Tag: Local Biz

The 17th Asian Financial Forum concludes successfully

  • The 17th AFF concluded today, attracting over 3,600 policymakers and business leaders from more than 50 countries and regions who actively joined vibrant discussions, fostering sustainable development and multilateral cooperation and showcasing Hong Kong’s vibrant economy, setting the stage for conferences and exhibitions in the new year
  • The Forum arranged over 700 one-on-one meetings, successfully connecting investors with project owners and exploring opportunities in various industries
  • The AFF facilitated the signing of MoUs and agreements, including the Comprehensive Avoidance of Double Taxation Agreement between Hong Kong and Croatia and Memorandum of Understanding between the Financial Services Development Council and Financial Sector Development Program of Saudi Arabia, deepening business collaborations
  • On-site polling during the Forum showed that most participants considered the digital economy (31.4%) and electric vehicles (26.1%) the most promising industries in Mainland China

HONG KONG, Jan 25, 2024 – (ACN Newswire) – The 17th Asian Financial Forum (AFF), jointly organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), successfully concluded today, attracting over 3,600 financial and business elites from more than 50 countries and regions, including over 70 overseas and Mainland China delegations. The Forum showcased Hong Kong’s thriving economy as participants explored opportunities, accelerated sustainable development and multilateral cooperation and launched Hong Kong’s conferences for the year.

The event was marked by a vibrant atmosphere. Various segments – including the opening session, plenary discussions, policy dialogue, keynote luncheons and cocktail reception – were well attended. Leaders from around the world actively engaged in discussions.

In just two days, the Forum arranged over 700 one-on-one meetings, successfully connecting investors with project owners and exploring opportunities for industry and investment cooperation. After the Forum’s conclusion, participants will have the opportunity to continue discussions and meetings online from tomorrow until 30 January (Tuesday).

Over the two-day physical event, the AFF brought together more than 140 policymakers, international financial and multilateral organisation representatives, financial institutions and corporate leaders from around the world as speakers.

On the first day of the Forum, Prof Jeffrey D Sachs, President of the UN Sustainable Development Solutions Network, addressed the keynote luncheon, affirming the importance of Hong Kong as an international financial centre. He said that global cooperation could help solve problems that were even beyond our reach. He believed Hong Kong could play a full role in sustainable development financing, an increasingly important area.

One of the highlights of this year’s AFF was the Plenary Session I – Charting the Path to a Shared Future, hosted by Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR, bringing together financial officials from around the world to discuss economic challenges countries face. Julapun Amornvivat, Deputy Minister of Finance, Thailand, said: “The Asian Financial Forum is the place where both the public and private sectors can have honest discussions to find solutions to tackle major problems today and transform the economy for the future.” H.E. Dr Mohamed Maait, Minister of Finance, Egypt, mentioned that the world was grappling with rising geopolitical tensions and a lack of clarity about the future, weighing on the achievement of sustainable economic growth. To address global challenges, the world needed to deploy all efforts to coordinate economic policies on a multilateral scale.

On the second day, the Breakfast Panel focused on Unleashing the Dragon’s Currency: Navigating Renminbi Internationalisation on the Global Stage, allowing participants to delve into the renminbi’s growing use worldwide and trends in international demand. Prof Douglas W Diamond, Nobel Laureate in Economic Sciences in 2022 and Merton H Miller Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business, addressed the Keynote Luncheon on the second day, which was moderated by Raymund Chao, Asia Pacific and China Chairman, PwC.

Global Spectrum, Dialogues for Tomorrow and Fireside Chat brought together pioneers from various industries to discuss a host of topical subjects, explored the latest Web 3.0 and virtual asset development, the future of fintech innovation, CIO Insights, green finance and opportunities in new markets. Speakers included Bob Prince, Co-Chief Investment Officer of Bridgewater Associates, Dr Ma Jun, Chairman and President, Hong Kong Green Finance Association (HKGFA), Guinandra (Andra) Jatikusumo, Group Director and Chief of Investments & Business Development of CT Corp, Darmawan Junaidi, President Director, Bank Mandiri, Yat Siu, Co-Founder and Executive Chairman, Animoca Brands, and more.

Understanding prospects for mainland industries, environmental economics

To gauge participants’ views on the global economic outlook this year, the Forum conducted on-site voting during panel discussions. For instance, at the Panel Discussion on Global Economic Outlook, participants were asked about the greatest threats or uncertainties to economic growth in the Asia-Pacific. Most attendees identified geopolitical fragmentation (66.7%) as the biggest challenge, followed by a slowdown in the recovery momentum in key economies (17.7%), persistent inflation (6%), a tightened monetary environment (4.2%), continued supply chain reshaping (3.6%) and other factors (1.8%).

In the newly introduced Panel Discussion on Stewarding China’s New Chapter, participants were asked about the most promising industries in Mainland China. The digital economy took top spot with 31.4%. Electric vehicles (26.1%) and renewable energy (18.8%) followed in second and third place, respectively. Advanced manufacturing (15.8%), other industries (4.2%) and electronic devices (3.2%) ranked subsequently.

Over 700 matching sessions held on-site, online platform continues to yield results

Through the years, the Forum has played a crucial role in deepening business and trade collaboration. AFF Deal-making, a global investment project-matching event jointly organised by the HKTDC and Hong Kong Venture Capital and Private Equity Association (HKVCA), was well received, facilitating over 700 one-on-one meetings, connecting funds and investment projects from around the world. The founder of one of the start-ups from Thailand said he had met 20 visitors with potential deals, ranging from a family office to a legal adviser. He also commented that the geographical diversity of the visitors at Deal-making was extensive, ranging from India to Europe and Japan. The deal-making session had presented valuable opportunities to find potential business partners.

This year’s AFF also facilitated the signing of various Memorandums of Understanding (MoUs) and Agreement. These included the Comprehensive Avoidance of Double Taxation Agreement between Hong Kong and Croatia and Memorandum of Understanding between the Financial Services Development Council and Financial Sector Development Program of Saudi Arabia.

The Forum also featured exhibition zones including the Fintech Showcase, Fintech HK Startup Salon, the InnoVenture Salon and Global Investment Zone, presenting innovative solutions from international financial institutions and introducing prospective unicorns from Hong Kong and around the world. The exhibition segment brought together over 140 exhibitors, including international financial institutions, technology companies, start-ups, investment promotion agencies, and sponsors, including knowledge partner PwC, along with HSBC, Bank of China, Standard Chartered Bank, UBS, China International Capital Corporation (CICC), Huatai International and Cyberport.

The 2024 International Financial Week (IFW) commenced on 24 January to create synergies, bringing together over 20 partner events. These events cover a many topics of global interest to the financial and business community. They include private equity investment, alternative investments, sustainable investments, family offices and women’s empowerment, among others. These events highlight the role of Hong Kong as an international financial centre.

To seize opportunities and promote the conference and event economy, the AFF collaborated with various organisations to arrange activities for participants beyond the Forum. These activities included free admission to the Hong Kong Palace Museum, Hong Kong’s iconic Aqua Luna red-sail junk boat, TramOramic tour and open-top Big Bus arranged by the Hong Kong Tourism Board. These experiences allowed forum guests to feel at home and appreciate the vibrancy and diversity of Hong Kong.

Furthermore, to provide overseas participants with a better understanding of the Guangdong-Hong Kong-Macao Greater Bay Area and the vast business opportunities within, organisers will lead a delegation to Shenzhen tomorrow (26 January), including corporate visits and exchange activities.

