Accrelist to Leverage on Growing Demand for HDD Solutions with Acquisition of Shares in MClean Technologies

SINGAPORE, June 26, 2024 – (ACN Newswire) – Datuk Dr. Terence Tea Yeok Kian, Executive Chairman and Managing Director of Accrelist Ltd. (“Accrelist”), is pleased to announce that a subsidiary of Accrelist, one of the largest aesthetic groups listed on the Catalist Board of Singapore Exchange (“SGX”), has entered into a sale and purchase agreement to acquire a 28.53% equity stake in MClean Technologies Berhad (“MClean Technologies”, “MClean” or the “Company”). The acquisition is conditional upon the satisfaction (or, where applicable, waiver) of certain conditions precedent.

Datuk Dr. Terence Tea Yeok Kian, the Executive Chairman and Managing Director of Accrelist
Datuk Dr. Terence Tea Yeok Kian, the Executive Chairman and Managing Director of Accrelist

This share acquisition underscores Accrelist’s confidence in MClean’s business direction and growth prospects, especially in the growing demand for Hard Disk Drive (“HDD”) solutions, following the significant increase in demand for data centres.

MClean Technologies, headquartered in Singapore, has established itself as a pivotal player in the electronics and semiconductor products cleaning solutions industry. The Company offers a comprehensive range of services, including surface treatment, precision cleaning, sterile, and packaging services for various industries such as HDD, consumer electronics, and oil & gas. MClean Technologies operates in Malaysia, Singapore, and Thailand, providing high-quality and reliable services to its diverse clientele.

Furthermore, MClean’s strong presence in the HDD solutions industry positions it well to capitalise on the growing demand for data centres. Malaysia is seeing significant data centre investments, with Johor emerging as the largest data centre market in the country. Johor is poised to attract RM17.0 billion (US$3.6 billion) in new data centre investments in 2024 alone, according to the news report by New Straits Times, driven by multinational corporations taking advantage of its strategic location and lower operating costs. Major players like Nvidia, AirTrunk, and Microsoft are establishing data centres in the region, further boosting the demand for HDD solutions.

Datuk Dr. Terence Tea Yeok Kian (“Datuk Dr. Terence Tea”), the Executive Chairman and Managing Director of Accrelist, is a distinguished businessman with extensive experience and a proven track record of driving growth and innovation. He holds a Ph.D. in Business Administration (Honorary) from Honolulu University and a Diploma in Electronics and Electrical Engineering from Singapore Polytechnic. Datuk Dr. Terence Tea currently holds several prominent directorships in listed companies, including Executive Chairman and CEO of Jubilee Industries Holdings Ltd. (“Jubilee”) and was previously the Chairman of a publicly listed electronics manufacturing services company in Malaysia.

Executive Chairman and Managing Director of Accrelist, Datuk Dr. Terence Tea commented, “We are excited about Accrelist’s acquisition of shares in MClean Technologies and we look forward to contributing to the Company’s growth and success. The Company has a strong foundation and a dedicated team, and I am confident that together, we can achieve significant milestones and create long-term value for both our shareholders. In particular, we see great potential in expanding into HDD solutions, especially in Malaysia and Thailand, where demand for high-quality precision cleaning services is rapidly growing.”

Following the acquisition of the equity stake in MClean Technologies, there is expected to be synergies between Jubilee, the subsidiary of Accrelist, and MClean Technologies, allowing both companies to leverage on their respective strengths to create cross-selling opportunities and enhance the customer base of both entities. This potential collaboration is expected to drive growth and provide comprehensive solutions to a broader market, further solidifying Jubilee’s presence in the electronics and semiconductor sectors, especially in the storage space sector.

As at 5:00 P.M., 24 June 2024, being the last trading day prior to signing of the sale and purchase agreement, the share price of MClean Technologies closed at RM0.41 representing a market capitalisation of RM80.9 million.

Media contact:
Stephanie Chow
Swan Consultancy
s.chow@swanconsultancy.biz 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Mooreast Opens its First Northeast Asian Sales Office in Taiwan

TAIPEI, TW, June 26, 2024 – (ACN Newswire) – Mooreast Holdings Ltd. (“Mooreast” or the “Group”) inaugurated its sales office in Taiwan today, marking its foray to Northeast Asia as part of an expansion to offer total mooring solutions to the global emerging floating renewable energy sector.

On 16 May 2024, SGX Catalist-listed Mooreast incorporated Mooreast Taiwan Limited (“Mooreast Taiwan”) in Taipei, a wholly-owned subsidiary of Mooreast Renewable Pte. Ltd., which in turn is a wholly-owned subsidiary of the Group.

Representatives of Taiwan’s Industrial Development Administration witnessed the opening of the office. Representing Mooreast were Chairman Mr Joseph Ong, Deputy Chairman, Executive Director and CEO Mr Sim Koon Lam, and Head Commercial Mr Jaymes Sim, along with senior management.

Bringing more than three decades of mooring and offshore marine expertise, along with a strong track record of completing 21 offshore wind-related projects since 2013 – totalling 86.3 megawatts of energy capacity – Mooreast will offer a diverse range of products, services and solutions catered to supporting the next phase of Taiwan’s wind development into floating wind farms.

Mooreast, Asia’s only ultra-high power anchor manufacturer, said Taiwan offers one of the most exciting floating renewable markets in the region. The Group, together with its partners in the region, will jointly offer Engineering, Procurement, Construction and Installation services for floating energy projects.

Mooreast Chairman Mr Joseph Ong said the office in Taiwan will spur collaboration
Mooreast Chairman Mr Joseph Ong said the office in Taiwan will spur collaboration

The Taiwan expansion is part of the Group’s broader transformation to meet anticipated demand in the emerging floating offshore renewable market. On 19 June 2024, the Group announced it intends to acquire a 98,919 sqm (approx. 1.1 million sqft) facility from a subsidiary of Seatrium Limited. This will quadruple its production capacity in Singapore to better serve the fast-growing floating offshore renewable sector.

Mooreast has also signed a non-binding term sheet to secure a S$20.01 million convertible loan from SG-RT FUND, a sub-fund of CEC-SG VCC, a Singapore- registered umbrella variable capital company managed by N PrimePartners Capital Pte. Ltd. on 13 June 2024.

The funds will provide essential working capital for FY2024 and to support the Group’s expansion and growth strategies to strengthen the Group’s mooring supply chain internationally.

Mr Joseph Ong said, “Backed by 30 years of mooring expertise, we are confident of our ability to support the fast-growing offshore wind sector in Taiwan and, indeed, Northeast Asia. A physical presence in Taiwan will spur collaboration with contractors and partners to offer differentiated service and solutions to our customers.”

