Police in Vientiane Capital have arrested a man for drug trafficking, seizing approximately two tons of amphetamines.
Laos Confirms 95 New Cases of Covid-19
Laos has confirmed 95 new cases of Covid-19 today, bringing the total number of cases to 3,187.
Konyang University Hospital in South Korea relies on Molecular Health’s MH Guide for personalized cancer medicine
HEIDELBERG, GERMANY / DAEJEONG, SOUTH KOREA – Media OutReach – 16 July 2021 – Konyang University Hospital in Daejeong, South Korea, will rely on MH Guide in the personalized treatment of its cancer patients. This is the result of an agreement between the hospital and Molecular Health. It makes Konyang University Hospital the first facility in South Korea to use MH Guide. “Precision medicine in cancer care enables personalized treatment through comprehensive analysis of genes, clinical information and drugs. With our NGS system and MH Guide, we have a complete precision medicine ecosystem that will enable us to provide world-class cancer care,” said Yoon Dae-seong, Director of the Cancer Center at Konyang University Hospital.
MH Guide is an analysis software that helps molecular pathologists and oncologists interpret NGS data and make treatment decisions. The software automatically detects relevant gene variants from molecular information and identifies treatment options based on the molecular profile and ongoing trials that may be relevant to the patient. To do this, MH Guide matches molecular patient data with data derived from one of the largest growing and Molecular Health-owned knowledge platforms (Dataome). This makes MH Guide an evidence-based decision support tool that enables physicians and molecular pathologists to keep pace with the rapidly growing stock of medical knowledge and make it actionable in treating their patients.
“We are very pleased to collaborate with Konyang University Hospital. We are convinced that with MH Guide we can make an important contribution to the personalized care for Korean patients,” said Stephan Hettich, SVP, Head of Sales & Business Development, APAC, at Molecular Health.
About Molecular Health:
Molecular Health (MH) is an internationally operating biotech IT company located in Heidelberg, Germany, which has been developing innovative software in the fields of in silico and precision medicine since 2004. The solutions by MH enable large quantities of data to be transformed into evidence-based, medically relevant decision-making tools. They are used where patient care with precision medicine or efficient drug development require increasingly complex interpretation of data. MH specialists from the fields of medicine, data science, biology and bioinformatics as well as software development are working on transforming big data into a useful tool for healthcare. The result is intuitive analysis applications which are individually tailored to various requirements in healthcare. MH is an investment management company of dievini Hopp Biotech holding GmbH & Co. KG.
Additional information can be found at www.molecularhealth.com
#MolecularHealth
About Konyang University Hospital:
Established in February 2000, Konyang University Hospital (KYUH) is one of the leading hospitals in cancer care in Korea with an 813-bed-capacity. The hospital consists of 32 departments, 14 specialized medical centers and 16 clinics. The cancer center of the hospital is comprised of 12 specialized teams such as the gastric cancer, the lung cancer, or the liver cancer team. The hospital is equipped with the latest cancer treatment facilities such as RapidArc™, Cyclotron, Robotic CyberKnife and Da Vinci surgery robots. KYUH treats more than 500 cancer patients per year. It employs 120 medical doctors, and three of them specialize in oncology.
Website: www.kyuh.ac.kr
#KonyangUniversityHospital
Authorities Search for Infected Golden Triangle Workers in Luang Prabang
Authorities are actively searching for workers who traveled to Luang Prabang Province from the Golden Triangle Special Economic Zone, raising concern about the spread of Covid-19.
Reliable climate protection with Passive House
DARMSTADT, GERMANY – Newsaktuell – 15 July 2021 – Happy Birthday – Passive House is celebrating its 30th anniversary. Passive House is celebrating its 30th anniversary. The ground-breaking project by Professor Wolfgang Feist paved the way for highly energy efficient buildings. Passive House buildings consume significantly less energy for heating and cooling and are therefore pivotal to global climate protection. The Passive House standard is leading the way for a significant reduction in the building sector’s share of approximately 40 % of global CO₂ emissions. International beacon projects are competing for the Passive House Award 2021. The architectural award will be handed over by the Passive House Institute at the 25th International Passive House Conference in September.
