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Forging Forward: ASEAN, EU Launch Blue Book 2024-2025

Ambassador of the European Union to ASEAN Sujiro Seam (Left), Secretary General of ASEAN Kao Kim Hourn (center), and Permanent Representative of the Philippines to ASEAN and Country Coordinator for ASEAN-EU Dialogue Relations, Hjayceelyn M. Quintana (right) (Photo supplied)

The Association of Southeast Asian Nations (ASEAN) and the European Union (EU) launched the ASEAN-EU Blue Book 2024-2025 at the ASEAN Headquarters in Jakarta on 8 May. The Blue Book underscores the strategic partnership between ASEAN and the EU and showcases new cooperation programs under the EU’s Global Gateway strategy.

Laos Embraces Online Shopping via Social Media, Cross-Border Innovation

Laos Embraces Online Shopping via Social Media, Cross-Border Innovation
[FILE: this image is used only for representational purpose (photo: Pexels)

In Laos, where traditional retail infrastructure lags behind its Southeast Asian neighbors, online shopping has become a trend despite its limited e-commerce presence, largely driven by social media platforms and innovative cross-border shopping.

Siam Piwat reaffirms its position as Thailand’s No.1 global destination developer, with ICONSIAM and Siam Paragon winning world-class awards once again

ICONSIAM and Siam Paragon ascends global ranks – steadfast on becoming world’s most recognized destinations in Thailand


BANGKOK, THAILAND – Media OutReach Newswire – 9 May 2024 – Siam Piwat – a leading real estate and retail developer, the owner and operator of world-renowned destinations such as Siam Paragon, Siam Center and Siam Discovery, and a joint venture partner of ICONSIAM and Siam Premium Outlets Bangkok – is delivering extraordinary, unprecedented experiences to further solidify its position as Thailand’s No.1 global destination developer, with ICONSIAM, a world-class landmark along the Chao Phraya River, recently named one of the Best Shopping Malls in Asia by Retail in Asia, a leading retail business media in Asia, while ICONSIAM and Siam Paragon have been ranked by Cleverthai.com, a lifestyle media outlet from Malaysia, among the top five best shopping malls in Bangkok.

6 World-Class Experiential Destinations under Siam Piwat, including award-winning Siam Paragon and ICONSIAM.
6 World-Class Experiential Destinations under Siam Piwat, including award-winning Siam Paragon and ICONSIAM.

ICONSIAM named one of Asia’s ‘Best Shopping Malls’

ICONSIAM - Thailand’s new iconic global landmark on the Chao Phraya River
ICONSIAM – Thailand’s new iconic global landmark on the Chao Phraya River

ICONSIAM has once again reaffirmed its position as the ultimate must-visit destination for travelers from across the globe, having been named by a prominent retail business media as one of the best shopping malls in Asia. This reflects the strength and potential of Siam Piwat Group in leveraging innovative ideas to bring to life projects that set a new paradigm for co-creation and create synergy with experts from all sectors nationwide, thus creating shared value for communities, society, and the country.

ICONSIAM is a convergence of wonders, with elements of art and culture seamlessly integrated into the ultimate shopping and entertainment experience. In addition to its Seven Wonders, ICONSIAM has created first-ever phenomena never before seen in Thailand, through iconic world-class events, such as the spectacular Amazing Thailand Countdown, a grand celebration that has brought joy to the audience worldwide, solidifying the Chao Phraya River as Thailand’s No.1 global countdown destination through the years. In addition, to further establish its status as an art destination, ICONSIAM has brought to life various awe-inspiring art phenomena, including the Da Vinci Alive Bangkok, the most spectacular immersive digital art exhibition in the world. Held at ICONSIAM, it was the first such event in Thailand and the most complete of its kind in Asia.

