BANGKOK, Sept 12, 2024 - (ACN Newswire via SeaPRwire.com) - Petchsrivichai Enterprise PCL (SET: PCE), a leader in the integrated palm oil industry, today began trading on the Stock Exchange of Thailand (SET), highlighting the Company’s readiness as an integrated producer and distributor of palm oil products with a supply chain management system in place, to respond to customer needs as a One-Stop Service.The Company is also proceeding with the expansion of its palm oil extraction plant and palm olein production plat, taking advantage of the opportunity while the palm oil industry is expanding both domestically and in the export market, to create growth in a bid to become a leader in the palm oil industry at the national level.Mr. Prakit Prasitsupaphol, CEO & Managing Director of Petchsrivichai Enterprise PCL, announced that the Company began trading PCE shares on the SET today, September 12, in the Agro & Food Industry Group, Agribusiness Sector, under the abbreviation PCE. This followed the successful IPO of 750 million common shares for 2.28 baht per share. At the IPO, PCE shares received overwhelming interest from investors, reflecting confidence in the Company’s integrated palm oil business. In so doing, they helped to make PEC one of the stocks that attracted keen interest from investors from the first day of trading.PCE has set its growth strategy to become a leader in the integrated palm oil industry at the national level through 1. Being a leader in the integrated palm oil industry with full management readiness of the supply chain system, as group companies possess combined production processes for palm oil products from upstream to downstream, warehousing and port services, as well as the modern transportation processes to meet customer needs in the form of “One-Stop Service”, with nearly 40 years of direct experience in the industry; 2. The group’s location is in Surat Thani Province, an ideally strategic area for raw material sourcing and being close to customers and seaports; 3. The group’s production processes and quality control have been certified by international standards.The Company plans to use the funds raised in the SET to invest in the expansion of a crude palm oil extraction plant, doubling the production capacity from the current 60 tons of fresh palm fruits per hour, along with increasing the stability of the supply of raw material and crude palm oil supply for further refining processes, as well as investing in machinery and equipment to double the production capacity of palm olein for consumption from the current 300 tons per day. The Company’s two production plants were already operating at 80-90% of installed production capacity. Moreover, the fund will also be used to improve the efficiency of the production process, to expand the market in all sectors both domestically and in the export markets, and to invest in technology that will apply to research and further development, to add value to products and create opportunities in new markets in the future.As for the operating results for 2021 to 2023, the total revenues were 28,178.54 million baht, 32,696.15 million baht, and 24,722.79 million baht, respectively, while the net profits were 847.33 million baht and 214.40 million baht, and 330.50 million baht, respectively. For the first six months of 2024, the group had a total revenue of 12,921.47 million baht and a net profit of 211.97 million baht, similar to those of the same period of the previous year. In 2023, the group’s main revenue was derived from the palm oil industry at 98.61%, with the sales proportion of 63.67% for the domestic market and 36.33% for the international market.Mr Somsak Sirichainarumitr, CEO of Asset Pro Management Co Ltd (APM), as a financial advisor, said PCE is considered the first fully integrated palm oil industry leader to list on the SET and has the potential to grow in line with the expansion of the palm oil industry, spurred on by growing purchasing power in both domestic and international markets, for consumption or applications, by the renewable energy groups where demand is continuously increasing, and in the use of oleochemicals as ingredients in products such as cosmetics, soaps, skin care creams, etc., following the recovery of the domestic and global economies. They are also applicable to the biodiesel industry.Ms. Nalyne Viriyasathien, Managing Director, Investment Banking and Advisory of Maybank Securities (Thailand) PCL, as Joint Lead Underwriter, said PCE’s IPO offering of 750 million shares at 2.28 baht per share, or 1,710 million baht, was enthusiastically received by both retail and institutional investors. This was because investors were confident in the business potential of PCE, a leader in the palm oil industry with high growth potential. They also believed PCE would be another quality stock for investors in the Thai capital market.Mr. Payupat Mahabhol, managing director of investment banking at Yuanta Securities (Thailand) Co Ltd and joint lead underwriter, said that he was confident that PCE would be a growth stock that would generate good returns for investors. The company’s strength as a leader in the integrated palm oil industry and its ability to manage the supply chain system that provides customers with a one-stop service can help reduce extraneous costs. Therefore, for PCE as an enterprise with strong business partnerships, this fundraising will help strengthen its capital, which will be used to expand the business and further the Company’s growth according to its business plan.Released by Public Relations Dept., MT Multimedia Co., Ltd. for Petchsrivichai Enterprise Plc.For more information, please contact: Thiyaporn “Dah” SriadunphanTel. +66 (0) 87 556 6974; Email: thiyaporn.s@mtmultimedia.comPetchsrivichai Enterprise PCL [SET: PCE; PCE/F; PCE/R] https://pce-th.com/ Copyright 2024 ACN Newswire via SeaPRwire.com.

