Hong Kong Investor Relations Association Announces Winners of the 9th IR Awards 2023

HONG KONG, Jun 28, 2023 – (ACN Newswire) – Hong Kong Investor Relations Association ("HKIRA") today announced the winners of the 9th Investor Relations Awards 2023 (the "IR Awards" or the "Awards").
Friends from the investment community and industry professionals attend the 9th Investor Relations Awards Presentation Ceremony


In its ninth consecutive year, the Awards recognises and honours investor relations ("IR") excellence and best practices among Hong Kong listed companies and IR professionals. With the post-pandemic era, the Investor Relations Awards Conference and Awards Ceremony have been fully resumed this year, with IR experts and professionals invited to join discussions sharing their different perspectives on strategies, latest trends, effective processes and best practices of investor relations. HKIRA was particularly honoured to have Mr Joseph Chan, JP, Under Secretary for Financial Services and the Treasury, as the guest of honour and keynote speaker at the Awards Presentation Ceremony.

The 9th IR Awards 2023 had widespread support from listed companies and the investment sector. There were a total of 126 companies participated in the Awards this year. As in previous years, the award winners were first nominated by the public, then selected via online polling by qualified voters among buy-side and sell-side investors. More than 740 investors from over 290 financial institutions voted this year. The continued support is proof of the recognition the IR Awards enjoys in the investor community. With investor relations gaining emphasis in the industry, HKIRA has kept striving to enhance the standard of IR excellence in Hong Kong by optimising the award mechanism to make sure of the quality of the awards.

Mr Joseph Chan, JP, Secretary for Financial Services and the Treasury, said, "Investor relations plays an important role in the development of Hong Kong's capital market. Through transparency, credibility, and effective communication, IR professionals help ensure investor confidence, hence maintain Hong Kong's position as a premier fundraising platform."

Of all the award categories, "Overall Best IR Company" is the most prestigious as the winner is selected by the judging panel among the winners of all the award categories for demonstrating all-round exemplary performance in investor relations. This year, the winners of Overall Best IR Company by company size – Large Cap and Mid Cap – are China Resources Beer (Holdings) Company Limited and Xtep International Holdings Limited. The Judging Panel concurred to withhold the Overall Best IR Company Award for Small Cap and looked forward to ongoing efforts in the adoption of IR best practices by Small Cap companies and the listed companies in Hong Kong as a whole."

Dr Eva Chan, Founding Chairman of HKIRA, said, "As the post-pandemic era dawns upon us, we are thrilled to be graced with the unwavering support and personal attendance of our member companies, investor relations experts, and valued friends from the investment community. Coming together to share insights on the best practices and the intricacies of investor relations is a great source of joy for us. We truly believe that this gathering holds significant meaning for us all, and we envision it as the beginning of a new chapter that we can co-create and cherish together."

"In the past year, the lackluster performance of the capital markets took a toll on the share values of publicly traded companies, dampening their enthusiasm to vie for the IR Award. Consequently, the number of contenders competing for the IR Award this year has declined by 18% compared to the previous year. To uphold the standard of the IR Award, the panel judge has decided to reduce the number of awards this year. With the waning interest of US and European investors in Hong Kong's stock market, the listed companies have to diversify their shareholders' base by continuing communications with investors all over the world. This year, there is a need to further enhance the interaction between companies and investors in the capital market, and increase its capacity to support the long-term development of Hong Kong's listed companies in both local and global capital markets."

Strategic Public Relations Group is again proud to be the Official Public Relations Partner and Diamond Sponsor of HKIRA IR Awards 2023.

Winners of the 9th IR Awards include the following companies (in sequential order of tickers):
Tickers Company
1 CK Hutchison Holdings Limited
14 Hysan Development Company Limited
17 New World Development Company Limited
35 Far East Consortium International Limited
101 Hang Lung Properties Limited
135 Kunlun Energy Company Limited
173 K. Wah International Holdings Limited
178 Sa Sa International Holdings Limited
272 Shui On Land Limited
291 China Resources Beer (Holdings) Company Limited
331 FSE Lifestyle Services Limited
388 Hong Kong Exchanges and Clearing Limited
405 Yuexiu Real Estate Investment Trust
435 Sunlight Real Estate Investment Trust
511 Television Broadcasts Limited
517 COSCO SHIPPING International (Hong Kong) Co., Ltd.
551 Yue Yuen Industrial (Holdings) Limited
659 NWS Holdings Limited
700 Tencent Holdings Limited
726 DIT Group Limited
778 Fortune Real Estate Investment Trust
823 Link Real Estate Investment Trust
887 Emperor Watch & Jewellery Limited
1044 Hengan International Group Company Limited
1070 TCL Electronics Holdings Limited
1200 Midland Holdings Limited
1361 361 Degrees International Limited
1368 Xtep International Holdings Limited
1810 Xiaomi Corporation
1811 CGN New Energy Holdings Co., Ltd.
1830 Perfect Medical Health Management Limited
1929 Chow Tai Fook Jewellery Group Limited
2020 ANTA Sports Products Limited
2191 SF Real Estate Investment Trust
2199 Regina Miracle International (Holdings) Limited
2313 Shenzhou International Group Holdings Limited
2778 Champion Real Estate Investment Trust
3800 GCL Technology Holdings Limited
3998 Bosideng International Holdings Limited
6110 Topsports International Holdings Limited
6909 BetterLife Holding Limited

For the complete list of winners, please visit: https://hkira.com/awards/ehall2023.php.

Judging Panel
— Professor Louis Cheng (Chairman of Judging Panel)
The Hang Seng University of Hong Kong – Dr. S H Ho Professor of Banking and Finance, Director of Research Institute for Business, Director of the Research Centre for ESG
— Dato' Seri CHEAH Cheng Hye MAoF
Value Partners Group – Co-Chairman And Co-Chief Investment Officer
— Mrs. Amy Donati
EDICO Holdings Limited – Executive Director and Chief Executive Officer
— Ms. Ashley Khoo, CFA, CPA
CFA Society Hong Kong – Past President and Board Director
— Mr Stephen Law
Hong Kong Institute of Certified Public Accountants – Council Member
— Mr. Andrew Look
CITIC Resources Holdings Limited – Independent Non-Executive Director
— Ms. Victoria Mio, CFA, FRM
FIL Investment Management (Hong Kong) Limited – Director, Asia Pacific Equity
— Mr. Maurice Ngai
General Committee and the Chairman of Membership Services of the Sub-Committees
Chamber of Hong Kong Listed Companies

About HKIRA
Hong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.

HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,300 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 64% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA's members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.

About the IR Awards
The HKIRA Investor Relations Awards (the "IR Awards") is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.

The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year's achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards.

