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Cambodia Suspends Sales at Properties Owned by Accused Cyberscam Front

Workers ride their motor-cart loaded past a branch of the Prince Bank in Phnom Penh on October 15, 2025. A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States and extradited to China, was ordered liquidated on January 8, 2026, Cambodia's central bank said. (Photo credit: Photo by TANG CHHIN SOTHY / AFP)

AFP – Cambodia has frozen sales of luxury properties by a US-sanctioned conglomerate after its founder was extradited to China and charged by Washington for allegedly running multibillion-dollar transnational cyberscams.

Prince Group founder and chairman Chen Zhi was extradited to China from Cambodia last week, both governments said.

The United States indicted the Chinese-born businessman in October, alleging he directed online investment schemes that have netted billions and were run by hundreds of scammers trafficked into compounds in Cambodia.

Four Prince Group properties in the capital Phnom Penh and one in the coastal city of Sihanoukville were “suspended from further sales” of condo units and homes in gated communities, Cambodia’s real estate regulator said in a statement late Monday.

The announcement is the latest blow to Prince Group, a multinational conglomerate that US authorities say served as a front for “one of Asia’s largest transnational criminal organizations,” after Chen was charged, and his company was sanctioned by Washington and London in October.

The real estate regulator said individuals who have signed sales contracts for units at any of the five properties were obligated to complete the agreed purchase.

Those who have paid in full have the option to sell their property, after registering ownership with the government, an official at the regulator said.

At one of the Prince complexes in the capital, The Pinnacle Residence condominiums, also known as Prince Happiness Plaza, according to the regulator, several employees told AFP on Tuesday that the sales office had been closed.

One employee who declined to give his name said the sales team had been scaling down since October.

“I don’t know what is happening and I hope it won’t affect my job,” he said.

The shimmering 47-floor towers of the residential and business complex were completed in 2024 and 75 percent of its nearly 1,800 units were sold, according to Cambodia property website realestate.com.kh.

The developer is listed as Prince Real Estate Cambodia, another entity under US sanctions.

Chen was charged by US authorities with wire fraud and money laundering conspiracy charges involving approximately 127,271 seized bitcoin, worth more than USD 11 billion at current prices.

Since then, authorities in Europe, the United States and Asia have targeted Prince Group with a frenzy of asset confiscations.

Cambodia’s central bank placed another one of its companies, the US-sanctioned Prince Bank, into liquidation last week.

Prince Group has denied the allegations.


© Agence France-Presse

Avestar Capital Launches Singapore Office

US-Based Multi-Family Office Strengthens Global Footprint to Serve Asia’s Ultra-Wealthy Families

SINGAPORE, Jan. 14, 2026 /PRNewswire/ — Avestar Capital, a leading U.S.-based multi-family office, today announced the official launch of its Singapore operations under AVESTAR SINGAPORE PLC PTE. LTD., marking a major milestone in its global expansion strategy. The new office will serve as Avestar’s Asia-Pacific hub, extending its founder-led approach to tailored wealth management for ultra-high-net-worth (UHNW) families across the region.

Founded and led by Xerxes Mullan, Avestar Capital has built a strong reputation in the United States for combining the rigor of U.S. wealth management with a deep understanding of global family dynamics. The firm integrates investment advisory, tax and estate planning, philanthropy, and next-generation education into a single, conflict-free platform crafted to maximize its ability to serve families whose interests and ambitions span multiple jurisdictions.

“Singapore represents a natural extension of our global vision,” said Xerxes Mullan, CEO and Founder of Avestar Capital. “Asia’s families are increasingly seeking an advisory partner who understands the complexity of multi-jurisdictional wealth, someone who can offer institutional-grade expertise while remaining agile and deeply personal in approach. That is the foundation on which Avestar was built.”

The Singapore office will be led by Zal Devitre, CEO of Avestar Singapore, who brings more than two decades of international experience in wealth management and family office advisory.

“Our presence in Singapore enables us to serve clients in one of the world’s most dynamic and sophisticated wealth centers,” said Devitre. “Families today expect global reach, innovation, and a long-term mindset. Avestar’s model — anchored in trust, discretion, and enduring results, aligns strongly with the needs of Asia’s entrepreneurs and wealth creators.”

