PrimePartners Group forges a strategic alliance with leading UK independent corporate advisory firm Strand Hanson to strengthen global connectivity

SINGAPORE, Jul 6, 2023 – (ACN Newswire) – PrimePartners Group ("PrimePartners" or "PPG"), one of Singapore's leading investment banking advisory firms has entered into a strategic alliance with Strand Hanson, a London-based corporate advisory firm to explore areas of new listings and capital market transactions.

Strand Hanson has an extensive geographical footprint, particularly in emerging markets such as Africa, Southeast Asia, South America, and the Middle East. Similarly, PrimePartners also services a global client base, with an emphasis on the Southeast Asia region and Greater China.
Both parties are set to leverage one another's business connections to strengthen their respective cross-regional presence. This partnership will create a combined pool of diverse clients, which is expected to leverage a host of new opportunities, particularly in the area of energy transition where a key to success is effectively linking the producers of critical raw materials which feature strongly in Strand Hanson's client base with end users.

On top of the enhanced connectivity, the collaboration also enables knowledge transfer, especially in regard to regulations, legislation, and culture between the two firms, which will improve service efficiency levels in mutual regions.

Mark Liew, Chief Executive Officer of PrimePartners said, "Our respective strengths and focus in different geographical regions will open doors to a wider universe of potential clients to both of us, especially pertaining to capital market deals with cross-border elements. The extensive reach that Strand Hanson has is an attractive proposition and we look forward to growing together with our new partner."

Simon Raggett, Chief Executive of Strand Hanson said, "Singapore offers a strong combination of regulatory oversight, access to world-class talent and a vibrant capital market from which to access some of the world's fastest-growing economies. We are delighted to have formed a partnership with PrimePartners, which shares our values and commitment to servicing our clients.

"Strand Hanson has been advising clients with a global reach via its established network of offices and partnerships and is excited at strengthening its regional presence via this new relationship."

About PrimePartners Group

PrimePartners Group (PPG) was founded in 1994 by the late Mr Ng Soo Peng, Mr Quek Peck Lim, Mr Teo Ek Tor and Mr Hsieh Fu Hua, former senior Morgan Grenfell executives.
PrimePartners Corporate Finance (PPCF) was formed by PPG in 2003. PPCF is focused on providing advisory and capital raising services for private and public-listed small and medium sized companies operating in Singapore and internationally. Headquartered in Singapore, PPCF provides a comprehensive range of public listing, financial advisory, capital raising, mergers and acquisitions and continuing sponsorship services. PPCF is one of the pioneer group of full sponsors licensed by the Singapore Exchange and is the leading continuing sponsor on the Catalist market.

About Strand Hanson

Established in 1993, Strand Hanson is a leading adviser to SMEs on London's public markets, with a focus on growth companies both in the UK and internationally.

Drawing on the executive team's considerable experience across a significant range of sectors, geographies and transaction types, Strand Hanson is focused on delivering bespoke, strategic and timely advice, recognising that the "one size fits all" model does not maximise value or deliverability.

Issued for and on behalf of PrimePartners Group
By Financial PR

For more information, please contact:
Kamal SAMUEL / Hong Ee TANG
E-mail: kamal@financialpr.com.sg / hongee@financialpr.com.sg
Tel: 6438 2990

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

APAC GCs Say Legal Departments Are Too Under-Resourced To Be Effective, Axiom Study Finds

SINGAPORE, Jul 6, 2023 – (ACN Newswire) – Being an APAC-based General Counsel (GC) is hard, according to the results of survey by Axiom, the global leader in high-caliber, on-demand legal talent. Findings from Axiom's APAC General Counsel Survey Report: Managing the Unmanageable, which surveyed 300 Hong Kong (HK) and Singapore-based GCs across a wide range of industries, reveal three concerning and universal headlines. APAC GCs are:

1. Struggling to navigate budget cuts and hiring freezes. They say budget constraints will further erode their already under-resourced department. Many believe the cuts will be deep and the freezes imminent.

2. Skeptical that either law firms or internal hires can address their resourcing challenges. Why? First, because of the high costs associated with both. These GCs also note the tremendous difficulty of finding and hiring the right talent to meet their needs.

3. Unhappy with their careers. They are stressed and dissatisfied, citing an unmanageable workload and poor work-life balance.

"Given increasing workloads and decreasing budgets, the headline findings are concerning, but not surprising," said Yolanda Chan, Managing Director, Asia Pacific, Axiom "Our intention was to look behind the headlines and to uncover the more nuanced pain points of the legal function. For that reason, we didn't want to simply understand that GCs feel under-resourced – we want to identify where, specifically, they feel a dearth of expertise and how they anticipate those needs will change over time."

Continued Chan: "The survey results paint a complicated picture of a legal department that needs skill remediation right now but is struggling to efficiently access legal consultants with the necessary skillsets through traditional channels."

Struggling to Do More with Less

Survey findings reveal that APAC GCs are facing a parallel crisis of budget cuts and increasingly complex workloads. Ninety per cent of APAC GCs say their legal department budget has been cut because of economic conditions and ongoing volatility. On average, APAC budget cuts represent 3% of company revenue – which in real dollars, is significant. Singapore-based GCs have seen their budgets shrink by US$3.7M and their HK peers have experienced budget cuts averaging US$1.7M. This is even though approximately half (45%) of APAC GCs report their department is seeing an increase in both the volume and complexity of legal matters.

