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Unlock an Open World with BenQ’s X3000i, the World’s First 4LED 4K HDR Gaming Projector

Gamers can explore an immersive infinite universe for ultra-realistic games at home even as Singapore reopens its physical borders

SINGAPORE – Media OutReach – 13 May 2022 – BenQ, the world’s leading projector brand, has released the X3000i, the world’s first 4LED True 4K HDR Gaming Projector with 100% DCI-P3 wide colour gamut coverage powered by BenQ’s proprietary CinematicColor™ technology, enveloping audio with treVolo surround sound, and input lag as low as 16ms at 60Hz.

As Singapore opens its borders after the Covid-19 pandemic, gamers can continue to enjoy adventures in the physical and virtual worlds. An exciting universe awaits as they traverse through immersive open worlds with the X3000i, creating limitless opportunities with their home entertainment setup.

“The new X3000i 4LED 4K gaming projector leads the X series of projectors with an unprecedented combination of cinematic images, realistic sounds, and lag-free control, unlocking infinite universes for gamers in Singapore,” shared Jeffrey Liang, President, BenQ Asia Pacific. “This affirms BenQ’s market leadership position in the 4K projector segment for 4 consecutive years[1] and is a testament to our commitment to enriching consumers’ lives with world-class innovations and diverse product segments to fulfil gaming, home cinema, and streaming needs,” Jeffrey added.

X3000i – Immersive Open-World Gaming in the Comfort of your Home

For a truly immersive gaming experience, the X3000i brings gamers right into the action with authentic colours thanks to 100% DCI-P3 wide colour gamut coverage powered by BenQ’s exclusive CinematicColor™ technology. This is balanced with true 4K UHD resolution, high 3000-lumen visual brightness, crisp 500,000:1 superhigh contrast with Dynamic Black algorithms, 3D readiness, and projector-optimized HDR with HDR10 / HLG, resulting in breath-taking visual performance in lush open-world environments.

Complementing the visual performance, the X3000i features powerful 5W x 2 stereo speakers tuned by BenQ’s treVolo audio team and amplified by Bongiovi DSP (Digital Signal Processor) with Dynamic Stereo Enhancement, creating sounds that offer in-depth aural details. Furthermore, audio can be output to an external sound system via HDMI eARC for the ultimate auditory experience.

Besides delivering premier visual and audio performance, the X3000i enhances the gaming experience with specially-designed pre-set game modes. Whether it is providing cinematic immersion with RPG mode, refined details and stereo with FPS mode or real-time thrills with Sports Game mode, these carefully calibrated settings consistent across BenQ’s gaming projector line-up help bring the gaming experience for your game of choice to another level.

The X3000i also features Fast Mode, which optimises gaming performance and provides gamers with unparalleled control through low latency and minimal response times. There is support for a wide range of resolutions, from 16ms for console games at 4K resolution down to 4ms with a 240hz refresh rate, providing gamers with smooth graphics for a realistic gaming experience.

BenQ’s X3000i gaming projector is housed in a dynamic design that will complement any gamer’s décor. It can be placed in various locations, thanks to a 1.3x zoom ratio, 2D and Auto-V keystone, and advanced AV connectivity. The X3000i also features a 4LED light source that provides over 30,000 hours or 10+ years of vibrant colours and gorgeous gaming quality without replacement, allowing gamers to dive deep into a game’s storyline for hours on end.

Beyond the gaming experience, the BenQ X3000i is also equipped with Google-Certified Android TV, allowing users to access the Google Play store, home to more than 5,000 Android apps, movies, TV shows, live sports, news, games and music, and providing a wide array of entertainment in the comfort of one’s home.

The BenQ X3000i 4LED 4K gaming projector retails at S$3499 and will be available from 10 May 2022 at the BenQ Store on Shopee and Lazada. And for a limited time only, enjoy free shipping on your X3000i order from 10 to 23 May 2022.

Find out more about the BenQ X3000i 4LED 4K gaming projector here.

