Q2 Metals Provides Drill Program Update at Its Mia Lithium Property, James Bay Territory, Quebec, Canada

Vancouver, British Columbia–(ACN Newswire – November 16, 2023) – Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) (“Q2” or the “Company“) is pleased to provide an update on Phase 1 of its inaugural drill program at its wholly owned, 8,668-ha Mia Lithium Property (the “Property“) located in the Eeyou Istchee James Bay Territory of Quebec.

The primary objective of Phase 1 of the drill program is to conduct initial drill testing of the Mia Lithium Exploration Trend (the “Mia Trend”), commencing at the Mia Zone on the west end of the Mia Trend and continuing along the nearly 10 km long trend, to the Carte Zone. Phase 1 of the drill program will continue with one active drill rig at the Mia Zone area and one active drill rig at the Carte Zone area.

It’s exciting to have our drill program underway to begin testing our initial targets at the Mia Trend,” said Q2 CEO & President, Alicia Milne. “With the success of our condensed mapping and sampling program in September and the cooperation of the weather, the drill program will continue into December.”

“Our initial drilling has vastly improved our understanding of the Property and as we expected, the results show a series of stacked, parallel pegmatite bodies in a similar geometry as the James Bay deposit of Allkem Inc.1,” said Q2 VP Exploration, Neil McCallum. “We are interpreting this positively as drilling has also provided confirmation that the pegmatites are shallowly-dipping at between 25 and 30- degrees.”

Cautionary Statement:

(1) Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s properties. As stated in a Sept-25, 2023 news release, the James Bay Feasibility study reports a Total Mineral Resource of 110.2 Mt at 1.30% Li2O, including 54.3 Mt at 1.30% Li2O in the Indicated Category, and 55.9 Mt at 1.29% Li2O in the Inferred Category, with a cut-off-grade of 0.4% Li2O.

Since beginning Phase 1 of the drill program on October 23, a total of 12 drill holes have been completed at the Mia Zone (8) and Carte Zone (4) for a total of 2,506 metres.

The geological team has completed the cutting and logging of holes MIA23-001 to MIA23-005 and the samples are currently being prepared for dispatch to the lab for analysis. The details of the first five holes are reported in detail, herein (Table 1). The basic information of the other seven holes that have not yet been logged in detail and cut is included below (Table 2).

Drilling commenced at the Mia Zone on the western end of the Mia Trend with holes MIA23-001 and MIA23-003 drilled as a scissor pair to build a greater structural understanding of the Mia Zone and assist in the identification of dip and dip direction and resulted in several pegmatite intercepts.

Holes MIA23-002 and MIA23-004 were also drilled as a scissor pair approximately 100m to the north of MIA23-001 and MIA23-003 and resulted in several pegmatite intercepts.

Hole MIA23-005 was drilled from the same section lines as MIA23-001 and MIA23-003 to test alternate dip direction and resulted in several pegmatite intercepts.

All five holes intercepted pegmatites with visual indications of spodumene mineralization identified2. All five holes will be shipped to the lab for mineral analysis to confirm the presence of lithium mineralization.

Cautionary Statement:

(2) The presence of pegmatites does not confirm the presence of lithium (spodumene or other lithium minerals). Pegmatites are fractionated coarse grained igneous rocks commonly associated with lithium mineralization; however, many pegmatites do not contain mineralization. The presence of any mineralization can only be confirmed with assaying.

Table 1- Pegmatite Interval Summary Holes MIA23-001 to 005

                             
  Hole number From (m) To (m) Length   Hole number From To Length   Hole number From To Length
 

MIA23-001

6.17 7.75 1.58  

MIA23-002

6.71 13.21 6.5  

MIA23-005

0 6.87 6.87
  55.04 55.7 0.66   18.72 24.28 5.56   18.25 18.8 0.55
  65.19 67.37 2.18   52.75 53.63 0.88   48.74 49.52 0.78
  83.8 85.04 1.24   60.09 60.74 0.65   67.65 69.77 2.12
  130.73 143.79 13.06   85.8 86.3 0.5   120.3 122.25 1.95
  147.87 148.93 1.06   88.47 92.74 4.27   143.48 144.29 0.81
  153.8 155.12 1.32   92.74 100.85 8.11   147.21 148.4 1.19
  177.58 178.12 0.54   110.97 112.24 1.27   151.23 151.86 0.63
  221.35 222.89 1.54   186.48 187.64 1.16   163.5 164 0.5
  MIA23-003 58.65 63.43 4.78   190.1 191.44 1.34   187.74 215.25 27.51
  89.36 93.37 4.01   225.34 233.22 7.88   217.86 219.3 1.44
  215.13 215.93 0.8   234.33 247.19 12.86   220.31 227.18 6.87
         

MIA23-004

51.63 52.91 1.28   227.8 230.35 2.55
          131.61 133.54 1.93   232.02 233.31 1.29
          134.7 143.83 9.13   233.97 248.75 14.78
          145.16 149.44 4.28        
                             

 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/1454/187585_66c637ec24f75aa6_005.jpg

Figure 1- Summary Map of Drilling at Mia Zone

To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/1454/187585_66c637ec24f75aa6_005full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/1454/187585_66c637ec24f75aa6_006.jpg

Figure 2- A) Hole MIA23-002 near-surface pegmatite interval. B) Hole MIA23-004: coarse-grained spodumene crystals. C) Hole MIA23-005: spodumene-bearing pegmatite

To view an enhanced version of Figure 2, please visit:
https://images.newsfilecorp.com/files/1454/187585_66c637ec24f75aa6_006full.jpg

Table 2- Summary of Holes Completed to Date

Hole_ID Target Northing Easting Elevation (m) Azimuth DIP Hole Depth (m)
MIA23-001 Mia-1 5891137 302304 183.88 260 -45 227.35
MIA23-002 Mia-1 5891245 302353 174.83 260 -45 247.83
MIA23-003 Mia-1 5891132 302213 180.65 80 -45 217.57
MIA23-004 Mia-1 5891234 302302 176.57 80 -45 270.2
MIA23-005 Mia-1 5891136 302266 178 170 -90 248.75
MIA23-006 Mia-1 5891136 302266 178 170 -45 154.41
MIA23-007 CARTE 5893468 309794 162.4 145 -45 196.95
MIA23-008 Mia-1 5891208 302429 174.7 255 -45 269
MIA23-009 CARTE 5893468 309794 162.4 145 -85 126
MIA23-010 CARTE 5893442 309753 162.82 145 -45 201
MIA23-011 Mia-1 5891307 302454 166 260 -45 245
MIA23-012 CARTE 5893442 309753 162.82 145 -85 102
– Coordinates are in UTM NAD83, zone 18.          
– All holes are NQ-size diamond drill core.        
– Azimuth and dip are reported as planned, and will deviate down-hole.    

