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Live from ASH 2023 | Oral Report Featuring Encouraging Data of Olverembatinib Combined with Reduced-Intensity Chemotherapy in Patients with Ph+ ALL Presented at the ASH Annual Meeting

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SUZHOU, China and ROCKVILLE, Md., Dec. 15, 2023 /PRNewswire/ — Ascentage Pharma (6855.HK), a global biopharmaceutical company engaged in developing novel therapies for cancer, chronic hepatitis B (CHB), and age-related diseases, announced today that Prof. Xiaoyuan Gong of the Institute of Hematology and Blood Diseases Hospital, the Chinese Academy of Medical Sciences, has presented the preliminary results from a Phase II study of Ascentage Pharma’s novel drug candidate, olverembatinib, combined with reduced-intensity chemotherapy in treatment-naïve patients with Philadelphia chromosome-positive acute lymphoblastic leukemia (Ph+ ALL), in an Oral Report at the 65th American Society of Hematology (ASH) Annual Meeting, taking place in San Diego, CA, the United States.

The ASH Annual Meeting is one of the largest gatherings of the international hematology community, bringing together the most cutting-edge scientific research and latest data of investigational therapies that represent leading scientific and clinical advances in the global hematology field. Garnering growing interest from the global research community, multiple studies of Ascentage Pharma’s key drug candidates (olverembatinib and lisaftoclax) have been selected for presentations at this year’s ASH Annual Meeting, including two Oral Presentations on olverembatinib. This is the sixth consecutive year in which the clinical results of olverembatinib have been selected for Oral Presentations at the ASH Annual Meeting.

Following the introduction of tyrosine kinase inhibitors (TKIs), the combination of TKIs and intensive chemotherapy has become a widely adopted treatment for patients with Ph+ ALL because it can offer significantly improved prognosis. However, a large number of patients are ineligible for the treatment because of intolerance to intensive chemotherapy. Clinical results featured in this Oral Presentation demonstrated encouraging clinical benefit and favorable tolerability of olverembatinib, a third-generation TKI, when combined with reduced-intensity chemotherapy in patients with Ph+ ALL, with data showing a complete remission/incomplete hematologic recovery (CR/CRi) rate of 100% in patients treated with the olverembatinib combination regimen; a complete molecular response (CMR) rate of 62.2% in patients who received three cycles of the treatment that was free of intensive chemotherapy or immunotherapy; and a favorable tolerability profile. Compared to the existing data on TKI plus intensive chemotherapy combinations, patients on this combination regimen have a lower need for transfusion and a reduced incidence of infections.

Olverembatinib is a global best-in-class novel drug developed by Ascentage Pharma. As the first and only approved third-generation BCR-ABL inhibitor in China, olverembatinib has been approved for the treatment of adult patients with TKI-resistant chronic-phase chronic myeloid leukemia (CML-CP) or accelerated-phase CML (CML-AP) harboring the T315I mutation and adult patients with CML-CP resistant and/or intolerant to first- and second-generation TKIs. Olverembatinib is being jointly commercialized in China by Ascentage Pharma and Innovent Biologics.

Prof. Xiaoyuan Gong, commented, "The introduction of high-potency TKIs has made it a real possibility to treat patients with Ph+ ALL with reduced-intensity chemotherapy, or even without chemotherapy, while achieving improved efficacy and safety. As a third-generation TKI, olverembatinib has shown impressive therapeutic potential for the treatment of Ph+ ALL and for its role as a key part of chemotherapy-free regimens."

"In this study, olverembatinib combined with reduced-intensity chemotherapy continued to demonstrate promising clinical benefit in patients with Ph+ ALL, once again indicating the potential superiority of this third-generation TKI over other TKIs and that an era of chemotherapy-free treatment for patients with Ph+ ALL might be on the horizon," said Dr. Yifan Zhai, Chief Medical Officer of Ascentage Pharma. "Remaining committed to the mission of addressing unmet clinical needs in China and around the world, we will expedite our clinical development programs to bring safe and effective therapies to patients in need."

Highlights of the study presented at ASH 2023:

Olverembatinib Combined with Venetoclax and Reduced-Intensity Chemotherapy for Patients with Newly Diagnosed Philadelphia Chromosome-Positive Acute Lymphoblastic Leukemia: Early Results From a Phase II Study

Format: Oral Report

Abstract: #827

Session: 614. Acute Lymphoblastic Leukemia: Therapies, Excluding Transplantation and Cellular Immunotherapies: Optimal Frontline Treatment for ALL

Time: December 11, 2023, Monday; 3:45 PM (Pacific Time) / December 12, 2023, Tuesday; 7:45 AM (Beijing Time)

Highlights:

Background: The combination of olverembatinib (HQP1351), a novel third-generation TKI, with venetoclax generated high response rates in patients with relapsed/refractory (R/R) Ph+ ALL. However, the efficacy and safety of these two agents-based regimens as frontline treatment remains unknown.

