BALI, Indonesia, Aug. 13, 2025 /PRNewswire/ — Building upon the undeniable popularity of its renowned beach–front mediterranean dining destination, Padma Hotels today unveils the expanded indoor extension of SKAI Bar & Grill at Padma Resort Legian. This new addition seamlessly continues the beloved seaside ambience into a lush garden–framed lounge, offering an intimate 34–seat setting for guests who crave the signature open–flame experience in a fresh, elevated atmosphere.

“Since opening our beach–front SKAI Bar & Grill, guests have fallen in love with the blend of ocean breezes, sunset views, and our fire–driven cuisine,” said Kristanti Tannady, General Manager, Padma Resort Legian. “With this extension, we’re honouring that spirit while creating a new stage for grill artistry, just steps away from the waves.”

A Natural Continuation of Coastal Charm

Just beyond the shoreline dining deck, the new terrace feels like a secret garden birthed from the original SKAI concept. Floor–to–ceiling windows complemented by verdant plantings and sculpted laser–cut screens that frame the golden hour in warm, dappled light. Hand–woven seating in driftwood grey and sandy taupe mirrors the beach’s natural palette, ensuring the extension remains a true kin to its waterfront origins.

Here, the Levantine–inspired creations flourish: imagine tender cuts anointed with fragrant za’atar, sumac–bright citrus glazes, and smoked–paprika pastes, each dish enhanced by the gentle sea breeze that drifts through planted alcoves and the soft glow of artisan lanterns overhead. This is seaside warmth, redefined through the spice and soul of the Eastern Mediterranean.

Why Mediterranean? A Culinary Story

SKAI’s concept was born from Padma’s desire to blend Bali’s rich local hospitality with the warm, convivial spirit of the Eastern Mediterranean. Imported ingredients—such as hand-harvested za’atar from Lebanon and Californian citrus preserved with Greek sea salt—anchor a menu that is now recognised as one of the most comprehensive Mediterranean offerings in Legian.

“We saw a clear guest appetite for bold spice blends, grilled meats, and shared-plate dining—hallmarks of Mediterranean culture,” adds Kristanti Tannady. “Our new indoor kitchen theatre showcases everything from dry-aged Angus Tenderloin to Ibérico Pork Chop Pata Negra, all paired with our famed wood-smoked sourdough.”

Grill Theater, Extended

At the heart of this expansion lies an open–kitchen pavilion; an exact mirror of the passion and precision found at the beach–front area. The chefs are artisans in motion, where every sizzle and pop becomes part of the evening’s performance, manipulating glowing embers and artisan charcoal with its primal beauty of fire and flavour, revealed in full, blending to deliver SKAI’s hallmark signature cuts: Angus Tenderloin, Grass–Fed MB3+ and Pork Chop Pata Negra Ibérico, among others. The dry–aging chamber is now showcased side by side on rustic maple boards, beckoning guests to explore even deeper layers of flavour in a fresh and elegant setting.

To personalise every bite, diners are invited to choose the expansive selection of salt, where a curated selection, from wood–smoked sea salt to herb–infused and zesty citrus blends, awaits their finishing flourish. And no grill experience is complete without our house–made sourdough, celebrated across Legian for its crackling crust and delightfully chewy crumb—the perfect companion for mopping up every last drop of jus.

Experience SKAI Bar and Grill Firsthand

From the first spark of ember to the final crumb of sourdough, every moment is designed to delight the senses. Secure your reservation today, and be among the first to witness the flame-driven journey into Mediterranean elegance.

For more information about Padma Hotels and to explore each property’s latest offerings, please visit PadmaHotels.com

About Padma Resort Legian

Padma Resort Legian is a five-star resort in Bali that comes under the banner of Padma Hotels management. It is encompassed within a 6.8 hectare parcel of tropical landscape overlooking Bali’s legendary sunset beach and is just 15 minutes from Ngurah Rai International Airport. The resort is an uplifting environment where guests can experience the fun of an artistic lifestyle. Accommodation is a collection of 432 comfortable rooms and suites, each with its own private balcony or terrace for heightened relaxation. Some exciting changes are currently in the making at Padma Resort Legian, stay tuned for further updates.

