Inflight Entertainment Features Indonesia as a Partner Country for Hannover Messe 2023

JAKARTA, Apr 17, 2023 – (ACN Newswire) – Within a few days, Hannover Messe 2023, the largest industrial technology exhibition in the world, will take place. The Government of Indonesia has made various preparations in an effort to succeed in participating as the Official Partner Country Hannover Messe 2023, which will take place from April 17-21, 2023, at the Hannover Fairground in Germany.

To publicize Indonesia Partner Country Hannover Messe 2023 to the public domestically and internationally. Emirates Airlines' display of in-flight entertainment movies, the application of stickers to three city buses serving Hannover, and the placement of banner ads in the form of standing towers -2 sided boards in front of the Hannover Central Station area are the examples of international promotions.

"We are making the most of campaigns across a variety of media to raise public awareness of Indonesia's benefits and opportunities at the Hannover Messe 2023. We hope for the broadest support for the success of this event so that it can provide the maximum benefits for Indonesia," said Expert Staff to the Minister of Industry for the Field of Business and Investment Climate, Andi Rizaldi in Jakarta, Saturday (15/4).

Emirates was chosen based on an annual report demonstrating that the airline flies to 152 locations in 79 countries, carrying 19 million passengers overall. According to Skytrax, for 17 consecutive years from 2005-2022, Emirates also has the best inflight entertainment in the world. "The selection of promotional media is considered effective in increasing the number of visitors to the Indonesian Pavilion," said Andi, who is also designated as the Coordinator of Promotion and Publication for Indonesia Partner Country Hannover Messe 2023.

Effective promotional initiatives and support from 157 reputable co-exhibitors, who will highlight technological and product advantages, are expected to expand possibilities and project opportunities for economic and investment cooperation in Indonesia in various strategic areas such as the energy transition, industry 4.0, and digitalization in Indonesia. One of the co-exhibitors, for instance, Oil Palm Plantation Fund Management Agency (BPDPKS), is directly tied to the sustainability and energy issue. As one of the strategic commodities for Indonesia, BPDPSK contributes to the growth of a sustainable palm oil processing industry.

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

Pioneering a More Collaborative Future for Manufacturing: weavix is Exhibiting at Hannover Messe 2023

WICHITA, KS, Apr 13, 2023 – (ACN Newswire) – weavix(TM) is set to showcase the latest innovations to its communications and productivity platform on April 17-21 at Hannover Messe 2023, a leading international conference specializing in industrial transformation for manufacturers.

weavix and Microsoft Teams integration – walt smart radio showing the integration with Microsoft Teams

weavix will highlight its integration with Microsoft Azure Private 5G Core, which enables its platform to deliver enterprise-vital solutions, thus supporting the Internet of Workers platform with integration with Azure services, enhanced security, low latency and dependability.

Following the company's collaboration with Microsoft at Mobile World Congress earlier this year, weavix is rolling out its integration with Microsoft Teams(R). The goal is to leverage the connectivity and solutions provided by Azure Private 5G Core to allow for collaboration between office and frontline workers and address efficiency issues more directly.

"Microsoft has a long and tremendous history with communication technology for office workers," said Ben Burrus, Chief Product Officer at weavix. "The interoperability between Teams and weavix helps to break down the overt communication barriers that exist between the two distinct groups of workers and, in turn, makes the other 80% of the workforce more accessible. This pairing allows for a seamless and direct route for office workers to communicate using audio and video to frontline workers via the walt(TM) smart radio."

"Modernizing and empowering frontline workers represent a big opportunity in the evolution and advancement of the manufacturing industry," said Shriraj Gaglani, VP of Product Development, Microsoft. "Manufacturing personnel must be able to effectively communicate on-site and off to continue producing at optimal levels, and we are pleased to see weavix growing their portfolio of solutions using Azure private MEC and adding Microsoft Teams integration to address this opportunity and unmet need."

At the conference, manufacturing professionals and attendees can operate and test the walt smart radio and experience a complete demonstration of the platform's communication and productivity solutions.

Hannover Messe is an international hotspot for the latest in technological advances for industry, drawing in an estimated 200,000 manufacturing professionals, exhibitors, decision-makers and industrial pioneers.

weavix is exhibiting alongside Microsoft's other co-innovation partners in Hall 17 as part of the Intelligent Factory sector. To meet with weavix at Hannover Messe 2023 in Hannover, Germany, schedule a time here. https://weavix.com/schedule-a-meeting/

About weavix

weavix, the Internet of Workers(TM) platform, revolutionizes frontline communication and productivity on a global scale. Since its founding, weavix has shaped the future of work by introducing innovative methods to better connect and empower the frontline workforce, like Enterprise-Vital Push-to-Three (EVPT3) communication. weavix transforms enterprise by providing data-driven insights into facilities and teams to maximize productivity and achieve breakthrough results. weavix is the single source of truth for both workers and executives. Our mission is to empower workers around the world with disruptive technology. Visit https://weavix.com/ for more information.

