DynaResource, Inc. Announces Executive Leadership Change

IRVING, TEXAS, June 4, 2024 – (ACN Newswire) – DYNR-DynaResource, Inc. (OTCQX:DYNR) (“DynaResource”, or “the Company”) today announced the appointment of Mr. Rohan Hazelton as President and Chief Executive Officer (“CEO”), Interim Chief Financial Officer and Director of the Company, effective immediately. Mr. Hazelton is an experienced mining executive whose career spans multiple decades in executive roles at senior mining companies as well as with junior producers and developers. Mr. K.D. Diepholz will resign as President and CEO and will continue to assume the role of Chairman of the Board of Directors. Mr. Diepholz will assist Mr. Hazelton in assuming the CEO / President roles, and to ensure a smooth transition for the Company.

Mr. Brent Omland, Director of the Company, and Co-CFO of Ocean Partners UK Limited, who is a shareholder of the Company said: “On behalf of the board of directors and shareholders, I would like to thank KD for his exceptional service and dedication to DynaResource. KD has been instrumental in founding and developing DynaResource and leading the Company to the position it has attained today. We are grateful for KD’s leadership in consolidating the ownership of San Jose de Gracia, and for bringing San Jose de Gracia into production and growing the sale of gold concentrate. In addition to applying his considerable finance and industry experience to DynaResource, KD created a strong foundation for the further development of the San Jose de Gracia Project, and he has built an exceptional team with which to advance the operations and expansion activities currently ongoing at San Jose de Gracia.”

Mr. Diepholz stated: “We are delighted to welcome Rohan to his new role as President, CEO, Interim CFO and Director of DynaResource. Rohan’s deep experience in corporate and mine development aligns with our Company goals to build a world-class mining company. Rohan has an impressive track record of advancing mining companies through financing, production and operational expansions and improvements. I am confident his proven skills, along with his entrepreneurial spirit will prove to be instrumental in advancing DynaResource to the next levels as a mid tier mining company.”

Mr. Phil Rose, Director of the Company said, “We would like to thank KD for his commitment to DynaResource. We are grateful for the accomplishments made by the Company under his leadership including bringing San Jose de Gracia into production after a 100-year hiatus. We are excited to continue the expansion of SJG with Rohan and look forward to his guidance and contributions in improving operational and financial performance.”

Mr. Hazelton has over 20 years of leadership experience in the mining industry, with financing and operational expertise, and experience building and expanding mines and leading high-performance teams which are the foundations for world-class companies. Mr. Hazelton has significant operational experience in Mexico. Prior to joining DynaResource, Mr. Hazelton was Chief Executive Officer of NorZinc Ltd, a zinc-lead-silver developer, Chief Financial Officer of both Cerrado Gold (TSXV: CERT) and Ascendant Resources (TSX: ASND), and co-founded KORE Mining (TSXV: KORE), serving as KORE’s CEO. Prior to that, he worked at Goldcorp, and its predecessor Wheaton River Minerals, as one of its earliest employees and held roles of increasing leadership and responsibility throughout the organization including CFO Goldcorp Mexico and VP Strategy.

Mr. Hazelton has served on the Board of Directors of NorZinc, Primero Mining, Terrane Metals and Gryphon Gold as well as several non-profits. He holds the Chartered Professional Accountant designation and graduated from Harvard University with Honors, with a Bachelor of Arts in Applied Math and Economics.

Mr. Hazelton has been granted DSUs, RSUs and Stock Options under the Company’s Equity Incentive Plan of 1.75 million shares at an exercise price equal to $1.75 per share, subject to regulatory and shareholder approvals, if required.

The Company has also accepted the resignation of Ing. Rene Mladosich from the Company’s Board of Directors in order for Rohan Hazelton to be named Director. “We would like to thank Rene for his several years’ of service as a Director of the Company, and for his ongoing leadership provided for the entire operations team,” said KD Diepholz.

About DynaResource

DynaResource is a junior gold mining producer trading on the OTCQX under the symbol “DYNR”. DynaResource is actively mining and expanding the historic San Jose de Gracia gold mining district in Sinaloa, Mexico.

