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Agentic AI Unlocks 2X Conversions: Netcore Cloud’s ‘State of MarTech 2025’ Spotlights Early Adopter Advantage

Marketers embracing Agentic AI report up to 23% higher campaign performance, as 60% of consumers now expect AI-powered brand experiences.

JAKARTA, Indonesia, July 30, 2025 /PRNewswire/ — Netcore Cloud, a global MarTech leader, has unveiled its State of MarTech 2025 report, spotlighting the transformative rise of Agentic AI. Analysing over 1,000 top-performing campaigns executed across global brands, the report reveals that early adopters of Agentic AI have achieved 2X conversions.

Netcore Cloud unveils its State of MarTech 2025 report
Netcore Cloud unveils its State of MarTech 2025 report

Agentic AI is emerging as the marketer’s most powerful ally—automating workflows, running campaigns autonomously, and making decisions in real time at the speed of consumer intent. The report maps how intelligent AI agents are driving outcomes by aligning deeply with user behaviour, helping marketers scale personalisation, reduce acquisition waste, and increase lifetime value. Early adopters experimenting with affinity models, predictive segmentation, and content already see a 23% uplift in campaign performance. As brands optimize, benchmarks are expected to hit 30%-35% by year-end.

“Agentic AI is not just automation, it’s adaptive intelligence. Agentic AI bridges the gap between customer expectation and brand execution by bringing intelligence, agility, and precision to every touchpoint,” said Kalpit Jain, Group CEO, Netcore Cloud. “This report offers marketers a clear lens into what’s working, and why. It turns global campaign data into a blueprint for smarter decisions, empowering teams to confidently embrace AI-led strategy and execution.”

Built around a fresh marketing framework, the report decodes what consumers truly C.R.A.V.E. (Convenience, Rewards, AI, Videos, Eco-consciousness) and how brands must A.D.A.P.T. (Activate, Decode, Autonomize, Predict, Target). The report highlights five key consumer shifts: rising demand for one-tap convenience, gamified loyalty, snackable video content, AI-powered assistance, and sustainable brand engagement. Here’s how they’re reshaping consumer behavior and marketing priorities:

  • Speed now dominates the digital experience, with one-tap convenience becoming a baseline expectation.
  • Gamified rewards are no longer a novelty as they’re driving deeper, more addictive brand loyalty.
  • Snackable content continues to outperform long-form, capturing attention in an endless scroll environment.
  • AI is shifting roles, gaining trust as a personal advisor rather than functioning as just a back-end tool.
  • Sustainability has moved beyond virtue signaling and is now a core expectation from modern brands.

Nishant Arora, SVP – Marketing, Netcore Cloud, said, “The era of ‘guesswork marketing’ is over. Marketers no longer need more dashboards, they need decisive, intelligent action. Agentic AI marks a turning point, where systems don’t just inform decisions, they make them. Netcore’s Agentic AI doesn’t just interpret signals, it turns them into autonomous actions across the customer journey. This report distils how leading brands operationalise AI, offering marketers a proven path to scale with precision.”

For CMOs, growth leaders, and digital teams seeking clarity in a complex landscape, the State of MarTech 2025 report offers proof, perspective, and a path forward. The call to action is clear: unify data, embrace Agentic AI, and design for decision intelligence.

Unlock the full playbook for AI-led marketing. Download the full report here.

About Netcore Cloud

Netcore Cloud, a global leader in marketing technology, empowers marketers with its comprehensive Customer Engagement and Experience Suite to create personalized, omnichannel experiences. Leveraging AI to integrate customer data, Netcore enables targeted segments and meaningful digital interactions. Trusted by over 6,500 brands across sectors like Ecommerce, Retail, Banking and Financial Services, Media and Entertainment, and Travel, its marquee clients include Walmart, Unilever, Tommy Hilfiger, Domino’s, McDonald’s, Pizza Hut, and Crocs. For more information, visit netcorecloud.com

Yang’s Design Associates Shares Office Design Insights to Meet Evolving Workplace Needs

The firm delivers functional, productivity-driven commercial spaces through thoughtful design, custom craftsmanship, and integrated solutions.

