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- Some 40 leaders of business and academia explored Hong Kong-Jiangsu collaboration in finance, I&T, sustainable development, culture and creativity- Exhibition showcased Hong Kong’s professional services, creative designs and I&T projects. Some 400 business matching meetings were facilitated- Some 30 Hong Kong pitched to Jiangsu investors, while 60+ Hong Kong exhibitors highlighted their diversified services and advanced scientific researchHONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Department of Commerce of Jiangsu Province as well as Hong Kong and Macao Affairs Office of Jiangsu Provincial People’s Government, concluded in Nanjing today.Centred around innovative collaboration for high-quality development, some 40 leaders of business and academia explored Hong Kong-Jiangsu collaboration in the areas of financial services, innovation and technology (I&T), sustainable development, culture and creativity.The opening ceremony was officiated by Hong Kong Special Administrative Region (HKSAR) Government Financial Secretary Paul Chan, Jiangsu Provincial People’s Government Vice Governor Fang Wei and HKTDC Chairman Dr Peter K N Lam.In his welcome remarks, Dr Lam said Jiangsu’s development positioning of one centre, one base, one hub and Hong Kong’s eight centres lay the foundation for the two places’ complementary growth. Jiangsu enterprises are encouraged to leverage Hong Kong’s professional services for business transformation and international expansion.“The HKTDC has proactively facilitated business and trade collaboration between Jiangsu and Hong Kong, in particular through the Jiangsu-Hong Kong Cooperation Joint Meeting. We have strengthened trade-related cooperation in the areas of manufacturing and supply chains, modern service industries and two-way investment. Our collaboration has now been extended to the areas of I&T, green development, culture and talent exchange. At this year’s SmartHK, we discussed finance, I&T, sustainable development, culture and creativity to showcase Hong Kong’s strengths. By focusing on I&T project matching, we’ve explored new modes of bilateral collaboration.”Mr Paul Chan said in his opening remarks: “Jiangsu and Hong Kong have a long history of cooperation, given strong bilateral economic and trade ties and frequent cultural exchanges. Many Hong Kong entrepreneurs invest and start businesses in Jiangsu. As of last year, they have invested in more than 35,000 projects. Nearly 2,300 Jiangsu businesses have set up in Hong Kong, while more than 100 Jiangsu companies are listed in our city, with a market value of more than HK$660 billion. The trade volume between Jiangsu and Hong Kong exceeded CNY85 billion in 2023, a nearly 35% increase year-on-year. Over the years, cooperation between Jiangsu and Hong Kong in finance, innovation and technology, education, culture and youth exchange, among others, has continued to deepen.”Mr Fang Wei said: “Technological innovation is key to driving high-quality development. Jiangsu’s market and industrial advantages and Hong Kong’s scientific research and financial advantages can accelerate the pace of innovation across industries and enable China to be self-reliant in the area of science and technology. As super connector, Hong Kong can link Jiangsu with global markets. Leveraging our respective strengths, we look forward to deepening our cooperation in trade and investment, work together to explore Belt and Road markets, among others, and accelerate national development.”Henry Tang, Chairman of The West Kowloon Cultural District Authority Board; Nancy Ip, President of The Hong Kong University of Science and Technology (HKUST); Gilbert Lee, Head of Strategy & Planning and Chief of Staff to the Chief Executive of Hang Seng Bank Limited, Non-executive Director of Hang Seng Bank (China) Limited, and Chairman of Hang Seng Indexes Company Limited; Roger Chen, Managing Director of China of CLP Holdings Limited; and Chen Shu, President of Jiangsu Soho Holdings Group, discussed the roadmap for Hong Kong-Jiangsu development. They shared their insights about the cultural industry, I&T, cross-border green finance, sustainable energy and success stories from previous collaborations between Hong Kong and Jiangsu.The HKTDC joined hands with InvestHK, HKSAR Innovation and Technology Commission, the Federation of Jiangsu Community Organisations, Jiangsu Development and Reform Commission, Jiangsu Provincial Department of Science and Technology, Industry and Information Technology Department of Jiangsu, Department of Ecology and Environment of Jiangsu Province, Jiangsu Provincial Department of Culture and Tourism, Jiangsu Provincial Financial Regulatory Administration, Jiangsu Federation of Industry and Commerce, Jiangsu Youth Federation as well as Jiangsu Sub-council of China Council for the Promotion of International Trade to host four thematic sessions. Industry experts discussed business opportunities in financial services, I&T, sustainable development, culture and creativity.Green development was a key topic for this year’s SmartHK. The “Green and Sustainable Development” thematic session, exclusively sponsored by Hang Seng Bank Limited, SmartHK’s Diamond Sponsor and Cross-Boundary Green Finance Partner, focused on exploring the green and sustainability development needs and cooperation opportunities between Hong Kong and Jiangsu.Ryan Song, Vice-Chairman and Chief Executive of Hang Seng Bank (China) Limited, delivered opening remarks for the session. Dr. Shelley Zhou, Head of Corporate Sustainability of Hang Seng Bank Limited, delivered a keynote speech titled on market trends and international standards of green finance and sustainable development”.Chan Pui-cheong, CEO of the Hong Kong Quality Assurance Agency; Arthur Lam, Co-Founder and CEO of Negawatt Utility Limited; Angus Wong, Managing Director for Wholesale Client Coverage of Hang Seng Bank Limited; Christopher Lau, Executive Director of Gold Peak Technology Group Limited; and Liu Changliang, Director of Sustainability of the Nanjing Iron and Steel Company Limited, discussed other topics including “Green and Development Certification Services and the Importance of ESG Information Disclosure in the International Market”; “Achieving Carbon Neutrality with the Help of Green Technologies”; “Business Expansion with the Help of Sustainable Financing”; “Green Transformation of Hong Kong Manufacturing Industry” and “Jiangsu Enterprises’ Green Finance and Green Businesses’ Needs”. The panel speakers also explored Hong Kong-Jiangsu cooperation opportunities in green finance and sustainable development.Some 30 start-ups from HKUST, The Hong Kong Polytechnic University, The Chinese University of Hong Kong and InnoClub, co-created by the HKTDC and Hang Seng Bank Limited, took part in a Smart+ pitching session to present their latest innovative solutions to Jiangsu investors and partners.To foster collaboration opportunities, a hallmark of HKTDC events, some 400 business matching meetings were facilitated to connect Jiangsu and Hong Kong companies.An exhibition of over 60 enterprises and start-ups showcased Hong Kong’s latest I&T products and services.WebsitesSmartHK: https://smarthk.hktdc.com/Photo download: https://bit.ly/3AER6D5SmartHK was held in Nanjing on 28 August.Jiangsu Provincial People’s Government Vice Governor Fang Wei (front, fourth from the right) and HKTDC Executive Director Margaret Fong (front, fourth from the left) attended the 12th Jiangsu-Hong Kong Cooperation Joint Meeting.Hong Kong SAR Government Financial Secretary Paul Chan (front, sixth from the left), Jiangsu Provincial People’s Government Vice Governor Fang Wei (front, seventh from the left), HKTDC Chairman Dr Peter K N Lam (front, fifth from the left), and HKTDC Executive Director Margaret Fong (front, fourth from the left) attended SmartHK.Hong Kong SAR Government Financial Secretary Paul ChanHKTDC Chairman Dr Peter K N LamJiangsu Provincial People’s Government Vice Governor Fang WeiChairman of The West Kowloon Cultural District Authority Board Henry Tang discussed cooperation opportunities between Jiangsu and Hong Kong in the areas of culture and creativity.(Starting second from left) Nancy Ip, President of The Hong Kong University of Science and Technology; Gilbert Lee, Head of Strategy & Planning and Chief of Staff to the Chief Executive of Hang Seng Bank Limited, Non-executive Director of Hang Seng Bank (China) Limited, and Chairman of Hang Seng Indexes Company Limited; Roger Chen, Managing Director of China of CLP Holdings Limited; and Chen Shu, President of Jiangsu Soho Holdings Group, discussed the roadmap for Hong Kong-Jiangsu development.The Green and Sustainable Development thematic session was exclusively sponsored by Hang Seng Bank Limited, SmartHK’s Diamond Sponsor and Cross-boundary Green Finance Partner, focusing on green and sustainable development needs of and cooperation opportunities between Hong Kong and Jiangsu.Some 30 start-ups from The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University, The Chinese University of Hong Kong and InnoClub, co-created by the HKTDC and Hang Seng Bank Limited, took part in a pitching session to present their latest innovative solutions to Jiangsu investors.Media enquiriesPlease contact:Xinhua Daily (PR agency)Li JiaweiTel: (86) 15995295632Email: 1360342750@qq.comYu YanTel: (86) 13584019845Email: 422791094@qq.comThe HKTDC’s Communications & Public Affairs Department (Headquarters, Hong Kong):Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgSam HoTel: (852) 2584 4537Email: sam.sy.ho@hktdc.orgThe HKTDC’s Communications & Public Affairs Department (Shanghai):Sun PingTel: (86) 21-63528488 Email: p.sun@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.

