Society Pass, Inc. (SOPA) / NusaTrip Expands Services to Philippines

SINGAPORE, Jan 17, 2023 – (ACN Newswire) – NusaTrip, Indonesia's first IATA-certified online travel agency (OTA) and the travel vertical of Society Pass Incorporated (Nasdaq:SOPA), today formally announces the opening of its second Southeast Asia (SEA) regional office in Philippines.

The market for Filipino tourists and foreign workers is sizable. According to the Philippine Overseas Employment Administration's (POEA) data, approximately 2.3 million overseas Filipino workers (OFWs) were deployed in 2019. In 2021, OFW was estimated to be 1.83 million, up from 1.77 million in 2020. Based on the Department of Tourism's November 2022 report, 73% of the 2.025 million visitors to the Philippines are foreign tourists, whereas 27% are OFWs. In 2023, the Department of Migrant Workers (DMW) aims to increase the number of overseas Filipino workers. The majority of OFWs work in the service sector, such as domestic help, healthcare, engineering, and construction. By 2020, Asia employed 83.6% of OFWs, followed by Europe, America, and Australia.

NusaTrip CEO Johanes (Joe) Chang elaborates, "Considering the market's size and potential, the Philippines is an essential market for our ecosystem. NusaTrip aims to be the promotion partners for the Philippines tourism boards and become the travel hub that helps to connect overseas Filipinos with their home country. We are excited to collaborate with the local businesses. It will accelerate and improve the quality of our synergies and customer growth rate in Southeast Asia. In addition, given Philippines' countless scenic spots and picturesque beaches, NusaTrip will focus on promoting thousands of hotels into our platform and provide leisure alternatives for international travelers".

Leveraging the momentum of the travel and tourism industry recovery post-COVID-19 pandemic, NusaTrip is expanding its offering beyond air travel. NusaTrip aims to extend its flight content with more travel inspirations and relevant options, so everyone will always find something to explore and somewhere to fly to. On the business side, NusaTrip connects worldwide flight content through streamlined integration with low-cost and full-service airlines from multiple points of sale and enables global distribution at ease via its proprietary technology, the NusaXchange platform.

Nusatrip regional offices will focus on creating more variety of marketing initiatives and managing existing business relationships with airlines, hotels, and tourism promotion board partners.

"We are very excited to welcome NusaTrip and look forward to the collaboration with our local businesses. I believe it will benefit our business partners and customers," said Arbie Christie Pagdangan, Country Manager for Society Pass in the Philippines.

About NusaTrip

Founded in 2013, NusaTrip is an IATA-licensed online travel agency that serves both local and global customers and partners by optimizing cutting-edge technology and providing 24/7 customer-centric support team-as-a-service. NusaTrip is now a member of Society Pass (Nasdaq: SoPa) ecosystem. For more information, please visit: https://www.nusatrip.com.

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/.

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:
Rosa Milyarna – NusaTrip Indonesia
Rosa@nusatrip.com

NusaTrip / Society Pass ID PR Representatives
Elisabeth ( elisabeth.winiartati@gmail.com | +62813375150220)
Angga ( anggahadi@gmail.com | +6281213858388)

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

1MetaWorld forms JV with FAME Universe to deliver immersive metaverse fashion experience

SINGAPORE, Jan 17, 2023 – (ACN Newswire) – Platform aggregator 1MetaWorld has entered into a joint venture agreement with Seoul-based FAME Universe to support fashion designers and digital creators to create, launch, sell and produce their own digital fashion NFTs in connection with physical garments and real-world experiences.


Interactive digital fashion assets by 1FAME's Meta Studio


Based in Singapore, the new joint venture 1FAME seeks to support the fashion industry's fight against counterfeiting with Web3 innovation, leveraging NFTs as unique tokens of authenticity and trusted tools for Metaverse e-Commerce and authentic real world experiences.

