Revenue Up 9.9% to HK$860.3 million in 1HFY2024/25 ACN Newswire

Revenue Up 9.9% to HK$860.3 million in 1HFY2024/25

09/27/2024
Mr. Wei Aiguo, Managing Director (Right),Mr. Derek Lai, Deputy Managing Director (Left)HONG KONG, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its interim results for the six months ended 31st August 2024 (“1HFY2024/25” or the “Reporting Period”).During the Reporting Period, the Group’s revenue increased by 9.9% year-on-year to HK$860.3 million. The increase was attributable to the growth in interest income, driven by various marketing programs implemented in 1HFY2024/25 that successfully sustained sales growth despite the slow economic recovery. With the cost-to-income ratio decreasing to 47.0% from 48.0% in 1HFY2023/24 due to enhanced operational efficiency, the Group recorded an operating profit before impairment losses and impairment allowances of HK$426.0 million for the Reporting Period, representing an increase of 11.7% from 1HFY2023/24. Profit after tax was HK$170.4 million (1HFY2023/24: HK$191.4 million). The decrease in profit after tax was due to the increase in impairment losses and impairment allowances as a result of the rise in credit defaults and weakened economic indicators.The Board has resolved to declare an interim dividend of 24.0HK cents per share (1HFY2023/24: 24.0 HK cents per share), representing a dividend payout ratio of 59.0%.To cope with the slower than expected economic recovery and other headwinds, the Group took timely measures during the Reporting Period to sustain the increase in both sales and receivables, while making significant efforts to enhance its risk-based pricing mechanism to maximize the return from its credit card and personal loan portfolios, and utilized an effective credit risk management mechanism to reduce the likelihood of credit impairment.The Group achieved an overall increase in sales of 10.6% in 1HFY2024/25 compared with the first half of the previous year, and the gross advances and receivables balance continued to record an increase of 3.8% from the end of February 2024.With regard to marketing, the Group utilized targeted marketing and attractive promotions to better promote the competitive edge of its carefully devised products and services to the intended customers. Meanwhile, in order to diversify its branch network and meet customers’ growing demand for face-to-face advisory services, the Group continued to revamp and expand its branch network, including the opening of the new Shatin branch in June 2024 with a dedicated insurance consultation counter.To further strengthen its technological foundation, the Group has successfully relocated its core data center to Tseung Kwan O, with its infrastructure ranked top tier in terms of uptime guarantee, fault tolerance and competitive service cost. The new data center is located in a building purposely designed to meet internationally recognized green building certification standards, demonstrating the Group’s commitment to integrating sustainability into its business operations.Looking ahead, the Group will seek receivable growth at reasonable yields while managing funding expenses to increase net interest income. Flexible marketing strategies will also be adopted to broaden the customer base and service channels, leveraging on systems to boost service quality and operational efficiency. In addition, the Group will endeavour to diversify revenue streams by cultivating fee-generating transactions and insurance intermediary businesses.As credit conditions are expected to remain challenging, the Group will closely monitor the effectiveness of credit assessment and credit management improvement, as well as achieve better maturity matching, to minimize credit and liquidity risks.Regarding digitalization of operations, the Group will continue to enhance its call center platform and provide responsive customer interaction. Data analytics tools will also be further developed to heighten the effectiveness of marketing, credit assessment and credit management activities.To enhance credit card services, the upcoming introduction of the virtual credit card functionality within the “AEON HK” mobile application will provide customers with immediate purchasing capabilities right after card-approval and activation without the need for branch visits.Besides, in response to evolving consumer preferences and payment technologies, a new credit card design will be launched on 30 September 2024 to offer customers a more convenient and premium payment experience. The redesign addresses growing demand for contactless payment and uses recycled plastics, embodying the Group’s commitment to innovation and sustainability.Mr. Wei Aiguo, Managing Director of AEON Credit, said, “Despite the uncertainties in the macroeconomic environment, we will continue to devote resources to provide exceptional consumer finance services to meet evolving customers’ needs and to expand our customer base with innovative customized products. With our strong liquidity and balance sheet, as well as proven management expertise and capabilities, we are well positioned to take advantage of the opportunities in the consumer finance market to achieve better performance in the remainder of the year.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Wing Lee Development Construction Holdings Limited Announces Proposed Listing on Main Board of The Stock Exchange of Hong Kong Limited

