DIF Capital Partners acquires US-based data center provider Tonaquint

ST. GEORGE, Utah, Jan 11, 2023 – (ACN Newswire) – DIF Capital Partners is pleased to announce that it has signed an agreement to acquire Tonaquint Data Centers, a leading data center provider in the Mountain West region in the United States, headquartered in St. George, Utah. Tonaquint's management continues to hold a minority stake. The investment will be done through DIF's core-plus CIF III fund.

Tonaquint is a colocation and cloud service provider with operations in St. George, Utah and Boise, Idaho. The company offers a comprehensive set of critical infrastructure products and services and is active in a fast-growing segment of the digital industry. The acquisition will enable Tonaquint to continue its growth, enhancing its existing facilities and expanding its service offering.

Tonaquint is mainly focusing on high-growth smaller markets, which are not as well serviced by other major data center operators. It serves a well-diversified and growing client base in the technology, healthcare, financial services, and industrial sectors.

DIF data center operating advisor Michael DeVito will be joining the Tonaquint management team to further build out the company in North America.

Willem Jansonius, partner and Head of CIF at DIF Capital Partners, commented: "Given the rapid growth of the private cloud market, Tonaquint's product offering is right where the opportunities are. Now and in the years to come. Our investment will enable Tonaquint to further build towards a leading North American data center platform. The acquisition fits DIF's ambition to further grow in the digital infrastructure space in North America and beyond by investing in small to medium-sized businesses. That's exactly why we already started expanding our capabilities and expertise in the sector a few years ago."

Matt Hamlin, co-founder and CEO of Tonaquint said: "Working with the DIF team has been such a great experience. A very experienced team and a good strategic fit as they will be able to help our management team grow Tonaquint as we have envisioned in our overall business strategy. Our goals still remain the same: provide our customers with the best infrastructure and match it with the best client experience. That's who we are."

Philip Daley, co-founder and COO of Tonaquint added: "Tonaquint's ability to build and maintain quality data centers and cloud services is now enhanced by DIF's ability to bring additional capital and expertise in digital infrastructure. We look forward to expanding our footprint and services throughout the United States."

Bank Street Group LLC served as exclusive financial advisor to Tonaquint in connection with this transaction. Agentis Capital served as an exclusive financial advisor to DIF.

About Tonaquint

Tonaquint is a leading data center provider which operates two data center facilities in St. George, Utah and Boise, Idaho. Tonaquint was founded in 2008, and entered into the Boise market in 2020 with the acquisition of Fiberpipe Data Centers, Inc. The company provides data center services to over 250 customers across its two facilities. Tonaquint provides a robust product suite including colocation, cloud services (including secure and compliant hosting for infrastructure), disaster recovery, and backup as a service, as well as ancillary network and managed services. Tonaquint has achieved strong success within its existing markets, leveraging a sales strategy focused on developing local relationships to build to a longstanding customer base. For more information please visit www.tonaquint.com.

About DIF Capital Partners

DIF Capital Partners is an independent infrastructure fund manager, with more than EUR 15 billion of AUM. DIF was founded in 2005 and has built a leading position in managing mid-market investments, primarily in Europe, North America and Australia.

DIF follows two strategies: its traditional DIF funds, of which DIF VII is the latest fund in the series, invest in lower risk mid-sized infrastructure projects and companies in the energy transition (incl. renewables) and utilities sector, as well as PPPs and concessions. The firm's CIF funds invest in small to mid-sized companies that will thrive in the new economy. These companies are typically active in the digital, energy transition and sustainable transportation sector.

With a team of over 200 professionals in 11 offices, DIF Capital Partners offers a unique market approach combining global presence with the benefits of strong local networks and investment capabilities. DIF is located in Amsterdam (Schiphol), Frankfurt, Helsinki, London, Luxembourg, Madrid, New York, Paris, Santiago, Sydney and Toronto. For more information please visit www.dif.eu.

Contact DIF:
Diederik Heinink, d.heinink@dif.eu

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

Global business events leader Trescon ropes in Naveen Bharadwaj as its Group CEO

Dubai/Bengaluru, Jan 10, 2023 – (ACN Newswire) – Global business events organizer and consulting firm Trescon has appointed renowned industry professional Naveen Bharadwaj as its Group CEO to lead Trescon and its associated business entities such as World Blockchain Summit (WBS) – the world's longest running blockchain summit series; IIFF – India's premier international furniture and interior fair; and Demandify ? a B2B demand generation and media vertical assisting in scaling marketing campaigns and strategies for technology companies globally. Naveen will focus on growing Trescon?s current business events in the emerging tech space such as blockchain, fintech, metaverse, AI, data and cybersecurity into new markets while also conceptualizing and launching new business lines on priority.


