INNIO’s Wuhan Waste-to-Energy Project Enters Phase II With Commissioning of Six Additional Jenbacher J320 Engines

WUHAN, CHINA, Mar 24, 2023 – (ACN Newswire) – INNIO today announced that Wuhan Environmental Investment and Development Co., Ltd (WEID) has commissioned six additional of INNIO's Jenbacher J320 engines for the Wuhan Jiangxia Changshankou Municipal Solid Waste landfill gas (LFG) project. INNIO's distributor, Guangzhou Shenfa Electromechanical Industrial Development Co., Ltd. (Shenfa), provided the project's generator set (gen-set) containers, landfill gas pre-treatment equipment, and NOx reduction equipment. Shenfa will also continue to provide technical services for the customer. The project is now operating with 14 Jenbacher J320 generator sets, delivering a total installed capacity of 14.9 megawatts. This supports the city of Wuhan in achieving its goal of becoming the most sustainable city in China.
Wuhan – INNIO's Wuhan Waste-to-Energy Project


In 2020, WEID turned to INNIO's proven landfill gas power generation technology, selecting eight J320 gen-sets in their Wuhan City Changshankou LFG phase 1 project. The gen-sets were commissioned in April 2021. Convinced by the technological reliability of Jenbacher engines and Shenfa's professional services, WEID purchased six additional J320 gen-sets in April 2022 for Phase II of the LFG project. The project provides enough electricity to power 35,000 homes in Wuhan. The six Jenbacher engines were commissioned in December 2022.

"INNIO continues to move energy forward with our innovative technology and engineering. With our energy solutions and services we actively support the battle to combat climate change," said Dr. Olaf Berlien, president and CEO of INNIO Group. "Our technology now provides even more energy for Wuhan and creates a more sustainable and circular economy."

"The engines within the Jenbacher power generation portfolio can operate on captured landfill and sewage gas, generating power and enabling efficiency while simultaneously reducing environmental pollutants," said Dong Guo, deputy general manager, Shenfa – INNIO's authorized distributor. "Jenbacher engines are flexible, scalable and resilient, meeting the energy, environmental and economic needs of our customers and supporting China in its goal to become carbon neutral by 2060."

"INNIO continues its support of Wuhan's goals to increase the production of renewable and alternative, distributed power," said Wuzhong Han, Operation Manager of Wuhan Changshankou Landfill. "We are very pleased that Jenbacher energy solutions are helping us meet the energy needs for Wuhan in an efficient and sustainable way."

More than 300 Jenbacher J320 generator sets have been delivered across China and are recognized as a leading energy solution and service provider in the segment of power generation.

About Shenfa

Guangzhou Shenfa Electromechanical Industrial Development Co., Ltd. is one of the first technology companies engaged in the development of new environmental protection technologies in South China. The Shenfa Company has long been committed to the sales of large-scale power products and the technological development of energy and environmental protection. It has accumulated rich design and supporting experience and can provide a complete set of services from equipment selection, computer room design, equipment supply, installation and commissioning, and environmental protection construction. The Shenfa Company is guided by diversified business strategy, innovative management concepts, and cutting-edge technical strength, and has developed into a high-tech enterprise integrating the application and development of gas generator sets, complete equipment and after-sales service. Shenfa Company is an authorized sales and service provider for Jenbacher gas engines in China. Its products are widely used in landfill gas, natural gas trigeneration, coal bed gas, petroleum-associated gas, biogas and biomethane power generation industries.

About INNIO

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

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

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

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

SOURCE: INNIO Group

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

VCREDIT Delivered Rapid Growth in Loan Volume, Registered Users Hit 126.8 million in FY2022

HONG KONG, Mar 24, 2023 – (ACN Newswire) – VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, announced its financial results for the year ended 31 December 2022 (the "Year").

During the Year, the Group achieved solid performance from operations in line with its expectations despite headwinds such as COVID-19, an evolving macro-economic environment, and policy and regulatory changes. The Group reported a total income of RMB3,119.3 million, and an adjusted Net Profit of RMB537.4 million. The Board has recommended the distribution of a Final Dividend of HK10 cents per share of the company.
Business Review

The COVID-19 pandemic had influence on the Group's business approach as related measures evolved. A zero-COVID policy was in place for most of the Year and lockdowns in cities such as Shanghai were experienced in 1H 2022, eventually pivoting to a major nationwide loosening with most COVID-19 measures being relaxed at the end of the Year. The Group continued adjusting its business strategy and model to cope with changing market situation. It also evolved its risk management model to reflect market developments and behavioral changes to ensure the competitiveness and demand for its products amongst targeted higher quality prime and near-prime borrowers.

As a data intelligence-embraced organization, it constantly refines its operational efficiency and enhances target customer identification and market penetration using dynamic data analytics and by connecting with high-quality customer acquisition channels.

Loan origination volume reached a record high of RMB52.19 billion for the Year, representing increase of 28.2% compared to the year ended 31 December 2021.

Continue to target customer life-time value higher

The Group remains focused on improving the user experience to retain high quality customers by optimizing its products, services, and processes while strengthening technological capabilities. As a result, 84.0% of its loan volume for the Year was contributed by repeat borrowers. There has also been a meaningful increase in new borrowers, especially in 2H 2022, delivered rapid growth in loan volume. The number of registered users had expanded to 126.8 million by the year's end.

