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EquitiesFirst Podcast Series II, Episode 2: India’s time to shine? Opportunity and risk in indispensable India

HONG KONG SAR – Media OutReach – 3 October 2023 – EquitiesFirst, in alliance with The Economist Impact, is excited to present the second episode of Series II in our distinguished podcast series, seeking to dissect India’s constantly evolving investment landscape.

In the last six years, India has manoeuvred itself into a more favourable position in the business environment rankings assessed by the Economist Intelligence Unit (EIU), showcasing impressive growth amongst the 82 tracked countries. The roadmap ahead necessitates strategic enhancements in governance transparency and nurturing an ecosystem conducive to business, echoing the core principles of EquitiesFirst financing strategies.

EquitiesFirst Financing: Navigating the Promising yet Challenging Landscape of Indian Investments

This insightful episode delves deep into India’s economic heartbeat, keenly examining the critical initiatives being undertaken to revamp its infrastructure to accommodate a booming economy, a step pivotal in sustaining its position in global business standings. This segment paints a detailed picture of the potential avenues and associated risks, a true embodiment of EquitiesFirst risk management philosophy.

Featuring industry leaders Ben Mathias and Taimur Baig, the episode aims to furnish investors with a balanced view of the prevailing Indian investment environment, unfolding strategies aiding businesses and investors in navigating through the intricacies of the Indian market, a vision grounded in EquitiesFirst equities-based financing expertise.

EquitiesFirst Partnership: Insights and Intelligence from the Experts

In partnership with The Economist Impact, EquitiesFirst fortifies its commitment to offering nuanced and up-to-date insights. This collaboration effort paves the way for investors to traverse the intricate pathways of equities investment opportunities in India.

EquitiesFirst remains a strong player in risk management and equities-based financing, with a proven track record in structuring robust investment strategies. This new episode is another embodiment of our mission to guide investors as they navigate the ever-changing investment environment in the Asia-Pacific region.

Hashtag: #EquitiesFirst #EquitiesFirstHoldings #EquitiesFirstInvestment

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

About Equities First Holdings

Founded in 2002, EquitiesFirst is a global investor specializing in long-term equities-based financing. EquitiesFirst’s approach overcomes traditional limitations and redefines the financing experience through providing efficient access to capital for listed companies, entrepreneurs and investors against publicly traded securities. The total value of loans transacted is more than US$4.5 billion as of January 2023.

Headquartered in Indianapolis, USA, EquitiesFirst maintains an international footprint of twelve offices in eight countries, including the United States, United Kingdom, Spain, China (Hong Kong, Shanghai and Beijing), South Korea, Thailand, Singapore and Australia (Sydney, Perth and Melbourne). EquitiesFirst is licensed and/or registered in all jurisdictions where required.

EquitiesFirst is the pioneer of Progressive Capital – a partnership approach to investment, rooted in respect, mutual interest and understanding. EquitiesFirst delivers liquidity solutions that are vital, transformative and move partners forward.

For more information, please visit .

Disclaimer

This Document is intended solely for accredited investors, sophisticated investors, professional investors, or otherwise qualified investors, as may be required by law or otherwise, and it is not intended for, and should not be used by, persons who do not meet the relevant requirements. The content provided herein is for informational purposes only and is general in nature and not targeted to any specific objective or financial need. The views and opinions expressed in this Document have been prepared by third parties and do not necessarily reflect the views and opinions of EquitiesFirst. EquitiesFirst has not independently examined or verified the information provided herein, and no representation is made that it is accurate or complete. Opinions and information herein are subject to change without notice. The content provided does not constitute an offer to sell (or solicitation of an offer to purchase) any securities, investments, or any financial products (“Offer”). Any such Offer shall only be made through a relevant offering or other documentation which sets forth its material terms and conditions. Nothing contained in this Document shall constitute a recommendation, solicitation, invitation, inducement, promotion, or offer for the purchase or sale of any investment product by First Holdings, LLC or its subsidiaries (collectively, “EquitiesFirst”), nor shall this Document be construed in any way as investment, legal, or tax advice, or as a recommendation, reference, or endorsement by EquitiesFirst. You should seek independent financial advice prior to making an investment decision about a financial product.

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The material contained in this Document is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.

The information contained in this Document is intended to be general in nature and is not personal financial product advice. Any advice contained in the Document is general advice only and has been prepared without considering your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product.