Methods: This is a single-arm Phase II study (NCT05594784) that enrolled patients ≥ 14 years (yrs) of age with newly diagnosed Ph+ ALL.

In cycle 1, patients were treated with a combination of venetoclax (100 mg on day 1, 200 mg on day 2, 400 mg on day 3-28), olverembatinib (40 mg once every continuously other day [QOD], from day 1-28), vincristine (1.4 mg/m2  [maximum dose 2 mg] on day 1, 8, 15, 22), and prednisone (60 mg/m2 on day 1-14; 40 mg/m2 on day 15-28). In cycle 2-3, oral treatment with venetoclax (400 mg × 7 days), olverembatinib once every other day continuously, and injectable prednisone (60 mg/m2 × 7 days) were administered. Cycles were repeated every 28 days. During cycle 1, the dose of olverembatinib for patients who reached CMR was reduced from 40 mg QOD to 30 mg QOD. The primary endpoint of this study was the rate of CMR at 3 months. CMR was defined as undetectable BCR-ABL1 transcripts by using the RT-PCR method with a sensitivity of 0.001%. Major molecular response (MMR) was defined as more than 3-log reduction of BCR::ABL1 transcripts.

Patients: From August 2022 to July 2023, a total of 45 patients were enrolled. The median age was 42 years (range, 19-74) and males accounted for 48.9%. 31 patients (68.9%) expressed the p190 transcript, and 14 patients (31.1%) expressed the p210 transcript. The median expression level of BCR::ABL1 was 90.3% (range, 25.9%-175.4%).

Efficacy results:

All patients have reached CR/CRi. At the end of cycle 1, 53.3% of patients achieved CMR and 28.9% MMR; at the end of cycle 2, 60.0% achieved CMR and 35.6% MMR; at the end of cycle 3, 62.2% achieved CMR and 31.1%  MMR. As of October 30, 2023, 16 of the 45 patients received autologous hematopoietic stem cell transplantation (Auto-SCT, 1 death), 8 patients received allogeneic hematopoietic stem cell transplantation (Allo-SCT), 5 patients received olverembatinib combined with blinatumomab, and 16 received olverembatinib combined with chemotherapy. 88.9% (40) of patients achieved CMR during treatment. The median (range) duration of follow-up was 8 (3-14) months, and no patient relapsed during follow-up.

Safety results: The combination regimen was well tolerated and safe. Most adverse events were grade 1-2. The demand for transfusion and the incidence of infections significantly decreased compared to the existing data on intensive chemotherapy plus TKI combinations. No patient discontinued olverembatinib or venetoclax because of toxicity.

Conclusions: The combination of olverembatinib and venetoclax with reduced-intensity chemotherapy is a safe and effective regimen in patients with newly diagnosed Ph+ ALL. The regimen results in high rates of CMR in the absence of intensive chemotherapy or immunotherapy.

*Olverembatinib is an investigational drug that has not been approved for any indication outside the Chinese mainland.

About Ascentage Pharma

Ascentage Pharma (6855.HK) is a globally focused biopharmaceutical company engaged in developing novel therapies for cancers, chronic hepatitis B, and age-related diseases. On October 28, 2019, Ascentage Pharma was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code 6855.HK.

Ascentage Pharma focuses on developing therapeutics that inhibit protein-protein interactions to restore apoptosis, or programmed cell death. The company has built a pipeline of 9 clinical drug candidates, including novel, highly potent Bcl-2, and dual Bcl-2/
Bcl-xL inhibitors, as well as candidates aimed at IAP and MDM2-p53 pathways, and next-generation tyrosine kinase inhibitors (TKIs). Ascentage Pharma is also the only company in the world with active clinical programs targeting all three known classes of key apoptosis regulators. The company is conducting more than 40 Phase I/II clinical trials in the US, Australia, Europe, and China. Ascentage Pharma has been designated for multiple Major National R&D Projects, including five Major New Drug Projects, one New Drug Incubator status, four Innovative Drug Programs, and one Major Project for the Prevention and Treatment of Infectious Diseases.