  

Websites
Asian Financial Forum: https://www.asianfinancialforum.com/aff/

Photos Download: https://bit.ly/3SvMXru

The 17th Asian Financial Forum, jointly organised by the HKSAR Government and the HKTDC, concluded successfully, attracting over 3,600 financial and business elites who actively participated in the event, creating a vibrant atmosphere for exchanges and showcasing Hong Kong’s thriving economy

Prof Jeffrey D Sachs, President of the UN Sustainable Development Solutions Network, addressed the Keynote Luncheon on the first day

Prof Douglas W Diamond, Nobel Laureate in Economic Sciences in 2022 and Merton H Miller Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business, delivered insightful remarks during the Keynote Luncheon on the second day

Bob Prince, Co-Chief Investment Officer of Bridgewater Associates, an investment veteran, shared his experience in leadership transfer, markets views and investment tactics in Mainland China

The AFF Deal-making, an investment project matchmaking event organised by the HKTDC and the HKVCA, drew strong interest, facilitating over 700 one-on-one meetings and connecting funds and investment projects from around the world, involving more than 270 investors and over 560 projects

Representatives from Hong Kong and Croatia sign the Comprehensive Avoidance of Double Taxation Agreement

The Financial Services Development Council and Financial Sector Development Program of Saudi Arabia sign their MoU

The cocktail reception on the first day invited Paul Chan, Financial Secretary of HKSAR; Dr Peter KN Lam, Chairman of the HKTDC and Luanne Lim, Chairperson of the AFF Steering Committee and Chief Executive, Hong Kong, HSBC, to deliver speeches, fostering lively exchanges among guests from around the world

  

Media enquires

Yuan Tung Financial Relations:
Anson Wong, Tel: (852) 3428 3413, Email: awong@yuantung.com.hk
Tiffany Leung, Tel: (852) 3428 2361, Email: tleung@yuantung.com.hk
Hing-fung Wong, Tel: (852) 3428 3122, Email: hfwong@yuantung.com.hk

HKTDC’s Communications & Public Affairs Department:
Katy Wong, Tel: (852) 2584 4524, Email: katy.ky.wong@hktdc.org
Snowy Chan, Tel: (852) 2584 4525, Email: snowy.sn.chan@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com

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



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CRN Recognizes Dazz as a Cloud 100 Company for 2024

PALO ALTO, CA, Jan 22, 2024 – (ACN Newswire) – Dazz, the leader in security remediation, today announced that CRN®, a brand of The Channel Company, has named Dazz to its annual Cloud 100 list. This list honors the 100 leading cloud companies for 2024 across five key categories: infrastructure, monitoring and management, storage, software, and security.

CRN’s Cloud 100 list spotlights technology suppliers for their commitment to channel partners as well as their demonstrated innovation in cloud-based technology development. This list is the trusted resource for solution providers looking for technology vendors best positioned to support their cloud product and services needs.

The Dazz Unified Remediation Platform gives CISOs holistic visibility across all their environments and detection tools for faster response to security issues, which is invaluable in the wake of increased regulations to disclose and fix cybersecurity risks. The platform features several patent-pending technologies that trace any security finding to resources up and downstream, including resources that originate security issues and those that are impacted by them. Armed with automated root cause analysis, security and development teams leverage Dazz assistive and automatic remediation actions to reduce mean-time-to-remediate (MTTR). According to a recent IDC research paper, Dazz customers reduce the time to remediate by as much as 90 percent.

“We are honored to be recognized by CRN as one of the top 100 cloud companies for 2024, and take pride in empowering security leaders with an industry-first remediation solution that covers everything organizations they develop and run in code, clouds, applications, and infrastructure,” says Merav Bahat, Co-Founder and CEO at Dazz. “As security leaders navigate new regulatory demands and an ever-changing threat landscape, we look forward to collaborating with our partners to deliver significant value to our customers, including faster fixes, increased productivity, and greater business innovation.” 

“As migration to the public cloud and cloud-based software accelerates, enterprises increasingly depend on innovative, secure cloud services to harness the cloud’s agility and scalability,” said Jennifer Follett, VP, US Content and Executive Editor, CRN, The Channel Company. “The companies selected for this year’s Cloud 100 list demonstrate a strong commitment to supporting cloud computing solution providers with leading-edge products and services. Congratulations to those on this year’s list! We look forward to seeing how they propel innovation and channel success in cloud computing throughout the year ahead.”

CRN’s Cloud 100 list will be featured in the February 2024 issue of CRN magazine and online at www.crn.com/cloud100.

Follow The Channel Company: Twitter, LinkedIn and Facebook

© 2024 The Channel Company, Inc. CRN is a registered trademark of The Channel Company, Inc. All rights reserved.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Philippines job market records a 10% surge in annual hiring: foundit Insights Tracker

Manila, Philippines, Jan 22, 2024 – (ACN Newswire) – foundit (formerly Monster APAC & ME), one of the leading talent  platforms, today published the foundit Insights Tracker (fit) for December 2023, formerly published as Monster Employment Index (MEI). According to the Philippines fit report, there was a (10%) increase in the annual hiring activity from December 2022 to December 2023. The index reached 128 in December 2023, marking a significant leap from 116 in December 2022.

According to the tracker, the hiring activity in the region has been gradual and has revealed a continuous improvement in the labour market. There was a (10%) rise in hiring activity in December as well, as November reflected an index value of 116 (Same as Dec’22). Additionally, even the last three months saw an (8%) uptick in hiring activity in the Philippines. This surge in job opportunities, especially in the last month of 2023, was fuelled by heightened regional holiday spending, which led to an increased demand for goods and services. This provided a substantial boost to the job market, and with the upskilling initiatives by the Filipino Government, there has been a significant rise in the employment rate.

Commenting on the Philippines job trends for December 2023, Sekhar Garisa, CEO, foundit, said, “We have stepped into 2024 by showcasing remarkable growth and resilience across sectors. In this dynamic landscape, we need to also fundamentally reimagine the approach we take for recruitment. AI is now a global reality, and the local workforce needs to enhance its core competence. With the support and initiatives from the Filipino government and private sectors, issues concerning the ease of doing business, power, and upskilling would be addressed. The final quarter marked the economy’s best performance in the year 2023. We are hopeful that this encouraging trend would further push for good numbers in the region.”

Retail, Education, BPO/ITES, and Healthcare sectors lead in hiring activity, while the IT, Telecom/ISP, Consumer Goods/FMCG, Food & packaged Food, and BFSI industries witness a drop in recruitment

The fit reveals that the retail sector continued to dominate the job market with a (60%) increase in online hiring demand, driven by heightened demand for goods and services during the festive season. Simultaneously, the upskilling initiatives and apprenticeship programs initiated by the Government, has led to a (49%) increase in hiring in the education sector. Other sectors that have presented a positive trajectory include the BPO/ITES and Healthcare industries, witnessing an (11%) increase in hiring activity in both sectors. The healthcare sector in the region has always been welcoming of more doctors and nurses and the Philippines, being a large and popular market for the BPO sector, showcased a (9%) increase in hiring activity in November 23’ as well. Among others, Engineering, Construction, and Real Estate (+9%), Logistics, Courier/ Freight/ Transportation, Shipping (+7%), Advertising, MR, PR, Media & Entertainment (+6%) and Hospitality (+4%) registered positive growth trends.

Conversely, certain sectors such as IT, Telecom/ISP and BFSI faced significant challenges owing to the skill gaps and global competition existing in the market, registering negative growth of (-18%) and (-4%) simultaneously. Logistics has always been a challenge for the Philippines, the scattered demand market makes it difficult for industries such as Consumer Goods/FMCG, Food & Packaged Food to flourish in the region, indicating a (-14%) annual downturn. However, basis the tracker, these sectors have exhibited growth in job demand over the last month, indicating a potential shift in the hiring landscape. Other sectors that have displayed fewer annual opportunities in December ’23 include Production/Manufacturing, Automotive and Ancillary industries (-1%).

Customer Service, HR & Admin, and Marketing & Communications professionals lead the hiring trends

Customer service professionals witnessed a remarkable (26%) surge in hiring, primarily attributed to the continuous expansion within the BPO sector. To counter the impact of inflation,  the Filipino government is taking intiatives to support  and empower the workforce and entrepreneurs to reach their full potential. To sustain a robust economy, it is crucial to attract and retain top talent. Following closely, HR & Admin professionals experienced an (18%) increase, while marketing & communications professionals also made a noteworthy stride with a (17%) growth in hiring demand over the year.

Other functions to witness a subsequent increase in hiring activity in December ’23 include Purchase/Logistics/Supply Chain (+15%), Sales & Business Development (+4%), Engineering/Production/Real Estate (+4%), Hospitality & Travel (+3%) and Software, Hardware, Telecom (+6%). The only functionthat showcased a minute decrease in hiring in December ’23 was  finance & accounts (-1%) . Meanwhile, Healthcare (0%) roles maintain a consistent but muted demand annually during the same period.

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

Period for the report 

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

About foundit – APAC & Middle East 

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

To learn more, about foundit in APAC & Gulf,

Visit:  www.foundit.com.ph  | www.foundit.my | https://www.foundit.in| https://www.founditgulf.com |https://www.foundit.sg | www.foundit.com.hk | https://www.foundit.id

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



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NSE is the world’s largest derivative exchange for fifth consecutive year: Ranks 3rd largest globally in equity segment in calendar year 2023

MUMBAI, INDIA, Jan 19, 2024 – (ACN Newswire) – NSE Group (National Stock Exchange of India and NSE International Exchange) has once again emerged as the world’s largest derivatives exchange group in calendar year 2023 by number of contracts traded based on statistics published by Futures Industry Association (FIA), a derivatives trade body.

National Stock Exchange of India (NSE) is the world’s largest derivatives exchange for the fifth consecutive year in 2023. NSE is ranked 3rd in the world in equity segment by number of trades (electronic order book) in 2023, as per the statistics maintained by World Federation of Exchanges (WFE).

