JBM Healthcare Delivers Strong FY2025 Annual Results, Net Profit Surged 51.2% to HK$197.3 Million ACN Newswire

JBM Healthcare Delivers Strong FY2025 Annual Results, Net Profit Surged 51.2% to HK$197.3 Million

KEY HIGHLIGHTS- Revenue up by 20.7% to HK$782.3 million- Gross profit increased by 22.4% to HK$413.7 million- Consolidated profit attributable to equity shareholders grew by 51.2% to HK$197.3 million- The Board recommends a final dividend of HK11.5 cents per share- Flagship proprietary brands Ho Chai Kung, Po Chai Pills, and Flying Eagle Woodlok Oil delivered robust growth through effective brand management campaigns- Concentrated Chinese medicine granules (“CCMG”) remained resilient, providing a steady contribution to overall business performanceHONG KONG, Jun 12, 2025 - (ACN Newswire via SeaPRwire.com) - JBM (Healthcare) Limited ("JBM Healthcare" or the "Company"; Stock Code: 2161, together with its subsidiaries, the "Group"), a leading branded healthcare products marketer and distributor in Hong Kong, today announced the annual results of the Group for the year ended 31 March 2025 ("FY2025" or the "Reporting Period").Despite a lackluster retail environment in Hong Kong, JBM Healthcare delivered a robust financial and operational performance in FY2025. Revenue from the branded healthcare business rose by 20.7% year-on-year to HK$782.3 million. Gross profit grew by 22.4% to HK$413.7 million, while consolidated profit attributable to equity shareholders surged 51.2% to HK$197.3 million.This significant increase in consolidated profit attributable to equity shareholders was driven by robust sales of flagship brands - including Ho Chai Kung, Po Chai pills, and Flying Eagle Woodlok Oil, complemented by the resilient performance of its CCMG business. These strong results underscore the effective execution of the Group’s integrated sales and marketing strategies, and its strategic foresight in capturing growth opportunities in the branded consumer healthcare market across Hong Kong, Macau, and major cities in the Greater Bay Area.The Board recommends a final dividend of HK11.5 cents per share. Including the interim dividend of HK5.5 cents per share already paid, the total dividend for FY2025 will be HK17.0 cents per share.Solid Performance Across Core SegmentsIn the branded medicines business, sales revenue recorded strong growth of 43.2%, propelled by Ho Chai Kung’s sustained market momentum. Ho Chai Kung successfully expanded its market penetration through precisely targeted marketing initiatives that broadened its consumer base while simultaneously reinforcing brand recognition.Sales in the proprietary Chinese medicines segment grew by 5.0% against the backdrop of softened local retail sentiment of Chinese medicines and herbs, driven by the momentum of flagship brands Po Chai Pills and Flying Eagle Woodlok Oil, alongside the resilient performance of the CCMG business. Po Chai Pills enhanced brand visibility through sustained TVC placements and title sponsorship of popular television programs. Meanwhile, Flying Eagle Woodlok Oil reinforced its market position with an integrated campaign themed “Flying Eagle – The Real Master’s Choice”, highlighted by a viral “Flying Eagle Bro” billboard at Tsim Sha Tsui Star Ferry Pier, which tripled brand awareness.In the health and wellness products segment, revenue increased by 44.9%, driven by the steady growth of Oncotype DX Breast Recurrence Score Test (“Oncotype DX”), along with the expansion of our product portfolio and enhanced marketing efforts to meet consumer healthcare demands of the mass market. Oncotype DX has gained increasing recognition among healthcare professionals in Hong Kong and Macau.Capturing the Growth Potential of Cross-Border E-Commerce and TCM SectorThe Group has made steady progress in expanding its online presence on cross-border e-commerce platforms as well as strategically positioned to capitalise on the growing traditional Chinese medicine (“TCM”) sector in Hong Kong and the Greater Bay Area. The Group’s flagship stores on Tmall Global and JD.com have performed strongly, with Ho Chai Kung ranking among the top 10 overseas medicines during the 2024 Double 11 sales event. To drive sustainable growth, the Group is also diversifying into new categories while enhancing both its B2B and B2C sales networks.Strategic Acquisition of Tin Hee TongIn April 2025, the Group completed the acquisition of a 90% stake in Tin Hee Tong Medicine Factory, Limited, whose flagship product, Tin Hee Tong Tin Hee Pills, is a well-recognised brand in Hong Kong and mainland China, particularly among female consumers for its efficacy in regulating the menstrual cycle and supporting reproductive health. The acquisition expands the Group’s proprietary Chinese medicine portfolio and creates synergies by integrating Tin Hee Tong’s brand with the Group’s manufacturing and marketing strengths. Leveraging its expertise in brand management, the Group will launch a comprehensive marketing campaign to boost awareness, enhance engagement, and broaden distribution.Mr. Patrick Wong, Chief Executive Officer of JBM Healthcare, commented, “Amid the challenging retail environment, we delivered strong financial and operational performance, driven by our robust portfolio, the enduring appeal of our flagship brands, and our unwavering focus on operational excellence.”“Looking ahead, we remain committed to disciplined growth and operational excellence. With rising health awareness, increasingly sedentary lifestyles, and an ageing population continuing to fuel demand, we are well-positioned to capitalise on growth opportunities in the consumer healthcare sector. We will continue to sharpen our brand management capabilities, strengthen our core brand equity, expand our product offerings, and extend our market reach.”About JBM (Healthcare) Limited (Stock Code: 2161)JBM Healthcare is a Hong Kong-based company that markets and distributes branded healthcare products across Greater China, Southeast Asia, and other select countries. The Group is a distinctive player in the sector with marketing expertise and heritage in pharmaceuticals that prioritises product efficacy and quality to meet consumers' healthcare needs. As a renowned healthcare brand operator in Hong Kong, the Group carries a wide-ranging portfolio of branded healthcare products comprising branded medicines, proprietary Chinese medicines, and health and wellness products, which include well-recognised household brands such as Po Chai Pills, Ho Chai Kung Tji Thung San, Tin Hee Tong Tin Hee Pills, Flying Eagle Woodlok Oil), Tong Tai Chung Woodlok Oil, Shiling Oil and Konsodona Medicated Oil. JBM Healthcare has been a constituent stock of the MSCI Hong Kong Micro Cap Index since 27 May 2021. For more details about JBM Healthcare, please visit: www.jbmhealthcare.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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10 winners selected at 8th edition of Start-up Express ACN Newswire

10 winners selected at 8th edition of Start-up Express

- On the Final Pitching Day of Start-up Express, 10 winners were selected, with xxx and AniTech Limited receiving the ESG Award and the My Favourite Start-up Award respectively- More than 200 industry players attended, helping start-ups to establish connections and increase exposure, and continue to promote Hong Kong's entrepreneurial ecosystem- Majority of the 10 winners are health tech start-ups, while others represented sectors such as green tech, smart city and AI SolutionsHONG KONG, Jun 12, 2025 - (ACN Newswire via SeaPRwire.com) - 10 start-ups were selected as winners at the eighth edition of Start-up Express, an entrepreneurship development programme organised by the Hong Kong Trade Development Council (HKTDC) which came to a successful conclusion. The ESG Award was presented to Green Vigor Limited in recognition of the best sustainable and socially impactful business solution, and AniTech Limited won the My Favourite Start-up Award as determined through audience live polling. The 10 start-ups will participate in a series of local and overseas business events organised by HKTDC to develop their profiles through building connections, exploring markets, seeking partners and enhancing brand awareness.HKTDC is fully committed to supporting and promoting the development of start-ups, helping them to expand into Mainland and international markets to showcase Hong Kong’s strengths in innovation and technology.Iris Wong, Director of Merchandise Trade and Innovation & External Relations of HKTDC said: “Start-up Express serves as the launchpad for Hong Kong’s brightest tech innovators. As HKTDC’s flagship start-up development programme, our mission is to help local tech start-ups build capability and connections, explore new markets, seek business and funding partners, and enhance their brand awareness. I am proud to share that we have already assisted 70 Hong Kong start-ups to scale-up in Hong Kong and expand into overseas markets since we first held Start-up Express in 2018. Many of these start-ups have achieved remarkable success, earning global awards, securing significant investments, and forming key business partnerships. This demonstrates how the HKTDC platform helps bring Hong Kong start-ups into the limelight and accelerate their success.”This year’s Start-up Express attracted more than 200 applications. The majority of the 10 winners are health tech start-ups while the rest represent green tech, smart city and AI solutions. Booths were also set up during the event enabling the Start-up Express finalists to showcase their businesses to all attendees and participants.Comprehensive range of networking and matching initiatives provided to winning start-upsThe 10 winners were chosen from 20 contestants during the final pitching round with each presenting their innovative business ideas and answering questions raised by the distinguished judging panel. The 10 winning start-ups are: ACTuWISE Limited, Decennium Platforms Limited, AniTech Limited, Digitoe Limited, CELLmeric Limited, RT Healthtech Co. Limited, Firefilm Group Limited, Albacastor Technology Limited, Entoptica Limited and Green Vigor Limited.Click here to download the list of winners and their company profiles.The HKTDC will arrange a series of exposure opportunities for the winning teams to interact with potential investors, buyers and partners.Judges praised the winners for their performance and awareness of market trendsOne of the judges, Herbert Chia, Senior Advisor of Alibaba Cloud (North APAC Region), said: “We are always surprised by the new start-ups in each year's awards. In the face of rapid AI development, many local start-ups have quickly incorporated AI into their business operations, showing that they are innovative, capable and also closely following the market trend.”Another judge, Jimmy Tao, Chairman of Hong Kong Startup Council, said: “The quality of this year's competition is high, with products and services covering different technologies, especially artificial intelligence, green tech and medical innovation. We are pleased to see the new generation of start-ups continue to break new grounds in innovation and technology, demonstrating their unlimited potential and creativity, thereby contributing to society’s advancement. Hong Kong's start-up scene continues to grow vigorously, with a record number of 4,694 start-ups last year, demonstrating Hong Kong's promising outlook and increasing attractiveness to do business and as an ideal to set up a start-up. We believe that this year's winning start-ups will gain valuable opportunities to expand their markets and build networks through Start-up Express.”Start-up Express helps start-ups secure investment and partnership opportunitiesStart-up Express provides extensive promotional opportunities for start-ups with winners able to take part in exhibitions in Mainland China and internationally, attend meetings with investors to learn more about the industry, market trends and investors’ preference.Libpet Tech, a Start-up Express winner in 2024, has recently completed a US$3 million seed funding, and the investment will be utilized for technology upgrades and international market expansion. Jojo Xu, CEO of Libpet Tech, said: "Participating in Start-up Express has given us more exposure and enhanced our brand awareness, as seen from the increased attention from potential customers and investors. We are grateful for the investors' confidence in our company. We will join hands with our public and private partners to integrate robotics into daily life and promote human-centric smart mobility.”The 4th Start-up Express International returns in December with global start-upsThe HKTDC has always given its full support to Hong Kong’s entrepreneurial ecosystem, helping to maintain the city’s status as a competitive business centre and hub for innovation. Start-up Express International was launched in 2022 for overseas early-stage start-ups to share the stage with local Start-up Express winners. The past three editions have attracted participants from around the world, including Australia, France, Germany, Japan, Korea, Turkey, Singapore, United Arab Emirates and the United States. The 4th Start-up Express International will return during Entrepreneur Day in December and the HKTDC will support the winners in setting up their businesses in Hong Kong and to explore the mainland and Greater Bay Area markets.Start-up Express: https://portal.hktdc.com/start-upexpress/Photo download: http://bit.ly/4jPwedcRepresentatives of the 10 winners of Start-up Express took a group photo with the judges and guests. Back row, from left to right: Herbert Chia, Senior Advisor of Alibaba Cloud (North APAC Region), Alan Cheung, Chairman & Managing Director of Grandion Group, Anthony Chan, CEO of Isola Capital, Iris Wong, HKTDC’s Director of Merchandise Trade and Innovation & External Relations, Matthias Knobloch, Managing Partner & CEO of Betatron Venture Group, Lui Tong, Chairman of PRD Angels and Jimmy Tao, Chairman of Hong Kong start-up CouncilStudents from local schools were invited to the Final Pitching Day of Start-up Express to present their innovative solutions. They were mentored by Sarah Tong, co-founder of Big Bang Academy, winner of Start-up Express 2023, who also presented the awardsMore than 200 industry players attended the Final Pitching Day of Start-up Express, giving the opportunity for start-ups to network with investors and business leadersBooths were also set up during the event, where finalists showcased their businesses to all attendees and participantsHKTDC Media Room: http://mediaroom.hktdc.com/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Stanley So Tel: (852) 2584 4049 Email: stanley.hp.so@hktdc.orgKaty Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgSerena Cheung Tel: (852) 2584 4272 Email: serena.hm.cheung@hktdc.orgClayton Lauw Tel: (852) 2584 4472 Email: clayton.y.lauw@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 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 2025 ACN Newswire via SeaPRwire.com.
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This Technology is Conquering the World: Neutrinovoltaics Redefining Global Infrastructure ACN Newswire

