Jati Tinggi Marks Successful Listing on ACE Market

KUALA LUMPUR, Dec 20, 2023 – (ACN Newswire) – Jati Tinggi Group Berhad (“Jati Tinggi” or the “Company”), one of the players in the field of infrastructure utilities engineering, celebrated the Group’s debut today on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). The shares opened at RM0.305 per share, which reflects a 13.0% premium over the IPO price of RM0.27 per share.

Caption (L-R):Mr. Lee Tuck Wai, Chief Financial Officer, Jati Tinggi Group Berhad
Dato’ Ir. Lim Yew Soon, Independent Non-Executive Director, Jati Tinggi Group Berhad
Ms. Poon Lai Kit, Independent Non-Executive Director, Jati Tinggi Group Berhad
Mr. Chin Jiunn Shyong, Executive Director/ COO, Jati Tinggi Group Berhad
Datuk Ir. Mohd Aminuddin Bin Mohd Amin, Independent Non-Executive Chairman, Jati Tinggi Group Berhad
Dato’ Seri Lim Yeong Seong, Managing Director, Jati Tinggi Group Berhad
Datuk Hamzah Bin Mohd Tahir, Executive Director of Dealing, TA Securities Holdings Berhad
Ms. Loo May Len, Independent Non-Executive Director, Jati Tinggi Group Berhad
Ms. Vivien Hooi, Vice President, Corporate Finance, TA Securities Holdings Berhad
Mr. Teo Swee Hing, Commercial Senior Manager, Jati Tinggi Group Berhad

Jati Tinggi is listed under the stock name “JTGROUP” with the stock code “0292”.

The Group’s core activities encompass a range of essential services, including procurement, installation, testing, and maintenance of underground and overhead utilities engineering services and solutions, substation EPCC services, and supply and installation of electrical equipment for electrical substations. With a focus on project planning and project management, Jati Tinggi has established the Group’s positioning as a pivotal player in the electricity supply industry in Malaysia.

Through the IPO, Jati Tinggi has successfully raised RM18.04 million. The allocation of these funds is as follows: RM7.00 million for the repayment of bank borrowings, RM7.34 million for general working capital earmarked for new and existing projects, RM0.20 million for purchasing winch machines to support business expansion, and RM3.50 million set aside for listing expenses.

Datuk Ir. Mohd Aminuddin Bin Mohd Amin, Independent Non-Executive Chairman of Jati Tinggi, expressed gratitude, “The journey to this listing has been a collaborative effort, driven by the hard work and dedication of our team. I extend my deepest appreciation to everyone involved in this journey.”

Head of Corporate Finance of TA Securities Holdings Berhad, Mr. Ku Mun Fong commented, “Jati Tinggi’s debut on the ACE Market marks a significant milestone in their corporate journey. With their business model and strategic expansion plans, Jati Tinggi is well positioned to seize emerging opportunities in the sector. We are thrilled to have been a part of this journey. We look forward to witnessing the Group’s future success and growth in the coming years capitalising on the opportunities available from the capital expenditure to be incurred by Tenaga Nasional Berhad pursuant to recent announcements.”

TA Securities Holdings Berhad served as the Principal Adviser, Sponsor, Underwriter, and Placement Agent for the IPO.

CCCC issues ESG Report, top CSR Projects under BRI recognized

BEIJING, Dec 19, 2023 – (ACN Newswire) – The 10th Anniversary Event of China Communications Construction Company’s (CCCC) Joint Construction of the Belt and Road Initiative (BRI) was hosted in Beijing on December 15th.

The event, themed “In the Prosperous Silk Road’s Glow, Together We Construct a Brighter Tomorrow,” announced and commended CCCC’s top 10 projects under the BRI, including the Mombasa-Nairobi Standard Gauge Railway Project, the China-Maldives Friendship Bridge Project, the KKH Phase-II (Havelian-Thakot) Project, among others.

Pakistani Ambassador to China Khalil Hashimi presented awards for these projects. He called the KKH Phase-II (Havelian-Thakot) Project a lifeline of the China-Pakistan Economic Corridor, saying it reflects the wisdom of the Chinese side in multiple aspects.

The project marked in-depth cooperation between Pakistan and the CCCC, and also between Pakistan and China, Hashimi noted, adding that he looks forward to more outcomes of cooperation between the two countries.

The event also unveiled CCCC’s top 10 outstanding Chinese and international employees, who have been deeply involved in the infrastructure development of relevant countries and made important contributions to local socioeconomic development and people’s livelihood.

South Sudanese Ambassador to China, Monday Semaya Kenneth Kumba noted that as an internationally leading infrastructure construction company, CCCC boasts the most outstanding construction teams in the world.

The ambassador extended his gratitude to CCCC for its dedication and efforts in South Sudan, saying he looks forward to closer cooperation between more excellent teams from CCCC and his country, and more practical results in transportation infrastructure and developing local talents in South Sudan.

Over the past decade, CCCC has actively responded to the BRI, leveraged its full-industry-chain advantages, and upheld the ESG philosophy. It has launched the “Build Your Future Dream” social responsibility brand worldwide to fulfill its economic, environmental, and social responsibilities.

During the event, CCCC released its ESG Report for the BRI and its top 10 cases of CSR and brand building for the BRI.

The BRI has brought positive impacts to Sri Lanka in terms of foreign trade, tourism, and ecological conservation, said K. K. Yoganaadan, the Chargé d’Affaires of the Sri Lankan Embassy in China.

The Colombo Port City, in particular, has achieved remarkable accomplishments in environmental protection, which has safeguarded and enhanced the ecological environment and marine biodiversity in surrounding waters, Yoganaadan added.

Wang Yueran, huanqiu.com
Email: luojie@huanqiu.com
Phone: 13002252096
Website: http://www.huanqiu.com

Global leaders and Nobel laureate attend AFF 2024

HONG KONG, Dec 19, 2023 – (ACN Newswire) – Asian Financial Forum 2024 (AFF), co-organised by the Hong Kong Special Administrative Region (HKSAR) government and the Hong Kong Trade Development Council (HKTDC), will shed light on the importance of fostering sustainable multilateral cooperation while capitalising on Hong Kong’s strengths as an international financial centre under the current global economic landscape.

