TAIPEI, TAIWAN – Media OutReach Newswire – 16 August 2024 – Kronos Research, a global leader in quantitative trading, issues this official statement to reaffirm our commitment to integrity and transparency in our operations.

The case involved former employees who allegedly sought revenge on the company through computer fraud. They claimed their motivation stemmed from dissatisfaction with the bonuses they received despite being among the highest bonus recipients within the company. Taiwan’s judicial system has delivered its verdict: both former employees were found guilty and have received appropriate punishment.

Following the conclusion of the judicial process, both former employees jointly issued an apology statement^[1][2], acknowledging their wrongdoings and affirming that the company acted appropriately according to its standard policies and procedures. They stated, “I confess and sincerely apologize to the company for my misunderstanding of the bonus distribution mechanism, which led to financial and reputational losses for Kronos Research.”

Hank Huang, CEO of Kronos Research, emphasised the importance of trust and reputation in the crypto and finance industries: “Maintaining our competitive edge is vital to Kronos. As a leading trading firm, we take pride in delivering exceptional services to our partners, fostering innovation, and nurturing talent to drive industry progress. We uphold rigorous policies to maintain integrity and our commitment to excellence.”

“This event underscores our steadfast dedication to ethical practices and transparency,” Huang continued. “While Kronos advocates for a fair, transparent, and rewarding environment for our employees, we have zero tolerance for breaches of trust or actions that jeopardize our integrity and reputation.”

Kronos remains resolute in upholding our core values and will implement all necessary measures to safeguard these standards, ensuring the trust and confidence of our stakeholders.

Lastly, we extend our sincere gratitude to our stakeholders for their continued support and understanding. With the conclusion of this case, we look forward to moving ahead with renewed focus and dedication to excellence.

For more information on this incident and the apology letters, please visit:

^[1] Apology Statement [Link 1]
[2] Taiwan’s Yahoo News [Link2]
Hashtag: #kronosresearch #integrity #kronospressrelease #cryptomarketmaking #assetmanagement #venturesinvestment

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About Kronos Research

Kronos Research is a technology and data-driven trading firm transforming the digital asset landscape by cultivating a dynamic financial ecosystem with exceptional trading performance, advanced cryptocurrency investment strategies, and extensive liquidity provision capabilities.

Our advanced machine-learning techniques and state-of-the-art trading infrastructure form the backbone of our quantitative trading operations. These enable us to deliver precise data and insights, bolster risk management, develop effective trading strategies, and empower informed investment decisions.

By leveraging our expertise, we strive to foster strong partnerships and deliver significant value through continuous advancement and innovation.

50 Experiential Activities and 60 Heavy-weight Guests Explore AI-Powered Entertainment Innovation

HONG KONG SAR – Media OutReach Newswire – 15 August 2024 – The annual flagship event of Cyberport, the Digital Entertainment Leadership Forum (DELF) 2024, will be held from August 16 to 18 for three consecutive days at Cyberport. DELF 2024 is themed “Imaginary Fairground: AI-Powered Entertainment in the Web 3.0 Era“, featuring four major themes: “Smart Lifestyle“, “Robotics“, “Sports & Gaming” and “Culture & Arts“. It will showcase nearly 50 experiential activities, including industry forums, experiential zones, workshops, and competitions, allowing the public to immerse themselves in an innovative AI-powered summer carnival, making it a must-visit event during the summer holidays.

On the first day of DELF 2024 (16 August), an opening ceremony will be held. DELF 2024 is honoured to have Mr Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of Hong Kong Special Administrative Region, Ms Lillian CHEONG Man-lei, JP, Under Secretary for Innovation, Technology and Industry Bureau of Hong Kong Special Administrative Region, and Mr Simon CHAN Sai-ming, BBS, JP, Chairman of Hong Kong Cyberport Management Company Limited, as the officiating guests to kick off the event. The first day will also feature over 20 sessions of keynote speeches and panel discussions presented by over 60 experts from the digital entertainment industry, including Microsoft, Cisco, Alibaba, Baidu, Foxconn, Xiaohongshu, Dell, NVIDIA, BytePlus, Meta, teamLab, 9GAG & Memeland, ESRI, and FATface Production, a member of OneCool Group. The topics will cover smart entertainment, generative AI, high-performance computing (HPC), the night economy, sports entertainment, and micro-entertainment. Additionally, the offline audition event of the metaverse project Meet48 will also be held.

On the second and third days (17 August and 18 August), the main stage will also feature a variety of interactive and personalised entertainment and smart living experiences, including AI-powered workshops on topics such as robotics programming, flight simulation, game development, and audio mixing, as well as spectacular performances and competitions such as the AI Everywhere Robotics Esports Invitational 2024 (GBA), Elderly eSport Tournament & Experience Day, the From Player to Page English Writing Competition, Hong Kong Game Development – Competition, the award presentation ceremony of NEXX AI for Entertainment and more.

For detailed information about the Digital Entertainment Leadership Forum 2024 and the complete lineup of speakers, please visit: http://delf.cyberport.hk/.

Hashtag: #DELF

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

About Cyberport

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,000 members including over 900 onsite and over 1,100 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

For detailed information: www.cyberport.hk

Amidst a slowdown in the electric vehicle (EV) market, automakers like VinFast are doubling down on after-sales services to instill confidence and win over hesitant consumers.

HANOI, VIETNAM – Media OutReach Newswire – 15 August 2024 – The EV market is facing challenges, and sales are slowing. Multiple reports and analyses have attempted to offer an explanation for this, but one thing is clear: To win over customers, automakers need to do more to persuade and assure potential EV buyers to make the leap.