The year has witnessed many milestones such as market capitalization of listed companies surpass USD 4 trillion, SME listed companies surpassed the Rs 1,00,000 crore mark and the Nifty 50 index surpassed the 20,000 index levels for the first time. The number of unique registered investors on the exchange surpassed 8.5 crores at the end of the calendar year.

NSE has witnessed year on year growth in number of clients traded for the 10th consecutive year beginning 2014 to 2023 in its equity segment. The year also saw record high turnover on single day in equity segment of Rs 167,942.47 crores on November 30, 2023, and Rs 381,623.12 crores on December 2, 2023, in the equity derivatives segment. The equity derivatives to cash market turnover ratio marginally declined this year from 2.86 in calendar year 2022 to 2.64 in calendar year 2023.

The equity segment completed its transition for settlement of all securities on T+1 basis. In the primary market, the timeline for listing of securities has been shortened to T+3 days.

Exchange launched the Social Stock Exchange as a segment this year which will facilitate the social enterprises (NPO and FPE) to showcase their work to a wider audience & mobilize funds through issuance of instruments such as Zero Coupon Zero Principal Bonds, thereby allowing participants to participate in philanthropic causes and bring in efficiency & transparency in the overall ecosystem. The segment has seen registrations by 42 Non-Profit Organizations (NPOs) and fund raising by one NPO.

In the commodity derivatives segment, the exchange has launched 21 new commodity derivatives contract including commodity options on futures contracts on underlying such as WTI Crude Oil, Natural Gas, Gold, Silver, and Base metals. 

NSE International Exchange (NSE IX), commenced its full-scale operations of the NSE IX-SGX GIFT Connect from July 3, 2023, paving way for creating deeper liquidity pool for Nifty products at GIFT IFSC. GIFT NIFTY contracts are available for trading for almost 21 hours, which overlaps Asia, Europe, and US trading hours.

Shri Sriram Krishnan, Chief Business Development officer, NSE said, “Ranking 3rd in the equity segment and being the largest derivatives exchange demonstrates the strong capabilities of Indian capital market ecosystem on the global map. This will help attract new investors as well as fund flows to Indian markets, thereby aiding capital formation. I take this opportunity to thank Government of India, Securities and Exchange Board of India, Reserve Bank of India, Trading members, Investors, and all other stakeholders for their continued support.”

About National Stock Exchange of India Limited (NSE):

National Stock Exchange of India (NSE) is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2023. NSE is ranked 3rd in the world in equity segment by number of trades (electronic order book) in 2023, as per the statistics maintained by World Federation of Exchanges (WFE).  NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading, clearing members and listed companies with the rules and regulations of SEBI and the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology.

For more information, please visit: www.nseindia.com

For any media queries please contact:

Arijit Sengupta – Chief Marketing and Communications Officer
Kumar Kartikey – Associate Vice President, Corporate Communications
Priyanka Roy – Senior Manager, Corporate Communications

Email ID:  cc@nse.co.in



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Reports New Discovery: Gold Rich Zone Within the South Lisle Zone – Drill Interval of 405m of 0.21 g/t Gold (0.84% CuEq) That Extends the Main Lisle Deposit by 240 Meters

Vancouver, British Columbia–(ACN Newswire – January 16, 2024) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the “Company or “Doubleview”) is pleased to announce drilling has extended the Lisle deposit 240m south, resulting in the discovery of the Company’s highest gold grades to date at its polymetallic Hat porphyry project, located in the Golden Triangle of northwestern British Columbia, Canada.

Drill holes H060, H061, H062 and H063, as shown in Figures 1 and 2, expand the Lisle Deposit by additional 240m to the south, called the Gold Rich Zone. This zone will increase the volume of mineralization that will be included in the maiden resource estimate which is being prepared by an independent engineering group and is expected in Q1 of 2024.

The South Lisle zone now extends the Main Lisle zone for 360m, please refer to the Company’s news release dated October 24th 2023, and further more assays are pending for this Gold Rich Discovery zone.

Drill hole H063 marks the highlight of this group of drill holes with 0.21 g/t gold over 405m. The interval represents almost the entire drill hole. Remarkably, the Gold Rich Zone continues assaying similarly high values for scandium as in other parts of the deposit, in this case 25.5 g/t over 405m. With drill holes H061 to H063 the Company tested a lower zone of an IP anomaly. Notably, the assay results suggest a continuation of the deposit.

The following Table 1 shows numerous high-grade gold samples within the named drill holes, continuing to demonstrate the richness of this porphyry deposit. Remarkably, within H063 is the highest yet assayed gold drill sample of the project with 18.4g/t gold over 1m which is closely followed by a second 13.4 g/t gold sample over 1m. Cobalt strongly shows with 0.233% and 0.198% respectively, and copper assays values 1.87% and 1.95% to these samples.

DDH From
(m)		 To
(m)		 Interval
(m)		 Ag (ppm) Au (ppm) Co (ppm) Cu (%) Sc (ppm)
H060 74.7 76 1.3 3.51 1.88 201.0 0.55 32.6
H060 76 77 1 1.39 1.82 1095.0 0.20 16.7
H060 81 82 1 0.34 3.50 220.0 0.04 29.9
H060 204 205 1 0.27 1.93 92.9 0.19 56.7
H060 217 218 1 0.8 1.00 1365.0 0.81 28.1
H060 370 371 1 2.33 1.56 409.0 2.29 17.1
H060 371 372 1 1.7 1.04 620.0 1.71 16.3
H060 382 383 1 1.78 1.63 295.0 2.42 23.1
H061 170 171 1 1.17 1.66 620.0 0.47 15.2
H061 181.8 183 1.2 0.28 2.61 136.5 0.99 18.7
H061 380.2 381.2 1 1.34 1.12 165.5 1.05 26
H062 63 64 1 27.8 4.01 284.0 4.42 16.2
H062 77 78 1 2.12 1.02 195.0 0.45 42
H062 397.95 399.5 1.55 0.37 2.44 57.1 0.07 22.3
H062 489 492 3 2.42 1.96 288.0 0.55 19.9
H063 279 280.8 1.8 0.45 1.06 88.5 0.12 21.3
H063 300 302 2 0.09 1.35 138.5 0.03 25.7
H063 302 303 1 1.37 18.4 2330.0 1.87 4.8
H063 304.1 306.15 1.95 0.19 2.11 260.0 0.10 14.8
H063 319.5 320.5 1 3.49 13.4 1975.0 1.95 5.1
H063 320.5 321.5 1 1.33 2.38 161.5 0.60 18.8
H063 327 330 3 1.49 2.12 108.5 0.60 28

 

Table 1. Gold rich samples of drill holes H060 to H063

Mr. Shirvani, President & CEO of Doubleview, commented: “The Hat project continues to deliver high values of its principal metals, copper and gold, with strong support from critical metals cobalt and scandium. It is compelling to observe how the deposit evolves when new drill data gets analyzed and how the different zones that we are discovering, add to the evolution of the Hat polymetallic porphyry deposit. I am very much looking forward to receiving additional assay results currently undergoing analytical analysis, followed by the receipt of the resource estimate and to joining our team in planning the 2024 season that will include further investigation of the newly expanded Gold Rich Zone.”

DDH From (m) To (m) Length (m) Ag (g/t) Au
(g/t)		 Co
(g/t)		 Cu
(%)		 Sc
(g/t)		 CuEq (%) incl Sc2O3
H060 24.0 697.0 673.0 0.20 0.09 7.5 0.09 28.2 0.84
Incl. 74.7 82.0 7.3 1.67 1.36 42.5 0.26 23.9 1.83
And 199.0 388.0 189.0 0.25 0.12 9.2 0.11 29.0 0.91
Incl. 323.6 388.0 64.5 0.42 0.17 12.0 0.24 30.5 1.09
And 368.0 436.8 68.8 0.38 0.17 12.2 0.23 29.0 1.05
Incl. 369.0 388.0 19.0 0.80 0.44 22.9 0.62 30.8 1.64
Incl. 369.0 376.0 7.0 1.32 0.76 28.5 1.08 27.2 2.16
H061 9.0 624.0 615.0 0.11 0.05 5.2 0.03 25.3 0.69
And 29.6 149.0 119.4 0.23 0.10 7.1 0.06 31.2 0.89
And 380.2 381.2 1.0 1.34 1.12 16.6 1.05 26.0 2.27
H062 9.0 495.0 486.0 0.21 0.10 5.8 0.05 28.1 0.81
Incl. 56.4 130.0 73.6 0.75 0.19 7.5 0.15 39.0 1.21
Incl. 56.4 103.0 46.6 1.08 0.22 7.6 0.21 39.9 1.31
Incl. 56.4 64.0 7.6 5.32 0.93 13.3 0.93 32.7 2.23
Incl. 63.0 64.0 1.0 27.80 4.01 28.4 4.42 16.2 6.85
And 398.0 402.0 4.1 0.31 1.26 6.0 0.07 25.9 1.48
H063 9.0 414.0 405.0 0.23 0.21 8.0 0.07 25.5 0.84
Incl. 68.6 179.0 110.4 0.45 0.12 12.2 0.11 29.6 0.93
And 277.4 336.0 58.60 0.28 1.00 13.60 0.14 19.5 0.80
Incl. 297.0 306.2 9.2 0.27 3.00 40.2 0.27 20.2 2.74
And 302.0 330.0 28.0 0.48 1.78 22.3 0.25 16.7 1.81
Incl. 302.0 303.0 1.0 1.37 18.40 233.0 1.87 4.8 14.07
Incl. 319.5 330.0 10.5 0.97 2.25 26.6 0.44 22.9 2.42
Incl. 319.5 320.5 1.0 3.49 13.40 197.5 1.95 5.1 10.92

