InfoComm Asia 2024 “Asia’s International Pro AV Exhibition” Returns to Thailand

BANGKOK, May 10, 2024 – (ACN Newswire) – The 4th edition of InfoComm Asia—Asia’s International Pro AV Exhibition –returns to Bangkok with an estimated 180 exhibiting companies featuring 280 brands from over 15 countries, spread across 16,905 sqm in three halls signifying a 40% overall growth compared to the 2023 edition. Country representation includes Australia, China, India, Japan, Singapore, South Korea, Thailand, the United States, and more including 74 first-time exhibitors, highlighting the show’s appeal to emerging players and start-ups alongside major global industry names. InfoComm Asia 2024 will take place 17-19th July 2024 at Queen Sirikit National Convention Center (QSNCC). Registration is now open for all professionals and businesses looking to enhance their Pro AV experience and understanding.

InfoComm Asia – visitors watching product demonstration of latest digital signage technology

Solution-seekers ranging from corporate to governmental organizations, educational institutions to entertainment venues and service providers will experience first-hand the cutting-edge Pro AV technologies and solutions by familiar big names like Barco, Christie, Crestron, Jabra, Fujifilm, Leyard, Lumens Digital, Sennheiser, Shure and explore fresh technological capabilities by brands and organizations such as Asukanet (holographic display), Neat (smart meeting solutions), Philips (Advanced Colour ePaper display), Institute for Information Industry (digital signage) and more.

Visitors can discover a plethora of solutions including the latest in digital signage, to intelligent video conference systems, to artificial intelligence (AI) in LED virtual production, to naked eye 3D displays, smart classroom solutions, interactive immersive projection mapping and more.

More than just an exhibition, the 2024 InfoComm Asia Summit (held concurrently with the exposition) will feature 42 free-to-attend seminars. A glimpse of the exciting lineup of sessions includes a kick-off overview “Navigating The Future: Strategic Insights into the Pro-AV Asian Market in the Next 3-5 Years” led by AVIXA CEO Dave Labuskes, “The Future of Hybrid Events in Asia” exploring Pro AV application for live events, as well as industry-focused sessions dedicated to retail, hospitality, and education sectors like “Future Restaurants 2030”, “The Future of Hybrid Learning Environments”, which explores real-world strategies using AI, VR, and digital platforms for immersive experiences.

“Hosting leading Pro AV events globally in collaboration with AVIXA uniquely provides InfoComm Asia the connections and insights of emerging technologies and opportunities across the world,” said June Ko, InfoComm Asia Executive Director. “We are excited to bring all this knowledge and technology to Asia and Southeast Asia to further uplift the industries.

Finally, InfoComm Asia 2024 expands with exciting new offerings that includes a dedicated summit track covering the fast-growing Esports market in the “The Integration of Advanced Pro AV in Esports Arena”, plus specially curated Tech Tours ranging from introductory overviews for first-time visitors to specialized tours who those seeking industry-specific solutions for those in the Invited Guests program. Visitors can also participate in business match-making as well as other specially designed experiential events.

InfoComm Asia – visitors attending a specialized workshop conducted at one of participating exhibitor’s booth on the show floor

For full information including exhibitors, products, seminars, registration and last remaining sponsorship opportunities, visit infocomm-asia.com.

To access past edition show photos, press info, please go to Digital Press Office Kit

For more information, please contact:

Rest of the World
Angie Eng
InfoCommAsia Pte Ltd
angieeng@infocommasia.com

Thailand
Kanokwan Sukchaisri
kanokwan.infocommasia@expointer.net

BLUETTI Unlocks Special Mother’s Day Offerings, Perfect Gift Ideas for Moms

SYDNEY, AU, May 10, 2024 – (ACN Newswire) – As Mother’s Day 2024 approaches on May 12, BLUETTI, a leading provider of clean energy storage solutions, announces its exclusive Mother’s Day celebration. From May 10-22, BLUETTI will be offering special discounts on its solar generators and power solutions, providing the perfect gift ideas for mothers and mother-like figures.

Create Unforgettable Moments with BLUETTI’s Portable Power Stations

While jewelry and handbags are thoughtful gifts, nothing compares to the gift of shared experiences. Whether it’s a family gathering, backyard barbecue, camping, or a road trip, BLUETTI’s portable power stations, such as the AC180, EB200P, and EB series, make every moment memorable.The AC180 packs a punch with 1,800W of power, capable of charging grills, speakers, music players, and lights during outdoor gatherings. Equipped with 9 versatile outlets, it ensures everything stays powered, all while operating quietly and emission-free.

Meanwhile, the EB200P delivers 2,000W of power, perfect for camping trips, beach parties, and overlanding adventures. For smaller power needs, such as charging a few mid-sized devices like mini cookers and fridges, the EB55 and EB70 offer excellent power and portability. They are easy to carry and equipped with safety features for worry-free use.

Present Security with BLUETTI’s Reliable Home Battery Systems

Caring for Mom extends beyond just one day. BLUETTI’s AC500 home battery systems provide ongoing peace of mind with their responsive UPS function, ensuring seamless power backup during outages.

Additionally, these systems offer a personalized gift for moms, as their capacity is customizable from 3,072Wh to 18,432Wh with the B300S expansion battery. A basic AC500+B300S setup can deliver 5,000W of power to essential household appliances for hours on end. Moreover, with support for up to 3000W of solar charging, moms can reduce energy bills and minimize their environmental impact.

