KEMRI and NEC Announce Trials on Biometric-based Vaccination Management System for Newborn Children in Kenya JCN Newswire

KEMRI and NEC Announce Trials on Biometric-based Vaccination Management System for Newborn Children in Kenya

February 7, 2023
TOKYO, Feb 7, 2023 - (JCN Newswire via SEAPRWire.com) - Kenya Medical Research Institute (KEMRI), NEC Corporation (NEC) and Nagasaki University, Japan, have developed a digital biometric-based vaccination management system for newborn children in Kenya. Validation of this system is taking place through KEMRI with a clinical trial that began in September 2022 at the Kinango Sub-County Hospital in Kwale and initial results are very encouraging. Hospital staff member scanning a newborn's fingerprintScreenshot from the vaccination management system (fingerprint data registration page)Screenshot from the vaccination management system (vaccination data registration page)The digital system being provided by NEC, a leader in the integration of IT and network technologies, and KEMRI, one of Africa's leading research Institutions, will effectively and seamlessly manage vaccination history and scheduling using fingerprint identification for newborn children and voice recognition for caregivers.This technology marks the first time that biometric identification is being used at a hospital to identify newborn children at the time of vaccination, including those immediately after delivery(1). As of November 2022, data from more than 300 caregivers and newborns had been registered, including the vaccination histories of more than 150 newborns. The new technology combines fingerprint identification for children and voice recognition for caregivers to confirm not only their identity, but also to reliably manage vaccination histories and schedules, thereby promoting the implementation of appropriate vaccinations for newborns and children during the first 24 months of life. Going forward, demonstration tests that network among multiple hospitals will begin, aiming for full-scale introduction throughout Kenya by the end of 2023, and more international deployment in the future. "We are excited that KEMRI together with its partners, is spearheading this landmark study that identifies newborns using a biometric and a vaccination management system that is not only in real time, but is also expected to support policy and action towards the attainment of better health outcomes and Universal Health Coverage. I am happy to announce that this tool will be validated by KEMRI researchers in partnership with Kinango Sub-County Hospital in Kwale, NEC Corporation and Nagasaki University," said Prof. Sam Kariuki, Acting Director General, Kenya Medical Research Institute (KEMRI)"I expect that this vaccination management system, including newborn fingerprint biometric technology, will expand the coverage of vaccinations for children under 24 months old through accurate identification methods for mothers and children in Kenya. I also express great expectations for this research to act as a guideline for precise vaccination management featuring newborn and caregiver identification to become an important contributor to Universal Health Coverage," said Prof. Miriam Khamadi Were, Laureate, 1st Hideyo Noguchi Africa PrizeThe system utilizes voice recognition to identify caregivers, as well as fingerprint patterns to ensure that newborns are appropriately matched with the identified caregivers. Since voice recognition can be performed almost instantaneously, this system can minimize the burden placed on caregivers. Medical institutions can also introduce voice recognition with little to no change to existing procedures. Rather than using conventional fingerprint authentication methods to identify newborns, researchers developed a new method with which fingerprint pattern information is extracted from fingerprint images and a newborn child can be identified by combining fingerprint pattern data from multiple fingers.Importance of and challenges associated with vaccinationsMany children around the world continue to lose their lives at a very young age. In 2020 alone, approximately 5 million children died before reaching their fifth birthday, even without taking into account the impact of COVID-19. Furthermore, about half of these children under the age of five, or 2.4 million children, passed away within 28 days of birth, with many of these deaths considered preventable(2).Meanwhile, in some regions in the world, the use of digital technology has not advanced due to delays in the development of electricity and telecommunications infrastructure. In these regions, basic information such as who was born, when, where, and what type of medical services they have received may only be recorded by hand. In such cases, health care providers cannot easily ascertain which medical services are needed for the caregivers and children who visit their hospitals, which is one of the factors hindering efforts to ensure that children receive the vaccinations they need. Procedures for using this system in hospitals.The trial at this hospital is being conducted in accordance with the following procedures.1. Register the caregiver's voice and the newborn's fingerprint patterns on the day of birth (four fingers in total: left thumb, right thumb, left index finger, right index finger).2. Hospital staff encourage caregivers to return to the hospital according to the prescribed vaccination schedule.3. Caregivers are identified using voice recognition when they state their names at the time of their hospital visits, and their children are identified based on database information.4. Scan fingerprints from four fingers using a special scanner. Verify the child's identity by matching the data from the previous step with the pattern extracted from the scanned fingerprints.5. Administer the prescribed vaccination(s) and register the vaccination history in the system.Overview of the trial- Implementation period: September 2022 to March 2023- Hospital: Kinango Sub-County Hospital in Kwale- Participants: Approximately 1,000 caregivers and newborns who elect to participate in this trial (data has been registered for approximately 300 individuals as of the end of November 2022)- Description of trial: Using the vaccination management system, the hospital records information on the physical characteristics of newborns at the time of birth as well as the history of and schedule for administration of eight different vaccines and one vitamin supplement up to 24 months after birth to verify the effectiveness of and issues related to the system. The voice and fingerprint pattern data acquired will be used only for the current purpose of this trial and will be deleted after its completion.Identification using fingerprint patternsThis system uses NEC technology to classify fingerprint images collected from multiple fingers of a newborn (a total of four fingers: left thumb, right thumb, left index finger, right index finger) into five categories according to the shape of each whorl(3) and then registers the fingerprint pattern data. The system also combines pattern-based classification with NEC's voice recognition to improve accuracy when verifying the identity of caregivers and newborns. These efforts to increase vaccination coverage support Sustainable Development Goals (SDG) 3.2, "By 2030, end preventable deaths of newborns and children under 5 years of age, with all countries aiming to reduce neonatal mortality to at least as low as 12 per 1,000 live births and under-5 mortality to at least as low as 25 per 1,000 live births." The efforts also contribute to the realization of SDG 16.9, "By 2030, provide legal identity for all, including birth registration," by providing all newborns with a record of parent-child relationships and birth location information, as well as a means of identification.(1) NEC research as of February 7, 2023(2) Source: Levels and trends in child mortality, Report 2021, UN-IGMEnew windowhttps://data.unicef.org/resources/levels-and-trends-in-child-mortality/(3) The number of categories is under verification and may be changed in the future About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Government Blockchain Announces Dino Cataldo Dell’Accio to Lead The GBA Identity Management Working Group ACN Newswire

Government Blockchain Announces Dino Cataldo Dell’Accio to Lead The GBA Identity Management Working Group

January 18, 2023
Washington, D.C., Jan 18, 2023 - (ACN Newswire via SEAPRWire.com) - The Government Blockchain Association (GBA) is excited to announce that Mr. Dino Cataldo Dell'Accio (https://gbaglobal.org/members/dcdell/) will be leading the GBA Identity Management Working Group (bit.ly/3ZKXC3m). He currently serves as the Chief Information Officer of the United Nations Joint Staff Pension Fund (UNJSPF) and leads the UN Digital Transformation Group. He brings a wealth of experience and expertise to the role. In 2021, he was presented with the UN Secretary-General Award for his work in applying blockchain technology to the Digital Certificates of Entitlement process of UNJSPF retirees and beneficiaries. "Digital Identity will play a critical role as a fundamental human right," said Mr. Dino Cataldo Dell'Accio, echoing the sentiment prevalent at the recent annual Internet Global Forums.The GBA Identity Management Working Group is one of 50 working groups (https://gbaglobal.org/workinggroups/) sponsored by the GBA, whose mission is to develop education content and standards to support the use of blockchain technology for identity management purposes. The GBA working groups serve as forums for civil servants to share their requirements, while private sector members can share their solutions and ideas. This collaboration helps civil servants meet their mission. The goal of the working groups is to help the public and private sector connect, communicate, and collaborate using blockchain technology to solve public sector problems.The GBA is a not-for-profit, professional membership organization with members in over 500 government offices (https://gbaglobal.org/about/about-gov-members/) at the local, state, national and international levels. Public and private sector individuals and organizations are invited to join. The GBA hosts online meetings every week and major conferences in places like the United States Capitol and the National Press Club in Washington, DC. Other benefits include online training, standards development, and access to high-level conversations with ambassadors, legislators, administrators, and industry leaders.Mr. Dino Cataldo Dell'Accio (https://gbaglobal.org/members/dcdell/) will also be a featured speaker at the Future of Money, Governance, and the Law (https://gbaglobal.org/fomgl/) conference at the National Press Club in Washington, DC on May 23-24, 2023.For more information about the GBA, please visit https://gbaglobal.org.Contact:Gerard DacheExecutive DirectorGovernment Blockchain Associationgerard.dache@GBAglobal.org Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Chris Cassidy Joins Mojix as President and Chief Commercial Officer ACN Newswire

