Minetech Records 32% Increase in Revenue for 2Q

KUALA LUMPUR, Nov 24, 2022 – (ACN Newswire) – Civil engineering specialist and bituminous products manufacturer Minetech Resources Berhad today reported that the Company recorded a 31.9% rise in revenue to RM26.9 million for the second quarter ended 30 September 2022 (2Q FY2023) compared with RM20.4 million in the corresponding quarter of the last financial year (2Q FY2022).

Matt Chin, Executive Director of Minetech

The Company registered a loss before tax (LBT) of RM1.5 million for the quarter under review compared with LBT of RM4.7 million in 2Q FY2022.

On a segmental basis, the civil engineering division recorded a 8.1% rise in revenue to RM16.1 million in 2Q FY2023 compared with RM14.9 million in 2Q FY2022. The manufacturing division, which produces bituminous products for pipe coating, waterproofing and sealing, posted a 166.7% increase in revenue to RM7.2 million compared with RM2.7 million in the same quarter of the previous financial year.

For the first-half of the financial year ended 30 September 2023 (1H FY2023), Minetech registered a 36.9% increase in revenue to RM50.9 million compared with RM37.2 million in 1H FY2022. The Company recorded LBT of RM3.1 million in the period under review compared with RM9.1 million in 1H FY2022.

Matt Chin, Executive Director of Minetech, said, "We continue to see our financial performance improve with narrower losses on higher revenue contribution from the civil engineering division's Selinsing Gold Mine due to increase in work volume as well as from the Cheras-Kajang Highway, Wangsa Brezza Hill and GM Emerald Square."

"We have seen a significant increase in revenue contribution from the manufacturing division mainly due to the rise in sales of coating enamel and blown asphalt products as a result of improved demand from both domestic and overseas markets."

"While economic growth is on a stronger footing based on Malaysia's third-quarter GDP figures, we note the increased risks of a slowdown in 2023 as global uncertainties stemming from the Russia-Ukraine conflict, China's slowdown and inflationary pressure continue to weigh on sentiments. We continue to emphasise various cost-control measures and cash conservation and at the same time exploring opportunities that have seen us venturing into technology and innovation and penetrating into second-tier construction activities. These initiatives have helped us weather the storm and continue to create value for shareholders and other stakeholders."

Minetech Resources Berhad: 7219 [BURSA: MINE], https://minetech.com.my/

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

Southern Score Builders Berhad Completes Regularisation Plan

KUALA LUMPUR, Nov 9, 2022 – (ACN Newswire) – Southern Score Builders Berhad (Bursa: SSB8, 0045), a former Guidance Note 3 (GN3) company, has completed its regularisation plan which involves, amongst others, the acquisition of Southern Score Sdn Bhd (SSSB), a G7 contractor. Following the acquisition, Southern Score Builders will be involved the provision of construction management services mainly for high-rise residential buildings. Shares of the Company also resumed trading after being suspended since December 2020.

Gan Yee Hin, ED and CEO of Southern Score Builders

Led by an experienced and technically strong management team, SSSB adopts construction practices that support the efficiency optimisation of its construction projects. It adopts industrialised building system (IBS) in most of its development and construction projects which is aimed at increasing productivity and improving quality of its projects. Besides that, by leveraging on its asset-light and flexible delivery model, SSSB is able to offer a standardised and cost-efficient building process which enables scalability and flexibility with lower exposure to cyclicality and house prices.

SSSB recorded net profit of RM6.51 million, RM19.20 million and RM35.18 million in the financial years ended 31 December 2019, 2020 and 2021 respectively, and realised net profit margin of 9.7%, 12.9% and 12.3% in the 3 years.

The regularisation plan involved, amongst others, the acquisition of the entire equity interest in SSSB from Super Advantage Property Sdn Bhd for a purchase consideration of RM252.0 million satisfied via the issuance of 1.68 billion consideration shares. Super Advantage, being the vendor of SSSB, has provided cumulative net profit guarantee of RM80.0 million over the three-year period from 2022 to 2024.

