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Industronics’ Executive Director Datuk Chu acquires around 10% of HK-based renowned stocking firm

  • Datuk Chu acquires around 10% stake in Bluemount in his personal capacity
  • The investment plan coincides with Industronics’ interest in acquiring 10% stake in Bluemount, which was announced last year
  • Another investment holding company, Cyberport Tesla Technology has also acquired a 26.08% interest in Bluemount with the condition that the company must submit an application for listing on the London Stock Exchange’s Main Market by the end of this year.
  • Bluemount is targeting the 1.5 billion population in Mainland China and will expand its presence into Europe to tap into the 3.0 billion population
  • Datuk Chu will lead Bluemount in the Southeast Asia market to expand its business offerings to include asset management, fund management, IPO and others.

KUALA LUMPUR, MALAYSIA – Media OutReach – 21 October 2022 – Bursa Malaysia Main Market listed company Industronics Berhad (“Industronics” or “Group”)’s Executive Director, Datuk Chu Boon Tiong, has acquired around 10% stake in Hong Kong-based renowned stockbroking, asset management and credit firm, Bluemount Financial Group Limited (“Bluemount” or “company”), in his personal capacity.

The investment coincides with Industronics’ interest in acquiring 10% stake in Bluemount, which was announced last year. The acquisition was delayed due to the rights issues for the acquisition. Shareholders have approved the acquisition of up to 10% share in Bluemount.

Another investment holding company, Tesla Technology Holdings Limited (“Tesla Technology”), has acquired a 26.08% stake in Bluemount. The acquisition comes with the condition that the company submit the application for listing on the London Stock Exchange’s Main Market by the end of this year.

Tesla Technology is registered at Cyberport, an innovative digital community in Hong Kong with over 1,800 start-ups and technology companies. It is established as the hub for digital technology, focused on facilitating the growth of major technology trends, including fintech.

Industronics Berhad Executive Director Datuk Chu Boon Tiong, said, “This is an enormous opportunity to invest in a lucrative financial services company such as Bluemount. Together with Cyberpot Tesla, I am excited that the company will push forward to be a global player in the industry with the funds raised from its potential listing on the London Stock Exchange’s Main Market by the end of this year.”

Bluemount is eyeing the 1.5 billion population in Mainland China and will expand into the Europe market to tap into the potential of its 3.0 billion population. This is part of Bluemounts’ initiative to expand to become a global company as it taps into the opportunity outside of Asia.

Aside from that, there will also be some structural changes within the management of Bluemount as Datuk Chu will join as one of the Board of Directors to spearhead the company’s expansion in Southeast Asia (“SEA”). Expansion in the SEA region will focus on offering services such as asset management, fund management, initial public listing (“IPO”) and others.

“Expansion into Europe provides an opportunity for Bluemount to tap into the developed markets and offer cross-border opportunities for its clients globally. The listing submission to the London Stock Exchange’s Main Market by the end of this year will provide Bluemount with the opportunity to invest in its growth strategies,” Datuk Chu said.

Bluemount is a renowned stockbroking, asset management and credit firm based in Hong Kong that is valued at HKD250 million. It is well funded with abundant capital, familiar with the operation of markets and has rigorous internal control systems, which have led to a profit of HKD10 million and HKD20 million in 2020 and 2021, respectively, despite the COVID-19 pandemic disruption.

Bluemount’s wholly-owned securities brokerage arm, Bluemount Securities Ltd (“BSL”) is an exchange participant of the Stock Exchange of Hong Kong Ltd and licensed by the Securities and Futures Commission of Hong Kong (“SFC”) to carry out Type 1 (Dealing in Securities) and Type 4 (Advising on Securities) regulated activities.

Meanwhile, Bluemount’s wholly-owned asset management subsidiary, Bluemount Asset Management Ltd (“BAML”) is licensed by SFC to carry out Type 9 (Asset Management) regulated activity. BAML provides portfolio and investment management services to professional investors.

