SNS Network Technology Posts 35.5% Rise in PAT to RM11.94 Million

IPOH, Malaysia, Dec 13, 2022 – (ACN Newswire) – SNS Network Technology Berhad, an ICT system and solutions provider, today reported a 35.5% rise in profit after tax (PAT) to RM11.94 million for the third quarter ended 31 October 2022 (3Q FY2023) compared with PAT of RM8.81 million in the immediately preceding quarter (2Q FY2023).

Managing Director of SNS, Ko Yun Hung

The Group registered revenue that increased 17.5% to RM348.84 million in 3Q FY2023 compared with RM296.93 million in 2Q FY2023. For the quarter under review, there was a 25.7% gain in gross profit (GP) to RM29.44 million compared with GP of RM23.43 million in 2Q FY2023 while profit before tax (PBT) increased 29.9% to RM15.28 million compared with PBT of RM11.76 million.

There are no comparative figures on a year-over-year basis as SNS was listed on the ACE Market of Bursa Malaysia on 2 September 2022.

Managing Director of SNS, Ko Yun Hung, said, "We are seeing continuous growth in revenue and profit as well as margins supported by growing demand in the ICT industry by the commercial sector due to the market's digital transformation initiatives as well as the implementation of government's ICT initiatives as part of the digitalisation drive in schools. In fact, more and more organizations will continue to infuse digital technology into every process and function to boost up their productivities."

"Building on the government's digitalisation initiatives, we are fulfilling projects secured under the PerantiSiswa Keluarga Malaysia, a programme to bridge the digital gap and enhance the learning experience among tertiary students from the B40 group. In addition, our Group is very focused on expanding the device-as-a-service (DaaS) subscription-based service as we announced prior to our listing given the growth in the domestic DaaS market, which saw a CAGR of 39.04% from 2018, when the market was valued at RM139.95 million to 2021, when the market was valued at RM376.17 million."

"SNS is in a strong cash position at RM89.24 million and we are ready to expand through our online, physical store and commercial channels offering products, services and solutions. The Group's growth and strength is also supported by JOI(R), our in-house brand of devices and solutions catering to the needs of a growing audience of students enabling them to access educational tools and online learning for hybrid environment. We continue to also secure more DaaS projects from both the government and private sectors across all industries."

The Group's board of directors has also approved and declared a first interim single-tier dividend of 0.25 Sen per ordinary share amounting to RM4,031,949 in respect of financial year ending 31 January 2023, to be paid on 18 January 2023. The entitlement date is 3 January 2023.

SNS Network Technology: 0259 [BURSA: SNS], https://www.sns.com.my/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Spritzer “Winter” Carnival 2022

KUALA LUMPUR & TAIPING, Dec 13, 2022 – (ACN Newswire) – Spritzer is back this year with its year-end thematic celebration coupled with Instagram-able decorations and exciting activities. The wish is to spread holiday cheer and togetherness for families and friends after two years of the COVID-19 pandemic. All are welcome to join the "Winter" Carnival in the Spritzer EcoPark from 16th December 2022 to 1st January 2023.

The company will feature a 28-foot Giant Christmas Tree partially made of recycled Spritzer Sparkling and Spritzer Natural Mineral Water bottles. Families and friends can also capture beautiful memories in the cosy Christmas setting with "Igloo-like" dome houses.

"Snow season" returns to Taiping, Perak after two years. The anticipated snowfall sessions will be available on select days, with four sessions per day, with each session lasting 30 minutes.
– Snowfall dates: 16, 17, 18, 23, 24, 25 December 2022
– Session times: 6:30 p.m., 8:00 p.m., 9:00 p.m., 10:00 p.m.

Other "Winter" Carnival activities include giant outdoor bubble, pedal kart ride, mini golf in the park, fun fair game stations such as Flip the Bottle, Toss the Ring and more! You can also create your Christmas crafts from recycled materials.

Food and beverages are not to be missed during the carnival to help with your winter wonderment. Homemade popcorn and special concoction of Tropical Fizz using Spritzer Sparkling water are always recommended and choices for visitors to chill while enjoying outdoor activities.