"Backed by the ONERHT network of professional services, 1FAME will continuously develop its 'phygital' business model by applying innovative Web3 solutions to the world of fashion, and leverage on 1MetaWorld's trusted and secured institutional grade transaction platform with curated community lifestyle privileges. This innovation will enhance the development of the fashion industry from Web3 into the Metaverse as well as solve current problems of fraudulent trading and counterfeiting," said 1MetaWorld Chairman, Mr Tan Chong Huat.

In collaboration with fashion designers, 1FAME's Meta Studio digitises designs into interactive digital fashion assets. New collections become a reality through crowdfunding on the 1FAME Fashion Launchpad. The digital garments are then minted as NFTs and secured in the owner's digital wallet to be worn on avatars in the Metaverse or traded on the 1FAME Marketplace.

Ownership of 1FAME Fashion NFTs grants exclusive access to immersive and experiential benefits for fashion enthusiasts and collectors, including advanced access to limited fashion NFT drops, delivery of the physical garment, VIP invitations to real world and Metaverse fashion events as well as meet and greet sessions with influential designers.

"1FAME will provide a hyperconnected platform for ecosystem players and stakeholders to co-create authentic fashion verified by blockchain, with strong intellectual property protection and immense potential for monetisation and gamification," said 1FAME Chief Executive Officer, Mr James Hong.

FAME Universe has successfully collaborated with South Korean designer brands such as SYZ and VLEEDA, leveraging the popularity of the Korean Wave creative ecosystem. Through 1FAME, more renowned brands will be introduced in the next season of 1FAME Fashion Launchpad set for release in 1Q2023.

About 1FAME

1FAME is a Hyper Connected Fashion NFT protocol that lets fashion designers and digital creators create, launch, and sell their own NFTs that lets participants to trade and play with their NFTs freely.

Official Website: https://www.onefame.xyz
Telegram: https://t.me/+zISibUWfLKw5Y2E1
Discord: https://discord.gg/N2d7gsM7dx
Twitter: https://twitter.com/fame_metaverse
Instagram: https://www.instagram.com/x______fame/
Medium: https://medium.com/@fameuniverse

About 1MetaWorld

Founded by the ONERHT professional services network, 1MetaWorld aims to be the gateway for investors, consumers, and service providers in the Metaverse. It seeks to provide a secure transaction platform and curated lifestyle privileges for consumers and investors, as well as empower service providers with a plug-and-play secured mechanism to access opportunities in the Metaverse.

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

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

MX Hub (UAE) Announces Award Recipients

MX Hub, the revolutionary convergent tech accelerator inspired by SoftBank’s strategy of consolidation of leaders in the Healthtech, PropTech, AI, and sharing economy sectors, has seen impressive progress in just two months since its creation.

One of the major achievements of MX Hub is the consolidation of assets into the Metabook Sharing Economy platform, which aims to do revenue sharing with agents in tens of countries, promoting the innovations of MX100 startups. This strategy is a key component in building a global Revenue Sharing Digital Economy, led by top influencers and powered by the most appealing innovations.

In the last month, MX Hub residents from MX100 have received multiple awards. The founders of BloxBytes and Vaival technologies were recognized at different events in December, with CEO, Anjum Shahzad, being awarded PASHA ICT Award , Asia Pacific ICT Award ( among other 16 countries) and an award from the President of Pakistan in person as an appreciation for great contribution in Web3.0 development space.

The top success story is, Bloxbytes has listed in top 100 metaverse innovatorsby the metaverse spectrum and Vaival Technologies have received yet another prestigious leadership award, further solidifying the effectiveness of MX Hub’s accelerator program.

MX Edtech Rating, the only rating of its kind with proven results, is also a key component of MX Hub’s success. The MX 100 Rating event, which was postponed for March to include global leaders in emerging technologies, is based on factors such as team leadership in tech and business, scalability of startups, presence in international markets, and commercialization of products. The final stage of the rating process includes voting from an expert panel of global top experts, such as Adiv Baruch, Dr. Robert Goldman, and fintech influencer Brett King.

