HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - On August 26, 2024, Tingyi (Cayman Islands) Holding Corp. (0322.HK, the “Company”, together with its subsidiaries, the “Group”) is pleased to announce its interim results for the six months ended 30 June 2024. In the first half of 2024, the Group proactively embraced opportunities and challenges, adhering to a long-term approach and strengthening the development and innovation of its core business. As a results, the Group achieved high-quality growth and optimization of its revenue structure, with major financial indicators showing robust improvement. For the six months ended on June 30, 2024, the Group’s revenue grew 0.7% year-on-year to RMB41.201 billion. Among which, the revenue from instant noodles was RMB13.814 billion, while the revenue from beverages was RMB27.065 billion. Gross profit margin improved by 2.1 percentage points year-on-year to 32.6%. EBITDA grew 12.2% year-on-year to RMB 4.825 billion.Financial Summary For the six months ended 30 June RMB’00020242023ChangeRevenue41,201,20840,907,456↑ 0.7%Gross margin32.6%30.5%↑ 2.1 ppt.Gross profit of the Group13,439,91512,465,643↑ 7.8%EBITDA4,824,6054,301,711↑ 12.2%Profit for the period2,235,0651,922,879↑16.2%Profit attributable to owners of the Company1,885,3101,637,670↑ 15.1%Earnings per share (RMB cents)   Basic33.4629.07↑ 4.39 centsDiluted33.4629.04↑ 4.42 centsAs at 30 June 2024, cash at bank and on hand (including long-term time deposits) was RMB17,930.285 million, representing an increase of RMB3,191.904 million when compared to 31 December 2023. Gearing ratio was -23.0%.In the first half of 2024, China’s economy was generally running steadily. With the growth in outdoor traveling, total retail sales of social consumer goods grew 3.7% year-on-year. In response, consumers were paying more attention to the quality-price ratio of products, and the shopping channels were shifting, which galvanized the growth of warehouse membership stores, discount stores, preference-based e-commerce platforms, among other channels. Enterprises with strong product power, brand power and channel control are able to better adapt to changes and serve consumers, thus driving the results to grow.In the first half of 2024, the gross profit structure of the Instant Noodles Business continued to improve. The revenue from Instant Noodles Business was RMB13.814 billion, declined by 1.0% year-on-year due to market pressures and product structure adjustment, accounting for 33.5% of the Group’s total revenue. During the period, attributed to the favorable optimization of raw materials and product mix, the gross profit margin of instant noodles grew 1.3 percentage points year-on-year to 27.1%. As a result of the year-on-year increase in gross profit margin, the profit attributable to shareholders of the Company in the instant noodles segment grew 5.4% year-on-year to RMB850 million. During the period, facing the continuous differentiation of consumption trends, the Instant Noodles Business kept meeting the diversified demands of consumers with a variety of offerings in price bands, flavors and sizes. Efforts have been made on upgrading core products, promoting innovative products, deploying high-potential products; adapting to the transformation of consumers’ shopping modes, and actively expanding channels such as warehouse membership stores and preference-based e-commerce. Consistently upholding product quality, and providing consumers with delicious and reassuring products.In the first half of 2024, revenue and gross margin in the Beverage Business continued to improve. The overall revenue from Beverage Business was RMB27.065 billion, with a year-on-year growth of 1.7%, accounting for 65.7% of the Group’s total revenue. During the period, the gross profit margin of beverage grew 2.5 percentage points year-on-year to 35.2% through product mix optimization and management efficiency enhancement. Due to the year-on-year increase in gross profit margin, the profit attributable to the shareholders of the Company in the beverage segment grew 26.9% year-on-year to RMB1.115 billion. During the period, the Beverage Business was accelerating to build up the advantages of scale. Focused on core categories, continuously refined innovative tastes and optimized marketing strategies. Followed the trend of sugar-free health, launched a suite of products of sugar-free tea, driving the growth of ready-to-drink tea category. Continued to deploy freezers with investment in a more scientific manner.Mr. Richard Chen, Chief Executive Officer, commented, “In the second half of 2024, the domestic demand is expected to be one of the key drivers of economic growth. To “Consolidate, Reform and Develop” is the strategy that the Group remains committed to. The Group will give full play to the advantages of intensive channel development and production capacity, actively expand consumption scenarios and sales point coverage, and take multiple measures to stimulate the consumption vitality of target groups. The Group has always attached importance to the buildup of growth momentum in the long run. On the basis of the goal of results growth, efforts will be made to keep increasing investment in fundamental research, accelerate talent echelon development, invest in brand building, improve digital operation capability, and strengthen food safety control and management. We advocate sustainable development, continuously fulfill social responsibilities, seek and seize development opportunities, and work together with partners to contribute actively to society. We are committed to better serving customers and consumers, creating values for shareholders, and shaping a comprehensive food and beverage “National Brand” that assures the government, delights partners, and reassures consumers.”- End –About Tingyi (Cayman Islands) Holding Corp. (0322.HK)Tingyi (Cayman Islands) Holding Corp. (the “Company”), and its subsidiaries (the “Group”) specialise in the production and distribution of instant noodles and beverages in the People’s Republic of China (the“PRC”). The Group started its instant noodle business in 1992, and expanded into instant food business and beverage business in 1996. In March 2012, the Group further expanded its beverage business by forming a strategic alliance with PepsiCo for the beverage business in the PRC. The Company exclusively manufactures, bottles, packages, distributes and sells PepsiCo soft drinks in the PRC. After years of hard work and accumulation, “Master Kong” has become one of the best-known brands among consumers in the PRC.For enquiries, please contact:Investor EnquiriesInvestor Relations Team, Tingyi (Cayman Islands) Holding Corp.E-mail: ir@tingyi.comChristensen China LimitedE-mail: stephanie.chen@christensencomms.comTel:+852 2117 0861 Copyright 2024 ACN Newswire via SeaPRwire.com.