SINGAPORE, July 30, 2025 /PRNewswire/ — Yang’s Design Associates, recently recognised with the Singapore SME 500 Award for business excellence, is stepping forward with expert insights on how office design can enhance performance, reinforce brand identity, and support employee wellbeing. Known for its tailored approach to commercial interiors, the firm shares practical knowledge shaped by real project experience across corporate, retail, and professional environments.

“Design is no longer just about aesthetics—it’s about how people feel and function in a space,” said Ivan Yang, Co-Founder of Yang’s Design Associates. “Our work focuses on translating business objectives into spatial outcomes that promote productivity and leave lasting impressions.”

Yang’s Design Associates offers a complete suite of services including Pre-lease Consultation, Design & Build, Design Consultancy, and Reinstatement. The firm’s in-house capabilities—ranging from custom carpentry to M&E (Mechanical & Electrical) works—allow for tighter coordination, cost efficiencies, and consistent quality throughout every phase of a project.

From dynamic space planning to the use of multi-functional work zones, their recent projects demonstrate how design choices directly impact team collaboration, focus, and company culture. The firm’s integrated model and hands-on approach make it a preferred partner for businesses seeking smart, adaptable commercial spaces.

“Our goal is to help businesses shape environments that are not only functional, but also deeply reflective of their identity and culture,” added Sky Tay, Co-Founder of Yang’s Design Associates. “We take pride in being a partner that understands the practical and emotional aspects of workplace design.”

To explore more insights or initiate a consultation, visit yangsassociates.com

ABOUT YANG’S ASSOCIATES:

Founded in 2017, Yang’s Design Associates is a leading Singapore-based interior design firm specializing in commercial spaces. The company offers end-to-end services including Pre-lease consultation, Design & Build, Design Consultancy, and Reinstatement. With a reputation for blending creativity with construction expertise, Yang’s Design Associates delivers customized, functional, and aesthetically impactful solutions for corporate offices, retail outlets, and more. Backed by a collaborative approach and deep understanding of Singapore’s business landscape, the firm empowers clients to transform their environments into productive, brand-reflective spaces.

Visit https://yangsassociates.com/ for more information or to request a free, non-obligatory consultation.

Media Contact:

Name: Ivan Yang & Sky Tay

Email: enquiries@yangsassociates.com 

Organization: Yangs Design Associates Pte Ltd

Address: 159 Sin Ming Road #04-04a Amtech building

Phone: +65 9729 8103

Website: https://yangsassociates.com/

Seafood Expo Asia Announces Conference Program with Expert-led Sessions on Sustainability, Aquaculture, Fish Processing, Aquafeeds and Consumer Trends in Asian Market

The conference program will begin on the first day of the Expo, which runs from 10-12 September 2025 at the Sands Expo and Convention Centre in Singapore, and continue throughout the three-day event.


SINGAPORE – Media OutReach Newswire – 30 July 2025 – Seafood Expo Asia, organized by Diversified, announces its 2025 conference program with a wide range of sessions and experts providing practical discussions around the major issues and opportunities facing the Asian seafood sector. Topics will cover aquaculture innovations, sustainable food systems and fish processing, the future of aquafeeds, data around seafood trends and consumer behavior in the region and more. As part of the program, a keynote address will be held by leading Asian economist, Mr. Manu Bhaskaran who will provide the industry with key insights into global trends and their implications for regional growth, currencies and investment strategies.

Conference Panel 1

Sustainability in Fish Processing, Supply Chains and Aquafeeds

Representatives from BAADER will give a presentation titled, “Harnessing Technology for Sustainable Fish Processing: Value Every Gram.” The discussion will touch on the evolving world of fish processing, advancements in automation, productivity and consumer trends. Transparency, sustainability, food safety and the importance of animal welfare for industry practices and expectations will be discussed.

