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SABUY Announces Equity Transaction with Alternative Investment Firm, GEM Global Yield LLC SCS

BANGKOK, THAILAND – Media OutReach – 6 November 2023 SABUY Technology Public Company Limited (SABUY) announces one of its major shareholders officially sold the first tranche of 20.585 million shares of SABUY Technology to GEM Global Yield LLC SCS (GEM).

SABUY image (002).jpg

Under the equity investment arrangement with Luxembourg-based Global Emerging Markets, the firm has the option to purchase up to THB 1.75 billion of stock, not exceeding 19,9% of the outstanding share capital of SABUY. As a long-only and passive firm, GEM will not have any involvement in the management of SABUY.

“With SABUY’s unique business model, strong growth prospects, unlocked equity value and quality management, GEM has decided to choose SABUY as its first investment in Thailand. However, since SABUY has no plan to issue new shares, GEM structured and executed the equity investment arrangement directly with the major shareholders of SABUY whereby the sellers have the right to sell SABUY shares to GEM under the THB 1.75 billion committed facility. The sellers could use part of the proceeds for the upcoming equity warrant conversion of SABUY, which will in turn strengthen the financial position of SABUY further. Needless to say, SABUY will have a stronger, more diversified shareholder base and has receive further interest from other global investors”, said SABUY Executive Director and CFO Mr. Narongchai Wongthanavimok.
Hashtag: #SABUY #GEM

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

About The Global Emerging Market Group (GEM)

GEM Global Emerging Markets (‘GEM’) is a $3.4 billion, alternative investment group with offices in Paris, New York and the Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 580 transactions in 75 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. The family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities, and select venture investments. For more information:

About SABUY Technology Public Company Limited (SABUY)

Founded in 2014 and listed on the Stock Exchange of Thailand, SABUY Technology Public Company has expanded from its payment business into various industries and become a company with a unique ecosystem serving over 50 million users in Thailand and more than 70 million transactions per month. Its businesses are categorized into i) B2C, so called Connext, ii) B2B or Enterprise Solutions, iii)

Payment & Electronic Wallet, iv) Financial Services (consumer finance and insurance brokerage), and v) Digital & Blockchain Technology.

The core subsidiaries and associates of SABUY include SABUY Connext Tech Public Company (manufacturer of water purifiers and distributor of consumer products), Vending Connext Company Limited and Vending Plus Company Limited (the operator of over 13,000 vending machines in Thailand), SABUY Speed Company Limited (the franchisor of more than 20,000 pick-up & drop-off shops nationwide), Plus Tech Innovation Public Company Limited (the manufacturer of credit cards and plastic cards and the provider of various enterprise solutions), SABUY Solutions Company Limited (foodcourt and canteen solution provider), Buzzebees Company Limited (the provider of CRM loyalty platform and the enabler of e-commerce services, SABUY Money Company Limited (the licensed provider of electronic money, payment gateway and electronic wallet), SABUY Capital Company Limited (consumer finance and supply-chain financing), Asphere Innovations Public Company Limited (online games, blockchain technologies and marketing technologies) and SABUY Market Plus Company Limited (online market platform). SABUY also invests in other businesses such as self-service locker, entertainment & media and self- laundry services which empower the ecosystem of SABUY in terms of customers’ journey, business synergic linkages and cost optimization. In 1H2023, SABUY reported the revenue of THB 5.1 billion, a y.o.y. growth of 204%, with the strong net profit of THB 347 million during the same period. For more information:

Laos, South Korea Build Cultural Bridge Through Art, Music

Signing ceremony of MOU between Laos and South Korea. (Photo/Pathedlao)

In an event held on 3 November, the National College of Arts, the Ministry of Information, Culture, and Tourism (MOI) of the Lao PDR, and the Asian Cultural Exchange Association of the Republic of Korea came together to sign a memorandum of understanding (MOU) aimed at fostering cooperation and cultural exchange between the two nations, especially through collaborative efforts in the performing arts.

A highlight of the collaboration is the establishment of the “Lao Youth Orchestra,” with active support from the Korean side. The Republic of Korea has pledged to provide assistance in the form of training, equipment, musical instruments, and performance experts to ensure the success and growth of the orchestra. Moreover, both parties will collaborate on recording and producing programs featuring the Lao Youth Orchestra, which will be broadcast on television channels in both countries.

