Company’s largest syndicated green financing is recognized with "Best Property Deal" in SE Asia at the FinanceAsia Achievement Awards 2023

JOHOR BAHRU, Malaysia, Dec. 8, 2023 /PRNewswire/ — GDS, a leading developer and operator of high-performance data centers, announced today that it has secured a syndicated green financing facility of MYR1.27 billion from: UOB Malaysia, Bank of China (Malaysia) Berhad, OCBC Bank (Malaysia) Berhad and Standard Chartered Bank (Malaysia) Berhad.

The syndicated green financing for GDS is the largest secured to date by the company. This project not only represents a significant foreign direct investment into Malaysia, but also highlights GDS’s sustainability commitment and reinforces its positive impact in the region. Proceeds from the loan will be used to complete the development of Nusajaya Tech Park (NTP) Data Center Campus Plot 1 in Johor, Malaysia. Last week, the secured green term loan facility was also awarded the "Best Property Deal" in Southeast Asia at the FinanceAsia Achievement Awards 2023.

UOB Malaysia serves as the Sole Coordinator and jointly acts as Green Loan Coordinator with Standard Chartered Bank (Singapore) Limited for this transaction. Additionally, UOB Malaysia jointly acts as Mandated Lead Arranger and Bookrunner (MLAB) with Bank of China (Malaysia) Berhad, OCBC Bank (Malaysia) Berhad, and Standard Chartered Bank (Singapore) Limited.

Mr. William Huang, Chairman and CEO of GDS said, "We are excited to announce our collaborations with these highly prestigious and forward-thinking banks. With their support, these green loans will fuel our business with green energy, empowering us to extend our reach and embark on a sustainable journey in Southeast Asia. As we set our sights on the future, we aspire to foster stronger bonds with local financing organizations, cultivating a dynamic ecosystem that champions green advancement and propels the digital economy on a regional scale."

Ms. Ng Wei Wei, Chief Executive Officer, UOB Malaysia said, "Malaysia continues to benefit from global supply chain diversification and the sizeable investments into data centers is testament to the country’s potential to be a key data center hub in Asia. UOB has been supporting GDS in its regional ambitions through our strong connectivity and we are honoured to be given the mandate as sole coordinator and joint MLAB for their maiden venture in Malaysia. Our financing for GDS’s state-of-the-art green data center underscores our commitment to support the nation’s net zero ambitions and aspiration to be a leading regional data center hub. It is also in line with our commitment to help our clients transition into the green economy."

Ms. Tan Ai Chin, Managing Director, Senior Banker and Head of Investment Banking, OCBC Bank (Malaysia) Berhad said, "We are glad to support GDS’s sustainable journey in Southeast Asia and its aspiration of becoming the first data center operator to achieve carbon neutrality in this region, with 100% use of renewable energy by 2030. OCBC Bank has been at the forefront of the ESG agenda, proactively and progressively driving changes in the financial industry by innovating effective financial solutions that can best encourage and incentivize for sustainable best practices. We are confident that the collaboration with GDS has great potential to benefit Malaysia as this collaboration will accelerate the growth of Malaysia’s digital economy."

Mr. Mak Joon Nien, Chief Executive Officer of Standard Chartered Bank (Malaysia) Berhad said, "Sustainability is a key pillar at Standard Chartered and we are highly supportive of clients who consciously make business decisions and investments that have a positive impact. Through this, we are playing our role as key intermediaries in the financial system in ensuring that financing reaches the right projects to keep the momentum going."

The Phase 1 of the GDS NTP campus covers a total net floor area of 30,312 square meters and boasts an IT power capacity of 69.9 MW. The campus has embraced a remarkable array of sustainable initiatives, notably the utilization of prefabricated infrastructure and liquid-cooling solutions. The state-of-the-art implementation of prefabricated design enables swift delivery of NTP1 within a 14-month timeframe, effectively minimizing construction workload and streamlining the entire delivery process.

Meanwhile, the adoption of liquid-cooling technology facilitates a substantial reduction in Power Usage Effectiveness (PUE), thereby bolstering overall energy efficiency. With the grant of this sustainable financing solution, GDS is poised to actively promote its cutting-edge low carbon footprint solutions and strive for the Gold LEED certification for all buildings within the campus.

