong Kong’s status as a leading global business and investment hub and convention and exhibition (C&E) centre. The HKTDC is committed to promoting Hong Kong’s advantages internationally and creating opportunities for Hong Kong businesses.

HKTDC Chairman Dr Peter K N Lam said: “With the record-breaking attendance at our Asian Financial Forum (AFF) in January, it is clear that international business leaders and investors have returned to Hong Kong. Looking ahead, we will further consolidate Hong Kong’s status as an international financial, trade and international C&E centre and promote Hong Kong’s strengths internationally. We will redouble our efforts to highlight Hong Kong’s unique role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and further integrate into the overall development of Mainland China, while actively exploring other rapidly growing markets, such as ASEAN and the Middle East. We will also continue to focus on the key growth drivers of innovation, sustainability and wellness.”

Since full reopening in March 2023, the HKTDC has stepped up efforts to attract business people across the globe to return to Hong Kong, and the Council’s trade events have welcomed visitors from Asia, the Middle East to Africa and Europe to the Americas, reinforcing Hong Kong’s position as a business and investment hub.  

Last year, we staged some 40 major events, attracting over 22,000 exhibitors and over 430,000 physical buyers and participants from Hong Kong, the mainland and around the world, with particularly notable growth in visitors from Mainland China, ASEAN and the Middle East. Indeed, exhibitor and buyer participation at last year’s HKTDC trade fairs has returned to 70-80% of pre-pandemic levels, with some even reaching 90%. Our anchor conferences, such as the AFF and the Belt and Road Summit, also attracted record-breaking attendance and strong international participation.

HKTDC’s 2024-2025 major work focus is:

1. Strengthen Hong Kong’s position within the GBA and its integration into national development

• The HKTDC will open two new GBA business support centres in Huizhou and Zhaoqing in March. With these additional centres, we will have a physical presence in all mainland GBA cities to provide stronger on-the-ground support to businesses that are interested in tapping GBA opportunities.
• Version 2.0 of the HKTDC’s offline and online business support programme GoGBA will be launched to provide more comprehensive support for businesses keen to access the GBA. It will include a five-in-one support plan for different industries, comprising seminars, group and one-on-one consultations, GBA business visits and industry information kits.
• We will enhance the promotion of infrastructure and real estate services (IRES), legal and other professional services and arrange trade delegations to mainland GBA cities to facilitate collaboration.
• We will stage SmartHK in Nanjing to boost collaboration between Hong Kong and Yangtze River Delta in trade, innovation and green finance.
• The HKTDC will launch a new innovation and technology (I&T) zone at the Hong Kong Services Pavilion at the China International Import Expo in Shanghai to promote Hong Kong’s I&T strengths.
• We will expand product offerings at the Hong Kong Pavilion at the China International Consumer Goods Expo in Hainan to cover niche sectors in high demand.

2. Connect Hong Kong with opportunities in RCEP and beyond to reinforce Hong Kong’s status as a resilient and connected business hub

• HKTDC’s mega promotion Think Business, Think Hong Kong will be held in Jakarta, Indonesia to showcase Hong Kong’s world-class services.
• We will launch a Hong Kong Professional Plus campaign to help local service providers understand the ASEAN market and seize opportunities.
• A fundraising roadshow to ASEAN or the Middle East will be organised to connect corporates with imminent fundraising needs and reinforce Hong Kong’s role as a fundraising hub.
• We will also lead a delegation to the Middle East to help Hong Kong IRES providers strengthen ties with their Middle Eastern counterparts.
• The HKTDC will launch the New Market Navigator Series, which consists of exploratory study missions and participation in trade fairs in targeted regions to highlight Hong Kong’s competitive edge across industries.
• In terms of the ASEAN market, we will stage a Hong Kong product showcase at the FHA-HoReCa in Singapore, one of the largest events in Asia in the sector. For the Middle East market, we will participate in regional trade fairs, such as Gifts & Lifestyle Middle East. Partnerships with relevant industry associations will be explored to arrange missions consisting of company visits, business matching meetings and networking.

3. Accelerate the development of Hong Kong’s pillar and new sectors with a focus on I&T, sustainability and wellness

• The HKTDC will continue to facilitate international cooperation through signature events, such as Think Business, Think Hong Kong in overseas markets and AFF, Belt and Road Summit and Eco Expo Asia, to highlight Hong Kong’s role as an international centre for green finance and greentech.
• An ESG seminar series will be launched at our anchor fairs to address the needs of different industries transitioning towards a more sustainable, low-carbon future.
• The HKTDC will strengthen deal-making at AFF and target projects related to agritech, food tech, greentech, renewable energy and climate change mitigation, working closely with the Hong Kong Green Finance Association.
• We will deepen collaboration with R&D and innovation centres of Hong Kong-based universities to promote technology commercialisation with a focus on healthtech.
• The HKTDC will collaborate with start-up communities across Asia to position the Start-up Zone at HKTDC’s exhibitions as the ideal launchpad for start-ups to showcase their products and solutions.
• Following last year’s introduction of a new ESG stream within the HKTDC’s Transformation Sandbox (T-box) business support programme, we will continue to expand T-box’s partnerships with global technology companies to support SMEs’ digital transformation.

4. Reinforce Hong Kong’s role as a global business hub and a C&E centre

• The HKTDC will stage some 40 large-scale international exhibitions and conferences, ranging from Eco Expo Asia and InnoEx to AFF and Asia Summit on Global Health.
• We will enrich the experience of business visitors by working with partner organisations to organise mega events around our anchor trade exhibitions and conferences. The linking of the Asian Financial Forum and the Standard Chartered Hong Kong Marathon in January this year was a good example.
• We will debut two new trade fairs, DeLuxe PrintPack Hong Kong and Smart Lighting Expo, in April to meet market demand and facilitate opportunities in these industries.
• We will continue to enhance the digital offerings of our exhibitions and conferences to provide a seamless online-to-offline experience for our participants and champion Hong Kong as a leader in innovation and digital transformation in the C&E industry.

Media enquiries
HKTDC’s Communications & Public Affairs Department:
Agnes Wat, Tel: (852) 2584 4554, Email: agnes.ky.wat@hktdc.org
Sam Ho, Tel: (852) 2584 4569, Email: sam.sy.ho@hktdc.org

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Feb 21, 2024 – (ACN Newswire via SeaPRwire.com) – Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for year ended 31 December 2023.

Summary of financial results

Overview

The return of tourists following full border reopening in 2023 helped revive the Hong Kong retail market. Although the overall tourism and consumer demand still lagged behind the pre-COVID levels, the Trust’s retail rental income has shown satisfactory growth due to improved footfall and tenants’ sales. However, Hong Kong office leasing remained sluggish as occupiers continued to be cost cautious. Rental income of the Trust slightly decreased by 2.0% to HK$2,312 million. Net property income of the Trust decreased by 4.2% to HK$1,946 million. The high interest rate environment resulted in a surge in cash finance costs by 41.3% to HK$590 million. The Trust recorded a drop in distributable income by 13.6 % to HK$1,122 million and distribution per unit (“DPU”) declined 13.9 % to HK$0.1683.

Three Garden Road

While we saw a rise in the number of enquiries after the full border reopening, the overall leasing momentum for the Central office market remained slow in 2023. Despite challenging market environment, occupancy of Three Garden Road maintained at stable level of 82.8% as at 31 December 2023. Rental income dropped to HK$1,222 million (2022: HK$1,346 million) as a result of negative rental reversion. In addition to the completion of a comprehensive lift modernisation project to improve the efficiency of elevators, new electric vehicle chargers were installed to further enhance amenities and accommodate an increasing number of electric vehicles in Hong Kong.  

Langham Place Office Tower

Demand from the healthcare and beauty segments for establishing new operations in Langham Place Office Tower continued. Occupancy of the property remained stable at 93.3% as at 31 December 2023. Lifestyle tenants continued to be the major occupiers of the property, accounting for 74% of the area as at 31 December 2023. Rental income declined 3.7% to HK$350 million (2022: HK$363 million).

Langham Place Mall

The overall Hong Kong retail market recorded satisfactory recovery in the post pandemic era with total retail sales increased by 16.2% in 2023. Langham Place Mall achieved an above-market average performance with tenants’ sales growing significantly by 50.5%, thanks to the strong recovery in the beauty segment following the full border reopening. The total rental income of the mall increased by 13.9% to HK$740 million (2022: HK$650 million). Occupancy of the mall stood at 98.6% as at 31 December 2023 due to tenant turnover.

Distribution

Distributable income of the Trust dropped 13.6% to HK$1,122 million (2022: HK$1,298 million) and DPU dropped 13.9% to HK$0.1683 (2022: HK$0.1954). Based on the closing unit price of HK$2.45 recorded as at 29 December 2023, the total DPU represented a distribution yield of 6.9%.

Asset Value

The appraised value of the Trust’s property portfolio was HK$62.9 billion as at 31 December 2023, declining 1.0% from HK$63.6 billion as at 31 December 2022.

Sustainability 

Our initiatives around climate resilience, stakeholder engagement and community well-being foster a strong and inclusive environment. Langham Place Office Tower’s attainment of BEAM Plus Existing Building Platinum Certification is another accomplishment in reaching our 2030 green building targets. During the year, we launched the first ESG Forum and encouraged our tenants to join the “Green Champion Challenge” in energy and waste reduction. We strive to promote a balanced and sustainable lifestyle among our staff, tenants and music lovers through engaging them in initiatives such as the waste-to-farm-to-table project, Christmas social enterprise pop-up market and the flagship “Musica del Cuore” classical concerts.

Outlook

Despite that the uncertainties in the outlook of the global economy in 2024 against the backdrop of geopolitical tensions and wars in certain regions, the moderation of inflation and potential interest rate cuts could ease the pressure on commercial real estate valuation and interest expenses. For the domestic retail market, the strong local currency may hinder the growth this year following a solid recovery in 2023. We will continue our efforts in optimising the rental income of the properties portfolio and managing the risks under the challenging market conditions.

About Champion REIT (stock code: 2778)

Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London.

Website: www.championreit.com

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NEW DELHI, Feb 21, 2024 – (ACN Newswire via SeaPRwire.com) – In a pioneering collaboration, the Motwani Jadeja Foundation is proud to announce the establishment of the “Motwani Atlantic Council Delegation to India” in partnership with the esteemed Atlantic Council. This delegation comprises six distinguished experts deeply immersed in India’s dynamic narrative across various sectors, including economic development, foreign policy, security, culture, and innovation.

Motwani Atlantic Council Delegation to India

Motwani Jadeja Foundation Launches the Motwani Atlantic Council Delegation to India

The Motwani Atlantic Council Delegation to India is poised to play a pivotal role in the upcoming ninth edition of the Raisina Dialogue, a prestigious event jointly organized by the Ananta Centre and the Ministry of External Affairs, India. Scheduled from Feb. 21-23, 2024, at the Imperial Hotel in New Delhi, this forum is a significant platform for fostering bilateral dialogue and cooperation between India and the United States.

Asha Jadeja Motwani, the visionary force behind this initiative, emphasizes the importance of catalyzing collaborations among diverse stakeholders to propel India’s growth. As a prolific venture capitalist, philanthropist, and entrepreneur, Asha Jadeja Motwani envisions this delegation as a critical step toward advancing India’s global ambitions.

“I am honored to lead the Motwani Atlantic Council Delegation to India, a platform that seeks to harness global leaders’ collective expertise and passion towards shaping India’s trajectory on the world stage. We will strive to catalyze impactful collaborations and drive positive change, advancing India’s position as a global leader in the 21st century,” said Asha Jadeja Motwani.

Building upon the success of the Global India Dialogues launched by Asha Jadeja Motwani at Davos 2024, the Motwani Atlantic Council Delegation to India aims to translate the mission of fostering a deeper understanding of India’s global aspirations and challenges into actionable initiatives. This initiative seeks to promote inclusive, sustainable, and prosperous collaborations globally.

The Motwani Atlantic Council Delegation to India will feature discussions on various topics including the Quad, I2U2, iCET, the future of warfare, supply chains, global health systems, balancing innovation and accountability in AI, global south partnerships, combating extreme weather events, building trust for R&D and tech collaborations, critical minerals, and the next decade of the India-U.S. partnership.

The delegation includes:

• Jenna Ben-Yehuda, Executive Vice President of the Atlantic Council
• Paula Dobriansky, Vice Chair of the Scowcroft Center for Strategy and Security, Former Under Secretary of State for Global Affairs, and Board Member of the Atlantic Council
• Joshua Lipsky, Senior Director of the Atlantic Council’s GeoEconomics Center
• Kapil Sharma, Acting Senior Director and Senior Fellow of the Atlantic Council’s South Asia Center
• William Wechsler, Senior Director of the Atlantic Council’s Middle East Programs
• Matthew Kroening, Vice President and Senior Director of the Atlantic Council’s Scowcroft Center for Strategy and Security

The Motwani Atlantic Council Delegation to India represents a significant milestone in fostering collaborative efforts toward shaping the future of India-U.S. relations and global prosperity.

Contact Information
Vrushali Malpekar
Marketing
info@mjf.world
408 645 4286

SOURCE: Motwani Jadeja Family Foundation

View the original press release on newswire.com.

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HONG KONG, Feb 21, 2024 – (ACN Newswire via SeaPRwire.com) – Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 10th IR Awards 2024 (the ‘Awards’). This will be the tenth consecutive year of the Awards at which best IR and corporate governance practices are recognized among Hong Kong listed companies.

