First three trade fairs in 2023 conclude successfully

HONG KONG, Jan 12, 2023 – (ACN Newswire) – The latest trade fairs organised by the Hong Kong Trade Development Council (HKTDC) recorded encouraging traffic and exhibitor participation, with many buyers placing orders at the fairground. The recent reopening of the Hong Kong-Mainland China border and resumption of international travel has helped drive the industry's enthusiastic response, allowing buyers and exhibitors to seize opportunities.

The HKTDC Hong Kong Toys & Games Fair, the HKTDC Hong Kong Baby Products Fair, and the Hong Kong International Stationery & School Supplies Fair, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd concluded successfully.

More than 120 renowned brands were featured at the Brand Name Gallery at the Toys & Games Fair and Baby Products Fair, including 4D Master, Eastcolight, Hape, KEEPPLEY, Ming the Minibus, Welly, Winfun, Marcus & Marcus and more.

Smart-Tech Toys and Kidult World were highlighted product zones at the Toys & Games Fair, attracting the attention of many buyers.

Across four days, the 49th HKTDC Hong Kong Toys & Games Fair, 14th HKTDC Hong Kong Baby Products Fair and the 21st Hong Kong International Stationery & School Supplies Fair welcomed over 21,000 buyers from some 100 countries and regions who participated physically and online. More than 12,200 buyers attended the three fairs in-person.

Non-local buyers travelled from near and far to join the physical fairs, including Mainland China, ASEAN, India, Japan, Korea and Taiwan. European buyers came from, amongst others, the Czech Republic, France, Hungary, Italy, Poland and the United Kingdom, while buyers from the Middle East and Brazil, Chile and the United States took part as well.

While the physical part of the three fairs came to a close today, exhibitors and buyers can continue to connect online until 19 January. The first three trade fairs of the year adopted the HKTDC's new EXHIBITION+ model, which includes not only the physical shows, but also virtual access facilitated by its smart business matching platform Click2Match, connecting exhibitors and buyers online. As of today, the HKTDC has arranged over 1,000 business meeting sessions.

HKTDC Deputy Executive Director Ms Sophia Chong said: "The HKTDC has promoted the fairs in the past few months, and actively invited quality exhibitors and buyers from around the world to participate in-person. Following the resumption of quarantine-free travel between the mainland and Hong Kong, we are happy to see buyers from Mainland China, ASEAN and the wider Asia region, Europe and the Americas travel to Hong Kong for the fairs. Business travel in Hong Kong is gradually returning to normal, with industry being more optimistic about the future. This is welcome news for our upcoming fairs."

Creating more global business opportunities with the border re-opening

This year's fairs featured an assortment of new products from more than 1,000 exhibitors. A long-term supporter of the Hong Kong Toys & Games Fair, Eastcolight (Hong Kong) Limited, introduced their AR educational toys at the event. Co-founder Ms Salley Sze said: "It is exciting to see that global buyers are back in Hong Kong this year. We have met with overseas buyers from Brazil, France, Israel, Italy, Russia and Turkey who are very interested in our products. We are confident in the fair's business results."

Xiamen Baby Pretty Products Co., Ltd has been participating in the Hong Kong Baby Products Fair since 2009, which has helped expand their export business over the years. CEO Mr Sam Yang appreciated the quality of buyers this year and revealed that his company has met with 80 to 90 new buyers from Southeast Asia and Turkey. While their existing customers have confirmed US$2 million worth of orders, they have also received on-site orders worth US$200,000-300,000 from four new buyers.

Ms Malwina Jaworska, Acting Director of Product Development Department of 4Kraft Sp. z o.o., a baby products company in Poland, said: "Through the HKTDC's Click2Match smart business matching platform, we have found a new supplier from Hong Kong who can provide quality strollers with nice designs. We plan to buy US$850,000 worth of strollers from them. We have also reserved a budget of US$7 million for buying baby beds and high chairs at the fair."

