Fast Offshore Supply Pte Ltd, Singapore signs a Memorandum of Understanding to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA

SINGAPORE, Dec 6, 2022 – (ACN Newswire) – Fast Offshore Supply Pte Ltd , Asia's largest offshore crew boat operator, has signed an MOU to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA for the FOS Fleet as part of FOS "Green Initiative and Sustainability Program" to cut vessel carbon emission. The ESS system will be a containerised version where it will have a "Plug and Play" connection to connect with the vessel's Electrical System. Terasaki Electric Co. will be providing the in-depth know-how to upgrade the existing vessel MSB and PMS for the vessel electrical system while SHIFT will provide their latest State-of-the-Art Marine Approved Batteries and operational software (OnWatch) for the FOS's ESS system. RINA will be reviewing the ESS systems and will provide the "Approval-in-principle".

"FOS's "Go Green Attitude" is absolutely amazing! The way they talk about decarbonisation and how to help the environment really thrilled us. With this project, and many to follow, we are determined to show our commitment to working towards a better, healthier, and sustainable environment. We are happy to work once again side by side with Shift Clean Energy and RINA to support FOSs "Green Initiative and Sustainability Program". Together, let us contribute to cleaner seas." – Mr Ryo Katsuki of Terasaki Electric Co. (F.E) Pte Ltd, https://www.terasaki.com.sg/

"We are thrilled to work with Terasaki, RINA and Fast Offshore Supply to electrify these advanced crew transfer vessels. It is a privilege to join forces with forward-thinking organizations and we know that this is only the beginning of an impactful and exciting project and wider mission to decarbonize the marine industry as a whole." – Mr Brent Perry, CEO and founder of Shift Clean Solution.

"The shipping industry faces unprecedented challenges as environmental regulations tighten. RINA is honoured to work with like-minded partners, FOS, Terasaki and Shift Clean Solution in providing a solution to comply with the regulations and contribute to reduction of carbon emission in shipping We are excited to be part of the MOU to create a sustainable future for the benefit of all maritime stakeholders and the environment." – Mr Simone Manca, Regional Senior Director, Asia, of RINA.

About Fast Offshore Supply Pte Ltd

Fast Offshore Supply (FOS) is a Singapore-based company that designs and manufactures, as well as owns and operates one of Asia's most advanced fleets of Fast Multi-purpose Supply Vessels (FMSV). Fast Offshore Supply provides the marine industry with fast, efficient and comfortable transportation of passengers (both seated and in-cabin) with its 'Master of the Sea' vessels in Fast Cargo Transfer, Fast Passenger Transfer, Towing, Emergency Rescue and Response, Fire Fighting, and Oil Pollution Control. Jointly designed by Naval Architects from Norway and Singapore, FOS vessels support both exploration and production activities in the oil field for clients such as Exxon Mobil, Shell, Chevron, CNOOC, Premier, Stat Oil, ENI, Conoco Philips, Lundin and more. Fast Offshore vessels have operated throughout Malaysia, Indonesia, Thailand, Brunei, Philippines, Myanmar, UAE, Nigeria, and Australia. www.fastoffshore.com.sg / marketing@fastoffshore.com.sg

About Terasaki Electric Co.

Terasaki Electric is one of the leading international electrical switchboards and control systems manufacturer in Asia. Terasaki design and manufacture power distribution control systems for factories, railways station and all kind of vessels. Terasaki's business and technology spans five core fields: marine systems, industrial systems, circuit breakers, engineering, elector-fitting and servicing. Terasaki Electric also support all kind of GREEN project as system integrator role. Terasaki emphasize on the after sales service, therefore, Terasaki group also got a well establish global services network all around the world.

About Shift Clean Energy

Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard-to-abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwap subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Shift now has offices in the US, UK, and the Netherlands, with a new office under construction in Singapore. Join us on our mission to zero emissions.

About RINA

RINA provides classification and technical services to the maritime industry and consists of the parent company RINA S.p.A., the holding which controls the main sub-holdings RINA Services S.p.A. and RINA Consulting S.p.A. In order to ensure compliance with the applicable recognition, authorization, notification and accreditation rules, including those relevant to the management of impartiality, RINA has adopted a governance and organizational model. According to this model, the sub-holdings are subject to direction and co-ordination by the holding in the finance, administration, strategic, organizational, managerial and business continuity fields, while technical and operational decisions remain under the exclusive responsibility of the sub-holdings and their controlled companies. The strict separation of duties in the governing bodies and the impartiality risk assessment, which identifies and manages the impartiality and conflict of interest threats coming from the company relations, ensure compliance with the applicable impartiality rules. www.rina.org

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass / NusaTrip Expands Flight Routes and Fares Offering through Connection with Regional Low-Cost Carriers: JetStar Airways, VietJet Air, NokAir, Thai Smile Air, and Thai Lion Air

SINGAPORE, Dec 6, 2022 – (ACN Newswire) – NusaTrip, the Indonesia-based online travel agent (OTA) and travel platform of Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's (SEA) leading data-driven loyalty, fintech and e-commerce ecosystem, today announces the expansion of NusaTrip's +500 global airline partners network by adding JetStar Airways, VietJet Air, NokAir, Thai Smile Air, and Thai Lion Air. With the addition of these low-cost carriers, users can enjoy more flight content, travel options, competitive pricing, and convenience in booking multiple trips / airlines through NusaTrip's consolidator and distribution technology platform, NusaXchange.