These compounding issues create a perfect storm for GCs trying to maintain a staff capable of doing more with less. In fact, the vast majority of APAC GCs (92%) say their department does not have the necessary staffing resources in-house to do its job effectively. Moreover, more than one-third (35%) of APAC GCs feel they do not have the right legal expertise on their team to address current or anticipated legal needs. Just where is that expertise lacking?

The top 3 current deficits include labor & employment, regulatory and compliance, and real estate expertise. Looking forward, APAC GCs believe they will face future deficits around new/emerging areas, banking/finance, and data privacy and cyber security matters. That these deficits are set to change so quickly suggests a fast-moving environment where expertise is incredibly valuable and finding the right talent is key.

Addressing Resourcing Challenges: Internal Hires

APAC GCs can't just hire their way out of trouble – and they know it: only 21% call hiring additional full-time legal consultants an appropriate solution to address their resourcing issues. Why? There are a few reasons.

First, 93% of APAC GCs anticipate a hiring freeze this year. Second, because in-demand expertise is evolving so quickly, hiring permanent staff won't effectively address current or anticipated expertise.

Third, permanent headcount is expensive. In fact, the majority of APAC GCs (61%) cited cost as the primary reason full-time hires are not an adequate response to resourcing needs.

Addressing Resourcing Challenges: Law Firms

When 'staffing up' doesn't work, GCs look to 'send out' to law firms. Many GCs have long-standing relationships with law firm partners to whom they can turn for high-quality and experienced counsel. These relationships are particularly critical for exceptional events and bet-the-company matters. They are less helpful for supporting 'overflow' work, as noted by the fact that only 33% of APAC GCs say law firms are an effective solution for their current concerns.

According to over half of survey respondents, much of it is a matter of cost. Globally, law firm clients expect rate increases between 5-15% in 2023, with some firms expected to hike rates by 30%+

The Solution: Flexibility

Survey findings indicate that APAC GCs are eager to solve for their resourcing challenges by embracing the benefits of flexibility. Unlike expensive law firms and in-house hires, 62% of APAC GCs overall (and 72% of HK-based GCs in particular) say elite ALSPs, like flexible legal talent providers offer better value for every budgeted dollar.

APAC GCs also recognise the many benefits of working with these ALSPs that extend well beyond cost. Almost half (46%) say that ALSPS offer effective administrative management to ease the burden of law firm supervision.

Concluded Chan: "How can growing demands and shrinking support still equal high performing legal teams? The solution, according to the majority of GCs, is to embrace flexible legal talent. This modern model not only improves risk mitigation by matching legal matters to the right legal consultants, but it also allows APAC enterprises to minimise the sunk costs of permanent in-house hires and limit law firm spend to exceptional events. Our survey findings reveal that flexible talent is the right resourcing solution to complement in-house teams and their firms as GCs seek to navigate a recessionary economy."

Survey Methodology

The survey, which was conducted by global research firm Coleman Parkes between January and February 2023, surveyed 150 Singapore-based and 150 Hong Kong-based General Counsels working at companies with an annual average revenue of US$1 billion across a wide range of industries regarding their current roles and career trajectories.

About Axiom

Axiom is a global alternative legal service provider where legal teams go to find the right talent for everything from ongoing in-house matters to complex outside counsel work. Too many legal consultants and legal departments are stuck in a forced compromise. Legal departments have high standards when it comes to finding the right talent and getting the right value. Plus, top legal consultants want more control over how, when and where they practice. Axiom shares and meets the higher standards of its global clients and 14,000+ legal consultants – connecting mid-market and Fortune 500 companies with the world's deepest and widest bench of experienced, highly qualified legal talent. Axiom. Higher standards welcome.

Media Contact
Hazel Ramirez
Plat4orm PR
hazel@plat4orm.com

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

Mink Ventures Commences Option for Warren Copper Nickel Project, Timmins, Ontario

TORONTO, ON, Jul 6, 2023 – (ACN Newswire) – Mink Ventures Corporation (TSXV: MINK) ("MINK" or the "Company") announces that it has issued 250,000 common shares of the Company (the "Common Shares") and 250,000 warrants to purchase Mink common shares (the "Warrants") to commence its previously announced option of the Warren Copper-Nickel Project (the "Warren Project"). The Warren Project consists of 14 patented mining claims covering 251 hectares of land, located in Whitesides Township, approximately 35 km west of Timmins, Ontario (see Figure 1).

To commence the option, MINK issued to US Copper Corp. 250,000 MINK common shares and 250,000 MINK three-year common share purchase warrants exercisable at a price of $0.25. To maintain and ultimately exercise the option MINK must incur $300,000 in exploration expenditures and issue an additional 750,000 MINK common shares within 21 months.

