Thailand: Ivy launches plum and tamarind juice drinks in SIG XSlimBloc carton packs

BANGKOK, May 13, 2024 – (ACN Newswire) – I.P. Natural Products (I.P.) has expanded its popular Ivy beverage brand, so far consisting of UHT drinking yogurts, to include juices in SIG XSlimBloc carton packs, 170 ml and 200 ml.

I.P. Natural Products (I.P.) has expanded its popular Ivy beverage brand, so far consisting of UHT drinking yogurts, to include juices in SIG XSlimBloc carton packs, 170 ml and 200 ml.(Photo: SIG)

Ivy’s new juice range will be introduced in two Asian-inspired flavors: tamarind – a refreshing juice made with premium local Thai ingredients, and plum – a tangy-sweet juice made with fresh Taiwanese plums. Produced using Ivy’s unique beverage formulation, both products boast a distinctly Thai flavor profile that will appeal to local consumers who can enjoy it on the go. Both flavors will be available on Thai retail shelves in SIG XSlimBloc carton packs, 170 ml and 200ml.

Mr. Uthai Thaneswarakul, Managing Director and President of I.P. One Company Limited: “I.P. is thrilled to continue our long-term partnership with SIG as we expand Ivy’s beverage categories to meet the diverse needs of our consumers. We share SIG’s core values of providing consumers with safe and high-quality UHT products and believe in SIG’s commitment to providing even more sustainable innovations.”

He further shared: “We are committed to producing good quality products. I want Thai people to use and consume quality products, including delicious food and beverages made from quality ingredients. This is the key to our success, allowing us to grow sustainably both domestically and abroad.”

I.P.’s partnership with SIG spans 27 years. Together, the companies have brought popular beverages to market through a strong commitment to sustainability and innovation.

Angela Lu, President & General Manager Asia Pacific at SIG: “SIG offers comprehensive solutions that enable customers to explore new market segments. With our agile and flexible filling system, we offer customers unmatched volume and format flexibility, enabling them to meet the rapidly changing demands of consumers.”

The SIG XSlim 24 Aseptic filling machine offers the flexibility to fill up to nine different pack sizes on the same high-speed filler (up to 24,000 packs/hour). The changeover time when switching pack size takes less than 15 minutes. This flexibility allows businesses to easily and quickly right-size their products based on consumer demands.

About SIG

SIG is a leading solutions provider of packaging for better – better for our customers, for consumers, and for the world. With our unique portfolio of aseptic carton, bag-in-box, and spouted pouch, we work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable, and affordable way. Our technology and outstanding innovation capabilities enable us to provide our customers with versatile packaging systems and solutions for innovative products and smart operations, all to address the ever-changing needs of consumers. Sustainability is integral to our business and guides us on our journey to create packaging for better – packaging that gives more to people and the planet than it takes out.

Founded in 1853, SIG is headquartered in Neuhausen, Switzerland, and is listed on the SIX Swiss Exchange. The skills and experience of our approximately 9,000 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 100 countries. In 2023, SIG produced 53 billion packs and generated €3.2 billion in revenue. SIG also has an AA ESG rating by MSCI, a 13.9 (low risk) score by Sustainalytics, Platinum CSR rating by EcoVadis, and is included in the FTSE4Good Index. For more information, visit our website.

For insights into trends that drive the food and beverage industry, visit the SIG blog.

Your contact for media inquiries:

PRecious Communications for SIG
Tel: +65 6303 0567
Email: sig@preciouscomms.com

Busakorn Srisongkhroh, busakorn@preciouscomms.com, Mobile: 081-9110931
Srunthus Tangkunanont, srunthus@preciouscomms.com, Mobile: 081-2311010
Sirada Rongbundit, sirada@preciouscomms.com, Mobile: 080-5888886

3rd Annual Clean Power & New Energy 2024

KUALA LUMPUR, May 13, 2024 – (JCN Newswire) – Join our impressive line-up of experts who will share their insights and knowledge on achieving net zero emissions, the fast tracking of energy transition, and the latest advancements and opportunities in renewable energy.

Themed “TRIPLING RENEWABLE POWER & DOUBLING ENERGY EFFICIENCY BY 2030”, this exclusive event will bring together +1000 top energy professionals, Industry key players policymakers, Energy producer and solution providers spearheading the Energy Transition across the world.

Topics of discussion will include the emergence of green hydrogen, the future of electric vehicles, the latest developments in solar and wind energy, as well as the breakthroughs in energy storages through energy efficiencies, embarking attendees on a comprehensive exploration of the latest advances and strategies shaping the clean energy landscape. From cutting-edge renewable energy technologies to innovative financing models and regulatory frameworks, every aspect of the transition to cleaner, more sustainable energy systems will be scrutinized.

Don’t let this chance slip away, come and join us today for invaluable hands-on insights into Energy. This 3rd Annual event is set to be bigger and more impactful than ever. Secure your now before it’s too late.

