AcroMeta Announces Strategic Joint Venture to provide AI-Powered Global Trade Operating System ACN Newswire

AcroMeta Announces Strategic Joint Venture to provide AI-Powered Global Trade Operating System

- Proposed Joint Venture to springboard AcroMeta Lifestyle as a provider for a proprietary AI trade platform.- Platform will move beyond traditional e-commerce by using multi-agent AI to actively discover global procurement opportunities and execute end-to-end transactions.SINGAPORE, Dec 1, 2025 - (ACN Newswire via SeaPRwire.com) - AcroMeta Group Limited (“AcroMeta”, or the “Company”, and together with its subsidiaries, the “Group”) today announced a strategic leap into the future of digital trade by entering into a Binding Indicative Term Sheet (the “Term Sheet”) with a technology partner (the “Partner”) for a proposed joint venture (the “Proposed JV”) on 29 November 2025.The JV will be undertaken through its subsidiary, AcroMeta Lifestyle Pte. Ltd. (“AcroMeta Lifestyle”), which will be develop and provide an AI-powered global trade operating system.This initiative marks a fundamental shift from passive online marketplaces to an active, intelligent platform that autonomously sources real-time global procurement opportunities and manages the entire trade execution process, including payment, logistics, and customs."This joint venture serves as the strategic launchpad for our AI-powered global trade operating platform. By deploying it first within our own ecosystem, we immediately generate a valuable, operational case study and revenue stream. Once we fine tune its efficacy, we will expand into other business, industrial sectors and countries," Said Mr. Lawrence Toh, Executive Director.From E-commerce to AI Trade ExecutionThe Proposed JV will fund the deployment of the AI-powered global trade operating system. This platform will utilize six specialized AI agent clusters—including Customs Data Intelligence, Social Intent Mining, and Government Tender AI—to continuously scan global data sources for verified purchase signals. Suppliers can pay to unlock these high-intent leads, and the platform offers a managed trade service, handling the complex cross-border execution.JV Structure and Strategic BenefitsUnder the Term Sheet, the paid-up capital of AcroMeta Lifestyle will be increased to S$500,000, with AcroMeta contributing S$200,000 for a 51% majority stake and the Partner contributing S$300,000. This structure enables AcroMeta to scale the venture with reduced capital outlay while retaining strategic control.The technology Partner will assume the role of the general management, bringing day-to-day operational expertise, while AcroMeta maintains full oversight through board chairmanship and financial controls.A Platform for Global ExpansionThe Proposed JV marks a significant step in AcroMeta’s transformation and positions the Group to participate more meaningfully in global AI-driven markets. The Group aims to build new revenue pillars that complement its existing businesses and support sustainable shareholder value.This media release is to be read in conjunction with SGXNET announcement released on the same date. Reference: https://tinyurl.com/283ykzm8 About AcroMeta Group Limited (SGX: 43F)AcroMeta Group Limited (“AcroMeta” or the “Company”, and together with its subsidiaries, the “Group”), is in the business of facility management services. The Company has been listed on the Catalist board of the Singapore Exchange since 2016. For more information, please visit www.acrometa.com.Media and Analysts Contact:AcroMeta Group Limited Mr. Lee Foo Tuck Tel: +65 6743 1300 Email: footuck.lee@acrometa.com Waterbrooks Consultants Pte LtdMr. Wayne KooTel: +65 6958 8008 / +65 9338 8166Email: wayne.koo@waterbrooks.com.sgEmail: query@waterbrooks.com.sgThis media release has been reviewed by the Company's Sponsor, W Capital Markets Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange"), and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document. The contact person for the Sponsor is Mr Foo Say Nam, 65 Chulia Street #43-01 OCBC Centre, Singapore 049513, telephone (65) 6513 3536. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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FG Gold, AFC and Afreximbank Reach Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project ACN Newswire

FG Gold, AFC and Afreximbank Reach Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project

Freetown, Sierra Leone--(ACN Newswire via SeaPRwire.com - December 1, 2025) - FG Gold Limited ("FG Gold") has successfully closed and achieved first drawdown on a US$330 million Senior Debt Financing package with Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank), securing the capital required to construct and develop the Baomahun Gold Project, Sierra Leone's flagship large-scale gold mine. The transaction was further strengthened by capital mobilised through Trafigura Group.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/12020/276368_fggold.jpgThis senior financing, combined with AFC's previously committed US$100 million in streaming and mezzanine investments, brings total African Development Finance Institution support to US$430 million including Afreximbank's contribution of US$75 million—fully funding the project into construction and ensuring momentum toward first gold production.Oliver Tunde Andrews, Executive Chairman of FG Gold, said, "We are delighted to have completed the senior debt financing for Baomahun. This milestone reflects Africa's ability to finance and develop its own large-scale mining assets using world-class standards and local expertise. With the support of the Government of Sierra Leone, our local community, and leading DFIs, Baomahun is positioned to become a transformative project for Sierra Leone."AFC President & CEO, Samaila Zubairu, noted, "This financing demonstrates the power of African institutions working together to unlock the continent's resource potential while catalysing sustainable, African-led industrial growth."Dr. George Elombi, President and Chairman of the Board of Directors at Afreximbank, added, "Baomahun exemplifies African innovation and collaboration and reflects our commitment to enabling countries in Africa to harness their natural resources for inclusive growth and development."Gonzalo De Olazaval, Global Head of Metals and Mineral at Trafigura, commented, "We are pleased to support Sierra Leone's first large-scale commercial gold mine in Partnership with AFC and Afreximbank."Baomahun Gold Project - Ongoing Construction of Process PlantTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/12020/276368_processplant.jpgA Pioneering Development for Sierra LeoneLed by Boxmoor Au and A2MP, and supported by a predominantly African technical team, Baomahun introduces several national "firsts" across financing, engineering, power solutions and community partnerships. Delivery partners include Lycopodium (EPCM), Knight Piésold, CrossBoundary Energy, and Komatsu/PanAfrican Equipment.Upon commissioning, Baomahun is expected to become one of Africa's leading new gold operations, producing an average of 150,000 ounces per year over a 12.5-year mine life, with peak production of 201,000 ounces.The mine is anticipated to support up to 900 direct and indirect jobs, with 90% local employment already achieved, and contribute around 10% of Sierra Leone's GDP during operations.Sierra Leone's Minister of Mines and Mineral Resources, Honourable Julius D. Mattai, said the project signals strong confidence in the nation's mining sector and reinforces the government's commitment to responsible, community-centred development.Community Investment UnderwayFG Gold has committed 1% of gross revenues to a Community Development Fund, supporting education, healthcare, agriculture, infrastructure and enterprise. Early initiatives include a community centre, a primary school, a renovated health centre, and upgrades to the Matotoka-Baomahun access road.Contact:Nicola AsgillCorporate Development, Sustainability & Investor Relations DirectorFG GoldMobile: +232 99 503 506Email: nicola.asgill@fg-gold.comFollow FG Gold on LinkedIn. About FG Gold LimitedFG Gold is a gold development company based focused on constructing and operating the Baomahun Gold Project located in Sierra Leone. Baomahun is one of the largest deposits under development in Africa and will become Sierra Leone's premier large scale commercial gold mine. Upon operations, the Project is expected to deliver an average annual gold production of ~150,000 ounces per year over a 12.5-year mine life peaking at 201,000 ounces.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276368 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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China Chunlai Announces 2025 Annual Results ACN Newswire

China Chunlai Announces 2025 Annual Results

HONG KONG, Dec 1, 2025 - (ACN Newswire via SeaPRwire.com) – 28 November 2025, China Chunlai Education Group Co., Ltd. (“China Chunlai” or the “Company”, together with its subsidiaries and its consolidated affiliated entities, the “Group”, Stock Code: 1969) is pleased to announce the audited consolidated annual results of the Group for the year ended 31 August 2025 (the “Reporting Period”). During the Reporting Period, the Group recorded a revenue of RMB1,790.6 million, representing an increase of 9.8% compared with the same period of last year; gross profit recorded RMB970.7 million, representing an increase of 1.6% compared with the same period of last year; profit recorded RMB835.5 million, representing an increase of 7.4% compared with the same period of last year; net profit margin recorded 46.7%.Students Enrolled Increases Steadily Schools Achieves Strong GrowthThe educational philosophies of the Group’s schools and well-developed curricula as well as its high graduate employment rates enable the Group to attract high-quality students who are seeking a pathway to satisfactory employment. For the 2024/2025 school year, the overall yield of five colleges that offer bachelor’s degree programmes (being Shangqiu University, Shangqiu University Kaifeng Campus, Anyang University, Anyang University Yuanyang Campus and Jingzhou College) was 96.9%.For the 2024/2025 school year, the number of students enrolled increased by 6.4% from 103,301 in the prior school year to 109,952. Among which, Jiankang College had a total enrollment of 9,743, representing an increase of 43.2% compared with the same period of last year; Anyang University Yuanyang Campus had a total enrollment of 13,045, representing an increase of 20.9% compared with the same period of last year; Jingzhou College had a total enrollment of 19,357, representing an increase of 15.5% compared with the same period of last year; Shangqiu University had a total enrollment of 26,165, representing an increase of 4.5% compared with the same period of last year; Shangqiu University Kaifeng Campus had a total enrollment of 15,499, representing an increase of 2.2%.Because of the steadily expansion of students enrolled, the revenue of Group's schools increased during the period: Jiankang College recorded a revenue of RMB137.8 million, representing an increase of 42.5% compared with the same period of last year; Anyang University Yuanyang Campus recorded a revenue of RMB215.7 million, representing an increase of 21.7% compared with the same period of last year; Jingzhou College recorded a revenue of RMB341.3 million, representing an increase of 16.4% compared with the same period of last year; Shangqiu University recorded a revenue of RMB416.1 million, representing an increase of 8.3% compared with the same period of last year; Shangqiu University Kaifeng Campus recorded a revenue of RMB260.4 million, representing an increase of 4.2%.Deepen the Integration of Industry and Education Cultivate Application-oriented TalentThe schools operated under the Group closely focus on the goal of application-oriented talent training, attach importance to, and actively carry out, the integration of industry and education, strengthen school-enterprise cooperation, explore “diversified talent training, innovative practical education system”, and form its own characteristics and highlights. The collaboration models include practice and training, joint transformation of research and development results, joint training of order classes, and joint construction of majors and laboratories, which have achieved good results.AI Education + International Education Synergistically Drive High-Quality DevelopmentThe Group commits to advancing artificial intelligence (“AI”) education and applications and deploy the DeepSeek R1 model as a strategic initiative, which integrate the DeepSeek R1 Model into AI education platforms developed in collaboration with Beijing Gravity Link Technology Co., Ltd, to optimize student learning, enhance teacher instruction, and foster an environment and culture that positions schools at the forefront of educational technology.In November 2024, Anyang University and Shangqiu University under the Group entered into sino-foreign school operation cooperation agreements with Elite Education Institute in Australia and Anyang University entered into a sino-foreign school operation cooperation agreement with Massey University in New Zealand to establish in-depth strategic cooperation relationships with such institutions to promote their mutual aim of diversification and internationalization of education.The Board of China Chunlai Education Group Co., Ltd. said: “Since 2025, educational policies have improved and demand has been released, we have seized the opportunity by building an excellent team of teachers, increasing students’ recruitment efforts, developing diversified business, and have achieved the expected results. In addition, AI has a far-reaching impact on the education industry, and relevant policies continue to support. The Group continues to develop AI applications and further strengthens AI related business.In the future, we expect to increase the capacity of the colleges progressively, continue to increase the total number of enrolled students, and hire teachers with a strong command of their respective subject areas who are open to innovative teaching methods and a caring heart toward students’ well-being, focus on teaching outcomes to achieve higher employment rates, thereby provide solid momentum for future sustainable development and strive to maximize shareholder profit.” Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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USDKG launching: $50M Gold-backed Stablecoin in the Kyrgyz Republic ACN Newswire

USDKG launching: $50M Gold-backed Stablecoin in the Kyrgyz Republic

Bishkek, Kyrgyzstan, Nov 29, 2025 - (ACN Newswire via SeaPRwire.com) - A gold-backed stablecoin named USDKG has been introduced in the Kyrgyz Republic with an initial issuance amount of approximately $50 million. The token is pegged 1:1 to the U.S. dollar, issued on the Tron network, and reviewed by ConsenSys Diligence. Support for Ethereum is planned at a later stage.The issuer, OJSC Virtual Asset Issuer, is a company operating under the 2022 Law on Virtual Assets. The project is presented as part of the country's regulatory framework for digital assets.A launch event was attended by government officers, CEO of Gold Dollar, the operator contracted for the project. Participants pressed a symbolic button to mark the start of circulation.According to project information, 50 million USDKG tokens were created, each reportedly backed by physical gold. The operator has mentioned an intention to expand backing to $500 million and, in later phases, possibly up to $2 billion. These plans are subject to regulatory approval, available reserves, and market conditions.The project follows KYC/AML procedures aligned with FATF recommendations, and redemptions require standard identity verification. Representatives describe the stablecoin as intended for use in regulated financial settings and cross-border payment scenarios.Kyrgyzstan is among the first countries in Central Asia to implement a legal framework governing virtual assets. Government officials noted that USDKG operates within this framework and is not intended to replace or compete with the national currency.Project materials describe the gold backing and on-chain verification as measures intended to provide transparency for users, though independent validation of reserves beyond project disclosures has not been detailed publicly. The initiative reflects a broader interest in the region in exploring blockchain-based financial tools under regulatory oversight.With USDKG, the project is positioned as one example of regulated asset-backed digital instruments being developed under existing national laws, while leaving future adoption and impact to market use rather than policy direction.Media contactBrand: USDKGContact: Media teamWebsite: https://www.usdkg.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Capital Revo Expands Trader Education Framework Amid Rising 2025 User Engagement ACN Newswire

Capital Revo Expands Trader Education Framework Amid Rising 2025 User Engagement

Rodney Village, Rodney Bay, Gros-Islet Saint Lucia, Nov 28, 2025 - (ACN Newswire via SeaPRwire.com) - Capital Revo recently announced a renewed expansion of its trader education framework, rolling out new structured modules and enhanced navigation tools following a marked rise in platform engagement throughout 2025. The update represents a key milestone in the company's ongoing effort to provide accessible, analyst-supported learning resources to traders at every experience level.The growing relevance of trader education within modern financial markets continues to reshape how brokerage firms present learning resources, and Capital Revo is positioning its educational section as a structured environment tailored for different stages of experience. The company has recently observed a steady increase in user engagement throughout its educational library as traders seek reliable ways to understand market dynamics without marketing-driven distractions. This development has drawn attention from industry observers who note that the segment is expanding in both depth and accessibility.Market analysts describe the educational section as an evolving work in progress. The structure shows an intention to serve newcomers while still offering material that experienced individuals might revisit when refining methodologies. As many Capital Revo reviews on the internet suggest, the platform's consistency in expanding its educational framework is one of the elements most frequently mentioned. That said, analysts often remark that the distinguishing feature is not simply the quantity of resources available but the organization of those materials in a manner that avoids overwhelming users. On the other hand, the steady growth of content reflects broader industry expectations in which education has become a foundational service rather than a secondary feature.Specialists in financial communication who have examined the Capital Revo approach have pointed out how the company is maintaining attention on core trading topics. Observers note that this includes explanations of asset categories, interactive learning formats, and informational segments intended to clarify terminology that often confuses new market participants. The tone that emerges from external commentary suggests that the educational material is aimed at enabling learners to form structured habits, something frequently highlighted in Capital Revo opinions published across online trading communities. These observations illustrate how the materials are perceived within the wider ecosystem of retail investors seeking clarity in an increasingly digital environment.The most notable aspect identified by reviewers and third-party commentators relates to the gradual build-up of the educational flow. Many have commented that the material appears designed to guide individuals from basic principles toward more advanced approaches without forcing accelerated progress. Market consultants see this as a workable strategy that reflects how many analysts of their generation learned to interpret charts, economic calendars, and policy. A methodical pace may feel slow at times, but it avoids creating unrealistic expectations. This approach is attracting wider media interest at a time when discussions about responsible trading content have become increasingly common.External analysts observing the growth of Capital Revo's presence in educational discussions highlight the absence of sensationalist content. Instead, the available learning tools seem to focus on structural understanding. Independent assessments confirm that this aligns with current demand across the retail segment, which increasingly favors clarity over aggressive messaging. This reflects how new entrants are approaching markets in 2025 as they attempt to digest concepts of risk, execution practices, and the mechanics behind market movement. This trend is not limited to beginners; regular users also expect educational components to be present within their trading platforms, observers say.Experienced individuals sometimes revisit explanatory modules to refresh or update their frameworks. This has contributed to a growing body of commentary describing how Capital Revo's educational materials are accessed by a diverse user base. Furthermore, analysts point out that the clarity of organization caters to those who prefer to explore topics at their own pace. Feedback from aggregated Capital Revo reviews often indicates that the structured navigation contributes to a smoother learning progression.From a media standpoint, the current expansion of educational sections across brokerage platforms reflects a global trend. Many firms are competing to develop credible content that can withstand scrutiny from analysts and educators alike. In this context, Capital Revo's efforts are being monitored as part of a broader industry movement toward more transparent, modular, and methodical learning tools. Commentators have emphasized that this type of development strengthens the industry by establishing consistent expectations for traders entering the market.As the educational sector within online trading continues to expand, industry analysts anticipate further growth in the number of platforms revising their learning materials. Capital Revo has indicated through its public communication channels that education will remain a central component of its service offering. Market observers believe that this emphasis on structured learning will likely influence similar initiatives within other firms, particularly those looking to align with best practices noted in Capital Revo opinions and analysis-driven commentary.About Capital RevoCapital Revo is a financial services provider offering online trading infrastructure, educational resources, and technology-driven tools designed to support individuals throughout their market experience. The company focuses on delivering structured information intended to help traders understand core financial concepts and navigate market environments with clarity.Media ContactCapital Revo Communications DepartmentWebsite: https://capitalrevo.com/ Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Eternal Beauty Holdings Announces First Results Since Listing, Interim Profit for FY2025/2026 Increased 15.3% YoY to RMB 1.3 Million ACN Newswire

