Vietnam: Nutifood opts for innovative SIG DomeMini on-the-go carton bottle

HO CHI MINH CITY, VIETNAM, Apr 23, 2024 – (ACN Newswire) – Nutifood, a leading Vietnamese dairy company, is opting for one of SIG’s latest packaging innovations – the highly convenient on-the-go SIG DomeMini carton bottle. The small-size carton pack will offer consumers in Vietnam all the convenience of a plastic bottle and the sustainability benefits of a carton pack.

Nutifood will launch its Varna brand premium adult nutrition milk in SIG DomeMini. Varna Colostrum offers a targeted nutrition formulation for adults to improve immunity. The introduction of this product in the on-the-go carton bottle SIG DomeMini, which is now available for the first time in Southeast Asia, marks a pivotal shift, as in the past Varna products have only been available in plastic bottles. The transition to a bottle-shaped carton pack provides a solution that offers a better plastic-to-product ratio, while also standing out to consumers with its sleek and distinctive design.

Mai Thanh Viet, Vice President (Marketing) at Nutifood: “We are leading the way, not only with our innovative products, but also with our sustainable packaging choices. Switching from plastic bottles to the SIG DomeMini carton bottle sets a new precedent in Vietnam for captivating and sustainable on-the-go packaging. We are fostering a new era of responsible consumption, empowering our consumers to make more eco-conscious choices, without any compromise on convenience while they enjoy their favorite beverage on the move.”

SIG DomeMini offers a uniquely ergonomic and eye-catching design. The central SIG DomeMiniCap can be easily opened and closed by adults of all ages, resealed and easily stored for use at different times of the day.

The main material of the SIG DomeMini carton bottle, designed for full recyclability, is FSC™-certified paperboard made of forest-based renewable material. SIG DomeMini is manufactured using 100% renewable electricity and has a lightweight and space-saving design.

Angela Lu, President & General Manager Asia Pacific at SIG: “The market for on-the-go beverages offers immense potential and our SIG DomeMini carton bottle captures perfectly the ‘paperization’ trend for less plastic packaging. We work together with Nutifood to bring more sustainable packaging solutions to the market in Southeast Asia.”

The SIG DomeMini 12 Aseptic filling machine is capable of aseptically filling 12,000 packages per hour – in a total of seven volume sizes from 180 to 350 ml on one and the same filling machine with volume change in just 15 minutes. This maximizes efficiency and flexibility, providing an excellent return on investment for beverage manufacturers.

About SIG

SIG (FSC™ trademark license code: FSC™ C020428) is a leading solutions provider of packaging for better – better for our customers, for consumers, and for the world. With our unique portfolio of aseptic carton, bag-in-box, and spouted pouch, we work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable, and affordable way. Our technology and outstanding innovation capabilities enable us to provide our customers with versatile packaging systems and solutions for innovative products and smart operations, all to address the ever-changing needs of consumers. Sustainability is integral to our business and guides us on our journey to create packaging for better – packaging that gives more to people and the planet than it takes out.

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

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

Picture caption:
Nutifood, a leading Vietnamese dairy company, is opting for one of SIG’s latest packaging innovations – the highly convenient on-the-go SIG DomeMini carton bottle. The small-size carton pack will offer consumers in Vietnam all the convenience of a plastic bottle and the sustainability benefits of a carton pack. Nutifood will launch its Varna brand premium adult nutrition milk in SIG DomeMini.
Photo: SIG

For media inquiries, please contact sig@preciouscomms.com

EM2AI Revolutionising the Dental Industry: New AI Products Promise Transparent Treatment Plans for Patients

SINGAPORE, Apr 23, 2024 – (ACN Newswire) – EM2AI Pte. Ltd., (“EM2AI” or the “Company”) an Artificial Intelligence (AI) dental healthcare company based in Singapore today announced a groundbreaking development poised to reshape the landscape of dental care, with the launch of its pioneering dental AI product. Scheduled to go live later this year, this innovative tool aims to provide dentists and patients with unparalleled transparency and accuracy in treatment planning, marking a significant leap forward for the dental industry.

Mr Ryan San, Chief Executive Officer of EM2AI expressed profound enthusiasm about the forthcoming launch, stating, “Our new dental AI product represents a culmination of years of rigorous research and development, supported by key government agencies such as AI Singapore that have been tasked to promulgate the usage of AI in Singapore. With this revolutionary technology, we are empowering both dentists and patients with the ability to access transparent treatment plans devoid of bias or preference, ensuring full disclosure and transparency in every aspect of dental care.”

Powered by cutting-edge generative AI algorithms, this groundbreaking solution analyses a comprehensive array of patient-specific data, including medical, dental, and social history, demographics, concerns, and investigations. By leveraging this wealth of information, EM2AI is pioneering a transformative approach to formulate optimal dental treatment plans, heralding a new era of precision and integrity in dental healthcare.

EM2AI has developed and successfully deployed the Artificial Intelligence X-Ray Dental Condition Detection and Automated Dental Charting (ADC) systems in all Q & M Dental clinics in Singapore. These are integrated into the Q & M app that is now available to the public for download.

