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SimCorp will assist AXA in enhancing portfolio monitoring and financial risk management

Highlights: 

  • With the award-winning SimCorp One platform, which includes SimCorp Managed Business Services and the Axioma analytics suite, AXA will benefit from more efficient and interconnected processes.
  • SimCorp chosen for deep industry expertise and integrated capabilities across the full investment lifecycle for public and private market asset classes.

PARIS, July 24, 2025 /PRNewswire/ — SimCorp, a leading global financial technology company, today announced that AXA will implement the award-winning1 SimCorp One platform alongside SimCorp Managed Business Services to improve portfolio monitoring and strengthen financial risks management.

SimCorp
SimCorp

By adopting SimCorp One, AXA’s investment and risk management teams will benefit from a real-time, consolidated view of positions across all entities in the group.  This helps eliminate operational friction and enables seamless investment monitoring — supporting AXA’s investment requirements of its global insurance business with speed and scale.

“By partnering with SimCorp for both technology and business services, we’re not just implementing a platform – we will transform how we operate,” said Jean-Baptiste Tricot, Group Chief Investment Officer, AXA. “SimCorp’s comprehensive approach delivers multiple strategic advantages: it simplifies our technology stack with a single, integrated platform, while SimCorp’s Business Services will allow us to focus our teams on activities that deliver greater value to our clients. SimCorp’s technology leadership and insurance expertise give us confidence that the platform will scale with our evolving needs.”

SimCorp One addresses critical challenges facing the insurance industry, including increasing regulatory complexity, the need for operational efficiency, and demand for integrated technology solutions that support both public and private market investment strategies.

By selecting SimCorp One, AXA gains access to continuous platform innovation, comprehensive data management capabilities, and specialized insurance industry expertise that will support the organization’s evolving investment requirements across its global operations.

The platform’s unified data model addresses the critical need to balance portfolio management with accounting standards, ensuring consistent risk and investment oversight while supporting compliance with regulatory requirements.

SimCorp’s Axioma analytics suite for advanced risk management, embedded in the SimCorp One offer, enables insurers to better manage and optimize portfolio risk exposures.

“We are honored that AXA has chosen us to help transform their global investment operations,” said Ralf Schmücker, Senior Managing Director, EMEA, SimCorp. “AXA’s decision reinforces SimCorp’s position as the preferred partner for insurers seeking to optimize their investment operations while maintaining the highest standards of investment monitoring and risk management. By offering the market’s only solution that integrates a front-to-back, multi-asset class system built on a unified data structure, we are well-positioned to tackle these challenges and enable a total portfolio approach.”

AXA will utilize SimCorp Managed Business Services for Data Management and Investment Operations. These services will provide timely market and reference data to all platform users and provide comprehensive asset servicing across all AXA assets.  

Discover how SimCorp One can help modernize your organization’s investment operations, data management, and portfolio management. Visit www.Simcorp.com.

About SimCorp 

SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side.  

Founded in 1971, with more than 3,500 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem.  

SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk management and portfolio optimization solutions for the global buy side.  
 
For more information, see www.simcorp.com.  

About AXA Group

The AXA Group is a worldwide leader in insurance and asset management, with 154,000 employees serving more than 95 million clients in 50 countries. In 2024, IFRS17 revenues amounted to Euro 110.3 billion and IFRS17 underlying earnings to Euro 8.1 billion.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD.

It is a founding member of the UN Environment Programme’s Finance Initiative (UNEP FI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.

Media Contact: Sean B. Pasternak, Global Communications, SimCorp, +1-647-975-7326, sean.pasternak@simcorp.com

 

EngineAI Raises Nearly RMB 1 Billion in Pre-A++ and A1 Rounds, Led by JD.com

SHENZHEN, China, July 24, 2025 /PRNewswire/ — After securing investments earlier this year from leading Middle Eastern and South Korean investors, EngineAI has successfully concluded its Pre-A++ and A1 funding rounds. The Pre-A++ round was led by XPeng-backed Rockets Capital, while JD.com spearheaded the A1 round with participation from strategic investors CATL Capital (affiliated with CATL) and Yintai Group, as well as institutional investors TH Capital, Guochen Venture Capital (Fortune Capital affiliate), and Huangpu River Capital. Existing shareholders also joined the two rounds. The strong investor confidence allows EngineAI to enter into mass production, further diversify product lines, and achieve breakthroughs in the real-world deployment of embodied intelligence and related technologies.


