Trio AI Establishes Partnership Ecosystem for Artificial Intelligence Super Computing (AISC) ACN Newswire

Trio AI Establishes Partnership Ecosystem for Artificial Intelligence Super Computing (AISC)

HONG KONG, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - Trio AI Limited (“Trio AI”), an artificial intelligence (AI) infrastructure service provider in Asia with a computing power of more than 1,000 GPUs, is enhancing the regional technology applications and ecosystem. Trio AI recently announced the signing of a Memorandum of Understanding (MOU) with HKT Limited (“HKT”) to explore opportunities in the Artificial Intelligence Super Computing (AISC) solution through their combined business networks and expertise. In addition, Trio AI is collaborating with METAX to leverage AI computing resources supported by METAX chips, introducing more diverse cloud services. This collaboration aims to help enterprises unleash their full potential during digital transformation, marking a significant step in advancing Hong Kong as an International Innovation and Technology (I&T) hub, providing computing power solution for large model training.In the rapidly evolving AI landscape, GPUs, which are key components of parallel computing, are experiencing significant market growth. According to Verified Market Research1, the global GPU market size was valued at US$33.47 billion in 2021 and is projected to reach US$477.37 billion by 2030, growing at a compound annual growth rate of 33.3% from 2022 to 2030, demonstrating strong market expansion.On 11 December 2024, Dr. David Chung, Chief Executive Officer, Trio AI, and Mr. Dennis Chung, Senior Vice President, Product Marketing & Solutions Consulting, Commercial Group, HKT, signed the MOU, in the witness of Mr. Chow Kok Kit, Executive Director, Valuetronics Holdings Ltd., and Mr. Steve Ng, Managing Director, Commercial Group, HKT. This agreement establishes a collaborative framework to explore the opportunities to resell, market and promote the AISC solution in Hong Kong, the Greater Bay Area, and Southeast Asia.Dr. David Chung, Chief Executive Officer, Trio AI, said, "Artificial intelligence is poised to revolutionize all industries, driving unprecedented innovation, efficiency, and growth. From logistics to creative, healthcare to finance, manufacturing to retail, AI is empowering businesses to solve complex problems, optimize operations, and unlock new opportunities. On 23 August, we launched the first 1,000-GPU cluster in Hong Kong, and we plan to continue increasing our investment, with the capability to expand to over 10,000 GPUs in the future. We would like to express our gratitudeto HKT for their support in establishing this strategic partnership, and we look forward to more milestones in AI together with our partners, driving technological innovation in Hong Kong.”Mr. Steve Ng, Managing Director, Commercial Group, HKT, said, "As a trusted enterprise technology solutions enabler, HKT is committed to harnessing the potential of enterprise AI and accelerating its adoption among businesses in the Greater Bay Area. Our strategic partnership with Trio AI expands access to HPC services for a broader range of enterprises and institutions, addressing the increasing need for supercomputing capabilities driven by AI, while fostering innovation and improving operational efficiency across various sectors. Powered by HKT’s AI Superhighway, we provide ultra-high-speed2 and ultra-low-latency3 connectivity, linking Trio AI’s 1024-GPU cluster with enterprise and institutional data centers across the city."Exploring AISC opportunities in Hong Kong, the Greater Bay Area, and Southeast AsiaOver the next two years, Trio AI and HKT will work closely together to identify, develop, and implement go-to-market strategies for the AISC solution. This collaboration will also focus on multi- brand GPU management and AI professional services, utilizing Trio AI's AIDC platform management software alongside its AI professional services team to deliver high-quality AI solutions and operational experiences to customers. Furthermore, both parties will explore ways to leverage Trio AI’s AI computing power and servers, providing high-quality AI computing resources for Hong Kong customers. Through this collaboration with HKT, a market-leading digital transformation partner offering end-to-end enterprise solutions, connectivity, and smart living offerings, Trio AI will gain greater brand recognition and expand the accessibility of its AISC solution to a broader range of enterprises, thereby strengthening its foothold in the industry.Enhancing computational power to support wider range of applicationsCompared to regular AI, AISC utilizes high-performance computing (HPC) systems with multiple powerful processors working in parallel. This dramatically enhances computational power, enablingadvanced simulations and predictive analytics across various fields, such as research and industries requiring intensive computational resources. While regular AI focuses on performing intelligent tasks on a smaller scale, AISC leverages supercomputing to enhance AI capabilities, allowing for the processing of larger datasets and solving more complex problems efficiently.Dr. David Chung, Chief Executive Officer, Trio AI (first from the right),and Mr. Dennis Chung, Senior Vice President, Product Marketing & Solutions Consulting, Commercial Group, HKT (first from the left), signed the MOUin the witness of Mr. Chow Kok Kit, Executive Director, ValuetronicsHoldingsLtd.(second from the right), and Mr. Steve Ng, ManagingDirector, CommercialGroup, HKT (second from the left).Collaborating with METAX to build Hong Kong 1st domestic high-performance 1,000-GPU cluster, supporting businesses in global expansionIn addition, Trio AI is deepening its collaboration with METAX by leveraging AI computing resources supported by METAX chips, significantly enhancing AI infrastructure services. This aligns with the Hong Kong government's strategic direction for AI and serves local enterprises while also helping domestic companies leverage Hong Kong as a gateway to expand into countries of the Belt and Road Initiative (BRI). The three key elements of AI are computing power, algorithms, and data. Trio AI is building and managing proprietary GPU computing power clusters, providing access to a diverse range of scalable GPU cluster, with the capacity expanding up to 10,000 GPUs, through customized deployment and on demand services. Trio AI will offer AI platform services, including essential value-added services such as model-as-a-service and data pools for development, to comprehensively support the integration of AI applications for businesses of all sizes.From left to right: Mr. Pak Ting, Chief Executive Officer and Co-Founder,Votee AI, Ms. Du Feilu, Chief Operation Officer,Trio AI, Mr. Dennis Chung,Senior Vice President, Product Marketing & Solutions Consulting, CommercialGroup, HKT, Mr. Steve Ng, Managing Director, Commercial Group, HKT, Mr.Chow Kok Kit, Executive Director, Valuetronics Holdings Ltd., Dr. David Chung, Chief Executive Officer, Trio AI, Mr. Wallace Leung, Project Director,METAX, Mr. Billy Chen, Vice President, Wintoo, Ms. Beatrice Tai, ChiefOperation Officer, Yedpay and esteemed guests attended the MOU signing ceremony.Dr. David Chung, Chief Executive Officer, Trio AI, said, " In November, we established the AI Application R&D Center at Hong Kong Cyberport to promote the in-depth integration of industry, academia, and research. By combining AI with the digital world, it creates an advanced accelerated computing platform. In this rapidly changing era, Hong Kong's strategic position enables us to efficiently support various clients and projects, achieving effective and unified deployment of multiple large model algorithms across diverse chips, providing ample computing resources for more AI enterprises.We are not only collaborating on new technology with METAX but also leading transformation and reshaping the future of the industry. We aim to provide professional, independent, and innovative services to enterprises in mainland China, the Greater Bay Area, Hong Kong, and across Asia, helping clients grow and facilitating intelligent transformation. This collaboration will greatly facilitate access to AI computing resources for enterprises, making cutting-edge technology services more accessible. We hope this collaboration sets a benchmark in the industry, inspiring more companies to accelerate their digital and intelligent transformations and create endless possibilities together."Mr. Wallace Leung, Project Director, METAX, stated, “Trio AI selected METAX, a leading Chinese high-performance GPU brand, to build Hong Kong's first Chinese high-performance 1024-GPU cluster; which uses 400G IB network + all-flash storage + high-erformance GPU Server, optimizing for various large models and efficient tuning with GPGPU architecture. METAX warmly congratulates Trio AI and HKT on the MOU signing, which signifies a joint effort in promoting the many application scenarios of GPU clusters in Hong Kong. METAX GPU will continue to provide committed and strong computing support for the Hong Kong AI industry!”Accelerating digital transformation with AI: expert insights on AI opportunities for Hong Kong customersFollowing the signing ceremony, a panel discussion was held on “Unlocking the Value of AI Computing Power and Solutions to Empower Hong Kong Customers.” Representatives from Trio AI’s trusted partners including Votee AI, Wintoo and Yedpay shared valuable insights on the future of digital transformation for Hong Kong customers, emphasizing the importance of adopting AI technologies to strategize and streamline operations and enhance customer engagement.Mr. Pak Ting, Chief Executive Officer and Co-Founder, Votee AI, said, “At Votee AI, we are excited and honored to participate in this signing event. We see collaborations as key to empowering Hong Kong's innovative hub and with Votee AI being one of the leading generative AI platforms, we are very pleased to witness this important moment.”Mr. Billy Chen, Vice President, Wintoo, said, “As a national high-tech enterprise specializing in AI, Wintoo is delighted to join this event as a partner of Trio AI. Our cloud-based platform is dedicated to leveraging AI to assess urban road conditions, and we hope to deepen our collaboration, expanding applications from Hong Kong to more regions, providing smarter solutions for clients, and improving roads to make cities better.”Ms. Beatrice Tai, Chief Operation Officer, Yedpay, said, “We are excited to leverage Trio AI to reshape the payment landscape for businesses and consumers alike. Our approach to AI in payment processing goes beyond automation by focusing on security and user experience through the 3i framework—Identity, Individualization, and Insight. With AI, we are set to revolutionize payments by enhancing authentication to prevent fraud, personalizing user experiences, and providing valuable insights to drive smarter decisions.”At the panel discussion, Mr. Pak Ting, Chief Executive Officer and Co-Founder, Votee AI (left), Mr. Billy Chen, Vice President,Wintoo (center), and Ms. Beatrice Tai, Chief Operation Officer, Yedpay (right) shared valuable insights on the future of digital transformation for Hong Kong customers.Remark:1.Source: Verified Market Research reporthttps://www.verifiedmarketresearch.com/product/graphic-processing-unit-gpu-market/2.Ultra-high-speed refers to a data transmission rate of 800 Gbps per second3.Ultra-low-latency refers to an end-to-end data transmission delay of less than 1 millisecondAbout Trio AI LimitedTrio AI Limited (“Trio AI”) ”), an artificial intelligence (AI) infrastructure service provider in Asia with a computing power of more than 1000 GPUs, is enhancing the regional technology applications and ecosystem. With the vision of advancing Hong Kong’s development as an International Innovation and Technology hub, we offer reliable, stable and cost-effective AI infrastructure services. We provide proprietary access to a diverse range of heterogenous GPU computing power, and a software platform integrating essential developer tools and more to support AI model training and inference, offering all-weather resilient AI infrastructure services for your AI needs.We cater to demand from government, various industry verticals, universities, and AI-native startups. We offer customized deployment, on demand and GPU for startups, ensuring cost-effective solutions adaptable to different usage patterns. Headquartered in Hong Kong, serving for Asia. Our strategic position allows us to efficiently support a wide range of clients and projects.For media enquiries, please contact:AJA (IR and Communications) Avy Yu Email: avy.yu@ajacapital.com.hk Tel: (852) 9500 4443Eudice Law Email: eudice.law@ajacapital.com.hk Tel: (852) 9326 1113 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Hong Kong Vocational Education Service in Joint Construction of the  ‘Belt and Road’ Vocational Education Symposium ACN Newswire

Hong Kong Vocational Education Service in Joint Construction of the ‘Belt and Road’ Vocational Education Symposium

HONG KONG, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - The leaders of National Association of Vocational Education of China visited Hong Kong, jointly sponsored by The Chinese Occupational Education Association of Hong Kong and co-sponsored by the Hong Kong Metropolitan University, organized Hong Kong Vocational Education Service in Joint Construction of the “Belt and Road" Vocational Education Symposium. It was held at the International Conference Center on the 12th floor of the Jockey Club Institute of Healthcare of the Hong Kong Metropolitan University on December 17, 2024. Mr. Feng Dajun, Deputy Director General of National Association of Vocational Education of China, and Wu Cheng, Deputy Director of Education and Science of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, attended the meeting.From Left: Professor Li Wai Chi, Mr. Cheung Kin Chung,Professor Zhao Pengfei,Dr. Wong Yau Kar, Madam Wong Wai Ching,Professor Wong Yuk Shan, Dr. Liu YungChau, Mr. Feng Dajun, Madam Wu Cheng,Dr. Liu Yi Man, Professor ReggieKwan Ching Ping, Mr. Yiu Pak Leung,Madam Huang Zhaoxia, Mr. David Leung Yiu FaiThis symposium can be said to have a strong lineup of guests, with over 60 participants from various sectors including politics, business, and education. In addition to Dr. Liu Yung Chau, Honorary Chairman of the Council of the COEAHK, Professor Wong Yuk Shan, Chairman of the Council, Dr. Wong Yau Kar, Dr. Liu Yi Man, Vice Chairmen, and all other directors attending. Madam Wu Cheng, Deputy Director of Education and Science of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region also attended.From Left: Dr. Liu Yi Man, Madam Gladys Yam Ying Sim, Mr. Lam Chun Sing , Mr. Wong Kam Leung , Mr. Yiu Pak Leung, Dr. Wong Yau Kar,Madam Wong Wai Ching,Dr. Liu Yung Chau, Professor Wong Yuk Shan,Madam Wu Cheng, Mr. Tai ChakTong, Mr. Feng Dajun, Professor Zhao Pengfei,Madam Huang Zhaoxia, Madam LiMin, Professor Reggie Kwan Ching Ping,Mr. Tsui Hoi ShanThe meeting is divided into two parts. The first part is the keynote speech, and the second part is the symposium. From macro level to micro level, the government's policy is to jointly construct the "Belt and Road" and promote vocational education to overseas, and then how to implement the "apprenticeship system". Vocational education in Hong Kong is promoted by the government, enterprises, and schools, and the integration of industry and education, as well as school enterprise cooperation, are relatively international and market-oriented.The first part is the keynote speech, delivered by Mr. Feng Dajun, Deputy Director General of the National Association of Vocational Education of China, on the topic of "Strengthening Exchange and Cooperation, Jointly Promoting Vocational Education Going Overseas". Dr. Wong Yau Kar, Vice Chairman of the COEAHK, delivered a keynote speech on the theme of "Advantages and Challenges of Hong Kong Vocational Education's Participation in the Joint Construction of the “Belt and Road". Dr. Zhao Pengfei, former president of Guangdong Construction Vocational and Technical College, gave a keynote speech on the topic of "Practice and Prospects of Chinese Characteristics Apprenticeship System under the Background of Industry Education Integration".The second part is a guest speech, delivered by Dr. Liu Yi Man, Vice Chairman of the COEAHK, Mr. David Leung Yiu Fai, Chief Consultant of the MTR Academy, Professor Li Wai Chi, Vice President of HKCT Institute of Higher Education, and Mr. Chris Cheung Kin Chung, President of the CLP Power Academy.in his opening remarks, reflected on the history of the China Vocational Education Society and pointed out the significant contributions of the Hong Kong Vocational Training Council since its establishment in enhancing vocational education.Professor Wong Yuk Shan, in his opening remarks, stated that the National Association of Vocational Education of China was founded on May 6, 1917 in Shanghai by 48 renowned figures in the education and business sectors, including Huang Yanpei, Cai Yuanpei, and Liang Qichao. As for our COEAHK, it was officially established on January 12, 2024, at the age of less than one. It was founded under the initiative and strong support of Dr. Liu Yung Chau. COEAHK is committed to promoting and improving vocational education in Hong Kong, exploring and exchanging theories and practices of vocational education, promoting the spirit of craftsmanship, and facilitating the development of vocational education in Hong Kong and other cities in the Guangdong Hong Kong Macao Greater Bay Area. It aims to cultivate talents for innovation, modern industry, and service industries in the region.The guest lineup at the symposium was impressive, featuring around 60 representatives from various sectors,including politics, business, and educationDeputy Director General Feng Dajun said that in September and October 2013, President Xi Jinping proposed the cooperation initiatives of the Silk Road Economic Belt and the 21st Century Maritime Silk Road respectively. By the end of June 2023, China has signed more than 230 cooperation documents on jointly building the "Belt and Road" with more than 150 countries and more than 30 international organizations. At present, China has launched "Chinese+Vocational Education" characteristic projects in more than 40 countries and regions, and more than 400 vocational colleges in mainland China and foreign educational institutions have cooperated in running schools. The number of full-time students studying in China has reached 17000. China's vocational education has established stable connections with over 70 countries and organizations. In the process of exchange, vocational colleges in the mainland and universities in Europe, Africa, Thailand and other countries along the Belt and Road have carried out vocational education projects. National Association of Vocational Education of China has always played an important role in promoting the Belt and Road Initiative. Hong Kong's vocational education has a flexible education and training mechanism, an open market school running mode, and an international talent training orientation. It has prominent regional advantages in the international exchange and cooperation of vocational education along the “Belt and Road”.Mr. Feng Dajun, Deputy Director General of National Association of Vocational Education of ChinaDr. Wong Yau Kar stated that from the 1980s to 2019, vocational colleges have trained over 900,000 graduates from various industries in Hong Kong. The Hong Kong SAR government has established a dedicated department to promote the development of vocational education. The Vocational Training Council (VTC) was established in 1982. The government is also vigorously promoting the establishment of the "University of Applied Sciences"(UAS), and the Metropolitan University of Hong Kong has become a UAS. The characteristic of vocational education in Hong Kong is its high degree of internationalization, and the use of English is the key to international integration. It is suggested that the development of vocational education should be based on future needs, the integration of industry and education, school enterprise cooperation, and the construction of a connected education system from middle school to university and even master's degree.Professor Zhao Pengfei stated that apprenticeship is the best way to achieve industry education integration and school enterprise cooperation. The Chinese government policy requires all regions to actively carry out modern apprenticeship pilot programs through school enterprise joint enrollment and training. The Ministry of Education and the Ministry of Human Resources and Social Security both support the apprenticeship system. There are more than 1000 pilot projects for modern apprenticeship system in China, with 2480 cooperative enterprises, benefiting more than 100000 students (apprentices). The pilot project for new apprenticeship system in enterprises has trained more than 20000 employees, with a clear requirement to train 1 million new apprentices from 2019 to 2021. The important achievements of modern apprenticeship system pilot are government policies, industry standards, and school enterprise models. Modern apprenticeship system is a "dual education", "dual identity", "work study alternation", and "job training". It refers to “school+enterprise”, “student+apprenticeship”, “learning+work”, and “education+training” respectively. The development of apprenticeship system vertically connects the primary, middle, and high-level apprenticeship systems, and horizontally connects them to the integration of general education and vocational education.Dr. Liu Yi Man said that Hong Kong acted as a super connector to promote the high-quality development of the "Belt and Road" vocational education. Promote China's vocational education to go overseas and help build an education powerhouse, with Hong Kong as the first stop, serving as a super connector for "going out " and "bringing in". Especially in the field of internationalization and artificial intelligence, it is very important. In the future, our country's vocational education will have great potential in international talent joint training, collaborative development of curriculum standards, and the clustering effect of overseas education. The continuous evolution of artificial intelligence technology has brought tremendous changes to the production models of various industries.Mr. David Leung Yiu Fai said that MTR Academy was established in 2016 to cooperate with the national the Belt and Road Initiative. It is a wholly-owned subsidiary of MTR Corporation and one of the earliest corporate colleges in Hong Kong. Our vision is to become a recognized center for railway management and technical education and research in the railway industry in Hong Kong, mainland China, and overseas. Through the MTR Academy, there are also master's programs in rail transit, joint courses with overseas universities, and community participation. Currently developing consulting services for the Middle East market.Professor Li Wai Chi said that the last era was the Internet+ era. The next era is the era of Al, make good use of Al, comprehensively popularize artificial intelligence knowledge, and improve students' artificial intelligence literacy. Relying on the platform of vocational colleges, we can use Unicom x financing to implement the policies and measures of different government departments on strengthening science and technology, education and talent. Colleges and enterprises in the two places can rely on the country and enterprises to jointly build the Belt and Road development and provide formal vocational skills training according to their human needs at different stages of development. Colleges and relevant administrative departments in both regions will jointly develop and construct an international vocational education and qualification system with Chinese characteristics.President Chris Cheung Kin Chung of CLP Power Academy stated that the title is "Power to Move Upward". The institute is not only studying for colleagues at the CLP Power, but can also be read to public, all students are part-time students. There are currently multiple courses, QF architecture, jointly offered with universities. Due to the fact that CLP Power is the most professional in the enterprise/industry, but not the most specialized in teaching, it is best to cooperate with universities to provide scenes for students to understand operations. Collaboration with VTC, some transitional courses, these courses form an ecosystem. Entering the mechanical and electrical industry, seeking opportunities to move upstream is to obtain a diploma (educational background). In addition to the diploma, there is also an exemption from the electrician license (industry qualification), which creates an ecological environment. Partners include the Electrical and Mechanical Services Department, the Hong Kong Council for Accreditation of Academic and Vocational Qualifications, and the Hong Kong Institution of Engineers.Dr. Liu Yung Chau expressed his gratitude during his closing remarks at the symposium. 2024 is the most important year in the development of the COEAHK. The inauguration ceremony was taking place on 12 January 2024. Both governments attach great importance to it, and Chief Secretary for Administration of HKSAR Mr. Chan Kwok-ki, Dr. Choi Yuk-lin, Secretary for Education, and Professor Sun Dong, Secretary for Innovation, Technology and Industry, all attended. The leaders of the National Association of Vocational Education of China visited Hong Kong this time, with the theme of the forum, "Building the Belt and Road through Hong Kong's Vocational Education Services," reflect a commitment to the strategic importance of vocational education in the Belt and Road Initiative. The first three speakers including Deputy Director General Feng Dajun, Dr. Wong Yau Kar, and Professor Zhao Pengfei giving keynote speeches from the three dimensions of "Vocational Education Going overseas", "Vocational Education Jointly Building the the Belt and Road" and "Integration of Industry and Education". Mr. David Leung Yiu Fai, Professor Li Wai Chi, President Chris Cheung Kin Chung and Dr. Liu Yi Man participated in the symposium to promote vocational education in Hong Kong and participate in the national strategy of the Belt and Road from the perspective of enterprises and educational institutions.Group Photo: From Left Dr. Wong Yu Kar, Madam Wang Wai Ching, ProfessorWong Yuk Shan, Dr. Liu Yung Chau, Mr. Feng Dajun, Madam Wu Cheng,Dr. Liu YiMan, Professor Reggie Kwan Ching Ping Copyright 2024 ACN Newswire via SeaPRwire.com.
More
AEON Credit Revenue Up 9.4% to HK$1,304.6 Million for First Nine Months of FY2024/25 ACN Newswire

AEON Credit Revenue Up 9.4% to HK$1,304.6 Million for First Nine Months of FY2024/25

HONG KONG, Dec 19, 2024 - (ACN Newswire via SeaPRwire.com) - AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the nine months ended 30 November 2024 (the “first nine months of FY2024/25” or the “Reporting Period”).During the Reporting Period, the Group’s revenue increased by 9.4% to HK$1,304.6 million compared with the same period last year (the “first nine months of FY2023/24” or the “Previous Period”) and operating profit rose by 11.3% to HK$648.4 million. The Group’s interest income increased by 10.0% to HK$1,105.5 million for the Reporting Period. Meanwhile, profit after tax for the Reporting Period amounted to HK$275.3 million (Previous Period: HK$282.3 million), with earnings per share of 65.74 HK cents (Previous Period: 67.40 HK cents).Given the slower than anticipated market recovery, the Group adopted a more prudent approach during the Reporting Period, prioritising stable growth in both sales and receivables. This strategy focused on building a high-quality portfolio designed to deliver income, growth and resilience. The Group’s marketing strategy for the third quarter focused on targeted and popular promotions to attract customers and drive sales growth both domestically and internationally. Proactive marketing initiatives contributed to a 9.2% increase in the Group’s overall sales for the first nine months of FY2024/25 compared with the same period last year, with gross advances and receivables also increasing by 5.7% from the end of February 2024.In parallel with the efforts to drive stable business growth, a new credit card design embodying the Group’s commitment to innovation and sustainability was launched in September 2024 to offer customers a more convenient and premium payment experience. The redesigned card incorporates features that address the growing adoption of contactless payments and uses recycled plastics, underscoring the Company’s dedication to integrating sustainability practices throughout its operations.In terms of technology development, following the upgrade of its credit application processing platform, virtual credit card functionality was launched within the “AEON HK” mobile application (the “Mobile App”). This feature enables customers to make purchases immediately upon card approval and activation, eliminating waiting time and the need to visit a branch.Looking ahead, the Group will prioritise sales and receivables growth through overseas and online spending, while refining credit assessment and control methods to maintain a sustainable asset quality portfolio and expedite decision-making processes. Marketing efforts will leverage mass promotions and targeted broadcast channels to increase market penetration and expand market share, particularly among the younger demographic. These efforts will include gamification and incentive programmes to stimulate consumer spending. The launch of new and advanced mobile payment products and a self-service branch concept will further enhance the customer experience and maintain a competitive edge.Mr Wei Aiguo, Managing Director of AEON Credit, said, “Despite the moderation in Hong Kong’s economic recovery momentum, we are pleased to have delivered a continued growth in sales and receivables in the first nine months of FY2024. We remain committed to providing exceptional credit card services that meet evolving customer needs and plan to expand our customer base by offering innovative and customised products. With our adaptability, strong liquidity, robust balance sheet, and proven management expertise, the Group is well-equipped to capitalise on the significant opportunities presented by the growing consumer finance market. These efforts will enable us to achieve sustainable growth and deliver greater value to our shareholders.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Summit Group Responds to White Paper Citing Governance Issues in Bangladesh’s Power and Energy Sector ACN Newswire

Summit Group Responds to White Paper Citing Governance Issues in Bangladesh’s Power and Energy Sector

