Asia Pacific Cell & Gene Research: Novotech is Growing 50% Faster than ROW

SYDNEY, AU, Feb 3, 2023 – (ACN Newswire) – Novotech, the leading Asia Pacific focused biotech specialist CRO and recipient of the Asia Pacific Cell & Gene Therapy Clinical Trials Excellence award, said the number of cell & gene therapy trials in the region was growing 50% faster than ROW. The majority of trials are in oncology, specifically for blood cancers, viral infections, and solid tumors.

Novotech, which has extensive experience in cell & gene therapy clinical trials, is sponsoring the 6th Annual Cell And Gene Therapy Innovation Summit in Berlin, Germany (15-16 February 2023).

The company recently acquired EastHORN, a European CRO with clinical, medical and regulatory expertise in multiple strategically important locations across the continent. The acquisition is part of Novotech's global expansion program in Europe and the US.

The acquisition means biotech clients can access Novotech's unique and unparalleled suite of early to late-phase CRO services across Europe and the US, with a specialist focus on Asia Pacific where the company has built a reputation for delivering high-quality expedited clinical trials.

The latest data shows Asia Pacific is the fastest-growing region globally for cell & gene therapy trials representing more than a third of all cell & gene studies, with China leading in the region.

The region already accounts for over a third of cell & gene therapy trial activity and shows a nearly 50% faster growth rate in cell & gene therapy trials compared to ROW between 2016 and 2021. China shows a 15% faster growth rate than the ROW. After oncology, the majority of cell & gene trials are in infectious diseases, CNS, and cardiovascular diseases.

In addition, the Asia Pacific is the leading location globally for CAR-T trials with China attracting ~60% of all CAR-T trials globally between 2015-2022.

Novotech CEO Dr. John Moller said: "Cell & gene therapy research typically presents another level of complexity and regulatory processes which means an experienced CRO partner is vital. Our deep experience, exceptional site and investigator relationships – which also translates to patent access – our project management approach focused on problem-solving, ownership and flexibility, and our investments in data and technology combine to deliver the service biotechs need in this specialist sector for success."

Novotech has recently been benchmarked as a top 10 CRO among the world's leading CROs, selected for the Asia-Pacific Contract Research Organization Company of the Year Award, and has signed 45 Leading Site Partnership agreements over the last 3 years.

Download our latest data report:
Evolution of Clinical Trials in the Asia Pacific Region Compared to the US and the EU5
https://novotech-cro.com/whitepapers/evolution-clinical-trials-asia-pacific-region-compared-us-and-eu5

About Novotech (Novotech-CRO.com)

Novotech is internationally recognized as the leading Asia Pacific centred biotech Contract Research Organization (CRO) with global execution capabilities.

Novotech is a clinical CRO with labs, phase I facilities, drug development consulting services and FDA regulatory expertise and has experience in over 3,700 pre-clinical and clinical projects, including Phase I to Phase IV clinical trials and bioequivalence studies. Novotech is positioned to serve biotech clients conducting clinical trials in Asia Pacific, the US and Europe. Novotech has over 2,700 staff working across offices in 20 geographies. For more information visit https://novotech-cro.com/contact

Media Contact
David James
communications@novotech-cro.com
AU: +61 2 8218 2144
USA: +1 415 951 3228
Asia: +65 3159 3427

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

SF Intra-City’s H share full circulation expected to complete 78.95 million unlisted domestic shares to be listed on 7 February

HONG KONG, Feb 3, 2023 – (ACN Newswire) – Hangzhou SF Intra-City Industrial Co., Ltd. ("SF Intra-City" or the "Company", together with its subsidiaries the "Group"; stock code: 9699), the largest third-party on-demand delivery service platform in China(1), announced today that based on the current timetable, which is subject to adjustment, the conversion of 78,947,684 unlisted domestic shares of the Company into H shares is expected to be completed on 6 February 2023, and that the listing of the Converted H Shares on the Stock Exchange will commence at 9:00 a.m. on 7 February 2023.

Upon completion of the conversion and listing, the Company's total number of H shares will be increased from 231,341,342 to 310,289,026, representing an increase in the approximate percentage of issued H shares from 24.78% to 33.24% of the Company's total number of shares.

The Company expects H share full circulation to increase trading volume in the Company's shares, boost liquidity and improve the turnover rate, further improve the Company's corporate governance structure, enhance the Company's capital market performance and strengthen investors' focus on the Company's value proposition. H share full circulation is also expected to promote the Group's long-term development by reducing the mismatch between the market capitalisation of its shares and the size of its business. The Company believes that H share full circulation will enhance capital allocation demand for its shares and boost its valuation, which will benefit the Company's development and shareholders' interests in the long run.

