HKTDC and Microsoft join forces to launch the “Go Beyond Your Limits” initiative targeted at local SMEs and next-gen talent

HONG KONG, Oct 27, 2022 – (ACN Newswire) – The Hong Kong Trade Development Council (HKTDC) and Microsoft Hong Kong today announced a new partnership to jointly launch the "Go Beyond Your Limits" Programme to help small and medium-sized enterprises (SMEs) and foster next-generation talent in Hong Kong by leveraging best-in-class technology, practical learning and various support measures. The programme aims to achieve two key goals. First, it will help Hong Kong's SMEs take tangible steps to pursue their digital transformation and seize new market opportunities under the new normal. Second, it will provide a series of learning opportunities for tertiary students in Hong Kong, helping to enhance their business-related digital skills and knowledge.

Yvonne So, Director, HKTDC Corporate Communications & Marketing; Dr Patrick Lau, HKTDC Deputy Executive Director; Cally Chan, General Manager of Microsoft Hong Kong and Macau; Fred Sheu, National Technology Officer, Microsoft Hong Kong [L-R]

Dr Patrick Lau, HKTDC Deputy Executive Director, said: "Our Transformation Sandbox (T-box) has helped more than 2,400 Hong Kong enterprises over the past two-plus years to realise different business transformation goals. Some of the most commonly seen goals relate to digitalization, which is undoubtedly a powerful tool for companies to reshape their business, enhance their competitiveness and drive innovation. The HKTDC is delighted to partner with leading global technology company Microsoft Hong Kong to jointly launch the 'Go Beyond Your Limits' Programme. By integrating teaching, consulting and practical knowledge sharing, we aim to help SMEs in T-box to make good use of digital tools, and to equip tertiary students joining the HKTDC Trade Ambassador Programme (TAP) to become the digital economy talents of tomorrow's Hong Kong."

Cally Chan, General Manager of Microsoft Hong Kong and Macau, said: "Microsoft Hong Kong is committed to empowering local SMEs to accelerate digital transformation and uplift businesses across Hong Kong. Through a holistic approach that encompasses Microsoft's technologies such as Microsoft 365 and Dynamics 365 (ERP), one-to-one diagnosis and advising on funding applications for SMEs, we hope to empower them to do more with less and assist them to identify new market opportunities. For decades, we have focused on upskilling next-gen talent, digital empowerment and making the best technology available to enable SMEs to thrive and scale their business. We're excited to be a part of the HKTDC's 'Go Beyond Your Limits' Programme in conjunction with T-box and TAP and we look forward to creating synergies that can inspire more local businesses and support talent development across different sectors in Hong Kong."

Dr Lau added: "The HKTDC's work is always in line with the policy direction of the Hong Kong Special Administrative Region Government. Policies to facilitate the development of the local technology industry and enlarge the I&T talent pool in Hong Kong were highlighted in the Policy Address 2022 released by the Chief Executive last week. Accordingly, the HKTDC will put further emphasis on helping Hong Kong enterprises and young people to thrive in the digital economy. We already do this through our conferences and exhibitions, business support and promotional activities infused with various technology elements, and this new partnership with Microsoft Hong Kong is a timely way to further reinforce our commitment."

"Go Beyond Your Limits" Programme aims to achieve two key goals:

1. Promoting SME digitalisation to increase operational efficiency

Riding on the HKTDC Transformation Sandbox (T-box) programme, and with invaluable support from Microsoft, the "Go Beyond Your Limits" Programme will offer support to more than 2,400 participating enterprises with the Mobile Office Portfolio, free one-to-one enterprise diagnosis and professional training courses to enhance their competitiveness. The programme will provide targeted solutions and follow-up support according to each enterprise's specific stage of development and business needs. The programme will also help SMEs identify and apply for suitable funding schemes to expedite their business development goals. Highlights of the "Go Beyond Your Limits" Programme include:

i. Mobile Office Portfolio plus special offers for T-box members

The Mobile Office Portfolio offers Microsoft 365 and Cloud PC solutions with a high-speed 5G network that allows businesses to unlock seamless hybrid work capabilities. T-box members can enjoy two months' rebate with a one-year subscription to Microsoft 365 for Business.

ii. Free one-to-one enterprise diagnosis and workshops

Microsoft will provide participating T-box members with free one-to-one enterprise management diagnosis that can help them formulate a suitable digital transformation strategy. There are also free workshops on Dynamics 365 ERP to help SMEs strengthen and streamline their operations flow and management.

iii. Assistance with funding applications

Microsoft will assist SMEs to identify and apply for suitable funding schemes and financial assistance so that they can accelerate implementation and expedite their business transformation goals.

