Proposed acquisition expected to expand Captiva's health and wellness platform

Coquitlam, British Columbia – Newsfile Corp. – July 18, 2023 – Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) (the “Company” or “Captiva“) is pleased to announce that it has signed a binding letter of intent (the “Letter of Intent“) dated effective July 18, 2023, with respect to the proposed acquisition of a professional sports franchise.

Summary of the Transaction

The Transaction, which is an arm’s length transaction, is expected to close in the coming several weeks and the details of the team and vendor will be released. As consideration(the “Consideration“) for the 100% of equity interest of, as well as assignments of the vendors’ shareholder loans, Captiva will: (i) issue 60,000,000 common shares of Captiva (the “Consideration Shares“); and (ii) pay US$1,500,000 cash, all on the closing of the Transaction (the “Closing“). The Consideration Shares will be issued at a deemed price to be determined at Closing, subject to compliance with the policies of the Canadian Securities Exchange (the “CSE“). Following completion of the Transaction, it is anticipated that the current shareholders of the vendor will hold approximately 17% of Captiva’s common shares on a non-dilutive basis. The Consideration is subject to a post-closing working capital adjustment provision. Under this provision, the parties will adjust the purchase price to offset any increase or decrease of the net working capital as of the closing date.

Jeff Ciachurski, CEO of Captiva states: “We are deeply honoured and committed to enter into an agreement to acquire a professional sports team as an addition to our infrastructure health and wellness platform. The problem has long been the general public has always had difficulty investing into fast growing new sport franchises, yet the success of a public company owning a sports franchise is well documented all having enterprise value build-ups through the democratization of investing into a sports franchise public company. This adds several years of additional growth for the Captiva Wellness shareholders.”

About the Transaction

Captiva does not expect the Transaction to constitute a “Fundamental Change” or “Change of Business” under the policies of the CSE.

The Letter of Intent sets out certain terms and conditions pursuant to which the Transaction will be completed. The Transaction remains subject to certain closing conditions including, without limitation, (a) the completion of customary due diligence; (b) the negotiation and execution of a definitive agreement; (c) the closing of Private Placement (as hereinafter defined); and (d) the receipt of all required regulatory and third-party approvals. There can be no guarantees that the Transaction will be completed as contemplated or at all.

All Consideration Shares issued in the Transaction will be issued under prospectus exemptions pursuant to National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators (“NI 45-106“). Captiva expects to issue the Consideration Shares under section 2.11 of NI 45-106 and provided that certain statutory conditions are satisfied, such shares are not expected to be subject to any resale restrictions under applicable Canadian securities laws.

In connection with the closing of the Transaction, Captiva expects to appoint a nominee of the vendor to its board of directors and to adopt an equity compensation plan with a restricted share unit component.

There is no finder’s fee payable in connection with the Transaction.

Update on Private Placement

Further to the Company’s news releases dated April 28, 2023 (the “Private Placement News Releases“), the Company expects to close its private placement (the “Private Placement“) in the near term. As disclosed in the Private Placement News Releases, the net proceeds of the private placement are expected to be used for general working capital purposes and as a reserve for possible future acquisitions, including the Transaction.

The Private Placement is a unit offering (collectively, the “Units” and individually a “Unit“). Each Unit is priced at $0.032 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a “Warrant“), with each Warrant entitling the holder thereof to acquire one common share (a “Warrant Share“) at a price of $0.05 for a period of five years following the closing of the Private Placement.

The Company will increase the size of the Private Placement from 80,000,000 units to 90,000,000 units for gross proceeds of $2,880,000.

On Behalf of the Board of Directors
“Jeff Ciachurski”
Jeffrey Ciachurski
Chief Executive Officer and Director
Cell: (949) 903-5906
E-mail: [email protected]

Neither Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities laws and United States securities laws (together, “forward-looking statements”). All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the expansion of Captiva’s health and wellness platform, the percentage of shares the current shareholders of the vendor will hold post-closing of the Transaction on a non-dilutive basis, the categorization of the Transaction for the purposes of CSE policies, the growth in the size of the global sports market, the resale restrictions on the Consideration Shares, the appointment to Captiva’s board of directors, the adoption of an equity compensation plan with a restricted stock unit component, and the closing date of the Private Placement.

Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget”, “propose” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: general business and economic conditions. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A (a copy of which is available under the Company’s SEDAR profile at www.sedar.com). The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

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.

HONG KONG SAR – Media OutReach – 18 July 2023 – UMP Healthcare Innov Centre recently signed a memorandum of understanding (MOU) with the Israel Export and International Cooperation Institute (IEICI), witnessed by Head of Israel Economic and Commercial Mission in Hong Kong and Macau, to jointly promote Israeli scientific research and start-up companies in the medical and healthcare field in Hong Kong, and to seek cooperation opportunities in the fields of MedTech and HealthTech. At the same occasion, IEICI inked a collaboration pact with the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA) to foster tighter cooperation between Hong Kong and Israeli enterprises.

With an ageing population and increased need for medical professionals, the tendency is to create medical technology to relieve the strain on human resources. The parties will collaborate to promote medical technology and healthcare products, seek potential investors for medical technology and products, jointly organise and participate in various forum activities, provide consulting services for start-up companies, and so on, according to the framework established by the memorandum.

“I am very pleased to sign a memorandum of cooperation with IEICI,” said Ronnie LI, Director at UMP Healthcare Innov Centre. “UMP Healthcare Group has continuously invested in medical equipment as well as cutting-edge scientific research and products. UMP Healthcare Innov Centre, Hong Kong’s first permanent exhibition platform for MedTech, actively seeks suitable instruments to apply to the Group’s services. We are extremely honoured to be able to partner with IEICI and HKMHDIA to jointly promote public and industry peers’ awareness of Israel’s high-tech goods and innovations, as well as to foster professionalism between Hong Kong and Israel.”

Over the past few decades, Israel has established itself as one of the most technologically advanced countries in the world. With ranking first in the world for R&D expenditure as a share of GDP, the highest number of startups per capita, and advanced technological capabilities across a vast range of sectors. Healthcare is currently the largest sector in the Israeli startup ecosystem, representing about 20% of all technology companies, with over 1,600 active startup companies developing cutting-edge technologies to address a wide range of health challenges. These include digital health solutions, medical devices, drug development, and more. “We are very excited to sign the MOU,” stated Mrs. Nili SHALEV, Chief Executive Officer of IEICI. “I believe this collaboration can help to strengthen ties between Hong Kong and Israel, and allow healthcare enterprises and startups of both places to work together more closely, by cooperating on research and development initiatives, combining resources and skills, generating innovative goods and technologies, and offering the most recent investment prospects to the industry and adjacent areas.”

Dr. Lydia LEUNG, Chairlady of HKMHDIA, commented, “HKMHDIA’s annual theme this year is to establish Hong Kong as International MedTecHub. The signing of the memorandum with Israel today is an important milestone, which is of special significance to us. Not only will we strive to promote knowledge exchange among medical professionals in Israel, Hong Kong and Mainland China, we expect that the technology and products of both parties can be promoted to the Greater Bay Area, Mainland China and the international market to achieve a win-win situation.”

Hashtag: #UMPHealthcareInnovCentre

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

About UMP Healthcare Holdings Limited

Founded in 1990, UMP Healthcare is a medical group listed on the Main Board of the Hong Kong Stock Exchange (stock code 722.HK) and is one of the leading comprehensive healthcare service platforms in the Hong Kong market. We have been committed “To provide comprehensive, diversified and coordinated care for everyone” by creating a network of high-quality and effective medical services for patients, payers, providers and partners.

Along with providing healthcare services that address a wide range of individual needs, UMP Healthcare closely works with more than 2,000 local and international businesses and insurance organisations to establish and administer corporate healthcare benefit programs for members. The medical service network spans over 1,000 self-owned and affiliated institutions across Hong Kong, Macau, and Mainland China, offering services such as family medicine, specialist consultation, dental care, diagnostic imaging and laboratory testing, preventive medicine and health examination, physical therapy, day surgery, and endoscopy, among others.

www.ump.com.hk

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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.

HONG KONG SAR – Media OutReach – 18 July 2023 – Arlo Technologies has today announced its latest security camera innovation, the all-new Pro 5 2K Security Camera, is now available to purchase in Hong Kong at an of RRP HKD $1,880.

