Media Savvy Awards adds Best Sustainability Communications category

SINGAPORE / KUALA LUMPUR, May 16, 2023 – (ACN Newswire) – Hong Bao Media has added a Best Sustainability Communications category to its annual Media Savvy Awards, which recognise Singaporean and Malaysian business leaders for excellent traditional – and new media skills.

The Awards have been convened for six consecutive years to celebrate great homegrown orators and media performers, and to encourage other local business leaders to follow their example. This year's Hong Bao Media Savvy Awards are again supported by the Asia-Pacific Association of Communications Directors (APACD) and Public Relations and Communications Association (PRCA), as well as new supporter, ACN Newswire.

This year's judges are:

– Keith Morrison, Director of Marketing & Communications at Black & Veatch and President, Asia-Pacific Association of Communications Directors
– Asiya Bakht, CEO & Founder of Beets Public Relations
– Ramya Chandrasekaran, Chief Communications Officer, QI Group
– Rimmi Harindran, Senior Director, Corporate Affairs, AMEA, Kellogg Asia Pacific
– Shruti Gupta, Former Chief of Marketing Communication, Cashify.in
– David Venn, Global Director, Communications, World Scout Bureau
– Lina Marican, Regional Managing Director, Mutant Communications

The new category this year, Best Sustainability Communications, is in addition to the existing criteria Best Broadcast Interview, Best Online Interview and Best Hybrid Presentation.

Keith Morrison, President of APACD, said: "Today's dynamic and diffuse media landscapes demand that leaders connect with authority, empathy and authenticity with their customers, employees, regulators, investor and other key stakeholders. Failure to be great communicators and media savvy, which these awards recognise, risks the reputation of their organisations and misses out on opportunities to influence and attract success."

Lina Marican, Regional Managing Director, Mutant Communications said: "With the rise of social media consumption, CEOs and leaders must increasingly connect with audiences on these new platforms. Often, this means having a direct dialogue with consumers and journalists who frequently use social media to break and share news. When it comes to sustainability communications, there is an additional layer of scrutiny as leaders need to be genuine and transparently articulate what their company is doing to cut through greenwashing claims and scepticism.

"Overall, leaders have to be intentional and genuine about not only landing key messages but doing it effectively on new and emerging platforms where people are spending their time."

Media Savvy Award convenor Mark Laudi said: "We have added the Best Sustainability Communications category this year, in recognition of the many corporate spokespeople who talk about their organisations ESG initiatives without greenwashing.

"Greenwashing is just another word for exaggerating sustainability action, embellishing the truth or even spreading half-truths and untruths. Spokespeople who tell the unvarnished truth, focus on materiality and provide evidence for their sustainability initiatives stand a good chance of winning this award."

This is in addition to the previous criteria of Best Broadcast Interview, for interviews first carried on traditional radio and television stations, and "Best Online Interview", for interviews posted on the websites and channels of online-only and traditional print publications.

Nominations officially open Monday, July 3 and can be made for free at www.mediasavvyawards.com by Friday, September 15, 2023.

Multimedia: Videos available at https://vimeo.com/showcase/10369525

For further information:
Mark Laudi
Convenor, Hong Bao Media Savvy Awards
Tel: +65 9017 3534, Email: mark.laudi@hongbaomedia.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Identifies Additional Chonolith / Feeder Dyke Structures, Field Season Initiated on the Tyko Nickel Project, Canada

TORONTO, ON, May 16, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to report the initial results of the 2023 exploration program on the Tyko Nickel – Copper Project, in Ontario, Canada.

Figure 1. Tyko Property map showing the new 4,430-kilometer, 75 meters line spaced high resolution
airborne magnetic survey and the various mineralized zones and multi-line Versatile Time Domain
Electromagnetic ("VTEM") anomalies, background is total magnetic intensity reduced to pole
("TMI-RTP").