Mr Sim Koon Lam, said, “Taiwan is a key market for Mooreast, and we are committed to support its renewable energy initiatives. We look forward to nurturing relationships with existing and new partners to build a stronger eco-system for the floating renewable energy sector in the region.”

This press release has been prepared by the Company and its contents have been reviewed by the Company’s sponsor, W Capital Markets Pte. Ltd. (the “Sponsor”). This press release has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “SGX-ST”) and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Alicia Chang, Registered Professional, W Capital Markets Pte. Ltd., at 65 Chulia Street, #43-01 OCBC Centre, Singapore 049513, Telephone (65) 6513 3525.

Issued for and on behalf of Mooreast Holdings Ltd. by WeR1 Consultants Pte Ltd.

About Mooreast Holdings Ltd.

Mooreast is a total mooring solutions specialist, serving mainly the offshore renewable energy, offshore oil & gas (“O&G”) and marine industries, with operations primarily in Singapore, the Netherlands through its wholly-owned subsidiary in Rotterdam Mooreast Europe, and offices based in Scotland and Taiwan.

Mooreast’s solutions include the design, engineering, fabrication, supply and logistics, installation and commissioning of mooring systems. Mooreast is applying its experience and expertise in mooring solutions to floating renewable energy projects, in particular floating offshore wind farms. It has successfully participated in developmental and prototype projects for floating offshore wind turbines in Japan and Europe. For more information, please visit https://mooreast.com/

Media & Investor Contact Information
WeR1 Consultants Pte Ltd
1 Raffles Place #02-01
One Raffles Place Mall Suite 332 Singapore 048616
Isaac Tang, mooreast@wer1.net (M: +65 9748 0688)



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

World Cities Summit 2024 – strengthening collective action for resilient and regenerative cities

SINGAPORE, June 26, 2024 – (ACN Newswire) – The World Cities Summit (WCS) 2024 concluded with about 3,500 delegates and trade visitors, from close to 100 cities, attending various WCS programmes from 2 – 4 June. The Summit brought together global leaders, industry movers and shakers, innovators, and up-and-coming young leaders and entrepreneurs to envision and shape the future of urban development.

Under this year’s theme, “Liveable and Sustainable Cities: Rejuvenate, Reinvent, Reimagine”, more than 40 exhibitors and presenters showcased a diversity of key projects and practical urban solutions through physical booths and concept pitches at the City Innovators stage.

Several recurring themes have emerged during various sessions in the Summit:

  • Innovation enables cities to address complex urban challenges. Cities must invest in research capabilities to drive innovation, which will in turn translate into new and effective solutions to address common challenges.
  • Embracing international collaboration is vital in shaping the urban landscapes of tomorrow. Cities must remain open to adapting and incorporating insights and best practices from around the world. Benefits from international collaborations can be leveraged upon to address common challenges and build a collective future of greater liveability and sustainability.
  • Partnerships and collaborative ecosystems are key in addressing urban challenges. Cities must actively involve its citizens and stakeholders in the planning of its living environment and urban policies. A more engaged citizenry lays the groundwork for a strong partnership between Government and citizens, translating into better policy outcomes and stewardship of resources.

In addition to the extensive discussions and knowledge exchange, the summit provided opportunities for stakeholders from the public and private sectors to forge new alliances, cultivate strategic partnerships, and explore potential avenues for collaboration. A total of 8 Memoranda of Understanding (MOUs) and agreements were inked at WCS 2024. Details on partnerships signed at the Summit are provided in the Annex.

WCS serves as a catalyst for collaborative engagement and knowledge sharing, and continues to be an important convening for cities around the world. The next World Cities Summit will be held in 13 – 15 June 2026, in Singapore. The World Cities Summit Mayors Forum 2025 will be held from 2 – 4 July, hosted by the Lee Kuan Yew World City Prize 2020 Laureate – the city of Vienna. For more information on World Cities Summit, please visit https://www.worldcitiessummit.com.sg/

About the World Cities Summit

The biennial World Cities Summit (WCS) is an exclusive platform for government leaders and industry experts to address liveable and sustainable city challenges, share integrated urban solutions and forge new partnerships. Jointly organised by Singapore’s Centre for Liveable Cities (CLC) and the Urban Redevelopment Authority (URA), key highlights of the Summit include the WCS Mayors Forum, the Lee Kuan Yew World City Prize and the WCS Young Leaders Symposium. For more information, visit www.worldcitiessummit.com.sg

About Centre for Liveable Cities

Set up in 2008 by the Ministry of National Development and the then-Ministry of the Environment and Water Resources, the Centre for Liveable Cities (CLC) aims to distil, create and share knowledge on liveable and sustainable cities.

The CLC’s work spans four main areas: Research, Capability Development, Knowledge Platforms, and Advisory. Through these activities, it hopes to provide urban leaders and practitioners with the knowledge and support needed to make our cities better. For more information, please visit www.clc.gov.sg

About Urban Redevelopment Authority

The Urban Redevelopment Authority (URA) is Singapore’s land use planning and conservation agency. Our mission is ‘to make Singapore a great city to live, work and play’. We strive to create an endearing home and a vibrant and sustainable city through long-term planning and innovation, in partnership with the community.

URA’s multi-faceted role includes being the main government land sales agent. We attract and channel private capital investments to develop sites that support planning, economic and social objectives. We also partner the community to enliven our public spaces to create a car-lite, people-friendly and liveable city for all to enjoy. In shaping a distinctive city, URA also promotes architecture and urban design excellence. Visit www.ura.gov.sg for more information.

For media enquiries, please contact:
Team Lewis (official PR partner of WCS 2024)
Rifdi Jaffar
Senior Campaign Manager
Team Lewis
rifdi.jaffar@teamlewis.com

Annex

MOUs and Agreements inked at the World Cities Summit 2024

Date

MOU/Agreement

Details

2 June 2024

Signing of Letter of Intent with Vienna to host World Cities Summit Mayors Forum 2025

The City of Vienna will host the World Cities Summit Mayors Forum 2025. A Letter of Intent has been signed between Vienna’s representative and the Centre for Liveable Cities.

3 June 2024

Memorandum of Understanding between the Centre for Liveable Cities and the Singapore Management University

For collaborative research in the areas of Climate, Carbon, Infrastructure and Environment, Social-Behavioural Science and Science of Cities, while also leveraging on both parties’ local and international networks of academics, industry leaders and professionals in the above areas. Both parties will also participate in respective knowledge sharing platforms (e.g. WCS, CLC Lecture Series, Urban Institute’s Cities Dialogues) and offer capability development opportunities for staff (e.g. on case study writing and teaching by SMU).