The latest addition to the award-winning Pro series, the Arlo Pro 5 2K Security Camera operates off Dual-Band Wi-Fi support, with 2.4Ghz and 5Ghz connections allowing users to enjoy faster video loading, and less buffering, so they can see what is happening faster.

Users will also welcome significant battery life improvements, with the Pro 5 offer up to 30% longer battery life than the Arlo Pro 4 Security Camera.

“The Arlo Pro 5 is one of the most secure and reliable security cameras Arlo has engineered to date. Integrating two wireless technologies into one extremely compact form factor ensures users are better equipped to ‘protect their everything’. Supporting the overall Pro 5 experience, is the intuitive Arlo Secure app that ensures frictionless access to the most comprehensive monitoring tools available,” said Bradley Little, Arlo Vice President of Sales — APAC.

Through an Arlo Secure subscription¹, users can take their security to the next level with time-saving automations that can be programmed to trigger events such as geo-fencing, mode changes, schedules, alarms and more.

Powerful advancements in the all-new Arlo Pro 5 2K Security Camera include:

• Dual-Band Wi-Fi Support: Automatically connect to the strongest network available between 5GHz or 2.4 GHz Wi-Fi for the strongest possible connection.
• Increased Battery Life: Up to 30% longer battery life than the Pro 4 allowing users to charge their camera less often.
• 2K Video with HDR: High-performance lenses ensure crystal-clear detail in every picture.
• 160-Degree Viewing Angle: Keep an eye on what matters most with a wider field of view.
• Integrated Spotlight: Light up the night and ward off unwelcome guests.
• Built-In Smart Siren: Trigger the siren remotely or automatically during an event.
• Colour Night Vision: See videos in colour rather than traditional black and white.
• 12-bit image sensor: Capture over 60 billion colours – that’s over 100 x better than a human eye.
• Two-Way Audio: Listen and speak to visitors with crystal clear, full duplex audio that reduces wind and noise.
• Wire-Free and Weather-Resistance: Easily install indoors or outdoors.
• Magnetic Connections: Easily add on accessories.
• Platform Compatibility: Works with Amazon Alexa, Google Assistant, and IFTTT for easy interaction, automation, and control

For more information on the full range of Arlo smart home security products and services, visit www.arlo.com/hk/

¹ Paid Arlo Secure subscription plans only

Hashtag: #Arlo

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

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure, and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight, and a powerful means to help protect

and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, software and services, including wire-free smart Wi-Fi and 4G-enabled security cameras, audio and video doorbells, a floodlight, the Arlo App and, Arlo Secure, an AI-based subscription service designed to maximise security through personalised notifications and emergency services for quicker help during a crisis.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo does not monetize personal data. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

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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.

SYDNEY, AUSTRALIA – Media OutReach – 18 July 2023 – Coca-Cola has announced its FIFA Women’s World Cup 2023™ campaign under the theme of “Believing is Magic”. The campaign builds on the long-standing partnership between Coca-Cola and FIFA and aims to uplift and refresh the shared experience of the FIFA World Cup™, creating excitement for football fans around the world.

The FIFA Women’s World Cup 2023™ takes place from July 20 to August 20 and the excitement continues to build as this is the first time ever that Australia and New Zealand will co-host the FIFA Women’s World Cup™. The tournament will take place at 10 stadiums in nine cities across the two countries.

Coca-Cola, a proud supporter of every FIFA Women’s World Cup™ since the inaugural tournament in 1991, invites fans in Australia and New Zealand and around the world to experience the magic as football players chase their dreams on the global stage.

The FIFA Women’s World Cup™ is the biggest female sporting event in the world, and the momentum around women’s sports has never been stronger. The 2023 tournament is on track to be the biggest and best sporting event of the year with 32 teams taking part to the delight of an estimated two billion people¹ who will follow the tournament around the world.

To celebrate this historic event, Coca-Cola® is presenting a series of immersive consumer experiences, which includes a stadium experience across different parts of Australia in which fans can explore a magical experience tunnel with lots of activity and gamified booths. There will also be a Fan-Zone Area where football fans can capture special moments while getting the opportunity to win Coca-Cola tote bags and drink vouchers in the gaming booths.