The positive news regarding the H share full circulation follows the Group's recent announcement of a more than 50% year-on-year reduction in its loss for the financial year 2022. In 2022, the Group strived to provide high quality, efficient and stable instant fulfilment services, achieving good revenue growth and enhanced economies of scale and network effects thanks to its efforts to build a healthy and robust business structure and its in-depth cultivation of diversified service scenarios such as delivery in a broad range of sectors, including the food and beverage and retail sectors, its expansion in lower-tier cities and personalised services. Furthermore, the significant improvements in the Group's gross profit and gross profit margin for the Year are attributable to differentiated services driving high-value orders, comprehensive planning and scheduling driven by technology to achieve better delivery network efficiency and various measures to continuously refine management and enhance operation quality, which led to improvement in the efficiency of resource allocation and utilisation.

About Hangzhou SF Intra-City Industrial Co., Ltd. (stock code: 9699.HK)
SF Intra-City focuses on the emerging opportunities of intra-city on-demand delivery services. Since 2019, SF Intra-City has operated as an independent legal entity to capture the growth opportunities arising from the new consumption trends. SF Intra-City adopts a multi-scenario business model, providing full coverage of delivery scenarios for all types of products and services. The Company's extensive service coverage, ranging from mature scenarios such as food delivery to growth scenarios such as local retail, local e-commerce and local services, has enabled it to respond to the evolving customer needs resulting from the development and upgrade of the local consumer market. For more details, please visit company's website: https://ir.sf-cityrush.com/en/investor-relations/.

(1) Ranking is based on independent third-party order volume in China in 2021, according to iResearch. The calculation of order volume takes into account the number of orders sourced independently by the market players, excluding orders from related parties.


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

FTX Trading Bankruptcy: Protecting Your Company’s Interests

NEW YORK, NY, Feb 2, 2023 – (ACN Newswire) – Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures. Alameda Research and several other FTX-related entities have filed bankruptcy proceedings in Delaware. These multiple filings are all being administered under one matter, In re FTX Trading, USBC Case No. 22-11068.



Most first and second day motions have been heard and either have been granted or are currently pending. Things are moving forward.

On January 18, 2023, FTX debtors moved for an order authorizing and approving procedures for a sale or transfer of what they have termed as "de minimis assets."

FTX debtors define "de minimis assets" as investments and/or interests held by FTX debtors, including Alameda Research, in privately held companies, which (according to FTX debtors) can be easily separated from the debtors' core operations, will not disrupt the core operations, and will generate less value to the estate than other assets. FTX debtors state that the de minimis category includes approximately 185 investments made for $1 million and below, approximately 75 investments made between $1 million and $5 million each and approximately 40 investments made between $5 million and $25 million each.

Notably, FTX debtors state that they are in the process of a "strategic review" of the de minimis assets, including the potential for repurchasing of debtor interests by investees or other investors in these investments.

Although they have not identified these assets specifically, FTX debtors wish to have the court approve an established and expedited procedure for the sale/transfer of these types or category of assets, without the need of moving the court or getting court approval for each sale, but with the oversight of the Official Committee. Put in other words, they wish to get authorization to proceed with these individual sales "off line," and without the need of going through the motion procedure for each specific asset or asset group.

If Alameda Research or any other FTX entity invested in your company, that investment will likely be categorized as a "de minimis asset," subject to this motion, and will now be up for sale through the bankruptcy process. Through that process, you may be asked (compelled) to make public otherwise confidential information in order to facilitate the public auction or sale of those securities or assets. You may also be at risk of a competitor (or other unsuitable purchaser) buying an interest in your company, and in doing so, potentially obtaining other information and management rights. Even without such a sale of assets, you may now have questions around who you may need to provide information and notices to on an on-going basis, as well has who you may need to obtain consent from in order to take actions subject to restrictive covenants in your investment documents. The situation is even more complicated for issuers of SAFTs or other digital assets that may be subject to inconsistent regulation as a security (or not) across various jurisdictions (since the location of the purchaser may impact whether the SAFT/token issuer is subject to US securities law).

Zuber Lawler is in a unique position to provide the described representation. We have represented a large number of clients with operations across the entire scope of distributed ledger technology. Our clients include token issuers (fungible and non-fungible), digital asset platforms and providers of related services, as well as traditional companies (and government entities) who look to understand and enter the digital asset space. A large number of our clients are not domiciled in the United States and we are extremely familiar with the concerns these clients face. In fact several of our existing clients will be part of the ad hoc group. While we cannot make any promise of any particular result, we expect that we will be better positioned to provide the representation described above than any other firm in the United States.

If your company sold investment assets to Alameda Research or FTX Ventures, please reach out to Josh Lawler at Jlawler@zuberlawler.com to set a time for a short video conference to discuss specifics relating to your situation at no charge.

*Attorney Advertisement – Prior Results Do Not Guarantee a Similar Outcome.

For more information, visit https://ZuberLawler.com.

