Hong Kong, PRC, Jan 5, 2023 – (ACN Newswire) – China South City Holdings Limited (the "Company" or the "Group", SEHK stock code: 1668.HK) is pleased to announce that China South International, a direct wholly-owned subsidiary of the Company, has entered into an investment agreement with Shenzhen Shenji No.1 Industrial Park Investment and Operation Co., Ltd. under Shenzhen SEZ Construction and Development Group Co., Ltd. ("SZCDG"), pursuant to which the latter has agreed to subscribe for 69.35% new shares of "China South City Xi'an" at a cash consideration of RMB5 billion (equivalent to approximately HK$5.58 billion). Upon completion of the transaction, the Group's shareholding in "China South City Xi'an" will be reduced from 100% to 30.65% and "China South City Xi'an" will cease to be a subsidiary of the Group and the transaction is subject to the approval of the independent shareholders of China South City. RMB2.86 billion of the subscription proceeds from this transaction will be used to repay the Group's shareholder loans, which will provide additional working capital for the Group, reduce the Group's gearing ratio and significantly improve its liquidity. The signing of this investment agreement marks another step forward in the cooperation between the Company and SZCDG, and represents SZCDG's strong support for the Group's operation and development. the consideration of the transaction approximates the carrying value of the net assets of China South City Xi'an as of 30 September 2022, which fully demonstrates SZCDG's high recognition of the Group's asset value and future development.
As disclosed in the announcement of the Company, China South City Xi'an is principally engaged in development and operation of integrated logistics and trade centres, and is located at the Xi'an international trade and logistics park, which is an open economic pilot zone and a core area for modern service industry established with strong support from the Xi'an government. China South City Xi'an has a total planned land area of approximately 10.00 million sq. m. and the total planned GFA of approximately 17.50 million sq. m. As of 30 September 2022, China South City Xi'an has acquired land with a total planned GFA of approximately 4.17 million sq. m. and has completed the construction of approximately 2.41 million sq. m., including a commodity trading centre, a logistics park and other ancillary facilities. In addition, business operation in China South City Xi'an covers various industries, including hardware materials and machinery products, curtains and fabrics, textile and clothing, leather and fur, automobile and motorcycle parts, building and decoration materials, 1668 New Times Square, outlets, crossborder e-commerce, Central Asia and ASEAN product exhibition centre, etc., on its trade centre premises, of which the commercial complex, 1668 New Times Square, was included in Shaanxi Provincial Key Project in 2019 and 2020.
During the year, SZCDG fully leveraged its strategic leadership role as a state-owned enterprise in various aspects to facilitate the Group's long-term and stable development. Firstly, in terms of senior management appointments, Mr. Li Wenxiong, chairman of SZCDG, was appointed as Co-Chairman and Non-Executive Director of the Group, while Mr. Wan Hongtao and Mr. Qin Wenzhong were appointed as the Group's Vice president and the Group's Chief Financial Officer respectively, and were also appointed as executive directors, thereby continuously strengthening the Group's senior management team. In addition, SZCDG continued to provide financial support to the Company during the year to improve the Company's operations and improve its liquidity. In May 2022, the subscription by SZCDG was officially completed, whereby the Company issued and allotted 3.35 billion new shares to SZCDG under the special mandate and subscription agreement and received total proceeds of HK$1,909.5 million, significantly improving the Company's overall capital and financial strength while welcoming a state-owned background. In July 2022, the Group entered into an agreement with SZCDG for the transfer of 50% equity interest in First Asia Pacific Group Company Limited at a consideration of RMB1,257 million; in the same month, SZCDG supported the extension of the terms of five offshore US dollat senior notes of the Company by way of keepwell agreement. In November 2022, subsidiaries of SZCDG have taken the lead in setting up an equity investment fund with a total size of approximately RMB11 billion and coordinated with the Group to work closely with relevant banks to promote the formation of a syndicated loan, thus providing another strong financial support for the Group's future growth, and the China South City Xi'an transaction is the first step under this plan.