Technical Specifications

Model X3000i
Projection System DLP 0.65″
Resolution 4K 2160P (3840×2160)
Brightness 3000 lumen
Contrast Ratio (FOFO) 500,000:1 (w/ Dynamic Black)
Display Color 1.07 Billion Colors
Aspect Ratio Native 16:9 (5 aspect ratio selectable)
Color Space 100% DCI-P3
Throw Ratio 1.15 – 1.5 (100″ @ 8.2 ft =2.5 m)
Zoom Ratio 1.3x
Lens F / # = 1.8 2.25 , f = 17.02~22.21 mm
Keystone 2D, (Auto)Vertical ± 30 degrees; Horizontal ± 30 degrees
Projection Size

(Clear Focus / Maximum)

60″ 180″ / 30″ 300″
Noise 32/28 dB
Dimensions(W x H x D) 10.7 x 7.8 x 10.2 inches (272 x 197.1 x 259.4 mm) w/o adjustment feet
Weight 14 lbs. (6.4 Kg +/- 100g)
Picture Mode Bright / Living Room / Game / Sports / Cinema / (3D) / (HDR10) / (HDR Game) / (HLG) / User
Others HDR10/HLG Compatibility, 3D
Gaming Compatibility
Console Game Playstation 5, Playstation 4 Pro, Playstation 4, Playstation Slim

XBox One X, Xbox One S

Nintendo Switch

Latency 16.67ms: 4K@60Hz

16.67ms: 1080p@60Hz

8.33ms: 1080p@120Hz

4.16ms: 1080p@240Hz


[1] The market share data source by FutureSource CY 2021 report, the Asia Pacific region includes Australia, Bangladesh, Egypt, India, Indonesia, Israel, Japan, Korea, Maghreb, Malaysia, New Zealand, Pakistan, Philippines, Rest Middle East, Rest of Africa, Rest of CIS, Saudi Arabia, Singapore, South Africa, Thailand, Turkey, UAE and Vietnam.

About BenQ Corporation

Founded on the corporate vision of “Bringing Enjoyment ‘N’ Quality to Life”, BenQ Corporation is a world-leading human technology and solutions provider aiming to elevate and enrich every aspect of consumers’ lives. To realise this vision, the company focuses on the aspects that matter most to people today – lifestyle, business, healthcare and education – with the hope of providing people with the means to live better, increase efficiency, feel healthier, and enhance learning. Such means include a delightfully broad portfolio of people-driven products and embedded technologies spanning digital projectors, monitors, interactive large-format displays, digital cameras and camcorders, mobile computing devices, and lighting solutions. Because it matters.

#BenQ

Epicor Reimagines the Mobile Warehouse to Win Motorola Solutions Hong Kong App Challenge

HONG KONG SAR – Media OutReach – 13 May 2022 – Epicor, a global leader of industry-specific enterprise software to promote business growth, today announced it was awarded a prestigious win at the Motorola Solutions App Challenge in Hong Kong for the Warehouse category. The company demonstrated its deep industry expertise by developing a warehouse management app that addressed common warehouse operational issues such as keeping workers safe and improving work performance, efficiency, effectiveness and productivity.

Team Epicor (from the left, Thomas Hung, Hong Kong, Taiwan, Korea, Japan Regional Director, Sherman So, Business Solutions Manager, Cherry Yan, North Asia Senior Marketing Manager and Gina Au, Senior Business Solutions Manager) won Motorola Solutions Hong Kong App Challenge Warehouse category.
Team Epicor (from the left, Thomas Hung, Hong Kong, Taiwan, Korea, Japan Regional Director, Sherman So, Business Solutions Manager, Cherry Yan, North Asia Senior Marketing Manager and Gina Au, Senior Business Solutions Manager) won Motorola Solutions Hong Kong App Challenge Warehouse category.

“More than 21,000 customers worldwide depend on our expertise every single day to give their businesses a competitive edge. This award shows that their trust in us is well-placed,” said Vincent Tang, regional vice president for Epicor Asia. “The business landscape has evolved greatly over the last two years, especially with digitalization speeding up. This milestone win recognizes us as a top solutions provider in helping our manufacturing customers transform their operations to realize greater efficiency and productivity.”

Epicor's Kinetic manufacturing platform and the Motorola Solutions MOTOTRBO™ Ion Commercial Smart Radio tackle various key warehouse management challenges.
Epicor’s Kinetic manufacturing platform and the Motorola Solutions MOTOTRBO™ Ion Commercial Smart Radio tackle various key warehouse management challenges.