Highlights- Total revenue increased by 14.9% to HK$3,265.4 million, with profit attributable to the owners of the company of HK$82.4 million- Gross profit increased by 5.3% to HK$477.7 million, with a gross profit margin of 14.6%- Contracts-in-hand remained at a high level of HK$11,704.3 million- Interim dividend amounted to HK2.38 cents per shareHONG KONG, Aug 26, 2024 - (ACN Newswire via SeaPRwire.com) - Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, the “Group”) (stock code: 1977), a leading electrical and mechanical (“E&M”) engineering and technology service provider in Hong Kong, today announced its interim results for the six months ended 30 June 2024 (the “Period”), with revenue growth and steady performance despite navigating through various challenges.The Group’s revenue for the Period was HK$3,265.4 million, representing an increase of 14.9%. This is mainly due to the effective execution of a variety of data centre, healthcare, building and infrastructure projects, including new projects which are scheduled to reach the threshold for profit recognition progressively and are expected to contribute to the future profit pipeline in phases, as well as the consolidation of revenue of two recently acquired lift companies in the United Kingdom (“UK”). Gross profit was HK$477.7 million and profit attributable to the owners of the Company was HK$82.4 million. The Group’s contracts-in-hand remained at a high level of HK$11,704.3 million, laying a solid foundation for future business. The Group maintained its active tendering activities throughout the Period, and submitted a total of 581 tenders or quotations valued at over HK$1 million each. In accordance with the tendering schedules, the award of many of the submitted tenders is due for announcement in phases later in the year. The Board has resolved to pay an interim dividend of HK2.38 cents per share.Dr Mak Kin Wah, Chairman of Analogue Holdings Limited, said, “It is a great privilege for me to present the Interim Report for the first time as Chairman of the Company. During the Period, we continuously enhanced our core businesses as a market leader in the E&M engineering and technology services markets, advancing our diverse business portfolio which includes Building Services, Environmental Engineering, Information, Communications and Building Technologies (‘ICBT’), and Lifts and Escalator services. Not only have we continued to invest in research and development (‘R&D’) to develop innovative construction technologies to assure quality, safety and efficiency, and advanced digital, and green and environmental technologies to position us in the growth segments, meet customer needs and create value for the community, we have also broadened our Lifts and Escalators business to include the UK and the United States (‘US’) as well as explored opportunities in other new markets. The results of these efforts are maintaining our industry leadership, helping to navigate the challenges and capture the opportunities in the current business environment, and facilitating our ongoing growth.”Revenue from the Building Services segment grew by 20.8% to HK$2,111 million during the Period, while its contracts-in-hand amounted to HK$5,585 million as at 30 June 2024. The recurring maintenance revenue stream was up by 11.3% to HK$205 million, and was further augmented by new maintenance contracts of HK$125 million secured from infrastructure operations, data centres and housing programmes during the Period. The Group has maintained its leadership in the building services sector, with a substantial market share and solid reputation among prestigious customers. With the recent achievement of significant new projects to provide E&M services, including a Grade A office building in Caroline Hill Road, Causeway Bay, with one of the highest levels of innovative Multi-trade Integrated Mechanical, Electrical and Plumbing (“MiMEP”) construction technologies for a commercial building, as well as a number of large-scale projects in Macau, the Group currently has large and sustainable contracts-in-hands. The Group will continue to invest in technologies such as Building Information Modelling (“BIM”) and MiMEP to enhance quality, safety, and productivity, including adding a new MiMEP facility in Mainland China to augment our established MiMEP facility in Hong Kong.Revenue from the Environmental Engineering segment amounted to HK$621 million. As at 30 June 2024, the segment had contracts-in-hand of HK$4,514 million, including eight new contracts or significant variation orders, demonstrating the Group’s expertise in delivering quality project management services for varied environmental infrastructure. During the Period, the Group was awarded several notable projects, including barrage and nullah improvement works in Yuen Long and a new landfill leachate treatment plant in Nim Wan, Tuen Mun. In addition to technologies for climate solutions, clean water, and waste and sewage treatment including AI-enabled Digital Twin, the Group also adopted innovative approaches to the strengthening protection, and operation and maintenance of environmental infrastructure to extend its life cycle and ensure that it provides excellent service to Hong Kong. In overseas markets, the Group participated in tenders including water treatment works with a capacity of more than 250 million liters per day in Teresa and Pasig in the Philippines, and a sewerage project in Dubai.ICBT recorded segment revenue of HK$295 million during the Period and had contracts-in-hand amounting to HK$938 million as at 30 June 2024. The Group’s cutting-edge CCTV systems with artificial intelligence (“AI”) video analytics have been adopted by the largest lifestyle shopping mall in the Southern District of Hong Kong Island to enhance security and optimise operations. Beyond the commercial sector, the Group has secured a contract to supply and install the Extra Low Voltage and Building Management Systems for a residential development project located in Tseung Kwun O, the largest residential development above the MTR station in the district. Well positioned for the opportunities arising from driving Hong Kong’s transformation into a “Smart City” and “Smart Economy”, the segment’s green and intelligent building solutions integrate a wide range of information and communications technologies, including AI-enabled Digital Twin, energy management technologies, renewable energy, ESG dashboards, Indoor Environment Quality Management, robotic solutions, and Smart Lampposts. Its solutions and services cover all industries and market segments in both the public and private sectors, including but not limited to data centres, healthcare, and infrastructure in Hong Kong.Revenue from the Lifts and Escalators segment increased by 49.4% year-on-year to HK$239 million, with contracts-in-hand increasing by 13.8% to HK$667 million as at 30 June 2024. Anlev Elevator Group (“Anlev”), the Group’s global brand of lifts, escalators and moving walkways, serves millions of users in Asia, America and Europe. As part of the Group’s growth strategies, Anlev has been making progress expanding its business in the UK and the US. Its success in securing overseas projects in the UK has contributed to the segment’s high revenue. In Hong Kong, maintenance contracts for both commercial and government buildings were major