In terms of business, with the investment by SZCDG, the Company has entered into strategic cooperation with seven major enterprises, including a strategic cooperation agreement with Pengcheng Smart Sharing Technology (Shenzhen) Co., Ltd. and Shenzhen Planning Institute under SZCDG. In addition, as recommended by SZCDG, China South City reached a cooperation agreement with Shenzhen International Holdings to effectively revitalize its assets and further strengthen its cash flow by transferring its Qianlong Logistics' two high-standard logistics and warehousing projects in Zhengzhou and Hefei. By taking a series of proactive measures, China South City reduced its gearing ratio to 63.8% and recorded a net asset value of approximately HK$3.71 per share.
About China South City
China South City Holdings Limited ("China South City", stock code: 1668.HK) is a leading developer and operator of large-scale integrated logistics and trade centres in China, and has positioned itself to be "world-class integrated trade and logistics centre, digital centre, innovation centre and living centre".
As an industry leader, China South City insists on serving the nation by promoting the transformation and upgrading of regional economy and new urbanisation, and has developed a diversified and flexible business model with core business formats covering professional wholesale markets, warehousing, logistics and distribution, integrated commercial, e-commerce, convention and exhibition, daily life facilities and integrated property management, etc. It has developed and operated projects in Shenzhen, Nanning, Nanchang, Xi'an, Harbin, Zhengzhou, Hefei and Chongqing. China South City has a core subsidiary, the Business Management Division, as well as various branded professional companies such as Huasheng Commercial, China South City Logistics Group, First Asia Pacific Property Management ( associated company), China South City Micro-credit and Huacaitong Digital Technology.
In 2014, Tencent Holdings Limited invested in China South City, and the two parties used their respective resource advantages to start new exploration of China South City's business model; in 2022, SZCDG became the single largest shareholder of China South City, bringing the resource advantages of state-owned enterprises to China South City to start a new chapter of high-quality integrated development. For more information, please visit the Company's website at http://www.chinasouthcity.com/
Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com
OKX Announces Comprehensive API Key Security Protection Features, Further Enhances User Protection Against External Threats
Victoria, Seychelles, Jan 4, 2023 – (ACN Newswire) – OKX, the world-leading cryptocurrency platform, today announced comprehensive API key security protection features, further enhancing user protection against external threats.
The features are:
– Auto expiry after 14 days of inactive API keys with trade and withdraw permissions that aren't bound to IP addresses;
– A third-party whitelist that enables users to bind their IPs to cooperating third-party platforms and ensures transactions are from the whitelisted platform;
– Fast API (Fast Connect), which provides additional security for the API key binding process by allowing users to quickly authorize brokers to access, generate and bind API keys automatically in one click; and,
– A risk engine that monitors and flags suspicious transactions, allowing OKX to freeze identified accounts to prevent loss
"At OKX, security of customer funds is always our first priority," said OKX Chief Marketing Officer Haider Rafique. "Our API safety measures are among the most comprehensive on the market. Traders can use our platform confidently with the knowledge that API keys are protected with multiple layers of security."
About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading Web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into Web3.
Beyond OKX's exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
To learn more about OKX, download our app or visit okx.com
Media contact: Media@okx.com
Source: Plato Data Intelligence: Platodata.ai
Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Doubleview Appoints Red Cloud Securities Inc. to Provide Corporate Advisory Services
Vancouver, BC, Jan 4, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the "Company" or "Doubleview") is pleased to announce that it has appointed Red Cloud Securities Inc. and Red Cloud Financial Services Inc. (together "Red Cloud") to provide the Company with a range of corporate advisory services. Red Cloud is a Toronto-based financial services company that provides assistance to mineral exploration and mining companies in accessing capital markets and enhancing their corporate profile.
Under the engagement, Red Cloud will be paid a fee of $10,000 per month for the services it will render starting January 1, 2023 and for an initial six-month period and the arrangement can automatically renew month-to-month thereafter at the option of the Company. More specifically, Red Cloud will provide services such as organizing and administering "roadshows", drafting traditional marketing materials, managing Doubleview's social media and providing traditional media support and assistant in the creating of video content for exclusive use on "Red Cloud TV" and other services as required by the Company. In certain circumstances additional services may be provided to the Company by Red Cloud and an additional contingent consideration for such services may be applicable. The engagement of Red Cloud is subject to TSX Venture Approval. Red Cloud has no direct relationship with the Company, other than as contemplated in the current agreement.