To reach and stay connected with more of its target customers, the Group has expanded its network of acquisition channels and industry platforms and improved its customer capture methodologies. Collaborations with channels, such as OPPO, Xiaomi, and China Telecom, are proving mutually beneficial. To improve the customer experience on its digital platform, the Group continued to refine its online APPs along with various loan facilitation and post-loan management services.

Asset quality remains robust over the long term

2022 was a challenging year. To address this, the Group has implemented a new generation of multi-source scorecards and timely adjusted its credit policies to reduce the systemic risks as well as adjusted its customer segmentation to re-balance long-term revenue and risk, with more resilient portfolio.

Among the asset quality indicators, the Group was able to maintain its 2022 first payment delinquency ratio at a low industry-wide level of approximately 0.43%. Its M1-M3 ratio and M3+ ratio declined from 4.01% and 2.39% in the fourth quarter of 2021 to 3.53% and 1.77% in the fourth quarter of 2022, respectively.

Stable financial institutional partners enable the Group to build a sustainable compliant business

By the end of 2022, the Company maintained effective relationships with 92 external funding partners, including 20 nationwide joint-stock commercial banks, consumer finance companies, and trusts, which constituted a diverse and affluent funding pool to support its goals.

With this foundation, allied to third-party guarantee companies and asset management companies capable of providing funding flexibility and protection for its funding partners. The Group emphasized on pure loan facilitation model and achieved triple-digit year-over-year growth in both loan volume and partner numbers. Moreover, to strengthen relationships with funding partners, the Group continued its collaborative work with them to explore potential technology cooperation opportunities to empower their digital capabilities.

Outlook

As an innovation-oriented and technology-driven finance company, the Group will proactively hone its business strategies and upscale its technology. In addition to growing its existing consumer finance operation in China, the Group shall also look to expand and diversity its business strategies by investing or collaborating in or acquiring similar, related or complementary business and industries in other jurisdictions including Hong Kong, South-East Asia and Europe.

Going forward, the Group intends to continue to streamline and extend its credit solutions to better serve customers, thus improving brand recognition, as well as customer loyalty and creditworthiness profile of its customers. The Group will also enhance risk management capability through evolving technology and artificial intelligence; strengthen long-term collaborations with licensed financial institutional partners and other business partners; ensure its business is conducted within applicable regulatory parameters to achieve regulation-centric sustainability; review and assess potential business prospects and invest or collaborate in or acquire similar, related or complementary business and industries in China and other jurisdictions; and cultivate dynamic enterprise value and culture, grow in-house talents.

About VCREDIT Holdings Limited (2003.HK)
VCREDIT Holdings Limited (stock code: 2003.hk) ("VCREDIT") is a leading player in China's consumer finance industry with over 10 years of track record. The Company caters to prime and near-prime borrowers underserved by traditional financial institutions by online consumption products. To match the funding needs for these products, the Company primarily engages institutional funding partners through three types of sustainable and scalable funding structures: trust lending, credit-enhanced loan facilitation and pure loan facilitation. Through such funding structures, VCREDIT provides institutional funding partners with solutions at varying levels of risk discretion and flexible profit-sharing arrangements. Website: https://www.vcredit.com/

For enquiries, please contact Hill+Knowlton Strategies Asia:
Joanne Lam / Jennifer Wong
Tel: (852) 2894 6211 / (852) 2894 6255
Email: vcredit@hkstrategies.com


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

DepEd leaders, local school leaders and EdTech experts gather to discuss the future of K-12 education and hybrid learning in Manila this April

MANILA, Mar 24, 2023 – (ACN Newswire) – On 19-20 April 2022, EDUtech Philippines 2023 will bring together DepEd school leaders, educators, and policymakers to discuss the future of K-12 education in the Philippines and the rise of hybrid learning in today's schools. This event is happening live, in-person on 19 April 2022 at SMX Convention Center Manila, Manila, Philippines and will be available on-demand, online, on 20 April 2022.


As education continues to be shaped by the ongoing acceleration of digitalisation, it's more important than ever for all K-12 education stakeholders to stay informed about the latest trends in pedagogy, curriculum, policy, and of course solutions that enable this transformation. This hybrid event focus on discussions on innovation in how education is delivered, and opportunities to assess solutions and network.

Gracing the event is the Guest of Honour, Mr Kristian R. Ablan, Undersecretary, Department of Education (DepEd), who will be opening the event through a keynote address and fireside chat at 9.30am on 19 April, live in-person. Mr Kristian R. Ablan will share more Philippines' roadmap to the hybrid future of education and plans for a digitally transformed education.

Building on this outlook, will be a series of interactive and in-depth panel discussions featuring DepEd school leaders and EdTech experts on a variety of issues including, strategic leadership, curriculum design, student engagement and professional development.

Additionally, get a holistic perspective on hybrid learning with our student panel. Moderated by Dr. Margarita Consolacion Ballasteros, Director IV, International Cooperation Office, Department of Education (DepEd), this panel features three students from local DepEd schools, and they will be sharing how digitalisation has impacted their learning experience.