This Technology is Conquering the World: Neutrinovoltaics Redefining Global Infrastructure

MUNICH, June 11, 2025 - (ACN Newswire via SeaPRwire.com) - A global energy transition is no longer optional-it's a necessity. But behind the scenes of solar and wind, another technology is entering industrial reality with far greater implications. Neutrinovoltaic technology, developed by the Neutrino® Energy Group, is not a distant concept. It's an operational platform for decentralized, 24/7 energy generation that is now expanding into mobility, aerospace, marine systems, and even high-security communications.Neutrinovoltaic Energy: Quiet, Infinite, Everywhere. Neutrinovoltaic technology converts the kinetic energy of neutrinos and other non-visible radiation into electricity. These omnipresent particles trigger atomic vibrations in a nanomaterial composed of alternating layers of graphene and doped silicon. The resulting resonant frequency is transformed into direct current. Far from ambient energy scavenging, this is a controlled, scalable generation method already powering advanced applications.Power Without Fuel: The Neutrino Power CubeThe Neutrino Power Cube is a compact, modular, and emission-free energy system delivering 5 to 6 kilowatts of continuous power. Weighing just 50 kilograms, it operates silently and autonomously, independent of weather or location. With no fuel, no combustion, and no grid connection required, the Cube holds the potential to decentralize energy infrastructure and become a cornerstone of clean, off-grid power generation worldwide.Autonomous Mobility: The Pi CarThe Pi Car applies neutrinovoltaic integration to electric vehicles. Instead of relying on traditional charging infrastructure, the Pi Car generates power continuously by embedding neutrinovoltaic materials into structural components like the body panels and roof. After an hour in ambient conditions, the vehicle can achieve up to 100 kilometers of additional range. Collaborators include Simplior Technologies for AI-based energy optimization, C-MET Pune for materials development, and SPEL Technologies for battery integration. The concept also supports retrofitting existing EV platforms to enhance range and energy independence.Flight Beyond Limits: Pi FlyPi Fly is Neutrino® Energy Group's aeronautics program, developing UAVs powered by onboard neutrinovoltaic systems and supercapacitor storage. Current prototypes include multirotor and flying wing models. The next phase targets autonomous VTOL aircraft for cargo delivery. Supporting this effort are mobile hydrogen refueling units, also powered by neutrinovoltaics, enabling off-grid aviation infrastructure.Maritime Transformation: Nautic PiNautic Pi brings this energy platform to the sea. Neutrinovoltaic-powered marine vessels are under conceptual development, allowing autonomous navigation without onboard fuel or external charging. The system is particularly suited for long-duration missions, remote operations, and submersible platforms.Communication Breakthrough: Project 12742Finally, Project 12742 explores neutrino-based data transmission. Unlike radio signals, neutrinos pass through dense materials with minimal interference. This allows for real-time, secure global communication even through rock, oceans, or planetary bodies-an enormous leap for high-security and interplanetary data systems.As governments and industries seek viable decarbonization paths, the Neutrino® Energy Group is no longer just proposing solutions-it's deploying them. With a multidisciplinary team of hundreds of researchers, engineers, and scientists from over 40 countries, strategic alliances, and a growing portfolio of high-impact applications, neutrinovoltaic technology isn't coming-it's already here. And it's conquering the world.Neutrino Energy GroupNeutrino Scientific BoardHolger Thorsten Schubart - CEOWebsite: www.neutrino-energy.comContact InformationHolger Thorsten SchubartCEO and member of the Scientific Advisory Boardoffice@neutrino-energy.com+493020924013Related Videohttps://www.youtube.com/watch?v=LiswrRR8H2QSOURCE: Neutrino Energy Group Copyright 2025 ACN Newswire via SeaPRwire.com.
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LEGENDARY HUMANITY Announces Strategic Bitcoin Reserves and Enhancements to the VIVI Token Ecosystem ACN Newswire

LEGENDARY HUMANITY Announces Strategic Bitcoin Reserves and Enhancements to the VIVI Token Ecosystem

SINGAPORE, June 12, 2025 - (ACN Newswire via SeaPRwire.com) - LEGENDARY HUMANITY PTE. LTD. (Headquarters: Singapore, CEO: Takamasa Suzuki) has announced today its asset management strategy utilizing Bitcoin (BTC).This initiative aims to stabilize the long-term value of the VIVI token ecosystem and enhance utility for token holders.This project bridges the gap between the real and digital worlds by integrating Web3 and digital fashion, leveraging AI-powered 3D scanning technology "SCAI" for NFT authentication and fashion RWA. This announcement is part of a strategic initiative to enhance the financial stability and long-term sustainability of the project moving forward.Bitcoin Strategic Reserve PolicyLEGENDARY HUMANITY will strategically accumulate Bitcoin (BTC) in stages using a portion of its internal funds. This Bitcoin initiative is not intended for the sale of financial products for asset management purposes, but rather as part of the project's autonomous financial strategy for the Web3 era.Quarterly Ecosystem Participation RewardsPoint system and incentive exchange based on contributions to the projectEnhancing the value of experiences within the ecosystem and providing new opportunities for participationThrough this dual-pronged strategy of "Bitcoin accumulation × token revenue distribution," LEGENDARY HUMANITY aims to transcend the role of a mere digital fashion RWA project and serve as a "fashion finance infrastructure" that fosters a cycle between fashion culture and RWA.This system is designed as part of the utility value associated with token ownership and is not intended to provide specific investment returns or principal guarantees.Main use cases and benefits of VIVI tokens1. Digital fashion utilityEarly access to limited NFT collections3D avatar customization features in metaverse spacesDiscounts on virtual showroom rentalsThese features are made possible by SCAI's high-definition 3D scanning technology, enabling a digital asset experience.2. Access to physical × digital fusion eventsBased on the number of VIVI tokens held, the following benefits will be provided in stages through a tier system.Tier 1 (50,000 VIVI): Annual fashion event invitation (by lottery)Tier 2 (100,000 VIVI): Side event shipboard party invitation (by lottery)Tier 3 (200,000 VIVI): Rental rights for physical archive itemsWe prioritize compliance with the legal frameworks of Singapore and other countries, collaborating with external law firms to strengthen our ongoing compliance framework. Moving forward, we will continue to strive for the establishment of a safe and sustainable token ecosystem, creating value through both technology and trust.About LEGENDARY HUMANITY PTE. LTD.LEGENDARY HUMANITY PTE. LTD. specializes in AI-powered 3D scanning technology called "SCAI," digitizing human-designed masterpieces and authenticating and storing them as NFTs. Our mission is to connect the value of precious assets to the future.For inquiriesBrand: LEGENDARY HUMANITY PTE. LTD.X: https://x.com/lh_vivi_ Copyright 2025 ACN Newswire via SeaPRwire.com.
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HKTDC Design Gallery x STICKYLINE present: “Love HK” Exhibition ACN Newswire

HKTDC Design Gallery x STICKYLINE present: “Love HK” Exhibition

HONG KONG, Jun 11, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) Design Gallery continues to champion original Hong Kong designs. The annual “Love HK” exhibition returns from 11 June to 6 July, in partnership with STICKYLINE, a prominent creative team in Hong Kong, and will debut their latest artwork, “The Carved Duo”, at the Design Gallery Wan Chai shop, featuring large-scale artistic paper sculptures that capture the essence of a traditional dragon and phoenix grand hall.Carved dragon and phoenix statues were iconic decorations in Hong Kong’s banquet halls during the 1970s. STICKYLINE reimagines these symbols through contemporary geometric paper sculptures, incorporating pixel-like grid patterns into the Design Gallery’s window. This artwork retains the auspicious meanings of the dragon and phoenix while refining their forms, exploring how cultural heritage can evolve within modern contexts.STICKYLINE’s co-founder Mic Leong said, “We are thrilled to collaborate with the HKTDC Design Gallery on the ‘Love HK’ exhibition. In line with the theme, we have created paper sculptures inspired by the traditional dragon and phoenix grand halls found in old restaurants which were used to symbolise the city’s economic boom and opulence. Although modern restaurants have phased out such designs, these motifs are resurfacing in unexpected ways, such as tattoo art, wedding backdrops, and avant-garde photography, reflecting younger generations’ reinterpretation of tradition. Through this piece, we aim to revive the collective memories of old-school restaurants and showcase Hong Kong's unique charm.”In addition to the dragon and phoenix installation, the main entrance of the Design Gallery features a playful paper sculpture of the word “HEY”. Soilworm Lai, Co-Founder, STICKYLINE, explained, “‘HEY’ is a phonetic nod to the word ' (double happiness)’. We aspire to merge modern elements with the traditional dragon and phoenix theme, offering a friendly greeting to visitors.”Curated selection of Hong Kong-themed productsDuring the exhibition, the Design Gallery will feature a curated selection of Hong Kong-themed products, including AMAZING STUDIO Neon Light Hong Kong Metal Badge Pin, CAMEL Modern Hong Kong Culture Glass Vacuum Flask, IRON WORKSHOP Hong Kong Silk Scarf Map, and PLAYFUL SOCKS Dragon Phoenix Happiness Socks.Share on social media for shopping discountVisitors can enjoy an additional 10% discount on purchases during the exhibition by taking photos of the exhibits and sharing these on social media, tagging @HKTDC Design Gallery.Design Gallery Love HK x STICKYLINE – “The Carved Duo” ExhibitionDate11 June – 6 July 2025VenueHKTDC Design GalleryG/F, Hong Kong Convention & Exhibition Centre, 1 Harbour Road, Wan Chai, Hong KongOpening hoursMonday – Sunday & Public Holidays: 10:30am – 7:30pmEnquiries2584 4146 / 2584 4149Websitehttps://hkdesigngallery.hktdc.com/Social MediaFacebook: www.facebook.com/HKTDC.DesignGalleryInstagram: www.instagram.com/hktdc_designgalleryPhoto download: https://bit.ly/4dXb9fzThe HKTDC Design Gallery annual “Love HK” exhibition returns from 11 June to 6 July, in partnership with STICKYLINE, a prominent creative team in Hong Kong, to debut their latest artwork, “The Carved Duo”, at the Design Gallery Wan Chai shop, featuring large-scale artistic paper sculptures that capture the essence of traditional dragon and phoenix grand hallSTICKYLINE, founded in Hong Kong by creative designers Mic Leong (left) and Soilworm Lai (right), creates unique, large-scale polyhedral sculptures that showcase the complexity of creative engineering, mathematics and geometric structuresCurated selection of Hong Kong-themed productsAMAZING STUDIONeon Light Hong Kong Metal Badge PinPrice: HK$78CAMELModern Hong Kong Culture Glass Vacuum FlaskPrice: HK$439IRON WORKSHOPHong Kong Silk Scarf MapPrice: HK$370KONSEPTRemote Control Block Hong Kong TramPrice: HK$799PLAYFUL SOCKSDragon Phoenix Happiness SocksPrice: HK$99YI-MINGPOLA Hong Kong Print Chinese Folding FanPrice: HK$168WebsiteHKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Serena CheungAgnes WatTel: (852) 2584 4272Tel: (852) 2584 4554Email: serena.hm.cheung@hktdc.orgEmail: agnes.ky.wat@hktdc.orgAbout STICKYLINESTICKYLINE, founded in Hong Kong in 2011 by creative designers Mic Leong and Soilworm Lai, creates unique, large-scale polyhedral sculptures that showcase the complexity of creative engineering, mathematics and geometric structures. They transform two-dimensional planes into three-dimensional forms through a process of deconstruction and reconstruction. They have collaborated with international brands including Hermès, Ralph Lauren, and Mercedes-Benz.Discover more at: https://www.stickyline.hkAbout HKTDC Design GalleryEstablished in 1991, the Hong Kong Trade Development Council’s Design Gallery (DG) promotes Hong Kong’s creativity innovation in design. With two physical outlets in Hong Kong and Taobao and JD International online stores, DG helps Hong Kong brands connect and collaborate with buyers to grow and expand in Mainland China and beyond. The DG online shop also provides suppliers with local online sales channels. DG’s entry into the ASEAN market enables Hong Kong brands to connect with overseas consumers and buyers.Discover more at: https://hkdesigngallery.hktdc.com/About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 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. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Blockpass partners with CryptoSwift to deliver global Travel Rule Compliance ACN Newswire

