Ingredion Promotes Anthony DeLio to Senior Vice President, Corporate Strategy and Chief Innovation Officer

January 23, 2018, 1:00 am

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WESTCHESTER, Ill., Jan 23, 2018 - (ACN Newswire) - Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, announced today that Anthony DeLio has been promoted to senior vice president, corporate strategy and chief innovation officer. Martin Sonntag, current senior vice president strategy and global business development, will be leaving the Company to pursue other career interests. Both changes will be effective March 1, 2018.

Currently senior vice president and chief innovation officer, DeLio will be responsible for further developing the Company's strategy, identifying growth opportunities and pursuing partnerships and acquisition opportunities. Additionally, he will continue to oversee Ingredion's global research and development function and its innovation initiatives. DeLio's promotion is expected to be approved by the board of directors at its February meeting.

DeLio joined Ingredion in 2006 as divisional vice president and general manager, North America of the then National Starch business, and was appointed vice president, innovation in 2008. DeLio became senior vice president and chief innovation officer in 2011. Prior to Ingredion, he held senior leadership positions with ADM, Mars Inc. and Nestle. He holds a bachelor's degree in chemical engineering from Rensselaer Polytechnic Institute.

"Under Tony's leadership, Ingredion has commercialized a number of innovative ingredient solutions, acquired value-creating technologies and established business partnerships that have given us a competitive advantage. His deep industry experience and keen customer and consumer insights make him the right choice to lead our strategic development going forward," said Jim Zallie, Ingredion CEO.

ABOUT INGREDION

Ingredion Incorporated (NYSE: INGR) is a leading global ingredient solutions provider with 2016 revenues close to $6 billion. We turn grains, fruits, vegetables and other plant materials into value-added ingredients and biomaterial solutions for the food, beverage, paper and corrugating, brewing and other industries. Serving customers in over 100 countries, our ingredients make crackers crunchy, yogurts creamy, candy sweet, paper stronger and add fiber to nutrition bars. Visit Ingredion.com to learn more.

CONTACT:
Investors: Heather Kos, 708-551-2592
Media: Claire Regan, 708-551-2602

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ingredion Incorporated via Globenewswire

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Ingredion Included in Bloomberg Gender-Equality Index

January 23, 2018, 1:00 am

≫ Next: EDICO Holdings Limited Announces Details of Proposed Listing on the GEM of SEHK

≪ Previous: Ingredion Promotes Anthony DeLio to Senior Vice President, Corporate Strategy and Chief Innovation Officer

WESTCHESTER, Ill., Jan 23, 2018 - (ACN Newswire) - Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to diversified industries, today announced that it has been listed on the inaugural 2018 Bloomberg Gender-Equality Index (GEI). Launched today, the reference index measures gender equality across internal company statistics, employee policies, external community support and engagement, and gender-conscious product offerings.

"Championing diversity and inclusion is a global priority for Ingredion and being included on the Bloomberg GEI is an important marker of our progress on our journey," said Jim Zallie, Ingredion CEO. "Diversity and inclusion bring our values to life and enable our growth in this dynamic global economy. There is a compelling value proposition, proven with research and data, that diversity and inclusion lead to improved financial performance, higher levels of innovation and a more talented workforce," he added.

The 2018 GEI includes 104 companies in 24 countries and regions, including firms headquartered in Belgium, Chile, Greece, Ireland, Italy, Singapore and Taiwan. Companies represent 10 sectors, including communications, consumer staples, energy, financials, materials and technology.

"We commend Ingredion and the other 103 companies included in the 2018 GEI for their efforts to create work environments that support gender equality across a diverse range of industries," said Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club. "Their leadership sets an important example that will help all organizations innovate and navigate the growing demand for diverse and inclusive workplaces."

"As investors continue to seek more information on companies' approaches to environmental, social and governance (ESG) factors, the 2018 Bloomberg Gender-Equality Index allows investors to compare companies' commitments to gender equality across industries," said Kiersten Barnet, Deputy Chief of Staff to the Chairman at Bloomberg. "More data and greater transparency in this space will allow investors to make better-informed decisions and help companies better understand their own progress towards gender equality."

Ingredion submitted a social survey created by Bloomberg in partnership with third-party experts Catalyst, Women's World Banking, Working Mother Media, National Women's Law Center, and National Partnership for Women & Families. Those included on this year's index scored at or above a global threshold established by Bloomberg to reflect disclosure and the achievement or adoption of best-in-class statistics and policies.

Both the survey and the GEI are voluntary and have no associated costs. Bloomberg collected this data for reference purposes only. The index is not ranked. For more information on the GEI and how to submit information for next year's index visit https://www.bloomberg.com/professional/sustainable-finance/.

ABOUT INGREDION

Ingredion Incorporated (NYSE: INGR) is a leading global ingredient solutions provider. We turn grains, fruits, vegetables and other plant materials into value-added ingredients and biomaterial solutions for the food, beverage, paper and corrugating, brewing and other industries. Serving customers in over 100 countries, our ingredients make crackers crunchy, yogurts creamy, candy sweet, paper stronger and add fiber to nutrition bars. Visit Ingredion.com to learn more.

ABOUT BLOOMBERG

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength - delivering data, news and analytics through innovative technology, quickly and accurately - is at the core of the Bloomberg Terminal. Bloomberg's enterprise solutions build on the company's core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit www.bloomberg.com or request a demo.

CONTACT:
Investors: Heather Kos, 708-551-2592
Media: Claire Regan, 708-551-2602

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ingredion Incorporated via Globenewswire

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EDICO Holdings Limited Announces Details of Proposed Listing on the GEM of SEHK

January 23, 2018, 1:20 am

≫ Next: UMS Holdings Acquires 29.5% Stake in Catalist-Listed JEP Holdings to Expand into High-Growth Aerospace Sector

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Offering of 250,000,000 Shares through Share Offer and Offer Price Ranging from HK$0.20 to HK$0.24 per Share

HONG KONG, Jan 23, 2018 - (ACN Newswire) - EDICO Holdings Limited ("EDICO" or the "Group"; Stock Code: 8450), a financial printing company in Hong Kong, has announced the details of its proposed listing on the Growth Enterprise Market ("GEM") of The Stock Exchange of Hong Kong Limited ("SEHK").

Offering Details
EDICO intends to offer a total of 250,000,000 shares. The Share Offer comprises an offer of 25,000,000 shares under the Hong Kong Public Offer (subject to reallocation) and 225,000,000 shares under the International Placing (subject to reallocation and the offer size adjustment Option) at an indicative Offer Price ranging from HK$0.20 and HK$0.24 per Offer Share. After deduction of relevant expenses and assuming an Offer Price of HK$0.22 per Offer Share, being the mid-point of the proposed Offer Price range of HK$0.20 to HK$0.24 and assuming the Offer Size Adjustment Option is not exercised, proceeds are estimated to be approximately HK$32.2 million.

The Public Offering has commenced today (23 January 2018) and will end at noon on 26 January 2018 (Friday). The final Offer Price and results of allocation will be announced on 1 February 2018 (Thursday). Trading of EDICO's shares will commence on the GEM of SEHK on 2 February 2018 (Friday) under the stock code 8450. Shares will be traded in board lots of 10,000 shares. Giraffe Capital Limited is the Sole Sponsor while Koala Securities Limited is the Sole Bookrunner and Joint Lead Manager and Yellow River Securities Limited is the Joint Lead Manager of the listing.

Investment Highlights
As one of the top 10 largest financial printing companies in Hong Kong , the Group provides a wide range of integrated financial printing services to customers both by engagement of specific service and on an integrated project basis. The Group strive to provide customised and premium design services to customers with its design capabilities widely recognised by more than 200 international awards. With an in-house translation team, the Group can flexibly allocate translation works between their in-house translation team and translation subcontractors, which enables better utilisation of internal resources and more effective control over operation costs.

Led by a stable and experienced management team with most of its department heads having more than ten years of experience in the financial printing industry, and with the continuous growth of the IPO market in Hong Kong and increasing number of listed companies in the SEHK, the management team of EDICO is confident that it can continue to grow and maintain its competitiveness in Hong Kong in the future.

Future Strategies
Upgrading Central office facilities and setting up new office
EDICO intends to relocate its Kowloon office to a new office of about 4,000 - 5,000 sq ft in Central and Western District in August 2018. The close proximity between the new office and the existing Central office could enable centralisation of various offices on Hong Kong Island for optimising business operations and increase operational efficiency by enhancing communication between offices. The Group also plans to upgrade the Central office to enhance its competitiveness, including renovating the office premises and upgrading conference room equipment.

Expanding workforce
EDICO values its employees and believes that they are an important strategic resource for success and development. The Group intends to continue providing training to its staff to improve their skills and develop their potential as well as offer various staff benefits. The Group will also recruit experienced and motivated sales representatives, operations staff and translators to accommodate the growing needs of customers and requests for customised services.

Upgrading and acquiring equipment and software
Equipment and information technology are essential integral resources for the continual provision of EDICO's services. The Group relies on its project management system, Prodo, to manage projects and other third party software to prepare and handle documents requested by customers. The Group also uses specific design software to prepare creative content output. EDICO intends to upgrade and acquire more technology equipment and software in order to strengthen its market position and differentiate itself from its competitors and enhance competitiveness.

Use of Proceeds
Assuming an Offer Price of HK$0.22 per share (being the mid-point of the indicative Offer Price range) and that the Offer Size Adjustment Option is not exercised, after deduction of underwriting fees and estimated expenses payable by the Group in relation to the share offer, net proceeds are estimated at approximately HK$32.2 million and will be used to:

Item / Percentage
Upgrading Central office facilities and setting up new office: 48.4%
Expanding workforce: 26.0%
Upgrading and acquiring equipment and software: 15.6%
General working capital: 10.0%
Total: 100%

Financial Highlights
(HK$'000) Year ended 30 September
2015 2016 2017
Revenue 65,329 76,725 84,155
Gross profit 36,260 42,755 48,891
Gross profit margin 55.5% 55.7% 58.1%
Profit for the year 10,633 10,754 10,216

About EDICO Holdings Limited
Established in 2009, EDICO is a financial printing services provider in Hong Kong that is principally engaged in providing 24-hour integrated printing services in Hong Kong for customers mainly in the financial and capital markets. According to Ipsos Report, the Group is ranked ninth among financial printing services providers in Hong Kong in 2016 in terms of total revenue contributed by the industry. The Group offers a wide range of integrated printing services. Its customers are mostly listed companies or companies applying to be listed on the Stock Exchange of Hong Kong therefore it mainly handles (i) listing-related documents; (ii) periodical reporting documents required by the HKEx to be published in accordance to the Listing Rules and the GEM Listing Rules; (iii) compliance documents such as announcements and circulars; and (iv) other miscellaneous and marketing collaterals.

Media Enquiries:
Strategic Financial Relations Limited
Vicky Lee Tel: (852) 2864 4834 Email: vicky.lee@sprg.com.hk
Jessica Siu Tel: (852) 2114 2820 Email: jessica.siu@sprg.com.hk
Queenie Chan Tel: (852) 2864 4851 Email: queenie.chan@sprg.com.hk
Website: www.sprg.com.hk

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UMS Holdings Acquires 29.5% Stake in Catalist-Listed JEP Holdings to Expand into High-Growth Aerospace Sector

January 22, 2018, 6:00 pm

≫ Next: Global adspend growth to accelerate to +4.7% in 2018, reaching a total of US$572bn

≪ Previous: EDICO Holdings Limited Announces Details of Proposed Listing on the GEM of SEHK

Investment is part of the Group's strategy to diversify its revenue base beyond semiconductors into other high-growth sectors

SINGAPORE, Jan 23, 2018 - (ACN Newswire) - SGX Mainboard-listed UMS Holdings Limited ("UMS" or "The Group") has today acquired 29.5% or 429,864,300 ordinary shares of Catalist-listed JEP Holdings Ltd ("JEP") for a total sum of S$28,161,428. The acquisition, made fully in cash and funded by internal resources, is part of UMS' strategy of diversifying its revenue and income base into high-growth sectors beyond the semiconductor industry.

"Our acquisition of JEP is both strategic and synergistic for our Group as it offers us direct and immediate capacity into high-growth sectors such as the aerospace industry. JEP is a leading solutions provider of precision machining and engineering services, with a primary focus on the aerospace industry. About 80 per cent of the company's business is in aerospace, with the remainder coming from the semiconductor and oil and gas industries. This will enable us to increase our customer base beyond semiconductor players and tap the wealth of growth opportunities in these new sectors," said Mr Andy Luong, UMS Chairman and CEO.

JEP has over 30 years of operating history, with a strong value chain to provide seamless manufacturing solutions. The JEP Group's main operating subsidiary, JEP Precision Engineering Pte Ltd ("JEPS"), is also accredited with AS9100, OSHAS, and NADCAP. JEPS has built a solid track record as a reliable contractor for aerospace components since beginning operations in 1990, and is now part of the global supply chain for the world's leading aircraft manufacturers.

Headquartered in Singapore, JEP operates out of four facilities equipped with high tech machinery for manufacturing and the provision of secondary processes related to engineering services.

JEP recently opened its new 200,000 sq ft state-of-the-art facility in Seletar Aerospace Park., which also offers UMS additional production capacity for immediate expansion to capitalise on the current semiconductor industry boom.

JEP also provides tooling services and distribution.