To celebrate Mother’s Day, BLUETTI is also adding exciting surprises, including a spin wheel for a chance to win fantastic gifts. Everyone is invited to participate and seize these exclusive BLUETTI Mother’s Day deals.

About BLUETTI

Dedicated to a sustainable future, BLUETTI provides affordable green energy storage solutions for both indoor and outdoor use. Through initiatives like the LAAF (Lighting An African Family) program, BLUETTI has empowered over 100,000 African families in off-grid regions. With a commitment to innovation and customer satisfaction, BLUETTI has established itself as a trusted industry leader across more than 100 countries worldwide.

CONTACT:
Name: Tara Fu
Email Address: tara@bluetti.com

SOURCE: Bluetti Power Inc.

Xtep Announces Strategic Divestiture of K-Swiss and Palladium and Enhanced Financial Structure

HONG KONG, May 9, 2024 – (ACN Newswire) – Leading PRC-based professional sportswear enterprise Xtep International Holdings Limited (the “Company”, together with its subsidiaries, the “Group” or “Xtep”) (Stock code: 1368.HK) today announced the strategic divestiture of its wholly owned subsidiary KP Global Investment Limited (“KP Global”), which owns the K-Swiss and Palladium brands, as well as a series of financing instrument restructuring exercises aimed at optimizing its portfolio and strengthening its core business operations.

Strategic Divestiture and Privatization of Underperforming Assets

Xtep has entered into a definitive agreement with its controlling shareholder Ding Shui Po and his family for the sale and privatization of KP Global. The transaction, valued at US$151 million, is based on the book value of KP Global as at 31 March 2024. This move is designed to carve out the consistently underperforming segment from Xtep’s portfolio, allowing the Company to concentrate its resources on developing its highly profitable brands – core Xtep brand, Saucony, and Merrell.

Mr. Ding Shui Po, Chairman and Chief Executive Officer of Xtep International Holdings Limited, commented, “The decision to divest and privatize the KP Global followed an exhaustive review of our business strategy and financial objectives. After acquiring the KP Global for US$260 million in mid-2019, we faced three years of pandemic-related disruptions and an economic slowdown in China, which led to reduced consumer spending and adversely affected the KP Global’s performance. This strategic divestiture will eliminate the ongoing impact on Xtep’s profitability and cash flows attributable to the loss incurred by the KP Global. It is also designed to enhance shareholder value, coupled with a proposed special cash dividend distribution of US$151 million, pending shareholder approval at the forthcoming Extraordinary General Meeting.”

Enhanced Financial Structure and Future Growth Prospects

In conjunction with the divestiture, Xtep has negotiated a supportive arrangement with Hillhouse Capital (“Hillhouse”). This includes the redemption of a US$65 million convertible bond issued by KP Global to Hillhouse in 2021, and the issuance of a new, 6-year HK$500 million convertible bond by Xtep at an annual coupon rate of 3.5% with a conversion price of HK$5.5 per share to Hillhouse. Additionally, Hillhouse will retain an option to repurchase 20% of KP Global’s shares for US$65 million within the next five years, reflecting its confidence in the future potential of the brands under private ownership.

To streamline the financial arrangement, KP Global will issue an 8-year convertible bond valued at US$154 million to Xtep. This bond corresponds to KP Global’s total accumulated losses since the acquisition in 2019 combined with the value of the capital investment and working capital as of the end of March 2024. It features an annual interest rate of 3.5%, which is consistent with the rate that Xtep offered to Hillhouse. Xtep is granted the right, over the next eight years, to convert this bond into a 30% equity stake in KP Global.

These financial maneuvers are structured to stabilize Xtep’s financial health by optimizing debt structure and strategically allocating capital towards profitable growth opportunities. The restructuring will pave the way for KP Global’s potential success as a private entity, while still allowing Xtep and its shareholders to benefit indirectly from future successes.

Unlocking Value and Focusing on Core Strengths of the Professional Sports Segment

The special dividend coupled with Xtep’s strategic reorientation deliver immediate financial benefits to shareholders and sets the stage for sustained profitability and growth. The restructuring will also lead to an elimination of losses incurred by KP Global at Xtep, with an expected improvement in profitability over the next two years and beyond. The business structure will be streamlined, focusing on running: the core Xtep brand targets the mass market; Saucony caters to the high-end sophisticated customers; and Merrell specializes in trail running and outdoor activities, enhancing synergy among these brands.

Besides, the strong cash flows generated by the core Xtep brand will support the future development of both Saucony and Merrell. Additionally, if KP Global achieves success and manages to go public independently, shareholders of Xtep will benefit from KP Global’s achievements.

“We are confident that these decisive actions will streamline our operations, enhance our profitability, and create a stronger, more focused Xtep. We are laying the groundwork not just for recovery but for a new phase of dynamic growth,” added Mr. Ding.

About Xtep International Holdings Limited

Xtep International Holdings Limited (SEHK stock code: 1368) is a leading multi-brand sportswear company listed on the Main Board of the Hong Kong Stock Exchange in 2008. The Group principally engages in the design, development, manufacturing, sales, marketing and brand management of sports products covering footwear, apparel and accessories for adults and children. With a diverse brand portfolio encompassing the core Xtep brand, K-SWISS, Palladium, Saucony and Merrell to strategically target the mass market, athleisure and professional sports segments, the Group has an extensive global distribution network and more than 8,500 stores in Asia-Pacific, North America and EMEA.