A rising star in humanoid robotics, EngineAI drives innovation through cutting-edge technology, delivering intelligent, hyper-agile robots. Its proprietary joint modules set industry benchmarks for explosive power, torque, and rotational speed, enabling lifelike motion. By solving Sim2Real challenges, the company has carved out a unique tech advantage, achieving millimeter precision in high-dynamic maneuvers like complex dances, front flip, and sprinting.

The global humanoid robotics market is forecast to exceed $100 billion by 2030, driven by strong enterprise demand across manufacturing, services, and logistics. EngineAI’s “open-source hardware + ecosystem profit-sharing” model accelerates market penetration through strategic partnerships, enabling rapid application diversification and developer engagement. To overcome embodied intelligence hurdles, the company merges traditional control systems with reinforcement learning, boosting efficiency, precision, and reliability. This dual approach not only truly meets market demands but also gradually penetrates into consumer households, forming a unique commercial ecosystem.

The newly secured capital will enable rapid advancement of EngineAI’s core initiatives in H2 2025:

  • Product Development: EngineAI has built a comprehensive product matrix spanning bipedal and full humanoid robots across performance tiers. The company is now scaling trial production and delivery, targeting a 5x expansion of its production team to meet surging demand.
  • Technology Leadership: Embodied intelligence R&D will see intensified investment to fast-track core technology commercialization, solidifying EngineAI’s global market position.

EngineAI has established strategic collaborations with industry giants including NVIDIA, Amazon, JD.com, Tencent, and ByteDance to advance humanoid robotics applications across commercial services, hazardous operations, and cultural tourism. These partnerships are accelerating the path to large-scale commercial adoption.


With production accelerating and certain production segments already exceeding capacity targets, EngineAI is on track to complete optimization upgrades ahead of Q4 2025.  This expansion ensures reliable delivery of advanced robotic solutions, positioning the company for successful mass-market penetration.

EngineAI is expanding its workforce across critical R&D, production, and market expansion roles. The company is simultaneously enhancing its internal training programs to develop employees’ technical and leadership capabilities, building a sustainable talent engine for continuous innovation.

Looking ahead, EngineAI will intensify efforts in mass production, product diversification, and embodied AI implementation, contributing core strengths to the high-quality development of the humanoid robotics industry.

For more information about EngineAI, please visit https://www.engineai.com.cn/.

CONTACT:
Zibin Cen
cenzb@engineai.com.cn

A LAGOON OF DISCOVERY: FAMILY ESCAPES AT THE LAGUNA, A LUXURY COLLECTION RESORT & SPA, NUSA DUA, BALI

BALI, Indonesia, July 24, 2025 /PRNewswire/ — Framed by lush tropical gardens and the pristine coastline of Nusa Dua, The Laguna Bali, invites families to discover an inspiring blend of adventure, culture, and timeless coastal elegance. Set within one of the island’s most captivating destinations, this Bali luxury resort offers curated experiences that are as meaningful as they are memorable, whether for first-time explorers or returning guests seeking new depths of connection.

Make a splash straight from your room at The Laguna, a Luxury Collection Resort & Spa, Bali. Unwind and reconnect with your loved ones in our family-friendly Lagoon Access Suites, where every moment leads to the pool.
Make a splash straight from your room at The Laguna, a Luxury Collection Resort & Spa, Bali. Unwind and reconnect with your loved ones in our family-friendly Lagoon Access Suites, where every moment leads to the pool.

Bali has a unique way of bringing families closer. At The Laguna Bali, we aim to make every moment feel warm and meaningful—where children, parents, and grandparents can share quality time together while deepening their appreciation for local culture through our Indigenous Bali program. This is the kind of experience we strive to share with every guest,” says Lucia Liu, General Manager, The Laguna, a Luxury Collection Resort & Spa, Nusa Dua, Bali.

Where Every Generation Discovers Bali

Designed for multigenerational travelers and young adventurers alike, the resort’s signature experiences draw inspiration from the Indigenous Bali series. This celebration of local traditions is thoughtfully woven into immersive family activities, offering guests a rare opportunity to engage with the island’s rich cultural heritage. Children and adults alike can try their hand at the sacred art of Lontar inscription, learn traditional cooking techniques during the Epicurean Journey and begin the day with a guided visit to the vibrant Kedonganan fish market.

On the property, families can enjoy active moments together with beach volleyball, explore nearby coastal paths on bicycles, or take a leisurely stroll to the dramatic Water Blow site. These enriching activities help highlight why Nusa Dua remains one of the most beloved places to visit in Indonesia for luxury-minded travelers seeking authentic island experiences.

Seven Sparkling Lagoons, Countless Memories

The heart of the resort lies in its seven shimmering lagoons, each offering a tranquil setting for relaxation and connection. From the expansive saltwater pool to the dedicated children’s area designed for carefree splashing, these aquatic sanctuaries offer something for every member of the family.

