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Spackman Entertainment Group’s New Action Film, A MAN OF REASON, Produced By Studio Take, Opens At The Korean Box Office

Spackman Entertainment Group’s New Action Film, A MAN OF REASON, Produced By Studio Take, Opens At The Korean Box Office
  • A MAN OF REASON, an action feature film produced by the Group’s wholly‐owned indirect subsidiary, Studio Take, opened at the Korean theatres on August 15
  • The film premiered at the 42nd Hawaii International Film Festival in the US, invited to the 47th Toronto International Film Festival in Canada and the 55th Sitges Film Festival in Spain, and pre-sold to 153 countries including Singapore, the United States, Japan, Australia, Thailand, the Philippines, India, Russia, France, Germany, Spain, Italy and Poland
  • Marking the directorial debut of Korean star Jung Woo-sung, internationally known for his role in STEEL RAIN (2017) and the Group’s hit production, COLD EYES (2013), A MAN OF REASON also headlines Park Sung-woong and Kim Nam-gil, who starred in Spackman Entertainment Group’s previous films, FOR THE EMPEROR (2014) and LOVERS VANISHED (2010), respectively

SINGAPOREMedia OutReach16 August 2023 – Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups founded in 2011 by global media & technology investor Charles Spackman, wishes to announce that the Group’s new action feature film, A MAN OF REASON, produced by the Group’s wholly‐owned indirect subsidiary, Studio Take Co., Ltd. (“Studio Take“), opened yesterday at the Korean box office on August 15.

The film was pre-sold to 153 countries including Singapore, the United States, Japan, Australia, Thailand, the Philippines, India, Russia, France, Germany, Spain, Italy and Poland, ahead of its official release in Korea.

The official trailer of A MAN OF REASON can be viewed at the Group’s website at spackmanentertainmentgroup.com.

Studio Take’s A MAN OF REASON received widespread international recognition, premiering at the 42nd Hawaii International Film Festival in the US, with invitations to the 47th Toronto International Film Festival (“TIFF“) in Canada and the 55th Sitges Film Festival in Spain. A MAN OF REASON was notably selected as the Special Presentation of the 2022 Official Selection at TIFF, one of the world’s four major international film festivals. The production was praised for its impressive cinematography and compelling performances of its actors.

The film features the story of Soo-hyeok (played by Jung Woo-sung), a man struggling to live a normal life after spending ten years in prison on behalf of his gang boss. The narrative unfolds as Soo-hyeok discovers he is a father and attempts to sever ties with his former gang, only to have the boss hire a notorious killer to take his daughter hostage. He decides to seek revenge, setting the stage for an intense, action-filled drama.

Co-starring in the movie are Park Sung-woong of FOR THE EMPEROR (2014) and Kim Nam-gil of LOVERS VANISHED (2010), both films previously produced by the Group. The main distributor of A MAN OF REASON is Acemaker Movie Works. North American distribution rights have been acquired by the independent film and television studio, Epic Pictures Group, known for distributing genre films in the US and Canada. Movie Cloud and Swift Productions are the distributors for the Taiwan and France markets respectively.

A MAN OF REASON further adds to Studio Take’s record of exceptional filmmaking, following in the footsteps of their previous works, including the musical film THE BOX (2021), featuring EXO’s Chanyeol, and the art film STONE SKIPPING (2020), which earned an invitation to the 23rd Busan International Film Festival.

Studio Take’s next project, THE GUEST (working title), is currently in post-production and scheduled to be released in the second half of this year or first half of next year. The Group remains confident in Studio Take’s ongoing commitment to delivering a steady stream of top-tier cinematography.

Hashtag: #SpackmanEntertainmentGroup

The issuer is solely responsible for the content of this announcement.

About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited (“SEGL” or the “Company“), and together with its subsidiaries, (the “Group“), is one of Korea’s leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea.

The Company was founded in 2011 by renowned media and technology investor Charles Spackman who served as the Company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry starting in the early 2000’s with the pioneering success of Sidus Pictures, the largest movie production company at the time and the first to be listed in Korea. Mr. Spackman is also the Founder, Chairman and Chief Executive Officer of the global investment firm, Spackman Group. For more information, please visit charlesspackman.com and spackman-group.com/charles-spackman.

Since its founding, SEGL had produced more than 30 major motion pictures including a number of the highest grossing and award-winning films in Korea, namely #ALIVE (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWPIERCER (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).

Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. Generally, we release our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

Production Labels

SEGL owns a 100% equity interest in Studio Take Co., Ltd. (“Studio Take“) which produced STONE SKIPPING (2020) and THE BOX (2021). Its latest film, A MAN OF REASON, premiered in the US at the 42nd Hawaii International Film Festival. The film was also invited to the 47th Toronto International Film Festival, the largest film festival in North America, and the 55th Sitges Film Festival, one of the world’s top three genre film festivals. Studio Take shall also release an upcoming film, THE GUEST (working title), which is at the post-production stage and scheduled to be released in the second half of 2023 or first half of 2024.

SEGL owns Novus Mediacorp Co., Ltd. (“Novus Mediacorp“), an investor, presenter, and/or post-theatrical distributor for a total of 80 films (59 Korean and 21 foreign) including OKAY MADAM (2020), LONG LIVE THE KING (2019), MY FIRST CLIENT (2019), ROSE OF BETRAYAL (2018), THE OUTLAWS (2017) and SECRETLY, GREATLY (2013), which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS (2013), as well as FRIEND 2: THE GREAT LEGACY (2013). In 2012, Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE (2012), a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time highest Video On Demand (“VOD“) sales records in Korea. For more information, please visit novusmediacorp.com.

The Company owns a 100% equity interest in Greenlight Content Limited (“Greenlight Content“) which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group’s first co-produced drama, MY SECRET TERRIUS, starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.

The Company owns a 100% equity interest in Simplex Films Limited (“Simplex Films“) which is an early stage film production firm. The maiden film of Simplex Films, JESTERS: THE GAME CHANGERS (2019), was released in Korea on 21 August 2019. Simplex Films has several line-up of films including HURRICANE BROTHERS (working title).

The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL, a comedy horror film.

Talent Representation

The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL“). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as SBD Entertainment Inc. (Son Suk-ku, Han Ji-hyun, Park Keun-rok), MSteam Entertainment Co., Ltd. (Son Ye-jin, Wi Ha-jun, Lee Min-jung, Ko Sung-hee, Lee Cho-hee), UAA&CO Inc. (Kim Sang-kyung) and Play Content Co., Ltd. (Hwang-hwi). Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit spackmanmediagroup.com.

The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. (“Constellation Agency“). Constellation Agency, which owns The P Factory Co., Ltd. (“The P Factory“) and Platform Media Group Co., Ltd. (“PMG“), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency, which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

Strategic Businesses

The Company also operates a café-restaurant, Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Thai Airways returns to profitability as travel demand increases

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Thailand Business News

Thai Airways International reported a net profit of 2.2 billion baht ($62.6 million) for the April-June quarter, a significant improvement from the 3.2 billion baht net loss in the same period last year.

The airline’s turnaround was driven by increased demand for flights to China and Japan, as well as strong performance on routes to Europe and Australia.

Thai Airways is on track to complete its restructuring by 2024 and plans to relist on the Thai stock exchange to raise fresh funds. The company has also formed partnerships with Turkish Airlines and Singapore Airlines to enhance its operations and expand its reach.

The Thai government anticipates a surge in tourism, with a projected increase in international arrivals to almost 30 million in 2023, driven by the return of Chinese travelers and efforts to attract visitors from the Middle East.

Thai Airways International (THAI) is expected to exit its court-sanctioned rehabilitation plan ahead of schedule, with a projected departure in mid-2024, driven by consistently improving performance and recovery in the tourism sector.

THAI and its…

Thai Airways returns to profitability as travel demand increases

A.S. Watson Group Triumphs with 12 Stevie® Awards in the 2023 International Business Awards® Malina Ngai, CEO of A.S. Watson, Honoured as Executive of the Year in Retail

A.S. Watson Group Triumphs with 12 Stevie® Awards  in the 2023 International Business Awards® Malina Ngai, CEO of A.S. Watson, Honoured as Executive of the Year in Retail

HONG KONG SAR – Media OutReach – 16 August 2023 – A.S. Watson Group, the world’s largest international health and beauty retailer, has been recognised with an impressive 12 Stevie® awards at the 20th International Business Awards®. These includes 6 Gold, 4 Silver, and 2 Bronze accolades, with being named Company of the Year in Retail. The Group’s extraordinary performance is further exemplified by the achievement of its CEO, Malina Ngai, receiving the title of Executive of the Year in Retail.

A S Watson Group_Image.jpg

According to Malina Ngai, CEO of A.S. Watson (Asia & Europe), “We are incredibly proud to be the recipient of 12 esteemed Stevie Awards, acknowledging our commitment to O+O platform strategy, social media creativity and industry leadership. It is truly heartening to see the hard work and dedication of our incredible team of 130,000 colleagues from all over the world being recognised on such a global platform.”

Amongst 12 awards spanning multiple categories, Ngai’s recognition as the Executive of the Year in Retail is a testament to her visionary leadership and significant contributions to A.S. Watson Group’s success. Her dedication to fostering an innovative and customer-obsessed culture has led to significant achievements and growth for A.S. Watson Group.