The MOU was co-signed by Viengphone Soukkhavong, the director of the National College of Arts, and Ko Do-on, the president of the Asian Cultural Exchange Association.

Ko Do-on expressed her enthusiasm, stating, “This cooperation is the first and very important step in joining hands in the field of music art. After the signing, the two sides will engage in detailed discussions to ensure the successful implementation of the joint plan.” She further explained that the South Korean side would be responsible for the project’s implementation budget, while the Lao side would facilitate the necessary documentation and seek approval for the participation of experts and technicians from Korea.

The collaborative effort signifies a shared commitment to promoting cultural exchange and artistic development between Laos and the Republic of Korea. The signing of the MOU opens the door to a new chapter in bilateral relations, where the universal language of music becomes a bridge connecting the two nations.

China’s Leading CRM Provider Sharecrm:the Best Salesforce Alternative for Enterprises in Greater China and APAC

HONG KONG SAR – Media OutReach – 6 November 2023 – China’s leading CRM provider Sharecrm (Chinese brand name: 紛享銷客) has recently completed a new round of US$30 million financing and officially launched international business expansion. With Hong Kong as the connection point, Sharecrm is establishing an international service team locally, aiming to promote China’s best CRM solutions to Hong Kong and the global market.

As early as August 2022, Salesforce, the world’s leading customer relationship management (CRM) software provider, decided to close its Hong Kong representative office and hand over all sales operations in mainland China and Hong Kong to Alibaba. It can be foreseen that with the withdrawal of Salesforce local service team, the efficiency and quality of service provided to local enterprises in Greater China will inevitably be compromised. At the same time, the attention given to the localization of CRM application will continue to decrease.

In recent years, with the development of China’s digital economy and the digital transformation of enterprises, Chinese high-tech companies in cloud services, big data, artificial intelligence and other fields have taken advantage of the trend and gradually caught up with the world’s leading technology service providers. Sharecrm is one of the most representative companies in this regard. With 12 years of experience in the CRM field, Sharecrm has served more than 6,000 large and medium-sized enterprises and more than 300,000 small and medium-sized enterprise, and has accumulated a large number of experiences in implementing global business operation and management systems for multinational corporations, including nearly a hundred enterprise customers who have switched from Salesforce to Sharecrm.

According to data from IDC, Sharecrm ranks first in China’s SFA CRM industry in terms of revenue scale and market share. It has maintained an annual growth of over 40%, despite the impact of the epidemic over the past three years. In July 2023, Sharecrm announced a US$30 million investment from the Guizhou Innovation Empowerment Big Data Investment Fund. This is the third consecutive year that it has received capital support after receiving investment from CDH Baifu in 2021 and ChinaSoft International in 2022. Prior to this, Sharecrm has also received investment from outstanding investment institutions such as IDG Capital, Northern Light Venture Capital, DCM, Hillhouse Capital, CITIC Private Equity Funds, Kingdee International.

With the global political and economic environment becoming increasingly complex, the demand for companies to deeply cultivate customer and market has become stronger. The efficient development of new customers and the value management of existing customers have gradually become the foundation for the survival and development of enterprises. This has also contributed to the further development of platform-based CRMs like Sharecrm. In the past, traditional CRM, which was limited to the customer resource management, sales record management and sales opportunity funnel within sales department, has become outdated. A growth-oriented business platform that is customer-centric and performs value management around the entire customer life cycle is what is needed in the future.

While continuing to deepen its operation in mainland China market, Sharecrm officially established Hong Kong representative office in March this year, building an international service team and expanding international partners, with Hong Kong as a connection point to develop markets in Hong Kong, Macau, Taiwan, Southeast Asia and the Asia-Pacific region. After several months of expansion, Sharecrm has successfully signed contracts with enterprise customers in Hong Kong, Taiwan, Malaysia, Australia and other regions, cooperated with local agents in Hong Kong, and established fine cooperative relationships with partners such as Huawei Cloud Hong Kong and Kingdee Hong Kong.

With the withdrawal of Salesforce, the competitive landscape of CRM SaaS in Greater China has begun to be reshuffled. Sharecrm’s advantage of having a local service team has become increasingly obvious. Product and service cost-effectiveness, local services efficiency and quality are all competitive advantages.