Dr Eva Chan, Founding Chairman of HKIRA, said, “This is the 10th year of the IR Awards launched since 2015. The IR professionals is facing with a high inflation, high interest rate and volatile geopolitical environment, which is a challenging year for financial markets around the world. During such times is when effective communication between companies and its stakeholders becomes increasingly important. Rising concerns over ESG, health and wellness issues have also been changing the ways in which investors value listed companies. We look forward to recognizing IR professionals that have been dedicating immense efforts in adapting to these changes and excelling in such challenging environment at this year’s IR Awards.”

Last year, 126 award entries were received from listed companies, over 740 eligible voters and over 290 voting institutions participated in the voting. 41 winners from various categories were recognized at the Awards. Among the winners, China Resources Beer (Holdings) Company Limited (stock code: 00291) and Xtep International Holdings Limited (stock code: 01368) were awarded Overall Best IR Company by company size – Large Cap and Mid Cap – respectively. The Judging Panel concurred to withhold the Overall Best IR Company Award for Small Cap last year, and looked forward to ongoing efforts in the adoption of IR best practices by Small Cap listed companies in Hong Kong.

The HKIRA 10th IR Awards 2024 is once again honoured to have Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG at The Hang Seng University of Hong Kong, as the Chairman of the Judging Panel. Being an advocate and a researcher of best practice of IR, Professor Cheng has in recent years been promoting the idea of integrating ESG into investors’ decisions. ESG-related awards have been added to the HKIRA IR Award categories since 2020. In addition, Professor Cheng has been working with HKIRA to continuously fine-tune the award criteria and categories to better recognise the latest development of IR activities and strategies in Hong Kong and Asia.

Public nomination for the HKIRA 10th IR Awards 2024 is now open to Hong Kong-listed companies. Nominated individuals and companies will be placed on the online voting list upon confirmation of their participation. The investment community, including buy-side and sell-side analysts, and fund managers, are eligible to vote. Nominees with the highest votes (weighted) in each award category will be shortlisted and then undergo a final assessment by the judging panel. Finally, the Most Progress in IR, IR Committed Company, Overall Best IR Company and Grand ESG Awards will be selected by the judging panel. Facilitating a fair and balanced evaluation, the judging panel comprises academics, representatives from professional associations and the investment community.

The HKIRA 10th IR Awards 2024 scheme has a total of 16 award categories honouring best IR practices of individuals and companies. Among these awards, 12 categories are open for nomination and voting, while the other 4 awards are selected by the judging panel. The award winners are to be announced at a ceremony to be held in Hong Kong in June/July 2024. For more information, please visit www.hkira.com/awards.

Strategic Public Relations Group is once again proud to be the Official Public Relations Partner and the Diamond Sponsor for the HKIRA IR Awards this year. Please find key dates relating to the Awards with its categories and criteria for selection listed in the Appendix.

About HKIRA

Hong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.

HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,300 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 68 of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA’s members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.

About the IR Awards

The HKIRA Investor Relations Awards (the “IR Awards”) is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.

The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year’s achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards.

Media enquiries:

Strategic Public Relations Group

Cindy Lung  Tel: +852 2864 4867  Email: cindy.lung@sprg.com.hk

Holly Szeto  Tel: +852 2864 4859  Email: holly.szeto@sprg.com.hk

Michelle Shiu  Tel: +852 2864 4861  Email: michelle.shiu@sprg.com.hk

Website: www.sprg.asia

Hong Kong Investor Relations Association

Scarlet Cheng  Tel: +852 2117 1846  Email: irawards@hkira.com

Website: www.hkira.com

Appendix

Key Dates

Nomination period: 21 February to 26 March 2024

Online voting period: 8 April – 15 May 2024

Judging Panel Meeting: Second half of May 2024

Award Presentation: June /July 2024

Award Categories

* Companies which were listed on the Stock Exchange of Hong Kong in 2022 and 2023 are eligible to be nominated for this award.

Remarks: All awards will be further categorised by company market capitalisation into Large Cap, Mid Cap, and Small Cap, except Best IR Company for an IPO, Most Progress in IR and IR Committed Company Awards.

Judging Panel (Arranged in alphabetical order of last name)

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HONG KONG, Feb 21, 2024 – (ACN Newswire via SeaPRwire.com) – On February 20, 2024, E Fund Management Co., Ltd. (“E Fund”) signed a Memorandum of Understanding with Riyad Capital, to enter into an agreement to collaborate on sharing local investment expertise. The MoU was signed at the Saudi Capital Market Forum 2024 in Riyadh.

E Fund, the largest fund manager in China, is pleased to announce a new cooperation with Riyad Capital, a leading asset manager in Saudi Arabia. This collaboration aims to combine the strengths and expertise of both organizations to enhance investment opportunities and create long-term, sustainable value for clients.

The cooperation will leverage both firms’ extensive knowledge of respective local markets and investment strategies. Through this cooperation, clients of both E Fund and Riyad Capital will have access to a broader range of investment products and services. 

Xiaoyan Liu, Co-Chairman of the Board and CEO of E Fund stated, “The high level of openness of China’s capital market provides opportunities for the international development of Chinese fund management companies. E Fund has been consistently advancing its global development strategy, and this partnership with Riyad Capital represents a significant step forward. With this partnership, we will enhance our investment capabilities in Saudi Arabia and the broader region and expand our product offerings and services, while also establishing a bridge for investors in Saudi to understand and allocate to China.”

“We are pleased to partner with E Fund Management,” said Abdullah Alshwer, Riyad Capital’s CEO. “This collaboration allows us to tap into their extensive Asia network and access to their products, while also sharing our local investment expertise. In line with the KSA Vision 2030 through the Financial Sector Development Program we will be able to offer global investors access to Saudi capital markets and similarly offer our local clients a wider range of investment opportunities in different global markets.”

Both companies are confident that this cooperation will foster financial innovation, strengthen investment capabilities, and ultimately benefit their clients, who will gain access to a more comprehensive suite of investment solutions. By combining their local expertise and presence, E Fund and Riyad Capital are poised to create a mutually beneficial relationship.

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SANFORD, FL, Feb 20, 2024 – (ACN Newswire via SeaPRwire.com) – John Mattone has been selected as the World’s #1 Executive Coach and Coaching Authority for the fifth time in the past six years by the research organization Globalgurus.org. Dr. Peter Chee was #2 and Tony Robbins was #3. As a bestselling author and globally renowned coach, speaker, and educator, John Mattone will be honored at the 2024 Annual Gala in Bali by Global Gurus.

John Mattone – World’s #1 Executive Coach
John Mattone has been selected as the World’s #1 Executive Coach and Coaching Authority for the fifth time in the past six years

As a reputable research organization, Global Gurus first honored Mattone in July 2019 at the Annual Gala in Toronto. While inclusion in the Global Gurus Top 30 Global Coaches is an honor in itself, being distinguished as the world’s best professional executive coach for three consecutive years, and five out of the past six years, is a very special honor. This selection is based on professional accomplishments, contributions to the field of coaching, leadership, research, peer respect, and pioneering thought leadership.

John Mattone is the founder of one of the world’s leading coaching and leadership development firms, John Mattone Global (JMG). JMG is also an industry-leading coach certification company that provides ICF-approved and accredited certification programs to coaches and leaders through its trademarked and licensed brand, Intelligent Leadership. John Mattone Partners, Inc. (JMP) owns an industry-leading 15 registered IP trademarks awarded by the USPTO.

John Mattone is the pioneer of Intelligent Leadership (IL), a transformative, results-oriented leadership growth philosophy and process that ignites, cultivates, and polishes an individual’s heart, mind, and soul in support of creating exceptional leadership and cultural capability in an organization. The IL “movement” began in 2010. Since then, John Mattone’s IL coaching system has transformed the lives of nearly one million people and impacted the success of thousands of organizations from every corner of the globe – 55 countries to date.

Since 2017, John Mattone has personally coached and mentored over 750 global executive coaches and 45 of the world’s top CEO’s and government leaders. John Mattone is the former executive coach to the late Steve Jobs and the former legendary CEO of PepsiCo, Roger Enrico.

John is the author of 10 books, including five best-sellers: Talent Leadership (2012), Intelligent Leadership (2013), Cultural Transformations (2016), The Intelligent Leader (2019), and The Executive Coach’s Handbook (2022).

John has a Bachelor of Science in Management & Organizational Behavior as well as a Master of Science and Ph.D. in Industrial/Organizational Psychology. He serves on the Dean’s Advisory Board (College of Sciences) at the University of Central Florida (UCF) and is a Distinguished Senior Fellow at the Hult International School of Business.

John Mattone and his family are paying it forward through two scholarships at the University of Central Florida: The John Mattone Endowed Graduate Scholarship Fund for Executive Coaching and Leadership (for Graduate students in Industrial/Organizational Psychology) and The Mattone Family Endowed Scholarship for Industrial/Organizational Psychology.

About John Mattone

John Mattone is a bestselling author, the world’s #1 authority on Intelligent Leadership and one of the world’s most in-demand CEO coaches and leadership speakers. He is the founder of John Mattone Global, one of the world’s leading executive coaching firms.

For more information, please visit http://www.johnmattone.com and http://www.ilmovement.com.

Contact Information
Manny Janero
Marketing Manager
info@clickelements.com
1.866.923.5464

SOURCE: John Mattone Global

View the original press release on newswire.com.

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MIAMI BEACH, FL, Feb 20, 2024 – (ACN Newswire via SeaPRwire.com) – LQR House Inc. (the “Company” or “LQR House”) (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, proudly announces the receipt of a £1,080,000 GBP (approximately $1,350,000 USD) purchase order for its SWOL Tequila from Access Fulfillment, based in the UK. This strategic partnership marks LQR House’s entry into the UK market, with Access Fulfillment being the first UK-based partner the Company granted distribution rights for SWOL Tequila.

Access Fulfillment, established in November 2007, has evolved over 15 years to become a leader in storage, distribution, and fulfillment services. Boasting progressive technologies and unwavering customer service, the company has a solid track record in the wine industry and maintains strong relationships with local retailers. The Company believes that situated in Kent, Southeast England, Access Fulfillment’s transport connections to the UK road network and Europe make it an ideal partner for the expansion of SWOL Tequila.

LQR House CEO, Sean Dollinger, expressed enthusiasm about SWOL Tequila’s global trajectory, stating, “With purchase orders now coming in from Canada and the UK, we believe that SWOL starts growing into a global brand. We believe that the humbling reviews from SWOL customers validate our commitment to crafting a unique Anejo blend. In our view, SWOL’s success in a saturated tequila market is evident through the positive customer reviews and increasing orders.”

The Company believe that this significant partnership with Access Fulfillment aligns with LQR House’s mission to redefine the spirits industry through innovative products and strategic expansions.

About LQR House Inc.

LQR House intends to become a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate the consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role as an e-commerce leader, LQR House is a marketing agency with a specialized focus on the alcohol industry. The Company measures campaign success by directly correlating it with sales on CWSpirits.com, demonstrating a return on investment. Backed by an influential network of over 550 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing solutions.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the registration statements on Form S-1 filed with the SEC and other filings with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statements on Form S-1 and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov.

Investor and Media Contact:info@lqrhouse.com

SOURCE: LQR House Inc.

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Brisbane, Queensland, Australia–(ACN Newswire via SeaPRwire.com – February 20, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to announce that it has successfully passed the ISO 9001:2015 audit and is now certified to be in compliance with this internationally recognised standard for quality management systems. This achievement underscores GMG’s commitment to providing its customers with the highest quality products and services, while continuously improving its internal processes.

The ISO 9001 certification process involved a rigorous assessment of GMG’s quality management system, covering all aspects of its operations, from customer service to production, delivery, and technical support. The successful audit demonstrates that GMG’s system meets the stringent requirements of the ISO 9001 standard that are designed to ensure consistent quality and customer satisfaction.

The benefits of ISO 9001 certification for GMG include:

• Enhanced customer satisfaction through improved product and service quality.
• Increased efficiency and productivity through optimised processes.
• Reduced costs through minimised errors and waste.
• Improved decision-making through data-driven insights.

GMG is committed to maintaining its ISO 9001 certification and continuously improving its quality management system. The Company plans to conduct regular internal audits and reviews to ensure that its system remains effective and aligned with the latest standards.

GMG’s Managing Director and CEO, Craig Nicol, commented: “We are extremely proud to achieve ISO 9001 certification. This certification is a testament to our dedication to quality and continuous improvement. We are confident that this will further strengthen our relationships with our customers and partners and open more opportunities.”

Additionally, the Company would like to clarify the terms of an investor relations agreement with Focus Communications Investor Relations Inc., a company existing under the laws of Ontario (“Focus”), dated July 1, 2023 (the “Focus Agreement”), previously detailed in the News Release dated July 18, 2023.

Pursuant to the Focus Agreement, Focus will provide investor relations services to GMG for a three-year term, subject to early termination in certain events. The options previously detailed in the July 18, 2023, News Release will vest and become exercisable over a 12-month period and have a term of 3 years.

RSU and Options Grants

The Company is also pleased to announce that following the annual external remuneration review, its Board of Directors have approved the grant of an aggregate of 685,530 Restricted Share Units (“RSU’s”) and 1,400,000 Share Options (“Options”) to certain officers and directors of the Company pursuant to its Restricted Share and Performance Share Plan and the Stock Option Plan. The RSU’s and Options will vest in accordance with the following schedules.

When vested, each RSU entitles the holder thereof to receive one Share or the equivalent cash value thereof.

About GMG

GMG is a disruptive Australian-based clean-tech company listed on the TSXV (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company’s proprietary process, GMG can produce high quality, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets. The Company is pursuing additional opportunities for GMG Graphene, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance of lubricant oil and performance enhanced HVAC-R coating system.

GMG’s 4 critical business objectives are to:

1. Produce Graphene and improve/scale cell production processes.
2. Build Revenue from Energy Savings Products.
3. Develop a Next-Generation Battery.
4. Develop its Supply Chain, Partners & Project Execution Capability.