EM2AI is now in the early stages of rolling out the Generative AI Treatment Plan (GATP) in selected outlets for testing with the view for a full rollout in due course. This ground-breaking AI-driven system is designed to support dentists by enhancing the speed and accuracy of diagnosing and creating treatment plans for their patients. The core advantage of GATP lies in its ability to minimise and remove perceived or unperceived biases or preferences that a dentist might hold, thus improving the transparency, reliability, consistency, and quality of dental diagnoses and treatments.

“EM2AI’s integration of AI in dentistry addresses patients’ concern about excessive or insufficient treatment recommendations, fostering an ethical dental approach that patients are actively pursuing. AI Singapore is committed to driving Singapore’s journey as an AI-first nation. We want to continue supporting our local enterprises as they innovate with AI integration in their offerings, striving to elevate consumer experiences and make a positive impact on society,” said Mr Laurence Liew, Director of AI Innovation, AI Singapore.

Furthermore, EM2AI’s model represents a new business paradigm within the dental industry through its Software as a Service (SaaS) offering. The SaaS platform ensures that dental clinics, regardless of their size, can offer state-of-the-art and personalised treatment plans to their patients, fostering a more inclusive and advanced dental care ecosystem. Through continuous updates and improvements, EM2AI’s system promises to evolve alongside advancements in AI and dental medicine, ensuring that dentists are always equipped with the most effective tools to serve their patients.

With this launch, the Company also plans to seek investors and strategic partners, both locally and overseas, for the next phase of the Company’s growth plans.

About EM2AI

EM2AI Pte. Ltd. (“EM2AI”) is a 49%-owned company of Q & M Dental Group (Singapore) Limited (QC7.SI) focusing on developing AI-powered solutions, including a cloud-based Integrated Dental Management System (“EM2Clinic’’) that facilitates patients and clinic management in an efficient way.

For more information, please contact: Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707

Proud Investor Relations partner: https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/

Citi, UBS, GS view positive on Fosun’s core business-focused strategy

HONG KONG, Apr 23, 2024 – (ACN Newswire) – Fosun International (HKEX: 0656) has recently received bullish recommendations from multiple investment banks after announcing its 2023 annual results. On 12 April 2024, Goldman Sachs (GS) issued a research report stating that Fosun’s industrial operation profit reached RMB4.9 billion, up by approximately 20% year-on-year compared to 2022; profit attributable to shareholders of the parent company reached RMB1.38 billion. Goldman Sachs gave Fosun International a target price of HK$4.90, representing an upside of over 13%. Fosun International’s businesses in Health, Happiness and Wealth segments are expected to keep on growing steadily in the future. Goldman Sachs pointed out that although Fosun Pharma was affected by the decline in Covid-related business revenue last year, it expected a sales growth recovery in 2024; Fosun Tourism Group’s attributable profit in 2024 is expected to further improve to RMB321 million on better performance from resort operation and tourism services business; it further pointed out that the insurance business posted a net profit of RMB790 million and the profit from BCP is expected to remain strong in 2024 on elevated interest rate spread.

In its research report published at the end of March, UBS was also optimistic about Fosun International’s strategy of focusing on its core businesses, pointing out that in the future Fosun will continue to execute its disposal plans of exiting non-core assets and concentrate resources on sustainable, predictable and stable core businesses, striving to achieve more efficient resource allocation and profit growth in those areas. UBS believed that with the execution of these disposal plans, Fosun International’s profitability is expected to further improve, based on which it gave a target price of HK$6.30. With the momentum in China’s economy pick up, the execution of streamlining operations and the increasing dividends to shareholders in the future, the valuation of Fosun International will further improve.

Citi Research also issued a report in which it expressed its optimistic views about Fosun International’s market outlook. Citi Research believed that Fosun International’s profitability in 2023 was attributable to an increase in operating profit from the insurance business, a 19.2% year-on-year growth in Club Med’s business volume that exceeded expectations, and better performance in the Asset Management Division which was driven by improvement in the Group’s asset portfolio profitability. The report pointed out that Fosun will continue to look for appropriate opportunities to sell non-core and non-strategic assets and promote future development through synergies amongst subsidiaries. Citi Research gave Fosun a “Buy” rating, with a target price of HK$ 6.30, an expected increase of approximately 57%.

(Second overseas roadshow of 2024) MGTO unveils mega roadshow and presentation seminar in Singapore this Thursday (25 April) to tap into overseas markets

SINGAPORE, Apr 23, 2024 – (ACN Newswire) – Following the first mega overseas roadshow of 2024 held successfully in Tokyo, Japan this March, Macao Government Tourism Office (MGTO) will soon unveil its second overseas promotional event in Singapore. The program includes a four-day roadshow and a presentation & networking seminar namely the “Macao Tourism + MICE Product Updates Seminar & Travel Mart”, to be unveiled in advance this Thursday (25 April). Singaporean visitors and members of the travel trade will be offered a window onto Macao’s strengths as a MICE and travel destination. The event aims to attract more Singaporeans to Macao for leisure and MICE travel, as part of the endeavor to expand the Southeast Asian market.

Macao and Singapore industry operators explore “tourism + MICE”

MGTO will lead a delegation of Macao’s travel trade to Singapore and organize the “Macao Tourism + MICE Product Updates Seminar & Travel Mart” on 25 April. Industry participants from Singapore will be introduced to the strengths of Macao’s tourism and MICE industries. A business networking session will also be held on site for the travel trade from both sides to connect and forge partnerships, in turn boosting mutual visitations.