 

Notes:
– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.
**Copper Equivalent (CuEq%) is estimated using the following metal values and equations:
– *CuEq(%) =(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)
– Price_Ag = $22.20/troy oz, Price_Au=$1,812.14/ troy oz, Price_Co = $23.30/lb, Price_Cu = $3.84/lb, Price_Sc = $1.5/g
– Rec_Ag = 68% , Rec_Au = 89% , Rec_Co = 78%, Rec_Cu = 84% , Rec_Sc = 88%

Table 2. shows assay intervals of drill holes H060 to H063

Figures 1 and 2 illustrate vertical projections of drill holes H060 to H063 of the Gold Rich Zone.

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Figure 1. Section along the drill holes

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/194369_71dd183c840518ed_001full.jpg

Drill Hole ID UTM – East UTM – North Elevation Max-Depth Azimuth Dip Area
H060 347,866 6,453,619 938.8 613.5 350 -70 Lisle South
H061 347,866 6,453,619 938.8 642.0 90 -65 Lisle South
H062 347,866 6,453,619 938.8 495.0 180 -70 Lisle South
H063 347,866 6,453,619 938.8 420.0 180 -55 Lisle South

 

Table 3. Drill Hole Data

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Figure 2. Drill Plan

To view an enhanced version of this graphic, please visit:
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Scandium:

Scandium is one of the rarest critical metals group deemed “critical metals” by the Canadian and American federal governments.

Quality Assurance and Quality Control:

Core samples were prepared at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview’s core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/194369



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Alexa Tsui Appointed Chief Operating Officer of G2Xchange

Washington, D.C., Jan 3, 2024 – (ACN Newswire) – G2Xchange, the leader in providing industry news, insights, and market intelligence for the US federal contracting sector, is proud to announce the appointment of Alexa Tsui as its new Chief Operating Officer (COO), effective January 2nd, 2024.

Alexa Tsui

Photo credit: Jon Meadows

Ms. Tsui, a seasoned professional with a career spanning nearly 20 years in leadership roles supporting strategic growth initiatives, brings a wealth of expertise to G2Xchange based on her demonstrated commitment to excellence, her long-standing industry relationships, and a deep understanding of the government contracting landscape.

In her role as COO, Ms. Tsui will oversee and lead G2Xchange’s operational strategies, focusing on driving growth, optimizing processes, and ensuring the highest levels of client satisfaction. Her leadership will be instrumental in the company’s delivery of services, information, and cutting-edge solutions to government agencies, customers, and partners.

“We are delighted to welcome Alexa Tsui to the G2Xchange team as our new Chief Operating Officer,” said Ron Jones, CEO of G2Xchange. “Her extensive experience in the industry, coupled with her dedication to community-building, aligns perfectly with our mission to provide exceptional solutions to our clients. We believe that her leadership will play a pivotal role in our continued success and growth.”

Ms. Tsui expressed her enthusiasm for her new role, stating, “I am excited for the opportunity to contribute to the continued success of G2Xchange. We have a formidable reputation for delivering innovative solutions that serve both government and industry, and I look forward to working with our talented team to build on that legacy and strengthen our community.”

This appointment comes at a time of significant growth for G2Xchange as the company seeks to expand access to entrepreneurs new to the government contracting milieu whilst continuing to provide its market-leading services to federal agencies and contractors.

About G2Xchange

G2Xchange is the fastest, easiest way to track awards, industry events, opportunities, and personnel moves in the federal contracting sector. Get your intel first, get it right, get it from G2Xchange.

For more information about G2Xchange and its market intelligence platform, industry expertise and strategic partnership opportunities, please visit https://g2xchange.com and follow us on LinkedIn.

For media inquiries or additional information, please contact:
Mary Ann Brown
maryann.brown@g2xchange.com 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Australian real estate trailblazers secure 5 wins at 18th PropertyGuru Asia Property Awards Grand Final

BANGKOK, Dec 26, 2023 – (ACN Newswire) – PropertyGuru Group (NYSE: PGRU) announced the winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Dongpeng Ceramic and Subzero Wolf, at The Athenee Hotel, a Luxury Collection Hotel, Bangkok, last 8 December 2023.

Salvo was named Best Lifestyle Developer (Asia), one of five regional wins for developers from Australia. Regional winners from the country include projects by Capital Luxury Residences; Monaco Property Group; R.Corporation; and Third.i Group. While Guocoland from Singapore won Best Developer (Asia).
The winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final 2023, presented by Kohler and supported by Dongpeng Ceramic and Subzero Wolf.

Winners from 13 vibrant property markets across Asia competed for the highest marks of excellence in real estate development, construction, architecture, and design at the finale of the 2023 PropertyGuru Asia Property Awards series. More than 50 golden statuettes, accolading the finest developers and projects in the region, were presented at the black-tie gala dinner and presentation ceremony.

GuocoLand won the biggest award of the year, Best Developer (Asia), for the third time in the history of the Awards. It marks one of five regional wins for developers from Singapore, with Frasers Property Singapore winning the Best Mixed Use Developer (Asia) award and UOL Group Limited and Pan Pacific Hotels Group winning the Best Hospitality Developer (Asia) award. UOL Group Limited also won the Best Sustainable Developer (Asia) award while EL Development Pte Ltd won the Best Hospitality Interior Design (Asia) award.

Developers from Indonesia gained eight regional wins, the most of any country. PT Sinar Mitbana Mas garnered the Best Breakthrough Developer (Asia) title, with parent company Sinar Mas Land and subsidiary PT. BSD Diamond Development also receiving regional wins. Various projects by Agung Sedayu Group & Salim Group; Summarecon Agung; and Summarecon Serpong collected regional wins.

The Philippines was represented with seven regional wins, with Aboitiz InfraCapital Economic Estates winning both the Best Industrial Developer (Asia) and Best Industrial Development (Asia) awards. RLC Residences; Robinsons Hotels and Resorts; North Bonifacio Landmark Realty and Development Inc.; Shang Robinsons Properties, Inc.; and Sunshine Fort North Bonifacio Realty Development Corporation received golden statuettes for a wide range of projects.

Developers from Vietnam received six regional wins, led by SonKim Land Corporation, which won both the Best Luxury Developer (Asia) and Best Boutique Mixed Use Development (Asia) awards. Regional winners include ParkCity Group, which won the Best Completed Condo Development (Asia) award.

Andaman Asset Solution won the Best Boutique Developer (Asia) award in one of six regional wins for developers from Thailand. KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) alone earned three regional wins for the kingdom while Rawayana by Phuket9 scored two regional wins.

Salvo was named Best Lifestyle Developer (Asia), one of five regional wins for developers from Australia. Regional winners from the country include projects by Capital Luxury Residences; Monaco Property Group; R.Corporation; and Third.i Group.

Malaysia and Cambodia each gained four regional wins. Perbadanan Kemajuan Negeri Selangor (PKNS) was hailed Best Affordable Homes Developer (Asia), with projects by Eastern & Oriental Berhad; Eupe Corporation Berhad; and Sime Darby Property also representing Malaysia with regional titles. Projects by OCIC Group and RM Commercial Co., Ltd. each clinched a regional win for Cambodia as Sir Stamford Raffles (Cambodia) Co., Ltd. gained two regional wins for the project Marum Estate.

Hanacreek by Apex Property and Aki Niseko by Takuetsu Co., Ltd. represented Greater Niseko as regional winners from the renowned Japanese skiing destination.

The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited and M8 by China Construction Engineering (Macau) Company Limited garnered two regional wins for Hong Kong and Macau. New Bund 31 by Shun Tak Qiantan (Shanghai) Cultural and Real Estate Company Limited was named Best Mixed Use Development (Asia), a regional win for Mainland China.