Siam Paragon: One of the World’s Best Luxury Destinations

Siam Paragon - the first and the biggest world-class shopping and entertainment phenomenon in Thailand
Siam Paragon – the first and the biggest world-class shopping and entertainment phenomenon in Thailand

As one of the world’s best luxury destinations and the number one destination for Thai and international visitors from across the world, Siam Paragon has established itself as the ultimate hotspot for brands seeking to debut their new concept stores or collections in Southeast Asia and Asia. The latest among these is Gentle Monster, which has launched the exclusive Gentle Monster “Jentle Salon Pop-Up pop-up store for the first time in Thailand, along with in 13 other major cities worldwide, presenting the “JENTLE SALON” collection, a collaboration between the Korean eyewear brand and Jennie BLACKPINK, reflecting her unique identity. The pop-up store is open from today until May 31, 2024, on M Floor, Jewel Zone, Siam Paragon.

Siam Paragon has also established itself as the epicenter of world-class luxury experiences through collaborations with various partners and leading brands, including Coach, which has launched the Coach Tabby Shop, transforming Parc Paragon into an immersive new shopping destination, receiving a great response in the past week.

In addition, Loro Piana, having enjoyed tremendous success following the launch of its first flagship store in Thailand at Siam Paragon last year, is set to open a Pop-up Summer Resort collection this May, while Tiffany & Co. is scheduled to unveil its first flagship store in Southeast Asia in May at Siam Paragon as well. This also underscores its strength as the most comprehensive world-class shopping center in Thailand.

Another major entertainment phenomenon at Siam Paragon is “BABYMONSTER PRESENTS: SEE YOU THERE in Bangkok” – the first fan meeting tour of the wildly popular band BABYMONSTER in Thailand, to be held on June 29 at Paragon Hall on the 5th floor. The event was met with such overwhelming reception that an additional session was added.

Siam Center: The Ideapolis

Siam Center, the Ideapolis, is seeking to further solidify its position as the center of limitless creativity and imagination in the arenas of art, fashion, technology, and lifestyle by creating a community space for collectors. Over the years, it has established itself as the ultimate hub for art toys, secret items, limited edition figures, and authentic licensed products and the go-to destination for art toy lovers. In December 2023, Siam Center partnered with Pop Mart to launch the first full-fledged Pop Mart pop-up store in Thailand.

As a hub of pop culture experiences for collectors, Siam Center has partnered with Gashapon Bandai Official Shop, or GBO, to open the first store in Thailand and the largest branch in Asia. The store features gashapon capsule toy vending machines, where fans can try their luck for a chance to get miniature figures of their favorite characters from over 35 popular anime and manga series.

Siam Center also houses many stores for collectors, such as the Zippo New Concept Flagship Store, the brand’s first and only flagship store in Thailand offering all Zippo collections from across the world as well as exclusive collections, and the Gundam Base Thailand, the first flagship store in Southeast Asia. Siam Center is also home to toy and collectibles stores, such as Yumeya and Banpresto Flagship Store, as well as specialty stores and collectibles stores catering to aficionados of fashion, art, lifestyle, and technology.

Siam Discovery introduces Flavor Lab, a new social community and hotspot for popular eateries

To reinforce its position as the Biggest Arena of Lifestyle Experiments where everyone can endlessly experiment, create, and cultivate, Siam Discovery, the Exploratorium, has created an unparalleled dining experience by opening the new zone known as Flavor Laba social community featuring a curated collection of renowned restaurants by Michelin-starred chefs, featuring Thai, Chinese, Korean, and other popular international cuisines, on the 3rd floor of Siam Discovery.

The latest additions include Thailand’s first branch of Roberta’s Pizza from Brooklyn, New York, renowned for its wood-fired pizzas and hipster vibes, and Kyo Roll En – The Parfait Parlour, a Japanese-style dessert café that serves up original sugar-free sweets, Thailand’s first-ever black roll cakes, a signature soft-serve ice cream made from Japanese bamboo charcoal, and authentic matcha green tea from the region of Uji, renowned to be the best green tea in the world. Flavor Lab also features Shoo Loong Kan, serving the original Sichuan hot pot, Bornga, a famous Korean BBQ restaurant by celebrity chef Baek Jong Won: Kagonoya, a premium Japanese shabu restaurant, Kungthong Seafood, renowned for its authentic flavorful Thai seafood dishes, and other popular eateries, such as Babyccino & Co., Duck Donuts, Sundububu & Mil Toast Express, and many more. Today, Flavor Lab is a popular hangout spot in central Bangkok, beloved by both Thai customers and foreign tourists.