The first Passive House building in the world is now 30 years old. Building physicist Professor Wolfgang Feist (right) and his family built this pilot project in the early 1990s. The building in Darmstadt, Germany, was later equipped with a photovoltaics system and certified as a Passive House Plus in 2015. © Peter Cook
Free use with Copyright
International projects built to the Passive House standard: (above) multifamily building with photovoltaics system in Seoul, South Korea and Passive House district in Nidderau, Germany. Numerous of the more than 120 houses there are also equipped with a photovoltaics system and generate their own renewable energy. (Below) Passive House indoor swimming pool in Bamberg, Germany and Rocking Horse Nursery in Aberdeen, Scotland. © Passive House Institute (3); University of Aberdeen, photographer Graeme MacDonald
Free to use with copyright
“Of course, I’m happy about this development: seeing the progress from the first experimental residential building to the projects and districts worldwide designed to the Passive House standard”, explains building physicist Wolfgang Feist. Nevertheless, the Passive House pioneer makes it clear that “without significantly greater commitment on the part of the governments, there will be very little progress in the energy efficient construction of buildings.”
Passive House Award
Today, 30 years after the first Passive House building kindergartens, schools, sports halls, supermarkets, indoor swimming pools, museums and entire districts to the Passive House standard are a matter of course. These buildings constitute an important contribution to effective climate protection and social equality. The high level of living comfort is an added bonus.
More than 80 projects from 19 countries are competing for the Passive House Award 2021. The presentation of this Award with a special focus on regenerative energy will be live-streamed during the 25th International Passive House Conference. The conference will take place in September in Wuppertal, Germany, and online: 16 lecture series will be dealing with energy efficient construction and retrofitting topics.
https://passivehouseconference.org
– Picture is available at AP Images (http://www.apimages.com) –
#PassiveHouse
Cushman & Wakefield : CRE investment activity back on the rise. Half-year transaction volume increased by 97% y-o-y
Industrial buildings and development sites being sought after Hotels show potentials of long-term appreciation
- Commercial real estate investment market has recorded 89 deals in 1H21, and a total consideration of HK$43.1 billion, an increase of 97% y-o-y
- Full year deal count is expected to reach 200 cases, the most active year since 2018.
- Local investors have dominated the market due to travel restrictions, but institutional investors start to eye on industrial buildings and development sites.
- Industrial buildings and development sites are expected to be sought after, while hotels show huge potentials for long term appreciation.
HONG KONG SAR – Media OutReach – 15 July 2021 – Global real estate services firm, Cushman & Wakefield, announced the Hong Kong investment market 2021 Q2 review and forecast today. As local pandemic situation calms down and the economy recovers, local and institutional investors with abundant capitals have turned active and looked for investment opportunities in the market, resulting in upsurge in commercial real estate (CRE) transaction volume in 1H21. Half-year transaction volume has surpassed that of the annual number in 2020, with the industrial sector newly under the spotlight. The hotel sector is also expected to show potential for capital value growth in the long run.
Figure 1: CRE investment deals and considerations in the last decade
Figure 2: CRE tranactions by sector in 1H21
Figure 3: CRE transactions by investor type
Figure 4: Development map of Kwu Tung North in the New Territories
CRE investment deals and consideration
CRE investment sentiment has gradually recovered since the end of 2020. Driven by local investors and a few institutional investors, this trend has continued into the first half of 2021. 89 transactions (with deal size over HK$100 million) were recorded in this period, making a total consideration of HK$43.1 billion, an y-o-y increase of 97%, marking the most active half year since 2H18. The average deal size was HK$485 million (Figure 1).
Mr. Keith Chan, Cushman and Wakefield’s Director, Head of Research, Hong Kong, shared, “We expect the number of transactions for this year will hit 200 cases. Yet, investors remain cautious due to the uncertain economic outlook. Deals will mostly be in small size in the near term. The total consideration for this year will likely reach half of the peak in 2017 or 2018.”