NusaXchange connects worldwide flight content through streamlined integration with low-cost and full-service airlines from multiple points of sale and enables its global distribution at ease. NusaTrip's flight contents include a wide range of domestic and international inbound-outbound routes.

NusaTrip's CEO, Johanes (Joe) Chang underlines that the company continuously improves the richness of flight content in its NusaXchange platform, to cater to a broader range audience that increasingly demands a more varied and personalised experience. "Direct connectivity with more airline partners means more inventory to offer, more reliable and faster responses, as well as more competitive pricing for our customers and distribution partners".

Low-cost carriers are gaining momentum during the recovery period of the COVID-19 pandemic. As elaborated in the Low Cost Airlines Market By Purpose, By Destination, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2016-2030, the value of the global low-cost airlines market is projected to grow from USD 155 billion in 2016 to USD 440 billion by 2030, growing at a CAGR of 10.4% from 2022 to 2030.

NusaTrip's newest airline partners of choice are the leading low-cost carriers in their respective regions. Carried more than 250 million passengers worldwide since 2004, JetStar serves more than 5,000 flights to over 85 destinations every week – across Australia, New Zealand, Asia, and the Pacific. VietJet, together with its affiliate, ThaiVietJet, operates a total of 197 domestic routes in Vietnam and Thailand, as well as international routes to Singapore, Malaysia, Myanmar, Indonesia, Cambodia, Taiwan, South Korea, China, Japan, and India. NokAir, a subsidiary of Thai Airways International, is a SkyTrax-certified 3-star low-cost airline and offers flights to 25 destinations throughout Thailand and Myanmar.

NusaTrip offers ease of travel options from arranging multiple airlines / routes to serving personalised flight preferences. NusaTrip's one-stop booking platform allows users of different travel styles to prepare their itineraries easily. Customers who book last-minute air tickets and hotel rooms benefit from a wide range of airline selections, schedule options, and trip destinations. Travel connoisseurs may also take advantage of convenience in pre-flight arrangements, including selecting a preferred seat, meals, or extra baggage.

As the travel business vertical, NusaTrip's industry leadership and initiatives simultaneously strengthens the Society Pass ecosystem and broaden the company's network in the fast-growing Southeast Asia markets.

About JetStar Airways

JetStar serves more than 5,000 flights to over than 85 destinations every week – across Australia, New Zealand, Asia and the Pacific. Since launched in Australia in 2004, the airline has carried 250 million+ passengers worldwide.

The airline operates an extensive domestic network as well as regional and international services from its main base at Melbourne Airport, using a mixed fleet of the Airbus A320 family and the Boeing 787 Dreamliner. For more information, please check out: https://www.jetstar.com/id/en/about-us.

About VietJet Air

Vietjet Air's fleet consists of nearly 100 new-generation A320, A321 and A330 aircraft, with an average fleet age of 2 to 3 years, making it one of the airlines with the newest fleet in the region and the world. Together with its affiliate, Thai Vietjet, the airlines operate more than 150 domestic routes in Vietnam and Thailand, as well as international routes to India, Japan, South Korea, China, Singapore, Malaysia, Indonesia, Taiwan and Kazakhstan, etc.

As a new-age carrier, Vietjet has not only revolutionized the aviation industry in Vietnam but also been a pioneering airline across the region and around the world. With a focus on cost management ability, effective operations and performance, Vietjet offers flying opportunities with cost-saving and flexible fares as well as diversified services to meet customers' demands. For more information, please check out: https://www.vietjetair.com/en.

About Nok Air

Nok Air is a new low-cost airline registered under Nok Airlines Public Company Limited. It is a joint venture between public and private investors. Nok is the Thai language for 'Bird'. Nok Air offers the largest number of domestic routes within Thailand along with expanding Asian destinations. For more information, please check out: https://nokair.com.

About NusaTrip

Founded in 2013, NusaTrip is an IATA-licensed online travel agency that serves both local and global customers and partners by optimizing cutting-edge technology and providing quality customer-centric support team-as-a-service. NusaXchange platform is the travel technology built to consolidate worldwide flight content through streamlined integration with low-cost and full-service airlines from multiple points of sale and enables its global distribution at ease.

NusaTrip is a member of Society Pass Incorporated (Nasdaq: SOPA) ecosystem, with headquarters in Jakarta and representative offices in Singapore, Thailand, Vietnam, and the Philippines. For more information, please check out: https://www.nusatrip.com.

About Society Pass Inc

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in the Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please check out:
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
rosa@NusaTrip.com

PRecious Communications
sopa@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Sri Trang introduces new Super Driver jobs for traditional natural rubber planters

BANGKOK, Dec 6, 2022 – (ACN Newswire) – Sri Trang Agro-Industry Plc. (SET: STA), the world's leading fully integrated natural rubber company, has opened registration for "Super Drivers" to create extra income for rubber planters from a secondary career as rubber transporters, building a rubber delivery network from plantations to factories in the Sri Trang Group. This will connect stakeholders in the rubber industry ecosystem, and drive the industry towards digitalization.

