Tiger Brokers adds ASX to its Online Trading & Mobile App

SINGAPORE, Sep 18, 2020 – (ACN Newswire) – Tiger Brokers, the NASDAQ-listed, Xiaomi-backed online brokerage focused on global trading across the world's top markets, announced the addition of the Australian Securities Exchange (ASX) to its mobile and online trading application, Tiger Trade. This brings the current number of exchanges available to regional investors to 6; the US, Hong Kong, China, Singapore, and Australia: the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, Hong Kong Stock Exchange (HKEX), Singapore Stock Exchange (SGX), and since Monday, the ASX.





The addition of ASX to Tiger Trade's offering addresses regional investors' increasing appetite for equities, even during the current COVID-19 pandemic: Tiger Brokers witnessed a surge in account openings especially during June to August, with an increase of 43% y-o-y following the addition of SGX to the platform on June 8. With the ASX seeing an average daily on-market trading volume of AU$5.4 billion (S$5.36 billion) in July, up 21% y-o-y, it was natural that Tiger Brokers would want to provide access to ASX trading on its platform and to expand its offerings to potential ASX investors.

Mr Eng Thiam Choon, CEO of Tiger Brokers Singapore, said, "Tiger Brokers believes that technology is a strong enabler to providing convenient access for retail investors to meet their investing needs. The access to another popular stock exchange like the Australian Securities Exchange will allow investors to further diversify their investment portfolio."

Demand for Overseas Exchanges

The top 10 stocks traded on the Tiger Trade platform included Tesla, Alibaba, Apple and Netflix from US exchanges, Tencent and Alibaba from Hong Kong, rounded out by banking stocks, glove makers and Singapore Airlines (SIA) in Singapore. Across exchanges, the sectors most traded were ihealthcare, followed by the technology sector.

"Industries like healthcare and technology have seen tremendous interest from retail investors, and surging stock prices. Tiger Trade has also seen an increased number of transactions in these stocks. We are also seeing retail investors more comfortable using online trading platforms such as ours, similar to the financial industry as a whole, which is rapidly digitizing. With more people at home, the consumption of technology has risen, and Tiger Brokers is well placed to meet that rising trend," said Mr Eng.

Mr Wu Tianhua, CEO of Tiger Brokers, commented, "A major increase in new customers in Q2 2020 as well as a strong growth momentum in total client assets is indicative of the appeal of our service offerings to both retail and institutional clients. The improvement of these key business metrics showed strength in the business amidst the COVID-19 induced market volatility."

Tiger Brokers Singapore is able to tap the expertise and insight of its parent UPFintech Holdings (NASDAQ: TIGR) in helping drive fintech innovation in Singapore and Southeast Asia. UPFintech Holdings focus is on global Chinese investors. UPFintech's Q2 earnings shared positive momentum with revenue growth of 121.8% y-o-y to US$30.1 million, on trading volume of US$46.8 billion. Client assets hit a high of US$8.3 billion as of June 30, an increase of 132.9% from a year earlier. UPFintech led the rankings of underwriters among brokerages for US IPOs during H1 2020. Despite COVID-19, UPFintech assisted many firms in settling sizable orders, showing the group's capability to serve its 500+ institutional and corporate clients. Earlier this month, it received approval for five new Financial Industry Regulatory Authority, Inc. ("FINRA") licences in the United States.

The Tiger Trade mobile app is available for download at Apple App Store and Google Play store.
Apple App Store: https://apps.apple.com/sg/app/id1023600494
Google Play Store: https://play.google.com/store/apps/details?id=com.tigerbrokers.stock

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: Tiger@preciouscomms.com / media@tigerbrokers.com.sg
Phone: +65 9667 3157 or +65 9152 0086

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tiger Brokers Singapore Adds ASX to its Online and Mobile Trading Apps, Addressing Demand from Investors

SINGAPORE, Sep 17, 2020 – (ACN Newswire) – Xiaomi-backed Tiger Brokers, a global online stock brokerage, has announced adding the Australian Securities Exchange (ASX) to its online and mobile trading app, Tiger Trade. This brings the current number of exchanges available to regional investors on Tiger Trade to 6, including the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, Hong Kong Stock Exchange (HKEX), Singapore Stock Exchange (SGX), and now, the Australian Securities Exchange (ASX).





The addition of ASX to Tiger Trade's offering addresses an increasing appetite for investing even during the COVID-19 pandemic. Tiger Brokers witnessed a surge in account openings in 2020, and from June to August saw an increase of 43%, with the addition of SGX to the platform in June. With the ASX seeing an average daily volume of AU$5.4 billion (S$5.36 billion) in July, up 21% y-o-y, it was natural that Tiger Brokers would provide access on Tiger Trade, and expand its offering to potential ASX investors.