Other than the acquisition, the completed regularisation plan also entailed the following:
– consolidation of every ten existing shares in Southern Score Builders into one consolidated share;
– settlement of debt amounting to RM3.1 million to Mr. Chai Tham Poh, an Executive Director of Southern Score Builders, via the issuance of 20.67 million of settlement shares;
– private placement of 543.05 million shares at an issue price of RM0.20 per share to identified investors; and
– exemption under the take-over rules from the obligation to undertake a mandatory take-over offer for the remaining Southern Score Builders shares not already owned by Super Advantage as well as Tan Sri Datuk Seri Gan Yu Chai and Gan Yee Hin ("Exemption").

The completion of the Regularisation Plan will allow the Company to return to a better and stronger financial standing and profitability. Further, the acquisition of SSSB will allow the Company to diversify its business into construction management services whereby the Company is expected to benefit from expected recovery in the construction sector.

The shareholders of Super Advantage are Tan Sri Datuk Seri Gan Yu Chai, the Managing Director of Southern Score Builders, a veteran in the construction and property development industries with more than 30 years' experience as well as Gan Yee Hin, the Executive Director and Chief Executive Officer of Southern Score Builders.

Executive Director and Chief Executive Officer of Southern Score Builders, Gan Yee Hin, said, "We would like to thank Bursa Securities for their guidance and support throughout the progression of regularisation plan. Our thanks also go to Kenanga Investment Bank Berhad, the principal adviser, sponsor and placement agent in relation to the regularisation plan and to Malacca Securities Sdn Bhd, the independent adviser for the Exemption. We would also like to acknowledge the work of the other professionals who worked diligently to ensure the successful completion of the regularisation plan."

"As a listed entity, Southern Score Builders will be able to further expand our construction services while leveraging on our expertise and business network. We are also intensifying our venture in IBS production through the construction of a manufacturing plant as we see demand growing from the construction sector."

About Southern Score Builders Berhad (formerly known as G Neptune Berhad)

Southern Score Builders is principally involved in the provision of construction management services mainly in Kuala Lumpur. The scope of Southern Score Builders' construction services involves the provision of professional project management services from project initiation until the completion of construction works. These services encompass project initiation, planning and design, appointment of subcontractors, procurement; construction project management as well as inspection and completion handover. To-date, via SSSB, Southern Score Builders has completed several projects including, amongst others, the PR1MA Jalan Jubilee project. SSSB is a CIDB Grade 7 contractor. https://southernscore.com.my/

Image Caption for Picture 1
https://www.acnnewswire.com/topimg/Low_SouthernScore202211109.jpg
From L-R:
Mr. Cheah Hannon, Independent Non-Executive Director of G Neptune Berhad
Ms. Yvonne Phe Kheng Peng, Independent Non-Executive Director of Southern Score Builders Berhad
Mr. Chai Tham Poh, Executive Director of G Neptune Berhad
Tan Sri Datuk Seri Gan Yu Chai, Managing Director of Southern Score Builders Berhad
Mr. Gan Yee Hin, Executive Director and Chief Executive Officer of Southern Score Builders Berhad
Datuk Sydney Lim Tau Chin, Executive Director of Southern Score Builders Berhad
Dato' Haji Mohd Amran Bin Wahid, Non-Independent Non-Executive Chairman of G Neptune Berhad
Ms. Amy Too Siew Mooi, Independent Non-Executive Director of Southern Score Builders Berhad