Spectacular roadshow teems with “tourism +” in Macao

The mega roadshow in Singapore will be held at Suntec City Atrium (Convention Centre) from 25 – 28 April. Designed after Rubik’s Cube, a special space is created with colorful key visual that manifests the vibrant scene of Macao’s cultural diversity and harmony blended with the unique splendor of “tourism +”.

The roadshow will feature numerous themed booths and interactive games. The Economic Development Bureau of Hengqin, the six integrated resort enterprises from Macao and Air Macau will also run booths to promote their newest tourism facilities and products. Singaporean residents can experience Macao from a kaleidoscope of angles.

Multichannel promotional campaign reaches potential visitors

MGTO has progressively unfolded an array of promotional initiatives in advance in Singapore for the mega roadshow. A themed webpage (https://www.macaotourism.gov.mo/en/article/promotion/experience-macao-singapore-roadshow) is launched. Singaporean travel KOL, The Travel Intern, has started spotlighting the event on various platforms since early April. Starting this week, information about the roadshow has been released on radio, newspapers, light boxes, mega exterior LED screens of shopping centres as well as MGTO’s platforms on social media, which widens the event’s presence together with several KOLs’ promotions. It is hoped that the marketing campaign can attract more locals to the event for an experience of Macao’s “tourism +”, in turn boosting visitor arrivals from Singapore and Southeast Asia for international market development.

Average daily Singapore visitor arrivals increase twofold in the first quarter

At present, Singapore ranks as the eighth largest international visitor market for Macao. In the first quarter of 2024, there were 25,623 visitor arrivals from Singapore to Macao. The average daily volume of Singaporean visitors recovered to 82.6% of the level in the first quarter of 2019 and increased by 263.1% compared with the first quarter of 2023. Two airlines (Air Macau and Scoot) currently operate regular direct air service between Macao and Singapore with two flights daily.

Promotional events towards international markets

This year, MGTO actively rolls out mega promotional events. In addition to the mega roadshows in Tokyo and Singapore in March and April respectively, the Office will unfold more roadshows in Jakarta (Indonesia), Seoul (Korea), Bangkok (Thailand) and Kuala Lumpur (Malaysia) for a showcase of Macao’s “tourism +” offerings. To support industry partners to explore business opportunities, destination presentation and networking seminars will be held concurrently for the travel trade there. Moreover, MGTO will continue to engage in major regional and international travel fairs to raise Macao’s international profile and presence as a travel destination.

Enrich special offers to boost destination appeal

In celebration of the 25th anniversary of the Establishment of the Macao SAR, MGTO has launched the scheme “My Treats for You” of special travel offers for international visitors (from beyond the Greater China region). To attract international visitations to Macao, 250,000 gifts are rolled out including special offers on air tickets, cross-border transportation, hotel accommodation, dining, entertainment and show tickets. Targeting Singapore as a visitor market, MGTO partners with Air Macau and travel agencies in Singapore and Macao to launch different special offers to attract Singaporean visitors and expand the diversity of travel markets.

About Macao Government Tourism Office (MGTO)

Main Responsibilities of Macao Government Tourism Office

In accordance with Macao Special Administrative Region (Macao SAR) Government’s strategy of positioning and developing Macao as a World Centre of Tourism and Leisure, Macao Government Tourism Office (MGTO) serves as the public entity responsible for implementing, analyzing and assisting in formulating the tourism policies of the Macao SAR to enhance Macao’s reputation as a quality destination.

For more information, visit https://www.macaotourism.gov.mo/en/.

Media contact:
media@macaotourism.gov.mo

Beyond Centralization: Exploring a New Era at the World Blockchain Summit

DUBAI, Apr 23, 2024 – (ACN Newswire) – The first day of the 29th global edition World Blockchain Summit concluded in Dubai, marked by a surge in enthusiasm for the technology’s future in the MENA region. Hosted at the JW Marriott Hotel Marina, the two-day event brought together industry leaders and innovators, highlighting the seamless integration of blockchain solutions into real-world scenarios.

Despite the challenge due to weather conditions in Dubai, the event attendance was remarkable with its turnout, sparking lively discussions, setting a dynamic course for blockchain’s evolution in the MENA region. True to its reputation, the Summit assembled prominent thinkers and showcased groundbreaking ideas. It provided an unrivaled space for attendees to learn, connect, and forge strategic partnerships.

Day one was marked by rich dialogue, inspiring keynote addresses, and forward-thinking ideas poised to expedite the adoption of crucial blockchain trends across vital economic sectors including finance and supply chain management.

In an inspiring opening address, Naveen Bharadwaj, Trescon’s Group CEO, kicked off the summit with a warm welcome, prepping the audience for an immersive exploration of Web3 and the key issues defining the blockchain world

Wolfgang Grabher, Founder, CEO and Chairman, SUN AG, delivered a keynote on how blockchain technology is revolutionizing the food industry. Addressing how 100 per cent token burn gives you food for free while also shining the spotlight on how falling token prices can be a good thing.