Media enquiries:
Strategic Public Relations Group
Cindy Lung Tel: +852 2864 4867 Email: cindy.lung@sprg.com.hk
Holly Szeto Tel: +852 2864 4859 Email: holly.szeto@sprg.com.hk
Michelle Shiu Tel: +852 2864 4861 Email: michelle.shiu@sprg.com.hk
Website: www.sprg.asia

Hong Kong Investor Relations Association
Hamon Lau Tel: +852 2117 1846 Email: irawards@hkira.com
Website: www.hkira.com


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

Pacific Green Completes Transaction to Sell Its 99MW Richborough Energy Park Battery Development for GBP 74 Million (US$93 Million)

DOVER, DE, Jun 28, 2023 – (ACN Newswire) – Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB:PGTK) announces that it has completed the sale of 100% of the shares in Pacific Green Battery Energy Parks 1 Limited ("PGBEP1") to Sosteneo Fund 1 HoldCo S.a.r.l, an energy transition focused fund for GBP74 million (US$93 million).

PGBEP1 is the holding company for 100% subsidiary, Richborough Energy Park Limited, Pacific Green's 99MW battery energy storage system ("BESS") at Richborough Energy Park ("REP") which begins operations later this summer.

Scott Poulter, Pacific Green's CEO, commented: "The sale of Richborough Energy Park creates the platform for Pacific Green to now scale its Battery Park division internationally. This is a very exciting time for the business and we are proud to be part of the drive to net-zero."

Pacific Green were advised by JLL Energy and Infrastructure and Gowling WLG.

About Pacific Green Technologies, Inc.:

Pacific Green is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers Battery Energy Storage Systems and Concentrated Solar Power (CSP) to complement its marine environmental technologies and emissions control divisions. Pacific Green has offices in the USA, Canada, United Kingdom, Australia, Saudi Arabia and China. For more information, visit Pacific Green's website: www.pacificgreentechnologies.com

About Sosteneo Energy Transition Fund:

Sosteneo Energy Transition Fund is a Luxembourg Sca Sicav-Raif collective investment vehicle managed by Generali Investments Luxembourg S.A.

Generali Investments Luxembourg S.A, is a Luxembourg based Management Company that sets up and operates a wide range of investment fund structures on behalf of Generali Group asset management companies and third-party clients.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the continued development of Richborough Energy Park, any potential business developments and future interest in the Company's battery, solar and emissions control technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the continuation of the development of Richborough Energy Park, general economic and political conditions, and the ongoing impact of the COVID-19 pandemic. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in the Company's annual report on Form 10-K for the most recent fiscal year, the Company's quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies, Inc.
T: +1 (302) 601-4659

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

HarperCollins Announces New Book by Best-Selling Author Alex Tapscott

TORONTO, ON, Jun 28, 2023 – (ACN Newswire) – In his timely new book Web3: Charting the Internet's Next Economic and Cultural Frontier (HarperCollins), award-winning author and technology investor Alex Tapscott provides a cutting-edge guide to the Internet's next era. Web3 is now available for preorder and will have its North American release September 19th.


The Web, and with it the Internet, are entering a new era. In this indispensable book, Alex Tapscott, co-author of the best-seller Blockchain Revolution and co-founder of The Blockchain Research Institute, reveals the technologies and concepts that will lead to the biggest shake-up of business, culture, and society in a generation.

Over the past three decades, we have moved from the "Read-only Web," which had little more than static content, to the "Read-Write Web," which turned internet users into content creators and offered endless opportunities to collaborate. While this new Web revolutionized the media, retail, and other industries, intermediaries and tech giants became gatekeepers, enacting barriers, imposing tolls, and stifling innovation.

Enter Web3, the "Read-Write-Own Web"- a decentralized Internet where individuals own their own identities and can securely trade assets like money, securities, intellectual property, art, and data peer to peer. Web3 allows us to reimagine all industries and support greater global participation in our digital economy.

The book has received significant advance praise from leaders in business, government, media and beyond:

"Web3 will have a profound impact on the global economy and our society. Alex Tapscott has once again stepped up with timely and essential guidance to help us navigate the tremendous change underway — and the challenges and opportunities ahead." – Dan Schulman, CEO, Paypal

"Web3 is a breathtaking innovation that holds great promise but also peril for those who dismiss the future. Tapscott has written a book we need as we enter a new epoch for computing and for society." – Larry Summers, former United States Secretary of the Treasury

"With the rise of generative AI, the metaverse and the next generation of blockchain, Web3 is now a breakthrough platform for innovators to rebuild the world of business and the global economy for a new era of prosperity. This extraordinary book shows how." – Klaus Schwab, Founder, World Economic Forum

"With Web3, Tapscott has captured the zeitgeist. With clarity of thought and deep insights, this book explores Web3's immense potential." – Steve Wozniak, Co-founder Apple

Like all revolutionary innovations, Web3 comes with immense promise and potential peril for leaders in business and society. Tapscott's Web3 is an essential field guide to the internet. It is a book for everyone who cares about the future and wants to play a role in shaping it.

About the Author

Alex Tapscott is a globally recognized writer, speaker, investor, and advisor focused on the impact of emerging technologies – such as blockchain and cryptocurrencies – on business, society, and government. Alex is the Managing Director of the Digital Assets Group at Ninepoint Partners, a leading independent investment firm. Alex is also co-author of the critically acclaimed non-fiction best-seller, Blockchain Revolution. In 2017, Alex co-founded the Blockchain Research Institute (BRI), a global think-tank investigating blockchain strategies, opportunities, and use-cases. Alex is a graduate of Amherst College (Cum Laude) and a CFA Charterholder. He lives in Toronto. To learn more about Alex please visit: www.alextapscott.com

Contact Information:
Heather N. Drucker
Senior Director of Publicity, Harper Perennial & Harper Paperbacks, Harper – HarperCollinsPublishers
heather.drucker@harpercollins.com
(212) 207-7468

Roya Hussaini
Director of Administration, Blockchain Research Institute
roya@tapscott.com
(647) 972-9226

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

CITIC Telecom and Subsidiaries Showcase at MWC Shanghai 2023, Embracing Innovation – Connecting the Future

HONG KONG, Jun 28, 2023 – (ACN Newswire) – CITIC Telecom International Holdings Limited (CITIC Telecom; SEHK:1883), Asia-Pacific leading multinational internet-oriented telecommunications enterprise, has joined hands with its subsidiaries including Companhia de Telecomunicacoes de Macau, S.A.R.L. ("CTM"), CITIC Telecom International CPC Limited ("CITIC Telecom CPC") and China Enterprise ICT Solutions Limited ("China Entercom") to exhibit at GSMA MWC Shanghai 2023 (MWC Shanghai 2023). Under the unified planning and guidance of CITIC Group, CITIC Telecom joined this signature event to showcase themes focused on top-notch development resources for the "Belt and Road Initiative", 5G intelligent applications of "Digital Macau" and the "Metaverse multiplayer collaboration platform". CITIC Telecom's various smart projects are designed to foster innovations, accelerate digital transformation, create new opportunities, and drive growth in new business areas.