Special workshops will be held for making delicious gingerbread and glutinous rice balls. Booking is not required; public is welcome to join us during the period!
– Gingerbread workshop: 23-25 December 2022 (5:00 p.m. – 10:00 p.m.)
– Glutinous rice ball workshop: 16-18 December 2022 (5:00 p.m. – 10:00 p.m.)

Spritzer encourages reuse and recycling by incorporating conservation and sustainability through eco-tourism in Taiping.

Once again, Spritzer would like to extend this invitation and the happiest holiday greetings to everyone! See all of you here!

Spritzer Bhd: [Bursa: SPRITZER; 7103] [RIC: SPTZ:KL] [BB: SPZ:MK] [OTC: SPZRF], https://www.spritzer.com.my

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap Appoints Samer Saad as Regional Sales Director for META Region

Mountain View, Calif., Dubai, UAE and Mumbai, India, Dec 13, 2022 – (ACN Newswire) – CleverTap, the World's #1 Retention Cloud today announced the appointment of Samer Saad as the Regional Sales Director for its META Region and will be based out of Dubai.

Samer has over a decade of experience in building and scaling sales teams across the MEA region. He joins from Appsflyer, where he was the Regional Manager for the MEA region and has led partnership sales and agency roles across Criteo and Yahoo!. As CleverTap increases its focus into META Region, it has ensured the local presence of all sub functions that are needed locally to scale the business, and Samer will lead the mandate to scale the growth charter.

"We are all excited to have Samer onboard! With 120+ existing customers in the region, we have a robust foundation to further scale in the region. I am confident that Samer will help us embark on the next phase of our growth journey in the META region," said Vikrant Chowdhary, Chief Growth Officer, CleverTap.

"I am thrilled to join CleverTap as it has emerged as the global leader in the retention cloud category. The SaaS industry is one of the most promising across the world, and I am looking forward to being a part of the CleverTap journey, in becoming the preferred retention cloud partner for all digital native brands in the META region," said Samer Saad, Regional Sales Director, META, CleverTap.

About CleverTap

CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and life-time value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 1500 customers, including Gojek, ShopX, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements.

CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

VISHAAL MUDHOLKAR
Consultant, Archetype
+91 9724309069
vishaal.mudholkar@archetype.co

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesian Criminal Code won’t harm investment

JAKARTA, Dec 12, 2022 – (ACN Newswire) – The dissemination team spokesperson of the Draft Law on Criminal Code (RKUHP) Albert Aries clarified the fundamentally misleading news related to the adultery article, which is considered to harm Indonesia's tourism and investment sectors.

"The adultery article in the new Criminal Code that takes effect three years after its stipulation is an absolute criminal complaint. This means that only the husband or wife (for those bound by marriage) or the parents or children (for those not bound by marriage) can make a complaint. No one else can report or take the law into their own hands. There will be no legal process without a complaint from the entitled and directly harmed parties," Aries said in his statement on Thursday (Dec 8).

The articles of the Criminal Code that have recently attracted the attention of foreign tourists, including investors, are Article 411 concerning adultery, Article 412 concerning live-in relationships, and Article 424 concerning drinks and intoxicants.

Minister of Tourism and Creative Economy, Sandiaga Uno, has said he believes the newly passed Criminal Code (KUHP), specifically its provisions on live-in relationships, will not affect tourism and creative economy investment in Indonesia. "I am very confident that we can get US$68 billion (in foreign investment), and we can create 2 million jobs in this sector. But, of course, we need support," he informed here on Saturday (Dec 10).

According to Uno, investors need legal opinion before investing in Indonesia. The legal opinion must give confidence in safe. Uno added that the ministry will still need support and assistance in terms of legal certainty to convince investors to invest.

Upholds Human Rights

Aries also stated that it is not true that Indonesia's Criminal Code is not following human rights. "We certainly respect United Nations (UN) concern on equality, privacy, religious liberty, and journalism issues. On that basis, the criminal code regulates all of them by paying attention to the balance between human rights and human obligations," Aries said.