Contact Information
Monica Poe
Marketing Director, weavix
mpoe@weavix.com
3165195912

Justin Nickel
Chief Marketing Officer, weavix
jnickel@weavix.com
3168662955 ext. 533

SOURCE: weavix

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

Indonesian Manufacturing Sector Branding Event at Hannover Messe 2023

JAKARTA, Apr 12, 2023 – (ACN Newswire) – The performance of the Indonesian manufacturing sector continues to perform well. This is demonstrated by the fact that, the industrial sector is still the largest contributor to GDP in 2022, namely 16.48%. Additionally, the industrial sector makes a significant contribution to national tax revenues, for 28.7%. The same thing is illustrated by the release of the Industrial Confidence Index (IKI), which until March 2023 still showed an expansion value of 51.87. The increase in IKI value from November 2022 to March 2023 was 1.93% with an average increase since the release of the first IKI, November 2022 to March 2023 of 0.48%.

In line with the improvement in the condition of the Indonesian industrial sector following the Covid-19 pandemic, Indonesia is taking the golden opportunity to become the first ASEAN country that become a partner country for the third time at the Hannover Messe 2023 international industry exhibition. This prestigious event will take place in Hannover, Germany, from April 17?21, 2023.

"Indonesia's participation as the Official Partner Country (Indonesia Partner Country-IPC) is in line with the strategic initiative 'Making Indonesia 4.0' to address the issues of the 4th industrial revolution. This will also result in more inclusive sustainability, startup business and technology development, as well as support a circular economy," said the Ambassador of the Republic of Indonesia to the Federal Republic of Germany, Arif Havas Oegroseno at the Kick Off Press Conference event in Hannover, Germany, Wednesday (12 /04) local time.

The ambassador for the Republic of Indonesia highlighted that through Hannover Messe 2023, Indonesia will display a variety of Industry 4.0 technologies and provide investment opportunities in Industrial sector from 157 co-exhibitors. Indonesia will also host a number of events, including the opening of Indonesian Pavillion at Hannover Messe Fairground with an area of 3000 m2, business summits, Indonesia country night, and some conferences with an industry-related theme.

Prior to holding the exhibition, the Indonesian government has also conducted publications and promotion events both domestically and overseas to increase public knowledge of the Hannover Messe 2023 event. The four primary goals of Indonesian participation at Hannover Messe 2023 are anticipated to be accomplished through those events, namely: 1) introducing Indonesia's vision of the Making Indonesia 4.0 road map; 2) promoting industrial cooperation; 3) promoting investment and export; and 4) strengthening the bilateral cooperation relationship with Germany as well as participating in the global supply chain network.

The Ministry of Industry (Kemenperin)
Public Relation Bureau, Jakarta
E: humaskemenperin@gmail.com

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

Former President of Worldwide Operations of Walt Disney Parks and Resorts Al Weiss Has Joined SKYX as a Senior Business Development Advisor

MIAMI, FL, Apr 3, 2023 – (ACN Newswire) – SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") SKYX, a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that Al Weiss, former President of Worldwide Operations of Walt Disney Parks and Resorts, has joined SKYX as a senior business development advisor. Mr. Weiss will assist the company with strategic business introductions, partnerships, and engagements in the U.S. and globally.

Prior to joining SKXY, Mr. Weiss had a distinguished 39-year career at The Walt Disney Company. Starting as an 18-year old cast member, he climbed the ranks holding several senior positions including President of Walt Disney World Resorts from 1994 – 2005, at which point he was appointed Disney's Worldwide President of Operations. While serving as President of Worldwide Operations of Walt Disney Parks and Resorts, he oversaw Disney's worldwide amusement parks, hotels-resorts, cruise lines, as well as products and experiences. Beyond Disney, Weiss has held various leadership positions, including Chairman of the Metro Orlando Economic Development Commission, Trustee at the University of Central Florida as well as Stetson University, and serving on the founding Board of Directors for Travel Promotion. In 2018, he launched Global Blockchain Ventures, a $100 million fund to invest in blockchain technology, where he serves as Chairman and General Partner.

Mr. Weiss said: "I am truly excited to join Rani, the SKYX team and their 'movement', as I strongly believe that the safety aspects and smart features of SKYX's smart platform technologies are game changing and will become a new standard for safe and smart homes, buildings, hotels and even cruise ships."