All these underscore Siam Piwat Group’s success as Thailand’s No.1 developer of global destinations.

Hashtag: #SiamPiwat #SiamParagon #ICONSIAM #BestShoppingMallsinAsia #ShoppingMallsinBangkok #GlobalDestinations #ThailandRetail #GlobalRetail #RetailAsia

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

Siam Piwat Company Limited

Siam Piwat is a leading world-class retail and real estate developer and the owner and operator of Bangkok’s most visited retail and lifestyle destinations, including Siam Paragon, Siam Center, Siam Discovery, ICONSIAM, ICS and Siam Premium Outlets Bangkok.

Siam Piwat plays a significant role in shaping Bangkok’s retail landscape and is recognized for creating iconic and innovative prototypes, with the goal of consistently delivering extraordinary experiences that delight and inspire all customers.

MAL Management Introduces Single Family Office and VCC Services


SINGAPORE – Media OutReach Newswire – 9 May 2024 – MAL Management is excited to announce the introduction of its new Single Family Office (SFO) and Variable Capital Company (VCC) services.

MAL Management’s Single Family Office (SFO) services cater to the unique financial needs of businesses, providing comprehensive wealth management solutions tailored to their specific objectives. From strategic investment planning and asset allocation to tax optimisation and succession planning, the SFO services empower businesses to effectively manage their wealth and achieve long-term financial sustainability. Combined with MAL Management’s Variable Capital Company (VCC) services, businesses gain access to a holistic suite of solutions for efficient fund management, capital deployment, and strategic growth initiatives within Singapore’s stable and transparent regulatory environment.

This strategic move comes in response to the increasing demand for sophisticated wealth management solutions and the unique challenges faced by businesses, particularly those from mainland China and Taiwan, seeking stability and growth opportunities in Singapore.

Moreover, the Variable Capital Company (VCC) structure has gained significant traction in Singapore due to its flexibility, transparency, and tax benefits. MAL Management recognises the increasing demand for VCC structures among businesses and investors looking for efficient fund management solutions.

The new offerings from MAL Management will primarily benefit medium to high-net-worth individuals and businesses, including those relocating to Singapore, to establish their presence or expand their operations. With a dedicated team of experts and a commitment to delivering tailored solutions, MAL Management aims to be the partner of choice for clients navigating complex financial landscapes.

MAL Management, established in 2011 and affiliated with MAL International Holdings Pte. Ltd., stands as a reputable leader in Singapore’s financial services sector. Their expertise spans a wide spectrum, from bookkeeping & accounting services to corporate secretary services in Singapore, including company incorporation services. Serving as corporate service providers in Singapore, the company prides itself on being a one-stop solution for businesses, offering comprehensive financial and business advisory services tailored to diverse client needs.
Hashtag: #MALManagement



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

Intrusion Inc. and TIM Announce Partnership with Orca Cold Chain Solutions to Enhance Supply Chain Security


PLANO, TX and MANILA, PHILIPPINES – ACCESSWIRE – 9 May 2024 – Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, and Total Information Management Corporation (TIM), a key provider of technology solutions (Data Center services, Cybersecurity, System Integration) in the Philippines, today announced a deal with Orca Cold Chain Solutions, a cutting-edge logistics and supply chain management company.

Under the terms of the agreement, TIM will provide Intrusion’s advanced threat detection and prevention solutions to Orca Cold Chain Solutions, enhancing the security of their supply chain operations. Intrusion’s technology will help protect their customers’ sensitive data and prevent disruptions to the cold chain, ensuring the integrity and safety of perishable goods.

“We are thrilled to partner with Orca Cold Chain Solutions to bring our cybersecurity expertise to the supply chain industry,” said Tony Scott, CEO of Intrusion. “Our solutions will help Orca’s customers mitigate the risk of cyber threats and ensure the reliability of their operations.”

“We recognize the critical importance of cybersecurity in our industry, and Intrusion’s solutions align perfectly with our commitment to innovation and customer satisfaction,” said Kristoffer Po, AVP of IT and Network Security of Orca Cold Chain Solutions. “This partnership will enable us to provide an additional layer of protection for our customers’ valuable assets.”