In conjunction with the launch, Avestar Capital will deepen collaboration with leading partners across investment management, tax, and legal advisory to support families with cross-border interests. This reflects the firm’s continued commitment to offering solutions that are both globally informed and locally relevant.

With Singapore’s emergence as a premier destination for family offices, supported by a strong regulatory framework and a stable economic environment, Avestar’s entry underscores its dedication to serving the evolving needs of Asian business families, investors, and next-generation leaders.

The establishment of Avestar Singapore marks a defining step in the firm’s mission to deliver tailored wealth strategies, global connectivity, and enduring value for families across generations.

Do Follow Links:
Avestar Capital: https://avestarcapital.com/
Xerxes Soli Mullan: https://avestarcapital.com/our-leadership/

AWOL Vision Announces NFL Quarterback Kirk Cousins as Brand Ambassador Following CES 2026 Debut

SHENZHEN, China, Jan. 14, 2026 /PRNewswire/ — AWOL Vision, a global leader in next-generation audiovisual technology, announced NFL quarterback Kirk Cousins as its Brand Ambassador, representing both AWOL Vision and its premium sub-brand, Valerion. The partnership debuts at CES 2026 alongside the launch of Aetherion series, AWOL Vision’s latest ultra-short-throw (UST) projector lineup.

AWOL Vision & Valerion Brand Ambassador Kirk Cousins
AWOL Vision & Valerion Brand Ambassador Kirk Cousins

Known for his accuracy, preparation, and leadership on the field, Kirk Cousins embodies a relentless pursuit of excellence that mirrors AWOL Vision’s commitment to engineering breakthrough, user-focused technology with attention to detail. Off the field, he values quiet rituals and family time, which aligns with the brand’s philosophy of designing technology that elevates daily living beyond expectation, turning homes into spaces where wonder naturally unfold.

“I love how AWOL Vision makes every moment at home feel vivid and alive. The clarity and scale pull you right into the action, whether it’s a big game, a movie night, or a gathering with family and friends. It’s about creating ‘wow moments’ with a truly immersive experience,” said Cousins.

“We are excited to welcome Kirk to AWOL Vision family,” said Andy Zhao, Founder & CEO of AWOL Vision. “For AWOL Vision, home is where life gathers, and wonder starts with how you live. In a world where technology often distracts from real-life connections, we focus on creating home experiences that feel effortless, immersive, and alive. ” said Andy.

The collaboration invites sports enthusiasts to a new viewing era with the Aetherion series, delivering pixel-level clarity on a 200-inch screen to capture decisive moments in stunning 4K. Its breakthrough black-level performance and rainbow-effect elimination ensure exceptional contrast and smooth motion for fast-paced action, bringing stadium-scale immersion into the home.

Beyond sports, the technology adapts intuitively to movies, gaming, and gatherings, fitting seamlessly into diverse lifestyles. “We design for how you live,” added Zhao. “Our products are shaped around your habits and spaces, making technology a natural part of life’s meaningful experiences.”

Discover the Aetherion series and partnership with Kirk Cousins: https://awolvision.com/pages/awol-2026-nfl.

About AWOL Vision

Founded in 2020, AWOL Vision is a leading manufacturer of innovative audiovisual solutions specializing in the development of RGB laser projectors. Aiming to revolutionize the home theater experience, AWOL Vision offers state-of-the-art projection technologies that deliver unparalleled image quality, clarity, and immersion. Headquartered in Delray Beach, Florida, AWOL Vision is the parent brand of Valerion.

COSRX Kicks Off 2026 with “NEW YEAR, NEW BRIGHT” Alpha-Arbutin Moving Car Pop-Up in Kuala Lumpur

KUALA LUMPUR, Malaysia, Jan. 14, 2026 /PRNewswire/ — Global No.1* friendly derma brand COSRX is bringing its most viral brightening with the Alpha-Arbutin Pop-Up, a high-energy, interactive skincare experience designed to turn everyday city moments into glowing discoveries.