MX Hub’s mission is to accelerate the growth for top-rated startups, and with their impressive achievements in such a short period, it’s clear that they are on the right track.

About MX Hub

MX Hub is a Dubai (UAE) based global gateway for emerging startups and post- revenue companies that provides tailored one-stop acceleration solutions. It is a first-of-its-kind phygital platform that offers a unique physical space that is supported by a virtual twin version with multifunctional options, VIP meeting spaces and chat rooms. www.mxhub.me



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

Baguio wins EPD service contract worth HK$37 million to provide food waste collection services in New Territories West

HONG KONG, Jan 16, 2023 – (ACN Newswire) – Baguio Green Group Limited ("Baguio" or the "Company", Stock Code: 01397.HK) is pleased to announce that it has been awarded a 2-year service contract worth approximately HK$37 million, by the Environmental Protection Department ("EPD") of the HKSAR Government for the provision of food waste collection services in New Territories West commencing in April 2023.

Winning this EPD contract highlights Baguio's position as Hong Kong's market leader in food waste collection. Among the four EPD's recyclable food waste collection service contracts, Baguio has secured half of them (including this contract and Kowloon District contract awarded last year). Under this EPD contract, Baguio will collect approximately 12,000-20,000 tonnes of food waste in total during the contract period. In order to maximize the volume of food waste collected and recycled, Baguio will deploy a designated team to do community outreach, educate the stakeholders and establish a comprehensive collection network to make food waste recycling easy and convenient for the public. Food waste collected will be delivered to O.PARK1, Hong Kong's first organic resources recovery centre, where it will be turned into renewable energy, in Siu Ho Wan of Lantau Island.

According to the latest statistics released by EPD, on average 3,437 tonnes of food waste was disposed in landfills each day in 2021. Food waste is the largest single component (30%) of Hong Kong municipal solid waste ("MSW") in landfills. Referring to the "Waste Blueprint for Hong Kong 2035" published by the HKSAR Government, Hong Kong is working to achieve "Zero Landfill" by 2035. As the recycling market leader in Hong Kong, Baguio is determined to assist Hong Kong to achieve this ambition by providing various recycling services, including food waste collection.

Ms. Ng Yuk Kwan Phyllis, CEO of Baguio, said, "We are pleased to be awarded the New Territories West food waste collection contract after winning a similar contract covering the Kowloon district last year. This new contract not only symbolizes Baguio's strong commitment to increase collection of food waste but more importantly it recognizes the Company's unique ability as Hong Kong's market leader to provide comprehensive recycling services for different kinds of waste to help resolve the sustainability issues.

With the MSW Charging Scheme scheduled to be launched in the second half of this year, people are being encouraged to recycle, including food waste, to reduce the amount of waste sending to landfills. Recycling market in Hong Kong is expected to grow rapidly. As one of Hong Kong's largest recycling service providers, Baguio is well positioned to capture the significant market opportunities created by "Zero Landfill" and strengthen its leadership position in Hong Kong."

About Baguio Green Group

Established in 1980, Baguio Green Group (Stock code: 01397.HK) is one of Hong Kong's largest and most respected integrated environmental services groups. It provides a full spectrum of professional services including professional cleaning, waste collection & recycling, waste management, green technology, organic fertilizer and animal feed production, horticulture & landscaping, and pest control. It serves a wide range of customers in various sectors including Government departments, statutory organizations and multinational corporations. Fully committed to ESG, the Group works relentlessly to advance sustainable development and create a cleaner, greener, healthier city.