3 June 2024

Memorandum of Understanding between the Centre for Liveable Cities and the Department of Planning and Architecture, the People’s Committee of Ho Chi Minh City, Vietnam, on Sustainable Development

This MOU allows Ho Chi Minh City and CLC to collaborate to share knowledge e.g. CLC will offer capacity building workshops for Ho Chi Minh City officials

3 June 2024

Memorandum of Understanding between Singapore Land Authority and Singapore Management University’s College of Integrative Studies and Urban Institute on Geospatial Capacity Building & Supporting Urban Climate Change Research

Jointly collaborate on leveraging geodata to support research projects on climate change and urban challenges.

Enrich the geospatial talent pipeline through participation in co-led activities or collaborative research projects and undergraduate/ postgraduate research opportunities, as well as events to promote greater geospatial outreach and awareness.

3 June 2024

Memorandum of Understanding between Singapore Land Authority and the National Land Commission Secretariat of Bhutan

Collaborate on skills development in support of Bhutan’s national development through the establishment of a comprehensive and robust land administration framework

Explore opportunities to deepen Bhutan’s geospatial capabilities

3 June 2024

Memorandum of Understanding between the Centre for Liveable Cities and Arup

Arup has been collaborating with CLC in various workstreams including co-curation of World Cities Summit (WCS) plenaries and roundtable sessions. To deepen the collaboration moving forward, CLC and Arup Singapore have agreed to formalise the partnership through a signing of the MoU that will allow both parties to expand their knowledge-sharing efforts on projects that contribute to the building of liveable and sustainable cities.

4 June 2024

Memorandum of Understanding between the Centre for Liveable Cities and the National University of Singapore

CLC has built a strong partnership with the National University of Singapore (NUS) since 2017, collaborating on research, capability development and knowledge sharing.

This new 3-year MOU between CLC/MND and NUS will allow both parties to continue collaborating on research projects, knowledge exchange and capacity building efforts that contribute to the building of liveable and sustainable cities.

4 June 2024

Memorandum of Understanding between the Centre for Liveable Cities and the National League of Cities

The MOU will allow CLC and the NLC to cooperate on knowledge sharing via our mutual networks, conferences and activities.

 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

China Medical System Completes Dosing of the First Subject in Phase III Bridging Trial of Ruxolitinib Cream in Atopic Dermatitis in China

SHENZHEN, June 25, 2024 – (ACN Newswire) – On June 25, China Medical System Holdings Limited (the “Company”, together with its subsidiaries, the “Group” or “CMS”) announced the completion of dosing for the first subject in the phase III bridging trial of ruxolitinib cream (the “Product”) in atopic dermatitis (“AD”) in China. This is another substantial clinical development milestone for ruxolitinib cream in China, following the approval for Urgent Clinical Import by Hainan Medical Products Administration and approval for marketing in Macau for vitiligo.

This trial is a randomized, double-blind, placebo-controlled phase III clinical trial evaluating the efficacy and safety of ruxolitinib cream in the treatment of atopic dermatitis in Chinese patients. The trial aims to provide more medical evidence to support the Product’s marketing application in China. The trial, led by Professor Shi Yuling, Vice President of Shanghai Skin Disease Hospital, will be conducted in 20 sites nationwide aiming to enroll approximately 192 atopic dermatitis patients.

AD is a chronic, recurrent and inflammatory dermatologic disease, with the main clinical manifestations of dry skin, chronic eczema-like lesions and obvious itching or pruritus, which may seriously affect the quality of life of patients. It is estimated that there are approximately 26 million[1] AD patients in China, of whom about 23 million[2] are mild to moderate. Topical drugs are the most basic treatment for AD. Traditional topical medications such as topical corticosteroids (TCSs) and topical calcineurin inhibitors (TCIs) have long-term adverse reactions or limited efficacy[3] [4], therefore novel treatments are urgently needed, especially for those mild to moderate AD patients who do not need systemic treatment.

About ruxolitinib cream

Ruxolitinib cream (Opzelura®), a novel cream formulation of Incyte’s selective JAK1/JAK2 inhibitor ruxolitinib, is approved by the U.S. Food and Drug Administration (FDA) for the topical treatment of nonsegmental vitiligo in patients 12 years of age and older, and is the first and only treatment for repigmentation approved for use in the United States[5]. Opzelura is also approved in the U.S. for the topical short-term and non-continuous chronic treatment of mild to moderate atopic dermatitis (AD) in non-immunocompromised patients 12 years of age and older whose disease is not adequately controlled with topical prescription therapies, or when those therapies are not advisable[6]. Use of Opzelura in combination with therapeutic biologics, other JAK inhibitors, or potent immunosuppressants, such as azathioprine or cyclosporine, is not recommended. In Europe, ruxolitinib cream (Opzelura) is approved for the treatment of non-segmental vitiligo with facial involvement in adults and adolescents from 12 years of age[7].

Ruxolitinib cream is not approved by the National Medical Products Administration of China (NMPA) for any indication in Mainland of China. However, on 12 August 2023, the Product was approved by Hainan Medical Products Administration for Urgent Clinical Import, and officially became available to applicable patients in the Hainan Boao Lecheng International Medical Tourism Pilot Zone (the “Pilot Zone”) on 18 August, for the topical treatment of non-segmental vitiligo in adults and adolescents aged 12 and above with facial involvement. Benefiting from the Early and Pilot Implementation Policy granted by the state to Hainan Free Trade Port and the Pilot Zone, patients with vitiligo in China can apply for the Product in Boao Super Hospital first and receive treatment from the expert team. The Group is cooperating with Boao Super Hospital to conduct the Real World Research (RWS) for the Product, which could support the registration and launching of the Product in Mainland of China.

Moreover, the Pharmaceutical Administration Bureau (ISAF) of Macau has approved the new drug application of ruxolitinib cream for the treatment of non-segmental vitiligo with facial involvement in adults and adolescents from 12 years of age on 11 April 2024, and it may bring a novel therapeutic option to patients with relevant indication in the area.

Incyte has worldwide rights for the development and commercialization of the Product, marketed in the United States and Europe as Opzelura®. CMS has an exclusive license to develop and commercialize the Product in Mainland China, Hong Kong Special Administrative Region, Macau Special Administrative Region, Taiwan Region and eleven Southeast Asian countries (the “Territory”) and a non-exclusive license to manufacture the Product in the Territory.

Opzelura and the Opzelura logo are registered trademarks of Incyte.

CMS continues to pay close attention to patients’ needs, and actively promotes the R&D and clinical application of innovative products to address unmet clinical needs, bringing more quality medical products to patients through differentiated innovation breakthroughs.

About CMS

CMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.

CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.

CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development of its advantageous specialty fields and expand business boundaries. While strengthening the competitiveness of the cardio-cerebrovascular/gastroenterology business, CMS independently operates its dermatology and medical aesthetics business, and ophthalmology business, aiming to gain leading positions in specialty therapeutic fields, whilst enhancing the scale and efficiency. At the same time, CMS has expanded its business territory to the Southeast Asian market, striving to become a “bridgehead” for global pharmaceutical companies to enter the Southeast Asian market, further escorting the sustainable and healthy development of the Group.