COSRX Kicks Off 2026 with “NEW YEAR, NEW BRIGHT”  Alpha-Arbutin Moving Car Pop-Up in Kuala Lumpur
COSRX Kicks Off 2026 with “NEW YEAR, NEW BRIGHT” Alpha-Arbutin Moving Car Pop-Up in Kuala Lumpur

Rolling through Kuala Lumpur, the moving pop-up transforms the city into a skincare playground – inviting visitors to try COSRX’s viral Alpha-Arbutin Serum, and win exclusive prizes available only during this limited-time activation.

With instant giveaways, playful quizzes, and a crowd-favorite lucky draw, NEW YEAR, NEW BRIGHT turns the idea of “new year, new skin” into a fun, share-worthy experience.

Location: LOT 10 Premier Terrace , Kuala Lumpur
Date: January 15 – 18, 2026
Time: 10:00 – 21:00

Walk In, Glow Out: Exclusive Alpha-Arbutin Gifts for Every Visitor

Every visitor is welcomed with an exclusive Silver Bag, available only at this moving pop-up. Inside this pop-up, An Alpha-Arbutin leaflet and limited-edition Alpha-Arbutin stickers – designed to kick off the experience before even stepping inside the car.

Because at COSRX, the bright starts the moment you arrive.

Follow, Share and Bright: Missions with Instant Rewards

The fun continues with simple, social-first missions designed for today’s beauty lovers:

  • Follow COSRX Malaysia on TikTok Shop and get an Alpha-Arbutin Hydrogel Mask. A color-changing mask, known for boosting radiance and pairing perfectly with the serum.

Why Alpha-Arbutin? A Quick Education That Hits the Highlights

Inside the moving car, promoters guide visitors through a quick, easy-to-digest introduction to Alpha-Arbutin – perfect for first timers and long-time fans alike.

Highlights include:

  • Top-ranking status across Malaysia’s leading platforms (TikTok Shop, Qoo10, official mall rankings)
  • Key benefits – Acne Scar improvement, Dark Spot Care, and Daily gentle use
  • A powerful yet skin-friendly formula featuring Niacinamide 5% and Tranexamic Acid 3%.

Try It Yourself: Alpha-Arbutin + The RX Synergy Experience

Guests can test the Alpha-Arbutin Serum alongside the Alpha-Arbutin Hydrogel Mask, experiencing firsthand how the duo works together to enhance brightening results.

The experience also introduces COSRX’s The RX, reinforcing the brand’s dermatology-inspired approach to targeted, high-performance skincare.

Quiz, Snap, Win: Learning Turns into Play

After the experience, visitors are invited to take a short, fun Alpha-Arbutin quiz based on what they’ve just learned. Correct answers lead straight into the next step—photo time.

Visitors who snap a photo at the photo zone or upload a booth review on social media receive a chance to join the Lucky Draw (Gacha Event).

The Lucky Draw Everyone Wants to Try

The final stop is the Gacha Lucky Draw, where different colored balls unlock different prizes, including:

  • Full-size or Mini Alpha-Arbutin Serum
  • And an exclusive COSRX brand kit, created only for this pop-up event

A Moving Pop-Up That Turns Skincare into a Citywide Event

By blending education, hands-on testing, social engagement, and playful rewards, the Alpha-Arbutin Moving Car Pop-Up transforms skincare discovery into an experience worth lining up for.

“This pop-up is all about making brightening skincare approachable, fun, and memorable,” said a COSRX spokesperson. “We wanted people to feel excited – not overwhelmed – while learning why Alpha-Arbutin has become such a trusted solution for dark spots and uneven tone.”

About COSRX

With its powerful yet affordable skincare solutions, COSRX has quickly become one of America’s favorite skincare brands. Using a minimal number of highly effective ingredients in concentrated doses, COSRX products deliver visible results by treating the skin with only the essentials it needs. Find its best-selling skincare solutions at retailers nationwide, including Watsons, Olive Young, Amazon, ULTA, Nordstrom, Target and https://www.cosrx.com. COSRX is also on Instagram + TikTok.

#COSRX #NewYearNewBright #AlphaArbutinSerum

Ricoh Named to CDP’s Double A List for the Third Consecutive Year

Recognised as a leader in corporate transparency and action on climate change and water security

TOKYO, Jan. 14, 2026 /PRNewswire/ — Ricoh’s global leadership in corporate transparency and performance on climate change and water security disclosure have been recognised by CDP, an international environmental non-profit organisation, securing a place on its 2025 A list. This marks Ricoh’s sixth consecutive year on CDP’s Climate Change A List and its third consecutive year on the Water Security A List.

