Q&M 1H2023 Core Healthcare Revenue stays resilient as the Group focuses on organic growth plans

SINGAPORE, Aug 15, 2023 – (ACN Newswire) – Mainboard-listed Q&M Dental Group (Singapore) Limited ("Q&M", the "Company", and together with its subsidiaries, the "Group") today reported total revenue of S$87.1 million, and profit after tax attributable to parent of S$5.3 million for the first half ended 30 June 2023 ("1H2023"). The Group's earnings before interest, tax, depreciation, amortisation ("EBITDA") for 1H2023 was S$18.5 million.

Core Healthcare Business revenue decreased marginally from S$83.7 million for 1H2022 to S$83.3 million for 1H2023, mainly due to higher revenue contribution from Singapore dental clinics offset by lower revenue contribution from Singapore medical clinics and the impact of the weakening Malaysian Ringgit for the Group's operations in Malaysia. The Group's other business segment ie medical laboratory were impacted by lower demand for Covid-19 testing.

Dr Ng Chin Siau, Group Chief Executive Officer of Q&M, said, "The continual resilience of Q&M's Core Healthcare Business is well appreciated by investors and reflects the Group's well-established foundations. Further, we will focus on organic growth following significant expansion of our dental clinic network across Singapore and Malaysia in 2022. We will continue to invest in technology and implement strategies that will enable us to further optimise productivity across our clinic network."

Recently, Q&M launched its dedicated mobile App on both the Apple Appstore and Google Play. With just the click of a few buttons, a patient can select their preferred date, time and clinic location to make appointments to see the dentist. Q&M's patients can receive timely reminders before the appointment dates and view past and future appointments, reschedule or cancel appointments anytime, as well as manage their digital receipts through the App. Additionally, results of x-rays taken are uploaded into the App for quick reference. The patient will receive a 6-monthly reminder notification when it is time for them to attend their dental check-up, so as to ensure their dental and oral conditions are closely monitored.

Looking ahead

Q&M Group has devised a holistic strategy to foster sustainable growth focusing on organic growth by leveraging on our brand and expertise and capitalising on opportunities to expand our services and reach.

We are working hard to build a strong platform upon which our future growth can be firmly established based on the following 5 thrusts:

1. Building Strong Foundations- strengthening the basics

Our cluster management system is being enhanced with dentists and dental assistants working even more closely together with area managers to optimise both human and physical resource allocation throughout the network.

2. Improving efficiency – reducing costs and wastage

Our Group is mindful of keeping costs low and using central purchasing as much as possible to reduce wastage and ensure more just-in-time ordering so that we can also reduce storage costs correspondingly.

3. Medical Laboratory

Post-pandemic, the Group's medical laboratory business, Acumen Diagnostic will continue to develop its range of tests and solutions to maximise its intellectual property and research capabilities for various medical purposes. These include the tests for sepsis, identification of bacteria pathogens and their associated antimicrobial resistance in hospitalised pneumonia.

4. Expanding our brand- locally and overseas

Beyond Singapore, the Group continues to explore good opportunities to develop a new sustainable growth pillar through organic growth and further expansion of its dental business in Southeast Asia growing private dental healthcare market. We are also exploring the expansion of the Q&M brand and knowhow beyond our current borders. As a premium dental group with a strong reputation for high-quality products and services, we are working towards exporting our expertise regionally and beyond in a deliberate and decisive manner.

Commitment to our Community

Anchored in the Company's philosophy, Q&M Free Dental Clinic Limited, a registered charity under the Commission of Charities, opened its first free dental clinic on 10 July 2023 in Chai Chee, to provide essential dental treatment for the underprivileged individuals and families in need.

This press release is read in conjunction with Q&M's 1H2023 results release on SGXNET.

For more information, please read the attached SGXNET announcement and media release.

https://links.sgx.com/1.0.0/corporate-announcements/N9238L5A9JUG97NG/ca70061aa798c196bcb9132653f9e01c12ad35d1d3327823f3a120d1949a5e95

[1] Core Healthcare Business excludes contributions from the Group?s medical laboratory and expenses incurred on the development of the Group?s digital Artificial Intelligence (AI) guided clinical decision support system as well as rental rebates received from the Singapore Government.

About Q&M Dental Group (Singapore) Limited (QC7.SI)

Q&M Dental Group (Singapore) Limited (QC7.SI) ("Q&M" or together with its subsidiaries, the "Group") is a leading private dental healthcare group in Asia.

The Group owns the largest network of private dental outlets in Singapore, operating 108 dental outlets across the country. Underpinned by about 270 experienced dentists and over 350 supporting staff, the Group sees an average of 40,000 patient visits a month in Singapore. The Group also operates 5 medical clinics and a dental supplies and equipment distribution company.

Outside of Singapore, the Group has 44 dental clinics and a dental supplies and equipment distribution company in Malaysia, as well as a dental clinic in the People's Republic of China ("PRC"). Q&M is also the substantial shareholder of Aoxin Q&M Dental Group Limited, a dental Group listed on the Catalist board of the Singapore Exchange that operates dental clinics and hospitals primarily in the north-eastern region of the PRC. The Group aims to expand its operations geographically and vertically through the value chain in Malaysia, the PRC and within the ASEAN region.

The Q&M College of Dentistry was established in 2019 to offer postgraduate dental education as part of its commitment to continual education and professional development of dentists. It offers Singapore's first private postgraduate diploma programme in clinical dentistry.

In 2020, the Group expanded into the medical laboratories and research industry with the strategic investment into Acumen Diagnostics Pte. Ltd. ("Acumen"). Currently, Acumen focuses on developing its range of medical research, tests and solutions to secure viable patents and to achieve successful commercialisation of the medical products in the near future.

The Group was listed on the Mainboard of the Singapore Exchange Securities Trading Limited ("SGX- ST") on 26 November 2009.

