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Gentari partners AM Green to drive large-scale green hydrogen production with global reach

Gentari partners AM Green to drive large-scale green hydrogen production with global reach

KUALA LUMPUR, MALAYSIA – Media OutReach – 2 November 2023 – Gentari Sdn Bhd (Gentari), via its wholly-owned subsidiary Gentari International Renewables Pte Ltd, has entered into an agreement with AM Green BV (AM Green) to jointly invest, in phases, into a green ammonia platform, AM Green Ammonia Holdings BV (AMG Ammonia). AMG Ammonia is established by the founders of Greenko, one of India’s leading renewable energy companies. An affiliate of Singapore investment entity, GIC, is also an investor in AMG Ammonia.

AMG Ammonia is projected to produce 5 million tonnes per annum (MTPA) of green ammonia using round-the-clock renewable energy by 2030. The platform aims to deliver green ammonia, as it is presently the most mature and stable form of transporting hydrogen.

The 5 MTPA of green ammonia produced is equivalent to approximately 1 MTPA of green hydrogen, and would represent 20% of India’s target for green hydrogen production by 2030, or 10% of Europe’s target for imported renewable hydrogen. This size and capacity will place AMG Ammonia among the world’s pioneers in large-scale and cost-competitive green ammonia production. The first export of green ammonia from this platform is targeted by late 2025, and aims to serve key OECD markets, such as Germany, Japan and South Korea, as well as Singapore.

Gentari and AM Green both bring complementary capabilities across the green hydrogen value chain, including renewable energy, electrolysers, and ammonia production and marketing capabilities. The parties will mutually invest in AMG Ammonia, demonstrating full commitment to realise the platform’s potential and expand their presence in Asia Pacific and Europe. Post-investment from Gentari, AM Green and GIC, AMG Ammonia will be a fully funded platform for the targeted ammonia production plan. The platform is expected to invest, in phases, into projects across different locations in India. This will ensure competitive supply of hydrogen to the global market and will be key for manufacturing and exporting green hydrogen in the region.

For Gentari, strong collaborations in its focus market of Malaysia and the broader Asia Pacific, will be vital to delivering its global ambition of up to 1.2 MTPA in clean hydrogen by 2030. In Malaysia, the company sees strong potential for developing a local hydrogen economy. To this end, Gentari has undertaken efforts to position Malaysia as a hydrogen export hub whereby its hydrogen ventures will support a comprehensive national roadmap that includes hydrogen as an energy transition lever for Malaysia.

These efforts include working with Sarawak’s SEDC Energy Sdn Bhd to jointly explore the state’s potential as a green hydrogen production hub. At the same time, Gentari is also collaborating with PETRONAS and Tenaga Nasional Berhad to advance studies on green hydrogen development in Kerteh, Terengganu and Pengerang, Johor towards the creation of a hydrogen economy in Malaysia.

Sushil Purohit, Chief Executive Officer of Gentari, said:

“As Gentari expands our portfolio of clean energy solutions in Malaysia, Asia Pacific and beyond, we believe in the critical importance of industry-level collaborations that combine complementary strengths and unlock synergies. This partnership with AM Green and GIC is a testament to our commitment in accelerating green hydrogen adoption globally, to make an impact in the pursuit of a net zero future. In OECD, Southeast and East Asian economies, green ammonia will address the decarbonisation of industries such as power generation, through co-firing, as well as shipping.”

Anil Chalamalasetty, Founder, Greenko Group and AM Green said:

“We are delighted to partner with Gentari and GIC, to venture into the global low carbon green economy. The commitment from Gentari and GIC underpins Prime Minister Modi’s vision for India to become a leader in global energy transition. This strategic partnership will work to accelerate net zero targets of various industries and several OECD economies. Continuous focus on innovation combined with execution will ensure our venture, AM Green, remains ahead of others in becoming a global clean energy transition solutions platform.”

Gentari was advised by BofA Securities and Shardul Amarchand Mangaldas & Co. Completion of the transaction is subject to the fulfilment of customary condition precedents.