In the area of climate change, to realise a zero-carbon society, Ricoh aims to reduce greenhouse gas (GHG) emissions from its own operations by 63% (Scope 1, 2) and to achieve a 40% reduction in GHG emissions in the supply chain, covering procurement, transportation and product use (Scope 3), by 2030 compared with 2015 levels. These targets have been validated by the Science Based Targets initiative (SBTi) as 1.5°C-aligned. In addition to its internal efforts, Ricoh conducts supplier briefing sessions and encourages key suppliers to set medium- to long-term GHG reduction targets. The company has also set a goal of sourcing 100% renewable electricity for its operations by 2040 and is actively introducing renewable energy sources with high additionality.

In the 2025 assessment, CDP highlighted Ricoh’s improved disclosure of Scope 3 emissions and its proactive engagement in public policy, demonstrating transparency and social leadership across the value chain.

In the area of water security, Ricoh promotes the effective use of water resources to realise a circular economy. Under its water stewardship policy, the company sets targets to reduce total water withdrawals year-over-year and is working across its global operations to reduce water consumption.

In the 2025 assessment, CDP highlighted Ricoh’s disclosure of water-related risks and opportunities, as well as its efforts to ensure the sustainable management of water resources.

“Since 1998, we have advanced environmental management initiatives that simultaneously pursue environmental conservation and profit generation,” said Mikako Suzuki, corporate officer in charge of ESG and risk management at Ricoh Company, Ltd. “We are furthering sustainability initiatives by aligning ESG with business growth. This year’s recognition reflects global acknowledgement of our efforts in decarbonisation and resource circulation. In particular, the assessment recognised our progress in Scope 3 emissions disclosure and enhanced transparency regarding water-related risks and opportunities. We will continue working with stakeholders to further accelerate initiatives that contribute to realising a sustainable society through our business activities.”

In 2025, Ricoh released the Ricoh Group Sustainability Report 2025, which outlines its policies, strategies, initiatives and performance across its ESG strategy, environmental areas including climate change, resource circulation, pollution prevention and biodiversity conservation, as well as human rights. Specifically, Ricoh provides climate change and biodiversity disclosures aligned with the Task Force on Climate-related Financial Disclosures (TCFD) and the Task Force on Nature-related Financial Disclosures (TNFD) frameworks, ensuring transparency for stakeholders.

Ricoh is committed to promoting decarbonisation and resource circulation across its entire value chain in collaboration with business partners and customers.

About CDP

CDP is a global non-profit that runs the world’s only independent environmental disclosure system. In 2024, more than 24,800 companies and over 1,000 cities, states and regions disclosed environmental information through CDP’s questionnaires. Financial institutions representing more than a quarter of the world’s institutional assets use CDP data to help inform investment and lending decisions.

Related Links

About Ricoh

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support the digital transformation of workplaces, workspaces and optimise business performance.

Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organisational capabilities nurtured over its 85-year history. In the financial year ended March 2025, Ricoh Group had worldwide sales of 2,527 billion yen (approx. 16.8 billion USD).

It is Ricoh’s mission and vision to empower individuals to find ‘Fulfilment through Work’ by understanding and transforming how people work so we can unleash their potential and creativity to realise a sustainable future.

For further information, please visit www.ricoh.com

© 2026 RICOH ASIA PACIFIC PTE LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

DeskIn Redefines Remote Creation: Powering Borderless Design & Creative Production in the AI Era

SINGAPORE, Jan. 14, 2026 /PRNewswire/ — From graphic design and 3D modeling to 4K video editing and animation rendering, DeskIn enables a truly seamless cross-device workflow for creative professionals.

As hybrid work and global collaboration become the norm, creative teams face mounting friction. Designers need real-time client feedback but struggle with file transfer delays. Video editors juggle massive assets across devices. 3D artists rely on high-performance workstations that tether them to a single location.