Ngai added, “It’s also a great honor for me to receive the prestigious title of Executive of the Year in Retail. I want to express my heartfelt gratitude to every colleague of A.S. Watson Group and also our business partners who have been supporting me and our company throughout the growth journey.”

A.S. Watson Group received praise from the judges. One judge remarked, “A.S. Watson Group’s remarkable growth and resilience over 180 years make it a standout in the health and beauty retail industry. Their expansion into new markets, strong business results despite the pandemic, and unique O+O platform strategy demonstrate innovation and adaptability. Exceeding sustainability targets showcases their commitment to making a positive impact. Their impressive rise in the rankings further solidifies their position as a global leader in the retail sector. The Group sets an inspiring example for other companies, showcasing that success and sustainability can go hand in hand even during challenging times.”

Here are the 12 Stevie® awards won by A.S. Watson:

  • Company of the Year – Retail
  • Executive of the Year – Retail
  • Communications or PR Campaign of the Year – Influencer Management
  • Communications or PR Campaign of the Year – Influencer Marketing
  • Communications or PR Campaign of the Year – Environmental
  • Communications or PR Campaign of the Year – Community Engagement
  • Communications or PR Campaign of the Year – Sport
  • Cause & Green – Sustainable Event
  • Corporate & Community – Community Engagement Event
  • Mobile App – Shopping
  • Mobile App – Best User Experience
  • Technology Department of the Year

The International Business Awards are the world’s most prestigious business awards programme. All individuals and organizations worldwide – public and private, for profit and non-profit, large and small – are eligible to submit nominations. In 2023, International Business Awards® received more than 3,700 nominations from organisations in 61 nations and territories. Stevie Award winners were determined by the average scores of over 230 executives globally who participated in the judging process in June and July.

Details about The International Business Awards and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA.

Hashtag: #ASWatsonGroup

The issuer is solely responsible for the content of this announcement.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

ViewQwest strengthens commitment to Information Security Management standards with ISO 27001:2013 certification

ViewQwest strengthens commitment to Information Security Management standards with ISO 27001:2013 certification

Globally recognised compliance standard affirms best practices in Information Security Management Systems

SINGAPORE – Media Outreach – 16 Aug 2023 – ViewQwest – an award-winning Telecommunications and Managed Security Services Provider, has achieved ISO 27001:2013 certification – a globally recognised security compliance standard outlining best practices for organisations to manage information security risks through the creation of an information security management system (ISMS).

Following a rigorous audit and certification process, which is repeated annually, the certification was issued by TÜV AUSTRIA CERT GMBH from Akkreditierung Austria, the Austrian National Accreditation Body – a leading provider of testing, certification, auditing and advisory services.

“We are proud to be ISO 27001:2013 certified. By achieving this certification, ViewQwest has demonstrated our ability to identify and manage risks related to data and information security. It underscores our commitment to security best practices and, most importantly, to protect our clients’ company and customer data,” said Vignesa Moorthy, ViewQwest Group CEO.

The certification affirms that ViewQwest has established and implemented, and maintains and continually improves their information security policies, procedures and systems to safeguard non-public (confidential and internal) data such as customer data, financial data and internal communications from external breaches or being leaked to the public, in compliance with ISO 27001 standards.

ISO 27001 is the best-known and most globally recognised standard for information security management systems, data protection, cyber resilience, and their requirements. Through the implementation of ISO 27001 standards, organisations take a systematic approach for managing the security of vital assets and sensitive information in a way that minimises risks and ensures confidentiality and integrity.

For more information on ViewQwest, please visit https://corporate.viewqwest.com/
Hashtag: #ViewQwest

The issuer is solely responsible for the content of this announcement.

About ViewQwest

ViewQwest is an award-winning Telecommunications and Managed Security Services Provider. Headquartered in Singapore and with operations in Malaysia, the Philippines, Hong Kong, and Vietnam, it is a trusted partner of global MNCs and top companies in North and Southeast Asia. As a certified Managed Security Services Provider with expertise in leading cybersecurity technologies, it helps build and manage high-performing network and security infrastructure for the digital enterprise, securely connecting corporate sites and workforces across the world.

ViewQwest also provides Premium Residential & Business broadband & cybersecurity services in Malaysia and Singapore, and has been recognized as Singapore 2023 Broadband Telecom Provider of the Year by the Asia Telecom Awards.

