Category: ACN Newswire

KUALA LUMPUR, MALAYSIA, Jan 6, 2025 - (ACN Newswire via SeaPRwire.com) - This Chinese New Year, Spritzer invites Malaysians to cherish heartfelt moments for a refreshing experience this festive season through its heartwarming campaign that brings families and friends closer together. As we usher in the Year of the Snake, Malaysia’s leading mineral water brand, Spritzer is excited to present its Chinese New Year (CNY) 2025 campaign that highlights the importance of open-hearted conversations, combining tradition with a modern touch while bringing loved ones closer together.At the heart of the campaign is Spritzer’s touching short film, “Speak from the Heart”, a tale reminding us to express ourselves with sincerity, respect and understanding, starring actors and brand ambassadors, Koe Yeet and Jaspers Lai with special appearances by Yagood and Jobroseph. This latest campaign is yet another reflection of Spritzer’s values which are deeply ingrained into its commitment to creating positive impact in society and doing good for humanity.Spritzer celebrates Chinese New Year in 2025 with “Speak from the Heart”, a short film to remind us to embrace the spirit of the seasonA Film to Inspire – “Speak from the Heart”The film tells a story familiar to many young Malaysians, about a young man named Jasper who is approaching his 30s and feeling the pressure from his family to settle down. With the Chinese New Year festive season approaching and his anxiety rising, Jasper enlists a hairstylist played by Koe Yeet to pretend to be his girlfriend for the day. With her humour, quick wit, and ability to hear the inner thoughts of others, Koe Yeet helps Jasper navigate conversations with his nosy aunt turning a potentially stressful situation into a memorable and light-hearted experience.“Speak from the Heart” channels the true spirit of the Year of the Snake, by reminding us to tap into wisdom, charm, intuition and elegance to glide through the complexities of life and relationships with our loved ones. Check out Spritzer’s short film, “Speak from the Heart”, which is available on the Spritzer Group’s YouTube channel today!Festive Gifts & Memorable Moments with SpritzerSpreading the festive cheer, Spritzer is offering exclusive gifts with purchases of its high-quality beverage products to add to the excitement of the season. Customers who buy RM38 worth of Spritzer products will receive a free Spritzer CNY Ceramic Bowl, while those who spend RM18 will get a free Spritzer CNY Retro Mug. These special edition items are sure to add a touch of tradition to your festive get-togethers.Spritzer’s Natural Mineral Water is also available with a special edition CNY bottle label to add to the festive excitement. Rich in silica to promote healthy skin, hair and nails, it is perfect for staying hydrated throughout the celebrations. In addition, Spritzer Sparkling, available in original and lemon flavours, makes for a refreshing beverage on its own. Spritzer Sparkling contains no sweeteners or calories, and is perfect for pairing with food, gifting to loved ones, and serving at gatherings.From inspiring short films to exclusive gifts, Spritzer’s CNY 2025 heartwarming campaign is designed to fill your festive season with cheer and positivity. Don’t miss out on the chance to embrace heartfelt traditions while enjoying the refreshing benefits of Spritzer’s beverages this Chinese New Year.Spritzer’s “Speak from the Heart” short film is available on the Spritzer Group YouTube channel. For more details about Spritzer’s Chinese New Year campaign, please visit our website at https://www.spritzer.com.my/.For more high-resolution photos, please download them here.About SpritzerSpritzer, Malaysia’s No.1 bottled water brand since 1989, sources its water from a 430-acre tropical rainforest in Taiping. The water undergoes a natural filtration process through underground rocks for over 15 years, enriching it with essential minerals like Silica, which benefits skin, bones, hair, and nails.As a leader in smart manufacturing, we use advanced technology to ensure quality and safety. Our packaging is 100% recyclable and made from recycled materials, reflecting our commitment to sustainability. Tested annually by SIRIM, our products are free from microplastics.Spritzer offers a full range of products, from Natural Mineral Water and Sparkling Water to Distilled Water and Fruit-flavoured Beverages, catering to every lifestyle and occasion. With a vision to become a circular brand by 2030, we are committed to sustainability and delivering quality you can trust.Spritzer—nature, innovation, and sustainability in every bottle. For more information, please visit www.spritzer.com.my. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jan 3, 2025 - (ACN Newswire via SeaPRwire.com) – Galaxy Payroll Group Limited (NASDAQ: GLXG, “GLXG”,“Galaxy Group”) and People Intelligence Singapore Pte. Ltd. (“PIS”) are pleased to announce the formalization of a strategic partnership through the signing of a Memorandum of Understanding (MOU) on January 2, 2025. This partnership establishes a collaborative framework aimed at fostering mutual growth by enhancing brand visibility, improving operational efficiency, and expanding market presence.The partnership between GLXG and PIS represents a strategic alignment of expertise, centered on enhancing brand visibility, improving operational efficiency, and expanding market reach. By harnessing its extensive customer base and industry network, GLXG is set to elevate PIS’s brand recognition and facilitate its entry into new markets. Meanwhile, GLXG’s Human Resources Information System (HRIS), a core offering of the company, will play a pivotal role in this collaboration by providing cutting-edge tools for integrated employee management. With features such as payroll automation, performance tracking, and compliance monitoring, the HRIS ensures data accuracy, operational consistency, and improved efficiency across both organizations. Together, GLXG and PIS are poised to explore new business opportunities, capture greater market share, and strengthen their global standing.A Strategic Alliance for Long-Term GrowthThis collaboration represents a convergence of the strengths of GLXG and PIS, creating a powerful platform for sustained mutual growth. It aims to deliver far-reaching benefits, from operational enhancements to broader market presence and amplified brand equity. Galaxy Group’s role will include utilizing its expansive network and established customer relationships to introduce and actively promote PIS’s innovative platforms, services, and products. Designating PIS as a preferred service provider, GLXG will not only endorse PIS but also facilitate meaningful connections by organizing high-impact events, such as webinars and conferences, that target potential clients and key stakeholders.Simultaneously, PIS will provide GLXG with an end-to-end suite of human resources management services through its Omni platform. These offerings encompass both Core Platform and Add-On Services tailored to meet the specific needs of GLXG. Beyond implementation, PIS will leverage data insights derived from Omni to offer strategic guidance, helping GLXG streamline its internal processes, enhance operational efficiency, and drive strategic growth. Together, this alliance sets a blueprint for long-term success, empowering both organizations to capitalize on shared opportunities and redefine industry benchmarks.The MOU is set to take effect immediately upon signing and will remain valid for an initial term of three years, subject to modification or extension based on the needs of both parties.About Galaxy Payroll Group LimitedGalaxy Payroll Group Limited is a recognized leader in providing tailored HR and corporate solutions to businesses seeking to expand their operations regionally and internationally. With in-depth expertise in navigating the complexities of international regulations, Galaxy Group offers seamless solutions to support companies in establishing new entities and managing their global business operations. Galaxy Group’s commitment to delivering efficient, cost-effective solutions allows organizations to focus on their core business while addressing the challenges of compliance and market entry in new regions.About People Intelligence Singapore Pte. Ltd.People Intelligence Singapore Pte. Ltd. is a leading provider of advanced human resources management solutions, offering a comprehensive suite of services through its Omni platform. Omni is an all-in-one HR management system that streamlines the entire employee lifecycle, from recruitment and onboarding to payroll and performance management. PIS is dedicated to empowering organizations across Asia and beyond with innovative tools to optimize HR processes, enhance productivity, and foster high-performing teams.For more information, please visit Galaxy Payroll Group’s website: www.galaxyapac.comForward-Looking StatementsMatters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words “believe,” “anticipate,” “intends,” “estimate,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.For enquiry, please contact Intelligent Joy Limited:Rosanne RenPhone: (852) 3594 6407Email: pr-team@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com.

SINGAPORE, Jan 3, 2025 - (ACN Newswire via SeaPRwire.com) - People often associate the end of the year as a time to wind down, slow down and get into the New Year celebration mood – but surprisingly, around the world, research has shown that stress levels actually increases during the holiday season, with year-end work deadlines, last-minute shopping, loneliness, and increased travel commitments as a large contribution to the additional pressure. With 87% of Singaporeans already experiencing high stress levels throughout the year, the number spikes further as the close of the year creeps in.In the post-pandemic era, research has proven that there is an intrinsic link between stress, immune function, and vulnerability to illnesses. The higher stress one faces on a day-to-day basis, the weaker the immune function becomes. Increased social interactions, feasting and late nights also causes a strain on the immunity and overall well-being of individuals.For example, the prevalence of leisure sickness, falling ill during or immediately after vacations, has been the focus of many researchers – why do people fall sick after a holiday break? Leisure sickness is caused by a combination of chronic stress, disrupted routines, and exposure to pathogens unfamiliar to the body from foreign lands, which have been shown to leave individuals with a weakened immune system, further underscoring the need for immune support during the holidays.In light of the holiday season, LAC (pronounced as L-A-C), is dedicated to maintaining optimal stress and immunity levels among individuals, to allow them to fully enjoy and immerse themselves in the season of giving with its TriAction C 1000 - Timed-Release and its best-seller, LAC Masquelier’s French Pine Bark Extract.LAC TriAction C 1000 - Timed-Release is formulated to support the immune system and help mitigate the effects of stress and seasonal flu. Packed with a revolutionary Vitamin C formula, the advanced timed-release technology ensures that individuals receive the right amount of Vitamin C, enhancing vitality and fortifying the immune system to stay strong and healthy.Stress-induced free radicals can significantly weaken the immune system and damage cells in the body. Rich in powerful antioxidants, LAC Masquelier’s French Pine Bark Extract helps to neutralise these harmful free radicals, strengthening the body’s natural defenses, promoting resilience against viruses and maintaining overall-wellbeing. Copyright 2025 ACN Newswire via SeaPRwire.com.

SHANGHAI, China - January 2, 2025 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK, 'Everest', or the 'Company'), a biopharmaceutical company focused on the discovery, clinical development, manufacturing and commercialization of innovative therapeutics, today announced that with the official implementation of the latest update of the National Reimbursement Drug List ("NRDL") on January 1, 2025, NEFECON(R) will apply the NRDL pricing, which will benefit more IgA nephropathy (IgAN) patients.NEFECON(R) was included in the NRDL in November 2024. As the first IgAN etiological treatment drug fully approved by the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA), NEFECON(R) received NDA approval from the National Medical Products Administration (NMPA) of China in November 2023 through Priority Review. It is the only approved treatment for primary IgAN in adults at risk of disease progression in China.Based on policies in various provinces and cities, NEFECON(R) will be eligible for NRDL reimbursement starting in January. Patients will be able to obtain the medication at designated medical institutions or pharmacies and benefit from the reimbursed pricing. The official implementation of the NRDL will expand the accessibility of NEFECON(R), alleviate the financial burden on patients, and enable more IgAN patients in China to benefit from this innovative drug.Results from the Chinese population of the Phase 3 clinical study NefIgArd study shows that NEFECON(R) reduces kidney function decline by 66%, and delays disease progression to dialysis or kidney transplantation by 12.8 years. With its innovative mechanism of action and clinical advantages, NEFECON(R) has been recommended by several authoritative treatment guidelines. Most recently, it was included in the KDIGO 2024 Clinical Practice Guideline for the Management of Immunoglobulin A Nephrophthy (IgAN) and Immunoglobulin A Vasculitis (IgAV) (Public Review Draft), issued by the kidney disease: Improving Global Outcomes (KDIGO) organization.About NEFECON(R)NEFECON(R) is a patented oral, delayed release formulation of budesonide, a corticosteroid with potent glucocorticoid activity and weak mineralocorticoid activity that undergoes substantial first pass metabolism. The formulation is designed as a delayed release capsule that is enteric coated so that it remains intact until it releases budesonide to the distal ileum. Each capsule contains coated beads of budesonide that target mucosal B-cells present in the ileum where the disease originates, as per the predominant pathogenesis models.In June 2019, Everest Medicines entered into an exclusive, royalty-bearing license agreement with Calliditas Therapeutics, which gives Everest Medicines exclusive rights to develop and commercialize NEFECON(R) in mainland China, Hong Kong, Macau, Taiwan, China and Singapore. The agreement was extended in March 2022 to include South Korea as part of Everest Medicine's territories.About Everest MedicinesEverest Medicines is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company's core therapeutic areas of renal diseases, infectious diseases and autoimmune disorders. For more information, please visit its website atwww.everestmedicines.com.Forward-Looking Statements:This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'confident' and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law. Copyright 2025 ACN Newswire via SeaPRwire.com.

