Loop Industries Announces Its Loop(TM) Branded PET Resin Is Compliant for Pharmaceutical Industry Packaging Applications

MONTREAL, QUEBEC, Dec 13, 2023 – (ACN Newswire) – Loop Industries, Inc. (NASDAQ:LOOP) (the “Company” or “Loop”), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (“PET”) plastic and polyester fiber, today announced that its Loop™ branded PET resin has been tested and is compliant for use in packaging applications in the pharmaceutical industry.

The rigorous requirements and standards outlined by the United States Pharmacopeia (USP <661.1>, Plastic Materials of Construction) and the European Pharmacopeia (Ph.Eur. 3.1.15, Polyethylene Terephthalate for Containers for Preparations not for Parenteral Uses) ensure that materials used in pharmaceutical packaging maintain the highest levels of integrity and do not compromise the safety and efficacy of the enclosed products. Test results executed by a worldwide leader in laboratory testing services confirm that Loop’s PET resin has successfully met these requirements, opening new possibilities for sustainable packaging solutions in the pharmaceutical industry.

The pharmaceutical industry is increasingly recognizing the importance of adopting sustainable practices and materials to reduce its environmental impact. Loop’s 100% recycled virgin quality PET can help support pharmaceutical companies with a sustainable packaging alternative and address the growing demand for environmentally responsible choices in the industry.

In addition to pharmaceutical packaging applications, Loop™ branded PET resin is also suitable for use in food-grade packaging, cosmetic packaging and polyester fiber textile applications.

“Our Infinite Loop™ technology upcycles the lowest quality PET and polyester fiber waste into 100% recycled PET resin of the highest purity, meeting the strict standards of the pharmaceutical industry”, said Adel Essaddam, Vice President of Science and Innovation. “Loop™ PET resin creates circularity for low value waste while reducing greenhouse gas emissions and can save up to 360,000 tonnes of CO2 per year compared to virgin PET made from fossil fuels1”, he added.

Daniel Solomita, Founder and CEO of Loop Industries, commented “This validation further reaffirms the quality and purity of our 100% recycled virgin quality PET and we are proud to offer a sustainable packaging solution that meets the demanding standards of the pharmaceutical industry.”

1 Source: Life Cycle Assessment of Loop GEN II Infinite Loop™ France done by Franklin Associates, a division of ERG, compares kg for kg Loop PET vs. Virgin PET. CO2 savings are based on a 70,000 tonne Loop facility and are compared to the production of virgin PET made from fossil fuels and the avoided incineration of waste used as a feedstock.

About Loop Industries

Loop Industries is a technology company whose mission is to accelerate the world’s shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.

Common shares of the Company are listed on the NASDAQ Global Market under the symbol “LOOP.”

For more information, please visit www.loopindustries.com. Follow Loop on Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop Industries

Forward-Looking Statements

This news release contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “should,” “could,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or “continue” the negative of such terms or similar words. These forward-looking statements include, without limitation, statements about Loop’s market opportunity, its strategies, ability to improve and expand its capabilities, competition, expected activities and expenditures as Loop pursues its business plan, the adequacy of its available cash resources, regulatory compliance, plans for future growth and future operations, the size of Loop’s addressable market, market trends, and the effectiveness of Loop’s internal control over financial reporting. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with among other things: (i) commercialization of our technology and products, (ii) our status of relationship with partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) engineering, contracting, and building our manufacturing facilities, (vii) our ability to scale, manufacture, and sell our products in order to generate revenues, (viii) our proposed business model and our ability to execute thereon, (ix) our joint venture projects and our ability to recover certain expenditures in connection therewith, (x) adverse effects on the Company’s business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (xi) disease epidemics and other health-related concerns and crises, which could result in reduced access to capital markets, supply chain disruptions and scrutiny, embargoing of goods produced in affected areas, government-imposed mandatory business closures and any resulting furloughs of our employees, government employment subsidy programs, travel restrictions or the like to prevent the spread of disease, or market or other changes that could result in non-cash impairments of our intangible assets, and property, plant and equipment, (xii) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xiii) the outcome of any SEC investigations or class action litigation filed against us, (xiv) our ability to hire and/or retain qualified employees and consultants, (xv) other events or circumstances over which we have little or no control, and (xvi) other factors discussed in Loop’s subsequent filings with the Securities and Exchange Commission (“SEC”). More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop’s filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For More Information:
Investor Relations:
Kevin C. O’Dowd, VP Communications & Investor Relations
Loop Industries, Inc.
+1 617-755-4602
kodowd@loopindustries.com

Media Inquiries:
Andrea Kostiuk, VP Marketing & Communications
Loop Industries, Inc.
+1 (450) 951-8555
akostiuk@loopindustries.com

Q2 Metals Confirms Discovery of 8 New Mineralized Pegmatite Zones with Assay Results from Its 2023 Mapping and Sampling Program at the Mia Lithium Property

Highlights:

Validation of Eight (8) new mineralized discoveries including:
- The new MIA-3 Zone with six (6) samples averaging 1.50% Li₂O
- The new MIA-5 Zone with three (3) samples averaging 0.78% Li₂O
- The new MIA-8 Zone with nine (9) samples averaging 2.07% Li₂O
- The new MIA-9 Zone with three (3) samples averaging 1.90% Li₂O
Five (5) spodumene-bearing boulders discovered beside the Carte Zone.
Twenty-six (26) samples from the Mia Trend returned lithium assays above 1.00% Li₂O.
Eleven (11) mineralized zones have now been defined along the Mia Trend.
Field sampling assays have identified new spodumene bearing pegmatites and continue to confirm mineralization throughout the > 10 km long Mia Trend.
Discovery of a new trend (Lady Trend) approximately 1.2 km south and parallel to the Mia Trend.
Q2 remains well funded which will enable the Company to focus on advancing the new lithium pegmatite discoveries at the Mia Property.