CRE investment by sector
Amongst the transactions, the office sector was most active in 1H21, accounting for 40% of the total consideration, mainly driven by a single transaction. On the other hand, the retail sector recorded the highest number of deal count as local investors were in favour of smaller assets but greater chance for long-term growth. Yet, with office and retail rents still declining in the near term, capital looked into industrial and development sites with value-add potential in the longer term. In particular, industrial properties emerge as the most investible asset class in 1H21, accounting for 30% of total consideration, a significant increment compared to the average of 14% in the last decade (Figure 2).
The surge in industrial property transaction was mainly due to its relatively low unit price and a set of favourable policies by the government. For instance, “the new industrial building revitalization scheme” announced in 2018 allows revitalized buildings fulfilling certain requirements to achieve additional GFA; The launch of the pilot scheme of “Land Premium Standard Rates” in March 2021 also enhanced the flexibility and clarity for decision making. In addition, the potential for traditional industrial buildings to be converted into other modern usages such as mini-storage, cold storage, logistics warehouse and data centers will match with new business demand and create value in the post-pandemic era.
Although hotel transactions have been muted, it possess great value-add potential for long-term investors. Mr. Tom Ko, Cushman and Wakefield’s Executive Director, Head of Capital Markets, Hong Kong, said, “The hospitality industry has been facing many challenges during the pandemic and hence associated investment activity has frozened at present. Yet, the hotel industry has been proactively reacting to the situation by launching monthly rental plans, in an attempt to benefit from the red-hot residential market.
Notably, investors have been looking into the long-term investment value of hotel properties, especially high-quality assets at discount. As such, we anticipate that hotel transactions will pick up in the second half of the year.”
Investor breakdown
With travels between Hong Kong and the mainland, and most part of the world still being restricted, local capital has effectively dominated the market, accounting for over 70% of the total transactions in 1H21. That said, institutional investors, particularly those have local presence, also actively looking for investment opportunities. Notable transactions include an en-bloc industrial building on Hung To Road in Kwun Tong, and a portion of Wharf’s Cable TV Tower in Tsuen Wan. Mainland investors, however, were relatively quiet, accounting for only 13% of the transaction volume (Figure 3).
New market spotlight
In addition to the abovementioned projects, Kwu Tung North will become the upcoming spotlight in the property market. Thanks to the improved transportation and ancillary facilities, such as the new Kwu Tung Station to be constructed in 2023 and completed in 2027, this area has been increasingly appealing to major developers. With the recent confirmation of more upcoming development projects in Kwu Tong, as well as the nearby developments in the Lok Ma Chau Loop and the Hong Kong-Shenzhen Innovation and Technology Park (HSITP), developers are expected to pay increasing attention to the area in the next one or two years (Figure 4).
Mr. Tom Ko concluded, “We believe the commercial real estate investment market will continue to be active in 2H21, and the investment sentiment remains cautiously optimistic. With some stocks already under their belt, local investors will take a wait-and-see approach before they invest further when the market upward trend is fully confirmed. Travel restrictions have hindered local deals by mainland and institutional investors for some time. Once restrictions are relaxed, they will become more aggressive. We expect investors will be keen on industrial assets. Long term focus is on hotel assets which give better prospects.”
Please click HERE to download photos and presentation deck.
Photo captions:
Photo1: (From Left to Right) Mr. Tom Ko, Cushman and Wakefield’s Executive Director, Head of Capital Markets, Hong Kong and Mr. Keith Chan, Cushman and Wakefield’s Director, Head of Research, Hong Kong
Photo 2: (From Right to Left) Mr. Tom Ko, Cushman and Wakefield’s Executive Director, Head of Capital Markets, Hong Kong and Mr. Keith Chan, Cushman and Wakefield’s Director, Head of Research, Hong Kong
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. Across Greater China, 22 offices are servicing the local market. The company won four of the top awards in the Euromoney Survey 2017, 2018 and 2020 in the categories of Overall, Agency Letting/Sales, Valuation and Research in China. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).