IMPORTANT CAUTIONARY NOTE REGARDING CANADIAN DISCLOSURE STANDARDS

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

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

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

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

For Information on DynaUSA and DynaMéxico, please visit www.dynaresource.com, or contact:Brad J. Saulter, DynaUSA V.P. – Investor Relations: 972-996-7417;General Inquiries: 972-869-9400K.D. Diepholz, DynaUSA – Chairman

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

SOURCE: DynaResource, Inc.

Incumbent Operator, The Entertainment Corporation Limited, Awarded Tender for Hong Kong Observation Wheel

HONG KONG, June 4, 2024 – (ACN Newswire) – The Entertainment Corporation Limited (TECL), the ongoing operator of the Hong Kong Observation Wheel, is delighted to announce that it has been awarded the tender to continue operating this iconic attraction for the next five years. This achievement reflects TECL’s commitment to delivering unique and accessible experiences for both local and international visitors.

Since December 2017, the Hong Kong Observation Wheel has welcomed over 8 million riders under the management of The Entertainment Corporation Limited and with the support of Title Sponsor AIA.

Visitors will be pleased to know the exceptional value of $20 per ride will remain for the duration of this upcoming tenancy.

“It is our privilege to be able to continue our work at the Hong Kong Observation Wheel, an iconic attraction that has become synonymous with the Hong Kong skyline. In collaboration with AIA and various stakeholders of the Central Harbourfront, we aim to enhance the success of the Hong Kong Observation Wheel, promote Harbourfront vibrancy, encourage accessibility and public enjoyment, as well as make green and sustainable enhancements to the venue. We look forward to sharing more about these exciting plans in the coming months and to showcase our vision for this much-loved Hong Kong icon,” said Mr Randy Bloom, Chief Executive Officer of The Entertainment Corporation Limited.

Building upon previous achievements, TECL are honoured to extend their partnership with AIA Group (“AIA”), the leading pan-Asian life and health insurer. AIA is the exclusive Title Sponsor of the Hong Kong Observation Wheel. Through the partnership the ticket price was reduced from HK$100 to HK$20 in 2017, making it more accessible to the public. The creation of AIA Vitality Park and the AIA Vitality Hub has transformed the destination into a vibrant, iconic landmark with multi-dimensional events and experiences.

“We are very delighted to extend our sponsorship of the Hong Kong Observation Wheel which is now synonymous with Hong Kong’s famous harbourfront and skyline. This ongoing partnership furthers our Purpose of helping people live Healthier, Longer, Better Lives. The AIA Vitality Park and Vitality Hub have elevated this iconic location, and we will continue to leverage this platform to engage our communities with unique lifestyle experiences and wellness initiatives,” said Stuart Spencer, Group Chief Marketing Officer of AIA.

Over the past seven years of TECL’s tenure, the Hong Kong Observation Wheel has consistently raised the bar, achieving significant milestones and accomplishments and has also received multiple global and regional awards:

1. Record Breaking Visitor Attendance:

An unprecedented number of visitors have enjoyed the breath-taking views and experiences the Hong Kong Observation Wheel offers. Since 2017, this attraction has welcomed over 8 million riders, with a historic high of 2,284,000 [1]Hong Kong residents and overseas visitors in the past year alone, and an impressive 94% customer satisfaction rate, reflecting its commitment to excellence.

2. Acclaimed Tourist Destination:

The Hong Kong Observation Wheel has recently been recognised as a Top 5 attraction (a rise in the rankings from Number 11 in 2018) in Hong Kong by the Hong Kong Tourism Board, cementing its status as a must-visit destination showcasing Hong Kong on the global stage and providing unforgettable experiences for visitors.

3. Diverse and Engaging Events:

AIA Vitality Park has become a vibrant venue, elevating the Central Harbourfront as an entertainment precinct by hosting a myriad of highly successful events and captivating local and international audiences, demonstrating the versatility of the Hong Kong Observation Wheel location. The venue has hosted everything from the globally acclaimed socially responsible outdoor cinema, ‘The Grounds’, ‘Winter at the Wheel’, Hong Kong Sevens satellite event in collaboration with HKCRU and the Hong Kong Tourism Board, ‘7s in the City’, weekend pop-up markets, and movie press events for highly popular local films such as “The Guilty Conscience” and “Warriors of the Future”. The attraction has also hosted Hong Kong Pop Star, Anson Lo’s birthday celebrations since 2022 and a charitable concert by iconic Hong Kong artist Eason Chan.