Hashtag: #Industronics

About Industronics Berhad

Industronics Berhad is an established electronics company well known in Malaysia and internationally and the Group is engaged in the design, manufacturing and installation of electronics and microprocessor-controlled products, telecommunication system, audio video multimedia systems, intelligent transportation systems and information communication technology related system.

Industronics has three subsidiaries and associated companies which are Industronics AV/ITS/Communications Division, which specialises in the provision and system intergration of various systems including Audio Visual Systems, Intelligent Transport Systems (ITS), Conferencing Systems, Projectors and other Multimedia products, the Division also supplies and installs various digital communication equipment;

Industronics Manufacturing Sdn Bhd, which provides full facilities and manpower to Electronic Manufacturing Services (EMS) covering design services, sub assembly services, final assembly services, testing services and packaging and delivery services;

and Ademco (M) Sdn Bhd, which provides products and system solutions for professionally designed security alarm and fire protection systems for industrial, commercial, government and residential complexes.

Thai Smile to Resume Flights from Bangkok to Luang Prabang

Luang Prabang New York Times Travel List

Thai Smile Airways will restart direct daily flights between Bangkok and Luang Prabang at the end of this month.

Laos Invites Neighboring Countries to the Trade Fair at That Luang Festival

People performing a Vien Tiane at That Luang by circling the stupa three times.

Vientiane authorities have invited businesses from China, Thailand, and Vietnam to participate in the trade fair, taking place between 4-8 November during the That Luang festival.

IB Super Introduces Brand New Virtual Tools To Boost Online Learning

SINGAPORE – Media OutReach – 21 October 2022 – IB Super is an established IB tuition centre that has launched new virtual tools to be incorporated into its syllabus. After investing months of research into students’ needs, learning objectives and user interface experience, they developed a Questionbank platform with interactive video quizzes for its learning management profile. The aim is to enhance learners’ online learning experience, making it easier for them to access IB Super’s proprietary educational materials and make online learning more productive.

With the advent of the COVID-19 pandemic, the world shifted online to accommodate various restrictions, and education was no exception. Keeping this in mind, IB Super adapted and changed with the times, adopting brand-new EdTech tools to facilitate virtual learning. One such tool was IB Super’s Questionbank platform, which consists of a large and growing curation of customised content tailored to International Baccalaureate and Integrated Programmes students. Using this platform, students can recall complicated concepts and content relevant to their upcoming examinations. In the past, many students tended to refrain from using questionbanks as keying in their Maths answers online can be difficult and repetitive. IB Super fully understands this pain point and designed a system where students can upload answers written using either electronic or traditional pens. The Questionbank is accessible 24 hours a day, catering to IB Super’s overseas students such as those in China or Europe and Singaporean students temporarily overseas. Students’ past work is stored, allowing them to go back and review past mistakes. Parents are also able to track their children’s performances over time on the platform.

The second Ed-Tech tool IB Super has adopted is interactive online video quizzes. Unlike regular learning videos, students using this tool are able to have a more interactive experience with the videos. For instance, they can pause in the middle of a video to pose and answer questions – which reinforces learning and keeps the learning journey fun and interesting.

With the abundance of Questionbanks available online, IB Super sets itself apart by having thoroughly tested more than 15 platforms from all over the globe, including places like the US, India, and Europe. Plentiful resources were allotted to looking for the optimal platform for Singaporean IB and IP students. An earlier platform adopted, although boasting extensive features, suffered from maintenance and continuity issues. Taking into account user feedback, the current Questionbank is much more accessible, convenient and less intimidating. This is in keeping with IB Super’s belief that great content must be delivered in a fun and meaningful manner, so that learning can be productive.

