About: fang

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - December 23, 2024) - Kincora Copper Limited (TSXV: KCC) (ASX: KCC) (Kincora or the Company) is pleased to confirm the closing of its previously announced private placement of 33,500,659 shares, raising gross proceeds of AUD$1,273,025 (CAD$1,206,024). The placement was conducted in two tranches:Closing of Private PlacementFirst TrancheClosed on October 22, 2024, with the issuance of 12,576,031 shares for total gross proceeds of AUD$477,889 (CAD$452,737).Second TrancheClosed on December 18, 2024, with the issuance of 20,924,627 shares for total gross proceeds of AUD$795,136 (CAD$753,287).Insiders/Directors participated in the second tranche as follows:Cameron McRae: 568,421 sharesJohn Holliday: 568,421 sharesJeremy Robinson: 248,211 sharesBig Ben Holdings Pty Limited: 5,751,974 sharesThe shares were issued at a price of 3.8 Australian cents (approximately 3.6 cents) per share, with one attaching option for every two shares issued. Each option has an exercise price of 7.5 Australian cents (approximately seven cents) and a two-year term. The issue price represents a 12-per-cent discount to the last closing price on October 10, 2024, and a 16-per-cent discount to the 15-day volume-weighted average price on the Australian Securities Exchange. Morgans Corporate Ltd has acted as Lead Manager. Associated with the raising a 3.9% (AUD49,478) cash fee was paid on funds raised.A portion of the private placement and the shares for services are related party transactions within the meaning of Multilateral Instrument 61-101. The Company is relying on the exemptions in sections 5.5(a) and 5.7(1)(a)of Multilateral Instrument 61-101 (the "Instrument") from the valuation and shareholder approval requirements of the Instrument in respect of the private placement and the shares for services, based on the fact that the fair market value of the transactions (as it concerns related parties) is not more than 25% of the market capitalization of the Company.Performance Rights ExerciseFollowing approves at the December 10, 2024, shareholders meeting and the Company announces the exercise of 3,877,370 performance rights by certain directors, officers, and consultants. These performance rights were granted on February 17, 2022, and have now vested. The shares have been issued at a price of $0.13 per share, with the following breakdown:Cameron McRae: 1,692,308 sharesJonathan (Sam) Spring: 1,884,754 sharesJohn Holliday: 223,385 sharesSam McRae: 76,923 sharesThe Equity Incentive Plan ("EIP") is approved annually by shareholders and a key element of the Company's total compensation package to the board, senior management and eligible consultants that seeks to align interests to shareholders, reduce cash costs and increase the amount of cash invested in exploration.Shares for ServicesFollowing approves at the December 10, 2024, shareholders meeting, the Board of Directors has approved the issuance of 7,169,335 common shares to certain officers, directors, and consultants as payment for services provided in 2022, 2023, and the first half of 2024. These shares have been issued at various prices based on the respective periods of service, as detailed below:Total Shares Issued: 7,169,335Average Issue Price: $0.054 per shareThe issuance of shares under this program has been conducted in compliance with regulatory approvals from the TSX Venture Exchange (TSXV) and the Australian Securities Exchange (ASX).Regulatory ApprovalsThe issuance of shares for services is subject to final regulatory approval. The shares will be issued as fully paid and non-assessable common shares, and applications for listing on the ASX and TSXV will be made promptly.Post the aforementioned issuances, the Company has 291,720,904 shares and 69,050,325 options outstanding.This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763).For further information please contact: Sam Spring, President and Chief Executive Officer sam.spring@kincoracopper.com or +61 431 329 345Executive office 400 - 837 West Hastings StreetVancouver, BC V6C 3N6, CanadaTel: 1.604.283.1Fax: 1.888.241.5996Subsidiary office AustraliaVista AustraliaLevel 4, 100 Albert RoadSouth Melbourne, Victoria 3205Fax: 1.888.241.5996Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234997 Copyright 2024 ACN Newswire via SeaPRwire.com.

LONDON, Dec 23, 2024 - (ACN Newswire via SeaPRwire.com) - Today, Beyond Work, an enterprise AI company, announced the record-setting results of Matrix, a novel memory-augmented AI framework for automating business document processing. Developed in collaboration with researchers from Penn State University, Oregon State University, and Kuehne+Nagel, one of the world's largest logistics providers, Matrix addresses the complex, time-intensive task of extracting transport references from Universal Business Language (UBL) invoices.MATRIX ResultsComparing the success rates of four methods (CoT, Two-agent, Reflexion, Matrix) across GPT-4o-mini and GPT-4o, with Matrix achieving the highest performance.By harnessing an iterative, memory-centric learning strategy, Matrix achieves a 30.3% improvement over chain-of-thought prompting, outperforms a standard Large Language Model agent by 35.2%, and surpasses Reflexion by 27.28%-establishing its state-of-the-art capabilities in AI reflection."Matrix redefines what's possible for enterprise automation by dramatically improving accuracy while reducing operational costs," said Malte Højmark Bertelsen, co-author and cofounder of Beyond Work.Matrix's success is the result of an international team of experts, including Jiale Liu, Yifan Zeng, Malte Højmark-Bertelsen, Marie Normann Gadeberg, Huazheng Wang, and Qingyun Wu, an Assistant Professor at Penn State University recognized for her contributions to Automated Machine Learning (AutoML) and Large Language Models (LLMs). Her track record includes high-impact open-source projects, such as AutoGen, that enable complex multi-agent collaborations - foundational principles driving Matrix's memory-augmented approach.Key HighlightsReal-World Validation: Data from Kuehne+Nagel demonstrates Matrix's impact on global logistics operations.Iterative Learning: Self-reflection accelerates domain adaptation for specialized documents.Operational Efficiency: Fewer API calls and reduced cost profile elevate enterprise scalability.Enhanced Robustness: The system effectively handles larger, more complex documents beyond typical AI baseline models.An anonymized subset of the dataset is available to catalyze further research in enterprise AI by contacting Beyond Work.Research ReferencePaper: https://arxiv.org/abs/2412.15274Open-source data: https://github.com/bwllaming/matrix-paperAbout Beyond WorkCo-founded by industry veterans from Uber, Tradeshift, and other unicorn alumni, Beyond Work is an enterprise AI platform that eliminates tedious tasks and drives tangible business outcomes in finance, procurement, and supply chain. Used by Fortune 500 customers in energy, logistics, and life sciences, its state-of-the-art platform leverages agentic networks in business to empower teams to focus on real innovation instead of busy work.Contact InformationMalte Højmark-BertelsenCofounder, Head of Applied AI and Researchmalte@beyondwork.aiSOURCE: Beyond Work Copyright 2024 ACN Newswire via SeaPRwire.com.