Themed Multilateral Cooperation for a Shared Tomorrow, the 17th AFF is scheduled to take place on 24 and 25 January 2024 (Wednesday and Thursday) at the Hong Kong Convention and Exhibition Centre (HKCEC). The first large-scale international financial and business event of 2024 in the region, the forum brings together over a hundred financial heavyweights, global policymakers and business leaders to discuss such topics as the global economic outlook, opportunities in Mainland China, investment prospects, green finance, financial technology and multilateral cooperation opportunities.

Luanne Lim, Chairperson of the AFF Steering Committee and Chief Executive, Hong Kong, of HSBC, said: “The theme of the upcoming AFF is Multilateral Cooperation for a Shared Tomorrow. The importance of fostering multilateral cooperation cannot be overstated, as it paves the way for sustainable and inclusive growth in our interconnected world. AFF aims to bring together influential speakers and thought leaders from across the globe to facilitate exchanges between nations and regions. Together, we will explore the challenges and opportunities faced by the financial industry in supporting economic development.”

Economist analyses global cooperation and sustainable economic development

AFF’s keynote luncheons have always been a highlight and this year Prof Jeffrey D Sachs, President of United Nations (UN) Sustainable Development Solutions Network, will share his insights. A polymath who focuses on sustainable development, Prof Sachs is a reservoir of knowledge on international debt and financial crises, national economic reforms, extreme poverty, global climate change, pandemic prevention and control and many other socioeconomic matters.

From 2001 to 2018, he served as a special adviser to three UN secretaries-general. Prof Sachs was awarded the 2022 Tang Prize in Sustainable Development and the 2015 Blue Planet Prize. During the first keynote luncheon on 24 January, he will explore the post-pandemic global economic environment, analyse the latest recovery trends and emphasise the crucial role of global cooperation in sustainable development.

Nobel laureate addresses recession risks

The second keynote luncheon on 25 January will hear from Prof Douglas W Diamond, Nobel Laureate in Economic Sciences in 2022 and Merton H Miller Distinguished Service Professor of Finance at University of Chicago’s Booth School of Business. Recipient of the Onassis Prize in Finance in 2018, Prof Diamond is a leading authority on bank runs and liquidity crises, earning him the title “father of modern banking theory”. He also served as the president of the American Finance Association and has taught as a visiting professor at the Hong Kong University of Science and Technology.

Given the uncertain economic outlook and increasing geopolitical risks in several regions, Prof Diamond will discuss likely interest rate moves by the United States Federal Reserve as well as risks of future economic recessions and measures to address structural financial crises.

Introducing Stewarding China’s New Chapter and CIO Insights

In response to ever-changing dynamics in the global economy and investment appetite, this year’s AFF will introduce discussion sessions in accordance with market opportunities and industry trends. These sessions aimed at analysing the business opportunities presented to enterprises in emerging markets such as ASEAN and the Middle East. Stewarding China’s New Chapter and CIO Insights will be newly introduced in this year’s AFF. As China is one of the largest engines of global growth, the newly introduced session, Stewarding China’s New Chapter will analyse links with other regions and discuss the role and advantages of Hong Kong. Another new addition is CIO Insights, which will bring together renowned international institutions’ investment leaders to share unique perspectives in the investment field. The sessions will also discuss asset allocation when the investment outlook is uncertain and examine current investment trends in the macroeconomic landscape. The popular Global Economic Outlook, Dialogues for Tomorrow and Fireside Chat, will also be back, covering topics including asset and wealth management, insurance and risk management, RMB Internationalisation, multilateral capital market cooperation, food technology and supply chain security, financial technology, influential investment and financial cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and various financial, economic, social trends, and global issues.

AFF Deal-making connects funds and investment projects

Over the years, the AFF Deal-Flow co-organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association has arranged more than 9,000 meetings for over 6,300 enterprises, including project owners and investors. The highly successful event has allowed participants to connect with funds and investment projects from around the world in such key industries as fintech, environment, energy and environmental technology, medical technology, deep technology and consumer goods. The coming AFF Deal-making will be held in physical form during the Forum, then online until 30 January (Tuesday), providing investors and project owners with more time to connect and explore collaboration opportunities.

The featured exhibition zones – Fintech Showcase, Fintech HK Startup Salon, the InnoVenture Salon and Global Investment Zone – will display next-generation financial concepts, start-up development and global investment opportunities, respectively. The exhibition segment is expected to bring together over a hundred local and global exhibitors, international financial institutions, technology companies, start-ups, investment promotion agencies and sponsors, including Knowledge Partner PwC, HSBC, Bank of China, Standard Chartered Bank, UBS, China International Capital Corporation (CICC), Huatai International, Cyberport and more.

Stellar lineup of themed discussions focus on Middle East and ASEAN

At AFF, engaging discussion sessions and workshops over the two days will include plenary sessions, policy dialogues, keynote luncheon and breakfast panels and thematic workshops. Esteemed financial officials, international financial and multilateral organisations, financial institutions and corporate decision-makers from a diverse range of countries will grace the Forum to identify valuable opportunities while addressing pressing global issues. The forum will feature a stellar lineup of themed discussions and policy dialogues, attracting finance ministers from the Middle East, ASEAN and around the world as well as senior executives from multilateral organisations and international financial institutions.

Launch 2024 with AFF

As the premier financial and business event in the region in 2024, AFF aims to help industry professionals seize opportunities and create more room for cooperation while promoting Hong Kong.

Early bird registration is now open for participants.

AFF has also collaborated with a number of organisations to provide special travel, dining and shopping discounts and privileges for overseas participants, encouraging them to make the most of their stay and experience the vitality of Hong Kong. Further details on event content, complete speaker lineup and media registration arrangements will be announced at a press conference in mid-January.

Websites
Asian Financial Forum: https://www.asianfinancialforum.com/aff/
Programme: https://www.asianfinancialforum.com/conference/aff/en/programme
Speaker List: https://www.asianfinancialforum.com/conference/aff/en/speakers

Members of the media interested in interviewing speakers at the Asian Financial Forum can email awong@yuantung.com.hk or tleung@yuantung.com.hk by 16 January 2023.

Photos Download: https://bit.ly/3GN43dR

Asian Financial Forum 2024, organised by the HKSAR Government and the HKTDC, will be held on 24 and 25 January 2024 (Wednesday and Thursday) at the Hong Kong Convention and Exhibition Centre, under the theme Multilateral Cooperation for a Shared Tomorrow. The picture shows scenes from the Forum in 2023.