For further information please contact:

• Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
• Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

www.graphenemg.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the ISO 9001 standard underscoring GMG’s commitment to providing quality products and services and continued improvement, that the Company will continuously improve its internal processes, the benefits stemming from the ISO 9001 certification, and that the Company will conduct regular internal audits and reviews to ensure that its systems remain effective and aligned with the latest standards.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to the significance of the Company obtaining its ISO 9001 certification, that the Company will be able to continuously improve its internal processes, that the Company will derive the expected benefits from the ISO 9001 certification as currently expected by management, that the Company will conduct regular internal audits and reviews to ensure that its systems remain effective and aligned with the latest standards, and that the ISO 9001 certification will further strengthen the Company’s relationships with its customers and partners and open more opportunities. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the Company will be unable to continuously improve its internal processes, that the Company will not derive the benefits management expects from the ISO 9001 certification, that the Company will not conduct regular internal audits and reviews to ensure that its systems remain effective and aligned with the latest standards, that the ISO 9001 certification will not strengthen the Company’s relationships with its customers and partners and open more opportunities, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 12, 2023 available for review on the Company’s profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/198540

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DUBAI, Feb 20, 2024 – (ACN Newswire via SeaPRwire.com) – The 29th Edition of the World Blockchain Summit, an event by Trescon, returns to Dubai on 22nd and 23rd April 2024 bringing together leading innovators, investors, enterprises, thought leaders, entrepreneurs under one roof to debate and dissect the trending issues and challenges that are rapidly reshaping the regional blockchain and web3 ecosystem.

Held at the prestigious JW Marriot Hotel, Marina, the event emerges as the focal point for innovators to play a central role in establishing Dubai as the blockchain capital of the MENA region. With the implementation of key initiatives such as the Dubai Blockchain Strategy, Dubai Metaverse Strategy, the launch of Dubai Blockchain Platform and Virtual Assets Regulatory Authority (VARA), the Dubai is becoming the hotspot for blockchain and web3 innovations.

#WBSDubai is set to deliver compelling keynote speeches, illuminating use-case studies presentations by top blockchain visionaries and experts, and thought-provoking panel discussions covering pivotal topics that are currently shape the blockchain landscape. Some of the topics that will be discussed at the event include:

• 2024 Blockchain Ecosystem Market Analysis
• Exploring DeFi Trends: From Hype to Reality
• The rise of AI-Blockchain integration and more

Some of the top speakers at event are:

• Pascal Gauthier, CEO & Chairman, Ledger
• Bertrand Levy, VP Global Licensing, SANDBOX
• David Siemer, CEO, Wave Digital Assets
• Rifad Mahasneh, GM MENA @ OKX
• Talal Tabbaa, CEO, CoinMENA
• Dmitry Fedotov, Head of DLT Protocol, ADGM
• Richard Muirhead, Co-Founder & Managing, Fabric Ventures
• George Gvazava, Chief Crypto Officer, Bank of Georgia

Reflecting on past events, speakers like Sandeep Naliwal (Co-Founder, Polygon), Charles Hoskinson (CEO & Founder, Input Output Global), and Frederik Gregaard (CEO, Cardano Foundation) have significantly shaped #WBS into a premier industry platform.

Sharing their thoughts, Frederik Gregaard, CEO, Cardano Foundation, said,” The World Blockchain Summit, Dubai, was a truly dynamic and diverse event that left a positive impression, making me inclined to attend again.”

Sandeep Nailwal, Co-Founder, Polygon Labs, expressed, “The experience was good. It’s good to meet the community, builders with new ideas. That’s my purpose of coming to these events.”

The summit will unite over 2,000 decision-makers in the web3 space and showcase the regional finale of the Startup World Cup, orchestrated by the globally acclaimed U.S.-based venture capital firm, Pegasus Ventures. This unique event also provides the winner with the exceptional opportunity to present at the global finals hosted in San Francisco, with a chance to secure a substantial US$1 million in funding.

“Dubai stands as a global innovation and technology hub, at the forefront of adopting essential blockchain solutions that will drive global economy forward. The World Blockchain Summit is the perfect platform for top blockchain authorities and experts to share their insights and groundbreaking innovations, reshaping the very essence of the blockchain landscape,” notes Sharath Kumar, Director- Business Unit, Trescon.

Registration for the World Blockchain Summit Dubai is officially open! Seize the chance to secure your early bird tickets today and prepare to immerse yourself in one of the most thrilling blockchain and crypto events of the year. Don’t miss out!

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 28 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

About Trescon 

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients.

To book your tickets, visit: https://www.worldblockchainsummit.com/dxb-apr-24#Ticket-booking-sections

For inquiries, Contact: comms@worldblockchainsummit.com 

For media inquiries and further information, please contact:
Shadi Dawi
Director, Public Relations & Partnerships – MENA
shadi@tresconglobal.com
+971 55 498 4989

Copyright 2024 ACN Newswire via SeaPRwire.com.

West Palm Beach, FL, Feb 20, 2024 – (ACN Newswire via SeaPRwire.com) – U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has announced His Highness Maharaja Sawai Padmanabh Singh(Pacho) of Jaipur, India, as its new Global Brand Ambassador.

Sawai Padmanabh Singh is a member of the Royal Family of Jaipur and is the current Maharaja of Jaipur. A professional polo player, Singh has played for and captained the Indian National Team and has participated in tournaments across Argentina, Australia, Brazil, Canada, Chile, France, Germany, Spain, Thailand, the United Kingdom, the United States and more.

Pacho’s passion and enthusiasm for the sport of polo has helped popularize it beyond the field, and today the tournaments in Jaipur draw visitors from around the world. With the royal patronage of the Rajasthan Polo Club, Singh continues to further the cause of supporting this unique and historic sport.

“It’s an honor to be selected as Global Brand Ambassador for U.S. Polo Assn., a brand that is so popular and respected in my home country of India and so authentic to the sport of polo,” said His Highness, Padmanabh Singh, Maharaja of Jaipur. “I look forward to representing the brand with great enthusiasm at sporting and fashion events and on social media for fans and consumers around the world!”

The Role of a U.S. Polo Assn. Global Brand Ambassador

The scope of Pacho’s role as Global Brand Ambassador is broad and designed to shine the spotlight on talented polo players and the authenticity of the brand around the world. He will be outfitted in U.S. Polo Assn. apparel and performance gear both on and off the field, share his polo-related and other daily activities on social media, participate in sporting and fashion events on behalf of U.S. Polo Assn., as well as engage in media requests for interviews and campaigns.

“U.S. Polo Assn. is proud to welcome Pacho to our outstanding roster of Global Brand Ambassadors,” said J. Michael Prince, President and CEO of USPA Global, which manages the multi-billion-dollar U.S. Polo Assn. brand. “U.S. Polo Assn. is a brand that spans 190 countries, including more than 400 brand stores in India alone, and Pacho is a perfect representative of a global polo player that encompasses what our sport-inspired brand is all about – global, vibrant, authentic, and exciting.”

U.S. Polo Assn. will also launch a Capsule Collection of elevated polo shirts, white sports pants, oxfords, and sport-inspired accessories inspired by Pacho that he will promote as a U.S. Polo Assn. Global Brand Ambassador.

His Highness Maharaja Sawai Padmanabh Singh and the Sport of Polo

His Highness brings to U.S. Polo Assn. his spirit of sportsmanship and distinctive style that he displays both on and off the field.

Pacho is passionate about the sport of polo and has represented India in the sport across the world. He was named Captain of the Indian National Polo Team in 2022. His journey began while he was at school in the U.K., where he joined the prestigious Guards Polo Club and played at different levels in the U.K. He has won almost every major polo tournament in India and was also the youngest player to win the India Open.

He is also working towards promoting polo in Jaipur through various initiatives like high-goal tournaments, Ladies’ Polo, and Junior Polo. He has recently revived the historic Jaipur Polo Team to keep the rich legacy of his family’s contributions to the sport alive. The Jaipur Polo Team was revered as one of the greatest in the world and reigned supreme during its time, winning every major polo tournament including the World Cup in 1957 at Deauville, France.

As patron of the Rajasthan Polo Club, Pacho has instituted various training programs for young sportspersons to enable them to learn riding and polo at very nominal rates, with special programs for girls. It is also thanks to Pacho’s efforts that every polo season now includes low-goal tournaments, Ladies’ Polo, and Out of Hat series for aspiring young players to participate in, encouraging greater participation and inclusivity in a sport perceived by many as elitist. As a result, and unlike any other polo center, Jaipur sees polo fans from many different demographics rush to see and support the game. This is encouraged by His Highness through free access for all games organized at the polo club.

U.S. Polo Assn., an India Power Brand

U.S. Polo Assn.’s popularity in India has only grown with the population, making India prime to be the global brand’s fastest-growing market. The tremendous growth in popularity and ultimately market share is not without effort, which includes a strategy focused on both brick-and-mortar and e-commerce, as well as overall brand marketing through storytelling.

“We are thrilled to have His Highness, the Maharaja of Jaipur, as a Global Brand Ambassador for U.S. Polo Assn., one of the most important brands in India,” said Shailesh Chaturvedi, Managing Director and CEO of Arvind Fashions Ltd. “Pacho’s stature, popularity, sportsmanship and passion are all an excellent representation of our global, sport-inspired brand.”

“The combination of having His Highness as our Ambassador, alongside our new, iconic Legends Campaign, our exciting India website, as well as our revamped stores – it’s an incredible time for U.S. Polo Assn. consumers to be immersed in our unique brand story in India and around the world,” added Chaturvedi.

As one of India’s leading casual wear power brands, the multi-billion-dollar, global, sport-inspired U.S. Polo Assn. brand has launched an exclusive brand-specific website USPoloAssn.in to further enhance digital offerings for customers and provide easier access to its product offerings. Its brick-and-mortar growth is exploding in India as well, with 100 more stores in the coming years.

Currently, the brand’s retail footprint in India is at more than 400 brand stores, and over 2,000 shop-in-shops, across more than 200 cities in India. Globally, the U.S. Polo Assn. brand is in 190 countries and has global retail sales of more than $2.5 billion.

About U.S. Polo Assn.

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country’s oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through over 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of households globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital presence. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn. 

About Arvind

Arvind Fashions Ltd., based in Bengaluru, is India’s No. 1 casual and denim player in the country’s retail industry, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across various sub-categories and price points. With a host of renowned brands, both international and indigenous, like U.S. Polo Assn., ARROW, Tommy Hilfiger, Calvin Klein and Flying Machine, Arvind has a presence across lifestyle brands and value fashion. Visit Arvind, USPoloAssn.in, and follow @uspoloassnindia.

Contact Information
Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Shannon Stilson
VP, Sports Marketing & Media
sstilson@uspagl.com
+001.561.227.6994

Deepansh Bhargava
Vice President, Marketing, U.S. Polo Assn. India at Arvind Fashions Limited
deepansh.bhargava@arvindbrands.co.in
+91 9343897011

SOURCE: USPA Global Licensing Inc.

View the original press release on newswire.com.

Copyright 2024 ACN Newswire via SeaPRwire.com.

· Twin jewellery events restore ‘two shows, two venues’ format for the first time since the pandemic.
· Themed Be Part of the Splendid Legacy, the 40th Hong Kong International Jewellery Show and 10th Hong Kong International  Diamond, Gem & Pearl Show are expected to attract over 4,000 exhibitors from more than 40 counties and regions, drawing enthusiastic responses.
· Over 60% of exhibitors from overseas, reaffirming international popularity of the shows.
· More than 30 seminars, events and parades, including analysis of jewellery market trends by FRED, an LVMH jewellery brand
· Hong Kong’s Fine Jewellery Exports rebounded 23% to HK$87.8 billion last year, 40% higher than pre-pandemic.

HONG KONG, Feb 20, 2024 – (ACN Newswire via SeaPRwire.com) – The 40th Hong Kong International Jewellery Show and 10th Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), will return to the two fairs, two venues format for the first time since the pandemic, presenting the world’s premier jewellery trade platform. The Diamond, Gem & Pearl show will run at AsiaWorld-Expo from 27 February to 2 March, while the Jewellery Fair will be held at the Hong Kong Convention and Exhibition Centre from 29 February to 4 March, bringing sourcing and global trade opportunities for industry players.

Sophia Chong, Deputy Executive Director of the HKTDC, said: “The theme of this year’s jewellery shows is Be Part of the Splendid Legacy, and the events are expected to attract over 4,000 exhibitors from more than 40 countries and regions. The overall scale of the fairs is close to pre-pandemic levels, with more than 60% of exhibitors coming from outside Hong Kong, accentuating Hong Kong’s status as an international trade and jewellery sourcing centre. The shows attract over 90 buyer missions from 65 countries and regions.”

Fine jewellery exports rebound

Hong Kong’s fine jewellery exports rebounded significantly last year, rising 23% to HK$87.8 billion (US$11.2 billion) compared to 2022, and 40% higher than pre-pandemic 2019, with strong growth in exports to Mainland China, which recorded a year-on-year increase of more than 20%, and the United States and Switzerland, which increased 16% and 82% year-on-year respectively.

Twin shows feature 36 pavilions

Supported by jewellery trade associations and organisations from all over the world, the fairs feature 36 geographic and industry pavilions from Belgium, Brazil, Mainland China, Colombia, Germany, India, Israel, Italy, Japan, Korea, Singapore, Sri Lanka, Taiwan, Thailand and Türkiye while Malaysia debuts. Industry pavilions returning include the Tanzanite Foundation, Asia Pacific Creators Association and International Coloured Gems Association, while the T-GOLD+METS Pavilion (co-organised by Hong Kong Jewellery & Jade Manufacturers’ Association and Italian Exhibition Group) will debut to focus on jewellery manufacturing machinery.