Mr. Brook Wong, Vice President of CITIC Telecom, said, "The theme of this year's event is 'Velocity', which offers an excellent opportunity for China's technology companies to unveil their powers in the new digital era. China is a leader in global mobile communications and is also the world's largest mobile communications market. As a key player in the mobile communications market, we have responsibility and confidence to leverage CITIC Group's global resources and breakthrough technologies to connect with the world, people, community, and "Connecting the Future". We believe this will enable everyone to reap the benefits of technological advancements."

Connecting with the National Strategy to Unveil Commitment of Chinese Enterprises
As an important component of CITIC Group in the new consumption segment, CITIC Telecom is a leading multinational telecommunications and ICT service provider in Asia Pacific. It plays a leading force in technological innovation while also being the most preferred telecommunications service provider to assist Chinese enterprises in their global expansion and attract foreign enterprises to invest in China.

CITIC Telecom and its subsidiaries will showcase five diversified businesses, four major segments and global infrastructure including mobile, internet, international telecommunications, enterprises solutions and fixed-line services, with worldwide coverage. Exhibit highlights include upgraded 1-card-multi-number service platform for Guangdong-Hong Kong-Macau Greater Bay Area, digital and intelligent cross-border mobile network security service platform, core enterprise communications service platform in Asia Pacific, global data volume trading platform, global operator business and CTT (CITIC Telecom Tower) data center services.

Mr. Brook Wong, Vice President of CITIC Telecom, said, "Our services have fully unleashed the wisdom of CITIC Group and the expertise of CITIC Telecom in the digital era by integrating the Group's extensive resources and business excellence to contribute to the strategic development of China's digital economy."

Connecting with Community and Livelihood to Unlock Benefits of Technological Advancements
"5G Transformation" is one of the three themes of MWC Shanghai 2023. 5G development aims to serve the economy and community, contribute to the digital transformation of enterprises as well as to provide the public with accessible, affordable, and advanced services.

In the exhibition pavilion of CITIC Telecom's subsidiary, CTM, visitors can fully understand every aspect of CTM's active support and participation in the developments of Macau, Guangdong-Macau In-Depth Cooperation Zone in Hengqin and Guangdong-Hong Kong-Macau Greater Bay Area. CTM's support and participation range from deploying various smart applications, Cloud-Network Integration, and Big Data platforms to propel the diversified economic development and the improvement of people's livelihood in Macau.

Connecting with the "Belt and Road Initiative" to Jointly Derive Development Opportunities
The year 2023 marks the 10th anniversary of China's "Belt and Road Initiative". Under the leadership of CITIC Group, CITIC Telecom and its subsidiaries CITIC Telecom CPC and China Entercom have supported economic development of the regions and countries along the "Belt and Road" for years. They have leveraged Chinese wisdom to connect with different countries and markets, enabling everyone to widely deploy "Cloud, Network, Intelligence, Security" solutions to boost digital capabilities, jointly address challenges to "go global" and attract foreign investment during digitization journey as well as create new possibilities.

Empowering the "Belt and Road Initiative" through smart innovations becomes a key focus of the CITIC Telecom pavilion. Visitors can gain insights into how CITIC Telecom CPC and China Entercom are creating an integrated cloud-network infrastructure that optimizes network connectivity through an intelligent platform, which provides seamless connectivity across all elements in the enterprise production chain while creating world-class global network resources for RCEP countries along the Belt and Road.

With global coverage spanning five continents, the company complements 160+ network POPs, 60+ SD-WAN gateways, 30+ data centers, 21 cloud services centers, and 3 round-the-clock security operations centers (SOCs). Backed by a team of professionals and Global-Local one-stop managed services capabilities, it helps drive a high-quality development of a digital economy.

Connecting with Different Industries to Unleash the Power of Digitization
"Digital Everything" is another theme of MWC Shanghai 2023. Digital technology has become an important engine for driving high-quality economic development. It stimulates the rapid development and transformation of different business sectors, explores various new opportunities in the economy and community, develops new business tracks and at the same time brings different new challenges. Traditional industries and enterprises need to continuously explore the possibility and feasibility of digital innovations, put them into practice and create excellent services that are both economical and in high quality.

In CITIC Telecom's pavilion, beyond the integrated "Cloud, Network, Intelligence, Security" services to help enterprises build a secure, reliable, intelligent, and efficient digitized framework, CITIC Telecom CPC and China Entercom will jointly showcase "Intelligence Operation Journey," a series of AI-enabled solutions to digitally accelerate enterprises' end-to-end operations. For instance,
— "Smart Manufacturing" simplifies production processes and procedures through intelligent automation.
— "Smart Ledger" eliminates language barriers and improves data entry processes while ensuring business compliance.
— "Smart Security" unveils a Visual information security shield through artificial intelligence algorithms.
— "Smart Access Management" ensures fast, accurate, and efficient recognition and access management in one go.
— "Smart Maintenance" provides easy access to operations and maintenance, training, and sales via AR without geographical, time, and technology constraints while enhancing efficiency.

Connecting with the Future to Make it Real and Accessible
"Reality+" is the other key focus of MWC Shanghai 2023, meaning facing the future. CITIC Telecom and its subsidiaries are steadfast in its core value of "Embracing Innovation, Connecting the future." The company always upholds the "Innovation Never Stops" business philosophy, and its subsidiaries have bolstered the philosophy by developing ground-breaking and reinventing solutions.

A key exhibit, the "Metaverse multiplayer collaboration platform – AR interactive experiences" exemplifies the applications of AI technology.

In this year's exhibition, CITIC Telecom CPC and China Entercom will demonstrate for the first time how XR technology (MR+AR+VR) and AI can be used to scan, map and enhance the physical space, creating a metaverse that integrates real and virtual worlds. The metaverse allows people from different locations to interact and collaborate. By integrating emerging digital technologies with the real businesses, it creates an intelligent digital space and business operating system for enterprises, and optimizes the efficiency of the real world through analysis, association, simulation and enhancement in the virtual world. Related projects of the solution have won several international awards such as "Digital Transformation Project of the Year" at the Asia Communication Awards and The Innovation Award at Datacloud Global Awards.

See You at Our Booth D90 in Hall N4
Intelligent innovation never stops and there are unlimited opportunities in connecting with the future. Moving towards an intelligent world and digital era, countries, communities and enterprises have put forward higher requirements for digital infrastructure. CITIC Telecom cordially invites global operators, ecosystem partners, and corporate customers to visit our booth, share insights with us, and discuss how to leverage innovation to seize digital opportunities and connect with the future. Look forward to seeing you at our booth D90 in Hall N4.