During the keynote luncheon on the first day of the Forum (24 January), Prof Jeffrey D Sachs, President of United Nations Sustainable Development Solutions Network, will explore the post-pandemic global economic environment, analyse the latest recovery trends, and emphasise the crucial role of global cooperation in sustainable development.

The keynote luncheon on the second day of the Forum (25 January) will feature a keynote speech by Prof Douglas W Diamond, Nobel Laureate in Economic Sciences in 2022 and Merton H Miller Distinguished Service Professor of Finance at University of Chicago’s Booth School of Business, discussing prospects for interest-rate moves by the United States Federal Reserve and economic recession risks, and delve into measures to address structural financial crises.

After the forum, AFF Deal-making participants can continue with online matchmaking and meetings that will last three days until 30 January (Tuesday). This will allow investors and project owners more time to connect and negotiate investment deals and collaborations. The picture shows scenes from the Forum in 2023.

Luanne Lim (left), Chairwoman of the AFF Steering Committee and Chief Executive, Hong Kong, of HSBC and Patrick Lau (right), Deputy Executive Director of the HKTDC

Media enquires
HKTDC’s Communications & Public Affairs Department:
Katy Wong, Tel: (852) 2584 4524, Email: katy.ky.wong@hktdc.org
Snowy Chan, Tel: (852) 2584 4525, Email: snowy.sn.chan@hktdc.org

Yuan Tung Financial Relations:
Anson Wong, Tel: (852) 3428 3413, Email: awong@yuantung.com.hk
Tiffany Leung, Tel: (852) 3428 2361, Email: tleung@yuantung.com.hk
Hing-fung Wong, Tel: (852) 3428 3122, Email: hfwong@yuantung.com.hk

HKTDC Media Room: http://mediaroom.hktdc.com

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 research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Legend Capital Portfolio Company ZKH Lists on the New York Stock Exchange Successfully

HONG KONG, Dec 19, 2023 – (ACN Newswire) – On the evening of December 15th, Beijing time, Legend Capital’s portfolio company, ZKH Group Limited (“ZKH”) (NYSE: ZKH), was officially listed on the New York Stock Exchange.

ZKH is a leading maintenance, repair and operations (“MRO”) procurement service platform in China. The company provides one-stop MRO procurement and management services for its customers and offers digital and fulfilment solutions for participants along the industry value chain.

ZKH offers a broad range of MRO products covering all major MRO product lines and over 17 million SKUs. The company’s product lines can be broadly divided into five categories: spare parts, chemicals, manufacturing parts, general consumables, and office supplies, which consist of 32 product lines available on its platform. It has established long-term cooperation with more than 60,000 advanced manufacturing customers. At present, ZKH has 30 distribution centers and 96 transit warehouses, continuing the dedication to building a nationwide fulfilment network to deliver last-mile delivery services for customers.

Legend Capital co-led ZKH’s Series C financing in 2018 and made additional investments in the company’s subsequent financing rounds in 2019 and 2020. After the investment, Legend Capital has kept giving support and assistance to the company in multiple aspects, including business resource introduction, corporate strategy, follow-up financing and listing-related work.

Legend Capital stated: “After years of development, ZKH has demonstrated competitive strengths in the industry based on its differentiated capabilities, including one-stop supply chain capabilities covering all major product categories and procurement channels, delivery capabilities characterized by distributed warehousing and instant delivery, and service capabilities featuring online/offline products and advantageous product lines. At the same time, the company has an efficient and highly capable team consisting of outstanding talents in multiple fields, including industrial products, e-commerce, and logistics, and the management team, led by the founder of the company, Mr. CHEN Long, has also demonstrated strong resource integration capabilities. The approval for listing has reflected the resilience of ZKH’s business development. Congratulations!”

About Legend Capital

Founded in 2001, Legend Capital is a leading VC&PE investor focusing on the early-stage and growth-stage opportunities in China, with offices across Beijing, Shanghai, Shenzhen, Hong Kong, and Seoul, Korea.

It currently manages USD and RMB funds of over US$10 billion in commitments, and has invested in around 600 companies, covering technology, healthcare, consumer, enterprise service and intelligent manufacturing sectors. Rooted in China, Legend Capital participated in the rise of many world-leading companies by solid investment coverage and systematic post-investment value-add. Over the years, Legend Capital has also become a widely recognized name in bridging key resources in China and overseas through cross-border activities, and a valuable partner to Chinese and overseas investors.

Legend Capital values long-term sustainable investment and incorporates ESG into its long-term development strategy. As a UNPRI signatory since November 2019, Legend Capital is among the first group of top VC/PE firms in China to join the initiative.

For more information, please visit www.legendcapital.com.cn/index_en.aspx and follow us on LinkedIn @Legend Capital.

The article is distributed by Ever Bloom (HK) Communications Consultants Group Limited on behalf of Legend Capital.

For further information, please contact:

Ms. Orianna Ou / Ms. Arina He

Tel: +852 3468 8171

Email: legendcapital.list@everbloom.com.cn

LQR House Repurchases 499,940 Shares in Ongoing Share Buyback Program and Shares Fintel’s Updated Price Target of $306 per Share

MIAMI BEACH, FL, Dec 18, 2023 – (ACN Newswire) – LQR House Inc. (the “Company” or “LQR House”) (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, provides an update on the progression of its Share Buyback Program and shares Fintel’s updated price target for LQR.

LQR House has executed another tranche of its Share Buyback Program, reinforcing its commitment to shareholder value. During the week ending, December 15, 2023, the Company strategically repurchased 499,940 shares of its common stock at an average cost of $2.26859 per share, following Rule 10b-18 guidelines. This move was the Company’s response to shareholder concerns, demonstrating the management’s attentiveness and dedication to enhancing value by reducing the available free float.

Sean Dollinger, Chief Executive of LQR House, expressed his ongoing belief in the Company’s resilience, citing the recent events as a testament to its strength. Mr. Dollinger stated, “With continued confidence in our business and pipeline, the management team believes that Company shares are an attractive investment opportunity.” He emphasized his thoughts on the undervaluation of LQR House shares and the share repurchases serving as a value-enhancing use of capital. Mr. Dollinger further commented on the Company’s financial discipline and strategic focus, stating, “As we look at the broader landscape and the strategic opportunities before us, we intend on remaining financially disciplined with a clear focus on executing against our strategy, delivering value for our shareholders, and investing in our future.”

