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Best Mart 360 Interim Results: Revenue and net profit increased by 19.6% and 261.5% YoY; Proposed an interim dividend of HK8.0 cents per share

Hightlights:

  • Revenue increased by 19.6% to approximately HK$1,031.9 million.
  • Gross profit increased by 30.7% to approximately HK$364.7 million, gross profit margin increased by 3.0 percentage points to 35.3%.
  • Profit attributable to owners of the Company increased by 261.5% to approximately HK$82.0 million.
  • As at 30 Sep 2022, the Group operated a total of 144 chain retail stores, representing an increase of 15 stores as compared with the Corresponding Period Last Year
  • Basic earnings per share was 8.2 cents. The Board recommended the payment of interim dividend of HK8.0 cents per share.

Financial Highlights:

For the 6 months ended 30 Sep
HK$’000

2022

2021

Change

Revenue

1,031,896

862,978

+19.6%

Gross profit

364,712

279,132

+30.7%

Gross profit margin

35.3%

32.3%

+3.0 ppts.

Profit attributable to owners of the Company

82,049

22,699

+261.5%

Profit attributable to owners of the Company (Excluding non-recurring subsidy income)

64,053

22,699

+182.2%

Basic earnings per share (HK cents)

8.2

2.3

+256.5%

Interim dividend per share (HK cents)

8.0

1.5

+433.3%

HONG KONG SAR – Media OutReach – 24 November 2022 – Best Mart 360 Holdings Limited (“Best Mart 360” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2360.HK), a leading leisure food retailer in Hong Kong, announced its interim results for the six months ended 30 September 2022 (“the Period under Review”). During the Period under Review, the revenue recorded by the Group amounted to approximately HK$1,031,896,000 representing an increase of approximately 19.6% as compared to approximately HK$862,978,000 for the six months ended 30 September 2021 (the “Corresponding Period Last Year”). Profit attributable to owners of the Company amounted to approximately HK$82,049,000 during the Period under Review (for the six-month period ended 30 September 2021: approximately HK$22,699,000). Excluding the non-recurring income of approximately HK$17,996,000 received from the Hong Kong government under the Employment Support Scheme, the year-on-year increase would be approximately 182.2%.

During the Period under Review, gross profit and gross profit margin of the Group were approximately HK$364,712,000 and 35.3%, representing an increase of 30.7% and 3.0 percentage points as compared to gross profits of approximately HK$279,132,000 and gross profit margin of approximately 32.3% for the Corresponding Period Last Year, respectively. The significant increases were mainly attributable to the Group maintaining an active expansion policy to increase the strategic footholds of physical stores, as well as the appropriate adjustments made by the Group to its sales strategy and optimization of its product structure which have resulted in a more diversified range of products.

During the Period under Review, basic earnings per share of the Group was approximately HK8.2 cents (for the six months ended 30 September 2021: HK2.3 cents). The Board recommended the payment of interim dividend of HK8.0 cents per share.

BUSINESS REVIEW

CHAIN RETAIL STORES

As at 30 September 2022, the Group operated a total of 144 chain retail stores, comprising 141 “Best Mart 360˚” and three “FoodVille” stores (30 September 2021: 128 stores and one store, respectively). In terms of geographical coverage, as at 30 September 2022, the Group operated 136 stores, six stores and two stores in Hong Kong, Macau and Mainland China, respectively (30 September 2021: 124 stores, five stores and nil, respectively). During the Period under Review, the Company proactively expanded the footprint of its physical stores and has gradually rented larger retail spaces for stores over time. Also, the Company has gradually optimised its stores in line with the diversification of its product mix to enhance the brand image.

The Group will continue to concentrate on increasing its presence in shopping arcades in community or residential areas and have taken into account the customer traffic and operational efficiency of each store at the same time to adopt a cautious approach in expansion. For the six months ended 30 September 2022, the ratio of rental expense (on a cash basis) to sales revenue of the Group’s retail stores was approximately 10.4%, representing a decrease of 1.4 percentage points as compared to approximately 11.8% for the Corresponding Period Last Year.