About CITIC Telecom International Holdings Limited (stock code: 1883)
CITIC Telecom International Holdings Limited was established in 1997 in Hong Kong, and it was listed on The Stock Exchange of Hong Kong Limited on 3 April 2007. As one of the largest international telecommunications hubs in Asia Pacific, the Group provides full-scale international telecommunications services to carrier clients around the globe, and integrated enterprise services in Southeast Asia through its wholly-owned subsidiary Acclivis Technologies and Solutions Pte. Ltd. CITIC Telecom International CPC Limited ("CPC"), the Group's other wholly-owned subsidiary, provides one-stop ICT solutions to multinational and business enterprises. CPC is one of the most trusted partners of these clients in the Asia-Pacific region and provides comprehensive ICT services to major enterprises and multinational corporate clients in Chinese mainland through its subsidiary China Enterprise ICT Solutions Limited. The Group holds 99% equity interest in Companhia de Telecomunicacoes de Macau, S.A.R.L. ("CTM"). CTM is one of the leading integrated telecommunications services providers in Macau, and is the only full telecommunications services and ICT services provider in Macau. With a leading position in the market, CTM plays an important role in the ongoing development of Macau. The Group has established branch organisations in 22 countries and regions with more than 2,500 employees and over 160 PoPs globally. The Group's business covers more than 150 countries and regions, and connects to over 600 operators in the world and serves over 3,000 multinational corporations and 40,000 local enterprises. CITIC Group Corporation, a large multinational conglomerate headquartered in the People's Republic of China, is the ultimate holding company of CITIC Telecom.

For more information, please visit: www.citictel.com.

Media enquiries:

Strategic Financial Relations Limited
Veron Ng Tel: +852 2864 4831 Email: veron.ng@sprg.com.hk
Keris Leung Tel: +852 2864 4863 Email: keris.leung@sprg.com.hk
Iris Au Yeung Tel: +852 2114 4913 Email: iris.auyeung@sprg.com.hk
Email: citictelecom@sprg.com.hk

Catherine Yuen
CITIC Telecom CPC
(852) 2170 7536
Email: catherine.yuen@citictel-cpc.com


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

SCIB Announces Restructuring at Board Level

KUCHING, MALAYSIA, Jun 28, 2023 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB, Bursa: SCIB, 9237) today announced the appointments of Abang Abdillah Izzarim bin Tan Sri Datuk Patinggi Abang Haji Abdul Rahman Zohari as Executive Chairman and Marcus Chin Choon Wei as Executive Director.
Abang Abdillah Izzarim Bin Tan Sri Datuk Patinggi Abang Haji Abdul Rahman Zohari,
Executive Chairman of SCIB

Marcus Chin Choon Wei, Executive Director of SCIB

Ku Chong Hong, Managing Director of SCIB


Abang Abdillah Izzarim is the Chairman of the PP Telecom and a director for Cempaka Helicopter Corporation Sdn Bhd. Marcus Chin Choon Wei is the Chief Financial Officer of Artroniq Berhad, as well as an Executive Director at APB Resources Berhad.

At the same time, the Company is also announcing the appointments of Mr. Kang Wei Luen, Dr. Dang Nguk Ling, and Mr. Liaw Way Gian as Independent Non-Executive Directors, with immediate effect.

Mr. Liaw is an Executive Director and Chief Executive Officer (CEO) of Artroniq Berhad, while Mr. Kang is an Independent Non-Executive Director of Artroniq and APB Resources Berhad. Dr. Dang Nguk Ling is an Independent Non-Executive Directors of APB Resources Berhad where Mr. Liaw also serves as an Executive Director.

SCIB also announced the resignation of Group Chief Executive Officer and Managing Director, Encik Rosland Bin Othman today as well as three Independent Non-Executive Directors, namely En. Noor Azri bin Azerai, En. Mohd Shakir bin Shahimi, and En. Nuraiman bin Shaiful Annuar on Monday, 26 June.

Mr. Ku Chong Hong has since been redesignated to Managing Director, while En. Shamsul Anuar Bin Ahamad Ibrahim has been redesignated to Independent Non-Executive Director effective immediately.

Mr. Ku Chong Hong, the new Managing Director of SCIB, said, "I would like to thank the Board of Directors of SCIB for this appointment, and I would like to extend a warm welcome to Abang Abdillah as our newly appointed executive chairman. I would also like to welcome Mr. Marcus to the Board of Directors (BoD) along with Mr. Kang, Dr. Dang and Mr. Liaw. Together with our recently appointed Independent Non-Executive Director Ms. Toh Beng Suan, their contributions and advice will help bring the Company to new levels of success. I look forward to working closely with them as SCIB will certainly be able to leverage on their experience and expertise."

"We would also like to wish En. Rosland bin Othman for his many years of dedication towards SCIB, and to En. Noor Azri bin Noor Azerai, En. Mohd Shakir bin Shahimi and En. Nuraiman bin Shaiful Annuar well and thank them for their guidance and advice in their time as directors of SCIB."

SCIB has been leveraging on its expertise as an engineering, procurement, construction and commissioning (EPCC) to seek opportunities in small-to-mid-sized projects in rural areas across Malaysia. The Company's wholly-owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SCIBIBS), was earlier this year awarded two school projects, an EPCC subcontract valued at RM16.8 million for the construction of Sekolah Kebangsaan Tambay, in Kota Samarahan and the rebuilding of a Daif school in Serian valued at RM20.65 million, both in Sarawak.

As at the end of 3QFY2023, SCIB's order book stood at a cumulative contract value of RM495.3 million.

Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

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

Perfect Medical Announces Annual Results for FY2022/23

HONG KONG, Jun 28, 2023 – (ACN Newswire) – Perfect Medical Health Management Limited (the "Company", Stock Code: 1830.HK), one of the largest aesthetic medical operators in the world, together with its subsidiaries (collectively referred to as the "Group"), is pleased to announce its annual results for the year ended 31 March 2023.

RESULTS HIGHLIGHTS
— The Group's revenue increased by 2.9% to HK$1,389.3 million, thanks to the better performance in recent months after the gradual relaxation of all social distancing measures in Hong Kong.
— The Group's EBITDA increased by 2.7% to HK$482.3 million.
— The Group's net profit increased by 3.4% to HK$315.6 million, representing the net profit margin of 22.7%. Basic earnings per share was HK25.3 cents.
— The Board recommends the payment of a final dividend and special dividend of HK12.3 cents per share and HK4.7 cents per share respectively. Together with the interim dividend of HK13.0 cents, the total dividend payout ratio is expected to be 118.6%.
— The Group operated a total of 294,000 square feet in Hong Kong, China, Australia and Singapore, with an addition of four shops in Hong Kong, Guangzhou, Shanghai and Beijing during the year.