The Grand Final drew one of the most iconic personalities in the Hong Kong real estate industry. Dr. Allan Zeman, founder and chairman of Lan Kwai Fong Group, came to accept the Icon Award from the editorial team of Property Report by PropertyGuru, the official magazine. 

Dr. Zeman, who won the Real Estate Personality of the Year title in 2015, said: “It is an honour to be awarded the 2023 Icon Award. Lan Kwai Fong has become a great brand in HK and throughout the world. This is very important to us and to our partner.”

Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “The culmination of this year’s PropertyGuru Asia Property Awards series is a fitting celebration of the changemakers who are contributing to shaping tomorrow’s cities. From lively capitals to sprawling metropolises and well-planned townships, the future of cities in Asia is in the capable hands of these fine developers, lighting the way for a more sustainable, equitable, and innovative industry in their respective countries. To all the winners – we celebrate your success and look forward to what you create next.”

Jules Kay, GM of PropertyGuru Asia Property Awards and Events, said: “Recognising and awarding excellence in 2023 led us on an insightful journey through the diverse property markets of Asia. Celebrating real estate from the cities of tomorrow, we rediscovered a shared aspiration for quality among developers, buyers, and builders, and a growing commitment to sustainability among residential, commercial, and industrial developers. The finest places to live and work in Asia have become shining examples of quality, clearly showing that this region remains focused on raising development standards, redefining design, and revitalising economies. Congratulations to all the Best in Asia winners as you continue to drive positive change and innovation.”

The regional winners were chosen by an independent jury, composed of the head judges of participating markets in the Awards: Thien Duong, chairperson of the Grand Final and general director, Group GSA (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Greater Niseko); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ken Ip, assistant general manager and group head of marketing, B.S.C. Group (Mainland China); Kristin Thorsteins, head of partnership growth for APAC at IWG PLC (Singapore); Lui Violanti, regional manager for Western Australia, Inhabit Group (Australia); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (Hong Kong and Macau); Sorn Seap, executive vice president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).

HLB, the leading international accounting and advisory firm, ensured that the selection process was fair and transparent, under the supervision of Paul Ashburn of HLB International Real Estate Group.

Organised by PropertyGuru Group, the 18th PropertyGuru Asia Property Awards Grand Final is supported by platinum sponsor Kohler; silver sponsors Dongpeng Ceramic and Subzero Wolf; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; official publicity partner Artemis Associates; media partners Bridges, d+a Magazine, Housing.com, Manila Bulletin, Powderlife, and The Manila Times; official beverage partner Fah Mai Holdings; supporting partners REHDA Institute and IFC-EDGE; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

COMPLETE LIST OF WINNERS

18th PropertyGuru Asia Property Awards (Grand Final)

DEVELOPER AWARDS

Best Developer (Asia)
GuocoLand – Singapore (REGIONAL WINNER)
Apex Property – Greater Niseko
New World China – Mainland China
OCIC Group – Cambodia
Robinsons Land – Philippines
Sinar Mas Land – Indonesia
Sino Land Company Limited – China – Hong Kong and Macau

Best Luxury Developer (Asia)
SonKim Land Corporation – Vietnam (REGIONAL WINNER

Best Industrial Developer (Asia)
Aboitiz InfraCapital Economic Estates – Philippines (REGIONAL WINNER)          

Best Mixed Use Developer (Asia)
Frasers Property Singapore – Singapore (REGIONAL WINNER)
Federal Land, Inc. – Philippines
MontAzure – Thailand

Best Lifestyle Developer (Asia)
Salvo – Australia (REGIONAL WINNER)
Habitat Group Co., Ltd. – Thailand
Hoi Hup Realty Pte Ltd – Singapore
PT. BSD Diamond Development – Indonesia               

RLC Residences – Philippines

Best Commercial Developer (Asia)
Keppel Vietnam – Vietnam (REGIONAL WINNER)
Paramount Land – Indonesia
TE Capital Partners and LaSalle Investment Management – Singapore

Best Hospitality Developer (Asia)
UOL Group Limited and Pan Pacific Hotels Group – Singapore (REGIONAL WINNER)
Agung Sedayu Group – Indonesia

Best Sustainable Developer (Asia)
UOL Group Limited – Singapore (REGIONAL WINNER)

Best Boutique Developer (Asia)
Andaman Asset Solution – Thailand (REGIONAL WINNER)
CSI Properties Limited – China – Hong Kong & Macau
Skyland Group – Australia                      

Best Affordable Homes Developer (Asia)
Perbadanan Kemajuan Negeri Selangor (PKNS) – Malaysia (REGIONAL WINNER)

Best Breakthrough Developer (Asia)
PT Sinar Mitbana Mas – Indonesia (REGIONAL WINNER)
Da Vinci Land – Singapore

DEVELOPMENT AWARDS

Best Mega Township Development (Asia)
BSD City by Sinar Mas Land – Indonesia (REGIONAL WINNER)

Best Waterfront Township Development (Asia)
Golf Island PIK (Kawasan Pantai Maju) & Riverwalk Island PIK (Kawasan Pantai Kita) by Agung Sedayu Group & Salim Group – Indonesia (REGIONAL WINNER)

Best Township Development (Asia)
Summarecon Bekasi by Summarecon Agung – Indonesia (REGIONAL WINNER)

Best Mixed Use Development (Asia)
New Bund 31 by Shun Tak Qiantan (Shanghai) Cultural and Real Estate Company Limited – Mainland China (REGIONAL WINNER)
Ginza Beachwalk PIK2 by Agung Sedayu Group – Indonesia
LIMA Central Business District by Aboitiz InfraCapital Economic Estates – Philippines
Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia
One Bernam by HY-MCC (Bernam) Pte Ltd – Singapore           

Best Boutique Mixed Use Development (Asia)
The OpusK – Luxury Boutique Office by SonKim Land Corporation – Vietnam (REGIONAL WINNER)
Rawayana by Phuket9 – Thailand

Best Residential Development (Asia)
Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia (REGIONAL WINNER)

Best High Rise Condo Development (Asia)
Aurelia Residences by Shang Robinsons Properties, Inc. – Philippines (REGIONAL WINNER)
Diamond Bay Garden by OCIC Group – Cambodia
Est8 @ Seputeh by Eupe Corporation Berhad – Malaysia
JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau
Riviere by Frasers Property Quayside Pte Ltd – Singapore
The OpusK Residence by SonKim Land Corporation – Vietnam
Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand
Zhuhai Huafa Sky Hill Mansion by Zhuhai Huafa Properties Co., Ltd. – Mainland China

Best Low Rise Condo Development (Asia)
Rainbow Springs Condovillas by Summarecon Serpong – Indonesia (REGIONAL WINNER)

Best Boutique Condo Development (Asia)
Kurraba Residences by Third.i Group – Australia (REGIONAL WINNER)
Niseko Kyo by Rooftop RE (Japan) Pte Ltd – Greater Niseko

Best Luxury Housing / Landed Development (Asia)
Capri by Monaco Property Group – Australia (REGIONAL WINNER)
Layton at NavaPark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land Joint Venture – Indonesia
Park Heritage Pattanakarn by Sammakorn Plus Company Limited – Thailand

Best Housing / Landed Development (Asia)
Ilham Residence by Sime Darby Property – Malaysia (REGIONAL WINNER)
Hanaridge by Apex Property – Greater Niseko
Pollen Collection by Bukit Sembawang Estates Limited – Singapore                                              

Best Waterfront Condo Development (Asia)
Diamond Bay Garden by OCIC Group – Cambodia (REGIONAL WINNER)
Riviere by Frasers Property Quayside Pte Ltd – Singapore

Best Waterfront Residence (Asia)
Amorel by Capital Luxury Residences – Australia (REGIONAL WINNER)

Best Connectivity Condo Development (Asia)
Green Tower Di An Binh Duong by TBS Land – Vietnam (REGIONAL WINNER)
Glam Residences by SM Development Corporation (SMDC) – Philippines

Best Completed Condo Development (Asia)
Park Kiara, ParkCity Hanoi by ParkCity Group – Vietnam (REGIONAL WINNER)
Seaside Residences by East Vue Pte Ltd – Singapore

Best Wellness Residential Development (Asia)
The Zora by PT. BSD Diamond Development – Indonesia (REGIONAL WINNER)
Bloom Residences by SM Development Corporation (SMDC) – Philippines                                                                

Best Smart Building Development (Asia)
Knowledge Hub by Sinar Mas Land – Indonesia (REGIONAL WINNER)

Best Smart Home Development (Asia)
Woodsville Crest by RLC Residences  – Philippines (REGIONAL WINNER)