For guests seeking a deeper connection with their surroundings, the Lagoon Access Rooms offer a truly unique experience. These thoughtfully appointed accommodations, available in Deluxe Lagoon Access, Studio Lagoon Access, and Lagoon Access Suite categories, allow guests to step directly from their private terrace into the inviting waters of the lagoon. This effortless access adds a sense of play and discovery to every moment, creating joyful memories that linger long after the journey ends.

A Stay Designed Around Togetherness

Whether traveling with young children or gathering with loved ones across generations, each guestroom and suite is designed with flexibility, comfort, and family in mind. The Lagoon Access Rooms in particular provide an added layer of spontaneity and delight, blending indoor elegance with the gentle rhythm of outdoor living.

From cultural enrichment to water-bound fun, The Laguna Bali redefines the Bali vacation with a spirit of timeless discovery, an illuminating retreat in one of the most iconic Nusa Dua resort Bali destinations.

For more information, visit www.thelagunabali.com.

ELEVATED BEACHFRONT DINING AT KAYUPUTI RESTAURANT

BALI, Indonesia, July 24, 2025 /PRNewswire/ — Nestled on the serene shores of Nusa Dua, Kayuputi Restaurant at The St. Regis Bali Resort, which has been recognized for two consecutive years among Travel + Leisure’s 100 World’s Best Awards, redefines fine dining in Bali through an elegant fusion of Asian-inspired haute cuisine and timeless coastal sophistication. Renowned for its Kayuputi brunch Bali, immersive degustation menus, and private dining experiences, this luxury beachfront restaurant overlooking the Indian Ocean continues to captivate discerning travelers and connoisseurs alike with its panoramic views, making it the perfect setting for romantic dinners, special celebrations, and curated gourmet dining.

Elevating gourmet dining in Bali with refined degustation menus, romantic beachfront ambiance, and global recognition for excellence.
Elevating gourmet dining in Bali with refined degustation menus, romantic beachfront ambiance, and global recognition for excellence.

A Legacy of Excellence 
Named one of the best restaurants in Bali, Kayuputi earned its 16th consecutive Best Award of Excellence from Wine Spectator in 2025. Further accolades include being ranked #7 fine dining restaurant in Indonesia by TripAdvisor’s Travelers’ Choice Awards 2024 and Silver Winner at the Honeycombers Bali Best Awards 2024, reinforcing its reputation as the best fine dining in Nusa Dua.

Signature Weekend Brunches 
Elevating Sunday brunch in Bali, Kayuputi offers two signature experiences. The St. Regis Bali Brunch, held every Saturday from 11:00 AM to 3:00 PM, is a lavish celebration of seasonal ingredients, premium seafood, and curated pairings. On Sundays, The Astor Brunch pays tribute to the Astor family’s legendary hospitality with an evolving menu of gourmet selections, fine wines, and breathtaking views, earning its reputation as the best brunch in Bali.

Coastal Sophistication and Culinary Artistry
The name Kayuputi, meaning “white wood” in Indonesian, reflects its airy, elegant design inspired by beachfront living. Floor-to-ceiling windows flood the space with natural light, while the terrace sets the stage for sunset dining. Whether for a sunset celebration, or to book fine dining in Bali, Kayuputi invites guests to discover a Michelin star restaurant Bali-level experience.

Upcoming Culinary Highlight: Chef Richard Schmidtkonz 
On 1–2 August 2025, Kayuputi will host acclaimed Chef Richard Schmidtkonz of Einstein Gourmet for a two-night culinary showcase. His globally inspired creations bring a touch of Swiss finesse and innovation to this exclusive fine dining event in Bali.

Bringing international chefs is a great opportunity for us and the team to connect with global culinary trends and push our boundaries,” shares Chef Agung Ardiawan, Director of Culinary. “We are just as curious as they are. They come eager to learn about Asian techniques and Southeast Asian flavors and spices. Together, we exchange ideas and evolve—each collaboration is a two-way journey of discovery.

Reserve a Table 
With international acclaim and timeless elegance, Kayuputi Restaurant Bali stands as a pinnacle of elevated dining. Marriott Bonvoy® members can earn and redeem points when dining, even without a stay.

For more information, please visit kayuputibali.com.

DOBOT Malaysia Opens to Accelerate Smart Manufacturing in Southeast Asia

KUALA LUMPUR, Malaysia, July 24, 2025 /PRNewswire/ — DOBOT Robotics officially announces the grand opening of its Malaysia subsidiary, marking a key milestone in its global expansion. This new chapter strengthens the company’s commitment to driving technological innovation and collaboration with local partners in Malaysia and Southeast Asia.