Reference:

1. M.R. Laughter, M.B.C. Maymone, S. Mashayekhi, B.W.M. Arents, C. Karimkhani, S.M. Langan, R.P. Dellavalle, C. Flohr, The global burden of atopic dermatitis: lessons from the Global Burden of Disease Study 1990–2017, British Journal of Dermatology, Volume 184, Issue 2, 1 February 2021, Pages 304–309, https://doi.org/10.1111/bjd.19580

2. Chiesa Fuxench ZC, Block JK, Boguniewicz M, Boyle J, Fonacier L, Gelfand JM, Grayson MH, Margolis DJ, Mitchell L, Silverberg JI, Schwartz L, Simpson EL, Ong PY. Atopic Dermatitis in America Study: A Cross-Sectional Study Examining the Prevalence and Disease Burden of Atopic Dermatitis in the US Adult Population. J Invest Dermatol. 2019 Mar;139(3):583-590. doi: 10.1016/j.jid.2018.08.028. Epub 2018 Oct 30. PMID: 30389491

3. “Research Report on the Living Conditions of Atopic Dermatitis Patients in China” August 2020

4. Yimi Survey “Atopic Dermatitis Diagnosis and Cognition Survey” October 2023

5. Drug approval information can be found on the FDA official website, as follows: https://www.fda.gov/drugs/news-events-human-drugs/fda-approves-topical-treatment-addressing-repigmentation-vitiligo-patients-aged-12-and-older 

6. Drug approval information can be found on the Incyte official website, as follows: https://investor.incyte.com/news-releases/news-release-details/incyte-announces-us-fda-approval-opzeluratm-ruxolitinib-cream 

7. Drug approval information can be found on the EMA official website, as follows: https://www.ema.europa.eu/en/medicines/human/EPAR/opzelura 

CMS Disclaimer and Forward-Looking Statements

This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.

This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.

Media Contact
China Medical System Holdings Ltd.
CMS Investor Relations
Website: https://web.cms.net.cn/en/home/

Source: China Medical System Holdings Ltd.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

34th Hong Kong Book Fair opens on 17 July

  • Book Fair runs alongside HKTDC Hong Kong Sports and Leisure Expo and HKTDC Hong Kong World of Snacks from 17 to 23 July at the HKCEC
  • Some 760 exhibitors are featured. With a single ticket, visitors can immerse themselves in the worlds of literature, sports and leisure activities and global snacks 
  • The theme of this year’s Book Fair is Film and Television Literature hosting more than 600 seminars and cultural activities featuring renowned writers and celebrities, reinforcing Hong Kong’s position as an East-meets-West Centre for International Cultural Exchange
  • Sports and Leisure Expo will feature an installation to cheer on Hong Kong’s athletes at the Paris Olympics, while the World of Snacks offers more than 1,200 different snacks

HONG KONG, June 25, 2024 – (ACN Newswire) – The 34th HKTDC Hong Kong Book Fair, organised by the Hong Kong Trade Development Council (HKTDC), will be held from 17 to 23 July (Wednesday to Tuesday) at the Hong Kong Convention and Exhibition Centre (HKCEC), running concurrently with the HKTDC Sports and Leisure Expo and HKTDC World of Snacks. With a single ticket, visitors can immerse themselves in the worlds of literature, sports and leisure activities and global snacks, with some 760 exhibitors across the three fairs. This year’s Book Fair will stage more than 600 cultural events onsite and off-site, including acclaimed writers’ seminars and book launches to help promote a stronger reading culture in Hong Kong.

Sophia Chong, Deputy Executive Director of the HKTDC, said: “The Hong Kong Book Fair Cultural Events Advisory Panel voted Film and Television Literature as the theme of the year. With the tagline Reading the World: Storytelling from Page to Screen, we aim to leverage this popular theme to encourage more locals and tourists to discover the joys of reading and appreciate the charm of Hong Kong’s literary, film and television works, help shaping Hong Kong into an East-meets-West Centre for International Cultural Exchange. The Book Fair runs concurrently with the Hong Kong Sports and Leisure Expo and the World of Snacks, and together these three major events will create summer fun for people of all ages and reinforce the concept that ‘Tourism is everywhere in Hong Kong’.”

Art Gallery exhibits take visitors from page to screen

The Book Fair continues to receive funding from the Government of the Hong Kong Special Administrative Region’s Cultural and Creative Industries Development Agency to support featured activities, including the Art Gallery, World of Art & Culture, the International Publishing Forum and the debut of IP Roundtable.

The popular Art Gallery will be exhibiting a wide range of works from the featured writers of the year, including Erica Li, Raymond To, Joyce Chan, Norris Wong, Chiang Hiu Mei, and Law Kar, highlighting their publications, manuscripts, awards, and movie props. Most of them will also attend the Book Fair in person to engage with visitors both inside and outside the event. The Art Gallery has two other exhibition areas, namely Featured Directors and Classic Literary Adaptations. The former showcases selected works by directors such as Wong Kar-wai, Ho Cheuk-tin, Nick Cheuk, Tsui Hark, Ann Hui and Stanley Kwan; while the latter highlights original novels by writers like Yi Shu, Lilian Lee, Jin Yong, Ni Kuang and Eileen Chang, along with selected clips, posters, e-books and theme songs from respective film adaptations.

World of Art & Culture opens door to different cultures

To guide readers in exploring the world through Hong Kong, the Book Fair has set up the World of Art & Culture, promoting cultural exchange through displaying exhibits from across the globe.  In addition to creations from Mainland China, Hong Kong and Taiwan, the zone will also feature film and television literature from Argentina, Colombia, the Czech Republic, France, Indonesia, Korea, Mexico, Peru, the Philippines, Spain and Switzerland, Vietnam and more. Echoing this year’s fair theme, the World of Art & Culture features an AI-powered interactive installation. Visitors can select keywords to recompose iconic scenes from global films and TV shows, including In the Mood for Love, Infernal Affairs, Kung Fu Hustle, Blade Runner and Spirited Away. Additionally, an interactive map will display filming locations and behind-the-scenes details.

As the East-meets-West centre, Hong Kong is well positioned to promote international cultural exchange, particularly relating to traditional Chinese culture. This year, the Book Fair will feature a Mainland China Publishers Zone with Beijing as the thematic city, demonstrating the cultural allure of the nation’s capital. The Book Fair will also host an IP Roundtable for the first time on the second day (18 July), inviting representatives from the international publishing and copyright industries to discuss the challenges and opportunities that AI is bringing to IP and copyright commercialisation.