"Doubleview has entered a new horizon in its growth that must now reach out to higher grounds in the mining exploration arena. With the strategic metals and unique new North American financial spectrum, we need professionals in this environment to bolster our growth. I am sure that Red Cloud's unique and robust experience in the strategic metals and mining markets will open new doors for Doubleview," stated Farshad Shirvani, President and CEO.
About Doubleview Gold Corp
Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (FSE: A1W038), (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risk.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
NEITHER 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.
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Experience the Future of Investment Banking with Finalis
SAN FRANCISCO and NEW YORK , Jan 4, 2023 – (ACN Newswire) – Finalis, a rapidly growing investment-banking-as-a-service platform for dealmakers, recently launched its state-of-the-art platform, Finalis Marketplace. The platform allows investment bankers, placement agents and M&A advisors to offer, find and promote deal collaboration with other dealmakers in real-time without the risk of revealing their clients' identity.
Finalis provides a unified white-labeled broker dealer platform that ensures a seamless experience for dealmakers. Sourcing, distributing, and executing deals at a faster rate has become a reality with Finalis Marketplace.
Founded by banking, compliance, data science, engineering and law experts, Finalis addresses a fragmented and rigid banking infrastructure that has not yet benefited from major advances in financial technology.
"With growing investment volumes, dealmakers across the globe are increasingly in search of a single platform that enables them to get complex transactions done as quickly and as cleanly as possible," said Finalis Founder and CEO Federico Baradello. "Finalis empowers dealmakers to win more mandates and close more deals. The Marketplace will become the go-to platform for all mid- to small-sized investment banks, businesses and global funds to promote, distribute and find opportunities in the private markets. We look forward to growing and enhancing the platform for bankers and our clients to capture more value and get the exposure they deserve."
"Finalis Marketplace is a game-changer for affiliates like me on the platform. I have met a number of impressive and accomplished dealmakers across various industries and geographies," said Daniela Messina, Managing Member at Portside Capital Solutions. "Finalis makes it easy and efficient to share deal flow, to connect and collaborate with others on the platform. The Finalis team goes above and beyond to help make thoughtful internal connections and I look forward to using the platform to continue achieving value for years to come."
Finalis Marketplace launched its beta version on March 21, 2022, has received great feedback and achieved outstanding results with over 600 deals in the platform, 250+ collaboration requests, with a total of $3 billion+ in deal transaction value open to collaboration. Through scalable white-glove solutions, Finalis Marketplace opens up significant deal value, giving bankers access to a marketplace that leverages the Finalis affiliate network.
About Finalis
Finalis is the leading platform enabling securities brokerages to operate legally and compliantly. The firm delivers a white-labeled regulatory affiliation and compliance back-office solution that supports a wide range of securities dealmaking including: M&A, capital raising, private placements, direct participation programs, fintech marketplaces, and alternative investment sponsors.
Finalis provides superior leverage to securities brokers with the Finalis Hub, which delivers a hassle-free deal management solution, and the Finalis Marketplace, which connects brokers with one another to gain insights and explore deal collaborations.
Launched in 2020 and growing rapidly, the San Francisco- and New York-based firm is on a mission to power dealmakers by building the world's largest securities brokerage platform. The Finalis platform currently handles transactions with more than $16 billion dollars in deal value, supports over 175 boutiques, and has more than 850 active mandates in the market. For more information, please visit www.finalis.com.
For more information, contact:
Victoria Hearne
victoria@finalis.com
Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com
ShareInvestor Group’s S$30M Merger with InvestingNote Adds Vitality to Singapore’s Retail Investing Scene
SINGAPORE, Jan 4, 2023 – (ACN Newswire) – ShareInvestor Pte Ltd, Singapore's largest independent platform for investor relations, market data tools and investor education, today announced its merger with Investing Note Pte. Ltd., a fast-growing and profitable community-driven platform serving young retail investors since 2014. ShareInvestor is an established brand with a 22-year track record of profitability. The deal terms for the merger values the combined Group at more than S$30 million.