Mr Eng Thiam Choon, CEO of Tiger Brokers Singapore, said, "Tiger Brokers believes that technology is a strong enabler to providing convenient access for retail investors to meet their investing needs. The access to another popular stock exchange like the Australian Securities Exchange will allow investors to further diversify their investment portfolio."

Increasing demand for overseas exchanges

The top 10 stocks traded on the Tiger Trade platform included Tesla, Alibaba, Apple and Netflix from the US stock exchanges and Tencent and Alibaba from Hong Kong, with the rest being banking stocks, glove makers and Singapore Airlines (SIA) in Singapore. Of these, across all exchanges, the industries most traded were in healthcare, as well as in the technology sector.

"Given the COVID-19 phenomena, industries like healthcare and technology have seen strong interest from investors, and surging stock prices. As such, Tiger Trade has also seen an increased number of account openings, and transactions in these stocks as well. Also, we are seeing that retail investors are more comfortable using online trading platforms such as ours, similar to how the financial industry as a whole is digitizing. With more people staying at home due to the pandemic, the consumption of technology has risen. We are seeing more users open to using technology to meet their investment needs, and at Tiger Brokers, we are well placed to meet that rising need," Mr Eng shared further.

Mr Wu Tianhua, CEO of Tiger Brokers, commented, "A major increase in new customers in Q2 2020 as well as a strong growth momentum in total client assets is indicative of the appeal of our service offerings to both retail and institutional clients. The improvement of these key business metrics showed strength of the business amidst the COVID-19 induced market volatility." The increase in online brokerage preference also aligns with Accenture's data-driven analysis of COVID-19's impact on the digital behaviour of Singapore consumers. The report showed that the opportunity in Singapore's digital economy is worth at least half a billion US dollars per annum.

Tiger Brokers Singapore was able to tap the expertise and insight of parent UPFintech Holdings to help drive fintech innovation in Singapore and Southeast Asia. UPFintech's Q2 earnings showed y-o-y revenue growth of 121.8% to US$30.1 million, with trading volume reaching US$46.8 billion and client assets rising by 132.9% to a new high of US$8.3 billion (as of June 30). Amidst COVID-19, UPFintech assisted many firms by completing sizable orders, showing the group's capability to serve its 500+ institutional and corporate clients. UPFintech led the rankings among brokers for underwriting US IPOs during H1 2020, while receiving approval for five new Financial Industry Regulatory Authority, Inc. ("FINRA") licences in the US as well.

The Tiger Trade mobile application is available for download at the Apple App and Google Play store.
Apple App: https://apps.apple.com/sg/app/id1023600494
Google Play: https://play.google.com/store/apps/details?id=com.tigerbrokers.stock

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: Tiger@preciouscomms.com / media@tigerbrokers.com.sg
Phone: +65 9667 3157 or +65 9152 0086

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, 24/7 finance news updates, dedicated multilingual customer service during trading hours and similar trading opportunities to online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contracts (CBBC). Both online and mobile app allow users to invest across multiple asset classes trading on the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, Hong Kong Stock Exchange (HKEX), Singapore Stock Exchange (SGX), and now, the Australian Securities Exchange (ASX).

Tiger Brokers Singapore is the Singapore entity of UPFintech Holding Ltd, known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in U.S. equity trading by volume among platforms catering to Chinese global investors in less than two years. The company was listed on NASDAQ under "TIGR" in 2019, and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 743,300 customers worldwide, with total trading volume of more than US$46.8 billion (as of Q2 2020). The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg.


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC Export Index 3Q20: Exporter confidence rises for second consecutive quarter

HONG KONG, Sep 14, 2020 – (ACN Newswire) – The HKTDC Export Index has risen for the second consecutive quarter, indicating that exporter sentiment continues to improve. The Hong Kong Trade Development Council (HKTDC) announced the index for the third quarter of 2020 today with a reading of 25.1 – up 6.9 points from the previous quarter, and 9.1 points from the record low in the first quarter of this year. HKTDC Director of Research Nicholas Kwan noted that export indexes across all major industries remain in contractionary territory despite the recent rebound, stressing that times will remain tough for Hong Kong's exporters.



HKTDC Director of Research Nicholas Kwan (centre), Assistant Principal Economist (Greater China) Alice Tsang (L) and Economist Samantha Yim (R) announced in today's press conference that all HKTDC indexes rebounded in the third quarter of 2020.



As the initial shock of the Covid-19 pandemic begins to wane, the number of exporters having orders cancelled, payments deferred or logistics and distribution disrupted showed a significant drop compared with the previous quarter. Mr Kwan noted that 60.5% of respondents indicated that reduced orders from buyers was the biggest challenge they faced, up 3.5 percentage points from the second quarter of 2020. A number of exporters (23%, up 4.9 percentage points) said they had to downsize their companies and in some cases lay off workers.