Dedicated zones feature international brands, cultural and creative designs

The Hong Kong International Jewellery Show contains 18 zones, including the Hall of Extraordinary, which features 78 global exhibitors showcasing stunning diamond, gemstone, jade and pearl jewellery. These include Hong Kong exhibitor Hatta New World Company Limited (Booth: CEC GH-D06) which will showcase a jewellery set that carries about 110 carats of Brazilian Paraiba tourmaline pieces (a necklace, a ring and a pair of earrings), worth over HK$15 million. The bright-blue Paraiba is one of the rarest precious stones on Earth.

The Designer Galleria showcases collections and a number of culturally inspired creative designs this year. Japanese exhibitor Jewellery of Raden & Urushi (Booth: CEC 1CON-032) presents Mizuhiki, a brooch incorporating traditional Japanese craftsmanship. Inspired by the Japanese art of knotting, the brooch is decorated with a black pearl, diamond and green garnet with knotted lacquerware, giving its traditional design a fashionable touch. Hong Kong exhibitor Charming Jewellery Ltd (Booth: CEC 1C-A36) brought its La broderie brand, which features embroidery, a National Intangible Cultural Heritage. Hong Kong embroidery masters used silk threads to create vivid illustrations of butterflies, dragonflies and orchids, sewn together with gold accessories and jewellery pieces, crafting exquisite workmanship and elegant pieces.

The Hall of Fame will feature international brands including Giorgio Visconti from Italy, Chete from Hong Kong, Carrera Y Carrera from Spain and Lao Feng Xiang from Mainland China.

Rare diamonds in spotlight

The Hong Kong International Diamond, Gem and Pearl Show will bring together a wide range of diamonds, gemstones and pearl exhibitors in 11 zones, including three high-end product zones – Hall of Fine Diamond, Treasures of Nature and Treasures of Ocean – which will showcase top-quality white diamonds, coloured diamonds, high-end gemstones, rare pearls and other raw materials from all over the world, including Color Diamond Trading Co’s rare orange fancy colour diamond (Booth: AWE 5-G06) weighing 1.03 carats, believed to be highly sought-after by collectors and jewellery traders. Participating countries and regions include Zhuji (Zhejiang) from Mainland China, once again bringing freshwater pearls to the show, while the Vice Governor of Henan will personally lead the province’s pavilion. The Japan Pavilion will continue to bring a wide range of quality pearls to the show.

Forums, events and parades facilitate industry exchange

More than 30 seminars, exhibitor forums and parades at the twin jewellery shows will showcase the latest design trends and facilitate industry exchange. The Future of Chinese Jewellery Design and AI Empowerment, co-organised by the Jewellers’ and Goldsmiths’ Association of Hong Kong Limited, will explore the latest development of AI and jewellery design. Valentin Andres, representative of FRED, an LVMH Group jewellery brand, will analyse the market trends at the Buyer’s Forum. Three industry standard and authentication bodies – Gemmological Association of Hong Kong, Hong Kong Council for Testing and Certification and The World Jewellery Confederation – will outline details on the international Fei Cui benchmark at the Seminar on International Fei Cui Standard. At the same seminar, a senior gemmologist at the SSEF Swiss Gemmological Institute will speak on advanced gemmology and scientific analysis on gemstone testing; and a leading authority on gemstones, the Gemological Institute of America (GIA), will present solutions to industry challenges.

Digital platforms create effective trade-fair experience

This year, the HKTDC Marketplace App and official websites of the two shows will allow buyers to register before the fair, authenticate themselves through the App and download their verified eBadge for direct entry, greatly reducing queuing and waiting times, and enhancing sourcing efficiency. Buyers can also use the Scan2Match function to scan exhibitors’ unique QR codes during the physical exhibition, bookmark favourite exhibitors, browse product information and continue discussions with exhibitors online during or after the show.

Under the EXHIBITION+ hybrid mode, buyers can make purchases on-site and search for products and services on the Click2Match smart business-matching platform and hktdc.com sourcing platform. From now until 11 March, buyers and exhibitors can conduct online discussions through Click2Match.

For the convenience visitors to both fairs, free shuttle buses will take buyers to and from AsiaWorld-Expo and the city (including the Hong Kong Convention and Exhibition Centre in Wan Chai). Please refer to the fair website for details.

Photos Download: https://bit.ly/49CYH1a

Websites:
Hong Kong International Jewellery Show: https://www.hktdc.com/event/hkjewellery/en
Hong Kong International Diamond, Gem & Pearl Show: https://www.hktdc.com/event/hkdgp/en
Selected Products: https://bit.ly/3wvmX71
Shuttle Bus Arrangement: https://www.hktdc.com/event/hkdgp/en/travel-to-fairground-awe
https://www.hktdc.com/event/hkjewellery/en/travel-to-fairground-hkcec
Activity list: https://www.hktdc.com/event/hkjewellery/tc/intelligence-hub
HKTDC Media Room: http://mediaroom.hktdc.com

Media enquiries

Please contact the HKTDC’s Communications & Public Affairs Department:
Jane Cheung, Tel: (852) 2584 4137, Email: jane.mh.cheung@hktdc.org
Clayton Lauw, Tel: (852) 2584 4472, Email: clayton.y.lauw@hktdc.org

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Copyright 2024 ACN Newswire via SeaPRwire.com.

LONDON, Feb 20, 2024 – (ACN Newswire via SeaPRwire.com) – Hyris, working with an international team of researchers, has developed a prototype field-deployable surveillance system to detect insecticide-resistant malaria vector mosquitoes in the field without the need for transportation to sophisticated laboratories. The prototype can diagnose a mosquito for insecticide resistance at the field site three or less hours after capture. Current approaches can take up to six months since samples must be collected in remote areas and then transported to centralized laboratories for testing.

Hyris fights malaria
Disease vector mosquito

The early and cost-effective detection of mosquito resistance to insecticides is essential for planning and implementing effective malaria control strategies. Mosquito-killing insecticides remain key weapons in preventing malaria transmission in sub-Saharan Africa and other malaria-endemic parts of the world. However, mosquitoes often develop resistance to insecticides, rendering them ineffective in disrupting the spread of the disease.

The research team is led by Professor George Dimopoulos at the Johns Hopkins Bloomberg School of Public Health and the Johns Hopkins Malaria Research Institute, and together with Professor Charles Wondji at the Centre for Research in Infectious Diseases in Yaoundé, Cameroon the team has been working since 2021 conducting laboratory R&D, and field testing in malaria-endemic areas of Cameroon. This is enabled by the distinctive features of the Hyris System for molecular testing that is based on a simple portable battery-powered device rather than a heavy laboratory-based benchtop machine.

The newly developed Hyris technology of pre-filled dried cartridges enables running the diagnostic assay by simply adding the mosquito sample to a well already containing all other reagents, simplifying the testing workflow. The stability of the dried reagents enables their storage at room temperature for up to six months thereby not requiring freezers which are lacking at most sample collection sites in the field.

This research project was supported by a Bill & Melinda Gates Foundation grant made to Johns Hopkins University.

“This new test is deployable right in-field,” explains Lorenzo Colombo, CTO and Managing Director at Hyris. “Our technology enables researchers to collect a mosquito sample in the field and conduct the molecular diagnostic assay right there, with real-time acquisition, from a central lab, of insecticide resistance data from the disease-endemic area.”

The team is currently exploring the path for nationwide deployment of the mosquito insecticide resistance surveillance system in Cameroon, something that would enable real-time informed decision-making on malaria mosquito control campaigns using the most effective insecticides.

Stefano Lo Priore, Founder and CEO at Hyris, further explains the advantages of this new test: “The necessity of cold chain has always been a critical roadblock for any test distribution in remote areas. This new malaria mosquito insecticide resistance test does not require any cold chain for shipping, making it one hundred percent field-deployable.” Lo Priore also highlights how such projects perfectly align with Hyris’ commitment to developing advanced biotech solutions for critical environments. “We work to provide increasingly efficient ways to manage outbreak readiness and health prevention, especially in the most challenging situations.”

For more information, feel free to contact a Hyris specialist at info@hyris.net.

Contact Information
Gabriele Salaris
Global Experience Manager
gabriele.salaris@hyris.net
+39 345 555 3379

SOURCE: Hyris Ltd

View the original press release on newswire.com.

Copyright 2024 ACN Newswire via SeaPRwire.com.

Mountain View, Calif, & Mumbai, India, Feb 20, 2024 – (ACN Newswire via SeaPRwire.com) – CleverTap, the all-in-one engagement platform, today released its industry data-science report ‘Navigating Personalization: A Balancing Act for eCommerce’ showcasing the importance of tailored personalization strategies across various eCommerce applications. The findings are based on a detailed analysis of 500,000 messages across 43 global eCommerce businesses. 

CleverTap found that eCommerce businesses leveraging use-case based personalization strategies saw 6x more purchases than the industry average, and 7x more purchases than businesses relying on blanket, one-size-fits all personalization strategies. This, alongside the various other insights within the report will help eCommerce marketers drive organic conversions and higher app activity. 

CleverTap assessed personalization via three channels – email, push notifications, and in-app messages. The report establishes the 4 levels of personalization (L1 – L4) and advocates for an optimal blend across different levels to maximize results. These four levels of personalization from least to most personalized are: 

• L1: Tailors recommendations and promotions based on demographic data, ensuring relevance for distinct customer segments. 
• L2: Delves into behavior-based segmentation, crafting messages from past customer actions.
• L3: Predicts preferences and intent, tailoring content and offers accordingly.
• L4: Leverages real-time data, triggering immediate, highly relevant messages based on current behaviors and events

The report discovered that businesses with higher levels of personalization tend to have better business outcomes. It categorized these businesses into three groups —

Striving: Businesses that use limited personalization with higher send frequencies.

Steady: Businesses that use a high degree of personalization but have lower send frequencies. 

Stellar: Businesses that use a high degree of personalization and optimal send frequencies.

Striving businesses, on average, sent 22 messages to users every week with minimal (L1) personalization, leading to them underperforming the industry benchmark by 77%. 

Steady businesses overlooked L1 personalization; underestimating the power of simple demographic personalization which limited engagement at the generic level. But by prioritizing more advanced levels of personalization (L2 and L4) they outperformed industry benchmarks by 74%. 

Stellar businesses adopted the optimum blend of all four personalization levels, with an emphasis on L4, outperforming the industry benchmark by 500%. Compared to striving businesses, they achieved nearly 7x more purchases. 

Stellar businesses used L1 personalization to successfully promote large-scale events that impacted the customer base at large. Simultaneously, through more granular levels of personalization, they were able to guide customers towards subsequent conversion events. These stellar businesses prioritize behavior-based and real-time messaging over activity-based communication. This approach minimizes intrusive messages following specific customer activities and, instead, focuses on nudging customers only when behaviors of intent are shown.

“When it comes to personalization, often businesses can be myopic in their decision-making – thinking personalization of any shape or form will help achieve the lofty goals they set,” said Jacob Joseph, VP – Data Science, CleverTap. “While it’s true that some personalization is better than none, over-relying on any one type of personalization will deliver subpar results compared to businesses with a more holistic approach. With a strategic mix of personalization techniques eCommerce businesses can overperform industry benchmarks by 6x; elevating their brands from striving or steady to stellar status.”

About CleverTap

CleverTap is the all-in-one engagement platform that helps brands unlock limitless customer lifetime value by helping them create personalized experiences to retain their most valuable customers. The platform empowers businesses to orchestrate experiences for individuals across their lifecycles and design personalized journeys that span a lifetime. It offers analytics that encompasses every aspect of the lifecycle, enabling businesses to measure and optimize each experience in real time. Its unique AI capability is insightful, empathetic, and prescriptive, facilitating smarter and faster decisions. The all-in-one platform unifies experiences from every touchpoint, paving the way for a new era of customer engagement.

The platform is powered by TesseractDB – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco.

Backed by leading investors such as Peak XV Partners, Tiger Global, Accel, CDPQ, and 360 One, the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, and Jakarta.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap  
X: https://twitter.com/CleverTap 

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com 

IPSHITA BALU
Consultant
Archetype
+91 95901 11798
ipshita.balu@archetype.co 

Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Feb 19, 2024 – (ACN Newswire via SeaPRwire.com) – Small businesses are embracing digitalization and catering to their customer needs through a variety of online channels. With new technologies emerging such as artificial intelligence, there is no time like the present to help your small business grow by taking advantage of the online world.

A GoDaddy 2023 global survey examined the status of small businesses including their ways to reach customers and survive in highly competitive markets. APAC countries surveyed, including Philippines, Singapore and Thailand, showed use of a business website, online store, ecommerce or a combination of them ranking at 57% of survey respondents. These results support having a strong online presence with multiple complementary channels can be vital for businesses to thrive and grow in today’s competitive digital environments.

With this in mind, GoDaddy shares five tips to help your small business grow with an online presence.

It starts with a domain name

When getting started, check availability of domain names for the desired name. A domain name can be considered a business’ piece of real estate and identity on the internet. It is a way for customers to easily find a business online.

Choosing and registering a domain name for your business that’s memorable is increasingly important in an expanding digital marketplace, as it helps to shape your online business identity. If the .com extension is not available, there are many new extensions available, such as: .shop; .co.; .photography; .tech, to name a few, for you to consider which can help define your business.  After choosing a domain name register it with a reliable hosting provider right away.

Build a website 

Websites help create visibility for small businesses and acts as a home base for your business on the internet, even if you have a brick-and-mortar store.  A website can help consumers easily find your business, learn about your product offerings and services, and contact you for more information.

A well-designed professional looking website can offer an engaging customer experience with the use of text along with photo images and video.  Having a website gives you control over the messaging about your business and can serve as a hub by linking with your social media channels.