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InvestingNote is renowned for its large following of Gen Y (Millennials) and Gen Z investors, due in no small part to its CEO, Shanison Lin Xinshan, being a Millennial himself who shares the younger generation's life aspirations, immersion in the digital world, and financial objectives.
Shanison's belief that financial literacy should be fun and profitable has powered Investing Note to be the largest social network for young retail investors in both Singapore and Malaysia. Advertisers, sponsors, key opinion leaders and brokerages have been quick to recognise the value of tying up with Investing Note to engage its subscriber base of youthful and enthusiastic investors.
ShareInvestor and InvestingNote have had a long and mutually fruitful association starting with Shanison joining ShareInvestor as a software engineer after he graduated from [NUS] in 2009 with a Bachelor of Information Technology on a Ministry of Education (MOE) scholarship, until 2014 when he left to start InvestingNote. In 2015, ShareInvestor took an initial 15% stake in the startup and subsequently both ShareInvestor and two of its senior Management increased their total stake to 32%. Throughout the years, ShareInvestor's senior Management has provided strategic guidance to InvestingNote, and the synergy that the two companies enjoy has spawned many successful project collaborations.
Mr Christopher Lee, CEO, ShareInvestor Group said: "The merger with InvestingNote is a natural progression for ShareInvestor given our long and synergistic relationship. It makes us even more attractive as a one-stop platform for advertisers, sponsors, key opinion leaders, brokerages and other financial intermediaries to forge win-win business partnerships with us. The merger also brings on board new talents and technologies and positions ShareInvestor as a future-ready financial intermediary for both traditional and digital assets."
Mr Shanison Lin Xinshan, Founder of InvestingNote, said: "This is a pivotal moment for us as we mark the beginning of the next phase of growth. ShareInvestor has always been our shareholder and close partner since the early days of InvestingNote. I am super excited about starting this new journey together!"
Commenting on the merger, Mr Chan Kum Kong, Head of Research and FinLit, Singapore Exchange (SGX Group) said, "With the rise of a younger generation of tech-savvy investors, there is a need for high quality information and innovative solutions for online communities to hone their investment skills. The merger between ShareInvestor and InvestingNote will combine talents and capabilities of both platforms and broaden their reach to investors in the region. We look forward to the merged entity bringing added vibrancy to Singapore's retail investing landscape."
Mr Greg Baker, CEO of TD Ameritrade Singapore, said, "Knowledge is an investor's best asset, and young investors know this. They place a high value on credible insights that can help them make smarter investment choices, in their pursuit of financial well-being. We have worked with ShareInvestor for over a decade and look forward to furthering our collaboration with the enlarged entity to make investor education readily accessible to all."
Mr Gavin Chia, Managing Director, Moomoo Financial Singapore Pte. Ltd. said, "We have a symbiotic relationship with ShareInvestor and InvestingNote. In today's increasingly complex financial markets, investor education is of utmost importance for informed decision making. The ShareInvestor Group's services and its footprint in the Southeast Asia region will serve us well as we venture into these markets."
Mr Christopher Lee concluded: "The Group's enhanced talent and technology resources, together with its growing footprint in Singapore, Malaysia, Indonesia and Thailand, give us confidence that we can be the leading regional financial intermediary, riding on the promising economic outlook for the ASEAN markets."
The merged Group has set its sights for an initial public offering (IPO) on the Singapore Exchange or another reputable stock exchange within the next few years.
To know more about ShareInvestor and Investing Note, please visit https://www.shareinvestorholdings.com/ and https://www.investingnote.com/
For more information, please contact:
Mr Wayne Koo
Mobile: +65 9338-8166
Office: +65 6958-8008 / 6958-8005 / 6958-8006
Email: query@waterbrooks.com.sg / wayne.koo@waterbrooks.com.sg
About ShareInvestor (www.shareinvestorholdings.com)
A leading regional media and technology company, ShareInvestor Pte Ltd (SI) was founded in 1999 to empower investors to make informed investment decisions. SI focuses on providing investor relations, market data and investor education services, and operates the largest investor relations network in the region.
SI Group has over 130 employees in four countries (Singapore, Malaysia, Thailand and Indonesia). It has also made strategic investments in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd (www.waterbrooks.com.sg), and Singapore's leading social media platform for investors, Investing Note Pte Ltd (www.investingnote.com).