Additionally, Fintel published an article on December 16, 2023, detailing a staggering 5900.00% increase in the average one-year price target for LQR to $306.00 per share from the prior estimate of $5.10 per share dated November 26, 2023. The average one-year price target for LQR House has been revised significantly, reflecting an increase of 11,806.61% from the latest reported closing price of $2.57 per share. This positive adjustment is based on various analysts’ estimates, ranging from a low of $303.00 to a high of $315.00 per share. For more details, read the full article here.

About LQR House Inc.

LQR House intends to become a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate the consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role as an e-commerce leader, LQR House is a marketing agency with a specialized focus on the alcohol industry. The Company measures campaign success by directly correlating it with sales on CWSpirits.com, demonstrating a proven return on investment. Backed by an influential network of over 550 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing solutions.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement on Form S-1 filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement on Form S-1 and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov.

Investor and Media Contact: info@lqrhouse.com

HKIRA 15th Anniversary Summit cum Cocktail Celebration Gathers industry elites to promote sustainable development, Uphold Hong Kong as an International Financial Centre

HONG KONG, Dec 18, 2023 – (ACN Newswire) – Hong Kong Investor Relations Association (“HKIRA”) recently held its 15th Anniversary Summit cum Cocktail Celebration, gathering industry leaders to help drive continuous innovation in and progress of the industry, and to strengthen corporate governance and maintain exchange with investors. HKIRA had the great honour of having Mr Chan Mo-po, Paul, GBM, GBS, MH, JP, Financial Secretary of the Hong Kong SAR Government, as officiating guest of the Summit.

Themed “IR New Horizons: Sustainability and Innovation”, this year’s summit brought together leading Hong Kong listed companies in various industries, international enterprises, investors from around the world, analysts, financial experts, and representatives of regulators, overseas investor relations associations and stock exchanges. HKIRA also invited about 18 speakers from the most influential organisations and listed companies in different industries, including the Hong Kong Exchanges and Clearing Limited, EY, MSCI, New World Development Co. Ltd. and academia, to share their insights and experience on issues of interest to the financial market and IR industry.

Dr Eva Chan, Founding Chairman of HKIRA, said, “In the past 15 years, we have seen HKIRA grow, with more and more members joining and embarking on cooperation in widening scope with each other. We also have the support from regulators and have built close partnership with other industry associations. These achievements have brought abundant resources and opportunities to HKIRA and our members, as well as helped strengthen our professional capabilities and influence in the IR sector.”

“Looking ahead, we will continue to help safeguard Hong Kong’s status as an international financial centre and actively partake in cooperation and exchange in the international IR realm. We will work closely with regulators, industry associations and other stakeholders to promote best IR practices and standards, plus enhance information disclosure and investment opportunities for investors. We believe, with our consistent effort and via cooperation, Hong Kong will continue to be an important hub and window for the global IR industry.”

Strategic Public Relations Group is proud to be the Official Public Relations Partner and Diamond Sponsor of HKIRA again for its 15th Anniversary Summit cum Cocktail Celebration 2023.

Mr Chan Mo-po, Paul, GBM, GBS, MH, JP, Financial Secretary of the Hong Kong SAR Government, friends from the investment community and industry professionals attend the HKIRA 15th Anniversary Summit Cum Cocktail Celebration

About HKIRA

Hong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.

HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,300 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 64% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA’s members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.

Media enquiries:

Strategic Public Relations Group

Cindy Lung Tel: +852 2864 4867 Email: cindy.lung@sprg.com.hk

Holly Szeto Tel: +852 2864 4859 Email: holly.szeto@sprg.com.hk

Michelle Shiu Tel: +852 2864 4861 Email: michelle.shiu@sprg.com.hk

Website: www.sprg.asia

Hong Kong Investor Relations Association

General Enquiry Tel: +852 2117 1846 Email: info@hkira.com

Website: www.hkira.com

Mitrade Tops Charts for Best Client Fund Security Worldwide, Secures its Position as Best Forex Trading App in Australia

MELBOURNE, Dec 15, 2023 – (ACN Newswire) – Mitrade is honored and titled as this year ‘s “Best Client Fund Security – Global ” and “Best Forex Trading App – Australia”, by the International Business Magazine. The International Business Magazine Awards took place at Atlantis, The Palm in Dubai earlier this November. The event brought together industry leaders to celebrate outstanding achievements, making it a night of recognition and triumph in the global business community.

This accomplishment highlights Mitrade’s commitment to ensuring maximum security and trust for its clients. The company has become a top choice for traders who value reliability and peace of mind by prioritizing a comprehensive, secure, and transparent trading environment.

Best Client Fund Security – Global 2023

A testament to its exemplary commitment to safeguarding client investments. This recognition stems from Mitrade‘s rigorous security measures, including the use of segregated accounts to ensure client funds are kept separate from company assets, and bolstered by strict regulatory compliance. These practices not only set industry benchmarks but also instill confidence among clients, affirming that their investments are managed with the utmost integrity and safety, allowing them to trade with peace of mind.

Best Forex Trading App – Australia 2023

Mitrade, acclaimed as Australia’s ‘Best Forex Trading App’ for 2023, has firmly established its position as the top choice among forex traders. This prestigious award reflects Mitrade’s commitment to delivering a seamless trading experience, combining a user-friendly interface with advanced trading tools. Key to its acclaim is the integration of MitradeGPT, a cutting-edge AI feature providing real-time, concise news updates. Furthermore, an upgrade to its core charting system through a collaboration with TradingView has further improved its interface, streamlining the trading process for users. Together, these innovations make trading not just faster, but also smarter, benefitting both novice and experienced traders alike.

About Mitrade

Mitrade is a leading global online CFD trading platform that offers a diverse range of financial instruments to traders internationally. With over 400 markets to choose from, traders have unparalleled opportunities to engage in various assets, including stocks, commodities, currencies, and indices. Whether it’s exploring the stock market, delving into the intricacies of forex trading, or navigating the world of commodities, Mitrade provides a comprehensive selection of trading products. For more information, please visit www.mitrade.com.

