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Amazon Singapore delivers smiles to children, ramping up support for the local community

In December, Amazon Singapore donated S$100,000 in cash to four local non-profits, supporting children in need

Amazon Singapore built a Christmas tree from its iconic delivery boxes to showcase the volume and impact of donations from Singaporeans via the Amazon x Shop for Good wishlist initiative

SINGAPORE – Media OutReach – 19 December 2022 – Bringing cheer to the local community this holiday season, Amazon Singapore (NASDAQ: AMZN) has been ramping up its support for underprivileged children in Singapore – making one of its biggest donations to date.

This December, Amazon Singapore has donated a total of S$100,000 to non-profit organisations (NPOs) including Arc Children’s Centre, Beyond Social Services, SHINE Children and Youth Services, and Singapore Children’s Society – as part of growing the impact of the Amazon x Shop for Good wishlist initiative in Singapore. The donations aim to help over 31,000 children in Singapore, aged between three and 21 years, to give them opportunities for better and more enrichment activities, meals and medical care, among other needs. Additionally, for the holiday festivities and season of giving, Amazon Singapore is showcasing the impact that donations from the public can have on beneficiaries by building a Christmas tree from Amazon boxes. This tree will be on exhibition at the Suntec Outdoor Area near to the Esplanade MRT exit till 26 December 2022.

Amazon Singapore’s increased support for the wishlist initiative – an ongoing campaign that allows NPOs to share directly and in real-time what they need – comes alongside a recent survey with YouGov that found that transparency is key in online donations. 46% of Singaporeans surveyed said that the biggest barrier to donating online is the uncertainty of whether their donation will reach the beneficiaries. More than half (54%) said they would be interested to donate to NPOs through an online wishlist based on what they need.

“We are proud to have grown the wishlist initiative in Singapore since 2020 so local NPOs can directly share with donors what and how much they need, as well as who they help,” said Leo Laforgia, Country Manager, Amazon Singapore. “We also want to increase transparency and the ease with which online donations are made so that Singaporeans can continue to give to their preferred causes – just as conveniently as they shop on Amazon.sg and regardless of their budget. I am humbled to see the generosity of Singaporeans so far who continue to give and help underprivileged children and families live better. At Amazon, we will continue to make giving a part of everyday experiences, taking care of deliveries and safe payments, and offering a wide selection at great prices for NPOs and donors to choose from.”

Between January and December 2022, 16 participating NPOs collectively received more than 1,150 items worth over S$18,700 in value, helping over 1,900 Singaporeans in need. These NPOs include Arc Children’s Centre, Beyond Social Services, Blessings in a Bag, Children’s Wishing Well, Club Rainbow (Singapore), Engineering Good, Fei Yue, Glyph Community, New Hope Community Services, Singapore Red Cross, SHINE Children and Youth Services, Singapore Children’s Society, The Singapore Association for the Deaf (SADeaf), SOSD, The Food Bank Singapore, and Willing Hearts.

Amazon Singapore’s latest efforts underpin its commitment to increasing opportunities and support available to vulnerable youths and children in Singapore.

Delivering Smiles to underprivileged children and youths in Singapore

Started locally in 2020 during the pandemic, Amazon’s wishlist initiative aims to inculcate giving back to the local community as a routine for people in Singapore. While shopping on Amazon.sg for holiday gifts or daily necessities, people can view the items requested by NPOs on their respective wishlists, click to purchase them per their budget, and directly support the causes they are most passionate about.

Each NPO’s wishlist comprises a depository of items that their beneficiaries currently need most, and their quantity, to inform customers on Amazon.sg what to give. Items purchased for donation will be delivered directly to the NPOs’ preferred address, at no cost to the charities. This ensures NPOs get the help they need, while customers continue to enjoy the same convenient shopping experience and great prices they have come to expect from Amazon.sg to donate transparently and easily.

“This December is yet another fun-filled season for the children at Arc and their siblings, with activities ranging from Christmas crafts, ginger bread baking and play! We are grateful for your support via our Amazon.sg wishlist, giving the children the opportunity to spread Christmas joy by making decorative crafts and ornaments for the home of the elderly as well as donors and corporates who have supported Arc through the years,” said Geralding Wong, Assistant Centre Head, Arc Children’s Centre.

“The Amazon.sg wishlist items of milk and diapers are most handy as a source of comfort for families living on a tight budget. Redistribution of goodwill from the wider Singapore community is an important aspect of our work that the donation from Amazon will facilitate. The funds will help us enable and sustain a network of resident volunteers who ensure that food and other household essential reach their neighbors who need them most,” said Gerald Ee, Executive Director, Beyond Social Services.