A session titled, “Establishing Equitable, Sustainable and Accountable Seafood Supply Chains Across Asia,” with representatives from Seafood Legacy, Qingdao Marine Conservation Society and Resonance will delve into the urgent need to build sustainable food systems in the Asian region. The panel will discuss the increasing seafood demand among consumers, the risks involved in the depletion of fishery resources due to illegal, unreported, and unregulated (IUU) fishing and climate change and the need for improving working conditions.

In “The Future of Aquafeeds: Balancing Sustainability and Nutritional Excellence,” Dr. Enrico Bachis from The Marine Ingredients Organisation will address the challenges and opportunities to maintaining and expanding sustainable management practices across fisheries. The session will also discuss innovative approaches to optimizing the beneficial nutritional properties of fishmeal and fish oil.

Conference Panel 2

Aquaculture Advancements, Innovations and Market Access

Three leading aquaculture operators will share the latest advancements and innovative projects in the fish farming industry. The session will provide key stakeholders and seafood buyers with valuable insights into the current aquaculture landscape, while highlighting opportunities to build a more resilient and sustainable food system.

Speakers from FAO, Seafood Legacy and the National University of Singapore will share data around the growing influence of non-traditional trade provisions on fisheries and aquaculture and how they are reshaping the sector by addressing labor rights, environmental protection and sustainable development.

Seafood Market Consumer Trends, Insights and Dynamics in Southeast Asia

A session on seafood market trends in Southeast Asia and a look at what to expect in 2026 will analyze the diverse and rapidly evolving consumer base in the region that is driving investment. The panel will discuss the latest data to uncover seafood trends, how innovative products are reshaping the market and how the global supply chain will evolve by 2030. Panelists will include Åshild Nakken, Norwegian Seafood Council, Nicolas Brossard, Ocean Consult, Adam Wing, Seafood Scotland and Nicolas Thériault, New Brunswick Department of Agriculture.

Consumer insights shaping demand for seafood products across Asia, with a focus on sustainability, traceability and certification will be the focus of a panel discussion between speakers from Seafood Industries Association Singapore, The Fish Farmer and DNV. The session will provide valuable takeaways to help companies in the seafood supply chain align products and practices with the evolving needs of today’s consumers.

Additionally, a comprehensive analysis on shrimp market dynamics provided by S&P Global will explore the entire shrimp value chain, from feed production to the consumer, and focus on how trade disruptions reshape market dynamics, pricing and strategic outlooks for producers and buyers.

Seafood Expo Asia serves as a strategic platform gathering seafood suppliers from around the world and buyers from across Asia. Seafood professionals from across the supply chain will gather in one place to learn about new opportunities in the sector, build and strengthen business partnerships, discover the latest seafood products, processing equipment and services and learn about the latest trends in the Asian market. Seafood industry professionals can learn more about Seafood Expo Asia, find information on the conference program and other special events and register to attend for free by visiting www.seafoodexpo.com/asia.
Hashtag: #SEASIA25



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

Seafood Expo Asia

is a trade event where buyers from across Asia and industry suppliers from around the world come together to network and conduct business in the lucrative Asian market. The event is produced by Diversified and takes place annually in Asia. is the exposition’s official media covering industry news year-round.

HOW TO REGISTER: To register as media/press, please click .

To register as an attendee, please click .

About Diversified

Diversified is a global B2B events and media company that strengthens business communities by fostering a space, in person and online, for professionals and businesses to connect and grow. The company serves as a trusted partner across several industries including active lifestyle, business management, clean energy, commercial marine, healthcare, seafood, technology and more. The company’s global seafood portfolio of expositions and media includes Seafood Expo North America/Seafood Processing North America, Seafood Expo Global/Seafood Processing Global, Seafood Expo Asia and SeafoodSource.com. Established in 1949 and headquartered in Portland, Maine, the global company has divisions and offices around the world in Australia, Canada, Hong Kong and the United Kingdom. Diversified is a third-generation, family-owned business. For more information, visit: .

