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SINGAPORE, July 1, 2024 – (ACN Newswire) – The Asia Video Industry Association (AVIA) has made a series of significant changes to its line-up of conferences and seminars for the second half of 2024. Most notably the December OTT Summit will become an ‘advertising first’ event, making this the key video industry conference that examines and understands the evolution of the advertising ecosystem and its impact on broadcasting and streaming.
Korea in View (Seoul, 29 August):
Building on the success of the inaugural 2022 conference, Korea in View returns to explore the impact of Korean content on the Asian video landscape. This time it will be co-located with the annual content market and conference, BCWW, held and organised every year by the Korea Creative Content Agency (KOCCA). BCWW runs from August 27-29 with Korea in View on the 29th at COEX in Seoul.
Vietnam in View (Ho Chi Minh City, 9 October):
With a population of 100 million people, a vibrant video ecosystem and a developing regulatory approach to the industry, Vietnam offers great potential and challenges. Vietnam in View, now happening on October 9, will delve into the latest developments in this highly competitive local video ecosystem and the opportunities and barriers for both international and domestic players.
Japan in View (Tokyo, 29 October):
Due to overwhelming industry interest, Japan in View has been rescheduled to October 29 as a full-day event. AVIA’s inaugural Japan-focused event will spotlight the robust video ecosystem, which, according to Media Partners Asia, generated $32 billion in revenue in 2023.
OTT Summit (Singapore, 5 December):
The OTT Summit 2024 has been designated “Advertising First”, meaning this event will engage with brands, agencies and buyers in a way designed to understand and promote the role premium video plays in today’s advertising landscape. In addition to conference sessions covering the evolution of ad buying from broadcast to streaming, the day will also feature a separate Upfront Showcase track where premium video publishers will present their content and buying opportunities to a room full of media planners, agency executives and advertising brands. Being advertising first, not advertising only, means there will still be room for a look at how OTT has evolved in 2024 from a content and technology point of view.
For more information and registration details, visit AVIA’s event page.
MELBOURNE, June 30, 2024 – (ACN Newswire) – In the ever-evolving landscape of search engine optimization (SEO), one constant remains: the significance of backlinks. Despite recent algorithm updates by major search engines, backlinks continue to play a critical role in determining website rankings.
Recent updates have focused on enhancing the quality and relevance of search results, placing a stronger emphasis on user experience, content quality, and trustworthiness. While some may speculate that these changes could diminish the value of backlinks, industry experts assert that backlinks remain a cornerstone of effective SEO strategies.
Recent algorithm updates have refined how search engines evaluate backlinks, prioritizing quality over quantity. The focus has shifted towards backlinks from authoritative, relevant sources that enhance the user experience. These changes aim to eliminate the influence of spammy, low-quality backlinks that previously could have manipulated rankings. SEJ does a great job at keeping this up to date – https://www.searchenginejournal.com/google-algorithm-history/.
The Power of Country-Specific Backlinks
An emerging trend that has proven particularly effective is the acquisition of backlinks from websites based in the same country as the target audience. Country-specific backlinks are crucial for businesses looking to attract organic traffic from specific regions. These backlinks not only enhance local relevance but also build trust with search engines, indicating that your content is pertinent to users in that region.
The New Era of Link Building
In this new era, link-building strategies must adapt to meet the updated criteria. Businesses and SEO professionals should focus on:
Quality Content: Creating high-quality, engaging content that naturally attracts backlinks.
Relevance: Securing backlinks from websites within the same industry or niche.
Authority: Prioritizing backlinks from reputable, high-authority websites.
Country-Specific Links: Targeting backlinks from local websites to boost regional SEO.
Diverse Link Profiles: Maintaining a diverse and natural link profile to avoid penalties.
Expert Insights
“Backlinks are still a critical component of SEO,” says Callum Sherwood, CEO at Worldwide Backlinks. “The recent algorithm updates emphasize the need for quality over quantity. Securing backlinks from local, reputable sources is particularly effective for businesses aiming to enhance their regional search engine rankings. This strategy aligns with the goal of providing users with the most relevant and high-quality search experience.”
About Worldwide Backlinks
Worldwide Backlinks is a leading outreach backlink building and SEO firm based in Australia. With a commitment to staying at the forefront of SEO best practices, we strive to help businesses navigate the complexities of search engine optimization to achieve sustainable, long-term growth.
HONG KONG, June 29, 2024 – (ACN Newswire) – Dr Lui Che-woo, GBM, Chairman of the K. Wah Group, received the “Lifetime Achievement Award” at the “2023-2024 You Bring Charm to the World Award Ceremony” held for the first time in Hong Kong. The award honours Dr Lui for his exemplary contribution to education and philanthropy, as well as his remarkable achievements as an entrepreneur and a role model for Chinese people worldwide. The event, in its 15th year, was organised by Phoenix Satellite TV in collaboration with numerous Chinese media organisations in the country and from abroad. It featured guests from all walks of life and diverse media, and was broadcast to Chinese audiences around the world.