Best Green Development (Asia)
Central Market PIK by Agung Sedayu Group and Salim Group, curated by Amantara – Indonesia (REGIONAL WINNER)
LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines
The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited – China – Hong Kong and Macau               

The LakeGarden Residences by Wing Tai Asia – Singapore

Best Industrial Development (Asia)
West Cebu Estate by Aboitiz InfraCapital Economic Estates – Philippines (REGIONAL WINNER)
Bandar Bukit Raja by Sime Darby Property – Malaysia
CT FoodNEX by Chiu Teng Group – Singapore            

Best Hospitality Development (Asia)
The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited – China – Hong Kong and Macau (REGIONAL WINNER)
Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines
Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore

Best Office Development (Asia)
KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)
AIA East Gateway by AIA Company Limited. – Thailand
Embassy Hub Phase 1 by Embassy REIT – India
GBF Centers 1 & 2 by Robinsons Offices – Philippines                                                                

Best Retail Development (Asia)
M8 by China Construction Engineering (Macau) Company Limited – China – Hong Kong and Macau (REGIONAL WINNER)
Mean Chey Avenue by RM Commercial Co., Ltd. – Cambodia
Mitsukoshi BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines
MixC Nanjing by Lead8 – Mainland China
The EmSphere Shopping Complex by The EM District Co., Ltd. – Thailand

Best Branded Residential Development (Asia)
Grand Hyatt Manila Residences South Tower by North Bonifacio Landmark Realty and Development Inc. – Philippines (REGIONAL WINNER)

DESIGN AWARDS

Best Township Masterplan Design (Asia)
Andaman by Eastern & Oriental Berhad – Malaysia (REGIONAL WINNER)

Best Mixed Use Architectural Design (Asia)
Rawayana by Phuket9 – Thailand (REGIONAL WINNER)
ITC Shanghai by Lead8 – Mainland China
The OpusK – Luxury Boutique Office by SonKim Land Corporation – Vietnam
Zia Niseko by Iconic Group – Greater Niseko

Best Condo Architectural Design (Asia)
R.Iconic by R.Corporation – Australia (REGIONAL WINNER)
Aura Niseko by Iconic Group – Greater Niseko
Grand Dunman by Grand Dunman Pte. Ltd. – Singapore
JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau
Lentor Modern by GuocoLand – Singapore
The Arles by Centralcon Properties Company Limited – China – Hong Kong and Macau
The Continuum by Hoi Hup Sunway Katong Pte Ltd – Singapore
The Grand Midori Ortigas by Federal Land, Inc. – Philippines
Watten House by UOL Group Limited and Singapore Land Group Limited – Singapore
Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Architectural Design (Asia)                   
Hanacreek by Apex Property – Greater Niseko (REGIONAL WINNER)
D’ Art Hills Residence by PH World – Malaysia
Highland Park Pool Villas Pattaya by Habitat Group Co., Ltd. – Thailand
La Felice Villa Hua Hin by PNP Real Estate Co., Ltd. – Thailand
Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia
Park Heritage Pattanakarn by Sammakorn Plus Company Limited – Thailand
The Prospect Villa by Grand Paradise Villa – Thailand

Best Hospitality Architectural Design (Asia)
Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines (REGIONAL WINNER)
Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore

Best Office Architectural Design (Asia)
KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)
Embassy Manyata Block D1 & D2 by Embassy REIT – India
FourE-Com Center by Arquitectonica – Philippines
K11 Atelier 11 SKIES by Lead8 – China – Hong Kong & Macau
Solitaire on Cecil by Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management) – Singapore

Best Retail Architectural Design (Asia)                  
Mean Chey Avenue by RM Commercial Co., Ltd. – Cambodia (REGIONAL WINNER)
MixC Nanjing by Lead8 – Mainland China

Best Condo Interior Design (Asia)
Est8 @ Seputeh by Eupe Corporation Berhad – Malaysia (REGIONAL WINNER)
350-352 Nathan Road by CSI Properties Limited – China – Hong Kong and Macau
Blossoms By The Park by EL Development Pte Ltd – Singapore
Glam Residences by SM Development Corporation (SMDC) – Philippines
JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau
Klimt Cairnhill by Low Keng Huat (S) Limited – Singapore
Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd – Singapore
Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Interior Design (Asia)                
Aki Niseko by Takuetsu Co., Ltd. – Greater Niseko (REGIONAL WINNER)
Jasmia Residence @Summarecon Crown Gading by Summarecon Agung – Indonesia
La Felice Villa Hua Hin by PNP Real Estate Co., Ltd. – Thailand

Best Hospitality Interior Design (Asia)                        
Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore (REGIONAL WINNER)
Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines

Best Office Interior Design (Asia)
KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)
K11 Atelier 11 SKIES by Lead8 – China – Hong Kong & Macau

Best Retail Interior Design (Asia)
Mitsukoshi BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (REGIONAL WINNER)
Shanghai Aerospace Science & Technology City by Design Power House (DPH) – Mainland China
Ultimo Niseko by Blue Waves Group – Greater Niseko

Best Condo Landscape Design (Asia)
Elysian by Gamuda Land – Vietnam (REGIONAL WINNER)
Blossoms By The Park by EL Development Pte Ltd – Singapore
Grand Dunman by Grand Dunman Pte. Ltd. – Singapore
Park Kiara, ParkCity Hanoi by ParkCity Group – Vietnam
Pinetree Hill by UOL Group Limited and Singapore Land Group Limited – Singapore
Watten House by UOL Group Limited and Singapore Land Group Limited – Singapore
Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Landscape Design (Asia)
Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia (REGIONAL WINNER)
Barnyard Khaoyai by Sammakorn-JV1 Company Limited – Thailand
Pavara Khiri Collection by Pavara Development Co., Ltd. – Thailand                                              

Best Commercial Landscape Design (Asia)               
Rawayana by Phuket9 – Thailand (REGIONAL WINNER)

PUBLISHER’S CHOICE

Icon Award                      
Dr. Allan Zeman, Founder and Chairman, Lan Kwai Fong Group (WINNER)           

ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:

PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. 

In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023. 

For more information, please visit AsiaPropertyAwards.com

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 37 million property seekers(2) to connect with almost 59,000 agents monthly(3) to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam. 

PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru. For Business including DataSense, ValueNet, Awards, events and publications across Asia. 

For more information, please visit: PropertyGuruGroup.com;PropertyGuru Group on LinkedIn.

Footnotes & Citation:

(1) Based on SimilarWeb data between April 2023 and September 2023.
(2) Based on Google Analytics data between April 2023 and September 2023.
(3) Based on data between July 2023 and September 2023.
(4) Based on data between April 2023 and September 2023.

Group: Key Statistics as of November 2023
* Property seekers: 37 million
* No. of agents: 59,000
* Real estate listings: 2.9 million

Strong Category Leadership Drives Long-Term Growth Opportunities
As of September 30, 2023, PropertyGuru continued its Engagement Market Share* 
* Singapore: 83% – 6.2x the closest peer
* Malaysia: 92% – 12.8x the closest peer
* Vietnam: 80% – 4.0x the closest peer
* Thailand: 51% – 1.7x the closest peer

*Based on SimilarWeb data between April 2023 and September 2023.

NOTE: Use of the PropertyGuru Asia Property Awards logo is limited to the publication of this article only.

PROPERTYGURU CONTACTS:

General Enquiries:
Richard Allan Aquino, Head of Brand & Marketing Services
M: +66 92 954 4154
E: allan@propertyguru.com   

Media & Partnerships:
Nate Dacua, Media Relations & Marketing Services Manager
M: +66 92 701 2510
E: nate@propertyguru.com

Sponsorships:
Kanittha Srithongsuk, Regional Manager, Awards Sponsorship
M: +66 93 293 9794
E: kanittha@propertyguru.com

Sales & Nominations:
Udomluk Suwan, Sales Director
M: +66 87 699 4433
E: may@propertyguru.com 



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

Heels off: Women leaders redefine power at PropertyGuru’s ARES Power Women event

BANGKOK, THAILAND, Dec 20, 2023 – (ACN Newswire) – On 7 December 2023, PropertyGuru Group (NYSE: PGRU), successfully hosted its annual PropertyGuru Asia Real Estate Summit (ARES) followed by the ARES VIP Cocktail Party in Bangkok, Thailand, presenting the ARES Power Women for a second year.

The invitation-only party, which was sponsored by PropertyGuru For Business, was a highlight of the PropertyGuru Week and celebrated the outstanding achievements of six exceptional women leaders in the real estate sector, acknowledging their significant contributions and influence as leaders in the industry.