Image Caption for Picture 2
https://www.acnnewswire.com/topimg/Low_SouthernScore2022111092.jpg
From L-R:
Mr. Cheah Hannon, Independent Non-Executive Director of G Neptune Berhad
Dato' Haji Mohd Amran Bin Wahid, Non-Independent Non-Executive Chairman of G Neptune Berhad
Datuk Sydney Lim Tau Chin, Executive Director of Southern Score Builders Berhad
Tan Sri Datuk Seri Gan Yu Chai, Managing Director of Southern Score Builders Berhad
Mr. Gan Yee Hin, Executive Director and Chief Executive Officer of Southern Score Builders Berhad
Mr. Chai Tham Poh, Executive Director of G Neptune Berhad
Ms. Yvonne Phe Kheng Peng, Independent Non-Executive Director of Southern Score Builders Berhad
Ms. Amy Too Siew Mooi, Independent Non-Executive Director of Southern Score Builders Berhad

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

JE Cleantech Holdings Limited Announces Receipt of NASDAQ Notification Regarding Minimum Bid Price Deficiency

SINGAPORE, Nov 4, 2022 – (ACN Newswire) – JE Cleantech Holdings Limited (Nasdaq: JCSE), a manufacturer of a broad range of cleaning systems, announced that on November 3, 2022, it received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the "Nasdaq Notification"). The Notification stated that the Company's ordinary shares failed to maintain a minimum bid price of $1.00 over the last 30 consecutive business days as required by Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). Receipt of the Nasdaq Notification does not result in the immediate delisting of the Company's ordinary shares and has no immediate effect on the listing or the trading of the Company's ordinary shares on the Nasdaq Capital Market under the symbol "JCSE".

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days from the date of the Nasdaq Notification, or until May 2, 2023, to regain compliance with the Minimum Bid Requirement. If at any time before May 2, 2023 the closing bid of the Company's ordinary shares is at least $1.00 for a minimum of 10 consecutive business days, the Company will be deemed to have regained compliance with the Minimum Bid Requirement following which Nasdaq will provide a written confirmation of compliance and the matter will be closed.

In the event that the Company does not regain compliance by May 2, 2023, the Company may be eligible for additional time to qualify. To qualify for additional time, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market with the exception of the bid price requirement.

In the event that the Company does not regain compliance with the Minimum Bid Price Requirement by May 2, 2023 and is ineligible for an additional grace period, Nasdaq will provide further written notice that the Company's ordinary shares are subject to delisting from The Nasdaq Capital Market. In that event, the Company may appeal the determination to a Nasdaq hearings panel or consider transferring the listing and trading of its ordinary shares to the OTCQX of the OTC Markets.

The Company intends to monitor the closing bid price of its ordinary shares. Receipt of the Nasdaq Notification has no effect on the Company's business operations.

"We are cognizant of the value to our shareholders of the listing of our shares on Nasdaq given the liquidity and pricing efficiency that the exchange provides. We pledge our best efforts towards improved performance which we believe will allow to meet the continued listing standards," stated Ms. Bee Yin Hong, CEO and Founder of JE Cleantech.

About JE Cleantech Holdings Limited

JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the company designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications primarily to customers in Singapore and Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic rinses with a wide range of frequencies, high pressure drying technology, high flow rate spray, and deionized water rinses, which are designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also has provided centralized dishwashing services, through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.

JE Cleantech Contact:
enquiry@cleantech.sg

Corporate Communications
Address
3 Woodlands Sector 1
Singapore 738361
Telephone
+65 6368 4198

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. JE Cleantech's actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, JE Cleantech's expectations with respect to future performance and anticipated potential financial impacts.

These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside JE Cleantech's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) dependence on our customer groups' needs and relationship with them; (2) the inability to obtain or maintain the listing of JE Cleantech Holdings Limited's ordinary shares on Nasdaq; (3) the ability of JE Cleantech to continue grow its business operations, manage growth profitably, retain its key employees and timing of meeting expected business milestones; (4) changes in applicable laws or regulations; (5) the possibility that JE Cleantech may be adversely affected by other economic, business and/or competitive factors; and (6) other risks and uncertainties identified, including those under "Risk Factors," contained in the filings with the SEC. The foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. JE Cleantech cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. JE Cleantech does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.