- The 9th Belt and Road Summit, co-organised by the HKSAR Government and the HKTDC, will return on 11 and 12 September (Wednesday to Thursday)- This year marks the 75th anniversary of the founding of the People’s Republic of China. As part of celebration activities, the Summit is themed Building a Connected, Innovative and Green Belt and Road. It will gather over 80 key officials and business leaders from Belt and Road countries and regions to explore cooperation opportunities- A brand-new Green Chapter is added this year, aligning with the Summit theme to feature a variety of thematic sessions on green development and innovationHONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - The Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and Hong Kong Trade Development Council (HKTDC), will take place on 11 and 12 September.Themed Building a Connected, Innovative and Green Belt and Road, the Summit will bring together over 80 key officials and business leaders from Belt and Road countries and regions, they will be engaged in discussions on leveraging Hong Kong's unique advantages to jointly explore Belt and Road markets and uncover cooperation opportunities.The Summit is a key platform for Hong Kong to promote the Belt and Road Initiative (BRI), closely aligned with the eight major steps announced by President Xi Jinping last year to support high-quality Belt and Road cooperation.The Opening Session will feature welcome remarks by Dr Peter K N Lam, Chairman of the HKTDC and opening remarks by John Lee, Chief Executive of the HKSAR. Nurlan Baibazarov, Deputy Prime Minister and Minister of National Economy of Kazakhstan, will give a keynote address.Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR Government, said: "As our country's Belt and Road Initiative enters its next golden decade and the Third Plenary Session of the 20th Central Committee of the Communist Party of China has proposed improving the mechanism for high-quality Belt and Road cooperation, Hong Kong, with the solid support of the nation, will continue to capitalise on our unique advantages under one country, two systems to play a more active role by leveraging its strengths as a two-way global investment and trade hub, a hub for technological innovation and green development and an international cultural exchange centre. The Belt and Road Summit will deepen international business cooperation and consolidate Hong Kong's position as the preferred business platform for the Belt and Road Initiative, fully demonstrating Hong Kong's important functions and positioning in global finance, business cooperation, people-to-people exchanges, innovation and technology development, guiding enterprises to explore new business opportunities."Dr Peter K N Lam, Chairman of the HKTDC, said: "With the support of its global network of 50 offices, the HKTDC organises business delegations and outreach activities to Belt and Road countries and regions, promoting tripartite cooperation among Mainland Chinese and Hong Kong professional service providers, investors and Belt and Road project owners. The HKTDC also enables businesses to leverage their own strengths to help Hong Kong play the role of superconnector, linking China with the world. We will continue to seize the opportunities at this year's Belt and Road Summit to strengthen connections with ASEAN and Belt and Road countries. We will also set up new consultant offices in Dhaka of Bangladesh and Phnom Penh of Cambodia, further expanding our network along the Belt and Road."Seizing opportunities and deepening networks in emerging marketsThe ASEAN region is Hong Kong's second-largest trading partner and the world's fifth-largest economy. Last year, the bilateral trade value reached US$144.6 billion, accounting for nearly 13% of Hong Kong's total foreign trade. The development potential is enormous. Last month, John Lee, Chief Executive of the HKSAR, led a HKTDC delegation to Laos, Cambodia, and Vietnam, the three ASEAN countries. The visit was highly fruitful, with 55 cooperation MoUs signed, further expanding Hong Kong's network in the region. Seven of these MoUs were signed between the HKTDC and relevant chambers of commerce, governments, and organisations in the three countries, further strengthening Hong Kong's ties with the regions for future Belt and Road development.Following the recent fruitful ASEAN mission to Laos, Cambodia and Vietnam led by Mr Lee, the Summit will focus on ASEAN and emerging markets in the Policy Dialogue and Business Plenary on day one, with the participation of ministerial-level officials and business heavyweights. The second day's Business Plenary will cover the Middle East and adjacent regions.In May this year, a Mainland-Hong Kong business delegation led by the Department of Taiwan, Hong Kong and Macao Affairs of the Ministry of Commerce of the People's Republic of China and the Belt and Road Office of the Commerce and Economic Development Bureau of the HKSAR Government, co-organised by the HKTDC and the China International Contractors Association, visited Hungary and Kazakhstan to explore Belt and Road business opportunities. Senior officials and business leaders from these two countries will attend the Summit, to strengthen their ties with Hong Kong. Among the speakers, Nurlan Baibazarov, Deputy Prime Minister and Minister of National Economy of Kazakhstan, will deliver a keynote address, while Peter Fekete, Group CEO of 4iG, will participate in the second day's Business Plenary.Debut Green Chapter to showcase Hong Kong advantages in greentech and financeHong Kong's green finance development has been thriving, with the scale of green financing continuing to expand. In 2023, the total amount of green and sustainable debt issued in Hong Kong surpassed US$50 billion. Among this, the total amount of green and sustainable bonds arranged for issuance in Hong Kong ranked first in the Asian market, accounting for 37% of the total. This has attracted a wealth of green capital and financial products, giving Hong Kong a significant advantage in developing into an international green technology and finance centre. Additionally, the Clean Air Plan for Hong Kong 2035 covered six major areas – green transport, liveable environment, comprehensive emissions reduction, clean energy, scientific management, and regional collaboration – reflecting Hong Kong's determination to proactively address the challenges of climate change.In view of the growing global focus on green development and the tremendous strides Hong Kong continues to make in that regard, the Summit will debut the Green Chapter, featuring thematic sessions on green construction, innovation, finance and more, enabling participants to explore how to leverage the Hong Kong platform to make their business greener. The co-organising institutions include the China International Contractors Association, HSBC and HKMA Infrastructure Financing Facilitation Office.As the BRI continues to drive regional development, the Business Plenary on the first day of the Summit, themed Capturing Belt and Road Business Opportunities, will explore promising prospects from rapidly rising ASEAN, building on concrete achievements in the past years. The focus will be on Hong Kong’s role in facilitating multilateral business cooperation as well as the strategies global enterprises are adopting under the latest global landscape.The session will be moderated by K C Chan, Chairman of WeLab Bank. Speakers will include Clara Chan, CEO of Lee Kee Group; Dato’ Seri Cheah Cheng Hye, Co-Chairman and Co-Chief Investment Officer of Value Partners Group; Ding Yanzhang, Chairman of Power Construction Corporation of China; and Shinta Widjaja Kamdani, CEO of Sintesa Group.The Business Plenary on the second day will be themed Tapping the Markets of New Opportunities. The session will be moderated by Ronnie C. Chan, Honorary Chair of Hang Lung Properties Limited. H.E. Mohamed Abduljabbar Alkoheji, Second Vice Chairman of the Bahrain Chamber of Commerce & Industry; Bonnie Y Chan, CEO of Hong Kong Exchanges and Clearing Limited; Peter Fekete, Group CEO of 4iG; Eric Ip, Group Managing Director of Hutchison Port Holdings Limited; and Iqbal Khan, CEO of Fajr Capital, will explore arising opportunities in the Middle East and other markets along the Belt and Road.This year, the Summit will feature two new thematic sessions: Multi-dimensional Connectivity under the Belt and Road Initiative and People-to-People Exchanges through Business and Cultural Collaboration. In the former session, experts from industries such as shipping, ports, airports, logistics and trade will jointly discuss and delve into the progress and development potential of connectivity among transportation networks. The latter session, co-organised by Standard Chartered Bank (Hong Kong) Limited, aims to explore ways to enhance interconnectivity, mutual understanding and friendly relations among countries within the Belt and Road Initiative through economic and trade cooperation, as well as cultural exchanges.Other thematic breakout sessions include Mainland-Hong Kong Trade In Services Symposium co-organised with the Ministry of Commerce of the People's Republic of China as well as a session on legal cooperation co-organised with the Department of Justice of the HKSAR Government.As part of the Finance Chapter, co-organised with the Insurance Authority, Financial Services Development Council, Bank of China (Hong Kong), HKMA Infrastructure Financing Facilitation Office and Hong Kong Cyberport Management Company Limited, four sessions will analyse opportunities of leveraging Hong Kong's financial services. For the Youth Chapter, young business leaders will share how they seize opportunities under the BRI.Connecting global enterprises to facilitate business matchingThis year’s Summit will continue to offer investment and business matching. Business matching meetings will provide a full range of services in both physical - 11 and 12 September - and online - 16 and 17 September - forms.More than 280 investment projects are expected to me matched, with more than 800 one-to-one project matching meetings taking place. The deal-making service includes one-to-one business matching meetings and project investment sessions. Business matching meetings connect participants based on investment preferences and business expertise to facilitate collaboration opportunities.Project investment sessions enable project owners from different countries to present projects, giving investors and service intermediaries a comprehensive understanding of the investment opportunities in different sectors. Project investment sessions will focus on four main areas: energy, natural resources and public utilities; innovation and technology; urban development; and transport and logistics infrastructure.The Summit’s exhibition area will gather over 100 exhibitors across the Hong Kong Zone, Global Investment Zone and InnoTech Zone. The Hong Kong Zone will showcase the services and business advantages of Hong Kong service providers, while the Global Investment Zone will present large-scale investment projects, cultural and technological developments as well as global investment opportunities. The InnoTech Zone will feature cutting-edge innovations, AI, technologies and solutions from exhibitors around the globe.The 9th Belt and Road SummitDate11 to 12 September 2024VenueHall 5B-E, Hong Kong Convention and Exhibition CentreRemarksVideo and audio recordings at the Forum should be used only in the context of media reportingMedia RegistrationPlease contact awong@yuantung.com.hk or lsong@yuantung.com.hk for media registrationWebsitesBelt and Road Summit: https://www.beltandroadSummit.hk/conference/bnr/enProgramme:https://www.beltandroadsummit.com/conference/bnr/en/programmeSpeaker list: https://www.beltandroadsummit.com/conference/bnr/en/speakerMedia representatives who would like to conduct interviews with the speakers, please submit interview requests to awong@yuantung.com.hk or lsong@yuantung.com.hk by 6 September.Photo download: https://bit.ly/4g2t70HThe 9th Belt and Road Summit will be held on 11-12 September at the Hong Kong Convention and Exhibition Centre. The Summit will bring together over 80 government officials and business leaders from around the world to share their insights and expertiseMedia enquiriesYuan Tung Financial Relations:Anson WongTel: (852) 3428 3413Email: awong@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.