The reason is that the legal politics contained in the Criminal Code are aimed at respecting and upholding human rights based on the ideals of Pancasila (the Five Principles), BhinnekaTunggal Ika (Unity in Diversity), the Unitary State of the Republic of Indonesia, and the 1945 Constitution.

He underlined that the Criminal Code does not discriminate against women, children, and other minority groups, as well as the press.

One example is the adoption of Article 6 letter d of Law Number 40 of 1999 on the Press into the Elucidation of Article 218 of the Criminal Code so that criticism is not punished because it is a form of supervision, correction, and advice on matters relating to the public interests.

According to Aries, it is also incorrect to say the Criminal Code legitimizes negative social attitudes towards adherents of minority beliefs. "The regulation of criminal acts against religion and belief in the Criminal Code has been reformulated by taking into account the International Covenant on Civil and Political Rights (ICCPR), as inputs from the civil society," he said.

Previously, the Indonesian House of Representatives (DPR RI) passed the Draft Law on Criminal Code into law in a plenary meeting chaired by the Indonesian House of Representatives Deputy Speaker Sufmi Dasco Ahmad on Tuesday (Dec 6).

In the formulation of the Criminal Code, meaningful participation as the fulfillment of civil societies' rights to be heard, explained, and consideration has been given as much as possible.

–Antara

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesia highlights the need for democracy to face challenges at the 15th Bali Democracy Forum

BALI, INDONESIA, Dec 9, 2022 – (ACN Newswire) – Minister of Foreign Affairs of the Republic of Indonesia, RetnoMarsudi, said that democracy is considered to be able to help not only Indonesia but also the world leaders, in facing the challenges in the coming year.

Democratic leadership is urgently needed from leaders around the world to direct sustainable recovery by reaching out to the people most affected by the pandemic and other crises caused by geopolitical turmoil, Marsudi stated at the 15th Bali Democracy Forum (BDF) meeting in Nusa Dua, Bali, Thursday (Dec 8).

Marsudi officially opened the meeting, which was attended by 323 participants from 112 countries and five international organizations, with 52 of them attending virtually. "With democracy, freedom of expression and conveying aspirations is also guaranteed, and space for effective dialogue and decision-making is also possible because of checks and balances," Marsudi said.

While citing data from the Central Statistics Agency (BPS) that show 4.15 million productive workers are still affected by the COVID-19 pandemic, she emphasized that the principle of solidarity is very much needed in promoting an inclusive recovery. In this recovery effort, she emphasized that no party should be left behind. Democracy is the choice of the Indonesian people and has proven to play an important role in advancing peace, stability, and prosperity.

Additionally, the Secretary General of the United Nations, Antonio Guterres, acknowledged that democracy is currently experiencing a setback. Therefore, democracy needs to be defended and strengthened. "In a time of turmoil, tension, and chaos, divisions are widening, and people are hurting, democracy is declining, and civil society is shrinking," he said. Hence, the world community is obliged to act by defending and strengthening democracy.

He highlighted the importance of promoting the rule of law and the universal nature of all types of basic human rights, including economic, social, political, civil and cultural aspects. Therefore, it is necessary to uphold the democratic principles of inclusivity and dialogue because they are the foundation of a renewed social contract and the key to lasting peace, as well as stability and sustainable development.

Meanwhile, global solidarity is also needed to ensure that all people, wherever they are, can have the necessary resources and support to invest in society and their future, he added.

Minister Marsudi again said in her speech that democracy is not a goal, but a way to achieve a goal. "Then, the future of democracy will really depend on us, whether we will continue to support or give up on democracy," she said. Minister then emphasized that Indonesia is sticking to efforts to maintain the spirit of democracy and strengthen the foundations of democracy.