Other featured speakers at EDUtech Philippines 2023 include:

1. Dr Ferdinand B. Pitagan, ICTS Director IV, Department of Education
2. Estela L. Cariño, Regional Director – Cordillera Administrative Region (CAR), Department of Education
3. Dr Vivian luz S. Pagatpatan, OIC Schools Division Superintendent, Alaminos City Division, Pangasinan Region 1
4. Dr Jay-Arr Tayao, Education Program Supervisor I, Schools Governance and Operations Division, Department of Education-Schools Division, Office of Bulacan
5. Dr Ernani Fernandez, Education Program Supervisors (EPS), Department of Education Regional Office VIII
6. Shella Mae Pareja, Senior Educational Technology Specialist, Educational Technology Unit, Department of Education
7. Prof. Edizon Fermin, Teacher Education and Curriculum Innovation Specialist, Vice President for Academic Affairs, The National Teachers College
8. Maria Louella M. Tampinco, Director for Basic Education, Miriam College, Quezon City
9. Dr Lyna Basri, Secondary School Principal IV, Basilan National High School
10. Dr Wilma C. Manio, Principal IV, Commonwealth Elementary School, SDO-Quezon City
11. Dr Jeremy Cruz, Secondary School Principal, Legazpi City National High School – Department of Education
12. Mark Sy, Chief Academic Officer, APEC Schools
13. Abygail Magbag, Subject Head, JHS English Department, PAREF Woodrose School
14. Dr Dary Dacanay, Director for Academics, St. Patrick School of Quezon City
15. Leah Marie Tumlos-Castillo, Junior High School Vice Principal, De La Salle Santiago Zobel School
16. Jasthyne Cates Salazar, Assistant School Principal II, DepEd – Don Alejandro Roces Sr. Science-Technology High School
17. Dr Gina Juanitez Tolledo, Principal IV, Deparo Elementary School, SDO Caloocan City
18. Dr Hilda N. Garcia, Principal III, Dr Clemente N. Dayrit Sr. Memorial High School
19. Ramil Sanchez, Director III, Philippine Science High School – Caraga Region Campus
20. Dr Alyanna Tobias, Instructional Design Head, STI Education Services Group

About EDUtech Philippines 2023
Date & Venue: 19 April | SMX Convention Center, Manila, Philippines
20 April | Virtual
Website: https://www.terrapinn.com/conference/edutech-philippines/index.stm

About Terrapinn

Terrapinn is a business media company. Its products are trade exhibitions, conferences, training solutions and electronic and print publications. For more information, please visit www.terrapinn.com.

Note: Press registration for the conference is compulsory and advance scheduling for speaker/ sponsor interviews is recommended. Press passes are strictly reserved for reporters, journalists, editors only. Final issuance of press passes is subjected to Terrapinn's discretion. For your complimentary press pass, please contact the following:

Edlyn Cho
Terrapinn Pte Ltd
edlyn.cho@terrapinn.com

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

WEILONG announced 2022 Annual Results

HONG KONG, Mar 23, 2023 – (ACN Newswire) – Weilong Delicious Global Holdings Ltd ("WEILONG" or the "Company") (Hong Kong stock code: 9985.HK) announced its audited annual results for the year ended 31 December 2022.

In 2022, COVID-19 had a significant impact on the Chinese consumer market, causing instability in the food production industry's supply chain, and suppressing retail consumer spending to some extent. As a leading spicy snack food company in China, WEILONG faced challenges in the production and delivery due to the resurgence of the COVID-19. Despite this, it still achieved steady performance. The Group's adjusted net profit for 2022 was approximately RMB 913 million (RMB, the same below), representing an increase of 0.6% year-on-year ("YoY"). The adjusted net profit margin increased from 18.9% in 2021 to 19.7% in 2022. In addition, the Group continues to strengthen its research and development efforts. In the first half of the year, it upgraded its main products and product packaging, launched Latiao sharing packages suitable for home and party scenes. At the same time, it continues to optimize the consumer experience by continuously refining and enriching the product matrix based on the "multi-category single product" strategy.

The Group's revenue in 2022 was approximately RMB 4,632 million, a slight decrease of 3.5% YoY. However, due to the increase in average selling prices of the Group's products, the Group's gross profit and gross profit margin both improved. The gross profit increased to approximately RMB 1,960 million, an increase of about RMB 167 million from the same period last year. The gross profit margin increased by 4.9 percentage points from 37.4% in 2021 to 42.3% in 2022.

WEILONG was successfully listed on the Main Board of the Hong Kong Stock Exchange in December 2022. After deducting Share-based payment to employees, Listing expenses and Share-based payments related to Pre-IPO Investments, the Group's profit changed to RMB 151 million. However, judging from the growth performance of the adjusted net profit and adjusted net profit margin, WEILONG remained in a stable growth trend in 2022.

The Board recommends the distribution of a final cash dividend of RMB 0.12 per share (inclusive of tax, the same below), representing approximately 30% of the adjusted net profit of the Group for the year ended December 31, 2022, besides, in order to thank investors for the support and trust in the Global Offering, the Board proposed to declare a special dividend of RMB0.12 per share, representing approximately 30% of the adjusted net profit of the Group for the year ended December 31, 2022, a total dividend of RMB 0.24 per share will be distributed for the year. However, the implementation of the recommendation is subject to approval of the annual general meeting.

In 2022, WEILONG continued to upgrade its distribution channels. In terms of the offline channels, the Company has strengthened its sales team, continuously expanded POS coverage, and improved its execution and service capabilities for key channels and stores. Through in-depth channel building over years, WEILONG has a nationwide distribution network that deeply penetrates the Chinese market. As of the end of December 2022, WEILONG cooperated with over 1,847 offline distributors. In terms of the online channels, the Company continued to strengthen its platform coverage and refined operations. At the same time, WEILONG has also actively expanded its overseas distribution network. As of the end of December 2022, WEILONG's products are sold through distributors to more than 143 shopping malls, supermarkets, and chained convenience store operators in different countries or regions.