HIGHLIGHTS (see Figure 3):

– The Warren Project is drill ready. Mink's geologists have completed an in-depth study of all available historical data and recent geophysical survey data. Some limited ground truthing to update GIS data prior to selecting drill targets will occur with a diamond drill program to follow.
– The Warren Project complements Mink's key Montcalm project due to the distinctly similar, prospective geological environments as well as the presence of significant Cu Ni zones at Warren.
– Three distinct mineralized copper nickel zones have been identified and are designated Zones A, B, and C, outlined by both surface exploration and diamond drilling, focused mainly on Zones A and B over a strike length of ~600 meters.
– Historical work in the mid 1950's included two B-Zone bulk samples by Maralgo Mines Ltd. Bulk Sample 1 returned 0.21% Cu, 0.96% Ni, 0.11% Co and 0.10% Zn, and Bulk Sample 2 returned 2.83% Cu, 0.58% Ni, 0.10 Co and 0.13 Zn.
– A resource* calculation of 385,000 tons of 1% Cu + Ni on the B Zone was outlined by Jade Oil & Gas. They drilled 23 holes to test Zones A and B in the mid 1950's. Highlights include 2.5% Cu+Ni over 7.6 m and 2.8% Cu+Ni over 8.2 meters. *The resource calculation is historical in nature and is not NI43-101 compliant; it is not to be relied upon and is reported as a historical statement only.
– Geophysical data from magnetics, horizontal loop EM (HLEM) and induced polarization (IP) suggest a potential strike length of A and B Zones of approximately 800 meters.
– Limited exploration has been conducted on the C Zone other than a historical shaft. A recent (2021) grab sample in the shaft area muck pile by W. Hawkins, P. Eng returned 3.7 ppm Ag, 3940 ppm Cu, 1670 ppm Ni and 223 ppm Co. Geophysical surveys (magnetic, HLEM, and IP) support a potential strike length of C Zone of 1 kilometer.

References: Technical Report for Western Troy Capital Resources on the Warren Property (W. Hawkins P. Eng, 2021) and Maxmin, Magnetometer and VLF Surveys Evaluation Report, Whitesides and Massey Twp. Claims (C. Mackenzie Consulting Geologist, 1990)

"This strategic acquisition expands our exploration portfolio and discovery opportunity with a very complementary, second gabbro-hosted copper nickel sulphide project which shares a similar geological environment with our flagship Montcalm project. Both projects benefit from very cost-effective exploration due to their exceptional access, year-round exploration seasons, and proximity to the Timmins Mining Camp and all the advantages that come along with that," said Natasha Dixon, President and CEO. "We are eager to begin our summer exploration program with a diamond drill program at Warren, and then our team will move up the road to Montcalm," she added.

The Warren property is hosted within the Kamiskotia Gabbro Complex (KGC) and it is thought to be broadly equivalent to the Montcalm Gabbro Complex (MGC) but separated by a granitic arch. The MGC hosts the former Montcalm Mine which produced approximately 3.93 million tonnes grading 1.25% Ni, 0.67% Cu and 0.05% Co (OGS, Atkinson, B., 2010) (See Figure 2).

Gabbro complexes such as MGC and KGC are known to be prospective for magmatic nickel copper sulphide deposition as demonstrated by the Montcalm Mine located within the MGC. The Warren Project complements Mink's Montcalm property due to the distinctly similar prospective geological environments found in the MGC and the KGC, as well as the presence of significant Cu Ni zones on the Warren Project.

As highlighted above, the Warren Project has had a sporadic exploration history since the late 1920's to present day and a number of promising historical mineralized Cu Ni zones were outlined. The majority of the exploration completed to date on the property was completed in an area representing a very minimal portion of the property and completed well over 60 years ago. More recent geophysical surveys from the early 1990's and 2008-2009 outlined a series of untested targets along strike from known mineralization and/or new targets proximal to known mineralization. These targets are particularly evident in the accompanying magnetic and IP compilation map shown in Figure 3. As a result of this geophysical data being available, the Warren Project is drill ready with some minimal ground truthing of grids and occurrences.

Qualified Person:

Mr. Kevin Filo, P.Geo. (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this release. Note: Certain historical information pertaining to a historical resource estimate, is disclosed in this press release. The methods and parameters used to prepare this estimate and the category of the estimate is unknown. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and the issuer is not treating the historical estimate as current mineral resources or reserves.

About Mink Ventures Corporation:

Mink Ventures Corporation (TSXV: MINK) is a Canadian mineral exploration company exploring for battery metals in Ontario, Canada. It has a prospective, nickel copper cobalt exploration portfolio, with its Montcalm project, which covers approximately 40 km2 adjacent to Glencore's former Montcalm Mine with historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010), as well as the recent addition of the Warren Project, comprised of 14 patented mining claims covering 251 hectares. These complementary Ni Cu projects have excellent access and infrastructure and are in close proximity to the Timmins Mining Camp. After giving effect to the share issuance to commence the Option to acquire the Warren Project, the Company has 15,222,319 shares outstanding.

For further information about Mink Ventures Corporation please contact: Natasha Dixon, President & CEO, T: 250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T: 705-266-6818 or visit www.sedar.com.

Forward-Looking Statements

This press release includes certain "forward-looking information", including, but not limited to, statements with respect to the option to acquire the Warren Project, the share issuances and exploration work required to exercise the option, TSX Venture Exchange approval of the option agreement, and the prospectivity of the Warren Project and the Montcalm Project. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of MINK to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of exploration work; inability to raise the money necessary to incur the expenditures required to retain and advance the Warren Project and Montcalm Project; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; accidents, labour disputes and other risks of the mining industry; political instability, or delays in obtaining governmental and stock exchange approvals. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to MINK's filings with Canadian securities regulators available on SEDAR. These forward-looking statements are made as of the date hereof and MINK disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

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 ac curacy of this release.