OSLO, NORWAY, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - Pixotope Technologies AS, the leading platform for end-to-end real-time virtual production solutions, is excited to announce a landmark partnership with the Happy Elephant consortium as its exclusive distributor for Greater China and selected countries in Southeast Asia region. This collaboration marks a pivotal moment in Pixotope's global growth strategy, set to transform virtual production accessibility in one of the world's most vibrant and rapidly evolving markets.The Happy Elephant consortium, uniting the formidable talents of Happy Elephant, Totem Vision, and Socam, brings a wealth of expertise and established market presence to this partnership. Their collective prowess in digital display technology, studio design, and audiovisual integration matches seamlessly with Pixotope's state-of-the-art virtual production software. This synergy promises to catalyze innovation and unleash creative potential across the region.Marcus B. Brodersen, CEO of Pixotope Technologies AS, expressed his enthusiasm: "Our partnership with the Happy Elephant consortium opens up unprecedented opportunities for Pixotope. By combining forces with Happy Elephant, Totem Vision, and Socam, we're not merely expanding our reach - we're unlocking a new realm of possibilities for content creators throughout Asia-Pacific. Their profound understanding of local markets, coupled with our cutting-edge technology, will empower media producers to redefine the boundaries of virtual production."The exclusive distribution agreement, centered on Pixotope's enterprise product portfolio, encompasses the entire Greater China and selected regions in Southeast Asia, positioning the partnership for significant market impact.XiaLi, CEO at Happy Elephant consortium, shared their perspective: "We are thrilled to partner with Pixotope and further expand the reach of their groundbreaking virtual production platform to the APAC market. This collaboration perfectly aligns with our commitment to delivering advanced, comprehensive media solutions. Together, we will enable storytellers across Asia to craft immersive, high-quality content that resonates with global audiences."To ensure seamless integration and local support, XuYang, Pixotope's sales manager in China, will serve as the regional sales manager and key liaison between the partners, providing continuity and leveraging his regional expertise.The partnership is effective immediately, with Pixotope and the Happy Elephant consortium collaborating closely to ensure a smooth transition and capitalize on the myriad of opportunities ahead.About PixotopePixotope Technologies AS is an award-winning software company at the forefront of virtual production innovation. With a proven track record in the most demanding live productions worldwide, Pixotope provides media content creators with a robust, end-to-end Virtual Production Platform. Operating globally with 24/7 support and a presence across four continents, Pixotope is committed to making virtual production accessible, user-friendly, and successful for all media creators.For more information, visit https://www.pixotope.com/About Happy Elephant ConsortiumThe Happy Elephant consortium unites the strengths of Happy Elephant, Totem Vision, and Socam to deliver comprehensive digital media solutions:Happy Elephant: A leading 3D and virtual production specialist offering end-to-end solutions across the digital media spectrum. Their expertise spans advanced AR, VR, and XR solutions for On-Air Graphics, virtual character development, and innovative studio stage design and construction.Totem Vision: Established in Guangzhou in 2022 by CDV (NewAuto), Totem Vision is a pioneer in digital display interactive technology, leveraging Video+AI innovations. With three decades of experience serving prominent national clients, they are recognized leaders in ultra-high-definition virtual and real fusion equipment.Socam: Founded in 2004, Socam specializes in professional radio and television markets, excelling in audio and video system integration. Their comprehensive services encompass all-media studio design and production, LED screen system engineering, post-production services, and virtual scene design and production.For media inquiries, please contact: XuYang (xu.yang@pixotope.com) or Jana Amirali (jana.amirali@pixotope.com).SOURCE: Pixotope Copyright 2024 ACN Newswire via SeaPRwire.com.