The day also featured a compelling panel discussion on decentralized finance (DeFi), led by Maha Al-Saadi, Head of Regulatory Affairs, QFC Financial Services Sector. The discussion focused on DeFi’s transformative impact on the financial sector and the integration of blockchain technology into its development. Panelists including Neeraj Khandelwal, Co-founder of CoinDCX & Okto; Talal Tabbaa, CEO & Co-Founder of Coin MENA; and Bandar Altunisi, Head of Development for Binance in Saudi Arabia, Head of Institutional Relationships for Binance Dubai (FZE), Binance, explored the synergy between DeFi and traditional finance systems.

A highlight of the day was a lively panel debate titled ‘Crypto Payments Evolution: Charting the Course Through Latest Innovations.’, led by Kevin Soltani, CEO, GIMA group. The discussion focused on the rise of stablecoins while examining the rapid advancements in blockchain interoperability solutions in enabling seamless communication and data transfer between networks. Panelist Jehanzeb Awan, Chairman, Crypto & Blockchain Association, Middle East, Africa & Asia; Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC. Circle; Reece Merrick, Managing Director, Middle East & Africa. Ripple, explored the role of CBDCs in reshaping the future of payments.

“We’re excited to bring together leading blockchain minds for another edition of the World Blockchain Summit, shaping the future of the industry.” said Naveen Bharadwaj, CEO of Trescon, “The Summit showcased Dubai’s role as a breeding ground for innovation, driving global blockchain adoption.”

With Day 1 wrapping up successfully, anticipation builds for what Day 2 will unveil. For more details on the World Blockchain Summit, please visit: https://www.worldblockchainsummit.com/

The 29th edition of the World Blockchain Summit is supported by:

Strategic Partners – DIFC Innovation Hub , Dubai AI & Web3 Campus
Co-Host – Sun Minimeal
After Party Sponsor – Floxypay
Gold Sponsors – Cardano Foundation , Medifakt, Crypto2Cash, Anbruggen, Bitflex
Silver Sponsors- Kreation, Coingames, Reat Capital, ACM Finance , Website AI
Lanyard Sponsor- M2
Badge Sponsor – Ledn
Lunch Sponsor – Payper
Bronze Sponsor- BitGo, M2 , Block Convey, Genesis Digital Assets , Hedge , Golfin
Pitch Partners – Reat Capital , soukcola , MeAI , Zherpa , FidesInnova Labs
Exhibitors- DSQ Solutions , Reltime, Qoneqt , C# Corner , Islamic Dinar
Official Accommodation Partner- HotelPlanner
Ecosystem Partner – Entrepreneur Media
Business Broadcast Partner – CNBC Arabia
Official Newspaper Partner- The Fintech Times
Official Digital PR Distribution Partner – ZEX PR Wire
ABM Partner- Demandify
Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association
Prime Media Partner- Demandteq
Community Partner – Hyperledger Foundation

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

For media Inquiries or partnerships please get in touch with:
Shadi Dawi
PR & Partnerships Director
shadi@tresconglobal.com
+971 55 498 4989

Indonesia Ready to Lead Water Governance Transformation at the 10th World Water Forum

JAKARTA, April 23, 2024 – (ACN Newswire) – The Indonesian government, according to the Ministry of Public Works and Public Housing (PUPR), believes that the 10th World Water Forum, Bali 2024, will be able to generate political consensus among participating heads of state, and achieve the agreements necessary to address the global climate challenge.

The Forum, the largest gathering in the water sector, involves various stakeholders and is co-hosted by the World Water Council and a host city. Held every three years, it has been taking place since 1997, with participants from politics, multilateral institutions, academia, civil society and the private sector.

The Government of the Republic of Indonesia will host the 10th World Water Forum in Bali from 18–25 May 2024. The National Organizing Committee (NOC) is chaired by the Coordinating Minister for Maritime Affairs and Investment, Luhut B. Pandjaitan, while the Minister of Public Works and Public Housing (PUPR), Basuki Hadimuljono, will serve as Daily Chairperson.

This year’s Forum will be attended by numerous heads of state, with several former world leaders expressing their intention to be present, considering it necessary to attend. These include the former Presidents of Chile, Hungary, Slovenia, Malawi, Sri Lanka, and Costa Rica. The former Prime Ministers of Belgium, Korea, and Bhutan will also be present.

“With the Ministry of Foreign Affairs, we have been making efforts to ensure that as many world leaders are in attendance as possible,” said Endra S. Atmawidjaja, Expert Member, Ministry of PUPR, in Jakarta. “Indonesia has achieved success in water governance with local cultural approaches. The Forum involves the various stakeholders, and therefore benefits from best practices implemented by Indonesia, an example for the global community.

“For example, the Subak system in Bali, which has been recognized by UNESCO for its irrigation governance with local wisdom, or Lake Bratan, also in Bali. The Grand Forest Park (Tahura), and the importance of mangroves in supporting water management. These are examples that world leaders and delegates can directly observe,” said Endra.

“Domestic and international media are crucial, as they contribute to the forum’s success and serve as a bridge to disseminate the importance of water management for the sustainability of life in the future. We invite the media to observe and convey the many examples of water governance that we have implemented. From Indonesia to the world,” he added.

