Doubleview Reports Hat Project Copper Equivalent Disclosures Will Now Include Recoverable Copper, Gold, Cobalt and Scandium

Vancouver, BC, Apr 19, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the "Company or "Doubleview") is pleased to announce that following discussions with the Company's technical advisors regarding metallurgical matters related to its Hat Project, assay results will be reported as Copper Equivalent ("CuEq") which will include gold, cobalt and scandium in addition to copper.

Doubleview's Hat Project metallurgical studies have been managed by EUR ING Andrew Carter B.Sc. CEng. MIMMM, MSAIMM SME of Tetra Tech, Geo-Environment & Mining Services. The Hat Project is located in the Atlin Mining District of northwestern British Columbia.

Table 3 presents drill core assay and Copper Equivalent values for copper, gold, cobalt, and scandium. Copper Equivalent values also recognize recoverability of metals and metal prices. Assay data included in Table 3 has been previously released. Future drilling, metallurgical work, and modeling may result in different outcomes. Metal prices and markets are highly variable and current estimates may differ from those realized in future.

Inclusion of scandium in Hat Project Copper Equivalent values significantly increases the CuEq figures.

The Hat Property is interpreted to be a silica-undersaturated alkalic copper-gold porphyry system similar to other metal-rich porphyry systems in the Golden Triangle area of British Columbia. Industry practice is to disclose copper-gold porphyry systems on either a copper or gold equivalency basis. As presently interpreted, Doubleview's technical team recognizes two significant mineralizing events: scandium appears to be associated with an early stage of intrusion and mineralization that was followed by a higher temperature intrusive event that brought copper and other metals.

– The Company's exploration work has been based on a conceptual model in which the copper and gold values support a potential mine at the Hat Property. Scandium would act as a high value credit from the operation.

Metal values shown in Table 1 used in Copper Equivalent estimations follow guidance provided by Energy, Metals and Agriculture Consensus Forecasts(R) for 2023 and 2024.

Table 1: Metal prices (Source: Energy, Metals and Agriculture Consensus Forecasts(R) for 2023 and 2024)
https://www.acnnewswire.com/docs/Multimedia/20230419.Doubleview1.jpg

Copper Equivalent is a calculated single-value composite of possibly economically recoverable metals and is widely used in the evaluation of early-stage mineral properties. CuEq estimates should not be unduly relied upon in any current evaluation of Hat Project mineralization. Doubleview's CuEq estimates employ the following equation:

=(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)

[Note: Rec stands for recovery as per table 2]

Current technical studies and research consider production of a high-gold, low-cobalt concentrate and a low-gold, high-cobalt pyrite concentrate, followed by a scandium recovery circuit that would process end-product tailings. Scandium in tailings could be purified to yield scandium phosphate, a high value specialized product*, or scandium oxide, a much lower value commodity. The Company has chosen scandium oxide for its CuEq estimation as it has broader industrial applications.

*Scandium phosphate is usually sold in small quantity – high purity five gram lots at about $35 per gram. Demand is limited with sale prices usually not disclosed.

Flotation and extraction test work has shown that the following recoveries can be achieved.

Table 2. Flotation and extraction test work Recoveries
https://www.acnnewswire.com/docs/Multimedia/20230419.Doubleview2.jpg

Table 3: Hat Project selected assays and corresponding CuEq values, excluding and including scandium.
https://www.acnnewswire.com/docs/Multimedia/20230419.Doubleview3.jpg

Notes:
– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be truel widths of mineralization. It is not possible to determine true widths.
– Details of analytical testing procedures are set forth in the Company's news releases dated [11/07/2013, 20/01/2014, 14/05/2014, 03/02/2015, 30/09/2019, 02/02/2020, 03/07/2020, 16/02/2021 05/08/2021 of the Company on sedar.com]
– CuEq=(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)
– Sc to Sc2O3 Conversion is 1.533

Qualified Persons:

EUR ING Andrew Carter B.Sc. CEng. MIMMM, MSAIMM SME of Tetra Tech, Geo-Environment & Mining Services is Doubleview's Qualified Person with respect to the HAT Project Metallurgical Studies as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved the technical contents of this news release. He is independent of Doubleview.

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Doubleview Gold Corp. also wishes to announce a clarification to its previous news release dated January 04, 2023. The TSX Venture Exchange has requested the Company to issue this clarification to ensure that investors have accurate information.

The January 04, 2023, news release announced that the Company had appointed Red Cloud Securities Inc. and Red Cloud Financial Services Inc. (together "Red Cloud") to provide a range of corporate advisory services. The Company wishes to clarify that no Investor Relations Activities will be performed under the engagement with Red Cloud. The engagement is strictly limited and focused on financial advisory.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162912

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

Synergy House Berhad Obtains Approval for ACE Market Listing, Engages Kenanga IB as Underwriter

KUALA LUMPUR, Apr 17, 2023 – (ACN Newswire) – SYNERGY HOUSE BERHAD, a cross-border e-commerce seller and furniture exporter of ready-to-assemble (RTA) home furniture, has entered into an underwriting agreement with Kenanga Investment Bank Berhad (Kenanga IB) for the Group's upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad.