"The aerospace industry has a long runway for growth. With our investment in JEP, which has both an excellent track record and strong customer base in aerospace, we are well-placed to accelerate our diversification strategy and grow our revenues in the coming years," added Mr Luong. "Both UMS and JEP can combine our strengths and maximise operational synergies to capture growth opportunities in new markets such as China. JEP has already set up a joint-venture company in Kunshan, China to provide precision machining and engineering services to the bullish aerospace sector in China."

The aviation sector in Singapore is set to boom in the coming years. According to Civil Aviation Authority of Singapore (CAAS) which recently unveiled its Air Industry Transformation Map (ITM), the aviation sector here aims to grow real value-add from about S$7 billion today by another S$1 billion by 2020*.

At the unveiling of the Air Industry Transformation Map (ITM) on April 20, 2017, Singapore's Second Minister for Transport Ng Chee Meng revealed that the government is investing S$500 million in the sector over the next three years. This investment is through the Aviation Development Fund, which is focused on partnerships with local companies and small and medium enterprises (SMEs) to develop and export 'designed in Singapore' aviation products. More projects are in the pipeline, while the government stands ready to commit more resources to boost this industry*.

Research firm - Frost & Sullivan has also forecast that globally, there will be 38,050 aircraft deliveries between 2015-2034; most of which will be in Asia Pacific (APAC) region. Asia Pacific will become the world's second largest region for aircraft maintenance, repair and overhaul (MRO) services by 2024*.

*Source:
Channel News Asia - April 20, 2017
Frost & Sullivan-Aviation Market outlook-Q1 2016

About UMS Holdings Limited

Incorporated in Singapore on January 17, 2001, UMS Holdings Limited is a one-stop strategic integration partner providing equipment manufacturing and engineering services to Original Equipment Manufacturers of semiconductors and related products.

The Group is in the business of front-end semi-conductor equipment contract manufacturing and is also involved in complex electromechanical assembly and final testing devices. The products we offer include modular and integration system for original semiconductor equipment manufacturing. Other industries that we also support include the electronic, machine tools and oil and gas.

Headquartered in Singapore, the Group has production facilities in Singapore, Penang, Malaysia as well as Texas and California, USA.

Issued on behalf of UMS Holdings Limited

For more information, please contact:
Ms. Tham Moon Yee - tmy@stratagemconsultants.com
Mr. Soh Tiang Keng - tksoh@stratagemconsultants.com
Stratagem Consultants Pte Ltd:
Tel: +65 6227 0502
Fax: +65 6227 5663

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Global adspend growth to accelerate to +4.7% in 2018, reaching a total of US$572bn

January 22, 2018, 10:00 pm

≫ Next: Bhiraj Office REIT (BOFFICE) began SET trading today

≪ Previous: UMS Holdings Acquires 29.5% Stake in Catalist-Listed JEP Holdings to Expand into High-Growth Aerospace Sector

WARC global ad spend outlook by region & key market chart

Mobile was the only medium to gain ad spend share in 2017 chart

Global Ad Trends - A focus on advertising expenditure

LONDON, Jan 23, 2018 - (ACN Newswire) - WARC, the international marketing intelligence service, has released its latest monthly Global Ad Trends report digesting up-to-date insights and evidenced thinking from the worldwide advertising industry.

Focusing on advertising expenditure in 96 markets, this latest Global Ad Trends report includes key trends in spending patterns by media and geography since 2009, a round-up of 2017, as well as full-year projections for 2018.

Global advertising expenditure growth to accelerate to +4.7% in 2018

Global growth is forecast at 4.7% to a total of US$572bn this year, boosted by the PyeongChang Winter Olympics, FIFA World Cup, US mid-term elections and reduced dollar volatility in emerging markets.

Growth in North America (+5.0%), Asia-Pacific (+6.0%) and Western Europe (+2.6%) is expected to hasten in 2018, while Central and Eastern Europe (+8.4%) and Latin America (+7.0%) will continue to expand at a strong rate. Advertising spend across the Middle East and Africa is expected to dip once more (-4.1%), though at a lesser rate than in previous years.

Global advertising expenditure rose 3.0% to US$546bn in 2017

Global advertising spend rose 3.0% to US$546bn in 2017, according to new projections based on data for 96 markets. The growth rate in 2017 represents a slowdown from the 3.8% rise recorded in 2016, partially owing to weaker growth in the United States (which accounts for 34% of the value of advertising worldwide).

The slowdown in the US contributed to an easing in growth across North America as a whole. Adspend in the region rose 3.3% to US$199.6bn in 2017 (compared to 8.0% growth in 2016). Growth in the world's second-largest ad region, Asia-Pacific, also cooled (+4.3% to US$162.8bn in 2017 vs +5.3% in 2016), as growth in Japan (23% of the regional total) was muted by a weaker Yen. The Chinese ad market - which accounts for 41% of Asian and 12% of global advertising spend - expanded by 4.7% to US$66.7bn last year, propelled by rapidly increasing spend on mobile ads.

North America and Asia-Pacific account for two-thirds of global advertising expenditure combined. Outside of these regions, fortunes were mixed. Spend in Western Europe (20% of the global total) rose by just 0.2% to US$109.9bn in 2017, matching the rate recorded in 2016. Conversely, advertising spend in Central and Eastern Europe grew by 14.5% to US$21.2bn in 2017, making it the fastest-growing region last year. The Latin American ad market returned to growth (+9.4% to US$31.2bn in 2017) after a 4.4% decline in 2016, but advertising spend in the Middle East and Africa fell for a second year (down 10.5% to US$21.7bn in 2017 versus an 11.3% dip in 2016) due to political instability and the impact of a weaker trade price on oil-reliant economies.

Mobile was the only medium to gain share of global advertising expenditure in 2017, and is now the world's second-largest ad channel

Mobile increased its share of global advertising expenditure by an estimated 5.9 percentage points (pp) to 20.6% in 2017, equivalent to US$112bn (up 44.5% year-on-year). Approximately 45% of mobile advertising spend is based in the US, where US$156 dollars per capita is spent on mobile ads.

Mobile is thought to have been the only media channel to have gained share year-on-year. Estimates indicate that mobile overtook desktop internet for the first time in 2017, as spend on desktop ads was thought to have taken a share of 18.3% (down 1.9pp year-on-year).

The largest media channel, TV, is estimated to have registered a 1.4pp dip in 2017, taking a share of 36.5% of the global adspend total (US$199.5bn). Print continues to lose share, the channel was down an estimated 2.2pp in 2017 to 12.5%. Since 2009, print has recorded a massive 21.5pp decrease in its share of global adspend, and has lost an average US$11.5bn each year since 2012.

Out of home's share dipped by 0.1pp to 5.7% in 2017, while cinema's share held at 0.7% and radio was down by an estimated 0.2pp to 5.7%.

James McDonald, Data Editor, WARC, says: "2018 should be a stellar year for global advertising, with ad investment set to grow at its strongest rate since the post recovery years of 2010 and 2011. All global regions, with the exception of the Middle East, are expected to register growth, supported by key quadrennial events - notably the Winter Olympics in South Korea, the FIFA World Cup in Russia and the US mid-term elections."

He added, "Mobile is now a key driver of global growth, and was the only channel to gain share of spend in 2017 - it now accounts for one in five ad dollars worldwide. Nevertheless, traditional media still attract 61% of global ad investment, and TV and out of home will be among the main benefactors of increased brand and political campaign spending this year."

A round-up of advertising expenditure trends and media projections

- 3.0% rise in global adspend last year, to a total of US$546bn
- 4.7% growth forecast for global adspend this year, reaching US$572bn
- 18% - search's share of global adspend in 2017
- 40% average growth rate in online video spend since 2013
- 45% of global mobile adspend in 2017 was based in the US
- 61% of global adspend in 2017 (US$334.1bn) invested in traditional media

Other new key media intelligence on WARC Data

- More ad dollars go to TV networks (US$199.5bn) than the Facebook/Google duopoly (US$133.2bn)
- TV adspend outweighs online video by a ratio of 6:1
- At US$65.8bn, sponsorship will overtake print to become the fourth-largest ad medium in 2018

Global Ad Trends is part of WARC Data, a newly enhanced dedicated online service featuring current advertising benchmarks, data points, ad trends and user-generated expanded databases.

Aimed at media and brand owners, market analysts, media, advertising and research agencies as well as academics, WARC Data provides current advertising and media information, hard facts and figures - essential market intelligence for ad industry related business, strategy and planning required in any decision making process.

WARC Data is available by subscription only. For more information visit www.warc.com/data.

About WARC

- your global authority on advertising and media effectiveness

warc.com is an online service offering advertising best practice, evidence and insights from the world's leading brands. WARC helps clients grow their businesses by using proven approaches to maximise advertising effectiveness. WARC's clients include the world's largest advertising and media agencies, research companies, universities and advertisers.

WARC hosts four global and two regional case study competitions: WARC Awards, WARC Innovation Awards, WARC Media Awards, The Admap prize, WARC Prize for Asian Strategy and WARC Prize for MENA Strategy.

WARC also publishes leading journals including Admap, Market Leader, the Journal of Advertising Research and the International Journal of Market Research. In addition to its own content, WARC features advertising case studies and best practices from more than 50 respected industry sources, including: ARF, Effies, Cannes Lions, ESOMAR and IPA.

Founded in 1985, WARC is privately owned and has offices in the UK, U.S. and Singapore.

Contact:
Amanda Benfell
PR Manager
+44 20 7467 8125
amanda.benfell@warc.com

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Bhiraj Office REIT (BOFFICE) began SET trading today

January 22, 2018, 11:00 pm

≫ Next: Ceremony of 'Quamnet Outstanding Enterprise Awards 2017' Successfully Held on 18 January 2018

≪ Previous: Global adspend growth to accelerate to +4.7% in 2018, reaching a total of US$572bn

With potential office building project in High-End Mixed-use Commercial Complex at the center of Sukhumvit business district

BANGKOK, Jan 23, 2018 - (ACN Newswire) - Bhiraj Office Leasehold REIT, or SET: BOFFICE, opened for trading on the Stock Exchange of Thailand (SET) today, 23 January, and was well received by both institutional and retail investors after the initial public offering price was set at 10 Baht per unit. The investment highlights are quality, as the Grade A office building has been designed as a Mixed-use Commercial Complex; location, situated adjacent to the EmQuartier shopping complex at the center of the Sukhumvit business district; and high growth potential, from the outstanding rental rates.

Mr. Attakorn Netneramitdee, Managing Director of Bhiraj REIT Management Co.Ltd., confirmed Bhiraj Office REIT (BOFFICE), for its initial investment, invests in long-term leasehold right of the BHIRAJ TOWER at EmQuartier. The leasehold right covers office area for rent, parking area, common office area and utility system area for the project - totaling 94,853 square meters. The leasehold period is approximately 26 years and 9 months, starting from the expected date to invest of 1 January 2018 until ended on 30 September 2044.

The BHIRAJ TOWER at EmQuartier is one of the quality projects developed by BHIRAJ BURI GROUP, committed to creating value through developing quality projects. BHIRAJ TOWER was built with a vision of creating an outstanding Grade A office building in CBD of Sukhumvit area that has direct connection to the BTS sky train, Prompong station. Additionally, as a Mixed-use Commercial Complex located in the same area as the EmQuartier shopping center, BHIRAJ TOWER at EmQuatier is situated among many convenient facilities. With its prominent location, BHIRAJ TOWER at EmQuartier has been winning tenants since its launch in March 2015, allowing the project to reach the very high 98.7% occupancy rate from the total leased space of 49,700 square meters, as of 30 September 2017.

Mr. Taweechai Tangthanasup, Head of Investment Banking, TISCO Securities Company Ltd, Co-Financial Advisor and Co-Lead Underwriter, said that the asset in which Bhiraj Office REIT (BOFFICE) will invest is a quality project that is expected to generate attractive revenue with high growth potential, considering its high quality as Grade A office building, high quality tenant portfolio ranging from small businesses to large multi-national corporations with well diversified industry of tenants, for example, consumer goods, E-Commerce, and pharmaceutical companies etc., allowing the project to achieve stable performance without dependency on a particular group of tenants. Given aforementioned strengths and its prime location, the rental rate and performance of the asset are likely to grow consistantly in the future, making this offering a good opportunity for the trust unitholders of Bhiraj Office REIT to gain consistent returns on a long-term investment.

Mr. Sawit Srisaranyapong, Chief of Investment Banking Business Division, Kasikornbank Public Company Limited, Co-Financial Advisor and Co-Lead Underwriter, said that BHIRAJ TOWER at EmQuartier is one of the high growth potential projects under BHIRAJ BURI GROUP. It is operated by Bhiraj Management Company Limited, a property management company with extensive experience and expertise from operating several real estate projects, for example, Bangkok International Trade and Exhibition Centre (BITEC), United Business Centre II (UBC II), and BHIRAJ TOWER at BITEC. With such well-managed, it is another key factor that the BHIRAJ TOWER at EmQuartier has been well received by all tenants.

Contact:
For Bhiraj Buri Group,
Orn-anong Pattaravechakul (Fah)
MT Multimedia Co. Ltd.
Phone: +66-86-884-4458,
+66-86-801-8888 or +66-2-612-0281 ext 129
Email: ornanong.p@mtmultimedia.com

↧

Ceremony of 'Quamnet Outstanding Enterprise Awards 2017' Successfully Held on 18 January 2018

January 22, 2018, 11:48 pm

≫ Next: K W Nelson Announces 2017 Annual Results

≪ Previous: Bhiraj Office REIT (BOFFICE) began SET trading today

Group photo of Oceanwide Financial Management, Guests of Honour and Sponsors.