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

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

SCIB Unveils Sample IBS House Built with 3D Technology

KUCHING, MALAYSIA, Oct 4, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad's (SCIB), wholly-owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), today unveiled a sample house built using a 3D printing system from COBOD International A/S, a Copenhagen, Denmark-based 3D construction specialist.

Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman

The sample house, located on the premises of the Construction Industry Development Board's (CIDB) Kuching campus, was built in collaboration with Akademi Binaan Malaysia (Sarawak) Sdn Bhd (ABM), an assessment and training centre of the CIDB in Sarawak catering to the development and skills enhancement of the state's construction industry. SIBS is principally involved in the supply and installation of IBS components as well as owns the 3D-printing machinery that produces IBS components.

On hand to witness the unveiling of the sample house was the State Assistant Minister of Urban Planning, Land Administration and Environment, YB Datu Len Talif Salleh, accompanied by Group Managing Director and Chief Executive Officer of SCIB, Rosland bin Othman and, CEO of CIDB, Datuk Ir. Ahmad 'Asri bin Abdul Hamid.

Tuan Haji Abdul Hadi bin Datuk Abdul Kadir, Director of SCIB, said, "The 3D printing system was acquired as part of our innovation initiatives and to explore the possibilities of deploying this technology in the domestic construction industry. The construction of the IBS sample house using 3D technology has given us invaluable knowledge and experience that will help to facilitate the development of training programmes that we hope to offer to workers in the construction industry who want to enhance their skills and knowledge."

SCIB also signed a Memorandum of Understanding (MoU) with ABM on 3 October 2022 in conjunction with the CIDB and CIDB Technologies Sarawak chapter graduation ceremony for students. Both parties agreed under the MoU to explore and identify training and assessment for IBS-related programmes and courses as well as share information, technical knowledge and professional experiences leading to the establishment of training courses and modules in IBS that can add value and improve the standards, skills and understanding of construction workers, especially in Sarawak.

Group MD and CEO of SCIB, Rosland, said, "We are happy to work with ABM in developing programmes that will enhance the skills and knowledge of the construction industry. The deployment of technology such as 3D printing comes at a time when businesses are being scrutinised for the impact of their operations on the environment and society. Businesses have a central role to play in society and a key part of it is to operate responsibly."

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

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

SKYX Secures 10-Year Roof Rights for Signage on One of The Tallest Buildings in Miami

MIAMI, FL, Sep 29, 2022 – (ACN Newswire) – SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that it secured a 10-year roof right lease for signage on one of the tallest buildings in downtown Miami, across the street from the Miami Heat FTX Arena and Biscayne Bay.

The new building is located on 400 Biscayne Blvd (US-1) and will include office space, residential as well as a high-end modern hotel. The downtown Miami area is both a U.S. and international hub for world leading companies – with the SKYX rooftop signage expected to be seen by tens of millions, including on TV shows and on Miami skyline imagery.

As part of the lease, SKYX has also secured a high-end, state of the art, high ceiling office space with 360-degree views and expects to open its U.S. and international sales offices, as well as its corporate headquarters, in the new location in 2023. As part of the agreement, the Company can start paying rent in January 2024. In addition, the Landlord will provide the Company with an improvement allowance of up to $2.25 million, which may be used for the construction of the Premises, including the reasonable cost of design, space planning, consultants, and construction drawings. The Company intends to use part of the office space and to sublease the remainder to minimize expenses.

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "Securing a long-term lease for SKYX signage and offices in the heart of downtown Miami provides an incredible level of brand awareness for SKYX. As reported, FTX paid $135 million to secure a long-term lease for naming of our next-door neighbor's building, the Miami Heat Arena, now called FTX arena – and that speaks for itself.