For more information on the Group, please visit www.QandMDental.com.sg

For more information, please contact:
Waterbrooks Consultants Pte Ltd
Wayne Koo: wayne.koo@waterbrooks.com.sg, +65 9338-8166
Derek Yeo: derek@waterbrooks.com.sg, +65 9791-4707
General: query@waterbrooks.com.sg, +65 9690-4959

Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/

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

“Think Business, Think Hong Kong” coming to Paris

HONG KONG, Aug 14, 2023 – (ACN Newswire) – The Hong Kong Trade Development Council (HKTDC) will take its mega promotion campaign, Think Business, Think Hong Kong, to Paris on 19 September. The full-day symposium, set to take place at Carrousel du Louvre Paris, will bring together business leaders from Hong Kong and France to discuss the latest developments and opportunities in Asia's new economy and across diverse sectors, including green finance, sustainability, innovation and technology, and more.

As the HKTDC's first large-scale promotion event in Europe after the pandemic, it is expected to attract more than 1,000 participants to explore business cooperation and opportunities.

The HKTDC's Think Business, Think Hong Kong campaign aims to showcase Hong Kong as a resilient business and investment hub and the ideal platform for global businesses to tap opportunities in the thriving Guangdong-Hong Kong-Macao Greater Bay Area (GBA), and wider China and Asia markets.

At the event, Dr Peter K N Lam, HKTDC Chairman, Mr Paul Chan, Financial Secretary of the HKSAR and Mr Olivier Becht, France's Minister for Foreign Trade, Economic Attractiveness and French Nationals Abroad will deliver remarks at the symposium's opening session.

A number of high profile speakers will share their insights, including Mr Arnault Castel, Founder of kapok; Mr Dennis Chan, Founder and Creative Director of Qeelin; Mr Jose Maurellet, SC, Vice Chairman of the Hong Kong Bar Association and Des Voeux Chambers; and Mr Wilfred Yiu, Co-Chief Operating Officer & Head of Equities of Hong Kong Exchanges and Clearing Limited.

The event will feature thematic sessions on hot topics in business today, including on green finance, opportunities in innovation in Asia and business opportunities in the GBA, and how French companies can capture opportunities through Hong Kong.

There will be extended networking activities, with Hong Kong government officials and business leaders from across sectors, including technology, finance and professional services, taking part in the programme. One-on-one business consultations, on-site business matching with French companies as well as the Hong Kong Dinner provide many opportunities for the business communities of France and Hong Kong to connect.

Strong France-Hong Kong ties

France is an important trading and investment partner of Hong Kong. In 2021, it was Hong Kong's third largest trading partner, export market and import market in the EU. France was also the largest EU investor in Hong Kong at the end of 2020, while Hong Kong was the fourth most popular destination for French investment in Asia. Hong Kong investors also made substantial investments in France, with the city the second largest Asian investor in the country. As of 2022, there are more than 360 French companies in Hong Kong.

Hong Kong an ideal business partner

Hong Kong has been consistently ranked top on economic freedom and competitiveness. Its institutional strengths, including the free trade and investment regimes, a simple and low tax system and free flow of capital and goods offer a favourable business environment for investors.

Beyond trade and finance, Hong Kong offers exciting prospects in innovation and technology (I&T) for French start-ups. Entry into or expansion in Mainland China as well as conducting joint research can help French enterprises further grow their business. With its aim to create an I&T new hub of 30,000 hectares, Hong Kong's Northern Metropolis project also offers many opportunities, which will be highlighted at the symposium.

Hong Kong's strategic location as an international financial, fundraising and investment hub and as the international gateway between Mainland China and the rest of the world presents immense opportunities for French companies seeking to expand in the GBA, Mainland China, Belt and Road countries and ASEAN.

For more information, visit:
https://thinkbusinessthinkhk.com/2023-paris/symposium/en/index.html

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
HKTDC's Communication & Public Affairs Department:
Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.org
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

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

Cloud Security Remediation Leader Dazz Extends Partnership With Amazon Web Services

PALO ALTO, CA, Aug 11, 2023 – (ACN Newswire) – Dazz, the global leader in cloud security remediation, announced today that it was selected to join Amazon Web Services' Independent Software Vendors Accelerator program for its seamless integration with AWS, enabling customers to quickly adopt and scale cloud computing while improving the process of discovering, reducing, and fixing security issues. The ISV Accelerate program helps independent software vendors (ISVs) like Dazz accelerate their growth and success in the cloud computing market through close collaboration with the AWS Sales team. The new partnership builds on the existing relationship between Dazz and AWS, which includes the Dazz Remediation Cloud being available for purchase in the AWS Marketplace, as well as Dazz's recognition as an APN Global Startup.

Dazz empowers businesses to embrace modern development and a rapid shift to the cloud-including greater utilization of containers and adoption of serverless architectures-all with complete code-to-cloud visibility of their environments.

It's a challenge that daunts many enterprises in doing business online: cyberattacks can happen in minutes, but discovering and fixing cloud application vulnerabilities and misconfigurations can take weeks. Dazz enables cloud security and engineering teams to quickly take action by automatically prioritizing critical issues, reducing alert noise, and fixing issues at root causes all in a developer-friendly workflow. Through Dazz, AWS customers will be able to significantly reduce the mean-time it takes to remediate security risks, as well as gain full pipeline visibility into the cloud infrastructure and software development life cycle.

"When customers deploy on AWS, they are able to scale development rapidly," said Merav Bahat, Dazz's co-founder and CEO. "Security teams need a way to keep up and scale their visibility into potential gaps or vulnerabilities across all code, containers, and infrastructure. We are proud to extend our partnership with AWS and empower security and engineering teams to collaborate more efficiently on fixing critical issues, so more time can be spent on building, innovating, and accelerating the business."

About Dazz

Dazz accelerates cloud remediation for security and engineering teams. The Dazz Remediation Cloud maps your code-to-cloud pipelines, reduces your security alerts to their key root causes, and remediates issues right in the developer's workflow. With Dazz, you gain full pipeline visibility, cut through alert noise, increase the value of existing tools, and shrink your risk window by reducing time to remediate. Visit us at dazz.io and follow us on Twitter at @dazz_io and LinkedIn at dazz-io.