Vancouver, British Columbia–(ACN Newswire – December 13, 2023) – Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) (“Q2” or the “Company“) is pleased to announce the results from the 2023 surface exploration program on its wholly owned, 8,668-ha Mia Lithium Property (the “Property” or “Mia Property“) located in the Eeyou Istchee James Bay Territory of Quebec. The Property is host to the approximately 10-kilometre-long Mia Lithium Exploration Trend (the “Mia Trend“) and is situated proximal to major hydro-powerline and all-season road infrastructure.

Due to the extreme wildfires in northern Quebec this past summer, the Company completed an abbreviated prospecting, mapping and rock sampling program from September 1 to September 15 at the Property (see news releases of September 13 and 27, 2023). A total of 219 samples were collected during the two weeks and the field work resulted in the discovery of eight (8) new mineralized zones.

“The results of our ground mapping and sampling campaign highlight the considerable potential of the Mia Property and we were able to make several new lithium discoveries in a short amount of time,” said Q2 Metals VP of Exploration, Neil McCallum. “These new discoveries present many additional drill targets on the Mia Trend. We are rapidly advancing the Mia Property and are well into our inaugural 10,000 metre drill campaign testing these new mineralized zones.“

The Mia Trend continues to remain the Company’s primary focus with 11 defined mineralized zones (Figures 1 and 2). Table 1 summarizes the results collected from each zone for samples that contain greater than 100 ppm Li.

The mineralized Mia Trend now includes:

The new MIA-3 Zone with six (6) samples averaging 1.50% Li₂O and 131 ppm Ta₂O₅.
The new MIA-5 Zone with three (3) samples averaging 0.78% Li₂O and 126 ppm Ta₂O₅.
The new MIA-8 Zone with nine (9) samples averaging 2.07% Li₂O and 30 ppm Ta₂O₅.
The new MIA-9 Zone with three (3) samples averaging 1.90% Li₂O and 66 ppm Ta₂O₅.
The previously known MIA-1 Zone with six (6) samples averaging 1.8% Li₂O and 40 ppm Ta₂O₅.
The previously known MIA-2 Zone with eight (8) samples averaging 1.17% Li₂O and 31 ppm Ta₂O₅.
The previously known Carte Zone with two (2) samples averaging 1.68% Li₂O and 51 ppm Ta₂O₅.

Minimal field work was completed at the Bruce Trend to the north and a new high-priority trend (the “Lady Trend“) located to the south of the Mia Zone during the program. The geochemical results (tantalum, rubidium and cesium) from both the Bruce Trend and the Lady Trend affirm each trend as being prospective for lithium-bearing LCT-style pegmatite mineralization.

The Bruce Trend contains three (3) samples with background lithium, but elevated tantalum (up to 70.2 ppm Ta₂O₅), rubidium (2,470 ppm Rb) and cesium (64.7 ppm Cs). One pegmatite sample contains a potassium-rubidium ratio of 16.2.

The newly discovered pegmatite on the Lady Trend, located approximately 1.2 km south and parallel to the Mia Zone, contains three (3) samples with anomalous geochemistry. One (1) sample contains elevated lithium (214 ppm Li), and another contains elevated tantalum (up to 75.3 ppm Ta₂O₅), rubidium (582 ppm Rb) and cesium (32.6 ppm Cs). One pegmatite sample contains an anomalous potassium-rubidium ratio of 40.3.

Immediately beside the Carte Zone, five (5) spodumene-bearing boulders were discovered (Figure 2). With the understanding that the glacial transport direction is from the northeast- to the southwest, the preliminary interpretations of these boulders are that:

They are sourced from MIA-10, being the only known other mineralized zone to the northeast; or
There is a new and as-yet to be discovered zone present to the northeast.

Elevated cesium (Cs), rubidium (Rb) and tantalum (Ta) are considered indicator elements that the pegmatites are highly fractionated and thus likely to contain lithium nearby. Potassium-rubidium (K/Rb) ratios have also been an effective tool to map out the level of fractionation of pegmatites. Together, these indicator elements (Cs, Rb, Ta) and K/Rb ratios have been an incredibly useful tool to vector towards lithium mineralized zones in spodumene-pegmatite districts.

Follow-up work will be conducted on the Bruce Trend, the Lady Trend and the spodumene bearing boulders adjacent to the Carte Zone during the spring/summer 2024.

Figure 1. 2023 Sampling Summary, West End

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Figure 2. 2023 Sampling Summary, East End

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Table 1 Summary of Elevated Lithium Samples from September 2023 Fieldwork

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https://images.newsfilecorp.com/files/1454/190859_4851de5da494eab4_006full.jpg

The Company’s inaugural drill program commenced on October 23, 2023 with two drill rigs testing the nearly 10-kilometre-long Mia Trend.

The Company announced the details of the first five drill holes that had been processed and sent to the assay lab on November 16, 2023. All drill holes intercepted pegmatite with visual indications of spodumene mineralization.

Q2 remains well funded, which will enable the Company to focus on advancing the new lithium pegmatite discoveries at the Property.

Sampling, Analytical Methods and QA/QC Protocols

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

Management cautions that prospecting surface rock samples and associated results, as discussed herein, are selective by nature and therefore may not necessarily be fully representative of the mineralized horizon sampled.