"Fewer respondents (51.5%, down 13.1 percentage points) regarded the continuation of the pandemic as the biggest threat to their export performance over the next six months, with more of them concerned about softening global demand (21.5%, up 2.5 percentage points) and trade tensions between the United States and China (15%, up 4.2 percentage points)," Mr Kwan said.

Trade indexes pick up in third quarter

The HKTDC conducted its latest business confidence survey in August, interviewing 500 local traders from six major industry sectors including electronics, jewellery, timepieces, toys, clothing and machinery. The HKTDC Export Index reflects the prospects of the city's near-term export performance. Readings above and below 50 indicate an optimistic or pessimistic outlook respectively.

"Export indexes for all major sectors rose from their lowest readings in the first half of 2020, especially the machinery sector (29.0), toys (27.5) and electronics (25.3), followed by timepieces (21.6), clothing (21.0) and jewellery (20.1). Exporters' perception on the performance of major markets remained largely unchanged, with Japan (46.1) and Mainland China (42.9) regarded as the most promising markets for Hong Kong exports, followed by the United States (41.2), the Association of Southeast Asian Nations (ASEAN) bloc (41.0) and the European Union (36.0)," HKTDC Economist Samantha Yim said.

Ms Yim added that the Procurement Index, Offshore Trade Index and Trade Value Index all began to stabilise in the third quarter whereas the Employment Index dropped by 2.3 points to a four-year low of 39.8. "Compared with other industries, recruitment intentions in toys (38.0) and timepieces (35.6) were notably downbeat, suggesting the probability of headcount losses within these sectors."

Capturing new opportunities in the Greater Bay Area

As a highly open and internationalised city in the Guangdong-Hong Kong-Macao Greater Bay Area, as well as a hub for international finance, logistics and transportation, professional services, trade and aviation, Hong Kong plays an important role in the region under the "one country, two systems" principle. A recent survey showed that senior business executives generally recognise Hong Kong's advantages as an international business hub for the Greater Bay Area, including its robust legal regime, open business environment, free-market economy, robust infrastructure and transportation systems as well as its quality pool of international talent.

The survey was commissioned by the HKTDC and conducted by PricewaterhouseCoopers (PwC) to get detailed insights into Hong Kong's role in the Greater Bay Area. PwC conducted in-depth interviews and questionnaire surveys of close to 500 senior executives from the area to gauge their views on how six major industries, including financial services, logistics and transportation, trade services, manufacturing, legal and dispute resolution and innovation technology, can leverage Hong Kong's advantages in business operations. The consultancy firm also made suggestions on how to reinforce the city's position as an international business hub in the Greater Bay Area, assessing the potential opportunities and likely challenges.

The survey showed respondents as believing that the five trends most important to Hong Kong in the next five years are: increasing application of emerging technology; integration of Hong Kong with the Greater Bay Area, including capital connectivity; increasing cross-boundary transactions due to the Belt and Road Initiative; extending global value chains out of the Greater Bay Area; and industrial upgrading and transformation in the area.

Respondents believed that to further enhance Hong Kong's position as the international business hub for the Greater Bay Area, the five most important measures the city has to take are: facilitate the free flow of capital within the area; improve data privacy protection; improve the research and development (R&D) capability of Hong Kong by encouraging R&D activities and the adoption of emerging technologies; promote tax simplification/harmonisation in the Greater Bay Area; and promote regulatory transparency in the area.

New measures to enhance Hong Kong's key roles

HKTDC Assistant Principal Economist (Greater China) Alice Tsang said that, according to the findings of the PwC report, Hong Kong should implement a range of measures to reinforce the city's key roles as an international financial centre, legal and dispute resolution centre, logistics and transportation hub, trading centre, innovation and technology centre, and location for business headquarters.

"For the sake of the financial sector, Hong Kong should facilitate cross-border capital flow, take the lead in reforming its financial regulatory system and financial products and services, and develop sustainable and green finance," Ms Tsang said, citing the report. "In the area of professional services, those who have completed professional training programmes should be allowed to practise in specific areas within the Greater Bay Area. Hong Kong should also enhance its position as an international arbitration centre and establish itself as a protection base and trading platform for intellectual property in the area."

Ms Tsang added that to reinforce Hong Kong's position as a logistics, transportation and trading hub, the city should facilitate the flow of people and goods to and from other cities in the Greater Bay Area. "Hong Kong should also establish a unified product quality certification mechanism with other cities in the area for innovative services and products yet to gain international certification. This could reinforce the city's position as a centre for testing and certification," she said.

Suggestions were also made for capitalising on Hong Kong's advantages as an innovation and technology centre by supporting the industry's development, creating an ecosystem in which Greater Bay Area cities' relative advantages can complement each other and develop in concert, and attracting venture capital institutions to the city. Hong Kong should also extend preferential policies for setting up businesses in the city to further attract Greater Bay Area enterprises to expand their business. This would help to make Hong Kong more attractive as a location for business headquarters.