"We are happy and proud to announce that such a prominent business leader is joining the SKYX 'movement'," said Rani Kohen, Founder and Executive Chairman of SKYX Platforms. "In his new role, Mr. Weiss will assist the Company with strategic introductions, partnerships, and other engagements both in the U.S. and globally. I look forward to working closely with him to open new doors for SKYX in the quarters ahead."

About SKYX Platforms Corp.

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

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

Forward-Looking Statements

Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as "aim," "anticipate," "believe," "can," "could," "continue," "estimate," "expect," "evaluate," "forecast," "guidance," "intend," "likely," "may," "might," "objective," "ongoing," "outlook," "plan," "potential," "predict," "probable," "project," "seek," "should," "target" "view," "will," or "would," or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. Such forward-looking statements include statements such as that the safety aspects and smart features of SKYX's smart platform technologies are game changing and will become a new standard for safe and smart homes, buildings, hotels and even cruise ships. These statements reflect the Company's reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company's efforts and ability to drive the adoption of Sky's Smart Platforms into homes, buildings, cruise ships and communities and adoption by hotels, builders and architects, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, risks arising from mergers and acquisitions, and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.

Media Relations Contacts:
Britney Ouzts/Barbara Goldberg
O'Connell & Goldberg, Inc.
(754) 204-7074/ (954) 294-4677
bouzts@oandgpr.com / bgoldberg@oandgpr.com

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

SOURCE: SKYX Platforms Corp. dba Sky Technologies

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

Minetech Posts 58% Gain in 3Q Revenue to RM36 Million

KUALA LUMPUR, Feb 23, 2023 – (ACN Newswire) – Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer, today announced that the Company registered a 58.6% gain in revenue to RM36.3 million for the third quarter ended 31 December 2022 (3Q FY2023) compared with revenue of RM22.9 million in 3Q FY2022.

Matt Chin, Executive Director of Minetech

For the quarter under review, the Company recorded profit before tax (PBT) of RM0.2 million compared with loss before tax (LBT) of RM3.1 million while EBITDA has recorded its highest improvement of 166% compared to 3Q FY2022.

By segment, the civil engineering division registered a 41% rise in revenue to RM22.0 million in 3Q FY2023 compared with RM15.6 million in the corresponding quarter of the previous financial year. The bituminous products division's revenue grew by a significant 150% to RM10.0 million compared with RM4.0 million while the services division recorded a 60% increase in revenue to RM3.2 million compared with RM2.0 million.

For the nine months ended 31 December 2022 (9M FY2023), the Company registered a 45.3% increase in revenue to RM87.3 million compared with RM60.1 million in the corresponding period of the previous financial year. LBT narrowed significantly by 76.2% in 9M FY2023 to RM2.9 million compared with RM12.2 million in 9M FY2022.

Matt Chin, Executive Director of Minetech, said, "The Company is on the right growth path as we continue to see our losses narrow on significantly higher revenue contributions from the civil engineering and bituminous products divisions. We are also seeing a recovery in the services division and the food and beverage division is starting to contribute too."

"Following our two-pronged strategic focus in 2020, the Company diversified into areas that can support financial performance while at the same time, transforming and rationalising the business. Our ventures now include financial technology and renewable energy, areas that have long-term growth and that can provide recurring income."

"The Company is cautiously optimistic for the coming quarters given that the Malaysian construction sector expanded 8.8% in 2022, with all subsectors registering growth according to data from the Statistics Department. Notably, there was 20.8% growth in the civil engineering subsector in 4Q while the non-residential buildings subsector expanded 19.0% and special trade activities subsector grew 12.7%."

Minetech Resources Bhd: 7219 [BURSA: MINE], https://minetech.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

ASEAN Ceramics 2022 celebrates its return as the Ceramic Hub of Southeast Asia in Bangkok

The resumption of the leading and only regional exhibition for Ceramics
More than 100 exhibitors and brands globally
The trade fair consisting of exhibitions and its holistic supporting programs attracted 2,128 attendees spanning from nearly 30 countries

BANGKOK, Dec 16, 2022 – (ACN Newswire) – Once again, the ASEAN Ceramics trade fair has successfully established its status as the meeting point of the Ceramics Industry. Inaugurated by His Excellency Dr. Surapol Chamatr, Deputy Permanent Secretary of Ministry of Industry of Thailand with Mr. Paolo Dionisi, Ambassador of The Embassy of Italy and Giuseppe Lamacchia, Trade Commissioner of Italian Trade Agency, the show opened its doors to over 100 exhibitors and brands and 2,128 attendees from nearly 30 countries attended the event from 30 November – 02 December 2022. The top 5 international visitors came from ASEAN 82.4%, Asia 10.2%, Europe 4.0% and others 1.6% with the largest footprints coming from India, Vietnam, Malaysia, Japan, Singapore and Indonesia. The exhibition is a continuation of its previous editions to reunite the Ceramic Industry in support of providing the ASEAN region with access to the world’s leading technologies, equipment, solutions, know-how and best practices available in the market. Suppliers of the industry were able to meet, network and showcase their expertise to the key buyers and trade visitors, and have successfully strengthened and re-established their foothold in the world’s most dynamic region for the ceramics industry.

