Partnership highlights:

• Establishment of the first Lenovo AI-Assisted Learning Center to provide tailored and rapidly generated learning solutions for students with Special Educational Needs (SEN).
• Lenovo donates nearly HKD 2 million worth of application system solutions and services.
• Lenovo will form a volunteer team to serve SEN students.

HONG KONG SAR – Media OutReach Newswire – 16 October 2024 – Lenovo announces a collaboration with the Bridge Foundation to establish Hong Kong’s first Lenovo AI Hub, aimed at providing more SEN students with high-quality, personalized education.

The newly established Lenovo AI Hub is equipped with Lenovo AI hardware and hybrid AI technology solutions, including computer vision, natural language processing, and robotic process automation (RPA). This ensures that Bridge Foundation therapists and educators can provide timely, personalized support to the growing number of SEN students, helping them create a brighter future.

According to the memorandum signed by both parties, Lenovo is donating nearly HKD 2 million worth of application system solutions and services to the Aoi Pui School. Lenovo will also collaborate with the Bridge Foundation to use AI to build an SEN expert system. This system will leverage the techniques and experiences of therapists while observing and recording data on students’ responses, emotions, and environmental changes during therapy sessions, thereby generating more accurate Individualized Education Plans (IEPs). Additionally, AI systems will generate training materials to empower teachers, therapists, classroom assistants, and even social volunteers to provide better services for SEN students.

Serena Cheung, General Manager for Hong Kong and Macau, stated: “Lenovo has always been committed to the vision of ‘Smarter AI for All.’ AI technology is unleashing powerful potential across various industries, and its application in education can significantly enhance learning efficiency and improve the learning experience. It allows SEN students to be better understood and supported by others, while enabling teachers and therapists to assist each student in a more personalized way, optimizing valuable learning time. We are particularly excited about how technology can genuinely help education and communities in need.”

Victor Wong, Founder of Bridge Foundation, remarked: “The vision of the Bridge Foundation is to provide better services for special educational support. Our collaboration with Lenovo enables us to offer a more comprehensive SEN expert system solution, covering a wider range of therapeutic professionals, including speech and occupational therapists, social workers, and educational psychologists. By establishing an ecosystem to support professionals, we will significantly improve the learning experience for SEN students.”

AI Brings More Efficient Treatment to SEN Students

Currently, Applied Behavior Analysis (ABA) therapy is a widely recognized evidence-based method for treating SEN children. At present, there are around 64,200 students with SEN in Hong Kong’s public sector ordinary schools[1] while the current number of licensed ABA therapists is still below 100. AI systems provide a new solution, making ABA therapy more precise and effective.

The Lenovo AI Hub automates the previously cumbersome and error-prone processes of data collection, recording, and response scoring, generating personalized learning plans for students. This allows ABA therapists to focus more on direct interactions with SEN students. Additionally, by integrating voice, object, and gesture recognition technologies with the environmental and emotional sensors from the Bridge Foundation, therapists can conduct more targeted assessments of students’ classroom performance and select follow-up treatment tasks from a vast ABA database.

Lenovo not only provides edge servers and AI PCs to support ABA therapy’s AI models but also offers the Smart Whiteboard as interactive teaching tools, making the therapy process more focused and engaging, thereby enhancing treatment efficiency and quality. The collaboration between Lenovo and the Bridge Foundation has already yielded significant results at Aoi Pui School, increasing training efficiency by 116% and allowing therapists to train more SEN students simultaneously, overcoming the limitations of traditional one-on-one therapy.

In the future, Lenovo will actively collaborate with the Bridge Foundation to replicate this successful model in Southeast Asian markets, promoting inclusive education and providing SEN students with better learning experiences.

Actively Contributing to a More Caring Society

Lenovo will establish a volunteer team to support this project, encouraging employees and their families, as well as students majoring in early childhood or special education, to participate in this special educational service. The goal is to provide therapy courses for 180 SEN students from disadvantaged communities within a year, totaling over 5,000 hours of learning. Volunteers will receive financial support and training under the remote supervision of experienced ABA therapists to become classroom aides.

Keith Wong from the Lenovo volunteer team stated, “The AI teaching and experiences provided by the Lenovo AI Hub enable volunteers to quickly obtain the necessary training, preparing them to help SEN students and provide free support services to more families in need. Participating in volunteer services has made me deeply aware of the power of AI in special education. I look forward to more young people using cutting-edge technologies like AI to engage in volunteer work, giving back to society and contributing to social development and technological innovation.”