Even with these new innovations, IB Super is not resting on its laurels. The tuition centre is now looking to expand its virtual learning toolkit with artificial intelligence enabled marking. The aims are to allow students to get feedback more quickly, and for tutors to have more time to teach or go over the questions with their students.IB Super firmly believes in helping its students reach their fullest potential. This is achieved through having a comprehensive syllabus and dedicated teachers that guide their students closely. Now, in addition to a broad range of tuition programmes which include H2 Math tuition, IP Math tuition, IB Economics tuition, and IB Math tuition, IB Super is broadening its horizons with online tutoring and virtual tools like its Questionbank platform and interactive video quizzes – making learning more interesting and enjoyable.

For more information on IB Super and its services, visit: https://www.ibsuper.com.sg/.

Hashtag: #IBSuper

Advanced Breast Cancer Care Treatments with Malaysia Healthcare

Breast cancer diagnoses and clinical care are being improved, thanks to ongoing research into novel cancer treatments and therapies.

KUALA LUMPUR, MALAYSIA – Media OutReach – 21 October 2022 – Globally, breast cancer is the second most common type of non-melanoma cancer, after lung cancer, and the fifth most common cause of cancer death. In Malaysia, it is also the most common cancer nationwide. In conjunction with the theme of this year’s Breast Cancer Awareness Month, Living Beyond Breast Cancer, Malaysia is set to reinforce its prowess as a Cancer Care Centre of Excellence in the region.

Since its first cancer treatment centre opened its doors in 1981, Malaysia has achieved international recognition for its quality of care. Recently, the country was proclaimed second in the care and delivery of cancer treatment in the Asia Pacific and the third-most prepared country overall by the Economist Intelligence Unit.

Time is of essence when it comes to cancer treatments. This is an especially important consideration for healthcare travellers. The good news is that the healthcare establishments in Malaysia are committed to providing seamless and efficient oncology care.

“Our Breast Care Centre, which is a one-stop centre for screening, diagnosis and treatment, is able to provide the diagnosis within 48 hours. In fact, here, you can get everything you need under one roof – from imaging and mammograms to treatments – in a very short span of time,” said Dr. Patricia Alison Gomez, a Consultant Breast Surgeon at Pantai Hospital Kuala Lumpur, before citing intraoperative radiation therapy (IORT) as a relatively recent development that can shorten the treatment time significantly.

This will be more convenient for the cancer patients, as instead of having to wait for a month or possibly longer, they can complete their treatment in just 10 to 14 days.

According to Dr. Teoh Mei Shi, a Breast, Endocrine and General Surgeon at Loh Guan Lye Specialists Centre, “IORT is a revolutionary radiotherapy system that is used for the treatment of early-stage breast cancer for select cases. As the name suggests, this is actually a radiation therapy that is administered simultaneously during the tumour removal surgery. The benefit of IORT is that just a single therapy dose is needed, whereas the conventional external beam radiotherapy method requires three to five weeks.”

An integral part in ensuring seamless oncology care is the synergy of a multidisciplinary team that prioritises the wellbeing of the patient.

“At Subang Jaya Medical Centre, we have a team of specialists, ranging from breast surgeons and oncologists to radiologists and pathologists, lined up, in addition to treatment modalities and investigative tools to treat breast cancer at every stage. We even have specialised breast care nurses to help patients understand their treatment, recovery and rehabilitation phases. Tumour board meetings are held regularly to discuss cases and reach a collective decision on patient management,” shared Dr. Daphne Anthonysamy, the Consultant Breast and Endocrine Surgeon there.

With advancements in oncology treatments, the side-effects have been significantly reduced. “Take chemotherapy, for example. Today, we can offer a wide range of treatments to limit side effects. In fact, most patients experience minimal nausea or vomiting nowadays. Beyond that, there are also scalp cooling treatments to prevent hair fall and certain cold treatments that can protect nerves from chemotherapy damage. Therefore, most patients are able to complete chemotherapy and go back to living a full life,” explained Dr. Kiley Loh, a Consultant Medical Oncologist at Penang Adventist Hospital.

With a vast range of oncology services that include ground-breaking imaging and cancer detection technologies on offer, Malaysia Healthcare is moving forward steadily as the Cancer Care Centre of Excellence. This is further reinforced by the country’s excellent healthcare system, which makes it easier for healthcare travellers to obtain comprehensive cancer care promptly in a safe and trusted destination.