Hashtag: #Gentari

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

Gentari

Gentari is focused on delivering the solutions required to put clean energy into action today, to transform how we live tomorrow. Gentari’s three initial core pillars of Renewable Energy, Hydrogen and Green Mobility form a comprehensive portfolio of solutions to help our customers in their decarbonisation journey. Its global 2030 aspiration is to achieve 30-40 GW of installed capacity in renewable energy, up to 1.2 MTPA of clean hydrogen, and over 10% share of the public charging points and Vehicle-as-a-Service market across key countries in Asia Pacific. In the long term, Gentari aims to be the most valued clean energy solutions partner, creating greater impact, connecting businesses, and making the journey to a net zero future possible.

AM Green

AM Green is indirectly wholly-owned and controlled by the founders of Hyderabad-based Greenko Group – Anil Chalamalasetty and Mahesh Kolli. With their strength in renewable energy and storage as a service model, and track record of energy entrepreneurship, AM Green aims to become one of the most cost-competitive producers of green hydrogen, green ammonia and other green molecules in the world. In India, AM Green is developing production capabilities for green molecules (green hydrogen, green ammonia, biofuels, green caustic soda, e-methanol) for decarbonisation in hard to abate industries. The venture will also set up an international renewables and storage business and a JV for making electrolysers with John Cockerill of Belgium.

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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 Network.

Acer Announces Q3 2023 Net Income at NT$2.01 Billion, up 44.2% Quarter-on-quarter

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Margins for gross profit, operating income, and net income all grow both year-on-year and quarter-on-quarter

TAIPEI, Nov. 2, 2023 /PRNewswire/ — Acer Inc. (TWSE: 2353) announced its financial results for the third quarter of 2023: consolidated revenues were NT$67.44 billion with 15.8% growth quarter-on-quarter (QoQ) and 3.9% growth year-on-year (YoY); gross profits reached NT$7.29 billion with 10.8% margin, higher than both the previous quarter and the same period last year; operating income was NT$1.55 billion, up 47.8% QoQ and 86.6% YoY, with 2.3% margin; net income[1] was NT$2.01 billion, up 44.2% QoQ and 7.0% YoY; and earnings per share was NT$0.67.

In the third quarter, businesses other than computers and displays contributed 24.2% of total revenues, and 30.0% of operating income. For year-to-quarter, businesses other than computers and displays contributed 27.2% of total revenues and 49.7% of operating income.

Acer Group’s revenue and profit have reached a new high after the pandemic. Due to new business expansion and contributions, along with the optimization of the computers and displays business, the revenue and profit are also better than pre-pandemic levels.

[1] Net income is reported as profit-after-tax in Acer’s financial statements

About Acer

Founded in 1976, Acer is one of the world’s top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer’s 7,700 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.

© 2023 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

Source : Acer Announces Q3 2023 Net Income at NT$2.01 Billion, up 44.2% Quarter-on-quarter

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Cambrex Announces Sale of Drug Product Business Unit

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EAST RUTHERFORD, N.J., Nov. 2, 2023 /PRNewswire/ — Cambrex, a leading global contract development and manufacturing organization (CDMO), has today completed the sale of its Drug Product Business Unit to Wilmington, Delaware based Noramco. Cambrex’s Drug Product business provides product development, clinical and commercial manufacturing, and packaging from facilities in Mirabel, Québec, Canada and Whippany, New Jersey, USA.

"The transaction announced today was the result of a strategic decision to focus on core areas of growth and investment," said Cambrex CEO Thomas Loewald. "Looking forward, Cambrex will prioritize our drug substance and analytical testing portfolios, enabling our customers to develop and deliver therapeutic solutions for patients around the world."

Cambrex recently expanded its portfolio of specialized solutions for pharmaceutical development and manufacturing with the acquisition of Snapdragon Chemistry, which specializes in R&D for API batch and continuous flow process development. Cambrex also recently acquired Q1 Scientific, a dedicated provider of outsourced stability storage services, including thermal cycling, disaster recovery, sample management, photostability and ultra-low storage. Q1 Scientific, based in Ireland, recently expanded its operations into Belgium. 

