Boca Raton, Florida--(ACN Newswire via SeaPRwire.com - October 28, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce that it received the operational permit for its Neves Project from the government of the state of Minas Gerais in Brazil. With this positive decision, Atlas Lithium has all the needed authorizations to assemble and run its processing plant and develop open-pit mining operations at one of its lithium deposits. This marks a crucial milestone in the Company's goal of becoming a lithium producer.On October 25, 2024, a voting board comprised of twelve representatives from the local civil society and government unanimously approved Atlas Lithium's license application for its Neves Project, resulting in the formal issuance of the permit. On October 26, 2024, the permit was formally published in the official gazette of the Minas Gerais government. This outcome follows the technical recommendation for approval issued by the Environmental Foundation of Minas Gerais in September 2024.The permit authorizes Atlas Lithium to assemble and operate its lithium processing plant, to process mined ore from one of its deposits at the facility, and to sell the lithium concentrate that it produces. This key development comes after an extensive technical review process by regulatory agencies that began with the Company's initial permit application on September 1, 2023. The triphasic permit obtained by Atlas Lithium is the most expeditious licensing modality available as it encompasses the initial, the installation, and the operating licenses all within this same issued authorization (known as "LI/LP/LO" in the local regulatory terminology).Marc Fogassa, CEO of Atlas Lithium, commented, "We are thrilled with today's announcement, as permitting is widely considered the most critical risk in any mining project. Atlas Lithium's permit reflects fourteen months of our team's meticulous work throughout the licensing process and showcases our unwavering commitment to developing an environmentally responsible and sustainable operation in Brazil's Lithium Valley - a mineral district which is rapidly establishing itself as a premier location in the global lithium supply chain. This milestone marks a key step for us towards becoming a lithium producer and advances Atlas Lithium into the next phase of our growth trajectory.""We are committed to being a responsible corporate citizen for all our stakeholders. With the news provided today, and as the Neves Project proceeds towards implantation and operation, Atlas Lithium will create hundreds of local jobs in the Vale do Jequitinhonha area of Minas Gerais. Additionally, our lithium processing plant is engineered to possibly achieve the smallest environmental footprint in its class," said Rodrigo Menck, a member of the Board of Directors of the Company.About Atlas Lithium Corporation Atlas Lithium Corporation (NASDAQ: ATLX) is focused on advancing and developing its 100%-owned hard-rock lithium project in the state of Minas Gerais. In addition, Atlas Lithium has 100% ownership of mineral rights for other battery and critical metals including nickel, rare earths, titanium, graphite, and copper. The Company also owns equity stakes in Apollo Resources Corp. (private company; iron) and Jupiter Gold Corp. (OTCQB: JUPGF) (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 filed with the Securities and Exchange Commission (the "SEC") on March 27, 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/227991 Copyright 2024 ACN Newswire via SeaPRwire.com.
TOKYO, Oct 28, 2024 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation (Toyota) and Hyundai Motor Company (Hyundai) jointly hosted the "Hyundai N x TOYOTA GAZOO Racing FESTIVAL" at the Everland Speedway in Yongin, Gyeonggi Province, Korea on October 27. The event attracted around 2,800 motorsport enthusiasts and featured thrilling driving demonstrations by both companies' World Rally Championship (WRC) teams, along with interactive fan programs.The event featured Morizo (Akio Toyoda, Chairman of Toyota) at the wheel of the WRC competition vehicle "GR YARIS Rally1 HYBRID" with Euisun Chung, Executive Chair of Hyundai Motor Group, as his passenger. Before the crowd of about 2,800 spectators, the rally machine performed a donut turn, showcasing the powerful engine sound and dynamic driving performance of the WRC machine, drawing enthusiastic cheers from the audience.Following the performance, both chairmen took to the stage, exchanged warm handshakes, and shared their vision for the future of motorsport with the gathered fans.Morizo began his speech with "Saranghaeyo!" (meaning "I love you" in Korean) and continued, "Earlier this year, I met with Executive Chair Chung in Japan, where this idea gained momentum, and remarkably, we were able to realize this event just ten months later. I am deeply grateful to everyone who supported making this event possible. Toyota and Hyundai will work hand in hand to create a better society and the future of mobility.""With our high-performance N brand, we're committed to delivering excitement and satisfying all car enthusiasts. We'll continue to push forward in motorsport alongside Toyota so that more people can enjoy the thrill of driving" said Euisun Chung, Executive Chair of Hyundai Motor Group. "When I met with Chairman Akio Toyoda earlier this year, we discovered our mutual passion for racing, and I was delighted that we could hold this event. Chairman Toyoda is someone in the automotive industry that I respect deeply, and it's an honor to be here with him today," he added.The entire proceeds from ticket sales will be donated to the Korea Automobile Racing Association to promote and develop motorsport culture.Reflecting on the event, Morizo said:"In organizing this event, my first priority was to express gratitude to the Korean people. Having both Toyota and Hyundai chairmen appear together at a motorsport event and speak before our customers is truly symbolic. We've created a 'Car Enthusiasts Alliance' where we, usual competitors, join forces for the future of automobiles. With WRC fans supporting both teams, and Hyundai currently leading the rankings, this was a historic event that hints at potential new drama at Rally Japan. To all fans worldwide looking forward to Rally Japan, I believe the drivers will prepare thoroughly and deliver excellent performances at the final race, so please continue your support."Both companies' rally teams will compete in the "FIA World Rally Championship FORUM8 Rally Japan 2024" to be held in Aichi and Gifu Prefectures from Thursday, November 21 to Sunday, November 24. Fans can be sure to look forward to an competition. Copyright 2024 JCN Newswire via SeaPRwire.com.