BENGALURU, INDIA, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - As India rises as a leading hub for technological innovation, the 12th Global Edition of the World CX Summit and Awards, hosted by Trescon, will examine the evolving customer experience (CX) landscape. Scheduled for 19 September at JW Marriott Hotel, UB city, Bengaluru, this summit will gather over 200+ top-notch CX Leaders & Marketing enthusiasts will be sharing actionable insights and discuss successful use cases that are shaping the future of CX.In light of the recent technological disruptions, including a significant outage that impacted millions of users, and the challenges faced across different industrial verticals, the importance of resilience, effective crisis management, and clear customer communication has become increasingly evident. The summit will address these issues by offering valuable insights into managing crisis effectively and enhancing customer trust through strategic innovations and best practices.Attendees will participate in high-impact sessions, including keynotes, panel discussions and conference, all aimed at advancing the CX landscape through a blend of emerging customer experience solutions and best practices designed to address current challenges and foster future progress.#WorldCXSummit features a dynamic agenda covering essential topics, from implementing strategic generative AI to integrating data analysis, enhancing human-like interactions through Conversational AI, interpreting customer feedback, and more.Among the notable speakers at the event are:Gurpreet Jolly, Head - Customer Experience and Service Delivery, AJIO (Reliance Retail Ltd.)Shruthi Bopaiah, Executive Vice President & Head - Customer Obsession, Axis BankSatish Patil, Director CX, Samsung ElectronicsVishal Bhatia, Chief Digital Officer, Canara BankDeepak Maloo, AVP, Food Strategy, Customer Experience & Restaurant Experience, SwiggyAvijit Mohapatra, Head of Flipkart Customer Experience Transformation, FlipkartVindhya Shanmugam, Senior Director - CX Growth, MyntraPriya Chakravarthy, Vice President - Experience, BluSmartNikhil Godbole, Group Head of Customer Service, JupiterRahul Poddar, Country Head Martech, Narayana HealthRahul Garg, Head – CX, Games 24x7Deepak Nayak, Sr Vice President – Customer Experience, Gameskraft“Customer experience is no longer just a touchpoint but a strategic pillar that drives competitive advantage. The World CX Summit offers a platform where thought leaders and innovators will gather to discuss and demonstrate how superior customer service can be achieved and sustained,” stated Mithun Shetty, Vice Chairman, Trescon. He further added, “By examining real-world use cases and emerging technologies, we will collectively advance our understanding of how to create memorable and impactful customer experiences that foster long-term loyalty,”Sharing the importance of the summit, Aalok R Pradhan, Head - Customer Delight, CX, COE - Digital & AI at TVS said, “World CX Summit in my opinion is a platform which can be leveraged by major CX professionals. This summit aims at new edge CX practices as well as the best-in-class products for CX professional to assess and up their game.”The event will also showcase the much awaited World CX Awards, spotlighting and celebrating the pioneering achievements of the nation’s foremost CX professionals. This segment will honour outstanding leadership and exceptional contributions across various sectors, marking a prominent celebration for the ‘Top 100 CX Leaders Awards’ and ‘Top Marketing Leaders’. Register to attend and to submit your nominations to celebrate with those setting new benchmarks in customer experience and marketing innovation. Secure your place and contribute to the advancement of CX today!About TresconTrescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients. For more information about Trescon, visit: www.tresconglobal.comFor media inquiries and further information, please contact:Vishal S STeam Leader – Media and CommunicationsTresconEmail: vishals@tresconglobal.comMobile: +91-7358680951 Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) has announced its interim results today for the year ended 30 June 2024.The Group recorded revenue at HK$1,822.5 million. Gross profit was HK$637.5 million, with gross profit margin increased by 0.9 percentage points to 35.0% in 2024 from 34.1% in 2023. The increase in gross profit margin was mainly attributable to the easing of key raw material costs.Profit attributable to owners of the Company recorded HK$169.5 million, representing the net profit margin from 8.9% to 9.3%. The Group’s basic earnings per share for the reporting period recorded 16.24 HK cents. Adjusted EBITDA increased by 1.5% to HK$300.3 million compared with HK$295.9 million for the corresponding period of 2023, representing an increase of adjusted EBITDA margin to 16.5% from 15.3%. The above increase in adjusted EBITDA indicated an improvement in underlying profitability and operating businesses of the Group.Review & Prospects of Instant Noodles and Non-Noodles BusinessesDuring the reporting period, revenue from the Hong Kong and other Asia operations for the year was HK$705.9 million. The segment results was at HK$36.9 million due to an increase in depreciation expenses for the new automated and labour-saving smart production lines and a decrease in product sales of the non-noodle business. For the Mainland China operations, revenue of HK$1,116.6 million was recorded for the reporting period, and its segment results increased by 8.0% to HK$173.5 million, mainly attributable to the easing of raw material costs and the implementation of cost-efficient marketing activities.The Group adhered to its premiumisation strategy during the reporting period and launched new products to expand its portfolio to drive the growth of its instant noodles business. The Group continued to promote its signature brands “Cup Noodles” and “Demae Iccho” through the provision of exclusive products to certain key accounts and collaboration with Japanese anime such as “BLUE LOCK”. The Group launched various new flavours under the “Nissin Raoh”, “Nissin U.F.O”, “Fuku” and “Doll” brands to further enrich the instant noodle portfolio, and collaborated with a Japanese anime named “Cyberpunk” for a crossover involving Cup Noodles and Nissin U.F.O in Mainland China. In addition, Nissin Vietnam achieved a good performance during the reporting period.The Group has continued to diversify its product portfolio into non-noodle business to enhance the Company’s overall competitiveness. During the reporting period, the Group extended its focus on its premium frozen food products, offering a wider product range of premium products and further expanded its exposure via various sales channels to drive sales volume. The distribution business in Hong Kong continued to record growth as a result of the revival of inbound tourism during the first half of 2024.The Group also continued to expand the sales channels of the “KAGOME” business in different regions. Meanwhile, “Nissin Granola” continued to gain traction with customer’s support due to their advocacy of health and wellness. Also, the Group has enriched the product range by launching new flavours in the low-fat “Nissin Yogurt” series. “Nissin Koikeya Potato Chips” achieved an outstanding performance as the distribution channels continued to expand. “Nissin Crisp Choco”, the baked corn flakes chocolate snack, continued to receive a positive response from the market. The Company’s green juices series successfully attracted the attention of health-conscious customers with vending machines availability further increasing product exposure.Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “The global economic landscape improved in the first half of 2024, but persistent challenges remained and reshaped global supply chains and consumer consumption patterns in the regions that we were operating.”