Olverembatinib, the company’s core drug candidate developed for the treatment of drug-resistant chronic myeloid leukemia (CML) and the company’s first approved product, has been granted Priority Review Designations and Breakthrough Therapy Designations by the Center for Drug Evaluation (CDE) of China National Medical Products Administration (NMPA). To date, the drug had been included into the China 2022 National Reimbursement Drug List (NRDL). Furthermore, olverembatinib has been granted an Orphan Drug Designation (ODD) and a Fast Track Designation (FTD) by the US FDA, and an Orphan Designation by the EMA of the EU. To date, Ascentage Pharma has obtained a total of 16 ODDs, 2 FTDs, and 2 Rare Pediatric Disease (RPD) Designations from the US FDA and 1 Orphan Designation from the EMA of the EU for 4 of the company’s investigational drug candidates.

Leveraging its robust R&D capabilities, Ascentage Pharma has built a portfolio of global intellectual property rights and entered into global partnerships with numerous renowned biotechnology and pharmaceutical companies and research institutes such as UNITY Biotechnology, MD Anderson Cancer Center, Mayo Clinic, Dana-Farber Cancer Institute, MSD, and AstraZeneca. The company has built a talented team with global experience in the discovery and development of innovative drugs and is setting up its world-class commercial manufacturing and Sales & Marketing teams. One pivotal aim of Ascentage Pharma is to continuously strengthen its R&D capabilities and accelerate its clinical development programs, in order to fulfil its mission of addressing unmet clinical needs in China and around the world for the benefit of more patients.

Forward-Looking Statements

The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, Ascentage Pharma undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development.

Source : Live from ASH 2023 | Oral Report Featuring Encouraging Data of Olverembatinib Combined with Reduced-Intensity Chemotherapy in Patients with Ph+ ALL Presented at the ASH Annual Meeting

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

ACCLAIMED ANIMATION DIRECTOR KONGKEE UNLEASHES A PSYCHEDELIC FUTURIST FANTASY AT TAI KWUN'S EXHIBITION KONGKEE: WARRING STATES CYBERPUNK IN HONG KONG

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"Past / Present / Future / Bleeding / Tearing / Drifting" 2023, three-channel video installation on LED, dimensions variable. Exhibition view from Kongkee: Warring States Cyberpunk. Courtesy of Tai Kwun, Hong Kong.

HONG KONG, Dec. 15, 2023 /PRNewswire/ — Returning to his home city of Hong Kong for his institutional solo exhibition, the award-winning animation director and visual artist Kongkee (a.k.a. KONG Khong-chang) is set to illuminate Tai Kwun, Hong Kong, with a fantastical psychedelic exhibition, transforming the Duplex Studio from 9 December 2023 to 3 March 2024 with an immersive narrative.


"Past / Present / Future / Bleeding / Tearing / Drifting" 2023, three-channel video installation on LED, dimensions variable. Exhibition view from Kongkee: Warring States Cyberpunk. Courtesy of Tai Kwun, Hong Kong.

By integrating animation, sound, and neon art, the exhibition Kongkee: Warring States Cyberpunk ponders alternative histories, and tells a new tale about Qu Yuan (c. 339 – 278 BC), a legendary Chinese poet and statesman, whom the Dragon Boat festival celebrates. In Kongkee’s imagination, Qu Yuan is resurrected and catapulted from the ancient Kingdom of Wu into a dystopian future.

In addition to showcasing selected works from the past, Kongkee develops new site-specific works at Tai Kwun, Past / Present / Future / Bleeding / Tearing / Drifting and Time Pause Became Mountain, Time Move Became Water, which reflect upon the contemporary world we inhabit and challenge our perceptions of the past. With a large-scale LED installation and site-specific neon works, the pieces in the exhibition captivatingly explore the desires inherent in traditional narratives and craftsmanship — as well as the ways in which they are informed and transformed by modern technologies.

Kongkee moreover delivers each act of Dragon’s Delusion to Hong Kong, from Preface, Departure to Assassination, presented in sequence for the first time. The animations resurrect the First Emperor, Qin Shi Huang — who unified China and whose empire collapsed almost immediately after his untimely death. Revisiting the origins of imperial China against the backdrop of a Hong Kong-inspired cyberpunk cityscape, the piece raises important questions about memory and identity, as well as the true meaning of justice and freedom.

The exhibition was first organised by the Asian Art Museum of San Francisco and curated by Abby Chen, Head of Contemporary Art and Senior Associate Curator, and this presentation at Tai Kwun is co-curated by Ying Kwok, Senior Curator at Tai Kwun.