SINGAPORE, Jan 2, 2025 - (ACN Newswire via SeaPRwire.com) - AEM Holdings Ltd. (“AEM” or “the Group”), a global leader in test innovation, today announced the appointment of Kwek You-Cheer as its new Chief Financial Officer (“CFO”) with effect from 2 January 2025. Mr. Kwek has over 20 years’ experience in strategic financial leadership and operations internationally, which positions him well to guide AEM’s financial strategy and drive operational efficiency across the Group.Kwek You-CheerMr. Kwek joins AEM from Lenovo Group’s Asia Pacific Infrastructure Solutions Group (ISG), where he served as CFO. Prior to Lenovo, Mr. Kwek spent time as CFO at Microsoft Hong Kong and in a variety of finance roles in over a decade at Schneider Electric.Mr. Kwek graduated from Nanyang Technological University with a Bachelor of Accountancy (Honours).Ms. Amy Leong, Chief Executive Officer of AEM, commented, “We are pleased to have Mr. Kwek join the team, and believe his experience and knowledge will be an invaluable asset to the team in helping us achieve robust growth with a focus on improved operational efficiency.”About AEM Holdings Ltd.AEM is a global leader in test innovation. We provide the most comprehensive semiconductor and electronics test solutions based on the best-in-class technologies, processes, and customer support. AEM has a global presence across Asia, Europe, and the United States. With manufacturing plants located in Singapore, Malaysia (Penang), Indonesia (Batam), Vietnam, and Finland (Lieto), South Korea, and the United States (Tempe) and a global network of engineering support, sales offices, associates, and distributors, we offer our customers a robust and resilient ecosystem of test innovation and support.AEM Holdings Ltd. is listed on the main board of the Singapore Exchange (Reuters: AEM. SI; Bloomberg: AEM SP). AEM’s head office is in Singapore.Issued for and on behalf of AEM Holdings Ltd. by Financial PR Pte LtdFor more information please contact:Kamal SAMUEL / Shivam SARAFFinancial PR Pte LtdTel: 6438 2990 / Fax: 6438 0064E-mail: kamal@financialpr.com.sg / shivam@financialpr.com.sg Copyright 2025 ACN Newswire via SeaPRwire.com.

WINCHESTER, ENGLAND, Jan 3, 2025 - (ACN Newswire via SeaPRwire.com) - Millions of people try vegan diets each January as part of the global Veganuary campaign. In 2024, roughly 25 million people sought a fresh start for their health and the environment through vegan diets. Yet in the decade since Veganuary was founded in 2014, dogs and cats have been almost entirely excluded. Now however, veterinary Professor Andrew Knight is calling for Veganuary to be extended to pets.Writing in The Conversation, Knight notes that dogs and cats may also experience health benefits associated with vegan diets: "By late 2024, 11 studies in dogs, three in cats, and one systematic review covering both had all demonstrated that dogs and cats thrive on modern vegan or vegetarian diets. Certain health benefits appear consistent, such as a reduction in obesity and of conditions that may be triggered by animal-sourced allergens, like itchy skin and ears and gastrointestinal problems." However, he notes that "all diets, including vegan diets, should be manufactured by reputable pet food companies which carefully formulate their food to be nutritionally sound."Professor Knight is a very experienced dog and cat veterinarian with a PhD in vegan pet food. His most recent study examined the environmental benefits of such diets. These shattered long-standing assumptions that it is only people who need to change their diets for environmental reasons.Knight found that in nations with high pet ownership - such as the US, pet food consumes around 20% of all land animals killed for food, as well as billions of fish and marine animals. Globally, it's around 9% - even after accounting for the use of by-products of human food production.This means at least six billion land animals are killed each year to feed the world's approximately 470 million pet dogs. Use of nutritionally sound vegan dog food would provide enormous savings of land and fresh water, which could be used for reforestation, re-wilding, biodiversity increase, and carbon capture. It would spare a staggering 0.57 gigatonnes (1 gigatonne is 1 billion tonnes) of CO2-equivalent greenhouse gases each year - 1.5 times the 0.38 gigatonnes emitted by the whole of the UK in 2023.Because most plant calories fed to livestock animals are lost during conversion to meat, milk or eggs, directly consuming plant-based ingredients can also save food energy. A global transition to vegan dog food would spare sufficient food energy to feed around 450 million people annually - or the entire human population of the EU.Sustainability benefits are large even considering the world's roughly 370 million pet cats. A global transition to nutritionally sound vegan cat food would spare sufficient food energy to feed around 70 million people annually - larger than the human population of the UK.Said Knight, "An average-sized dog can consume as much meat as a person. If you want better health and environmental outcomes in 2025, try Veganuary - and please don't forget your pets!" Advice is available via his website.Contact InformationAndrew KnightVeterinary Professor of Animal Welfareandrew.knight@murdoch.edu.auSOURCE: Representing Animals Foundation Copyright 2025 ACN Newswire via SeaPRwire.com.