During the pandemic, remote working, automated business and production procedures and e-commerce became the new normal across enterprises of all sizes. As businesses continue their transformation journey, companies across all sectors of the Hong Kong economy will continue to look for new market opportunities with innovation and technologies. And as market and consumer demands continue to shift, enterprises will need to make the best use of new technologies to ensure effective allocation of resources and business processes, maximise operational efficiency and realise cost savings. This will help them capitalise on this new wave of innovation and adopt technologies to meet customer needs and expand into new markets.

2. Committed to nurturing young talents

The HKTDC Trade Ambassador Programme (TAP) was launched to help the younger generation equip themselves for future entrepreneurship, career development, as well as broaden their business horizons. In collaboration with tertiary institutions in Hong Kong, the full-year programme will consist of opportunities to participate in the numerous activities and initiatives organised by the HKTDC so that they can gain a more in-depth understanding and perspective of trade and commerce both within Hong Kong and internationally.

Another important role for Microsoft Hong Kong is to provide next-gen talent with cross-disciplinary learning and practical opportunities to develop a pool of IT specialists that can support the future development of Hong Kong. Microsoft will equip 1,200 TAP students with future-ready IT skills through expert talks, Microsoft Learn online courses, instructor-led tutorials and free examinations on Microsoft Fundamentals, a series of industry-recognised certifications for IT generalists to gain knowledge on digital transformation and to validate their skills relating to the cloud, data, artificial intelligence (AI) and cybersecurity standards and compliance. Students will also be entitled to free US$100 Azure Credits via the Azure for Students programme to enjoy free services on the Azure Portal and to have a hands-on trial of Azure cloud solutions, including but not limited to building their own apps, exploring AI, and working with big data sets.

"Go Beyond Your Limits" Programme website: https://home.hktdc.com/en/s/microsoft
Photo download: https://bit.ly/3SLhA9b

About T-box

In order to assist SMEs to explore opportunities and realised their business transformation, the HKTDC Transformation Sandbox ("T-box") support programme aims to help SMEs enhance their business competitiveness and achieve upgrading and transformation goals in the areas of branding, e-commerce, manufacturing and supply chain as well as access to new markets. Dedicated T-box staff work with enterprises to identify their goals and provide support over a three-month period, with group and individualised advisory services covering workshops, government-funding information, market knowledge and networking opportunities. The programme has been well received since its launch, with more than 2,400 Hong Kong companies participating and over 600 free consultations provided by professional organisations, chambers of commerce representatives, business partners and HKTDC overseas offices. Website: https://smesupport.hktdc.com/en/s/tbox

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
Please contact the HKTDC's Communications & Public Affairs Department:
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org

Microsoft Hong Kong Communications Department:
Bobo Wong, Tel: +852 5614 9998, Email: bobo.wong@microsoft.com

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

HKTDC Chairman in the UK to promote new opportunities through Hong Kong

HONG KONG, Oct 27, 2022 – (ACN Newswire) – With many UK businesses looking for new areas of growth, Hong Kong's role as a global financial hub and innovation centre is seen as an ideal platform to help them expand, according to Dr Peter KN Lam, Chairman of the Hong Kong Trade Development Council (HKTDC) who is speaking from his UK visit as the Council's latest initiative to promote business opportunities around the globe.

HKTDC Chairman Dr Peter KN Lam (2nd L) and Executive Director Margaret Fong (far L) were earlier in London to promote Hong Kong's strength. The picture shows the meeting with Lord Stephen Green of Hurstpierpoint, Chairman, Asia House (2nd R)

As Hong Kong continues to welcome more international travellers in the coming months with major events and attractions, Dr Lam and Margaret Fong, Executive Director of HKTDC, have been travelling to some key international markets to update overseas businesses on how Hong Kong can help.

Following a visit to Japan in early October, they are currently in the UK to promote new prospects for UK companies and to discuss how they can use Hong Kong as a springboard. Earlier this week, they met with a range of institutions and chambers including Asia House, Hong Kong Association in the UK, the China-Britain Business Council, China Chamber of Commerce in the UK (CCCUK), techUK and UK Sustainable Investment and Finance Association (UKSIF) as well as leading players in finance and healthcare such as Prudential Plc and GlaxoSmithKline.