Customers can join Amazon in its season of giving by shopping for an NPO’s wishlist via amazon.sg/shopforgood.

Appendix: List of non-profit organizations that Amazon has donated S$100,000 (in total) to:

Arc Children’s Centre

Arc Children’s Centre is an independent charity day centre that supports children with cancer and other life-threatening conditions and their siblings between the ages of 3-18 years. Founded in 2011, the centre’s vision is to provide a sanctuary for the children’s continuing education, development, and bonding.

Beyond Social Services

Beyond Social Services is a Community Development Agency that adopts an asset-based community development approach and aims to provide support and resources that enable families and communities to care for themselves and each other. Beyond believes that every member has strengths and with some support, will be able to overcome their problems and take ownership of their lives. By being in the service of people’s efforts, Beyond, with the support of the wider community, aims to nurture change agents, strengthen community competence to address challenges and facilitate empowered communities that encourages initiative, self-created solutions, mutual help and solidarity, where people live powerful, satisfying and hopeful lives.

SHINE Children and Youth Services

SHINE Children and Youth Services is a registered charity and a member of the National Council of Social Service. It has been empowering children, youth, and their families in Singapore since 1976 and remain committed to enabling them to maximize their potential. SHINE serves around 5,000 students, aged 5-21 years old, each year.

Singapore Children’s Society

Singapore Children’s Society protects and nurtures children and youth of all races and religions. Established in 1952, its services have evolved to meet the changing needs of children. Today, Singapore Children’s Society operates more than 10 service centres islandwide, offering services in the four categories of: Vulnerable Children and Youth, Children and Youth Services, Family Services, and Research and Advocacy. In 2021, the Society reached out to 19,973 children, youth and families in need.

Hashtag: #AmazonSingapore

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

About Amazon x Shop for Good Wishlist campaign

The Amazon x Shop for Good Wishlist campaign is a joint effort by Amazon Singapore and the National Volunteer & Philanthropy Centre (NVPC) to encourage shoppers to donate to non-profit organisations (NPOs) by purchasing items listed on their wishlists. Visit: .

About Amazon in the Community

Amazon is committed to helping more children and young adults, especially those from underrepresented and underserved communities, have the resources and skills they need to build their best future. Amazon focuses on building long-term, innovative, and high impact programs that leverage Amazon’s unique assets and culture.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit Amazon.sg.

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Toyota Asia’s Multiple Pathways towards Carbon Neutrality

BANGKOK, THAILAND – Media OutReach – 19 December 2022 – Mr. Akio Toyoda, President & CEO of Toyota Motor Corporation (“Toyota”), and founder and team owner of ROOKIE Racing, participated under the driver name “Morizo” in the 25-hour endurance race in Thailand over December 17th and 18th in Toyota’s hydrogen-powered Corolla. This was the first time that this technology has been used in a race outside Japan. This was also an opportunity for Toyota to demonstrate its multiple pathway approach to accelerate actions towards Carbon Neutrality, by displaying and demonstrating various clean technologies, including Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Battery Electric Vehicles (BEV) and Fuel Cell Electric Vehicles (FCEV) that offer diverse environmentally friendly choices to customers across Asian markets. Mr. Hao Quoc Tien, CEO of Asia Region, and other senior executives from Toyota, joined Mr. Toyoda over the 2 day program.

Developing and showcasing the Hydrogen powered internal combustion engine vehicle (HiCEV) marks another step in Toyota’s technological efforts towards achieving global commitment of Carbon Neutrality by 2050.

Toyota believes that ‘carbon is the enemy’, and hence Toyota believes in a Multiple Pathway approach by offering customers the choice of various vehicle powertrain technologies, including HEV, PHEV, BEV, FCEV, HiCEV, or even bio-fuel vehicles. This allows every customer to select cleaner and greener mobility options that are suitable for their economic circumstances, energy source, charging infrastructure readiness, industrial policies and usage needs. This multiple pathways approach allows decarbonization to start immediately, without waiting for the maturity of all the enablers such as infrastructure and affordability, and hence can gain scale through accessibility. This is in line with Toyota’s “Mobility for All” objective, and allows everyone to participate in the decarbonization journey. Toyota believes that the impact of clean technology can be felt only with its wide adoption across global markets. Beyond new vehicles, Toyota also believes in appropriate life-cycle action to truly decarbonize mobility and its ecosystem, and earnestly tackle climate change from cradle to grave.