Blockpass partners with CryptoSwift to deliver global Travel Rule Compliance

HONG KONG, June 11, 2025 - (ACN Newswire via SeaPRwire.com) - Identity verification and regulatory compliance provider Blockpass is excited to announce a new partnership as it begins working with CryptoSwift OÜ, the Travel Rule compliance service, to enhance and simplify the process of meeting regulatory standards around the world. This endeavor will see CryptoSwift’s Travel Rule compliance measures added to Blockpass’ suite of regulatory solutions, enabling one-stop access to comprehensive compliance.Blockpass, the Safe Network for Crypto™, has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.Estonian-based CryptoSwift has been working to further crypto compliance since 2022, enabling companies to meet Travel Rule requirements whilst continuing to innovate. The solution focuses on simplicity, security, and efficiency with an easy-to-integrate API. CryptoSwift facilitates the secure transmission of required data between Virtual Asset Service Providers (VASPs) by automating compliance, providing real-time transaction monitoring whilst meeting both FATF guidelines and MiCA regulations, ensuring compliant transfers of digital assets."The Travel Rule is rapidly becoming an essential part of the compliance landscape as more and more countries around the world implement the FATF’s recommendations to secure the crypto space.” said Blockpass CEO Adam Vaziri. “We’re delighted to be working with CryptoSwift towards our mutual goals of facilitating compliance for those innovating or working in crypto.”“Partnering with Blockpass is a natural step forward in our mission to make regulatory compliance seamless for the crypto industry," said Indrek Ulst, Founder and CEO of CryptoSwift. “Blockpass shares our vision of reducing friction without compromising security or compliance. By combining our Travel Rule infrastructure with their leading KYC and AML solutions, we’re enabling crypto businesses to meet global regulatory standards with greater speed, confidence, and simplicity.”With this new partnership, Blockpass brings CryptoSwift’s services to its entire userbase and enables those seeking to comply with the vital Travel Rule recommendations. Through bringing all a company’s compliance needs to one place, Blockpass and CryptoSwift continue to work tirelessly to take the burden of regulatory compliance off the innovators in the crypto space whilst keeping them safe and secured against threats.To further support the Web3 industry, Blockpass has developed the Crypto Travel Rule Hub providing a comprehensive knowledge base, detailed country-specific regulatory insights, and a VASP-to-VASP network to help businesses navigate global compliance.About BlockpassEmbrace seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Built by compliance veterans and crypto-natives, our cost-effective suite lets you automate processes, eradicate fraud, and onboard globally with confidence. Instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, and more. Leverage the Advanced KYC Bot™ for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYC™ to meet Crypto Travel Rule regulations. Navigate evolving standards with our dedicated Travel Rule Hub, a resource for global crypto compliance. Expand your reach effortlessly through our network of one million pre-verified users and three thousand businesses. Join industry leaders like Animoca Brands, Cardano, Polygon, and most crypto launchpads who all partner with Blockpass for trusted compliance and accelerated growth. Join the cutting edge of secure, streamlined onboardings.Learn more and engage the Blockpass team:Website: http://www.blockpass.orgTravel Rule Hub: https://www.blockpass.org/crypto-travel-hub/Email: sales@blockpass.orgAbout CryptoSwiftCryptoSwift is a compliance technology company delivering Travel Rule solutions for the crypto industry. Founded in 2022, CryptoSwift helps virtual asset service providers (VASPs), crypto asset service providers (CASPs), exchanges, and financial institutions meet evolving regulatory requirements such as FATF, MiCA, and TFR standards through a powerful, API-first platform designed for simplicity, security, and scalability. Backed by open-source protocols and led by fintech experts, CryptoSwift ensures compliant crypto transfers without borders or hassle.Whether you’re running an exchange or bridging crypto transfers across various blockchain technologies, CryptoSwift supports your growth with compliance you can trust.Join the CryptoSwift network to enable scalable crypto transactions and stay compliant.Learn more and connect with the CrypoSwift team:Website: https://cryptoswift.eu/Email: sales@cryptoswift.eu Copyright 2025 ACN Newswire via SeaPRwire.com.
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Siapakah yang akan mengukir nama dalam sejarah sebagai “Juara Dunia Pertama”!

Menandakan ulang tahun ke-60 ULTRAMAN, Kejohanan Dunia "ULTRAMAN CARD GAME" yang julung kali diadakan, "ULTRALEAGUE WORLD CHAMPIONSHIP 2026" Disahkan akan diadakan di Tokyo pada Mei 2026! KUALA LUMPUR, June 10, 2025 - (ACN Newswire) - TSUBURAYA PRODUCTIONS Co, Ltd. (Ibu pejabat: Shibuya, Tokyo, Presiden & COO: Masayuki Nagatake) mengumumkan bahawa Kejohanan Dunia "ULTRA LEAGUE WORLD CHAMPIONSHIP 2026" yang pertama bagi permainan kad "Ultraman Card Game" akan diadakan pada 9 dan 10 Mei 2026 selama 2 hari, di Dewan Pameran B Sunshine City di Tokyo, Jepun. Pada tahun peringatan ulang tahun ke-60 siaran asal Ultraman ini, para "Ultra Leaguers" yang telah memenangi pusingan kelayakan dari 23 buah negara dan wilayah di seluruh dunia akan berhimpun dan bertanding dalam pertempuran kad yang sengit untuk merebut takhta "Juara Dunia Pertama"! "Ultra Leaguers" yang terdiri daripada pemain-pemain Teratas dari seluruh dunia berkumpul! Pemain terkuat, yang telah berjaya melepasi pusingan kelayakan yang diadakan di negara dan wilayah di seluruh dunia, akan mengambil bahagian dalam kejohanan ini. Pecahannya adalah seperti berikut. Sebilangan pemain ini akan dijemput sebagai “Pemain Tajaan”, bermakna syarikat kami akan menanggung perbelanjaan perjalanan mereka dan yuran penyertaan kejohanan. "ULTRA LEAGUE WORLD CHAMPIONSHIP 2026" Tinjauan Acara Tarikh Acara:9-10 Mei 2026 Lokasi Acara:Ikebukuro Sunshine City, World Import Mart Building, 4F Exhibition Hall B(3 Chome-1 Higashiikebukuro, Toshima City, Tokyo Jepang) Format Pertandingan:2 Deck BO3 Video Promosi:https://youtu.be/OfIQdj76HfY Laman Web Rasmi:https://ultraman-cardgame.com/page/my/wcs Pecahan Peserta(Jumlah 143 pemain) ・Asia Jepun:32 China:20 Korea:16 Taiwan:11 Hong Kong:11 Singaura:6 Malaysia:6 Indonesia:6 Vietnam:5 Filipina:4 Thailand:6 Australia:4 ・North America Amerika Syarikat, Mexico dan Kanada:12 ・Eropah Itali, negara EU yang lain:4 ※Bilangan slot pemain adalah anggaran dan boleh berubah. ※Sila semak laman web rasmi untuk jadual Kelayakan Kawasan di setiap wilayah. ※Aplikasi "Ultra League" akan digunakan untuk setiap Kelayakan Kawasan. ※Jika penganjur menentukan bahawa terdapat syak wasangka berbilang akaun digunakan untuk memohon, permohonan dan kelayakan untuk menyertai akan terbatal tanpa notis. 「ULTRALEAGUE WORLD CHAMPIONSHIP 2026」Lambang Lambang ini direka bentuk sebagai perisai di atas sfera dengan imej bumi. Kepelbagaian warna menyatakan mesej “Unite” (Bersatu) daripada “Ultra League”. Memperkenalkan Ultra League Judge Program Kami akan melancarkan "Ultra League Judge Program" rasmi, sebelum Kejohanan Dunia. Program ini ialah sistem kelayakan yang direka untuk mewujudkan persekitaran di mana semua “Ultra Leaguers” boleh mengambil bahagian secara adil dan menyeronokkan dalam kejohanan rasmi dan yang disahkan. Hanya pengadil bertauliah yang telah lulus saringan dan ujian yang ketat yang akan layak untuk terlibat dalam pengendalian kejohanan. Sebagai 'Penjaga Permainan,' pengadil bertauliah mengambil peranan penting berikut: Membuat keputusan yang adil berdasarkan peraturan rasmi. Menguruskan kelancaran perjalanan kejohanan. Bertindak balas dengan pantas apabila timbul isu. Memberikan sokongan dan nasihat yang sesuai kepada pemain. Kami telah menyediakan manfaat istimewa, termasuk kad promosi (PR), untuk mereka yang memperoleh pensijilan pengadil. Kami mengalu-alukan permohonan daripada individu yang boleh menyumbang kepada pembangunan Ultra League dan membantu membina persekitaran kompetitif yang sihat. Jadual Peperiksaan dalam talian bermula pada Ogos 2025 dan mereka yang lulus akan diperakui sebagai pengadil rasmi. Mereka yang berjaya memperoleh pensijilan ini akan memulakan peranan sebagai pengadil rasmi, bermula September! Lambang Lambang ini direka bentuk dengan motif penimbang sebagai simbol keadilan, namun ia juga direka untuk memberikan rasa kehangatan. Lambang ini dijadualkan untuk digunakan pada barangan seperti kad promosi (PR), yang akan diedarkan secara eksklusif kepada para pengadil. ULTRAMAN CARD GAME 【Laman Rasmi】 https://ultraman-cardgame.com/ Daftar di sini https://ultraman-cardgame.com/page/my/sign-up ---------------------------------------------------------------------- “Ultraman Card Game” ialah permainan kad yang menggabungkan elemen permainan dan pengumpulan/koleksi untuk kanak-kanak dan orang dewasa, berdasarkan dunia Siri Ultraman. 【Maklumat Produk Permainan Kad Ultraman】 Nama Rasmi: Ultraman Card Game Negara/Rantau jualan: Jepun, China, Korea, Taiwan, Hong Kong, Singapura, Malaysia, Indonesia, Vietnam, Filipina, Thailand, Australia, Amerika Syarikat, Kanada, Mexico, United Kingdom, Itali, Sepanyol, Portugal, Belanda, Jerman, Denmark, Perancis Tempat jualan: Peruncit besar, kedai mainan, kedai khas kad dagangan, dll. di setiap negara. ---------------------------------------------------------------------- 【Rangkaian Produk】 Heroes of Hyper Space【SD01】:Kini Dijual The Bonds of Zero【SD02】:Kini Dijual Guardians of the Earth【BP01】:Kini Dijual Ultraman: Rising【EXD01】:Kini Dijual Vortex of Crimson and Azure【BP02】:Kini Dijual Shadow of Undying Vengeance【BP03】:Kini Dijual Ω to the Future【SD03】:Tayangan pada 25 Julai 2025 (Jumaat) Gleam of Eternal Hope【BP04】:Tayangan pada 1 Ogos 2025 (Jumaat)
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U.S. Polo Assn. Returns as Official Apparel and Jersey Partner for Chestertons Polo in the Park in Downtown London ACN Newswire

U.S. Polo Assn. Returns as Official Apparel and Jersey Partner for Chestertons Polo in the Park in Downtown London