Sustainability will be top of mind and Coca-Cola will be providing over 500 recycling bins across the stadiums and fan zones, encouraging spectators to recycle their bottles and cans. Directional signage and flags with ‘recycle here’ messaging will be located around stadiums to make the recycling zones easy to locate. Coca-Cola is also rolling out at the event a new smart bin to help minimize waste contamination.

To further excite fans, Coca-Cola’s new TVC is set to air in New Zealand from 19 July and Australia from 20 July and is now available on YouTube. It showcases fans from around the world coming together to watch the games and cheer for their heroes while enjoying an ice-cold bottle of Coca-Cola. The ad highlights Coca-Cola’s ability to bring fans and players closer by tapping into the magic that inspired their heroes to reach the world stage. Coca-Cola will also be releasing inspiring short films of Team Coke players, which includes Australia’s Ellie Carpenter, New Zealand’s Katie Bowen, United States’ Alyssa Naehar, China’s Wu Hai Yan, and Vietnam’s Huynh Nhu — all of whom have broken through barriers to achieve greatness in the sport.

Kate Miller, Marketing Director of Coca-Cola Australia – one of the host countries – says, “Coca-Cola is committed to bringing people together, and this is at the essence of the FIFA Women’s World Cup™. This is more than just a football tournament – it is a celebration of positive change in society and a testament to the spirit of believing in magic. When we unite and believe in the impossible, anything can be achieved. We want everyone to embrace the power of optimism, see what happens when you believe in magic, and be part of what will be an incredible FIFA Women’s World Cup™.”

Embrace the power of optimism. See what happens when you believe in magic. Be a part of this incredible journey at the FIFA Women’s World Cup 2023™ Finals. For additional information, please visit our website at www.coca-cola.com.Hashtag: #CocaColaCompany

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

Coca-Cola ASEAN & South Pacific

The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. The Coca-Cola ASEAN and South Pacific (ASP) operating unit serves 25 diverse countries across Southeast Asia, Australia, New Zealand, and the Pacific Islands. We offer a diverse portfolio of great-tasting beverages including sparkling beverages, water, juices, dairy, nutrition, sports, and tea. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities, and the planet through water replenishment, packaging recycling, sustainable sourcing practices, and carbon emissions reductions across our value chain.

Together with our bottling partners, we help bring economic opportunity to local communities across the region. Learn more at www.coca-colacompany.com and follow us on Twitter, Instagram, Facebook, and LinkedIn.

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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.

HONG KONG SAR – Media OutReach – 18 July 2023 – A growing body of research shows that mental distress such as depression and insomnia, allergies, asthma, neurodegeneration like Alzheimer’s disease, autoimmune skin conditions including psoriasis or even certain types of cancer are related to gut microbiome dysbiosis. At the Gut Microbiome International Symposium held on 15 July 2023, a panel of medical experts and researchers concluded that gut microbiome-based health management can be an effective strategy of disease prevention and treatment.

Hong Kong Society of Gut Microbiome revealed at the symposium that it will launch a clinical study on the impact of novel probiotics intervention on severe depression and insomnia in collaboration with mental health experts from the mainland. The project is purported to explore evidence-based remedies for mental disorders that work alongside conventional medication.

Health and Diseases – Gut Microbiome Matters

Hong Kong Society of Gut Microbiome hosted its 4th Gut Microbiome International Symposium on 15^th July 2023 at the Charles Kao Auditorium. The event discussing Microbiome Medicine – The Key to Total Health Management was attended by more than 200 people. The Public Mental Health Centre, Wenzhou Medical University is the co-organiser of the symposium.

Dr Steven Loo, representative of the HKSGM remarked in his welcome speech that despite the growing awareness on the significance of gut microbiome, its application in prevention of diseases and health management is underdeveloped in Hong Kong. In particular, the use of microbiome-based approach to mental disorders such as depression, and major health concerns like Alzheimer’s disease, immune system diseases and cancer which prevail in our ageing population. “The HKSGM is dedicated to research on and to promote gut microbiome health management. By doing so, we hope to help people prevent certain health issues and thus reduce the burden of medical expenses on individuals and the society at large.”