Hari V. Krishnan, CEO and Managing Director of PropertyGuru Group, opened the evening with a special message reflecting on the journey of PropertyGuru since its inception in 2007, emphasising the company’s commitment to gender diversity and equality.

This commitment was further highlighted in the establishment of the ARES Power Women initiative in 2022, designed to spotlight the vital contributions of women in the Asian real estate landscape.

A symbolic gesture of solidarity and support

After Hari’s message, the evening’s highlight occurred during an unscripted yet powerful moment when ARES presenter, Tina Ryan, embraced comfort over convention by removing her high heels on stage. The next speaker, Shyn Yee Ho, Managing Director for Data and Software Solutions at PropertyGuru Group, also joined in on the fun by taking off her heels as she delivered her message to recognise the women who raise the roof.

Shyn continued Hari’s message, further elaborating on the motivations behind establishing the ARES Power Women honours, sharing her personal experiences in male-dominated industries and highlighted the need for more diverse representation and inclusive decision-making in real estate. The goal of the ARES Power Women list is not just to recognise the achievements of women leaders, but also to inspire future generations and promote a fairer and more equitable future.

In a remarkable display of solidarity, all the women on stage removed their heels as each honouree was announced one by one, ascending the stage barefoot to accept the honour. This impromptu gesture became a strong declaration of mutual support among these influential women, resonating deeply with the audience.

The ARES Power Women 2023

This year’s honourees, hailing from Singapore, Vietnam, Malaysia, Hong Kong, Australia and the UK, were announced by Shyn together with Disha Goenka, PropertyGuru’s Chief Marketing Officer, with each woman receiving a token from PropertyGuru For Business.

“Live”

Andrea Savage, Celebrity interior designer, HGTV / Co-CEO and Creative Director, A Life By Design Esther An, Chief Sustainability Officer, City Developments Limited / Chair, Corporate Advisory Board, World Green Building Council

“Work”

Chelsea Perino, Global Director, The Executive Centre, Future of Work Joanne Kua, Group CEO, KSK Group

“Thrive”

Coco Ke Liu, Chief Regional Officer, HLB International Hang Dang, Managing Director, CBRE Vietnam

These influential women on the list embody PropertyGuru’s vision to power communities to live, work and thrive in tomorrow’s cities. Throughout their careers, the ARES Power Women have lived by the above themes, with Andrea leading and living a life by design; Esther pushing forth a more sustainable and greener future; Chelsea pioneering the future of work; Joanne paving the way for women-led businesses; Coco supporting emerging markets to thrive; and Hang setting a standard for female leaders in real estate.

Towards a fairer future

The exclusive event concluded with a strong message of responsibility towards building a fairer and more inclusive future. The commitment of PropertyGuru Group and its community in tackling the challenges of gender equality and diversity in the real estate industry marked a significant step towards change.

The second annual ARES Power Women not only celebrated achievements, but also sparked a conversation about the critical role of women in shaping the future of real estate.

Organised by PropertyGuru Group, the PropertyGuru Asia Real Estate Summit 2023 is supported by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; official publicity partner Artemis Associates; media partners Bridges, d+a Magazine, Hot Magazine, Manila Bulletin, Powderlife, REm, and Techsauce; and supporting association IFC – Excellence in Design for Greater Efficiencies.

ARES VIP Cocktail Party was supported by Dao Ethical Gifts (Women Empowerment Project) and Fah Mai Holdings.

For more information, email ares@propertyguru.com or visit the official website: AsiaRealEstateSummit.com/.

NOTE: Use of the PropertyGuru logo is limited to the publication of this article only.

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino, Head of Brand & Marketing Services

M: +66 92 954 4154

E: allan@propertyguru.com   

Media & Partnerships:

Nate Dacua, Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: nate@propertyguru.com

Sponsorships:

Kanittha Srithongsuk, Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: kanittha@propertyguru.com

Marketing & Booths:

Marco Bagna-Dulyachinda, Product Lifecycle Marketing Manager

M: +66 94 954 4154

E: marco@propertyguru.com

ABOUT PROPERTYGURU ASIA REAL ESTATE SUMMIT:

PropertyGuru Asia Real Estate Summit (ARES) is the premier gathering of the industry’s finest minds, top-level business leaders and decision-makers. Designed to ‘educate, innovate and inspire,’ ARES focuses on advancements in property technology, green building, sustainability, diversity, inclusivity, and innovation. More than 500 registered in-person and virtual delegates, comprising real estate and proptech experts, climate heroes, sustainability champions, trendsetters, and tech startup executives from around the region and beyond participate to refresh thinking, exchange ideas and connect with peers at ARES, which features global keynotes, case studies, panel discussions, partner booths and networking lunch.

ARES is part of the exciting ‘PropertyGuru Week’ in December 2023, coinciding with the PropertyGuru Asia Property Awards Grand Final gala and presentation ceremony, which is joined by the region’s finest real estate developers and leaders, and watched by investors, agents, and consumers via livestream.

For more information, please visit: AsiaRealEstateSummit.com.

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 37 million property seekers(2) to connect with almost 59,000 agents monthly(3) to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam. 

PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia. 

For more information, please visit: PropertyGuruGroup.com;PropertyGuru Group on LinkedIn.

Footnotes & Citation:

(1) Based on SimilarWeb data between April 2023 and September 2023.

(2) Based on Google Analytics data between April 2023 and September 2023.

(3) Based on data between July 2023 and September 2023.

(4) Based on data between April 2023 and September 2023.

 

Group: Key Statistics as of November 2023

* Property seekers: 37 million

* No. of agents: 59,000

* Real estate listings: 2.9 million

 

Strong Category Leadership Drives Long-Term Growth Opportunities

As of September 30, 2023, PropertyGuru continued its Engagement Market Share*

* Singapore: 83% – 6.2x the closest peer

* Malaysia: 92% – 12.8x the closest peer

* Vietnam: 80% – 4.0x the closest peer

* Thailand: 51% – 1.7x the closest peer

 

*Based on SimilarWeb data between April 2023 and September 2023.

 



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

Hong Kong: An ideal listing destination for Middle East companies

HONG KONG, Dec 20, 2023 – (ACN Newswire) – Hong Kong is an ideal listing destination for Middle East businesses, according to a new joint report by the Hong Kong Trade Development Council (HKTDC) and CCB International Capital Limited (CCB International). The report, which is released today, shows that many companies in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) see the city as their first choice when it comes to securing funding, building stronger ties with Asia (particularly China), and, ultimately, enjoying greater global recognition.^

In order to explore the potential for UAE and KSA companies to secure listings in Hong Kong, the HKTDC and CCB International renewed their collaboration [1] to deliver the new report – Hong Kong: An Ideal Overseas Listing Venue for Middle East Companies. This led them to share a series of insights from in-depth interviews with UAE and KSA industry experts and practitioners as to Hong Kong‘s suitability as a listing destination for Middle East companies. The research, which was conducted from June to October this year, concluded that several Middle East business sectors in particular – Energy and Renewable Energy, Healthcare and High-tech, Infrastructure, and Finance – had the most to benefit from a Hong Kong listing.

Commenting on the significance of the findings, Irina Fan, Director of HKTDC Research, said: “For those Middle East companies looking to expand in the region, access to Hong Kong’s diverse pool of international institutional investors will clearly be of huge benefit. This is especially the case as many such investors have an in-depth understanding of both the pan-Asia and China-specific opportunities now emerging.” She adds, “Another plus point is the impressive breadth and depth of the Hong Kong stock market. The high level of trading activity that underpins this is a clear indication of just how robust the city’s capital market has proven over the long-term.”

Michelle Pan, Head of Corporate Finance & Capital Market Services at CCB International, said: “Following the visits of President Xi and HKSAR Chief Executive John Lee to the Middle East over the past two years, the Hong Kong capital market has begun exploring opportunities for collaboration between Middle East companies and the Hong Kong financial markets. In this context, this all-rounded research paper has been developed to explain why Hong Kong, with its unique attributes, is an ideal listing and fund raising destination for Middle East enterprises. The paper provides a comprehensive analysis of the benefits of listing in Hong Kong, including access to a deep pool of capital, a world-class regulatory framework, a vibrant and dynamic business environment, and a gateway to the vast Chinese market.”

Middle East: Looking at opportunities in new markets

Middle East stock exchanges have witnessed record-breaking initial public offerings (IPOs) in recent years, with bourses in KSA and UAE all ranking among the world’s top 10 in 2022 in terms of IPO funds raised. The opportunities stemming from overseas listings, primary, dual-primary and secondary included, however, have yet to be fully exploited.

At present, many UAE and KSA companies are actively looking at opportunities in new markets and seeking funding via equity markets as they look to deliver on their global expansion plans, many of which align with the region’s commitment to economic diversification as it looks to move on from its traditional dependence on its oil and gas resources. A clear synergy, however, has become apparent between the region and fast-growing Asia, something seen as offering tremendous opportunities for many UAE and KSA businesses as they look to make good on their economic diversification aspirations.