Eternal Beauty Holdings Announces First Results Since Listing, Interim Profit for FY2025/2026 Increased 15.3% YoY to RMB 1.3 Million

HONG KONG, Nov 28, 2025 - (ACN Newswire via SeaPRwire.com) – Eternal Beauty Holdings Limited ("Eternal Beauty Holdings" or the "Group"; stock code: 6883.HK), a pioneer in China’s beauty and fragrance industry, today announced its interim results for the six months ended 30 September 2025 (the “Period”). Under the increasingly competitive market environment, the Group has taken proactive initiatives to navigate market challenges. Through effective cost optimization, improved operational efficiency, and a strategic reallocation of resources toward high-growth businesses, the Group achieved an operating profit and profit for the Period of RMB 164.4 million and RMB 133.2 million, representing year-on-year growth of 21.2% and 15.3%, respectively. This performance demonstrates the resilience of its core profitability.The Board has resolved to declare an interim dividend of HK4.6 cents per Share and a special dividend of HK3.4 cents per Share for the six months ended 30 September 2025.Ms. Lam King, Executive Director and Chief Executive Officer of the Group, stated: “This interim result marks our first financial report since listing. The IPO has provided us with a strategic platform to accelerate brand development and business expansion, laying a solid foundation for long-term brand value creation and transformative growth. We are pleased with the steady progress across business segments.Amid the global rise in emotional wellness spending and the growth of the ‘olfactory economy’, fragrance is evolving from a simple sensory pleasure into a key solution for emotional well-being. The industry is undergoing a strategic transformation, moving beyond ‘sensory delight’ to address the ‘core need for emotional health’. According to Frost & Sullivan, China’s perfume market is expected to reach approximately RMB44 billion in 2028 and maintain stable growth. Against this backdrop, Eternal Beauty Holdings will continue to serve as a vital bridge for international brands entering China. Over recent years, we have observed the further popularization of perfumes and related fragrance products in the Chinese market. Their usage has expanded from conventional social settings to a far wider range of everyday spaces - homes, offices, and travel environments. The nature of fragrances has also shifted from being luxury items to an integral part of daily life, becoming a key medium for personal expression and crafting an ambiance, thereby continuously increasing product penetration. This trend aligns perfectly with the Group's strategy of focusing on high-margin niche brands, presenting us with vast growth opportunities.”As of 30 September 2025, Eternal Beauty Holdings' external brand portfolio comprised 74 brands. Perfumes were the most offered category, available from 53 brands. This was followed by home fragrances (22 brands), skincare (17 brands), personal care (10 brands), eyewear (8 brands), and color cosmetics (6 brands).Business ReviewOngoing Optimization of External Brand Portfolio; Strong Growth in Niche FragrancesDuring the Period, the Group has consistently adopted the “multi-brand + omni-channel” business model, building an extensive sales network and consumer touchpoints through sound brand management and omni-channel sales services. As of 30 September 2025, the Group had more than 2.5 million members.Under the diversified brand development strategy, the Group continuously optimizes its brand portfolio by actively introducing high-potential, higher-margin niche fragrance brands to capture market growth opportunities. Brands within its portfolio, such as PARFUMS de MARLY, Dr. Vranjes, and ACCA KAPPA, have demonstrated growth momentum during the Period. Leveraging their unique brand stories, exquisite craftsmanship and clear-cut positioning, these niche fragrance brands precisely responded to market trends favoring personalization and emotional value. Sales of these brands recorded a significant year-on-year increase of 22.9%, substantially outperforming the market average and establishing themselves as a key driver of the Group's future growth. Expansion of Self-Owned Brand Santa Monica; Continuous Product Line UpgradesThe Group actively develops its own brand, Santa Monica - launching five upgraded perfumes and two scented candles—its first step into home fragrance—in 2025. This move will further diversify the product offering of the Group’s self-owned brand, thereby enhancing brand recognition and market penetration. In addition, the Group continues to participate in international optical exhibitions. Through optimized retail channels, the Group further improves the efficiency of its sales network and provides consumers with higher quality, more personalized product choices.Integrated Omni-channel Sales Network; Synergy of Direct Sales and Retailer ChannelsThe Group has established a comprehensive integrated omni-channel sales network, with its business spanning over 400 cities across Chinese Mainland, Hong Kong and Macau. This sales network comprises three major channels, each strategically positioned for different consumer scenarios:- Direct sales channels: Consist of online stores the Group operates on e-commerce and social media platforms and offline stores/counters it operates in shopping malls and department stores to sell products directly to consumers. As of 30 September 2025, the Group operates 146 self-operated stores in total, comprising 46 online stores and 56, 39 and 5 offline stores/counters in Chinese Mainland, Hong Kong and Macau, respectively.- Retailer channels: Include online retailers and offline retailers. Online retailers refer to retailers that purchase products from the Group and directly sell them to consumers through online platforms; offline retailers include operators of chained cosmetics specialty stores, operators of individual stores for cosmetics products, beauty salons, operators of brand boutique stores, operators of home department stores and operators of chained or individual eyewear stores (collectively, the “key accounts”) and airports, airlines and downtown duty-free shops (collectively, the “travel retailers”). As of 30 September 2025, the Group had a total of 623 retail customers, of which the number of online retail customers was 77, the number of key accounts was 534, and the number of travel retailers was 12.- Distribution channels: As of 30 September 2025, the Group's products reached the market through a total of 94 distributor customers, who purchase from the Group and resell to retailers.It is noteworthy that the Group's self-operated retail brand, PERFUME BOX, operates through both online and offline sales channels. As of 30 September 2025, the Group has opened 7 PERFUME BOX offline stores nationwide, covering strategic Chinese cities such as Shanghai, Shenzhen, and Nanjing. The layout strategy focuses on core areas with strong spending power and high fashion awareness, aiming to accelerate brand image establishment and market penetration.Outlook and Strategic PlanDeepening Brand, Channels and Experience Strategies to Drive Future High-quality GrowthEternal Beauty Holdings’ brand strategy will follow a dual-track approach. One track involves expanding its international brand portfolio by introducing more leading premium home fragrance and niche perfume brands to reinforce market leadership. The other focuses on developing a systematic self-owned brand incubation platform to cultivate competitive and diverse brand matrices. This includes the further developing self-owned brands such as Santa Monica and acquiring or investing in external brands. Through optimizing, broadening and diversifying its brand and product portfolios, strengthening the Group’s market leading position.Furthermore, the Group will continue to expand the coverage of its offline self-operated stores by adding PERFUME BOX stores and other new self-operated offline stores/counters. This expansion aims to broaden consumer base and diversify product offerings aimed at consumers with differing characteristics and preferences. As the Group’s proprietary brand store, PERFUME BOX will enhance brand awareness and deepen the consumer experience through various approaches, including thematic displays, interactive installations, and professional shopping guidance. By promoting innovative retail models and optimizing the brand architecture, the Group aims not only to elevate the consumer brand experience but also to establish PERFUME BOX as a leading experiential space in fragrance retail. This strategy will further consolidate the Group’s industry position in the premium perfume market and lay a solid foundation for future business development.Ms. Lam concluded: “Beyond our core business operations, we have also conducted in-depth market research and actively participated in various industry events. These initiatives have not only deepened our ongoing analysis of the industry but also continuously enhanced our industry influence. In July 2025, we organized the second International Perfume Festival in Hong Kong, drawing numerous fragrance enthusiasts; in August and September 2025, we successfully released the ‘2025 Hong Kong & Macau Fragrance Market Trends White Paper’ and ‘2025 China Perfume and Fragrance White Paper’, and convened the relevant marketing conference, both of which were widely covered by multiple mainstream media.”Looking ahead, we will implement a dual-track strategy of ‘International Brand Expansion' and 'Proprietary Brand Incubation', combined with upgrading our in-store retail experiences, to solidify our leading position in the high-end fragrance market and further develop our skincare category. We will also upgrade our digitalized CRM system, mid-office systems and finance and operation systems, to improve the efficiency and effectiveness of our business operations. In summary, we are confident in our prospects and are committed to driving the sustainable growth of our business, delivering long-term and stable returns to our shareholders.”About Eternal Beauty Holdings LimitedEternal Beauty Holdings Limited is the largest perfume group (apart from brand-owner perfume groups) in China (including Hong Kong and Macau) in terms of retail sales in 2023. It primarily sells and distributes products procured from third-party brand licensors, and deploys market for these brand licensors, offering such services as brand management, and designing and implementing customized market entry and expansion plans for their brands. The Group boasts large and diversified brand portfolios that include not only perfumes, but also color cosmetics, skincare products, personal care products, eyewear and home fragrances. As at 30 September 2025, it conducted product distribution and market deployment for a total of 74 external brands, including Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier, with products in different pricing tiers and of versatile features that meet the differentiated demands of consumers in Chinese Mainland, Hong Kong and/or Macau. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Think Business, Think Hong Kong strengthens Italy-Hong Kong ties and opens new path for Asian collaboration ACN Newswire

Think Business, Think Hong Kong strengthens Italy-Hong Kong ties and opens new path for Asian collaboration

Some 760 participants attended Milan symposium to explore opportunities in finance, innovation, supply chain and creative industriesA flagship event featuring high-level dialogues and more than 260 on-site business matching meetings connected Hong Kong and Italian companiesMilan, Italy, Nov 28, 2025 - (ACN Newswire via SeaPRwire.com) – The Think Business, Think Hong Kong (TBTHK) signature promotion organised by the Hong Kong Trade Development Council (HKTDC) was held on 27 November in Milan to promote bilateral trade and investment with Italy.Returning to Italy for the first time since 2014, the TBTHK event attracted over 1,000 participants. The TBTHK symposium was held at Palazzo Mezzanotte – home of the Italian Stock Exchange – and attended by some 760 participants, reaffirming the strong and growing relationship between Hong Kong and Italy. Over 240 leaders of the Italian, European and Hong Kong business communities joined the Hong Kong Dinner.TBTHK Milan gathered over 90 delegates from Hong Kong, including government officials, business and creative industry leaders, financial and professional services providers, investors and start-up entrepreneurs, as well as executives from Chinese Mainland companies based in Hong Kong for a day of dialogue, networking and partnership building with Italian companies keen to expand into Asia. The event highlighted Hong Kong’s role as a superconnector and super value-adder, enabling both Hong Kong and mainland enterprises to go global and seize opportunities in Italy and across Europe.At the symposium’s Opening Session, Paul Chan, Hong Kong SAR Government Financial Secretary, and Prof Frederick Ma, HKTDC Chairman delivered remarks. Valentino Valentini, Deputy Minister of the Ministry of Enterprise and Made in Italy, delivered a video speech.In his opening remarks, Mr Chan said: “For long, Hong Kong and Italy have much in common. We share a passion for creativity, craftsmanship, and elegance. Italian style has captured our hearts. Our two cities (Hong Kong and Milan) are gateways connecting continents, blending Eastern and Western ingenuity. And we both thrive on openness, creativity, innovation and entrepreneurial spirit.”Mr Chan mentioned that the economic partnership between Hong Kong and Italy is flourishing and remarkably diverse: “In 2024, bilateral merchandise trade reached €7.2 billion. Some 200 Italian companies, from world-beating brands to leading players in banking, insurance, logistics and chocolate, have their regional headquarters, offices or operations in Hong Kong.”In his welcome remarks, Prof Ma said: “At the HKTDC, facilitating partnerships is at the core of what we do. Partnerships lead to innovation. And innovation drives growth and expansion. We help businesses, large and small, realise their growth and expansion plans, wherever they may be – China, Asia and beyond.”Prof Ma added: “Renowned as one of the world's leading international financial hubs, many opportunities await Italian businesses in Hong Kong – in traditional and newer sectors. Just like Italy, Hong Kong is focused on I&T. This covers fintech, greentech, AI and smart city development, the creative sector and more. I see great potential for collaboration.”Mr Valentini said: “Italian companies that have been present in Hong Kong for many years now play a leading role in sectors such as fashion, luxury, design, food, manufacturing and logistics, and are also paving the way in more innovative fields.”Mr Valentini added that Hong Kong is an ideal platform for Italian companies that wish to grow in the Chinese Mainland and the wider Asian region, while Italy is moving to further enhance its attractiveness to new investment. The relationship between Italy and Hong Kong is built on decades of exchange and close ties. Now is the time to turn this experience into new, successful partnerships for the benefit of Italian businesses and entrepreneurs.High-level exchanges highlight new areas of collaborationThe plenary session explored global economic trends, the evolving role of Hong Kong's financial markets and the deep integration with the Chinese Mainland that continues to provide international companies, including Italian ones, with a competitive advantage in accessing Asia. The session brought together leading figures from the international business community to discuss how Hong Kong continues to serve as a strategic gateway to Asia.Chaired by Hans Michael Jebsen, Chairman of the Hong Kong-Europe Business Council and Jebsen Group, the discussion featured insights from Bernard Chan, Chairman of the West Kowloon Cultural District Authority and President of Asia Financial Holdings Limited; Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited; Claudio de Bedin, Partner at Justin Chow & de Bedin Solicitors LLP; Fabio De Rosa, Head of Global Transaction Banking, Banco BPM; and Alex Zhavoronkov, Founder and CEO of Insilico Medicine.Reflecting the evolving priorities of both economies, the five thematic sessions covered four strategic areas. The Digital Trade and Finance session, co-organised with the Hong Kong Monetary Authority, explored how technology is reshaping cross-border trade and financial flows. It also showcased how platforms, such as distributed ledger-based trade solutions and commercial data exchange systems, are enhancing efficiency, transparency and access to financing – offering new pathways for Italy-Hong Kong trade collaboration.The Innovation and Technology session, supported by the Hong Kong Science and Technology Parks Corporation, focused on smart city innovation and the rapid rise of AI-powered technologies in Asia, illustrating how Italian companies can engage with Hong Kong’s burgeoning innovation ecosystem.After a networking luncheon, the Global Supply Chain session, co-organised with Invest Hong Kong, examined how Hong Kong’s capital markets and corporate treasury frameworks are driving transformation in global supply chains. The discussion highlighted Hong Kong’s role as a hub for supply chain digitalisation, green logistics and advanced manufacturing partnerships.Two Creative and Design sessions were held. One brought together celebrated architects and designers from Hong Kong and Italy, including Steve Leung, Founder of Steve Leung Design Group; Andrea Ponti, Founder and Design Director of Ponti Design Studio Limited; and Dr Rocco Yim, Principal of Rocco Design Architects Associates Limited. The second one, co-organised with the Hong Kong Design Centre and Hong Kong Designers Association, explored how Hong Kong and Italy – two global centres of creativity – can co-design new opportunities in architecture, lifestyle, luxury and cultural innovation. Participants discussed how the fusion of Italian craftsmanship and Hong Kong’s cultural vibrancy can unlock new markets across Asia.Networking and strategic dialogue reinforce long-term tiesAlongside the symposium, TBTHK facilitated over 260 on-site business matching meetings, one-on-one consultations and dedicated networking opportunities. During the event, participants also browsed the InnoVenture Salon and Business Support Zone, an exhibition area featuring over 20 exhibitors from Hong Kong, including start-ups and representatives from government agencies, accounting firms, corporate services companies, logistics specialists, legal firms and many other sectors. The zones provided a practical platform for Italian companies to connect with Hong Kong-based experts, pursue innovative services, solutions and technologies and strengthen cross-border collaboration.Following the symposium, the Hong Kong Dinner was held at Palazzo Parigi. It was attended by over 240 business leaders, government officials and representatives of the Hong Kong and Italian business communities, further promoting bilateral economic and cultural exchanges.Photo Download: http://bit.ly/44xYBrqThink Business, Think Hong Kong Milan organised by the HKTDC was held on 27 November at Palazzo Mezzanotte, attracting some 760 participants. The plenary session brought together leading figures from the international business community to discuss how Hong Kong continues to serve as a strategic gateway to AsiaPaul Chan, Financial Secretary of the Hong Kong SAR Government, talked about deepening economic ties between Hong Kong and ItalyProf Frederick Ma, Chairman of the HKTDC, highlighted opportunities for greater collaboration between Hong Kong and Italian companiesValentino Valentini, Deputy Minister of the Ministry of Enterprise and Made in Italy, addressed participants at TBTHK MilanThe TBTHK symposium featured an InnoVenture Salon exhibition with Hong Kong start-ups showcasing their innovationsWebsites:Think Business, Think Hong Kong:https://thinkbusinessthinkhk.com/2025-milan/symposium/en/index.html Media enquiriesHKTDC’s Communication & Public Affairs Department:Jane CheungTel: +852 2584 4137Email: jane.mh.cheung@hktdc.orgWeber ShandwickNadia LauriaTel: +39 3356962981Email: hkmedia@webershandwickitalia.itMarco PedrazziniTel: +39 3470369222Email: hkmedia@webershandwickitalia.itInes BaraldiTel: +39 3428650498Email: hkmedia@webershandwickitalia.itAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, 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. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Edvantage Group Announces FY2025 Annual Results ACN Newswire