09/27/2024
Investment Highlights:- Our vision is to become a pioneer in the construction industry and lead the direction and standards of industry development.- Our mission is to maintain the best performance in safety, health, environment and quality in the industry.- Our goal is to consolidate our market position, expand our market share, and seize growth opportunities in Hong Kong's construction industry.- With over 18 years of extensive experience in Hong Kong's civil and electrical engineering industries, Wing Lee has participated in sizeable infrastructure projects including the Third Runway Projects at the Hong Kong International Airport, a village sewerage project at Mui Wo in respect of road and drainage works, and electrical cable engineering works for the CLP Group. The Company is the largest power cabling and civil pipeline installation subcontractor in Hong Kong in 2023.- Highly experienced management team, includes the two founders who have more than 26 and 18 years of experience in the industry, respectively, and are responsible for the overall management, formulation of business strategies and development, as well as the Company’s environmental protection and sustainable development process.- Has its own workforce and abundant machinery and equipment, providing flexibility to undertake sizable infrastructure projects, reducing the reliance on subcontractors or suppliers and maintaining its competitiveness of pricing.- Imposes a stringent quality control and high safety standard and environmental impact control.- Grasps the trends of sustainable development in Hong Kong, started deploying solar PV system business as early as in 2019.- Distributor of electric construction machinery of China Wealth Hong Kong Machine Limited, a fellow subsidiary of SANY Heavy Industry Co., Ltd* (a company listed on the Shanghai Stock Exchange) and Sany Heavy Equipment International Holdings Company Limited (a company listed on the Hong Kong Stock Exchange)- For the year ended 31 March 2024, the Company’s revenue and net profit climbed year-on-year by 45.7% and 89.6%, respectively.HONG KONG, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - Wing Lee Development Construction Holdings Limited (" Wing Lee " or " Company", together with its subsidiaries, the “Group”)), a new generation construction industry leader, announced today its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (the “HKEX”).Wing Lee plans to offer 250,000,000 Shares (subject to the over-allotment option), of which, 90% are for placing (subject to reallocation and the over-allotment option), and the remaining 10% will be for public offer (subject to reallocation), with an offer price range of HK$0.57 to HK$0.73 per Share (subject to downward offer price adjustment where the offer price will be HK$0.513 per Share). Assuming an offer price of HK$0.65 per Share, being the mid-point of the offer price range, and after deducting the underwriting fees, commissions and estimated expenses in relation to the share offer, the net proceeds from the share offer is estimated to be approximately HK$130.5 million.The public offer will commence on 27 September 2024 (Friday) and end at noon on 4 October 2024 (Friday). The allotment results will be announced no later than 8 October 2024 (Tuesday). Trading of Wing Lee’ Shares will commence on 9 October 2024 (Wednesday) under the stock code of 09639. The shares will be traded in board lots of 5,000 shares each.Alliance Capital Partners Limited is the Sole Sponsor and Overall Coordinator of the share offer, while Alliance Capital Partners Limited, China Galaxy International Securities (Hong Kong) Co., Limited, CMBC Securities Company Limited, ABCI Capital Limited, Haitong International Securities Company Limited and China Industrial Securities International Capital Limited are the Joint Bookrunners. ABCI Securities Company Limited, Cinda International Capital Limited, Phillip Securities (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited, ZMF Asset Management Limited, Gaoyu Securities Limited and Livermore Holdings Limited are the Joint Lead Managers. The Cornerstone Investors include Sany Hongkong Group Limited, Accel Group Holdings Limited and The Triplex Holdings Limited.BUSINESS OVERVIEWThe Group is an established contractor in Hong Kong engaged in civil and electrical cable engineering and solar PV system works. With over 18 years of extensive experience in Hong Kong's civil and electrical engineering industries, the Group provides comprehensive and high-quality construction services. In terms of civil engineering works, the Group specializes in site formation works and road and drainage works. For electrical cable engineering works, the Group specializes in cable trenching, laying and jointing works. For solar PV system works, the Group specializes in design, installation and maintenance works of solar PV systems.For the three financial years ended 31 March 2024, the Group completed a total of 79 projects. In terms of site formation works, the Group has participated in sizeable infrastructure projects such as the Third Runway Projects at the Hong Kong International Airport. In respect of Road and drainage works, the Group was the main contractor of a department of Hong Kong Government for a village sewerage project at Mui Wo with a contract sum of approximately HK$99.1 million. As for electrical cable engineering works, the Group was one of the subcontractors for the CLP Group, providing zonal cable trenching, laying and jointing works in the Sham Shui Po, Wong Tai Sin and Tsuen Wan zones. According to the industry report prepared by Frost & Sullivan Limited, the Group is the largest power cabling and civil pipeline installation subcontractor in Hong Kong in 2023 with the market share of approximately 13.6% based on its revenue for FY2023/24. As at 31 July 2024, the Company currently has 27 projects in progress and its value of backlog amounts to approximately HK$815.5 million.Development and StrengthsWith the Hong Kong government deploying for and investing in site formation and infrastructure projects in the proposed Northern Metropolis Development, the Hong Kong-Shenzhen Innovation and Technology Park, and the Hung Shui Kiu/Ha Tsuen New Development Area, civil engineering market demand is expected to keep growing. Wing Lee has high hopes to stand out in the fierce market competition, be able to fully grasp the huge business opportunities in the developing industry, and in turn see its business revenue grow rapidly.For combating climate change and achieving carbon neutrality, the Hong Kong government launched the Hong Kong’s Climate Action Plan 2050, setting out the vision of “Zero-carbon Emissions • Liveable City • Sustainable Development”. In addition, the Development Bureau also established the Construction Innovation and Technology Fund (CITF) to support advanced construction technologies. Always staying abreast of Hong Kong’s development trend, the Group has been actively participating in finding energy efficiency solutions for the market. As early as in 2019, it started deploying its solar PV system business.Additionally, the Group has entered into a distribution agreement with China Wealth Hong Kong Machine Limited (“China Wealth”), a fellow subsidiary of SANY Heavy Industry Co., Ltd* (a company listed on the Shanghai Stock Exchange) and Sany Heavy Equipment International Holdings Company Limited (a company listed on the Hong Kong Stock Exchange). Furthermore, the electric machinery of China Wealth, such as electric loader and electric excavator, is on the pre-approved list of the Construction Innovation and Technology Fund (CITF) under the category of advanced tools and equipment. Thus, confident in electric machinery having opportunities to develop continuously, Wing Lee will purchase, invest in and deploy more of them for use in future projects.Wing Lee consistently emphasizes safety and is committed to promoting safety practice during the implementation of our projects. Over the past three fiscal years, the Company’s accident rates was lower than the industry average in Hong Kong. Additionally, Wing Lee will respond to the Hong Kong government's adoption of Smart Site Safety System (“4S”). The System can monitor activities and identify safety hazards, collect real-time data and send them to the centralized management platform for data analysis and issuing alert, offering workers assistance and protection any time plus a full picture of the safety situation on a construction site, for a project to be implemented more efficiently.One of the advantages of Wing Lee is its own strong workforce and machinery and equipment, giving it flexibility in allocating workers and machinery and equipment to handle projects of different sizes and complexity. Meanwhile, it also reduces the Company’s reliance on subcontractors or suppliers which would maintain its competitiveness of pricing.Wing Lee’s management team has extensive project experience and industry influence in theconstruction industries in Hong Kong. Among them, Mr. Yiu Wang Lee, Chairman, CEO, Executive Director, and co-founder, has over 26 years of experience in civil and electrical cable engineering industries; Mr. Yiu Wang Lung, an executive Director and one of our founders, has over 18 years of experience; Mr. Chan Lo Man, an executive Director, is primarily responsible for the day-to-day project management and day-to-day management of the operations of the Company. Mr. Chan has been responsible for overseeing the Company’s various major projects, including the projects with the CLP Group and the Third Runway Projects of the Hong Kong International Airport, among others; Ms. Tse Ka Wing has accumulated expertise with over 17 years of finance and accounting experience. The Company's three independent non-executive directors also bring rich industry experience. The Honorable Mr. Shang Hai Long is a member of the Legislative Council of the Hong Kong Special Administrative Region and serves as an advisor to several listed companies; Mr. Fu He has over 30 years of exceptional management experience in civil engineering, and held key positions in several listed companies; Mr. Leung Wai Hung has more than 20 years of extensive experience in multiple Hong Kong listed companies, including CK Hutchison Holdings Limited (Stock Code: 001).Financial PerformanceWing Lee has achieved a solid financial performance over the past three financial years. For the three financial years ended 31 March 2024, the revenue amounted to approximately HK$520.4 million, HK$361.2 million and HK$526.1 million, respectively. The net profit amounted to approximately HK$59.1 million, HK$40.6 million and HK$76.9 million, respectively. The gross profit margin increased from approximately 18.0% for the year ended 31 March 2022 to approximately 20.9% for the year ended 31 March 2023 to approximately 23.1% for the year ended 31 March 2024, while the net profit margin increased from approximately 11.3% for the years ended 31 March 2022 and approximately 11.2% for the year ended 31 March 2023 to approximately 14.6% for the year ended 31 March 2024.Mr. Yiu Wang Lee, Chairman, CEO, Executive Director, and co-founder of Wing Lee said: “The Group is committed to operating its business in a sustainable manner, making good use of resources and providing customers with quality and reliable services. We are fully aware that achieving long-term and sustainable development goals requires not only excellent business strategies, but also active promotion of environmental and social responsibility, talent development, and community feedback. We strive to achieve a balance and win-win situation among social, environmental, and economic aspects, thereby contributing to global sustainable development.”Use of ProceedsAssuming an offer price of HK$0.65 per offer share, which is the mid-point of the indicative offer price range, the Group expects to receive net proceeds of approximately HK$130.5 million, after deducting the underwriting fees and commissions and estimated expenses payable in connection with the Offering. The Group intends to use the proceeds from the Public Offering for the purposes and in the amounts set forth below:- Acquiring additional electric machinery and equipmentHK$58.7 million45%- Paying upfront costs for new projectsHK$45.7 million35%- Recruiting new staff membersHK$6.5 million5%- Procuring 4S and an enterprise resources planning systemHK$6.5 million5%- For our general working capitalHK$13.1 million10%Financial Highlights HK$ ’000For the year ended 31 March 202220232024Revenue520,351361,207526,099Gross Profit93,61375,533121,607Profit for the Year59,05540,56576,907Gross Profit Margin18.0%20.9%23.1%Net Profit Margin11.3%11.2%14.6% About Wing Lee Development Construction Holdings LimitedThe Group is an established contractor in Hong Kong engaged in civil and electrical cable engineering and solar PV system works. With over 18 years of extensive experience in Hong Kong's civil and electrical engineering industries, the Group has participated in sizeable infrastructure projects such as the Third Runway Projects at the Hong Kong International Airport. The Group was also one of the subcontractors for the CLP Group, providing zonal cable trenching, laying and jointing works in the Sham Shui Po, Wong Tai Sin and Tsuen Wan zones. It was the main contractor of a department of Hong Kong government for a village sewerage project at Mui Wo with a contract sum of approximately HK$99.1 million. According to Frost & Sullivan Limited, Wing Lee is the largest power cabling and civil pipeline installation subcontractor in Hong Kong in 2023 with the market share of approximately 13.6% based on its revenue for FY2023/24. One of the advantages of Wing Lee is its own strong workforce and machinery and equipment, giving it flexibility in allocating workers and machinery and equipment to handle projects of different sizes and complexity.THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR TO ISSUE, OR A SOLICITATION OF ANY OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES (THE “SHARES”) OF WING LEE DEVELOPMENT CONSTRUCTION HOLDINGS LIMITED (THE “COMPANY”) IN ANY JURISDICTIONS IN WHICH SUCH OFFER, INVITATION, SUBSCRIPTION OR SOLICITATION OR SALE IS NOT PERMITTED. THIS PRESS RELEASE AND THE SHARES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS OF THE UNITED STATES, AND MAY NOT BE DISTRIBUTED OR OFFERED, SOLD OR DELIVERED, AS THE CASE MAY BE, IN THE UNITED STATES, OR TO, OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS, EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR IN ACCORDANCE WITH AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT. THE COMPANY HAS NOT AND DOES NOT INTEND TO REGISTER THE SHARES UNDER THE U.S. SECURITIES ACT OR MAKE ANY PUBLIC OFFER OF THE SHARES IN THE UNITED STATES. NO COPY OF THIS PRESS RELEASE (AND INFORMATION CONTAINED HEREIN) HAS BEEN OR SHOULD BE DISTRIBUTED OR SENT, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.THE PRICE OF THE SHARES MAY BE STABILIZED IN ACCORDANCE WITH THE SECURITIES AND FUTURES (PRICE STABILIZING) RULES (CHAPTER 571W OF THE LAWS OF HONG KONG) IN HONG KONG. THE DETAILS OF THE INTENDED STABILIZATION AND HOW IT WILL BE REGULATED UNDER THE SECURITIES AND FUTURES ORDINANCE (CHAPTER 571 OF THE LAWS OF HONG KONG) ARE CONTAINED IN THE PROSPECTUS OF THE COMPANY.THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS THAT STATE THE INTENTIONS, BELIEFS, EXPECTATIONS OR PREDICTIONS FOR THE FUTURE THAT ARE, BY THEIR NATURE, SUBJECT TO SIGNIFICANT RISKS AND UNCERTAINTIES AND THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. Copyright 2024 ACN Newswire via SeaPRwire.com.
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The Executive Centre Reaches 50,000 Members ACN Newswire