 

 

 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/1454/187585_66c637ec24f75aa6_008.jpg

Figure 3- Summary Map of Drilling at Carte Zone

To view an enhanced version of Figure 3, please visit:
https://images.newsfilecorp.com/files/1454/187585_66c637ec24f75aa6_008full.jpg

In preparation for Phase 2 of the program starting in the new year, the Company has received permits and began initial work on the preparation of a winter access trail. The winter trail is approximately 30 km in length, and it will extend site access from the Wemindji Access Highway through the Mia Zone and end at the Carte Zone.

Qualified Person

Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed the technical information in this news release. Mr. McCallum is a director and VP Exploration of Q2.

About Q2 Metals Corp

Q2 Metals Corp. is a Canadian mineral exploration company currently advancing exploration of its 8,668-ha flagship Mia Lithium Property in the Eeyou Istchee James Bay Territory of Quebec, Canada which is host to the Mia Li-1 and Mia Li-2 lithium occurrences. The Company also owns the Stellar Lithium Property with 77 claims totaling 3,972-ha, located approximately six kilometres north of its Mia Lithium Property.

Q2 is also exploring the highly prospective Big Hill and Titan gold projects covering approximately 110 km² in the Talgai Goldfields of the broader Warwick-Texas District of Queensland, Australia, hosting 54 high-grade historical gold mines.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne
President & CEO
Alicia@Q2metals.com

Jason McBride
Corporate Communications
Jason@Q2metals.com

Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward-looking statements in this news release includes, but is not limited to, the timing and completion of the Phase 1 drill program, the timing and preparation for the Phase 2 drill program, the scale, scope and location of future exploration and drilling activities, the focus of the Company’s current and future drill programs, the Company’s expectations in connection with the projects and exploration programs being metthe Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined,unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/187585



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GamesCoin Token Generation Event Marks a Milestone in the Evolution of Gaming

DUBAI, Nov 16, 2023 – (ACN Newswire) – The long awaited moment has arrived. During the Token Generation Event, YOURE will take the next big step in its journey. This event not only marks the official birth of the ultimate GamesCoin, but is also the moment when the gateway to the world’s largest economy will open: the gaming industries.

GamesCoin, originally envisioned as an ecosystem for an in-game currency, is evolving into a thriving cosmos catering to the needs of over 3 billion gamers worldwide. At its core stands the GamesCoin, around which a comprehensive ecosystem is flourishing – YOURE Games, the portal and the launch pad into the global gaming economy. It is determined to advance the simple yet brilliant vision of GamesCoin. By seamlessly integrating traditional gaming with cutting-edge blockchain technologies, a groundbreaking era of digital entertainment is emerging.

“The future of gaming is true ownership. With GamesCoin, our powerful in-game currency, and YOURE Games, our blockchain-based portal, we are redefining gaming. For the first time, gamers, developers and publishers will become true owners of their games and their successes,” said Alex Suárez, GamesCoin Founder and YOURE Family CEO.

About YOURE / GamesCoin

YOURE Family, a pioneering German blockchain gaming organization, has created an innovative ecosystem around its GamesCoin that pushes the boundaries and creates a gaming world that is more immersive than ever before. Leading this revolution, YOURE Family is reshaping the gaming landscape by merging blockchain and gaming in unprecedented ways, unlocking a digital cosmos of endless possibilities. From multi-use NFT marketplaces for digital assets to cross-game promotions, the YOURE Family ecosystem offers a new frontier for the gaming industry. Players and partners enjoy seamless access to this next generation gaming experience with highly secure, compliant and user-friendly wallet technology. www.youre.net

The company, which has offices in Berlin, Hamburg, Frankfurt and Zug (CH), is celebrating this event at the luxurious Mandarin Oriental Jumeira in Dubai, a fitting venue for this momentous occasion, together with 130 invited guests from the gaming and blockchain industry around the globe.

For media inquiries, please contact:
YOURE Family GmbH
Christian Schön
Chief Communications Officer
c@youre.net



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JBL Unveils Timeless Elegance and Cutting-Edge Audio with Authentics Speaker Range and Spinner BT Turntable in Malaysia

KUALA LUMPUR, Nov 16, 2023 – (ACN Newswire) – JBL (the “Company”) the leading audio equipment manufacturer and specialist in all things audio, launched its legacy-inspired line of speakers, the Authentics 200, 300, and 500 and the Spinner BT turntable at the Heart of Sound Roadshow at Mid Valley Mega Mall, Kuala Lumpur. This classically styled pairing brings yesteryear’s looks with the 21st century audio technology of JBL.

L-R: Authentics Spinner and 500
L-R: Authentics Spinner and 500

Mr. Henry Yap, Managing Director of Global Best United (M) Sdn. Bhd. said, “The JBL Authentics line is the next design step for us, bringing quality sound technology in an attractive package for the home. When past and present merge, you have an attractive product with redesigned Quadrex grille delivering simultaneous voice assistants from Google and Amazon; which is something only 77 years of heritage can offer. Add the Spinner BT turntable and now you can enjoy true recording quality that only vinyl can provide.”

L-R: The JBL Authentics line with 200, 500 and 300
L-R: The JBL Authentics line with 200, 500 and 300

Mr Mitchell Wong, Business Development Manager of Harman International (APAC), said, “Only JBL can couple a turntable like the Spinner BT, with the retro looks of the Authentics, bringing visions of the past melded with modern high-fidelity.”