Event Details:
Date: 25th to 27th June 2024
Venue: M Resort & Hotel, Kuala Lumpur
egister or Brochure Request at: https://lnkd.in/d3g3bFEB
Event website: https://lnkd.in/g3C3UjSb
Watch our previous edition here: https://lnkd.in/gyCdjYnX

The 3rd CPNE 2024 event is HRDF claimable. For any further inquiries, feel free to contact Amina at amina@cteventasia.com or call 601112476257.

Nissin Foods Announces 2024 Q1 Financial Results

HONG KONG, May 13, 2024 – (ACN Newswire) – Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2024 (the “Reporting Period”).

The Group recorded revenue of HK$963.0 million for the Reporting Period. Gross profit reached HK$346.6 million and the gross profit margin increased by 0.8 percentage points to 36.0% from 35.2% (restated) for the corresponding period of 2023. The increase in gross profit margin was mainly attributable to the easing of raw material costs during the Reporting Period. Profit attributable to owners of the Company for the Reporting Period increased by 7.3% to HK$117.9 million, compared with HK$109.9 million (restated) for the corresponding period of 2023.

Revenue from the Hong Kong and other Asian operations (including Vietnam and Taiwan markets) totalled HK$348.4 million. As for the Mainland China operation, revenue of HK$614.6 million was recorded for the Reporting Period due to slower consumption growth momentum in Mainland China and the negative effects of foreign currency translation.

Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “We are pleased to report that our proven premiumisation and diversification strategies have enabled us to maintain profit growth in the first quarter of the new fiscal year, despite the challenging business landscape. We remain cautiously optimistic about the long-term business operating environment. On top of allowing us to expand our revenue sources, venturing into foreign markets gives us the opportunity to broaden our horizons. We are able to gain insights of different cultures and consumer behaviours in different regions. With those knowledge, we can strengthen interaction and mutual trust with local consumers, thereby keep tapping more opportunities in other promising overseas markets. Looking forward, we will continue to implement stringent cost control measures and improve operational efficiency to strengthen our competitiveness.”

About Nissin Foods Company Limited

Nissin Foods Company Limited (“Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities.

Nissin Foods is a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index – Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk.

Samurai 2K Aerosol Bags Silver Medal at International Exhibition of Inventions in Geneva, Switzerland

Samurai 2K Aerosol’s Tintatek technology was awarded the Silver Medal amidst stiff competition from over 1000 innovations
Fillable Aerosol Container for mixing, colour matching of paint colours without additional equipment revolutionises aerosol paint industry
Unique participation certificate in the form of a non-fungible token (NFT), enables exhibitors to verify their participation through blockchain technology

SINGAPORE, May 13, 2024 – (ACN Newswire) – Samurai 2K Aerosol Limited (the “Company” ) (SGX: Y8E), a Company listed on the Catalist board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and an innovator in the aerosol paint industry, proudly announces its latest accomplishment – securing a Silver Medal at the prestigious 49th International Exhibition of Inventions in Geneva, Switzerland (the “Geneva Exhibition”) which was held from 17 April to 21 April 2024.

Mr Ian Ong, Executive Director and Chief Executive Officer (CEO) of Samurai 2K Aerosol Limited with the Silver Medal at the International Exhibition of Inventions Geneva.

The Geneva Exhibition, supported by the Swiss Government and the World Intellectual Property Organization (WIPO), is renowned for showcasing new products ready for commercialisation. This year, the exhibition hosted over 825 exhibitors from 45 countries.

Mr Ian Ong showcasing the Company's Tintatek — Mr Ian Ong showcasing the Company’s Tintatek

The Company’s award-winning innovation, Tintatek, is a fillable aerosol container that allows users to mix paint colours manually without additional equipment. This groundbreaking product promises to revolutionise the aerosol paint industry by significantly enhancing product usability and accessibility.

Ian Ong, CEO of the Company, remarked, “Whether it’s automobiles, marine pleasure crafts, household items, or industrial machinery, the issue of how to repair damaged parts so that the new colour matches the original without any visible discrepancy is a dilemma for many users. I am confident that Tintatek will revolutionise the aerosol paint industry by making colour repair not only more accurate but also more user-friendly and cost-effective.”

Mr Ian Ong added, “Tintatek is nearing the final stages of refinement and will soon be launched in the market. This innovation does not only reflect our dedication to research and development but also aligns with our vision to dramatically enhance the commercial potential of the aerosol industry.”

The Geneva Exhibition also introduced a novel feature this year – a unique participation certificate in the form of a non-fungible token (NFT), enabling exhibitors to verify their participation through blockchain technology, underscoring the event’s commitment to integrating modern technology with traditional inventiveness.

The Company’s participation in the Geneva Exhibition is a testament to its innovative spirit and commitment to pushing the boundaries of the aerosol paint industry.

Reference:
https://links.sgx.com/1.0.0/corporate-announcements/IGVMPS9F8A2MVKCN/5256c177a8470487b0d8bb72e362f0ab63a52adaeeb6e4771380744b417aae59

Issued by Samurai 2K Aerosol Limited

This press release has been reviewed by UOB Kay Hian Private Limited (the “Sponsor”).