profit contributors during the Period. While Anlev’s performance in terms of both safety and service quality is well recognised by customers, Anlev is building critical mass to enhance the efficiency of production and has been continuously developing its products to meet customer needs and stay ahead of the competition.In July 2024, the Group unveiled the ATAL Tower, its new headquarters in Kwai Chung. Operation units from different offices are moving in by phases to be consolidated under one roof in this building, which will be fully operational by the third quarter of 2024. “This marks a new era and a significant milestone in the Group’s development. ATAL Tower boasts superior infrastructure that will enable us to better serve customers and partners while also providing a pleasant work environment to enhance our productivity and collaboration,” added Dr Mak.The Group remains cautiously optimistic about the business outlook, given the strong contracts-in-hand, its leadership position in growth segments, and its strong tendering pipeline. Its continuous success in securing new business opportunities and winning contracts augers well for remaining competitive in the industry and growing its revenue, customer base and market reach. The Hong Kong SAR Government’s planned annual capital works expenditure of about HK$90 billion presents significant opportunities for the Group. Overall, the Group sees potential in healthcare, infrastructure, housing, data centres, smart technologies, advanced food waste treatment technology, and retrofitting of existing buildings to contribute to sustainable urban development. The Group’s investment in BIM, Modular Integrated Construction (MiC), MiMEP, robotic solutions and other advanced construction technologies will strengthen its competitiveness and allow it to capture emerging business opportunities. The Group has healthy liquidity, low debt levels and strong recurring operating cash flows, which assures its financial flexibility to take on new projects in its tendering pipeline as well as to capture the opportunities arising in the current market condition, to optimise the long-term future of the business. The Group will continue to explore suitable synergistic business opportunities, including expansion into East Asia, Southeast Asia, the Middle East and other areas.Dr Mak concluded, “What Analogue has achieved would not have been possible without our dedicated and capable staff. Attracting and retaining talents remains one of our top priorities. We are committed to providing our employees with comprehensive training to support their development, and to cultivating a corporate culture that values professionalism and craftsmanship. As a market leader, we take pride in being able to provide a comprehensive suite of quality services, not only for the benefit of our customers, employees and shareholders, but also to contribute to the betterment of society in Hong Kong and around the world.”For further details of the 2024 Interim Results, please refer to the announcement filed with The Stock Exchange of Hong Kong Limited.– END –About Analogue Holdings LimitedEstablished in 1977, Analogue Holdings Limited is a leading electrical and mechanical (“E&M”) engineering and technology service provider, with headquarters in Hong Kong and operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies (“ICBT”) and Lifts & Escalators.The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. (“TEI”), one of the largest independent lifts and escalators companies in New York, the United States. The Group’s associate partner, Nanjing Canatal Data Centre Environmental Tech Company Limited (603912.SS), specialises in manufacturing of precision air conditioners. Copyright 2024 ACN Newswire via SeaPRwire.com.

MUMBAI, INDIA, Aug 23, 2024 - (ACN Newswire via SeaPRwire.com) - InfoComm India 2024 sets the scene as the region’s most significant Professional AudioVisual (Pro AV) and integrated experience solutions tradeshow. Taking place from 3-5 September 2024 at the Jio World Convention Centre (JWCC) in Mumbai, InfoComm India also plays host to the ninth edition of the InfoComm India Summit—often considered the technological preview and showcase of forward-facing technologies for India—with over 80 expert speakers from various diverse sectors, delivering cutting-edge content across more than 48 free-to-attend seminars organized in 14 specialty tracks.The Summit program at InfoComm India isn't just a conference; it serves as a compass for attendees to navigate the digital future, designed to equip them with the knowledge and inspiration to stay ahead of the curve. From Cybersecurity to Immersive Storytelling, Live events to Smart & Sustainable Cities, and from Conference Room Collaborations to Command and Control Rooms, the InfoComm India 2024 Summit brings together industry leaders, innovators, and professionals to explore and shape the future of India's audiovisual landscape.  InfoComm India 2024 | Over 40 free-to-attend educational sessions across 14 tracks, led by more than 60 industry experts.The summit kicks off with a keynote address by David Labuskes, CAE, CAE, RCDD, Executive Director and CEO of AVIXA, titled "Navigating New Horizons: Insights and Innovations Shaping India’s Pro AV Landscape".  The first day of summit continues with sessions on Smart & Sustainable Cities, Immersive Storytelling through technology, and future-focused sessions on Transformative Education and Cybersecurity. Attendees will hear from representatives of 3CDN Workplace Tech, India, AVID India, Kerala Urban Commission, Ministry of Finance, Government of India, Samsung Electronics, Sennheiser, Waste Management Research Centre, All India Institute of Local Self-Government (AIILSG) and many more.InfoComm India 2024 | Leading industry Experts and Luminaries sharing their knowledge and expertise from 3-5 September at JWCC, Mumbai.InfoComm India’s remaining summit sessions promise a wealth of insights with enlightening sessions such as “Digital Signage in the AI-age”, “Transformative Growth in Enterprise IT”, “The Future of Command & Control”,“Experiential Planning for Live Events & Exhibitions”, and “Mastering the Art of Audiovisual Communication”. Pundits and masterclass speakers from leading organizations like Blue Apple Digimedia, invidis consulting (Germany), Xtreme Media, Nexmosphere (Netherlands), PeopleLink Unified Communications, and Yamaha Corporation (United Kingdom), to name a few, will share their expertise and perspective with summit attendees.InfoComm India 2024 will also offer multiple networking opportunities to foster connections among industry professionals. These include a Breakfast Networking Hour at Luminary Lounge (Jasmine Hall) on 3 and 4 September, a Welcome Networking Event (co-hosted with AVIXA) on 3 September, AVIXA Women’s Council in India and AV Marketers Meetup, as well as Flashtrack seminars (AVIXA Booth) providing quick, informative sessions on the show floor, and Show Floor Tour highlighting new technology, products and solutions to help attendees stay updated on the latest advancements of the nearly 250 exhibiting companies and brands.  