Hong Kong delegation to ASEAN pushes collaboration into top gear

KUALA LUMPUR, Jul 28, 2023 – (ACN Newswire) – The Hong Kong Trade Development Council (HKTDC)-organised delegation, led by Hong Kong Special Administrative Region (HKSAR) Chief Executive Mr John Lee and accompanied by Principal Officials, today concluded a week-long visit to Singapore, Indonesia and Malaysia. Delegates and representatives of the three Association of Southeast Asian Nations markets signed more than 30 memorandums of understanding signalling closer cooperation based on a shared vision of prosperity and development in Asia.

Dr Peter K N Lam, HKTDC Chairman addresses Malaysia-Hong Kong: Partnering for Success. The event,
hosted by the HKTDC today, drew significant pledges to foster deeper economic and cultural links
between Hong Kong and Malaysia

During the visit to Singapore, the Hong Kong delegation visited Meinhardt Group to learn about their
latest developments in technology application, sustainable development, and green finance

Dr Peter K N Lam (4th L), HKTDC Chairman, concluded the ASEAN trip of the Hong Kong delegation
in Kuala Lumpur, expressing that the visit had been highly fruitful.

More than 30 senior executives from Hong Kong's leading chambers, organisations, enterprises and conglomerates joined the delegation to strengthen ties, expand networks and discuss collaboration opportunities riding on new policies in Hong Kong to attract investment and talent, as well as the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), the Belt and Road Initiative and new cooperation agreements such as the Regional Comprehensive Economic Partnership (RCEP).

Dr Peter K N Lam, Chairman of the HKTDC, said: "The objective of our mission is to introduce Hong Kong's latest developments and new policies to attract businesses and talent, as well as the opportunities arising from the GBA, the Belt and Road Initiative, which celebrates the 10th anniversary this year, and cooperation agreements such as RCEP. We aim to help Hong Kong businesses expand into markets, as well as attract more ASEAN companies to set up offices in Hong Kong, and to collaborate with Hong Kong and Mainland Chinese companies based in Hong Kong to expand into the GBA, Mainland China and other overseas markets. At the same time, enterprises from ASEAN markets can expand and find new opportunities by leveraging the Hong Kong platform."

Dr Lam said the more than 30 MoUs signed between enterprises and organisations of Hong Kong and Singapore, Indonesia and Malaysia paved the way for deeper and broader collaboration in the future.

"During our visits, we had the opportunity to exchange ideas with leading enterprises and the Chinese ambassadors, gaining a deeper understanding of future developments and local government policies. I hope our delegates can share their insights with the Hong Kong business community to help to open up new opportunities for businesses large and small," he added.

Since 1966, the HKTDC has created business opportunities between Hong Kong and the world, promoting Hong Kong as an international business and financial hub and gateway to China through outreach such as organising delegations, international trade fairs and industry conferences, as well as enabling small and medium-sized enterprises and start-ups.

7 MOUs were signed at the business dinner in Singapore: (https://bit.ly/43Ta02c)
– HKTDC and Singapore Business Federation (SBF)
– InvestHK and Blockchain Association Singapore (BAS)
– Hong Kong Science & Technology Group (HKSTP) and Global Entrepreneurship Network (GEN)
– CCB International (Holdings) Ltd and Mirxes Holding Company Limited
– HSBC and Keppel
– City University of Hong Kong and National University of Singapore (NUS)
– Xgate and Singapore Retailers Association (SRA)

15 MOUs and SPA (share purchase agreements) were signed at the business luncheon in Jakarta: (https://bit.ly/4557err)
– HKTDC and Indonesian Ministry of Trade
– HKTDC and Indonesian Ministry of Industry
– HKTDC and KADIN
– InvestHK and KADIN
– Hong Kong Observatory and The Agency for Meteorology, Climatology, and
– Geophysics of the Republic of Indonesia (BMKG)
– HKEX and Indonesia Stock Exchange (IDX)
– [SPA] Value Partners Group and STAR Asset Management
– BOC International Holding Ltd, BOC HK Jakarta Branch and Tsingshan Industry
– BOC International Holding Ltd, BOC HK Jakarta Branch and J&T Jitu Express
– Chinese Asset Management Association of Hong Kong (HKCAMA) and Indonesia Asset
– Management Association
– CCB International (Holdings) Ltd and J&T Jitu Express
– Hong Kong Aerospace Technology Group and Bakrie & Brothers
– HSBC and Hutchison Ports Indonesia
– Media Asia Group Holdings Limited and MNC Media & Entertainment
– Templewater Limited and China International Marine Containers (Group) Ltd. (CIMC)
– and Eternal Tsingshan Group Ltd

