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Huobi to Upgrade HT Burning Mechanism, with 200 million Tokens In Existing Supply

SINGAPORE – Media OutReach – 15 December 2022 – On December 15, Huobi released an official announcement that as of that day, the total number of HT tokens burnt on the Huobi platform reached 296.02 million, with 239.8 million tokens in existing supply and a HT deflation rate of 0.12 in December. With the HT burning mechanism in operation, the total number of HT will be further reduced. Since H.E. Justin Sun, member of the Huobi Global Advisory Board and founder of TRON, proposed to empower HT as the development strategy of the Huobi. A number of related initiatives were released, including the identification of HT as the only pass for the Huobi ecosystem and participation in the subscription of DMC.

The announcement also shows that the HT burning mechanism has been upgraded from the previous monthly to quarterly , which will be officially implemented from the first quarter of 2023. In addition, Huobi burnt a total of 266,000 HT(approximately 1,782,000 USDT) in November, a 15.94% increase in the number of HT burnt compared to October, and a total of 296,020,000 HT were burnt on the Huobi as of December 15, 2022.

The announcement revealed that the upgrade of the burning mechanism was the result of listening to a wide range of community voices and deciding to adopt the community’s suggestions for further transparency in HT buyback, while the quarterly release of HT burning information is also based on the unified normative standards of the three major platforms in the industry.

Since the launch of the empowerment program with HT as the core of the platform, HT has continued to improve under the promotion and support of the community. Huobi believes that this change in the burning mechanism that pulls together the three major standards of the industry will make the burning of HT more transparent and professional. More importantly, this reflects Huobi’s development mindset of constantly innovating and creating HT, always sharing the same fate with the community, and promoting Huobi’s strategic goal of returning to the big three to accelerate its realization.

Huobi had announced that HT would become the only pass-through token within the Huobi ecology and for users to subscribe DMC. At the brand upgrade conference on November 22, Huobi said it would continue to empower platform tokens as an important way to build a global operation strategy and ecosystem deeply, build more application scenarios, and grant users more rights and interests in the future.

As Huobi’s global advisory board member, His Excellency Justin Sun also emphasized the important role of HT in the Huobi ecosystem. He not only proposed three major strategies for the future development of Huobi: global development, technology-driven development, and technology for good, but also said, “We know that the key to revitalizing Huobi is to empower HT, and only when HT thrives will Huobi thrive. There will be many big actions around HT in the future, including significant empowerment, and business cooperation, and we will unite all the forces that can be united to make Huobi greater together!”

As one of the initiatives to empower HT, Huobi PrimeVote insists on the concept of “returning project construction to the community and giving the listing token right to HT holders,” focusing on high-quality assets, supporting projects with strong market potential, and providing support to the project community. Thus, the crypto industry will be pushed to recover as soon as possible in the cold winter and restore people’s confidence in the crypto industry.

Hashtag: #Huobi

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

New Online Personal Loan afterU offers low-interest turnaround solutions for Professionals in Emerging Industries

HONG KONG SAR – Media OutReach – 15 December 2022 – uFinance, the Information Loan Platform for Tertiary Students in Hong Kong, has expanded its lending services to include personal loans with a new brand, afterU, in September this year to offer lower interest rates and larger personal loans to those with tertiary qualifications or professional qualifications. Professional qualifications are not limited to traditional industries and civil servants, but also include emerging professions such as Data Analysts, Digital Marketing Specialists, Programmers, System Security Officers, Blockchain Developers, Online Education Specialists, Product Managers, etc. With the founding mission of uFinance, afterU will provide not only financial support to its target audiences, but also information that will help professionals to plan their careers and future through the platform, allowing them to achieve their goals by continuing to equip themselves while being employed.

Low-interest loans for professionals no longer restricted to traditional industries

While many traditional banks and financial institutions offer personal loans with a heavy emphasis on the applicant’s income and credit score, afterU believes that lending companies should consider occupation as one of the approval criteria, as having a stable income can reduce the risk of late repayment. Even though there are other lending companies that offer civil service loans or low-interest loans for professionals, often these loans are only available to professionals in traditional industries (e.g. doctors, pilots, etc.). However, with the rise of new professions such as System Security Officers and Blockchain Developers in the IT industry, it is expected that the demand for such professionals will continue to grow. afterU believes that loan applicants with professional qualifications in emerging industries have a more stable income and unlimited potential. Therefore, afterU hopes to provide more suitable low-interest loan support to professionals in emerging professions, so that they can solve their financial needs and achieve their finance freedom goal.

afterU loans are available online and offer you flexible solutions

afterU personal loans are available online, offering a completely online loan process from application, approval, contract signing and disbursement without the embarrassment of offline visit. As long as you have a tertiary education or professional qualification and are a permanent resident of Hong Kong aged 18 or above, you can apply for a low-interest personal loan instantly at the afterU website. Furthermore, afterU understands that applicants often only need short-term cash flow, the afterU offer a flexible repayment plan that allows you to repay the entire loan early at any time without any handling fees or penalty interest.