Jay Park, JBL Authentics 500
Jay Park, JBL Authentics 500

The JBL Authentics speaker range is available in three variations. The JBL Authentics 500 is the most feature-rich in the series: a Wi-Fi and Bluetooth smart speaker delivering Dolby Atmos to envelop listeners in immersive room-filling sound. The JBL Authentics 300 offers portable, high-performance sound with a built-in 8-hour battery, and the JBL Authentics 200 fills any space with powerful well-balanced stereo sound thanks to its 1” tweeters, full-range 5” woofers and downfiring 6” passive radiator.

Designed with seamless user experience in mind, the JBL Authentics speakers features a new integration built in collaboration with Amazon and Google that provides listeners simultaneous access to their voice assistants.

The JBL Spinner BT’s sleek design consists of an aluminum platter and tonearm, black MDF plinth with JBL orange or gold accents, a contemporary front panel, and a hinged dust cover that makes the unit an aesthetically pleasing sight.

The belt drive and motor with an optical sensor underneath, ensures records are played perfectly in time at 33.3 rpm for albums, or 45 rpm for EPs and singles. Quickly pair Bluetooth speakers or headphones to the Spinner BT, and with Aptx-HD encoding there is no sonic compromise. The aluminum tonearm ensures excellent tracking of the record groove without wearing it out. Other tonearm features include a removeable headshell (end of tonearm) allows easy access to the cartridge for replacement or upgrade, adjustable counterweight and adjustable anti-skate. A high-quality aligned moving magnet cartridge, is preinstalled and aligned, on the JBL Spinner BT.

Visit the Heart of Sound Roadshow at Mid Valley Mega Mall, Center Court Ground Floor until 19 November 2023. The JBL Authentics speaker range and the JBL Spinner BT turntable are now available for purchase at JBL online stores and all JBL authorised retailers.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Malaysia’s TAMCO Switchgear at the Forefront of Sustainability and Renewable Energy Sources Integration

KUALA LUMPUR, Nov 16, 2023 – (ACN Newswire) – TAMCO Switchgear, an established leader in electrical distribution and control solutions will participate at the Water, Energy, Technology, and Environment Exhibition (WETEX) 2023 to be held in Dubai from 15-17 November. At the event, TAMCO Switchgear will showcase its unwavering commitment to innovation and sustainability toward delivering world-class products and solutions.

WETEX 2023 is one of the region’s largest exhibitions dedicated to sustainability and clean energy technology. WETEX 2023 provides a platform for industry players to highlight their latest innovations and share their plans for the transformation of the energy and sustainability sectors.

According to Dr. Ir. Segaran Narayanan, CEO of TAMCO Switchgear, “As a company, we are committed to being at the forefront of the power distribution business with technological innovation and strategic business partnerships. We strive to be the trusted partner in energy distribution, and as the Gold Sponsor of WETEX 2023, we aim to showcase our continued commitment to sustainable and innovative solutions.”

“WETEX 2023 presents us with an opportunity to collaborate with like-minded industry leaders and companies. We are thrilled to be part of the event this year, and look forward to meeting with potential customers and partners at the exhibition to address the energy and environmental challenges that lie ahead,” Narayanan added.

Dr. Ir. Segaran Narayanan, CEO of TAMCO Switchgear
Dr. Ir. Segaran Narayanan, CEO of TAMCO Switchgear

TAMCO Switchgear’s participation at WETEX 2023 will see its teams showcasing capabilities in ensuring reliable and safe electrical power. In line with the global energy transition, the team will highlight its products and customised solutions in facilitating the integration of renewable energy sources for smart grid technologies. These solutions offer enhanced grid management, reliability, and efficiency, paving the way for a more intelligent and connected energy distribution network.

Visitors will have a chance to have a closer look at the physical display of TAMCO Switchgear’s Air Insulated Switchgear with built-in sensors, aligned to the digitalization trend in the industry. Visitors and participants can visit the booth to understand more about the state-of-the-art solutions that meet the evolving needs of the energy and environmental sectors, aligning with the world’s sustainability goals. In addition to the exhibition, there are also seminars taking place during the 3-day event. Devraj Manna, Senior General Manager of Research & Development from TAMCO Switchgear will be on-site to share his insights on Modular & Future Ready Medium Voltage Hybrid SF6 Switchgear on 16 November 2023.

Since 1997, TAMCO Switchgear has worked closely with the Dubai Electricity and Water Authority (DEWA) powering many iconic and prestigious projects including the Burj Khalifa, Burj Al Arab, Dubai Airport, Palm Jumeirah, and more.

Closer to home, TAMCO Switchgear has partnered with multiple companies across sectors contributing to the country’s economic growth while creating job opportunities in Malaysia. They have worked with the likes of Tenaga Nasional Berhad, Sarawak Energy Berhad, PETRONAS, Sabah Electricity Sdn Bhd, and Prasarana Malaysia Bhd, to name a few.

Today, TAMCO Switchgear is the one of the most vertically integrated switchgear manufacturers in Southeast Asia and is a prominent industry player in the region, exporting more than 50% of its products and solutions in select international markets of Southeast Asia, GCC, Australia, UK, and Africa.

TAMCO Switchgear plant
TAMCO Switchgear plant
The TAMCO Switchgear booth at WETEX 2023 held in Dubai from 15-17 November.
The TAMCO Switchgear booth at WETEX 2023 held in Dubai from 15-17 November.
Visitor at the TAMCO Switchgear booth at WETEX 2023
Visitor at the TAMCO Switchgear booth at WETEX 2023

For more information about TAMCO Switchgear and its industry-leading solutions, please visit www.tamco.com.my.

For media enquiries, please contact:

Esther Liew | esther.liew@tamco.com.my | +03-3361 8200



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

“Yahoo! Finance Invest – Beyond Borders: Collaborating for Financial Excellence” Returns with Impressive Online Viewership of over 600,000

HONG KONG, Nov 16, 2023 – (ACN Newswire) – Yahoo Finance, the world’s leading financial information platform, is thrilled to announce the successful return of its flagship annual event for investors under the new branding Yahoo! Finance Invest. The conference, held on November 14, captivated a global audience, attracting an impressive viewership of over 600,000 within the first 4 hours of live broadcasting.