West Palm Beach, FL, June 10, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), proudly served once again as the Official Apparel and Jersey Partner for Chestertons Polo in the Park, one of the world's largest and most iconic polo lifestyle festivals. Held June 6-8, 2025, at the historic Hurlingham Park in the heart of London, this year's edition welcomed over 30,000 attendees across three thrilling days of international polo, sport-inspired fashion, and family-friendly entertainment.U.S. Polo Assn. at Chestertons Polo in the ParkTeam Riyadh and Tournament MVP Cesar Crespo and Arkham Team Punta Cana’s Tommy Severn Battling for the Ball at Chestertons Polo in the Park Wearing the Iconic Double Horsement Logo From Apparel and Jersey Sponsor U.S. Polo Assn.As the Official Apparel and Jersey Partner, U.S. Polo Assn. outfitted all participating teams of the weekend, as well as staff uniforms. The brand also hosted an immersive on-site experience for event attendees, featuring a vibrant U.S. Polo Assn. merchandise tent showcasing official co-branded event apparel, a polo-inspired photo wall, and interactive brand models, along with contests and cap giveaways.Now in its 15th year, Chestertons Polo in the Park is the only polo event played in central London and continues to grow in prestige and popularity as Europe's largest three-day polo and lifestyle event with action-packed polo games, food festivals, luxury shopping, entertainment, and more. The highly anticipated weekend kicked off with International Day on Friday, as England faced Argentina, alongside six world-class polo teams representing different global cities, followed by Saturday's Ladies Day, and the culminating event on Sunday with Finals and Family Day, drawing crowds of polo enthusiasts from the U.K. and across the globe. Team Riyadh won the weekend's tournament against Akrham Team Punta Cana with a score of 10-5, and Cesar Crespo from Team Riyadh was awarded Tournament MVP."Chestertons Polo in the Park is a one-of-a-kind event that brings together the spirit of polo, our U.S. Polo Assn. brand, and the energy of London in a fun, stylish, and accessible way," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the U.S. Polo Assn. brand. "Our sponsorship reinforces the authentic connection between our brand and the sport of polo while helping us further engage U.K. consumers in one of our most important and fastest-growing markets."The global, multi-billion-dollar U.S. Polo Assn. brand continues to expand across the United Kingdom with store openings at McArthurGlen's East Midlands and Cheshire Oaks and additional brick-and-mortar locations planned in the coming years. U.K. consumers can also explore the brand's latest sport-inspired styles for men, women, and children at www.uspoloassn.co.uk."As the strategic partner of U.S. Polo Assn. in the U.K., Chestertons Polo in the Park is an ideal platform to showcase our sport-inspired brand's connection to historic English polo," said Boo Jalil, CEO of Brand Machine Group, U.S. Polo Assn.'s U.K. licensing partner. "This annual celebration not only builds brand visibility in a meaningful way, but also highlights the fun, fashion-forward, and approachable spirit of U.S. Polo Assn."Set against the backdrop of one of polo's most historic venues - Hurlingham Park, where the sport was first played in 1874, the event reflects decades of tradition, including hosting the 1908 Olympic Polo Final and multiple Westchester Cup matches between the United States and England."U.S. Polo Assn. is the perfect fit for Chestertons Polo in the Park, and we value the continued support," said Rory Heron, Managing Director of Sportgate International, the founding organizer of the event. "The brand's meaningful connection to the game and globally recognized style brings authenticity, accessibility, and innovative activations to our spectacular annual celebration of sport and lifestyle in London."Photo Captions:1. Team Riyadh and Tournament MVP Cesar Crespo and Arkham Team Punta Cana's Tommy Severn Battling for the Ball at Chestertons Polo in the Park Wearing the Iconic Double Horsement Logo From Apparel and Jersey Sponsor U.S. Polo Assn.2. U.S. Polo Assn. Merchandise Pop-Up at Chestertons Polo in the Park3. Event Attendees Posing With Models of Official Apparel Sponsor U.S. Polo Assn.4. Chestertons Polo in the Park Player Noor Khadra Signing U.S. Polo Assn. Caps, Given Out at the Spectacular Three-Day Lifestyle Event5. Beautiful Chestertons Polo in the Park Guests Posing in U.S. Polo Assn. Caps, Given Out at the Spectacular Three-Day Lifestyle EventPhoto Credit: Jen DeberignyAbout U.S. Polo Assn.U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890 and based at the USPA National Polo Center in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. 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. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making 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 in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, 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 follow @uspoloassn.About Brand Machine Group (BMG)BMG is an international leader in fashion innovation which has established itself as a vertical manufacturer and global licensing specialist with over four decades of industry experience. Partnering with recognized market leaders, BMG manages a seamless and collaborative process of designing, manufacturing, and delivering quality products while championing the DNA of a diverse portfolio of brands, spanning fashion, sports, outdoor, and homeware including adult fashion, kidswear, and accessories.BMG's portfolio of brands includes U.S. Polo Assn. Penfield, New Balance Kids, Duchamp, Jack Wills, Flyers American Born, Lee Kids, Peckham Rye, Wrangler Kids, Juicy Couture, Franklin & Marshall, Elle Junior and Ben Sherman. BMG reaffirms its commitment to upholding sustainable and ethical business practices by ensuring full transparency throughout its global supply chain, aligning with the ETI Base Code.Visit brandmachinegroup.com and follow @brandmachinegroup. For appointments, contact sales@brandmachinegroup.com.About Sportgate InternationalSportgate International is an international event management and sports marketing agency. Established in 2015, Sportgate International now owns events and consults with companies, luxury brands, world-class venues, tourism boards, and rights holders requiring sponsorship and event expertise. Sportgate International owns a portfolio of luxury events which encourages and enables the world's best brands, top companies, and individuals to further their corporate or personal objectives. The company also works with some of the most high-profile venues in the world, offering original content that enables networking and marketing to specific audiences.For more information, visit sportgateint.com.Contact InformationShannon StilsonVP, Sports Marketing and Mediasstilson@uspagl.com+001.561.227.6994Stacey KovalskyVP, Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036SOURCE: U.S. Polo Assn.Related ImagesU.S. Polo Assn. at Chestertons Polo in the ParkU.S. Polo Assn. Merchandise Pop-Up at Chestertons Polo in the ParkU.S. Polo Assn. at Chestertons Polo in the ParkEvent Attendees Posing With Models of Official Apparel Sponsor U.S. Polo Assn.U.S. Polo Assn. at Chestertons Polo in the ParkChestertons Polo in the Park Player Noor Khadra Signing U.S. Polo Assn. Caps, Given Out at the Spectacular Three-Day Lifestyle EventU.S. Polo Assn. at Chestertons Polo in the ParkBeautiful Chestertons Polo in the Park Guests Posing in U.S. Polo Assn. Caps, Given Out at the Spectacular Three-Day Lifestyle Event Copyright 2025 ACN Newswire via SeaPRwire.com.
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New HKTDC Chairman Frederick Ma keen to promote Hong Kong as best partner for global enterprises ACN Newswire

New HKTDC Chairman Frederick Ma keen to promote Hong Kong as best partner for global enterprises

HONG KONG, Jun 9, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC)’s new Chairman Prof Frederick Ma met with media today, outlining the HKTDC’s strategic direction to help Hong Kong enterprises navigate global challenges and seize new opportunities.Prof Ma said: “The international trade landscape is turbulent, and enterprises urgently need to reassess their development strategies. As both a springboard for the country and an international hub, Hong Kong possesses the unique advantages of internal and external connectivity and is poised to play a pivotal role in the new trade landscape.”He pointed out that HKTDC will help Hong Kong businesses connect globally and turn challenges into opportunities. Through three strategic directions —1) reinforcing Hong Kong’s role as a superconnector and super value-adder to highlight its international status and deepen ties with global markets, 2) building a multinational supply chain management centre, and 3) promote trade digitalisation to position Hong Kong as the best partner for global enterprises, helping SMEs to stand out in an ever-changing world.The HKTDC will leverage its network of 51 offices globally and 49 Hong Kong business associations to support enterprises in exploring new markets and enhancing competitiveness. Prof Ma said: “Hong Kong has always been a city of opportunities. The HKTDC will stand side by side with Hong Kong businesses, seizing opportunities in an ever-changing world, integrating Hong Kong into national development and telling the good stories of Hong Kong and Mainland China.”Five directions to forge a new chapter for Hong Kong1.Advancing our strengths in internal and external connectivity and leveraging our global network, enhancing overseas visits and flagship promotions: Reviewing the HKTDC’s global network of 51 offices to reinforce our work in key markets and enhance Hong Kong’s international competitiveness. The HKTDC will continue organising more trade missions to tell the good stories of Hong Kong and Mainland China. A prime example is our flagship campaign Think Business, Think Hong Kong, which will be held in Milan, Italy in November.2.Optimising existing flagship events: By incorporating industry collaboration elements into the annual Asian Financial Forum (AFF), we will transform it into AFF Plus to facilitate connections between finance and the real economy, driving innovation, regional integration and sustainable development. For trade fairs, we will strengthen content related to global trends, including elements of robotics and higher education. Additionally, we will host new events targeting key markets, like the Middle East, inviting mainland enterprises to participate, to promote trade and investment cooperation between Hong Kong and countries in the Middle East region.3.Building an international supply chain management centre: In response to the trend of mainland industrial chains extending overseas, the HKTDC will actively position Hong Kong as a supply chain command centre to support mainland firms in going global.4.Driving the innovation engine and promoting trade digitalisation: The HKTDC will enhance existing support services, focusing on core elements of trade digitalisation to help SMEs leverage technologies - such as IOT, AI, blockchain and big data – to boost efficiency. In the long term, the HKTDC aims to position Hong Kong as a value chain centre, utilising technology, data analytics and collaborative networks to refine value chains for global enterprises, creating added value and addressing market changes and uncertainties.5.Explore long term demand for the convention and exhibition industry: The HKTDC will support the Hong Kong SAR Government in reviewing the needs of the convention and exhibition sector in the long term.Photo download: https://bit.ly/440xPHs HKTDC Chairman Prof Frederick Ma and Executive Director Margaret Fong met with media today to introduce the latest strategies for HKTDC to support SMEs and help them tackle business challengesHKTDC Chairman, Professor Frederick MaThink Business, Think Hong Kong Paris organised by the HKTDC was successfully held in Paris, France in 2023, attracting more than 1,300 participants. The event will be held in Milan, Italy this NovemberThe annual Asian innovation and technology event, InnoEX presents a range of low-altitude economy solutions, such as drones and aerial vehicles, to drive innovative developmentThe HKTDC hosts numerous major exhibitions and conferences in Hong Kong annually to foster trade collaboration. Pictured is this year’s Hong Kong International Jewellery Show held at the Hong Kong Convention and Exhibition CentreThe HKTDC has organised a delegation of Hong Kong enterprises to participate in the China International Import Expo for seven consecutive years. Last November, it led 52 Hong Kong companies to exhibit at the Hong Kong Product Pavilion and Hong Kong Service Pavilion. Moving forward, the HKTDC will continue to promote Hong Kong’s high-quality products and professional services to the mainland and international business communities.Media enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Serena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgSunny NgTel: (852) 2584 4357Email: sunny.sl.ng@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 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 2025 ACN Newswire via SeaPRwire.com.
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UK MOD Signs Protector Support Contract with GA-ASI ACN Newswire

UK MOD Signs Protector Support Contract with GA-ASI

SAN DIEGO, CA, June 10, 2025 - (ACN Newswire via SeaPRwire.com) - The United Kingdom's Ministry of Defence has signed a support and sustainment contract with General Atomics Aeronautical Systems, Inc. (GA-ASI) for logistics and maintenance of the Protector RG Mk1 Remotely Piloted Aircraft (RPA) system. The contract - known as the UK Protector Availability and Support Solution or UK PASS - will provide ongoing support for the new Protector RPA systems supplied by GA-ASI and now being operated by the UK's Royal Air Force (RAF). The Protector RPA is based on GA-ASI's MQ-9B SkyGuardian®.Photo: Royal Air ForceUK PASS is a Direct Commercial Sale contract and includes support for the Protector program's RPA, the Certifiable Ground Control Stations and the Synthetic Training Systems."This contract marks an essential milestone in the fielding of the Protector RPA system for the RAF," said Chris Dusseault, Vice President of MQ-9B in Europe. "With the UK PASS contract in place, we can now transition from the test and development phase of the program to training the RAF flight crews for operations."UK PASS is part of GA-ASI's SkyGuardian Global Support Solutions (SGSS), which provides support for the entire MQ-9B customer base. SGSS is a shared Contractor Logistics Support (CLS) model, with resources such as labor, material, and overhead for maintenance, supply management, and other support functions required to sustain the RPA system, pooled together for use by the entire customer base. This approach provides efficiencies and a lower cost for customers."The awarding of the PASS contract marks three years of intensive work between GA-ASI and UK MOD multidisciplinary teams to turn a concept in to a reality. This has generated a first-in class sustainment solution for the Royal Air Force Protector fleet, that exploits contractor owned inventory from a global common spares pool. This contract differs from a traditional spares and repairs contract, achieving economies of scale via a multi-customer common operating model," said Group Captain Rich Cameron - Uncrewed Air System 3 Team Leader.GA-ASI's MQ-9B is the world's most advanced RPA system, delivering exceptionally long endurance and range. MQ-9B includes the SkyGuardian and SeaGuardian® models, with multiple deliveries made to the U.K.'s Royal Air Force (Protector), as well as orders from Canada, Poland, the Japan Coast Guard, the Japan Maritime Self-Defense Force, Taiwan, India, and the U.S. Air Force in support of the Special Operations Command. MQ-9B has also supported various U.S. Navy exercises, including Northern Edge, Integrated Battle Problem, and Group Sail.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle® 25M, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact Information:GA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Everest Medicines Presents Positive Results from Phase 1b/2a Clinical Trial of EVER001 for Primary Membranous Nephropathy at ERA 2025

