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AIM Vaccine Enters the Period of Explosive Growth in Major Single Products

Leading the Two Golden Tracks of Pneumonia Vaccine and Rabies Vaccines


HONG KONG SAR – Media OutReach Newswire – 4 March 2024 – AIM Vaccine Co., Ltd. (the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that the company has made significant progress in the research and development of its Pneumonia vaccine and Rabies vaccine products. The launch of these new products is expected to accelerate, providing significant momentum for the company’s future revenue growth. The Company has initiated Phase II clinical trials for its Tetravalent meningococcal conjugate vaccine (MCV4), while the clinical trials for the Group’s diphtheria, tetanus and acellular pertussis – HIB combined vaccine is also progressing rapidly.

According to the preliminary performance forecast for the 2023 , assuming that the sales revenue remains relatively stable compared to 2022, the company has made significant provisions for impairment of intangible assets and goodwill, as well as increased research and development expenses due to the third-phase clinical trials of its five major core products and the changing landscape of the COVID-19 pandemic. As a result, the performance for the year 2023 is expected to be a loss. However, it is anticipated that with the concentrated launch of several heavyweight new products by the company, AIM Vaccine is poised for a strong comeback

AIM Vaccine is strategically developing its portfolio of Pneumonia vaccine products by continuously innovating and rapidly advancing iterative upgrades through research and development. Among them, the 13-valent pneumonia conjugate vaccine has completed on-site work for Phase III clinical trial and has submitted a pre-application for marketing. the 23-valent pneumonia polysaccharide vaccine has also completed Phase III clinical trial and is expected to apply for marketing registration in 2024. the 20-valent pneumonia conjugate vaccine has submitted a pre-application for clinical trials; while the 24-valent pneumonia conjugate vaccine, which is being simultaneously developed globally for the first time, has completed preclinical research.

According to the classification of the World Health Organization, pneumococcal disease is one of the diseases requiring “very high priority” use of vaccines for prevention. The 13-valent pneumonia conjugate vaccine approved in China only covers those under 6 years old. The market for those over 6 years old is still blank. China Insights Industry Consultancy Limited, an industry consultant, predicts that the market size of this vaccine in China is expected to exceed RMB20 billion by 2030, indicating tremendous market potential. In addition, the estimated penetration rate of the 13-valent pneumonia conjugate vaccine in the approved age group in China is 25.9%, while the penetration rate in the corresponding age group in the United States exceeds 80%, indicating that there is still significant room for growth in the Chinese market. It is estimated that the global underserved demand for the 13-valent pneumonia conjugate vaccines is as high as 180 million doses. However, currently only three companies have been approved to supply them globally. After the launch of its 13-valent pneumonia conjugate vaccine, the Group is expected to become an important supplier in the market.

The Group’s strategic positioning of its rabies vaccine products has also achieved exciting progress. As the second largest supplier of rabies vaccine globally, the Group has expedited the development of iterative rabies series vaccines, in particular: The on-site work of the phase III clinical trial of iterative serum-free rabies vaccine has been completed, and various preparatory work for the new drug application is underway, which is planned to be completed in 2024; The pre-application for clinical trial for the novel-process human diploid rabies vaccine is expected to be submitted in the first half of 2024; 3. the iterative mRNA rabies vaccine is the first non-COVID-19 mRNA vaccine candidate accepted by relevant authorities in China.

To date, there is no serum-free rabies vaccine approved for launch in the global market. The novel-process human diploid rabies vaccine developed by the Group became the first to break through the technical bottleneck of low virus titer and small yield in the traditional process, with optimized and innovated purification process, which has notably improved product quality and safety as compared with similar marketed products in China, and has the production capacity for large-scale commercialization.

Based on the performance forecast and the progress in product development, AIM Vaccine’s investment in research and development is gradually paying off. The company’s revenue and operations are stable and improving, which will help the company better seize market opportunities. At the same time, AIM Vaccine adheres to its development strategy and layout of major single products, large production capacity, and strong commercialization capabilities. Leveraging its top-class vaccine development platform technology and internal research and development team, the company fully meets the market demand for iterative upgraded vaccines. This helps achieve new productive forces in the industry, leads international industry innovation, and contributes to the establishment of a robust public health system and the comprehensive implementation of the Healthy China strategy.
Hashtag: #AIMVaccine

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

About AIM Vaccine Co., Ltd.