Hong Kong: Equities First Holdings Hong Kong Limited holds a Hong Kong Securities and Futures Commission Type 1 License and licensed in Hong Kong under the Money Lenders Ordinance (Money Lender’s Licence No. 1780/2022). This Document has not been reviewed by the Hong Kong Securities and Futures Commission. It is not intended as an offer to sell securities or a solicitation to buy any product managed or provided by Equities First Holdings Hong Kong Limited and is only intended for Professional Investors. This document is not directed to individuals or organizations for whom such offers or invitations would be unlawful or prohibited.

Korea: The foregoing is intended solely for professional financial consumers, professional investors or otherwise qualified investors who have sufficient knowledge and experience in entering into securities financing transactions. It is not intended for, and should not be used by, persons who do not meet that criteria.

United Kingdom: Equities First (London) Limited is authorised and regulated in the UK by the Financial Conduct Authority (“FCA”). In the UK, this Document is only being distributed and made available to persons of the kind described in Article 19(5) (investment professionals) and Article 49(2) (high net worth companies, unincorporated associations etc.) of Part IV of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (”FPO”) and any investment activity to which this presentation relates is only available to, and will only be engaged in with, such persons. Persons who do not have professional experience in matters relating to investment or who are not persons to whom Article 49 of the FPO applies should not rely on this document. This Document is only prepared for and available to persons who qualify as Professional Investors under the Markets in Financial Instruments Directive.

©2023 Equities First Holdings Hong Kong Limited. All rights reserved

UOB pioneers trial of Microsoft 365 Copilot Generative AI tool across multiple business functions to enhance productivity and collaboration

SINGAPORE – Media OutReach – 3 October 2023 – UOB is the first Singapore bank to trial Microsoft 365 Copilot, a Generative Artificial Intelligence (Generative AI)-powered productivity tool.

As part of the Microsoft 365 Copilot Early Access Program (EAP), UOB will begin use of Microsoft 365 Copilot in October 2023. 300 employees across multiple frontline and back-end business functions in the Bank will progressively gain access to the new AI innovation from Microsoft. Staff in functions such as branches, customer service and technology and operations will be able to use Microsoft 365 Copilot to improve productivity, accessibility, and collaboration in a secured manner.

“Generative AI has been at the forefront of emerging technologies and we see tremendous potential in integrating it into UOB’s daily operations. With that, we are proud to be among the first banks in ASEAN to deploy Microsoft 365 Copilot to our employees. In addition to productivity improvements, we hope that this tool can spark creativity and inspire innovation among employees, ultimately further enhancing our customers’ banking experiences,” said Mr. Lawrence Goh, Chief Operating Officer and Head of Group Infrastructure Platform Services, Group Technology and Operations, UOB.

“Microsoft is pleased to be collaborating with UOB to equip its workforce with Generative AI tools like Microsoft 365 Copilot, which we believe will yield an unparalleled agility needed to address changing customer expectations, competitive pressures, and regulatory shifts,” said Ms. Lee Hui Li, Singapore Managing Director, Microsoft.

Introduced by Microsoft in March 2023, Microsoft 365 Copilot combines the power of large language models with business data from users’ calendars, emails, chats documents, meetings and more, and Microsoft 365 apps like Outlook, Word, PowerPoint and Teams to turn words into a Generative-AI powered productivity tool.

Participating UOB employees can access Microsoft 365 Copilot for one year once the EAP begins, during which they will receive support from a global Center of Excellence and Microsoft Customer Success team. Workshops are also available to them to ensure a smooth and seamless adoption and onboarding process.

UOB employees can expect to benefit from Microsoft 365 Copilot in several ways:

  • Raise productivity and effectiveness: With Microsoft 365 Copilot, employees can transform the way they work, be it effortlessly summarising lengthy documents and email threads on Outlook, transforming raw data into visualisations in Excel, or delivering concise meetings summaries on Teams. This game-changing automation frees up employees’ precious time, empowering them to unleash their creativity and focus on higher-impact tasks.
  • Improve accessibility to pertinent information: With Microsoft 365 Copilot, employees will gain the capability to locate and reference information within the Bank in an effortless and convenient manner. It can intelligently identify and retrieve relevant data based on the context of the email or documents that employees are working on. This would foster seamless collaboration among employees across different functions, allowing them to build upon each other’s work more easily and meaningfully.
  • Enhance content quality and deliver impactful messaging: By empowering employees with Microsoft 365 Copilot, they can transform existing documents into engaging presentations, make content more concise and suggest suitable tone of voice for messages. This will ensure the Bank maintains a consistent and compelling voice across marketing materials and responses to customers.