Figure 1: Detailed Location Map
https://images.newsfilecorp.com/files/8332/172451_53f42f083473689a_001full.jpg

Figure 2: Regional Geology Map
https://images.newsfilecorp.com/files/8332/172451_53f42f083473689a_002full.jpg

Figure 3: Warren Project Compilation Map (Magnetics and IP)
https://images.newsfilecorp.com/files/8332/172451_53f42f083473689a_003full.jpg

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

20th Edition of Digital Transformation Summit, Singapore

Physical Conference on 14th of July

SINGAPORE, July 5, 2023 – (ACN Newswire) – In recent years, there has been a significant surge in the adoption of digital transformation solutions by businesses, driven by the recognition of the importance of leveraging new technologies to enhance customer value. Embracing digital transformation not only preserves valuable resources but also unlocks opportunities for generating additional revenue streams. Singapore’s outstanding digital transformation journey has garnered widespread acclaim.

One compelling case study showcased at the Digital Transformation Summit in Singapore focuses on the transformation journey of a prominent telecommunications company. This study explores the successful implementation of digital initiatives to improve customer experiences, streamline operations, and fuel business growth. The credit for Singapore’s digital transformation success lies in the government’s commitment to digitalization, the adoption of tech-powered strategies across various sectors, and a dedicated focus on purpose-driven transformation.

The 20th Edition of Digital Transformation is a comprehensive event that brings together over 150+ digital leaders. The event features presentations, panel discussions, real-life use cases, and industry tracks, providing attendees with a holistic understanding of the current market landscape, the latest technological innovations, and effective strategies to navigate the unique challenges of these unprecedented times.

Get ready to hear from these distinguished professionals at the Global CX Summit:

  • Justin Ong, APAC CISO & CPO, Panasonic Asia Pacific Pte Ltd.
  • David Tam, Regional CIO at Global Retail Markets, Liberty Mutual.
  • John Lee, Managing Director Asia Pacific, Global Resilience Federation
  • Nirupam S D, Senior Scientist, Head of IoT and Artificial Intelligence, Energy Research Institute
  • Ramya Pallempati, Associate Director – ASIA Business Technology Abbvie
  • Amit Gupta, Head of Security Governance, Risk and Control Bukalapak.
  • Rishi Ganiswaran, Head of Legal (Technology) and Chief Privacy Officer Yinson.
  • Kar Wee Ang, Director, The London Institute of Banking & Finance APAC.
  • Daniel Ong, Director, Solutions Architect, APAC Digital Realty.
  • Esther Tham, Design Lead, Thoughtworks.
  • Sunil Mundra, Principal Consultant-ADVISORY Thoughtworks.
  • Stu Garrow, Vice President of Asia Pacific Aiven
  • Ralph Ostertag, Director Digital & Technology Asia Pacific Heineken.
  • Miguel Rivera, Customer Engagement & Experience Lead, APMA Novartis Asia Pacific.

The event agenda will focus on the following topics:

  • The CDO’s Dilemma – Re-imagining the Digital Playing field
  • Ambient Computing and 5G leading the transition to everything digital
  • How to Adapt to a Changing Threat Landscape?
  • AI and Automation – Synergies for creating the Workforce of the Future
  • Staying Human-centric in a Digital Connected World – CX perspective
  • The New Normal: Dispelling Myths and Thriving in a Hybrid Workforce
  • Organizations and the Metaverse: How Collaboration Can Drive Innovation.

Who can Attend?

The Digital Transformation Summit in Singapore is open to Chief Information Officer, Chief Technology Officers, Chief Information Security Officer, Head of IT Infrastructure, Head of IT Operations, Heads of Information Security and Head of Analytics / AI from a variety of industries, including Government, BFSI & Fintech, Telecom, Education, Healthcare, Manufacturing, Logistics & Supply Chain, Ecommerce & Retail, Packaging, Pharma & Life sciences.

About Exito

Exito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.

For more information about the Digital Transformation Summit, Singapore, visit: https://digitransformationsummit.com/singapore/

Contact:
Mithun Gopinath
Manager – Projects
Exito Media Concepts
mithun.gopinath@exito-e.com



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

Dogtainers and Dr. Harry: Discover the Fascinating World of Animal Transit

SYDNEY, AU, Jul 5, 2023 – (ACN Newswire) – Animals Aboard with Dr. Harry, a brand new series, is set to launch on July 5, 2023. The show explores the fascinating stories of animals in transit around the globe, supported by one of the world's largest pet transportation companies, Dogtainers.

Dogtainers takes viewers on an extraordinary journey behind the scenes, offering a one-of-a-kind glimpse into the inner workings of quarantine centres, venturing into the depths of cargo planes, and revealing the incredible lengths involved in animal transportation.

Watch Dr. Harry and a cast of colourful human and animal characters as they navigate heartwarming reunions, rescue organisations, finding new homes for unwanted pets, and the intriguing transportation of large and dangerous exotic creatures.

Animals Aboard features animals, including adorable family pets, as well as working dogs in border security, and some remarkable exotic animals, like Azizi, a young giraffe needing to move from Adelaide Zoo to Monarto Safari Park in Southern Australia to join a new family.

The Dogtainers team is overjoyed to be a part of this phenomenal show, joining forces with the esteemed Australian television icon Dr. Harry Cooper. With their extensive experience of over 50 years in pet transport, they take immense pride in sharing their passion for safe animal transport with the Australian public.