Executive Director of Synergy House Berhad Teh Yee Luen and Tan Eu Tah; Executive Director, Head of Group Investment Banking and Islamic Banking of Kenanga Investment Bank Berhad Datuk Roslan Hj Tik, and Acting Head of Corporate Finance of Kenanga Investment Bank Berhad Alvin Ooi [L-R]

Prior to entering into the agreement, the Group had earlier obtained the approval from Bursa Securities for admission to the Official List as well as the listing of its shares on the ACE Market of Bursa Securities.

In conjunction with its listing, Synergy's IPO exercise will comprise a total of 130.0 million shares including a public issue of 80.0 million new shares representing 16.0% of the enlarged issued share capital. The IPO shares from the public issue will be allocated in the following manner:

1. 25.0 million shares representing 5.0% of the enlarged issued share capital to be allocated via balloting to the Malaysian public;
2. 12.5 million shares representing 2.5% of the enlarged issued share capital to be allocated to eligible directors, employees and persons who have contributed to the Group ("Eligible Persons");
3. 30.0 million shares representing 6.0% of the enlarged issued shares to be allocated to selected investors by way of private placement; and
4. 12.5 million shares representing 2.5% of the enlarged issued shares capital to be allocated to Bumiputera investors approved by the Ministry of International Trade and Industry ("MITI").

The IPO exercise also includes an offer for sale of 50.0 million existing shares representing 10.0% of the enlarged issued share capital which will be made available by way of private placement to Bumiputera investors approved by the MITI.

Under the underwriting agreement, Kenanga IB will underwrite the 25.0 million new shares made available to the Malaysian public and the 12.5 million existing shares made available to Eligible Persons.

Executive Director of Synergy House, Mr. Tan Eu Tah said, "The signing of the underwriting agreement marks an important milestone for us as it brings us one step closer towards being a listed company. We would like to extend our gratitude to Bursa Securities for granting the approval for our listing. We are also pleased to have Kenanga IB on board as our Principal Adviser, Sponsor, Underwriter and Placement Agent. Our IPO will provide us the capital to grow our business which business model we have adopted since 2004. Since 2004, we have focused solely on the design, development and sales of RTA home furniture and outsource all manufacturing works to third party manufacturers."

Executive Director of Synergy House, Mr. Teh Yee Luen said, "The funds raised via the IPO will enable us to continue to grow our business-to-consumer ("B2C") segment which we started in 2012. Our sales from our B2C segment have increased from RM1.99 million in the financial year ended ("FYE") 31 December 2019 to RM24.78 million in FYE 31 December 2021 at a compound annual growth rate of 252.88%. In tandem with our strategy to continue growing our B2C segment, part of our IPO proceeds will be used to purchase inventories for our B2C segment as well as for the implementation of e-commerce advertising and promotion strategies.

Executive Director, Head of Group Investment Banking and Islamic Banking of Kenanga IB, Datuk Roslan Hj Tik said, "We would like to thank Synergy House for having us onboard for the Group's IPO exercise. The Group's decision to focus solely on design, development and sales of RTA home furniture has been pivotal for its growth. We believe that the Group will be able to continue to leverage its design and development capabilities to further expand its business through the listing. Our best wishes to the Group on this new journey and we look forward to supporting Synergy House in its future endeavours."

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

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

Cutting-edge technologies at Hong Kong tech fairs attract over 66,000 buyers worldwide

HONG KONG, Apr 16, 2023 – (ACN Newswire) – Hong Kong showcased its strengths in innovation and technology (I&T) at a series of innovation and tech fairs, including the first-ever InnoEX co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), held concurrently with the Hong Kong Electronics Fair (Spring Edition) and Hong Kong International Lighting Fair (Spring Edition).

66,000 industry buyers visited and conducted business negotiations at the inaugural InnoEX, co-organised by HKSAR and HKTDC, along with the Hong Kong Electronics Fair (Spring Edition) and Hong Kong International Lighting Fair (Spring Edition).

The "Paris Olympic Games 2024 – Becoming a large-scale innovation center for the Cities of Tomorrow" seminar, hosted by the So French So Innovative exhibition group, shared how Paris is leveraging the opportunity of hosting the 2024 Olympics to promote I&T.

The Asian Lighting Forum with the theme "Illuminating a Connected World" featured heavyweight speakers who delved into the latest industry topics, including human-centric lighting design, smart lighting solutions and sustainable development.

The three tech fairs attracted over 66,000 buyers from some 160 countries and regions, including Mainland China, the Association of Southeast Asian Nations (ASEAN), Korea, Taiwan, USA, Japan, India and Russia. The overwhelming response and lively exchange of ideas at the events highlighted Hong Kong's rapid development into an international I&T hub, which connects the world with Mainland China and ASEAN.

The three exhibitions took place in hybrid format, offering access in-person and online via the HKTDC's EXHIBITION+ platform, which enables exhibitors and buyers from around the world to continue conducting business online until 22 April. With the Click2Match smart business matching platform, the fairs have facilitated over 3,000 business meetings so far.

Sophia Chong, HKTDC Deputy Executive Director, said, "It is encouraging to see that the three tech fairs brought together nearly 3,000 exhibitors from 20 countries and regions to present a wide range of innovative solutions, cutting-edge technologies and electronic products, to create business opportunities across regions and industries and to explore the unlimited potential of innovation and technology cooperation."