Kongkee: Warring States Cyberpunk
9 December 2023 to 3 March 2024
Tue – Sun: 11am – 7 pm
Closed on Mondays (Except public holidays, in which case the following day would be closed)
Block 01 Duplex Studio, Tai Kwun 
Curators: Ying Kwok, Abby Chen
Lead Sponsor: Oriental Watch Company
Learn more: https://qrs.ly/yxffahv

Source : ACCLAIMED ANIMATION DIRECTOR KONGKEE UNLEASHES A PSYCHEDELIC FUTURIST FANTASY AT TAI KWUN'S EXHIBITION KONGKEE: WARRING STATES CYBERPUNK IN HONG KONG

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

ACCLAIMED ANIMATION DIRECTOR KONGKEE UNLEASHES A PSYCHEDELIC FUTURIST FANTASY AT TAI KWUN'S EXHIBITION KONGKEE: WARRING STATES CYBERPUNK IN HONG KONG

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"Past / Present / Future / Bleeding / Tearing / Drifting" 2023, three-channel video installation on LED, dimensions variable. Exhibition view from Kongkee: Warring States Cyberpunk. Courtesy of Tai Kwun, Hong Kong.

HONG KONG, Dec. 15, 2023 /PRNewswire/ — Returning to his home city of Hong Kong for his institutional solo exhibition, the award-winning animation director and visual artist Kongkee (a.k.a. KONG Khong-chang) is set to illuminate Tai Kwun, Hong Kong, with a fantastical psychedelic exhibition, transforming the Duplex Studio from 9 December 2023 to 3 March 2024 with an immersive narrative.


"Past / Present / Future / Bleeding / Tearing / Drifting" 2023, three-channel video installation on LED, dimensions variable. Exhibition view from Kongkee: Warring States Cyberpunk. Courtesy of Tai Kwun, Hong Kong.

By integrating animation, sound, and neon art, the exhibition Kongkee: Warring States Cyberpunk ponders alternative histories, and tells a new tale about Qu Yuan (c. 339 – 278 BC), a legendary Chinese poet and statesman, whom the Dragon Boat festival celebrates. In Kongkee’s imagination, Qu Yuan is resurrected and catapulted from the ancient Kingdom of Wu into a dystopian future.

In addition to showcasing selected works from the past, Kongkee develops new site-specific works at Tai Kwun, Past / Present / Future / Bleeding / Tearing / Drifting and Time Pause Became Mountain, Time Move Became Water, which reflect upon the contemporary world we inhabit and challenge our perceptions of the past. With a large-scale LED installation and site-specific neon works, the pieces in the exhibition captivatingly explore the desires inherent in traditional narratives and craftsmanship — as well as the ways in which they are informed and transformed by modern technologies.

Kongkee moreover delivers each act of Dragon’s Delusion to Hong Kong, from Preface, Departure to Assassination, presented in sequence for the first time. The animations resurrect the First Emperor, Qin Shi Huang — who unified China and whose empire collapsed almost immediately after his untimely death. Revisiting the origins of imperial China against the backdrop of a Hong Kong-inspired cyberpunk cityscape, the piece raises important questions about memory and identity, as well as the true meaning of justice and freedom.

The exhibition was first organised by the Asian Art Museum of San Francisco and curated by Abby Chen, Head of Contemporary Art and Senior Associate Curator, and this presentation at Tai Kwun is co-curated by Ying Kwok, Senior Curator at Tai Kwun.

Kongkee: Warring States Cyberpunk
9 December 2023 to 3 March 2024
Tue – Sun: 11am – 7 pm
Closed on Mondays (Except public holidays, in which case the following day would be closed)
Block 01 Duplex Studio, Tai Kwun 
Curators: Ying Kwok, Abby Chen
Lead Sponsor: Oriental Watch Company
Learn more: https://qrs.ly/49ffahs

Source : ACCLAIMED ANIMATION DIRECTOR KONGKEE UNLEASHES A PSYCHEDELIC FUTURIST FANTASY AT TAI KWUN'S EXHIBITION KONGKEE: WARRING STATES CYBERPUNK IN HONG KONG

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

BLUETTI Presents Generous Christmas Offers and Three New Portable Power Stations

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BLUETTI Holiday Sale

SYDNEY, Dec. 15, 2023 /PRNewswire/ — BLUETTI is ushering in the holiday spirit with special Christmas offerings on power stations from December 15th. Meanwhile, BLUETTI’s three new portable power stations will offer more gifting options this Christmas.