About Padma Hotels

Previously known as Sekar Alliance Hotel Management, Padma Hotels has two exclusive properties on the island of Bali, hillside town of Bandung and industrial area in Karawang. All of them are inspired by the rich artistry and cultural heritage of these unique locations. This is reflected through the design aesthetic as well as the gracious hospitality of each property. Padma Hotels is committed to the care and comfort of its guests through dedicated service and up-to-date facilities. Padma Resort Legian and Padma Resort Ubud are the perfect introduction to the carefree ambiance of tropical living, Padma Hotel Bandung uplifts the senses with breathtaking natural scenery while Resinda Hotel Karawang, managed by Padma Hotels is the new oasis in the center of industrial area.

“No.1 Meets No.1” – A Legendary Collaboration Redefining Excellence

HONG KONG, Aug. 13, 2025 /PRNewswire/ — Renowned Hong Kong heritage brand Wong To Yick Wood Lock Medicated Balm today announced its groundbreaking partnership with Cantopop Diva Joey Yung as its first-ever brand ambassador. This landmark collaboration—“No.1 Meets No.1”—showcases Wong To Yick’s undisputed leadership as Hong Kong’s No.1 Muscle Pain Reliever¹ and No.1 in the Medicated Oil Segment², while leveraging Joey Yung’s global influence to elevate the brand’s legacy of professionalism and trust to new heights.

[High-resolution promotional photo download: Here]

A Legendary Union: Excellence Meets Excellence

The collaboration between Wong To Yick and Joey Yung is rooted in shared values of perseverance and excellence. Wong To Yick Wood Lock Medicated Balm has dominated Hong Kong’s pain relief market for over half a century, maintaining its position as the No.1 Muscle Pain Reliever^[1] and No.1 in the Medicated Oil Segment^[2] (by sales volume and value) for three consecutive years. Meanwhile, Joey Yung, renowned for her unparalleled dedication and resilience, embodies the brand’s spirit of “growing stronger through challenges.”

“ Wong To Yick Wood Lock Medicated Balm has been a trusted part of my life since childhood,” shared Joey Yung. “Whether it’s post-performance muscle fatigue or soreness from daily training, it delivers fast, effective relief. My personal experience aligns perfectly with the brand’s ethos of perseverance and strength.”

Wong To Yick & Joey Yung: Join Forces to Pioneer a New Brand Era

This landmark partnership between Wong To Yick Wood Lock Medicated Balm and Cantopop music icon Joey Yung marks a transformative milestone for this Hong Kong heritage brand with over half a century of history. As the brand’s first-ever ambassador, Joey Yung will leverage her widespread influence and positive public image to help redefine Wong To Yick’s identity—breaking free from traditional Chinese medicine stereotypes and cultivating a more youthful, fashionable brand appeal.

On the marketing front, Wong To Yick will launch a comprehensive promotional campaign, including high-end TV commercials that highlight the product’s efficacy alongside Joey’s star power, large-scale outdoor advertisements to amplify brand visibility, interactive social media initiatives to engage younger consumers, and strengthened retail partnerships to ensure optimal product availability and presentation. All marketing efforts will center on the theme “Perseverance, the Champion’s Choice,” seamlessly blending Joey Yung’s superstar persona with the brand’s professional credibility—reshaping modern consumers’ perception of premium Chinese herbal remedies.

Wong To Yick places consumer trust at the forefront, particularly in combating counterfeit products. The brand has established a robust anti-counterfeiting system and will roll out multi-tiered educational initiatives, including detailed authenticity guides on official websites and social platforms, empowering consumers to identify genuine products with ease. As the ambassador, Joey Yung shared, “As a Hong Kong native, I have unwavering faith in the words ‘Made in Hong Kong.’ Wong To Yick’s decades of consistent quality reflect not just a product commitment but the very essence of Hong Kong’s spirit. Every authentic bottle embodies this dedication and integrity.”

Since its founding in 1968 by Mr. Wong To Yick, the brand has remained steadfast in its Hong Kong manufacturing roots, using premium natural herbal ingredients to uphold the highest quality standards. Looking ahead, Wong To Yick will continue to embrace its “Growing Stronger Through Challenges” ethos, innovating while honoring tradition, to deliver superior health products to global consumers—ensuring this half-century legacy of craftsmanship endures for generations to come.