"Reuniting families is the cornerstone of what we do. Witnessing the heartwarming sight of a dog leaping into the loving embrace of their owner will forever be a timeless joy. We're delighted to share this joy with the rest of Australia and proud to share our commitment to the safe and compassionate transport of every animal said," Simon Jackson, CEO of Dogtainers.

Along with Dr. Harry, the remarkable team members of Dogtainers, including Paul, Jonathan, Thomas, Kim, and Gabe, are instrumental in bringing these extraordinary pet transport stories to life. Their unwavering dedication and expertise play a vital role in ensuring these beloved animals' successful and heartwarming journeys.

Media contact:
Ben Rogers, marketing@dogtainers.com.au

About Dogtainers:

Dogtainers is an Australian pet transport company specialising in tailor-made pet travel solutions. Founded in 1971, they have been providing both domestic and international pet moving services for more than 50 years. They are Australia's largest pet relocation company by volume of animals moved each year and number of offices. Dogtainers prides themselves on their commitment to animal welfare and are members of IPATA.

Contact Information
Ben Rogers
Head of Marketing
marketing@dogtainers.com.au
+61 0413726740

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

INNIO Group Announces That Its Jenbacher Brand is a Winner of the COGEN Europe Recognition Award 2023 for Market Development

BRUSSELS, BELGIUM, Jul 5, 2023 – (ACN Newswire) – INNIO Group (INNIO*) today announced that its Jenbacher* product brand has been selected as a winner of the COGEN Europe Recognition Award 2023 for Market Development (Organization).



The Jenbacher team, as part of INNIO, was recognized for its expertise in designing truly integrated energy systems that can be replicated at the local level across diverse settings and in various applications in both communities and industries. The jury lauded the Jenbacher experts for their approach to sector development, which focuses on the cost-effective decarbonization of entire energy systems while following system integration principles.

COGEN Europe referenced four major Jenbacher projects in Germany that demonstrate what future energy systems can look like: Stadtwerke Kiel AG, Stadtwerke Tubingen, Stadtwerke Bad Sackingen GmbH, and Burger Energie Neckar Enz (B.E.N.E.) GmbH & Co. KG. These projects combine wind and/or solar, cogeneration plants, renewable gases, large heat pumps, and storage with intelligent plant management.

Jenbacher technology is empowering industries and communities to reduce CO2 emissions significantly. All new Jenbacher engines can be converted to operate on up to 100% hydrogen once hydrogen is available.

"Efficiency must pay off! Only with cogeneration will it be possible to sufficiently relieve the electricity grids and thus ensure a secure, affordable, and climate-neutral energy future," said Dr. Olaf Berlien, president and CEO of INNIO. "Decentralized, flexible combined heat and power plants are needed to ensure a resilient power and heat supply."

"INNIO is helping Europe move toward climate neutrality," said Hans Korteweg, managing director for COGEN Europe. "INNIO's relentless search for reliable and efficient energy solutions is helping Europe meet energy needs while also empowering the way to net zero. INNIO's work as a pioneer in fuel flexible cogeneration serves as a prime example of developing, applying, and promoting cogeneration to help meet the energy challenges of today and tomorrow."

COGEN Europe Recognition Awards recognize organizations and individuals for their achievements in developing, applying, and promoting cogeneration in Europe. This year, the winners were chosen by a jury of industry professionals, NGOs, and representatives of the research community with broad sector knowledge.

About INNIO Group (INNIO)

INNIO* Group is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With our product brands Jenbacher* and Waukesha* and our digital platform myPlant*, we offer innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. INNIO is individual in scope, but global in scale. With our flexible, scalable, and resilient energy solutions and services, we enable our customers to manage the energy transition along the energy value chain wherever they are in their transition journey.

INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 4,000 experts provides life-cycle support to the more than 55,000 delivered engines globally through a service network in more than 100 countries.

INNIO's improved ESG Risk Rating again secures the number one position across more than 500 companies globally in the machinery industry assessed by Sustainalytics. For more information, visit the INNIO Group website at www.innio.com. Follow INNIO and its brands on Twitter and LinkedIn.

*INNIO, Jenbacher, Waukesha, and myPlant are trademarks of the INNIO Group or one of its affiliates. All other trademarks and company names are the property of their respective owners.

Contact Information
Susanne Reichelt
INNIO Media Relations
susanne.reichelt@innio.com
+43 664 80833 2382

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

Moderna Announces Global Regulatory Submissions for Its Respiratory Syncytial Virus (RSV) Vaccine, MRNA-1345

Cambridge, MA, Jul 5, 2023 – (ACN Newswire) – Moderna, Inc. (Nasdaq:MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today provided an update on regulatory submissions for mRNA-1345, a vaccine for the prevention of RSV-associated lower respiratory tract disease (RSV-LRTD) and acute respiratory disease (ARD) in adults aged 60 years or older.

The Company has submitted marketing authorization applications for mRNA-1345 with the European Medicines Agency (EMA), Swissmedic in Switzerland, and the Therapeutic Goods Administration (TGA) in Australia and has initiated the rolling submission process for a Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for the licensure of the mRNA-based RSV vaccine.