Chris Cassidy Joins Mojix as President and Chief Commercial Officer

January 11, 2023
Boca Raton, FL, Jan 11, 2023 - (ACN Newswire via SEAPRWire.com) - Mojix, a leading inventory management and supply chain traceability enterprise SaaS platform, is pleased to announce that Chris Cassidy has joined the company as President and Chief Commercial Officer. This announcement comes as the direct result of the tremendous success Mojix has attained over the past several years, as the company has recorded significant growth and improvements in revenue, customer expansion, and product innovation. Supporting these achievements, the company has developed strategic partnerships for serialization and RFID Barcoding used by leading food & beverage, luxury brand, manufacturing, industrial, aerospace & defense, and retail clients across the globe.Chris CassidyDan Doles, Mojix CEO, said, "Chris joins Mojix with more than 20 years of executive leadership in various supply chain management roles and brings deep domain expertise and a stellar track record working with leading global enterprises on digital transformation and supply chain optimization. Chris is a recognized expert in supply chain management, logistics, and enterprise supply chain SaaS solutions, across both customer operations, strategy, sales and marketing. We are excited to partner with Chris to further our long-term strategic vision and provide value to our customers as a best-in-class item-level traceability SaaS platform."Before joining Mojix, Chris was EVP & Chief Revenue Officer at Trax Technologies. Previously, he held various supply chain leadership positions of increasing responsibility at Gartner, UPS, and GSK. He holds a BS in Industrial Engineering from Georgia Tech and an executive programme certification in supply chain management at MIT.Pete Leibman, Managing Director of Peak Rock Capital, added, "the Board is thrilled to have Chris join the executive leadership team at Mojix, and exemplifies our commitment to drive accelerated growth in the years to come."Chris stated, "I am both humbled and honored to be named President and Chief Commercial Officer of Mojix. I am excited to drive further acceleration of the company's growth as we continue to lead the industry in customer satisfaction, global program delivery and product innovation for end-to-end visibility and traceability. The aim is to continue leveraging the maturing serialization and RFID barcoding technology solutions with the purpose of driving smarter and intelligent insights. Through collaboration and innovation with our customers and strategic partners, our advances in bringing together the physical and financial data flows will empower global enterprise manufacturers, distributors, and retailers to improve visibility and traceability for optimized financial performance of their Supply Chain networks during these most uncertain of times. Our times require both an agile and resilient supply chain to manage cost-to-serve and inventory assets."About MojixMojix is a global leader in item-level supply chain intelligence software. The firm is leading the way in traceability solutions utilizing its high security, globally scalable cloud-native SaaS platform. Founded in 2004, the Company has deep domain expertise in serialization technologies such as RFID, NFC, and print-based marking systems. Mojix builds business intelligence from event-triggered actions tracking billions of unique identities, following item lifecycles from source to shelf. Companies can leverage the seamlessly integrated data to increase their sales and operational efficiency, reduce major risks and enhance their customer experience. With offices across the United States, Europe and South America, Mojix is now a recognized expert in end-to-end, item-level track and trace, product authentication and automated inventory management. Learn more at www.mojix.comAbout Peak Rock CapitalPeak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock's equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital. Peak Rock's credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock's real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies. For further information about Peak Rock Capital, please visit www.peakrockcapital.com.Editorial/Media ContactsJim Donaldson, Sr. Director, Corporate CommunicationsMojix, Inc(314) 223-4779jim.donaldson@mojix.comHelene de Lailhacar, VP MarketingMojix, Inc.(33) 6 70 61 72 22helene.delailhacar@mojix.com(c) Mojix, Inc. Mojix and ytem are registered trademarks of Mojix, Inc.SOURCE: Mojix, Inc Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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‘Switching On the SUN’ – Samaiden Officially Turns on First Power Generation Facility at Sunway Nexis ACN Newswire

‘Switching On the SUN’ – Samaiden Officially Turns on First Power Generation Facility at Sunway Nexis

December 23, 2022
PETALING JAYA, Malaysia, Dec 23, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group's wholly-owned subsidiary, Samaiden Capital Management Sdn. Bhd.'s first solar investment project at Sunway Nexis has commenced operation on 23 December 2022.Sunway Nexis Management Corporation Chairman, Mr. Teo Poh Heng[L]; Group Managing Director of Samaiden, Ir. Chow Pui HeeSamaiden will operate and maintain the rooftop solar PV system with an installed capacity of 531 kilowatt-peak (kWp) for a duration of 20 years. Based on the generation of 12.5 million kilowatt hour (kWh) over the 20-year period, this can reduce approximately 8,400 tonnes of carbon emissions.Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "As part of the diversification plan for our Group, we are delighted to see the completion of this first investment project, in which the Power Purchase Agreement (PPA) was signed with Perbadanan Pengurusan Sunway Nexis (Sunway Nexis Management Corporation) back in December 2021.""This is a remarkable milestone for us as this facility will contribute positively to our revenue and cash flow on a recurring basis for 20 years."Sunway Nexis Management Corporation Chairman, Mr. Teo Poh Heng said, "We must focus on the future of our planet and emphasize sustainability of renewable energy (RE) and Sunway Nexis is happy to partner with Samaiden as the solar PV investor as this will certainly help to raise awareness of RE and its benefits to the owners and tenants of the building. I must thank Samaiden for taking this bold initiative to invest in Solar PV for Sunway Nexis as this is in line with our nation's initiative on implementing Environmental, Social and Governance (ESG) principles in the workplace. It starts with wise and timely corporate decisions that has long-term repercussions for all concerned.""With the recent announcement made by the Minister of Natural Resources, Environment and Climate Change YB Nik Nazmi Nik Ahmad on the surcharge of 20 sen/kWh to be imposed for industry medium voltage and high-voltage users including multinational corporations, we foresee that the solar PV system will be the best alternative for them to deploy in order to reduce their electricity bills," Ir. Chow noted.Samaiden Group Berhad: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Pharmaron: Fulfilling the “Green” and “Low-carbon” Mission and Striving to Improve Sustainability ACN Newswire

Pharmaron: Fulfilling the “Green” and “Low-carbon” Mission and Striving to Improve Sustainability

December 20, 2022
HONG KONG, Dec 20, 2022 - (ACN Newswire via SEAPRWire.com) - Pharmaron (Stock Code: 300759.SZ/3759.HK) is a premier R&D service provider for the life sciences industry. Founded in 2004, Pharmaron has invested in its people and facilities and established a broad spectrum of research, development and manufacturing service capabilities throughout the entire drug discovery, preclinical and clinical development process across multiple therapeutic modalities, including small molecules, biologics and CGT products. With around 17,000 employees, and operations in China, U.S., and U.K., Pharmaron has an excellent track record in the delivery of R&D solutions to its partners in North America, Europe, Japan and China."Green" and "low carbon" have remained the keywords along Pharmaron's development. Pharmaron set it's first five-year environmental targets in 2016 and achieved reduction of water consumption and the energy consumption per RMB10,000 of output value by 25% and 20% in 2020, respectively, which showed solid results in energy savings and emissions reduction. In 2021, Pharmaron further developed the 2021-2025 Environmental Targets based on the characteristics of its industry and align with the United Nations (UN)'s advocacy for climate action, as well as the peak carbon emissions and carbon neutrality targets of the countries where it operates. Pharmaron will continue to taking concrete actions toward the targets and further improve its environmental management system, resource savings exercises, waste & pollutant reduction effort, and green facility upgrades. Moreover, Pharmaron will continuously promoting green chemistry practices and establishing more suitable and efficient processes to reduce waste and pollutants.At the corporate level, Pharmaron incorporated ESG governance into the overall corporate governance and operations and is committed to continuously improving its ESG governance and management systems through updating the policies and systems, initiating targeted campaigns, increasing operational transparency, etc. According to its 2021 Environmental, Social and Governance Report, as the global COVID-19 pandemic continued, Pharmaron's team continues to be guided by its mission "to support its partners' success in discovery, development and commercialization of innovative medicines" and continue to develop its fully integrated end-to-end clinical service platform. Pharmaron built a three-tiered ESG governance with clear responsibilities to ensure the effective implementation of its ESG strategies. In addition, Pharmaron place high emphasis on interactions and alignment of priorities with stakeholders on various ESG topics, through regular questionnaire surveys and interviews, to better address the expectations of different stakeholders.Pharmaron provides its customers with high-quality, high value-added services and novel solutions. Its quality assurance system seamlessly manages the entire product lifecycle from customer acceptance through raw material procurement, R&D service execution, and quality inspection onto R&D product delivery and more; its complete set of information security management strategies served to protect information security and ensure the confidentiality, integrity, and availability of the information assets; its five-level intellectual property rights (IPR) protection system consisting of "Management Safeguard, Policy Safeguard, Legal Document Safeguard, Training Safeguard, and Technical Safeguard" was effective in delivering reinforced IPR protection. It remained committed to the "Honesty, Credibility, Mutual Benefit and Win-Win" principles when engaging with its suppliers. It managed and controlled environmental and social risks in the supply chain relating to core issues, such as business integrity, business information security, supply chain labor rights, and supply chain environmental protection. It implemented transparent procurement to maintain a fair environment for its prospective suppliers.The research and development of new medicines are fundamental to human health and wellness. In the coming year, Pharmaron will, as always, fulfill its responsibilities for all stakeholders including the society, environment, investors/shareholders, employees, customers, supply chain, etc. It will follow its ESG commitments to being green, sustainable and transparent as well as strive to continuously improve economic, environmental and social sustainability. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Korean Startup CloudN Enters Thai Energy Management Market with Support from South Korean Government SeaPRwire

Korean Startup CloudN Enters Thai Energy Management Market with Support from South Korean Government