Contact Information
Tamar Harel
Head of US Office, STLV
tamar@shalomtelaviv.com
+972508879311

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

HKTDC Food Expo kicks off next week with inaugural Food Expo PRO

HONG KONG, Aug 8, 2023 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the much-anticipated HKTDC Food Expo, HKTDC Beauty & Wellness Expo, and HKTDC Home Delights Expo will run from 17 to 21 August at the Hong Kong Convention and Exhibition Centre (HKCEC). The inaugural Food Expo PRO will be staged with the returning Hong Kong International Tea Fair at the same venue from 17 to 19 August. At the five events will be more than 1,700 exhibitors, providing a one-stop sourcing and shopping platform for trade buyers and the public to enjoy global cuisines and lifestyle products.

Sophia Chong, HKTDC Deputy Executive Director, announced the full programme and key highlights of this month's events at today's press conference.

The Food Expo brings you the best of the world's cuisines, with a wide range of speciality food and beverages, including the Isey Skyr, the unqiue Icelandic yoghurt, 100% handmade and original tinned cakes, frozen cocktail ice lollies from the Netherlands and made-in-Hong Kong black truffle gelato.

Ticketing partner AlipayHK and Alipay representative, Keith Cheung (L), Head of Marketing, AlipayHK, meets Sophia Chong (R), Deputy Executive Director of the HKTDC at the press conference.

In addition, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised by the Modernized Chinese Medicine International Association (MCMIA) together with the HKTDC and eight scientific research institutions, will be held at the same venue on 17 and 18 August to offer the latest industry information and promote the development of Chinese medicine.

Introducing highlights of the August's events at a press conference today, Sophia Chong, HKTDC Deputy Executive Director, said: "This year's Food Expo marks our first large-scale public food exhibition with tasting opportunities since the pandemic restrictions were lifted. We have renamed the former Food Expo Trade Hall as Food Expo PRO this year to serve the needs of the catering industry. Coinciding with several exhibitions and the International Conference of the Modernization of Chinese Medicine and Health Products, these events will provide an excellent platform for both industry professionals and the public to explore and learn about diverse gourmet cuisines, beauty and fitness products, healthcare information, and trendy homeware. Boosted by the positive influence of the Consumption Voucher Scheme, we anticipate welcoming large crowds to the events."

Food Expo PRO – Showcasing a vast array of the latest and specialised product trends (17-19 August)

This year, the Food Expo's Trade Hall is renamed as Food Expo PRO. The first two days will be open to trade buyers, while the last day (19 August) will be open to public and trade buyers. The Food Expo PRO will showcase food and beverage products from 20 countries and regions, with 21 pavilions from Indonesia, Japan, Korea, Mexico, Poland, Thailand, and from Mainland China's provinces including Fujian, Heilongjiang, Hunan, Jilin, Sichuan, Zhejiang, and more.

Exhibitors from all over the world will showcase various food, service, and technology that reflect the latest product trends, such as Korea's flavoured pickled seafood, Singapore's traditional coffee with unsweetened oat milk, Poland's smooth and mild fruit-flavoured vodka, and essence of mushroom (Yun-zhi) product from the Chinese Medicine and Health Food zone.

On top of diverse exhibits, the fair also provides more specialised and comprehensive information.

The new Food Science and Technology Zone will showcase innovative food processing technologies, such as peanut protein-based and alternative plant-based chicken products developed by food tech start-ups, and non-alcoholic beers developed by local academic institutions. Two of Food Tech Symposium sessions will be held during the fair, with the Hong Kong Productivity Council, the Controlled Environment Hydroponic Research and Development Centre and the Technological and Higher Education Institute of Hong Kong discussing the development of emerging technologies in the food industry in Hong Kong, and food technology start-ups sharing how technology is reshaping the F&B and retail industries.

Hong Kong International Tea Fair: Promoting world famous teas and facilitating cultural exchange (17-19 August)

Hong Kong International Tea Fair will be open to trade buyers on the first two days of the fair, and to trade buyers and the public on the last day (19 August). There will be 10 pavilions, including the first-time participation of Kenya Pavilion, and returning exhibitors from Sri Lanka, and Mainland China's Fujian, Guizhou, Hunan, and Jiangsu provinces, showcasing famous teas, tea products and tea wares. Highlighted products include the modern version of Chaoshan Gongfu Tea, enriched and concentrated milk tea, and Japanese handcrafted Tetsubins (cast iron kettles), amongst others.

The Hong Kong International Tea Fair Tea Competition 2023 will be held with awards such as "The Best Aroma Award" and "The Best Taste Award", selected by professional tea judges in a blind tasting. Attendees will be able to sample the winning teas free of charge on the morning of 19 August.

The two trade fairs will continue to be held under the hybrid exhibition model EXHIBITION+, allowing global food and tea buyers to view exhibitors recommended by artificial intelligence (AI), and to arrange and conduct online meetings with exhibitors through Click2Match, a smart business matching platform, from 10 to 26 August, in addition to the physical trade fairs. For the first time, the Food Expo PRO and Hong Kong International Tea Fair will pilot Scan2Match, which is designed to help buyers connect with exhibitors seamlessly from offline to online.

Food Expo – A culinary voyage around the world (17-21 August)

The 33rd edition of the Food Expo presents the Public Hall and Gourmet Zone, that will showcase global cuisines and dining options from around the world, will be open to the public for five consecutive days from 17 to 21 August 2023. The Gourmet Zone will feature nearly 100 exhibitors showcasing the finest cuisines from Asia, Europe and the United States, with desserts, organic greens and fine coffees from all over the world, making it a must-attend event for those who are in appetite for the finest cuisines.

This year, the newly introduced Wine Whisky Wonderland zone brings fine wines from all over the world, and there will be a special K-Food zone for food lovers to keep abreast of Korean culinary trends and culture.