Dhaka, Bangladesh, Dec 23, 2024 - (ACN Newswire via SeaPRwire.com) - Summit Group, Bangladesh’s largest private sector power generation company, has issued clarifications in response to a recent draft of a government White Paper, and said it welcomes transparency and remains committed to the highest levels of corporate governance and corporate social responsibility (“CSR”) in the country.Bangladesh media have reported widely on a draft of the ‘White Paper on the State of the Bangladesh Economy’ released in recent weeks by the interim government led by the Honourable Chief Adviser Dr. Muhammad Yunus. The document said Bangladesh’s power and energy sector faced challenges such as excess capacity, dependence on imports of gas and under-development of domestic natural gas resources.Summit Power International Limited (“SPIL”), the Singapore-registered parent of Summit Corporation Limited (“SCL”) – the leading foreign direct investor in Bangladesh’s power sector – has responded to statements in White Paper which referred to SCL’s assets or subsidiaries.1) The draft White Paper referred to Summit Group as being one of the “selected large conglomerates” which enjoyed “exemptions on project income” and “exemption on income arising from power generation”.SPIL said these exemptions cited were part of a broader policy initiative that applied to the entire power and energy sector in the country. “The policy, i.e. Private Sector Power Generation Policy framed in 1996, designed to attract investment and meet Bangladesh’s critical energy needs, encompassed approximately 104 projects. These exemptions were not exclusive to Summit Group but were reflective of a sector-wide strategy to enhance Bangladesh’s energy capacity to ensure sustainable development,” SPIL said.2) The “Other Common Malpractice” section in the White Paper alleged that contract conditions were changed after it was awarded, and singled out the Summit Meghnaghat 335 dual fuel power plant for switching from heavy fuel oil (“HFO”) to high-speed diesel (“HSD”) without changing capacity payment or heat rate as an example.The Bangladesh Petroleum Corporation, the supplier of energy oil, was unable to provide the specified oil under the original agreement and instead reached an understanding with the Bangladesh Power Development Board to supply alternative oil, SPIL said.“In order to maintain operations and fulfil its commitments, Summit Meghnaghat was obliged to accept this change but remains prepared to accept oil in accordance with the original tender conditions,” SPIL said.Through SCL, the Summit Group operates 18 power plants with a combined generation capacity of 2,255MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people.3) The White Paper listed Summit Power Limited among 83 companies listed on the Dhaka Stock Exchange that had been “unfairly excluded” from certain regulatory activities, and said market rigging was endemic in the domestic equity market.“Summit Power Limited has always conducted its affairs with the highest levels of corporate governance. Its Board of Directors comprises eminent and well-respected corporate figures. At no time has the company ever engaged in market rigging,” SPIL said.4) Regarding Bangladesh’s second Floating Storage and Regasification Unit (“FSRU”), which Summit Group operates, the White Paper alleged public funds were misused because Summit supplied LNG at a premium while natural gas reserves were available with the Bangladesh Oil, Gas and Mineral Corporation (“Petrobangla”).SPIL said that Summit’s FSRU was not responsible for the supply of gas and, accordingly, has not imported or supplied any gas to date. The long-term supply contract signed between Summit Oil and Shipping Company Limited and Petrobangla was at the lowest price of all contracts awarded at the time, including for OQ Trading and Excelerate Energy (“Excelerate”). In any event, Summit has not yet imported any gas under the long-term supply contract.Further, Summit’s FSRU did not receive any special exemptions, and its daily tariff/charter rate is lower than that of the Moheshkhali Floating LNG owned by Excelerate, the only other FSRU in Bangladesh. The incentives referenced were part of an industry-wide framework that applies to both Excelerate and Summit’s FSRU projects.“As a responsible corporation with a track record of providing energy and power to Bangladesh, Summit Group has always respected and adhered to the laws of both Bangladesh, where SCL operates, as well as Singapore, where SPIL is domiciled,” SPIL said. “We are dedicated to contributing meaningfully to Bangladesh’s growth and prosperity. Our operations in Bangladesh have consistently adhered to all regulations, and we take pride in upholding the highest standards of integrity and governance,” SPIL said.“Being a dependable partner in nation building, we remain open to dialogue with all stakeholders,” it added. “We invite committee members preparing the White Paper to engage and seek clarification where needed. As a substantial foreign direct investor, the Summit Group has always conducted its affairs in a transparent manner while striving to support the long-term development of Bangladesh,” it added.About Summit Power International Limited (“SPIL”)SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country’s total installed capacity. Summit owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank’s private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan’s largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date.Learn more at: www.summitpowerinternational.com Media ContactWeR1 Consultants Pte LtdWhatsApp (Text): (+65) 9748 0688Email: summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Huatai Securities Achieves MSCI ESG AAA Rating, the Highest Rating among Global Investment Banks ACN Newswire

Huatai Securities Achieves MSCI ESG AAA Rating, the Highest Rating among Global Investment Banks

HONG KONG, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - Leading international index provider, MSCI, recently announced the updated ESG ratings for Huatai Securities Co., Ltd. (the "Company"; stock codes: 601688.SH, 6886.HK, HTSC.L). Due to its exemplary ESG practices, Huatai Securities' MSCI ESG rating has been upgraded from AA to AAA. This marks the second consecutive year of improvement, earning the Company the highest rating in the global investment banking industry.The rating report underscores Huatai Securities' industry-leading performance in five key areas: Corporate Governance, Financing Environmental Impact, Responsible Investment, Human Capital Development, and Corporate Behavior. This demonstrates the Company's robust ESG governance capabilities and its strong commitment to stakeholders.In recent years, Huatai Securities has fully adopted new development philosophies, incorporating sustainable development into its operations and management. The Company continues to make significant progress in aligning its business practices with global ESG standards.In Corporate Governance, Huatai Securities' Board of Directors and ESG Committee have adopted a global perspective while remaining deeply attuned to local realities. By closely monitoring societal and economic developments, the Company has identified core ESG issues that align with current priorities, positioning itself as a market leader in corporate citizenship and responsibility.In terms of the Financing Environmental Impact, Huatai Securities has integrated ESG principles into its due diligence processes for investment and financing activities. The Company has established guidelines for investments in environmentally sensitive industries, actively expanded its green finance product portfolio, and extended its carbon finance services. Initiatives such as the "One Yangtze River" ecological protection project have supported biodiversity mainstreaming and contributed to the green transformation of economic and social development.In Responsible Investment, Huatai Securities has consistently elevated the importance of ESG factors in its investment decision-making processes. By leveraging its industry-leading digital capabilities, the Company has integrated ESG data across its research and investment platforms to generate actionable insights. Furthermore, Huatai has embraced its role as an active shareholder, promoting sustainable development values across a wide range of companies and industries.In Human Capital Development, Huatai Securities has established platforms to empower employees and promote their comprehensive professional growth. The Company has prioritized enhancing employees' technical expertise and strengthening training in financial ethics and professional conduct, fostering a culture of innovation and collaboration among its workforce.In Corporate Behavior, Huatai Securities has established robust systems for anti-bribery, anti-corruption, professional integrity, and whistleblower protection. The Company has prioritized strengthening corporate ethics and upholding principles of integrity, thereby laying a solid foundation for sustainable growth.Through years of consistent effort, the principles of ESG and sustainable development have become deeply embedded in the ethos and behavior of Huatai Securities' workforce. This collective commitment has been a driving force behind the Company's ongoing progress. Looking ahead, Huatai Securities remains steadfast in its dedication to ESG principles, establishing a strong foundation to build a world-class investment bank with both local strengths and global influence. The Company is determined to contribute to high-quality, sustainable economic and social development, delivering greater value and impact for the future.About Huatai SecuritiesIncorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, etc., with a substantial international presence.For enquiries, please contact:Citigate Dewe RogersonBenny Liu Linda PuiTel: +86 10 6567 5056 Tel: +852 3103 0118Email: HTSC@citigatedewerogerson.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The finest places to live, work, and thrive in Asia are celebrated at the 19th PropertyGuru Asia Property Awards Grand Final ACN Newswire

The finest places to live, work, and thrive in Asia are celebrated at the 19th PropertyGuru Asia Property Awards Grand Final

The 19th Annual PropertyGuru Asia Property Awards Grand Final revealed the region’s finest real estate and outstanding developersOVER 130 LEADING DEVELOPERS AND DESIGN PRACTICES FROM ACROSS ASIA GATHER IN BANGKOK FOR FINALE OF 2024 AWARDS SERIESBANGKOK, Dec 19, 2024 - (ACN Newswire via SeaPRwire.com) - The 19th Annual PropertyGuru Asia Property Awards Grand Final, supported by V-ZUG Thailand, today revealed the region’s finest real estate and outstanding developers at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.The conclusion of the 2024 PropertyGuru Asia Property Awards series hosted over 130 award-winning finalists from across Asia, elevating their achievements on the international stage.Zhuhai Huafa Properties Co., Ltd. was honoured as the Best Developer in AsiaZhuhai Huafa Properties Co., Ltd. was honoured as the Best Developer in Asia—a first for the company.This marked one of five wins for companies representing Mainland China. Winners from Mainland China included Lead8, awarded for its projects MixC Changchun and K11 Shanghai, Huaihai Middle Road. Other winning design practices were Jiang & Associates Creative Design, which won for ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK, and Sybarite, which won for SKP Chengdu.Developers from Hong Kong and Macau also excelled with four winning titles. Winners included China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited, winning for PANO HARBOUR; Lek Hang Group for Hotel Central Macau; Lofter Group Limited for 1 Ki Lung Street; and New Orient Group for San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building).The Philippines emerged as the most awarded market with 12 accolades. Federal Land, Inc. stood out as Best Luxury Developer (Asia), accompanied by a win for Riverpark, while Federal Land NRE Global, Inc. gained the Best Breakthrough Developer (Asia) title. Aboitiz InfraCapital Economic Estates was honoured as Best Industrial Developer (Asia), supported by a win for LIMA Estate.Adding to the Philippines’ impressive tally were titles for RLC Residences, winning for The Residences at The Westin Manila; Robinsons Offices for GBF Center 1; and work.able for work.able Robinsons Summit Center. Alveo Land won for Viento at Cerca while Sunshine Fort North Bonifacio Realty Development Corporation won for MITSUKOSHI BGC.PropertyGuru Icon Award was presented to Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime HoldingsThe Estate Makati—a collaboration between SM Development Corporation (SMDC) and Federal Land—received two titles. This year’s PropertyGuru Icon Award was presented to Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime Holdings, by the editorial team of Property Report by PropertyGuru, the official magazine of the Awards.A wide array of companies from Malaysia triumphed with 11 wins. They included Bangsar Heights Pavilion, winning for Quayside JBCC; Berinda Group for Ponderosa Callista; City Motors Group for Alfa Bangsar; Eupe Corporation Berhad for Helix2 @ PJ South; Gunung Impian Development Sdn Bhd for Iconia Garden Residence; Iskandar Investment Berhad for Medini Innopolis; JLand Group Sdn Bhd for Sanubari @ Bandar Dato Onn; Malton Berhad for The Park 2 Pavilion Bukit Jalil; Sime Darby Property Berhad for Serenia Industrial Park; Tropicana Corporation Berhad for Avisa Residences, Tropicana Alam; and Triterra Sdn Bhd for The MET Corporate Towers.Indonesia celebrated eight wins, led by Paramount Land, winner of the Best Township Developer (Asia) title. Sinar Mas Land garnered multiple titles for BSD City and Biomedical Campus, as well as its joint ventures: Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation and Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V.Other victorious developers from Indonesia were DM Projects Group, winning for Salty Jim Villa; PT Adhi Commuter Properti Tbk. for LRT City Cibubur; and Summarecon Group for Flora at Summarecon BandungSingapore continued its winning streak with eight wins. UOL Group Limited was recognised as both Best Sustainable Developer (Asia) and Best Hospitality Developer (Asia), with Meyer Blue winning an award for both UOL Group Limited and Singapore Land Group Limited. Pan Pacific Orchard meanwhile yielded a win for both UOL Group Limited and Pan Pacific Hotels Group.Similarly, GuocoLand and Hong Leong Holdings Limited jointly won for Lentor Mansion. TID Pte. Ltd. won Best Lifestyle Developer (Asia), alongside a win for Lentoria, while FRX Capital Private Limited was named Best Boutique Developer (Asia).Australia also garnered seven wins, three of which went to BLVD by OSK Property. Other champions included BHC Property, winning for Mercer; FY Property, Kooringa Group, MA Financial, CPDM for Chatswood Garden; Golden Sedayu for Burswood Point; and Jean Yip Developments for Elements at Carousel.Thailand earned four titles, with Sansiri Public Company Limited winning for BuGaan Pattanakarn and Narasiri Phahol-Watcharapol. AP (Thailand) Public Company Limited also represented the kingdom with a win for The City Rama5-Nakhon In while APAC Land won for APAC Tower.Also claiming four titles, Vietnam emerged victorious with Phu Long Real Estates Corporation named asBest Community Developer (Asia). Gamuda Land won two titles for Eaton Park while Ecopark scored a win for Ecovillage Saigon River.From Japan, Niseko Woodlands Limited won for Grand Tsuru Niseko while Yoichi Dreams was recognised for Kisin.Saudi Arabia debuted at the Grand Final with Oud Real-Estate Development Company winning Best Mixed Use Developer (Asia), following a series of wins during the inaugural PropertyGuru Asia Property Awards (Middle East).From Cambodia, LP Residences Co., Ltd. received a win for its Palm Springs project. By the Waters by Suryam Developers LLP meanwhile gained a recognition for India.Jeremy Williams, managing director for Marketplaces at PropertyGuru Group, said: "PropertyGuru’s commitment to a sustainable future in Asia is truly reflected in this year’s award winners. By raising benchmarks for resilience and sustainability, we power communities to live, work, and thrive in tomorrow’s cities. These accolades not only honour the efforts of developers and design practices but also inspire innovation that benefits property seekers, agents, and investors alike. As we celebrate the 19th edition of the Grand Final, we look forward to a wave of progress creating what’s next for the region’s built environment."Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The 2024 PropertyGuru Asia Property Awards series included many first-time accolades. We celebrated the strengths of emerging and established property markets, expanding to new regions and revisiting the region’s leading real estate destinations. We also honoured individuals—industry legends and rising stars poised to change the game. Through the People’s Choice Awards, we engaged with property buyers, giving them a platform to support developers who share their aspirations and values. We also recognised excellence in ESG, supporting those making our industry more sustainable for future generations of property seekers. It’s an honour to conclude this series by celebrating companies across a wide variety of real estate sectors and distinguishing multiple types of projects throughout Asia Pacific, a region that is becoming home to the cities of tomorrow.”Thien Duong, chairperson of the Grand Final, said: “This year’s winners across Asia Pacific have impressed the judges with their sustainable, functional masterplans and designs, spanning everything from expansive townships to livable homes and dynamic commercial spaces. Excellence in property development is incessantly redefined across the region, and we’re happy to contribute to this ongoing evolution. Congratulations to the Gold Standard bearers of real estate across Asia Pacific.”An independent panel of head judges from participating markets in the Awards selected the winners: Thien Duong, general director, GroupGSA Vietnam (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Japan); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ivan Lam, executive director, international business, Charter Keck Cramer (Australia); Ken Ip, chairman, Asia MarTech Society (Mainland China); Kristin Thorsteins, co-founder & managing partner, Portman Investment Pte Ltd (Singapore); Dr. Nirmal De Silva, director and CEO, Paramount Realty (Sri Lanka); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (China – Hong Kong and Macau); Sorn Seap, president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).HLB ensured the fairness, transparency, and credibility of the selection process under the supervision of Paul Ashburn of HLB International Real Estate Group. The global network of independent professional accounting firms and business advisers was recognised as the “2024 Network of the Year.”The 19th PropertyGuru Asia Property Awards Grand Final was a highlight of PropertyGuru Week, which also featured the PropertyGuru Asia Real Estate Summit; the debut of the Awards in the Middle East; and the latest editions of the Awards in Mainland China, Hong Kong, Macau, Japan, India, Sri Lanka, and Cambodia.Organised by PropertyGuru Group, the 19th PropertyGuru Asia Property Awards Grand Final is supported by gold sponsor V-ZUG Thailand; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; media partners Bridges, BusinessWorld, d+a Magazine, Detik.com, Hot Magazine, Kiripost, Kompas.com, Luxury Society Asia, Manila Bulletin, Pattaya Trader, Prop2morrow, REm, SquareRooms, Tatler Asia Homes, The Philippine Star, and Think of Living; supporting partner REHDA Institute; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.COMPLETE LIST OF WINNERS19th PropertyGuru Asia Property Awards Grand FinalDEVELOPER AWARDS Best Developer (Asia)Zhuhai Huafa Properties Co., Ltd. – Mainland China (WINNER)BHC Property – AustraliaHome Lands Skyline (Pvt) Ltd – Sri LankaNew World Development Company Limited – China – Hong Kong and MacauRobinsons Land – PhilippinesSignature Global (India) Limited – IndiaSinar Mas Land – IndonesiaUOL Group Limited – SingaporeBest Luxury Developer (Asia)Federal Land, Inc. – Philippines (WINNER)Best Township Developer (Asia)Paramount Land – Indonesia (WINNER)Best Mixed Use Developer (Asia)Oud Real-Estate Development Company – Saudi Arabia (WINNER)Best Sustainable Developer (Asia)UOL Group Limited – Singapore (WINNER)King Square Development Co., Ltd. – ThailandBest Industrial Developer (Asia)Aboitiz InfraCapital Economic Estates – Philippines (WINNER)Best Lifestyle Developer (Asia)TID Pte. Ltd. – Singapore (WINNER)Best Hospitality Developer (Asia)UOL Group Limited – Singapore (WINNER) Best Community Developer (Asia)Phu Long Real Estates Corporation – Vietnam (WINNER)Best Boutique Developer (Asia)FRX Capital Private Limited – Singapore (WINNER)Lofter Group Limited – China – Hong Kong and MacauBest Breakthrough Developer (Asia)Federal Land NRE Global, Inc. – Philippines (WINNER)DEVELOPMENT AWARDSBest Mega Township Development (Asia)BSD City by Sinar Mas Land – Indonesia (WINNER)Best Township Development (Asia)Riverpark by Federal Land, Inc. – Philippines (WINNER)Koh Pich City by OCIC Group – CambodiaSummarecon Bogor by Summarecon Group – IndonesiaBest Mixed Use Development (Asia)Burswood Point by Golden Sedayu – Australia (WINNER)Gaysorn Village by Gaysorn Property Co., Ltd. – ThailandKingsQuare by King Square Development Co., Ltd. – ThailandShenzhen Huafa Snow World by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Ultra Luxury Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)Jianfa Zichen by Jianfa Fangdichan Jituan – Mainland ChinaBest Luxury Condo Development (Asia)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore (WINNER)R&F Princess Cove Phase 2 - Seine Region by R&F Development Sdn Bhd. – MalaysiaThe Seasons Residences by Sunshine Fort North Bonifacio Realty Development Corporation – PhilippinesWaterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) Ltd – Sri LankaBest High End Condo Development (Asia)Viento at Cerca by Alveo Land – Philippines (WINNER)Cerule at Solinea by Alveo Land – PhilippinesXi'an Huafa Lijun ‧Center Glorous by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)BLVD by OSK Property – AustraliaLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeThe Pavilia Forest by Joint Venture by New World Development Company Limited & Far East Consortium International Limited – China – Hong Kong and MacauBest Mid End Condo Development (Asia)Helix2 @ PJ South by Eupe Corporation Berhad – Malaysia (WINNER)Aspen Peak by Rumapadu by Harmas Land & Integrasi Transit Jakarta (ITJ) – IndonesiaBest Completed Condo Development (Asia)The Park 2 Pavilion Bukit Jalil by Malton Berhad – Malaysia (WINNER)Best Luxury Waterfront Condo Development (Asia)PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and Macau (WINNER)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporeBest Waterfront Condo Development (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER)Oceana Beach Resort Apartments & Villas - Wadduwa by Home Lands Skyline (Pvt) Ltd – Sri LankaThe Residences at Terrazas de Punta Fuego by Landco Pacific Corporation – PhilippinesBest Connectivity Condo Development (Asia)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and Macau (WINNER)Best TOD Condo Development (Asia)LRT City Cibubur by PT Adhi Commuter Properti Tbk. – Indonesia (WINNER)Best Investment Condo Development (Asia)Elements at Carousel by Jean Yip Developments – Australia (WINNER)Best Lifestyle Condo Development (Asia)The Residences at The Westin Manila by RLC Residences – Philippines (WINNER)Best Eco Friendly Condo Development (Asia)Alfa Bangsar by City Motors Group – Malaysia (WINNER)Best Ultra Luxury Housing / Landed Development (Asia)BuGaan Pattanakarn by Sansiri Public Company Limited – Thailand (WINNER)Best Luxury Housing / Landed Development (Asia)Narasiri Phahol-Watcharapol by Sansiri Public Company Limited – Thailand (WINNER)Best Housing / Landed Development (Asia)Grand Tsuru Niseko by Niseko Woodlands Limited – Japan (WINNER)Kisin by Yoichi Dreams – JapanMount Rosie Signature Collection by FRX Capital Private Limited – SingaporeBest Mid End Housing / Landed Development (Asia)The City Rama5-Nakhon In by AP (Thailand) Public Company Limited – Thailand (WINNER)Leonora at Summarecon Serpong by Summarecon Group – IndonesiaBest Affordable Housing / Landed Development (Asia)Avisa Residences, Tropicana Alam by Tropicana Corporation Berhad – Malaysia (WINNER)Britania Bekasi by PT. Mekar Agung Sejahtera – IndonesiaSpring Residence at Spring City, Sentul City by PT Sentul City Tbk – Indonesia Villa Natura by Eupe Corporation Berhad – MalaysiaBest Completed Housing / Landed Development (Asia)Flora at Summarecon Bandung by Summarecon Group – Indonesia (WINNER)Best Waterfront Housing / Landed Development (Asia)By the Waters by Suryam Developers LLP – India (WINNER)Best Investment Housing Development (Asia)Iconia Garden Residence by Gunung Impian Development Sdn Bhd – Malaysia (WINNER)Best Branded Residential Development (Asia)Quayside JBCC by Bangsar Heights Pavilion – Malaysia (WINNER)The Residences at The Westin Manila by RLC Residences – PhilippinesBest Luxury Townhouse Development (Asia)Mercer by BHC Property – Australia (WINNER)Best Townhouse Development (Asia)Chatswood Garden by FY Property, Kooringa Group, MA Financial, CPDM – Australia (WINNER)Best Smart Home Development (Asia)Sanubari @ Bandar Dato Onn by JLand Group Sdn Bhd – Malaysia (WINNER)Best Integrated Work From Home Development (Asia)BLVD by OSK Property – Australia (WINNER)Best Wellness Residential Development (Asia)BLVD by OSK Property – Australia (WINNER)The Residences at The Westin Manila by RLC Residences – PhilippinesBest Heritage Development (Asia)Hotel Central Macau by Lek Hang Group – China – Hong Kong and Macau (WINNER)San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and MacauBest Mega Scale Industrial Development (Asia)Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation – Indonesia (WINNER)Best Industrial Development (Asia)Serenia Industrial Park by Sime Darby Property Berhad – Malaysia (WINNER)Light Industry & Science Park IV by Science Park of the Philippines. Inc. – PhilippinesBest Green Industrial Development (Asia)LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines (WINNER)Best Office Development (Asia)The MET Corporate Towers by Triterra Sdn Bhd – Malaysia (WINNER)83 King Lam Street by New World Development Company Limited – China – Hong Kong and MacauCybergate Iloilo Tower 3 by Robinsons Offices – PhilippinesFourE-com Center by SM Offices by SM Prime – PhilippinesJLC by Hongkong Land – Mainland ChinaOriental Square by OSI by Orient Success International Investment Joint Stock Company (OSI Holdings) – Vietnam Best Retail Development (Asia)MixC Changchun by Lead8 – Mainland China (WINNER)23 Paskal Shopping Center by PT Indonesian Paradise Property Tbk and Subsidiaries – Indonesia Best Smart Building Development (Asia)Biomedical Campus by Sinar Mas Land – Indonesia (WINNER)Best Green Development (Asia)Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V – Indonesia (WINNER)KingsQuare Residence by King Square Development Co., Ltd. – ThailandSignature Global Titanium SPR by Signature Global (India) Limited – IndiaBest Nature Integrated Development (Asia)Lentor Mansion by GuocoLand and Hong Leong Holdings Limited – Singapore (WINNER)Kisin by Yoichi Dreams – JapanThe Morizen at Summarecon Mutiara Makassar by Summarecon Group & Sumitomo Forestry – Indonesia DESIGN AWARDSBest Mega Township Masterplan Design (Asia)Medini Innopolis by Iskandar Investment Berhad – Malaysia (WINNER)Riverpark by Federal Land, Inc. – PhilippinesBest Township Masterplan Design (Asia)Ecovillage Saigon River by Ecopark – Vietnam (WINNER)Paramount Petals by Paramount Land – IndonesiaBest Mixed Use Architectural Design (Asia)K11 Shanghai, Huaihai Middle Road by Lead8 – Mainland China (WINNER)Quayside JBCC by Bangsar Heights Pavilion – Malaysia Best Condo Architectural Design (Asia)Lentoria by TID Pte. Ltd. – Singapore (WINNER)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLucky No. 16 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaMeyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporePANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and MacauThe Hillshore by FRX Capital Private Limited – SingaporeThe Spinnaker by Landco Pacific Corporation – PhilippinesBest Housing / Landed Architectural Design (Asia)Ponderosa Callista by Berinda Group – Malaysia (WINNER)The Links Golf Villas by PT. New Kuta Golf And Ocean View – IndonesiaThe Palazzo Pinklao-Borom by AP (Thailand) Public Company Limited – ThailandVong Residence by V.I Land Investment Co., Ltd. – Cambodia Best Resort Housing Architectural Design (Asia)Kisin by Yoichi Dreams – Japan (WINNER)Best Office Architectural Design (Asia)APAC Tower by APAC Land – Thailand (WINNER)GBF Center 1 by Robinsons Offices – PhilippinesJuli Road No.1 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaTHE CENDAS by S E A Holdings Limited – China – Hong Kong and MacauBest Retail Architectural Design (Asia)MITSUKOSHI BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (WINNER) Best Condo Interior Design (Asia)BLVD by OSK Property – Australia (WINNER) 2C Boundary Street by Lofter Group Limited – China – Hong Kong and MacauCasa Rivera by HWCD Design – Mainland ChinaCentury of Cultural Collection by HWCD Design – Mainland China Best Housing / Landed Interior Design (Asia)Salty Jim Villa by DM Projects Group – Indonesia (WINNER)Regalità by Da Vinci Land – SingaporeBest Suburban Housing / Landed Interior Design (Asia)Palm Springs by LP Residences Co., Ltd – Cambodia (WINNER)Best Heritage Interior Design (Asia)San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau (WINNER) Best Mega Scale Office Interior Design (Asia)ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK by Jiang & Associates Creative Design – Mainland China (WINNER) Best Office Interior Design (Asia)GBF Center 1 by Robinsons Offices – Philippines (WINNER) Best Co Working Space (Asia)work.able Robinsons Summit Center by work.able – Philippines (WINNER)Best Retail Interior Design (Asia)SKP Chengdu by Sybarite – Mainland China (WINNER)Best Hospitality Interior Design (Asia)Pan Pacific Orchard by UOL Group Limited and Pan Pacific Hotels Group – Singapore (WINNER)Best Condo Landscape Design (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER) 1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeMeyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore PUBLISHER’S CHOICEPropertyGuru Icon AwardHenry T. Sy, Jr., Non-Executive Director/Chairman of the Board, SM Prime Holdings Chairman and Chief Executive Officer, SM Development Corporation (WINNER)About PropertyGuru’s Asia Property AwardsPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 28 million property seekers(2) to connect with almost 46,000 agents(3) monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.com Piyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com Sales & Nominations:Udomluk Suwan, Sales DirectorM: +66 87 699 4433E: may@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
n-hop technologies Limited and OneAsia Network Limited Partner to Revolutionize Data Transfer and Networking Solutions ACN Newswire

n-hop technologies Limited and OneAsia Network Limited Partner to Revolutionize Data Transfer and Networking Solutions