Social Links
Facebook: https://www.facebook.com/MitradeOfficial
Twitter: https://twitter.com/MitradeOfficial
LinkedIn: https://www.linkedin.com/company/mitradecom/
Instagram: https://www.instagram.com/mitrade_official/
YouTube: https://www.youtube.com/c/Mitradeglobal/

Media Contact
Brand: Mitrade
Contact: Media team
E-mail: branding@mitrade.com
Website: https://www.mitrade.com/

HKTDC Export Index 4Q23: 4-6% expected growth for Hong Kong exports in 2024

HONG KONG, Dec 14, 2023 – (ACN Newswire) – Hong Kong exports are expected to grow by 4% to 6% next year – a sharp contrast to the 11% decline in the city’s export levels recorded for the period between January and October this year.

This optimistic outlook is driven by the significant increase in demand for electronic components, partly on account of growing demand for AI-enabled devices and other finished products, which play a crucial role in boosting the city’s prospects.

Commenting on the likely upturn in Hong Kong’s export performance, Hong Kong Trade Development Council (HKTDC) Director of Research Ms Irina Fan said: “The unique properties of Hong Kong’s electronics-orientated export economy make it almost ideally positioned to take full advantage of the imminent rebound in demand for high-tech components.”

The Hong Kong Export Outlook forms part of the review of the city’s export prospects conducted annually by HKTDC Research. This wide-ranging review takes into account a wide array of factors, including many key global, regional and local economic indicators.

Light at the end of the tunnel

Despite many of the factors restraining Hong Kong’s 2023 export growth likely to remain in place next year, HKTDC Research’s confidence is based on the widespread acknowledgment that the electronics sector – which accounts for 70% of all of Hong Kong’s exports – is expected to enjoy rapid growth in 2024, partly on account of growing consumer and business demand for AI-enabled PCs.

“Demand in this sector is certain to bolster the local economy overall, ensuring that Hong Kong’s wide exporter base will be fully ready and adequately resourced to take advantage of wider global economic recovery, which is expected to come to fruition over the course of 2025,” she added.

Continuously softened sentiment in the near-term

Export growth is set to come after continuously softened export sentiment this year. The HKTDC Export Index contracted 5.5 points to 35 in the fourth quarter of 2023, indicating Hong Kong exporters have become more cautious amid rising geopolitical tensions, in particular the Israel-Gaza conflict, and sluggish external demand.

Exporter sentiment has declined across four of the six major industry sectors. Machinery at 40.3 (up 0.9 points) was one of the better-performing sectors, followed by electronics at 34.8 (down 6.0 points). Less optimistically, toys suffered the most substantial decline, falling 12.8 points to 29.4.

Based on a quarterly HKTDC survey of 500 exporters from six major industries – clothing, electronics, jewellery, machinery, timepieces and toys – the index above 50 indicates an optimistic outlook and below 50 pessimistic.

India, Taiwan and Mainland China markets promising

Sentiment in all key export markets remains below 50. However, sentiment towards India (42.7, up 10.1 points) is the most positive, followed by Taiwan (42.5, up 4.8 points) and Mainland China (39.5, up 0.9 points). Meanwhile, exporters were less confident, when it came to their export prospects to the EU (34.6, down 2.6 points) and the US (33.6, down 2.8 points).

Economic risks and geopolitical tensions concerns

Looking ahead, economic risks remain the top concern for 2024. The majority (84.7%) of respondents saw economic slowdowns or recession risks in overseas markets as the major challenge, followed by ongoing geopolitical tensions (62.5%) and rising transport costs / disruption to logistics and distribution obstructions (41.8%).

Ensuring sufficient cash flow clearly stands out as the focus for next year, with over half of the exporters intending to adopt cash flow management, significantly more than in the last survey in the third quarter this year (32%). More exporters also aim to maintain competitiveness by providing a wider range of value-added services (44.5%) and increasing marketing and promotional activities (41.2%).

HKTDC Research Principal Economist Mr Wing Chu said in addition to the common strategy of cash flow management, different industries favour various approaches. “For example, businesses in the electronics, timepieces and machinery sectors are keen to increase marketing, promotion or business matching in the coming year. Those in jewellery and clothing sectors, meanwhile, are more inclined to prioritise the use of e-commerce to drive sales growth,” he added.

References
– Hong Kong’s Export Outlook 2024: Modest Electronics-Led Recovery Now Anticipated
https://research.hktdc.com/en/article/MTU2MDQ4MjM3Mg
– HKTDC Export Index 4Q23: HKTDC Export Index 4Q23: Soft export sentiment amid rising concern of economic risk
https://research.hktdc.com/en/article/MTU1Njk2OTg3Ng
– HKTDC Research website: https://research.hktdc.com/en/

Photo download: https://bit.ly/41jZQb5

HKTDC Director of Research Ms Irina Fan (left) and Principal Economist Mr Wing Chu (right) announced the Hong Kong’s Export Outlook 2024 and the HKTDC Export Index for the fourth quarter of 2023 at a press conference today

HKTDC Director of Research Ms Irina Fan

HKTDC Principal Economist Mr Wing Chu

Media enquiries
Please contact the HKTDC’s Communication and Public Affairs Department:
Jane Cheung
Tel: (852) 2584 4137
Email: jane.mh.cheung@hktdc.org

About HKTDC

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.

Real estate exemplars succeed at the 18th PropertyGuru Asia Property Awards Grand Final

BANGKOK, THAILAND, Dec 11, 2023 – (ACN Newswire) – PropertyGuru Group (NYSE: PGRU) today announced the winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Dongpeng Ceramic and Subzero Wolf, at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

Winners from 13 vibrant property markets across Asia competed for the highest marks of excellence in real estate development, construction, architecture, and design at the finale of the 2023 PropertyGuru Asia Property Awards series. More than 50 golden statuettes, accolading the finest developers and projects in the region, were presented at the black-tie gala dinner and presentation ceremony.

GuocoLand won the biggest award of the year, Best Developer (Asia), for the third time in the history of the Awards. It marks one of five regional wins for developers from Singapore, with Frasers Property Singapore winning the Best Mixed Use Developer (Asia) award and UOL Group Limited and Pan Pacific Hotels Group winning the Best Hospitality Developer (Asia) award. UOL Group Limited also won the Best Sustainable Developer (Asia) award while EL Development Pte Ltd won the Best Hospitality Interior Design (Asia) award.