SI (www.shareinvestor.com) provides online market data for multiple markets across its online platform tools ShareInvestor Station(TM), ShareInvestor WebPro(TM) and ShareInvestor Mobile. Its other products include Investor-One (www.investor-one.com), a website on investor education, market news, corporate developments, and data analytics; as well as Inve$t, the e-magazine published weekly in Singapore and Malaysia.
SI organises financial investment seminars and conferences for investors. Its annual large-scale events INVEST Fair(TM) (www.investfair.com.sg) in Singapore and Malaysia draws thousands of participants.
About InvestingNote (www.investingnote.com)
Investing Note is the largest and most interactive platform for investments in Singapore and Malaysia. It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, personal finance, news and insights through social networking and a variety of useful investment tools. Previously, the company (Investing Note Pte Ltd) has received funding support from Infocomm Media Development Authority (IMDA) and Singapore Press Holdings (SPH).
Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Society Pass (Nasdaq: SOPA)’s NusaTrip Opens Regional Office in Singapore to Service Booming Rebound in Southeast Asia Travel Market
SINGAPORE, Jan 4, 2023 – (ACN Newswire) – NusaTrip, Indonesia's first IATA-certified online travel agency (OTA) and the travel vertical of Society Pass Incorporated (Nasdaq: SOPA), today announces the opening of its first regional office in Singapore and first office outside of Indonesia. The office opening positions NusaTrip as the travel platform of choice for travelers desiring access to the booming recovery of Southeast Asia's (SEA) tourism industry and reflects NusaTrip's commitment to developing a wider range of marketing and commercial partnerships with airlines, hotels, and tourism boards. Customers in Singapore can now directly book flights and hotel rooms and pay in local currency on NusaTrip.com's dedicated website for Singapore travelers.
"Singapore's strategic location at the center of Southeast Asia (SEA) make it a preferred destination for travelers from around the globe. Ranked the third busiest airport in the world by Skytrax, Singapore's Changi Airport (IATA: SIN, ICAO: WSSS) plays an important and strategic role in SEA's travel, tourism, and hospitality industry. The presence of NusaTrip in Singapore is only the beginning of many significant advancements to come. It is an important step toward increasing our accessibility and credibility among our key stakeholders in SEA", said NusaTrip's CEO, Johanes (Joe) Chang.
Leveraging SEA's soaring momentum of the travel and tourism industry recovery post-COVID-19 pandemic, NusaTrip is expanding its offering beyond air travel. According to the World Travel & Tourism Council's "Travel & Tourism Economic Impact 2022" report, the Travel & Tourism GDP in Asia-Pacific is forecasted to grow at an average annual rate of 8.5% or twice the 4% growth rate for the regional economy. Against this backdrop, NusaTrip expects to significantly add to its supply of hotels beyond the current 200,000 registered hotels on its platform. NusaTrip connects worldwide flight content through streamlined integration with low-cost and full-service airlines from multiple points of sale and enables global distribution at ease via its proprietary technology, the NusaXchange platform.
About NusaTrip
Founded in 2013, NusaTrip is an IATA-licensed, Indonesia-based online travel agency serving both local and global customers and partners by optimising cutting-edge technology and providing 24/7 customer-centric support team-as-a-service. NusaTrip is a member of Society Pass (Nasdaq: SoPa) ecosystem. For more information, please review: https://www.nusatrip.com.
About Society Pass Inc.
Founded in 2018 as a next generation, data-driven, loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.
Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.
SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.
Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital advertising network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a premier online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.
For more information on Society Pass, please review the following online information which is not part of this press release:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.
Cautionary Note Concerning Forward-Looking Statements
This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Media Contacts:
Rosa Milyarna – NusaTrip Indonesia
Rosa@nusatrip.com
NusaTrip/Society Pass ID PR Representatives
Elisabeth (elisabeth.winiartati@gmail.com | +62813375150220)
Angga (anggahadi@gmail.com | +6281213858388)
Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com
The 5th Hong Kong Public Relations Awards 2023 Set to Kick Off Soon
HONG KONG, Jan 4, 2023 – (ACN Newswire) – The Hong Kong Public Relations Professionals' Association (PRPA) today announces that the 5th Hong Kong Public Relations Awards (HKPRA) will soon kick off and enrolment will open with a briefing session in January 2023.