BLUETTI Holiday Sale

Three New Portable Power Stations

BLUETTI AC200L: Versatile Powerhouse
Perfect for beach BBQs, the AC200L is an upgrade of the AC200MAX with a larger 2,400W output that can power electric grills, fridges, fans, and more simultaneously. It supports fast wall charging without an adapter and can harness up to 1,200W solar power. Its new 20ms UPS mode makes it a responsive home backup.

BLUETTI AC70: Mobile Power Hub
Developed from the successful EB70, the AC70 is a grab-and-go generator for camping, picnics, and emergencies. With its Power Lifting mode, accessible via the BLUETTI app, it can even handle resistive loads of up to 2,000W in addition to outdoor essentials. The AC70 is solar-ready and provides ample power on the move.

BLUETTI AC2A: On-the-go Power
Replacing the EB3A as BLUETTI’s smallest power generator, the compact AC2A weighs only 3.6kg but packs 204Wh of power. Ideal for fishing, camping, and hiking, it can power a 20W speaker for around 5.5 hours and charge drones and phones multiple times.

BLUETTI Christmas Collection Highlights

Outdoor Solar Generator Kit: BLUETTI AC180 + MP200
The 16kg AC180 portable power station powers everything needed for an outdoor party, including lights, music equipment, coolers, and even some 2,000W resistive loads. Combined with some MP200 foldable solar panels, it supports an efficient 500W solar charge for continuous power in the wild.

Scalable Home Backup Power: BLUETTI AC300 + B300
Ideal for home backup during the summer bushfire season, the AC300 system responds within 20ms to power loss, keeping essential home appliances running. The modular battery system accepts capacity scalability and rapid solar recharging for bill saving.

During this holiday promotion, BLUETTI also offers triple BLUETTI BUCKS on orders and a 5% referral coupon/ reward.

About BLUETTI
BLUETTI has been committed to promoting sustainability and green energy solutions since its inception. By offering eco-friendly energy storage solutions for both indoor and outdoor use, BLUETTI aims to provide exceptional experiences for our homes while also contributing to a sustainable future for our planet. This commitment to sustainable energy has helped BLUETTI expand its reach to over 100 countries and gain the trust of millions of customers worldwide.

 

Source : BLUETTI Presents Generous Christmas Offers and Three New Portable Power Stations

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Pre-Conditional Voluntary Conditional Cash Offer for Vinda International at HK$23.50 per share

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Key Information:

Subject to the satisfaction or waiver of certain pre-conditions, Isola Castle Ltd, a member of the RGE-managed group of companies, will make an offer to acquire all the issued shares in Vinda International Holdings Limited (Vinda) at HK$23.50 per share, other than 92,538,100 shares (representing 7.69% of the issued share capital of Vinda) already owned by Beaumont Capital Fund Ltd.

The Offer Price of HK$23.50 per share is at a premium of approximately:

o   149.78% over the unaudited consolidated net asset value of approximately HK$9.41 per Share, based on the unaudited consolidated net assets of Vinda as at 30 June 2023 based on the number of Shares in issue as at the date of this announcement

o   22.12% over the average of the closing prices of the Shares as quoted on the Hong Kong Stock Exchange for the 60 trading days up to and including the Last Trading Day of HK$19.24 per Share

The two largest Shareholders, Essity GH and Mr. Li, representing approximately 72.63% of the issued share capital of Vinda as at the date of this announcement, have irrevocably undertaken to accept the Offer.

The Offer will allow shareholders an opportunity to realise all of their holdings in Vinda at an attractive premium over the market price of the shares for cash.

RGE has no plans to make any major changes to the current business operations of Vinda, or to introduce any major changes in the management or the employees as a result of the Offer.

SINGAPORE, HONG KONG and STOCKHOLM, Dec. 15, 2023 /PRNewswire/ — Subject to the satisfaction or waiver of the Pre-Conditions, Isola Castle Ltd, a member of the RGE-managed group of companies, today announced a pre-conditional voluntary conditional cash offer at HK$23.50 per share for all the issued shares in Vinda International Holdings Limited (Vinda), other than 92,538,100 shares (representing 7.69% of the issued share capital of Vinda) and already owned by Beaumont Capital Fund Ltd[1].

Headquartered in Singapore, RGE companies are global industry leaders across a range of sectors in the bioeconomy and in transition and renewable energy. The group operates one of the largest, most technologically advanced and efficient makers of pulp and paper products, including its flagship product PaperOneTM.