"It is my pleasure to welcome Naveen to the Trescon family. His successful experience and extensive knowledge from the tech and events industries will help accelerate our growth in international markets like the Middle East, Africa, APAC, Europe and the Americas. We will also work together on launching new business lines as part of Trescon?s Vision2025 which will be championed by Naveen and me, with the support of our management team," said Mohammed Saleem, Founding Chairman of Trescon.

A computer science engineer by qualification with a passion for marketing, sales, partnerships, events and public speaking, Naveen joins Trescon with over 15 years of experience in strategy, divisional leadership, strategic partnerships, new market development, and full-cycle event management. He held various challenging roles during his career that includes serving as Chief Growth Officer at Spire Solutions – a leading cybersecurity company in the Middle East and Africa region; and Director of Events & Partnerships for French business Naseba where his events were endorsed by several National Leaders.

Speaking about his appointment, Naveen said, "I am excited and honoured to be given the opportunity to lead a highly talented team of 250+ from Trescon, WBS, Demandify and IIFF. Our collective goal is to ensure the success of our Vision2025 by helping colleagues unleash their potential, elevating our brand, penetrating new markets, and building alternate revenue streams that supplement our existing set up and address prevalent challenges in the various markets/sectors we operate in."

Trescon's Vision2025 challenges the events industry?s status quo and focuses on growing both brand and business by building internal capacity to launch new businesses outside of the events space. It's conceptualized by Chairman Mohammed Saleem and Group CEO Naveen Bharadwaj, and spearheaded by a special task force of Vice Chairman Mithun Shetty, Managing Director Swarnavo Roy, COO Anil Kumar, Group CMO Madhukar Dudda, Group CSO Sanjiv Singh, CPO Vijay Walter, and CMO Sharath Ravi.

About Trescon

Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients.

For further details about the announcement, please contact:
Nupur Aswani
Head ? Media, PR and Corporate Communications, Trescon
+91 95559 15156 | media@tresconglobal.com

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

Hong Kong International Wine & Spirits Fair opens today

HONG KONG, Jan 10, 2023 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the 14th HKTDC Hong Kong International Wine & Spirits Fair (Special Edition) opened today and will run for two days (10 and 11 January) at the Hong Kong Convention and Exhibition Centre (HKCEC). This year's Wine & Spirits Fair is the HKTDC's first wine event bringing tasting sessions back after a pause during the COVID-19 pandemic. The two-day physical fair is only open to industry buyers and business matching meetings will be set up onsite between buyers and exhibitors to deepen business relationships and open more prospects in the sector.
The 14th HKTDC Hong Kong International Wine & Spirits Fair opened today and continues for two days (10 and 11 January) at the Hong Kong Convention and Exhibition Centre.

Local and international trade associations and government organisations participating in our fair with their own pavilions at the fairground, presenting a range of exquisite wines.

The first certified kosher Czech whisky is made with the best local ingredients and diluted with local spring water.


HKTDC Deputy Executive Director Sophia Chong said: "For the first time since its launch in 2008, the Wine & Spirits Fair is held in January to kick off the wine industry event season in 2023, offering plenty of opportunities for buyers and exhibitors to give their business a boost in the new year. The fair features more than 100 local and international exhibitors, showcasing their fine wine, liquor, baijiu, beer, sake and other alcoholic beverages from around the world, including Argentina, Australia, Mainland China, France, Hong Kong, Italy, Japan, Scotland and the United States. Local and international trade associations and government organisations participating in our fair with their own pavilions at the fairground, include the Hong Kong Wine and Spirits Association (HKWSA), Hong Kong General Chamber of Wine & Spirits (HKGCWS), Craft Beer Association of Hong Kong (CBAHK), Beverage and Food Community (BNFC), National Tax Agency Japan and Fukuoka Prefectural Government."

According to the latest wine industry data from the International Organization of Vine and Wine (OIV), as of 2021, the mainland was the world's seventh-largest wine consumer. Hong Kong started its zero-wine duty policy in 2008 and has since become the first free wine port among major economies, boosting wine imports. Hong Kong and the mainland also signed a cooperation agreement in 2010 to facilitate customs clearance for wine exported from Hong Kong to the mainland. Since November 2017, these measures have been extended to every port in the 42 mainland Customs Districts, further fortifying Hong Kong's position as Asia's wine trading and distribution hub. The value of Hong Kong's wine exports for 2021 reached HK$1.595 billion (US$204 million), a 77% year-on-year rise. Most exports in Hong Kong are re-exports of imported wines, with Asia the major market. The mainland and Macao, which together accounted for nearly 66% of 2021 exports, are the major destinations for Hong Kong. In addition, Hong Kong is the third-largest sake export market after the US and mainland.