Mr. Veerasith Sinchareonkul, President & Executive Director of Sri Trang Agro-Industry (STA) explained that following the Company's launch of "Sri Trang Friends", the first App. to combine support services for farmers, trading partners, and related services across the digital platform, recently expanding with the new "Sri Trang Friends Station" App, which offers a rubber sales and trading platform, and allows interested natural rubber planters across the country to apply for membership, facilitating a more transparent and professional rubber trading business. This is a major development that will propel the Thai rubber industry towards digitalization, connecting networks of stakeholders across the natural rubber industry ecosystem in Thailand.

Most recently, the Sri Trang Group initiated the new "Super Driver" service, "heroes" to fellow farmers, providing rubber delivery services to Sri Trang rubber factories for fellow rubber planters who may be constrained by distance. The "Super Drivers" will pick up the rubber from plantation owners who require this service, then deliver the products to Sri Trang factories, thus alleviating the problems associated with approaching the factories and the delivery of rubber. Initially, the program is being launched as pilot projects in Loei and Ubon Ratchathani provinces, and will soon be introduced throughout the country.

The main differences that makes the "Super Driver" model special are the approach and the application process. The main target groups are the rubber planters, or those with families in the rubber plantation or rubber delivery business, with their own delivery trucks, who would like to earn extra income, and be ready to represent the senders and various types of natural rubber, such as fresh latex, cup lump rubber, raw rubber sheets and ribbed smoked rubber sheets from plantations in nearby vicinities, to be delivered to factories in the Sri Trang Group. The main purpose of "Super Driver" recruitment is to create an additional income stream for rubber planters and their relatives, along with helping rubber planters with direct access to the factories, as if having the factories right on the gates of their plantations. This is also in line with the Company's policy to conduct its businesses sustainably by caring for the stakeholders in all sectors.

There are no application fees for the applicants. Moreover, they will receive the following benefits: 1) The ready-for-use POS with the downloaded App., 2) A floor-stand weighing scale, and 3) A gift set for Super Drivers, etc. Income from the delivery of rubber to the factory plus the diligence bonus for each "Super Driver" is expected to amount to approximately 18,500 baht per month.

"Our big mission is to create an additional income stream for people in and around rubber plantations by their becoming Super Drivers so they can elevate their quality of life. In addition, the model will provide easy access and opportunities for plantations that are located far away, to access the factories more readily, while connecting all the people involved in the rubber industry ecosystem through the App. which has been specially developed by the Company. In the near future, the "Sri Trang Friends" and "Sri Trang Friends Station" Apps that support the two groups of users – rubber traders and the Super Drivers – will have some connected functions that are aimed at positive and sustainable development towards the "Sri Trang Friends Ecosystem", Mr. Veerasith concluded.

Released by Public Relations Dept., MT Multimedia Co., Ltd. for Sri Trang Agro-Industry Plc.
For additional information, please contact: Wasana 'Jeab" Wongsiri
T: +66 84 359 0659, +66 2 612 2081 ext.131; E: wasana.w@mtmultimedia.com

Sri Trang Agro-Industry Plc. https://www.sritranggroup.com/en/home
[SET: STA; STA-R; STA/F] [SGX: NC2; STA] [XTR: YTAA] [OTCPK: SRGPF]

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Domineum and Expert Vision Consulting (EVC) partner to drive Digital Transformation Globally

MECCA, Saudi Arabia, Dec 6, 2022 – (ACN Newswire) – The International Strategic Collaboration between UK-based Domineum (www.domineum.io) and Saudi-based Expert Vision Consulting (www.evc.sa) outlines the long-term goals between the two companies in line with Saudi Arabia's Vision 2030. Small and Medium Enterprises (SMEs) are among the most significant drivers of economic growth and an important area of focus of the Saudi Vision 2030: creating jobs, encouraging innovation, and strengthening economies. The aim of this partnership is to combine the strengths of each to drive digital transformation by creating access to new markets, new digital products, training, and investment tools.

Domineum Blockchain Solutions, which helps governments and businesses digitize their processes to increase efficiency offers a full suite of Blockchain applications including Identity verification solutions, Credential verification, Land and real estate solution, Cargo Tracking Note solutions, and other software for more efficient work, will provide digital transformation services and support small and large companies' growth across the world.

Expert Vision Consulting Company (EVC) is a Saudi-based company providing consulting services for decision-makers, enabling them to achieve their innovative business visions for the future. EVC has the capability to translate ideas into reality, serving both the Public Sector & Private Sector in three Areas: Consultation, Solutions, and Innovations.

EVC provides consultancy services related to major national projects by supporting many government agencies to achieve the Saudi Arabia Vision 2030 and has earned their clients' trust due to being keen as the first company clients look to as a partner trusted to provide a complete Digital Transformation journey for its clients. With a ranking reputation of being among the fastest-growing tech companies in Saudi Arabia.

The MoU was signed on the 25th of November 2022 at EVC headquarters in Mecca Saudi Arabia by DR Basim Zafar, Founder/CEO of Experts Vision Consulting (EVC), and Mohammed Ibrahim Jega, Co-Founder of Domineum Blockchain Solutions. We believe this partnership will accelerate and propel digital transformation in Governments and various industries such as health care, agriculture, fin-tech, education, commerce, energy, supply chains, etc.