After a successful pilot, Orca Cold Chain Solutions has chosen to purchase Intrusion’s applied threat intelligence for 3 years, effective immediately.

Hashtag: #Intrusion

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

About Intrusion Inc.

Intrusion Inc. is a cybersecurity company based in Plano, Texas. The Company offers its customers access to its exclusive threat intelligence database containing the historical data, known associations, and reputational behavior of over 8.5 billion IP addresses. After years of gathering global internet intelligence and working exclusively with government entities, the Company released its first commercial product in 2021. Intrusion Shield is designed to allow businesses to incorporate a Zero Trust, reputation-based security solution into their existing infrastructure. Intrusion Shield observes traffic flow and instantly blocks known malicious or unknown connections from both entering or exiting a network to help protect against Zero-Day and ransomware attacks. Incorporating Intrusion Shield into a network can elevate an organization’s overall security posture by enhancing the performance and decision-making of other solutions in its cybersecurity architecture.

About Information Management Corporation (TIM)

TIM is a Data Center, Cybersecurity, and System Integration company, serving multiple industries in the Philippines. TIM’s portfolio of solutions and services, has more than 38 years of credible track record of enabling and servicing market leaders, and industry movers advancing businesses through technology and services.

About Orca Cold Chan Solutions

Orca is the first cold storage facility equipped with a fully automated storage and retrieval system (ASRS) in the Philippines. ASRS, in conjunction with ORCA’s in-house warehouse management system intelligently transports, stores, and retrieves pallets within its cold storage facility.

Cautionary Statement Regarding Forward-Looking Information

This release may contain certain forward-looking statements, including, without limitation, our expectations for positive results from our recent sales, marketing, and strategic initiatives, which statements reflect management’s expectations regarding future events and operating performance. These forward-looking statements speak only as of the date hereof and involve a number of risks and uncertainties, including the risk that our recent sales, marketing, and strategic efforts will not result in increased product awareness or sales of our Intrusion Shield. These statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, the risk that this financing fails to provide the needed capital for the Company to execute its current business strategies, the Company does not achieve the anticipated results from its current sales, marketing, operational, and product development initiatives, as well as risks that we have detailed in the Company’s most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.”

MoneyHero Study Shows Inquiries for Urgent Loans in Hong Kong Almost Doubled in Post-Pandemic Era

  • MoneyHero study casts a spotlight on personal loan trends in Hong Kong, analysing organic traffic data and applications through the MoneyHero platform that manages approximately 1.4 million monthly unique users.
  • Year-over-year data also revealed an increase in user interest in loans from licensed money lenders, with the proportion of applications for money lender loans versus bank loans growing from 51% in 2022 to 62% in 2023, while interest in bank loans declined.
  • 47% of MoneyHero users applied for personal loans more than once between 2021 and 2023, and 53% of repeat applications were made during the 2023 tax loan period from October 2023 to January 2024.

HONG KONG SAR – Media OutReach Newswire – 9 May 2024 – MoneyHero Global Ltd (“MoneyHero”), Hong Kong’s largest and most visited digital personal finance platform and a subsidiary of MoneyHero Limited (NASDAQ: MNY), today released the findings of a study on personal loan and consumer behaviour trends in Hong Kong.

The study focused on data over nearly a three-year period from March 2021 to December 2023 and sought to understand how personal loan preferences among Hongkongers shifted during and after COVID-19. Analysing organic traffic data[1] and applications through the MoneyHero platform, the study provided insights into Hongkongers’ personal loan preferences and how consumers are reevaluating their borrowing choices based on their financial needs and loan application requirements.

The study highlighted a significant surge in consumer interest towards urgent loans. Year-over-year (YoY) organic traffic data from MoneyHero’s website revealed high user traffic on its urgent loan pages, witnessing a 36.7% increase over the last two years.

The MoneyHero study also highlighted growing user interest in loans from licensed money lenders, with the proportion of applications for money lender loans versus bank loans through MoneyHero increasing from 51% in 2022 to 62% in 2023 (+9% YoY). In contrast, the proportion of applications for bank loans declined from 36% to 33% over the same period (-3% YoY). This occurred despite the increasing organic traffic to MoneyHero’s bank loans page that grew by 180% over the last two years.