In recognition of exceptional performance of 23 enterprises, elites from business community, media from local and China support with kind effort

HONG KONG, Jan 23, 2018 - (ACN Newswire) - The award presentation ceremony of Quamnet Outstanding Enterprise Awards 2017 (QOEA), organized by Quamnet, successfully held on 18 January 2018 at The American Club Hong Kong. Representatives of awarded companies, distinguished guests, business elites gathered to honor the remarkable achievements of outstanding enterprises.

Stepping towards its 9th year; Excellent companies flourishes in QOEA

Since 2009, Quamnet has been organizing Quamnet Outstanding Enterprise Awards (QOEA), which has committed to appraise outstanding enterprises for their success with rigorous assessment. Remarking its ninth year, with the theme of "Dedication to Achievement", QOEA aims to acknowledge and recognize all winning companies for their devotion in making remarkable achievements and thus creating values for Hong Kong economy.

A total of 23 awards were presented in recognition of the achievements of enterprises covering different sectors and industries.

Among the winners, 14 enterprises awarded in the previous years, won the awards again, including Agile Group Holdings Limited, The Bank of East Asia, Limited, Censere Group, China CITIC Bank International Limited, China Construction Bank (Asia), China Life Trustees Limited, Chow Tai Fook Jewellery Group Limited, CITIC Telecom International CPC Limited, K. Wah International Holdings Limited, Kerry Logistics, Macquarie Capital Limited, New World Development Company Limited, Transamerica Life (Bermuda) Ltd, Yuexiu Transport Infrastructure Limited. Meanwhile, 9 enterprises were awarded for the first time, including China CITIC Bank International Private Banking, China LotSynergy Holdings Limited, China Unicom Global Limited, Dah Chong Hong Holdings Limited, Dah Sing Bank, Limited, E Fund Management (HK) Co., Ltd, HNA Group (International) Company Limited, Shanghai Pudong Development Bank Co. Ltd. Hong Kong Branch and Union Medical Healthcare Limited.

Grand occasion celebrated and embraced by business community

At the ceremony, Mr. Stacey Wong, Chief Operating and Risk Officer of Oceanwide Financial Group, said, "With this year's theme of "Dedication to Achievement", we strongly believe that enterprises have shown their determination to achieve success and creating values for business community and society as a whole with their capability and commitments in sustainable development." Meanwhile, Mr. Chris Wu, Chief Financial Officer of Oceanwide Financial Group, appreciated the support from award presenters, added, "The Awards have set a benchmark for both the industry and the business community to become aware of the efforts of the awarded companies, in turn, it enhances Hong Kong's long-established image of business and financial center in the world."

Quamnet was honored to invite Ms. Lee Sai Yin Jeanne, JP, Chairman of The Hong Kong Securities Professionals Association, Dr. Victor S K Lee, Executive Director of The Hong Kong Management Association, Mr. Li Chan Wing, Professional Corporate Trainer, Mr. Benny Mau, Permanent Honorary President of Hong Kong Securities Association, Hon Charles Mok, JP, Legislative Councillor (IT) of HKSAR, Mr. Vincent Tang, Associate Director-General of Investment of InvestHK, Dr. Gordon Tsui, Vice Chairman of Hong Kong Securities Association, Mr. Mike Wong, Chief Executive Officer of The Chamber of Hong Kong Listed Companies, as our guests of honor to witness the glorification of the outstanding enterprises.

Ms. Lee Sai Yin Jeanne, JP said she was pleased to attend the award presentation ceremony. She added, "To accomplish great things amid the competitive environment, winning companies did not only act, but also dreamed for a better scope of opportunities." Dr. Victor S K Lee was pleased to witness the growing number of enterprises being acknowledged by this Awards, which definitely enhances the reputation of the business community in Hong Kong. Mr. Li Chan Wing noted that the award recipients, showcase the diversity of Hong Kong's economy and ample opportunities.

Mr Benny Mau, stated "I am glad to witness the awarded companies this year have demonstrated their strong competitiveness and determination to success among the industry peers." Hon Charles Mok, JP , said "Not only does Quamnet Outstanding Enterprise Awards offer a grand occasion to celebrate the remarkable moments of these awarded companies, it also provides a valuable opportunity for the industry peers to learn and to strive for a better future together." Mr. Vincent Tang, Associate Director-General of Investment of InvestHK said he is excited to find that some winners have long been established in Hong Kong, that have been leading the business community and the society to hold on together to a brighter future.

Dr. Gordon Tsui, added "Awardees this year has shown their determination and dedication in business innovation, market intelligence, capital expansion, corporate governance and sustainability, that they have motivated the society to move forward on a path toward greater developments." Mr. Mike Wong, said enterprises in Hong Kong are reputed for their swiftness in adapting to the fast-changing business environment, reflecting their flexibility and ability in identifying new business opportunities.

Keys to success of outstanding enterprises

Agile Enhances Brand with Balances in Green Living

With flexibility and promotion on upgraded brand promotion, Agile have significant performance in providing comprehensive living services in line with real estate policies in China. Agile celebrated 25th Anniversary in 2017 and it marked the extensive presence in the diversified business development of multi-dimensional services. The results have been extraordinary and it sets a new benchmark for the China real estate market.

Mr. Samson Chan, Senior Manager of Investor Relations and Corporate Affairs of Agile Group Holdings Limited, was pleased to tell that the company has been awarded Outstanding China Real Estate Enterprise again, he stated that the Company will adhere to focus on property development supported by a diversified range of businesses, and dedicate to offer comprehensive lifestyle solutions for the society.

China CITIC Bank International's Multi-Dimensional Development Aspiring to be the "China Bank of Choice"

China CITIC Bank International has long been providing professional integrated banking and wealth management services and is committed to delivering comprehensive wealth management and succession solutions. With their excellent services, China CITIC Bank International is awarded two awards by Quamnet Outstanding Enterprise Awards, namely Outstanding Private Banking Service 2017 and Outstanding Wealth Management Bank 2017.

Mr. Alfred Lau, Deputy General Manager & Head of Investment Advisory, Private Banking Management, said "it is our pleasure to be honoured. Both Private Banking and Wealth Management are the main focuses of our business. The awards definitely was a recognition of the company's contribution in the past year, further motivated us to reach higher in the future. We will continue its progress and pursue to be the 'China Bank of Choice'".

With Integrated Distribution and Trading, Dah Chong Hong Creates Intrinsic Value for Society

As a long-established trading and distribution company in Greater China and Southeast Asia, Dah Chong Hong has successfully provided quality products and strategic distribution solutions for nearly 70 years, creating extraordinary value for the community. Ms Kitty Fung, Executive Director and Chief Financial Officer of Dah Chong Hong Holdings Limited thanked Quamnet for recognizing the company as an Outstanding Integrated Distribution and Trading Enterprise in 2017, noting that the award was a great encouragement to the company for its contribution and progress.

Ms Kitty Fung, added that Dah Chong Hong will continue to strive for a better future and pursue sustainable growth on behalf of all its stakeholders. With the generous support of CITIC Pacific, she strongly believes that Dah Chong Hong will have a prosperous future in cooperation and partnership with the community of Hong Kong.

KWIH committed to the highest standard of corporate governance and transparent communication

K. Wah International Holdings Limited ("KWIH"), listed in Hong Kong, is an integrated property developer and investor with a foothold in Hong Kong, the Yangtze River Delta and Pearl River Delta regions. Its property projects are built with an uncompromising standard to excellence and quality.

This year, KWIH garnered the Outstanding Corporate Governance Award for the 2nd consecutive year in recognition of its outstanding achievements in maintaining a high standard of corporate governance and reinforcing proactive and regular stakeholder communication.

The Group called off its 2017 interim results announcement press conference and investor presentation as a typhoon signal No. 10 happened to batter the city right on the day. Nevertheless, thanks to a team of experienced staff members who reacted timely enough to formulate a contingency plan beforehand - and that enabled a smooth board meeting via teleconferencing and the Directors had no physical or geographically constraints to obtain an agreement on the interim results. In the meantime, the Group also maintained close communication with the investor and media sectors so as to disseminate the key messages in a timely manner.

KWIH is committed to upholding the highest standard of integrity and accountability as well as to maintaining the best corporate governance practices in order to deliver long-term shareholder value.

Macquarie Adapts to Market Changes, Further Explores Asian Businesses

Macquarie has a long history of participation and presence in the warrant markets in Hong Kong. Embracing its 20th year of issuing warrants in Hong Kong with a solid foundation locally, Macquarie's businesses of warrants and CBBCs have been widely present in many Asian markets such as Singapore, Thailand, Malaysia and Taiwan, enhancing its leading position in Asia markets.

Cater to investors seeking for convenient and efficient information, Macquarie keeps abreast of the time and actively explores e-business services by electronizing investing information. Macquarie aims to provide more instant market trends and allows investors to obtain the most up-to-date information. Meanwhile, Macquarie offers various e-platforms for warrants and CBBCs, including websites, apps and social media. This makes it a warrant issuer which offers the most-diversified investing information among its peers.

SPD Bank Hong Kong Branch Focuses on International Strategy with Liaison between Shanghai and Hong Kong

Nowadays, banks in China are actively looking international development to enhance its competitiveness and global image. The Hong Kong Branch is Shanghai Pudong Development Bank's (SPD Bank) first overseas branch, which is a milestone of the cooperation between Shanghai and Hong Kong. It also demonstrates SPD Bank's resolution of going global. Ms Zhang Li, CEO of SPD Bank Hong Kong Branch, feels honored that the branch has been awarded the Outstanding International Banking Services 2017 by Quamnet. She sees the award as a recognition of SPD Bank's global development and sincere services to customers. Zhang Li said, "2018 is the 25th Anniversary for SPD Bank and with the opening of overseas branches in Singapore etc., SPD Bank will accelerate its pace in international development. In the future, SPD Bank will operate with innovative ideas in financial business, making good use of the opportunities between Shanghai and Hong Kong, fulfilling the financial demand of overseas clients and supporting them to explore more business opportunities.

Grand ceremony well supported by sponsors and media

In addition to a strong lineup of guests, the award presentation ceremony attracted numerous media and sponsors both in Hong Kong and China. Our supporting media partners include our supporting media partners include Metro Daily, Economic Digest, The Standard, JRZJ.com, p5w, Caiguu, CNFOL, CEOFX, StockStar, EastMoney, FXGold, and TOP NEWS. The prizes and product sponsors include Adrien Gagnon, Canon, EyeCare HK, FX Creations, Impact Mints, Numismed, OneHealth and Wing On Travel.

Quamnet Outstanding Enterprise Awards 2017 (Alphabetical Listing by Company Name)

Categories / Award Recipients
1. Outstanding China Real Estate Enterprise 2017 / Agile Group Holdings Limited
2. Outstanding SME Service Provider (Bank) 2017 / The Bank of East Asia, Limited
3. Outstanding Business Appraisal and Valuation Services 2017 / Censere Group
4. Outstanding Private Banking Service 2017 / China CITIC Bank International Private Banking
5. Outstanding Wealth Management Bank 2017 / China CITIC Bank International Limited
6. Outstanding Cross-Border Financial Services 2017 / China Construction Bank (Asia)
7. Outstanding MPF Scheme 2017 / China Life Trustees Limited
8. Outstanding Public Welfare Lottery Company 2017 / China LotSynergy Holdings Limited
9. Outstanding Global Information Service Provider 2017 / China Unicom Global Limited
10. Outstanding Premium Jewelry Brand 2017 / Chow Tai Fook Jewellery Group Limited
11. Outstanding ICT Solution Provider 2017 / CITIC Telecom International CPC Limited
12. Outstanding Integrated Distribution and Trading Enterprise 2017 / Dah Chong Hong Holdings Limited
13. Outstanding Enterprise Transaction Banking Services 2017 / Dah Sing Bank, Limited
14. Outstanding Asset Management Company 2017 / E Fund Management (HK) Co., Ltd
15. Outstanding Valuable Enterprise 2017 / HNA Group (International) Company Limited
16. Outstanding Corporate Governance 2017 / K. Wah International Holdings Limited
17. Outstanding Global 3PL 2017 / Kerry Logistics
18. Outstanding Warrant Issuer 2017 / Macquarie Capital Limited
19. Outstanding Investor Relations 2017 / New World Development Company Limited
20. Outstanding International Banking Services 2017 / Shanghai Pudong Development Bank Co. Ltd. Hong Kong Branch
21. Outstanding Life Insurance Company 2017 / Transamerica Life (Bermuda) Ltd.
22. Outstanding Leader in Medical Service Provider 2017 / Union Medical Healthcare Limited
23. Outstanding Investment and Development of Infrastructure 2017 / Yuexiu Transport Infrastructure Limited

"Quamnet Outstanding Enterprise Awards 2017" Photos
For more photos, please visit Quamnet Outstanding Enterprise Awards website: http://quamedm.quamnet.com/landing/QOEA2017

For enquiry, please contact:
Oceanwide Financial Media Limited
Event & Media
Ms. Jane Chan T: 2217-2906, Email: jane.chan@oceanwidefinancial.com
Ms. Stella Yuen T: 2217-2908, Email: stella.yuen@oceanwidefinancial.com
Mr. Dexter Chan T: 2217-2679, Email: dexter.chan@oceanwidefinancial.com
Ms. Nicola Lung T: 2217-2909, Email: nicola.lung@oceanwidefinancial.com

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K W Nelson Announces 2017 Annual Results

January 23, 2018, 2:12 am

≫ Next: Verisk 3E and Cority Collaborate to Deliver Optimized Solutions for Industrial Hygiene and Workplace Safety

≪ Previous: Ceremony of 'Quamnet Outstanding Enterprise Awards 2017' Successfully Held on 18 January 2018

- Revenue Increases 49.1% to HK$89.3 Million; Net Profit Up by 455.3% to HK$26.1 Million;
- Recommends a Final Dividend of HK0.2 Cent per Share

HONG KONG, Jan 23, 2018 - (ACN Newswire) - K W Nelson Interior Design and Contracting Group Limited ("K W Nelson" or the "Group"; Stock Code: 8411), a Hong Kong-based interior decorator focusing on commercial premises including office and retail space, has today announced its annual results for the year ended 31 December 2017 ("FY2017").