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

Champion REIT organises “Love . Play . Farm” Harvest Day

HONG KONG, Jan 16, 2023 – (ACN Newswire) – Champion Real Estate Investment Trust ("Champion REIT" or the "Trust") (Stock Code: 2778), owner of Three Garden Road and Langham Place, hosted "Love . Play . Farm" Harvest Day on 14 January. Together with The Coffee Academics, the Trust presented the "First-in-Hong Kong" organic Mint Lemonade, putting into practice the "waste to farm to table" concept. Tenants who attended farming workshops earlier and children who participated in mural painting were invited to Langham Place to join the meaningful event.


The "First-in-HK" "Love . Play . Farm" organic Mint Lemonade drink, a true example of the "waste to farm to table" concept

Tenants who attended farming workshops earlier and children who participated in mural painting are invited to Langham Place to join the meaningful "Love . Play . Farm" Harvest Day

Children who participated in mural painting have great satisfaction reaping the vegetables, appreciating the fruit of their hard work

Children learn organic farming techniques, including sowing seeds, using fertilisers and watering


Last year, the Trust invited the young local artist Zue Chan to lead a group of children from disadvantaged families in Tin Shui Wai and children of colleagues in painting an outdoor mural to bring art into Langham Place Mall. The activity also marked the debut of "Love . Play . Farm" activities. Other than being a visual attraction, the mural painting stands for Champion REIT's efforts to connect different groups in the community and hopes to instill in the children the awareness of green living style.

The Trust has also leveraged Langham Place Mall's prime location to hold organic urban farming workshops for tenants that they experienced planting seasonal produces like kale, cauliflower and eggplant. Tenants learned organic farming techniques, including sowing seeds, using fertilisers and watering, and enjoyed the fun and happy surprises from farming. On the Harvest Day, tenants had great satisfaction reaping the vegetables they grew, appreciating the fruit of their hard work. The Trust also has a few coffee trees growing in the farm at Langham Place Mall, rather rare in Hong Kong.

Moreover, the Trust has been cooperating with The Coffee Academics to recycle coffee grounds into fertiliser. The two partners have also used the mint leaves harvested from the farm to create the "First-in-Hong Kong", organic Mint Lemonade drink, a true example of the "waste to farm to table" concept. To encourage living green in the community, the Trust donated 240 cans of Mint Lemonade to St. James' Settlement and Haven of Hope Christian Service.

Ms Christina Hau, Chief Executive Officer of Champion REIT, said, "The 'Love . Play . Farm' Harvest Day could not have been possible without tenants' strong support and active participation. Looking ahead, on top of focusing on sustainable development, we will keep looking to work with different stakeholders to promote waste and carbon reduction, aiming for synergies so that we may boost the overall well-being of stakeholders."

About Champion REIT (Stock Code: 2778)
Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as joint venture stake in 66 Shoe Lane in Central London. Since 2015, the Trust has been included in the Constituent of Hang Seng Corporate Sustainability Benchmark Index of Hang Seng Indexes.

Website: www.championreit.com


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

Impro: Share price of U.S. peer up nearly 300% in three years. Impro issues positive profit alert with extremely low comparable valuation

HONG KONG, Jan 16, 2023 – (ACN Newswire) – The latest macro data published by the U.S. is not ideal. The market expects the Fed will continue to raise interest rates through to the end of 2023. By then, the federal funds rate may reach 4.9% and the higher interest rate level will once again trigger market concerns about asset price revaluation. It is clear that US stocks have been under pressure recently.



U.S. peer Howmet's share price has risen by over 300% in the last three years

For well-managed companies, there is never a shortage of capital and opportunity in the capital market. The stock price of Howmet Aerospace (US stock code: HWM) has been on an upward trajectory, hitting new all-time highs. It has increased from a low of US$9.87 in May 2020 to a closing price of US$40.55 on 10 January this year, representing a surge of close to 300% in three years and nearly 30% in the last six months. Howmet is a global leader in engineered metal castings and precision machining products. It is the second largest in the industry in terms of investment casting sales (the market leader is Precision Castparts Corp., which Warren Buffett took private in 2015) with a current market capitalization of US$16.8 billion. Its price-to-earning (P/E) ratio is estimated at 38.6 times, and its price-to-book (P/B) ratio and price-to-sales (P/S) ratio is 5.1 times and 3.0 times, respectively.