“Economic uncertainty and financing challenges have increased demand for quick access to cash and highlighted a shift towards alternative financing options to address immediate needs,” said Rohith Murthy, Chief Executive Officer of MoneyHero Group. “In another survey, we found that more than half of our users said they would apply for two to three loans for comparison. Indeed, the Annual Percentage Rate (APR) can vary between different loans, ranging from 1% to 1.5%. The personal loan market in Hong Kong has become increasingly competitive, with licensed money lenders introducing a wider array of loan products and rewards programs to attract consumers.”

The shift towards urgent loans and licensed money lenders reflects the growing appeal of short-term fast cash loan options to consumers. Compared to traditional bank loans, these alternatives offer several advantages that resonate with Hongkongers. These include easy application processes, speed of approval and disbursement, flexibility, convenience, less strict eligibility criteria, and shorter repayment periods – key considerations that affect a consumer’s financial decision.

Table 1: Comparison of traditional bank loans and money lender loans (source: MoneyHero Blog)

Traditional banks Licensed Money Lenders
Interest Rate* Lower Higher
Maximum loan amount From HK$2 million to HK$4 million From HK$100,000 up to HK$2 million
Application procedures
  1. Apply from a branch or online.
  2. Borrowers have to provide ID documents and income proof.
  3. Banks to assess borrowers’ credit score with TransUnion.
  1. Apply from a branch or online.
  2. ID documents can be exempted for some loans.
  3. TransUnion credit score assessment can be exempted for some loans.
Approval process Except for pre-approved loans, it usually takes more than 7 working days for approval. Can be completed within a few minutes.

The study also revealed that 47% of MoneyHero users applied for personal loans more than once in the past three years. Notably, for users applying for more than four loan products, 53% of the repeat applications were made during the 2023 tax loan period between October 2023 to January 2024.

The MoneyHero study underscores the critical need for financial literacy tools in the post-pandemic economic climate. As consumers try to keep up with socio-economic changes, so does MoneyHero, expanding its business and bringing more comprehensive solutions to the market. MoneyHero has grown from a first-mover start-up that offered simple product comparisons and blog articles, to being the city’s most prominent personal finance platform, empowering users to make informed financial decisions.

“At MoneyHero, we are committed to empowering Hongkongers by equipping them with the knowledge and tools needed to simplify their financial decisions. Through our impartial comparison of financial products, we aim to enhance financial literacy and guide individuals towards a better financial future. Our commitment to this mission remains, and we will continue to provide accessible and transparent financial information to all Hongkongers, further developing and strengthening our platform as a trusted partner in assisting consumers during times of financial stress.” Rohith added.

To discover how MoneyHero can assist with loan applications, please visit www.moneyhero.com.hk. To borrow or not to borrow? Borrow if you can repay. Don’t pay any intermediaries.

-END-


[1] A visit to a website that originated from a search engine result page but not through a paid advertisement.

Hashtag: #MoneyHero

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

MoneyHero Group

(NASDAQ: ), formerly known as Hyphen Group or CompareAsia Group, is a market leader in the online personal finance aggregation and comparison sector in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan, the Philippines, and Malaysia with respective brands for each local market. MoneyHero currently manages 279 commercial partner relationships and services 8.7 million Monthly Unique Users across its platform for the 12 months ended December 31, 2023. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

MoneyHero

MoneyHero is Hong Kong’s largest and most popular digital personal finance platform, on a mission to empower and connect the Hong Kong public to a better financial future. We realise this mission by giving users more clarity, control, and confidence over their financial decisions through comprehensive comparison, insightful content, exclusive rewards, and personalised solutions to find and apply for the right personal finance product.

Launched in 2013, we are part of MoneyHero Group, formerly known as Hyphen Group or CompareAsia Group, a leading fintech company operating in 5 markets, including Hong Kong, Malaysia, the Philippines, Singapore, and Taiwan.