HONG KONG, Jun 9, 2025 - (ACN Newswire via SeaPRwire.com) - At the 62nd European Renal Association Congress (ERA 2025), Everest Medicines unveiled new clinical data on EVER001 (previously known as XNW1011), a next-generation covalent reversible Bruton's tyrosine kinase (BTK) inhibitor, in patients with primary membranous nephropathy (pMN). This marks the first time EVER001’s clinical data have been unveiled at an international academic congress. This initial unveiling of the preliminary data at an international congress focuses on pMN. The results showed encouraging signals in terms of novel mechanism, preliminary efficacy, and safety. These findings provide a solid foundation for future therapeutic strategies in proteinuric autoimmune glomerular diseases including pMN and demonstrate Everest’s advancing innovation capabilities and global development momentum.EVER001 is a covalent reversible BTK inhibitor with potentially best-in-class characteristics for the treatment of primary membranous nephropathy (pMN) and other autoimmune renal diseases, including IgA nephropathy (IgAN), minimal change disease (MCD), focal segmental glomerulosclerosis (FSGS), and lupus nephritis (LN). These conditions affect over 10 million patients worldwide. There are approximately 2 million pMN patients in China alone and nearly 220,000 across the United States, Europe, and Japan. There are currently no approved therapies globally, and existing treatments rely heavily on non-specific immunosuppressants, which have limited efficacy and safety concerns, highlighting the urgent need for novel mechanism-based therapies.Everest Medicines holds global rights to EVER001 for the treatment of renal diseases. As a covalent reversible BTK inhibitor, EVER001 combines high target-binding affinity with enhanced selectivity, helping to reduce off-target toxicity seen in earlier-generation BTK inhibitors. Its favorable safety and efficacy profile supports its potential to become a new standard of care across proteinuric glomerular diseases.At ERA 2025, preliminary data from the ongoing Phase 1b/2a trial showed that EVER001 was well tolerated and demonstrated promising efficacy in patients with primary membranous nephropathy (pMN). The study enrolled 31 biopsy-confirmed pMN patients who were positive for anti-PLA2R autoantibodies and received either low or high doses of EVER001 over a 36-week treatment period, with extended follow-up for someparticipants. By week 12, anti-PLA2R autoantibody levels dropped by 62.1% in the low-dose group and 87.3% in the high-dose group. Both cohorts saw reductions of approximately 93% by week 24, with 76.9% and 81.8% of patients, respectively, achieving immunologic complete remission. For 24-hour proteinuria, the low-dose group achieved a 78.0% reduction at week 36, sustained through week 52, with 69.2% reaching clinical remission. In the high-dose group, proteinuria declined by 70.1% at week 24, with 80.0% of patients achieving clinical remission.EVER001 was generally well tolerated. No clinically significant adverse events commonly associated with covalent irreversible BTK inhibitors—such as bleeding, arrhythmia, severe infections, or liver dysfunction—were observed. Most treatment-related adverse events were mild to moderate (Grade 1–2), further supporting its long-term therapeutic potential.EVER001 is expected to generate strong portfolio synergies with Everest’s commercial-stage product, NEFECON®, the first and only fully approved etiological treatment for IgAN in China, the U.S., and Europe. NEFECON® was added to China’s National Reimbursement Drug List (NRDL) in November 2024, and has been included in the KDIGO 2024 Clinical Practice Guideline For The Management Of Immunoglobulin A Nephropathy (IgAN) And Immunoglobulin A Vasculitis (IgAV) (public review draft), making it the only targeted therapy endorsed by both international and Chinese guidelines, establishing its position as a first-line therapy. To further enhance its IgAN strategy, Everest is also developing a diagnostic test for Gd-IgA1, enabling earlier detection, more accurate disease stratification, and treatment monitoring.By integrating diagnostics and therapeutics into a unified care model, Everest is leading the transition from supportive care to precision, disease-modifying treatment for immune-mediated kidney diseases such as IgAN. This holistic strategy aims to improve disease detection and management standards and establish a comprehensive, long-term renal care platform.With EVER001 and NEFECON® advancing in parallel, Everest is driving innovation in nephrology with the goal of setting new global treatment standards. The presentation of EVER001 at ERA 2025 marks a pivotal milestone in its clinical development and demonstrates the international visibility of China-originated innovations. Everest continues to pave the way for globally competitive novel therapies to reach patients around the world. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Champion REIT Presents ‘Lupus Reimagined’ Art Exhibition, Connecting Community Through Art ACN Newswire

Champion REIT Presents ‘Lupus Reimagined’ Art Exhibition, Connecting Community Through Art

HONG KONG, Jun 6, 2025 - (ACN Newswire via SeaPRwire.com) - Champion Real Estate Investment Trust (the “Trust”) (Stock Code: 2778), owner of Three Garden Road and Langham Place, has partnered with “My Lupus Diary” (MLD), the first multimedia lupus awareness organisation in Hong Kong, and Eaton Club, a premium coworking space providing venue support, to present “Lupus Reimagined” Art Exhibition at its properties. The exhibition features the original artworks of lupus patients, expressing their journey in facing physical and emotional challenges via the universal language of art. This initiative aims to enhance public awareness and understanding of health, diversity and inclusion. The exhibition features diverse artistic expressions including photographs, paintings, headdresses, and installation art pieces for public viewing. A highlight piece is a warrior armour made from two months' worth of medication taken by one of the patients, symbolising how lupus patients, despite requiring long-term medication, remain strong warriors in their battle against the disease.Champion REIT has long upheld the principles of physical, mental and spiritual health and sustainability, fostering long-term partnerships with the community hoping to harness the synergies from cross-sector collaboration to create a shared social environment. As the principal sponsor of the exhibition, the Trust not only provides a creative platform for patients to express themselves, but also helps enhance public awareness and care for those suffering from rare diseases, as well as fulfilling its corporate responsibility to promote social inclusion.The “Lupus Reimagined” Art Exhibition features the artistic creations of nine lupus warriors, who showcase their emotional transformation, struggles, and growth through various artistic approaches. A highlight of the exhibition is an art photography series co-created by MLD and four well-known Hong Kong models - Janet Ma, Angie N, Ana R and Amanda S. The models wear headdresses created by the lupus patient, symbolising strength and transformation, visually representing the inner resilience of those living with lupus and inspiring society to reframe how it perceives patients’ unique experiences and the value of life.Ms Sapphire Shen, MLD founder, said, “Our three founders are all lupus patients. We hope to use art as a bridge to break down social stigma and misunderstanding, so that society can truly understand the challenges patients face and the courage they afford, thereby helping build a more empathetic and inclusive society.”Earlier on May 10 – World Lupus Day, a series of educational talks on the latest lupus treatments and awareness-raising events were hosted at Eaton Club, Three Garden Road. Building on this successful launch, the art exhibition was officially unveiled to the public at Three Garden Road in May and has been moved to the Langham Place Office Tower in June. A special sharing session will be held on 8 June, where founder Ms Sapphire Shen and the participating models will engage with visitors and patients to share their experiences and stories. In recent years, the Langham Place Office Tower has actively promoted the “6 Dimensions Wellness” concept, a new ecosystem with physical, emotional, intellectual, social, spiritual and financial wellness as its core, providing tenants with a comprehensive physical, mental and spiritual health support platform. Langham Place also launched the “6D Wellness” YouTube channel (www.youtube.com/@6dwellnesslp) in line with that strategy, inviting professionals and guests to share practical health information every week, injecting positive social value into the community.Ms Christina Hau, Chief Executive Officer of Champion REIT, said, “We firmly believe that sustainable business development is inseparable from close community engagement and mutual growth. Thus, the Trust has always prioritised physical, mental and spiritual health, and sustainable development as its core strategies, and has been active in building long-term partnership with the community to promote inclusion and social collaboration. As the venue sponsor of this art exhibition, we hope to offer a platform for different groups to express themselves and gain understanding, allowing more diverse voices to be heard. We will continue to give back to society with concrete actions and contribute to building a more inclusive, harmonious and healthy social environment.”In recent years, the Trust has actively collaborated with various social organisations to create shared value and achieve mutual success for all parties. It held the first “ESG Week” in 2024, partnering with stakeholders to host activities on climate resilience, social innovation and sustainable living. It has also teamed up with the Fullness Social Enterprises Society to invite local social enterprises showcase innovative solutions addressing social issues, and promote social inclusion, cultural diversity, and cross-sector collaboration. To reinforce its ESG commitment, the Trust will hold its annual flagship event “ESG Gala” in late July this year, featuring a broader range of activities co-created with partners to uphold the core values of physical, mental and spiritual health, while amplifying the voices of diversity and inclusion across the society."Lupus Reimagined" 2025 World Lupus Day Art ExhibitionPublic ExhibitionVenue: Lobby, 5th Floor, Langham Place Office Tower, 8 Argyle Street, Mong Kok, KowloonDate: 2 June - 30 June 2025Time: 09:00 - 20:00 (Monday to Sunday)Public Sharing SessionVenue: Lobby, 5th Floor, Langham Place Office Tower, 8 Argyle Street, Mong Kok, KowloonDate: 8 June 2025Time: 12:30 - 17:30 (Sunday)Photo caption:Connecting the community through art, Champion REIT organised the “Lupus Reimagined” Art Exhibition at Langham Place Office Tower, featuring the original artwork of lupus patients.The “Lupus Reimagined” Art Exhibition features the artistic creations of nine lupus warriors, who showcase their emotional transformation, struggles, and growth through various artistic approaches. The installation art piece, crafted from two months' worth of a patient's medication – around 720 pills in total, tells the story of every lupus warrior's battle against the disease. Artist Ms Christy Cheung poses with her artwork.Founder of My Lupus Diary, Ms Sapphire Shen discusses the exhibition's artistic vision and inclusive message.CreditsPresented by My Lupus Diary @mylupusdiaryProducer & Creative Director: Sapphire Shen @shensapphireArt Director & Photographer: Kim Lo @lamma @klw_hkMakeup Artist: Kae Li @kae.liiiHair Stylist: Brian Lee @brianlee_hmuaSpecial Thanks: Aarya Kalathiya, Crystal. SAbout Champion REIT (2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income-producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust has been awarded the top five-star rating by GRESB since 2023.Website: www.championreit.comAbout My Lupus DiaryMy Lupus Diary Limited (MLD) was co-founded by three lupus patients in 2017 as an online patient support platform. We share and exchange information, tell our stories, organise activities, build a lupus community and raise awareness of the illness. As a non-profit organisation now, we are committed to improving the quality of life of the lupus community through empowerment, education and advocacy.Media Enquiries:Strategic Financial Relations LimitedVicky LeeTel: 2864 4834Email: vicky.lee@sprg.com.hkCynthia NgTel: 2114 4952Email: cynthia.ng@sprg.com.hkSophia LeiTel: 2864 4873Email: sophia.lei@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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Naoris Protocol Expands into the Nordics with Strategic Consulting Hub in Oslo ACN Newswire