Dr Lui Che-woo, GBM, Chairman of the K. Wah Group, (right) receives the “Lifetime Achievement Award” from Li Da-hong, chairman and editor-in-chief of Hong Kong Ta Kung Wen Wei Media Group, (left) at the “2023-2024 You Bring Charm to the World Award Ceremony”.
In the presence of the audience and Chinese language media, Dr Lui shared his life experiences and feelings about winning the award, and encouraged Chinese people worldwide to contribute to social progress, the prosperity of the motherland, and world civilisation.
John Lee Ka-chiu, Chief Executive of Hong Kong Special Administrative Region, attends the “2023-2024 You Bring Charm to the World Award Ceremony” and congratulates the winners. (third right) Dr Lui Che-woo, GBM, Chairman of the K. Wah Group, recipient of the “Lifetime Achievement Award”.
In his moving award acceptance speech, Dr Lui Che-woo said, “As a descendant of Chinese ethnicity, I have deep love for my motherland and a strong sense of responsibility for the country’s prosperity and the well-being of my fellow Chinese. K. Wah Group has upheld the principles of benefiting society, being responsible for employees, and being sincere to customers, recognising that its success would not have been possible without teamwork and support from society. I believe in ‘Improving the Nation Through Education’, thus, in the hope of nurturing more talent for the country, I support the country’s education initiatives and my wish is for the younger generation to stay motivated and continue to contribute to the well-being of mankind.”
King of the Quarry and hotel magnate, Dr Lui Che-woo is currently the Chairman of K. Wah Group, as well as its two listed companies K. Wah International Holdings Limited (00173) and Galaxy Entertainment Group Limited (00027). Dr Lui has a humble beginning, growing up in times of war and poverty, which taught him the importance of “self-reliance”, as well as the principle of “With obstacles come changes, with changes come success”. Through persistent effort and tireless work, he amassed his first fortune from a small food business, and which sparked his interest in entrepreneurship.
In 1955, he founded the first K. Wah company, intially focusing on using heavy machinery to build bridges and roads, and took on major land reclamation projects in post-war Hong Kong, helping lay the foundation for the city’s early industrial development. With a keen business sense, Dr Lui has been able to seize opportunities in the fast-changing market to diversify his business, leading K. Wah Group to become a conglomerate with more than 200 subsidiaries and businesses, spanning construction materials, property development and investment, hospitality, entertainment and leisure resorts in Mainland China, Hong Kong, Macau, Southeast Asia and other major cities worldwide. Staying loyal to the principle of “impeccable quality”, he never stopped pushing for innovation, striving to reflect K. Wah’s quality and uniqueness in every project. His efforts have helped build “K. Wah” into a premium brand that warrants the trust and support of customers.
Living the philanthropic spirit of giving back to society, Dr Lui, while affording outstanding achievements in business, is also enthusiastic about supporting education and charitable causes. His own experience of being forced to drop out of school as a child due to war has only strengthened his belief in the importance of education to humanity and that “education is the beacon in one’s life journey”, which explains his devotion to promoting educational development in the country over the years. When China began her economic reform, Dr Lui funded the building of Wuyi University in his hometown Jiangmen, helping to provide the university a solid foundation to stand on and develop. Also, to promote and enhance elementary education in the country in earlier years, he sponsored the construction and renovation of 122 primary and secondary schools in seven provinces.
In recent years, with the development of elementary education maturing in China, Dr Lui has focused on funding the development of tertiary education , especially scientific and innovative research efforts. He has made donations to universities in Hong Kong, Macau and Mainland China, including the Life Sciences Research Building of Peking University, the China Europe International Business School, Fudan University in Shanghai, the K. Wah Big Data Center of Shanghai Jiao Tong University, the “Lui Che Woo Science Park” of Shanghai Jiao Tong University, the Hengqin Campus of University of Macau, the Dr Lui Che-woo Law Library at The University of Hong Kong, the Faculty of Medicine and Lui Che Woo Clinical Science Building of the Chinese University of Hong Kong, the School of Hotel and Tourism Management of the Hong Kong Polytechnic University, and the Stanford University Medical Centre. Scholarship schemes for Chinese students have also been set up at a number of renowned overseas educational institutions to support outstanding students in pursuing study and exchange programmes abroad. A HK$1.3 billion GEG Charitable Foundation has been established to help young people build positive moral and life values, and foster their patriotism and ethnic identity.
In addition, in 2015, Dr Lui set up the “LUI Che Woo Prize – Prize for World Civilisation” with “lasting serenity and shared harmony” as the credo. The Prize aims to reward individuals or organisations for their outstanding contribution to promoting sustainable development of global resources, betterment of the welfare of mankind and positive life attitude and positive energy. It also advocates friendship and kindness, harmony, and inclusiveness, encouraging the pursuit of inner peace and harmony, as well as sharing of the world’s resources without regard to racial or interpersonal differences. The setting up of the award reflects not only Dr Lui’s deep care for the progress of civilisation of mankind, but also his international perspective and sense of social responsibility as a Chinese entrepreneur.