Xtep is a constituent of the MSCI China Small Cap Index and Hang Seng Composite Index Series, and is an eligible stock under the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit Xtep’s corporate website: http://www.xtep.com.hk or scan the Group’s Wechat QR code.

Malaysian Retail Sector Sees a 173% Growth in Hiring: foundit Insights Tracker

KUALA LUMPUR, May 9, 2024 – (ACN Newswire) – foundit (formerly Monster APAC & ME), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for March 2024, formerly published as Monster Employment Index (MEI). According to the tracker, e-recruitment in Malaysia has grown impressively by 8% over the past year.

Additionally, the tracker recorded a 5% increase over the past six months, with the index rising to 84 in March 2024 from 78 in March 2023. The tracker showed a slight increase month over month, with an index of 83 in February. These encouraging figures imply that the labour market is improving gradually but steadily and that demand for online jobs will continue to increase in the upcoming months.

Commenting on Malaysia’s job trends for March 2024, Sekhar Garisa, CEO, foundit, said, “The job market in Malaysia has displayed remarkable resilience, showing consistent growth over the past year, reflecting a positive shift in the labour market. The job seekers community of Malaysia have also shown an affinity towards choosing job roles that align with social and environmental values. The retail sector also witnessed substantial growth in hiring for green job role particularly looking for individuals with specialised, high-demand skill sets. With this in mind, it is imperative that job seekers stay up-to-date with industry requirements and focus on building skills that are in demand.”

Retail Sector Top the Charts, while Oil & Gas and BFSI Industries Witness a Drop in Hiring Activity

The fit reveals that the Retail industry continued to dominate the job market in March 2024, with a YoY increase of 173%. The industry’s increased adoption of sustainable solutions has been key in driving hiring demand. Further, the growth is largely seen in e-commerce fuelled by the increasing consumer inclination toward online shopping and the positive impact of tourism-related activities. Engineering, Construction, and Real Estate and Hospitality industries saw a YoY increase in hiring demand in March 2024 with a 76% rise in hiring in the construction and real estate sector, driven by an uptick in warehousing, industrial needs, and the suitable business environment. While the hospitality sector saw a 75% increase driven by the strategic collaborations within the airline sector.

Among others, Logistic, Courier/Freight/Transportation, Shipping/Marine (+75%) demonstrated exceptional growth, with a noteworthy 56% increase over the last six months. Similarly, Advertising, Market Research, Public Relations, Media and Entertainment (+33%) sector along with IT, Telecom/ISP, BPO/ITES (+11%) sector saw a double-digit annual increase in hiring. The latter sector saw a significant upturn, noticing a 12% increase over the last month. The Oil and Gas (-16%) and BFSI (-10%) sectors were the only sectors to mark a subsequent drop annually. However, both sectors rebounded with impressive growth of 5% and 18% respectively over the last month.

Engineering/Production, Real Estate, and Sales & Business Development Lead the Way in Hiring Trends

In terms of functional roles, Engineering/Production and Real Estate saw the most significant demand in March’24 with a growth of 73% YoY, followed by Sales & Business Development, which registered a consecutive uptick in hiring demand of 66% YoY. The Marketing & Communications job roles (particularly, in the retail sector) also saw an increase in hiring employees with skills around content and data analytics, showcasing growth of 59% YoY. With the opening of various manufacturing facilities across Malaysia, the demand for engineering graduates would increase. As the migrant crisis in the country rises, commercial housing requirements would provide employment to many.

Furthermore, HR & Admin (+42%) roles saw substantial gains annually, driven by extensive training and development initiatives within organizations. Also, Software, Hardware & Telecom (+14%), Purchase/ Logistics/ Supply Chain (+10%) and Customer Service (+5%) roles registered an increase in hiring demand annually in March’24. While the latter saw a significant drop of 16% over the last month. Annual data for March 2024 indicates a notable decline in Hospitality & Travel (-11%) and Finance & Accounts (-3%) positions. This drop is attributed to shifting demands for novel roles across various sectors.

The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide.  

Period for the report 

The period considered for the foundit Insights Tracker (fit) data is March 2023 vs March 2024

About foundit – APAC & Middle East 

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users across 18 countries in finding jobs, upskilling, and connecting with the right opportunities. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches, and precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

Contact:  
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Solar & Storage Live Philippines Leading Sustainability And Innovation In The Philippines Energy Sector

MANILA, May 9, 2024 – (ACN Newswire) – The Philippines takes a momentous stride towards a greener and more sustainable future as the 10th anniversary edition of Solar & Storage Live Philippines 2024, the country’s largest event in renewable energy, kicks off its much-anticipated showcase. Held on 20 and 21 May, the free-to-attend expo and conference brings together industry leaders, developers, policymakers, technology experts, solution providers, investors, and innovators under one roof to catalyze the expansion of solar and storage technologies and projects in the Philippines.

Amidst the global call for urgent action against climate change, the Philippines stands at the forefront of renewable energy adoption, harnessing its abundant natural resources to power a sustainable tomorrow. Solar & Storage Live Philippines 2024 serves as a testament to the nation’s commitment to embracing clean energy solutions and driving innovation in the energy sector.