BAD HOMBURG VOR DER HOHE, GERMANY, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - Maxon, maker of powerful, user-friendly software solutions for content creators working in 2D and 3D design, motion graphics, visual effects, and more today announced ZBrush for iPad.ZBrush for iPad now available. Artist credit Lucas Cuenca.Created by artists for artists, ZBrush for iPad is revolutionizing digital sculpting by making it possible to take the power of Academy Award-winning ZBrush on the go to sculpt, paint, and bring creations to life anywhere in real time with Apple's touch-based capabilities!ZBrush for iPad also offers many of the same tools and features found in the desktop version, including the collection of leading, proprietary digital sculpting brushes created with real-world sculpting techniques in mind. Users will also be glad to know sculpting on the go does not mean sacrificing polygon count, depending on iPad memory and version. The latest M4 iPad with at least one terabyte (TB) of storage, for example, can reach up to 92 million polygons per mesh.ZBrush for iPad also features a highly customizable user interface that expands on the desktop version's QuickMenu, making it easy to arrange sculpting tools for a more optimized, personal experience. And it's also possible to customize the Apple Pencil double tap or Pencil Pro squeeze to complete an action, like framing a mesh in the document or turning on PolyGroup.ZBrush for iPad includes over 200 of ZBrush's leading digital sculpting brushes.Additional ZBrush for iPad Feature Highlights:ZRemesher generates a new mesh with an even distribution of polygons, preserving the essential details and flow of the original surface.Sculptris Pro adds and reduces triangle tessellation with each brush stroke, making it simple to focus on sculpting without worrying about technical restraints.DynaMesh retopologizes while sculpting, so it's possible to stretch digital clay or add volume while retaining the same basic capacity for detail.Array Mesh makes it possible to create duplicate instances of geometry in varying patterns and shapes in real time.The Dynamicssystem enhances sculpts by allowing any surface to be draped over another surface.Live Boolean gives users the ability to combine, subtract, and/or use intersections to create unique results.PolyPaint makes iteasy to paint and sculpt at the same time, making it possible to paint on the surface of a model without first assigning a texture map.Included with ZBrush and Maxon One subscriptions - and available as a stand-alone subscription too - ZBrush for iPad includes over 200 of ZBrush's leading digital sculpting brushes and the ability to easily load the thousands of custom brushes that have been created by incredible users!ZBrush and Maxon One subscribers can also share ZTool (ZTL) and ZProject (ZPR) files between iPad and desktop seamlessly. GoZ can also be used to move files between versions with one click.For anyone wanting to try the world's leading digital sculpting application, ZBrush for iPad also has a free plan that offers a robust sculpting experience with an introductory set of 28 of the most popular brushes and limited features for tools like Dynamesh, SculptrisPro, ZSpheres, and ZRemesher. And it's available at the App Store now!For professionals who need to work on location, or just want to take the unrivaled capabilities of ZBrush someplace more comfortable and inspiring, ZBrush for iPad is a game changer that puts creativity first without constraints.ZBrush for iPad requires iPadOS 17 or later, and is available on iPad models with A12 Bionic or later.About MaxonMaxon makes powerful, yet approachable software solutions for content creators working in 2D and 3D design, motion graphics, visual effects and visualization. Maxon's innovative product portfolio helps artists supercharge their creative workflows. Our product lines include the award-winning Cinema 4D suite of 3D modeling, simulation and animation technology; the creativity-on-the-go Forger mobile sculpting app; the diverse Red Giant lineup of revolutionary editing, motion design and filmmaking tools; the leading-edge, blazingly fast Redshift renderer; and ZBrush, the industry-standard digital sculpting and painting solution.Press ContactChloe LarbyGrithaus Agency(e) chloe@grithaus.agency(p) +44 7454 012045SOURCE: Maxon Computers Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - The ninth Belt and Road Summit, co-organised by the Hong Kong Special Administrative Region Government (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre.The theme is Building a Connected, Innovative and Green Belt and Road. As one of the celebrations for the 75th anniversary of the founding of the People's Republic of China, the Summit brings together over 90 policymakers and business leaders from Belt and Road countries and regions. It centres on the eight major steps President Xi Jinping announced last year to support the high-quality development of the Belt and Road Initiative (BRI) and explores cooperation opportunities for the next golden decade of the BRI.The Opening Session featured opening remarks by John Lee, Chief Executive of the HKSAR, and welcome remarks by Dr Peter K N Lam, Chairman of the HKTDC. Special addresses were delivered by Li Yongjie, Deputy China International Trade Representative of the Ministry of Commerce of the People’s Republic of China; Gou Ping, Vice Chairman of the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China; and Xiao Weiming, Deputy Secretary-General of the National Development and Reform Commission of the People’s Republic of China. A keynote address was delivered by H.E. Nguyen Hoa Binh, Permanent Deputy Prime Minister of Vietnam.John Lee said during his opening remarks: “Green development is increasingly important in Belt and Road collaboration. Hong Kong contributes to the