Naoris Protocol Expands into the Nordics with Strategic Consulting Hub in Oslo

New Oslo Office to Drive National Cyber Resilience, and Private and Public Sector Transformation Across Norway, Sweden, Denmark, Finland, and IcelandPORTO, Portugal, June 5, 2025 - (ACN Newswire via SeaPRwire.com) - Naoris Protocol, the global leader in decentralized trust infrastructure and post-quantum cybersecurity, proudly announces the opening of its Nordic Regional Command Center in Oslo, Norway. This new office marks a major milestone in the company’s strategic global expansion, serving as a central hub for government partnerships, digital sovereignty solutions, and the distribution of critical defense-grade technologies across the Nordic region, covering Norway, Sweden, Denmark, Finland, and Iceland.This Nordic expansion is spearheaded by Major General (ret.) Inge Kampenes, former Chief of the Norwegian Armed Forces Cyber Defence and a decorated fighter pilot with deep expertise in defense strategy and cyber warfare. Kampenes brings decades of strategic military leadership to Naoris Consulting, the global consulting arm of Naoris Protocol, and will guide its engagement with Nordic governments, critical infrastructure, and public institutions.General Kampenes is putting together a team of highly qualified partners and investors. His team will include Knut Grandhagen, former head of communications at the Norwegian Armed Forces Cyber Defence who is also the son of Kjell Grandhagen – an early backer of Naoris Protocol, 3-star General and former NATO Chairman of the Intelligence Committee. Grandhagen, a long-time believer in the Naoris vision, will head strategic communications efforts and support business strategy across the region.“Naoris offers the kind of security innovation our region needs—sovereign, resilient, and future-ready, ” said General Inge Kampenes.Knut Grandhagen, added: “We are building the Nordic epicenter of digital trust and cyber defense. My father believed in the revolutionary vision at the heart of Naoris since the early stages and helped shape it to what it is today. I will, in turn participate, in its success,“The technology now being fielded by Naoris has the ability to boost national resilience and security at every level.”The Oslo office operates under Naoris Consulting, the strategic arm of Naoris Group tasked with:Distribution and deployment of Naoris Protocol technologies across public and private sectors;Government contracting, compliance, and ecosystem partnerships;Strategic education and engagement to promote decentralized cybersecurity, digital sovereignty, and post-quantum preparedness;Supporting national transformation projects in sectors including defense, telecom, energy, and finance.“The Oslo expansion is not just geographic—it’s geopolitical,” said David Carvalho, CEO of Naoris Protocol. “With Mr. Kampenes leading this charge, Naoris is positioning itself as the trusted sovereignty layer for a more resilient Nordic digital future.”This move aligns with Europe’s growing commitment to digital sovereignty, reinforced resilience against foreign threats, and a secure post-quantum digital landscape. With trusted Nordic leadership at the helm, the Oslo center will serve as the main regional liaison for governments and institutions in Norway, Sweden, Denmark, Finland, and Iceland, embedding sovereign-grade cybersecurity across the region.Naoris Consulting Oslo is already engaging with select ministries and public sector entities across the Nordics, with further partnerships and deployments expected throughout 2025. The Group’s mission is to embed trust, transparency, and resilience into the digital fabric of the Nordic region—starting now.About Naoris ProtocolNaoris Protocol is the world’s first Decentralized Post-Quantum Infrastructure, built to secure both Web3 and Web2 against traditional and quantum threats. Operating beneath blockchain layers 0 to 3 as a Sub-Zero Layer, it integrates with existing EVM chains, nodes, bridges, dApps, enterprise systems, and IoT devices without requiring hard forks.Naoris Protocol combines Post-Quantum Cryptography, dPoSec Consensus, and Decentralized Swarm AI to create a self-healing security mesh that eliminates single points of failure. Since launching in January 2025, it has processed over 64 million transactions and mitigated 341 million threats. Powered by the $NAORIS token, it is the fastest-growing trust and security layer for a quantum-resilient internet.To learn more about Naoris Protocol, visit https://www.naorisprotocol.com/ Press contact:Guy Daviesguy@naoris.comAnna Fedorovaanna@babslabs.io Copyright 2025 ACN Newswire via SeaPRwire.com.
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Latest Firewall Vulnerability Reinforces Need for Post-Breach Privileged Access Controls – TACACS.net Offers a Critical Layer ACN Newswire

Latest Firewall Vulnerability Reinforces Need for Post-Breach Privileged Access Controls – TACACS.net Offers a Critical Layer

SAN JOSE, CA, June 6, 2025 - (ACN Newswire via SeaPRwire.com) - A recently disclosed exploit targeting perimeter firewalls from a leading cybersecurity vendor has once again underscored a critical reality: even the strongest perimeter defenses are not impenetrable. As cyberattacks grow more sophisticated, organizations must shift their focus beyond breach prevention - toward containment, internal access control, and real-time response.TACACS.net, the most advanced enterprise implementation of TACACS+, empowers organizations with precision control over administrative access. With over a decade of proven performance in mission-critical environments, TACACS.net enforces granular, role-based command policies and provides deep session auditing to contain threats post-breach. Whether deployed on-premises, in virtualized environments, or in the cloud, TACACS.net offers unmatched deployment flexibility and industry-leading logging capabilities.To further strengthen post-compromise resilience, TACACS.net sends detailed logs of every privileged action to SIEM and IDS platforms, enabling centralized visibility, anomaly detection, and automated response workflows.This recent firewall exploit serves as a wake-up call for organizations operating in compliance-sensitive environments, including healthcare, defense, finance, and government. By aligning with NIST Zero Trust Architecture, DoD CIO directives, HIPAA HITECH, and PCI DSS requirements, TACACS.net enables enterprises to minimize breach impact, enforce access accountability, and improve audit readiness.About TACACS.netTACACS.net is a global leader in TACACS+ authentication software for Windows-based environments. Trusted by federal agencies, global enterprises, and mission-critical infrastructure providers, TACACS.net enables robust internal access controls that prevent privilege abuse, accelerate investigations, and simplify compliance - without adding friction to operations.To learn more information, visit www.tacacs.net or contact www.tacacs.net/lp for a customized quote.Contact InformationName: Joe FernandezPhone: (408) 763-0345Email: joe@tacacs.netSOURCE: TACACS.net Copyright 2025 ACN Newswire via SeaPRwire.com.
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The Generation Essentials Group and Black Spade Acquisition II Co Complete Business Combination ACN Newswire

The Generation Essentials Group and Black Spade Acquisition II Co Complete Business Combination

The Generation Essentials Group’s Class A Ordinary Shares and Warrants to Begin Trading on the New York Stock Exchange and NYSE American on June 5, 2025, under Ticker Symbols “TGE” and “TGE WS”, Respectively.HONG KONG, Jun 5, 2025 - (ACN Newswire via SeaPRwire.com) – Jun 4, The Generation Essentials Group (“TGE”), an entity jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), and Black Spade Acquisition II Co (NASDAQ: BSII) (“Black Spade II”) are pleased to confirm the completion of their previously announced business combination (the “Business Combination”). The listed company following the Business Combination is TGE, and its Class A ordinary shares and warrants will commence trading on the New York Stock Exchange and NYSE American under the ticker symbols “TGE” and “TGE WS”, respectively, on June 5, 2025.The announcement of the completion of the Business Combination comes after Black Spade II’s shareholders voted to approve the transaction on May 30, 2025. As a result of the Business Combination, Black Spade II became a wholly owned subsidiary of TGE and is expected to be delisted from The Nasdaq Stock Market LLC.Dr. Feridun Hamdullahpur, Chairman of the Board of The Generation Essentials Group, said: “This is about the successful listing of a comprehensive and diversified global media, entertainment, and hospitality play; the emergence of a worldwide operator in top-tier world “media” including L’Officiel and The Art Newspaper, “entertainment” including motion pictures, and “space” including coffee shops and hotels. I want to thank the Black Spade II team for their partnership and efficient handling of the deal process. With our two existing listed companies already under the NYSE banner, this third listing will offer a unique platform that brings together fashion, art, media, movies, entertainment, and hospitality under one global roof: TGE. We are now long-term partners with Black Spade, and there are numerous opportunities for cross-collaboration and mutual support on our journey towards building a world-leading media and entertainment company. On behalf of the Board of Directors, I would like to express my gratitude to everyone involved in bringing this innovative concept to fruition in record time.”Mr. Dennis Tam, Chairman and Co-CEO, Black Spade Acquisition II Co, said: “We are pleased to announce the successful completion of our merger, marking a significant milestone in bringing value for all our shareholders. In TGE's business footprint across fashion & art, media and hospitality, we saw an ideal match with our entertainment DNA. I would like to thank the TGE management team for their leadership, vision and efficiency in bringing this deal to fruition, and we look forward to the company's next chapter as a public company under their ticker symbol 'TGE', as they continue their exciting journey in the media and entertainment sector globally.”Additional information about the transaction, including a copy of the business combination agreement, is available in Black Spade II’s Current Report on Form 8-K, filed on January 27, 2025 with the Securities and Exchange Commission (“SEC”) at www.sec.gov.More information about the transaction is available in TGE’s registration statement on Form F-4 which includes Black Spade II’s proxy statement and TGE’s prospectus in relation to the business combination, which was first filed with the SEC on April 11, 2025.Photo caption:(from left) Mr. Richard Taylor, Co-CEO, Black Spade Acquisition II Co, Mr. Kester Ng, Co-CEO, Black Spade Acquisition II Co, Mr. Dennis Tam, Chairman and Co-CEO, Black Spade Acquisition II Co, Mr. Lawrence Ho, Founder, Black Spade Capital, Mr. Calvin Choi, Founder and Director, The Generation Essentials Group, Dr. Feridun Hamdullahpur, Co-Chairperson of the Board of Directors, The Generation Essentials Group and Mr. Giampietro Baudo, CEO, The Generation Essentials GroupAbout The Generation Essentials Group (formerly known as World Media and Entertainment Universal Inc.)The Generation Essentials Group, jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties.About Black Spade Acquisition II CoBlack Spade Acquisition II Co (“Black Spade II”) is a blank check company incorporated for the purpose of effecting a business combination (Special Purpose Acquisition Company or SPAC). Listed on The Nasdaq Stock Market LLC , Black Spade II was founded by Black Spade Capital, which runs a global portfolio consisting of a wide spectrum of cross-border investments, and consistently seeks to add new investment projects and opportunities to its portfolio. Black Spade II is Black Spade Capital’s second SPAC. Black Spade Capital’s first SPAC completed its business combination with VinFast Auto Ltd., a Vietnamese electric vehicle company, in August 2023. At the time, it was the third largest ever de-SPAC by deal value (based on Dealogic data available through April 2024).About AMTD GroupAMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.About AMTD IDEA GroupAMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter") at @AMTDGroup.About AMTD Digital Inc.AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.Safe Harbor StatementThis press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of Black Spade II, TGE, AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of Black Spade II, TGE, AMTD IDEA Group and AMTD Digital with the SEC. All information provided in this press release is as of the date of this press release, and none of Black Spade II, TGE, AMTD IDEA Group and AMTD Digital undertakes any obligation to update any forward-looking statement, except as required under applicable law.Media Enquiries:The Generation Essentials GroupInvestor Relations Email: tge@amtd.world Black Spade Acquisition II CoInvestor Relations Email: ir@blackspadeacquisitionii.comAMTD IDEA GroupInvestor Relations Email: ir@amtdinc.comAMTD Digital Inc.IR Office Email: ir@amtdigital.comStrategic Financial Relations LimitedVicky Lee Tel: +852 2864 4834 Email: vicky.lee@sprg.com.hk Lilia Yang Tel: +852 2864 4833 Email: lilia.yang@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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Global Communities Unite at centralwOrld as Thailand Steps Forward on Global LGBTQ+ Stage with Central Pattana’s Pride For All ACN Newswire

Global Communities Unite at centralwOrld as Thailand Steps Forward on Global LGBTQ+ Stage with Central Pattana’s Pride For All

BANGKOK, June 4, 2025 - (ACN Newswire via SeaPRwire.com) - On June 1, 2025, Central Pattana plc, Thailand’s leading real estate developer and operator of Central shopping centers nationwide, proudly led one of the world’s largest Pride celebrations as more than 300,000 people gathered in Bangkok for the Bangkok Pride Parade 2025, which culminated in a powerful finale at centralwOrld — now recognized as a landmark of global inclusion.Marking its 6th year as The Pioneer of Equality, Central Pattana launched Thailand Pride Celebration 2025: “Pride For All”, under the theme “Embracing Freedom,” reaffirming its vision of “Place for All” and its mission of imagining better futures for everyone.The celebration began with “Love with Pride 2025” at centralwOrld and expanded nationwide across 39 Central shopping centers, making it Thailand’s most inclusive and far-reaching Pride campaign to date - uniting voices from around the world.A highlight of the campaign is BEYOND THE RAINBOW 2025, a public exhibition inviting audiences to reflect on a world beyond gender-celebrating the historic passing of the Marriage Equality Law and amplifying voices for a more inclusive tomorrow.With growing international attention, strong support from both the public and private sectors, and recognition by the Tourism Authority of Thailand (TAT) as an LGBTQIAN+ friendly destination, Thailand is embracing its role as a beacon of Pride in Asia.The world is already here - and we invite everyone to join us in Thailand next year to celebrate love, freedom, and equality at one of the most vibrant and inclusive Pride events on Earth. Copyright 2025 ACN Newswire via SeaPRwire.com.
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TF International Facilitates Hong Kong’s Successful Issuance of First Central Asian Sovereign Bond ACN Newswire