Edvantage Group Announces FY2025 Annual Results

Highlights (relevant audited data for the year ended 31 August 2025)- Revenue increased by 7.7% YoY to approximately RMB2,489 million;- Number of student enrolments increased by 4.4% YoY to approximately 99,800;- Cash and cash equivalents amounted to RMB2,463 million, with ample cash reserves;- Payment of a final dividend of HK7.4 cents per share; dividend payout ratio of 30% for the year.HONG KONG, Nov 28, 2025 - (ACN Newswire via SeaPRwire.com) – Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK) has announced its audited FY2025 Annual Results for the year ended 31 August 2025 (the “Reporting Period”). During the Reporting Period, the Group continued to deepen its investment in high-quality education and achieved fruitful results in talent cultivation, significantly enhancing the value of the education brand and laying a solid foundation for the long-term sustainable development.During the Reporting Period, the Group achieved steady growth, recording revenue of approximately RMB2,489 million, representing an increase of 7.7% as compared with the corresponding period of the preceding year. This increase was mainly attributable to the rise in student enrollments at the Group’s two higher vocational colleges and the higher average tuition fees recorded by the schools in China. The Group’s cash and cash equivalents amounted to RMB2,463 million, demonstrating its ample cash reserves. The number of students enrolled in the Group’s schools continued to expand annually, reaching approximately 99,800, representing a year-on-year growth of approximately 4.4%. Meanwhile, to reward shareholders for their consistent support, the Board of Directors has recommended the payment of a final dividend of HK7.4 cents per share for the year ended 31 August 2025, which, along with an interim dividend of HK6.6 cents per share, equates to a total annual divided of HK14.0 cents per share, and a dividend payout ratio of 30% for the year. This also marks the Group’s 13th consecutive dividend distribution since its listing.From left to right: Ms. Liu Wenqi, Chief Operating Officer; Ms. Liu Yi Man, Executive Director and Chief Executive Officer; Mr. Liu Yuk Tung, Chief Financial Officer.Policies and geographical advantages together lay a strong development foundation, driving steady business growthIn recent years, national policies have continued to promote the high-quality development of vocational education. Outline of the Plan for the Construction of China into an Education Powerhouse (2024-2035) clearly proposes establishing an industry-education integration vocational education system, injecting strong momentum into the development of higher vocational education. Leveraging the geographical advantages of the Guangdong-Hong Kong-Macao Greater Bay Area and the Chengdu-Chongqing Economic Circle, the Group has established a professional system that resonates with regional economic development, and proactively launched multiple cutting-edge majors in strategic emerging fields such as artificial intelligence, new energy, and big health. By deepening industry-education integration and school-enterprise cooperation, the Group has built a complete closed-loop from talent cultivation to industrial application, forming a virtuous development cycle where education and industry mutually promote each other. With the dual impetus of policy support and regional development, the Group has significantly enhanced its talent cultivation outcomes and brand value, while maintaining steady business growth.Comprehensive investment has solidified the foundation of education, achieving fruitful results in innovative educationAdhering to the philosophy of “governance by renowned principals and teachers”, the Group has continued to strengthen its teaching team by introducing many education experts, high-quality teachers and industry mentors, while enhancing teachers’ professional competence through systematic training. In terms of campus environment and training facilities, the Group has continued to increase its investment in building modern teaching venues and advanced practical bases, providing strong hardware support for talent cultivation. In developing an innovative curriculum system, the Group has established a diversified curriculum system covering areas such as AI, industry-education integration, internationalization, innovation and entrepreneurship, and ESG. It has also actively promoted innovation in teaching methods by bringing real industry projects into the classroom, enabling students to enhance their professional skills through practical experience.Remarkable results in talent development, with graduates achieving diversified and high-quality developmentThe Group centers its core mission on high-quality student employment and sustainable development, establishing an integrated support system of “further education – employment – entrepreneurship”, which has delivered exceptional results in graduate development. In recent years, many graduates have had the opportunity to pursue further studies at prestigious domestic and international institutions owing to their exceptional comprehensive qualities and professional capabilities. In terms of employment, the industry-education integration platform and school-enterprise cooperation network have enabled students to gain access to domestic and overseas employment opportunities via CO-OP programme and corporate internships. The Group has also established an “Innovation and Entrepreneurship Incubation Fund” and developed a campus incubator to provide full-chain support for student entrepreneurship. In recent years, several groups of students from affiliated institutions have obtained overseas internship and employment opportunities, with some student teams successfully incubating innovative projects. Additionally, an alumni network of over 300,000 members continues to support graduate development, with alumni contributing to their alma mater by serving as industry mentors and providing job referrals. The exemplary performance of the graduates fully demonstrates the significant effectiveness of the Group’s applied talent training system, validating the Group’s educational investment effectiveness.Looking ahead, the Group will remain committed to upholding its founding mission of “building a century-old prestigious school”, persistently deepening the integration of industry, academia and research, and striving to transform the campus into an incubator for cultivating innovative talents. The Group will also leverage the strategic location of the Greater Bay Area to further deepen international education, actively expand the vocational training and lifelong learning markets, and build an education brand with global influence, creating an open and diversified educational ecosystem. Through ongoing strategic investment and innovative education, the Group is committed to advancing steadily in the field of high-quality vocational education and cultivating more application-oriented talents for society.About Edvantage Group Holdings LimitedEdvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK) is the largest private business higher education and vocational education group in the Greater Bay Area, and an early mover in education sector in pursuing international expansion, listed in Hong Kong Main Board on 16 July 2019. The total number of full-time student enrolments of the Group was approximately 99,800 as of 31 August 2025. Operated 9 private education institutions, namely, Guangzhou Huashang College (Applied Undergraduate), Guangzhou Huashang Vocational College (Higher Vocational Education) and Guangdong Huashang Technical School (Secondary Vocational Education) located in Guangdong Province, the PRC; Urban Vocational College of Sichuan (Higher Vocational Education) and Urban Technician College of Sichuan (Secondary Vocational Education) in Sichuan Province, the PRC; GBA Business School (GBABS) in Hong Kong, the PRC; Global Business College of Australia (GBCA) and Edvantage Institute Australia (EIA) in Australia; as well as Edvantage Institute (Singapore) (EIS) in the downtown of Singapore.While focusing on school operations, the Group also actively fulfils corporate social responsibility by proactively launching social welfare programmes in areas including charitable causes and people's livelihood, rural revitalization, and educational support, in order to repay society through concrete actions. Since its listing, the Group has made outstanding contributions in the field of ESG and has won the “ESG Social Responsibility Excellence Enterprise” from Gelonghui in 2025. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Magnolia Welcomes Tech Pioneer Luc Haldimann as New Board Chairman to Expand Global Growth and AI Strategy ACN Newswire

Magnolia Welcomes Tech Pioneer Luc Haldimann as New Board Chairman to Expand Global Growth and AI Strategy

Basel, Nov 28, 2025 - (ACN Newswire via SeaPRwire.com) - Magnolia, a leading global Digital Experience Platform (DXP) provider, is excited to announce that renowned software entrepreneur and industry veteran Luc Haldimann has joined its Board of Directors and stepped into the role of Chairman (President).Luc's appointment is a major strategic move as Magnolia ramps up efforts to integrate Artificial Intelligence (AI) into its platform, ensuring customers can deliver highly personalized and efficient digital experiences globally.Luc Haldimann is a foundational figure in the enterprise software space. He's a widely recognized strategic leader who successfully combines deep technical knowledge with sharp business acumen-a rare mix essential for guiding Magnolia through the current wave of AI-driven innovation.Notably, Luc was the Co-founder and former CTO/Chairman of Obtree Technologies, a pioneering Swiss CMS company that built solutions for large websites and was acquired by IXOS Software in 2003. He's also the founder of Unblu, a Swiss provider of secure and compliant conversational solutions for the global financial services sector. After leading Unblu as CEO for almost two decades, he will continue his executive career as Unblu's Chief Strategy Officer (CSO). His firsthand expertise in the CMS business and enterprise software sales gives him a crucial edge in shaping Magnolia's future."We are incredibly thrilled to welcome Luc Haldimann to our board as Chairman," said Alain Kugelmann, Co-CEO at Magnolia. "Luc embodies that hallmark of Swiss quality and reliability-known for integrity, precision, and a pragmatic, long-term approach to scaling successful tech companies. His leadership will be vital as we implement AI to enhance content creation, customer personalization, and operational efficiency across our platform globally.""I have been watching Magnolia's evolution in the DXP space for many years and am deeply impressed by its API-first foundation and global reach," said Luc Haldimann. "The digital experience market is at a pivotal inflection point with AI, and Magnolia's technology is perfectly positioned to lead this transformation. I look forward to working with the board and management team to execute a strategy that continues to deliver precision, quality, and groundbreaking innovation to our customers worldwide."Magnolia sees Luc's vision as a powerful reinforcement of its commitment to delivering top-tier innovation and expanding market leadership worldwide.About MagnoliaMagnolia is the composable experience platform that unites best-of-breed technologies into a powerful, central workspace. It empowers enterprise teams to manage every brand, product, channel, and experience from a single, intuitive interface. Leading global companies across finance, manufacturing, healthcare, and more choose Magnolia as their modern composable DXP.Contact InformationSorina MoneHead of Marketingcontact@magnolia-cms.com+41 61 228 90 00SOURCE: Magnolia International Ltd.Related Images Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Tat Hong Equipment Service Co., Ltd. Announces 2025/26 Interim Results ACN Newswire

Tat Hong Equipment Service Co., Ltd. Announces 2025/26 Interim Results

HONG KONG, Nov 27, 2025 - (ACN Newswire via SeaPRwire.com) – Tat Hong Equipment Service Co., Ltd. (“Tat Hong” or the “Company”, together with its subsidiaries, the “Group”) (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its interim results for the six months ended 30 September 2025 (the “Period”).During the Period, the Group recorded revenue of approximately RMB 301.1 million (2024: RMB340.9 million). Loss attributable to equity holders of the Company for the Period amounted to RMB 55.1 million (2024: RMB36.2 million). The increase in loss was primarily due to a decline in revenue, attributable to the slower economic growth and a sluggish construction sector.As at 30 September 2025, the Group is managing a total of 1,135 tower cranes. The Group’s total tonne metres (TM) in use decreased to 1,414,422 for the Period from 1,637,740 in the previous same period. As at 30 September 2025, the Group had 331 projects in progress with a total outstanding contract value of approximately RMB 666.3 million and 58 projects on hand of total expected contract value at approximately RMB 283.9 million.During the six months ended 30 September 2025, the domestic economy faced continual growth pressures, which led to extended weak demand in the construction machinery industry. Concurrently, a decline in the average monthly service price of tower cranes per TM intensified the imbalance between supply and demand in the market, resulting in unprecedented fierce competition in the industry.In response to the challenges of weak domestic demand and intensified industry competition, the Group has been proactively optimizing its business portfolio and diversifying its market presence. Strategically, on the one hand, the Group was progressively reducing the proportion of business in the domestic real estate sector while increasing exposure in clean energy fields such as thermal power, nuclear power, and wind power. Leveraging its expertise in medium-to-large tower cranes, the Group focused on expanding into nuclear island and large-scale energy projects with extended construction cycles and high technical barriers. On the other hand, the Group accelerated its global market expansion and actively built a dual-driven business model at home and abroad through a series of initiatives including the establishment of a joint venture in Indonesia and the strategic expansion into the Greater Bay Area and Hong Kong with setting up subsidiaries.During the Period, while there are several awarded projects delayed in their commencement, the Group had continued the investment in the digitalization of the management platform and the research and development of new tower crane technical solutions. The Group believes the robust technical capabilities will continue to enable it to improve the operational efficiency and secure more projects, and the enhancement in the research and development capabilities for tower crane technical solutions will reinforce the excellent delivery in services.Mr. Sean Yau, CEO of Tat Hong Equipment Service Co., Ltd., said: “Navigating through a complex landscape of economic pressures and a sluggish construction industry, we have proactively adjusted our strategies by expanding into clean energy projects and key overseas markets such as Indonesia. Supported by favorable national policies and signs of market recovery, the Group is well-positioned to strengthen its business presence in relevant sectors through its strategic initiatives, the effectiveness of which are expected to be gradually reflected in its performance in the near future.”Mr. Roland Ng, Chairman of Tat Hong Equipment Service Co., Ltd., said: “In these dynamic times, our original mission continues to guide us with unwavering clarity. With our core corporate values ‘Virtue, Safety and Excellence’, we will continue to concentrate on the research and development of new tower crane technologies to equip ourselves with the most robust technical capabilities to deliver excellent services to our clients. We will continue our efforts to optimize our operation and digitalize our management platforms, so as to improve resources sharing, cost reduction and efficiency enhancement. With all the above measures, we believe we can fulfil the Group’s goal to become ‘the best construction equipment service provider’ in the industry.”About Tat Hong Equipment Service Co., Ltd. (Stock Code: 2153)Tat Hong Equipment Service Co., Ltd. is the first foreign-owned tower crane service provider established in the PRC. Since 2007, the Group has established as a tower crane service provider for one-stop tower crane solution services from consultation, technical design, commissioning, construction to after-sales services primarily to Chinese Special-tier and Tier-1 EPC contractors. Guided by its core values, “Virtue, Safety and Excellence”, the Group has successfully established its market position and maintained stable, reputable and loyal customer base in the construction industry in the PRC.Media EnquiriesStrategic Financial Relations LimitedHeidi So Tel(852) 2864 4826 Email: heidi.so@sprg.com.hkMel Lai Tel(852) 2864 4855 Email: mel.lai@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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PLN Collaborates with Norwegian and Japanese Stakeholders to Advance High-Integrity Cross-Border Carbon Markets at COP30 ACN Newswire

PLN Collaborates with Norwegian and Japanese Stakeholders to Advance High-Integrity Cross-Border Carbon Markets at COP30

Belem, Brazil, Nov 27, 2025 - (ACN Newswire via SeaPRwire.com) - The Indonesian government, through PT PLN (Persero), strengthened its commitment to advancing the global carbon market by forging two key collaborations during the Seller Meets Buyer forum at the Indonesia Pavilion at COP30 in Belém, Brazil, on Thursday (13/11). PLN signed a Mutual Expression of Intent with the Norwegian government via the Global Green Growth Institute (GGGI), and a Memorandum of Understanding (MoU) with Japanese company Carbon Ex Inc. These partnerships represent a significant milestone in accelerating low-carbon project development and expanding Indonesia's role in the global carbon market.PLN's Director of Technology, Engineering, and Sustainability, Evy Haryadi, explained that PLN together with the Government is now taking on a new role as a catalyst and accelerator of the carbon market to accelerate the energy transition and encourage cross-sector collaboration in climate change mitigation. (13/11)Indonesia's Minister of Environment and Head of the Environmental Control Agency, Hanif Faisol Nurofiq, emphasized that the partnerships established during the forum play a vital role in bolstering Indonesia's efforts to reduce global emissions."For Indonesia, this momentum is essential as it highlights the nation's capability to help achieve global greenhouse-gas reduction targets through the implementation of carbon trading under Article 6 of the Paris Agreement," Hanif said.PLN's Director of Technology, Engineering, and Sustainability, Evy Haryadi, noted that PLN—working alongside the government—is stepping into a new role as both a catalyst and an accelerator in the carbon market, aiming to speed up the energy transition and foster cross-border collaboration in climate-change mitigation."The world is progressing decisively toward Net Zero Emissions, and Indonesia is moving in step. PLN is committed to reaching Net Zero Emissions by 2060, in accordance with national targets and the Paris Agreement. To realize this ambition, collaboration isn't optional, it's essential," Evy said.Evy further explained that the government has launched the 2025–2034 Electricity Supply Business Plan (RUPTL), which targets an additional 69.5 gigawatts (GW) of generation capacity, with 76% or 52.9 GW coming from renewable energy and storage. These new assets are projected to produce more than 1,000 terawatt-hours of green electricity over the next decade, creating significant opportunities for clean-energy development."Indonesia has a tremendous opportunity to lead the clean-energy transition and drive green economic transformation through the utilization of its energy resources. We aim to be a leader not just regionally but globally by supplying ample green energy and the necessary supporting infrastructure to help customers meet their future sustainability targets," Evy added.PLN provides two key green-attribute solutions to help companies advance their decarbonization efforts. The first is Carbon Units, which allow businesses to offset their greenhouse-gas emissions through verified emission-reduction or removal projects under reputable domestic and international standards. The second is green energy as a service, offering Renewable Energy Certificates (RECs) and Dedicated Green Energy Sources that give companies direct access to clean, reliable power from PLN's infrastructure. Together, these solutions enable businesses to craft effective short- and long-term strategies for achieving their Net Zero Emissions (NZE) goals."Our main products for managing green attributes are Carbon Units and Renewable Energy Certificates. RECs help businesses obtain official and transparent recognition that the electricity they use comes from renewable sources. These instruments not only meet compliance requirements but also create opportunities to accelerate decarbonization across various industrial sectors," Evy explained.Additionally, PLN is offering forward offtake opportunities for three Gold Standard-certified projects with a combined emissions reduction potential of around 1.5 million tonnes of carbon-dioxide equivalent (COâ‚‚e), including a 50-megawatt (MW) ground-mounted solar power plant (PLTS) with battery storage in the new capital city, Nusantara."We are presenting these opportunities as part of the Indonesian power sector's transformation toward a more sustainable, competitive, and internationally recognized energy ecosystem. With the support of investors and technology partners, we can accelerate the development of strategic projects that deliver tangible emissions-reduction impacts," Evy concluded.About PLNPT PLN (Persero) is Indonesia's state-owned electricity company, committed to continuous innovation and delivering the best service to its customers. PLN drives its Transformation 2.0 agenda with the vision of becoming a Top 500 Global Company and the No. 1 choice for energy solutions. This is achieved through sustainable business growth, end-to-end digitalization, energy transition initiatives supporting Net Zero Emissions (NZE), and the development of world-class human capital.ContactGregorius Adi TriantoExecutive Vice President, Corporate Communications & CSR, PLNTel. +62 21 7261122Fax. +62 21 7227059 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Geespace Accelerates Global Expansion as GEESATCOM Enters New Markets ACN Newswire