For more information, visit

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

China Lilang Announces 2023 Interim Results

China Lilang Announces 2023 Interim Results

Revenue Up by 6.7% to RMB1,491 Million Net Profit Amounts to RMB270.5 Million Interim Dividends of HK18 Cents Per Share

HONG KONG SAR – Media OutReach – 16 August 2023 – China Lilang Limited (“China Lilang”, or the “Company”, together with its subsidiaries, the “Group”; stock code: 1234) today announced its interim results for the six months ended 30 June 2023.

Mr. Wang Dong Xing, Chairman and Executive Director of China Lilang, said:

“In the first half year, the society in Mainland China has returned to normalcy and the economy has gradually emerged from COVID-19’s impact, with physical stores resuming normal operation and the consumer goods retail market recovering. We have also benefitted from the lifting of lockdown and control measures and the resumption of social activities, and have used the opportunity to upgrade Lilang’s brand strategy. The store image renovation works, which were previously delayed by the pandemic, have continued to proceed. We hope to present a more fashionable and younger brand image with a new store image, in a bid to capture greater attention and gain popularity among consumers. During the reporting period, total retail sales of the Group’s products maintained positive growth, achieving single-digit growth year-on-year.”

For the six months ended 30 June 2023, the Group’s revenue increased by 6.7% year-on-year to RMB1,491 million. Profit from operations was up by 3.9% to RMB305 million. Gross profit margin was 51.8%, an increase of 3.1 percentage points year-on-year. The growth was mainly attributable to the relaxation of lockdown and control measures and the resumption of social activities. The smart casual business, which has higher gross profit margins, showed significant growth and its sales proportion also increased correspondingly. During the same period last year, the Group cleared off-season inventories by reducing prices, following a decision to cease the development of professional sports shoes. Hence, the Group was able to achieve a healthier off-season product inventory level this year. Such decrease in off-season inventory allowed the Group to write back some of its inventory provision. In addition, since the price increase began mainly in the second half of 2022, the unit sales price in the first half of 2023 was therefore higher than the same period last year. Net profit increased by 5.2% to RMB270.5 million, while net profit margin declined by 0.3 percentage point to 18.1%. Earnings per share was RMB22.6 cents.

During the reporting period, the Group maintained a healthy financial position with sufficient cash flow. The Board of Directors has resolved to pay an interim dividend of HK13 cents per share (2022 Interim: HK13 cents) and a special interim dividend of HK5 cents per share (2022 Interim: HK5 cents), maintaining a stable payout ratio.

The Group has established four sales channels following a reform of the sales channels, namely: core collection distribution and consignment models, direct-to-retail model of the smart casual collection, and e-commerce. The Group currently operates 2,394 core collection stores, 39% of which adopt the consignment operation model. During the reporting period, the Group continued to support distributors by optimizing the retail network. The Group also optimized store locations and space utilization of its smart casual business, while store renovations in Jiangsu, Qingdao and Wuhan continue apace, significantly improving sales efficiency as a result. The Group has a total of 2,646 retail stores nationwide, of which 252 are direct-to-retail stores, while 842 stores are in shopping malls, accounting for approximately 31.8% of the total store count and approximately 34.3% of total retail floor area. The Group also has 60 outlet stores. During the reporting period, both inventory balance and off-season inventory decreased, mainly because the Group added outlet stores and online retail channels. That, plus the commencement of operation of the logistics center, has raised the efficiency of inventory turnover, and the inventory of core collection and smart casual direct-to-retail stores continue to improve.

New retail remains one of the Group’s top priorities for business development, and the Group has been actively promoting the business of its LILANZ core collection and smart casual collection. These businesses are operated through the online-only sales model of its direct-to-retail online stores, as well as the ordering-online-while-picking-up-offline model of WeChat Mall. During the reporting period, the Group organized sales promotions through its direct-to-retail online stores, and launched the ice-type polo shirt hot products, during the 618 E-commerce Shopping Festival, boosting retail sales of online stores by approximately 24% year-on-year. In addition, the Group utilized its WeChat business platform to set up stores in WeChat Mall and provide customer relationship management services, taking advantage of the social platform’s interactive features to drive store efficiency and clear off-season inventory. Sales from the WeChat Mall business dropped year-on-year due to the slower off-season inventory clearance. During the reporting period, consolidated new retail sales only grew by 2.8%, but profit margins increased significantly.

In terms of brand management and promotion, the Group has focused on developing China Lilang’s core ‘minimalist menswear’ brand concept, which combines fashion with culture and art, creating distinctive product features with original designs. The Group has also developed quality iconic items to improve product quality and performance, optimized the store network, and strengthened management of the retail end, with the objective of revealing Lilang’s fashion aesthetics and leading a new trend of simple menswear with a multi-pronged approach. As for the promotion of the smart casual business, the Group has appointed celebrities as spokespersons and conducted large-scale promotional campaigns, which effectively improved brand awareness and reputation. In addition, the renovation work involving the core collection’s seventh-generation store image has gradually expanded to existing stores, further enhancing the brand image and consumers’ shopping experience.