Hashtag: #uFinance

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

About uFinance

uFinance Hong Kong Limited (“uFinance”) was established in 2018 to provide the most suitable financial support for tertiary students in Hong Kong, enabling them to manage their finances and take advantage of every learning opportunity. Since its inception, uFinance has served more than 10,000 students and has worked with over 200 societies from tertiary institutions.

Moreover, uFinance understands that many tertiary graduates also have to face various financial needs after joining the society, such as further studies, house ownership or investment. To help newcomers to the workforce to enter society without the pressure, uFinance will be extending its lending services into the private lending sector in 2022, with the launch of a new brand, , to provide more suitable financial support for those with tertiary qualifications or professional qualifications. For more information, please visit our afterU website:

Christmas Wonderland at Panyathip International School

Christmas came early this year as Panyathip International School celebrated its 3rd annual Christmas Wonderland event.

Next in Line to Throne, Thai Princess Suffers a Possibly Fatal Heart Attack

Princess Bajrakitiyabha was out running with her dogs in the Khao Yai national park in Pak Chong District on Wednesday when she had a heart attack.

The 44-year-old princess was first taken to Pak Chong Nana Hospital in the city of Nakhon Ratchasima where CPR was performed on her for several hours but to no avail. King Vajiralongkorn rushed to the hospital in a military helicopter to be by his firstborn child.

Journalist Andrew MacGregor Marshall wrote on Twitter that when CPR failed, the only option was to move the princess to Bangkok for ECMO treatment as it could keep a person alive when their heart and lungs are not able to function.

According to eyewitnesses, a hospital helicopter took off in the early hours of Thursday morning flanked by two military helicopters. It is believed that Thai PM Prayut Chan-o-cha who was in Brussels for an EU-ASEAN Summit is also on his way back to Thailand after hearing the news of the princess’s critical condition.

Royal sources have anonymously confirmed that Princess Bajrakitiyabha is a critical condition and may not recover.

Princess Bajrakitiyabha is King Vajiralongkorn’s only child with his first wife Princess Soamsawali. She has a Ph.D. in Law from Cornell University in the US and is a Thai diplomat who had earlier worked with the Permanent Mission to the United Nations, in New York and has been a Thai ambassador to Austria. She is currently the Chief of Staff of the Royal Security Command of Thailand where she holds the rank of a General.

Govt. to Compensate Those Affected by Construction of Laos-China Railway

Laos China Railway officially launched today

The Lao government has vowed to address the environmental and social impacts associated with the Laos-China Railway project by the end of this year. 

NEFIN completed Alliance’s largest renewable energy project generating more than 74,000kWh solar power annually

The solar PV system installed at the new Sai Tso Wan 2 plant is capable of offsetting 29 tonnes of CO2 annually

HONG KONG SAR – Media OutReach – 15 December 2022 – NEFIN, APAC’s premium green independent power producer (IPP), is pleased to announce the successful completion of the largest solar PV system installed for Alliance Construction Materials Limited (“Alliance”), a joint venture of CK Infrastructure Holdings Limited (“CKI”) and HeidelbergCement. The system will generate approximately 74,000 kWh electricity annually, equivalent to offsetting 29 tonnes of CO2 per year, or planting 480 extra trees for Hong Kong.

The new Sai Tso Wan 2 Plant is Alliance’s third concrete batching plant to install a solar PV system for generating renewable energy. The solar PV systems in the two other Alliance plants, namely Yuen Long Plant and Tsing Tim Street plant were installed in 2020. This is the largest system amongst the 3 plants.

NEFIN15.JPG
Captions:
Top left: Aerial view of solar PV systems on Sai Tso Wan 2 Plant
Top right: Alliance & NEFIN team photo
Bottom left: Ribbon-cutting ceremony signifying completion of the project
Bottom right: Mr Dan Ahern, General Manager of Alliance (left) and Mr Eric Leung, Business Development Director of NEFIN Hong Kong (right)

“Our latest deployment is a perfect example of how NEFIN delivers bespoke carbon neutral solutions to our long-term partners. Our work with Alliance is a testament to the renewable energy movement in Hong Kong and we pride ourselves in helping our partners and clients reduce their carbon footprint through a safe and smooth energy transition.” said Mr. Glenn Lim, CEO of NEFIN Group.