During the year under review, the Group's revenue solidly increased by 49.1% to approximately HK$89.3 million (FY2016: HK$59.9 million). Gross profit rose by 49.2% to approximately HK$38.8 million (FY2016: HK$26.0 million), with gross profit margin at about 43.5%.

The Group's profit attributable to shareholders increased by 455.3% to approximately HK$26.1 million in FY2017 (FY2016: HK$4.7 million). Excluding the non-recurring listing expenses of approximately HK$12.8 million incurred during the year ended 31 December 2016, the Group's profit would have risen by 49.1% to approximately HK$26.1 million for FY2017 (FY2016: HK$17.5 million).

The Group maintains a strong financial position with cash and cash equivalents of approximately HK$71.3 million as at the end of FY2017 (FY2016: HK$44.2 million). The gearing ratio is zero. The Board has recommended payment of a final dividend of HK 0.2 cent per share for the year ended 31 December 2017.

Business Review
The Group provides services including provision of interior design proposals by in-house designers, engaging subcontractors to carry out fitting-out works and coordinating, managing and supervising the fitting-out works by its in-house project managers. The projects can be broadly categorised into (i) design & decoration projects in which the Group is responsible for the tailor-made interior design proposals, project management and fitting-out works; (ii) decoration projects in which we are responsible for project management and fitting-out works; and (iii) other interior design and fitting-out services.

During the reporting year, the Group has achieved impressive increases in revenue and net profit mainly driven by the increase in revenue from design & decoration projects for commercial premises. Looking ahead, the Group is positive about the prospects of the interior design and decoration market and will continue to focus on its core business. In order to maximise the long-term returns to shareholders, the Group intends to devote more resources towards the development of its interior design and decoration business for commercial premises.

Mr. Nelson Lau, Chairman, Chief Executive Director and Executive Director of K W Nelson said, "Since the Group's debut on The Stock Exchange of Hong Kong in December 2016, we have become stronger and better equipped to drive business growth and attain another level of corporate development as the economy and market have thrived. Moving forward, we are enthusiastic about the prospects of the interior design and decoration market and we will continue to build on the strong foundation of our portfolio. We will also enhance our responsiveness to trends in the market, which is essential for strengthening our position in our current markets and aiding business expansion, so as to grow our profit and maximise returns to shareholders."

About K W Nelson Interior Design and Contracting Group Limited (Stock Code: 8411)
K W Nelson is a Hong Kong-based interior decorator focusing on commercial premises including office and retail space. The Group provides interior design proposals which are developed by its in-house designers and engages subcontractors to carry out fitting-out works which its project managers then coordinate, manage and supervise. The Group has a wide range of clients including multinational companies in Hong Kong, from various industries such as banking, retail, healthcare, legal services, catering, education, energy, insurance, telecommunications, property management and logistics management.

For more details about K W Nelson, please visit the Group's website: http://www.kwnelson.com.hk

For media enquiries, please contact:
Strategic Financial Relations Limited
Vicky Lee Tel: (852) 2864 4834 Email: vicky.lee@sprg.com.hk
Angela Ng Tel: (852) 2864 4855 Email: angela.ng@sprg.com.hk
Tika Lum Tel: (852) 2864 4806 Email: tika.lum@sprg.com.hk

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Verisk 3E and Cority Collaborate to Deliver Optimized Solutions for Industrial Hygiene and Workplace Safety

January 24, 2018, 1:00 am

≫ Next: Notice of Public Webcast of and Written Materials for Eastman Innovation Day, February 6, 2018

≪ Previous: K W Nelson Announces 2017 Annual Results

Strategic Product and Data Integration Offers Joint Customers Streamlined Access to Robust Safety Data

Carlsbad, Calif., Jan 24, 2018 - (ACN Newswire) - Verisk 3E, the leading global provider of intelligent compliance solutions, and Cority, the most trusted environmental, health, safety, and quality (EHSQ) software for assuring client success, today announced a new strategic alliance. Verisk 3E and Cority joint customers will benefit from combined, industry leading Safety Data Sheet (SDS) management systems, integrated access to Verisk 3E's vast library of SDSs, and up-to-date global occupational exposure limit (OEL) content. Streamlined access to this critical information enables more informed incident response and promotes the creation of safer workplaces. Verisk 3E is a Verisk (Nasdaq:VRSK) business.

Cority's proprietary EHSQ platform harmonizes and streamlines environmental health and safety (EHS) workflows, processes, and best practices for monitoring, surveys, risk assessments, findings, and required action. Cority removes communication barriers between EHS departments through data integration and centralization. As a result of the strategic alliance, joint customers will now be able to access Verisk 3E's 3E Protect(TM) SDS and chemical management tool via Cority's solutions for industrial hygiene, occupational health, supply chain, chemical, and risk. Integrating 3E Protect with Cority's industrial hygiene solution will provide users with a central SDS source they can access, manage, and update 24-7-365.

Customers will also have access to Verisk 3E's unmatched 3E Optimize(TM) content, including up-to-date, global OEL data to help determine if occupational exposure thresholds are exceeded during an incident. Cority's robust monitoring software enables customers to streamline the collection and storage of quantitative sample data and perform comprehensive analysis to support the management and mitigation of exposures. With enterprise wide access to Verisk 3E's current, reliable regulatory content, customers can improve knowledge management, decision support, regulatory compliance, and workplace safety.

"This seamless collaboration will enable both Verisk 3E and Cority to best serve companies dealing with hazardous chemicals or materials in their supply chain," said Edmund Webecke, president, Verisk 3E. "Global companies in chemicals, pharma, manufacturing, oil and gas, and food and beverage as well as practitioners of industrial hygiene, workplace safety, and compliance may now have access to complete chemical inventories and the most robust SDS authoring and management."

"We are extremely excited to augment our ability to help customers achieve a healthier workplace and ensure substance threshold compliance," said Pamala Bobbitt, director of product marketing and channels, Cority. "Working with Verisk 3E will enable us to provide the most comprehensive solution for industrial hygiene bolstered by the most extensive and value-added collection of OEL content, chemical SDSs, and regulatory substances information available."

About Verisk 3E

Verisk 3E, formerly 3E Company, delivers intelligent compliance solutions that empower companies to reduce risk, drive continuous improvement, and create new growth opportunities. For 30 years, Verisk 3E has provided clients with the expertise, content, live 24-7-365 environmental health and safety (EHS) support, and award winning solutions required to increase chemical and workplace safety, improve product safety and stewardship, strengthen supply chain stewardship, and optimize research and development decision support.

We are deeply committed to serving our more than 5,000 customers worldwide, including eight of the world's top ten chemical manufacturers, nine of the world's top ten retailers, and nine of the world's top ten pharmaceutical companies. Global locations include our corporate headquarters in Carlsbad, California, along with offices in Bethesda, Maryland; Canton, Ohio; Copenhagen, Denmark; Montreal, Quebec; and Tokyo, Japan. Verisk 3E is a Verisk (Nasdaq:VRSK) business. Visit us at www.Verisk3E.com.

About Cority

Cority (formerly Medgate) is the most trusted environmental, health, safety, and quality (EHSQ) software for assuring client success. Cority enables organizations to utilize EHSQ software to advance their journey to sustainability and operational excellence by combining the deepest domain expertise with the most comprehensive and secure SaaS platform. With 30+ years of innovation and experience, Cority's team of 250 experts serve more than 800 clients in 70 countries, supporting millions of end users. The company enjoys the industry's highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance.

Press Contact:
Jenny Bingham
Verisk 3E
P: +1.760.930.6632
E: jbingham@Verisk3E.com

Cority Software Inc.
media@cority.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: 3E Company via Globenewswire

↧

Notice of Public Webcast of and Written Materials for Eastman Innovation Day, February 6, 2018

January 24, 2018, 1:00 am

≫ Next: New dog-themed events and interactive activities to strengthen community bonding and harmony at the Chinatown Chinese New Year Celebrations 2018

≪ Previous: Verisk 3E and Cority Collaborate to Deliver Optimized Solutions for Industrial Hygiene and Workplace Safety

KINGSPORT, Tenn., Jan 24, 2018 - (ACN Newswire) - Eastman Chemical Company (NYSE:EMN) executives, including Mark Costa, Board Chair and CEO, will host an Innovation Day for chemical industry analysts to present details of the company's growth strategies and innovation programs. The event will take place in New York City on February 6, 2018, with presentations from 8:15 a.m. to approximately 12:45 p.m. Eastern Time.

The agenda for the event is as follows:

8:15-8:55 a.m. Mark Costa, Board Chair and CEO, Eastman Overview
9:00-11:25 a.m. Concurrent breakout sessions with:
- Brad Lich, Executive Vice President and Chief Commercial Officer
- Lucian Boldea, Senior Vice President, Additives & Functional Products
- Steve Crawford, Senior Vice President and Chief Technology Officer
11:40-12:00 p.m. Curt Espeland, Executive Vice President and Chief Financial Officer
12:00-12:45 p.m. Mark Costa, Closing Comments and Q&A

Live Webcast:
A live, public webcast of Mark Costa's and Curt Espeland's presentations and written presentation materials will be available at www.investors.eastman.com.

For the concurrent breakout sessions, written presentations and talking points will be available by 9:00 a.m. at www.investors.eastman.com.

Replay and Written Materials:
Webcast replay for Mark Costa's and Curt Espeland's presentations and written materials for all presentations will be available at www.investors.eastman.com, Events & Presentations.

Media contact: Tracy Kilgore Addington, 423-224-0498, tracy@eastman.com
Investor contact: Greg Riddle, 212-835-1620, griddle@eastman.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Eastman Chemical Company via Globenewswire

↧

New dog-themed events and interactive activities to strengthen community bonding and harmony at the Chinatown Chinese New Year Celebrations 2018

January 24, 2018, 2:00 am

≫ Next: BlackGold Consortium Awarded Letter of Intent from PLN for PPA on the Riau-1 Project

≪ Previous: Notice of Public Webcast of and Written Materials for Eastman Innovation Day, February 6, 2018

Centrepiece lantern display at the Chinatown Chinese New Year Celebrations 2018. (Photo: Kreta Ayer-Kim Seng Citizens' Consultative Committee)

- Special dog-themed carnival and dog costume competition for pet owners and their furry loved ones to join in the festivities to usher in the Year of the Dog
- Community bonding and harmony theme in this year's Street Light-Up, featuring a total of 2,188 handcrafted lanterns

SINGAPORE, Jan 24, 2018 - (ACN Newswire) - To usher in the Year of the Dog, this year's Chinatown Chinese New Year Celebrations 2018 will feature a rich line-up of festivities for local and overseas visitors, as well as dog lovers, pet owners and their furry loved ones to come together and celebrate Chinese New Year in Chinatown.

Crowd favourites such as the Street Light-Up and Festive Street Bazaar will be complemented by new events and interactive dog-themed activities that will add new colour and liveliness to the annual festival.

This includes Ushering "Paws-perity" @ Chinatown (3 Feb 2018), a special dog-themed carnival that will be held at Kreta Ayer Square. Dog owners will be able to find a variety of treats and apparel for their pets, including festive-themed items, and spend a fun morning in the heart of Chinatown bonding with their furry loved ones and other dog lovers. Taking place alongside the carnival is a Dog Costume Competition where dog owners can show off their pets dressed in their best festive-themed outfits. More registration details are available on www.chinatownfestivals.sg.

Another new event this year, brought back after 10 years, is the Flower Market (5-15 Feb 2018). Located at the car park at Banda Street, the Flower Market will be a one-stop shop for all your Lunar New Year blooms, with a wide variety of festive flowers and plants including pussy willows, tangerine shrubs, Pineapple Plant, Money Tree and 'Fa Cai Suan'.

Dr Lily Neo, Adviser to Jalan Besar GRC GRO (KRETA AYER - KIM SENG) said: "Chinese New Year is a time not only to strengthen our family bonds, but to also build harmony in the community. Hence, our line-up of festivities reflects these values and promotes community bonding and harmony by inviting people of other races and nationalities to take part in the festivities and together, usher in the Year of the Dog."

Organised by the Kreta Ayer-Kim Seng Citizens' Consultative Committee (KA-KS CCC), this year's Chinatown Chinese New Year Celebrations is themed "Blossoms of Happiness and Prosperity".

The seven-week long celebrations will run from 27 Jan to 16 Mar 2018 and officially begins with the Official Light-Up and Opening Ceremony on 27 Jan 2018, which will be graced by Guest-of-Honour, Prime Minister Lee Hsien Loong. The public can expect to be thrilled by local and overseas acrobatic, music and dance performances, culminating in a rousing display of fireworks and firecrackers.

CHINATOWN STREET LIGHT-UP

One of the highlights of the Chinatown Chinese New Year Celebrations is the annual Street Light-Up (27 Feb - 16 Mar) where the heritage precinct comes alive in a mesmerising display of lights. This year, the streets of Chinatown will be adorned with 2,188 handcrafted lanterns.