"Many exhibitors were pleased to receive orders on the spot and secure business partnerships. We are pleased to see the three tech fairs playing a major role in the innotech ecosystem of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), which attracts the participation of ASEAN and Asia markets, and those further afield in Europe and the Americas. The success of these events reflects Hong Kong's determination to develop at full speed into an international centre for innovation and technology and reaffirms the status of the city as an international trade and exhibition centre," she added.

InnoEX and the Hong Kong Electronics Fair were flagship events of the inaugural Business of Innovation & Technology Week (BITWeek), which also included the Digital Economy Summit, co-organised by the HKSAR Government and Cyberport. Together, the three BITWeek events recorded a total attendance of over 50,000 local and overseas visitors.

The three tech fairs of the HKTDC featured more than 100 innovative solutions to drive smart city development in Hong Kong presented by the Smart Hong Kong Pavilion, artificial intelligence (AI) and robotics projects undertaken by 14 research laboratories in collaboration with world-renowned universities introduced by the InnoHK initiative under the Innovation and Technology Commission, the latest electronics and smart lighting solutions as well as a series of forums, panel discussions and seminars featuring distinguished experts to share their insights on the latest technological trends.

AI, smart city and metaverse dominating the conversation

More than 50 events were held during the fairs, including the InnoEX Forum, Under 30 – Tech Trends Symposium for the Next Generation, Asian Lighting Forum, and the "France in the Game – Sustainable Development for the Cities of Tomorrow" organised by So French So Innovative pavilion, and the "Collaborate & Build Data Ecology between Twin Cities" event organised by the Office of the Government Chief Information Officer (OGCIO) and Shanghai Municipal Commission of Economy and Informatization. Robust discussions on trending topics, such as AI, smart city and metaverse attracted a large number of industry participants.

Over 80% of I&T industry expects sales to grow in the next one to two years

The majority of the over 1,000 exhibitors and buyers, responding to independent surveys commissioned by the HKTDC at the fairs, held optimistic views on their upcoming business development and sales. They agreed that Hong Kong offers the advantage of connecting the world with the GBA and ASEAN.

According to the survey, 75% of respondents at InnoEX believe that overall sales will increase in the next six months to a year. A total of 86% of respondents expect their overall sales to increase in the next one to two years.

Respondents believe that the biggest advantage of Hong Kong's innovation sector lies in the city's highly skilled and multicultural talent pool (26%), creative technology solutions (25%) and its unique role as an intermediary between Mainland China and the world (21%).

In addition, with the support of policies, many companies are committed to expanding into ASEAN markets. 38% of local exhibitor respondents are trying or planning to expand into the ASEAN countries, while 31% of respondents plan to expand into the GBA and 89% of them were optimistic about opening up their businesses in the GBA market. 21% of respondents plan to expand into other non-GBA Chinese cities.

Furthermore, around 50% and some 30% of local exhibitor respondents, respectively, believe that policy support from the Hong Kong and mainland governments and/or assistance from other organisations in both places, the willingness to cooperate by mainland and international corporations as well as leveraging the complementary advantages of Hong Kong and other GBA cities are favourable for Hong Kong innovation companies to explore the GBA mainland cities market.

Among the respondents of the Hong Kong Electronics Fair (Spring Edition) and Hong Kong Lighting Fair (Spring Edition), 58% of the respondents believed that overall sales would increase in the next six months to one year. A total of 72% of respondents expect their overall sales to increase in the next one to two years. In terms of product trends, respondents at the Hong Kong Electronics Fair (Spring Edition) identified household appliances (21%), audio-visual products (21%) and electronic or electrical accessories (20%) as having the greatest growth potential in key sales markets this year.

As for the Hong Kong Lighting Fair, more than 51% of the respondents believe that LED type of lighting products have the greatest growth potential among the major sales markets, followed by commercial lighting (33%), outdoor & public lighting (27%) and residential lighting (20%).

Smart products demand drives engaging business negotiations at tech fairs

Shanghai Yuweia Technology Co., Ltd. promoted its virtual reality products at InnoEX. Mr Ryan Zhu, Chief Marketing Officer of the company, stated: "This fair was a huge success! Buyers from both domestic markets and abroad highly praised our products. In addition to meeting hundreds of potential clients, we received orders from Japan, Canada, the United States, Indonesia, Singapore and other places. We intend to take part in the fair again next year and bring our latest products to consumers worldwide."

During the fairs, government officials from ASEAN countries, Mainland China and Hong Kong met with exhibitors from various countries and regions at the ASEAN Smart City Development Roundtable to exchange ideas. Mr Lim Chinn Hwa, Senior Director of GovTech of Singapore, said, "Hong Kong and Singapore can potentially collaborate on investing in technologies relevant to smart cities. Together, we can also work on aspects, like handling the different data collected, dealing with the differences in the two places' governance approach, identifying talents who can serve the needs of both places and facilitating knowledge exchange. Sharing ideas and policies in these areas is highly beneficial."

Hong Kong exhibitor Doss (H.K.) Limited promoted its Bluetooth speakers at the Hong Kong Electronics Fair (Spring Edition). According to Ms Vivian Liang, Sales Manager of the company, "We aim to explore new markets and strengthen relationships with existing customers through the fair. Face-to-face interactions with customers during the fair helped us foster long-lasting relationships and generate more orders. This fair produced positive outcomes. We met with about 50 new buyers, mostly from Europe and the United States. We anticipate receiving orders totalling US$100,000."