Geespace Accelerates Global Expansion as GEESATCOM Enters New Markets

SHANGHAI, Nov 27, 2025 - (ACN Newswire via SeaPRwire.com) - Chinese aerospace company Geespace continues to expand globally with a new cooperation agreement signed on November 26 with Systems & Services Limited (SSL), a leading satellite communications provider in Bangladesh. The partnership will support policy access, technical collaboration, and commercial deployment of GEESATCOM, a low-Earth-orbit (LEO) IoT constellation, marking another key step in Geespace’s international expansion.The agreement follows a year of strong momentum for Geespace, which has already formed partnerships with operators in Morocco, Saudi Arabia, Kazakhstan, Argentina and other markets. This reflects a broader global trend, with Chinese commercial aerospace companies moving from R&D breakthroughs to scaled deployment of LEO communication constellations.GEESATCOM reached a major milestone in September with the launch of its sixth orbital plane, completing Phase-1 constellation deployment. Geespace now operates 64 satellites in orbit with 100% on-orbit reliability. The constellation provides global coverage excluding the polar regions, supporting up to 340 million communications per day for as many as 20 million users. It delivers 1,900-byte message capability for text, voice, and image transmission, supported by in-house adaptive anti-interference technology offering up to 50 dB of protection to ensure secure and stable connectivity.Through sustained investment in scalable innovation, Geespace has built full-stack capabilities across the space, ground, and application segments—from constellation system design and payload development to satellite mass production, telemetry and operation control, communication chipsets, modules and diversified terminals. Compared with traditional satellite communications, GEESATCOM’s IoT services offer significantly lower costs and flexible service tiers to support a wide range of industry scenarios.Commercial use cases are expanding rapidly. In China, GEESATCOM has completed near-100% successful testing in sectors including marine fisheries, construction machinery, smart mobility, logistics and robotaxi. Internationally, Geespace has secured more than 20 operator partnerships across key emerging markets. In June 2024, GEESATCOM achieved a 99.15% communication success rate in its first overseas deployment test in Oman, with network availability exceeding 99.97%.From remote industrial operations to offshore vessel tracking, GEESATCOM is enabling reliable connectivity in regions underserved by terrestrial networks. As global deployments accelerate, Geespace aims to further integrate satellite technology with industry applications—supporting mobility, energy, agriculture, logistics, and other sectors with cost-efficient, secure LEO IoT services that contribute to digital transformation across emerging economies worldwide.Company: GeespaceContact Person: Elliott ZhangEmail: geespace.pr@geely.com Website: https://www.geespace.com/ Telephone: +86 21 54200666 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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KEF, the premium speaker brand of Gold Peak, partners with Huawei to unlock new wireless high-fidelity experience with HUAWEI HiPlay ACN Newswire

KEF, the premium speaker brand of Gold Peak, partners with Huawei to unlock new wireless high-fidelity experience with HUAWEI HiPlay

HONG KONG, Nov 27, 2025 - (ACN Newswire via SeaPRwire.com) – KEF, the premium speaker brand of Gold Peak Technology Group Limited (stock code: 40), announced partnership with Huawei to introduce HUAWEI HiPlay wireless transmission technology to KEF’s award-winning wireless HiFi speaker range for the first time. By combining KEF’s acoustic excellence with Huawei’s smart technology expertise, the two brands will bring high-resolution, lossless audio at 192kHz/24bit, delivering an unprecedented level of clarity and convenience for music lovers.Expected from the first quarter of 2026, a firmware update for KEF’s LS Wireless Collection speakers will be released to support the HUAWEI HiPlay ecosystem. This update will enable users to stream high-resolution music from their favourite platforms directly to KEF’s wireless HiFi speakers with a single tap from Huawei HarmonyOS 6- compatible smartphones and tablets — delivering a seamless, stable, and high-fidelity audio experience.Acoustic excellence meets wireless innovationFor over six decades, KEF has consistently pushed the boundaries of high-fidelity sound through relentless innovation. Today, KEF stands at the forefront of the premium audio industry with award-winning wireless HiFi speaker models including LSX II, LS50 Wireless II, and LS60 Wireless, powered by its proprietary W2 wireless platform. Renowned for robust connectivity and superior streaming performance, the W2 platform reflects KEF’s expertise in integrated wireless solutions, making KEF an ideal audio partner for HUAWEI HiPlay.Perfect display of high-fidelity transmission of original soundThe latest HUAWEI HiPlay technology enables lossless audio transmission at up to 192kHz/24bit over Wi-Fi. As one of the first audio partners for this latest technology from Huawei, KEF’s high-fidelity engineering excellence provides the ideal foundation for HUAWEI HiPlay, allowing listeners to enjoy pure, accurate, and detailed sound with convenience.KEF x Huawei setting new heights for wireless experienceGrace Lo, President of KEF Audio Group said, “We are honoured and excited about the partnership with Huawei, which is a joint commitment to advance the standards of the consumer audio industry and steer it into a new era of wireless high-fidelity. By uniting KEF’s acoustic engineering with Huawei’s smart technology ecosystem, the collaboration delivers a modern listening experience defined by clarity, immersion and uncompromised fidelity.”Huawei introduced the Meta80 phone series and the new HiPlay high-fidelity streaming technology at the press conference yesterday. KEF proudly stands as a member of the inaugural group of collaborating acoustic brands.Gold Peak Technology Group LimitedCharlotte WongSenior Manager, Corporate CommunicationsTel: (852) 2485 5328Email: charlotte_wong@goldpeak.comAJA Capital LimitedAvy Yu / Janet LouieTel: (852) 9500 4443 / (852) 9155 5615Email: avy.yu@ajacapital.com.hk / janet.louie@ajacapital.com.hkAbout Gold PeakGold Peak Technology Group is a global battery and electronics company with an aspiration to become one of the leaders in providing energy and sound solutions that enlighten and empower lives, and with sustainability as a focus.The parent company, Gold Peak Technology Group Limited (SEHK: 40), was established in 1964 and has been listed on the Stock Exchange of Hong Kong since 1984. Gold Peak holds a majority stake at 86.18%* in the Singapore-listed GP Industries Limited as its major industrial investment vehicle and operates manufacturing, R&D, marketing and distribution operations in more than 10 countries around the world.Gold Peak Technology Group Limited not only develops its consumer batteries, electronics and audio products, but also puts great emphasis on R&D of new rechargeable battery and B2B battery technologies. The Group has built renowned brand names for its major product categories, including GP batteries, GP Recyko batteries, KEF premium audio products and Celestion professional speaker drivers.www.goldpeak.com( * shareholding % as at 26 November 2025)ABOUT KEFSince 1961, KEF has been obsessed with the power of high-fidelity sound. By leading in technical innovation, design and craftsmanship, KEF creates revolutionary speakers, subwoofers and wireless systems that provide listeners with transformative audio experiences, capturing the meaning, magic and moments in creators’ work.BBC engineer Raymond Cooke founded KEF, naming it after its original site, Kent Engineering and Foundry. The company continues to conduct research and development while manufacturing flagship speakers in Maidstone, Kent, UK.KEF Music Galleries in key cities worldwide, including our global flagship in London, offer unique and inviting ‘listen and believe’ spaces for both seasoned audio enthusiasts and newcomers, serving as community hubs for partner and creator collaborations.www.kef.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CBL International Limited Wins Prestigious ‘CGMA Excellent Sustainability Award’ at the CGMA Annual Awards 2025 ACN Newswire

CBL International Limited Wins Prestigious ‘CGMA Excellent Sustainability Award’ at the CGMA Annual Awards 2025

KUALA LUMPUR, Nov 26, 2025 - (ACN Newswire via SeaPRwire.com) – CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of the Banle Group (“Banle” or “the Group”), is proud to announce that it has been awarded the “CGMA Excellent Sustainability Award” at the prestigious CGMA Annual Awards 2025. The award was presented at a gala ceremony held on November 26, 2025, in Shanghai.The CGMA Annual Awards are highly respected in the industry, recognizing excellence and innovation in management accounting and business leadership. The "CGMA Excellent Sustainability Award" specifically honors organizations that have demonstrated an outstanding, strategic commitment to sustainable development, successfully integrating environmental, social, and governance (ESG) principles into their core business strategy to create long-term value.After being shortlisted from a competitive field of leading companies, CBL was selected as the ultimate winner for its comprehensive and impactful sustainability initiatives. The judges recognized the Group's holistic approach, which includes setting measurable carbon reduction targets, implementing robust ethical sourcing policies, investing in community development programs, and maintaining transparent ESG reporting. This award affirms CBL's leadership in aligning financial performance with positive societal impact.Dr. Teck Lim Chia, Chairman and Chief Executive Officer of Banle Group, commented, "We are immensely honored to receive the CGMA Excellent Sustainability Award' from CGMA. This recognition is a powerful validation of our steadfast belief that long-term business success is inextricably linked to responsible stewardship of our environment and a deep commitment to our social responsibilities. At CBL, sustainability is not a standalone initiative but a fundamental pillar of our corporate strategy. This award is a testament to the dedication of every member of our team who works tirelessly to embed sustainable practices across all our operations." CBL International Limited Wins Prestigious CGMA Excellent Sustainability Award at the CGMA Annual Awards 2025About the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistics company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with a one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in 65 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam. The Group actively promotes the use of sustainable fuels and has been awarded the ISCC EU and ISCC Plus certifications.For more information about our Company, please visit our website at: https://www.banle-intl.comCBL INTERNATIONAL LIMITED(Incorporated in the Cayman Islands with limited liabilities)For more information, please contact:CBL International LimitedEmail: investors@banle-intl.comStrategic Financial Relations LimitedShelly Cheng Tel: (852) 2864 4857Iris Au Yeung Tel: (852) 2114 4913Email: sprg_cbl@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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New micromobility concepts for increased sustainability in urban traffic: BMW Group grants licenses to the LUYUAN Group ACN Newswire

New micromobility concepts for increased sustainability in urban traffic: BMW Group grants licenses to the LUYUAN Group

HONG KONG, Nov 26, 2025 - (ACN Newswire via SeaPRwire.com) – Licenses officially granted by the BMW Group to the partner company LUYUAN Group during the signing ceremony held in Hangzhou China on November 26, 2025.The licensed technology concepts include Dynamic Cargo and Clever Commute, which were developed by BMW.The “Dynamic Cargo”Concept was the first dynamic “pick-up” electric three-wheeled cargo bike that maintains the agility and riding feel of a regular bicycle while simultaneously adding innovative, safe transport options. The concept is further enhanced by the option of using a modular weather protection system. Combined with the increased driving safety, which is particularly beneficial in adverse weather conditions, this makes the Dynamic Cargo Concept an attractive option year-round.The“Clever Commute”Concept was the perfect“last mile” companion, an e-scooter concept that folds easily for carrying on public transport and/or by car without compromising riding stability.LUYUAN intends to use the licensed technology to develop light mobility vehicles for diverse urban mobility scenarios and enter the global market under its own brands.As one of the pioneering brands in China's electric two-wheeler industry, LUYUAN Group created the country's first mass-producible electric bicycle. For 28 years, LUYUAN has been committed to its concept of "creating better light mobility through technology," continuously driving industry innovation. To date, LUYUAN has provided light mobility solutions to over 30 million users in more than 80 countries and regions, possessing a profound understanding of urban short-distance transportation scenarios and deep expertise in core technologies and large-scale intelligent manufacturing. In 2025, LUYUAN is comprehensively advancing its "All-Scenario Light Mobility" strategy, dedicated to building an integrated mobility solution encompassing "hardware + software + services" centered around users' diverse life scenarios. Its core competency is in providing seamless, multi-dimensional travel experiences through the deep synergy of a scenario-based product matrix and an ecosystem-driven service system.Dr. Jochen Karg, Head of Vehicle Concepts in the BMW Group:“We are pleased to grant LUYUAN the rights to the Dynamic Cargo and Clever Commute concepts, which is part of our initiatives focused on the future of urban mobility. The BMW Group has collaborated with cities for many years and understands the diverse challenges urban areas face, including CO2 emissions, traffic congestion, and limited public space. Through our collaborative approach, we aim to contribute to city-friendly transport systems by enhancing the interconnectedness of urban mobility, promoting micromobility solutions for the last mile, and encouraging shifts in mobility behavior.”“Designworks will create an innovative micromobility experience of urban traffic. An experience that is intuitive, sustainable, and joyful, powered by safety and intelligent features.”Working together with the innovation team of the BMW Group, Designworks is partnering with LUYUAN to design a next generation of electric urban mobility products. Through its global design network and cross-studio collaboration, Designworks brings international perspectives and design differentiation to empower LUYUAN’s launch to overseas markets outside China.Designworks is the innovation studio of the BMW Group and a creative consultancy at the intersection of design, technology and innovation. Trusted worldwide from Los Angeles, Munich, and Shanghai, Designworks is delivering impactful solutions and growth potential for its parent company and clients outside the BMW Group, blending strategy and foresight with creative excellence.Ms. Hu Jihong, CEO of LUYUAN Group, stated: "This partnership with BMW Group marks an important step in LUYUAN’s overall strategy to enter global markets with a technology ecosystem, combining LUYUAN in-house developed technology with technologies from strong partners, such as BMW. Furthermore, to ensure our products fully comply with stringent European certification standards and localized requirements, we have specifically engaged Faissner Petermeier Fahrzeugtechnik AG — a German engineering R&D company within the BMW supplier system — to conduct product engineering development in Munich. This ensures that LUYUAN's products entering the European market meet 'German engineering standards' for compliance, safety, durability, and riding experience. With this approach, we aim to offer to our customers in different markets worldwide with the benefit of ‘Intelligent Manufacturing’ capability from China and technology from Partners suitable for local customers in different parts of the world." Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Stage set for DesignInspire with VIP preview on 3 December and free entry for industry and public over next three days ACN Newswire

Stage set for DesignInspire with VIP preview on 3 December and free entry for industry and public over next three days