cause of sustainability by not only developing green tech, but also by leveraging our expertise in financial services and driving the development of green finance. Earlier this year, we launched the world's first multi-currency, tokenised green bond, part of our commitment to Hong Kong's rise as a green finance hub.”Dr Lam said: “Innovation and sustainability are key drivers of growth today. We will discuss how we can work more closely together to create a more innovative and greener Belt and Road. With its unique strengths and advantages, Hong Kong is ideally placed to foster collaboration. As the most international city in the Guangdong-Hong Kong-Macao Greater Bay Area and gateway to the vast Mainland China market, Hong Kong can facilitate many opportunities across Asia and beyond. ASEAN – our second-largest trading partner – will be a market highlight at this year’s Summit, following the recent mission we organised to Laos, Cambodia and Vietnam led by Hong Kong SAR Chief Executive John Lee.”In her remarks, Li Yongjie said: “Under the framework of The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), the Ministry of Commerce (MOFCOM) supports Hong Kong to enhance its status as an international financial, shipping and trading centre, and to play the role of a hub and platform in the Belt and Road Initiative. The MOFCOM will support Hong Kong in signing free trade agreements and investment protection agreements with more countries and regions, and to join Regional Comprehensive Economic Partnership as soon as possible. The MOFCOM will also support mainland and Hong Kong enterprises to strengthen information exchange, deepen cooperation on Belt and Road projects, enhance Hong Kong's participation in the Belt and Road Initiative, and strengthen Hong Kong's status as an international trade centre.”H.E. Nguyen Hoa Binh said during his speech: “The global economy is experiencing significant transformations in its structure and growth model, requiring both governments and the business community to collaborate in promoting initiatives on economic cooperation and integration that support peace, cooperation and development at regional and global levels. I am confident that with the commitment and sound policies of our governments, along with the support and active engagement of the business community and by embracing a spirit of equality, openness and mutual benefit while upholding international law, the Belt and Road Initiative will continue to flourish.”Deepening multilateral cooperation for a win-win futureFollowing the successful outcomes of Chief Executive John Lee's ASEAN visit in July, organised by the HKTDC, the Summit aims to further deepen relations between Hong Kong and ASEAN as well as other emerging markets along the Belt and Road.The Policy Dialogue, hosted by Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR, focused on Multilateral Cooperation for an Interconnected World. Invited ministerial-level officials from ASEAN and Central Asia who explored opportunities for multilateral cooperation include: H.E. Lim Lork Piseth, Secretary of State, Ministry of Commerce, Cambodia; Rachmat Kaimuddin, Deputy Coordinating Minister, Maritime Affairs and Investment in Infrastructure and Transportation, Indonesia; Arman Kassenov, Vice-Minister of National Economy, the Republic of Kazakhstan.One highlight of the first day was the Business Plenary chaired by Professor KC Chan, Chairman of WeLab Bank. This session featured Ding Yanzhang, Chairman of Power Construction Corporation of China; Clara Chan, Chief Executive Officer of Lee Kee Group; Dato’ Seri Cheah Cheng Hye, Co-Chairman and Co-Chief Investment Officer of Value Partners Group; Shinta Widjaja Kamdani, Chief Executive Officer of Sintesa Group. They discussed Hong Kong's role in promoting multilateral business cooperation as well as strategies that global companies are adopting in response to the latest international situation. In the evening, a cocktail reception took place with welcoming and opening remarks from Dr Peter K N Lam, and Sun Yu, Vice Chairman and Chief Executive of Bank of China (HK) Limited. Algernon Yau, Secretary for Commerce and Economic Development of the Hong Kong SAR, also delivered special remarks.The Keynote Luncheon featured a welcome address by Paul Chan, Financial Secretary of the HKSAR Government, opening remarks by Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of China International Capital Corporation Limited, and a keynote speech by Dilma Rousseff, President of New Development Bank.Comprehensive analyses of topical issues on the first day of the thematic breakout sessionAs the Belt and Road Initiative enters its next golden decade, there is increasing demand for efficient, one-stop legal and dispute resolution services. A thematic breakout session titled Building a Green, Sustainable and Innovative Silk Road through Hong Kong’s Legal and Dispute Resolution Services was co-hosted with the Department of Justice of the HKSAR. The session began with welcome remarks from Paul TK Lam, Secretary for Justice of the HKSAR Government, featuring business leaders from the Hong Kong International Arbitration Centre and law firms. Another thematic breakout session on the first day was co-hosted with the Insurance Authority, titled Role of Captive Insurance in Supporting Belt and Road Initiative.Additionally, the Summit co-hosted the Mainland-Hong Kong