To recognise Dr Lui’s great contribution to charity, in 1995, the Purple Mountain Observatory of the Chinese Academy of Sciences named the asteroid numbered 5538 it discovered as the “Lui Che Woo Star”, to let the name of the extraordinary Chinese entrepreneur shine with the stars and him serve as a role model to posterity. In 2012, Dr Lui was awarded the Grand Bauhinia Medal (GBM), the highest award under the Hong Kong SAR Honours and Awards System, recognising his long-term participation in social and charitable services, and his significant contribution to education, medical, culture and art, and disaster relief. Dr Lui’s business success and philanthropic work will continue to inspire future generations to make greater efforts to foster social progress, prosperity of their motherland and world civilisation.
At the ceremony, Dr Lui said the light of “Lui Che Woo Star” is just like good deeds. He called on fellow Chinese worldwide and future generations wherever they are and in their own areas of expertise to work hard for the country. He said, “It’s a great privilege for me that an asteroid is named ‘Lui Che Woo Star’. While it may not shine that brightly on its own, together with other stars, it can illuminate the night sky and ignite the fire of hope. I hope good deeds will be passed on, helping to plant and spread the seeds of benevolence around the world. This grand ceremony provides the opportunity for me to sincerely urge my fellow Chinese worldwide to work together and move forward hand-in-hand, lighting up the world with love, and contributing more wisdom and strength to the prosperity of our motherland.”
For more information about Dr Lui Che-woo’s career, please visit:
“You Bring Charm to the World Award Ceremony” is an annual event championed by the Phoenix Satellite TV Group. It has been held for 15 years since 2007. Focusing on Chinese communities with global influence, it pays tribute to Chinese who have made outstanding achievements in different areas including scientific research, public affairs, sports competitions, culture and art. By bringing under the spotlight the glorious achievements of by Chinese people, the event has become an important brand activity for effectively gathering Chinese strengths and communicating them to the international audience, winning for it widespread praises from all in society and Chinese all over the world. In the more than a decade past, it has honoured about 150 outstanding Chinese elites in various fields, including Qian Xue-sen, Tu You-you, Louis Cha Leung-yung, Yang Chen-ning, Yuan Long-ping, Lee Ang, Zhang Yi-mou and Yao Ming, letting them receive the applause from their Chinese fellowmen worldwide.
About K. Wah Group
K. Wah Group was founded in 1955 by Dr Lui Che-woo, who transformed the company into a multinational corporation. Core businesses include property development and investment, entertainment and leisure resorts, hospitality and construction materials. The Group has a business presence in Mainland China, Hong Kong, Macau, Southeast Asia and major cities in the US. The Group includes two Hong Kong-listed flagships: K. Wah International Holdings Limited (“KWIH”; HK stock code: 00173) and Galaxy Entertainment Group Limited (“GEG”; HK stock code: 00027 and a member of the Hang Seng Index) and over 200 subsidiaries, includes Stanford Hotels International and K. Wah Construction Materials Limited.
Media Enquiries: K. Wah Group Helen Cheung, Tel (852) 2960 3739, Email helencheung@kwah.com Andy Hung, Tel (852) 2880 1869, Email andyhung@kwah.com Fax (852) 2811 9710
MUMBAI, INDIA, June 29, 2024 – (ACN Newswire) –Toonsutra, India’s homegrown webtoon comic app, announced today that in just a few months it has firmly established itself as the #1 comic app in India in app stores, a position it has maintained for over two months with over a million downloads of the app already.
Toonsutra Screenshot – Toonsutra screenshot from the app
Toonsutra’s mission is to bring together a community of passionate fandom and pop-culture, catering to the largest youth market in the world – India’s 700 million+ mobile youth market. It is the only premium webtoon comics app in the region dedicated to catering to Indian audiences with Hindi, Tamil and Telegu language content offerings.
The Company has already locked up partnership deals with some of the biggest global publishers and creators to bring over 550+ titles and 250,000 episodes of content into local Indian languages – the largest offering of premium, high-quality, webtoon comic content ever assembled for this market, in easy-to-read vertical scroll format optimized for mobile.
As the excitement for the global webtoon market continues to grow with the US$2.7 Billion IPO yesterday by Naver’s Webtoon Entertainment, the medium and fandom around these new storytelling comic platforms is finding new audiences and territories. The global webtoon market is projected to reach a staggering $60 Billion by 2030, making it one of the highest growing new categories for media and content.
Toonsutra is founded by veteran media entrepreneurs Sharad Devarajan, who is the Company’s Executive Chairman, and Vishal Anand, Toonsutra’s CEO.