Toyota has carefully considered the best way to move to mass and accessible electrification in each market, through a ‘3 Lens’ approach that allow the company to best understand the enablers to accelerate carbon neutrality and electrification. These are 1) Emission Reduction, through well to wheel and lifecycle actions, 2) Economic Impact, including for the customer, government and industry, and most importantly 3) Customer Acceptance.

Specifically, for Emission Reduction, the consideration is to evaluate the total emissions, including tailpipe (tank-to-wheel) power generation (well-to-tank; e.g. fuel, electricity, etc.) and life cycle emission (from manufacturing and life-time usage).

Hashtag: #ToyotaMotorAsiaPacific

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

Stunning Waterfall in Khammouane to Open for Public in 2023

(Photo: Jé Rob)

Khammouane will open the Tad Sieng Lue waterfall in the Bualapa district for the public to attract more tourists next year. This would be done after access and service facilities have been constructed in the surrounding area.

PureDew Officially Launches Their e-Store On Lazada And Shopee

SINGAPORE – Media OutReach – 19 December 2022 – PureDew is proud to announce that it has launched its e-Store on two of the most popular e-commerce shopping platforms in Singapore – Lazada and Shopee. To celebrate its official launch and the Christmas season, the company is also rolling out an exclusive promotional campaign during this period.

Among the first batch of products to launch on the new marketplace are the SnowDrop Hydrogen and SnowDrop Spoon water dispensers/purifiers. Both of these models provide industry-leading filtering systems, making purified drinking water easily accessible and available in every household. The SnowDrop Hydrogen is also able to generate hydrogen water, which is scientifically proven to reduce inflammation and body recovery time.

With the COVID-19 pandemic, there has been a major shift in customer purchasing behaviour. E-commerce shopping platforms like Lazada and Shopee have seen a significant increase in regular users in recent years. Thus, PureDew has decided to utilise these platforms to shift their focus from commercial settings to providing homeowners with a water purifier for their home. Not only would multiple payment options, discounts and vouchers be available on these platforms, but instalment plans will also be an option for buyers.

PureDew is a reputable supplier that anyone looking for a water dispenser in Singapore can count on. The company has had a strong foothold in the commercial industry for years, with its drinking water fountains being utilised in various venues such as Gardens By The Bay, Changi Airport Terminals and more. Moving forward, customers can look forward to attractive promotions, and a variety of new models with different designs and features being brought in.

With the launch of their e-Store on Lazada and Shopee, PureDew strives to continue providing their range of affordable yet high-quality water dispensers for users across the country.

For more information, please visit puredew.com.sg.

To visit PureDew’s eStore at Lazada and Shopee, please use the following links:

Lazada: www.lazada.sg/shop/pure-dew-international-pte-ltd

Shopee: shopee.sg/puredewinternational

Hashtag: #PureDew

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

The sixth storage facility of StorHub Hong Kong is now open

Enjoy up to 4 months of free storage and complimentary transportation with friendly and professional customer service for a pleasant storage experience at StorHub Self Storage.

HONG KONG SAR – Media OutReach – 19 December 2022 – Hong Kong is one of the most densely populated countries in the world and its land is being rapidly filled up by its people, resulting in a lack of both living and storage space. Property prices have also been rising even though units are getting smaller and smaller. Space has been and still is at a premium and is one of the biggest challenges that Hong Kongers have to face. An increase in living and storage space can improve the quality of life for people from all strata of society by leaps and bounds. Many people will choose to rent a self storage unit to store infrequently used sundries, home appliances, furniture or company documents and merchandise in an easily accessible storage facility. In order to mitigate the challenges faced by personal and corporate customers, StorHub Hong Kong has recently opened its sixth storage facility in San Po Kong, providing safe and reliable high-quality storage solutions to residents in the area.

StorHub San Po Kong has several community amenities that are in close proximity to the storage facility including the Choi Hung Road Playground where there are a rooftop tennis court, an observation deck, a hockey stadium and a soccer field and so on. Other recreational facilities nearby include the Mikiki shopping mall, Kai Tak East Sports Centre and the Just Climb rock climbing gymnasium.