References
– HKTDC Research website: http://research.hktdc.com/
– Hong Kong Export Index 3Q20: Exporter Confidence Rallies Moderately While Spectre of Covid-19 Still Looms Large: https://bit.ly/2GKKiYx
– Hong Kong as the International Business Hub for the Greater Bay Area (Executive Summary): https://bit.ly/2Rm1ky9
– Photo download: https://bit.ly/3htY1Q4

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Contact:
Leslie Ng, Tel: +852 2584 4239, Email: leslie.ss.ng@hktdc.org Beatrice Lam, Tel: +852 2584 4049, Email: beatrice.hy.lam@hktdc.org



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Greenbriar Capital Corp Reports $2,771,759 or $0.12 per Share of Net Income in Q2 2020

Coquitlam, British Columbia, Sep 3, 2020 – (ACN Newswire) – Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar") is pleased to announce that it has earned net income of $2,771,759 or $0.12 per share for the three (3) months ended June 30, 2020. The unaudited Financial Statements and the respective Management Discussion and Analysis are available for viewing at www.sedar.com.

About Greenbriar Capital Corp

Greenbriar is a leading developer of renewable energy and sustainable real estate. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value. Greenbriar and its advisors have closed over $180 Billion in renewable energy projects since 2003.

ON BEHALF OF THE BOARD OF DIRECTORS
"Jeff Ciachurski"
Jeffrey J. Ciachurski
Chief Executive Officer and Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/63121

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Compagnie Financiere Tradition SA Acquires 100% of OM Wholesale in New Zealand

SINGAPORE, Sep 2, 2020 – (ACN Newswire) – Compagnie Financiere Tradition ("Tradition") has today announced its acquisition of OM Wholesale Ltd ("OMW"). OMW is New Zealand's only independent interbank broking business having been formed in a restructure preceding the sale of OM Financial Ltd to First NZ Capital Securities Ltd in 2018. The Wellington-based business of experienced foreign exchange and interest rate derivative brokers has been re-named Tradition Kiwi Brokers Limited.

Compagnie Financiere Tradition SA is one of the world's largest interdealer brokers in over-the-counter financial and commodity-related products. Represented in 30 countries, Compagnie Financiere Tradition SA employs more than 2,300 people globally and provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals). Compagnie Financiere Tradition SA (CFT) is listed on the SIX Swiss Exchange.

Contact: Kenny Campbell
Email: kenny.campbell@traditionasia.com

Related Images
Tradition(TM) https://orders.newsfilecorp.com/files/7381/62846_tradition1enhanced.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/62846

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Singapore’s Elite Partners Acquires Warehouse in Poland for over EUR30 Million (S$48.6 Million) from Subsidiary of Sovereign Fund GIC

SINGAPORE, Aug 31, 2020 – (ACN Newswire) – Elite Partners Capital ("Elite Partners" or "Elite") announced today it has acquired a warehouse in Mszczonow, Poland for more than EUR30 million (S$48.6 million) from a subsidiary of Singapore's sovereign wealth fund GIC. The transaction spearheads its build-up of a portfolio of specialised logistics assets in Europe to address opportunities arising from COVID-19-related disruptions.



The 58,500 sqm (629,700 sqft) facility is the largest warehouse in PepsiCo Poland's distribution network



Elite, a Singapore-based private equity firm, said its Elite Logistics Fund (the "Fund") acquired the warehouse from GIC's wholly owned P3 Logistics Parks. Headquartered in the Czech Republic, the latter also owns a second logistics hub in the Polish town of Piotrkow.

The 58,500 sqm (629,700 square feet) facility is the largest warehouse in PepsiCo Poland's distribution network, and consolidates the global F&B leader's logistics and warehouse processes, which were previously run out of several different locations across the Central European nation.

The transaction increases Elite's presence in the Mszczonow Park to six buildings, with a total area of over 230,000 sqm (2,476,000 square feet). It follows the acquisition of five buildings in March 2020, which was one of the largest transactions in Poland's logistics sector this year.

Situated south-west of Warsaw, the Mszczonow warehouse is well served by expressways and motorways connecting the Polish capital to Berlin. It is also strategically located just an hour's drive from the Lodz terminal – the main terminal for the Chengdu-Lodz railway, linking Europe to China.

The latest acquisition is the Fund's third since May 2020 and has proceeded despite the market and economic disruption caused by the COVID-19 pandemic. The Fund is building a portfolio of European assets focusing on specialised warehousing (in particular, for e-commerce fulfilment and food logistics distribution), cold chain logistics as well as logistics infrastructure. Launched in January 2020, the Pan-European fund is targeting such specialised assets in Poland and the United Kingdom – where it already owns eight other properties – amongst other countries in Europe.