December 2, 2022
Seoul, Korea, December 02, 2022 – (SEAPRWire) – Korean startup CloudN Co., Ltd., which is working towards a sustainable future with its ‘Building Energy Management System,’ announced that it has entered the Thailand market with support from the Korean government and NIPA (National IT Industry Promotion Agency). CloudN hosted a demonstration session on the application of its energy management platform on November 23rd at the Carlton Hotel in Bangkok, Thailand. About 40 domestic and foreign officials attended the session, including personnel representing BJC Group, Asset WORLD Corporation, Digital Economy Promotion Agency (DEPA) of Thailand, National IT Industry Promotion Agency (NIPA) and Korea Trade-Investment Promotion Agency (KOTRA). CloudN’s project is promoted as part of the Korean government program to support the growth and global expansion of excellent Korean SMEs in the D.N.A. (Data, Network, and AI) fields, helping them more easily enter overseas markets through partnerships with large corporations in Korea. The pilot services and the commercialization of energy management technologies were conducted for buildings in Thailand. CloudN completed the construction of an energy management platform and is operating it at the Big C Extra Ladphrao stores in Bangkok, Thailand, through collaboration with MiraeBM, an energy-savings company, and Han Jung Engineering, an automatic control company. The introduction of the platform at Big C stores is expected to reduce electric energy usage by 15% per year, reducing energy costs by KRW 150 million per store and KRW 23 billion per year for 150 stores. As a 30% increase in electricity bills is expected in Thailand next year, after the demonstration session, there was a signing of a business agreement to conduct a Proof of Concept (PoC) in the first half of next year to introduce 1,500 air conditioner management technologies at mini BigC convenience stores operated by BJC Group. The Building Energy Management System, or BEMS, is a state-of-the-art ICT system that collects and analyzes energy usage data in real time through sensors attached to main spaces and facilities in buildings to reduce energy consumption and maintain a pleasant indoor environment. The global BEMS market is growing by more than 19% annually. The growth center of the market is shifting from North America to Asia, with the Asian market growing at an annual rate of more than 30%. However, despite these circumstances, the introduction of BEMS to existing buildings has been scarce, and most of them are limited to the new public building market. CloudN’s specialized “BEMS” is attracting attention because it is easy to install in existing buildings, and it plans to explore markets in other Southeast Asian countries, such as Vietnam and Indonesia, which have high energy costs due to weak energy infrastructure. Media contact Brand: CloudN Contact: Sang-Su, Jeon, Team Manager Email: jssjss1@icloudn.net Website: https://icloudn.net/en/ SOURCE: CloudN The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Hektar REIT’s ESG Commitment Rewarded with Two Awards ACN Newswire

Hektar REIT’s ESG Commitment Rewarded with Two Awards

November 29, 2022
KUALA LUMPUR, Nov 29, 2022 - (ACN Newswire via SEAPRWire.com) - Hektar Asset Management Sdn Bhd, the Manager of Hektar Real Estate Investment Trust (Hektar REIT), Malaysia's first retail-focused REIT, is pleased to announce that Hektar REIT is the proud recipient of two Silver awards at the inaugural of The Edge Malaysia ESG Awards 2022: Most Improved Performance Award Over Three Years (for Market Cap below RM300M) and Property & REIT Sector Award.Muhammad Bakhtiar Ul Haq, Assistant Manager, IR, ESG & Special Projects of Hektar Asset Management; Mohd Zaharim bin Mohd Yatim, Senior Manager, Special Projects of Hektar Property Services; Syairul Irwan Rased, Assistant GM, Business Strategy, Martin Chen, GM, Legal, Zarina Halim, CCO, Johari Shukri bin Jamil, CEO and Lim Kek Siang, Senior GM, Finance of Hektar Asset Management and Sanggat Singh, Senior Manager, Group Facilities Management of Hektar Property Services [L-R]The Edge Malaysia editor-in-chief Kathy Fong; Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift; Johari Shukri bin Jamil, Chief Executive Officer of Hektar Asset Management Sdn Bhd; Helena Fung, the head of sustainable investment for Asia-Pacific at FTSE Russell; and Datuk Ho Kay Tat, the publisher and group CEO of The Edge Media Group [L-R]The awards seek to recognise and honour Malaysian companies for their commitment to developing and enhancing their business operations according to the Environmental, Social and Governance (ESG) principles. The award ceremony was held at a gala dinner at the Sunway Resort Hotel on 28 November 2022.The Edge Malaysia ESG Awards 2022 comprised two categories - the Equity Awards and the Fund Awards. The Equity Awards were organised in collaboration with Bursa Malaysia and FTSE Russell and the Fund Awards were in collaboration with the Securities Commission and Morningstar. These awards were aimed at promoting ESG adoption and leadership amongst industry leaders and professionals by recognising their contributions and successes. Hektar REIT qualified under the category of Equity Awards, whereby a company must be listed on Bursa Malaysia and be a constituent of the FTSE Bursa Malaysia EMAS index as of June 2022.En. Johari Shukri bin Jamil, Chief Executive Officer of Hektar Asset Management Sdn. Bhd. (Hektar Asset Management), the Manager of Hektar REIT said: "We are honoured to be conferred with these prestigious awards, a testament and recognition of our efforts in driving Sustainability initiatives since we embarked on the core focus on its three pillars of E, S and G across the organisation in 2017. Our commitment to ESG principles is long-term, as we recognise that all of us have a responsibility to our stakeholders. We remain committed to further advancing our efforts in managing material sustainability matters in the area of environmental conservation, including climate change mitigation and adaptation, water & waste management, and managing energy consumption, including incorporating renewable energy in our energy mix." En Johari emphasised that the company will continue to ensure that its initiatives are in accordance with the company's corporate social responsibility (CSR), industry best practices and investors' expectations. Over the years, Hektar REIT has joined hands through many partnerships and collaborations with local and international organisations, providing support to NGOs' and charity programs to support underprivileged and marginalised communities besides advancing and empowering women to improve their financial independence for the benefit of families."We recognise the need for responsible sourcing and are working closely with external parties, such as our tenants and vendors, to reduce our carbon footprint across the value chain. An example is the recently introduced Reverse Vending Machine (RVM) to recycle plastic bottles and cans at Subang Parade as a pilot project to play our role and reward our loyal patrons with vouchers for redemption for their continued commitment to becoming a part of a responsible society. We will also continue integrating ESG into all aspects of our business, from financial management to operations and future planning to deliver resilient and sustainable long-term value for our stakeholders."In June 2022 FTSE Russell evaluation, Hektar REIT was upgraded from a 3-star to a 4-star ESG rating on the FTSE4Good Bursa Malaysia Index (F4GBMI). Based on the F4GBMI evaluation of the results, Hektar REIT is inspired and encouraged to continue its efforts to improve initiatives in all three core areas of Environmental, Social & Governance and embed these core principles into its business DNA.Hektar REIT: http://www.hektarreit.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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China Medical System (867.HK) S&P Global CSA Score Achieved Significant Improvement, Leading the Industry Globally ACN Newswire

China Medical System (867.HK) S&P Global CSA Score Achieved Significant Improvement, Leading the Industry Globally

November 18, 2022
SHENZHEN, CHINA, Nov 18, 2022 - (ACN Newswire via SEAPRWire.com) - Recently, the S&P Global Corporate Sustainability Assessment (S&P Global CSA) released the 2022 Environmental, Social and Governance (ESG) scores for China Medical System Holdings Limited ("CMS" or the "Group"). CMS achieved a significant improvement with a score of 53 in 2022 from 36 in 2021, surpassing 92% of the global peers and being significantly ahead of the industry average. This result shows the Company's outstanding achievement from its active integration of ESG governance into strategic development and daily operation.S&P Global CSA is the global leading assessment tool of corporate sustainability practices initiated by S&P Global. S&P Global CSA provides comprehensive evaluation on corporate sustainability performance, and the Group's identification and management abilities of potential opportunities and challenges by considering factors, such as corporate economy and governance, environment protection, and social responsibility. S&P Global CSA has been regarded, by stakeholders, as one of the most important references for making business or investment decisions.Based on a well-established, scientific and effective ESG governance structure, CMS has been continuously improving its overall operations with the concept of sustainable development. Its latest S&P Global CSA-ESG scores indicated the Group has achieved significant improvements in several issues including Human Rights, Occupational Health & Safety, Supply Chain Management, Product Quality Management, Information Security & Cyber Security, Environment Policy & Management Systems, Addressing Cost Burden and Improving Access to Healthcare. Especially, the Group received excellent scores in Marketing Practices, Product Quality Management, and Addressing Cost Burden.Adhering to compliant operations, CMS has built an honest, efficient, and open operational culture via a solid internal management system. By continuously enhancing its innovative product incubation platform and fully leveraging its strengths, the Group promotes diversified collaborative R&D and continues to build a pharmaceutical ecosystem in a collaborative setting for the benefit of all stakeholders, to improve pharmaceutical R&D efficiency, and constantly offer patients with accessible, affordable, and quality products. In the future, upholding visionary corporate mission and responsibility, CMS said it will continuously enhance its corporate governance, environment control practices, and social responsibility fulfillment, and promote the integration of ESG concepts into the Group's strategy, striving to be the leading sustainable pharmaceutical company in China.Media ContactMedia Team, CMSEmail: ir@cms.net.cnWebsite: http://www.cms.net.cn/Source: China Medical System Holdings Ltd. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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InvesTech Holdings Launches Virsical MetaFM, an Integrated Operations and Management Solution for Corporate Equipment and Facilities ACN Newswire