Watch Now: https://hk.finance.yahoo.com/splash/yahooinvest2023/

Photos & Videos Download: https://bit.ly/3QFXoXj

 Themed “Beyond Borders: Collaborating for Financial Excellence”, the event brought together distinguished business leaders and speakers from across the globe at the forefront of investment and technology trends. Attendees were treated to invaluable insights and updates on a wide range of topics, including the transformative potential of technology and AI, emerging startups in various industries, fintech advancements, and the digital currency landscape. This year’s program also delved into the captivating opportunities emerging from the Greater Bay Area (GBA), with a focus on its impact on Hong Kong and its position as a leading International Financial Centre.

Esteemed business leaders and distinguished speakers who graced the conference stage included Bernard Charnwut Chan, GBM, GBS, JP., Chairman of M+ Museum Ltd, Duncan Chiu, Legislative Council Member, Technology & Innovation Constituency, Cathy Jiang, Tax and China Business Advisory Services Partner of PWC China, Vivien Khoo, Chairwoman & Co-founder of Asia Crypto Alliance, Alvin Kwock, Co-Founder of OneDegree Group, Gary Liu, Co-Founder & CEO of Terminal 3, King Leung, Head of Financial Services and Fintech of InvestHK, Irene Lee, Board Member of Fintech Association of Hong Kong, Michael Lee, Chief Operations Officer of FWD Hong Kong & Macau, Patrick Lau, Deputy Executive Director of the Hong Kong Trade Development Council, Andini Makosinski, inventor, writer and global keynote speaker and Naomi Osaka, Four-time Grand Slam Tennis Champion. These esteemed individuals shared their expertise and provided market updates, enriching the conference experience for attendees.   

Exploring the Transformative Power of Technology in Shaping the Future of Business

The conference served as a platform for engaging discussions on various timely and impactful topics. Attendees gained comprehensive insights into the rapid advancements in technology, including the implications of AI technology, the evolving landscape of fintech, the rise of digital currency, and the associated risks and opportunities emerging from the GBA region. The diverse perspectives shared during the event provided attendees with bold and valuable insights that will shape their understanding of the current and future business landscape.

Hong Kong’s advantages won’t gone with its position as a testing ground for China

Mr. Bernard Charnwut Chan, GBM, GBS, JP., Chairman of M+ Museum Ltd, shared about his view on Hong Kong’s competitiveness and said, “Hong Kong’s future is always about adding value to China, and we have been doing that for decades. Hong Kong serves as a testing ground for China, where we can afford to try new ideas, make mistakes, and learn from them while containing their impact. If these new ideas prove successful, they can be adopted by the country.”

Video: 

https://hk.news.yahoo.com/%E9%99%B3%E6%99%BA%E6%80%9D-m-%E8%88%87%E9%A6%99%E6%B8%AF%E6%9C%AA%E4%BE%86%E7%B6%93%E6%BF%9F-025801460.html

Innovation should not be burdened by unnecessary restrictions, but it is essential to establish appropriate legislation when it comes to financial transactions

Mr. Duncan Chiu, Legislative Council Member, Technology & Innovation Constituency, shared his thoughts on the changes that the financial sector has experienced due to the development of blockchain and fintech. He stated, “Technology will never go backward, once it’s been developed, it’ll only become better and better. Although blockchain technology has been in development for less than 20 years, it has already brought about significant transformations in the technology sector. Serving as a fundamental technology, it enables the tokenization of real-world assets and provides a secure means of storing data, conducting transactions and preserving value. In terms of policy and legislation side, we need to catch up with the development of technology, especially when it is related to investment.”

Video: 

https://hk.news.yahoo.com/%E9%82%B1%E9%81%94%E6%A0%B9-%E8%A7%A3%E9%8E%96%E5%A4%A7%E7%81%A3%E5%8D%80%E9%87%91%E8%9E%8D%E5%89%B5%E6%96%B0%E7%99%BC%E5%B1%95%E5%89%8D%E6%99%AF-041803977.html

Anyone can be an inventor by attempting to solve problems, embracing the “what if I try” mindset, and pursuing ideas without fear of failure or loss

Ms. Andini Makosinski, inventor, writer and global keynote speaker, shared how she came up with innovative ideas, said, “I think innovative mindset is developed by making small changes in your life, and have that ‘I can solve this’ attitude. In order to give your brain that creative space and freedom, you have to be bored sometimes. When we are on our phones, there is constant stimulation happening but that does not encourage creativity or imagination.”

Video: 

https://hk.news.yahoo.com/%E7%99%BC%E6%98%8E%E5%AE%B6andini-%E7%94%B1%E6%A6%82%E5%BF%B5%E5%88%B0%E5%B8%82%E5%A0%B4-%E9%87%91%E8%9E%8D%E8%88%87%E5%89%B5%E6%96%B0-045345467.html

The implementation of tokenization and blockchain can serve as catalysts in elevating Hong Kong as an International Financial Centre

Mr. King Leung, Head of Financial Services and Fintech of InvestHK was asked about his advice for those seeking to drive innovation in their respective fields. He responded,  “Based on my observations across various countries and markets, I have noticed that projects with a more diverse team have a higher chance of success. This can be attributed to the blend of great ideas, problem-solving approaches, and market insights that arise from such diversity. Therefore, it is crucial for entrepreneurs to maintain an open-minded attitude and embrace change.”

Video: 

https://hk.news.yahoo.com/%E6%8A%95%E8%B3%87%E6%8E%A8%E5%BB%A3%E7%BD%B2%E6%A2%81%E7%80%9A%E7%92%9F-%E5%89%96%E6%9E%90%E7%81%A3%E5%8D%80%E5%89%B5%E6%96%B0%E9%87%91%E8%9E%8D%E7%99%BC%E5%B1%95-033511586.html

Following the Central Government’s assignment of the “eight centers” position to Hong Kong, the city is brimming with opportunities

On the opportunities in Hong Kong, Dr. Patrick Lau, Deputy Executive Director of the Hong Kong Trade Development Council, stated: “The dual circulation strategy of Mainland China plays to Hong Kong’s strengths and brings tremendous opportunities to our city. Hong Kong serves as a two-way business and investment hub, to which business leaders come to engage with not only local, but also mainland and international counterparts.”