Dr. Basim Zafar, the Founder/CEO, of Experts Vision Consulting (EVC), said, "As a company that continuously strives to empower the technology sector, we are delighted to collaborate with Domineum to offer multi-tier support to the public and private sector, companies as well as startups. We at EVC consider this partnership as part of the company's responsibility towards societal development."

Mohammed Ibrahim Jega, the Co-Founder of Domineum Blockchain Solutions, said "We are delighted to start our fruitful collaboration with EVC Saudi where we will leverage our mutual strength and further accelerate the digital transformation of Government and businesses. Digital transformation is more important than ever and Domineum with its fully integrated and intuitive solutions is a perfect choice for the effortless benefits possible for both governments and individual businesses."

For more information:

Ejeh Janet
E: business@domineum.io
Domineum Blockchain Solutions

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Piper officially launches Luxury, Direct-to-Consumer, Jewelry Brand taking on High Margin Industry

NEW YORK, Dec 5, 2022 – (ACN Newswire) – Piper Jewels (http://www.piperjewels.com), the direct-to-consumer fine jewelry company, formally announces its launch. The company's goal is to challenge the $20+ billion U.S luxury jewelry market with its compelling direct-to-consumer offering. The founders of the company bring decades of fine jewelry design and manufacturing experience to the discriminating consumer who is looking for upscale jewelry design at an accessible price.

Piper has tapped into the efficiencies of e-commerce to bring the highest level of fine jewelry at a fraction of the price of high-fashion houses. They offer a full line of fashion jewelry with a primary focus on fine engagement and wedding jewelry. All pieces are made with the highest quality craftsmanship from ethically sourced materials.

According to Founder and CEO, Steven Messler, "We saw a major opportunity to provide the service, precision, and product level of a Cartier or Tiffany's, without the markups associated with those brands. Piper's vision is to provide the absolute best in design, product, and service at an affordable price. Until now, no online jewelry brand has done this."

All aspects of Piper's business reflect their commitment to disrupting this category. All of Piper's diamonds are ethically sourced to the highest standard following the Kimberley process. The company's world-class 60,000 square foot production facility in North America is SGS certified and has only produced jewelry at the highest level with state of the art manufacturing and tooling. According to Messler, almost all of Piper's craftsmen have been in the field for at least 15 years. Piper offers clients the ability to customize existing designs to reflect their personal taste and desires and they also provide a custom jewelry program for customers looking for special items.

Piper is driven to provide the highest-touch customer service. Their support team is available by phone or chat 7 days a week. Additionally, Piper offers a seamless return policy.

About Piper Jewels

The New York City and Austin, TX based jewelry company was founded by third-generation Jeweler Steven Messler and Entrepreneur Raja Joshi. A high profile list of advisors and investors from Retail and E-Commerce have led its current investment to date. For more information, go to http://www.piperjewels.com.

Media Contact:
Krista Deshayes,
Piper Jewels,
1(832) 386-5106,
Krista@Piperjewels.Com

This press release is issued through EmailWire(TM)(www.emailwire.com) – the global newswire service that provides Press release distribution with guaranteed results(TM).

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Hospitality 360 Expands Hotel Management Portfolio

KUALA LUMPUR, Dec 5, 2022 – (ACN Newswire) – Hospitality 360 Sdn Bhd (H360), a Malaysian hotel management and consulting company, is pleased to announce the signing of a strategic partnership with Wyndham Hotels and Resorts to expand their portfolio of hotels, resorts, and serviced apartments across Malaysia.

Yang Berbahagia Dato' Indera Naresh Mohan, Group Chief Executive Officer of Hospitality 360 Sdn Bhd; Ms. Teng Car Men, Executive Director of Jesselton Newcity Development Sdn Bhd and Mr. Matt Holmes, Vice President & Head of Development of Wyndham Hotels & Resorts (South East Asia and Pacific Rim) [L-R]

As H360 and Wyndham memorialize their common objective to continue their commercial dealings and deepen their business relations, we are witnessing the beginning of a new chapter in their illustrious partnership. Under the terms of their partnership agreement, H360 will deliver at least 15 hotels signed as franchises under various Wyndham-owned brands over the course of the next six years.

To mark this illustrious partnership, there were several Memorandum of Understandings (MoUs) and agreements for H360 to manage, under various Wyndham brands, 4 hotels and luxury serviced apartments in Sabah.

The MoUs were signed between Wyndham and the developers of the hotel properties, namely, Jesselton Newcity Development Sdn. Bhd; and Sumbangan Aru KK Sdn. Bhd; for the properties that will in turn be managed as Wyndham Grand, Dolce by Wyndham, and Ramada by Wyndham brands. Construction of these hotels, totalling more than 2000 rooms will commence in phases starting in 2023 and is expected to complete by 2027.

In addition to the pipeline of current signings, H360 through the newly announced strategic partnership with Wyndham also has other hotel properties in the pipeline. They are namely our future flagship property, the Wyndham Grand TRX KL with more than 190 rooms, developed by Core Precious Development Sdn Bhd in which the construction is underway and due to complete by Q4 2023; and the newly built Ramada by Wyndham The Straits Johor Bahru with more than 190 rooms which will be operational by Q1 2023.