Suanova Information, a Yeebo’s Subsidiary, Makes Its Debut at the 2025 WAIC

Securing a Key Role in China’s AI Computing Power Sector Driving Industry Innovation and Development


HONG KONG SAR – Media OutReach Newswire – 30 July 2025 – Suanova Information (Shanghai) Limited (“Suanova Information”), a wholly-owned subsidiary of Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 259, which together with its subsidiaries is referred to as the “Group”) made its debut at the 2025 World Artificial Intelligence Conference (“WAIC”) held in Shanghai from 26 to 29 July, and hosted a major forum.

Suanova Information, under Yeebo, focuses on three business areas covering compute power and cloud operations, computing industry investment and computing technology development. It aims to accelerate the deep integration and application of AI across various sectors through independent innovation. As a domestic cloud computing pioneer, Suanova Information offers professional, independent, and innovative one-stop services to enterprises in China. With branches in Hong Kong and Shanghai, it provides customers with better localized services. Leveraging strategic investments, partnerships, and an openness to new technologies, Suanova Information has developed solid and full-stack service capabilities, from core components to application deployment, solidifying its position as a major player in mainland China’s AI compute.

At the 2025 WAIC, Suanova Information, alongside several technology companies from its computing investment portfolio, presented its comprehensive industry ecosystem to attendees from around the world. Together, they showcased various core computing components, solutions, and practical case studies.

Suanova Information also leveraged this opportunity to demonstrate its compute power and cloud operational capabilities. The Group currently manages advanced, fully autonomous AI computing infrastructure in Hong Kong and Shanghai – the “Harvest” series intelligent computing centers. These centers operate Artificial Intelligence Data Centers (“AIDC”) housing over 3,000 GPU card clusters. Their client base spans industry and research institutions, including Tsinghua University, Fudan University, Shanghai Jiao Tong University, Shanghai Artificial Intelligence Laboratory, Institute for Advanced Algorithms Research, Shanghai, and Hong Kong Broadband Network (“HKBN”). The “Harvest” series clusters are distinguished by their leading domestic localization, high-grade network and high-speed storage, seamless integration with public and computing clouds, flexible delivery models, an independently controllable private computing platform, and high-level SLA services, all designed to provide clients with stable and efficient AI computing support.

Beyond its role as an exhibitor, Suanova Information, together with its industry chain partners, hosted the “Suanova Information: Intelligent Convergence in the East, Connecting Global Ecosystems Forum” in the afternoon of 27 July. The forum focused on two major topics: “Domestic Full-Stack Integration” and “Shanghai-Hong Kong Cooperation Towards the World”. It convened domestic and international experts, academics, and industry leaders to discuss the latest advancements in computing and AI technology, explore industry ecosystem collaboration, and address the opportunities and challenges for Chinese technology expanding globally.

The forum commenced with an opening speech by Mr. Zhang Hongtao, Deputy Director of the Shanghai Municipal Commission of Economy and Informatization, followed by a welcome address from Mr. Fang Yan Tak, Douglas, Chairman of Yeebo. The forum featured keynote speeches from academic and industry leaders, including Professor Tim Kwang Ting Cheng, Vice-President for Research and Development of the Hong Kong University of Science and Technology; Mr. Wang Yanfeng, Executive Dean of the School of Artificial Intelligence at Shanghai Jiao Tong University and Chairman of the Board of Directors of Shanghai Jiao Tong University Industrial Innovation Research Institute; Dr. Suo Guang of KylinSoft Corporation; Mr. Xu Runan, Senior Vice President and President of the Cloud and Computing Storage Product Line at H3C Technologies Co., Ltd.; and Dr. Denis Yip, President and Group Chief Operating Officer of HKBN Group. Additionally, academic experts, founders, and senior management teams from various renowned universities and enterprises participated in panel discussions and sharing sessions. During the forum, guests shared the story behind the creation of the domestic high-density cabinet, “Shanghai Cube,” and their experiences in building and operating the first “Shanghai-produced card” computing power cluster with a thousand-card scale.

In his welcome address, Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, remarked: “The aspiration of Suanova Information is to provide crucial financial support to outstanding technology enterprises, and to do everything to assist the companies we invest in, especially during challenging times. Suanova Information is committed to being a pioneer in the market, leading the charge in the adoption of domestic AI products powered by Chinese computing capabilities. We believe in fostering open partnerships, and aim to bring exceptional ‘Shanghai Solutions’ and Chinese technology to the market – from Shanghai to Hong Kong, and from China to the world.”