Developers from Indonesia gained eight regional wins, the most of any country. PT Sinar Mitbana Mas garnered the Best Breakthrough Developer (Asia) title, with parent company Sinar Mas Land and subsidiary PT. BSD Diamond Development also receiving regional wins. Various projects by Agung Sedayu Group & Salim Group; Summarecon Agung; and Summarecon Serpong collected regional wins.

The Philippines was represented with seven regional wins, with Aboitiz InfraCapital Economic Estates winning both the Best Industrial Developer (Asia) and Best Industrial Development (Asia) awards. RLC Residences; Robinsons Hotels and Resorts; North Bonifacio Landmark Realty and Development Inc.; Shang Robinsons Properties, Inc.; and Sunshine Fort North Bonifacio Realty Development Corporation received golden statuettes for a wide range of projects.

Developers from Vietnam received six regional wins, led by SonKim Land Corporation, which won both the Best Luxury Developer (Asia) and Best Boutique Mixed Use Development (Asia) awards. Regional winners include ParkCity Group, which won the Best Completed Condo Development (Asia) award.

Andaman Asset Solution won the Best Boutique Developer (Asia) award in one of six regional wins for developers from Thailand. KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) alone earned three regional wins for the kingdom while Rawayana by Phuket9 scored two regional wins.

Salvo was named Best Lifestyle Developer (Asia), one of five regional wins for developers from Australia. Regional winners from the country include projects by Capital Luxury Residences; Monaco Property Group; R.Corporation; and Third.i Group.

Malaysia and Cambodia each gained four regional wins. Perbadanan Kemajuan Negeri Selangor (PKNS) was hailed Best Affordable Homes Developer (Asia), with projects by Eastern & Oriental Berhad; Eupe Corporation Berhad; and Sime Darby Property also representing Malaysia with regional titles. Projects by OCIC Group and RM Commercial Co., Ltd. each clinched a regional win for Cambodia as Sir Stamford Raffles (Cambodia) Co., Ltd. gained two regional wins for the project Marum Estate.

Hanacreek by Apex Property and Aki Niseko by Takuetsu Co., Ltd. represented Greater Niseko as regional winners from the renowned Japanese skiing destination.

The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited and M8 by China Construction Engineering (Macau) Company Limited garnered two regional wins for Hong Kong and Macau. New Bund 31 by Shun Tak Qiantan (Shanghai) Cultural and Real Estate Company Limited was named Best Mixed Use Development (Asia), a regional win for Mainland China.

The Grand Final drew one of the most iconic personalities in the Hong Kong real estate industry. Dr. Allan Zeman, founder and chairman of Lan Kwai Fong Group, came to accept the Icon Award from the editorial team of Property Report by PropertyGuru, the official magazine.

Dr. Zeman, who won the Real Estate Personality of the Year title in 2015, said: “It is an honour to be awarded the 2023 Icon Award. Lan Kwai Fong has become a great brand in HK and throughout the world. This is very important to us and to our partner.”

Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “The culmination of this year’s PropertyGuru Asia Property Awards series is a fitting celebration of the changemakers who are contributing to shaping tomorrow’s cities. From lively capitals to sprawling metropolises and well-planned townships, the future of cities in Asia is in the capable hands of these fine developers, lighting the way for a more sustainable, equitable, and innovative industry in their respective countries. To all the winners – we celebrate your success and look forward to what you create next.”

Jules Kay, GM of PropertyGuru Asia Property Awards and Events, said: “Recognising and awarding excellence in 2023 led us on an insightful journey through the diverse property markets of Asia. Celebrating real estate from the cities of tomorrow, we rediscovered a shared aspiration for quality among developers, buyers, and builders, and a growing commitment to sustainability among residential, commercial, and industrial developers. The finest places to live and work in Asia have become shining examples of quality, clearly showing that this region remains focused on raising development standards, redefining design, and revitalising economies. Congratulations to all the Best in Asia winners as you continue to drive positive change and innovation.”

The regional winners were chosen by an independent jury, composed of the head judges of participating markets in the Awards: Thien Duong, chairperson of the Grand Final and general director, Group GSA (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Greater Niseko); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ken Ip, assistant general manager and group head of marketing, B.S.C. Group (Mainland China); Kristin Thorsteins, head of partnership growth for APAC at IWG PLC (Singapore); Lui Violanti, regional manager for Western Australia, Inhabit Group (Australia); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (Hong Kong and Macau); Sorn Seap, executive vice president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).

HLB, the leading international accounting and advisory ï¬?rm, ensured that the selection process was fair and transparent, under the supervision of Paul Ashburn of HLB International Real Estate Group.

Organised by PropertyGuru Group, the 18th PropertyGuru Asia Property Awards Grand Final is supported by platinum sponsor Kohler; silver sponsors Dongpeng Ceramic and Subzero Wolf; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; official publicity partner Artemis Associates; media partners Bridges, d+a Magazine, Housing.com, Manila Bulletin, Powderlife, and The Manila Times; official beverage partner Fah Mai Holdings; supporting partners REHDA Institute and IFC-EDGE; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

COMPLETE LIST OF WINNERS

18th PropertyGuru Asia Property Awards (Grand Final)

DEVELOPER AWARDS

Best Developer (Asia)

GuocoLand – Singapore (REGIONAL WINNER)

Apex Property – Greater Niseko

New World China – Mainland China

OCIC Group – Cambodia

Robinsons Land – Philippines

Sinar Mas Land – Indonesia

Sino Land Company Limited – China – Hong Kong and Macau

Best Luxury Developer (Asia)

SonKim Land Corporation – Vietnam (REGIONAL WINNER)

Best Industrial Developer (Asia)

Aboitiz InfraCapital Economic Estates – Philippines (REGIONAL WINNER)

Best Mixed Use Developer (Asia)

Frasers Property Singapore – Singapore (REGIONAL WINNER)

Federal Land, Inc. – Philippines

MontAzure – Thailand

Best Lifestyle Developer (Asia)

Salvo – Australia (REGIONAL WINNER)