Tradition and technology combine for fine winemaking

Overseas and local exhibitors exhibit a variety of fine wines at the Wine & Spirits Fair. Rymill Coonawarra from Australia (booth: S425-03A) brought the 2018 Classic Cabernet Sauvignon from the Coonawarra region in Australia, which is made with carefully selected locally grown Cabernet Sauvignon, aged in French oak barrels. This wine was given a high rating of 95 points by Jane Faulkner in the Halliday Wine Companion 2021; Hong Kong Beer Co., Ltd. (Booth: S423-01) at the CBAHK pavilion presented locally brewed NO LIMITS PALE ALE beer, which is loaded with premium Cryo Pop, Citra, Idaho 7, and Azacca hop cultivars to achieve maximum citrus and tropical fruit flavours and aromas. The Hong Kong local beer has won Silver Medal, Brussels Beer Challenge 2022 and Bronze Medal, International Beer Cup 2022.

Specialty wines from rare production regions highlight unique flavours

At the HKWSA Pavilion, PD Jemmuelson Ltd (Hong Kong) (booth: S226-05) displayed Yuchun Junmai Sake from Taiwan, made with domestic top-grade penglai rice under "pure rice brewing", presenting the flavour of Taiwan; T'z Limited (Hong Kong) (booth: S222-08) at the HKGCWS pavilion presented Trebitsch Single Malt Whisky, the world's first Czech single-malt with international kosher quality certification. Trebitsch is first and only company in the Czech Republic that specialises in whisky production. The whisky is made with the best local ingredients and diluted with local spring water.

Grasping the health trend and reshaping tastes

Arrive Sake Gold (Junmai Daiginjo) demonstrated by TANAKA Shuzoten Inc. (Japan) (booth: S421-15), an exhibitor at the Japan pavilion, is a rare vegan-certified Japanese sake. It is made with luxurious Yamada-Nishiki, the highest grade of sake rice produced in Hyogo Prefecture. The sake has a gentle and full-bodied ginjo aroma; Katsuya Syuzo Partnership Company (Japan) (booth: S428-02) of Fukuoka pavilion presents Honoka sake, light and easy-to-drink, meeting the needs of young people and women who prefer a light taste.

Fine wines from around the world

Local exhibitor Everrise International Trading Co Ltd. (booth: S422) exhibits Kweichow Moutai, the state guest baijiu that is highly sought after in the mainland market. The baijiu has won a number of international awards and has gradually become a new hot pick among consumers. The other local exhibitor, Hong Kong Craft Distilling Co. Limited (booth: S423-03), featured 100% locally brewed N.I.P Rare Dry Gin distilled from 21 different types of traditional gin herbs and raw ingredients with distinctive Hong Kong flavours.

Events and seminars to promote industry exchanges

A series of exciting activities will be arranged, including Hong Kong Wine Industry Outlook 2023 (With HKWSA); Taking off: A Flight of Local Beer and Cider (With CBAHK); Insider's Guide to Wine Authentication (With HKGCWS); Mystic Island Winery – An Exceptional Chinese Vineyard (With Wine & Spirits) introduces fine wines from Yantai, Shandong; and the 4th Miss SAKE Hong Kong Inauguration Ceremony to promote exchanges between industry players.

Websites
– Wine & Spirits Fair: http://hkwinefair.hktdc.com/
– Product highlights and photo download: https://www.hktdc.com/event/hkwinefair/en
– Photo download: https://bit.ly/3k8PPfu

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 trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Media enquiries
Please contact the HKTDC's Communications & Public Affairs Department:
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org
Agnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@hktdc.org

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

MO:ME:NT Partners with Crypto Oasis to Bridge the Real and Virtual World and Bring New Capabilities and Opportunities to the Web3 Space

DUBAI, UAE, Jan 10, 2023 – (ACN Newswire) – Crypto Oasis Ventures has inked a strategic partnership with MO:ME:NT and added it to its portfolio of disruptive and innovative blockchain organisations. MO:ME:NT bridges the real and virtual world by offering easy access to web3 in an innovative way. As the UAE continues to be the global Crypto capital, MO:ME:NT is all set to bring its remarkable offering to the country.