Dr Lam said, "Many businesses in the UK are ready to explore new areas of growth and see Hong Kong's role as a global financial hub being an ideal springboard for them to expand. In fact, Hong Kong as part of the [Guangdong-Hong Kong-Macao] Greater Bay Area (GBA) is more than just a trade and investment hub, we are also a centre for technology, innovation and the creative sectors."

Dr Lam described the discussion as fruitful and insightful. "I am greatly encouraged to see the keen interest from the UK business community in Hong Kong and the GBA. As Hong Kong relaxes its pandemic-related travel arrangements and UK businesses are drawing new blueprints for their future, we look forward to welcoming British delegations to see for themselves the tremendous prospects awaiting them."

Dr Lam said that many UK companies were reassured that the 'One Country, Two Systems' principle, along with the application of common law in Hong Kong, have been reaffirmed by President Xi Jinping in his speech this July when the city celebrated its 25th anniversary as a special administrative region.

To further strengthen Hong Kong's ties with the UK, the HKTDC will be holding a business webinar "Dialogue with the Chief Executive of the HKSAR" on 2 November 2022 featuring Hong Kong's Chief Executive John Lee in dialogue with Peter Burnett, immediate past Chairman of the British Chamber of Commerce in Hong Kong. (click here for more information https://info.hktdc.com/dm/CP2358693/index-hkt-gmt_en.html ).

"We cordially invite UK business partners looking for opportunities to join this exciting event to find out more," Dr Lam added.

Photo Download: https://bit.ly/3gGwMqY

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
Please contact the 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 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass (Nasdaq: SOPA)/Thoughtful Media Group Collaborates With Magnite to Develop Retail Media Network in Southeast Asia

SINGAPORE, Oct 27, 2022 – (ACN Newswire) – Thoughtful Media Group Inc ("Thoughtful Media Group" or "TMG"), the Thailand-based, digital advertising arm of Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), Southeast Asia's ("SEA") leading data-driven loyalty and e-commerce ecosystem, today announced a collaboration with Magnite Inc, (NASDAQ: MGNI) ("Magnite"), the world's largest independent omnichannel sell-side advertising platform. Magnite serves as the first sell-side platform connected to the TMG Media Network, a premium omni-channel cross-platform advertising solution for international and regional brand advertisers.

The TMG Media Network offers brand advertisers exposure to consumers in Vietnam, Indonesia, Philippines, Singapore, and Thailand, including the more than 3.3 million registered consumers on SoPa's ecosystem. The network features premium inventory spanning its owned channels and the wider web, including display, mobile, video, social and digital out-of-home when fully deployed. For brand advertisers, the TMG Media Network offers an unprecedented combination of scale and personalized media, targeting SEA markets and their combined 650 million population.

Magnite enables programmatic activation and expands demand facilitation for TMG Media Network across its omnichannel inventory. Advertisers and publishers are then able to activate data from TMG Media Network through Magnite, unlocking new opportunities to reach audiences at scale across ad formats for brands.

Dennis Nguyen, TMG Chairman, explains, "We are excited to launch the TMG Media Network, which provides advertisers access to influencer content creation, highly targeted 1st party e-commerce data, and social commerce opportunities at scale. As a leading retail marketing solution in SEA, the TMG Media Network incorporates a multi-faceted, data-driven approach to audience reach, engagement, and conversion, which provides for a more impactful brand and consumer experience. And as data-driven social commerce becomes increasingly pervasive, TMG is well-positioned to power the region's first media and advertising network with an end-to-end content, data, and supply solutions."

Gavin Buxton, Managing Director, Asia at Magnite, stated, "We are excited to work with one of Southeast Asia's most innovative brands and platforms to drive meaningful growth through game-changing content, data, and technology. Activating SoPa's expansive and growing audience data to scale impactful, multi-channel experiences shapes the way consumers engage and interact with brands."

About Thoughtful Media Group Inc

Founded in 2010 and acquired by Society Pass Inc in 2022, Thoughtful Media Group Inc is a Bangkok-headquartered social commerce-focused, premium digital video Multi-Platform Network ("MPN")/social media influencer advertising platform servicing the SEA countries of Vietnam, Indonesia, Philippines, Singapore and Thailand.

About Society Pass Inc

Founded in 2018 as a digitally-focused loyalty and data marketing ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines. For more information, please check out: http://thesocietypass.com/.