Through the significant effort and investments in AI compute and related businesses in the past two years and Yeebo has established itself as one of the key players in the AI arena in mainland China. Leveraging targeted investments in scalable infrastructure, strategic partnerships, and an open-minded approach to emerging technologies, Yeebo has built a foundation that aligns with the accelerating demand for AI solutions across industries. These initiatives not only strengthen Yeebo’s competitive positioning but also reinforcing its commitment to delivering consistent growth in a rapidly evolving market. Yeebo’s strategic groundwork laid in AI compute and related businesses has positioned the Group for meaningful and sustained growth in the years ahead.

Hashtag: #Yeebo #Suanova

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

About Yeebo (International Holdings) Limited

Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company with a well-established presence in the global market. The Company’s core business spans flat panel displays, OLED technologies and capacitors, serving a broad spectrum of industrial and consumer applications. Headquartered in Hong Kong, Yeebo operates its manufacturing operations primarily in the Guangdong and Jiangsu provinces, supporting a global sales network that ensures localized service and support for its international clientele.

In alignment with its long-term strategic vision, Yeebo is leveraging its robust operational foundation to expand into the Artificial Intelligence (“AI”) compute and related sectors. This initiative reflects the Company’s commitment to innovation and technological advancement, with the objective of positioning Yeebo as a leading and influential participant in the rapidly evolving AI industry across mainland China and Hong Kong.

Through its new collaboration with Thunes, EzyRemit unlocks real-time payments to over 45 countries

EzyRemit Scales Cross-Border Payments with Thunes to Empower Expatriate Communities Globally

SINGAPORE, July 30, 2025 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, announces a new collaboration with EzyRemit, one of the fastest-growing digital money transfer operators, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.

EzyRemit has offices in Australia, Japan, New Zealand, Canada, the US and Vietnam, and provides cross-border payment services to over 150 countries worldwide. Through its direct integration into Thunes’ proprietary Direct Global Network, EzyRemit now offers customers access to real-time payouts to billions of mobile wallets, bank accounts, cards, and cash pickup locations in over 45 countries across Asia, Africa, Europe and the Americas. Users can send money seamlessly across borders with the speed and transparency today’s digital customers expect, transforming the customer experience

The collaboration is especially impactful in high-volume outbound payment corridors such as Australia to the Philippines, where millions of expatriates and overseas workers regularly send money back home to support loved ones. In 2025, over US$183 million is expected to be sent from Australia to the Philippines through digital remittances, with the amount projected to grow by more than 8% each year until 2029.

With Thunes’ robust real-time payment infrastructure, EzyRemit is now better equipped to meet the needs of these communities, ensuring transfers are fast, simple and secure, with a strong springboard for further global expansion. Thunes’ Fortress Compliance Platform provides peace of mind over the security of transactions, and the Thunes’ SmartX Treasury System supports transparent and flexible FX management.

Andrew Stewart, Chief Revenue Officer at Thunes, said: “EzyRemit’s focus on providing seamless, real-time cross-border payments to empower overseas communities aligns perfectly with Thunes’ mission to enable the next billion end users to participate in the global economy. Together, we’re making international money movement faster, more transparent and more inclusive.”

Allan Nguyen, Co-founder of EzyRemit, added: “Our alliance with Thunes unlocks endless new opportunities for us and our customers. We’re now able to deliver seamless, real-time payments to more parts of the world than ever before. Our mission is to empower overseas communities with fast, secure, and affordable financial solutions, and the ability to leverage Thunes’ trusted Network helps us to make that a global reality.”