[ENDS]

About GDS Holdings Limited

GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China and Southeast Asia. The Company’s facilities are strategically located in primary economic hubs where demand for high-performance data center services is concentrated. The Company also builds, operates and transfers data centers at other locations selected by its customers in order to fulfill their broader requirements. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 22-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations.

Source : GDS Secures MYR1.27 Billion Syndicated Green Financing to Complete the Next Phase of Nusajaya Tech Park Data Center Campus Development

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TAIPEI, Dec. 8, 2023 /PRNewswire/ — McLaren Racing and OKX, a leading Web3 technology company and Official Primary Partner of the McLaren Formula 1 Team, today announced that they will co-host a McLaren F1 fan event, named "OKX Web3 Presents: Taiwan Race Lounge with the McLaren Formula 1 Team," at TreasureMax, Taipei on 14 December 2023 (Thursday).

This fan event will be one of the biggest events ever hosted by OKX and McLaren in Taiwan, catering to the ever-growing F1 and McLaren fan base in the region. To mark this special occasion, a special OKX-branded livery design to be carried on a McLaren Artura will be revealed at the event.

The event is expected to attract over 180 partners and clients of OKX, leaders from prominent Web3 projects and TradFi institutions, local influencers, affiliates, and sports car and Web3 enthusiasts. It will feature a variety of exhilarating and unique activities, including McLaren F1 team driver race kit, as well as the opportunity to win items signed by McLaren F1 Team drivers Oscar Piastri and Lando Norris. Attendees can also test their driving skills on an F1 racing simulator at the event.

Matt Dennington, Executive Director, Partnerships & Accelerator, McLaren Racing, said:
"It is great to see the Formula 1 fan base growing globally. We are delighted that alongside OKX we can bring these fans closer to the sport and our team and continue to excite and engage our fans with great activations like this one."

Haider Rafique, Chief Marketing Officer, OKX, said:
"We promised at the start of this partnership that we are here to ultimately super charge the fan experience and bring immersive ways to educate F1 and McLaren fans about the possibilities with Web3. This is among the last events for the 2023 season and our way to celebrate McLaren on their monster comeback this year!"

The "OKX Web3 Presents: Taiwan Race Lounge with McLaren Formula 1 Team" fan event coincides with Taipei Blockchain Week 2023, which is one of the largest industry events in the market, taking place on 11-16 December this year. OKX is also the Title Sponsor of Taipei Blockchain Week 2023.

About McLaren Racing

McLaren Racing was founded by racing driver Bruce McLaren 60 years ago in 1963. The team entered its first Formula 1 race in 1966. McLaren has since won 20 Formula 1 world championships, 183 Formula 1 grands prix, the Indianapolis 500 three times, and the Le Mans 24 Hours at its first attempt.   

McLaren Racing competes across five racing series. The team competes in the FIA Formula 1 World Championship with McLaren F1 drivers Lando Norris and Oscar Piastri, the NTT INDYCAR SERIES with Arrow McLaren drivers Pato O’Ward, Alexander Rossi and David Malukas, the ABB FIA Formula E World Championship with NEOM McLaren Formula E Team drivers Jake Hughes and Sam Bird, and the Extreme E Championship with NEOM McLaren Extreme E Team drivers Emma Gilmour and Tanner Foust. The team also competes in the F1 Sim Racing Championship as McLaren Shadow, having won the 2022 Constructors’ and Drivers’ Championships. 

McLaren is a champion for sustainability in the sport and a signatory to the UN Sports for Climate Action Commitment. It is committed to achieving net zero by 2040 and fostering a diverse and inclusive culture in the motorsport industry. 

McLaren Racing – Official Website 

About OKX

OKX is a leading Web3 ecosystem.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into Web3.

The OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis. To learn more about OKX, download our app or visit: okx.com

Disclaimer

Source : OKX To Co-Host Taiwan McLaren F1 Fans Event with McLaren Formula 1 Team at Taipei on 14 December 2023

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TAIPEI, Dec. 8, 2023 /PRNewswire/ — Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, is pleased to announce that it is the official Gold Sponsor of Taipei Blockchain Week 2023. This community-hosted event has been highly anticipated, and will bring together over 5000 individuals within the crypto, blockchain and Web3 industry from Taiwan and beyond.