Paul Clark, Managing Director at Terrapinn Pte Ltd said, “This year’s Solar & Storage Live Philippines will be our biggest and best ever – over 12,000 energy professionals will walk our expanded expo floor (across 2 levels), which will showcase the latest advancements in solar and storage technologies, enjoy dynamic sessions across 5 theatres, participate in interactive workshops in our Solar Installer University and play their part in helping the Philippines achieve its energy ambitions. Quite simply, it’s the place to be on 20-21 May in Manila!”

Key highlights of Solar & Storage Live Philippines 2024 include:

300+ exhibitors showcasing cutting edge technologies and demonstrating the latest innovations in solar panels, energy storage systems, smart grids, and renewable energy integration solutions that are revolutionizing the way we generate, distribute, and consume electricity.
120+ speakers covering the latest and most pressing topics on Large Scale Solar, Commercial & Industrial Rooftop Solar, Residential Rooftop Solar, Rural Electrification, T&D/Grid, Energy Storage & Batteries and EVs & EV Infrastructure across 5 theatres.
Policy and regulation updates on the regulations and policy frameworks shaping the renewable energy market in the Philippines.
Investors, financiers, and project developers offering practical advice on how to get projects off-the-ground and properly funded.
Practical workshop sessions offering tips and tricks for aspiring or existing Solar Installers across 2 days.

Solar & Storage Live Philippines 2024 is a must-attend event for anyone serious about helping the Philippines power its future energy ambitions.

For more information and to register for the event, please visit https://www.terrapinn.com/solarstoragelivephpr

About Solar & Storage Live Philippines

Solar & Storage Live Philippines is the leading event dedicated to advancing the adoption of solar and energy storage technologies in the Philippines. Organized annually, the event brings together industry stakeholders, policymakers, investors, and innovators to exchange ideas, share best practices, and drive collaboration towards a sustainable energy future.

About Terrapinn

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.â€¯â€¯ https://www.terrapinn.com/

Press attendance is complimentary.

Enquiries should be directed to:
Christine Lee
Marketing Director – Asia
Terrapinn Pte Ltd
christine.lee@terrapinn.com

Saakuru and Blockpass Partner for Compliance in the Best Economic Opportunities Web3 Offers

HONG KONG, May 9, 2024 – (ACN Newswire) – Blockpass and Saakuru are excited to reveal their new partnership, which sees the two-layer Web3 solution benefit from Blockpass’ proprietary verification services, allowing Saakuru’s users to engage with its revolutionary, frictionless blockchain and developer suite in a safe, regulated manner.

Saakuru is a consumer-centric layer-2 protocol with zero transaction fees, powered by $SKR. The platform is enhanced with the Saakuru Developer Suite which enables apps to be embedding Web3 solutions in as little as a single day. These innovative developments enable users to benefit from all the benefits of Web3 without the transaction fees and UX limitations that typically plague an ecosystem. With public-permissioned gas-less L2 blockchain boasting no transaction fees, and a comprehensive developer suite that includes token contract tools and embedded wallets, Saakuru facilitates a seamless and cost-effective transition from Web2 for developers and newcomers alike.

Blockpass, known as “Web3’s OG Identity Verifier,” has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.

“As the cryptocurrency landscape becomes increasingly regulated, leveraging Blockpass’ verification solutions is crucial for maintaining compliance and ensuring the integrity of our platform. Utilizing Blockpass for developer verification within the Saakuru Protocol is essential not only for securing our ecosystem but also for maintaining transparency. This partnership underscores our commitment to building a reliable and government-friendly platform by adhering to necessary regulations and minimizing the risk of scams in public permissionless blockchains. Soon, the Blockpass solution will be integrated into Saakuru’s self-service portal, ensuring that each company and developer is thoroughly reviewed before they are allowed to launch products on our platform.” said Jack Vinijtrongjit, CEO of Saakuru Labs.

“Saakuru are tackling some of the key issues with the world’s transition to Web3 and we’re delighted to be able to provide our regulatory services to ensure both Saakuru and its users are protected by comprehensive, seamless and fast verification.” said Adam Vaziri, Blockpass CEO. “Saakuru understands the importance of compliance and the central truth that verifiable identities are the core to enabling a future where everyone can interact and exchange in a trusted environment.”

Through this integration, people looking to engage with the economic opportunities that crypto, blockchain and Web3 bring can do so in a manner that is not only safe from malicious actors, but faster, simpler and more user-friendly than other solutions may provide, ensuring that the widest audience can benefit from the potential it brings.

About Blockpass

Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC BotTM for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYCTM to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team:
Website: http://www.blockpass.org
Email: sales@blockpass.org

About Saakuru

Saakuru is a consumer-centric L2 Protocol with Zero Transaction Fees enhanced with Saakuru Developer Suite that enables embedding complex digital products to Web3 in 1 day. The powerful and developer-friendly product suite centered around the Saakuru blockchain allows cost-efficient and seamless connectivity from Web2 to Web3.

Saakuru’s ultra-fast block time allows developers to seamlessly run on-chain applications, like MMORPG games, delivering an authentic multiplayer experience. Furthermore, it enhances the user experience by entirely removing gas fees, making it especially user-friendly for those new to Web3.

Learn more about Saakuru Protocol & Token here:
Website: https://saakuru.com
Litepaper: https://source.saakuru.com
Twitter: https://twitter.com/saakuru_labs
Explorer: https://explorer.saakuru.network
Telegram: https://t.me/aagventures

SMC Announces LOI to Acquire Chaintrade LTD.