AIM Vaccine (stock code: 06660) is committed to manufacturing conscientious vaccines and promoting the health of the people. It is the second-largest vaccine group in China and the largest private-sector vaccine group, with a complete industry chain. AIM Vaccine is a leading company in the Chinese vaccine industry and one of the top players in the mRNA vaccine field. As one of the most strictly regulated industries in the country, China has over 40 vaccine production qualifications nationwide. Currently, AIM Vaccine owns four wholly-owned licensed vaccine production companies and three vaccine research institutes. It is one of the only two human vaccine companies in China with strategic resources such as P3 laboratories. AIM Vaccine is also the world’s largest manufacturer of hepatitis B vaccines and the second-largest manufacturer of rabies vaccines globally.

AIM Vaccine has a portfolio of eight commercialized vaccines and 23 vaccines under development, covering the top ten vaccine varieties globally. Its commercialized products have maintained a leading market position for a long time, with sales covering all 31 provinces, municipalities, and autonomous regions in China, reaching over 2,000 district and county-level disease control centers.

ASEAN-South Korea Music Festival 2024 Coming to Laos in November

(Photo: The Star)

The ASEAN-South Korea Music Festival 2024 (2024 ROUND) is set to take place in Laos this November.

24th ASEAN Energy Business Forum Set to Support Laos’ ASEAN Chairmanship

Dr. Nuki Agya Utama, Executive Director of ACE. (Photo: ACE)

The ASEAN Centre for Energy (ACE) and the Ministry of Energy and Mines in Laos are delighted to announce that the 24th ASEAN Energy Business Forum (AEBF-24) is set to convene in Vientiane Capital from 25 to 27 September.

European Union Sparks Blue Wave in Vientiane

Three friends walking around the streets of Vientiane on 3 March for the EU's "ForOurPlanet" campaign. (Photo: The Laotian Times)

The streets of Vientiane resembled a flowing river of blue shirts on Sunday, 3 March, as more than 500 people gathered at That Luang Square to join the European Union’s (EU) “ForOurPlanet” campaign.

The event aimed to raise awareness about the triple crisis of climate change, environmental degradation and biodiversity loss and to sensitize the public on the importance of taking care of nature.

Organized by the European Union Delegation to Laos, in collaboration with Team Europe partners including France, Germany, Hungary, Luxembourg, and Switzerland, the event culminated a nine-day campaign spanning from 18 to 27 January. This comprehensive effort aimed to raise awareness among the Lao population about Team Europe’s efforts in combating climate change and environmental challenges, including biodiversity protection, sustainable agriculture practices, forestry, and wastewater treatment.

Vientiane residents walk for the environment on 3 March, 2024. (Photo: The Laotian Times)

As dawn broke and the city roused from slumber on Sunday morning, participants from across Vientiane Capital, comprising environmental enthusiasts, local community members, and national and international diplomats, demonstrated their commitment to advocating healthier and more eco-conscious habits.

In her opening address, Ina Marčiulionytė, the EU Ambassador to Laos, stressed the significance of collective action in effecting meaningful change.

“We are making a big change through small steps,” she remarked, conveying the spirit of the campaign.

Ina Marčiulionytė, the EU Ambassador to Laos, taking a selfie with a runner. (Photo: The Laotian Times)

The highlight of the event was the promotion of sustainable practices through a biking and walking tour, allowing participants to engage in morning exercise amidst the early breeze while advocating for environmental sustainability.

But the campaign extended beyond the city streets; it also featured an interactive quiz on Facebook in the days leading up to the gathering. The quiz tested followers’ understanding of environmental issues and incentivized participation, promoting good mobility and a healthy lifestyle.

During the event, the EU delegation hosted an award ceremony for the three winners of the EU Facebook quiz, each receiving a bike and a helmet.