Qualified Person

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

About Q2 Metals Corp

Q2 Metals Corp. is a Canadian mineral exploration company currently advancing exploration of its 8,668-ha flagship Mia Lithium Property in the Eeyou Istchee James Bay Territory of Quebec, Canada which is host to the Mia Li-1 and Mia Li-2 lithium occurrences. The Company also owns the Stellar Lithium Property with 77 claims totaling 3,972-ha, located approximately six kilometres north of its Mia Lithium Property.

Q2 is also exploring the highly prospective Big Hill and Titan gold projects covering approximately 110 km² in the Talgai Goldfields of the broader Warwick-Texas District of Queensland, Australia. The Big Hill Gold Project is host to 54 high-grade historical gold mines.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne
President & CEO
Alicia@Q2metals.com

Jason McBride
Corporate Communications
Jason@Q2metals.com

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

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

Forward-Looking Statements

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

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

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

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

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China Medical System: 4 Products Have Been Newly Included or Continued to be Included in the NRDL

– Innovative drugs VALTOCO (Diazepam Nasal Spray)ï¼ŒILUMETRI (Tildrakizumab Injection) and rare disease drug Tetrabenazine Tablets have been newly included in China’s National Reimbursement Drug List(NRDL), XinHuoSu (Recombinant Human Brain Natriuretic Peptide for Injection) has continued to be included in NRDL.

– China Medical System actively responds to national policies to promote innovative products to be included in the NRDL. Up to now, 3 innovative drugs that have been approved for marketing (Diazepam Nasal Spray, Tildrakizumab Injection and Methotrexate Injection-psoriasis) have all been included in the NRDL, further improving the accessibility and affordability of the drugs and allowing innovative products to benefit more patients.

– The new/continued inclusion of the 4 products in the NRDL will be conducive to promoting the market coverage of the products and building professional brand power, and will have a positive effect on CMS’s business development.

SHENZHEN, Dec 13, 2023 – (ACN Newswire) – China Medical System Holdings Limited is pleased to announce that according to a notice issued by National Healthcare Security Administration and the Ministry of Human Resources and Social Security of the People’s Republic of China on 13 December 2023, innovative drugs Diazepam Nasal Spray (VALTOCO) and Tildrakizumab Injection (ILUMETRI) and rare disease drug Tetrabenazine Tablets have been newly included in category B of China’s National Reimbursement Drug List for Basic Medical Insurance, Work-Related Injury Insurance and Maternity Insurance (2023 Version) (the “National Reimbursement Drug List”) and Recombinant Human Brain Natriuretic Peptide for Injection (XinHuoSu) has continued to be included in category B of the National Reimbursement Drug List, which shall be officially implemented from 1 January 2024. In addition, innovative drug Methotrexate Injection (Metoject) indicated for psoriasis approved in March 2023 has been included in category A of the National Reimbursement Drug List.

Basic Information of the Products

VALTOCO (Diazepam Nasal Spray)

VALTOCO has been approved for marketing in China in June 2023. It is the first nasal spray formulation of diazepam in China and the first drug approved in China for the treatment of seizure clusters. VALTOCO is indicated for the acute treatment of intermittent, stereotypic episodes of frequent seizure activity (i.e. seizure clusters, acute repetitive seizures) that are distinct from a patient’s usual seizure pattern in patients with epilepsy 6 years of age and older.

VALTOCO is a proprietary formulation of diazepam administered through the nasal mucosa with high bioavailability, outstanding absorbability, tolerance and reliability. VALTOCO has a unique combination of Vitamin E-based solvents and Intravail® absorption enhancer. Intravail® transmucosal absorption enhancement technology enables the non-invasive delivery of a broad range of proteins, peptides and small-molecule drugs. VALTOCO is administered intranasally. Under prescription from a doctor and guidance from medical staff, VALTOCO can be administered anytime and anywhere with a rapid onset of action. It has the differentiated advantages of seizure rescue and convenient administration, meeting the current clinical need of acute treatment of domestic epilepsy patients with cluster seizures.

CMS was assigned the relevant assets of VALTOCO for the exclusive use of such assets in the Territory (mainland China, Hong Kong, Macau, Taiwan, and Singapore) from A&B (HK) Company Limited through an asset assignment and exclusive license agreement with Neurelis, Inc., a U.S. company.

ILUMETRI (Tildrakizumab Injection)

ILUMETRI has been approved for marketing in China in May 2023. It is indicated for the treatment of adults with moderate-to-severe plaque psoriasis who are candidates for systemic therapy or phototherapy. ILUMETRI is a humanized lgG1/κ monoclonal antibody designed to selectively bind to the p19 subunit of interleukin-23 (IL-23) and inhibit its interaction with the IL-23 receptor, leading to inhibition of the release of pro-inflammatory cytokines and chemokines.

The results of the extended study of Phase III clinical trial in China demonstrated that the primary efficacy assessment indicator PASI 75 response rate continued to increase over treatment time. The PASI 75 response rate reached a high level after 28 weeks of treatment with ILUMETRI and maintained at 91.3% at week 52, and ILUMETRI showed good long-term safety and tolerance. ILUMETRI only requires 4 administrations per year over maintenance period, which may result in higher patient compliance.

CMS obtained an exclusive license for ILUMETRI from Sun Pharmaceutical Industries Ltd. in June 2019.