Source: Plato Data Intelligence: https://PlatoAistream.com

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

Dusit International appoints Makoto Yamashita to spearhead hotel openings in Kyoto, Japan

BANGKOK, Feb 2, 2023 – (ACN Newswire) – Dusit International, one of Thailand's leading hotel and property development companies, has appointed Mr Makoto Yamashita as pre-opening General Manager of ASAI Kyoto Shijo and Area GM – Kyoto, Japan.


Makoto Yamashita

Dusit Thani Kyoto

ASAI Shijo Kyoto


Marking an important milestone in Dusit's ongoing global expansion, the 114-key ASAI Kyoto Shijo is one of two Dusit-branded properties set to debut in Japan this year. It is scheduled to soft open in June 2023, followed by Dusit Thani Kyoto, Japan, in September 2023.

With more than three decades of marketing and operational experience behind him, Mr Yamashita has worked in corporate and property roles for renowned brands in his native Japan. This includes more than 10 years working as Assistant Manager – Marketing at the Corporate Headquarters of JAL Hotels (now Okura Nikko Hotels Japan), followed by stints leading well-known properties under Starwood Hotels & Resorts (now Marriott International) and Mori Trust Hotels & Resorts.

Among the positions he held with Starwood in Japan are Director – Global Sales (2006-2010); Director of Sales & Marketing at Sheraton Hiroshima Hotel (2010-2012); Director of Sales & Marketing at The St. Regis Osaka (2012-2016); Executive Assistant Manager at The St. Regis Osaka (2016-2017); and Cluster General Manager of Tokyo Marriott Hotel and Courtyard by Marriott Tokyo Station (2018-2020).

Prior to joining Dusit, Mr Yamashita was Area General Manager of Mori Trust Hotels & Resorts in Tokyo and Nagano. Here, he oversaw the introduction of new digital systems and operational processes that helped enhance the properties' efficiency and profitability.

As General Manager of ASAI Kyoto Shijo and Area GM – Kyoto, Mr Yamashita is responsible for spearheading the opening of ASAI Kyoto Shijo and Dusit Thani Kyoto and ensuring both properties meet their financial and operational objectives.

"I am delighted and honoured to introduce Dusit's unique brand of Thai-inspired gracious hospitality to Japan for the first time at these unique and exciting properties," said Mr Yamashita. "I look forward to leveraging my own experience, and the expertise of my team, to deliver meaningful and memorable experiences that delight our guests and customers, position each hotel for sustainable success, and set a strong foundation for Dusit's further expansion in Japan."

About Dusit International

Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: hotels and resorts, hospitality education, food, property development, and hospitality-related services.

The group's portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of six brands (Dusit Thani, Dusit Devarana, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 16 countries worldwide. The group also operates culinary schools and hospitality colleges in Thailand, plus catering companies for the education sector in Thailand, Cambodia, and Vietnam.

Dusit International's diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification. For more information, please visit dusit-international.com

For more information, please contact:
Sureerat Sudpairak | Corporate Director of Public Relations | Dusit International
Tel: +66 (0) 2200 9999 ext. 3321 | Mobile +66 (0) 89 006 8697 | Email: sureerat.sp@dusit.com

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

HKTDC Education & Careers Expo opens today

HONG KONG, Feb 2, 2023 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the 32nd HKTDC Education & Careers Expo runs from today until 5 February (Thursday to Sunday) at the Hong Kong Convention and Exhibition Centre (HKCEC). Presenting designated zones under two themes, Education and Careers, and with the overall theme of "Ride the Wave to Success", the four-day event is open to the public free of charge, serving as a one-stop platform to offer the most up-to-date information on education, training and career development opportunities.
Choi Yuk-lin, Secretary for Education of the Hong Kong Special Administrative Region (HKSAR) Government, officiated at this morning's opening ceremony for the 32nd edition of the HKTDC Education & Careers Expo

Edmond Yu, Deputy Executive Director, Vocational Training Council; Stefanie Seedig, Consul General, German Consulate General Hong Kong; Sophia Chong, HKTDC Acting Executive Director; Choi Yuk-lin, Secretary for Education of the HKSAR Government; Christile Drulhe, Consulate General of France in Hong Kong and Macau; Thomas Gnocchi, Head of Office, European Union Office to Hong Kong and Macao; and Charles Ho, Assistant Director – Training, Hong Kong Institute of Construction [L-R]

The Career-themed Zones provide the latest information on a wide array of industries


Officiating at the expo's opening ceremony this morning was Choi Yuk-lin, Secretary for Education of the Hong Kong Special Administrative Region (HKSAR) Government. In her welcoming remarks, Sophia Chong, HKTDC Acting Executive Director, said: "Entering its 32nd year, the Education & Careers Expo continues to serve as a unique platform for students and jobseekers looking to connect with different institutions and employers and gain insights into the latest educational opportunities and career options. This year we welcome 700 organisations from 20 countries and regions to the expo and I wish everyone a fruitful event – and the best of luck to those seeking new opportunities."