InvesTech Holdings Launches Virsical MetaFM, an Integrated Operations and Management Solution for Corporate Equipment and Facilities

November 11, 2022
HONG KONG, Nov 11, 2022 - (ACN Newswire via SEAPRWire.com) - InvesTech Holdings Limited ("InvesTech Holdings"; together with its subsidiaries, "the Group"; stock code: 1087.HK), a leading integrated smart-IT solutions provider in China, is pleased to announce that Wafer Systems Limited ("Wafer Systems"), a subsidiary of the Group that owns the flagship smart-office software product Virsical, recently launched Virsical MetaFM ("MetaFM"), an integrated operations and management solution for corporate equipment and facilities in commercial real estates and smart buildings. MetaFM outperforms traditional management models and empowers the digital transformation of building operations, maintenance and management.Developed by Wafer Systems, MetaFM is a smart operations management system which is based on the operation, maintenance and management of equipment and facilities in buildings. With input from business interactions and feedback from clients, Wafer Systems has carried out an iterative programme of upgrades to the system. Serving operational goals in areas including security, environmental cleaning and customer service, the system helps optimise the operation, maintenance and management of facilities throughout the full life cycle of buildings. MetaFM offers comprehensive functions, including modules to handle assets and equipment, service centres, order management, preventive maintenance and management, patrol management, inventory management, supplier management, contract management, energy and data management, safe production and emergency planning. As a newly launched smart facility management platform, MetaFM has appealing characteristics, namely comprehensive functional modules, flexible applications, well-established templates, user-friendly interfaces, and a well-designed overall structure, optimising facility management practices. As a solution specifically designed for the operations and maintenance of buildings and properties, MetaFM adopts Wafer Systems' original platform structure while permitting development in new directions for building space management. Leveraging its powerful back-end self-configuration function, the system helps building operators to make accurate decisions on project operations, maintenance and management. The system also significantly reduces facility operations and maintenance costs, lowers potential risks relating to equipment operations, increases transparency in facility management, and maximises the efficiency of facility operations and maintenance. MetaFM can be applied in a diverse range of scenarios, providing a comprehensive smart space management solution for commercial properties, campuses and corporate offices. MetaSpace, as a platform empowered by spatial digital twins, mainly facilitates information technology/operational technology (IT/OT) integration. MetaWork, an application platform specifically designed for enterprise digital administrative tasks, mainly supports enterprise employees and visitors, and serves administrative management functions. MetaView, a platform that features visualisation and analysis tools for enterprise digital data, serves as an enterprise management control panel and interactive screen. MetaSpace, MetaWork and MetaView complement one another in terms of functionality, forming a complete loop to provide high-quality, one-stop services for enterprises.Mr. Ringo Chan, Chairman of InvesTech Holdings, said: "Equipment and facilities play a notably important role in enterprises' production processes and business operations, making the management of equipment and facilities one of the most important aspects of enterprise management. With immense experience in the smart-office sector and experience of serving numerous Fortune 500 clients, we notice that companies are faced with problems in such areas as asset management, operating costs and procedure management. We therefore hope that our newly launched MetaFM can help enterprises overcome different challenges in the operation, maintenance and management of equipment and facilities. Leveraging the most advanced solutions, we have set a new industry standard for facility management, providing more customers with convenient smart-office space and improving overall operations management standards and work efficiency.""The Group has successfully launched the Meta series of smart-building management solutions, which can be deployed in a wide range of scenarios, providing powerful, comprehensive solutions that support enterprises in fields including employee health, user experience, collaborative efficiency, low-carbon and energy-saving operations, corporate sustainability, and environmental, social and governance (ESG) practices. Further, the Group has developed close strategic partnerships with ecosystem partners in the industry, which are leading cloud service and network providers such as Microsoft, Lark, Huawei and Cisco. Looking ahead, leveraging our strong product ecosystem alongside our research and development capabilities, we will continue to develop and optimise solutions to offer our customers one-stop smart-space solutions and facilitate enterprises' digital transformation," Mr. Chan said. About InvesTech Holdings LimitedInvesTech Holdings Limited (stock code: 1087.HK) was listed on the main board of the Hong Kong Stock Exchange in 2010. As a leading integrated smart IT solutions provider with more than 30 years of experience in the IT industry, the Group is engaged principally in IT infrastructure systems integration and the smart-office software solutions businesses. The Group has a strong presence in China, with more than 10 offices nationwide and a research and development centre in Xi'an.Website: http://www.investech-holdings.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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ARMA International and RIMPA Global Announce Formation of an International Consortium to be Voice of Information Governance Globally ACN Newswire

ARMA International and RIMPA Global Announce Formation of an International Consortium to be Voice of Information Governance Globally

October 19, 2022
Nashville, TN, Oct 19, 2022 - (ACN Newswire via SEAPRWire.com) - This past April ARMA International announced a Global Partnership with the Records and Information Management Professionals Australasia (RIMPA Global), the longest serving peak body for industry practitioners in the southern hemisphere to better serve the information management profession worldwide. The global partnership between these two leading worldwide organizations provides many benefits to their collective 7,000 members who now have the opportunity for joint membership in both organizations; access to reciprocal resources including communities and professional development, education, and certifications; and advocacy for the information management and information governance profession. Together the two organizations are working together to provide a unique perspective on global information issues."Through this relationship we have begun the formation of an international consortium to be voice of information governance globally. This new body is vital to Advocate for the industry and Build a Global Community for the Information Management Profession. By bolstering thought leadership, supporting the career advancement of information professionals by establishing standards and increased awareness; and establishing this global community bolstered by strong partnerships, we will move the industry forward and achieve together, what we cannot apart," explained Nathan Hughes, Executive Director, ARMA International.The two organizations have already begun collaborating. Nathan Hughes, Executive Director of ARMA and Wendy McLain, President of ARMA attended the RIMPA Live 2022 Convention, in June in Canberra, Australia, and participate in meetings with the RIMPA Global Board. Anne Cornish, Chief Executive Officer of RIMPA Global and Thomas Kaufhold, Chair of the Board of RIMPA Global attended ARMA's InfoCon 2022, held this week in Nashville, TN, and participated in meetings with the ARMA Board.ARMA International (www.arma.org), formed in 1955, is the world's leading membership organization serving almost 5,000 professionals who manage and govern information in 52 countries. Members represent the community of records management, information management, and information governance professionals who harness the benefits and reduce the risks of information. ARMA provides information professionals with the resources, tools, and training they need to effectively manage records and information within an established information governance framework. Works that are associated with the framework include the Principles, the Information Governance Maturity Model and the Information Governance Body of Knowledge (IGBOK). ARMA recognizes professionals who have mastered these concepts through the Information Governance Professional (IGP) Certification.The Records and Information Management Professionals Australasia (RIMPA Global) (www.rimpa.com.au/) established in 1969, represents over 2,000 professionals and organizations in the private sector, Commonwealth, Federal, State and Local Governments. RIMPA Global has active Branches and Chapters operating in all states and territories across Australia and New Zealand. RIMPA Global is the longest serving peak body for industry practitioners in the southern hemisphere and actively promotes best practice, sets industry standards and fosters professional development across all business sectors and educational institutions. Through its international partnerships with other peak bodies, RIMPA Global provides its members with access to an accomplished framework of professional associations. RIMPA Global has strategic alliances with the Information Governance ANZ, Institute of Managers and Leaders (IML), Australian Library and Information Association (ALIA), Australian Society of Archivist (ASA) and Leadership Through Data.For further information, contact: Amy Riemer, Media Relations Representative978-475-4441 (office) or 978-502-4895 (cell) amy@riemercommunications.comSOURCE: ARMA International Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Fulcrum Global Rebrands VZ Properties to NEXIS Property, Continues to Deliver First-Rate Asset Management Services to Customers ACN Newswire

Fulcrum Global Rebrands VZ Properties to NEXIS Property, Continues to Deliver First-Rate Asset Management Services to Customers