The Executive Centre Reaches 50,000 Members

09/27/2024
- TEC achieves 50,000 Members, reflecting its exceptional workspace solutions- Celebrating 30 years of innovation and excellence in the industry- TEC continues to enhance Member experiences through premium servicesHONG KONG, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - The Executive Centre (TEC), Asia’s leading premium flexible workspace provider, is proud to announce that it has signed up 50,000 Members within its global network of premium flexible workspaces, coinciding with the celebration of its 30th Anniversary. This extraordinary milestone not only marks a significant moment in the company's history but also underscores its enduring commitment to redefining the future of work.Since its inception in 1994, The Executive Centre has been at the forefront of the flexible workspace revolution, adapting to the changing dynamics of the modern workforce. The growth to 50,000 Members reflects the trust and loyalty of TEC’s diverse clientele – with 83% of its client portfolio being multinational companies (MNCs) and the balance being high-net-worth small and medium sized enterprises (SMEs) – all seeking the premium, versatile workspace solutions that TEC provides.“We are thrilled to welcome our 50,000th Member into The Executive Centre community,” said Paul Salnikow, Founder and CEO of The Executive Centre. “As we celebrate our 30th Anniversary, we remain committed to enhancing the Member experience, supporting our vibrant community, continuously growing with our Members and providing exceptional work environments that foster collaboration and innovation.”In the past three decades, The Executive Centre has grown to become one of the largest flexible workspace providers in Asia-Pacific, boasting an expansive portfolio of over 220 locations, generating USD 315 million in annual revenue, and an annual compounded growth rate of 18%.As TEC looks to the future, the company is well-positioned to maintain its leadership in the premium workspace sector. TEC is committed to delivering best-in-class services that empower Members to succeed while fostering a thriving community for innovation, connection, collaboration, and growth.About The Executive CentreThe Executive Centre (TEC) is Asia’s premium flexible workspace provider, opened its doors in Hong Kong in 1994 and today boasts over 220+ Centres in 36 cities and 16 markets. It is the third largest serviced office business in Asia.The Executive Centre caters to ambitious professionals and industry leaders looking for more than just an office space - they are looking for a place for their organisation to thrive. TEC has cultivated an environment designed for success with a global network spanning Greater China, Southeast Asia, North Asia, South Asia, the Middle East, and Australia, with sights to go further and grow faster. Each Executive Centre offers a prestigious address with the advanced infrastructure to pre-empt, meet, and exceed the needs of its Members. Walking with Members through every milestone and achievement, The Executive Centre empowers ambitious professionals and organisations to succeed.Privately owned and headquartered in Hong Kong, TEC provides first class Private and Shared Workspaces, Business Concierge Services, and Meeting & Events facilities to suit any business' needs.www.executivecentre.comPress EnquiriesFGS GlobalKitty LamKitty.Lam@fgsglobal.com / +852 6306 8851The Executive CentrePebble LeePebble_lee@executivecentre.com / +852 3951 9888 Copyright 2024 ACN Newswire via SeaPRwire.com.
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HeartCore’s Go IPO Client, SBC Medical Group, Begins Trading on the Nasdaq Stock Exchange ACN Newswire

HeartCore’s Go IPO Client, SBC Medical Group, Begins Trading on the Nasdaq Stock Exchange

09/27/2024
New York and Tokyo, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced its Go IPO client, SBC Medical Group Holdings Inc. (“SBC”), has successfully commenced trading under the symbol “SBC” on the Nasdaq Global Market exchange. HeartCore was initially compensated through an aggregate $900,000 in initial fees and warrants to acquire 2.7% of SBC’s common stock, on a fully diluted basis, which equate to $17 million; in total, HeartCore generated $17.9 million in revenue from the SBC deal, with $17 million to be recognized in Q3 2024.As previously mentioned, of the $17.9 million, HeartCore sold $9 million worth of warrants to a Japanese financial institution during Q1 2024. The Company generated $5.64 million in net sales after paying a referral fee of $3.36 million to So Management Inc. for sourcing the lead. With SBC now publicly traded, HeartCore holds in total $8 million worth of SBC stock.Pursuant to the initial agreement, the Company assisted SBC throughout the listing process, including the audit and legal firm hiring process, translating requested documents into English, assisting in the preparation of documentation for internal controls required for an initial public offering, providing general support services, assisting in the preparation of the F-1 filing, and more.Additionally, HeartCore announced the following guidance range for Q3 2024:Revenue: $19 million-$23 millionNet Profit: $4 million-$8 million“The SBC Medical Group deal is our biggest Go IPO deal to date, amassing a gross total of $17.9 million in total top line revenue for HeartCore,” said CEO Sumitaka Kanno Yamamoto. “Our team played a vital role in fostering the go public process for our treasured client, and we are very much looking forward to the progress and continued success SBC will create as a publicly traded company on the Nasdaq.“Furthermore, we are very encouraged by our forecasted financials for Q3 2024, as HeartCore is slated to have its strongest quarter in corporate history. Relative to last year’s revenue for the first nine-months ended September 30, 2023, of $18.5 million, we anticipate generating between $28.1 million and $32.1 million in revenue for the nine months ended September 30, 2024, with a significant profit. We expect this year will be HeartCore’s strongest by far, and we continue to stay laser focused on providing value for our Go IPO clients, in addition to our enterprise software clients.”For more information, please contact:Mandy TanEmail: m.tan@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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Excel Dryer Shines as a Double Honoree on Fast Company’s Best Workplaces for Innovators List ACN Newswire

Excel Dryer Shines as a Double Honoree on Fast Company’s Best Workplaces for Innovators List

09/27/2024
EAST LONGMEADOW, MA, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - Fast Company, the world's leading business media brand, with an editorial focus on innovation in technology, leadership, world-changing ideas, creativity and design, has selected Excel Dryer, Inc., for the 2024 100 Best Workplaces for Innovators (BWFI) list, ranking the manufacturer at number 40 among 100 companies that foster a culture of innovation and creativity in their workplaces worldwide. In addition to this distinguished honor, Excel Dryer was also selected as one of 10 finalists in the BWFI category of General Excellence.William Gagnon, Executive Vice President & Chief Operating Officer at Excel Dryer, accepted the Fast Company "100 Best Workplaces for Innovators" award.BWFI honorees are selected from across industries, chosen for their investment in employees and a workplace that encourages experimentation and forward thinking. The General Excellence category, new in 2024, recognizes companies that have established strong innovation cultures that have yielded remarkable results."As the creators of the energy-efficient, high-speed hand dryer category, Excel Dryer is proud to be recognized for our ongoing commitment to fostering employee engagement, creativity and vision," said William Gagnon, Executive Vice President & Chief Operating Officer at Excel Dryer. "We invest heavily in research and development, adopting state-of-the-art technologies that empower our employees across departments."Examples of recent initiatives at Excel Dryer include:Renovation of the company's global headquarters, guided by the WELL (IWBI) Standards with an emphasis on biophilic design, physical and mental well-being, and sustainabilityIntegration of collaborative ‘Cobots' (robotics) into the manufacturing process, enhancing workplace efficiencyDepartment-wide adoption of Cascading Goals and Levels of Excellence principles, providing a structured approach to facilitating communication, encouraging engagement and aligning goals"We remain dedicated to advancing the industry while ensuring that everything we do reflects the company values of sustainability, efficiency, wellness and inclusivity," Gagnon said. "This holistic approach to innovation not only drives Excel forward but improves the quality of life for our employees and the communities we serve."About Excel Dryer, Inc.Excel Dryer is a family-owned and operated company that revolutionized the industry with the invention of the XLERATOR® Hand Dryer, which set a new standard for performance, reliability and customer satisfaction. For more than 50 years, Excel has been manufacturing American-made hand-drying solutions that are dependable, cost-effective, safe and sustainable. Backed by the best customer service, Excel Dryer products can be purchased through an established network of sales representatives and distributors globally. Learn more about Excel Dryer at exceldryer.com.Contact InformationSue SpiryMarket Mentorssspiry@marketmentors.com413-787-1133Related ImagesWilliam Gagnon, Executive Vice President & Chief Operating Officer at Excel Dryer, accepted the Fast Company "100 Best Workplaces for Innovators" award.SOURCE: Excel Dryer, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
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GA-ASI Adds NIDV and NATO DIANA to Blue Magic Netherlands Agenda ACN Newswire