- Themed “New Play for All”, the three international events bring together over 2,500 exhibitors from 34 countries and regions- Toys & Games Fair's Electronic & Remote Control Toys and Educational Toys & Games zones have expanded, in addition to the debut of an ESG pavilion- Record number of exhibitors at Hong Kong Baby Products Fair- HKTDC organised over 200 buying missions from more than 40 countries and regions to Hong Kong for sourcingHONG KONG, Jan 2, 2025 - (ACN Newswire via SeaPRwire.com) – Kicking off a brand new year, the 51st HKTDC Hong Kong Toys & Games Fair, the 16th HKTDC Hong Kong Baby Products Fair and the 23rd Hong Kong International Stationery & School Supplies Fair will all be held at the Hong Kong Convention and Exhibition Centre from 6 to 9 January. The Hong Kong Toys & Games Fair and Hong Kong Baby Products Fair are organised by the Hong Kong Trade Development Council (HKTDC), while the Hong Kong International Stationery & School Supplies Fair is jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd.Sophia Chong, HKTDC Deputy Executive Director, said: “Themed New Play for All, the three fairs attracted more than 2,500 exhibitors from 34 countries and regions, including pavilions from Hong Kong, Mainland China, Taiwan, Korea, and Europe. We have also invited more than 200 buying missions from over 40 countries and regions to Hong Kong for sourcing, creating new opportunities for the industry and injecting new momentum into Hong Kong's economic development.The Toys & Games Fair and Baby Products Fair continue to feature the popular ‘Brand Name Gallery’, with 40% more brands compared to last year, and totalling more than 380 famous toys, baby and children's brands, enabling buyers to source the latest designs and quality products.”Asia's flagship toy fair sees expansion in two major exhibition zonesAs the flagship toy fair in Asia and the HKTDC’s first trade show of the year, the Hong Kong Toys & Games Fair, along with the Hong Kong Baby Products Fair and the Hong Kong International Stationery & School Supplies Fair, bring cross-industry business opportunities to visitors from diverse sectors.This year's Toys & Games Fair sees an expansion in exhibition space in two major zones. This includes the Electronic & Remote Control Toys and Educational Toys & Games zones.The Green Toys zone makes a welcome return and will showcase eco-friendly and innovative products.In addition, many exhibitors have introduced toys that incorporate green elements and promote environmental awareness in recent years. Both the Toys & Games Fair and the Stationery & School Supplies Fair will feature "Green Leaf" label on-site to facilitate buyers in sourcing related products.Funded by the Trade and Industrial Organisation Support Fund of the Trade and Industry Department, HKSAR Government, the Toys Manufacturers’ Association of Hong Kong and FHKI Group 19 (Hong Kong Toys Council) will present the first ESG Pavilion showcasing toys incorporating Environment, Social and Governance (ESG) elements, including products made entirely from eco-friendly or recycled materials. Exhibitors are using various creative methods to promote sustainable development, emphasising the value of social responsibility and ESG fundamentals.This year’s Toys Fair has an impressive pavilion lineup, including those from Mainland China, Taiwan, Korea, and the Spielwarenmesse eG’s World of Toys Pavilion which will host various European exhibitors. The Hong Kong Brand Toy Association (HKBTA) Pavilion once again promotes the local creative industry and trendy toy products to international buyers.The Smart Tech Toys & Games zone will feature tech products operated by applications, incorporating virtual reality (VR), augmented reality (AR), mixed reality (MR) and other technologies. Kidult World will showcase toys specifically designed for adults with a childlike spirit, such as collectibles, magic props, models, and puppets.Record number of exhibitors at Baby Products FairWith more than 660 exhibitors, this year's Hong Kong Baby Products Fair boasts the most exhibitors ever. The popular ODM Strollers and Gear zone continues for the second consecutive year, featuring over 80 exhibitors, making it easier than ever for buyers to source products from original design manufacturers. The Selection of Europe pavilion returns and will feature, for the first time, the UK’s Baby Products Industry Association putting a spotlight on quality European baby brands and products. This year sees the return of several popular pavilions, such as the well-known Korean and Hong Kong Children, Babies, Maternity Industries Association pavilions. Making their debut this year is the Zhejiang Zhili pavilion which will present an array of high-quality infant and children’s clothing.The Toys & Games Fair and Baby Products Fair continue to feature the popular Brand Name Gallery, bringing together over 380 well-known brands from around the globe, allowing buyers to source the latest designs and high-quality products from a variety of brands.Jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd, the Hong Kong International Stationery & School Supplies Fair will feature the latest school and office supplies, creative art supplies and gift stationery. The organisers continue to cooperate with renowned industry associations in different regions, including China Stationery & Sporting Goods Association, Malaysia Stationery Importers and Exporters Association and The Federation of Stationers and Booksellers Association of Malaysia.Asian Toys & Games Forum and various seminars help the industry seize opportunitiesHelping buyers and sellers broaden their business networks and learn about the most recent market trends, there are a number of networking events, buyer forums, product demo and launch pad, and seminars throughout the fair period.On the second day of the fair, the Asian Toys & Games Forum will be held. Themed Beyond Fun and Play: Fostering Social Responsibility in the Toy Industry, international toy and game industry experts will discuss the role of toys and games in therapy, healthcare and wellness, and their impact on socialisation and active ageing. Other seminars will cover popular topics such as toy safety regulations, toy sustainability, and gender-based perspectives and inclusivity in the toy market.The three exhibitions offer buyers a one-stop sourcing platform, creating more cross-industry business opportunities. Under the EXHIBITION+ model, the fairs integrate physical exhibition and the Click2Match smart business matching platform for online business meetings. The online exhibition will be early accessible from 30 December 2024 until 16 January 2025, to sustain and create greater business opportunities for the industry. Buyers can also scan QR codes at exhibitor booths using the Scan2Match service to bookmark their favourite exhibitors, browse product information and engage with exhibitors even after the fair to make for more business connections.Photo Download:https://bit.ly/4fLhGt0Sophia Chong, HKTDC Deputy Executive Director (centre), Bryant Chan, Chairman of the HKTDC Toys Advisory Committee (left) and Judy Cheung, Deputy General Manager of Messe Frankfurt (HK) Ltd (right), attended the press conference presenting highlights and innovative products of the Toys & Games Fair, Baby Products Fair and Stationery & School Supplies Fair, which will open next Monday (6 January).One green toy at the Toys & Games Fair is the “Voice of Nature” 3D paper puzzle. The product comes with multiple movable joints. By gently shaking the product, it mimics the sound of animals. The puzzle, instruction manual and packaging are all made from pure wood pulp kraft paper, making the entire product recyclable and minimising environmental damage.The officially authorised 1/64 scale Super Car Collection Lamborghini Essenza SCV12 model.Gateway Space Station Interactive Model is a STEM learning toy, and a detailed replica of Gateway; a part of the NASA Artemis project.An exhibitor at the Baby Products Fair showcases the lightweight and portable 2anagels Silicone Diamond Suction Baby Bowl, which is designed and made in Taiwan, featuring a patented interlocking design, certified by German LFGB, with heat resistance up to 220°C.Exhibitor at the Stationery & School Supplies Fair showcases a school backpack with a fused lunch bag, featuring a spacious main compartment for books and supplies, while the integrated lunch bag keeps snacks fresh and easily accessible.Fair WebsitesHKTDC Hong Kong Toys & Games Fair: hktoyfair.hktdc.comHKTDC Hong Kong Baby Products Fair: hkbabyfair.hktdc.comHong Kong International Stationery & School Supplies Fair: hkstationeryfair.comRegister for free entry pass: https://tinyurl.com/eb3w32p8Media enquiresPlease contact HKTDC’s Communication & Public Affairs Department:Sharon HaTel:2584 4575Email:sharon.mt.ha@hktdc.orgJane CheungTel:2584 4137 Email:jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 51 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. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jan 2, 2025 - (ACN Newswire via SeaPRwire.com) – Strategic Public Relations Group (“SPRG” or the “Group”) proudly announces its transition into its 30th year of development – a significant milestone in its business journey. To celebrate, the Group will organise various events and activities, including a 30th Anniversary Logo Design Contest that was held at the end of 2024. The logo with the “30” and globe will be used in various SPRG materials in 2025 and represent the Group’s commitment to delivering the best services to clients via its global reach and international talent pool. To kick off the anniversary of SPRG, colleagues are offered bubble tea, refreshments and massages on their first working day of the new year.Richard Tsang, Founder and Chairman of SPRG, said, “The chewy bubbles represent pearls, which fit perfectly with our 30th anniversary theme. Just as pearls take time to form and develop their lustre, SPRG has over time developed and grown in stature. In the past 30 years, we have navigated a complex and ever-changing global political and economic landscape. We have had to face each challenge with agility, resilience and unwavering commitment, and these qualities have enabled SPRG to evolve from a local office in Hong Kong into one of the largest PR groups in the APAC region, boasting a cohesive family of 20 member companies. This evolution has enabled us to expand our services beyond a strong foundation in financial services to a broader range of integrated solutions, setting us apart in a dynamic marketplace.”SPRG has consistently bolstered its presence and scope while remaining committed to delivering exceptional services and pursuing continuous advancement. In 2024, the Group added research capabilities as its latest offering, which will be led by a university professor specialising in research, particularly on environmental, social, and governance (ESG) issues. With academic backing and an in-depth understanding of global trends, SPRG will conduct targeted surveys and research to provide tailored solutions to clients and the community. SPRG believes that such endeavours will not only meet the evolving needs of existing clients, but will also attract new ones, as well as further diversify the Group’s service offerings.In line with its service diversification efforts, SPRG launched Strategic DigitaLab (SDL) In 2024, the Group took a significant step forward by refreshing the SDL brand image. With exceptional storytelling capabilities, SDL excels across multiple platforms, attracting clients seeking large-scale content creation services that engage and inspire their target audiences. By harnessing collaborative creativity and digital expertise, SPRG is well positioned to seize early opportunities and meet the demands of major clients in this rapidly evolving landscape.In 2024, SPRG also sharpened its competitive edge by acquiring full ownership of Financial & Corporate Relations Pty Limited (FCR), an IR/financial communications agency with a 40-year legacy based in Sydney, Australia. This acquisition enhances the Group's ability to serve clients in the southern hemisphere, and SPRG looks forward to achieving breakthroughs with FCR's support.SPRG’s commitment to excellence has resulted in over 540 awards and accolades received since its inception, including Asia Pacific Network of the Year, Public Relations Agency of the Year in Asia Pacific, Public Relations Agency of the Year in Asia, Greater China Independent Agency of the Year, Hong Kong Consultancy of the Year, Asia Pacific Financial Consultancy of the Year, Best Crisis Management Team, and Market Leadership in Public Relations, etc. “We would not be celebrating our 30th anniversary and the many successes that have come without the steadfast dedication and teamwork of our colleagues”, said Richard. “As SPRG embarks on a new chapter of development, we will remain committed to excellence and innovation in the public relations industry. In the future, we will continue to enhance service offerings, embrace automation and technology, and offer training and exposure to our teams. The Group is also a staunch advocate of corporate citizenship and will continue to be actively involved in charitable initiatives and pro bono projects that benefit society.”About Strategic Public Relations Group (“SPRG”)Established in 1995 as an investor relations specialist in Hong Kong, SPRG has grown to become an integrated PR group that prides itself on providing exceptional services to local and international clients in Asia Pacific. SPRG has 250 professionals working from eight locations across APAC, providing clients with holistic communications services. With affiliates around the world and PROI Worldwide partners, SPRG can help clients access over 165 cities globally. Visit www.sprg.asia for more information.EnquiriesStrategic Public Relations GroupEveline WANTel: (852) 2864 4822Email: eveline.wan@sprg.com.hkWebsite: www.sprg.asiaHong Kong | Beijing | Shanghai | Guangzhou | Taipei | Singapore | Kuala Lumpur | Sydney Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Dec 30, 2024 - (ACN Newswire via SeaPRwire.com) – Hong Kong's healthcare engineering sectors have actively responded to the Hong Kong SAR Government's efforts to promote advanced and modern construction technologies for fostering efficient building construction practices. In 2020, the industry adopted the innovative “Modular Integrated Construction” (MiC) technology, coupled with the “Multi-trade Integrated Mechanical, Electrical and Plumbing” (MiMEP) construction method, to construct the world’s first high-standard negative-pressure isolation ward module that could be assembled and deployed fast and easy. The module was repurposed for anti-epidemic use during the first wave of the COVID-19 pandemic that year. After the pandemic, the negative-pressure isolation ward module was put on public display at the CIC-Zero Carbon Park in Kowloon Bay to promote the MiC construction method. When the about two-year display ends in 2025, parts of the module will be recycled for purposes including reuse and further research. The project has demonstrated the immense potential of innovative engineering technologies in serving public health needs and laid a solid foundation for modular design in constructing infectious disease isolation facilities.The engineering sector in Hong Kong putting all heads together, applying innovative thinking and technologies, contributed to the fight against the COVID-19 pandemic raging in 2020. It took the industry only four months, starting from initial sketching to completing the project, to deliver in May 2020 a negative-pressure isolation ward meets hospital-grade standards, the first of its kind globally and was later hailed as the “Hong Kong version of Huoshenshan Hospital.” The facility exemplified the professionalism, innovative spirit, and rapid crisis response capabilities of Hong Kong’s engineering sector. Moreover, it has provided a significant reference model for the concerned global community in addressing similar events.The project used advanced MiC technology, plus the MiMEP construction method, which together significantly enhanced construction efficiency, shortening the entire construction cycle to just about a month. MiC technology enabled close to 80% of the construction process to be prefabricated in factories before being transported to the site for rapid assembly, adjustment, and testing. The approach not only drastically reduced on-site construction time, but also ensured high-quality standards and sustainability. Rigorous ventilation tests verified that the isolation ward could provide an effective negative-pressure environment, efficiently blocking the spread of highly infectious airborne viral particles. A distinctive feature of the design is it does not rely on a centralised air conditioning system with extensive external ventilation ducts. Instead, the MiMEP system's built-in ventilation and air conditioning provide a self-sufficient airflow design, effectively controlling infection. Given her limited land resources, Hong Kong needs designs that can fit into small spaces, and the project was then a “highly condensed design” unprecedented in the world.Ir Prof P L YUEN, Past President of the Hong Kong Institution of Engineers (HKIE), Past Vice President of the United Kingdom Chartered Institution of Building Services Engineers (CIBSE), and Chairman of the Hong Kong Branch of the United Kingdom Institute of Healthcare Engineering and Estate Management (IHEEM), said, “Inspired by the country’s 'Huoshenshan' project at the time, we began exploring how to construct high-standard isolation wards for limited spaces. The design required interlocking double-door control to precisely regulate airflow. To ease transportation, using the dimensions like those of a standard shipping container in our blueprint was an ideal option. By integrating MiC and MiMEP construction methods, we achieved a self-sufficient ventilation and air-conditioning design for the ward, matching with a compact electrical and mechanical module to supply its power and other engineering services demand. That innovative design was also the world’s first at the time." Prof Yuen also shared this design with fellow engineers, fostering collaboration to construct more suitable isolation facilities.Professor Yuen added, "The successful project shows that engineering innovation has a vital role to play in addressing public health challenges. While this project has fulfilled its historical mission, it is not the end. I hope it will encourage wider adoption of the proven method, novel and efficient, in other advanced building projects, which the Government is keen to promote. Furthermore, I hope it will inspire more local engineers to embrace innovation and technology, and together show and tell the many success stories of Hong Kong engineering."Ir Prof P L Yuen, Past President of the Hong Kong Institution of Engineers(HKIE), Past Vice President of the United Kingdom Chartered Institution ofBuilding Services Engineers (CIBSE), and Chairman of the Hong Kong Branchof the United Kingdom Institute of Healthcare Engineering and EstateManagement (IHEEM), expressed his heartfelt gratitude to the engineeringsector for their unwavering support. Working as one, in 2020, , the industry adopted the advanced “Modular Integrated Construction” (MiC) technology,coupled withthe “Multi-trade Integrated Mechanical, Electrical, and Plumbing” (MiMEP)construction method, to construct the world’s first high-standard negative-pressure isolation ward module that could be assembled and deployed superfast, marking a groundbreaking achievement of Hong Kong’s engineering sector.The design of the high-standard negative-pressure isolation ward featuresa self-sufficient airflow system enabled by the MiMEP construction method,that does not require a centralised air-conducting system withextensive external ventilation ducts. The built-in ventilation and air-conditioning system can effectively control infection by creating the necessary airflow path in the ward. Picture shows Prof Yuen conducting a smoke test showing air only flowing in one direction into the ward or being extracted through the ventilation system.Rigorous ventilation tests verified that the high-standard negative-pressureisolation ward can provide a high-quality negative-pressure environment,effectively blocking the transmission of highly infectious airborne particles to outside occupying areas.After the pandemic, the high-standard negative-pressure isolation ward module was put on an about two-year public display at the CIC-Zero CarbonPark in Kowloon Bay to promote the “Modular Integrated Construction” (MiC)method. When the display ends in 2025, some components of the module willbe recycled for purposes including reuse and further research.In addition to the double interlocking door control systems installed at the entrances to regulate airflow, the high-standard negative-pressure isolation ward is equipped with ultraviolet (UV) disinfection dual-door pass-through boxes to give patients convenience access to external supplieswhile minimising the need for medical staff to enter and exit the ward, assuch reduce viral transmission risks.The design of the ward eliminates the need for extensive external ventilation ducts or a centralised air-conditioning system. Instead, it utilises the self-sufficient ventilation and air-conditioning system coming with the MiMEP construction method that ensures a controlled only-into-the-ward airflow to effective prevent infection transmission.The design of the ward eliminates the need for extensive external ventilation ducts or a centralised air-conditioning system. Instead, it utilises the self-sufficient ventilation and air-conditioning system coming with the MiMEP construction method that ensures a controlled only-into-the-ward airflow to effectively prevent infection transmission.About Ir Prof P L YUENIr Prof P L YUEN is a professional engineer of 40 years in the healthcare engineering sector in Hong Kong. Early in his career, he worked in government departments, where he was responsible for construction, operation and maintenance of hospitals. Currently, he oversees the design and management of hospital engineering facilities within public healthcare institutions. Additionally, he leads the environmental and energy sustainability initiatives of both existing and planned hospitals, as well as hospital expansion projects across Hong Kong.On combating the COVID 19 pandemic, armed with years of experience in research, design and construction of hospital ventilation system facilities, he was able to timely innovate and turn hospital wards into negative-pressure wards, including the community treatment facility at AsiaWorld-Expo, to meet the urgent need for public medical isolation facilities. During the epidemic, he was Government appointed Chairman of the Working Group on Implementing the Requirement on Air Change or Air in Dine-in Purifiers Restaurants that helped more than 18,000 eateries in Hong Kong improve ventilation in a few months, contributing to pandemic control in the community. Early in his career, he was invited by WHO and UNOPS to be their expert advisor and had travelled several times to Indonesia to offer technical guidance on how to build isolation wards across public hospitals there.Ir Prof YUEN is the past President of the Hong Kong Institution of Engineers (HKIE), the current Chairman of the Engineers Registration Board in Hong Kong, the Hong Kong Branch Chairman of the United Kingdom Institute of Healthcare Engineering and Estate Management (IHEEM) and the past Vice President of the United Kingdom Chartered Institution of Building Services Engineers (CIBSE). In 2023, he was re-elected as Deputy Chair of the International Engineering Technologists Agreements (IETA) and was elected as Chair of the Seoul Accord. He is also a member of the Executive Committee of the International Engineering Alliance (IEA). An active participant in the work of international professional organisations and platforms, he has contributed much to consolidating the professional standard and promoting mobility of the engineering sector. He was bestowed Fellowship by the Energy Institute (EI) UK and received the Lifetime Achievement Award from IHEEM UK, and recently the Gold Medal, the highest honour, from UK CIBSE. He has been a Council member of the China Hospital Association's Architectural Research Branch for close to two decades. In 2020, for his outstanding contribution to the fight against COVID-19, Ir Prof YUEN was presented the “Chief Executive’s Commendation for Community Service” by the Hong Kong SAR Government. Copyright 2024 ACN Newswire via SeaPRwire.com.