For many UAE and KSA companies, pursuing an overseas listing is not only a way of financing their overseas expansion projects, but also an effective marketing channel as they look to enhance their global recognition and improve their visibility and credibility among clients, institutions and the investing public in a number of target markets.

Hong Kong advantages: location, rule of law, impressive market breadth and depth, global investor base

During the course of the research, interviews with a number of experts highlighted the unique benefits on offer to Middle East companies that look to list in Hong Kong, one of the world’s most highly regarded financial centres. Strategically located at the gateway to many of Asia’s major markets – most notably mainland China and the ASEAN bloc – Hong Kong has considerable appeal for UAE and KSA companies. Most notably, a Hong Kong listing will ensure such businesses can fully leverage the advantages of the city’s strategic location, while gaining access to its well-established networks and stable business environment and benefitting from its rule of law and its abundant talent pool, which is widely seen as capable of delivering the highest quality of professional service. The city’s unique advantages also extend to the absence of capital controls and a transparent, resilient Linked Exchange Rate System.

Hong Kong’s robust legal framework – something that Middle East companies value particularly highly – is a significant advantage and an essential part of its appeal as a listing destination. As the only common law jurisdiction within China, Hong Kong and its legal system has a proven track record of upholding the rule of law and of maintaining judicial transparency. This framework has long functioned as a guarantee of the fundamental rights of any global enterprise or investor looking to raise or allocate funds as part of a Hong Kong-based listing initiative.

In addition, Hong Kong’s stock market has long been renowned for its maturity, vibrancy and global connectivity, while its sizeable market capitalisation consistently sees it rank among the top 10 largest stock markets on a global basis. As to its diverse investor pool, according to the Securities and Futures Commission, overseas and Mainland China investors accounted for 64% of the asset and wealth management businesses in Hong Kong in 2022, with the majority of overseas investors coming from North America (23%), Australia, New Zealand and elsewhere in the Asia Pacific region (14%), all of which instilled substantial liquidity in the local equity market.

As to how Hong Kong can optimise its role as a premium listing hub for Middle East companies, the research emphasised the importance of strengthening and sustaining its connectivity with many Middle East countries, especially at the government and regulatory level.

Overall, building closer G2G relationships with many Middle East economies was seen as of paramount importance, with the countries’ respective governments seen as playing a significant role in steering the relevant business sectors. It was also recommended that a higher level of market promotion and investment education be undertaken with regard to many Middle East prospects as a means of nurturing and directing their interest in Hong Kong’s financial services resources.

^ The first research report focuses on the overall overseas listing regime of Hong Kong as well as Hong Kong as a listing destination for UAE companies, while the subsequent report on KSA companies listing in Hong Kong will be released in the first quarter of 2024.

[1] HKTDC and CCB International released a research report on “Hong Kong: The Most Popular Overseas Listing Venue for ASEAN Companies” on 27 May 2022.

  

Photo download: https://bit.ly/41r9Q2a

“Hong Kong’s substantial investor pool has unrivalled understanding of both the pan-Asia and China-specific opportunities now emerging, guaranteeing a level of insight that will be invaluable to any ambitious Middle East business.” Irina Fan, Director of HKTDC Research

“Listing in Hong Kong provides Middle East companies with a range of benefits, including access to a deep pool of capital, a world-class regulatory framework, a vibrant and dynamic business environment, and a gateway to the vast Chinese market. This makes Hong Kong an ideal destination for Middle East enterprises seeking to expand their global reach and access new opportunities.” Michelle Pan, Head of Corporate Finance & Capital Market Services, CCB International

Hong Kong is an ideal overseas listing destination for Middle East companies, according to a research report by the Hong Kong Trade Development Council (HKTDC) in collaboration with CCB International

References
HKTDC Research Portal: https://research.hktdc.com/en
“Hong Kong: An Ideal Overseas Listing Venue for Middle East Companies”: https://bit.ly/3RJWo6c

Media Enquiries
HKTDC’s Communications & Public Affairs Department:
Frankie Leung, Tel: (852) 2584 4298, Email: frankie.cy.leung@hktdc.org
Clayton Lauw, Tel: (852) 2584 4472, Email: clayton.y.lauw@hktdc.org

CCB International’s Corporate Finance & Capital Market Services:
Sam Siu, Tel: (852) 3911 8926, Email: samsiu@ccbintl.com

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

About CCB International

CCB International (Holdings) Limited and its subsidiaries (collectively “CCB International”) is a financial and investment services company owned by China Construction Bank Corporation (“CCB”). CCB International is committed to expanding its international platform. Backed by the CCB global network, its business covers key financial centres worldwide including Mainland China, Hong Kong, Singapore and London. CCB International offers a full range of products and services including sponsoring and underwriting, financial advisory, corporate mergers and acquisitions, restructuring, additional issuance and placement of shares, refinancing for listed companies, direct investment, asset management, securities brokerage, market research, investment consultancy and commodities business. The corporate finance and capital market services of CCB International have assisted hundreds of companies in raising over HK$5 trillion from the global capital market. For more information, please visit: https://www.ccbintl.com.hk/English/company.html

  

Disclaimer: The information contained herein merely reflects the author’s own beliefs about the country concerned and the relevant economic situation. This information does not constitute or form part of any offer, solicitation or invitation to subscribe or purchase any securities. CCB International and the HKTDC do not guarantee, represent and warrant that all or any part of this information is reliable, accurate or complete.

If this document has been distributed by electronic transmission, then such transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. CCB International and the HKTDC, therefore, do not accept liability for any errors or omissions in the contents of this document, which may arise as a result of electronic transmission.



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

HKIRA 15th Anniversary Summit cum Cocktail Celebration Gathers industry elites to promote sustainable development, Uphold Hong Kong as an International Financial Centre

HONG KONG, Dec 18, 2023 – (ACN Newswire) – Hong Kong Investor Relations Association (“HKIRA”) recently held its 15th Anniversary Summit cum Cocktail Celebration, gathering industry leaders to help drive continuous innovation in and progress of the industry, and to strengthen corporate governance and maintain exchange with investors. HKIRA had the great honour of having Mr Chan Mo-po, Paul, GBM, GBS, MH, JP, Financial Secretary of the Hong Kong SAR Government, as officiating guest of the Summit.

Themed “IR New Horizons: Sustainability and Innovation”, this year’s summit brought together leading Hong Kong listed companies in various industries, international enterprises, investors from around the world, analysts, financial experts, and representatives of regulators, overseas investor relations associations and stock exchanges. HKIRA also invited about 18 speakers from the most influential organisations and listed companies in different industries, including the Hong Kong Exchanges and Clearing Limited, EY, MSCI, New World Development Co. Ltd. and academia, to share their insights and experience on issues of interest to the financial market and IR industry.

Dr Eva Chan, Founding Chairman of HKIRA, said, “In the past 15 years, we have seen HKIRA grow, with more and more members joining and embarking on cooperation in widening scope with each other. We also have the support from regulators and have built close partnership with other industry associations. These achievements have brought abundant resources and opportunities to HKIRA and our members, as well as helped strengthen our professional capabilities and influence in the IR sector.”

“Looking ahead, we will continue to help safeguard Hong Kong’s status as an international financial centre and actively partake in cooperation and exchange in the international IR realm. We will work closely with regulators, industry associations and other stakeholders to promote best IR practices and standards, plus enhance information disclosure and investment opportunities for investors. We believe, with our consistent effort and via cooperation, Hong Kong will continue to be an important hub and window for the global IR industry.”

Strategic Public Relations Group is proud to be the Official Public Relations Partner and Diamond Sponsor of HKIRA again for its 15th Anniversary Summit cum Cocktail Celebration 2023.

Mr Chan Mo-po, Paul, GBM, GBS, MH, JP, Financial Secretary of the Hong Kong SAR Government, friends from the investment community and industry professionals attend the HKIRA 15th Anniversary Summit Cum Cocktail Celebration

About HKIRA

Hong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.

HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,300 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 64% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA’s members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.

Media enquiries:

Strategic Public Relations Group

Cindy Lung  Tel: +852 2864 4867  Email: cindy.lung@sprg.com.hk

Holly Szeto  Tel: +852 2864 4859  Email: holly.szeto@sprg.com.hk

Michelle Shiu  Tel: +852 2864 4861  Email: michelle.shiu@sprg.com.hk

Website: www.sprg.asia

Hong Kong Investor Relations Association

General Enquiry  Tel: +852 2117 1846  Email: info@hkira.com

Website: www.hkira.com



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