Tetrabenazine Tablets

Tetrabenazine Tablets has been approved for marketing in China in May 2023. It is indicated for the treatment of Huntington’s disease. Tetrabenazine tablets, as a first-line drug for Huntington’s disease, is expected to provide another more accessible and affordable drug option for patients with the rare disease.

CMS obtained an exclusive license for Tetrabenazine Tablets from Sun Pharmaceutical Industries Ltd. in August 2019.

XinHuoSu (Recombinant Human Brain Natriuretic Peptide for Injection)

XinHuoSu is the only Recombinant Human Brain Natriuretic Peptide (rhBNP) medicine available in the Chinese market and is indicated for the treatment of acute decompensated heart failure. XinHuoSu can quickly ease the symptoms and signs of heart failure in patients with heart failure and improve the quality of life of patients. It has been recommended by multiple authoritative guidelines and consensus.

XinHuoSu is owned and manufactured by a wholly-owned subsidiary of Tibet Rhodiola Pharmaceutical Holding Company (a company listed on the Shanghai Stock Exchange with stock code: 600211) (the “Tibet Pharmaceutical”). CMS holds approximately 37.36% of the shares of Tibet Pharmaceutical. CMS obtained the exclusive sale and distribution right of XinHuoSu from Tibet Pharmaceutical in March 2008.

Impacts on the Company

CMS actively responds to national policies to promote innovative products to be included in the National Reimbursement Drug List. Up to now, three innovative drugs that have been approved for marketing (VALTOCO, ILUMETRI and Metoject) have all been included in the National Reimbursement Drug List, further improving the accessibility and affordability of the drugs and allowing innovative products to benefit more patients. At the same time, the new/continued inclusion of the four products in the National Reimbursement Drug List will be conducive to promoting the market coverage of the products and building professional brand power, and will have a positive effect on CMS’s business development.

Media Contact
Brand: China Medical System Holdings Ltd.
Contact: CMS Investor Relations
Email: ir@cms.net.cn
Website: https://web.cms.net.cn/en/home/

How Does Refinancing a Mortgage Work?

SINGAPORE, Dec 13, 2023 – (ACN Newswire) – In an ever-changing interest rate environment, homeowners in Singapore may consider refinancing their home loans to reduce their monthly mortgage monthly repayments. What exactly does refinancing your home loan entail? In simple terms, mortgage refinancing involves replacing your existing home loan with a different loan from another bank. Keep reading to find out how to refinance your home loan in Singapore.

How Does Refinancing a Mortgage Work?

When you apply for mortgage refinancing with a new bank, the bank will review information like your income, credit score and assets to determine if you fulfil the refinancing requirements. If you’re deemed eligible for mortgage refinancing, your application will be approved, and the new bank will proceed to pay off the existing loan with your previous lender. You will now service your mortgage with the new lender under the terms of the new loan agreement.

When should you refinance your home loan

You may consider refinancing your home loan if you are paying a higher interest rate on your existing loan than the prevailing interest rate. By switching to a loan with a lower interest rate, you can potentially lower your monthly mortgage monthly repayments. If you wish to change your loan tenure or release equity from your home, mortgage refinancing may be an option worth exploring.

That said, bear in mind that there are crucial considerations before deciding to refinance your home loan:

Lock-in period: Home loans typically come with a lock-in period, during which the borrower is contractually obliged to commit to the loan agreement in exchange for a specific interest rate or promotional term. If you wish to refinance or pay off your loan in full during the lock-in period, you may incur hefty penalties. Hence, it is always prudent to check if your existing home loan is still within the lock-in period.

Early redemption fees: You may be liable for early redemption penalties if you pay off your existing home loan earlier than the final repayment date.

Legal and valuation fees: If you wish to refinance your mortgage loan, you may be required to reimburse your lender for subsidies and rebates offered at the start of your existing home loan, such as legal and valuation fees.

Total Debt Servicing Ratio (TDSR): The Total Debt Servicing Ratio (TDSR) refers to the percentage of a borrower’s monthly income used to repay monthly debt obligations, including any new loans that are applied for. Under the TDSR regulation, your total monthly debt obligations cannot exceed 55% of your monthly income.

Mortgage Servicing Ratio (MSR): The Mortgage Servicing Ratio (MSR) refers to the percentage of a borrower’s monthly income used to repay all mortgage loans, including any new loans that are applied for. Under the MSR regulation, your monthly mortgage instalments cannot exceed 30% of your monthly income. (This is applicable to the financing of HDB properties.)

Conclusion

Refinancing your home loan can be a plausible solution if you wish to lower your monthly mortgage instalments or change your loan tenure. Before applying for mortgage refinancing, it is prudent to consider crucial factors like the lock-in period of your existing loan, any potential penalties, and your financial situation. If you’d like to explore mortgage refinancing options with Citi, check out Citi’s Mortgage Calculator and get in touch with mortgage advisors from Citi.

Disclaimer

The content reflects the view of the article’s author and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on the Citi Singapore website for accuracy or completeness of the information presented in the article.

World Blockchain Summit Bangkok 2023 Primed to Reshape the Future of Blockchain Innovation

BANGKOK, Dec 13, 2023 – (ACN Newswire) – The 28th Global edition of the World Blockchain Summit, organised by Trescon, draws the year to a close as it returns to Bangkok on December 13th and 14th, 2023. Hosted at the esteemed Royal Orchid Sheraton Hotel and Towers, the event stands as a global focal point for blockchain innovation, bringing together a consortium of industry pioneers, innovators, and web3 enthusiasts. Within this gathering, these distinguished individuals will convene to deliberate on of blockchain’s impact in propelling Thailand’s journey towards digital transformation.