THE AWARDS MAKE HISTORY, HONOURING REAL ESTATE ACHIEVEMENTS IN THE MIDDLE EAST FOR THE FIRST TIME, AND AGAIN RECOGNISING DEVELOPERS IN INDIA AND SRI LANKAPropertyGuru Group, Southeast Asia’s leading property technology company, announced the winners of its real estate awards during the exclusive International LuncheonBANGKOK, Dec 18, 2024 - (ACN Newswire via SeaPRwire.com) - PropertyGuru Group, Southeast Asia’s leading property technology company, today announced the winners of its real estate awards in the Middle East and South Asia during the exclusive International Luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.The inaugural PropertyGuru Asia Property Awards (Middle East) recognised exemplary real estate achievements across the growing region. Dominating this milestone edition of the awards, Oud Real-Estate Development Company won the coveted Best Mixed Use Developer (KSA) title as well as the Best Retail Office Development (KSA) and Best Retail Office Interior Design (KSA) awards for its project, The North Yard.Oud Real-Estate Development Company, PropertyGuru Asia Property Awards (Grand Final) 2024Oud Real-Estate Development Company later won Best Mixed Use Developer (Asia) at the 19th PropertyGuru Asia Property Awards Grand Final, held on the same day at The Athenee Hotel, a Luxury Collection Hotel, Bangkok. This marked Saudi Arabia’s debut at the Grand Final, also known as the finale of the annual PropertyGuru Asia Property Awards series.The PropertyGuru Asia Property Awards (India) and PropertyGuru Asia Property Awards (Sri Lanka) this year returned for their fifth editions, celebrating great projects and industry leaders across South Asia.Signature Global (India) Limited, PropertyGuru Asia Property Awards (India) 2024In India, Signature Global (India) Limited claimed its first Best Developer award, alongside a Best Green Development award for Signature Global Titanium SPR. By the Waters by Suryam Developers LLP was recognised as Best Waterview Housing Development.By The Waters by Suryam Developers LLP, PropertyGuru Asia Property Awards (Grand Final) 2024 By the Waters went on to win Best Waterfront Housing / Landed Development (Asia) for Suryam Developers LLP at the Grand Final.Home Lands Skyline (Pvt) Ltd, PropertyGuru Asia Property Awards (Sri Lanka) 2024In Sri Lanka, Home Lands Skyline (Pvt) Ltd achieved its first Best Developer title, with additional honours for its projects: Best Luxury Condo Development (Colombo) for Waterdale Residencies, bordering Colombo 7, and Best Waterfront Condo Development for Oceana Beach Resort Apartments & Villas – Wadduwa.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The Middle East has entered an era of remarkable growth, marked by investments in megaprojects and equally impressive smaller-scale developments, all driven by visionary government initiatives, economic diversification, and strong fundamentals. It’s truly a privilege to expand the PropertyGuru Asia Property Awards for the first time to this part of the world. With these awards, we recognise the region’s world-class projects ranging from mixed-use developments to high-calibre commercial spaces. We're proud to have introduced these benchmarks of excellence in the Middle East, marking the beginning of our contribution to this region's progress and success.”Ajai A Kapoor, chairperson of the Awards in India, said: “These accolades inspire continued excellence in India, a booming real estate market fuelled by a solid economic foundation, resulting in rising demand and active development, across residential and commercial projects. The expanding diversity of the Indian property market is equally exciting, offering consumers a wide range of options, from eco-friendly designs to luxury homes with world-class amenities and breathtaking views. Congratulations to all our awardees in India.”Dr. Nirmal De Silva, chairperson of the Awards in Sri Lanka, said: “Sri Lanka has experienced remarkable transformations in recent years, complemented by a real estate market that continues to attract international property seekers. The return of the Awards this year highlights this progress, showcasing luxurious villas and homes across the island, from Colombo to emerging cities, fuelled by significant infrastructure developments, including ports and airports. Congratulations to all the winners of this year’s awards.”The panel of judges in the Middle East consists of Stephen Oehme, director, Quantum Analysis Pte Ltd Singapore, and James A. Kaplan, CEO, Destination Capital Company Limited. Ajai A Kapoor, CEO of 360 degrees – Real Estate Services, and Madhav Raman, co-founder of Anagram Architects, comprise the panel of judges in India while Dr. Nirmal De Silva, director and CEO of Paramount Realty, leads the judging process in Sri Lanka.The judges lead a transparent, fair, and credible selection process under the supervision of HLB. The official supervisor is part of the “2024 Network of the Year” winner HLB International, the global network of independent professional accounting firms and business advisers.Organised by PropertyGuru Group, the 2024 editions of the Awards in the Middle East, India, and Sri Lanka are supported by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.COMPLETE LIST OF WINNERS2024 PropertyGuru Asia Property Awards (Middle East)DEVELOPER AWARDBest Mixed Use Developer (KSA)WINNER: Oud Real-Estate Development CompanyDEVELOPMENT AWARDBest Retail Office Development (KSA)WINNER: The North Yard by Oud Real-Estate Development CompanyDESIGN AWARDSBest Retail Office Interior Design (KSA)WINNER: The North Yard by Oud Real-Estate Development Company2024 PropertyGuru Asia Property Awards (India)DEVELOPER AWARDBest DeveloperWINNER: Signature Global (India) LimitedDEVELOPMENT AWARDSBest Waterview Housing DevelopmentWINNER: By the Waters by Suryam Developers LLPBest Green DevelopmentWINNER: Signature Global Titanium SPR by Signature Global (India) Limited2024 PropertyGuru Asia Property Awards (Sri Lanka)DEVELOPER AWARDBest DeveloperWINNER: Home Lands Skyline (Pvt) LtdDEVELOPMENT AWARDSBest Luxury Condo Development (Colombo)WINNER: Waterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) LtdBest Waterfront Condo DevelopmentWINNER: Oceana Beach Resort Apartments & Villas - Wadduwa by Home Lands Skyline (Pvt) LtdAbout PropertyGuru’s Asia Property AwardsPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn1Based on SimilarWeb data between October 2023 and March 2024. 2Based on Google Analytics data between October 2023 and March 2024.  3Based on data between January 2024 and March 2024. 4Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com   Media & Partnerships:Piyachanok Raungpaka, Media Relations & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com     Sales & Nominations:Monika Singh, Solutions ManagerM: +66 87 677 4812E: monika@propertyguru.com Priyamani Srimokla, Account ManagerM: +66 85 440 1655E: priya@propertyguru.com  Copyright 2024 ACN Newswire via SeaPRwire.com.