HONG KONG, Dec 19, 2024 - (ACN Newswire via SeaPRwire.com) - n-hop technologies Limited, a leader in telecommunications and computer networking innovations, and OneAsia Network Limited (OneAsia), the AI factory enabler with data centres across APAC, have signed a Memorandum of Understanding (MOU) to collaborate on pioneering large data transfer solutions and AI Data Centre networking technologies.This partnership establishes a strategic framework to integrate n-hop's advanced BATS protocol technology into OneAsia's operations. The collaboration aims to enhance data transmission reliability and optimize network performance across a wide range of applications. By leveraging the BATS technology, the two companies intend to develop robust solutions that boost data flow efficiency and responsiveness.Invented by Professor Raymond Yeung of The Chinese University of Hong Kong and his collaborators, the BATS protocol is a groundbreaking & communication technology that has earned international recognition from IEEE and Exhibitions of Inventions (Geneva). It can greatly increase throughput and decrease latency of a communication network. Moreover, it can ensure smooth data transfer even under a high traffic environment.Key Initiatives under the MOU:1/Proof of Concept (POC) for Large Data Transfer: A trial to prove the BATS protocol's efficiency in transferring large data files between Hong Kong and other cities in Asia. This initiative will focus on improving reliability, performance, security, and bandwidth utilization. It will cover data-centre to data-centre, hybrid cloud set-up, edge datacentres to data-centre and many more.2/SD-WAN Deployment Trials: The integration of the BATS technology into OneAsia's SD-WAN offerings will be explored to strengthen its market competitiveness and business value proposition.3/High-Speed Networking for AI Data Centres: n-hop will develop a BATS protocol chipset tailored for AI data centre networking. OneAsia will provide technical input to ensure that the solution can meet the ultra-high-speed requirements.Both companies will also assess commercial models for integrating and licensing the BATS technology within OneAsia’s business framework.Stephen Ho, Co-Founder and CEO of n-hop technologies Limited, stated, “This partnership is a pivotal step toward enhancing data transfer capabilities, especially as AI-generated data volumes continue to grow. By combining our innovative BATS protocol with OneAsia’s extensive infrastructure, we aim to redefine data delivery standards and network efficiency.”Charles Lee, Founder and CEO of OneAsia, added, “We are thrilled to join forces with n-hop technologies to enhance our AI connectivity offerings. OneAsia has demonstrated proven expertise in end-to-end AI infrastructure deployment, and we are confident that integrating the BATS technology into our portfolio will accelerate large data transfers and bolster the AI ecosystem within and beyond Hong Kong.”For media inquiries or more information, please contact: Ms. Venie Lo, n-hop representative, venie.lo@n-hop.comMs. Sharon Chiang, Head of Marketing, sharonchiang@legangroup.comAbout n-hop technologies Limited n-hop technologies is dedicated to designing, implementing, and selling cutting-edge software solutions for the telecommunications and computer networking industry.About OneAsia Network Limited Established in 2009, nowadays OneAsia is a leading AI factory enabler offering a full range of infrastructure & management, neutral network & storage, GPU cloud, AI applications and AIDC colocation. The Company operates top-tier rated AI-ready data centres across Asia, including Greater China, Thailand, Japan and South Korea. The company has been involved in projects like designing and building supercomputing centres, liquid cooling systems, AIOps & MLOps for AI deployment & training. For more information, please visit www.oneas1a.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Everest Medicines Announces the First Prescription of VELSIPITY(R) in the Greater Bay Area ACN Newswire

Everest Medicines Announces the First Prescription of VELSIPITY(R) in the Greater Bay Area

SHANGHAI, Dec 18, 2024 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK, “Everest”, or the "Company"), a biopharmaceutical company focused on the discovery, clinical development, manufacturing and commercialization of innovative therapeutics, today announced that the first prescription for VELSIPITY(R) has been written at Foshan Fosun Chancheng Hospital in Guangdong, under the "Hong Kong and Macau Medicine and Equipment Connect" policy, which marks the official beginning of this new therapy benefiting patients in mainland China. VELSIPITY(R) is an innovative advanced therapy that was approved by the Pharmaceutical Administration Bureau of Macau in April 2024. It is an oral treatment taken once daily for the treatment of patients aged 16 and above with moderately to severely active ulcerative colitis (UC). UC is a chronic, relapsing, non-specific inflammatory disease, and as the disease progresses, the risk of disability and colorectal cancer incidence continues to rise. By 2030, the number of patients with UC in China is expected to more than double compared to 2019, reaching approximately 1 million, with a significant unmet need for innovative therapies. Professor Wu Ji, Director of the Gastroenterology Department at Foshan Fosun Chancheng Hospital said, "We are very happy to see that VELSIPITY(R) has been prescribed in our hospital through the 'Hong Kong and Macau Medicine and Equipment Connect' policy. With a large population of UC patients in the Guangdong province and high clinical demand, this is a significant milestone. As the only drug that has been proven to be effective in isolated proctitis in global Phase III clinical trials, VELSIPITY(R) is an oral treatment taken once daily with a favorable safety profile, providing an innovative treatment option for patients who have long been troubled by UC. We look forward to Everest Medicines further enhancing the accessibility of VELSIPITY(R) to benefit more Chinese patients in the future."As a core product of Everest Medicines, VELSIPITY(R) can provide patients with a chance for corticosteroid-free remission, mucosal healing, and rapid symptom relief. In the results of the Asian multi-center Phase 3 clinical trial of VELSIPITY(R) for the treatment of moderately to severely active UC announced in July this year, VELSIPITY(R) achieved positive topline data results in both the induction and maintenance treatment periods, providing further solid scientific basis and support for the wide application of the drug in clinical practice. In this October, through the "Hong Kong and Macau Medicine and Equipment Connect" policy, VELSIPITY(R) has officially been approved for patients with moderately to severely active UC by the Guangdong Provincial Medical Products Administration and can be used in the medical institutions designated by the Connect Policy in the Greater Bay Area, including First Affiliated Hospital of Sun Yat-sen University, Foshan Fosun Chancheng Hospital, Shenzhen Hospital of Southern Medical University and Guangzhou United Family Healthcare. Also, with the recent inclusion in the Catalog of Pharmaceutical and Medical Devices Imported from Hong Kong and Macau for the Nine Municipalities in Guangdong Province within the Guangdong-Hong Kong-Macau Greater Bay Area, VELSIPITY(R) is expected to accelerate its availability in all 45 designated medical institutions under the Connect Policy.About VELSIPITY(R) (etrasimod)VELSIPITY(R) is a once-daily, oral, sphingosine 1-phosphate (S1P) receptor modulator that selectively binds with S1P receptor subtypes 1, 4, and 5. Regulatory approvals have been granted in US, EU, Canada, Australia, Singapore, UK, Switzerland, Israel and Macau for VELSIPITY(R) in ulcerative colitis.About Everest MedicinesEverest Medicines is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company’s core therapeutic areas of renal diseases, infectious diseases and autoimmune disorders. For more information, please visit its website at www.everestmedicines.com.Forward-Looking Statements:This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
TechGALA 2025 – Aichi’s First International Startup Conference ACN Newswire

TechGALA 2025 – Aichi’s First International Startup Conference

Nagoya, Japan, Dec 18, 2024 - (ACN Newswire via SeaPRwire.com) - TechGALA, Nagoya's first major startup event, is fast approaching! From February 4-6 2025, TechGALA will open its doors to share Nagoya's business culture of innovation within a system with the world. Read on for more information about this exciting event!TechGALA will be based mainly out of Chunichi Hall and Conference Center, but events will be held at several other locations around the Sakae and Tsurumai neighborhoods - including Nagoya Innovator's Garage and the new STATION Ai campus. Check out the map below for more details:Almost a hundred speakers will be in attendance, including Professor Emori Seita from Tokyo University's Institute for Future Initiatives, Futurist Peter Swain, Chief Sustainability Officer at Toyota Motor Corporation Yumi Otsuka, and artist/writer/non-architect/drag queen Vivienne Sato.In addition to speakers from the business and academic world, representatives from major corporations and financial institutions will be in attendance as sponsors. Toyota Connected Corporation, Mitsubishi UFJ Ltd, Google Cloud, and JR Central are just some of the august names in attendance.All of our speakers, ambassadors, and representatives from the corporate world bring their own experience and expertise to the unique conditions of Nagoya and the rest of Japan. In the words of Jett Glozier from Sound Diplomacy: "I am excited to be speaking at TechGALA in Nagoya, where I will moderate a panel called ‘Will the cities of the future become utopias or dystopias?' Drawing on my experience in music, culture, city policy, and urban regeneration with Sound Diplomacy, I look forward to exploring how these elements can shape sustainable and inclusive urban landscapes. I am particularly eager to learn how these ideas might apply to the unique challenges facing Japanese cities."But speakers are not the only thing on the cards for TechGALA - we will also be hosting a slew of events over the jam-packed two days. The afternoon of February 5th sees Chunichi Hall hosting the TechGALA Global Startup Showcase pitch contest, where startups duke it out for the one-million yen purse.Contestants will pitch their early-stage company in English within one of the five themes of Mobility, Sustainable Environment, Materials, Life Sciences, and Advanced Technology. They will be evaluated by our esteemed panel of judges:Sixteen finalists from around the world have signed up to showcase their vision of a better tomorrow:1. Phenikaa-X JSC (Vietnam): https://phenikaa-x.com/2. Autopass Inc (Taiwan): https://www.autopass.xyz/3. DeviceTotal (Singapore): Portal.DeviceTotal.com4. Onoma AI (Korea): https://tootoon.ai/en5. Smartsound Corporation (Korea): https://www.youtube.com/watch?v=p_KiBuCh3506. Acompany (Japan): https://acompany.tech/service/autoprivacy/datacleanroom7. Map IV (Japan): https://www.map4.jp/solutions/8. JOYCLE (Japan): https://joycle.net/#service9. AC Biode (Japan): https://acbiode.com/plastalyst/10. Human Life Cord (Japan): https://humanlifecord.com/11. Baobab, Inc (Japan): https://baobab-trees.com/en12. Preferred Computational Chemistry (Japan): https://matlantis.com/ja/13. Choira Musictech (India): https://choira.io/14. IANUS Simulation (Germany): https://ianus-simulation.de/en/stroemungsraum/15. FAIRMAT (France): https://www.fairmat.tech/16. Spornado (Canada): https://spornadosampler.com/about-us/about-us-spornado-system/Don't have a full pitch but still want to get involved? One of the most exciting events we have planned is a speed-dating style business matching with open innovation partners. 16 corporate partners will be present all day, available for short introductory meetings with attendees. Whether you're pitching your business plan, seeking funding for your SME, or seeking mentorship, this is the perfect opportunity. This event is only available for Business Pass holders; but if you want to have a more thorough meeting, the TechGALA Executive Pass ticket includes a concierge service to set that up - among many other benefits!The Executive Pass is under the same early-bird discount as all our other tickets; 20% off until the 4th of January. Be sure to follow the link below to our website to purchase your tickets so you don't miss out!Contact InformationTech GALA MediaMedia Relationsen-contact@techgala.jp03-6407-9982Related ImageslocationjudgespricingSOURCE: TechGALA Copyright 2024 ACN Newswire via SeaPRwire.com.
More
ASEAN Ceramics & ASEAN Stone 2024 Reaches New Heights with Record-Breaking Visitor Turnout ACN Newswire

ASEAN Ceramics & ASEAN Stone 2024 Reaches New Heights with Record-Breaking Visitor Turnout

- ASEAN Ceramics & Stone 2024 closes with an increase of 65% in visitorship, with unique buyers from 40 countries attending over the 3 days.- The event hosted 200 conference delegates, and tailored factory tours, manufacturer’s gallery, hosted buyer program and seminar organized by Vietnam Building Ceramic Association (VIBCA).- ASEAN Ceramics & Stone establishes its position as the largest gathering for the ceramics and natural stone industries in Vietnam across the ASEAN region.HO CHI MINH CITY, VIETNAM, Dec 18, 2024 - (ACN Newswire via SeaPRwire.com) - Messe München proudly announces the successful conclusion of ASEAN Ceramics & ASEAN Stone 2024, the premier international trade fair for Machinery, Technology, and Materials for the Ceramics industry. Co-organized in partnership with the Vietnam Building Ceramic Association (VIBCA), the tradeshow drew in a global audience of over 3,500 industry professionals and hosted over 300 international companies and brands right at the Saigon Exhibition and Convention Centre (SECC), Ho Chi Minh City, Vietnam, into a vibrant hub of innovation.The event experienced exceptional success, featuring its largest-ever edition with an increase in exhibition space, and both attending exhibitors and visitors. The inclusion of country pavilions from Italy, Germany, China, India, Thailand and Vietnam added to the international diversity of the exhibitor profile, solidifying the exhibition as the ultimate platform for unveiling industry advancements and fostering collaborations among key players.The three-day event was buzzed with activities, including leading companies and brands showcasing the latest developments of raw ceramic materials, a world-class conference program featuring over 30 conference sessions and panel discussions focusing on solutions to the latest challenges faced by both ceramics and natural stone industry and the innovative strategies presented by industry leaders and experts. Other features include pre-event factory tours, buyer-seller programs, beer networking function and hosted buyer delegations from Thailand, India, Vietnam, and China. The Opening Ceremony, graced by Deputy Minister Mr. Nguyen Van Sinh from the Ministry of Construction in Vietnam, set the tone for the event. A total of 500 buyer-seller meetings occurred, connecting exhibitors with their potential buyers. The VIBCA seminar featured industry leaders from the local ceramic and building associations, sharing country projects and insights.The 2024 trade fair exhibitors include national and international industry giants from both the ceramics and stone industries – CERTECH Group, Esmalglass-Itaca (Vietnam), Puresil India, Minnovation Group, VITIS JSC, TQT, Imerys, Kyocera, Sedlecký Kaolin from the Ceramics industry, and Breton SpA, Fortune Stones, SIMEC SPA, Rithy Granite (Cambodia) Co., Ltd, The Square Stone, and Bao Lai Stone from the Stone industry. The exhibition shows featured international exhibitors from – Germany, Spain, Italy, Egypt, Indonesia, United Kingdom, Czech Republic, Slovenia, Bulgaria, Turkey, Australia, India, Japan, South Korea, Thailand, Hong Kong, Australia, Malaysia, Singapore, Vietnam and China[VF1] . The ACIMAC, Confindustria Marmomacchine, the Deutsche Keramische Gesellschaft (DKG), CCPIT, the Federation of Indian Export Organizations (FIEO), and the Thai Ceramic Society supported the exhibition with Italian, German, China, Indian and Thailand Pavilion respectively. The formation of international pavilions offered buyers, specifiers, and influencers the opportunity to source products, gain design inspiration, and expand their businesses with the latest innovations in materials, equipment, tools, and technology.Mr. Michael Wilton, CEO and Managing Director of MMI Asia, expressed during the exhibition, “ASEAN Ceramics has once again proved that it is the number one meeting place in Southeast Asia for the ceramics industry. ASEAN Ceramics has played its role, bringing these people together, and it enables the industry to innovate, collaborate, work together to further enhance the industry here in Southeast Asia. This edition is also special because we introduce a new segment, ASEAN Stone. ASEAN Stone is again bringing together the stone manufacturers, the stone producers, the quarries to further the technology, the advancement, the understanding of the industry here in Southeast Asia.”Plans for ASEAN Ceramics 2025 are already in progress for the next edition, scheduled to be held on October 15-17, 2025, at Hall 5, IMPACT Exhibition & Convention Centre, Bangkok, Thailand. ASEAN Stone exhibition will be continued in Hanoi in 2026. The remarkable gathering at ASEAN Ceramics and ASEAN Stone 2024 underscores the increasing demand for ceramic and natural stone machinery, technologies, and materials in the region. The event has set the stage for further advancements in the industries, playing a pivotal role in driving innovation, promoting investment, and facilitating knowledge exchange in the ceramic manufacturing sector.About Messe MünchenAs one of the world’s leading trade fair organizers, Messe München presents the world of tomorrow at its about 90 trade fairs worldwide. These include twelve of the world’s leading trade fairs such as bauma, BAU, IFAT, electronica, and ISPO. Messe München’s portfolio comprises trade fairs for capital and consumer goods, as well as for new technologies. Together with its subsidiaries, it organizes trade fairs in China, India, Brazil, South Africa, Turkey, Singapore, Vietnam, Hong Kong, Thailand, and the U.S. With a network of more than 15 affiliated companies and almost 70 representations worldwide, Messe München is active in more than 130 countries. The more than 150 events held annually attract around 50,000 exhibitors and around three million visitors in Germany and abroad.About MMI Asia Pte LtdEstablished in 1992, MMI Asia is the wholly owned subsidiary and the regional headquarters of Messe München GMBH (MMG) and is one of the world largest and leading exhibition organizers. MMI Asia’s portfolio of events include editions of world-leading trade fairs from Munich – transport logistic & air cargo, analytica, ceramitec; as well as industry-specific events such as Glasstech and Fenestration Asia, Asia Climate Forum, and Singapore International Water Week. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations. For more information, please visit www.mmiasia.comAbout Vietnam Building Ceramic Association (VIBCA)Vietnam Building Ceramic Association is a professional organization, non-governmental, voluntary, established under Decision No. 41/1999 / QD - BTCCBCP dated 04-10-1999 of the Minister, Head of the Organizing Committee Government personnel. Currently VIBCA includes around 100 members are enterprises of different economic sectors, operating mainly in the field of building ceramics, including the associate members are research institutions, investment consulting, manufacturing and mechanical engineering. VIBCA is a member of the Association of Asean Ceramics Industry CICA and intimate relationship with the Association Ceramics of countries in Asean and in the world.Contact:MMI Asia Pte. Ltd.Valerie Fang – 65 8498 5538Marketing Executivevalerie.fang@mmiasia.com.sgVietnam Building Ceramic AssociationMs Vu Thi Kim Dung – 84 915114000Chief of Foreign Affairsvibcaoffice@gmail.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
GENERALIFX Unveils Multimillion-Dollar AI Strategy Autopilot to Revolutionize Trading ACN Newswire

GENERALIFX Unveils Multimillion-Dollar AI Strategy Autopilot to Revolutionize Trading

LONDON, Dec 17, 2024 - (ACN Newswire via SeaPRwire.com) - GENERALIFX, a premier trading software provider and financial education platform, is excited to announce the official launch of its Multimillion-Dollar AI Strategy Autopilot. This groundbreaking innovation leverages advanced AI-driven technology to help investors make precise and informed trading decisions on autopilot across global markets.GENERALIFX is proud to emphasize its role as a trading software provider and not a broker. The company's mission is to empower traders by providing cutting-edge tools, AI algorithms, and education to enhance their trading journeys while maintaining the highest levels of transparency.AI Strategy Backed by Myfxbook-Verified Results and 5-Star Trustpilot RatingsThe Multimillion-Dollar AI Strategy Autopilot has already garnered immense praise from the trading community for its exceptional performance. Its verified results on myfxbook showcase industry-leading accuracy and consistency, setting a new benchmark for automated trading solutions. With transparency at its core, GENERALIFX allows users to witness the AI's real-world performance in action-results that truly must be seen to be believed.Further underscoring its credibility, GENERALIFX maintains a 5-star rating on Trustpilot, reflecting the trust and satisfaction of thousands of global traders. This combination of verifiable success and stellar user feedback positions GENERALIFX as the go-to platform for traders seeking efficiency, reliability, and results."Trading has never been more accessible and innovative," said a GENERALIFX spokesperson. "The Multimillion-Dollar AI Strategy Autopilot offers a new level of precision and ease, combining cutting-edge AI technology with a user-friendly approach. Our verified results and unwavering trust on Trustpilot prove that GENERALIFX is the ultimate partner for traders worldwide-empowering them to achieve success in markets like forex, crypto, gold, stocks, and oil."Empowering Traders Through Education and InnovationGENERALIFX believes in a learn-and-earn philosophy, combining automation with education. Alongside its AI-driven solutions, the company provides comprehensive resources designed to help traders at every level master their craft.From step-by-step tutorials on how to trade forex, stocks, and commodities like gold and oil, to in-depth guides on crypto trading strategies, GENERALIFX ensures that users are equipped to understand the markets they trade in. Whether you're an experienced investor or a beginner, GENERALIFX empowers you to become a confident, knowledgeable trader.Learn more about GENERALIFX's educational resources here.Designed for Every Type of TraderThe Multimillion-Dollar AI Strategy Autopilot is tailored to meet the needs of all traders:Beginners benefit from automated trades while learning through GENERALIFX's educational platform.Experienced traders amplify their performance with precise AI-driven strategies.Passive investors enjoy peace of mind as the AI identifies and executes trades on autopilot.Covering a range of asset classes-including forex, stocks, cryptocurrencies, gold, and oil-this AI solution is versatile, adaptive, and powerful. Traders can customize their risk parameters, trading styles, and goals to achieve optimal results.Why GENERALIFX Stands OutGENERALIFX's focus on transparency, performance, and education makes it unique in the trading landscape. Here's why traders choose GENERALIFX:Verified Results: Real-world, myfxbook-verified performance to ensure trust and transparency.5-Star Trustpilot Rating: Thousands of satisfied traders globally.Innovative AI Solutions: Trade smarter with AI-powered algorithms.Educational Excellence: Learn to trade with professional guides, tutorials, and strategies.Non-Broker Commitment: GENERALIFX is a software provider and does not act as a broker, ensuring impartiality.Through strategic partnerships with Tier-1 international brokers, GENERALIFX ensures users operate in secure, regulated trading environments for the best experience.Ready to Experience the Future of Trading?GENERALIFX invites traders worldwide to experience the future of trading with its Multimillion-Dollar AI Strategy Autopilot. Whether you want to automate your trades, improve your performance, or expand your market knowledge, GENERALIFX provides the tools, transparency, and education needed to succeed.See the verified myfxbook results and discover how GENERALIFX's AI strategy can transform your trading journey. Learn more about mastering financial markets with GENERALIFX here.About GENERALIFXGENERALIFX is a trusted trading software provider and educational platform dedicated to empowering traders through innovation, verified results, and comprehensive learning resources. GENERALIFX is not a broker but partners with Tier-1 international brokers to provide users with a secure and seamless trading environment.Media Contact:GENERALIFX Public RelationsEmail: support@generalifx.comWebsite: https://generalifx.comSOURCE: GENERALIFX Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Q2 Metals Announces Final Analytical Results from the 2024 Drill Campaign at the Cisco Lithium Property, James Bay, Quebec, Canada, and Proceeds of $1.9 Million from Warrant Exercises ACN Newswire

Q2 Metals Announces Final Analytical Results from the 2024 Drill Campaign at the Cisco Lithium Property, James Bay, Quebec, Canada, and Proceeds of $1.9 Million from Warrant Exercises

Highlights:Strong analytical results for drill hole CS-24-020 include several wide intervals containing:26.5 m at 1.08% Li2O,15.8 m at 1.43% Li2O,41.6 m at 0.90% Li2O, and13.5 m at 1.25% Li2O.Proceeds of $1.9 million received on exercise of warrants expiring December 15, 2024.Vancouver, BC, Dec 17, 2024 - (ACN Newswire via SeaPRwire.com) - Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) ("Q2" or the "Company") is pleased to report that it has received core assay results on drill hole CS-24-020, as well as one small interval that was remaining on drill hole CS-24-021 from the 2024 drill campaign at the Cisco Lithium Property (the "Property" or the "Cisco Property") located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. All core assay results from the 2024 drill campaign at the Cisco Property have now been received and reported on.The Company also announces that all share purchase warrants originally issued in a December 2022 private placement financing were exercised in advance of their December 15, 2024 expiry date. Total proceeds of $1,906,250 was received from the exercise of 6,250,000 share purchase warrants bearing a strike price of $0.305 per share."2024 has been a transformative year for Q2. Since its acquisition in February 2024, we have been focused on the Cisco Property, which has far surpassed our lofty expectations," said Neil McCallum, Q2 Metals Vice President of Exploration. "With the final drill results now reported on from our 2024 exploration campaign, we are eager to resume work on Cisco in late January and expand on the exceptional results we've received so far.""We are pleased that the cash proceeds from the exercise of expiring warrants, as well as the exercise of other in-the-money warrants, will further add to Q2's strong balance sheet, providing us with a solid financial foundation from which we will continue to build shareholder value through the drill bit with our 2025 winter exploration program," said Alicia Milne, President and Chief Executive Officer of Q2 Metals. "Plans for the winter campaign at Cisco are being finalized and will be detailed early in the new year."Results for CS-24-020The analytical results reported herein represent 405 m of drilling over one (1) hole (CS-24-020), as well as the uppermost interval of drill hole CS-24-021, during the 2024 drill campaign. Complete highlighted intervals from hole CS-24-020, are summarized in Table 1 and represented in Figure 1, with two cross sections in Figures 2 and 3.Figure 1. Map of Recent Drill Holes with Analytical Results at Cisco PropertyDrill hole CS-24-020 was drilled on the same pad as hole CS-24-023 and approximately 150 m to the southeast of hole CS-24-019. The results reveal several separate mineralized intervals including the widest intervals: 26.5 m at 1.08% Li2O, 15.8 m at 1.43% Li2O, 13.5 m at 1.25% Li2O and 41.6 m at 0.90% Li2O.Figure 2. Cross Section C (looking northeast)All drill holes from the 2024 drill campaign are detailed in Figure 3 from northeast to southwest and represent a drill-defined strike length of approximately 850 m. The surface outcrops and drilling suggest that the mineralization may continue to the south for another 1,050 m.As previously reported, drill hole CS-24-023, drilled from the same drill pad as CS-24-020, confirms the continuity of the mineralized system to the southeast and the mineralized system remains open in both directions.Figure 3. Long Section containing all holes drilled to-date (looking southwest)Table 1. Summary of Analytical Results of Spring Drill Holes at Cisco PropertyAll intervals of greater than 2 m of core-length are included in the table. Internal dilution of non-pegmatite material was limited to intervals of less than 5 m. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole. Complete drill hole collar, lithology and assay information is available at: www.q2metals.com/property/cisco-lithium-property/Sampling, Analytical Methods and QA/QC ProtocolsDrill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness. All drill core samples were shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The Li grade presented herein was reported by SGS Canada as lithium oxide (Li 2O).Upcoming EventsAME Roundup Core ShackQ2 is pleased to have been selected as a participant in the core shack at the upcoming AME annual Roundup conference being held in Vancouver, BC from January 20 - 23, 2025.Vice President of Exploration Neil McCallum as well as senior project geologists will be on hand with core from the 2024 drill season at Cisco. Mr. McCallum will also be presenting at the Critical and Base Metals Speaker Session on Tuesday January 21, 2025.For more information on AME Roundup, please click here.PDAC Booth and Core ShackThe Company will be attending and exhibiting on site at the 2025 Prospectors & Developers Association of Canada event ("PDAC 2025") in Toronto, ON. Q2 is exhibiting in the Investors Exchange from March 2 - 5, 2025 at booth number 2726.Additionally, Q2 Metals is pleased to announce that the Company has been selected to exhibit core from the Cisco Lithium Property at PDAC 2025. More details to be provided as the event approaches.For more information on PDAC 2025, please click here.Qualified PersonNeil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 ("QP") and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.About Q2 Metals CorpQ2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.The Cisco Property is comprised of 767 claims, totaling 39,389 hectares ("ha"). The Cisco Property transects the Billy Diamond Highway, and the main mineralized zone is located only 6.5 kilometres ("km") away from the highway. The Cisco Property is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay; and is within the greater Nemaska traditional territory of the Eeyou Istchee Territory, James Bay, Quebec.The Cisco Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.The Cisco Lithium Property has district-scale potential with an already identified mineralized zone and discovery drill results that include:120.3 metres at 1.72% Li2O (hole CS-24-010);215.6 metres at 1.69% Li2O (hole CS-24-018);347.1 metres at 1.35% Li2O (hole CS-24-021); and188.6 metres at 1.56% Li2O (hole CS-24-023)Since May 2024, the Company has drilled a total of 6,359.7 m over 17 holes. All drill holes intercepted pegmatite with visual indications of spodumene mineralization identified.FOR FURTHER INFORMATION, PLEASE CONTACT:Alicia MilnePresident & CEOAlicia@Q2metals.comJason McBrideCorporate CommunicationsJason@Q2metals.comTelephone: 1 (800) 482-7560E-mail: info@Q2metals.comWWW.Q2Metals.comFollow the Company: Twitter, LinkedIn, Facebook, and InstagramForward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedarplus.ca.Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.Neither the 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.SOURCE: Q2 Metals Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
SRKay Consulting Group: Establishing a Global Capability Center in India ACN Newswire

