APB Announces Entrance of Press Metal Co-Founder as Substantial Shareholder

SHAH ALAM, Malaysia, Jun 14, 2023 – (ACN Newswire) – APB Resources Berhad, a fabricator of design engineering equipment, today announced that Dato' Koon Poh Tat has emerged as a substantial shareholder in the Group with a direct 5.73% stake following the acquisition of 6.35 million shares.


Marcus Chin Choon Wei, Executive Director of APB

Dato' Koon Poh Tat, Substantial Shareholder of APB


The shares were acquired on 13 June 2023 from the open market. Dato Koon is a co-founder and Executive Director of Press Metal Aluminium Holdings Berhad, an integrated aluminium producer. He is also Executive Director of PMB Technology Berhad, a fabricator of aluminium facade systems for buildings.

At the same time, the Group is also pleased to announce the appointments of Dato Sri Abdul Rahim Jaafar as Chairman, Mr. Liaw Wei Gian as Executive Director and Mr. Chin Choon Wei as Executive Director.

Dato Sri Abdul Rahim retired from the Royal Malaysian Police in 2021 as Director of the Department of Internal Security and Public Order. He is a member of the Police Force Commission. He is also the Chairman of Artroniq Berhad.

Liaw is an Executive Director and Chief Executive Officer of Artroniq and Chin is Chief Financial Officer of Artroniq.

Dato' Koon said, "We are delighted to come onboard APB and look forward to working with the rest of the Board of Directors (BoD) as well as the entire team to bring more success to the Group. We see lots of opportunities that we can take advantage of that can enhance the performance of APB in the longer term."

Executive Director of APB, Mr. Chin Choon Wei said, "I am confident that the new members of APB's BoD will help guide the Group to expand its market presence as a fabricator of design engineering equipment. I note the outlook for the industry is improving as capital spending picks up from the chemicals, oil palm and power generation industries."

APB's share price as of today closes at 2.92sen, an increase of 29.78% compared to yesterday's 2.25sen.

APB Resources Bhd: 5568 [BURSA: APBB] [RIC: APBS:KL] [BBG: APBB:MK], https://www.apb-resources.com/

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

The World AI Show unveils next wave of enterprise AI solutions

DUBAI, UAE, June 14, 2023 – (ACN Newswire) – The 41st global edition of World AI Show in Dubai was a resounding success, bringing together top leaders and decision-makers who are using technology in innovative ways to drive businesses forward while delivering business value, and enhancing the overall customer experience. The event showcased cutting-edge technology innovations within the AI space for enterprises and governments to help build leaner business processes, develop innovative products, and automate tasks that can minimize costs. The show was held under the patronage of the private office of H.H. Sheikh Saeed bin Ahmed Al Maktoum, and organised by Trescon.

The event exceeded all expectations, with an overwhelming turnout of attendees and positive feedback from participants, consolidating Dubai’s position as a global hub for AI development.

The conference featured a series of captivating panel discussions and keynote addresses that delved into topics shaping the future of artificial intelligence. Topics of discussion ranged from the latest trends and advantages, and ethical implications of AI deployment to the integration of machine learning in various sectors such as healthcare and finance.

One such discussion was the panel on how business leaders are embracing AI as a key driver of success. Moderated by Dr. Eng Suaad Al Shamsi, Technical Consultant, L2L consultation, the panel discussed the scope of benefits of AI adoption. The panellists, Robert Hahm, CEO, Mashreq Capital (DIFC) Ltd, Anshuman Anand, CEO of R&B (KSA) & VP of Apparel Group, Amine Sabri, CFO, Astra Tech, and Vikram Tanna, CEO, Mzallo (Eros Investments Group), also presented some interesting views while talking about the key skills that can accelerate AI adoption.

Another noteworthy discussion was on how to inspire the next generation of women in AI. The panel discussion moderated by Debbie Botha, Chief Partnership Officer, Women in AI, spoke at length about the challenges faced by women in the AI industry. The panellist, Fatmah Alabdouli, Director of Data Management & Statistics, Ministry of Energy & Infrastructure, Dr. Fatmah Baothman, Board President, AI Society, Dr. Christine Gulbranson, CEO, U+ Nova, Dr. Adhari Alzaab, Assistant Professor, Sultan Qaboos University, deliberated on how women can collaborate and drive an impact in the AI sector.