Designed in collaboration with students and faculty from the Singapore University of Technology and Design (SUTD) for the seventh year, the Street Light-Up features 88 larger-than-life size dog lanterns set amidst the changing of seasons from Summer to Spring. Four large set pieces, placed along the centre divider between Eu Tong Sen Street and New Bridge Road, depict man's best friend in different scenes of work, rest and play in a year, while the changing of seasons is illustrated by different festive plants, flowers and colours, such as orange chrysanthemums for Autumn, green bamboo for Summer and pink orchids for Spring.

This leads to the 11m-tall centrepiece, a happy, loving family of dogs and their puppies with a giant gold ingot, standing proudly at the junction of Eu Tong Sen Street and Upper Cross Street.

The Street Light-Up also features auspicious symbols heralding wealth and good luck such as pineapples, oranges, and prosperity lanterns.

Visitors to Chinatown can also capture memories at a series of 3D dog-themed photo installations at nine photo spots spread throughout Chinatown, such as Garden Bridge and Chinatown Food Street. These are also designed by SUTD to give visitors a more interactive experience when they visit Chinatown.

LINE-UP OF FESTIVE AND COMMUNITY EVENTS TO USHER IN THE LUNAR NEW YEAR

In addition, local and overseas visitors can look forward to a rich line-up of traditional and cultural festivities suitable for the whole family.

A sold-out event each year, the 11th International Lion Dance Competition (2 & 3 Feb 2018) will see 14 top lion dance troupes from eight territories around the region, battle it out on the 'meihuazhuang' (Plum Blossom Poles) as they compete for the ultimate title of 'King of the Lions'.

In the day, immerse in the history and vibrancy of the Chinese enclave with the Chinatown Chinese New Year Walking Trails led by seasoned volunteer guides. At night, visit the lively 420-stall Festive Street Bazaar (26 Jan - 15 Feb 2018) for your annual festive shopping and enjoy popular and unique eats along YouthEATs @ Temple Street, or be wowed by entertaining performances by local and overseas performers at the Nightly Stage Shows (27 Jan - 15 Feb 2018), including mask-changing segments and ventriloquist performances.

KA-KS CCC will also organise community events that bring various races together in celebration of the Lunar New Year. This includes Harmony Night and the Mass Reunion Dinner for about a thousand people from underprivileged families and needy elderly residing within Kreta Ayer-Kim Seng Constituency as well as volunteers to enjoy an early Chinese New Year celebration.

The festive atmosphere will scale to its peak at the Chinatown Chinese New Year Countdown Party on 15 Feb 2018, featuring Mediacorp artistes and other performers in a live countdown show on the eve of Chinese New Year. Closing the Chinatown Chinese New Year Celebrations 2018 on a high note will be the Chingay 2018 @ Chinatown on 25 Feb 2018. (More details will be announced separately by the People's Association (PA) and the Chinatown Chinese New Year Celebrations 2018 Organising Committee).

For the full list of events and more details, please visit:
Website: www.chinatownfestivals.sg
Facebook: www.facebook.com/pages/Chinatown-Festivals/186429804750588

For further media enquiries, please contact:
Lim Wan Qi
Ninemer Public Relations P L
limwanqi@ninemer.com
+65 6534 9909 | +65 9137 0503

Hsu Lin
Ninemer Public Relations P L
hsulin@ninemer.com
+65 6534 9959 | +65 9720 6119

This media release is issued on behalf of Kreta Ayer-Kim Seng Citizens' Consultative Committee (KA-KS-CCC), the official organiser of Chinatown Chinese New Year Celebrations 2018.

About Kreta Ayer-Kim Seng Citizens' Consultative Committee

The Kreta Ayer-Kim Seng Citizens' Consultative Committee plans, leads and coordinates community activities for the Kreta Ayer-Kim Seng Constituency. It channels the needs and problems of the residents to the Government and keeps them informed of the government's actions and policies. It also raises funds for welfare aid to the needy, bursaries and scholarships for deserving students and other community projects.

↧

BlackGold Consortium Awarded Letter of Intent from PLN for PPA on the Riau-1 Project

January 24, 2018, 2:00 am

≫ Next: Kyoto University and Fujitsu Launch Joint Research Project to Advance Medicine through the Use of AI

≪ Previous: New dog-themed events and interactive activities to strengthen community bonding and harmony at the Chinatown Chinese New Year Celebrations 2018

- Formally receives Letter of Intent from PLN on 23 January 2018
- Consortium proceeds towards completion of final formalities for signing of the PPA

SINGAPORE, Jan 24, 2018 - (ACN Newswire) - BlackGold Natural Resources Limited ("BlackGold" or the "Company", and together with its subsidiaries, the "Group") is pleased to announce that the consortium (of which BlackGold is a member), has received a Letter of Intent ("LOI") from PT Perusahaan Listrik Negara ("PLN") for the award of a Power Purchase Agreement ("PPA") relating to the Riau-1 Project.

The consortium, comprising BlackGold, PT Pembangkitan Jawa-Bali ("PJB"), PT PLN Batubara ("PLN BB") and China Huadian Engineering Co., Ltd. ("CHEC"), (collectively, the "Consortium"), will develop, construct, operate and maintain a 2 x 300 MW mine mouth coalfired power plant (the "Riau-1 Project").

Pursuant to the LOI, the Consortium will enter into a definitive PPA with PLN upon fulfilling certain terms and conditions as stipulated in the LOI, including but not limited to i) the unit sales price of electricity, ii) the duration of the PPA and iii) the commencement date for construction of the Riau-1 Project.

Following its receipt of the LOI, the Consortium shall establish a joint venture company for the Riau-1 Project, to finalize a long-term fixed offtake agreement with BlackGold's subsidiary PT Samantaka Batubara for the supply of coal to the Riau-1 Project and conclude the signing of the PPA.

Commenting on the LOI, Mr Philip Rickard, CEO of the Group said: "This is by far the biggest milestone in BlackGold's journey towards our ultimate goal of securing the Riau-1 Project. We shall work in earnest to complete all necessary formalities leading up to final signing of the PPA with PLN."

Information on PLN, PJB and CHEC

PLN is Indonesia's state-owned power distribution company.

PJB is a power generation company with the aim of promoting Indonesia's economic development by providing high-quality, reliable and sustainable energy supply. PJB is a wholly-owned subsidiary of PLN.

PLN BB provides support to its parent company, PLN, for the obtainment of coal for generation of electricity.

CHEC is a state-owned power engineering company in China. CHEC's core businesses encompass high tech product research and development, engineering design, general contracting, as well as energy technology research and services. CHEC is currently involved in project construction, investment, operation and maintenance of various power projects located in Indonesia.

ABOUT BLACKGOLD (Bloomberg Ticker: BHR:SP)

The Group is an Indonesia-focused coal mining company targeting Indonesia's rapidly growing power plant industry. Through long term, fixed offtake agreements with its principal customers, the Group has a customer portfolio consisting of state-owned and independent power plants and factories.

The Group, through its local subsidiaries, has the rights to three coal concessions in Riau, Indonesia.

Currently, the Group, through its subsidiary PT Samantaka Batubara, has a coal concession for an area of 15,000 hectares, and has over 500 million tonnes of Coal Resources (JORC Code compliant). For more information, please visit www.blackgold-group.com.

Contact:
BlackGold Group
T: +65 6884 4418
E: info@blackgold-group.com

This press release has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This press release has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this press release including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Tay Sim Yee (Telephone number: +65 6532 3829), at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542.

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Kyoto University and Fujitsu Launch Joint Research Project to Advance Medicine through the Use of AI

January 24, 2018, 2:41 am

≫ Next: WARC Media Awards 2017 - Best Use of Data winners announced

≪ Previous: BlackGold Consortium Awarded Letter of Intent from PLN for PPA on the Riau-1 Project

Figure: Overview of the Research

TOKYO, Jan 24, 2018 - (JCN Newswire) - Kyoto University, Fujitsu Limited, and Fujitsu Laboratories Ltd. today announced that they have established the Department of Medical Intelligent Systems, a joint research project at the Kyoto University Graduate School of Medicine to use artificial intelligence (AI) in the field of medicine. The research activities are being conducted as of January 2018 and will run for approximately two years.

The joint research project will use all types of medical information, including patient data accumulated on electronic medical records collected by Kyoto University Hospital and the Fujitsu Group's advanced AI technology, Fujitsu Human Centric AI Zinrai. Through collaboration between Kyoto University's physicians and bioinformatics researchers(1) and the Fujitsu Group's AI engineers, the project will leverage this information and use AI to accelerate R&D toward advanced, next-generation medicine, such as creating new approaches to diagnostic support and drug discovery. Fujitsu and Kyoto University aim to apply the knowledge database platform they've developed through their joint research and the insights it elicits to related fields, such as health insurance, and broadly put them to use for the benefit of society.

Background

With rapid advances in scientific technology, the digitalization of medical front lines continues to progress, and a wide range of medical information (real world data) is being accumulated. It is strongly anticipated that this trend will bring about advanced, next-generation medical care that will deliver optimal care to patients, stemming/resulting from the combination of this data with revolutionary advances in AI to evaluate and analyze medical information, while applying it to the actual clinical front lines.

Currently, AI has already demonstrated an impressive ability to evaluate and analyze certain types of medical images. At the same time, to build AI that can make more sophisticated determinations, it is necessary to use detailed clinical time series data. Much of this data, however, consists of unstructured information, such as notes written by medical personnel. Moreover, there is not yet any AI technology that, in a practical application, can integrate and link together the huge volumes of various types of data, such as the text and figures in electronic medical records, reports in medical journals, genomic data, and diagnostic images. To put this data to use, it has become essential to develop AI for medicine through the close collaboration of researchers with a high degree of knowledge of the medical field with AI researchers and engineers.

Overview of the Research

http://www.acnnewswire.com/topimg/Low_Fujitsu12418Research.jpg
Figure: Overview of the Research

1. Research Period

January 2018 to March 2020

2. Name of the Joint Research Project

Department of Medical Intelligent Systems (Project Leader: Department of Biomedical Data Intelligence, Graduate School of Medicine, Kyoto University Dr. Yasushi Okuno)

3. Project Location

Clinical Research Center for Medical Equipment Development (CRCMeD), Kyoto University Hospital (located in Kyoto)

4. Description of the Research

The research will use a wide range of different and highly sophisticated medical data, including:
- Patient data collected on the electronic medical records of Kyoto University Hospital
- Cancer patient data recorded in the Kyoto University Cancer Treatment Support Database System
- And cohort data(2)

For all of the above, consent has been applied for and given by an ethics committee from the Department of Biomedical Data Intelligence and the Clinical System Oncology Project of the Kyoto University Graduate School of Medicine.

To be able to use AI to generate new knowledge and insights, the data will first be preprocessed using AI (natural language processing), and an environment for analysis will be built. Next, with this huge volume of comprehensively sorted data, another form of AI (machine learning) will be used to extract the common characteristics for each disease indication and create models that will contribute to new approaches to diagnostic support, including the identification of specific disease characteristics from medical images, and the discovery of next-generation drugs. In addition, research will be conducted on advancing AI technology specifically within the field of medicine.

The new knowledge and insights discovered, as well as the AI technology for the medical field, will be comprehensively built onto a platform, leading to the future realization of a knowledge database that can be widely used in the medical field.

Data to be used
a. Electronic medical records stored by Kyoto University Hospital as well as data from its diagnostic support database system
b. With consent from an ethics committee by Kyoto University, data for use in cohort research that has been approved by the steering committee of the Department of Medical Intelligent Systems
c. Public text data from sources such as diagnostic/treatment guidelines and prescription drug documentation

All patient data and cohort research data used in this joint research will be rendered anonymous.

5. Respective Responsibilities

Kyoto University will provide the expertise of its doctors and bioinformatics researchers, personnel training, and evaluation of clinical data.

Fujitsu Group will offer AI technology and big data analysis technology, development of AI technology for the medical field, and construction of the knowledge database platform.

Expectations for the Joint Research Project

By using AI to analyze the large volumes of advanced medical data that have been accumulated on the front lines of medicine, Kyoto University and Fujitsu expect to not only improve the quality of medical care, but also to discover new treatments and diagnostic methods. The partners anticipate that this could precipitate major social change, not only in the medical field, but also in related fields like pharmaceuticals and insurance. Furthermore, Fujitsu will continue research on this platform and system for combining and connecting a wide variety of diverse data in the anticipation that it will also prove broadly useful in fields other than medicine, including manufacturing and finance.

This joint research project will not be limited to just evaluating technology, but through the use of real data, will also create genuinely effective and useful knowledge, giving back meaningful results to society.

(1) Bioinformatics researchers
Experts in bioinformatics, which fuses life science with information science, who analyze information relating to biological life and handle life science questions from a computational theory standpoint.
(2) Cohort
A group used in researching topics such as the causes of disease by comparing the data obtained from following the group, consisting of people with certain elements in common, over a set period of time.

About Fujitsu Ltd

Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 155,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.5 trillion yen (US$40 billion) for the fiscal year ended March 31, 2017. For more information, please see http://www.fujitsu.com.