11 MOUs were signed at the business luncheon in Kuala Lumpur: (https://bit.ly/3DyZfaw)
– HKTDC and MATRADE
– HKTDC and NCCIM
– MTR Corporation Limited and Mass Rapid Transit Corporation Sdn. Bhd. (MRT)
– Federation of Hong Kong Industries and Federation of Malaysian Manufacturers
– FWD Group Holdings Limited (FWD Group) and FWD Insurance Berhad (FWD Insurance)
– HSBC and Gobi Partners
– WeLab Group and HSBC
– City University of Hong Kong and Malaysia Digital Economy Corporation
– A&A (Digital business consulting) Limited and MyTOWN Shopping Centre
– Shangri-La International Hotel Management Pte Ltd and Far East Group
– CCB International (Holdings) Ltd x AFFIN

Photo Download: http://bit.ly/3O4lf1y

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
Strategic Public Relations Sdn Bhd
Mandy Tan, Tel: +60 16-477 2256, Email: mandy.tan@sprg.com.my
Kevin Tan, Tel: +60 12-700 1666, Email: Kevin.tan@sprg.com.my

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

Sarawak Consolidated Commences Legal Action against Dynamic Prestige Consultancy

KUCHING, MALAYSIA, Jul 27, 2023 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that it has initiated legal proceedings against Dynamic Prestige Consultancy Sdn. Bhd from an unfulfilled refund of RM14,000,000.00.

Ku Chong Hong, Managing Director of SCIB

The sum was an initial payment in anticipation of a strategic business partnership in the Engineering, Procurement, Construction and Commissioning (EPCC) sector. As part of the agreement, Dynamic Prestige Consultancy Sdn. Bhd. was to propose a Redeemable Convertible Preference Shares (RCPS) scheme in their company. SCIB, having decided not to proceed with the RCPS, has sought the agreed refund. However, to date, Dynamic Prestige Consultancy Sdn. Bhd. ("Dynamic Prestige") has failed to honour this agreement.

In response to the ongoing litigation, Mr. Ku Chong Hong, Group Managing Director of SCIB, stated, "The initiation of this legal action is a necessary step to protect our company's interests and uphold our financial integrity. We have always operated with full adherence to our contractual obligations and expect the same level of commitment from our partners. We remain confident in our legal position and are committed to ensuring the best outcome for our shareholders and stakeholders."

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

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

Hong Kong delegation strengthens business ties with Indonesia

JAKARTA, Jul 26, 2023 – (ACN Newswire) – A Hong Kong business delegation – organised by the Hong Kong Trade Development Council (HKTDC), led by the Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Mr John Lee and accompanied by Principal Officials – was in Jakarta, Indonesia today following a visit to Singapore in the past two days. The 30-strong delegation of business leaders from Hong Kong's major organisations, chambers and enterprises is making a week-long visit to Association of Southeast Asian Nations members to strengthen ties, expand networks and discuss collaboration riding on new policies in Hong Kong to attract investment and talent, as well as the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), the Belt and Road Initiative and new cooperation agreements such as RCEP (Regional Comprehensive Economic Partnership). Multiple MOUs were signed in Singapore (seven) and Indonesia (16), covering finance, trade, technology and cultural exchange.

Dr Sunny Chai, Chairman, Federation of Hong Kong Industries, Mr Nicholas Aguzin, Chief Executive,
HKEX; Dr Peter K N Lam, Chairman, HKTDC; Mr John Lee, Chief Executive of the HKSAR;
Mr Horace Cheung, Deputy Secretary of Justice; Mr Christopher Hui, Secretary for Financial Services
and the Treasury; Mr Algernon Yau, Secretary for Commerce and Economic Development [L-R]

Delegates visited major enterprises, met officials to understand Indonesia's development, and held a networking lunch with the local business community themed Indonesia-Hong Kong, Partnering for Success, hosted by the HKTDC.

At a press conference before the luncheon Mr Lee said: "ASEAN is Hong Kong's second-largest trading partner globally. Among ASEAN states, Indonesia is the largest nation. We are here to consolidate our friendship with Indonesia and other ASEAN states. We wish to strengthen our long-standing co-operation for mutual growth. More importantly, we wish to tell our friends here the good and latest stories of Hong Kong."

Mr Lee was accompanied by Deputy Financial Secretary Mr Michael Wong, Secretary for Financial Services and the Treasury Mr Christopher Hui and Secretary for Commerce and Economic and Development Mr Algernon Yau.

HKTDC Chairman Dr Peter K N Lam, HKEX Chief Executive Mr Nicholas Aguzin and Federation of Hong Kong Industries Chairman Mr Sunny Chai, representing various sectors in Hong Kong, shared their insights on business development of Hong Kong and Indonesia at the press conference.

During the luncheon speech, the Deputy Minister of Trade of the Republic of Indonesia Jerry Sambuaga expressed gratitude for the visit. He believed the exchange would benefit both parties and said: "Hong Kong is an important trading partner for Indonesia and I am optimistic that the Indonesia-Hong Kong relationship will grow stronger and be mutually beneficial."

