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UK-based Darwinex increases its Trader/Manager seed programme to €120 Million

Darwinex supports traders and managers who seek 3rd party capital. Strategy providers and investors engage on a centralised, regulated platform, through innovative signals for fees arrangement. Darwinex supports major Futures, US Equities and global ETFs.The offering is available both OTC and on Exchange

LONDON, UK – Comunicae – 13 December 2021 – Darwinex seeds and supports strategies seeking 3rd party capital. Investors access liquid strategies based on major Futures, US Equities and global ETFs on a one-stop-shop, regulated marketplace

FCA (UK) regulated FinTech Darwinex, has increased its competitive seed allocation programme. The programme – named DarwinIA Challenge – seeds the most investable providers on its marketplace for a notional of €120M. The allocation is up 35% from previously €90M.

The new format motivates strategy providers with innovative features, such as achievement awards and badges. DarwinIA’s user-friendly and intuitive design better highlights changes to the leaderboard.

Challengers visually monitor their progress on the graphical user interface. Metrics and analytical tools point to areas of improvement. All draw inspiration from leading strategies by drilling down into their performance metrics.

“We now seed 150 strategy providers a month for a total of €120M per year. In addition to the seed backing, we give providers further exposure to our investors.” Darwinex co-founder and CEO, Juan Colón, said.


Check out this video for an overview of all new features in the DarwinIA Seed Allocation Programme.

About Darwinex (Tradeslide Trading Tech Limited):

Darwinex is an FCA (UK) regulated FinTech (FRN 586466) that owns Brokerage and Asset Management arms. Darwinex sources multi-asset strategies via its Brokerage unit and packages them into direct indices marketed to eligible investors by its asset management arm. Signal providers enjoy regulatory cover to monetize investor capital and the platform controls strategy risk at arm’s length from providers.

Founded in 2012, Darwinex employs over 60 people across its London and Madrid teams. Darwinex develops proprietary technology, remains founder-led, and has recently received €3M funding. The company grew revenue by 72% in 2020, posting an operational profit.

Darwinex is arguably the fastest and most efficient path for managers to attract and monetize investor capital – with no compliance or administrative overhead.

#Darwinex

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

UK-based Darwinex Increases its Seed Allocation Programme to €120 Million

LONDON, UK – Comunicae – 13 December 2021 – Darwinex seeds and supports strategies seeking 3rd party capital. Investors access liquid strategies based on major Futures, US Equities and global ETFs on a one-stop-shop, regulated marketplace

FCA (UK) regulated FinTech Darwinex, has increased its competitive seed allocation programme. The programme – named DarwinIA Challenge – seeds the most investable providers on its marketplace for a notional of €120M. The allocation is up 35% from previously €90M.

The new format motivates strategy providers with innovative features, such as achievement awards and badges. DarwinIA’s user-friendly and intuitive design better highlights changes to the leaderboard.

Challengers visually monitor their progress on the graphical user interface. Metrics and analytical tools point to areas of improvement. All draw inspiration from leading strategies by drilling down into their performance metrics.

“We now seed 150 strategy providers a month for a total of €120M per year. In addition to the seed backing, we give providers further exposure to our investors.” Darwinex co-founder and CEO, Juan Colón, said.


Check out this video for an overview of all new features in the DarwinIA Seed Allocation Programme.

About Darwinex (Tradeslide Trading Tech Limited):

Darwinex is an FCA (UK) regulated FinTech (FRN 586466) operating Brokerage and Asset Management arms. Darwinex sources multi-asset strategies, from trading customers and via its integration with Interactive Brokers. Using a proprietary risk management overlay, the asset management arm directly indexes strategies – named DARWINs – on behalf of eligible investors. This way, the marketplace curates strategies, investors pay for success and providers monetize their intellectual property.


This 2 sided, one-stop-shop marketplace is arguably the fastest and most efficient path to match strategy providers with investors – transparently and without administrative overheads.


Founded in 2012, Darwinex employs over 60 IT and financial engineers across its London and Madrid teams. Darwinex develops technology in-house, remains founder-led, and has recently received €3M funding. The company grew revenue organically by 72% in 2020, posting an operational profit.