Cambrex will continue to operate 13 global sites focused on providing drug substance development and manufacturing services across the entire drug lifecycle for customers globally.

About Cambrex

Cambrex is a leading global contract development and manufacturing organization (CDMO) that provides comprehensive analytical and IND enabling services, as well as drug substance development and manufacturing across the entire drug lifecycle. With over 40 years of experience and a team of 2,000 experts servicing global clients from North America and Europe, Cambrex is a trusted partner in branded and generic markets for API development and manufacturing. Cambrex offers a range of specialized drug substance technologies and capabilities, including continuous flow, controlled substances, solid-state science, material characterization, and highly potent APIs.

Source : Cambrex Announces Sale of Drug Product Business Unit

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LILIN IMU Shock-proof Camera Honored with Taiwan Excellence 2024

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LILIN IMU Shock-proof Camera Honored with Taiwan Excellence 2024

TAIPEI, Nov. 2, 2023 /PRNewswire/ — LILIN’s motto, "We create, we innovate." has received outstanding validation as we enter 2024.


LILIN IMU Shock-proof Camera Honored with Taiwan Excellence 2024

LILIN’s self-developed vibration-resistant 4K license plate recognition camera has been chosen as a 2024 Taiwan Excellence winner! This marks the second international award following the ISC West Award in 2023.

This product is unique in the market, featuring 4K resolution, AI capabilities, and IMU vibration resistance while automatically tracking objects. It finds typical applications in land-based vehicles. For instance, when a police car is in motion, vibrations can affect image clarity. IMU Camera, with its hardware and software anti-vibration features, maintains and preserves a clear 4K high-resolution image. Not only performs license plate recognition directly on the camera but also integrates with backend applications (such as law enforcement systems) without needing an additional host, making technology-driven law enforcement more flexible and efficient.

Conventional license plate recognition cameras in the market lack vibration resistance, resulting in blurry images that affect recognition results. Additionally, they require an external computer host for such heavy tasks. LILIN’s IMU anti-vibration camera operates independently and individually complete image recording, license plate recognition, and backend data integration without a computer. This reduces the complexity of maintenance and deployment, minimizes potential failure factors, and helps operating units manage costs more effectively.

Apart from identifying general and special license plates of various countries and colors, this camera is compatible with LILIN’s "Self Yolo" model conversion. Users can upload their AI object models to the camera to recognize different object types, such as pedestrians, expanding the camera’s application range. Beyond recognition, another exceptional feature of this camera is "behavior detection." Which distinguish actions such as running red lights, not yielding to pedestrians, and making illegal right turns.

LILIN is committed to applying its products to meet actual market demands. The solutions have gained recognition from industry, government, and academia. Global partners highly trust them, and LILIN receives a high level of product inquiries.

"LILIN rarely makes ‘sudden’ decisions, whether product development or competition participation. Our determinations are based on market trends and countless customer feedback," emphasized Hsu Cheng-Chung, General Manager of LILIN. He added, "Being selected as a Taiwan Excellence winner highlights our determination to operate in the global market aggressively and actively."

For media contact and sales inquiries:
Ivy Cham
marcom.one@lilin-solutions.com

Source : LILIN IMU Shock-proof Camera Honored with Taiwan Excellence 2024

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When Nanjing meets Madrid: a meeting of peaceful visions

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BUDAPEST, Nov. 2, 2023 /PRNewswire/ — On October 26 and 30, the Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders held the "World Memory, Peaceful Vision – Exhibition on the Historical Facts of the Nanjing Massacre" in Madrid, Spain and Budapest, Hungary. This exhibition, expressing a collective human voice for peace, unveiled itself to the Spanish public.


Former Hungarian Prime Minister Peter Medgyessy gave a speech.

In the 1930s, the world was gradually enveloped by the shadows of the World War II. Both Spain and China had undergone arduous struggles against fascism. In that year, Durango and Guernica in Spain suffered devastating attacks by the Nazi German, while Nanjing in China faced "indiscriminate bombings" by the Japanese army. On December 13 of 1937, the Japanese army occupied Nanjing, committing atrocities including a six-week massacre, looting, sexual violence, and destruction. These actions resulted in the death of over 300,000 Chinese people. The killing competition carried out by the Japanese army in Nanjing was exposed to the world by Spain’s "El Diluvio" newspaper.