The Bali Democracy Forum is a cross-country forum in the Asia Pacific region that emphasizes democracy issues. The BDF 2022 has the theme 'Democracy in a Changing World: Leadership and Solidarity'. This theme underscores the importance of leadership and solidarity as part of the pillars of democracy in the midst of world turmoil due to geopolitical and economic crises. Since it was first held in 2008 until now, BDF has presented many diplomatic representatives from countries as well as experts.

–Antara

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Samaiden Shareholders Pass All Resolutions at AGM

PETALING JAYA, Malaysia, Dec 9, 2022 – (ACN Newswire) – Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants, reported that shareholders have passed all resolutions at the 3rd AGM held today.

Group Managing Director of Samaiden, Ir. Chow Pui Hee

Among the resolutions passed were the re-election of Lim Poh Seong and Fong Yeng Foon as directors pursuant to the Constitution of the Company as well as the re-appointment of TGS TW PLT as auditors of the Company. Shareholders also passed the resolution empowering the board of directors to issue and allot up to 10% of the total number of issued shares of the Company for the time being pursuant to Sections 75 and 76 of the Companies Act 2016.

Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "This is the first ever AGM we are holding physically ever since Samaiden was listed in October 2020 on the ACE Market. We are glad to meet our shareholders and would like to thank them for their trust and confidence in us as we endeavoured to steer the business safely through the COVID-19 pandemic. While financial year ended 30 June 2022 (FY2022) has not been without its challenges, we note the increasing adoption of RE as businesses and organisations come to terms with climate change and also volatile fossil fuel costs."

"Over the mid-to-long term, we see greater clarity for RE given the rollout of the National Energy Policy 2022-2040 in September 2022 outlining the key priorities for Malaysia's socioeconomic development. Given that sustainability practices are increasingly being used to benchmark businesses, easy access and the ready availability of RE is crucial for growth as it also covers other indices used to gauge green attributes such as carbon credits, carbon emissions and RE certificates."

"We view positively the more stable political climate in Malaysia as this will boost investor sentiment and funding for more RE infrastructure. Samaiden continues to seek opportunities to offer our EPCC services for the installation of solar PV systems as well as solar and non-solar power plants by leveraging on our core competency and experience in providing end-to-end services for potential solar PV and other non-solar projects."

Samaiden has an outstanding orderbook of RM325.40 million as at 30 September 2022 with earnings visibility over the next three years.

Samaiden Group Berhad: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Propel Global to Acquire 51% Stake in O&G Engineering Firm for RM7.82 Million

KUALA LUMPUR, Dec 8, 2022 – (ACN Newswire) – Propel Global Berhad (Bursa: MAIN, PGB, 0091), provider of oil and gas supporting services such as well services , engineering, procurement, construction and commissioning (EPCC) services, maintenance of heating, ventilation and air-conditioning (HVAC) systems as well as downstream specialty chemicals to the oil and gas (O&G) industry, today announced that the Company has entered into a conditional share sale agreement to buy a 51% stake in Best Wide Engineering (M) Sdn. Bhd. (BWE) for RM7.82 million.

Ms. Angeline Lee, Group Chief Executive Officer of Propel Global

BWE provides engineering and technical works for the O&G industry through engineering, procurement, construction and commissioning (EPCC) of new plants and plant modification works; design and supply of skidded process systems and engineered equipment for onshore plants and offshore platforms and; project management and engineering consultancy services. Its shareholders and directors are Azizi bin Alias (Azizi) with 45.8% equity interest, Jasniazrin Shah Bin Mohd Hata (Jasniazrin) with 44.2% equity interest and Tan Siew Lee (Siew Lee) with 10.0% equity interest.

Propel Global is acquiring the 51% stake from Azizi, who is selling his entire equity interest, and Siew Lee, who is selling 5.2% of his holdings. As part of the share sale agreement, Propel Global has also entered into a put and call option agreement with Jasniazrin and Siew Lee that requires the Company to purchase up to 49.0% of the remaining equity interest in BWE from them and, Jasniazrin and Siew Lee will grant Propel Global the right during the call option period that requires them to sell up to 34.0% equity interest in BWE to the Company.