The Epicor Warehouse app entry leveraged the company’s Kinetic manufacturing platform and the Motorola Solutions MOTOTRBO™ Ion Commercial Smart Radio to tackle key warehouse management challenges including:

  • Overwhelming manual or paper-based operations creating redundant procedures that waste time and increase labor costs, leading to data inaccuracy and human errors
  • Lack of traceability, visibility, and quality control leading to inaccurate stock levels and the build-up of obsolete inventory
  • Lack of visibility of current inventory, fast-moving SKUs, expiring or expired SKUs, pending sales orders, and required materials
  • Improper maintenance because of poor operational and enterprise asset management

Through the innovative app, Epicor successfully demonstrated increases in fulfillment speeds, a reduction in inventory costs, improved line-side uptime and yield protection, and allowed for better decision-making and effective management practices which would lead to stronger customer satisfaction.

To learn more about the Motorola Solutions App Challenge, please visit https://msiac.site.

About Epicor

Epicor equips hard-working businesses with enterprise solutions that keep the world turning. For nearly 50 years, Epicor customers in the automotive, building supply, distribution, manufacturing, and retail industries have trusted Epicor to help them do business better. Innovative Epicor solution sets are carefully curated to fit customer needs and built to respond flexibly to their fast-changing reality. With deep industry knowledge and experience, Epicor accelerates its customers’ ambitions, whether to grow and transform or simply become more productive and effective. Visit for more information.

#Epicor

Epicor and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation. Results are not guaranteed, and each user’s experience will vary.

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

Weavve Home Launches ‘The Gift Of Perfect Sleep’ For The Ultimate Tencel Experience

SINGAPORE – Media OutReach – 13 May 2022 – Weavve Home, a homegrown luxury bed linen brand, has launched ‘The Gift of Perfect Sleep’ bundle made up of 100% TENCEL™ Lyocell fibres to provide the most luxurious and comfortable sleep experience.

The bed linen brand, which has been featured on Vogue, The Straits Times, Tatler, Prestige, and more, is committed to bringing in the best products that will enhance its customers’ sleeping experience. As such, it strives to be a one-stop shop for TENCEL™ bedding products.

TENCEL™ is a silky, cooling, breathable and hypoallergenic material, perfect for bedding products for everyone anywhere. The silky finish and temperature regulating properties of the material keeps the body cool during sleep in a wide variety of climates, and its perfect moisture management characteristic reduces bacteria proliferation, making it a suitable option for those with sensitive skin.

In addition to its beneficial properties, TENCEL™ lyocell is made from sustainably sourced eucalyptus wood. The fibres are innovatively produced using sustainable technologies, making them less prone to common issues like wrinkling, fading, shrinking and thinning over time. After which, the weaving process uses long fibres to produce lighter, finer and more durable sheets.

Weave Home’s ‘The Gift of Perfect Sleep’ bundle consists of 6 bedding pieces made up of 100% TENCEL™ Lyocell fibres. The bundle features Weavve Home’s bestseller, the Lyocell sheets, which have been engineered with the use of 80s yarn count. Other items that make up ‘The Gift of Perfect Sleep’ bundle include a duvet, a duvet cover, 2 pillowcases, and a waterproof mattress protector.

Customers can rest assured that Weavve Home’s sheets, duvet and mattress protector are certified toxin-free with the label STANDARD 100 by OEKO-TEX®, making it safe for everyone, including babies and those with sensitive skin.

Weavve Home is a provider of bedding products including tencel sheets and bed sheets. ‘The Gift of Perfect Sleep’ bundle can be found online at https://weavvehome.com/products/the-gift-of-perfect-sleep.

About Weavve Home:

Weavve Home started from both a fascination with great products and a frustration with the shopping experience. Its goal is to bring high quality, well-designed items straight to its customers, cutting out middlemen fees and expensive marketing. At the same time, it strives to streamline the shopping experience by giving customers clear, detailed information, as well as a free trial period to try its products with peace of mind.

#WeavveHome

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

Vientiane Petrol Station Owner Issues Apology for Coffee Confusion

PTT Petrol station in That Luang amid the fuel crisis.
PTT Petrol station in That Luang, Vientiane Capital amid the fuel crisis.

The franchisee of a PTT petrol station in That Luang, Vientiane Capital, has publicly apologized for forcing customers to purchase coffee prior to being allowed to buy fuel.

Rainy Season Begins in Laos

Monk in Laos walks through a temple in the rain
A monk walks through a temple in the rain.

Laos has entered the rainy season after only a brief hot spell, with wet weather ahead for the near future.