Robust global purchasing power through Hong Kong

The resumption of customs clearance between the mainland, Hong Kong and the world attracted buyers from all over the world to the fairs, with robust sales activity generated on-site and online . Mr Arvine Quizon, Head of Technology of Leading Edge based in Australia travelled to Hong Kong and sourced at the Electronics Fair. He highly appreciated the fair, saying "It's a great place for horizon scanning, finding new trends and the focus for the industry. I've always loved the fair in Hong Kong. It's the best in the world for sourcing new products. It's great to be back since the pandemic and I'll certainly be back more often."

Exhibitor Ms Vivian Wu, General Manager of Zhongshan Obals Lighting & Electric Co., Ltd from Mainland China obtained a huge order at the fair. She said, "We are thrilled to have received an onsite order worth US$3 million for our LED commercial lighting products from a long-term customer from Australia on the first day of the fair. Buyer traffic has been heavy at the fair. We have established more than 300 new contacts with quality buyers from new markets, such as Africa, Asia and the Middle East. And about 30 new buyers came from large companies, which have their own brands."

Websites
– InnoEX: https://www.hktdc.com/event/innoex/en
– Hong Kong Electronics Fair (Spring Edition): https://www.hktdc.com/event/hkelectronicsfairse/en
– Hong Kong International Lighting Fair (Spring Edition): https://www.hktdc.com/event/hklightingfairse/en
– The HKTDC's Media Room: http://mediaroom.hktdc.com/en
– Photo download link: https://bit.ly/3UBGlaG

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.

Media enquiries
For more information, please contact Raconteur:
Molisa Lau, Tel: +852 6187 7786, Email: molisalau@raconteur.hk
Betsy Tse, Tel: +852 9742 7338, Email: betsytse@raconteur.hk

The HKTDC's Communications and Public Affairs Department:
Eric Wong, Tel: +852 2584 4575, Email: eric.ks.wong@hktdc.org
Clementine Cheung, Tel: +852 2584 4514, Email: clementine.hm.cheung@hktdc.org

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

Dr Peter K N Lam reappointed as HKTDC Chairman

HONG KONG, Apr 14, 2023 – (ACN Newswire) – The Hong Kong Special Administrative Region (HKSAR) Government announced today that Dr Peter K N Lam has been reappointed as Chairman of the Hong Kong Trade Development Council (HKTDC) for two years with effect from 1 June 2023.

Dr Peter K N Lam, Chairman of the HKTDC

Dr Lam said: "I am honoured to be reappointed as Chairman of the HKTDC. In the past four years, the global economy has faced unprecedented challenges. While preparing for the resumption of business in Hong Kong, the HKTDC has also been working hard to help companies, especially SMEs, continue connecting with partners around the world through our online-offline hybrid platforms. With the recent re-opening of Hong Kong, we immediately rolled out several major international conferences and exhibitions and outreach activities, including a delegation to the Middle East led by HKSAR Chief Executive Mr John Lee in February this year. We are pleased to see from the international business community not only their continued enthusiasm for Hong Kong, but also their interest in opportunities such as the Guangdong-Hong Kong-Macao Greater Bay Area and Asia in general."

Dr Lam further added, "The HKTDC team and I will continue to leverage Hong Kong's position as the international gateway of Mainland China to support national policies such as the Belt and Road Initiative and the Greater Bay Area. Through our 50 offices around the world, we will strengthen our overseas promotion activities to promote the Hong Kong city brand, and we will also continue to attract businesses and talent to Hong Kong through our anchor fairs and conferences and digital information platforms. I am optimistic about the future, and will lead the HKTDC team to continue creating opportunities for the business community in Hong Kong and around the world."

The HKTDC's Media Room: http://mediaroom.hktdc.com/en
Photo download: https://bit.ly/3zURmdw

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.

Media enquiries
HKTDC's Communications and Public Affairs Department:
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

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

Axiata Foundation Launches Back To School Programme and All-Star Bestari Scholarship to Promote Equitable Education

KUALA LUMPUR, Apr 13, 2023 – (ACN Newswire) – Axiata Foundation, the philanthropic arm of Axiata Group Berhad, has launched two programmes under its Axiata Equity-In-Education Fund (AEiEF) earlier today. In line with its mission to provide education support and financial assistance to top-performing students from low-income backgrounds, Axiata Foundation's Back To School (BTS) 2023 Programme was unveiled in partnership with Majlis Amanah Rakyat (MARA) and Sekolah Berasrama Penuh (SBP) as a means of widening the programme's reach nationwide. In addition, Axiata Foundation announced the launch of its All-Star Bestari Scholarship Programme (ASBS) for high-potential students from underprivileged families (B40) who wish to pursue their pre-university and undergraduate studies in local public institutions.

Encik Mohamad Kamal Nawawi (Chief Executive Officer of the Axiata Foundation), Dr Norisah Binti Suhaili (Deputy Director General of Education Malaysia (Operation Sector Malaysia)), Datin Dr Norrizan Razali (Member of the Board of Trustees), and Encik Noor Azizan Bin Abd. Hadi (Deputy Director of Sekolah Berasrama Penuh) [L-R]

AXIATA FOUNDATION'S BACK TO SCHOOL PROGRAMME

Axiata Foundation debuted its Back To School Programme in 2022, consisting of two phases. In phase one, Axiata Foundation spent RM250,000 to provide school supplies and cash assistance to 700 top- performing students from low-income families across 48 Maktab Rendah Sains MARA (MRSM) schools nationwide. In phase two, Axiata Foundation invited these select students to join its School Leadership Development Programme, valued at RM160,000, in an effort to create greater value and longer-lasting impact for them.