SRKay Consulting Group: Establishing a Global Capability Center in India

MUMBAI, INDIA, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - SRKay Consulting Group announces the release of its highly anticipated whitepaper, “Strategic Insights for Establishing a GCC in India: A C-Suite Perspective.” This comprehensive report provides global corporations with actionable strategies to harness India’s unparalleled advantages, including cost efficiency, an innovation-driven workforce, and a supportive regulatory ecosystem.With over 1,700 GCCs employing 1.66 million professionals, India is a global hub for innovation and operational excellence. The whitepaper explores the factors behind India’s rapid growth as the premier destination for GCCs, offering businesses a roadmap to long-term success.Key Highlights from the Whitepaper1. Strategic Advantages:- Up to 70% savings on IT talent acquisition costs compared to developed markets.- Regulatory frameworks like 100% FDI and simplified compliance make India an ideal investment choice.2. Technological Innovation:- Investments in AI, machine learning, and RPA are driving India’s GCCs toward global leadership in digital transformation.- Adoption of emerging technologies like Digital Twins and generative AI is reshaping industries.3. Diverse GCC Models:- Captive, vendor-managed, and co-sourced models allow businesses to align GCCs with their unique operational goals.4. Case Studies:- Walmart: Leveraging AI in Bengaluru for enhanced supply chain management and customer experience.- AWS: Driving India’s digital transformation through multi-billion-dollar investments in Hyderabad.- Goldman Sachs: Balancing financial innovation with community development initiatives.5. Future Trends:- By 2030, India’s GCC workforce is projected to grow to 4.5 million, underlining its importance as a global business hub.- Increased focus on R&D, innovation, and sector diversification to drive sustained growth.Expert Insights"India’s GCC ecosystem has evolved from a cost-driven model to a value-centric hub for global innovation and transformation. Our whitepaper offers a step-by-step guide for organizations seeking to establish, scale, and innovate in India." — Karunjit Kumar Dhir, CEO, SRKay Consulting GroupWhy Download the Whitepaper- Discover the top strategic locations in India for GCCs, including Bengaluru, Hyderabad, and Pune.- Learn about state-specific incentives and policies that enable seamless market entry.- Explore real-world case studies that showcase how leading companies are leveraging India’s resources for global impact.Download the Whitepaper and take the first step toward building a GCC that drives innovation and operational excellence.About SRKay Consulting GroupOperating across eight countries, SRKay Consulting Group specializes in establishing efficient GCCs and offshore entities. With a focus on innovation, regulatory expertise, and operational precision, SRKay empowers businesses to unlock global opportunities and achieve sustainable growth.Contact Information:Komaldeep KaurEmail: Komal@mianext.com Explore More: www.srkay.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The PropertyGuru Asia Real Estate Summit marks landmark 10th edition with aspirational discourses on future of cities ACN Newswire

The PropertyGuru Asia Real Estate Summit marks landmark 10th edition with aspirational discourses on future of cities

ARES 2024 ANCHORS PROPERTYGURU WEEK, FEATURING DEBUT OF THE MIDDLE EAST AWARDS AND OTHER MILESTONESBANGKOK, Dec 18, 2024 - (ACN Newswire via SeaPRwire.com) - The 10th edition of the PropertyGuru Asia Real Estate Summit (ARES), the thought leadership platform of PropertyGuru Group, gathered experts and thought leaders to discuss the intersecting issues moving and shaking the real estate industry, including technology, design, business development, economics, and more.Themed “Shaping the Aspirations of Future Cities,” ARES 2024 attracted more than 300 delegates to The Athenee Hotel, a Luxury Collection Hotel, Bangkok on Thursday, 12 December 2024 for a series of insightful discourses. Around 30 speakers from around the world participated in talks, keynotes, and panel discussions at the 2024 Summit, which was thematically segmented into Building Future Communities; Powering Innovative Businesses; and Embracing Shared Prosperity.Jules Kay, General Manager, PropertyGuru Asia Property Awards & EventsJules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “Cities are a canvas for the real estate industry, and the 10th edition of the PropertyGuru Asia Real Estate Summit provided valuable insights into the aspirations of urban living. Through these discussions and critical conversations, we learned how residents and businesses will create and inhabit built spaces moving forward. The collective ideas and collaboration we’ve witnessed during PropertyGuru Week once again made it a truly meaningful milestone for our industry in Asia.”The Summit showcased keynote addresses from leading personages who provided invaluable insights into urban living, economic trends, and the life-changing potential of real estate, among others. Hari V Krishnan, CEO and managing director of PropertyGuru Group, welcomed attendees by emphasising the importance of developing real estate development in sync with the aspirations of urban dwellers.Welcome Keynote: Shaping the Aspirations of Future Cities by Hari V. Krishnan, CEO & Managing Director, PropertyGuru GroupHari V Krishnan said: “We power communities to live, work, and thrive in tomorrow's cities. This year’s summit convened leading experts and stakeholders from across Asia and beyond to address the challenges and opportunities impacting our urban environments. This exchange of ideas reaffirmed that thoughtfully planned, environmentally conscious spaces are crucial to sustaining cities as they accommodate the next generations of property seekers and enterprises. We all leave the event inspired for the future.”The Economist Keynote: Asia’s Economic Landscape in 2025 by Sumana Rajarethnam, Director, South-East Asia, The Economist Intelligence Corporate NetworkReturning this year was Sumana Rajarethnam, director for South-East Asia at The Economist Intelligence Corporate Network, who provided an in-depth, data-driven keynote on the Asian economy, contextualising the region’s growth opportunities and challenges into the next year. Future Aspirations: Living the Dream by Golf Pichaya Nitipaisalkul, Thai Pop Superstar, Actor, CreatorPop superstar, actor, and creator Golf Pichaya Nitipaisalkul humanised the summit with a keynote that resonated with the universal aspirations of city dwellers and shared his journey to finding his dream home.Stephen Oehme, chairperson of the Summit, value management specialist, sustainability advocate, and managing director of Quantum, delivered a message on the global outlook for Asia Pacific.Panel Discussion: Defining Future Homes, from left to right: Muhammad Adhiguna Sosiawan, CMO & Director of Architecture, Mas Group (Indonesia); David Chong, Chief Operating Officer, REHDA Institute (Malaysia); Anton Love Wormann, Creator, Anton in Japan / Entrepreneur / Real Estate Advisor; and Moderator Dr Nai Jia Lee, Head of Real Estate Intelligence, PropertyGuru GroupComplementing the keynote addresses, the Summit’s panel discussions offered diverse perspectives on pivotal topics. Experts joined Dr. Nai Jia Lee, head of real estateintelligence at PropertyGuru Group, in a panel discussion defining future homes: AntonWormann, creator of Anton in Japan, entrepreneur, and real estate advisor; David Chong, chiefoperating officer of REHDA Institute (Malaysia); and Muhammad Adhiguna Sosiawan, CMO and director of architecture at Mas Group (Indonesia).Panel Discussion: Branded Residences: Redefining Luxury Living, from left to right: Gianfranco Bianchi, General Manager, Asia Pacific, The One Atelier; Leanne Reddie, Chief Development Officer, GHM Hotels; Penny Trinh, Vice President, Mixed-Use Development, Marriott International; Saowarin Chanprakaisi, Vice President, Business Development, The Ascott Limited; and Moderator Bill Barnett, Founder & MD, C9 HotelworksIn addition to future homes, the Summit provided an analysis on the branded residences sector. Bill Barnett, founder and managing director of C9 Hotelworks, moderated a panel that included hospitality stalwarts Gianfranco Bianchi, general manager for Asia Pacific at The One Atelier; Leanne Reddie, chief development officer of GHM Hotels; Penny Trinh, vice-president for mixed-use development at Marriott International; and Saowarin Chanprakaisi, vice-president for business development at The Ascott Limited.The influence of culture, communites, and built spaces also took centre stage with a panel discussion among Wendy McEwan, VP for transformation and chief of staff at the Office of the CEO, PropertyGuru Group; Alex Bentley, digital creator; Chelsea Perino, managing director of global communications of The Executive Centre; Kristin Thorsteins, founder and co-managing partner of Portman Investments; and Michael Jones, certified ergonomist and wellness coach at Pain-Free Me Studio.Leading thinkers in architecture and design also shared their insights in a panel discussion on designing for impact. Moderated by Stephen Pimbley, founder partner and director of SPARK Architects, the panel featured Colin Chee, creator and creative director of Never Too Small; Jessica Bianca Sy, VP and head of design, innovation, and strategy at SMDC; Patrick Keane, founder of Enter Projects Asia; and Shao-wei Huang, associate director of Zaha Hadid Architects.The final panel discussion tackled the convergence of culture and innovation in giga-cities within the Middle East, with David Johnson, CEO of Delivering Asia, moderating. Panellists included James A. Kaplan, CEO of Destination Capital; Khalid Otain, managing partner of HLB Middle East; and Stephen Oehme.Emceed by international events and podcast host Tina Ryan, ARES 2024 was one of the anchor events of PropertyGuru Week. The Summit was followed by the ARES VIP Cocktail Party, celebrating five Power Women who have become exemplars of diversity, equity, and inclusion in real estate and related fields.Asia Real Estate Summit 2024 - Power Women Awardees, from left to right: Hari V. Krishnan, CEO & Managing Director, PropertyGuru Group; Jessica Bianca Sy, Vice President, Head of Design, Innovation & Strategy, SM Development Corporation; Ixora Ang, Managing Director, Marketing & Sales and Business Development, Tropicana Corporation Berhad, Dora Chng, Residential Director, GuocoLand Limited; Vivin Harsanto, Senior Director, Head of Advisory, JLL Indonesia; Dr. Kessara Thanyalakpark, Managing DireThrough initiatives like the celebration of Power Women, ARES 2024 renews its commitment to diversity, equity, and inclusion. Summit delegates received gifts crafted by women and families supported by the social enterprise Dao Ethical Gifts.The Summit also paved the way for the PropertyGuru Asia Property Awards International Luncheon, which presented the inaugural awards for the Middle East, alongside the latest awards for Cambodia, Mainland China, Hong Kong, Macau, India, Japan, and Sri Lanka. PropertyGuru Week concluded with a series of insightful presentations by Anton Love at Cinema Oasis Bangkok.The 10th PropertyGuru Asia Real Estate Summit 2024 is sponsored by Sub-Zero Wolf, Delivering Asia, and PropertyGuru for Business and supported by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; media partners Bridges, BusinessWorld, Detik.com, Kompas.com, Luxury Society Asia, Manila Bulletin, Prop2morrow, Tatler Asia Homes, and The Philippine Star; and supporting association REHDA Institute. The ARES VIP Cocktail Party is sponsored by PropertyGuru For Business.For more information, email ares@propertyguru.com or visit the official website: AsiaRealEstateSummit.com.About PropertyGuru Asia Real Estate SummitPropertyGuru Asia Real Estate Summit (ARES) is the premier gathering of the industry’s finest minds, top-level business leaders and decision-makers. Designed to ‘educate, innovate and inspire,’ ARES focuses on advancements in property technology, green building, sustainability, diversity, inclusivity, and innovation. More than 500 registered in-person and virtual delegates, comprising real estate and proptech experts, climate heroes, sustainability champions, trendsetters, and tech startup executives from around the region and beyond participate to refresh thinking, exchange ideas and connect with peers at ARES, which features global keynotes, case studies, panel discussions, partner booths and networking lunch.ARES is part of the exciting ‘PropertyGuru Week’ in December 2024, coinciding with the PropertyGuru Asia Property Awards Grand Final gala and presentation ceremony, which is joined by the region’s finest real estate developers and leaders, and watched by investors, agents, and consumers via livestream.For more information, please visit: AsiaRealEstateSummit.com.About PropertyGuru GroupPropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.comPiyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.comMarketing:Marco Bagna-Dulyachinda, Product Lifecycle Marketing ManagerM: +66 94 954 4154E: marco@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Mainland China, Hong Kong, Macau companies triumph at finale of 2024 PropertyGuru Asia Property Awards ACN Newswire

Mainland China, Hong Kong, Macau companies triumph at finale of 2024 PropertyGuru Asia Property Awards

ZHUHAI HUAFA PROPERTIES CO., LTD. LEAD AWARD-WINNING DEVELOPERS AND DESIGN PRACTICES IN THE PROPERTYGURU ASIA PROPERTY AWARDS GRAND FINALHONG KONG, Dec 18, 2024 - (ACN Newswire via SeaPRwire.com) - Developers and design practices from Mainland China, Hong Kong, and Macau emerged as regional winners at the 19th PropertyGuru Asia Property Awards Grand Final, held on Friday, 13 December 2024 at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.The Grand Final followed the 11th PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau), which took place earlier in the day during an exclusive luncheon and ceremony at the same venue.Besting real estate companies across the region, Zhuhai Huafa Properties Co., Ltd. triumphed as Best Developer (Asia). The prestigious golden statuette complemented its earlier win as Best Developer (Mainland China) and accolades for the projects Shenzhen Huafa Snow World and Xi'an Huafa Lijun ‧Center Glorious during the 11th PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau).International acclaim also followed for Lead8, which claimed Best Retail Development (Asia) for MixC Changchun and Best Mixed Use Architectural Design (Asia) for K11 Shanghai, Huaihai Middle Road. These projects also won Best Retail Development (Mainland China) and Best Mixed Use Architectural Design (Mainland China) earlier in the day.Jiang & Associates Creative Design won Best Mega Scale Office Interior Design (Asia) for ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK, which also received the Best Office Interior Design (Mainland China) award.Sybarite garnered Best Retail Interior Design (Asia) for SKP Chengdu, a project that earlier won Best Retail Interior Design (Mainland China).Hong Kong and Macau developers also showcased excellence at the Grand Final. PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited was recognised as Best Luxury Waterfront Condo Development (Asia), following earlier wins for Best Luxury Waterfront Condo Development (Hong Kong and Macau) and Best Luxury Condo Architectural Design (Hong Kong and Macau).Lofter Group Limited claimed Best Connectivity Condo Development (Asia) for 1 Ki Lung Street. The company was also named Best Boutique Developer (Hong Kong and Macau), with additional accolades for 1 Ki Lung Street and 2C Boundary Street.New Orient Group took home Best Heritage Interior Design (Asia) for San Tung Fong Commerical Inn North Wing (Former Lok Kok Restaurant Building) while Lek Hang Group received Best Heritage Development (Asia) for Hotel Central Macau. Both projects were also recognised in the Hong Kong and Macau categories.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: "The real estate achievements recognised through our Awards in Mainland China, Hong Kong, and Macau highlight properties that offer a glimpse into the cities of tomorrow. As developers lead the creation and adoption of green technologies, the judges noted advances in sustainable design, underscoring a commitment to ESG, as well as excellence in development.. Through these marks of excellence, we hope to make a positive contribution to the rise of quality real estate in Mainland China, Hong Kong, and Macau."Ken Ip, chairman of Asia MarTech Society, said: “Congratulations to all the winners in Mainland China for once again setting benchmarks in property development and design. The remarkable properties they have created—ranging from ultra-luxury residences to high-end developments, new constructions to revitalised assets, and mixed-use projects to sales galleries—reflect a truly world-class environment. These achievements highlight how far China has progressed, with structures that match the scale and ambition of its economy.”Paul Tse, president of Macao Association of Building Contractors and Developers, said: “Hong Kong and Macau continue to be hubs for impressively built projects, as demonstrated by the outstanding quality of this year’s award winners. We are particularly proud to have presented an accolade for excellence in ESG and heritage development, in line with the international community’s continuing focus towards sustainable and socially responsible practices. This year’s awards are also a celebration of diversity, of forward-looking developments as well as the preservation and adaptive reuse of properties embedded in tapestries of culture and history. Congratulations to all the winners.”The independent panel of judges for Mainland China consists of Ken Ip, chairperson of the Awards in Mainland China; Coco Lin, principal and project director at B+H Consulting International Inc.; Chou Kuang Ming (Ray), founder and creative director at Vermilion Zhou Design Group; Eunice Wu, product director at China Merchants Shekou/Overseas Development Division; Fang Lei, founder at One House Design; Guo Nu, founder and design principal at AUD Architect and Urban Design; James Woo, executive director, co-head of valuation and advisory services at China Colliers; Jesse Wang, design director at F.G Studio; Luo Minjie, director of planning and design department at Sichuan Waterfront Urban and Rural Development Co., Ltd; Wang Shaoqing, founder and chief designer at CLV.DESIGN; Wei Jinjing, founder and chief creative director at Nature Times Art Design; and Zhong Ling, founder at DUTS design.The independent panel of judges for Hong Kong and Macau consists of Paul Tse, chairperson of the Awards in Hong Kong and Macau; Bernie Devine, senior regional director, Asia Pacific, Yardi Systems, Inc.; Edmond Yew, vice-president, China Real Estate Chamber of Commerce (HK and International Chapter); Gregory Ku, independent property professional; Jimmy Wardhana, co-founder and principal architect, JWCC Architecture Co. Ltd; Oliver Tong, general manager, Jones Lang LaSalle Macau & Zhuhai; Vincent Cheung, founder and managing director, Vincorn Consulting and Appraisal Limited; and Yu Kam Hung, past president, The Hong Kong Institute of Surveyors.The winners of the Grand Final were chosen by an independent jury, composed of the head judges of participating markets in the Awards: Thien Duong, chairperson of the Grand Final and general director, GroupGSA Vietnam (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Japan); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ivan Lam, executive director, international business, Charter Keck Cramer (Australia); Ken Ip, chairman, Asia MarTech Society (Mainland China); Kristin Thorsteins, co-founder & managing partner, Portman Investment Pte Ltd (Singapore); Dr. Nirmal De Silva, director and CEO, Paramount Realty (Sri Lanka); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (Hong Kong and Macau); Sorn Seap, president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).The rigorous and impartial selection process was supervised by Baicheng Tax Services – HLB China, led by Eric Dong and Ben He, alongside HLB Hodgson Impey Cheng Limited – HLB Hong Kong, represented by Clara Ng and Jack Tien. Paul Ashburn of HLB International Real Estate Group also supervised the selection process of the Grand Final. The official supervisors are part of the “2024 Network of the Year” winner HLB International, the global network of independent professional accounting firms and business advisers.Organised by PropertyGuru Group, the 11th PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau) programme is supported by official partner Anjuke; official marketing partner Global Design Awards Lab; official magazine Property Report by PropertyGuru; official publicity partner Molihua Media Group (MMG); media partners Mingtiandi and The Standard; and official supervisor HLB.The 19th PropertyGuru Asia Property Awards Grand Final is supported by gold sponsor V-ZUG Thailand; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; media partners Bridges, BusinessWorld, d+a Magazine, Detik.com, Hot Magazine, Kiripost, Kompas.com, Luxury Society Asia, Manila Bulletin, Pattaya Trader, Prop2morrow, REm, SquareRooms, Tatler Asia Homes, The Philippine Star, and Think of Living; supporting partner REHDA Institute; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.COMPLETE LIST OF WINNERS19th PropertyGuru Asia Property Awards Grand FinalDEVELOPER AWARDS Best Developer (Asia)Zhuhai Huafa Properties Co., Ltd. – Mainland China (WINNER)BHC Property – AustraliaHome Lands Skyline (Pvt) Ltd – Sri LankaNew World Development Company Limited – China – Hong Kong and MacauRobinsons Land – PhilippinesSignature Global (India) Limited – IndiaSinar Mas Land – IndonesiaUOL Group Limited – SingaporeBest Luxury Developer (Asia)Federal Land, Inc. – Philippines (WINNER)Best Township Developer (Asia)Paramount Land – Indonesia (WINNER) Best Mixed Use Developer (Asia)Oud Real-Estate Development Company – Saudi Arabia (WINNER)Best Sustainable Developer (Asia)UOL Group Limited – Singapore (WINNER)King Square Development Co., Ltd. – ThailandBest Industrial Developer (Asia)Aboitiz InfraCapital Economic Estates – Philippines (WINNER)Best Lifestyle Developer (Asia)TID Pte. Ltd. – Singapore (WINNER)Best Hospitality Developer (Asia)UOL Group Limited – Singapore (WINNER) Best Community Developer (Asia)Phu Long Real Estates Corporation – Vietnam (WINNER) Best Boutique Developer (Asia)FRX Capital Private Limited – Singapore (WINNER)Lofter Group Limited – China – Hong Kong and Macau Best Breakthrough Developer (Asia)Federal Land NRE Global, Inc. – Philippines (WINNER) DEVELOPMENT AWARDSBest Mega Township Development (Asia)BSD City by Sinar Mas Land – Indonesia (WINNER) Best Township Development (Asia)Riverpark by Federal Land, Inc. – Philippines (WINNER)Koh Pich City by OCIC Group – CambodiaSummarecon Bogor by Summarecon Group – Indonesia Best Mixed Use Development (Asia)Burswood Point by Golden Sedayu – Australia (WINNER) Gaysorn Village by Gaysorn Property Co., Ltd. - ThailandKingsQuare by King Square Development Co., Ltd. – ThailandShenzhen Huafa Snow World by Zhuhai Huafa Properties Co., Ltd. – Mainland China Best Ultra Luxury Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)Jianfa Zichen by Jianfa Fangdichan Jituan – Mainland ChinaBest Luxury Condo Development (Asia)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore (WINNER)R&F Princess Cove Phase 2 - Seine Region by R&F Development Sdn Bhd. – MalaysiaThe Seasons Residences by Sunshine Fort North Bonifacio Realty Development Corporation – PhilippinesWaterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) Ltd – Sri Lanka Best High End Condo Development (Asia)Viento at Cerca by Alveo Land – Philippines (WINNER)Cerule at Solinea by Alveo Land – PhilippinesXi'an Huafa Lijun ‧Center Glorous by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)BLVD by OSK Property – AustraliaLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeThe Pavilia Forest by Joint Venture by New World Development Company Limited & Far East Consortium International Limited – China – Hong Kong and Macau Best Mid End Condo Development (Asia)Helix2 @ PJ South by Eupe Corporation Berhad – Malaysia (WINNER)Aspen Peak by Rumapadu by Harmas Land & Integrasi Transit Jakarta (ITJ) – IndonesiaBest Completed Condo Development (Asia)The Park 2 Pavilion Bukit Jalil by Malton Berhad – Malaysia (WINNER)Best Luxury Waterfront Condo Development (Asia)PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and Macau (WINNER)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporeBest Waterfront Condo Development (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER) Oceana Beach Resort Apartments & Villas - Wadduwa by Home Lands Skyline (Pvt) Ltd – Sri LankaThe Residences at Terrazas de Punta Fuego by Landco Pacific Corporation – Philippines Best Connectivity Condo Development (Asia)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and Macau (WINNER) Best TOD Condo Development (Asia)LRT City Cibubur by PT Adhi Commuter Properti Tbk. – Indonesia (WINNER) Best Investment Condo Development (Asia)Elements at Carousel by Jean Yip Developments – Australia (WINNER)Best Lifestyle Condo Development (Asia)The Residences at The Westin Manila by RLC Residences – Philippines (WINNER)Best Eco Friendly Condo Development (Asia)Alfa Bangsar by City Motors Group – Malaysia (WINNER)Best Ultra Luxury Housing / Landed Development (Asia)BuGaan Pattanakarn by Sansiri Public Company Limited – Thailand (WINNER) Best Luxury Housing / Landed Development (Asia)Narasiri Phahol-Watcharapol by Sansiri Public Company Limited – Thailand (WINNER) Best Housing / Landed Development (Asia)Grand Tsuru Niseko by Niseko Woodlands Limited – Japan (WINNER)Kisin by Yoichi Dreams – JapanMount Rosie Signature Collection by FRX Capital Private Limited – Singapore Best Mid End Housing / Landed Development (Asia)The City Rama5-Nakhon In by AP (Thailand) Public Company Limited – Thailand (WINNER)Leonora at Summarecon Serpong by Summarecon Group – Indonesia Best Affordable Housing / Landed Development (Asia)Avisa Residences, Tropicana Alam by Tropicana Corporation Berhad – Malaysia (WINNER)Britania Bekasi by PT. Mekar Agung Sejahtera – IndonesiaSpring Residence at Spring City, Sentul City by PT Sentul City Tbk – Indonesia Villa Natura by Eupe Corporation Berhad – Malaysia Best Completed Housing / Landed Development (Asia)Flora at Summarecon Bandung by Summarecon Group – Indonesia (WINNER) Best Waterfront Housing / Landed Development (Asia)By the Waters by Suryam Developers LLP – India (WINNER)Best Investment Housing Development (Asia)Iconia Garden Residence by Gunung Impian Development Sdn Bhd – Malaysia (WINNER)Best Branded Residential Development (Asia)Quayside JBCC by Bangsar Heights Pavilion – Malaysia (WINNER)The Residences at The Westin Manila by RLC Residences – Philippines Best Luxury Townhouse Development (Asia)Mercer by BHC Property – Australia (WINNER)Best Townhouse Development (Asia)Chatswood Garden by FY Property, Kooringa Group, MA Financial, CPDM – Australia (WINNER) Best Smart Home Development (Asia)Sanubari @ Bandar Dato Onn by JLand Group Sdn Bhd – Malaysia (WINNER)Best Integrated Work From Home Development (Asia)BLVD by OSK Property – Australia (WINNER) Best Wellness Residential Development (Asia)BLVD by OSK Property – Australia (WINNER)The Residences at The Westin Manila by RLC Residences – PhilippinesBest Heritage Development (Asia)Hotel Central Macau by Lek Hang Group – China – Hong Kong and Macau (WINNER)San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and MacauBest Mega Scale Industrial Development (Asia)Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation – Indonesia (WINNER)Best Industrial Development (Asia)Serenia Industrial Park by Sime Darby Property Berhad – Malaysia (WINNER)Light Industry & Science Park IV by Science Park of the Philippines. Inc. – PhilippinesBest Green Industrial Development (Asia)LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines (WINNER) Best Office Development (Asia)The MET Corporate Towers by Triterra Sdn Bhd – Malaysia (WINNER)83 King Lam Street by New World Development Company Limited – China – Hong Kong and MacauCybergate Iloilo Tower 3 by Robinsons Offices – PhilippinesFourE-com Center by SM Offices by SM Prime – PhilippinesJLC by Hongkong Land – Mainland ChinaOriental Square by OSI by Orient Success International Investment Joint Stock Company (OSI Holdings) – Vietnam Best Retail Development (Asia)MixC Changchun by Lead8 – Mainland China (WINNER)23 Paskal Shopping Center by PT Indonesian Paradise Property Tbk and Subsidiaries – Indonesia Best Smart Building Development (Asia)Biomedical Campus by Sinar Mas Land – Indonesia (WINNER) Best Green Development (Asia)Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V – Indonesia (WINNER)KingsQuare Residence by King Square Development Co., Ltd. – ThailandSignature Global Titanium SPR by Signature Global (India) Limited – India Best Nature Integrated Development (Asia)Lentor Mansion by GuocoLand and Hong Leong Holdings Limited – Singapore (WINNER)Kisin by Yoichi Dreams – JapanThe Morizen at Summarecon Mutiara Makassar by Summarecon Group & Sumitomo Forestry – Indonesia DESIGN AWARDSBest Mega Township Masterplan Design (Asia)Medini Innopolis by Iskandar Investment Berhad – Malaysia (WINNER)Riverpark by Federal Land, Inc. – Philippines Best Township Masterplan Design (Asia)Ecovillage Saigon River by Ecopark – Vietnam (WINNER)Paramount Petals by Paramount Land – IndonesiaBest Mixed Use Architectural Design (Asia)K11 Shanghai, Huaihai Middle Road by Lead8 – Mainland China (WINNER)Quayside JBCC by Bangsar Heights Pavilion – Malaysia Best Condo Architectural Design (Asia)Lentoria by TID Pte. Ltd. – Singapore (WINNER)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLucky No. 16 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaMeyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporePANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and MacauThe Hillshore by FRX Capital Private Limited – SingaporeThe Spinnaker by Landco Pacific Corporation – PhilippinesBest Housing / Landed Architectural Design (Asia)Ponderosa Callista by Berinda Group – Malaysia (WINNER)The Links Golf Villas by PT. New Kuta Golf And Ocean View – IndonesiaThe Palazzo Pinklao-Borom by AP (Thailand) Public Company Limited – ThailandVong Residence by V.I Land Investment Co., Ltd. – CambodiaBest Resort Housing Architectural Design (Asia)Kisin by Yoichi Dreams – Japan (WINNER)Best Office Architectural Design (Asia)APAC Tower by APAC Land – Thailand (WINNER) GBF Center 1 by Robinsons Offices – PhilippinesJuli Road No.1 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaTHE CENDAS by S E A Holdings Limited – China – Hong Kong and MacauBest Retail Architectural Design (Asia)Mitsukoshi BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (WINNER) Best Condo Interior Design (Asia)BLVD by OSK Property – Australia (WINNER) 2C Boundary Street by Lofter Group Limited – China – Hong Kong and MacauCasa Rivera by HWCD Design – Mainland ChinaCentury of Cultural Collection by HWCD Design – Mainland ChinaBest Housing / Landed Interior Design (Asia)Salty Jim Villa by DM Projects Group – Indonesia (WINNER)Regalità by Da Vinci Land – SingaporeBest Suburban Housing / Landed Interior Design (Asia)Palm Springs by LP Residences Co., Ltd – Cambodia (WINNER)Best Heritage Interior Design (Asia)San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau (WINNER) Best Mega Scale Office Interior Design (Asia)ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK by Jiang & Associates Creative Design – Mainland China (WINNER)Best Office Interior Design (Asia)GBF Center 1 by Robinsons Offices – Philippines (WINNER)Best Co Working Space (Asia)work.able Robinsons Summit Center by work.able – Philippines (WINNER)Best Retail Interior Design (Asia)SKP Chengdu by Sybarite – Mainland China (WINNER)Best Hospitality Interior Design (Asia)Pan Pacific Orchard by UOL Group Limited and Pan Pacific Hotels Group – Singapore (WINNER)Best Condo Landscape Design (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER) 1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeMeyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore PUBLISHER’S CHOICEPropertyGuru Icon AwardHenry T. Sy, Jr., Non-Executive Director/Chairman of the Board, SM Prime Holdings Chairman and Chief Executive Officer, SM Development Corporation (WINNER)2024 PropertyGuru Asia Property Awards (Mainland China)DEVELOPER AWARDBest Developer (Mainland China)WINNER: Zhuhai Huafa Properties Co., Ltd.DEVELOPMENT AWARDSBest Ultra Luxury Condo Development (Mainland China)WINNER: Jianfa Zichen by Jianfa Fangdichan JituanBest High End Condo Development (Mainland China)WINNER: Xi'an Huafa Lijun ‧Center Glorous by Zhuhai Huafa Properties Co., Ltd.Best Mixed Use Development (Mainland China)WINNER: Shenzhen Huafa Snow World by Zhuhai Huafa Properties Co., Ltd.Best Landmark Development (Mainland China) WINNER: West Bund Central by Hongkong LandHIGHLY COMMENDED: GDCEG Innovation Tower by Guangzhou Jianxin Rongfu Co., Ltd.Best Asset Enhancement Initiative (Mainland China)WINNER: Shanghai Hongkou Plaza by Shanghai Yuefeng Real Estate Development Co., Ltd. (CapitaLand)HIGHLY COMMENDED: Suzhou Center Plaza by Design Power House (DPH)Best Retail Development (Mainland China)WINNER: MixC Changchun by Lead8Best Office Development (Mainland China)WINNER: JLC by Hongkong LandHIGHLY COMMENDED: GDCEG Innovation Tower by Guangzhou Jianxin Rongfu Co., Ltd.DESIGN AWARDSBest Mixed Use Architectural Design (Mainland China)WINNER: K11 Shanghai, Huaihai Middle Road by Lead8HIGHLY COMMENDED: PRISMA Xinjia by Shanghai Xin Zhuo Real Estate Co., Ltd. & ECEHIGHLY COMMENDED: The Ring, Chengdu by BenoyBest Luxury Condo Architectural Design (Mainland China)WINNER: Lucky No. 16 by GAD Architectural Design (Shanghai) Co., Ltd.Best Office Architectural Design (Mainland China)WINNER: Juli Road No.1 by GAD Architectural Design (Shanghai) Co., Ltd.HIGHLY COMMENDED: Zhangjiang Science City Digital and Intelligent Hub · Yu Gateway by BenoyBest Mixed Use Interior Design (Mainland China)WINNER: PRISMA Xinjia by Shanghai Xin Zhuo Real Estate Co., Ltd. & ECEHIGHLY COMMENDED: Shanghai Jinding Tiandi by Design Power House (DPH)HIGHLY COMMENDED: Shenzhen Huafa Snow World by Design Power House (DPH)HIGHLY COMMENDED: Suzhou Center Plaza by Design Power House (DPH)HIGHLY COMMENDED: Wuhan Jinmao the Mall of Splendors by Design Power House (DPH)Best Ultra Luxury Condo Interior Design (Mainland China)WINNER: Century of Cultural Collection by HWCD DesignBest Waterfront Condo Interior Design (Mainland China)WINNER: Casa Rivera by HWCD DesignBest Bespoke Residential Interior Design (Mainland China) WINNER: The Hidden Capital City of Taoyuan by Miaojue DesignHIGHLY COMMENDED: Century Park Mansion by SlowStudio.cnHIGHLY COMMENDED: Minimalism Home in Beijing by Miaojue DesignBest Retail Interior Design (Mainland China)WINNER: SKP Chengdu by SybariteHIGHLY COMMENDED: Shanghai Jinding Tiandi by Design Power House (DPH)HIGHLY COMMENDED: Shenzhen Huafa Snow World by Design Power House (DPH)HIGHLY COMMENDED: Suzhou Center Plaza by Design Power House (DPH)HIGHLY COMMENDED: Wuhan Jinmao the Mall of Splendors by Design Power House (DPH)Best Office Interior Design (Mainland China)WINNER: ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK by Jiang & Associates Creative DesignBest Bespoke Commercial Interior Design (Mainland China)WINNER: Star Gourmet - Shanghai Hongkou Plaza by Design Power House (DPH)Best Bespoke Hotel Interior Design (Mainland China)WINNER: Breathing Aesthetic Resort Community in Beijing by Miaojue DesignBest Sales Gallery Interior Design (Mainland China) WINNER: New Hong Cheng Life Experience Hall by CAN Design2024 PropertyGuru Asia Property Awards (Hong Kong and Macau)DEVELOPER AWARDSBest Developer (Hong Kong and Macau)WINNER: New World Development Company LimitedBest Boutique Developer (Hong Kong and Macau)WINNER: Lofter Group LimitedTHE ESG DEVELOPER AWARDSustainable Design AwardWINNER: S E A Holdings LimitedDEVELOPMENT AWARDSBest Luxury Waterfront Condo Development (Hong Kong and Macau)WINNER: PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., LimitedBest Condo Development (Hong Kong and Macau)WINNER: The Pavilia Forest by Joint Venture by New World Development Company Limited & Far East Consortium International LimitedBest Connectivity Condo Development (Hong Kong and Macau)WINNER: 1 Ki Lung Street by Lofter Group LimitedBest Office Development (Hong Kong and Macau)WINNER: 83 King Lam Street by New World Development Company LimitedHIGHLY COMMENDED: THE CENDAS by S E A Holdings LimitedBest Heritage Hotel Restoration Development (Hong Kong and Macau) WINNER: Hotel Central Macau by Lek Hang GroupBest Heritage Lodge Restoration Development (Hong Kong and Macau) WINNER: San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient GroupDESIGN AWARDSBest Luxury Condo Architectural Design (Hong Kong and Macau)WINNER: PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong)Co., LimitedBest Condo Architectural Design (Hong Kong and Macau)WINNER: 1 Ki Lung Street by Lofter Group LimitedHIGHLY COMMENDED: 2C Boundary Street by Lofter Group LimitedBest Office Architectural Design (Hong Kong and Macau)WINNER: THE CENDAS by S E A Holdings LimitedBest Condo Interior Design (Hong Kong and Macau)WINNER: 2C Boundary Street by Lofter Group LimitedHIGHLY COMMENDED: 1 Ki Lung Street by Lofter Group LimitedBest Heritage Lodge Restoration Interior Design (Hong Kong and Macau) WINNER: San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient GroupBest Condo Landscape Design (Hong Kong and Macau)WINNER: 1 Ki Lung Street by Lofter Group LimitedHIGHLY COMMENDED: 2C Boundary Street by Lofter Group LimitedAbout PropertyGuru’s Asia Property AwardsPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.comSales & Nominations:Kai Lok Kwok, Solutions ManagerM: +66 97117 8595E: kai@propertyguru.comYiming Li, Solutions ManagerM: +66 082 292 1309E: nick@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Outstanding resort projects, portfolios take centre stage at 2024 PropertyGuru Asia Property Awards (Japan) ACN Newswire