On May 16, 1938, the American magazine "Life" featured a famous cover, showcasing a young and fearless Chinese soldier captured by the renowned Hungarian photographer Robert Capa in Hankou, China. Robert Capa arrived in China in 1938 and documented the Chinese resistance against the Japanese invasion and the wartime lives of the people, bringing international attention to the Chinese battlefield.

This exhibition, with the theme "World Memory and Peaceful Vision", consists of three parts: "The Calamity in Nanjing", "Justice Trial", and "The City of Peace", narrating the historical facts of the Japanese army’s atrocities in Nanjing and the international tribunal’s prosecution of Japanese war criminals. It showcases the peaceful development of Nanjing as an "International City of Peace" and conveys the Chinese people’s aspirations to remember history, cherish peace, and create a better future to the international community.

Former Hungarian Prime Minister Peter Medgyessy said in his speech: "Such an exhibition allows young people to learn about peace and living together. I would like to express my gratitude to the Chinese government and the historical exhibition for coming here and showing it to us."

More than 80 people attended the opening ceremony, including Mr. Zhou Feng, Director of the Memorial Hall; He Yong, Minister-counselor for Cultural Affairs of the Chinese Embassy in Spain; Marcelo Munoz, Honorary Chairman of the Spanish Confucius Institute; and representatives of various sectors in Spain and the media.

Zhou Feng said, "War is like a mirror, allowing people to better understand the value of peace. The theme of this exhibition aims to rekindle people’s yearning and commitment to peace through the memory of history. We hope that this exhibition can help the people of Spain understand the vision of the Chinese people in building a community with a shared future for humankind and connect the historical memories and common future of the people of China and Spain."

Marcelo Munoz, Honorary Chairman and Founder of the Catedra China, stated in his speech, "China made significant sacrifices and contributions to the world’s victory against fascism. While commemorating the end of World War II, we have neglected the deep suffering brought by this war in Asia as well. I hope to do my best to eliminate this historical injustice and pay tribute to the millions of Asian victims, especially the victims of the Nanjing Massacre."

On October 9, 2015, the Nanjing Massacre Archives were included in the UNESCO Memory of the World. To date, the Memorial Hall has organized exhibitions in cities such as Los Angeles in the United States, Moscow in Russia, Florence in Italy, Manila in the Philippines, Chateaubriant in France, Minsk in Belarus, Prague in the Czech Republic, Aarhus in Denmark, and more.

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=442996

   Caption: Former Hungarian Prime Minister Peter Medgyessy gave a speech.

Source : When Nanjing meets Madrid: a meeting of peaceful visions

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Roll up, Roll up – "UBS Presents The World Circus" – A Spectacular Extravaganza to feature at the AIA Carnival this Winter

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HONG KONG, Nov. 2, 2023 /PRNewswire/ — The best-of-the-best Circus performers from across the world will be a major attraction at the forthcoming AIA Carnival in Hong Kong this winter from December 21st 2023, until February 25th 2024.

Making its return after four years, the internationally-acclaimed World Circus will feature an array of exhilarating performances of skill, courage and spectacular human feats that will captivate audiences of all ages in an intimate setting in the special Big Top tent located within the AIA Carnival on Hong Kong’s Central Harbour front.

"We are thrilled to present The World Circus to Hong Kong," said Amy Lo, Chairman of Global Wealth Management Asia, Co-Head Wealth Management Asia Pacific, UBS Global Wealth Management, Head and Chief Executive, UBS Hong Kong. "As a global financial institution deeply embedded in Hong Kong, UBS is committed to supporting exceptional experiences, such as this amazing circus, for our clients and the community as a whole. From Christmas to Lunar New Year and beyond, UBS is excited to bring joy and wonder to everyone in Hong Kong."