Figure 2. Zoom in on the 2023 priority exploration areas – showing existing drill holes, interpreted
chonoliths / feeder dykes, and proposed work programs. Background is TMI-RTP magnetics.

President and CEO, Derrick Weyrauch commented, "The impressive resolution of the new airborne magnetic survey has enabled us to better separate the interpreted chonolith / feeder dyke structures from later diabase dykes on the property. This greatly enhances our geological model and refines targeting of high priority structures.

The 2023 field season is now underway with a large field crew performing geological mapping, prospecting and soil sampling along the interpreted chonoliths / feeder dykes, to further refine drill targets for the upcoming drill program."

The 2023 exploration program is focused on ground truthing and drill testing interpreted chonoliths / feeder dykes on the Tyko Project. In Q1 2023, the Company completed a high-resolution magnetic survey, the results of which are presented in Figures 1 and 2. The 2023 magnetic survey was designed to refine the geometry of the interpreted chonoliths / feeder dykes across Tyko's 30-kilometer strike length.

Figure 1. Tyko Property map showing the new 4,430-kilometer, 75 meters line spaced high resolution airborne magnetic survey and the various mineralized zones and multi-line Versatile Time Domain Electromagnetic ("VTEM") anomalies, background is total magnetic intensity reduced to pole ("TMI-RTP").
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_001full.jpg

Figure 2. Zoom in on the 2023 priority exploration areas – showing existing drill holes, interpreted chonoliths / feeder dykes, and proposed work programs. Background is TMI-RTP magnetics.
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_002full.jpg

About Tyko Nickel – Copper – Cobalt Project

The Tyko Nickel – Copper – Cobalt Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel – copper (2:1 ratio) project and currently has five known mineralized zones spanning over a 20-kilometer strike length.

Qualified Person

The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

About Palladium One

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

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

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

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166187

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Identifies Additional Chonolith / Feeder Dyke Structures, Field Season Initiated on the Tyko Nickel Project, Canada

Highlights

The 2023 field season is under way and crew have been mobilized.
The Q1 2023, 4,430-kilometer high-resolution airborne magnetic survey results have been received and structural interpretation has been completed. With the increased resolution, a significantly more detailed geological model has been prepared resulting in the identification of additional interpreted chonoliths / feeder dykes structures.

Toronto, Ontario, May 16, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One“) is pleased to report the initial results of the 2023 exploration program on the Tyko Nickel – Copper Project, in Ontario, Canada.

President and CEO, Derrick Weyrauch commented, “The impressive resolution of the new airborne magnetic survey has enabled us to better separate the interpreted chonolith / feeder dyke structures from later diabase dykes on the property. This greatly enhances our geological model and refines targeting of high priority structures.

The 2023 field season is now underway with a large field crew performing geological mapping, prospecting and soil sampling along the interpreted chonoliths / feeder dykes, to further refine drill targets for the upcoming drill program.”

The 2023 exploration program is focused on ground truthing and drill testing interpreted chonoliths / feeder dykes on the Tyko Project. In Q1 2023, the Company completed a high-resolution magnetic survey, the results of which are presented in Figures 1 and 2. The 2023 magnetic survey was designed to refine the geometry of the interpreted chonoliths / feeder dykes across Tyko’s 30-kilometer strike length.

Figure 1. Tyko Property map showing the new 4,430-kilometer, 75 meters line spaced high resolution airborne magnetic survey and the various mineralized zones and multi-line Versatile Time Domain Electromagnetic (“VTEM”) anomalies, background is total magnetic intensity reduced to pole (“TMI-RTP”).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_001full.jpg

Figure 2. Zoom in on the 2023 priority exploration areas – showing existing drill holes, interpreted chonoliths / feeder dykes, and proposed work programs. Background is TMI-RTP magnetics.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_002full.jpg

About Tyko Nickel – Copper – Cobalt Project
The Tyko Nickel – Copper – Cobalt Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel – copper (2:1 ratio) project and currently has five known mineralized zones spanning over a 20-kilometer strike length.

Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

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

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

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

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

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

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

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166187

Dr. George Lam Officially Joins VSFG as Honorary Chairman

HONG KONG, May 16, 2023 – (ACN Newswire) – To drive the strategic development of innovative financial services, Venture Smart Financial Holdings Limited (hereinafter referred to as "VSFG" or "the Group") officially announced the appointment of Dr. George Lam, BBS, JP ("Dr. Lam") as Honorary Chairman today. Dr. Lam will lead VSFG to integrate traditional wealth management with the future of finance, and fully support and collaborate with the Hong Kong Special Administrative Region (HKSAR) Government in promoting and facilitating Hong Kong family office businesses and developing the virtual assets sector. This is not only to support Hong Kong's development into an International Virtual Assets Centre and Green Finance Hub, but also more importantly, to shore up the leading position of Hong Kong as an international financial centre.

Dr. George Lam, BBS, JP, Honorary Chairman, Venture Smart Financial Holdings Limited

Dr. Lam has been championing digital transformation, financial technologies, innovation and entrepreneurship, sustainable development, green finance and environmental, social and governance (ESG) investments over the years. Dr. Lam had served as Chairman of Hong Kong Cyberport, a part-time member of the Central Policy Unit of the HKSAR Government, a member of the Committee on Innovation, Technology and Re-industrialisation, a member of the Sir Murray MacLehose Trust Fund Investment Advisory Committee, and a non-official member of the Financial Services Development Council New Business Committee. Currently, Dr. Lam is a member of the Governance Committee of the Hong Kong Growth Portfolio of the HKSAR Government, a non-official member of the HKSAR Government Development Bureau Common Spatial Data Advisory Committee, Chair of the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) Sustainable Business Network (ESBN), Chair of the ESBN Task force on Sustainable and Inclusive Finance, Vice Chairman of the Pacific Basin Economic Council (PBEC), a member of the Belt and Road and Greater Bay Area Committee of the Hong Kong Trade Development Council, and Chairman of the Technology and Innovation Committee of the Belt and Road General Chamber of Commerce.

Dr. Lam said, "I have accepted the invitation from Mr. Lawrence Chu, Chairman of VSFG, because we share the same vision for the future development of Hong Kong's financial industry. We hope to create synergies to attract more family offices from overseas and the Mainland to set up in Hong Kong while also quickly driving the growth and development of virtual assets and green finance in Hong Kong, in order to help enhance the competitive edge of Hong Kong as an international financial centre." VSFG is the first virtual asset manager in Hong Kong licensed by the Hong Kong Securities and Futures Commission ("SFC"). Far back in 2018, VSFG already initiated a discussion with the SFC on full compliance between traditional and virtual assets to develop innovative financial services. This is in line with Dr. Lam's view on enhancing Hong Kong's unique competitive advantages as an international financial centre and promoting and facilitating financial technologies.

Mr. Lawrence Chu, Chairman of VSFG, also expressed his sincere appreciation to Dr. Lam for joining and supporting VSFG, "As a farsighted visionary, Dr. Lam has always been driving the integration of the new and traditional economies without neglecting the importance of regulations and corporate governance. As we strive to integrate traditional wealth management with the future of finance, we must achieve full compliance first while effectively linking traditional and virtual assets together. It is of utmost importance to put in place sound internal controls. As a solicitor of the High Court of HKSAR (formerly a member of Hong Kong Bar), a Fellow of the Hong Kong Institute of Arbitrators, the Hong Kong Institute of Directors and CMA Australia, and an Honorary Fellow of CPA Australia, Dr. Lam not only provides us with valuable constructive suggestions on laws and regulations and corporate governance, but also delivers strategic advice on the Group's sustainable development policies, lifting our service offerings to the next level in a comprehensive manner."