HONG KONG, Oct 28, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Film Development Council, Cultural and Creative Industries Development Agency and Hong Kong Trade Development Council (HKTDC) are jointly organising Hong Kong Films @ Tokyo 2024 at TIFFCOM on 30 October to 1 November during the Tokyo International Film Festival (TIFF).The debut Hong Kong Pavilion aims to showcase the dynamism of Hong Kong film industry, while a series of events, including seminars, a master class and the Hong Kong Night, will enable industry professionals to connect, exchange ideas and forge partnerships with international filmmakers.Sponsored by the Hong Kong Film Development Council, the Hong Kong Pavilion will bring together leading film distribution and production companies from Hong Kong, promoting the latest productions and exploring potential business opportunities. These companies, include A Really Happy Film (HK), Cappu Films, Edko Films, Emperor Motion Pictures, Golden Scene, MakerVille, Media Entertainment, Entertaining Power, Media Asia, mm2 Hong Kong, HKIFF Industry and Metason.Two public seminars will be held for industry professionals and film enthusiasts to share insights. Producer Stanley Kwan, Director Daishi Matsunaga and screenwriter Jun Li of All the Things We Have Done Wrong will engage in a discussion with 38.83 producer Shunsuke Koga and director-screenwriter Vincci Cheuk to share their insights and challenges in co-production. These two Hong Kong-Japanese co-productions have received accolades from the Hong Kong-Asian Film Collaboration Funding Scheme, which aims to facilitate exchange and mutual learning through film collaboration.In another seminar, "Martial Arts on the Silver Screen: Past, Present, and Future", two renowned martial arts masters Sammo Hung from Hong Kong and Kurata Yasuaki from Japan, together with renowned Japanese choreographer and director Tanigaki Kenji will delve into the evolution of martial arts cinema. They will also explore how innovative technology complement traditional martial arts in modern action films, unlocking more creative possibilities.Mr Hung will also give a master class, during which he will share his decades-long experiences and journey as an actor, action choreographer and director.Hong Kong films are enjoying a strong presence at TIFF. Papa, directed by Philip Yung and starring Sean Lau and Jo Koo, has been shortlisted for Competition and will have its world premiere during the Festival.Other notable selections from Hong Kong include The Last Dance, directed by Anselm Chan, which explores the issues of life and death, co-starring two generations of film comedians Dayo Wong and Michael Hui. The film has been selected for the World Focus section.Montages of a Modern Motherhood, directed, written and produced by Oliver Chan Siu-kuen, which has been selected for the Women’s Empowerment section. The film, starring Hedwig Tam and Lo Chun Yip, tells the story of modern challenges of motherhood.Competing in the Asian Future section, Valley of the Shadow of Death is a feature film directed by emerging directors Jeffrey Lam Sen and Antonio Tam, starring Anthony Perry Wong, Louisa So and George Au.Action film Twilight of the Warriors: Walled In, directed by Soi Cheang and starring Louis Koo, Sammo Hung and Raymond Lam, which has garnered attention at multiple international film festivals, has been selected for the Gala Selection section. Leading Hong Kong actor Tony Leung will serve as Jury President of the International Competition at TIFF. Other jury members include renowned Hong Kong filmmaker Johnnie To, alongside filmmakers and actors from around the world.You can view exhibitor and event details at https://hkservices.hktdc.com/tc/s/Tokyo-International-Film-Festival-1024-TIFFCOMPhoto Download:https://bit.ly/40gK1n2“Montages of a Modern Motherhood” movie poster“Papa” movie poster“The Last Dance” movie poster“Twilight of the Warriors: Walled In” movie poster“Valley of the Shadow of Death” movie posterMedia enquiriesFor enquiries, please contact HKTDC Communication and Public Affairs Department:Johnny Tsui Tel: (852) 2584 4395 Email:johnny.cy.tsui@hktdc.orgHKTDC Newsroom:http://mediaroom.hktdc.com/enAbout the 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 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. Hong Kong Film Development CouncilThe Hong Kong Film Development Council (FDC) was established on 15 April 2007. The main role of FDC is to advise the Secretary for Culture, Sports and Tourism on the policy, strategy and institutional arrangement for the promotion and development of the film industry, as well as the use and allocation of public funds to support the industry.https://www.fdc.gov.hkCultural and Creative Industries Development AgencyThe Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.www.ccidahk.gov.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
Highlights:Three (3) drill holes with strong analytical results from the summer drill campaign are reported herein and highlights include:CS-24-021: Widest interval at 347.1 metres ("m") at 1.35% Li 2 O, including seven (7) higher-grade sub-intervals, including 30 m at 1.76% Li 2 O.CS-24-017: Widest interval at 71.8 m at 1.01% Li 2 O, including 13.3 m at 1.77% Li 2 O.CS-24-019: Widest interval at 56.8 m at 1.06% Li 2 O, including 9.1 m at 1.80% Li 2 O.Core assay results for three (3) drill holes remain to be reported.Vancouver, BC, Oct 28, 2024 - (ACN Newswire via SeaPRwire.com) - Q2 Metals Corp. (TSX.V:QTWO)(OTCQB:QUEXF)(FSE:458) (" Q2 " or the " Company ") is pleased to report the core assay results on drill holes CS-24-017, 019 and 021 from the 2024 drill campaign at the Cisco Lithium Property (the " Property " or the " Cisco Property ") located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. All drill holes intersected pegmatite with visual indications of spodumene mineralization identified."The results for drill hole 21 have been widely anticipated and it has delivered," said Alicia Milne, President and Chief Executive Officer of Q2 Metals. "We still have three more drill holes to report and are in the process of planning an accelerated exploration program in 2025 to understand the true potential at the Cisco Lithium Property."" The results of the continuous, greater than 300 metres interval, has been yet another piece of validation to the story of Cisco, " said Neil McCallum, Vice President Exploration of the Company. "W e've drilled some world-class intervals already, but the development of Cisco is still in its infancy and we look forward to continuing our understanding of the project through further drilling in 2025."The analytical results reported herein represent 1,431.1 m of drilling over three (3) holes during the summer drill campaign; with analytical results remaining to be reported on three (3) additional drill holes that were completed (drill holes CS-24-020, 022 and 023).Complete highlighted intervals from holes CS-24-017, 019 and 021 are summarized in Table 1 and represented in Figure 1, with two cross sections in Figures 2 and 3.Figure 1. Map of Recent Drill Holes with Analytical Results at Cisco PropertyDrill holes CS-24-017 and 019 targeted the western portions of the wide mineralized zone. The results reveal several separate mineralized intervals including the widest interval of 71.8 m at 1.01% Li 2 O, including 13.3 m at 1.77% Li 2 O in CS-24-017and 56.8 m at 1.06% Li 2 O, including 9.1 m at 1.80% Li 2 O in CS-24-019 .Drill hole CS-24-021 (Hole 21) targeted the central portions of the wide mineralized zone with results of 347.1 m at 1.35% Li 2 O, including seven (7) higher-grade sub-intervals, including 30 m at 1.76% Li 2 O. Hole 21 is located approximately 200 m north of hole CS-24-018 which assays reported a 215.6 m interval at 1.69% Li 2 O, including 64.6 m at 2.29% Li 2 O. Hole 21 is also located south of hole CS-24-010 which assays reported a 120.3 m interval of 1.72% Li 2 O.Figure 2. Cross Section A (looking northeast)Figure 3. Cross Section B (looking northeast)Table 1. Summary of Analytical Results of Drill Holes at Cisco PropertyAll intervals of greater than 2 m of core-length are included in the table. Internal dilution of non-pegmatite material was limited to intervals of less than 5 m. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole. Drill hole collar information has been previously reported for each drill hole reported herein and is also available at: https://www.q2metals.com/property/cisco-lithium-property/.Due to the Quality Assurance/Quality Control (QA/QC) protocols in place by both the Company and the analytical laboratory (SGS Canada), drill hole CS-24-020, and the uppermost pegmatite interval of drill hole CS-24-021 were re-submitted for testing. Results will be reported when received and reviewed by the Company.About the Cisco PropertyThe Cisco Property is comprised of 222 mineral claims and is 11,374 hectares in size. It is located less than 10 kilometres ("km") east of the Billy Diamond Highway, and is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay. The Property lies within the greater Nemaska Community lands of the Eeyou Istchee Territory, James Bay, Quebec.The Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.Sampling, Analytical Methods and QA/QC ProtocolsAll drill core samples were shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The reported Li grade was reported by SGS Canada as lithium oxide (Li 2 O). Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness.A Quality Assurance / Quality Control (QA/QC) protocol following industry best practices was incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials (CRMs) into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work.Qualified PersonNeil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.Marketing EngagementThe Company announces that it has engaged Resource Stock Digest ("RSD"), for an advertising and marketing program, consisting of report creation and dissemination, commencing on November 1, 2024, for a total cost of USD$20,000 payable prior to commencement of the campaign. The engagement is expected to be in place for the later of (a) one month and, (b) the exhaustion of the USD$20,000 fee. RSD and the Company deal with each other at arm's length. RSD is owned and operated by Gerardo Del Real and Nick Hodge.About Q2 Metals CorpQ2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.The Cisco Lithium Property is located approximately 150 km north of Matagami, Que., and comprises 222 mineral claims and is 11,374 ha in size. The property has district-scale potential with an already identified mineralized zone and a discovery drill result that included 120.3 metres at 1.72% Li 2 O (hole CS-23-010).FOR FURTHER INFORMATION, PLEASE CONTACT:Alicia MilnePresident & CEOAlicia@Q2metals.comJason McBrideCorporate CommunicationsJason@Q2metals.comTelephone: 1 (800) 482-7560E-mail: info@Q2metals.comWWW.Q2Metals.comFollow the Company: Twitter, LinkedIn, Facebook, and InstagramForward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedarplus.ca.Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: Q2 Metals Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.
SINGAPORE, Oct 28, 2024 - (ACN Newswire via SeaPRwire.com) - AlphaInvest Holdings, a leading regional financial media technology provider, today announced the launch of its redesigned market data platform, ShareInvestor.com, to deliver a more intuitive, interactive and insightful user experience for investors.The new ShareInvestor.com delivers an enhanced look and feel for seamless navigationThe new ShareInvestor.com represents a leap forward for the Group’s market data business amidst evolving user trends, its key features include:Enhanced look and feel for seamless navigationImproved watchlist functionality for easy trackingComprehensive portfolio feature with analyticsAdvanced data visualisations for easy analysisOptimised viewing across all devicesMr Lim Dau Hee, Chief Operating Officer of AlphaInvest, said, “These enhancements are the culmination of many months of development and beta testing, backed by decades of experience in market data tools. The way people are consuming data has changed, with content more readily understood through visualisation instead of just words.”“Our in-house technology capabilities enable us to deliver unique value-added features such as our volume distribution charts, fundamental data and quote movements, setting us apart from other service providers to empower investors with deeper insights.”The launch of the new ShareInvestor.com platform coincides with AlphaInvest’s 25th Anniversary and marks a new chapter in its ongoing mission to empower investors by providing them with trusted products and services for informed investment decision-making.Mr Christopher Lee, Chief Executive Officer of AlphaInvest, said, “The revamp of ShareInvestor.com reflects our continued commitment to provide all our subscribers with the best possible experience and sets a strong foundation for us to introduce new enhancements in the future, including A.I. assisted functionalities.”“The new ShareInvestor.com is one of many milestones in our growth roadmap as we continue to develop and launch new innovative products to empower investors and expand our reach into ASEAN and Greater China.”Since its founding in 1999, AlphaInvest has expanded beyond its market data business to establish itself as a leader in investor relations and investor education across the region. The Group operates the largest investor relations network in the region, with a portfolio of more than 700 public listed companies and a reach of over 300,000 people across its platforms.For media enquiries, please contact:Waterbrooks ConsultantsWayne Koo, Managing DirectorEmail: wayne.koo@waterbrooks.com.sgPhone: +65 9338 8166About AlphaInvest>120Employees across SG, MY, TH ID>700Public-Listed Companies>300,000Audience Reach across platformsAlphaInvest Holdings is a leading regional financial services, media and technology company. Founded in 1999 to empower investors, AlphaInvest provides trusted products and services for informed investment decision-making. Its core areas of business span investor relations, market data tools and investor education.AlphaInvest operates the largest investor relations network in the region, providing online IR services to more than 700 public-listed companies across Singapore, Malaysia, Thailand and Indonesia. Its market leading investor platforms, including digital publications Investor-One, Inve$t and social platform InvestingNote, reach over 300,000 people.For more information, please visit www.alphainvestholdings.com Copyright 2024 ACN Newswire via SeaPRwire.com.