Education-themed Zones highlight local, mainland and overseas opportunities

This year's expo presents four Education-themed Zones, including the Local Studies Zone featuring universities and post-secondary institutions that provide information on further studies, including Hong Kong Shue Yan University and the Hang Seng University of Hong Kong.

The Overseas & Mainland China Education Zone brings together consulate general offices, officially approved organisations, overseas universities and study centres to provide information and consulting services relating to educational opportunities in different countries and regions, including Europe, the United States, Asia and Mainland China. The Lifelong Learning Zone showcases diversified self-betterment programmes and on-the-job training courses for visitors, covering areas such as influencer or key opinion leader (KOL) training, technology education, lifestyle and language.

At the Youth Zone, visitors can get information from non-profit organisations on career planning and continuing education, and find out more about summer jobs and internship opportunities as well as full-time positions.

Nearly 3,000 job openings on offer

The expo's Career-themed Zones offer nearly 3,000 job openings. The Careers Zone hosts various professional institutions, governmental bodies and other public and private organisations to highlight a range of career opportunities. The Chamber of Food & Beverage Industry of Hong Kong, a headhunting agency that hires for hotels and restaurants, and a number of banks and insurance companies are actively seeking talents as society gets fully back to normal following the pandemic. At the Recruitment Square, recruitment platforms and employers are recruiting and interviewing candidates on the spot.

80+ events during the expo; Education-themed Days help those looking to studying abroad

More than 80 inspiring events are being held as part of the expo, offering a diverse array of educational, career and self-improvement information. The expo also offers four Education-themed Days focusing on the European Union (today), the United Kingdom (3 February), France (4 February) and Germany (5 February), with consulate offices or study centres presenting visitors with information essential to studying in these countries.

The expo also offers a series of seminars to share information on studying in the mainland and various overseas countries. Highlights include the China Education Exchange (Hong Kong) Centre's session on the "Scheme for Admission of Hong Kong Students to Mainland Higher Education Institutions 2023/24" (today) and the Consulate General of Finland in Hong Kong and Macao's seminar, "Study in the Happiest Country in the World – Finland" (today). In addition, educational institutions will introduce visitors to the international English tests that students must take in order to study abroad and offer tips on preparing for the tests (4 and 5 February).

Furthermore, representatives from the consulate offices of France, Germany, and Hungary will share information on the Working Holiday Schemes that enable young people to explore different opportunities around the world (4 February).

Four Career-themed Days dissect latest career trends and prospects

Four Career-themed Days will highlight the latest career trends through various seminars. Co-organised by the Vocational Training Council (VTC), today's VPET – Skilling Talent for the Future theme day discusses how to cultivate a new generation of innovation and technology talents, how the catering industry is working to provide fresh experiences, and the latest developments in the play education sector. Tomorrow (3 February), the GBA Opportunities theme day will look at business, employment and study opportunities in Qianhai, Shenzhen and other cities in the Guangdong-Hong Kong-Macao Greater Bay Area.

On 4 February, the Exploring Construction Industry theme day, co-organised by the Hong Kong Institute of Construction (HKIC), will discuss how to embrace innovation and technology. Winners of the WorldSkills Competition and the Hong Kong Construction Industry Skills Competition will also be invited to share their experiences. And on 5 February, the Slasher Generation theme day will see a KOL from the beauty industry share her entrepreneurial story. In addition, there will be a discussion on whether being a slasher – someone who takes up more than one job or occupational identity – offers the freedom it suggests.

The expo will also feature a number of career development-oriented seminars with the Hong Kong Federation of Youth Groups discussing digital marketing strategies (today) and a KOL entrepreneur sharing her career experiences (5 February). Also today, Cyberport is introducing ways to be part of the fast-growing innovation and technology industry, while tomorrow the Civil Service Bureau of the HKSAR will explain the roles of the Administrative Officer and Executive Officer grades in different departments of the HKSAR Government (3 February). On 4 and 5 February, professionals will provide an overview of recruitment details for the Disciplined Services; the Hong Kong International Aviation Academy will outline the path to becoming an aviation professional (4 February); and the Hong Kong Mediation Centre will share on how to make good use of mediation to further assist one's career development (5 February). Many more featured celebrities and experts from different industries will be on hand at the expo to share their career experiences, personal journeys and keys to success.

Expo website: https://hkeducationexpo.hktdc.com/
Activity schedule: https://bit.ly/3kUwtel
Photo download: https://bit.ly/3DCEFpZ

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
HKTDC's Corporate Communications Department:
Clementine Cheung, Tel: +852 2584 4514, Email: clementine.hm.cheung@hktdc.org
Eric Wong, Tel: +852 2584 4575, Email: eric.ks.wong@hktdc.org

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

ONERHT Foundation charity art exhibition at Chui Huay Lim Club looks at the pursuit of excellence in Chinese painting and calligraphy

SINGAPORE, Feb 2, 2023 – (ACN Newswire) – ONERHT Foundation Ltd, the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT"), together with its co-organisers Chui Huay Lim Club and Ee Hoe Hean Club, welcomes members of the public to visit its charity art exhibition and appreciate masterful Chinese paintings and calligraphy artworks.