#Cushman&Wakefield
Discovery Bay FUNtastic Summer 2021: Keigo Family Characters, Mobile Game and Lucky Draw Await at the Discovery Bay FUNtastic Summer Shop, Eat, Play Fiesta
HONG KONG SAR – Media OutReach – 15 July 2021 – Get ready for the summer as Discovery Bay unveils a series of activities and launches the “FUNtastic Summer @DB Pass” for locals to unwind in the seaside resort destination right at home. The newly renovated DB Plaza now houses a wide variety of specialty shops and restaurants and DB Ice Rink, Hong Kong’s latest international-standard ice-skating rink. Together with the large indoor playground EpicLand at DB North in this picturesque southern European island style community, you will have totally relaxed shopping, leisure, and gourmet experience with your family.
Non-stop Photo Hunt with Keigo Family in Discovery Bay
Asian superstar Keigo family has landed Discovery Bay! Created by the famous Japanese illustrator Keigo, animal characters with different personalities, such as crocodile, giraffe, rabbit and sloth, tell their own stories in a unique way. They will show up at various photo spots around Discovery Bay this summer, sharing their sense of humour and positivity, and offering FUNtastic photo-taking opportunities to all. You will never fail to find one of them next to you!
Discovery Bay FUNtastic Summer Pass with Attractive Discounts and Limited-Edition Gift Sets
This summer, Discovery BayFUNtastic Summer Pass is available at https://www.klook.com/zh-HK/activity/58770 . Each pass at HKD150 will entitle one login to join to Keigo Family Photo Hunt Mobile Game # to win one set of limited-edition premiums, one HKD50 Discovery Bay dining voucher#, one HKD50 Discovery Bay shopping voucher. This campaign runs from 17 thJuly to 31 st August 2021. “Discovery Bay FUNtastic Summer Pass” is available from today onwards on first-come-first-served basis while stock lasts.
Redeem FUNtastic Summer Pass after purchase at klook.com
Redemption period: 17 thJuly to 31 stAugust 2021
Time: 12:00 – 21:30
Location: Concierge, DB Plaza
#Terms and conditions apply
Discovery Bay FUNtastic Summer Lucky Draw
During promotion period (17 thJuly to 31 stAugust, 2021), each electronic payment of HKD200 or above (one same-day receipt) at selected retail shops from Monday to Friday, or electronic payment of HKD800 (one same-day receipt) at selected retail shops on Saturday and Sunday will be entitled to one lucky draw ticket^. Lucky draw offers the chance to win fabulous prizes worth HKD 68,000.
10 winners will be drawn on 1 stSeptember 2021. Each of them will receive the following prizes:
- Auberge Discovery Bay Hong Kong Mountain View Suite two days one night accommodation with buffet breakfast (two sets)
- Discovery Bay shopping voucher HKD1,000
- Discovery Bay dining voucher HKD1,000
- Discovery Bay Ice Rink Skating voucher HKD400
*Trade promotion competition licence number: 54586-7
#Terms and conditions apply
^ One ticket per person per purchase
Redeem FUNtastic Summer Lucky Draw Ticket
Redemption period: 17 thJuly to 31 stAugust 2021
Time: 12:00 – 21:30
Location: Concierge , DB Plaza
For more information of Discovery Bay FUNtastic Summer promotions, please visit:
Website: |
|
Facebook: |
|
Instagram: |
|
Email﹕ |
Official Discovery Bay Photos: https://drive.google.com/drive/folders/1PoCkHXhm7BI2TgyQZqFtDlFbm-iLytq0?usp=sharing
Appendix 1: Day Tour Itineraries at Discovery Bay
Appendix 2: Specialty Shops and Check-in Spots at Discovery Bay
Appendix 1: Three Recommended Day Tour Itineraries in Discovery Bay
Want to spend a day in Discovery Bay? There are so many choices! Energetic people can go to sandy beaches, ice rink, EpicLand. Nature lovers can stroll through mangroves and Nim Shue Wan. Couples can visit specialty shops in Discovery Bay Plaza, then get romantic at Love Lock Promenade and the White Chapel. Families can have gatherings at Discovery Bay North Plaza or D’Deck which hosts the largest outdoor restaurant and choose any cuisine they like. We have listed a selection of three itineraries in Discovery Bay.