“We are proud to have hosted such a remarkable event that brought together distinguished thought leaders discussing about the future of enterprise AI solutions,” said Naveen Bharadwaj, Group CEO of Trescon. “The show provided a platform for conversations and invaluable knowledge sharing. It was a testament to Dubai’s commitment to fostering innovation and driving AI advancements on a global scale.”

The success of the conference was largely attributed to the generous support of its esteemed sponsors. “The World AI Show in Dubai this year exceeded our expectations,” said Valeria Sandei, CEO, Almawave, Gold Sponsor of the show. “We were able to network with key decision-makers and establish strategic partnerships. The interest and enthusiasm from attendees for our AI solutions were truly remarkable. This event has undoubtedly opened new doors for our company.”

Dr. Eesa Mohammed Bastaki, President, University of Dubai, said, “World AI Show was a remarkable achievement again from Dubai, the technology hub of the world and I was very glad to be a keynote speaker and part of this international event.”

Dr. Salim Al-Shuaili, Director of Artificial Intelligence and Advanced Technology Development Program, Ministry of Transport, Communication and Information Technology, showed his appreciation towards the event and said, “World AI Show this year in Dubai was a turning point in the industry, most of the topics related to AI were covered. I believe the panel discussions were professionally planned and executed.”

The World AI Show has become an essential platform for knowledge exchange, collaboration, and business growth within the AI community. With plans already underway for the next edition, anticipation is building for an even more spectacular event.

The World AI Show has become an essential platform for knowledge exchange, collaboration, and business growth within the AI community. With plans already underway for next year’s edition, anticipation is building for an even more spectacular event. In line with our vision to build on the momentum and usher in the next wave of transformation, Trescon announced that the Digital Acceleration Transformation Expo (DATE). The event is set to take place in Delhi in November 2023 and Jakarta in 2024.

The 41st Global Edition of the World AI Show is officially sponsored by:

Official AI Cybersecurity Partners: Darktrace

Gold Sponsors: Almawave

Silver Sponsors: Voiceweb, Dataiku, Soothsayer Analytics

Bronze Sponsors: Beinex, Run:Ai, E42, ManageEngine,

Robotics Partners: Aliriza Group, Unique World Robotics

Exhibitors: FourNxt, Banuba, CSP Solutions

Startup Exhibitors: BasicAi, Scaletorch, Data Science Wizards, Neural Space, TechVariable, Qualitas Global, Demandify Media, The Ai Studio

Associate Partners: Women in AI

Affiliate Partners: AI for Business, Enlightened Minds

Ecosystem Partner: Entrepreneur Middle East

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.

In line with this vision, we invite you to become a part of our upcoming events: –

Trescon is glad to announce a new event, Digital Acceleration and Transformation Expo (DATE) scheduled to take place in Delhi in November 2023 and Jakarta in 2024. For more information, visit: www.tresconglobal.com.

For media inquiries and further information, please contact:
Shadi Dawi
Head of Public Relations and Partnerships
Middle East & Africa
+971 55 498 4989 | Email: shadi@tresconglobal.com



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

HotelRunner Introduces AI-Powered Review Center for Enhanced Reputation Management in the Travel and Hospitality Industry

LONDON, Jun 14, 2023 – (ACN Newswire) – HotelRunner, the leading travel and hospitality technologies platform, has launched HotelRunner Review Center, an innovative solution that will fundamentally change the way properties manage their online reputation and form the building blocks of technological transformation fueled by artificial intelligence.


HotelRunner Review Center
HotelRunner Introduces AI-Powered Review Center for Enhanced Reputation Management in the Travel
and Hospitality Industry


In the highly competitive world of hospitality, reputation management is more critical than ever. Guests rely heavily on reviews when making decisions and hold the power to drive a property's successful reputation and exponential revenue growth.

As a company that draws its strength from its agility, HotelRunner proudly delivers an innovative solution to its partners and the industry after extensive research and development by observing the latest trends and anticipating the future that will be shaped around them.

HotelRunner Review Center is an advanced product that centralizes guest reviews, empowering properties to take control of their online reputation from a single user-friendly dashboard.