The Public Hall will feature various exhibitors, including more than 30 well-known brands, such as Maxims, Tai Pan, Nissin, Sau Tao, Tao Ti, Kee Wah Bakery, Wing Wah, and Four Seas Group in the Premium Food zone.

The Food Expo also features speciality food and beverages, including Isey Skyr, the unique Icelandic yoghurt,100% handmade and original tinned cakes, frozen cocktail ice lollies from the Netherlands, organic collagen jelly from Korea, made-in-Hong Kong black truffle gelato, and more.

Back again will be the ever-popular cooking demonstration at the Star Kitchen. This year, 18 sessions of Star Chef Cooking Demonstration will be staged at Food Expo. They include Ronald Shao, Executive Chef of Mian; Hung Chi Kwong, Executive Chinese Chef of Run at The St. Regis Hong Kong; Adam Wong, Executive Chef of Forum Restaurant – Ah Yat Abalone; Chan Sai Fai, Executive Chef (Dim Sum) of Chuan Palace; Au-Yeung Chung Kei, Executive Chef of YUE; and Olivier Elzer, French founder, and mastermind behind Clarence.

In collaboration with the Environment and Ecology Bureau's Committee on Reduction of Salt and Sugar in Food, and the Centre for Food Safety, the expo will invite famous chefs to demonstrate "less salt and less sugar" recipes to advocate the ethos of healthy eating in the city. On 19 August, media veteran Jacky Chan will host the Chef's Dialogue featuring three renowned Hong Kong chefs who will share their cooking and dining tips and secrets. There will also be several exciting events during the expo, including seminars and talks, wine tasting workshops and exhibitor presentations.

Beauty & Wellness Expo – Rejuvenating the natural beauty from within (17-21 August)

The seventh Beauty & Wellness Expo will showcase a wide range of beauty, cosmetic, hairdressing, fitness and wellness products. In addition to the major pavilions hosted by the Federation of Beauty Industry (H.K.), Hong Kong Hair & Beauty Merchants Association, International Beauty & Health General Union, The Cosmetic & Perfumery Association of Hong Kong Ltd, and Hong Kong China Federation of Bodybuilding & Fitness Limited, there will be new pavilions presented by the CIDESCO International CICA Association of Esthetics and Association of International Aesthetics Management.

In addition, Hieggo Pavilion will be exhibiting for the first time at Beauty & Wellness Expo, bringing with it a wide range of health products, with Lawrence Cheng and other guests sharing wellness knowledge at the fair. The expo will showcase an extensive variety of health and beauty products. These include the Pulseroll Vibrating Massage Roller from the United Kingdom, the DR. SCHAFTER Advanced Derma Laser Skin Peel, the FOOTDISC Anti-Fatigue Insoles and the Sericin Poria Pore Refining Booster.

A series of informative and exciting activities will be held including an "Introduction to Mental Health" sharing session organised by Mind HK; a preview of the 2023 IFBB Hong Kong Fitness Awards Charity Open Championship; a seasonal autumn/winter make-up demonstration by expert Edmon Wong; and seminars on topics such as Japanese manicure, slimming and nutritional dieting, and more.

Home Delights Expo – Igniting an ideal smart home (17-21 August)

The ninth Home Delights Expo will showcase smart home products, kitchen appliances, kitchenware, tableware, and household products. The Avenue of Delights will feature over 40 exhibitors and several lifestyle brands, including Towngas, ZWILLING JA Henckels, A-Fontane, LAURASTAR, Tiger, and German Pool. The expo will present new home products, including the Hydrogen Plus Cold & Hot Purifier, MasterMind, an AI massage chair equipped with voice control and bespoke functions, and a sterilisation machine for cleansing knives, chopsticks, and cutting boards by Zhang Xiao Quan.

This year, the Hong Kong Furniture and Decoration Trade Association pavilion will continue to showcase home design elements that integrate technology into people's daily lives to build an ideal smart home. In addition, the Creative Corner will provide a platform for young start-ups to promote and sell their products. Apart from cultural and creative products, the public can participate in exciting activities such as bonsai design and dried flower gift making workshops.

ICMCM – High-calibre experts discuss the inheritance and innovation of traditional Chinese medicine (17-18 August)

The Modernized Chinese Medicine International Association together with the HKTDC and eight scientific research institutions will present the latest International Conference of the Modernization of Chinese Medicine & Health Products (ICMCM), offering invaluable Chinese medicine insights and information for industry participants.

This year's theme is "Inheritance and Innovation of Traditional Chinese Medicine", featuring 18 keynote speakers, including experts from the United Kingdom, Singapore, Japan, Korea, Mainland China, and Hong Kong who will discuss new Chinese medicine research and development and share successful product commercialisation cases. Running in a hybrid format, the conference will stimulate and facilitate exchange of ideas among speakers and participants. By attending the conference, registered Chinese medicine practitioners in Hong Kong may also apply for Continuing Medical Education (CME) credits.

Promoting electronic payment with Consumption Voucher Scheme and daily lucky draw

with the second instalment of the Consumption Voucher Scheme rolled out, the HKTDC is encouraging exhibitors to embrace electronic payment methods to streamline transactions and enable a more convenient and efficient shopping experiences for the public.

The "Lucky Draw" will take place daily during the exhibition period with prizes including hotel accommodation and buffet vouchers, homeware, skincare products, gourmet food, health products and fitness classes. Spending HK$200 or more on a single receipt allows visitors to enjoy one lucky draw entry, with a maximum of five entries per receipt. The HKTDC's promotional website, "August Happy Buy", continues to help the public keep abreast of the latest shopping information, various flash sales, "HK$1" offers and more than 160 shopping coupons will be given away. In addition, the HKTDC will also launch a "BYO Utensils for Bonus Rewards" campaign to encourage people to support environmental protection, and some exhibitors will give bonus offers to those who bring their own utensils.