Mr. Liu Weiping, Chairman of the Board of WEILONG, commented, "2022 was a significant year for WEILONG. Despite faced many challenges in production, supply chain and product delivery due to the resurgence of the pandemic, the Group has actively upgraded its brand, products and digitization. Through the automation and standardization of production lines, WEILONG has effectively implemented precise quality control and reduced labor and energy costs."

He continued, "Looking ahead, the Group anticipates a gradual rebound of the consumer market as pandemic prevention and control measures are eased and consumer confidence recovers. We will persist in enhancing brand building, consolidating marketing resources, and maintaining a brand image that resonates strongly with young consumers. While focusing on our core product categories, we will also explore new product lines, strengthen product quality to heighten core competitiveness, expand our distribution network, enhance POS coverage and service capabilities, and persist in team building. We will also reinforce our production, manufacturing, and R&D capabilities, and improve the Company's operating efficiency. We aim to create values for our shareholders, customers, and consumers in multiple ways."

About Weilong Delicious Global Holdings Ltd
Wei Long Delicious Global Holdings Limited ("WEILONG") has always adhered to the mission "to let the world fall in love with Chinese flavors" and the values of "consumer-centric and innovation-driven organization". It has been firmly committed to the vision of "transforming traditional food into a more entertaining, casual, convenient, affordable, and smart lifestyle platform that lasts for 123 years", and continuously builds itself as the leading company of spicy snack products focusing on consumers.

WEILONG focuses on turning authentic Chinese gourmet into casual snack food that consumers can enjoy anytime, anywhere, and adheres to a product strategy of "multiple categories and large single product", covering seasoned flour products, vegetable products, bean-based products, and other product categories. The seasoned flour products (commonly known as "Latiao") mainly include big and small Latiao, spicy hot sticks, mini hot sticks, and Kiss Burn. The vegetable products mainly include Konjac shuang and Fengchi kelp. The bean-based products and other products mainly include soft tofu skin, 78 degree sed eggs, and meat products.

According to Frost & Sullivan, in terms of retail sales value in 2021, Weilong ranked first among all spicy snack food enterprises in China, with a market share of 6.2%, and ranked first in each of the seasoned flour product and spicy vegetable snack product categories. WEILONG is a popular snack food brand among young consumers in China, with its main consumer group being people aged 35 and under. Through interesting and topical marketing methods, WEILONG awarded 2022 GEN-Z's Annual Favourite Award "Inspirational Vitality Brand" and won TMTPOST's 2022 Global Innovation Award "Consumer Brand of the Year".

WEILONG successfully listed on the Main Board of the Hong Kong Stock Exchange (stock code: 9985.HK) on 15 December 2022, and was selected by the Hang Seng Indexes Company Limited on February 24th, 2023 to be included as a constituent stock of the Hang Seng Composite Index, the Hang Seng Composite MidCap Index, and the Hang Seng Consumer Goods Index. At the same time,WEILONG was also included in the list of stocks under the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect, and the changes took effect on March 13th, 2023.

For more information, please visit https://www.weilongshipin.com/


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

Anglepoint Launches ServiceNow App: IBM Licensing for Software Asset Management

SAN FRANCISCO, CA, Mar 23, 2023 – (ACN Newswire) – Anglepoint, the leading Software Asset Management (SAM) services provider to the Fortune 500 and Global 2000, has launched its first app on the ServiceNow app store, IBM Licensing for Software Asset Management. This app, combined with Anglepoint's IBM Managed Service, offers the ability to identify, measure, and track IBM's software natively within ServiceNow. The app is available now in the ServiceNow Store as part of the ServiceNow "Utah" release and is a companion app to ServiceNow's IBM License Compliance for Software Asset Management app.



For customers who are also under IBM's Authorized SAM Provider program (IASP) with an Anglepoint managed service, IBM may accept this solution as a replacement to ILMT for sub-capacity reporting.

Anglepoint Vice President Mari Petersen says, "As a leader in the Gartner Magic Quadrant three years in a row, Anglepoint is the premier organization to provide solutions to our clients that best meet their needs and benefit their ITAM Programs. For organizations who have or are considering investing in the ServiceNow platform and services for IBM software asset management, this app is the obvious solution. Connecting Anglepoint's unparalleled expertise in IBM licensing with the power of the ServiceNow solution provides customers with the opportunity to understand how to optimize their IBM software licensing spend."

Key features and benefits of the IBM Licensing for Software Asset Management app include:
– Measure IBM sub-capacity (under the IASP program only)
– Access IBM licensing expertise
– Simplify license management
– Gain confidence and visibility of IBM assets within ServiceNow SAMP
– Identify opportunities for cost reduction

The launch of the app in partnership with ServiceNow provides IBM customers a solution that leverages the full power of the ServiceNow platform.

To access the free app, customers will need to be using the newest version of ServiceNow "Utah" and engage with Anglepoint for an IBM Managed Service. To learn more about this solution, please contact Anglepoint at servicenow@anglepoint.com.