This press release has not been examined or approved by the Singapore Exchange Securities Trading Limited (“SGX-ST”) and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, who can be contacted at 8 Anthony Road #01-01, Singapore 229957, telephone (65) 6590 6881

About Samurai 2K Aerosol Limited (SGX: Y8E)

Samurai 2K Aerosol Ltd (“SAMURAI®”) has been listed on the Catalist Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) since January 2017. SAMURAI® is a fully integrated aerosol specialist that focuses on the repainting business as well as aftermarket for the automotive refinishing and refurbishing industry.

SAMURAI® aims to be the world’s most respected innovative aerosol system provider and offer the most innovative aerosol systems with the best user enjoyment and to create more job opportunities for all the sprayers in the world.

SAMURAI® regional office is situated in Singapore while research, product development, branding and manufacturing are conducted in Malaysia. Samurai’s products are distributed worldwide to throughout Malaysia, Indonesia, Thailand, Philippines, Vietnam, Cambodia, UK, USA, Singapore, and India. Its range of products includes Truck Bed Liner, Epoxy Marine Surface Primer, Marine Coating, Boat Deck Granular Textured Epoxy Primer, Automobile Body Epoxy Primer etc.

For more information, please visit our official website at www.samurai2kaerosol.com.

Media Contact:
Samurai 2K Aerosol Limited
Ms. Saveena Prabakaran
Legal Cum Relation Executive
Email: saveena@samuraipaint.jp

Creation Business Consultants Expands Presence with New Office in Hong Kong

HONG KONG, May 13, 2024 – (ACN Newswire) – Creation Business Consultants, a leading corporate services provider, tax, compliance advisory, and business consultancy firm, is thrilled to announce the opening of its new office in Hong Kong. This strategic expansion marks an exciting milestone for Creation and represents a significant opportunity for Hong Kong and Chinese clients seeking to establish their commercial presence in the Middle East.

With its rich history as a global financial hub, Hong Kong serves as an ideal gateway for businesses looking to expand into new markets. The launch of Creation’s Hong Kong office solidifies the company’s commitment to providing comprehensive support to clients in the region and beyond.

“Our decision to open an office in Hong Kong was driven by the increasing demand from our clients in the region and the growing importance of Hong Kong as a business destination,” said Scott Cairns, Managing Director of Creation Business Consultants. “This expansion allows us to better serve our clients by providing localized expertise and support, while also offering a seamless transition for businesses looking to enter the Middle Eastern market.”

The Hong Kong office will offer a wide range of services tailored to the needs of Hong Kong and Chinese companies seeking to expand into the Middle East. These services include company formation, tax advisory, and ongoing business, and compliance support. By establishing a physical presence in Hong Kong, Creation aims to streamline the process for clients and provide them with access to a dedicated team of experts with in-depth knowledge of the Middle Eastern market.

“We believe that our presence in Hong Kong will not only benefit our clients but also contribute to the growth and development of the local business community,” added Cairns. “We are excited about the opportunities that this new office will bring and look forward to helping our clients achieve their business objectives in the Middle East.”

Neil Wilson, Director of Strategy and Commercial at Creation Business Consultants, commented on the timing of the office launch, stating, “This is an excellent time for Hong Kong and Chinese companies to capitalize on the opportunities in the UAE and Saudi markets. By establishing a presence in Hong Kong, we aim to forge stronger partnerships with trade bodies and strategic allies, ultimately streamlining support and fostering stronger business ties for companies from Hong Kong and China in the MENA region”

Gary Hales, Head of International Business, emphasized the significance of the Hong Kong office launch, stating, “This is a part of our on-going expansion to our service offering and delivering exceptional superior service to our clients. The launch of the Hong Kong office will complement the Chinese-speaking team we have working in Dubai and Riyadh, providing a comprehensive suite of services to our clients.”

Creation Business Consultants is dedicated to empowering businesses to succeed in today’s booming global marketplace. The opening of the Hong Kong office underscores Creation’s commitment to providing unparalleled service and support to clients worldwide.

For more information about Creation Business Consultants and its services, please visit www.creationbc.com

ABOUT CREATION BUSINESS CONSULTANTS:

Creation Business Consultants is a leading MENA and APAC corporate services provider, tax, compliance advisory, and management consultancy firm, assisting multinational corporations, family offices, SMEs, and entrepreneurs worldwide. With a team of highly skilled professionals and a client-centric approach, the company offers comprehensive solutions in company structuring, company formation, tax planning, accounting, and other corporate services. Creation safeguards their clients’ corporate entities and maximizes their business returns through the United Arab Emirates, Saudi Arabia, and the wider GCC region. Creation Business Consultants is dedicated to delivering excellence, value, and tailored solutions to empower businesses worldwide.

MEDIA CONTACT:
Creation Business Consultants
Marketing Team
+971 4 878 6240
marketing@creationbc.com
www.creationbc.com

This press release is issued through AsiaNewswire.Net™ (https://www.asianewswire.net) – a newswire service with press release distribution to media in Asia Pacific, East Asia, South and South East Asian countries.