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As a flagship event for the public relations industry since its inception in 2010, HKPRA aims to recognise organisations, teams and individual public relations practitioners who have planned and executed excellent and highly effective public relations campaigns that have contributed to the organisations they serve.
Ms Agnes Hui, President, Hong Kong Public Relations Professionals Association says, "We are excited to announce that HKPRA is back since it was last held in 2018-2019. Special thanks are due to Dr John Chan, Professor Anthony Wu, Mr George Yuen and Dr Linda Tsui who have agreed to continue their leading roles in the Organizing Committee and Panel of Judges spearheading HKPRA, along with a strong line up of judges for different award categories, adding weight to the credibility and authority of HKPRA.".
HKPRA contributes to raising public awareness of the role of public relations in helping organisations achieve their goals through fostering better understanding and improving relations between organisations and their stakeholders. At the same time, HKPRA helps raise professional standards of public relations practitioners in Hong Kong and plays an important part in fostering the development of the business community, government bodies, non-government organisations and the Hong Kong community at large.
Dr John Chan, Chairman, Organising Committee of HKPRA 2022-23, said: "HKPRA has been very well received and strongly supported by the PR industry. The Awards have seen continual enhancement in the content, format and depth of the entries. Among them many demonstrated execution excellence and remarkable achievements that deserve much recognition."
"Hong Kong and its people have gone through some unprecedented challenges recently and the corporate communications function has been playing a significant role especially during the pandemic period. In view of that, we have added a new category to the Awards this time to reflect the diversity," added Dr Chan.
In addition to the "Public Relations Campaign" and "Individual" awards given in previous years to recognize industry peers, "Student" awards are added to the 5th HKPRA with a view to nurturing the next generation of public relations professionals and fostering knowledge transfer within the industry.
Stay tuned for further announcements from PRPA on the "Hong Kong Public Relations Awards".
Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Tianyun International Signed MOU with a Leading Korean Food and Beverage Company as a Strategic Partner
HONG KONG, Jan 3, 2023 – (ACN Newswire) – Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, (the "Group") (Stock Code: 6836.HK), a leading seller and manufacturer of processed fruit products in the People's Republic of China ("PRC"), is pleased to announce that the Group has signed a Memorandum of Understanding (MOU) with SF Innovation Co., Ltd., a leading Korean food and beverage manufacturing company, under which the two companies will work together as strategic partners to explore and develop the distribution of fruit products and beverages along with promoting Asian cuisine in the Korean market. The MOU is expected to contribute to expanding the Group's overseas revenue streams and diversify its business, as well as enhance the Group's branding and international reputation.
SF Innovation Co., Ltd. is a leading food and beverage manufacturing company in Korea. The company has a particularly strong presence in the Korean market with the multiple successful restaurant brands and food delivery service, and sells (Korean style) instant food packaged in metal containers. It has a strong influence in the Korean market.
Mr. Yang Ziyuan, Chairman and CEO of the Group, said, "We have been actively seeking expansion opportunities for our high quality, healthy and diversified processed fruit products and featured beverage products in overseas markets. This strategic partnership will combine the respective resources of the Group and SF Innovation Co., Ltd. SF Innovation Co., Ltd. 's local expertise in franchising, branding and food delivery, which include distribution of fruit products and developing Asian cuisine for the Korean market. We are delighted that an agreement has been reached and we look forward to expanding the scope of our cooperation, such as strategic investment, in the future. We also believe that this synergistic partnership will enable both companies to achieve great success in the long-term development of the Korean market. Meanwhile, the Group is accelerating its production technology upgrades and continues to bring diversified healthy and featured beverages, and snack good to consumers, as it expands into domestic and international markets. Leveraging the Group's industry-leading position and meeting our social responsibility to drive high-quality development within the industry, we are striving to become an international fruit product & beverages company and contribute to the society by giving back to consumers for their support and trust."