Dhaka, Bangladesh, Dec 23, 2024 - (ACN Newswire via SeaPRwire.com) - Summit Group, Bangladesh’s largest private sector power generation company, has issued clarifications in response to a recent draft of a government White Paper, and said it welcomes transparency and remains committed to the highest levels of corporate governance and corporate social responsibility (“CSR”) in the country.Bangladesh media have reported widely on a draft of the ‘White Paper on the State of the Bangladesh Economy’ released in recent weeks by the interim government led by the Honourable Chief Adviser Dr. Muhammad Yunus. The document said Bangladesh’s power and energy sector faced challenges such as excess capacity, dependence on imports of gas and under-development of domestic natural gas resources.Summit Power International Limited (“SPIL”), the Singapore-registered parent of Summit Corporation Limited (“SCL”) – the leading foreign direct investor in Bangladesh’s power sector – has responded to statements in White Paper which referred to SCL’s assets or subsidiaries.1) The draft White Paper referred to Summit Group as being one of the “selected large conglomerates” which enjoyed “exemptions on project income” and “exemption on income arising from power generation”.SPIL said these exemptions cited were part of a broader policy initiative that applied to the entire power and energy sector in the country. “The policy, i.e. Private Sector Power Generation Policy framed in 1996, designed to attract investment and meet Bangladesh’s critical energy needs, encompassed approximately 104 projects. These exemptions were not exclusive to Summit Group but were reflective of a sector-wide strategy to enhance Bangladesh’s energy capacity to ensure sustainable development,” SPIL said.2) The “Other Common Malpractice” section in the White Paper alleged that contract conditions were changed after it was awarded, and singled out the Summit Meghnaghat 335 dual fuel power plant for switching from heavy fuel oil (“HFO”) to high-speed diesel (“HSD”) without changing capacity payment or heat rate as an example.The Bangladesh Petroleum Corporation, the supplier of energy oil, was unable to provide the specified oil under the original agreement and instead reached an understanding with the Bangladesh Power Development Board to supply alternative oil, SPIL said.“In order to maintain operations and fulfil its commitments, Summit Meghnaghat was obliged to accept this change but remains prepared to accept oil in accordance with the original tender conditions,” SPIL said.Through SCL, the Summit Group operates 18 power plants with a combined generation capacity of 2,255MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people.3) The White Paper listed Summit Power Limited among 83 companies listed on the Dhaka Stock Exchange that had been “unfairly excluded” from certain regulatory activities, and said market rigging was endemic in the domestic equity market.“Summit Power Limited has always conducted its affairs with the highest levels of corporate governance. Its Board of Directors comprises eminent and well-respected corporate figures. At no time has the company ever engaged in market rigging,” SPIL said.4) Regarding Bangladesh’s second Floating Storage and Regasification Unit (“FSRU”), which Summit Group operates, the White Paper alleged public funds were misused because Summit supplied LNG at a premium while natural gas reserves were available with the Bangladesh Oil, Gas and Mineral Corporation (“Petrobangla”).SPIL said that Summit’s FSRU was not responsible for the supply of gas and, accordingly, has not imported or supplied any gas to date. The long-term supply contract signed between Summit Oil and Shipping Company Limited and Petrobangla was at the lowest price of all contracts awarded at the time, including for OQ Trading and Excelerate Energy (“Excelerate”). In any event, Summit has not yet imported any gas under the long-term supply contract.Further, Summit’s FSRU did not receive any special exemptions, and its daily tariff/charter rate is lower than that of the Moheshkhali Floating LNG owned by Excelerate, the only other FSRU in Bangladesh. The incentives referenced were part of an industry-wide framework that applies to both Excelerate and Summit’s FSRU projects.“As a responsible corporation with a track record of providing energy and power to Bangladesh, Summit Group has always respected and adhered to the laws of both Bangladesh, where SCL operates, as well as Singapore, where SPIL is domiciled,” SPIL said. “We are dedicated to contributing meaningfully to Bangladesh’s growth and prosperity. Our operations in Bangladesh have consistently adhered to all regulations, and we take pride in upholding the highest standards of integrity and governance,” SPIL said.“Being a dependable partner in nation building, we remain open to dialogue with all stakeholders,” it added. “We invite committee members preparing the White Paper to engage and seek clarification where needed. As a substantial foreign direct investor, the Summit Group has always conducted its affairs in a transparent manner while striving to support the long-term development of Bangladesh,” it added.About Summit Power International Limited (“SPIL”)SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country’s total installed capacity. Summit owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank’s private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan’s largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date.Learn more at: www.summitpowerinternational.com   Media ContactWeR1 Consultants Pte LtdWhatsApp (Text): (+65) 9748 0688Email: summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - In today's fast-paced business world, writing a comprehensive business plan can feel overwhelming for entrepreneurs. However, with the advancement of Artificial Intelligence (AI), this process is becoming more efficient and accessible. This guide shows how to use AI tools to create a business plan for your idea.Think of AI as your digital assistant, speeding up the first draft so you have more time to make it better. AI gives you a structure, but your own ideas and understanding of your business makes the plan unique.Embrace AI in Business Planning - Before you begin, you should know what goes into a business plan: a summary of your business, details about your company and offerings, and information about your market and competitors. You may also consider creating plans for your business sales, management, operations, and finances.Gather all your business details first. This makes it easier for AI to help you turn them into a plan.Feeding Information to AI - Start by providing a general overview of your business, including its name, target market, products or services, and financial projections. GoDaddy is sharing a prompt template below that can be used to provide information:"I'm developing a business plan for my company, [company name], a [industry] startup offering [product/service]. Please accept the information below about my company as a basis for developing a strong business plan."Creating Sections with AI Help - Breaking your business plan into sections and using specific prompts for each can streamline the process. AI can generate initial drafts for each part, which you can then review and edit. Here are some prompts to help guide you:1. Summary and Company