Johnson Electric reports results for the year ended 31 March 2022

Highlights of FY2021/22 Results

  • For the financial year ended 31 March 2022, total sales amounted to US$3,446 million – an increase of 9% compared to the prior year. Excluding the effects of foreign currency movements and an acquisition, underlying sales increased by 7%
  • Gross profit totalled US$702 million – a decrease of 3%
  • EBITA, adjusted to exclude restructuring charges and significant non-cash items, decreased by 27% to US$244 million or 7.1% of sales (compared to 10.6% of sales in FY2020/21)
  • Net profit attributable to shareholders totalled US$146 million – a decline of 31% compared to the prior year
  • Underlying net profit totalled US$165 million – a decrease of 34%
  • As of 31 March 2022, cash reserves amounted to US$345 million and the ratio of total debt to capital at the financial year end was 16%

HONG KONG SAR – Media OutReach – 12 May 2022 – Johnson Electric Holdings Limited (“Johnson Electric”), a global leader in electric motors and motion subsystems, today announced its results for the twelve months ended 31 March 2022.

Group sales for the 2021/22 financial year totaled US$3,446 million – an increase of 9% compared to the prior year. Excluding the effects of foreign currency movements and an acquisition, underlying sales increased by 7%. Net profit attributable to shareholders totalled US$146 million or 16.23 US cents per share on a fully diluted basis. Underlying net profit was US$165 million, a decrease of 34% compared to the prior year.

Sales Performance

The Automotive Products Group (“APG”), Johnson Electric’s largest operating division, achieved sales of US$2,644 million. Excluding currency effects and an acquisition, APG’s sales increased by 5%. This compares to a reduction in global light vehicle production volumes of approximately 1% over the same period.

Although the global economy was on a broadly improving trajectory for most of the 2021 calendar year, the automotive sector has remained under capacity-constrained conditions and unable to meet pent-up, underlying consumer demand – with global vehicle production volumes still more than 10% below their pre-pandemic levels. The largest constraining factor has been the persistent shortage of semiconductors necessary for manufacturing a large number of auto components and subsystems. As a result, OEMs have continued to make almost constant amendments to production schedules and focused their attention on a smaller number of vehicle models.

Additional factors hampering the auto industry’s supply chain and disrupting production over the past year have included shortages of other specialist raw materials and components, disruptions to container shipping schedules, the outbreak of war in Ukraine and the recent resurgence of COVID-19 in China that has resulted in government-mandated factory shutdowns.

This unprecedented set of operational challenges is occurring at the same time that the industry is undergoing a fundamental structural shift away from internal-combustion engine technologies and towards hybrid and fully electric vehicles.

In these difficult operating conditions, APG has continued to achieve sales growth well above the light vehicle production volumes of the industry in every major geographic region. In the Americas, APG increased sales by 10% compared to industry production volume growth of 3%. In Europe, sales grew by 3% compared to a 10% decline in the region’s vehicle production (with volumes in the key market of Germany dropping by almost 14%). And in Asia, our sales increased by 4% compared to a 1% decrease in overall industry output (including a 4% decline in China’s passenger vehicle production during the period under review).

APG is able to continue to deliver encouraging growth in sales due to a product portfolio that is focused on the key long-term technology trends transforming the industry. This includes innovative technologies that enable electrification, reduce emissions, enhances safety and comfort, and heats, cools or lubricates critical vehicle systems.

The Industry Products Group (“IPG”) achieved sales of US$802 million, which represented 23% of total Group sales. Excluding currency effects, IPG’s sales increased by 12%.

This very satisfactory sales performance by IPG reflected both the continued progress being made to position the division to serve a range of exciting, high growth market segments and the generally buoyant global demand for consumer and industrial goods. It should be noted that while semiconductor and other materials shortages have also constrained supplies to many of IPG’s end-markets, these disruptions have tended to be somewhat less severe than those experienced by the automotive sector.

The changes to consumer behaviour that emerged during the pandemic, including the rise in demand for “home-centric” products, remained a strong growth driver for many of the product applications served by IPG – although a slowdown in demand in some of these segments occurred during the second half of the year. The division achieved significant growth in the lawn and garden, ventilation, beverage, heating, window automation and white goods segments due to a combination of program launches and new business wins, higher market share and increased market demand.

On a regional basis, IPG experienced strong growth in Europe and the Americas as sales in the prior year were constrained by the impact of the COVID-19 pandemic. Sales in Asia, however, declined slightly – due to the combination of the different year-on-year pattern of pandemic-related effects on demand in China (including the most recent re-imposition of lockdowns in some provinces) and customer-specific situations that have been exacerbated by materials and component shortages.