“We believe that premiumisation and diversification strategies are the keys to achieving growth amid a turbulent and volatile market. Our premiumisation strategy is driving momentum in the Vietnam market. Meanwhile in mainland China, more flexibility is needed in arranging promotion campaigns for our premium products in order to reach out to more target consumers, given the uncertain economic situation. To stay agile in different markets, we strived to enhance and refine our product quality, food safety and innovation capabilities for delivering greater taste experiences to consumers.”“Looking ahead, we remain cautiously optimistic about the long-term development of our businesses and continue to control costs and improve operational efficiency. We will pursue further diversification on our non-noodles business, enriching our product lines to broaden the income base, while entering new markets such as Vietnam, Taiwan and Korea. We will continue to build on our solid foundation to deliver continuous revenue and earnings growth for our customers and shareholders.”- End -About Nissin Foods Company LimitedNissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operates business in other Asian regions including Vietnam, Taiwan and Korea markets.Nissin Foods is a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 日清食品有限公司（「日清食品」或「公司」，连同其附属公司统称「集团」;股份代号：1475）公布截至2024年6月30日止六个月（「报告期」）的未经审核中期业绩。报告期内，集团录得收入1,822.5百万港元，毛利为637.5百万港元，毛利率由2023年34.1%增加0.9个百分点至2024年35.0%。毛利率上升主要由于主要原材料成本缓和所致。公司拥有人应占溢利录得169.5百万港元，纯利率由8.9%上升至9.3%。集团报告期内的每股基本盈利为16.24港仙。经调整EBITDA较2023年295.9百万港元增加1.5%至300.3百万港元，经调整EBITDA利润率由15.3%上升至16.5%。以上有关经调整EBITDA升幅反映集团的基本盈利能力和经营业务有所改善。方便面及非面类之业务回顾及前景于报告期内，本年度来自香港及其他亚洲业务的收入达到705.9百万港元。其分部业绩为36.9百万港元，乃由于全新自动化及节约人力的智能生产线折旧开支增加以及非面类业务的产品销量减少所致。中国内地业务于报告期内录得收入1,116.6百万港元，其分部业绩增长8.0%至173.5百万港元，主要归因于原材料成本下降及实施具成本效益的营销活动。于报告期内，集团坚持高端化策略，并推出新产品以扩展其产品组合，带动其方便面业务的增长。集团继续通过向若干主要客户提供独家产品，以及与日本动画如「蓝色监狱」合作，推广其旗舰品牌「合味道」及「出前一丁」。公司旗下的「日清拉王」、「日清U.F.O」、「福」及「公仔」品牌推出了多个新口味，进一步丰富方便面产品组合，亦与日本动画「赛博朋克」进行「合味道」及「日清U.F.O」的跨界合作。此外，于报告期内，日清越南取得良好表现。集团继续将其产品组合多元化发展至非面类业务，以提升公司的整体竞争力。于报告期内，集团将重心扩展至优质冷冻食品产品，除了提供一系列广泛的优质产品外，亦增加在各种销售渠道的布局，以带动销量。公司亦持续拓展「KAGOME」业务在不同地区的销售渠道。「日清谷物麦片」因客户提倡健康生活而继续受彼等支持。此外，集团亦推出新口味的低脂「日清乳酪」系列，丰富其产品系列。此外，因其分销渠道持续扩张，「日清湖池屋薯片」取得出色的表现。玉米片巧克力零食「日清可可脆批」持续获得市场的正面回响。日清盈优青汁系列成功吸引注重健康的客户群，并透过饮料贩卖机进一步提升产品曝光度。日清食品执行董事、董事长兼首席执行官安藤清隆先生表示：「于2024年上半年，全球经济格局有所改善，但持续挑战仍然存在，并重塑全球供应链及我们经营所在地区的消费者消费模式。」「我们相信高端化及多元化策略是在动荡及波动的市场中实现增长的关键。我们的高端化策略正在推动越南市场的发展动能。同时，在中国内地，鉴于经济形势的不确定性，我们需要更灵活地为我们的优质产品安排推广活动，以接触更多目标消费者。为了在不同市场中保持敏锐度，我们致力提升及完善产质量素、食品安全及创新能力，为消费者带来更美味的体验。」「展望未来，我们对各地区业务的长远发展保持审慎乐观的态度，继续控制成本及改善营运效率。我们致力将业务组合进一步多元化至非面类业务，丰富产品线，以扩大收入基础，同时扩展业务版图及渗透其他地区，如越南、台湾及韩国市场，开拓更多销售渠道。我们将继续稳固基础，开发多元化之产品组合，为客户及股东带来持续的收入及盈利增长。」– 完 –有关日清食品有限公司日清食品有限公司（「日清食品」，连同其附属公司统称「集团」；股份代号：1475）为一间在中国内地及香港知名的食品公司，主要专营优质方便面市场，旗下众多品牌不仅知名度高，且广受顾客喜爱。集团于1984年正式于香港设立营业据点并为香港最大的方便面公司。集团主要生产及销售两个核心企业品牌「日清」及「公仔」，以及多元化的家庭食品品牌组合，出品具标志性和优质的方便面、优质冷冻食品（包括冷冻点心及冷冻面条）并销售和分销其他食品及饮料产品（包括蒸煮袋装产品、零食、矿泉水、酱料及蔬菜产品）。集团五个旗舰品牌「合味道」、「出前一丁」、「公仔面」、「公仔点心」及「福」在香港亦是其各自食品类别中最受欢迎的选择。中国内地市场方面，集团以创新技术推出「ECO杯」概念，销售活动主要集中在中国内地的一线及二线城市。此外，日清食品在其他亚洲地区开展业务，包括越南、台湾和韩国市场。日清食品被纳入五项恒生指数，包括恒生综合指数、恒生综合小型股指数、恒生综合行业指数-必需性消费、恒生港股通消费行业指数和恒生港股通必需性消费指数。日清食品现可通过沪港通及深港通下港股通进行交易。详情请浏览www.nissingroup.com.hk。 Copyright 2024 亚太商讯 via SeaPRwire.com.

SAN MARINO, ITALY , Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - IBA of San Marino, (https://www.iba.sm) an innovation leader in custodial agency and proof of transit technologies for commodities and a subsidiary of Spectral Capital Corporation (OTCQB:FCCN), today announced a strategic licensing agreement with crwdunit, Inc., a wholly owned subsidiary of CrowdPoint Technologies, Inc. This partnership aims to transform IBA’s approach by creating a quantum bridge from Distributed Ledger Technology (DLT) to traditional commodity custodianship using crwdunit’s cutting-edge quantization technology on a decentralized cloud infrastructure.Revolutionizing Asset Management with Quantum TechnologyIBA will utilize crwdunit’s precise asset valuation technology to enhance its operations, offering unprecedented accuracy and scalability in commodity asset management through the use of Quantum Value Units (QVUs). This integration ensures precise and reliable asset management and valuation during transit.Under this agreement, crwdunit technology will help IBA measure the quantization process when data is placed on a decentralized cloud infrastructure using CrowdPoint’s Distributed and Decentralized Quantum Ledger Database (Vogon Cloud). Vogon Cloud, formerly Node Nexus Network (NNN) which was acquired by Spectral Capital last week, combines quantum computing with a high-performance Zaph virtual machine, offering real-time analytics, secure data storage, and superior scalability.Vladimir Lakin, GM of IBA of San Marino, stated, “Our collaboration with crwdunit marks a significant advancement in our use of decentralized technologies and commodity custodianship services. The real-time quantization capabilities will redefine our asset valuation processes, enhancing transparency and security of traditional DLTs.”Nadab U. Akhtar, Co-Founder, President, and COO of CrowdPoint Technologies, added, “This partnership highlights the impact and versatility of our ecosystem in transforming traditional asset management and DLT with cutting-edge quantum technologies.”About IBA of San MarinoIBA of San Marino, a subsidiary of Spectral Capital Corporation (OTCQB:FCCN), specializes in creating custodianship, immutability, transparency, and a quantum bridge to DLT. Focused on leveraging innovation to deliver high-quality custodianship, IBA helps commodity owners worldwide quantize their contribution to a multi-billion-dollar daily commodity-in-transit market, accelerating its annual growth rate and contributing to positive economic impact in developing nations by creating a new kind of financial alpha.About crwdunit, Inc.A wholly owned subsidiary of CrowdPoint Technologies, Inc., crwdunit develops advanced data architecture and quantization solutions for decentralized systems and asset management, driving growth and operational excellence.About Crowdpoint Technologies inc.CrowdPoint is a pioneer in quantum cloud technology, developing Vogon™, a Distributed and Decentralized Quantum Ledger Database (D2/QLDB™). CrowdPoint’s solutions enhance real-time intelligence, data optimization, and edge-computing, benefiting sectors such as energy management and e-commerce.About Spectral Capital CorporationAbout Spectral Capital Corporation: Founded in 2000 and based in Seattle, Washington, Spectral Capital (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. We specialize in Quantum as a Service (QaaS), leveraging our proprietary Distributed Quantum Ledger Database technology (DQ-LDB) to offer secure, advanced storage and computing solutions.Forward Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results 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, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.SOURCE: Spectral Capital CorporationFor Media Inquiries:Andrew BardRubenstein Public Relationsabard@rubensteinpr.com Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Solar District Cooling Group Berhad ("SDCG") is pleased to announce the launch of its prospectus for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities"). The IPO represents a significant milestone in the company’s growth trajectory, allowing SDCG to expand its operations and strengthen its market position in building management system (“BMS”) and solar thermal systems and energy saving services.Mr. Chris Lai Ther Wei, Head of Capital Markets, Mercury Securities Sdn. Bhd.Mr. Chew Sing Guan, Managing Director, Mercury Securities Sdn. Bhd.Mr. Edison Kong, Managing Director, Solar District Cooling Group BerhadMdm. Eileen Liuk, Executive Director, Solar District Cooling Group Berhad[L-R]SDCG and its subsidiaries (“Group”) are principally involved in the provision and maintenance of BMS, solar thermal systems and energy saving services. The Group has a proven track record of enhancing energy efficiency across healthcare, hospitality and industrial sectors. SDCG Group is involved in providing energy performance services to the concession companies that are providing hospital support services for public hospitals. The concessionaires engaged SDCG Group as a subcontractor to carry out energy efficiency work related to the