#Darwinex

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

Tanoto Foundation Sponsors “My Coronavirus Story” Book to Educate Children on COVID-19 and Encourage Resilience

SINGAPORE – Media OutReach – 13 December 2021 – Tanoto Foundation, an independent philanthropic organisation founded by Sukanto Tanoto and his wife Tinah Bingei Tanoto, is supporting the education of children on COVID-19 and encouraging resilience in the new normal of living with the virus through its sponsorship of “My Coronavirus Story” book. The children’s book was launched today by Minister for Health Ong Ye Kung at the Woodlands Regional Library.

A multi-organisational collaboration, the book is sponsored by Tanoto Foundation, supported by National Healthcare Group (NHG), authored by Professor Leo Yee Sin, Executive Director, National Centre for Infectious Diseases, and published by Wildtype Media Group.

Targeted at children between four and 12 years old, the book tells the coronavirus story from the perspective of a young child. It explores and articulates the experience, thoughts and feelings of a child living during the COVID-19 pandemic. The book also pays tribute to the courage and selfless contributions of all frontline workers in steering Singapore into the endemic stage.

 “My Coronavirus Story” book is illustrated entirely with art pieces by children and youth, aged five to 18 years old. These art pieces were entries for the “Celebrating Our Healthcare Heroes” national art competition held earlier this year. The 21 colourful art pieces used in the book reinforce the importance of personal hygiene, vaccination and social responsibility in the fight against the virus.

Ms Imelda Tanoto, member of the Board of Trustees of Tanoto Foundation said, “We are delighted to support this children’s storybook on COVID-19 and to jointly deliver the message of hope and resilience as we look forward to 2022. Our Foundation is a strong advocate of early childhood development, maternal and child health, and medical research. This book represents part of our efforts that started early last year and included working closely with communities, governments and like-minded organisations to support the fight against COVID-19 across a few countries, including Singapore. We hope this book will inspire children everywhere to continue to play their part in helping their families and communities stay safe, remain healthy and emerge stronger from this global pandemic.”

Professor Benjamin Seet, Deputy Group CEO, Education and Research, NHG, said, “We are grateful for the generous support of Tanoto Foundation and the National Library Board. Educating the public has been key during this pandemic, but efforts to reach out to young children have been limited, even though they have to learn to adjust to the many changes around them. This book serves to fill the gap, and its bright colours bring a message of hope in this time of fear and anxiety.”

About 1,000 copies of the book have been printed. Members of the public, especially parents and educators, will be able to borrow the book from NLB’s public libraries (except library@chinatown, library@orchard and library@esplanade). The books will also be given to primary schools in Singapore.

With operations in Indonesia, China and Singapore, Tanoto Foundation focuses on three main pillars namely 1) leveraging education to accelerate equal opportunities, 2) developing the next generation of leaders, and 3) supporting medical research and healthcare to improve health standards – all with a common outcome of improving lives. In Singapore, Tanoto Foundation has partnered universities including National University of Singapore,  Nanyang Technological University and Singapore Management University to provide scholarships through a S$7 million endowment fund. The Foundation has also partnered healthcare institutions to contribute funding and donations in excess of S$16 million to support medical research and healthcare in Singapore.

About Tanoto Foundation

Tanoto Foundation is an independent philanthropic organisation founded by Sukanto Tanoto and Tinah Bingei Tanoto based on the belief that every person should have the opportunity to realise his or her full potential. Tanoto Foundation started its work in 1981 when our founders established a kindergarten and elementary school in Besitang, North Sumatra. Tanoto Foundation’s programs stem from the belief that quality education accelerates equal opportunity. We harness the transformative strength of education to realise people’s full potential and improve lives. More information is available at www.tanotofoundation.org.

#TanotoFoundation

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

Kenanga Investment Bank Berhad Appoints Choy Khai Choon As Non-Independent Non-Executive Director

KUALA LUMPUR, MALAYSIA – Media OutReach – 13 December 2021 – Kenanga Investment Bank Berhad (“Kenanga”) has appointed Choy Khai Choon as its Non-Independent Non-Executive Director with effect from 13 December 2021.