Gross Margins and Operating Profitability

The Group’s gross profit amounted to US$702 million – a decrease of 3% compared to the prior year and, as a percentage of sales, a decrease from 22.9% to 20.4%. The decline in gross margins reflected the combination of higher underlying raw material costs, rising labour costs (exacerbated by the inefficiencies caused by components shortages, disruptions to customer production schedules and recent government-mandated factory shutdowns in China), the ending of pandemic-related one-off cost-saving initiatives and subsidies, higher depreciation and customer contractual price reductions. These sharp increases in input costs were only partially offset by sales volume growth, hedging contracts and product price increases where contractually feasible.

Earnings before interest, tax and amortization (“EBITA”), adjusted to exclude the effects of restructuring charges and significant non-cash items, amounted to US$244 million or 7.1% of sales. In addition to the factors negatively impacting gross margins noted above, the major factors reducing profitability at the operating level were the sharp increase in freight and logistics expenses and also higher infrastructure costs and investments in IT.

Net Profit and Financial Condition

Net profit attributable to shareholders decreased by 31% to US$146 million or 16.23 US cents per share on a fully diluted basis. Underlying net profit, excluding the effects of restructuring charges and significant non-cash items, amounted to US$165 million compared to US$251 million in the prior year.

The combination of reduced profit, higher capital investments and, in particular, a significant increase in working capital requirements in response to rising end-market demand resulted in a free cash outflow of US$132 million (compared to a free cash inflow of US$171 million in the prior year). Notwithstanding a reduction in cash reserves to US$345 million as of 31 March 2022, Johnson Electric’s financial condition remains sound with a total debt to capital ratio of 16%.

Dividends

Several of the macro-economic headwinds and supply chain disruptions currently impacting Johnson Electric’s operations can be considered exceptional and potentially short-term in nature. The Board nonetheless considers it prudent for the Company to conserve its cash until operating conditions and the financial performance of the business improve. It has therefore recommended a final dividend payment of 17 HK cents per share. Together with the interim dividend of 17 HK cents per share, this represents a total dividend of 34 HK cents per share (compared to a total dividend of 51 HK cents per share in the prior year), equivalent to 4.36 US cents per share.

The final dividend will be payable in cash, with a scrip alternative where a 4% discount on the subscription price will be offered to shareholders who elect to subscribe for shares. The Board has further been informed that the controlling shareholder of the Company intends to subscribe for its entire eligible allocation of shares under the scrip dividend alternative. Full details of the scrip dividend alternative will be set out in a circular to shareholders.

Business Strategy and Management Initiatives to Improve Performance

The challenging operating environment does not alter the core elements in the Group’s business strategy which include:

  • investing in innovative motion-related products and technology solutions that address society’s long term demand trends, particularly in the areas of electrification, emissions reduction, automation, mobility, safety and healthcare
  • offering a highly responsive and low-cost manufacturing fulfilment model that effectively serves customers on a global and regional basis
  • accelerating the transformation of our business processes and data management through the deployment of the latest digital platforms and tools

However, it has become increasingly evident that the effects of both the recent series of shocks to “just-in-time” manufacturing supply chains and the global inflationary surge in input costs are not likely to abate in a meaningful way in the short term. This is requiring an immediate and far-reaching response from management that extends to every part of our business.

All business groups and functional areas have been set aggressive cost reduction goals for the new financial year that regrettably requires targeted reductions in labour and staffing levels in order to maintain our competitiveness. Part of these headcount savings will be enabled by our investments in high-speed manufacturing automation and the ongoing optimisation of our operating footprint. Raw material and other components procurement contracts are being scrutinized for rationalization and cost saving opportunities. Within our functional areas, business processes are being streamlined and new digital tools adopted to reduce cost and improve productivity.

Chairman’s Comments on the Annual Results and Outlook

Commenting on the annual results for the financial year 2021/22, Dr. Patrick Wang, Chairman and Chief Executive, said, “The financial year 2021/22 has been particularly challenging for Johnson Electric as several macro-economic and industry-specific factors have placed severe pressure on global component manufacturing supply chains. Although sales growth has been robust as the world economy continued its recovery from the COVID-19 pandemic, rising input costs and externally-driven disruptions to our operations sharply reduced profit margins.”