Elite Partners believes that recent supply chain disruptions – first due to Brexit, followed by the COVID-19 pandemic since the beginning of 2020 – have opened up new challenges and opportunities for specialised logistics in Europe.

Mr Victor Song, CEO and Managing Director of Elite Partners, said "We are elated by the completion of this acquisition. The dedicated warehouse in Mszczonow is a vital part of our strategy to build up a Pan-European portfolio of specialised logistics assets in Poland and the United Kingdom with specific geographical focus in the key European logistics hubs.

"The COVID-19 pandemic has accelerated the need to establish dedicated warehouses for sorting and distribution to meet the surge in e-commerce and cold chain to store and distribute food and perishables at a time when more people are working from home. In turn, these require support from specialised logistics infrastructure. Our Fund will cater to all three aspects," added Mr Enoch Tan, Portfolio Director of the Fund.

Mr Tan noted that Poland has cost advantages for e-commerce fulfilment, exceptional land, sea and air connectivity and is an important component of China's Belt and Road Initiative.

"Poland also serves as a bridge for commerce and investments between Europe and Asia. We intend to leverage on Elite Partners' expertise in private and public capital markets to unlock value and opportunities in specialised logistics," said Mr Desmond Wang, Executive Director of JMD Holdings, a co-investor in the Fund and a unitholder of Singapore Exchange (SGX")-listed Elite Commercial REIT.

Incorporated in 2017, Elite Partners has launched four funds to date. It is also the Sponsor of Elite Commercial REIT, the first sterling-denominated Singapore REIT listed on the SGX.

Media Contact
Elite Partners Capital
Emily Goh, emilygoh@elitepartnerscapital.com, tel: +65 6779 9288

WeR1 Consultants Pte Ltd
Isaac Tang, elite@wer1.net, tel: +65 6737 4844

About Elite Partners Capital
Incorporated in 2017, Singapore-based Elite Partners Capital is an alternative asset management company focused on the management of yield-accretive global assets with high growth potential and well-defined exit strategies. Backed by a team with proven expertise in private equity and real estate investment trusts (REITs), its threefold investment philosophy aims to protect initial capital, preserve investment value and create new growth opportunities.

Elite Partners Capital holds a Capital Market Services (CMS) licence from the Monetary Authority of Singapore (MAS) under the Securities and Futures (Licensing and Conduct of Business) Regulations. For more information, please visit: http://elitepartnerscapital.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Nathan’s Famous Partners With UAE Based Mezzan Group to Manufacture Halal Hot Dogs

NEW YORK, NY, Aug 15, 2020 – (ACN Newswire) – Nathan's Famous, Inc. (NASDAQ: NATH), the American tradition serving New York favorites for more than 100 years, announces today it has signed a licensing, manufacturing and distribution agreement with Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf. This partnership further solidifies Nathan's Famous' commitment to the Middle East through the manufacturing and distribution of Halal Nathan's Famous products.





"We believe our partnership with Mezzan provides a wealth of advantages for the Nathan's Famous brand in and around the Gulf region, from growth opportunity to the ability to provide quality Halal product to our fans in the region," said James Walker, SVP, Restaurants. "Through its storied history, Mezzan has worked with some of the world's best-known consumer manufacturers to bring their products to the GCC, and we're thrilled to add Nathan's to the distinguished list of brands and expand our reach throughout the UAE and beyond."

Mezzan Holding KSC subsidiary, Khazan Meat Factory, will produce 5-piece pack and 8-piece pack of hot dogs for both retail and food service vendors in the region. Khazan is recognized as the leading brand in the region, and is known for its state-of-the-art meat production division that features locally manufactured, fresh and premium Halal ingredients. Coupled with Mezzan's far-reaching distribution abilities via its subsidiaries, its long-standing relationships with private and cooperative supermarkets and food services customers including multinational fast food chains, we believe this partnership sets Nathan's Famous on a fast track for growth in the Gulf Region.

"We are very excited to be partnering with Nathan's Famous as their distributor for the region," states Lindsay Wakefield, commercial director Mezzan Holding. "With Nathan's strong heritage in the USA and Mezzan's manufacturing, marketing and distribution footprint in the region, this partnership will allow Middle East consumers to enjoy the flavor of New York locally. Mezzan's expertise in the region will ensure the hot dog range available locally is 100% Halal to suit our local consumer needs."

To learn more about Nathan's Famous, visit www.nathansfamous.com

MEDIA CONTACT
Kate Laird
Trevelino/Keller
404.214.0722 x.125
klaird@trevelinokeller.com

About Nathan's Famous

Nathan's is a Russell 2000 Company that currently distributes its products in 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, and 11 foreign countries through its restaurant system, foodservice sales programs and product licensing activities. Last year, over 700 million Nathan's Famous hot dogs were sold. Nathan's was ranked #22 on the Forbes 2014 list of the Best Small Companies in America and was listed as the Best Small Company in New York State in October 2013. For additional information about Nathan's, please visit our website at www.nathansfamous.com.