For the year under review, the Group has recorded a year-on-year increase in both revenue and net profit, completely turnaround from the lackluster performance in the first half year under the pandemic. The Group's revenue increased by 2.9% to HK$1,389.3 million (FY2022: HK$1,350.0 million). At EBITDA level, the Group increased by 2.7% to HK$482.3 million (FY2022: HK$469.5 million). During the year, the Group has taken a prudent approach in our business expansion to better respond to the dynamic operating environment and to create shareholder value. Profit attributable to equity holders of the Company was HK$315.6 million, increased by 3.4% year-on-year (FY2022: HK$305.2 million), representing a net profit margin of 22.7% for the year (FY2022: 22.6%). Basic earnings per share was HK25.3 cents (FY2022: HK24.8 cents).

As at 31 March 2023, the Group operated a total of 294,000 square feet in Hong Kong, China and overseas.

Hong Kong Operation

Revenue from Hong Kong operation increased by 6.7% to HK$1,040.1 million (FY2022: HK$975.1 million), significantly rebound from a 21.5% decrease in the first half year, thanks to the pick up in shop traffic and utilization, compensated the business suspension of 20 days in April 2022 and the slow recovery in the first half year.

As at 31 March 2023, the Group has a well established network of service centres in Hong Kong covering a total of 189,000 square feet. During the year, the Group has opened an additional service centre in Yuen Long to capture additional demand in the surrounding areas.

In the past three years, the Group has been a fast mover in Hong Kong with our service area increasing substantially from 125,000 square feet in March 2020 to 189,000 square feet in March 2023. During the year, we observed a progressive improvement in shop traffic and utilization and a gradual return of new customers in Hong Kong.

As for the medical business, our offering comprises a range of complementary services including hair growth treatment, pain treatment, health screening service and others, to fully collaborate with our aesthetic medical services to form a full range of care towards a customers' lifecycle.

Regions outside Hong Kong

Revenue from regions outside Hong Kong decreased by 6.9% to HK$349.2 million (FY2022: HK$374.9 million), owing to the loss in revenue in mainland China but helped by the promising results in both Australia and Singapore. As at 31 March 2023, the Group has an extensive network in China, Macau, Sydney, Melbourne and Singapore, covering a gross service area of approximately 105,000 square feet.

For the year under review, our business in mainland China recorded a healthy profit throughout the whole year, demonstrating our time-proven business model and long history of establishment in China. In FY2023, the Group has opened three shops in strategic locations in Guangzhou, Shanghai and Beijing to strengthen our presence. With much similarities between Hong Kong and Singapore market, our performance has been outstanding in Singapore since its establishment in July 2021.

Prospects

Dr. Au-Yeung Kong, the executive director, chairman and chief executive officer of Perfect Medical, said that "the business environment is expected to be less volatile after the cessation of social distancing measures in Hong Kong and mainland China. In the post-pandemic era, we remained steadfast in our core strategy of "Healthcare + Medical Beauty" to satisfy the individual needs of the consumers.

Having operated for more than two decades in Hong Kong and elsewhere, it's our dedication to become a global aesthetic medical and healthcare operator in the coming future. We expect the normalization would create a room of opportunities in the consumer market.

In the Greater Bay Area and the Eastern China, we will increase our penetration gradually in order to lay a strong foundation for further expansion. As for the international expansion, efforts would be made to further penetrate into existing and new regions in the long run."

For further information of the Group's FY2022/23 annual results, please refer to the Company's Annual Results Announcement on the Hong Kong Stock Exchange website at: https://www1.hkexnews.hk/listedco/listconews/sehk/2023/0628/2023062800337.pdf

About Perfect Medical Health Management Limited
Perfect Medical Health Management Limited is a multinational aesthetic medical corporate and one of the largest aesthetic medical operators in the world established in 2003. The Group focuses primarily on non-invasive aesthetic medical services and medical services in Hong Kong, China, Macau, Australia and Singapore with a total service area spanning approximately 294,000 square feet. Our operation offers a broad spectrum of professional services with assurance of utmost safety and efficacy. The Company was included as a constituent stock of the MSCI Hong Kong Small Cap Index on 27 May 2021, demonstrating the confidence from the capital market and recognising the investment value of the Company.


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

Renowned Taiwanese luxury jewellery brand, ALUXE, takes centre stage with the launch of its first Singapore store at ION Orchard

SINGAPORE, June 28, 2023 – (ACN Newswire) – ALUXE, a Taiwanese luxury jewellery brand renowned for its unique designs and exceptional quality, is proud to announce the opening of its first Southeast Asian store in Singapore. Located in the prestigious ION Orchard, the new store marks a significant milestone in the company’s global expansion plan.

ALUXE sets foot in Singapore, showcasing its newest store within Singapore’s prime shopping belt, ION Orchard (PHOTO: ALUXE)

Derived from the phrase “A luxury moment,” ALUXE perfectly encapsulates the essence of those incredibly refined and treasured moments shared between two individuals. It also represents the concept and style upheld by the brand.

Boasting an extensive collection of elegant and sophisticated jewellery pieces, ALUXE has gained a massive following of loyal customers who appreciate the brand’s elegant designs and commitment to quality. As the leading wedding ring brand in Taiwan, ALUXE consistently achieves annual sales of over 30,000 wedding jewellery pieces. Additionally, it has become a go-to destination for couples in Taiwan who are embarking on their journey towards marriage.

“We are thrilled to be opening our first store in Singapore, a city that is vibrant and dynamic and is renowned for its fashion-forward culture, making it the perfect location for ALUXE’s latest retail venture. This marks an important milestone in our global expansion plan, and we are excited to introduce our brand to new customers in this region,” said John Yu, Founder and CEO of ALUXE.

Dedicated to creating exceptional jewellery pieces that add sparkle to every unique moment, ALUXE upholds the customer-centric business philosophy, providing every customer with the highest quality products, services and craftsmanship. Its expansion signifies the brand’s commitment to global growth and dedication to bringing exclusive jewellery pieces to a new pool of customers.

RG0013 Wedding Ring, The Moment Collection (left) and RSDS202 Engagement Ring, Disney Collection (right)
RG0013 Wedding Ring, The Moment Collection (left) and RSDS202 Engagement Ring, Disney Collection (right)

Along with the grand opening, ALUXE is proud to feature two collections: Disney Collection and The Moment Collections.

The Disney Collection, one of the best-selling champions in Taiwan, features 12 iconic series, bringing to life the magic of beloved characters and iconic tales. This collection is a captivating fusion of timeless elegance and enchanting storytelling for all ages. Contrary to mere childlike designs, each piece in the Disney Collection captures the essence and symbolism of the stories, infusing the design process with a touch of magic and profound meaning. The collection is also the exclusive choice for Disney-themed wedding and bridal jewellery.