Shaping the Future of Technology with AI Everywhere Take Center Stage at the 13th Big CIO Show

BENGALURU, INDIA, May 10, 2024 – (ACN Newswire) – The 13th edition of the Big CIO Show, held April 16, 2024, an event by Trescon in Bengaluru in collaboration with Intel as the Innovation Partner, brought together industry leaders, innovators, and C-level executives who shared their knowledge and experience on the transformative power of AI. The event divulged insights and actionable strategies in AI to help enterprises stay ahead in the rapidly changing tech landscape.

In an era where technological advancements are integral to staying competitive, Intel unlocked possibilities with silicon, software, and services, bringing AI Everywhere. Intel’s unmatched portfolio of AI products to enable customers’ AI solutions everywhere reinforced the importance of AI in shaping the future of technology and showcased how businesses can benefit and accelerate in the intelligence era.

This strategic focus was underscored at the Big CIO Show, which reshaped India’s AI landscape with insightful panels and successful use case showcases, fostering vital collaborations. The event highlighted AI capabilities to streamline workflows and drive innovation, solidifying its role as a transformative force in enterprise technology.

During the event, Intel’s pivotal role as an innovation partner and thought leader in AI was highlighted. Saumer Kumar Phukan, Director, Head of Customer & Partner Engineering, Intel India, presented a keynote on “Bringing AI Everywhere,” emphasizing Intel’s mission to democratize AI through engineered platforms, secure solutions, and open ecosystems to help customers win in this era of exponential AI growth. With Intel’s partnership, the event aimed to drive discussions on AI investments and their profound impact on enterprise transformation.

In addition to Saumer’s keynote, the event featured a diverse range of sessions, including panel discussions led by industry experts. One of the most thought-provoking and engaging sessions at the event was the panel discussion titled ‘Putting AI to Work’. The panel, moderated by Rajkumar Ayyella, Chief Information Officer, RPG Group – KEC International Limited, deliberated on practical strategies for harnessing AI’s potential in business operations.

Sangeeta Roy, Director of Software & Services Partner Business, Intel India, along with fellow panellists Priya Krishnamurthy, Director of Commercial Sales, Acer India; Srinivaschary T, Senior Principal Engineer, Enterprise Technologist, Dell Technologies; Ranganath Sadasiva, Chief Technology Officer, Hewlett Packard Enterprise; and Srinivas Rao, Head of Presales India & SAARC, Lenovo ISG India & SAARC, discussed the various facets of AI implementation. The discussion ranged from conducting thorough business process assessments to developing tailored AI solutions, integrating hybrid AI architectures, ensuring ethical AI practices, and exploring the synergy between quantum computing and AI algorithms.

Another insightful highlight was the panel discussion on “Cloud Evolution: Harnessing Data, Edge, and Innovation for Tomorrow’s Infrastructure”. The panellists included Venkat Krishnan, CIO, Karnataka Bank; Monish Kaul, CTPO, Zivame; and Neeraj Chopra, CTPO, Walmart India. The panellists together explored how data cloud solutions are simplifying data challenges and boosting analytics while discussing use cases of cloud, edge and data cloud implementation.

The tech talks and panel discussions at the event delved into critical topics such as AI-driven customer experience, edge computing solutions, and the real-world impact of intelligent automation. Notable panellists included Kirti Patil, CTO, Kotak Mahindra Life Insurance Company Limited; Krishnan Venkateswaran, Chief Digital & Information Officer, Titan Company Ltd; and Shruti Kashyap, CIO, Hindustan Unilever; among others. The discussions emphasized comprehensive AI strategies for enterprises to thrive in the rapidly changing tech landscape.

Furthermore, the event culminated in the prestigious Big CIO Awards ceremony, honouring top leaders and innovators in the tech industry for their exceptional contributions to innovation and excellence, facilitated by Intel.

Naveen Bharadwaj, the Group CEO of Trescon, expressed, “This year, we’ve observed a significant 35% increase in IT investment budgets year-over-year, as reported by our delegates. This uptick has directly influenced our strategic agenda, ensuring it aligns with the evolving solutions and services sought by our participants. We are dedicated to advancing our community’s objectives by continually facilitating effective deal flow between vendors and decision-makers on the buy side. Our commitment is to support our ecosystem in achieving its mandates through intelligent and strategic collaborations.”

In conclusion, the 13th Big CIO Show, with Intel as the Innovation Partner, provided a platform to enable customers’ AI solutions everywhere. Intel’s leadership in AI innovation and addressing the evolving AI landscape to bring AI everywhere put a spotlight on its expansive AI footprint, spanning cloud and enterprise servers to networks, volume clients and ubiquitous edge environments, shaping the future of technology in India.

The 13th edition of the Big CIO Show is supported by:
Innovation Partner: Intel
Gold Partner: ManageEngine, Whatfix
Silver Partner: Nividous
Bronze Partner: NeoSOFT, Pearson VUE, Zvlov, Magure
Official Digital News Partners: CNBC TV18, Money Control
Official Print Media Partner: Business Standard

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. 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 more information about Trescon, visit: http://www.tresconglobal.com.  