installation of hybrid solar thermal hot water systems, and for some contracts, retrofitting of fluorescent lighting of LED lighting.Mr. Wong Kei Fai, Independent Non-Executive Director, Solar District Cooling Group BerhadMs. Wong Poh May, Independent Non-Executive Director, Solar District Cooling Group BerhadMr. Chris Lai Ther Wei, Head of Capital Markets, Mercury Securities Sdn. Bhd.Mr. Chew Sing Guan, Managing Director, Mercury Securities Sdn. Bhd.Mr. Edison Kong, Managing Director, Solar District Cooling Group BerhadMdm. Eileen Liuk, Executive Director, Solar District Cooling Group BerhadIr. Dr. Khairul Azmy Bin Kamaluddin, Independent Non-Executive Chairman, Solar District Cooling Group BerhadYM Raja Nor Azlina Binti Raja Azhar, Independent Non-Executive Director, Solar District Cooling Group BerhadFollowing the IPO exercise, SDCG is expected to raise RM45.09 million via the issuance of 118.67 million shares at the issue price of RM0.38 per share. The proceeds will be allocated in the following manner:RM1.90 million for the expansion of headquarters in Kajang, Selangor; RM5.00 million for tender bonds and/or performance bonds for future projects;RM18.70 million for the purchase of materials for BMS segment, and solar thermal systems and energy-saving services segment;RM12.67 million for general working capital; RM2.52 million for capital expenditure, including new equipment for BMS, installation and maintenance of solar thermal hot water systems, and purchasing ICT software and services; andRM4.30 million for estimated listing expenses.Applications for the IPO will open at 10:00 a.m. today, following the prospectus launch, and will close on 6 September 2024. SDCG is scheduled to list on the ACE Market on 19 September 2024. At the IPO price of RM0.38 per share, the market capitalisation of the company upon listing will be RM161.05 million.Managing Director of SDCG, Mr. Edison Kong commented, "This IPO represents a significant milestone in Solar District Cooling Group Berhad’s journey. Since 2008, we have been driven by a commitment to innovation, efficiency, and sustainability. Our focus on delivering Building Management Systems and solar thermal technologies has helped us enhance energy efficiency and promote environmental stewardship. With this listing, we look forward to embracing new opportunities and setting new standards in our business. I am deeply grateful to our team, clients, and partners for their continued trust and support.”Head of Capital Markets of Mercury Securities Sdn Bhd, Mr. Chris Lai Ther Wei stated, “We would like to congratulate the Board and the entire team of Solar District Cooling Group Berhad on the successful launch of your IPO prospectus. Well done for reaching another milestone in your corporate journey.”Mercury Securities Sdn. Bhd. is the Principal Adviser, Sponsor, Sole Underwriter, and Sole Placement Agent for SDCG. Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Institute of Directors (“HKIoD”) welcomes(1) The Hong Kong Exchanges and Clearing Limited ("the Exchange")'s proposal to mandate directorship training for first-time directors and require all directors to undergo continuing professional development (“CPD”) training. To further uphold corporate governance standards and director professionalism, HKIoD thinks the Exchange can go further.Dr Christopher To, Chairman of HKIoD, said, “HKIoD welcomes the Exchange’s latest regular exercise to review and update the Corporate Governance Code and related Listing Rules. Although we do not agree with every element of the Exchange’s proposals, we certainly support the notion of making continuing professional development mandatory for all directors.”According to HKIoD, to make true the purpose and effect of continuing training, a board should have a suitable professional development policy for its directors. Continuing training is important for directors to keep up, but it must be distinguished from initial training. For those who do not have directorship training nor experience whatsoever, undergoing initial training on effective directorship and corporate governance is prudent. First-time directorship training should be a prerequisite prior to the director coming on board, however. “The Exchange should go further by encouraging individuals to have become ready for a board seat prior to appointment, rather than to start acquainting themselves with the demands of directorship post-appointment.” Dr To commented.Dr Carlye Tsui, CEO of HKIoD, supplemented, “We believe all company directors, when they first assume their posts, should have a firm grounding of the skills, knowledge and qualities required to meet the corporate governance demands of today. HKIoD long advocates the importance of corporate governance training, and we want to emphasise that proper initial training for first-time directors is one key aspect of the total quality of corporate governance training.”The Institute believes that attaining HKIoD Diploma level credential (or higher) should qualify as initial training now proposed for First-time Directors by the Exchange. The Institute also recommends transition course(s) for credentialed/experienced directors from other markets to help them become familiar with the Hong Kong market. HKIoD will gladly work with the Exchange to design and offer such programmes, and an accreditation regime for directorship training in Hong Kong.On proposals around time commitment and tenure of Independent Non-Executive Director (“INED”), Mr Henry Lai, Past Chairman of HKIoD and current Chairman of the Institute’s Corporate Governance Policies Committee, said, “The emphasis should be on whether the INED and the issuers involved have made an honest assessment as to the ability to devote sufficient time, not a broad-brush requirement on the director to limit the number of INED positions one may hold. Particularly, we do not agree with the Exchange’s proposal which only seeks to limit INED positions one may hold among Hong Kong issuers.” As to the question of how long is too long for an INED, Mr Lai added, “the answer ought to be ‘it depends’. It is the independence of mind that matters, not tenure.”The Exchange would also want issuers without an independent board chair to designate a Lead INED. Due to the many constraints and practical realities now exist in the Hong Kong market, HKIoD believes there are alternatives that can be more effective. “We do not tend to have majority INED in our market. The Lead INED will be chosen from a small group anyway. We should rather empower and encourage all INEDs to collectively perform, to bring the results that are sought under the Lead INED concept. Meetings with shareholders and stakeholders can be set up for all INEDs to take part. There can be an INED report section in the annual report,” Mr Lai commented. “Maybe we should encourage more issuers to have an independent board chair. An independent board chair working together with all the other INEDs can be more helpful,” Mr Lai continued.HKIoD has early on advocated the benefit of moving towards a majority INED, which can make INEDs collectively better able to perform their director roles. With INEDs comprising the majority, their active involvement in board matters becomes more necessary and their time commitment more valued. It should also allow much more room for meaningful rotation and refreshment through careful succession planning.Apart from the above, the Institute expressed support for many changes proposed by the Exchange including mandating board performance review, maintaining a board skills matrix, mandating the annual reviews of the effectiveness of the issuer’s risk management and internal control systems, disclosure of the issuer’s policy on payment of dividends and the board’s dividend decisions, and disclosures in respect of issuers’ modified auditors’ opinion. (1)The full response: HKIoD Response to HKEX ConsultationAbout The Hong Kong Institute of Directors (“HKIoD”)The Hong Kong Institute of Directors (“HKIoD”) is Hong Kong’s premier body representing directors working together to advance corporate sustainability in creating long-term value for companies, their owners, stakeholders, humankind