Devarajanis also the Founder/CEO of leading Indian character entertainment company, Graphic India and brings over 25 years of comic and fandom experience, having created over 200 episodes of animation and 300 comics. He created Spider-Man India with Marvel; created and produced the #1 hit show, Baahubali: Crown of Blood, with SS Rajamouli; created and produced The Legend of Hanuman series with Disney+Hotstar, which remains the #1 animated project in Indian history.
Anandis a serial digital media entrepreneur and was formerly CPO of Dailyhunt, where he was part of the core initial team managing their product and tech teams to scale the business into one of India’s most successful media platforms (currently with over 300M users). Anand was also part of the product leadership team at Amazon Web Services.
“Toonsutra is not just an app, it’s a fandom community and a pop-culture movement. We’re bridging the gap between global storytelling and local audiences, creating a new language of entertainment that resonates with India’s digital-first generation. Our rapid growth shows that Indian audiences are hungry for the highest-quality, premium webtoon comic stories made available in their languages and in easily snackable mobile short episodes,” commented Toonsutra Co-Founder & Chairman, Sharad Devarajan.
“The initial success we are seeing for Toonsutra underscores a fundamental shift in content consumption patterns across the Indian youth. We’re not just riding the wave of digital transformation; we’re actively shaping it by combining cutting-edge technology with compelling storytelling. At Toonsutra we are creating an ecosystem where the biggest global creators and publishers can thrive by reaching entirely new regional language audiences, and Indian readers can discover new worlds with every scroll. Our mission goes beyond entertainment – we’re fostering a new era of creativity, community and creative expression in India,” added Toonsutra Co-Founder & CEO, Vishal Anand.
Toonsutra has become a trusted source by global partners for bring their top content to Indian audiences with the highest quality webtoon formatting and translation, ensuring that Indian languages audiences can experience the very best of the world’s comic storytelling. International partnerships include Valiant Comics, Webtoon Factory, Kenaz, Archie Comics, Boom! Studios, Top Cow Productions, Liquid Comics, and numerous others.
In addition to award winning and bestselling comics from global creators, Toonsutra also has exclusive webtoon comics available based on some of the biggest Indian franchises, including the film sensation, Baahubali; and the hit streaming series, The Legend of Hanuman, and hundreds of Indian episodes from leading Indian comic publisher Graphic India.
Toonsutra is also backed by a leading group of investors including the Sony Innovation Fund; Maiora Capital; Kun Gao (Co-Founder, Crunchyroll); Jeremy Liew (partner, Lightspeed); Kevin Lin (Co-Founder, Twitch); Patrick Lee (Co-Founder, Rotten Tomatoes); Holly Lui (Co-Founder, Kabam); Benjamin Grubbs (Co-Founder, CreatorPlus); Steve Chung (fmr. CEO of Americas, CJENM); and others.
HONG KONG, June 28, 2024 – (ACN Newswire) – Tat Hong Equipment Service Co., Ltd. (“Tat Hong” or the “Company”, together with its subsidiaries, the “Group”) (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its annual results for the year ended 31 March 2024 (“FY2024” or the “Year”).
In FY2024, the Group recorded revenue of RMB682.3 million (FY2023: RMB770.8 million). Loss attributable to equity holders of the Company for the Year amounted to RMB95.6 million (FY2023: net loss of RMB35.8 million). The increase in losses was primarily due to the sluggish economic growth and construction sector recovery following the COVID pandemic, which resulted in a decrease in the average monthly service price for tower cranes per tonne meter (TM) in use, from RMB241 to RMB215. The overall gross profit and gross profit margin decreased to RMB80.8 million and approximately 11.8%, respectively.
The Group’s total TM in use decreased from 3,192,710 for the year ended 31 March 2023 to 3,178,404 for the year ended 31 March 2024. As at 31 March 2024, the Group had 259 projects in progress with a total outstanding contract value of approximately RMB417.7 million and 168 projects on hand with a total expected contract value of approximately RMB690.3 million.
While maintaining its market position in the domestic tower crane service industry, the Group expanded its geographical footprint to the Greater Bay Area to include Hong Kong and Macau, and formed a joint venture in Indonesia. They will primarily serve the present customers of Chinese EPC contractors in the PRC that have expanded overseas. Meanwhile, the business portfolio has been expanded to include construction projects related to clean energy, thermal power and nuclear power. This geographical and business expansion is expected to improve the Group’s financial performance in the coming year.
During the Year, the Group continued to invest in the digitalization of its management platform and in the research and development of new tower crane technical solutions. As of 31 March 2024, the Group possesses 158 registered patents for utility models and inventions related to tower cranes. The robust technical capabilities will continue to enable the Group to procure projects, and the enhancement of its research and development capabilities for tower crane technical solutions will reinforce its excellent service delivery.