E-tickets are available for sale at AlipayHK, Alipay (HKTDC's ticketing partner), which offers a HK$3 and Rmb3 discount for every transaction. Other sales outlets include the 01 Space e-ticketing platform, all 7-11 and Circle K convenience stores, and via the Octopus App. Physical ticket sales for the August exhibitions will not be available at the fairground. Instead, toll booths will be set up at the entrance to allow visitors to use their AlipayHK, Alipay or Octopus card for admission instantly. The HKTDC has also extended the discounted morning and night admission tickets for the public to visit the exhibitions during non-peak hours on designated dates.

Websites
– HKTDC Food Expo PRO: https://foodexpopro.hktdc.com
– HKTDC Hong Kong International Tea Fair: https://hkteafair.hktdc.com
– HKTDC Food Expo: https://hkfoodexpo.hktdc.com
– HKTDC Beauty & Wellness Expo: https://hkbeautyexpo.hktdc.com
– HKTDC Home Delights Expo: https://homedelights.hktdc.com
– The International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM): https://icmcm.hktdc.com
– August Happy Buy website: https://ecoupon.hktdc.com/food/
– Photo download: https://bit.ly/45il75B

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries

HKTDC's Communications and Public Affairs Department:
HKTDC Food Expo, HKTDC Beauty & Wellness Expo
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org

HKTDC Food Expo PRO, HKTDC Hong Kong International Tea Fair, ICMCM
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org

HKTDC Home Delights Expo
Clementine Cheung, Tel: +852 2584 4575, Email: clementine.hm.cheung@hktdc.org

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

Daniel Gaefke to join Group Management Board as BayWa r.e. plans to triple capacity of wind and solar project development

BANGKOK, Aug 3, 2023 – (ACN Newswire) – BayWa r.e. is appointing Daniel Gaefke to its Group Management Board as the business continues to focus on the expansion of its global Wind and Solar Projects business. Currently Director of Projects APAC, Daniel will join CEO Matthias Taft, CFO Mihaela Seidl and COO Guenter Haug on the Board.

As the global renewable energy transition continues to accelerate, BayWa r.e. has set the goal of tripling the capacity of current wind and solar development by 2026 and building its Independent Power Producer (IPP) portfolio to 3 gigawatts (GW).

In support of realising these goals, Daniel will take responsibility for BayWa r.e.'s onshore Wind and Solar Projects businesses. He will also take responsibility for the company's Energy Solutions business, which is helping corporations in their own energy transition.

Daniel joined BayWa r.e. in 2016 as Director of Projects APAC and has overseen BayWa r.e.'s successful growth throughout the APAC region, including market entries and expansion throughout Southeast Asia, Korea, Japan and Australia.

"BayWa r.e. has seen incredible growth, and it has been amazing to be part of our global success story. With the speed the renewable transition is progressing, our potential future growth is huge. This is all about securing a sustainable future and I'm extremely motivated to be working with my fellow Board members to drive forward the energy transition.", comments Daniel Gaefke, Director of Projects APAC, BayWa r.e. AG.

Daniel will formally join the Board from 1st November 2023, and will focus on BayWa r.e.'s EMEA and APAC Projects businesses. The US Projects business will continue to be steered by CEO Matthias Taft, as part of ambitious growth plans for the US and wider region. Taft will also continue to take responsibility for BayWa r.e.'s growing offshore wind business as it builds on recent successes and further establishes itself in the market.

"We have set the goal of tripling the capacity of current global wind and solar projects we develop by 2026 and building our IPP portfolio to 3GW. Daniel's appointment to the Board reflects his extensive market experience and expertise, which will further help to ensure these goals are realised", adds Matthias Taft, CEO, BayWa r.e. AG.

"There can be no doubt that the impacts of climate change are being felt globally and while the renewable transition is moving at pace, it must move faster. This is a cause all of us at BayWa r.e. are deeply committed to and I'm extremely proud of the business we have built and driven by the mission ahead of us."

BayWa r.e. AG (BayWa r.e.):

At BayWa r.e. we r.e.think energy – how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.

We are a leading global developer, service supplier, distributor and solutions provider and have brought over 5.5 GW of energy online and manage over 10 GW of assets. We are also an Independent Power Producer with an expanding energy trading business.

BayWa r.e. works with businesses worldwide to provide tailored renewable solutions. Operating 100% carbon neutral, we are also committed to our own sustainability journey.

Every day, we are working hard to actively shape the future of energy in a diverse, equitable and inclusive workplace.

Our shareholders are BayWa AG, a EUR27,1 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment.

Contact information:

Mark Cooper
Head of Global Communications
Tel: +49 89 383932 3611
E-mail: mark.cooper@baywa-re.com

PRecious Communications for BayWa r.e. APAC
Tel: +65 6303 0567
E-Mail: baywa-re@preciouscomms.com

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

Go Bigger, Go Smarter with Amazfit Bip 5

KUALA LUMPUR, Aug 2, 2023 – (ACN Newswire) – Zepp Health Corporation (Zepp, NYSE: ZEPP), a leading specialist in smart wearables and health technology, proudly announces the global debut of its latest innovation, the Amazfit Bip 5. Boasting the most substantial screen among global offerings, the Amazfit Bip 5 is the first in the Bip series to integrate the versatile Zepp OS. This feature-rich smartwatch sets a new benchmark in user experience, far exceeding expectations for entry-level devices.

Student of Oneworld Hanxin College, Ms. Michelle Yoong, praises the Amazfit Bip 5's affordability and customization features. "The cream white of the Amazfit Bip 5 is simply stunning. For a budget-conscious student like me, it offers excellent value. The large screen perfectly displays all critical information, from my personal data to direct messages and more. Moreover, with over 70 stylish watch faces, it offers impressive customisation options, even allowing me to upload personal photos to the watch. It's fantastic!"