and Planet Earth through advocacy and standards-setting in corporate governance and director professionalism. Led by Founder Chairman Dr The Hon Moses Cheng, HKIoD was founded in 1997. Throughout the years, HKIoD is honoured to have the Chief Executive of HKSAR as the Institute’s Patron. Membership of HKIoD comprises of directors from diverse industries and corporate types and includes Executive Directors, Non-Executive Directors and Independent Non-Executive Directors. With multi-culturalism and international perspectives, HKIoD organises activities that cover director training, seminars and forums, collective director voice, guideline establishment, public education, Award Series for Director Excellence, assessment of Corporate Governance Scorecard for listed companies etc. As a member body of the Global Network of Director Institutes (“GNDI”), HKIoD is committed to global collaboration in promoting good corporate governance and director professionalism. HKIoD is the appointed Host of the Hong Kong Chapter of Climate Governance Initiative, a global network that collaborates with the World Economic Forum in actively promoting directors’ address of the risks and opportunities of climate change.For details please visit: http://www.hkiod.com | http://www.gndi.org | https://climate-governance.org/Media Enquiries: Strategic Public Relations GroupBrenda Chan+852 2114 4396 / brenda.chan@sprg.com.hkThe Hong Kong Institute of DirectorsWing Wong+852 2889 1414 / wing.wong@hkiod.com– End – Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - TRST01, a sustainable tech company that helps businesses meet global sustainability rules while making their supply chains more transparent, trustworthy, and ethical, announces a groundbreaking Memorandum of Understanding (MoU) agreement with the Rubber Board of India to develop and implement a centralised compliance solution for the European Union Deforestation Regulation (EUDR). Through this strategic partnership, TRST01 becomes the first private entity in the world to enter into an MoU with a public entity for a one-stop compliance solution, setting a new standard in public-private partnerships.The MoU underscores the trust and confidence that the Rubber Board of India has in TRST01 as a key player in the sustainable technology space. While other entites have entered into contract-based agreements, this MoU represents a deeper, more integrated collaboration that is poised to revolutionise compliance processes for the Indian rubber industry.TRST01 and the Rubber Board of India will collaborate on geo-mapping rubber-growing land plots to ensure deforestation-free sourcing and responsible practices. This partnership will also develop a Centralized Database to enhance traceability, risk assessment, and compliance with European Union Deforestation Regulations (EUDR) in the rubber industry, with TRST01 as the technology partner. Ultimately, the MoU will help strengthen India's regulatory framework and position India as a global leader in sustainable rubber production.Speaking on the strategic agreement with TRST01, Mr. M. Vasanthagesan IRS, CEO and Executive Director of The Rubber Board, said, "This collaboration with TRST01 is a testament to our dedication to supporting the rubber sector. The initiatives outlined in this MoU will facilitate the exporters to comply with EUDR and make Indian rubber growers globally competitive and get wider opportunities for their produce.""This joint venture is a testament to our commitment to driving sustainability and compliance in the rubber industry," remarked Prabir Mishra, CEO and founder of TRST01. "It is a great honour to partner with the Rubber Board of India as this initiative can serve as a model for other industries and regions.For TRST01, the MoU will demonstrate how public-private partnerships can drive innovation in sustainability. The collaboration represents a shared vision for a sustainable future. It will significantly benefit Indian rubber producers, highlighting how TRST01 can help producers achieve global compliance standards in sustainability.About TRST01TRST01 provides cutting-edge technology solutions that ensure supply chain traceability, accurate ESG reporting, digital measurement of sustainability impacts, and the secure management of carbon credits. TRST01 stands out for its simplicity, adaptability, and focus on creating tangible impacts on sustainability, making it accessible and effective for many users, from smallholder farmers to multinational corporations. It is also at the forefront of the regenerative finance movement, creating financial tools that promote practices that restore rather than deplete the earth's resources.TRST01's approach fundamentally transforms how businesses view sustainability by creating a direct and tangible impact on People, Planet, and Profitability. Our innovations are not just about compliance; they make a sustainable ecosystem where every participant benefits. Visit trst01.com to learn more.About Rubber Board IndiaThe Rubber Board of India, headquartered in Kottayam, Kerala, is a statutory body under the Ministry of Commerce and Industry, Government of India. Established in 1947, it plays a pivotal role in the development of the rubber industry in India. The Board's responsibilities encompass research, development, and extension activities related to natural rubber cultivation, production, and processing. It also regulates the marketing of rubber and ensures fair prices for both growers and consumers. Through its various initiatives, the Rubber Board strives to enhance the productivity and sustainability of the rubber industry in India, thereby contributing to the economic growth of the country.Media Contact:Sheree TanSenior AssociatePINPOINT PR Pte. Ltd.sheree@pinpointpr.sg | pinpointpr.sgSG: +65 8313 9472Hakim IshakAssociatePINPOINT PR Pte. Ltd.hakim@pinpointpr.global | pinpointpr.sgSG: +65 8949 3040 Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 香港董事学会就香港交易及结算所有限公司（「香港交易所」）建议要求首次担任董事的人士接受专业培训，并要求所有董事接受持续专业进修的举措表示欢迎(1)。香港董事学会认为香港交易所可以在董事培训方面再做多一点，以进一步维护企业管治标准和董事专业水平。香港董事学会主席陶荣博士表示：「香港董事学会对香港交易所这一次就《企业管治守则》及相关《上市规则》的定期检讨及更新深表认同。香港董事学会虽然并不是对香港交易所建议的每项内容都表示同意，但我们支持要求所有现有董事接受持续专业进修的观点。」香港董事学会认为，董事会必须为其董事们制定合适的专业培训政策方可实现持续专业进修的目的和绩效。持续专业进修对于董事而言极之重要，大家亦要清楚它与首次培训是分䦕的。对于从未接受专业董事培训或任何经验的人士，接受董事及企业管治的初步专业培训极其关键。董事的首次专业培训是董事上任前的先决条件，陶荣博士因此认为：「交易所应该鼓励有关人士在任命前就应该为加入董事会做好准备，而不是在任命后才开始熟习董事职位的要求。」香港董事学会行政总裁徐尉玲博士补充：「我们相信当公司董事首次上任，都应具备能符合当今企业治理需求所需的技能、知识和素质的坚实基础。香港董事学会一直倡导企业管治的专业培训的重要性，我们想强调的是，为首次担任董事人士提供适当的初步专业培训是为整体企业管治专业进修奠定关键基础。」香港董事学会认为，获得香港董事学会文凭级别证书（或更高级别）便符合香港交易所目前为新任董事建议的初步专业培训资格。香港董事学会亦为来自其他市场的合资格/有经验的董事推荐过渡课程，以帮助他们熟悉香港市场。香港董事学会乐意与交易所合作，设计及提供此类课程，以及在香港设立董事专业培训的资历认证制度。关于独立非执行董事时间投入和任期的建议，香港董事学会前任主席及学会企业管治政策委员会现任主席赖显荣律师认为：「重点应放在董事和相关发行人是否对投入足够时间的能力进行诚实的评估，而不是笼统地限制董事出任独立非执董的数目。我们尤其不同意香港交易所建议只限制出任香港发行人独立非执董职位的数目。另外，对于独立非执行董事的职责，多长时间才算太长的问题，答案应该是『视情况而定』，因为独立思维比任期长短更重要。」香港交易所亦希望没有独立董事会主席的发行人需指定一名首席独立非执行董事。惟由于香港市场目前存在许多限制，以及出于现实情况的考量，香港董事学会相信应该有更有效的建议。赖显荣律师称：「如今市场情况并不倾向于让独立非执董占多数。况且首席独立非执董毕竟是由小众人士所选。相反，我们应该授权并鼓励所有独立非执董共同履行职责，以实现设置首席独立非执董所希望达成的目标。另外，所有独立非执董均可安排与股东及持份者会面，年报内也可增设独立非执董的报告。」赖显荣律师续称：「我们也许应该鼓励更多的发行人设立独立的董事会主席。独立董事会主席与所有其他独立非执行董事携手合作无疑更有效率。」香港董事学会数年前已提倡增加独立非执行董事的人数以全力履行其角色。当独立非执行董事的占比增大，他们参与董事会事务的积极性和时间投入将获得大大提升。通过周详的继任计划，也能使职位更替和更新变得更有意义。除上述内容外，香港董事学会对香港交易所提出的多项改革表示支持，包括要求董事会进行绩效评估、建立及更新董事会技能列表、要求每年检讨发行人风险管理及内部监控系统的有效性、披露发行人的股息支付政策及董事会的派息决定，以及披露发行人经修改的核数师意见。(1)香港董事学会的回应全文: HKIoD Response to HKEX Consultation香港董事学会（简称“HKIoD”，又以下简称「学会」）香港董事学会为香港代表董事共同努力的首要组织，其宗旨是促进企业永续发展职能，为所有公司、其拥有者、持份者、人类以至地球创造持久价值；为达成使命，学会致力于企业管治（「企业管治」又称「公司治理」）及董事专业行为上的倡导及厘定相关标准。学会于1997年由创会主席郑慕智博士带领下创始，多年来非常荣幸获得香港特别行政区行政长官担任学会赞助人。学会会员来自不同行业及公司类别，并包括执行董事、非执行董事、独立非执行董事。学会以多元文化及国际视野进行会务，举办活动包括董事培训课程、研讨会与论坛、董事立场喉舌、指引设定、公众教育、董事嘉奖系列、上市公司管治水平厘定等。作为「董事学会环球网络」（Global Network of Director Institutes 简称“GNDI”)的成员组织，学会投入全球性联手推动优秀企业管治及董事专业行为。学会亦获委派代办「气候管治行动」(Climate Governance Initiative)之香港分部，该行动是与「世界经济论坛」（World Economic Forum）合作的环球网络，积极促进董事们处理气候变化带来的风险与机遇。详情请浏览：http://www.hkiod.com | http://www.gndi.org | https://climate-governance.org/新闻垂询: 纵横公共关系顾问集团有限公司陈 练+852 2114 4396 / brenda.chan@sprg.com.hk香港董事学会王俊泳+852 2889 1414/ wing.wong@hkiod.com Copyright 2024 亚太商讯 via SeaPRwire.com.