Sales manager Mr Scott Wen of Mirage International Industries, a US exhibitor at the Stationery & School Supplies Fair is satisfied with the fair results. "It's clear that industry players are eager to get back to in-person business. We have had inquiries from Korea, Japan, the Netherlands, the USA, the Philippines, France, Germany, Hong Kong, and even the Middle East and India".

Scientific educational, kidult and green toys lead the future of play

At the flagship Hong Kong Toy Industry Conference 2023 on 10 January, key toy industry trends were unveiled by speaker Mr Clifton Chiu, Research Analyst of Toys and Games of Euromonitor International.

He noted that the rise of scientific educational and kidult toys and the impact of sustainability will be in the spotlight. Mr Chiu added that scientific educational toys were a perfect product for families looking to mix education and entertainment for their children during the pandemic with limited outdoor activities and schooling. Also, kidults, mainly young professionals, are willing to spend their disposable income on collectible toys and blind boxes that let them relive their childhood.

Another key trend is sustainability, many big players have adapted manufacturing and packaging methods in accordance with the sustainability concerns of consumers. The Toys & Games Fair has various themed zones, such as Smart-Tech Toys and Kidult World, together with a special Green Toys label introduced this year, to help buyers identify and source the popular product categories in the industry. For more comments from exhibitors and buyers, please visit the following websites:

HKTDC Hong Kong Toys & Games Fair: https://www.hktdc.com/event/hktoyfair/en/success-stories
HKTDC Hong Kong Baby Products Fair: https://www.hktdc.com/event/hkbabyfair/en/success-stories
Hong Kong International Stationery & School Supplies Fair: https://www.hktdc.com/event/hkstationeryfair/en/success-stories

Fair Websites
– HKTDC Hong Kong Toys & Games Fair: http://hktoyfair.hktdc.com/
– HKTDC Hong Kong Baby Products Fair: http://hkbabyfair.hktdc.com/
– Hong Kong International Stationery & School Supplies Fair: http://hkstationeryfair.com/
– Photo download: https://bit.ly/3GUCRtx

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 Communications & Public Affairs Department:
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org
Agnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@hktdc.org

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

Preservica Announces Partnership with Australia’s DatacomIT to Preserve and Future-Proof Access to Critical Long-Term Digital Information

BOSTON, MA, OXFORD, UK and MELBOURNE, AU, Jan 12, 2023 – (ACN Newswire) – Preservica, a global leader in Active Digital Preservation archiving, announced today their partnership with Australia's DatacomIT, a leading provider of specialised digitisation and hosted solutions for digital collections.

This partnership enables a seamless approach between digitisation and long-term Digital Preservation, with DatacomIT specialising in the conversion of analog materials to digital formats. Those who are already investing in digitisation will now be able to protect that investment by ensuring it is accessible, meets compliance and legal requirements, and is readable now and in the future with Preservica's Digital Preservation solution.

"DatacomIT is excited about our new partnership with Preservica," shared Eamonn Donohoe, General Manager, DatacomIT. "We can now offer our clients a one stop shop, from digitisation to Digital Preservation, and assist organisations to develop curation and preservation strategies. This partnership underpins our role as Australia's industry leader in digitisation and Digital Preservation, fulfilling our mission of securing the past for the future."

DatacomIT will offer consultation and implementation of Preservica's cloud-hosted editions, which are changing the way organisations around the world future-proof and access critical long-term digital information. Preservica's seamless application will bring together all the core elements of successful long-term Digital Preservation – durable storage, file format updates, and secure immediate access.

With over 40 years of experience offering digitisation solutions to cultural institutions, DatacomIT is a recognised leader in the GLAM sector, providing digitisation and Digital Preservation services for galleries, libraries, archives, and museums. Utilising proven leading-edge technologies, DatacomIT has established long-standing credibility within the archives and digitisation industry, preserving rare and fragile cultural heritage material including books, microfilm, microfiche, photographs, negatives, slides, maps, and large format material.