September 8, 2022
HONG KONG, Sep 8, 2022 - (ACN Newswire via SEAPRWire.com) - Fulcrum Global (Hong Kong) Limited ("Fulcrum Global" or "the Group"), a premier platform for international property investments, is pleased to announce that the trading name of its wholly owned subsidiary VZ Properties / V Properties UK will be changed to NEXIS Property ("NEXIS"), effective from 7 September 2022, to coordinate its business expansion from Manchester to Birmingham, London, Hong Kong and Bangkok. The rebranding and business expansion will allow the Group to further diversify its professional services to cope with the rising demand for overseas property investments. NEXIS has been operating in the UK for 10 years, focusing on providing both UK-based and overseas landlords and investors with a one-stop, seamless letting and management solution in the UK property market. Today, NEXIS manages over 1,000 active tenancies in the UK's leading cities, including Manchester, London and Birmingham, with almost 70% of overseas landlords from Hong Kong, Singapore, Thailand and the Middle East. NEXIS has an in-depth understanding of the needs of its clients. In addition to having a trilingual professional asset management team, NEXIS offers timely and accurate services to its tenants and landlords, shortening the communication time with different parties and overcoming time zone challenges. It is also committed to providing asset-related value-added services such as property management, furniture sourcing, and property rental and price analysis services.The UK government has been actively developing northern cities in recent years. Many investors have gradually moved from the capital city London to Birmingham and northern cities such as Manchester and Leeds. The property prices in such cities have increased by 8.8% to 9.2%, respectively, while those in London have only increased by 4.1%. NEXIS has taken the lead in expanding its business from its headquarters in Manchester to Birmingham and London and plans to also cover Leeds, Sheffield and Nottingham in the near future. At the same time, in order to improve the service quality for overseas customers, NEXIS has set up service counters based in Hong Kong and Bangkok, and will also open an office in Singapore.Over the years, Fulcrum Global has utilised its business acumen and market knowledge of investing and developing real estate in the UK to grow its footprint, and it has also established sales networks in regions such as Hong Kong and Thailand. By leveraging NEXIS accumulated property management knowledge in the UK and providing top-notch asset management services for customers as its core objective, the Group strives to create asset investment strategies, optimise assets and provide all-round property management for customers and investors, so as to continuously create higher investment value for customers' assets. The Group believes the NEXIS rebranding exercise could maximise the value of the Group, thus further reinforcing its position as one of the world's leading international property investors.About Fulcrum GlobalFulcrum Global (Hong Kong) Limited ("Fulcrum Global") is a premier platform for international property investments to investors based in Greater China, and in the process, provides an integrated solution across the entire ownership lifecycle to make overseas property investment more accessible. Fulcrum Global's business scope consists of three components - acquisition and development, sales and distribution, and downstream services - encompassing the entire international property value chain. Since our founding in 2008, our relentless focus on overseas property investments, along with a strong emphasis on developing a best-in-class management and distribution network, have cemented our reputation as a market leader in the sector. Backed by a management team with an extensive background in real estate and finance, Fulcrum Global has over the years invested in over 70 residential and commercial property projects across ten cities in the UK and Asia, including London, Manchester, Bangkok, Singapore, Tokyo and Shanghai, with total project value in excess of USD 1 billion.In 2018, Fulcrum Global set a new milestone with the successful acquisition of a 20% stake in Noble Development Public Company Limited, a top ten Thailand developer listed on the Stock Exchange of Thailand (NOBLE.BK). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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InvesTech Holdings Enters into MoU with Huawei to Offer Cloud-based Enterprise Application Solutions ACN Newswire

InvesTech Holdings Enters into MoU with Huawei to Offer Cloud-based Enterprise Application Solutions

August 25, 2022
HONG KONG, Aug 25, 2022 - (ACN Newswire via SEAPRWire.com) - InvesTech Holdings Limited ("InvesTech Holdings", together with its subsidiaries, "the Group"; stock code: 1087.HK), a leading integrated smart-IT solutions provider in China, is pleased to announce that its subsidiary Wafer Systems (Asia) Limited ("Wafer Systems"), which owns smart-office software solutions flagship product Virsical, has entered into a memorandum of understanding (MoU) with Huawei Services (Hong Kong) Co., Limited ("Huawei"). Under the agreement, the two companies will collaborate strategically in the smart-office and cloud businesses to jointly offer enterprises digital transformation solutions.Authorised representatives, Mr. Stephen CHOW, General Manager of Wafer Systems (Asia) Limited (second from left), and Ms. CAO Lingling, Managing Director of Huawei Cloud Business Department, Hong Kong (second from right), signed the MoU at Revive Tech Asia 2022. Mr. Ringo CHAN, Chairman, Chief Executive Officer and Executive Director of InvesTech Holdings (first from left), and Mr. Denny DENG, Chief Executive Officer of Huawei International Co. Limited (first from right) witnessed the signing. Wafer Systems and Huawei signed the MoU on 24 August 2022 at Revive Tech Asia 2022, a technology conference and exhibition held at Hong Kong's AsiaWorld-Expo. Under the MoU, the two companies will engage in in-depth collaboration in the form of an annual contract to explore the smart-office and cloud businesses for a three-year period spanning August 2022 to August 2025. Fully leveraging their advantage of resource aggregation, Wafer Systems and Huawei will join hands to launch two ground-breaking cloud-based enterprise application solutions - "AIoT-based Smart Building Digital-twin Solution" and "Huawei Cloud Digital Administrative Office Solution" - to empower clients in various industries undergoing digital transformation."AIoT-based Smart Building Digital-twin Solution" is a Virsical AIoT platform-centred, Huawei Cloud-powered system that collects and analyses information on people's behaviour, terminal equipment and space status in a building by integrating building space management systems and various smart hardware and terminals, creating a digital platform that enables information collection, resource sharing and optimised management. It also enables digital management of enterprise operations including facilities management, energy-saving measures, emissions reduction, office services, monitoring and alarms, emergency services and information distribution. Using the system, enterprises are able to achieve intelligent collaboration involving people, objects and space, and realise the intelligent transformation of administrative management, to increase the efficiency of building operations and management, and to lower operating costs."Huawei Cloud Digital Administrative Office Solution" is a corporate digital twin smart-management platform built on the Huawei Cloud that utilises advanced technologies such as the Internet of Things (IoT). It is a platform for information collection, resource sharing and optimised management that enables real-time dynamic monitoring and control of equipment operations. The platform can be used in various scenarios involving corporate administration, including but not limited to workstation management, meeting management, visitor management, access management, smart-locker management, smart-washroom management and space asset management. It helps companies achieve intelligent management of people, objects and space, making real-time decision making more efficient and precise. It also assists companies in achieving the smart transformation of administrative management and conducting green and low-carbon operations in office buildings. Mr. Ringo CHAN, Chairman, Chief Executive Officer and Executive Director of InvesTech Holdings, said: "It is our great honour to be highly regarded by, and to collaborate with, Huawei, one of the most outstanding technology giants in the industry. The MoU is expected to bring business synergies in terms of cloud-based enterprise application solutions and to facilitate product innovation so we can optimise our solutions to provide clients with better products and services. Through this strategic collaboration, we can reach Huawei's customers, expanding our customer base and industry share in the high-potential Chinese market.""Looking forward, we foresee opportunities and collaborative efforts in many areas with Huawei in jointly exploring other types of cloud-based enterprise application solutions related to system integration - namely cloud migration, cloud security and cloud backup. To give full play to our complementary advantages, the Group will strive to deepen its partnership with Huawei, with the aim of optimising the Group's core competences in the long run."About InvesTech Holdings LimitedInvesTech Holdings Limited (Stock code: 1087.HK) was listed on the main board of Hong Kong Stock Exchange in 2010. As a leading integrated smart IT solutions provider with more than 30 years of experience in IT industry, the Group is principally engaged in IT infrastructure system integration and smart office software solutions businesses. The Group has strong presence in China, with more than 10 offices nationwide with a research and development centre in Xi'an. Website: http://www.investech-holdings.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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REDSUN SERVICES’s 2022 Interim Profit Attributable to Equity Shareholders Increases 15.8% to RMB69.3 million ACN Newswire

REDSUN SERVICES’s 2022 Interim Profit Attributable to Equity Shareholders Increases 15.8% to RMB69.3 million