Traditional remote solutions have consistently fallen short–introducing compressed visuals, inaccurate color, audio-video desynchronization, and limited support for professional peripherals. These compromises undermine the core requirements of creative work: visual fidelity, real-time interaction, and flexible access to computing resources.

DeskIn remote design solution for all designing and creative production works
DeskIn remote design solution for all designing and creative production works

Developed by Singapore-based Zuler Technology Pte Ltd, DeskIn addresses these challenges head-on. By integrating eight core technologies, DeskIn creates a professional-grade remote creation environment built specifically for modern creative workflows.

Eight Core Technologies Designed for Creative Professionals

1. True Color 4:4:4 Visual Transmission
Lossless color transmission preserves full Adobe RGB and DCI-P3 wide-gamut data to meet the demands of professional color grading, retouching, and print-ready workflows.

2. Ultra-Smooth, Low-Latency Control
Keyboard, mouse, and stylus input latency below 40ms delivers immediate feedback and fluid control—critical for animation, video editing, and precision design work.

3. Seamless Cross-Platform Connectivity
Connect effortlessly across Windows, macOS, iOS, and Android, eliminating OS barriers and enabling truly flexible device workflows.

4. Adaptive Quality and Frame-Rate Optimization
DeskIn dynamically adjusts resolution (up to 4K) and frame rate (up to 240FPS) based on task requirements–balancing visual clarity with smooth interaction.

5. Integrated Real-Time Collaboration Features
Built-in screen annotation, synchronized cursors, voice calls, and text chat create a review experience that feels as immediate as working side by side.

6. Comprehensive Professional Peripheral Support
Plug-and-play compatibility with Wacom tablets, professional microphones, and cameras—no driver troubleshooting, no workflow disruption.

7. Intelligent Screen Management

  • Screen Extension: Turn tablets, smartphones, or spare laptops into additional displays for your main computer, instantly expanding your workspace.
  • Screen Mirroring: Creative output can also be mirrored in real time–with flexible support for one-to-one or one-to-many mirroring–allowing designers to share work with a single reviewer or multiple stakeholders in different locations for live feedback and approvals.
  • Virtual Multi-Screen Deployment: Create up to three virtual extended screens for the remote (controlled) devices–even if it has only a single physical monitor. This allows creators to work in true multi-screen layouts locally, regardless of the host device’s hardware limitations.
  • Multi-Screen Viewing and Layout Management: View multiple remote screens simultaneously as independent windows (e.g., Photoshop, Premiere Pro, Figma) and switch between optimized creative layouts with a single click for faster, more efficient workflows.

8. Lossless High-Speed File Transfer
DeskIn enables direct, cross-system file transfer in original formats: no compression, no conversion, no quality loss. This ensures creative teams can move assets quickly and reliably, without breaking workflows or compromising quality.

  • Transfer speeds up to 12MB/s with resume support for interrupted uploads.
  • No limits on file quantity, format, or size.
  • Batch-sync large design assets, video projects, and massive 3D resource libraries with ease.

By combining these eight core capabilities, DeskIn delivers a fully integrated, high-performance, and location-independent collaboration engine for designers, video editors, animators, and cross-media creative teams—freeing creativity from the constraints of devices and geography.

Eight Creative Scenarios: Unleashing Creative Productivity with DeskIn, Anywhere

Professions

Scenarios

Needs met by DeskIn

1. Web/UI/UX Designers

Conduct live design reviews with remote clients or teams, or continue working on a company iMac from a personal Windows PC at home.

1)Ensure Figma designs display identical colors across all devices.

2)Annotate and discuss revisions directly on the design in real time.

3)Instantly synchronize large Illustrator source files and assets.

2. Photographers & Retouchers

Select and edit massive RAW photo libraries stored on a home NAS while traveling, or collaborate remotely on Photoshop retouching.

1)Rapidly browse and load thousands of high-resolution images.

2)Perform accurate color correction even on mobile devices.

3)Efficiently share and process large-format image outputs.

3. Industrial Designers

Collaborate remotely on high-precision CAD models and CMF (Color, Material, Finish) reviews for products like automobiles or consumer electronics.

1)Inspect complex 3D models with real-time, lag-free rotation and zoom.

2)Accurately evaluate material color and lighting effects.

3)Work cross-platform (e.g., running Windows-based SolidWorks on a Mac).