Trade In Services Symposium with the Ministry of Commerce of the People's Republic of China (MOFCOM). This symposium analysed the latest developments across various sectors, driving service innovation along the Belt and Road, with representatives from leading companies in telecommunications, AI and professional services. The Symposium also features a pavilion brought by MOFCOM, which brings together exhibitors in the fields of green technology, business services and cultural trade to showcase China's achievements in trade in services to global buyers, and to build a platform for collaboratively exploring the international market.Debut Green Chapter highlights Hong Kong's green advantagesThis year’s Summit introduces a new Green Chapter, featuring a series of thematic breakout sessions related to green construction, innovation and finance, allowing participants to explore ways of developing green businesses leveraging Hong Kong as a platform.The Charting Green Development for a Connected World session discussed strategies for optimising green infrastructure development. It was co-hosted by the China International Contractors Association. The speakers at this session were: Chen Zhong, Vice General Manager of China Communications Construction Group Limited; Harry Lai, Executive Director of Hong Kong Green Building Council; Wu Yun, Deputy General Manager of China Energy Engineering Group Co., Ltd; Rex Wong, CEO of Kam Shing Group; and Mi Zhihui, Vice President of Shanghai Municipal Engineering Design Institute (Group) Co., Ltd.Second Business Plenary to explore opportunities in the Middle EastTomorrow's Business Plenary will be chaired by Ronnie C. Chan, Honorary Chair of Hang Lung Properties Limited. The business plenary, which will explore opportunities in the Middle East and other Belt and Road markets, will feature: Mohamed Abduljabbar Alkoheji, Second Vice-Chairman of the Bahrain Chamber of Commerce and Industry; Bonnie Y Chan, Chief Executive Officer of Hong Kong Exchanges and Clearing Limited; Peter Fekete, Group CEO of 4iG from Hungary; Eric Ip, Group Managing Director of Hutchison Port Holdings Limited from Hong Kong; Iqbal Khan, Chief Executive Officer of Fajr Capital from UAE; and Bui Kim Thuy, Deputy CEO of VinFast from Vietnam.Two new thematic breakout sessions will also take place tomorrow – Multi-dimensional Connectivity under the Belt and Road Initiative and People-to-people Exchanges through Business and Cultural Collaboration – discussing progress in transport connectivity and ways in which economic and cultural exchanges can enhance mutual understanding. The Green Chapter will also have two sessions tomorrow on Smart and Green Silk Road and Developing Viable Sustainable Infrastructure Projects. Two sessions from the Finance Chapter will discuss how businesses can seize financial services opportunities in the Belt and Road via Hong Kong to expand in ASEAN and the Middle East and the impact of financial innovation and technology on BRI development. A Youth Chapter session brings together young business leaders to talk about the ways in which youth can harness opportunities presented by the BRI.19 MoUs signed on Day 119 Memoranda of Understanding (MoUs) signed on the first day of the Summit. Signatories of the 4 G2G MoUs and 15 B2B MoUs comprised government and businesses from the Middle East and ASEAN, including the United Arab Emirates, Indonesia, Malaysia and Vietnam as well as Australia. Areas covered include infrastructure, energy and sustainable development. This year’s Summit continues to offer investment and business matching services, including one-to-one project matching meetings and project investment sessions. The business matching service provides a full range of options, in both physical form on 11-12 September and online on 16-17 September, with more than 280 investment projects expected to be matched and more than 800 one-to-one project matching meetings taking place.The Summit continues to feature an exhibition area showcasing more than 100 exhibitors across three distinct zones: the Hong Kong Zone, Global Investment Zone and InnoTech Zone. The Hong Kong Zone highlights the services and business advantages of Hong Kong service providers. The Global Investment Zone presents large-scale investment projects, cultural and technological developments as well as global investment opportunities. The InnoTech Zone showcases cutting-edge innovations, AI, digital technologies and solutions from around the world.The Strategic Partner for the 9th Belt and Road Summit is Bank of China International Capital Corporation Ltd. The Banking Partner is Bank of China (Hong Kong) Limited. The Global Connectivity Partner is the Hongkong and Shanghai Banking Corporation Limited. The New Economy Partner is Standard Chartered. The Diamond Sponsor is Huatai International Financial Holdings Company, while China Mobile International Limited, China National Petroleum Corporation, China Telecom Global and China Unicom Global Limited are Platinum Sponsors.The 9th Belt and Road SummitDate11-12 September 2024VenueHall 5B-E, Hong Kong Convention and Exhibition CentreWebsitesBelt and Road Summit: https://www.beltandroadSummit.hk/conference/bnr/enProgram: https://www.beltandroadsummit.com/conference/bnr/en/programmeSpeaker list: https://www.beltandroadsummit.com/conference/bnr/en/speakerPhoto download: https://bit.ly/4dhRGVbThe ninth