August 24, 2022
HONG KONG, Aug 23, 2022 - (ACN Newswire via SEAPRWire.com) - Redsun Services Group Limited ("Redsun Services" or the "Group"), a fast-growing comprehensive community services provider with a strong presence in the Yangtze River Delta region, has announced its interim results for the period ended 30 June 2022. The Group reported collaborative development in its three business lines of property management services, value-added services for non-property owners and community value-added services. The Group's external expansion grew rapidly while profitability remained stable. FY2022 Interim Results Highlights:-- The Group's revenue was RMB553.9 million, representing an increase of 4.7% compared with the same period last year.-- Revenue from property management services was RMB404.2 million, representing an increase of 15.3% as compared with the corresponding period last year and accounting for 73.0% of the total revenue. -- Profitability remained stable with a gross profit margin of 27.2%, while profit attributable to equity shareholders was RMB69.3 million, an increase of 15.8%.-- As at 30 June 2022, the Group had a total of 376 contracted projects, with contracted GFA increasing approximately 14.7% to approximately 56.9 million sq.m., of which there were 307 projects under management, with GFA of approximately 44.9 million sq.m., representing an increase of approximately 30.6%.Three-pronged business model with collaborative developmentThe Group recorded total revenue of RMB553.9 million, representing an increase of 4.7% compared to the same period last year. Revenue from property management services increased by 15.3%, accounting for 73.0% of the total revenue. Overall gross profit reached RMB150.8 million with a gross profit margin of 27.2%. Profit attributable to equity shareholders was RMB69.3 million, an increase of 15.8% as compared with the same period last year. The net profit margin reached 13.3%. As at 30 June 2022, the Group provided property management services and value-added services in 62 cities in China, with 376 contracted projects and contracted GFA of approximately 56.9 million sq.m., representing an increase of approximately 14.7% when compared with 30 June 2021, of which the GFA under management was approximately 44.9 million sq.m., an increase of approximately 30.6% as compared with the same period last year, serving as proof that the Group's management scale has reached a new level. During the period, the Group's GFA under management from third-party developers increased to 63.0%, representing an increase of 3.6 percentage points as compared with the same period of last year.External expansion continues at rapid pace, demonstrates tending capabilitiesDuring the review period, the Group gave play to the advantage of Nanjing "home city" to expand the development tracks of urban services. The Group continued to develop service projects in Taishan Street, Jiangbei New District, Nanjing and Xigang Street, Qixia District, Nanjing. Continuously penetrating the sector of logistics management services for expressways, the Group cooperated with Hubei United Transportation Investment Co., Ltd. to provide logistics services such as cleaning environment, order maintenance and engineering maintenance for its 12 stations including Wuhan Heping-Zuoling Expressway. Leveraging its reputation and courteous and customized professional services provided during the epidemic in Shanghai, the Group successfully obtained the Shanghai Henlius Industrial Park Project through market-oriented bidding expansion to provide property management services for large-scale pharmaceutical enterprisesAdhering to integrity and innovation to promote high-quality developmentIn 2022, the Group insisted to think everything from the customers' perspective and explore future demand of customers. It has upgraded the Redsun Mode 2.0 to establish "five good services" with basic service quality as the focus, which further solidified our basic service quality. The "Redsun Housekeeper" service products under this model have now been launched in full swing in the Group. The Group's organizational efficiency has been continuously improved and its efforts to enhance quality and efficacy have achieved a satisfactory outcome.In addition, focusing on customers' needs and advantageous areas of property management enterprises, the Group constantly diversified the community living service ecosystem and built up professional service capabilities. It integrated premium supplier resources and continuously penetrated deeply into various segments of business including Redsun community resources value-added services, Redsun Property Decoration Centre, and Hong Life Rental & Sales Centre. While extending the professional values of the Group, Redsun Services has also upgraded the value of assets and community spaces for property owners. At the same time, in compliance with the boost of "intelligent empowerment", the Group actively promoted digital construction and carried out smart upgrades, where it continuously iterated and upgraded the "Hongtu panoramic smart data platform", "management and control platform of all-dimensional plan", "Hongzhi Cloud Monitor" and "online management and control platform of investment and development", for the purpose of enhancing management efficiency while controlling operation costs.In the future, Redsun Services will continue to adhere to the high-quality and steady development strategies. With the support of comprehensive improvement in the organizational and cultural ability of talents, the Group will enhance its professional, standardized, high-quality, systematic service operational capabilities as well as service design and innovative capabilities, so that it can create excellent comprehensive servicing capabilities in the all-round development of "space + scenario" operational capabilities, and take this as the basis for building its healthy and sustainable development capabilities to realize the long-term value of the Group.About Redsun Services Group LimitedEstablished in Nanjing in 2003, Redsun Services Group Limited is a fast-growing comprehensive community service provider focusing on the Yangtze River Delta. With a vision of "making lives warmer," the Group has provided and endeavors to continue to "provide customers with high-quality services with sincerity" to better serve its customers. The Group has established the regional leading position in the property management market of Jiangsu province and is well-recognized nationwide. The Group was recognized as one of the Top 100 Property Management Companies by CIA for four consecutive years since 2017 and ranked 18th among the 2022 Top 100 Property Management Companies in terms of overall strength. In December 2020, the Group was included by FTSE Russell in the FTSE Global Micro-Cap Index. In 2021, the Group was selected as a constituent of the Hang Seng Property Service and Management Index. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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IMA and FocusCore Group KK Sign Strategic Alliance to Support Management Accounting Professionals ACN Newswire

IMA and FocusCore Group KK Sign Strategic Alliance to Support Management Accounting Professionals

August 23, 2022
Montvale, N.J. & Tokyo, Japan, Aug 23, 2022 - (ACN Newswire via SEAPRWire.com) - To better support the careers of accounting and finance professionals in Japan and greater Asia, IMA(R)(Institute of Management Accountants) has formed a new business partnership with FocusCore, an executive search company focused on serving clients in the APAC region with hiring challenges of finance leadership in Japan. FocusCore, founded in 2011, specializes in retained search for finance, accounting, HR, supply chain, and country management for the Japan region. The partnership agreement came into effect in July 2022.Through this new strategic relationship, FocusCore candidates will receive a free three-month trial membership with IMA and access to numerous IMA resources. These include continuing education courses (many of which are free for members), IMA's proprietary CareerDriver(R) career assessment and development tool, webinars, research and professional publications, and IMA chapter and virtual networking. Moreover, with the free three-month trial membership with IMA, FocusCore clients will also gain access to IMA's U.S. CMA(R)(Certified Management Accountant) program.IMA members in the region will benefit from the alliance through shared thought leadership, relevant career development information, and joint business events to promote networking. Together, the two organizations will hold joint IMA chapter events, professional development conferences, and information sessions about IMA's U.S. CMA certification program. To help kick-off the new alliance, IMA and FocusCore are planning to hold an in-person event in October 2022 to discuss the evolving roles of management accountants in Japan. "A crucial element to furthering the management accounting profession in Japan is to support those who are looking to explore future career options and maximize their potential," said Nina Michels-Kim, CMA (U.S.), CSCA, IMA Director of Partnerships, Japan and Korea. "By working together with FocusCore, we're able to share valuable tools, information, and resources to a larger pool of professionals.""It's critical for Japan finance and accounting professionals to have support to improve their skillset and find the right leadership positions," said FocusCore managing director Simon Jelfs. "This partnership allows APAC leaders who are leading entities in Japan to have a greater resource to find the best talent. In addition, by working together with IMA, we are able to share top-shelf tools and information to our network," said Dr. David Sweet, founder of FocusCore. "With this strategic alliance, APAC businesses and individuals now have greater access to resources in Japan to help combat a short talent market. Individuals who take advantage of this partnership will have an exceptional edge in the market."About IMA(R) (Institute of Management Accountants)IMA(R) is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA(R)(Certified Management Accountant) and CSCA(R)(Certified in Strategy and Competitive Analysis) programs, continuing education, networking, and advocacy of the highest ethical business practices. Twice named Professional Body of the Year by The Accountant/International Accounting Bulletin, IMA has a global network of about 140,000 members in 150 countries and more than 350 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its four global regions: The Americas, Asia/Pacific, Europe and Middle East/India. For more information about IMA, please visit www.imanet.org.About FocuscoreFocusCore, is a boutique human resources and recruitment service agency in Asia. It was voted #1 in Japan back office recruitment in HR, Supply Chain, Finance & Accounting for Small/Medium size foreign capital companies. Building on their specialization in retained recruitment for Country Managers, CFOs, Finance Directors, COOs, HR Directors and Supply Chain Directors, FocusCore helps companies focus on their core business. For more information about FocusCore, please visit www.japan.focuscoregroup.com.Press contactPRecious Communications for IMAE: IMA@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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InvesTech Holdings and Microsoft Jointly Launch Two Enterprise Digital Transformation Solutions ACN Newswire

InvesTech Holdings and Microsoft Jointly Launch Two Enterprise Digital Transformation Solutions