For media inquiries and further information, please contact:
Vishal S S
Media, PR and Corporate Communications Executive
Trescon Email: vishals@tresconglobal.com
Mobile: +91-7358680951

Japan Energy Summit and Exhibition Hosts and Sponsors Demonstrate the Importance of Accelerating Decarbonisation

TOKYO, May 10, 2024 – (ACN Newswire) – As the world grapples with the urgent need to transition to sustainable energy sources and reduce carbon emissions, international energy giants like JERA, Tokyo Gas, Kraken, ExxonMobil and more are stepping up to the challenge. They are spearheading efforts to overcome these global challenges through strategic collaborations and innovative projects that will be on the agenda at the Japan Energy Summit & Exhibition from 3-5 June 2024 at Tokyo Big Sight.

Notable speakers slated to speak at Japan Energy Summit and Exhibition include:

Shinichi Kihara, Director General for International Policy on Carbon Neutrality, Ministry of Economy, Trade and Industry
Izuru Kobayashi, Deputy Director General for Environmental Affairs, Ministry of Economy, Trade and Industry (METI)
Kadri Simson, Commissioner for Energy, European Commission
Hon. Brian Jean, ECA, KC, Minister for Energy and Minerals, Government of Alberta
Mitsunori Fukuda, Director, Gas Market Office, Agency for Natural Resources and Energy, Ministry of Economy, Trade and Industry (METI)
Kiyoshi Hikino, Director of Power and Gas Market Policy Division, Agency for Natural Resources and Energy, Ministry of Economy, Trade and Industry (METI)
Yuya Hasegawa, Director Energy Resource Development Division, Ministry of Economy, Trade and Industry
Eiji Ohira, Director Fuel Cell and Hydrogen, New Energy and Industrial Technology Development Organization
Takashi Kawai, Director, Ocean Development and Environment Policy Division, Maritime Bureau, Ministry of Land, Infrastructure, Transport and Tourism
Shinichi Sasayama, CEO, President, Representative Executive Officer, Tokyo Gas Co., Ltd.
Junya Tawa, Senior Managing Executive Officer, Chief Strategy Officer and Head of the Planning Division, JERA Co., Inc.
Takayuki Ueda, President & CEO, INPEX CORPORATION
H.E. Rachmat Kaimuddin, Deputy Minister for Infrastructure and Transportation Coordination, Coordinating Ministry of Maritime Affairs and Investment of the Republic of Indonesia
Helle Kristoffersen, President of Asia & member of the Executive Committee, TotalEnergies
Kathy Wu, Regional President Asia Pacific, Gas & Low Carbon Energy, bp
Irtiza Sayyed, President of Asia Pacific, Low Carbon Solutions, ExxonMobil

Highlighting their commitment, JERA, Japan’s largest power generation company, will return as the Co-Host of the event. Yuichi Shimada, Executive Officer, Head of Public Relations Group at JERA said regarding their participation: “As the largest power producer in Japan and a top-tier energy company worldwide, JERA is committed to developing cutting-edge solutions for a new era. We are proud to take the lead in developing a low-carbon fuel supply chain and to present the world’s first fuel substitution demonstration project. By participating in the Japan Energy Summit & Exhibition, we are happy to showcase our advancements and look forward to fostering more collaborations with industry partners toward a decarbonised future.”

Another participant of the leading international energy event is Co-Host Tokyo Gas, who is a pioneer in LNG introduction to Japan and now provides energy solutions globally. “To realise a net-zero world, innovation to decarbonise gas and electricity is essential. We are developing methanation technologies, which recycles CO2, alongside the expansion of renewable power sources, and are making moves to replace city gas with ‘e-methane.’” Yumiko Yao, Executive Officer, Senior General Manager of LNG Business Dept, Tokyo Gas said.

“Tokyo Gas is at the forefront of integrating innovative technologies to meet Japan’s energy needs sustainably. Participation in the Japan Energy Summit & Exhibition is pivotal in driving this transformation. As Co-Host of the Japan Energy Summit and Exhibition, we are pleased to help exemplify actionable steps towards a sustainable energy future,” Yao continued.

Christopher Hudson, President of dmg events, the organiser of the event, said: “The Japan Energy Summit & Exhibition serves as a platform for change, demonstrating the power of collaboration and innovation in the energy sector”. He added: “This event facilitates connections which set the scene for the ground-breaking partnerships that lead to actionable solutions for a sustainable future. Our co-hosts and sponsors all play an important role in leading decarbonisation efforts to achieve a better future for all.”

Japan Energy Summit & Exhibition will be headlined by an address by Shinichi Kihara, Director General for International Policy on Carbon Neutrality Ministry of Economy, Trade and Industry (METI) discussing the role that the Asia Zero Emissions Community (AZEC) will play in decarbonising the region. This will be followed by another crucial session for setting the tone of the event, senior officials from INPEX and TotalEnergies will be discussing the importance of strengthening global ties to achieve energy security.

Event sponsors include JERA, Tokyo Gas, Kraken, Exxonmobil, TotalEnergies, Cheniere, Rystad Energy, RWE, Engie and Vortexa who will join 100 other companies to showcase their collaborative contributions to propelling the energy transition within the exhibition and through the summit sessions. The convergence of industry leaders and innovators at the Japan Energy Summit & Exhibition highlights the importance of partnerships across sectors to achieve a carbon-neutral future.