Hashtag: #Lenovo

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

About Lenovo

Lenovo is a US$57 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

About Bridge Foundation

Bridge Foundation, a registered charitable organization in Hong Kong since 2015, under Session 88 of Inland Revenue Ordinance, was established with the mission of providing services to children with special education needs (SEN), including offering free assessments and behavioral therapy sessions, applying various technologies to enhance educational experience of students.

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 15 October 2024 – Sahm Capital proudly presents the inaugural of its innovative IPO subscription service, now available on the Sahm App. The newly launched feature allows investors to subscribe to IPOs directly from mobile devices, offering a streamlined digital experience that enhances accessibility and convenience for retail investors in Saudi Arabia.

With the Sahm App, retail investors can easily open an account, subscribe to IPO shares, and access their subscription records—all at their fingertips. As one of the first platforms to offer in-app IPO subscriptions, Sahm Capital is setting a new industry standard for efficiency and user convenience.

Steven Chou, Chairman of Sahm Capital, emphasized the significance of this launch: “We are setting a new benchmark in the industry by offering a fully integrated online IPO subscription process. Our goal is to empower retail investors by making IPO participation as easy and accessible as possible. By providing a digitalized solution, we’re fostering a more inclusive financial ecosystem, ensuring that all investors have the tools and insights to confidently engage with IPOs.”

The Sahm App’s IPO subscription feature supports direct in-app payments, making the process easier. It provides real-time status updates throughout the entire subscription journey—from application to allotment—keeping investors informed at every stage. This approach ensures equitable access to critical information, leveling up the playing field for retail investors.

In addition to IPO subscriptions, the Sahm App provides comprehensive IPO information, including current offerings, upcoming listings, and future opportunities. It’s also offering educational materials, tutorials, and customer support to help investors, especially for those who are new to IPOs, navigate the process confidently. By integrating IPO services with other investment tools on the same platform, Sahm App enables investors to manage their portfolios, trade, and track IPOs all in one place, creating a cohesive and efficient experience.
Hashtag: #SahmCapital #brokerage #Tadawul #IPO

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

About Sahm Capital

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com.

About Sahm App

Developed by Sahm Capital, the Sahm App is a proprietary platform specifically designed for investors in Saudi Arabia. It enables users to trade seamlessly across both the Saudi and U.S. markets, all at their fingertips. With its user-friendly interface and a diverse range of investment options, the Sahm App has quickly become one of the top three free finance apps in the Kingdom.

Disclaimer

Please note that trading in financial markets involves high risks and may lead to financial losses that could exceed the invested capital. The information provided above is not in any way a recommendation or advice to sell or purchase any financial instruments, bonds, or other investments. We strongly recommend consulting a specialized financial advisor before making any investment decisions to ensure that these investments are suitable for your expertise, financial circumstances, and investment goals.

Sahm Capital does not bear any responsibility for any losses or damages that may occur as a result of making investment decisions based on this offering or the information provided.

The Academy will offer programmes with cross-cultural industry experiences to empower students and executives for success in the global business arena.

MUMBAI, INDIA – Media OutReach Newswire – 15 October 2024 – The Singapore University of Social Sciences (SUSS) and Think Education Advisory Services LLP (TE) today launched the SUSS Success Academy in Mumbai, creating new learning experiences and real-world training opportunities for students in Singapore and India.

The occasion was marked by an opening ceremony at the Trident, Nariman Point, Mumbai and attended by over 80 guests from both countries, including representatives from institutions of higher learning, as well as industry and community partners. The ceremony was presided by Mr Cheong Ming Foong, Consul-General, Consulate-General of the Republic of Singapore in Mumbai and Mr Rajan Luthra, Chairman’s Office – Head of Special Projects, Reliance Industries Ltd.

Grounded in SUSS’ commitment to lifelong learning and creating social impact, the Academy will serve as a key nexus for academic and industry partners from both countries, where TE will bring its extensive networks and expertise to support and enhance the Academy’s offerings.

Through the Academy’s two distinct tracks – Personal Success and Professional Success – SUSS will offer opportunities for students from SUSS and other Singapore pre-tertiary and tertiary institutions to co-learn and co-innovate with students from India. This will include participation in programmes such as interdisciplinary global learning courses and student exchanges, work attachments and internships.