The trade fair calls for a significant regathering of the industry, and its positive turnout reflects the strength and commitment of the sector to reconnect after the pandemic. As highlighted by several exhibitors and trade visitors, a platform such as ASEAN Ceramics is still undoubtedly the best way to network and gain exposure to a global reach in the shortest amount of time. Michael Wilton, CEO & Managing Director of MMI Asia Pte Ltd and organiser of the exhibition, emphasized, “It is heartening to witness the regathering of the Ceramics Industry after the years of restrictions on physical meetings, be it for business or socially. There is a strength in this reunion as it reflects the sector’s commitment and pursuit for knowledge to support the overall growth of Ceramics in the Southeast Asian region.”

This edition of ASEAN Ceramics was in partnership with the ICTA2022 Conference which held technical presentations on Ceramic Industrial Technology, Glass and Coatings Technology, Advanced Ceramics and Ceramic Art and Design. Exhibitors were also invited to demonstrate their products in the Exhibition Seminar where the latest digitalisations, machineries, technologies and products were showcased to trade visitors and key buyers of various industries from Construction & Housing (bricks & roof tiles, wall & floor tiles, sanitary ware, clay) Consumer Goods (table & ornamental ware, household appliances), Industrial Applications (abrasives & refractories), High-Tech and Innovation such as Healthcare, Electronics, Security & Transport and Renewable Technologies and more.

The trade fair included several side events such as – a pre-event Factory Tour, Job & Education Fair, CICT Manufacturers’ Pavilion, Technical Ceramics Pavilion and a Ceramics Workshop, which offered visitors a holistic experience of current technologies and trending developments in the market. Both MMI Asia and Asian Exhibition Services joined forces to take ASEAN Ceramics to a new international level of excellence in Bangkok.

Various solutions, technologies and state of the art machineries were demonstrated at the event which include:

– Five Innovative product line market strategy such as DigitalGlass and KRYSTAL provided globally distributed ceramic products with excellent quality and performance by Younexa (Thailand) Co., Ltd

– Performance coating technologies and digitalization solutions by Ferro Performance Materials (Thailand) Co., Ltd/Vibrantz Technologies

– Sophisticated and fast-growing products in the sector such as specialty Alumina and Aluminium Tri-Hydrate materials from Hindalco Industries Limited

– Modernization and optimization of production processes on raw materials, sanitary ware and tableware pioneered by Source Runner Enterprise Co., Ltd./MCS Portugal

– Contamination free raw materials curated for Ceramic, Refractory & Catalyst Industry to provide maximum results using modern techniques by Deedwaniya & Brothers/DB Group.

ASEAN continues to boast a diverse production market in the manufacturing of sanitaryware, raw materials, insulators, tableware, giftware, supplies, refractory, heavy clay and advanced ceramics. The next ASEAN Ceramics – the 6^th edition of Southeast Asia’s leading international exhibition of Machinery, Technology and Materials for manufacturing white-ware, heavy clay and advanced ceramics, will take place from 28 November – 30 November 2023 at the International Center for Exhibitions (ICE) in Hanoi, Vietnam.

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

About ceramitec

ceramitec is the central event at which the entire ceramics industry–from manufacturers through to scientists–comes together. Over the course of four days, over 600 exhibitors from all over the world present their entire portfolios at the ceramics trade fair: machinery, devices, systems, processes, and raw materials. Every branch of the industry is represented, from classic ceramics through industrial ceramics, ceramic engineering to technical ceramics and powder metallurgy.

As a trade fair for suppliers, ceramitec is the meeting point for leading manufacturers, users, and scientists. This is a place to meet people and share your expertise. This forges synergies and raises awareness of new technologies and applications in industry, research, and development. Find more information about our visitor and exhibitor profiles here.

The next ceramitec will be held in Munich from April 23 to 26, 2024.

About ASEAN Ceramics

ASEAN Ceramics, known as the Ceramic Hub of Southeast Asia, is a platform for reconnecting the region’s Ceramic Industry. The trade far will continue to alternate on an annual basis between Thailand and Vietnam. The exhibitions will provide the ASEAN region access to the world’s leading technologies, equipment, solutions, know-how and best practices available in the market. Suppliers to the industry will meet, network and showcase their expertise to the key buyers from the region, and either strengthen or establish their foothold in the world’s most dynamic region for the ceramics industry. ASEAN Ceramics is organized by MMI Asia in cooperation with founders of the event, Asian Exhibitions Services Ltd. (AES).