"As we position ourselves to embark on our commercialization journey, this provides a significant foundation for our company on many levels. I look forward to moving into this exciting new space and elevating our public profile through continued operational execution, with the objective of creating sustainable, long-term value for our shareholders," concluded Kohen.

To view images of the new office location, click here: https://skyplug.com/pr7/

To learn more about SKYX's technology, access the explainer video link here: SkyXPlug.com/video

About SKYX Platforms Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the standard.

SKYX Platforms Corp. (NASDAQ: SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with over 60 U.S. and global patents and patent pending applications. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com or follow us on LinkedIn.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Our estimates of the addressable market for our products may prove to be incorrect. The projected demand for our products could materially differ from actual demand. Forward-looking statements speak only as of the date they are made and include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company's efforts and ability to drive the adoption of Sky's Plug Smart Platforms into multi-family residential buildings and communities and adoption by hotels, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

For the terms of the lease, see the Company's current report on Form 8-K filed with the Securities and Exchange Commission on September 29, 2022. Under the terms of the lease, the Company does not expect to pay any rent for the first fourteen months of the lease, taking into account a six month build out period (which may be extended for up to four months), and four additional months of rent abatement after the rent commencement date. The Company may extend the build out period for four one month periods, provided that for each one month extension exercised, the annual base rent will increase by $1.00 per square foot. The signage is subject to obtaining necessary permits. The images included in this press release are for demonstration purposes only and are not necessarily representative of any signage expected to be installed.

Investor Relations Contact:
Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us

SOURCE: SKYX Platforms Corp. dba Sky Technologies

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

BPipe Corporation, a Joint Venture Partner of Biopipe Global USA, enters into Agreement with Major Global Food Company to Install 10 m3/day Biopipe Biological Sewage Wastewater Treatment Plant

MANILA, Sep 27, 2022 – (ACN Newswire) – BPipe Corporation, an equity joint venture partner of Biopipe Global USA, enters into an agreement with a major global food company to install a 10 m3/day Biopipe biological sewage wastewater treatment plant.

BPipe Corporation is focused on innovative, scalable and disruptive decentralized wastewater treatment and reuse technologies. Its flagship system is the Biopipe STP, which is a highly scalable onsite sludge, odor and chemical free sewage wastewater treatment technology. BPipe is an equity joint venture partner established in the Philippines to pursue both sewage and industrial wastewater treatment opportunities for technologies within our portfolio.

According to Mr. Freddie Canta, President of BPipe, "In addition to the sludge free, odor free, and chemical free features of Biopipe technology, the customizable design and flexibility to fit in small spaces were the deciding factors that led to this partnership with BPipe. We are happy that this client will promote environmentally sustainable practices by recycling treated wastewater through our Biopipe system."

"Biopipe continues to see strong market interest in the Philippines as customers look to long-term, eco-friendly solutions for a more resilient future," says Ms. Nina Aquino, CMO of Biopipe Global Corp. "We look forward to continuing our support of the country's dedication to cleaner waters and safe sanitation practices."

About Biopipe Global Corp

Biopipe Global Corp is a wholly owned subsidiary of Lifequest World Corp (OTC Markets: LQWC). Lifequest offers both effluent treatment (ETP) and sewage treatment (STP) solutions. Biopipe has developed a patented 100% sludge-free, chemical-free, odor-free, silent, easy to assemble and install, scalable, low cost, ecological and virtually maintenance-free onsite sewage wastewater treatment system. Our Abrimix ETP solution is a highly efficient and cost-effective industrial wastewater treatment system that is vastly superior to Dissolved Air Floatation (DAF) systems. See www.lifequestcorp.com and www.biopipe.co or contact: info@biopipe.co.

About BPipe Corporation

BPipe Corporation, a Philippine subsidiary of Biopipe Global Corp, is engaged in sales, marketing, distribution, installation, and maintenance of Biopipe STP, Abrimix ETP, Glanris Media and Goslyn FOG and other technologies through its global partnerships.