The awe-inspiring entertainment is produced by globally-acclaimed Gandeys Circus, a British powerhouse of creativity and entertainment, which prides itself on selecting worldwide talents to assemble a superstar cast of performers.

"UBS Presents the World Circus", adds a spectacular platform of world class entertainment to the AIA Carnival and combines with premier ride and skill games operators from Europe, along with a wide array of talent from Hong Kong and the Asian region.

"This year’s event is set to soar above and beyond our previous award-winning events. We are thrilled to be entertaining Hong Kong and its visitors as the city once again takes centre stage in Asia. It will provide stimulating, accessible and memorable live entertainment events during the winter break," said Randy Bloom, CEO of the Great China Entertainment Group, organisers of the AIA Carnival.

Tickets go on sale from 2 November 2023 and range in price from $150 to $500. Purchase online before 19 November 2023 to enjoy Early Bird discounts up to 15% off. Up to four shows are scheduled daily from Mondays to Sundays with the 65min-long performances running without interval. There will be 160 shows in total, including 62 daytime shows, 98 evening shows and 72 weekend shows.

Tickets can be purchased online at www.aiacarnival.com/circus 

Combining breath-taking performances with a touch of humour "UBS Presents The World Circus" will include the following acts:

Wheel of Thrill by the Gerling Brothers (Columbia)
It takes nerves of steel to walk the wheel. Two artistes perform jumps, flips and blindfolded walks both inside and outside of the wheel. No tethers, no safety lines, this is an act that will have you on the edge of your seat.

Gomonov Knife Throwing Show (Belarus)
Prepare to be stunned by this duo knife throwing act from Belarus, Andrei and Daria, who will throw knives at each other. A combination of trust and timing, this act was featured as a finalist on Britain’s Got Talent.

The Afumani Warriors – Acrobatics and Flying Saddles (Kenya)
The six-strong troupe perform acrobatics, pyramid building and limbo. Gandeys Circus recently introduced the Flying Saddles back in 2019 where a rotating frame is winched around the ring which is taken up and down while our skilled artistes perform equestrian tricks on and off Saddleback. A traditional horse act updated for an animal-free environment.

Motorbike on a High-Wire (Kazakhstan) 
Watch in awe as a fearless rider from Kazakhstan balances on a thin wire high above the ground, while speeding on a motorcycle. This is a stunt that defies gravity and logic. You’ll be on the edge of your seat.

Chico Rico The Clown (Costa Rica)
Gandeys award winning clown is back after the success of his previous appearance. His audience participation is second to none, hence his popularity across South America, Europe and Asia.

Motorcycles in Globe (Columbia)
One of the most thrilling acts in Circus today. The riders enter the globe and literally take their lives into their hands as they experience 3.5 – 5.5gs as they cross the surface of the metal mesh globe. Using lightweight bikes with high torques so that they can achieve speeds of 40 miles an hour allowing them to complete loops within the sphere.

Flying Trapeze (Kazakhstan)
One of the best loved and well-known acts in circus is presented in Hong Kong for the first time by Award Winners of Echo of Asia International Circus Festival – the Baikonur Flying Troupe. This 6-handed flying troupe will fly through the air performing edge-of-the-seat somersaults from both the fly bar to the catcher, and to a suspended cradle high in the air of the Big Top. 

About Great China Entertainment Group:
Great China Entertainment Group Limited, is a Great Entertainment Group company.

Great Entertainment Group Limited is a multi-award-winning event organiser and producer, who connects brands and communities through entertainment. Our expertise is in delivering large-scale, memorable events that generate high-value marketing opportunities for our partners. Over the last eight years we have entertained and engaged over 15 million consumers through our diverse portfolio of more than 500 events. By sharing the wonder of entertainment through quality production, our mission is to: Entertain. Engage. Inspire.

Download captioned photos and more:
https://drive.google.com/drive/folders/1Nr9nJg4zIY5q-quEio0n-umoGuwIRZyZ?usp=sharing 

Source : Roll up, Roll up – "UBS Presents The World Circus" – A Spectacular Extravaganza to feature at the AIA Carnival this Winter

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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

BECBM 2023 CONCLUDES IN SPECTACULAR STYLE, MARKING A RESOUNDING SUCCESS FOR THE BEAUTY INDUSTRY

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BECBM 2023, 27 - 30 September experienced impressive on-site sales, surpassing the USD 1.13 million mark, catalysing valuable connection and partnership between exhibitors and buyers.