"We are delighted to offer Australian institutions an affordable and scalable way to preserve, curate and share their digital collections that document the vibrant history of the region," said Mike Quinn, CEO, Preservica. "DatacomIT customers can now confidently go from scanning to safeguarding digital content. We welcome them to our growing global user community that is choosing this holistic approach we call Active Digital Preservation."

Preservica's partnership with DatacomIT is the latest in their international momentum, having recently announced new government customers in Ireland, the Netherlands, and the UK.

Follow Preservica on Twitter ( https://twitter.com/preservica ), LinkedIn ( https://www.linkedin.com/company/preservica ) and Facebook ( https://www.facebook.com/Preservica ) to stay up to date and learn how to register your interest.

About Preservica

Preservica is transforming the way organisations around the world protect and future-proof critical long-term digital information. Available in the cloud (SaaS) or on-premise, our award-winning Active Digital Preservation software has been designed from the ground up to tackle the unique challenges of ensuring digital information remains accessible and trustworthy over decades.

It's a proven solution that's trusted by thousands of businesses, archives, libraries, museums and government organisations around the world, including the UK National Archives, Texas State Library and Archives, MoMA, Yale and HSBC.

www.preservica.com
Twitter: @Preservica
LinkedIn: @Preservica

Media Contact
Aleeza Goodman
York IE
aleeza@york.ie

SOURCE: Preservica

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

Chris Cassidy Joins Mojix as President and Chief Commercial Officer

Boca Raton, FL, Jan 11, 2023 – (ACN Newswire) – Mojix, a leading inventory management and supply chain traceability enterprise SaaS platform, is pleased to announce that Chris Cassidy has joined the company as President and Chief Commercial Officer. This announcement comes as the direct result of the tremendous success Mojix has attained over the past several years, as the company has recorded significant growth and improvements in revenue, customer expansion, and product innovation. Supporting these achievements, the company has developed strategic partnerships for serialization and RFID Barcoding used by leading food & beverage, luxury brand, manufacturing, industrial, aerospace & defense, and retail clients across the globe.

Chris Cassidy

Dan Doles, Mojix CEO, said, "Chris joins Mojix with more than 20 years of executive leadership in various supply chain management roles and brings deep domain expertise and a stellar track record working with leading global enterprises on digital transformation and supply chain optimization. Chris is a recognized expert in supply chain management, logistics, and enterprise supply chain SaaS solutions, across both customer operations, strategy, sales and marketing. We are excited to partner with Chris to further our long-term strategic vision and provide value to our customers as a best-in-class item-level traceability SaaS platform."

Before joining Mojix, Chris was EVP & Chief Revenue Officer at Trax Technologies. Previously, he held various supply chain leadership positions of increasing responsibility at Gartner, UPS, and GSK. He holds a BS in Industrial Engineering from Georgia Tech and an executive programme certification in supply chain management at MIT.

Pete Leibman, Managing Director of Peak Rock Capital, added, "the Board is thrilled to have Chris join the executive leadership team at Mojix, and exemplifies our commitment to drive accelerated growth in the years to come."

Chris stated, "I am both humbled and honored to be named President and Chief Commercial Officer of Mojix. I am excited to drive further acceleration of the company's growth as we continue to lead the industry in customer satisfaction, global program delivery and product innovation for end-to-end visibility and traceability. The aim is to continue leveraging the maturing serialization and RFID barcoding technology solutions with the purpose of driving smarter and intelligent insights. Through collaboration and innovation with our customers and strategic partners, our advances in bringing together the physical and financial data flows will empower global enterprise manufacturers, distributors, and retailers to improve visibility and traceability for optimized financial performance of their Supply Chain networks during these most uncertain of times. Our times require both an agile and resilient supply chain to manage cost-to-serve and inventory assets."