The 10th World Water Forum: Main Themes

The 10th World Water Forum in Bali will carry a main theme of “Water for Shared Prosperity.” This gathering of leaders will address and discuss water issues while seeking collective solutions to water governance challenges. The forum will produce a Ministerial Declaration (MD) as a main output, along with concrete deliverables (projects, initiatives, joint actions).

Indonesia will forward four proposals for the Ministerial Declaration (MD), including the establishment of a Centre of Excellence on Water and Climate Resilience (COE), mainstreaming Integrated Water Resources Management (IWRM) on Small Islands, and the designation of World Lake Day (WLD). Additionally, the MD will include a Compendium of Concrete Deliverables and Actions, an initiative for the follow-up to the 10th World Water Forum.

The World Water Forum & Expo: Bali Itinerary, May 18 ~ 25

The Forum’s opening will take place on Saturday, 18 May at Melasti Beach, with a “Balinese Water Purification Ceremony.” This event, to be attended by 1,500 people, includes Rahina Tumpek Uye (Balinese Hindu ceremony expressing gratitude to animals in human life) and Segara Kerthi (Balinese Hindu ceremony seeking blessings from the sea gods) ceremonies.

The Garuda Wisnu Kencana (GWK) Cultural Park will host the Welcoming Gala Dinner on Sunday, 19 May. The event will be attended by 2,500 people and will consist of 500 VVIP and VIP invitations. 2,000 people have been invited to attend the second location at GWK Lotus Pond.

The Opening Ceremony and High-Level Meeting commence on Monday, 20 May at the Bali International Convention Center (BICC), Nusa Dua. This will be followed immediately by meetings between responsible parties for the political, thematic, and regional processes, as well as bilateral meetings with several heads of state. 5,500 participants will attend.

The Forum’s Fair & Expo opening will be held at Nusa Dua Hall BNDCC on the same day, Monday, 20 May. The Fair & Expo venues will be spread across BNDCC, BICC, and Kuta Beach.

The sessions for political, thematic, and regional processes will be held from 20 – 25 May. Meanwhile, the High-Level Meetings and Ministerial Meetings will take place from 20 May to 21 May.

The Cultural Night (Farewell) will be held at Taman Bhagawan on Friday, 24 May. This event will be attended by 3,000 participants who will be welcomed and presented with Indonesian traditional food, regional dances, and culture.

Lastly, the Closing Ceremony will commence on Saturday, 25 May, at Mangupura Hall. After this event, participants will be taken on field trips, including the Water Museum in Tabanan, the UNESCO World Heritage Site of Jatiluwih, Lake Batur in Kintamani, and the Cultural Village in Ubud.

Visit The 10th World Water Forum: https://worldwaterforum.org.

Written by TR/Elvira Inda Sari/WW, ANTARA: https://en.antaranews.com.

Please contact:
Usman Kansong, +62 81 678 5320, Director General, Public Information and Communications, Ministry of Communications and Informatics (KOMINFO).
For more news and information, please visit https://infopublik.id.
Speakers and video conference materials at https://s.id/konpers.

GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR(R)

Brisbane, Queensland, Australia–(ACN Newswire – April 22, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to provide a business update on the commercialisation progress of THERMAL-XR® powered by GMG Graphene.

GMG and GMG’s THERMAL-XR® powered by GMG Graphene coating was awarded as Most Disruptive Technology Award and Best Chance for Market Success Award at the Data Center World Conference in Washington DC, USA on the 18^th April 2024. The Data Center World conference is a global industry event that combines real world, practitioner and thought leader expertise with in-depth research and data, and access to a full spectrum of solution providers looking to drive the industry forward.

To view an enhanced version of this graphic, please visit:
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Most Disruptive Technology Award is the award for the technology that the judges determine to have the best opportunity to create short-term positive market, sales, or customer service disruption among existing data center technologies. Best Chance for Market Success Award is the award for the technology that judges determine will be the most successful at creating revenue upside and profit for the startup company.

THERMAL-XR® provided a 15.4% improvement in energy efficiency in an Aviation IT Data Center in Singapore:

To view an enhanced version of this graphic, please visit:
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End-user Customer Engagement in the USA is ongoing with North America Distribution Partner Nu Calgon, which is known as the largest specialty chemical provider to the HVACR market in North America. Nu-Calgon has a 37 person sales team with approximately 4000 distribution points. Nu-Calgon’s Cool Worx powered by GMG Graphene was introduced to the North American HVACR industry at the AHR Expo in January 2024. As previously announced Thermal XR provided a 36.7% reduction in energy when demonstrated at the High School Gymnasium, Harlingen Texas on a 30 ton Aaon packaged rooftop air-conditioning system.

GMG and Nu Calgon are reviewing and progressing next steps for its THERMAL-XR® re-submission for its USA Environmental Protection Agency’s (EPA) approval with a full Pre-Manufacture Notice (PMN) to import and sell in the USA as previously announced.

GMG has also received its first order for THERMAL-XR® production coating trials from an Air Conditioner Manufacturer in China and is in discussions about product testing with various other Air Conditioner Manufacturers in both China and USA.