Fully owned property and in compliance with the Hong Kong Fire Services Department (FSD) fire regulations

All StorHub Self Storage facilities are 100% fully owned properties that comply with the local Fire Services Department (FSD) fire regulations. The storage facilities are equipped with fire protection systems which include fire alarms, sprinkler systems, and emergency exits. The top of the storage units is one metre from the ceiling of the building in accordance with the regulations of the Fire Services Department, and sufficient windows are also installed. Safe and reliable self storage facilities allow customers to store their treasured items with peace of mind for a long period of time.

State-of-the-art security systems, 24-hour storage access all year round

StorHub Self Storage facilities are equipped with 24-hour CCTV surveillance so that customers can access the storage area via pin code security access. They can also lock up their self storage unit with a padlock of their choice to ensure the safety of their precious items. The storage units are accessible 24 hours a day throughout the year, allowing customers to drop off and retrieve their items with ease and at their convenience. Aside from the storage environment being equipped with an air-conditioning system to keep the temperatures and levels of humidity steady, the storage facilities also have a variety of storage unit sizes available, ranging from 4 square feet to 160 square feet, to meet the different storage needs of individuals, families and businesses from all walks of life.

Conveniently located storage facilities around Hong Kong

StorHub Self Storage has six facilities in Hong Kong that are in convenient locations including Tsuen Wan, Chai Wan, Sha Tin, Cheung Sha Wan, Hung Hom and San Po Kong. Being easily accessible makes the entire storage experience with StorHub a smooth sailing one for customers. StorHub Hong Kong storage facilities are easy to get to via different modes of public transport such as trains, buses and minibuses. This means that StorHub customers are able to find their way to our storage facilities with ease since the buildings are conveniently located near the train stations and bus stops. On top of that, we also provide free parking spaces to help customers save time so that they can have a convenient storage experience. This provides convenience to customers who own private cars when loading their items onto their car or when unloading items from their car, as well as when transferring their stored items between their vehicle and their storage unit.

Excellent customer service from StorHub storage specialists

StorHub is no ordinary self storage provider with well-informed and experienced storage specialists on site providing professional and friendly services to customers at the reception office from Mondays to Sundays, ensuring that the storage needs of customers are fulfilled. The reception also offers complimentary drinks and snacks, and a lounge area for customers to have a rest. Power sockets are available in the storage area for the charging of portable devices and StorHub customers can borrow ladders and trolleys that are for the exclusive use of storers. Our reception area has packaging materials stocked up that customers can purchase, including boxes of different sizes, bubble wrap, stretch film, and sealing tapes.

Limited time promotion for the Grand Opening of new storage facility

StorHub has flexible storage terms, allowing for both short-term and long-term rentals, and customers can choose from a variety of payment methods, such as cash, online transfer, user-friendly QR code scanning payment types including Alipay, WeChat Pay, FPS, credit card, and so forth which are convenient and fast. To celebrate the opening of the sixth branch, different limited-time promotions are now available at affordable prices. Please call 2809 2996 to speak to one of our friendly storage specialists who can assist you with your storage enquiries or to obtain quotations at the following website https://www.storhub.com.hk/

Hashtag: #StorHub

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

About StorHub

StorHub took the lead in introducing the concept of self storage to Singapore back in 2003, and has now become the largest operator in the country with 18 conveniently location self storage facilities all around the country. With StorHub’s many years of experience in Singapore, we continue to expand our business to Asia and have been operating in Shanghai since 2012. Today, StorHub operates 17 self storage facilities in China, including first-tier cities Beijing, Shanghai and Shenzhen. From 2019, StorHub has expanded to several major markets, including Hong Kong, Thailand, Japan, South Korea and Malaysia.

DHL Supply Chain to invest EUR 10 million (NTD 320 million) to expand warehousing in Northern Taiwan, fulfill logistics demand of Semiconductor and Life Sciences and Healthcare (LSHC) sectors

  • DHL Supply Chain plans to invest EUR 10 million in the next five years to expand facilities in Northern Taiwan
  • The opening of the latest facility in Taoyuan(Taoyuan Distribution Center- Jian Guo) in December this year increases the total warehousing space in Taoyuan to 37,000 square meters
  • Its location offers excellent connectivity to Taoyuan international airport, Taipei port, National Highway No.1 and Science Parks in Hsinchu and Taipei, for speedy delivery
  • DHL Supply Chain will continue its growth in the semiconductor sector and further diversify into the LSHC sector
  • DHL Supply Chain’s total footprint in Taiwan will increase to about 200,000 square meters by 2027


TAIPEI, TAIWAN Media OutReach – 19 December 2022 – DHL Supply Chain, the global market leader for contract logistics solutions, announced its facility expansion plans for the next five years in Northern Taiwan. The EUR 10 million (NTD 320 million) investment will grow DHL Supply Chain’s business presence and fulfill the logistics demand of the semiconductor and LSHC sectors.