Belt and Road Summit, co-organised by the Hong Kong SAR Government and the HKTDC, opened today under the theme Building a Connected, Innovative and Green Belt and Road. The event gathered more than 90 key officials and business leaders from countries and regions along the Belt and Road to explore the latest BRI cooperation opportunitiesJohn Lee, Chief Executive of the Hong Kong SAR, delivered the opening remarks during the Opening Session.Dr Peter K N Lam, Chairman of the HKTDC, delivered welcome remarks during the Opening Session.Li Yongjie, Deputy China International Trade Representative of the Ministry of Commerce of the People’s Republic of China, gave a special address.Gou Ping, Vice Chairman of the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China, gave a special address.Xiao Weiming, Deputy Secretary-General of the National Development and Reform Commission, the People’s Republic of China, gave a special address.H.E. Nguyen Hoa Binh, Permanent Deputy Prime Minister, Vietnam, delivered a keynote address.On the first day of the Summit, more than a dozen companies signed multiple Memoranda of Understanding.The Policy Dialogue, hosted by Algernon Yau, Secretary for Commerce and Economic Development of the Hong Kong SAR, focused on Multilateral Cooperation for an Interconnected World, inviting ministerial-level officials from ASEAN and Central Asia, to explore opportunities for multilateral cooperation.The first day’s Business Plenary, Capturing Belt and Road Business Opportunities, analysed the latest prospects of ASEAN.The Keynote Luncheon featured a welcome address by Paul Chan Mo-po, Financial Secretary of the Hong Kong SAR, opening remarks by Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of China International Capital Corporation Limited, and a keynote speech by Dilma Rousseff, President of New Development Bank.Media enquiriesYuan Tung Financial Relations:Anson WongTel: (852) 3428 3413Email: awong@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - Guotai Junan International Holdings Limited (“Guotai Junan International”, the “Company” or “GTJAI”, stock code: 1788.HK) announced that Moody's, an international credit rating agency, updated the company’s credit rating report and reaffirmed its “Baa2” long-term issuer credit rating with a “stable” outlook. Moody's believes that the support from the parent company Guotai Junan Securities and the support provided by the Chinese government through the parent company can offset the pressure on GTJAI's credit profile stemming from a complex external operating environment. In June 2024, GTJAI also received a reaffirmed "BBB+" investment grade rating (long-term issuer) from S&P with a "stable" outlook. At present, the Company's credit ratings continue to maintain a leading position among Hong Kong-based Chinese securities firms. For the detailed report, please contact Moody's. – End – Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - HighTide Therapeutics, Inc. (2511.HK), a clinical stage biopharmaceutical company specializing in the development of multifunctional multi-targeted therapies for chronic liver and metabolic diseases, presents at the 60th European Association for the Study of Diabetes (EASD) Annual Meeting, taking place from September 10-13, 2024 in Madrid, Spain. The presentations include post-hoc analyses of two Phase 2 clinical studies of berberine ursodeoxycholate (HTD1801), a gut-liver anti-inflammatory metabolic modulator, in patients with type 2 diabetes mellitus (T2DM).“These data provide additional insight on the potential benefits of HTD1801, a novel, multifunctional therapy being developed for the treatment of patients with T2DM. The two ongoing Phase 3 studies (NCT06350890, NCT06415773), fully enrolled in 2Q 2024, evaluate the efficacy and safety of HTD1801 in T2DM patients (as monotherapy or in combination with metformin). We look forward to the results of these Phase 3 studies which we expect to announce in 2025,” said Dr. Leigh MacConell, Chief Development Officer of HighTide.“Efficacy of Berberine Ursodeoxycholate (HTD1801) in Chinese and Western Patients with T2DM”(Presentation 711, Oral Presentation, September 11, 12:45 PM CEST)About the Abstract: T2DM and MASH are highly interrelated, the presence of each increasing risk of outcomes. Patients with both T2DM and MASH are at higher risk of histologic progression in MASH, cardiovascular outcomes, hepatic outcomes, and all-cause mortality. The purpose of this analysis was to compare the effects of HTD1801 in Chinese and Western patients with T2DM with or without MASH. These data demonstrate that while the two populations are ethnically distinct with related but different diseases, treatment with HTD1801 was associated with improvements in key measures of glycemic, cardiometabolic, and hepatic benefit in both populations. HTD1801 offers holistic benefits that are observed in both Chinese and Western patients, irrespective of underlying disease, that address core aspects of both T2DM and MASH.