ABOUT ANGLEPOINT

Anglepoint is the leading provider of Software Asset Management & Technology Asset Management services to the Fortune 500 & Global 2000. Anglepoint's services drive cost optimization, risk mitigation & strategic planning within the cloud, SaaS, enterprise software & hardware estates of complex hybrid IT environments. Anglepoint delivers comprehensive managed services, including SAM strategy, execution, process automation, and technology selection & implementation. Connect with Anglepoint on LinkedIn, Facebook, Twitter, and Anglepoint.com.

Contact Information
Alison Frederick
Director of Analyst Relations and Client Experience
info@anglepoint.com

SOURCE: Anglepoint

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

Dazz Selected as Finalist for RSA Conference 2023 Innovation Sandbox Contest

PALO ALTO, CA, Mar 23, 2023 – (ACN Newswire) – Dazz, the leader in cloud security remediation, has been named one of 10 finalists for the RSA Conference(TM) 2023 Innovation Sandbox contest for its work delivering the Dazz Remediation Cloud SaaS platform. Dazz will present its technology to a panel of renowned industry judges and a live in-person audience on Monday, April 24 at RSA Conference 2023 in San Francisco.
Merav Bahat, Co-Founder and CEO, Dazz (Credit: Netanel Tobias)


Since 2005, the RSAC Innovation Sandbox has served as a platform for the most promising young cybersecurity companies to showcase their groundbreaking technologies and compete for the title of "Most Innovative Startup." The competition is widely recognized as a catapult for success and the top 10 finalists have collectively celebrated 75 acquisitions and received $12.5 billion in investments over the last 18 years. Dazz will have three minutes to pitch to the panel of judges before a question-and-answer round.

"The RSA Conference Innovation Sandbox contest is one of the most exciting highlights of the week as we get to watch 10 of the cybersecurity industry's best and brightest up-and-coming stars shine on stage with provocative and cutting-edge ideas," said Linda Gray Martin, Senior Vice President, RSA Conference. "The demanding challenges and threats we face are only getting more complex in both size and severity, and we need smart, determined and skilled individuals and companies to make an impact and help tackle what lies ahead."

The Dazz Remediation Cloud is a SaaS platform that accelerates cloud-native remediation and risk reduction for security and development teams. The company's patented Root Cause Analysis engine uniquely analyzes data collected from the entire architecture to learn which cloud resource caused the issue seen in the cloud security tool, trace the issue back to the pipeline that was used to deploy it, and discover what triggered its build. Through the Dazz platform, security teams can quickly uncover the commit and developer who applied the change, and then share root cause context for faster, more efficient developer remediation-without any changes to the architecture. As a result, teams are able to quickly uncover blind spots in the CI/CD pipeline, shrink alert backlog, and streamline fixes right in the developer's workflow.

Dazz emerged out of stealth in December 2021, while announcing $60 million in funding. Its investors include some of the world's most prominent venture capital firms, such as Insight Partners, Greylock, Index Ventures, and Cyberstarts. The company already counts 25 of the Fortune 500 as customers.

"We improve the lives of cloud security and development teams by taking the pain and inefficiency out of the manual remediation process," said Merav Bahat, co-founder and CEO of Dazz. "Instead of chasing a never-ending backlog, security teams can now rapidly prioritize the issues that matter most and communicate fixes with context to developers. On average, our customers experience MTTR improvements of 90%, their security and development teams collaborate better together with less friction, and achieve zero criticals within hours."

The RSAC Innovation Sandbox contest kicks off at 12:00 p.m. PT on April 24, and winners will be announced at 3:00 p.m. the same day. The panel of renowned expert judges includes Niloofar Howe, Sr. Operating Partner at Energy Impact Partners; Paul Kocher, Independent Researcher; Shlomo Kramer, Co-founder and CEO, Cato Networks; Barmak Meftah, Co-Founder & General Partner at Ballistic Ventures; and Christopher Young, Executive Vice President of Business Development Strategy and Ventures at Microsoft. Hugh Thompson, Program Committee Chair of RSA Conference, will return to host the contest.

For more information regarding RSA Conference 2023, taking place at the Moscone Center in San Francisco from April 24-27, please visit https://www.rsaconference.com/usa.

About Dazz

Dazz accelerates cloud remediation for security and engineering teams. The Dazz Remediation Cloud maps your code-to-cloud pipelines, reduces your security alerts to their key root causes, and remediates issues right in the developer's workflow. With Dazz, you gain full pipeline visibility, cut through alert noise, increase the value of existing tools, and shrink your risk window by reducing time to remediate. Visit us at dazz.io and follow us on Twitter at @dazz_io and LinkedIn at dazz-io.

About RSA Conference

RSA Conference(TM) is the premier series of global events and year-round learning for the cybersecurity community. RSAC is where the security industry converges to discuss current and future topics and gain access to the experts, unbiased content and ideas that enable individuals and companies to advance their cybersecurity posture and build stronger and smarter teams. Both in-person and online, RSAC brings the cybersecurity industry together and empowers the collective "we" to stand against cyberthreats around the world. RSAC is the ultimate marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their companies more secure while showcasing the most enterprising, influential and thought-provoking visionaries and leaders in cybersecurity today. For the most up-to-date news pertaining to the cybersecurity industry, visit www.rsaconference.com. Where the world talks security.