DOBOT Malaysia Branch Grand Opening
DOBOT Malaysia Branch Grand Opening

“We are excited to celebrate the opening of DOBOT Malaysia,” said the DOBOT’s co-founder, Junjie Xie. “This expansion underscores our dedication to bringing innovative robotics solutions and supporting Malaysia’s Industry 4.0 transformation.”

Since its inception, DOBOT has been dedicated to liberating human potential through innovative collaborative robotics. Over the past decade, the company has broken through technological barriers, achieving breakthroughs in areas such as control systems, motion control, AI, and machine vision. To date, DOBOT has shipped over 80,000 units globally, earning the trust of 80+ Fortune 500 companies and 6,000+ educational institutions.

Supporting Malaysia’s Smart Manufacturing Transformation

Malaysia, as a key hub for manufacturing and technology innovation in Southeast Asia, offers a growing opportunity for collaborative robotics. DOBOT Malaysia aims to support this growth by focusing on four key strategies:

1. Empowering Smart Manufacturing

DOBOT will offer tailor-made solutions for local manufacturers, optimizing precision and efficiency in processes like electronics assembly, welding, and quality inspection, enhancing global competitiveness.

2. Deepening Industry-Education Integration

Through collaborations with local universities and vocational institutions, DOBOT will establish smart training centers and support programs aimed at developing future talent for Malaysia’s evolving manufacturing sector.

3. Enhancing Localized Services

DOBOT will establish a responsive local service network to provide technical support, customized training, and after-sales services, ensuring a superior customer experience.

4. Co-Building an Innovation Ecosystem

By partnering with system integrators, technology providers, and manufacturers, DOBOT aims to develop a collaborative robotics ecosystem that drives innovation and end-to-end automation solutions.

Shaping an Intelligent Future Together

The opening of DOBOT Malaysia signifies a new era of technological innovation, collaboration, and industry advancement. As Malaysia embraces the smart manufacturing revolution, DOBOT is excited to partner with local businesses and educational institutions to help shape the future of automation in the region.

With a shared vision, DOBOT looks forward to a prosperous journey, unlocking new possibilities in the intelligent era.

DL Holdings Solidifies Web3.0 with “3-Phase” Plan

HONG KONG SAR – Media OutReach Newswire – 24 July 2025 – Recently, DL Holdings Group (1709.HK) has entered into strategic cooperation agreements with ViaBTC, Asseto, and Rich Dragon Consultants, while actively advancing the tokenization of HK$500 million in assets for the DL Tower. These initiatives have sparked significant market attention, with the stock price surging over 70% in a single day. On July 23, DL Holdings issued a voluntary announcement on the Hong Kong Stock Exchange, detailing its latest strategic plans and development roadmap for the digital finance sector.

Three-Phase Strategic Plan to Build a Comprehensive Digital Finance Ecosystem

DL Holdings’ digital finance development strategy will be implemented in three phases:

In the first phase, DL will establish a licensed virtual asset over-the-counter (VA OTC) and prime brokerage business. This will focus on providing compliant virtual asset trading services for institutions and ultra-high-net-worth clients, creating stable trading and clearing channels, and establishing it as the core revenue engine for the group’s digital finance operations.

In the second phase, the group plans to build an RWA tokenization and asset management platform. Leveraging its existing client resources and technological infrastructure — particularly its ultra-high-net-worth community and professional investor network — DL will tokenize real-world assets (RWA) to enhance liquidity and optimize asset management efficiency.

In the third phase, DL will construct a compliant cross-border digital asset fund ecosystem. The “International – Hong Kong” hybrid model will combine the advantages of open-market regulations with the needs of global investors. Leveraging top-tier quantitative trading teams and fund-of-funds (FoF) networks, the group aims to scale its assets under management (AUM) and lead the development of a globalized digital capital market.

Core Strengths Lay the Foundation for Growth

DL’s ambitious plans are backed by years of solid groundwork. As a compliant financial institution holding full licenses from the Hong Kong Securities and Futures Commission (Types 1, 4, 6, and 9), Singapore’s MAS, and the Cayman Islands, DL has a first-mover advantage in cross-border regulatory adaptation. Its inclusion in the “Stock Connect” program has not only attracted more capital but also increased investor awareness of DL. Currently, the group has established a three-tier user matrix: a core circle of over 60 ultra-high-net-worth family offices, more than 1,000 professional investors active on DL Securities’ platform, and NeuralFin’s social platform targeting millions of mass users. This “pyramid” structure supports a full spectrum of services, from high-end asset trading to inclusive finance.