Commenting on the outlook for the business, Dr. Patrick Wang, said, “Within the automotive sector, the uptake of new energy vehicles (NEVs) – both hybrid and fully-electric – is accelerating. In Europe, for example, electrically-chargeable cars now account for almost one in every five new vehicles sold. Although the NEV sector is still highly reliant on support measures such as purchase incentives and the availability of charging infrastructure, few can doubt that the greatest opportunities for future growth lie in this segment of the industry. Johnson Electric is strongly positioned to leverage its long-standing electro-mechanical expertise and global manufacturing footprint to continue to grow our share of content in NEVs, particularly in the areas of thermal management, electric driveline, braking and power steering.”

“Technology advancements and evolving consumer preferences are presenting similarly exciting growth opportunities for the IPG division. Across a wide range of end-market applications, the demand for new products that feature increased levels of automation, energy efficiency, controllability and precision play directly to Johnson Electric’s core strengths and capabilities. And, as exemplified by our new venture in AI-driven quality assurance software, IPG will not be limiting itself only to hardware components.”

“On the other hand, the externally-driven headwinds and disruptions that hampered our operations and pressured our financial performance in the past year look set to continue in the near term.”

“For much of the past year, a key challenge has been the shortage of semiconductors and other components that has constrained our ability to meet customer demand. These industry-wide shortages have yet to be resolved, but an emerging risk is that the sharpest rise in global inflation since the early 1980s now has the potential to crimp consumer demand in some end markets. Added to this, it is difficult to overstate the risks stemming from Russia’s invasion of Ukraine (the largest military conflict in Europe since World War II) and the resurgence of COVID-19 in China.”

“Faced with such daunting macro-economic and geopolitical uncertainties, we remain focused on those aspects of our business that we can directly influence and taking actions, wherever possible, to mitigate the risk of things outside of our control.”

About Johnson Electric Group

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 35,000 individuals in 22 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: .

Forward Looking Statements

This news release contains certain forward looking statements with respect to the financial condition, results of operations and business of Johnson Electric and certain plans and objectives of the management of Johnson Electric.

Words such as “outlook”, “expects”, “anticipates”, “intends”, “plans”, “believe”, “estimates”, “projects”, variations of such words and similar expressions are intended to identify such forward-looking statements. Such forward looking statements involve known and unknown risk, uncertainties and other factors which may cause the actual results or performance of Johnson Electric to be materially different from any future results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding Johnson Electric’s present and future business strategies and the political and economic environment in which Johnson Electric will operate in the future.

#JohnsonElectric

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

Nefin Group Partners With Snakepit And Echo Base To Power Razer Sea Hq, Supporting Razer’s Journey To Carbon Neutrality

The organisations have joined forces to build Razer’s first solar installation at its Southeast Asia HQ, with the aim of developing an advanced monitoring system for solar power generation

SINGAPORE – Media OutReach – 12 MAY 2022 – NEFIN Group (“NEFIN”), Asia’s leading developer and investor in carbon neutrality solutions, is partnering with Snakepit-BP LLP (“Snakepit”) and Echo Base-BP Capital Pte Ltd (“Echo Base”), both joint ventures of Boustead Projects Limited (“Boustead Projects”), to build Razer Inc (“Razer”)’s first solar installation at its Southeast Asia Headquarters (“Razer SEA HQ”) in Singapore.

Photo Captions:
Top-left & Center: Signing Ceremony with [from left] Mr. Bryan Lim, Managing Director of Echo Base, Mr. Min-Liang Tan, CEO and co-founder of Razer, & Ms Clara Kwan, COO of NEFIN Group.
Top-right: Mr. Min-Liang Tan, CEO and co-founder of Razer, & Ms Clara Kwan, COO of NEFIN Group.
Bottom:
Razer Building at 1 One-North Crescent.

Developed by Snakepit and managed by Echo Base, the Razer SEA HQ is designed with sustainability in mind and has been awarded the Green Mark Gold Plus by Singapore’s Building and Construction Authority. Under its ten-year sustainability plan #GoGreenWithRazer, Razer, the leading global lifestyle brand for gamers, has committed to becoming a greener organisation by transferring its entire operations to 100% renewable energy by 2025 and becoming fully carbon neutral by 2030. The installation supports these objectives as it will integrate renewable energy into Razer’s daily operations in Singapore, building the foundation for renewable energy to be an integral energy source for its business.

NEFIN started in Hong Kong in 2014 and has delivered over 3,000 MW of solar and green financing projects in its combined portfolio globally. Being a one-stop turnkey provider to multinational corporations across its renewable energy portfolio, NEFIN can simplify the process of going green. NEFIN’s Singapore office was set up last year as a regional headquarters to cater to NEFIN’s further expansion in the Asia Pacific.