Video: 

https://hk.news.yahoo.com/%E8%B2%BF%E7%99%BC%E5%B1%80%E5%89%AF%E7%B8%BD%E8%A3%81%E5%8A%89%E6%9C%83%E5%B9%B3-%E9%A6%99%E6%B8%AF%E4%BD%9C%E7%82%BA%E9%9B%99%E5%90%91%E5%B9%B3%E5%8F%B0%E8%82%A9%E8%B2%A0%E7%9A%84%E8%A7%92%E8%89%B2-040657634.html

The mental challenges faced by athletes were once regarded as weaknesses, but now they are becoming more openly discussed and acknowledged

Ms. Naomi Osaka, Four-time Grand Slam Tennis Champion, was asked about her motivation to expand her influence beyond the tennis court and embrace the role of a businesswoman. In response, she said, “I’ve always tried to come from a place of my culture, like being half-Japanese and half-Haitian and growing up in America. In that sense, Hana Kuma kind of sees things from my lens.” Speaking about her passion for mental health among athletes, she expressed, “I am really glad that tournaments are taking steps to address it, and it’s becoming a more comfortable topic to talk about.”

Video: 

https://hk.news.yahoo.com/%E5%A4%A7%E5%9D%82%E7%9B%B4%E7%BE%8E%E8%88%87%E5%93%AA%E5%80%8B%E5%93%81%E7%89%8C%E5%90%88%E4%BD%9C-%E5%85%A8%E7%9C%8B%E8%87%AA%E5%B7%B1%E4%B8%BB%E8%A7%80%E8%88%88%E8%B6%A3-042544134.html

In addition, The Yahoo! Finance Invest 2023 also featured a panel discussion on fintech, featuring notable industry experts, including Michael Lee, Chief Operations Officer of FWD Hong Kong & Macau, Alvin Kwock, Co-Founder of OneDegree Group, Irene Lee, Board Member of Fintech Association of Hong Kong and Vivien Khoo, Chairwoman & Co-founder of Asia Crypto Alliance. These experts explored recent developments in the fintech sector, discussed its prospects, and highlighted the transformative impact it is bringing to the market.

Video: 

https://hk.news.yahoo.com/%E9%87%91%E8%9E%8D%E7%A7%91%E6%8A%80%E6%BD%9B%E5%8A%9B%E8%A7%A3%E9%8E%96-%E9%A6%99%E6%B8%AF%E9%82%81%E5%90%91%E5%8D%93%E8%B6%8A%E9%87%91%E8%9E%8D%E4%B9%8B%E8%B7%AF-055027179.html 

Pete Wong, GM of Asia Yahoo, concluded, “The Yahoo! Finance Invest 2023 has recorded more than 600,000 online viewership worldwide within the first 4 hours of live broadcasting. These remarkable numbers demonstrate the conference’s undeniable impact and global reach. As a trusted leader in the financial information landscape, Yahoo pledges to continue delivering authoritative industry insights and comprehensive market analysis in the future. Moreover, Yahoo! Finance is dedicated to organizing influential programs on a regular basis, propelling the industry into a new era and driving overall economic growth in the dynamic Asia-Pacific region.”

For more information about the Yahoo! Finance Invest and to watch the conference sessions, please visit https://hk.finance.yahoo.com/splash/yahooinvest2023 .

About Yahoo

Yahoo is a global media and tech company that connects people to their passions. We reach nearly 900 million people around the world, bringing them closer to what they love—from finance and sports, to shopping, gaming and news—with the trusted products, content and tech that fuel their day. For partners, we provide a full-stack platform for businesses to amplify growth and drive more meaningful connections across advertising, search and media. To learn more, please visit yahooinc.com.

Enquiries:

Yahoo

Lorraine Cheung  Tel: +852 9036-1664  Email: wycheung@yahooinc.com

Dana Lau  Tel: +852 2120-6907 / +852 9213-2484  Email: danalau@yahooinc.com

Strategic Public Relations Group

Andico Tsui  Tel: +852 2114-4346 / +852 6902-3831  Email: andico.tsui@sprg.com.hk

Chak Yau  Tel: +852 2114-4340/  +822 6073-3645  Email: chak.yau@sprg.com.hk



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Apple Reports Strong Fourth Quarter Results with iPhone Sales Soar in China

HONG KONG, Nov 16, 2023 – (ACN Newswire) – Apple recently announced its financial results for the fourth quarter of the 2023 fiscal year, revealing impressive figures. The Company experienced an 11% increase in net profit to approximately $23 billion despite a 1% year-on-year decline in total revenue to $89.5 billion. iPhone sales accounted for around 50% of the total revenue, reaching $43.8 billion, representing a year-on-year growth of about 3%. Additionally, service revenue reached a new record high at approximately $22.3 billion, showing a year-on-year growth of about 16%.

While Apple’s revenue in Greater China declined by 2.5% due to exchange rate fluctuations, Apple CEO Tim Cook highlighted that iPhone revenue in mainland China set a September quarter record. Revenue actually increased when excluding the impact of exchange rate fluctuations.

Analyst Erik Woodring from Morgan Stanley noted that the new iPhone 15 Pro and iPhone 15 Pro Max are in high demand, and Apple’s CFO Luca expects supply and demand to balance out in the first quarter of 2024. Luca stated that Apple is “working hard to fulfill orders”. Analyst Amit Daryanani from Evercore ISI expressed interest in Apple’s upcoming head-mounted display, Vision Pro, to which Cook replied that the product has gained significant market interest, research and development expenses have increased, and there are highly anticipated products with better user experiences on the horizon.

Cook visited Luxshare Precision’s factory in Zhejiang on October 18th, just before the release of the financial report. He was accompanied by Luxshare Precision’s Chairwoman, Wang Laichun. Cook emphasized Apple’s commitment to advancing green and intelligent manufacturing in China, enriching the developer ecosystem, and growing together with industry supply chain partners. This visit was seen as a friendly gesture towards the Chinese market, as Chinese suppliers remain an integral part of Apple’s production process. Luxshare Precision, an important member of Apple’s supply chain, is responsible for the development and manufacturing of iPhone, Apple Watch, AirPods and Vision Pro, providing integrated solutions ranging from diversified components and modules to complete system assembly.