BWE, which has 15 ongoing contracts with total unbilled contract value of RM21.8 million expected to be realised over the next three years, is guaranteeing a profit of RM2.4 million and RM2.6 million in profit after tax (PAT) for the financial year ended 30 November (FYE) 2022 and FYE 2023 respectively. BWE reported revenue of RM18.6 million and PAT of RM178,000 for FYE2019; RM19.0 million revenue and RM395,000 PAT for FYE2020 and; RM38.5 million revenue and RM2.3 million PAT for FYE2021. Currently, BWE has a tender book of RM41.3 million.

Ms. Angeline Lee, Group Chief Executive Officer of Propel Global said, "The acquisition is in line with the Group's strategy to grow the O&G business through expanding our offerings and enhancing market presence as an O&G engineering services provider. BWE's expertise and experience in EPCC works complements the Group's existing O&G business."

"We believe that combining the core competencies of BWE with the Group would enable the latter to bundle a wider range of service offerings to its customers and provide it with a competitive edge over competitors. The Group will also be able to tap into BWE's existing customer base for cross-marketing opportunities and additional revenue stream."

Propel Global Berhad: 0091 [BURSA: PGB], https://www.propelglobal.com.my/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SCIB Concludes 46th AGM Successfully

KUCHING, MALAYSIA, Dec 8, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) held the Company's 46th AGM virtually today in which shareholders voted to reappoint NEXIA SSY PLT as the auditor and authorised the directors to fix its remuneration.

Group MD and CEO of SCIB, Encik Rosland bin Othman

Shareholders also passed a resolution authorising the issuance and allotment of shares pursuant to Sections 75 and 76 of the Companies Act 2016 while waiving their pre-emptive rights.

The resolutions to re-elect Dato' Dr. Ir. Ts. Mohd Abdul Karim bin Abdullah and Datu Haji Abdul Hadi bin Datuk Abdul Kadir to the board of directors were not tabled as they retired effective 8 December 2022. Other resolutions passed included the reappointments of eligible directors up for re-election.

Group Managing Director of SCIB, Encik Rosland bin Othman, said, "We are happy to engage with our shareholders virtually in the AGM today and answer their questions. On behalf of SCIB, I would like to thank them for having placed their trust and confidence in us at what has been a challenging period. We would also like to thank both Dato' Dr. Ir. Ts. Mohd Abdul Karim and Datu Haji Abdul Hadi for their years of leadership and dedication to SCIB."

"I can confidently say that the Company is looking forward to 2023 following the measures we have adopted focusing on our strengths and ensuring our resilience in the face of changes in the construction industry."

Among the measures the Company took is a kitchen-sinking exercise pertaining to the recent cancellation of four projects as well as the settlement agreement over six projects in Qatar and Oman. These measures were taken to safeguard the Company's interests. In respect of the cancellation of the five projects, the decision was taken after reviewing and updating the Company's order book records to reflect the current situation while, in respect of the projects in Qatar and Oman, there is no financial impact to the trade receivables.

"In regards to the outlook, as East Malaysia's leading precast concrete and Industrialised Building System (IBS) manufacturer, we expect Sarawak Economic Development Corp's successful tender of the RM448 million System Package Two contract for the Kuching Urban Transportation System project phase one to have positive impact for the state economy while the announcement of the RM50 billion MRT3 project will spur demand for civil engineering services and building materials as well as give a much needed boost to the nation's construction sector."

"We intend to leverage on our strengths as a leading precast concrete and IBS manufacturer to seek opportunities for our engineering, procurement, construction and commissioning (EPCC) business where we specialise in small-to-mid-sized projects for water, electricity, roads, health and education infrastructure. SCIB's geographical scope expanded to Peninsular Malaysia in recent years and we are also seeking EPCC opportunities in neighbouring Kalimantan in which our manufacturing business can play a pivotal role. To ensure business sustainability, we have also adopted technology such as 3D printing for construction as we transform to meet the challenges of the present and the future."

As of 30 November 2022, SCIB has an order book of RM564.7 million with earnings visibility until 2026.

Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GHY and Curtin University Sign MOU to Jointly Shape the Next Generation of Media & Film Talents in the Region

Singapore, Dec 8, 2022 – (ACN Newswire) – G.H.Y Culture & Media Holding Co., Limited ("GHY", and together with its subsidiaries and its PRC Affiliated Entities, the "Group"), a leading diversified group in Asia's media and entertainment industry, is pleased to announce that G.H.Y Culture & Media (Singapore) Pte. Ltd., a subsidiary of GHY, has signed a non-binding memorandum of understanding ("MOU") with a world-renowned education establishment, Curtin University, for an academic collaboration in higher education programs in Asia related to media and film studies.

Under the MOU, both parties have agreed to (i) discuss opportunities for education-industry collaboration and work- integrated learning programs, (ii) explore development of a global major and cross-campus industry-integrated learning programs, (iii) exchange information relating to activities in fields of mutual interest and (iv) provide the students of Curtin with mobility opportunities.

Curtin University is an innovative, global university known for its high-impact research, strong industry partnerships and commitment to preparing students for jobs of the future. Curtin University is one of the top universities worldwide and it has campuses in Western Australia, Singapore, Malaysia, Dubai and Mauritius.

Since its establishment, GHY has placed a strong emphasis on identifying, nurturing and promoting talent in the media and film industry across Southeast Asia. While providing access and valuable exposure of its end-to-end production capabilities, GHY has also initiated various tie-ups with industry leaders and education institutions to provide more opportunities for aspiring talents to directly learn from industry professionals and gain practical experience in this niche industry.

In addition, the Group has been expanding its portfolio of entertainment content and products, with diversification into new growth adjacencies such as musicals and its first-ever immersive live action game based on GHY's "Strange Tales of Tang Dynasty" drama series.

Supported by a robust balance sheet with a net working capital of approximately S$130.1 million as at 30 June 2022, the Group is well-positioned to capture organic and inorganic growth initiatives, to capture the recovery and to bring sustainable long-term returns to shareholders.

Mr. Guo Jingyu, Executive Chairman and Group CEO, said, "New media consumers in Asia are dominated by younger demographics and the method of their media consumption is shifting from the big screen to their mobile phones with various forms of personalisation.

To better prepare and equip students for the future trends in the media and film industry, both GHY and Curtin University share a common vision to provide a structured higher-learning platform so as to develop Asia's talent pool and technology in the media and film industry to become one of the best in the world.

With GHY's strong in-house production capabilities and established industry network, there will be more opportunities for industry exchanges and on-the-job training programs for students under this academic collaboration.

For GHY, this is part of our initiatives to have an increasingly regional relationship and impact, strengthening our linkages with Asia through education and technology that are interconnected with our diversified business model within Asia's media and entertainment industry."

Professor Richard Blythe, Pro Vice-Chancellor, Faculty of Humanities, Curtin University, said, "The MOU would offer new opportunities for students to gain invaluable real-world experience. This exciting new industry-education collaboration will bring together Curtin's long-standing and successful screen arts expertise with GHY's strong in- house production skills and clear industry connections."

Professor Blythe added, "We are delighted to be working with GHY Culture and Media to help develop and foster the next generation of media and film industry stars across Asia."

About G.H.Y Culture & Media Holding Co. Ltd. (SGX: XJB; Bloomberg: GHY:SP)

Listed on the Mainboard of the Singapore Exchange, G.H.Y Culture & Media Holding Co., Limited ("GHY" or the "Group") is a leading diversified group within Asia's media and entertainment industry. GHY has produced several dramas and films in the People's Republic of China ("PRC"), Singapore and Malaysia that have been broadcasted and/or distributed on major TV networks and leading video streaming platforms in the PRC. The Group has also undertaken the production of concerts for well-known international artistes in Singapore, with upcoming concerts to be held in Singapore, Malaysia and Australia.

GHY has strong in-house production teams, with scriptwriters, directors and producers who have been involved in various notable dramas and films. The production teams have consistently produced quality dramas and films and the Group also possesses expertise and capabilities across the business value chain.