With his extensive industry experience in corporate governance, strategy consulting, policy advocacy, international cooperation, investment banking, direct investment and asset management, Dr. Lam will provide leadership for VSFG to fully leverage its strengths in participating in the development of Hong Kong as an International Virtual Assets Centre and Green Finance Hub, integrating traditional wealth management with the future of finance, creating new milestones for Hong Kong's financial development going forwards.

About VSFG
Venture Smart Financial Holdings Limited (VSFG) is a global financial services platform headquartered in Hong Kong.

VSFG strives to integrate traditional wealth management with the future of finance. In 2020, Venture Smart Asia Limited, subsidiary of VSFG, became the first virtual asset manager in Hong Kong approved by HKSFC to manage portfolios that may invest up to 100% of assets in crypto assets. VSFG is dedicated to the research and development of products and services that can integrate traditional and virtual assets under a compliant regulatory framework, helping individuals and institutions to allocate their assets in an orderly manner in both traditional and virtual worlds. In addition, VSFG and its affiliated companies are committed to proactively developing and delivering relevant services to promote the development of both family office businesses and virtual assets, shoring up Hong Kong's position as a global financial centre . For further information on VSFG, please visit www.vsfg.com.

Media Contact
VSFG marketing@vsfg.com

Strategic Financial Relations Limited
Cindy Lung / Brigid Lee / Cynthia Ng
sprg_vsfg@sprg.com.hk

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Announces Exercise of Anti-Dilution Right by Strategic Shareholder

TORONTO, ON, May 15, 2023 – (ACN Newswire) – Palladium One Mining (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or the "Company") is pleased to announce that Glencore plc ("Glencore"), a large shareholder of the Company through its wholly-owned subsidiary, has elected to exercise its pro-rata equity participation rights and has subscribed for 7,439,071 common shares in the capital of the Company (the "Common Shares"). The Common Shares were issued at a price of $0.11 per Common Share for aggregate gross proceeds of $818,297.80 (the "Financing"). Following the Financing, Glencore holds approximately 9.99% of the Company's equity on a partially diluted basis.

Pursuant to the terms of the investor rights agreement entered into between Glencore and the Company (the "Investor Rights Agreement"), Glencore elected to exercise its pre-emptive rights to maintain its ownership interest in the Company in respect of the Company's recently completed acquisition of MetalCorp Limited.

All Common Shares issued under the Financing are subject to a four-month hold period from the closing date. No fees were paid in connection with Glencore's investment.

About Palladium One

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

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

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

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

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

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. Forward-looking statements contained in this news release include, without limitation, statements with respect to: the expected synergies and benefits of the Financing, the future price of nickel, copper, gold, and cobalt, the estimation of mineral resources, costs and timing of the development of projects and new deposits, success of exploration, currency fluctuations, requirements for additional capital, government regulation of mining operations, and environmental risks. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166045

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Malaysian Genomics Inks Agreement in Expansion to Bangladesh

PETALING JAYA, Malaysia, May 15, 2023 – (ACN Newswire) – Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, today announced a strategic cooperation agreement (SCA) with Toticell Limited for the distribution of the Group's products in Bangladesh.

Sasha Nordin, Chief Executive Officer of Malaysian Genomics

Azri Azerai, Executive Director of Malaysian Genomics

Toticell, which is based in Dhaka, Bangladesh, specialises in regenerative healthcare focusing on treatments for musculoskeletal conditions such as arthritis, sports-related injuries and tendinopathies.

Under the SCA, the parties agree to cooperate in the distribution of Malaysian Genomics' cosmeceutical products, genetic screening tests, CAR T-cell therapy services, and other areas of mutual commercial interests.

Mr. Sasha Nordin, CEO of Malaysian Genomics said, "Bangladesh represents a market with vast opportunities given its population of approximately 165 million people. The country's economy, which is the second-largest in South Asia, is growing rapidly it is identified by Goldman Sachs Inc. as one of the Next Eleven, along with the BRICS economies for potential. Malaysian Genomics is delighted to cooperate with Toticell to bring our products and services to Bangladesh."