Impro's valuation is extremely low compared with Howmet

Impro (01286.HK) is a company listed on the Hong Kong capital market and is engaged in the same investment casting business as Howmet. It is a world-leading manufacturer of high-precision, high-complexity and mission-critical casting and machined components, and the sixth largest investment casting manufacturer in the world and the largest in China. Compared with Howmet, Impro's current market capitalization is only US$620 million (HK$4.9 billion), with a P/E ratio of approximately 8 times, a P/B ratio of 1.1 times and a P/S ratio of 0.9 time. It is evident that the Company is significantly undervalued.

Impro Precision issues positive profit alert Results is set for further growth

As one of the world's top ten manufacturers of high-precision castings and machined components, Impro Precision is underestimated and has huge scope for further growth. The Company recently issued a positive profit alert. Its sales revenue for 2022 is expected to increase by 15% to HK$4.35 billion, with net profit of HK$550-600 million, a year-on-year increase of 43-56%. Like Howmet, Impro Precision has also benefited from the recovery of its aerospace business after the pandemic. With the market for aircraft parts in short supply, the Company's future performance has great potential. Despite the Company's record net profit and sales revenue, its share price closed at only HK$2.65, still below its all-time high and in the bottom range. Compared with the historical high of HK$5.20, there is still considerable room for upward movement.

Leading stock in high-precision parts industry in Hong Kong Aerospace and Hydraulics businesses will become its new growth engine

As one of the few leading high-precision component companies in the Hong Kong stock market, with strong economies of scale, the Company's sales exceeded HK$4.3 billion in 2022, and it has established a global presence. To date, the Company has 21 plants, 10 sales offices and eight logistics and warehousing centers in North America, Europe and Asia. It also completed the acquisition of Foshan Ameriforge at a consideration of nearly RMB59 million and the hydraulic orbital motor business of Danfoss Power Solutions (Jiangsu) Co., Ltd., a subsidiary of Danfoss Group, for EUR65 million, on 15 August and 31 October 2022, respectively, to strengthen the Company's presence in the aerospace and hydraulics industries.

One of the revaluation targets under a valuation system with Chinese characteristics

On 21 November 2022, at the Annual Conference of Financial Street Forum 2022, Yi Huiman, Chairman of the China Securities Regulatory Commission, speaking on the structure and valuation of listed companies, said that there was a need to explore ways to build a valuation system with Chinese characteristics, so as to promote better functioning of the market's resource allocation.

Obviously, the regulator has clearly recognized that it is very unreasonable for a number of listed companies, including Hong Kong stocks and A-shares, to be extremely undervalued by the market. The regulator has pointed out that it is necessary to conduct an in-depth study on the application scenarios of valuation theories in mature markets and grasp the valuation logic of different types of listed companies. It is believed that the signal from the regulator to explore the establishment of a valuation system with Chinese characteristics will be gradually developed and implemented at the level of investment banks and institutional investors. Compared with overseas benchmarking companies, the valuation of Impro is extremely unreasonable. The history of the development of the US stock market shows that a reasonable revaluation of the value of a listed company may be late, but it is never missed.

Moreover, the market capitalization of Impro will soon exceed HK$5 billion, and it is likely to be included in the Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect in the second half of this year, giving mainland investors the opportunity to invest in Impro. As a rare leader in the high-precision components industry, the Company has maintained continuous growth in its business performance. It is believed that, under the catalyst of multiple factors, Impro will move further along the new capital market curve.