TF International Facilitates Hong Kong’s Successful Issuance of First Central Asian Sovereign Bond

HONG KONG, Jun 4, 2025 - (ACN Newswire via SeaPRwire.com) - TF International Securities Group Limited (“TF International”) together with China CITIC Bank International Limited, Citigroup Global Markets Limited and Oppenheimer & Co. Inc announced the successful assistance in the Kyrgyz Republic's issuance of a 5-year USD benchmark international bond (represented by the Cabinet of Ministers of the Kyrgyz Republic acting through the Ministry of Finance of the Kyrgyz Republic). Originally targeting an issuance size of approximately USD 500 million, the transaction saw overwhelming market demand during bookbuilding, with peak orders exceeding USD 2.1 billion (including USD 50 million underwriter's order) from over 130 investors. The final issuance size was upsized to USD 700 million with a coupon rate of 7.75%. This fully reflects the global capital market’s strong confidence in the Kyrgyz Republic’s economic development prospects and TF International’s cross-border financing capabilities.Central Asia’s Ice-Breaking Sovereign Bond Debut Pioneers New Cross-Border Financing ParadigmThis landmark transaction marks the first USD bond issuance by a Central Asian sovereign issuer in international capital markets, and represents a milestone for TF International in the field of Central Asian sovereign bond underwriting. By leveraging its global investor network and localized service strengths, TF International together with the other Global Coordinators efficiently managed cross-time-zone bookbuilding and precisely captured the optimal market window. This enabled Kyrgyz Republic’s successful debut in the international USD bond market with oversubscription, laying a solid foundation for the nation to diversify its future financing channels.The bond issuer, the Kyrgyz Republic (rated B+ by S&P, B by Fitch, and B3 by Moody’s), will utilize the proceeds to support its national budget, with a focus on financing hydroelectric power projects and infrastructure projects. The Kyrgyz Republic, as one of the earliest countries to support and engage in the Belt and Road Initiative, has seen increasingly close economic and trade relations with China. TF International signed a memorandum of understanding with the Kyrgyz Republic Ministry of Finance earlier, becoming the first Hong Kong-based Chinese securities firm to establish an official partnership with The Kyrgyz Republic Ministry of Finance.Building a Diversified Financial Services Ecosystem for the Belt and Road Initiative from Hong KongMr. Amanbaev Umutzhan Mominovich, Deputy Minister of Finance–Director of the Central Treasury, Ministry of Finance of The Kyrgyz Republic, expressed his gratitude to the Global Coordinators for the efforts and successful closing of this debut transaction. He said: "This is our first step on the international debt capital markets. We are going to maintain our presence and become a frequent issuer for further development of our country’s debt profile and meet the needs of The Kyrgyz Republic economy. This inaugural bond issuance has not only optimized the national debt structure but also raised capital at competitive rates, providing strong support for the nation's critical development projects. The oversubscription of this issuance fully demonstrates the international market's recognition of Kyrgyzstan's economic prospects and sovereign credit. It has laid a solid foundation for the country to continuously attract international capital, deepen financial openness, and integrate into the global economy, representing a crucial step towards financial autonomy and global integration."Mr. Alexander Shupletsov, Head of Emerging Markets Coverage, Belt and Road Business Department at TF International, said: "Moving forward, TF International will continue to serve as a strategic bridge, deepening capital connectivity with countries and regions along the Belt and Road. Through diversified financial services, we will promote funding facilitation and advance the sustainable development of Hong Kong as an international capital market. I would like to emphasize the importance of Hong Kong as the funding hub for Belt and Road countries. In addition to The London Stock Exchange listing, the bonds are also listed on The Stock Exchange of Hong Kong(the first sovereign bond from Central Asia listed at HKEX). It would allow The Kyrgyz Republic to strengthen its recognition among Chinese and Asian investors. This milestone transaction was a very big step for The Kyrgyz Republic to diversify their sources of funding, build up its debt profile and create the country’s yield curve as a funding benchmark.”Embodying the SCO Spirit: A New Chapter in Regional Economic Cooperation and Sustainable DevelopmentAs the second China-Central Asia Summit approaches and the SCO’s “China Year” events gain momentum, The Kyrgyz Republic’s bond issuance marks a concrete step by Chinese financial institutions in supporting regional economic cooperation. It reflects China’s strong commitment to advancing development through financial connectivity and showcases the collaborative spirit between China and SCO member states. By deepening multilateral financial cooperation and promoting resource sharing, The Kyrgyz Republic is accelerating its integration into the global financial system and turning the vision of sustainable growth and shared prosperity into reality.Mr. ZOU Chuan, CEO of TF International, stated: “The successful issuance of this sovereign USD bond by Kyrgyz Republic marks a significant achievement in Belt and Road financial cooperation and a concrete step toward delivering on China’s national strategy and the SCO Year of Sustainable Development for the SCO Summit 2025. The deal strengthens Hong Kong’s role as a global debt financing hub and reflects a growing trend of Belt and Road countries - starting with Central Asia - shifting offshore fundraising to Hong Kong and exploring diversified financing channels. It also signals meaningful progress in the internationalization of the renminbi, as it begins to play a significant role in sovereign balance sheets. Building on this momentum, TF International will continue to leverage Hong Kong’s platform to connect the Belt and Road countries with global capital, supporting infrastructure and green development through market-based solutions, and contribute to high-level opening-up by advancing sovereign and strategic project financing.”TF International Securities Group LimitedTF International Securities Group Limited (TF International) is a Hong Kong-based subsidiary fully owned by TF Securities Co., Ltd (TFS). Hubei Hongtai Group Co., Ltd, the Controlling Shareholder of TFS, is the only financial services enterprise affiliated with Hubei Province. TF International serves as one of the key state-owned interface that connects the capital market overseas with Hubei Province and the rest of Mainland China, bridging the gap between domestic and foreign markets. Acting as a pilot platform for TFS' global expansion aspirations, TF International provides top-notch financial services to clients and actively encourages inbound and outbound strategies for institutions and enterprises.TF International's subsidiaries are regulated by the Securities and Futures Commission of Hong Kong to conduct Type 1 (Dealing in Securities), Type 2 (Dealing in Futures Contracts), Type 4 (Advising on Securities), Type 5 (Advising on Futures Contracts), Type 6 (Advising on Corporate Finance) and Type 9 (Asset Management) regulated activities, establishing itself among the most active Chinese-funded securities firms in the Hong Kong market. Copyright 2025 ACN Newswire via SeaPRwire.com.
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CBL International Limited Announces Share Repurchase Program ACN Newswire

CBL International Limited Announces Share Repurchase Program

Kuala Lumpur, Jun 4, 2025 - (ACN Newswire via SeaPRwire.com) – Jun 3, CBL International Limited (NASDAQ: BANL) (the "Company" or "CBL"), the listing vehicle of Banle Group ("Banle" or "the Group"), today announced that its Board of Directors has authorized a share repurchase program of up to the lesser of $5 million of the Company's ordinary shares (the “Ordinary Shares”) or 5 million Ordinary Shares. Repurchases under the share repurchase program may be made in the open market, with the actual timing and amount of repurchases depending on market conditions and corporate needs. The share repurchase program will expire on April 15, 2028. The program does not obligate the Company to acquire any particular number of Ordinary Shares, and the share repurchase program may be extended, modified, suspended or discontinued at any time at the Company’s discretion.Dr. Teck Lim Chia, Group’s Chairman and Chief Executive Officer, stated: "The Board believes that the current market price of our shares does not fully reflect the underlying strength and long-term potential of our business. This share repurchase program underscores our confidence in the Company’s future and our commitment to delivering sustained value to our stockholders. "FY2024 Financial PerformanceThe Company reported consolidated revenue of $592.52 million for the year ended December 31, 2024, marking a 35.9% increase from $435.90 million in 2023. This growth was primarily driven by a 38.1% increase in sales volume, supported by the addition of new customers during the year, the expansion of our supply network to cover more ports, and a broader customer base that now includes bulk carriers and oil and gas tankers in addition to container liner operators.Looking ahead, CBL remains focused on expanding its market presence, particularly in biofuels, and enhancing its global supply network. The Company is committed to driving operational efficiency and delivering sustainable growth.The Company’s strategic expansion of ports, diversification of its client base, and commitment to sustainable initiatives are designed to position it for growth when market conditions improve. By investing in new ports and expanding relationships with key industry players, CBL aims to secure long-term partnerships that will strengthen its market position as global trade stabilizes and profitability improves.About the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistic company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in over 60 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam, as of 16 April 2025. The Group actively promotes the use of sustainable fuels and is awarded with the ISCC EU and ISCC Plus certifications.For more information about our company, please visit our website at: https://www.banle-intl.com.Forward-Looking StatementsCertain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of BANL’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, fuel prices and tariffs, market, financial, political and legal conditions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.CBL INTERNATIONAL LIMITED(Incorporated in Cayman Islands with limited liabilities)For more information, please contact:CBL International LimitedEmail: investors@banle-intl.comStrategic Financial Relations LimitedShelly Cheng Tel: (852) 2864 4857Iris Au Yeung Tel: (852) 2114 4913Email: sprg_cbl@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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LIMA’25 Wraps up with RM11 Billion in Deals and Record Global Participation ACN Newswire