Supported by the Lao Cycling Association and Vientiane Municipality, the walking and cycling tour aimed to promote sustainable living and environmental awareness through collaboration with local organizations. This initiative aligned with the broader objectives of the “ForOurPlanet” campaign, uniting European delegations worldwide to address pressing challenges posed by climate change and environmental degradation.

The escalating impacts of climate change and rapid ecosystem degradation pose a pressing need to adopt collective action. Through the “ForOurPlanet” campaign, the EU and Team Europe in Laos aim to demonstrate solidarity with the global community grappling with the nature crisis. In addition to ongoing initiatives like the campaign, Team Europe’s collaboration with the Ministry of Agriculture and Forestry in Laos through a new program aims to commit to sustainable and inclusive agriculture and forestry sectors while enhancing local livelihoods, safeguarding forests, biodiversity, and addressing climate change.

Kaohsiung Draws Potential Investors at Kumamoto Expo


KAOHSIUNG, TAIWAN – Media OutReach Newswire – 4 March 2024 – Headed by Deputy Mayor Lo Ta-sheng, the Kaohsiung delegation to KUMAMOTO Industrial Revitalization EXPO 2024 and for a fact-finding tour of Kyushu has wound up a hugely rewarding journey. Over the course of the two-day expo, the Kaohsiung Pavilion hosted 830 international visitors, talked with 50 potential buyers, and garnered orders estimated at US$1,140,000. Above all, the visit proved a great success in arousing Japanese businesses’ interest in the port city of Kaohsiung. The Kaohsiung City Government’s efforts towards soliciting businesses and investments have indeed paid off in the form of a boost to international reputation.

Photo 1: A hearty response to the Kaohsiung Pavilion at the Kumamoto expo.
Photo 1: A hearty response to the Kaohsiung Pavilion at the Kumamoto expo.

Deputy Mayor Lo said the latest expo was intended mainly to showcase Kumamoto’s resilience and extraordinary recovery in the wake of the 2016 earthquake and the flooding in July 2020. Above all, the welcome advent of Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) gave a further boost to its revitalization. Kaohsiung and Kumamoto are both semiconductor hubs: the former enjoys an edge in wafer foundry and packaging and testing while the latter excels in materials and equipment. To promote closer collaboration between the two cities, Lo explained, the Kaohsiung delegation comprised four local semiconductor companies: 4DMEN Technology Co., Ltd., Taiwan Valqua Engineering International Ltd., Gongin Precision Ind. Co., Ltd., and Advanced Echem Materials Co., Ltd. In addition to enhancing their brand visibility, they were excited to learn more about Kumamoto’s semiconductor needs and broaden their business reach accordingly.

Photo 2: A bustling scene at Kaohsiung’s business promotion presentation in Fukuoka.
Photo 2: A bustling scene at Kaohsiung’s business promotion presentation in Fukuoka.

Moreover, Shinya Iwashita, Chief Executive Officer of Tsuruya Department Store subsidiary Amanatsu Royal Co., Ltd., visited the Kaohsiung Pavilion at the invitation of the Kaohsiung City Government. After consultations with MAYUSHAN FOOD Co., Ltd., Joywell Cake Store Co., Ltd., and LE PONT, he lauded their dedication to R&D and impressive array of food products placing emphasis on both health and flavor. Tsuruya Department Store is optimistic about the potential of these delicacies and keen to usher them into the Japanese market at an early date.

Alongside its attendance at the Kumamoto Expo, the Kaohsiung City Government organized an investment promotion seminar at the startup hub Growth 1 in Fukuoka. The event attracted over 40 visitors from more than 10 startups in such fields as IOT, smart medical devices, and green energy. What followed was a string of lively discussions about possible cooperation. Hori Hironobu, director of the Fukuoka City Government’s Business Startup & Investment Promotion Department, said the city’s designation as a National Strategic Special Zone for startups in 2012 has made it an irresistible magnet attracting global startups to invest. Fukuoka looks forward to working with Kaohsiung to create a cross-border ecosystem that accommodates the startups of both Taiwan and Japan.