Philippines Contact
Name: Mr. Freddie Canta
Email: freddie@biopipe.co
Phone: +63 9171393642

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

Southern Score Honours Badminton World Champions, Aaron and Wooi Yik with RM100,000 Incentive

KUALA LUMPUR, Sep 24, 2022 – (ACN Newswire) – Southern Score Builders Berhad is pleased to present an incentive of RM100,000 to Malaysia's top men's doubles pair Aaron Chia and Soh Wooi Yik, who won Malaysia's first gold at the 2022 World Badminton Championships in Tokyo last month.

Soh Wooi Yik, Gan Yee Hin and Chia Teng Fong [L-R]

Ian Wong Jien Sern, Gan Yee Hin, Dato Jack Koh [L-R]

Aaron and Wooi Yik were presented with mock cheques by Executive Director and Chief Executive Officer of Southern Score, Gan Yee Hin, at a ceremony today honouring their outstanding achievements. On hand to welcome them were guests and staff of Southern Score.

Gan Yee Hin said, "We are here to celebrate the outstanding achievement of Aaron and Wooi Yik by presenting a token of appreciation for winning the world title for Malaysia. Thank you for the dedication and hard work, they are excellent and truly deserve the rewards. We believe this world title is just the beginning of their badminton journey. We hope this little token of our gratitude will further motivate them for greater achievements and bring glory to the country in the world arena."

"We hope that our gesture incentive will inspire others to assist a new generation of players who have the courage to pursue the sport as their career."

"At the same time, we are contributing RM200,000 to Petaling Badminton Club (PBC), the club from which our world champions were nurtured before they joined the national team. We hope that the contribution provides some support as they nurture talents to represent the country. PBC has had a history of producing several of the country's well-known players such as Chen Tang Jie, Cheam June Wei, Man Wei Chong and Goh V Shem."

Aaron and Wooi Yik thanked Southern Score for the incentive and said, "We are honoured to have represented Malaysia at the World Badminton Championships and would like to thank Southern Score and all Malaysians for their support."

"Support such as this incentive from Southern Score means a lot to us and motivates us as we prepare ourselves mentally and physically to win more accolades for Malaysia on the world stage, including our goal of making it to the 2024 Olympic Games."

Southern Score is a certified CIDB Grade 7 builder of homes for the community and a future for the nation. The Company is always closely tied into the local community and remains active in community involvement programmes such as education, sport, environment and society.

Southern Score: https://southernscore.com.my/

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

Agilis Robotics Targeting its Pre-B Round Fund-raising to be Completed by 2022

HONG KONG, Sep 22, 2022 – (ACN Newswire) – Agilis Robotics Limited ("Agilis Robotics" or the "Company"), the creator of the first surgical robotic instruments in Hong Kong to target endoscopic submucosal dissection (ESD) and en bloc resection of bladder tumour (ERBT) procedures, has announced its fund-raising status, as well as its latest technological achievements.

Agilis Robotics' A Round fund-raising has been completed in 2022, with the Pre-B Round, which involves fund raising for respective applications with the Food and Drug Administration (FDA) and National Medical Products Administration (NMPA) set to commence. Such efforts will go towards improving the marketisation efficiency of the Company's products in the Mainland China. The Pre-B Round fund raising activity is projected to conclude by the end of 2022, with a fund-raising target set at US$5 million. It is worth noting that Agilis Robotics' has targeted its market value to meet the basic application requirement as stipulated in Chapter 18A pertaining to the listing of biotech companies on the Main Board of the Hong Kong Stock Exchange by 2025.