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

21st Edition of Manufacturing IT Summit: Indonesia

JAKARTA, Jan 16, 2023 – (ACN Newswire) – After successful 20 editions of Manufacturing IT Summit, Exito is all set to host another milestone event- the 21st Edition of Manufacturing IT Summit, an in-person event which serves as an ideal platform to enhance the experience to "Re-imagine, Innovate, and Transform". The Manufacturing IT Summit is a by invite only in-person event exclusively for Technology leaders from leading businesses, institutions and government officials representing Indonesia's manufacturing sector. Recent data from the Ministry of Industry has indicated that the manufacturing sector has had the largest contribution to its GDP. Indonesia aspires to be a top 10 economy by 2030, with net exports to be its growth engine.



The next 15 years is forecasted to be the Golden Age for Indonesia as it will realise a demographic bonus peak. Accelerating growth of the manufacturing sector is critical, with the Indonesian government planning to implement industry 4.0 through the Ministry of Industry's Making Indonesia 4.0 roadmap.

Manufacturing IT Summit Indonesia aligns itself with Indonesia's national goals and is a leading networking conference, gathering the most influential of these technology leaders to explore synergies and discuss today's biggest technological challenges, fostering deeper collaboration, and generating new ideas.

This conference will bring together over 150 C-Level Executives, Directors, and Heads of Technology, to discuss the critical technology issues affecting today's manufacturing industry.

Speakers like Ir. Ignatius Warsito, Minister's Expert Staff for Strengthening Domestic Industry Capabilities, Acting Director General of Chemical, Pharmceutical and Textile Industry, Ministry of Industry, Republic of Indonesia, Chairul Saleh, Director of Community Development & Entrepreneurship, Coordinating Ministry for Economic Affairs, Republic of Indonesia, Salil Dutt, Chief Technical Adviser, United Nations Industrial Development Organization (UNIDO), Raine Renaldi S.IIP, Chief of Digital Assest Committee, KADIN President, ID-OPENTECH Group, Republic of Indonesia, Juan Kanggrawan, Head of Product, Tribe & Data, Indonesia National Ministry (GovTech) and Smart Cities, Republic of Indonesia, Wilbertus Darmadi, CIO, Toyota Astra Motor, Mochamad James Falahuddin, Executive Director, Indonesia Blockchain Society among many others will be sharing their experiences and expertise at the summit.

Event registration has commenced for Delegates and Sponsors.

– The delegates will be exposed to in-depth, trend-forward sessions & workshops – practical takeaways and ideas to keep you ahead in the digital economy.
– The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.
– Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on 15th & 16th of February.

Register Now to engage at this grand event as the slots are filling up fast.
To know more about the event, http://www.manufacturingitsummit/indonesia

About Exito:

We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries.We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection!

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

Coinbase and GenTwo Digital announce partnership for custody and execution

ZURICH, SWITZERLAND, Jan 14, 2023 – (ACN Newswire) – GenTwo Digital, the Zug-based subsidiary of GenTwo, today announces a partnership with Coinbase, the publicly-listed cryptocurrency platform. GenTwo Digital, the leading provider of innovative securitization platforms is herewith extending the investment universe on digital assets for professional investors. This allows all Coinbase crypto assets to be wrapped in bankable financial investment products and enables financial intermediaries to issue innovative certificates such AMC's (Actively Management Certificates). Any financial intermediary can create white labelled investment products in collaboration with GenTwo Digital and execute via Coinbase's platform.



Lucas A. Ereth


Lucas A. Ereth, Managing Partner GenTwo Digital, says: "Through this partnership, GenTwo and Coinbase are not only providing a secure institutional gateway to crypto assets, but also helping GenTwo to fulfil our mission of expanding the investment universe, while creating a more open financial system for the world."

Coinbase is the leading online platform for buying, selling, transferring, and storing cryptocurrency and was founded in 2012. Coinbase Prime is the leading institutional prime broker platform for crypto assets. It is a fully integrated platform built specifically for institutions to support the entire transaction lifecycle including advanced multi-venue agency trade execution for 200 assets, custody for more than 360 assets, financing, staking and staking infrastructure, data and analytics, and reporting. Institutions can access Coinbase Prime directly via a user interface or as an integrated platform via APIs to offer crypto related products such as ETPs and ETFs, custodial solutions, or brokerage for their institutional, private wealth, and retail clients.