Outstanding resort projects, portfolios take centre stage at 2024 PropertyGuru Asia Property Awards (Japan)

SHOWCASING TOP-CALIBRE VILLAS AND HOMES, JAPAN’S PREMIER RESORT DESTINATIONS RISE TO PROMINENCE AT THE AWARDSThe PropertyGuru Asia Property Awards International Luncheon 2024 recognises the best and biggest achievements in rapidly growing real estate markets across Asia.TOKYO, Dec 16, 2024 - (ACN Newswire via SeaPRwire.com) - The 2024 PropertyGuru Asia Property Awards (Japan) today unveiled the finest developers, design firms, and portfolio managers from the country’s premier resort markets during an exclusive luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.H2 Life, part of H2 Group KK, Best Property Management Portfolio, PropertyGuru Asia Property Awards (Japan) 2024H2 Life, part of H2 Group KK, was celebrated for the Best Property Management Portfolio, recognising its excellent range of completed projects throughout Japan.Kisin by Yoichi Dreams, Best Resort Housing Architectural Design (Asia Winner), PropertyGuru Asia Property Awards 2024Kisin by Yoichi Dreams dominated the awards, winning Best Resort Housing Development, Best Nature Integrated Development, and Best Resort Housing Architectural Design.Grand Tsuru Niseko by Niseko Woodlands Limited, Best Housing/Landed Development (Asia Winner), PropertyGuru Asia Property Awards 2024Grand Tsuru Niseko by Niseko Woodlands Limited was recognised as Best Boutique Resort Housing Development.Alba by Noforma Design Studio, Top Luxury Private Villa (Greater Niseko), PropertyGuru Asia Property Awards (Japan) 2024The Top Luxury Private Villa (Greater Niseko) award was jointly presented to Alba by Noforma Design Studio and Grand Tsuru Niseko by ABD Architecture LLC.Niseko Woodlands Limited went on to win Best Housing / Landed Development (Asia) for Grand Tsuru Niseko at the 19th PropertyGuru Asia Property Awards Grand Final, held on the same day at The Athenee Hotel, a Luxury Collection Hotel, Bangkok. Yoichi Dreams also scored a victory at the Grand Final with the Best Resort Housing Architectural Design (Asia) award for Kisin.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “In Japan’s resorts destinations, local and international investors are launching developments that expand residential and lifestyle options for tourists and holiday home seekers alike. Beyond the winter season, these resorts offer year-round amenities and scenic natural attractions. Our awardees this year skilfully create spaces that seamlessly blend the best features of homes, hotels, and resorts. Congratulations to all our award winners in Japan.”Eddie Guillemette, chairperson of the Awards, said: “Congratulations to all the winners of our awards in Niseko, Japan. Achieving these recognitions reflects the level of excellence in development, design, and service that captivates guests, sports enthusiasts, and investors in Niseko, Japan. We're delighted to honour the finest projects in our resort market and celebrate exceptional craftsmanship that guides consumers on where to live, work, and play in this vibrant tourism hub.”The independent panel of judges consists of Eddie Guillemette, CEO of Midori no Ki (MnK); Acme Wu, marketing professional for tourism and destination promotion; Bill Barnett, founder and managing director, C9 Hotelworks; Greg Hough, managing director, Niseko Portfolio and Explore Travel Group; and Minoru Okubo, representative director, ResortPropertyJapan Co., Ltd.The selection process was supervised by Paul Ashburn, HLB International Real Estate Group. The official supervisor is part of the “2024 Network of the Year” winner HLB International, the global network of independent professional accounting firms and business advisers.Organised by PropertyGuru Group, the 2024 PropertyGuru Asia Property Awards (Japan) are made possible by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.COMPLETE LIST OF WINNERS2024 PropertyGuru Asia Property Awards (Japan)PORTFOLIO AWARDBest Property Management PortfolioWINNER: H2 Life, part of H2 Group KKDEVELOPMENT AWARDSTop Luxury Private Villa (Greater Niseko)WINNER: Alba by Noforma Design StudioWINNER: Grand Tsuru Niseko by ABD Architecture LLCBest Resort Housing DevelopmentWINNER: Kisin by Yoichi DreamsBest Boutique Resort Housing DevelopmentWINNER: Grand Tsuru Niseko by Niseko Woodlands LimitedBest Nature Integrated DevelopmentWINNER: Kisin by Yoichi DreamsDESIGN AWARDBest Resort Housing Architectural DesignWINNER: Kisin by Yoichi DreamsAbout PropertyGuru’s Asia Property AwardsPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.comSales & Nominations:Thirayut Wittayakarnkowit (Tony), Solutions ManagerM: +66 93 987 9566E: tony@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
TAC Security Becomes ioXt Authorized Lab, Expands into IoT Security Assessments ACN Newswire

TAC Security Becomes ioXt Authorized Lab, Expands into IoT Security Assessments

Joins an exclusive group of only eight companies globally, allowing it to conduct IoT Security Assessments under the ioXt Certification ProgramPlans to incorporate these IoT Security Assessments into its ESOF Vulnerability Management Portfolio; Service to formally roll out from February 2025 onwardsThe Company becomes the only holistic cybersecurity solutions company to offer more than eight certifications in the vulnerability assessment segmentThe move will strengthen the company’s comprehensive platform for managing IT, OT, and IoT risks, fuelling its ambition to reach 10,000 global customers by March 2026.MUMBAI, INDIA, Dec 16, 2024 - (ACN Newswire via SeaPRwire.com) - TAC InfoSec Limited (NSE Emerge: INE0SOY01013) (referred to hereafter as TAC Security), a global cybersecurity company specialising in vulnerability management and India’s first publicly listed cybersecurity company, has achieved a significant milestone by becoming an ioXt Authorized Lab.TAC Security is now empowered to conduct IoT Security Assessments under the esteemed ioXt Certification Program, guaranteeing that connected devices meet the highest global security, transparency, and upgradability standards. With this distinction, TAC Security joins an exclusive league of only eight companies worldwide, further cementing its leadership in driving advanced evaluations for a safer digital future.Empowered with this certification, TAC Security will foray into the dynamic IoT (Internet of Things) securitymarket – offering IoT security assessments through its ESOF platforms. The company intends to roll out the services from February 2025 onwards. This will solidify TAC Security’s positioning as the world’s largest integrated vulnerability management company, with certifications and capabilities to serve the holistic digitalecosystem across key markets - globally.Commenting on the development, Saransh Rawat, Chief Technology Officer, TAC Security, said, “IoT devices are a cornerstone of our digital future, yet they remain highly vulnerable to cyber threats. Beingapproved as an ioXt Authorized Lab empowers us to ensure manufacturers and enterprises meet global security benchmarks. This milestone is a significant leap in our mission to become the world’s largest vulnerability management company.”TAC Security will incorporate IoT Security Assessments into its ESOF Vulnerability Management Portfolio, offering organisations a comprehensive platform to manage IT seamlessly (Information Technology), OT (Operation Technology), and IoT risks. As demandfor trusted and secure IoT solutions grows, TAC Security remains committed to achieving 10,000 global customers by March 2026.TAC Security is also among the few companies globally that have more than seven certifications – including ISO 17025, Google CASA Assessor, Google MASA Assessor, AppDecence Alliance Security Assessor, CERT-IN Emplaned (Govt of India), CREST Certified Penetration Testing Company and now, an IoXT Alliance Security Assessor – all under one entity.Trishneet Arora, Founder and CEO, TAC Security, said, “Becoming an ioXt Authorized Lab is a testament to TAC Security's unmatched expertise, cutting-edge infrastructure, and commitment to global security benchmarks. This distinction involved mastering advanced techniques like firmware analysis and chip-level security, leveraging tools like FPGAs for precision testing, and aligning with the ioXt Alliance's rigorous standards. Through collaboration with global cybersecurity leaders, TAC Security drives innovation to secure the connected ecosystem.”With an estimated 25.4 billion IoT devices expected by 2030, IoT security is critical for safeguarding smart cities, healthcare systems, industrial automation, and smart homes. The market, projected to grow to $59 billion by 2030, underscores the urgent need for stringent IoT security assessments.TAC Security recently achieved a significant milestone by adding 331 new clients in November across 42countries. This achievement marks steady progress towards the company’s goal of onboarding 3,000 clients by March 2025.About TAC Security (TAC InfoSec Limited) – Symbol - NSE: TACTAC Security, a global cybersecurity company specialising in vulnerability management, is a publicly listed cybersecurity company that made headlines with its IPO, drawing subscription bids worth more than $1 billion. TAC Security’s flagship product, ESOF (EnterpriseSecurity in One Framework), excels in cyber scoring, cyber risk quantification, and leveraging advanced AI for vulnerability assessment and penetration testing.TAC Security holds prestigious certifications like CREST, PCI ASV, and ISO 27001 and partners with tech giants such as Google,Microsoft, and Meta for ADA’s CASA (Cloud Application Security Assessment). Serving a diverse global clientele, TAC Security is committed to innovation and excellence in cyber security for Fortune 500 companies, start-ups, and Governments Globally.For more information, visit https://tacsecurity.com/For further media queries contact:Ganesh Somwanshiganesh@mettai.world Copyright 2024 ACN Newswire via SeaPRwire.com.
More
American Wave Machines Announces Partnership with China Tourism Group ACN Newswire

American Wave Machines Announces Partnership with China Tourism Group

SOLANA BEACH, CA, Dec 17, 2024 - (ACN Newswire via SeaPRwire.com) - American Wave Machines, the surf technology company behind PerfectSwell® Surf Venues worldwide, today announced an agreement to develop a PerfectSwell® Surf Resort with China Tourism Group. The project, located on the island of Hainan in Riyue Bay, also known as Sun and Moon Bay in the town of Wanning, will be called "Riyue Bay Surf Resort".Riyue Bay Surf Resort. Image courtesy of China Tourism Group.Known for having the best surf in China, Riyue Bay has attracted a wide range of businesses including a vibrant restaurant and bar scene open to international tourists. With conditions and climate that support year-round surfing, Riyue Bay has held international competitions for eleven consecutive years. Standing out as a beacon of success for the Chinese surf scene, Riyue Bay is also home to China's National Surfing Team.The PerfectSwell® anchored multi-use development will be the very first surf resort in China. In phase one, the resort will deliver a surf-themed hotel and a designer hotel totaling 132 rooms, a shopping district, bar and restaurants, surf retail shop, and skate park in addition to the PerfectSwell® Surf Pool. Phase two will add more rooms to the hotel and additional lodging options. The project will utilize the flexibility of PerfectSwell® Surf Technology by targeting the existing market of enthusiast surfers from abroad while also catering to beginners among the local population.Kuan Zhao, surf park director of the resort, describes what PerfectSwell® Surf Technology brings to Chinese athletes: "With the launch of PerfectSwell®, China solidifies its commitment to developing world-class athletes across all Olympic sports, surfing included. With PerfectSwell®, Riyue Bay Surf Resort delivers unparalleled training opportunities allowing us to cultivate homegrown talent. At the same time, the venue will deliver a world-class resort experience for all levels of surf tourists. We will expand the surfing community throughout the country while welcoming the diverse and broad spectrum of surf enthusiasts from around the world."Miquel Lazaro, lead engineer from American Wave Machines, describes what it means to add a PerfectSwell® Venue to China's emerging scene: "We're stoked to bring our brand of high-performance waves to China. Riyue Bay Surf Resort will provide locals and visitors with something truly world-class. We have seen the impact of PerfectSwell® Surf Parks in other regions and it's an exciting opportunity to impact China's incredible surf culture and talent potential."PerfectSwell® Surf Technology. Image courtesy of American Wave Machines, Inc.About American Wave MachinesAmerican Wave Machines, Inc. is the inventor and developer of PerfectSwell® Surf Technology. AWM's technology powers world class surf facilities and destinations backed by proven financials, extensive data capture, and stoked surfers. PerfectSwell® is the only sequence based, pneumatic surf technology on the market. Protected by over 50 patents worldwide, PerfectSwell® Split Peaks, Peeling Waves, Air Sections, and Wedge Barrels are all covered by AWM's robust patent portfolio.About China Tourism GroupChina Tourism Group Corporation Limited (CTG), also known as China Travel Service (Holdings) Hong Kong Limited, is a backbone state-owned enterprise directly managed by the central government and one of the central government-owned enterprises headquartered in Hong Kong. CTG has formed an industry structure comprising travel agencies, scenic areas, hotels, duty-free retail, tourism transportation, travel document services, cruises, real estate, and comprehensive operations in Hong Kong. The operation network spans China's mainland, Hong Kong, Macau, and over 30 countries and regions abroad.Contact:Jenna Timinskyinfo@americanwavemachines.comSOURCE: American Wave Machines, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The Quantum Threat Is Here: Where Are We Quranium Releases Enterprise Quantum Readiness Survey Results ACN Newswire

The Quantum Threat Is Here: Where Are We Quranium Releases Enterprise Quantum Readiness Survey Results

DUBAI, Dec 16, 2024 - (ACN Newswire via SeaPRwire.com) - The recent unveiling of Google’s ‘Willow’ quantum chip has ignited significant discussion throughout the ecosystem, sparking urgent questions about its implications for blockchain security. Leaders are in a unique position of responsibility to understand where we are in this rapidly evolving landscape and determine the necessary steps to address this formidable threat.As the unveiling of Willow triggered liquidations exceeding $1.7 billion, the industry is reeling from the real-world impact of heightened fears of future vulnerabilities. The question is no longer if quantum computing will disrupt blockchain security but when. In this moment of unknowing, where panic is growing, Quranium steps forward to shed light with the release of its previously unreleased Enterprise Quantum Readiness Survey.The survey, which was conducted among nearly 100 CTOs and IT executives from large global organisations across various sectors - reveals a critical gap: while 75% of organizations acknowledge the disruptive potential of quantum computing, 60% have yet to begin concrete preparations. This lack of readiness amplifies the urgency of action, especially as quantum technology rapidly transitions from theoretical to practical applications.A New Era of RiskThe Willow chip’s 105-qubit power demonstrates quantum computing’s potential to render current cryptographic systems obsolete. Kapil Dhiman, CEO of Quranium, stresses the immediacy of the challenge:“Quantum computing will redefine digital security. Algorithms that have protected data for decades are now at risk, and industries must act quickly to build resilient systems that withstand this quantum disruption.”This warning is echoed in reports from leading organizations like NIST (National Institute of Standards and Technology), which predict the deprecation of critical encryption algorithms by 2030, alongside warnings about “harvest now, decrypt later” threats—where encrypted data is collected today for decryption in the quantum future.Survey Highlights: The State of Quantum ReadinessQuranium’s survey reveals critical insights into the state of enterprise quantum preparedness:Recognizing the Threat but Lagging in Action: Over 75% of respondents predict significant disruption from quantum computing within the next decade. Yet, nearly two-thirds of organizations remain unprepared, creating vulnerabilities in industries reliant on secure data handling.Barriers to Readiness: Security concerns, high perceived costs, and a lack of technical expertise are the top challenges. While 45% of respondents indicate a willingness to invest in quantum solutions, most have not taken tangible steps to address these barriers.Collaboration and Training Gaps: Only 30% of organizations actively collaborate with academic institutions or quantum technology firms, and just 25% offer formal training on quantum technologies to employees, leaving industries ill-equipped to handle the transition.Slow Adoption of Quantum-Resistant Encryption: While some companies have started implementing quantum-resistant encryption, more than half remain in exploratory phases or have taken no action, exposing critical systems to future vulnerabilities.What’s Next Bridging the Readiness GapThe quantum era is no longer a distant future—it is unfolding now. Quranium’s Enterprise Quantum Readiness Survey highlights the urgent need for industries to shift from awareness to action. This isn’t just a call for individual organizations to prepare but for the industry to unite under a cohesive strategy for resilience.DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol) represents a new market sector coined by Kapil Dhiman, CEO of Quranium. It serves as an industry standard that the ecosystem can join to collectively secure the decentralized world. Designed to safeguard decentralized systems against quantum threats, DeQUIP sets the standard for securing the digital future.Kapil Dhiman adds:“The industry must move beyond exploration and into execution. Quantum resilience isn’t just about responding to a threat—it’s about seizing the opportunity to redefine trust, security, and innovation in the digital age.”A Collective Call to ActionThe findings of the Enterprise Quantum Readiness Survey are a wake-up call for industries worldwide. With quantum computing already reshaping the technological landscape, the time to act is now. Organizations must assess their readiness, collaborate on solutions, and adopt quantum-resistant technologies to ensure their systems can withstand the quantum revolution.Quranium invites enterprises, policymakers, and innovators to join the movement toward a secure digital future. By aligning with standards like DeQUIP, we can collectively build a foundation that safeguards against the risks and harnesses the potential of quantum computing.Learn About DeQUIP: https://quranium.org/dequipAbout QuraniumQuranium is the quantum-uncrackable Layer 1 blockchain foundation for the future. Our decentralized ledger technology (DLT) infrastructure acts as a seamless, scalable bridge between Web2 and Web3, enabling digital adoption without compromising security. At the forefront of the ground-breaking new market sector known as DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol), Quranium is setting the benchmark for progress, redefining security in an ever-evolving digital landscape. We safeguard today’s data while fortifying against the threats of tomorrow.Visit: https://quranium.org/Follow Quranium on Social Media:X: @quranium_orgTelegram: Join the CommunityDiscord: Join the Quranium Discord Server!Together, let’s shape a future where security, resilience, and decentralization are not just promises—they’re the foundation. Join Quranium, be uncrackable.For Further Details and Partnership Inquiries, Please Contact:Claire CairnsMimi Ashmead-BartlettEmail: claire@quranium.org / mimi@quranium.org Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Asian Financial Forum returns as region’s first major international financial assembly in 2025 ACN Newswire

Asian Financial Forum returns as region’s first major international financial assembly in 2025