Key initiatives include:

• Global Industry Immersion Programme (GIIP) and Industry-based Study Programme (IBSP): In partnership with Confederation of Indian Industry (CII) and Singapore-India Partnership Foundation (SIPF), SUSS held its inaugural Global Industry Immersion Programme (GIIP) last year in Pune, with a second itieration this year from 29 September to 9 October. This programme provides students with opportunities develop global agility and gain insights into diverse business cultures, practices, and innovations. To deepen understanding of Digital, AI and Sustainability technologies and their applications in India, SUSS will kick-start its Industry-based Study Programme (IBSP) through the Academy and Jio Institute under the Reliance Group by December 2024.

• Impact Start-Up Challenge (ISC) and Venture Builder (VB): The ISC is a credit-bearing course that provides a platform for students to experience the startup ecosystem in real-world settings. The 12-week VB programme allows budding entrepreneurs to validate their business ideas in Singapore and international markets. The Academy plans to offer these programmes by 2025.

The Academy will also support SUSS in partnering with institutions such as CHRIST University, Lady Doak College, Vishwakarma University, NMIMS, Symbiosis International University and ATLAS SkillTech University to co-design and co-deliver interdisciplinary and experiential global learning and service-learning programmes.

Beyond its student focus, the Academy will leverage SUSS’ expertise in adult and workplace learning to create professional training and development solutions for industry partners, organisations, and institutions.

Professor Robbie Goh, Provost of SUSS, said, “The collaboration with Think Education underscores SUSS’ commitment to nurturing future-ready leaders who can thrive in diverse cultures and societies. The Success Academy in Mumbai stands as a testament to the strong bonds between Singapore and India, creating meaningful opportunities for students to connect, learn, and grow. Through international exchanges and industry partnerships, we’re not only contributing to the region’s growth but also enriching our students’ journeys with real-world experiences that will shape their personal and professional development.”

Ms Ishana Malkani, CEO, Think Education Advisory Services LLP, said, “India is brimming with dynamism and opportunity; however, it is essential that a high-quality education is imparted to its young population to ensure their future prosperity and ability to positively influence the global workforce. The launch of the Success Academy in India, bridging the network of regional hubs across Asia, fits in well with India’s ‘Act East Policy’, which seeks to develop and re-energise India’s eastward engagement. Coming from a family of educators and philanthropists, I am particularly honoured to be involved with such a unique initiative launched by the Singapore University of Social Sciences, which will help strengthen the people-to-people ties between India and Singapore for generations to come.”

The launch of the Success Academy in India is the latest in a series of academy openings as SUSS continues to expand its educational footprint across Asia. Last year, SUSS established three Academies in Ho Chi Minh City, Beijing, and Shenzhen. In the last two months, SUSS launched four other academies in Bangkok, Kuala Lumpur, Jakarta and Manila. This inauguration of Success Academy in Mumbai brings the total to eight regional academies.

For the full media release: https://suss.to/media-release-mumbai.

For more information, visit www.suss.edu.sg/success-academy.

Singapore University of Social Sciences (SUSS) : www.suss.edu.sg
Think Education : www.thinkeducation.in
Hashtag: #SUSS #ThinkEducation

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

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 15 October 2024 – Sahm Capital proudly announces it has successfully met all business commencement requirements to conduct Arranging and Managing Investments, as well as Operating Funds Activities in Securities, licensed by the Capital Market Authority (CMA). With this approval, Sahm Capital now holds all necessary regulatory approvals to operate as a fully integrated financial company in the Kingdom of Saudi Arabia.

This achievement comes just one year after receiving licenses for Dealing, Advising, and Custody, underscoring the company’s rapid growth and commitment to offering comprehensive financial services in the Saudi market. With these latest licenses, Sahm Capital becomes the first fintech-driven financial company to achieve full CMA approval in the Kingdom. This significant achievement reflects Sahm Capital’s full compliance with the Kingdom’s stringent regulatory framework and highlights its dedication to maintaining the highest standards of trust, security, and transparency.

Hadeel Bedeeri, General Manager at Sahm Capital, remarked on the importance of this milestone:
“Receiving full regulatory approval from the CMA is a pivotal moment for Sahm Capital. With these licenses, we can now offer a comprehensive suite of services, from dealing and managing assets to advising and custody. Our goal is to elevate market standards, build trust, and actively support the dynamic growth of Saudi Arabia’s financial sector in alignment with Vision 2030. We are excited about the opportunities ahead and ready to make a lasting impact.”