In the area of robotics, Agilis Robotics has made further progress in the areas of specification, compatibility and AI. On the specifications front, its long, flexible and miniature robotic arms – with five degrees of freedom, have enhanced tissue traction and instrument triangulation. Since the robotic arms also include a variety of end effectors, they can complete a wide range of intricate tasks. What is more, seamless compatibility is realised as each robotic arm is less than 2.8 mm in diameter, hence they can directly channel through or alongside conventional endoscopes that are currently used in clinical practice. In terms of surgeon usability, improvements have been made to the surgeon console, which is both compact and mobile, thus allowing for its placement within close proximity to the patient. Furthermore, with free-floating pen controllers, seamless transition from endoscope controls can be achieved. Mindful of the benefits and importance of AI-driven guidance and training, Agilis Robotics has set performance benchmarks to enhance user training and flatten the learning curve. This includes training on such topics as monocular depth estimation and instrument segmentation for conventional endoscopes.

It is worth noting that Agilis Robotics successfully completed in vivo testing, which involved the artificial bladder tumour resection in June 2022. The extremely narrow diameter of the robotic arms allowed their compatibility with traditional urology telescopes and sheaths, and the arms were able to clamp and cut tumour tissue. Most importantly, the entire tumour was successfully removed. The Company is now targeting its first-in-man (FIM) trial/test in 2024.

Agilis Robotics has maintained progress on the back of successive achievements, spanning concept development to successful patent application(s); cadaveric testing for machine prototyping; and most recently, completion of in vivo testing which will lead to FIM trials. Despite the long development journey and high financial and technological demands, Agilis Robotics has consistently met its objectives.

As the first and only company in Hong Kong to develop robotic instruments that target the ESD and ERBT segments, Agilis Robotics is well positioned to assist the medical community as demand for such procedures continue to rise. Already, manual procedures of the targeted market (gastrointestinal and bladder) in China in 2019 are 6 million per annum[1] and global bladder cancer cases in 2020 are 573 thousand[2]. Projected cases suitable for robotics ESD and ERBT procedures number 5.5 million and 690 thousand, respectively, around the world each year. With the worldwide promotion of early colorectal cancer screening, the number of ESD procedures is increasing rapidly by 18.6% annually[3]. Possessing the unique, small diameter flexible surgical robotic instruments that are compatible with both flexible and rigid endoscopes, the Company is in an advantageous position to address the unmet clinical demand for interventional endoscopy, and just as importantly, deliver benefits to patients in terms of shorter procedure time and lower rate of recurrence.

Kwok Ka-Wai, Ph.D. (Imp London), Co-Founder of Agilis Robotics said, "Under the watchful eye of a professional management team comprising experts in robotics, clinical trials and finance, with thorough understanding and experience in R&D, clinical workflows and fund management, we will be able to address different facets of surgical device development. This same team will also ensure that Agilis Robotics fully capitalises on burgeoning market segments and maintain its growth trajectory."

Jason Y K Chan, Residency at Johns Hopkins Medicine (DABOto), Co-Founder of Agilis Robotics said, "With the increasing widespread uptake of endoscopy procedures, in particular colorectal screening, there is a rapidly increasing unmet need to address and minimally invasively remove lesions identified. In the bladder, there is a significant unmet need to perform en bloc resections to reduce recurrence of bladder cancer. Agilis matches these needs and enhances the surgeon's ease and comfort in performing these procedures, aiming to improve patient care, reduce hospital length of stay and need for more invasive procedures.

About Agilis Robotics Limited

Agilis Robotics is a start-up company that develops highly miniaturised and flexible robotic instruments for endoluminal surgery. The robotic system is able to seamlessly integrate into current clinical workflows and drastically reduce the learning curve associated with endoscopic surgery. Ultimately, Agilis Robotics' goal is to provide clinicians with the next-generation of minimally invasive instruments so more patients can receive effective and efficient early stage care. www.agilisrobotics.com

About Co-Founders of Agilis Robotics Limited

Dr. Ka-Wai Kwok obtained the Ph.D. degree from the Hamlyn Centre for Robotic Surgery, Department of Computing, Imperial College London. He was awarded the Croucher Foundation Fellowship, which supported his research jointly supervised by advisors in The University of Georgia, and Brigham and Women's Hospital, Harvard Medical School. Dr. Kwok has co-authored over 135 peer-viewed articles and is the principal investigator of group for Interventional Robotic and Imaging Systems (IRIS) at The University of Hong Kong (HKU) with over 5 inventions licensed. Dr. Kwok was awarded the Early Career Awards 2015/16 offered by Research Grants Council (RGC) of Hong Kong, IROS Toshio Fukuda Young Professional Award in 2020, HKU 2019-2020 Outstanding Young Researcher Award and HKU Young Innovator Award 2020.