About Mojix

Mojix is a global leader in item-level supply chain intelligence software. The firm is leading the way in traceability solutions utilizing its high security, globally scalable cloud-native SaaS platform. Founded in 2004, the Company has deep domain expertise in serialization technologies such as RFID, NFC, and print-based marking systems. Mojix builds business intelligence from event-triggered actions tracking billions of unique identities, following item lifecycles from source to shelf. Companies can leverage the seamlessly integrated data to increase their sales and operational efficiency, reduce major risks and enhance their customer experience. With offices across the United States, Europe and South America, Mojix is now a recognized expert in end-to-end, item-level track and trace, product authentication and automated inventory management. Learn more at www.mojix.com

About Peak Rock Capital

Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock's equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital. Peak Rock's credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock's real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies. For further information about Peak Rock Capital, please visit www.peakrockcapital.com.

Editorial/Media Contacts
Jim Donaldson, Sr. Director, Corporate Communications
Mojix, Inc
(314) 223-4779
jim.donaldson@mojix.com

Helene de Lailhacar, VP Marketing
Mojix, Inc.
(33) 6 70 61 72 22
helene.delailhacar@mojix.com

(c) Mojix, Inc. Mojix and ytem are registered trademarks of Mojix, Inc.

SOURCE: Mojix, Inc

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

SCIB Proposes Private Placement to Raise Up to RM10.98 Million

KUCHING, MALAYSIA, Jan 11, 2023 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) is proposing a private placement to raise gross proceeds of up to approximately RM10.98 million for working capital, repayment of bank borrowings and estimated expenses for the proposed private placement.

Group MD and CEO of SCIB, Encik Rosland bin Othman

While the issue price and the actual number of shares to be issued will be determined later, under the maximum scenario in which all the Company's 245.18 million outstanding warrants are exercised, the proposed private placement will entail the issuance of up to 82.72 million placement shares at an indicative price of RM0.1327 per placement share to raise gross proceeds of up to approximately RM10.98 million. Under the minimum scenario, should none of the outstanding warrants be exercised, then gross proceeds raised will be RM7.72 million.

The proposed issuance represents not more than 10% of the issued shares as at the latest practicable date (LPD) of 30 December 2022 while the indicative price per share represents a discount of approximately 9.97% to the five-day volume weighted average market price of SCIB shares up to the LPD of RM0.1474. The proposed private placement may be implemented in several tranches within six months of approval from Bursa Securities Malaysia Berhad or any extended period approved by it until the conclusion of the next AGM.

The proposed private placement is undertaken in accordance with the approval obtained from the shareholders of the Company at the 46th AGM convened on 8 December 2022.

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

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

Minetech Awarded RM36.71 Million Mini-Hydro Project

KUALA LUMPUR, Jan 11, 2023 – (ACN Newswire) – Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer today announced that the Company's wholly-owned subsidiary, Techmile Resources Sdn Bhd (TRSB), has accepted a letter of award (LOA) from Tesdec Hydropower Sdn Bhd for the engineering, procurement, construction and commissioning (EPCC) of a 3MW mini-hydro power plant at Sungai Pelagat, Besut, Terengganu valued at RM36.71 million.

The project, which is expected to commence in January 2023, followed by construction in 2025, is expected to be completed by May 2027, comes under the Sustainable Energy Development Authority's (SEDA) feed-in-tariff (FiT) programme in which businesses or individuals that hold SEDA's feed-in approval certificate can sell RE at the FiT rate to distribution licensees such as Tenaga Nasional Berhad.

TRSB provides EPCC as well as maintenance, repair and overhaul (MRO) services for the energy industry. Tesdec Hydropower is a sub-subsidiary of Tesdec Berhad through its subsidiary, Tesdec Services Sdn Bhd. Tesdec is wholly-owned by the Terengganu government while Tesdec Hydropower is principally involved in renewal energy (RE) activities, development and facilities in the state.