Thanks to HotelRunner's strategic partnerships and certified integrations with Booking.com, Expedia, and Airbnb, Review Center allows properties to view and reply to all their reviews in one place. The AI technology generates unique and personalized replies to guest reviews within seconds. This ensures that each review receives timely and tailored responses, leading to improved guest satisfaction, and a steady revenue stream. The product also helps overcome language barriers effortlessly with built-in Google Translate functionality, translating guest reviews into more than 133 languages instantly, and facilitating effective communication. Another great benefit is saving hoteliers valuable time and effort. They can save their favorite replies for future use, easily fine-tune the replies, and deliver customized messages to each guest. Last but not least, the Review Center provides comprehensive performance tracking. Since the product gathers all reviews in one dashboard, it offers properties a HotelRunner score across various categories, allowing properties to identify areas for improvement, monitor progress over time, and continuously enhance their service offerings.

Yigit Can Bacakoglu, Director of Engineering at HotelRunner, said, "The introduction of HotelRunner Review Center marks a pivotal moment in the fiercely competitive hospitality industry. Through its integrated AI assistance, properties can streamline the consolidation of their reviews, address guest feedback, and elevate guest satisfaction and loyalty. We take great pride in spearheading the deployment of this cutting-edge technology and will continue to enrich our platform with homegrown AI-based products."

Cihan Coskuntuncel, Director of Supply at HotelRunner, added, "Effective reputation management is the key to a lucrative sales strategy. We are delighted to unveil the HotelRunner Review Center, an AI-driven solution that empowers hoteliers to seize control over their online reputation. Equipped with advanced features and multilingual translation capabilities, Review Center ensures properties can promptly respond to reviews, enhance their online reputation, and never miss another reservation."

HotelRunner Review Center is now available to properties worldwide to take advantage of AI-powered reputation management. Click here to get detailed information about the HotelRunner Review Center.

Contact Information
Suheyla van Taarling
Head of Brand
suheyla@hotelrunner.com
00905314010303

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

World AI Show: Raising the Bar of Innovation

JAKARTA, Indonesia, June 14, 2023 – (ACN Newswire) – The 40th edition of the World AI Show held in Jakarta brought together tech mavens and industry leaders from the artificial intelligence (AI) space under one roof where they shared valuable insights with the audience. With the fast-paced growth of the global digital infrastructure, businesses and countries today have leveraged the capabilities of AI to augment their digital transition plans.

The World AI Show covered a wide array of topics that dominate the AI space today through engaging panel discussions and informative key note speeches. With leading thought leaders, industry experts, and policy makers in attendance exploring the impact of AI on Indonesia’s digital transformation journey.

At the World AI Show, Trescon’s Group CEO, Naveen Bharadwaj announced the Digital Acceleration & Transformation Expo (DATE), an upcoming event that will feature 10 co-located events and attract over 5,000 business visitors. With an aim to create a platform that keeps the emerging technologies at the centre, DATE was announced to take place in Jakarta in 2024. During the event, KORIKA, a partner at the event, made an official announcement about OpenAI’s CEO, Sam Altman’s visit to Indonesia. The visit is seen as a positive sign by businesses who are leaning towards AI adoption.

“At the heart of the eco system lies the essence of collaboration, collaboration is not merely a password it is the driving force behind innovation, economic growth and societal development,” said Prof. Hammam Riza, President, Korika.

“What we have to do first is we have to get the project scoping right,” said Nicholas Eng, Solution Engineer, Dataiku.

“Our country is diversified country, how we can reach to the rural areas, mainly that kind of a technology we have to bring it to the rural areas and also, we have to look at it how the sustainability we have to bring using the AI technology,” said Dr. Sankaraiah Sreeramula, Chief Data Scientist, APP Sinarmas.

“We need to have very good decisions based on data and from data to information, so in terms of problem solving and decision making we’ll have great assistance from AI and Digital Transformation,” said Sabam Hutajulu, Member Board of Directors and Head of Audit Committee, Indonesia Air Asia.

The World AI Show held several key discussions and insightful keynote speeches that discussed the emerging trends that can help businesses to optimise their operations.

One of the thought provoking panel discussion that caught everyone’s attention was on the topic of accelerating digital transformation across Indonesia. The panel featured Dr. Anto Satriyo Nugroho, Director of Research Center for AI and Cybersecurity, National Research and Innovation Agency (BRIN), Shinta Nurhariyanti, Ministry of Communication and Informatics, Directorate of e-Government , Sarwoto Atmosutarno, Chairman, Indonesia Telematics Society (MASTEL). Moderated by Naveen Bharadwaj, Group Chief Executive Officer (CEO), Trescon. They examined the role of AI in improving data quality across government departments and the importance of enhancing efficiency of e-government and public services. With e-governance slowly dominating the conversation, the panellists also brought the focus back on how AI can help enhance the quality and delivery of government services.