On the same occasion HKTDC Chairman Dr Peter K N Lam said: "As an international business hub and a two-way platform between Mainland China and the world, Hong Kong is the perfect partner for Indonesian companies to tap into the Chinese market or to go global. As the Belt and Road Initiative enters its 10th year, we can work together to capitalise on the opportunities from a new phase of cooperation and sustainable development along the Belt and Road. HKTDC values the close ties between Hong Kong and Indonesia built up over years. Together, we have woven a story of mutual growth and prosperity. As we look to the future, we envision a stronger, deeper partnership between us."

During the two days in Indonesia, the delegation met representatives of key enterprises such as the Lippo Group and CT Corporation, and will also visit the Jakarta-Bandung High-Speed Railway which is an example of collaboration between Indonesia and Mainland China.

The delegation will move on to visit Malaysia over the next few days.

Since 1966, the HKTDC has created business opportunities between Hong Kong and the world, promoting Hong Kong as an international business and financial hub and gateway to China through outreach such as organising delegations, international trade fairs and industry conferences, as well as enabling small and medium-sized enterprises and start-ups.

7 MOUs were signed at the business dinner in Singapore:
– HKTDC and Singapore Business Federation (SBF)
– InvestHK and Blockchain Association Singapore (BAS)
– Hong Kong Science & Technology Group (HKSTP) and Global Entrepreneurship Network (GEN)
– CCB International (Holdings) Ltd and Mirxes Holding Company Limited
– HSBC and Keppel
– City University of Hong Kong and National University of Singapore (NUS)
– Xgate and Singapore Retailers Association (SRA)

16 MOUs were signed at the business luncheon in Jakarta:
– HKTDC and Indonesian Ministry of Trade
– HKTDC and Indonesian Ministry of Industry
– HKTDC and Indonesian Ministry of Tourism and Creative Economy
– HKTDC and KADIN
– InvestHK and KADIN
– Hong Kong Observatory and The Agency for Meteorology, Climatology, and Geophysics of the Republic of Indonesia (BMKG)
– HKEX and Indonesia Stock Exchange (IDX)
– Value Partners Group and STAR Asset Management
– BOC International Holding Ltd and Tsingshan Industry, and BOC HK Jakarta Branch
– BOC International Holding Ltd and J&T Jitu Express, and BOC HK Jakarta Branch
– Chinese Asset Management Association of Hong Kong (HKCAMA) and Indonesia Asset Management Association
– CCB International (Holdings) Ltd and J&T Jitu Express
– Hong Kong Aerospace Technology Group and Bakrie & Brothers
– HSBC and Hutchison Ports Indonesia
– Media Asia Group Holdings Limited and MNC Media & Entertainment
– Templewater Limited and China International Marine Containers (Group) Ltd. (CIMC) and Eternal Tsingshan Group Ltd.

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

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

Nearly 1 million visitors flock to Hong Kong Book Fair

HONG KONG, Jul 25, 2023 – (ACN Newswire) – The 33rd HKTDC Hong Kong Book Fair, 6th Sports and Leisure Expo, and 3rd World of Snacks, all organised by the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. The seven-day event attracted nearly one million visitors, of which 10% were tourists. Book Fair visitors spent an average of HK$872 (US$112) per person. Close to 780 exhibitors from 36 countries and regions participated in the three events, offering the public a diverse and extraordinary summer experience.

The 33rd HKTDC Hong Kong Book Fair, 6th Sports and Leisure Expo, and 3rd World of Snacks
drew nearly one million visitors in total

Sophia Chong, Acting Executive Director of the HKTDC, said: "We are thrilled to announce the resounding success of this year's Hong Kong Book Fair, Sports and Leisure Expo, and World of Snacks. The full reopening of Hong Kong has resulted in a surge in participation from citizens and tourists alike, with numerous mainland and overseas authors and exhibitors attending in person. The government's distribution of consumption vouchers has also fueled citizens' eagerness to spend at the three exhibitions, contributing to the vibrant and lively ambience of the events. This year's Book Fair, with its focus on Children's and Young Adult Literature, has staged a diverse range of cultural activities and seminars. Thanks to the sponsorship of Create Hong Kong* (CreateHK) of the Government of the HKSAR, we have established a brand new World of Art & Culture zone, with the aim of introducing literature and cultural arts from all over the world to a broad reader base. Our ultimate goal is to promote a city-wide reading culture and position Hong Kong as an East-meets-West centre for international cultural exchange."

Fiction, comics, travel, children's books and literature most popular genres

Over 800 visitors were interviewed by a research institute commissioned by the HKTDC to glean insights into their reading and spending habits. Respondents spent an average HK$872 at the fair this year, the survey showed. Remarkably, this comprised 70% of their HK$1,254 average annual expenditure on printed books. These findings underscore the Book Fair's pivotal role as a platform for book enthusiasts to acquire their beloved reads.