Furthermore, the under construction, 85 rooms luxury serviced apartment project Isola KLCC, developed by OCR Berhad, the 152 rooms Shahzan Kuantan in Pahang, the 204 rooms Trinidad Suites Puteri Harbour in Johor and three more properties namely the 88 rooms Lisbon Melaka, the 158 rooms Trigo Kuala Lumpur, and the 90 rooms Shahzan Frasers Hill are all expected to sign to Wyndham's Trademark Collection brand.

Looking ahead and through the various agreements, we target to achieve a portfolio of approximately 5000 rooms all over Malaysia by 2027.

Group Chief Executive Officer of Hospitality 360 Sdn Bhd, Dato' Indera Naresh Mohan said, "This is an exciting time for us as we expand our hotel management portfolio to more locations around the country. The properties we will manage are targeted at different segments of the market, from leisure travellers and families to business travellers. We are looking forward to working with Wyndham to ensure all our guests get a full and holistic experience in our managed properties."

Vice President of Development, South East Asia & Pacific for Wyndham, Matt Holmes said, "By signing this strategic agreement with Hospitality 360 Sdn. Bhd, we continue to grow our operational presence in Malaysia. This move will position Wyndham strongly to tap on the exponential rise in travel demand which has accelerated since early 2022 as borders reopen across key markets in Asia Pacific. Looking ahead towards the future, we are excited and happy to strengthen the partnership with Hospitality 360 in Malaysia and deliver our iconic 'Count on Me' service to our business and leisure guests."

Hospitality 360 Sdn Bhd: http://hospitality360.my/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SAMURAI 2K Aerosol: Achieving Its Digital Transformation Vision

SINGAPORE, Dec 5, 2022 – (ACN Newswire) – Listed on the Catalist Board of the Singapore Exchange, SAMURAI 2K Aerosol Limited (Stock Symbol: Y8E.SI) is a leading aerosol coating specialist focusing on high performance coating solutions for the automotive refinishing and refurbishing industry. Headquartered in Malaysia, its products are manufactured in the production facility in Johor, and distributed in countries including Malaysia, Indonesia, Thailand, Philippines, Vietnam, Cambodia, United Kingdom, United States of America, Singapore, and India.

Transformation for the Future

Founder and CEO, Ong Yoke En's crystal clear vision for the transformation of the Group is beginning to take shape. The aim is to build a strong digital platform by integrating online and offline business to create an omni-channel experience for its customers. The Group will transform from a product-driven business model to a data-driven service-oriented business model.

On 10 October 2022, SAMURAI 2K was handed the keys to 4 units of 5-storey shophouses for its new corporate office in Johor, Malaysia. This is a total of 20 units of 1700 sq ft each and marks another milestone in SAMURAI's digital transformation focused on innovation through leveraging on AI and data analytics. Digital content creation and technical support staff strength is expected to grow to 150-200 in 3 years.

Operating expenses for the build-up of digital infrastructure is already reflected in 1HFY2023 ended 30 September Financial Statement available on SGXNet at https://links.sgx.com/1.0.0/corporate-announcements/K8EDQT0VA6E8IE01/abcc2506b2fcf5f3d0684b32052a6f39dc827ac20d143367b3336f75857910f0 The Financial Statement shows marketing and distribution expenses increasing by 206% from RM2.36 million in 1HFY2022 to RM7.23 million in 1HFY2023.

Said Samurai 2K spokesperson Leo Aun Foo, "Initially our ecommerce business will focus on the Malaysian and USA markets. Subsequently we will roll out plans for Europe, Australia, Japan, and South America. Each country will require a team of 5-10 staff to handle".

It is with the online multi-country platform that the Group will be able to reap economies of scale, accelerate brand building, provide consumers with multi-media experience, create customer loyalty, and optimize business and product development through powerful data analytics.

Pipeline of Innovations and Inventions

The Group is targeting to launch the first-ever color mix-and-match system ("Tintatek" technology) of aerosol spray paint, which allows users (especially automotive consumers) to custom fill their desired colors into the aerosol can without the use of a complicated tool or equipment. Using Tintatek's color data bank, millions of color combinations can be generated. Users can create original color for themselves or re-create and perfectly match the original factory paint color of the object to be painted. The introduction of Tintatek into DIY spray painting is a revolutionary and disruptive innovation in the aerosol paint industry.

At the same time, the Group is currently building a spray-painting service online platform which matches users with providers of at-your-doorstep spray-painting services. The wide range of colors, textures and special effects (mirror, crystal, metallic, luminous and many more) of SAMUARI 2K paints, the easy-to-use 2-head resin plus hardener, together with Tintatek and matching of users with providers brings DIY spray painting to a new level and a new era. More and more of those who need to spray paint their possessions will now be attracted to DIY spray-painting, bypassing the need to go to a workshop with all its attendant costs and convenience. Together with SAMURAI 2K's multi-media websites, which include education and demonstrations of spray painting designs and techniques, this is expected to exponentially increase the size of the market for the Group's products.

4-Year Financial Performance Track Record

Many companies have bold visions to transform themselves. But whether they can achieve it also depends on the strength of their financials. For that , we need to look at a Company's long-term track record. The Group's 4-year financial performance track record is encouraging and gives confidence that it will be able to realize its transformation for the Future. The financials portray a future-ready but financially prudent company always ensuring that it will be able to ride out any short-term turbulence in the economy.