"We are proud to announce these filings for the use of our RSV vaccine candidate, mRNA-1345, in the European Union, Switzerland, Australia, and the U.S. RSV is a major cause of lower respiratory tract infections in older adults and can cause a significant burden to health systems through hospitalizations and emergency care admissions," said Stephane Bancel, Chief Executive Officer of Moderna. "Our mRNA platform has allowed us to move from initial clinical testing to our first international Phase 3 trial to initiation of regulatory submissions for mRNA-1345 in just two years, enabling us to tackle this pervasive public health burden with speed and clinical rigor. mRNA-1345 represents the second product coming from our mRNA platform to seek global approval, and with recent positive data in rare disease and cancer, we expect more in the future – further demonstrating the tremendous potential of mRNA to combat disease."

The regulatory applications are based on positive data from a prespecified interim analysis of the pivotal ConquerRSV study, a randomized, double-blind, placebo-controlled study of approximately 37,000 adults 60 years or older in 22 countries. The primary efficacy endpoints were based on two definitions of RSV-LRTD, defined as either two or more symptoms or three or more symptoms of disease. The trial met both its primary efficacy endpoints, with a vaccine efficacy (VE) of 83.7% (95.88% CI: 66.1%, 92.2%; p<0.0001) against RSV-LRTD as defined by two or more symptoms, and a VE of 82.4% (96.36% CI: 34.8%, 95.3%; p=0.0078) against RSV-LRTD defined by three or more symptoms. The vaccine was well tolerated with a favorable safety profile. Most solicited adverse reactions were mild or moderate, and the most commonly reported solicited adverse reactions in the mRNA-1345 group were injection site pain, fatigue, headache, myalgia, and arthralgia. The ConquerRSV study is ongoing, and additional efficacy analyses are planned as cases accrue, including for severe RSV. In addition to older adults, mRNA-1345 is being investigated in a fully enrolled, ongoing Phase 1 trial in pediatric populations.

In January 2023, the U.S. FDA granted mRNA-1345 Breakthrough Therapy Designation for the prevention of RSV-LRTD in adults aged 60 years or older, and mRNA-1345 was previously granted Fast Track designation by the U.S. FDA in August 2021. In Australia, the TGA submission will be evaluated under the Priority Pathway, following approval of the Priority Determination application for mRNA-1345 in April 2023.

Moderna's respiratory disease vaccine pipeline includes Phase 3 trials against influenza and a next-generation COVID-19 candidate. The pipeline also includes four additional influenza vaccines with expanded antigens, vaccines against other respiratory pathogens, and five combination vaccine programs.

About mRNA-1345

mRNA-1345 is an investigational RSV vaccine that consists of a single mRNA sequence encoding for a stabilized prefusion F glycoprotein. The vaccine uses the same lipid nanoparticles (LNPs) as in the Moderna COVID-19 vaccines. The F glycoprotein is on the surface of the virus and is required for infection by helping the virus to enter host cells. It exists in two states, prefusion and postfusion. The prefusion conformation is a significant target of potent neutralizing antibodies, and the protein sequences are largely similar across both RSV-A and RSV-B subtypes.

About Moderna

In over 10 years since its inception, Moderna has transformed from a research-stage company advancing programs in the field of messenger RNA (mRNA), to an enterprise with a diverse clinical portfolio of vaccines and therapeutics across seven modalities, a broad intellectual property portfolio and integrated manufacturing facilities that allow for rapid clinical and commercial production at scale. Moderna maintains alliances with a broad range of domestic and overseas government and commercial collaborators, which has allowed for the pursuit of both groundbreaking science and rapid scaling of manufacturing. Most recently, Moderna's capabilities have come together to allow the authorized use and approval of one of the earliest and most effective vaccines against the COVID-19 pandemic.

Moderna's mRNA platform builds on continuous advances in basic and applied mRNA science, delivery technology and manufacturing, and has allowed the development of therapeutics and vaccines for infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases. Moderna has been named a top biopharmaceutical employer by Science for the past eight years. To learn more, visit www.modernatx.com.

Moderna Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including regarding: the regulatory process with respect to mRNA-1345, including the potential for regulatory approval; Moderna's plans for further regulatory submissions for mRNA-1345 worldwide; the efficacy and safety and tolerability profile of mRNA-1345; the ongoing ConquerRSV study; and Moderna's expectations regarding future potential products, including in the areas of rare disease and cancer. The forward-looking statements in this press release are neither promises nor guarantees, and you should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, many of which are beyond Moderna's control and which could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These risks, uncertainties, and other factors include those other risks and uncertainties described under the heading "Risk Factors" in Moderna's Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the U.S. Securities and Exchange Commission (SEC) and in subsequent filings made by Moderna with the SEC, which are available on the SEC's website at www.sec.gov. Except as required by law, Moderna disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release in the event of new information, future developments, or otherwise. These forward-looking statements are based on Moderna's current expectations and speak only as of the date of this press release.

Moderna Contacts

Media:
Luke Mircea-Willats
Senior Director, International Communications
Luke.mirceawillats@modernatx.com

Investors:
Lavina Talukdar
Senior Vice President & Head of Investor Relations
617-209-5834
Lavina.Talukdar@modernatx.com

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

Spotlight on PX: digital tech to enable patient-centricity and agile care

KUALA LUMPUR, Malaysia, July 5, 2023 – (ACN Newswire) – What does the future of patient experience (PX) look like, and how do healthcare providers – working with limited resources – get there?