Clinical study for Mental Health

According to the World Health Organization’s scientific brief, global prevalence of anxiety and depression increased by a massive 25% in the first year of Covid-19 pandemic. HKSGM’s community research also found that the people who had sleep problems or depression were prone to lack specific probiotic strains in their gut. Dr Loo pointed out that in the face of the increasingly severe mental health crisis, there is a dire need of more diverse, evidence-based and cost-effective solutions to alleviate mental health problems like depression and anxiety. Gut microbiome health management can be one of the options.

Dr Yu Yan Qui, Senior Researcher, School of Public Health, Fudan University cited meta-analyses that many clinical research and community research had indicated the positive impacts of probiotics on alleviating depression and sleep problems. However, the studies are mostly foreign and the sample sizes are rather small.

HKSGM, Wenzhou Medical University and the Second People’s Hospital of Lishui City have reached an agreement on a one-year collaborative research project which will look into the efficacy of probiotics supplement for severe depression and insomnia. The study will recruit 500 participants. Being one of the largest cross-disciplinary research on mental health and gut microbiome, the study is expected to gather extensive data from the Chinese population and its findings will provide valuable implication for mental health practitioners in Hong Kong, the Mainland and even overseas, benefitting public mental health in the long run.

A New Way to Treat Alzheimer’s Disease and Cancer

Seven speakers spoke on gut microbiome therapeutics for different health issues and the related research results.

Currently, there are few proven therapies to alleviate Alzheimer’s disease or curb its development. Professor Lin Zhi Xiu, Director in the School of Chinese Medicine, the Chinese University of Hong Kong (CUHK) pointed out that Alzheimer’s disease has a strong association with gut microbiome. His research in mouse model has shown that patchouli alcohol, a type of Chinese herbal medicine can ameliorate cognitive deficits through modulating gut microbiota. By suppressing the accumulation of amyloid deposition, patchouli alcohol works to improve cognitive functions such as memory and spatial senses. The study indicates the possible application of patchouli alcohol in the treatment of Alzheimer’s disease and gives strong evidence on the link between Alzheimer’s disease and dysbiosis.

Professor Stephen Tsui, Professor and Associate director (Research) in the School of Biomedical Sciences, CUHK talked about unlocking the link between gut microbiome, asthma and cancer. He cites a study findings that the prevalence of asthma in Hong Kong is 10 times higher than that in Heyuan on the Mainland, saying that other than gene, gut dysbiosis due to excessive hygiene and meat-based diet is also a major culprit of having asthma. Gut microbiome conditions are found to have a direct linkage with the efficacy of asthma treatment, according to a latest research study. Also, Professor Tsui warned that pathogenic microbiota in the gut promotes chronic inflammation which could impair the immune system and trigger the increase of cytokine and cancer-inducing substances in the body, leading to the development and metastasis of cancer cells.

Professor Sun Bao Qing, Vice Director of The National Clinical Research Center for Respiratory Diseases shared her insights on the epidemiology of food allergies from the gut microbiome perspective. The fact being that incidences of food allergies are on the rise across the Mainland, more and more evidence has emerged, pointing to the significant role of gut microbiome in the development of immune system during infancy. Hence, how to ensure gut microbiome health for infants is considered one of the most critical research directions. For example, breastfeeding and caesarean section are found to be associated with gut microbiome conditions. Researchers are looking to how to reduce food allergies risk by early lifestyle modification, including precision probiotics supplement. Severe food allergies can be fatal and cause other health issues such as malnutrition and mental distress. Professor Sun hopes to see more research inputs in the area of microbiome therapeutics.

Probiotics As Cure for Eczema and Psoriasis

In addition, Dr Steven Loo said there had been considerable evidence that supports gut microbiome intervention is an effective way to treat eczema (atopic dermatisits)and psoriasis.

Dr Loo presented the findings of the HKSGM’s research studies on the topic. More than 80 percent of the eczema patients, who had taken prescribed probiotics formula for two months, turned out to have their Eczema Area and Severity Index (EASI) score lowered, an indicator of improvement. Those responders exhibited elevated relative abundance of Fecalibacterium, Lactobacillus, etc.

On psoriasis, the HKSGM conducted a clinical study in collaboration with the Hong Kong Psoriasis Patients Association in 2021. The subjects reported significant decrease in PASI score and DLQI score which reflect significant improvement of dysbiosis, upon the completion of a two months administration of E3 probiotic formula. The data also indicates that the participants had higher Firmicutes / Bacteroidetes ratios in their gut lining, compared to the control group.

