Fernando Mezzomo, CEO of Antidote, Announces their Platform Launch with Closed Community X on It

NEW YORK, Nov 23, 2023 – (ACN Newswire) – Today, Antidote founder and CEO Fernando Mezzomo unveiles the closed community “X”, designed to give people equal access to profitable investment tools, and announced the official launch of the Antidote platform.

“X” brought together the best experts who ultimately created a product that has the potential to change the financial market landscape forever:

Leading financial experts;
Artificial Intelligence Engineers;
Developers;
Scientists from HKUST and Cambridge University.

“For years, I have watched wealth concentrate in the hands of an increasingly narrow range of individuals. We created Antidote as an alternative for anyone who wants to achieve financial prosperity but is denied the opportunity,” said Fernando.

The closed community X is organized so that almost anyone, regardless of social status or initial budget, can become a successful investor.

Like the Rotary Club, Antidote presents itself as an exclusive association of like-minded people for whom financial wealth is a tool to help people realize new opportunities.

But unlike the Rotary Club, at Antidote, members get a real money-making tool – a platform for fully autonomous execution of profitable transactions in the financial markets using advanced artificial intelligence.

“I want every community member to have time for family and hobbies instead of boring market monitoring. Our platform will allow you to enjoy life while your money works for you,” says Fernando Mezzomo.

“At the heart of the platform is an artificial intelligence called Antidote AI. Integrated with the world’s leading exchanges and banks, it frees you from the need to analyze charts and monitor trades manually. Developed by leading financial experts and IT specialists, it allows us to generate a 3-5% daily yield on current assets automatically,” Fernando Mezzomo addresses.

They share a portion of this return with their clients. They receive daily payments of 0.9-1.3%, depending on the amount invested. The rest of the funds are reinvested in the platform, namely in its marketing, developing the product, and meeting the needs of its growing community of users, paying affiliates, and covering operating expenses.

Antidote opens up revolutionary investment opportunities and makes them available to millions worldwide (except for the USA). This is a unique opportunity to realize the dream of financial freedom regardless of users’ current social status.

Important Note: Antidote is available worldwide by personal invitation from a current member of the closed community. Access is by invitation only to create a community of like-minded individuals who share the values of the project.

The company is actively building an international community of like-minded individuals who share the values of equal opportunity and social justice. By 2025, Antidote plans to raise over $500 million in investment and obtain a banking license.

About Antidote

Antidote is an online platform created in 2023 to automate arbitrage operations in financial markets. The developer is a closed international community of financial and technical experts. The company’s headquarters and Fernando Mezzomo’s office are in Dubai, a strategic financial hub and an ideal location for Antidote’s global development.

The future of finance is here – it’s time to join Antidote and correct historical social injustices together. Learn more on the official website https://antidt.com

Social Links

Facebook: https://www.facebook.com/antidoteoffcl

X (former Twitter): https://twitter.com/Antidote_Offcl

YouTube: https://www.youtube.com/@Antidote_Official

Telegram: https://t.me/antidote_official

Media contacts

Brand: Antidote

Contact: Media team

Email: media@antidt.com

Website: https://antidt.com

AVAR 2023 in Dubai: Global Cyber Security Leaders Convene to Analyze the Evolving Cyber Threat Landscape

DUBAI, Nov 23, 2023 – (ACN Newswire) – AVAR 2023, the 26th annual cybersecurity conference organized by AVAR, will be hosted in Dubai at the Hotel Grand Hyatt Dubai from November 28 to November 30, 2023. The conference is hosted in the Middle East for the first time and the United Arab Emirates has been chosen as the venue as it is a critical hub of economic activity, digital transformation, and cyber security initiatives, with expected Information and Communications Technology (ICT) expenditure of $23 billion in 2024 and a cyber security market of AED 1.8 billion. H.E Dr. Mohamed Al Kuwaiti, Head of Cyber Security, United Arab Emirates Government, will deliver the inaugural keynote address at the conference.

AVAR 2023 will include CISO Connect with sessions emphasizing CISO insight in addition to cyber threat research presentations, promoting knowledge sharing within and networking among cyber security decision makers and cyber threat researchers.