First Phosphate Enters into LOI for Rapidwall Manufacturing Plant to Support Housing for Rural and Indigenous Communities in Canada and the United States


Saguenay, Quebec – Newsfile Corp. – May 8, 2024 – First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company”) is pleased to announce that it has entered into a partially binding letter of intent (“LOI”) with Rapid Building Systems Pty Ltd (“RBS”) of Adelaide, Australia for the development of a Rapidwall Manufacturing Plant in the Saguenay-Lac-St-Jean Region of Quebec, Canada. Upon acceptance of terms for the supply of a Rapidwall Manufacturing Plant by RBS, First Phosphate will be granted a license for the exclusive sales and marketing rights for Canada to RBS’s Rapidwall and Rapidseal products.

The Rapidwall Manufacturing System would allow First Phosphate to upcycle the clean phosphogypsum produced from its proposed purified phosphoric acid (“PPA”) plant into building material panels which could be used to support housing for rural and indigenous communities in North America. Rapidwall pilot video can be seen at: https://www.firstphosphate.com/rapidwall.

Rapidwall is a prefabricated load bearing walling panel manufactured in a moulding process using glass-fibre reinforced, water-resistant gypsum plaster suitable for use in single, double or multi-storey housing and for commercial and industrial development.

Rapidwall eliminates the need for bricks, timber wall frames and plasterboard as it serves as both the internal and external load bearing wall, and in turn, reduces the use of more greenhouse gas intensive construction materials relative to traditional building practices. For more details regarding Rapidwall product specifications, including construction details, sound transmission, fire resistance and thermal insulation properties and specifications, please see the rapidwall website at www.rapidwall.com.au/resources-downloads.

The Rapidseal Manufacturing System would also allow First Phosphate to upcycle phosphogypsum from its proposed operations into a fire resistant spray plaster (gypsum) for solutions developed against spontaneous combustion and fire-prevention in mining, bio-organic landfill and forestry operations. This segment is especially of interest in northern Quebec and other northern Canadian and American rural areas and indigenous communities given the traditional forest fire dangers in these remote communities. Rapidseal pilot video can be seen at: https://www.firstphosphate.com/rapidseal.

“We are pleased to have tested First Phosphate phosphogypsum and can confirm that it will be able to produce excellent quality Rapidwall building material,” says RBS General Manager, Ben Lucas. “This is some of the highest quality phosphogypsum feedstock that we have ever tested, material which does not require the additional purification or neutralization that do most other gypsums from around the world. First Phosphate gypsum can be directly calcined to produce Rapidwall or Rapidseal material to provide additional revenue streams for the Company with minimal processing steps.

“Rapidwall and Rapidseal will help to valorise our clean phosphogypsum into products which are vital to rural and indigenous communities across North America,” says First Phosphate CEO, John Passalacqua. “This is an exceptional development in our commitment to a circular economy and to upcycling of our waste streams. First Phosphate and the LFP battery segment in North America will contribute to decarbonisation and to a cleaner economy in all ways possible.”

Upon completion of its mine, First Phosphate expects to have access to clean igneous anorthosite phosphate-bearing rock in Quebec, Canada that it intends to purify into battery-grade purified phosphoric acid (“PPA”) for making iron phosphate precursor to support the development of the lithium iron phosphate (“LFP”) battery ecosystem in North America. The phosphogypsum bi-product produced from the purification of igneous phosphate rock into PPA is expected to produce low-contaminant gypsum bi-product which can be upcycled into Rapidwall or Rapidseal. These high-quality gypsum bi-products have been used broadly in Australia, Africa, Europe, Asia and South America for decades. Now North America will have access to the same approach to a circular economy (a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible, thereby injecting further revenue into the local economy).

It is projected that a 150,000 tonne PPA plant could produce roughly 700,000 tonnes of clean recyclable gypsum which, using Rapidwall technology, could be used to build approximately 25,000 stand-alone three bedroom homes every year or 50,000 two bedroom apartment units for rapid deployment into rural and indigenous communities across North America. The Company’s access to clean phosphogypsum on a commercial scale is dependent on, among other things, the completion and operation of a mine on one of its properties in the Saguenay-Lac-Saint-Jean region of Quebec and the completion of its proposed PPA plant.