^[1] Sales Value (HK$) and Sales Volume (KG/LITRE) in the Muscle Pain Reliever category from Feb 2022 – Jan 2025. (Copyright © 2025, NielsenIQ)
^[2] Sales Value (HK$) and Sales Volume (KG/LITRE) in the Oil segment of Muscle Pain Reliever category from Feb 2022 – Jan 2025. (Copyright © 2025, NielsenIQ)

About Wong To Yick Wood Lock Medicated Balm

Wong To Yick Wood Lock Medicated Balm: A Hong Kong Legacy Spanning Over Half a Century

Brand Heritage

“Pain stems from blockage; relief comes from flow.” This ancient Chinese medical philosophy has been the lifelong guiding principle of Mr. Wong To Yick, founder of Wong To Yick Wood Lock Medicated Balm. As an iconic Hong Kong brand established in the 1960s and now in its second generation of leadership, Wong To Yick has remained steadfast in its original mission through decades of societal change, upholding the artisan spirit of “mastering one craft with relentless dedication.”

In 1968, Mr. Wong began his journey from a humble herbal tea shop in Sham Shui Po, combining decades of medical expertise with the essence of traditional Chinese medicine. Through rigorous clinical trials and formula refinement, he developed this revolutionary liniment with unparalleled penetrating efficacy. From grassroots word-of-mouth recognition to becoming an internationally renowned authority in Chinese herbal medicine, the product’s “activate circulation, relieve pain” benefits have made it a testament to Hong Kong’s excellence in traditional medicine.

Commitment to Craftsmanship

For over 50 years, Wong To Yick Wood Lock Medicated Balm has embodied the philosophy of “a lifetime devoted to perfecting one art.” Amidst changing times, the brand maintains 100% Made-in-Hong Kong integrity, with stringent quality control across every step of production at its self-operated factories in Kwai Chung and Yuen Long. From sourcing premium global herbal ingredients to blending time-honored techniques with modern technology, each bottle undergoes 18 meticulous processes to meet international pharmaceutical standards.

The Hong Kong Spirit & Brand Promise

To Wong To Yick, “Made in Hong Kong” is more than a label—it’s an enduring pledge. For over half a century, we’ve preserved traditional medicine craftsmanship with an artisan’s heart, ensuring every bottle upholds a solemn promise to consumer well-being.

The brand is built on three core values:

• Efficacy: Time-tested formulas rooted in ancient wisdom
• Safety: Naturally sourced herbs with rigorously monitored production
• Trust: Uncompromising quality consistency for 50+ years

As brand ambassador Joey Yung reflects, “This isn’t just a liniment—it’s the crystallization of Hong Kong ingenuity.” From a Sham Shui Po shop to global markets, Wong To Yick epitomizes the true Hong Kong spirit: upholding professional essence through change while pursuing excellence through refinement. Every drop tells the story of Hong Kong’s “do one thing perfectly” perseverance.

This commitment has made Wong To Yick Wood Lock Medicated Balm a collective memory across three generations of Hong Kongers and an indispensable safeguard in countless household medicine cabinets. We believe genuine Hong Kong spirit isn’t measured by scale, but by an unyielding dedication to quality that stands the test of time.

For media inquiries, please contact:

Wong To Yick Wood Lock Oinment Limited.

Marketing & Sales Department
Tel: +852 2409 0920 | Email: info@wongtoyick.com.hk 

Official Channels:

Website: www.wongtoyick.com.hk
Facebook: https://www.facebook.com/Wongtoyick.com.hk
Instagram: https://www.instagram.com/wongtoyick/  

PR Agency:

SORTIE Agency Limited
Tel: +852 2855 6896 | Email: info@sortieagency.com 

PROVIDENCIALES, Turks and Caicos Islands, Aug. 13, 2025 /PRNewswire/ — The globally leading cryptocurrency exchange KuCoin today announced a collaborative exploration with the digital financial infrastructure platform AlloyX to introduce Real-World Asset (RWA) tokens into the exchange’s collateral mechanisms. This partnership will pilot the integration of RWA token RYT, issued by a traditional licensed asset management company, into KuCoin’s Off-Exchange Settlement (OES) system for credit line management. The mechanisms will be gradually optimized and expanded based on market feedback.