Held at the Chui Huay Lim Club's Heritage Hall, the exhibition presents Chinese paintings and calligraphy artworks by Hong Kong artists Mr Alfred Cheung and Mr Wong Wai Ho which are up for auction. Successful bidders of these artworks will have the option of converting the artwork into Non-Fungible Tokens (NFTs), merging the beautiful traditions of Chinese art with cutting edge technology for the certification of authenticity. The service is provided by AlDigi Technologies, a member of the ONERHT ecosystem of multidisciplinary professional services.

The free exhibition opens to the public from 6-8 February, between 10am-6pm. An opening ceremony will be held at 10am on Monday 6 February 2023 at the venue, and the Guests-of-Honour for the opening ceremony would be A/Prof Ho Peng Kee, Patron of ONERHT Foundation, Mr Ng Hoy Keng, President of Chui Huay Lim Club and Mr Aw Chye Wee, Chairman of Ee Hoe Hean Club.

In addition, various Chinese artworks by renowned artists Xu BeiHong (1895 – 1953), Chen Wen Hsi (1906 – 1991), Wang Zhen/Wang YiTing (1867 – 1938) and Lu Yanshao (1909 – 1993) have been lent to the organisers by Mr Yeo Eng Koon for public viewing at the exhibition. A painting by Cultural Medallion Award winner Mr Lee Hock Moh (b. 1947) will also be displayed at the exhibition.

Funds raised through the event will be used to support three local charitable healthcare institutions: Singpapore Thong Chai Medical Institution, Ren Ci Hospital and Kwong Wai Shiu Hospital. Each with its own storied history of service to the community, these three institutions serve thousands of patients every month, regardless of background, race and religion. The funds will enable the three hospitals to expand their services and facilities to support the growing healthcare needs of an ageing population.

Ms Kaylee Kwok, Chairman of ONERHT Foundation, said, "The exhibition supports disadvantaged groups and the arts, both of which are among the core pillars of the ONERHT Foundation's philanthropic mission. We welcome members of the public to visit the exhibition made possible by the efforts of our co-organisers and the generosity of our donors, sponsors and esteemed artists."

Since its inception in 2015, the Foundation has with the support of its donors and sponsors been able to raise more than S$4 million for more than 24 charitable organisations.

Artists Profile

Mr Alfred Cheung is currently serving as the CEO of APTTPA Co., Ltd. and JC Food Republic Co., Ltd. As a hobby, Mr Cheung devotes himself to the study of Chinese painting art in his spare time. He started learning from Lingnan School renowned painter Rong Shu Shi from middle school, and acquired the know-how of lychee painting, landscape sketches, painting techniques of flowers, plants, birds and animals. He is especially good at painting plum blossoms.

Mr Cheung is also appointed as a director of the Japan Hong Kong Society, consultant of the Japan Hong Kong Society in Tokyo. He has also been a special lecturer for the City University of Hong Kong, giving lectures on refrigeration logistics science and also a Fukuoka MICE ambassador. He is currently a consultant for Tsuruga port as well as marketing ambassador for Fukui Prefecture in Japan and as external advisor to HK Metropolitan University.

Mr Wong Wai Ho is currently an Independent Non-Executive Director of Hong Kong listed companies i.e. Road King Infrastructure Limited (HK Stock Code: 1098) and Hang Chi Holdings Limited (HK Stock Code: 8405). He is also Chairman of Eminent EIS International Preschool and TransTEch Limited. Since young, Mr Wong has a strong interest in Chinese calligraphy. Over the years, Mr Wong has developed his own unique style and technique and his calligraphy artwork is highly appraised.

ONERHT Foundation Ltd

A Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT") to do right and do good through various charitable endeavours.

Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively.

The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$4 million to support more than 24 beneficiaries involved in education, the environment and sustainability, disadvantaged groups as well as the arts and sports. For more information, please visit www.onerht.foundation

For media enquiries, please contact:
Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417

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

Join the Highly Recommended Clean Hydrogen Masterclass by Infocus International

Singapore, Feb 2, 2023 – (ACN Newswire) – Infocus International Group is bringing back the Mastering Clean Hydrogen online masterclass and it will be commencing live on the 27th February 2023.


The "hydrogen economy" was first described 50 years ago, but failed to develop. Now hydrogen is making a comeback, with unprecedented momentum from both policymakers and industry amid a background of energy decarbonisation. Nevertheless, given its failure in the past, current investors and business developers in the sector are strongly advised to ensure they understand the complexities and competitive environments of the hydrogen landscape. This new course combines an excellent overview of the different elements of the clean hydrogen sector with a series of critical thinking and analysis exercises which provide clear guidance on market assessment requirements, including key opportunity and risk influences.