The survey also shed light on respondents' reading habits, revealing that an overwhelming 96% had read printed books within the past month, with an average reading time of 16 hours. Fiction emerged as the most popular book category, with 52% of respondents indicating their interest, followed by comics (26%), travel (20%), children's and young-adult books (20%), and literature (19%). The categories of self-improvement, enrichment, art and music, and inspirational books also garnered significant interest. E-books were also popular, with 65% of respondents having read e-books within the past month, averaging nine hours of reading time during that period. Most respondents (59%) visited the Book Fair to buy new books, while 49% enjoyed discounts offered at the fair. Additionally, 25% joined the diverse cultural activities, with 18% intending to buy children's books.

Cultural July events continue with fair highlights available for viewing

The fair featured more than 600 seminars and cultural events held both onsite and offsite, including the Eight Seminar Series. Running in parallel the Cultural July: Joyful Summer Reading campaign, held across Hong Kong, drew more than 350,000 participants.

Recordings of selected seminars are available online. Readers can revisit them through the Book Fair website or the HKTDC's Youtube channel. This year's Book Fair has concluded but Cultural July continues until 31 July, with a range of sharing sessions, talks and book launches in all 18 districts of Hong Kong. Details can be found on the Cultural July website – http://www.hkbookfair.hktdc.com/CulturalJuly

The Cultural Journey Online is also available on the Book Fair website, gathering e-reading resources and activities like virtual seminars and exhibitions from our partners which include: SHKP Reading Club's Read For More, Hong Kong Public libraries, Culture is…, Google Arts & Culture, encouraging citizens to expand their horizons and promoting a reading culture.

Sports and Leisure Expo and World of Snacks well received

Offering a wide selection of sports and leisure products and services, along with more than 1,200 tasty treats and snacks, the Hong Kong Sports and Leisure Expo and World of Snacks are also concluded today. The former featured free trials and interactive experiences while the latter offered visitors delicacies from around the world, along with workshops, activities and tasting sessions. Both events were enthusiastically received.

The three events launched the series of HKTDC exhibitions in the second-half of this year. In the coming months, the HKTDC will continue to host a diverse range of large-scale exhibitions to support and strengthen Hong Kong's economy across different sectors. Next month, visitors can expect to enjoy the Food Expo, Food Expo Pro, Home Delights Expo, Beauty & Wellness Expo, and Hong Kong International Tea Fair. September will bring CENTRESTAGE and Hong Kong Watch & Clock Fair, as well as the Belt and Road Summit, while October is set to feature the Hong Kong International Lighting Fair (Autumn Edition), Hong Kong Electronics Fair (Autumn Edition), and Eco Expo Asia. In November, the HKTDC will host the Hong Kong International Wine and Spirits Fair, Hong Kong International Optical Fair, and Asian Logistics, Maritime and Aviation Conference. Finally, December will feature the Business of IP Asia Forum and Chill 11.

*Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, Create Hong Kong, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.

Photo Download: https://bit.ly/3DrR5AI
Book Fair video playlist: https://bit.ly/3Q580Ay

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
Should members of the press have any enquiries, please contact:

Hong Kong Book Fair
Yuan Tung Financial Relations:
Anson Wong, Tel: +852 3428 3413, Email: awong@yuantung.com.hk
Salina Cheng, Tel: +852 3428 5691, Email: salcheng@yuantung.com.hk
Agnes Yiu, Tel: +852 3428 5690, Email: ayiu@yuantung.com.hk

HKTDC's Communications & Public Affairs Department:
Katy Wong, Tel: +852 2584 4524, Email: katy.ky.wong@hktdc.org
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org

Hong Kong Sports and Leisure Expo, World of Snacks
HKTDC's Communications & Public Affairs Department:
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org

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

Apollo Funds Upsize Its Capital Commitment to Global Schools Group

SINGAPORE, Jul 25, 2023 – (ACN Newswire) – Global Schools Foundation's investment arm and its related entities ("Global Schools Group", "GSG") announced that funds managed by affiliates of Apollo Global Management, Inc. have committed to providing approximately S$190 million, nearly doubling their total capital commitment to the Global Schools Group. Apollo funds initially provided long-term funding to Global Schools Group in 2021.

This additional commitment will enable GSG to ramp up its investments over US$650 million and to complete initial transactions in the European and UK markets, whilst consolidating its existing presence in Asia and the Middle East. The Company's expectation is to further deploy US$1.5 to 2 billion over the next few years, accelerating its global expansion through merger and acquisition of leading, super-premium, and Ivy League K12 schools.

In the past three years, GSG has completed over 25 acquisitions, adding over 20,000 students across Asia and the Middle East. Recent transactions include 100% acquisition of Dwight School Seoul, South Korea (Press Release); Glendale Academy Hyderabad, India (Press Release); Silveroaks International School, Bangalore, India (Press Release); Regent International Schools, Malaysia (Press Release); CISM, Philippines (Press Release); Harrods International Academy, Cambodia (Press Release); and Vikaasa Schools, Madurai, India (Press Release).