Contact Information
Tamar Harel
Media Consultant
tamar@shalomtelaviv.com
+972508879311

SOURCE: Dazz

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

Society Pass Inc (Nasdaq: SOPA) Reports Compelling 4Q 2022 and FY 2022 Financial Results

NEW YORK, Mar 23, 2023 – (ACN Newswire) – Society Pass Inc. (Nasdaq: SOPA) ("SoPa"), Southeast Asia (SEA)'s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces unaudited financial results for fourth quarter ended 31 December 2021 and audited financial results for the full year ended 31 December 2022 and a filing of its 2022 Form 10-K with the Securities and Exchange Commission (SEC).

Click Here (on SEC website) to view 2022 Form 10-K filing. https://www.sec.gov/ix?doc=/Archives/edgar/data/1817511/000160706223000144/sopa123122form10k.htm

Summary Points:

– 4Q 2022 revenues grew 530% year on year (from $419,062 in 4Q 2021 to $2,641,137 in 4Q 2022).
– Full year 2022 revenues grew 984% year on year (from $519,885 in full year 2021 to $5,635,553 in full year 2022).
– 4Q 2022 gross profit grew to $673,969 from -$27,328 in 4Q 2021.
– Full year 2022 gross profit grew to $966,973 from -$190,798 in full year 2021.
– 4Q 2022 gross margin percentage improved to 25.5% from -6.5% in 4Q 2021.
– Full year 2022 gross margin percentage improved to 17.2% from -36.7% in full year 2021.
– Compared to 4Q 2022 revenue growth of 530%, 4Q 2022 cash operating expenses grew only 128% year on year (from $2,072,332 in 4Q 2021 to $4,739,929 in 4Q 2022).
– Compared to full 2022 revenue growth of 984%, full year 2022 cash operating expenses grew only 323% year on year (from $4,721,048 in full year 2021 to $20,015,750 in full year 2022).
– With cash on hand of $18.9 million and book value of $20.3 million on 31 December 2022, SoPa is well capitalised for the expected roll out of Society Pass loyalty platform in 2Q 2023 and continuing acquisitions of SEA companies in loyalty, lifestyle, food & beverage delivery, telecommunications, digital media, and travel verticals for the rest of 2023.
– Since inception, SoPa has onboarded approximately 3.3 million registered consumers and approximately 205,000 registered merchants/brands onto its ever-expanding next generation digital ecosystem and loyalty platform in SEA.
– SoPa completed a total of seven acquisitions in 2022, including Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; Mangan.ph, a leading local restaurant delivery service in Philippines, and More Media, a Indonesia-based design and branding agency.
– SoPa now operates six verticals in SEA, namely, loyalty, lifestyle, food and beverage delivery, telecommunications, digital advertising, and travel.
– SoPa currently operates five SEA countries, namely, Singapore, Vietnam, Indonesia, Philippines and Thailand.
– SoPa currently employes approximately 250 people throughout SEA countries.

Raynauld Liang, Society Pass Inc Chief Financial Officer, explains, "Our compelling fourth quarter 2022 and full year 2022 financial results validate our acquisitions-focused business plan here in SEA. For 4Q 2022 and full year 2022, we achieved year on year revenue growth of 530% and 984%, respectively. By comparison, for 4Q 2022 and full year 2022, we recognised year on year cash operating expense growth of only 128% and 323%, respectively. In other words, despite growing at breakneck pace in the five largest economies of SEA, our revenues are growing much faster than our expenses. We focused on dramatically improving our gross margins, whilst generating outsized revenue growth in our lifestyle, digital advertising and travel businesses.

For 2023, the company's management continues to focus on substantially improving our operating margins by driving cost efficiencies across our SoPa ecosystem and increasing revenues in our six verticals via organic growth and acquisitions. As a result, our management team forecasts achieving profitability in 2H 2023, which is a year earlier than our prior forecasts of 2H 2024."

About Society Pass Inc.

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Use of Non-GAAP Financial Measures

In addition to financial information prepared in accordance with U.S. GAAP, this document also contains certain non-GAAP financial measures based on management's view of performance including cash operating expenses. Management uses such measures internally for planning and forecasting purposes and to measure the performance of the Company. We believe these adjusted financial measures provide useful and meaningful information to us and investors because they enhance investors' understanding of the continuing operating performance of our business and facilitate the comparison of performance between past and future periods. These adjusted financial measures are non-GAAP measures and should be considered in addition to, but not as a substitute for, the information prepared in accordance with U.S. GAAP. When preparing these supplemental non-GAAP financial measures we typically exclude certain GAAP items that management does not consider to be normal, recurring non-cash operating expenses.

Years ended December 31 2022 | 2021
Total operating expenses $(35,123,029) | $(34,021,405)
Amortisation and depreciation 3,307,832 | 3,210,448
Goodwill Impairment 3,499,881 | 200,000
Stock-based compensation for services 8,299,566 | 25,889,909
Cash Operating Expenses $20,015,750 | $4,721,048

Cautionary Note Concerning Forward-Looking Statements

This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

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

Emperor W&J Announces 2022 Annual Results

HONG KONG, Mar 23, 2023 – (ACN Newswire) – Emperor Watch & Jewellery Limited (the "Group" or "Emperor W&J") (Stock code: 887), a leading retailer of European-made watches and fine jewellery, announced its annual results for the year ended 31 December 2022 (the "Year").