This comprehensive course is designed for those seeking a wide-ranging, hype-free and independent perspective on the markets and supply chain activities which will (and won't) drive demand for clean hydrogen. You will have a clearly explained, business-focused perspective on the competitive context of hydrogen across its various use cases. You will be able to separate what is actually happening in the market from the headlines and hype, and to identify the drivers and credible near-term opportunities for your business. You will evaluate barriers to hydrogen within certain market segments and its competitive advantages in others, illustrated by examples from a global perspective.

A past participant from PTC India shared that, "The course was informative, extensive in coverage and insightful. The five sessions were able to build up a tempo very well, and I am happy that I attended the course and also endorsed it for participation by some of my other colleagues."

"From zero to great knowledge and full of information regarding hydrogen production. The sessions cover everything including policies around the globe, market segmentation, technical and commercial analysis of hydrogen plant," said a past participant from Tenaga Nasional Berhad.

Grab this opportunity to gain the knowledge and tools to segment and analyse opportunity & risk within emerging hydrogen economies.

Course Sessions

1. Hydrogen market segmentation and assessment
2. Examining key hydrogen applications and markets
3. Producing hydrogen from renewable power
4. Storing and moving hydrogen
5. Developing and growing hydrogen value propositions

Benefits of Attending:

– Gain a clear understanding of hydrogen industry technologies, terminologies & metrics
– Review the value chain from hydrogen production to end-use market demand
– Focus on the production of clean hydrogen from renewable power ("green" hydrogen)
– Understand the competitive playing field and the economic variables that will impact it
– Discuss the key practical delivery challenges facing clean hydrogen projects
– Learn key lessons from project examples and proposals from around the world

Want to learn more?

Simply email esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/hydrogen

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com

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

Moonstake Now Supports Staking of Avalanche (AVAX)

SINGAPORE, Feb 2, 2023 – (ACN Newswire) – Moonstake is pleased to announce that our users can now earn interest from the staking coin AVAX of Avalanche network. Hold, send, receive, and stake AVAX to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs (on Ethereum and Polygon), IOST, TRON, Shiden, FIO, EVER, ROSE, and SOL, the popular coin AVAX has become the 19th staking coin available on Moonstake.


This accomplishment is made possible through technical integration between Moonstake and our strategic partner, RockX, whom we have also worked with to enable DOT and SOL staking for users! RockX is a top-13 digital asset platform and leading node operator for popular blockchains like Polkadot, Solana, and Avalanche.

Moonstake started the staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1 Billion. Today, Moonstake is a recognized top 10 staking provider in the world and a Verified Provider of the VPP family of the leading staking data aggregator, Staking Rewards.

Meanwhile, Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is a EVM compatible decentralized smart contracts platform built for the scale of global finance, supporting 4,500 TPS (transactions per second) output. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box. For its consensus algorithm, Avalanche operates its own protocol called Snow that uses Proof-of-Stake (PoS) as the foundation. It uses three separate chains: X (transactions), P (staking and validator activities), and C (smart contracts, DApps) to run the network. Thanks to its robust technical architecture and DeFi ecosystem, Avalanche has become one of the most popular blockchains for DApp developers. Learn more about Avalanche in our AVAX 101 article here ( https://moonstake.io/what-is-avax-staking/ ).

Here's a simple 4-step process to stake AVAX on Moonstake Wallet:
1. Register your Moonstake Wallet via Web or mobile (iOS / Android)
2. Select AVAX from the "Wallets" screen and click the "Add Asset" button
3. Access the AVAX screen to check your staking information and validator. From the Staking tab, click the "Stake" button and enter your staking amount (must be more than 25 AVAX).
4. Enter your wallet password to complete staking.

How AVAX Staking Works

You will have to transfer your AVAX onto P-Chain to start staking. When you hold assets in a P address, you make them illiquid. You will not be able to freely move your assets into your X address, and you cannot transfer them to another P address. To move assets from one P address to another, you have to send them back to your X address and then send them to another P address.

Users must have 25 AVAX to delegate/stake in the wallet, the minimum amount of time one can stake funds for validation is 2 weeks for a lock-up period. The delegation fee set by validators is the portion of the rewards that are paid to the validators. The minimum delegation fee is 2%. However, there is no slashing on Avalanche, staked tokens are never at risk of loss due to poor validator performance.

When a validator is done validating the Primary Network, it receives back the AVAX tokens it staked. The validators will also vote on whether the leaving node should receive a staking reward for helping to secure the network.

A validator will only receive a staking reward if they are online and response for more than 80% of their validation period, as measured by a majority of validators, weighted by stake.When a node leaves the validator set, the validators vote on whether the leaving node should receive a staking reward or not.