Founded in 2022, Sahm Capital has quickly established itself as a trailblazer in the financial service industry. In December 2023, the company launched the Sahm App, a proprietary all-in-one trading platform tailored to Saudi investors. Since its launch, the Sahm App has secured a spot among the top three free finance apps in the Kingdom, contributing to Sahm Capital’s position as the fastest-growing brokerage in Saudi Arabia.

With the completion of these full licenses, Sahm Capital is positioned as a key player in Saudi Arabia’s rapidly evolving financial sector. The firm’s ability to offer the complete range of financial services, backed by independent technological research and development capabilities, ensures that clients have access to an all-inclusive financial solution tailored to meet their diverse investment needs.Hashtag: #SahmCapital #CMA

https://www.sahmcapital.com/
https://www.linkedin.com/company/sahm-capital/posts/?feedView=all
https://x.com/Sahm_Capital
https://www.facebook.com/sahmcapital1

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

Sahm Capital

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com.

SINGAPORE – Media OutReach Newswire – 15 October 2024 – The acclaimed international brand UNIQ, synonymous with sleek and multifunctional phone cases, presents its latest range of iPhone 16 cases, featuring modern designs and elevated customizability. Extending to the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max models, the collection is set to appeal to a new generation of discerning and pragmatic iPhone users. Each designed case comes loaded with exceptional features, such as next-gen protective technology, magnetic charging, a grip band for comfort, a handy kickstand and more.

Named Heldro Max, Eleva, Keva Max, and Lyden, these iPhone 16 cases form part of UNIQ’s penetrative venture into embracing diverse lifestyles and disciplines. The built-in functionalities of the cases are designed around the entire newly released iPhone 16 range. Capitalizing on Apple’s latest innovative tools, these cases unlock an extraordinary level of productivity and seamless access.

“We have always designed our accessories for Apple to be a true embodiment of functionality and reliability,” UNIQ Product Design Lead, Gladys Phan said. “As the iPhone 16 paves the way for new possibilities in work and play, our curated case lineup aspires to complement this innovation, infusing each moment with added sense of inspiration and confidence through its impeccable design and attention to detail.”

Heldro Max, for iPhone 16 Pro and Pro Max, is a polycarbonate composite reinforced with a shock-absorbent TPU shell. The kickstand, strengthened by metal rings and hinges, is said to outperform standard plastic alternatives. It also doubles as a grip that makes one-handed use effortless, providing an all-in-one solution for those who crave convenience at their fingertips.

Simultaneously, Keva Max is a textured profile of military-grade aramid fiber. Drop-tested for the Pro series to emerge unscathed from falls of up to 13 feet, it delivers ultra-tough protection with a minimalist and urbane air. Designed to unfold at the camera lens bezel, the kickstand enables a multitude of viewing angles, redefining what versatility means.

As the pièce de résistance of the collection, Lyden presents a reimagined leatherette case, elevated by aluminum buttons that convey a sense of refined strength. The tactile interplay is complemented by an opulent inner microfiber lining, ensuring every aspect embodies sophistication and exceptional scratch protection. The rich palette of caramel, flint gray, and black accentuates the full-grain finish, offering a sumptuous and elevated experience.

Hashtag: #UNIQ #giveaway

https://uniqbetterbydesign.com/
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The issuer is solely responsible for the content of this announcement.

About UNIQ

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 October 2024 – While gold and silver often move in tandem, their relationship can sometimes be complicated. Despite sharing similar characteristics and applications, differences in underlying demand and supply dynamics can lead to occasional divergences. Octa broker discovers the nuances behind the gold-silver correlation and explores potential trading opportunities with the gold-silver ratio.

The positive correlation between gold and silver may appear to be regarded as a totally natural phenomenon. Both commodities share related applications, possess very similar characteristics, and are even often found and extracted in the same geological locations. Therefore, it is perfectly intuitive to consider them close substitutes and expect their prices to correlate closely. However, if we delve deeper into the subject, we find important nuances and complexities in the price movements of gold and silver.

Correlation coefficient between gold and silver
In statistics, a correlation coefficient measures the strength and direction of the relationship between the two variables. When it equals 1, the correlation is perfectly positive—as the price of one commodity increases, the price of another also increases (and vice versa). In the case of gold and silver, the correlation is strongly positive and is almost perfect, meaning that the prices of both commodities tend to increase and fall in tandem. Octa broker has studied the daily closing prices of gold and silver from July 1982 to October 2024 and found that the correlation coefficient between the two commodities is around 0.92.