THE PRODUCTS

During the Period under Review, the Group adhered to its global procurement policy by sourcing a broad spectrum of products worldwide to continue optismising and enriching its product portfolio. For the six months ended 30 September 2022, the Group has sold more than 900 brands and over 3,000 SKUs of products in total, offering customers a diversified range of choices.

To enhance brand advantages, control product quality and supply more effectively and maintain profitability, the Group continued to actively develop its private label products during the Period under Review. For the six months ended 30 September 2022, sales of private label products amounted to approximately HK$151,064,000 (for the six months ended 30 September 2021: approximately HK$140,044,000), representing an increase of 7.9% as compared with the Corresponding Period Last Year and accounted for approximately 14.6% of the Group’s overall revenue for the Period under Review.

During the Period under Review, the Group has strengthened its private label products and has developed a cumulative total of 11 private labels and 183 products, including nuts and dried fruits, canned Chinese delicacies, cereals, milk, honey, masks and daily necessities and a wide range of leisure food products.

MEMBERSHIP SCHEME AND MARKETING & PROMOTIONAL ACTIVITIES

As at 30 September 2022, the number of the Group’s registered fans and members was approximately 1,931,400 (30 September 2021: 1,764,600), representing a year-on-year growth of 9.5%. The number of mobile app members has reached approximately 815,100, an increase of 27.9% from approximately 637,100 of the Corresponding Period Last Year.

Meanwhile, the Group has conducted various marketing and promotional activities to enhance the brand’s exposure in the market during the Period under Review.

EMPLOYEES

As at 30 September 2022, the number of full-time and part-time employees of the Group was 1,167 (30 September 2021: 900). The Group is committed to investing resources in optimizing its systems. By consolidating the systems within the Group, the Group has fostered a close communication of information between front-line and back-end staff, established a more meticulous and integrated management on people, goods and venues, and provided support to applicants. The Group has also further enhanced automation to streamline processes and boosted overall efficiency. Staff costs (excluding Directors’ emoluments) of the Group for the six months ended 30 September 2022 accounted for approximately 9.4% of revenue, representing a decrease of 0.7 percentage points as compared to 10.1% in the Corresponding Period Last Year.

OUTLOOK

Looking ahead, as the market anticipates the lifting of all travel restrictions by the government and a continued improvement in local business sentiment, the Group will also ride on the economic recovery to consistently look for suitable opportunities to expand the store network of its major retail brand “Best Mart 360˚” and global gourmet store “FoodVille” in Hong Kong, Macau and Mainland China, with a target of achieving a net increase of 20 retail stores each year to satisfy the demand of different customer segments for quality food products under a “dual-brand” model. The “Best Mart 360˚” brand will continue to focus on serving the residential areas and expanding the coverage of its store network, while the ongoing optimization of existing retail stores will continue, with a view to providing more comfortable shopping experience to customers and boosting store sales. “FoodVille” will target large and medium-to-high-end shopping malls in Hong Kong as well as stores with larger area and locations with higher customer traffic and stronger consumer spending power. The Group will strive to increase the number of exclusive products of “FoodVille” and actively look for medium-to-high-end diversified quality products from around the world, in order to further differentiate the two brands.

To uphold its business mission in offering the “Best Quality” and “Best Price” to its customers, the Group will strive to strengthen the core competitiveness of its brand. Apart from continuing to source a diversified range of food products worldwide, the Group will also step up the development of its private label products, not only to satisfy market demand for daily necessities and enrich the choices for customers, but also to effectively control product quality. The Group will continue to actively identify upstream suppliers to secure a lower procurement cost, in order to maintain its competitive advantages in pricing.

The Board is of the view that business diversification can effectively expand the Group’s income stream and enable the Group to better attract recurring purchases from customers. In addition to accelerating deployment in the Greater Bay Area with the target of expanding its physical sales network across the country, the Group is also actively examining a trial run of an e-commerce business in Mainland China to allow customers to make online purchases via a WeChat mini-app, with delivery service covering an ecosphere of 3km from the store location, striving for the fastest delivery. It is expected that the operation will commence in this financial year.