This year, Axiata Foundation is more than doubling its pledge for the BTS 2023 Programme. In phase one, Axiata Foundation will distribute a total of RM490,000 to 700 MRSM students and 700 SBP students across the nation in the form of providing essential school supplies worth RM250 and cash assistance worth RM100 per beneficiary. Meanwhile, in phase two, the identified students will be invited to participate in Axiata Foundation's School Leadership Development Programme (SLDP) and the Axiata Digital Leaders Programme (ADLP) later this year.

Both programmes, valued together at RM520,000, aim to equip the students with essential leadership skills and digital capabilities in order to develop them into effective leaders of the future and empower them as agents of positive change. Therefore, in 2023, Axiata Foundation's commitment to provide quality education in an inclusive and equitable manner has amounted to above RM1 million.

AXIATA FOUNDATION'S ALL-STAR BESTARI SCHOLARSHIP PROGRAMME

Axiata Foundation's long-standing dedication to nurturing young scholars has seen a renewed, and expanded, commitment. Since 2011, the Foundation has provided scholarships to top-performing secondary students in partnership with Kolej Yayasan Saad (KYS). The Foundation's support throughout these years will now be extended to pre-university and undergraduates with the launch of Axiata Foundation's All-Star Bestari Scholarship Programme.

This scholarship programme provides financial aid to high potential students from B40 communities to empower them in their pursuit and completion of their pre-university and undergraduate studies at local public institutions in Malaysia. ASBS will also provide these beneficiaries with structured interventions to nurture their personal and professional development in the spirit of the programme's motto "Scholarship Beyond Academics".

This year's instalment sees Axiata Foundation providing scholarships to 20 pre-university and 20 undergraduate beneficiaries. There will also be a reserve quota for specific marginalised groups such as Orang Asli and Persons with Disabilities (OKU), in line with the mission to provide inclusive and equitable education. Applications can be made through the Axiata Foundation website which will be open to the public on 10th May 2023.

FUTURE-PROOFING MALAYSIA THROUGH SOCIAL EMPOWERMENT

In equipping future generations of Malaysians, the Foundation fulfils its ethos to move successive generations of Malaysians up the social ladder. Responding to the recent call of the Government to provide more initiatives and education opportunities through Technical and Vocational Education Training (TVET), Axiata Foundation aims to broaden its scholarship programme in the near future by paving the way for scholars pursuing education in TVET. The Foundation will also provide increased opportunities for Professional Certificates in technology and digital-core subjects such as Data Analytics, Software Development, Artificial Intelligence (AI) and others to develop future-ready digital leaders.

Axiata Foundation's CEO, Mohamad Kamal Bin Nawawi said "Axiata Foundation intends to benefit more students this year through Back To School, All-Star Bestari Scholarship Programme and to increase the allocation for both programmes for the benefit of less fortunate students. At Axiata Foundation, we are grateful for the opportunity to collaborate with Ministry of Education, Majlis Amanah Rakyat, and the management of SBP and in providing assistance to these students in continuing their education."

"Through the Education pillar, Axiata Foundation also aims to nurture young generations with critical thinking skills to develop them into future digital leaders."

"Axiata Foundation is determined to continue playing an important role in the development of future corporate leaders and digital leaders of the country."

In addition to the Ministry of Education, MARA, MRSM and BPSPB representatives, 100 beneficiaries from MRSM and SBP were present during the launch event and received a mock cheque for their schools and a token of appreciation from Axiata Foundation.

"Thank you, Axiata Foundation, for the school supplies and for the valuable skills that I have gained from the leadership programme. Thank you for everything and I really hope that I can apply my learnings from the programme throughout my life journey," shared one of the SBP beneficiaries of Back To School 2023.

Axiata Foundation: www.axiata-foundation.com

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

Palladium One Announces Completion of Strategic Equity Investment by Glencore

TORONTO, ON, Apr 12, 2023 – (ACN Newswire) – Palladium One Mining (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") is pleased to announce that, further to PDM's news release dated March 30, 2023, it has completed a C$4,252,050 non-brokered private placement financing (the "Private Placement") with a wholly-owned subsidiary of Glencore plc ("Glencore"). Pursuant to the Private Placement, PDM issued 28,347,000 common shares ("Common Shares") at C$0.15 per Common Share. Upon completion of the Private Placement, Glencore owns approximately 9.99% of the issued and outstanding Common Shares of PDM on a non-diluted basis.

Net proceeds of the Private Placement are intended to be used for exploration and development activities at the Company's nickel projects, for future exploration and development activities, working capital and general and administrative expenses.

In connection with the Private Placement, Palladium One and Glencore entered into an investor rights agreement (the "Investor Rights Agreement"), pursuant to which Glencore is entitled to certain customary rights including participation rights on future equity security issuances and a right to nominate an individual to the technical committee of Palladium One. Under the Investor Rights Agreement, Glencore will agree to certain customary transfer and standstill restrictions.