Description:- "As a successful entrepreneur and seasoned strategist, draft an enticing executive summary and company description for [company name] in the [industry] sector."2. Products and Services:- "As an innovative product developer, provide a comprehensive description of [product/service] offered by my company."3. Market Analysis:- "As a market analyst, outline a detailed market analysis for [company name]."4. Competitive Analysis:- "Compile a concise competitive analysis for [company name], highlighting the strengths and weaknesses of key competitors."5. Marketing and Sales Plan:- "Create a thorough sales and marketing plan for [company name], including a detailed growth strategy."6. Value Proposition:- "Assume the perspective of a potential customer and identify the unique selling proposition of [company name]."7. Ownership and Management Plan:- "Outline the optimal structure, ownership, and management roles for [company name]."8. Operating Plan:"Craft an efficient operating plan for [company name], detailing infrastructure and risk management."9. Financial Plan:"Develop a comprehensive financial overview and funding request for [company name], including income statements and sales forecasts."10. Extra Information:This is where you can add any extra details like research or visuals.Finalizing Your Plan - Once you have drafts for each part, it's time to make it all fit together nicely. Your business plan should clearly show what your business is about and its path to success.Getting Feedback from AI - After refining your draft, ask AI to check for any missing parts, mistakes or inconsistencies. This is a good time for AI to help create a summary, mission statement, vision, values, and value proposition to ensure alignment with your business goals.Make a One-Page Plan - Lastly, create a simple one-page version of your business plan. It should include all the important points and be easy to understand. This step ensures clarity and focus, making it easier to communicate your business strategy to stakeholders. Remember, while AI helps a lot, it does not replace the ingenuity and oversight of human input to help ensure your unique business ideas are being reflected in your plan.AI can be a helpful tool for creating and growing your business’ digital presence. With GoDaddy Airo, an AI powered experience, you can embrace AI to streamline your business planning and operations, allowing you more time to focus on turning your entrepreneurial dreams into reality.Find out more how GoDaddy Airo can help your business idea get started online.About GoDaddy   GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo™, the company's AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy's expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.Issued on behalf of GoDaddy.For more information, contact:Fekra Communicationsinfo@fekracomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - How 2 Design announces its comprehensive design and renovation services, offering HDB homeowners integrated, end-to-end solutions under one roof.Renovating an HDB home often involves significant stress and frustration due to the challenges of coordinating with multiple vendors, leading to disjointed communication, inconsistent quality, and accountability gaps. How 2 Design, a leading renovation contractor with over 12 years of experience, addresses these common challenges by offering a comprehensive package that combines interior design with a full suite of renovation services. By managing every aspect of the process in-house–from carpentry to electrical work and beyond–How 2 Design ensures a seamless, stress-free experience for homeowners.Founded 12 years ago, How 2 Design was born from Timothy Poh's firsthand experiences in the renovation industry as a subcontractor. Having witnessed the hardships and limitations that subcontractors faced, he aspired to create a company that would serve homeowners directly, bringing a commitment to quality, transparency, and teamwork to every project.Timothy's extensive experience as a project manager and his wife Fibi's eye for design and aesthetic detail form the backbone of How 2 Design. Together, they've created a team culture that prioritizes collaboration, transparency, and delivering exceptional results for homeowners. This foundation has enabled How 2 Design to build nearly 100% in-house capability for all major renovation work, ensuring consistent quality and control over every project.Today, How 2 Design proudly offers nearly 100% in-house capability for all major renovation work, allowing them to maintain consistent quality and control over every project. This is made possible by their dedicated team, led by key figures who excel in their respective areas:Angie Ng, Indoor Sales ManagerPrasath, Outdoor Senior SalesKen Ang, Design Team LeadBikash, Project Team LeadHongji, Carpentry Team LeadAbdullah Fa, Tiling Team LeadIn-house expertise for end-to-end renovation solutionsUnlike traditional renovation models, which often involve the hassle of coordinating separate contractors and designers, How 2 Design manages every aspect of the renovation process under one roof. By offering integrated interior design and construction services, How 2 Design ensures a seamless blend of style and functionality throughout the project. Timothy's extensive experience as a project manager and his time as a subcontractor shaped his ability to develop robust SOPs that guide How 2 Design's team. These SOPs ensure every project is executed with precision, accountability, and consistency. For homeowners, this means a smooth renovation journey with clear communication, minimized stress, and results that align perfectly with their vision.The How 2 Design approach integrates both design and construction under one roof, setting them apart from firms that rely on third-party designers or subcontractors. Their direct involvement in all phases of the renovation ensures cost efficiency, seamless integration of design and function, and a single point of accountability throughout the project.Delivering the same dedication to every projectWhether it's a larger commercial property or a small HDB flat, How 2 Design brings the same level of dedication and attention to detail. Their success in managing a high-stakes commercial renovation demonstrates their ability to handle projects of any scale with professionalism and precision, making them a trusted partner for homeowners and businesses alike.Solving HDB renovation challenges the How 2 Design wayHow 2 Design has built a reputation for stepping in when homeowners need them most. One notable example involved clients who were left in distress after being cheated by other contractors. Facing incomplete projects and mounting stress, these homeowners turned to How 2 Design for help.Leveraging their nearly 100% in-house capabilities, the How 2 Design team quickly assessed the situation, made critical on-the-spot decisions, and expedited the renovation process. Their efficient coordination and hands-on approach allowed the homeowners to remain living in their flats while the renovation continued. With the ability to make quick decisions and execute work swiftly, How 2 Design not only completed the projects within the new timeline but also restored the homeowners' trust and peace of mind.While How 2 Design excels at rescuing distressed projects, they also bring the same