Follow the Group will continue to develop its business-to-business (B2B) segment by bulk selling its private label products and other imported products to other retailers in Hong Kong, online stores and even merchants or enterprises in other overseas markets, with a view to expanding the Group’s potential customer base and generate more steady streams of revenue to maintain the profitability of the Group.
Hashtag: #BestMart360

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

About Best Mart 360 Holdings Limited

Best Mart 360 Holdings Limited, mainly operates chain retail stores under the brand “Best Mart 360˚”. It offers wide collection of imported prepackaged leisure foods and other grocery products, principally from overseas. The Group’s business objective is to offer “Best Quality” and “Best Price” products to customers through continuous efforts on global procurement with a mission to provide comfortable shopping environment and pleasurable shopping experience to customers. As at 30 September 2022, the Group operates 144 retail stores that are strategically located at 18 districts in Hong Kong, Macau and Mainland China. In addition, the Group’s new global gourmet store, “FoodVille”, was officially opened in September 2021, which mainly provides globally sourced medium-to-high-end quality food products.

Olymp Trade launches its Football Festival

Kingstown, Saint Vincent and the Grenadines – Media OutReach – 24 November 2022 – Olymp Trade — an online international trading platform — has launched a new multilayered event to get on the same wavelength as millions of football and trading fans worldwide. The event, called Olymp Trade Football Festival, celebrates the world’s biggest football cup and gives everyone a chance to get closer to reaching their financial goals.

The Football Festival will be held on the platform from November 14 to December 20. During this time, Olymp Trade’s users will be able to participate in Ronaldinho’s Trading Cup, the Chalice of Glory, and other activities with gifts and prizes.

Chalice of Glory
The Chalice of Glory campaign is an exclusive gift for Olymp Traders located in Latin America.

Between November 25 and 27, they can enjoy free drinks at various participating bars in Mexico City, Guadalajara, Bogotá, Medellín, or Buenos Aires.

All that’s needed is to make a profitable trade on the platform, take a screenshot of it, and share it on Facebook, Twitter, or Instagram while tagging Olymp Trade’s account. A special Bar Bot on Telegram will help users find a participating bar in their city and claim a drink from Olymp Trade.

Find the detailed info on this campaign here.

Get ready
The highlights mentioned above are just a few activities within Olymp Trade’s Football Festival. There is a lot more to come, including social media contests and prize draws, limited-edition merchandise, Battle Rooms, League Cards, football-themed products on the platform and other innovations.

Olymp Trade, a platform with about 88 million users, is available in 14 languages including Spanish and Portuguese. Its diverse community is united by the idea of financial freedom made possible through trading.

To become part of the Olymp Trade Football Festival, jump onto the platform and join the celebration.

————————————————————————————————
Trading always carries a risk of loss. All trades and investment decisions are made by readers at their own risk and through their own judgment.

Hashtag: #OlympTrade

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

Tia Lee’s Animation Series Takes a New Turn Fourth Episode Welcomes the Handsome Prince

HONG KONG SAR – Media OutReach – 24 November 2022 – Tia Lee Yu Fen, Asian fashion icon, C-POP singer, film and television actress, released the fourth part of her “GOODBYE PRINCESS” animation series on 22 November. With many twists and turns in the story, the latest episode is the most dramatic and romantic one in the series. The viewership figures of the “GOODBYE PRINCESS” animation and motion images MV pre-release campaign series has scaled new heights, with almost 70 million views to date.

In the fourth episode, Pawn to Queen, Tia continues plunging downwards from the last episode; the puppet princess eventually lands on a chessboard. In this dreamland, she becomes a white pawn. On the other side of the chessboard, the queen reads the newspaper and commands the black chess pieces to attack. The white pawn keeps her calm and evades the attacks with agility, eventually reaching the opposite side of the chessboard. There, she sheds the white pawn uniform to regain her human form. In the background, a castle appears mysteriously as a handsome prince kneels down before her to declare his love for her.

Thematic image echoing content of the fourth animated episode.