In 2021, GSG was recognised as the "World's Most Awarded Network of Schools" by the UK-based World Book of Records, having received over 500 awards for Innovation, Green Initiatives and Business Excellence. GSG's strengths lie in using proprietary learning technology, incorporating data analytics and artificial intelligence into students' learning outcomes. Schools on GSG's platform can expect to benefit from its key learning technologies and innovation capabilities to enhance market position and product development.

A portion of the capital is committed to The Global Village in Singapore, a 600,000 sqft of built-to-suit futuristic educational space accommodating two international schools – Global Indian International School and One World International School. The development is designed to satisfy 21st-century needs and knowledge trends through the use of data analytics in learning and sports facilities. National Geographic featured one of the campuses as a School of the Future.

Atul Temurnikar, GSF Chairman, said, "GSF aspires to become one of the top five leading K12 platforms in the world. Apollo's Hybrid Value business was a perfect capital solution for our long-term needs."

Matthew Michelini, Partner & Head of Apollo Asia Pacific, said he was "pleased to share that funds within Apollo's Hybrid Value strategy have committed to upsize their existing investment in Singapore-based education company Global Schools Group to help accelerate the company's global expansion."

"We are delighted to upsize our investment in Global Schools Group," said Apollo Partner Mr Gaurav Pant. "GSG has shown tremendous leadership and vision in executing an Asia-led global education platform."

Founded in 2002, Global Schools Foundation is a Singapore-headquartered, community-oriented education institution whose mission is to nurture young minds into global leaders. The Foundation now has 40,000 students across 40 campuses in 11 countries in the UK, Asia and the Middle East.

Contact Information
Rupali Karekar
Divisional Manager
rupali.karekar@myglobalschool.org
+6598734320

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

OSIM Unveils South Korean Actor Hyun Bin as Ambassador for Next Generation uDream Pro Well-Being Chair

MALAYSIA, Jul 24, 2023 – (ACN Newswire) – OSIM, the leading innovator of Wellness Tech products and solutions, has unveiled South Korean actor Hyun Bin as its ambassador for the next generation flagship product – the uDream Pro well-being chair. Imbued with the latest Wellness Tech innovations and designed as a sophisticated style statement, the next generation uDream Pro is the latest articulation of OSIM's best in class well-being solutions.

OSIM solutions span the health, fitness, beauty and gaming sectors and are all designed to enable customers to feel good, stress less, sleep better and live heathier and happier lives. The acclaimed actor is partnering OSIM as the company continues to expand its ecosystem of Wellness Tech solutions.

Ms Chia Sook Fun, General Manager of OSIM Malaysia said, "We are delighted to welcome Hyun Bin as our ambassador. His dedication to his craft and commitment to excellence resonate strongly with our mission to inspire and improve the world's well-being."

OSIM has sought out and partnered with like-minded global brand partners and artistes based on shared values such as innovation and creative excellence – exemplified by this latest partnership with Hyun Bin.

Hyun Bin said, "A perfect day to me is one that strikes a good balance between work and rest. With OSIM's uDream Pro, I am able to enjoy personalized massage techniques with a single touch through artificial intelligence (AI) analysis and relax while stabilizing the various senses of my body with the '5-Senses Experience'. It is a technology that provides suitable management for the condition of each day and helps to lead a healthy daily life."

Focus On Continuing Innovation for The Next Generation Well-being Chair

In its ongoing mission to introduce new innovations to consumers around the world, OSIM has pioneered the use of leading-edge Wellness Tech in its ecosystem of solutions. This move has successfully elevated the traditional massage chair to a new standard in well-being chairs.

Better than a massage chair, the uDream Pro is the world's first well-being chair to incorporate AI in the measuring, monitoring, and managing of stress and fatigue for users. It also features an industry-first innovation designed to enhance an immersive stress relief experience. With just one touch of a button, users are transported to one of three different paradise experiences – Aurora Night, Sunset Beach or Nature Bliss. Senses are awakened through guided massage programs synchronized with relaxing imagery, soothing voice guidance, enchanting music and mood-enhancing ambient lighting. Users can also opt to engage their olfactory sense by using the DreamScent Aroma Pods to complete the five-senses stress relief experience.

Seamlessly weaving OSIM's latest innovations such as AI features with elegantly executed design motifs inspired by nature, the uDream Pro is artfully created with technology and design excellence. It is also integrated with the OSIM Well-Being App to provide users with a total well-being experience that can be measured, monitored and managed in the comfort of their homes.

OSIM Wellness Tech Deploys AI to Deliver Truly Customised De-Stress Programmes

With 14 patented features that combine to create a unique OSIM stress relief experience that cannot be replicated, the uDream Pro harnesses best-in-class technology from OSIM's own R&D labs to address the harmful effects of long-term stress on the human body.