The collaboration will involve the mounting of 380 pieces of solar panels on the rooftop of Razer SEA HQ located at 1 One-North Crescent. This will generate 256,000 kWh of energy annually, offsetting 3,600 metric tonnes of carbon emissions over 20 years, which is almost equivalent to planting 59,976 trees or powering 609 homes. The photovoltaic system carries sensors that measure fluctuations in solar radiance and collect scientific data concerning system performance. This data can then be collated and analysed to develop an advanced monitoring system for solar power generation. With NEFIN’s extensive expertise in commercial and industrial rooftop solar systems, this project is set to deliver a thoughtful solution that will mark Razer SEA HQ as a high-performance and energy-efficient development.

Mr Bryan Lim, Managing Director of Echo Base said, “As part of our endeavour to deliver the best-in-class eco-sustainable real estate solutions and smart building developments, we are proud to embark on this solar panel installation at Razer SEA HQ with NEFIN to support Razer’s transition to green energy that will improve their energy efficiency. Our shared value and purpose in sustainability is the driving force behind this partnership which will create more positive environmental impact from our portfolio while supporting Razer’s sustainability aspirations.”

Ms Clara Kwan, COO of NEFIN Group, shared, “It is an honour to be able to partner with Boustead Projects and Razer. Their commitment towards a sustainable future fully complements NEFIN’s goals of ESG and helping clients achieve both business and sustainability targets. On behalf of NEFIN and as a fellow Singaporean myself, we are excited to be playing a part in the Singapore Green Plan 2030, emphasising the importance for organisations in Singapore to strive towards carbon neutrality. This collaboration also marks NEFIN’s entrance into Singapore’s renewable energy market and further expansion in Southeast Asia. NEFIN also believes that the future of the world is everyone’s responsibility and strives to redefine energy and its role in creating a sustainable future.”

“This partnership isn’t just about installing solar panels on Razer SEA HQ, it’s a lot more than that. It’s about a group of reputable organisations committed to preserving the environment and protecting the planet by working together to innovate solutions,” said Mr Min-Liang Tan, CEO and co-founder of Razer. “We are grateful to NEFIN and Boustead Projects for supporting our #GoGreenWithRazer ambitions of ensuring the planet remains a field we can all continue to play in.”

NEFIN’s upcoming plans in Singapore include partnering Tuas Power in the HDB Solar Leasing of Grid-Tied Solar Photovoltaic System (SolarNova Phase 7) tender. With more local projects in the pipeline, we are geared up to achieve carbon neutrality for corporations in Singapore.

About NEFIN Group

NEFIN Group is a regional renowned carbon neutrality solutions provider and investor with a bespoke unified energy management platform committed to achieve carbon neutrality for organizations and is backed by AC Energy. Founded by a core management team of DuPont Solar Business, the management team has grown into a well-rounded team of engineers, legal experts, investment bankers and techno-commercial experts with combined experience of over 40+ years of project development in Asia and 50+ years of engineering experience. NEFIN Group has over 3,000 MW of utility-scale, commercial and industrial rooftop solar systems in its combined portfolio regionally. As a strong cohesive team, NEFIN Group is able to offer a comprehensive 360-degree assessment and full-suite of services on socially responsible and commercially viable projects through innovative approaches to technology under its unified energy management platform. NEFIN believes the future of the world is everyone’s responsibility and strives to redefine energy boundaries towards a sustainable future.

Please refer to NEFIN’s website for more information and follow us at .

About Razer Inc

Razer™ is the world’s leading lifestyle brand for gamers.

The triple-headed snake trademark of Razer is one of the most recognized logos in the global gaming and esports communities. With a fan base that spans every continent, the company has designed and built the world’s largest gamer-focused ecosystem of hardware, software and services.

Razer’s award-winning hardware includes high-performance gaming peripherals and Blade gaming laptops.

Razer’s software platform, with over 175 million users, includes Razer Synapse (an Internet of Things platform), Razer Chroma RGB (a proprietary RGB lighting technology system supporting thousands of devices and hundreds of games/apps), and Razer Cortex (a game optimizer and launcher).

Razer also offers payment services for gamers, youth, millennials and Gen Z. Razer Gold is one of the world’s largest game payment services, and Razer Fintech provides fintech services in emerging markets.