Thematic image echoing content of the fourth animated episode.

Displaying Tia’s fashion wisdom, “GOODBYE PRINCESS” MV pre-release campaign stylist, Sanshai, Style Director of Vogue Thailand, has hand-picked the Kanapot iconic dusty blue dress, Christian Louboutin heels and Alessandra Rich​ ear-rings for this videographic set.

Today, well-known UK top fashion and culture magazine ROLLACOASTER released a sneak review of the Winter 2022 cover, and announced that Tia Lee will be covering the Winter 2022 global print and digital issues to be released soon, in which Tia will talk about what to expect from Tia’s new, globally-focused era. Tia wears Burberry’s latest autumn and winter collections, presenting yet another side of Tia to her global fans. Previous ROLLACOASTER covers featured Justin Bieber, John Legend, Alicia Keys and other leading artists.

@leeyufen wears @burberry for @rollacoaster (Rollacoaster Magazine) Winter 2022 global cover
Photography by @studioioo
Words by @ericarana
Editor @ellaxwest
Visual Director @s.e.a.n.k
Executive Producer @babylee82 at @blcreativehouse
Styling by @ksy_0105 & @kimjeesoo.work at @es.consultancy
Hair by @enoclee
Make up by @ongibeauty
Nails by @nail.suji
Set Designer @setset_fromyj
Art Directors @aparna_aji @harry_conor
Production Director @bencrankbencrank
Producer @isabellacoleman_

The “Pawn to Queen” poster, released on 23 November, gave more details on the episode:

  1. When the princess falls in the beginning, she passes by a newspaper with the headline “Otaku Goddess”. This appears again in the scene where the queen reads the newspaper.
  1. While fighting on the chessboard, the princess maintains her composure with a familiar look in her eyes. She shows the same determination to chase her dreams as she did in the first 3 episodes.
  1. Adding the handsome prince and his castle, the story builds towards a climax.

The typical fairytale would end here, with the handsome prince and gorgeous princess living happily ever after, but is “GOODBYE PRINCESS” such a straightforward story? Find out in the fifth episode, which will be released tomorrow (25 November)!

The fourth set of motion images and still photography for “Pawn to Queen” was released today together with Vogue Hong Kong, featuring an undaunted Tia on a chessboard, looking at a close to 8-ft plus tall queen with wrapped in newspaper headlines about her.

Episode 5 release schedule:

Animation: 25 November
Animation Poster: 26 November
Motion & still images: 28 November

Official press materials:

“GOODBYE PRINCESS” Animation Episode 4: https://www.youtube.com/watch?v=7Gxw1FP7rAw
“GOODBYE PRINCESS” Episode 4 Poster: https://www.instagram.com/p/ClS1aleNFGw/?hl=en

https://www.facebook.com/photo/?fbid=682690586557499&set=a.231904644969431 (for downloading)

“GOODBYE PRINCESS” Episode 4 Still Image: https://www.instagram.com/p/ClVad-oPLNC/ https://www.facebook.com/photo/?fbid=687955699364321&set=a.231904644969431 (for downloading)
“GOODBYE PRINCESS” Episode 4 Motion Image: https://youtu.be/Q5yGZ5b2f0Y
ROLLACOASTER UK Cover:

https://www.instagram.com/p/ClUA1Swtnyk/

https://www.facebook.com/photo/?fbid=688854202607804&set=a.231904644969431(for downloading)

Vogue Hong Kong「The Voice」Cover:

https://www.instagram.com/p/Ck7_neKsh_w/

https://www.facebook.com/photo/?fbid=681908259969065&set=pcb.681909583302266 (for downloading)

Tia Lee Official Channels:
Instagram @leeyufen: https://www.instagram.com/leeyufen/
YouTube: https://www.youtube.com/@tialeeofficial/
Facebook: https://www.facebook.com/leeyufentialee/
Weibo: https://weibo.com/u/1396928042/

Hashtag: #TiaLee

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

About Tia Lee:

Tia Lee Yu Fen (李毓芬), born in Taipei, is an Asian C-POP singer, film and television actress, model, and former member of the girl band Dream Girls. In addition to her acting roles and musical career, Tia appears frequently at major fashion shows. As a fashion icon and trend-setter, Tia has graced the covers of fashion, beauty and lifestyle magazines such as Vogue, Elle, Marie Claire, and shares her beauty and fashion tips through a number of Vogue’s social media channels.