4. Community Engagement

Community focused initiatives, including a charitable ticket programme, the community stage in AIA Vitality Park, various events with NGOs and free wellness activities have enriched the lives of many, fostering a strong sense of community and well-being.

The AIA Vitality Hub hosts daily classes including yoga, HIIT, dance, and boxing that have become exceptionally popular. In addition, the AIA Vitality Hub works closely with charities and NGOs to support disadvantaged members of society by offering tailored health and wellness activities and experiences.

Embarking on the next chapter TECL will collaborate closely with stakeholders, including partners and neighbouring attractions, to further develop and enhance the Hong Kong Observation Wheel and Central Harbourfront – a landmark destination where the world is invited to experience the beauty of Hong Kong’s harbourfront. More details about this exciting new phase of the Hong Kong Observation Wheel will be released in the near future.

The AIA Vitality Park has transformed into a year-round event space, hosting a variety of third-party events including music concerts, outdoor cinemas, movie premieres, weekend markets, F&B festivals and charity events.

The AIA Vitality Hub has been a popular addition to the venue. With a full daily schedule of Health and Wellness classes, participants can register online free of charge, with classes ranging from Yoga, HIIT, Dance, Boxing, Kid sports, educational seminars and many more.

About The Entertainment Corporation Limited

The Entertainment Corporation Limited is a Great Entertainment Group Company and the current operator of the Hong Kong Observation Wheel.

Great Entertainment Group Limited is a multi-award-winning event organiser and producer, who connects brands and communities through entertainment. Our expertise is in delivering large-scale, memorable events that generate high-value marketing opportunities for our partners. By sharing the wonder of entertainment through quality production we aim to: Engage. Entertain. Inspire

Since the reopening of the Hong Kong Observation Wheel in partnership with Title Sponsor AIA in 2017, and the addition of AIA Vitality Park, this unique destination on Hong Kong’s iconic Central Harbour front has welcomed over 8 million visitors. It has become one of Hong Kong’s most popular tourist and community destinations and received multiple industry awards recognising the venue as a top destination.

[1] Visitor attendance from April 2023 – March 2024, a record high for a period of 12 months.

Pride for All: Thailand Celebrates and Empowers Equality and Gender Diversity for Pride Month 2024

BANGKOK, June 4, 2024 – (ACN Newswire) – Central Pattana proudly launches ‘Pride for All,’ a nationwide campaign celebrating Pride Month at Central shopping centers. Aligning with recent government policies advocating for diversity and equality, this initiative aims to position Thailand as a top LGBTQ+ friendly destination, potentially hosting World Pride 2030. The campaign is expected to attract half a million people at Central shopping centers nationwide in June, stimulating tourism and the economy.

Highlighted by colorful Pride events nationwide in June:

– City Pride – Central World’s “Rhythm of Pride 2024” kicked off Thailand’s Pride events after a 4-year hiatus. The event, led by Lukkade-Metinee and supported by various organizations, celebrated diversity with over 500 LGBTQIAN+ community members. Highlights included a fashion show parade on the 80-meter Rainbow Runway, featuring Victoria’s Secret, Drag Queens, and the launch of the Crybaby Pride Parade Figure Limited Edition in rainbow design, along with the Special Giant Pride Wings Show featuring the 3.5-meter Crybaby Let Your Colors Pop Giant Figure.

– Bangkok Pride Festival 2024 celebrated the LGBTQIAN+ community’s strength and marriage equality on Rainbow Road. The event featured 5 main processions representing different forms of love, covering over 2.5 kilometers and culminating at Central World. Participants waved a giant flag to celebrate Pride month, with over 200,000 LGBTQIAN+ attendees uniting alongside a 200-meter-long rainbow flag.

– Pride Across the Nation – Celebrations at Pride Landmarks nationwide, including Central Chiang Mai, Samui, Phuket, Hat Yai, Pattaya, Rayong, Korat, Khon Kaen, and more, will be packed with events throughout the month.

– Promotion for All Global Citizens – Central shopping malls are offering special promotions for international customers from June to July 2024. Visitors can receive a Welcome Package worth over 10,000 THB by showing their passport and signing up for The 1 membership. During The Greatest Grand Sale 2024 (June 7 – July 31), customers who spend 5,000 THB can redeem a special Bath & Bloom Travel Set spa product, with Klook customers able to redeem the set with a 4,000 THB purchase. Chinese customers paying with WeChat Pay or AliPay will receive special exchange rates at participating branches.