Dr. Jason Chan graduated from Guy's, King's and St Thomas' School of Medicine in London, followed by specialist training in Otolaryngology, Head and Neck surgery at the Johns Hopkins Medical Institutions with advanced training in Head and Neck surgery, microvascular reconstruction and robotics. He is currently an Associate Professor in the Department of Otorhinolaryngology, Head and Neck Surgery at The Chinese University of Hong Kong with research interests the application of robotics in Head and Neck Surgery having recently led the Transoral Robotic Surgery component of the world's first application of the da Vinci SP in Transoral head and neck surgery.

[1] http://pdf.dfcfw.com/pdf/H3_AP202009231416538913_1.pdf
[2] GLOBALCAN 2020, International Agency for Research on Cancer
[3] http://pdf.dfcfw.com/pdf/H3_AP202009231416538913_1.pdf

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Sarawak Consolidated Industries Berhad Appoints Directors

KUCHING, MALAYSIA, Sep 15, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) is pleased to announce the redesignation of Mr. Ku Chong Hong as Executive Director and the appointments of En. Mohd. Shakir bin Shahimi and En. Nuraiman Shaiful bin Annuar as Independent Non-Executive Directors (INED), effective today.

Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman

Mr. Ku Chong Hong

En. Mohd. Shakir bin Shahimi

En. Nuraiman Shaiful bin Annuar

Mr. Ku, who was appointed to the board of directors on 17 March 2022 as an INED, has experience in audit and assurance, and business advisory-related fields through various local and international companies involved in a range of industries from property and construction to software.

En. Mohd. Shakir will replace Ku as chairman and member of the audit committee. A chartered accountant, he graduated with a degree in accountancy from Universiti Utara Malaysia and is a member of the Malaysian Institute of Accountants. He was an auditor with Arthur Andersen & Co and has experience auditing public-listed and privately-held companies. He is currently an audit manager with Khairuddin Hasyudeen & Razi. He is also an INED with Bintai Kinden Corporation Berhad, where he is chairman of the nomination, remuneration and risk management committees as well as member of the audit committee.

En. Nuraiman has attended the International Bachelor of Business Administration Programme from Hult International Business School, London United Kingdom in year 2017. He has experience in the oil and gas as well as construction fields. He holds directorships in Hipro Technologies Ltd and Petro Flanges and Fittings Sdn Bhd.

Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said, "We welcome En. Mohd Shakir and En. Nuraiman aboard and look forward to their guidance and advice. Their experience and knowledge will be a good addition to the board while enhancing our governance decision-making structure. We would also like to congratulate Mr. Ku in his redesignation as Executive Director. His insights and knowledge will be invaluable in helping us grow the Company."

About Sarawak Consolidated Industries Berhad

Sarawak Consolidated Industries Berhad (SCIB) was founded in 1975 and has evolved from a small enterprise into a reputable Group of companies listed on the Main Market of Bursa Malaysia Securities Berhad. Currently, SCIB is operating three factories in Kuching, Sarawak, one factory in the Pending Industrial Estate and two factories in the Demak Laut industrial park.

SCIB is well known for professional management and has long history of innovative ideas and technological advances. Coupled with its wealth of experience and research acquired in more than three decades, SCIB offers its clients in-depth expertise through a combination of technology, efficiency and speed. For more information, visit scib.com.my.

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

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