Habitat Group Co., Ltd. – Thailand

Hoi Hup Realty Pte Ltd – Singapore

PT. BSD Diamond Development – Indonesia

RLC Residences – Philippines

Best Commercial Developer (Asia)

Keppel Vietnam – Vietnam (REGIONAL WINNER)

Paramount Land – Indonesia

TE Capital Partners and LaSalle Investment Management – Singapore

Best Hospitality Developer (Asia)

UOL Group Limited and Pan Pacific Hotels Group – Singapore (REGIONAL WINNER)

Agung Sedayu Group – Indonesia

Best Sustainable Developer (Asia)

UOL Group Limited – Singapore (REGIONAL WINNER)

Best Boutique Developer (Asia)

Andaman Asset Solution – Thailand (REGIONAL WINNER)

CSI Properties Limited – China – Hong Kong & Macau

Skyland Group – Australia

Best Affordable Homes Developer (Asia)

Perbadanan Kemajuan Negeri Selangor (PKNS) – Malaysia (REGIONAL WINNER)

Best Breakthrough Developer (Asia)

PT Sinar Mitbana Mas – Indonesia (REGIONAL WINNER)

Da Vinci Land – Singapore

DEVELOPMENT AWARDS

Best Mega Township Development (Asia)

BSD City by Sinar Mas Land – Indonesia (REGIONAL WINNER)

Best Waterfront Township Development (Asia)

Golf Island PIK (Kawasan Pantai Maju) & Riverwalk Island PIK (Kawasan Pantai Kita) by Agung Sedayu Group & Salim Group – Indonesia (REGIONAL WINNER)

Best Township Development (Asia)

Summarecon Bekasi by Summarecon Agung – Indonesia (REGIONAL WINNER)

Best Mixed Use Development (Asia)

New Bund 31 by Shun Tak Qiantan (Shanghai) Cultural and Real Estate Company Limited – Mainland China (REGIONAL WINNER)

Ginza Beachwalk PIK2 by Agung Sedayu Group – Indonesia

LIMA Central Business District by Aboitiz InfraCapital Economic Estates – Philippines

Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia

One Bernam by HY-MCC (Bernam) Pte Ltd – Singapore

Best Boutique Mixed Use Development (Asia)

The OpusK – Luxury Boutique Office by SonKim Land Corporation – Vietnam (REGIONAL WINNER)

Rawayana by Phuket9 – Thailand

Best Residential Development (Asia)

Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia (REGIONAL WINNER)

Best High Rise Condo Development (Asia)

Aurelia Residences by Shang Robinsons Properties, Inc. – Philippines (REGIONAL WINNER)

Diamond Bay Garden by OCIC Group – Cambodia

Est8 @ Seputeh by Eupe Corporation Berhad – Malaysia

JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau

Riviere by Frasers Property Quayside Pte Ltd – Singapore

The OpusK Residence by SonKim Land Corporation – Vietnam

Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Zhuhai Huafa Sky Hill Mansion by Zhuhai Huafa Properties Co., Ltd. – Mainland China

Best Low Rise Condo Development (Asia)

Rainbow Springs Condovillas by Summarecon Serpong – Indonesia (REGIONAL WINNER)

Best Boutique Condo Development (Asia)

Kurraba Residences by Third.i Group – Australia (REGIONAL WINNER)

Niseko Kyo by Rooftop RE (Japan) Pte Ltd – Greater Niseko

Best Luxury Housing / Landed Development (Asia)

Capri by Monaco Property Group – Australia (REGIONAL WINNER)

Layton at NavaPark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land Joint Venture – Indonesia

Park Heritage Pattanakarn by Sammakorn Plus Company Limited – Thailand

Best Housing / Landed Development (Asia)

Ilham Residence by Sime Darby Property – Malaysia (REGIONAL WINNER)

Hanaridge by Apex Property – Greater Niseko

Pollen Collection by Bukit Sembawang Estates Limited – Singapore

Best Waterfront Condo Development (Asia)

Diamond Bay Garden by OCIC Group – Cambodia (REGIONAL WINNER)

Riviere by Frasers Property Quayside Pte Ltd – Singapore

Best Waterfront Residence (Asia)

Amorel by Capital Luxury Residences – Australia (REGIONAL WINNER)

Best Connectivity Condo Development (Asia)

Green Tower Di An Binh Duong by TBS Land – Vietnam (REGIONAL WINNER)

Glam Residences by SM Development Corporation (SMDC) – Philippines

Best Completed Condo Development (Asia)

Park Kiara, ParkCity Hanoi by ParkCity Group – Vietnam (REGIONAL WINNER)

Seaside Residences by East Vue Pte Ltd – Singapore

Best Wellness Residential Development (Asia)

The Zora by PT. BSD Diamond Development – Indonesia (REGIONAL WINNER)

Bloom Residences by SM Development Corporation (SMDC) – Philippines

Best Smart Building Development (Asia)

Knowledge Hub by Sinar Mas Land – Indonesia (REGIONAL WINNER)

Best Smart Home Development (Asia)

Woodsville Crest by RLC Residences – Philippines (REGIONAL WINNER)

Best Green Development (Asia)

Central Market PIK by Agung Sedayu Group and Salim Group, curated by Amantara – Indonesia (REGIONAL WINNER)

LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines

The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited – China – Hong Kong and Macau

The LakeGarden Residences by Wing Tai Asia – Singapore

Best Industrial Development (Asia)

West Cebu Estate by Aboitiz InfraCapital Economic Estates – Philippines (REGIONAL WINNER)

Bandar Bukit Raja by Sime Darby Property – Malaysia

CT FoodNEX by Chiu Teng Group – Singapore

Best Hospitality Development (Asia)

The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited – China – Hong Kong and Macau (REGIONAL WINNER)

Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines

Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore

Best Office Development (Asia)

KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)

AIA East Gateway by AIA Company Limited. – Thailand

Embassy Hub Phase 1 by Embassy REIT – India

GBF Centers 1 & 2 by Robinsons Offices – Philippines

Best Retail Development (Asia)

M8 by China Construction Engineering (Macau) Company Limited – China – Hong Kong and Macau (REGIONAL WINNER)

Mean Chey Avenue by RM Commercial Co., Ltd. – Cambodia

Mitsukoshi BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines

MixC Nanjing by Lead8 – Mainland China

The EmSphere Shopping Complex by The EM District Co., Ltd. – Thailand

Best Branded Residential Development (Asia)