Boca Raton, Florida--(ACN Newswire via SeaPRwire.com - December 30, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium pre-production company, is pleased to announce two pivotal additions to its leadership team, marking a significant step forward in the Company's journey to becoming a leading lithium producer at its Neves Project in Brazil's thriving Lithium Valley.Strengthening Project Implementation Expertise with Eduardo QueirozEduardo Queiroz joins Atlas Lithium as Project Management Officer (PMO) and Vice President of Engineering, bringing over 20 years of hands-on experience managing complex, large-scale mining projects, and making him the perfect addition to drive the Company's Neves Project to revenue generation. Mr. Queiroz has more than two decades of expertise in managing large-scale and complex mining projects, most recently as General Manager of Planning and Management at Bamin, a unit of Eurasian Resources Group, where he successfully led the strategic planning of several projects over US$3 billion, including an integrated iron ore mining project encompassing mining operations, processing plant, railway, and ocean port facilities. His comprehensive experience includes engineering oversight, environmental compliance, risk management, and the implementation of cost-efficient operational strategies. He holds an MBA in Project Management from Fundação Getúlio Vargas and a degree in Civil Engineering from the Universidade Federal de Ouro Preto."Eduardo's arrival could not come at a better time," said Marc Fogassa, CEO and Chairman of Atlas Lithium. "As we prepare to transition into production, his proven track record in the implementation of Brazilian mining projects will be instrumental in our success. We are honored and thrilled to have him on our team."Expanding Asian Market Presence with Lili WuIn addition to strengthening our technical capabilities, Atlas Lithium is expanding its global footprint with the appointment of Lili Wu as Head of Business Development for Asia. Based in Beijing, Ms. Wu brings a wealth of knowledge and an extensive network in the lithium and battery materials industries. Her prior roles at InsightWoo and IHS Markit (now part of S&P Global) demonstrate her ability to drive results in international markets. From negotiating long-term procurement agreements to advising top financial institutions on lithium investments, she has a proven ability to add value in the ever-evolving lithium supply chain. Ms. Wu holds a Master's degree in Accounting from the University of New South Wales and a Bachelor's degree in International Trade from Beijing International Studies University.The appointment of Ms. Wu comes at a strategic time as Atlas Lithium continues to strengthen its market presence in regions experiencing robust electric vehicle growth. Recent market data shows China's electric vehicle (EV) sales jumped 51% year-over-year as of November 2024, underlining the region's vital role in the global energy transition. With established offtake agreements with major partners like Mitsui & Co. in Japan and leading lithium chemical producers Chengxin and Yahua in China, Atlas Lithium has commercial relationships in key growth markets. This global approach positions the Company to capitalize on worldwide opportunities in the lithium supply chain while reducing dependence on any single regional market."I have had the privilege of working with Lili and her contributions have already been invaluable to Atlas Lithium," said Fogassa. "Her unparalleled work ethic and deep understanding of the Asian lithium market make her the perfect ambassador for this high EV growth region."Positioned for Global SuccessThese strategic hires reflect the Company's unwavering commitment to excellence as it advances toward production. Eduardo Queiroz and Lili Wu represent the next generation of leadership at Atlas Lithium, bringing the vision, expertise, and energy we need to achieve our ambitious goals."At Atlas Lithium, our mission is not just to mine lithium but to power the world's transition to sustainable energy," said Fogassa. "With Eduardo's operational expertise and Lili's unmatched ability to navigate the dynamic Asian markets, we are well-positioned for growth. With a world-class team and a clear vision, Atlas Lithium is ready to deliver value to our shareholders, partners, and the global energy ecosystem."About Atlas Lithium Corporation Atlas Lithium Corporation (NASDAQ: ATLX) is advancing to production its wholly owned hard-rock lithium Neves Project located in the state of Minas Gerais, Brazil. The Neves Project has received operational permitting from Minas Gerais in October 2024. Additionally, with 539 square kilometers of lithium mineral rights, Atlas Lithium owns the largest lithium exploration footprint in Brazil of any publicly listed company. The company also holds a 32.7% ownership stake in Atlas Critical Minerals Corporation (formerly Jupiter Gold Corporation), a diversified mining company with significant mineral rights in rare earths, copper, graphite, nickel, iron ore, gold, and quartzite.Safe Harbor StatementThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Form 10-K/A filed with the Securities and Exchange Commission (the "SEC") on November 9, 2024. Please also refer to the Company's other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.Investor RelationsGary GuytonVice President, Investor Relations+1 (833) 661-7900gary.guyton@atlas-lithium.comhttps://www.atlas-lithium.com/@Atlas_LithiumTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/235457 Copyright 2024 ACN Newswire via SeaPRwire.com.

Key Highlights:Roles in renewable energy, sustainability, and environmental engineering gain slight momentum as Singapore advances its Green Plan 2030 initiativesThe Education sector remains resilient with 1% increase over the last monthImport/Export (+1%), Advertising, Market Research, Public Relations, Media, and Entertainment (+1%), Healthcare (+1%) also register marginal growth.SINGAPORE, Dec 26, 2024 - (ACN Newswire via SeaPRwire.com) - foundit (formerly Monster APAC & ME), one of Asia’s leading jobs and talent platforms, has published the foundit Insights Tracker (fit) report for Singapore for November 2024. The Singapore fit report highlights a marginal increase over the last month in hiring across 8 of the 15 industry sectors monitored by the tracker.The tracker revealed a 6% drop in recruitment activity in November 2024 compared to the same period last year, with the index falling from 113 in November 2023 to 106, signaling a downward trend. On a month-on-month basis, hiring activity in Singapore experienced a slight decline, as the index dipped from 107 in October 2024.The tracker also indicates a 5% decline in hiring activity over the past six months, possibly reflecting factors such as budget constraints, evolving industry priorities, and adjustments in workforce strategies. However, as per the report, opportunities persist in innovative and digitally-driven roles, highlighting the importance of targeted upskilling to meet market demands.Commenting on Singapore's job trends for November 2024, a foundit official said, "There is a marginal increase in hiring across certain industry sectors and roles. The silver lining is a surge in roles in legal and compliance over the year and approximately 5 % increase in jobs in renewable energy, sustainability, and environmental engineering due to Singapore’s Green Plan 2030 initiative. Overall, Singapore's job market is a mixed bag and will constantly evolve.”Jobs in the Education, Import/Export, Advertising, Market Research, Public Relations, Media, and Entertainment, Healthcare sectors remain resilient.The Education sector continued to remain resilient in November 2024, registering a 1% increase in hiring over the last month. led by rising opportunities in areas such as online education platforms, professional development, and sustainability-related training.The Import/Export sector, Advertising, Market Research, Public Relations, Media, and Entertainment sector and Healthcare sector also registered a 1% growth each, in the same period.Few sectors experience a dip in demand, following an increase in hiring during the previous monthThe IT, Telecom/ISP, and BPO/ITES sector and the Retail/Trade and Logistics sector experienced a dip in demand of 2% and 3%, respectively, following an uptick in hiring during the previous month. This trend highlights the cyclical nature of recruitment as industries recalibrate after periods of increased activity.The BFSI sector continued to witness a decline in hiring activity by 4%, sequentially, over the last month. As per the tracker, this is most likely driven by evolving financial market conditions and strategic realignments within the industry.The Production/Manufacturing, Automotive, and Ancillary, Engineering, Construction, Real Estate, and Hospitality saw a drop in hiring demand by 1% each, over the past month. In addition, Shipping/Marine, Government/ PSU/ Defence, Consumer Goods/FMCG and Oil and Gas saw no change in hiring activity.Half of the 12 tracked functions experienced muted hiring activity in November 2024 compared to the previous month.In terms of functional roles, the demand for legal professionals saw muted demand over the last month but has seen a significant surge of 37% annually. The Singapore interim legal market has experienced a notable uptick in compliance roles, possibly driven by increasing regulatory changes and demands. Also, law firms are increasingly focusing on integrating technology to enhance client services and operational efficiency leading to this annual increase.The Software, Hardware, and Telecom sector, and the Finance & Accounts sector experienced a decline in demand of 4% and 3%, respectively, over the past month as employers follow a cautious approach due to external headwinds. At the same time roles in Sales & Business Development, HR & Admin, Purchase/Logistics/Supply Chain and Engineering/Production noted a marginal dip of 1% each.The Hospitality & Travel sector, Marketing & Communications and Customer Service sectors saw no growth in demand in November 2024 compared to October 2024. This may be attributed to organisations maintaining existing workforce levels while closely monitoring market conditions and anticipating potential challenges in the coming months. The Healthcare sector, too, saw no change, however, healthcare innovation and expanding biotechnology capabilities are expected to boost demand for specialized talent in the coming months.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.About foundit - APAC & Middle Eastfoundit, formerly Monster (APAC & ME) is Asia’s leading jobs & talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 120 million job seekers across 18 countries in connecting them with the right job opportunities and upskilling. foundit is now also the Official Talent Partner of the Badminton World Federation across 20 key world tour events.Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is 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-personalised job searches and offer precision hiring. Additionally, foundit has been recognised as a Great Place To Work, reflecting its dedication to fostering a supportive and dynamic work culture. To learn more, about foundit in APAC & Gulf,Visit: https://www.foundit.sg | www.foundit.com.ph |www.foundit.my | https://www.foundit.in| https://www.founditgulf.com |www.foundit.com.hk | https://www.foundit.idContact:Namrata SharmaNamrata.sharma@adfactorspr.com+6581383034 Copyright 2024 ACN Newswire via SeaPRwire.com.