Dato' (Dr). Ts. Awang Daud bin Awang Putera, Executive Chairman of Minetech said, "This project represents for us another step forward in our venture into RE that began in 2020 as part of an organisational transformation at Minetech, which includes diversification and rationalisation. Our move into RE enables us to partake in the development of a sustainable economy that is in line with initiatives in recent years to be greener and ensure social wellbeing."

"The 3MW mini-hydro power plant project will allow us to also showcase what Minetech is capable of as we seek more opportunities in RE. As a registered solar photovoltaic investor with SEDA and the owner of a 9.99MW AC floating solar power plant located in Pantai Remis, Perak, we are also able to sell electricity to government agencies, businesses and individuals under SEDA's Net Energy Metering Programme or NEM 3.0."

YAB Dato' Seri Dr. Ahmad Samsuri bin Mokhtar, Menteri Besar of Terengganu said, "The state government is committed to driving economic growth through such projects where positive spillover effects include lowering greenhouse gas emissions, mitigating the impact of human activities to the environment and safeguarding the wellbeing of communities through socio-economic progress".

Chairman of Tesdec Hydropower, YB Ir. Saiful Azmi bin Suhaili said, "We are pleased to initiate this renewable energy project that will bring benefits to the people of Terengganu by providing a stable and clean source of electricity that can also support essential backup power should there be power outages or disruptions."

The LOA signing ceremony was held at Primula Beach Hotel, Kuala Terengganu and were witnessed by Terengganu Menteri Besar, YAB Dato' Seri Dr. Ahmad Samsuri bin Mokhtar and Executive Chairman of Minetech, Dato' (Dr). Ts. Awang Daud bin Awang Putera. Executive Directors, Ts. Azlan Shah bin Zainal Arif and Mr Matt Chin signed on behalf of TRSB while Directors, Ir. Rosdan bin Ismail and Ts. Shahidan Izham bin Yeop Ibrahim, signed for Tesdec Hydropower.

Image Caption
From L-R:
1. Ts. Shahidan Izham bin Yeop Ibrahim, Director of Tesdec Hydropower Sdn Bhd
2. Ir. Rosdan bin Ismail, Executive Director of Tesdec Hydropower Sdn Bhd
3. YB Ir Saiful Azmi, Chairman of Tesdec Hydropower Sdn Bhd
4. YAB Dato' Seri Dr Ahmad Samsuri bin Mokhtar, Menteri Besar of Terengganu
5. Dato' (Dr). Ts. Awang Daud bin Awang Putera, Executive Chairman of Minetech Resources Bhd
6. Ts. Azlan Shah bin Zainal Arif, Executive Director of Minetech Resources Bhd
7. Matt Chin Leong Choy, Executive Director of Minetech Resources Bhd
https://www.acnnewswire.com/topimg/Low_Minetech02301111.jpg

From L-R (Standing):
1. YB Ir Saiful Azmi, Chairman of Tesdec Hydropower Sdn Bhd
2. YAB Dato' Seri Dr Ahmad Samsuri bin Mokhtar, Menteri Besar of Terengganu
3. Dato' (Dr). Ts. Awang Daud bin Awang Putera, Executive Chairman of Minetech Resources Bhd
From L-R (Seated):
1. Ts. Shahidan Izham bin Yeop Ibrahim, Director of Tesdec Hydropower Sdn Bhd
2. Ir. Rosdan bin Ismail, Executive Director of Tesdec Hydropower Sdn Bhd
3. Ts. Azlan Shah bin Zainal Arif, Executive Director of Minetech Resources Bhd
4. Matt Chin Leong Choy, Executive Director of Minetech Resources Bhd
https://www.acnnewswire.com/topimg/Low_Minetech02301112.jpg

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

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

Society Pass (Nasdaq: SOPA) to Present at Sidoti Virtual Investor Conference 18-19 January 2023

SINGAPORE, Jan 11, 2023 – (ACN Newswire) – Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces Dennis Nguyen, Founder/Chairman/CEO will present and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference, taking place on 18-19 January 2023.