About the event

The Japan Energy Summit & Exhibition, taking place on 3-5 June 2024 in Tokyo is a pivotal event designed to accelerate Japan’s transition to a sustainable and carbon-neutral future. As a global economic leader and technological innovator, Japan is setting the stage for an ambitious energy transformation that aligns with its environmental commitments and economic aspirations.

The event creates an environment for fostering a cross-sector collaboration for a diverse energy system, investing in climate technology across the energy value chain, ensuring energy security through strategic partnerships, decarbonising industries for a sustainable economic future, and promoting an inclusive and just transition. For more information, visit www.japanenergyevent.com.

About the organiser

dmg events is a global exhibitions and publishing company, established in 1989 and operating with 13 offices around the world. With a vast portfolio of over 80 exhibitions annually, we attract more than 1 million visitors, positioning us as one of the leading players in the industry. This global portfolio works closely with key stakeholders across the industry to facilitate pragmatic dialogue, serving as platforms for the latest discussions at the forefront of change.

Over recent years dmg events has significantly expanded operations to achieve impressive growth in emerging and mature markets. With new events continually being launched to adapt to changing market conditions, evolving with the industry, live events remain a focal point, providing a mix of exhibitions, conferences, certified workshops, technical seminars, clubs and leadership roundtables. www.dmgevents.com

Media Registration
Please register an application in order to secure your media pass, which provides access to all conference sessions* and exhibitions.

We look forward to your participation in Tokyo for an insightful overview of Asia’s evolving energy landscape.

*Subject to restriction and change

For more details on the events, please visit:
Japan Energy Summit & Exhibition

Media contacts:

Diana Estella Peter
Public Relations Executive
Rothman & Roman
Tel: +65 8498 9424
E-mail: diana.estella@rothmanasia.com

Tashan Kassey
Public Relations Account Director
Rothman & Roman
Tel: +65 8282 8746
E-mail: tashan.kassey@rothmanasia.com

Pertamina International Shipping (PIS) Welcomes 2 VLGC Tankers to Its Fleet, Takes Top-Tier Position in ASEAN LPG Transport

GEOJE, South Korea, May 10, 2024 – (ACN Newswire) – PT Pertamina International Shipping (PIS) is solidifying its position as a top-tier player in ASEAN LPG transport by acquiring two additional Very Large Gas Carriers (VLGCs), named VLGC Pertamina Gas Caspia and VLGC Pertamina Gas Dahlia.

These new vessels are specifically optimized for transporting vital commodities like liquefied petroleum gas (LPG), as well as other petrochemicals such as propylene and ammonia, intended for international trade routes.

Each of the new tankers measures an impressive 300 meters in length or equivalent to two football fields, with a capacity of 91,000m3. They were constructed at Hanwha Ocean, a globally renowned shipyard located in South Korea.

The two giant tankers were officially launched on May 9, 2024 at Hanwha-Okpo Shipyard in Geoje City, South Korea, a shipping hub located over 300 kilometers away from the capital Seoul. Stakeholders witnessing this important launch included Secretary of the Indonesian Ministry of State-Owned Enterprises (SOEs), Rabin Indrajad Hattari; Chargé d’Affaires Ad Interim of the Indonesian Embassy in Seoul, Zelda Wulan Kartika. Representing PIS at the event were Director of Business Planning Eka Suhendra and Director of Fleet Muhammad Irfan Zainul Fikri.

Secretary of the Indonesian Ministry of SOEs, Rabin Indrajad Hattari, extended a warm welcome to the arrival of PIS’s two latest VLGCs, reinforcing its pivotal role in Indonesia’s energy distribution landscape and amplifying Indonesia’s maritime prowess on the global stage.

“These VLGCs signify more than mere vessels; but a testament to international collaboration, technological advancement, and an unwavering commitment to bolstering Indonesia’s energy security. We believe this international collaboration can enhance the capabilities of PIS, as part of Pertamina, in strengthening energy infrastructure,” Hattari emphasized on Thursday (09/05).

He stressed these vessels’ timely arrival and pivotal role in LPG distribution, championing a more eco-friendly energy solution for both industries and households.

“The arrival of these VLGCs signals our unwavering dedication to strengthening Indonesia’s maritime industry. As we expand our fleet with advanced, modern vessels, we create opportunities for our skilled workforce, boost our maritime capabilities, and elevate Indonesia’s standing as a leading regional force in the shipping sector,” added Hattari.

CEO of Pertamina International Shipping (PIS), Yoki Firnandi, stated that the addition of these vessels positions PIS as the foremost VLGC fleet owner in Southeast Asia, bolstering the fleet to a total of seven vessels. “As we continue to grow our environmentally-friendly VLGC fleet, we affirm our commitment to supporting the energy transition and fostering sustainable business development.”

These vessels are currently the world’s largest environmentally-friendly giant gas tankers equipped with the latest technology. The vessels were named after flowers: Caspia symbolizes success and memories, while Dahlia represents happiness and respect.