ENDS

About Thunes:

Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ Network connects directly to over 7 billion mobile wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in Singapore, Thunes has offices in 14 locations, including Atlanta, Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco and Shanghai. For more information, visit: https://www.thunes.com/

About EzyRemit:

EzyRemit is one of the fastest-growing global fintech companies specializing in cross-border money transfers. Headquartered in Australia, EzyRemit operates in Japan, New Zealand, Canada, the United States, and Vietnam, and supports transfers to over 150 countries. Its platform connects users to a wide range of payout options including bank accounts, mobile wallets, cards, and cash pick-up points, offering secure, fast, and affordable remittance services for diaspora communities worldwide.

With a strong focus on innovation and financial inclusion, EzyRemit integrates with global networks to deliver real-time, transparent transactions. The company is rapidly expanding its international footprint, with strategic growth in key financial hubs such as Singapore and the United Kingdom, aiming to empower global citizens through seamless and trusted cross-border payment experiences. Visit: https://ezyremit.com

A Paradise Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

HONG KONG, July 30, 2025 /PRNewswire/ — A Paradise Acquisition Corp. (the “Company”), a blank check company incorporated as a British Virgin Islands business company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right. Each right entitles the holder to receive one-eighth (1/8) of one Class A ordinary share upon consummation of the Company’s initial business combination. The units are expected to trade on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “APADU” beginning on July 30, 2025. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to trade on Nasdaq under the symbols “APAD” and “APADR,” respectively.

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC  is acting as the sole book-running manager for the offering.

The Company has granted the underwriter a 45-day option to purchase up to 3,000,000 additional units at the initial public offering price less the underwriting discount to cover over-allotments, if any. The offering is expected to close on July 31, 2025, subject to customary closing conditions.

A registration statement on Form S-1 (File No. 333-287505) (the “Registration Statement”) relating to the securities to be sold in the initial public offering, as amended, was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on July 29, 2025. The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, New York 10019, Attention: Prospectus Department, or by email at capitalmarkets@cohencm.com. Copies of the registration statement can be accessed for free through the SEC’s website, www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About A Paradise Acquisition Corp. 

A Paradise Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. A Paradise Acquisition Corp. intends to focus on businesses in the leisure and entertainment sector.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

EQT Announces USD 2.7 billion Tender Offer to Privatize Fujitec

  • EQT intends to make a USD 2.7 billion tender offer to privatize Fujitec, a leading Japanese manufacturer of elevators and escalators
  • EQT is committed to supporting and expediting Fujitec’s next phase of growth by working closely with management to enhance operational capabilities, accelerate digitalization, and expand in key markets
  • Fujitec represents a high-quality platform with strong engineering capabilities, reliable service operations, and a long-standing reputation for quality and safety.

TOKYO, July 30, 2025 /PRNewswire/ — EQT announced today that BPEA Private Equity Fund IX (“EQT”) intends to make a USD 2.7 billion tender offer (“Tender Offer”) to privatize Fujitec Co., Ltd. (“Fujitec” or the “Company”; ticker symbol: TSE 6406), a leading Japanese manufacturer of elevators and escalators. This marks the largest sponsor-led take-private deal in Japan year-to-date and EQT’s largest buyout in Japan since establishing its Tokyo office in 2006.

Founded nearly 80 years ago and headquartered in Shiga, Japan, Fujitec is recognized for its innovative solutions in elevators, escalators, and moving walks. As the only independent, full-scope elevator and escalator original equipment manufacturer in Japan, Fujitec has established a strong presence with strong brand equity in 24 markets globally. 

Following the successful privatization of the company, EQT will own 85% of the Company with the Founding Family rolling over a 15% minority stake. EQT is committed to supporting and expediting Fujitec’s next phase of growth by working closely with management to enhance operational capabilities, accelerate digitalization, and expand in key markets – particularly in Japan, India, North America and Southeast Asia. EQT will also bring its industrial advisor network and active ownership model to help strengthen the Company’s position globally. Fujitec represents a high-quality platform with strong engineering capabilities, reliable service operations, and a long-standing reputation for quality and safety.