Commenting on the conference, Mr. Kesavardhanan J, the CEO of AVAR and the Founder & President of K7 Computing, said “AVAR 2023 is hosted at an unprecedented moment in human history, when the world is bracing for the impact of Artificial Intelligence that can seemingly rival the capabilities of humans in many domains, including the creation of cyber threats. Regional hostilities also involve cyberwarfare as a complement to conventional warfare, with nations developing both offensive and defensive cyber assets to ensure victory on digital battlegrounds. This environment presents unique challenges to cyber defenders, which is why AVAR 2023 has chosen ‘Secure Ecosystem: Strategic, Pragmatic, Futuristic’ as the theme around which the greatest minds in cyber security will analyze the cyber defense requirements of today and tomorrow. I look forward to meeting cyber security stakeholders from around the world at Dubai, and am excited at the progress in cyber protection that will materialize due to the collaboration that will arise from the interactions at AVAR 2023.”

His Excellency Dr. Mohammed Hamad Al Kuwaiti, Head of Cybersecurity for the UAE Government, stressed that cybersecurity is an essential pillar for preserving our national achievements and protecting institutions and society against emerging threats.

Dr. Mohammed Al Kuwaiti expressed his happiness at participating in AVAR 2023. He stressed the importance of developing offensive and defensive cybersecurity assets to ensure victory on digital battlefields, noting that the conference, which bears the theme “Secure Ecosystem: Strategic, Pragmatic, Futuristic” includes experts and specialists in the field of security. Cyber security will enable us to develop tailored visions that analyze future cyber defense requirements and achieve cyber security for all.

He stressed the urgency of strengthening international cooperation in the field of cybersecurity, and exchanging experiences and knowledge between countries, to enhance global cybersecurity.

AVAR’s conferences are renowned for the expertise of the speakers and the breadth and depth of knowledge shared. AVAR 2023 will feature 50+ speakers, 42+ presentations, and 3 panel discussions. Conference keynote speakers include Lt. Colonel. Dr. Hamad Khalifa Al Nuaimi, Head of Telecommunication, Infrastructure Dept. ICT Center, Abu Dhabi Police GHQ; and Dr. Ebrahim Al Alkeem, Cybersecurity & AI Expert, Government of Abu Dhabi.

The Middle East is implementing transformative digital initiatives and CISOs are formulating and implementing innovative cyber security strategies to protect business operations. AVAR 2023 will recognize the contributions of exceptional cyber security leaders from the region by presenting awards to CISOs in the Startup, Midsize Organization, and Enterprise categories.

AVAR 2023 is supported by organizations that ensure the safety and stability of the digital world. The conference is sponsored by AV-Comparatives, Cisco Talos, the Cyber Threat Alliance, ReasonLabs, SE Labs, Aramco, Kaspersky, K7 Security, and ThreatBook.

Delegates can register for the conference at https://aavar.org/cybersecurity-conference/index.php/registration/

About AVAR

AVAR (the Association of anti Virus Asia Researchers) was formed in June 1998 with a mission to prevent the spread of malware and the damage caused by it. AVAR aims to do this by developing cooperative relationships among cyber threat experts in Asia. AVAR is an independent and non-profit organization which focuses on the Asia Pacific region and consists of prominent experts from 17 territories including Australia, China, Hong Kong, India, Israel, Japan, Korea, Philippines, Singapore, Taiwan, UK, and the USA.

About the Cyber Security Council

The Cyber Security Council embodies the forward-looking vision of the wise leadership and the UAE proactive approach in dealing with various challenges posed by the accelerating digital technologies through specialized and effective entities which are able to provide digital protection to advanced infrastructure, and ensure business continuity and the regular provision of services in all economic, educational, health and social fields.

The Council is mandated with drafting and proposing legislation, policies and standards to enhance cyber security for all targeted sectors in the country, presenting them to the Council of Ministers for approval and following up their implementation in coordination with the concerned authorities, in addition to preparing, developing and updating the UAE’s national cyber security strategy and an integrated national response plan.

The Council implements a 5-pillar strategy: 1) building capacity, making policies, enhancing governance, building personal capabilities, programs, curricula and universities, and building technical capabilities with strategic partners; 2) utilizing these capabilities to protect and defend; 3) raising awareness and spreading the culture of cybersecurity; 4) responding to cyber incidents; and 5) cooperation at all levels, starting with GCC countries, Arab countries up to all countries of the world, in accordance with the UN resolutions concerning digital security incident response centres and teams.