Choy Khai Choon – Non-Independent Non-Executive Director, KIBB

 

Choy is currently an Independent Non-Executive Chairman of Zurich Life Insurance Malaysia Berhad and Zurich General Insurance Malaysia Berhad. He is also the Senior Independent Non-Executive Director of Malaysia Marine and Heavy Engineering Holdings Berhad, and an Independent Non-Executive Director of Hap Seng Plantations Holdings Berhad as well as MSM Malaysia Holdings Berhad and serves on the Board Committees of these companies.

 

In addition to serving as a public interest director of Federation of Investment Managers Malaysia, he is also a member of the Labuan Financial Services Authority as well as a Board member of Asian Banking School Sdn Bhd and Bond and Sukuk Information Platform Sdn Bhd, a non-profit information platform established to provide free public access to information on bonds and sukuk issued in Malaysia.

 

Bringing in over forty (40) years of extensive experience in the financial sector, he had served as the President / Chief Executive Officer of Cagamas Berhad for six (6) years before retiring in March 2012. Choy also holds a Master in Business Administration from the Oklahoma City University in the U.S. and Bachelor of Commerce from the University of New South Wales, Australia. He is also a Fellow of the Certified Practicing Accountant, Australia and a member of the Malaysian Institute of Accountants.

To learn more about Kenanga, visit www.kenanga.com.my.

About Kenanga Investment Bank Berhad (197301002193 (15678-H))

Established for more than 45 years, Kenanga Investment Bank Berhad (the Group) is a financial group in Malaysia with extensive experience in equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending and trade financing.

The Group has garnered a host of awards and accolades reflecting its strong market position. It was awarded under the categories of Best Overall Equities Participating Organisation by Bursa Malaysia, Best Overall Derivatives Trading Participant, Best Structured Warrant Issuer, Best Retail Equities Participating Organisation, Best Institutional Equities Participating Organisation Investment Bank; along with Best Trading Participant and Best Institutional Equities Participating Organisation and for Equity and Financial Derivatives for 18 consecutive years. The Group was also accorded the title of Best Institutional Derivatives Trading category by Bursa Malaysia.

The Group continues to be a regular and repeat recipient of distinguished industry accolades, such as the Lipper, Fundsupermart and Morningstar awards. For its continued efforts towards community outreach and employee volunteerism, the Group was awarded the coveted Company of the Year award for environmental and sustainability at Sustainability & CS Malaysia Awards 2020. The Group is also a Participant of the United Nations Global Compact and adheres to its principle-based approach to responsible business.

Today, Kenanga Investment Bank Berhad is an award-winning leading independent investment bank in the country with a continuous commitment towards driving collaboration, innovation and digitalisation in the marketplace.


#Kenanga

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

Kerry Logistics Network A Double Winner of The Asset ESG Corporate Awards 2021 and IR Magazine’s Greater China Awards 2021

HONG KONG SAR – Media OutReach – 13 December 2021 – Kerry Logistics Network Limited (‘KLN’, the ‘Company’; Stock Code 0636.HK) is proud to be the double winner of two prestigious accolades, namely, The Asset Jade Award at The Asset ESG Corporate Awards 2021 and the title of “Best IR during a Corporate Transaction” at IR Magazine’s Greater China Awards 2021.

This is the fourth consecutive year that KLN has been a winner of The Asset ESG Corporate Awards and the second consecutive year that the Company has won the highest honour, The Asset Jade Award, for showing an embedded and extensive commitment to ESG from the Board through to stakeholders.

KLN has earned the “Best IR during a Corporate Transaction” title at IR Magazine’s Greater China Awards 2021 for its excellence in handling investor relations regarding the strategic cooperation with S.F. Holding, specifically in crafting and releasing the messaging for the financial markets. Through proactive communication, the Company ensured that its independent shareholders fully understood this transaction for their decision-making process. The Greater China Awards are organised annually by IR Magazine to commend individuals and companies with outstanding IR performance in Greater China.

William Ma, Group Managing Director of KLN, said, “We are thankful to The Asset and IR Magazine for their recognition of our efforts in upholding the highest ESG standards amidst a global health crisis, as well as maintaining timely disclosure and a bilateral dialogue with our investors during a major corporate transaction. With environmental and corporate sustainability becoming an integral part of our business decisions, we have persistently incorporated ESG principles into our development strategies and operations, and will continue to do so in the future. We will also remain committed to IR best practices, and exercise the diligence and thoroughness indispensable to transparent communications.”