PR-photo.jpg
The Taoyuan Distribution Center- Jian Guo is the newest facility to open in December 2022, increasing the total warehousing space of DHL Supply Chain to 37,000 square meters in Taoyuan.

The expansion includes the newly-inaugurated Taoyuan Distribution Center-Jian Guo, DHL Supply Chain’s second site in Taoyuan. Opening in December 2022, the 10,000-square-meter facility offers excellent connectivity to National Highway No.1(by land), Taipei port (by sea), Taoyuan International airport (by air), and Science Parks in Hsinchu and Taipei for speedy delivery. It is also a green building equipped with solar panels to reduce carbon emissions. With this new facility, the total warehousing space in Taoyuan increases to 37,000 square meters.

Edwin Wong, SVP, Service Logistics AP, Taiwan & China Rep Office, DHL Supply Chain said, “We see enormous growth potential in Taiwan despite the current economic conditions. Our expansion plans aim to fulfill the soaring demand for warehousing in Northern Taiwan, especially from the semiconductor sector. Our expanded logistics portfolio in Taiwan enables us to respond quickly to market changes and urgent demand from end customers by delivering critical parts or finished goods within 2 hours.”

In addition to strengthening the partnership with semiconductor customers, DHL Supply Chain also plans to extend and replicate its core capabilities to the LSHC sector, focusing on medical devices and pharmaceutical products. The semiconductor and LSHC sectors have stringent service requirements for properly storing and delivering high-value products. These requirements include time-critical delivery, strict facility and vehicle safety standards, full temperature and humidity control, quality management and compliance.

D.J. Shieh, Managing Director of DHL Supply Chain Taiwan said, “To support the growth of our business, we aim to expand our warehousing footprint in Northern Taiwan for the next five years. The Taoyuan Distribution Center- Jian Guo will be our 15th facility in Taiwan and is also one of the three largest distribution centers in our Northern Taiwan operation. ”

“The inauguration of this new site underlines our commitment to keep investing in state-of-the-art warehouses for our customers in Taiwan. We will provide high-quality logistics services to help our semiconductor and LSHC customers optimize the flexibility and agility of their supply chain, so that they can focus on their core business and competencies.”

DHL Supply Chain Taiwan has further expansion plans to increase its total footprint in Taiwan to 200,000 square meters by 2027.

Hashtag: #DHL

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

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 81 billion euros in 2021. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve net-zero emissions logistics by 2050.

Asian Expatriates Staying to Help in Ukraine

Basnyat has been in Ukraine since 2014 after Russia annexed Crimea in March that year.
Mr Gaurav Basnyat has been in Ukraine since 2014 after Russia annexed Crimea in March that year. PHOTO: EDWARD COWLEY

After a month of renewed Russian airstrikes which have targeted civilian infrastructure and in particular the power grid, life has become harder across Ukraine, especially with the onset of winter. But many Ukrainians and a few foreigners, including Singaporeans, have stayed behind to help, determined to get through the winter.

Prenetics Acquires ACT Genomics First M&A Deal since IPO Set to Expand Footprint in Cancer Genomics

  • Prenetics will be acquiring a majority stake in ACT Genomics Holdings Company Limited (“ACT”) for an upfront consideration consisting of 19.9 million shares of Prenetics common stock and US$20 million cash
  • Prenetics expects ACT to contribute revenues of approximately US$25-30 million in 2023
  • Position Prenetics solidly within the US$80+ billion global precision oncology market
  • Professor Tony Mok, Chairman of ACT, will join Prenetics Scientific Advisory Board, effective from January 1, 2023
  • Acquisition expected to complete on or around December 30, 2022, subject to certain closing conditions

HONG KONG SAR – Media OutReach – 16 December 2022 – Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a global leader in genomic and diagnostic testing, is acquiring a majority stake of ACT, an Asia based genomics company specializing in precision oncology with operations in Hong Kong, Taiwan, Japan, Singapore, Thailand and the UK, for an upfront consideration consisting of 19.9 million shares of Prenetics common stock and US $20 million cash (the “transaction”). That is the first M&A deal Prenetics is to make since its listing, which will expand its footprint in the cancer genomics space, bringing it closer to realizing the vision of building an end-to-end health ecosystem. With the acquisition well underway, effective from January 1, 2023, Professor Tony Mok, Chairman of ACT, will join Prenetics Scientific Advisory Board.