A New Milestone With 10,851 Attendees from 64+ Countries & Regions

KUALA LUMPUR, Malaysia, Nov. 2, 2023 /PRNewswire/ — beautyexpo & Cosmobeauté Malaysia (BECBM) 2023, the most anticipated beauty event of the year, concluded its four-day extravaganza at the Kuala Lumpur Convention Centre (KLCC) on 30 September 2023. This event has yet again set new standards in the beauty industry, showcasing groundbreaking innovations, trends, and networking opportunities.


BECBM 2023, 27 – 30 September experienced impressive on-site sales, surpassing the USD 1.13 million mark, catalysing valuable connection and partnership between exhibitors and buyers.

BECBM 2023 played host to 800 top beauty brands and 252 exhibitors from 11 countries and regions, including Malaysia, Mainland China, France, Hong Kong, India, Japan, Korea, Singapore, Taiwan, United Arab Emirates and Vietnam, creating an unparalleled platform for networking and collaboration. With a special spotlight on the Korea and Taiwan Pavilions, attendees were transported into the future of aesthetics to explore avant-garde products and revolutionary beauty trends.

The event transformed KLCC into a vibrant epicentre, attracting 10,851 attendees (a 26.09% of increase compared to 2022) from 64 countries and regions, including Singapore, Mainland China, Indonesia, Taiwan, South Korea and many more. BEBCM 2023 boasted impressive on-site sales, surpassing the USD 1.13 million mark. Over four days, from 27 – 30 September, beauty enthusiasts immersed themselves in a whirlwind of colours, fragrances, and latest beauty breakthroughs.

The event featured exciting activities and competitions, including the Ambassador of the Year Barber Competition presented by BaBylissPRO, The Mane Stage’s Fabulous and Extravagant Hair Show, hosted by the Malaysian Hairdressing Association (MHA) & United Asian Hairdressers Association (UAHA), and the illustrious Crowning Glory Awards Ceremony 2023. The 3rd Malaysia Glory Cup showcased the pinnacle of skill and artistry in categories like Embroidery, Eyelash, and Nail. Meanwhile, the Luxe Beauty Gallery unveiled the 1st Inaugural Top Product Awards by Beauty Industry Leaders, where innovation met sheer excellence.

BECBM 2023 became the ultimate hub for beauty dreams and business brilliance, fostering insightful knowledge exchange and fruitful collaborations among beauty professionals from around the world. With the support of multiple industry associations, including the Association of International Certified Aestheticians (AICA), the Federation of Asian Beauty Industry Association (FABIA), the International Beauty Industry Trade Association (IBITA), the Kuching Association of Beauty Therapy & Cosmetology (KABTAC), the Malaysian Hairdressing Association (MHA), the Malaysia Cosmetology Chamber of Commerce (PAMM), the Taiwan Federation of Women’s Beauty Business Associations, the United Asian Hairdressers Association (UAHA), and the Yongin Industry Promotion Agency, BECBM provided a unique platform for attendees to connect with experts, learn about the latest trends and technologies, and explore new opportunities for business growth. HealthLand, a leading wellness brand, served as the official wellness partner for the event, enhancing the overall experience for attendees.

The VIP Buyer Programme facilitated meaningful business connections between exhibitors and potential buyers, while exclusive perks, trade opportunities, and activities like the Spend & Win initiative added value to the participants’ experience, fostering a spirit of collaboration and growth within the industry.

Visitor Comments
"BECBM offers firsthand experience of evolving beauty technology and products, showcasing the evolution of the beauty industry. It is a must-visit for those seeking innovation and industry insights." — Azeem Haroon, SNS Business Solution Sdn Bhd, Malaysia.