The Common Shares issued pursuant to the Private Placement are subject to a four-month hold period from the date of issuance in accordance with applicable securities laws. No commissions or finder fees are payable in connection with the Private Placement.

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.

These forward-looking statements include, but are not limited to, statements relating to the Private Placement; expected future attributes, capitalization and strategy of Palladium One following the completion of the Private Placement; the anticipated benefits of, and rationale for, the Private Placement; plans, strategies and initiatives for Palladium One; the expected use of proceeds of the Private Placement; the terms and conditions of the Investor Rights Agreement; and other statements that are not historical facts.

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, the timing and ability of Palladium One to obtain final approval of the Private Placement from the TSX Venture Exchange 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/162033

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

Life Science Incubator Signs MOU with a strategic anchor tenant for its planned Brisbane Co-Working Laboratory Space Project

SINGAPORE, Apr 6, 2023 – (ACN Newswire) – ACROMETA Group Limited, 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 Life Science Incubator Pte Ltd[1] ("Life Science Incubator" or "LSI") has entered into a non-binding Memorandum of Understanding ("MOU") with a renowned regional German commercial property management group ("GCPM").

The MOU confirms LSI and GCPM's ("The Parties") commitment and interest in working together for mutual benefit on LSI's proposed co-working laboratory space project in Brisbane, Queensland, Australia (the "Brisbane Project"). Information about the Brisbane Project and Brisbane's flourishing life science hub has been posted to SGXNet in the ACROMETA press release dated 31 March 2023.

Specifically, GCPM intends to lease and operate the co-working office area and meeting rooms within the LSI's Brisbane premises. In addition, as part of the MOU, the Parties have agreed to promote each other's facilities and services to their respective members, tenants and business network.

LSI currently operates a 6,500 sq feet co-working laboratory space at The German Centre in Singapore, serving SMEs and startups, while The German Centre operates the co-working office area and meeting rooms in the premise. This existing partnership has worked well with LSI members being able to leverage on the co-working office area and meeting rooms. The intent of the MOU is to replicate the success and synergies experienced in Singapore.

Mr Levin Lee Keng Weng, ACROMETA's Executive Chairman, commented, "To have a working partnership with such a prestigious regional German property management group is advantageous for ACROMETA. We hope to replicate the model in Singapore, which has worked well for us, to Australia and beyond. Their business network and experience, coupled with LSI's technical expertise on co-working laboratory spaces and Acromec Engineers' experience in the design and construction of laboratories, means that we have a competitive advantage for tapping into the demand for co-working laboratory space in Brisbane."

[1] Reference the Company's announcement on 20 February and 31 March 2023, the Company has entered into the sales and purchase agreement of the proposed acquisition of LSI. The transaction is pending completion. On completion, LSI will be a 70%-owned subsidiary of the Company.

About Life Science Incubator

Launched in September 2021, LSI's first laboratory located at German Centre Singapore garnered healthy occupancy rates within a year of operations. Fueled by strong demand, as more companies conduct R&D to bring innovative products into the market, LSI is looking to expand in Singapore as well as in the region. The German Centre Singapore is part of a worldwide network supporting businesses by providing specialised co-working office space, advice and networking for startups and SMEs. For more information, visit: https://www.lifescienceincubator.com

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
Mr. Jerry Tan
Chief Financial Officer
Tel: +65 6415 0574
Email: jerry.tan@acromec.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.

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

REITs Symposium 2023: Staying Resilient Amidst Global Headwinds; to be held on Saturday 20 May 2023

SINGAPORE, Apr 6, 2023 – (ACN Newswire) – ShareInvestor Pte Ltd, Singapore's largest independent platform for investor relations, market data tools and investor education, today announced the launch of the annual REITs Symposium, the largest real estate investment trusts (REITs) event in Singapore.

Event is set to return as a fully physical event. This highly anticipated event seeks to address global headwinds such as interest rates, inflation, muted economic growth, and mixed market sentiments that impact the REIT industry.

This year's symposium will feature insightful discussions and keynote presentations from esteemed REIT management such as CEOs, CFOs, economists, fund managers and industry experts. They will share their expertise on the current market conditions, as well as provide valuable tips and insights on how to evaluate and invest in REITs.

Mr Christopher Lee, CEO, ShareInvestor Group said: "We are excited that the 2023 edition of the REITs Symposium will be a fully physical event post-Covid19 pandemic. We are expecting over 1,000 attendees from the investment community. Attendees will have the opportunity to participate in interactive sessions, which aim to answer the following key questions: amidst the chaos, how is each REIT sector being resilient? What will happen when interest rates remain high? How will REIT and property managers adapt to this "new normal"? Where are the Opportunities?

"In addition to the informative talks, this year's highlights include fun booths where attendees can engage with the REITs community and gain insights into the industry and a Technical Analysis Zone, offering in-depth trading information and tools for making informed investment decisions. There is also a Financial Influencer and Blogger Meet-Up, providing opportunities to network with key opinion leaders in the REITs space," Mr Christopher Lee added.

The REITs Symposium 2023 is an unmissable event for anyone interested in real estate investments, providing an invaluable platform for networking, learning, and discovery.

REITs Symposium will take place on May 20, 2023, at Suntec Convention Centre Hall Level 3 from 9:00AM – 6:00PM.

Early Bird Tickets priced at S$10 per pax and Buddy promotion at S$14 for 2 pax; Members of the press are encouraged to get in touch for more information and media passes.