GMG has successfully completed the THERMAL-XR® coating project work at a number of Beach Front Hotels including the five star eco-resort Elements of Byron where the main targeted benefit is corrosion resistance for both the condenser coils and the outside air conditioner casing. Please see customer testimonial from the hotel owner: https://graphenemg.com/thermal-xr-testimonial-by-elements-of-byron/

To view an enhanced version of this graphic, please visit:
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Based on the success of these projects, GMG has focused a sales campaign targeting the sale of THERMAL-XR® to Queensland and New South Wales based coastal hotels and resorts given their air conditioners are often found to fail faster due to more aggressive corrosion from the sea air. GMG’s THERMAL-XR® can provide high Corrosion Protection whilst potentially providing energy savings for their HVAC equipment. Under third party laboratory re-testing conducted by Industrial Inspection & Analysis in St. Louis Missouri USA, THERMAL-XR® has now successfully achieved 10,000 hours salt sea spray testing.

To view an enhanced version of this graphic, please visit:
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GMG has also received an order to complete the remaining two stages of the Australian micro-Liquefied Natural Gas (LNG) plant GMG supplied and coated THERMAL-XR® in 2022 after successfully increasing production capacity approximately 16% on the initial gas cooling stage of the LNG plant.

To view an enhanced version of this graphic, please visit:
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GMG has received an order for THERMAL-XR® from a global Train Manufacturer to carry out supply and service of the product on train air conditioning systems in China after initial successful testing. In addition, GMG is also testing THERMAL-XR® with a global Truck Manufacturer for radiator and other equipment application trials.

Tim Edwards, Head of Sales is leading these activities for the Company with a key focus on driving sales in the HVAC market with significant experience and industry knowledge. Mark Lock, Global Key Account Manager has retired from GMG and the Company thanks Mark for his significant contributions in progressing THERMAL-XR®.

GMG’s Managing Director and CEO, Craig Nicol, commented: “The progress GMG is making with THERMAL-XR® is exciting. The various types of industries that are now trialling and in some case ordering the product including after-market air conditioning, data centres, air conditioner manufacturers, truck and train manufacturers and industrial facilities such as LNG plants.”

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications.

The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving coating), lubricants and fluids.

In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

GMG’s 4 critical business objectives are:

Produce Graphene and improve/scale cell production processes
Build Revenue from Energy Savings Products
Develop Next-Generation Battery
Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

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

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding customer engagement in the USA, the review and progression of the Company’s EPA approval with a PMN, discussions with air conditioner manufacturers in Chian and the USA, the benefits of THERMAL-XR®, and the testing of THERMAL-XR® with a global truck manufacturer.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to customer engagement in the USA continuing with Nu Calgon, the Company re-submitting an application to the EPA for approval with a full PMN, that discussions and product testing with various air conditioner manufacturers in the USA and China will continue, that THERMAL-XR® can provide high corrosion protection while potentially providing energy savings for HVAC equipment, and that GMG will continue testing THERMAL-XR® with a global truck manufacturer for radiator and other equipment application trials.

Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that GMG and Nu Calgon will not continue with end-user customer engagement in the USA, that GMG will not re-submit an application to the EPA for approval with a full PMN, or that the Company’s submission to the EPA will not be approved, that discussion with air conditioner manufacturers in China and the USA will not continue, that THERMAL-XR® will not provide the benefits expected by management to HVAC equipment, that the testing of THERMAL-XR® with a global truck manufacturer for radiator and other equipment application trials will not continue, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 12, 2023 available for review on the Company’s profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206431

Molecular Farming Company to Achieve USDA Approval for Plant-Grown Animal Proteins

Luxembourg, Apr 22, 2024 – (ACN Newswire) – Moolec Science SA (NASDAQ:MLEC)(“The company”), a Molecular Farming food-ingredient company, announced today that the Animal and Plant Health Inspection Service (“APHIS”) of the U.S. Department of Agriculture (“USDA”) has concluded its Regulatory Status Review (“RSR”) for Moolec’s genetically engineered (“GE”) soybean Piggy Sooy™. See post online here: https://www.aphis.usda.gov/sites/default/files/23-234-01rsr-response.pdf [1].

USDA Piggy Sooy

The USDA-APHIS RSR determines that Moolec’s genetically engineered soybean, accumulating animal meat protein, is unlikely to pose an increased plant pest risk relative to non-engineered soybeans. Therefore, it is not subject to the APHIS regulation that governs the movement of organisms modified or produced through genetic engineering (as described in 7 CFR part 340).

“Moolec embraced Nasdaq’s slogan ‘Rewrite Tomorrow’ and took it literally! We achieved an unprecedented milestone in biotechnology with the first-ever USDA-APHIS approval of this kind,” stated Gastón Paladini, Moolec Science’s CEO & Co-Founder. “We are unlocking the power of plants by leveraging science to overcome climate change and global food security concerns. I am very proud of the Moolec team, creating value for shareholders and the planet at the same time.”

This milestone reinforces Moolec’s B2B go-to-market strategy for Piggy Sooy™ product, an innovative, functional, and nutritious ingredient. By adding a well-known animal meat protein (porcine myoglobin) to the standard soybean proteins, the company expects to provide food manufacturers with a unique ingredient that will have a positive carbon and water footprint.