GA-ASI Adds NIDV and NATO DIANA to Blue Magic Netherlands Agenda

09/27/2024
SAN DIEGO, CA, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) has added Raymond Knops, Chairman of the Dutch Industry Foundation for Defence and Security (NIDV), and Thomas McSorley, General Counsel for NATO DIANA (Defence Innovation Accelerator for the North Atlantic), to a growing list of speakers and panelists on the agenda for the first-ever Blue Magic Netherlands (BMN) event being held on November 19, 2024. Other companies participating in GA-ASI's BMN event include Brainport Development, Brabant Development Agency (BOM), SPACENED, and Lockheed Martin Ventures."We're excited to launch this event in the Netherlands, which will bring together the best of Dutch industry and innovation," said Brad Lunn, Managing Director of Strategic Finance at GA-ASI. "We are already engaged with companies who have contacted us to pitch their capabilities for possible inclusion in Blue Magic and open up funding opportunities."Dutch businesses that would like to pitch their technology and capabilities at BMN 2024 are encouraged to register on the event website by no later than Oct. 28, 2024.Blue Magic Netherlands will be held in Eindhoven, a city known as a global technology hub. BMN will bring together Dutch startups, universities, government officials, aerospace leaders, and representatives from other high-tech industries, who will see technology advancements within the Dutch technology ecosystem and connect qualified partners with funding opportunities to support next-generation dual-use solutions.GA-ASI has organized several successful Blue Magic events in the past and is bringing that same concept to the Netherlands. Areas of focus for BMN 2024 will be artificial intelligence/machine learning, autonomy, advanced materials, sensors, advanced manufacturing, and space. GA-ASI delivered its MQ-9A Remotely Piloted Aircraft (RPA) to the Royal Netherlands Air Force (RNLAF) in 2021 and recently announced an increase in the total order of MQ-9As in its service to eight.About GA-ASIGeneral Atomics Aeronautical Systems, Inc. (GA-ASI), an affiliate of General Atomics, is a leading designer and manufacturer of proven, reliable RPA systems, radars, and electro-optic and related mission systems, including the Predator® RPA series and the Lynx® Multi-mode Radar. With more than 8 million flight hours, GA-ASI provides long-endurance, mission-capable aircraft with integrated sensor and data link systems required to deliver persistent situational awareness. The company also produces a variety of sensor control/image analysis software, offers pilot training and support services, and develops meta-material antennas.For more information, visit www.ga-asi.com.Avenger, Lynx, Predator, SeaGuardian, and SkyGuardian are registered trademarks of General Atomics Aeronautical Systems, Inc.Contact Information:GA-ASI Media Relationsasi-mediarelations@ga-asi.comSOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Get It While It’s Cold: Cloud Retail Teams Up With Vilo Gelato to Ensure Frozen Gelato Deliveries Stay Perfectly Chilled ACN Newswire

Get It While It’s Cold: Cloud Retail Teams Up With Vilo Gelato to Ensure Frozen Gelato Deliveries Stay Perfectly Chilled

09/27/2024
LONDON, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - Delivering a temperature-sensitive product like gelato presents a number of challenges, especially in a tropical climate, so Vilo Gelato partnered with Cloud Retail to take advantage of its quick commerce experience. Vilo Gelato's proprietary cold-delivery process coupled with Cloud Retail's quick-delivery software ensures each delivery arrives at the perfect temperature every time.Cloud RetailWith 35+ locations, Vilo Gelato has become a favourite among ice cream enthusiasts for its unique flavours and commitment to quality. Now, Vilo Gelato is poised to enhance its customer experience by providing a seamless online shopping platform."We are thrilled to be partnering with Cloud Retail to bring our gelato to a wider audience," said Vincent Kusuma, CEO of Vilo Gelato. "This collaboration allows us to offer a new level of convenience to our customers, especially as online shopping continues to grow in popularity. With Cloud Retail's robust eCommerce platform, we are confident that our customers will have an exceptional online purchasing experience."Cloud Retail is a user-friendly and reliable eCommerce platform that enables us to achieve this goal. We are confident that through this partnership, our customers will not only receive high-quality Vilo Gelato products but also enjoy an exceptional online shopping experience. This is a significant step forward in ensuring our products are easily accessible to customers wherever they are, be it in the office, home, party, school, social gathering, park, etc."We believe this collaboration is a testament to our commitment to continuous innovation and delivering the best to our customers, while also leveraging technological advancements to provide better service. Having Cloud Retail as our strategic partner, we are better equipped to meet the evolving market demands and offer a modern, secure, and enjoyable shopping experience."Paul Findel, VP of Sales at Cloud Retail, expressed enthusiasm for the partnership, "Vilo Gelato is an exciting brand in Indonesia, and we are thrilled to work with them to bring their eCommerce vision to life. Our end-to-end solution is designed to handle all aspects of online sales, from user-friendly storefronts to secure payment processing and efficient delivery logistics. Our extensive experience in the grocery space was a perfect match for Vilo Gelato as their temperature-sensitive product requires an error-free rapid delivery. We look forward to helping Vilo Gelato expand its presence in the digital space."About Vilo GelatoVilo Gelato is an aspiring Indonesian-made ice cream with flavour and taste inspiration from Indonesia and around the world. Currently, more than 75 flavours are available to bring joy and happiness to customers around Indonesia. Visit https://www.vilo.id/.About Cloud RetailCloud Retail is an all-in-one eCommerce platform combining all the services you need in one tool, eliminating the need for multiple systems, improving efficiency, and lowering operating costs. Visit www.thecloudretail.com.Contact InformationMark RicksHead of Marketingmark.ricks@thecloudretail.comSOURCE: Cloud Retail Copyright 2024 ACN Newswire via SeaPRwire.com.
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EV Parts and Copper Foil Maker Londian Wason to Launch New Facility in Malaysia ACN Newswire

EV Parts and Copper Foil Maker Londian Wason to Launch New Facility in Malaysia

09/27/2024
NANNING, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - Electrolytic copper foil maker Londian Wason New Energy Tech Inc. ('Londian Wason'), a global leading innovation-driven researcher, developer and manufacturer of electrolytic copper foils, signed a Memorandum of Understanding ('MOU') with Asas Panorama Sdn Bhd ('APSB'), the master developer of the Malaysia-China Kuantan Industrial Park (the 'MCKIP') for the development of high-end copper foil project (the 'Project').The signing of the MOU marks Londian Wason to expand its business to the global market. Londian Wason intends to launch the Project in MCKIP to produce different types of electrolytic copper foil used in EV batteries as well as copper clad laminates ('CCL').The Malaysia-China Kuantan Industrial Park (the 'MCKIP') was established on June 15, 2012, pursuant to the bilateral investment cooperation between the Government of Malaysia and the Government of the People’s Republic of China.Driven by global market demand, especially the popularization of EV and ESS (energy storage) applications, the demand for high precision electrolytic copper foil is continuously increasing. The Project is the first initiative by the Chinese copper foil maker in its global expansion strategy.Malaysia, an important partner in the Belt and Road Initiative, boasts a robust economic and trade relationship with China and neighboring countries, offering a fertile ground for foreign investors. Bolstered by the China-ASEAN Free Trade Agreement, provides a platform for diverse policy support and opportunities. The Project’s implementation will provide valuable operational experience, accelerating Londian Wason’s international strategy to further expand into MENA, Europe and North America. This strategic move is also expected to position the company more advantageously for the burgeoning Southeast Asian EV market.Mr. Guanran Wang, CEO of Londian Wason said the decision for Londian Wason to launch the Project is for the company to maintain its leading position in the industry, and a commitment that the company will be a trusted global partner to its customers. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Cleverbridge 宣佈支付行業老將Kevin Feagan擔任首席收入官 ACN Newswire