The first is the cost-effectiveness of products and services. As global economic growth slows down, cost reduction and efficiency improvement through digital transformation have become a must-have for enterprise development, especially in countries and regions with high labor costs. Meanwhile, with the rapid growth of China’s SaaS vendors, the product technology and service capabilities of China’s CRM providers have gradually caught up with international technology giants. In addition, China’s IT talent cost is more advantageous. Therefore, from the perspective of product capabilities and costs, China’s CRM Products and services are more cost-effective. Especially after Salesforce raised price globally in August this year, this advantage has become increasingly obvious.

The second is localization of product capabilities. Based on PaaS+AI+connected CRM, at the beginning of product design, Sharecrm comprehensively considers marketing channels, sales models, integration capabilities and other aspects to fully adapt to the needs of enterprises in different countries and regions, supporting enterprises to carry out truly localized operations. It also pays more attention to the system usage habits of local users and the business processes of local enterprises. After years of experience in serving multinational corporations in the implementation of CRM systems, Sharecrm has been able to meet most of the CRM system application needs of companies operating in Hong Kong, Macau, Taiwan, Southeast Asia and even the entire Asia-Pacific market.

The third is dual service guarantee. Sharecrm has now established a local service team and cooperated with local service agents in Hong Kong, and will fully mobilize the industry service teams in Shenzhen and Guangdong, as well as remote online service teams in Beijing and Guizhou, to be able to provide services based on customer needs and cost considerations, to flexibly provide multi-lingual, efficient and high-quality local and remote implementation services.

The fourth is security compliance management. In response to security compliance issues that most enterprises are concerned about, Sharecrm has passed ISO27701 and other information security series certifications, and has formulated privacy agreements in line with global user usage, and has the ability to support enterprise GDPR compliance management. Enterprise users can ensure the data security and at the same time better implement data compliance regulations, such as obtaining customer data authorization through email.

In addition to deploying three data centers in mainland China, Sharecrm has also deployed availability zones in the Frankfurt data center in Germany, and is working with Huawei Cloud to prepare for the deployment of the Hong Kong data center. In the future, it will continue to build data centers in Southeast Asia and North America to help customers reduce regulatory risks and comprehensively ensure its data security. In terms of access speed and experience, which enterprises focus on, Sharecrm has deployed access services in major global networks such as Hong Kong, Singapore, and Washington, and enabled global CDN acceleration to ensure the stability and speed of international access performance for global users.

As China’s #1 CRM brand, Sharecrm has officially entered the international market based in Hong Kong. With its local service team and product capabilities close to the world’s leading CRM service providers, Sharecrm is committed to providing the best Salesforce alternative CRM system for enterprises in Hong Kong, Macau, Taiwan, Southeast Asia and even the Asia-Pacific region.

Hashtag: #CRM #客戶關係管理系統 #Sharecrm #紛享銷客 #Salesforce #SFA #SalesManagement


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

About ShareCRM

Headquartered in Beijing, Sharecrm currently has 13 direct branches in mainland China and Hong Kong, and marketing service centers in more than 50 cities nationwide. There are more than 1,200 employees and over 300 product R&D team members, for excellent SaaS enterprise with perfect R&D, implementation, and delivery capabilities.

ShareCRM is characterized by connected CRM, connects business, people, and systems to achieve customer-centric, efficient collaboration within an enterprise and upstream and downstream business. ShareCRM provides in-depth industrialized product solutions for large and medium-sized enterprises in high-tech, modern enterprise services, FMCG, agriculture and animal husbandry, large-scale manufacturing, and other industries. Its aim is to help enterprises achieve sustainable growth through the integration of marketing, sales, and service.

Since being established in 2011, Sharecrm has received investment from excellent investment institutions such as IDG Capital, Northern Light Venture Capital, DCM, Hillhouse Capital, CITIC Private Equity Funds, Kingdee International, and CDH Baifu. In addition, Sharecrm provides digital growth services for more than 6,000 large and medium-sized enterprises, such as Digital China, Kingsoft Cloud, CC.China, 3M, Zhende Medical, OPPLE, Orion, Muyuan, and Genki Forest.