About MMI Asia Pte Ltd

MMI Asia is a full subsidiary of one of the world largest and leading exhibition organizers; Messe München GMBH (MMG). MMI Asia was established in Singapore in 1992 and is now embarking on a significant growth and expansion program, bringing some of MMG’s world leading brands to the ASEAN market. MMG is the owner and organizer of the world’s leading ceramics trade fair ceramitec organized every three years in Munich.

Press contact
Syafia Naniesya (Nanie)
Marketing Executive
MMI Asia Pte Ltd
Tel: (65) 6236 0988 ext. 104
Mobile: (65) 9780 0648
Email: syafia@mmiasia.com.sg

SAMURAI 2K Aerosol: Achieving Its Digital Transformation Vision

SINGAPORE, Dec 5, 2022 – (ACN Newswire) – Listed on the Catalist Board of the Singapore Exchange, SAMURAI 2K Aerosol Limited (Stock Symbol: Y8E.SI) is a leading aerosol coating specialist focusing on high performance coating solutions for the automotive refinishing and refurbishing industry. Headquartered in Malaysia, its products are manufactured in the production facility in Johor, and distributed in countries including Malaysia, Indonesia, Thailand, Philippines, Vietnam, Cambodia, United Kingdom, United States of America, Singapore, and India.

Transformation for the Future

Founder and CEO, Ong Yoke En's crystal clear vision for the transformation of the Group is beginning to take shape. The aim is to build a strong digital platform by integrating online and offline business to create an omni-channel experience for its customers. The Group will transform from a product-driven business model to a data-driven service-oriented business model.

On 10 October 2022, SAMURAI 2K was handed the keys to 4 units of 5-storey shophouses for its new corporate office in Johor, Malaysia. This is a total of 20 units of 1700 sq ft each and marks another milestone in SAMURAI's digital transformation focused on innovation through leveraging on AI and data analytics. Digital content creation and technical support staff strength is expected to grow to 150-200 in 3 years.

Operating expenses for the build-up of digital infrastructure is already reflected in 1HFY2023 ended 30 September Financial Statement available on SGXNet at https://links.sgx.com/1.0.0/corporate-announcements/K8EDQT0VA6E8IE01/abcc2506b2fcf5f3d0684b32052a6f39dc827ac20d143367b3336f75857910f0 The Financial Statement shows marketing and distribution expenses increasing by 206% from RM2.36 million in 1HFY2022 to RM7.23 million in 1HFY2023.

Said Samurai 2K spokesperson Leo Aun Foo, "Initially our ecommerce business will focus on the Malaysian and USA markets. Subsequently we will roll out plans for Europe, Australia, Japan, and South America. Each country will require a team of 5-10 staff to handle".

It is with the online multi-country platform that the Group will be able to reap economies of scale, accelerate brand building, provide consumers with multi-media experience, create customer loyalty, and optimize business and product development through powerful data analytics.

Pipeline of Innovations and Inventions

The Group is targeting to launch the first-ever color mix-and-match system ("Tintatek" technology) of aerosol spray paint, which allows users (especially automotive consumers) to custom fill their desired colors into the aerosol can without the use of a complicated tool or equipment. Using Tintatek's color data bank, millions of color combinations can be generated. Users can create original color for themselves or re-create and perfectly match the original factory paint color of the object to be painted. The introduction of Tintatek into DIY spray painting is a revolutionary and disruptive innovation in the aerosol paint industry.

At the same time, the Group is currently building a spray-painting service online platform which matches users with providers of at-your-doorstep spray-painting services. The wide range of colors, textures and special effects (mirror, crystal, metallic, luminous and many more) of SAMUARI 2K paints, the easy-to-use 2-head resin plus hardener, together with Tintatek and matching of users with providers brings DIY spray painting to a new level and a new era. More and more of those who need to spray paint their possessions will now be attracted to DIY spray-painting, bypassing the need to go to a workshop with all its attendant costs and convenience. Together with SAMURAI 2K's multi-media websites, which include education and demonstrations of spray painting designs and techniques, this is expected to exponentially increase the size of the market for the Group's products.

4-Year Financial Performance Track Record

Many companies have bold visions to transform themselves. But whether they can achieve it also depends on the strength of their financials. For that , we need to look at a Company's long-term track record. The Group's 4-year financial performance track record is encouraging and gives confidence that it will be able to realize its transformation for the Future. The financials portray a future-ready but financially prudent company always ensuring that it will be able to ride out any short-term turbulence in the economy.