“BEA x Blue Cross 2023 Hong Kong Open Fencing Championships” set to launch this Weekend

HONG KONG, Nov 23, 2023 – (ACN Newswire) – The “BEA x Blue Cross Insurance 2023 Hong Kong Open Fencing Championships”, the climactic final week of Hong Kong’s fencing competitions, will be held with great fanfare on 25th and 26th November, 2023. Hosted at Hall 11 of AsiaWorld-Expo, the Championships are organised by the Hong Kong Fencing Association (“HKFA”) and co-sponsored by The Bank of East Asia, Limited (“BEA”) and Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”).

BEA and Blue Cross have been actively devoting resources to nurture local athletes and support sports development, particularly through their well-established association with the HKFA, working hand-in-hand to promote the sport of fencing and raise public awareness of local athletes. World-class fencers have been invited to the Championships, and nearly 1,000 elite fencers, including 100 overseas participants from 14 countries and regions, such as China, Australia, New Zealand, Korea, Singapore, Chinese Taipei and more, will gather in Hong Kong to vie for the awards. This year, following the award arrangement from last year, the “BEA x Blue Cross Insurance Best Fencer Awards” will be presented, recognising the top 24 athletes for outstanding performances in the Men’s and Women’s Open categories for Epee, Foil and Sabre. The total prize money available amounts to over HKD$100,000.

This year’s tournament will include Men’s and Women’s Open categories and Master categories for Epee, Foil and Sabre, which will capture the excitement and put on display exquisite fencing skills at their best. Additionally, there will be competitions for boys and girls Under-14 categories in Epee, Foil and Sabre, with the aim of nurturing rising stars and providing opportunities for youngsters to experience world-class competitions and present their talent to the world.

Mr. Yang Wing Sun, President of the HKFA, said, “We are honoured to be able to invite top fencers from around the world to participate in this edition of the Championships, and we believe it will be an intense arena of competitive excellence. We would like to express our gratitude to the BEA, Blue Cross and Hong Kong Government for their unwavering support in promoting the development of fencing in Hong Kong, including their strong support for the Hong Kong Open Fencing Championships. This has provided a platform and necessary resources to allow fencers to gain top-class experience and enhance their skills. For fencers of Hong Kong team, the Hong Kong Open Fencing Championships can be regarded as a warm-up match for next year’s Fencing Grand Prix, in preparation for winning Olympic tickets.”

Mr. Adrian Li, Co-Chief Executive of BEA, said, “Hong Kong’s fencers have captured our imaginations with their exceptional and inspiring performances in recent competitions. In collaboration with Blue Cross and HKFA, BEA is honoured to sponsor another year of the Hong Kong Open Fencing Championships, to further engage our community in this thrilling sport. The Bank supports the development of the Hong Kong sports scene and local athletes, and we eagerly look forward to electrifying performances that will bring the joy of sports to the public.”

Ms. Bonnie Tse, Chief Executive Officer of Blue Cross, stated, “This year marks Blue Cross’s eighth consecutive year as the title sponsor of the ‘Hong Kong Open Fencing Championships’. We have witnessed the rise in interest and awareness of fencing in Hong Kong over the years. We are therefore delighted to join force once again with BEA and the HKFA to provide more opportunities for the public to enjoy high-level competitions, support local athletes and sports development, and contribute to the promotion of sports in the community.”

Live broadcasting of the two-day event for the Championships will be available at the link: https://www.youtube.com/@koovbroadcastinglive9180/streams

For high-res photos, please visit:https://bit.ly/40RyskD

About The Bank of East Asia

Incorporated in 1918, The Bank of East Asia, Limited (“BEA”) is a leading Hong Kong-based financial services group listed on The Stock Exchange of Hong Kong, with total consolidated assets of HK$872.1 billion (US$111.3 billion) as of 30th June, 2023.

BEA provides a comprehensive range of corporate banking, personal banking, wealth management, and investment services to customers through an extensive network of about 130 outlets covering Hong Kong, the Chinese Mainland, Macau, Taiwan, Southeast Asia, the United Kingdom, and the United States. For more information, please visit www.hkbea.com.

About Blue Cross Insurance

Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) is a subsidiary of AIA Group Limited. With over 50 years of operational experience in the insurance industry, Blue Cross provides a comprehensive range of products and services including medical, travel, and general insurance, which cater to the needs of both individual and corporate customers.

Blue Cross distributes its products through various channels, including AIA agency force, online platform, direct sales, BEA network, insurance agents and brokers, as well as travel agencies.