Mr. Azri Azerai, Executive Director of Malaysian Genomics, said, "This collaboration with Toticell falls in line with Malaysian Genomics' strategic expansion plan which includes diversifying geographically and globally."

In April, MGRC announced that the Group has made progress in establishing partnerships following the signing of SCAs with several Dubai, United Arab Emirates ("UAE") parties, namely American Spine Center ("ASC"), a Dubai, UAE-based specialist in spinal injury and spine pathology; BALSAM Health Services ("Balsam"), a Dubai, UAE-based healthcare service provider; Wellness by Design FZ LLC ("Wellness by Design"), a Dubai, UAE-based nutrition, obesity and weight loss specialist, and Sharjah, UAE-based IAC International LLC ("IAC"), which is coordinating and developing the partnerships.

MGRC also recently appointed Mr. Aswath Ramakrishnan as its new Independent Non-Executive Director. He is an experienced practising lawyer involved in commercial litigation, shipping and maritime, defamation, corporate and insolvency litigation, asset and debt recovery, intellectual property litigation, arbitration, and cross-border dispute.

Malaysian Genomics Resource Centre Bhd: 0155 [BURSA: MGRC] [RIC: MGRC:KL] [BBG: MGRC:MK], http://www.mgrc.com.my/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC and Dun & Bradstreet Hong Kong join forces to help SMEs enhance ESG competitiveness

HONG KONG, May 15, 2023 – (ACN Newswire) – The Hong Kong Trade Development Council (HKTDC) and Dun & Bradstreet (HK) Limited (D&B) announced a new partnership to help small and medium-sized enterprises ("SMEs"), start-ups, and Micro-, Small and Medium-sized Enterprises ("MSMEs") with green transformation by offering a comprehensive range of quality ESG registered services, namely D&B ESG Registered(TM).

Mr Andrew Wu (L), Managing Director of Dun & Bradstreet China – Mainland China & HKSAR and HKTDC Deputy Executive Director Dr Patrick Lau (R), announce a new partnership between the two organisations to enhance SMEs' ESG competitiveness.

D&B ESG Registered is a badge from an industry-trusted source signifying company's commitment to ESG disclosure.

As a leading global provider of business decisioning data and analytics and the HKTDC's recognised ESG partner, D&B further demonstrates its commitment in promoting environmental, social and governance (ESG) to companies, large and small, in Hong Kong to enhance their competitiveness and drive growth.

A D&B ESG Registered badge and profile will be presented to companies that have successfully completed the required assessment as a recognition of commitment to disclosing ESG data. This ESG service aims to support companies to expand their business, enhance their reputation and attract investors, while achieving their net-zero targets.

Drive sustainable ecosystem for SMEs

Managing Director of Dun & Bradstreet China – Mainland and Hong Kong SAR Mr Andrew Wu said: "Dun & Bradstreet is privileged to be part of it to support and drive a sustainable ecosystem for SMEs. To have our ESG solutions recognised by HKTDC, a statutory body in HK, for not just large corporations and listed companies, but also the SMEs, start-ups and the MSMEs… as the UNSDGs' (United Nations Sustainable Development Group) motto states, "Leave no one behind".

Dun & Bradstreet Hong Kong as the recognised Environmental, Social, and Governance (ESG) partner of Hong Kong Trade Development Council (HKTDC) sets an excellent example of D&B's strong reputation as a global provider of reliable business decisioning data and analytics."

HKTDC Deputy Executive Director Dr Patrick Lau said: "We are pleased to join hands with Dun & Bradstreet (HK) Limited to support Hong Kong enterprises in capitalising on the global trend towards sustainability."

Under the partnership, D&B will provide discounted ESG registered services for members of HKTDC's Transformation Sandbox (T-box), a comprehensive business support programme launched in April 2020 to help SMEs upgrade and transform. "We are certain that local companies will enhance their ESG competitiveness with the help of a world-leading service provider in the field, such as Dun & Bradstreet," Dr Patrick Lau added.