August 17, 2022
HONG KONG, Aug 17, 2022 - (ACN Newswire via SEAPRWire.com) - InvesTech Holdings Limited ("InvesTech Holdings", together with its subsidiaries, "the Group", Stock Code: 1087.HK), a leading integrated smart IT solutions provider in China, is pleased to announce that its subsidiary Wafer Systems Limited ("Wafer Systems"), which owns the smart office software solutions flagship product Virsical, has started a new collaboration with Microsoft Corporation ("Microsoft"; NASDAQ: MSFT) in the field of the modern workplace, jointly offering enterprises with digital transformation solutions.Jointly launching enterprise smart workspace solutions empowering the enterprises digital transformationWafer Systems and Microsoft joined hands to launch two distinctive enterprise solutions, namely "AIoT-based Smart Building Digital-twin Solution" and "Teams-based Digital Administrative Office Solution", to empower clients from various industries to undergo digital transformation. The Group and Microsoft aspire to force disruptive innovation to the traditional manpower-based management model, with an aim of delivering groundbreaking solutions to enterprises. As a digital administrative office solution, "AIoT-based Smart Building Digital-twin Solution" is Virsical AIoT platform-centred and Microsoft Azure-powered solution, which integrates building space management system and various smart hardware and terminals to collect and analyse information such as people's behaviour, terminal equipment and space status in the building, for the formation of a digital platform where information collection, resource sharing and optimised management are enabled. It also realises digital management of enterprise operational scenarios encompassing facility management, energy saving and emission reduction, office services, monitoring and alarming, emergency services, and information distribution. It effectively helps enterprises achieve intelligent collaboration of people, objects and space, and realise the intelligent transformation of administrative management, thus enhancing the efficiency of building operation and management, as well as reducing operating costs."Teams-based Digital Administrative Office Solution" is a corporate digital-twin smart management platform that is built on the foundation of Microsoft Teams with the application of advanced technologies such as the Internet of Things (IoT). It forms a system platform with functions including information collection, resource sharing and optimised management, in order to realise real-time dynamic monitoring and control of equipment operations. The platform covers multiple areas of corporate administration, including workstation management, meeting management, visitor management, access management, smart locker management, smart washroom management and space asset management, etc. It helps corporates achieve the intelligent management of people, objects and space while improving the efficiency and precision of real-time decision-making. Meanwhile, it drives enterprises to attain smart transformation of administrative management and fulfil green and low-carbon operations in office buildings. Leveraging its professional standards and capabilities, alongside industry-leading solutions, Wafer Systems is highly acclaimed by Microsoft and has become the only partner in China being awarded the "Microsoft Best IoT Partner of the Year". Driven by the mutual recognition of capabilities and mission, Wafer Systems and Microsoft have deepened their partnership through intensive collaboration in various fields. Forming strong alliance and strategically deepening collaboration in the field of smart office In November 2021, with its cutting-edge research and development (R&D) capabilities and advanced solutions being highly recognised by Microsoft, the Group ranked first in Microsoft Teams Hackathon with "Virsical Automated Visitor Registration Solution", and won the title of Microsoft Gold Partner in December 2021. In early 2022, Wafer Systems' "Virsical AIoT Solution" officially entered Microsoft laboratory and was empowered by Microsoft laboratory's technology and equipment. Bolstered by the full support of Microsoft experts and laboratory engineers, the Group has accelerated the implementation of Wafer Systems' space management and facility management solutions in the new-generation building parks. Through the integration of the existing solutions by Microsoft AIoT services, subsequent costs for implementation are reduced. The entry facilitates the integration of Virsical and Microsoft in terms of AIoT solutions, thus promoting the incubation and implementation of more technical solutions while allowing the two parties to explore the high-potential AIoT field together. Currently, several Virsical software products, namely MetaVisitor, MetaWorkspace and MetaMeeting, were successively launched on Microsoft Teams, offering Microsoft Teams users a brand-new office experience. In addition, the Group has recently participated in Microsoft IoT Project Dragon, during which "Virsical Smart Space Solution" was announced as a key solution in the smart space field and successfully gain wide recognition in the industry.By continuously strengthening and consolidating each other's advantages, the Group and Microsoft have reached mutually beneficial cooperation. The two parties have also carried out holistic collaborations in various fields, to create interconnected and visualised smart office spaces spanning across scenarios including office spaces, buildings and parks, with a view to improving corporate efficiency and driving the digital transformation of the Group's Fortune 500 clients.Mr. Ringo CHAN, Chairman and Chief Executive Officer of InvesTech Holdings, said, "Capitalising on Microsoft's outstanding technical capability and exhaustive list of product matrix, we are able to effectively optimise our solutions to provide clients with better products and services, thus expanding our market share in the promising Chinese market. As a Microsoft Gold Partner and a leader in the smart office industry, the Group expects to join hands with Microsoft to create smart space management solutions through leveraging technologies namely Microsoft Cloud's IoT, digital-twin and AI technology, as well as fostering integration with applications and management systems in existing traditional headquarters buildings. In the future, to give full play to complementary advantages, the Group will deepen its partnership with Microsoft and establish in-depth cooperation in fields such as smart office, to jointly explore enterprise metaverse."Ms. YIN Bing, Director of Asia IoT Partner Business Unit of Microsoft, said, "We are pleased to collaborate with our outstanding partner Wafer Systems and jointly create innovative solutions. It is Microsoft's mission to empower every person and every organisation on the planet to achieve more. Wafer Systems' innovative smart office solutions work well with Microsoft's industry-leading products such as Azure IoT and Teams, to provide enterprises with convenient tools for efficient management. Going forward, Microsoft will continue to support Wafer Systems in product innovation for the provision of industry-leading Microsoft platform-based solutions to more enterprise clients."About InvesTech Holdings LimitedInvesTech Holdings Limited (Stock code: 1087.HK) was listed on the main board of the Hong Kong Stock Exchange in 2010. As a leading integrated smart IT solutions provider with more than 30 years of experience in the IT industry, the Group is principally engaged in IT infrastructure system integration and smart office software solutions businesses. The Group has a strong presence in China, with more than 10 offices nationwide with a research and development centre in Xi'an. Website: http://www.investech-holdings.com/ Copyright 2022 ACN Newswire. All rights reserved. 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蓝城兄弟完成私有化交割，赤子城科技参与交易

August 15, 2022
EQS 新闻 via SEAPRWire.com / 2022-08-15 / 12:37 UTC+8 蓝城兄弟完成私有化交割，赤子城科技参与交易 美国东部时间8月12日下午，互联网科技企业—蓝城兄弟(Nasdaq:BLCT)发布公告，宣布公司已完成私有化交割，交易估值约6,000万美元，将从美国纳斯达克退市。是次交易包括港股企业赤子城科技(9911.HK)注资5,000万美元成立的基金。 蓝城兄弟私有化交易背景 2022年1月，蓝城兄弟宣布，收到买方集团的初步非约束性收购建议书，拟议收购价格为每股普通股3.70美元或每份ADS1.85美元。同月，赤子城科技宣布出资5,000万美元成立基金，参与蓝城兄弟私有化。 根据公告，私有化买方集团以每股普通股3.20美元或每份ADS1.60美元的价格进行交割，交易估值约为6,000万美元。7月29日，蓝城兄弟宣布其私有化交易获股东大会95.7%投票赞成通过。 根据蓝城兄弟公告，公司的私有化买方集团包括Metaclass Management ELP、蓝城兄弟创始人马保力、鼎晖投资。其中，Metaclass Management ELP 是赤子城科技出资成立的基金。 蓝城兄弟海外业务有望进入新增长周期 蓝城兄弟是中国最大的LGBTQ社交公司，推出了Blued等同性社交产品，公司亦在海外市场布局多年，海外用户数量占比约40%，但海外市场收入仅占总收入的12%，其海外用户价值仍有巨大挖掘空间。 赤子城科技是中国最大的社交出海公司，打造了Yumy、MICO、YoHo等出海社交产品，覆盖中东、东南亚、北美、欧洲、日韩等市场，据悉MICO已是年收入超10亿人民币的产品。赤子城科技在海外建立多个本地化运营中心，招募当地员工以推进深度的本地化运营。公司在拓展新市场、推广新产品时，能够凭借积累下来的成功经验，灵活地应用于不同市场，减少启动成本，实现公司社交业务快速增长和高效变现。 分析认为，蓝城兄弟的社交产品Blued有望借助赤子城科技的社交出海中台及本地化优势，大幅提升在海外的获客效率、运营效率、变现效率，未来有希望进入新的增长周期。 全球LGBTQ市场规模将达到5.4万亿美元 市场研究机构Frost & Sullivan的数据显示，预计到2023年，全球LGBTQ群体人数将增长至5.91亿，全球LGBTQ市场规模将达到5.4万亿美元。如今，Tinder、Bumble、Hinge等海外众多社交应用也已逐渐融入同性社交板块，以抢占LGBTQ市场份额。 外界认为赤子城科技参与蓝城兄弟私有化，有望接下来快速进入规模庞大的全球LGBTQ社交赛道，获得更多发展空间和可能性。 来源：南京赤紫文化发展有限公司 南京赤紫文化发展有限公司是由多位专业财经媒体人组建的新锐媒体平台，致力于赋能全球互联网经济参与者，以全球化视角，观察新经济蓬勃发展的浪潮，提供更有价值的行业分析、公司解读和人物故事。 文件: 蓝城兄弟完成私有化交割，赤子城科技参与交易 2022-08-15 此新闻稿由EQS Group via SEAPRWire.com转载。本公告内容由发行人全权负责。原文链接: http://www.todayir.com/sc/index.php
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蓝城兄弟完成私有化交割，赤子城科技参与交易

August 15, 2022
EQS 新闻 via SEAPRWire.com / 2022-08-15 / 12:27 UTC+8 蓝城兄弟完成私有化交割，赤子城科技参与交易 美国东部时间8月12日下午，互联网科技企业—蓝城兄弟(Nasdaq:BLCT)发布公告，宣布公司已完成私有化交割，交易估值约6,000万美元，将从美国纳斯达克退市。是次交易包括港股企业赤子城科技(9911.HK)注资5,000万美元成立的基金。 蓝城兄弟私有化交易背景 2022年1月，蓝城兄弟宣布，收到买方集团的初步非约束性收购建议书，拟议收购价格为每股普通股3.70美元或每份ADS1.85美元。同月，赤子城科技宣布出资5,000万美元成立基金，参与蓝城兄弟私有化。 根据公告，私有化买方集团以每股普通股3.20美元或每份ADS1.60美元的价格进行交割，交易估值约为6,000万美元。7月29日，蓝城兄弟宣布其私有化交易获股东大会95.7%投票赞成通过。 根据蓝城兄弟公告，公司的私有化买方集团包括Metaclass Management ELP、蓝城兄弟创始人马保力、鼎晖投资。其中，Metaclass Management ELP 是赤子城科技出资成立的基金。 蓝城兄弟海外业务有望进入新增长周期 蓝城兄弟是中国最大的LGBTQ社交公司，推出了Blued等同性社交产品，公司亦在海外市场布局多年，海外用户数量占比约40%，但海外市场收入仅占总收入的12%，其海外用户价值仍有巨大挖掘空间。 赤子城科技是中国最大的社交出海公司，打造了Yumy、MICO、YoHo等出海社交产品，覆盖中东、东南亚、北美、欧洲、日韩等市场，据悉MICO已是年收入超10亿人民币的产品。赤子城科技在海外建立多个本地化运营中心，招募当地员工以推进深度的本地化运营。公司在拓展新市场、推广新产品时，能够凭借积累下来的成功经验，灵活地应用于不同市场，减少启动成本，实现公司社交业务快速增长和高效变现。 分析认为，蓝城兄弟的社交产品Blued有望借助赤子城科技的社交出海中台及本地化优势，大幅提升在海外的获客效率、运营效率、变现效率，未来有希望进入新的增长周期。 全球LGBTQ市场规模将达到5.4万亿美元 市场研究机构Frost & Sullivan的数据显示，预计到2023年，全球LGBTQ群体人数将增长至5.91亿，全球LGBTQ市场规模将达到5.4万亿美元。如今，Tinder、Bumble、Hinge等海外众多社交应用也已逐渐融入同性社交板块，以抢占LGBTQ市场份额。 外界认为赤子城科技参与蓝城兄弟私有化，有望接下来快速进入规模庞大的全球LGBTQ社交赛道，获得更多发展空间和可能性。 来源：南京赤紫文化发展有限公司 南京赤紫文化发展有限公司是由多位专业财经媒体人组建的新锐媒体平台，致力于赋能全球互联网经济参与者，以全球化视角，观察新经济蓬勃发展的浪潮，提供更有价值的行业分析、公司解读和人物故事。 文件: 蓝城兄弟完成私有化交割，赤子城科技参与交易 2022-08-15 此新闻稿由EQS Group via SEAPRWire.com转载。本公告内容由发行人全权负责。原文链接: http://www.todayir.com/sc/index.php
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Sarawak Consolidated Industries Berhad Signs MoU for Indonesian 4G Telco Tower Project ACN Newswire