Table 1 below measures several aspects of Samurai 2K's financials through four years including the period of Covid-19 impact on the regional economies. It is rather rare for a company to exhibit positive numbers on all aspects of its financials.

GROWTH: Revenue
PROFITABILITY: Net Profit, Gross Profit Margin, Net Profit Margin
INVESTMENT MERIT: Return on Equity
LEVERAGE: Net Debt/Equity, Interest Coverage
LIQUIDITY: Current Ratio

Table 1: Stability and Financial Strength. (Samurai 2K FY is 31 March)
https://www.acnnewswire.com/docs/Multimedia/SAMURAI_2K_Aerosol.jpg

Table 1 shows a company that is financially strong, with consistent performance. Gross and Net Profit margins are above average for a consumer product. Debt/Equity has always been Net Cash, Current Ratio has always been above 2, and judging from the Interest Coverage, in the case of Samurai 2K, investors need not worry about the current high interest rate environment.

Conclusion

Samurai 2K's vision is a bold one but its financial performance track record and tangible progress in pursuing its vision are encouraging signs that its transformation for the Future is achievable.

This article is reproduced for international public consumption by Waterbrooks Consultants the investor relations consultant for Samurai 2K Aerosol Limited.

For more information, please visit www.waterbrooks.com.sg

Original article link: https://www.investor-one.com/editorial/22275-SAMURAI-2K-AEROSOL-ACHIEVING-ITS-DIGITAL-TRANSFORMATION-VISION

SAMURAI 2K Aerosol Ltd [SGX: SAMR] [BBG: SAMUR] [RIC: Y8E.SI] http://samurai2kaerosol.com/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kitchen Culture Says Notices Filed to Correct Attempts By Director to Change ACRA Records of 5 Fellow Directors, Company Secretary and Address After Purported EGM That Has Been Deemed Invalid

SINGAPORE, Dec 5, 2022 – (ACN Newswire) – Kitchen Culture Holdings Ltd. ("Kitchen Culture" or the "Company") said today that it had filed notices to correct attempts by a director, Madam Hao Dongting ("Mdm Hao") – who is intricately linked to its largest shareholder that has made a second invalid attempt to remove 5 of her fellow board members – to change records of the secretary, office bearers and address of the Company as registered with the Accounting and Corporate Regulatory Authority ("ACRA").

It said that Mdm Hao and 5 persons seeking to replace 5 current directors are circumventing the need to go through "proper and required legal processes" to determine the validity of a purported extraordinary general meeting ("Purported EGM") held by electronic means on 25 November 2022.

Kitchen Culture has repeatedly asked the 8 requisitioners led by its largest shareholder OOWAY Group Ltd. ("OOWAY Group") – of which Mdm Hao is a substantial shareholder and director – to bring the matter of the validity of the Purported EGM before a Singapore Court. Alternatively, they can issue fresh and compliant notices and other documents to call for a fresh EGM.

The Company deems the meeting to be invalid as requisitioners had not sent valid notices, while 5 persons they sought to appoint (the "5 Purported Appointees") were ineligible for election in the first place as they had failed, neglected or refused to submit relevant documents on time, even assuming that it was a valid general meeting.

The Company has also received many emails and calls from shareholders voicing frustration that the requisitioners had proceeded with the Purported EGM and announced "the results" in a press release issued on ACN newswire the same day. Many shareholders have also said they had not received the notices calling for the meeting.

The requisitioners have yet to respond to the Company's request to bring the matter to Court. Instead, in recent days, Mdm Hao, on behalf of the "new board" supposedly comprising herself and the 5 Purported Appointees, appears to have been contacting or attempting to contact the Company's professional firms to replace the incumbent Company Secretary with 2 others and to change the registered office to the latter's.

The "new company secretaries", without waiting for a determination by the Singapore Court or informing the incumbent Company Secretary or the Directors, proceeded to file these changes online with ACRA. However, Kitchen Culture has taken swift action to file corrective notices with ACRA.

In any case, these are matters which shall be effected according to resolutions properly passed by shareholders or the proper Directors, the Company said. "The filing of any such 'changes' does not have any substantive effect on the legality – or, for the matter, the invalidity – of the removals, appointments, or change of registered office."

"The Directors (other than, of course, Mdm Hao) view these actions to be extremely disruptive of and interfere with the orderly conduct of the business and affairs of the Company, to create uncertainty and sow confusion, as well as are unlawful," Kitchen Culture said.

The 5 Purported Appointees proposed by the requisitioners are James Beeland Rogers, Jr., Yip Kean Mun, Lam Kwong Fai, Tan Meng Shern and Cheung Wai Mun. The Requisitioners comprise OOWAY Group and 7 individuals who own an aggregate of 21.71% of the Company's shares.

Kitchen Culture's Board, with the exception of Mdm Hao, has said that there are no grounds to justify the resignations of 5 current directors – Mr Lim Wee Li (Executive Director), Mr Lau Kay Heng (Non-Executive Non-Independent Chairman), and 3 Independent Directors, Mr Ang Lian Kiat, Mr William Teo Choon Kow and Mr Peter Lim King Soon.