“Berberine Ursodeoxycholate (HTD1801) Provides a Unique Therapeutic Approach for Patients with Metabolic Diseases and Severe Insulin Resistance”(Presentation 708, Oral Presentation, September 11, 12:45 PM CEST)About the Abstract: Insulin resistance is a significant risk factor for T2DM, obesity and MASH. HTD1801 enhances the utilization of glucose and fats through activation of AMP-activated protein kinase (AMPK), thereby improving insulin sensitivity. As HTD1801 is under development as a treatment for patients with T2DM, as well as MASH, we analyzed the effects of HTD1801 response based on degree of insulin resistance. These data demonstrate that HTD1801 can alleviate the metabolic inhibitory effects caused by hyperinsulinemia, leading to even greater hepatic and metabolic benefits in patients with more severe insulin resistance, offering a unique therapeutic approach for individuals with T2DM and/or MASH.About HighTide TherapeuticsHighTide Therapeutics, Inc. (2511.HK) is a globally integrated biopharmaceutical company focusing on the discovery and development of first-in-class multifunctional multi-targeted therapies with chronic liver and metabolic diseases with significant unmet medical needs. The company is developing multiple clinical assets, including therapy for metabolic dysfunction-associated steatohepatitis (MASH), type 2 diabetes (T2DM), severe hypertriglyceridemia (SHTG), primary sclerosing cholangitis (PSC). Berberine ursodeoxycholate (HTD1801), the company’s lead drug candidate, received Fast Track designation from the U.S. FDA for both NASH and PSC, as well as Orphan Drug designation for PSC. In China, HTD1801 has been included in the National Major New Drug Innovation Program under the 13th Five-Year Plan for Major Technology Project.For more information, please visit www.hightidetx.comContact: pr@hightidetx.com Copyright 2024 ACN Newswire via SeaPRwire.com.

- Deepanshu Madan, an Indian national with experience across India and Southeast Asia, becomes the latest partner at Asia’s leading secondary private equity firm- TR’s India business continues to expand and to capture growing opportunities as one of the first-movers in this spaceSingapore and Mumbai, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - TR Capital, the leading Asian secondary private equity firm, is pleased to announce that Deepanshu Madan has been made the firm’s fourth Partner, marking an important milestone in the firm’s strategic growth.Deepanshu joined TR Capital seven years ago as a Director, and has since played a pivotal role in the development of the firm’s retail and healthcare portfolio across Asia. In November 2023, he was appointed as the Chief Executive Officer of one of the firm’s portfolio companies, Pharmacity, in Vietnam. At Pharmacity, he is implementing a thorough redesign of the business model to return it to sustainable profitability.Paul Robine, Founder and CEO of TR Capital, said, “I am thrilled to welcome Deepanshu as our fourth Partner. His exemplary track record over the past seven years, including his exceptional contributions at Pharmacity, underscores the effectiveness of TR’s active investment approach.”Deepanshu Madan, Partner at TR Capital, said, “I am pleased to be appointed as a Partner at TR Capital and to contribute to the strong investment and ownership culture at the firm. We will continue to push boundaries in developing and supporting our portfolio companies whilst delivering on our active investment approach.”This new addition to TR Capital’s senior leadership team is a strategic move to bolster the firm’s expansion in key markets, particularly in India. Recent initiatives, including leading the innovative Samara Capital continuation fund and the Fibe secondary direct deal, highlight TR's commitment to advancing its market presence.In accordance with its growth strategy, TR Capital has recently realigned its local teams at the Director and VP levels to ensure it remains attuned to the dynamics of each local market.Mr. Robine further commented, “The global secondary market landscape is evolving rapidly, particularly in India, where smaller secondary funds are surfacing alongside established players like TR Capital, creating an increasingly dynamic industry. As a pioneer in this sector, we take great pride in our innovative contributions to the Indian market and look forward to continued success in the future.”About TR CapitalTR Capital is a leading secondary private equity investor in the Asia-Pacific region, providing liquidity solutions to owners of private equity assets through single asset and portfolio transactions. The firm makes significant investments in innovative leaders in the Technology, Next-Generation Consumer and Healthcare sectors across Asia. TR Capital is an active investor and shareholder and works with its portfolio companies to optimize their business models and capital structures. TR Capital currently manages funds with aggregate capital commitments of close to US$1.5 billion. The firm’s sophisticated investor base includes sovereign funds, pension funds, asset management firms, entrepreneurs, and family offices.For more information, please contact:Artemis AssociatesDiana Footitt, CEOdiana.footitt@artemisassociates.com+852 9183 0667Dan Bradley, Managing Directordan.bradley@artemisassociates.com+852 6145 7455Bowen Chui, Directorbowen.chui@artemisassociates.com+852 9783 0643 Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - Fast Debt Recovery Specialist, Singapore's premier debt collection agency, has achieved a significant milestone by becoming one of the first to receive the newly implemented debt collection licence by the Singapore government. This certification underscores the agency's unwavering commitment to lawful and effective debt collection practices. In