Martin Salinas, Chief of Technology & Co-Founder at Moolec, enthusiastically announced: “We believe this milestone sets the stage for a revolution in the food-industrial biotech landscape, paving the way for expedited adoption of Molecular Farming technology by other industry players. Also, this compelling advancement signifies a stride in enhancing our operational efficiency, transforming our methods of raw material sourcing, and optimizing our downstream crushing and processing operations.”

In June 2023, the company announced that Piggy Sooy™ seeds had achieved high levels of expression of pork protein (up to 26.6% of the total soluble protein) and had patented their technology. The company clarifies that Piggy Sooy™ development is set to keep moving forward completing the necessary consultation with the United States Food and Drug Administration (“FDA”). Moolec declares to be engaged in the consultation process with the FDA, representing the next pivotal regulatory milestone preceding the commercial availability of Piggy Sooy™ ingredient.

About Moolec Science SA

Moolec is a science-based ingredient company leader in the use of Molecular Farming technology for food and dietary supplementation markets. The Company’s mission is to create unique food ingredients by engineering plants with animal protein genes. Its purpose is to redefine the way the world produces animal proteins, for good and for all. Moolec’s technological approach aims to have the cost structure of plant-based solutions with the nutrition and functionality of animal-based ones. Moolec’s technology has been under development for more than a decade and is known for pioneering the production of a bovine protein in a crop for the food industry. The Company’s product portfolio and pipeline leverages the agronomic efficiency of broadly used target crops, like soybean, pea, and safflower to produce oils and proteins. Moolec also has an industrial and commercial R&D capability to complement the company’s Molecular Farming technology. Moolec secures a growing international patent portfolio (25+, both granted and pending) for its Molecular Farming technology. The Company is run by a diverse team of Ph.Ds and Food Insiders, and operates in the United States, Europe, and South America. For more information, visit moolecscience.com and ir.moolecscience.com.

Forward-Looking Statements

This press release contains “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to performance, prospects, revenues, and other aspects of the business of Moolec are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec’s business and other risks and uncertainties, including those included under the header “Risk Factors” in Moolec’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”), as well as Moolec’s other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.

Contacts:
Press & Media inquiries: comms@moolecscience.com
Investor Relations inquiries: MoolecIR@icrinc.com | ir@moolecscience.com

[1] In the first paragraph of the USDA-APHIS online response letter, please note that the term “gene editing” should be understood as “genetic engineering” due to an unintentional error that may be addressed in the coming days.

Contact Information
Catalina Jones
Chief of Staff & Sustainability
comms@moolecscience.com

Investor Relations
ir@moolecscience.com

SOURCE: Moolec Science

View the original press release on newswire.com.

The South China Sea: A Nuanced Understanding Required

KUALA LUMPUR, Apr 22, 2024 – (ACN Newswire) – Leading regional commentator, and analyst, Eddin Khoo, and Crisis Management Centre founder, Nordin Abdullah, are starting a series of talks in the ASEAN region on issues around the South China Sea. The objective of these talks is to achieve a nuanced understanding of the activities surrounding this critical waterway and the potential impact on the corporate sector.

The Malaysia Global Business Forum (MGBF) in collaboration with the Crisis Management Centre will be hosting the first talk in this series in Kuala Lumpur, Malaysia, on Wednesday (24 April), titled ‘The South China Sea: Central to ASEAN’s Business Future?’.

Eddin Khoo, a renowned writer, said, “As we approach the half-century anniversary of that most defining of global events – the end of the Vietnam War, the region of the South China Sea appears to be drawn back, whether of its own volition or not, to superpower tensions.”

“Since the end of the Vietnam war, much of this region has devoted itself to economic development, emerging as one of the principal regions for the inflow of capital anywhere in the world, especially in that once lauded period termed ‘The Age of Globalisation’.

“As the period of the end of the age of globalisation is at once cautioned and heralded, and as the South China Sea is marked for a period of superpower contestation, how much, in these past five decades, has the region been able to ‘state a case for itself’?” continued Eddin.

The South China Sea handles roughly USD3.37 trillion in global trade annually, and is crucial for multinational corporations; however, territorial disputes often threaten trade routes and livelihoods dependent on its resources.

Nordin Abdullah said, “Everyone is aware of the obvious geographical choke points. The media have hyped up the spectres of single points of failure in global supply chains and past Black Swan events have produced volumes of analysis laden with hindsight bias.”

“Most bilateral and multilateral efforts relating to activities in the South China Sea are largely government to government. Yet it will be the corporate sector that is impacted first if any significant disruption takes place,” he continued.

Through ancient history, South East Asian nations were connected by extensive maritime trade networks. Trade routes such as the Maritime Silk Road facilitated the exchange of goods, ideas, and technologies among the numerous kingdoms and empires in the region.

Regional geopolitical tensions could disrupt maritime activities, impacting communities and millions employed in industrial activities dotted along the shores. Effective risk mitigation and crisis response strategies are imperative for corporations investing and operating in the area.

Nordin, who is also the MGBF founding chairman, concluded, “Simple diametrically opposed broad-stroke narratives are no longer sufficient for the corporate sector. A nuanced understanding is required for every organisation in any given jurisdiction. To achieve any level of anticipation, let alone foresight leadership, teams need to work through the data and conduct effective scenario planning.”