This year, Binance will participate in this exciting conference in a number of ways, including a virtual fireside chat featuring its CEO Richard Teng on December 14. This will be Richard’s first appearance in a  large-scale Web3 summit in Asia since his appointment as CEO of Binance in November 2023. A wide range of important topics will be discussed, including Binance’s key priorities moving forward, the key landscape in Asia Pacific and globally, as well as his future outlook on the crypto and Web3 industry.

Damien Ho, from Binance’s Global Partnerships team, will also be participating in a panel discussion on December 15 alongside other industry players. The panel discussion will explore a comprehensive set of topics, including the importance of collaborations within the industry to advance the space further.

Join Binance for a vibrant conference exploring how blockchain and crypto can empower the next billion people around the globe in below sessions:

Road To Onboarding the Next Billion Web3 Users – Virtual firechat with Richard Teng, CEO of Binance, on December 14, 14:30 to 15:00 (UTC+8) Exchanges and the Global Economy: Trends, Risks and Opportunities – Panel discussion with Damien Ho, Global Partnerships of Binance, on December 15, 15:20 to 15:50 (UTC+8)

Participants can also visit Binance’s booth to chat with community members and enjoy a number of great activities with souvenirs and swag available.

The 5-day conference will take place in Songshan Cultural & Creative Park from December 11-16 and is expected to gather thousands of Web3 enthusiasts, veterans and experts worldwide to exchange and explore the latest industry trends and development with the aim of bridging Taiwan’s Web3 community with the global crypto community.

About Binance.com

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings.

For more information, visit: https://www.binance.com

Source : Binance is the Official Gold Sponsor of Taipei Blockchain Week 2023

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LOS ANGELES, Dec. 8, 2023 /PRNewswire/ — COSRX, the derm favorite skincare brand, has taken TikTok by storm with its latest social media sensation – the #PrepPair TikTok challenge. Launched just a month ago, the #PrepPair TikTok Challenge has captivated audiences across the nation, accumulating an astounding 3.2 billion cumulative views. The campaign’s main hashtag, #PrepPair, has surpassed 45 million views, underscoring the resonance and impact of this innovative promotional endeavor. This meteoric rise attests to the overwhelming popularity the #PrepPair TikTok campaign has garnered within the skincare enthusiasts.

#PrepPair TikTok Challenge

The key point of this campaign is COSRX’s groundbreaking product, The 6 Peptide Skin Booster Serum. The challenge underscores the transformative effects of this innovative serum while highlighting the significance of preparing the skin as the foundation for an elevated skincare experience.

#PrepPair TikTok Challenge

As of December 7, over 8,200 contents have been posted featuring the #PrepPair filter, showcasing the widespread enthusiasm and engagement from TikTok users. The hashtag’s views have soared to an impressive 45million, attesting to the campaign’s widespread resonance and impact. The success of the challenge can be attributed to its simple but playful concept, encouraging users to share unique and entertaining content that has captivated a broad audience.

With the help of skincare experts Dr. Zion Ko, Dr. Charles Puza, and Dr. Andrew Park, alongside TikTok influencers Angela Chalet (@angelac0123) and Madeline Ford (@madelineaford), the #PrepPair campaign emphasizes the importance of a well-prepared canvas for an enhanced skincare experience.

"The success of the #PrepPair TikTok challenge has exceeded our expectations. We’re thrilled to witness the tremendous engagement from the TikTok, and we believe this campaign effectively communicates the transformative power of our The 6 Peptide Skin Booster Serum," says the spokesperson of COSRX.

All participants will automatically be included in the draw to win some incredible prizes. The top 200 winners will be awarded COSRX’s The 6 Peptide Skin Booster Serum and a randomly selected products from the synergy duos for the perfect pairing. And the TOP 10 winners, will win The AirPod Max with COSRX products. The challenge ends on 22nd Dec 2023 (PST) and all winners will be announced via their official Instagram (@cosrx) and TikTok channel (@cosrx_official) on Jan 5th, 2023.