Central Pattana is hosting Thailand’s Pride Celebration 2024, “Pride For All,” throughout June at Central shopping centers nationwide. This includes Central Phuket, Samui, Pattaya, Marina, Chiang Mai, Chiang Mai Airport, Khon Kaen, and more.

Follow CENTRAL PATTANA updates:
www.centralpattana.co.th/th/shopping/shopping-update/lifestyle-activities

Contact:
CENTRAL PATTANA Public Relations
Tatthep Hatsakanpiamsuk (Aum), +66-81-928-7702, hatatthep@centralpattana.co.th
Ninasreen Matha (Memee), +66-82-426-3914, maninasreen@centralpattana.co.th

Crypto Platform XBO.com Introduces Solutions for Interest Generation

NEW YORK, June 4, 2024 – (ACN Newswire) – Recently, XBO.com, the leading crypto platform has launched their solutions for yield generation.

“Will crypto platforms ever replace traditional financial services?” This question is increasingly appearing in both clickbait articles and serious expert discussions. A few years ago, the answer seemed clear – how could an innovative financial system compete with the centuries-old banking juggernaut? However, with 1.7 billion people lacking access to banking services, blockchain technology offers a solution for moving funds locally and globally. Some crypto ecosystems now provide full-fledged financial transfers and investment services, rivaling traditional banks in convenience and efficiency.

Banking is more than just transferring funds; it also involves deposit operations that yield interest for clients. Recently, leading crypto platforms have ventured into this territory, offering users the ability to earn interest on their crypto holdings.

Yield Generation Brings Crypto Exchanges Closer to Replacing Traditional Banks

While it might seem that interest-earning features are the domain of large cryptocurrency exchanges, up-and-coming platforms are currently leading in terms of annual percentage rate (APR), convenience, and overall earning conditions.

XBO.com, this young yet highly promising crypto exchange platform has recently made waves by combining user-friendliness with high professionalism.

XBO.com has recently introduced the Earn feature. Previously focused on high-quality crypto exchange and spot trading services, the platform expanded its functionality to offer clients effective means for generating passive income. Given the conditions offered by XBO.com, this decision has been spot on.

XBO.com Leading the Interest Earning Race

One of the most notable aspects of XBO.com’s Earn feature is the APR offered – up to 15%. With most established cryptocurrency platforms offering around 10% or less, this high rate sets XBO.com apart.

Additionally, the selection of coins available for earning interest is worth mentioning. As of now, it includes BTC, ETH, USDT, USDC, and SOL. Although this list may seem short, it aligns with XBO.com’s philosophy: simplicity over complexity. By offering a curated selection of the most promising cryptos, the platform provides unique market opportunities for interest earning.

These features, along with perks like daily interest accumulation and flexible interest-earning timeframes (1, 3, or 12 months), make XBO.com stand out from its competitors, catering to even the most demanding clients.

Ensuring Liquidity via Partnership with B2C2

For a young platform, launching a crypto interest project is challenging. Without a reliable partner, success is unlikely. XBO.com found such a partner in B2C2.

B2C2 is renowned as one of the leading providers of liquidity in the cryptocurrency market. The company offers deep liquidity to a wide range of clients, including financial institutions, hedge funds, and other major market participants.

Through its partnership with B2C2, XBO.com leverages this expertise to implement the Earn feature at the highest level. B2C2’s ability to provide liquidity ensures that XBO.com can offer attractive interest rates and timely interest payments, creating a win-win situation. This enhances XBO.com’s service offerings and extends B2C2’s market presence.

One Step Closer to Replacing Banks

Despite the introduction of the Earn product, XBO.com and other crypto platforms are still far from traditional banks in terms of functionality and trust. It will take time to bridge this gap.

However, young and ambitious crypto platforms are undoubtedly bringing that moment closer. While established crypto giants rest on their laurels, platforms like XBO.com – young, passionate, and innovative – drive the industry forward, continuously seeking ways to improve. As long as they exist, the crypto realm will continue to evolve.