About Magnite, Inc

We're Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising platform. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world's leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.

Cautionary Note Concerning Forward-Looking Statements

This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media contact
PRecious Communications for SoPa
sopa@preciouscomms.com

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

Malaysian Genomics Signs Strategic Collaboration Agreement for Expansion in the UAE

United Arab Emirates (UAE), Oct 26, 2022 – (ACN Newswire) – Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, today announced the signing of a Strategic Collaboration Agreement (SCA) outlining partnerships to market and distribute the Group's Dtect(R) range of genetic screening services in the United Arab Emirates (UAE).

Consul General of Malaysian Consulate in Dubai Mohd Fadly Amri Aliaman; ED of Malaysian Genomics Azri Azerai; Co-Founder/Director of Wellness by Design Dr. Lama Al Naeli; Chairman of ASC, BALSAM and Wellness by Design Dr Hisham Hakim; CEO of Balsam Health Services Abdulkader Awad; CEO of IAC Nurul Faten Jasmee; Director of ASC Kair Hakim and Secretary General of Malaysian Business Council Izwan Adnan [L-R]

Director of ASC Kair Hakim; ED of Malaysian Genomics Azri Azerai; Consul General of Malaysian Consulate in Dubai Mohd Fadly Amri Aliaman; Chairman of ASC, BALSAM and Wellness by Design Dr Hisham Hakim; CEO of Balsam Health Services Abdulkader Awad, and CEO of IAC Nurul Faten Jasmee [L-R]

Other than Malaysian Genomics, the SCA involves American Spine Center (ASC), a Dubai, UAE-based specialist in spinal injury and spine pathology; BALSAM Health Services, a Dubai, UAE-based healthcare service provider; Wellness by Design FZ LLC, a Dubai, UAE-based nutrition, obesity and weight loss specialist, and Sharjah, UAE-based IAC International LLC.

Under the SCA, Malaysian Genomics, ASC, Balsam and Wellness by Design will explore common strategies for joint or allied projects that translate to innovative healthcare tools or solutions, while the role of IAC is to support activities in priority areas, aligning the parties and work with other organisations, where appropriate. IAC will also be the point of contact between Malaysian Genomics and ASC, Balsam and Wellness by Design.

Noor Azri bin Dato' Sri Noor Azerai, Executive Director of Malaysian Genomics, said, "The SCA will allow us to formally explore how the parties can work together, including technical trials and evaluation of our Dtect screening tests for commercialisation in the UAE. Malaysian Genomics' role will be to provide technical and scientific support under the SCA. In addition, we constantly look for opportunities to partner with like-minded businesses and organisations in expanding our market reach for Dtect and our other services."

Dr. Hisham Hakim, Chairman of ASC, BALSAM and Wellness by Design, said, "We welcome this first step in a working relationship with Malaysian Genomics and IAC, and look forward to the inclusion of Dtect to offer more choices to our patients. We are committed to clinical and technological excellence as we bring coordinated patient care with compassion and commitment while ensuring cost efficiency."

Ms. Nurul Faten Jasmee, CEO of IAC, said, "There are lots of opportunities for the expansion of genetic screening services in the UAE and the wider Middle East and North Africa (MENA) region. We will provide the coordination, business delivery and project management between the parties during the technical trials for Dtect in the UAE, followed by the commercial rollout and expansion throughout the MENA region."

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

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

Yew Lee Proposes Bonus Warrants and ESOS

IPOH, Malaysia, Oct 25, 2022 – (ACN Newswire) – Yew Lee Pacific Group Berhad (Bursa: YEWLEE, 0248), an established manufacturer principally involved in the manufacturing of industrial brushes as well as trading of industrial hardware and machinery parts, today proposed to undertake a bonus issue of warrants and the establishment of an employees' share option scheme (ESOS) to reward existing shareholders as well as recognise contribution of eligible employees.

Mr. Ang Lee Leong, Managing Director of Yew Lee

The proposed bonus issue of warrants will involve 1 warrant for every 2 existing ordinary shares in Yew Lee held by the entitled shareholders or the issuance of 266,217,800 warrants based on the total issued share capital of Yew Lee of RM67,530,363 comprising 532,435,600 ordinary shares as at the latest practicable date (LPD) of 3 October 2022.

The proposed ESOS to be issued will not exceed 30.0% of the total number of issued shares for eligible employees and directors of Yew Lee and its subsidiaries.