In 2023, Blue Cross is assigned the Financial Strength Rating of A+ / Stable and Issuer Credit Rating: A+ / Stable by S&P. For more information about Blue Cross, please visit www.bluecross.com.hk.

Appendix 1: “BEA x Blue Cross 2023 Hong Kong Open Fencing Championships” Schedule*

Competition Date	Categories	Individual Events	Competition Time
25th November, 2023(Sat)	Open Categories	Men’s Epee	9am – 8pm
		Women’s Foil
		Men’s Sabre
	Master Categories	Men’s Epee	1pm – 4pm
		Men’s Sabre	4pm – 6pm
		Women’s Foil	5pm – 6pm
	Under-14 Categories	Women’s Epee	9am – 8pm
		Men’s Foil
		Women’s Sabre
26th November, 2023(Sun)	Open Categories	Women’s Epee	9am – 8pm
		Men’s Foil
		Women’s Sabre
	Master Categories	Women’s Epee	3pm – 6pm
		Men’s Foil
	Under-14 Categories	Men’s Epee	9am – 8pm
		Women’s Foil
		Men’s Sabre

*Please visit Hong Kong Fencing Association website (www.hkfa.org.hk) for details.

Varia Reports Strong Q2 FY2024 Results, with Revenue up 156% to RM20.47 Million

KUALA LUMPUR, Nov 23, 2023 – (ACN Newswire) – Varia Berhad (“Varia” or the “Group”), an experienced player in the field of construction, property investment, and property development, heralds a new era with a substantial upswing in Q2 FY2024 financial performance and strategic corporate developments. The Group’s transformative steps include the acquisition of Pembinaan Teguh Maju Sdn Bhd (“PTM”) and a dynamic rebranding to Varia Berhad.

Datuk Benson Lau, Managing Director of Varia

In Q2 FY2024, Varia Berhad recorded a substantial increase in revenue and profit. Revenue surged by 156% to RM20.47 million, with a profit before tax (PBT) of RM1.24 million, representing an impressive turnaround from the previous year’s loss in the same quarter. This surge in financial performance is primarily attributed to the construction segment’s success, with notable contributions from the Serendah project, Medical City UPM, and the UDA Penang project.

Over the first six months of FY2024, Varia Berhad achieved a revenue of RM40.42 million and a PBT of RM1.43 million, representing a 124% and 145% increase respectively compared to the corresponding period in the previous year. The construction segment has been the main driver of this significant growth.

Compared to the immediate preceding quarter, the Group saw a revenue increase of 3% and a substantial profit before tax increase of 549%. These figures underscore the consistent and robust performance of the construction segment.

For information, the Group’s EGM on 2 November 2023 had received blessings from the shareholders for the acquisition of PTM, a pivotal development for Varia Berhad. This acquisition, valued at RM380.0 million, introduces PTM’s RM1.16 billion in outstanding orders and potential contracts worth approximately RM1.78 billion into the Group’s portfolio. PTM’s commitment to a profit guarantee of RM120.0 million over the next three financial years further strengthens Varia’s market position.

Datuk Benson Lau, Managing Director of Varia, expressed his enthusiasm: “The outstanding financial results of Q2 FY2024 signal a transformative era for Varia Berhad, one marked by strategic acumen and robust growth. Our successful rebranding, coupled with the pivotal acquisition of PTM, demonstrates not just a milestone but a leap forward in our ambitious growth journey. These developments are a testament to our shareholders’ deep trust and belief in our vision and strategic direction.”

He added, “As we celebrate this remarkable quarter, our focus remains steadfast on capitalising on the synergies brought by PTM, further diversifying and strengthening our construction and property development segments. We are more committed than ever to drive innovation, excellence, and sustainability in our operations, ensuring sustained growth and reinforcing investor confidence. The future for Varia Berhad is bright, and we are excited to embark on this journey with the unwavering support of our shareholders and dedicated team.”

As at 23 November 2023, 5:00 P.M., Varia Berhad’s share price is RM1.04 with a market capitalisation of RM70.0 million.

Synergy House Achieves Record Growth with RM69.2 Million Revenue, Profits after Tax Surge by 30.24% in 3Q FY2023

SHAH ALAM, Malaysia, Nov 23, 2023 – (ACN Newswire) – Synergy House Berhad (“Synergy House” or the “Group”), a cross-border e-commerce seller and furniture exporter of ready-to-assemble (“RTA”) home furniture, today announced outstanding financial results for the third quarter ended 30 September 2023 (“3Q FY2023”).