Notably, DL boasts strong technological and resource reserves. NeuralFin, a subsidiary of DL, has secured a strategic investment from Qraft, a top Asian FinTech company backed by SoftBank. In the Web3.0 space, DL has partnered with ViaBTC, Asseto, and other leading institutions for RWA technology platforms. With operational networks spanning Hong Kong SAR, Silicon Valley, Singapore, and other key markets, DL is shaping a cross-border ecosystem bridging traditional asset management and digital finance.

Looking Ahead: Accelerating the Implementation of Digital Finance Strategies

The market’s most pressing question—the timeline for execution—has also been addressed. DL revealed in its announcement that it will focus on three key tasks in the second half of the year:

1. Extending its existing Hong Kong SFC licenses to cover virtual assets, with approval expected by October 2025.

2. Applying for a virtual asset OTC license while preparing stablecoin use cases and pursuing stablecoin qualifications.

3. Closely monitoring the Hong Kong SFC’s policies on security token offerings (STOs) and RWA issuance to adjust business strategies accordingly.

“RWA and stablecoins are not just technological innovations but a transformative shift toward financial inclusivity” said Andy Chen, Chairman of DL Holdings and NeuralFin. “DL doesn’t ride trends; it pioneers them. We don’t fear change; we lead it. Because true wealth belongs to those who can see the future.”

From the tokenization of HK$500 million in DL Tower assets to the clear outline of its “three-Phase” strategy, DL is steadily navigating the Web3.0 wave with compliance as its anchor and technology as its oar. This confidence stems from its belief in Hong Kong’s vision to become a global Web3.0 hub. By adhering to principles of compliance, security, and foresight, DL is driving the next generation of financial infrastructure, pioneering digital capital markets and RWA tokenization to build a unique digital financial ecosystem. Moving forward, DL will continue to balance innovation with compliance, accelerating growth through organic expansion and strategic acquisitions to create long-term value for shareholders and partners in the Web3.0 era.

Hashtag: #DLHoldings

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

Pacific Petroleum Completes Acquisition of U.S. Oil & Gas Assets from a portfolio company of a prominent private equity group

ANACORTES, Wash., July 24, 2025 /PRNewswire/ — Pacific Petroleum Operating, LLC (“Pacific Petroleum”), a fund of Pacific Bays Capital, announced the completion on June 11, 2025 of its acquisition alongside its business associate VCP Operating, LLC of a portfolio of oil producing assets located in Wyoming from a portfolio company of a prominent private equity group, for a total purchase price of $9.65 million USD.

Pacific Petroleum Completes Acquisition of U.S. Oil & Gas Assets from a portfolio company of a prominent private equity group
Pacific Petroleum Completes Acquisition of U.S. Oil & Gas Assets from a portfolio company of a prominent private equity group

This acquisition by Pacific Petroleum Holdings, LP, a Delaware-based investment vehicle was backed by institutional investors from Japan. The structure for Pacific Petroleum leverages a U.S. tax blocker (Pacific Petroleum Blocker, LLC) to facilitate cross-border efficiency for its overseas investors. Pacific Petroleum Management, LLC serves as the general partner for Pacific Petroleum. Field operations will be managed by VCP Wyoming, LLC, an affiliate of VCP Operating and a subsidiary of VCP Michigan, a proven operator with experience in Michigan, Texas, and multiple North American basins.

The acquired assets span multiple actively producing fields, including the Hunt, Rose Creek, Shoshone North, and West Oregon Basin fields. The properties are characterized by stable base production, low decline rates, and near-term optimization opportunities.

Future Technology Integration Plan
Pacific Petroleum’s acquisition framework benefits from the expertise of Koji Muto, General Partner of Pacific Petroleum Management, LLC, and Geoff Masaaki Ayres, CEO of O-DE Capital Partners (Hong Kong), who jointly oversee the fund’s cross-border capital structuring and long-term digital innovation initiatives. O-DE Capital, a specialist in Web3 and fintech-enabled asset management, is advising on the potential integration of next-generation technologies—including real-world asset (RWA) tokenization—to enhance operational transparency and investor liquidity.

Comments from Stakeholders
Jason Nye, Managing Director of Pacific Petroleum Management, LLC, stated:
“We are proud to have completed this strategic acquisition that represents a major step forward in our U.S. energy investment strategy. Together with a strong and experienced business associate in VCP Operating, we aim to deliver sustainable value and dependable returns.”

Toby Darden, Founder of VCP Operating, LLC, commented:
“VCP brings over three decades of field-level operational experience. We are excited to collaborate with Pacific and leverage our on-the-ground capabilities to unlock further value from this portfolio.”