4. Dental and Medical Digital Designers

Dentists collaborate remotely with labs to adjust 3D dental crowns or aligners, requiring precise visualization of model details and color.

1)Remote access to specialized software such as 3Shape.

2)Accurate transmission of 3D model color and fine details.

3)Full support for high-precision drawing tablets.

5. Architectural & Interior Designer

Presenting renderings or BIM models to clients; modify drawings on-site by remotely connecting to office workstations.

1)Smooth, high-definition display of complex renders and AutoCAD 3D models.
2)Run demanding design software seamlessly on mobile devices (e.g., iPad).

3)Manage multiple views simultaneously—plans, materials, and schedules.

6. Game & Animation Artists

Collaborate remotely on game concept art, 3D character modeling, and animation, or connect from home to studio render farms.

1)Instant stylus response for precise digital painting and model sculpting.

2)Remote access to high-performance hardware for real-time render previews.

3)High-speed synchronization of large art assets libraries (textures, models).

7. Video Editors

Using a lightweight laptop while traveling to remotely connect to home or office editing workstations and work on 4K timelines.

1)Smooth HD preview of source footage and responsive timeline scrubbing in Premiere Pro.

2)Rapid transfer of large video files.

3)Real-time screen sharing with directors or clients for review and discussion

8. Film Colorists

Remotely operating studio-based DaVinci Resolve systems from home for color grading and VFX collaboration.

1)Absolute color fidelity with lossless, wide-gamut video transmission.

2)Exceptionally fluid operation that preserves the rhythm of grading sessions.

DeskIn’s Security: Built for Professional and Enterprise Trust

Security is foundational to DeskIn and is reinforced through a multi-layered protection framework.

Flexible Access Control:

  1. Set temporary or permanent passwords to manage access.
  2. Create whitelists/blacklists for devices and accounts.
  3. Enable two-factor authentication (2FA) for enhanced security.

Comprehensive Protection:

  1. Data Security: Full end‑to‑end encryption prevents interception or tampering.
  2. Operational Security: Every remote session requires approval from the host device.
  3. Management Control: Granular permission control over audio, files, keyboard/mouse, and camera access
  4. Privacy Protection: One‑click privacy screen before connection; automatic screen lock when sessions end.

International Standards & Encryption:

  1. Bank‑grade AES‑256 encryption.
  2. Certified for ISO 27001 (Information Security) and ISO 9001 (Quality Management).

Enterprise editions further extend security with advanced network policies that integrate deeply with existing corporate systems to jointly defend against potential network threats.

Ready to Transform Your Creative Workflow?

With true-color transmission, seamless cross-platform collaboration, and intelligent multi-screen workflows, DeskIn fundamentally redefines how creative work gets done. If you are ready to unlock a professional, efficient, and borderless creative experience, now is the perfect time to act.

From now until January 31, 2026—Purchase DeskIn’s “Performance Edition” and use the code [TWKICK26] to enjoy 30% off the annual plan at only US$11.66/month. Visit the DeskIn official website (https://deskin.io) today and unlock unlimited creative potential.

Conclusion: How DeskIn Redefines the Boundaries of Creative Collaboration

In an era where globalization and digital creation are deeply intertwined, DeskIn does more than eliminate distance. It transforms “remote creation” into a proactive productivity engine. When every frame is transmitted without loss, every brushstroke syncs in real time, and every render can be accessed flexibly, creative work returns to its essence: realizing inspiration, not overcoming technical barriers.

DeskIn’s intelligent creative engine is the foundation of this shift. DeskIn’s mission remains clear: to empower every creative professional, anywhere, on any device, with unrestricted access to the tools, resources, and environment they need to create freely.

About Zuler Technology PTE. LTD.

Zuler Technology PTE. LTD. brings over a decade of software development experience and a deep understanding of the core challenges in remote connectivity. DeskIn, created by Singapore-based Zuler Technology Pte. Ltd., is powered by the proprietary ZeroSync® Engine. To date, DeskIn has achieved over 180 million device installations, 40 million users, and thousands of enterprise clients worldwide, solidifying its position as a global leader in the remote desktop and cloud computing fields.