Executive Director of Synergy House, Mr. Tan Eu Tah

In a remarkable display of growth, the Group reported a robust revenue of RM69.2 million and profit after tax (“PAT”) of RM8.1 million for 3Q FY2023, indicating significant quarter-on-quarter improvements. This exceptional performance for the current quarter is largely attributed to Synergy House’s business-to-consumer (B2C) sector’s improved margins, along with the strong growth in its business-to-business (B2B) operations.

Executive Director of Synergy House, Mr. Teh Yee Luen

The Group’s diverse global reach was highlighted in its regional revenue contributions: the United States of America (“USA”) led with RM30.9 million, underscoring its position as the largest market and a testament to the Group’s impactful B2C strategy. The United Kingdom followed closely with RM27.6 million, while the United Arab Emirates contributed RM8.6 million.

For the 9-month period ending 30 September 2023, the Group reported a total revenue of RM179.4 million and a PAT of RM16.9 million, surpassing the PAT of RM16.6 million recorded in the previous 12-month financial year ended 31 December 2022.

The B2C segment was particularly significant, contributing RM77.1 million for the 9-month period ending 30 September 2023, surpassing the total B2C revenue of RM49.6 million recorded in the previous 12-month financial year financial year ended 31 December 2022. This underscores the success of Synergy House’s targeted focus on and investment in the B2C sector.

Executive Director of Synergy House, Mr. Tan Eu Tah said, “The current quarter’s extraordinary results are a clear indicator of the effectiveness of our strategies, particularly in the B2C segment. Notably, our geographical diversification of our B2C segment to UK started to provide positive outcome with an impressive quarter-on-quarter growth of approximately 95%, with revenue reaching RM2.1 million in the third quarter of FY2023, reinforcing our position as a key player in this significant market. Our focused approach in expanding our online presence and enhancing customer engagement has paid off, leading to remarkable growth in both our B2B and B2C segments. We are thrilled with the progress and are committed to continuing our journey towards becoming a dominant force in the global furniture e-commerce market.”

Executive Director of Synergy House, Mr. Teh Yee Luen said, “We are immensely proud of our team’s efforts in achieving these results. The growth in our B2C segment, especially, represents our commitment to meeting consumer demands and adapting to market trends. Our strategies to enhance online visibility and customer reach, coupled with our focus on design innovation, are essential components of our long-term growth plan. We are confident that these strategies will enable us to further strengthen our market position and achieve sustainable growth.”

Looking forward, Synergy House is poised for continued growth with plans to enhance its B2C segment through various strategic initiatives and expand its product range through continuous design and development efforts, and explore opportunities to reach new audiences by expanding to new e-commerce platforms and entering untapped markets in different countries.

Despite global economic challenges, the Group remains optimistic about its prospects in the global furniture e-commerce market, supported by its competitive pricing and established presence in key markets such as the USA, UK, and Canada.

As at 23 November 2023, the share price of Synergy House is RM0.57, representing a market capitalisation of RM285.0 million.

Daythree Achieves Remarkable Growth, with a Record RM66.3 Million in Revenue

KUALA LUMPUR, Nov 23, 2023 – (ACN Newswire) – Daythree Digital Berhad (“Daythree” or the “Group”), a leading Global Business Services (“GBS”) provider, has announced a robust year-to-date (“YTD”) revenue of RM66.3 million, eclipsing the total revenue of RM65.1 million for FY2022. This impressive performance is anchored by the Energy and Utilities segment, contributing RM28.9 million, or 43.6% of the total revenue, demonstrating Daythree’s resilient revenue growth amidst challenging market conditions.

Managing Director of Daythree, Mr. Raymond Davadass

Daythree reported a gross profit of RM5.0 million in Q3, down from RM6.3 million in the preceding quarter. This is primarily attributed to an increased in people costs associated with the expansion of two new revenue streams of an existing client.

The Group’s profit before taxation (“PBT”) stood at RM1.8 million, a decrease from RM3.6 million in the preceding quarter, primarily due to non-recurring listing expenses of RM1.2 million. Excluding the one-off expenses, the adjusted PBT for the current quarter stood at RM 3.0 million and the year-to-date PBT at RM8.8 million.