The two largest shareholders, Essity and Mr. Li, representing approximately 72.63% of the issued share capital of Vinda as at the date of this announcement, have irrevocably undertaken to accept the Offer.

The Offer will be made, subject to the satisfaction or waiver of the Pre-conditions which have been set out in the Pre-Conditional Voluntary Conditional Cash Offer Announcement.

Offer Details

If and when the Offer is made, the total value of the Offer is at approximately HK$26,102.6 million, which is equivalent to approximately US$3,342 million using an exchange rate of 1 USD = 7.81 HKD.

At HK$23.50 in cash for each Share acquired, it represents a premium of approximately:

o   149.78% over the unaudited consolidated net asset value of approximately HK$9.41 per share, based on the unaudited consolidated net assets of Vinda as at 30 June 2023 based on the number of shares in issue as at the date of this announcement

o   22.12% over the average of the closing prices of the shares as quoted on the Hong Kong Stock Exchange for the 60 trading days up to and including the Last Trading Day of HK$19.24 per share

No Plans for Major Changes

RGE has no plans to make any major changes to the current business operations of Vinda, including any redeployment of the fixed assets or to introduce any major changes in the management or the employees of Vinda.

Belinda Tanoto, Managing Director, RGE, said:

"RGE is a leading global player in the pulp, paper and tissue business. Vinda’s vision is to be Asia’s first choice for high quality hygiene products and services. RGE continues to leverage on Asia’s consumer growth story, and build a stronger, more efficient and more sustainable business."

Appointed Financial Advisers

BNP Paribas and CICC have been appointed as joint financial advisers to the Offeror in respect of the Offer.

-Ends-

About RGE – www.rgei.com 

Headquartered in Singapore, RGE is a group of resource-based manufacturing companies with global operations. We produce sustainable natural fibres, edible oils, green packaging and clean natural gas used to create products that feed, clothe and energise the world. We help improve billions of peoples’ lives through sustainable products they use every day. With more than US$35 billion in assets and 70,000 employees, we are creating a more recyclable, biodegradable and lower carbon future.

Committed to sustainable development, conservation and community development, we strive towards what is good for the community, good for the country, good for the climate, good for the customer, and good for the company. With current operations spanning across Indonesia, China, Brazil, Spain and Canada, we continue to expand and engage new markets.

[1] Belinda Tanoto is the daughter of Sukanto Tanoto who is the Founder and Chairman of RGE. She is also the sole shareholder of Beaumont Capital Fund Ltd.

Source : Pre-Conditional Voluntary Conditional Cash Offer for Vinda International at HK$23.50 per share

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

EBANX integrates Botón Bancolombia and simplifies payments for cross-border digital commerce in Colombia

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The Brazilian fintech specialized in payments for rising economies has added Botón Bancolombia, created by one of Colombia’s leading banks, to its portfolio of payment methods in Latin America. This is the first time the solution is available to cross-border merchants selling to customers in Colombia, enabling them to pay for products and services from around the world with the ease of a bank transfer.

CURITIBA, Brazil and MEDELLIN, Colombia, Dec. 15, 2023 /PRNewswire/ — EBANX, global fintech company specializing in payment solutions for rising economies, announced the direct integration of Botón Bancolombia, a payment method created by Bancolombia bank, to be part of its array of available payment methods in Latin America.

This strategic partnership aims to streamline and enhance the bank transfer experience within the digital economy in the country, creating access and connecting people and businesses in Colombia to the global digital commerce market, contributing to increased conversion rates and payment processing efficiency.

Available to more than 19 million individual customers of Bancolombia, especially its more than 10 million active digital customers, Botón Bancolombia allows users to make convenient and secure bank transfers when purchasing products and services online, from various digital commerce sectors such as streaming, SaaS, gaming, travel, online retail, among others.

EBANX merchants can integrate this solution into their checkout, offering to their customers with Bancolombia accounts a payment option that emphasizes simplicity with just a few easy steps. Recurring payment features will be available in Q2 of 2024, improving customers’ payment experience for digital commerce merchants with subscription services.

Account-based transfers accounted for a significant 30% share of payments made on digital commerce in Colombia in 2022, according to data from Americas Market Intelligence (AMI) in EBANX’s Beyond Borders study. Notably, nearly 55% of all bank transfers in the country in 2022 were made by Bancolombia users, according to the Superintendencia Financiera de Colombia.

"We are excited to integrate Botón Bancolombia into our diverse payments portfolio. EBANX’s global merchants will be able to tap into one of Colombia’s main alternative payment methods while providing a more seamless payment experience to Colombian customers," said Sebastián Fantini, Product Director at EBANX. "This partnership is a realization of EBANX’s mission to create access and connect booming digital ecosystems of rising markets to the global digital economy," he added.