The new tankers are prioritized for international routes and scheduled to embark on their inaugural voyage from Houston, Texas in the US in early May 2024. Currently, there are 419 VLGC tankers sailing around the world, with an average ship age of 10.08 years. With the addition of two new fleets, PIS now has seven VLGC tankers with an average age of 3.42 years.

“The PIS VLGC vessels’ relatively young average age is advantageous, ensuring operational quality, compliance with regulations, utilization of new technology to reduce emissions, and competitiveness,” stated Yoki.

Previously, PIS also had several new environmentally-friendly dual-fuel LPG tankers in Indonesia, including Pertamina Gas 1, Pertamina Gas 2, Pertamina Gas Amaryllis, Pertamina Gas Tulip, and Pertamina Gas Bergenia.

Furthermore, VLGC Pertamina Gas Caspia and VLGC Pertamina Gas Dahlia also have several superior features, such as the highest load flexibility in their class, up to 39 cargo combinations, and full accommodation anti-piracy measures for crew safety and comfort.

In fact, the VLGC Pertamina Gas Dahlia is directly managed by PIS and operated by a fully Indonesian crew.

As part of Pertamina’s sustainability commitments, the vessels are equipped with energy-saving devices and shaft generators that increase fuel efficiency and reduce carbon emissions, and they use environmentally-friendly dual-fuel and selective catalytic reduction (SCR) technology to reduce acid rain (NOx) pollution.

With the addition of these vessels, PIS’s fleet now totals 102 units, comprising Very Large Crude Carriers (VLCCs), Very Large Gas Carriers (VLGCs), Suezmax vessels, and other fleets of various sizes, with 60 of them serving international routes.

Media Contact:
Muh. Aryomekka Firdaus
Corporate Secretary
M: +62(0)811-872-272
E: aryomekka@pertamina.com

About Pertamina International Shipping (PIS):

Pertamina International Shipping (PIS), a subsidiary of Pertamina, was established in 2016. In 2021, PIS assumed the role of parent subholding of Integrated Marine Logistics (SH IML), consolidating all shipping, marine services, and logistics businesses under its umbrella. See https://pertamina-pis.com/.

Q2 Metals Announces Assay Results from Its 2024 Winter Drill Program at the Mia Lithium Property, James Bay Territory, Quebec, Canada

Highlights:

Continued presence of wide spodumene-mineralized pegmatites containing high-grade intervals at the Mia Zone confirmed:
- 13.7 m at 1.28% Li2O, including 9.1 m of 1.79% Li2O (MIA24-033)
- 8.8 m at 1.33% Li2O, including 5.8 m of 1.71% Li2O (MIA24-039)
Continuity of mineralization at the Mia 1, 2 & 3 zones

Vancouver, British Columbia–(ACN Newswire – May 10, 2024) – Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) (“Q2” or the “Company“) is pleased to announce core assay results for the drill program completed in the winter of 2024 (the “Winter Drill Program“) at the Company’s wholly owned, 8,668 hectare (“ha”) Mia Lithium Property (the “Property“) located in the Eeyou Istchee James Bay Territory of Quebec.

The 2024 Winter Drill Program targeted the western end of the more than 10-kilometre-long Mia Lithium Exploration Trend (the “Mia Trend“), located 22 kilometres (“km”) from the Billy Diamond Highway, proximal to major hydro-powerline and all-season road infrastructure. The Mia Trend comprises an approximately 10-km-long series of sub-parallel pegmatite intrusions, of which there are 11 mineralized with spodumene at surface. The individual pegmatite bodies vary in thickness between a few metres (“m”) and over 20 m in some cases. Combined with the 2023 fall drill program, a total of 8,685 m was completed over 50 drill holes along the Mia Trend. All assay results from both drill campaigns have now been reported.

Neil McCallum, VP Exploration, commented: “Our modest Winter Drill Program continued to successfully confirm the continuity of the mineralization encountered during our fall drill program at the Mia 1, 2 & 3 Zones. These results have provided us with information about what is happening across the broader Mia Trend and will be used to vector towards areas where we will test for thickening and higher-grade mineralization.”

The primary objective of the Winter Drill Program was to follow up on the fall-2023 drilling along the Mia Trend, with a total of 20 drill holes completed for approximately 3,085 m. One drill rig was used to test the main Mia 1, 2 & 3 zones (the “Mia Zone“) with 11 drill holes; while a second drill rig tested the greater Mia Trend with nine holes at the Mia 5,6, 7, 8 & Carte Zones.

Drill results at the Mia Zone confirmed the previously announced spodumene mineralization within a continuous pegmatite zone that dips gently to the north (see news release from April 25, 2024; Hole MIA23-004: 17.8 m at 1.51% Li2O, including 12.2 m of 2.16% Li2O).

Thickness of the mineralized zone varies from 8 to 20 m and extends roughly 600 m east-west and roughly 375 m north-south. The pegmatite body appears to be open to the west, east and north. The Winter Drill Program confirmed the continuity of the mineralization in some areas of the zone, while also showing some grade variability at the northern portions of the pegmatite at depth, with pegmatite intervals as expected but without significant lithium grades in holes 42, 44, 46, 48.