Hang Lung X HKYWCA “Love·No·Limit” Dementia Friendly Program – Community Inclusion Day Supporting over 2,200 dementia patients and carers for three years in a row

Advocating early assessment Building a dementia-friendly community

HONG KONG SAR – Media OutReach – 6 November 2023 – The Hang Lung X HKYWCA “Love·No·Limit” Dementia Friendly Program – Community Inclusion Day, co-organized for the third consecutive year by Hang Lung Properties (SEHK stock code: 00101) (the “Company” or “Hang Lung”) and the Hong Kong Young Women’s Christian Association (“HKYWCA”), was successfully held at Amoy Plaza last weekend. Activities from free brain health consultations and cognitive testing providing information about important community resources and referral services to an exhibition of artworks co-created by dementia patients, carers and volunteers are offered at the event. The two-day event attracted more than 12,000 members of the community, dementia patients, and carers. To keep promoting a dementia-friendly community, the “Love·No·Limit” Community Inclusion Day, expected to benefit more than 240 people with complimentary cognitive assessment, will also take place at Kornhill Plaza this year from November 11 to 12.

Ms. Helen Lau, Deputy Director (Head of Hong Kong Business Operation) of Hang Lung Properties (third left); Mr. Leung Po Wah, Taddy, Kwun Tong District Social Welfare Officer, Social Welfare Department (third right); and Mr. Chow Wah Tat, Service Director (Elderly Services) of the Hong Kong Young Women’s Christian Association (second right) joined by carer’s representatives and the Hang Lung As One Volunteer Team’s representative, officiate the kick-off ceremony of the Hang Lung X HKYWCA “Love·No·Limit” Dementia Friendly Program – Community Inclusion Day

With the theme of “Flying Free,” this year’s Community Inclusion Day had its kick-off ceremony officiated by Mr. Leung Po Wah, Taddy, District Social Welfare Officer (Kwun Tong) of the Social Welfare Department; Ms. Helen Lau, Deputy Director (Head of Hong Kong Business Operation) of Hang Lung Properties; and Mr. Chow Wah Tat, Kenneth, Service Director (Elderly Services) of the HKYWCA. At the event, more than 70 kites made by dementia patients, carers, Hang Lung As One volunteers and young volunteers from HKYWCA were displayed against a backdrop of famous scenic spots across the city. The inspiring image illustrated the message that dementia patients can live freely and flourish in a supportive community. It also represented the vision of an inclusive, dementia-friendly society, which is possible when people from all walks of life work together. Artworks such as clay dim sum, cyanotype decorations, and stress relief paintings created by people with dementia and their carers were displayed at the “Dementia Friendly Art Gallery.” The exhibits allowed the public to appreciate each piece’s creativity while becoming more aware of the physical and mental health challenges of carers.

Two carers share their stories about caring for loved ones with dementia, as well as memorable bits and pieces from taking part in the Hang Lung X HKYWCA “Love·No·Limit” Dementia Friendly Program

Ms. Helen Lau, Deputy Director (Head of Hong Kong Business Operation) of Hang Lung Properties, said, “Since the Hang Lung X HKYWCA ‘Love·No·Limit’ Dementia Friendly Program was launched in 2021, it has supported more than 2,200 dementia patients and their carers. Close to 300 of our frontliners have also completed the Social Welfare Department-approved ‘Dementia Friends’ training course, giving them the skills to provide appropriate assistance while they are at work to people with dementia. We were delighted to bring a selection of merchants on board for this year’s Community Inclusion Day, offering exclusive shopping concessions to elderly people to encourage them to stay active and be involved in the community while also responding to the Social Welfare Department’s appeal to help ease pressures on carers. In the future, Hang Lung will continue to demonstrate our support for dementia patients and their carers, with the aim of building a more inclusive, caring, and dementia friendly community, and fulfilling the Company’s commitment to improving social wellbeing.”

Mr. Leung Po Wah, Taddy, District Social Welfare Officer (Kwun Tong) from the Social Welfare Department, said, ” Our government has always been concerned about the need of support for dementia patients and their carers. This year, the Government has launched out various enhanced initiatives, including a 24-hour Designated Hotline for Carer Support (182 183) and an one-stop Information Gateway for Carers to make it easier for them to seek assistance when necessary. To promote dementia friendliness and support for carers, it is not only important for the Government to allocate resources but also for the business sector and social welfare organizations to collaborate to expand community networks and create a caring workplace culture that accepts and understands the challenges faced by working carers, thus alleviating their stress. I am deeply grateful to Hang Lung for training their frontline staff in malls and office towers to become recognized ‘Dementia Friends’ by the Social Welfare Department, assisting people in need both in the workplace and in their daily lives and jointly contributing to a dementia friendly community.”