Boasting cutting-edge technologies in cancer genomics and bioinformatics, ACT has a multi-diagnostic technology platform and offers a comprehensive range of products in clinical services with high pan-Asia coverage. In November 2021, ACT merged with Sanomics Holdings Limited (“Sanomics”), both of which were awarded the Elite Program funding by Hong Kong Science and Technology Parks Corporation (“HKSTP”), where the strongest technical ecosystem is provided locally to its park companies to grow and thrive. HKSTP is home to over 200 health tech related start-ups and several international research clusters in healthcare.

With the continuous support from HKSTP and the government, Prenetics will have an extended reach to the healthcare technology market in the Greater Bay Area and beyond. Financially, ACT’s revenue is expected to grow at a CAGR of 60% between FY2022 and FY2026. Prenetics expects ACT to contribute revenues of approximately US$25-30 million in 2023.

When the acquisition is completed, leveraging ACT’s R&D engines which specializes in next-generation sequencing and bioinformatics in both tissue and liquid biopsy, Prenetics will have the scientific rigor to offer tests to patients throughout their cancer journey. This will also position Prenetics solidly within the US$80+ billion global precision oncology market.

Danny Yeung, Chief Executive Officer and Co-founder of Prenetics, said, “This is a significant move for Prenetics, as it is our first M&A deal since listing and is set to enlarge our footprint in the cancer genomics space. It is our goal to democratize testing and make cancer genomics accessible to all. With Professor Mok and the ACT team on board, we believe Prenetics can deliver the information needed to enable best-in-class personalized cancer care and make new heights. Lastly, we are actively n close discussions on additional M&A opportunities which we believe will be in the interest to Prenetics and our shareholders.”

Professor Tony Mok, Chairman of ACT Genomics, said, “We are very pleased to join forces with Prenetics. ACT has pioneered and made breakthroughs in cancer prevention and diagnostics since it was founded in 2014. Our flagship ACTOnco+ has provided oncologists and cancer patients with valuable biomarker information for therapy selection. I believe this transaction will give both companies enhanced financial strength and commercial and R&D capabilities to drive significant growth.”

Mr. Albert Wong, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation, said, “We are thrilled to witness this milestone, which is a clear vote of confidence in Hong Kong’s ambition to become a biomedical technology center of excellence. It was only last year when we saw the merger of two health tech pioneers from the Hong Kong Science Park, ACT Genomics and Sanomics. The acquisition by Science Park incubatee, Prenetics, is a testament to the high-quality innovation ecosystem and translational research infrastructure that have been established at the Park over the past 20 years. Backed by government support and its unique advantages, Hong Kong is open to innovators from around the world who want to come and accelerate their future success.”

Under the terms of the transaction agreement, Prenetics has agreed to issue 19.9 million shares of Prenetics’ class A ordinary shares and pay $20 million in cash. Upon closing, Prenetics will hold a majority stake in ACT. More details about the transaction can be found under link: https://prenetics.gcs-web.com/static-files/fd50a409-45b7-4827-96e0-1c207ccca5aa

Hashtag: #Prenetics

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

About Prenetics

Founded in 2014, Prenetics is a major global diagnostics and genetic testing company with the mission to bring health closer to millions of people globally and decentralize healthcare by making the three pillars — Consumer Health, Clinical Care and Medical & Cancer Genomics — comprehensive and accessible to anyone, at anytime and anywhere. Prenetics is led by visionary entrepreneur, Danny Yeung, with operations across nine locations, including United Kingdom, Hong Kong, India, South Africa, and Southeast Asia. Prenetics develops consumer genetic testing and early colorectal cancer screening; and provides COVID-19 testing, rapid point of care and at-home diagnostic testing and medical genetic testing. Prenetics is listed on NASDAQ with the ticker PRE. To learn more about Prenetics, visit .

About ACT Genomics / Sanomics

ACT Genomics is an innovation-driven cancer solution provider with offices in Taipei, Hong Kong, Singapore, Tokyo, Bangkok and UK. With our Next-Generation Sequencing (NGS) technology, CAP-accredited laboratories, experienced bioinformatics team, and proprietary AI algorithms, we provide optimal cancer treatment planning, immunotherapy evaluation, cancer relapse & drug resistance monitoring, as well as cancer risk assessment services to medical professionals. Together, we “Turn Genomics into Action”. To learn more about ACT Genomics, visit .