UOB understands the potential of integrating Generative AI in the Bank’s daily operations. The Microsoft 365 Copilot EAP will enable the Bank to explore and guide employees through a new way of working with AI, as they create active employee feedback loops that contribute to a broader GenAI strategy for the whole bank. This is part of UOB’s longer-term plans to explore and adopt GenAI technology for meaningful and sustainable business outcomes that can benefit employees and customers, and in keeping with the use of AI in a responsible manner.

Hashtag: #MicrosoftSingapore

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

UOB

UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

Microsoft

Microsoft (Nasdaq “MSFT” @Microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

Inflation Rate Sees Slight Drop in September, Government Takes Aim at Rising Cost of Living

Inflation Rate Sees Slight Drop in September, Government Takes Aim at Rising Cost of Living
FILE: a local market in Laos (photo: hotels)

Laos recorded an inflation rate of 25.69 percent in September, a slight decrease from August which was capped at 25.88 percent, according to the official Bank of Lao PDR website

Prudence Foundation, IFRC and Cartoon Network collaborate on launch of animated series on climate change

‘SAFE STEPS Kids Climate Change’ promotes climate change awareness to children via Cartoon Network’s beloved characters

HONG KONG SAR – Media OutReach – 3 October 2023 – Prudence Foundation, the community investment arm of Prudential plc, has launched SAFE STEPS Kids Climate Change, the latest thematic series of the SAFE STEPS Kids programme. Using well-loved cartoon characters such as We Bare Bears and Gumball, the new series aims to teach children about climate change issues and simple actions they can take to make the planet healthier and safer. The programme was developed in collaboration with the International Federation of Red Cross and Red Crescent Societies (IFRC) and Warner Bros. Discovery’s Cartoon Network.

Nik Nazmi (6th from left) and Marc Fancy (5th from right) launching SAFE STEPS Kids Climate Change in Malaysia
Nik Nazmi (6th from left) and Marc Fancy (5th from right) launching SAFE STEPS Kids Climate Change in Malaysia

The series was officially launched in Kuala Lumpur, Malaysia on 30 September 2023 by Nik Nazmi bin Nik Ahmad (Nik Nazmi), Malaysia’s Minister of Natural Resources, Environment and Climate Change, and Marc Fancy, Executive Director of Prudence Foundation.

Speaking at the launch event, Nik Nazmi said, “Climate change is an existential issue for both present and future generations. The energy and passion of the young will be crucial in helping the world address its impact. We are pleased to introduce this collaborative effort, which will educate and empower our youth to address and respond to this global challenge by incorporating simple yet impactful actions into their daily lives.”

Marc Fancy shared, “Our foundation approach is very much aligned to our core business, life insurance, which is about protection and taking action before events happen. Climate change affects all, especially the vulnerable populations and children. We believe in grassroot education to children about our climate and protecting our environment as well as create a sense of responsibility of how climate change will affect them throughout their lives.”

Prudence Foundation’s mission is to create a better future for vulnerable communities across Prudential’s markets in Asia and Africa by making them safer and more resilient to life’s risks. Climate adaptation is a key focus area for the Foundation where programmes are developed to protect families, communities and economies from the impacts of climate change.

“By investing in resilience and preparedness we can minimise the risks to communities in the event of a disaster. Through the SAFE STEPS Kids programme, we hope to be able to educate and empower the younger generation to become valuable contributors to combat climate change,” added Fancy.

Alexander Matheou, Regional Director, IFRC Asia Pacific said, “Community-led solutions to climate related risks are at the centre of the work at Red Cross, Red Crescent. And at the core of this are our young people. They are not only valuable stakeholders, but are contributors, agents of change, and innovators in every community and area of work. The SAFE STEPS Kids series is a unique cross-sector collaboration to engage these young people and scale up all our efforts to accelerate climate action.”

Vikram Sharma, Head of Consumer Products – India, Southeast Asia & Korea and Head of Advertising & Partnerships – Southeast Asia at Warner Bros. Discovery, added, “Characters from several of our most popular Cartoon Network originals including The Amazing World of Gumball, Teen Titans Go!, Craig of the Creek and We Bare Bears are instantly recognisable and help make the messages shared through the SAFE STEPS Kids initiative relatable and engaging. Warner Bros. Discovery is proud to partner with Prudence Foundation and IFRC on this important project, reaching millions of kids in the region through Cartoon Network and its social media channels.”