Listen to your customers

The growth of your business is directly related to customer satisfaction. Listen to your customers and pay attention to the needs of your target market. Identify their problems and pain points. How can your offerings act as a solution? Is it possible to develop new products to help solve these problems?  Engage for customer feedback and keep an eye on customer behaviour changes and audience interests.

Develop a business support system

By developing a strong business support system, entrepreneurs can benefit from new ideas on ways to address a particular issue or ideas for growth. In addition to close family and friends, consider mentors and business coaches who can provide relevant insights into your business.

Review your business plan

Many entrepreneurs make a business plan at the beginning of their business journey, but do not take the time to revisit it from time-to-time. So, analysing aspects of that business plan like target audience and competitors, examining cash flows and what can make the business profitable, while also checking timelines to reach business goals is all equally essential to help ensure continued growth of your business.

For more information on how GoDaddy can help your small business: Domain Names, Websites, Hosting & Online Marketing Tools – GoDaddy PH

About GoDaddy

GoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services, and accept payments online. GoDaddy’s easy-to-use tools help microbusiness owners manage everything in one place and its expert guides are available to provide assistance 24/7. To learn more about the company, visit www.godaddy.com .

Copyright 2024 ACN Newswire via SeaPRwire.com.

SAN DIEGO, CA, Feb 20, 2024 – (ACN Newswire via SeaPRwire.com) – General Atomics, a defense and diversified technologies company with affiliates operating on five continents, is expanding its collaborations and partnerships across Japan with new investments in the nuclear energy and rare earth elements sectors.

Numerous teaming arrangements are in the late stages of discussion and are set to be announced in early 2024. These partnerships will complement the company’s existing relationships as a long-term partner collaborating with Japanese industry and government agencies.

“General Atomics is committed to collaborating with its Japanese partners to advance the development of cutting-edge technologies in the maritime security, nuclear energy, and rare earth elements sectors,” said Dr. Vivek Lall, chief executive at General Atomics Global Corporation. “Building on a legacy of successful collaborations, we have held a series of strategic engagements with government officials, industry leaders, and research institutions in Japan. These engagements have laid the foundation for future partnerships aimed at advancing the development of critical and emerging technologies.”

In 2023, Japan’s Kyoto Fusioneering announced an agreement with GA to supply two advanced gyrotrons to the U.S. Department of Energy’s DIII-D National Fusion Facility in San Diego, California.

Currently, the Japan Coast Guard (JCG) and Japan Maritime Self-Defense Force (JMSDF) are testing and deploying the MQ-9B SeaGuardian® Remotely Piloted Aircraft (RPA) built by General Atomics Aeronautical Systems, Inc. (GA-ASI). SeaGuardian is a long-endurance maritime surveillance aircraft that can be used for a variety of missions, including search and rescue, disaster response, and maritime law enforcement.

GA-ASI’s MQ-9B aircraft is revolutionizing the global RPA systems market by providing true all-weather capability and full compliance with STANAG-4671 (NATO UAS airworthiness standard). This feature, along with GA-ASI’s operationally proven collision avoidance radar, enables flexible operations in civil airspace.

About GA-ASI

General Atomics Aeronautical Systems, Inc. (GA-ASI), an affiliate of General Atomics, is a leading designer and manufacturer of proven, reliable RPA systems, radars, and electro-optic and related mission systems, including the Predator® RPA series and the Lynx® Multi-mode Radar. With more than eight million flight hours, GA-ASI provides long-endurance, mission-capable aircraft with integrated sensor and data link systems required to deliver persistent situational awareness. The company also produces a variety of sensor control/image analysis software, offers pilot training and support services, and develops meta-material antennas.

For more information, visit www.ga-asi.com.

Avenger, Lynx, Predator, SeaGuardian, and SkyGuardian are registered trademarks of General Atomics Aeronautical Systems, Inc.

Contact Information
GA-ASI Media Relations
asi-mediarelations@ga-asi.com
+1 (858) 524-8101

SOURCE: General Atomics Aeronautical Systems, Inc.

View the original press release on newswire.com.

Copyright 2024 ACN Newswire via SeaPRwire.com.

DUBAI, Feb 19, 2024 – (ACN Newswire via SeaPRwire.com) – In Q4 2023, Headway NOVA entered the market – a new service for investing in tokenized properties. On the NOVA app, users can profit from real estate with the help of digital shares, i.e., tokens. Investments are secured by blockchain and accessible to everyone from $50.

Secured investing

Headway NOVA is an investment service developed by Headway, a licensed financial company offering a range of financial products to clients around the world.

Affordability comes from technology

NOVA aims to revolutionize investing in real estate. NOVA team takes a high-end property with options available in Dubai, UAE. Following that the property is tokenized, i.e., the company creates digital shares of this property.

Headway NOVA offers property tokens to investors starting from $50. It is the lowest investment sum the real estate market can offer today.

With NOVA, investors own the right to receive profits from a property’s long-term appreciation and rent. Users get regular dividends for their investments right in the app.

Easy, transparent, and profitable

NOVA service integrates the best of TradFi (traditional finance) and DeFi (decentralized finance) into one app:

• It is easy. The user purchases a token in the app. The investment generates profits, while responsibility for property maintenance is on the NOVA team.
• It is transparent. NOVA implements blockchain technology to achieve the maximum fairness and transparency. Every investor can find full information on the Ethereum Explorer. All operations are transparent and decentralized.
• It is profitable. Though NOVA tokens are digital, they depend on the live market price of the physical property. With NOVA tokens, investors profit from market appreciation as well as regular rental dividends. It scales up user’s profits massively.

Innovate your way to real estate

Try out investing in real estate with Headway NOVA! Learn more about the service in the video and on the official website: https://hwnova.site.

Follow the project on Facebook and Telegram.

About NOVA

Headway NOVA is a service for affordable investments in tokenized real estate accessible to all starting from $50. Install the app on the App Store and Google Play.

Contacts:
Ivan Moroz, PR Manager
i.moroz@hw.site
care@hw.site

SOURCE: Headway NOVA

Copyright 2024 ACN Newswire via SeaPRwire.com.

JAKARTA, Feb 19, 2024 – (ACN Newswire via SeaPRwire.com) – TransNusa Airline, a subsidiary of Linkasia Airlines Group and PT Panca Global International Indonesia, has rebranded itself as a Premium Service Carrier globally.

TranNusa was established in 2005 and stopped operation in 2020 due to the global pandemic. TransNusa was then sold and saw the injection of new shareholders and a new management team in 2022. The new shareholders include PT Panca Global International Indonesia (51%) and Sinagpore-based Linkasia Airlines Group Ltd (49%).

The new management team in TransNusa developed a unique business model that allowed the airline to rebrand itself as a Premium Service Carrier.

TransNusa Group Chief Executive Officer, Datuk Bernard Francis, who was instrumental to developing the airline’s customised business plan and growth path, said that TransNusa has become the fastest growing airline in South East Asia due to the business plan that was developed and implemented swiftly post Covid-19.

“Post Covid-19, we initiated an intensive market research. Based on the data obtained, we knew that traveller’s behavioural pattern had changed, specifically due to the pandemic.  Our next step was to develop a customised business model for the targeted passengers. We implemented the business model on April 14th, with the launch of our first maiden international flight,” said Datuk Bernard, adding that the airline has flown over 1 million passengers from October 2022 to December 2023.

“We want to offer our domestic and international passengers’ greater comfort and flexibility, hence the decision to rebrand ourselves globally,” Datuk Bernard said, adding that TransNusa is also the fastest growing airline to expand operation to include international routes.”

In April last year, in line with the new business model expansion plan, TransNusa expanded its reach from domestic to international with the launch of its Jakarta – Kuala Lumpur route. Subsequently in the same year, in a short span of eight months, the airline also launched 3 new routes, which were Jakarta-Singapore, Jakarta-Guangzhou and Jakarta-Johor. 

The new player with new rules, today announced that it has rebranded itself as a Premium Service Carrier in the domestic as well as international markets.

An aviation industry expert, who specializes in airline turnaround and revenue management, Datuk Bernard, said that TransNusa has increased its flight frequencies to seven times a week to Singapore, Guangzhou, Guangdong, China and Johor Baru, Malaysia.

TransNusa has also increased its flight frequencies to 21 times weekly to Kuala Lumpur, 14 times weekly to Yogyakarta and 35 times weekly to Bali.

“Last year, we expanded our operations to include international routes and even became the second Indonesian airline to fly into China. We also managed to obtain all necessary approvals in a short timeframe from world-class Changi airport, reflecting the strong commitment we have towards safety, security, maintenance and aircraft performance measures,” Datuk Bernard said, adding that TransNusa also became the first airline outside of China to commission and utilise the Comac ARJ21-700.

On the airline’s future expansion, Datuk Bernard said “We have plans to further expand our international routes and we want to assist more passengers travel with ease to their destinations,” adding that he expects TransNusa to experience a significant growth in 2024.

On the domestic front, Datuk Bernard explained that as part of its domestic growth plans, TransNusa intends to establish another domestic hub.

“For the first two quarters, we hope to expand our domestic routes as well as establish another domestic hub,” Datuk Bernard added, explaining that TransNusa will be providing its domestic market with premium services that will set it apart from Low-Cost Carriers.

“Since the take-over, TransNusa has been aggressively implementing plans that sets the airline apart from other Low-Cost Carriers through the comfort and flexibility offered as a Premium Service Carrier,” Datuk Bernard said, stressing that TransNusa’s current services exceeded that of a low-cost airline.

“For our domestic and international flights, we not only provide premium services with competitive ticket prices in comparison to other low-cost airlines, but we have attractive new product bundles called SEAT, SEAT-PLUS and FLEXI-PRO.

“Our passengers will enjoy check-in baggage of between 15kgs to 30 kgs, depending on the product purchased,” Datuk Bernard said, explaining that the baggage offering was over and above the 7kgs limit offered as a passenger’s hand carry.

“For the highest package, FLEXI-PRO, we provide more complete services such as free baggage 30kgs, free to choose seats, free food, and drinks, priority at check-in and boarding, no less interesting is passengers’ ability to be able to change the flight schedule without restrictions and obtain refund when needed.”

TransNusa, which aims to ensure their passengers travel with ease and comfort, has also configured their A320s with a 168-174 seat configuration, which allows for passengers to enjoy 30-31 inches of legroom, comparable to the experience passengers would get in a full-service airline.

“We are committed to providing affordable and competitive ticket prices, while still providing premium services to our customers.” concluded Datuk Bernard.

“We have also ensured that all our flights will be departing and arriving at only major international airports. This allows our passengers to enjoy the world-class services offered at the international terminals,” said Datuk Bernard, elaborating that TransNusa aims to offer their passengers a great experience on and off their flights.

About TransNusa

TransNusa Airline, which became a subsidiary of PT Panca Global International Indonesia (51%) and Linkasia Airlines Group Ltd (49%) in November 2021, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. The airline, which became the first outside of China to utilise Comac, received its first ARJ21 on 22nd December, 2022.  In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport. The airline currently flies to Yogyakarta and Bali. On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur and Johor. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model. Passengers can book their flights on the TransNusa website ( www.transnusa.co.id ), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline’s customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 while for the Malaysian market, passengers can contact MKM Ticketing Travel & Tours Sdn Bhd at +60378312581.

Media Contact
Trina Thomas Raj
Mobile: +6012 4992672
E-mail: trina@myqaseh.org

Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, MALAYSIA, Feb 19, 2024 – (ACN Newswire via SeaPRwire.com) – foundit (formerly Monster APAC & ME), a leading talent platform, today announced the launch of Triumph 2024,  groundbreaking virtual career fair for Diversity set to take place in Malaysia. This unique event is designed to foster diversity by bringing together a wide array of talents and opportunities in a virtual space. Building on the success of its previous editions in India, the event aims to promote and enable diversity in recruitment, hosting hundreds of job opportunities for women, , and Persons with Disalities (PwD). This three-day virtual career fair will connect job seekers with leading organisations across several functions and industries. The event is scheduled to happen from March 5 to 7 this year, and it is targeted at curating a large pool that serves as a platform for employers to network with diverse talent.

Triumph 2024 is a multi-faceted event that aims to empower job seekers by focusing on hiring talent for high-demand job functions in the IT, Banking & Financial Services, Finance & Accounting, Customer Service, Tech, Sales, and HR & Admin sectors. It will build a diverse workforce by bringing together diverse communities, opening doors to unique career paths, breaking barriers, and contributing to creating inclusive workplaces through captivating speaker sessions, webinars, , pre-placement talks, and enlightening knowledge sessions. The three-day event has specific themes for both job seekers and organisations. The various themes include women in leadership, diversity from an organisation’s lens, hearing it from the industry experts/ towards inclusion at the workplace and building networks. Furthermore, distinguished guest speakers will also be sharing their insights and expertise across segments.

Sekhar Garisa, CEO of foundit, expressed his pride in launching Triumph SEA, stating, “Leading the introduction of Triumph 2024 into the SEA market, I’m thrilled to share our firm commitment to reshaping the employment landscape. Diversity is at the core of innovation, and at foundit, we are dedicated to creating a fair and inclusive professional environment. Triumph 2024, our three-day career fair, embodies this commitment by providing tailored opportunities for women and candidates with disabilities. It goes beyond connecting job seekers with forward-thinking employers; it’s about forging pathways to fulfilling careers and fostering genuinely inclusive workplaces. With strong support from our partners and communities, we’re set to make a positive impact and bridge employment gaps.”