Mr. Sean Yau, CEO of Tat Hong Equipment Service Co., Ltd. said, “In addition to the RMB1 trillion of low-cost financing for three major types of infrastructure projects, namely urban village redevelopment, affordable housing projects and ‘dual-use for normal and emergency purposes’ projects, the PRC central government has launched a series of favourable policies and programs to promote economic development. The removal of home purchase restrictions, the reduction in down payments and the decrease in mortgage rates, etc. will improve property market activity. In addition, with the ‘14th Five-Year Plan’, new infrastructure, traditional infrastructure and energy transformation will be a major task of the government, which will facilitate the overall development of the industry.”
Mr. Roland Ng, Chairman of Tat Hong Equipment Service Co., Ltd. added, “Although the property market and the construction industry in the PRC were in a downturn, the Group promptly made adjustments to its development strategies, including expansion into the clean energy construction segment and geographical expansion to the Greater Bay Area and Indonesia, in response to the difficult and rapidly changing business environment. Guided by the core corporate values of ‘Virtue, Safety and Excellence’, we will continue to focus on the research and development of new tower crane technologies to equip ourselves with the most robust technical capabilities to provide excellent services to our clients. We will continue our efforts to optimize our operations and digitalize our management platforms to achieve resource sharing, cost reduction and efficiency enhancement. With all of the above measures, we believe we can fulfil the Group’s goal of becoming the best construction equipment service provider in the industry.”
About Tat Hong Equipment Service Co., Ltd. (Stock Code: 2153)
Tat Hong Equipment Service Co., Ltd. is the first foreign-owned tower crane service provider established in the PRC. Since 2007, the Group has established as a tower crane service provider for one-stop tower crane solution services from consultation, technical design, commissioning, construction to after-sales services primarily to Chinese Special-tier and Tier-1 EPC contractors. Guided by its core values, “Virtue, Safety and Excellence”, the Group has successfully established its market position and maintained stable, reputable and loyal customer base in the construction industry in the PRC.
KUALA LUMPUR, June 28, 2024 – (ACN Newswire) –Kucingko Berhad (“Kucingko” or the “Group”), an established 2D animation production services provider, is pleased to announce the launch of its prospectus for the upcoming initial public offering (“IPO”) on the ACE Market of Bursa Malaysia Securities Berhad.
Mr. See Chin Joo, Executive Director, Kucingko Berhad; Datuk Roslan Hj Tik, Executive Director, Head of Group Investment Banking & Islamic Banking Kenanga Investment Bank Berhad; Mr. Ooi Kok Hong, Executive Director, Kucingko Berhad [L-R]
The IPO aims to raise RM30.0 million through the issuance of 100.0 million new shares at an IPO price of RM0.30 per share. The proceeds from the IPO will be allocated as follows:
RM17.8 million for capacity expansion, including RM11.9 million for the setting up of production branch offices in East Malaysia.
RM4.4 million for setting up sales office in United States of America (“USA”).
RM4.3 million for working capital.
RM3.6 million for listing expenses.
Executive Director of Kucingko Berhad, Mr. See Chin Joo said, “This IPO is a significant milestone for Kucingko. It symbolises our commitment to growth and innovation within the 2D animation industry. By launching our prospectus at the TRX Aurum Theatre, we are proud to be the first company to do so, reflecting our innovative spirit and out-of-the-box thinking. We hope our pioneering spirit will inspire other players in the animation industry to join us in elevating the game and pushing the boundaries of creativity and innovation.”
Executive Director of Kucingko Berhad, Mr. Ooi Kok Hong elaborated, “The funds raised from the IPO will enable us to expand our production capabilities locally and improve our operational efficiency, positioning us strongly to meet the increasing demand for high-quality animation content in Malaysia and beyond. We are enthusiastic about the opportunities this IPO will create for our company and stakeholders.”
Executive Director, Head of Group Investment Banking and Islamic Banking of Kenanga Investment Bank Berhad, Datuk Roslan Hj Tik, added, “Kucingko Berhad is well-positioned to leverage its expertise and strong market presence to achieve significant growth in the coming years. The company’s focus on expanding its production capabilities and enhancing operational efficiency aligns perfectly with current market dynamics. We are proud to support Kucingko in this pivotal journey and are confident in its continued success.”
Kucingko has demonstrated robust growth for the financial years under review, underpinned by its expertise in 2D animation production, which accounted for a significant portion of the company’s revenue over recent years. The Company’s dedication to quality, efficiency, and creativity has established it as a well-established player in 2D animation sector.
The Group’s revenue amounted to HK$1,393.3 million, supported by the pickup in consumption momentum and the contribution from new shops in both Hong Kong and Mainland China.
The Group’s net profit slightly increased by 0.1% to HK$315.8 million, representing a net profit margin at 22.7%. Basic earnings per share were HK25.1 cents. Excluding the one-off government subsidies in the last financial year, the net profit increased by 6.8%.
The Group continues to maintain a strong financial position with bank and cash balance of HK$575.3 million without external bank borrowing.