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), industrial project logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure investment.

With a global presence across 58 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

Kerry Logistics Network generated a revenue of over HK$53 billion in 2020 and is the largest international logistics company listed on the Hong Kong Stock Exchange.

About The Asset ESG Corporate Awards

The Asset ESG Corporate Awards offer a rigorous benchmarking service for listed companies with regard to corporate sustainability. The criteria used to assess the companies include a range of metrics of financial performance, which are also a proxy for gauging management acumen. Companies are also evaluated according to the quality of their governance, social responsibility, environmental responsibility and investor relations.

About IR Magazine’s Greater China Awards

For the past three decades, IR Magazine has honoured excellence in investor relations around the world. Its Greater China Awards presents two types of awards categories – researched and nominated – both celebrating the success of those individuals and companies that are leading the way in IR in Greater China. The awards-by-research nominees are determined by the input of hundreds of analysts and portfolio managers, who vote for the companies, IROs and senior management who provide them with the best IR service across Greater China. The awards-by-nomination categories differ from the traditional researched categories, as individuals and companies are given the opportunity to submit written entries, free of charge, to be put forward to a panel of expert judges made up of investment professionals and IR Magazine editorial members.

#KerryLogisticsNetwork

Laos to Provide Booster Shots for Populations in Tourism Zones

Laos to provide booster shots for populations in tourism zones
Laos to provide booster shots for populations in tourism zones (Photo: Itecc Exhibition Hall).

Laos is to issue booster shots of Covid-19 vaccines for members of the general population residing in tourism green zones or along the route of the Laos-China Railway.

Rhenus Greater China Sets Up New Office in Zhuhai

The expansion of its network in South China will better position Rhenus to provide comprehensive supply chain support locally, while riding on growing opportunities in the China (Guangdong) Pilot Free Trade Zone.

SHANGHAI, CHINA – Media OutReach – 13 December 2021 – Leading global logistics service provider Rhenus has established a new branch in Zhuhai. The first in the city and its third in the Guangdong province, the team is part of the company’s efforts to strengthen support for businesses in Zhuhai and connect them with international players in the region.

Zhuhai is China’s second-largest port city and plays a key role in China’s Belt and Road Initiative, since the Guangdong Pilot Free Trade Zone (GPFTZ) Hengqin Area came into operation in 2015. Designated as one of China’s first special economic zones and home to over 2,200 high-tech enterprises, Zhuhai has a strong focus on high-end service and manufacture, the high-tech industry, characterized marine economy and eco-agriculture. With new development plans announced for Guangdong-Macao in-depth cooperation in Hengqin, the Guangdong-Hong Kong-Macao Greater Bay Area is set to see a boost in economic activity across diverse industries.

The new branch will offer a full range of Rhenus services across air, ocean, road and rail freight. Industrial solutions for sectors including aviation, marine and hospitality as well as warehousing solutions for customers using the Macau International Airport and Hong Kong Airport will also be available.

“We are very happy to expand our network in South China with the new office in Zhuhai. The proposed ‘Free Trade Zone’ project will lead to an influx of investments and opportunities from the region and having our own setup here will allow us to better understand and support our clients more closely,” said Cliff Xu, CEO of Rhenus Air & Ocean Greater China.

Rhenus Greater China plans to extend its presence to Macao by 2022. With 20 offices, it is one of the largest networks in the Asia-Pacific region. Key focus areas include rail freight from China to Europe, cross-border road freight and warehousing solutions. For more information, visit www.rhenus.com/en/cn.

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 5.4 billion. 33,500 employees work at 820 business sites and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family business pools its operations in various business units where the needs of customers are the major focus at all times.

#Rhenus

Xero Gold Partner CALTRiX scales up Cloud Accounting adoption in Malaysia

PETALING JAYA, MALAYSIA – Media OutReach – 13 December 2021 – Cloud accounting adoption by Small & Medium Enterprises (SMEs) will grow exponentially over the next three years and we’re scaling up to help more Malaysians streamline their workflow, says Alfred Ang, founder and CEO of CAL Cloud Sdn Bhd (CALTRiX), a Small & Medium Practice (SMP) and leading Xero Gold Partner and Xero Certified Advisor specialising in retail & ecommerce industries.