SAFE STEPS Kids reaches more than 20 million households everyday via Cartoon Network in Asia. Launched in 2019, previous themes have covered natural disasters, road safety, first aid, and health.

For more information, please visit https://www.safestepskids.com/

Hashtag: #PrudenceFoundation

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

About SAFE STEPS Kids

SAFE STEPS Kids is a multi-platform public-service programme created by Prudence Foundation, in partnership with International Federation of Red Cross and Red Crescent Societies (IFRC) and Cartoon Network.

The programme focuses on providing life-saving information to children via a series of entertaining videos and education materials featuring beloved Cartoon Network characters. SAFE STEPS Kids aims to save millions of lives by educating children from a young age, helping to create a future generation that is well-prepared and resilient to life-threatening situations.

For more information please visit:

About Prudence Foundation

Prudence Foundation is the community investment arm of Prudential plc in Asia and Africa. Its mission is to create a better future for communities by making them safer and more resilient to life’s risks. The Foundation runs regional programmes as well as local programmes in partnership with NGOs, governments and the private sector in order to maximise the impact of its efforts. Prudence Foundation leverages Prudential’s long-term mindset and geographical scale to make communities safer, more secure and more resilient. The Foundation is a Hong Kong registered charitable entity.

For more information please visit:

Vietnam Begins Construction on Power Line from Laos

Vietnam Begins Construction on Power Line from Laos
(Photo: Freepik)

The National Utility Vietnam Electricity (EVN) has broken ground on the construction of a power line to import electricity from Laos on 30 September, to combat the country’s chronic power shortage.

NTT and Qualcomm Team up to Drive AI at the Edge

  • Move aims to drive ecosystem and accelerate Private 5G adoption across digital devices

  • NTT unveils Device as a Service practice to help enterprises boost IT maintenance productivity and reduce costs

HONG KONG SAR – Media OutReach – 3 October 2023 –
NTT Ltd., a leading IT infrastructure and services company, today announced a strategic engagement with Qualcomm Technologies, Inc., a global leader in semiconductor technologies, to invest in and accelerate the development of the 5G device ecosystem to facilitate private 5G adoption, which is critical to powering AI at the edge.
As part of a multi-year engagement, NTT and Qualcomm Technologies will prioritize the development of 5G enabled devices to accelerate innovation with global enterprise customers, a critical catalyst in driving widespread enterprise adoption of private 5G, a market which IDC estimates will exceed $8 Billion by 2026. Qualcomm Technologies’ leadership in application specific semiconductors and 5G chipsets, combined with NTT’s leadership in private 5G, will strengthen the 5G ecosystem, advance AI processing capabilities at the edge and spur innovation across industries.

Driving the 5G device ecosystem
With enterprises accelerating digitization efforts, more connectivity and even more devices are needed. NTT and Qualcomm Technologies will use their combined expertise to meet the need for 5G-enabled devices that support use cases, such as push-to-talk devices, augmented reality headsets, computer vision cameras and sensors at the edge across the manufacturing, automotive, logistics and other industries.
“This collaboration is truly an exciting one because we are answering the demand we’re hearing from our clients. Together with Qualcomm Technologies, we will strengthen the 5G ecosystem delivering the devices our customers require in a simple and cost-effective way, empowering them as they continue along their digital transformation journey,” said Shahid Ahmed, Executive Vice President, New Ventures & Innovation at NTT Ltd. “By working with Qualcomm Technologies, we will further accelerate demand for private 5G across global industries.”
“The proliferation of 5G-enabled devices is a critical component of shaping a more digital and sustainable future. It forms the backbone of many tech advancements that can improve efficiency and sustainability through efficient resource management, energy conservation, and are pivotal for innovation across various industries,” said Mark Bidinger, President, Commercial & Industrial Segments & Channels at Schneider Electric. “NTT’s collaboration with Qualcomm represents a significant step forward in advancing private 5G adoption and meeting the unique demands of the Internet of Things and Machine Learning.”
Accelerating AI adoption at the edge
For AI to scale and make an impact on enterprise operations and organizations’ bottom line, AI processing needs to happen in a hybrid form—both in the cloud and at the edge of the network. The silicon that Qualcomm Technologies develops includes built-in AI and machine learning models, making it well-positioned for growing AI capabilities at the edge. Qualcomm Technologies’ experience with scaling AI technology allows the company to touch a wide range of devices and applications including smartphones, laptops, sensors, automotive solutions, and networking.
“Qualcomm Technologies’ 5G chipsets are prepared for the widespread adoption of AI applications at the edge and, together with NTT, we’ll enhance innovative change across the 5G device ecosystem.” said Jeffery Torrance, Senior Vice President & General Manager, Connected Smart Systems, Qualcomm Technologies, Inc. “NTT is the voice of the customer and combined with Qualcomm Technologies’ semiconductor expertise, we can enable OEMs to build the devices that will benefit a wide range of use cases and customers.”