Building a diverse workforce is a significant part of any organisation today. Following the rebranding from Monster to foundit, the company’s key focus, has been on building a broader talent base across multiple geographies.  Given foundit’s unparalleled reach in SEA, foundit aspires to attract over 50K35K+ registrations and foster engagement with around 2.4 million+ existing women profiles. The highlight of conducting Triumph in Malaysia is to ensure more women participate and be a part of the workforce. In Malaysia, many factors influence women’s access to employment and economic opportunities, ranging from social standards to underlying economic conditions. To increase the employment rate of women, the Malaysian government has already started giving subsidies and incentives to support a more equitable and inclusive world of work for women. The government has also made necessary amendments to the country’s employment act, which ensures equity in the workforce.

In the dynamic job market of 2023, there has been a noteworthy 48% surge in job opportunities for women as compared to the preceding year, 2022. This rise in job opportunities not only underscores a commitment to diversity and equality but also signals a growing awareness among employers about the value of building teams with a rich mix of backgrounds, experiences, and perspectives. The 48% increase reflects a proactive effort by organisations to tap into a broader talent pool, ensuring that opportunities are accessible to individuals from various demographic and cultural backgrounds.

The last edition of Triumph in India in 2023 garnered immense success, with nearly 1.5 Lakh professionals registering for the D & I virtual career fair, out of which over 90% of candidates applied to multiple job opportunities, and overall, Triumph 3.0 witnessed a remarkable 725% surge in job applications.

Registrations for Triumph SEA are now open, and interested candidates can register for free at link.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 90 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches, and precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf, Visit:  www.foundit.com.ph  | www.foundit.my | https://www.foundit.in|https://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.hk | https://www.foundit.id

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Copyright 2024 ACN Newswire via SeaPRwire.com.

Manila, Philippines, Feb 19, 2024 – (ACN Newswire via SeaPRwire.com) – foundit (formerly Monster APAC & ME), a leading talent platform, today announced the launch of Triumph 2024, a diversity and inclusion virtual career fair to be held in the Philippines. Building on the success of its previous editions in India, the event aims to promote and enable diversity in recruitment, hosting hundreds of job opportunities for women, LGBTQIA+ individuals, and Persons with Disabilities (PwD). This three-day virtual career fair will connect job seekers with leading organizations across several functions and industries. The event is scheduled to happen from March 5 to 7 this year, and it is targeted at curating a large D&I pool that serves as a platform for employers to network with diverse talent.

Triumph 2024 is a multi-faceted event that aims to empower job seekers by focusing on hiring talent for high-demand job functions in the IT, Banking & Financial Services, Finance & Accounting, Customer Service, Tech, Sales, and HR & Admin sectors. It will bring together diverse communities, opening doors to unique career paths, breaking barriers, and contributing to creating inclusive workplaces through captivating speaker sessions, webinars, pre-placement talks, and enlightening knowledge sessions. The three-day event has specific themes for both job seekers and organizations. The various themes include women in leadership, diversity from an organization’s lens, and hearing it from the industry experts towards inclusion at the workplace and building networks. Furthermore, distinguished guest speakers will also be sharing their insights and expertise across segments.

Sekhar Garisa, CEO of foundit, expressed his pride in launching Triumph SEA, stating, “Leading the introduction of Triumph 2024 into the SEA market, I’m thrilled to share our firm commitment to reshaping the employment landscape. Diversity is at the core of innovation, and at foundit, we are dedicated to creating a fair and inclusive professional environment. Triumph 2024, our three-day career fair, embodies this commitment by providing tailored opportunities for women and candidates with disabilities. It goes beyond connecting job seekers with forward-thinking employers; it’s about forging pathways to fulfilling careers and fostering genuinely inclusive workplaces. With strong support from our partners and communities, we’re set to make a positive impact and bridge employment gaps.”

Building a diverse workforce is a significant part of any organization today. Following the rebranding from Monster to foundit, the company’s key focus has been on building a broader talent base across multiple geographies. Given foundit’s unparalleled reach in SEA, foundit aspires to attract over 50K registrations and foster engagement with around 2.4 million+ existing women profiles.The event, with its customized possibilities, resources, and assistance, will open the door to a more egalitarian and diverse society. It goes beyond a virtual employment fair with the goal of giving job seekers a life-changing experience by bringing attention to the abilities that can lead to fulfilling career opportunities. Additionally, the event will raise awareness and promote a diverse and inclusive work environment at the hiring firms. In the dynamic job market of 2023, there has been a noteworthy 29% surge in job opportunities for D&I workforce as compared to the preceding year, 2022. This rise in job opportunities not only underscores a commitment to diversity and equality but also signals a growing awareness among employers about the value of building teams with a rich mix of backgrounds, experiences, and perspectives. The 29% increase reflects a proactive effort by organizations to tap into a broader talent pool, ensuring that opportunities are accessible to individuals from various demographic and cultural backgrounds.

The last edition of Triumph in India in 2023 garnered immense success, with nearly 1.5 Lakh professionals registering for the D & I virtual career fair, out of which over 90% of candidates applied to multiple job opportunities, and overall, Triumph 3.0 witnessed a remarkable 725% surge in job applications.

Registrations for Triumph SEA are now open, and interested candidates can register for free at link.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 90 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches, and precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf, Visit:  www.foundit.com.ph  | www.foundit.my | https://www.foundit.in|https://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.hk | https://www.foundit.id

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Feb 19, 2024 – (ACN Newswire via SeaPRwire.com) – foundit (formerly Monster APAC & ME), a leading talent platform, today announced the launch of Triumph 2024, a diversity and inclusion virtual career fair in Singapore. Building on the success of its previous editions in India, the event aims to promote and enable diversity in recruitment, hosting hundreds of job opportunities for diverse workforce. This three-day virtual career fair will connect job seekers with leading organizations across several functions and industries. The event is scheduled to happen from March 5 to 7 this year, and it is targeted at curating a large D&I pool that serves as a platform for employers to network with diverse talent.

Triumph 2024 is a multi-faceted event that aims to empower job seekers by focusing on hiring talent for high-demand job functions in the IT, Banking & Financial Services, Finance & Accounting, Customer Service, Tech, Sales, and HR & Admin sectors. It will bring together diverse communities, opening doors to unique career paths, breaking barriers, and contributing to creating inclusive workplaces through captivating speaker sessions, webinars, , pre-placement talks, and enlightening knowledge sessions. The three-day event has specific themes for both job seekers and organisations. The various themes include women in leadership, diversity from an organization’s lens, and hearing it from the industry experts towards inclusion at the workplace and building networks. Furthermore, distinguished guest speakers will also be sharing their insights and expertise across segments.

Sekhar Garisa, CEO of foundit, expressed his pride in launching Triumph SEA, stating,  “Leading the introduction of Triumph 2024 into the SEA market, I’m thrilled to share our firm commitment to reshaping the employment landscape. Diversity is at the core of innovation, and at foundit, we are dedicated to creating a fair and inclusive professional environment. Triumph 2024, our three-day career fair, embodies this commitment by providing tailored opportunities for women and candidates with disabilities. It goes beyond connecting job seekers with forward-thinking employers; it’s about forging pathways to fulfilling careers and fostering genuinely inclusive workplaces. With strong support from our partners and communities, we’re set to make a positive impact and bridge employment gaps.”

Building a diverse workforce is a significant part of any organization today. Following the rebranding from Monster to foundit, the company’s key focus has been building a broader talent base across multiple geographies. Given foundit’s unparalleled reach in SEA, foundit aspires  to attract over 50K registrations,  and foster engagement with around 2.4 million existing women profiles . The highlight of conducting Triumph in Singapore is to ensure more women participate and be a part of the workforce. In the dynamic job market of 2023, there has been a noteworthy 25% surge in job opportunities specifically for individuals within the diverse talent pool, reflecting a positive shift towards greater inclusivity and recognition of the unique skills and perspectives that diverse candidates bring to the workforce. In Singapore, many factors, ranging from social standards to underlying economic conditions, influence women’s access to employment and economic opportunities. To increase the employment rate of women, the Singapore government has already started initiatives and programs focused on nurturing and supporting women’s talent. Be it the creation of an entrepreneur network, mentorship programs, or women returning to work initiatives, it’s necessary to welcome women’s empowerment and embrace equity in the workforce. The 25% increase reflects a proactive effort by organisations to tap into a broader talent pool, ensuring that opportunities are accessible to individuals from various demographic and cultural backgrounds.

The last edition of Triumph in India in 2023 garnered immense success, with nearly 1.5 Lakh professionals registering for the D & I virtual career fair, out of which over 90% of candidates applied to multiple job opportunities, and overall, Triumph 3.0 witnessed a remarkable 725% surge in job applications.

Registrations for Triumph SEA are now open, and interested candidates can register for free at link.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 90 million regitered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches, and precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf, Visit:  www.foundit.com.ph  | www.foundit.my | https://www.foundit.in|https://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.hk | https://www.foundit.id

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, Feb 19, 2024 – (ACN Newswire via SeaPRwire.com) – Bursa Malaysia listed Mercury Securities Group Berhad (“Mercury Securities” or “Company”; Stock Code 0285), announced the launch of their newest venture, Mercury Gold, which aims to empower both seasoned investors and newcomers to participate in the precious metals market.

Mercury Gold offers physical bullion for purchase as well as Mercury Bullion Savings, a program where customers can buy, sell and accumulate bullion by the gram. With live pricing, a transparent fee structure, and a user-friendly interface, gold and silver investment has never been easier.

The management team of Mercury Securities said, “In the past few years, we have seen gold prices rise as more people look to gold as a safe haven and tangible store of value in uncertain times. As demand increases, we want to provide Malaysians with a transparent and secure platform to buy, sell and save precious metals to diversify their investments. The flexibility to invest in physical bullion or in Mercury Bullion Savings, accumulating grams of gold or silver over time, will allow everyone to participate in this thriving market.”

Mercury Gold Bullion

Mercury Gold’s bullion is sourced from renowned global mints PAMP Suisse and other sovereign mints from the United States, Canada and Australia. All are certified by the London Bullion Market Association (LBMA), the global authority for precious metals. Individual bullion bars in various sizes and government-minted legal tender coins are available for sale.

Mercury Bullion Savings Program (MBS)

In addition, Mercury Gold is proud to introduce Mercury Bullion Savings (MBS) Program, which is an easy, safe and cost-effective way to invest and own gold and silver bullion. Via MBS, customers may buy as little as RM50 of gold per transaction, and all customer holdings are fully backed by physical bullion. Savers in the program can sell their bullion holdings at any time or convert their holdings into LBMA-certified gold or silver bars with zero conversion fees, upon reaching a savings threshold.

To learn more about Mercury Gold and open an account, go to: Mercury Gold. Follow Mercury Gold on social media: Instagram, Facebook and TikTok.

Copyright 2024 ACN Newswire via SeaPRwire.com.

Brisbane, Queensland, Australia–(ACN Newswire via SeaPRwire.com – February 14, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company“) provides the latest progress update on its Graphene Aluminium-Ion Battery technology (“G+AI Battery“) being developed by GMG and the University of Queensland (“UQ“).

The Company is pleased to announce that it has identified minimal temperature rise when charging and discharging GMG’s Graphene Aluminium-Ion Battery. This is observed when charging and discharging multiple times at high C- rates (C rate measures the current in a which a battery can be charged or discharged, eg. 1 C rate the battery should be able to be fully discharged in 1 hour). As shown in Figure 1, the temperature of a high-quality lithium-ion battery, produced by a world leading brand, can exceed 60 degrees Celsius when being discharged at the maximum current allowed (4.8 C-rate – an estimated 0.8 A/g on the cathode active material mass). By comparison, GMG’s Graphene Aluminium-Ion Battery temperature is 29 degrees Celsius when it is discharged at even higher current density (20 C-rate – approximately 2.0 A/g on the cathode active mass). The temperatures of both batteries were taken with the room temperature at 23.5 degrees Celsius (+/- 0.5 degrees Celsius).

Figure 1: Thermal Image of Lithium-Ion Battery (left) with Thermal Image of Graphene Aluminium-Ion Battery (right)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/197885_6af50fb874a9984b_001full.jpg

The Company intends to validate with further testing the possibility that its battery may not need thermal management, even at high charge and discharge rates. This creates the potential for significant cost reduction at the system level and highly reduced system cost.

– GMG’s Graphene Aluminium-Ion Battery may not need a thermal management system when used in an electric vehicle battery pack or an energy storage system, which will lead to a simpler, more cost effective and higher energy density battery pack. Most Lithium-Ion Battery Packs require a thermal management system, such as the one shown in Figure 2 below.

Figure 2: A typical Lithium-Ion Battery thermal management system¹

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/197885_6af50fb874a9984b_002full.jpg

– The elimination of thermal management can potentially reduce the weight of an electric vehicle battery pack by up to 16%. For example, the thermal management system of a Lithium-Ion Battery Pack can weigh up to 80 kg out of a total of 480 kg. Such a weight reduction achieved through the elimination of thermal management translates into more energy volumetrically (approximately 10%), as well as vehicle mass reduction for more range. Additional range improvements could be expected to come from no thermal management parasitic drain on the battery during operation.

– Furthermore, because GMG’s Graphene Aluminium-Ion Battery has no combustible volatile organic materials, it is more resilient to the risk of chemical fires, such as those that have occurred with Lithium-Ion Batteries.

Battery Technology Readiness Level

The battery technology readiness level (“BTRL”) of the Graphene Aluminium-Ion technology remains at Level 4 (see Figure 4). GMG is currently optimizing electrochemical behaviour for pouch cells via ongoing laboratory experimentation. When GMG commissions its Pilot Plant, it is anticipated that the Company’s battery technology will progress to BTRL 7 and 8 since the equipment and process to make the Graphene Aluminium-Ion batteries are the same as those used to make Lithium Ion Batteries.