NIPPON Lagoon Coin staking service is launching soon

NEW YORK, US – Media OutReach – 24 November 2022 – NIPPON chance to win villa NFT worth $700,000! the NIPPON Lagoon Coin (NLC) is a major project involving members. The project aims to develop Koh Rong island into the most environmentally, socially and economically ideal and developed region in the world by providing a secure and open ecosystem through the use of blockchain technology for everyone, including investors, developers and users. NLC has announced that they will soon launch a staking service using NLC token, a governance token issued by the project.

NIPPON Lagoon Coin (NLC) is a project focused on Koh Rong, Cambodia, aiming to rapidly grow cryptocurrency along with tourism. The project will create an ecosystem in the island of Koh Rong by issuing a cryptocurrency that can be used to pay for shopping, , real estate, hotels and other services, mainly in the NIPPON Lagoon area managed by the project.

Launching staking service and campaigns

The staking service allows users to deposit the governance token NLC through their digital wallet developed by the project, called NLC wallet. Staking users can get benefits unique to this project.

To celebrate the launch of the staking service, NLC will also hold a campaign for 52 winners to win villa NFTs worth a total of USD 700,000. Users can take part in the campaign by getting raffle tickets. One raffle ticket is awarded for every 5,000 NLC tokens staked, with more staked, the higher the chance of winning.

Other attractive benefits include earning LGN token (utility tokens), depending on the volume of staking, which allows investors holding governance tokens to participate in the ecosystem. Staking users can also get cashback in “RongPay” for payments in shopping, and real estate, and free accommodation in partner hotels. In addition, NLC wallet has a level system whereby the level is raised according to the amount of token staked. Higher wallet level users can receive even more services.

The villas are under construction in Koh Rong, Cambodia, and NFT owners can stay in the villas (for the number of days of ownership) and earn operational profit when not staying. Villa NFTs that can be won in the campaign, can also be sold in the NFT marketplace, “investR”.

Users who are considering purchasing a villa will benefit from participating in the campaign. Even if they do not win in the campaign, they still get the opportunity to purchase a villa NFTs at a discount price.

If a user stakes more than 5,000 NLC tokens, their wallet level exceeds level 5, which offers a discount price of villa NFTs. Discount percentage depends on the amount of staked tokens, with a maximum discount of 23.2% for the initial sales and a maximum discount of 18.5% for the sales of 15th villa NFT onwards (applicable only when purchasing one villa).

About governance token “NCL” used for staking

Governance token “NIPPON Lagoon Coin” (NCL) is a token on the BinanceSmart Chain (BSC) with a mechanism that grants token holders the privilege to influence the direction of the protocol. Various decisions ranging from the creation of new services and budgetary frameworks for projects, conclusion of alliances and partnerships, can be decided and implemented through the governance token.

In addition to the limited number of NCL governance tokens, the project is also issuing payment currency, LGN, which has a wide range of purposes and unlimited supply.

This currency enables innovative investment with NFTs; The NCL project will use the payment currency LGNs for real estate investment by NFTs linked to Cambodian real estate. Information and rights to a villa planned to be built in Koh Rong is converted into NFTs, which can be purchased by LGN. NFT owners can not only earn investment income, but use the villa for themselves.

Operating company information

NLC project is operated by NC Material Co,. Ltd, a leading Asian trading company specializing in the supply of stevedoring machinery, spare parts and seaport equipment. NC Material is currently constructing a hotel and approximately 30 villas in Sihanoukville (also known as Kompong Som) on Koh Rong, Cambodia.