The Board recommends the payment of a final dividend of HK11.9 cents per share and a special dividend of HK5.4 cents per share. Together with the interim dividend of HK13.2 cents per share and the special dividend of HK1.0 cent per share, the total dividend per share is expected to be HK31.5 cents per share for the full year, representing a total dividend payout ratio of 125.5%.
The Group’s total gross floor area now stands at 304,000 square feet.
HONG KONG, June 28, 2024 – (ACN Newswire) – Perfect Medical Health Management Limited (the “Company”, Stock Code: 1830.HK), one of the largest aesthetic medical operators in the world, together with its subsidiaries (collectively referred to as the “Group”), is pleased to announce its annual results for the year ended 31 March 2024.
For the year under review, the Group delivered a sustainable performance, supported by the pickup in consumption momentum and the contribution from new shops in both Hong Kong and Mainland China. The Group’s revenue increased by 0.3% to HK$1,393.3 million (FY2022/23: HK$1,389.3 million). Profit attributable to equity holders of the Company was HK$315.8 million, increased by 0.1% year-on-year (FY2022/23: HK$315.6 million), representing a net profit margin at 22.7% for the year (FY2022/23: 22.7%). Basic earnings per share were HK25.1 cents (FY2022/23: HK25.3 cents). As of 31 March 2024, the Group’s total gross floor area stands at 304,000 square feet.
Hong Kong Operation
Revenue from Hong Kong operation increased by 4.0% to HK$1,081.4 million (FY2022/23: HK$1,040.1 million), mainly attributable to the increasing customer patrons to the existing and new shops this year. Revenue from Hong Kong operation accounted for 77.6% (FY2022/23: 74.9%) of the Group’s revenue.
As of 31 March 2024, the Group had a well-established network of service centres in Hong Kong covering a total of 196,000 square feet. During the year, to enhance its store coverage and market share, the Group strategically added a total of eleven shops across different core areas in Hong Kong, including two flagship shops and nine residential shops.
The Group expanded its geographical footprint through a co-ordination between flagship and residential shops to add value to its customers and maintain agility in this evolving business landscape. This ecosystem seamlessly connects residential shops with flagship locations, resulting in overall consumption enhancement and new customers intake. The Group continued the residential shop expansion in the second half of the year, significantly bolstering its presence in Hong Kong.
To further diversify its non-aesthetic medical business, the Group forged a co-operation with a renowned Japanese brand, “Goku Spa”, in the Greater China region in January 2024, and launched “Goku Spa” sleeping therapy treatment outlets in Hong Kong during the year.
Regions outside Hong Kong
Revenue from regions outside Hong Kong was HK$311.9 million (FY2022/23: HK$349.2 million), supported by the positive revenue growth in Mainland China while impacted by the difficult environment in both Australia and Singapore. Currently, revenue from the regions outside Hong Kong accounted for 22.4% of the Group’s revenue (FY2022/23: 25.1%).
As of 31 March 2024, the Group has an extensive network of service centres in regions outside Hong Kong covering a total service area of 108,000 square feet.
For the year under review, revenue from Mainland China and Macau increased year-on-year, mainly benefiting from post-pandemic consumption recovery and contributions from new shops. For the year ended 31 March 2024, the Group redeployed a total of four new shops in Shenzhen and Shanghai. The performance of Australia and Singapore has been significantly affected by the persistent inflation pressures and wage increases, which also impacted the Group’s overall financial performance.
Prospects
Dr. Au-Yeung Kong, the executive director, chairman and chief executive officer of Perfect Medical, said that “the macroeconomic situation remains challenging. It is expected that both Hong Kong and Mainland China’s economy will maintain its recovery momentum, supported by the continual improvement in domestic spending and the governments’ stimulus measures.
We will continue to pursue the ‘Dual-Circulation’ strategy via the combination of aesthetic and non-aesthetic medical services, in order to navigate the present headwind and further promote the growth and profitability of Perfect Medical. Additionally, the Group is diversifying into non-aesthetic medical services, and establishing alliances with different international providers — a strategic move set to strengthen our frontier position in Hong Kong.
For the expansion in Mainland China, the Group is selectively expanding its presence in key economic regions like the Greater Bay Area and Eastern China. This measured expansion allows the Group to capitalise on viable opportunities while ensuring sustainable, long-term value creation for the investors and stakeholders. We are dedicated to fostering a sustainable business model that not only meets our economic objectives but also makes a positive impact on society.”
Perfect Medical Health Management Limited is a multinational aesthetic medical corporate and one of the largest aesthetic medical operators in the world established in 2003. The Group focuses primarily on non-invasive aesthetic medical services and medical services in Hong Kong, China, Macau, Australia and Singapore with a total service area spanning approximately 304,000 square feet as of 31 March 2024. Its operation offers a broad spectrum of professional services with assurance of utmost safety and efficacy. The Company has been included as a constituent stock of the MSCI Hong Kong Micro Cap Index, demonstrating the confidence from the capital market and recognising the investment value of the Company.