[Itinerary 1: Family Day Out] Enjoy Family Time with Age-friendly Activities
1) Tai Pak Beach: This outdoor beach features an all-day children’s playground free for everyone. Children and family will have endless fun in this sunny beach.
2) DB Ice Rink: Put on skates and have wonderful memories on the white ice and snow.
3) Discovery Bay North Plaza: Power up yourself at noon and have a gastronomic trip to Mexico, Thailand, New York and other places.
4) Central Park: Picnic in the largest park in Discovery Bay and indulge in the pleasure of leisure.
5) Mangroves: Take children to a study outing and explore biodiversity and the richness of ecosystem.
6) EpicLand: Have fun with rainbow slide, trampoline, miniature golf course, climbing area, zip line and other recreational facilities in this large indoor amusement park.
[Itinerary 2: Island Romance] Romantic Day Out with Your Beloved
1) D’Deck: Kick off a romantic day with worldwide cuisine at the largest outdoor restaurant in Hong Kong.
2) Discovery Bay Plaza: A new spot for food, shopping and dating. Visit specialty shops and pick small gifts for your beloved to show your passion.
3) Love Lock Promenade: Walk along the beach and spend intimate moments with your beloved. Engrave vows of love on a lock and let the sky and sea be the witness of your passion.
4) White Chapel: Capture romantic moments in the first glass-walled pyramid white chapel in Hong Kong.
5) Auberge Discovery Bay Hong Kong: Check in one of the stylish suites and unwind as the picturesque mountains or the magnificent ocean embrace you.
[Itineraries 3: The Great Outdoors] Adventure the Nature
1) Discovery Bay Lookout: Take a breathtaking panoramic view of the magnificent ocean seascape. Want tougher challenge? Go further towards Lo Fu Tau, Mui Wo or Tung Chung.
2) Nim Shue Wan Pier: Take you to Peng Chau or Mui Wo for a short trip.
Appendix 2:Specialty Shops and Check-in Spots at Discovery Bay
Retail Shops:
European Touch European Touch is passionate about bringing the flavours of Europe to consumers. It offers goods that reflect our vision – making it possible for everyone to Eat Better and Feel Better. The picks of “european touch’s choice” consist of products that are fairly and sustainably produced or products that have earned the choice for their premium quality. When the catalogue is curated, it strives for creating Value for Value. |
felix & mina The concept of “felix & mina” together with our philosophy “live the moment, live with consciousness” originated in Frankfurt Germany, by passionate mums who love “Mini ” Fashion. We wanted to create children’s wear that has great design, but is also safe for both kids and the environment. The family concept store by felix & mina in Discovery Bay merges fashion, art, design and fun, creating a sensory experience, punctuates with curated spaces of stunning visual merchandising and collaborations. It provides customers with a great selection of modern children’s wear and family orientated lifestyle products which ensure every family member can enjoy shopping in the store. |
Islandwake Established in 1995, ISLAND WAKE is the first one-stop shop for extreme sports shop equipment in Hong Kong specialized in water sports and skiing equipment and apparel. It carries 100 brands including Billabong, Roxy, Quiksilver, Reef, Sun Bum, Smoothstar, Havaianas, Liquid Force, Hyperlite, Thirtytwo, Gentemstick, K2 Snowboarding, MasterCraft, Fliteboard, etc. |
Lareina Stylish collection of fashion and products that fit the need of any modern ladies in town. Targeting at bringing out the pride and style in all women, Lareina offers tailored consultation advice to shoppers at large. |
Polishfood.hk Featuring a vast selection of food and groceries sourced directly from Poland, Polishfood.hk is your one-stop boutique for Polish meats, dairy products, confectioneries, ethnic Polish cuisines and organic produce. With products flown to Hong Kong weekly, the newest and the best gourmet of Poland awaits your discovery. |