The 2025 DesignInspire will be held from 3 to 6 December. The opening day will feature an exclusive VIP preview, followed by free admission over the next three days for industry professionals and the public. The event will feature multiple photo-worthy installations and immersive zones, allowing visitors to experience design and art through a multi-sensory journeyParisian design authority Maison&Objet returns once again under the identity Maison&Objet Intérieurs Hong Kong 2025, expanding its exhibition area in 2025 and bringing an even richer showcase of international creativityInternational design master Alan Chan and emerging artist Chilai Howard design two cross-cultural collaborative spaces, BOTTEGA HONG KONG and TINY STUDIO, presenting a fusion of Hong Kong design excellence with Italy’s outstanding creative visionHONG KONG, Nov 26, 2025 - (ACN Newswire via SeaPRwire.com) – Organised by the Hong Kong Trade Development Council (HKTDC), co-organised by the Hong Kong Design Centre and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), DesignInspire returns from 3 to 6 December 2025 at the Hong Kong Convention and Exhibition Centre (HKCEC). The opening day will feature an exclusive VIP preview, while the following three days will be open to industry professionals and the public free of charge. This year’s DesignInspire runs under the theme “Where Connections Spark Inspiration”, bringing together diverse creative forces from around the world. Maison&Objet, the Strategic Partner of the exhibition, returns with even more grandeur, expanding its footprint at the event by nearly double. Meanwhile, renowned international designer Alan Chan and emerging artist Chilai Howard have each designed cross - cultural showcases in BOTTEGA HONG KONG and TINY STUDIO, presenting a creative dialogue between east and west. Held concurrently with DesignInspire, Business of Design Week (BODW) 2025 Summit, organised by the Hong Kong Design Centre, runs from 3 to 5 December at the HKCEC. This year’s event welcomes Italy as its partner country, strengthening international collaboration and cultural exchange within the global design community.HKTDC Assistant Executive Director Anna Cheung said: “DesignInspire has long been a flagship event in Hong Kong’s cultural and creative calendar, driving the growth of our creative industries and strengthening the connection between local designers and the global design community. This year’s edition brings together over 250 exhibitors from 13 countries and regions, alongside two iconic figures in the field – internationally acclaimed designer Alan Chan and award-winning emerging artist Chilai Howard – who each design thematic pavilions that capture a dialogue between Hong Kong’s vibrant creative energy and Italy’s refined design culture. The exhibition invites visitors to experience the synergy and inspiration born from an east-west cultural exchange, reaffirming Hong Kong’s unique role as a centre for international creative and artistic collaboration.“Through a series of exhibitions and networking activities, we aim to foster deeper collaboration between the creative, design and business sectors – connecting in particular with potential buyers from the hospitality, real estate, luxury dining and cultural tourism industries – and to unlock new business opportunities powered by design. At the same time, we hope to engage the public in appreciating creativity and design, and to raise broader recognition of the creative industry’s contribution to our society’s culture and economy.”Immerse in creativity from leading design brandInternationally renowned lifestyle event Maison&Objet returns alongside DesignInspire under a refreshed identity, Maison&Objet Intérieurs Hong Kong 2025*, bringing together 16 internationally celebrated designers and curators and over 200 brands, artisans and artists to create a world-class platform for creative dialogue. Centred on the theme “Crossroads”, the 3 core sections deliver essential design elements: “Design Factory” brings Inspiration, “Design Showcase” leads visitors into a path of Discovery, while Encounters will happen inside “Le Club” a business lounge dedicated for design players.Design Factory, an immersive pavilion will focus on sustainability, material innovation and cultural storytelling, offering visionary design solutions for the contemporary world and will feature four distinctive curatorial projects by forward-thinking creative teams, such as Belgian designer Lionel Jadot and Thai bamboo artist Korakot Aromdee. Another pavilion, Design Showcase, will extend Maison&Objet’s creative footprint to seven design capitals and present diverse expressions of design excellence that address the evolving needs of multifunctional living, workspace and hospitality environments. Featured creators include renowned French designer and sculptor Hubert Le Gall; renowned Hong Kong architect and interior designer Steve Leung; and Paul Bonlarron, recipient of the Maison&Objet Design Showcase Award 2025, co-presented by France’s Mobilier National and Maison&Objet.Design masters present selection blending Hong Kong and Italian stylesHong Kong’s design vision also shines with originality and creativity. BOTTEGA HONG KONG, designed by international design master Alan Chan along with UNVEIL and Su Chang Design Research Office, draws inspiration from Italy’s alimentari (boutique grocery stores) and Hong Kong’s local “si dor” corner shop culture. The pavilion’s structure resembles an opened giant carton, blending raw elegance with futuristic minimalism. Its interior, drawing on the shop traditions of both Italy and Hong Kong, features 15 brands from the two places showcasing furniture, lifestyle goods and design collectibles. Participants include Hong Kong creative icon anothermountainman; Didi Ng, the first Hong Kong finalist of the LOEWE Foundation Craft Prize; Italian furniture design powerhouses Moroso and Minotti; and Venetian glass artist Lucia Massari, celebrated for her creations for Dolce & Gabbana Casa.A standout highlight is the collaboration between Francesco Maglia, Italy’s century-old handmade umbrella brand, and Hong Kong heritage umbrella manufacturer Leung So Kee, creating a bespoke umbrella adorned with the skylines of Hong Kong and Italy – a perfect representation of the craftsmanship dialogue between the two places. Separately, Alan Chan reimagines Giorgio Armani's 2010 gown with Hong Kong's old “Chung Leung Ching Kee” feather duster, blending folk craftsmanship with Milanese couture. This fusion celebrates heritage, transcending borders to honour artisanal legacies.TINY STUDIO, curated by emerging artist Chilai Howard, brings together 12 design collectives from Hong Kong and Italy. Within 12 individual studios, artists present cross-disciplinary works blending design, art and technology, offering their personal interpretations of the two cultures. Inspired by Hong Kong’s iconic street stalls from the 1980s and 1990s, the exhibition pays homage to the city’s vibrant street culture. Its kinetic roof moves gently like waves, creating a fluid visual rhythm. Visitors can explore interactive experiences encompassing digital art, music creation, sculpture, fragrance design, tattoo illustration and live weaving demonstrations, immersing themselves in the creative synergy between Italy and Hong Kong. Highlights include a collaborative sculpture by Hong Kong artist Danny Lee Chin-fai and Italian sculptor Francesca Bernardini; an audiovisual piece co-created by acclaimed music producer Edward Chan and Kelly Cheuk and Kwokin from the music video and visual production studio (Re); and a showcase of selected works by illustrator Pen So.Global design brands showcase at the exhibitionDesignInspire continues to serve as a catalyst for international business and cooperation. The event welcomes global pavilions from countries and regions including the Chinese Mainland, Czechia, Macao and Taiwan, offering audiences a kaleidoscope of design perspectives and cultural dialogue. The Czech Pavilion will celebrate the world-famous Bohemian glass tradition, showcasing exquisite artistry and creativity. The SHOP Zone will gather curated design and art pieces available for collection and purchase, while Hong Kong fragrance brand Floriography joins as DesignInspire’s first official “Scent Partner”, bringing a sensory layer of Hong Kong’s olfactory aesthetics to the fair.Several leading Hong Kong design institutions will also participate at DesignInspire. The Hong Kong Design Institute (HKDI) will present student works and its Motifx project featuring home décor combining elements of traditional Chinese motifs and contemporary aesthetics. The Hong Kong Design Centre will showcase over 200 DFA Design for Asia Award-winning pieces, demonstrating the city’s design excellence. Local exhibitors will also unveil new designs, including GERI, an intelligent textile technology company, which will collaborate with graphic design master Kan Tai-keung to launch a new series of smart handbags, debuting at the fair as a seamless fusion of innovation and craftsmanship.During the exhibition, the InnoTalks series will feature 14 sessions of inspiring dialogue, bringing together internationally renowned designers and industry experts to explore forward-looking topics such as creative collectibles, IP development, AI applications and inclusive design. The programme will offer participants valuable practical insights and industry perspectives, while providing opportunities to expand professional networks and stay ahead of the latest trends and collaboration opportunities in the creative sector.To further inspire public interest in design and art, DesignInspire will offer a programme of creative workshops covering multi-sensory creation, art-tech integration, sustainable design and craftsmanship, allowing participants to experience the beauty of creative exploration at first hand.In addition, three other key events – the Business of IP Asia Forum, Entrepreneur Day and Start-up Express: International Edition 2025 – will be held concurrently at the HKCEC on 4 and 5 December, providing broader business networking and matching opportunities. Participants can also engage in one-on-one business matching sessions connecting design service companies with innovative enterprises from across the region to explore new partnerships.DesignInspire DetailsDate:3-6 December 2025 (Wednesday to Saturday)3 December (VIP Preview – by invitation only)4-6 December (open to public)Time:3 December 2pm to 7pm 4-5 December 9:30am to 7:30pm 6 December 9:30am to 7pmVenue:Halls 3C–E, Hong Kong Convention and Exhibition CentreFee:Free admission with registrationEvent website:https://designinspire.hktdc.com/en/*The event is sponsored by the Cultural and Creative Industries Development Agency (CCIDA).Photo download: https://bit.ly/3XMv1e3 Organised by the Hong Kong Trade Development Council, co-organised by the Hong Kong Design Centre, and sponsored by the Cultural and Creative Industries Development Agency, DesignInspire will be held from 3 to 6 December 2025 DesignInspire once again partners with Maison&Objet, France's prestigious design event, which this year returns under its all-new brand identity Maison&Objet Intérieurs Hong Kong 2025, with nearly double its previous exhibition area International design master Alan Chan (left) and emerging artist Chilai Howard (right) have curated BOTTEGA HONG KONG and TINY STUDIO, deftly infusing Italian design sensibilities while exhibiting Hong Kong’s creative excellence and Italy’s exceptional artistry (From left) Creations from anothermountainman, Moroso and Minotti (From left) Creations from Riccardo Cenedella, Lucia Massari and Joy BCDesigned by Alan Chan, along with UNVEIL and Su Chang Design Research Office, BOTTEGA HONG KONG features a selection of furniture, lifestyle goods and design collectibles from Hong Kong and Italian brands and designers such as Hong Kong creative icon anothermountainman, Italian furniture design powerhouses Moroso and Minotti, as well as Riccardo Cenedella, Venetian glass artist Lucia Massari, and artist and goldsmith Joy BC (From left) Creations from Pen So, Afa Annfa and Andrea Ponti (From left) Edward Chan, and creations from James Lau and Angus TsuiCurated by Chilai Howard, TINY STUDIO features 12 design units including illustrator and comic artist Pen So, visual artist Afa Annfa, Hong Kong based Italian product and industrial designer Andrea Ponti, music producer Edward Chan, tattoo artist James Lau and fashion designer Angus Tsui, each showcasing works that merge design, art and technology while offering their interpretations of both culturesGERI, a smart textile technology company, will collaborate with graphic design master Kan Tai-keung (centre) to present a new series of smart handbags debuting at the fair World-famous Bohemian glass craftsmanship from the Czech Pavilion (left), hand-drawn illustrations and letterpress specialist DittoDitto (centre), and sustainable fashion and lifestyle showroom MATCH SHOWROOM (right) will be joined by other exhibitors for a curated selection of design and art pieces available for collection and purchase at the SHOP Zone Organised by Hong Kong Design Institute, the second Motifx explores the vibrant world of Chinese characters. With the theme “Culture to Nature – A Surreal Garden of Botanical Patterns”, students and designers create a series of inspiring patterns and design worksMedia enquiriesFor enquiries, please contact:Raconteur PR:Betsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkClementine CheungTel: (852) 9248 0876Email: clementinecheung@raconteur.hkHKTDC Communication and Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgStanley SoTel: (852) 2584 4395Email: stanley.hp.so@hktdc.orgHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, 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.About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.CCIDA’s website: www.ccidahk.gov.hk.About Business of Design WeekBusiness of Design Week (BODW), Asia’s premier annual event on design, innovation and brands since 2002, is organised by Hong Kong Design Centre and gathers some of the world’s foremost design masters, brand leaders and entrepreneurs from Hong Kong as well as overseas, driving discourse on the value of design and innovation to inspire global audiences and explore new business opportunities.Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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ARE Unveils Asia’s First Benchmark on Bank Readiness for the Protein Transition ACN Newswire

ARE Unveils Asia’s First Benchmark on Bank Readiness for the Protein Transition

A critical moment for Asia’s banks to align food-and-agri lending with climate and nature targets, UN Sustainable Development Goals, and investor expectationsSINGAPORE, Nov 26, 2025 - (ACN Newswire via SeaPRwire.com) - Asia Research & Engagement (ARE) today released the Protein Transition Bank Benchmark 2025, its first assessment of how banks in Southeast Asia and India are beginning to integrate sustainable food and agriculture considerations into their financing frameworks.Titled, “Banking Asia’s Protein Transition: Financing the Shift Towards Responsible and Sustainable Food and Agriculture Systems”, the study evaluates 24 banks across Singapore, Malaysia, Thailand, Indonesia, the Philippines, and India, offering a comparative view of how prepared financial institutions are in responding to risks and opportunities in supporting a protein-system transition, based on public disclosures.Building Understanding to Support a Resilient Food SystemKate Blaszak, Director, Protein Transition at Asia Research & Engagement (ARE), said, “Food and agriculture are increasingly material to financial stability, sector resilience, and humane and sustainable outcomes across Asia. This benchmark provides a constructive starting point for banks to build understanding of intersectional risks in this critical sector, strengthen capacity for responsible lending, and engage clients on emerging opportunities in sustainable food systems.”Regional Snapshot: Early Signs of MomentumAlthough maturity varies by market, the benchmark finds that banks across the region are starting to recognise food-and agriculture-related risks and the importance of more resilient, lower-impact food systems.Singaporean banks have responsible-lending frameworks in place, and DBS, UOB, and OCBC have all adopted deforestation-exclusion principles. The next steps are to enhance transparency, demonstrating deforestation and cage-free lending, and boost sustainable finance for this sector.Malaysia’s CIMB and Maybank already support sustainable palm production. They can enhance leadership across their livestock exposure through strengthening nature protection by adding feed-related deforestation exclusions and adding responsible antibiotic use and animal welfare principles to their lending criteria.Thailand’s Kasikornbank, Krung Thai, and SCB reflect early alignment with the country’s expanding plant-based and future-food sector, supporting “Kitchen of the World” ambitions with a clear opportunity to demonstrate leadership in alternative proteins and humane production methods.Indonesia and the Philippines face significant exposure to climate, nature and other agricultural risks. Banks such as BCA, Mandiri, and BDO Unibank are at an early stage of integrating sustainability frameworks for this sector. They can strengthen understanding of the need for more sustainable and resilient agri-finance approaches.India’s ICICI is taking early steps by disclosing climate-risk scenario analyses for the sector. Indian banks overall have yet to include deforestation, animal welfare, or antibiotic-use in their lending criteria, but with food and agriculture identified as a “Priority Lending Sector,” there is a clear case for strengthening lending frameworks to underpin nutritional security and climate resilience.Early Signals Emerging, Yet Gaps Remain Across Climate, Nature, and Protein ThemesClimate: Two banks have begun incorporating food and agriculture into their net-zero strategies — an important early signal in a sector where disclosure of decarbonisation pathways is still emerging. Yet, food and agriculture are significant contributors to climate change as well as being severely impacted by climate change.Animal Welfare: Three banks now reference animal welfare in their responsible lending frameworks, marking the first indications of awareness in this area. The development of measurable standards and sustainable finance for cage-free presents a roadmap for practical progress.Antibiotic Use: Singapore’s UOB has taken an initial step by acknowledging antibiotic stewardship. Expanding this into clear principles for lending evaluation could strengthen risk management, and support food safety.Nature & Biodiversity: DBS, UOB, and CIMB have begun aligning with the Kunming–Montreal Global Biodiversity Framework. High-impact next steps include extending this alignment to food-agri lending and incorporating verification of deforestation exclusions.Plant-Based Proteins: DBS, Maybank, and Krung Thai are among the early movers incorporating plant-based and alternative proteins within sustainable and transition-finance frameworks — signaling recognition of SE Asia’s fast-growing future-food markets.Looking Ahead: Financing Asia’s Protein TransitionARE highlights the importance of food and agriculture to Asian economies and the imperative for banks to establish a roadmap for reducing risk and capturing transitional funding opportunities such as plant proteins, deforestation-free feed, humane and nature-based solutions. By learning from leadership among peers and looking towards the models set by some regionally active international banks, Asia’s lenders could help drive sustainable food production with climate, health, animal, and nature protective benefits via more comprehensive responsible lending frameworks and transition finance targets.“The next wave of sustainable finance will be defined by nutrition, nature, compassion, and resilience,” Blaszak said. “Banks that act early can reduce systemic risks and unlock new sources of value.”About Asia Research & Engagement (ARE) ARE brings leading investors into dialogue with Asian-listed companies to address sustainable development challenges and help companies align with investor priorities. With decades of Asia experience, our cross-cultural team understands the region’s unique needs. Our high-quality independent research, robust investor network, and engagement expertise provide corporate leaders and financial decision makers with insights leading to concrete action.To learn more about ARE’s Protein Transition programme: https://asiareengage.com/protein-transition/Contact: Wani DiwarkarEmail: wani.diwarkar@asiareengage.comPhone: +65 9832 0643 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Doubleview Gold Corp. Achieves a Major Breakthrough in Scandium Recovery from Copper Porphyry Tailings ACN Newswire

Doubleview Gold Corp. Achieves a Major Breakthrough in Scandium Recovery from Copper Porphyry Tailings

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - November 25, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce positive first-phase pre-optimization results from its two-year, novel scandium-focused metallurgical test program. These results confirm the technical viability of recovering high-purity scandium oxide alongside copper, gold, cobalt, and other metals from the Company's 100%-owned flagship HAT polymetallic deposit in northern British Columbia.This breakthrough development marks a global first: The successful recovery of scandium from copper porphyry flotation tailings to a scandium oxide product.The primary objective of this extensive test program, conducted at SGS Canada Inc., was to establish a viable proprietary flowsheet enabling scandium to be included in the upcoming, updated mineral resource estimate and preliminary economic assessment, potentially as measured, indicated, or inferred resources. The Company's maiden resource estimate (July 25, 2024) highlighted a scandium potential of 300 to 500 million tonnes grading approximately 40 ppm Sc2O3."The scandium resource potential is based on the drill holes on the property drilled for (July 25, 2024) maiden resource estimate for other metal content than scandium. The potential quantity and grade are conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource."Early metallurgical test work demonstrated that scandium could be extracted from copper flotation tailings. Subsequently, through an innovative robust test work programme at SGS Canada Inc., it has been successfully demonstrated that scandium in flotation tailings can be recovered to a high purity di-scandium tri-oxide product (Sc2O3).Key metallurgical results include:Primary scandium extraction (leach): 82%Overall scandium recovery to high-purity Sc2O3 product: 88%Future work to advance the Hat project will focus on continuous pilot plant testing and further optimization to improve primary extraction and enhance final product purity.Farshad Shirvani, President and CEO of Doubleview Gold Corp., stated:"Today's results are a game-changer for the HAT project and potentially for the entire scandium industry on the world stage. World scandium supply is severely limited although there are several scandium projects currently being considered for development. Our metallurgy program shows that at HAT, we can recover high-value scandium directly from the tailings of a standard copper flotation circuit, using acid produced from internally generated pyrite. If the HAT project advances to production, scandium could become a high-margin bonus on top of a potential world-class copper-gold-cobalt operation.Now that we've established the technical viability of scandium recovery, the next steps will focus on pushing extraction and overall recovery as high as possible through continued optimization and pilot-scale testing. I could not be more excited about what the future holds for Doubleview shareholders and all our stakeholders."The pictures below show the first Scandium Oxide (Sc2O3) produced from the Hat Deposit in the lab. Doubleview now plans to continue its metallurgical optimization program to enhance the recovery of scandium and other metals, including copper, cobalt, gold, and silver, which are critical for the upcoming prefeasibility study.Photo 1: Scandium Oxide (Sc2O3) from the Hat depositTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/275884_4b60eef9a4ae6b97_001full.jpgPhoto2: Scandium Oxide (Sc2O3) from the Hat depositTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/275884_4b60eef9a4ae6b97_002full.jpgQualified Person:EUR ING Andrew Carter B.Sc., CEng., MIMMM (QMR), MSAIMM, SME, Doubleview's Qualified Person with respect to the HAT Project metallurgical studies as defined by National Instrument 43-101, has reviewed and approved the technical content of this news release and is independent of the Company.What is Scandium?Scandium (Sc) , (atomic weight 45.10, density 2.5), a close relative of the Rare Earth elements, possesses exceptional properties when alloyed with other metals, particularly aluminum. It is lightweight, corrosion-resistant, and as an alloy is capable of dramatically improving strength, heat resistance, and weldability without adding significant weight. When combined with aluminum, scandium forms alloys that achieve the strength of steel while maintaining the light weight of aluminum, enabling revolutionary applications in transportation, aerospace, and clean energy. Scandium's scarcity, produced in limited quantities globally, primarily as a byproduct, makes it a high-value critical mineral, with prices often exceeding $5,000 per kilogram. Its applications span aerospace, defense, and increasingly, the clean energy sector, where it plays a pivotal role in advancing sustainable technologies. Global scandium resources are dominated by projects in Australia and northern Europe. Canadian deposits potentially can allow diversity of supply within a stable and mature mining jurisdiction.About Doubleview Gold CorpDoubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) is a Canadian resource company advancing the 100%-owned Hat Polymetallic Project, located in the prolific Golden Triangle of northwestern British Columbia. The Hat hosts a large copper-gold-cobalt-scandium porphyry system with significant critical metal potential. Doubleview is dedicated to responsible exploration, Indigenous engagement, and sustainable development that benefits both shareholders and local communities.Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.For more information, please visit: www.doubleview.caAbout the Hat Polymetallic DepositThe Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below:Open Pit Model Hat Average GradeMetal ContentResource CategoryTonnageCuEqCuCoAuAgCuEqCuCoAuAgMt%%%g/tg/tmillion lbmillion lbmillion lbthousandozthousandozIn PitIndicated1500.4080.2210.0080.190.421,353733289292,045Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575 Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.For further details of the MRE, please refer to the Company's July 25, 2024 news release.On behalf of the Board of Directors,Farshad Shirvani, President & Chief Executive OfficerFor further information please contact:Doubleview Gold CorpVancouver, BC Farshad ShirvaniPresident & CEOT: (604) 678-9587E: corporate@doubleview.caNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Private Placement and other statements concerning the Private Placement; the anticipated use of proceeds from the Private Placement; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company's plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275884 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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PlayLah Sets a New Standard for Casual Mobile Entertainment With Its Global Launch ACN Newswire