Eight Seminar Series invites literary giants to host seminars

The Book Fair will continue to feature the Eight Seminar Series, with authors invited to share and exchange ideas on topics including Theme of the Year, Renowned Writers, English and International Reading, World of Knowledge, Children and Youth Reading, Hong Kong Cultural and Historical, Lifestyle and Personal Development and Spiritual Growth. One seminar has invited Yuyi, the author of the original novel City of Darkness, which was adapted into the hit movie “Twilight of the Warriors: Walled In”, to share his creative journey and the process of adapting the story into comics and a film, as well as the challenges he encountered along the way.

The Renowned Writers Seminar Series, co-organised with Ming Pao and Yazhou Zhoukan, will invite heavyweight Chinese-language writers from Mainland China, Hong Kong and Taiwan to speak at the fair. The lineup includes Su Tong, a pioneer of Chinese avant-garde fiction; Jin Yucheng, who won the Lu Xun Literary Award for his novel Blossoms Shanghai; and Ban Yu, one of the three trailblazers of the Dongbei renaissance.

This year, the English and International Reading Seminar Series fully reflects Hong Kong’s internationality. The global authors sharing at the event include British scholar Christopher Cowell, who explores the relationship between architecture and urban cultural history; renowned Czech illustrator and animation director Galina Miklínová; Korean writer Mirinae Lee, who has been shortlisted for a women’s fiction award and more; and Thai author Narisapongse Rakwattananont, recipient of the Southeast Asian Literature Award. Speakers at other seminars include business management expert, writer and poet Feng Tang; aerospace expert Lui Kin-Chuen; and local lyricist scholar Chu Yiu-wai. The Story Sharing by Celebrities session will feature singer Serrini, CUHK Medical School Associate Dean Dr Teoh Yuen-chun, renowned pianist Lee Ka-ling, and Ngong Ping 360 Managing Director Tung Pui-chuen. For more details on the seminars and the lineup of speakers, please visit:

https://hkbookfair.hktdc.com/en/Events/Event-Schedule.html

Sports and Leisure Expo gets into the Olympic spirit

The Sports and Leisure Expo will highlight a mosaic wall set up by the Hong Kong Sports Institute (Booth 5C-C02) where visitors can become part of the photo wall to show their support for Hong Kong athletes preparing for the Paris Olympics. There will also be sharing sessions by renowned athletes, featuring the captain of the Hong Kong Men’s Dodgeball Team, Luen Tsz-yu; Hong Kong Men’s Rugby Sevens representative Yiu Kam-shing; and former Hong Kong Karatedo and Athletics representative Tong Cheuk-pan, among others. The athletes will share their experiences and journeys as sportsmen, inspiring visitors with their stories of dedication and achievement.

The Sports and Leisure Expo will also present a diverse array of health-promoting and entertaining sports and leisure products and experiences, enabling visitors of all ages to enjoy the fun of sports. The Hong Kong Playground Association (Booth 5C-D02) is again displaying its always-popular mobile rope nets along with a new parent-child zipline experience in the Sports Hub zone. Under the guidance of instructors, participants can navigate through various obstacles and a 15-metre-long zipline to enjoy an exhilarating ride.

The perennially popular Japan Pavilion will expand further this year to reach its largest scale since the pandemic. The Japan National Tourism Organization (JNTO) (Booth 5B-D02) will team up with 18 Japanese prefectures to showcase the rich traditional culture of Japan, with Hokkaido Prefecture (Booth 5B-E02) introducing its latest travel information, setting up virtual reality experiences and photo spots. The Ainu Indigenous Culture Experience zone will also showcase the Upopoy National Ainu Museum and Park. The World Expo 2025 Osaka, Kansai (Booth 5B-E11) will also participate, introducing the expo theme, Designing Future Society for Our Lives, to visitors.

A feast for the tastebuds at World of Snacks

This year’s World of Snacks has brought together more than 1,200 different snacks, divided into six zones, Travel Delights, Chocolate and Sweet Factory, Oldie Snacks, Yummy & Healthy, Party Time and Snack Bar, presenting a variety of classic flavours, healthy options and taste sensations from around the world. Making its debut at the event, Nestlé (Booth 5B-B02)  will launch new ice cream flavours and offer special promotions, including a buy-one-get-one-free offer on ice cream cups or scoops, redeemable with any purchase receipt from the Book Fair or the Sports and Leisure Expo.

Cultural July connects different sectors to promote city-wide love of literature

In addition to the Book Fair, the HKTDC has actively collaborated with various partners, including the Leisure and Cultural Services Department, publishers and educational, cultural and arts institutions, to organise a series of Cultural July activities. From 24 June to 31 July, Cultural July will feature a diverse range of events, including author sharing sessions, storytelling theatre, film-related activities, exhibitions, handicraft workshops and cultural sharing sessions, all aimed at fostering a city-wide love of reading.

Tickets for the Hong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of Snacks can be purchased through e-payment sponsor BoC Pay, other ticketing partners including Alipay HK, Alipay, 01 Space and Octopus, or at convenience stores around Hong Kong. A single ticket will grant access to all three events. Tickets will be available for sale on different platforms starting from tomorrow (26 June). This year, the adult ticket price remains at HK$30. Those who enter the venue through the admission gates before 12pm and pay with their Octopus card will enjoy a discounted entry fee of HK$10.

Hong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of Snacks

Date

17-23 July 2024 (Wednesday to Tuesday)

Opening hours

Hong Kong Book Fair

17-22 July – 10am to 10pm

23 July – 9am to 5pm

Hong Kong Sports and Leisure Expo and World of Snacks

17-18 July – 10am to 9pm

19-20 July – 10am to 10pm

21-22 July – 10am to 9pm

23 July – 9am to 5pm

Venue

Hong Kong Convention and Exhibition Centre

Admission

Adult: HK$30

Child: HK$10 (for primary school students/children under 1.2m tall)

*Children aged 3 and under and adults aged 65 and over will be admitted free of charge.

Tickets

E-tickets will be available for sale via the e-payment sponsor, the BoC Pay; and other ticketing partners, Alipay HK, Alipay, 01 Space andOctopus.

Tickets will be available for sale at all 7-Eleven and Circle K stores and most of the ticketing platforms from 26 June.

Concessionary tickets

Morning admission tickets (entry before noon, same price for adults and children): HK$10 (pay directly by Octopus for admission at the hall entrances only)

Special re-entry promotion: Visitors who purchase a regular adult ticket (HK$30) or child ticket (HK$10) dated 17 or 18 July can enjoy free admission once in each of the following time slots by presenting the whole stub attached to the admission ticket or re-entry coupon distributed onsite:

1) 19-21 July (Friday to Sunday) after 7pm

2) 22 July (Monday) after 7pm

Note: this offer is not applicable to other types of admission tickets (including morning admission tickets, concessionary tickets, VIP tickets and complimentary tickets)

Super Pass: HK$88

Passholders have unlimited entry to the Book Fair and can use the special access channel to minimise queuing time.