- Themed “Powering the Next Growth Engine”, the 18th Asian Financial Forum 2025 (AFF), will be the region’s first major international financial and business event of the year.- Heavyweight speakers include Prof Justin Lin Yifu, Chief Economist and Senior Vice President of the World Bank (2008-2012); Prof Stuart Russell, Co-Chair of the World Economic Forum's Council on AI; Dr Kai-Fu Lee, Chairman of Sinovation Ventures; and Joe Tsai, Chairman of the Alibaba Group.- The event brings together scholars, financial officials and business leaders from Mainland China, ASEAN, the Middle East, Europe and the United States to share invaluable insights.HONG KONG, Dec 17, 2024 - (ACN Newswire via SeaPRwire.com) – The 18th Asian Financial Forum 2025 (AFF), co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 13 and 14 January (Monday and Tuesday). Themed “Powering the Next Growth Engine”, AFF will be the first major financial and business event in the region in the new year, bringing together more than 100 global policymakers, business leaders, financial experts and investors, entrepreneurs, tech giants and economists to share their views on issues related to political leadership, geopolitical tensions, monetary policy shifts, macroeconomic challenges and more. These industry heavyweights will discuss the latest developments in financial markets and investment opportunities and explore how Hong Kong can leverage its strengths as an international financial centre to seek breakthroughs in a period of change.Harnessing Hong Kong's unique advantages to demonstrate financial excellenceLaunched in 2007, the AFF has become a flagship financial event for Hong Kong and the broader region, showcasing the city’s status as an international financial centre and its role as a connector in spearheading regional financial activities. Against the backdrop of a constantly shifting global economic landscape, Hong Kong has been leveraging its unique geographical position, professional services and global perspective to continue fostering collaboration and ensuring mutual success between Asia and the world.Luanne Lim, Chairperson of the AFF Steering Committee and Chief Executive Officer, Hong Kong, of HSBC, said: “The geopolitical and economic landscape of 2025 is set to be fraught with challenges, underscoring the importance of international collaboration. The Forum adopts the theme ‘Powering the Next Growth Engine’, bringing together influential speakers and thought leaders to share insights, dissect the evolving global landscape and spotlight emerging investment opportunities. Key areas of focus include the growth potential of emerging markets such as Mainland China, ASEAN and the Middle East, as well as advancements in sectors like artificial intelligence, fintech, sustainability, philanthropy and family offices. The Forum continues to provide a premier platform for renowned global investors and fundraisers to collaborate and ignite new engines for growth with its strong international influence and diverse perspectives.”Impactful sessions spotlight global issuesThe Forum will feature a distinguished line-up of speakers, with a two-day programme featuring various panels and workshops, including plenary sessions, policy dialogues, keynote luncheons, breakfast panels and fireside chats, as well as thematic workshops focusing on development and innovation across different industries. It will continue to stage well-received sessions such as Global Economic Outlook, China Opportunities and CIO Insights. Global Economic Outlook will analyse international economic trends and provide insights into business opportunities and wealth accumulation in emerging industries and regions in 2025. China Opportunities will focus on examining the investment outlook in Mainland China under the acceleration of technological innovation and its impact on global businesses. CIO Insights will explore new opportunities for cross-regional cooperation from macroeconomic and asset allocation perspectives, offering participants insights and strategies that can help realise long-term growth. Financial pioneers share insights on future economyOne of the keynote speakers at AFF will be Prof Justin Lin Yifu, a globally renowned economist and Chief Economist and Senior Vice President of the World Bank (2008-2012). Prof Lin will deliver an in-depth analysis of the shifting global economic landscape and the impact on Mainland China and international markets, exploring strategies for achieving stable growth and driving rapid economic development amid a complex international environment.The Forum will also bring together scholars, financial officials and business leaders from the mainland, ASEAN, the Middle East, Europe and the United States to shed light on a range of key topics, including macroeconomics, China opportunities, investment prospects, artificial intelligence (AI) and fintech as well as sustainability.As the world's second largest economy, the mainland’s economic and industrial development plays a significant role in driving global economic growth. Heavyweight speakers include Dr Fred Hu, Founder and Chairman of Primavera Capital Group; Jin Liqun, President and Chair of Asian Infrastructure Investment Bank; Li Yimei, Chief Executive Officer of China Asset Management, and Joe Tsai, Chairman of Alibaba Group, will take the stage at AFF to share their views.Emerging markets such as the Association of Southeast Asian Nations (ASEAN) and the Middle East will also be spotlighted. Speakers from ASEAN will include Satvinder Singh, Deputy Secretary-General for ASEAN Economic Community of ASEAN while a new session will highlight the opportunities in financial cooperation and investment between the Middle East and Hong Kong, featuring speakers from the two places.A stellar line-up of speakers and company representatives from Europe and the US will offer new impetus at various panel discussions. Featured speakers include Edward Dolman, Executive Chairman and Chief Executive Officer of Phillips Auctioneers; J Christopher Donahue, President & Chief Executive Officer of Federated Hermes, Inc; Antoine Gosset-Grainville, Chairman of the Board of Directors of AXA; Dr Hou Yang, Chairman and Chief Executive Officer, Greater China Region and Global Senior Vice President of Microsoft; Philip Lane, Chief Economist and Member of the Executive Board of the European Central Bank; Vincent Mortier, Group Chief Investment Officer of Amundi; and Dr Olli Rehn, Governor and Chairman of the Board of the Bank of Finland.AI and fintech are having a profound impact as they become more broadly adopted in the financial services sector. Prof Stuart Russell, Co-chair of the World Economic Forum Council on AI; Dr Kai-Fu Lee, Chairman of Sinovation Ventures and Ken Wong, Executive Vice President of Lenovo and President of Lenovo Solutions & Services Group, will address the latest industry developments and prospects at the AFF. Prof Russell, Distinguished Professor of Computer Science at the University of California, Berkeley and Co-chair of the World Economic Forum’s Council on AI and the OECD’s Expert Group on AI Futures, will explore the prospects of AI becoming a new engine for global economic growth.Sustainable development is another key topic at the AFF. In different sessions of the Forum, Sue Lloyd, Vice Chair of the International Sustainability Standards Board (ISSB); Martin Neubert, Partner and Group Chief Investment Officer of Copenhagen Infrastructure Partners, and Jiadi Yu, Chief Investment Officer of International Finance Corporation (IFC), will share views on how the adoption of the ISSB will contribute to market confidence in Hong Kong’s capital markets.Diverse exhibition zones create opportunities, innovative technologies drive growthThe Fintech Showcase, InnoVenture Salon, FintechHK Start-up Salon and Global Investment Zone will be assembled at the AFF to help fintech companies, start-ups and international investment agencies from around the world to connect businesses, showcase the latest technological innovations and promote collaboration.In addition to offering pitching and startup advisory sessions, the InnoVenture Salon features an exhibition of innovative technologies across various fields such as regtech, deep tech, green tech, health tech and food tech and agri-tech. This capacity-building support will connect entrepreneurs with potential clients, users and investors from different regions and industries, helping businesses refine their strategies, expand operations and thrive in the global market. Additionally, AFF Deal-making, a unique deal-sourcing and matching session, will build on the success of previous years to connect sources of funds and deals from around the world through one-on-one meetings.AFF – Hong Kong's major annual financial eventInternational large-scale events play a strategically important role for Hong Kong. As the first major financial event of the year, the AFF is designed to provide industry professionals with the latest insights and help them explore new opportunities. Early bird registration is now open for participants. The AFF is collaborating with various organisations to provide special travel, dining and shopping discounts and privileges for overseas participants, encouraging them to make the most of their stay and experience the vitality of Hong Kong. More details regarding the content, speaker lineup and media registration arrangements for the AFF will be announced at a press conference on 7 January 2025.Websites- Asian Financial Forum: https://www.asianfinancialforum.com/conference/aff/en/about-aff- Programme: https://www.asianfinancialforum.com/conference/aff/en/info-programme- Speaker list: https://www.asianfinancialforum.com/conference/aff/en/speakersMembers of the media interested in interviewing speakers at the Asian Financial Forum should email ayiu@yuantung.com.hk or lsong@yuantung.com.hk by 8 January 2025.Photo download: https://bit.ly/3Bz8p9tThe Asian Financial Forum 2025, organised by the HKSAR Government and the HKTDC, will be held on 13 and 14 January (Monday and Tuesday) at the Hong Kong Convention and Exhibition Centre under the theme “Powering the Next Growth Engine”. The picture shows scenes from the previous Forum held in January 2024.The 18th AFF features a keynote speech by Prof Justin Lin Yifu, Chief Economist and Senior Vice President of the World Bank (2008-2012) – a globally renowned development economist who has had a profound influence on both Chinese and international economic development.Prof Stuart Russell, Distinguished Professor of Computer Science at the University of California, Berkeley and Co-chair of the World Economic Forum Council on AI and the OECD’s Expert Group on AI Futures, will share his expertise on artificial intelligence at the Forum.Media enquiriesYuan Tung Financial Relations:Agnes Yiu Tel: (852) 3428 5690 Email: ayiu@yuantung.com.hkLouise Song Tel: (852) 3428 5691 Email: lsong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Katy Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgClayton Lauw Tel: (852) 2584 4472 Email: clayton.y.lauw@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
West Air to Launch New International Route: Lhasa – Chongqing – Singapore on December 25, 2024 ACN Newswire

West Air to Launch New International Route: Lhasa – Chongqing – Singapore on December 25, 2024

SINGAPORE, Dec 17, 2024 - (ACN Newswire via SeaPRwire.com) - From December 25, 2024, West Air will launch a new Lhasa ⇌ Chongqing ⇌ Singapore international route. The opening of this route will promote cultural exchanges between western China and Singapore. It is also the first international route to be added since the official renaming of Lhasa Gongga International Airport.The route will be operated by an Airbus A319 with three round-trip flights per week. The outbound flight number is PN6425, operating on Monday, Wednesday, and Friday, departing from Lhasa at 17:40, arriving in Chongqing at 20:30, departing from Chongqing at 22:50 (23:00 on Mondays), and arriving in Singapore at 03:55 the next day. The return flight number is PN6426, operating on Tuesday, Thursday, and Saturday, departing from Singapore at 04:55, arriving in Chongqing at 09:40, departing from Chongqing at 12:20, and arriving in Lhasa at 15:20. Lhasa, the “City of Sunshine,” is the "spiritual home" of many travelers. Its rich religious culture and historical sites give it an atmosphere of tranquility and mystery. The magnificent Potala Palace, the lofty Tanggula Mountains, and the crystal-blue Namtso Lake attract tourists from all over the world. The new route builds a "two-way bridge" between the snowy plateau and the tropical island.Chongqing, as the operational center for the China-Singapore (Chongqing) Strategic Connectivity Demonstration Project, has strong strategic alignment with Singapore. The new route will serve as a bridge linking western China and the ASEAN region, creating an “air corridor” for the development of a new land-sea corridor in the west. This route will also play a significant role in promoting economic, trade, cultural, and tourism exchanges between Lhasa, Chongqing, and Singapore.Following the implementation of the China-Singapore Mutual Visa Exemption Agreement on February 9, 2024, Ordinary Passport Holders can now embark on a "just-go" journey. As a friendly neighbor of China, Singapore has no time difference, a welcoming Chinese-speaking environment, year-round summer temperatures, and excellent infrastructure. Singapore remains a top destination, offering everything from Michelin-starred restaurants and Nanyang street food to garden city landscapes and multicultural experiences.To celebrate the launch, West Air will introduce specialfares:Lhasa ⇌ Singapore round-trip tickets as low as RMB 1,888 (tax included)Chongqing ⇌ Singapore round-trip tickets as low as RMB 1,499 (tax included)Promotions will also be available on West Air’s official website (www.westair.cn) and TikTok live streams. One-way fares to Singapore start at RMB 350 (excluding tax), and fares from Singapore start at SGD 70 (excluding tax). (Offers are subject to availability. Prices may change; please refer to official updates.)West Air is also offering a range of travel-friendly policies:10% discounts for tickets purchased 7 days in advance for small group travelers.Additional 20KG baggage allowance for international students and immediate family members (available via call center 95373 or at the counter)."Baggage Beneficial Offer" product, providing a 30KG free baggage limit.Preferential fares for connecting flights through intermodal transport with Hainan Airlines and other domestic partners.About West AirAs a subsidiary of HNA Airlines, West Air continues to strengthen its operations under Liaoning Fangda Group, which celebrates its third anniversary on December 8, 2024. In alignment with the Chongqing Municipal Government's goals, West Air has consistently expanded its international routes originating from Chongqing. Since 2016, the airline has launched direct routes from Chongqing to Singapore, Phuket, Osaka, Mandalay, Jeju, Bangkok, and Hanoi, forming a robust international network across Asia. These routes have strengthened Chongqing's connectivity with key Asian destinations, contributing to local economic development and supporting the city's growth as a leading aviation hub.Looking ahead, West Air will expand its investments in “Belt and Road” countries and open additional routes to meet growing passenger demand while supporting national strategies and regional development.Media contact:Wani Diwarkarwani@prbespoke.com +65 9832 0643 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Everest Medicines Announces Acceptance of the New Drug Application for VELSIPITY ACN Newswire

Everest Medicines Announces Acceptance of the New Drug Application for VELSIPITY

SHANGHAI, Dec 17, 2024 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK, “Everest”, or the "Company"), a biopharmaceutical company focused on the discovery, clinical development, manufacturing and commercialization of innovative therapeutics, today announced that the National Medical Products Administration (NMPA) of China has officially accepted the New Drug Application (NDA) for VELSIPITY(R) (etrasimod) for the treatment of patients with moderately to severely active ulcerative colitis (UC). VELSIPITY(R) is an effective and convenient, once-daily, oral treatment for patients with moderately to severely active UC.VELSIPITY(R) was officially approved by the Pharmaceutical Administration Bureau of Macau in April 2024, and was introduced in the Greater Bay Area in October through the "Hong Kong and Macau Medicine and Equipment Connect" policy. VELSIPITY(R) is now the third commercialized product of Everest Medicines.“We are pleased to see that the NDA for VELSIPITY(R) has been officially accepted in mainland China., "said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines. “If approved, China would represent the third approval of VELSIPITY(R) in Everest’s licensed territories for the drug after Macau and Singapore. By 2030, the number of patients with UC in China is expected to more than double compared to 2019, reaching approximately 1 million, with a significant unmet need for innovative therapies. We are committed to expanding access to VELSIPITY(R), with the goal of benefiting more patients living with moderately to severely active ulcerative colitis. "" As the only drug that has been proven to be effective in UC patients with moderately to severely active isolated proctitis in global Phase III clinical trials, the official acceptance of the NDA for VELSIPITY(R) in mainland China brings hope to many patients,” said Prof. Wu Kaichun with the First Affiliated Hospital of AFMU who is the principal investigator for etrasimod’s Asia clinical trial.” As a next-generation S1P receptor modulator, VELSIPITY(R) can provide patients with a chance for corticosteroid-free remission, mucosal healing, and rapid symptom relief. In addition, the data from the largest-scale Phase III clinical trial of moderately to severely active UC patients in Asia once again confirmed the favorable efficacy and safety profile of VELSIPITY(R). We look forward to the early approval of this drug to benefit more patients."As a key product for Everest Medicines, VELSIPITY(R) was approved in Macau, China and Singapore in the first half of this year. Its first prescription has been issued on December 11th at Kiang Wu Hospital in Macau, which marks the official beginning of this new therapy benefiting patients across Asia. In addition, Everest Medicines has also submitted and had its NDA officially accepted for VELSIPITY(R) in Hong Kong. With the support of the "Hong Kong and Macau Medicine and Equipment Connect" policy, VELSIPITY(R) has also been officially approved to enter the Greater Bay Area and can be used in four designated medical institutions which are the First Affiliated Hospital of Sun Yat-sen University, Foshan Fosun Chancheng Hospital, Shenzhen Hospital of Southern Medical University and Guangzhou United Family Hospital.VELSIPITY(R) has been recently included in the Catalog of Pharmaceutical and Medical Devices Imported from Hong Kong and Macau for the Nine Municipalities in Guangdong Province within the Guangdong-Hong Kong-Macau Greater Bay Area (“the Catalog”), published by the Guangdong Provincial Medical Products Administration and Health Commission of Guangdong Province. With the inclusion of VELSIPITY(R) in the Catalog, we expect to accelerate its availability in all 45 designated medical institutions under the Connect Policy.About VELSIPITY(R) (etrasimod)VELSIPITY(R) is a once-daily, oral, sphingosine 1-phosphate (S1P) receptor modulator that selectively binds with S1P receptor subtypes 1, 4, and 5. Regulatory approvals have been granted in US, EU, Canada, Australia, Singapore, UK, Switzerland, Israel and Macau, China for VELSIPITY(R) in ulcerative colitis.About Everest MedicinesEverest Medicines is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company’s core therapeutic areas of renal diseases, infectious diseases and autoimmune disorders. For more information, please visit its website at www.everestmedicines.com.Forward-Looking Statements:This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Citi: Earn Rewards & Miles with Citi Credit Cards ACN Newswire

Citi: Earn Rewards & Miles with Citi Credit Cards

SINGAPORE, Dec 16, 2024 - (ACN Newswire via SeaPRwire.com) - The right credit card makes every swipe more convenient and rewarding. Cardholders earn rewards or miles when they shop with Citi credit cards and enjoy an exciting new world of deals, discounts, and perks. Here's what to expect with a rewards credit card .Citi Rewards CardLooking to make the best of every purchase? The Citi Rewards Card offers a host of benefits that help cardholders get more from every swipe.Sign-up bonus: Cardmembers get a welcome gift of 40,000 bonus Citi ThankYou Points when they spend S$800 within the first two months of opening a credit card account.10X points on online purchases: Cardmembers earn 10X points on online payments for groceries, food delivery, ride-hailing services and more.10X points on in-store purchases: Rack up points on in-store credit card payments at department stores, clothing stores and other eligible locations.1 Point on all other purchases: Earn at least one Citi ThankYou Point per S$1 for all purchases.Flexible redemption: The Citi ThankYou Rewards program offers different ways to redeem points. Cardholders can pay for purchases with points, claim cash rebates or choose the reward they want from a wide range of options in the redemption catalogue.Citi PremierMiles CardThe Citi PremierMiles Card is for frequent travellers who want to make every journey count. A miles credit card offers never-expiring miles on a range of purchases from travel expenses to rent and insurance premiums.Bonus Points/Miles Earned on select purchases: Cardmembers earn1.2 Citi Miles on every S$1 spent locally2.2 Citi Miles for every S$1 spent in foreign currencyUp to 10 Citi Miles for every S$1 spent on select online travel bookingsA bonus of 10,000 Citi Miles on annual card renewals0.55 Miles earned per S$1 spent bill payments with Citi PayAll: This includes education expenses, electricity bills, rent, insurance premiums, select taxes (income tax, property tax, other tax types, and composition fees to IRAS), and miscellaneous expenses such as renovations, utilities, parking and transport, maintenance fees, donations, and wedding expenses.Travel insurance: Cardmembers enjoy travel insurance coverage of up to S$1 million on travel tickets purchased with their Citi PremierMiles CardLounge access: Cardholders get two annual complimentary visits to airport lounges worldwide.Flexible redemption: The Citi Miles program offers different ways to redeem miles. Cardholders can offset purchases with miles, get cash rebates or choose the reward they want from a wide range of options in the redemption catalogue.Benefits beyond rewardsThe perks of holding a points- or miles-earning credit card don't end at reward redemption. Cardmembers also enjoy:Citi World Privileges access: Cardmembers enjoy deals and discounts at participating merchants in Singapore and beyond.Citi PayLite: Cardholders can break large credit card expenses into more manageable monthly payments.Citi FlexiBill: Easily convert a monthly credit card balance into smaller instalments.Citi QuickCash: Need cash urgently? Citi QuickCash lets cardmembers access cash loans at interest rates as low as 3.45% p.a. (EIR 6.5% p.a.).It's important for credit card applicants to compare annual fees and interest rates as well as read their credit card agreement carefully before getting a credit card.Citibank SingaporeCitibank Singapore offers consumers and institutions a range of financial products and services, including consumer and investment banking, credit cards, and personal loans. Citibank Singapore aims to deliver holistic and innovative solutions to clients and meet the increasingly complex strategies of its regional client base in the APAC in an ever-changing financial landscape.The content reflects the view of the author of the article and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on Citibank Singapore website for accuracy or completeness of the information presented in the article.CONTACT:Sonakshi MurzeManagersonakshi.murze@iquanti.comSOURCE: CITI Singapore Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance ACN Newswire

Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance

WATERLOO, ON and EDEN PRAIRIE, MN, Dec 16, 2024 - (ACN Newswire via SeaPRwire.com) - Arctic Wolf® and BlackBerry Limited (NYSE:BB)(TSX:BB), two global leaders in security software and services, today announced they have entered into a definitive agreement for Arctic Wolf to acquire BlackBerry's Cylance® endpoint security assets. Cylance is the pioneer of AI-based endpoint protection trusted by thousands of organizations around the world. With this acquisition, Arctic Wolf ushers in a new era of simplicity, flexibility, and outcomes to the endpoint security market, delivering the security operations results customers have been asking for.Under the terms of the agreement, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million of cash, subject to certain adjustments, and approximately 5.5 million common shares of Arctic Wolf. After allowing for the purchase price adjustments, BlackBerry will receive approximately $80 million of cash at closing and approximately $40 million of cash one year following the closing.The proposed transaction is subject to customary closing conditions and is expected to close in BlackBerry's fourth fiscal quarter.Arctic Wolf is a leader in AI-powered security operations, delivering its solutions from a single open platform to meet customers' needs for effective, comprehensive, and reliable security outcomes. With the addition of Cylance's trailblazing suite of endpoint security capabilities and enhanced AI functionality, Arctic Wolf will bolster its position as a market-leading platform provider, offering coverage from the endpoint to the edge.As many organizations are looking to consolidate an increasing number of disparate security tools, there is a rapidly growing demand for end-to-end platforms."Security has an operations and effectiveness problem and endpoint solutions alone have failed to live up to the outcomes they have promised for years," said Nick Schneider, president and chief executive officer, Arctic Wolf. "By incorporating Cylance's endpoint security capabilities into our open-XDR Aurora platform, we will be addressing a rampant need for a truly unified, effective security operations that delivers better outcomes for customers. We believe we will be able to rapidly eliminate alert fatigue, reduce total risk exposure, and help customers unlock further value with our warranty and insurability programs.""I am incredibly excited to partner with Arctic Wolf through this agreement," said John Giamatteo, chief executive officer of BlackBerry. "We see this transaction as a win-win for our shareholders and all other stakeholders. Our customers will realize the benefits of continuity of service and the expertise that a global cybersecurity leader like Arctic Wolf provides. Arctic Wolf benefits by adding Cylance's endpoint security solutions to its native platform. Finally, as Arctic Wolf leverages its scale to build upon and grow the Cylance business, BlackBerry will benefit as a reseller of the portfolio to our large government customers and as a shareholder of the company."There will be no impact to BlackBerry's Secure Communications portfolio of businesses, which include BlackBerry® UEM, BlackBerry® AtHoc® and BlackBerry® SecuSUITE®. The Secure Communications business will remain an integral part of the BlackBerry portfolio.Redefining the Modern Security Platform for Customers and PartnersWith the addition of a native endpoint security solution to its portfolio, Arctic Wolf is building one of the largest open XDR security platforms in the industry, enabling customers and partners to have the option to leverage more than 15 supported endpoint solutions. Arctic Wolf is currently the only security operations leader offering this type of optionality, which combined with its comprehensive approach to minimizing risk through security operations, makes it uniquely positioned to drive value for customers of all sizes and security maturity.Cylance has a long history of recognition as a market leader, known for stopping 98% of attacks before they begin and trusted by many of the world's leading organizations for its AI-driven prevention and detection. Recently, Cylance was named 2024 Customers' Choice for endpoint protection platforms (EPP) by Gartner® Peer Insights™ for the second consecutive year. By integrating Cylance into its portfolio, Arctic Wolf will provide a world-class endpoint protection solution that rivals the best in the industry, complementing its endpoint offering with one of the largest commercial SOCs in the world that delivers unified security operations and comprehensive attack surface coverage."Organizations are looking to unify tools and operations via a single platform that can effectively analyze and respond to security threats, drive consistent security outcomes, and demonstrably minimize risk," said Dan Schiappa, chief product and services officer, Arctic Wolf. "In the past, this has been a near-impossible, costly goal for resource-constrained leaders. By adding endpoint security to our platform, we will be delivering the security outcomes organizations want in one, frictionless operational platform to go toe-to-toe with today's advanced threats, while maintaining our commitment to customers and partners leveraging other endpoint solutions."Perella Weinberg Partners LP served as exclusive financial adviser to BlackBerry and Morrison Foerster LLP served as legal adviser to BlackBerry. Cooley LLP served as legal adviser to Arctic Wolf.Join BlackBerry's CEO and CFO today, Monday, December 16, at 5:30 p.m.ETfor more information on today's announcement. The call, which will be live streamed to the general public, can be accessed using the following link (here), through the Company's investor webpage (BlackBerry.com/Investors), or by dialing toll free +1 (844) 763-8275 and entering Elite Entry Number 51772. A replay will be available at approximately 8:30 p.m. ET today, using the same webcast link (here) or by dialing toll free +1 (877) 481-4010 and entering Replay Access Code 51772.Read more about Arctic Wolf's intent to acquire Cylance in a blog post from Arctic Wolf's Chief Product and Services Officer, Dan Schiappa.Additional Resources:Join the conversation with Arctic Wolf on Facebook, Twitter, LinkedIn, and YouTubeVisit arcticwolf.com to learn more about our security operations solutionsIf you're ready to get started, request a demo, get a quote, or conduct a Security Operations Maturity AssessmentWant to join Arctic Wolf's Partner Program? Apply todayAbout BlackBerryBlackBerry (NYSE:BB)(TSX:BB) provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 255M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust. For more information, visit BlackBerry.com and follow @BlackBerry.Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.About Arctic Wolf:Arctic Wolf® is a global leader in security operations, enabling customers to manage their cyber risk in the face of modern cyber-attacks via a premier cloud-native security operations platform. The Arctic Wolf Aurora Platform ingests and analyzes more than 7 trillion security events a week to help enable cyber defense at an unprecedented capacity and scale, empowering customers of virtually any size across a wide range of industries to feel confident in their security posture, readiness, and long-term resilience. By delivering automated threat protection, response, and remediation capabilities, Arctic Wolf delivers world-class security operations with the push of a button so customers can defend their greatest assets at the speed of data. For more information about Arctic Wolf, visit arcticwolf.com or follow us at @AWNetworks, on LinkedIn or Facebook.© 2024 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.BlackBerry Investor Contact:BlackBerry Investor Relations+1 (519) 888-7465investorrelations@blackberry.comBlackBerry Media Contacts:BlackBerry Media Relations+1 (519) 597-7273mediarelations@BlackBerry.comArctic Wolf Press Contact:Ilina Cashiolailina.cashiola@arcticwolf.com202-340-0517This news release contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding the proposed transaction between BlackBerry and Arctic Wolf, the amounts and types of consideration BlackBerry will receive in connection therewith, the anticipated timing and results of the proposed transaction, the potential benefits of the proposed transaction for BlackBerry's customers and shareholders, the expectations and beliefs of BlackBerry, and other statements that are not historical facts.The words "expect", "anticipate", "estimate", "may", "will", "should", "could", "intend", "believe", "target", "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are based on BlackBerry's current plans, objectives, estimates, assumptions, expectations and intentions and inherently involve significant risks and uncertainties, many of which are beyond BlackBerry's control. Many factors could cause actual achievements with respect to the transaction and the timing of events to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, risks and uncertainty associated with Arctic Wolf's and BlackBerry's ability to complete the proposed transaction on the proposed terms or on the anticipated timeline, or at all; risks and uncertainties related to the satisfaction of conditions to consummate the proposed transaction; the occurrence of any event, change or other circumstance that could give rise to the termination of the purchase agreement relating to the proposed transaction; effects relating to the announcement of the proposed transaction or any further announcements or the consummation of the proposed transaction on the market price of BlackBerry's common shares; failure to realize the expected benefits of the proposed transaction, including risks associated with the payment of consideration post-closing and the availability of funds therefor and risks related to the value of Arctic Wolf's common shares; risks related to future opportunities and plans for BlackBerry's business, including its Secure Communications portfolio, and results of BlackBerry following completion of the proposed transaction; the risk of litigation in connection with the proposed transaction, including resulting expense or delay; significant transaction costs and/or unknown or inestimable liabilities; risks related to diverting the attention of BlackBerry management from ongoing business operations; risks related to the proposed transaction disrupting BlackBerry's operations and making it more difficult to conduct business as usual or for BlackBerry to maintain relationships with customers, resellers, channel partners or other third parties; adverse economic, geopolitical and environmental conditions; and other risks and uncertainties affecting BlackBerry, including those described from time to time under the caption "Risk Factors" and elsewhere in BlackBerry's SEC filings and reports, including those discussed in BlackBerry's Annual Report on Form 10-K and the "Cautionary Note Regarding Forward-Looking Statements" section of BlackBerry's MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully and readers should not place undue reliance on BlackBerry's forward-looking statements. Moreover, other risks and uncertainties of which BlackBerry is not currently aware may also affect its forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated.The forward-looking statements made in this news release are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein with respect to future events as at such dates. BlackBerry has no intention and undertakes no obligation, and expressly disclaims any obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.SOURCE: BlackBerry Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Australian developers win at the 19th PropertyGuru Asia Property Awards Grand Final ACN Newswire