The Company has also granted 290,000 restricted share units of the Company (“RSUs”) to two eligible consultants of the Company. The RSUs vest in 3 tranches (40% on August 31, 2024, and 30% on both November 30, 2024 and February 28, 2025). The RSUs are subject to the terms of the Company’s Omnibus Equity Incentive Plan as approved by disinterested shareholders at the Company’s annual and special meeting of shareholders held on August 25, 2023. All securities issued are subject to a hold period of four months plus one day from the date of issuance.



RapidWall
https://www.firstphosphate.com/rapidwall

To view an enhanced version of this graphic, please visit:
https://laotiantimes.com/wp-content/uploads/2024/05/208251_da8fa75be44ee9c6_001full.jpg



RapidSeal

https://www.firstphosphate.com/rapidseal

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/208251_da8fa75be44ee9c6_002full.jpg

About Rapidwall
Rapidwall is a cost effective building material manufactured using plaster produced from natural or by-product industrial waste gypsum which is transformed into durable, load bearing Rapidwall panels suitable for high-rise, residential, commercial and industrial building construction. Rapidwall homes and buildings are now being constructed around the globe. Rapidwall has been earthquake tested, is cyclone and fire resistant, water and rot resistant, load bearing, termite resistant, sound proof and 100% recyclable.

About Rapidseal
Rapidseal is a range of Gypsum Plaster products that are utilised in a variety of construction, civil and mining applications. These products replace dangerous PFAS chemical, with safe, inert and cost-effective sprayed solutions. Rapidseal products have been used to address spontaneous combustion in coal mines and stockpiles through the rapid coating of strata so as to seal off gases escaping from the coal while further preventing ongoing spontaneous combustion with negligible impact on the calorific value of the coal. Rapidseal products are also used as lightweight coatings which provide fire protection to structural steel elements used throughout construction industry.

About First Phosphate Corp.
First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (“LFP”) battery industry. First Phosphate is committed to producing at high purity level, in responsible manner and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate holds over 1,500 sq. km of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada that it is actively developing. First Phosphate properties consist of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of high concentrations of harmful elements.

For additional information, please contact:
Bennett Kurtz, CFO & CAO
bennett@firstphosphate.com
Tel: +1 (416) 200-0657
Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:
Twitter: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate/

-30-

Forward-Looking Information and Cautionary Statements
This news release contains certain statements and information that may be considered “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward-looking statements, including, among other things, the Company’s planned exploration and production activities, the properties, quantity and composition of any extracted phosphate, the Company’s plans for vertical integration into North American supply chains, the future market for the product and any future revenue sources, compliance of Rapidwall and Rapidseal products (the “Products”) with regional building codes and other end use regulations, future revenue sources, the number of homes and/or units to be constructed, the entering into of a definitive agreement between the parties, suitability of final license terms and the implementation of the definitive agreement in accordance with its terms.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, including, without limitation, expectations of the Company’s long term business outcomes given its short operating history; expectations regarding revenue, expenses and operations; the Company having sufficient working capital and ability to secure additional funding necessary for the exploration of the Company’s property interests; expectations regarding the potential mineralization, geological merit and economic feasibility of the Company’s projects; expectations regarding drill programs and the potential impacts successful drill programs could have on the life of the mine and the Company; mineral exploration and exploration program cost estimates; expectations regarding any environmental issues that may affect planned or future exploration programs and the potential impact of complying with existing and proposed environmental laws and regulations; receipt and timing of exploration and exploitation permits and other third-party approvals; government regulation of mineral exploration and development operations; expectations regarding any social or local community issues that may affect planned or future exploration and development programs; expectations surrounding global economic trends and technological advancements; and key personnel continuing their employment with the Company. In addition, the Company has made assumptions based on third party evaluations of the Products and associated conclusions relating to Product specifications, use and benefits, and the applicability of the Product acceptance and implementation, in accordance and consistent with current construction and installation practices applied in other jurisdictions where the Products are approved, manufactured, and installed to the proposed future uses by the Company.. The Company also assumes that the terms of the Definitive Agreement will be commercially reasonable and acceptable to both parties.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include: limited operating history; high risk of business failure; no profits or significant revenues; limited resources; negative cash flow from operations and dependence on third-party financing; the uncertainty of additional funding; no dividends; risks related to possible fluctuations in revenues and results; insurance and uninsured risks; litigation; reliance on management and key personnel; conflicts of interest; access to supplies and materials; dangers of mineral exploration and related liability and damages; risks relating to health and safety; government regulation and legal uncertainties; the company’s exploration and development properties may not be successful and are highly speculative in nature; dependence on outside parties; title to some of the Company’s mineral properties may be challenged or defective; Aboriginal title and land claims; obtaining and renewing licenses and permits; environmental and other regulatory risks may adversely affect the company; risks relating to climate change; risks related to infrastructure; land reclamation requirements may be burdensome; current global financial conditions; fluctuation in commodity prices; dilution; future sales by existing shareholders could cause the Company’s share price to fall; fluctuation and volatility in stock exchange prices; and risks related to market demands. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant.