Takanobu Hara, Partner in the EQT Private Capital Asia advisory team, said: Japan is home to some of the world’s most sophisticated manufacturing capabilities, and we see tremendous long-term potential in the market. With four transactions in the past two months – ranging from new partnerships to strategic exits – EQT’s recent momentum reflects both our growing presence and deep conviction in Japan. We are proud to partner with Fujitec and its team to build on its legacy of innovation and quality. Together, we aim to help future-proof the business by enhancing competitiveness, driving digital transformation, and accelerating global expansion – leveraging EQT’s sector expertise, strong track record of supporting industrial technology companies, and long history of working alongside management teams to drive sustainable growth.” 

With this transaction, BPEA Private Equity Fund IX is expected to be 5-10% percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication) based on target fund size and subject to customary regulatory approvals.

Please note that the commencement and consummation of the Tender Offer are subject to conditions.

The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of BPEA Private Equity Fund IX will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration.

Regulations on Solicitation
This press release is intended to provide information relating to the Tender Offer to the public and has not been prepared for the purpose of soliciting an offer to sell shares. If shareholders wish to sell their shares, they should first read the Tender Offer Explanation Statement concerning the Tender Offer for information on the means by which they may tender their shares in the Tender Offer. This press release shall neither be, nor constitute a part of, an offer to sell or purchase, or solicitation to sell or purchase, any securities in any jurisdiction in which such an offer or solicitation to sell or purchase securities may not be permitted, and neither this press release (or a part of this press release) nor its distribution shall be interpreted to constitute the basis of any agreement in relation to the Tender Offer, and this press release may not be relied upon at the time of entering into any such agreement.

US Regulations
The Tender Offer shall be implemented in compliance with the procedures and information disclosure standards provided by the Financial Instruments and Exchange Act of Japan, which procedures and standards are not necessarily identical to the procedures and information disclosure standards applied in the United States. Specifically, Section 13(e) or Section 14(d) of the U.S. Securities Exchange Act of 1934 (as amended; “Securities Exchange Act”) or the rules promulgated under such Sections do not apply to the Tender Offer, and the Tender Offer is not necessarily in compliance with the procedures and standards thereunder. Any financial information in this press release has been prepared based on Japanese generally accepted accounting principles and may not necessarily be directly comparable to financial statements of companies in the United States. In addition, shareholders may not be permitted to commence any legal procedures in courts outside the U.S. against non-U.S. corporations or their directors based on a breach of U.S. securities laws. Furthermore, U.S. courts are not necessarily granted jurisdiction over non-U.S. corporations or their directors.

The financial advisors of the tender offeror or the Company, and the tender offer agent and their respective affiliates may, within their ordinary course of business, purchase, or conduct any act toward the purchase of, the shares of the Company for their own account or for their customers’ accounts outside the Tender Offer prior to the commencement of, or during, the period of the Tender Offer in accordance with the requirements of Rule 14e-5(b) under the Securities Exchange Act to the extent permissible under the financial instruments and exchange laws and other applicable laws and regulations in Japan. If any information concerning such purchase is disclosed in Japan, the disclosure of such information will be made in the United States in a similar manner. 

The tender offeror and its affiliates may purchase, or conduct any act toward the purchase of, the shares of the Company prior to the commencement of the Tender Offer in accordance with the requirements of Rule 14e-5(b) under the Securities Exchange Act to the extent permissible under the financial instruments and exchange laws and other applicable laws and regulations in Japan, and to the extent described in this press release. If any information concerning such purchase is disclosed in Japan, the disclosure of such information will be made in the United States in a similar manner.

If shareholders exercise their right to demand purchase of shares less than one unit in accordance with the Companies Act, the Company may purchase its own shares during the tender offer period in accordance with legal procedures.

All the procedures in connection with the Tender Offer shall be taken in the Japanese language. While a part or all of the documents in connection with the Tender Offer may be prepared in English, the Japanese documents shall prevail in case of any discrepancies between Japanese documents and corresponding English documents.

This press release contains “forward-looking statements” as defined in Section 27A of the U.S. Securities Act of 1933 (as amended) and Section 21E of the Securities Exchange Act. The actual results may be grossly different from the projections implied or expressly stated as “forward-looking statements” due to known or unknown risks, uncertainties or other factors. None of the tender offeror, the Company or any of their respective affiliates assures that such express or implied projections set forth herein as “forward-looking statements” will eventually prove to be correct. “Forward-looking statements” contained herein were prepared based on the information available to the tender offeror as of the date of this press release and, unless required by laws and regulations, neither the tender offeror nor its related parties including related companies shall have the obligation to update or correct the statements made herein in order to reflect the future events or circumstances.