Join the #PrepPair movement on TikTok and discover the secret to unlocking radiant and revitalized skin with COSRX’s The 6 Peptide Skin Booster Serum.

About COSRX

With its powerful yet affordable skincare solutions, COSRX has quickly become one of America’s favorite skincare brands. Using a minimal number of highly effective natural extracts in concentrated doses, COSRX products deliver visible results by treating the skin with only the essentials it needs and nothing it doesn’t. Find its best-selling skincare solutions at retailers nationwide, including Amazon, ULTA, JCPenney, Target and Dermstore.

Instagram: https://www.instagram.com/cosrx TikTok: https://www.tiktok.com/@cosrx_official COSRX Official Website: https://www.cosrx.com

Source : COSRX's #PrepPair TikTok Challenge Sweeps Across TikTok with Unprecedented Success

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TOKYO, Dec. 8, 2023 /PRNewswire/ — NOVOSENSE Microelectronics, a leading IC company in semiconductor solutions, is taking center stage at the Kurumobi Online Expo in Japan, bringing forth cutting-edge technologies that define the future of automotive electronics. The virtual expo, held from November 27 to December 15, 2023, serves as a platform to showcase NOVOSENSE’s commitment to shaping the evolution of automotive technology.

NOVOSENSE Microelectronics participates in Kurumobi Online Expo

NOVOSENSE Microelectronics participates in Kurumobi Online Expo

As the automotive industry transitions into a new era, NOVOSENSE is at the forefront, presenting semiconductor solutions tailored to the electrification and intelligence trends of automobiles. The expo will feature a comprehensive lineup of NOVOSENSE innovations, including:

Electric Powertrain Systems: Explore our cutting-edge semiconductor solutions designed to meet the demands of electronic vehicles’ electric powertrain systems. Automotive Thermal Management: Discover solutions addressing the intricate thermal management needs of advanced automotive systems. LED Drivers for Automotive Lighting: Dive into the world of automotive lighting with NOVOSENSE’s LED drivers designed for enhanced visibility and energy efficiency. Body Control Module: Experience our in-vehicle domain control solutions with the Body Control Module, ensuring seamless integration and control within the vehicle. Electric Vehicle Charging Stations: Uncover NOVOSENSE applications for electric vehicle charging stations, contributing to the growing infrastructure of sustainable mobility.

Join us at the Kurumobi Online Expo and be part of the conversation around the future of mobility. To explore NOVOSENSE’s offerings at the Kurumobi Online Expo, visit our exhibitor page: KuruMobi Tech Expo Online – from Cars to Mobility (jsae.or.jp)

Source : NOVOSENSE Drives Future Mobility at Kurumobi Online Expo

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JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ — Indonesian President, Joko Widodo, graced the inauguration of BRI’s UMKM EXPO(RT) BRILIANPRENEUR 2023, held at the Jakarta Convention Center (JCC) on December 7, 2023. This event, also part of the bank’s 128th anniversary celebrations, served as a platform for Indonesian MSMEs to engage with international buyers, and nurturing MSME growth. Under the theme "Crafting Global Connection," 700 MSMEs participated in the three-day event, marking the prestigious 5th edition of this expo.

Jakarta (7/12)- President Joko Widodo attended the opening ceremony of the BRI’s UMKM EXPO(RT) BRILIANPRENEUR 2023, which brought together 700 MSMEs from across Indonesia. The event, which runs until 10 December, provides a valuable opportunity for MSMEs to compete in the international market.

The President commended BRI’s commitment to empowering Indonesian MSME saying, "Our MSMEs must continue to elevate their status, to Go Digital, Go International, and dominate our local market because our market is tremendously large, but also without neglecting the export and global markets."

Minister of State-Owned Enterprises, Erick Thohir, also praised BRI’s programs, highlighting the success of initiatives like this event in stimulating the economy, stating "This is an economic cornerstone. With BRI’s support, MSMEs displaying strong performance reflect positively on real business activities within society, fostering economic growth. Additionally, BRI exhibits commendable banking performance."