Follow Xbo.com’s social media to stay up date in the world of Crypto: https://linktr.ee/social_xbo

Social Links
X: https://x.com/XboOfficial
Telegram: https://t.me/xbocom
LinkedIn: https://www.linkedin.com/company/xbo-com/
Facebook: https://www.facebook.com/xbocom
LinkTree: https://linktr.ee/social_xbo

Media Contact
XBO
Media team
Website: https://www.xbo.com

SOURCE: XBO

Nissin Foods Acquires Korean Snack Manufacturer Gaemi Food

HONG KONG, June 3, 2024 – (ACN Newswire) – Nissin Foods Company Limited (“Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is pleased to announce that the Group, as the purchaser, and the Vendor entered into the Share Purchase Agreement (the “Acquisition”). This agreement relates to the Acquisition of 100% equity interest in Gaemi Food, a manufacturer of crispy roll snacks, which is a top national brand in the domestic crispy roll market in the Republic of Korea (“Korea”).

Nissin Foods Company Limited acquires Korean snack manufacturer Gaemi Food Co. Ltd. (From left to right) Mr. Shinji TATSUTANI, Executive Director and Chief Financial Officer of Nissin Foods; Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods; Mr. Brian Hyunjin YUK, Chief Executive Officer of the Vendor and Gaemi Food; and Mr. Gyeonghoon PARK (Chief Strategic Officer of the Vendor and Gaemi Food, attended the signing ceremony of the Share Purchase Agreement today. — Nissin Foods Company Limited acquires Korean snack manufacturer Gaemi Food Co. Ltd. (On the left) Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, signed the Share Purchase Agreement with Mr. Brian Hyunjin YUK, Chief Executive Officer of the Vendor and Gaemi Food, today.

The consideration for the Acquisition is KRW 48,000 million (equivalent to approximately HK$271.7 million). Upon completion of the Acquisition, Gaemi Food will become a wholly-owned subsidiary of the Group engaged in the business of baked grain crispy rolls in the Korean and overseas markets. The Korean confectionery brand, “Kemy”, will be added to the Group’s portfolio, further enriching its non-noodle business.

Gaemi Food’s revenue was approximately KRW 20,150 million (approximately HK$121.6 million) for the year ended 31 December 2023, being a top national brand in the domestic crispy roll market in Korea. Gaemi Food has a national brand portfolio that includes its flagship “Baked Crispy Roll” product line and other product lines targeting at the high-value market of kids and toddlers’ snacks. Gaemi Food also supplies private brand and original design manufacturer products to many customers. The snack bars market is expected to experience robust growth in the next five years, not only in Korea but also in overseas markets such as China and Southeast Asia. This growth is driven by the continuous increase in consumer demand for convenient food products. The Group believes that this trend will continue and that there will be ample opportunities for expansion of the baked grain crispy rolls market.

The addition of the Korean snack manufacturer Gaemi Food to the Group would provide greater flexibility to deploy the Group’s distribution capabilities in China and Southeast Asia to respond to the increasing market demand and the changing business environment. The addition of the Korean confectionery brand, “Kemy”, to the Group’s non-noodle business portfolio would expand the business by further deepening its understanding of the Korean market with respect and leveraging the sales, logistics and related networks in the Korean market.

Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “The addition of Gaemi Food represents a strategic milestone for Nissin Foods in developing our business in the Korean and overseas markets. While leveraging Nissin Foods’ core competencies in marketing and food technology, the Group is developing a non-noodle business that can create synergies with the instant noodle business. Most importantly, expanding into overseas markets not only diversifies our revenue sources, but also deepens our understanding of local cultures and consumer behaviours. This knowledge allows us to build stronger relationships with local consumers, enabling us to identify and pursue additional opportunities. Going forward, the Group will continue enhancing our market insights, ultimately boosting the Group’s market share and overall profitability.”

For more information, please refer to the Announcement on the Hong Kong Stock Exchange website at: https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0603/2024060301475.pdf

Gaemi Food has a national brand portfolio that includes its flagship “Baked Crispy Roll” product line and other product lines targeting at the high-value market of kids and toddlers’ snacks.

About Nissin Foods Company Limited

Nissin Foods Company Limited (“Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operated business in other Asian regions including Vietnam, Taiwan and Korea markets.

Nissin Foods is a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index – Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk.