Businesses operating in the South China Sea must diversify supply chains, invest in alternative transportation routes, and engage in corporate diplomatic initiatives to safeguard their interest. These will be amongst matters discussed and addressed during the lunch talk in Kuala Lumpur, including the dynamic relationship between business and politics in ASEAN, and how corporations with regional and global supply chains manage potential threats.

The lunch talk will be an in-person event and requires pre-registration. The participation fee is RM138 per person. A special price of RM88 is available for members of the Malaysia Australia Business Council (MABC) and other partner chambers.

For more information, visit this event page on Malaysia Global Business Forum’s website: www.MalaysiaGlobalBusinessForum.com.

About Malaysia Global Business Forum

The Malaysia Global Business Forum (MGBF) was established to empower stakeholders at the intersection of international and Malaysian business. Through government relations, business intelligence, advocacy, media engagement, market research, networking, advisory and business matching, MGBF will continue to explore threats and opportunities with industry leaders and policy makers to ensure that Malaysia becomes a leader in the context of Asia.

For more information, visit www.MalaysiaGlobalBusinessForum.com.

About Crisis Management Centre

The Crisis Management Centre was established to empower individuals, corporations, industry associations and governments to effectively deal with all aspects of crisis. The Crisis Management Centre has been able to pioneer several ground-breaking concepts in the field of crisis management including the “Reputation-Revenue Dynamic”, which is a data-driven, community and communications framework for addressing areas of concern, crisis, and conflict.

For more information, visit www.crisismanagementcentre.com.

For media enquiries, contact:
Sofea Zarina
Assistant Manager, Public Relations
Glenreagh Sdn Bhd
E: sofea@glenreagh.net
W: http://www.glenreagh.net

foundit becomes the Official Talent Partner of the Badminton World Federation (BWF)

SINGAPORE, Apr 22, 2024 – (ACN Newswire) – foundit, a leading talent platform in APAC & the Middle East, today announced its partnership with the Badminton World Federation (BWF). This strategic collaboration aims to amplify foundit’s brand presence while championing the spirit of excellence embodied by badminton players worldwide.

The partnership was unveiled during a global virtual media meet in the presence of Sekhar Garisa, CEO foundit, Saurabh Srivastava, CMO foundit, Thomas Lund, Secretary General, BWF, Owen Leed, Director of Commercial and Communications, BWF. As the governing body for badminton, BWF oversees prestigious events such as the Thomas and Uber Cup, Sudirman Cup, and World Tour Events, boasting a global fan base exceeding 700 million.

Through this collaboration with BWF, foundit aims to tap into the excitement and passion surrounding badminton, one of the most followed and played sports. This partnership will enhance foundit’s brand presence and enable it to connect with a diverse audience of job seekers and employers across various industries. foundit will be the Official Talent Partner for 20 significant championships throughout the year, including the highly anticipated Thomas & Uber Cups, All England Open, Malaysia Open, Singapore Open, and the India Open.

Speaking about the partnership, Sekhar Garisa, CEO of foundit, emphasised the shared values of agility, perseverance, and pursuit of excellence that unite badminton players and foundit. “This partnership is a testament to foundit’s unwavering commitment to enabling and connecting the right talent with the right opportunities. Badminton’s immense popularity in our core markets, particularly among young professionals, makes this partnership a powerful tool for engaging with the millions of job seekers and recruiters across the markets.” he added.

Commenting on the association, Thomas Lund, Secretary General/COO, BWF, said, “We are thrilled to partner with foundit, a leading talent platform that shares our passion for excellence and talent development. Badminton is a sport built on dedication, hard work, and the pursuit of success — values that resonate deeply with foundit’s mission. By joining forces, we aim to inspire individuals to reach their full potential and make a lasting impact in their careers.”

foundit further aims to partner with grassroots academies and badminton players from India and Southeast Asia, reflecting its dedication to nurturing talent from grassroots to elite levels. By effectively leveraging these associations, foundit aims to inspire individuals to achieve their full potential in professional pursuits.

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. In addition to a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 90 million job seekers across 18 countries in upskilling and connecting them with the right job opportunities. Over the last two decades, the company has been a leader in the world of recruitment solutions and has recently launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is 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-personalised job searches and offer precision hiring. Additionally, foundit has been recognised as a Great Place To Work, reflecting its dedication to fostering a supportive and dynamic work culture.

About BWF

The Badminton World Federation (BWF) is the international governing body of the sport of badminton, recognised by the International Olympic Committee (IOC) and the International Paralympic Committee (IPC). It was originally the International Badminton Federation (IBF) which was founded on 5 July 1934, before being rechristened the Badminton World Federation in 2006. The purpose and objectives of BWF include regulating, promoting, developing, and popularising the sport of badminton throughout the world and organising, conducting, and presenting international events at the highest level. The BWF’s vision is to make badminton a leading global sport accessible to all – giving every child a chance to play for life. Its mission is to lead and inspire all stakeholders; to deliver entertainment through exciting events to drive fan experience; and to create innovative, impactful, and sustainable development initiatives. BWF has its headquarters in Kuala Lumpur, Malaysia, with 201 Member Associations worldwide. Poul-Erik Høyer is the BWF President, and Thomas Lund is the BWF Secretary General.

Websites: www.badminton.sport and www.bwf.sport

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