Mr Lau Kay Heng and Mr Peter Lim King Soon were named as new directors on 15 July 2022, the same day that Mr Lincoln Teo, an OOWAY Group's representative and former Interim CEO of Kitchen Culture, ceased to be Executive Director. The Company has stressed that OOWAY Group had supported the re-appointments of Mr William Teo Choon Kow and Mr Ang Lian Kiat at the Annual General Meeting held on 18 March 2022.

Shares of the SGX Catalist-listed provider of kitchen and bathroom solutions have been suspended from trading since July 2021. Its Board has seen several changes since the involvement of OOWAY Group in October 2020.

Issued by:
Kitchen Culture Holdings Ltd.
9 Raffles Place, #52-02, Republic Plaza
Singapore 048619
Tel: +65 6471 6776, Fax: +65 6472 6776

Media & Investor Contact
Whatsapp (Text): +65 9748 0688
kitchenculture@wer1.net

This press release has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms. Lee Khai Yinn (Tel +65 6232 3210), at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Kitchen Culture Holdings Ltd. [SGX: 5TI] [BBG: KCH:SP] [RIC: KCHL.SI] https://kcholdings.com.sg

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The On-Site Meeting of ‘Beautiful Countryside Construction – Qianwan Project’ Held in Jiande, Hangzhou

Hanzhou, China, Dec 4, 2022 – (ACN Newswire) – Jiande Municipal Committee announces that the on-site meeting of ‘Beautiful Countryside Construction – Qianwan Project’ is held in Jiande city, Hangzhou city. The on-site meeting was held on December 2nd. The delegates from Hangzhou walked into the countryside with great interest and experienced the charm of Jiande beautiful countryside.

Since Zhejiang implemented the project of “Demonstration of Thousand Villages and Renovation of Ten Thousand Villages” in 2003, Hangzhou has adhered to the idea of “lucid waters and lush mountains are invaluable assets” as its development, and continuously promoted the “Qianwan Project”. Hangzhou is also leading in beautiful countryside construction. It is understood that 85% of the existing more than 2,000 villages in Hangzhou have built beautiful countryside. By the end of this year, Hangzhou will have built a “beautiful countryside” in an all-round way. This on-site meeting will plan the objectives, tasks, carriers and practical paths for Hangzhou to further promote the “Qianwan Project”, build a livable, suitable industry and beautiful countryside, and work together to write a new chapter of high-quality development.

In recent years, centering on the general goal of “promoting common prosperity and building a livable Jiande in an all-round way”, in the construction of beautiful countryside, it has adhered to the principle of party building to guide convergence, optimize ecology, promote industrial development, resolutely adhered to the ecology, pushed forward the “Qianwan Project” in depth, and drew a blueprint for common prosperity. It has successively won the title of “Encouraging County” with obvious improvement effect on rural human settlements in the State Council, Beautiful Countryside Model County in the new era.

On the same day, Fu Yongwei, secretary of Jiande Municipal Committee, talked about “protecting the ecology and creating a beautiful home for common prosperity” at the meeting. Jiande’s “Three Persistences” got a good response at the meeting. Taking “environment” as the foundation, it continuously polishes the beautiful rural ecological outlook; Taking “industry” as the core, it continuously promotes the beautiful countryside economic value; With “people’s livelihood” as the core, the happiness of beautiful countryside is constantly improved. In the next step, Jiande will continue to promote the construction of beautiful countryside, make efforts to strengthen the village and enrich the people, and make greater contributions to the vivid practice of “two pioneers” in rural Hangzhou.

Beautiful countryside not only makes villages beautiful, but also drives industries. Zhijiang Village is one of the first batch of 36 “future villages” in China, and the delegates praised its “beauty has turned into a bright future”. On both sides of Xin’an River in Zhijiang Village, ten photography spots were designed along the way, such as “Fishing Boat Singing in the Evening” and “Boating Amid the Smoke”, which attracted many photographers and beautiful women and brought great popularity to local homestays. During this period, the delegates also went deep into the school, market and other places to experience the effectiveness of beautiful countryside’s construction.

Zhejiang’s strawberry is in Jiande, and Jiande’s strawberry is in Yangcun Bridge. At Yangcun Bridge, the delegates visited the strawberry planting history, the construction mode of agricultural industry “standard field” and the talent project of “strawberry master” in Jiande through greenhouse, strawberry co-prosperity workshop and aerial strawberry science and technology planting demonstration garden, and got a deep understanding of outstanding rural talents such as “Qiangcun Company”, “co-prosperity workshop”, “Nongchuangke” and “Jiande Master”, which made important contributions to the rise of beautiful countryside.

In Meicheng Town, the delegates visited the provincial-level Intangible Cultural Heritage program of Yanzhou Shrimp Lantern in “Qianhe Family” Square, and visited Qianhe Culture Auditorium, Heju Living Room, Qianhe Women’s Militia Heritage Hall, Hejia Children’s Hall and other places, and experienced the historical and cultural charm of the revival of this thousand-year-old city, and felt the new look of beautiful countryside construction in the new era.