Black Spade Capital and UBS Co-hosted Successful Business Reception in Hanoi

HONG KONG, June 3, 2024 – (ACN Newswire) – Black Spade Capital Limited (“Black Spade”), the family office of Mr. Lawrence Ho, hosted a successful business reception with UBS in Hanoi on 31 May 2024 to engage directly with the local business community.

Third from the right, Mr. Dennis Tam, President and CEO of Black Spade and Mr. John Lee, UBS Global Banking Vice Chairman and Co-Head of Asia Country Coverage

The event gathered dozens of business leaders, executives and industry professionals from Vietnam and the rest of the world, notably Madam Thuy Le, Chairwoman of VinFast Auto Ltd. and Mr. Russell Galbut, Chairman of Norwegian Cruise Line Holdings Ltd., which provided an opportunity for Black Spade and participants to meet face-to-face.

Mr. Dennis Tam, President and CEO of Black Spade, said, “We are very pleased to co-host this event with UBS in the vibrant city of Hanoi. Vietnam has attracted global attention in recent years with its rapid economic growth and open market policies. Its strategic location, low labour costs, and government reforms such as streamlined business setup processes and tax incentives make it an ideal investment destination for international companies. Coupled with massive infrastructure investments and a focus on technological innovation, Vietnam is quickly becoming a key economic player in Southeast Asia. We were thrilled with the turnout and engagement at our reception. This event is a valuable opportunity for us to connect and to learn more about the potential of the Vietnamese market first hand. Black Spade looks forward to further deepening ties with Vietnam as well as the South East Asia region.”

About Black Spade Capital Limited

Black Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade’s investment strategy maximizes coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, medical technology, leisure and culture, green energy, real estate to Pre-IPO investments. In August 2023, Black Spade Acquisition Co, a blank check company (SPAC) sponsored by Black Spade, completed a US$23 billion business combination with VinFast Auto Ltd.

Champion REIT Securing New Loan Facilities

HONG KONG, June 3, 2024 – (ACN Newswire) – Champion Real Estate Investment Trust (“Trust”) (stock code: 2778), owner of Three Garden Road and Langham Place, is pleased to announce the successful signing of HK$5.05 billion three-year unsecured loan facility with a group of leading mainland and international financial institutions.

The facility will be used for debt refinancing, with interest margin of 88 basis points over HIBOR. The refinancing received solid support from eight long-standing relationship banks. Together with new loan facilities amounted to HK$1.55 billion secured recently and other committed undrawn facilities, the Trust has already secured sufficient debt facilities to refinance all the outstanding debt due in 2024 and 2025.

Christina Hau, Chief Executive Officer of the REIT Manager, said, “The solid support from the leading financial institutions will empower the Trust to stay resilient, with the refinancing of the largest outstanding loan facility being successfully arranged. The Trust has maintained a low gearing ratio of 22.8% and will continue to adopt a prudent yet flexible financial management strategy to navigate the changing market condition, maintaining its solid financial standing and capital management.”

About Champion REIT (2778)

Champion Real Estate Investment Trust is a trust formed to own and invest in income- producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust was awarded the top five-star rating by the Global Real Estate Sustainability Standard (GRESB) in 2023.

Website: www.championreit.com

[MEDIA ALERT] Fast Food Era – Is This The Demise of A Good Digestive Health?

SINGAPORE, June 3, 2024 – (ACN Newswire) – The fast-paced lifestyle of Singaporeans has led many to turn to fast food as a convenient dining choice. According to a 2018 Nielsen survey, it is revealed that 76% of Singaporeans choose fast food outlets for a speedy meal. In addition, about 55% of Singaporeans prefer to eat out on a weekly basis instead of home-cooked meals. Experts believe that the main appeal of fast food largely stems from the demands of their busy schedules and lifestyle changes apart from its affordability and convenience.

However, the increased consumption of fast food and takeaways has also led to a rise in digestive health issues among the population. In 2022, the global Digestives & Intestinal Remedies market reached US$18.79 billion, and the market is projected to reach a CAGR of around 2% by 2024.

To mark World Digestive Health Day on 29 May, LAC is dedicated to raise awareness of digestive health challenges faced by Singaporeans. Recognising the impact of dietary habits and lifestyle changes on digestive health, LAC offers targeted solutions aimed at supporting and optimising digestive functions, promoting better overall gut health.