TOKYO, Oct 28, 2024 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701), a leader in the integration of IT and network technologies, is joining forces with Cisco to deliver a new private 5G network solution to their customers. Architecture that includes Cisco 5G SA Core and a Cloud Control Centre together with the validated radio network and systems integration services provided by NEC makes the solution ready for a go to market stage.Cisco expertise in core networks and NEC experience and knowledge in wireless networks will be the key not only to implement but to maintaining and supporting private 5G networks for enterprise customers directly or by collaborating with service providers globally, starting from Europe and the Middle East.A demonstration facility and lab at NEC enable customers to prove the end-to-end solution and validate multiple use cases for supporting the digital transformation of customers’ business operations in industries such as logistics, warehousing, event venues and airport management and operation."The needs for modernized architecture in 5G have steadily enhanced our partnership with Cisco, leading us to this next level," said Hideyuki Ogata, Senior Executive Professional, Global Network Division, NEC. "The industry-leading solutions from Cisco and our ecosystem partners, combined with our world-class network integration capabilities, enable us to deliver compelling solutions to multiple operators and verticals across the world.""Our collaboration with NEC leverages our combined strengths to bring cutting-edge private 5G solutions to enterprises worldwide," said Masum Mir, Senior Vice President and General Manager, Provider Mobility, Cisco. "Together with NEC, we are creating a powerful force to drive digital transformation and innovation across multiple sectors, and support the critical changes needed in networking infrastructure to carry the internet into the next decade."Private 5GPrivate 5G networks involve the deployment of 5G infrastructure (antennas, base stations, etc.) dedicated to serving the connectivity needs of a specific enterprise or entity. This technology allows organizations to customize their network according to their specific requirements, optimizing performance and security.5G technology inherently offers lower latency, enabling real-time communication crucial for applications such as the Industrial Internet of Things and automation. Private 5G networks can handle a large number of connected devices and provide high data transfer speeds.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com/ and www.nec.com/en/global/solutions/5g/index.html. Copyright 2024 JCN Newswire via SeaPRwire.com.
TOKYO, Oct 28, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a turnkey contract from Star Energy Geothermal Darajat II, Limited (SEG), a geothermal power producer in Indonesia, for the retrofit of Unit 3 at its Darajat Geothermal Power Plant in Java. Mitsubishi Power will upgrade the steam turbine and related equipment, with work scheduled to be completed in the fall of 2026. The introduction of a highly efficient and reliable steam turbine for this project will provide a stable supply of electricity, while also contributing to reduced CO2 emissions and a greater renewable energy ratio for the country.Darajat Geothermal Power PlantMHI's Nagasaki Shipyard & Machinery Works in Nagasaki will handle design, manufacturing, and installation support for this project. PT. Mitsubishi Power Indonesia, will provide support for long-term stable operation following the on-site installation and retrofit work. Mitsubishi Power received this contract on a turn-key basis from SEG in recognition of Mitsubishi Power's exceptional steam turbine technologies that enable increased output by updating certain parts of the facility, and its high level of skill in carrying out on-site installation work.The geothermal power plant to be retrofitted is located in Garut, West Java, about 200 kilometers southeast of the capital Jakarta. Mitsubishi Power provided a steam turbine for the plant in 2007. This retrofit will increase the power output from the rated 121 megawatts (MW) to 129 MW.Commenting on the agreement, Kazuhiro Yoshida, President of PT. Mitsubishi Power Indonesia, said: "Indonesia has the second-largest geothermal power generation capacity in the world. We have provided a total of six units for geothermal power plants in the country, with total output amounting to approximately 400 MW. In addition, we are currently involved in the construction of an additional unit. Through geothermal power generation and other clean energy technologies, MHI will contribute to achieving the Indonesian government's goal of carbon neutrality by 2060."SEG is the core company in PT Barito Renewables Energy Tbk (BREN) Group, the principal renewable energy operator in Indonesia and one of the largest firms in Indonesia by market capitalization. Hendra Soetjipto Tan, CEO of both BREN and SEG, said regarding the project: "Amid rising electricity demand in Indonesia, there is also greater pressure from consumers for electricity derived from renewable energy. Through this project, we will contribute to both Indonesia's economic development and cleaner energy."Going forward, MHI Group will make further efforts to support the widespread adoption of high-performance and highly reliable technologies, while also contributing to the stable supply of electricity essential for economic development around the world, and the preservation of the global environment by promoting the decarbonization of energy.At the Signing CeremonyAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
KUALA LUMPUR, Oct 28, 2024 - (ACN Newswire via SeaPRwire.com) - The highest achievements of the real estate industry were celebrated today at the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty, held at The St. Regis Kuala Lumpur.The 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty, held on October 25 at The St. Regis Kuala Lumpur, celebrated the highest achievements in the real estate industry. This year, awards were given across 58 categories, highlighting excellence in development, design, and ESG. Supported by leading property portals PropertyGuru.com.my and iProperty.com.my, the event brought together experts and consumers to raise industry standards.This year’s ceremony distinguished stellar companies across 58 categories, exemplifying excellence in development, design, and ESG. With support from Malaysia’s leading property portals, PropertyGuru.com.my and iProperty.com.my, experts and thought leaders joined consumers to set new benchmarks and raise the standards of the property sector.AME Development Sdn Bhd, Best Developer (Malaysia) WinnerIn a first, AME Development Sdn Bhd triumphed with the biggest title of the year, Best Developer (Malaysia), as