The plant contains 124 PV panels, which are installed at two separate rooftop zones. The teams have opted to make use of industrialized panels for this project which contain specialized optimizer systems for electrical safety enhancement while optimizing performance. As the trusted partner for developers, contractors and other professionals in the construction industry, Alliance provides concrete and aggregates solutions to support diverse range of construction projects around Hong Kong.

“At Alliance, we strive to take the lead, work with our industry and community to realize the Net Zero 2050 global vision and combat climate change. Besides delivering products and services with lower carbon footprint, we committed to the Science Based Targets initiative this year, which marks our clearly-defined path to reducing carbon emissions. Developing Solar PV system at our plants is also a key step to achieve our sustainability ambition. It’s our strategic plan to explore more renewable energy sources as well as improve energy efficiency in order to meet the growing energy demand,” Mr. Vincent Yu, CEO of Alliance said.

NEFIN, and their shareholder ACEN have collectively developed over 3,400 MW of utility-scale, commercial and industrial renewable energy systems, making them highly experienced in system installation even at a height of 40m. The plants are also installed with railing system for safety protection, ensuring safety is kept at the forefront of the operations.

The two companies will continue to work together to combat climate change and finding new ways to achieve their sustainability goals.

Hashtag: #NEFIN

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

About NEFIN Group

NEFIN is a premium green independent power producer (IPP) offering bespoke carbon neutral technologies & financing solutions in Asia Pacific. NEFIN, funded by AC Energy Corporation (“ACEN”), has collectively installed over 3,400MW of utility-scale, commercial and industrial renewable energy systems. ACEN is listed in the Philippines (PSE: ACEN) and is part of the Ayala Corporation, one of the largest and oldest conglomerates in Philippines, founded by the Ayala family in 1834. With its regional and multidisciplinary team, NEFIN offers comprehensive assessments and a full-suite of services to evaluate the ESG impact and commercial viability of projects through innovative approaches to technology under its unified energy management platform.

With a mission of “Achieving Carbon Neutrality for You”, NEFIN is committed to the global climate goals and aims to accelerate the decarbonisation of our client portfolios. NEFIN believes the future of the world is everyone’s responsibility and strives to redefine energy boundaries towards a sustainable future. Please refer to NEFIN’s website for more information and follow us at .

About Alliance Construction Materials Limited

Alliance Construction Materials Limited (“Alliance”) is the leading concrete and aggregates Total Solutions Provider in Hong Kong. Having grown hand in hand with Hong Kong since early 1960s, the company has evolved to be a joint venture owned by CK Infrastructure Holdings Limited (“CKI”) and HeidelbergCement since 2004.

Embracing the international credentials and local expertise inherited from both CKI and HeidelbergCement, Alliance provides innovative, reliable and customer-focused solutions on ready mixed concrete and aggregates to meet the most demanding requirements of construction projects in Hong Kong. With a proven track record of more than half a century, the company are committed to delivering the best value for customers with its unrivalled technical expertise and production capability, strategically located concrete plants, sustainable rock reserves, strong logistic capability, digitalized processes and dedicated customer service team. For further information, please visit .

Southco Introduces PCI Riser Cage Fasteners For Use On New Server Chassis Models

HONG KONG SAR – Media OutReach – 15 December 2022 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has expanded its line of successful DZUS® quick access fasteners with a new version designed for PCI riser cages that offers quick access and shock resistance when connected to next generation server chassis models. Southco’s new DZUS® D9 Tech Line Quick Access PCI Riser Cage Fastener Assembly accommodates size 2U servers, supporting the new type of connector currently deployed by leading server manufacturers.

DZUS® D9 Tech Line Quick Access PCI Riser Cage Fastener

DZUS® D9 Tech Line Quick Access PCI Riser Cage Fastener

The DZUS® D9 Tech Line Quick Access PCI Riser Cage Fastener Assembly features a captive, spring-loaded design and tool-free operation, locking firmly into position to provide shock and vibration resistance. The user simply pushes down on the cap while rotating 180 degrees to fasten the server cage to the mating receptacles on the chassis. Set clamping force provided by the fastener prevents over-tightening. Available in multiple color options, the cap enables designers to designate access through an array of standard and custom color options.

The DZUS® D9 Tech Line Quick Access PCI Riser Cage Fastener Assembly is available with multiple stud lengths to ensure compatibility with a variety of PCB thickness ranges, making it easy to install, remove and replace server cards. DZUS® D9 Tech Line Quarter-Turn Fasteners combine Southco’s proven quarter-turn and captive fastening technologies to create a next generation solution that provides consistent, reliable clamping force and quick access.