level of dedication and attention to detail to everyday renovation needs. For instance, a homeowner seeking a custom-built wardrobe turned to How 2 Design for their expertise in carpentry. The project required on-site fabrication, a task the team handled with precision and care. To protect the homeowner's furniture, they provided extra-large plastic covers and ensured minimal disruption during installation.When a minor issue arose with the drawers hitting the door, the team quickly improvised and adjusted the design on-site to resolve the problem. They worked efficiently while maintaining high standards of cleanliness, leaving the space spotless after completing the installation. The project resulted in a beautifully crafted wardrobe that exceeded expectations, demonstrating the company's dedication to quality and personalized service.The How 2 Design promise: Quality, control, and accountabilityAt How 2 Design, quality control and accountability are not just promises–they're foundational values set by Timothy and Fibi to guide every project. This commitment means homeowners are kept informed at every stage, with clear communication and a team that treats each project with the same care as they would their own home.Bringing dream home to life, hassle-freeHow 2 Design offers HDB homeowners a better renovation experience by eliminating the common challenges of working with separate vendors. Their in-house, all-in-one approach ensures clear communication, streamlined processes, and consistent quality throughout every stage of the project. With their proven expertise and commitment to excellence, they bring every homeowner's vision to life with ease and confidence.With over 1,000 projects completed to date, How 2 Design brings proven expertise to every renovation. Ready to transform your HDB space? Contact them today for a seamless, stress-free renovation with expert design and construction under one roof. For more info, please call Phone: +65 67440015Media ContactBrand: How 2 DesignContact: Media TeamWebsite: https://www.how2design4u.com/ Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - Trio AI Limited (“Trio AI”), an artificial intelligence (AI) infrastructure service provider in Asia with a computing power of more than 1,000 GPUs, is enhancing the regional technology applications and ecosystem. Trio AI recently announced the signing of a Memorandum of Understanding (MOU) with HKT Limited (“HKT”) to explore opportunities in the Artificial Intelligence Super Computing (AISC) solution through their combined business networks and expertise. In addition, Trio AI is collaborating with METAX to leverage AI computing resources supported by METAX chips, introducing more diverse cloud services. This collaboration aims to help enterprises unleash their full potential during digital transformation, marking a significant step in advancing Hong Kong as an International Innovation and Technology (I&T) hub, providing computing power solution for large model training.In the rapidly evolving AI landscape, GPUs, which are key components of parallel computing, are experiencing significant market growth. According to Verified Market Research1, the global GPU market size was valued at US$33.47 billion in 2021 and is projected to reach US$477.37 billion by 2030, growing at a compound annual growth rate of 33.3% from 2022 to 2030, demonstrating strong market expansion.On 11 December 2024, Dr. David Chung, Chief Executive Officer, Trio AI, and Mr. Dennis Chung, Senior Vice President, Product Marketing & Solutions Consulting, Commercial Group, HKT, signed the MOU, in the witness of Mr. Chow Kok Kit, Executive Director, Valuetronics Holdings Ltd., and Mr. Steve Ng, Managing Director, Commercial Group, HKT. This agreement establishes a collaborative framework to explore the opportunities to resell, market and promote the AISC solution in Hong Kong, the Greater Bay Area, and Southeast Asia.Dr. David Chung, Chief Executive Officer, Trio AI, said, "Artificial intelligence is poised to revolutionize all industries, driving unprecedented innovation, efficiency, and growth. From logistics to creative, healthcare to finance, manufacturing to retail, AI is empowering businesses to solve complex problems, optimize operations, and unlock new opportunities. On 23 August, we launched the first 1,000-GPU cluster in Hong Kong, and we plan to continue increasing our investment, with the capability to expand to over 10,000 GPUs in the future. We would like to express our gratitudeto HKT for their support in establishing this strategic partnership, and we look forward to more milestones in AI together with our partners, driving technological innovation in Hong Kong.”Mr. Steve Ng, Managing Director, Commercial Group, HKT, said, "As a trusted enterprise technology solutions enabler, HKT is committed to harnessing the potential of enterprise AI and accelerating its adoption among businesses in the Greater Bay Area. Our strategic partnership with Trio AI expands access to HPC services for a broader range of enterprises and institutions, addressing the increasing need for supercomputing capabilities driven by AI, while fostering innovation and improving operational efficiency across various sectors. Powered by HKT’s AI Superhighway, we provide ultra-high-speed2 and ultra-low-latency3 connectivity, linking Trio AI’s 1024-GPU cluster with enterprise and institutional data centers across the city."Exploring AISC opportunities in Hong Kong, the Greater Bay Area, and Southeast AsiaOver the next two years, Trio AI and HKT will work closely together to identify, develop, and implement go-to-market strategies for the AISC solution. This collaboration will also focus on multi- brand GPU management and AI professional services, utilizing Trio AI's AIDC platform management software alongside its AI professional services team to deliver high-quality AI solutions and operational experiences to customers. Furthermore, both parties will explore ways to leverage Trio AI’s AI computing power and servers, providing high-quality AI computing resources for Hong Kong customers. Through this collaboration with HKT, a market-leading digital transformation partner offering end-to-end enterprise solutions, connectivity, and smart living offerings, Trio AI will gain greater brand recognition and expand the accessibility of its AISC solution to a broader range of enterprises, thereby strengthening its foothold in the industry.Enhancing computational power to support wider range of applicationsCompared to regular AI, AISC utilizes high-performance computing (HPC) systems with multiple powerful processors working in parallel. This dramatically enhances computational power, enablingadvanced simulations and predictive analytics across various fields, such as research and industries requiring intensive computational resources. While regular AI focuses on performing intelligent tasks on a smaller scale, AISC leverages supercomputing to enhance AI capabilities, allowing for the processing of larger datasets and solving more complex problems efficiently.Dr. David Chung, Chief Executive Officer, Trio AI (first from the right),and Mr. Dennis Chung, Senior Vice President, Product Marketing & Solutions Consulting, Commercial Group, HKT (first from the left), signed the MOUin the witness of Mr. Chow Kok Kit, Executive Director, ValuetronicsHoldingsLtd.