PlayLah Sets a New Standard for Casual Mobile Entertainment With Its Global Launch

SINGAPORE, Nov 25, 2025 - (ACN Newswire via SeaPRwire.com) - On November 25, 2025, PlayLah, a product of VOLCANO ENTERTAINMENT PTE. LTD., officially launched its new entertainment-focused casual gaming platform, enabling players to enjoy fast, stress-free mini-games anytime and anywhere.The arrival of PlayLah marks a significant moment in the global casual gaming landscape. In an era where mobile entertainment is increasingly defined by convenience, speed, and simplicity, PlayLah positions itself as a dedicated hub for instant enjoyment. Built from the ground up to match the habits of modern players, it offers a seamless entertainment experience designed for the scattered moments of everyday life. Whether someone wants to relax during a short break, unwind after work, or simply fill a few idle minutes, PlayLah provides a space where fun is always one tap away.A Fresh Take on Casual GamingMobile gaming has gone through several transformations in the last decade. There was a time when players favored large-scale titles with elaborate content and heavy progression systems. Yet the reality of daily life has shifted. More users now prefer games that deliver pleasure quickly, without demanding commitment or long hours. This behavioral shift is particularly visible across Asia, Europe, and the Americas, where busy routines leave limited time for lengthy entertainment sessions.PlayLah identifies this trend and responds with a platform engineered entirely around instant play. Every title available on the app is designed with straightforward mechanics that are easy to grasp within seconds. The gameplay loops are intentionally compact, allowing players to enjoy meaningful fun without any mental burden. This approach enables PlayLah to stand out amid an industry full of complex systems and resource-heavy titles, reminding users that joy can be simple, direct, and accessible.An Ever-Growing Library of Mini-GamesOne of the strengths of PlayLah lies in its diverse collection of mini-games. Unlike traditional single-title apps, PlayLah functions as a curated catalogue where each game offers a different style of entertainment. The selection covers reflex challenges, timing tests, puzzle solving, obstacle runs, casual action, and many other micro-genres that appeal to players of varying preferences.The essence of every game in PlayLah is clarity. Players are not required to memorize rules or understand complicated user interfaces. Each game introduces its objective immediately, letting players jump into action without hesitation. This simplicity does not diminish enjoyment. Instead, it enhances it by maximizing accessibility and minimising barriers to entry. Even players with minimal gaming experience can pick up a game and start having fun instantly.The continuous expansion of the game library also ensures that PlayLah remains fresh over time. New games are added progressively, giving users more content to explore and revisit. This steady growth contributes to long-term engagement, as players have multiple reasons to return and discover what is new each week.Smooth Performance and User-Centric DesignPerformance is a critical part of the PlayLah experience. Many mobile games suffer from long loading times, heavy assets, and battery drain. PlayLah addresses these issues through deliberate technical optimization. During internal and external evaluations, game loading speeds remained consistently fast. Interface responsiveness was smooth across all major device categories, and the overall storage footprint of the app stayed remarkably light.The platform’s user interface was constructed with a focus on clarity and comfort. Instead of overwhelming users with excessive visuals, PlayLah adopts a modern, minimalist style. Screens are clean, layout spacing is carefully balanced, and navigation flows naturally. This calm and structured presentation ensures that users never feel lost or pressured while browsing the game list.Such design choices create an atmosphere of relaxation, which aligns perfectly with the platform’s goal. PlayLah is built not only to entertain but also to serve as a refreshing digital environment where players can unwind without distractions.A Social Platform at Its CoreEven though the games on PlayLah are small in size, the platform itself offers a deep layer of social interactions. PlayLah was developed with the belief that entertainment becomes more meaningful when shared with others. Players can build profiles that reflect their personality through avatars, game collections, and progress markers. They can add friends, track one another’s achievements, and exchange friendly challenges.Leaderboards and rankings allow players to measure themselves against others, both globally and regionally. These rankings are positioned as light-hearted challenges rather than competitive pressure. The intent is to encourage interaction, not to create stress. Achievements, milestones, and performance records further enhance the sense of progression without forcing players into long-term obligations.Through these features, PlayLah transforms quick entertainment moments into an engaging community experience. It becomes a platform where interaction and fun coexist, making gameplay more rewarding and socially vibrant.Fair and Transparent MonetizationMonetization in mobile games is often a concern for players. Many apps rely on intrusive methods, aggressive pop-ups, or essential features locked behind payment. PlayLah takes a very different approach. Its monetization system is transparent, optional, and oriented toward enhancements rather than necessities.Players may purchase decorative items such as avatars and skins, as well as in-app currencies used to unlock aesthetic customization. Seasonal bundles provide additional value during special events. Optional ads are available for users who want extra rewards without spending money. A subscription model is under development to provide consistent value for highly active players.PlayLah ensures that all core content remains free. No essential gameplay mechanics, game modes, or features are restricted by payment. This philosophy prioritizes trust and long-lasting player satisfaction, which is crucial for a platform designed for an international audience.A Product Built for Global ExpansionCasual gaming has a universal appeal that transcends age, culture, and geography. With its accessible design and broad content variety, PlayLah is positioned to enter markets ranging from Southeast Asia and the Middle East to Europe, North America, and Latin America.The app’s lightweight architecture allows it to run on a wide range of devices. It requires minimal storage, loads quickly even in areas with slower network speeds, and does not drain power heavily. These qualities make it particularly ideal for emerging markets where device specifications vary widely.PlayLah’s user interface is also built with future localization in mind. Multi-language support will enable the platform to adapt quickly to the cultural and linguistic needs of various regions. This flexibility contributes to PlayLah’s global growth potential.The Vision Behind the PlatformPlayLah represents the ambitions of Volcano Entertainment Pte. Ltd., a Singapore-based company dedicated to social entertainment and mobile gaming. The company’s vision extends beyond creating a single app. It seeks to build a portfolio of entertainment products that connect people, cultures, and communities through accessible digital experiences.With PlayLah, the company aims to introduce a product that offers creativity, enjoyment, and cross-cultural appeal. The platform’s launch is an important milestone, showcasing the team's commitment to delivering high-quality entertainment.Continuous Innovation and Long-Term RoadmapThe launch version of PlayLah is only the foundation. The development team has already outlined a roadmap filled with new features and improvements. Upcoming updates include real-time multiplayer games, social rooms where players can interact while playing, enhanced community tools, and new daily engagement systems. Seasonal events and themed challenges will further enrich the platform’s content, offering fresh experiences throughout the year.Localization updates will gradually introduce multiple languages to support the platform’s global rollout. In the long term, the team is exploring tools that allow independent developers to contribute their own mini-games to the PlayLah ecosystem. This expansion has the potential to transform the platform into a dynamic creator-driven community.Why PlayLah Stands OutThe mobile entertainment landscape is crowded, yet PlayLah stands out because of its clarity of purpose. It does not attempt to be a large, complex gaming universe. Instead, it focuses on what many players genuinely want: quick relief, simple joy, and accessible fun. In a world full of digital intensity and information overload, PlayLah acts as a refreshing contrast.It serves students needing a quick break, professionals seeking a moment of relaxation, parents wanting light entertainment, and social groups who enjoy friendly challenges. Its strength lies in being simple without being shallow, social without being demanding, and entertaining without being overwhelming.ConclusionPlayLah’s official launch signals the beginning of a new chapter in casual mobile entertainment. By focusing on fast gameplay, friendly design, approachable mechanics, and social connectivity, the platform offers a refreshing and meaningful experience for players around the world.As the platform continues to grow, evolve, and expand internationally, its core mission remains constant. PlayLah will continue delivering instant, joyful entertainment to anyone, anytime, wherever they are.Media ContactCompany: VOLCANO ENTERTAINMENT PTE. LTD.Contact Person: SHENG XIANGEmail: support@playlah.comWebsite: https://playlah.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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EdgePoint and Pahang State Parks Corporation Launch Connectivity for Conservation at the Al-Sultan Abdullah Royal Tiger Reserve, Ulu Tembeling, Jerantut, Pahang ACN Newswire

EdgePoint and Pahang State Parks Corporation Launch Connectivity for Conservation at the Al-Sultan Abdullah Royal Tiger Reserve, Ulu Tembeling, Jerantut, Pahang

KUALA LUMPUR, Nov 25, 2025 - (ACN Newswire via SeaPRwire.com) - EdgePoint Towers Sdn Bhd (“EdgePoint”) – part of EdgePoint Infrastructure, a leading ASEAN-based independent telecommunications infrastructure company – announced the successful deployment of its first-of-its-kind Connectivity for Conservation project at the Al-Sultan Abdullah Royal Tiger Reserve in Ulu Tembeling, Jerantut, Pahang. The project was implemented in partnership with the Pahang State Parks Corporation (Perbadanan Taman Negeri Pahang, PTNP), and The Habitat Foundation (THF).By connecting manned guard posts and camp sites via Low Earth Orbit (LEO) satellite technology, the solution enables real-time coordination and communication for rangers and research staff operating in remote and dense rainforests. It also supports incident reporting, navigation and location tagging for emergency communication and response protocols.Muniff Kamaruddin, Chief Executive Officer of EdgePoint Towers, said, “As part of our Environmental, Social and Governance (ESG) commitment, we are proud to contribute to tiger conservation efforts through the use of technology. Protecting biodiversity is a crucial component of sustainable development, and by leveraging our expertise in connectivity and infrastructure, we aim to strengthen monitoring and protection of Malaysia’s endangered tigers. Through this partnership, we have worked closely with stakeholders to understand and address the complex challenges posed by difficult terrain, unpredictable weather, and wildlife-specific needs”.“Operational constraints such as limited fuel supply and power access require robust solutions and detailed contingency planning to ensure optimal equipment performance with minimal on-site intervention. By integrating off-grid solar and battery systems, these installations will enhance the efficiency of rangers and researchers, providing reliable access to critical data in real time and enabling faster response to tiger sightings and anti-poaching efforts. This initiative also demonstrates how technology-driven insights can shape more effective, data-informed wildlife protection policies” he added.Encik Zainal Abidin bin Othman, the Chief Executive Officer (CEO) of PTNP said, “The Malayan Tiger is listed as critically endangered, with an estimated 150 remaining in the wild in Malaysia. This alarming scarcity highlights the urgent need for innovative and technology-driven approaches to safeguard the species. Through the enhanced connectivity provided by EdgePoint’s solution, PTNP together with the service operator of Al-Sultan Abdullah Royal Tiger Reserve, Enggang Management Services (EMS) Sdn. Bhd. and implementing partners can now benefit with better communications in the deep forest, instead of depending on satellite phones only. This is also one of the risk mitigation plans for the park alongside patrolling and monitoring. Ultimately, this improves the safety for the patrollers while enhancing park management.Justine Vaz, Executive Director from The Habitat Foundation added, “This pioneering initiative highlights the power of collaboration in driving meaningful conservation outcomes. It demonstrates the synergistic potential of partnerships between corporations, government agencies, and NGOs in addressing real-world challenges. The enhanced connectivity will improve coordination and data sharing among conservation stakeholders operating in remote landscapes. It will also be instrumental in reinforcing enforcement coordination and strengthening efforts to protect Malaysia’s endangered tigers. We look forward to seeing the results and insights from this program, which we hope will inform future policy decisions within the reserve and the wider conservation community. Through this partnership, we remain hopeful that we can contribute to the population recovery of this iconic Malaysian species”The Connectivity for Tiger Conservation project marks a pioneering collaboration between technology and conservation, demonstrating how digital infrastructure and connectivity can be powerful in safeguarding Malaysia’s rich natural heritage, supporting biodiversity conservation and ensuring the survival of its critically endangered wildlife.About EdgePoint InfrastructureEdgePoint Infrastructure is an ASEAN based independent telecommunications infrastructure company that aspires towards Building a Connected, Digital ASEAN. With operations in Malaysia, Indonesia and the Philippines, through EdgePoint Towers Sdn Bhd, PT Centratama Telekomunikasi Indonesia, Tbk and EdgePoint Towers Inc. respectively, the company is focused on providing sharable and leading-edge telecom structures, small cells and in-building systems. EdgePoint aims to be an industry leader through scale and innovation, driving operational efficiencies through the adoption of analytics and digital technologies.For more information on EdgePoint, please visit https://edgepointinfra.com/.For Media Inquiries Please Contact:Annushia BalavijendranCommunications, EdgePoint InfrastructureEmail: annushia@edgepointinfra.comJoyce ShaminiNarro CommunicationsEmail: joyce@narrocomms.comTimothy GunapalanNarro CommunicationsEmail: timothy@narrocomms.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Ching Lee Holdings (3728.HK) demonstrates effective business diversification ACN Newswire

Ching Lee Holdings (3728.HK) demonstrates effective business diversification

HONG KONG, Nov 25, 2025 - (ACN Newswire via SeaPRwire.com) – Ching Lee Holdings Limited (“the Group”, stock code 3728.HK) announced its interim results for the six months ended 30 September 2025 with a net profit of approximately HK$2.9 million, a HK$0.9 million lower than the same period of last year. Nonetheless, the Group recorded a significant growth of revenue amounted to approximately HK$791.9 million in the half year. The Group aims to diversify business portfolio and strengthen its industry presence to deliver favorable returns for shareholders. In the period, a new operating segment for “Rental services of leasing of properties” has been included in addition to the existing segments of “Substructure building works services”, “Superstructure building works services”, and “Repair, maintenance, alternation and addition for an existing structure (“RMAA”) works services”. As a result, approximately 38.2% year-on-year higher revenue was recorded with a HK$0.11 million contribution of the rental services. The increase in total revenue was mainly due to a higher income of superstructure building works services driven by more revenue recognized for the projects in the completion stage during the period. The Group will continue to focus on its core businesses and explore potential opportunities in the property rental market.In the past, various macroeconomic factors continued to support the steady growth in Hong Kong construction demand, including the “Long Term Housing Strategy”, launched by the government. In addition, an increase in commercial and industrial transaction volumes in the third quarter of 2025 is also encouraging. As a main contractor in Hong Kong, the Group will continue to utilize its strong partnerships and customer network to identify potential construction projects, including both private-sector and public-sector opportunities, with the aim of further expanding its business footprint.The Group Chairman, Mr. Ng Choi Wah stated, “Looking forward, the Group is confident in Hong Kong’s economic outlook and the prospects of its construction sector. Supported by the recovery in both the rental and property sales markets, alongside a declining interest rate environment, we anticipate continued growth in the property market. This is expected to benefit the local construction industry.”Media enquiries:New Smile Limited Strategic IR & PR ConsultancyTel: +852 2126 7076Jenny Lai jenny.lai@newsmilehk.comJacey Ching jacey.ching@newsmilehk.comElina Zhang elina.zhang@newsmilehk.comNote to editors:Ching Lee Holdings Limited “Ching Lee” or “The Group”Ching Lee Holdings Limited, a limited liability company incorporated under the laws of the Cayman Islands, is a contractor in Hong Kong with over 28 years of experience in public and private sectors. The principal activities of Ching Lee Holdings and its subsidiaries are the provision of construction and consultancy works and project management services in Hong Kong, engaged in providing substructure building works services, superstructure building works services, and repair, maintenance, alteration and addition (RMAA) works services. Ching Lee Holdings Limited was transferred from GEM board to the main board in HKEx on September 18, 2017 with stock code 3728.hk. Company website: http://www.chingleeholdings.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Chuangxin Industries Holdings Limited Debuts on Hong Kong Stock Exchange Today ACN Newswire