Qualcomm Technologies and NTT will work together to deliver 5G-ready devices with Qualcomm Technologies’ 5G chipsets with AI models built in to enhance AI at the edge through various applications, such as image recognition, with capabilities ranging from counting items and identifying object characteristics to verifying workers wearing safety masks or hardhats (PPE). Deploying AI applications through NTT’s Edge as a Service will assist enterprises with workplace safety, optimization, and security.
Device as a service
As part of NTT’s end-to-end Edge as a Service offering, NTT is now offering manages services for Device as a Service, to make it easy for customers to access, upgrade and recycle 5G and edge devices and simplify device lifecycle management as well as reduce IT maintenance and costs. The cost-effective per-user, per-month fee model means enterprises no longer need to make large capital investments up front, but rather consume on a more comfortable monthly fee basis, making it easier for customers to deploy edge devices at scale.

Hashtag: #NTT #Semiconductor #5G

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

About NTT Ltd.

As part of NTT DATA, a USD 30 billion IT services provider, NTT Ltd. is a leading IT infrastructure and services company serving 65% of the Fortune Global 500 and more than 75% of the Fortune Global 100. We lay the foundation for organizations’ edge-to-cloud networking ecosystem, simplify the complexity of their workloads across multicloud environments, and innovate at the edge of their IT environments where networks, cloud and applications converge. We offer tailored infrastructure and ensure consistent best practices in design and operations across all of our secure, scalable and customizable data centers. On the journey towards a software-defined future, we support organizations with our platform-delivered infrastructure services. We enable a connected future.

Visit us at .

Rosette Celebrates their 10th Anniversary with Past & New Clients and Unveils Exciting New Offerings: Weddings & Beyond

SINGAPORE – Media OutReach – 3 October 2023 – As Rosette Designs & Co. gears up to celebrate its 10th anniversary with a cosy dinner on 10th October ’23, the renowned creative event styling and wedding planning company reflects on a decade of turning dream weddings into reality. This special dinner, an exclusive invite-only event, will be a gathering of clients from the past ten years, celebrating their shared journey with the company. Established in 2013, Rosette Designs & Co. has consistently demonstrated its unique approach, seamlessly blending design, decor, and wedding planning to offer couples a hassle-free wedding experience.
Over the years, Rosette Designs & Co. has carved a niche in the wedding industry, not only through their innovative 2-in-1 service model that combines in-house styling and decor with full planning and coordination but also by offering invaluable wedding, marriage, and relationship tips to their dedicated subscribers. This comprehensive approach ensures that couples receive a timeless wedding experience — beautifully designed, flawlessly coordinated, and enriched with insights for a lasting marriage.
In celebration of this significant milestone, Rosette Designs & Co is thrilled to introduce a range of new offerings. Leading the way is their most anticipated online course titled “How to Plan Your Wedding Confidently.” Tailored specifically for couples in Singapore and beyond, this course emerges from years of listening to couples who often felt overwhelmed about where to begin their wedding planning journey.
While Rosette Designs & Co can’t personally assist every couple as their wedding planner, this course is their way of imparting invaluable knowledge to a broader audience. Additionally, ‘Rosette Celebrates’ is set to cater to lifestyle events, marking a strategic expansion of the company’s portfolio beyond weddings.
Meanwhile, the Pre-Marriage Course is a testament to Rosette Academy’s dedication to nurturing enduring marriages. Offered as a 5-week series, this course provides couples with the vital tools and insights necessary for a lifetime filled with love and understanding.
Developed by Nicky and Sila Lee, renowned authors of The Marriage Book from the UK, the course covers five foundational topics: Communication, Conflict, Commitment, Connection, and Adventure. Designed to mirror intimate restaurant settings, couples are treated to a unique learning experience, complete with meals, guided discussions, and expert insights.