* Please see this press release, with images, at:
http://www.fujitsu.com/global/about/resources/news/press-releases/

Contact:
Fujitsu Limited
Public and Investor Relations
Tel: +81-3-6252-2176
URL: www.fujitsu.com/global/news/contacts/

↧

WARC Media Awards 2017 - Best Use of Data winners announced

January 23, 2018, 9:00 pm

≫ Next: Ingredion Establishes Executive Leadership Role to Drive Commercial Excellence and Growth; New President, General Director, Mexico Named

≪ Previous: Kyoto University and Fujitsu Launch Joint Research Project to Advance Medicine through the Use of AI

Grand Prix campaign image

Australia's Prospan wins Grand Prix. UK's Rogue One: A Star Wars Story, McDonald's Spain and DVK Insurance Spain win Golds

LONDON, Jan 24, 2018 - (ACN Newswire) - Campaigns for brands including telecommunications provider du, fast food chain McDonald's, London's Mytaxi app, US restaurant Noodles & Company and Australian cough medicine Prospan, are among the winners of the Best Use of Data category of WARC's global Media Awards 2017, recognising communications planning which has made a positive impact on business results.

Nine winners - one Grand Prix, three Golds, two Silvers and three Bronzes - have been awarded in the Best Use of Data category, recognising the role of data in an effective communications strategy.

The jury also awarded three Special Awards for particular areas of expertise: Best Real-Time Award for the best example of a campaign planned in real-time; The Attribution Award for the best example of a channel attribution model; and Data-Driven Insight Award for a campaign where data helped to identify the right audience at scale.

The Grand Prix winner is Australian agency Affinity for its 'Don't ignore a cough' campaign. In a challenging environment with fierce competition, cough medicine Prospan saw a 27% increase in sales and managed to connect with its customers by leveraging customer insights and big data to build a predictive algorithm that would alert concerned mothers when the chance of their children getting a cold was at the highest. Affinity also took the 2016 Grand Prix for the Best Use of Data and the Data Driven Insight Special Award for its highly acclaimed campaign for Narellan Pools.

A Gold has been awarded to OMD UK, OMD EMEA for its 'Everything but Rogue with Data' campaign. When The Walt Disney Company launched Rogue One, its second film in the Lucasfilms Star Wars franchise, it used a data and technology infrastructure that enabled a personalised video and content experience across multiple platforms.

OMD Spain has won two Golds. The first for its personalised data-driven campaign 'My McDonald's'. To propel relevance and sales in Spain, McDonald's redesigned its app around its loyalty programme My McDonald's, to create personalised customer experiences. App users spent 20% more than an average McDonald's customer.

Their second Gold was awarded for the 'Irse de Madre' campaign for private health insurance DKV Spain. To secure sales and visibility, DKV Spain ran a successful customer-centric campaign aimed at new parents which consisted of celebrating parenthood with 20 three-minute episodes of humorous and highly shareable content on the web, Facebook, YouTube, cinemas and a play. The campaign achieved 8.5 million views, 425,000 interactions with the content and a growth in sales of +8.4%.

Commenting on the 2017 winners, jury chair Nicole Kane, Global Media Director of McDonald's Corporation, said: "This year's winners truly demonstrate both the creativity and variety in how brands are using data today. The type of data being utilized ranged from first party, to publically accessible, to real-time data. There are strong examples across insights, activation, and measurement: from uncovering an emotional, consumer insight to large brands using data to drive scale to those who are pushing new thinking in attribution. Congratulations to all of the winners and innovators this year."

The full winners list of WARC's Media Awards 2017 - Best Use of Data is:

Grand Prix
- Don't ignore a cough - Prospan - Flordis - Affinity - Australia + Data-Driven Insight Award

Gold

- Everything but Rogue with Data - Rogue One: A Star Wars Story - The Walt Disney Company - OMD UK, OMD EMEA - United Kingdom
- My McDonald's - McDonald's Spain - McDonald's - OMD - Spain
- Irse de madre - DKV Insurance - OMD - Spain

Silver

- Going live with gold - Royal Mint Bullion - Royal Mint - Manning Gottlieb OMD - United Kingdom
- Helping London move more freely - Mytaxi - Kinetic UK, the7stars - United Kingdom + Best Real-Time Award

Bronze

- Tropa for Life - du - Emirates Integrated Telecommunication Company - Starcom Dubai - UAE
- IMM's patent pending solution for incrementality - Noodles & Company - IMM - United States + The Attribution Award
- Data-driven targeting - Age UK - Manning Gottlieb OMD - United Kingdom

To see the winning case studies of Best Use of Data as well as in the Effective Channel Integration and Effective Use of Partnerships & Sponsorships categories, or for more information on the global WARC Media Awards please view at www.warc.com/mediaawards.prize.

The winners of the Effective Use of Tech category will be announced on Wednesday 30 January.

WARC will be holding a free-to-attend 'Lessons from the WARC Media Awards' event in London on 6 February, where attendees can hear from winners and judges. Register at content.warc.com/warc-event-lessons-from-the-warc-media-awards-registration.

About WARC

- your global authority on advertising and media effectiveness

warc.com is an online service offering advertising best practice, evidence and insights from the world's leading brands. WARC helps clients grow their businesses by using proven approaches to maximise advertising effectiveness. WARC's clients include the world's largest advertising and media agencies, research companies, universities and advertisers.

WARC hosts four global and two regional case study competitions: WARC Awards, WARC Innovation Awards, WARC Media Awards, The Admap prize, WARC Prize for Asian Strategy and WARC Prize for MENA Strategy.

WARC also publishes leading journals including Admap, Market Leader, the Journal of Advertising Research and the International Journal of Market Research. In addition to its own content, WARC features advertising case studies and best practices from more than 50 respected industry sources, including: ARF, Effies, Cannes Lions, ESOMAR and IPA.

Founded in 1985, WARC is privately owned and has offices in the UK, U.S. and Singapore.

Contact:
Amanda Benfell
PR Manager
+44 20 7467 8125
amanda.benfell@warc.com

↧

Ingredion Establishes Executive Leadership Role to Drive Commercial Excellence and Growth; New President, General Director, Mexico Named

January 25, 2018, 1:00 am

≫ Next: Hitachi Receives FDA 510(k) Clearance for Real Time Image Gating Motion Management for its Proton Therapy System

≪ Previous: WARC Media Awards 2017 - Best Use of Data winners announced

WESTCHESTER, Ill., Jan 25, 2018 - (ACN Newswire) - Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, today announced the establishment of a new executive leadership role focused on commercial excellence that will align related functions to deliver an exceptional customer experience and drive growth.

Larry Fernandes has been promoted to senior vice president and chief commercial officer, effective March 1, 2018. Now president and general director, Mexico, Fernandes will have executive oversight for Ingredion's global key account program and corporate marketing function, as well as a newly established global role focused on the customer experience. He will become a member of the executive leadership team and is expected to be elected by the board of directors at its February meeting.

Fernandes joined the company in 1990 as a technical sales representative in Canada. He since has held several positions of increasing responsibility in the sales and commercial areas in the United States and Canada, including vice president and general manager for the U.S./Canada business. He was appointed general manager for Mexico in 2013. Fernandes holds a degree in chemical engineering with a minor in accounting from McGill University in Montreal, Canada.

Rob Ritchie will be succeeding Fernandes in Mexico as president and general director on March 1. Ritchie, currently vice president, commercial, U.S./Canada, will have full management responsibility for all aspects of business operations in Mexico.

Ritchie has been with Ingredion for more than 20 years, starting his career in Canada as an area director. He has since held roles of increasing responsibility within the U.S./Canada sales organization. Ritchie holds a master's degree in business administration from Loyola University in Chicago and a bachelor's degree in business administration from Lakehead University, Ontario, Canada.

"Larry will be an outstanding addition to our executive team and is ideally suited to shape and drive the newly established commercial excellence function. Larry possesses excellent commercial instincts and business acumen, and he understands the importance of Ingredion's go-to-market function to create and deliver value for customers. I am confident that under Larry's leadership, Ingredion's delivery of outstanding products and services to customers will only be enhanced.

"Equally Rob is well prepared to lead Ingredion's Mexican business. He has a deep understanding of both our core and specialties businesses and has played a key role in growing Ingredion's U.S. and Canada businesses over the last four years. I expect a seamless transition as Rob assumes his new role," said Jim Zallie, Ingredion CEO.

ABOUT INGREDION

Ingredion Incorporated (NYSE: INGR) is a leading global ingredient solutions provider with 2016 revenues close to $6 billion. We turn grains, fruits, vegetables and other plant materials into value-added ingredients and biomaterial solutions for the food, beverage, paper and corrugating, brewing and other industries. Serving customers in over 100 countries, our ingredients make crackers crunchy, yogurts creamy, candy sweet, paper stronger and add fiber to nutrition bars. Visit Ingredion.com to learn more.

CONTACT:
Investors: Heather Kos, 708-551-2592
Media: Claire Regan, 708-551-2602

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ingredion Incorporated via Globenewswire

↧

Hitachi Receives FDA 510(k) Clearance for Real Time Image Gating Motion Management for its Proton Therapy System

January 25, 2018, 1:04 am

≫ Next: BDO Awards to Honor Outstanding Performers in ESG Reporting

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TOKYO, Jan 25, 2018 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) and Hokkaido University announced that it has obtained U.S. Food & Drug Administration (FDA) 510(k) clearance on December 26, 2017 for the commercialization of "Real Time Image Gating System for Proton Beam Therapy Systems" (RGPT), allowing for its systems in the United States to treat patients with cutting-edge motion management together with its advanced Spot Scanning irradiation technology.

Proton therapy is a type of radiation used to treat cancer in which protons from a hydrogen atom are extracted and accelerated up to 60% the speed of light. Its energy is concentrated directly on the tumor while avoiding radiation dose to the surrounding healthy tissues. Patients experience no pain during treatment and the procedure has very few side effects compared with that of traditional radiotherapy. In most cases, patients can continue with their normal daily activities while undergoing treatment, thus maintaining their Quality of Life. For these reasons, demand for this type of cutting-edge irradiation therapy continues to grow around the world.

In 2010, a grant under the Funding Program for World-Leading Innovative R&D on Science and Technology (the "FIRST Program") sponsored by the Japanese government was awarded to the project between Hitachi and Hokkaido University to jointly develop an advanced technology to treat moving targets with proton beam therapy. By 2014, RGPT and the advanced irradiation technology of Spot Scanning were integrated into Hitachi's system for the first time. Conventional motion management simply tracks the surface of the patient's body and irradiates with the proton beam based on a predetermined timing. By tracking the location of gold markers placed near the tumor with X-rays, RGPT is able to irradiate the targeted tumor while in motion and with greater accuracy with a proton beam.

Hitachi received clearance from Japan's Pharmaceuticals Medical Device Administration for its Proton Beam Therapy system equipped with RGPT (patent no. 05896211) in August 2014. Jointly developed with Hokkaido University Hospital (Dr. Kiyohiro Houkin, Director) and its Clinical Research and Medical Innovation Center (Dr. Norihiro Sato, General Manager), RGPT has been used in approximately 70% of patients treated in the past 3 (approx.) years at the hospital. RGPT has since been highly acclaimed and has been awarded the Imperial Invention Prize of 2017 - an honor bestowed by the Japan Institute of Invention and Innovation for the most outstanding inventions.

Dr. Hiroki Shirato, Director of Hokkaido University Hospital's Research Group with which Hitachi conducted the joint development, stated, "Hokkaido University has been developing motion tracking technology in the field of X-ray therapy. By combining this technology with Spot Scanning technology, the accurate irradiation of tumors, including those attached to large organs in motion which are difficult to irradiate with X-rays, will be possible and will lead to greater adaptation. I am very pleased that this innovation for highly precise irradiation will become broadly available around the world."

With this FDA clearance, Hitachi will move forward with plans to install RGPT at facilities under construction in the United States.

Hitachi provides superior proton therapy systems to world-class hospitals in Japan, the United States and around the world. With more than 16,000 patients treated with its systems, Hitachi has earned a reputation for high reliability and achievements. With its cutting-edge R&D, Hitachi will focus on the growing global demand for single room treatment facilities within the expanding market.

Hitachi and Hokkaido University will continue to accelerate innovation in particle therapy in order to contribute to cancer treatment around the world.

Overview of Real Time Image Gating System for Proton Beam Therapy Systems (RGPT)

Real Time Image Gating Proton Beam Therapy is a technology used to track and irradiate tumors in motion. This is accomplished by positioning a gold marker 2mm in diameter, close to the tumor and establishing its location as a reference via CT. A dual-axis, orthogonal X-ray system is used with pattern recognition software to determine the spatial location of the marker due to respiration. Irradiation during treatment is performed only when the gold marker moves to within millimeters of the planned irradiation location. This process, when repeated, can be synchronized to the respiratory motion of the patient. As a result, the harmful impact of irradiation to healthy tissue can be significantly reduced.

Overview of Spot Scanning Technology

Spot Scanning irradiation technology does not scatter proton beams as with conventional proton beam therapy. Rather, it repeatedly turns a narrow proton beam on and off at high speed as it progressively changes location to irradiate entire tumor volumes. Protons can be aimed with high precision according to the targeted tumors, even those with complex shapes, while minimizing the impact on nearby healthy tissue.

About the Imperial Invention Prize

The Imperial Invention Prize is given to the most outstanding invention at the National Commendation for Invention sponsored by the Japan Institute of Invention and Innovation. The National Commendation for Invention has been held since 1919 to contribute to the progress of science and technology and the development of industry by formally recognizing creators of particularly outstanding inventions, devices or designs as well as researchers and/or scientists who have rendered distinguished services in the creation and promotion of inventions in Japan.