For more information on the event and registration details, please visit our official website at https://reitsymposium.com/home.html.

Media Contacts:

Mr Ethan Ho
Head of Investor Platforms, Shareinvestor Pte Ltd
Email: ethan.ho@shareinvestor.com

Mr Wayne Koo
Mobile: +65 9338-8166
Office: +65 6958-8008 / 6958-8005 / 6958-8006
Email: query@waterbrooks.com.sg
Email: wayne.koo@waterbrooks.com.sg

About ShareInvestor ( www.shareinvestorholdings.com )

A leading regional media and technology company, ShareInvestor Pte Ltd (SI) was founded in 1999 to empower investors to make informed investment decisions. SI focuses on providing investor relations, market data and investor education services, and operates the largest investor relations network in the region.

SI Group has over 130 employees in four countries (Singapore, Malaysia, Thailand and Indonesia). It has also made strategic investments in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd ( https://www.waterbrooks.com.sg/ ), and Singapore's leading social media platform for investors, Investing Note Pte Ltd ( https://www.investingnote.com ).

SI ( https://www.shareinvestor.com/ ) provides online market data for multiple markets across its online platform tools ShareInvestor Station(TM), ShareInvestor WebPro(TM) and ShareInvestor Mobile. Its other products include Investor-One ( https://www.investor-one.com/ ), a website on investor education, market news, corporate developments, and data analytics; as well as Inve$t, the e-magazine published weekly in Singapore and Malaysia.

SI organises financial investment seminars and conferences for investors. Its annual large-scale events INVEST Fair(TM) ( https://investfair.com.sg) in Singapore and Malaysia draws thousands of participants.

About REITAS ( www.reitas.sg/ )

REITAS is the representative voice of the Singapore REIT (S-REIT) sector. It provides its members a representation and engagement in consultation opportunities with policy makers on issues affecting S-REITs. The association also organises talks, courses, investor conferences and retail education events to promote understanding and investment in Singapore REITs.

About InvestingNote ( www.investingnote.com )

InvestingNote is a Singapore-based company that created a community-driven platform that helps retail investors connect with experienced, professional investors to exchange investing ideas and financial knowledge, across both Singapore and Malaysia. We're here to make investing Fun & Profitable!

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

RHTLaw Asia strengthens Real Estate Practice with appointment of new partner

SINGAPORE, Apr 5, 2023 – (ACN Newswire) – Singapore-headquartered regional law firm RHTLaw Asia has appointed Mr Yeong Wai Cheong as partner in the firm's Real Estate practice.

Mr Yeong Wai Cheong, Partner at RHTLaw Asia and Mr Azman Jaafar, Managing Partner at RHTLaw Asia [L-R]

Wai Cheong brings extensive experience in real estate, banking and finance, representing Singapore-listed companies and banks, purchasers and vendors, developers, landlords and tenants across a range of domestic and cross-border financing and real estate matters.

He has been consistently ranked as a "Recommended Lawyer" for Real Estate in the Legal 500 Asia Pacific for seven consecutive years. Dual-qualified in Singapore and Hong Kong, Wai Cheong has represented parties for the sale and purchase and financing of industrial, commercial and residential properties in Singapore and Hong Kong.

In addition to his prior stint at RHTLaw Asia, Wai Cheong was also previously the General Counsel for Asia for an European bank and the Head of Legal for Singapore for two European banks.

RHTLaw Asia Managing Partner, Mr Azman Jaafar, said, "Real Estate will continue to be an important sector for us given Singapore's position as a global financial centre. We will continue to strengthen our practice with the addition of new talent to support our clients. Mr Yeong is a welcome addition to our team as we roll out our new ONERHT Client UX strategy together with our core multidisciplinary capabilities."

About RHTLaw Asia LLP

RHTLaw Asia LLP is a leading regional law firm headquartered in Singapore with a network of offices in 15 jurisdictions in Asia, Oceania, Middle East and Africa under the ASEAN Plus Group (APG) comprising over 2,000 lawyers. We help clients understand the local challenges, navigate the regional complexity to deliver the competitive advantage for their businesses in Asia. We are also the Singapore member of the Interlex Group, a global network of leading law firms.

RHTLaw Asia collaborates with ONERHT, an integrated network of multidisciplinary professional services, through entities which are not affiliates, branches, or subsidiaries of RHTLaw Asia LLP. For more details, please visit www.rhtlawasia.com

For Mr Yeong Wai Cheong's profile, please visit:
https://www.rhtlawasia.com/people/yeong-wai-cheong/

About ONERHT

ONERHT is an integrated multidisciplinary platform of professional and specialist services. Since 2011, RHTLaw Asia's founding team has developed a second engine of growth through ONERHT, an independent ecosystem of professional and specialist services, and networks, complementing RHTLaw's full service legal offerings. For more details, please visit www.onerht.com

For media queries, please contact:
Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417

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

airindiaexpress.com witnesses surge in interest and bookings with its new look and unique features

New co-branded website witnesses 125% increase in visits and generates over 25% revenue for Air India Express; Dubai, Bengaluru, Abu Dhabi, Doha emerge top sources of traffic

Singapore, Apr 5, 2023 – (ACN Newswire) – airindiaexpress.com, the unified customer interface of Air India Express and AirAsia India – the two subsidiary airlines of Air India, has witnessed a surge of visitors within days of launch with the platform, contributing over 25% of international flight revenue on the first day itself, making it the dominant single source of reservations. Flyers of both airlines are now logging in, booking, and managing reservations for both Air India Express and AirAsia India flights on airindiaexpress.com, the new website launched as a major milestone in the integration of the two airlines. airindiaexpress.com is built on the platform of the award-winning AirAsia India website developed by Tata Consultancy Services with the support of Tata Digital and provides a significantly enhanced booking, support and travel experience for Air India Express customers from its historical platform.