With over 25 Billion CFUs of active probiotics and 12 strains of friendly bacteria, LAC Probiotic Complex 25 Billion CFU – Daily Support effectively maintains probiotic levels and boosts a healthy digestive system; promoting a balanced microbiome. In addition, it counterbalances poor dietary choices caused by the overconsumption of fast food.

Digestive issues can arise when the body lacks sufficient enzymes to break down food effectively. LAC’s GastroRX® Digest – Enzymes offers a solution to this problem. This specialised formula contains a blend of enzymes that work together to enhance the digestion and absorption of nutrients from complex foods. This can lead to improved nutrient intake, reduced digestive discomfort, and good overall digestive health.

Saudi Manufacturing Show Returns for its 24th Edition, Showcasing Innovation and Growth in the Region

RIYADH, June 3, 2024 – (ACN Newswire) – In the realm of manufacturing technology, Saudi Arabia is at the forefront of embracing future trends that promise to revolutionize the industry. One compelling example of this progressive mindset is the adoption of additive manufacturing (AM) techniques in the Kingdom’s aerospace sector.

As the aerospace sector increasingly embraces digitalization and sustainability, companies in Saudi Arabia are at the forefront of adopting additive manufacturing technologies to enhance efficiency and drive innovation. By incorporating 3D printing capabilities into aircraft maintenance and manufacturing processes, companies have achieved significant advancements.

Additive manufacturing streamlines supply chain logistics, enables rapid production of complex components, and facilitates precision and customization previously unattainable through traditional manufacturing methods. Moreover, the adoption of AM optimizes material usage and reduces waste, aligning with broader sustainability goals within the aerospace sector and the Kingdom.

Through strategic partnerships with AM technology providers and ongoing investment in research and development, Saudi companies are pushing the boundaries of innovation and setting new standards for manufacturing excellence in the aerospace industry. This demonstrates the transformative potential of additive manufacturing in Saudi Arabia’s aerospace sector, showcasing how future trends in manufacturing technology are shaping the Kingdom’s industrial landscape.

Event Overview: 24th Edition of the Saudi Manufacturing Show:

The 24th Edition of the Saudi Manufacturing Show, co-located with the Digital Transformation Summit, is part of a global series of events which has taken place in more than 10 cities across multiple continents over the past few years. The Saudi Manufacturing Show is a by-invite-only, in-person event exclusively for technology leaders from leading businesses, institutions, and government officials representing Saudi Arabia’s manufacturing sector.

The agenda at the Saudi Manufacturing Show has been meticulously crafted to identify critical approaches needed to make informed business decisions, improve operational efficiency, and drive digital culture forward. The Summit will bring together 300+ C-Level Executives, Directors, and Heads of Technology to discuss the potential of AI, Web 3.0, IoT, Quantum Computing, Cyber Security, and other 4IR technologies, revealing the insights needed to embrace impactful change now.

This event aims to foster an environment where leaders can share knowledge, collaborate on innovative solutions, and accelerate the digital transformation of Saudi Arabia’s manufacturing sector. The synergy between the Saudi Manufacturing Show and the Digital Transformation Summit underscores the commitment to harnessing cutting-edge technology to propel the industry into the future transformative change in the present moment.

The 24th Edition of the Saudi Manufacturing Show, co-located with the Digital Transformation Summit, is proudly supported by the Australian Trade and Investment Commission (Austrade). This esteemed partnership underscores the global significance and reach of the event, highlighting its importance in fostering international collaboration and innovation within the manufacturing sector.

The event will feature distinguished speakers, including:

Anbasa Kandiel, Advisor to HE The Vice Minister, Ministry of Industry and Mineral Resources, Kingdom of Saudi Arabia.
Mohammed A Alshangiti, Procurement Center of Excellence Director, Maaden.
Luay Ayyash, Director of Construction, The Royal Commission for AlUla.
Ahmad Khraishi, Executive Director, Dussur.
Dr. Faisal AlNasser, CIO, Almarai.

Attendees can look forward to an exhilarating lineup of discussion topics:

Charting the Future of Limitless Manufacturing in Saudi Arabia
The Impact of Future Trends and Emerging Technologies on Shaping Tomorrow’s World – How Enhanced Technologies Overcome Limitations and Achieve the Unthinkable
Green Manufacturing and Sustainable Practices: A Catalyst for Achieving Saudi Vision 203
Harmonizing Profitability and Sustainability: A Digital Approach for a Greener Bottom Line

For more information on Saudi Manufacturing Show, please click on the link.