MISSISSAUGA, ONTARIO, Dec 27, 2024 - (ACN Newswire via SeaPRwire.com) - Language-learning innovator Angeline Pompei now offers an app for The Bilingual Book Company, which offers bilingual audiobooks based on interest-based learning for kids and language students, revolutionizing how listeners experience and learn languages through bilingual books."Bilingual audiobooks inspire curiosity and empower children to explore their interests independently in two languages," Angeline said. "Now available on the app in addition desktop version, users can listen to and read bilingual audiobooks with line-by-line translation, making language learning accessible and enjoyable for people of all ages."The seamless and engaging app is another milestone for The Bilingual Book Company in providing high-quality bilingual audiobooks for children and language students. The line-by-line translation capability ensures that listeners can follow along with the text in their native language while simultaneously hearing the audio in the target language. This approach has proven to enhance comprehension and retention, making it an invaluable tool for language learners.The app supports different language combinations, including English paired with Spanish, French, Italian, Portuguese, German, Mandarin, Japanese, and Korean. It caters to the learners' needs, whether a native English speaker looking to learn Spanish or a Korean speaker interested in improving her English.The user-friendly interface allows users to select their preferred language combination. Users should turn off any page translators to see the bilingual text on the site.The app features a language section with verbs separated by pronouns. There is repeating text and audio for pattern recognition to help with memorization. Angeline says, "We are learning differently. As a language learner and visual hands-on learner myself, I decided to replicate text and audio so that the language students could really see the patterns and rules of conjugation.The Bilingual Book Company provides bilingual books for kids to read and listen to subjects that interest them to effectively learn a new language and make it part of their daily activities or routines. "Interest based learning is a key component to the program. I believe language learners, both children and adults, will study longer if they are truly interested in the topic," Angeline stated. The varied selection allows children to pick a fascinating topic and learn about it in two languages - so language learning is not the sole focus."I created my own material, which was just line-by-line translations in English-Spanish and English-French," Angeline said in an exclusive interview. "I started producing bilingual books and took it a step further by creating bilingual audio, utilizing artificial voices that mimic authentic English, Spanish, and French speakers, allowing listeners to follow along with the text."Angeline said "Having a variety of books also empowers children to choose what they want to read or learn about, making them confident lifelong learners. "Acquiring a language takes time and daily practice. It was important for me to make learning a positive addition to a child or the language student's daily routine."For more information about The Bilingual Book Company and its new app, please visit www.thebilingualbookcompany.com.About Angeline PompeiAngeline Pompei is an entrepreneur, recording artist and adult language learner with a degree in aerospace engineering and a TELF certification to teach English internationally as a second language. She is also a certified AI Prompt Engineer. Founder and CEO of Learn English Fast®, she created The Bilingual Book Company®, which comprises Angeline Pompei's unique series of line-by-line bilingual books for learning languages. As a recording artist and songwriter, she created the album, "Verbiage," available on all streaming platforms. Verbiage is a collection of songs that sound like normal songs but aims to teach English through hidden grammar, vocabulary themes, and verb conjugation through music. The album "Verbiage" is available on all streaming platforms. Her songbook that goes along with her album, "Verbiage," is available free on her website, https://LearnEnglishFast.com.Angeline Pompei is an entrepreneur with 20 years of experience in skincare and skincare marketing. A multi-faceted individual, she uses all her experience to teach adults English through interest-based learning, bilingual materials, and music. All Learn English Fast® resources are available on her websites LearnEnglishFast.com and TheBilingualBookCompany.comContact InformationMaria PenalozaMedia and Content Strategistmaria.penaloza@issuerdirect.comAngeline Pompei+1-647-883-6979SOURCE: Angeline AuthenticRelated Images Copyright 2024 ACN Newswire via SeaPRwire.com.

SEATTLE, WA, Dec 25, 2024 - (ACN Newswire via SeaPRwire.com) - Spectral Capital Corporation (OTCQB: FCCN), a leader in quantum innovation, proudly announces its transformation into a Deep Quantum Technology Platform. This strategic evolution positions Spectral at the forefront of the quantum era, uniting proprietary technologies in quantum cloud computing, distributed quantum ledger databases, and plasmonic quantum chips.With the addition of renowned quantum physicist Dr. Moshik Cohen as Chief Technology Officer and the groundbreaking Verdant Quantum initiative, Spectral Capital is pioneering scalable, sustainable, and practical quantum computing solutions.From Incubator to Operator: Spectral’s New VisionSpectral Capital has redefined its role in quantum technology by moving beyond incubation to develop, own, and operate its proprietary quantum systems.“This is not just a rebranding—it is a bold leap into the future of quantum computing,” said Jenifer Osterwalder, CEO. “Spectral Capital is now delivering a fully integrated platform with technologies like the Vogon Decentralized Edge and Hybrid Cloud, its embedded Distributed Quantum Ledger Database (DQLDB), plasmonic System-On-a-Chip (SOC) architecture, and energy-efficient quantum algorithms. These innovations bridge the gap between classical and quantum systems, offering the scalability and environmental responsibility required for the quantum era.”Introducing Room Temperature Quantum Transfer and ComputeTo drive its ambitious vision, Spectral announced earlier this month the addition Dr. Moshik Cohen, an expert in quantum state dynamics and plasmonic computing as CTO. The Company is fusing the revolutionary initiative from Verdant Quantum to eliminate the need for cryogenic cooling by leveraging room-temperature plasmonic chips.This solution bridges classical and quantum computing with CMOS-compatible plasmonic processors allowing these chips harness energy waves controlled by light, called plasmons, to deliver near-light-speed data processing with unmatched precision and efficiency—all while dramatically reducing energy consumption and costs.Transformative Innovations Powering Spectral’s PlatformThe world’s first plasmonic-ready distributed quantum ledger database, Vogon, provides secure, scalable, and semantically enriched data management. Its key features include:Deterministic Concurrency for low-latency performance.Post-Quantum Cryptography with SPHINCS+ for unparalleled security.Consensus Algorithms to ensure robust and scalable decentralized operations.The Vogon DQLDB seamlessly connects legacy systems to quantum ecosystems, enabling industries such as finance, logistics, and healthcare to harness quantum efficiencies today.Plasmonic System-On-a-Chip (SOC)Spectral’s miniaturized plasmonic SOC technology redefines the potential of its Vogon Cloud data centers, enabling near-light-speed processing at room temperature. These chips will power Spectral’s edge and hybrid compute data centers across 16 global regions, which will also serve as test beds for sustainable quantum computing.“This innovation addresses the global call for environmentally friendly quantum solutions, reducing infrastructure costs while increasing processing power,” Brehm emphasized.Quantum Algorithms and Collective IntelligenceSpectral’s proprietary quantum algorithms leverage cooperative distributed inferencing and analytic tomography to unlock real-time insights. By integrating these algorithms with Vogon DQLDB, Spectral enables industries to optimize operations, from autonomous vehicles to investment portfolio management.Why Spectral CapitalThe quantum computing market is projected to grow from $885.4 million in 2023 to $12.62 billion by 2032, with a CAGR of up to 34.8%. Spectral’s technologies are poised to capture this growth while addressing urgent industry demands for scalable, cost-effective, and sustainable quantum solutions.“Over the next decade, quantum computing will redefine the global economy,” said Brehm. “Spectral Capital is at the epicenter of this transformation. With Dr. Moshik Cohen, and our ecosystem partners, we are building not just for the future—we are building the future.”A Call to Visionary InvestorsSpectral Capital invites forward-thinking investors to join us in shaping the quantum revolution. With groundbreaking technologies and a commitment to sustainability, Spectral offers a unique opportunity to drive the next wave of global innovation.About Spectral CapitalSpectral Capital Corporation (OTCQB: FCCN) is a Deep Quantum Technology Platform company delivering practical, scalable, and sustainable quantum solutions. Through its proprietary Vogon DQLDB, QuantumVM, and plasmonic SOCs, Spectral Capital is revolutionizing industries and paving the way for a more connected, efficient, and sustainable world.For more information, visit www.spectralcapital.com or contact our Investor Relations team at Rubenstein and Associates.Forward-Looking StatementsThis press release includes forward-looking statements that are subject to risks and uncertainties. Actual results may differ materially from expectations. Please review the company’s filings for a full risk assessment.Spectral Capitalcontact@spectralcapital.com Copyright 2024 ACN Newswire via SeaPRwire.com.