line with their business philosophy, "No one deserves to be a victim of broken promises," this licence further solidifies their dedication to ethical and transparent operations.Founded in 2017, Fast Debt Recovery Specialist has rapidly grown to become the preferred collection partner for businesses and individuals seeking assistance with local debt collection. The agency distinguishes itself by blending personalised field visits with cutting-edge technology and a robust benchmarking system, ensuring transparency and accuracy in all operations. Their compliance rate exceeds 100%, and they maintain an impressive average debt collection rate of 72%.In 2024, all debt collection agencies in Singapore are mandated to operate only with a valid debt collection licence awarded by the Singapore Police Force. Fast Debt Recovery Specialist is among the first agencies to receive this prestigious licence, which is reserved for agencies recognised for their dedication to lawful and effective debt collection practices. This endorsement is vital as it establishes Fast Debt Recovery Specialist as a legally compliant and trustworthy agency. It also reassures their clients, both locally and globally, of the integrity of their practices and their team in delivering collection services within Singapore.The debt collection industry often faces unfavourable perceptions, even for legitimately credible agencies like Fast Debt Recovery Specialist, due to stigma and unethical practices that have surfaced in the news. By obtaining this licence, Fast Debt Recovery Specialist further elevates its credibility, assuring clients of their ethical practices."Receiving this licence is a testament to our dedication to compliant and transparent debt collection," said Ms. Lyn, Founder of Fast Debt Recovery Specialist. "We are committed to setting the highest standards in the industry."Fast Debt Recovery Specialist offers a comprehensive range of debt collection services, combining personalised field visits with advanced technology. Ms. Lyn attributes their growth to their unique methodology. "Our approach includes a stringent employee vetting process and a robust benchmarking system that ensures transparency and accuracy in all our operations. By handling everything in-house, we empower our clients to protect their reputation more effectively, achieve higher satisfaction, and see better success rates."Securing full payment through strategic guidance and authority collaborationA car repair business engaged Fast Debt Recovery Specialist to recover a $3,600 debt from a customer who had defaulted on payment. The debt collection firm proposed an initial discounted first settlement of $1,888, which was promptly paid. During this meeting, the agency was unaware that the debtor had also reached out to an authority figure in an attempt to avoid further payment.Shortly after, the client received a letter from this authority figure, a situation that could have been intimidating. However, with Fast Debt Recovery Specialist's expert advice and their experience in dealing with authorities, the client confidently navigated the incident. By leveraging on the agency's meticulous skip tracing, investigation, and strategic guidance, the authorities ruled that the debtor must pay the remaining $1,712, leading to the full recovery of $3,600. This case highlights Fast Debt Recovery Specialist's role as a credible and legitimate partner, capable of navigating complex situations while ensuring their clients' reputation and rightful financial interests are fully protected.Fast Debt Recovery Specialist's expertise is further demonstrated through their handling of multiple debts involving the same company director across three separate cases."During the first visit, we discovered we were unable to contact the director as he had disappeared," Ms Lyn recounted. "However, through extensive skip-tracing, we located his guarantor, and, after some negotiation, the guarantor paid off the debt in cash."A few months later, Fast Debt Recovery Specialist encountered the same debtor again, as other stakeholders were also pursuing him for unpaid debts."Fortunately, due to the good relationship we had built with his guarantor, we managed to locate the debtor," Ms Lyn shared. "Through amicable discussions, the director and his shareholder agreed to meet his financial obligations and took out a bank loan to settle his debt."The total debt collected amounted to approximately $150,000.These cases highlight Fast Debt Recovery Specialist's tenacity and strategic approach in ensuring debts are fully recovered, even in complex scenarios."With our newly acquired licence and unwavering commitment to excellence, Fast Debt Recovery Specialist is ready to assist even more businesses around the world with all their Singapore debt collection needs," Ms. Lyn added. "At Fast Debt Recovery Specialist, we firmly believe that 'No one deserves to be a victim of broken promises.' Contact us today to experience the difference."Fast Debt Recovery Specialist is dedicated to providing top-tier debt collection services that are compliant, transparent, and effective. The agency's mission is to help businesses recover debts while maintaining the highest ethical standards.Media ContactFast Debt Recovery SpecialistWebsite: https://fastdebtrecovery.info/Phone: +65 6829 2148 / +65 9669 2349 Copyright 2024 ACN Newswire via SeaPRwire.com.