About Mezzan Group

– Operates in seven countries through 30 subsidiaries with more than 9,000 employees
– Distributes over 34,000 Stock Keeping Units (SKU), making it one of the largest operators in terms of SKUs, unit sales, market share and in terms of share of revenues of total consumer spending in consumer categories served by the company
– Active in various segments of the consumer staple industry supported by long-standing relationships with Johnson & Johnson, Olayan Kimberly-Clark, Reckitt Benckiser, General Mills, Arla Foods, Sara Lee and many other leading brands and manufacturers
– Serves over 120,000 meals a day in Kuwait, Qatar and the UAE through its catering business
– Has a total of 138650 square meters in food, beverage and FMCG manufacturing facilities in Kuwait, Qatar, UAE and Afghanistan
– Leverages long-standing relationships with private and cooperative supermarkets
– Vertically integrated into complementary business operations, including packaging, catering, contract services and logistics
– Food services customers include multinational fast food chains, airline catering services and large food services companies.

Mezzan Holding is a 70-year old company that was listed on the Kuwait Stock Exchange in the second quarter of 2015. The company is headquartered in Kuwait with direct operational activities in Kuwait, UAE, Qatar, Saudi Arabia, Iraq, Jordan, and Afghanistan.

Except for historical information contained in this news release, the matters discussed are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that involve risks and uncertainties. Words such as "anticipate", "believe", "estimate", "expect", "intend", and similar expressions identify forward-looking statements, which are based on the current belief of the Company's management, as well as assumptions made by and information currently available to the Company's management. Among the factors that could cause actual results to differ materially include but are not limited to: the status of our licensing and supply agreements, including the impact of our supply agreement for hot dogs with John Morrell & Co.; the impact of the recent COVID-19 outbreak; the impact of our indebtedness, including the effect on our ability to fund working capital, operations and make new investments; economic; weather (including the impact on the supply of cattle and the impact on sales at our restaurants particularly during the summer months), and change in the price of beef trimmings; our ability to pass on the cost of any price increases in beef and beef trimmings; legislative and business conditions; the collectability of receivables; changes in consumer tastes; the ability to attract franchisees; the impact of the minimum wage legislation on labor costs in New York State or other changes in labor laws, including regulations which could render a franchisor as a "joint employee" or the impact of our new union contracts; our ability to attract competent restaurant and managerial personnel; the enforceability of international franchising agreements; the future effects of any food borne illness, such as bovine spongiform encephalopathy, BSE and e coli; and the risk factors reported from time to time in the Company's SEC reports. The Company does not undertake any obligation to update such forward-looking statements.

Related Images:
Nathan's Famous Partners With UAE Based Mezzan Group to Manufacture Halal Hot Dogs.
https://www.newsfilecorp.com/redirect/xrVxSWY5

Mezzan will manufacture, sell and distribute to retail, restaurants and food service around the GCC.
https://www.newsfilecorp.com/redirect/7NJoTovp

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/61572

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Inaugural ‘Standard Chartered GBA Business Confidence Index’

HONG KONG, Jul 23, 2020 – (ACN Newswire) – Standard Chartered and Hong Kong Trade Development Council ("HKTDC") released the inaugural "Standard Chartered GBA Business Confidence Index" ("GBAI"), the first forward-looking quarterly survey in the market that looks at the business sentiment and synergistic effects across cities and industries in the Guangdong-Hong Kong-Macao Greater Bay Area ("Greater Bay Area" or "GBA"). The index suggests that respondents expect an evident easing of contractionary pressure in Q3 after a challenging Q2 due to COVID-19 disruptions.





(from left) Kelvin Lau, Senior Economist, Greater China, Standard Chartered and Nicholas Kwan, Director of Research, HKTDC at the online press conference of "Standard Chartered GBA Business Confidence Index".



According to the survey, the GBAI's 'current performance' index for business activity stood at 37.0 for Q2-2020, below the neutral line of 50. This reflects the impact of a COVID-related global recession on the export-oriented region. However, the 'expectations index' stood at a much better 47.0, suggesting an expectation of a broad-based improvement in Q3 versus Q2. In particular, the 'new orders' sub-index stood above the neutral 50 mark, reflecting an optimistic view about the new orders in Q3. Although the GBAI current performance index for credit was at 45.3, the sub-components indicate lower borrowing costs from both banks and non-bank financial institutions as well as improvement in banks' attitude towards lending.

Kelvin Lau, Senior Economist, Greater China, Standard Chartered said: "The survey result indicates that companies in the Greater Bay Area expect a better Q3, likely a reflection of the continued normalisation of activity within China, boosted by aggressive monetary and fiscal policy easing. This pick-up is driven by domestic more than external demand, matching the general perception that China is the first country to begin recovering from COVID-19."