Collaborating with internationally renowned professionals such as cardiothoracic surgeon Dr Thomas Burdon from Stanford University and Japanese chiropractic massage expert Sato Tsuyoshi-san, the uDream Pro uses electrocardiogram technology to accurately measure stress signals of the body, as well as deploys AI-powered biometric algorithms to determine body tension scores. These signals and scores are then analysed to deliver individually customised stress relief programmes that are effective.

Data From uDream Pro Users Indicates Improved Mental And Physical Health

Anonymised body tension scores collected from uDream Pro users before and after each well-being session show a general decline in tension felt[1]. The scores revealed that:

– 78.72% (about 8 in 10 users) experienced an immediate reduction in short-term stress and improved state-of-mind after one use; and
– 87.23% (about 9 in 10 users) experienced a decline in long-term stress and improved overall mental and physical health with repeated use over a period of 6 months.

Hyun Bin Embodies The uDream Pro Vision Of Sophisticated Wellness Technology

A respected, award-winning actor in the entertainment industry and a household name, Hyun Bin is among the most influential actors in South Korea and has captivated audiences with his striking onscreen presence and versatile range of performances. His career spans more than two decades and includes leading roles in internationally popular dramas such as Crash Landing On You and Memories of the Alhambra as well as movies such as Confidential Assignment and The Negotiation.

Hyun Bin shares more about his philosophy to work-life balance and overall well-being in an exclusive OSIM video feature on Youtube.

The new generation OSIM uDream Pro retails in Malaysia at a promotional price from RM436.47 per month with zero interest instalments up to 60 months and it is available at osim.com.my and at all OSIM stores. Visit OSIM stores now to enjoy an extraordinary wellness experience.

OSIM https://www.osim.com.my/

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

2023 Deloitte Hong Kong Technology Fast & Rising Star program opens for applications from fast-growing, innovative local enterprises

HONG KONG, CHINA, Jul 24, 2023 – (ACN Newswire) – The 2023 Deloitte Hong Kong Technology Fast and Rising Star program is now officially open for applications. Organized by Deloitte China and sponsored by HSBC, the program identifies and recognizes fast-growing and innovative local enterprises, with a view to boosting development of the innovation and technology (I&T) ecosystem in Hong Kong, the Greater Bay Area (GBA), and beyond. Applications close on 24 September and the results will be announced at the awards ceremony in November.

Internationally renowned as "the Oscars for high technology companies", the Deloitte Technology Fast 50 program was founded in 1995 in Silicon Valley and takes place simultaneously every year in more than 30 countries. With stringent evaluation criteria and methodology, the program is one of the most objective rankings for technology, media, and telecommunications enterprises.

A sub-program of Deloitte China Technology Fast, Deloitte Hong Kong Technology Fast (HKTF) and Hong Kong Rising Star (HKRS) were launched in 2017 as a platform for fast-growing, innovative local enterprises from vanguard segments including internet, software, new media, new energy, life sciences, and robotics to promote their market eminence, meet successful peers, and connect with banks and VC/PE investors.

Apart from access to support from Deloitte experts and associated programs, winners of HKTF and HKRS can gain the opportunity to receive wider recognition and policy incentives from local governments and organizations within the GBA, while boosting their talent brand and employee morale. Notable past winners include WeLab, Klook, SenseTime, Lalamove, Prenetics, etc.

Deloitte Hong Kong Technology Fast Program Lead Partner Philip Law says, "I&T is increasingly essential for Hong Kong's economic transformation and integration into national development in this digital age, and Deloitte is committed to supporting the development of Hong Kong's I&T industry together with government, industry, and academic sectors."

"Leveraging Deloitte's global network of resources, insights, and experience, coupled with the extensive connections and expertise of our strategic partners and supporting organizations, the Deloitte Hong Kong Technology Fast program has seen 11 winners on their way to becoming unicorns since 2017, gaining visibility, brand recognition, and growth opportunities internationally. We look forward to receiving applications from all fast-growing and innovative Hong Kong companies that aspire to move onto a bigger stage."

Thomas Elliott, Managing Director, Head of Client Coverage, Commercial Banking, Hong Kong, HSBC, says, "Innovation and technology is a major force that will redefine our economic growth model. More support for emerging entrepreneurs in the innovation sectors will build a solid foundation for the future prosperity of our economy and society. Founded more than 150 years ago, HSBC has been banking generations of entrepreneurs and helping them grow their businesses. We are excited to join hands with Deloitte in the Technology Fast program again and we look forward to inspiring more innovative businesses in Hong Kong to aim for success."

HKTF welcomes applications from fast-growing companies and technology firms in Hong Kong with at least three years of business operations and operating revenue of at least HKD2.2 million for the 2020 fiscal year. Companies with a shorter business history can join HKRS by providing a written description of their backgrounds, management teams, core competencies, business models, products, technologies, industries, and market recognition.