Another key panel discussion that was worth noting was the discussion on how AI can play a major role in the future of banking in the country. The panel discussion featured Indra Hidayatullah, Data Management & Analytics Division Head, PT. Bank Tabungan Negara, Tbk., Kevin Kane, Chief Technology Officer, Amar Bank, Raine Renaldi, Chief of Economy & Digital Asset Committee, KADIN – Indonesian Chamber of Commerce & Industry. Moderated by Sonny Supriyadi, Head, Pricing & Data Analytics, Maybank Indonesia, the panellists shared insights on how business innovation is evolving with AI and how AI in banking can help establish a solid business continuity.

The field of AI still has a long journey ahead of it but the impact that it has had over the past few years is visible. As the world continues to deliberate over the upcoming trends that can have a transformative impact in optimising business and government operations, the World AI Show has become an essential and important platform for knowledge sharing, collaborations and business growth for the AI space.

The 40th Global edition of the World AI Show was sponsored and supported by:

For media inquiries and further information, please contact:
Nupur Aswani
Head – Media, PR and Corporate Communications
Trescon
+91 95559 15156
media@tresconglobal.com



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

CIPHER-CORE, Inc. President Invited to Present Company at Digital Currency Conference

AUSTIN, TX, Jun 14, 2023 – (ACN Newswire) – CIPHER-CORE, Inc., (Pink sheets:CFCI) a company that provides end-to-end protection technology for communication systems, remote authentication technology for IoT systems and Crypto Cash technology.

Mr. Takatoshi Nakamura, CEO and President attended the Digital Currency Conference (DCC) May 17 through May 19, 2023 in Mexico City. Seventy-one organizations from 33 countries focused on technology and design aspects of both Central Bank and Private Digital Currencies. It was successful to join DCC and introduce our products for the future of Digital Currencies with the participants at this conference.

The first day of the Conference, Digital Currency Fintech Innovation showcased the most outstanding start-up Fin-Techs, several innovation hubs within established commercial banks, and organizations with digital currency innovation.

Ten innovative companies were selected to make a presentation of their projects. CIPHER-CORE, Inc., Mr. Nakamura was one of the ten selected companies who highlighted the following for the executives of the central banks and the companies.

1. Why our product is different from existing solutions:

Our product is the world's first application of unbreakable complete cipher technology based on "Information-theoretic security" to CBDC. This is the world's first and only technology and Product that realizes the "digital cash" ideal for CBDC in retail.

2. Why we think we can make a difference in the digital currency area:

First, for retail CBDC, it is the world's one and only solution to realize "digital cash". On the other hand, for wholesale CBDC, since it will always use some kind of network, we are able to provide a solution that can eliminate "man-in-the-middle" attacks, for which there is no Fundamental solution even today, by applying complete ciphers.

Mr. Nakamura joined the various presentations performed by the Banks and other companies and events arranged by the DCC pursuant to the program.

Mr. Nakamura spoke directly about CIPHER's unique technologies for CBDC with 11 executives of the central banks, all of whom indicated their great interest in his proposal and willingness to proceed with opportunities.

Investor Relations:
Claire Singleton
Tel: 801-580-9928
Email: clairesingleton@aol.com
URL: http://www.ciher-core.com/en

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

43rd ASEAN Food Security Meeting: Indonesia urges ASEAN anticipate global food crisis

Bogor, Indonesia, Jun 14, 2023 – (ACN Newswire) – The 43rd ASEAN Food Security Reserve Board (AFSRB) meeting hosted by Indonesia on June 7-8, 2023, has discussed food security as one of the concerns of Southeast Asian countries since the world is facing the threat of a global food crisis due to climate change, El Nino phenomenon, and geopolitical conflicts.


National Food Agency (Bapanas) Head Arief Prasetyo Adi during the ASEAN Food Security Reserve Board
(AFSRB) meeting in Bogor, West Java, on Wednesday (June 7, 2023). (ANTARA/HO-Bapanas/FR)


The 43rd AFSRB meeting, held in Bogor District, West Java Province, was attended by representatives of all ASEAN member countries, the ASEAN Secretariat, the AFSRB Secretariat, the ASEAN Plus Three Emergency Rice Reserve (APTERR) Secretariat, and the ASEAN Food Security Information System (AFSIS) Secretariat.