Liao Tai-hsiang, director-general of the Economic Development Bureau, Kaohsiung City Government, said that Fukuoka is home to many promising international startups while Kaohsiung boasts Asia’s New Bay 2.0 Park as well as multiple startup hubs and incubation centers. Given the two’s complementary development paths, there is ample room for bilateral cooperation in R&D, talent cultivation, startup interconnections, and industry exchanges, thereby providing their respective startups with fresh momentum for innovation. Japan’s startups are welcome to come to Kaohsiung and the city government is ready to provide them with one-stop services and whatever other assistance is needed.

The Kaohsiung delegation also visited the Fukuoka Hydrogen Station, the world’s first such facility offering energy sourced from sewage treatment. As a major industrial city committed to achieving net zero in 2050, Kaohsiung is keen to promote carbon reduction, stay up to date with the latest in green energy, and ultimately attain sustainable development. In Fukuoka, the delegation also called at the Kyushu Bureau of Economy, Trade and Industry and Kyushu University to discuss bolstering exchanges in the semiconductor industry and its talent. The consensus is for Kaohsiung and Kyushu to strengthen academic and technological cooperation, engage in closer industry-academic collaboration, and extend support for education and research, thereby making semiconductor companies of both sides more competitive going forward.

Hashtag: #Kaohsiung

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

Thai Court Drops Case Against Former PM Yingluck Shinawatra

Thailand’s former Prime Minister, Yingluck Shinawatra (Photo: AP)

BANGKOK (AP) — A Thai court on Monday, 4 March, dropped a charge against former Prime Minister Yingluck Shinawatra, now living in exile, for mishandling government project expenditure in 2013.

Amari Pattaya Launches Enchanting Beach Lawn Glamping Experience at Thailand’s Tranquil Pattaya Bay


BANGKOK, THAILAND – Media OutReach Newswire – 4 March 2024 – Amari Pattaya, nestled at the serene northern edge of Pattaya Bay, Thailand, is thrilled to unveil its latest offering – the immersive Beach Lawn Glamping experience. Tailored for families, couples, and groups of friends, this captivating event takes place every Saturday on the resort’s green and lush lawn, set against the picturesque backdrop of Pattaya Bay’s mesmerising sunset. Just steps away lies a serene stretch of one of Thailand’s most popular beaches, adorned with golden sands and gently lapping waves, creating a personal tropical paradise. Entry is free, with both resort guests and locals invited to join the unforgettable evening, featuring delicious food and drink, arts and crafts, outdoor games, live music and welcoming hospitality amidst the balmy Thai evening air.

From 17:00 to 20:00, attendees are treated to a culinary journey featuring a delightful selection of meticulously crafted dishes and refreshing beverages, celebrating the essence of coastal living. Beach Lawn Glamping is more than just a gastronomic delight; it’s a sanctuary for creativity and exploration.

Starting from 17:30 to 20:00, guests of all ages can unleash their imagination and artistic flair through engaging arts and crafts activities, where every creation becomes a testament to the beauty of self-expression. As live music fills the air with rhythmic melodies from 18:00 to 20:00, attendees find themselves swept away by the charm of the occasion, dancing beneath the stars and forging connections that transcend language and culture.

Whether savouring exquisite flavours, indulging in creative pursuits, or losing themselves in the enchanting melodies, Beach Lawn Glamping promises an unforgettable experience for all who attend.

A slice of paradise on the pristine shores of Pattaya Bay, away from the hustle-and-bustle, Amari Pattaya is a luxurious, family-friendly resort, with spaces thoughtfully designed for that comforting home-from-home experience, with sand, sea and surf provided aplenty. With unparalleled views of the azure waters, golden sands and lush greenery, this iconic, tranquil resort embodies the essence of Thai hospitality. From its elegantly appointed rooms and suites to its world-class amenities, every aspect of Amari Pattaya is designed to offer guests an unforgettable stay. Whether lounging by the infinity pool, rejuvenating at the Breeze Spa, or savouring delectable cuisine at its signature restaurants, guests are treated to a truly unforgettable retreat and invited to discover the beauty of this Thai coastal paradise. Younger group members will be well-entertained with a comprehensive Kids Club, large pool complete with fountains and slides, and play park. Making family trips, multi-generational travel, or travelling with a group, easier than ever, Amari Pattaya offers 2-3 bedroom Amari Suites. The vibrant buzz of Pattaya’s modern city malls are also nearby for those looking to add shopping and exploration into their trip.