Australian developers win at the 19th PropertyGuru Asia Property Awards Grand Final

OVER 130 LEADING DEVELOPERS AND DESIGN PRACTICES FROM ACROSS ASIA GATHER IN BANGKOK FOR FINALE OF 2024 AWARDS SERIES, SEVEN OF WHICH ARE FROM AUSTRALIASYDNEY, AU, Dec 17, 2024 - (ACN Newswire via SeaPRwire.com) - The 19th Annual PropertyGuru Asia Property Awards Grand Final, supported by V-ZUG Thailand, last Friday revealed the region’s finest real estate and outstanding developers at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.The conclusion of the 2024 PropertyGuru Asia Property Awards series hosted over 130 award-winning finalists from across Asia, elevating their achievements on the international stage.Zhuhai Huafa Properties Co., Ltd. was honoured as the Best Developer in Asia—a first for the company.This marked one of five wins for companies representing Mainland China. Winners from Mainland China included Lead8, awarded for its projects MixC Changchun and K11 Shanghai, Huaihai Middle Road. Other winning design practices were Jiang & Associates Creative Design, which won for ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK, and Sybarite, which won for SKP Chengdu.Developers from Hong Kong and Macau also excelled with four winning titles. Winners included China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited, winning for PANO HARBOUR; Lek Hang Group for Hotel Central Macau; Lofter Group Limited for 1 Ki Lung Street; and New Orient Group for San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building).Australia garnered seven wins, three of which went to BLVD by OSK Property. Other champions included BHC Property, winning for Mercer; FY Property, Kooringa Group, MA Financial, CPDM for Chatswood Garden; Golden Sedayu for Burswood Point; and Jean Yip Developments for Elements at Carousel.The Philippines emerged as the most awarded market with 12 accolades. Federal Land, Inc. stood out as Best Luxury Developer (Asia), accompanied by a win for Riverpark, while Federal Land NRE Global, Inc. gained the Best Breakthrough Developer (Asia) title. Aboitiz InfraCapital Economic Estates was honoured as Best Industrial Developer (Asia), supported by a win for LIMA Estate.Adding to the Philippines’ impressive tally were titles for RLC Residences, winning for The Residences at The Westin Manila; Robinsons Offices for GBF Center 1; and work.able for work.able Robinsons Summit Center. Alveo Land won for Viento at Cerca while Sunshine Fort North Bonifacio Realty Development Corporation won for MITSUKOSHI BGC.The Estate Makati—a collaboration between SM Development Corporation (SMDC) and Federal Land—received two titles. This year’s PropertyGuru Icon Award was presented to Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime Holdings, by the editorial team of Property Report by PropertyGuru, the official magazine of the Awards.A wide array of companies from Malaysia triumphed with 11 wins. They included Bangsar Heights Pavilion, winning for Quayside JBCC; Berinda Group for Ponderosa Callista; City Motors Group for Alfa Bangsar; Eupe Corporation Berhad for Helix2 @ PJ South; Gunung Impian Development Sdn Bhd for Iconia Garden Residence; Iskandar Investment Berhad for Medini Innopolis; JLand Group Sdn Bhd for Sanubari @ Bandar Dato Onn; Malton Berhad for The Park 2 Pavilion Bukit Jalil; Sime Darby Property Berhad for Serenia Industrial Park; Tropicana Corporation Berhad for Avisa Residences, Tropicana Alam; and Triterra Sdn Bhd for The MET Corporate Towers.Indonesia celebrated eight wins, led by Paramount Land, winner of the Best Township Developer (Asia) title. Sinar Mas Land garnered multiple titles for BSD City and Biomedical Campus, as well as its joint ventures: Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation and Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V.Other victorious developers from Indonesia were DM Projects Group, winning for Salty Jim Villa; PT Adhi Commuter Properti Tbk. for LRT City Cibubur; and Summarecon Group for Flora at Summarecon BandungSingapore continued its winning streak with eight wins. UOL Group Limited was recognised as both Best Sustainable Developer (Asia) and Best Hospitality Developer (Asia), with Meyer Blue winning an award for both UOL Group Limited and Singapore Land Group Limited. Pan Pacific Orchard meanwhile yielded a win for both UOL Group Limited and Pan Pacific Hotels Group.Similarly, GuocoLand and Hong Leong Holdings Limited jointly won for Lentor Mansion. TID Pte. Ltd. won Best Lifestyle Developer (Asia), alongside a win for Lentoria, while FRX Capital Private Limited was named Best Boutique Developer (Asia).Thailand earned four titles, with Sansiri Public Company Limited winning for BuGaan Pattanakarn and Narasiri Phahol-Watcharapol. AP (Thailand) Public Company Limited also represented the kingdom with a win for The City Rama5-Nakhon In while APAC Land won for APAC Tower.Also claiming four titles, Vietnam emerged victorious with Phu Long Real Estates Corporation named asBest Community Developer (Asia). Gamuda Land won two titles for Eaton Park while Ecopark scored a win for Ecovillage Saigon River.From Japan, Niseko Woodlands Limited won for Grand Tsuru Niseko while Yoichi Dreams was recognised for Kisin.Saudi Arabia debuted at the Grand Final with Oud Real-Estate Development Company winning Best Mixed Use Developer (Asia), following a series of wins during the inaugural PropertyGuru Asia Property Awards (Middle East).From Cambodia, LP Residences Co., Ltd. received a win for its Palm Springs project. By the Waters by Suryam Developers LLP meanwhile gained a recognition for India.Jeremy Williams, managing director for Marketplaces at PropertyGuru Group, said: "PropertyGuru’s commitment to a sustainable future in Asia is truly reflected in this year’s award winners. By raising benchmarks for resilience and sustainability, we power communities to live, work, and thrive in tomorrow’s cities. These accolades not only honour the efforts of developers and design practices but also inspire innovation that benefits property seekers, agents, and investors alike. As we celebrate the 19th edition of the Grand Final, we look forward to a wave of progress creating what’s next for the region’s built environment."Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The 2024 PropertyGuru Asia Property Awards series included many first-time accolades. We celebrated the strengths of emerging and established property markets, expanding to new regions and revisiting the region’s leading real estate destinations. We also honoured individuals—industry legends and rising stars poised to change the game. Through the People’s Choice Awards, we engaged with property buyers, giving them a platform to support developers who share their aspirations and values. We also recognised excellence in ESG, supporting those making our industry more sustainable for future generations of property seekers. It’s an honour to conclude this series by celebrating companies across a wide variety of real estate sectors and distinguishing multiple types of projects throughout Asia Pacific, a region that is becoming home to the cities of tomorrow.”Thien Duong, chairperson of the Grand Final, said: “This year’s winners across Asia Pacific have impressed the judges with their sustainable, functional masterplans and designs, spanning everything from expansive townships to livable homes and dynamic commercial spaces. Excellence in property development is incessantly redefined across the region, and we’re happy to contribute to this ongoing evolution. Congratulations to the Gold Standard bearers of real estate across Asia Pacific.”An independent panel of head judges from participating markets in the Awards selected the winners: Thien Duong, general director, GroupGSA Vietnam (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Japan); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ivan Lam, executive director, international business, Charter Keck Cramer (Australia); Ken Ip, chairman, Asia MarTech Society (Mainland China); Kristin Thorsteins, co-founder & managing partner, Portman Investment Pte Ltd (Singapore); Dr. Nirmal De Silva, director and CEO, Paramount Realty (Sri Lanka); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (China – Hong Kong and Macau); Sorn Seap, president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).HLB ensured the fairness, transparency, and credibility of the selection process under the supervision of Paul Ashburn of HLB International Real Estate Group. The global network of independent professional accounting firms and business advisers was recognised as the “2024 Network of the Year.”The 19th PropertyGuru Asia Property Awards Grand Final was a highlight of PropertyGuru Week, which also featured the PropertyGuru Asia Real Estate Summit; the debut of the Awards in the Middle East; and the latest editions of the Awards in Mainland China, Hong Kong, Macau, Japan, India, Sri Lanka, and Cambodia.Organised by PropertyGuru Group, the 19th PropertyGuru Asia Property Awards Grand Final is supported by gold sponsor V-ZUG Thailand; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; media partners Bridges, BusinessWorld, d+a Magazine, Detik.com, Hot Magazine, Kiripost, Kompas.com, Luxury Society Asia, Manila Bulletin, Pattaya Trader, Prop2morrow, REm, SquareRooms, Tatler Asia Homes, The Philippine Star, and Think of Living; supporting partner REHDA Institute; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.COMPLETE LIST OF WINNERS19th PropertyGuru Asia Property Awards Grand FinalDEVELOPER AWARDSBest Developer (Asia)Zhuhai Huafa Properties Co., Ltd. – Mainland China (WINNER)BHC Property – AustraliaHome Lands Skyline (Pvt) Ltd – Sri LankaNew World Development Company Limited – China – Hong Kong and MacauRobinsons Land – PhilippinesSignature Global (India) Limited – IndiaSinar Mas Land – IndonesiaUOL Group Limited – SingaporeBest Luxury Developer (Asia)Federal Land, Inc. – Philippines (WINNER)Best Township Developer (Asia)Paramount Land – Indonesia (WINNER) Best Mixed Use Developer (Asia)Oud Real-Estate Development Company – Saudi Arabia (WINNER)Best Sustainable Developer (Asia)UOL Group Limited – Singapore (WINNER)King Square Development Co., Ltd. – ThailandBest Industrial Developer (Asia)Aboitiz InfraCapital Economic Estates – Philippines (WINNER)Best Lifestyle Developer (Asia)TID Pte. Ltd. – Singapore (WINNER)Best Hospitality Developer (Asia)UOL Group Limited – Singapore (WINNER) Best Community Developer (Asia)Phu Long Real Estates Corporation – Vietnam (WINNER)Best Boutique Developer (Asia)FRX Capital Private Limited – Singapore (WINNER)Lofter Group Limited – China – Hong Kong and Macau Best Breakthrough Developer (Asia)Federal Land NRE Global, Inc. – Philippines (WINNER)DEVELOPMENT AWARDSBest Mega Township Development (Asia)BSD City by Sinar Mas Land – Indonesia (WINNER) Best Township Development (Asia)Riverpark by Federal Land, Inc. – Philippines (WINNER)Koh Pich City by OCIC Group – CambodiaSummarecon Bogor by Summarecon Group – Indonesia Best Mixed Use Development (Asia)Burswood Point by Golden Sedayu – Australia (WINNER) Gaysorn Village by Gaysorn Property Co., Ltd. – ThailandKingsQuare by King Square Development Co., Ltd. – ThailandShenzhen Huafa Snow World by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Ultra Luxury Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)Jianfa Zichen by Jianfa Fangdichan Jituan – Mainland ChinaBest Luxury Condo Development (Asia)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore (WINNER) R&F Princess Cove Phase 2 - Seine Region by R&F Development Sdn Bhd. – MalaysiaThe Seasons Residences by Sunshine Fort North Bonifacio Realty Development Corporation – PhilippinesWaterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) Ltd – Sri Lanka Best High End Condo Development (Asia)Viento at Cerca by Alveo Land – Philippines (WINNER)Cerule at Solinea by Alveo Land – PhilippinesXi'an Huafa Lijun ‧Center Glorous by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)BLVD by OSK Property – AustraliaLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeThe Pavilia Forest by Joint Venture by New World Development Company Limited & Far East Consortium International Limited – China – Hong Kong and Macau Best Mid End Condo Development (Asia)Helix2 @ PJ South by Eupe Corporation Berhad – Malaysia (WINNER)Aspen Peak by Rumapadu by Harmas Land & Integrasi Transit Jakarta (ITJ) – IndonesiaBest Completed Condo Development (Asia)The Park 2 Pavilion Bukit Jalil by Malton Berhad – Malaysia (WINNER)Best Luxury Waterfront Condo Development (Asia)PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and Macau (WINNER)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporeBest Waterfront Condo Development (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER) Oceana Beach Resort Apartments & Villas - Wadduwa by Home Lands Skyline (Pvt) Ltd – Sri LankaThe Residences at Terrazas de Punta Fuego by Landco Pacific Corporation – Philippines Best Connectivity Condo Development (Asia)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and Macau (WINNER)Best TOD Condo Development (Asia)LRT City Cibubur by PT Adhi Commuter Properti Tbk. – Indonesia (WINNER)Best Investment Condo Development (Asia)Elements at Carousel by Jean Yip Developments – Australia (WINNER)Best Lifestyle Condo Development (Asia)The Residences at The Westin Manila by RLC Residences – Philippines (WINNER)Best Eco Friendly Condo Development (Asia) Alfa Bangsar by City Motors Group – Malaysia (WINNER)Best Ultra Luxury Housing / Landed Development (Asia)BuGaan Pattanakarn by Sansiri Public Company Limited – Thailand (WINNER)Best Luxury Housing / Landed Development (Asia)Narasiri Phahol-Watcharapol by Sansiri Public Company Limited – Thailand (WINNER) Best Housing / Landed Development (Asia)Grand Tsuru Niseko by Niseko Woodlands Limited – Japan (WINNER)Kisin by Yoichi Dreams – JapanMount Rosie Signature Collection by FRX Capital Private Limited – Singapore Best Mid End Housing / Landed Development (Asia)The City Rama5-Nakhon In by AP (Thailand) Public Company Limited – Thailand (WINNER)Leonora at Summarecon Serpong by Summarecon Group – Indonesia Best Affordable Housing / Landed Development (Asia)Avisa Residences, Tropicana Alam by Tropicana Corporation Berhad – Malaysia (WINNER)Britania Bekasi by PT. Mekar Agung Sejahtera – IndonesiaSpring Residence at Spring City, Sentul City by PT Sentul City Tbk – IndonesiaVilla Natura by Eupe Corporation Berhad – Malaysia Best Completed Housing / Landed Development (Asia)Flora at Summarecon Bandung by Summarecon Group – Indonesia (WINNER)Best Waterfront Housing / Landed Development (Asia)By the Waters by Suryam Developers LLP – India (WINNER)Best Investment Housing Development (Asia)Iconia Garden Residence by Gunung Impian Development Sdn Bhd – Malaysia (WINNER)Best Branded Residential Development (Asia)Quayside JBCC by Bangsar Heights Pavilion – Malaysia (WINNER)The Residences at The Westin Manila by RLC Residences – Philippines Best Luxury Townhouse Development (Asia)Mercer by BHC Property – Australia (WINNER)Best Townhouse Development (Asia)Chatswood Garden by FY Property, Kooringa Group, MA Financial, CPDM – Australia (WINNER)Best Smart Home Development (Asia)Sanubari @ Bandar Dato Onn by JLand Group Sdn Bhd – Malaysia (WINNER)Best Integrated Work From Home Development (Asia)BLVD by OSK Property – Australia (WINNER)Best Wellness Residential Development (Asia)BLVD by OSK Property – Australia (WINNER)The Residences at The Westin Manila by RLC Residences – PhilippinesBest Heritage Development (Asia)Hotel Central Macau by Lek Hang Group – China – Hong Kong and Macau (WINNER)San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau Best Mega Scale Industrial Development (Asia)Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation – Indonesia (WINNER)Best Industrial Development (Asia)Serenia Industrial Park by Sime Darby Property Berhad – Malaysia (WINNER)Light Industry & Science Park IV by Science Park of the Philippines. Inc. – PhilippinesBest Green Industrial Development (Asia)LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines (WINNER) Best Office Development (Asia)The MET Corporate Towers by Triterra Sdn Bhd – Malaysia (WINNER)83 King Lam Street by New World Development Company Limited – China – Hong Kong and MacauCybergate Iloilo Tower 3 by Robinsons Offices – PhilippinesFourE-com Center by SM Offices by SM Prime – PhilippinesJLC by Hongkong Land – Mainland ChinaOriental Square by OSI by Orient Success International Investment Joint Stock Company (OSI Holdings) – Vietnam Best Retail Development (Asia)MixC Changchun by Lead8 – Mainland China (WINNER)23 Paskal Shopping Center by PT Indonesian Paradise Property Tbk and Subsidiaries – Indonesia Best Smart Building Development (Asia)Biomedical Campus by Sinar Mas Land – Indonesia (WINNER) Best Green Development (Asia)Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V – Indonesia (WINNER)KingsQuare Residence by King Square Development Co., Ltd. – ThailandSignature Global Titanium SPR by Signature Global (India) Limited – IndiaBest Nature Integrated Development (Asia)Lentor Mansion by GuocoLand and Hong Leong Holdings Limited – Singapore (WINNER)Kisin by Yoichi Dreams – JapanThe Morizen at Summarecon Mutiara Makassar by Summarecon Group & Sumitomo Forestry – Indonesia DESIGN AWARDSBest Mega Township Masterplan Design (Asia)Medini Innopolis by Iskandar Investment Berhad – Malaysia (WINNER)Riverpark by Federal Land, Inc. – PhilippinesBest Township Masterplan Design (Asia)Ecovillage Saigon River by Ecopark – Vietnam (WINNER)Paramount Petals by Paramount Land – IndonesiaBest Mixed Use Architectural Design (Asia)K11 Shanghai, Huaihai Middle Road by Lead8 – Mainland China (WINNER)Quayside JBCC by Bangsar Heights Pavilion – Malaysia Best Condo Architectural Design (Asia)Lentoria by TID Pte. Ltd. – Singapore (WINNER)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLucky No. 16 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaMeyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporePANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and MacauThe Hillshore by FRX Capital Private Limited – SingaporeThe Spinnaker by Landco Pacific Corporation – PhilippinesBest Housing / Landed Architectural Design (Asia)Ponderosa Callista by Berinda Group – Malaysia (WINNER)The Links Golf Villas by PT. New Kuta Golf And Ocean View – IndonesiaThe Palazzo Pinklao-Borom by AP (Thailand) Public Company Limited – ThailandVong Residence by V.I Land Investment Co., Ltd. – Cambodia Best Resort Housing Architectural Design (Asia) Kisin by Yoichi Dreams – Japan (WINNER)Best Office Architectural Design (Asia)APAC Tower by APAC Land – Thailand (WINNER) GBF Center 1 by Robinsons Offices – PhilippinesJuli Road No.1 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaTHE CENDAS by S E A Holdings Limited – China – Hong Kong and MacauBest Retail Architectural Design (Asia)MITSUKOSHI BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (WINNER) Best Condo Interior Design (Asia)BLVD by OSK Property – Australia (WINNER) 2C Boundary Street by Lofter Group Limited – China – Hong Kong and MacauCasa Rivera by HWCD Design – Mainland ChinaCentury of Cultural Collection by HWCD Design – Mainland China Best Housing / Landed Interior Design (Asia)Salty Jim Villa by DM Projects Group – Indonesia (WINNER)Regalità by Da Vinci Land – SingaporeBest Suburban Housing / Landed Interior Design (Asia)Palm Springs by LP Residences Co., Ltd – Cambodia (WINNER)Best Heritage Interior Design (Asia) San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau (WINNER) Best Mega Scale Office Interior Design (Asia)ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK by Jiang & Associates Creative Design – Mainland China (WINNER) Best Office Interior Design (Asia)GBF Center 1 by Robinsons Offices – Philippines (WINNER) Best Co Working Space (Asia)work.able Robinsons Summit Center by work.able – Philippines (WINNER)Best Retail Interior Design (Asia)SKP Chengdu by Sybarite – Mainland China (WINNER)Best Hospitality Interior Design (Asia)Pan Pacific Orchard by UOL Group Limited and Pan Pacific Hotels Group – SingaporeBest Condo Landscape Design (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER) 1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeMeyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporePUBLISHER’S CHOICEPropertyGuru Icon AwardHenry T. Sy, Jr., Non-Executive Director/Chairman of the Board, SM Prime Holdings Chairman and Chief Executive Officer, SM Development Corporation (WINNER)About PropertyGuru’s Asia Property AwardsPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.com Sales & Nominations:Udomluk Suwan, Sales DirectorM: +66 87 699 4433E: may@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
‘Think Business, Think Hong Kong’ is coming to Jakarta ACN Newswire

‘Think Business, Think Hong Kong’ is coming to Jakarta

Jakarta, Indonesia, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) is set to conduct its mega promotion campaign, Think Business, Think Hong Kong (TBTHK), in Jakarta on 8 January.The full-day symposium, set to take place at Shangri-La Jakarta, will bring together business leaders from Hong Kong and Indonesia. More than 20 government representatives and business leaders will speak about the latest developments and opportunities in Asia and across diverse sectors, including finance, smart city, sustainability, transportation, innovation and technology (I&T) and more. Over 1,000 participants, including Indonesian government officials and business leaders from large corporations and SMEs, are expected.TBTHK aims to showcase Hong Kong, a resilient business and investment hub, as an ideal springboard for Indonesian businesses to access new opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), as well as the wider China and Asia markets. Ronald Ho, HKTDC’s Regional Director of Southeast Asia and South Asia, said at a press conference in Jakarta, “Hong Kong's strategic location as an international financial, fundraising and investment hub and as the gateway between Mainland China and the rest of the world presents immense opportunities for Indonesian businesses seeking to expand in the GBA and Mainland China. We look forward to connecting businesses with opportunities at TBTHK in Jakarta on 8 January.” He continued, “the Hong Kong SAR Chief Executive led a delegation organised by the HKTDC last year to ASEAN, including Indonesia, which resulted in the signing of 15 MoUs. The TBTHK promotion will build on that previous success to further promote business cooperation between Indonesia and Hong Kong.”Event HighlightIn addition to the symposium, some 20 Hong Kong service providers and start-ups will feature their flagship products and solutions in the exhibition’s Business Support Zone and InnoVenture Salon to create opportunities for collaboration with Indonesian participants.A delegation of some 100 senior executives, innovators, start-ups and professional service providers from various service sectors – including I&T, infrastructure and transportation – will explore business opportunities in Indonesia through company visits, networking events and business matching meetings.A high-level gala dinner, during which Hong Kong and Indonesia business leaders will have the opportunity to further engage in dialogue and network, concludes the day’s events.Indonesia-Hong Kong strong tiesAs the largest country in Southeast Asia, Indonesia is an important partner for Hong Kong. Economically, Hong Kong and Indonesia have seen their trade and investment ties deepen over the past decades. In 2023, Indonesia was Hong Kong’s 6th largest trading partner among ASEAN member states.Regarding bilateral investment, at the end of 2023, Hong Kong was Indonesia’s 6th largest investor, after Singapore, Japan, the US, the Netherlands and Mainland China, with a total FDI stock of US$17,253 million. In the same year, Hong Kong was Indonesia’s 2nd largest source of FDI, after Singapore, with a FDI flow of US$3,769 million.Presenting Hong Kong as an Ideal Business PartnerHong Kong has consistently ranked high on economic freedom and competitiveness. Its institutional strengths, including its free trade and investment regimes, a simple and low tax system and free flow of capital and goods offer a favourable business and investment environment.As a major business and trading hub in Asia, the city boasts excellent connectivity to the rest of Asia, with half of the world’s population within a five-hour flight. The new three-runway system at Hong Kong International Airport will significantly enhance passenger and cargo capacity, further solidifying its status as an international aviation hub. With Mainland China at its doorstep, Hong Kong serves as a gateway to this vast market, acting as a super connector between China and the world. Home to numerous international logistics firms and experienced supply chain service providers, Hong Kong can address the needs of ASEAN businesses.ASEAN countries can leverage Hong Kong's status as a premier international finance and business centre to raise funds and attract investment for developing smart cities, advancing the manufacturing sector and enhancing sustainability initiatives. As the largest offshore RMB market, the city provides robust infrastructure for efficient clearing and settlement of cross-border transactions. Its supportive regulatory environment fosters innovation and collaboration among ASEAN nations, promoting economic integration and offering diverse options for trade settlement. Through strategic partnerships with central banks, Hong Kong is ideally positioned to facilitate the growth of local currency usage, strengthening trade and investment across the region.With its strategic location as a finance, fundraising, and investment hub, combined with its role as superconnector, Hong Kong presents immense opportunities for Indonesian businesses seeking to expand into the GBA, Mainland China, Belt and Road countries and the wider Asia market.For more information, visit:https://thinkbusinessthinkhk.com/2025-jakarta/symposium/en/index.htmlPhoto download: https://bit.ly/4iyAChiA press conference was held in Jakarta today, during which Ronald Ho, HKTDC’s Regional Director of South East Asia and South Asia, announced details of the Think Business, Think Hong Kong (TBTHK) mega promotion, taking place in Jakarta on 8 January.(from left) Ronald Ho, Regional Director, South East Asia and South Asia, HKTDC; Suwito, Chairman, Hong Kong and Macau Bilateral Committee, Indonesia Chamber of Commerce and Industry (Kadin Indonesia); Didit A. Ratam, Vice Chair, International Relations Division, Indonesia Employers Association (APINDO); Ira Sofwan, Deputy Chairman, DPP Indonesia Women Entrepreneurs Association (IWAPI); and Muhammad Aaron Annar Sampetoding, Chairman of International Relations, Indonesian Young Entrepreneurs Association (HIPMI), attended the Think Business, Think Hong Kong (TBTHK) press conference at the Shangri-La Jakarta today.Media enquiriesAdvo Public RelationsFriska Rani Tel: 081298980400 mail: friska@advo-indonesia.comHKTDC’s Communication & Public Affairs Department:Snowy Chan Tel.: (852) 2584 4525 Email: snowy.sn.chan@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
SHENZHEN DOBOT CORP LTD Announces Proposed Listing on Main Board of The Stock Exchange of Hong Kong Limited ACN Newswire

SHENZHEN DOBOT CORP LTD Announces Proposed Listing on Main Board of The Stock Exchange of Hong Kong Limited