(second from the right), and Mr. Steve Ng, ManagingDirector, CommercialGroup, HKT (second from the left).Collaborating with METAX to build Hong Kong 1st domestic high-performance 1,000-GPU cluster, supporting businesses in global expansionIn addition, Trio AI is deepening its collaboration with METAX by leveraging AI computing resources supported by METAX chips, significantly enhancing AI infrastructure services. This aligns with the Hong Kong government's strategic direction for AI and serves local enterprises while also helping domestic companies leverage Hong Kong as a gateway to expand into countries of the Belt and Road Initiative (BRI). The three key elements of AI are computing power, algorithms, and data. Trio AI is building and managing proprietary GPU computing power clusters, providing access to a diverse range of scalable GPU cluster, with the capacity expanding up to 10,000 GPUs, through customized deployment and on demand services. Trio AI will offer AI platform services, including essential value-added services such as model-as-a-service and data pools for development, to comprehensively support the integration of AI applications for businesses of all sizes.From left to right: Mr. Pak Ting, Chief Executive Officer and Co-Founder,Votee AI, Ms. Du Feilu, Chief Operation Officer,Trio AI, Mr. Dennis Chung,Senior Vice President, Product Marketing & Solutions Consulting, CommercialGroup, HKT, Mr. Steve Ng, Managing Director, Commercial Group, HKT, Mr.Chow Kok Kit, Executive Director, Valuetronics Holdings Ltd., Dr. David Chung, Chief Executive Officer, Trio AI, Mr. Wallace Leung, Project Director,METAX, Mr. Billy Chen, Vice President, Wintoo, Ms. Beatrice Tai, ChiefOperation Officer, Yedpay and esteemed guests attended the MOU signing ceremony.Dr. David Chung, Chief Executive Officer, Trio AI, said, " In November, we established the AI Application R&D Center at Hong Kong Cyberport to promote the in-depth integration of industry, academia, and research. By combining AI with the digital world, it creates an advanced accelerated computing platform. In this rapidly changing era, Hong Kong's strategic position enables us to efficiently support various clients and projects, achieving effective and unified deployment of multiple large model algorithms across diverse chips, providing ample computing resources for more AI enterprises.We are not only collaborating on new technology with METAX but also leading transformation and reshaping the future of the industry. We aim to provide professional, independent, and innovative services to enterprises in mainland China, the Greater Bay Area, Hong Kong, and across Asia, helping clients grow and facilitating intelligent transformation. This collaboration will greatly facilitate access to AI computing resources for enterprises, making cutting-edge technology services more accessible. We hope this collaboration sets a benchmark in the industry, inspiring more companies to accelerate their digital and intelligent transformations and create endless possibilities together."Mr. Wallace Leung, Project Director, METAX, stated, “Trio AI selected METAX, a leading Chinese high-performance GPU brand, to build Hong Kong's first Chinese high-performance 1024-GPU cluster; which uses 400G IB network + all-flash storage + high-erformance GPU Server, optimizing for various large models and efficient tuning with GPGPU architecture. METAX warmly congratulates Trio AI and HKT on the MOU signing, which signifies a joint effort in promoting the many application scenarios of GPU clusters in Hong Kong. METAX GPU will continue to provide committed and strong computing support for the Hong Kong AI industry!”Accelerating digital transformation with AI: expert insights on AI opportunities for Hong Kong customersFollowing the signing ceremony, a panel discussion was held on “Unlocking the Value of AI Computing Power and Solutions to Empower Hong Kong Customers.” Representatives from Trio AI’s trusted partners including Votee AI, Wintoo and Yedpay shared valuable insights on the future of digital transformation for Hong Kong customers, emphasizing the importance of adopting AI technologies to strategize and streamline operations and enhance customer engagement.Mr. Pak Ting, Chief Executive Officer and Co-Founder, Votee AI, said, “At Votee AI, we are excited and honored to participate in this signing event. We see collaborations as key to empowering Hong Kong's innovative hub and with Votee AI being one of the leading generative AI platforms, we are very pleased to witness this important moment.”Mr. Billy Chen, Vice President, Wintoo, said, “As a national high-tech enterprise specializing in AI, Wintoo is delighted to join this event as a partner of Trio AI. Our cloud-based platform  is dedicated to leveraging AI to assess urban road conditions, and we hope to deepen our collaboration, expanding applications from Hong Kong to more regions, providing smarter solutions for clients, and improving roads to make cities better.”Ms. Beatrice Tai, Chief Operation Officer, Yedpay, said, “We are excited to leverage Trio AI to reshape the payment landscape for businesses and consumers alike. Our approach to AI in payment processing goes beyond automation by focusing on security and user experience through the 3i framework—Identity, Individualization, and Insight. With AI, we are set to revolutionize payments by enhancing authentication to prevent fraud, personalizing user experiences, and providing valuable insights to drive smarter decisions.”At the panel discussion, Mr. Pak Ting, Chief Executive Officer and Co-Founder, Votee AI (left), Mr. Billy Chen, Vice President,Wintoo (center), and Ms. Beatrice Tai, Chief Operation Officer, Yedpay (right) shared valuable insights on the future of digital transformation for Hong Kong customers.Remark:1.Source: Verified Market Research reporthttps://www.verifiedmarketresearch.com/product/graphic-processing-unit-gpu-market/2.Ultra-high-speed refers to a data transmission rate of 800 Gbps per second3.Ultra-low-latency refers to an end-to-end data transmission delay of less than 1 millisecondAbout Trio AI LimitedTrio AI Limited (“Trio AI”) ”), an artificial intelligence (AI) infrastructure service provider in Asia with a computing power of more than 1000 GPUs, is enhancing the regional technology applications and ecosystem. With the vision of advancing Hong Kong’s development as an International Innovation and Technology hub, we offer reliable, stable and cost-effective AI infrastructure services. We provide proprietary access to a diverse range of heterogenous GPU computing power, and a software platform integrating essential developer tools and more to support AI model training and inference, offering all-weather resilient AI infrastructure services for your AI needs.We cater to demand from government, various industry verticals, universities, and AI-native startups. We offer customized deployment, on demand and GPU for startups, ensuring cost-effective solutions adaptable to different usage patterns. Headquartered in Hong Kong, serving for Asia. Our strategic position allows us to efficiently support a wide range of clients and projects.For media enquiries, please contact:AJA (IR and Communications) Avy Yu  Email: avy.yu@ajacapital.com.hk   Tel: (852) 9500 4443Eudice Law Email: eudice.law@ajacapital.com.hk     Tel: (852) 9326 1113 Copyright 2024 ACN Newswire via SeaPRwire.com.