Ms. Cassandra, an executive at The Interview Media Group, lauds the Amazfit Bip 5's practicality. She shares, "The built-in microphone and speaker enable Bluetooth phone calls directly from the watch, streamlining my life significantly. It also monitors my health, gives reminders and tracks menstrual cycle, which is invaluable during my fast-paced work week."

The Amazfit Bip 5 sports a 1.91" ultra-large high-resolution touchscreen and the cutting-edge Zepp OS 2.0, supporting 70+ apps, including 30+ mini games. Other smart features like Amazon Alexa, Morning updates, and a slightly curved glass screen, for a more natural view, enhance the user experience. It even supports a Portrait Watch Face option, allowing users to switch to up to three uploaded pictures.

As the most advanced smartwatch in the Bip series, the Amazfit Bip 5 leverages the health-focused Zepp OS 2.0 and the BioTracker(TM) PPG sensor, enabling 24-hour blood oxygen saturation monitoring, along with heart rate and stress levels. Users can set alerts for these three metrics and are notified if abnormal readings are detected.

The Amazfit Bip 5 doesn't hold back when it comes to fitness, featuring over 120 workout modes. Users can auto-detect seven sports, or access real-time sports data read-outs via the built-in speaker for a smarter workout experience.

Even after the workout, the Amazfit Bip 5 continues to impress. The incorporation of Amazfit's PeakBeats(TM) algorithm offers a detailed analysis of exercise data like VO2 Max. Users can then share this information with fitness apps like adidas Running and Strava, through the Zepp App.

From 5-8 August, the Amazfit Bip 5 is exclusively available on Shopee at a special launch price of RM319 for the first 200 Bip 5, with the price set at RM329 thereafter.

Availability

All featured Amazfit products are available for purchase at Amazfit's e-commerce partner platform https://bit.ly/Amazfit-Shopee-BIP5 and https://bit.ly/Amazfit-Lazada-BIP5.

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

Healthcare Hiring on the rise in the Philippines: foundit Insights Tracker

Despite a slight dip in the country’s annual hiring activity, healthcare and retail continue to offer promising job opportunities.
Healthcare professionals lead all other industry job roles charting the highest annual growth of 21% in June ‘23

MANILA, Aug 2, 2023 – (ACN Newswire) – foundit (formerly Monster APAC & ME), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for June 2023, formerly published as Monster Employment Index (MEI). According to the Philippines fit report, job roles in the Healthcare and Retail sector have impressively grown by 26% and 12% respectively over the past year.

The tracker also reveals a marginal dip of 2% in e-recruitment activity, as the index climbed down from 127 in June 2022 to 124 in June 2023. Despite this drop in recruitment activity, sectors such as Healthcare, Retail, and BPO/ITES witnessed progressive annual hiring growth in June’23. Amidst the ongoing pursuit of cost-cutting measures by global businesses, call centers and outsourcing companies in the Philippines have exceeded revenue and hiring targets and managed to maintain a positive outlook for the BPO job market. These promising numbers confirm a gradual but continuous improvement in the labour market, implying that demand for online recruitment will continue to climb in the coming months.

Commenting on the Philippines job trends for June 2023, Sekhar Garisa, CEO, foundit, said, “Hiring is picking up pace in the Philippines. We are hopeful that jobs will rebound in the upcoming months as certain sectors such as Healthcare, Retail, and BPO/ITES are showing a positive growth trajectory. The Philippines government has also shown support for gig & hybrid jobs, boosting hiring for service. This is crucial for job seekers, as it gives them more flexibility and opportunities to work in different sectors and locations.”

Healthcare, Retail, and BPO/ITES sectors lead in hiring activity, while the IT, Telecom, Logistics, Courier/Freight, and Advertising industries witness a drop in recruitment.

The fit reveals that the Healthcare industry continued to dominate the job market in June 2023, with a YoY increase of 26% hiring in the sector. Despite the shortage of skilled nurses and doctors, there has been a promising upward trend in hiring efforts to meet the country’s healthcare demands. Also, the Retail industry (+12%) witnessed double-digit growth in hiring demand this month owing to the increased number of customers visiting physical stores. Given that the Filipino government had allowed BPO companies with work-from-home arrangements to retain tax incentives, the hiring in the BPO/ITES sector (+11%) saw sequential annual growth in June ’23.

The Logistics, Courier/Freight/Transportation, and Shipping industry along with IT and Telecom/ISP has recorded a dramatic decline in hiring activity, with a YoY decrease of 34% and 20% respectively. Logistics has always presented a major challenge in the Philippines due to inadequate infrastructure, frequent weather-related disasters, and scattered demand. Consequently, the industry has struggled to thrive, resulting in sluggish hiring trends within the sector. The growth momentum for other industries such as Advertising, MR, PR, Media & Entertainment (-18%), Engineering, Construction and Real Estate (-1%), Hospitality (-3%), BFSI (-13%), Production/Manufacturing, Automotive and Ancillary (-14%), and Education (-17%) saw a consecutive dip annually in June’23.

Roles in Healthcare, Sales & Business Development, and Customer Service lead the hiring trends

There continues to be a high demand for Healthcare (+21%) professionals marking the steepest annual growth in June’23. With the sudden jump in the retail sector, the jobs in Sales & Business Development (+17%) went up leading to increase in demand for candidates Customer service and software, hardware, and telecom functions are also experiencing positive and steady growth of 11% and 3%, respectively, due to the improving economy.

Jobs in Purchase/ Logistics/ Supply chain (-24%) have been facing some challenges since Jan’23 and showed the lowest growth in hiring this month among all monitored functions. Hiring for Marketing & Communications (-21%) and HR & Admin (-21%) roles too dipped substantially in June’23. Other industries to witness a subsequent drop in hiring activity include – Hospitality & Travel (-1%) Engineering/ Production, Real Estate (-2%), and Finance and Accounts (-10%).

The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (fit) presents a snapshot of employer online recruitment activity nationwide.