Learn more about DeskIn: https://deskin.io/

For media inquiries, please contact:
Name: Benjamin Lee
Title: Head of Global Marketing
Company: Zuler Technology Pte. Ltd.
Email: support@deskin.io

HALO LAUNCHES “ARR MILESTONES” — CUSTOMER PRICING REDUCES AS COMPANY GROWS

Privately owned, product-led enterprise software vendor to apply public, company-level ARR thresholds that unlock global license discounts for customers on standard pricing; launches at ∼£100m ARR with a 5% reduction, compounding at every milestone. 

LONDON, Jan. 14, 2026 /PRNewswire/ — Halo today announced ARR Milestones, an industry-first pricing programme that turns company growth into direct customer savings. When Halo’s company Annual Recurring Revenue (ARR) reaches a published milestone, Halo will apply a global license discount for customers on standard pricing. The programme launches at approximately £100 million ARR with a 5% license reduction and will compound by 5% at each future milestone, including £250m, £500m, £750m and £1bn. Halo also confirms there are no planned price increases in the near future.

 

Paul explains HALO’s new ARR Milestones, a world-first, designed to help customers benefit from company growth by receiving price reductions at each milestone.

Halo says ARR Milestones is made possible by a different business model. As a privately owned, product-led company, Halo does not carry the public-market overheads many vendors do. The business purposefully keeps marketing and sales costs low, avoids inflated city rents and costly travel, and invests in engineering and product instead. Combined with strategic engineering partnerships, notably deep cloud collaboration with AWS, these efficiencies let Halo deliver high standards at materially lower cost and pass a portion of that benefit back to customers.

“As a privately owned, product-led business we are in a position like no one else to do this.” said Paul Hamilton, Founder & CEO, Halo. “We don’t need to worry about shareholder payouts, dizzying marketing spend or expensive city overheads. We focus on product, engineering and long-term outcomes. This lets us provide superior service at a fraction of the price, and, critically, to share the upside with the teams who helped us get there. ARR Milestones formalises our promise.”

Halo says the programme is intentionally disruptive, designed to expose and fix a broken pricing model in enterprise software. “Customers tell us they’re tired of opaque pricing, falling standards, and rising renewals that aren’t tied to real value,” Hamilton added. “ARR Milestones rewards customers as Halo succeeds, raises expectations across the industry and proves that high standards and low total cost of ownership can coexist.”

Halo expects ARR Milestones to deliver both immediate and structural value: a visible ladder of savings customers can plan around and a market proof point that better standards and lower costs are compatible.

About Halo

Halo is a privately owned, product-led provider of enterprise service management. The company focuses on modern architecture, fast time-to-value and all-inclusive commercial models that include AI capabilities. Halo’s approach emphasises engineering efficiency, partner alignment and predictable total cost of ownership. For more information about ARR Milestones and Halo’s mission, visit https://usehalo.com/company/milestones 

Celltrion presents innovative drug pipeline and U.S. manufacturing and R&D expansion strategy at the 44th Annual J.P. Morgan Healthcare Conference

  • Celltrion outlines a blueprint for innovative drug development built on its antibody expertise
  • The company highlights its business strategy to scale U.S. manufacturing and R&D capabilities, strengthening its global supply chain, production and operations

INCHEON, South Korea, Jan. 14, 2026 /PRNewswire/ — Celltrion, Inc. (068270.KS), a leading global biopharmaceutical company, today presented key strategic priorities and clinical development updates for its innovative drug pipelines including antibody-drug conjugates (ADCs) and multi-specific antibodies (msAbs) at the 44th Annual J.P. Morgan Healthcare Conference in San Francisco, California. The company also highlighted plans to expand its manufacturing and R&D capabilities to support long-term growth, enhance supply resilience and reinforce its long-term commitment to the U.S. market.

The presentation, composed of two sections— ‘From Biosimilar Excellence to Next-Gen Innovative Therapeutics’ and ‘Scaling Our U.S. Presence with a Next-Gen Manufacturing and R&D Hub’—was delivered on the conference’s Main Track. Celltrion’s Chief Executive Officer Jin-Seok Seo and Senior Executive Vice President Hyuk-Jae Lee outlined the company’s innovative drug pipeline, with plans to submit up to 16 investigational new drug (IND) applications by 2028, including up to 10 ADCs, 4 msAbs, 1 recombinant protein, and 1 peptide. In its biosimilar business, Celltrion aims to commercialize up to 18 products by 2030 and 41 products by 2038.