During the Year, the pandemic continued posing an unstable business operating environment for the Group, and the Group's total revenue was HK$3,684.3 million (2021: HK$3,926.6 million). Revenues from Hong Kong and mainland China were HK$1,652.5 million (2021: HK$1,739.3 million) and HK$1,186.3 million (2021: HK$1,227.8 million), respectively, accounting for 44.9% (2021: 44.3%) and 32.2% (2021: 31.3%) of the total revenue, respectively. In terms of revenue by product segment, the sales revenues from the watch and jewellery segments were HK$3,017.6 million (2021: HK$3,268.9 million) and HK$666.7 million (2021: HK$657.7 million), respectively, accounting for 81.9% (2021: 83.3%) and 18.1% (2021: 16.7%) of the total revenue, respectively.

Gross profit was HK$1,177.3 million (2021: HK$1,229.5 million), while the gross profit margin increased slightly to 31.9% (2021: 31.3%). Attributable to the increase in gross profit margin and its effective cost saving measures, the Group's net profit increased by 8.3% to HK$222.1 million (2021: HK$204.7 million) during the Year. Basic earnings per share was HK3.28 cents (2021: HK3.02 cents). The Group has recommended the payment of a final dividend of HK0.62 cent (2021: HK0.35 cent) per share. Together with the interim dividend of HK0.38 cent (2021: HK0.55 cent) per share, the total dividends for the Year are HK1.0 cent (2021: HK0.9 cent) per share.

During the Year, the Group's was in a net cash position, hence its net gearing ratio (calculated on the basis of bank borrowings less cash and cash equivalents over net asset value) was zero (2021: zero).

As at 31 December 2022, the Group had a total of 93 stores in Hong Kong, Macau, mainland China, Singapore and Malaysia. During the Year, the Group opened three jewellery stores in Hong Kong, as well as four jewellery stores and one Rolex store in mainland China. The Group will continue with prudent expansion of its network, and is expected to open jewellery stores in Tai Wai and Kwun Tong, Hong Kong, as well as Chengdu and Hebei, mainland China in 2023.

Ms. Cindy Yeung, Chairperson of Emperor W&J, said, "Subsequent to the Year, the borders between Hong Kong, Macau and mainland China have been fully reopened, and the inbound quarantine measures for all travelers have been lifted. The number of Hong Kong's visitor arrivals is expected to increase, which will accelerate the revival of tourism and the retail industry. In addition, a stabilising property market and a less volatile stock market will provide incentives for luxury consumption. All these factors will serve as a positive influence on the Group's business."

Mr. Ricky Ng, Chief Executive Officer of Emperor W&J, said, "The Group will continue monitoring the market landscape and developments in various regions, and observe customer preferences and spending patterns, in order to devise appropriate business strategies. With the industry gradually recovering from the pandemic, the Group will adopt a prudent approach, and continue exercising stringent control over operating costs, aiming to enhance operating efficiency and improve profitability."

About Emperor Watch & Jewellery Limited
With long establishment history of 80 years in Hong Kong since 1942, Emperor W&J (887.HK) is a leading retailer principally engages in the sale of European-made internationally renowned watches, and fine jewellery products under its own brand, "Emperor Jewellery". Through its comprehensive watch dealership, unique marketing campaigns and extensive retail network at prime locations in Hong Kong, Macau, mainland China, Singapore and Malaysia, Emperor W&J established a strong brand image amongst its target customers ranging from middle to high income groups worldwide. In recognition of its efforts in investor relations communications, Emperor W&J was granted with "Best IR Company" (Small Cap) and "Best Investor Presentation Material" (Small cap) in HKIRA Investor Relations Awards 2022 by the Hong Kong Investor Relations Association. For more information, please visit its website: www.EmperorWatchJewellery.com.

Investor/Media Enquiries
Anna Luk
Group Investor Relations Director
Tel: +852 2835 6783
Email: annaluk@emperorgroup.com

Janice Au
Group Investor Relations Manager
Tel: +852 2835 6799
Email: janiceau@emperorgroup.com


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

CleverTap Gaming Unveiled at GDC 2023

Mountain View, Calif, Mar 23, 2023 – (ACN Newswire) – CleverTap, the all-in-one customer engagement platform, today at Game Developers Conference 2023 unveiled CleverTap Gaming – soon to go live in the summer of 2023. Through full player management, the latest offering will help boost revenue from LiveOps, Lifecycle Marketing, and Remote Configuration by 3x with personalization across the entire player journey. The platform is powered by TesseractDB(TM), CleverTap's proprietary data engine, which is built for real time triggering & segmentation with high performance, low latency, and massive economies of scale.

CleverTap Gaming brings holistic and sophisticated multi-channel campaigns inside and outside the in-game experience. With a simplified UI, it reduces the dependence on technical teams and increases operational efficiency. By leveraging CleverTap's proprietary TesseractDB(TM), it offers rich granularity with unlimited data points and no restrictions on lookback period. Previously, the lack of these features could have been a limiting factor for game studios trying to maximize retention and lifetime value, but CleverTap Gaming unlocks these use cases enabling game studios to scale their personalization efforts to new heights. Also, given its versatility, CleverTap Gaming offers a vast array of benefits within various functions in typical game studios:

1. LiveOps: With over 2000 unique player attributes (10x more than industry average), LiveOps Managers can improve the relevance of their offers with much more granular insights into user behavior and preferences.

2. Marketing: Consumers have vastly different preferences and a single journey does not fit each and every one of them. As such, conditional logic, advanced branching, and unified composition flow across all channels can help marketers plan campaigns with contingencies in mind. The advanced segmentation feature can also help marketers create better targeted campaigns from the outset.