The GBAI also includes industry and city sub-indices – by industry, 'innovation and technology' is expected to improve the fastest, followed by 'financial services'; by city, Guangzhou and Shenzhen are seen to lead the way in the post-COVID rebound, while Hong Kong is seen to lag. Among companies that plan to expand to other GBA cities, Shenzhen, Zhuhai and Hong Kong are the top preferred destinations.

"Shenzhen proved the most resilient in Q2 and is expected to return to economic expansion in Q3 along with Guangzhou. These cities' encouraging performance may be because these finance- and technology-centred cities provide a base for larger companies with greater sustainability and more cash flow. For intra-GBA expansion, Shenzhen and Hong Kong are favourable because they are well-established core cities with high spending power, and Zhuhai is the closest city to Macau and well connected to Hong Kong via the Hong Kong-Zhuhai-Macau Bridge," Mr Lau added.

The GBAI is compiled based on a quarterly survey conducted by the HKTDC in collaboration with Standard Chartered. Every quarter, at least 1,000 enterprises in key business sectors across the Greater Bay Area provide valuable feedback on a range of subjects, including their current business situation and credit conditions as well as their outlook on these subjects for the coming quarter. The survey also asks respondents thematic questions about what drives their business decisions and plans, and how this might shape the Greater Bay Area's future.

Nicholas Kwan, Director of Research, HKTDC, said: "We are seeing strong policy support from the central government for turning the Greater Bay Area into a global business and innovation centre, by expediting infrastructure connectivity, building advanced manufacturing and modern services industries, and developing a high-quality 'living circle'."

"We expect demand for information on this region to continue to ramp up and the GBAI seeks to fulfil this need by offering timely and valuable insights into the region's transformation, which will better equip businesses and policy makers for future planning," Mr Kwan added.

To download the report of the "Standard Chartered GBA Business Confidence Index", please visit the website: https://sc.com/hk/gba/gba-index/.

About Standard Chartered GBA Business Confidence Index

Standard Chartered GBA Business Confidence Index (GBAI) is the first forward-looking quarterly survey in the market that looks at the business sentiment and synergistic effects across cities and industries in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). In collaboration with the Hong Kong Trade Development Council, the GBAI is based on information drawn from quarterly surveys of over 1,000 companies operating in the GBA across different industries, including manufacturing and trading, retail and wholesale, financial services, professional services, and innovation and technology.

The GBAI offers a unique look at a range of subjects in the GBA, including current business situation and credit conditions, and outlooks for the coming quarter. It enables investors and businesses to better understand the current business climate, gauge future performance and formulate their market strategies in the GBA.

About Standard Chartered

We are a leading international banking group, with a presence in 59 of the world's most dynamic markets, and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

The history of Standard Chartered in Hong Kong dates back to 1859. It is currently one of the Hong Kong SAR's three note-issuing banks. Standard Chartered incorporated its Hong Kong business on 1 July 2004, and now operates as a licensed bank in Hong Kong under the name of Standard Chartered Bank (Hong Kong) Limited, a wholly owned subsidiary of Standard Chartered PLC.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on Twitter, LinkedIn and Facebook.

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus.

Contact:
Standard Chartered Bank (Hong Kong) Limited Gabriel Kwan / Daniel Ip Tel: +852 2820 3036 / +852 2820 3871 Email: gabriel.kwan@sc.com / daniel.ip@sc.com Hong Kong Trade Development Council Beatrice Lam Tel: +852 2584 4049 Email: Beatrice.hy.lam@hktdc.org



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Greenbriar Comments on Recent Controversy on Social Media

Newport Beach, California, Jul 23, 2020 – (ACN Newswire) – The Greenbriar Capital Corp. (TSXV: GRB) (OTC: GEBRF) ("Greenbriar") CEO has been made aware through many direct phone calls and emails of an ongoing controversy in Social Media channel on YouTube which indicated that there might have been rumors about the company.

To make certain for our shareholders, the company would like to clarify that it has not paid any Youtuber for any type of marketing or promotional program, nor has it involved in any sort of market abuse activities. Yet, as the rumors passing by, it might have negatively affected Greenbriar's integrity and success. If further false rumor and claims continue to circulate on Social Medial channels in the future, the company will consider taking actions against such behavior to protect the truthfulness of Greenbriar.

Meanwhile, through translations made to the Greenbriar CEO from Chinese speaking stakeholders, there is a YouTuber offering his massive 100,000+ subscribers an extremely accurate and non-biased description of Greenbriar that includes our projects and our milestones. From the perspective of the Greenbriar CEO, this clip was 100% correct in his independent research, description, and discussion of the projects currently undertaken by Greenbriar.