"We're excited to collaborate with GenTwo to enable any authorised financial advisor and financial intermediary in Switzerland to provide access to crypto underlyings to their clients via passive and actively managed certificates. These instruments will benefit from execution services through Coinbase multi-venue execution platform, and assets will be held 1:1 in segregated cold-wallets for optimum security," said Guillaume Chatain, Head of EMEA Institutional Sales at Coinbase.

Coinbase Institutional powers the world's largest and most sophisticated institutions including BlackRock, Google, Wisdom Tree, 21 Shares, Grayscale, PIMCO, Brevan Howard Digital, Invesco, GSA Capital, Lakestar, and Millennium Global.

About GenTwo and GenTwo Digital

Zurich-based innovative securitization specialist GenTwo has invented a new generation of financial products. The company creates securitization platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to easily invest in bankable and previously non-bankable assets. The focus on off-balance sheet investment products solves the problem of declining margins and growth barriers for many financial market participants. New performance potential emerges through granting access to a theoretically unlimited world of asset classes. Institutional investors can use GenTwo's securitization solution to realise their own product and business innovations, to make any type of assets investable and to help shape new, sustainable markets. Private investors in Switzerland can also benefit from these innovative products via their financial intermediaries, thereby giving GenTwo the opportunity to open and expand its customer base to retail investors.

GenTwo Digital is based in Crypto Valley in Zug, Switzerland. The subsidiary of GenTwo enables professional investors around the world, and now also private investors in Switzerland, to securitize all digital assets, including crypto assets, in securities on the traditional financial market via their financial intermediaries.

Media contact GenTwo:
Simone C. Drill,
Chief Marketing & Communication Officer
media@gentwo.com
+41 79 207 33 49
www.gentwo.com

About Coinbase

Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, we offer a trusted and easy-to-use platform for accessing the broader cryptoeconomy. Coinbase is listed on Nasdaq under the ticker symbol COIN.

Media contact
Coinbase: MaryKate Collins,
EMEA Communications
press@coinbase.com
+353 83 204 5224
www.coinbase.com

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

BeautyFarm Med Announces Global Offering Results, Offer Price of HK$19.32per Share

HONG KONG, Jan 13, 2023 – (ACN Newswire) – Beauty Farm Medical and Health Industry Inc. ("BeautyFarm Med" or "Company", stock code: 2373.HK), the largest provider of traditional beauty services in China, today announced the allotment results of its Global Offering. The Offer Price is HK$19.32 per share. Dealings in the shares of the Company on the Main Board of the Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") are expected to commence on 16 January 2023 (Monday) with a board lot size of 500 shares.

The Hong Kong Offer Shares initially offered under the Hong Kong Public Offering have been very significantly oversubscribed. A total of 6,671 valid applications have been received under the Hong Kong Public Offering through the White Form eIPO service and the CCASS EIPO service for a total of 89,670,000 Hong Kong Offer Shares, representing approximately 22.12 times of the total number of 4,054,000 Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering. The Offer Shares initially offered under the International Offering have been moderately oversubscribed, representing approximately 4.7 times of the total number of 36,482,500 International Offer Shares initially available for subscription under the International Offering.

The proceeds raised from the Global Offering of shares received by the Company are planned to be used to expand and upgrade the service network, carry out strategic mergers and acquisitions of franchise stores, and further invest in IT systems. The Company stated, through nearly three decades of deep cultivation in the industry and integration of resources, BeautyFarm Med has become a leading player in China's beauty and health management service industry. The official listing on the Hong Kong Stock Exchange marks an important milestone in the history of the development of BeautyFarm Med, opening a new chapter for the Company's development. The outstanding share oversubscription shows the trust and support of global investors for the Company's business development and lays a firm ground for the Company's long-term growth. Looking forward, BeautyFarm Med will continue strategically expanding its service network and marketing channels, introducing new technologies, equipment and products, and expanding its service offerings; continuing to cultivate, recruit and retain high-caliber talent; and integrating industry resources by deepening cooperation with upstream suppliers, thereby continuing to create greater value for the clients, shareholders and employees.