Figure 3: Battery Technology Readiness Level

Source: “The Battery Component Readiness Level (BC-RL) Framework:
A technology-specific development framework”, Matthew Greenwood et al.

To view an enhanced version of this graphic, please visit:
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Next Steps Toward Commercialisation & Market Applications

The Company continues to see a broad range of applications for a completed GMG Graphene Aluminium Ion Battery – utilising its ultra-high power-density and nominal energy density characteristics. Along with Rio Tinto, a range of global companies have confidentially expressed their interest in working with GMG in the following vertical sectors:

To view an enhanced version of this graphic, please visit:
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Next Generation Battery Performance

GMG’s next generation Graphene Aluminium Ion Battery performance data (as tested and calculated on coin cells), as compared to the most commonly available lithium-ion batteries, is shown below in Figure 5, with a list of its beneficial characteristics.

Performance results for the pouch cells could be significantly different and will be communicated upon successfully producing a repeatable and fully 3^rd party tested 1000 mAh+ battery pouch cell.

Figure 4: Graphene Aluminium Ion Battery Comparative Performance Data (for coin cells)

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About GMG

GMG is a disruptive Australian-based clean-tech company listed on the TSXV (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company’s proprietary process, GMG can produce high quality, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets. The Company is pursuing additional opportunities for GMG Graphene, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance of lubricant oil and performance enhanced HVAC-R coating system.

GMG’s 4 critical business objectives are:

1. Produce Graphene and improve/scale cell production processes
2. Build Revenue from Energy Savings Products
3. Develop Next-Generation Battery
4. Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

• Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
• Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

www.graphenemg.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the development of the Company’s pouch cell battery, the relative safety and performance of the G+AI Battery compared to lithium-ion batteries, the ability of the G+AI Battery to be used in an electric vehicle battery pack without the need for a cooling system and the potential benefits therefrom, the Company’s focus on making a repeatable 1000 mAh pouch cell and the expected timing of producing a repeatable 1000 mAh pouch cell, that the Company will review the investment decision to procure and install an automated pouch cell battery pilot plant in its Richlands Australia facility and the potential to build a commercial factory if the pilot plant and customer trials are successful, the timing of customer testing for an 1000 mAh pouch cell, the ongoing optimization of the pouch cell, and the potential applications for the G+AI Battery.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to the relative safety of the G+AI Battery when compared to lithium ion batteries, that the G+AI Battery could be used in an electric vehicle battery pack without a cooling system, that the G+AI Battery has a lower risk of chemical fire than lithium ion batteries due to the difference in material, that the Company’s focus will remain on making a repeatable 1000 mAh pouch cell, that the Company will be successful in creating a repeatable 1000 mAh pouch cell and will achieve this in the first half of 2024, that the Company will review the investment decision to procure and install an automated pouch cell battery pilot plant in its Richlands Australia facility, that the Company may build a commercial factory if the pilot plant and customer trials are successful, that the Company will optimize electrochemical behaviour for pouch cells via ongoing laboratory experimentation, that the Company will communicate performance data following the successful production of a 1000 mAh pouch cell. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the G+AI Battery will not be as safe or perform as well as lithium ion batteries, that the G+AI Battery will not be able to be used in an electric vehicle battery pack without a cooling system, that the G+AI Battery does not have a lower risk of chemical fires than a lithium ion battery, that the Company will change its focus away from creating a repeatable 1000 mAh pouch cell, that the Company will not be successful in developing a repeatable 1000 mAh pouch cell on the expected timeline, if at all, that the Company will choose not to proceed with a pilot plant, that the Company will not proceed to customer testing, that the Company will not build a commercial factory even if the pilot plant and customer trials are successful, that the Company will be unable to optimize the electrochemical behaviour of the pouch cell though laboratory experimentation or at all, that the Company will not communicate the performance data of a 1000 mAh cell if it is achieved, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 12, 2023 available for review on the Company’s profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

^[1] “A Real-Time Battery Thermal Management Strategy for Connected and Automated Hybrid Electric Vehicles (CAHEVs) Based on Iterative Dynamic Programming”, 6 June 2018, Chong Zhu et al.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/197885

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West Palm Beach, FL, Feb 15, 2024 – (ACN Newswire via SeaPRwire.com) – U.S. Polo Assn., the official brand of the United States Polo Association (USPA), was excited to sponsor Sports Illustrated: SI The Party Presented by Captain Morgan with VIP-driven experiences and iconic performances at Wynn Las Vegas’ famed XS Nightclub. Headlined by The Chainsmokers, Kygo, and other special guests, SI The Party featured one of the Big Game weekend’s most buzzed-about lineups ever.

The multi-billion-dollar global U.S. Polo Assn. brand presented exciting, sport-inspired activations at the party, as well as co-branded staff apparel and accessories with the iconic double horsemen logo, and party giveaways like hats and buttons. One of the most exciting activations was a beautiful, life-size, 3-D photobooth backdrop featuring the best images from championship polo games, where fans and celebs alike had fun posing with polo props as if they were competing on the polo field themselves.

It was a packed house at XS Nightclub filled with global influencers and some of the world’s biggest celebrities like Kim Kardashian, Kendall Jenner, Justin and Hailey Bieber, Brittany Mahomes, Miles Teller, Trevor Lawrence, Tiffany Haddish, Dylan Sprouse and DIPLO, as well as sports icons such as Brooks Koepka, Aly Raisman, Tony Parker, and many more – all showing up to party with U.S. Polo Assn.

“U.S. Polo Assn. was thrilled to be part of such an iconic party this year to celebrate the Big Game in Las Vegas and to partner again with Sports Illustrated as we did previously on the SI Sports Awards,” said J. Michael Prince, President and CEO of USPA Global, the company that manages and oversees the U.S. Polo Assn. brand. “As a sport-inspired, global brand, this partnership for the Big Game is one that’s a great match with the DNA of U.S. Polo Assn.”

Produced by Authentic Entertainment and Medium Rare, the sports and music spectacle brought musical performances and immersive activations and an ultra-luxe, VIP experience to fans in Vegas for the Big Game. XS Nightclub at Wynn Las Vegas, one of the most exclusive and top-rated nightclubs in the world, was reimagined with enhanced production and oversized activations for all attendees to enjoy.

“It was a blast seeing the crowd enjoy our sport-focused U.S. Polo Assn. activations, wear our iconic brand, participate in the VIP experience and party to The Chainsmokers and Kygo,” added Stefanie Coroalles, Vice President of Global Brand Marketing for USPA Global.

Sports Illustrated is synonymous with the celebration of sports; fans around the world and SI The Party was no exception. The star-studded event to celebrate the Big Game Weekend invited fans to mingle with the who’s who of the sports and entertainment worlds.

“SI, Authentic Brands and Medium Rare are thankful to have U.S. Polo Assn. on board as our generous sponsor this year, for the very first time,” said Tatum Mannion, Executive Director of Partnerships, Medium Rare. “It’s fantastic to have another industry-leading sports partner that has the same goal as we do, to inspire fans and consumers to enjoy the fusion of sports, music and entertainment in one of the most exciting locations in the world, as we revved up for an incredible Big Game Weekend in Las Vegas this year.”

About U.S. Polo Assn.

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country’s oldest sport governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through over 1,200 U.S. Polo Assn. retail stores, as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of households globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing and digital presence. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Modern Retail and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.

About Sports Illustrated

Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams, and fans worldwide. SI’s award-winning media enterprise brings powerful storytelling to life across platforms ranging from Emmy-winning video to the monthly print magazine with a 60-year heritage. Sports Illustrated also shares its unique and authentic perspective year-round through marquee events, immersive activations, long-form television, film, and audio content as well as select lifestyle products. For more information, visit SI.com. Follow Sports Illustrated on Twitter, Instagram, and Facebook.

About Medium Rare

Lauded events, experiential, and management company, Medium Rare works at the intersection of Sports & Entertainment, partnering with well-known athletes and brands to create iconic media properties. The group’s world-class production is balanced by its growing management division, overseeing careers, tours, and partnership deals for some of the most celebrated artists and athletes. For more info, visit www.Medium-Rare.com

Contact Information
Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Shannon Stilson
VP, Sports Marketing & Media
sstilson@uspagl.com
+001.561.227.6994

SOURCE: USPA Global Licensing Inc.

View the original press release on newswire.com.

Copyright 2024 ACN Newswire via SeaPRwire.com.

CAIRO, Feb 15, 2024 – (ACN Newswire via SeaPRwire.com) – The Egyptian Businessmen’s Association (EBA) convened a symposium on February 9, chaired by Engineer Majd al-Din al-Manzalawi, Secretary-General and Chairman of the Association’s Industry and Scientific Research Committee, to address the challenges and opportunities presented by the Carbon Border Adjustment Mechanism (CBAM), a law governing manufacturing standards for Egyptian exporters.

The symposium invited Mr Wassim Merheby, CEO of Verofax and a technology and AI (artificial intelligence) expert, along with Dr. Hossam Ezz al-Din, Director General of the Industrial Pollution Control Program at the Ministry of Environment, and several heads of specialized committees, to focus on the urgent need for Egyptian exports to align with the green economy principles outlined in the CBAM law. 

The discussion emphasized the imperative for Egyptian exports to adhere to the green economy principles outlined in the CBAM law. Key topics included the integration of automated quality data, aggregated across supply chains to streamline compliance processes, access to finance opportunities with prominent European institutions, and enhancing industry performance to support a sustainable economy in Egypt.

Merheby highlighted the timeline for compliance, noting that registration for the new EU export regulations system would commence on January 1, 2025, with full implementation scheduled for January 2026. Merheby urged Egyptian factories to adapt promptly to the new international legislation, to avoid export bans and hefty tariffs of up to 35%.

The symposium underscored the importance of automating the processes in exporting factories to efficiently meet carbon footprint standards, thereby enabling Egyptian exporters to provide high-quality and validated data. This automation is made possible through Verofax’s comprehensive Lifecycle Assessment Solution, which integrates over 130 systems, ensuring seamless verification of recycled goods, emission reductions, and quality data aggregation for exports to the EU.

Hossam Ezz El-Din, Director General of the Industrial Pollution Reduction Program at the Ministry of Environment, outlined the program’s objective to incentivize industries to adopt environmentally compliant and sustainable practices through finance packages of loans and grants, funded by the European Union.

El-Din elaborated on available financing programs, detailing two types of program: loans, and grants. The Central Bank of Egypt has directed these programs to local banks, including the Ibad program, valued at 135 million euros and expected to conclude by the end of the year. Additionally, a new program named Green, valued at 268 million euros, will commence in 2025, offering a grace period of one to two years and repayment over 5 years. This program also allows borrowing in foreign currency and repayment in Egyptian pounds.

The symposium concluded with a call for continued collaboration among government bodies, financing institutions, and industries to facilitate smooth transition towards environmentally compliant production practices, thereby ensuring Egypt’s competitiveness in international markets.

YouTube: https://youtu.be/i88vJzpjPsM
source: Symposium on Carbon Tax – Egyptian Businessmen’s Association discusses the importance of technology in factory compatibility with EU export requirements; Elmahrousa News, February 9th, 2024.

About Verofax

Verofax is a blockchain-enabled Asset Digitization & Traceability Solution provider, assisting various industries in automating data validation for EU commodity exporters, integrating a Lifecycle Assessment Solution that automates data aggregation across supply chains for seamless EU Carbon Border Compliance. Integrated with Microsoft IoT hub, validated on Azure Cloud, and in compliance with ISO 14064/14067. Our patented computer vision prevents double counting, and our digital passport on an immutable ledger enables validated data for smooth exports to the EU. Learn more about our automated Lifecycle Assessment Solution at www.verofax.com, or contact us at info@verofax.com.

About Egyptian Businessmen’s Association (EBA)

The Egyptian Businessmen’s Association (EBA) is a leading organization dedicated to advancing economic development, entrepreneurship, and sustainable business practices in Egypt. With a diverse membership representing various industries, the EBA catalyzes innovation, advocacy, and partnership-building to drive inclusive growth and prosperity. Visit www.eba.org.eg.

For media inquiries:
Wassim Merheby, CEO, Verofax
Email: info@verofax.com

Copyright 2024 ACN Newswire via SeaPRwire.com.

CAIRO, Feb 15, 2024 – (ACN Newswire via SeaPRwire.com) – The Egyptian Businessmen Association held a public symposium headed by Engineer Majd al-Din al-Manzalawi, Secretary-General and Chairman of the Association’s Industry and Scientific Research Committee, a meeting with Wassim Merheby, an expert in the field of technology and artificial intelligence, and in the presence of Dr. Hossam Ezz al-Din, Director General of the Industrial Pollution Control Program at the Ministry of Environment, and with the participation of a number of heads. The association’s specialized committees include Engineer Mustafa Al-Najari, Chairman of the Agriculture and Irrigation Committee, Dr. Mohamed Hilal, Chairman of the Energy Committee, Hussein Lotfy, Chairman of the Environment Committee, and a number of deputy chairmen of the committees, and members of the association who work in the industrial, agricultural, and export sectors. 

Discussions at the symposium centered on the requirements outlined in the Carbon Border Adjustment Mechanism (CBAM) law, emphasizing the urgent need for Egyptian exports to align with green economy principles. Key topics included the integration of automated quality data aggregation across supply chains to streamline compliance processes, accessing financing opportunities from leading European institutions, and enhancing industry performance to support a sustainable economy in Egypt. 

Highlighting the timeline for compliance, Wassim Merheby, CEO of Verofax, announced that the new system for exporting to the European market would commence registration on January 1, 2025, with full implementation slated for January 2026. He urged Egyptian factories to swiftly adapt to the new international legislation to avoid export bans and 35% hefty tariffs. 