These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian securities authorities, including without limitation the “Risk Factors” section of the Company’s Annual Information Form dated November 29, 2023 which is available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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

Trend Micro Expands AI-powered Cybersecurity Platform to Combat Accidental AI Misuse and External Abuse

Eva Chen, CEO: “The promise of the AI era is only powerful if protected”


HONG KONG SAR – Media OutReach Newswire – 8 May 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today launched significant additional AI-powered functionality in its platform to secure organizational use of AI and better manage the risks associated with mass adoption of new AI tools.

Co-founder and CEO Eva Chen is setting the direction for Trend’s market-leading cybersecurity platform ahead of RSA Conference 2024, where Trend researchers will be delivering two talks on AI threat intelligence.

Eva Chen: “Great advancements in technology always come with new cyber risk. Like cloud and every other leap in technology we have secured, the promise of the AI era is only powerful if protected. Our latest platform updates deliver new efficiencies to security teams and provide critical guidelines for AI use.”

Securing the AI Journey

Today, Trend is introducing new capabilities to protect every person accessing public or private generative AI services across organizations. The new elements in Trend Vision One™ – Zero Trust Secure Access (ZTSA) continue Trend’s leadership as the first vendor to focus on securing AI services as well as the people using them across the enterprise:

  • Centralized management of employee access and usage of AI applications
  • Prompt inspection to prevent data leaks and malicious injections
  • Content filtering to meet compliance requirements
  • Defense against large language model (LLM) attacks

Building on years of using AI to better protect customers, the newly launched capabilities in Trend Vision One™ help to manage the human risks inherent in using AI. These arrive as additions to proven capabilities for contextualizing alerts and decoding complex scripts, powering threat hunting queries that can help eradicate credential phishing, recommending customized response actions, and more.

Experts at Trend also provided guidance to the US Cybersecurity and Infrastructure Security Agency (CISA) on possible revisions to its Zero Trust Maturity Model (ZTMM), which aims to help organizations secure emerging tech integrations in their projects.

Dave Gruber, Principal Analyst at Enterprise Strategy Group: “In addition to establishing and refining AI governance policies, security teams need effective mechanisms to identify, monitor, and implement controls for AI usage at both the individual and enterprise level. Security vendors like Trend Micro who have both a long history and experience working with AI, and a proven record of delivering solutions for monitoring and implementing network, web, and cloud controls are well positioned to help security teams enable the rapid adoption of AI to accelerate business objectives in a secure manner.”

Trend upholds a robust responsible AI model and believes that all security vendors have a responsibility to ensure technologies are developed and used in ways that are ethical, transparent and accountable. This cyber risk associated with AI applies to security vendors as well.

As a trusted partner to global law enforcement and security advisory committees, Trend proudly provided guidance to the US Cybersecurity and Infrastructure Security Agency (CISA) on its Zero Trust Maturity Model (ZTMM), which aims to help organizations secure emerging tech integrations in their projects. Additionally, Trend is a proud signatory of the “Tech Accord to Combat Deceptive Use of AI in 2024 Elections” to fight misinformation.Hashtag: #trendmicro, #trendvisionone, #visionone, #cybersecurity




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

Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.