Looking at the second half of 2023, in light of multiple uncertainties – including a complex international environment, weakening Mainland export demand, continuous sluggish real estate market, slowdown in economic growth, and declining employment rates – the central government will vigorously drive economic growth and encourage consumption to support the retail market. Thus, the outlook for the retail market remains cautiously optimistic. The Group will also continue to adopt a flexible sales strategy, strive to enhance its brand image, consolidate its store network, drive new retail development, maintain healthy channels and reduce inventory risks, which will help the Group to outperform industry peers.

In the second half year, the Group will remain cautious in opening new stores and adhere to its goal of net increase of 100 stores for the entire year of 2023. The goal is expected to achieve in the second half of the year. In addition to opening more stores in high-quality shopping malls in provincial capitals and prefecture-level cities, some of the existing shopping mall stores will be relocated to better locations or larger spaces in malls to improve store efficiency. More outlet stores will also be opened as a channel for clearing inventory. In addition, China Lilang will continue to make store-related adjustments in Jiangsu, Qingdao and Wuhan in the second half year.

For new retail, the Group will continue to promote e-commerce, using online stores as one of the key platforms for new product launches. In the second half year, the online stores will launch more e-commerce special edition products, while unique and iconic items will be launched online before the Double 11 Shopping Festival to meet consumer demand for personalized clothing and better wearing experiences, and thereby improve the gross profit margin and create new growth drivers for the full-year results. The Group will also drive sales growth in different locations through live streaming on Douyin. These initiatives are aimed at fostering consumer loyalty and improving performance. Moreover, the Group plans to invest in intelligent workshops in the second half year to further enhance its ability to quickly replenish orders and to implement the product launch on e-commerce channels.

China Lilang will continue to leverage the mutual exchange of inventory and the complementary advantages of WeChat Mall stores and physical stores to optimize channels, improve the store network, and increase store efficiency and product sell-through rate, so as to drive steady sales growth and achieve the target of 10% total retail sales increase in 2023. In addition, its membership program will be enhanced by organizing more diverse membership activities, as well as offering exclusive offers and discounts. The Group will also fully strengthen the retail information system, extend the retail space through WeChat mini-programs and other means, and connect online with offline platforms to expedite product planning, innovative research and development, upgrade of clothing pattern technologies, and product launches.

Mr. Wang Dong Xing, Chairman of China Lilang, concluded: “In the face of multiple challenges, China Lilang will continue to respond proactively, be cautiously optimistic, adopt a flexible sales strategy, consolidate its store network, accelerate the development of new retail, and enhance its brand image and sales efficiency in order to maintain stable performance growth.”

Hashtag: #ChinaLilang

The issuer is solely responsible for the content of this announcement.

China Lilang

China Lilang is one of the leading PRC menswear enterprises. As an integrated fashion enterprise, the Group designs, sources and manufactures high-quality business and casual apparel for men and sells under the LILANZ brand across an extensive distribution network, covering 31 provinces, autonomous regions and municipalities in the PRC.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Hang Lung Teams Up with Green Startup and NGO to Shape Circularity in Hong Kong

Hang Lung Teams Up with Green Startup and NGO to Shape Circularity in Hong Kong

The first phase of its holistic resource utilization scheme has diverted nearly 140,000 kg of municipal waste from landfill, avoiding more than 510 tons of carbon emissions and benefiting 14 NGOs

HONG KONG SAR – Media OutReach – 16 August 2023 – Hang Lung Properties (SEHK stock code: 00101) (the “Company” or “Hang Lung”) today announced its partnership with Hong Kong-based green startup Sustainable Office Solutions (SOS) and Crossroads Foundation, a local non-profit serving global needs, to implement a holistic resource utilization scheme for Hang Lung’s Hong Kong Office Rejuvenation Project. The first phase of the collaboration has seen over 3,200 office resources being reused, redistributed, or recycled, successfully diverting nearly 140,000 kg of municipal waste from landfill and avoiding more than 510 tons of carbon emissions—the equivalent of the carbon emissions generated by over 3,000 flights between Hong Kong and Singapore.