Currently headquartered in Singapore and the PRC with over 170 employees, the Group also engages in concert production, talent management services, and costumes, props and make-up services.

For more information, please visit https://ghyculturemedia.com/

About Curtin University

Curtin University is Western Australia's largest university, with close to 60,000 students. In addition to the University's main campus in Perth, Curtin also has a major regional campus in Kalgoorlie, and a campus in Midland, as well as four global campuses in Malaysia, Singapore, Dubai and Mauritius. Curtin staff and students come from Australia and over 120 other countries around the world, with half its international students studying at Curtin's offshore campuses.

Curtin is ranked between 9th to 18th in Australia according to the Academic Ranking of World Universities (ARWU) 2022 and has achieved a QS Five Stars Plus rating, the highest available for a tertiary institution, and one of only eight to do so in Australia.

The University has built a reputation around innovation and an entrepreneurial spirit, being at the forefront of many high-profile research projects in astronomy, biosciences, economics, mining and information technology. It is also recognised globally for its strong connections with the industry, and for its commitment to preparing students for the jobs of the future.

For further information, visit curtin.edu.au.

This press release should be read in conjunction with the announcement uploaded on SGXNet on 8 December 2022.

DBS Bank Ltd. and UOB Kay Hian Private Limited are the joint issue managers and global coordinators (the "Joint Issue Managers and Global Coordinators") for the initial public offering of shares in, and listing of, G.H.Y Culture & Media Holding Co., Limited on the Main Board of the Singapore Exchange Securities Trading Limited. The Joint Issue Managers and Global Coordinators assume no responsibility for the contents of this announcement.

For media and analysts' queries, please contact: 8PR ASIA Pte Ltd
Alex Tan
T: +65 9451 5252
E: alex.tan@8prasia.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NUNMN and Nulab Technology LTD. Supplements Opening Their Online Store to the Hong Kong Market

HONG KONG, Dec 7, 2022 – (ACN Newswire) – NUNMN, part of Nulab Technology Ltd., is a rapidly-expanding company in Canada that offers 99.5% pure NMN supplements and they are now available in the Hong Kong market. Previously only sold throughout Canada and the US, Nulab Technology LTD has decided to expand its sales and provide NMN supplements to customers in Hong Kong, as an entry point to the Asian market.

During a recent interview, Nulab Technology LTD president Alan M. had this to say: ''Each year, the supplement receives a high volume of new users from all corners of the world. We have had inquiries from Asia, Africa, Europe and South America, Oceania & North America. All our products are authorized by Health Canada as they improve health performance and meet consumer demands. Hong Kong is just part of the second phase of our global expansion plan!"

According to Alan M., NUNMN and Nulab Technology LTD's recent expansion is only the start. They have already initiated market research to gain a foothold in the European and South American markets as well.

Nulab Technology LTD's president said that originally starting in Canada as a health supplement supplier, they have now reached customers all over the world with their global network and website.

Now that they have consistent customers in Canada and that the US market is growing, they have brought the business to a point where expanding makes even more sense. After months of research, testing, and preparation, they are officially opening their online store to the Hong Kong market.

About NUNMN & Nulab Technology LTD

NUNMN is a leading beauty and wellness company with offices in Canada, the US, and soon in Hong Kong. They are committed to redefining wellness and chronological age in terms of biological age.

David Sinclair, Professor of Genetics at Harvard Medical School, discovered that NMN (99.5%) can be widely consumed to improve health and metabolism, and brain function as well as cardiovascular improvement.

The nicotinamide mononucleotide (NMN) molecule is converted into the vital and well-known chemical compound nicotinamide adenine dinucleotide (NAD+). The human body uses NAD+ to fuel a plethora of processes, including DNA damage repair, energy production, and boosting immunity. Therefore, it aids in maintaining high metabolism and keeping overall bodily functions healthy.

Media Contact:
Alan M.
Email: hello@nunmn.com
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Phone: 1(888) 666-6851

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