Another highlight is Rosette Designs & Co’s collaboration with Esther Ku, a renowned Relationship Coach from Malaysia. She will be delivering a virtual speech from LA during the celebratory 10th-anniversary dinner. They will be rolling out relationship and wedding content in collaboration with Esther through weekly updates.

Hellen Lie, the visionary behind Rosette Designs & Co, commented, “Our mission has always been to create memorable weddings, but we also believe in the importance of building strong foundations for marriage. The PreMarriage Course reflects that commitment, ensuring couples are well-prepared for the journey ahead.”
As Rosette Designs & Co. embarks on its next chapter, the company invites everyone to explore their new offerings and services. For more details, please visit https://rosettedesigns.com/.

Hashtag: #RosetteCreativeEvents

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

About Rosette Designs & Co

Established in 2013, Rosette Designs & Co. is Singapore’s premier event styling and wedding planning company. Embracing the philosophy that “A wedding lasts for a day, but a marriage lasts a lifetime,” they offer a unique 2-in-1 service model, blending in-house design and decor with comprehensive planning, ensuring couples a holistic, memorable wedding experience.

Lever Style Keeps Up the Momentum with Sixth Acquisition Since IPO and Continued Outperformance in the Apparel Supply Chain Sector

Elegant Team Development Augments Group’s Outdoor Apparel Technical Capabilities, and Adds Bangladesh Production Base

HONG KONG SAR – Media OutReach – 3 October 2023 – Lever Style Corporation (HKEX: 1346, “Lever Style”), has acquired the Elegant Team Development (“Elegant”) apparel business through an asset purchase. Lever Style is one of the world’s fastest growing apparel production platforms with industry-leading 51% growth in 2022 and 64% growth in 2021.

“Our strategy is to grow organically during strong economic times, and acquire fellow manufacturers and transforming them into our asset-light platform business model during challenging times,” said Stanley Szeto, Executive Chairman of Lever Style.

After a two-year hiatus during the post-covid rebound, Elegant is Lever Style’s first acquisition since 2021, and the sixth acquisition since the company’s IPO in 2019.

Lever Style aggregates smaller apparel supply chain companies that will benefit from Lever Style’s scale, progressive management, platform business model, and financial strength. Increasing scale gives Lever Style more options and resources to better service existing and newly acquired customers.

Lever Style is already a key apparel production partner for outdoor apparel brands such as Arcteryx, Haglofs, and Helly Hansen. Other clients include designer brands such as Paul Smith and Armani; premium contemporary brands such as Hugo Boss and Theory; streetwear brands such as Aime Leon Dore and Todd Snyder; active/athleisure brands such as Spanx and Vuori; and digitally-native brands and platforms such as Bonobos and Stitch Fix.

Elegant is a supply chain solutions provider with special expertise in outdoor and activewear, and also brings Lever Style customers the option to produce in Bangladesh.

Elegant produces for such trusted brands as Mammut, Jack Wolfskin, Red Bull, and Beretta among many others. With this acquisition, Lever Style strengthens its business scale and skillsets in outdoor and active apparel.

Refer to HKEX Announcement: click here

Hashtag: #LeverStyle




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

About Lever Style

Listed on the Hong Kong Stock Exchange, Lever Style (HKEX 1346) is the world’s premier apparel production platform for designer brands such as Paul Smith and Armani; premium contemporary brands such as Hugo Boss and Theory; streetwear brands such as Aime Leon Dore and Todd Snyder; active/athleisure brands such as Spanx and Vuori; outdoor apparel brands such as Arcteryx and Helly Hansen; and digitally native brands and platforms such as Bonobos and Stitch Fix.

Our supply chain solutions encompass fashion design, prototype development, raw material procurement, production, quality control, and logistics. Our innovative, modularized multi-country platform delivers high mix-low volume orders and reduces excess inventory and stockouts. Our versatile approach is rooted in decades of technical expertise gained from working with many of the world’s highest quality and demanding brands. We produce garments for over 100 customers in around 60 factories in Vietnam, China, Cambodia, Indonesia, Bangladesh and India. A certified B Corp, Lever Style is a committed ESG leader in the apparel production sector.

Learn more at