SYDNEY, AU, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Cisgenics, a pioneer of world-class sustainable irrigation solutions, has entered the Australian market, introducing their next-generation irrigation solutions which hold the potential to shape the future of water management in Australia. The company is opening its first office in Adelaide and undertaken a number of significant projects including a world-class sporting venue and various projects for the City of West Torrens in South Australia. These projects address urban green space management and water optimisation to maintain lush, inviting landscapes while adhering to strict water conservation mandates.Australia faces pressing challenges such as water overconsumption, frequent droughts, and the resulting heightened risk of fires, all of which threaten the sustainability of agricultural practices, urban green spaces, and notable landmarks. Cisgenic’s flagship solution, CisgenX, derived from over 45 years of experience in irrigation experience across more than 1,000 projects, can help overcome some of these issues. A proven solution, CisgenX will be deployed at some of the world’s most recognisable and photographed locations including, Bay East Gardens, and the Founders Memorial at Singapore's Gardens by the Bay, along with the Nad Al Sheba Road in the UAE."We see a significant market for CisgenX in Australia, where water conservation and droughts are critical concerns,” says Sam Rebera, Managing Director of Cisgenics. "To help local businesses and communities meet their sustainability goals, we are striving to earn the Smart Approved Watermark, which we believe will establish CisgenX as Australia’s leading sustainable irrigation solution. To support this goal and manage the projects we've secured, we are in the process of opening an office in Adelaide."Cisgenics designs solutions to meet the unique needs of various industries, from golf courses and landscapes to agribusiness. Their precision irrigation systems enhance turf health, create water-efficient green spaces in both urban and rural areas, and boost crop yields. CisgenX, utilises advanced IoT (Internet of Things) technology and machine learning algorithms to optimise water, fertiliser, and energy use. This state-of-the-art solution helps optimise water usage and manage plant health.The integration of technologies in the CisgenX solution enables precision irrigation, where machine learning algorithms will work alongside weather data to predict water needs with pinpoint accuracy, significantly reducing water waste. The platform’s advanced sensors and real-time monitoring optimise resource use, saving money, conserving water, and ensuring plant health. Internal studies have shown that CisgenX can cut water consumption by up to 40%, and in some cases, by as much as 70% on traditional methods of irrigation. These significant reductions help clients meet their ESG goals while providing real-time data through IoT sensors that monitor soil moisture and other critical factors."Through our advanced irrigation solutions, we are not only addressing immediate concerns like water scarcity and fire risk but also contributing to a sustainable future for Australia," added Rebera. "Our goal is to support the country’s efforts to manage its natural resources responsibly while ensuring that essential green spaces thrive.”Cisgenics will be showcasing these products and more at the upcoming Irrigation Conference 2024 in Sydney from 2-4 September. Attendees are invited to visit Booth 88 to learn how their solutions can transform irrigation practices in Australia and beyond.About CisgenicsCisgenics is dedicated to revolutionising the irrigation industry through innovative, AI-powered solutions that optimise water and energy use, promote sustainability, and ensure the health and longevity of green assets worldwide. With more than 45 years of experience, Cisgenics combines deep industry knowledge with the latest technological advancements to offer precision, efficiency, and sustainability in water management. Visit cisgenics.com for more information.For more information, please contact:Illka GobiusManaging DirectorPINPOINT PR Pte. Ltd.Email: illka@pinpointpr.globalPhone: (AU) 0429 396 275 or (SG) +65 9769 8370 Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Black Spade Acquisition II Co (the “Company”), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of Black Spade Capital Limited, announced today the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “BSIIU” on August 28, 2024.Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected be listed on Nasdaq under the ticker symbols “BSII” and “BSIIW”, respectively. The offering is expected to close on August 29, 2024, subject to customary closing conditions.The Company’s management team is led by Dennis Tam, Executive Chairman & Co-CEO, Kester Ng, Co-CEO & CFO and Richard Taylor, Co-CEO & COO, each of who served as executive director of or advisor to Black Spade Acquisition Co (“BSAQ”), a SPAC also sponsored by an affiliate of Black Spade Capital Limited. BSAQ completed its $169 million initial public offering in August 2021. In August 2023, BSAQ completed a $23 billion business combination with VinFast, a leading Vietnamese automaker and the first Vietnamese business to list in the U.S. by way of a business combination. Clear Street and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, are acting as joint book-running managers. Latham & Watkins LLP is serving as legal counsel to the Company. Loeb & Loeb LLP is serving as legal counsel to the underwriters.The public offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Clear Street, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, by email at ecm@clearstreet.io, or from the SEC website at www.sec.gov.A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on August 23, 2024. This press release shall not constitute an offer to sell or the 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.(from the left) Kester Ng, Co-CEO and CFO, Dennis Tam, Chairman and Co-CEO,Richard Taylor, Co-CEO and COO– End –About Black Spade Acquisition II CoBlack Spade Acquisition II Co is the second SPAC of its founder, Black Spade Capital and its management team incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. While the Company may pursue an acquisition or a business combination with a target in any business or industry, it believes that the entertainment, lifestyle and technology industries, particularly those that are major beneficiaries of artificial intelligence (“AI”), provide ample business combination opportunities.Forward-Looking StatementsThis press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering, the anticipated use of the net proceeds, and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated.Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Investor Contact:IR@blackspadeacquisitionii.comMedia Enquiries:Strategic Financial Relations Limited Vicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hkLilia YangTel: +852 2864 4833Email: lilia.yang@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.

MANAMA, Bahrain, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Bahrain is gearing up for its second edition of Fintech Forward, which will be programmed by Economist Impact, hosted by Bahrain Economic Development Board (Bahrain EDB) and supported by the Central Bank of Bahrain (CBB) and Bahrain FinTech Bay (BFB). The flagship installment of 2024's Transformation Agenda series will take place on October 2nd and October 3rd, 2024, at Exhibition World Bahrain.Featuring a series of panel discussions, the two-day event will unite global fintech experts with financial institutions, governments, and regulators to tackle trending topics across generative AI, blockchain technologies, cybercrime, open banking, evolving consumer behaviour, the impact of new regulations, as well as best practices in prioritising sustainable financial initiatives. Against a backdrop of these insightful discussions that will deliberate on the evolving advancements and imminent challenges facing the global financial services industry, Fintech Forward will serve as a platform for both strategic collaboration and networking with leading players across the region and beyond.As a singular financial regulator, the CBB has consistently enhanced the competitiveness of Bahrain's financial services sector, supporting the national transition to a digital economy by pioneering new regulatory frameworks and legislation, all while introducing innovative platforms in the likes of the Regulatory Sandbox. Year after year, Bahrain EDB has continued to attract investments into focused sectors in line with national priorities, fostering ongoing discussions with the private and public sectors to create a business-friendly environment backed by progressive legislation. Further driven by a thriving financial services ecosystem that comprises a balanced portfolio of leading international conventional banking institutions alongside new financial players, including crypto asset service providers, digital payment providers, and highly-specialised firms; Bahrain has earned a reputation as a leading hub of fintech in the Middle East and North Africa region.Following the successful inaugural event last year, which secured attendees from across the world, Fintech Forward has cemented itself as a platform for innovative leaders to share experiences, collaborate on learnings, and connect with their peers. Showcasing Bahrain's phenomenal progress in digital transformation, expanding its fintech space, and success in developing a highly skilled talent pool to further fuel the growth of a booming industry, this year's flagship event is expected to be yet another resounding achievement.More information on Fintech Forward 2024, which will be programmed by Economist Impact and hosted by Bahrain EDB, can be found on https://events.economist.com/fintechforward/.For more information, please contact:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.comAbout Bahrain Economic Development Board (Bahrain EDB)The Bahrain EDB is an investment promotion agency with the overall responsibility of attracting investment into the Kingdom and supporting initiatives that enhance the investment climate.The Bahrain EDB works with the government and both current and prospective investors, to ensure that Bahrain's investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.The Bahrain EDB focuses on several economic sectors that capitalise on Bahrain's competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, logistics, ICT, and tourism.For more information on the Bahrain EDB visit www.bahrainedb.comBahrain FinTech BayBahrain FinTech Bay (BFB) provides a physical hub to incubate insightful, scalable and impactful FinTech initiatives through innovation labs, acceleration programs, curated activities, educational opportunities and collaborative platforms. BFB partners with governmental bodies, financial institutions, corporates, consultancy firms, universities, associations, media agencies, venture capital and FinTech startups to bring the full spectrum of financial market participants and stakeholders together.SOURCE: Bahrain Economic Development Board Copyright 2024 ACN Newswire via SeaPRwire.com.

巴林麦纳麦, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) - 巴林正在为第二届“金融科技前沿”大会做准备，该大会将由《经济学人》影响力机构策划，巴林经济发展委员会（Bahrain EDB）主办，并得到巴林中央银行（CBB）和巴林金融科技湾（BFB）的支持。2024年转型议程系列的旗舰活动将于2024年10月2日和10月3日在巴林展览世界举行。本次为期两天的活动将包括一系列的专家讨论，汇聚全球金融科技专家、金融机构、政府和监管机构，共同探讨生成式人工智能、区块链技术、网络犯罪、开放银行、消费者行为变化、新法规的影响以及优先考虑可持续金融倡议的最佳实践等热门话题。在这些深入讨论的背景下，会议将审议全球金融服务行业面临的不断进展和迫切挑战。金融科技前沿大会将成为战略合作和与区域及全球领先玩家进行网络交流的平台。作为唯一的金融监管机构，巴林中央银行（CBB）一直致力于提升巴林金融服务部门的竞争力，通过开创新的监管框架和立法来支持国家向数字经济的转型，同时引入了创新平台，如监管沙箱。多年来，巴林经济发展委员会（Bahrain EDB）不断吸引符合国家优先事项的投资，推动与私营部门和公共部门的持续讨论，以创造一个由进步立法支持的商业友好环境。再加上一个繁荣的金融服务生态系统，该系统包括领先的国际传统银行机构与新的金融参与者，如加密资产服务提供商、数字支付提供商和高度专业化的公司；巴林已经赢得了中东和北非地区金融科技中心的声誉。继去年成功举办首届大会并吸引了来自全球的与会者之后，“金融科技前沿”大会已巩固了作为创新领导者分享经验、合作学习和与同行联系的平台。展示了巴林在数字化转型、扩大金融科技领域以及成功培养高度专业人才方面的显著进展，进一步推动了蓬勃发展的行业，今年的旗舰活动预计将再创辉煌成就。关于由《经济学人》影响力机构策划、巴林经济发展委员会主办的2024年“金融科技前沿”大会的更多信息，请访问 https://events.economist.com/fintechforward/ 。欲了解更多信息，请联系：Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.com关于巴林经济发展委员会（Bahrain EDB）巴林经济发展委员会（Bahrain EDB）是一个投资促进机构，负责吸引投资进入王国，并支持提升投资环境的各项举措。巴林经济发展委员会与政府以及现有和潜在的投资者合作，确保巴林的投资环境具有吸引力，传达关键优势，并识别通过投资实现进一步经济增长的机会。巴林经济发展委员会关注多个经济领域，这些领域利用巴林的竞争优势并提供显著的投资机会。这些领域包括金融服务、制造业、物流、信息与通信技术（ICT）和旅游业。有关巴林经济发展委员会的更多信息，请访问 www.bahrainedb.com。巴林金融科技湾（BFB）巴林金融科技湾（BFB）提供一个实体中心，通过创新实验室、加速计划、策划活动、教育机会和合作平台，孵化具有洞察力、可扩展性和影响力的金融科技项目。BFB 与政府机构、金融机构、企业、咨询公司、大学、协会、媒体机构、风险投资和金融科技初创公司合作，将金融市场的所有参与者和利益相关者汇聚在一起。来源: Bahrain Economic Development Board Copyright 2024 亚太商讯 via SeaPRwire.com.