Founded in 2005, Razer is dual-headquartered in Irvine (California) and Singapore, with regional headquarters in Hamburg and Shanghai. Razer has 18 offices worldwide and is recognized as the leading brand for gamers in the US, Europe and China.

#NEFIN

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

Oracle Red Bull Racing Drivers Max Verstappen and Sergio Pérez Take a Ride to Become Crypto Insiders With Bybit

  • As one of the crypto-inspired initiatives of its partnership with Oracle Red Bull Racing, Bybit created the #BybitLevelUpChallenges, a series of videos featuring Oracle Red Bull Racing F1 drivers Max Verstappen and Sergio ‘Checo’ Pérez about digital assets and technology in racing.
  • In the latest episode, Max and Checo opened the crypto-racing dictionary and took up Bybit’s “Crypto Slang Challenge”, an original way to learn the meaning of crypto trading terms such as “HODL”, “Gas Fees”, “Bear Market”, “Fiat on-ramp” or their favorite, “When Lambo”.

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 12 May 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, premiered the “Crypto Slang Challenge”, the second episode of its crypto-inspired series #BybitLevelUpChallenges. Conceptualized as a beginner’s guide to pave the way forward for the crypto curious in ways that are immediately relevant to race fans, the new episode features Oracle Red Bull Racing drivers Max Verstappen (2021 Formula 1 Drivers’ World Champion) and Sergio ‘Checo’ Pérez on a crash course challenge to decipher the latest and most common crypto trading terms and slang in both the crypto and racing world. It turns out that both industries have a lot in common.

The Crypto-Racing Dictionary, created by Bybit to help F1 fans and crypto enthusiasts alike understand relevant terms that are applicable in both the crypto and racing world

Hosted exclusively on Bybit Race Insider and Bybit’s official social channels (Twitter, Facebook, Instagram, LinkedIn), fans will be able to check out the drivers’ performance in learning the meaning of crypto trading terms such as “HODL”, “Gas Fees”, “Bear Market”, “Fiat on-ramp” or their favorite, “When Lambo”.

F1 drivers are extremely competitive and confident by nature and both Max and Checo showed it on the Crypto Slang Challenge, as they tried to guess the meaning of terms and acronyms related to cryptocurrency trading, while also establishing similarities using those terms in the racing world. The result: Oracle Red Bull Racing drivers are now far more knowledgeable on crypto references.

Snippets from the episode where Max and Checo both tried deciphering crypto slang and references

In a race to become Bybit Insiders themselves, Oracle Red Bull Racing drivers took on the challenge to guess and appreciate the meaning of expressions such as “gas fees” (blockchain transaction fees), “position” (a trade) or “fiat on-ramp” (a reference for one-stop conversion of fiat money into cryptocurrency). Crypto enthusiasts and F1 fans alike are in for a good laugh, as Max and Checo tried their hands (and luck) at guessing the meaning of acronyms such as ATH (all-time high) and FUD (fear, uncertainty and doubt).

When the drivers were asked to guess the meaning of “HODL” (an acronym for “hold on for dear life”, an expression used by crypto enthusiasts referring to a long-term approach to cryptocurrency) 2021 Formula 1 Drivers’ World Champion Max Verstappen quickly stated “stick to your position”, showing that he has some grasp of the investment jargon.

When the drivers were shown the term “diamond hands”, Verstappen immediately responded “that’s Checo”, and Max was right in a way, as crypto enthusiasts use this expression to talk about high risk tolerance when trading and investing — this bears some similarity to Checo’s stellar strategies that earned him the title as “Minister of Defense”.

“Is where things are really nasty on the market,” said Checo when asked the meaning of the term “bear market”, displaying his knowledge.

But perhaps the most entertaining part of the challenge was when Max and Checo were asked to guess the meaning of the expression “when Lambo?” as Max promptly responded “when to shine through the streets… show off”, while Checo added, “you’ve done well in crypto, you have to show it”.

Before the start of the 2022 Formula 1 season, Bybit became Oracle Red Bull Racing’s exclusive Principal Team Partner, Cryptocurrency Exchange Partner, Fan Token Issuance Partner and Tech Incubator Partner. Both crypto and racing fans can now look forward to more exclusive content and exciting initiatives only available at the Bybit Race Insider — check it out to stay updated on what else Max and Checo might be up to together with Bybit!

As the Fan Token Issuance Partner and Tech Incubator Partner, Bybit will support Oracle Red Bull Racing with the distribution of its growing digital asset collections among other endeavors, so fans will have to stay tuned for more surprises in the near future.

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

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