Cleverbridge 宣佈支付行業老將Kevin Feagan擔任首席收入官

09/26/2024
德國科隆, 2024年9月26日 - (亞太商訊 via SeaPRwire.com) - Cleverbridge，全球訂閱業務的一體化電子商務平台，今天宣布 Kevin Feagan被任命為首席收入官。Feagan將直接向首席執行官Wendi Sturgis匯報，並成為Cleverbridge領導團隊的成員。Cleverbridge 宣布支付行業老將Kevin Feagan擔任首席收入官在新角色中，Feagan將負責市場推廣組織，並推動所有與收入相關職能之間的戰略協調。他在Everyware、FIS和BluePay等公司擁有豐富的銷售領導經驗，使他成為引導Cleverbridge持續成功的理想人選，尤其是在加速企業採用 記錄商（MoR）模式方面，該模式通過整合支付、訂閱管理、銷售稅合規等功能簡化了端到端的電子商務。Feagan表示：“我很高興在公司歷史的這一時刻加入Cleverbridge。公司的產品、團隊和客戶都讓我深感印象，但我尤其被領導團隊所吸引。顯然，Cleverbridge準備迎接一次重大增長，而我就是來幫助實現這一目標的。” 他說：“我準備迎接挑戰，利用我的經驗，與我們優秀的團隊合作，為客戶提供更大的價值。我們將一起構建出令人驚嘆的成果，並在這個過程中享受樂趣。”在加入Cleverbridge之前，Kevin曾擔任Everyware的首席收入官，這是一家位於奧斯汀的專注於電子商務支付和無卡交易（CNP）的公司。在此之前，Feagan曾擔任FIS的高級副總裁，FIS是一家《財富》500強公司，為商戶、銀行和資本市場公司提供領先的技術解決方案。由於他在行業中的重要貢獻，Kevin在2020年被評選為電子交易協會（ETA）的“四十位40歲以下精英”之一。Sturgis表示：“凱文在推動支付和電子商務公司的增長方面有著良好的業績記錄，他的加入將使Cleverbridge在全球範圍內擴大記錄商銷售的基礎上繼續前進。顯然，行業正在快速變化，但Cleverbridge的地位從未如此強大。科技公司越來越尋找替代方案，以應對高成本、耗時的實施和複雜的多供應商電子商務解決方案。Cleverbridge正準備為這些公司提供他們所需的，幫助他們在盡量減少努力的情況下實現最大增長。”欲了解更多信息，請訪問 grow.cleverbridge.com 或在LinkedIn上關注Cleverbridge。關於Cleverbridge Cleverbridge是全球訂閱業務的一體化電子商務平台。作為記錄商（MoR），我們整合了電子商務解決方案的基本組件，包括支付、訂閱管理、稅務/VAT處理和合規性管理，幫助企業減輕運營工作，並在客戶生命周期內自動化數位交易。自2005年以來，來自各行業的領先B2B和B2C科技公司一直信賴Cleverbridge，提供無縫的購買體驗，並在240多個國家和地區優化客戶獲取、擴展和保留。欲了解更多信息，請訪問 grow.cleverbridge.com 。聯繫信息Gordon KnappSenior Director, Marketinggordon.knapp@cleverbridge.com資料來源：Cleverbridge Copyright 2024 亞太商訊 via SeaPRwire.com.
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AEON信貸財務推出全新設計信用卡 ACN Newswire

AEON信貸財務推出全新設計信用卡

09/26/2024
香港, 2024年9月26日 - (亞太商訊 via SeaPRwire.com) - AEON信貸財務（亞洲）有限公司（「AEON信貸財務」或「集團」；股份代號：00900）隆重宣布推出全新設計的信用卡，為其標誌性的AEON信用卡系列*加入更現代化及環保的元素，以加強客戶的支付體驗，並進一步推動集團對可持續發展的承諾。全新設計的AEON信用卡是集團首次採用直向式設計，不但迎合日益普及的免觸式支付，讓客戶可以像使用手機般垂直手持信用卡，得到比傳統橫向設計更順暢的支付體驗，更是香港首張雙面均採用垂直設計的銀聯信用卡。新卡設計時尚簡約、現代化，卡面更採用無號碼設計，將所有信用卡資料如持卡人姓名、卡號及有效期等均移至卡背；再配合使用鐳射銀膜再用料及紫外線局部凸字光油印刷，賦予了其閃爍及高雅的外觀。至於設計理念方面，靈感來自集團標誌「AEON永恆之環」，象徵AEON集團團結一致，以及追求和平、尊重人類的永恆世界觀。由2024年9月30日起，所有AEON新發行的信用卡將以全新面貌登場，AEON信用卡客戶將在現有信用卡到期或需要更換時，才會按需要獲發新信用卡。此外，自去年9月起所有AEON信用卡已採用回收聚氯乙烯（「rPVC」）塑膠製造，反映AEON信貸財務致力將可持續發展融入整體業務營運。AEON信貸財務董事總經理魏愛國先生表示：「我們很高興是次推出全新直向式卡面設計，標誌著集團致力滿足不斷變化的消費者喜好及支付體驗的一個重要里程碑。新卡設計反映AEON信貸財務竭力投入創新及可持續發展，為客戶提供更方便及優越的支付體驗。未來，我們將繼續加強產品及服務，以把握不斷增長的消費金融市場所帶來的巨大機遇，並引領行業及消費潮流。」*註：包括AEON Card Premium Visa、AEON Card Premium Mastercard、AEON Card Premium UnionPay、AEON Visa信用卡、AEON萬事達信用卡、AEON銀聯信用卡、AEON CARD WAKUWAKU、AEON Card JAL。AEON信貸財務推出全新直向式設計信用卡 加強優質支付體驗關於AEON信貸財務（亞洲）有限公司（股份代號：00900）AEON信貸財務（亞洲）有限公司為AEON Financial Service Co., Ltd.之附屬公司（東京證券交易所編號：8570）及AEON集團旗下公司，成立於1987年，並於1995年在香港聯合交易所有限公司主板上市。集團主要從事消費融資業務，包括於香港簽發信用卡及提供私人貸款融資、信用卡付款處理服務、保險代理及顧問業務，以及於中國內地從事小額融資業務。詳情請瀏覽公司網址：www.aeon.com.hk。 Copyright 2024 亞太商訊 via SeaPRwire.com.
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Cleverbridge Announces Payments Veteran Kevin Feagan as Chief Revenue Officer ACN Newswire

Cleverbridge Announces Payments Veteran Kevin Feagan as Chief Revenue Officer

09/26/2024
Cologne, Germany, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - Cleverbridge, the all-in-one e-commerce platform for global subscription businesses, today announced the appointment of Kevin Feagan as its Chief Revenue Officer. Feagan will report directly to Wendi Sturgis, Chief Executive Officer, and serve as a member of Cleverbridge's leadership team.Cleverbridge Chief Revenue Officer Kevin FeaganIn his new role, Feagan will oversee the go-to-market organization and be responsible for driving strategic alignment between all revenue-related functions. His extensive sales leadership experience in the payments industry from Everyware, FIS, and BluePay make Kevin the perfect fit to guide the continued success of Cleverbridge as it accelerates enterprise adoption of the merchant of record (MoR) model, which simplifies end-to-end ecommerce by consolidating payments, subscription management, sales tax compliance, and more."I'm thrilled to be joining Cleverbridge at this point in the company's history. The product, people, and clients have all impressed me immensely, but I've been particularly drawn to the leadership team. It's clear that Cleverbridge is ready for a major growth event, and I'm here to help make that happen," said Feagan. "I'm ready to take on the challenge, leverage my experience, and partner with our talented team to deliver even greater value to our clients. Together, we're going to build something amazing - and have a lot of fun doing it."Prior to joining Cleverbridge, Kevin served as the CRO at Everyware, an Austin-based company focused on ecommerce payments and card-not-present (CNP) transactions. Before that, Feagan served as Senior Vice President at FIS, a Fortune 500® leading provider of technology solutions for merchants, banks, and capital markets firms. A reflection of his significant contributions to the industry, Kevin was recognized on the Electronic Transactions Association (ETA)'s 2020 Forty Under 40 list."Kevin has a proven track record of growing payments and ecommerce companies, and his addition will enable Cleverbridge to build on existing momentum as we continue to scale merchant of record selling globally," said Sturgis. "It's clear that the industry is rapidly changing, but Cleverbridge's position has never been stronger. Technology businesses are increasingly looking for alternatives to costly, drawn-out implementations and complex multi-vendor ecommerce solutions. Cleverbridge is poised to give these businesses exactly what they're looking for, helping them to drive maximum growth with minimal effort."For more information, visit grow.cleverbridge.com or follow Cleverbridge on LinkedIn.About CleverbridgeCleverbridge is the all-in-one ecommerce platform for global subscription businesses. As a merchant of record (MoR), we consolidate the essential components of an ecommerce solution - including payments, subscription management, tax/VAT handling, and regulatory compliance - to help businesses offload operational work and automate digital transactions throughout the customer lifecycle. Since 2005, leading B2B and B2C technology companies across industries have trusted Cleverbridge to deliver frictionless buying experiences and optimize acquisition, expansion, and retention in over 240 countries and territories. Learn more at grow.cleverbridge.com.Contact InformationGordon KnappSenior Director, Marketinggordon.knapp@cleverbridge.comSOURCE: Cleverbridge Copyright 2024 ACN Newswire via SeaPRwire.com.
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AEON Credit Service Launches Modern and Eco-friendly ACN Newswire