Prices at Amari Pattaya start from 3,250 THB per night (approximately GBP £71), based on two sharing a Deluxe room on a room only basis. Stay before 30th June 2024 and receive an exclusive 20% discount on food and beverages from the à la carte menu, when booked online using the ‘Web Exclusive Package’. For bookings, please visit: https://www.amari.com/pattaya/special-offers

For more information on Amari Pattaya, please visit: www.amari.com/pattaya

For more information about Amari, please visit www.amari.com

For more information about ONYX Hospitality Group, please visit www.onyx-hospitality.com

Follow us on Instagram: https://www.instagram.com/onyxhospitalitygroup/

Follow us on LinkedIn: https://www.linkedin.com/company/onyx-hospitality-group/

Hashtag: #AmariPattaya

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

Kenanga Investors Triumphs With Eight Wins at the 2024 Best Of The Best Awards

Wins Malaysia Best Impact Investing Manager, Best Impacting Fund Manager in ASEAN, Malaysia Best Equity Manager, Malaysia CEO of the Year, Malaysia CIO of the Year, Malaysia Best House for Alternatives, Malaysia Most Improved Fund House & Malaysia Best Investor Education.


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 March 2024 – Kenanga Investors Berhad (“Kenanga Investors”) has received eight awards at the 2024 Best of the Best Awards held by the Hong Kong-based Asia Asset Management (“Awards”). Kenanga Investors was recognised for its exceptional performance in several categories, solidifying its position as a leading fund house in Malaysia and the ASEAN region.

Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer, Kenanga Investors Berhad
Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer, Kenanga Investors Berhad

Kenanga Investors received the following awards; Malaysia Best Impact Investing Manager, Malaysia Best Equity Manager, Malaysia Best House for Alternative, Malaysia Most Improved Fund House, Malaysia Best Investor Education, Best Impact Investing Manager in ASEAN.

In addition to the above, Executive Director and Chief Executive Officer Datuk Wira Ismitz Matthew De Alwis was awarded Malaysia CEO of the Year, marking this the fifth year that he has received this prestigious award. Simultaneously, Chief Investment Officer, Lee Sook Yee was awarded her seventh Malaysia CIO of the Year title.

The investment landscape has been dominated by a host of macro issues, yet the firm’s focus has remained steadfast on identifying growth opportunities. “The global markets, especially in the United States, have been widely acknowledged as the performing markets of the year. Despite this, our global and ASEAN funds showcased remarkable resilience and performed well even amid adverse market conditions. This success is largely due to our strategic focus on regions and sectors that demonstrate robustness and are poised to benefit from cyclical trends”, says Datuk Wira De Alwis. The firm’s investment excellence is demonstrated in its 6th consecutive Best Equity Manager and 5th consecutive Best House for Alternatives awards.

Kenanga Investors’ leadership in sustainability and impact investing is demonstrated through its commitment to generating positive social and environmental outcomes alongside financial returns for its clients. “Today, our role and engagements with investee companies has evolved beyond raising awareness, to fostering in-depth, two-way conversations focusing on enhancing existing practices and developing structured strategies. As such, we are honoured to receive not one, but two awards recognising our efforts within this space, including Best Impact Investing Manager in ASEAN”, Datuk Wira De Alwis explains.

Continuing its trajectory of innovation, Kenanga Investors recently broadened its product portfolio with the introduction of the Kenanga Islamic Asia Pacific (ex Japan) Total Return Fund. This new fund diversifies into the global Asia Pacific region in order to capture growth opportunities and to cater to a wider range of investor preferences, particularly those seeking Shariah-compliant investment options. This, combined with the expansion of its distribution networks, growth of its client segments and improved operational efficiency has contributed to its second Most Improved Fund House title.