Period for the report

The period considered for the foundit Insights Tracker (fit) data is June 2022 vs. June 2023.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches, and precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf,

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

KGW Group Berhad Debuts on ACE Market

KUALA LUMPUR, MALAYSIA, Aug 1, 2023 – (ACN Newswire) – KGW Group Berhad, a logistics services provider offering ocean freight services, air freight services and freight forwarding services as well as warehousing and distribution of healthcare-related products and devices, debuted today on the ACE Market of Bursa Malaysia Securities Berhad, opening at RM0.23 per share which represents a premium of 9.5% over the initial public offering (IPO) price of RM0.21 per share.

KGW is listed under the stock name of "KGW" with stock code of "0282".

KGW is an award-winning and asset-light logistics services provider specialising in managing and coordinating the movement of goods within the supply chain. KGW is supported by three subsidiaries, namely KGW Logistics (M) Sdn Bhd ("KGW Logistics"), Mattroy Logistics (Malaysia) Sdn Bhd ("Mattroy Logistics"), and KGW Medica Sdn Bhd ("KGW Medica"). KGW Logistics focuses on shipping cargo to and from the United States, which is KGW's largest market whereas Mattroy Logistics handles shipments to and from other regions of the world. Meanwhile, KGW Medica specialises in warehousing and distribution of healthcare-related products and devices.

The Group raised a total of RM16.73 million through the IPO, from which RM10.00 million of the proceeds is allocated to repay bank borrowings in relation to the purchase of a freehold three-storey office building with an annexed two-storey warehouse located at Glenmarie, Shah Alam ("Target Property"). RM2.00 million is allocated for the renovation of the Target Property. RM0.73 million of the proceeds will be used for working capital purposes while the remaining RM4.00 million is allocated for listing expenses.

Independent Non-Executive Chairwoman of KGW, Yang Mulia Tengku Faizwa Binti Tengku Razif said, "I would like to thank the entire KGW team and the IPO DDWG team for their hard work and diligence in bringing the Group to today's listing. On behalf of KGW, we would also like to extend our appreciation to customers, business partners and suppliers who have supported us over the years."

Managing Director of KGW, Dato' Roger Wong said, "This is a significant milestone for the Group and evidence of how far we have come as a business to be a leading provider of logistics services in Malaysia. Through this listing, we have not only cemented our success, but we will continue to build on what we have to bring more value to our stakeholders."

According to the independent market research report in the KGW's prospectus, the Group generated revenue of RM228.0 million from its involvement in the Malaysian logistics industry, equivalent to 0.37% share of the total market size (GDP) of the logistics industry in Malaysia of RM62.20 billion in 2022.

The report noted that the Malaysian logistics industry is projected to reach RM66.25 billion in 2023 and grow to RM87.57 billion in 2027, expanding at a CAGR of 7.1% for the forecast period. In particular, the warehouse and storage market in Malaysia is forecast to reach RM2.58 billion in 2023 and expand at a CAGR of 8.2% to RM3.59 billion in 2027.

TA Securities Holdings Berhad is the Principal Adviser, Sponsor, Underwriter and Placement Agent for the IPO while Eco Asia Capital Advisory Sdn Bhd is the Financial Adviser for the IPO.

KGW Group Bhd: https://www.kgwlogistics.com/

Images
Caption (L-R):
Ms. Kelly Neng, Director of Eco Asia Capital Advisory Sdn Bhd
Mr. Kelvin Khoo, Managing Director of Eco Asia Capital Advisory Sdn Bhd
Datuk Hamzah Bin Mohd Tahir, Executive Director of Dealing of TA Securities Holdings Berhad
Mr. Lean Sze Yau, Independent Non-Executive Director of KGW Group Berhad
Dato' Roger Wong, Managing Director of KGW Group Berhad
Tengku Faizwa Binti Tengku Razif, Independent Non-Executive Chairwoman of KGW Group Berhad
Ms. Lim Joo Seng, Independent Non-Executive Director of KGW Group Berhad
Ms. Lee Li Choon, Independent Non-Executive Director of KGW Group Berhad
Ms. Cheok Hui Yen, Executive Director/ Chief Operating Officer of KGW Group BerhadMr. Ku Mun Fung, Head of Corporate Finance of TA Securities Holdings Berhad
( https://photos.acnnewswire.com/tr:n-650/20230801.KGW1.jpg )

Caption (L-R):
Dato' Roger Wong, Managing Director of KGW Group Berhad
Tengku Faizwa Binti Tengku Razif, Independent Non-Executive Chairwoman of KGW Group Berhad
Ms. Lim Joo Seng, Independent Non-Executive Director of KGW Group Berhad
Ms. Cheok Hui Yen, Executive Director/ Chief Operating Officer of KGW Group BerhadMs. Lee Li Choon, Independent Non-Executive Director of KGW Group Berhad
Mr. Lean Sze Yau, Independent Non-Executive Director of KGW Group Berhad
( https://photos.acnnewswire.com/tr:n-650/20230801.KGW2.jpg )

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

New Premium Application Centre for UK Student Visas Opens at Sunway Resort Hotel in Selangor

KUALA LUMPUR, MALAYSIA, Aug 1, 2023 – (ACN Newswire) – VFS Global, the world's largest outsourcing and technology services specialist for governments and diplomatic missions, entered into a strategic partnership with the Sunway Resort Hotel in Selangor, Malaysia. Through this alliance, VFS Global aims to offer UK student visa services through its UK Premium Application Centre at the Sunway Resort Hotel in Selangor.

UK student visa customers can now book appointments at the Premium Application Centre to submit their applications and enrol biometrics. This partnership will provide customers residing in and around Selangor with a new location option in addition to the existing free-to-use Visa Application Centres located in Jalan Ampang, Kuala Lumpur.

This is a premium location for customers wishing to apply for their visa in the ambience and comfort of a 5-star hotel. There is a fee of MYR 250 to apply at this location, which includes courier and SMS updates. The fee for this service must be paid online while booking your appointment, before attending the Visa Application Centre.