Aside from the controversy, Greenbriar is moving ahead to construct the sophisticated 160MWdc/80MWac Montalva solar project in Puerto Rico, which will become the largest solar facility in the Caribbean once completed. Greenbriar is very confident the project will expand to 320MWdc/160MWac in the very near future. A sizeable battery storage facility as part of the solar field will enable 24/7 dispatch which is unique in ultra-large scale solar generation facilities. Montalva will provide Puerto Rican citizens with lower-cost, clean and reliable electricity and replace some of the current expensive and dirty oil generation.

The company is proudly building the $200 Million to $400 Million project with the China Machinery Engineering Corporation (CMEC), a leading world class premier construction and engineering company, forming part of the USD $40 Billion China National Machinery Industry Corporation (Sinomach) group of companies.

Greenbriar has been informed by its legal counsel Luis Baco, JD, LLM, that the PREPA Governing Board has approved our project and contract and that the contract has been presented to the US FOMB (US Federal Oversight Management Board) for final approval. In 2018 the US FOMB already recommended Montalva to be deemed a critical project to rebuild Puerto Rico. Montalva will provide over 900 construction jobs, an increased tax base and hundreds of millions of dollars of private funds invested to rebuild a new and resilient electrical grid. Greenbriar is proud of this contribution and its existing 12 year non-stop commitment in Puerto Rico. The delays from the FOMB are not based on any material concerns about the project, but rather related to the amount of bureaucratic consultants between the FOMB and PREPA.

About Greenbriar Capital Corp

Greenbriar is a leading developer of renewable energy and sustainable real estate. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value. Greenbriar and its advisors have closed over $180 Billion in renewable energy projects since 2003 with previous companies.

ON BEHALF OF THE BOARD OF DIRECTORS
"Jeff Ciachurski"
Jeffrey J. Ciachurski
Chief Executive Officer and Director
Phone: 949.903.5906

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/60366

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Episode Six Secures $7 Million to Accelerate Global Growth as Demand for Digital Transformation Increases

AUSTIN, TX / ACCESSWIRE, Jul 21, 2020 – (ACN Newswire) – Episode Six, a next-generation financial technology provider, today announced that it has secured $7 million of its Series A funding. The round was led by HSBC and includes investments from Mastercard and SBI Investment Co., Ltd., which first invested in Episode Six through its FinTech Business Innovation Fund in 2017.

"Financial institutions and innovators in other industries like healthcare are beginning to realize the constraints of legacy technology, especially given the increasing demand for new products and streamlined efficiencies," said Episode Six CEO John Mitchell. "We have developed financial technology which, via more than 500 APIs, facilitates that next level of configurability for companies looking to digitize their account and payments infrastructure or launch new products and solutions. We are pleased our investors share the same vision of helping businesses bring their offerings into the future."

In the past year, Episode Six has expanded its footprint in three of the world's largest financial markets – Tokyo, Singapore and London, and rolled out its latest technology enhancements, IONIC and Vertices, which allow for unprecedented flexibility and innovation in creating state-of-the-art, customer-centric financial and payments products. With this new funding, Episode Six will continue to grow and expand globally, delivering enhanced technology that powers digital transformation for companies and institutions in financial services, fintech, health tech and more.

"Episode Six has proven the power of its technology in Asia-Pacific, helping us develop digital wallet propositions to better serve our customers," said Brian McKenney, Chief Innovation Officer of HSBC's Global Liquidity and Cash Management division. "We look forward to exploring opportunities for expanding our product roadmap with Episode Six across other markets in the future."

Jason Lane, Executive Vice President, Market Development Europe at Mastercard noted: "Mastercard is committed to drive the digital economy making lives simple, seamless and secure. Fostering innovative banking services is essential for us to realize this commitment. To that end, we're pleased to support Episode Six in its endeavor to expand its activities in Europe."

Currently, 3 million consumers and businesses use products built using Episode Six technology. DLA Piper, a multinational law firm, served as counsel for the Company's Series A. For more on Episode Six's future-proofed financial technology, visit www.episodesix.com.

About Episode Six

Episode Six provides a next-generation financial technology platform for creating innovative and differentiated financial and payments products for consumers and businesses, enabling financial institutions, fintechs and other innovative companies to serve their customers better. Episode Six was founded by payments pioneers with the mission of redefining what is possible in the financial services and payments industries – industries that are increasingly burdened with inflexible legacy technology, which severely limits product evolution and innovation. Episode Six's proprietary, innovative technology was built from scratch and was architected to be future-proofed. It provides unparalleled product customization and on-demand product management capabilities. It is portable and compatible for use anywhere in the world with easy installation, integration and connection facilitated by an extensive and comprehensive set of APIs. Episode Six makes it possible for companies of all sizes to effortlessly design and manage products that consumers and businesses want and need. For more information, visit www.EpisodeSix.com.

Media Contact:
Michelle Mead
Caliber Corporate Advisers
michelle@calibercorporate.com
(888) 550-6385 ext. 7

SOURCE: Episode Six

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com