Boca Raton, FL, May 9, 2024 – (ACN Newswire) – SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE), an incubator company focused on acquisition and support of commercialized financial services and technology (Fintech) companies, is excited to announce they have signed an LOI to acquire Chaintrade LTD, an AI Fintech company. Chaintrade has developed an AI Powered Asset Trading Platform that allows users to trade any Equity, ETF, Commodity, and Index with the support of a personalized AI Powered trading assistant SMC has agreed to acquire the platform and looks forward to completing the necessary due diligence to close this acquisition quickly as the platform is ready for commercial launch.

Chaintrade is a joint Venture between Plato Data Intelligence and Redmatter.Capital. and was built to revolutionize trading and investing by leveraging AI’s predictive capabilities while improving risk management and asset allocation, ensuring more personalized investment strategies. Chaintrade’s portfolio management utilizes AI to evaluate assets within a portfolio.

“We look forward to closing the acquisition of Chaintrade, once completed we will have a fully functioning model to deploy.” quoted Erik Blum, Chairman & CEO of SMC “This acquisition will advance our infrastructure and technology tremendously. SMC can now shift from conception to application and full implementation of our SaaS vision. After closing we plan on re-branding our AI component, as FYNN AI. We look forward to introducing FYNN as a new, next generation learning and research AI designed to help you trade smarter. We will continue to update shareholders as things develop.”

Prem Couture / Founder of Redmatter Capital: “Our AI analyzes performance, investor sentiment, fair value, and risk factors to provide personal insights enabling informed decisions and optimized portfolio performance. We have spent the last 3 years building our infrastructure around faciliting both OnChain and Offchain transactions in a highly secured environment.”

Bryan Feinberg, Founder of Plato Data Intelligence: “As the underlying technologies we are developing continue to evolve, we can play in making AI more accessible to everyone, especially across emerging markets.”

About SMC

SMC is a versatile holding company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies. SMC’s multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. https://smceinc.com

About Chaintrade

Chaintrade LTD is a UK Registered Entity and is affiliated with Red Matter Capital LTD a registered financial service company, with its subsidiary licensed under a securities trading license granted by the Montenegro Capital Market Authority (CMA) Authorized by the law on capital markets by the government of Montenegro. https://chaintrade.ai

Press Release Contact:
Erik Blum
CEO
SMC Entertainment, Inc.
360-820-5973

Safe Harbor Statement
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third-party. Therefore, in no case whatsoever will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

Vinmec’s Innovations Spotlighted at Global CSR & ESG Summit 2024

HANOI, Vietnam, May 9, 2024 – (ACN Newswire) – The 16th Annual Global CSR & ESG Summit & Awards 2024 was held on April 25 in Hanoi, Vietnam. The event showcased tremarkable strides in corporate social responsibility (CSR) and environmental, social, and governance (ESG) initiatives, and featured some of the most outstanding achievements by enterprises and organizations in this regard.

Vietnam’s Vinmec Healthcare System received platinum awards for Best Community Program, Best Workplace Practices, Empowerment of Women, and Best Country Excellence in Vietnam in the US$1 billion and above market capitalization category.

Founded in 2012 to contribute to sustainable development in the Vietnamese healthcare sector by delivering high-quality medical services, Vinmec stands as a beacon of academic healthcare, dedicated to shaping the global healthcare narrative through innovative research, groundbreaking discoveries, and a steadfast commitment to clinical excellence and value-based care solutions.

In an interview with ACN Newswire, Vinmec CEO Le Thuy Anh discusses the company’s visionary objectives and operational aspirations, and how, amid an era marked by pressing healthcare challenges, the company’s resilience, foresight, and unwavering dedication are helping transcend geographical boundaries by creating a sustainable healthcare ecosystem.

ACN: Can you share with us the vision and mission of Vinmec, particularly its dedication to academic healthcare for people at local and global scales?

Le Thuy Anh: Vinmec’s vision revolves around addressing critical healthcare challenges nationally and globally, especially in light of the transition from communicable to non-communicable diseases and an aging population. Vinmec is pioneering as an agent of change based on a model of academic medicine with three pillars: excellence in clinical programs; innovative research; and medical education. Aligning with this vision, Vinmec’s mission is caring with compassion, professionalism, and wisdom based on the core values of C.A.R.E (Creativity, Accountability, Reliability, Excellence). Based on this, we aim to contribute significantly to sustainable healthcare development by delivering high-quality medical services, focusing on academic healthcare through innovative research and clinical excellence.

ACN: How does Vinmec approach innovation, research, and breakthroughs to achieve clinical excellence?

Le Thuy Anh: Our approach to innovation and research is integral to achieving clinical excellence. We invest significantly in research and technology transfer, operate research institutes like Vinmec Research Institute of Stem Cells and Gene Technology (VRISG) for stem cell therapies, and the Hi-tech Center for groundbreaking trials.

VRISG is a pioneering research institute specializing in stem cell therapies for a range of rare diseases and is also the first to utilize CAR-T cell therapy for leukemia treatment in Vietnam. Vinmec’s Hi-tech Center has achieved significant milestones, including conducting large-scale clinical trials for COVID-19 vaccines, successful international clinical trials on the efficacy of new cancer drugs, and becoming a reference laboratory for renowned medical partners like AstraZeneca.