How to build the beautiful countryside in the new period? In the afternoon, the meeting shows the video of “Beautiful Village, a Prosperous Future”. Hangzhou Agriculture and Rural Bureau (Hangzhou), Jiande city, Linping District, Zhongshan Township, Fuyang District, Lishan Town and Anding Village respectively exchanged their experiences.

The goal of the “Five Beauties” construction is: to build beautiful countryside in the new era, there must be the harmony between landscape and nature, the blending of modern and traditional humanities, the beauty of vitality in which livable and suitable for business complement each other, the beauty of coordination between urban and rural development, and the beauty of harmony between civilization and good governance.

To this end, Hangzhou has issued the “Seven Actions”, and put forward specific requirements from rural construction, human settlements improvement, industrial revitalization, public service improvement, modernization of governance, strengthening villages and enriching people, and digital rural construction. For example, Hangzhou will start a number of digital villages and future rural construction next year, and further improve the overall mechanism of reserved land in villages and towns to promote the flow of urban resources to villages.

“Hangzhou should solidly promote the revitalization of rural industries, talents, culture, ecology, organization and other aspects, and strive for the common prosperity and modernization of Hangzhou.” The relevant person in charge of Hangzhou Agriculture Bureau (Hangzhou Rural Revitalization Bureau) said.

Media contact
Publicity Department of Jiande Municipal Committee
Email: heyn@8531.cn
Tel: +86 15857143688
Website: http://www.8531.cn

SOURCE: Publicity Department of Jiande Municipal Committee

Palladium One Announces Increase in Brokered Private Placement Financing from C$3 million to C$4.2 million

TORONTO, ON, Dec 3, 2022 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce that it has increased the previously announced brokered private placement from $3 million to $4.2 million.

The Company will issue up to 21,000,000 units on a charity flow-through basis (the "Charity FT Units") at a price of $0.20 per Charity FT Unit (the "Charity FT Issue Price") for gross proceeds of up to $4,200,000 ("Offering"). Each Charity FT Unit will consist of one common share of the Company (each, a "Charity FT Share") and one-half of one common share purchase warrant of the Company (each whole common share purchase warrant, a "Charity FT Warrant"), and each Charity FT Share and Charity FT Warrant will be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada). Each Charity FT Warrant will entitle the holder thereof to purchase one non flow-through Common Share (a "Warrant Share") at an exercise price of $0.20 for a period of 36 months from the date of issuance thereof. The Charity FT Units will be offered for sale to purchasers in all the provinces and territories of Canada (other than Quebec) in reliance on the listed issuer financing exemption available in Part 5A.2 National Instrument 45-106 – Prospectus Exemptions ("NI 45-106") and will not be subject to any statutory hold periods.

The Offering will be led by Echelon Capital Markets ("Echelon", the "Lead Agent") and along with Sprott Capital Partners LP and Research Capital Corporation (collectively "Agents"). As compensation, the Agents will be entitled to a cash fee in an amount equal to 6% of the gross proceeds from the Offering. In addition, the Agents will receive non-transferable warrants (the "Broker Warrants") exercisable at any time prior to the date that is 24 months from the Closing Date to acquire that number of units (each comprised of one common share and one-half of one warrant with an exercise price of $0.20 for a period of 36 months) which is equal to 6.0% of the number of Charity FT Units sold under the Offering at an exercise price equal to $0.14.

In addition, the Company's non-brokered flow-through unit financing ("FT Units") to be issued at unit price ("FT Unit Price") remains unchanged.

There is an offering document related to the Offering that can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.palladiumoneinc.com. Prospective investors should read this offering document before making an investment decision.

An amount equal to the gross proceeds from the issuance of the FT Units and Charity FT Units will be used to incur, on the Company's Canadian mineral exploration properties, Canadian exploration expenses that will qualify as "flow-through mining expenditures", as defined in subsection 127(9) of the Income Tax Act (Canada) and that will also qualify as "eligible Ontario exploration expenditures" within the meaning of subsection 103(4) of the Taxation Act, 2007 (Ontario) (collectively, the "Qualifying Expenditures"). The Qualifying Expenditures will be incurred on or before December 31, 2023 and will be renounced by the Corporation to the subscribers with an effective date no later than December 31, 2022 to the initial purchasers of the FT Units and Charity FT Units in an aggregate amount not less than the gross proceeds raised from the issue of the FT Units and Charity FT Units. In the event that the Corporation is unable to renounce the FT Issue Price and Charity FT Issue Price on or prior to December 31, 2022 for each FT Unit and Charity FT Unit purchased and/or if the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Corporation will as sole recourse for such failure to renounce, indemnify each FT Unit and Charity FT Unit subscriber for the additional taxes payable by such subscriber to the extent permitted by the Income Tax Act (Canada) as a result of the Corporation's failure to renounce the Qualifying Expenditures as agreed.

The Offering and the Non-Brokered Offering are expected to close on or about December 20, 2022, or such other date or dates as the Company and the Lead Underwriter may agree (the "Closing Date") and are subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Palladium One

Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.

ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director

For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

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

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. These forward-looking statements include, but are not limited to, statements relating to the timing and completion of the Offering, the satisfaction and timing of the receipt of required stock exchange‎approvals and other conditions to closing of the Offering and the intended use of the proceeds of the Offering. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

Not for distribution to United States newswire services or for dissemination in the United States

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com