Ang shared this after attending the Xero Asia Roadshow 2021 held virtually on International Accountant’s Day earlier this month. Xero Asia’s Managing Director Kevin Fitzgerald shared Xero’s impressive growth in customer numbers and usage in the region, increasing exponentially over the previous financial year.  Fitzgerald added that Xero is committed to capacity building programs across the region and is working with governments on Cloud First initiatives. Xero was named the 2021 Asia-Pacific SME Accounting Software Vendor of the Year by global research and consulting firm, Frost & Sullivan, 2021 Best Practices Awards. Fitzgerald announced Xero’s partnership with Asia Cloud Computing Association (ACCA) to launch advisor certification programs in Singapore to boost the next generation of accounting professionals.

 

CALTRiX is one of 577 Coach n Grow grant alumni (Cohort 5) of the public-private partnership between the Ministry of Finance’s Cradle Grant and Proficeo. “I started the company to promote Cloud Accounting to SMEs. A big challenge for us is company directors who are averse to change as they are used to desktop/offline accounting software. In our years of experience, switching to cloud-based solutions like Xero takes approximately three-months. The Coach n Grow program has sharpened my skills in generating leads, business communication and using business metrics to measure profitability. It’s undeniable that the demand for cloud accounting solutions will increase and we are scaling our business to serve the industry and expect to triple our sales revenue by the end of financial year 2023. My confidence in the product and market acceptance is reflected by Xero’s H1 FY22 performance with operating revenue climbing 23% year on year to US$505.7 million,” said Ang.

 

The cloud computing market revenue in Southeast Asia is estimated to reach US$40.32 billion by 2025 as a result of an increased demand for cloud computing among SMEs according to a Gartner forecast.

 

Ang’s sentiments were inspired from the recent Budget 2022 announcements. The Digital First Programme aims to increase cloud computing use in the public sector, reducing physical storage of documents and inculcating a paperless culture. The budget earmarked RM300 million allocated under SME Digitisation Grant Scheme and Automation Grant to support automation and modernisation activities, plus another RM700 million allocated to enhance digital connectivity which will facilitate digitalisation of SMPs and SMEs.

 

The 33 year-old accountant comes from a family of entrepreneurs. Ang started his career in the accounting backroom of a hotel, then turned business analyst before starting his first business as a software distributor and led 500 SMEs in Malaysia to adopt accounting software digitisation during the GST implementation period from 2015.

 

“I sold my software business in 2017 and took a short sabbatical. I was interested in cloud accounting, as it was one of the fastest growing sectors in business automation. In my research, I learned that company executives would require constant training and upskilling when transitioning onto cloud services. I started CALTRiX alone in January 2018 to provide services to companies looking to switch from tedious manual bookkeeping to having real-time financial information right from an app on their mobile phone! Our clients have given positive testimonials about the beautiful user interface because it is intuitive and easy to use,” he shared.

 

“We work with accountants and finance departments of manufacturing and trading enterprises and one of the Xero features they’re excited about is e-invoicing, a new B2B feature where invoices are not only generated but also paid on the cloud, distributed intuitively from software to software on both the client’s and supplier’s side. This results in faster payments for SMEs – an important feature for healthier cash flows,” Ang added.

 

“One thing I have learned is to not hardsell. We initiate customers on a Clarity Call, where we learn about their business needs and understand their pains. Once we’re confident we can serve their needs, we’ll bring the client onboard and work with their team to streamline and consolidate their software needs.” said Ang.

About CAL Cloud Sdn Bhd (CALTRiX)

CALTRiX is a leading Xero Gold Partner and Xero Certified Advisor specialising in retail & ecommerce industries. They also support other services sectors in accommodation, hospitality, construction, trades, ecommerce, healthcare, marketing and advertising, consulting firms and NGOs. CALTRiX is an MDEC approved technology solutions provider. Learn more about Xero’s features that small businesses love, and get in touch with CALTRiX at connect@caltrix.asia for a 30 days free trial if you are keen to find out how you can grow your business with Xero – Cloud Accounting Software.


#CALTRiX