Daythree’s commitment to diversification is evident in its further business expansion by securing four new clients, including a leading retailer in the region, along with three new clients in the Automotive & Financial Services sectors, which is poised to enhance the Group’s revenue moving forward.

Managing Director of Daythree, Mr. Raymond Davadass expressed optimism, stating, “Our strong YTD performance despite the challenging climate is a testament to our strategic focus and adaptability. With the addition of new brands and clients, including expansion into the Retail and Travel & Hospitality sector, we are setting the stage for continued growth and diversification. Our recent accolades for Industry Excellence at domestic and regional levels, including awards for Best Use of Automation and Data Analytics, Outstanding Tech Company, and Top Investor in Digital GBS, affirm our dedication to innovation and excellence in global business services.”

Daythree’s listing on the ACE Market of Bursa Malaysia on 26 July 2023 further strengthen the Group’s market position. Looking ahead, Daythree is well-positioned for continued growth within the GBS industry, capitalised by the global economic recovery and Malaysia’s strong economic performance. According to Protege Associates Sdn Bhd, the Malaysian GBS industry is expected to expand from RM24.8 billion in 2023 to RM31.7 billion in 2027, a CAGR of 6.3%. Daythree’s innovative digital tools – Daisy, Faith, and Saige – ensure its readiness to meet the evolving demands of the global business landscape.

There are no comparative year-on-year figures as Daythree was only listed on the ACE Market of Bursa Malaysia in July 2023.

As of 23 November 2023, at 12:30 P.M., Daythree’s share price stands at RM0.39, indicating a market capitalisation of RM187.2 million, reflecting the confidence of investors in the Group’s future.

Spritzer So Tinge! YouthTopia, “Unlock Imaginasimu” Elevates Fun at Lalaport Rooftop, Bukit Bintang

KUALA LUMPUR, Nov 23, 2023 – (ACN Newswire) – SPRITZER BERHAD is set to transform the cityscape into a playground of creativity and self-expression with the launch of its exciting youth festival, “So Tinge! YouthTopia, Unlock Imaginasimu” at Lalaport Rooftop, Bukit Bintang. The highlight of the festival is an uplifting Hot Air Balloon Ride that will set the stage for a weekend of unforgettable Instaworthy moments and fun experiences.

So Tinge! YouthTopia Hot Air Balloon at Lalaport Bukit Bintang

To kick off this festival, participants will soar above the city and embrace the opportunity to literally “lift themselves up”. The festival encourages attendees to unleash their playful side with a dynamic array of activities, including an eye-catching cosplay showcase, live performances by talented youth bands, and the electrifying sounds of headliner pop-rock sensation, Insomniacks.

Mr. Kenny Lim, Group Chief Executive Officer of Spritzer Berhad, said, “This festival aims to provide a safe and judgement-free space for young individuals to explore, experience, and express themselves on a journey of self-discovery. Through this exhilarating event, we hope to enrich the lives of the youth, offering them a platform to showcase their talents and creativity in a fun-filled atmosphere. “

The two-day event runs from 25-26 November 2023 from 11:00 a.m. until 10:00 p.m. complete with fun activities, such as hot air balloon ride, live bands, instaworthy moments and So Tinge! line of beverages which are fruity sodas made with Spritzer natural mineral water.

Highlights of Day 1, 25 November, include the Hot Air Balloon, live performance by Insomniacks, Youth Live Bands, Street Graffiti by various artists, Fun Activities, Fun Fair Games, Food Bazaar, Flea market and So Tinge! Fruity Bar to quench your thirst.

While on Day 2, 26 November, the fun continues with the Hot Air Balloon, Kpop Random Play Dance, Cosplay Contest, Fun Activities, Fun Fair Games, Food Bazaar, Flea Market and So Tinge! Creative Bar where participants can indulge their taste buds in a unique blend of flavours.

Spritzer invites all youth to be brave in expression, empowered to be their-true-self and invoke imagination at the two-day, judgement-free So Tinge! YouthTopia event and indulge their taste buds in thirst quenching fruity soda made with natural mineral water.

For additional information about So Tinge YouthTopia, visit, myc.my/sotingeyouthtopia.

Capture your Instaworthy experiences of So Tinge YouthTopia, www.instagram.com/spritzer.sotinge/.

To learn more about Spritzer, visit their website at www.spritzer.com.my.