Koji Muto, General Partner of Pacific Bays Capital/ Director of O-DE Capital, commented:
“This fund represents the ‘stability’ component of Pacific Bays Capital’s core philosophy of ‘balancing innovation with stability.’ While oil & gas PDP (Proved Developed Producing) assets are legacy investments generating reliable cash flows, their tangible nature makes them exceptionally compatible with digital asset innovations like RWA tokenization. We believe technological advancement could transform these assets into new financial infrastructure. O-DE Capital will fully support the implementation of Web3 technologies to enhance transparency and facilitate secondary market liquidity.

Furthermore, PDP investments have traditionally been a ‘closed’ market accessible only to seasoned operators and select private equity funds. Through the combination of technology and institutional framework design, we aim to lower barriers to entry and transform this exclusive domain into an open, accessible market.”

Market Outlook
This acquisition in Wyoming’s prolific resource base comes at a strategically advantageous time.  Given the current strength in WTI and the economic resilience of these mature Wyoming oil assets, we see this acquisition as a compelling opportunity to enhance operating margins and long-term project value.  Added pressures to global markets from expanding international security risks, especially in the Middle East, could further increase pricing.  Forward-looking statements are based on current market data as of June 2025 and are subject to change.

Market Commentary
Wyoming’s mature oil assets remain compelling investments, offering stable production and low breakeven costs that withstand market volatility. As energy security concerns grow, these conventional reserves maintain strategic relevance during the global energy transition. Pacific Petroleum further enhances the portfolio’s resilience through technology—including data-driven field management and potential RWA tokenization—bridging traditional energy investing with next-generation transparency and efficiency tools.

– Pacific Bays Capital GP Jason Nye –

About VCP
Founded by industry veterans Jeff Cook and Toby Darden, VCP has developed and operated over 64,000 acres in the Michigan Basin, reaching production rates of over 10,000 MCFD within its first year of operation. VCP is committed to safe, responsible, and efficient development of oil and gas assets with a focus on field-level excellence.

About Pacific Petroleum
Pacific Petroleum is a U.S.-based energy investment platform focused on the acquisition and optimization of mature oil and gas assets. Backed by institutional investors, Pacific integrates capital markets expertise with hands-on operational oversight to deliver long-term value.

About O-DE Capital Partners
O-DE Capital Partners is a venture builder and investment fund. We invest in and support a wide range of fields, including deep tech, Web3, and real assets. Beyond just providing capital, we take a hands-on approach—offering consistent support from strategy formulation and product development to global expansion. Our operations span globally, with strong presence in Japan, Hong Kong, and Dubai.

For inquiries, please contact:
Pacific Petroleum Management, LLC
Email: info@pacificbayscapital.com
Web: https://pacificbayscapital.com/

 

/C O R R E C T I O N — List Co., Ltd./

In the news release, A List Development, a member of the comprehensive real estate company List Group, announces a new hotel resort project under the luxury hotel brand “Anantara”, marking the brand’s first entry into Japan, issued 24-Jul-2025 by List Co., Ltd. over PR Newswire, we are advised by the company that it should read “List Co., Ltd. (Representative Director and President: Hisashi Kitami; Headquarters: Yokohama City, Kanagawa Prefecture),” rather than “List Co., Ltd. (Representative Director and President: Naoyuki Kitami; Headquarters: Yokohama City, Kanagawa Prefecture)”; It should read “Location: Hocchi, Karuizawa-machi, Kitasaku-gun, Nagano Prefecture” rather than “Location: Happa, Karuizawa-machi, Kitasaku-gun, Nagano Prefecture“; It should read “Representatives: Kohei Motoyama, President & CEO; Dillip Rajakarier, Representative Director & Vice President” rather than “Representatives: Kohei Motoyama, President & CEO; Dilip Rajakariar, Representative Director & Vice President”; It should read “Representative: Hiroyuki Kiuchi, President & COO” rather than “Representative: Hiroyuki Kiuchi, President & CEO” as originally issued inadvertently. The complete, corrected release follows:

A List Development, a member of the comprehensive real estate company List Group, announces a new hotel resort project under the luxury hotel brand “Anantara”, marking the brand’s first entry into Japan

TOKYO, July 24, 2025 /PRNewswire/ — List Co., Ltd. (Representative Director and President: Hisashi Kitami; Headquarters: Yokohama City, Kanagawa Prefecture), a comprehensive real estate company, announces that its consolidated subsidiary, List Development Co., Ltd. (Representative Director and President: Hiroyuki Kiuchi; Headquarters: Yokohama City, Kanagawa Prefecture; hereinafter “LD”), has entered into a hotel management agreement with Royal Minor Hotels Co., Ltd. (Representative Director and President: Kohei Motoyama; Headquarters: Setagaya-ku, Tokyo; hereinafter “Royal Minor Hotels”) on July 10, 2025.