AEON Credit Service Launches Modern and Eco-friendly

09/26/2024
HONG KONG, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit Service" or the "Group"; Stock Code: 00900) is pleased to announce the launch of its new credit card design, ushering in a modern and eco-friendly update to its iconic AEON Cards* to enhance customers’ payment experience and further the Group's commitment to sustainability.The newly designed AEON Card is the first vertical card issued by the Group, which addresses the growing popularity of tap-to-pay contactless payments. This design allows customers to hold their card vertically like a mobile phone, bringing a more intuitive payment experience compared with the traditional horizontal card orientation. Moreover, this is the first UnionPay credit card in Hong Kong with a vertical orientation on both sides. Embracing a sleek, simple and modern aesthetic, the new card design features a numberless front, with all card information such as cardholder name, card number and expiry date moved to the back. It also utilizes a rPVC laser silver foil material and UV spot printing to give it a shimmering and elegant appearance. With regard to the design concept, it was inspired by the "AEON Eternal Ring" - an iconic symbol that represents the unity of AEON as a corporate group and its eternal world view of pursuing peace and respecting humanity.The new card face will be adopted by all newly issued AEON Cards starting from 30 September 2024. For existing AEON cardholders, the new credit card will only be issued when their existing card expires or a replacement card is needed. It is also worth noting that the new credit cards will use recycled Polyvinyl Chloride ("rPVC") - a plastic material employed in all issued AEON credit cards since September last year, reflecting AEON Credit Service's unwavering commitment to incorporating sustainability throughout its business operations.Mr. WEI Aiguo, Managing Director of AEON Credit Service, said, "We are excited to unveil this new vertical card face design, which marks an important milestone in our ongoing efforts to address evolving consumer preferences and payment experience. The new card design embodies AEON Credit Service's dedication to innovation and sustainability, offering our customers a more convenient and premium payment experience. Staying at the forefront of the industry and consumer trends, we will continue to enhance our product and service offerings to capture the tremendous opportunities in the growing consumer finance market."*Remark: Include AEON Card Premium Visa, AEON Card Premium Mastercard, AEON Card Premium UnionPay, AEON Visa Credit Card, AEON Mastercard Credit Card, AEON UnionPay Credit Card, AEON CARD WAKUWAKU and AEON Card JAL.AEON Credit Service launches modern and eco-friendly new vertical credit cardto intensify premium payment experienceAbout AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Innovation Beverage Group Limited Announces Pricing of $5.4 Million Initial Public Offering on the Nasdaq Capital Market Under Symbol “IBG” ACN Newswire

Innovation Beverage Group Limited Announces Pricing of $5.4 Million Initial Public Offering on the Nasdaq Capital Market Under Symbol “IBG”

09/26/2024
SYDNEY, AU, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - Innovation Beverage Group Limited ("IBG" or the "Company"), a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands with a focus on premium and super premium brands, today announced the pricing of its initial public offering (the "Offering") of 1,350,000 ordinary shares, at a public offering price of $4.00 per share for total gross proceeds to the Company of $5.4 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted a 30-day option to the underwriters to purchase up to an additional 202,500 ordinary shares solely to cover over-allotments, if any.The ordinary shares are expected to begin trading on The Nasdaq Capital Market, under the symbols "IBG", on September 26, 2024. The Offering is expected to close on or about September 27, 2024, subject to satisfaction of customary closing conditions.The Benchmark Company, LLC is acting as sole book-running manager for the Offering. Sichenzia Ross Ference Carmel LLP is serving as legal counsel to the Company.A registration statement on Form F-1 (No. 333-266965) relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission (the "SEC") on September 25, 2024. The Offering is being made only by means of a prospectus. Copies of the final prospectus may be obtained, when available, on the SEC's website, www.sec.gov, or by contacting The Benchmark Company, LLC, 150 East 58th Street, #17, New York, New York 10155, at (212) 312-6700.This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About Innovation Beverage Group LimitedInnovation Beverage Group Limited is a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands with a focus on premium and super premium brands. The Company owns exclusive manufacturing rights in its beverage portfolio. The Company's products are sold in both the United States and Australian markets. To learn more, go to https://www.innovationbev.com/.Safe Harbor Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "may", "could", "expects", "projects," "intends", "plans", "believes", "predicts", "anticipates", "hopes", "estimates" and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon several assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the Company's control. Actual results (including the anticipated benefits of the offering described herein) may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors described in the Company's filings with the Securities and Exchange Commission. The forward-looking statements are applicable only as of the date on which they are made, and the Company does not assume any obligation to update any forward-looking statements.Investor Relations Contact:TraDigital IRJohn McNamara917-658-2602John@tradigitalir.comSOURCE: Innovation Beverage Group Copyright 2024 ACN Newswire via SeaPRwire.com.
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二零二四/二五年度上半年收入增長9.9%至860,300,000港元 ACN Newswire

二零二四/二五年度上半年收入增長9.9%至860,300,000港元

09/26/2024
董事總經理魏愛國先生(右)及董事副總經理黎玉光先生(左)香港, 2024年9月26日 - (亞太商訊 via SeaPRwire.com) - AEON信貸財務（亞洲）有限公司（「AEON信貸財務」或「集團」；股份代號：00900）今日公布截至二零二四年八月三十一日止六個月（「二零二四/二五年度上半年」或「報告期間」）的中期業績。報告期間，集團收入按年增長9.9%至860,300,000港元。收入增長主要得益於利息收入的增加，而這歸因於集團於二零二四/二五年度上半年針對市場需求推出不同的營銷計劃，令集團在經濟形勢緩慢復甦的情況下成功維持銷售增長。營運效率提升下，成本對收入比率由二零二三/二四年度上半年的48.0%下降至二零二四/二五年度上半年的47.0%，在未計入虧損及減值準備前的營運層面上，集團於二零二四/二五年度上半年錄得營運溢利為426,000,000港元，較二零二三/二四年度上半年增加11.7%。稅後溢利為170,400,000港元（二零二三/二四年度上半年：191,400,000港元）。稅後溢利下降主要由於信貸違約率增加以及經濟指標疲軟，導致減值虧損和減值準備增加。董事會決議宣佈派發中期股息，每股 24.0港仙（二零二三/二四年度上半年：每股24.0港仙），派付股息比率為59.0%。為應對經濟復甦反彈較預期遲緩及其他挑戰，集團於報告期間及時採取多項措施，推動銷售及應收款項的增長，同時大力完善風險定價機制，實現最大回報的信用卡和私人貸款組合，並利用有效的信用風險管理機制來降低信用減值的可能性。集團於二零二四/二五年度上半年銷售額整體較二零二三/二四年度上半年增長10.6%, 客戶貸款及應收款項總額較二零二四年二月底增加3.8%。營銷方面，集團利用針對性營銷手法和吸引的市場推廣，令目標客戶了解其具競爭力的產品及服務。為使分行網絡多元化及滿足客戶面對面諮詢服務日益增長的需求，集團持續改造及擴展分行網絡，其中包括於二零二四年六月設立沙田新分行，並設有專門的保險諮詢櫃檯。為進一步強化公司的技術基礎，集團已成功將核心數據中心遷移至將軍澳。新數據中心基礎設施在正常運行時間保證、故障寬容能力及競爭服務成本方面皆具頂尖排名。新數據中心位於一棟國際認可綠色建築認證標準的建築物內，顯示集團非常重視將可持續發展融入其業務營運。展望未來，集團將以合理的收益率尋求應收帳款增長，並管理融資成本以增加淨利息收入。集團亦將採取靈活的行銷策略，拓展客戶群及服務渠道，有效運用系統資源，提升服務品質及營運效率。此外，集團將透過發展收單及保險中介業務的收費業務，努力實現收入來源多元化。由於信貸環境預計仍將充滿挑戰，集團將密切監察信貸評估和信貸管理改進的有效性，並實現更好的期限配對，以盡量減低信貸和流動性風險。在營運數碼化方面，集團將進一步完善客服中心平台，提升與客戶的快速互動。此外，集團將繼續加強數據分析工具，以提高在行銷、信用評估和信用管理活動的有效性。為提升信用卡服務，「AEON HK」手機應用程式即將推出虛擬信用卡功能，客戶無需親自到櫃檯，即可在信用卡核准及啟動後即時享受購物體驗。另外，為適應不斷變化的消費者偏好和支付技術，集團將於2024年9月30日推出全新信用卡設計，為客戶提供更便利、更優質的支付體驗。新卡設計體現集團創新和可持續發展精神，迎合日益流行的非接觸式支付，並使用再生塑膠，反映了集團將可持續發展納入其業務營運的堅定承諾。AEON信貸財務董事總經理魏愛國先生表示：「儘管宏觀經濟環境存在不確定性，我們將持續投入資源，提供卓越的消費金融服務，以滿足客戶不斷變化的需求，並以更多創新及定制化產品擴大客戶群。憑藉我們強大的資金流動性，資產負債表以及多方面成熟的管理能力，我們有能力把握消費金融市場的機遇，在今年餘下的時間內實現更好的表現。」關於AEON信貸財務（亞洲）有限公司（股份代號：00900）AEON信貸財務（亞洲）有限公司為AEON Financial Service Co., Ltd.之附屬公司（東京證券交易所編號：8570）及AEON集團旗下公司，成立於1987年，並於1995年在香港聯合交易所有限公司主板上市。集團主要從事消費融資業務，包括於香港簽發信用卡及提供私人貸款融資、信用卡付款處理服務、保險代理及顧問業務，以及於中國內地從事小額融資業務。詳情請瀏覽公司網址：www.aeon.com.hk。 Copyright 2024 亞太商訊 via SeaPRwire.com.
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U.S. Polo Assn. Concludes the Successful European Polo Season ACN Newswire