Luxshare Precision has been collaborating with Apple for over a decade and actively participates in Apple’s clean energy program, which aims to achieve carbon neutrality for Apple’s production by 2030. Wang Laichun revealed that Luxshare Precision is preparing for the release of the Apple Vision Pro headset early next year. Analyst Ming-Chi Kuo from TF International Securities previously estimated that Vision Pro’s shipment volume in 2024 would be between 400,000 and 600,000 units at most. The product has received positive feedback from multiple developers and has a promising market outlook.

Several suppliers have made significant progress through diversified strategies, benefiting from the launch of new Apple products. Luxshare Precision recently released its third-quarter report, achieving a total revenue of RMB155.875 billion in the first three quarters of 2023, a year-on-year increase of 7.31%. The net profit in Q3 reached RMB3.018 billion, a year-on-year increase of 15.37%, surpassing previous performance. Analysts predict that Luxshare Precision’s headset assembly business will lead the next wave of consumer electronics innovation, bringing potential and value to the XR industry chain. In addition, BYD Electronics, which expanded Apple’s product line through a major acquisition, achieved revenue of RMB35.96 billion in Q3, a year-on-year increase of 31%. BYD Electronics is expected to further increase profits in 2024, benefiting from the continued growth in Apple, automotive and household energy storage businesses.

Goldman Sachs recently raised Apple’s target price from $213 to $227 based on the belief that Apple’s Q4 earnings exceeded expectations. The iPhone’s historic high revenue in the Chinese market during this quarter contributed to the positive performance. Cook holds an optimistic outlook for the Chinese market and combined with the impressive performance of major supply chain companies in Q3, it is expected that Apple will bring new surprises to the market in 2024.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Envision Pharma Group Announces New AI Innovation Board and Appoints Chairwoman

HORSHAM, UK, Nov 15, 2023 – (ACN Newswire) – Envision Pharma Group (Envision), a leading global technology-enabled strategic solutions partner for the life sciences industry, unveils its AI Innovation Board and announces the appointment of Dr. Loubna Bouarfa as AI thought leader and Chairwoman of the newly established board. This strategic move underscores Envision’s global commitment to harnessing the power of AI to shape the future of the life sciences industry.

Previously serving as the CEO and founder of OKRA.ai, which was acquired by Envision in February 2023, Dr. Bouarfa revolutionized healthcare by creating AI systems that support life sciences companies to better enable the drive of personalized medicine across the globe. In this new role, she will apply her deep expertise to intertwine AI with all the services that Envision offers.

“Loubna’s appointment and the establishment of the new AI Innovation Board marks a significant step toward aligning our innovation and technology efforts to drive our strategies for our internal team, business, and partners,” shares Howard Miller, CEO of Envision Pharma Group. “We are confident this strategic move will propel Envision to new heights.”

In her new role, Dr. Bouarfa will focus on advancing AI strategy and promoting its integration across all aspects of Envision. This appointment solidifies Envision’s dedication to leveraging AI to deliver innovative, faster outcomes for the life sciences industry. In addition, Dr. Bouarfa will lead the AI Innovation Board to define and develop Envision’s AI strategy across all technology platforms, solidify thought leadership as pioneers in AI, and pilot new innovative AI applications.

Having earned the Deloitte Fast 50 Women in Leadership Award and a place on Forbes’ 50 Top Women in Tech list, Dr. Bouarfa expressed her commitment to the role, saying, “I am excited to take on this new challenge and continue driving AI innovation at Envision. We are dedicated to leading the industry in this space and delivering innovative solutions that will transform the future of life sciences. Our success will not only bring commercial benefit to clients but lead to improved patient outcomes across the globe.”

About Envision Pharma Group

Founded in 2001, Envision Pharma Group is a leading global technology-enabled strategic solutions partner for the life sciences industry, working with over 200 pharma and biotech companies, including 19 of the top 20 pharmaceutical companies. Envision supports clients across the product life cycle through a comprehensive suite of services and industry-leading technology solutions that include artificial intelligence and natural language processing, commercialization and integrated strategic consulting, evidence-based scientific communications and engagement, HEOR/market access and data analytics, medical capabilities, and omnichannel solutions. Learn more at www.envisionpharmagroup.com.

Contact Information
Colleen Carter
Associate Director, Communications, Office of CEO
colleen.carter@envisionpharma.com
1 (508) 505 8856



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ZAGENO Secures Esteemed Placement in the 2023 ProcureTech100 Elite

Cambridge, MA, Nov 15, 2023 – (ACN Newswire) – ZAGENO Inc., the leading marketplace for life science research products, proudly announces its inclusion in the prestigious 2023 ProcureTech100. This distinguished reward is reserved for a select group of technology, data, and analytics solutions celebrated for their exceptional innovation, scalability, and transformative impact on the digital procurement landscape.

ProcureTech100
ProcureTech100

Florian Wegener, CEO of ZAGENO Inc., expressed honor in being recognized among this elite group of companies, stating, “We look forward to advancing our mission to accelerate life science research and empower procurement teams globally.”

The rigorous selection process scrutinized over 5,000 global digital solutions, evaluated by esteemed procurement leaders, technology experts, and B2B investors. Dr. Elouise Epstein, Partner at Kearney, highlighted the significance of ProcureTech100 in identifying groundbreaking solutions that drive short-term benefits and long-term value in the supply chain.

ZAGENO, the leading lab supply marketplace, provides a superior selection of high-quality products from leading suppliers, emphasizing quality and convenience. Through streamlined order tracking and billing, ZAGENO simplifies and enhances the global procurement process for biotech and pharmaceutical companies. Customers benefit from the following:

  1. Accelerate “Phase I Clinical Trial” Timelines: ZAGENO is committed to minimizing the time it takes to reach “phase I clinical trials,” ensuring a swift and efficient progression through crucial research phases.
  2. Enhance Scientist Productivity: By leveraging ZAGENO’s platform, scientists can experience increased efficiency and productivity, streamlining their workflow and allowing them to focus on advancing critical research initiatives.
  3. Strengthen Supply Chain Resilience: ZAGENO is pivotal in strengthening the supply chain’s resilience for biotech and pharma companies, offering a dependable and robust procurement infrastructure that contributes to overall supply chain stability.