At the signing event held on the same day at the Tokyo American Club, the two parties announced plans for a new luxury resort hotel under the “Anantara” brand — marking the brand’s first entry into Japan. The property, to be named Anantara Karuizawa Retreat (hereinafter “the Property”), is scheduled to open in 2030 in Karuizawa, Nagano Prefecture. Nestled in approximately 10 acres (approximately 40,000 square meters) of forestland with views of Mount Asama, the resort will feature a total of 51 guest accommodations, including suites and villas, and will be developed as a premium luxury retreat.

As a comprehensive developer that plans, develops, and produces high-quality residences and communities, List Development is engaged in a wide range of projects, including its proprietary condominium brand “List Residence” series, primarily in the Tokyo metropolitan area, as well as the development of office buildings, vacation homes, and resort properties. In recent years, the company has focused on the development of hotel condominiums and luxury residences. In December 2024, List Development completed a hotel condominium project in Hakuba Village, Nagano Prefecture. The current project marks List Development’s first venture into hotel resort development.

Anantara Karuizawa Retreat will harness the region’s year-round natural beauty and connectivity to offer travellers nature-led escapes. The property’s strategic location near the Karuizawa Hokuriku Shinkansen (bullet train) Station provides convenient access from Tokyo, which is just over an hour away by train, as well as from nearby cities such as Nagano, Kanazawa and Maebashi. Karuizawa is a favoured weekend escape getaway, renowned for its cool climate in the summer and abundant year-round outdoor attractions, including the Karuizawa Kazakoshi Park, golf courses, forests, hiking trails, hot springs and skiing. The destination’s international appeal is on the rise, especially among Asian travellers, and it is within two to three hours by train from Tokyo’s Haneda and Narita international airports.

Anantara Karuizawa Retreat will provide its guests with highly personalised service and exclusive accommodations, offering 23 suites measuring 60 to 120 sqm and 18 luxury two- and three-bedroom villas, which are being considered for future branded residence offerings, with further details to be announced as plans progress, ranging in size from 70 to 270 sqm. The villas will provide an additional 28 keys to the hotel’s inventory, with select two-bedroom villas available as 70 sqm standard and 130 sqm one-bedroom villas, bringing the total key count to 51. Guests will enjoy three on-site food and beverage outlets, including an all-day dining restaurant, a specialty concept and a bar. Wellness will be a fundamental part of the resort’s offering, centred around an Anantara Spa and onsen, and with additional wellness programming across the property. Other leisure facilities will include a swimming pool, fitness centre, library and resident’s lounge. Additionally, the property will offer flexible meeting facilities to meet the growing demand for corporate gatherings in the region. The design of Anantara Karuizawa is anticipated to blend modern design with the site’s natural surroundings, utilising natural materials such as exposed timber peaks and large windows to create harmony with the environment and offer sweeping views of Mount Asama.

Kohei Motoyama, President and CEO, Royal Minor Hotels Co., Ltd., commented:
“We are extremely proud to partner with List Development Co., Ltd. for the launch of the Anantara Karuizawa Retreat. The company brings exceptional expertise in creating luxury properties, aligning perfectly with Anantara’s philosophy of offering refined stays and distinctive design. Together, we aim to create a retreat that coexists harmoniously with Karuizawa’s rich natural surroundings and further enhances its unique appeal.”

Hiroyuki Kiuchi, President and COO, List Development Co., Ltd., commented:
“We are truly honoured to bring the renowned luxury hotel brand Anantara to Japan for the first time through this landmark project in partnership with Royal Minor. We have long been committed to enriching people’s lifestyles by creating high-quality homes and communities. In recent years, we have extended this philosophy to hotel condominiums and luxury residences, applying the know-how we have cultivated over time.

It is within this context that our vision has aligned with that of Royal Minor, resulting in the signing of this hotel management agreement.

Karuizawa is one of Japan’s premier resort destinations, offering excellent access from the Tokyo metropolitan area as well as rich natural surroundings and beautiful seasonal landscapes. We were particularly drawn to its global recognition and the growing demand among affluent travellers seeking high-quality experiences. The site also enjoys a rare vantage point overlooking Mount Asama, a symbol of Karuizawa, and we are confident that introducing the “Anantara” brand to this location will enable us to provide a truly luxurious experience that fully satisfies both the mind and body of our guests, from both Japan and abroad.