The presentation will begin at 4:00 PM on Wednesday, 18 January 2023 at in Estate 4 and can be accessed live here. https://sidoti.zoom.us/webinar/register/WN_ZPDz2TnkR9eknfGKZN2UGQ

SOPA will also host virtual one-on-ones with investors on Wednesday and Thursday, 18-19 January 2023. To register for the presentation or one-on-ones, visit www.sidoti.com/events.

About Sidoti & Company

For over two decades, Sidoti & Company has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm's approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America. http://www.sidoti.com/

About Society Pass Inc.

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

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

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

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

For more information on Society Pass, please review the following online information which is not part of this press release:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

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

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

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

2023 Toys & Games Fair, Baby Products Fair, Stationery & School Supplies Fair Open Today

HONG KONG, Jan 9, 2023 – (ACN Newswire) – As the first round of Hong Kong Trade Development Council (HKTDC) 2023 trade shows, the 49th HKTDC Hong Kong Toys & Games Fair, the 14th HKTDC Hong Kong Baby Products Fair and the 21st Hong Kong International Stationery and School Supplies Fair, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd, kick off today at the Hong Kong Convention and Exhibition Centre. The three fairs will run concurrently until 12 January and bring together more than 1,000 exhibitors to showcase a wide range of inspiring toys, quality baby products and creative stationery.

The physical Hong Kong Toys & Games Fair, Hong Kong Baby Products Fair and Hong Kong International Stationery & School Supplies Fair open today and run until 12 January 2023 at the Hong Kong Convention and Exhibition Centre.

Bernard Chan, Acting Secretary for Commerce and Economic Development, delivered an opening speech at the opening ceremony this morning.

Brand Name Gallery at the Hong Kong Toys & Games Fair and Hong Kong Baby Products Fair presents branded products with outstanding design and innovative functions from over 120 internationally renowned brands.

Sophia Chong, Deputy Executive Director of the HKTDC, said: "With the first phase of the resumption of quarantine-free travel between Hong Kong and Mainland China starting yesterday (8 January), Hong Kong's business travel is gradually returning to normal. The HKTDC continues to help companies seize opportunities, welcoming over 250 exhibitors from the mainland at the Toys & Games Fair. The Fair is supported by the Guangdong Province Department of Commerce's Cantonese Business Go Global programme, attracting over 120 exhibitors alone, and more than 1,000 representatives from Guangdong enterprises are expected to participate in the three fairs in-person."

Ms Chong added: "We are pleased to see that exhibitors at the three fairs are ready to showcase a wide range of uniquely designed toys products, quality and safe products for babies and children as well as personalised and eco-friendly stationery."

Hong Kong Toys Industry Conference 2023: latest trends and keys to success

The three fairs, themed Play To Bond – Family and Beyond, have attracted exhibitors from 17 countries and regions. One of the flagship events, the Hong Kong Toy Industry Conference 2023, opens tomorrow themed The Future of Play. Clifton Chiu, Research Analyst, Toys and Games of Euromonitor International will present the toy industry's key trends, while toy industry players will share how to succeed in the business. E-payment agencies and e-commerce companies will also discuss expanding your business through e-commerce. In addition, there will be seminars on smart toys and electronic games, baby products' market trends, the latest toy safety regulations, toy specifications, testing and certification and other topics.

The Hong Kong Toys & Games Fair and Hong Kong Baby Products Fair have various themed zones for easy sourcing. The highlighted Brand Name Gallery showcases branded products with eye-catching designs and innovative functions, featuring over 120 internationally renowned brands, including 4D Master, Eastcolight, Hape, KEEPPLEY, Ming the Minibus, Welly, Winfun and Marcus & Marcus. During the epidemic, school closures kept children at home for long periods, making educational toys a popular choice.