Sarawak Consolidated Industries Berhad Signs MoU for Indonesian 4G Telco Tower Project

August 3, 2022
KUCHING, MALAYSIA, Aug 3, 2022 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) has entered into a Memorandum of Understanding (MoU) with PT. Semesta Noor Berkarya (SNB) and PT. Envy Manajemen Konsultansi (EMK) to explore the formation of a partnership in relation to the construction of 4G telecommunications towers for Indonesia's outermost regions.Rosland bin Othman, Managing Director and Chief Executive Officer of SCIBUnder the MoU, SCIB will anchor the formation of the partnership as well as providing the corporate management setup. SNB, a state-owned enterprise of the Republic of Indonesia is an engineering, procurement and construction specialist with expertise in handing large-scale domestic projects, will build and install the 4G telecommunications towers, including site survey and acquisition as well as other supporting infrastructure works. EMK, which is involved in business advisory, consultation, project management and other corporate management activities, will provide project management services through operational and technical supervision.The project, which comes under Indonesia's Telecommunications and Information Accessibility Agency (Bakti), is expected to take three years to complete and involves the construction and installation of 4G telecommunications towers in 3,704 villages. Bakti is an agency under the Ministry of Communication and Information Technology tasked to provide the telecommunications network.Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said, "We look forward to working with SNB and EMK on the project, which is part of the push to provide internet accessibility to Indonesia's outermost, remote and underdeveloped areas as part of the country's national digital transformation framework.""SCIB is at a distinct advantage for this project as more than 60% of the proposed sites of the 4G telco towers are located in Kalimantan in Indonesian Borneo, which provides optimal opportunities to synergise our business as our three factories are located in Kuching, Sarawak. The project supports our strategy to diversify geographically by seeking opportunities for our engineering, procurement, construction and commissioning (EPCC) business, and we will certainly take this opportunity to also explore roles in the building of Indonesia's multibillion-dollar new capital at Nusantara."SCIB leverages on its manufacturing business producing building materials as well as Industrialised Building System (IBS) to complement the EPCC business. The Company is the largest precast and IBS manufacturer in East Malaysia with the capacity to produce 500,000 tonnes of building materials annually.Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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CJPT to Begin Construction and Social Implementation of an Energy Management System in Fukushima and Tokyo to Promote Electrified Vehicles JCN Newswire

CJPT to Begin Construction and Social Implementation of an Energy Management System in Fukushima and Tokyo to Promote Electrified Vehicles

July 19, 2022
TOKYO, Jul 19, 2022 - (JCN Newswire via SEAPRWire.com) - Commercial Japan Partnership Technologies Corporation has announced today that, in collaboration with its partners, it will begin the construction and social implementation of an energy management system in Fukushima Prefecture and Tokyo in January 2023, to promote the widespread use of electrified vehicles.Since it was founded in April 2021, CJPT has been been considering initiatives at logistics sites to contribute to achieving a carbon neutral society and reduce the burden on drivers and workers by accelerating the spread of CASE. In order to promote the widespread use of electrified vehicles, consignors, logistics businesses, infrastructure providers, automakers, and other related partners must come together to address sustainability by taking a practical approach. As a result of repeated discussions with many people in various industries, it was decided to begin social implementation projects in Fukushima and Tokyo.The introduction of commercial electric vehicles imposes an increasing burden on society as a whole, not only in terms of vehicle purchase, but also in terms of downtime for cargo and vehicles due to recharging and hydrogen filling and an increase in peak electricity demand at business sites due to uneven recharging timing. Commercial electrified vehicles will be introduced in this social implementation project, including heavy-duty fuel cell electric trucks (heavy-duty FC electric trucks) for main line transportation and mini-commercial van electric vehicles (mini-commercial van BEVs) for last mile deliveries. In addition, energy management integrated with commercial vehicle operation management will lead to reductions in overall burden on society and CO2 emissions.Through this initiative, CJPT will increase the movement toward carbon neutrality of the whole society and, together with its partners, take on the challenges it is facing as opportunities for industrial development and the strengthening of international competitiveness.*This social implementation, which aims to commercialize an energy management system and operate it in the real world, is partly executed as the "Green Innovation Fund/ Building Smart Mobility Society", a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO), a national research and development agency.For more information, visit https://global.toyota/en/newsroom/corporate/37544407.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Global Portfolio and Work Management Leader Planview Expands with Asia Pacific Headquarters in Singapore; Two Asian Tech Veterans to Lead Regional Operations out of Singapore ACN Newswire

Global Portfolio and Work Management Leader Planview Expands with Asia Pacific Headquarters in Singapore; Two Asian Tech Veterans to Lead Regional Operations out of Singapore

July 7, 2022
SINGAPORE and AUSTIN, Texas, Jul 7, 2022 - (ACN Newswire via SEAPRWire.com) - Planview, a global leader in Portfolio Management and Work Management, today announced the establishment of its regional headquarters in Singapore. The expanded Asia Pacific operations will support the growing demand for software solutions to accelerate agility and business transformation.The business disruptions accelerated by global events over the past year, together with major changes in work culture, processes, and business demands, have exposed the weaknesses of 'digital transformation' initiatives around the world, including in Asia.Despite investments in new technology and methodologies, disconnects in the operating environment have shown that many of these transformation initiatives have fallen short, Razat Gaurav, Chief Executive Officer at Planview, said at the launch of its regional headquarters."After a surge in digital transformation investments for over a decade, most transformation initiatives have failed to yield the rapid insights, innovation, and deep connectivity needed to respond to the multiple challenges faced in recent times.Business initiatives have become more complex across multiple locations, with shorter business cycles and much less predictability. It's critical that employees across the business can see how their work connects to the organisation's strategic outcomes and are enabled to make fast decisions on the front lines while staying on point strategically. To do so, the C-suite needs software that can facilitate agility, empower, measure individual and team outcomes, and offer visibility, all while achieving a holistic vision," Gaurav said.Named a leader in both the 2022 Gartner Magic Quadrant for Enterprise Agile Planning Tools[1] and the 2022 Gartner Magic Quadrant for Strategic Portfolio Management[2], Planview addresses these gaps through solutions that enable strategic alignment to support organizations on their transformation journeys.Planview was acquired for US$1.6 billion in December 2020 by TPG Capital, the private equity platform of global alternative asset firm TPG, and TA Associates, a leading global growth private equity firm. In the last six quarters, Planview has acquired four companies to enhance its leadership in how companies drive on-strategy delivery at speed and accelerate the achievement of what matters most.The launch of the APAC office is taking place just days after Planview completed its acquisition of Tasktop, a pioneer and leader in Value Stream Management (VSM). Based in Vancouver, Canada, Tasktop was founded by Dr. Mik Kersten, author of best-selling Project To Product: How to Survive and Thrive in the Age of Digital Disruption with the Flow Framework. Kersten is now Planview's Chief Technology Officer.After completing the Tasktop acquisition, Planview now has 1,300 employees, more than 4,500 customers, and over 2.6 million users worldwide.Planview's operations in the region will be led by Managing Director and President for APAC, Vishal Dhawan, and Head of Strategy, Marketing and Alliances for APAC, Harsh Vardhan. The former is an Indian national and a Singapore permanent resident and the latter is a naturalised Singaporean."Our expanded footprint in APAC will allow us to support global clients at a time of increasing business activity in the world's fastest-growing economic region. We already have major customers in Australia and Southeast Asia, and will increase our presence through partnerships with consulting and transformation firms, as well as global systems integrators," said Dhawan. "We also intend to collaborate with Asian institutes of higher learning to help build future leaders equipped to handle agile planning."[1] Gartner, Magic Quadrant for Enterprise Agile Planning Tools by Bill Blosen, Mike West, Keith Mann, Deacon D.K. Wan, Akis Sklavounakis, Hassan Ennaciri, and Sarah Davies, April 25, 2022.[2] Gartner, Magic Quadrant for Strategic Portfolio Management by Anthony Henderson and Daniel Stang, April 18, 2022. About PlanviewPlanview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview's full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.Media inquiriespr@planview.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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