This collaboration incorporates tokenized products from the “ChinaAMC USD Digital Money Market Fund,” issued by a traditional large-scale asset management institution—China Asset Management (Hong Kong) Limited—into the exchange’s credit system. It represents a new attempt to drive ongoing innovation in RWA application scenarios, further penetrating and establishing connections between Web2 and Web3 assets.

Crossover Initiative: Tokens Backed by Traditional Fund Assets Enter the Exchange Credit System

China Asset Management (Hong Kong) Limited is a wholly-owned subsidiary of China Asset Management Co., Ltd., and is one of the earliest Chinese asset management institutions in Hong Kong to conduct overseas business. It is the issuer of the underlying asset for the RYT token—the “ChinaAMC USD Digital Money Market Fund.” This fund is one of Asia’s first tokenized USD funds targeted at retail investors, with fund units available for subscription and redemption in token form.

Under this partnership mechanism, KuCoin will include RYT in its credit collateral list. Users holding the token can apply for credit lines in their platform accounts to support related trading operations. Backed by secure mechanisms and authentic assets, this innovative attempt provides a new use case for RWA tokens: users can earn underlying yields through holding, allowing investors to configure money market fund tokens as conveniently as other on-chain assets and increase asset allocation diversity, while also activating asset leverage value through collateralization.

Notably, the underlying asset structure of RYT has undergone rigorous compliance design, with functions such as fund custodian banking, fund administration, and unit registration handled by Standard Chartered Bank in Hong Kong, offering a trustworthy asset chain under a traditional financial framework.

KuCoin CEO BC Wong stated: “KuCoin has always been committed to bridging traditional finance and the crypto world through innovation. This collaboration with AlloyX to explore RWA tokens as collateral mechanisms exemplifies our dedication to providing users with secure and compliant solutions. We emphasize trustworthiness and risk control—this partnership not only elevates the platform’s innovation level but also delivers reliable asset appreciation opportunities to global users, helping them manage digital assets more confidently in dynamic markets.“

AlloyX Co-Founder and CEO Thomas Zhu remarked: “Our focus has always been on how RWA, as an asset form, can deliver more authentic and sustainable economic functions on-chain. This cooperation with KuCoin is a pragmatic attempt centered on ‘collateral mechanisms and scenario building,’ not only offering users more possibilities for asset utilization but also providing the industry with opportunities for structural validation.“

Long-Term Significance: Activating Liquidity and Guiding Market Consensus

Although RWA is still in its early development stage, its potential in institutional design, risk control, and asset-side construction is increasingly recognized by financial technology institutions. In this collaboration, AlloyX and KuCoin are linking up around RWA collateral mechanisms—not just a product-level integration test but potentially a vanguard for subsequent market standards and practical paths.

From an industry perspective, incorporating traditional asset tokens as compliant collateral into mainstream exchange credit systems is expected to enhance the depth of RWA usage and liquidity, while also providing observable models for more asset issuers, platform operators, and regulators.

In this context, KuCoin stated that it will continue to deepen exploratory collaborations with various parties to bring more innovative value to global users.

About KuCoin

Founded in 2017, KuCoin is a leading global cryptocurrency platform serving over 41 million users across 200+ countries and regions. Built on cutting-edge blockchain technology, KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the “Best Crypto Apps & Exchanges” and a “Top 50 Global Unicorn” by Hurun, KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation under the leadership of CEO BC Wong. Learn more: https://www.kucoin.com/

About AlloyX

AlloyX Limited is a technology company that specializes in global stablecoin payments and asset tokenization. Committed to integrating traditional banking payment systems with blockchain services, AlloyX provides secure and efficient stablecoin payment services and asset tokenization solutions. The company aims to become Asia’s leading stablecoin payments infrastructure and RWA tokenization technology provider. AlloyX offers embedded stablecoin wallet services and integrates various blockchain and payment solutions into its wallet and payment middle platform. The AlloyX platform also provides comprehensive solutions for stablecoin storage, payments, settlement, investment, foreign exchange, and asset tokenization, promoting the global adoption and application of stablecoin payments and tokenization technologies.