Jeanne Chan, Director of Commercial, Sunway Resort Hotel, said, "We are delighted to partner with VFS Global for a strategic initiative that offers convenience to UK student visa applicants at our hotel. Through the opening of this new visa centre, we look forward to extending the warm hospitality and exceptional services of the Sunway Resort Hotel and providing customers with convenient access to plan their international travel."

Kaushik Ghosh, Head ? Australasia, VFS Global, said, "The partnership with the Sunway Resort Hotel in Selangor provides additional and conveniently located touchpoints to our customers. UK student visa customers will continue to enjoy the same comfort, convenience, and best-in-class services at this new location that they do at our Visa Application Centres, as well as experience the comfort and hospitality offered by the Sunway Resort Hotel."

VFS Global has enjoyed a long-standing relation with UK Visas and Immigration (UKVI) in Malaysia since 2004, offering UK visa services through centres in Kuala Lumpur.

For more information, please visit https://visa.vfsglobal.com/mys/en/gbr.

Student visa applications from Malaysia in 2022 rebounded to pre-pandemic levels, reiterating early recovery in international travel. According to VFS Global, student visa application in 2022 were 4% higher than the volumes in 2019. Applications were 38% higher in comparison to 2021 as many international borders were closed with pandemic-induced travel restrictions and international university campuses operated hybrid schedules.

More than 7,220 Malaysian nationals were issued a Student visa to study in the UK in 2022 (www.gov.uk/government/statistics/immigration-system-statistics-year-ending-december-2022), just shy of pre-pandemic numbers in 2019. Given the travel restrictions in 2020 and 2021, the number of visas issued in this category in 2022 rose by 3,000 and 500, respectively.

About VFS Global

VFS Global is the world's largest outsourcing and technology services specialist for governments and diplomatic missions. VFS Global is the trusted partner of 68 client governments, operating a global network with more than 3,300 Application Centres in 145 countries. The company has processed over 264 million applications since its inception in 2001. The company manages non-judgmental and administrative tasks related to applications for visa, passport, and consular services for its client governments, enabling them to focus entirely on the critical assessment task. VFS Global has its headquarters in Zurich/Switzerland and Dubai/United Arab Emirates.

VFS Global is majority-owned by funds managed by Blackstone, the world's largest alternative asset manager. Blackstone seeks to create positive economic impact and long-term value for their investors, the companies in which they invest, and the communities in which they work. Blackstone's USD 991 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets, and secondary funds, all on a global basis.

The Swiss-based Kuoni and Hugentobler Foundation and EQT, a global investment organisation, headquartered in Stockholm/Sweden, hold minority stakes in VFS Global.

Media Contact
PRecious Communications
Sharifah Nurafiqah Jamalaulil
+6013 221 7269
sharifah@preciouscomms.com

Abdul Azim
+60106539949
azim@preciouscomms.com

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

Signing Contracts for US$49.3M, PIS (Pertamina) Now Sails across 26 International Routes

DUBAI, Jul 31, 2023 – (ACN Newswire) – PT Pertamina International Shipping (PIS), through its branch office in Dubai, PIS Middle East (PIS ME), has achieved another success by simultaneously signing four business cooperation agreements with global players.

PIS Pte Ltd (DMCC Branch) – PIS Middle East has signed business cooperation agreements with global players, namely with Gas Walio, Gas Widuri, Gas Arjuna and Gas Ambalat, for 4 vessels owned by PIS.

Erwin Paulian Sihombing, Commercial, PIS Pte Ltd (DMCC Branch) – PIS ME; Ugo Romano, Managing Director, Scorpio MENA DMCC (Neptune Pool); Andra Otmansyah Pelawi, Country Manager & Middle East Representative, PIS Pte Ltd (DMCC Branch) – PIS ME [L-R]

PIS ME signed the deals for 4 vessels owned by PIS – namely the Gas Walio vessel, Gas Widuri vessel, Gas Arjuna and Gas Ambalat vessels. The Gas Arjuna and Ambalat vessels are chartered by SHV Gas Supply & Risk Management, the Gas Walio vessel is chartered by Geogas Trading S.A, and the Gas Widuri vessel is chartered by Vitol S.A.

"The signing of this cooperation signifies the success of PIS ME's aggressiveness in increasing revenue in the international market, as well as proving the reliability of PIS's fleet which is qualified to sail in global scale waters," said PIS CEO Yoki Firnandi at the signing ceremony on Tuesday, July 25.

The total transaction value for the four ship deal reached US$49.34 million, or the equivalent to Rp740.15 billion (dollar exchange rate of Rp15,000) with different contract durations ranging from 6 months to 3 years. The contracts also provided for new international routes and countries for the PIS fleet, including Chile (South America), Puerto Rico (USA), Dominican Republic (Caribbean), Tanzania, Poland, and Portugal.

Country Manager of PIS ME Andra Pelawi added that in addition to the successful commercialization of the four vessels, PIS ME has broken new business ground which will add to the company's revenue potential. "Pertamina has, through PIS ME, entered Tankers International Pool, and a TC Syndication scheme with Scorpio for a Neptune VLGC vessel in the pool. PIS will have the potential for vessel rental at international market rates," he said.

Through this breakthrough scheme by PIS, carried out initially during the second quarter of 2023 (since the VLGC vessel entered the pool in early May, through to the end of the quarter), PIS ME managed to realize a profit of around US$865 thousand, or the equivalent to Rp12.97 billion (dollar exchange rate of Rp15,000).

About PT Pertamina International Shipping (PIS) Pte Ltd

PT Pertamina International Shipping (PIS) as an Integrated Marine Logistics Subholding, has a total of 750 ships. Besides the owned ships, PIS also manages time charter and spot charter that can be rented through e-chartering. PIS ME is the second representative branch office of PIS located abroad, being established December 23, 2022. See https://pertamina-pis.com/.

Media Contact:
Muh. Aryomekka Firdaus
Corporate Secretary
M: +62 0811-872-272
E: aryomekka@pertamina.com

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