A groundbreaking, wholly Singaporean brand set to redefine regional dining and entertainment with its immersive, one-of-a-kind lifestyle experienceFive distinct concepts in one destination: experiential cocktail bar, Japanese inspired steakhouse, live jazz lounge, ultra-lounge, and sky pool—each offering panoramic Marina Bay viewsCelebrate the holiday season and ring in the New Year at C.O.T.U., with front-row seats to Marina Bay’s iconic fireworksSINGAPORE, Dec 23, 2024 - (ACN Newswire via SeaPRwire.com) - C.O.T.U. (Centre Of The Universe) announces its official opening, bringing a new dimension to Singapore’s entertainment landscape, from its stunning perch above the Marina Bay skyline. Poised to be Asia’s most unique lifestyle concept, C.O.T.U. presents a journey across five immersive worlds of luxury dining, bespoke cocktails, and dynamic entertainment, all set across levels 38 & 39 of sky-high sophistication at CapitaGreen.Crafted in Singapore, Designed to Disrupt C.O.T.U. is not only a testament to Singapore’s spirit of innovation but also a celebration of a new era in entertainment. This wholly Singaporean concept is set to disrupt the regional dining and entertainment landscape with its unique convergence of culinary artistry, inspired mixology, and immersive entertainment. This groundbreaking concept brings together the visionary minds of some of the most celebrated figures in global hospitality. Leading the charge is a team of founders renowned for creating transformative experiences in nightlife and dining. Joshua Schwartz and Sarissa Rodriguez-Schwartz, known for Pangaea, the game-changing ultralounge that defined Singapore's nightlife, along with Bang Bang, LuLu's Lounge, Employees Only, and Pasta Bar, bring their signature energy and immersive style. Joining them are Phillip Poon and Cedric Chong, whose impact in Singapore’s nightlife scene includes landmarks like Providence Kuala Lumpur, Filter, Mink, and Empire, alongside Cher Ng, the creative force behind international hotspots Zouk, TREC, and the F1 Amber Lounge in Singapore and Monaco. Together with nightlife pioneers Mikey M.S., co-founder of Attica and Le Noir, and Sanji Van, co-founder of Barouv Rooftop Bar and Beacon, this powerhouse team has redefined Singapore’s entertainment landscape with C.O.T.U., setting a new standard in experiential luxury.Little BirdieA High-Altitude Playground for All SensesDesigned as a fully immersive experience, C.O.T.U. transports guests across five distinct worlds, each crafted to engage and surprise. The journey begins with Little Birdie, an intimate cocktail bar where guests can rediscover cocktails in playful, theatrical ways. With its hidden-in-plain-sight appeal, Little Birdie takes flight as the go-to destination for an experiential cocktail experience unlike any other in the city, offering a haven of creativity and innovation.Enso steakhouse & modern Japanese grillFor lovers of Japanese-inspired fine dining, Enso steakhouse showcases an American steakhouse experience with Japanese sensibilities. Chef Alex Craciun combines bold, premium cuts of meat with the precision of Japanese culinary artistry. The elegance of the space, combined with Chef’s custom-designed beef aging room, where select cuts are meticulously dry-aged to enhance flavor and tenderness, ensures a truly exceptional experience. The Whisper RoomAs guests continue through, The Whisper Room awaits, transitioning from a refined daytime retreat to a high-energy live jazz lounge by sunset, perfect for a chic girls' soiree or corporate entertainment. Inspired by the pulsating atmosphere of New York’s famed hotel bars, where jazz and sophistication created timeless ambience, The Whisper Room features plush decor and stunning views of Marina Bay, offering a captivating space that combines elegance, energy and tailored beverage program paired with delicious bites .Dashi Go-GoAs night falls, Dashi Go-Go Ultra Lounge invites patrons into a Neo-Tokyo Bladerunner-inspired boutique ultralounge for an electrifying nightlife experience. With a dynamic ambiance fueled by hip hop and R&B beats, Dashi Go-Go offers a unique and immersive atmosphere that draws guests in.Topping off the experience is Dashi Sky Pool, where guests can relax in cabanas under the stars, enjoy floating film festivals, or take in the stunning city views with Marina Bay as a backdrop.Celebrate the Holiday Season and Ring in the New Year Above Marina BaySet against the glittering panorama of Marina Bay, C.O.T.U. is the ultimate destination for year-end celebrations, including Singapore’s famed New Year’s Eve fireworks. With floor-to-ceiling windows capturing the city’s iconic skyline, the unique ambiance of C.O.T.U. provides an unforgettable backdrop for festive gatherings and countdown celebrations.Architectural Excellence: Threaded Creatives Transforms C.O.T.U.’s Vision into RealityThe design of C.O.T.U.’s five distinct concepts was shaped through a close collaboration with Threaded Creatives, an award-winning architectural and design firm renowned for their innovative approach to reimagining spaces. Tasked with transforming the existing 18,000 square feet across two levels, the team embarked on an extensive renovation to bring C.O.T.U.’s ambitious vision to life.Threaded Creatives redefined the space by creating a cohesive flow that connects each concept while allowing them to stand independently, catering to the diverse needs of guests. The design maximises the building’s unique features, such as its full-height windows and prime vantage point above Marina Bay, while addressing operational flow and guest experience.Little Birdie, the cocktail bar at the heart of C.O.T.U., was designed as a welcoming focal point, with intimate seating and a theatrical atmosphere to draw guests in. The Whisper Room combines opulence and intimacy with a striking double-height back bar and a design that frames breathtaking views of surrounding Marina Bay. In Enso Steakhouse, the ripple mirror ceiling and suspended sculptures create a sense of drama, while the natural light from floor-to-ceiling windows highlights the panoramic skyline.For the Dashi Sky Pool, the design team curated an open-air sanctuary, incorporating cabanas to create a skyhigh haven where guests can enjoy sweeping views of Singapore’s cityscape. Finally, at Dashi Go-Go Ultra Lounge, the Neo-Tokyo aesthetic is brought to life with dynamic retro lighting and strategically placed mirrors that expand the space and energise the atmosphere.Threaded Creatives’ expertise in design and architecture is evident throughout the renovation, setting a new standard for integrated lifestyle destinations. The result is a space that not only showcases design excellence but also redefines the possibilities of entertainment and dining in Singapore.Fast Facts1. Little Birdie:Opening HoursSunday to Tuesday: 5pm - 1amWednesday: 5pm - 2amFriday: 5pm - 3amSaturday: 5pm - 4amCapacity: 20 GuestsAcess Menu Here2. The Whisper Room:Opening HoursMonday & Tuesday: 4.30pm - 1amWednesday & Thursday: 2.30pm - 2amFriday & Saturday: 4.30pm - 3amCapacity: 100 GuestsAccess Menu Here3. Enso Steakhouse:Opening HoursTuesday - Saturday 5:30pm - 11:00pmCapacity: 76 GuestsPrivate Dining Room: 10 GuestsAccess Menu Here4. Dashi Go-Go:Opening Hours:Friday: 10:00pm - 3:00amSaturday: 10:00pm - 4:00amCapacity: 300 Guests5. Dashi Sky PoolTarget Launch January, 2025Available for Private EventsCapacity: 50 GuestsAbout C.O.T.UC.O.T.U (Centre of the Universe) is a pioneering multi-concept venue located in the heart of Singapore's Central Business District at CapitaGreen, Raffles Place. The 18,000 square feet innovative space seamlessly integrates fine dining, sophisticated cocktails, and a poolside oasis, redefining hospitality with a unique day-to-night lifestyle experience.The Founding TeamOur visionary team comprises industry leaders and experts in the food and beverage sector, including:Joshua Schwartz and Sarissa Rodriguez-Schwartz, renowned for their work on Pangaea, Bang Bang, LuLu's Lounge, Employees Only, and innovative F&B concepts including Pasta Bar, Papi’s Tacos & Mami’s TamalesPhillip Poon and Cedric Chong, credited with transforming Singapore's nightlife scene through Providence Kuala Lumpur, Filter, Mink, and EmpireCher Ng, a global expert with a portfolio including Iron Fairies, Zouk, TREC, and Amber Lounge, the most exclusive F1 party in Singapore and MonacoMikey M.S, co-founder of Attica, Attica Shanghai, and Le Noir, and Sanji Van, co-founder of Barouv Rooftop Bar and Beacon, who have shaped the nightlife landscape at Clarke QuayThe C.O.T.U VisionAt C.O.T.U, the team is dedicated to delivering an unparalleled lifestyle experience, setting new standards for luxury and entertainment in Singapore. Join us on this exciting journey and discover a new universe of possibilities. For the latest, visit https://www.cotu.co/Note to Editors:- Complete press kit with high-resolution images, bios and press releases can be accessed HERE.- C.O.T.U, located at 138 Market Street, CapitaGreen, Levels 38 & 39For interviews with the Co-Founders, tastings, photoshoots, exclusive features with Chef Alex, please contact:wani@prbespoke.com+65 9832 0643 Copyright 2024 ACN Newswire via SeaPRwire.com.

DUBAI, December 20, 2024 - (ACN Newswire via SeaPRwire.com) - Organised by Web3 and AI consulting giant VAP Group, the Global Blockchain Show, held on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre in Dubai, concluded as a landmark event for blockchain enthusiasts and industry leaders worldwide. The Ultimate Blockchain Season Finale brought together the brightest minds in blockchain technology to explore its transformative power and potential.Powered by a leading media network Times of Blockchain, the Global Blockchain Show was co-located with the Global Games Show and the Global AI Show that saw a footfall of over 3,000 attendees. From keynote sessions, panel discussions, fireside chats, and startup pitch competitions to the War of the Robots, engaging side events, an official awards ceremony, and a lively after-party to conclude it all, the two-day show was jam-packed with thrilling activities and unforgettable moments.Prominent themes and topics discussed during the show included building the open metaverse: winning Web3 with gamification, presented by Yat Siu, Co-Founder & Chairman, Animoca Brands; David Palmer, Chief Product Officer, Co-Founder, Vodafone’s Digital Asset Broker (DAB) Platform, Vodafone; Johnson Yeh, Founder & CEO, ROEHL/Ambrus Studio; Jonathan Bouzanquet, Chief Strategy Officer & Founder, PLAYA3ULL GAMES; and the moderator - Mia Soarez, A-List Host/Founder, Walkin. Ahmed Bin Sulayem, Executive Chairman & CEO, Dubai Multi Commodities Centre led a visionary talk on blockchain beyond borders that explored how blockchain is reshaping global trade and innovation. A fireside chat by Murad Mahmudov, Private Investor and Mia Soarez, Founder, Walkin, dove deep into the memecoin supercycle and its prospects for 2025. Jason Allegrante, Chief Legal & Compliance Officer, Fireblocks, presented a keynote on how U.S. policies could influence global crypto innovation, and other C-level executives and key leaders in the Web3 industry such as John Patrick Mullin, Founder and CEO, MANTRA; Patrick O'Kain, General Partner, Borderless Capital; Jeroen Gillekens, Principal, Roland Berger talked about strategic trends, the potential of Web3, navigating bull and bear markets, Web3 security and much more. While the duct-taped banana wall and the crypto confessions wall provided attendees with thought-provoking and quirky highlights, a robot serving water to guests and another sketching personalized portraits on the show floor added a futuristic and interactive touch to the vibrant atmosphere.A prestigious awards ceremony honored visionaries and trailblazers in Web3. Winners of the Global Blockchain Awards included Quorium, Cardano, Uniswap, Ripple, Aave, Neo, Ledger, and more, for categories such as the Next-Gen Tokenization Award, the Crypto Sustainability Award, the Best DAO Award, the Blockchain Innovator Award, the DeFi Trailblazer Award, the Best Use of Smart Contracts Award, the Excellence in Blockchain Security Award, respectively. The Global Blockchain Show, sponsored by PLAYA3ULL GAMES, Global Market of Artification, C1, Alibaba Cloud, Dubai Blockchain Centre, among others, concluded with the ultimate VIP afterparty at the Soho Garden Meydan in Dubai. As the event drew to a close, participants departed with fresh perspectives, invaluable connections, and a shared commitment to shaping the future of blockchain. Plans for the 2025 edition are already underway, promising an even more impactful gathering for the Web3 community.For more information, visit www.globalblockchainshow.com.About VAP GroupVAP Group, established in 2013, is a Blockchain and AI consulting giant as well as a leading force in Web3 and AI solutions, offering services in PR, advertising, recruitment, content development events and media management. Flagship events organized by VAP Group include the world-renowned Global Blockchain Show, Global Games Show and Global AI Show. VAP Group drives innovation through strategic PR and influencer marketing, bounty campaigns, and global events that showcase the brightest minds in the transformative fields of Web3, AI and Gaming.For media enquiries, exclusive interviews, or press passes, please reach out to: media@globalblockchainshow.com Copyright 2024 ACN Newswire via SeaPRwire.com.