Thailand is strategically positioning itself as Southeast Asia’s primary hub for blockchain innovation. The country is spearheading the adoption of transformative blockchain solutions across critical sectors of its economy. Bolstered by a favorable regulatory environment and a thriving investment landscape, Thailand’s innovation ecosystem has become a magnet for both global blockchain startups and established industry leaders.

With the government’s push for the adoption of digital assets further solidifying the pivotal role that blockchain will play in the Thailand 4.0 vision, the summit offers an exclusive opportunity for blockchain entrepreneurs, startups, and innovators to showcase their solutions and innovations, aiming to attract potential investors and collaborators.

#WBSBangkok puts the spotlight on fascinating topics and trends that are driving the market through captivating keynote discussions, engaging panel discussions and insightful use-case presentations by some of the leading innovators and experts from the blockchain domain. The agenda will cover several topics including:

What web3 means for enterprises
Bear and bull market trends
Bridging DeFi and CeFi
Blockchain interoperability
Digital assets solutions for businesses and more

The summit unites over 600+ web3 decision makers, 100+ investors to listen to over 30+ speakers and experts from the blockchain space. The summit also hosts the regional finale of the Startup World Cup, organized by the renowned US-based venture capital firm, Pegasus Ventures. The winner earns an opportunity to pitch at the global finals in San Francisco, with the chance to secure the funding prize of US$1 million.

Amongst the notable speakers at the event are:

Kanyarat Saengsawang, Country Head – Thailand, The Sandbox
Shogo Ishida, Co-CEO, Middle East and Africa, EMURGO
Danilo S. Carlucci, Co-Founder and CEO, Morningstar Ventures
Felix Mago, Co-Founder, Dash NEXT
Brian Kuttikkat, Chief Operating Officer, KoinBX
Eeshaan Sachatheva, Partner, Ethereal Ventures
Dr. Sameer Al Ansari, CEO, Ras Al Khaimah Digital Assets Oasis
Toby Gilbert, CEO & Co-founder, Coinweb

“As Bangkok’s innovation and tech landscape surges forward, blockchain-based solutions are poised to be a key driver in Thailand’s digital transformation journey. At Trescon, we’re committed to empowering global entrepreneurs, startups, and innovators, by connecting them with accredited investors and industry authorities. The World Blockchain Summit is the ideal platform where blockchain trailblazers share groundbreaking insights and innovations.” – Sharath Kumar, Commercial Director, Trescon

The registration for the World Blockchain Summit Bangkok is now open. Don’t miss the opportunity to book the early bird tickets today and gear up for yet another exciting blockchain and crypto event of the year.

The 28th edition of the World Blockchain Summit is presented by:

Gold Sponsor: Retik
Silver Sponsor: Polluxcoin
Bronze Sponsors: INNES Worldwide, AdLunam Inc.
Pitch Partner: MeAI, Secured Finance, Unicorn Ultra
Lanyard Partner: NorPay
Exhibitor: DWF Labs, RedotPay, Mountain Capital Fund, Ecoterra, All Mine LAH, StarNest
Association Partner: Access Blockchain Association
Community Partner: APAC DAO

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.

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients.

To book your tickets, visit: https://bit.ly/wbs23-bkk-dec-pr

For inquiries, Contact: comms@worldblockchainsummit.com

For further details about the announcement, please contact:
Prerna Arora
Senior PR & Corporate Communications Executive, Trescon
prerna@tresconglobal.com, media@tresconglobal.com

Fostering business success through optimal CX

NEW DELHI, Dec 13, 2023 – (ACN Newswire) – What do my customers want?

This is the burning question that every leader asks, and that the savviest executives are asking more frequently than ever. Technology has handed customers unprecedented control over the experience of purchasing goods and services. The process increasingly plays out in fluid, hypercompetitive, and always-on markets with many channels and touchpoints, or individual interactions.

Crafting a powerful customer experience (CX) surpasses mere product delivery. It’s the art of forging connections with individuals who become brand advocates, naturally amplifying your presence across social media and personal interactions. It extends beyond fulfilling needs promptly—it’s about fostering touchpoints that resonate. These organic connections transcend transactions, sparking conversations and endorsements among friends and family. Embracing this holistic approach cultivates a network of authentic ambassadors, elevating your brand from a service to a shared story.

Every organisation and leader knows the importance of keeping their customers happy and satisfied, but very few truly understand the value that providing a positive experience can have on their bottom line—the customer experience value. It is this often underappreciated facet that was spotlighted at the Delhi-NCR edition of Team Marksmen Network’s CX Transformation Conclave.

Much goes into the creation of a joyful, authentic, and engaging customer journey. In simple terms, some aspects are non-negotiable in this day and age, such as consistency across channels, ‘always on’ engagement, a greater emphasis on innovative technological solutions, and effective marketing campaigns. To better what can separate your business from the crowd, and the measures that are powering the next-generation of consumer experiences, a power-packed speaker lineup put on their collective thinking hats to highlight how thoughtful strategies can bring clearly defined business outcomes to life.