We are committed to dedicating our full efforts to ensure that this “Anantara Karuizawa Retreat” becomes a new landmark in Karuizawa and contributes to the revitalization of the local economy.”

Project Outline
Location: Hocchi, Karuizawa-machi, Kitasaku-gun, Nagano Prefecture
Access: Approximately 15 minutes by car from “Karuizawa” Station on the Hokuriku Shinkansen Line
Development Area: 41,933.01 sqm
Opening: 2030
Number of Guest Rooms: 23 Suites (approx. 60-120 sqm), 18 Villas with 28 rooms (approx. 70-270 sqm)

This project is currently awaiting building permit application. The content described in this press release may change in the future. Details on facilities and sales information will be announced again once finalized.

About Anantara Hotels
Anantara Hotels & Resorts are designed to maximize the unique charm of each destination within a luxurious setting, allowing travelers to experience the true essence of the locale through the brand’s attentive and personalized service. The brand has established a strong presence in Thailand, throughout Asia, the Middle East, the Indian Ocean, and Africa, and has recently expanded into major European capitals, gaining broader global recognition. Anantara currently operates 59 hotels across 25 countries.

About Minor Hotels
Minor Hotels is a global leader in the hospitality industry with over 560 hotels, resorts and branded residences across 57 countries. The group crafts innovative and insightful experiences through its hotel brands including Anantara, Elewana Collection, The Wolseley Hotels, Tivoli, Minor Reserve Collection, NH Collection, nhow, Avani, Colbert Collection, NH, Oaks, and iStay, as well as a diverse portfolio of restaurants and bars, travel experiences, and spa and wellness brands. With over four decades of expertise, Minor Hotels builds stronger brands, fosters lasting partnerships, and drives business success by always focusing on what matters most to our guests, team members and partners.

Minor Hotels is a proud member of the Global Hotel Alliance (GHA) and recognises its guests through one unified loyalty programme, Minor DISCOVERY, part of GHA DISCOVERY.

Discover our world at minorhotels.com and connect with Minor Hotels on Facebook, Instagram, LinkedIn, and YouTube.

About Royal Minor Hotels Co., Ltd.
Location: 1-34-6 Sakurashinmachi, Setagaya-ku, Tokyo
Representatives: Kohei Motoyama, President & CEO; Dillip Rajakarier, Representative Director & Vice President
Established: March 31, 2025
Business Overview: Hotel management and operation
URL: https://www.royal-minor-hotels.co.jp/

About List Development Co., Ltd.
Location: 4-47 Onoe-cho, Naka-ku, Yokohama, Kanagawa Prefecture
Representative: Hiroyuki Kiuchi, President & COO
Established: May 10, 1991
Business Overview: Planning, development, and sale of condominiums, detached houses, office buildings, and tenant buildings; Consulting on real estate sales, brokerage, and asset management; Real estate property management
URL: https://listdevelopment.jp/

About List Co., Ltd.
Location: 3-35 LIST EAST BLD., Onoe-cho, Naka-ku, Yokohama, Kanagawa Prefecture
Representative: Hisashi Kitami, President & CEO
Founded: May 10, 1991
Established: May 20, 2016
Consolidated Sales: ¥56.2 billion (Fiscal Year ending December 2024)
Business Overview: Holding company, Group management
URL: https://www.list.co.jp/

In 1991, List Co., Ltd. was established as a real estate brokerage company. Since then, the company has consistently engaged in real estate-related businesses, including the development and sale of detached houses and condominiums, asset management, and urban redevelopment projects. In 2016, the company reorganized its group structure and transitioned to a holding company system, establishing the “List Group” with List Co., Ltd. at its core.

In 2010, List International Realty Co., Ltd. acquired the exclusive domestic rights to operate the real estate brokerage brand “Sotheby’s International Realty®,” which originates from one of the world’s largest auction houses, Sotheby’s. Under the brand name “List Sotheby’s International Realty,” the company has since expanded its real estate brokerage and development operations to locations including Hawaii, Singapore, Hong Kong SAR, and Thailand.

Through these businesses, the List Group remains committed to providing clients with “valuable real estate” around the world.

All other images (4pcs) – can be directly downloaded from the link below, please ensure to clearly credit the source when using these images.
Box URL: https://app.box.com/s/ugvl03yen8u7a1uib0xmzhmgpcn1pr56
*Link available until August 10,2025

Media Contact
List Group Public Relations & IR Department: Yukari Tajiri & Mayu Nishimoto
TEL: 03-6457-9401
MAIL: pr@list.co.jp