Hang Lung Properties teams up with SOS and Crossroads Foundation to divert nearly 140,000 kg of municipal waste from landfill through the first phase of its resource utilization scheme for Hang Lung's Hong Kong Office Rejuvenation Project (From left to right) Mr. Markus Oetiker, Global Distribution Operations Manager of Crossroads Foundation, Ms. Janet Poon, Director – Human Resources & Administration of Hang Lung Properties, and Ms. Pamela Hinton, General Manager of SOS
Hang Lung Properties teams up with SOS and Crossroads Foundation to divert nearly 140,000 kg of municipal waste from landfill through the first phase of its resource utilization scheme for Hang Lung’s Hong Kong Office Rejuvenation Project
(From left to right) Mr. Markus Oetiker, Global Distribution Operations Manager of Crossroads Foundation, Ms. Janet Poon, Director – Human Resources & Administration of Hang Lung Properties, and Ms. Pamela Hinton, General Manager of SOS

Since May 2023, Hang Lung has been undergoing a major rejuvenation project for its Hong Kong offices, which aims to create workplaces that promote wellness, engagement, and a collaborative culture. With sustainability being one of the core values of the Company, thorough reviews were conducted to identify ways in which to minimize the Project’s environmental impacts and promote employee and community wellbeing. Measures implemented as part of the scheme include:

1) Staff Take Home Program: Hang Lung’s Hong Kong employees were encouraged to take home well-maintained office furniture and electronic appliances, including task chairs, pedestals, computer monitors and ovens, for free. The first round of the program was well-received, with close to 90 staff members participating.

2) Donation to NGOs: 182 items of office resources were donated to 14 NGOs in the initial phase of the collaboration, including Crossroads Foundation, Oxfam Hong Kong and Hong Kong PHAB Association, spanning different NGO sectors in Hong Kong. These assets help support the planning and implementation of their community projects.

3) Reuse: Hang Lung is currently using numerous recycled office resources at its swing office, while others are being stored for reuse upon completion of the Project.

4) Upcycle: Resources that cannot be reused, such as wooden desktops, will be processed and transformed into items like office panels for secondary use.

5) Recycle: Other remaining non-reusable resources will be sent to local recyclers for treatment to maximize their circular economy benefits.

Ms. Janet Poon, Director – Human Resources & Administration of Hang Lung Properties, said, “Sustainability is one of our core values, and we are committed to embedding sustainable practices across all our operations and workplaces. We are delighted to see the positive impacts we have achieved in both the environmental and social spheres through our collaboration with SOS and Crossroads Foundation. We have not only optimized the utilization and management of our existing office resources but have also enhanced the wellbeing of our employees and the wider community. We hope this initiative will become a best practice for our industry and help accelerate the transition to a circular economy in Hong Kong.”

Ms. Pamela Hinton, General Manager of Sustainable Office Solutions, said, “We are delighted to have the opportunity to collaborate with Hang Lung on providing a sustainable office resource inventory management solution. This collaboration effectively promotes resource recycling, drives a circular economy, and contributes to the betterment of the community. We look forward to this partnership serving as a catalyst for other businesses to adopt circular economy principles when managing various resources.”

Mr. Markus Oetiker, Global Distribution Operations Manager of Crossroads Foundation, said, “This partnership is a wonderful example of how different parties can come together to positively impact the community. We were so pleased to see the office furniture matched with local NGOs to help refurbish their service centers. It has been such a pleasure to play our part alongside Hang Lung and SOS in redirecting these resources into the hands of those in need.”

Hashtag: #HangLungProperties

The issuer is solely responsible for the content of this announcement.

About Hang Lung Properties

Hang Lung Properties Limited (stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

About Sustainable Office Solutions (SOS)

SOS specialises in office inventory management and provides a tailored and streamlined service to support businesses in their transition towards a resource-efficient, circular and sustainable economy. Through sustainable solutions that optimise redistribution, repurposing, recycling and reuse, SOS helps corporations, property managers and developers to maximise the value of their office assets while minimising waste during renovation and relocation, with an overall waste diversion rate of 95%.

For more information, please visit .

About Crossroads Foundation

Crossroads Foundation is a Hong Kong based, non-profit organisation serving global need, staffed entirely by volunteers. Crossroads started in 1995 and believes that, in a broken world that sees too much suffering, they should do all they can to connect people who are in need with those who can provide help. As well as collecting and redistributing donated goods, they offer experiential simulations on issues like refugees, urban poverty and disability, advocate fair trade through their shop, and help companies find non-profit projects to partner on.

For more information, please visit .

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Popmaxcrypto Unveils Proprietary Token on its New Digital Asset Trading Platform

Popmaxcrypto Unveils Proprietary Token on its New Digital Asset Trading Platform

SINGAPORE – Media OutReach – 16 August 2023 – Recently, the innovative digital asset trading platform, popmaxcrypto, launched its proprietary token officially, promising to offer users a safe and effective trading environment. The platform’s token, referred to as PMC, was formally rolled out on August 10th.