Mr. Ang Lee Leong, Managing Director of Yew Lee, said, "We want to reward existing shareholders for their support by enabling them to participate in warrants that come at no cost to them, and which are tradeable on the ACE Market of Bursa Securities Malaysia Berhad. It also allows them to increase their equity participation in the Company's shares at a pre-determined exercise price over the tenure of the warrants and, benefit from any potential capital appreciation of the warrants."

"The proposed ESOS is to recognise the contribution of eligible employees and at the same time, is part of the Company's plan to develop and expand our human capital. The ESOS will allow us to align the long-term interests of eligible employees with those of shareholders to help achieve Yew Lee's business objectives."

M&A Securities and Eco Asia Capital Advisory Sdn Bhd have been appointed as the principal adviser and financial adviser, respectively to the Company in relation to the proposals, which are expected to be completed by the first quarter of 2023.

Yew Lee Pacific Group Bhd: 0248 [BURSA: YEWLEE], https://yewlee.com.my/

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

Ni Hsin Obtains VTA Approval for Electric Vehicle Bikes

KUALA LUMPUR, Oct 25, 2022 – (ACN Newswire) – Ni Hsin EV Tech Sdn Bhd, a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad (Bursa: NIHSIN, 7215), today received the Vehicle Type Approvals (VTA) from Jabatan Pengangkutan Jalan Malaysia under the Malaysia Road Transport Act 1987 for two models of its EBIXON Electric Vehicle Bikes (EBIXON EV Bikes) in the personal and commercial categories namely, the TAILG BOLD and TAILG TORQ respectively.

Khoo Chee Kong, Managing Director of NH EV TECH

NH EV TECH had on 23 March 2022 entered into an Original Equipment Manufacturing Agreement (OEM Agreement) with Dongguan Tailing Motor Vehicle Co., Ltd. (TAILG) for the manufacture of EV Bikes or EV Motorcycles as commonly known in Malaysia.

Under the OEM Agreement, TAILG will manufacture the EV Bikes and deliver components, spare parts and software while NH EV TECH will assemble and test as well as run quality control and commission the EV Bikes in Malaysia.

TAILG, established in China in 2004, specializes in R&D, manufacturing, sales and service of new energy electric vehicles. Its products cover electric bike, electric scooter, electric special bike, electric tricycle and other vehicles. TAILG, which ranks top 3 in China, is recognised as a "Partner of UN Environment E-mobility Programme" and has 7,000 exclusive shops all around the world. TAILG also set the Guinness World Records for the greatest distance by electric scooter, single charge in October of 2020.

The International Trade and Industry Ministry (MITI) had, on 17 March 2022, issued the Manufacturing Licence to NH EV TECH to act as Licenced Manufacturer to carry out 'Manufacture and Assembly of Electric Vehicle Bike' activity at 47, Jalan Taming Dua, Taman Taming Jaya, 43300 Seri Kembangan, Selangor Darul Ehsan as from 29 October 2021 in pursuance of the Industrial Co-ordination Act 1975 (ACT 156).

Khoo Chee Kong, Managing Director of NH EV TECH, said: "With the VTA approvals, NH EV TECH will commence Completely Knocked Down (CKD) assembly of its EBIXON EV Bikes in NOVEMBER 2022 and thereafter we will launch the EBIXON EV Bikes in the Malaysian market."

"The venture into the e-mobility business is in line with the Group's commitment on ESG. The Ni Hsin EV Bikes are the first fully adapted EV Bikes for the domestic personal and commercial market and will create a new standard in clean transport across the country and beyond."

"The focus of the new design is to deliver class-leading carrying capacity, range and top speed in order to encourage mass adoption of zero-emission transport across Malaysia, all while simultaneously avoiding the need for additional infrastructure."

"This is an EV bike tailored for different commercial use-cases such as carrying passengers or cargo with safety at the forefront. It is truly a testament to our commitment to offering world-class EV technology in the ASEAN region."

"Our EBIXON EV Bike models feature a dual swappable battery system offering a combined range of up to 200 km (112 mi). The batteries can be plugged into a home outlet to charge or be swapped at designated battery stations. Additionally, the battery power can be replenished at a public charger."

"Through extensive research and development initiatives in collaboration with TAILG, EBIXON EV Bikes are designed and developed to reach "near cost parity" with internal combustion engine (ICE) motorcycles in the Malaysian market, but at a running cost that's up to 70% lower. EBIXON EV Bikes are designed to suit the Malaysian and regional climate, road conditions and ridership styles while ensuring quality, performance, comfort, handling efficiency and lastly, affordability."