Photo download: https://bit.ly/42rsh6A

About Dun & Bradstreet

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For details, please visit www.dnb.com.hk

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

About HKTDC Transformation Sandbox ("T-box")

The HKTDC Transformation Sandbox (T-box) is a SME support programme that helps businesses to enhance competitiveness and achieve transformation goals in the areas of branding, e-commerce, manufacturing relocation and new markets. The programme is offered free of charge and is open to all companies registered in Hong Kong. For details, please visit https://smesupport.hktdc.com/en/s/tbox

Media enquiries
Dun & Bradstreet (HK)
May Lo
Tel: +852 2516 1294
Email: LoS@dnb.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Adventure-Ready Amazfit T-Rex Ultra Pushes Boundaries – Strong and Smart

KUALA LUMPUR, May 15, 2023 – (ACN Newswire) – Zepp Health Corporation (Zepp), a leading specialist in smart wearables and health technology, has announced that its latest T-Rex Ultra smartwatch is now available in Malaysia. The T-Rex Ultra offers adventure-seekers the ultimate in multi-environment experience through the latest in hi-tech military-grade hardware and software, monitoring, tracking and GPS.

Mr. Wu Jin, General Manager, APAC of Amazfit Malaysia said, "In the fast-paced smart wearable industry, we are constantly pushing ourselves to innovate. This newly launched T-Rex Ultra is packed with massive functionalities and smart technology. It comes with a user-friendly interface featuring a stainless steel body, a BioTracker PPG biometric sensor which supports blood-oxygen tracking, and 2.4GHz Wi-Fi support that enables a multi-environment experience through an optimum series of new features. This is the ideal watch for every outdoor activity; from off-road motorcycling, skydiving, alpine skiing to a walk-in-the-park, sitting on the beach or a dip-in-the-pool."

"The appearance and weight are just right for a smartwatch. Overall, the design is very cool, and the functions are very user-friendly," said Amazfit supporter Ms. Wayne Phoo, DJ at MYFM, who is also an avid diver, "I'm a very active person, but I never had the habit of paying attention to my health indicators. With this Amazfit T-Rex Ultra on my wrist, I can monitor my heart rate, BMI index, step count, exercise records, and more.

The smart watch supports freediving to 30 meters, with 10 ATM water-resistant, making it my perfect diving companion. The freediving function calculates water depth and has a breathing exercise function that helps with underwater activities. Even non-free divers can use this function to track their breathing."

Wayne said, "The battery life is very long. I had more than 20% battery life left after using it actively for a week."

Another Amazfit advocate, En. Ammar Salehan, who is also an active explorer, said, "Amazfit T-Rex Ultra's GPS function with dual-band satellite is solid! I'm extremely pleased with this very helpful safety tool as it can be used as a guide for the correct path and minimizes the probability of getting lost during a hike. The mud-resistant buttons ensure that the smart watch will continue to operate even if the trail is muddy and nasty. A plus point is the altitude assistance and usable offline maps which can be uploaded to the watch to keep the explorer safe on a journey."

A smart function is that the compass can be set on the watch display and auto GPS mode. For someone who often goes into the forest, the compass is used as a direction pointer. As a Muslim, knowing where Qibla, the direction of Mecca is helpful and easy with the compass.

Ammar explained, "The watch is charged with USB, so it was easy for me when I'm in the forest, all I need is a power bank. The completed trail and activities can also be shared with health and fitness apps on my phone. Capturing the events of the adventure can be done through the connection to a GoPro camera for those once-in-a-lifetime moments."

The Amazfit T-Rex Ultra comes with adjustable lugs, 6 GPS satellites, 120 watch faces, an altimeter, compass, weather, tides, sun and moon coverage, and the incomparable Zepp OS, now version 2.0. The T-Rex Ultra comes in two colours, Abyss Black and Sahara, and is available now on Shopee and Lazada for RM1,899. On first come, first serve basis, customers will walk away with one set of waterproof drybag, wind jacket and sport bottle upon purchase on 18th May 2023.