well as the prestigious titles of Best Industrial Developer and Best Sustainable Developer.Malton Berhad was recognised as Best Developer (Central Malaysia), with wins for the projects Bukit Jalil City and The Park 2 Pavilion Bukit Jalil. Meanwhile, Berinda Group received the Best Developer (Southern Malaysia) title, buoyed by award-winning project Ponderosa Callista.GSH Corporation Limited was celebrated as Best Luxury Developer, alongside award-winning project Coral Bay @ Sutera, while Astaka Padu Sdn Bhd was honoured as Best Lifestyle Developer with a win for Aliva Mount Austin. Matrix Concepts Holdings Berhad won Best Community Developer, plus golden statuettes for the projects Bayu Sutera, Bandar Sri Sendayan and Resort Villa, Bandar Sri Sendayan.The inaugural ESG Developer Awards were presented to Iskandar Investment Berhad as Low Carbon Champion and Tanah Sutera Development Sdn. Bhd. as Social Impact Champion, a title it shares with Iskandar Investment Berhad. Lendlease & TRX City Sdn Bhd jointly garnered the title of Sustainable Design Champion, in addition to the prestigious Best High-Rise Development (Malaysia) accolade for the multi-awarded project TRX Residences.Sime Darby Property Berhad was another Best of Malaysia winner, earning the Best Landed Development (Malaysia) title for its award-winning project, The Residences III at The Glades. The company also amassed golden statuettes for the projects Hype Residences; Serenia City; Serenia Industrial Park; The Serenade at The Glades; and Triara Residences.Quayside JBCC by Bangsar Heights Pavilion was named Best Designed Development (Malaysia) in one of four golden statuettes for the project. Horizon Hills by Horizon Hills Development Sdn Bhd was named Best Township Development (Malaysia) while The MET Corporate Towers by Triterra Sdn Bhd won Best Commercial Development (Malaysia).Residents of Malaysia voted for the nation’s top 10 companies with the People’s Choice Awards. This year’s accolades went to, in alphabetical order, Armani Group; Gunung Impian Development Sdn Bhd; Mah Sing Group Berhad; Malton Berhad; Matrix Concepts Holdings Berhad; Perbadanan Kemajuan Negeri Selangor (PKNS); Sime Darby Property Berhad; Teladan Group Berhad; Tropicana Corporation Berhad; and UDA Holdings Berhad.As the official balloting partner of the People’s Choice Awards, HLB Ler Lum Chew – HLB Malaysia, part of the “2024 Network of the Year” winner HLB International, independently verified the results of the vote.Other winning companies this year include Casa Bayu Idaman Sdn Bhd; City Motors Group; Coronade Properties Sdn Bhd; Eden at Botanica CT Sdn Bhd; Eupe Corporation Berhad; JLand Group Sdn Bhd; Joland Group; KCC Development (M) Sdn Bhd; R&F Development Sdn Bhd; Radium Development Berhad; Teladan Group Berhad; and WCT Green Sdn Bhd.Dato' Tengku Ab. Aziz Tengku Mahmud, CEO of PNB Merdeka Ventures, accepted the golden statuette for Malaysia Real Estate Personality of the Year from the editorial team of Property Report by PropertyGuru, the official magazine, with PropertyGuru Group's Managing Director, Data and Software Solutions, Shyn Yee Ho-Strangas Dato’ Tengku Ab. Aziz Tengku Mahmud, CEO of PNB Merdeka Ventures, accepted the golden statuette for Malaysia Real Estate Personality of the Year from the editorial team of Property Report by PropertyGuru, the official magazine.Jeremy Williams, managing director, Marketplaces, PropertyGuru Group, said: “Malaysia’s finest developers have introduced communities and projects that champion environmental stewardship, spur economic growth, and promote property ownership opportunities across diverse market segments. From mega townships to mixed-use developments and industrial estates, this year’s awardees exemplify the cities of tomorrow—offering spaces where property seekers not only live but also work, thrive, and unlock their full potential. The achievements of this year's winning developers support a property market increasingly driven by social awareness and positive change. Overall, these accolades recognise the strategic thinking that propels Malaysian real estate towards a more sustainable and progressive future. Congratulations to the winners.”Kenneth Soh, country manager for Malaysia at PropertyGuru GroupKenneth Soh, country manager for Malaysia at PropertyGuru Group, said: “Congratulations to this year’s award recipients. Our award-winning companies have truly captured the pulse of Malaysia’s property seekers and gained the validation of experts. These successful enterprises lead the way in development and design through a broad spectrum of projects, ranging from expansive townships to affordable and high-value residential properties. By uplifting communities and making an impact on consumers and investors, the awardees have rightfully earned their elevated status on our platform.”Datuk Ar. Ezumi Harzani Ismail, chairperson of the Awards in Malaysia, said: “The achievements of this year's honourees deserve to be celebrated as they have strived to address the needs of property seekers throughout Malaysia. These outstanding companies are testing the limits of innovation in their respective fields. Whether it’s developing the cities of tomorrow or promoting homeownership with competitively priced homes, these fine developers are paving the way for a more accessible property market, facilitating a resilient economy that balances growth with social and environmental awareness. We offer our congratulations to the winners for their efforts in advancing Malaysian real estate and their contributions to the industry’s future.”The independent panel of expert judges consists of Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects (PAM) 2020-2022; Chris Tia, vice-chairperson of the Awards in Malaysia and principal and managing partner, Tia & Noordin; Adjunct Professor IDr Joe WH Chan, vice-president, The Malaysian Institute of Interior Designers (MIID) 2022-2024; Ar. Dr. Serina Hijjas, president, Malaysia Green Building Council 2023-2025; Ar. Mustapha Kamal bin Zulkarnain, founder and principal, Arkitek Mustapha Kamal; Assoc. Prof. LAr. Dr Nor Atiah Ismail, president, Institute of Landscape Architects Malaysia (ILAM); Datin TPr Hjh Noraida Saludin, president, Malaysian Institute of Planners (MIP); Dato’ Sr Lau Wai Seang, president, Royal Institution of Surveyors Malaysia (RISM): 2017-2018; Dr. Daniele Gambero, president, Malaysia Proptech Association (MPA); Ho Chin Soon, chairman, Ho Chin Soon Research; Ir. Dr. Zulhkiple A Bakar, managing director, Perunding ZAB Sdn Bhd; Ir Ashwin Thurairajah, executive director, GreenRe Sdn Bhd; Janice Chin, director, Capital Markets at JLL Appraisal & Property Services Sdn. Bhd.; PMgr Sr Low Han Hoe, registered valuer, property manager & estate agent; Sr Engad Ravana, managing director, ER Consult Sdn. Bhd.; Sr Subramaniam A/L Arumugam, president, Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS); Tan Hui Yin, partner, Tan Chap & Associates; and YBrs Sr Haji Ishak Bin Ismail, president, Malaysian Institute of Property & Facility Managers (MIPFM) 2023-2025.HLB Ler Lum Chew – HLB Malaysia supervised the judging process under the leadership of managing partner Kelvin Chew.Winners may be eligible to vie for the Best in Asia awards at the 19th PropertyGuru Asia Property Awards Grand Final on 13 December 2024 in Bangkok.Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty are made possible by official portal partners PropertyGuru.com.my and iProperty.com.my; official ESG knowledge partners GreenRE and Malaysia Green Building Council; official magazine Property Report by PropertyGuru; media partners Kopi & Property, Marketing In Asia, Niaga Times, Penang Property Talk, The Grid Asia, The Malaysia Voice, and Top 10 Malaysia; supporting partner REHDA Institute; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.COMPLETE LIST OF WINNERS11th PropertyGuru Asia Awards Malaysia in partnership with iPropertyDEVELOPER AWARDSBest Developer (Malaysia)WINNER: AME Development Sdn BhdBest Developer (Central Malaysia)WINNER: Malton BerhadBest Developer (Southern Malaysia)WINNER: Berinda GroupBest Luxury DeveloperWINNER: GSH Corporation LimitedBest Industrial DeveloperWINNER: AME Development Sdn BhdBest Sustainable DeveloperWINNER: AME Development Sdn BhdBest Lifestyle DeveloperWINNER: Astaka Padu Sdn BhdBest Community DeveloperWINNER: Matrix Concepts Holdings BerhadTHE ESG DEVELOPER AWARDSLow Carbon ChampionWINNER: Iskandar Investment BerhadSocial Impact ChampionWINNER: Tanah Sutera Development Sdn. Bhd.WINNER: Iskandar Investment BerhadSustainable Design ChampionWINNER: Lendlease & TRX City Sdn BhdDEVELOPMENT AWARDSBest Mega Township DevelopmentWINNER: Serenia City by Sime Darby Property BerhadBest Township Development (Central)WINNER: Bukit Jalil City by Malton BerhadBest Township Development (Southern)WINNER: Horizon Hills by Horizon Hills Development Sdn BhdBest Mixed Use DevelopmentWINNER: Quayside JBCC by Bangsar Heights PavilionBest Integrated DevelopmentWINNER: Coronation Square by Coronade Properties Sdn BhdBest Luxury High-Rise Development (Central)WINNER: TRX Residences by Lendlease & TRX City Sdn BhdBest Luxury High-Rise Development (Southern)WINNER: R&F Princess Cove Phase 2 - Seine Region by R&F Development Sdn BhdBest Completed High-Rise DevelopmentWINNER: The Park 2 Pavilion Bukit Jalil by Malton BerhadBest High End High-Rise Development (Southern)WINNER: Adison by WCT Green Sdn BhdBest Branded Residential DevelopmentWINNER: Quayside JBCC by Bangsar Heights PavilionBest Premium Lifestyle High-Rise DevelopmentWINNER: Aliva Mount Austin by Astaka Padu Sdn BhdBest Investment High-Rise DevelopmentWINNER: Paragon Gateway by Joland GroupBest Mid End High-Rise Development (Central)WINNER: Helix2 @ PJ South by Eupe Corporation BerhadBest Eco Friendly High-Rise DevelopmentWINNER: Alfa Bangsar by City Motors GroupBest Waterfront High-Rise DevelopmentWINNER: Coral Bay @ Sutera by GSH Corporation LimitedBest Secure High-Rise DevelopmentWINNER: The Serenade at The Glades by Sime Darby Property BerhadBest Multigenerational Living High-Rise DevelopmentWINNER: Radium Adesa by Radium Development BerhadBest Lifestyle High-Rise DevelopmentWINNER: Triara Residences by Sime Darby Property BerhadBest Connectivity High-Rise DevelopmentWINNER: Hype Residences by Sime Darby Property BerhadBest Smart Home Landed DevelopmentWINNER: Sanubari @ Bandar Dato Onn by JLand Group Sdn BhdBest High End Landed Development (Central)WINNER: Resort Villa, Bandar Sri Sendayan by Matrix Concepts Holdings BerhadBest High End Landed Development (Southern)WINNER: Sutera Garden Village by Tanah Sutera Development Sdn. Bhd.Best Value Mid-Rise DevelopmentWINNER: The Senai Garden by KCC Development (M) Sdn BhdBest Value Landed DevelopmentWINNER: St Marco Park by Casa Bayu Idaman Sdn BhdBest Investment Landed DevelopmentWINNER: Iconia Garden Residence by Gunung Impian Development Sdn BhdBest Multigenerational Living Landed DevelopmentWINNER: The Residences III at The Glades by Sime Darby Property BerhadBest Lifestyle Landed DevelopmentWINNER: Bayu Sutera, Bandar Sri Sendayan by Matrix Concepts Holdings BerhadBest Mass Market Landed Development (Central)WINNER: Avisa Residences, Tropicana Alam by Tropicana Corporation BerhadBest Mass Market Landed Development (Southern)WINNER: Taman Bertam Heights by Teladan Group BerhadBest Mass Market Landed Development (Northern)WINNER: Villa Natura by Eupe Corporation BerhadBest Senior Living DevelopmentWINNER: Eden at Botanica CT by Eden at Botanica CT Sdn BhdBest Industrial Development WINNER: Serenia Industrial Park by Sime Darby Property BerhadBest Office Development WINNER: The MET Corporate Towers by Triterra Sdn BhdDESIGN AWARDSBest Township Masterplan DesignWINNER: Medini Innopolis by Iskandar Investment BerhadBest Mixed Use Architectural DesignWINNER: Quayside JBCC by Bangsar Heights PavilionBest High-Rise Architectural DesignWINNER: TRX Residences by Lendlease & TRX City Sdn BhdBest Landed Architectural DesignWINNER: Ponderosa Callista by Berinda GroupBest Landed Interior DesignWINNER: Ixora by Perbadanan Kemajuan Negeri Selangor (PKNS)Best Landed Landscape DesignWINNER: Ixora by Perbadanan Kemajuan Negeri Selangor (PKNS)Best Clubhouse DesignWINNER: Sutera Garden Village by Tanah Sutera Development Sdn. Bhd.BEST OF MALAYSIA AWARDSBest Township Development (Malaysia)WINNER: Horizon Hills by Horizon Hills Development Sdn BhdBest High-Rise Development (Malaysia)WINNER: TRX Residences by Lendlease & TRX City Sdn BhdBest Landed Development (Malaysia)WINNER: The Residences III at The Glades by Sime Darby Property BerhadBest Commercial Development (Malaysia)WINNER: The MET Corporate Towers by Triterra Sdn BhdBest Designed Development (Malaysia)WINNER: Quayside JBCC by Bangsar Heights PavilionPEOPLE'S CHOICE AWARDSWINNER: Armani GroupWINNER: Gunung Impian Development Sdn BhdWINNER: Mah Sing Group BerhadWINNER: Malton BerhadWINNER: Matrix Concepts Holdings BerhadWINNER: Perbadanan Kemajuan Negeri Selangor (PKNS)WINNER: Sime Darby Property BerhadWINNER: Teladan Group BerhadWINNER: Tropicana Corporation BerhadWINNER: UDA Holdings BerhadPUBLISHER’S CHOICE Malaysia Real Estate Personality of the Year WINNER: Dato’ Tengku Ab. Aziz Tengku Mahmud, CEO of PNB Merdeka VenturesABOUT PROPERTYGURU 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 LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based 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:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.comSales & Nominations:June Fong, Director of Awards and Events (Malaysia)M: +6019-319 0127E: june.fong@iproperty.com.my Copyright 2024 ACN Newswire via SeaPRwire.com.