Red Velvet Designs Delicately designed by shop owner and designer Kavita Mathur, every piece in store is a bespoke piece of art that can be personalized in every way for you. Kavita loves sharing home decoration insights with customers and is a master in custom designed homeware, carpets or even furniture. Regardless of the size, pattern, style and space, Red Velvet is here to help you effortlessly build your dream home. |
Slowood Slowood is an eco-friendly lifestyle store that makes sustainable shopping so easy for you. Browse from a wide range of imported European homeware, personal care products, sundries, healthcare goods, groceries and more. |
Tree of Joy Promoting “Play, Learn & Grow in Joy”, Tree of Joy boasts a vast and high-quality selection of educational toys, interactive storybooks and specialty wooden toys imported from Europe to let children’s imagination take off. |
YOPE A family-friendly brand from Poland — YOPE continues to create wonders for ladies and gentlemen with sustainable personal care and home care products formulated with skin-safe, natural, environmentally friendly ingredients and distinctive fragrances. |
Gourmet Dining:
Bones and Blades A premium specialty butcher shop featuring grain-fed meat, with a wide range of cuts and grades for beef, as well as other gourmet meats. Select your favourite cut and have it prepared perfectly to your taste. Excite your palate with the rich and juicy Italian gourmet sausages made exclusively in-house. After a sumptuous meal, bring home meats and cold cuts for culinary fun with your family. Bones and Blades’ experienced team is here to provide professional advice according to your taste and recipe. |
The Coffee Academïcs The Coffee Academïcs Discovery Bay is the latest café concept by The Academïcs Group, the first dining outlet on the outlying island. The unique concept ties together a coffee dispensary and retail corner with a dine-in café & restaurant space. For the very first time, The Coffee Academics will feature a one-stop self-ordering system, customers can scan, order and enjoy at their own pace with ease. The Coffee Academïcs Discovery Bay is a new destination for coffee, nature, and lifestyle lovers. |
Other check-in spots :
Seaside dinning at D’Deck Treat yourself with a feast at D’Deck, the renowned seaside alfresco dinning spot. Most of the restaurants have outdoor seating areas allowing you to enjoy cuisine with spectacular seaviews. Lovers of spicy Mexican delicacies must not miss the exquisite Mexican cuisine at Coyote Mexican Cantina. Its homemade nachos and traditional dishes will wake every taste bud up. Embrace yourself in sentiments français with the fine French cuisine and European cocktails at 22° North. The recently renovated Italian restaurant iL Bel Paese cooks fresh imported ingredients which refresh your taste and sight. Solera Spanish Restaurant near the pier is famous for its classic Spanish seafood and traditional dishes. Its innovative cuisine will surprise Spanish cuisine lovers. |
New ice rink with international standard facility Discovery Bay Ice Rink creates wonderful and unique memories for you. Whether you look for leisurely family time or a thrilling competition, this “Ice Dreamland” is here for you to explore. An international standard ice rink, DB Ice Rink is equipped with state-of-the-art facilities and a world-class professional coaching team which will take your skating experience to another level. The DB Ice Rink is just a starting point for your leisure and entertainment journey. A day of beach fun in Discovery Bay, or dining experience in open space is just a step away. Now head to DB Ice Rink and experience the wonder of Discovery Bay! |
Discovery Bay North Love Lock Promenade As the bus from Discovery Bay Pier arrives, the first landmark you see is the European style clock tower, and next you will arrive at the Love Lock Promenade. Parents may wish to relive their dating memories and seal their names here with their own love locks. The seaside promenade offers scenery of southern European architectures and coastline of sea and sky, you will feel if you are in Europe.