The diverse speaker roster included Sanjay Gupta, VP – South Asia and Middle East, NICE; Ankit Goenka, SVP & Head of Customer Experience, Bajaj Allianz General Insurance Company; Nidhi Chadha, Head of Customer Success, Reliance Jio Infocomm; Shashi Ranjan, Head of Customer Experience, Dr Lal PathLabs; Shamik Banerjee, CMO, Apollo24|7; Sandeep Kumar, Executive Director, Deloitte India; Aradhika Mehta, Head of Marketing, Ex-Aditya Birla Fashion & Retail; Rajeev Kharyal, Head of Customer Service, TATA Power Delhi Distribution Limited; Aalok R Pradhan, Head Contact Centre Ops, CX, COE – Digital & AI, TVS Motor Company; Sidharth Shakdher, EVP & CMO, Disney+ Hotstar; Guneet Vijan, Director, Deloitte Touche Tohmatsu India LLP;

Arpit Aggarwal, Head CX, Strategy & CRM Revenue, Tata CLiQ; Amit Midha, AVP Marketing, Paytm; Abhijit Banerjee, Director, Deloitte India; Bhimsen Gulabani, (CCO, Transformation leader, Master of CX) Renault India Pvt. Ltd; Anamika Chatterjee, Head Customer Service – Retail Finance, Hero FinCorp; Anita Nayyar, COO-Media, Branding & Communications, Patanjali Ayurved Ltd.; Ganesh Iyer, Senior CX Portfolio Consultant, NICE; Sahil Khanna, Director Customer Experience & Growth, Adidas; Vikram Singh, Head Customer Experience, PVR Limited; and Varun Puri, Director, Deloitte Touche Tohmatsu India LLP.

Speaking on the sidelines of the event, Akash Tiwari, Co-Founder, Team Marksmen Network, said, “Over time, customer expectations have evolved—they seek personal recognition, desiring brands that empathize with their unique goals and evolving needs. They yearn for companies that grasp their dynamic reality. Embracing a hyper-personalized marketing approach, fueled by data, analytics, and AI, grants the agility to understand and respond to these changing realities instantly. It’s about acknowledging individuality, resonating with aspirations, and adapting swiftly in real-time. Today’s customers demand this seamless evolution, where brands not only understand but effortlessly adjust to their ever-changing landscapes, fostering lasting connections built on understanding and relevance. It is these facets, and more, that we explored at the Delhi-NCR edition of the CX Transformation Conclave.”

About Team Marksmen

Through an array of bespoke industry-centric knowledge platforms, using a variety of formats, such as Roundtables, Summits & Conferences, Workshops, and Recognition Ceremonies, Team Marksmen helps senior industry decision makers navigate through issues of critical importance and informs their world-view for better decision-making.

Team Marksmen has successfully executed more than 20 events with 300+ domestic and international B2B and B2C brands, helping businesses across industries create opportunities to engage audiences through on-ground and virtual experiences.

The organisation empowers industry leaders by providing them with insights, ideas, and opportunities that fits their unique industry and context. Through content shared via its flagship website, Marksmen Daily, and print magazine ‘in Focus’ focused on business, leadership, and lifestyle, they help advance the practice of management. Their latest venture, Marksmen Media, is a comprehensive digital marketing agency that helps brands craft bespoke success strategies.

To know more about this unique initiative, write to us at contact@teammarksmen.com.

Hack The Box Recognized as a Leader in Cybersecurity Skills and Training Platforms by Independent Research Firm

SYDNEY, AU, Dec 13, 2023 – (ACN Newswire) – Hack The Box has been recognized as a leader in The Forrester Wave™: Cybersecurity Skills And Training Platforms, Q4 2023. Hack The Box received the highest possible scores in seven criteria: Skills Assessment and Verification, Gamification, Competition and Recognition, Learner Experience and Adoption, Curriculum Management, Vision, Pricing Flexibility and Transparency, and Community.

A year of remarkable growth

This recognition follows a momentous year for Hack The Box-a successful $55 million Series B funding, surpassing 2 million platform members worldwide, and an expanded product offering that introduced new defensive security solutions, complementing its prowess in offensive methods since 2017.

Offering hands-on, captivating learning experiences that mirror real-world threat scenarios and incorporate the latest attack techniques, Hack The Box continues to set new benchmarks in cybersecurity expertise.

Forrester’s report cites Hack The Box’s approach, stating the company “is reflected in its differentiated vision of creating and connecting cyber-ready humans, offering hours of free content from which thousands of its two-million community members got their start with offensive security techniques.”

The independent research firm has recognized Hack The Box with the highest scores possible, defined as superior capabilities relative to others in the evaluation, in criteria for several of our key areas:

– Community

– Gamification, competition, and recognition

– Learner Experience and Adoption

– Skills Assessment

Haris Pylarinos, Founder and CEO at Hack The Box, celebrates: “This recognition further validates for us our commitment to providing unique solutions and spearheading a new era in upskilling. As the global skills shortage hits record highs of 4 million, our platform plays a crucial role in addressing this challenge.”

“The landscape of cybersecurity training has evolved. Traditional methods no longer suffice against the rising tide of sophisticated attacks. Security professionals seek engaging, gamified training-where we lead.”

“Our core mission has always been cultivating a ‘hacker mindset,’ fostering out-of-the-box thinking and enabling organizations and individuals to adopt this unique perspective through Hack The Box.”

Moving beyond upskilling

Haris Pylarinos, Founder and CEO at Hack The Box, continues, “Hack The Box doesn’t just provide a comprehensive platform for individuals, businesses, government institutions, and universities to enhance their offensive and defensive security skills. It also acts as a pathway to cybersecurity job opportunities, directly addressing the industry’s serious talent shortage.”

“Across the globe, customers have acclaimed our platform as an invaluable tool that remarkably contributes to their wider objectives, delivering substantial returns on their investment.”

“We’re thrilled by Forrester’s recognition and remain committed to delivering even more distinctive solutions throughout 2024 and beyond.”