Author: Aayesha Zaheer

For Media Enquiries, contact:
Kasturi Nayak (Sr. Marketing Executive)
Kasturi.nayak@exito-e.com
Enquiry@exito-e.com
Exito Media Concepts

Unlock Massive Portable Power Generator Savings with BLUETTI EOFY Sale

SYDNEY, AU, June 1, 2024 – (ACN Newswire) – The End of Financial Year (EOFY) season is almost here, and it’s the perfect time to score unbeatable deals on your favorite tech gadgets. This year, BLUETTI, a global leader in the clean energy industry, is offering exceptional discounts of up to 37% off on portable power stations, solar generator bundles, and large home batteries from June 1 to June 30. Whether you love outdoor adventures, want to save on energy costs, or need reliable backup power, BLUETTI has you covered.

Stay Prepared and Powered Up with BLUETTI

As temperatures drop, our energy demands rise. Heating systems work overtime, leading to higher electricity bills and increased stress on the power grid. Now is the ideal time to upgrade your energy system with BLUETTI’s dependable and eco-friendly solutions, ensuring you stay warm and your devices remain powered without breaking the bank.

BLUETTI EOFY Sale Top Picks: AC180 and AC200L Power Stations

BLUETTI AC180: Aussies’Go-To for Portable Power
Now $1,099 (was $1499)

The BLUETTI AC180 is one of the top-selling products on BLUETTI’s Australian website, and for good reason. This power station perfectly balances power and portability, delivering 1,800 watts from a lightweight 16kg build. It’s perfect for camping trips or as a reliable backup during blackouts, capable of powering household items like fridges, freezers, TVs, microwaves, induction cooktops, and even hair dryers. Pair the AC180 with BLUETTI’s folding PV200 solar panels for a max 500W solar input, and you can recharge it in about 3 hours, having an endless supply of renewable energy wherever you go.

BLUETTI AC200L: Expandable Capacity for Every Need
Now $2,399 (was $2,799)

Power shortages can ruin outdoor adventures or disrupt work at home. The BLUETTI AC200L portable generator, with its massive 2,048Wh capacity and powerful 2,400W output, ensures you have reliable power for your home, camper, workshop, and beyond. It can run a 150W fridge for up to 11 hours on a single charge and features 10 output ports to power all your needs.

If you demand more power for your off-grid lifestyle or outage protection, expand its capacity with expansion batteries like the B230, B210, or B300. By connecting two B300s, you get an impressive 8,192Wh of power-enough to keep your devices running for days. The classic AC200P also supports capacity expansion with B230 or B300, but at a more affordable cost.

For those preferring an all-in-one setup for home use, the EP500Pro offers 5,120Wh capacity and 3,000W output, with the convenience of mobility thanks to its 4-wheel design.

BLUETTI EP760 Battery System: CEC-Certified Home Energy Solution

Beyond portable power, BLUETTI provides comprehensive home energy solutions like the EP760. Certified by the Clean Energy Council (CEC), the EP760 meets Australia’s stringent safety and technical standards, ensuring you’re investing in a reliable product.

The EP760, paired with several B500 batteries, offers a customizable battery setup for any home. It can intake 9,000W of solar power and store it for use anytime, reducing household energy costs. As electricity prices climb and extreme weather events frequent, having a clean energy storage system can significantly cut your bills and provide peace of mind during outages.

Seize the EOFY Deals with BLUETTI

This EOFY, take advantage of BLUETTI’s incredible up to 37% discount and invest in top-tier clean energy products. Plus, you can get more from BLUETTI! Join BLUETTI’s lucky draw wheel, participate in social media giveaways, or simply subscribe to BLUETTI’s newsletter for generous gifts.

About BLUETTI

Committed to a sustainable future, BLUETTI provides affordable green energy storage solutions for both indoor and outdoor use. Through initiatives like the LAAF (Lighting An African Family) program, BLUETTI has empowered over 100,000 African families in off-grid regions. With a dedication to innovation and addressing customer needs, BLUETTI has established itself as a trusted industry leader across more than 100 countries worldwide.For more information regarding BLUETTI products, please visit our homepage at https://www.bluettipower.com.au/

SOURCE: Bluetti Power Inc.