Table 1 below measures several aspects of Samurai 2K's financials through four years including the period of Covid-19 impact on the regional economies. It is rather rare for a company to exhibit positive numbers on all aspects of its financials.

GROWTH: Revenue
PROFITABILITY: Net Profit, Gross Profit Margin, Net Profit Margin
INVESTMENT MERIT: Return on Equity
LEVERAGE: Net Debt/Equity, Interest Coverage
LIQUIDITY: Current Ratio

Table 1: Stability and Financial Strength. (Samurai 2K FY is 31 March)
https://www.acnnewswire.com/docs/Multimedia/SAMURAI_2K_Aerosol.jpg

Table 1 shows a company that is financially strong, with consistent performance. Gross and Net Profit margins are above average for a consumer product. Debt/Equity has always been Net Cash, Current Ratio has always been above 2, and judging from the Interest Coverage, in the case of Samurai 2K, investors need not worry about the current high interest rate environment.

Conclusion

Samurai 2K's vision is a bold one but its financial performance track record and tangible progress in pursuing its vision are encouraging signs that its transformation for the Future is achievable.

This article is reproduced for international public consumption by Waterbrooks Consultants the investor relations consultant for Samurai 2K Aerosol Limited.

For more information, please visit www.waterbrooks.com.sg

Original article link: https://www.investor-one.com/editorial/22275-SAMURAI-2K-AEROSOL-ACHIEVING-ITS-DIGITAL-TRANSFORMATION-VISION

SAMURAI 2K Aerosol Ltd [SGX: SAMR] [BBG: SAMUR] [RIC: Y8E.SI] http://samurai2kaerosol.com/

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Startups rapidly emerging from Central Japan – local entrepreneurs explain why

Central Japan, Dec 2, 2022 – (ACN Newswire) – Central Japan, the region in which the new anime-themed park famous for its sci-fi fantasy machines and vehicles debuted earlier last month, is quickly becoming the homeland of startups paving the way towards the future of mobility. Earlier this week, the Japan External Trade Organization (JETRO), together with the Central Japan Startup Ecosystem Consortium, organized a tour to show the media how this lesser-known part of Japan, compared to Tokyo, Osaka or Kyoto, was rapidly giving birth to local entrepreneurs – as the result of education, collaboration, and homegrown determination. The century-old industry and network of suppliers in Aichi, Nagoya and Hamamatsu is also opening up to collaborate with startups from all corners of the world.

1. Education

Yukiko Konishi, vice director of the Startup Promotion Office at Nagoya University, or NU, explained how rival universities in the Central Japan region started to join forces to form the Tokai Network for Global Leading Innovation Platform (Tongali) in 2015. Today, 18 universities stand behind a vision to "cultivate human capital that creates and delivers value leading to the future and enriching people, society, and earth" through entrepreneurship education. In 2020, over 4000 high school students to scholars and graduates participated in Tongali's educational events and programs. As a Tongali co-founder and Startup consortium member, she noted NU was a staple in the outcome of this endeavor. 67 entrepreneurs (as of November 2022) who took flight from NU including Optimind, a Forbes 30 Under 30 Asia 2020, and Acompany, a Forbes 30 Under 30 Japan 2021.

Three NU startups shared their stories. Deep-tech startup Tier IV's chief strategy officer, Ko Miyoshi, explained their world's first open-source software for autonomous driving, which runs on multiple platforms and provides full-stack solutions for the commercialization of intelligent vehicles. Called Autoware, its the equivalent of "Intel inside" for autonomous driving, adopted by over 500 companies across the globe. Toyota's battery-electric shuttle buses and Robo Taxi also partner with TIER IV, while Taiwanese manufacturer Foxconn has agreed to a joint development project for autonomous personal cars with a precondition of Autoware in future EV platforms.

On the Delivery Robot front, we turned the spotlight on Dr. Jude Nwadiuto from Nigeria, a postdoctoral fellow at Nagoya University. Receiving a Ph.D. in autonomous driving and robotics from Nagoya University, the founder and CEO of Fainzy Technologies demonstrated how the warm and cute-looking Mira X and ZiBot models were more seriously gun-ho than meets the eye, going beyond just delivering the payload. Mira X's artificial intelligence (AI) can avoid getting stuck by predicting its path and detecting when food is taken, with a 3D Holographic fan for advertising quality. And ZiBot can make highly accurate decisions from AI-based demand forecast data collected through 360-degree environment sensing.

Another lab-born startup, PotStill's demonstration was a fine blend of technology and psychology. PotStill was established in August 2020 to develop a "driver agent that promotes the improvement of driving behavior", and elemental technology for reducing accidents of elderly drivers based on human interaction research. PotStill director Takahiro Tanaka Ph.D., a designated professor at the Institute of Innovation for Future Society at NU, took participants on a test drive with an adorable 8-inch-tall robot alerting for speeding or stop signs in a relatively narrow residential area.