Novationwire, the Leading Earned Media Newswire, Officially Enters the Vietnam Market

HO CHI MINH CITY, VIETNAM, Nov 23, 2023 – (ACN Newswire) – Novationwire (https://www.novationwire.com), a leading AI-powered press release distribution platform, announced its official expansion into the Vietnam market today. This move represents a major milestone for the company as it looks to bring its innovative brand journalism solutions to new regions.

Founded in 2018, Novationwire leverages advanced AI technology to streamline every aspect of press release creation, distribution and tracking. Now, Novationwire is bringing its expertise to Vietnam to meet rising demand. “Vietnam represents an exciting market for us with huge potential for growth,” said Novationwire CMO Eric Lee. “The startup scene here is booming, and companies are realizing they need to up their branding and PR game to grab attention and scale effectively.”

According to Lee, Novationwire solves a major pain point for Vietnamese businesses and organizations trying to spread brand awareness and thought leadership. “Earning quality media coverage has always been difficult without robust distribution networks and know-how,” he explained. “Our ABL platform handles the entire press release process from start to finish using advanced AI, so clients can get their message out to exactly the right journalists and influencers.”

Key features of the ABL platform include:

AI-generated press release content optimized for the client’s unique goals, messaging and target audience
Automated distribution across Novationwire’s vast media database of 80,000+ journalists and editors globally
Custom media list building and pitching using predictive AI algorithms
Ongoing monitoring and real-time alerts when coverage is secured
Access to an online media room with campaign analytics and assets

According to Novationwire, this integrated suite of services gives users an invaluable edge in capturing attention and expanding their reach. The platform’s efficiency has allowed companies of all sizes to amplify their message and stand out from competitors.

Since launching in Vietnam, Novationwire has already partnered with several high-growth startups and corporations in the region. “The results we’ve been able to deliver for new clients have been amazing,” Lee noted. “In just a few short weeks, we’ve helped them land news articles, interviews and other features in business, tech and industry publications read widely across Vietnam and APAC.”

Moving forward, Novationwire plans to expand its team on the ground in Vietnam and customize its AI technology to reflect the media landscape. “We’re excited to plant roots here and become a go-to resource for press release distribution,” said Lee. “With our data-driven, results-focused approach, we know we can take clients’ branding and communications to the next level.”

About Novationwire

Novationwire is a media technology company that provides press release distribution, media databases, monitoring and analytics to execute integrated brand journalism campaigns. Through its AI-driven platform, Novationwire is dedicated to making press release distribution easy, efficient and effective for organizations of all sizes. For more information, visit Novationwire.com.

Media Contact
Brand: Novationwire
Contact: Eric Lee
Email: support@novationwire.com
Website: https://www.novationwire.com

“BEA x Blue Cross 2023 Hong Kong Open Fencing Championships” set to launch this Weekend

Live broadcasting of the two-day event for the Championships will be available at the link: https://www.youtube.com/@koovbroadcastinglive9180/streams

For high-res photos, please visit:https://bit.ly/40RyskD

About The Bank of East Asia

About Blue Cross Insurance

Blue Cross distributes its products through various channels, including AIA agency force, online platform, direct sales, BEA network, insurance agents and brokers, as well as travel agencies.

In 2023, Blue Cross is assigned the Financial Strength Rating of A+ / Stable and Issuer Credit Rating: A+ / Stable by S&P. For more information about Blue Cross, please visit www.bluecross.com.hk.

Appendix 1: “BEA x Blue Cross 2023 Hong Kong Open Fencing Championships” Schedule*

Competition Date	Categories	Individual Events	Competition Time
25th November, 2023(Sat)	Open Categories	Men’s Epee	9am – 8pm
		Women’s Foil
		Men’s Sabre
	Master Categories	Men’s Epee	1pm – 4pm
		Men’s Sabre	4pm – 6pm
		Women’s Foil	5pm – 6pm
	Under-14 Categories	Women’s Epee	9am – 8pm
		Men’s Foil
		Women’s Sabre
26th November, 2023(Sun)	Open Categories	Women’s Epee	9am – 8pm
		Men’s Foil
		Women’s Sabre
	Master Categories	Women’s Epee	3pm – 6pm
		Men’s Foil
	Under-14 Categories	Men’s Epee	9am – 8pm
		Women’s Foil
		Men’s Sabre

*Please visit Hong Kong Fencing Association website (www.hkfa.org.hk) for details.