The unique offering called MO:ME:NTs, instantly turns moments of public interest into Non-Fungible Tokens (NFTs) through a fully automated API trigger. These precious moments from as an example sporting events are endorsed by the heroes behind the MO:ME:NTs, creating a one-of-a-kind collectible item. With MO:ME:NTs, users have the opportunity to buy, own, collect, and trade these special NFTs.

This enables a new level of interactivity, ownership, collectability and utility. MO:ME:NTs not only serve as unique collectibles but they can also be easily enriched by the brands or individuals who were involved in creating the moment. By using MO:ME:NTs, these brands can build engaging communities and provide various relevant utilities to their followers, ultimately increasing the value of the MO:ME:NT to its holder. Brands can open up a world of new opportunities for their followers and create meaningful, immersive experiences in the real and virtual world driving engagement and value.

Crypto Oasis Ventures is focused on forging new partnerships and bringing innovative organisations to its ecosystem. An investment in a startup such as MO:ME:NT that has a strong business model and a unique value proposition is just one of the many initiatives in the Crypto Oasis to advance the local blockchain economy.

The new partnership will allow for strategic collaboration that will help boost branding, community growth, and investor relations for MO:ME:NT in the UAE. With the support of the Crypto Oasis' world-class talent and infrastructure, MO:ME:NT will gain access to new markets and customers. This partnership will add further credibility to what MO:ME:NT has been building and ensure it enters the local blockchains space on a strong footing.

In addition to being a strategic partner and investor, Ralf Glabischnig, Founder of the Crypto Oasis, will be joining MO:ME:NT as an advisory board member. This represents a significant step for both companies and Ralf brings with him a wealth of experience and expertise in the blockchain industry.

"We are delighted to have MO:ME:NT onboard to help them embrace opportunities that can transform the local Web3 space," said Ralf. "We have always been early movers and believe Web 3.0 models like NFT, and Metaverse are going to be the key players in the next iteration of online business. MO:ME:NTs will be revolutionary as brands can harness their power to create meaningful connections with their audiences and drive value. As access keys to relevant real-life experiences, they offer an easy connection to the Metaverse using the limitless possibilities of virtual reality while complimenting the offering of our own venture Tokengate. These are exciting times and we are humbled and privileged to be a market driver in the region's accelerating startup ecosystem."

"We are excited to welcome Ralf to our advisory board," said Rudy Banholzer, Co-Founder and COO of MO:ME:NT. "We are looking forward to working with the Crypto Oasis Ventures team as we continue to grow and innovate. This partnership represents a new chapter for both of us, and we are excited to see what the future holds. We are committed to helping brands provide their audiences with better, more relevant, and exciting experiences by seamlessly bridging the real and virtual worlds. By joining the Crypto Oasis Ecosystem, we hope to leapfrog ahead by expanding our prospects, creating value, and connecting with the broader Web3 community."

MO:ME:NT has released NFTs and built Metaverse spaces for various brands such as the Erste Bank Vienna Open (ATP 500), Burger King, GPX Store and 6thStreet. Upcoming projects include NFTs for FC Twente, a Dutch football team playing in the Eredivisie, NFTs and a Metaverse space for TCL for the NFL Playoffs, and a Kia Metaverse Space for the Australian Open. MO:ME:NT gives the opportunity to brands to automatically mint NFTs as and when a relevant event takes place.

MO:ME:NT will leverage this partnership with Crypto Oasis Ventures to drive the strategic direction of the company. With the extensive experience in the space and its curated ecosystem, this collaboration will help MO:ME:NT successfully navigate the complexity of the fast-paced Web3 economy and explore the myriad of opportunities it offers.

About Crypto Oasis

The Crypto Oasis is a Middle East focused Blockchain Ecosystem supported by initiators of Crypto Valley Switzerland. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing, with more than 1,450 organisations identified in the UAE alone. www.cryptooasis.ae

About MO:ME:NT

The Swiss based company expanding into the Middle East is offering brands and individuals an easy access to the Metaverse. Their innovative technology captures moments of public interest as Non-Fungible Tokens (NFTs) called MO:ME:NTs via a fully automated API trigger in the instance when they occur. The heroes behind these MO:ME:NTs enrich them with unique content and utilities, and anyone has the chance to buy, own, collect and trade them on an engaging social platform: www.mo-me-nt.com

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@cryptooasis.ae
+971552000840

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

China Biotech Services subsidiary AMDL nominated as Top Clinical Laboratory Services Company in APAC 2022 and receives CAP Accreditation Certificate

HONG KONG, Jan 10, 2023 – (ACN Newswire) – China Biotech Services Holdings Limited (the "Group"; stock code: 8037. HK) has announced that its subsidiary, Asia Molecular Diagnostics Laboratory (AMDL), has been nominated as the Top Clinical Laboratory Services Company in APAC 2022 and has received the College of American Pathologists (CAP) Accreditation Certificate for providing next-generation sequencing (NGS) Oncology clinical testing services.