BRI’s President Director, Sunarso, underscored the institution’s responsibility in advancing Indonesian MSMEs. "BRI sees significant opportunities for Indonesian products in the global market. Our nation’s creations are deemed competitive in quality compared to products from other countries, and the agreements’ value through BRI UMKM EXPO(RT) BRILIANPRENEUR’s business matching continues to rise annually."

Over the years, the expo’s business agreements have shown remarkable growth: from US$33.5 million in 2019 to US$57.5 million in 2020, escalating further to US$72.1 million in 2021 and reaching US$76.7 million in 2022. This year’s target is to secure contracts totaling US$80 million.

Featuring 700 curated MSMEs from across the country in five categories: Home Decor & Craft, Food & Beverage, Accessories & Beauty, Fashion & Textiles, and Healthcare/Wellness. The BRI UMKM EXPO(RT) BRILIANPRENEUR 2023 endeavors to connect Indonesian MSMEs with global markets, nurturing their expansion and bolstering national exports. It underscores BRI’s commitment to elevating MSMEs and showcasing the competitiveness of Indonesian products on the global stage.

To support the empowerment of Indonesian MSMEs, visit the ongoing exhibition until December 10. For comprehensive information about the exhibition, MSMEs, or to register as a buyer, please visit: www.brilianpreneur.com .

Source : Inaugurating the UMKM EXPO(RT) BRILIANPRENEUR 2023, President Joko Widodo Applauds BRI's Support in Advancing MSMEs

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-Coinciding with 2023 G7 Interior and Security Ministers’ Meeting in Mito City-

MITO, Japan, Dec. 8, 2023 /PRNewswire/ — The Ibaraki Prefectural Government, the host of the 2023 Group of Seven (G7) Interior and Security Ministers’ Meeting in Mito, released a video on December 8, 2023, featuring leaders of the local farming and fisheries sector making strenuous efforts, as well as the Ibaraki governor’s message.

Ibaraki Prefecture, endowed with fertile land and the bountiful sea, is thriving with agriculture and fishing. Furthermore, as it is close to Japan’s capital Tokyo, and supported by excellent transportation networks, Ibaraki Prefecture has been playing an important role in supplying food to the Tokyo metropolitan area. The video introduces such scenes.

Video "Coming to your dinner table soon? Ibaraki’s extra sweet potatoes, AI farmed fish": https://www.youtube.com/watch?v=y8QBj1iKyzM

Images:
https://cdn.kyodonewsprwire.jp/prwfile/release/M107964/202312063911/_prw_PI3fl_0ufr5kJ2.png

https://cdn.kyodonewsprwire.jp/prwfile/release/M107964/202312063911/_prw_PI4fl_vDadRplD.png

Highlights
To the world’s dining tables: Ibaraki’s farm product exports increase tenfold over six years:
Ibaraki ranks second in gross agricultural output on a prefectural basis in the country. In anticipation of the shrinkage of the domestic market due to depopulation, Ibaraki Prefecture, focusing on "Hitachi" beef, rice, fruits, and vegetables as key items, is exploring overseas markets and promoting exports. Exports of sweet potatoes are brisk because of demand for baked sweet potatoes in Southeast Asia. The Namegata region in the southeast of the prefecture is a leading producer of sweet potatoes in Japan.

Ibaraki’s fisheries industry combating climate change with the latest technology:
Ibaraki Prefecture, with rich fishing grounds, ranked second in marine fish harvest by prefecture in Japan in fiscal 2021. Ibaraki is the country’s biggest harvester of mackerel. Ibaraki Prefecture, however, analyzes that aquafarming is indispensable to prepare for possible risks of changing marine environments caused by climate change and subsequent poor catches.

– Launching a verification project for mackerel aquaculture using artificial intelligence (AI) technology and devices to feed the fish automatically while checking their physical conditions, among other means.

– Starting "Kasumigaura caviar," a new brand using cultured sturgeons.
Aquafarming has advantages over catching fish in the oceans because it is less affected by climate change, and it can be carried out onshore using fresh water.

Map:
https://cdn.kyodonewsprwire.jp/prwfile/release/M107964/202312063911/_prw_PI5fl_Z16wAkO2.png

Source : Ibaraki Prefecture Releases Video on Its Challenge of Achieving Profitable, Sustainable Agriculture, Forestry, and Fisheries Industry on December 8

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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