Key Highlights:Overall hiring activity in Singapore shows 7% month-on-month increase despite 5% annual dipEducation sector leads industry growth with 4% month-on-month increase in September '24Marketing & Communications roles witness highest demand with 44% annual growth and 30% month-on-month increasePurchase/Logistics/Supply Chain roles experience 29% month-on-month increaseBFSI sector faces challenges with 2% month-on-month decrease in hiring activitySINGAPORE, Oct 28, 2024 - (ACN Newswire via SeaPRwire.com) - foundit (formerly Monster APAC & ME), one of Asia’s leading jobs and talent platforms, today published the foundit Insights Tracker (fit) Singapore for September 2024. The Singapore fit report highlights growth in the Education sector and a surge in demand for Marketing & Communications professionals.The tracker reveals an overall year-on-year (YoY) decline of 5% in hiring activity across sectors, as the index dropped from 116 in September 2023 to 110 in September 2024. However, a month-on-month (MoM) analysis indicates a notable 7% surge, with an index of 103 recorded in August 2024.Commenting on Singapore's job trends for September 2024, Sekhar Garisa, CEO, foundit, said, "The September 2024 foundit Insights Tracker reveals significant shifts in Singapore's job market. Despite a yearly decline, the recent month-on-month growth is a promising sign of recovery. As businesses adapt to changing market conditions, hiring priorities are evolving. Marketing roles are becoming increasingly important as companies focus on data-driven strategies and personalised customer experiences to boost brand engagement and drive growth."Education sector leads industry growth, while Retail/Trade and Logistics and Import/Export sectors show improvementsThe Education sector has emerged as the frontrunner in e-recruitment activity among all monitored industries, showing a 4% MoM growth in September 2024. This growth is fueled by investments from both the government and private sector.Following the Education sector, the Retail/Trade and Logistics sector and the Import/Export sector both showed positive trends with a 3% MoM growth each in September 2024.Several sectors face challenges with declining or stagnant hiring trendsWhile some sectors showed growth, others faced challenges in the job market. The BFSI sector experienced a sequential decline in demand, registering a 2% MoM drop and ranking lowest in hiring activity.The Advertising, Market Research, Public Relations, Media, and Entertainment sector saw a marginal decrease of 1% MoM, following a period of higher recruitment activity last month.Several sectors remained stagnant in their hiring activities. The Shipping/Marine, Consumer Goods/FMCG, Engineering, Construction, Real Estate, and Oil and Gas sectors showed no change (0% MoM growth) in their hiring patterns.Marketing & Communications leads growth in functional rolesIn terms of functional roles, Marketing & Communications professionals witnessed the highest demand in September 2024, with a remarkable 44% YoY growth and a 30% MoM increase. This trend is attributed to the changing marketing dynamics and a strong focus on omnichannel strategies, significantly boosting demand for roles in content management.Purchase/Logistics/Supply Chain roles also showed strong growth, recording a 29% MoM increase. Finance & Accounts roles saw an 11% MoM increase, while Legal roles continued their positive trend with a 9% MoM growth.However, Sales & Business Development roles saw a significant decline of 13% on a month-on-month basis. This shift is observed in most sectors as businesses are increasingly investing in digital marketing, reducing the need for traditional sales roles.Software, Hardware, and Telecom roles, along with Healthcare roles, have also seen significant decreases in hiring demand, both on a monthly and annual basis, positioning these functions at the bottom of the hiring index.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.
KUALA LUMPUR, Oct 28, 2024 - (ACN Newswire via SeaPRwire.com) - BlackBerry Limited today announced that its Cybersecurity division has established its regional headquarters for the Asia Pacific region in Malaysia. Already fully operational, the office is based in the Cyberjaya area of Kuala Lumpur, taking advantage of the proximity to key emerging technology hubs and government infrastructure.In another milestone for the company, the new headquarters and regional expansion in APAC signals BlackBerry's ongoing commitment to the Government of Malaysia, following a landmark cybersecurity deal it announced in November 2023. BlackBerry worked with the Malaysian Communications and Multimedia Commission (MCMC) to establish the Cybersecurity Center of Excellence, a world-class training facility to help upskill the nation's workforce.Malaysia's Minister of Communications, Fahmi Fadzil, said, "I welcome the decision to set up this regional headquarters in Kuala Lumpur. This will not only benefit Malaysia but will enable the region to take advantage of the cutting-edge cybersecurity solutions offered by BlackBerry."Tash Stamatelos, Vice President of BlackBerry Cybersecurity in APAC added, "Malaysia is a strategically important market for BlackBerry, and we are proud to establish our new APAC headquarters in Kuala Lumpur as part of our regional expansion plans. As the nation becomes Chair of ASEAN in 2024, we commend Malaysia's efforts in advancing digital transformation and regional cooperation in areas like cybersecurity, and ongoing investment in skills, innovation and infrastructure to advance its economy. This is building a trusted ecosystem that is attractive for global companies like BlackBerry to invest and operate in, and we are excited about our journey ahead with Malaysia as our regional APAC hub."The team based at the BlackBerry Office at the Malaysia CCoE includes sales, marketing, threat research, technical support, professional services, administration and management and several skilled cybersecurity trainers, poised to support cyber-defenders from Malaysia and the region. With 2025 designated as the Year of Skills by Malaysia, prioritizing the development of a highly skilled, future-ready workforce is rightly a major focus for the country.Recently, BlackBerry was awarded the Cyber Security (Service) Innovation accolade at Malaysia's Cyber Security Awards 2024 on August 8,, in recognition of its commitment to building capacity and skills, boosting cyber-resilience and supporting Malaysia's journey to becoming a secure digital nation.For more information about BlackBerry, please visit www.blackberry.com. To learn about the Cybersecurity Center of Excellence, please visit here.About BlackBerryBlackBerry (NYSE:BB)(TSX:BB) provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 255M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.BlackBerry. Intelligent Security. Everywhere.For more information, visit BlackBerry.com and follow @BlackBerry.Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.Media Contacts:BlackBerry Media Relations+1 (519) 597-7273mediarelations@BlackBerry.comSOURCE: BlackBerry Copyright 2024 ACN Newswire via SeaPRwire.com.