|
The Pavilion and Central Park Along the seaside promenade past Auberge Discovery Bay Hong Kong, you will find this glass-walled white pyramid. This seaside auditorium has hosted countless romantic weddings and brought back sweet wedding day memories of many couples. After only 10 minutes’ walk from Discovery North Waterfront, you will reach Central Park surrounded by large green patches, artificial lakes and fountains and verdant trees. The tranquil and pretty environment is perfect for walks and taking pictures or running and discharging for children.
|
About Discovery Bay
Discovery Bay is located in the northeast of Lantau Island. With a land area of approximately 650 hectares and surrounded by mountains and oceans, it is Hong Kong’s foremost premium international residential community and a unique leisure destination, boasting a quiet environment, sophisticated urban planning and a variety of waterfront facilities.
Situated next to Discovery Bay Pier, D’Deck is Hong Kong’s renowned oceanfront al fresco dining destination with numerous themed restaurants with spectacular views of the sea. The 400-metre-long Tai Pak Beach is an excellent venue for outdoor activities with related facilities. Featuring a shopping arcade, restaurants, an open piazza and Love Lock Promenade, DB North serves as the second social hub for the Discovery Bay community and visitors alike. Adjoining is Auberge Discovery Bay Hong Kong, home to 325 superbly appointed rooms and suites, a seaside Pavilion with a one-of-a-kind design, offering a unique leisure experience.
Discovery Bay is served by a comprehensive transport network that includes ferry services to Central, bus services to Tung Chung MTR Station, Sunny Bay MTR Station and Hong Kong International Airport. A Free Ride is offered to diners at designated restaurants1 at Discovery Bay. Both urban and Lantau taxis can access Auberge Discovery Bay Hong Kong through the Discovery Bay Tunnel, providing a convenient alternative for residents and visitors alike.
1 Designated restaurant include: 22˚North, Cali-Mex, Coyote Mexican Cantina, Ebeneezer’s, Figos, First Korean Restaurant, Shanghai Breeze, Hemingways, iL Bel Paese, Island Cafe, Koh Tomyums, McSorley’s Ale House, Mirch Masala, MooFish, Pascucci Italian Caffe & Fine Food, PizzaExpress, Solera Spanish Restaurant, Taste of Thai, Three Sheets Marquee Bar, Viet Bu Tong Kitchen & Bar and Zak’s
2 Dine ‘N Ride offer is valid only for dinner consumption (6pm to 11:30pm) from Monday to Friday, and for lunch / dinner consumption (12 noon to 11:30pm) on Saturday, Sunday and public holidays. Customers should redeem and use the offer within the day of consumption. The “Dine ‘N Ride Service Counter” is located at the glass house near Discovery Bay Pier.
#DiscoveryBay
Zhuhai Port Completes the Acquisition of 11.96% Interest in Tian Lun Gas, Officially Becomes the Second Largest Shareholder
Enters into Strategic Cooperation Agreement with Zhuhai Port to Explore In-depth Cooperation in the Field of New Energy
HONG KONG SAR – Media OutReach – 15 July 2021 – China Tian Lun Gas Holdings Limited (1600.HK) (“Tian Lun Gas” or the “Company“, together with its subsidiaries, the “Group“) announced that the Board of the Company was informed by Mr. Zhang Yingcen, the controlling shareholder of the Company, that the share purchase agreement with IFC Global Infrastructure Fund, LP and International Finance Corporation (“IFC“) and the share disposal agreement with Zhuhai Port Co., Ltd. (“Zhuhai Port“, SZSE stock code: 507.SZ) have been completed on 14 July 2021 and 15 July 2021 respectively. Immediately upon completion of the aforementioned transactions, IFC ceased to be a substantial shareholder and Zhuhai Port (Hong Kong) Development Co., Limited, a wholly-owned subsidiary of Zhuhai Port, became the second largest shareholder, holding 11.96% of the total issued shares capital of the Company.