With world-leading NGS-based clinical testing products and services for oncologists and a high-standard molecular-level clinical laboratory, and as the sole distributor of Pillar Biosciences products in Asia, it's no surprise that AMDL has been named one of the industry's Top Clinical Laboratory Services Companies in APAC 2022 by Life Sciences Review.

In addition, AMDL has recently received the Accreditation Certificate from CAP, which is recognized as one of the industry's leaders in medical laboratory quality assurance. It has developed detailed checklists for all aspects of clinical laboratory disciplines and has strict requirements for laboratory quality standards. AMDL obtaining the authoritative certification from CAP proves that the company has reached an advanced level in terms of quality, management mode, testing accuracy and other aspects.

By leveraging next-generation sequencing (NGS) technology and FDA-approved companion diagnostic (CDx), namely the oncoReveal(TM) Dx Lung and Colon Cancer Assay and MiSeqDx developed by Pillar Biosciences, AMDL will provide precision diagnostic tests for the qualitative detection of somatic mutations in DNA derived from lung and colon cancer tumors. Working toward CAP accreditation, the AMDL platform can offer a simplified and standalone testing workflow that helps local healthcare professionals, oncologists, and researchers obtain results in seven to nine working days, significantly reducing the overall timeline.

The CAP certification also provides a good endorsement for AMDL to promote the test kit in Hong Kong and Asia on a large scale, which is conducive to the rapid commercialization of the test kit and brings new achievements to China Biotech Services.

About China Biotech Services Holdings (Stock Code: 8037.HK)
China Biotech Services Holdings Limited is listed on GEM of Hong Kong Stock Exchange and was included in MSCI Hong Kong Micro Cap Index in May 2018. The Group focuses on two main areas, namely, precision diagnostics and cancer treatments.


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

ESV5 Completes Merger with Ninjas in Pyjamas, Accelerated Globalization Process

HONG KONG, Jan 10, 2023 – (ACN Newswire) – ESV5 E-SPORT GROUP CO., a comprehensive digital sports group in China, is pleased to announce that the Group has completed the merger with the professional Swedish esports organization, "Ninjas in Pyjamas" (NIP), through an equity share swap. Following the merger, the combined entity is named NIP Group, Mario Ho, ESV5 Chairman, will become the chairman and co-CEO of NIP group, and Hicham Chahine, the CEO of NIP, will become co-CEO of NIP Group and continue as CEO of Ninjas in Pyjamas.

With the business plan of the merger, NIP Group will fully expand its overseas business and become a global comprehensive digital sports group covering the Chinese, European and South American markets. The merger is one of the largest cross-border mergers and acquisitions in the global esports industry to date. Furthermore, this means the long-awaited arrival of the Ninjas in Pyjamas brand to the League of Legends Pro League is close – the Group is thrilled to confirm that the former Victory Five squad will finally play as NIP from 2023 onward, and eStar Gaming will continue to operate independently.

As one of the largest and most influential esports groups in the world, NIP Group covers China, Europe, South America, and operates well-known esports brands including Ninjas in Pyjamas and eStar Gaming, with around 40 million followers on social media platforms worldwide. NIP Group now fields teams in a multitude of game titles on PC and mobile platforms, including League of Legends, Honor of Kings, Counter-Strike: Global Offensive, Rainbow Six:Siege and VALORANT etc. It has home courts in Wuhan and Shenzhen, as well as offices in Stockholm and Sao Paulo.

Specialized in the development of the esports industry, NIP Group focuses on building the digital sports industry chain and operates a diverse portfolio of brands, including MAG Studio, a top-tier events production company in China. Likewise, Shinobi Studio offers content production and esports team management services to Western sports clubs looking to enter the space. Another Group brand, eStar Entertainment, a leading esports talent agency in China, has signed over 10,000 content creators, covering mainstream Chinese live broadcast platforms such as Douyu, Huya, and Douyin.