InfoComm India 2024 | Global Leading Organizations are part of the Summit lineup visitors can look forward to hear from.InfoComm India 2024 is not just an exhibition, but a hub for innovation, learning, and networking. For full details on speaker and session lineup, exhibitors, products, registration, and remaining sponsorship opportunities, visit InfoComm India.To access more press information on InfoComm India 2024, please visit Digital Press Office Kit Contact Information: Rest of the World   Angie Eng, Marketing Director InfoCommAsia Pte Ltd angieeng@infocommasia.com India   Sooraj Dhawansooraj@falconfirst.com Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 26, 2024 - (ACN Newswire via SeaPRwire.com) - 23 August 2024, Q P Group Holdings Limited (“Q P Group” or the “Group”; Stock code: 1412), a paper product manufacturing and printing services provider, today announced its unaudited interim results for the six months ended 30 June 2024 (“6M2024” or the “Period”).During the Period, the Group achieved revenue of approximately HK$538.6 million, representing an increase of approximately 16.9% as compared with the six months ended 30 June 2023 (6M2023). The gross profit increased by approximately 25.1% to approximately HK$192.5 million year-on-year. The gross profit margin increased to approximately 35.7% (6M2023: approximately 33.4%). Meanwhile, net profit also significantly increased by approximately 50.9% from approximately HK$35.8 million for 6M2023 to approximately HK$54.0 million for 6M2024. The increases in both gross profit and net profit were primarily attributable to the positive effects of better economies of scale driven by the increase in revenue from both original equipment manufacturer (“OEM”) sales and web sales, as well as the continuous enhancement in operational and production efficiency. Basic earnings per share was approximately HK10.15 cents (6M2023: approximately HK6.72 cents).The board of directors has resolved to declare an interim dividend of HK3.0 cents per share for 6M2024 (6M2023: HK2.0 cents).Business ReviewDuring the Period, leveraging the consistently outstanding performance in engineering and production efficiency and quality, the Group successfully secured additional orders from its major OEM customer driven by the increasing market demand, which boosted its overall OEM sales. Meanwhile, the Group pushed forward steady business development in different product lines, which included the development of trading card game manufacturing business in the PRC. The Group’s OEM sales revenue increased by approximately 19.3% to approximately HK$438.8 million for 6M2024. (6M2023: approximately HK$367.8 million), mainly attributable to the increased demand for the Group’s tabletop game products from its major OEM customer.In respect of web sales business, the Group continued to allocate resources to online and offline marketing initiatives including digital marketing, crowdfunding and participation in overseas exhibitions. During the Period, the Group’s web sales revenue increased by approximately 7.4% to approximately HK$99.8 million for 6M2024. The number of active registered user accounts, which refers to the registered user accounts with order(s) placed on the Group’s major websites, increased from approximately 64,100 as at the end of last year to approximately 70,400 as at 30 June 2024.During the Period, the Group’s original brand manufacturer (“OBM”) business launched a number of card products and crowdfunding projects, which included card products published under brand licensing initiatives, progressively carving out the Group brand’s reputation and recognition in the relevant markets.On the operational front, the new Vietnam factory officially commenced full-scale operation during the Period, and has become a key production hub of the Group, leading to a new landscape and opportunities for the Group’s overall supply chain operation and business.ProspectsLooking ahead, the global economy is expected to continue to recover and grow in the second half of 2024, but the manufacturing industry may still face challenges amidst uncertainties such as high inflation and geopolitical volatility. The Group will continue to strive for steady business diversification and expansion as well as improvement in operational efficiency, thereby elevating its competitive advantage.In the OEM business, the Group intends to further explore the trading card manufacturing business in USA’s and European markets, so as to seize the opportunities in both domestic and foreign markets and maximise economies of scale. In the web sales business, the Group will attempt to embark on diverse marketing campaigns that put emphasis not only on customer acquisition but also the growth of existing customers. Furthermore, Q P Market Network (“QPMN”), an e-commerce platform under the Group, has initiated collaborations with enterprises in different regions to offer online solutions for product customisation. The Group looks to promote QPMN’s services to more brands and licensors with the successful cases, making a step towards the realisation of a business-to-business-to-consumer (B2B2C) model. In terms of the OBM business, the Group will actively seek collaborations with more brands and licensors and develop additional product categories and product customisation to enrich customer experience.On the operational front, the Group will stay focused on enhancing the efficiency and capacity of the new Vietnam plant, and continues to drive digital transformation and smart operations. The Group is in the process of preparation for the certification of Level 2i of Industry 4.0 maturity for the Dongguan plant, moving forward to achieve more extensive smart operations.Mr. Cheng Wan Wai, Founder, Chairman and CEO of Q P Group concluded: “While the global economic landscape continues to present headwinds such as slowing growth and inflationary pressures, we remain confident in the Group’s long-term prospects. Our solid operational and financial foundations position us well to capitalise on future opportunities. We will continue to adopt a proactive and prudent management approach, pursuing steady business expansion and driving improvements in operational efficiency. By closely monitoring market changes and swiftly adapting our strategies, we will strive to minimise the impact and delivering long-term value for our stakeholders.”– End –About Q P Group Holdings Limited (Stock code: 1412)Established in Hong Kong in 1985, Q P Group is one of the leading paper-based tabletop games and greeting cards manufacturers in the PRC, with production sites in Dongguan and Heshan in Guangdong Province, the PRC, and Phu Ly City in Ha Nam Province, Vietnam. Its principal product categories include tabletop games, greeting cards, educational items and premium packaging. Since 2010, the Group has been operating web sales businesses to provide online solutions for diversified customised paper products and gift items. Currently, the number of its active registered users has reached over 70,000.Q P Group’s major websites are:www.makeplayingcards.comwww.boardgamesmaker.comwww.createjigsawpuzzles.comwww.printerstudio.comQ P Market Network: www.qpmarketnetwork.comFor more information, please visit:https://www.qpp.comMedia EnquiriesStrategic Financial Relations LimitedVicky LeeTel: (852) 2864 4834Email: vicky.lee@sprg.com.hkPhoebe LeungTel: (852) 2114 4172Email: phoebe.leung@sprg.com.hkLinda KwanTel: (852) 2114 4951Email: linda.kwan@sprg.com.hkWebsite: http://www.sprg.com.hk  Copyright 2024 ACN Newswire via SeaPRwire.com.