The Moment Collection, is a brand-new line known for its striking elegance and timeless appeal. The collection features exquisite pieces, while ingeniously incorporating blue diamonds into the design of the wedding rings. The colour blue represents infinite connection and trust, symbolising the unique and eternal nature of each diamond. Meticulously crafted in Japan, these rings showcase impeccable craftsmanship and elegant styles, capturing every blissful moment between couples.

RMF0617 (left) and RMF0559S (right) Customisable Wedding Rings, acredo Collection
RMF0617 (left) and RMF0559S (right) Customisable Wedding Rings, acredo Collection

Additionally, ALUXE is delighted to feature the acredo Collection, a collection of world-class craftsmanship with first-class settings, where each piece is meticulously crafted, allowing customers to fully customise their rings to reflect their unique style and preferences.

Drawing on the expertise of German artisans, the acredo Collection offers exquisite pieces that are truly one-of-a-kind. With an extensive range of precious metals, diamonds, engravings and free-hand drawings, customers can embark on a creative journey to bring their vision to life. Interested customers may book their 1-on-1 consultation with ALUXE’s jewellery experts via the official website.

When one steps into the new ION store, they will be embraced by an inviting and luxurious atmosphere with a subtle pink interior adorned with marble and rose gold metal accents. Known for their warm hospitality, the ALUXE team wholeheartedly will ensure every customer who steps into the new ION store is greeted with top-quality service.

ION Orchard Store Details

● Address: ION Orchard, #B2-63, 2 Orchard Turn, Singapore 238801

● Opening Hours: 11am – 10pm Daily (Subject to changes)

● Telephone: +65-6015-0798

Website: https://www.aluxe.com/

Customers may call +65-6015-0798 to book an appointment and enjoy a personalised 1-on-1 consultation.



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

Vision Knight Capital-Backed Online Furnishings Brand Ziel Home Technology Lists on SZSE

ZHENGZHOU, China, Jun 28, 2023 – (ACN Newswire) – The successful IPO of online furnishings brand Ziel Home Technology signifies exceptional enterprises operating in overseas markets are likely to emerge successively and expedite integration into the financial market. The capital support is expected to propel the cross-border route into a phase of rapid growth in China, resulting in the emergence of prominent brands and multinational corporations that enjoy widespread popularity among international consumers.


On June 21, 2023, Ziel Home Furnishing Technology Co., Ltd ("Ziel Home Technology") successfully listed on the A-share GEM Board of the Shenzhen Stock Exchange (SZSE) under the stock code SZ:301376. This marked the second cross-border enterprise invested by Vision Knight Capital to list with an A-share IPO, following Anker Innovations (SZ: 300866).

Ziel Home Technology effectively achieved a successful IPO offering of 40.15 million shares at an issue price of CNY 24.66 (USD 3.41) per share, generating total funds of CNY 990 million (USD 137 million). The money will be allocated towards the company's primary business development such as the establishment of product R&D centers in Shenzhen and Dongguan, the expansion of overseas warehouses in the United States, Germany and the United Kingdom, and the construction and upgrading of the Zhengzhou headquarters operation and management center.

Founded in 2010, Ziel Home Technology specializes in the home and furniture sectors, utilizing detachable, flat panels for small and medium-sized products that fall under the category of fast-moving consumer goods (FMCG). The company has developed three major private brands, namely SONGMICS, VASAGLE, and FEANDREA, offering a product SKU of over 3,000. The company provides a comprehensive product portfolio for global consumers that cater to various living spaces such as the living room, bedroom, and patio.

In 2022, Ziel Home Technology achieved revenue of CNY 5.46 billion, with a compound annual growth rate (CAGR) of 36% from 2018 to 2022. In terms of main business segments, revenue generated from the furniture series amounted to CNY 2.59 billion, with a CAGR of 41%. The revenue generated from the home series amounted to CNY 1.87 billion, with a CAGR of 32%. The revenue generated from the patio was CNY 530 million, with a CAGR of 30%. The revenue generated from the pet series was CNY 380 million, with a CAGR of 33%.

Europe and North America are the two primary sales regions for Ziel Home Technology. In 2022, the company's revenue in Europe reached CNY 3.07 billion, with a CAGR of 33% from 2018 to 2022, while the revenue in North America exceeded CNY 2.24 billion, with a CAGR of 39%.

According to the world's leading provider of market and consumer data Statista, the global furniture and home furnishings market was approximately USD 1.3 trillion in 2021. Statista's latest data released on 1 June this year shows that the global furniture market size is expected to reach USD 931.9 billion by 2027, a CAGR of 21.63%, indicating a large room for market growth and expansion.

Ziel Home set up a design and R&D center in Los Angeles, as well as logistics and distribution centers in Western Europe, North America, and Japan. Its products are sold in more than 50 countries and regions worldwide. In recent years, the company has received honors such as "Amazon All-Star Seller" and "Amazon's Most Popular Brand Seller," and has exhibited commendably in international markets. According to Marketplace's statistics, the company ranks first in the furniture and home furnishings category on Amazon in Europe, and third in the United States.

In addition to the Amazon platform, Ziel Home Technology is developing its businesses on different online and offline channels. The company has already penetrated various sales channels, including Wayfair (the largest online furniture sales platform in the United States), Otto (one of Germany's largest domestic online retail e-commerce platforms), and Target (the second-largest retailer in the United States).

Vision Knight Capital and IDG Capital provided multiple investment rounds, empowering and supporting the long-term development of Ziel Home Technology

Ziel Home Technology's successful IPO could not have been achieved without the support of the relevant parties. Since 2019, Vision Knight Capital has demonstrated its commitment and support by taking two consecutive investment rounds. Vision Knight Capital has been supporting Ziel Home's growth in various aspects, including monthly business analysis, the expansion of product lines, the construction of the industry ecosystem, the building of the talent system, and various nodes in the IPO process. Apart from Vision Knight Capital, IDG Capital has also been continuously supporting Ziel Home since its first investment in 2018.

Wei Zhe, Chairman and Founding Partner of Vision Knight Capital, said, "Ziel Home Technology is positioned as the 'online IKEA', adhering to long term and accelerating development in multiple categories, channels, and regions. The company focuses on providing global consumers with a one-stop online shopping platform that integrates trendy aesthetics, economic feasibility, and an unwavering commitment to superior standards. As a shareholder, Vision Knight Capital extends its felicitations to Ziel Home in a successful IPO. We hope that Ziel Home will continue to provide enhanced comfort to households worldwide and contribute to the creation of improved living spaces."