Other National Regulations
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Fujitec

Harbour BioMed to Present Phase II Data of HBM4003 and Tislelizumab Combination in MSS Metastatic Colorectal Cancer at ESMO 2025

CAMBRIDGE, Mass., ROTTERDAM, Netherlands and SHANGHAI, July 30, 2025 /PRNewswire/ — Harbour BioMed (HKEX: 02142), a global biopharmaceutical company focused on the discovery and development of novel antibody therapeutics in immunology and oncology, today announced that it will present Phase II clinical data on its next-generation, fully human heavy-chain-only anti-CTLA-4 antibody, porustobart (HBM4003), in combination with tislelizumab, for the treatment of microsatellite stable (MSS) metastatic colorectal cancer (mCRC), at the ESMO Congress 2025, taking place October 17-21, 2025, in Berlin, Germany.

MSS mCRC remains a therapeutic challenge with limited response to immune checkpoint inhibitors. Preclinical evidence supports the synergistic antitumor activity of CTLA-4 blockade combined with PD-(L)1 inhibition in mouse models. In this multicenter, open-label, Phase II study (NCT05167071), heavily pretreated non-liver metastatic MSS mCRC patients were enrolled. Preliminary efficacy and safety data will be presented in a poster session during the ESMO Congress 2025.

Details of the poster presentation are as follows:

Title: Efficacy and Safety of HBM4003, an anti-CTLA-4 Antibody, Combined with Tislelizumab in MSS Metastatic Colorectal Cancer: A Multicenter, Phase II Study

Presentation Number: 807P

Speaker: Frank Zheng

All accepted abstracts will be published online on the ESMO website.

About Porustobart (HBM4003)

Porustobart (HBM4003) is a next-generation, fully human heavy-chain-only anti-CTLA-4 antibody discovered and developed using the HCAb Harbour Mice® platform. It is also the first fully human heavy-chain-only antibody which entered clinical development globally. Compared with conventional CTLA-4 antibodies, porustobart has unique, favorable properties, including significant Treg cell depletion and optimized pharmacokinetics for improved safety. Additionally, by enhancing antibody-dependent cellular cytotoxicity (ADCC), porustobart increases the potential to selectively deplete intratumoral Treg cells, helping to overcome the efficacy and toxicity bottleneck of current CTLA-4 therapies. Harbour BioMed has implemented a global development plan for multiple types of solid tumors with an adaptive treatment design for porustobart. Positive efficacy and safety data have been observed in the monotherapy trials targeting advanced solid tumors, as well as in combination trials with PD-1 inhibitors for melanoma, CRC, NEN and HCC.

About Harbour BioMed

Harbour BioMed (HKEX: 02142) is a global biopharmaceutical company committed to the discovery and development of novel antibody therapeutics in immunology and oncology. The company is building a robust and differentiated pipeline through internal R&D capabilities, strategic global collaborations in co-discovery and co-development, and selective acquisitions.

Harbour BioMed’s proprietary antibody technology platform, Harbour Mice®, generates fully human monoclonal antibodies in both the conventional two heavy and two light chain (H2L2) format and the heavy chain-only (HCAb) format. Building upon HCAb antibodies, the HCAb-based immune cell engagers (HBICE®) bispecific antibody technology enables tumor-killing effects that traditional combination therapies cannot achieve. Additionally, the HCAb-based bispecific immune cell antagonist (HBICATM) technology empowers the development of innovative biologics for immunological and inflammatory diseases. By integrating Harbour Mice®, HBICE®, and HBICATM with a single B-cell cloning platform, Harbour BioMed has built a highly efficient and distinctive antibody discovery engine for developing next-generation therapeutic antibodies. For more information, please visit www.harbourbiomed.com.