Beauty Farm Medical and Health Industry Inc.
Beauty Farm Medical and Health Industry Inc. (stock code: 2373.HK) is a leading player in China's beauty and health management service industry, which has a large and loyal client base, extensive network with expansion efficiency, diversified services and product offerings as well as strong brand awareness. BeautyFarm Med is the largest provider of traditional beauty services and the fourth largest non-surgical aesthetic medical service provider in China with a market share of 0.2% and 0.6%, respectively, as measured by revenue in 2021 and according to Frost & Sullivan. The Company provides overall beauty and health management services through its well-established and widely recognized brand portfolio of BeautyFarm, Palaispa, CellCare and Neology. The service offerings of the Company cover traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services, across the full client lifecycle.

This press release is issued by Porda Havas International Finance Communications Group for and on behalf of Beauty Farm Medical and Health Industry Inc. For further information, please contact:

Porda Havas International Finance Communications Group
Telephone: 852 3150 6788
Email: projectgarden.hk@pordahavas.com


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Mitrade Hits 2.4 Million Users, Up 900,000 from Last Year

MELBOURNE, AUSTRALIA, Jan 12, 2023 – (ACN Newswire) – January 12, 2023 – Mitrade, a leading global CFD trading platform, has reached a major milestone by amassing 2.4 million users. This marks a significant increase from the 1.5 million users the platform had at this time last year, representing a growth of 900,000 users in just one year.

This impressive growth is a testament to the exceptional trading system that Mitrade offers to its traders. From advanced trading tools to top-notch customer support, Mitrade has made it their mission to create a seamless and enjoyable trading experience for all of its users. The company is thrilled to have reached this milestone and is excited to continue providing users with the best possible trading experience.

Mitrade wishes to extend their gratitude to all of its 2.4 million users for their support and trust in the platform. The future looks bright for Mitrade as the company continues to grow and innovate.

New Trading Features and Upgrades

Over the past year, Mitrade has implemented numerous new features and upgrades to their platform, including advanced charting tools, launching a PC client available on both Windows and MacOS, improved security measures, and an updated sleek user interface. They also made a big effort to boost their customer support team to ensure that all clients receive prompt and helpful assistance. Mitrade also plans to release their very own education platform, Mitrade Academy, in the first quarter of 2023.

Won Eight Financial Awards

Mitrade’s commitment to excellence in every area of their business has earned them these prestigious honors. In 2022 alone, Mitrade has won eight awards, recognizing their efforts on different aspects in the industry.

Some notable awards that Mitrade won are the Best Forex Broker, Fastest Growing Fintech Broker and Best Forex Educational Resources. Mitrade is proud to have been recognized by industry experts and intends to continue to work hard to maintain its reputation as a leading provider of CFD trading.

About Mitrade

Founded in 2011, Mitrade is a multi-licensed leading online CFD trading platform that offers a wide range of financial instruments including forex, commodities, and indices. With a focus on user experience and customer support, Mitrade is committed to providing a simple and accessible trading experience for all of their clients. For more information, visit https://www.mitrade.com/

Media Contact:
branding@mitrade.com

Social Links
Facebook: https://www.facebook.com/MitradeOfficial
Twitter: https://twitter.com/MitradeOfficial
LinkedIn: https://www.linkedin.com/company/mitradecom/
Instagram: https://www.instagram.com/mitrade_official/
YouTube: https://www.youtube.com/c/Mitradeglobal/
Website: https://www.mitrade.com/

SOURCE: Mitrade



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