"NH EV TECH is currently working with large commercial motorcycle distribution channels and battery swapping station owners across Malaysia and ASEAN, including financiers for its customers and large commercial fleets," Khoo added.

"We are targeting to sell 50,000 units of EBIXON EV Bikes in Malaysia and ASEAN in the next three years. Demand for EV Bikes in the region is expected to see explosive growth over the next three to 10 years, surpassing Europe and East Asia. This growth is supported by the region's e-commerce market, which is valued at US$2.53 billion in 2022 and is expected to have a compound average growth rate of 20.6% over the five-year period to 2027 according to International Trade Administration data. We will work with local partners in the various countries for the assembly and distribution of EBIXON EV Bikes."

Ni Hsin Group Berhad: NIHSIN [Bursa: 7215] [RIC: NHSN:KL] [BB: NHR:MK], http://www.ni-hsin.com/

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

ONERHT partners Democratic Republic of Congo for sustainable economic development and growth

SINGAPORE, Oct 25, 2022 – (ACN Newswire) – Sustainability consultancy RHT Green and strategic advisory firm RHT Consulting Asia have entered into a Memorandum of Understanding (MOU) with the Ministry of Environment and Sustainable Development of the Democratic Republic of Congo (DRC) to support the implementation of multisectoral sustainable development projects in the central African country.

H.E. Deputy Prime Minister for the Environment and Sustainable Development, Democratic Republic of Congo (centre), during her visit to ONERHT's office in Singapore

RHTLaw Asia and RHT Group of Companies, which includes RHT Green and RHT Consulting Asia (collectively "ONERHT"), welcomed the delegation of Her Excellency Eve Bazaiba, Deputy Prime Minister for the Environment and Sustainable Development of the DRC on her maiden visit to Asia.

Hosted by ONERHT, Her Excellency was briefed on Singapore's approach to sustainable development and exchanged ideas for sustainable development and green growth in the DRC.

The MOU marks the culmination of discussions between the parties on sustainable value creation strategies and efforts to design effective environmental policies for the DRC's sustainable economic development and growth.

As appointed partners of the Democratic Republic of the Congo, RHT Green and RHT Consulting Asia will support the Ministry of Environment and Sustainable Development by advising on planning, policies, regulations, and solutions to address the DRC's challenges across economic development, free trade and environmental protection.

Mr Wee Boon Siong, Chief Executive Officer of RHT Green, said, "We are happy to work together with the DRC government on environment and sustainability. The DRC has a huge rainforest, the 2nd largest in the world, next to the Amazon, and it is an important carbon sink for our planet. It also has large mineral reserves which are the necessary components of many renewable industries. Cobalt, copper, nickel, lithium and rare earth elements (REEs) are all essential for producing electric vehicle batteries, harnessing solar power, wind energy, and other applications to reduce the reliance of consumers and industries on fossil fuels. These are important factors to take into account for planning and policies."

The MOU also focuses on examining the DRC's policies and regulations, establishing a free trade zone, and exploring sustainability technology solutions. It reflects potential synergies between Singapore's track record in balancing finance, economic and sustainability solutions, and the resource-rich DRC, offering more opportunities for future collaboration and partnerships.

Mr Victor Tay, Group Chief Executive Officer of RHT Consulting Asia said, "Singapore's economic development experience spanning close to 60 years since its Independence is a case study on how countries must find an economic strategy that aligns with their competitive advantage in the global economic environment. Along the way, Singapore had to address the challenges while adapting to trends in the global economic environment, evolving from a transhipment hub to become a manufacturing gateway to Asia, globalised financial hub, and now a Fintech hub while balancing emphasis on ESG (Environmental, Sustainability and Governance)."

Mr Tay added, "We will share Singapore's economic development experience and the institutionalised knowledge of the last six decades with the DRC, taking into account its competitive advantages as well as the challenges unique to it."