About Hokkaido University

Hokkaido University originates from the Sapporo Agricultural College, which was established in 1876 as Japan's first institution of higher education to grant bachelor's degrees. It has continued this leadership role as it pushes the boundaries of knowledge through innovative research in broad disciplines, as symbolized by Akira Suzuki, who received the Nobel Prize in Chemistry in 2010. Today's Hokkaido University has 12 undergraduate and 21 graduate schools covering a wide range of disciplines. Boasting one of the biggest campuses in Japan, the university houses cutting-edge research facilities, a university hospital, and one of the world's largest research forests.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at www.hitachi.com.

Contact:
Hitachi Ltd
Corporate Communications
Tel: +81-3-3258-1111

↧

BDO Awards to Honor Outstanding Performers in ESG Reporting

January 24, 2018, 7:30 pm

≫ Next: HKTDC Education & Careers Expo Opens Next Thursday

≪ Previous: Hitachi Receives FDA 510(k) Clearance for Real Time Image Gating Motion Management for its Proton Therapy System

Mr. Andrew Lam, Director & Head of Business Development and Marketing, BDO Hong Kong; Mr. Clement Chan, Managing Director of Assurance, BDO Hong Kong; Mr. Johnson Kong, Managing Director of Non-Assurance, BDO Hong Kong; Mr. Ricky Cheng, Director & Head of Risk Advisory, BDO Hong Kong (L-R)

ESG Seen Gaining Solid Ground in Core Business Considerations

HONG KONG, Jan 25, 2018 - (ACN Newswire) - BDO Limited (BDO), the world's fifth largest accountancy network, is holding the awards presentation ceremony of the inaugural BDO ESG Awards today to recognise outstanding Hong Kong-listed companies which have made a positive impact in the areas of Environment, Social and Governance (ESG) through excellent performance in ESG reporting and implementing outstanding sustainability initiatives. The Awards aim to encourage companies to be more aware of their social responsibility and to incorporate sustainability best practices into their business and reporting models.

Advocating high-quality ESG reporting

Effective 2016, every listed company in Hong Kong has been required by the Hong Kong Stock Exchange to comply with the new ESG disclosure guidelines and annually report its ESG-related information with a view to facilitating the issuers' disclosure and communication with investors and other stakeholders. BDO has conducted two ESG-related surveys in 2017, one of which reviewed the ESG disclosure and reporting performance of 300 companies listed on the Main Board of the Hong Kong Stock Exchange, and another which revealed the challenges that Hong Kong-listed companies encounter when compiling their FY2016/2017 ESG reports under the new regulation.

As part of the Group's continuous efforts in promoting high standards in ESG reporting, BDO has subsequently launched the BDO ESG Awards and invited listed companies of various sizes in Hong Kong to enter and contend for the Awards. Over 55 listed companies have participated in the inaugural Awards.

Mr Ricky Cheng, the Director and Head of Risk Advisory at BDO Hong Kong, said, "We are happy to see the high standards and good practices demonstrated by the contesting companies in their ESG reports. What we see from the judging process has aligned with the findings from our earlier surveys that a majority of Hong Kong-listed companies are going beyond the minimum ESG disclosure requirements and saw benefits from issuing an ESG report. By rewarding and showcasing outstanding ESG performers through the Awards, we want to help more companies to see the various advantages of ESG initiatives and, more importantly, the business case for better ESG reporting."

Hong Kong-listed companies demonstrate commitment and high standards in ESG

The contending companies are found to be 'walking their talk' by putting their ESG commitments into action. As the judges closely reviewed their ESG reports, it is clearly seen that many businesses are mainstreaming ESG into their operations, not only for better risk control, but also for greater transparency in order to meet investors' expectations, as well as for creating goodwill to attract investments from the 'green movements' catalysed by the Paris Agreement concluded in 2015.

In addition, the companies are clearly going a lot beyond the minimum ESG reporting requirements. The majority of them disclosed key performance indicators (KPI) data in 'Social' aspects, which is still only a 'recommended disclosure' area according to the reporting requirements. On the whole, the reports are found to be very easy to read and contain very interesting information regarding the companies' ESG performances. Interestingly, the reports are found to be getting thinner but containing more useful information. There is a clear change observed where companies use less commenting and apply more numbers to do their talking for them, which is encouraging.

Other distinctive ESG features observed within the award contenders' reports include:

* Companies are adopting international ESG reporting guide and standards such as GRI, ISO standards (eg. ISO14000, 18000 and 26000) and the UN sustainable development goals for such reporting, considered to a step beyond the current reporting requirements.

* There is a high level of management involvement, with Chairmen and the Board of Directors of some listed companies standing out, making clear statements about their responsibilities and what they want to achieve. There is a clear management and reporting structure (ie. the ESG committees) in these companies to implement and track the ESG commitments. The implemented company-wide ESG strategies demonstrated the well-constructed and top-down organisational governance and management procedures in ESG.

*Comprehensive risk and materiality assessments by industry specialists and stakeholder engagement have been conducted by companies to understand their business risks, as well as expectations and the degree of significance on different ESG topics from key stakeholders. Subsequently, relevant ESG policies and management approaches have been developed for the most material topics and aligned with the materiality assessment result.

* Policies and relevant management procedures are comprehensively elaborated in the report which has enhanced the transparency of the company operations (e g, resources management, supplier selection process, occupational health and safety management, privacy and bribery management, etc)

* Clear and tangible goals and targets in ESG have been set in companies to drive and lead ESG development. Typically, companies are implementing clear and tangible resources and energy-saving measures, such as incorporating green building features and even actively harnessing renewable energies by installing solar panels into their new/existing premises.

* Through proactively disclosing the KPIs related to staff training and development, companies are clearly taking action to show how they appreciate contributions from their staff members, and how they are planning to continue to invest in rewarding their staff, making them more productive, stronger, happier and healthier.

* There are substantial efforts in community investment including establishment of education and charity funds to nurture youth development and help the underprivileged, along with donations, collaboration with NGOs (eg. World Vision, Orbis, WWF, etc.) or participate in activities organized by NGOs.

* Companies enhanced validity of the data and information disclosed in the ESG reports by having third-party assurance via internationally-renowned accounting or certification bodies. There is also a company going a step further by having peer reviews of the ESG report by leading industry specialists and competitors.

Overall, the contending companies have demonstrated excellence in ESG best practices and high standards in ESG reporting and serve as great examples for others to follow. They certainly see the value in ESG reporting and have committed significant time and resources to achieve this level of excellence. Moving forward, BDO is committed to continue its advocacy of improving ESG standards and will offer support to companies which wish to perform better in ESG aspects and become winners in ESG one day.

About the BDO ESG Awards

The BDO ESG Awards recognise outstanding listed companies in Hong Kong who have made a positive impact in the areas of Environment, Social and Governance (ESG) - particularly those who implement outstanding sustainability initiatives. The Awards aim to encourage companies to be more aware of their social responsibility to incorporate sustainability into their business model. For details, visit: http://www.bdoesgawards.com

Award Categories

BDO understands that the resources committed to ESG would vary significantly between companies of different sizes; hence, the Awards have separate award categories by market capitalisation to ensure those who genuinely do well in ESG reporting are rewarded, regardless of the company size. The top three companies from each of the large market capitalisation, middle market capitalisation and small market capitalisation segments of Main Board listed companies, as well as companies listed on the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange, will be selected as winners of the following two award categories: Best in ESG Awards and Best in Reporting Awards, while the companies with the best combined scores in both categories will be granted the ESG Report of the Year Awards.

Judging Criteria

The judging criteria are designed as follows based on the key ESG reporting principles as stipulated under the Hong Kong Stock Exchange ESG Reporting Guide:

I. Best in ESG Awards
- Environment (Emissions Control, Use of Resources, Environment and Natural Resources);
- Employment & Labour Practices (Employment Benefits and Welfare, Health and Safety, Development and Training, Labour Standards);
- Operational Practices (Supply Chain Management, Product Responsibility, Anti-corruption); and
- Community Investment (Policies on Community Engagement, Areas of Contribution, Resources Contributed).

II. Best in Reporting Awards
- Report Credibility (Assurance, Transparency);
- Materiality (ESG issues highlighted, Stakeholder engagement);
- Governance (ESG Strategy, ESG Steering Committee, Role and responsibility of the Board); and
- Report Framework (Reader-friendliness, Complexity of presentation medium, Precision and Accuracy Balance, quantitative and consistency)

III. ESG Report of the Year Awards
- Companies who performed best in both 'Best in ESG' and 'Best in Reporting' categories will be awarded 'ESG Report of the Year'.

Judging Panels

The judging panels for the Best in ESG Awards and Best in Reporting Awards were led by panel co-chairmen, Dr William Yu and Dr Kelvin Wong, JP DBA FHKIoD, respectively, and consist of members from business, finance, media, academia and ESG advocacy backgrounds (full list of judges, http://www.bdoesgawards.com/en/judges). The panel of judges applied their rich corporate management experience and expertise to rate the contending companies according to the specific set of challenges that those companies face. The judges studied the companies' reports, looked into the ESG commitments, DNA and culture of the companies, to ultimately form an overall and balanced view of the companies' ESG performances.

About BDO Limited

BDO Limited in Hong Kong is a member firm of the international BDO network of independent member firms. BDO is a global accountancy network with 1,500 offices in 162 countries and over 73,800 people providing advisory services throughout the world. BDO Limited was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO Limited provides an extensive range of professional services including assurance services, business services & outsourcing, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.

Contacts-

BDO Limited:
Sala Lo
Senior Marketing Manager, BDO
Tel +852 2218 3042
salalo@bdo.com.hk

Heidi Lau
Marketing Manager, BDO
Tel +852 2218 2325
heidilau@bdo.com.hk

Strategic Financial Relations Limited:
Vicky Lee
Tel +852 2864 4834
vicky.lee@sprg.com.hk

Denise Siu
Tel +852 2114 4913
denise.siu@sprg.com.hk

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HKTDC Education & Careers Expo Opens Next Thursday

January 24, 2018, 10:30 pm

≫ Next: BDO Announces Winners of the Inaugural BDO ESG Awards

≪ Previous: BDO Awards to Honor Outstanding Performers in ESG Reporting

HKTDC Assistant Executive Director Sophia Chong

(From L) Choi Yu-sing, Curriculum Director, Hong Kong Federation of Youth Groups; Dr Ir Francis Wong, Director, Hong Kong Institute of Construction, Construction Industry Council; Sophia Chong, Assistant Executive Director, HKTDC; Andy Kwan, Senior Engineer/Training, Electrical & Mechanical Services Department; Patricia Chan, Acting Director, External Relations Office, Vocational Training Council; and Dr. Cheng Siu-lung, Director, PopSand Technologies Company Ltd.

The 28th HKTDC Education & Careers Expo runs from 1-4 February. Photo from last year's expo.

Exploring Learning and Employment Opportunities for Success

HONG KONG, Jan 25, 2018 - (ACN Newswire) - The 28th HKTDC Education & Careers Expo opens on 1 February and continues through 4 February at the Hong Kong Convention and Exhibition Centre (HKCEC). Open to the public free of charge, the expo organised by the Hong Kong Trade Development Council (HKTDC), provides a wealth of information on education and job opportunities.

Featuring two major zones - Education Zone and Careers Zone - the four-day fair will host 870 organisations from 21 countries and regions, including educational institutions, consulting firms, professional associations, government departments, semi-government bodies and private enterprises.

Career prospects in four highlighted industries

At today's press conference (25 January), HKTDC Assistant Executive Director Sophia Chong said that the expo aims to offer visitors comprehensive information on further studies, continuous education and job opportunities as well as insights on human resources needs and prospects of popular and up-and-coming industries. "For employment opportunities, this year's expo features four career theme days, highlighting the employment trends of relevant industries: Arts & Culture, Banking & Finance, Civil & Public Services, and the ever-popular Electrical & Mechanical."

Arts & Culture theme day (1 February) will feature a range of seminars on the job nature and requirements for careers related to culture, arts and museums. The theme day is supported by the Vocational Training Council (VTC), and first-time participants West Kowloon Cultural District Authority and the Leisure and Cultural Services Department will be recruiting onsite during the fair, offering positions such as Leisure Services Managers and Music Officers. The West Kowloon Cultural District Authority will introduce a six-month M+ internship programme for those looking to enter the museum industry. VTC graduates will present industry-collaboration projects that incorporate technology and STEM elements.

At the Electrical & Mechanical theme day (2 February), the Hong Kong Electrical and Mechanical Trade Promotion Working Group, comprising 19 institutions including the Electrical and Mechanical Services Department, CLP, MTR and the Water Supplies Department, will set up an Electrical and Mechanical Exhibition Zone, featuring information on the latest developments in the local industry, as well as relevant training and job opportunities.

As one of Hong Kong's four pillar industries, the finance industry attracts many fresh graduates. The Banking & Finance theme day (3 February) is co-organised by the HKTDC and Hong Kong Institute of Bankers. Seminars will focus on such topics as banker certification and the timely subject of financial technology known as Fintech. Working for the government is considered a secure career choice and a highly sought-after job. The Civil & Public Services theme day (4 February) will see representatives from government departments, the disciplined services, including the Hong Kong Fire Services Department, the Police Force, the Immigration Department, Correctional Services Department, Customs and Excise Department, along with the semi-government bodies Airport Authority and the HKTDC introduce different jobs and recruitment details.

Close to 2,400 job vacancies on-the-spot

The Education & Careers Expo also offers on-site job recruitment by various government departments and private and public organisations, including the Police Force, Fire Services Department, Immigration Department, the Airport Authority, West Kowloon Cultural District Authority, Centaline Property Agency Ltd and DKSH. Nearly 2,400 job opportunities, comprising summer jobs and internships, will be offered during the expo.