U.S. Polo Assn. Concludes the Successful European Polo Season

09/26/2024
West Palm Beach, FL, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), proudly marked the successful conclusion of the European high-goal polo season, after sponsoring a series of prestigious tournaments across the continent. Throughout the summer, the sport brand had the privilege of sponsoring premier tournaments, including the Sotogrande Gold Cup, the Berlin Maifeld Polo Cup, and the French Open, each representing polo at the highest level."We are thrilled to have U.S. Polo Assn. be part of such prestigious, global events that not only promote the sport of polo but also connect with players, fans, and consumers in the European marketplace," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar U.S. Polo Assn. brand. "Our involvement in these international polo tournaments underscores our authentic connection to the sport and reflects our brand's commitment to global competition and community."For the first time, U.S. Polo Assn. was the Official Apparel Sponsor of Spain's premier polo tournament, the Sotogrande Gold Cup. Taking place from July 22 to August 31, this event showcased some of the world's top international players and polo ponies, which drew sold-out crowds to the Ayala Polo Club in Sotogrande. The sport-inspired brand provided staff outfitting, cap giveaways to event attendees, and prizes for the winners and runners-up of the tournament.Continuing its support across Europe, U.S. Polo Assn. sponsored the Berlin Maifeld Polo Cup from August 23 to September 1. This tournament, celebrated as the German High-Goal Championship, attracted sports fans to the Prussian Polo & Country Club - Berlin, where the sport-inspired brand was the Official Apparel Sponsor. This partnership provided competing teams with custom performance jerseys, caps, and hoodies, alongside umpire outfitting and cap giveaways during the sport's iconic halftime divot stomp.The European season concluded with the French Open for men and women, held at the iconic Polo Club du Domaine de Chantilly in France from September 4 to September 22. This prestigious competition, set in one of the most picturesque polo venues worldwide, offered a fitting finale to the European season, featuring high-level play and sportsmanship from athletes and their equestrian partners. As the Official Apparel and Jersey Sponsor, U.S. Polo Assn. provided players with custom performance jerseys and outfitting for staff, all featuring the brand's iconic double-horsemen logo."Engaging consumers through authentic experiences like sponsoring these prestigious polo tournaments allows us to celebrate the sport while showcasing the genuine spirit of U.S. Polo Assn. across Western Europe," said Lorenzo Nencini, CEO of Incom, S.p.A., U.S. Polo Assn.'s strategic apparel partner in Western Europe. "Connecting with consumers in this way has been pivotal in expanding our brand presence and resonating with the European market."About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country's oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and uspashop.com, and follow @uspoloassn.USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.Contact InformationStacey KovalskyVP Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036Shannon StilsonVP, Sports Marketing & Mediasstilson@uspagl.com+001.561.227.6994SOURCE: USPA Global Licensing Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Middle East Organisations Intensify Investment in AI and Digital Experience Technologies: Key Findings from the Digital Experience Show Middle East 2024 ACN Newswire

Middle East Organisations Intensify Investment in AI and Digital Experience Technologies: Key Findings from the Digital Experience Show Middle East 2024

09/26/2024
DUBAI, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - As digital transformation accelerates across the Middle East, companies are increasingly prioritising investments in AI and automation technologies to enhance their digital customer experiences. According to the 'Digital Experience Intelligence Report 2024,' released at the Digital Experience Show Middle East 2024 in Dubai, 41% of companies in the region are actively re-evaluating their AI platforms, recognising the rising role of artificial intelligence in delivering personalised and real-time customer interactions.The report also highlighted 28% of enterprises are revisiting their digital experience platforms to stay competitive in a rapidly evolving digital landscape, with 22% poised to implement chatbot and automation solutions to streamline customer service processes.The intelligence report also identified the key challenges organisations in the Middle East are grappling with as they navigate their digital transformation journeys. Achieving a clear return on investment (ROI) from digital transformation remains a top concern for 48% of companies, followed closely by the need for data-driven decision-making, which was cited by 47% of respondents. To address these challenges, businesses are upgrading their digital technology stacks with a focus on improving customer touchpoints and interactions. The report revealed that 48% of companies are investing in omnichannel engagement solutions to ensure consistent, frictionless customer experiences across all platforms. In parallel, 52% are prioritising customer analytics and personas to gain deeper insights into consumer behaviour.Ayusha Tyagi, Managing Director of Customer Experience Live, noted, "Companies across the region are at a critical juncture where they need to balance rapid technological adoption with meaningful outcomes. The emphasis on AI, data analytics, and omnichannel engagement, as underscored by the Digital Experience Intelligence Report, demonstrates that organisations are focused on creating experiences that are not only innovative but also deliver tangible business results."The Digital Experience Show 2024, and the co-located, Operational Excellence Show 2024, provided a key platform for businesses across the Middle East to explore cutting-edge solutions that are shaping the future of digital engagement and operational efficiencies. The conferences were supported by major sponsors including Optimizely, SAP LeanIX, Comarch, Emplifi, Acquia, Axelerant, and Ankura. Strategic partners included the International Customer Experience Institute and Customer Institute with BNC as the Project Intelligence Partner. Media partners included Customer Data Platform Institute, ACN Newswire via SeaPRwire.com, Siliconindia, StartupNews.fyi, CIOReview, Oman Oil and Gas, World Oils, OnestopNDT, and Energy Business. Industry leaders from prominent organisations such as Adnoc Distribution, Aramex, Aster DM Healthcare, Landmark Group, Talabat, and Bank al Etihad shared valuable insights on how to navigate the complexities of digital transformation, with a focus on leveraging AI, automation, and omnichannel strategies to enhance customer experiences.The conference also hosted the prestigious Digital Experience Awards, recognising leading organisations that have demonstrated excellence in digital innovation and customer experience transformation. Notable winners included the Ministry of Investment, Bupa Arabia, Riyadh Airports Company, and Dubai National Insurance, all of whom have made significant strides in enhancing customer engagement through technology.For more information on the 'Digital Experience Intelligence Report 2024,' please visit www.customer-experience.live.About Customer Experience LiveCustomer Experience Live is a leading digital customer experience insights and research powerhouse in the EMEA region. Committed to driving growth within organisations through rigorous research and insightful activations, the company plays a pivotal role in facilitating successful business ventures and fostering innovation in customer experience solutions. With a focus on understanding end-user needs and market dynamics, Customer Experience Live empowers top-level executives and solution providers to navigate the ever-changing landscape of customer experience.For more information, please contactRiji Raju, Customer Experience LiveEmail: riji.raju@customer-experience.live Copyright 2024 ACN Newswire via SeaPRwire.com.
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SPACES: Digital Innovation Meets Contemporary Art at Phillips ACN Newswire