Our emphasis on cutting-edgeinnovative applications like 3D printing and robotic surgery ensures clinical excellence and value-based solutions for our patients.

ACN: Creativity is highlighted as a core value of Vinmec. Can you provide examples of how the organization fosters continuous innovation to offer patients the best solutions?

Le Thuy Anh: Creativity drives our long-term development and breakthroughs, evident in our research findings turned into clinical trials like Car-T cell therapy for leukemia and stem cell transplantation in the treatment of autism and cerebral palsy, to name a few.

We empower our doctors with modern techniques and equipment through many training and clinical observership programs in the developed countries of medicine. We continuously innovate in workplace practices through initiatives like the Creativity Subcommittee, Kaizen, PDSA, and lean operations fostering a culture of excellence and implementing ideas that enhance quality and customer experience at all levels.

ACN: Accountability is crucial in healthcare. How does Vinmec ensure the highest level of accountability to patients and their families in terms of care ethics, skills, knowledge, and professional standards?

Le Thuy Anh: We ensure accountability through JCI accreditation, rigorous safety programs, and continuous training for our staff. Vinmec is the first and only healthcare system in Vietnam having two hospitals accredited by Joint Commission International (JCI) – the world’s most rigorous standards in hospital quality and patient safety.

Our focus on patient safety, through programs like Daily Safety Huddles where we hold a brief meeting in the morning between specialties, heads of departments, and other stakeholders to discuss clinical issues of patients; and the SpeakupSpeak up for every clinical staff to share and point out the patient’s risks reflects our commitment to the highest professional standards and ethics in delivering healthcare services.

Vinmec’s people play a key role in delivering the highest quality levels of healthcare, so we focus on continuous training and the well-being of the staff. As the first and only private academic healthcare model in Vietnam, excellence through persistent and personalized education is decisive for all Vinmecers, leading to delivering best practices.

ACN: Reliability is emphasized as a core value of Vinmec. How does the organization demonstrate its commitment to being the most reliable healthcare provider to the community?

Le Thuy Anh: Our commitment to reliability is evident through community initiatives, financial support for patients, and our response to healthcare crises like COVID-19.

Throughout 12the 12 years since its establishment, Vinmec has been entirely engaged in building a sustainable community.

Our business goals are always set in parallel with the benefits for the community at large. Thus, Vinmec is the only private healthcare system pursuing the model of a “not-for-profit” and value-based healthcare model in operation in Vietnam.

Vinmec’s contributions to the community are presented through community free health screening for over 15,000 people (in the past 5 years), financial support of VND300 billion annually for patients, medical education, and technology transfer for peer hospital and provincial hospitals.

Last but not least, Vinmec strongly responsed to Vingroup’s fight against COVID-19, making significant contributions in terms of human and material resources.

ACN: Excellence is a fundamental value for Vinmec. Could you discuss the organization’s approach to pursuing the highest service quality and implementing the best healthcare practices?

Le Thuy Anh: Pursuing excellence is at the core of our operations, seen through strategic partnerships, international accreditations, and Centers of Excellence for various disease groups.

Vinmec’s strategic partnerships with industry leaders like Cleveland Clinic and GE Healthcare have facilitated continuous improvement in service quality by leveraging advanced techniques and expertise. Over 12 years, Vinmec has received numerous international awards and accreditations, establishing Centers of Excellence (CoE) in critical areas like Cardiology, Orthopedics, Oncology, and Immunology, recognized globally for their cutting-edgeinnovative technology and specialist teams. Notably, the COE for Cardiology of Vinmec Times City International Hospital and Vinmec Central Park International Hospital were honored by the American College of Cardiology as the first centers of excellence in Asia.

Our focus on optimized treatment efficiency and outstanding service quality, along with continuous learning and improvement, ensures the best value-based solutions for our patients.

ACN: How does Vinmec ensure that compassion, professionalism, and wisdom are integrated into its care delivery model and reflected in the patient’s experience?

Le Thuy Anh: We take our responsibility extremely seriously and are committed to our mission of providing the utmost quality of care for our patients with professionalism, wisdom, and compassion. Our mission transcends the provision of healthcare services. It encompasses a commitment to nurturing a workplace where every member feels valued, respected, and motivated to excel.

At Vinmec, we believe in creating value not only for our patients but also for our people – the heart of our organization. This commitment is reflected profoundly in our workplace practices, where we strive to create an environment that not only fosters growth and recognition, but also integrates the core values of C.A.R.E (Creativity, Accountability, Reliability, Excellence) into every facet of our operations.

Our approach to workplace practices is holistic, focusing on the Total Rewards policies that motivate, develop, and nurture our employees. Holistic care extends through various stages of an employee’s journey, including recruitment, integration, promotion, training, and development. Meanwhile, Vinmec’s Comprehensive Care Program, “Vinmec Health & Wellbeing,” offers a holistic approach to employee wellness, encompassing mental and physical health, career development, and family and social connections. This initiative underscores Vinmec’s commitment to fostering a nurturing and supportive environment for all our staff, ensuring a well-rounded support system.

Our CARE culture forms the foundation of the Vinmec management framework. At Vinmec, we focus on value-based leadership, where our leaders exemplify the CARE principles in their daily actions. Vinmec has established a Cultural Framework with activities promoting the distinctive CARE culture. These activities are implemented deeply within the framework, following a planned timeline and themes for each quarter. The cultural activities have seen widespread and enthusiastic participation from members.