Investment Highlights- Player at the Frontline of the Booming Cobot Industry- Robust Research and Development Capabilities Guided by a Long-termist Mindset- Proprietary Full-stack Technologies Covering All the Key Aspects in the Cobot Development Cycle- Comprehensive Product Matrix Catering to a Wide Array of Use Cases- Successful Commercialization Underscored by Global Footprint and Clientele- Visionary and Experienced Management TeamHONG KONG, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - SHENZHEN DOBOT CORP LTD (“DOBOT” or the “Company”, together with its subsidiaries, collectively referred as the “Group”) has recently announced the details of the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEx”) (the “Share Offer”).DOBOT plans to offer a total of 40,000,000 shares, subject to over-allotment option, comprising 2,000,000 Public Offer Shares and 38,000,000 Placing Shares, at an Offer Price range between HK$18.80 and HK$20.80 per Offer Share. The Public Offer opened at 9:00 a.m. on Friday, December 13 and close at 12:00 noon on Wednesday,December 18. The allotment results will be announced on Friday, December 20. Dealings in H shares on HKEx are expected to commence on Monday, December 23, under the stock code 2432.HK.Guotai Junan Capital Limited and ABCI Capital Limited are the Joint Sponsors. Joint Bookrunners are Guotai Junan Securities (Hong Kong) Limited, ABCI Capital Limited, China PA Securities (Hong Kong) Company Limited,Shenwan Hongyuan Securities (H.K.) Limited and TradeGo Markets Limited.Company OverviewDOBOT is one of leading companies that specializes in the development, manufacturing and commercialization of collaborative robots, or commonly known as“cobots.” DOBOT is a top 2 player in the global cobot industry and the No.1 player among all Chinese cobot companies, with a global market share of 13.0% as measured by shipment volume in 2023, according to the CIC Report. The global cobot industry is at a nascent stage of development, whose market size accounted for less than 2% of the global robot industry in terms of revenue in 2023. According to the same source, the Group ranked seventh in the global cobot industry with a global market share of 3.6% in terms of global revenue generated from cobots in 2023.The Group is focusing on industry innovation, particularly in cobot safety measures and AI capabilities, by introducing the flexible e-skin technology, SafeSkin, and launching AI-empowered cobots underpinned by its AI cobot empowering platform, X-Trainer. As of 6 December 2024, the Group offered a total of 27 cobot models in four series, catering to numerous use cases in manufacturing, retail, healthcare, STEAM education, scientific research settings and many more. During the Track Record Period, the Group sold a total of over 53,000 cobots globally.Business Model and Market OutlookCobots are robots with operational robotic arms intended for direct human-robot interaction or collaboration within a shared space or where humans and robots are operating in proximity. DOBOT is primarily engaged in the design,development, manufacturing and commercialization of cobots. Its cobot products are adopted by global customers for various use cases in manufacturing, retail, healthcare, STEAM education, scientific research settings and many more. All of the cobot products are designated Specialist Technology Products. The Group adopted a transaction[1] based model for the sales of the cobot products.The global cobot market size has grown significantly from US$466.6 million in 2019 to US$1,039.5 million in 2023,at a CAGR of 22.2%, and is expected to reach US$4,950.0 million by 2028, at a CAGR of 36.6% from 2023 to 2028.In particular, China is playing an increasingly important role in the global cobot market, with its share in the global cobot market projected to increase from 26.3% in 2023 to 37.2% in 2028, at a CAGR of 46.5% from 2023 to 2028.The proliferation of AI technologies is expected to further accelerate the adoption of cobots in more use cases. The Group believes DOBOT is well positioned to capture the substantial market opportunity.Financial HighlightsThe total revenue of the Group was approximately RMB174.3 million, RMB241.0 million, RMB286.7 million for FY2021, FY2022, FY2023, respectively, at a CAGR of 28.3% and increased by 9.6% from RMB109.9 million in the six months ended June 30, 2023 to RMB120.5 million in the six months ended June 30, 2024. The Group’s export volume of cobots has consistently ranked first in China for six consecutive years, according to the CIC Report.The Group recorded gross profit of RMB88.1 million, RMB98.2 million, RMB124.8 million, and RMB52.8 million in 2021, 2022, 2023 and the six months ended June 30, 2024, respectively. The gross profit margin in 2021, 2022 and 2023 was 50.5%, 40.8%, 43.5% and 43.9%, significantly above the industry average. The outstanding margin profile is largely attributable to the global distribution network and an international clientele. In 2021, 2022, 2023 and the six months ended June 30, 2024, overseas markets contributed 48.1%, 58.1%, 59.1% and 61.4% of the total revenue, respectively. The cost advantages also stem from the proprietary development of key components and in-house design and development of key components as well as economies of scale as demands for the products continue to grow, coupled with the ongoing ramp-up of the production base in Rizhao, Shandong. Being a major port city, Rizhao’s proximity to the port significantly reduces transportation costs, facilitating efficient global export of the products. The favorable margin profile not only improves the financial performance but also affords us more flexibility in marketing strategy tailored to an increasingly competitive landscape.In 2021, 2022 and 2023, the Group had losses for the year of RMB41.8 million, RMB52.5 million and RMB103.3 million, respectively, and in the six months ended June 30, 2023 and 2024, the Group had losses for the period of RMB51.7 million and RMB59.9 million, respectively. This mainly attributes to the fact that the Group is in the stage of expanding the Group’s business and operations in the rapidly growing cobot market and are continuously investing in research and development.Competitive StrengthsAs one of the leading companies in the cobot industry, the Group believes that its success is attributable to the following competitive strengths: Firstly, DOBOT is one of the leading players at the frontline of the booming cobot industry, which has been recognized by world-renowned customers for its outstanding technical capabilities and product strength, and has led to a number of advance technological innovations, especially in cobot safety measures and AI capabilities. At the same time, the Group adheres to the long-termist mindset and guides its product R&D, and the Group's research and development initiatives are geared towards sustainable growth and enduring impact. Leveraging its interdisciplinary research and development capabilities, the Group has become one of few in the global cobot industry, according to the CIC Report, that have developed proprietary full-stack technologies that cover all the key aspects in the cobot development cycle. In addition, the Group has a comprehensive product matrix catering to a wide array of use cases; More importantly, under the leadership of its experienced management team, the Group continues to expand its market share through the successful commercialization of its global business and customers.Growth StrategiesIn future, the Group pursues the following strategies to further grow the business: (1) continue to advance technology development, including further investing in the research and development of proprietary key components of cobots, investing in the research and development of AI technologies, further improving its motion control algorithms, and building a full-perception technology architecture to expand the perception and interaction capabilities of our cobots and continue to enhance the safety measures in human-robot collaboration to meet the requirements in various use cases; (2) continue to expand the Group’s product offering and ecosystem to maintain its competitive edge in comprehensive product offerings by further upgrading existing products and launching new products; (3) enhance production capabilities and capacity to streamline supply chain management by introducing advanced manufacturing technologies and equipment to the production lines; (4) further fortify the Group’s sales network to expand global reach. The Group plans to establish three overseas subsidiaries in Thailand, Mexico and United Arab Emirates to seize the business opportunities; and (5) selectively pursue strategic collaboration, investment and acquisition opportunities to integrate industry resources that may help the Group acquires new technologies, expand sales channels and tap into new industries where most of potential customers have their designated cobot integrators or suppliers.Mr. Liu Peichao, Founder, Controlling Shareholder, Chairman of the Group’s Board, executive Director and general manager of DOBOT concluded, “We are pleased to witness this significant milestone in the Group’s history.Through the Group’s listing on the Main Board of HKEx, we will tap into the international capital markets. This will not only broaden the Group’s capital and shareholder base, but will also provide us with capital to fund the Group’s expansion plan, which will finally strengthen the Group’s position in the industry and further enhance the Group’s competitive advantages, thereby driving the Group’s long-term development.”"Looking ahead, we are committed to further developing and consolidating the Group’s position in the collaborative robotics industry. The growth rate of the global collaborative robot industry will far exceed the growth rate of the traditional industrial robot industry. It is expected that the popularization of AI technology will further accelerate the adoption of cobots in more use cases. With considerable growth and the Group’s own full-stack technology, we look forward to capturing the global cobot market opportunity to maintain our leading position in the industry and create greater value for the shareholders."For further enquiries, please contact Bright Communications International Limited:Ms. Kung Mobile: (852) 46371627Email: ir@brightcommns.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Fosun Bolsters Core Business with Two Key Asset Privatizations

HONG KONG, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - On the evening of 10 December, Fosun Tourism Group (FTG) announced on the Hong Kong Stock Exchange its plan to repurchase shares at a price of HK$7.8 per share. This price represents a 111% premium over the closing price of the day before the last trading day. This privatization will raise FTG’s market value to HK$10.5 billion, and the announcement swiftly captured widespread attention.The market generally perceives this move as part of Fosun’s strategy to focus on its core businesses and consolidate resources to support its core industries with established advantages. In June, Fosun Pharma announced its plan to privatize its biopharmaceutical subsidiary, Shanghai Henlius, through a merger.Within a year, with two key subsidiaries announced for privatization, what strategy is Fosun pursuing? Analysts suggest that “These two subsidiaries are high-quality assets of Fosun, and their privatization reflects Fosun’s commitment to strengthening its focus on core businesses with established advantages. This move also indicates that Fosun has ample cash flow, enabling it to pursue sustainable growth and make flexible adjustments.”Recently, Fosun has been active in its core sectors, such as tourism and pharmaceuticals. The company recently co-organized a biopharmaceutical innovation forum and signed agreements with several high-profile institutions. It also shipped its independently-developed drug, HANQUYOU, to the U.S. and expanded Club Med into the Greater Bay Area. These actions demonstrate Fosun’s intention to focus on its core businesses, building momentum for high-quality growth.Focusing on asset-light operations to create long-term value through a “retreat to advance” strategy in the tourism sectorSince the trading halt of FTG on 27 November, speculation about its privatization has circulated widely in the market. The announcement on 10 December confirmed FTG’s privatization, with investors noting that the privatization is a win-win choice.According to public information, FTG has been a core subsidiary within Fosun’s Happiness business segment since its establishment. In the first half of 2024, it reported a business volume of RMB10.65 billion, with an adjusted EBITDA of RMB2.09 billion and a profit attributable to equity holders of the company of RMB320 million, reflecting a 20% increase compared to the same period in 2023, excluding the one-off gain on disposal of resorts.In recent years, FTG has faced challenges due to global macroeconomic environment, trends in the tourism industry, and the overall performance of the Hong Kong stock market. Since its listing, the company’s share price has not reflected its true value, and trading volumes have been low, limiting its financing capacity. The advantages of being a listed company have not been fully realized, while maintaining its listing status has incurred additional costs. Completing the privatization will not only resolve liquidity issues but also enhance strategic flexibility and focus on long-term sustainable development.As a flagship brand of FTG, Club Med has recently achieved a new breakthrough. On 29 November, Shenzhen, CITIC, and Fosun signed a cooperation framework agreement to launch Club Med at Jinsha Bay in Dapeng New District, a key area for tourism development in Shenzhen. This collaboration is viewed in the tourism industry as a powerful alliance, combining high-quality resources.Club Med Joyview, the product line set to debut in Jinsha Bay, is designed specifically for the Chinese market, focusing on urban short-distance vacations. It has already seen success in locations such as Qiandao Lake in Zhejiang and Heilongtan in Sichuan. Dapeng New District holds high hopes for the project, believing that the establishment of a Club Med resort in Jinsha Bay will “fill a gap in high-end family resorts in Shenzhen and enhance the international profile and tourism appeal of both Shenzhen and Dapeng New District.”Analysts noted that Fosun is increasingly strengthening its asset-light strategy in the tourism sector. By leveraging strong intellectual properties and operational capabilities, Fosun has been accelerating partnerships with local governments and state-owned enterprises to seize promising projects. In addition to launching Club Med in Jinsha Bay, the recent signing of the second phase of the Taicang Alps Resort and the launch of the ULTRAMED Hainan are also prime examples of this asset-light approach.“At first glance, Fosun’s move towards privatization may seem like a ‘retreat’. However, the clear strategic direction and the steady advancement of asset-light projects indicate that the company is actually ‘retreating to advance’. In an uncertain market cycle, this approach maximizes strategic flexibility, allowing a focus on long-term goals and sustainable development.”Strengthening the pharmaceutical sector and embracing integrated innovation with a global perspectiveIn addition to the tourism sector, pharmaceuticals continue to be a key pillar of Fosun’s business profile, with the company making significant strides in this area recently.On 2-3 December, Fosun co-organized the first “Greater Bay Area (GBA) Star” Biopharmaceutical Original Innovation Forum in Shenzhen. Just two weeks prior, it co-organized another forum themed on “Original Innovation” in Shanghai.By co-organizing two high-profile industry forums within a month, Fosun has demonstrated its leadership and influence in the biopharmaceutical field. Fosun also signed strategic cooperation agreements with Fudan University, Shanghai University, the Shanghai Institute of Materia Medica, Chinese Academy of Sciences, and Ruijin Hospital, among others, to jointly promote original innovation.Guo Guangchang, Chairman of Fosun International, said at the forum, “Good innovation must start from demand. In the biopharmaceutical sector, this means putting ‘patients first’. Additionally, innovation should maintain a ‘global perspective’, always embracing an open mindset and adhering to a win-win cooperation.”While driving innovation in the industry, Fosun has also made important breakthroughs in broaden its global market reach. On 29 November, the first batch of HANQUYOU, a trastuzumab biosimilar independently developed and manufactured by Shanghai Henlius, was shipped to the U.S.HANQUYOU is the first China-developed monoclonal antibody biosimilar approved in China, the EU, and the U.S. To date, it has been approved in 50 countries and regions, benefiting over 220,000 HER2-positive breast and gastric cancer patients globally. According to Shanghai Henlius, approximately 6.5 million units of HANQUYOU have been shipped globally since its commercialization in 2020. In 2023 alone, HANQUYOU contributed over RMB2.7 billion in sales revenue.Industry expert believes that successfully entering the U.S. market will significantly enhance the growth trajectory of HANQUYOU and lay a solid foundation for the overseas expansion of Shanghai Henlius’ products. “The reasoning is simple: by breaking into the toughest market, the company gains confidence when approaching other countries and regions.”After more than a decade of development, Shanghai Henlius has built a diversified and robust product pipeline encompassing over 50 molecules, covering areas such as oncology, autoimmune diseases, and ophthalmology. Currently, 6 products have been approved for marketing in China, 3 have been approved for marketing in overseas markets, and 24 indications have received approval, and 4 applications have been accepted by the National Medical Products Administration (NMPA), the U.S. Food and Drug Administration (FDA), and the European Medicines Agency (EMA) in the EU. In addition to HANQUYOU, products such as HANSIZHUANG, HANLIKANG, HANDAYUAN, and HANBEITAI maintain leading positions in their respective markets.Notably, in June, Fosun Pharma announced its plans to privatize its subsidiary, Shanghai Henlius, through a merger. The proposed purchase price is HK$24.6 per share, representing a premium of 36.67% over the closing price on the Hong Kong Stock Exchange on the undisturbed date, and a premium of 52.04% over the average closing price based on the daily closing prices of H Shares as quoted on the Hong Kong Stock Exchange for the 30 trading days immediately prior to and including the undisturbed date. The total cash consideration shall not exceed HK$5.407 billion. Following this announcement, Fosun Pharma’s share price surged significantly.The industry generally views this privatization as a way for Shanghai Henlius to implement its long-term strategy more flexibly, which will help avoid the pressures of market expectations and stock price volatility associated with being publicly listed. This move also allows for a fresh start, enabling the company to explore new development opportunities through asset restructuring and industry adjustments. Once privatized, Shanghai Henlius’ core capabilities and long-term value will be further realized, thereby enhancing Fosun’s competitive edge in the pharmaceutical sector.Strong financial position and ample cash flow recognized by domestic and international institutionsFrom a financial perspective, Fosun’s recent series of strategic moves reflects its solid financial standing and ample cash flow, enabling it to pursue various strategies, including privatization.As of 30 June 2024, the company’s cash, bank balances and term deposits reached RMB109.55 billion, representing an increase of approximately RMB17.1 billion since the end of 2023.Recently, S&P and securities firms such as CITIC, have released reports highly recognizing Fosun’s focus on its core businesses in the household consumption sector, its optimization of asset structure, and its successful U.S. dollar note issuance to broaden its funding channels. Several securities firms have assigned Fosun a “Buy” rating.S&P believes Fosun has adequate liquidity buffer to meet its debt maturities obligation over the next two years and expects Fosun to continue divesting its non-core assets, leading to a steady decline in its debt. Furthermore, as offshore subsidiaries reach maturity, Fosun International’s dividend receipts are expected to enhance significantly. Therefore, S&P maintained a “stable” rating outlook on Fosun International.CITIC Securities noted that since 2020, Fosun has focused on developing strategically core businesses with market leadership while optimizing its asset structure and financial position through the divestment of non-strategy and non-core assets. As the company deepens its global operations, enhances business synergies, and improves its technological innovation capabilities, it is poised to unlock long-term growth potential.Analysts expressed that with strong financial backing, Fosun is continuously enhancing its competitiveness by focusing on its core sectors and exploring new growth opportunities, thereby further releasing its long-term value. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Xeleb Joins Miss Charm as Exclusive Web3 Partner to Revolutionize Voting and Judging with Decentralization ACN Newswire

Xeleb Joins Miss Charm as Exclusive Web3 Partner to Revolutionize Voting and Judging with Decentralization

Xeleb debuts misscharm.io with Miss Charm 2024 on 21 December in Ho Chi Minh, marking the first-ever use of blockchain in a beauty pageant.Contestant-issued MEME coins allow fans to directly support their favorite beauty queens, with a portion of proceeds benefiting charitable causesXeleb plans a Token Generation Event (TGE) in Q1 2025, with listings already secured on global top 5 crypto exchanges.Miss Charm’s contestantsHO CHI MINH CITY, VIETNAM, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Xeleb, an online voting and judging platform for global talent contests has launched through an exclusive partnership with Miss Charm, an international beauty pageant. From global beauty pageants to song and model contests, Xeleb leverages decentralization and digital assets to reward fan participation and amplify audience interaction.Xeleb has launched with a mission to increase and monetize fan and viewer engagement for these contests. The global audience for talent contests is enormous, as evidenced by the 243 million total engagements for the 2024 Miss Universe live broadcast on Telemundo(1), and the 163 million viewers of the 2024 Eurovision Song Contest(2). Xeleb taps into this unparalleled engagement potential by creating an ecosystem where fans can vote, judge, and earn rewards through a decentralized platform powered by blockchain technology.This year’s edition of the Miss Charm global finals will be held in Ho Chi Minh City, Vietnam on December 21, featuring contestants from 38 countries.Xeleb has developed misscharm.io as the official digital hub for Miss Charm fans. Fans can access two innovative features:Telegram Game Powered by TON: Fans can cast votes and judge contestants, earning rewards in return.Miss Charm MEME Coins: Fans can purchase unique MEME coins issued by contestants, allowing direct support for their favorite beauty queens. A portion of any gains from these coins will benefit charities chosen by the respective contestants.The Miss Charm advisory team includes key players from global franchises such as Miss World, Miss Universe, Elite Models, and Ford Models. They are joined by experts in regulated global crypto platforms and token listing strategies on major exchanges. CEO Paul Vinciano, former owner of Elite Models Vietnam and Miss Vietnam, and his team also operate one of Vietnam’s leading crypto technology development firms.Paul Vinciano, CEO of Xeleb said “Xeleb is set to revolutionize fan and audience engagement in global talent contests through our blockchain-powered, tokenized voting and judging platform. By integrating decentralization and digital assets, we are creating an ecosystem that not only enhances interactivity but also empowers fans to play an active role in the success of their favorite contestants.”Xeleb’s launch is backed by strategic seed investment from tech investor Calvin Cheng, a former Singapore Parliamentarian, and current Honorary Consul of Serbia in Singapore. Calvin was also Head of Elite Models Asia and owned the franchise for Ford Supermodel of the World Singapore, Malaysia and China. He is also currently Chairman & Founder at Paymonade, one of the largest European digital asset on-off ramps, which counts Binance as a major client. He is also the founder of AEUR, one of the world’s largest listed Euro-backed stable coins.In conjunction with this launch, Xeleb is excited to announce the completion of a major funding round led by HashKey Capital. Other prominent investors include Amber Group, MEXC Ventures, Foresight Ventures, and Mirana Ventures. Notably, MEXC Ventures is the investment arm of MEXC Crypto Exchange, Foresight Ventures represents the investment division of Bitget, and Mirana Ventures serves as the investment arm of Bybit.“The team combines both world-class track records in entertainment as well as digital assets. I am honored to invest in Xeleb alongside crypto investment titans like HashKey, Amber, Mirana, Foresight and MEXC,” said Calvin Cheng.Looking ahead, Xeleb plans a Token Generation Event (TGE) in Q1 2025, with listings already secured on global top 5 crypto exchanges.(1) https://tinyurl.com/y94pk5ht (2) https://tinyurl.com/yrn2u8r2 About XelebXeleb (xeleb.io) is a cutting-edge online voting and judging platform designed to revolutionize global talent contests by leveraging blockchain technology. Launched in partnership with Miss Charm on misscharm.io, Xeleb empowers fans to engage more deeply in their favorite contests while earning rewards.Xeleb is backed by an experienced team of industry experts, including veterans from global beauty franchises and regulated crypto platforms. Strategic investments from industry leaders such as HashKey Capital, Amber Group, and Calvin Cheng have further solidified Xeleb's position as a trailblazer in the intersection of entertainment and blockchain.About Miss CharmMiss Charm 2024 is a global-scale beauty pageant, which aims to search for the most exceptional female representatives from different countries all around the world, to appreciate their beauty as well as their cultures and educational backgrounds. The judging criteria for the pageant will involve beauty, physique, intellect as well as the ability to captivate the audience with the appeal.For media inquiries and interview requests, please contact:Lee Ke Wei (Financial PR)(T) 6438-2990(E) kewei@financialpr.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Asia Video Industry Association Wraps Up 2024 Harnessing the Power of Advertising to Spur the Industry Forward ACN Newswire

Asia Video Industry Association Wraps Up 2024 Harnessing the Power of Advertising to Spur the Industry Forward

SINGAPORE, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Between December 4-6, the Asia Video Industry Association (AVIA) closed off 2024 with three days of high-level meetings and conferences, covering Piracy, Policy, the annual OTT Summit alongside the advertising Upfront Showcases from leading streamers and publishers and the Annual General Meeting. The conferences brought together over 300 international and regional industry executives.Piracy Over The Top hosted by General Manager of the Coalition Against Piracy (CAP), Matthew Cheetham on 4thDecember saw a series of lively discussions with BBC Studios, beIN Sports, Meta, Malaysia’s Ministry of Domestic Trade and Cost of Living (MDTCL), NHK (Japan Broadcasting Corporation), Premier League, and TikTok, revolving around content protection, piracy trends, enforcement solutions and exclusive insights into what to expect in 2025. Key takeaways from these discussions highlighted the urgency of deeper collaboration between government, industry and intermediaries to clamp down on bad actors.The annual AVIA Policy Roundtable held behind closed doors and under Chatham House Rules saw a very high number of regulators from all around the region engaged in conversation with industry about the challenges and opportunities both face.The AVIA OTT Summit on 5th December this year turned to the world of advertising highlighting transformative trends and actionable insights for advertisers and media owners across the region. Kicking off the first session, Dhivya T, Lead Analyst – Head of Content & Platform Insights, Media Partners Asia (MPA), emphasized the growing shift to Connected TV (CTV) as traditional TV viewership declines, driven by its personalized, measurable appeal. CTV penetration is surging across APAC, with Japan and Korea expected to reach 80-85% active household penetration, and emerging markets like Thailand and Indonesia exceeding 50%. While user-generated content (UGC) dominates mobile platforms like YouTube and TikTok in Southeast Asia, premium streaming options like SVOD and Freemium retain significant scale. The Premium AVOD market in APAC (excluding China) is forecasted to grow at a 25% CAGR to over USD 8 billion over the next five years, with BVOD and SVOD as key drivers. Dhivya concluded by highlighting the growing opportunities in the Premium AVOD category and the undeniable dominance of YouTube and TikTok in mobile engagement.Raj Parekh, VP & Head of Digital Sales, Mediacorp, emphasized the role of innovative and engaging ad formats in driving user engagement, a sentiment echoed by Kanika Manglik, Vice President-Investment Strategy at GroupM. Speaking on the trends to expect, Jason Barnes, Chief Revenue Officer APAC, PubMatic, highlighted ongoing market consolidation and the evolution of Connected TV (CTV) into a full-funnel solution. Kanika further noted the growing consumer preference for watching content on larger screens, underscoring the shift toward more immersive viewing experiences. Both, Anannya Paliwal, Regional Director - Digital Solutions, Omnicom Media Group Asia Pacific, and Sunil Naryani, President Partnerships & Product Solutions, dentsu APAC noted that the difference in production techniques between UGC and professional content may be narrowing, but the category and nature of content is likely to remain very distinct.AI remains as one of the key trends to expect in 2025 for Jonathan Smith, SVP Product Data & Tech, GroupM and Anson Tan, Country Head – Singapore, Viu. Jonathan emphasized how generative AI is lowering barriers for smaller companies to create impactful advertisements while Anson highlighted the importance of collaboration between brands and agencies. Both Anson and Jonathan encourage advertisers to embrace experimentation and collaboration with media partners. In the other panel, Megan Reichelt, Country Manager, South East Asia, Hong Kong & Taiwan, Integral Ad Science, also foresaw a lot of close collaboration between tech parties and publishers to give confidence to advertisers while Christine Lau, Director of Yield Management, Viu, was confident that shoppable ads and deeper e-commerce integrations is expected to gain traction.James Wildbore, SVP & GM Global Ad Sales, BBC Studios, underscored the importance of maintaining the trust of audiences through BBC Verify. As the industry is evolving with more consumers using smart TV, Jolene Sng, Head of Agency Development, Samsung Ads shared that around half of all smart TV shipments will be within APAC by 2027 and advertisers should understand their consumers to ensure effective ads on various platforms. The preference for large screen viewing experiences and the benefit of getting traditional TV advertising with a modern and cost-effective approach was once again mentioned by James Ross, CEO, Lightning International, and Bhuvnesh Kanwar, Vice President, Revenue and Head of FAST, KC Global Media. The push for standardized audience measurement metrics remains critical in the discussions around addressing the challenges in programmatic and measurements for Erin Williams, Sales Director, APAC, CNN and Yann Courqueux, VP Entertainment, StarHub Ltd.In the closing discussion with AVIA’s CEO, Louis Boswell, on expanding content overseas, Ed Love, Head of Samsung TV Plus ANZ & South East Asia, Samsung Ads, highlighted how FAST (Free Ad-Supported Streaming TV) removes cost barriers, enabling efficient cross-market distribution. Having launched with 20 channels in the Philippines, Singapore and Thailand they are looking to aggressively grow this number and partnerships are key to this. Sharing insights into their plans over the next 12 months, Ed stressed that the focus will be on "local, local, and local", leveraging FAST’s lower market entry barriers to create a compelling linear offering.Running parallel to the OTT Summit, the Upfront Showcase spotlighted cutting-edge content and advertising opportunities from leading streaming and broadcasting publishers BBC Studios, iQIYI, Samsung Ads, StarHub and Viu. Attendees were treated to an exciting half day of insight and innovation.At the Annual General Meeting AVIA were pleased to announce the appointment of two newly elected Board members: Debra Richards, Director – APAC Content, Studio & Production Affairs – ANZ Public Policy, Netflix and Tim Harris, Vice President Transactional Sales and Emerging Media Asia Pacific, Sony Pictures Entertainment. AVIA also wishes to express its thanks to Yoly Crisanto, Chief Sustainability and Corporate Communications Officer, Globe, and Nick O’Donnell, former APAC Head of Public Policy of Netflix, for their contributions during their tenure.Also at the AGM, AVIA paid tribute to Matt McDonald, Senior VP and GM at Sony Pictures Television. He was presented with an award for distinguished service to the Asian video industry after many years of leading initiatives from ensuring channel frequencies were not affected when 5G services were rolled out to helping manage continuity of services throughout the pandemic, and especially in the first wave of lockdowns.Thanks to NBCUniversal and Netflix for their support for the Policy Roundtable. The OTT Summit was proudly sponsored by Gold Sponsors Irdeto, Publica and TV5MONDE; and Silver Sponsors INVIDI, Magnite, PubMatic and ShemarooVisit our media gallery for photos from event.About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.For media enquiries and additional background information, please contact:Charmaine Kwan | Tan Teck Weecharmaine@avia.org | teckwee@avia.org www.avia.org | www.linkedin.com/company/asiavideoia|X: @AsiaVideoIA Copyright 2024 ACN Newswire via SeaPRwire.com.
More