In 2024, the firm expects to bring to market new solutions; from strategies that incorporate AI to regional private credit opportunities, as well as broader private market solutions and sustainability-linked investments.

The Malaysia Best Impact Investing Manager award recognises a firm’s success in deploying impact investing strategies in either public or private markets to generate positive, measurable social and environmental impact alongside sustainable financial returns.

The Best Impact Investing Manager in ASEAN recognises a firm’s efforts in making a difference in deploying its impact investing strategy in either public or private markets, the research and investment process, and assets under management.

The Malaysia Best Equity Manager award is in recognition of the success of the fund house’s equity products within Malaysia’s domestic market given the challenging trading conditions and its abilities in capturing potential growth opportunities.

The Malaysia CEO of the Year award is in recognition of the CEO’s overall achievements, performance of funds, increase of assets under management and their demonstration of leadership in the market.

The Malaysia CIO of the Year award is based on the CIO’s achievements at the country level and the strategies employed to capture growth whilst navigating risks associated with the pandemic.

The Malaysia Best House for Alternatives award recognises the firm’s achievements in growing the alternatives market, its performance record, and its growth in client base.

The Malaysia Most Improved Fund House award recognises a manager’s strong financial performance by growth in revenues and profits in the past two years.

The Malaysia Best Investor Education recognises the fund house’s role in raising awareness about financial planning in order to enhance retirement savings, initiatives taken, and channels deployed, use of technology as well as the significance of these efforts at the country level.

Asia Asset Management is the world’s longest-running publication focused on Asia’s institutional asset management and pension fund industry. Its Best of The Best Awards recognises the finest performers in Asia from financial services companies and institutional investors to service providers whose influence and excellence expands beyond borders.

For more information about Kenanga Investors, please visit www.kenangainvestors.com.my

Hashtag: #Kenanga

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

Kenanga Investors Berhad 199501024358 (353563-P)

We provide investment solutions ranging from collective investment schemes, portfolio management services, and alternative investments for retail, corporate, institutional, and high net worth clients via a multi-distribution network.

The Hong Kong-based Asia Asset Management’s 2024 Best of the Best Awards awarded KIB under the following categories, Malaysia Best Impact Investing Manager, Best Impact Investing Manager in ASEAN, Malaysia Best Equity Manager, Malaysia CEO of the Year, Malaysia CIO of the Year, Malaysia Best House for Alternatives, Malaysia Most Improved Fund House and Malaysia Best Investor Education.

At the Refinitiv Lipper Fund Awards Malaysia 2023, KIB won overall best Mixed Assets – Malaysia Pension Funds Group award for the third time. Accompanying this were individual fund wins awarded to:

  • Kenanga Malaysian Inc Fund for Best Equity Malaysia Diversified – Malaysia Provident Funds over 10 Years
  • Kenanga Managed Growth Fund for Best Mixed Asset MYR Flexible – Malaysia Provident Funds over 3 Years
  • Kenanga Managed Growth Fund for Best Mixed Asset MYR Flexible – Malaysia Provident Funds over 5 Years
  • Kenanga Managed Growth Fund for Best Mixed Asset MYR Flexible – Malaysia Provident Funds over 10 Years

The FSMOne Recommended Unit Trusts Awards 2023/2024 named Kenanga Growth Fund Series 2 as “Sector Equity – Malaysia Focused”, Kenanga Shariah Growth Opportunities Fund as “Sector Equity – Malaysia Small to Medium Companies (Islamic)” and Kenanga Shariah OnePRS Growth Fund as “Private Retirement Scheme – Growth (Islamic)”.

For the seventh consecutive year, KIB was affirmed an investment manager rating of IMR-2 by Malaysian Rating Corporation Berhad, since first rated in 2017. The IMR rating on KIB reflects the fund management company’s well-established investment processes and sound risk management practices. As at end-June 2023, most of KIB’s funds had performed better than benchmarks and were comparable to peers.

This Press Release was issued by Kenanga Group’s Marketing & Communications department.