SPACES: Digital Innovation Meets Contemporary Art at Phillips

09/26/2024
LONDON, Sept 25, 2024 - (ACN Newswire via SeaPRwire.com) - HOFA Gallery and PhillipsX announce the launch of ‘SPACES', the inaugural selling exhibition in HOFA's new curated digital realities series; which brings together leading voices in the intersection of technology and art. The selling exhibition, set to debut at Phillips, London, from 3 - 10 October, during Frieze 2024, will showcase 10 works by eight global visionaries blending digital innovation with artistic expression: Sougwen Chung, Emily Xie, Refik Anadol, Krista Kim, Ana María Caballero, Shirin Abedinirad, Random International and Joseph Klibansky.Sougwen Chung, Spectral, 2024. Acrylic on Perspex, Created with DOUG6. (Photo by David Sprangl)Sougwen Chung, Spectral, 2024. Acrylic on Perspex, Created with DOUG6. 152.5 x 152.5 cm (Photo by David Sprangl)SPACES is a series of immersive exhibitions exploring the profound challenges and possibilities presented by computing technologies and their impact on humanity. The first edition at Phillips will feature a curation of contemporary artworks integrating digital techniques with tangible media, as well as digital works that challenge conventional perceptions of art, inviting viewers to reconsider the boundaries between the digital and physical realms.Elio D'Anna, curator and co-founder of HOFA Gallery, says, "HOFA is honoured to present SPACES with Phillips. This series explores the evolving interplay between digital technology and contemporary art, showcasing how artists are integrating AI and digital techniques into their work."D'Anna adds, "SPACES highlights the transformative impact of these technologies on art forms and reveals new possibilities for creative expression."One of the main highlights of SPACES is Sougwen Chung, the Chinese-Canadian artist named as one of TIME100's top AI innovators and whose human-machine collaboration was the first AI model acquired by the Victoria and Albert Museum, London.At Phillips, Chung will unveil Spectral, a dynamic new installation where a robotic arm will collaborate with them in the painting process, exemplifying the evolution of machines as creative partners rather than mere tools. This work explores the innovative interplay between humans and AI, and technology and artistic expression.Other highlights include:Krista KimKrista Kim, founder of Techism, is a pioneering artist who explores digital consciousness through art, technology and philosophy, working across both digital and physical mediums. As a cultural leader at the World Economic Forum since 2022, Vogue Singapore's metaverse editor, and one of UNESCO's '50 Minds for the Next 50,' Kim is widely recognised for her innovative contributions to the art world. Her notable works include the 2022 immersive installation Continuum in Times Square, and the 2024 installation Mirror of the Mind featured on The Sphere in Las Vegas.SPACES will showcase a triptych of Kim's signature gradient works, UV-printed on Trulife Plexi and mounted on Dibond. These pieces, created using digital software from as early as 2012, represent her vision of technology as a tool for mental wellness and cultural reflection. Her meditative gradients explore the fluid intersection of art and technology, symbolising constant transformation in the digital age.Emily XieXie is a New York-based artist known for her innovative use of algorithms to create lifelike textures and forms. Her work has been showcased at the Singapore ArtScience Museum and the Armory Show in New York. Inspired by traditional Chinese embroidery, Xie's exhibited work Cresting Figure is a digital collage integrating rich textures and intricate patterns, reimagining ancient techniques through generative AI within a digital framework. Bridging the gap between contemporary art and 21st Century technology, it offers a beautiful perspective on cultural heritage.Refik AnadolAnadol is a Turkish-American media artist and director renowned for his innovative approach that blends art with data, creating captivating experiences through digital mediums. Anadol has collaborated with prestigious institutions such as MoMA New York and Sotheby's and has digital collectible sales surpassing $30 million. SPACES will present Winds of Yawanawa #888, part of his Winds of Yawanawa collection. This series comprises 1,000 unique NFT Data Paintings that merge weather data from the Yawanawa tribe's Amazonian village with the artistic expressions of young Yawanawa artists, showcasing a dynamic interplay between traditional art forms and digital innovation.Miety Heiden, Deputy Chairwoman and Head of Private Sales at Phillips, says "Phillips is thrilled to collaborate with HOFA Gallery on SPACES, an exhibition that pushes the boundaries of contemporary art by exploring the intersection of digital innovation and creative expression. SPACES reflects our commitment to supporting artists whose practice comprises cutting-edge technologies."Contact InformationEmma-Louise O'NeillComms & Brand Collaborations Directoremmalouise@thehouseoffineart.com+447515136909SOURCE: HOFA Gallery Copyright 2024 ACN Newswire via SeaPRwire.com.
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Clean Energy Transition Asia (CETA) Exhibition and Summit to Align with Malaysia’s NETR Roadmap in Regional Push for Sustainability ACN Newswire

Clean Energy Transition Asia (CETA) Exhibition and Summit to Align with Malaysia’s NETR Roadmap in Regional Push for Sustainability

09/26/2024
KUALA LUMPUR, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - The Clean Energy Transition Asia (CETA) Exhibition and Summit is set to take place at the Kuala Lumpur Convention Centre (KLCC) from 9-11 October, 2024, uniting leaders from the clean energy sectors to accelerate Asia’s transition to a sustainable energy future. Co-located with the distinguished International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024 and the MobilityX Asia, CETA will provide an integrated platform for both public and private stakeholders to collaborate on innovative solutions, driving sustainability and energy security across the region.This year’s event will closely align with Malaysia’s National Energy Transition Roadmap (NETR), positioning CETA as a key driver in the nation’s vision for energy transition. Launched last year by Prime Minister Datuk Seri Anwar Ibrahim, the NETR outlines a comprehensive strategy for achieving net-zero carbon emissions by 2050, and emphasises the importance of balancing economic growth with sustainability and energy security. The Summit will serve as a platform to advance the country’s ambitious green energy agenda while setting a model for the region.McKinsey & Company and Rystad Energy join CETA as Knowledge Partner and Strategic Partner respectively, lending strength to the Summit with their key research and insights.Vishal Agarwal, Senior Partner at McKinsey & Company, stated, “Our assessment shows that in Asia alone, there is a potential for new value pools in green businesses worth $3 to $5 trillion in the next decade. This includes areas such as renewables, green data centres, electrification and transportation, and green materials.”Mel Lanvers-Shah, CEO of The Co_Lab Pte Ltd, the event's owner and organizer, emphasised, “CETA’s alignment with Malaysia’s National Energy Transition Roadmap demonstrates the crucial role that industry collaboration plays in achieving our collective sustainability goals. Together, we can build on the NETR's vision and extend its impact across Asia through the CETA platform.”Key themes addressed at the Summit include Policy & Energy Leadership, RE Ramp Up, The Hydrogen Economy, Financing Zero, Carbon, Transition Bridge and CASE Mobility Futures (a Connected Autonomous Shared Electric Mobility future for ASEAN).The Summit sessions will include top-level Ministerial Keynotes, Global Leadership Keynote Addresses, Global Leadership Panels and invitational Minister CEO Leadership Roundtables.Vijay Krishnan, Partner and Head of Asia Pacific at Rystad Energy, who is also speaking at the CETA Summit, noted,“Rystad Energy anticipates a continued rise in emissions, but expect them to decline afterward. Unfortunately, some key developed nations have shifted focus away from decarbonisation, emissions management and ESG principles. This shift in rhetoric is beginning to impact ASEAN, which is a significant concern we are committed to addressing at CETA.”“CETA's emphasis on adopting a whole-of-energy approach mirrors Malaysia’s NETR goals, particularly in its focus on balancing the development of clean energy technologies with the responsible use of hydrocarbons,” added Mel Lanvers-Shah.“Through innovative discussions and partnerships, the summit aims to accelerate the deployment of renewable energy projects, such as solar and wind, while fostering technologies like carbon capture and storage (CCS) to ensure a smooth transition in line with Malaysia's 2050 net-zero ambitions.”The IGEM, CETA and MobilityX Exhibition will feature over 500 exhibitors and sponsors, and is expecting an audience size of nearly 50,000 attendees, including energy professionals from across the region, with a view to exploring and procuring critical solutions that will help them grow their businesses.Organised by The Co_Lab Pte Ltd, CETA is held under the patronage of the Ministry of Natural Resources and Environmental Sustainability (NRES), with the Malaysian Green Technology and Climate Change Corporation (MGTC) as its strategic partner and PETRONAS as its Industry Patron.To register and for more information, please visit www.ceta.asiaAbout CETAThe Clean Energy Transition Asia (CETA) Exhibition and Summit is the premier event in Asia focused on driving the region’s energy transition by uniting the clean energy and hydrocarbon sectors. CETA aims to accelerate sustainability efforts across the region by aligning with national strategies, such as Malaysia’s NETR, to ensure a just, secure, and affordable future for all.Co-located with the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) 2024 and MobilityX, CETA is under the esteemed patronage of the Ministry of Natural Resources and Environmental Sustainability (NRES) Malaysia.Adopting an integrated, whole-of-energy approach, CETA will bring together the clean energy and hydrocarbons sectors through an exhibition and summit focused on four key pillars critical to the region's energy transition: Renewable Energy Ramp-Up, Hydrogen, Carbon, and Transition Fuels. About IGEMIGEM has established itself as Southeast Asia’s largest trade event for green technologies and eco solutions. Over the years, IGEM has successfully generated close to RM41 billion in business leads since its inception in 2010. To date, IGEM has attracted over 530,000 visitors, including delegates, dignitaries, and companies from more than 112 countries. For media enquiries, please contact marcomms@ceta.asia. Copyright 2024 ACN Newswire via SeaPRwire.com.
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