"Since its creation, Botón Bancolombia has represented an easy way for millions of Colombians to access products and services simply, safely, and timely. Integration with EBANX is another step in the right direction, as it opens doors for our customers to businesses they didn’t have access to before," said Luz María Velásquez, Vice President of Retail, SMEs and Enterprises Businesses at Bancolombia. "This new relationship will strengthen the financial inclusion of millions of people who now have tools like Bancolombia a La Mano on their phones, allowing them to make purchases and continue growing in their journey through the formal financial system."

As digital commerce continues to thrive in Colombia, the partnership with Bancolombia is poised to play a crucial role in shaping the future of digital payments. "Considering EBANX’s merchant portfolio of 1,600 clients, the potential impact on the growth of digital commerce and customer convenience is substantial," said Fantini from EBANX.

ABOUT EBANX

EBANX is the leading payments platform connecting global companies with customers from one of the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales and fostering seamless purchase experiences for businesses and clients.

For more information:
Website: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/company/ebanx

ABOUT BANCOLOMBIA

Bancolombia is a financial group with 148 years of history and a presence in Colombia and Central America. It offers its portfolio of financial and non-financial products and services to more than 29 million customers. It provides, among others, commercial and consumer banking, stock brokerage, financial leasing, factoring, fiduciary services, asset management, private banking, and investment banking. The group is committed to promoting sustainable development for the well-being of all, seeking to impact the communities in the countries where it operates.

For more information:
Website: https://www.bancolombia.com
LinkedIn: https://www.linkedin.com/company/bancolombia/

Source : EBANX integrates Botón Bancolombia and simplifies payments for cross-border digital commerce in Colombia

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Global Times: 11-year-old Cambodian princess immersed in Chinese culture, celebrates long-held friendship

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BEIJING, Dec. 15, 2023 /PRNewswire/ — Adorned in a traditional Cambodian dress, 11-year-old Princess Jenna Norodom has ­captivated Chinese audiences with her performance of Cambodian and Chinese songs, as well as ­local dances, on the stage of Chinese state broadcaster CCTV’s international cultural exchange program The Beauty of Shared Arts.

This year marks the 65th anniversary of the establishment of diplomatic relations between China and Cambodia, as well as the China-Cambodia Friendship Year. The princess has conveyed the deepening friendship between China and Cambodia through her mesmerizing performances.

"Wearing the traditional dress and singing songs is my way to signify the bond between China and Cambodia, as well as my own appreciation for the friendship between the two nations," Princess Norodom told the Global Times.

Princess Norodom has long been recognized for her talents despite her young age, including singing and dancing. During her recent visits to China, her versatile showcase of talents, along with her passion for Chinese culture, has captured the hearts of many Chinese.

"For me, I wanted more people to love Cambodia and the more I started to learn about China, the more I fell in love with the country, the people, and the culture," she said.

This year marks the 10th anniversary of the China-proposed Belt and Road Initiative (BRI). The program The Beauty of Shared Arts, themed around the "Cultural Silk Road," has invited beneficiaries, participants, builders and communicators of the BRI to comprehensively narrate stories about mutual cultural learning and diverse cultural exchanges under the initiative. Princess Norodom has been one of the guests to share their stories in the program.

Her performance commenced with the Cambodian song "Angkor Path," a lyrical appreciation of the magnificent Angkor Wat temple, a UNESCO World Heritage site in the country and a symbol of the enduring friendship between China and Cambodia. 

Since the last century, China has dispatched numerous experts to aid in the restoration of Cambodia’s iconic temples, including the Ta Keo and Chau Say Tevoda.

Heartwarming experience

"’Angkor Path’ is dedicated to our beautiful temple that is one of the wonders of the world. China has made a lot of efforts to send specialists and help Cambodia restore many parts of the temples. We are very grateful for that," expressed Princess Norodom.

The princess has also showcased her fluency in Chinese through the performance of the Chinese song "­Co-nourished by the Lancang-Mekong River," accompanied by a Chinese children’s choir. 

"It was amazing to see their dedication. I hope to get to perform with them again in the future and maybe even in Cambodia," she said, recalling the memorable experience with the choir and calling it a "heartwarming" and "wonderful" experience that she will always cherish.

In addition to songs, the princess, who has been learning Khmer classical dance since an early age, taught a few movements of the fairy dance, one of Cambodia’s intangible cultural heritages. 