Riyadh, Saudi Arabia, Aug 26, 2024 - (ACN Newswire via SeaPRwire.com) - The Data Center Xpo is excited to announce the winners of the Data50 awards, which highlight the top technology leaders to watch in 2024. This year’s winners were chosen through a thorough process involving nominations, applications, data from our records, interviews, company websites, and other public sources.The Data50 awardees, known for their passion and innovation, drive impact across data analytics and emerging tech. The Data Centre Xpo transforms knowledge into actionable insights, fostering connections and partnerships. This year’s event will take place on September 3-4, 2024, at Voca in Riyadh, Saudi Arabia. This summit is a premier venue for exploring trends, networking, and engaging in sessions on data analytics, AI, and technology advancements. Join us to collaborate and discover transformative solutionsMeet the Data50 winners:Mohamed Abdeen, Head of Digital Services, Abdullah Al Othaim Investment Co.Muhammad Ghunaim, Head of BI & Analytics, Abdul Latif Jameel United Finance Company.Abdullah Rhwanjy, CITO,  Abdullah Al-Othaim Markets.Rafe Ismail, Datacenter Operations Senior Manager, Ad Diriyah Gate Development Authority.Abdullah Abdulwasa, Chief Digital Officer, Al-Faisaliah Group.Yehia Taqsira, CIO, Alfaris Group.Saad Chammah, Head of Information Technology Department, Almabani General Contractors.Dr.Faisal AlNasser, Head of Enterprise Information Technology (EIT), Almarai.Abdullah Karabilo, Director of Strategy and Digital Transformation, Arabian Shield Cooperative Insurance Company.Adrian Blanck, Chief Digitalization Officer, Aramco.Ali Hummadi, VP QHSSE, ARASCO.Krish Jangal, Director of IT, ARASCO.Abdullah AlOmari, Information Technology Director & CIO, ARO Drilling.Saeed Ahmed Mughal, IT Director, Al Safwa Hospital by MajestyAbdulaziz Al-Ghufaili, Chief Technology Officer, Bank Albilad.Adel Mazen Ammari, Director of IT Operations, Cenomi Centers.Faisal Alshammari, Deputy CEO & Chief Innovation Officer, Tameeni.Nawaf Alghamdi,  Director of Data and Artificial Intelligence, Council Of Health Insurance.Ghulam Murtaza, Head of Information Technology, The Coca Cola Bottling Company of Saudi Arabia.Faraz Manzoor, Head of IT & Technology, DAR Engineering.Tariq Al-Issa, Chief Information Officer, Enjaz.Ahmed Ali Larik, Head of IT Demand & Delivery and PMO, EMKANAbbas Natto, Group Chief Information Officer, Geidea.Wael Alfattani, Director of Information Technology (CIO), General Authority for Competition.Ali AlThuwaini, Director Business Intelligence, General Authority For Statistics - GASTAT.Sivakumar Seshadri, Head of Digital, General Organization for Social Insurance.Majed Shahin, Chief Technology Officer, Global Healthcare Co.Faisal Khashouf, Regional CIO Middle East & Africa, Hitachi Energy.Nasser Alamri, Cybersecurity Executive Director (CISO), Institute of Public Administration.Majed Alangari,  Head of Cloud and Infrastructure, Integrated Telecom Company(Salam) Riyadh.Abdulrahman Almazroua, Manager of Cybersecurity Operations at JHAH, John Hopkins Aramco Healthcare (JHAH).Rayed Saad Altukhais, Director of Digital Excellence, King Saud Medical City.Hamad Almutairi, Head of IT and Assets, King Saud Medical City.Abdulrhman AlKhnaifer, CIO,  King Saud University.Muath Aloufi, Director of Digital Transformation, King Khaled Eye Specialist Hospital.Mubarak Alshahrani, Chief Information Officer, King Saud Medical City.Mohammed Shah, IT and Smart City Director, Knowledge Economic City.Jad H Abdulsalam, VP, Cybersecurity and Digitization, Maaden.Mohammad Hazazi, IT&Sports Innovation Director, Mahd Academy.Syed Mubashir Ahmed, Head of IT & Projects Mobilization, Masah Construction Company.Naif Alharbi, Head of IT, MELSA (Mitsubishi Electric Saudi LTD).Osama Almujalli, Chief Data Officer, Ministry of Economy and Planning.Yousef Hamdan Alofey, Director of the Technical Affairs Department, Ministry of Municipal and Rural Affairs and Housing.Ahmad Mishkhas, Chief Information Security Officer,National Bank Of Bahrain.Ibrahim Al-Ammar, Chief Information Technology Officer, National Medical Care Company (NMC).Amin Aljaber, CIO, Nesma & Partners.Azwar Shah, Head of IT, Noon.Abdulrahman Alsarami, ICT Senior Director, NUPCO.Muhammad Uzair, CIO, PepsiCo.Anas Mosa, Director of Information Technology - PIF Projects, Public Investment Fund (PIF).Hala Mohammed AlSamnan, Vice President of IT Internal Audits, Riyadh Bank.Alok Srivastava, Director - IT Applications, ROSHN.Faisal Jamil, Associate Director IT & Cyber Risk, RSM Saudi Arabia.Mahmood Mubarak, Head of Technology O&M, Sahm Capital.Ali Alzahrani, Head of Cyber Security, SAMI Advanced Electronic Company.Asim Badhuralam, Director of Digital Transformation, Sanabel Alsalam for Food Manufacturing Company.Nader Alsinani, IT & Digital Services Director, Saudi Downtown Company – PIF subsidiary.Eyad Buhulaiga, Chief Data Management & Digital Strategy Officer, Saudi Electricity Company.Sayed Naser, Group IT Director, Saudi Industrial Development Company.Fahad Bin Moselekh, VP, Information Technology, Saudi National Bank.Mashari Almussaed, Digital Transformation Operations Manager, Saudi Olympic & Paralympic Committee.Ahmed Docrat, Executive Director - Digital Transformation, Saudi Tourism Authority.Saleh Alharbi, CIO, Shaqra University.Sameer Joshi, IT Director, SPIMACO.Zakir Shaikh, Group Head IT Operations, Tanmiah Food Company.Omar Albilali, CIO, Tasnee.Abdulrahman Alghabban, Director of Infrastructure & Data Center Operations, Tawuniya Riyadh.Abdullah Al-Zahrani, Director of Personal Data Protection, Tawuniya Riyadh.Eng.Syed Kareemuddin, Head of IT Infrastructure,Network & Security, The Coca-Cola Bottling Company of Saudi Arabia.Saud Alabdulaziz, Head Of Information Technology, The Financial Academy.Mohamed Fathy Zeineldin, Head of Enterprise Architecture and Data Governance, The Saudi Investment Bank.Shahzad Sultan, Director of Information Technology, U.S. Renal Care Riyadh.Abdullah Biary, Chief Information Security Officer, United Cooperative Assurance.Irfan Ul Haq, Director of Information Technology,Warehousing & Logistics Services Co LSC.Don’t miss the chance to connect and learn from the winners of the Data50 awards. This is an excellent opportunity for those eager to stay at the forefront, explore the possibilities of data analytics, or investigate the future of emerging technologies. The Data Center Xpo provides a unique platform to engage with leading experts in technology.For more information about Data Center Xpo and the Data50 awards, click on the Link.For Media Enquiries, contact:Kasturi Nayak (Sr. Marketing Executive) Kasturi.nayak@exito-e.com  