How To Get Rewards for AVAX Staking and How Unstaking Works

AVAX rewards earned from staking are handled on the protocol level, and rewards will automatically be transferred to you once they are earned. AVAX tokens must be staked for a minimum of 2 weeks and a maximum of 1 year, and the staking rewards (as well as the staked tokens) will be received by the user after the staking period ends.

Follow us on Twitter( https://twitter.com/moonstake ) and Telegram ( https://t.me/Moonstake_wallet ) for the latest updates on Moonstake news.

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals. Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange. Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

About Moonstake's staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 18 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

About Avalanche

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition on Avalanche. https://avax.network

About RockX

RockX is the smartest platform to participate in the growing digital asset economy by enabling anyone to capitalize on the emerging global asset class of digital assets and cryptocurrencies for the best risk-adjusted returns. RockX is a comprehensive digital asset platform where mainstream users can participate in the blockchain economy at a suitable risk-reward profile. RockX is the first of its kind in the market where users can diversify and be exposed to different digital assets in one simple interface. https://www.rockx.com/

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

WEGE Secures Project to Construct Coordinating Ministry for Maritime and Investment Affairs Office Complex at IKN

JAKARTA, Feb 2, 2023 – (ACN Newswire) – PT Wijaya Karya Bangunan Gedung Tbk (WEGE) has secured another project at the new capital city (Ibu Kota Negara, IKN) in East Kalimantan to construct the office complex for the Coordinating Ministry for Maritime and Investment Affairs (Kementerian Koordinator Kemaritiman dan Investasi, Kemenkomarves). The project was valued at Rp745 billion. WEGE has previously secured a project to construct modular buildings to house construction workers at IKN, and its progress has reached 94%.

A highlight of the eight storey Kemenkomarves office is it features integrated Smart and Green Building concept.

Another highlight is that the construction of the Kemenkomarves Office will implement Building Information Modelling (BIM) technology. The Kemenkomarves Office is located at Sepaku, Penajam Paser Utara and will not be far from the IKN Presidential Office.

WEGE's scope of work in this project is design-build construction with a completion period of 660 working days. The Kemenkomarves office complex will cover an area of 24,274 square metres.

WEGE Carries Out Groundbreaking of BMKG State College that Applies Smart and Green Building Concept

WEGE held a groundbreaking ceremony of the Lecture and Laboratory Building (Centre of Excellence) for the departments of Meteorology, Climatology, Geophysics, and Instrumentation (MKGI) of the State College of Meteorology Climatology and Geophysics (STMKG) in Tangerang.

The groundbreaking ceremony was held on Monday (24/01) and attended by the Head of Meteorological, Climatological, and Geophysical Agency (BMKG), Dwikorita Karnawati; Head of STMKG, I Nyoman Sukanta; representative of the Tangerang City Government; President Director of WEGE, Hadian Pramudita; Director of QHSE and Marketing, Yulianto; and Director of Operations I, Bagus Tri Setyana.

"We hope that through Smart and Green Building concept, BMKG is contributing to reducing and controlling CO2 emissions," said the Head of BMKG, Dwikorita Karnawati in her speech.

WEGE was trusted by BMKG to construct the MKGI Lecture and Laboratory Building (Centre of Excellence) located at Jalan Meteorologi No. 5, Tanah Tinggi, Tangerang, Banten.

This modern campus with the Smart and Green Building concept is scheduled for completion in 350 calendar days or at the end of 2023. Construction of this BMKG state college implemented level 5D of BIM technology to support the acceleration, construction accuracy, and safety and security factors.

WEGE's scope of work in this project includes planning, preparation, structural work, architectural work, mechanical, electrical & plumbing (MEP) work, and landscaping.

This STMKG facility will be 39 metres high, consisting of eight floors and one basement level with a total building area of 31,540 square metres.

In addition to constructing a lecture building, there will be an MKGI Laboratory (Centre of Excellence) which targets the Excellent category in Green Building Certification.

This is one of BMKG's mega projects in training experts to support BMKG's duty in providing information on meteorology, climatology, geophysics, and air quality to the Indonesian people.

PT Wijaya Karya Bangunan Gedung Tbk [IDX: WEGE]

Contact:
Purba Yudha Tama
Corporate Secretary
PT Wijaya Karya Bangunan Gedung Tbk.
Mobile: 0813 1792 5577
Phone: +6221 85908862 / 85909003
Email: corsec@wikagedung.co.id

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

TGI Shelly, TEAL Chimie & Energie Collaborate to Advance Green Ammonia

New Jersey, Feb 2, 2023 – (ACN Newswire) – TGI Solar Power Group, Inc., (OTC Markets: TSPG) is pleased to announce its new management and board of directors have successfully brokered a partnership with TEAL Chimie & Energie Inc., that will launch the company's entrance into the green energy sector.