Availability

All featured Amazfit products are available for purchase at https://www.amazfit.com/my or Amazfit's e-commerce partner platform https://bit.ly/AmazfitMY_Shopee and https://www.lazada.com.my/shop/amazfit/.

Amazfit: www.amazfit.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Fosun’s Strategy of “Streamlining the Organization” Begins to Bear Fruit and Offshore Syndicated Loan are Launched

HONG KONG, May 12, 2023 – (ACN Newswire) – According to people familiar with the matter, Fosun International's offshore multi-currency syndicated loan was officially launched in early May, and it has obtained a loan of more than US$450 million in equivalent so far. The offshore syndicated loan was jointly initiated by seven banks including Bank of China, Bank of East Asia, Commerzbank, Hang Seng Bank, HSBC, Natixis Bank, and Standard Chartered Bank as lead bookrunners. Since the formation of the syndicate, more than 10 banks have joined and banks may join through the "greenshoe option" in the next three months.

In January this year, Fosun's domestic entity obtained a syndicated loan of RMB12 billion. At that time, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications acted as joint lead banks, and China Minsheng Bank, the Export-Import Bank of China, and Shanghai Pudong Development Bank acted as participating banks to form a syndicate to provide Fosun High Technology, the domestic operating entity of Fosun International a RMB loan.

Market analysts believe that although Fosun has been involved in Nanjing Iron & Steel transaction disputes and other incidents some time ago, domestic and foreign banks have successively provided large amounts of credit support to Fosun, which reflects that mainstream financial institutions' recognition of Fosun's commitments to accelerate the sale of non-core assets and cash inflows for debt management. The significant financial support from banks will help Fosun reduce its dependence on public market financing, and the optimized debt structure will support subsequent liquidity management and sustainable business development.

Last year, negative opinions about Fosun's rating downgrade put pressure on Fosun, which also brought a lot of speculation to the market at that time. Market sentiment was dampened significantly, and onshore and offshore bond prices also plummeted. However, at the same time, Fosun redeemed EUR380 million bond in October last year and US$450 million bond in January this year, and recently redeemed EUR350 million Euro bond, totaling US$1.25 billion in offshore bonds. Meanwhile, in the first quarter of 2023, Fosun High Technology successfully redeemed RMB5.93 billion bond in the domestic open market. The market's previous doubts about its liquidity are invalid, and the company's efforts are notable. It is worth looking forward to Fosun's next step to further enhance the recognition of the market and banks.

At the subsidiaries business level, in 2022, Fosun experienced profit shocks due to overseas interest rate hikes, geopolitical conflicts, and the frequent occurrence of the epidemic. Since the liberalization of epidemic prevention measures in 2023, its focused strategy on core businesses in the household consumption sector has been accelerated and yielded results. In the first quarter of this year, the business of all segments showed a strong upward trend. In the Happiness segment, Yuyuan achieved an operating revenue of RMB15.244 billion, representing a year-on-year growth of 22.61%. The recovery trend of the core consumer business was obvious. The revenue of Yuyuan Jewelry and Fashion reached RMB11.494 billion, representing a year-on-year increase of 28.55%. Benefiting from the overall relaxation of travel restrictions worldwide and the effective implementation of the company's strategy, Fosun Tourism Group's (FTG) profit attributable to the parent in the first quarter doubled compared with the same period in 2022, Club Med's business volume reached RMB5.004 billion, an increase of about 44.2%; during the May Day holiday this year, the total business volume of Club Med resorts in China exceeded the same period in 2022 by about eight folds, and exceeded the same period in 2019 by about 110%. In the Health segment, Fosun Pharma achieved an operating revenue of RMB10.871 billion in the first quarter, representing a year-on-year increase of 4.68%; net profit attributable to shareholders of the listed company after deducting extraordinary gain and loss was RMB919 million, representing a period-on-period increase of 14.78%; the revenue contribution of new and sub-new products further increased.