Enquiry@exito-e.com  Exito Media Concepts Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, Aug 26, 2024 - (ACN Newswire via SeaPRwire.com) - GoKardz, a new-age digital business card platform, launched its innovative solution to redefine modern networking. GoKardz, a Malaysia-based tech startup that hosted a soft launch event in Kuala Lumpur, promises to be a game-changer in how professionals manage and share their digital identities. Based on the available statistics, five million trees are cut down each year to produce business cards. And hundred billion paper business cards are printed every year, of which 88% of business cards are thrown away or lost within a week, making it is big and meaningful problem to solve. With GoKardz, users can now seamlessly connect, network, and present themselves in the most dynamic and personalized way, using a solution that is highly sustainable.Amaresh Panda, Founder of GoKardzGoKardz is not just a digital business card platform; it is a comprehensive solution for creating a distinct professional identity in the digital era, coupled with a platform-enabled services ecosystem. With GoKardz, users can seamlessly connect, network, and present themselves in the most dynamic, personalized and sustainable way. And, its platform-enabled services ecosystem is the foundation for delivering real value to business & enterprise users by offering them solutions for identity & access management, programmatic advertising & marketing solutions, job listings and an online store with exclusive GoKardz branded merchandise.Guests Downloading the GoKardz AppAmaresh Panda, the visionary founder of GoKardz, has always been passionate about leveraging technology to solve real-world problems. He envisages GoKardz to be the world’s leading platform for professional digital identity, modern networking, and opportunity discovery. He says, with ‘One Card, Infinite Opportunities’ as its tag line,  the company’s mission is to revolutionize professional networking by bridging gaps, fostering collaboration, and creating opportunities for professionals worldwide through simple and user-empowering technology that is sustainable. He continues to add, ‘While there are a few other similar products in the market that offer digital cards, we have made a bold attempt to take the game to a whole new level by keeping the digital business card at the centre and curating the whole digital identity and product-enabled services ecosystem around it. I am confident it will offer tremendous added value to our users, individual as well as corporates.’ When asked about, who could benefit the most by using the GoKardz solutions, Amaresh replied, ‘While any individual or business user is welcome to experience our product, we believe entrepreneurs & business owners, professionals in sales & marketing, freelancers who need to promote their products & services, event attendees and the professionals in the recruitment & talent industry stand to benefit the most out of the current features on the platform.’GoKardz, is a venture from the venture building studio of Kuber Ventures, a Singapore-based venture studio with presence across India, Malaysia & Australia. The venture-building partnership and investment from Kuber Ventures has significantly bolstered GoKardz’s time to market, innovation capabilities & growth. With this strategic support, GoKardz will be able to enhance its technology infrastructure, expand its range of features, and improve user experience, quite rapidly. The market access provided by Kuber Ventures will also enable GoKardz to accelerate its market expansion beyond Malaysian shores as the company grows its footprint, reaching a broader audience and establishing a stronger presence in the industry.Guests with Kuber Ventures TeamAccording to Alok Kumar, the visionary Partner of Kuber Ventures, GoKardz is the first product in 2024 to be launched from our venture studio and has tremendous potential for growth. With their digital & NFC-enabled cards, tracking & managing contacts for individual as well as business or enterprise users is a breeze. On top of it, the platform also offers certain curated services specially designed for businesses and an online store with GoKardz merchandise, which will be launched soon.Karunjit Kumar Dhir, the Partner at Kuber Ventures added, with attention spans getting shorter and information overload everywhere, it is time to simplify fundamental things like managing our digital identity and the way we network or keep in touch with our friends, colleagues, business partners and professional network at large. Paper business cards are often misplaced, outdated, or discarded. For companies, paper cards mean lost control over sharing, no analytics to measure effectiveness, and the inability to update contacts in real-time, limiting their use for marketing and brand consistency. We are excited to witness the growth and engagement of early adopters on the platform, and the fact that GoKardz team has already started onboarding paying customers gives us high confidence about this latest venture from our studio this year. I am excited to start using the GoKardz mobile app and my personalised NFC-enabled card powered by GoKardz and the fact that I will never have to worry about printing or managing my paper business cards ever again.Showcasing GoKardz NFC Card and MerchandiseAbout GoKardz  GoKardz is a digital business card platform dedicated to redefining professional networking. It offers a vibrant networking environment, a dynamic job platform, and various professional services, all designed to make advanced technology accessible, inclusive, and impactful. The platform supports multiple languages and provides robust customization options to reflect unique professional identities. Above all, it enables all of us in going green by adopting a more sustainable alternative than paper-based cards, which are difficult to track & maintain.For more details on GoKardz, visit our website. Join us to witness the future of professional networking with GoKardz.Experience GoKardz and redefine your professional networking by downloading our app from the following links:GoKardz for iOS: https://apple.co/3wdzhJDGoKardz for Android: https://bit.ly/3UsJvxQGoKardz: Digital Business Cards to Elevate Networking & Amplify SuccessEmpower your professional network with GoKardz digital cards. Create your digital business card, download our iOS or Android app, or get started on our web dashboard today!For more information, please contact:Email: hello@gokardz.com ; komal@mianext.comWebsite: www.gokardz.com Copyright 2024 ACN Newswire via SeaPRwire.com.