For more details about the program and how to enrol, visit here.
https://www2.deloitte.com/cn/en/pages/technology-media-and-telecommunications/events/technology-fast-gba-2023-invitation.html?nc=42

2023 Deloitte Hong Kong Technology Fast & Rising Star

Sponsor
HSBC

Strategic Partner
Hong Kong Cyberport
Hong Kong Science and Technology Parks

Knowledge Partner
The Hong Kong University of Science and Technology

Supporting Organization
Alibaba Entrepreneurs Fund
Beyond Ventures
China Resources Capital Management Limited
The Chinese University of Hong Kong
The City University of Hong Kong – HK Tech 300
Gobi Partners GBA
Greater Bay Area Homeland Investments Limited
The Hong Kong Polytechnic University
Hong Kong PropTech Association
Hong Kong X Tech Startup Platform
Internet Professional Association
InvestHK

About Deloitte China

Deloitte China provides integrated professional services, with our long-term commitment to be a leading contributor to China's reform, opening-up and economic development. We are a globally connected and deeply locally-rooted firm, owned by its partners in China. With over 20,000 professionals across 30 Chinese cities, we provide our clients with a one-stop shop offering world-leading audit & assurance, consulting, financial advisory, risk advisory, business advisory and tax services.

We serve with integrity, uphold quality and strive to innovate. With our professional excellence, insight across industries, and intelligent technology solutions, we help clients and partners from many sectors seize opportunities, tackle challenges and attain world-class, high-quality development goals.

The Deloitte brand originated in 1845, and its name in Chinese denotes integrity, diligence and excellence. Deloitte's professional network of member firms now spans more than 150 countries and territories. Through our mission to make an impact that matters, we help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms, and their related entities (collectively, the "Deloitte organization"). DTTL (also referred to as "Deloitte Global") and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients.

Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region.

Please see www.deloitte.com/about to learn more.

Disclaimer

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms or their related entities (collectively, the "Deloitte organization") is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser.

No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this communication, and none of DTTL, its member firms, related entities, employees or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this communication. DTTL and each of its member firms, and their related entities, are legally separate and independent entities.

2023. For more information, please contact Deloitte China.

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

SCIB Celebrates Sarawak Day With Life-Saving Blood Donation Drive

KUCHING, MALAYSIA, Jul 21, 2023 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad ("SCIB" or the "Company") is pleased to announce that they have organised their annual blood donation drive in collaboration with the Sarawak General Hospital Blood Bank in honor of Sarawak Day. The initiative, known as "SCIB Blood Donation Day", is part of the company's ongoing commitment to giving back to society.

Ku Chong Hong, Managing Director of SCIB

Under the lively banner "Ohh Kitak Juh Derma Darah", the event is scheduled for 22nd July 2023, from 9am to 2pm. The venue is the Department of Transfusion Services and Blood Bank at Sarawak General Hospital, Kuching. SCIB is extending a heartfelt invitation to the community to join hands in this lifesaving cause. This marks SCIB's 4th collaboration with Sarawak General Hospital Blood Bank since their first collaboration in 2020.

"A fundamental part of our ESG philosophy at SCIB is giving back to the community," said Mr. Ku Chong Hong ('Mr. Ku'), Managing Director of SCIB. "This blood donation drive not only aligns with our social responsibility but also embodies the spirit of Sarawak Day – unity and care for one another. We strongly believe that this initiative will enhance community bonding."

To show gratitude to the generous donors, SCIB will be gifting a microfibre shirt to the first 120 participants. This token is a symbol of appreciation and recognition of their invaluable contribution to society.

"Blood donation is a simple act that has an extraordinary impact. We hope that this event will raise awareness about the constant need for blood and inspire more people to become regular donors," added the spokesperson.

SCIB's commitment to sustainability and community investment is a key component of its operating ethos. The company consistently seeks to balance its industrial activities with the welfare of its stakeholders. The SCIB Blood Donation Day is one of many initiatives demonstrating how SCIB fulfils its ESG commitments while making a real difference to people's lives.

The company is encouraging everyone who can to support this critical cause. "Come, join us, and make a difference. Donate blood, save lives. Let's work together to create a healthier Sarawak," urged Mr. Ku.

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

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

ATTIA Announces the Travel Changemakers Awards Judges Panel

SINGAPORE, July 20, 2023 – (ACN Newswire) – The Asia Travel Technology Industry Association (ATTIA) and Web in Travel (WiT) announce who is participating on the Judges Panel for the inaugural Travel Changemakers Awards 2023.

The Awards seek to recognise innovators that have used technology to build back better, post-pandemic, with the winners to be announced at WiT Singapore, 2-4 Oct 2023. Those awarded will demonstrate how they have had respect for the environment, created meaningful engagement with local communities or unearthed hidden gems for travellers to discover. They laud the repurposing of assets rather than building new, and how they demonstrate that diversity and inclusion are critical to building back better.