NIPPON Lagoon Coin (NLC) project information
Officialwebsite: https://nlcproject.io/index_en.html
Twitter: https://twitter.com/NLC_Project
Telegram: https://t.me/+sJPBCiCPtAdmMTA1

Hashtag: #NIPPONLagoonCoin

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

Social Enterprise Summit 2022 Gathers Leaders from Civil, Business, Government and Academic Sectors to”Bounce Forward Together”

HONG KONG SAR – Media OutReach – 24 November 2022 – The 15th Social Enterprise Summit (SES 2022) International Symposium kicks off today at Hong Kong Convention and Exhibition Centre. Held in a hybrid format under the theme “Bounce Forward Together”, the SES 2022 invites more than 70 speakers from various countries and regions, including famous social entrepreneurs, leaders from the business, non-profit organisations, government bodies as well as academic sectors, to explore different dimensions in rebuilding the society in the post-pandemic era, and to promote collaboration between different sectors in order to build a restorable and renewable society and economy.

Photo-1-6-.jpg

(From left to right) Mr Francis Ngai, Deputy Chair of Organising Committee, SES, Mrs Cheung Chiu Hoi Yue, JP, Director of Home Affairs, Home Affairs Department, Mr Alan Cheung, MH, Chair of Hong Kong Social Entrepreneurship Forum, Mr KK Chan, GBS, IDSM, JP, Chief Secretary for Administration, HKSAR Government, Mrs Rebecca Choy Yung, Chair of Organising Committee, SES, Mr Leung Wang Ching, BBS, JP, Under Secretary for Home and Youth Affairs and Ms Ada Wong, JP, Deputy Chair of Organising Committee, SES attend SES 2022 Kick-off Ceremony.

Mrs Rebecca CHOY YUNG, Chair of Social Enterprise Summit Organising Committee, said: “Since its inception, SES has made a significant impact in driving social innovation. I am very proud to see how SES grew from a local conference to a prominent movement and platform over the last 15 years. It has fostered cross-sectoral collaborations with over 100 organisations in Hong Kong and beyond. It has also engaged over 1,200 thought leaders from different sectors as speakers and developed a community of 70,000 participants around the world. We have also identified how important social innovation is in rebuilding our world after COVID-19.”

Photo-2-5-.jpg

Cliff PRIOR, Chief Executive Officer, Global Steering Group for Impact Investment (GSG), UK was the Keynote Speaker of topic “Journey of Impact 3.0″and Ar Donald CHOI Wun Hing, JP, Executive Director and Group CEO, Chinachem Group, HK, and Belinda HSIEH, Executive Director, Head of Treasures Investment Product & Advisory, Consumer Banking Group & Wealth Management, DBS Bank (Hong Kong) Limited were the respondents of his speech.

The Grand Opening was followed by Keynote Speaker Ms Peggy LIU, Chairperson, Joint US-China Collaboration on Clean Energy (JUCCCE), shared her dedicated journey to accelerate the greening of China and the Asian region for a liveable world; while respondents, Ms Vanessa CHEUNG, Group Managing Director of Nan Fung Development Ltd., and Mr Raymond MAK, Co-founder, and CEO of Farmacy Hong Kong, shared their insights on the role of enterprises in promoting sustainable transformation. Another Keynote Speaker, Mr Cliff PRIOR, Chief Executive Officer, Global Steering Group for Impact Investment (GSG), UK, expounded the impact journey of bringing together private and public sectors to shift economies towards positive outcomes for people and the planet. Ms Belinda HSIEH, Executive Director, Head of Treasures Investment Product & Advisory, Consumer Banking Group & Wealth Management, DBS Bank (Hong Kong) Limited, and Ar Donald CHOI, Executive Director and Group CEO, Chinachem Group, HK, responded on how corporations have played a key role in accelerating socio-economic impact.