3. Development: The ability to integrate with existing backend solutions lowers the barrier to transition for gaming studios with other solutions. Native Unity SDK means the platform can enhance developer productivity and shorten release cycles considerably.

"Modern gaming is evolving. They are no longer static endpoints – and with features like LiveOps and Remote Configuration, developers are empowered to make changes in real time without the constraints of approvals and a relaunch." said Lawrence Hsieh, Principal Product Manager at MobilityWare. "CleverTap Gaming gives us an all-in-one cost effective solution that ensures consistency and efficiency while not only developing, but also promoting an update."

"With over 2.6 billion mobile game players globally, it is only a matter of time before the growth trajectory flattens out and retention becomes a bigger area of focus. We hope that CleverTap Gaming can accompany those studios looking to stay ahead of the curve by maximizing their pre-existing user base via personalized and relevant messaging." said Sunil Thomas, Co-founder and Executive Chairman at CleverTap. "When we acquired Leanplum last year, we looked to strengthen our footprint within various verticals and geographies. CleverTap Gaming is another step in this direction, and we are confident that it will further accelerate our growth journey."

About CleverTap Gaming, powered by Leanplum

CleverTap Gaming is powered by Leanplum and helps gaming studios achieve engagement and revenue goals by providing the tools and expertise to deliver more personalized player experiences at scale. Learn more about what CleverTap can do for your brand at clevertap.com. For a platform demo, visit clevertap.com/live-product-demo/

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

VISHAAL MUDHOLKAR
Consultant
Archetype
+91 9724309069
vishaal.mudholkar@archetype.co

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

Accrelist’s subsidiary, Jubilee, to unlock remaining shareholding in its Electronics Business Unit for S$21.4 million

SINGAPORE, Mar 23, 2023 – (ACN Newswire) – Accrelist Ltd.'s 53.31%-owned subsidiary, Jubilee Industries Holdings Ltd, has entered into a Sales and Purchase Agreement (SPA) with UPC Electronics Pte. Ltd. (the "Purchaser") for the sale of the Company's remaining 86% shareholdings in We Components Pte. Ltd. (WEC) (the "Proposed Disposal").

The Proposed Disposal follows the successful completion of Jubilee's sale of 14% shareholding interest in WEC ("First Disposal") as announced on 9 March 2023. The Hong Kong incorporated Purchaser's main business is the promotion and distribution of products and solutions of semiconductor manufacturers in the People's Republic of China and overseas. Upon completion of the Proposed Disposal, WEC shall cease to be a subsidiary of Jubilee.

The aggregate consideration of US$15.9 million (approximately S$21.4 million based on the exchange rate of USD 1: SGD 1.3486) for the Proposed Disposal will be satisfied fully in cash. The Proposed Disposal will enable Jubilee to re-strategise its financial and capital resources. Accrelist's Executive Chairman and Chief Executive Officer, Dr Terence Tea, said, "The Proposed Disposal reflects the EBU's deep value. To the fullest extent permissible under the laws, Jubilee intends to return the sale proceeds to its shareholders in an effective and cost efficient manner."

This press release should be read in conjunction with the full text of the announcement: https://links.sgx.com/FileOpen/Accrelist%20-%20Disposal%20Announcement%20220323.ashx?App=Announcement&FileID=750650

About Accrelist Ltd. [ACC:SP]

Accrelist Ltd. ("Accrelist") seeks to create long-term value for our shareholders and business partners by unlocking and adding value to the companies we invest in. The Group continues to actively pursue new opportunities with a growing focus on medical aesthetics.

The Group's wholly owned subsidiary corporations include the Accrelist Medical Aesthetics group of companies, branded as A.M Aesthetics, and A.M Skincare Pte. Ltd. ("A.M Skincare").

A.M Aesthetics operates a chain of registered medical aesthetics clinics in Singapore and Malaysia which use state-of-the-art equipment and clinically proven solutions to deliver a wide range of highly reliable and effective treatments.

A.M Skincare is principally involved in the retail sale of pharmaceutical and medical goods. It develops and distributes its own original design manufacturer clinical skincare products ("ODM") with support from South Korean dermatologists alongside other non-ODM products.

In addition, Accrelist holds a 53.31% controlling stake in Jubilee Industries Holdings Ltd. ("Jubilee"), a one-stop service provider with two main business segments:
1. Mechanical Business Unit (MBU) which is engaged primarily in precision plastic injection moulding and mould design and fabrication services; and
2. Electronics Business Unit (EBU) which distributes integrated electronic components.

Headquartered in Singapore, Jubilee's production facilities span across Malaysia and Indonesia. Jubilee's products are sold to customers in Singapore, Malaysia, Indonesia, Vietnam, India, the People's Republic of China, the United States and various European countries.

For more information, please visit www.accrelist.com.sg

Issued on behalf of Accrelist Limited
By Waterbrooks Consultants Pte. Ltd.

For media enquiries, please contact:
Wayne Koo
+65 9338 8166
wayne.koo@waterbrooks.com.sg

Elliot Siow
+65 8375 0417
elliot@waterbrooks.com.sg

This Press Release has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").

This Press Release has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this Press Release including the correctness of any of the statements or opinions made or reports contained in this Press Release.

The contact person for the Sponsor is:
Name: Mr Mah How Soon, Registered Professional, RHT Capital Pte. Ltd.
Address: 36 Robinson Road, #10-06, City House, Singapore 068877s
sponsor@rhtgoc.com

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