Gross Revenue surged by 34.4% year-on-year to RM36.6 million.Net Property Income increased by 33.7% to RM20.7 million, bolstered by new revenue stream from its recently acquired non-retail asset - Kolej Yayasan Saad.Strong performance across Hektar Malls with 6.4% Positive Rental Reversion and close to 90% overall committed occupancy.Announces first interim income distribution of 1.9 sen per unit together with Income Distribution Reinvestment Plan.KUALA LUMPUR, Aug 23, 2024 - (ACN Newswire via SeaPRwire.com) - Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (“Hektar REIT”) is pleased to announce the second quarter results for the financial year ending 30 June 2024 (“Q2 FY2024”), highlighting a significant improvement in financial performance driven by new revenue contribution from Kolej Yayasan Saad and effective operational management.Sabrina Halim, Chief Operating Officer of Hektar Asset Management  In Q2 FY2024, Hektar REIT reported revenue of RM36.6 million, an increase of 34.4% compared to RM27.2 million in the preceding year’s corresponding quarter (“Q2 FY2023”) largely attributed to the rental income recognised from its newly acquired education asset, Kolej Yayasan Saad (“KYS”). Net Property Income (“NPI”) increased by 33.7% from RM15.5 million to RM20.7 million, and Net Realised Income surged by 42.8% to RM9.9 million in Q2 FY2024.Hektar REITSummary of Financial Results for 2Q24Q2’ 2024RM’000Q2’ 2023RM’000Variance%Total Revenue36,55727,20734.4Nei Property Income (“NPI”)20,71315,42733.7Net Realised Income9,9336,95642.8 The quarter under review saw an encouraging rental reversion rate across all Hektar Malls with overall rental reversion recorded at 6.4%. On its tenancy expiry profile, a total of 28 renewals and new tenancies were secured which make up to 3.2% of the portfolio’s net lettable area. Cumulatively, a total of 62 renewals and new tenancies representing 259,676 sf of 12.7% of its retail portfolio’s net lettable area have been completed to-date with other expiring tenancies are currently in advanced negotiations stage, on track for conclusion by year-end.Supported by the strong financial performance, the Manager of Hektar REIT has declared an interim income distribution of 1.9 sen per unit for Q2 FY2024, totalling RM13.4 million. This translates to an annualised dividend yield of 6.4% based on the closing price of RM0.595 on 28 June 2024. The Income Distribution Reinvestment Plan (“IDRP”) will be applied, allowing unitholders to reinvest their dividends into new units. Unitholders are presented with this option to enhance their investments in Hektar REIT, in alignment to Hektar REIT’s capital growth and preservation objectives.As at Q2 FY2024, the overall occupancy rate at Hektar Malls was recorded at 87.2%. On the other hand, secured occupancy rate has further improved to 89.3% with tenants committed to open their doors to customers in the coming quarters. The encouraging numbers resulted from Hektar REIT’s enhance leasing strategies, continuous Asset Enhancement Initiatives (“AEI”) together with the strong retail industry outlook for the remaining half of 2024.To further extract values from its portfolio of retail assets, the Manager’s focus remains to be on Subang Parade’s overall repositioning. Urban Agenda Design Sdn Bhd was recently appointed as the lead architect for the rejuvenation project which covers Subang Parade’s interior and exterior facelifts to be implemented over three (3) years. Urban Agenda Design Sdn Bhd is an experienced party with extensive redevelopment portfolio ranging from REX KL, Semua House, The Five and Maximin Office (PJ). The management foresees improved occupancy levels, positive rental reversions, property valuation and increase in visitor traffic post-renovation works. The project is currently at the detailed design stage with the actual works on-site targeted to commence by Q1 2025.Sabrina Halim, Chief Operating Officer of Hektar Asset Management Sdn. Bhd. commented, "The positive results derived from the successful acquisition of our first non-retail asset marks a significant milestone in our diversification strategy. This strategic move not only broadens our portfolio but also enhances our resilience against market fluctuations. We believe that diversifying our asset base with high-quality, income-generating properties will provide a more stable revenue stream and reduce our dependency on retail assets alone.”She further added, “As we move forward, we are actively exploring further accretive opportunities that align with our long-term growth objectives, ensuring that we continue to deliver sustainable and attractive returns to our unitholders. Our commitment to optimising our asset portfolio and implementing prudent capital management practices will drive Hektar REIT’s growth and position us strongly in an increasingly competitive market environment."The Manager recently announced the intention to double Hektar REIT’s portfolio size to RM3 billion by 2027. Presented by various opportunities, the Manager is carefully appraising the prospects for their financial feasibility, strength of income stream, growth potential and contribution to the portfolio’s blended returns. With a target of having a well-balanced portfolio, the Manager is focusing on its core which is underserved retail assets with value creation potential, while also eyeing for resilient assets such as education properties within the K-12 segment and light industrial properties. Meanwhile, the Manager is continuously enhancing the leasing and marketing initiatives at Hektar Malls, with pockets of minor AEIs implemented on-site to further enhance the value propositions of the shopping centres.ABOUT HEKTAR REAL ESTATE INVESTMENT TRUSTHektar Real Estate Investment Trust (“Hektar REIT”) is Malaysia’s first listed retail-focused REIT. The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT. Hektar REIT was listed on the Main