From what we hear from healthcare leaders, “patient-centricity” and “agility” will very much be at the heart of PX moving forward.

This means keeping a close ear on the ground to understand patients’ evolving needs, as well as new emerging knowledge or tools, and quickly adapting and responding to them.

The future of patient experience will be one of the key topics of discussion at the Hospital Management Asia conference, coming up 5 to 6 September 2023 in Kuala Lumpur.

Speakers will delve into the concept of care pathways or integrated workflows across the patient journey: which starts from before the patient books an appointment and steps into the facility, to after they are discharged.

Key Speakers:

Nadiah Wan, Chief Executive Officer of Thomson Hospital Kota Damansara, will be sharing her hospital’s work around establishing integrated workflows to enhance patient centricity.

Her hospital has built a real-time dashboard, which pulls together data across clinical and operational units, and across different patient touchpoints – allowing for quick data analysis to obtain actionable insights. With an integrated digital system combining access to medical records, billing processes and order supplies, the hospital now enjoys more seamless and efficient operations.

Dhillon Singh (Vice President, Customer Experience Management of HMI Group) will share how care providers can deliver more accessible stepdown care for patients after their discharge.

This includes providing patients with easy access to clinical advice post-discharge, whether they return home or are transferred to separate care facility; as well as making care information accessible to caregivers.

He will also speak on the role of digital platforms in enabling these. An example is creating a secure ‘passport’ holding the patient’s health information, which secondary care providers can refer to for better and faster decision-making.

The case for improving patient experience goes beyond patient loyalty and business outcomes.

Several studies have shown the association between good patient experience and improved clinical outcomes. For example, patients who report good care experience and communication with providers adhere better to medical advice and treatment plans. Studies of heart attack patients showed that those who had more positive care experiences had better health outcomes a year after discharge.

For providers looking at ways to improve their PX, measuring their existing programme and identifying gaps is a good place to start.

Keen to improve patient experience at your facility? Hear from Dhillon and Nadiah at the session “Creating agile care pathways to future proof patient experience for both chronic and non-chronic diseases”, part of the Patient Experience track at HMA 2023 conference.

Register at this link to book your slots today! Or check out the latest conference agenda here: https://www.hospitalmanagementasia.com/hma-2023/agenda/

Source (Organizer): Clarion Events, Hospital Management Asia

Media contact:
Yan Jun
yanjun.eu@clarionevents.com



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

TVS Motor Company and Apollo Tyres set a new 24-hour Indian National Speed Endurance Record on the TVS Apache RR 310; clocks 3,657 kms at an average speed of 152 km/h at NATRAX, Indore

  • TVS Apache RR 310 fitted with Apollo Alpha H1 tyres broke the previously held record of 3,141 kms in India
  • The challenge has made its way into the India Book of Records for covering 3657.92 kms in 24-hours, as certified by FMSCI

Singapore, July 5, 2023 – (ACN Newswire) – Dominating racetracks and unleashing its racing DNA, TVS Motor Company, a reputed manufacturer of two and three-wheelers globally, along with India’s leading tyre maker, Apollo Tyres Ltd, set a new Indian National Speed Endurance Record on TVS Apache RR 310 motorcycle shod with Apollo Alpha H1 tyres. As part of the 24-hour speed endurance challenge, a milestone of 3,657.92 kms was achieved at NATRAX, Indore – Asia’s longest highspeed track, as certified by FMSCI.


TVS Apache RR 310, the ultimate track weapon engineered by TVS racing is renowned for its exceptional power and agility. With a top speed of 173 km/hr, and an astounding average speed of 152 km/hr the TVS Apache RR 310 fitted with Apollo Alpha H1 tyres, proved its dominance on the racetrack, solidifying its position as a force to be reckoned with.

Fostering the company’s ‘Track to Road’ philosophy, the TVS Apache series recently achieved a significant milestone of five million global sales, solidifying its reputation as the fastest-growing premium motorcycle and earning the trust and loyalty of customers worldwide.

Commenting on this milestone, Mr. Vimal Sumbly, Head Business – Premium at TVS Motor Company, said, “Setting a new benchmark in speed and endurance, the TVS Apache RR 310 and Apollo Tyres have defied all limits during the 24-hour speed endurance race that put the motorcycle through such a rigorous challenge. This remarkable achievement is a testament to our commitment to innovation and performance. The TVS Apache RR 310’s exceptional performance on the track showcases its cutting-edge technology and unwavering reliability. We couldn’t be prouder of the entire team and the motorcycle’s capabilities, as it continues to push the boundaries of speed and endurance. This record-breaking accomplishment solidifies the TVS Apache’s position as a true champion in the world of motorcycling.”

Key highlights from the 24 hours Speed Endurance Challenge:

  • The team consisted of 18 riders who relayed on 3 TVS Apache RR 310 motorcycles, shod with Apollo Alpha H1 tyres, starting off the 24-hours speed endurance challenge at 10:00 AM IST on July 2, 2023
  • As part of the challenge, the riders covered a total of 322 laps, at an average speed 152 km/hr
  • The top speed recorded during the challenge was 173 km/hr
  • The challenge has made its way into the India Book of Records for covering 3657.92 kms in 24-hours
  • The key factors contributing to TVS Apache RR 310’s exceptional performance have been its advanced aerodynamic design, crafted in wind tunnel. This has yielded the best-in-class coefficient of drag, to achieve maximum downforce and minimum wind blast, and a higher top speed
  • The race derived power plant makes 34bhp, built to endure & perform at extreme conditions.