As a result, Vinmec is the first and only healthcare system in Vietnam that received the “Best Place to Work” award in 2023.

ACN: Looking ahead, what are the future plans and goals for Vinmec in terms of furthering its mission of academic healthcare and delivering excellence in patient care?

Le Thuy Anh: Our future plans include expanding our hospital network, treating rare diseases, promoting preventive medicine, and adopting advanced healthcare models. We aim to remain a factor of change and sustainability in Vietnamese medicine, delivering academic healthcare excellence and achieving international standards of care.

Vinmec has steadfastly pursued its vision of becoming Vietnam’s first academic private healthcare system, emphasizing creativity and innovation to address complex medical challenges and promote preventive medicine, patient engagement, and the adoption of P4 medicine (Predictive, Preventive, Personalized, Participatory).

The upcoming opening of two new Vinmec hospitals will expand its network to nine international hospitals nationwide, showcasing its ongoing commitment to excellence and attainment of world-class quality certificates.

About Vinmec

Vinmec is dedicated to academic healthcare for people at local and global scales through innovation research and breakthroughs that lead to clinical excellence and value-based care solutions. For more information visit, https://en.vinmec.com.

Media contact:
Tram Nguyen – Corporate Branding Specialist
v.tramnn17@vinmec.com

Formerra Achieves ISCC PLUS Certification Across U.S. Warehouses, Enhancing Sustainable Material Distribution

ROMEOVILLE, IL, May 8, 2024 – (ACN Newswire) – Formerra, a leader in performance materials distribution, proudly announces it has achieved ISCC PLUS certification for its U.S. legal entity, including nine of its distribution warehouses across the United States. This milestone marks a significant step in Formerra’s commitment to supporting the circular economy and bio-based materials, providing customers with greater access to sustainable solutions.

Formerra Achieves ISCC PLUS Certification Across U.S. Warehouses

The ISCC PLUS certification enables Formerra to handle and distribute ISCC-certified materials, meeting a growing demand among customers for environmentally responsible products. With this certification, Formerra assures its clients of the integrity of its sustainable materials, ensuring they adhere to strict sustainability standards to prevent greenwashing and provide quality and consistency identical to virgin fossil-based materials.

“Receiving ISCC PLUS certification reflects our ongoing dedication to sustainability and our ability to respond to our customers’ needs,” said Mike Balasko, Sustainability Director at Formerra. “Certifying nine warehouses across the U.S. allows us to get material closer to where our customers need it and provide just-in-time deliveries for customers requiring it.”

Formerra’s ISCC PLUS certification includes the mass balance approach, which allows suppliers to mix sustainable and fossil-based feedstocks while ensuring the final product represents a quantifiable sustainable content. This method is critical in many industries that want sustainability but do not want to sacrifice performance, quality, and consistency.

The certification process was audited by SCS Global Services, ensuring that Formerra’s processes and policies as well as its nine warehouses met the rigorous standards required for ISCC PLUS certification. This achievement underscores Formerra’s role as a pivotal partner for suppliers looking to innovate and grow with sustainable materials as well as processors seeking bio-based or recycled materials.

About Formerra

Formerra is a preeminent distributor of engineered materials, connecting the world’s leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways – driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.

Contact Information:
Jackie Morris
Marketing Communications Manager, Formerra
jackie.morris@formerra.com
+1 630-972-3144

SOURCE: Formerra

View the original press release on newswire.com.

Build4Asia and Retail Asia Conference & Expo Kick Off Today

HONG KONG, May 8, 2024 – (ACN Newswire) – Build4Asia and Retail Asia Conference & Expo (RACE) have officiallykicked off today at Hall 1BCDE of the Hong Kong Convention & Exhibition Centre, setting the stagefor knowledge exchange and solution sourcing within the building, security and retail industries.With resounding support from over 100 leading industry associations and media partners, theshows stand as a vibrant business hub where connections thrive and possibilities unfold,revolutionising the industries like never before.

This year, the three-day shows proudly feature over 1,100 exhibiting brands from around theworld, among which over 30% are new joiners. Their presence has added a layer of excitementand novelty to the show floor, bringing a wealth of creative ideas, diverse perspectives, andcutting-edge technologies to thousands of trade visitors.

Key Industry Players United at Grand Opening Ceremony

Under Secretary for Commerce and Economic Development Dr Bernard Chan, JP, graced the stageas our esteemed guest of honour at the joint opening ceremony, underscoring the significance ofB2B exhibitions in driving business connections and economic growth. Joined by governmentrepresentatives, market leaders, industry associations and media partners, the grand openingmarked the beginning of an exciting 3-day journey filled with collaborations, inspirations andopportunities.

“By uniting retail, security and building professionals, the shows will present intelligentretail technologies, building solutions and sustainable practices to achieve smart andgreen living goals. Through solution showcase and knowledge exchange, stakeholderswill be equipped with tools, insights and partnerships they need to excel in the retail orbuilt environment.” said Ms Janice Lee, Event Director —Build4Asia and Retail AsiaConference & Expo, Informa Markets.