Mr. Lian Meng, partner of IDG Capital, told EqualOcean, "IDG believes that Chinese furniture companies with global vision and localization landing capabilities will grow into global furniture brands in the future. With strong e-commerce operations and product development capabilities over the years, Ziel Home Technology has continued to strengthen its warehousing and logistics overseas and has seized the opportunity of the emergence of global furniture e-commerce. The pragmatic and steady style of Ziel Home instills optimism in us."

Mr. Song Chuan, Chairman of Ziel Home Technology said, "Ziel Home has emerged as a highly recognized online home furnishing brand in Europe and America, and has practiced the transformation and upgrading from Chinese manufacturing to Chinese branding. The successful IPO is an important milestone in the history of our company's development and marks the commencement of a new phase in our journey."

About Vision Knight Capital

Founded by former Alibaba CEO Mr. David Wei in 2011, Vision Knight Capital is a private equity fund with over CNY 17 billion in assets under management in both USD and CNY. It focuses on investments in internet, new channel, consumer brands empowered by internet, and B2B platform/services/products empowered by internet sectors in China. To date, Vision Knight Capital has helped more than 30 portfolio companies grow into unicorns and even super unicorns, including Smoore International Holdings Ltd (HK: 06969), Anker Innovations (SZ: 300866), Pop Mart International Group Ltd (HK: 09992) and Guoquan Shihui in addition to Ziel Home Furnishings Technology.

Vision Knight Capital has long been focused on the cross-border e-commerce track. It is one of the few fund managers in the market with dedicated and professional investment teams focusing on cross-border e-commerce. Vision Knight Capital has supported the A-share IPOs of cross-border e-commerce companies such as Anker Innovations and Ziel Home Technology. It has also invested in outstanding cross-border e-commerce brand companies such as consumer-level new energy brand RENOGY, cross-border swimwear brand Cupshe, toy and festival supplies brand Joyin, and cross-border footwear brand Miracle Miles.

Vision Knight Capital believes that in light of China's supply chain benefits and robust branding capabilities for international expansion, companies going overseas possessing favorable categories, brand potency, and formidable product development proficiencies will undoubtedly emerge as frontrunners in their respective domains. According to Mr. David Wei, "A wave of cross-border e-commerce brands from China's capital market will soon expand overseas. This development is expected to occur in the near future." See more at www.vkc-partners.com/index_en.php.

About IDG Capital

Since 1993, IDG Capital has been pioneering venture capital business in China. It has always focused on investing in Chinese technology-based companies and companies driven by technology and innovation, covering all the stages of startups, with investments ranging from millions of dollars to hundreds of millions of dollars.

IDG Capital has been strategically planning for international businesses for more than a decade and is dedicated to identifying Chinese companies that offer exceptional products and services on a global scale. Thus far, IDG Capital has successfully acquired notable enterprises within various industries, including SHEIN, Cider, patpat, Xiaomi, Ecovacs, Anker Innovations, insta360, Dreame, and Ziel Home Furnishings, encompassing international e-commerce, consumer electronics, and other sectors. See https://en.idgcapital.com/.

About EqualOcean

Founded in November 2018, EqualOcean is a business information platform and think tank that focuses on Chinese brands going global and on helping overseas investors or organizations to grasp China's development opportunities. For clients from China, EqualOcean provides macro political and economic analysis, overseas market and industry research, brand international makeup photos, overseas resource building, among others. EqualOcean has both Chinese and English websites and is one of the very few organizations in China with the ability to write in-depth reports in English. EqualOcean's global partners include Bloomberg, Refinitiv, SeekingAlpha, Nasdaq, ACN Newswire, SeaPRwire and other platforms. EqualOcean's business analysts are frequently interviewed by the Wall Street Journal, New York Times, Financial Times, SCMP and other well-known media outlets. Visit https://equalocean.com to learn more.

Authors: Yiran Xing, Zhisheng Wang, Editor: Yiran Xing,(c) EqualOcean.

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

ICDM: Professionalising of Board Leadership and Directorship Key to Catalysing Performance and Excellence in Businesses

KUALA LUMPUR, Jun 28, 2023 – (ACN Newswire) – The Institute of Corporate Directors Malaysia (ICDM) announced its progress and shared key organisational milestones for the financial year ended 31 December 2022 (FY2022), and for the period from January to April 2023 at their recent Annual General Meeting (AGM). The announcement is also in conjunction with ICDM's 5-year milestone since the Institute was established in 2018.

Since inception in 2018, ICDM has seen sustained high double-digit organisational growth and continued to deliver impact through its platform and initiatives. In their efforts to professionalise boards and directors in Malaysia, the growth is indicative of the increasing awareness and acceptance of the need for senior leadership to build capacity in evolving and developmental areas to better guide companies and businesses. Notably, the key growth areas are as follows:

i. Membership: Individual membership has increased to 1,168 (25% higher compared to the preceding reporting period) whilst corporate membership has surged to 86 (30% increase from the preceding reporting period). Overall, the membership base has grown 13-fold and 8-fold respectively for individual and corporate membership, compared to when ICDM concluded its first-year performance in 2018. To contextualise, ICDM's annual membership growth rate amongst other institutes of directors (IoD) in the region is second only to Australia and New Zealand.

ii. Director education programmes: Facilitated 112 programmes compared to 93 programmes in the previous reporting period, benefitting 6,705 participants which is 39% higher (from 4,830). In total, ICDM has facilitated 305 programmes to date and benefited 18,309 directors and participants.

iii. Board & Directors Effectiveness Evaluation (BDEE): Completed 20 external board and directors board evaluations, a 33% rise from the previous reporting period. To date, ICDM has conducted 37 BDEEs for companies and boards, of which 76% are public listed boards.

iv. Independent director sourcing requests and placements: In this reporting period, there has been a rise of 28% to 87 independent director sourcing requests and a total of 37 successful board placements by ICDM. Over this period since ICDM's establishment, the total success rate in placing ICDM Members on boards is at 58, compared to 2 in 2018.

Tan Sri Zarinah Anwar, Chairman of ICDM emphasised ICDM's unwavering efforts in professionalising directors, ensuring their capacity to uphold best practices in governance, shifting mindsets towards the continuing acquisition of knowledge and competencies for improved performance, proficiency and effectiveness.

She said, "The mandate for board directors as leaders is clear – navigate this complex environment, deliver positive impact, optimise opportunities, promote equity, and foster innovation. At ICDM, we recognise the challenges and complexity of the board's multi-faceted role and the need for a proactive approach towards tackling change and problem-solving."