The Smart-Tech Toys zone presents toys and games that incorporate innovative technology, such as artificial intelligence (AI) and augmented reality (AR), allowing consumers to learn while having fun. Kidult World features products for grown-ups, such as model mechs and vintage Paper Cardboard Vending Machine, filled with childhood memories. This year, more than 100 exhibitors showcase green toys, and a special Green Toys label helps buyers identify and source eco-friendly toys, one of the most popular product categories in the industry.

The Hong Kong Baby Products Fair continues to receive support from the Korea Trade-Investment Promotion Agency and the Hong Kong Children, Babies, Maternity Industries Association, and once again has two pavilions, bringing diverse baby products to buyers. The popular Korea Pavilion showcases baby fashion, health and bath products, maternity products and more. The Strollers and Gear zone showcases strollers, car seats and bassinets. Other highlighted theme zones include Baby Bedding Items and Furniture and Feeding and Nursery Products.

Jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd, the Hong Kong International Stationery and School Supplies Fair features the latest in creative art supplies, gift stationery, school and office supplies. The organisers continue to cooperate with renowned industry associations in different regions, including the Malaysia Stationery Importers and Exporters Association, the Federation of Stationers and Booksellers Association of Malaysia, the Taiwan Association of Stationery Industries, and the Thai Stationeries and Office Supplies Association, to promote the fair to their respective members.

The Hong Kong Toys & Games Fair, Hong Kong Baby Products Fair and Hong Kong International Stationery & School Supplies Fair run under the EXHIBITION+ hybrid model, which includes HKTDC-organised physical fairs, the smart business-matching platform Click2Match, online-to-offline seminars under the Intelligence Hub, and the hktdc.com sourcing platform. This extends face-to-face interactions from physical exhibitions to an online smart business-matching platform to help enterprises connect with business partners proactively. The Click2Match platform for the three fairs will be accessible until 19 January, allowing exhibitors and buyers to continue to conduct business discussions online after the physical show.

Fair Websites
– HKTDC Hong Kong Toys & Games Fair: http://hktoyfair.hktdc.com/
– HKTDC Hong Kong Baby Products Fair: http://hkbabyfair.hktdc.com/
– Hong Kong International Stationery & School Supplies Fair: http://hkstationeryfair.com/
– Photo download: https://bit.ly/3vOO1uA

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 & Public Affairs Department:
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org
Agnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@hktdc.org

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

Elcogen AS: MOU with Korea Shipbuilding and Offshore Engineering and Fraunhofer Institute for Ceramic Technologies and Systems

TALLINN, EE, Jan 9, 2023 – (ACN Newswire) – Elcogen, the European manufacturer of clean energy technology that delivers affordable green hydrogen and emission-free electricity, is pleased to announce the signing of a Memorandum of Understanding ("MOU") with Korea Shipbuilding and Offshore Engineering ("KSOE"), a member of Hyundai Heavy Industries Group ("HHI Group"), and the Germany based Fraunhofer Institute for Ceramic Technologies and Systems ("IKTS"). The MOU was signed at recently held CES 2023 in Las Vegas.

The MOU covers close R&D collaboration in the fields of green hydrogen production and emission-free power generation systems. KSOE is a research-oriented intermediate holding company of Hyundai Heavy Industry (HHI) group, one of the world's largest shipbuilders and is headquartered in Seoul, South Korea. In its own research centers, KSOE is pursuing the development of innovative technologies, including emission-free power generation and hydrogen value chain.