Hong Kong Book Fair website and mobile app

www.hkbookfair.com

hkbookfair.hktdc.com/HKBookfairApp.html

(Check out the details of the book fair and register for the seminar)

Hong Kong Sports and Leisure Expo website

https://www.hktdc.com/event/hksportsleisureexpo/en

 

World of Snacks website

https://www.hktdc.com/event/worldofsnacks/en

 

  

Photo download: https://bit.ly/3zaNp7m

Sophia Chong, Deputy Executive Director of the HKTDC, said: “The theme voted by the Hong Kong Book Fair Cultural Events Advisory Panel for this year is Film and Television Literature, with the tagline Reading the World: Storytelling from Page to Screen. Our aim is to leverage this popular theme to encourage more locals and tourists, allowing them to discover the joys of reading and appreciate the charm of Hong Kong’s literary, film and television works.”

Attending the press conference to kick off the 2024 Book Fair are (from left): Edmund Chan, Director of the Hong Kong Publishing Federation; Yau Lop-poon, Editor-in-Chief of Yazhou Zhoukan; Sophia Chong, Deputy Executive Director of the HKTDC; Elvin Lee, Chairman of the Hong Kong Publishing Federation; Alan Cheung, Curator of the World of Art & Culture; and Wong Kwok-shiu, veteran film critic and director.

In addition to the featured writers‘ exhibition, the Art Gallery also has two other exhibition areas, namely Featured Directors and Classic Literary Adaptations, allowing visitors to explore the interplay between the written word and movies, and delve deeper into the world of film and television literature.

The Sports and Leisure Expo will feature a tai chi robot that simulates a tai chi master’s moves.

This year, the World of Snacks will feature more than 1,200 different snacks and new ice cream flavours will be launched.

Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.

Hong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of Snacks
Yuan Tung Financial Relations:
Anson Wong, Tel: (852) 3428 3413, Email: awong@yuantung.com.hk
Agnes Yiu, Tel: (852) 3428 5690, Email: ayiu@yuantung.com.hk
Tiffany Leung, Tel: (852) 3428 2361, Email: tleung@yuantung.com.hk

HKTDC’s Communications & Public Affairs Department:
Hong Kong Book Fair
Snowy Chan, Tel: (852) 2584 4525, Email: snowy.sn.chan@hktdc.org
Sunny Ng, Tel: (852) 2584 4357, Email: sunny.sl.ng@hktdc.org

Hong Kong Sports and Leisure Expo, World of Snacks
Jane Cheung, Tel: (852) 2584 4137, Email: jane.mh.cheung@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com   

About HKTDC

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



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Painting a Picture of India’s Retail Renaissance

Delhi, India, June 25, 2024 – (ACN Newswire) – India’s retail landscape is undergoing a massive transformation, and the world’s fifth largest global economy is one that is growing to be too irresistible to ignore. A slew of factors are driving this growth, such as socio-economic factors, evolving consumer behaviour, and the advent of digital innovations.

With India’s retail market contributing around 10% of the total national GDP and employing approx. 8% of the total workforce, India’s retail opportunity is too large to ignore. Surging incomes and aspirations have seen Tier 2 and 3 cities demonstrate robust growth across digital and brick and mortar stores, fueling the India growth story. With this transformation set to play out over the years, there is much more in store where this came from, with a recent study suggesting that India’s retail market will reach a value of USD 2 trillion by 2032.

It’s not all clear skies though, with multiple headwinds in the offing. It is only by having a more clear and in-depth understanding of the myriad factors impacting the industry that an action plan can be formed, and the inaugural edition of Team Marksmen’s Retail and E-commerce Conclave 2024, which took place on 20th June 2024 at The Hyatt Regency, New Delhi, brought together industry experts, diverse stakeholders, and seasoned practitioners to map out a vivid depiction of key action points that need to be aced in order to chart a high-growth trajectory.

With an array of international and indigenous brands joining the fray, the Indian consumer has arguably never had it better when it comes to the sheer range of products or channels on offer. Be it in stores or in the digital space, India is experiencing something of a retail renaissance that is hard to ignore, and everyone is following this growth story closely.

This conclave which was brought to life by its Knowledge Partner, PwC India covered a wide range of strategically significant topics, including the diverse factors shaping the trajectory of a $2 trillion retail economy, strategies for fostering customer loyalty and retention amidst fierce retail competition, case studies on AI’s impact on the future of e-commerce, enhancing shopping experiences through personalized approaches, catalyzing a retail revolution among Tier 2 and 3 consumers, and more. Dr. Bejoy John, Director at DPIIT, Ministry of Commerce and Industry, Government of India, graced the inaugural edition as the Chief Guest. The keynote address was delivered by Ashish Mullick, Category Head for Health & Wellness and Automotives at Open Network For Digital Commerce (ONDC), along with Dr. Pankaj Dikshit, CTO and Executive Vice President of Government e Marketplace (GeM). Esteemed leaders who shared their insights included Shamik Banerjee, CMO of Apollo 24/7; Vaibbhav Arora, Vice President of Retail at Bikaji Foods; Anil Menon, CIO of Lulu Group; Madhur Acharya, Vice President of E-commerce at Lenskart.com; and Mansi Khattar, Head of eCommerce at Nestlé.

Speaking on the sidelines of the event, Sharad Gupta, Co-founder, Team Marksmen Network, said, “The rapid ascension of India’s retail sector is a cornerstone of our nation’s economic renaissance. As we transition from an agrarian and production-centric economy to a robust consumer market, retail stands at the forefront of this transformation. The industry not only contributes significantly to the GDP but also serves as the country’s largest job creator, with projections of 25 million new positions by 2030.

The retail landscape is evolving dramatically, with organized chains expanding into tier 2 and 3 cities, and a harmonious blend of international and homegrown brands enriching consumer choices. This expansion is symbiotic with India’s broader economic goals, driving urbanization, increasing disposable incomes, and fostering a culture of aspiration and consumption, and we explored these themes and much more at the inaugural edition of the Retail and E-commerce Conclave 2024 as we charted out the role of retail and e-commerce sector in driving India’s journey to becoming a global economic powerhouse.”

We extend our heartfelt gratitude to our supporting association partners, ABWCI and RASCI, for their invaluable support. A special thanks also goes out to our media partners – Business Standard, Startup Story, The Retail Jeweller India, and Fashion Value Chain – for their continued collaboration and dedication to amplifying our message.

About Team Marksmen

Through an array of bespoke industry-centric knowledge platforms, using a variety of formats, such as Roundtables, Summits & Conferences, Workshops, and Recognition Ceremonies, Team Marksmen helps senior industry decision makers navigate through issues of critical importance and informs their worldview for better decision-making.