Chuangxin Industries Holdings Limited Debuts on Hong Kong Stock Exchange Today

HONG KONG, Nov 24, 2025 - (ACN Newswire via SeaPRwire.com) – On 24 November, Chuangxin Industries Holdings Limited (“Chuangxin Industries” or the “Company”, 02788.HK), a leading integrated producer of electrolytic aluminum and alumina in China, was officially listed on the Main Board of the Hong Kong Stock Exchange. The Company offered a total of 500 million shares globally, with approximately 10% under the Hong Kong Public Offering and approximately 90% under International Offering. The Hong Kong public Offering was oversubscribed by 447.2 times. The final offer price was HK$10.99 per share, with a board lots of 500 shares, raising gross proceeds of approximately HK$ 5,495 million from the global offering. Seventeen cornerstone investors — including Hillhouse, China Hongqiao, Taikang Life, Glencore AG, and Mercuria — subscribed for an aggregate of US$351 million at the offer price, representing nearly 50% of the global offering. As of today’s market close, the Company recorded a strong trading debut, closing at HK$14.59, up 32.76%.Driven by Green Energy and Integrated Strengths to Shape a New Landscape in the Aluminum IndustryChuangxin Industries focuses on the aluminum industry, specializing in alumina refining and aluminum smelting, with operations spanning the production and sales of both electrolytic aluminum and alumina products. The Company has built an integrated ecosystem covering “energy — alumina refining — aluminum smelting”. Since 2012, the Company has established a strong presence in two resource-rich regions—Huolinguole, Inner Mongolia and Binzhou, Shandong Province—achieving a high degree of self-sufficiency in alumina and electricity supply. Leveraging stable, low-cost electricity, the Company maintains efficient production and enhances operational performance. In 2024, its alumina self-sufficiency rate reached approximately 84% and electricity self-sufficiency rate about 88%, significantly above the industry average. At the same time, the Company continues to invest in R&D, advance the integration of the aluminum value chain, and accelerate its green transition to build a more efficient and sustainable production model. At the listing ceremony, Mr. Cui Lixin, Chairman of Chuangxin Industries, stated: “The successful listing of Chuangxin Industries marks a new starting point for us to drive transformation across talent, products, energy and capital. We will further strengthen our advantages in cost, quality, technology and service, and focus on globalization, green development, high-end manufacturing and intelligent innovation, accelerating our journey toward becoming a green aluminum industry group in the global market.”Mr. Cui Lixin, Chairman and Non-executive Director of Chuangxin Industries, attended the listing ceremony at the Hong Kong Stock Exchange.Chuangxin Industries fully explores wind and solar energy to establish a stable green power aluminum business. Several of its self-owned wind and solar plants have already commenced operation, and the Company plans to increase the proportion of green energy usage to over 50% by the end of 2026. This not only helps reduce electricity costs but also enhances the Company’s long-term sustainability. Leveraging its integrated ecosystem and low-cost power advantages, the Company maintains strong competitiveness in operations, production capacity, and raw material supply. Based on its 2024 production output, Chuangxin Industries’ aluminum smelter in Huolinguole, Inner Mongolia has become the fourth-largest electrolytic aluminum production base in North China. Its high-quality, low-carbon products further strengthen the Company’s competitive position in both domestic and international markets.Over the past few years, the Company has maintained steady growth in its performance. Revenue increased from RMB 13.49 billion in 2022 to RMB 13.815 billion in 2023, and further to RMB 15.163 billion in 2024. For the first five months of 2025, revenue reached RMB 7.214 billion, representing a year-on-year increase of 22.6%. Benefiting from the synergies between its alumina and electrolytic aluminum businesses and its low-cost advantages, the Company’s gross profit margin has improved each year, rising from 15.1% in 2022 to 16.9% in 2023 and further to 28.2% in 2024. Net profit rose from RMB 913 million in 2022 to RMB 1.081 billion in 2023, and surged further to RMB 2.63 billion in 2024. This consistent growth demonstrates not only the strong resilience of the Company’s core business but also its ability to navigate market volatility, laying a solid foundation for continued expansion in domestic and overseas markets.Capturing Market Opportunities and Advancing Capacity and Overseas ExpansionAccording to CRU, global electrolytic aluminum consumption is expected to grow at a CAGR of 1.6% from 2025 to 2028, while China’s annual demand gap for electrolytic aluminum is projected to exceed one million tonnes and last until 2034.The report also indicates that China is the world’s largest electrolytic aluminum market, with an industry scale of approximately RMB 897 billion in 2024, accounting for around 71% of global demand, and is expected to maintain its leading position in 2028. In response to the sustained growth in market demand and the structural supply gap, Chuangxin Industries focuses on the two most value-added segments—alumina refining and aluminum smelting. Leveraging its integrated ecosystem of “energy – alumina refining – aluminum smelting”, the Company continues to enhance production efficiency and operational performance. Its electrolytic aluminum output per capita reached approximately 590 to 670 tonnes, 2.2 to 2.6 times the industry average. In 2024, the Company achieved an alumina self-sufficiency rate of about 84% and an electricity self-sufficiency rate of about 88%, while maintaining a cash cost of approximately RMB 15,112 per tonne of electrolytic aluminum, ranking in the top 5% in China and top 30% globally— demonstrating its strong capabilities in cost control and capacity management. Beyond the China market, CRU forecasts that electrolytic aluminum demand in the Middle East and Southeast Asia will grow at CAGRs of approximately 4.6% and 3.0%, respectively, from 2025 to 2028, with the Middle East well-positioned to absorb capacity due to its energy advantages. The Company’s integrated electrolytic aluminum project launched in Saudi Arabia is built upon these regional growth trends and energy-related advantages, laying a critical foundation for its overseas capacity deployment and aligning with the global shift of aluminum production toward low-energy-consumption regions. As demand for aluminum continues to rise in emerging sectors such as new energy vehicles, photovoltaics and energy storage—while global supply remains constrained by environmental requirements and capacity approval policies— Chuangxin Industries is leveraging its high self-sufficiency, cost competitiveness and expanding overseas footprint to effectively capture market opportunities, underscoring its leading position and long-term growth potential.Looking ahead, the Company will make full use of the proceeds from the listing to further expand production capacity, enhance technology and R&D capabilities, and strengthen market competitiveness. The proceeds will be primarily used for overseas production capacity expansion, green energy projects, as well as working capital and general corporate uses. The combination of global demand growth, China’s structural supply gap, and the rising demand potential in the Middle East enables the Company’s investments to secure an early presence in key growth markets and establish a more resilient supply chain system. Supported by advanced technology and its integrated ecosystem, Chuangxin Industries will continue to enhance the competitiveness of its core businesses, expand its presence in domestic and international markets, promote the sustainable development of its electrolytic aluminum and alumina operations, consolidate its market position, capture industry growth opportunities, and demonstrate its strength and vision as a leading enterprise in China’s green aluminum industry. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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TransNusa Expands Regional Network With Launch of Jakarta-Penang Route ACN Newswire

TransNusa Expands Regional Network With Launch of Jakarta-Penang Route

PENANG, Malaysia, Nov 24, 2025 - (ACN Newswire via SeaPRwire.com) - TransNusa today marked another significant milestone in its regional expansion strategy with the inauguration of its Jakarta–Penang route, further strengthening the airline's growing presence across Southeast Asia.The new service underscores TransNusa's commitment to enhancing international connectivity while supporting rising travel demand between Indonesia and Malaysia.The first scheduled flight on the route took off this morning, with operations initially set for Monday, Wednesday, and Friday. Beginning December 1, the airline will transition to daily flights, with plans to increase frequency in 2026 as part of its broader network growth roadmap.Expanding Network Connectivity in MalaysiaTransNusa Group CEO Dato' Bernard Francis said the launch of the Jakarta–Penang service is a strategic step aligned with the airline's vision of expanding access to major regional hubs."Penang International Airport (PIA) is Malaysia's second-busiest airport and provides access to more than 20 international and domestic destinations," he said."It has become the strongest alternative to KLIA, offering robust long-term incentive structures that many secondary airports in the region do not yet provide. This made the Jakarta–Penang route not only viable but highly strategic for our network expansion."Dato' Francis noted that the route was realised in under six months through close collaboration with Tourism Malaysia and Penang International Airport, reflecting strong cross-border support to improve passenger mobility.Strengthening Regional PresencePenang becomes TransNusa's third active route connecting Indonesia and Malaysia, following Jakarta–Kuala Lumpur. The airline's growing presence in Malaysia reinforces its ambition to become a key player in the region's travel segment.With Visit Malaysia 2026 approaching, TransNusa continues to work with Tourism Malaysia to boost bilateral travel, including promotional activities, trade engagements, and connectivity support for industry stakeholders.Flight DetailsTransNusa's scheduled flight 8B 633 will depart Soekarno–Hatta International Airport at 5:30am and arrive at Penang International Airport at 9:00am. The returning service, 8B 632, will depart Penang at 9:30am and land in Jakarta at 10:55am.Fares for TransNusa's scheduled Penang–Jakarta route start from IDR1.199.000, RM299, CNY520, USD75, AUD109, and SGD100.For its international flights, TransNusa not only provide premium services with competitive ticket prices, but the airline also has attractive product bundles called SEAT, SEAT-PLUS and FLEXI-PRO. "Our passengers will enjoy check-in baggage 20kgs," 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 services such as free baggage up to 30kgs, free to choose seats, free food, and drinks, priority at check-in and boarding counters," Datuk Bernard explained.In addition, TransNusa also provides its FLEXI-PRO passengers with the flexibility to change their flight schedule without restrictions and obtain refund when needed." added Datuk Bernard.TransNusa, which aims to ensure its passengers travel with ease and comfort, has also configured their A320s with a 174-seat configuration, which allows for passengers to enjoy about 30 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." stressed Datuk Bernard.Datuk Bernard Francis...TransNusa is strengthening its connectivityTransNusa, A Short HistoryThe 3-year old TransNusa, led by aviation expert and veteran, Datuk Bernard made waves in the aviation industry with its unique domestic and international business development and growth strategy.Within just 6 months of operations, in 2023, the airline, known then as a new player with new rules, launched its first international route between Jakarta and Kuala Lumpur, followed by the launch of scheduled flights between Jakarta and Singapore.TransNusa, which established itself as a Premium Service Carrier, made headlines in Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia to introduce new exciting routes. In 2023, during its first year of operations, TransNusa became the second Indonesian airline to receive approval to fly to China. In 2024, TransNusa became the first in the world to develop and introduce a new domestic route connecting Bali and Manado. In October 2025, TransNusa added yet another milestones by becoming the first Indonesian airline and second airline in the world to launch scheduled flights from Manado to Guangzhou, China.MEDIA CONTACTTrina Thomas RajMobile: +6012 4992672E-mail: trina@myqaseh.org Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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PLN Strengthens Its Pathway to the Global Carbon Market Through Energy Transition Investments ACN Newswire

PLN Strengthens Its Pathway to the Global Carbon Market Through Energy Transition Investments

Belem, Brazil, Nov 24, 2025 - (ACN Newswire via SeaPRwire.com) - PT PLN (Persero) reaffirmed its role as the driving force of Indonesia's decarbonization agenda by advancing the development of a national carbon market aligned with global standards. This commitment was conveyed during a panel discussion titled "Scaling-Up Carbon Markets: Opportunities for Global Collaboration" at COP30 in Belém, Brazil, where PLN outlined concrete plans to enhance integrity, transparency, and the interoperability of Indonesia's carbon market with international systems.Hanif Faisol Nurofiq (L) with the Norwegian Minister of Climate and Environment, Andreas Bjelland Eriksen (R), the Director of Technology, Engineering, and Sustainability at PLN, Evy Haryadi (2nd from L), and the Executive Director of the Global Green Growth Institute (GGGI), Sang-Hyup Kim (2nd from R) after the signing of the Mutual Expression of Intent for the Generation-Based Incentive Programme between PLN and GGGI at the Indonesia Pavilion in Belém, Brazil during COP 30 - the 30th Conference of the Parties. (13/11).Deputy Speaker of the People's Consultative Assembly of the Republic of Indonesia (MPR RI) Eddy Soeparno emphasized that Indonesia's success in sustaining low-carbon economic growth depends heavily on regulatory consistency and collaboration among stakeholders—both domestically and globally. COP30, he said, represents a pivotal moment for Indonesia to demonstrate its readiness to lead a credible carbon ecosystem in the region."Indonesia must send a clear signal that we are ready to build a transparent, measurable carbon ecosystem capable of creating real economic value. Cross-sector policy alignment is no longer optional—it is essential for our carbon market to truly become the hub of regional collaboration," Eddy stated.Meanwhile, the Director of Carbon Economic Value Governance at the Ministry of Environment of the Republic of Indonesia, Ignatius Wahyu Marjaka, affirmed that Indonesia has prepared strategic measures aligned with international carbon trading standards and mechanisms. These efforts include collaboration with partner countries, global certification bodies, and the development of platforms that integrate domestic and international carbon trading instruments."Indonesia has actually begun developing international carbon market policies by introducing bilateral agreements with several partner countries, including Norway," Wahyu explained.He added that strengthening the integrity of the carbon market remains a national priority, particularly in improving cross-sector understanding, infrastructure readiness, and governance capacity. Wahyu stressed that technology, transparency, and accountability are key elements in ensuring Indonesia's credibility in the global carbon market.PLN's Director of Technology, Engineering, and Sustainability, Evy Haryadi, explained that Indonesia holds vast potential to build a robust carbon ecosystem, and PLN is ready to serve as its catalyst.In the Electricity Supply Business Plan (RUPTL) 2025–2034, PLN targets the addition of 52.9 GW of renewable energy, including baseload, variable energy, and energy storage systems."PLN's renewable energy expansion potential could generate up to 250 million tons of green attributes. This is not just regulatory compliance, but a real opportunity to create green economic value and accelerate the national energy transition. PLN is ready to be the catalyst that ensures a credible carbon market," Evy said.PLN guarantees that each issuance of carbon credits meets global standards and follows the key principles of high-integrity carbon. PLN continues to strengthen international collaboration, including with the Government of Norway, focusing on scheme and governance development, capacity building, and harmonization of global standards with national policies—ensuring Indonesian carbon credits are accepted in international markets.PLN asserts that these efforts reflect Indonesia's contribution to playing a strategic role in the global climate agenda while delivering reliable, affordable, and sustainable energy for all.About PLNPT PLN (Persero) is Indonesia's state-owned electricity company, committed to continuous innovation and delivering the best service to its customers. PLN drives its Transformation 2.0 agenda with the vision of becoming a Top 500 Global Company and the No. 1 choice for energy solutions. This is achieved through sustainable business growth, end-to-end digitalization, energy transition initiatives supporting Net Zero Emissions (NZE), and the development of world-class human capital. https://web.pln.co.id Contact:Gregorius Adi TriantoExecutive Vice President, Corporate Communications & CSR, PLNTel. +62 21 7261122Fax. +62 21 7227059 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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IMPC Commits Rp250 billion (USD 15 million) to Build ASEAN’s Leading Polymer Training Center, Partnering with SKZ-German Plastics Center ACN Newswire

IMPC Commits Rp250 billion (USD 15 million) to Build ASEAN’s Leading Polymer Training Center, Partnering with SKZ-German Plastics Center

JAKARTA, Nov 24, 2025 - (ACN Newswire via SeaPRwire.com) - PT Impack Pratama Industri Tbk (IMPC) is making one of its most ambitious moves, pledging an investment of nearly Rp250 billion (USD ~15 million) by 2026 to establish the Impack Polymer Science Institute (IPSI). This capital commitment is more than a milestone for IMPC, it is a bold investment in Indonesia's future workforce and economic progress.IMPC Commits Rp250B (US$15M) to Build ASEAN's Leading Polymer Training Center.IPSI is envisioned to become ASEAN's most respected polymer/plastics learning hub, serving industry players, students, and professionals interested in the polymer industry. Its initial purpose is clear and urgent: to close Indonesia's skills gap, reduce unemployment, enhance workforce quality, and accelerate innovation.At the core of ISPI's credibility is its partnership with SKZ - German Plastics Center (SKZ - Das Kunststoff Zentrum), one of Germany's and the world's most influential plastics institutes. With over 60 years of experience shaping global standards, SKZ now extends its expertise to Indonesia through IPSI.Through an intensive 'Train the Trainer' program, IPSI's lead instructors will be mentored directly by SKZ's experts with both strong academic backgrounds and industrial experience. This gives IPSI an immediate competitive edge, launching not as a local training center, but as an internationally recognized education hub."In a time of rapid industrial change, technological innovations, and global economic uncertainty, building a stronger talent pool is no longer optional, it's essential," said Haryanto Tjiptodihardjo, the President Director of IMPC. "By investing in IPSI, we are opening access to world-class training, empowering people to secure better jobs, earn higher incomes, and build a more resilient future as their skills grow."And this is exactly what 'Doing Well by Doing Good' means to us, creating long-term added value for the business by doing the greater good, such as uplifting the income of people and communities. Our investment of approximately Rp250 billion (roughly USD15 million) into IPSI, covering world-class polymer training and state-of-the-art facility development, stands as a clear testament to that commitment," continued Haryanto."For us at SKZ, it is a great honour and recognition to be part of this commitment. The IPSI concept is well thought out, designed to meet people's needs, and is set to be a success. With our international 'Train the Trainer' programme, we are making an important contribution to this," added Matthias Ruff, the Head of Sales Training & Research, Procuration at SKZ.Beyond IPSI, IMPC is also allocating Rp150 billion (USD ~9 million) for R&D over the next five years through its Impack Research and Innovation Center (IRIC), strengthening innovation across its building products and processing technologies. With these strategic investments and partnership, IMPC is not just leading the polymer industry, it is defining its future, creating enduring value for its stakeholders and for Indonesia.About SKZ – KFE gGmbhFounded in 1961, SKZ – Das Kunststoff-Zentrum (The German Plastics Center) is Europe's and the world's leading authority in polymer technology, recognized worldwide for its expertise in quality testing, certification, and industry-focused education. With over 60 years of experience, 13.000 participants, and more than 600 training and knowledge-transfer programs conducted annually, SKZ plays a pivotal role in advancing global plastics competency. Its research efforts focus on practical, market-driven innovation and continuous improvement of production technologies. https://www.skz.de/en About PT Impack Pratama Industri TbkThe Company was founded in 1981 and listed on the Indonesian Stock Exchange on December 17, 2014 under the code "IMPC." The Company's main business activity is the production and distribution of building materials and plastic goods. The Company has a wide range of products classified into three segments namely roofing, façade, and materials. To date, the Company still holds the position as the market leader for its main products that the Company markets under the popular brands of SolarTuff, TwinLite, and Alderon. https://www.impack-pratama.com.For further information, please contact:Lenggana LinggawatiCorporate SecretaryPT Impack Pratama Industri TbkEmail: corporate.secretary@impack-pratama.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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playX Receives the ‘Enterprise Award’ at the Asia Golden Star Awards in Tokyo ACN Newswire

playX Receives the ‘Enterprise Award’ at the Asia Golden Star Awards in Tokyo

TOKYO, Nov 22, 2025 - (ACN Newswire via SeaPRwire.com) - playX has been presented with the prestigious "Enterprise Award" at the Asia Golden Star Awards in Tokyo. CEO Mark Carter attended the ceremony in person to accept the award on behalf of the playX team.This recognition is especially meaningful because it comes from Japan—a country globally respected for its strict standards, disciplined evaluation methods, and strong culture of fairness. Being acknowledged in such an environment represents a powerful affirmation of playX's credibility and operational integrity.Event highlights video: https://youtu.be/SkOmoMbcLVA?si=l7-eD2d0xvvJvodK"Being acknowledged in Japan truly means something," said Carter. "Japan is known for its precision, discipline, and commitment to trust. When a market this rigorous recognizes your enterprise, it gives users across Asia and around the world a deeper sense of confidence."Why playX Was Selected:- AI-driven integrity systems ensuring fairness- Transparent user experience- Strong international development- Long-term commitment to user trustThis award marks a significant milestone as playX expands across Asia, further strengthening its position as a trusted, forward‑looking gaming technology enterprise.Official ChannelsFacebook: https://www.facebook.com/playX.myInstagram: https://www.instagram.com/playx.my/Telegram: https://t.me/playXofficialYouTube: https://www.youtube.com/@playXOfficial8Media contactBrand: playXContact: Media teamEmail: marking@playxgaming.comWebsite: https://playx.my Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Kyrgyz Republic Launches First Issuance of Gold-Backed Stablecoin USDKG ACN Newswire