LIMA’25 Wraps up with RM11 Billion in Deals and Record Global Participation

LANGKAWI, June 4, 2025 - (ACN Newswire via SeaPRwire.com) - The curtain has closed on the 17th edition of the Langkawi International Maritime and Aerospace Exhibition (LIMA’25), which concluded on a high note with RM11 billion in transactions signed over five dynamic days. Co-organised by the Ministry of Defence (MINDEF) and Global Exhibitions & Conferences Sdn Bhd (GEC), LIMA’25 lived up to its theme, “Innovate Today, Thrive Tomorrow”, by setting new benchmarks in participation, innovation, and impact.Hosted at the Mahsuri International Exhibition Centre (MIEC) and Resorts World Langkawi from 20 to 24 May, this year’s event welcomed more than 860 companies from 24 countries, featured 15 country pavilions, and hosted dignitaries from 64 nations, making it the most internationally represented edition in LIMA’s history. With 43 aircrafts and 31 ships from both local and foreign countries, alongside an expanded programme across four exhibition halls and interactive themed zones, the exhibition drew tens of thousands of trade and public visitors.The event was officially launched by the Prime Minister of Malaysia, YAB Datuk Seri Anwar Ibrahim, who underscored the importance of innovation, sustainability, and strategic partnerships in shaping the region’s future. It concluded with a grand closing ceremony officiated by the Minister of Defence, YB Dato’ Seri Mohamed Khaled bin Nordin, who reaffirmed Malaysia’s commitment to regional security and industrial growth.Reflecting on the exhibition’s success, GEC Managing Director Abd Hafiz bin Abu Bakar stated: “Success is built on strong pillars – hard work, innovation, learning, and unity. By bringing these elements together at LIMA’25, we have created a platform where progress is possible, and opportunities are open to all.”Kedah State Tourism, Culture, Arts, and Entrepreneurship Committee Chairman, Yang Berhormat Datuk Mohd Salleh Saidin, also lauded the event’s socioeconomic impact:"I wish to congratulate the Ministry of Defence and Global Exhibitions and Conferences, being the organisers of a successful event. LIMA’25 has delivered far-reaching economic and social benefits for Langkawi and the greater Kedah, contributing positively to our goals for Visit Kedah Year 2025. It has brought the world to our doorstep, creating invaluable exposure and business opportunities for our local SMEs. The spillover effects extend across key sectors—tourism, hospitality, logistics and services—enabling us to unlock the full potential of Kedah’s vibrant economy. I am happy to say that restaurants and eateries were always full on a daily basis, and almost all establishments in Langkawi benefitted from LIMA’25, directly or indirectly."He added: "I am confident that events of this calibre will continue to position Kedah as a globally competitive destination, while driving sustainable growth and inclusive development for our people. I hope to see the next edition of LIMA continue to catalyse opportunities for growth, innovation, and global engagement for Kedah and beyond."Highlights included:Defence and Commercial Sectors: Naval ships and cutting-edge aircraft highlighted Malaysia’s commitment to regional security and economic resilience, while local SMEs gained global exposure through dedicated showcases and business matching platforms.Space and Voyage Segments: ASEAN’s growing space ambitions took centre stage, while advanced maritime technologies celebrated Malaysia’s pivotal geographic role in global shipping.Innovation & Sustainability: The Innovation Pavilion spotlighted electric and hybrid aircraft, while the LIMA Green Initiative reinforced ESG principles with a focus on cleaner technology and a net-zero future.Education Pavilion: Bridging academia and industry, the pavilion prepared the next generation of aerospace and maritime talent through direct industry engagement.Women, Peace & Security Conference: Promoted inclusive leadership and diversity in the traditionally male-dominated defence and tech sectors.A.T.M.O.S Sphere: Under LIMA’s expanded Space and Innovation pillar, the dome showcased how space technology is driving progress in climate science, telecommunications, navigation, agriculture, and national security.Strategic Outcomes and Economic ImpactOver the course of the event:Numerous strategic collaborations were forged between local and international players through MoUs, LOIs and contracts, contributing to a total transaction value of RM11 billion1400 B2B and 920 B2G meetings were facilitated.Nine conferences and two industrial competitions were organised.These outcomes affirm LIMA’s status as a catalyst for innovation, cross-border collaboration, and inclusive industrial development.Looking Ahead“I extend my heartfelt thanks to every visitor, partner, exhibitor, and the government for the trust and support in making LIMA 2025 a resounding success. Let us keep this spirit of collaboration and innovation alive as we look forward to the next edition,” added Hafiz.The 18th edition of LIMA is tentatively scheduled for 2027, with MINDEF and GEC calling on all stakeholders to continue building on the momentum of this landmark event. As LIMA’25 draws to a close, its legacy as a global platform for maritime and aerospace innovation, sustainability, and strategic cooperation is firmly cemented.About LIMAThe Langkawi International Maritime & Aerospace Exhibition (LIMA) is Asia-Pacific’s leading showcase for the maritime and aerospace industries. Since its inception, LIMA has provided a dynamic platform for industry leaders, innovators, and policymakers to connect, collaborate, and drive progress in defence, security, and commercial sectors. For updates and participation details, please visit LIMA 2025 | The 17th Langkawi International Maritime and Aerospace Exhibition, or follow LIMA’25 on social media.About Global Exhibitions & Conferences Sdn Bhd (GEC)Global Exhibitions & Conferences Sdn Bhd is a leading event management company specialising in organising and managing high-profile exhibitions, conferences, and trade shows across diverse industries. Established in 2007, the company is renowned for its expertise in creating impactful and innovative events that connect businesses, foster industry growth, and drive global networking opportunities.Corporate Sponsors of LIMA’25Telekom Malaysia Berhad – Strategic Technology PartnerBufori – Official Executive Car Provider for DYMM YDPARevelot Sdn Bhd – Official TimekeeperMercedes Benz (M) Sdn Bhd – Royalties and Government Fleet ProviderAffin Bank Berhad – Official BankPETRONAS – Official Fuel ProviderMalaysia Aviation Group (MAB,Firefly & Aerodarat) – Official Airline & Ground HandlerMalaysia Airports Holdings Berhad – Official AirportAirasia – Supporting AirlineMyCar Asia – E-Hailing ProviderBlueshark Ecosystem Sdn Bhd – ESG PartnerFAMA & FamaCo – Local PartnerSpritzer – Official Mineral WaterZuspresso – Official BrewerISSUED BY MNAIR PR CONSULTANCY SDN BHDON BEHALF OFGLOBAL EXHIBITIONS & CONFERENCES SDN BHDContacts for Media Enquiries: MNAIR PR Consultancy Sdn BhdSashikala NairDirector, Public Relations+6012 566 9095sashi@mnairpr.comAmeera HaniAssociate Director, Public Relations+6014 224 3296ameera@mnairpr.comGlobal Exhibitions & Conferences Sdn Bhd (GEC)Norul Wajidah Mohamad SaffiruddinExecutive, Corporate Communication and Sponsorship+6013 3811352wajidah@lima2025.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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Fintech Forward Set to Return to Bahrain and Gather the Most Influential Leaders in Finance at its Third Edition in October 2025 ACN Newswire

Fintech Forward Set to Return to Bahrain and Gather the Most Influential Leaders in Finance at its Third Edition in October 2025

MANAMA, Bahrain, June 3, 2025 - (ACN Newswire via SeaPRwire.com) - The Kingdom of Bahrain is gearing up for its third edition of Fintech Forward, which will be hosted by the Bahrain Economic Development Board (Bahrain EDB) and programmed by Economist Impact. Bringing together the best and brightest minds in payments, fintech, and the broader financial ecosystem, Fintech Forward has cemented itself as a leading regional event, where industry trailblazers, investors, and financial players come to exchange knowledge, celebrate milestone successes, and level up connections.The upcoming edition of the region's flagship financial services event, Fintech Forward 2025 (FF25), will take place on October 8-9 at Exhibition World Bahrain, hosted in collaboration with the Central Bank of Bahrain and supported by Bahrain FinTech Bay.Featuring keynotes, panel discussions and interactive sessions, the two-day event will spotlight opportunities and challenges for fintechs and highlight notable successes to learn from. Held under the banner "The era of integration: the maturing age of fintech", FF25 will bring together fintech experts, financial firms, governments and regulators from around the world to discuss trending themes, share insights, and exchange knowledge to further advance the industry. The event will cover a wide range of topics related to the industry, including the shift from rapid growth to sustainable maturity, the emergence of embedded infrastructure and advanced technologies, the focus on trust, regulation, and integration over disruption, as well as the lasting and increased collaboration between regulators, sovereign investors, and traditional banks.Bahrain, the host country for this global event, has a robust financial services sector that combines traditional banking with innovative fintech firms, including crypto assets, digital payments and open banking solutions. The Central Bank of Bahrain (CBB), which serves as the country's single regulator, has played a vital role in fostering fintech innovation through its dedicated Fintech Innovation Unit and pioneering regulatory frameworks. The CBB's onshore Regulatory Sandbox, the first of its kind in the Middle East and North Africa (MENA) region, provides a secure environment for local and international fintech companies to test and develop new technologies, supporting the growth of a resilient and compliant fintech ecosystem.Building on the success of previous editions, which drew participants from across the globe, Fintech Forward has established itself as a key platform for industry leaders to share insights, foster collaboration, and drive regional fintech advancement.For more information and to register interest in Fintech Forward 2025, please visit the website. Media can register here for a partnership.For more information, please contact:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.comAbout Bahrain Economic Development Board (Bahrain EDB)Bahrain Economic Development Board (Bahrain EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate.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.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.com.SOURCE: Bahrain Economic Development Board Copyright 2025 ACN Newswire via SeaPRwire.com.
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Traditional Chinese Medicine Consumption Shows Promising Outlook, with Neautus’s Market Leadership Becoming Increasingly Evident

HONG KONG, Jun 3, 2025 - (ACN Newswire via SeaPRwire.com) - In 2025, the policies regarding traditional Chinese medicine (TCM) in Mainland China are being continuously optimized, providing broader opportunities for the consumer TCM market. This has led to increased consumer demand and purchasing intentions, offering growth potential for the industry and attracting institutional interest in the sector's value Supported by favorable policies, Neautus's recent submission to the Hong Kong Stock Exchange has garnered significant attention.Currently, many companies that initially planned to list on the A-share market are shifting their focus to the Hong Kong market, with several leading firms such as Laopu Gold, Qunabox Group, APT Electronics, Mokingran, and Mixue Group making this transition. Neautus's situation is similar. Before initiating its IPO plan in Hong Kong, the company had submitted two applications for A-share listings from 2011 to 2023. Considering its future business strategies and an optimistic outlook on the Hong Kong market, the company voluntarily terminated its A-share counseling record in April 2024 and decided to list in Hong Kong. In fact, the choice of the Hong Kong market aligns more closely with Neautus's business and developmental direction.TCM Decoction-ready Product Market Shows Positive Momentum, with Neautus Securing First-Mover AdvantageTCM decoction-ready products have evolved significantly, driven by technological advancement in processing methods and growing demand for standardized and convenient TCM treatments. These products are gaining broader international market acceptance and expanding rapidly in scale. According to Frost & Sullivan, China's TCM decoction-ready product market is projected to continue its growth at a CAGR of 5.7% from 2023 to 2030 and reachRMB409.7 billion in 2030.Currently the TCM decoction-ready product market is relatively fragmented, with most market players operating on a relatively small scale and only a few enterprises achieving an annual output value exceeding RMB1 billion. Neautus is one of only three such companies, ranking second among TCM decoction-ready product manufacturers in 2023. Founded by Chairman Jiang Yun, the company pioneered the standardization and scaling of TCM decoction-ready products.Neautus not only established the first GMP factory for TCM decoction-ready products in China but also serves as a pioneer and active promoter of the standardized and scaled development of this industry. With deep roots in the sector, it holds key core technologies for the production and processing of TCM decoction-ready products, producing high-quality products and leading the market. In 2003, Neautus became the first TCM decoction-ready product manufacturer in China to receive GMP certification from the National Medical ProductsAdministration (the NMPA).It has since remained committed to promoting industry standardization while steadily advancing its own large scale operations . Furthermore, in response to current trends, Neautus adopts a forward-looking dual-pillar strategy -maintaining its leadership position in the core TCM market while driving disruptive innovations tailored to modern consumers - rapidly establishing a presence in high potential segmentsThere are over 86,000 small-scale TCM clinics, pharmacies and medical institutions in China, many of which face significant unmet needs in procuring decoction-ready products. Leveraging its dual-pillar strategy, Neautus serves institutional clients, including over 1,000 hospitals and medical institutions, and major pharmacy chains primarily through offline channels. It also supports small pharmacies, clinics and individual practitioners through digital platforms, such as Jinfang Caotang and Jinfang Cloud (online TCM medicine platform), serving 5,200+ customers. This approach enables Neautus to tap into market potential while solidifying its development foundation.Aligning with Policy and Market Demand, Strong Players Expected to Grow StrongerThe national centralized procurement policy and expanding market demand present significant opportunities for Neautus's future development. The fragmented nature of the TCM decoction-ready product market indicates that, with capital investment and technological advancements, larger enterprises have substantial potential for growth through consolidation or organic growth. Neautus, already possessing considerable scale and a leading position in the industry, is well-positioned to benefit from this trend.The "Opinions on Enhancing the Quality of TCM and Promoting High-Quality Development of the TCM Industry*", released in the first half of the year, proposed "optimizing centralized procurement and bidding policies for TCM, achieving quality at a good price". It explicitly encourages centralized procurement that emphasizes both quality and affordability in the TCM decoction-ready product segment and advocates for the cultivation of well-known TCM brands. This policy allows quality TCM decoction-ready manufacturers to maintain reasonable profit margins. Neautus's high-quality products and strong brand value align closely with both national policies and market demand,under such supportive policy, its market share is expected to further expand, reinforcing its leadership advantage.By targeting the full spectrum of TCM decoction-ready product market, particularly essential formula decoction-ready products, Neautus continues to consolidate its leading position in consumer TCM. The company's platform"Jinfang Caotang - Expert in TCM Decoction-ready Product Delivery" is designedspecifically for TCM clinics, offering quality TCM decoction-ready products and comprehensive delivery services. This further supports grassroot healthcare institutions and enhances Neautus's market presence.In addition, the consumer-oriented stocks have always been favored in the capital market, often commanding higher valuation premiums. This is particularly true for leading companies in various niche markets, which possess wide moats and are suitable for long-term investment. For instance, "the first stock of traditional gold" - Laopu Gold (6181.HK) -shifted from the A-share market to the Hong Kong Stock Exchange and saw its stock price soar after its listing at the end of June 2024, rising over 21 times to date with remarkable performance. Similar to Laopu Gold's developmental path of "traditional method + modern technology", Neautus follows a dual-driven strategy of "medicine + consumption". Both companies may take different paths, but they converge in being impressive leaders within the consumer segments with amazing potentials. From a value investment perspective, their quality and potential are evident.As the scope of medical insurance coverage gradually expands, consumer TCM leaders like Neautus can enhance quality and efficiency through refined, intelligent, and systemized operations. This opens new opportunities for sustainable growth and may lead to a 'strong-get-stronger' dynamic. Given these advantages, Neautus's IPO prospects appear highly promising. With deep roots in the industry, Neautus, if successfully listed, is poised to become the first publicly traded TCM decoction-ready product company on the Hong Kong market. Copyright 2025 ACN Newswire via SeaPRwire.com.
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