"We have to take concrete action to address the potential global food crisis, including various other risks threatening the food system," the Head of Indonesia's National Food Agency (NFA) Arief Prasetyo Adi said. Therefore, it is important to ensure the stability, availability, accessibility, and wise utilization of the food stocks in the region.

One of the attempts to address food and nutrition security dynamics is by strengthening the commitment of ASEAN member countries through the establishment of an ASEAN Leaders' Declaration regarding food security. It is expected to be endorsed by the leaders of ASEAN member countries at the 43rd ASEAN Summit scheduled to be held in Jakarta in September 2023.

The ASEAN Leaders' Declaration on Strengthening Food Security and Nutrition in Time of Crises is one of the Priority Economic Deliverables (PEDs) of Indonesia's chairmanship in ASEAN 2023 as well as the topics in the 43rd AFSRB meeting.

The document will encourage the establishment of a cooperation mechanism among various domestic institutions of ASEAN member countries in the agriculture, trade, finance, and transportation sectors to strengthen food security in the region. The cooperation mechanism also aims to bolster regional supply chains and sustainable farming.

Apart from the declaration, the meeting also brought attention to the recent food issues in each member country, so that problems can be solved through regional cooperation. Representatives of each Southeast Asian country would report on food commodity availability, and the forum would determine which and how much food resource should be reserved.

As quoted from the Indonesian Foreign Affairs Ministry's website, the ongoing Russia-Ukraine conflict had disrupted the global supply chain, resulting in an increase in food prices by up to 30 percent. The condition also affects ASEAN member countries. The average inflation rate in the countries reached 15 percent in 2023 so far.

The NFA, as a governmental institution responsible for maintaining food security in Indonesia, developed a national food reserve and distribution system to anticipate the global food crisis potential. The agency develops collaboration with related ministries and institutions, State-owned Enterprises, universities, non-governmental organizations, agricultural and farmer associations, and the private sector as well as international stakeholders.

Kuntum Khaira R, Fadhli Ruhman, Editor: Azis Kurmala (c) ANTARA 2023

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

NSI Lab Solutions Launches MicroVive: The Only 30-Day Rehydration Fluid for Microbiological Cultures

Raleigh, NC, Jun 14, 2023 – (ACN Newswire) – NSI Lab Solutions is excited to introduce MicroVive(TM), the only 30-day rehydration fluid for freezer storage of microbiological-certified reference materials. MicroVive is a single formulation designed to protect bacterial and fungal cell viability during frozen storage for up to 30 days. It is available in either 1.2 or 9 mL pre-proportioned volumes and sold in packs of 20 vials.

MicroVive is perfectly suited for use with NSI Lab Solutions' microbiological-certified reference materials (CRMs) and is the right solution when a laboratory requires multiple cultures to be ready at the same time. Simply place an aliquot of the hydrated inoculum into the MicroVive fluid and store it in the freezer for up to 30 days; frozen samples can then be thawed once for another use.

"We are pleased to add MicroVive to our growing microbiology portfolio," said Evangeline Gonzalez, President, Antylia Diagnostics division. "As we deliver new products for our customers, we are leveraging ZeptoMetrix(R) leadership in new product development. And, with MicroVive, our Certified Reference Materials team is excited to partner with laboratories around the world to maximize workflow flexibility."

More information on how to order new MicroVive and additional NSI Lab Solutions products can be found at https://nsilabsolutions.com/product/microvive/.

Contact Information:
Lauren Stainback
Global Product Manager & Applications Specialist
lauren.stainback@antylia.com

Related Files
NSI Lab Solutions Launches MicroVive.pdf
https://cdn.newswire.com/files/x/a3/3a/995ce1250b9dc1c78eb2b8444ee9.pdf

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

Proventus Bioscience Breaks Ground on Its New Production Facility and Expansion of Its Laboratories and Fermentation Plant

MONTREAL, QUEBEC, Jun 13, 2023 – (ACN Newswire) – Proventus Bioscience, a biotech company that produces sustainable biological microorganisms for use by various industries, announced the start of construction of its new 20,000-square-foot production plant and corporate headquarters at 4455 Griffith St., Saint-Laurent, QC.

Proventus' new 20,000-square foot facility is designed to be compliant with current Good Manufacturing Practices (camps) required by the food industry that include bio-infused products for probiotics, agriculture formulations, and treatments for waste management and pollution control. GMP was first developed by the World Health Organization in 1968 and has since evolved and expanded, with 100 countries adopting the provisions in their own requirements.