About Tianyun International Holding Limited (Stock Code: 6836.HK)
Tianyun International Holdings Limited (the "Company") and its subsidiaries (collectively referred to as the "Group") are principally engaged in (i) the research and development, production and sales of processed fruit packaged in metal containers, plastic cups, glass containers and aluminum foil bags and beverages ii) trading of fresh fruit. Processed fruit products are sold both under its own brands "Bingo Times", "fruit zz" and "Tiantong Times" and on an OEM basis. The beverages are sold under its own brand Shiok Party "Shiok Party" and "Yao Guo Ji".
The Group has been consistently committed to providing its customers with healthy and safe products. As a food enterprise with one of the most complete quality certifications, we rigorously adhere to stringent international production standards and are accredited with BRC (A), IFS Food (High), FDA(FSMA), HALAL, SC, KOSHER, BSCI and ISO22000, etc. in respect of our production facilities, quality control and management. The Group has also passed the internal food-production standards reviews and audits from several UK and US supermarket chains. At the same time, as a Chinese "Equal production line; Equal standard; Equal quality" food production and export enterprise, the Group has been supplying products of equivalent quality to domestic and international markets. Since 2016, the Group's own-brand processed fruit products have continued to achieve high market recognition, and have also been awarded the honor and qualification of "China Canned Product Quality Certification Label" by national associations.
The Group was awarded China's Most Promising Listed Companies by internationally-renowned financial magazine Forbes, and the "2017 Linyi Mayor Quality Award" by the PRC government in 2017. The Group's new and proprietary researched, developed and produced pure fruit snack food received a national "Certificate of Invention Patent" in 2018. The Group was awarded the national Hi-tech Enterprise Certificate in 2019. In 2020, the Group was recognised as one of the Most Valuable Chinese Brands for the fourth consecutive year.
For more information, please visit www.tianyuninternational.com
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Bintai Kinden Expands Further into O&G
PETALING JAYA, Malaysia, Jan 3, 2023 – (ACN Newswire) – Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company's 51%-owned sub-subsidiary, Bintai Energy Sdn Bhd ("BESB"), has been awarded a series of subcontracts by Petro Flanges & Fittings Sdn Bhd (PFF) and various customers recommended by PFF, involving the supply of high-grade carbon steel/stainless steel piping, valves and piping accessories to various oil and gas (O&G) businesses valued at RM4.0 million.
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The value of accumulated subcontracts secured through PFF in which BESB is the identified special purpose vehicle for the supply of materials to the O&G industry is now RM12.9 million. PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.
In a separate announcement, the Company is also pleased to note that BESB has received approved licenses as dealers of instrumentation cables and general cables in relation to power and control from Petronas. The licenses are effective from 11 August 2022 to 10 August 2025.
Bintai Kinden also announced that BESB is partnering Puncak Logam Sdn Bhd (PLSB), whose principal business is the trading and marketing of goods, to ensure faster delivery time of products to clients through storing its products, which includes pipe, fittings, flanges, gaskets, stud bolts and structure materials and any other goods in PLSB's facility while enabling PLSB to source for purchasers in Malaysia for these products.
En. Azri Azerai, Executive Director of Bintai Kinden said, "The latest award of subcontracts to BESB is part of the partnerships and tie-ups we are pursuing to grow our O&G-related business. This includes seeking opportunities and partnerships with companies that share the same vision as Bintai Kinden, in Southeast Asia. We are now expanding into Indonesia through a local partner in the country. We are also delighted with the award of the licenses by Petronas enabling us to supply products and services to O&G businesses in Malaysia. This will certainly be a boost to our O&G arm."
En. Nuraiman bin Shaiful Annuar, Director of Bintai Energy said, "The partnership with PLSB is strategic to the growth of our O&G-related business because we believe logistics will be important in the supply-chain. It will ensure that products get to clients faster and also at the same time, PLSB will help us to market the products in Malaysia."
En. Amli Mohamed Amin, Managing Director of PLSB said, "Our partnership with BESB ensures that there are always an inventory of O&G products on-hand that can be shipped out to clients. Given the uncertainties related to the global supply chain, our facility offers a stock of ready supply while at the same time, we can help market these products through our network of clients."
Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/
Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Surayyah Ahmad on Greater Participation for Nigerian Women in Tech
ABUJA, NG, Jan 2, 2023 – (ACN Newswire) – Surayyah Ahmad, Ethco Group Ltd co-founder and Executive Secretary of Startup AREWA has discussed the underrepresentation of Nigerian women in the tech industry, and women's effective participation and equal opportunities for leadership at all levels of decision-making in the tech ecosystem. She identified several important elements that can raise women's involvement in technology and help the nation achieve a balanced workforce.
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"Studies from all across the world are showing that women are underrepresented in the tech industry, despite recent headlines concentrating on tech hiring sprees and the underrepresentation of diverse populations. Although the reasons for this differ, it is known that many people's decision to seek a career in technology dates back to their elementary school years," she says.
Women hold only 18% of undergraduate computer science degrees and 26% of computing occupations, according to the Bureau of Labor Statistics (BLS). Since the 1990s, there has been a decrease in the proportion of women working in computer science-related fields, from 35% to 26% between 1990 and 2013. According to the United Nations, only one in five experts in technical disciplines like artificial intelligence are women.
Only 16% of females at the pre-university level have had tech occupations recommended to them, and only 3% of them originally planned to pursue careers in technology, according to a recent report by Price Waterhouse Coppers (PwC) survey on women in technology. This figure is less in conservative regions such as Northern Nigeria, which, according to a World Bank report, could take more than 40 years to catch up with the country's southern region.
Regardless of the disparity in accessing opportunities, women are starting to develop ideas and lead change through technology in their immediate contexts, despite the disparities in access. Things are gradually changing as more young women become interested in technology. Despite the underrepresentation of women in the tech industry globally, women have demonstrated a remarkable capacity to advance society, such as by reviving small and medium-sized businesses in Nigeria.
Surayyah cited two sisters in Nigeria as an example of this achievement of women in technology. The sisters took the initiative to create an app, which would provide technical support to micro, small, and medium-sized businesses. According to the sisters, Kesandu and Dumebi Nwokolo, the app is intended to assist budding entrepreneurs and serve as a stepping stone that will increase visibility and ostensibly display these abilities, goods and services to the world.
Ms. Odunayo Eweniyi, the Co-founder of Piggy Vest, has opined that in Africa, the normative beliefs that put women in subordination to men as a culture while encouraging patriarchy have put women on the sidelines of critical decision-making around the world. She says, "The lack of women in tech can't be explained away by innate biological differences. It is really down to a combination of systemic bias, men funding men, and a working culture that excludes women."
Surayyah states that more women from Northern Nigeria are coming up with programs to help Northern women get into tech. Start-up Kano run by Aisha Tofa, the Brief Academy run by Farida Yahya, and TTlabs are currently some of the female-led institutions driving the inclusion of northern women in technology, mostly by providing mentoring and sponsorship to technology institutions.
Giving girls early access to technology is a good start, but it's never too late to give women the chance to get the experience they need to start a career in technology. Organizations can create valuable technical talent development programs that promote women and help diversity in representation and ideas, which frequently results in even greater innovation.
"Through job shadowing or internships, these programs give women a chance to learn technical skills that they can use in real life. Participants can learn useful information and meet other people who are interested in the same things they are. Even the experience gained can help develop their talents and launch a technological career," Surayyah said.
About Startup AREWA
Startup AREWA was established to organize, empower and promote the Northern Nigeria technology and Startup Ecosystem, with the overarching goal of using technology and startups as a strategy to combat unemployment and poverty across the Northern Nigeria.
From the first Bootcamp at Bello Memorial Foundation Hall in Kaduna to a series of over 20 Bootcamps across Northern Nigeria, engaging over 5000 Startups with support from innovators and public-private leaders, Startup AREWA is implementing its strategic plan of promoting and providing real-time support to Startups.
Official website: https://startuparewa.ng
Facebook: https://facebook.com/startuparewa
Twitter: https://twitter.com/startuparewa
Instagram: https://www.instagram.com/startuparewa/
Email: hello@startuparewa.ng
For more information, please visit https://startuparewa.ng, write to contact@startuparewa.ng, or call us on +234 90 9685 9999.
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