Why the correlation is positive
A very close statistical relationship between gold and silver is mirrored by their similar application in the physical world. Both commodities are precious metals and are often bought and sold for similar reasons. Indeed, according to the World Gold Council and Silver Institute, jewellery accounts for 49% of gold demand and 27% of silver demand. In addition, both commodities are often regarded as ‘safe-haven assets’ or ‘stores of value’. People would often buy gold and silver to protect their capital from inflation. Thus, private investment accounts for another 30% of the gold demand and 15% of silver.

Furthermore, both metals have industrial applications—but unlike gold, silver is used primarily for manufacturing and industrial purposes. Industrial usage accounts for 58% of silver demand and just 11% of gold. Another important difference is that central banks continue to regard gold as pure money and remain active buyers of the bullion to this day. Octa broker calculated that global central banks have bought over 1,000 tons of gold in the past four years. According to the World Gold Council, central bank purchases accounted for almost 20% of total gold demand in Q2 2024.

‘Although both metals share a very similar demand structure, which basically consists of just three sources—jewellery, investment, and industry—the relative share of these sources is rather different. Silver is a sort of quasi-industrial precious metal, while gold still has an important monetary function’, says Kar Yong Ang, a financial market analyst at Octa broker.

These subtle but important differences explain why, at times, the correlation between gold and silver prices had broken down. The global economic recession in 2020, induced by the coronavirus epidemic, led to a sharp decline in industrial demand for silver—but, at the same time, contributed to higher interest in gold as a protective asset during times of uncertainty. Kar Yong Ang, the financial market analyst at Octa broker, says: ‘Silver is much more sensitive to economic cycles than gold because silver’s investment thesis is less pronounced while its industrial usage is more widespread’.

Why silver is cheaper than gold
There is also one huge difference between gold and silver in terms of supply—gold is much scarcer than silver. According to the World Bureau of Metal Statistics, around 3,100 tons of gold were produced in 2023, whereas silver production amounted to 25,200 tons. This is why silver has always been cheaper than gold on a dollar per troy-ounce (oz) basis. As of 4 October, the price of silver on COMEX was $32.17 per oz, whereas gold closed at $2,652.25 per oz.

What the gold-to-silver ratio is
The gold-silver ratio is a popular way to look at the price difference between gold and silver. It is the longest-standing exchange rate that has been consistently monitored throughout history. This ratio shows how many units of silver are needed to buy one unit of gold—and existed long before gold futures started to trade on COMEX in 1982. In ancient Egypt, King Menes established the gold-to-silver ratio of 2.5:1. Subsequently, in 210 B.C., the Roman Empire officially set the ratio at 8:1. The ratio has evolved considerably since then but has generally tended to increase—partly due to governments’ manipulation with money supply and also thanks to the discovery of large silver deposits in South America. To calculate the gold-silver ratio, one needs to divide the current market price of gold by the current market price of silver. As of 4 October, the gold-silver ratio stood at 82.44, which means that one troy ounce of gold can buy 82 ounces of silver—or that 82 ounces of silver are needed to buy one troy ounce of gold.

Traders usually monitor the gold-silver ratio to find anomalies in the relative valuations of precious metals. A high ratio relative to historical norms suggests that silver is undervalued compared to gold, while a low ratio indicates the opposite. In other words, when the ratio deviates substantially from its historical norm or a long-term average, traders would bet that it will return back to normality. Kar Yong Ang, the financial market analyst at Octa broker, provides the following example: ‘In March 2020, the gold-silver ratio rose above 120, more than 40% above its long-term average, indicating that silver was extremely cheap relative to gold, and that gold was extremely expensive relative to silver. In this situation, a trader could either sell gold or buy silver. The smartest decision, however, is to do both. This way, a trader gets exposure to the ratio itself and is essentially placing a bet that the ratio will return to normal with a relatively low risk’.

Gold in South and Southeast Asia
Gold plays a vital role in the traditions and culture of South and Southeast Asian nations. Apart from being a safe-haven asset, it is viewed as the symbol of prosperity and is often used to underpin status and wealth. Owning gold jewellery or ornaments has been a traditional way to display affluence. Besides, gold has an important religious significance—especially in India, where it is closely linked to Hindu mythology and is often associated with sacred rituals. Overall, Asian countries are among the largest importers of gold worldwide. In fact, just four Asian countries—China, India, Singapore and Thailand—account for over a third of all global gold imports, around 39%.
Hashtag: #Octa

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

Octa

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.