This year, ICDM celebrates its 5-year milestone with the continued acceptance, participation and growth of its programmes, which can be attributed to the mind shift towards the need for ongoing knowledge and capacity building on the back of the Institute's efforts in professionalising board and directorship. Today, the overall expectation of capability across all stakeholders – be it from an overall sustainability, diversity, equity, or inclusion perspective, has heightened the need for improved performance, proficiency and effectiveness of boards and directors. Against this backdrop, ICDM's efforts and support to the director community will constantly evolve in tandem with the needs, and bringing together collaborative platforms and initiatives to problem solve, advocate and navigate the complex business environment.

Over the past five (5) years, ICDM's capacity-building efforts and advocacy platforms are focused on strengthening board leadership for agile and responsible businesses in line with the Securities Commission Malaysia's Corporate Governance Strategic Priorities (2017-2020 and 2021-2023). In 2022 alone, key initiatives undertaken by ICDM such as hosting of the second edition of the International Directors Summit entitled 'The B-Factor: [Bold + Brave] Boards' are testament to the growing awareness of companies and boards of the importance of staying ahead of the game as well as a sustainable, proactive leadership. On this front, ICDM has also been appointed as the sole provider of Bursa Malaysia's Mandatory Accreditation Programme Part I (MAP) which equips directors with the necessary skills to excel in their roles.

Michele Kythe Lim, President & Chief Executive Officer of ICDM said, "As the only national IoD and a membership-based organisation, we remain true and committed to our mandate to build capable, purpose-driven board and directors, with the goal of elevating business performance and achieving good corporate governance. We have focused efforts to institutionalise and build responsible, proactive boards, by creating pathways and the right network for board directors to transition to a sustainable and future-focused leadership. At the same time, we want to catalyse the mindset shift to self-regulation at the board level. One thing is clear: the mindset shift is happening, and we see this demonstrated across the adoption of our initiatives and programmes, such as the placement of 33 women directors on boards in the reporting period alone; placement of first-time directors on the board of public listed companies (PLC), as well as the shift in board priorities and growing interest in areas that we considered 'new', from Sustainability or Environment, Social and Governance (ESG), innovation and digitalisation, talent, culture, cybersecurity, climate risks, amongst others. Today, ICDM is at a crossroads of our journey as an IoD, and as we enter the next phase of our growth, we will continue to prioritise and focus our efforts to catalyse performance and excellence in companies & businesses through a minimum benchmark of standards, as well as create positive community impact through high-performing boards, directors and leaders."

ICDM will continue to deepen efforts in elevating directorship and board leadership through collaborative efforts with regulators, industry and IoD counterparts on mandatory, public and bespoke development programmes, as well as further enhancing MAP Part I. Notably, ICDM has recently been designated as the exclusive provider for the Securities Commission Malaysia's (SC) Mandatory Accreditation Programme Part II: Leading for Impact (LIP), which will commence from August 2023, to enhance listed directors' oversight of sustainability matters by providing them with advanced knowledge and tools. This is arising from the recent amendments to the Bursa Malaysia Listing Requirements which state that all existing and first-time directors of PLCs and ACE Market of Bursa Malaysia should attend the LIP. In addition, ICDM will also be hosting ASEAN+ IoD event, and in conjunction with the event, the launch of the 2024 ASEAN Board Trends Report. The Institute will also be launching two (2) research studies around Board and Senior Management Remuneration Practices in Malaysia and, Reimagining Leadership in a Hybrid World (Work 3.0), amongst others.

For more information on ICDM membership and how it can benefit the directorship journey, please visit https://icdm.com.my/. For more information on the recently launched MAP II: Leading for Impact (LIP) please visit https://lip.icdm.com.my/.

About the Institute of Corporate Directors Malaysia (ICDM)

The Institute of Corporate Directors Malaysia (ICDM) is a membership-based organisation whose mandate is to professionalise directorship in Malaysia. As the national institute of directors (IoD), ICDM is committed to providing continuous professional development – empowering boards and directors with forward-thinking mindsets, practical knowledge and essential competencies. Established by the Securities Commission Malaysia (SC) and supported by Bank Negara Malaysia, Bursa Malaysia and the Capital Market Development Fund (CMDF), ICDM's goal is to be the leading influence of excellence in governance and to build a robust corporate governance culture in Malaysia.

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

The First Information on the ‘Player PFP’ for the Web3 X Gaming Platform AKIVERSE is Released; Campaign to Win Priority Purchase Rights for PFP

ROAD TOWN, United British Virgin Islands, Jun 28, 2023 – (ACN Newswire) – AKIVERSE INC. announces the partial release of sales information regarding the PFP (Profile-Picture) project on its Web3 x gaming platform, AKIVERSE. Additionally, a campaign to win priority purchase rights for PFPs will be held prior to the start of PFP sales. Furthermore, a PV depicting the world view of the virtual world "AKIVERSE" has been released for the first time.


AKIVERSE Player PFP Sales Overview

– What is AKIVERSE Player PFP
AKIVERSE is a world hidden away in darkness. Players are the only ones able to illuminate the world and eliminate this darkness, by honing their gaming skills continuously. We now present PFPs, which is a generative NFT that proves the player's contribution towards saving AKIVERSE.

– Sales Details
— Supply: 5,555
— Reveal Format: Revealed when minted
— Purchase Limit: Unlimited
— Schedule: Coming soon

– Holder benefits of PFP
This PFP has strong utility within AKIVERSE, such as being used as an NFT icon for SNS on the ETH chain, linking with games and tokens on the AKIVERSE platform, and participating in holder-exclusive events. Furthermore, we offer an attractive "in-game utility" update that is tailored to the beta version release of AKIVERSE. In the future, we will update the utility of PFP to maintain and improve its mid-to-long-term value, along with the enthusiasm of the players for the game.

For more information about PFP, please visit the official website. Also, we will mainly announce the latest information on PFP through the AKIVERSE official Twitter account.
– Service account: https://twitter.com/Akiverse_io
– [Newly opened] PFP account: https://twitter.com/AKIVERSE_PFP

Win a priority purchase right for PFP. IVS KYOTO exhibition commemorative campaign is underway.

As a commemoration of the "IVS Crypto 2023 KYOTO" exhibition, which starts today, on June 28 (Wed.), a campaign is underway to win a priority purchase right for PFP.

– Campaign details
— Number of winners: 333 pieces
— Application period: June 28 (Wed.) 10:00 (UTC+9) to July 5 (Fri) 23:59 (UTC+9)
— How to apply: Please apply from the PFP official website.

A PV that depicts the virtual world "AKIVERSE" is released for the first time.

Today (June 28, 2023) we at AKIVERSE are delighted to have released a promotional video that displays the virtual magic of AKIVERSE. Gamers can imagine themselves as saviors in AKIVERSE, deeply immersed in the world and creating SPARKs with their gaming powers.

PV: https://www.youtube.com/watch?v=N5CFCsXXQUM

Contact Information
Honami Soeda
Marketing Manager
contact@akiverse.inc
080-6913-2947

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