One of the world's most legendary esports clubs, NIP was founded in June 2000 and now fields teams in CS:GO, Rainbow Six: Siege, VALORANT and FIFA. With north of 5 million followers, NIP is one of the most well-known and successful teams in the history of Counter-Strike (CS). Its legacy has earned the brand wide recognition in China along with a nickname: the "Faith Team".

"ESV5 and NIP have been in contact and discussions since 2020, and we are delighted about the union", Mario Ho said, "NIP has been an esports brand for over 20 years with very high-quality brand assets which helps us in our commitment to become a more popular and valuable global digital sports group. Both parties will fully realize the complementary advantages and resource sharing and fully open the international layout of NIP Group."

Hicham Chahine said, "We're incredibly excited to finally complete our merger establishing NIP Group. Our complementary strengths will help us reach a much wider esports and gaming audience on an unrivaled global scale. It all starts today, in the LPL and beyond". Hicham continues "I think we can now officially say that we are truly the first global esports organization."

About NIP Group:
NIP Group is a comprehensive digital sports group with esports clubs as its core business, supported by diversified ventures including esports events and esports talent development. NIP Group is one of the largest and most influential comprehensive digital sports groups in the world, operating in China, Europe, South America, and it manages well-known esports brands eStar Gaming and Ninjas in Pyjamas, with around 40 million followers on social media platforms worldwide. NIP Group has home courts in Wuhan and Shenzhen, as well as offices in Stockholm and Sao Paulo.

Press questions and further information contact:
NIP Group: pr@nipgroup.gg
Investor relations: ir@nipgroup.gg
Address: No.26 Gaoxin 2nd Rd, Donghugaoxin District, Wuhan, China


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

Bintai Kinden Ventures into Digital Assets

PETALING JAYA, Malaysia, Jan 10, 2023 – (ACN Newswire) – Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is venturing in digital assets through wholly-owned subsidiary Bintai Trading Sdn Bhd (BTSB) as part of the Company's treasury management while taking into consideration longer-term needs in business expansion.
Executive Director of Bintai Kinden, En. Azri Azerai


As part of this initiative and to take into consideration the longer-term needs, BTSB has an account with a digital currency exchange licensed by the Securities Commission Malaysia.

Azri Azerai, Executive Director of Bintai Kinden said, "This is an opportune time to venture into digital assets as values across the board has fallen, especially among the main ones such as Bitcoin and Ethereum. We will devote a portion of our free cashflow for digital assets and will take a dollar-cost averaging approach when buying into them."

"This is also part of our treasury management as we need to ensure cashflow to manage our daily operations while taking into consideration our longer term needs and strategies involving the M&E business. We will continue to seek opportunities in Malaysia and neighbouring countries to expand."

According to Coinbase Global Inc.'s 2023 Crypto Market Outlook published in December 2022, a flight to quality among institutional investors; creative destruction that will eventually lead to new opportunities and; foundational reforms that usher in the next cycle, are the key themes for the year.

The Coinbase report noted that the coefficients that led to the high, positive correlation between Bitcoin and Ethereum versus US stocks have trended lower since May 2022 and expects investors to select higher-quality cryptocurrencies based on factors such as sustainable tokenomics, maturity of ecosystems and relative market liquidity.

A survey sponsored by Coinbase, the "2022 Institutional Investor Digital Assets Survey", conducted between September 21 and October 27, 2022 among 140 institutional participants, revealed that 53.6% expect cryptocurrency prices to remain range-bound over the next 12 months versus 29.3% who expect prices to trend lower while 7.9% expect prices to trend higher and 9.3% expressed no opinion on where prices will move.

Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/

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

16th Edition of Cyber Security Summit: Kenya

Nairobi, Jan 10, 2023 – (ACN Newswire) – After successful 15 editions of Cyber Security Summit, Exito is all set to host another milestone event- which serves as an ideal platform to enhance insights of Kenya's Cyber Security Models for Tomorow. The Cybersecurity Summit is an invitation-only in-person event exclusively for cybersecurity leaders from leading businesses, institutions and government establishments in Kenya. The Summit, which is in alignment with Kenya's Vision 2030, will discuss challenges, policies and strategies towards building a cyber resilient Kenya. The Summit will also highlight the various tech-disruptions for overcoming new risks inherent in digital businesses, and incorporating a culture of information security in all institutions and organizations.
ACN Newswire is a media partner of Exito's 16th Edition of Cyber Security Summit to be held in Kenya on 10th February 2023.