The company’s ADC candidates are designed to target solid tumor cancers; with IND applications for CT-P70, CT-P71 and CT-P73 accepted by the U.S. Food and Drug Administration (FDA) in 2025. CT-P70, a novel ADC candidate being developed for the treatment of non-small cell lung cancer (NSCLC), recently received Fast Track designation from the U.S. FDA, enabling expedited interactions throughout the development process and the potential for accelerated regulatory review.

Celltrion is advancing a portfolio of msAbs that are designed to selectively target cancer cells or are activated only under specific conditions. Celltrion received an IND approval from the U.S. FDA for CT-P72, a tetravalent bispecific antibody being developed to target human epithelial growth factor receptor 2 (HER2) and cluster of differentiation 3 (CD3).

“We have made significant progress and see compelling opportunities ahead. Building on our company’s global footprint in biosimilar excellence, Celltrion is accelerating its transition toward next-generation innovative therapeutics,” said Jin-Seok Seo, Chief Executive Officer at Celltrion. “Our expanding pipeline of ADCs and msAbs, grounded in deep antibody expertise, underscores our commitment to delivering meaningful value to patients worldwide. We aim to redefine the standard of care in oncology and beyond, while creating long-term sustainable value through scientific excellence and bold innovation.”

To reinforce the company’s U.S. manufacturing capabilities, Celltrion recently completed the strategic acquisition of a former Eli Lilly manufacturing facility located in Branchburg, New Jersey, securing 66,000L of drug substance (DS) capacity.  The company plans to sequentially increase capacity to a total of 132,000L by 2030, while also extending its capabilities to include drug product (DP) facilities. Through this acquisition, Celltrion plans to ensure long-term supply chain resilience eliminating the tariff and trade risks, ultimately strengthening its competitiveness in the U.S. market.

“The acquisition of the U.S. manufacturing facility represents a pivotal step in strengthening our global supply chain and solidifying our presence in the U.S. market,” said Hyuk-Jae Lee, Senior Executive Vice President at Celltrion. “By securing large-scale DS capacity in the U.S., we are enhancing supply stability, mitigating trade and tariff risks, and establishing a solid foundation for expanded R&D collaboration and innovation in the region.”

About Celltrion, Inc.

Celltrion, Inc. is a leading biopharmaceutical company that specializes in researching, developing, manufacturing, marketing and sales of innovative therapeutics that improve people’s lives worldwide. Celltrion, Inc. is a pioneer in the biosimilar space, having launched the world’s first monoclonal antibody biosimilar. Our global pharmaceutical portfolio addresses a range of therapeutic areas including immunology, oncology, hematology, ophthalmology and endocrinology. Built on trust through our fully integrated capabilities – from advanced R&D and in-house manufacturing to a reliable global supply network – we continue moving toward innovation as we work to ensure consistent availability of affordable, trusted, and high-quality biosimilars and biologics for patients and healthcare systems across the globe.

For more information, please visit our website www.celltrion.com/en-us. and stay updated with our latest news and events on our social media – LinkedIn, Instagram, X, and Facebook.

FORWARD-LOOKING STATEMENT

Certain information set forth in this press release contains statements related to our future business and financial performance and future events or developments involving Celltrion, Inc. and its subsidiaries that may constitute forward-looking statements, under pertinent securities laws.

This press release contains forward looking statements. These statements may be also identified by words such as “prepares”, “hopes to”, “upcoming”, “plans to”, “aims to”, “to be launched”, “is preparing”, “once gained”, “could”, “with the aim of”, “may”, “once identified”, “will”, “working towards”, “is due”, “become available”, “has potential to”, “anticipates”, the negative of these words or such other variations thereon or comparable terminology.

In addition, our representatives may make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Celltrion, Inc. and its subsidiaries’ management, of which many are beyond its control.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them.

Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.

Celltrion, Inc. and its subsidiaries undertake no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws.

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For further information please contact:

Global PR Team
globalpr@celltrion.com