About ONERHT

The ONERHT Universe is an integrated multidisciplinary platform of professional services. Collaborating as ONE, we seek to be a beacon of growth for our clients, stakeholders and communities, empowering them to achieve purposeful growth in Asia and beyond. RHTLaw Asia LLP is a Singapore law practice registered as a limited liability law partnership in Singapore. A leading full-service firm with industry focus, it has presence in 16 jurisdictions through the ASEAN Plus Group. In delivering innovative legal and commercial solutions, it collaborates with ONERHT through entities which are not affiliates, branches or subsidiaries of RHTLaw Asia LLP. For more information, please visit www.onerht.com

Issued on behalf of ONERHT
By Waterbrooks Consultants https://www.waterbrooks.com.sg/

For media enquiries, please contact:
Elliot Siow
+65 8375 0417
elliot@waterbrooks.com.sg

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

SCIB Announces Changes at Board Level

KUCHING, MALAYSIA, Oct 25, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (Bursa: SCIB, 9237) today announced Encik Shamsul Anuar bin Ahamad Ibrahim be redesignated as Independent Non-Executive Chairman with immediate effect.

Encik Shamsul Anuar bin Ahamad Ibrahim, SCIB's new Independent Non-Executive Chairman

Encik Shamsul Anuar said, "I am delighted on the redesignation and I look forward to working even more closely with the team in our journey to transform SCIB to a better, stronger and more sustainable business through our expansion to Peninsular Malaysia and more recently, our exploration into projects in neighbouring Kalimantan, Indonesia."

"We welcome Encik Shamsul Anuar as our new Chairman and look forward to working with him to grow SCIB. His experience in state-owned enterprises will be invaluable to us," Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said.

Encik Shamsul Anuar, a fellow of the Association of Chartered Certified Accountants and member of the Malaysian Institute of Accountants, was first appointed to the board of the Company on 1 September 2015. He is a member of SCIB's Audit Committee and Remuneration & Nomination Committee as well as Chairman of the Risk Management Committee.

He is currently the Group Corporate Affairs General Manager of Permodalan ASSAR Sdn. Bhd., the holding company of Amanah Saham Sarawak Bhd, a state-owned investment company with a portfolio of investments in financial services, agriculture and resource-based, property development and construction, services and technology, manufacturing, trading and others. He also sits on the BOD of Transnational Insurance Brokers Sdn. Bhd.

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

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NFA promotes healthy eating to reduce food waste

Malang, East Java, Indonesia, Oct 25, 2022 – (ACN Newswire) – The National Food Agency (NFA) has started a campaign to promote eating healthy and delicious food by providing recommendations for the composition of foods on the plate in order to reduce waste.

Head of the National Food Agency (NFA), Arief Prasetyo (ANTARA/HO-NFA)

NFA Head Arief Prasetyo said on Sunday that the campaign aimed to reduce food waste from the farm to the table, was initiated as part of Gelar Pangan Nusantara to mark the 42nd World Food Day.

The campaign is encouraging people to fill one-third of their plates with staple foods (not necessarily rice), one-third with vegetables, one-sixth with side dishes, and one-sixth with fruits.

"Such composition is suitable to meet the standard of expected food pattern as well as energy sufficiency," he explained.

The campaign is also advising people to eat at least one egg every day to increase their nutritional intake and reduce the prevalence of stunting in children, considering that eggs are nutrient-rich and affordable.

As part of this year's Gelar Pangan Nusantara, people and stakeholders related to food have been invited to jointly help achieve food security as a pillar for upholding state sovereignty.

"Through this event, we want to make World Food Day a momentum to recharge our spirit in building and strengthening national food," Prasetyo said.

The event comprises a number of activities such as a series of educational events and several competitions to encourage creativity as well as to entertain – all of which contain messages and campaigns about strengthening food security.

Meanwhile, to ensure that the food security program runs well, Prasetyo has invited stakeholders from the upstream to downstream, along with the pentahelix sector, consisting of academics, businesses, government, community, and the media to continue to strengthen collaboration.

The recent Gelar Pangan Nusantara event held at Brawijaya University in Malang, for example, was a part of efforts to strengthen cooperation between the NFA and the academic sector.

"The NFA as an institution that carries out government duties in the food sector, of course, cannot run alone," Prasetyo said.

As a concrete collaboration, the NFA and Brawijaya University have signed a memorandum of understanding (MoU) on education, research, and community service in the food sector.

They have also signed a cooperation agreement on synergizing education, research, and community services to improve community nutrition through the diversification of consumption of diverse, balanced, and safe foods.

"The cooperation made during World Food Day is in line with the instruction of Indonesian President Joko Widodo, who is very serious about dealing with food problems. The President has ordered not only to solve macro and micro problems but also to strengthen collaboration," Prasetyo added.

Meanwhile, deputy governor of East Java, Emil Elestianto Dardak, said that Gelar Pangan Nusantara is an event that seeks to strengthen the spirit of supporting food security programs.