Hang Lung As One volunteer introduces members of the community to the
Hang Lung As One volunteer introduces members of the community to the “Flying Free” artworks in the “Dementia Friendly Art Gallery”

Mr. Chow Wah Tat, Kenneth, Service Director (Elderly Services) of the Hong Kong Young Women’s Christian Association, said, ” Thanks to Hang Lung’s support, the association has implemented the ‘Love No Limit’ Dementia Friendly Program in four HKYWCA elderly centers over the past three years. Targeting families with dementia members, the program has allowed participants to showcase their creativity through the arts and helped carers relax and unwind by joining activities. One-to-one five-sense cognitive training was also provided to relieve carers’ stress and slow down cognitive degeneration in the elderly. In addition, the elderly who may have memory problems were identified and referred to private doctors in their districts for appropriate treatment. Through this program, dementia patients and their carers enjoyed a pleasant time together and established a positive caregiving relationship. We wish to express our heartfelt gratitude for Hang Lung’s dedication to promoting a dementia-friendly community.”

At this year’s event, two carer representatives shared their thoughts on the benefits of the Hang Lung X HKYWCA “Love·No·Limit” Dementia Friendly Program and their experiences in caring for dementia patients. Ms. Leila Chan, Chief Executive of Big Silver, also provided an overview of the various resources and support available in our community for carers. Mrs. Ng Lai Po Chun, a carer and a participant in the program for three consecutive years with her husband who is living with dementia and bilateral hearing loss, shared how the program’s activities helped him open up and become more engaged and interested in life. For her, the program has allowed her to relax more and be more socially engaged, helping reduce the stress associated with caregiving.

Free brain health consultations, cognitive testing, and referral services are offered to those in need. The event will be continued at Kornhill Plaza from November 11 to 12 to benefit more members of the public
Free brain health consultations, cognitive testing, and referral services are offered to those in need. The event will be continued at Kornhill Plaza from November 11 to 12 to benefit more members of the public

Throughout the event period, Hang Lung has joined hands with a selection of merchants at Amoy Plaza and Kornhill Plaza to offer exclusive shopping concessions to elderly. Merchants include: Dr. Kong, Colourmix, Meka, Sasa, O’Farm, Vita Green, Pizza Hut, Watami Japanese Dining, Victoria Harbour Restaurant, Victoria Harbour Supreme, Pak Don Chicken Rice, and Butahage.

Hang Lung is devoted to helping build a diverse and inclusive community via various community investment projects. The three-year Hang Lung X HKYWCA “Love·No·Limit” Dementia Friendly Program includes improving the cognitive abilities of elderly, support for carers, volunteer training, and doctor referral services. It has now benefited more than 2,200 dementia patients and their carers, with Hang Lung volunteers putting in more than 1,100 service hours. In addition, close to 300 Hang Lung frontliners from 19 Hang Lung commercial and resident projects in Hong Kong have completed the Social Welfare Department-approved “Dementia Friends” training course and are doing their part in building a dementia-friendly environment.

Hashtag: #HangLung

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

Dash Living Japan Acquires Strategic Seed Asset in Joint Venture with Schroders

Expands Tokyo Portfolio to 11 Locations to Meet Urban Professionals’ Accommodation Needs

TOKYO, JAPAN – Media OutReach – 6 November 2023 – Dash Living, Asia Pacific’s leading provider of rental housing, and global investment management firm Schroders with USD $923.1 billion assets under management[1], have jointly completed the acquisition of a strategic seed asset located in Ryogoku to further expand their portfolio in the Japan property market, which has been enjoying a surge in institutional capital inflow of late and increasing investments by major real estate investors.

Palms Ryogoku, is a modern 49-key multi-family residential asset in the heart of Tokyo’s historic center of sumo wrestling. The riverside town of Ryogoku in Sumida ward hosts the sport’s most famous tournaments and is home to numerous sumo training stables. The ward also features the world famous Sensoji Temple, Tokyo SkyTree and various world-class restaurants, traditional craft workshops and cultural museums. It is conveniently located within walking distance from Tokyo’s train network, providing easy access to major commercial districts and international airports.

The new acquisition is the first seed asset of the joint venture and Dash Living’s eleventh location in Tokyo. It was formerly a residential asset with traditional Japanese leases, which will be repositioned into mixed-use, long and short-stay accommodation with fully furnished apartments and high-quality shared facilities, including Dash Living’s signature technology-enabled access to global shared amenities, events and customer services.