"This is my first time visiting a beauty expo and it’s a very nice experience. beautyexpo & Cosmobeauté Malaysia can help the beauty industry as there are many exhibitors from different countries who will showcase their products and services. They will attract a lot of clients, corporations, and opportunities, which will certainly be beneficial." — Mohammed Adel Gouda Omar, Tioman Trading Import & Export Co., Ltd, Egypt.

"Eventful, because I think that it is quite a new experience for me. It’s interesting to see all the different types of products that they want to advertise, and I feel like it allows people who have never been to this environment to have quite a fun time." — Jessica Edwards, Blush Beauty Salon, Malaysia.

Exhibitor Comments
"Our first experience with BECBM has been great. As we heard, it’s one of the largest in the beauty industry, and it lived up to its reputation. We’ve come to discover trends, meet potential partners, and market our beauty products." — Chew Keng Heng, Panasonic Malaysia Sdn Bhd, Malaysia.

"The turnout of customers and agents at beautyexpo & Cosmobeauté Malaysia has exceeded my expectations. It provides us with a platform to connect with potential clients and partners, and I am eager to witness even more customers visiting our booth in the coming days." — Mr. Mohd Mahtabur Rahman, Al Haramain Perfumes LLC, United Arab Emirates.

"We have met a lot of professional buyers during the event and their expertise in this field led me to believe that the show is truly worth attending." — Lin, Tse-An (Peter), SJS Cosmetics Manufacturing Co. Ltd, Taiwan.

As the curtains fell on this remarkable event, the organisers expressed gratitude to the attendees, participants, sponsors, and supporters. BECBM 2023 concluded with a resounding success, leaving attendees inspired and rejuvenated by the beauty industry’s dynamism and innovation.

But the beauty journey does not end here!

Save the Date for BECBM 2024, 2 – 5 October!
The industry is abuzz with anticipation for the next chapter of beauty innovation. Mark your calendars for beautyexpo & Cosmobeauté Malaysia 2024, where you will witness groundbreaking trends, unparalleled networking opportunities, and the latest beauty innovations. Stay tuned for updates, and let’s continue shaping the future of beauty together!

Visit the beautyexpo & Cosmobeauté Malaysia website (www.beautyexpo.com.my | www.cosmobeauteasia.com) to get the latest news and insights. To contact the BECBM Team, email: [email protected].

NOTES TO EDITORS: 
ABOUT INFORMA MARKETS (www.informamarkets.com
Informa Markets on Beauty segment has an extensive network powered by B2B events across 11 cities in Asia (Bangkok, Chengdu, Ho Chi Minh City, Hong Kong, Jakarta, Kuala Lumpur, Manila, Mumbai, Shanghai, Shenzhen, Tokyo), the world’s fastest-growing markets. By further expanding its strength, the Beauty Portfolio now includes a new B2B event in Miami serving the East Coast and USA, South America, and Caribbean Islands regions.

Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of a year. For more information, please visit www.informamarkets.com.

Source : BECBM 2023 CONCLUDES IN SPECTACULAR STYLE, MARKING A RESOUNDING SUCCESS FOR THE BEAUTY INDUSTRY

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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

Gaw Capital Partners Joins Hands with Sinar Primera on Indonesia Data Center Development

Gaw Capital Partners Joins Hands with Sinar Primera on Indonesia Data Center Development

SINGAPORE / JAKARTA, INDONESIA – Media OutReach – 2 November 2023 – Real estate private equity firm Gaw Capital Partners today announced that the firm, has entered into strategic partnership with Sinar Primera, a leading Indonesia developer of new economy real estate, for developing a Data Center in Batam, Indonesia.

Kenneth Gaw, President and Managing Principal of Gaw Capital Partners (Left); Trisno Kemat, Board Member of Sinar Primera Group (Right)
Kenneth Gaw, President and Managing Principal of Gaw Capital Partners (Left); Trisno Kemat, Board Member of Sinar Primera Group (Right)

The alliance between Gaw Capital and Sinar Primera underscores a shared vision for capitalizing on emerging opportunities in the digital infrastructure sector. With Gaw Capital as the primary investor, Sinar Primera will acquire a minority shareholder stake in the property and take on the role of development manager for the project.