DUBAI, December 20, 2024 - (ACN Newswire via SeaPRwire.com) - Organised by Web3 and AI consulting giant VAP Group, the Global Blockchain Show, held on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre in Dubai, concluded as a landmark event for blockchain enthusiasts and industry leaders worldwide. The Ultimate Blockchain Season Finale brought together the brightest minds in blockchain technology to explore its transformative power and potential.Powered by a leading media network Times of Blockchain, the Global Blockchain Show was co-located with the Global Games Show and the Global AI Show that saw a footfall of over 3,000 attendees. From keynote sessions, panel discussions, fireside chats, and startup pitch competitions to the War of the Robots, engaging side events, an official awards ceremony, and a lively after-party to conclude it all, the two-day show was jam-packed with thrilling activities and unforgettable moments.Prominent themes and topics discussed during the show included building the open metaverse: winning Web3 with gamification, presented by Yat Siu, Co-Founder & Chairman, Animoca Brands; David Palmer, Chief Product Officer, Co-Founder, Vodafone’s Digital Asset Broker (DAB) Platform, Vodafone; Johnson Yeh, Founder & CEO, ROEHL/Ambrus Studio; Jonathan Bouzanquet, Chief Strategy Officer & Founder, PLAYA3ULL GAMES; and the moderator - Mia Soarez, A-List Host/Founder, Walkin. Ahmed Bin Sulayem, Executive Chairman & CEO, Dubai Multi Commodities Centre led  a visionary talk on blockchain beyond borders that explored how blockchain is reshaping global trade and innovation. A fireside chat by Murad Mahmudov, Private Investor and Mia Soarez, Founder, Walkin, dove deep into the memecoin supercycle and its prospects for 2025. Jason Allegrante, Chief Legal & Compliance Officer, Fireblocks, presented a keynote on how U.S. policies could influence global crypto innovation, and other C-level executives and key leaders in the Web3 industry such as John Patrick Mullin, Founder and CEO, MANTRA; Patrick O'Kain, General Partner, Borderless Capital; Jeroen Gillekens, Principal, Roland Berger talked about strategic trends, the potential of Web3, navigating bull and bear markets, Web3 security and much more. While the duct-taped banana wall and the crypto confessions wall provided attendees with thought-provoking and quirky highlights, a robot serving water to guests and another sketching personalized portraits on the show floor added a futuristic and interactive touch to the vibrant atmosphere.A prestigious awards ceremony honored visionaries and trailblazers in Web3. Winners of the Global Blockchain Awards included Quorium, Cardano, Uniswap, Ripple, Aave, Neo, Ledger, and more, for categories such as the Next-Gen Tokenization Award, the Crypto Sustainability Award, the Best DAO Award, the Blockchain Innovator Award, the DeFi Trailblazer Award, the Best Use of Smart Contracts Award, the Excellence in Blockchain Security Award, respectively. The Global Blockchain Show, sponsored by PLAYA3ULL GAMES, Global Market of Artification, C1, Alibaba Cloud, Dubai Blockchain Centre, among others, concluded with the ultimate VIP afterparty at the Soho Garden Meydan in Dubai.  As the event drew to a close, participants departed with fresh perspectives, invaluable connections, and a shared commitment to shaping the future of blockchain. Plans for the 2025 edition are already underway, promising an even more impactful gathering for the Web3 community.For more information, visit www.globalblockchainshow.com.About VAP GroupVAP Group, established in 2013, is a Blockchain and AI consulting giant as well as a leading force in Web3 and AI solutions, offering services in PR, advertising, recruitment, content development events and media management. Flagship events organized by VAP Group include the world-renowned Global Blockchain Show, Global Games Show and Global AI Show. VAP Group drives innovation through strategic PR and influencer marketing, bounty campaigns, and global events that showcase the brightest minds in the transformative fields of Web3, AI and Gaming.For media enquiries, exclusive interviews, or press passes, please reach out to: media@globalblockchainshow.com Copyright 2024 ACN Newswire via SeaPRwire.com.

DUBAI, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - The second edition of the Global AI Show, organized by Web3 and AI consulting giant VAP Group and powered by a leading media network Times of AI, wrapped up on a high note at the Grand Hyatt Exhibition Centre, Dubai on December 12 and 13, 2024.Held under the official support of the United Arab Emirates Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Office and with the Cyber Security Council as its strategic partner, the event was a resounding success, bringing together over 3,000 in-person attendees and about 110,000 online participants from across the globe.With the theme, ‘AI 2057: Accelerating Intelligent Futures,’ the show witnessed thought-provoking discussions and groundbreaking announcements from C-suite executives, government leaders, and industry pioneers. These luminaries shared their insights on how AI is shaping industries and revolutionizing economies worldwide.A keynote session by Ahmed Bin Sulayem, Executive Chairman & CEO, Dubai Multi Commodities Centre highlighted how AI and virtual economies are shaping commerce in the Metaverse, while Pujya Brahmavihari Swami, Spiritual leader, BAPS led the headliner on sacred intelligence and aligning AI with universal values for the greater good. The headliner panel discussion on ‘Your new Chief AI Officer’ was a special feature at the Global AI Show, consisting of prominent industry experts such as H. E. Mubaraka Ibrahim, CEO-AI, Emirates Health Services; Lt. Col. Dr. Essa Al Mutawa, Chief AI Officer, Dubai Civil Defence H.Q.; Dr. Marwan Alzarouni, CEO - AI, Dubai Economy and Tourism; Abdullah Al Jaziri, Chief AI Officer, DEWA; and Awadh Almur, Chief AI Officer, Federal Authority of Nuclear Regulation, along with the moderator Loubo Siois, Executive Producer & Host, The Dubai Talk Show.Other government officials and C-level executives that were present at the event and provided in-depth insights included H.E Dr Mohamed Al Kuwaiti, Head of Cyber Security, United Arab Emirates Government, UAE; Honorable Nate Glubish, Minister of Technology and Innovation, Government of Alberta, Canada; Ilaria Buonpane, Director of Customer Experience, Talabat; Dr. Hakim Hacid, Executive Director & Chief Researcher, TII - Technology Innovation Institute; Kevin Ferguson, Senior Systems Technical Advisor, Center of Excellence & Development (CoE), UAE Armed Forces; Dr. Noah Rafford, Futurist-in-Chief, Dubai Future Foundation; and many more."The Global AI Show 2024 brought together an unparalleled gathering of minds to address the opportunities and challenges of an AI-powered future. It was a privilege to witness ideas that will shape the next decades unfold on our stage,” said Vishal Parmar, Founder and CEO of VAP Group, reflecting on the event’s impact.Over 20 side events were a part of Dubai AI Week, such as EmpowHER: Women in AI and AI Capital Connect, that brought together distinguished experts and leading professionals from the AI industry, fostering meaningful discussions and knowledge exchange.PulseAI, by the Global AI Show, focused on the transformative power of AI in healthcare, where C-suite stakeholders in healthcare, including Saqr Alhemeiri, Chief Innovation Officer, Ministry of Health and Prevention - UAE, and Veneeth Purushothaman, Group Chief Information Officer​, Aster DM Healthcare, discussed powerful use cases from around the globe on the safe, effective and democratic adoption of AI. While SurgeXL enabled startups to connect with the top 1% of VCs, angel investors, and sovereign wealth funds through exhilarating pitch competitions and AI-driven matchmaking, an official awards ceremony took place on December 13 to honor the visionaries and trailblazers in AI. The Global AI Show, sponsored by Airia, Salesforce, Wand, Saal, Seez, Multiverse Computing, Exotel, among others, concluded with an afterparty at the Soho Garden Meydan in Dubai. For those who couldn’t attend, highlights are available at www.globalaishow.com. Stay tuned for announcements on the next edition!About VAP GroupVAP Group, established in 2013, is a Blockchain and AI consulting giant as well as a leading force in Web3 and AI solutions, offering services in PR, advertising, recruitment, content development events and media management. Flagship events organized by VAP Group include the world-renowned Global Blockchain Show, Global Games Show and Global AI Show. VAP Group drives innovation through strategic PR and influencer marketing, bounty campaigns, and global events that showcase the brightest minds in the transformative fields of Web3, AI and Gaming.For media enquiries, exclusive interviews, or press passes, please reach out to: media@globalaishow.com. Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Dec 19, 2024 - (ACN Newswire via SeaPRwire.com) - n-hop technologies Limited, a leader in telecommunications and computer networking innovations, and OneAsia Network Limited (OneAsia), the AI factory enabler with data centres across APAC, have signed a Memorandum of Understanding (MOU) to collaborate on pioneering large data transfer solutions and AI Data Centre networking technologies.This partnership establishes a strategic framework to integrate n-hop's advanced BATS protocol technology into OneAsia's operations. The collaboration aims to enhance data transmission reliability and optimize network performance across a wide range of applications. By leveraging the BATS technology, the two companies intend to develop robust solutions that boost data flow efficiency and responsiveness.Invented by Professor Raymond Yeung of The Chinese University of Hong Kong and his collaborators, the BATS protocol is a groundbreaking & communication technology that has earned international recognition from IEEE and Exhibitions of Inventions (Geneva). It can greatly increase throughput and decrease latency of a communication network. Moreover, it can ensure smooth data transfer even under a high traffic environment.Key Initiatives under the MOU:1/Proof of Concept (POC) for Large Data Transfer: A trial to prove the BATS protocol's efficiency in transferring large data files between Hong Kong and other cities in Asia. This initiative will focus on improving reliability, performance, security, and bandwidth utilization. It will cover data-centre to data-centre, hybrid cloud set-up, edge datacentres to data-centre and many more.2/SD-WAN Deployment Trials: The integration of the BATS technology into OneAsia's SD-WAN offerings will be explored to strengthen its market competitiveness and business value proposition.3/High-Speed Networking for AI Data Centres: n-hop will develop a BATS protocol chipset tailored for AI data centre networking. OneAsia will provide technical input to ensure that the solution can meet the ultra-high-speed requirements.Both companies will also assess commercial models for integrating and licensing the BATS technology within OneAsia’s business framework.Stephen Ho, Co-Founder and CEO of n-hop technologies Limited, stated, “This partnership is a pivotal step toward enhancing data transfer capabilities, especially as AI-generated data volumes continue to grow. By combining our innovative BATS protocol with OneAsia’s extensive infrastructure, we aim to redefine data delivery standards and network efficiency.”Charles Lee, Founder and CEO of OneAsia, added, “We are thrilled to join forces with n-hop technologies to enhance our AI connectivity offerings. OneAsia has demonstrated proven expertise in end-to-end AI infrastructure deployment, and we are confident that integrating the BATS technology into our portfolio will accelerate large data transfers and bolster the AI ecosystem within and beyond Hong Kong.”For media inquiries or more information, please contact: Ms. Venie Lo, n-hop representative, venie.lo@n-hop.comMs. Sharon Chiang, Head of Marketing, sharonchiang@legangroup.comAbout n-hop technologies Limited n-hop technologies is dedicated to designing, implementing, and selling cutting-edge software solutions for the telecommunications and computer networking industry.About OneAsia Network Limited Established in 2009, nowadays OneAsia is a leading AI factory enabler offering a full range of infrastructure & management, neutral network & storage, GPU cloud, AI applications and AIDC colocation. The Company operates top-tier rated AI-ready data centres across Asia, including Greater China, Thailand, Japan and South Korea. The company has been involved in projects like designing and building supercomputing centres, liquid cooling systems, AIOps & MLOps for AI deployment & training. For more information, please visit www.oneas1a.com Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Dec 19, 2024 - (ACN Newswire via SeaPRwire.com) - AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the nine months ended 30 November 2024 (the “first nine months of FY2024/25” or the “Reporting Period”).During the Reporting Period, the Group’s revenue increased by 9.4% to HK$1,304.6 million compared with the same period last year (the “first nine months of FY2023/24” or the “Previous Period”) and operating profit rose by 11.3% to HK$648.4 million. The Group’s interest income increased by 10.0% to HK$1,105.5 million for the Reporting Period. Meanwhile, profit after tax for the Reporting Period amounted to HK$275.3 million (Previous Period: HK$282.3 million), with earnings per share of 65.74 HK cents (Previous Period: 67.40 HK cents).Given the slower than anticipated market recovery, the Group adopted a more prudent approach during the Reporting Period, prioritising stable growth in both sales and receivables. This strategy focused on building a high-quality portfolio designed to deliver income, growth and resilience. The Group’s marketing strategy for the third quarter focused on targeted and popular promotions to attract customers and drive sales growth both domestically and internationally. Proactive marketing initiatives contributed to a 9.2% increase in the Group’s overall sales for the first nine months of FY2024/25 compared with the same period last year, with gross advances and receivables also increasing by 5.7% from the end of February 2024.In parallel with the efforts to drive stable business growth, a new credit card design embodying the Group’s commitment to innovation and sustainability was launched in September 2024 to offer customers a more convenient and premium payment experience. The redesigned card incorporates features that address the growing adoption of contactless payments and uses recycled plastics, underscoring the Company’s dedication to integrating sustainability practices throughout its operations.In terms of technology development, following the upgrade of its credit application processing platform, virtual credit card functionality was launched within the “AEON HK” mobile application (the “Mobile App”). This feature enables customers to make purchases immediately upon card approval and activation, eliminating waiting time and the need to visit a branch.Looking ahead, the Group will prioritise sales and receivables growth through overseas and online spending, while refining credit assessment and control methods to maintain a sustainable asset quality portfolio and expedite decision-making processes. Marketing efforts will leverage mass promotions and targeted broadcast channels to increase market penetration and expand market share, particularly among the younger demographic. These efforts will include gamification and incentive programmes to stimulate consumer spending. The launch of new and advanced mobile payment products and a self-service branch concept will further enhance the customer experience and maintain a competitive edge.Mr Wei Aiguo, Managing Director of AEON Credit, said, “Despite the moderation in Hong Kong’s economic recovery momentum, we are pleased to have delivered a continued growth in sales and receivables in the first nine months of FY2024. We remain committed to providing exceptional credit card services that meet evolving customer needs and plan to expand our customer base by offering innovative and customised products. With our adaptability, strong liquidity, robust balance sheet, and proven management expertise, the Group is well-equipped to capitalise on the significant opportunities presented by the growing consumer finance market. These efforts will enable us to achieve sustainable growth and deliver greater value to our shareholders.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.