Demand for short-stay accommodation has been on the rise in Japan in recent years, thanks to the government’s policy to boost tourism entries to 60 million annually by year 2030. In 2018, Japan’s minpaku law came into effect and tightened regulation around offering short-stay accommodation. This helped to inject further supply in the market while maintaining the quality and safety of communities. Dash Living has been the pioneer and market leader in this sector, using technology, community-driven, and cost-effective regional operations to provide long-stay stable income while using short-stay to enhance rental yields. Up to 2023, Dash Living has successfully attracted foreign capital and exited three assets in Tokyo this year for their investors, delivering opportunistic-level returns in the living sector with the help of Crosspath Advisors, the asset manager for this strategic asset.

“Japan is currently Dash Living’s fastest growing market and could become our biggest by AUM and beds over the next few years. We are delighted to join hands with a world-class, trusted asset manager such as Schroders as we continue to expand our Asia Pacific portfolio on our quest to empower living in a connected world,” said Aaron Lee, CEO and founder, Dash Living. “Our first asset together in Ryogoku is ideal for urban professionals and provides an upmarket accommodation option in an accessible and unique neighbourhood in Tokyo.”

“Japan is one of our focused markets in Asia, and we are pleased to partner with a regional market leader like Dash Living who is equipped with proven track-record in creating value in the living sector. Dash Living’s entrepreneurial approach resonates well with ours and we look forward to our new journey together with this acquisition as well as many more to come,” added Keisuke Kusano, Head of Real Estate, Japan, Schroders.

Dash Living was founded in Hong Kong in 2014 and has since grown its footprint across key regions including Singapore, Japan, and Australia, building a connected living community across APAC. It marked a major milestone in 2021 when it kickstarted the first stage of its expansion in Tokyo. Since then, through a combination of expansion, strategic acquisition and rebranding of IntheHood Hospitality in 2022, its portfolio in the market has reached 11 locations in Tokyo.


[1] As of 30 June 2023

Hashtag: #DashLiving

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

About Dash Living

Dash Living is Asia Pacific’s leading provider of rental housing in Hong Kong, Singapore, Tokyo, and Sydney, backed by MindWorks, Grosvenor, Taronga Ventures, Chinachem, and more. With more than 2,000 rooms currently in our portfolio, Dash creates a global accommodation community through sharing economies, tech, and unique tenant experiences, empowering living in a connected world. In 2022 alone, nearly US$500 million in Gross Asset Value was acquired by renowned real estate asset managers to be managed by Dash Living.

Website:

About Schroders

Founded in 1804, Schroders is a global investment management firm with £726.1 billion (€846.1 billion; $923.1 billion) assets under management, as at 30 June 2023. Schroders continues to deliver strong financial results in ever challenging market conditions, with a market capitalisation of circa £7 billion and over 6,100 employees across 36 locations. The founding family remains a core shareholder, holding approximately 44% of Schroders’ shares.

Schroders has benefited from a diverse business model by geography, asset class and client type. It offers innovative products and solutions across four core growing business areas; asset management, solutions, Schroders Capital (private assets) and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, high net worth individuals and foundations. Schroders also manages assets for end clients as part of its relationships with distributors, financial advisers and online platforms.

Schroders aims to provide excellent investment performance to clients through active management. It also channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we will deliver for our shareholders and other stakeholders.

Unlock Your Trading Prowess: Bybit’s VIP Grand Prix Offers a Season of Competition

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 6 November 2023 – Bybit, the world’s third most visited crypto exchange, is excited to announce the launch of a prestigious trading competition exclusively for our VIP members. The competition will establish a benchmark in the industry for the best individual traders in the market.

Caption

Mirroring the Grand Prix structure the competition will run from Nov. 2023 through Oct. 2024 and consist of a series of six qualifying rounds. The exact schedule for each round will be provided in announcements, but as a routine, they are expected to occur every two months.

As the competition nears its finale, there will be a huge final where the winners of each qualifying round will battle it out to see who will be crowned champion. The final results will be revealed on the competition landing page and winners will also receive tickets to Bybit’s glitzy year-end gala.