Kyrgyz Republic Launches First Issuance of Gold-Backed Stablecoin USDKG

NEW YORK, Nov 21, 2025 - (ACN Newswire via SeaPRwire.com) - The Kyrgyz Republic has officially launched the first issuance of its national stablecoin, USDKG, a digital token backed by physical gold and pegged to the US dollar. The launch ceremony took place at the Administration of the President of the Kyrgyz Republic and marks a significant milestone in the nation's digital transformation and economic modernization.The event was attended by Sadyr Japarov, President of the Kyrgyz Republic; Almaz Baketaev, Minister of Finance of the Kyrgyz Republic; and Biibolot Mamytov, CEO of Gold Dollar. During the ceremony, the dignitaries pressed the symbolic “Launch Issuance” button, officially initiating the circulation of 50,140,738 USDKG tokens, each equivalent to one US dollar and fully backed by physical gold.A New Era for Kyrgyz Digital FinanceUSDKG is a gold-backed stablecoin fully supported by the Kyrgyz Republic. Designed as a transparent, secure, and stable digital currency, USDKG combines the reliability of gold with the efficiency of blockchain technology.The launch opens up new opportunities for Kyrgyzstan to strengthen its position in the global financial ecosystem. It lays the groundwork for the development of a Web3 infrastructure - an ecosystem of decentralized services enabling interaction between public and private sectors through blockchain solutions.In addition, USDKG enhances Kyrgyzstan's investment appeal, paving the way for capital inflows and technological partnerships. By introducing a stablecoin backed by real assets, the initiative promotes greater confidence in financial innovation and demonstrates that digital instruments can be underpinned by tangible value while serving the broader economy.Public Oversight and Private ExpertiseThe issuance of USDKG is carried out by a company with 100% state participation, ensuring a high level of investor trust and institutional reliability. Operational control - including gold management - is delegated to a private company registered in the Kyrgyz Republic, under a contractual agreement with the USDKG issuer.This separation of responsibilities ensures independent operational oversight and confirms that USDKG is not classified as a Central Bank Digital Currency (CBDC).A Strategic MilestoneThe launch of USDKG marks a new chapter for Kyrgyzstan as the country confidently enters the era of digital assets while preserving the enduring value of its national wealth - gold.For more information about USDKG and its reserve mechanisms, please visit the official website: www.usdkg.comMedia ContactCompany: USDKGContact: William CampbellWebsite: https://www.usdkg.com/ Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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OMP Miami Conference 2025: Transforming Supply Chain Vision into REAL Impact with Human-AI Synergy ACN Newswire

OMP Miami Conference 2025: Transforming Supply Chain Vision into REAL Impact with Human-AI Synergy

MIAMI, FL, Nov 20, 2025 - (ACN Newswire via SeaPRwire.com) - OMP, a global leader in supply chain planning solutions, brought together global supply chain executives, technology innovators, and strategic partners at the OMP REAL Conference 2025 in Miami. Held on November 18-19, the event showcased how agentic AI, decision-centric planning, and human-AI collaboration are reshaping the future of supply chain planning. A key highlight was UnisonIQ, OMP's advanced AI orchestration framework, designed to support faster and smarter decisions across global supply chains.Panel discussion at OMP ConferenceTransforming supply chain vision into REAL impact with human-AI synergyFortune 500 leaders share real-world transformation storiesSupply chain leaders from Arxada,AstraZeneca, Beiersdorf, Eastman, Johnson & Johnson, Kraft Heinz, Land O'Lakes, and Visy shared compelling case studies demonstrating tangible results:AstraZeneca outlined how they scaled Unison Planning™ across global operations, implementing decision-centric planning to improve agility and decision confidence in volatile markets.Beiersdorf revealed how AI-driven insights empower planners to make more informed, impactful decisions across their supply chain.Eastman showcased the integration of sustainability into core planning processes, demonstrating how they balance business performance with environmental goals.Participants from Kraft Heinz, Johnson & Johnson, and Land O'Lakes emphasized the growing importance of collaboration and shared innovation as companies work to make supply chains more resilient and adaptive.Agentic AI takes center stageUnder the conference theme ‘REAL - Real expertise. Real solutions. Real results.', attendees explored how AI is transforming supply chain planning. Keynote speaker Kevin O'Marah, Co-Founder and Chief Research Officer at Zero100, delivered bold insights on how agentic and autonomous AI are transforming planner roles and redefining supply chain resilience.The Unison Plaza served as an innovation hub where OMP experts showcased Unison Planning™, including UnisonIQ, the AI orchestration framework, and Unison Companion, its AI assistant. Live demos highlighted how AI-powered decision intelligence delivers always-on visibility, agility, and collaboration across end-to-end supply chains. Strategic alliance partners including Microsoft Azure, Rulex, Nulogy, EY, Deloitte, and Bluecrux showcased ecosystem innovations that accelerate digital transformation across industries.A community united by progress"Our customers are at the forefront of supply chain innovation," said Paul Vanvuchelen, CEO at OMP. "Through human-AI synergy, they are redefining global supply chains with measurable impact across efficiency, service, and resilience. This conference brought our community together and reaffirmed our shared commitment to shaping the future of supply chain planning."About OMPOMP helps companies facing complex planning challenges to excel, grow and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper and packaging - benefit from using OMP's unique Unison Planning™.Contact InformationPhilip VervloesemChief Commercial & Markets Officerpvervloesem@omp.com+1-770-956-2723SOURCE: OMPRelated Images Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Doubleview Gold Corp. Highlights Scandium Potential at Hat Project, a Key Enabler for the Electrification Economy ACN Newswire

Doubleview Gold Corp. Highlights Scandium Potential at Hat Project, a Key Enabler for the Electrification Economy

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - November 20, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company"), is a leading Canadian exploration company that is currently finalizing a Preliminary Economic Assessment (PEA) and updated Preliminary Resource Estimate (MRE) at its Hat Critical and Strategic Metals deposit in the so-called Golden Triangle of northwestern British Columbia. This News Release discusses the importance of Scandium, an important component of the Hat deposit.The Hat deposit hosts significant scandium potential estimated at 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3, representing one of the world's largest undeveloped scandium deposits. Doubleview anticipates releasing results from its 2-year metallurgical analysis program in the immediate future when details are received from its metallurgical consultants and laboratories. The Company anticipates the analysis will confirm high scandium recovery rates and enable its inclusion in the upcoming updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA), both of which are expected to be finalized before the end of 2025. As the global shift toward electrification accelerates, scandium emerges as a vital material for enhancing energy efficiency and supporting clean technologies. The Hat Project, with its unique polymetallic profile including copper, gold, cobalt, silver, and scandium, positions Doubleview to contribute significantly to this transition.What is Scandium?Scandium (Sc), (atomic weight 45.10, density 2.5), a close relative of the Rare Earth elements, possesses exceptional properties when alloyed with other metals, particularly aluminum. It is lightweight, corrosion-resistant, and as an alloy is capable of dramatically improving strength, heat resistance, and weldability without adding significant weight. When combined with aluminum, scandium forms alloys that achieve the strength of steel while maintaining the light weight of aluminum, enabling revolutionary applications in transportation, aerospace, and clean energy. Scandium's scarcity, produced in limited quantities globally, primarily as a byproduct, makes it a high-value critical mineral, with prices often exceeding $5,000 per kilogram. Its applications span aerospace, defense, and increasingly, the clean energy sector, where it plays a pivotal role in advancing sustainable technologies. Global scandium resources are dominated by projects in Australia and northern Europe. Canadian deposits potentially can allow diversity of supply within a stable and mature mining jurisdiction.The Hat Project: A Significant Scandium DepositAt Doubleview's Hat Project scandium is hosted by a large scale alkalic porphyry system that is one of the world's very few scandium-bearing deposits. Recent drilling and resource updates, including the maiden Mineral Resource Estimate released in July 2024 and subsequent expansions announced in October 2025, have confirmed an increased footprint and potential volume for the polymetallic deposit. The Hat Deposit is distinguished by its robust mineralization, with scandium occurring with what the Company anticipates being economically viable concentrations of copper, gold, cobalt, and silver. Doubleview's exploration, including mapping and geophysical and geochemical surveys and more than 100 drill holes, has outlined shallow and deep mineralized horizons, that confirm the deposit's scale and its potential to become a leading source of base and precious metals, including not only copper and gold but also cobalt, silver and scandium.Advanced Metallurgy and High Recovery RatesDoubleview has made significant investment in metallurgical test work in support of its Hat Project with the objective of optimizing the efficient extraction and recovery of its component metals. High recoveries will enhance project economics by maximizing value from the ore. Notably, the Company's ongoing metallurgical studies, as highlighted in recent progress updates, will refine these techniques further, ensuring environmentally responsible and cost-effective production.Doubleview believes its Hat deposit's polymetallic nature and physical characteristics offer a unique and very valuable advantage as scandium can be recovered as a secondary product alongside primary gold and copper production. The by-product concept minimizes incremental costs, leveraging the same mining and milling operations to unlock scandium's value. By treating scandium as an enhancement to the core copper-gold operation, Doubleview can achieve diversified revenue streams while maintaining operational efficiency, transforming what could be a standalone challenge into a synergistic opportunity.Scandium's Value in the Electrification EconomyIn the rapidly growing electrification economy, scandium may play a transformative role by enabling lighter, more efficient, and durable materials essential for electric vehicles (EVs), renewable energy systems, and advanced power generation. When alloyed with aluminum, scandium creates super-strong, lightweight composites that reduce vehicle weight by up to 20-30%, extend EV battery range, and improve overall energy efficiency. Outstandingly this is critical for the transportation industry's push toward zero-emission where every gram saved translates to greater sustainability and cost savings.Beyond EVs, scandium as a catalyst is a key component in solid oxide fuel cells (SOFCs), which generate clean electricity from hydrogen or natural gas with high efficiency and low emissions. Scandium-stabilized zirconia electrolytes in SOFCs enhance ionic conductivity, lower operating temperatures, and increase cell lifespan, making them ideal for distributed power generation in data centers, industrial facilities, and microgrids. As governments worldwide invest in hydrogen infrastructure and fuel cell technologies to meet net-zero goals, demand for scandium is projected to surge, potentially outstripping current global supply of around 15-20 tons annually. The Hat Project's scandium resources align perfectly with this demand, offering a secure, domestic source to support the world's clean energy ambitions."Scandium represents a game-changer for Doubleview and the broader electrification landscape," said Farshad Shirvani, President and CEO of Doubleview Gold Corp. "Our Hat Project not only bolsters Canada's critical minerals strategy but also positions us to deliver high-value materials that drive innovation in clean energy and transportation."Doubleview continues to advance the Hat Project through drilling, metallurgical optimization, and resource expansion, with plans for more updates in the coming weeks. Our metallurgical consultants will provide further progress reports that we will share in new releases.About Doubleview Gold CorpDoubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) is a Canadian resource company advancing the 100%-owned Hat Polymetallic Project, located in the prolific Golden Triangle of northwestern British Columbia. The Hat hosts a large copper-gold-cobalt-scandium porphyry system with significant critical metal potential. Doubleview is dedicated to responsible exploration, Indigenous engagement, and sustainable development that benefits both shareholders and local communities.Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.For more information, please visit: www.doubleview.ca.Qualified Persons:Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.About the Hat Polymetallic DepositThe Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below: Average GradeMetal ContentOpen Pit Model HatResource CategoryTonnageCuEqCuCoAuAgCuEqCuCoAuAgMt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand ozIn PitIndicated1500.4080.2210.0080.190.421,353733289292,045Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575 Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.For further details of the MRE, please refer to the Company's July 25, 2024 news release.On behalf of the Board of Directors,Farshad Shirvani, President & Chief Executive OfficerFor further information please contact:Doubleview Gold CorpVancouver, BC Farshad ShirvaniPresident & CEOT: (604) 678-9587E: corporate@doubleview.caNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Private Placement and other statements concerning the Private Placement; the anticipated use of proceeds from the Private Placement; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company's plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275302 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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PLN Reaffirms Commitment to Advancing a Just Energy Transition at COP30 ACN Newswire

PLN Reaffirms Commitment to Advancing a Just Energy Transition at COP30

Belem, Brazil, Nov 20, 2025 - (ACN Newswire via SeaPRwire.com) - PT PLN (Persero) reaffirmed its commitment to accelerating a just and equitable energy transition through concrete measures and strengthened global partnerships. During the 30th Conference of the Parties (COP30) in Belém, Brazil, on Monday (11/10), PLN took part in the CEO Talk titled "Corporate Climate Leadership for Indonesia's Net Zero Action through High Integrity Carbon."Asahan 3 Hydroelectric Power Plant (PLTA) with a capacity of 2x87 megawatts (MW) in Toba Regency, North Sumatra, Indonesia. This renewable energy–based power plant utilizes the potential of the Asahan River flow to produce reliable and sustainable electricity for the Sumatra power system.Evy Haryadi, PLN's Director of Technology, Engineering & Sustainability, emphasized that the 2025–2034 Electricity Supply Plan (RUPTL) marks a major shift toward a greener energy pathway compared to its predecessor. "While the previous RUPTL outlined the development of around 21 gigawatts (GW) of renewable energy, the current plan increases this capacity to approximately 52.9 GW (including storage) for the 2025–2034 period," Haryadi said.In addition, PLN is taking steps to lower emissions from its existing power plants. A key initiative is its active involvement in Indonesia's carbon trading scheme, which serves as a strategic mechanism to support the gradual and sustainable decarbonization of the power sector."Beyond emission trading for existing plants, PLN is also developing various carbon financing mechanisms as innovative funding sources to accelerate the energy transition. These mechanisms are expected to attract more green investment and help establish a low-carbon power system," Haryadi added.These efforts are complemented by PLN's development of a national Smart Grid, which will enable renewable energy to be integrated into the power system more efficiently and reliably. Haryadi emphasized that the Smart Grid is a critical foundation for expanding the integration of variable renewable energy (VRE) across the national grid.Indonesia's energy transition strategy goes beyond simply increasing renewable capacity — it also prioritizes preparing the power system to absorb, distribute, and balance a rising share of clean electricity. This approach, known as Complementing Renewable Expansion, ensures that renewable growth is supported by the necessary infrastructure.Through this strategy, PLN will scale up investments in energy storage systems, flexible power generation, and robust inter-regional transmission networks. The aim is to integrate renewable energy efficiently while maintaining system reliability and affordability. This approach also paves the way for Indonesia's renewable capacity to exceed 75% within the next decade.Haryadi highlighted that PLN's renewable expansion has the potential to generate up to 250 million tons of emissions-reduction certificates. He noted that this effort goes beyond regulatory compliance, representing a significant opportunity to accelerate the national energy transition."This green-attribute potential reflects not only PLN's technical readiness to grow clean energy, but also its role in driving Indonesia's green economy. Every ton of reduced emissions should translate into real value for the nation, investors, and society," he said.PLN also aims to surpass regulatory requirements by maximizing the added value of its decarbonization initiatives, while strengthening cross-sector partnerships and innovative financing to support its transition agenda."Support from international financiers, technology transfer, and high-integrity carbon market mechanisms is essential to ensure the energy transition progresses in an inclusive and equitable manner," Haryadi concluded.About PLNPT PLN (Persero) is Indonesia's state-owned electricity company, committed to continuous innovation and delivering the best service to its customers. PLN drives its Transformation 2.0 agenda with the vision of becoming a Top 500 Global Company and the No. 1 choice for energy solutions. This is achieved through sustainable business growth, end-to-end digitalization, energy transition initiatives supporting Net Zero Emissions (NZE), and the development of world-class human capital. www.pln.co.id ContactGregorius Adi TriantoExecutive Vice President, Corporate Communications & CSR, PLNTel. +62 21 7261122Fax. +62 21 7227059Source: Antara for PLN ( https://web.pln.co.id/en/sustainability/sustainability ) Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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