2. Collaboration

The City of Nagoya's Innovation Department stressed Central Japan's startup ecosystem provides everything a startup needs. On top of the local government's generous support, the region has everything from startup hubs and venture finance to business matching sessions with highly trained workers in many specialized fields, such as mobility. Representatives from Aichi prefecture and Japan's largest incubation hub-to-be, STATION Ai, added that "the region invites entrepreneurs and capitalists from all corners to facilitate state-of-the-art open innovation by infusing new ideas with local craftsmanship." Participants witnessed a few examples:

Home-grown startup SkyDrive's Hiroyuki Murai, chief strategy officer, showed renderings of their new SD-05 two-seater flying car scheduled to fly at the 2025 World EXPO. His team comprises industry specialists from diverse backgrounds, including Bombardier and BAE Systems. But he also stressed that they would not have come this far without the partner ecosystem supporting them in mass production, flight control, charging facilities, parts procurement, leasing, and port architecture.

Koji Ishizuka, senior director of the Electrification Systems Business Group at DENSO, praised Urban Air Mobility (UAM) startups for accelerating technological advances, which would take far longer with larger established enterprises. Ishizuka described how their alliance with Honeywell led them to develop a propulsion solution for German air taxi startup Lilium's All-Electric Jet. DENSO and Honeywell have global project teams in Japan, the EU, and the United States, to expand their Electric Propulsion Unit supply for a growing UAM market demand.

In addition to the collaborative nature of the local business community, Dr. Yoshihiro Takiguchi, president of The Graduate School for the Creation of New Photonics Industries (GPI), described how the city's location, landscape, and climate, made it a microcosm of the nation. "The unique environment, combined with close ties between academia, industry, government, and finance, makes the region a perfect testing ground for startups, regardless of where they are headquartered," added Hamamatsu City officials.

3. Determination

Another recurring theme participants heard throughout the tour was "social purpose." Shunsuke Toya, CEO of ProDrone, explained how a flying mini-truck concept was the answer to their aspiration to solve societal challenges such as aging or inaccessible communities, maritime disasters, and terrorist attacks. Their belief led them to develop a variety of industrial drones specially designed for goods delivery, sea & air integration, long-range heavy-duty, and surveillance. Earlier this year, they partnered with a pharmacy chain to deliver medicines to remote areas of Japan. However, they are determined to go further with a macho-drone that can carry a payload of 50 kilograms over a distance of 50 kilometers.

eve autonomy, founded by Yamaha Motor and TIER IV, is an automated cargo transportation service for factories. Given the shrinking population in Japan, balancing human labor reduction and the safety of the plants is a pressing issue. Business development manager Iwakazu Nishikawa described how their award-winning products outperform conventional AGVs, which had difficulties operating between multiple buildings. Before the joint venture, AGVs, or Automated Guided Vehicles, could neither cope with congested traffic on-premise, maneuver irregularities such as ditches/manholes or slopes nor divert from a fixed guided route.

Director Haruyoshi Toyoda, Hamamatsu Photonics Central Research Laboratory, and his team demonstrated what the microscopic photonic sensing technologies embedded deep inside various daily products do. Autonomous driving would not be without the technology used in high-resolution Light Detection and Ranging (LiDAR). It is a remote sensing technology that measures distance by irradiating laser light on objects and catching the light reflected with a photosensor. Furthermore, the team said, "we are committed to continuously improving the performance of our lasers and sensors because it is a vital ingredient to achieve fully autonomous driving."

Participants also learned that the element of sound (or noise) was an unsung hero in driving safety. The operating officer of Yamaha Corporation, Electronic Devices Division, Nobukazu Toba explained how their longstanding expertise in acoustic research is being applied to Electric Vehicles (EVs) available today. EVs are silent. However, noise helps pedestrians know that a vehicle is approaching. Likewise, an accelerating sound helps drivers recognize speed. He also indicated that the company is in discussions with a Finnish startup to equip cars with warning sound signals (ie. bells and whistles in the driver's seat) coupled with vibrating features to discriminate from which direction the danger originates. "Acoustics and vibration have a lot in common."

Keiko Ihara, a Japanese race car driver, and first female driver to stand on the FIA World Endurance Championship (WEC) podium in 2014, founded Future Inc. two years ago to save her hometown's economy from deteriorating because of the pandemic. The series of carbon-neutral, maximum efficiency, lightweight e-bikes she designed takes many of its cues from racing cars. But her ultimate goal is to create a mobility-sharing service connected to a regional online portal of e-commerce, delivery, clinics, internet banking, and govt services. The grand vision of this new business model will not only revive local resorts and tourist spots, as she initially sought, but may even transform petrol stations into evolving community centers where people come together.