Vancouver, BC, June 28, 2024 – (ACN Newswire) – Rover Critical Minerals Corp. (TSXV:ROVR)(OTCQB:ROVMF)(FSE:4XO0) (“Rover” or the “Company“) is pleased to announce the appointment of Mr. Thomas Powell to its advisory board.
Thomas Powell
Mr. Powell is a graduate of the University of Louisville graduate with BA in Mathematics and Chemistry. 40 years specialty minerals experience focusing on specialty clays. He holds two patents: (1) IVY BLOCK clay-based poison ivy preventative; and, (2) RHEOPOUR oxidized polyethylene rheological additive for high temperature drilling fluids. From 1987 – 1990 he developed water washed HECTORITE organoclay additive based upon Franklin Wells Hectorite (IMVITONE 38H), including the marketing of truckload quantities to paint & coatings industry and drilling industry. Mr. Powell managed the IMV Nevada specialty clay mining operation in Amargosa Valley from 2006 to 2011 (now owned and operated by Lhoist North America). Mr. Powell was also the Manager of Clay Operations for Western Lithium/Lithium Americas from 2011 to 2019. He is familiar with potential markets for by-products of LITHIUM extraction from clay process. He has been an Amargosa Valley resident since 2006.
Judson Culter, CEO, states “Tom will fill an immediate need for our Community Relations Manager role in Amargosa Valley. He will also bring expertise to our exploration team once we’re ready to commence exploration drilling at our Amargosa lithium clay projects. Through our conversations with Tom, it is clear that any future exploration plans should also focus on the bentonite, hectorite, and colemanite potential of our clay projects in Amargosa. I’m also thrilled that I’ll be able to have Tom at my side as we continue to hold town hall information sessions in the Amargosa Valley.”
Paddy Moylan, President, states: “The work continues! It is great to welcome Tom to the team. Tom has a wealth of experience which will help with our forward plans. I look forward to more news flow hitting the market.”
Rover is a publicly traded junior mining company that trades on the TSXV under symbol ROVR, on the OTCQB under symbol ROVMF, and on the FSE under symbol 4XO. The Company is focussed on the permitting and exploration of the LGL project, a claystone lithium project in the Amargosa Valley of Nevada, USA.
ON BEHALF OF THE BOARD OF DIRECTORS “Judson Culter” Chief Executive Officer and Director
For further information, please contact: Email: info@rovermetals.com Phone: +1 (778) 754-2617
Statement Regarding Forward-Looking Information
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PHILADELPHIA, PA, June 28, 2024 – (ACN Newswire) – CGFNS International, a worldwide leader in international credentials evaluation to support health worker careers, has launched the first-ever global credential for registered nurses working in rehabilitation, habilitation or restorative care.
CGFNS Certified Global Nurse – Rehabilitation
The Certified Global Nurse – Rehabilitation (CGN-R) credential is intended to advance and improve services for the more than two billion people worldwide who need this care. It has been developed specifically for eligible registered nurses worldwide who wish to have their applied experience and competencies in rehab care recognized and verified by passing a certification examination.
The exam was created in collaboration with a global task force of more than 60 rehabilitation nursing experts from 17 countries who contributed their knowledge and guidance to develop a global competency framework for rehabilitation nursing and to create a test blueprint for a competency-based exam. The task force’s framework is aligned with the Rehabilitation Competency Framework established by the World Health Organization.
Accordingly, those who earn the CGN-R credential will be able to show their employers, prospective employers and others that they have been assessed against a global industry standard for rehabilitation care and that their expertise has been benchmarked against other nurses in rehab care worldwide.
Registration for the CGN-R exam will open in July, with testing dates to be scheduled for November. Registered (first-level) nurses with at least two years’ work experience in rehabilitation care are eligible to apply. Further details on eligibility requirements, exam topics and how to apply can be found in the exam handbook, now available at the CGFNS website.
“This will be the first global specialty certification offered anywhere for rehab nursing. It represents a huge shift for our global health workforce, for whom specialty credentials are often out of reach and require migration to the countries that offer them. The CGN-R certification will enable rehabilitation nurses everywhere to demonstrate a validated specialty skillset to their employers, carry the credential with them wherever they want to work in the world, and advance their career opportunities,” said Julia To Dutka, Chief of the CGFNS Global Health Workforce Development Institute, which is leading the initiative to develop this and other global credentials for the rehabilitation workforce.
“Provider certifications enable health systems and hospitals to confidently identify the most well-equipped workforce candidates to meet their burgeoning care needs. At a time when qualified interdisciplinary care teams are critically needed in rehabilitation care, the CGN-R establishes a global standard against which employers can set the bar for provider qualifications within their health systems,” said Terrence Carolan, Managing Director of Medical Rehabilitation and Aging Services of CARF International, an independent, nonprofit organization that accredits more than 66,000 rehabilitation and other health and human service providers on five continents and that has advised CGFNS in developing the CGN-R credential.