Popmaxcrypto’s trading platform primarily focuses on cryptocurrency as its key trading product, delivering comprehensive digital asset trading services to users. This platform enables users to purchase, sell, exchange, and securely store cryptocurrencies. Compared to conventional financial institutions, popmaxcrypto’s trading platform offers lower transaction fees, higher transaction speeds, and a broader variety of transaction options, thus offering users an optimum trading experience with more choices.

As a new entrant in the exchange market, popmaxcrypto places a premium on safeguarding the security of user assets. The platform utilises superior crypto technology and multiple authentication mechanisms to maximise the protection of users’ assets and transaction data. Additionally, popmaxcrypto cooperates with several reputable digital asset storage institutions to offer more secure asset storage services.

The platform’s proprietary token, PMC, was officially launched on August 10th, granting users greater transaction convenience. PMC tokens serve multiple purposes, including settling transaction fees and participating in platform voting decisions. Moreover, holders of PMC tokens are eligible for additional transaction discounts and platform privileges.

The inauguration of popmaxcrypto’s trading platform will usher in more trade opportunities and an improved trade experience for digital asset investors. Users can embark on their digital asset trading venture by registering for a popmaxcrypto account. The platform is committed to continually enhancing and optimising its services to offer users more value.

Hashtag: #Popmaxcrypto

The issuer is solely responsible for the content of this announcement.

About popmaxcrypto trading platform

The popmaxcrypto trading platform is a pioneering digital asset exchange dedicated to providing users with a secure and efficient trading environment. The platform prioritises cryptocurrency as its cornerstone trading product, providing users with comprehensive digital asset trading services. The platform’s token, PMC, was formally rolled out on August 10th, offering greater transaction convenience and benefits to users. The platform continues striving towards refinement and optimisation of its services, aiming to deliver enhanced value to users.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Acclaimed Digital Entertainment Leadership Forum 2023 Returns to the Spotlight This August

Acclaimed Digital Entertainment Leadership Forum 2023 Returns to the Spotlight This August

Exploring new developments in Web3 and creating a new future for entertainment

HONG KONG SAR – Media OutReach – 15 August 2023 – The annual Digital Entertainment Leadership Forum (DELF), hosted by Cyberport, will return from August 25, 2023 (Friday) to August 27, 2023 (Sunday).

The Digital Entertainment Leadership Forum 2023 is part of the “Happy Hong Kong” Campaign and an important event to celebrate Cyberport’s 20th Anniversary. There will be activities such as an AR gaming experience, a smart climbing wall and gaming platform, a racing simulator, and a musical instrument app learning workshop. There will be food booths on site, welcoming the public to participate and experience.

The three-day event, themed “Power UP! When Entertainment Goes Beyond 3oundaries”, invites local and overseas industry representatives to share how digital entertainment experiences in arts, education, sports, and life are evolving in the era of Web3. It will also showcase the convenience and opportunities brought by innovative technologies. In addition, Cyberport will invite a group of celebrities and artists to actively engage with and experience the transformative power of new technologies. DELF will also feature multiple innovative technology exhibitions and experiential zones, offering an exhilarating digital journey for industry professionals, esports enthusiasts, and the public alike.

Indulging in the Thrills of Digital Entertainment for Three Days in Four Exciting Zones

The disruptive power of Web3 continues to break the boundaries between entertainment and interactive experiences. During the three-day DELF event, four major digital entertainment experience zones featuring artainment, edutainment, sportainment and LOHAS. Each zone showcases the latest digital technologies and innovative applications, delivering interactive and immersive experiences leveraging Web3 and artificial intelligence in different digitainment contexts. In addition to these enthralling experiences, participants will also have access to a diverse array of keynote speeches, panel sessions, and workshops that address the latest trends and future developments in the digital entertainment industry impacted by the rising tide of Web3.

Exploring Web3’s Impact on Digital Entertainment with Industry Experts

To comprehensively explore the practical applications of Web3 in the virtual world, DELF has assembled a distinguished panel of over 90 experts from internationally and locally renowned technology companies for the main forum, including representatives from HTC, Tencent, Metaverse Corporation, Moxy, Cognitive Systems Lab, CMGE, Brandoville Studios, L.I.M.Design Work, Hong Kong Game Industry Association and Meta Artainment.

The event will delve into areas such as NFTs, Generative AI content, technical creation and streaming, virtual production technology for movies and animation, digitized sports, integration of games and music, and the entire digital ecosystem. The acclaimed panelists will explore ways to transcend current business models and value chains in the digital entertainment industry, and share experiences and insights on the impact and opportunities of digitization.