"The funds raised by startups in Japan are small compared to other parts of the world," noted Ihara in her talk. However, she cited Prime Minister Kishida positioning 2022 as the first year for actively fostering the founding of startups. "I believe clusters and pockets of communities all over Japan will start to connect to form an even bigger network of ecosystems. Because," she humbly added, "there is only so much you can do alone."

About the Central Japan Startup Ecosystem

There are 371 startups in Central Japan, of which 150 are university-launched. An estimated 18.615 billion yen (as of July 2022) of funds have been raised, in addition to accelerator programs, financial support systems, and innovative university seeds. Collaborative partnerships with Station F, INSEAD, BLOCK71, Paris&Co, Bpifrance, Venture Cafe, Plug and Play, Israel Innovation Authority, Tsinghua University, China Medical University, National University of Singapore, The University of Texas at Austin, Stanford University, North Carolina State University, University of Nebraska and the Indian Institute of Technology Hyderabad attract a diverse range of entrepreneurs to the region. For more information, please visit https://central-startup.jp/en.

Scheduled to open in 2024, STATION Ai will be a world-first, top-notch global innovation center. The center will provide a one-stop, one-loop link to world-class startup support programs through liaison with leading-edge startup support bodies and universities. Please visit https://www.aichi-startup.jp/english/support/.

About the Central Japan region

In July 2020, Aichi prefecture, the City of Nagoya, and Hamamatsu City of Shizuoka became one of the four regional Startup Ecosystem Global Base Cities groups designated nationwide by the cabinet office. The GDP of this region is 44,093.2 billion yen (as of 2019), mainly attributed to key industries such as Automotive, Aerospace, Machine Tools, Production Machinery, Iron and Steel, Musical Instruments, and Photonics/Electronics. The region's mission is to positively impact society by bringing the future of mobility to our doorsteps as soon as possible. The 6,731 km2 area is currently home to 8.29 million people, out of which over 300 thousand are foreign nationals – and will be a home-from-home for entrepreneurs and startups who share the same will and passion. In addition, various chill-out activities such as surfing, hiking, camping, paragliding, and ski/snowboarding are easily accessible. At the same time, seasonal marathon events and Formula One races are also hosted in adjacent cities. Furthermore, the American Chamber of Commerce, Tokai Japan Canada Society, Chubu Walkathon & International Charity Festival, and Nagoya Vegan Gourmet Festival are opportunities to meet like-minded locals.

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Yew Lee Posts RM6.1 Million Revenue in 3Q

KUALA LUMPUR, Nov 30, 2022 – (ACN Newswire) – Yew Lee Pacific Group Berhad, a manufacturer of industrial brushes as well as trading of industrial hardware and machinery parts, today announced that the Group recorded revenue of RM6.10 million for the third quarter ended 30 September 2022 (3Q FY2022).

Managing Director of Yew Lee, Mr. Ang Lee Leong

There are no comparisons on a year-over-year basis as the Group was listed on the ACE Market of Bursa Malaysia Securities Berhad on 7 June 2022.

For the quarter under review, Yew Lee reported gross profit of RM2.12 million while registering profit before tax (PBT) of RM0.96 million and profit after tax of RM0.76 million. For the nine-month period ended 30 September 2022 (9M 2022), the Group registered RM24.35 million in revenue while recording a profit before tax of RM0.39 million and a loss after tax of RM0.41 million.

Manufacturing activities contributed RM3.84 million to total revenue while trading activities contributed RM2.27 million in 3Q FY2022.

Managing Director of Yew Lee, Mr. Ang Lee Leong said, "We continue to sustain and generate profit from our operations. It is worth noting that stripping the one-off listing expenses of RM2.70 million, the Group would have reported a 9M 2022 PBT of RM3.0 million.

"The Group's immediate plans is to reduce its dependency on the rubber glove industry by seeking opportunities in the semiconductor, timber, glass and agriculture industries. We are encouraged by the political stability from the appointment of a new Prime Minister, and we hope that the new government will be supportive of the economy with sound policies and measures."

"Besides diversifying our customer base, which will take time, the Group is also improving its manufacturing efficiency and automating manufacturing processes by acquiring additional automated machinery and equipment to support the long-term growth of the business. We are also expanding the trading of industrial hardware and machinery parts especially in the central and southern regions of Peninsular Malaysia and, expanding to more markets overseas."

The Group's overseas markets include Thailand, Vietnam, Indonesia and Taiwan, which contributed about a quarter to total revenue in the financial year ended 31 December 2021.

Yew Lee Pacific Group Bhd: 0248 [BURSA: YEWLEE], https://yewlee.com.my/

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