"Through today's event, let's invigorate the spirit, supporting the National Food Agency program to make local food more secure from both supply and demand (side)," he said in his speech.

According to Emil, the NFA in the future will aim to maintain a balance, not only by preventing prices from rising but also keeping them from falling.

The rector of Brawijaya University, Widodo, welcomed the Gelar Pangan Nusantara event, which was held on the campus from October 22-23, 2022, saying the university is ready to support the national food security program through the development of innovation and technology.

The event featured several activities including a food expo, food and nutrition symposium, talk show, local food creation cafe festival, cooking demo, business matching, coaching clinic, poster contest, as well a drawing competition for elementary and junior high school students.

Written by: Abdul Hakim, Yashinta Difa, Editor: Fardah Assegaf (c) ANTARA 2022
Source article: https://en.antaranews.com/news/256453/nfa-promotes-healthy-eating-to-reduce-food-waste

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Helping to Grow the Work from Cafe Culture in Balestier

SINGAPORE, Oct 25, 2022 – (ACN Newswire) – A newly-established co-working space with food and beverage (F&B) options is aiming to enhance and build on a work from cafe culture in the heart of Balestier, while allowing for hybrid working and interacting with communities within the vicinity.

Located at 355, Balestier Road, Thank You Come Again (TYCA) is a social hub with a cafe and restaurant, and also presents a flexible workspace for residents around the area who have been craving for a comfortable location to call their own as they continue with remote working several days a week. Apart from just providing them a location to get work done, which also includes private work pods for conference calls and livestreaming, TYCA will also curate different kinds of experiences for patrons of the venue, which was officially opened on 22 October.

TYCA, a lifestyle brand created by Cover Projects, which also started the Initial Residence – a service residence at the same location – will also offer F&B options ranging from breakfast all the way to dinner which is a mixture of Mediterranean and contemporary cooking.

TYCA's grab and go provides convenience for people on go. A seasonal menu will be based on classics such as specialty coffee, hot pressed sandwiches, fresh salads and ready to eat pastas and pastries. TYCA will also serve out garden to table dining offerings in partnership with plant stylists The Nature Dialogue and The Initial Residence where a variety of edibles such as kale and basil are grown at the Initial Residence's terrace garden will be used in the preparation of certain dishes at TYCA.

"TYCA's presence at the Initial Residence aims to serve the wider community in Balestier, in addition to the residents who have started calling the serviced residence home. It is a social hub, a food and beverage outlet, a retail and events space all rolled into one," said Mr Lim Keong Wee, managing director of Cover Projects.

"The idea of combining TYCA and The Initial Residence is to create an integrated experience of live, work and play so that patrons can get their work done while experiencing the comfort of living in the city fringes."

The official opening of Initial Residence and TYCA comes at a time when studies are showing that more young Singaporeans, compared with older age groups, are considering renting and flat sharing as they find current property prices too high, according to a consumer sentiment study released by real estate portal PropertyGuru in September.

"The statistics are indicating that there is a demand for comfortable co-living spaces with amenities to boot, and we are aiming to plug that gap with the introduction of Initial Residence and TYCA in the city fringes," added Lim, who also runs an design practice.

Among the fringe activities featured on TYCA's official opening day included a plant-styling workshop by Nature Dialogue, Sake Tasting Experience by Tsunan Brewery and Coffee Workshop by Liberty Coffee. A multi-functional space for individuals, group discussions and learnings will also provided added value for patrons and guests at the facility.

"In time, there will be more fringe activities which we will introduce to TYCA which will benefit patrons, and these will include physical and mental wellness programmes and also a hub for cyclists who ply through the Balestier route," added Mr Lim.

TYCA will also offer an event hall for organisations keen to use the space for corporate or group events. All enquiries can be forwarded to reservations@tyca.com.sg. Follow TYCA on Instagram @tyca_sg and on Facebook @Th4nk.Y0u.C0me.Ag4in.

For media queries, please contact hello@swstrategies.org.

About Thank You Come Again

TYCA is a Singapore-born food and beverage and co-working space outlet in Singapore which serves up contemporary cuisines at affordable prices for working adults. TYCA provides a convenient location along the city fringes for residents of the area and nearby communities to use as location for remote working, and is housed below The Initial Residence. TYCA also aims to curate social experiences such as group dining, plant styling courses and wellness activities for patrons, bringing work and play closer to neighbourhoods.

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