Mr Gary Lai, Chairman, Hong Kong Psoriasis Patients Association , who took part in the study as a patient said most of the participants had their symptoms relieved following the precision probiotics treatment regime, even for those with recurring symptoms and those suffering from the disease for decades reported positive responses. Many participants are grateful for the alleviation of the comorbid health problems including cardiovascular problems , anxiety and joint pains.

Dr Rittiwong, functional medicine expert from Thailand shared her experience at hospital. One of her patients had recurring skin problems after a 30 days antibiotic treatment. Dr Rittiwong prescribed personalised probiotics supplement based on her personal gut microbiome test results. After the microbiome therapy, coupled with detoxification, and dietary and lifestyle modification, that patient has had her skin conditions improved significantly.

Hashtag: #HKSGM

https://www.facebook.com/hkgutmicrobiome

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

Hong Kong Society of Gut Microbiome

Hong Kong Society of Gut Microbiome (HKSGM) is a not-for-profit organization founded in 2019 by a group of scientists, medical experts and researchers specializing in gut microbiome science. The HKSGM is committed to promote microbiome knowledge and microbiome-based health management through public education, training, research and advocacy.

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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.

BANGKOK, THAILAND – Media OutReach – 18 July 2023 – The Miss Universe Organization (MUO) is venturing into uncharted territory with the launch of M*U Beverage, a new business venture under the brand name “M*U”. Guided by the vision to bring smarter hydration to people worldwide through exceptional products that both refresh and nourish them, the product lineup contains two types of drinks: M*U NØR Natural Alkaline Mineral Water and M*U functional beverages, which will come in 5 flavors.

Anne Jakapong Jakrajutatip, Chief Executive Officer of JKN Global Group Public Company Limited, and the owner of The Miss Universe Organization, said: “The Miss Universe brand is universal – forever evolving beyond the limits of our imagination. M*U Beverage is the first Miss Universe branded product line that espouses our original values: empowering women to realize their ambition and build self-confidence as a catalyst for future success.”

“In today’s fast-paced world, access to quality beverages is essential for a better and healthier life. M*U Beverage understands that drinks play a vital role in daily sustenance, and we aim to offer a vast variety of daily quenchers to uplift daily life. With this mission in mind, we have created a line of premium hydrations. We worked alongside nutritionists and natural ingredients experts to research, test, and produce products that energize, refresh, and rejuvenate minds and bodies,” added Anne.

M*U functional drinks are made from natural ingredients, containing zero caffeine, no sugar, no preservatives and less than 45 kcal/bottle. They are currently available in 5 variations:

• Zen: Green tea & yuzu flavor, made with calming magnesium, L-Theanine, and GABA to ease anxiety and stress.
• Immune: Lemon flavor, made with Vitamin C and astragalus to boost the immune system.
• Focus: Berry flavor, made with branch chain amino acids to help support cognitive function and focus.
• Happy: Raspberry & mint flavor, made with Vitamin B complex and calming magnesium for mood and productivity.
• Fiber +: Pineapple & coconut flavor, fortified with fiber to keep you fuller throughout the day.

M*U Beverage is also excited to launch M*U NØR Natural Alkaline Mineral Water, the first alkaline water offered in a bespoke glass bottle and bottled in Thailand. Sourced from the pristine springs of Reykjavik, Iceland, where the mineral water is some of the cleanest and purest in the world, M*U NØR Natural Alkaline Mineral Water is perpetually replenished with glacier melt from the Olfus spring that has been filtered through layers of lava rock. With a pH of 8.4, M*U NØR is the epitome of freshness, offering remarkable health benefits through the presence of essential minerals like calcium, magnesium, sodium, and potassium.

M*U Beverage recognizes the increasing demand for alkaline waters and functional drinks in international markets. Due to consumers’ increasing health awareness post-pandemic, health-conscious consumers are seeking benefits such as boosts in hydration, energy, and immunity in functional beverages.

Market analysis reveals the tremendous growth potential and emerging trends in these sectors:

• The global functional drinks market was worth US$204.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030.
• The global premium bottled water market is expected to reach US$33.40 billion by 2030, with a CAGR of 7.0% from 2023 to 2030. Growing awareness of leading a healthy lifestyle has led to a shift in consumer preferences towards premium bottled water options, driven by concerns over high sugar content and sweeteners in carbonated drinks. The presence of essential minerals further drives the demand for premium bottled water.