Nurses who sit for the initial CGN-R exam in November will receive a discount on exam fees.
CGFNS is also offering an early adopter program for hospitals, health systems or rehabilitation organizations that would like to invest in specialty certification for their rehab nurse workforce. The program includes opportunities to host the CGN-R exam onsite for their rehab nursing teams and earn an early adopter’s badge for organizational recognition.
Information on additional credentials for other health workers in a rehabilitative/habilitative/restorative environment – including physical and occupational therapists, speech-language pathologists and rehab technicians, among others – will be made available in the coming months.
Founded in 1977 and based in Philadelphia, CGFNS International is an immigration-neutral not-for-profit organization proudly serving as the world’s largest credentials evaluation organization for the nursing and allied health professions. CGFNS International is an NGO in Consultative Status with the United Nations Economic and Social Council (ECOSOC) and is a member of the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO).
ZURICH, SWITZERLAND, June 27, 2024 – (ACN Newswire) – Swiss Health & bioBeauty AG, owner of the prestigious beauty and longevity brand NIANCE, is thrilled to announce that Natalia Vodianova, internationally renowned supermodel, philanthropist and investor, has become one of the key shareholders of NIANCE. This strategic partnership starts a new chapter in the brand’s journey towards global prominence.
NIANCE is a Zurich-based luxury skincare and nutritional supplement brand, Switzerland’s best-kept secret in beauty and longevity. Celebrated for its groundbreaking use of proprietary biotechnology, FERNESSE™, this advanced technology enables the release of the full Triple-Biotic power (prebiotics, probiotics, and postbiotics) of its active ingredients, significantly increasing the bioavailability of nutrients. By addressing the root cause of aging through the skin’s microbiome and gut health, NIANCE integrates the finest natural ingredients from the Swiss Alps with cutting-edge Swiss biotech advancements, promoting rejuvenation and anti-aging by activating the body’s own restorative abilities.
Natalia Vodianova’s Connection with NIANCE
Natalia shares her personal journey with NIANCE:
“In early 2021, I was introduced to NIANCE and immediately felt a deep connection with its philosophy and products. NIANCE is different from hundreds of skincare products I have tried before. Being active in modeling, social activities, and traveling, my skin is constantly stressed by makeup, lights and external pollutants. The NIANCE products help me restore a glowing skin and overall health vitality.
“The NIANCE Premium Glacier Facial Cream, with its unapologetically luxurious, highly effective and clean formula, has become a staple in my skincare routine. My skin feels hydrated, firm, glowing and visibly more youthful.
“Equally impressive is the GENR8® Biotic Supplements VITALITY. It boosts my energy levels, supports gut health, and enhances overall well-being.
“I am a strong believer in gut health – a healthy gut leads to a healthy body, as close to 80% of our immunity is located in the gut. That’s why NIANCE always addresses issues of beauty and longevity at the root cause.”
Comments from the CEO
Marnix Ettema, CEO of NIANCE, emphasizes the brand’s core values:
“Our growth is driven by heavy investment in innovation and the quality and efficacy of our products, which have garnered a loyal customer base globally. Despite our low-profile approach and minimal marketing investment, NIANCE is now present in about 30 countries, with an exceptionally high percentage of repeat purchases – a 71% repeat purchase rate online. Our products are favored by high-end health clinics and hotel spas worldwide. This organic growth is a testament to the power of our products.”
NIANCE Product Range
NIANCE offers a range of premium products that address the face, body, mind, and spirit, catering to both men and women of all ethnicities, and skin colors.
![Mr. See Chin Joo, Executive Director, Kucingko Berhad; Datuk Roslan Hj Tik, Executive Director, Head of Group Investment Banking & Islamic Banking Kenanga Investment Bank Berhad; Mr. Ooi Kok Hong, Executive Director, Kucingko Berhad [L-R]](https://photos.acnnewswire.com/20240628.Kucingko1.jpg)
Mr. Ku Chia Loon, Non-Independent Non-Executive Director, Kucingko Berhad; Mr. Puar Chin Jong, Independent Non-Executive Director, Kucingko Berhad; Ms. Quah Bee Fong, Independent Non-Executive Director, Kucingko Berhad; Mr. See Chin Joo, Executive Director, Kucingko Berhad; Datuk Roslan Hj Tik, Executive Director, Head of Group Investment Banking & Islamic Banking Kenanga Investment Bank Berhad; Mr. Ooi Kok Hong, Executive Director, Kucingko Berhad; Mr. Lim Chor Ghee, Independent Non-Executive Chairman, Kucingko Berhad; Ms. Elaine Law Soh Ying, Independent Non-Executive Director, Kucingko Berhad [L-R]
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