About TVS Motor Company:

TVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Sustainable Mobility with four state-of-the-art manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. Rooted in our 100-year legacy of Trust, Value, and Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. We are the only two-wheeler company to have received the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for consecutive four years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit www.tvsmotor.com

For more information, please contact:
Namrata Sharma – 81383034



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

IBO Technology Intends to Invest in Xingang Electronics

HONG KONG, Jul 5, 2023 – (ACN Newswire) – IBO Technology Company Limited ("IBO Technology" or the "Company", together with its subsidiaries, the "Group"; stock code: 2708.HK) is pleased to announce that the Group has entered into a letter of intent with Mr. Teng Da Cheng to invest in Shandong Xingang Electronic Technology Company Limited* ("Xingang Electronics"), strengthening the Group's capabilities in the PRC's electronic cigarette field and facilitating the Group's in-depth deployment in the electronic cigarette market in the PRC.

Mr. Teng Da Cheng is the largest shareholder of Xingang Electronics, holding 49.9% equity interest. Founded in 2001 and headquartered in Weifang, Shandong, Xingang Electronics is mainly engaged in the research and development ("R&D"), production and sales of capacitive/digital switch type airflow sensors, disposable/rechargeable functional airflow sensors, MEMS airflow sensors, electronic, cigarette controller "customised" modules, ECM microphones and MEMS sensors. Xingang Electronics is a professional acoustic device and MEMS sensor product total solution provider and a leading high and new technology enterprise in the field of ECM microphone and MEMS sensor in the PRC. Xingang Electronics sets up R&D centres in Singapore, Beijing, Shenzhen and Qingdao, and has reached strategic cooperation with Chinese Academy of Sciences, Singapore Science and Technology Bureau, Shandong University and Jilin University to build R&D platforms for MEMS microphone /MEMS sensor, equipped with more than 70 technical patents and 100 proprietary technologies, as well as a team of dozens of experts and more than 40 R&D engineers.

Subject to the Group conducting financial, legal and business due diligence on Xingang Electronics and being satisfied with the results, the Group intends to acquire equity interest in Xingang Electronics held by Mr. Teng Da Cheng at a price with reference to valuation of not exceeding 20 times of the annual net profit of Xingang Electronics. Xingang Electronics intends to establish and complete an offshore red chip structure in which Mr. Teng Da Cheng will hold an indirect shareholding in Xingang Electronics through an offshore holding company. After the completion of the offshore red chip structure, the Group has the right to choose to issue shares, convertible bonds, promissory note and cash or such other instrument of the Company to satisfy the consideration. The issue price of the consideration shares or conversion price of the convertible bond shall not be higher than HK$0.75 per share.

Subsequent to the earlier announcement of investment in Hangzhou Yixin Micro Technology Co., Ltd.* ("Hangzhou Yixin"), a company that integrates the research and development, production and sales of constant pressure and constant power airflow sensing chips and the appointment of Mr. Zhong Zhi Xiong, who has extensive industry knowledge and solid management experience in the electronic cigarette industry in the PRC, as co-chief executive officer, the Group announced its intention to invest in Xingang Electronics, which has strong capability in the PRC's electronic cigarette field, demonstrating its determination to invest in the development of electronic cigarette business in the PRC. The Group develops related business with a multi-pronged approach, and it will help the Group quickly build a solid foundation for future growth and capture golden opportunities in the industry.

Mr. LAI Tse Ming, Chairman and Executive Director of IBO Technology, said, "Being actively committed to diversified business development is the Group's vision in the future, and the electronic cigarette business in PRC will be one of the Group's business focuses. We are pleased to have entered into a letter of intent with Mr. Teng Da Cheng to invest in Xingang Electronics, and we are confident that Xingang Electronics will maintain an expedited development and strengthen its presence in the PRC's electronic cigarette market, thus gradually developing into a world-class provider of electroacoustic/sensor integrated solutions. Looking forward, we strive to continuously identify suitable investment targets in the market with high technology level and huge development potential, such as Hangzhou Yixin and Xingang Electronics. Adhering to the principle of promoting high-quality growth, the Group will step up its efforts in the deployment in the electronic cigarette market in the PRC, to promote the growth of its business scale."

About IBO Technology Company Limited
IBO Technology Company Limited (Stock code: 2708.HK), a leading digital solutions provider, is principally engaged in providing 5G communication equipment and private network solutions, ITAI terminal products and industry solutions, IoT products and solutions, as well as industrial digital solutions in the PRC. The Group's businesses mainly cover four areas, namely (i) intelligent terminal products sales; (ii) system integration; (iii) software development; and (iv) system maintenance services. With nearly 20 years penetration in the IoT industry, the Group serves customers from both the public and private sectors in the PRC, including government authorities, large-scale state-owned enterprises and private enterprises. On 29 May 2023, IBO Technology Company Limited announced an investment in Hangzhou Yixin Micro Technology Co., Ltd.*, in order to commence chip manufacturing business.

For more details, please visit: http://www.ibotech.hk/

* The English name is not the official name and is translated for reference purpose only.


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