For more information on Malaysia Healthcare and its services, please visit https://malaysiahealthcare.org/ or visit our social feeds at: www.facebook.com/MHTCMalaysia or at LinkedIn (Malaysia Healthcare Travel Council).

Hashtag: #MalaysiaHealthcare #BreastCancerCare

ABOUT THE MALAYSIA HEALTHCARE TRAVEL COUNCIL

The Malaysia Healthcare Travel Council (MHTC) is a government agency under the Ministry of Health Malaysia that has been entrusted with the responsibility of curating the country’s healthcare travel scene. Founded in 2009, MHTC works to streamline industry players and service providers in facilitating and growing Malaysia’s healthcare travel industry under the brand “Malaysia Healthcare” with the intended goal of making Malaysia the leading global healthcare destination. MHTC works closely with over 80 private healthcare facilities in Malaysia, who are registered members of MHTC.

Laos Announces Criteria for Honorary Citizenship to Foreign Nationals

Hundreds of foreigners stranded in Laos

The government of Laos has issued the eligibility requirements for honorary citizenship and special privileges to foreign nationals.

Guiding Crypto Investors through education, “CryptoPARD” HQ settles in Mong Kok, HK

HONG KONG SAR – Media OutReach – 21 October 2022 – The first “CryptoPARD” cryptocurrency academy will soon be launched in Mong Kok, Hong Kong.

The “CryptoPARD” teamed up with experienced members in financial market, the founder, Solomon Chan , has been a proficient financial analyst for years. Together with his team, Soloman spent days and nights to develope variety of courses for with accurate information, practicable tools, engaging elements at the same time keep them easy to understand.

In early years, the founder started his research by entering the cryptocurrency market and studying the operation of the market trend in depth. He gradually gained a comprehensive understanding of the components of the entire new financial ecosystem, and became an advocate of decentralized finance (DeFi). Over the years, except for cryptocurrencies investments, Solomon also encouraged investors to make use of their savings and to diversify investing portfolios for building wealth. His success in the market developed him a sense of responsibility to help the public building up set of tools and insights while exploring the endless opportunities of cryptocurrency. Later, backed up with a team of comrades, he founded “CryptoPARD”.

With years of wealth management background, Solomon understands that continuously learning is the key to identify valuable products and capture market dynamics in the new generation of blockchain market research.

Information overload has long been problem of the new market and the wealth management trainer applied his experience and recorded repeated benefit from the market. Earlier this year, he founded out many investors has rushed into market and dropping their money in worthless shitcoins and crypto products without many market research and studies. Moreover, Hong Kong investors lack first-hand information on crypto market trend and analytic tools.

Solomon has since shared insights on Instagram and Youtube from time to time. He received more and more positive responses from time to time. Saving others from falling into obvious pitfalls sometimes returned with much more appreciation and satisfaction than helping others winning big money.

After a deep reflection, the team believes “education” is needed the most for Hong Kong investors. As the growth of novice crowd accumulate progressively in social media platform, they soon decided to settle in Mong Kok, the most populous and crowded area in Hong Kong . He conducts courses and classes at different levels to help novices transforming to competent and flexible investors. He believes that through this platform, individuals could regain their control over their wealth, and the harmonious cryptocurrency communities would follow.

CryptoPARD official website: https://cryptopard.com/
Linktree: https://linktr.ee/cryptopard_hk
Instagram: https://www.instagram.com/cryptopard_hk/
Youtube: https://www.youtube.com/channel/UCpluAo8a4etzyDmS2UojPPg
Facebook: https://www.facebook.com/cryptopardhk

Hashtag: #CryptoPARD

A New Exhibition Shines Light on the Talent of Lao Artists

Visitors check out the art on display at the festival.

The XYZ Contemporary Arts Exhibition was organized to showcase the work of talented Lao artists working across mediums like photography, painting, installation art, and textiles.