The announcement of the 2023 ProcureTech100 took place at the ProcureTech PIONEERS event, attracting hundreds of procurement and digital leaders. ZAGENO is honored to be featured in this exclusive list and remains committed to delivering optimal solutions for its customers.

To learn more about ProcureTech100, please visit the ProcureTech100 website.

To learn more about ZAGENO Inc., please visit the ZAGENO website.

Contact Information:
Stephanie Harold
pr@zageno.com 
+1 (857) 477-8479



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Partnering with Chevron and Mubadala Energy, Pertamina Geothermal Energy Aims to Explore Geothermal Opportunities in Kotamobagu

Washington, D.C., Nov 15, 2023 – (ACN Newswire) – PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) announced its cooperation with Chevron New Energies International (Chevron) and Mubadala Energy to embark on a Joint Study Agreement (JSA) to explore the geothermal potential in Kotamobagu, North Sulawesi, Indonesia. The JSA was signed during President Joko Widodo’s visit to the United States and witnessed by the Deputy Coordinating Ministry for Maritime & Investment Affairs, Jodi Mahardi , Ambassador of The Republic of Indonesia for United States of America, Rosan Roeslani, President Director & CEO PT Pertamina (Persero), Nicke Widyawati and Country Manager Chevron Indonesia, Wahyu Budiarto.

The JSA aims to capitalize on the companies’ complementary strengths and experience. It will bring together PGE’s experience and scale as the largest geothermal producing company and capacity holder in Indonesia, Chevron’s expansive capabilities as a multinational energy company committed to providing reliable and cleaner energy, and Mubadala Energy’s track record in delivering reliable and efficient energy to Indonesia and commitment to playing an active role in the energy transition as an international energy leader.

The agreement provides a comprehensive framework to conduct a joint study into developing the Kotamobagu Geothermal Working Area (WKP). The agreement is aligned with the Government of Indonesia’s recent announcements targeting the addition of 3.3 gigawatts (GW) of installed geothermal capacity by 2030. Geothermal electricity produced in Kotamobagu may provide clean energy source to feed the domestic market in Indonesia and potentially an input to produce low carbon hydrogen or ammonia.

President Director of PT Pertamina Geothermal Energy Tbk, Julfi Hadi enthusiastically welcomed the JSA cooperation between PGE, Chevron, and Mubadala Energy, “Our Joint Study Agreement this time aims to utilize the complementary strengths of the three parties in developing geothermal in Kotamobagu,” he said.

Wahyu Budiarto, Chevron Indonesia Country Manager said, “This is Chevron’s fifth collaboration with Pertamina and we are excited about the addition of Mubadala Energy in the Kotamobagu WKP. We look forward to bringing into the partnership, Chevron’s technical expertise and new geothermal technologies to explore renewable energy resources to support Indonesia’s energy transition goals.”Mansoor Mohamed Al Hamed, Chief Executive Officer of Mubadala Energy, commented; “With our track record of delivering strategic energy resources in Indonesia for over a decade, we are excited about this partnership with PGE and Chevron to explore the expansion of geothermal energy, an important segment of Indonesia’s clean energy growth ambitions. The opportunity to explore such projects is embedded in Mubadala Energy’s commitment to playing an active role in the energy transition as we continue to support Indonesia’s Net Zero targets.”

WKP Kotamobagu was assigned to PGE Kotamobagu as a subsidiary of PT Pertamina Geothermal Energy Tbk. based on the Decree of the Minister of Energy and Mineral Resources 14.K/EK.01/MEM.E/2022 where WKP Kotamobagu is an area that has a high enthalpy value with a volcanic hydrothermal system located in North Sulawesi Province with an area of 18,530 Ha.

About PT Pertamina Geothermal Energy Tbk.

PT Pertamina Geothermal Energy Tbk. (PGE) (IDX: PGEO) is part of the Power & New Renewable Energy (PNRE) Subholding of PT Pertamina (Persero) which is engaged in geothermal exploration, exploitation and production. PGE currently manages 13 Geothermal Working Areas (WKP) and 1 Assigned Working Area with an installed capacity of 1,877 MW, of which 672 MW is operated and managed directly by PGE and 1,205 MW is managed under a Joint Operation Contract scheme. The installed geothermal capacity in PGE’s working areas contributes around 80% of the total installed geothermal capacity in Indonesia, with the potential to reduce CO2 emissions by around 9.7 million tons of CO2 per year.

As a world class green energy company, PGE aims to create value by maximizing end-to-end management of geothermal potential and derivative products and participating in the national and global decarbonization agenda to support Indonesia net zero emission 2060. PGE has excellent ESG credentials with 13 Gold PROPER awards from 2011 to 2022 in the Ministry of Environment and Forestry’s highest environmental compliance award for ESG Rating & Engagement.

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe that affordable, reliable and cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and industry. We focus on reducing the carbon intensity of our operations and growing low-carbon businesses alongside our traditional business lines. For more information, please visit www.chevron.com .

About Mubadala Energy

Mubadala Energy is an international energy company, headquartered in Abu Dhabi. With a diversified portfolio of operated and non-operated assets spanning 11 countries, its primary geographic focus is in the Middle East and North Africa, Russia and Southeast Asia.

Mubadala Energy is a wholly-owned subsidiary of Mubadala Investment Company, which is owned by the Government of Abu Dhabi. The company’s portfolio is around 66 per cent gas, with a working interest production in 2022 of approximately 500,000 barrels of oil equivalent per day. 