About Hack The Box

Hack The Box is a leading gamified cybersecurity upskilling, certification, and talent assessment platform enabling individuals, businesses, government institutions, and universities to sharpen their offensive and defensive security expertise. Launched in 2017, Hack The Box brings together the largest global cybersecurity community of more than 2m platform members and is on a mission to create and connect cyber-ready humans and organizations through highly engaging hacking experiences that cultivate out-of-the-box thinking. Offering a fully guided and exploratory skills development environment, Hack The Box is the ideal solution for cybersecurity professionals and organizations to continuously enhance their cyber-attack readiness by improving their red, blue, and purple team capabilities. Rapidly growing its international footprint and reach, Hack The Box is headquartered in the UK, with additional offices in Greece and the US.

For more information, please visit hackthebox.com

For press inquiries, please contact: pr@hackthebox.com

American Artist Jean-Michel Basquiat’s Masterpiece ‘200 Yen’ to Enchant Top U.S. Museums

NEW YORK, Dec 13, 2023 – (ACN Newswire) – Eminence Rise Media is a prominent player in the marketing, promotion and branding industry. In the latest development, the company announces the upcoming bid by top museums in the United States to feature this major work in their prestigious exhibition displays. Renowned American artist Jean-Michel Basquiat’s iconic painting, ‘200 Yen’, previously auctioned by LiveAuctioneers on April 21st, 2020 (lot 018), is poised to make a resounding return.

Basquiat, a trailblazer of the Neo-expressionism movement during the 1980s, gained acclaim for his radical, expressionistic pieces that passionately called for the recognition of oppressed groups, denouncing racism, colonization, and capitalist domination.

Art forensics analysts Dr. Jeffrey Taylor and Thiago Piwowarczyk from New York Art Forensics shed light on the profound themes embedded in ‘200 Yen’. The painting delves into Basquiat’s favored subjects, including colonization, commerce, racial discrimination, and oppression, all within a historical context. The recurring tag ‘SAMO’, standing for ‘Same Old Shit’, is a nod to Basquiat’s early career and his critical messages targeting the art establishment. ‘SAMO@’ continues to feature in later works, solidifying its significance.

The explicit reference to ‘200 YEN’ aligns with the average exchange rate of the American Dollar to the Japanese Yen in 1982, symbolizing the rise of the Japanese economy as a dominating force ‘colonizing’ the early 1980s hegemony. Phrases like ‘TAX-FREE’ and imagery of a rocket draw parallels to the Opium Wars, a favored topic for Basquiat. The connection draws a historical parallel between the imposition of addictive products on colonized people in the past and the modern economic dependence imposed by new colonizers on the West.

Jean-Michel Basquiat’s meteoric rise to fame in the late 1970s marked him as a leading figure in the East Village art scene. His works soon commanded top prices globally, with pieces showcased in prestigious museums, including the MOMA. In 2017, his 1982 masterpiece, ‘Untitled‘, depicting a black skull with red and yellow rivulets, set a record-breaking auction price of $110.5 million, solidifying Basquiat’s position as one of the most influential American artists.

Eminence Rise Media continues to be at the forefront of promoting artistic excellence and is thrilled to facilitate the resurgence of Basquiat’s masterpiece, ‘200 Yen’, into the cultural spotlight. The upcoming bid war among top U.S. museums promises an exciting chapter for art enthusiasts and collectors alike.

About Eminence Rise Media

Eminence Rise Media, is a prominent SEO and marketing company based in New York, NY. Specializing in custom marketing, promotional and branding strategies, the company goes beyond conventional services, crafting online experiences that mirror businesses and effectively engage audiences. Eminence Rise Media aims to make the brand visible, credible and harvest profits in the digital universe by using fast development solutions that are tailored for a brand’s digital expansion.

For further details, visit the following link: eminencerisemedia.com

Media Details

Brand: Eminence Rise Media

Contact: Aaron Sanchez

Email: info@eminencerisemedia.com

Website: eminencerisemedia.com

FBS Unveils Record Growth, New Products at Annual Summit

SINGAPORE, Dec 13, 2023 – (ACN Newswire) – FBS, the leading global broker, summarizes 2023 and celebrates its remarkable achievements at its annual summit. Following its mission of being a reliable financial services provider, FBS has ensured growth opportunities for its clients by enhancing trading conditions, expanding its Introducing Broker program, and implementing diverse support initiatives for traders.

“Over this year, we at FBS have been gradually revising our services to make them more seamless, transparent, yet advantageous for the clients. Thanks to this transformative journey, all of our traders can now rely on fast and accurate order execution and one of the market’s biggest leverages, as well as choose from over 550 trading instruments to build their strategies on,” said Alexandra Zaitseva, Head of Public Relations and Events at FBS. “We also invested in client support, having created numerous opportunities for trading education and training, including in-person seminars, online streams, alerts, VIP market analytics, and other web and mobile tools.”

Several prestigious financial organizations and professional media have marked the brand’s efforts. The list of FBS’s accolades for 2023 includes

– Most Reliable Forex Broker title from the International Finance Expo highlighted the FBS’s trustworthiness and reliability in the dynamic world of forex trading.

– The double recognition as the Best Forex Broker in Africa from the renowned Traders Fair & Awards and the financial industry magazine World Business Outlook proved FBS’s leadership in the market.

– Best IB Program Globally and Best Client Support in Southeast Asia are two other notable nominations that World Business Outlook magazine granted to FBS. These qualifications acknowledged FBS’s success in ensuring the best conditions for its clients globally.