Team Marksmen has successfully executed more than 30 events with 400+ domestic and international B2B and B2C brands, helping businesses across industries create opportunities to engage audiences through on ground and virtual experiences.

The organisation empowers industry leaders by providing them with insights, ideas, and opportunities that fits their unique industry and context. Through content shared via its flagship website, Marksmen Daily, and print magazine ‘in Focus’ focused on business, leadership, and lifestyle, they help advance the practice of management. Meanwhile, through strategic initiatives like Marksmen Media, it helps organisations achieve their objectives through a plethora of bespoke digital and content strategies

To know more about this unique initiative, write to us at contact@teammarksmen.com.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

[Media Alert] Are You ‘Man’ Enough to Embrace Your Inner Health?

SINGAPORE, June 25, 2024 – (ACN Newswire) – Today, an increasing number of men are prioritising their health and well-being, a shift significantly accelerated by the onset of the COVID-19 pandemic. This change in mindset has led to a burgeoning interest among men in various aspects of health, from physical fitness and mental well-being to nutritional supplementation, skin and beauty care and preventative care.

The impact of this shift is evident in the market dynamics with the global men’s health supplement market, which was valued at $67.49 billion in 2022  projected to grow substantially, reaching an estimated $109.25 billion by 2027. This growth is largely driven by several factors, including heightened awareness of health issues, the proliferation of health information accessible through digital platforms, and a cultural shift towards self-care and longevity among men.

Moreover, the rise of personalised health regimes and the availability of targeted health supplements specifically designed for men are playing a crucial role in this market expansion. Men are increasingly seeking products that address specific health concerns such as cardiovascular health, prostate health, muscle growth, and mental clarity.

To commemorate International Men’s Health Week from June 10 to 16, LAC (pronounced L-A-C) is dedicated to highlighting the importance of men’s health. During this week, we aim to provide valuable tips and advice on how men can enhance their overall well-being and embrace their inner health.

An apple a day is not enough to keep the doctors away

Men are nearly three times more likely than women to consume fast food on a daily basis. Despite this, many men lead active lifestyles, frequently hitting the gym or engaging in physical activities to enhance their health and fitness. Given these dynamics, it is more crucial than ever for men to ensure they consume sufficient nutrients and minerals to support their active lives. Incorporating a multivitamin into their daily routine can help bridge this nutritional gap.

LAC Men’s Mega Multi Active and LAC Men’s Mega Multi 50 Plus offer comprehensive solutions with formulas containing over 40 clinically researched vitamins and minerals. These supplements not only help to enhance overall health, immunity, metabolism, and vitality, but also contribute towards boosting energy levels, promoting faster recovery times, and improving athletic performance. They serve as an ideal all-in-one supplement solution for men with busy lifestyles, ensuring they receive the essential nutrients needed to maintain their health and optimise their physical performance.

Recognise the importance of caring for your prostate and bladder

Your prostate gland plays a crucial role in your reproductive anatomy and sexual health. Regardless of age, all men are at risk of developing prostate problems if proper care is not taken. Neglecting prostate health can lead to negative effects such as urinary issues.

Incorporating supplements that are specifically targeted towards promoting prostate and bladder health such as LAC Men’s ProstAid Formula and LAC Men’s UI Formula can be beneficial towards a healthy prostate and bladder. Formulated with clinically-studied ingredients such as saw palmetto and beta-sitosterol, LAC Men’s ProstAid Formula promotes prostate health and supports proper prostate function and when paired with LAC Men’s UI Formula, which includes key ingredients like copper and lycopene, these supplements work together to protect your prostate, improve testosterone health and enhance overall reproductive vitality.

As men increasingly prioritise their overall health and well-being, it is essential for us to recognise that your inner health deserves as much if not more attention than external factors such as exercises and skincare.

Media Contact: lac@preciouscomms.com 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Systech Signs Collaboration Agreement with EH Integrated Systems to Operate AI Data Centre and Provide Generative AI Digital Solutions

KUALA LUMPUR, June 25, 2024 – (ACN Newswire) – Systech Berhad (“Systech”), a deep-rooted digital corporate solutions provider, is pleased to announce the signing of a Collaboration Agreement (“Agreement”) with EH Integrated Systems Sdn. Bhd. (“EISSB”), a company specialises in the provisioning of industrial-grade servers and storage solutions. This strategic partnership aims to advance the establishment and operation of AI data centres and provide Generative AI digital solutions in Malaysia.

Dato' Derrick Hooi, Executive Director of Systech Berhad; Mr. Sim Chin Yee, Director of EH Integrated System Sdn. Bhd. [L–R]
Dato’ Derrick Hooi, Executive Director of Systech Berhad; Mr. Sim Chin Yee, Director of EH Integrated System Sdn. Bhd. [L–R]
Dato Philip Ng, Executive Director of Systech Berhad; Dato' Derrick Hooi, Executive Director of Systech Berhad; Mr. Sim Chin Yee, Director of EH Integrated System Sdn. Bhd.; Mr. Lee Yong Hou, Business Manager of EH Integrated System Sdn. Bhd. [L–R]
Dato Philip Ng, Executive Director of Systech Berhad; Dato’ Derrick Hooi, Executive Director of Systech Berhad; Mr. Sim Chin Yee, Director of EH Integrated System Sdn. Bhd.; Mr. Lee Yong Hou, Business Manager of EH Integrated System Sdn. Bhd. [L–R]

EISSB, known for its expertise in providing high-performance computing infrastructure and a SuperMicro distributor, is committed to work closely with Systech to integrate innovative technologies and solutions that support efficient and secure high performing AI data centre operations. This collaboration marks a significant milestone towards strengthening Malaysia’s digital transformation and meeting the growing demand for powerful computing power to handle large-scale processing tasks, such as Generative AI digital solutions.

Under this Agreement, Systech will focus in operating AI data centre, hosting and deploying applications and software via the computing power of AI data centre. This includes designing, coding, testing, and maintaining software to ensure compatibility with EISSB’s infrastructure and achieving optimal performance for the Project. Whereas EISSB’s responsibilities include design, implementation and monitoring of the data centre infrastructure, such as storage systems, networking, and cooling systems. Together, Systech and EISSB aims to jointly operate the data centre and provide generative AI computing solutions for the customers.

Executive Director of Systech Berhad, Dato’ Derrick Hooi commented, “This partnership represents a pivotal move in our strategic growth plan. By leveraging our expertise in Internet of Things (“IOT”), Digital Transformation and Automation and Cybersecurity, and with the support of EISSB high-performance AI data center infrastructure, we are poised to deliver superior Artificial Intelligence (“AI”) data centre and AI digital solutions that will enhance our service offerings and drive our expansion into new markets. We look forward to a successful collaboration that will unlock potential of both companies”.