Grand Hyatt Manila Residences South Tower by North Bonifacio Landmark Realty and Development Inc. – Philippines (REGIONAL WINNER)

DESIGN AWARDS

Best Township Masterplan Design (Asia)

Andaman by Eastern & Oriental Berhad – Malaysia (REGIONAL WINNER)

Best Mixed Use Architectural Design (Asia)

Rawayana by Phuket9 – Thailand (REGIONAL WINNER)

ITC Shanghai by Lead8 – Mainland China

The OpusK – Luxury Boutique Office by SonKim Land Corporation – Vietnam

Zia Niseko by Iconic Group – Greater Niseko

Best Condo Architectural Design (Asia)

R.Iconic by R.Corporation – Australia (REGIONAL WINNER)

Aura Niseko by Iconic Group – Greater Niseko

Grand Dunman by Grand Dunman Pte. Ltd. – Singapore

JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau

Lentor Modern by GuocoLand – Singapore

The Arles by Centralcon Properties Company Limited – China – Hong Kong and Macau

The Continuum by Hoi Hup Sunway Katong Pte Ltd – Singapore

The Grand Midori Ortigas by Federal Land, Inc. – Philippines

Watten House by UOL Group Limited and Singapore Land Group Limited – Singapore

Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Architectural Design (Asia)

Hanacreek by Apex Property – Greater Niseko (REGIONAL WINNER)

D’Art Hills Residence by PH World – Malaysia

Highland Park Pool Villas Pattaya by Habitat Group Co., Ltd. – Thailand

La Felice Villa Hua Hin by PNP Real Estate Co., Ltd. – Thailand

Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia

Park Heritage Pattanakarn by Sammakorn Plus Company Limited – Thailand

The Prospect Villa by Grand Paradise Villa – Thailand

Best Hospitality Architectural Design (Asia)

Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines (REGIONAL WINNER)

Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore

Best Office Architectural Design (Asia)

KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)

Embassy Manyata Block D1 & D2 by Embassy REIT – India

FourE-Com Center by Arquitectonica – Philippines

K11 Atelier 11 SKIES by Lead8 – China – Hong Kong & Macau

Solitaire on Cecil by Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management) – Singapore

Best Retail Architectural Design (Asia)

Mean Chey Avenue by RM Commercial Co., Ltd. – Cambodia (REGIONAL WINNER)

MixC Nanjing by Lead8 – Mainland China

Best Condo Interior Design (Asia)

Est8 @ Seputeh by Eupe Corporation Berhad – Malaysia (REGIONAL WINNER)

350-352 Nathan Road by CSI Properties Limited – China – Hong Kong and Macau

Blossoms By The Park by EL Development Pte Ltd – Singapore

Glam Residences by SM Development Corporation (SMDC) – Philippines

JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau

Klimt Cairnhill by Low Keng Huat (S) Limited – Singapore

Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd – Singapore

Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Interior Design (Asia)

Aki Niseko by Takuetsu Co., Ltd. – Greater Niseko (REGIONAL WINNER)

Jasmia Residence @Summarecon Crown Gading by Summarecon Agung – Indonesia

La Felice Villa Hua Hin by PNP Real Estate Co., Ltd. – Thailand

Best Hospitality Interior Design (Asia)

Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore (REGIONAL WINNER)

Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines

Best Office Interior Design (Asia)

KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)

K11 Atelier 11 SKIES by Lead8 – China – Hong Kong & Macau

Best Retail Interior Design (Asia)

Mitsukoshi BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (REGIONAL WINNER)

Shanghai Aerospace Science & Technology City by Design Power House (DPH) – Mainland China

Ultimo Niseko by Blue Waves Group – Greater Niseko

Best Condo Landscape Design (Asia)

Elysian by Gamuda Land – Vietnam (REGIONAL WINNER)

Blossoms By The Park by EL Development Pte Ltd – Singapore

Grand Dunman by Grand Dunman Pte. Ltd. – Singapore

Park Kiara, ParkCity Hanoi by ParkCity Group – Vietnam

Pinetree Hill by UOL Group Limited and Singapore Land Group Limited – Singapore

Watten House by UOL Group Limited and Singapore Land Group Limited – Singapore

Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Landscape Design (Asia)

Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia (REGIONAL WINNER)

Barnyard Khaoyai by Sammakorn-JV1 Company Limited – Thailand

Pavara Khiri Collection by Pavara Development Co., Ltd. – Thailand

Best Commercial Landscape Design (Asia)

Rawayana by Phuket9 – Thailand (REGIONAL WINNER)

PUBLISHER’S CHOICE

Icon Award

Dr. Allan Zeman, Founder and Chairman, Lan Kwai Fong Group (WINNER)

NOTE: Use of the PropertyGuru Asia Property Awards logo is limited to the publication of this article only.

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino, Head of Brand & Marketing Services

M: +66 92 954 4154

E: allan@propertyguru.com

Media & Partnerships:

Nate Dacua, Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: nate@propertyguru.com

Sponsorships:

Kanittha Srithongsuk, Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: kanittha@propertyguru.com

Sales & Nominations:

Udomluk Suwan, Sales Director

M: +66 87 699 4433

E: may@propertyguru.com

ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:

PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.

In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023.

For more information, please visit AsiaPropertyAwards.com

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading(1)PropTech company, and the preferred destination for over 37 million property seekers(2) to connect with almost 59,000 agents monthly(3)to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

Footnotes & Citation:

1Based on SimilarWeb data between April 2023 and September 2023.

2Based on Google Analytics data between April 2023 and September 2023.

3Based on data between July 2023 and September 2023.

4Based on data between April 2023 and September 2023.

Group: Key Statistics as of November 2023

* Property seekers: 37 million

* No. of agents: 59,000

* Real estate listings: 2.9 million

Strong Category Leadership Drives Long-Term Growth Opportunities

As of September 30, 2023, PropertyGuru continued its Engagement Market Share*

* Singapore: 83% – 6.2x the closest peer

* Malaysia: 92% – 12.8x the closest peer

* Vietnam: 80% – 4.0x the closest peer

* Thailand: 51% – 1.7x the closest peer

*Based on SimilarWeb data between April 2023 and September 2023.