Speaking at the company's official announcement, the founders of Proventus, Mr. Vincent Delorenzo and Peter Bozel, commented on the company's incredible growth over the last seven years as proof that the company's technology is widely accepted by the industry. The demand for Proventus' products is what propelled this incredible expansion:

"The inauguration of this facility will take place sometime in August and will give Proventus a launching pad from [which to] introduce novel first-in-class sustainable microbial formulations that can be used for a wide spectrum of industries and add many new novel products such as biostimulants and bio-protectants for use in agriculture and remediation of polluted soils.

"Our plans and pipeline for new products are ambitious but attainable because our technology solution is unique in the remediation of polluted waters and soils and for enhancement of biorational agricultural production practices by developing biologicals as compliments or replacement for chemical fertilizers and plant protectants. Its efficacy is being [proven daily] in farmers' fields and in tests conducted in laboratories and greenhouses at respected research institutions throughout Canada.

"Proventus' core technology is in constant development. We have acquired the most up-to-date fermentation equipment, solid-state fermenters, high-capacity freeze dryers and methods to formulate and stabilize viruses, bacteria, and fungi for optimal activity under all environmental conditions."

Internationally recognized plant scientist Dr. George Lazarovits heads the Proventus Scientific Advisory Board.

Visit proventusbioscience.com or call 438-387-1117 for more information.

About Proventus Bioscience Inc.

Proventus Bioscience Inc., based in Montreal, is a biotech company that develops sustainable biological products for the management of polluted environments and for use in sustainable agriculture. It has pioneered many other products with eco-positive solutions and continues to develop new innovations as a response to market changes on its own as well as with major partnerships.

Acknowledgment:

Proventus Bioscience would like to take this opportunity to thank the Economic Development Agency of Canada for the Regions of Quebec for its financial support. REGI is a national funding program that supports the economic growth of businesses and regions through innovation.

Contact Information
Vincent DeLorenzo
Founding Member
info@proventusbioscience.com

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

The 8th Quam IR Awards was Successfully Held

HONG KONG, Jun 13, 2023 – (ACN Newswire) – The award presentation ceremony of Quam IR Awards 2022 ('QIRA' or 'The Awards') successfully took place on 12 June, 2023 at Four Seasons Hotel Hong Kong, recognizing investor relations teams that keep pace with the times in a rapidly changing environment, as well as outstanding enterprises with excellent sustainable development management.


Mr. Stacey Wong, Chief Operating and Risk Officer (eighth from the left), Mr. Chris Wu, Chief Financial Officer (sixth from the left) , Mr. Army Yan, Chief Investment Officer (fifth from the right), Mr. Ambrose Lam, Co-Chairman – China Tonghai Capital (fourth from the right), Ms. Sandy Lam, Managing Director of Hong Kong Sustainability Strategic Advisory Limited (fifth from the left), and Mr. Pak Wing, CHUNG, Sustainable Director of S&P Global Market Intelligence (fourth from the left)


Praising Exceptional Investor Relations Contributions
Quam IR Awards is proud to recognize and reward the very best listed company in investor relations industry. The winners of the QIRA have opened the door of communication through diversified channels, representing the tact and professionalism of investor relations. The keen enthusiasm for the 8th Quam IR Awards can be seen from the entries. A total of 16 companies have differentiated themselves from their competitors to won the Awards.

Two Newly Introduced Awards to Commend Remarkable Carbon Management
To recognize the performance and contribution of organizations in the implementation of sustainable development goals, Quam IR has once again partnered with Hong Kong Sustainability Strategic Advisory Limited (HKSSA), an advisory firm focusing on enterprises' abilities of their sustainable development, to professionally select the winning companies in the "Sustainable Development Category" for the award to comment enterprises that have demonstrated outstanding overall performance in ESG aspects. In addition, this year, platinum, gold, and silver awards were added in the "Sustainable Development Category – Carbon Management", and "Sustainable Development Category- The Best Approach of Carbon Management of the Year" was newly introduced to recognize the outstanding performance of enterprises in energy conservation and carbon reduction.

Quam IR specifically invited Ms. Sandy Lam, Director of HKSSA, to share her insights on the "Four Key Elements of Effective Green Operations," and invited Mr. Chung Pak Wing, Sustainable1 Director – S&P Global Market Intelligence, to share his observation and analysis on the "Importance and Relevance of Corporate Sustainable Development Assessment."