This collaboration is in line with the corporate business plan as new TGI SHELLY management is executing strategies to build long-term growth, transformational plans, digital quotient and correlation, growth acceleration, business ventures in the green sector — all of which drive shareholder value. New Management intends to expand the investor base of new TGI Shelly by pursuing a vertical integration strategy through acquisition, and or a combination of strategic partner companies and contractual agreements, to distribute AI products of NO SOLIUS (no software, no license, no user fees) Shelly AI related to current corporate developments, which will compliment and grow TGI SHELLY.

TGI Shelly, and green ammonia specialists TEAL, are looking to optimize the zero-emission ammonia production market significantly. To achieve this, TGI will deploy TEAL's green ammonia production plants in the coming years. Green ammonia's clean energy potential is incredible.

Green ammonia has the highest volumetric energy density of all hydrogen-based energy sources — significantly more than pure hydrogen. This makes green ammonia inexpensive and easy to store and transport. Existing infrastructure means that green ammonia can rapidly and efficiently replace hydrocarbon-based fuels for a multitude of uses, with ammonia-fueled ships and ammonia power stations already in the pipeline.

TEAL's major focus has been developing and constructing its green ammonia production sites in North America, with the first 400MW of power to be installed at locations in Quebec, Canada, Northeast USA and the Southwestern United States. These will be TEAL's first green ammonia initiatives for production facilities, with operational launch planned for late 2025 or early 2026. Operating dynamically will enable TEAL to produce ammonia during off-peak power demand hours and make them a net contributor to the economics of renewable power production. This will allow the company to construct additional renewable power wherever they build a production plant.

"We have the utmost confidence in TGI SHELLY and our scientists and engineers to create a viable product," said Jonathan Martel, CEO of TEAL. "This is why we have chosen TGI Shelly as our partner. We intend to use cutting-edge electrolysers and industry-leading ammonia synthesis. Additionally, we plan to develop facilities around the world to produce millions of tons of green ammonia from water and air. Ammonia saved humanity from starvation a century ago as a replacement for depleted sources of fertilizers, and history will repeat itself. Ammonia can save humanity once again as the workhorse of the hydrogen economy, replacing petrochemicals to decarbonize agriculture, transportation and power storage and generation."

"We need to accelerate the development and industrialization of sustainable solutions while also increasing energy independence, which is why we are delighted to partner with TEAL on the global development of its green ammonia facilities," added Philippe Machuel, CEO of TGI Shelly. "With this agreement, we enable the production of millions of tons of green ammonia in support of the decarbonization agenda." Samuel Epstein, Chief Operating Officer of TGI, saw this partnership with TEAL as an opportunity for new management to hit the ground running.

"TGI is delighted to be working with the TEAL on these large-scale, commercial green ammonia plants," Epstein said. "This agreement leverages TEAL's years of ammonia experience and is evidence of the many benefits of the TGI Shelly AI platform, including lowering TEAL's project costs utilizing the most efficient technology. Our partnership is a big step forward towards a more sustainable future, and we look forward to working with our new partners at TEAL in the years ahead."

About Shelly North Carolina, Inc.

At Shelly, our technology solutions empower you to have an educated conversation with your current workflow processes. Shelly solutions do not REPLACE your current technology"we integrate".and design improved workflows based on what YOU want to accomplish with your operations. There is no new build-up required. No unsettling training curve to navigate. The questions that keep you up at night are turned into targeted, relevant commands for your existing database that give you more control over all aspects of your operations, and even uncover new revenue streams hidden inside the data that is already at your fingertips. It is not just about the software. Shelly's self-evolving and highly adaptable solutions elevate your enterprise to a constant state of READINESS to address issues today, tomorrow, and well into the future. For more information, visit https://www.shellyincorporated.com/.

About ADVENT GALAXY Inc.

Expo is going to become a central meeting place and center for important social interactions between people of diverse backgrounds and age groups. Underlying technology allows for merchants, consumers, and large enterprises to be replaced by a virtual EXPO in the metaverse. EXPO will cater to B2C+B2B+B2E= B2X, or simply stated B2All. Entertainment zones, meeting and interacting with your friends at a coffee shop in real time is the future. Conducting business in co-working spaces without leaving one's house is the future. A VR/ AR ADVENT EXPO is coming soon and will become a reality, thanks to Advent Galaxy. For more information, visit https://adventgalaxy.com/.

About TGI Solar: TGI SOLAR POWER GROUP INC.

TGI is a diversified holding company. TGI's strategy is to acquire innovative and patented technologies, components, processes, designs, and methods with commercial value that will give competitive market advantage and generate shareholder value. For more information, visit https://www.tgipower.com/.

Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. We undertake no duty to update any forward-looking statement, or any information contained in this press release or in other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about TGI Solar Power Group Inc. which are condoned by the Company must emanate from the Company itself and bear our name as its Source. Safe Harbor statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

For more info:
Samuel Epstein, COO
henryv@tgipower.com

Philippe Machuel, CEO
PMachuel@shellyincorporated.com

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