- Octopus Distribution Networks is one of the leading integrated beverage solutions group in Singapore, providing brand management, import, export, distribution, logistics and warehousing of alcoholic and non-alcoholic beverages and liquor in Singapore- Accretive acquisition that is synergistic to the Group’s business model and expected to yield significant opportunities and additional financial benefits- Bringing a wealth of expertise and talent that enhances the Group’s leadership and experience in the F&B industry- The Group recently completed a rights issue that was oversubscribed with net proceeds of S$8.4 million raised for future expansion and working capitalOn the left: Independent and Non-Executive Chairman of GS Holdings Limited, Mr Irwin LimOn the right: Founder and Chairman of Octopus Distribution Networks Pte. Ltd., Dato Elaine TehSINGAPORE, Oct 28, 2024 - (ACN Newswire via SeaPRwire.com) - GS Holdings Limited (“GS Holdings” or the “Company” and together with its subsidiaries, the “Group”), is pleased to announce that the Group has signed a binding agreement to acquire Octopus Distribution Networks Pte. Ltd. (“Octopus Distribution Networks”), a Singapore-based integrated beverage solutions group, for a purchase consideration of S$11.8 million.GS Holdings’ Independent and Non-Executive Chairman, Mr Irwin Lim Kee Way, said, “We are pleased to announce the acquisition of Octopus Distribution Networks, which provides the Group with immediate access to new customer base and operating scale within the beverage sector in Singapore’s F&B industry.Led by Dato’ Elaine Teh, the team at Octopus Distribution Networks has built an exceptional business enterprise that is dedicated to operational excellence and customers satisfaction for over 13 years.With fully in-place infrastructure, including personnel and distribution networks, Octopus Distribution Networks has differentiated itself with unique value propositions and a strong base of customers, and we believe that there are significant opportunities for growth in existing and new markets. I trust this next step in our journey together will be incredibly positive for the Group.”Octopus Distribution Networks’ Founder and Chairman, Dato’ Elaine Teh, added, “Today’s announcement marks a major step forward in our growth ambitions within the region’s F&B industry.With the combined expertise, experience and resources, we will continue to build strong relationships with our customers and delivering value that consistently exceed expectations.Together with GS Holdings, we are excited about accelerating the growth of our businesses and delivering results for years to come.”Accretive acquisition that is synergistic to the Group’s business model and expected to yield significant opportunities and additional financial benefitsFounded in 2011 by serial entrepreneur Dato’ Elaine Teh Chooi Peng (“Dato’ Elaine Teh”), Octopus Distribution Networks has grown to become one of the leading integrated beverage solutions group in Singapore, providing a “one-stop” solutions hub, in the area of brand management, import, export, distribution, logistics and warehousing of alcoholic and non-alcoholic beverages and liquor, for both customers and beverage brand owners.For customers, Octopus Distribution Networks represents an extensive portfolio of globally recognised beverage brands with various exclusive distribution rights. Currently, Octopus Distribution Networks has a product portfolio of more than 1,500 SKUs across approximately 200 beverage brands from 50 global brand owners. Octopus Distribution Networks also provides customised services that cater to the demands of both corporate and individual clients.For beverage brand owners, Octopus Distribution Networks has become a trusted partner and a preferred beverage distributor in Singapore with a comprehensive distribution network comprising strategic distribution centres and third-party wholesalers in Singapore. With a deep understanding of the Singapore market, Octopus Distribution Networks also provides other value-added services, including market expansion strategies and customer engagement solutions, that aims to enable brand owners to quickly build brand loyalty and market share in Singapore.Bringing a wealth of expertise and talent that enhances the Group’s leadership and experience in the F&B industryUnder the acquisition agreement, Dato’ Elaine Teh will become a controlling shareholder of GS Holdings and it will also bring on a professional management team with 80 years of collective experience in the beverage distribution industry to the Group.Dato’ Elaine Teh is a serial entrepreneur with an accomplished business track record in various business ventures in Singapore, Malaysia and Australia.Besides her current role as Founder and Executive Chairman of Octopus Distribution Networks, Dato' Elaine Teh also holds multiple executive-level roles in various companies in different countries.She is a Non-Executive Director of ASX-listed Australian Vintage Ltd, a leading Australian wine and drinks company, where their diversity of regions, broad portfolio of global brands, production capabilities and established winemaking pedigree have resulted in its brands being recognised and available in over 40 countries. Dato' Elaine Teh is also the Founder & Executive Chairman of Etagreen Group in Malaysia, which is the owner and operator of a zero-waste biomass power plant in Perak, Malaysia, with assets of more than RM140 million.In addition to her business roles, Dato' Elaine Teh is actively involved in various business councils that nurture women entrepreneurs, promote gender diversity and inclusion, develop greater business collaborations and engagement with government agencies. Philanthropy is also something Dato' Elaine Teh holds close to her heart, and she has generously facilitated several community building causes and initiatives across Southeast Asia with her time and resources.Supporting Dato’ Elaine Teh as part her management team at Octopus Distribution Networks is Managing Director, Mr Matthew Ruscoe, who has been a trailblazer in Asia’s F&B and marketing industry for more than 12 years. With deep industry experience and strong regional network from his previous roles as the Regional Sales Director of Kerry Group and the Sales Director of Carlsberg Myanmar, Matthew undertakes a pivotal role in managing Octopus Distribution Networks’ marketing activities, supply chain operations and driving its strategic initiatives forward.None of the Directors or substantial shareholders of the Company, as well as their respective associates, has any direct or indirect interest in the transaction stated here, other than through their respective shareholdings (if any) in the Company.About GS Holdings Limited(Bloomberg Code: GSHL:SP / Reuters Code: GSHO.SI / SGX Code: 43A)GS Holdings Limited (“GS Holdings”) was incorporated in Singapore on 19 September 2014 and listed on Catalist on 18 January 2016.With an aim to diversify its business model and create additional streams of income, GS Holdings has expanded into various business ventures in the food and beverage (“F&B”) industry. To harness its growth opportunities, GS Holdings is looking to further expand its brand presence across Asia and beyond via new franchising, licensing and distribution models.For more information, please visit https://gsholdings.com.sg/.This press release is to be read in conjunction with the Company’s announcement released on 23 October 2024, which can be downloaded via www.sgx.com.Issued on behalf of GS Holdings Limited by 8PR Asia Pte Ltd.Issued on behalf of GS Holdings Limited by 8PR Asia Pte Ltd.Media & Investor Contacts: Mr. Alex TAN Mobile: +65 9451 5252Email: alex.tan@8prasia.com Copyright 2024 ACN Newswire via SeaPRwire.com.