At the Cyber Security Summit Kenya, you will hear Cyber Security thought leaders talk about the action plans, strategies and best ways to build next-gen digital cyber vault and cyber crime resilient Kenya. You will also have panel discussions, fireside chats, Industry keynotes, solution showcases and interactive workshops to discuss how to build a stronger and secured cyber infrastructure in Africa.

The summit will feature leading over 150+ CISO's, CIO's, Heads of Digital Transformation, IT Infrastructure, Cyber security, Information and Communication Technologies and other experts in this domain, this platform will equip you with the essential tools to risk-proof your businesses.

Speakers like Faith Katua, Advocacy Director, ISACA Kenya Chapter, Fredrick Endeki, Head of ICT, KMTC Machakos Campus, Ministry of Health, Republic of Kenya, Faith Nyaga, Senior ICT Officer, Water Resources Authority, Republic Of Kenya, David Kitonga, Head Information Security, Jamii Telecommunication Ltd, Amit Saxena, CIO, Ramco Plexus Ltd, Hartnell Ndungi, Chief Data Officer, Absa Bank Kenya PLC, Anastasia Chege, Head Of Technology Risk And Security, Kenya Airways, Makale Benson, Head Of ICT Service Operations, I&M Bank Kenya 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 the 10th 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.cybersecuritysummit/kenya

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

Avendus appoints Sumit Dayal as Independent Non-Executive Director in Singapore

SINGAPORE, Jan 10, 2023 – (ACN Newswire) – Avendus, one of India's leading institutional financial services companies, announced the appointment of Sumit Dayal as Independent Non-Executive Director in Singapore today. He will provide guidance and corporate governance oversight as a Board member to Avendus Capital Pte. Limited (Singapore).
Sumit Dayal


A seasoned banker with over 30 years of corporate and investment banking experience, spent 16 years as Managing Director and headed various business units of Standard Chartered Bank in Singapore and Hong Kong. He also spent over 13 years in multiple roles in Bank of America across client risk and client coverage based in India, Singapore, and Hong Kong in the past.

Commenting on the appointment, Gaurav Deepak, Co-founder and CEO, Avendus Capital said, "We are delighted that Sumit has decided to join Avendus Singapore. We're confident that his exceptional experience and advisory will be of immense value to the franchise as we focus on making Singapore a strong base to grow our institutional franchise in Investment Banking, Institutional Equities and Wealth Management."

Sumit Dayal, Independent Non-Executive Director, Avendus Capital Pte. Limited said, "I am delighted to join Avendus. It's an institution that has been built on very strong fundamentals and one that I have admired immensely. I am looking forward to working with the firm to further deepen its linkages in the APAC region."

About Avendus

Avendus Group is a leading financial services firm with presence in the areas of Investment Banking, Wealth Management, Credit Solutions and Asset Management. Established in 1999 in Mumbai, India, Avendus is today present in 10 cities across India, US, UK and Singapore. Avendus partners with the Indian entrepreneur ecosystem to provide differentiated solutions that enable clients to meet their strategic aspirations.

Avendus Capital, the investment banking arm, is consistently ranked among the top investment banks in the country on the back of its in-depth domain understanding and a best in the class track record of domestic and cross-border transactions. Avendus' wide range of clients is testimony to its ability to serve its corporates throughout their life cycle — from growth stage funding to large-sized transactions and M&A advisory.

Avendus Capital Inc located in New York is an Avendus Group entity offering M&A and Private Equity syndication services to clients in the US.

Avendus Capital Pte Limited located in Singapore is an Avendus Group entity undertaking Fund Management business in Singapore.

For more information, please visit www.avendus.com.

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

2023 Toys & Games Fair, Baby Products Fair, Stationery & School Supplies Fair Open Today

HONG KONG, Jan 9, 2023 – (ACN Newswire) – As the first round of Hong Kong Trade Development Council (HKTDC) 2023 trade shows, the 49th HKTDC Hong Kong Toys & Games Fair, the 14th HKTDC Hong Kong Baby Products Fair and the 21st Hong Kong International Stationery and School Supplies Fair, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd, kick off today at the Hong Kong Convention and Exhibition Centre. The three fairs will run concurrently until 12 January and bring together more than 1,000 exhibitors to showcase a wide range of inspiring toys, quality baby products and creative stationery.
The physical Hong Kong Toys & Games Fair, Hong Kong Baby Products Fair and Hong Kong International Stationery & School Supplies Fair open today and run until 12 January 2023 at the Hong Kong Convention and Exhibition Centre.

Bernard Chan, Acting Secretary for Commerce and Economic Development, delivered an opening speech at the opening ceremony this morning.