The symposium also shed light on the importance of automating compliance processes for exporting factories to meet carbon footprint standards efficiently, giving Egyptian exporters the confidence to deliver high-quality and validated data ensuring long-term partnerships with the EU. This automation is facilitated through a comprehensive lifecycle assessment solution integrating with over 130 systems, ensuring seamless verification of recycled goods, emissions reduction, and quality data aggregation for seamless exports to the EU.  

Hossam Ezz El-Din, Director General of the Industrial Pollution Reduction Program at the Ministry of Environment outlined the program’s aim to incentivize industries to adopt environmentally compliant and sustainable practices through financing packages of loans and grants, funded by the European Union. 

Elaborating on the financing programs available, El-Din detailed the two types of programs, loans and grants, which the Central Bank of Egypt directed to local banks, including the Ibad program, which has a value of 135 million euros and will be completed at the end of this year, while the new program is called Green and will start in 2025. Its size is 268 million euros, and a period of allowance of one to two years, and repayment over 5 years. It also allows borrowing in foreign currency and repayment in Egyptian pounds.  

The symposium concluded with a call for continued collaboration between government bodies, financing institutions, and industries to facilitate a smooth transition towards environmentally compatible production practices and ensure Egypt’s competitiveness in international markets   

Based on: In a symposium on the impact of the carbon tax: the Egyptian Businessmen Association discusses the importance of technology in the compatibility of factories with export requirements to Europe, Elmahrousa News, retrieved on February 9th, 2024 

About Verofax 

Verofax is a blockchain-enabled Asset Digitization and Traceability solution provider helping industries automate data validation of their commodity exports to the EU. By integrating a lifecycle assessment solution that automates data aggregation across supply chains for seamless EU Carbon Border Compliance. Integrated with Microsoft IoT hub, validated on Azure Cloud and in compliance with the ISO 14064 /14067. Our patent computer vision prevents double counting and our digital passport on an immutable Ledger enables validated data for smooth exports to the EU. 

Learn more about the automated lifecycle assessment solution at info@verofax.com. Visit Verofax at www.verofax.com 

About Egyptian Businessmen Association

The Egyptian Businessmen Association (EBA) is a leading organization dedicated to advancing economic development, entrepreneurship, and sustainable business practices in Egypt. With a diverse membership representing various industries, the EBA serves as a catalyst for innovation, advocacy, and partnership-building to drive inclusive growth and prosperity.

Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Feb 15, 2024 – (ACN Newswire via SeaPRwire.com) – Smart IMS Inc., leader in Managed Services and Unified Communications, announced today that it has completed the acquisition of Hong Kong-based global IT service provider IT Consulting Solutions (ITCS Group). Smart IMS has acquired ITCS operations in Hong Kong, Singapore, Japan and Australia to strengthen its position in provisioning infrastructure management, virtualization, digital transformation services, and IT-managed services to a large client base in the Asia Pacific region.

Smart IMS Acquires ITCS Operations in Japan, Hong Kong, Singapore & Australia

“We are excited to welcome ITCS Group to the Smart IMS family,” said Nagesh Gouravaram, COO of Smart IMS. “This was a thoughtful strategic move for our organization not only to expand its horizons and deepen its industry expertise but also to go further to connect with a larger customer base in the Asia Pacific region.”

With its wide and strong customer base in the Asia Pacific region, ITCS Group has acquired deep industry experience by catering to clients in the areas of virtualization, data center management, consulting and professional services.

“By integrating ITCS expertise and market presence, we are expanding our portfolio and solidifying our commitment to enable enterprise efficiency with assured outcomes,” said Drushti Modukuru, Vice President, Smart IMS Inc. Asia Pacific.

The acquisition of ITCS Group is a significant milestone in Smart IMS’s digital transformation and infrastructure managed service operation growth. With the expertise and resources of both companies, Smart IMS is poised to provide comprehensive and innovative technology solutions to its banking, financial services, insurance, life sciences, government, non-profit and healthcare customers. With its globally distributed teams, 24×7 control and command centers, Smart IMS provides a “Follow the Sun” managed service model and localized services to its clients.

The acquisition was supported by the Financial Services Advisory team of Mazars in Singapore. “Among the numerous parties from all over the world who expressed interest in ITCS, Smart IMS was the most suitable buyer and we are confident that Smart IMS will take ITCS to new heights with its global presence and diverse suite of services,” said Gavyn Ng and Ellyn Tan, partners of the Financial Services Advisory team at Mazars, Singapore.

About Smart IMS Inc.

Headquartered in Plainsboro, New Jersey, Smart IMS Inc. provides Application & Infrastructure Management Services, Unified Communications, Digital & Cloud technology solutions, Life Sciences and Insurance services to its customers in the Americas, Europe, Middle East, and Asia-Pacific. Smart IMS, a Microsoft Gold Certified Partner, Oracle Platinum Partner, AWS MSP Partner, and Salesforce Partner, is a trusted technology and business partner delivering technology-enabled solutions to help companies grow their businesses and compete globally.

Visit Us – www.SmartIMS.com

Stay Connected – https://in.linkedin.com/company/smart-ims

Contact Information
Shailya Varma
General Manager Marketing
shailya.varma@smartims.com
Contact us at: +1 609-955-3030

SOURCE: Smart IMS

View the original press release on newswire.com.

Copyright 2024 ACN Newswire via SeaPRwire.com.

ROAD TOWN, United British Virgin Islands, Feb 14, 2024 – (ACN Newswire via SeaPRwire.com) – LBank Exchange, a premier global digital asset trading platform, has announced the listing of ORIS (Oris) on February 14, 2024. Users of LBank Exchange can brace themselves for the ORIS/USDT trading pair, which will go live at 7:00 UTC on the slated date.

Empowering the Metaverse and the Real World alike

The Oris project is a bridge and the fuel between the ecosystem of blockchains and real-world usage. The Oris ecosystem combines projects of different industries like Digital Gaming, eCommerce and NFTs and establishes its own Metaverse. Each of them uses the ORIS utility token in their own way, for example, via staking, as a payment solution, for a rewarding system, or to enable unique content. ORIS’s success comes with the success of its ecosystem projects.

ORIS Tokenomics

The ORIS token is an ERC-20 token deployed on the Polygon network. Born in Q4 2023, ORIS powers the entire ecosystem and will be the sole form of currency within the company platforms other than adoption at partner businesses and third-party integrations. Tokens that are burnt are permanently removed from circulation, reducing the circulating and total supply. 4% of quarterly profit margins from the ecosystem platforms after their successful launches will be burnt. Frequent and large investors and early believers will be incentivised with ORIS Tokens. To encourage new users to join the momentum and grow the user base, bonus tokens will be provided to the users. To become a whale holder, a user must hold 1,000,000 ORIS Tokens for at least the specified time. Whale holders will receive many benefits such as royalty and a share in the allocated whale holder tokens. ORIS is more than just a token, it’s a comprehensive ecosystem with a clear vision for the future. Its tokenomics strategy, community engagement, and innovative approach to technology make it an exciting project to watch. As ORIS continues to evolve and expand its reach, it has the potential to leave a lasting mark on the world of cryptocurrency and beyond.

About Oris

Oris is a diverse ecosystem merging projects from various industries such as digital gaming, eCommerce, NFTs and creating its own Metaverse. The ORIS token plays a pivotal role across these projects, serving multiple functions including staking, payments, rewards, and unlocking exclusive content.

Press contact

tech@oriscoin.com 

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

Press contact

press@lbank.com

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

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KUALA LUMPUR, Feb 13, 2024 – (ACN/NewsVoir) – Oravel Stays Ltd which operates travel tech brand OYO reported that it has doubled its profit after tax (PAT) sequentially in Q3 FY24 to ~INR 30 crore. The company had marked its maiden profitable quarter with a PAT of over ~INR 16 crore in Q2 FY24. OYO’s Founder & CEO, Ritesh Agarwal, during an employee townhall shared the update about this two-fold surge in profit. He said, “In the upcoming quarters, we anticipate a consistent rise in PAT, driven by enhanced patron confidence, improved customer experience (Cx), and favourable market conditions conducive to sustained growth.”

He also shared that the company clocked Adjusted EBITDA of ~INR 750 cr / $90mn in 2023 and expects to clock Adj EBITDA of ~INR 1000 cr / $120 mn in FY24, surpassing its earlier projected Adj EBITDA estimate of INR 800 cr for FY2024.

OYO’s revenue also grew by ~10% Y-o-Y in Q3 FY24. Agarwal also shared that OYO saw a ~27% increase in the number of hotels on its platform to 17K, over the last year. The company optimised its operating cost by 15% in Q3 FY24 vs same period. The company last filed its Annual Accounts for FY2023 and these updates are unaudited.

OYO recently concluded a debt buyback of INR 1620 crores. The back process involved the repurchase of 30% of OYO’s outstanding TLB due June 2026. Sources close to the transaction have indicated that OYO’s decision to retire debt reflects its commitment to reducing financial leverage and underlines the company’s robust financial performance. The company achieved operational profitability in FY2023 with an Adj. EBITDA of ~INR 275 crores, plans to fund future growth and expansion through its earnings.

Global credit rating agencies Fitch & Moody’s have termed OYO’s move to repurchase its outstanding debt as positive. Fitch wrote that this action will improve OYO’s EBITDAleverage and that they may take positive rating action. Moody’s doubled its Adj EBITDA estimate for FY2024 from $50 million (projected in May 2023) to $90- $100 million.

OYO recently announced its expansion plans in major spiritual hotspots across the country, fuelled by a surge in domestic travel and rising interest in spiritual tourism. OYO is gearing up to launch 400 properties in popular destinations like Ayodhya, Puri, Shirdi, Varanasi, Amritsar, Tirupati, Haridwar, Katra-Vaishno Devi, and the Char Dham route by the end of this 2024.

KUALA LUMPUR, Feb 13, 2024 – (ACN/NewsVoir) – Oravel Stays Ltd yang menguruskan jenama teknologi pelancongan, iaitu OYO, melaporkan bahawa ia telah menggandakan keuntungan selepas cukainya (PAT) secara berturutan kepada hampir 30 puluh juta Rupee India pada suku ketiga tahun 2024. Syarikat tersebut telah merekodkan suku untungnya yang pertama dengan mencatatkan keuntungan selepas cukai melebihi 16 cr Rupee India pada suku kedua tahun 2024. Penubuh dan Ketua Pegawai Eksekutif OYO, Ritesh Agarwal, berkongsi tentang perkembangan berkaitan dengan kenaikan keuntungan sebanyak dua kali ganda ini dalam suatu perjumpaan dengan para pekerja. Beliau mengatakan bahawa “Dalam suku yang akan datang, kami menjangkakan kenaikan keuntungan selepas cukai secara konsisten yang dijana oleh peningkatan keyakinan penaung, pengalaman pelanggan yang bertambah baik (Cx) dan keadaan pasaran yang merangsang pertumbuhan secara berterusan.”

Beliau juga berkongsi bahawa syarikat tersebut telah mencatatkan EBITDA Diselaraskan hampir 750 cr Rupee India / 90 juta US Dollar pada tahun 2023 dan dijangka akan mencatatkan EBITDA Diselaraskan hampir 1000 cr Rupee India / 120 juta US Dollar pada tahun 2024, iaitu melebihi EBITDA Diselaraskan yang dijangkakan sebanyak 800 cr India Rupee pada tahun 2024.

Hasil pendapatan OYO juga bertumbuh hampir 10% tahun ke tahun pada suku ketiga tahun 2024. Agarwal juga berkongsi bahawa OYO telah mencatatkan peningkatan bilangan hotel dalam platform hampir 27% berbanding tahun lepas. Syarikat tersebut telah berjaya mengoptimumkan kos operasinya sebanyak 15% pada suku ketiga tahun 2024 berbanding dengan tempoh masa yang sama. Syarikat tersebut telah mengemukakan Akaun Tahunannya untuk tahun 2023, tetapi kemas kini tersebut masih belum diauditkan.

Kebelakangan ini, OYO mencatatkan pembelian balik hutang sebanyak 1620 cr Rupee India. Proses pembelian balik tersebut merangkumi pembelian balik sebanyak 30% TLB terkumpul OYO yang bakal luput sebelum Jun 2026. Sumber berhampiran dengan transaksi tersebut menekankan bahawa keputusan OYO untuk melangsaikan hutang menunjukkan kesanggupannya untuk mengurangkan leverage kewangan dan mempamerkan prestasi kewangan syarikat yang teguh. Syarikat tersebut mencapai keuntungan operasi pada tahun 2023 dengan mencatatkan EBITDA Diselaraskan hampir 275 cr Rupee India dan merancang untuk menjana pertumbuhan dan pengembangannya pada masa akan datang menerusi keuntungan yang diperolehi.

Agensi penilaian kredit antarabangsa, Fitch & Moody’s telah menilai usaha OYO untuk membeli balik hutang terkumpulnya sebagai suatu langkah positif. Fitch melaporkan bahawa tindakan ini akan memperbaiki leverage EBITDA OYO dan mereka akan mengambil tindakan penilaian yang positif. Moody’s menggandakan jangkaan EBITDA terlarasnya untuk tahun 2024 daripada 50 juta US Dollar (diunjurkan pada Mei 2023) kepada 90 hingga 100 juta US Dollar.

Kebelakangan ini, OYO mengumumkan pelan pembangunannya di beberapa tapak rohani yang utama di seluruh negara. Ini disokong oleh peningkatan pelancongan domestik dan kenaikan permintaan terhadap pelancongan rohani. Sebelum hujung tahun 2024, OYO telah bersiap sedia untuk melancarkan 400 harta tanah di destinasi popular seperti Ayodhya, Puri, Shirdi, Varanasi, Amritsar, Tirupati, Haridwar, Katra-Vaishno Devi dan Char Dham.