The launch of the new website was enabled by the migration to a common reservations and check-in system, which now unifies the entire commercial ecosystem of the two airlines.

Following the successful launch of the reservations system, the airline entities are now focusing on cutting over to common airport check-in systems in a phased manner at all international terminals in India, followed by the overseas network.

Some of the salient features of airindiaexpress.com include:

Single Sign On (SSO) credentials, integrated with Tata Neu and other participating brands of the Tata NeuPass rewards programme
Personalised account profile with personal details, travel documents, saved family & friends for single click addition of guests to bookings, GST details for SMEs, past and upcoming bookings and personalised offers and vouchers
E-commerce style shopping cart, integrated with single sign-on, enables users to seamlessly continue their booking if they leave midway
A single page vertically stacked accordion-style booking flow, minimising the time between flight search and payments, providing a super-fast and efficient booking experience
An integrated booking widget offering special fares and benefits for different passenger profiles, including senior citizens, students, doctors and nurses and members of the armed forces and their dependants, ensuring personalised offerings for flyers on the same PNR
The option to use gender-neutral honorifics for each passenger when booking
Xpress Check-in – Fastest in the industry 5-second check-in which is already scoring global benchmark level Net Promoter Scores with over 80% of users scoring it a 9 or 10, and stating they would recommend it to their friends and family.

Nearly half the bookings on airindiaexpress.com have been from international markets, with Dubai being the largest source city of traffic and other top international sources of traffic being Abu Dhabi, Doha, Sharjah, and Singapore. Domestic traffic and bookings on the platform have come from metro markets like Bengaluru, Delhi and Mumbai, reflecting the domestic network and hubs of AirAsia India.

As part of the integration, brand communications and support have also moved to common social media handles on Twitter, Facebook, Instagram and YouTube. Online reputation management tools indicate that the integrated social media handles have the highest social reputation score amongst all Indian airlines, driven by faster response and resolution times and massive positive sentiment and feedback on the user experience of the new website and support channels. Advanced AI-powered conversational and multilingual chatbot Tia is also providing seamless 24*7 customer support for both airlines on a common WhatsApp number, Facebook Messenger and on the common website.

With a unified sustainability strategy, the website also offers flyers the opportunity to offset their carbon footprint by planting a tree for every booking, with a geo-location tagged URN Certificate.

A travel agent portal, built and accessible from the same platform, for corporate and retail travel agents in the largely disaggregated market is another key offering of the platform. The travel agent portal offers automated fund upload options, eliminating the need for manual intervention. The platform is also fully automated, from fetching fares to negotiations, enabling travel agents to handle individual and group bookings with ease.

Commenting on the warm response to the integrated platform, Mr. Aloke Singh, Managing Director, Air India Express and AirAsia India said, “The initial phase of integration of Air India Express and AirAsia India has been executed in a robust manner in record time. We have successfully migrated to modern day technology from the legacy systems that were dominant. This migration has been built by leveraging the existing strong attributes of AirAsia India with additional deployment of relevant tech solutions. We are very enthused with the initial response to the newly launched airindiaexpress.com. The unified customer experience is an important aspect of our objective of showcasing the larger strength and scale of the Air India network. We are working on adding even more unique features and integrated service which will deliver enhanced experience and strengthen our position in the minds of the customers.”

AirAsia India flies to 19 destinations across the country while Air India Express operates to 14 international destinations from 20 Indian cities.

About Air India Express:

Air India Express, launched in 2005, is India’s first international budget carrier and a wholly-owned subsidiary of Air India. It meets the need for affordable services on short and medium-haul routes connecting smaller Indian towns directly to the Gulf and South East Asia regions. With 20 Indian cities and 14 international destinations in its network, the airline operates more than 600 flights a week. The airline has a fleet of 26 Boeing 737-800 NG aircraft. In January 2022, Air India Express, together with Air India, was successfully privatized, with ownership returning to the Tata group that had initially founded Air India.

About AirAsia India:

AIX Connect Private Limited, formerly known as AirAsia India Private Limited, was launched in 2014 and is now a wholly-owned subsidiary of Air India Limited. AirAsia India flies over 50 direct and 100 connecting routes across India, offering plush leather seats, Gourmair hot meals, pioneering in-flight entertainment, and a host of exclusive loyalty benefits for members of the Tata NeuPass rewards program and offers fast bookings, fab deals and fantastic value on its award-winning website and mobile app.

Media Contact:

Air India Express
PG Prageesh /Hari Krishnan
pg.prageesh@airindiaexpress.in
hari.krishnan@airindiaexpress.in

Adfactors PR
Namrata Sharma (Singapore): +65 81383034
Abreshmina Quadri (National): +91-8826721799
Jeevan Chandy (Kochi): +91-9447302033
airindiaexpress@adfactorspr.com