The prestigious panel consists of imminent industry leaders, as follows.

Aya Aso, CEO, SAVVY Collective
Rod Cuthbert, Chairperson, Jayride; Board Member, Veltra (Tokyo); Board Member, Tourism Tasmania; Founder, Viator
Loic Dujardin, Head of ESG, Traveloka
Fred Barou – Senior VP, Online Travel and Market Strategy, Amadeus
Kelly Kolb – VP for Government Affairs, Travelport
Steven Liew – Director of Public Policy, APAC, Airbnb
Choe Peng Sum, CEO, Pan Pacific Hotels Group
Aloke Bajpai, Co-Founder, Group CEO and Managing Director, ixigo
Elaine Tan, Director, AirAsia Foundation
Daniel Gelfer, Director of Global Government Affairs, Agoda
Kenneth Lim, Assistant Chief Executive of Marketing Group, Singapore Tourism Board

Chis Kerin, Managing Director, ATTIA says, “We are delighted by the support demonstrated by the travel tech industry for these awards, and are equally thrilled to have assembled such an esteemed judging panel. With their collective expertise, we are confident that the submissions will be held to the highest possible standards.”

“We are delighted with the calibre of judges that have embraced these awards in its first year,” says Yeoh Siew Hoon, Founder, WiT. “It is an honour to recognise those who turned ideas into action and initiated programmes to build back better during the pandemic. They will deservedly get their heyday with these awards, which will demonstrate exactly how the travel, tourism and hospitality industries has taken lessons learned over the pandemic to plan and create a better future for all travellers”.

To enter the Awards, click here

MEDIA CONTACT:
Sheree Tan
Senior Associate, Pinpoint PR
sheree@pinpointpr.sg
+65 8313 9472

BayWa r.e.’s Unwavering Dedication to the Community of Lang Son Province with Improved Commune Cultural House

HO CHI MINH CITY, VIETNAM, Jul 20, 2023 – (ACN Newswire) – Global renewable energy developer, service provider and solar distributor, BayWa r.e announced the successful completion and handover of the Khau Dang Commune Cultural House in Lang Son Province, Vietnam. This exemplifies BayWa r.e.'s unwavering dedication to actively supporting and enriching the communities in which it operates, as well as nurturing enduring relationships with the community it serves.

BayWa r.e., in close collaboration with the Van Quan district people's committee, supported the construction of the commune cultural house located at Khau Dang hamlet, Trang Cac Commune. The new commune cultural house will be able to foster community cohesion, facilitate annual general meetings and accommodate diverse activities, benefitting 500 people in more than 94 households, mostly Tay and Nung people who belong to the ethnic minority group.

The 360 square metre (m2) facility is a substantial increase from the previous culture house, which could only host 25 individuals. The project started construction in March 2023 and was officially handed over on 6 June 2023.

Nam Le, General Manager, BayWa r.e. Vietnam, said, "The commune cultural house would never have been realised if not for the continuous efforts made by the local district and villagers in overseeing this project. BayWa r.e. is committed to addressing the needs of the locals through regular communication and consultation with the local authorities and communities to ensure that all voices are heard. Vietnam is an important market for us, and we believe that we should not only build facilities for environmental sustainability, but we should also focus on creating long-lasting relationships within and with the local communities."

Chu Tien Hoang, Chairman of Trang Cac Commune People Committee, said, "We would like to thank BayWa r.e. for the precious support to our community. The new commune cultural house will encourage residents in the Khau Dang Village to organise cultural, sports and entertainment activities, helping them to bond and improve their quality of life with recreational activities. This initiative also meets the needs of the Vietnamese government's National Targeted Program on New Rural Development under criteria six, cultural facilities, where we can hold larger events for the entire commune."

The Khau Dang Commune Cultural House is the fourth project targeting the residents in the Lang Son province since 2021. In two years, BayWa r.e. built two sanitation facilities for two local primary schools in the Loc Binh district and supported the Cao Loc district's initiative to recognise top-performing students and teachers by awarding scholarships, prize money and school bags.

BayWa r.e. has been active in developing large-scale wind energy developments in Vietnam, viewing the technology as a key enabler in the country's renewable energy push. The company currently has a 240MW portfolio of wind energy across sites in northern Vietnam and is fully committed to facilitating Vietnam's ambition of becoming net-zero by 2050.

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 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. Visit https://www.baywa-re.com/en/.

Contact information:

PRecious Communications for BayWa r.e. AG
Li Wen Tan
Tel: +65 6303 0567
Email: baywa-re@preciouscomms.com

BayWa r.e. AG
Salim Pathan
Marketing Manager, APAC
Tel: +66 62 698 7162
Email: salim.pathan@baywa-re.com

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

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