Hektar REIT Achieves High Occupancy & Positive Reversions

KUALA LUMPUR, Nov 23, 2023 – (ACN Newswire) – Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (“Hektar REIT”), today reported a resilient financial performance for the third quarter ended 30 September 2023 (“Q3 2023”). The REIT showcased a sustained commitment to financial stability and strategic growth in a challenging economic environment. In Q3 2023, Hektar REIT achieved a total revenue of RM27.8 million and an NPI of RM15.4 million. The Net Property Income (NPI) margin stood strong at 55.4%. These figures reflect the REIT’s adept handling of market volatilities and its dedication to operational efficiency.

En. Johari Shukri Jamil, Executive Director & Chief Executive Officer of Hektar Asset Management Sdn. Bhd.

In addressing the challenges posed by increasing operational costs during Q3 2023, the Manager actively reinforces the REIT’s financial standing and amplifies profitability through sound capital management initiatives by demonstrating fiscal prudence. The REIT has successfully reduced its gearing ratio to 44.3% in the current quarter, down from 44.6% as of 31 December 2022, via a targeted debt reduction program.

Furthermore, the Manager continues to embrace an assertive and strategic leasing approach. The REIT has elevated the overall occupancy rate of its retail asset portfolio to 87.7% during the third quarter of 2023. Three of the malls under the portfolio, Mahkota Parade & Wetex Parade, recorded an occupancy rate of more than 93% and Kulim Central recorded close to 98%. Overall, rental reversions for the quarter were positive. These proactive measures are poised to enhance the tenancy mix, positioning the REIT for anticipated revenue growth in the upcoming quarters.

In a landmark move announced in September 2023, Hektar REIT has broadened its investment horizon with the proposed strategic acquisition of Kolej Yayasan Saad Melaka (KYSM), a renowned private boarding school located in Ayer Keroh, Melaka. This proposed acquisition, which is valued at RM150 million marks a significant pivot towards educational assets, diversifying Hektar REIT’s portfolio beyond its traditional retail focus. KYSM, established in June 1995, stands out as a top-tier institution, consistently ranked among the best for Sijil Pelajaran Malaysia (SPM) results.

The proposed acquisition of KYSM is not just a diversification move but also a strategic investment providing a sustainable and resilient income source. With a 30-year Quadruple-Net lease agreement that includes a guaranteed step-up yearly return, this investment promises a steady and potentially growing income stream for Hektar REIT. This acquisition is strategically financed through a balanced mix of Proposed Placements, internally generated funds, and borrowings. This approach ensures that the REIT maintains a healthy gearing ratio, preserving financial flexibility and stability while embarking on this significant expansion.

Hektar REIT’s commitment to Environmental, Social, and Governance (ESG) practices has again been prominently recognized in the industry. The organization’s conscientious approach to sustainability and corporate responsibility culminated in Hektar REIT receiving two Gold Awards at The Edge Malaysia ESG Awards 2023. These prestigious awards were for Outstanding ESG & Dividend Return Award and the Real Estate Investment Trust (REIT) Award.

This is a testament to Hektar REIT’s leadership in integrating ESG principles into its business model. The Awards were in collaboration with Bursa Malaysia, FTSE Russell & Morningstar and were designed to highlight and celebrate companies that exemplify outstanding ESG practices. Hektar REIT’s success in these categories demonstrates its effective integration of ESG considerations in its operational and strategic decisions. The recognition reflects the company’s dedication to creating sustainable value for stakeholders while contributing positively to environmental stewardship, social responsibility and ethical governance.

En. Johari Shukri Jamil, Executive Director & Chief Executive Officer of Hektar Asset Management Sdn. Bhd. said: “Hektar REIT’s malls, strategically positioned as neighbourhood and community hubs, have been the focal point of our success. Our unwavering commitment to enhancing the overall tenancy mix and occupancy levels at our malls reflects our dedication to our niche market.

This strategic move involves remixing tenancies by introducing new, vibrant tenants to complement our existing offerings. We are confident that this initiative will not only meet but exceed the expectations of our loyal patrons. Our primary focus remains on implementing targeted strategies to improve visitor footfall and create a sustained positive cycle for our malls and retailers. Our overall committed occupancy currently stands at 88.4%, and we are positive we will surpass the 90% mark by the end of this year. We believe in initiatives yielding long-term benefits and ensuring continuous growth, ultimately delivering sustainable returns to our Unitholders.”

Hektar REIT: http://www.hektarreit.com/