Market of Bursa Malaysia Securities Berhad on 4 December 2006 and currently owns 2 million square feet of retail space in 4 states with assets valued at RM1.2 billion as at 31 December 2023. Hektar REIT is managed by Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd. Hektar REIT’s portfolio of diversified properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade and Kolej Yayasan Saad in Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah and Segamat Central in Segamat, Johor. For more information, please visit www.HektarREIT.comFor more information or inquiries, please contact:Hektar Asset Management Sdn BhdD1-U3-10, Solaris DutamasNo 1, Jalan Dutamas 150480 Kuala LumpurMalaysia Investor RelationsTel: +603 6205 5570Fax: +603 6205 5571Email: ir@HektarREIT.comWeb: www.HektarREIT.com  Copyright 2024 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, Aug 23, 2024 - (ACN Newswire via SeaPRwire.com) - EPB Group Berhad (“EPB”), and its group of companies (the “Group”), an established one-stop food processing and packaging machinery solutions provider, proudly made its debut today on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). The shares opened at RM0.65 per share, representing a significant 16.07% premium over the IPO price of RM0.56 per share.Ms. Tan Poh Lin, Senior Vice President of Malacca Securities Sdn. Bhd.Mr. Fok Chuan Meng, Head of Dealing of Malacca Securities Sdn. Bhd.Mr. Stephen Chua Chee Keong, Independent Non-Executive DirectorEn. Noor Azman Bin Nordin, Independent Non-Executive ChairmanMr. Liew Meng Hooi, Deputy Managing Director of EPB Group BerhadMr. Yeoh Chee Min, Managing Director of EPB Group BerhadMs. Ooi Kim Kew, Executive Director of EPB Group BerhadMr. Khor Chai Tian, Independent Non-Executive Director of EPB Group BerhadMr. Ooi Hun Pin, Independent Non-Executive Director of EPB Group BerhadMr. Wong Yoke Nyen, Director of WYNCORP Advisory Sdn, Bhd.[L-R] EPB is listed under the stock name "EPB" with the stock code “0317”.Specialising in the design, customisation, fabrication, integration, and automation of production lines, the Group is a recognised leader in the food processing and packaging machinery industry. The Group’s innovative technologies and dedication to operational efficiency have been crucial in enhancing the quality of food processing and packaging solutions, supporting clients' environmental, social, and governance ("ESG") goals, including improving operational efficiency and product quality.The successful initial public offering of EPB raised RM40.08 million from the Public Issue, which will be allocated for the following: -RM24.60 million towards factory expansion, including acquisition of land, construction of factory, and purchase of machinery;RM3.00 million for the repayment of bank borrowings;RM8.48 million for working capital purposes; andRM4.00 million for listing expenses.En. Noor Azman Bin Nordin, Independent Non-Executive Chairman, stated: "We are deeply appreciative of the overwhelming response to our IPO. This significant occasion marks a milestone for EPB, reflecting the hard work and dedication of our team and the market's confidence in our vision and strategy. The increasing demand for automation and advanced machinery in the food processing and packaging sectors presents tremendous opportunities for us. With our listing, EPB is well-positioned to drive growth and innovation. Our plans include expanding our business footprint in Penang by building a new corporate office and a factory to enhance our production capabilities and provide additional warehousing space to meet future demand. We look forward to leveraging these opportunities to deliver greater value to our stakeholders.”Ms. Lim Chia Wei, Managing Director of Malacca Securities Sdn. Bhd., shared: “The successful listing of EPB Group Berhad marks an important milestone for the company and highlights the strong prospects of the industry. The sector continues to evolve with increasing consumer demand for high-quality, efficient automated solutions for food processing and packaging. Concurrently, EPB Group’s strategic focus on technological advancements and customisation uniquely positions it to capitalise on these trends. We are excited to support EPB Group in leveraging these opportunities to drive growth and innovation in the food processing and packaging machinery industry.”Malacca Securities Sdn. Bhd. is the Principal Adviser, Sponsor, Underwriter and Placement Agent, and WYNCORP Advisory Sdn. Bhd. is the Corporate Finance Adviser of EPB Group Berhad.About EPB Group Berhad and its group of companies (“EPB Group”)Since EPB Group Berhad (“EPB”) and its group of companies (the “Group”) inception in 1992, EPB Group has established itself as an experienced player in the food processing and packaging machinery industry in Malaysia. Starting with trading manual packaging machines, EPB Group has grown and diversified its offerings to include comprehensive solutions such as the design, customisation, fabrication, integration, and automation of production lines specifically for the food manufacturing and processing sectors. Additionally, EPB Group has expanded into trading of cellulose casings and manufacturing and trading of flexible packaging materials, enhancing its portfolio to cater to the dynamic needs of the food industry. Known for its dedication to innovation, customer-centric solutions, and operational excellence, EPB Group continues to strengthen its position in the market, driven by a commitment to advancing food processing and packaging technologies and expanding its presence both locally and regionally. For more information, visit https://epb.group/Issued By: Swan Consultancy Sdn. Bhd. on behalf of EPB Group BerhadFor more information, please contact:Jazzmin WanTel: +60 17-289 4110Email: j.wan@swanconsultancy.bizXinyi ChingTel: +60 19-337 9099Email: x.ching@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.