Figure 1. Mia Zone, winter 2024 drilling results

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Figure 2. Mia Zone 1, simplified cross-section with winter 2024 results

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The results of the greater Mia Trend have revealed significantly wide pegmatite intervals, with relevantly anomalous LCT-style geochemistry, but without significant lithium intervals. For instance, drill hole MIA24-035 at the Mia 8 Zone intersected 14.9 m of pegmatite, followed by 2.6 m of metasediments, followed by another 20.6 m of pegmatite. The geochemistry revealed elevated rubidium of 989 ppm and only 96 ppm lithium. Additionally, drill hole MIA24-049 at Mia 5 Zone intersected three near-surface pegmatites (1.4 m wide, 2.9m wide and 0.8 m wide) with anomalous lithium (723, 76 and 57 ppm Li, respectively), anomalous rubidium (1,795, 996 and 1276 ppm Rb, respectively) and anomalous tantalum (107, 59 and 116 ppm Ta2O5, respectively); with potassium-rubidium ratios (K/Rb) of 9, 22 and 7, respectively. The positive indicator-geochemistry in drill-holes, combined with anomalous surface geochemistry, indicates the potential for the discovery of additional mineralized zones along the Mia Trend. Drill holes 32, 34, 35, 37, 38 and 41 to 50 all returned elevated but not significant amounts of lithium.

Figure 3. Mia Zones 5, 6, 7, 8, 9 & Carte. Drill hole locations

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Table 1. Summary of winter 2024 drilling results

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2024 Exploration Plans

Due to an abnormal fire season in 2023, much of the Property remains completely untested as the field season was drastically shortened. Further exploration will be undertaken at the Mia Lithium Property during the summer of 2024 with a 2-week long property-wide ground mapping and sampling campaign. The focus of the campaign will be on the continuation of the Mia Trend as well as the prospective Bruce and Lady trends that were identified at the end of the 2023 field season. Several high-priority targets were identified with the high-resolution aerial imagery and LiDAR that was collected at the end of the 2023 season.

Analytical Methods and QA/QC Protocols

All drill core samples were shipped to SGS Canada’s preparation facility in Val d’Or, Quebec, for standard sample preparation (code PRP89) which includes drying at 105°C, crush to 75% passing 2 mm, riffle split 250 g, and pulverize 85% passing 75 microns. The pulps were shipped by air to SGS Canada’s laboratory in Burnaby, BC, where the samples were homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50).

A Quality Assurance / Quality Control protocol following industry best practices was incorporated into the sampling program.

Qualified Person

Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed the technical information in this news release. Mr. McCallum is a director and VP Exploration of Q2.

About Q2 Metals Corp

Q2 Metals Corp. is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada that includes its 100% owned Mia Lithium Property and its recently acquired Cisco Lithium Property.

The Company’s exploration advancement at its 8,668-ha flagship Mia Lithium Property is focused on the more than 10-kilometre-long Mia Trend which is host to both the Mia 1 and Mia 2 lithium occurrences and 11 other mineralized zones along trend.

The Cisco Lithium Property is located approximately 150 km north of Matagami, Quebec and comprised of 222 mineral claims and is 11,374-ha in size. The property has district scale potential with an already identified mineralized zone and a discovery drill result of 115.4 m of 1.21% Li2O (hole CS-23-05), cumulatively in five separate pegmatites.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne
President & CEO
Alicia@Q2metals.com

Jason McBride
Corporate Communications
Jason@Q2metals.com

Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com

www.Q2Metals.com

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward-looking statements in this news release include, but are not limited to, exploration results on the Cisco Property and inferences made therefrom, the focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company’s expectations in connection with the projects and exploration programs being met, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Speculation Swirls: ESR (01821.HK) Progresses in Privatization Talks Led by Warburg Pincus

HONG KONG, May 10, 2024 – (ACN Newswire) – The Hong Kong-listed company ESR (01821.HK) has once again been reported to have progress in privatization this week.

According to informed sources, the American investment group Warburg Pincus is leading a consortium planning to privatize ESR, a warehousing and logistics development and operation services provider. This news indicates that the ESR board has received a formal tender offer from the consortium, proposing to privatize ListCo for $7-8 billion. Based on ESR’s current market value, the potential privatization premium is approximately 40% to 60%. The board has agreed to proceed with the transaction, and the funds for this deal have also been largely secured. The transaction is expected to be completed in the second half of 2024.

It is known that Warburg Pincus is ESR’s largest shareholder. The 2023 financial report shows that ESR’s total assets under management reached $156.1 billion, with operations covering Greater China, Japan, South Korea, Australia, New Zealand, Southeast Asia, and other countries and regions.

Some analysts point out that since logistics assets can generate stable cash flows, they are generally favored by international large institutions such as Middle Eastern investors and sovereign wealth funds, which may help Warburg Pincus raise more funds to support the potential privatization offer in the international capital market.

As of the date of this report, the company has not issued any clarification announcements.