Phase 1 of the data center campus located in Nongsa Digital Park is scheduled to be operational by the fourth quarter of 2024. This new facility will be a single-storey building offering up to 6MW of critical IT load. By combining Gaw Capital’s investment acumen with Sinar Primera’s expertise in property development, the project aims to deliver a cutting-edge data center facility that meets the stringent requirements of businesses seeking reliable, scalable, and secure data storage and processing capabilities.

The data center campus in Nongsa Digital Park will enable the near-shoring strategy for data center operators based in Singapore and fortify the “digital bridge” that connects Singapore and Indonesia. In recent communications shared by Nongsa Digital Park, the Indonesian government’s National Council for Special Economic Zones Secretariat General re-affirmed data centers’ properties security status and complete data security, giving customers and data center operators the reassurance they need for data protection.

Kok Chye Ong, Managing Director and Head of IDC Platform, Asia (Ex-China) of Gaw Capital said, “We are thrilled to partner with Sinar Primera for this significant IDC project in Batam. Sinar Primera’s commitment to driving the new economy real estate industry forward aligns perfectly with our vision, and their extensive experience and industry knowledge complement Gaw Capital’s investment capabilities perfectly. In recent years, the Asia region stands as a prominent frontier in the data center industry, offering vast opportunities for growth and development. Gaw Capital’s data center platform, in line with this trend, has encompassed a strategic network of data centers situated in key Asian markets including China, Indonesia, Japan, South Korea, Vietnam, and the recent addition of Malaysia.”

Hong Kah Jin, Head of Sinar Primera Group said, “We are excited to join forces with Gaw Capital Partners for this data center project. The collaboration allows us to combine our development expertise and local proficiency in the Indonesian market with Gaw Capital’s global real estate experience, paving the way for a cutting-edge data center facility that will meet the increasing demand for advanced digital infrastructure in Batam and surrounding region. Indonesia’s demand for digital and cloud services is growing exponentially and it is an exciting opportunity to invest in the data centre industry.”

During the past few years, Gaw Capital has strategically prioritized investments in the Data Center sector, recognizing its significance as a fundamental pillar of the rapidly expanding digital economy. The firm’s commitment to this sector is evident through the successful launch of two data center platforms in China and two in Pan-Asia. Notably, in September 2020, Gaw Capital closed fundraising for its inaugural IDC platform, securing approximately USD 1.3 billion in equity. The capital infusion has facilitated partnerships with leading IDC developers and operators in China, enabling the establishment of a portfolio of projects with overarching objective to construct environmentally sustainable, highly efficient, innovative, and recyclable data center clusters.

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About Gaw Capital Partners

Gaw Capital Partners is a uniquely positioned private equity fund management company focusing on real estate markets in Asia Pacific and other high barrier-to-entry markets globally.

Specializing in adding strategic value to under-utilized real estate through redesign and repositioning, Gaw Capital runs an integrated business model with its own in-house asset management operating platforms in commercial, hospitality, property development, logistics, IDC and Education. The firm’s investments span the entire spectrum of real estate sectors, including residential development, offices, retail malls, serviced apartments, hotels, logistics warehouses and IDC projects.

Gaw Capital has raised seven commingled funds targeting the APAC region since 2005. The firm also manages value-add/opportunistic funds in the US, a Pan-Asia hospitality fund, a European hospitality fund, a Growth Equity Fund and it also provides services for credit investments and separate account direct investments globally.

Gaw Capital has raised equity of US$22.1 billion since 2005 and commanded assets of US$35.2 billion under management as of Q2 2023.

About Sinar Primera

Sinar Primera Group is a property company that focuses on driving the new economy real estate industry forward by developing innovative, distinguished, sustainable, and leading products in terms of technology and service quality in this new economic era. Sinar Primera Group prioritizes and maximizes its growth opportunities by adopting technology and its extensive utilization as its foundation. Sinar Primera Group’s primary portfolio includes eco-city townships, logistics solutions, and cutting-edge data center. For more information about Sinar Primera, please visit their website at .

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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 Network.