During the interview, she showcased several classic dance steps, which showed the process of a flower from planting to withering, and finally rebirth. The princess expressed her wish for more people to appreciate and experience the beauty of Cambodian dance.

‘Nostalgia of China’

The young princess also performed "Nostalgia of China," a song composed by her great grandfather the late King Norodom Sihanouk about his affection for China. 

"Singing this song was a way for me to honor his legacy and convey the emotions he felt," she noted. "I believe that the relationship between Cambodia and China has always been strong. The stories are carved on our temple walls. I’m just happy to be a part of it, and it will continue to grow with or without me."

In July 1958, then Chinese premier Zhou Enlai visited Cambodia and signed the China-Cambodia Joint Communiqué with King Norodom Sihanouk, which formally established diplomatic relations between the two countries.

Over the past decades, the bilateral relationship has remained strong, further fortified by the BRI. Cambodia was once an important site along the ancient Maritime Silk Road and is also a significant participating country in the BRI. BRI’s landmark projects, including the Sihanoukville Special Economy Zone, have attracted over 170 companies, creating tens of thousands of jobs and becoming a significant manufacturing base for Cambodia.

In addition, the Phnom Penh-Sihanoukville Expressway, the Siem Reap Angkor International Airport, and hydropower plants have greatly contributed to the boosting of the country’s economy, trade, investment, and tourism.

"It [the BRI] is great to have as an exchange of culture, and has had many impacts on Cambodian people’s lives. Now everyone in Cambodia is starting to learn the Chinese language. This wouldn’t happen if there were no positive impact on us," the princess noted.

King Norodom Sihanouk lived in China for nearly 40 years before passing away in Beijing in 2012. Reflecting on her recent visits to China, Princess Norodom said, "I can really feel the warmth and kindness of the country. It really humbled me, and I understood more why he loved this wonderful country so much."

She also expressed her own immersion in Chinese culture, learning Chinese, watching Chinese dramas and movies, listening to Chinese music. "Especially I have some idols I really love in China like Zhao Lusi. One of my favorite dramas is Hidden Love. I hope I get to meet her in the future." 

The princess said that the recent trips to China have energized her to learn the language more. 

 

Source : Global Times: 11-year-old Cambodian princess immersed in Chinese culture, celebrates long-held friendship

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

To Go to the Millennium Appointment, They and Hangzhou Staged a Transboundary Art Dialogue

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HANGZHOU, China, Dec. 15, 2023 /PRNewswire/ — This is a report from haiwainet.cn: After the successful hosting of the 19th Asian Games, Hangzhou has recently hosted another great event that has once again become a "window" for all countries to get to know China.

On the morning of Dec. 3rd, themed "Implementing the Global Civilization Initiative, Promoting Exchanges and Mutual Learning Between Civilizations", the first Liangzhu Forum was held in Hangzhou, the capital of East China’s Zhejiang province. The forum was named after the historical site Liangzhu and therefore served as the platform for cultural communication, attracting more than 300 guests from home and abroad,

The world has been eagerly anticipating this forum. In fact, there were batches of foreign friends who came to Hangzhou to tick off all resorts on their lists long before the opening of this forum.

More than 80 foreign artists departed from Liangzhu and visited the West Lake, the Grand Canal, and other places. The history, culture and art of Hangzhou along the way have greatly surprised them with their diversity and richness.

In the Liangzhu Museum, all kinds of ancient jade artifacts make overseas artists utter a gasp, "It’s extraordinary that the ancient Chinese people 5,000 years ago could have such fine handicrafts." "I’ve been to so many museums worldwide, and I’ve never seen anything like this! It’s very well-designed, and I can see many digital screens displaying these artifacts. And the most important thing is how vast your 5,000-year civilization is."

Besides, artists also experienced the local traditional culture. They put on the opera costumes, immersing themselves in experiencing the charm of traditional opera, painted on a Yuhang umbrella made of paper, feeling the art of calligraphy and painting… Through these practices, Yuhang culture, as part of China’s excellent traditional culture, has become more and more understood and loved by artists from different countries.

Now, the works of artists that are created after collecting special elements in Hangzhou are carefully framed and presented in Liangzhu Forum. The dazzling Hangzhou culture and civilization of various countries are also resonating here, telling the world about the elegance of Hangzhou, from ancient times to the present day. In the future, Hangzhou will continue to draw dynamic pictures of its culture beyond 5,000 years.

Source : To Go to the Millennium Appointment, They and Hangzhou Staged a Transboundary Art Dialogue

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network