Previously, Goldman Sachs, Daiwa Capital Markets, Guotai Junan Securities, Soochow Securities and other domestic and foreign securities firms and investment banks successively published research reports, expressing optimism about Fosun's series of measures to reduce debt, optimize asset structure, and steadfastly focus on its core businesses. They believed that Fosun is well-positioned to achieve better performance in the future and assigned Fosun International a "Buy" or "Overweight" rating.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Synergy House Launches IPO Prospectus

SHAH ALAM, Malaysia, May 12, 2023 – (ACN Newswire) – Synergy House Berhad, a cross-border e-commerce seller and furniture exporter of ready-to-assemble (RTA) home furniture, launched the prospectus for its initial public offering (IPO) today in conjunction with its upcoming listing on the ACE Market of Bursa Malaysia Securities Berhad.

Mr. Alvin Ooi Yet Ming, Acting Head of Corporate Finance, Kenanga Investment Bank Berhad;
Datuk Roslan Hj Tik, Executive Director, Head Group Investment Banking & Islamic Banking,
Kenanga Investment Bank Berhad; Mr. Mok Juan Chek, Independent Non-Executive Chairman,
Synergy House Berhad; Mr. Tan Eu Tah, Non-Independet Executive Director, Synergy House Berhad;
and Mr. Teh Yee Luen, Non-Independent Executive Director, Synergy House Berhad [L-R]

The IPO will raise RM34.4 million via the issuance of 130.0 million new shares at an IPO price of RM0.43 per share which is expected to support the Group's future growth and expansion plans. The IPO proceeds raised will be used by the Group in the following manner:

– RM10.0 million or 29.07% for purchasing of inventories for the Group's proposed e-commerce fulfilment centre in Muar, Johor and e-commerce fulfilment centres in overseas countries;
– RM1.5 million or 4.36% to purchase racking system and forklifts for the Group's proposed e-commerce fulfilment centre in Muar, Johor;
– RM1.0 million or 2.91% for e-commerce advertisement and promotions;
– RM10.0 million or 29.07% to repay borrowings;
– RM7.7 million or 22.38% for working capital purposes; and
– RM4.2 million or 12.21% for listing expenses.

Executive Director of Synergy House, Mr. Tan Eu Tah said, "Given that global demand for furniture e-commerce is expected to continue to grow, our IPO will enable us to fuel our future growth and expansion plans by tapping into the equity capital market for future fund raising. Our IPO will also provide us with the financial flexibility to pursue growth opportunities as and when they arise. The recognition gained through our listing status will also enhance our reputation in the marketing of our products and services, retention of employees, expansion of customer base as well as attract new employees."

Executive Director of Synergy House, Mr. Teh Yee Luen said, "Leveraging on e-commerce has been another transforming experience for our Group as it has enabled us to have direct contact with end-consumers and thus enabling us to gather first-hand information and insights on consumer preferences that are valuable for product development. We intend to continue to grow our business-to-consumer (B2C) segment by utilising a portion of the IPO proceeds to purchase inventories for our B2C segment and by carrying out advertising and promotion initiatives on third-party e-commerce platforms. We also plan to grow our B2C sales through expanding to more e-commerce platforms in new markets."

For the financial years ended 31 December (FY) 2019, FY 2020, FY 2021 and FY 2022, the Group registered revenue of RM111.5 million, RM122.9 million, RM184.3 million and RM194.1 million respectively. In particular, the Group have seen encouraging growth from its B2C segment whereby its B2C sales have increased from RM1.99 million in the FY 2019 to RM49.63 million in FY 2022 at a compound annual growth rate of 192.17%.

Kenanga Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Placement Agent for the IPO exercise.

Synergy House Berhad will list on the ACE Market of Bursa Malaysia on 1st of June 2023.

Synergy House Bhd: https://www.synergyhouseberhad.com/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com