– Best Trading Account for Beginners title from a popular industry media FxScouts recognized FBS’s efforts in providing user-friendly and accessible trading solutions for newbie traders.

– Best Client Support in Latin America win at the Global Brands Magazine Awards marked the FBS’s benchmark approach to assisting its clients.

– Best Financial Broker of 2022-2023 accolade came from the esteemed Investment Summit in Upper Egypt and served as a testament to FBS’s performance and unwavering commitment to financial excellence.

Altogether, these accolades recognize FBS’s dedication to delivering top-tier services and offering trading conditions that stand out in the competitive landscape. FBS plans to introduce marked product novelties in 2024 that will take the brand’s service and reliability to the next level and continue empowering traders worldwide.

For more information about FBS and its award-winning services, visit www.fbs.com.

About FBS

FBS is a licensed global broker with over 14 years of experience and more than 75 international awards. FBS is steadily developing as one of the market’s most trusted brokers, with its traders numbering more than 27,000,000 and its partners exceeding 500,000 around the globe. The annual trading volume of FBS clients is over $8.9 trillion. FBS is also the Official Partner of Leicester City Football Club.

Social Links
Telegram: https://t.me/fbsanalytics
Facebook: https://www.facebook.com/financefreedomsuccess
Instagram: https://www.instagram.com/FBS_forex
YouTube: https://www.youtube.com/user/FBSforex

Media contact
Brand: FBS
Contact: Media team
Email: press@fbs.com
Website: https://fbs.com/

Acrometa Signs Strategic Cooperation Framework Agreement to Develop Co-Working Lab Space in China

SINGAPORE, Dec 12, 2023 – (ACN Newswire) – ACROMETA Group Limited (“ACROMETA”, or the “Company” and together with its subsidiaries, the “Group”), an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare, biotechnology, pharmaceutical, research and academia sectors, today announced that its 70% owned subsidiary Life Science Incubator Holdings Pte Ltd (“LSI”) signed a strategic cooperation framework agreement (“Agreement”) with its partner Fenglin Healthcare Industry Development (Group) Co. Ltd. (“Fenglin Group”).

(3rd from Right) Fenglin Group Deputy General Manager Mr Pan Taishen and (2nd from Right) AcroMeta Executive Chairman Mr Levin Lee Keng Weng at the signing ceremony

The Agreement follows an earlier MOU signed in November 2023 to further deepen their collaboration for the co-working laboratory space business in the People’s Republic of China.

The signing ceremony, which was held at the German Center Singapore, was part of a corporate access event which featured a presentation on the co-working laboratory space business, followed by a tour of the facilities for a first-hand look at the laboratory that is fully fitted with state-of-the-art equipment.

Representatives from AcroMeta, LSI and Fenglin Group present at the event held at the German Centre Singapore

China-incorporated Fenglin Group, the administrative arm of the Shanghai Xuhui government in charge of Life Sciences, aims to establish an integrated ecosystem of local and international stakeholders in Shanghai’s Xuhui District to accelerate biopharmaceutical innovation and development.

Fenglin Group will promote the co-working laboratory space with a focus on overseas biomedical science startups and SMEs planning to develop their business in China. On its part, LSI will use its existing business networks to recommend to Fenglin Group, Singapore and other overseas biomedical sciences companies that intend to have a business foothold in China and need co-working laboratory space.

Mr Levin Lee Keng Weng, ACROMETA’s Executive Chairman, said,

“We extend a warm welcome to all our honoured guests, including the top Management of Fenglin Group. LSI and Fenglin will work closely together to fulfil the goals of our strategic cooperation in the co-working laboratory business.

China’s life sciences industry is an important part of China’s ‘Made in China 2025’ strategy and its rapid growth has seen the birth of thousands of start- ups and SMEs in biotech, agritech, pharmaceuticals, and medical devices doing research and development to bring innovative products into the market. Our co-working laboratory space business will enable them to conduct their R&D without incurring high CAPEX to build the facilities.”

About ACROMETA Group Limited (SGX Stock Code:43F)

ACROMETA (Previously known as ACROMEC Limited) is an established specialist engineering services provider with more than 25 years of experience in the field of controlled environments.

The Group has, over the years, acquired expertise in the design and construction of facilities requiring controlled environments such as laboratories, medical and sterile facilities, and cleanrooms.

ACROMETA’s business is divided into three main business segments: (i) Engineering, procurement, and construction services, specialising in architectural, and mechanical, electrical, and process works within controlled environments; (ii) Maintenance and repair services of facilities and equipment of controlled environments and their supporting infrastructure. (iii) Co-Working Laboratory business; currently operates 6,500 square feet of co-working laboratory space at The German Centre in Singapore, serving SMEs and startups.

The Group mainly serves the healthcare, biotechnology, pharmaceutical, research and academia, and electronics sectors. ACROMETA’s customers include hospitals and medical centres, government agencies, research and development companies or agencies, research and development units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies.

The Company has been listed on the Catalist Board of the Singapore Exchange since 2016. For more information, please visit www.acrometa.com.

Media and Analysts Contact:
ACROMETA Group Limited
Ms. Cheah Lai Min
Chief Financial Officer
Tel: +65 6415 0574
Email: laimin.cheah@acrometa.com

Waterbrooks Consultants Pte Ltd
Mr. Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg

This media release has been reviewed by the Company’s Sponsor, Evolve Capital Advisory Private Limited (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”), and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Jerry Chua, 138 Robinson Road, #13-02 Oxley Tower, Singapore 068906, jerrychua@evolvecapitalasia.com.