Brand Name Gallery at the Hong Kong Toys & Games Fair and Hong Kong Baby Products Fair presents branded products with outstanding design and innovative functions from over 120 internationally renowned brands.


Sophia Chong, Deputy Executive Director of the HKTDC, said: "With the first phase of the resumption of quarantine-free travel between Hong Kong and Mainland China starting yesterday (8 January), Hong Kong's business travel is gradually returning to normal. The HKTDC continues to help companies seize opportunities, welcoming over 250 exhibitors from the mainland at the Toys & Games Fair. The Fair is supported by the Guangdong Province Department of Commerce's Cantonese Business Go Global programme, attracting over 120 exhibitors alone, and more than 1,000 representatives from Guangdong enterprises are expected to participate in the three fairs in-person."

Ms Chong added: "We are pleased to see that exhibitors at the three fairs are ready to showcase a wide range of uniquely designed toys products, quality and safe products for babies and children as well as personalised and eco-friendly stationery."

Hong Kong Toys Industry Conference 2023: latest trends and keys to success

The three fairs, themed Play To Bond – Family and Beyond, have attracted exhibitors from 17 countries and regions. One of the flagship events, the Hong Kong Toy Industry Conference 2023, opens tomorrow themed The Future of Play. Clifton Chiu, Research Analyst, Toys and Games of Euromonitor International will present the toy industry's key trends, while toy industry players will share how to succeed in the business. E-payment agencies and e-commerce companies will also discuss expanding your business through e-commerce. In addition, there will be seminars on smart toys and electronic games, baby products' market trends, the latest toy safety regulations, toy specifications, testing and certification and other topics.

The Hong Kong Toys & Games Fair and Hong Kong Baby Products Fair have various themed zones for easy sourcing. The highlighted Brand Name Gallery showcases branded products with eye-catching designs and innovative functions, featuring over 120 internationally renowned brands, including 4D Master, Eastcolight, Hape, KEEPPLEY, Ming the Minibus, Welly, Winfun and Marcus & Marcus. During the epidemic, school closures kept children at home for long periods, making educational toys a popular choice.

The Smart-Tech Toys zone presents toys and games that incorporate innovative technology, such as artificial intelligence (AI) and augmented reality (AR), allowing consumers to learn while having fun. Kidult World features products for grown-ups, such as model mechs and vintage Paper Cardboard Vending Machine, filled with childhood memories. This year, more than 100 exhibitors showcase green toys, and a special Green Toys label helps buyers identify and source eco-friendly toys, one of the most popular product categories in the industry.

The Hong Kong Baby Products Fair continues to receive support from the Korea Trade-Investment Promotion Agency and the Hong Kong Children, Babies, Maternity Industries Association, and once again has two pavilions, bringing diverse baby products to buyers. The popular Korea Pavilion showcases baby fashion, health and bath products, maternity products and more. The Strollers and Gear zone showcases strollers, car seats and bassinets. Other highlighted theme zones include Baby Bedding Items and Furniture and Feeding and Nursery Products.

Jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd, the Hong Kong International Stationery and School Supplies Fair features the latest in creative art supplies, gift stationery, school and office supplies. The organisers continue to cooperate with renowned industry associations in different regions, including the Malaysia Stationery Importers and Exporters Association, the Federation of Stationers and Booksellers Association of Malaysia, the Taiwan Association of Stationery Industries, and the Thai Stationeries and Office Supplies Association, to promote the fair to their respective members.

The Hong Kong Toys & Games Fair, Hong Kong Baby Products Fair and Hong Kong International Stationery & School Supplies Fair run under the EXHIBITION+ hybrid model, which includes HKTDC-organised physical fairs, the smart business-matching platform Click2Match, online-to-offline seminars under the Intelligence Hub, and the hktdc.com sourcing platform. This extends face-to-face interactions from physical exhibitions to an online smart business-matching platform to help enterprises connect with business partners proactively. The Click2Match platform for the three fairs will be accessible until 19 January, allowing exhibitors and buyers to continue to conduct business discussions online after the physical show.

Fair Websites
– HKTDC Hong Kong Toys & Games Fair: http://hktoyfair.hktdc.com/
– HKTDC Hong Kong Baby Products Fair: http://hkbabyfair.hktdc.com/
– Hong Kong International Stationery & School Supplies Fair: http://hkstationeryfair.com/
– Photo download: https://bit.ly/3vOO1uA

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 Communications & Public Affairs Department:
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org
Agnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@hktdc.org

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