Participants can register for the first qualifying round via the Bybit website now and the competition period will run from Nov. 9 to Nov. 28, 2023. To be eligible, users must have a balance of at least 5,000 USDT worth of assets in their Bybit Account. Market Makers, Institutional users, and Pro users are not eligible for registration. The top 500 traders will then have the opportunity to win a share of the 1,000,000 USDT prize pool and go through to the final.

“We are delighted to present this exclusive opportunity to our VIP members, affirming our commitment to providing unparalleled experiences and value to our most esteemed traders,” said Ben Zhou, CEO of Bybit. “This competition is not just about rewards; it’s about establishing a new standard in the crypto trading space.”

Hashtag: #Bybit #TheCryptoArk

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

About Bybit

Bybit is a top-five cryptocurrency exchange established in 2018 that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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Bridge in Savannakhet Collapses under 42-ton Truck

Houay Thahao Bridge collapsed under a crane truck in Xayaboury District. (Photo/Media Laos)

Local authorities in Xayaboury District, Savannakhet Province, have promptly responded to the collapse of the Houay Thahao Bridge after the crossing of a 42-ton crane truck caused the 82-meter-long structure to crumble.

The bridge, between Sivilay Village and Thako Village along National Highway 11, was designed to withstand only 8 tons, one fifth of the crane truck’s weight.

As the truck was operated by Sanxay Bridge Construction and Repair Company Limited, responsibility for the repairs falls on Sanxay Company, according to the Public Works and Transport Office of Xayboury District, which inspected the site shortly after the incident.

The authorities and the village committee anticipated a three-month repair period, during which the company and police would have to not only address structural concerns but also run a thorough investigation of the circumstances surrounding the incident.

Alternative routes

Travelers intending to use National Highway 11 to reach Paksebanfai Village are advised to take a detour that includes Route 13 South, turning next to the PTT gas station in Gaenghat Village in Xayaboury District, and continuing towards Nasang Village through an 18-kilometer unpaved road.

Kerry Logistics Network Wins Eighth Asian 3PL Title at Supply Chain Asia Awards

Acclaimed for Innovations in Integrated Warehousing Solution

HONG KONG SAR – Media OutReach – 6 November 2023 – Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) is honoured to be named the Asian 3PL of the Year by the Supply Chain Asia Awards (the ‘Awards’) 2023 for the eighth time, and to receive the title of Supply Chain Innovator of the Year (Integrated Warehouse Solutions) at the awards ceremony held in Singapore.

KLN’s eighth win of the Asian 3PL of the Year title cements its reputation as the leading logistics service provider in Asia. The Supply Chain Innovator of the Year accolade is a commendation of KLN’s innovative integrated warehousing solution, namely, the sorting robots “KOOLBee” in its warehouses to enhance sorting productivity and delivery efficiency to meet the booming demand in e-commerce fulfilment. KLN’s innovations have previously earned it the title of Supply Chain Innovation of the Year (Smart Logistics) at the Awards in 2019.

Vic Cheung, Group Managing Director of Kerry Logistics Network, said, “We are delighted to win the Asian 3PL of the Year title again and grateful to Supply Chain Asia for recognising the advances in our warehouse operations. The recognitions highlight KLN’s unique position and comprehensive capabilities in Asia, as well as our unwavering commitment to providing the finest service to our customers. As the global supply chain evolves, we will continue to drive innovative solutions and maintain service excellence.”

The Awards are organised annually by Supply Chain Asia to honour excellence in the supply chain and logistics industry. The Supply Chain Innovator of the Year awards are conferred to companies which have created or adopted innovation in their operations with proven success and benefits in terms of productivity, operating efficiency and savings.Hashtag: #KerryLogisticsNetwork

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

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), e-commerce and express to industrial project logistics and infrastructure investment.

With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

Kerry Logistics Network generated a revenue of over HK$86.6 billion in 2022. It is listed on the Hong Kong Stock Exchange as well as a constituent of the Hang Seng Corporate Sustainability Benchmark Index.

About Supply Chain Asia Awards

Held annually since the founding of Supply Chain Asia, a not-for-profit professional body that aims to bring professionals from within the logistics and supply chain industry together, the Supply Chain Asia Awards ceremony has been one of the most enduring platforms that continues to bring recognition and profile to the supply chain and logistics industry. Over the years, the event has evolved into a celebration of industry successes as well as an annual affair that brings together leading senior executives, veterans and industry professionals.