Hashtag: #SocialEnterpriseSummit

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

Have a MOOMIN Christmas! 7-Eleven and the Moomins Launch 8 Go Green Bags Made With Sustainable Materials and Compliant with EU SVHC Standards to Help Protect the Planet

HONG KONG SAR – Media OutReach – 24 November 2022 – Christmas will be here before we know it so it’s time to start thinking about gifts for friends and family to put a smile on their faces at everyone’s favourite time of the year! So that’s why 7-Eleven has teamed up with the Moomin – the iconic magical characters from Finland – to create a series of eight bags full of festive spirit for its final collectible programme of the year. For the first time ever, the bags are made with greener and more sustainable materials. The eight Go Green Bags feature eight popular Moomin characters including Moomin, Snorkmaiden, Little My, Snufkin, Moominpapa, Moominmamma, the Hattifatteners and Stinky. They not only come in different sizes and styles but also a stunning spectrum of colours incorporating forest-inspired patterns – they’re the perfect Christmas accessory or gift idea for loved ones! Whether for work, school, days out or outdoor activities, there’s a bag in the collection for everyone! Mix and match them to your outfit or occasion!

For the first time, this stylish collection is made with sustainable materials and compliant with EU SVHC standards

7-Eleven is committed to helping protect the planet and for the first time, this collection has been successfully certified by two internationally recognised standards to verify its green credentials – the Global Recycle Standard and Intertek’s Green Leaf Mark (GLF-07-APAC-22-1557). Each bag is made with recycled materials and manufactured in a greener and more sustainable way resulting in lower carbon emissions and less pollution. The Go Green Bags are not only high quality but also versatile and practical making them the perfect presents for friends (or a treat for yourself!) this Christmas. This series of bags will drop at 7-Eleven on 23 November at 7am so spread some festive cheer and redeem the complete collection!

Limited-Edition Go Green Bag Product Details

1. Moomin
Add a pop of colour to your day with this bright yellow bag featuring Moomin picking wildflowers. This large yet lightweight shopping tote can be worn over the shoulder so is ideal for carrying your daily shopping. Perfectly portable, it can also be folded and rolled up for quick and easy storage.

Size: Approx. 45cm (width) x 38cm (height)

2. Little My
This sturdy and durable Scandinavian style tote is made with recycled materials and decorated with an eye-catching floral pattern and Little My. Its long strap means it can be conveniently worn over the shoulder. It’s big enough to carry notebooks, laptops, A4 folders and more, so ideal for work or school.

Size: Approx. 32cm (width) x 38cm (height)

3. The Moomin Family
This cute yet practical lunch bag features Moomin, Snorkmaiden, Moominpapa and Moominmamma. The bag’s wide mouth design with dual zipper closure makes it easy to store and take out your lunchbox. With its wide rectangular base, it can hold two regular-sized lunchboxes so perfect for office workers and students alike!

Size: Approx. 23cm (width) x 15cm (height)

4. Snufkin
The simple design of this practical crossbody pouch featuring Snufkin in classic forest green makes it suitable for everyone! With its climbing rope shoulder strap, it can hold A5 sized items so is great for keeping your passport and wallet safe when travelling or on days out.

Size: Approx. 22.5cm (width) x 17cm (height)

5. Moominvalley
This bright orange multi-purpose zipper pouch is made with recycled materials and features the Moomins and Hattifatteners enjoying drinks and treats at a party! Approximately A5 sized, it’s big enough to carry a mini tablet or be used as a make-up bag to organise all your essentials!

Size: Approx. 22cm (width) x 16cm (height)

6. Hattifatteners
This stylish black and white crossbody pouch with dual compartments is decorated with the magical Hattifatteners in a fashionable monochromatic design. The front flap has two snap buttons and doubles as a convenient pocket to store small items such as receipts, tissues, hand sanitiser, lipstick or your Octopus card. You can use the main compartment to carry your phone and purse. This pouch might be compact but it’s spacious!

Size: Approx. 10cm (width) x 18cm (height)

7. Stinky
The loveable rogue Stinky is one of the rarer Moomin characters!

His stylish grey and black waist pouch can be worn and carried in three different ways – around the waist, across the body or over the shoulder. Simply adjust the strap as you like. It’s very versatile and a great bag for hiking, travelling or exercise. With its dual compartment design, use it to carry your water bottle, anorak and wallet! Perfect for days out!