According to Global Product Manager Jim Grady, “The DZUS® D9 Tech Line Quick Access PCI Riser Cage Fastener Assembly offers simple operation and is designed to secure PCI graphics, audio and storage cards. The newest addition to Southco’s DZUS® Fastener series locks into position quickly and can be easily unfastened to save service time.”

For more information about Southco’s Quick Access Fasteners, please visit https://www.southco.com/D9.
Hashtag: #Southco

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

About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

Southco Asia Limited

2401, Tower 2, Ever Gain Plaza

88 Container Port Road, Kwai Chung

Hong Kong

COMO Shambhala Launches Its First App Putting A Suite Of Holistic Wellness Experience In Your Pocket

The COMO Shambhala Anywhere app is a digital extension of the brand’s philosophy and gives access to yoga, meditation, slumber stories and even strength training routines, anytime, anywhere

SINGAPORE – Media OutReach – 15 December 2022 – COMO Shambhala, the award-winning wellness concept found in 14 COMO Hotels and Resorts properties in nine countries and four continents, is taking its comprehensive suite of experiences online onto your palm through its new app, COMO Shambhala Anywhere.

It comes at a time when caring for mental health and managing stress takes centre stage, especially as more return to the office and may find themselves starved of time to hit the gym, or truly calm their mind for a good night’s rest.

Wellness in the palm of your hand

The app is the digital extension of the brand’s philosophy and users can jump into a digital wellness retreat with videos featuring seasoned practitioners from COMO Shambhala. Many of the instructors have been with the brand for decades, and returning guests who have taken sessions in person can look forward to seeing them virtually and experiencing their guidance on a daily basis from the comforts of home.

“Hotel guests at our property often tell us about their transformational experiences. This app is designed so they can continue to engage with the practitioners and pursue the practices they love even after they return home,” says Alexis Fosler, Chief Operating Officer of COMO Lifestyle. “For those who are new to the unique COMO experience, this app gives you access to our curated suite of wellness services anytime and anywhere in the world,”

Blend your way to better health

The app aligns itself with the six pillars of wellness: rest, recover, perform, connect, digest, and glow. The experience is centred on “blends” — personalised programs comprising a playlist of guided videos customised on individual preference. This is further augmented by sophisticated Artificial Intelligence that learns each user’s choices to refine the overall experience.

The blend named Endurance for instance, is a workout that includes sets from functional fitness, pilates and yoga that only requires a yoga mat. Choosing a 30-minute duration for the workout will lead to a series of five videos in a playlist starting with a five minute Standing Pilates exercise video and ending with a 10-minute Abdominal Series workout.

Users looking for relaxation can ease into Restore & Unwind, a yin yoga blend that works to restore both the body and the mind to a balanced state. Open up through the body and deeply engage in a deep stretch workout to help you completely relax. Otherwise, seek refuge in guided meditations with blends like the Take Five. The five minute mindfulness exercise will provide much needed relief, featuring beautiful landscapes and a calming voiceover guiding users along controlling their breath, and eventually quieting the mind. Those who are sleep deprived can turn to The Hot Air Balloon Ride — where users are similarly treated to a calming voiceover but this time, one that takes them on a tranquil journey over woodlands and vast deserts.

Brought to you by wellness experts

Launched in Singapore in 1997, COMO Shambhala prides itself on holistic wellness based on more traditional approaches like yoga, Ayurvedic medicine, and Japanese acupuncture. This is on top of massage therapies, naturopathy consultations and even coaching, which guides guests in finding the best versions of themselves.

These retreats are situated in cities like Singapore, London, Bangkok and Perth which offer an urban getaway from the demands of daily life while others like Bhutan, Bali and the Maldives are destinations in their own right.

The COMO Shambhala Anywhere app is free to download on iOS and Android, with an active paid subscription of USD$19.99 a month.

Please find high-res images here.

Hashtag: #COMOShambhala

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

About COMO Shambhala

Founded in 1997 by Mrs Christina Ong, COMO Shambhala has evolved organically from an intimate yoga studio in Singapore into an award-winning wellness concept found in 14 COMO Hotels and Resorts properties across nine countries and four continents. Meaning ‘peace’ in Sanskrit, Shambhala alludes to the pursuit of balance that defines our philosophy. COMO Shambhala advocates proactive holistic wellness, combining modern science with ancient practices. From city centres to island retreats and highland resorts, COMO Shambhala offers a team of diverse wellness practitioners across various modalities. Our curated suite of wellness services includes treatments, experiences, products and activities. Complementing these services is our signature COMO Shambhala Cuisine, a full range of healthful nutrition-optimised dishes using pure ingredients in nourishing combinations.