By strategically entering the Ready to Drink sector, M*U Beverages aims to capture early adopters in a staggering market worth well over US$749 billion, projected to grow at a remarkable CAGR of 6.38% through 2030. This exponential growth will result in a market worth well over US$1.1 trillion, making it a prime opportunity for Miss Universe to establish its presence and drive unparalleled success.

Embarking on a journey that seamlessly blends functionality and elegance, M*U Beverages will make its grand entrance in Thailand, with plans to capture the global market by the end of the year.

With a legacy spanning 72 years, the Miss Universe Organization has captivated audiences worldwide, embodying values of empowerment and self-confidence for women to realize their ambitions and catalyze future success. By leveraging its prestigious long-standing heritage, M*U beverages will establish strategic partners in esteemed markets such as Australia, the Philippines, the United Kingdom, and China, to name a few.

The launch of M*U Beverages in Bangkok was attended by famous industry insiders, celebrities, and social media influencers, including Miss Universe 2022 R’Bonney Gabriel, Miss Universe 2005 Natalie Glebova, and Miss Universe Thailand 2022 Anna S., among others.

Launching internationally in early 2024, M*U Beverages will unveil its brand to the world, debuting at the prominent Anuga FoodTec Fair, in Cologne, Germany. M*U Beverages will also debut in major international F&B trade shows and events across the world, including Gulfood, Dubai; Expo West, Anaheim, CA; Anufood Brazil, Sao Paulo; Vita Foods Europe, Geneva, Switzerland; Thaifex, Thailand; Alimentec, Colombia; Fine Food Australia, Melbourne; and Sial, Paris.

Hashtag: #MissUniverse

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

JKN Global Media Public Company Limited

JKN Global Group Public Company Limited and its subsidiaries are a group of companies that engage in the business of providing services and distributing copyrighted content. Our services and content have driven phenomenal ratings on various television stations and the company has successfully entered the Stock Exchange of Thailand under the name JKN. Our name stands for Jakapong Network, which is the name of our Chief Executive Officer and Managing Director Jakapong Jakrajutatip. JKN Global Group Public Company Limited also sells goods and products as well as commercial time through JKN18, a digital TV channel. As we increase our footprint as a major content commerce company, we are proud to own the Miss Universe Organization and to help empower the next generation of women leaders.

The Miss Universe Organization

MUO is owned by JKN Global Group Public Company Limited, a major media, content, and commerce holding company (Stock Exchange of Thailand: JKN).

The Miss Universe Organization (MUO) exists to advocate for a future forged by women and good for all.

It is a global community that supports women to realize their goals through experiences that build self-confidence and create opportunities for success. MISS UNIVERSE® programs provide the 10,000 women who participate annually an international platform to affect positive change through influential humanitarian and professional efforts. The delegates and titleholders are leaders and role models in their communities; they develop personal and professional goals, and inspire others to do the same. To learn more, visit www.missuniverse.com.

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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.

20 local and international tech startups to present their businesses to a curated global audience

TAIPEI, TAIWAN – Media OutReach – 18 July 2023 – Global multi-stage venture capital firm 500 Global is set to kick off the 500 Global Taiwan Startup Program with TTA 2023 in partnership with Taiwan Tech Arena (TTA). The program will welcome 20 local and international startups to a week-long in-person bootcamp in Taipei, designed to grow tech startups through hands-on workshops and mentoring sessions led by 500 Global’s world-class mentors.

The program represents 500 Global’s commitment to providing continued support to startups and those looking to tap into the Taiwanese market. The startups selected for the program have developed prototypes with early traction and will participate in rigorous training and curated mentorship over the course of a one-week immersive bootcamp in Taipei. Post-bootcamp, there is an opportunity for startups to be selected to receive 12-week tailored support from 500 Global.

“We’re impressed by the talent of this year’s cohort. From our observation, Taiwan has such a vibrant startup ecosystem with a wealth of talented entrepreneurs. This year’s group of startups have already shown exciting potential. We’re honored to help them grow and make impact in their fields,” said Tony Wang, Managing Partner at 500 Global.