Size: Approx. 31cm (width) x 16cm (height)

8. Moomin in Nature
This bright blue Scandi style bag brings together the main Moomin characters – Moomin, Little My and Snufkin. It has a long shoulder strap and a handle so you can wear it cross-body or carry it with your hand as you wish! Made from a thicker more durable material, it’s spacious and strong enough to fit a 14-inch laptop so is super practical!

Size: Approx. 30cm (width) x 35cm (height)

PRODUCT INFORMATION:

  • We are not responsible for any damage to this product caused from misusage.
  • This is not a toy. Not suitable for children under 4 years old.
  • This product contains cord which presents a potential strangulation hazard. Adult supervision required.
  • Do not place near heat sources such as gas stove, ovens and heaters to avoid fire or damage.
  • Do not use dryer or hot air blower to avoid damage.
  • Wipe clean only. Only use water with mild soap. Remove the soap residue by using damp cloth.
  • Ensure it has been completely dried before storage. Keep in cool and dry place.
  • The slight color variance on decoration is an acceptable phenomenon.


Limited-Edition Go Green Bag Redemption Details:

From 23 November 2022 (7am) to 3 January 2023, customers will receive one stamp upon a $20* purchase and one more stamp for every additional $10 purchase at a 7-Eleven store*. From 23 November 2022 (7am) to 6 January 2023 (6 weeks and 3 days in total), customers can redeem 2 Go Green Bags randomly with 12 stamps plus $78 or 1 Go Green Bag randomly with 8 stamps plus $45.

From 23 November 2022 (7am) to 3 January 2023, yuu Members can redeem 1 Go Green Bag randomly with 8,800 yuu Points plus $8. Item redemption period in store: 23 November 2022 (7am) to 6 January 2023 (6 weeks and 3 days in total).

# Excluding the purchase of 7-Eleven pre-order items, yuu Member pre-order/reserve items, cigarettes, milk powder, online game cards, collectible programme redemption items, mobile prepaid sim/mobile sim cards/value-added coupons, Octopus cards/products, Macau Pass cards/products, gift cards, prepaid cards, admission tickets/tickets/stamps, and plastic shopping bag charges. Also excluding payment for the following services including but not limited to: Octopus last 10 transactions printout, prepayment, Pin-On-Receipt, bill payment, donation, top up (including but not limited to Octopus, Alipay, WeChat, Tap & Go, TNG, Macau Pass, May and other e-wallets), fax & photocopying, mobile phone charging services, parcel pick-up and return, locker services, parking fee payment, Inspiration Lake activities, self-service laundry etc.

* Transactions at Inspiration Lake Recreation Centre, Team Disney, Hong Kong Disney Resort stores and Hong Kong Disney Resort Food Kiosk are excluded.

Hashtag: #7ElevenHK #7ElevenMacau #Moomin #GoGreenBags

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

About the Global Recycling Standard (GRS)

The GRS is an international, voluntary, full product standard that sets requirements for third-party certification of recycled content, chain of custody, social and environmental practices and chemical restrictions. For a product to qualify for this certificate it must contain at least 20% recycled materials with each stage of production required to be certified. Chemicals that potentially could harm are banned from GRS products.

About Intertek’s Green Leaf Mark

Intertek’s Green Leaf Mark verifies that products have been manufactured in a sustainable and environmentally friendly way. All products certified by this certification have passed the EU Substances of Very High Concern (SVHC) test to ensure that they do not contain substances that pose serious risks to human health or the environment, including carcinogens, mutagens or other harmful chemicals.

Backlash Emerges Following Kratom Tea Case in Houaphanh

Photo credit: health.kapook.com

Last week’s arrest of two young people in Houaphanh Province for selling kratom tea gained the attention of social media users, who called for legalization of the drug.

Malaysia’s King Appoints Anwar Ibrahim as Prime Minister

Anwar Ibrahim
Anwar Ibrahim (Photo: Star Malaysia)

Malaysia’s King has named reformist leader Anwar Ibrahim as prime minister, ending uncertainty in the country after recent elections caused a hung parliament.