In line with Mubadala Energy’s commitment to play an active role in the energy transition, the company is expanding across the gas value chain and actively pursuing opportunities in new energy sectors. For more information, please visit www.mubadalaenergy.com 

For more information, contact:

PT Pertamina Geothermal Energy Tbk
Muhammad Taufik
Manager Corporate Communication & Stakeholder Management
PT Pertamina Geothermal Energy Tbk
muhammad.t@pertamina.com 

Chevron
Mr. Cam Van Ast
External Affairs Advisor
Chevron Asia Pacific
cameron.vanast@chevron.com 

Ms. Ferita Damayanti
Corporate Affairs Manager
Chevron Indonesia Business Unit
Ferita@chevron.com 

Mubadala Energy
Mr. Paul Slinger,
Vice President of Communications
paul.slinger@mubadalaenergy.com 



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Legacy Trustee Ltd Partners with Prominent Financial and Educational Collaborators in Labuan International Business and Financial Centre on Wealth Management Portfolio

SINGAPORE, Nov 15, 2023 – (ACN Newswire) – Legacy Trustee Ltd (“Legacy Trustee” or the “Company”), an established Asian private trustee with a Digital Asset Infrastructure Platform that provides international wealth management services through custom-made trust portfolio services and education, has signed a Memorandum of Understanding (“MoU”) with multiple well known financial institutions and organisations in Labuan International Business and Finance Centre (“Labuan IBFC”) on Wealth Management Portfolio.

The signing partners includes Alpine Advisory Sdn. Bhd, AMS Trust Company Limited, Estate Planning Practitioners (HK) Limited EPPL (HK), Fintech Bank Limited, GLP Consultancy Sdn Bhd (U Need Will), J.Rotbart & Co Gold Precious Metal, Pacific Invesco Capital Ltd, PFPFA Pte Ltd, UOB Kay Hian Wealth Advisors Sdn. Bhd. and VCI Global Limited.

Through these partnerships, the Company aims to provide clients with an integrated wealth preservation plan.  This collaborative approach enhances convenience as well as safeguard the best interest for settlors and beneficiaries.

The wealth management involves some strategic management of financial assets, to achieve an individual and family financial goals. Spanning from retirement savings to asset protection for future generations.  Trusts play a pivotal role in realising a spectrum of wealth management objectives. Among key benefits of using a trust for wealth management is that it offers flexibility in financial planning for asset growth and preservation while segregating power over managing, owning, and benefiting from trust assets. When assets are placed under a trust, they are no longer considered part of the grantor’s estate, which means that assets under trust are not subject to traditional estate distribution. This can be particularly important for high-net-worth individuals who may have complex succession planning needs for their immovable assets, movable assets, and business empires.

As Labuan IBFC is a leading international business and finance centre that offers a wide range of financial products and services, including the new in demand wealth management mechanism named Labuan Foundations. Among key benefits of using a Labuan Foundation, is that it provides asset protection and confidentiality. Assets held in a foundation are owned by the foundation itself, and not by the founder or beneficiaries. Additionally, the names of the founder and beneficiaries are not publicly disclosed, ensuring confidentiality. Labuan Foundations are also flexible and tax efficient.

Successfully, Legacy Trustee Ltd and Bank Islam Trust Company (Labuan) Ltd have declared their respective intentions for the purpose of achieving the principles of collaboration which are to offer an innovative and an attractive option of Labuan Foundations structure for high-net-worth individuals and families as part of their wealth management plan.

The Malaysian government, through Labuan Financial Services Authority (“Labuan FSA”), having a wide array of financial products and services, and skilled workforce, is committed to developing Labuan as a world-class sustainable financial centre.

Mr. Nelson Goh, Principal Officer and Managing Director of Legacy Trustee said, “In our rapidly evolving digital age, digital assets are crucial, and collaboration among digital trustee companies, asset managers, and regulators is necessary. Labuan aims to become Asia’s top financial hub, offering tax efficiency, diverse financial products, and skilled professionals. To achieve this shared goal, both the public and industry players need access to knowledge and continuous education. Importantly, synergy and unity among industry players are vital to achieving the goals.”

He added, “Today’s MoU symbolises our commitment to enrich wealth management, estate planning, and cross-financial institutional and legacy academy collaborations. It’s a milestone for Legacy Trustee Ltd, Labuan, and the Malaysian financial industry.”

This MoU is also witnessed by representatives of Labuan IBFC Incorporated Sdn Bhd (“Labuan IBFC Inc.”), representatives of Bank Islam Trust Company (Labuan) Ltd and the President of Malaysian Institute of Estate Planners (“MIEP”), Mr See Kok Loong, which will mark a significant step towards promoting the utilisation of trusts and foundations in wealth management, estate planning and importance of legacy academic in fostering among financial institutions within the Labuan International Business and Finance Centre. This initiative is believed could attract new businesses and investment to Labuan, which would benefit the Malaysian economy.

Back Row (From L-R):
– Vivian Yong, Group COO, VCI Global Limited 
– Melvin Sho, Representative of Fintech Bank Limited (Labuan)    
– Herman Chong, Director of Strategic transaction-Singapore, J. Rotbart & Co
– Jeff Chow, Chief Executive Officer, PFPFA PTE LTD.
– Alvin Tan, Chief Executive Officer, UOB KayHian Wealth Advisory Sdn Bhd
– Julian Seng , Director of Compliance, Alpine Advisory Sdn Bhd
– Gary Lee, Founder, GLP Consultancy Sdn Bhd “U NEED WILL”
– Lee Chiwi, Chief Executive Officer, Estate Planning Practitioners (HK) Limited

Front Row (From L-R):
– Dato Sri Desmond Lim, Board of Advisor, Pacific Invesco Capital
– Joyce Louisa, Chief Operating Officer, Legacy Trustee
– Dato’ Seri Prof. Dr. Mohamad Zabidi Ahmad, Independent Non-Executive Director, BIMB Investment Bank Islam Malaysia Berhad
– Nelson Goh, Managing Director, Legacy Trustee
– Eric Rodriquez Sigutil, Head, Legal & Secretarial, Bank Islam (Labuan) Trustee LTD
– Komaladewi Sabilawati, Representative of Datuk Iskandar Mohd Nuli, Executive Chairman cum CEO, Labuan IBFC Incorporated
– Rita Mohd Sharif, Director/ Principal Officer, AMS Trust Company Limited
– See Kok Loong, President, Malaysia Institute of Estate Planner



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com