MALAYSIA, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - MClean Technologies Berhad ("MClean Technologies" or the "Company"), an established provider of precision cleaning and surface treatment solutions, is pleased to announce its financial results for the second quarter ended 30 June 2024 (“Q2 FY2024”). The Company has recorded its second consecutive profitable quarter in the financial year ending 31 December 2024 (“FY2024”), marking a significant turnaround in its financial performance.Datuk Dr. Terence Tea Yeok Kian, the Executive Chairman and Managing Director of MClean Technologies BerhadFor Q2 FY2024, MClean Technologies reported revenue of RM15.5 million, a 30% increase compared to RM12.0 million in the same quarter last year (“Q2 FY2023”). This increase in revenue is largely attributed to stronger demand for the Company’s precision cleaning and surface treatment services. Notably, the Company achieved a profit before tax (“PBT”) of RM1.0 million, a substantial improvement from the loss before tax of RM1.1 million in Q2 FY2023, due to higher revenue in the current quarter and the successful implementation of cost management initiatives.Comparing to the immediate preceding quarter (“Q1 FY2024”), MClean Technologies recorded an 18% growth in revenue from RM13.1 million to RM15.5 million, driven primarily by increased demand for its precision cleaning services. In tandem with this revenue growth, the PBT of the Company surged by 177% in Q2 FY2024, compared to RM0.4 million PBT in Q1 FY2024.For the first six months of FY2024 (“6M FY2024”), MClean Technologies reported revenue of RM28.7 million, a 19% increase compared to RM24.0 million in the same period last year (“6M FY2023”), primarily due to stronger demand for precision cleaning and surface treatment services. The Company’s PBT for 6M FY2024 stood at RM1.3 million, marking a remarkable turnaround from the loss before tax of RM2.2 million in the corresponding period of FY2023. This growth underscores the consistent demand for MClean’s services, particularly in the Hard Disk Drive (HDD) and consumer electronics sectors.With the entry of the new substantial shareholder, Accrelist Crowdfunding Pte. Ltd., a wholly-owned subsidiary of Accrelist Ltd. (“Accrelist”), on 2 July 2024, which currently holds 28.5% stake in MClean Technologies, MClean Technologies aims to leverage on the strategic partnership opportunity that is presented by Accrelist’s extensive expertise in business transformation and growth.Accrelist, listed on the Catalist Board of the Singapore Exchange, is a diversified group with interests in medical aesthetics and injection moulding services, held through its subsidiary, Jubilee Industries Holdings Ltd, which is also listed on the Catalist. With the entry of this new shareholder, MClean Technologies is exploring various synergistic strategies to increase market share, expand customer and sector opportunities, and deepen cost-efficiency efforts through enhanced expertise and talent resource utilisation.Datuk Dr. Terence Tea Yeok Kian, Executive Chairman and Executive Director of MClean Technologies said, “We are very pleased with our performance in the second quarter of 2024, which marks our second consecutive profitable quarter in the current financial year. The strong financial results reflect the hard work and dedication of our team, as well as the strategic decisions we have made to enhance operational efficiency. The successful turnaround of the company demonstrates our commitment to building sustainable growth and profitability. Our focus remains on sustaining this positive momentum and achieving long-term profitability. We are particularly encouraged by the growth in demand for our HDD solutions in Malaysia and Thailand, and we will continue to leverage our strengths to deliver value to our shareholders.”Looking ahead, MClean is dedicated to maintaining its positive momentum and focusing on long-term profitability. The management team is confident that the Company's strategic initiatives, combined with ongoing cost management efforts, will position MClean for continued success in the quarters to come.As of 27 August 2024, the share price of MClean Technologies had closed at RM0.29 as at 5:00 P.M., representing a market capitalisation of RM57.2 million.This press release should be read in conjunction with the full text of the announcement released by MClean Technologies on 27 August 2024 in relation to its interim financial statements for the quarter and six months ended 30 June 2024 which is available on the Bursa website.ABOUT MCLEAN TECHNOLOGIES BERHADMClean Technologies Berhad, is a leading provider of surface treatment, precision cleaning, and packaging services. The Company serves a diverse range of industries, including Hard Disk Drive, Consumer Electronics, and Oil & Gas. With operations in Malaysia, Singapore, and Thailand, MClean is committed to delivering high-quality and reliable services to its clients. For more information, visit http://www.mclean.com.sg/.For more information, please contact:Jazzmin WanTel: +60 17-289 4110Email: j.wan@swanconsultancy.bizStephanie ChowTel: +60 18-314 3933Email: s.chow@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 由黑桃资本有限公司（「黑桃资本」）之附属公司发起的特殊目的收购公司（「SPAC」）Black Spade Acquisition II Co（「本公司」），今天宣布其首次公开发行的15,000,000 单位价格为每单位10.00 美元。这些单位预计将于 2024 年 8 月 28 日在纳斯达克股票市场有限责任公司（「纳斯达克」）上市交易，股票代号为「BSIIU」。每个单位由一股A 类普通股和三分之一的可赎回认股权证组成。受限于若干调整，每一完整认股权证均可以每股11.50 美元的行使价格购买一股A 类普通股。单位分拆后不会发行零碎认股权证，只有完整认股权证方可进行交易。当构成这些单位的证券开始单独交易时，A类普通股和认股权证预计将在纳斯达克上市，股票代号分别为「BSII」和「BSIIW」。根据惯例交易条件，此次发行预计将于 2024 年 8 月 29 日完成。本公司的管理团队由执行主席兼联席行政总裁谭志伟先生、联席行政总裁兼首席财务官吴绳祖先生以及联席行政总裁兼首席营运官Richard Taylor先生带领。彼等各曾担任Black Spade Acquisition Co（「 BSAQ」） 的执行董事或顾问。BSAQ亦是一家由黑桃资本之附属公司发起的特殊目的收购公司。该公司于2021年8月完成了1.69 亿美元的首次公开发行。于2023年8月，BSAQ与越南领先汽车制造商VinFast完成了价值230亿美元的企业合并。VinFast是第一家透过企业合并方式在美国上市的越南企业。Clear Street 和 Cohen & Company Capital Markets （J.V.B. Financial Group, LLC的分部）担任该交易的联合账簿管理人。 Latham & Watkins LLP 担任本公司的法律顾问。 Loeb & Loeb LLP 担任承销商的法律顾问。此次公开发行仅透过招股章程方式进行。招股章程副本可向 Clear Street（收件人：Syndicate Department, 150 Greenwich Street, 45th Floor, New York, NY 10007，或透过电子邮件 ecm@clearstreet.io） 或从 SEC 网站 www.sec.gov 取得。与证券相关的登记声明已向美国证券交易委员会（「SEC」）提交，并于 2024 年 8 月 23日生效。本新闻稿不构成出售要约或购买要约邀请。如根据任何州份或司法管辖区的证券法，在注册或取得资格之前此类要约、邀请或出售属于非法行为，也不得在该州或司法管辖区出售这些证券(左起)联席行政总裁兼首席财务官吴绳祖先生、执行主席兼联席行政总裁谭志伟先生、联席行政总裁兼首席营运官Richard Taylor先生– 完 –关于 Black Spade Acquisition II CoBlack Spade Acquisition II Co 是其创办人黑桃资本及其管理团队成立的第二个SPAC，旨在与一项或多项业务或资产进行合并、股份交换、资产收购、股份购买、重组或类似业务合并。虽然本公司可能会与任何业务或行业的目标进行收购或业务合并，但它相信娱乐、生活时尚和科技行业，特别是那些主要受惠于人工智能（「AI」）的行业，提供了充足的业务合并机会。Forward-Looking StatementsThis press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering, the anticipated use of the net proceeds, and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated.Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.投资者关系查询：IR@blackspadeacquisitionii.com传媒垂询：纵横财经公关顾问有限公司 李惠儿电话：+852 2864 4834电邮：vicky.lee@sprg.com.hk杨丽明电话：+852 2864 4833电邮：lilia.yang@sprg.com.hk网址：www.sprg.com.hk Copyright 2024 亚太商讯 via SeaPRwire.com.