The Youth Zone returns this year with information on further education and career planning for young people. Representatives from the Labour Department will introduce the Youth Employment and Training Programme, which is designed to support local youth employment, and provide information on various overseas employment and working holiday programmes.

Global educational opportunities

Apart from local educational institutions, this year's education theme days will focus on the Chinese mainland (1 February), the United States (2 February), Europe (3 February) and Australia and New Zealand (4 February). Consultants from these markets will offer information on admission procedures, entry requirements and campus life in these destinations. Gathering various Consulate General (CG) offices and officially recognised bodies, the "International Exchange Village" will provide visitors with information and consultation services on studying and working abroad. Participating CG offices include Bangladesh, the Czech Republic, Hungary, Iran, Japan, Korea, the Philippines, the Netherlands, Mexico, South Africa and Sweden.

More than 100 on-site activities will be held during the expo this year. For educational seminars, veteran liberal studies teacher Hui Shing-yan will share tips on studying the subject and preparing for the HKDSE examination. With the International Baccalaureate Diploma Course (IB) becoming popular among local students, Elton Chau, General Manager, NTK Academic Group, will talk about the IB programme and help students plan their education.

Other events include a seminar featuring Oscar Lee, Principal Anchor of NOW TV, and Karen Cheng, Medical PR Agency Consultant and former news anchor, who will share their experience in becoming news anchors. One of Hong Kong's most popular social media influencers, Teddy Head, will offer tips on becoming a professional YouTuber. Travel show personality Chris Leung, who obtained eight As in the HKCEE and was chosen to be among the three finalists for "the Best Job in the World" in Australia, will share how to turn one's passion into a career in the seminar "What's your dream life?". A range of working holiday seminars will also be staged detailing job types and eligibility of working holiday programmes in Austria, France, Germany, Japan, the Netherlands and Sweden.

Date & Opening Hours
- 1 February (Thursday) 10:30am-7pm, Arts & Culture, Chinese mainland
- 2 February (Friday) 10:30am-7pm, Electrical & Mechanical, United States
- 3 February (Saturday) 10:30am-7pm, Banking & Finance, Europe
- 4 February (Sunday) 10:30am-6pm, Civil & Public Services, Australia and New Zealand

Fair website: hkeducationexpo.hktdc.com
Event Schedule: http://www.hktdc.com/HKTDC-Education-and-Careers-Expo/Event-Schedule.html
Photo Download: http://bit.ly/2DKv42w

About HKTDC

Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.
- Google+: https://plus.google.com/+hktdc
- Twitter: http://www.twitter.com/hktdc
- LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

Contact:
Selina Fan
Tel: +852 2584 4298
Email: selina.mi.fan@hktdc.org

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BDO Announces Winners of the Inaugural BDO ESG Awards

January 25, 2018, 2:16 am

≫ Next: AIR Worldwide Estimates Industry Insured Losses for Winter Storm Friederike Will be Between EUR 1.3 Billion and EUR 2.6 Billion

≪ Previous: HKTDC Education & Careers Expo Opens Next Thursday

Winners of the BDO ESG Awards - ESG Reports of the Year 2018 celebrate their achievements with representatives of BDO, SCMP, judging panel and other honourable guests at the Awards Presentation Ceremony.

Representatives of BDO; Mr Zhang Qiang, Deputy Director-General Coordination Department of the Liaison Office of the Central People's Government in the HKSAR (Third from the left); and Mr Joseph Chan, Under Secretary for the Financial Services and the Treasury Bureau in the Government of the Hong Kong Special Administrative Region (Third from the right), preside over the inaugural BDO ESG Awards Presentation Ceremony.

First-of-its-kind awards scheme acknowledges outstanding companies that set ESG performance and reporting best practices and standards

HONG KONG, Jan 25, 2018 - (ACN Newswire) - BDO Limited (BDO), the world's fifth largest accountancy network, has announced and honoured today the winners of the inaugural BDO ESG Awards. The first-of-its-kind awards scheme in Hong Kong, the Awards recognise outstanding companies who have made a positive impact in the areas of Environment, Social and Governance (ESG) and aim to raise awareness and provide companies with examples of best practices to fulfil the increasing expectations and requirements on ESG performance and ESG reporting standards.

The BDO ESG Awards are organised and hosted by BDO Limited in Hong Kong, with the support of BDO International Limited & BDO China, showcasing the BDO global network's expertise in risk management and compliance issues.

The top three companies from each of the large market capitalisation, middle market capitalisation and small market capitalisation segments of Main Board listed companies, as well as companies from the Growth Enterprise Market were selected as winners in each of the following two award categories: (1) Best in ESG Awards and (2) Best in Reporting Awards. The companies with the best combined scores in those two categories were granted the ESG Report of the Year Awards (full list below).

Dr William Yu, Chairman of the Judging Panel of the Best in ESG Awards, said, "Although participating companies had a wide range of different focuses, emphasis and choice of community investments, the ESG Award provided an excellent platform for these public listed companies to learn from one another on ESG Best Practices. Regardless of the results, the award participants will be encouraged and incentivised to improve their ESG performance and enrich their ESG initiatives. We look forward to meeting more inspiring companies at next year's ESG Awards."

Dr Kelvin Wong, JP DBA FHKIoD, Chairman of the Judging Panel of the Best in Reporting Awards, said, "My heartiest congratulations to the awardees who have orchestrated such excellent ESG reports. These award-winning reports are exemplary for companies which determine to raise their ESG standards. I am hopeful that through the encouragement of BDO ESG Awards and the excellence of ESG reporting among listed issuers, it will help further raise the standard of Hong Kong as a competitive international financial centre!"

Mr Clement Chan, Managing Director of Assurance, BDO Hong Kong, said, "ESG reporting is an important development which makes corporates report on a much wider scope of business aspects that is relevant to general sustainability rather than just the traditional financial aspects. With the ESG reporting responsibilities, all corporates need to be more vigilant and mindful about the social and environmental effects of their business activities which will in turn contribute to the well-being and long-term sustainability of our globe. Hong Kong as an international financial centre needs to play our part and I am very glad to see BDO Hong Kong leading this thrust."

Mr Johnson Kong, Managing Director of Non-Assurance, BDO Hong Kong, said, "On behalf of BDO, I would like to express our deepest gratitude to the final round judges. Their expertise and generous time commitment have greatly enhanced the credibility of the Awards. Going forward, BDO will continue to support Hong Kong-listed companies in improving ESG standard to maintain Hong Kong's position as a world leading financial centre by boosting the confidence of and attracting more global investors to the city."

Mr Ricky Cheng, Director and Head of Risk Advisory of BDO, said, "Clearly, increasing disclosure in ESG is a one-way street. Investors and peers will request greater disclosure from companies in the future. The journey of good ESG disclosure has just started in Hong Kong, and there is a still a long way to go for a lot of companies. What can be said is that the earlier companies embark on the ESG journey, the sooner and greater the yield and benefits for their business. We believe that with greater experience gained in ESG reporting, companies will continue to develop and release better ESG Reports that reduce risk, conserve resources and attract more investors."

BDO ESG Awards 2018 Winners (listed in no particular order)

Best in ESG - Large Cap
Cathay Pacific Airways (293.HK)
UNITED COMPANY RUSAL PLC (486.HK)
Lenovo Group Limited (992.HK)

Best in ESG - Mid Cap
Yuexiu Property Company Limited (123.HK)
Melco International Development Ltd. (200.HK)
Xtep International Holdings Limited (1368.HK)

Best in ESG - Small Cap
Yip's Chemical Holdings Limited (408.HK)
Panda Green Energy Group Limited (686.HK)
Hung Fook Tong Group Holdings Ltd. (1446.HK)

Best in ESG - GEM
Altus Holdings Ltd. (8149.HK)
Northern New Energy Holdings Ltd (8246.HK)
Xinyi Automobile Glass Hong Kong Enterprises Ltd (8328.HK)

Best in Reporting - Large Cap
Cathay Pacific Airways (293.HK)
Lenovo Group Limited (992.HK)
AAC Technologies Holdings Inc. (2018.HK)

Best in Reporting - Mid Cap
Yuexiu Property Company Limited (123.HK)
Melco International Development Ltd. (200.HK)
Yuexiu Real Estate Investment Trust (405.HK)

Best in Reporting - Small Cap
Fairwood Holdings Limited (52.HK)
Yip's Chemical Holdings (408.HK)
Panda Green Energy Group Limited (686.HK)

Best in Reporting - GEM
Luk Hing Entertainment Group Holdings Ltd (8052.HK)
Altus Holdings Ltd. (8149.HK)
Northern New Energy Holdings Ltd (8246.HK)

ESG Report of the Year - Large Cap
Lenovo Group Limited (992.HK)

ESG Report of the Year - Mid Cap
Melco International Development Ltd. (200.HK)

ESG Report of the Year - Small Cap
Panda Green Energy Group Limited (686.HK)

ESG Report of the Year - GEM
Northern New Energy Holdings Ltd (8246.HK)

About the BDO ESG Awards
The BDO ESG Awards recognise outstanding listed companies in Hong Kong who have made a positive impact in the areas of Environment, Social and Governance (ESG) - particularly those who implement outstanding sustainability initiatives. The Awards aim to encourage companies to be more aware of their social responsibility to incorporate sustainability into their business model. For details, visit: http://www.bdoesgawards.com

About BDO Limited
BDO Limited in Hong Kong is a member firm of the international BDO network of independent member firms. BDO is a global accountancy network with over 1,500 offices in more than 162 countries and over 73,854 people providing advisory services throughout the world.

BDO Limited was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO Limited provides an extensive range of professional services including assurance services, business services & outsourcing, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.

Contacts
BDO Limited
Sala Lo
Senior Marketing Manager, BDO
Hong Kong
Tel +852 2218 3042
salalo@bdo.com.hk

Heidi Lau
Marketing Manager, BDO
Hong Kong
Tel +852 2218 2325
heidilau@bdo.com.hk

Strategic Financial Relations Limited
Vicky Lee
Tel +852 2864 4834
vicky.lee@sprg.com.hk

Denise Siu
Tel: +852 2114 4913
denise.siu@sprg.com.hk

↧

AIR Worldwide Estimates Industry Insured Losses for Winter Storm Friederike Will be Between EUR 1.3 Billion and EUR 2.6 Billion

January 26, 2018, 12:00 am

≫ Next: IVECO's New China Daily wins title in China's first 'Van of the Year' awards

≪ Previous: BDO Announces Winners of the Inaugural BDO ESG Awards

BOSTON, Jan 26, 2018 - (ACN Newswire) - Catastrophe modeling firm AIR Worldwide estimates that insured losses due to wind from Winter Storm Friederike will range between EUR 1.3 billion and EUR 2.6 billion, the majority of which are expected in Germany, France, the United Kingdom, Belgium, and the Netherlands. Lower levels of loss are also expected in Austria, the Czech Republic, Denmark, Estonia, Finland, Ireland, Latvia, Lithuania, Luxembourg, Norway, Poland, and Sweden. AIR Worldwide is a Verisk (Nasdaq: VRSK) business.

Friederike's extreme winds tore across Western Europe on January 17 to 19, damaging buildings in the UK, the Netherlands, Belgium, Luxembourg, France, Germany, Poland, and the Czech Republic. There were reported instances of Friederike's winds blowing roofs off buildings.

The UK was first hit by gusts of up to 130 km/h (80 mph) during the overnight hours of January 17 to 19. In Germany, wind speeds reached 203 km/h in mountainous regions and up to 138 km/h in low-lying areas. The storm left as many as 140,000 homes without power and caused travel chaos as it brought down trees onto rail lines and roads, forced bridges to close, and disrupted flights and train and ferry services.

German meteorological services Deutscher Wetterdienst (DWD) stated that Winter Storm Friederike was one of the strongest since Kyrill struck 11 years ago to the day. Kyrill, however, was considerably larger.

AIR's estimates reflect wind damage only to onshore residential, commercial, and industrial properties; automobiles; agricultural properties; greenhouses in the Netherlands and Denmark; and forestry in Finland, Norway, and Sweden.

AIR's modeled insured loss estimates include:

- Insured physical damage from wind to property (residential, commercial, industrial, agricultural, and auto), including structures, contents, and direct business interruption
- Insured physical damage from wind to greenhouses in the Netherlands and Denmark
- Losses to insured forestry in Finland, Norway, and Sweden

AIR's modeled insured loss estimates do not include:

- Losses due to coastal or inland flooding
- Business interruption and additional living expenses (ALE) for residential claims for all modeled countries, except the UK (note that clients' business interruption exposures can be modeled in Touchstone)
- Losses to uninsured properties
- Losses to infrastructure
- Demand surge

About AIR Worldwide

AIR Worldwide (AIR) provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events. In 1987, AIR Worldwide founded the catastrophe modeling industry and today models the risk from natural catastrophes, terrorism, pandemics, casualty catastrophes, and cyber attacks, globally. Insurance, reinsurance, financial, corporate, and government clients rely on AIR's advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, site-specific engineering analyses, and agricultural risk management. AIR Worldwide, a Verisk (Nasdaq:VRSK) business, is headquartered in Boston with additional offices in North America, Europe, and Asia. For more information, please visit www.air-worldwide.com.

For more information, contact:
Kevin Long
AIR Worldwide
+1-617-267-6645
klong@air-worldwide.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AIR Worldwide via Globenewswire

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