The program will host 15 Taiwanese and 5 international startups, selected from over 170 applications from regions including Hong Kong, South Korea, Southeast Asia, North America, Africa, Europe. In addition to the program, founders, key industry stakeholders, ecosystem partners, and corporate executives as well as the press are welcome to join the 500 Global in Taiwan: Go Global Showcase on Friday, July 28 at Taiwan Tech Arena in Taipei. The event aims to foster meaningful connections, highlight groundbreaking ideas, and explore the immense potential of Taiwan’s startup ecosystem. It will also include discussions on global fundraising strategies, M&A challenges and learnings, and growing businesses from early-stage to exit from serial founders and CXOs.

This cohort of startups include:

AIoT

iCHASE: YOUR AI POULTRY HEALTH KEEPER.

PurismEV: PurismEV develops AI powertrain systems to empower future EV.

SeeWhat Technology: Key to Smart Aquaculture Integration: AI Technology Revealing the Underwater World with Clarity and Precision!

Wegrow: We build an AI-powered Greenhouse Platform to grow organic fruits.

Consumer

BintanGO: Creator Powered Marketing & 24/7 Live Commerce.

PopChill: PopChill is a fashion luxury marketplace powered by authentication in the middle.

Sorra: Sorra is a “Tinder for Beauty Products”. We match every piece of skin to the most suitable products with AI and facial tracking. Sorra helps thousands of beauty brands to target segmented customers with a lower cost.

Digital Health

aiFree Interactive Technology: aiFree, your Intelligent Health Partner.

Surglasses: Taiwan Main Orthopaedic Biotechnology (Surglasses) is an innovative medical company that develops and markets a range of innovative products for use in medical education and surgical navigation solutions.

Fintech

Authme: Trusted identity made easy.

Autopass: Autopass makes your vehicle a new payment method just like Amazon Go.

MACROMICRO: MacroMicro, the first macroeconomic investment information platform in Asia.

Oen Tech: Integrated one-stop solution for your organization’s digital needs.

SaaS

KaChick: An AI-driven SaaS platform, revolutionizes Southeast Asia’s photography industry by streamlining collaboration, boosting productivity, and unlocking revenue opportunities for 15,000+ professionals.

Ocard: Ocard is a one-stop CRM and marketing SaaS solution designed specifically for offline businesses, integrating with IM such as LINE, WhatsApp, etc.

Portaly: Mobile website builder enhanced by AI.

Preciser: Streamline sports data with powerful software and APIs.

Web3

Growing3: Growing3 is a Growth Hacking Ninja for web3 projects to acquire and retain quality users with on/off-chain data analytics, focusing on marketing, growth, analytics and marTech for projects such as Web3 Game, DApp, and NFT.

RE:DREAMER Lab: The Future of Asset Tokenization: Redeem Protocol’s Decentralized Network for RWA NFTokenization.

Term Structure: Term Structure is dedicated to building a DeFi infrastructure, pioneering a market-driven ‘term structure’ of interest rates, which serves as a cornerstone for diverse financial products and offers versatile hedging tools for DeFi enthusiasts and traditional finance institutions.

Interested parties can request an invitation to witness the future of tech innovation by registering here.

Hashtag: #500Global

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

About 500 Global

500 Global is a multi-stage venture capital firm with $2.5B in assets under management that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth. We work closely with key stakeholders and advise governments on how best to support entrepreneurial ecosystems so startups can thrive. 500 Global has backed over 5,000 founders representing more than 2,800 companies operating in 80+ countries. We have invested in 45+ companies valued at over $1 billion and 150+ companies valued at over $100 million (including private, public, and exited companies). Our 190+ team members are located in over 25 countries and bring experience as entrepreneurs, investors, and operators from some of the world’s leading technology companies.

About Taiwan Tech Arena

TTA, or Taiwan Tech Arena, is a program designed to create a deep tech startup ecosystem by bringing together academic/R&D talents, startups, accelerators, corporations, and investors in one location. The program is based in Taipei Arena, which boasts a co-working and event space of over 3,000 square meters specifically designed for tech innovation. TTA’s goal is to cultivate entrepreneurship in deep technology, foster the commercialization of innovation, and build a thriving cross-border startup community.

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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.