Tian Lun Gas also entered into a 5-year strategic cooperation agreement (the “Strategic Cooperation Agreement“) with Zhuhai Port on 15 July 2021, both parties agreed to establish a long-term, stable, win-win and comprehensive strategic partnership, as well as to continuously deepen and explore the cooperation between both parties in the field of new energy. The Company utilizes its gas terminal market and service capabilities deployed nationwide, whereas Zhuhai Port utilizes its investment and technological advantages in the field of new energy, thus both parties will be able to share their resources, achieve co-development, and explore the construction of a new energy service system which combines both new energy technology, such as wind power and photovoltaics, and traditional gas services.
Pursuant to the Strategic Cooperation Agreement, the parties will cooperate in the following three aspects:
1. In order to grasp the strategic opportunities arising from the “double-carbon” target, both parties will, on the foundation of the Company’s original natural gas industries, combine Zhuhai Port’s layout in the field of new energy with the Company’s customer resource advantages across the country, jointly investigate the application scenarios and industrial cooperation opportunities of various types of new energy, and focus on exploring cooperating opportunities in areas such as photovoltaics, wind power, energy storage, hydrogen energy and carbon emission reduction.
2. Being the fastest growing segment in Zhuhai Port’s three major business segments, the key strategic directions of new energy industry are domains such as the development and operation of affordable photovoltaic power station, energy storage ancillary industries, and the utilization and development of hydrogen energy. The Company relies on the customer resources that have been accumulated in its urban gas business, and both parties will make full use of their respective resources. While deepening the depth of cooperation and communication among their respective quality business segments, both parties will actively explore the green hydrogen production in photovoltaic and wind power stations as well as its application scenario when combining with natural gas.
3. Both parties will combine the Company’s advantage as a pioneer of rural gasification, continue proceeding with rural revitalization, and explore the combined application of rooftop distributed photovoltaic development with natural gas. And by integrating with Zhuhai Port’s technological advantages in clean energy fields such as wind power, photovoltaic, and natural gas power generation, both parties will jointly carry out in-depth research in the areas such as rural distributed photovoltaic, distributed heat supply, and clean energy comprehensive application plans, so as to assist villages in building a multi-energy synergy and complementary efficient energy system, accelerating rural clean energy replacement, and thus improving the life quality of residents.
Zhuhai Port is a company listed on the SZSE (stock code: 507.SZ) and is principally engaged in port shipping logistics, new energy and advanced manufacturing. In recent years, Zhuhai Port has vigorously developed the new energy sector, including power energy, new energy industry and pipeline gas. Power energy is principally engaged in the investment, operation and service of photovoltaic, wind power, natural gas power, coal-fired power and other energy sources, and has controlling interests in seven wind power plants nationwide. The key strategic direction of its new energy sector is the development and operation of grid-parity photovoltaic power stations, energy storage ancillary industry, and hydrogen energy utilization and development etc. Relying on the concession rights for piped gas business in the western region of Zhuhai granted by the Zhuhai Municipal Government, it engages in the pipeline gas construction, operation and maintenance in the Hengqin New District of Zhuhai and the western urban areas of Zhuhai City.
About China Tian Lun Gas Holdings Limited (Stock Code: 1600.HK):
China Tian Lun Gas Holdings Limited is one of the early private enterprises engaged in urban gas business in China. The Group’s main business covers urban gas operation, long-haul transmission pipelines and industrial direct supply business, gas filling stations and LNG plant business. Tian Lun Gas was listed on the Main Board of the Hong Kong Stock Exchange on 10 November 2010. After 10 years of vigorous expansion, Tian Lun Gas has rapidly grown from a regional urban gas company rooted in Henan to one of the major gas operators and distributors with the most growth potential layout in important provinces across the country. Currently, Tian Lun Gas has 67 urban gas projects in 16 provinces in China. Tian Lun Gas was selected in the Shenzhen-Hong Kong Stock Connect (港股通), as well as selected as a constituent stock of the Hang Seng Index and included in MSCI in 2019.
#ChinaTianLunGas