Click on, or paste the following link into your web browser, to view the full announcement:
http://www.rns-pdf.londonstockexchange.com/rns/0647M_1-2023-1-9.pdf

For further information please visit https://elcogen.com/ or contact:

Elcogen AS
Marek Roostar
marek.roostar@elcogen.com
+372 53 84 6006

Tavistock (Corporate and Financial PR)
Simon Hudson / Nick Elwes / Rebecca Hislaire
elcogen@tavistock.co.uk
+44 20 7920 3150

For more information about KSOE, please visit http://ksoe.co.kr/en/about01

For more information about IKTS, please visit https://www.ikts.fraunhofer.de/en/aboutus.html

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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

Malaysian Genomics Explores R&D Collaboration with SIRIM

PETALING JAYA, Malaysia, Jan 9, 2023 – (ACN Newswire) – Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, is pleased to announce a strategic cooperation with SIRIM Berhad, to explore the commercialisation of joint research and development (R&D) projects in the medical and biotechnology fields.

Encik Sasha Nordin, Chief Executive Officer of Malaysian Genomics

SIRIM Berhad is wholly owned by the Malaysian Government, and is focused on R&D, standardisation and quality. The organisation acts as a catalyst for industrial development through programmes involving technology and standardisation.

Under the strategic cooperation, both parties will evaluate the potential commercial value of a range of genomics-driven biotechnology R&D projects. These include developing biofuels and biopharmaceuticals, companion diagnostic tests for cancer treatment, and bioactive cosmeceuticals.

Encik Sasha Nordin, Chief Executive Officer of Malaysian Genomics, said, "SIRIM and Malaysian Genomics have complementary experiences, resources, and technology assets. Teams from both organisations have met to explore their research and develop interests in precision medicine, food security, and products for the consumer market. This strategic collaboration will pave the way for individual agreements specific to projects for which commercial opportunities have been identified."

President and Group Chief Executive Officer of SIRIM Berhad, Dato' Indera Dr Ahmad Sabirin Arshad said, "We look forward to working closely with Malaysian Genomics on R&D projects that can benefit the country and domestic industries. This strategic collaboration will expedite the relevant processes to ensure that both parties can explore the commercial viability of projects, before commencing research, development and commercialisation."

The parties of this two-year strategic collaboration will also jointly source for suitable private and public institutional partners for the funding and commercialisation of these projects.

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

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

Director-General of Investment Promotion visits Indonesia and Singapore to promote Hong Kong’s business opportunities

HONG KONG, Jan 9, 2023 – (ACN Newswire) – The Director-General of Investment Promotion at Invest Hong Kong (InvestHK), Mr Stephen Phillips, today (January 9) embarked on a duty visit to Jakarta, Indonesia, and Singapore this week as part of the latest efforts of InvestHK to promote Hong Kong's business attractions, including the opportunities arising from the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Mr Stephen Phillips

During the visit, Mr Phillips will be meeting with representatives of companies from financial services and family offices, innovation and technology, transport, infrastructure and advanced manufacturing, creative industries, and business and professional services sectors to discuss their plans of setting up or expanding operations in Hong Kong and other parts of the GBA.

Mr Phillips will also host a business roundtable cum luncheon for member companies of the Employers' Association of Indonesia in Jakarta to provide an update on business opportunities and talent initiatives in Hong Kong. In Singapore, he will conduct two roundtables jointly organised with the Good City Foundation and the Association of Small & Medium Enterprises respectively, to share with them the latest initiatives and opportunities of the family offices sector in Hong Kong.

Mr Phillips said, "Hong Kong remains the only place in the world where the global advantage and the China advantage come together in a single city. This unique convergence makes Hong Kong the irreplaceable connection between the Mainland and the rest of the world. The city is an ideal location for overseas and Mainland companies, as well as entrepreneurs from around the world, as a base to set up or expand their business in Hong Kong, the GBA, China, and Asia more widely."

He added, "Hong Kong offers Indonesian and Singaporean companies a wide range of routes to growth opportunities. I look forward to sharing with representatives of companies and entrepreneurs the up-to-date and real situation in Hong Kong, and particularly how they can use Hong Kong to seize opportunities, including those arising from the GBA."

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