Build4Asia Paves New Paths for Sustainable Construction

As the flagship event of the first day, Build4Asia Conference gathered over 100 governmentrepresentatives, leading companies, associations and industry professionals to delve into“Advancing E&M Engineering Practices for Future Buildings”. Our opening keynote speaker MrPoon Kwok-ying, Raymond, JP, Director of Electrical and Mechanical Services of the Electrical andMechanical Services Department delivered an empowering address, encouraging industry playersto embrace the potential of smarter buildings. Other distinguished speakers delved into keythemes, including AI application in building inspection, modelling and control, MiC and MiMEPdesign and manufacturing, among other pertinent topics.

The Build4Asia/ESG Asia Forum has filled the day with enlightening discussions and invaluableinsights. Representatives from authoritative organisations and companies such as the Hong KongAssociation of Energy Engineers, Asian Institute of Intelligent Buildings, GBA Carbon Neutrality Association, BEAM Society Limited, The ESG Consortium and more will gather this afternoon toshare the latest trends and successful practices in the building industry, as well as to explore waysto achieve sustainability across environmental, social, and governance (ESG) aspects.

In addition, Build4Asia 2024 collaborates with leading associations in the facility management andsecurity fields to present two new pavilions – IFMA Pavilion and Securitex Pavilion. Powered byInternational Facility Management Association Hong Kong Chapter, IFMA Pavilion presentstechnologies such as facility management software systems, IoT, AI and predictive analyticssolutions which will redefine the future of facility management. On day 2, the IFMA Integrate 2024Conference will take centre stage, convening over 1,000 delegates to explore sustainability effortswithin the architecture, engineering, and facilities management fields.

The Securitex Pavilion is comprised of five esteemed industry associations in the security sector,including the Chamber of Security Industry, the International Professional Security Association(Hong Kong), the Hong Kong Institute of Security, the Hong Kong Security Association, and theAsian Professional Security Association – Hong Kong Chapter, which collectively serve as theAdvisory Panel for the Asian Securitex Conference on day 2. With a shared commitment toadvancing Asia’s security industry, the pavilion brings together the latest trends and insights forpractitioners to navigate the rapidly evolving security landscape.

Build4Asia also partners with Halo Energy to introduce the EV Truck Fever Zone, a pioneeringshowcase at the forefront of sustainable transportation. Proudly unveiling the first-ever under5.5-ton e-truck and Japanese e-truck in Hong Kong, the zone allows visitors to explore thesecutting-edge vehicles up close, demonstrating the role of electric vehicles in sustainable mobilityand their impact on shaping a greener future.

RACE Unveils New Retail Concepts

As the all-time favourite discussion platform at RACE, the morning sessions in the Retail Tech &Experience Theatre drew an impressive crowd on Day 1, reflecting the retail industry’s ferventappetite for innovation and knowledge. Key retail associations such as the Hong Kong BrandsAssociation, Hong Kong Retail Technology Industry Association and the Chartered Institute ofMarketing (Hong Kong) grabbed the spotlight on the first day, offering profound insights intotopics like digital transformation, sustainability, and ESG Agenda in the retail Industry. The theatrewill present a more diverse line-up on day 2 and 3, featuring industry leaders such as Hong KongCyberport, Tencent Cloud, HKTV Mall, to name but a few.

In addition to insightful seminars, RACE also showcases its commitment to fostering industrycollaboration and innovation through introducing two new pavilions. The Cyberport Pavilion,presented by the Hong Kong Cyberport Management Company Limited, brings together aselection of promising start-ups and tech companies, which have made their debut at RACE toofficially enter the local retail market. From revolutionary technologies to ingenious businessmodels, these forward-thinkers offer visitors a first-hand glimpse into the future of the industry.As the demand for online shopping and immersive customer experiences continues to surge, thenew HKRTIA Pavilion emerges as a strategic response to this evolving retail landscape. Presentedby the Hong Kong Retail Technology Industry Association, this pavilion serves as an interactive Retail Experience Zone, presenting trendsetting products and solutions such as AI chatbots, SaaS,robotics, to empower industry professionals to stay ahead of the competition.

The Adventure Continues

Day 2 and 3 of Build4Asia and Retail Asia Conference & Expo will be filled with more excitingelements that promise not to disappoint. Visitors can look forward to a stellar line-up of engagingsessions, insightful business negotiations, and interactive experiences which are set to elevate theenergy and excitement of the expo to new heights.

The shows are open to trade professionals and media only and visitors must be aged 18 or above.

Download the photos of Day 1 of Build4Asia / Retail Asia Conference & Expo from here or https://drive.google.com/drive/folders/14F8QeBY3Z7E7klkLLeV7v3BfDT1APgOI?usp=sharing

For more information, please visit:

Build4Asia: www.build4asia.com

Retail Asia Conference & Expo: www.retailasiaexpo.com.

About Informa Markets

Informa Markets creates platforms for industries and specialist markets to trade, innovate andgrow. Our portfolio is comprised of more than 550 international B2B events and brands in marketsincluding Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion &Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We providecustomers and partners around the globe with opportunities to engage, experience and dobusiness through face-to-face exhibitions, specialist digital content and actionable data solutions.As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life,unlocking opportunities and helping them to thrive 365 days of the year. For more information,please visit www.informamarkets.com.

For media enquiries, please contact
Informa Markets
Mr Calvin Lau
E: calvin.lau@informa.com
T: +852 3752 8343

Strategic Public Relations Group (SPRG)
Mr. Andico Tsui
E: andico.tsui@sprg.com.hk
T: +852 2114 4346 / 6902 3831