BANGKOK, Dec 23, 2024 - (ACN Newswire via SeaPRwire.com) - Nakornthon Hospital Public Company Limited (SET: NKT) inaugurated its first day of trading on the Stock Exchange of Thailand (SET) with the resolve to proceed with the business plan to invest in three major projects including: “Nakornthon 2 Hospital” with the vision to expand its services to patients insured under the Social Security Fund; “Nakornthon Long Life Center” designed to serve as a holistic care center for the elderly and individuals requiring long-term care ; and, Project to increase the number of beds at Nakornthon Hospital by another 110 beds to total 260 beds, so as to expand the scope of patient services and to boost the Company’s growth potential.Assoc. Prof. Yandhet Thongsima, President of Nakornthon Hospital Public Company Limited (NKT), revealed that once the Company became officially listed and began trading on the Stock Exchange of Thailand (SET) under the abbreviation NKT today (December 20, 2024), the Company will focus on expanding its investment according to the business plan and operating according to the Company’s strategy in order to become “one of the country’s leading hospitals”. Currently, the Company is in the process of expanding and leveraging its investment in three core projects to boost its growth potential through the expansion of the scope of patient services at Nakornthon Hospital as well as constructing a new branch hospital. These three core projects are:1) “Nakornthon 2 Hospital” on Ekachai Road, with a capacity of 151 beds, is expected to carry related capital expenses of approximately 900 million baht, and will initially provide services to self-paying patients. The new hospital is expected to start recognizing revenue within 2025. After this initial phase, the Company will apply for authorization to serve as a Social Security Fund hospital in early 2026 and is expected to start providing medical services to insured persons under the SSF scheme within 2027.2) “Nakornthon Long Life Center project which will be located in the vicinity of Nakornthon Hospital. This center will serve as a holistic care center for the elderly and individuals requiring long-term care. The expected capital expenditure for this project will be approximately 557 million baht. The center is anticipated to commence operations in 2026, and:3) The project is to increase the number of beds in service at Nakornthon Hospital by another 110 beds from the current 150 beds to total 260 beds. The expected capital expenditure for this project will be approximately 414 million baht. The additional beds are expected to be made available to patients gradually from 2025 to 2027.Currently, all three projects are progressing according to plan.Meanwhile, Nakornthon Hospital, with its location on Rama 2 Road, is the main source of revenue for the company. The hospital has the potential to grow continuously due to its prime location that is potentially destined to be a “New Urbanized District” of Bangkok in the foreseeable future. This fact is due to the zone being one of Bangkok’s prime residential areas with numerous facilities and amenities, including Rama 2 Road, which is the main artery leading out to the West of Bangkok and all the way down to southernmost provinces of Thailand and beyond. Furthermore, the area also connects seamlessly to Bangkok’s central business districts (CBDs) via the Expressway and continuously develops its transportation network infrastructure by the government.Currently, the district is the site of many horizontal housing projects, schools, department stores, community malls, markets and supermarkets. In addition, Nakornthon Hospital is located close to important government offices such as the Bang Khun Thian District Office and the Bang Khun Thian Branch of the Bangkok Metropolitan Administration’s Land Office.Dr. Wisan Saipetch, Chief Executive Officer of Nakornthon Hospital Public Company Limited, said that Nakornthon Hospital is currently one of the leading hospitals in western Bangkok with the ability to treat complicated illnesses as a tertiary hospital, while most other tertiary hospitals are concentrated in the eastern part of Bangkok. Nakornthon Hospital consists of 20 specialized treatment centers, such as the Neurology Center, Heart Center, Gastrointestinal and Liver Center, Spine Center, Cancer Center, Dental Center, among others. Additionally, the hospital has one patient care department, namely the Hemodialysis Department.The Company has formulated a growth strategy consisting of:1) Determining to become one of Thailand’s leading hospitals.2) Continuing to develop service quality with expert personnel and medical teams.3) Leveraging technology to enhance organizational management and efficiency.4) Expanding the scope of services through the cooperation with leading partners.5) Leveraging the strength of the brand image and further developing trust and confidence among service users.6) Expanding the business through the network of hospitals and other health-related businesses, and,7) Expanding services to foreign service recipients through the appointment of a marketing representative in Myanmar to be the focus of communication with the target group and people who are interested in receiving medical treatments, so that they can travel to Nakornthon Hospital in Thailand to receive treatments more conveniently. Similar foreign market incursions are also in the expansion stage for Cambodia and Bangladesh.Mr. Yossavee Suttikulpanich, Head of Primary Markets Distribution Division, Investment Banking and Capital Market Function, Siam Commercial Bank Pcl., as a joint financial advisor and representative of InnovestX Securities Co., Ltd., a joint lead underwriter, said that Nakornthon Hospital Pcl. has shown good growth potential due to a combination of strengths, such as being able to provide treatment for both general and complex illnesses, its location in the Rama 2 area which has the potential to become one of Bangkok’s future new developments, cooperation with leading partners to establish a medical center to increase service capability, its large customer base, etc. In addition, the recent IPO offering has been very successful, while its listing on the Stock Exchange of Thailand will help strengthen its financial position to support further business expansions.Mr. Kongsith Hunchangsith, Deputy Managing Director, Investment Banking Department 1, Trinity Securities Co., Ltd., as a joint financial advisor and joint lead underwriter, said that the recent IPO offering of Nakornthon Hospital Pcl. at the final offering price of 7.80 baht, totaling 1,053 million baht, was well-received by investors due to the strengths of Nakornthon Hospital as one of the leading hospitals in the western part of Bangkok. Moreover, the hospital has a solid plan to expand its international patient base along with the plan to expand its marketing to international customers, as well as further investment to increase the number of beds at Nakornthon Hospital and the constructing new projects. At the same time, the Company’s 2021-2023 performance showed a revenue increase from 1,551.67 million baht to 2,036.89 million baht with an average growth rate (CAGR) of 14.57 percent per annum, and a net profit increase from 183.24 million baht to 282.29 million baht with an average growth rate (CAGR) of 24.12 percent per annum, as a result of the increase in revenue from hospital operations, which was the main proportion of revenue, coupled with the efficient cost and expense management. As for the operating results for the first nine months of 2024, the total revenue was 1,521.34 million baht and the net profit was 190.38 million baht.Released by Public Relations Dept., MT Multimedia Co., Ltd. for Nakornthon Hospital Pcl.For additional information, please contact:PR Manager Thiyaporn “Dah” SriadunphanMobile: +66 (0) 87 556 6974; Email: thiyaporn.s@mtmultimedia.comNakornthon Hospital PCL (SET: NKT) https://en.nakornthon.com/home Copyright 2024 ACN Newswire via SeaPRwire.com.

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Kincora Copper Limited (TSXV: KCC) (ASX: KCC) (Kincora or the Company) is pleased to confirm the closing of its previously announced private placement of 33,500,659 shares, raising gross proceeds of AUD$1,273,025 (CAD$1,206,024). The placement was conducted in two tranches:Closing of Private PlacementFirst TrancheClosed on October 22, 2024, with the issuance of 12,576,031 shares for total gross proceeds of AUD$477,889 (CAD$452,737).Second TrancheClosed on December 18, 2024, with the issuance of 20,924,627 shares for total gross proceeds of AUD$795,136 (CAD$753,287).Insiders/Directors participated in the second tranche as follows:Cameron McRae: 568,421 sharesJohn Holliday: 568,421 sharesJeremy Robinson: 248,211 sharesBig Ben Holdings Pty Limited: 5,751,974 sharesThe shares were issued at a price of 3.8 Australian cents (approximately 3.6 cents) per share, with one attaching option for every two shares issued. Each option has an exercise price of 7.5 Australian cents (approximately seven cents) and a two-year term. The issue price represents a 12-per-cent discount to the last closing price on October 10, 2024, and a 16-per-cent discount to the 15-day volume-weighted average price on the Australian Securities Exchange. Morgans Corporate Ltd has acted as Lead Manager. Associated with the raising a 3.9% (AUD49,478) cash fee was paid on funds raised.A portion of the private placement and the shares for services are related party transactions within the meaning of Multilateral Instrument 61-101. The Company is relying on the exemptions in sections 5.5(a) and 5.7(1)(a)of Multilateral Instrument 61-101 (the "Instrument") from the valuation and shareholder approval requirements of the Instrument in respect of the private placement and the shares for services, based on the fact that the fair market value of the transactions (as it concerns related parties) is not more than 25% of the market capitalization of the Company.Performance Rights ExerciseFollowing approves at the December 10, 2024, shareholders meeting and the Company announces the exercise of 3,877,370 performance rights by certain directors, officers, and consultants. These performance rights were granted on February 17, 2022, and have now vested. The shares have been issued at a price of $0.13 per share, with the following breakdown:Cameron McRae: 1,692,308 sharesJonathan (Sam) Spring: 1,884,754 sharesJohn Holliday: 223,385 sharesSam McRae: 76,923 sharesThe Equity Incentive Plan ("EIP") is approved annually by shareholders and a key element of the Company's total compensation package to the board, senior management and eligible consultants that seeks to align interests to shareholders, reduce cash costs and increase the amount of cash invested in exploration.Shares for ServicesFollowing approves at the December 10, 2024, shareholders meeting, the Board of Directors has approved the issuance of 7,169,335 common shares to certain officers, directors, and consultants as payment for services provided in 2022, 2023, and the first half of 2024. These shares have been issued at various prices based on the respective periods of service, as detailed below:Total Shares Issued: 7,169,335Average Issue Price: $0.054 per shareThe issuance of shares under this program has been conducted in compliance with regulatory approvals from the TSX Venture Exchange (TSXV) and the Australian Securities Exchange (ASX).Regulatory ApprovalsThe issuance of shares for services is subject to final regulatory approval. The shares will be issued as fully paid and non-assessable common shares, and applications for listing on the ASX and TSXV will be made promptly.Post the aforementioned issuances, the Company has 291,720,904 shares and 69,050,325 options outstanding.This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763).For further information please contact: Sam Spring, President and Chief Executive Officer sam.spring@kincoracopper.com or +61 431 329 345Executive office 400 - 837 West Hastings StreetVancouver, BC V6C 3N6, CanadaTel: 1.604.283.1Fax: 1.888.241.5996Subsidiary office AustraliaVista AustraliaLevel 4, 100 Albert RoadSouth Melbourne, Victoria 3205Fax: 1.888.241.5996Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234997 Copyright 2024 ACN Newswire via SeaPRwire.com.