Mr. Sim Chin Yee, Managing Director of EH Integrated Systems, added, “We are thrilled to join forces with Systech in this venture. Our expertise in high-performance computing and custom software development, combined with Systech’s capabilities in system integration and cybersecurity, we will not only meet the increasing demands for data processing and storage but also drive the advancement of Malaysia’s digital ecosystem.

As at 5:00 P.M., 24 June 2024, the share price of Systech Berhad closed at RM0.44, representing a market capitalisation of RM283.6 million.

Systech Berhad [SYTC MK][SYSTECH MK], https



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TripGift Supercharges Global Travel Gifting: World’s First 103-Currency Platform

NEW YORK, June 24, 2024 – (ACN Newswire) – TripGift, the market-leading, multi-currency travel and bucket list experience gift cards and redemption marketplace, breaks new ground today by announcing an unprecedented expansion into 103 currencies, with local currency reach in a staggering 180 countries – a first for any brand or gift card provider. This industry-first achievement solidifies TripGift’s position as the most globally accessible travel and experience gifting and redemption platform, empowering individuals and businesses everywhere to bestow the gift of travel and bucket list dreams. This strategic move caters to the ever-growing demand for outbound, domestic and inbound travel.

TripGift world viewTripGift world view
Travel the world with TripGift travel gift cards and marketplace

The World Travel & Tourism Council (WTTC) is projecting a record-breaking year for Travel & Tourism in 2024, with the sector’s global economic contribution set to reach an all-time high of $11.1 trillion.

“We are thrilled to drive innovation and value in the market with this landmark expansion,” said Cary George, Founder and CEO at TripGift. “Travel transcends borders and is a major motivator of human behaviour, creating meaningful, memorable and stronger connections with loved ones and culture. “Now digitally gifting travel, anywhere to anywhere, has never been easier, especially for businesses.”

TripGift’s expanded currency portfolio encompasses a wider range of regions, including:

  • Asia
  • Middle East
  • Africa
  • Eastern Europe
  • Central Europe

Key Advantages of TripGift’s 103-Currency Security-Minded Platform and Ecosystem:

  • Unparalleled Choice: Gift in the recipient’s local currency for a stress-free, digital self-serve travel booking experience.
  • Global Appeal: Perfect for individuals and businesses seeking a unique personalised gift to surprise and delight.
  • Business Value Creation: for Incentives, Activations, Retention, Rewards and Upgrades.
  • Flexibility and Freedom: Recipients can choose their dream trip or part of a trip on TripGift’s user-friendly platform.
  • Secure Digital Wallet to store balances and all booking transaction details in one place.

About TripGift

TripGift® leads the market in multi-currency, travel anywhere digital gift cards, offering eight hero brand gift cards, including AirlineGiftBucketlistGiftHotelsGifteLearnGiftFlystayGiftRentacarGiftTripGift and ToursGift, and opening doors to over 1.5 million bookable travel experiences in its online marketplace. The platform encompasses major airlines, hotels, and car rentals, as well as extraordinary local and global curated bucket list experiences, VIP sporting events, and cultural and music events. Customers can seamlessly redeem their gift cards exclusively within TripGift’s unique business ecosystem.

TripGift® leads the market with its industry-first, security-minded, 103 transactional currency processor, gift card API and global experiential marketplace for travel anywhere with its retail digital travel gift cards, ideal for local, regional and global travel gifting, travel rewards, loyalty rewards, employee rewards, incentives, wedding gifts, subscription bundles, cash back and prizes.

Contact:
Hayley Rippon
Global Brand Controller
pr@tripgift.com 

Contact Information
Hayley Rippon
Global Brand Controller
pr@tripgift.com

SOURCE: TripGift



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

DEXTools Reinvents DeFi Trading with Launch of Secure Token Creation Platform

NEW YORK, June 24, 2024 – (ACN Newswire) – DEXTools proudly unveils a groundbreaking new feature: the DEXTools Token Creator, the goal of this novel tool is to empowers users to develop their own tokens in a secure and reliable environment, significantly enhancing safety and democratizing access to the DeFi world.

“The DEXTools Token Creator is a game-changer for the DeFi community,” says Javier Palomino, Co-Founder and CEO of DEXTools. “Our goal is to provide a user-friendly and secure platform that makes token creation accessible to everyone, whether you’re a seasoned developer or a beginner.”

The DEXTools Token Creator stands out for its ease of use and customization. Users can create basic or advanced tokens, configuring options such as fees and minting functions. Additionally, the platform offers unparalleled security, backed by audits and trust scores from DEXTools.

Key Benefits:

  • Accessibility: Designed for both beginners and experts, making token creation simple and straightforward.
  • Customization: Allows quick and easy configuration of various options, catering to both simple and complex token needs.
  • Security: A secure environment that minimizes the risk of scams, featuring verified contracts and recommendations for locked liquidity.
  • Compatible Chains: The tool supports token deployment on major blockchains including Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Base, Avalanche, zkSync, and Pulse. DEXTools is also open to exploring new possibilities for other platforms.
  • Costs and Fees: Token creation costs vary by blockchain and include free updates for project logos and social media information on DEXTools.

“Security is our top priority,” adds Frederic Fernandez, Co-Founder and CMO of DEXTools. “With over $20 billion lost to scams in DeFi, our curated smart contracts are designed to protect users and restore trust in the market. This integration is poised to reignite the bull market and bring more participants into the DeFi space.”

Next Steps: After creating a token, users can list it on an exchange and add liquidity directly through the DEXTools platform or their chosen exchange, ensuring a seamless transition from creation to trading.

With the DeFi market growing from $2 billion to nearly $400 billion since DEXTools’ inception, serving the 24 million builders, traders, and users, the introduction of the Token Creator reinforces DEXTools’ dedication to providing secure, accessible, and innovative tools for the DeFi community and those that want to become part of it.

For more information, visit DEXTools Token Creator.

About DEXTools

Since its inception, DEXTools has been a leading name in the DeFi world, offering innovative and reliable trading tools. The introduction of the Token Creator reinforces its commitment to security and accessibility within the DeFi ecosystem. The new creator tool promises to revolutionize token creation, making it accessible to all users and ensuring a secure and reliable environment for their projects. For more information, visit DEXTools Token Creator.

Support and Contact: For more information and support, DEXTools offers assistance via email at info@dextools.io and through their Telegram channel.

Social Links
X: https://x.com/DEXToolsApp
Telegram: https://t.me/DEXToolsCommunity
Medium: https://dextools.medium.com/
Instagram: https://www.instagram.com/dextools.official/
Tiktok: https://www.tiktok.com/@dextools
YouTube: https://www.youtube.com/c/DEXToolsAcademy

Media Contact
DEXTools
DEXTools Communication Department
Website: https://creator.dextools.io

SOURCE: DEXTools



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com