Showing Resilience and Innovation to Shape a Sustainable future
Mr. Ambrose Lam, Co-Chairman of China Tonghai Capital (Holdings) Limited, said at the opening remark "The past year has been one of the most challenging periods in recent history, with the pandemic affecting every aspect of our lives. However, even in the face of adversity, we have seen companies demonstrate outstanding investor relations best practices. They have shown great resilience and innovation in adapting to the new reality, building trust and confidence among investors." Mr. Stacey Wong, Chief Operating and Risk Officer of Tonghai Financial Group, said "We have seen the increasing importance of ESG factors in shaping the future of business and society. ESG considerations are no longer optional; they are essential to creating a sustainable future for all. In recognizing the achievements of our winners today, we must also acknowledge their contributions to IR and ESG best practices. They have demonstrated that businesses can be successful while also being responsible and sustainable."

Unwavering Support from Business Community and Media friends
Quam IR was honoured to invite Mr. Joseph Chan, JP, Under Secretary for Financial Services, Ms. Christine Ho, Deputy Global Head of Family Office, InvestHK, Professor LO Wing-hung, Carlos, Professor and Head of Department of Government and Public Administration at CUHK and Director of Centre for Business Sustainability and Mr. Colin Shaftesley, Chairman of the Hong Kong Securities and Investment Institute as our guests of honour to witness such grand occasion.

The 8th Quam IR Awards came to a successful conclusion, thanks to our supporters in the business community, media friends and sponsors in Hong Kong and mainland China. Our supporting media partners include The Chamber of Hong Kong Listed Companies, The Hong Kong Independent Non-Executive Director Association, Ming Pao, The Standard, FX678 and Caiguu. Quam IR is grateful for the strong support and generous sponsorship from HKTaxi, which make Quam IR Awards 2022 a success.

The list of awardees for Quam IR Awards 2022 (In alphabetical order of company name):
Stock Code Company Name
Hong Kong Index Constituents (Hang Seng Index) Category
2020 ANTA Sports Products Limited
1929 Chow Tai Fook Jewellery Group
0992 Lenovo Group Limited
2382 Sunny Optical Technology (Group) Company Limited

Main Board Category
0081 China Overseas Grand Oceans Group Limited
0173 K. Wah International Holdings Limited
6811 Tai Hing Group Holdings Limited
1865 Trendzon Holdings Group Limited

Sustainable Development Category – Platinum
2020 ANTA Sports Products Limited
Sustainable Development Category – Gold
3613 Beijing Tong Ren Tang Chinese Medicine Company Limited
0152 Shenzhen International Holdings Limited
Sustainable Development Category – Silver
1229 Nan Nan Resources Enterprise Ltd
0698 Tongda Group Holdings Ltd
Sustainable Development Category – Bronze
2266 Lai Si Enterprise Holding Limited
Sustainable Development Category – The Best Report of the Year
3311 China State Construction International Holdings Limited
Sustainable Development Category – Carbon Management – Gold
N/A ALBA Integrated Waste Solutions (Hong Kong)
8391 Cornerstone Technologies Holdings Limited
Sustainable Development Category – Carbon Management – Silver
2020 ANTA Sports Products Limited
Sustainable Development Category- The Best Approach of Carbon Management of the Year
3311 China State Construction International Holdings Limited

Website of Quam IR Awards 2022: https://eventedm.tonghaiir.com/QIRA2022-23/EN_US/

For enquiries,
Quam IR
Marketing & PR contact:
Ms. Mandy Lo T: 2217-2753 Email: mandy.lo@tonghaifinancial.com
Ms. Charlie Chan T: 2217-2504 Email: charlie.chan@tonghaifinancial.com


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

Pacific Green Enters into An Agreement to Sell Its 99MW Richborough Energy Park Battery Development For GBP 74 Million (US$93 million)

DOVER, DE, Jun 13, 2023 – (ACN Newswire) – Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB:PGTK) announces that it has entered into a sale and purchase agreement ("Agreement") to sell 100% of the shares in Pacific Green Battery Energy Parks 1 Limited ("PGBEP1") to Sosteneo Fund 1 HoldCo S.a.r.l. for GBP 74 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.

Under the terms of the Agreement entered into, the consideration is payable pursuant to operational milestones related to the battery park as it connects to the grid and becomes operational. Pacific Green will receive an advance of GBP 20m upon signing of the Agreement with an anticipated completion over the following weeks.

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

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

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