Mr. Peter Yan, CEO of Cyberport, said, “DELF is the annual flagship activity in the digital industry and Web3 Living Lab will be officially launched during the event. There will be many more diversified activities this year and as part of the ‘Happy Hong Kong’ Campaign, we will provide more exciting and memorable experiences for the participants in this DELF.

With the advancement of Web3, the digital entertainment industry has entered a new era, bringing tremendous potential to the digital entertainment industry. Web3Hub@Cyberport brings together over 180 Web3 enterprises and start-ups worldwide, forming the largest Web3 community in Hong Kong which covers Fintech, Smart Living and Digital Entertainment. We combine digital and entertainment elements to provide wonderful experiences for attendees through the four major digital entertainment zones: the metaverse experience zone, gaming and competitions and innovative technology workshops which embrace the elements of play, learning and usage, creating a happy and fun experience for the participants. We eagerly anticipate that DELF will open the doors for attendees to explore development opportunities in Web3 and the digital entertainment industry.”

Diversified digital entertainment experiences, combined with various gifts and promotions

The experience zones of DELF will take the public’s imagination of Web3 to a new height. Highlights include the spotlight-grabbing “Play to Earn” activities. To participate, attendees can activate their “Play to Earn” platform account before the event. Once on-site, they can venture through the four experience zones to complete specific tasks and challenges and earn points by scanning QR codes at each checkpoint. These points can later be redeemed for a variety of exciting gifts at the gift redemption counter!

This year’s top prizes include 200,000 travelling miles from Divit Miles, Sony PlayStation 5, HTC VIVE XR Elite, and autographed jerseys from renowned football players. In addition, any participant purchasing a DELF admission pass will get a free ticket to the Hong Kong Computer and Communications Festival 2023. Ticket holders of Hong Kong Computer and Communications Festival can redeem a DELF Experience Pass at HK$60 (50% off) by presenting the promotion flyer at the DELF counter.

Enchanting Performances Bringing People Together

To celebrate this annual digital entertainment flagship event, a line-up of celebrities including Kandy Wong Shan Yee, Amy Tam, Ophelia So (O3), Kris Law Kai Chung, kinlung @all for one, Iron Music, BIM Band, and Joyous Band will perform in a magnificent concert during DELF. The HKITDA AI Art Tech Concert will bring a multitude of fantastic and entertaining performances, blending artistry and technology. Join us at Cyberport and experience extraordinary moments together!

Click here to download the high-resolution photos here.

Photo Captions:

Photo 1: The annual digital entertainment signature event, Digital Entertainment Leadership Forum (DELF) 2023 will return to Cyberport from 25 August(Friday) to 27 August(Sunday). Under the theme “Power UP! When Entertainment Goes Beyond 3oundaries”, local and international business representatives will gather and explore how digital entertainment experiences are transforming art, education, sports and everyday life in the Web3 era, while showcasing the conveniences and opportunities of cutting-edge technology. (From left: Ian Chan, Chief Corporate Development Officer; Peter Yan, Chief Executive Officer; Terence Leung, Senior Manager – Digital Entertainment; Eric Chan, Chief Public Mission Officer of Cyberport )

Photo 2: Peter Yan, Chief Executive Officer of Cyberport, presented the Ubivox 3D Scanning Catwalk Show at the briefing.

Photo 3: Peter Yan, Chief Executive Officer of Cyberport, introduced the “Digital Entertainment Leadership Forum 2023” as part of the 20th Anniversary campaign and shared the activities and elements of “Happy Hong Kong” campaign in DELF. The forum aims to enhance public understanding of the practical applications of innovative technologies and other immersive experiences.

Photo 4: Terence Leung, Senior Manager – Digital Entertainment of Cyberport, introduced the highlights of the event and the latest trends and future developments in digital entertainment. He envisions that participants will experience the excitement and joy brought by digital entertainment.

Photo 5-10: Cyberport also invited 6 start-ups to bring their digital entertainment experience and showcase in the media briefing session, including Ubivox, PureHay- Cyberpunk Gallery, HTC Vive VR Printing, Gusto – CALLI CATCAST, ATTA – Dribble Tracker AI coach, and the demonstration of HKDSA – Drone Soccer presented by students at S.K.H. St. Michael’s Primary School.

Hashtag: #Cyberport #DELF

The issuer is solely responsible for the content of this announcement.

About Cyberport

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 1,900 members including over 800 onsite and close to 1,100 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong SAR Government. With a vision to be the hub for digital technology, thereby creating a new economic driver for Hong Kong, Cyberport is committed to nurturing a vibrant tech ecosystem by cultivating talent, promoting entrepreneurship among youth, supporting start-ups, fostering industry development by promoting strategic collaboration with local and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.