THE AWARDS MAKE HISTORY, HONOURING REAL ESTATE ACHIEVEMENTS IN THE MIDDLE EAST FOR THE FIRST TIME, AND AGAIN RECOGNISING DEVELOPERS IN INDIA AND SRI LANKAPropertyGuru Group, Southeast Asia’s leading property technology company, announced the winners of its real estate awards during the exclusive International LuncheonBANGKOK, Dec 18, 2024 - (ACN Newswire via SeaPRwire.com) - PropertyGuru Group, Southeast Asia’s leading property technology company, today announced the winners of its real estate awards in the Middle East and South Asia during the exclusive International Luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.The inaugural PropertyGuru Asia Property Awards (Middle East) recognised exemplary real estate achievements across the growing region. Dominating this milestone edition of the awards, Oud Real-Estate Development Company won the coveted Best Mixed Use Developer (KSA) title as well as the Best Retail Office Development (KSA) and Best Retail Office Interior Design (KSA) awards for its project, The North Yard.Oud Real-Estate Development Company, PropertyGuru Asia Property Awards (Grand Final) 2024Oud Real-Estate Development Company later won Best Mixed Use Developer (Asia) at the 19th PropertyGuru Asia Property Awards Grand Final, held on the same day at The Athenee Hotel, a Luxury Collection Hotel, Bangkok. This marked Saudi Arabia’s debut at the Grand Final, also known as the finale of the annual PropertyGuru Asia Property Awards series.The PropertyGuru Asia Property Awards (India) and PropertyGuru Asia Property Awards (Sri Lanka) this year returned for their fifth editions, celebrating great projects and industry leaders across South Asia.Signature Global (India) Limited, PropertyGuru Asia Property Awards (India) 2024In India, Signature Global (India) Limited claimed its first Best Developer award, alongside a Best Green Development award for Signature Global Titanium SPR. By the Waters by Suryam Developers LLP was recognised as Best Waterview Housing Development.By The Waters by Suryam Developers LLP, PropertyGuru Asia Property Awards (Grand Final) 2024 By the Waters went on to win Best Waterfront Housing / Landed Development (Asia) for Suryam Developers LLP at the Grand Final.Home Lands Skyline (Pvt) Ltd, PropertyGuru Asia Property Awards (Sri Lanka) 2024In Sri Lanka, Home Lands Skyline (Pvt) Ltd achieved its first Best Developer title, with additional honours for its projects: Best Luxury Condo Development (Colombo) for Waterdale Residencies, bordering Colombo 7, and Best Waterfront Condo Development for Oceana Beach Resort Apartments & Villas – Wadduwa.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The Middle East has entered an era of remarkable growth, marked by investments in megaprojects and equally impressive smaller-scale developments, all driven by visionary government initiatives, economic diversification, and strong fundamentals. It’s truly a privilege to expand the PropertyGuru Asia Property Awards for the first time to this part of the world. With these awards, we recognise the region’s world-class projects ranging from mixed-use developments to high-calibre commercial spaces. We're proud to have introduced these benchmarks of excellence in the Middle East, marking the beginning of our contribution to this region's progress and success.”Ajai A Kapoor, chairperson of the Awards in India, said: “These accolades inspire continued excellence in India, a booming real estate market fuelled by a solid economic foundation, resulting in rising demand and active development, across residential and commercial projects. The expanding diversity of the Indian property market is equally exciting, offering consumers a wide range of options, from eco-friendly designs to luxury homes with world-class amenities and breathtaking views. Congratulations to all our awardees in India.”Dr. Nirmal De Silva, chairperson of the Awards in Sri Lanka, said: “Sri Lanka has experienced remarkable transformations in recent years, complemented by a real estate market that continues to attract international property seekers. The return of the Awards this year highlights this progress, showcasing luxurious villas and homes across the island, from Colombo to emerging cities, fuelled by significant infrastructure developments, including ports and airports. Congratulations to all the winners of this year’s awards.”The panel of judges in the Middle East consists of Stephen Oehme, director, Quantum Analysis Pte Ltd Singapore, and James A. Kaplan, CEO, Destination Capital Company Limited. Ajai A Kapoor, CEO of 360 degrees – Real Estate Services, and Madhav Raman, co-founder of Anagram Architects, comprise the panel of judges in India while Dr. Nirmal De Silva, director and CEO of Paramount Realty, leads the judging process in Sri Lanka.The judges lead a transparent, fair, and credible selection process under the supervision of HLB. The official supervisor is part of the “2024 Network of the Year” winner HLB International, the global network of independent professional accounting firms and business advisers.Organised by PropertyGuru Group, the 2024 editions of the Awards in the Middle East, India, and Sri Lanka are supported by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.COMPLETE LIST OF WINNERS2024 PropertyGuru Asia Property Awards (Middle East)DEVELOPER AWARDBest Mixed Use Developer (KSA)WINNER: Oud Real-Estate Development CompanyDEVELOPMENT AWARDBest Retail Office Development (KSA)WINNER: The North Yard by Oud Real-Estate Development CompanyDESIGN AWARDSBest Retail Office Interior Design (KSA)WINNER: The North Yard by Oud Real-Estate Development Company2024 PropertyGuru Asia Property Awards (India)DEVELOPER AWARDBest DeveloperWINNER: Signature Global (India) LimitedDEVELOPMENT AWARDSBest Waterview Housing DevelopmentWINNER: By the Waters by Suryam Developers LLPBest Green DevelopmentWINNER: Signature Global Titanium SPR by Signature Global (India) Limited2024 PropertyGuru Asia Property Awards (Sri Lanka)DEVELOPER AWARDBest DeveloperWINNER: Home Lands Skyline (Pvt) LtdDEVELOPMENT AWARDSBest Luxury Condo Development (Colombo)WINNER: Waterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) LtdBest Waterfront Condo DevelopmentWINNER: Oceana Beach Resort Apartments & Villas - Wadduwa by Home Lands Skyline (Pvt) LtdAbout PropertyGuru’s Asia Property AwardsPropertyGuru’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 2024, the Awards series is open to 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 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 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 16 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 LinkedIn1Based on SimilarWeb data between October 2023 and March 2024. 2Based on Google Analytics data between October 2023 and March 2024. 3Based on data between January 2024 and March 2024. 4Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Piyachanok Raungpaka, Media Relations & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com Sales & Nominations:Monika Singh, Solutions ManagerM: +66 87 677 4812E: monika@propertyguru.com Priyamani Srimokla, Account ManagerM: +66 85 440 1655E: priya@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - How 2 Design announces its comprehensive design and renovation services, offering HDB homeowners integrated, end-to-end solutions under one roof.Renovating an HDB home often involves significant stress and frustration due to the challenges of coordinating with multiple vendors, leading to disjointed communication, inconsistent quality, and accountability gaps. How 2 Design, a leading renovation contractor with over 12 years of experience, addresses these common challenges by offering a comprehensive package that combines interior design with a full suite of renovation services. By managing every aspect of the process in-house–from carpentry to electrical work and beyond–How 2 Design ensures a seamless, stress-free experience for homeowners.Founded 12 years ago, How 2 Design was born from Timothy Poh's firsthand experiences in the renovation industry as a subcontractor. Having witnessed the hardships and limitations that subcontractors faced, he aspired to create a company that would serve homeowners directly, bringing a commitment to quality, transparency, and teamwork to every project.Timothy's extensive experience as a project manager and his wife Fibi's eye for design and aesthetic detail form the backbone of How 2 Design. Together, they've created a team culture that prioritizes collaboration, transparency, and delivering exceptional results for homeowners. This foundation has enabled How 2 Design to build nearly 100% in-house capability for all major renovation work, ensuring consistent quality and control over every project.Today, How 2 Design proudly offers nearly 100% in-house capability for all major renovation work, allowing them to maintain consistent quality and control over every project. This is made possible by their dedicated team, led by key figures who excel in their respective areas:Angie Ng, Indoor Sales ManagerPrasath, Outdoor Senior SalesKen Ang, Design Team LeadBikash, Project Team LeadHongji, Carpentry Team LeadAbdullah Fa, Tiling Team LeadIn-house expertise for end-to-end renovation solutionsUnlike traditional renovation models, which often involve the hassle of coordinating separate contractors and designers, How 2 Design manages every aspect of the renovation process under one roof. By offering integrated interior design and construction services, How 2 Design ensures a seamless blend of style and functionality throughout the project. Timothy's extensive experience as a project manager and his time as a subcontractor shaped his ability to develop robust SOPs that guide How 2 Design's team. These SOPs ensure every project is executed with precision, accountability, and consistency. For homeowners, this means a smooth renovation journey with clear communication, minimized stress, and results that align perfectly with their vision.The How 2 Design approach integrates both design and construction under one roof, setting them apart from firms that rely on third-party designers or subcontractors. Their direct involvement in all phases of the renovation ensures cost efficiency, seamless integration of design and function, and a single point of accountability throughout the project.Delivering the same dedication to every projectWhether it's a larger commercial property or a small HDB flat, How 2 Design brings the same level of dedication and attention to detail. Their success in managing a high-stakes commercial renovation demonstrates their ability to handle projects of any scale with professionalism and precision, making them a trusted partner for homeowners and businesses alike.Solving HDB renovation challenges the How 2 Design wayHow 2 Design has built a reputation for stepping in when homeowners need them most. One notable example involved clients who were left in distress after being cheated by other contractors. Facing incomplete projects and mounting stress, these homeowners turned to How 2 Design for help.Leveraging their nearly 100% in-house capabilities, the How 2 Design team quickly assessed the situation, made critical on-the-spot decisions, and expedited the renovation process. Their efficient coordination and hands-on approach allowed the homeowners to remain living in their flats while the renovation continued. With the ability to make quick decisions and execute work swiftly, How 2 Design not only completed the projects within the new timeline but also restored the homeowners' trust and peace of mind.While How 2 Design excels at rescuing distressed projects, they also bring the same level of dedication and attention to detail to everyday renovation needs. For instance, a homeowner seeking a custom-built wardrobe turned to How 2 Design for their expertise in carpentry. The project required on-site fabrication, a task the team handled with precision and care. To protect the homeowner's furniture, they provided extra-large plastic covers and ensured minimal disruption during installation.When a minor issue arose with the drawers hitting the door, the team quickly improvised and adjusted the design on-site to resolve the problem. They worked efficiently while maintaining high standards of cleanliness, leaving the space spotless after completing the installation. The project resulted in a beautifully crafted wardrobe that exceeded expectations, demonstrating the company's dedication to quality and personalized service.The How 2 Design promise: Quality, control, and accountabilityAt How 2 Design, quality control and accountability are not just promises–they're foundational values set by Timothy and Fibi to guide every project. This commitment means homeowners are kept informed at every stage, with clear communication and a team that treats each project with the same care as they would their own home.Bringing dream home to life, hassle-freeHow 2 Design offers HDB homeowners a better renovation experience by eliminating the common challenges of working with separate vendors. Their in-house, all-in-one approach ensures clear communication, streamlined processes, and consistent quality throughout every stage of the project. With their proven expertise and commitment to excellence, they bring every homeowner's vision to life with ease and confidence.With over 1,000 projects completed to date, How 2 Design brings proven expertise to every renovation. Ready to transform your HDB space? Contact them today for a seamless, stress-free renovation with expert design and construction under one roof. For more info, please call Phone: +65 67440015Media ContactBrand: How 2 DesignContact: Media TeamWebsite: https://www.how2design4u.com/ Copyright 2024 ACN Newswire via SeaPRwire.com.

Dhaka, Bangladesh, Dec 23, 2024 - (ACN Newswire via SeaPRwire.com) - Summit Group, Bangladesh’s largest private sector power generation company, has issued clarifications in response to a recent draft of a government White Paper, and said it welcomes transparency and remains committed to the highest levels of corporate governance and corporate social responsibility (“CSR”) in the country.Bangladesh media have reported widely on a draft of the ‘White Paper on the State of the Bangladesh Economy’ released in recent weeks by the interim government led by the Honourable Chief Adviser Dr. Muhammad Yunus. The document said Bangladesh’s power and energy sector faced challenges such as excess capacity, dependence on imports of gas and under-development of domestic natural gas resources.Summit Power International Limited (“SPIL”), the Singapore-registered parent of Summit Corporation Limited (“SCL”) – the leading foreign direct investor in Bangladesh’s power sector – has responded to statements in White Paper which referred to SCL’s assets or subsidiaries.1) The draft White Paper referred to Summit Group as being one of the “selected large conglomerates” which enjoyed “exemptions on project income” and “exemption on income arising from power generation”.SPIL said these exemptions cited were part of a broader policy initiative that applied to the entire power and energy sector in the country. “The policy, i.e. Private Sector Power Generation Policy framed in 1996, designed to attract investment and meet Bangladesh’s critical energy needs, encompassed approximately 104 projects. These exemptions were not exclusive to Summit Group but were reflective of a sector-wide strategy to enhance Bangladesh’s energy capacity to ensure sustainable development,” SPIL said.2) The “Other Common Malpractice” section in the White Paper alleged that contract conditions were changed after it was awarded, and singled out the Summit Meghnaghat 335 dual fuel power plant for switching from heavy fuel oil (“HFO”) to high-speed diesel (“HSD”) without changing capacity payment or heat rate as an example.The Bangladesh Petroleum Corporation, the supplier of energy oil, was unable to provide the specified oil under the original agreement and instead reached an understanding with the Bangladesh Power Development Board to supply alternative oil, SPIL said.“In order to maintain operations and fulfil its commitments, Summit Meghnaghat was obliged to accept this change but remains prepared to accept oil in accordance with the original tender conditions,” SPIL said.Through SCL, the Summit Group operates 18 power plants with a combined generation capacity of 2,255MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people.3) The White Paper listed Summit Power Limited among 83 companies listed on the Dhaka Stock Exchange that had been “unfairly excluded” from certain regulatory activities, and said market rigging was endemic in the domestic equity market.“Summit Power Limited has always conducted its affairs with the highest levels of corporate governance. Its Board of Directors comprises eminent and well-respected corporate figures. At no time has the company ever engaged in market rigging,” SPIL said.4) Regarding Bangladesh’s second Floating Storage and Regasification Unit (“FSRU”), which Summit Group operates, the White Paper alleged public funds were misused because Summit supplied LNG at a premium while natural gas reserves were available with the Bangladesh Oil, Gas and Mineral Corporation (“Petrobangla”).SPIL said that Summit’s FSRU was not responsible for the supply of gas and, accordingly, has not imported or supplied any gas to date. The long-term supply contract signed between Summit Oil and Shipping Company Limited and Petrobangla was at the lowest price of all contracts awarded at the time, including for OQ Trading and Excelerate Energy (“Excelerate”). In any event, Summit has not yet imported any gas under the long-term supply contract.Further, Summit’s FSRU did not receive any special exemptions, and its daily tariff/charter rate is lower than that of the Moheshkhali Floating LNG owned by Excelerate, the only other FSRU in Bangladesh. The incentives referenced were part of an industry-wide framework that applies to both Excelerate and Summit’s FSRU projects.“As a responsible corporation with a track record of providing energy and power to Bangladesh, Summit Group has always respected and adhered to the laws of both Bangladesh, where SCL operates, as well as Singapore, where SPIL is domiciled,” SPIL said. “We are dedicated to contributing meaningfully to Bangladesh’s growth and prosperity. Our operations in Bangladesh have consistently adhered to all regulations, and we take pride in upholding the highest standards of integrity and governance,” SPIL said.“Being a dependable partner in nation building, we remain open to dialogue with all stakeholders,” it added. “We invite committee members preparing the White Paper to engage and seek clarification where needed. As a substantial foreign direct investor, the Summit Group has always conducted its affairs in a transparent manner while striving to support the long-term development of Bangladesh,” it added.About Summit Power International Limited (“SPIL”)SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country’s total installed capacity. Summit owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank’s private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan’s largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date.Learn more at: www.summitpowerinternational.com Media ContactWeR1 Consultants Pte LtdWhatsApp (Text): (+65) 9748 0688Email: summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.