Alongside pricing, OEMs need to prioritize aftersales support and warranties. While lower purchase costs could no doubt contribute to EV adoption, the aftersales experience and the promise of long-term value can also make or break a customer’s commitment to the EV lifestyle.

New Era, Timeless Lessons

Long before the rise of electric vehicles (EVs), warranties were an integral part of car ownership. Historically, brands known for excellent aftersales support have outperformed competitors. Even today, a 2023 YouGov survey shows that 75% of global consumers consider the warranty important when buying a vehicle. It’s easy to understand why, as comprehensive warranties protect owners from unforeseen repair costs, which is even more crucial in the emerging EV market where consumer confidence is still developing.

Newcomers to the market are heeding this history lesson. VinFast, a Vietnamese EV manufacturer, for example, has entered North America with warranties for its VF 8 SUV that meet or even exceed normal market practice.

“The 10-year warranty made choosing the car an easy decision, and it provides additional peace of mind,” said Dien Do, a retiree who is enjoying his VF 8 so far, both with the driving and the after-sales support.

Now, a warranty for an EV also needs to cover the battery, the heart of the vehicle and its most expensive component. Most OEMs offer 7-8 year warranties, a period when the battery typically has only 70% charge left. Some brands have gone even further, like VinFast with its 10-year battery warranty, to demonstrate their confidence in the longevity of their product.

The Changing Face of EV Aftersales Services

Beyond comprehensive warranties, exceptional after-sales service cultivates trust, loyalty, and customer satisfaction – driving organic growth through positive word-of-mouth.

Traditionally, good after-sales support meant quick roadside assistance or convenient at-home repairs. Sometimes, it was as simple as promptly answering customer calls to address their concerns. This seemingly small act has earned VinFast accolades from its customers.

“VinFast’s 24/7 support from Vietnam is fantastic. If, for any reason, they miss your call, they always call back,” said Benoit Naud, a VF 8 owner in Quebec. “I’ve never experienced this level of service from any other brand.”

But the EV revolution has brought new dimensions to aftersales support, with software updates taking center stage. OEMs that maintain regular updates for these “computers on wheels” can address early hiccups and provide ongoing value by introducing new features, as seen with VF 8’s recent addition of Sony’s RIDEVU entertainment streaming. This kind of commitment to continuous improvement is likely to sway future EV purchasing decisions.

Another critical aspect of aftersales support in the EV era is the availability and reliability of charging infrastructure. Range anxiety remains a key concern for potential EV buyers, and brands offering a robust charging network can gain a competitive edge.

Companies are trying to increase the availability of charging infrastructure through various means. For example, in its more familiar home market of Vietnam, VinFast has built a vast network of over 150,000 charging ports. Whereas in North America, it has decided to forge strategic partnerships to provide access to over 90,000 charging stations across the continent, making it faster for its customers to find a charging station.

The Future of EV Aftersales and Warranty

The future of aftersales and warranty services in the EV industry brims with potential. Advancements like remote diagnostics and predictive maintenance are set to transform how EVs are serviced. Imagine your car detecting potential issues before they escalate, automatically scheduling maintenance appointments, and saving you time, money, and stress.

Beyond this, we can anticipate innovations like personalized service recommendations based on your driving style and EV needs. Virtual reality could offer immersive learning experiences about your vehicle and maintenance.

Yet, amidst these changes, one truth remains: Brands must demonstrate genuine care for their customers’ satisfaction. This can be as simple as maintaining contact long after the sale, as demonstrated by one happy VF 8 owner.

“I’m loving the [VF 8] and the entire car buying experience,” exclaimed Jason Cheung, a public employee in California. “My VinFast salesperson was fantastic and still checks in on me to this day.”

Hashtag: #VinFast #EV

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

The mining services agreement work will span throughout the Life of Mine, with the initial phase planned for a period of 9 years starting from the fourth quarter of 2024. The initial phase of this mining service work is targeted to produce over 359,330,000 bcm of overburden removal and 60,600,000 tons of coal with contract value more than IDR12 billion or equivalent to more than USD755 million.

Indra Kanoena, BUMA President Director, stated, “We are delighted to announce this new contract with PKP, which further strengthens the industry’s recognition of BUMA’s reputation and expertise in the Indonesian mining sector. The trust placed in us by leading mine owners not only demonstrates BUMA and the Group’s commitment to fostering strong, sustainable relationships but also underscores our dedication to prioritizing the success of our clients.”

This new agreement is a testament to the trust in BUMA’s expertise in providing comprehensive mining services with an end-to-end approach, including overburden removal, mine planning, mining operations, transportation, and mine rehabilitation. With over 25 years of experience, BUMA has excelled in managing complex and challenging mining operations, including those on small islands, solving high-level technical issues such as managing seawater seepage, handling mud, anticipating and managing geotechnical potentials and tidal waves, and even relocating river streams to minimize environmental impacts and achieve optimal operational efficiency. This operational excellence is further supported by the company’s commitment to implementing innovative technology in the mining sector and driving continuous improvement projects.

“At BUMA, we continue to strengthen the foundation for sustainable growth by exploring strategic opportunities and enhancing mutually beneficial relationships to grow together with our partners. With a proactive business development strategy, we focus not only on acquiring and extending contracts but also on creating a stable and sustainable revenue stream. This is part of our efforts to continually improve the quality of our services while managing operational risks,” Indra concluded.

Hashtag: #BUMA

https://deltadunia.com

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PT Delta Dunia Makmur Tbk (Delta Dunia Group)

Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia, Australia, and USA. Our principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading provider of mining services to some of the largest miners in Indonesia, Australia (through BUMA Australia Pty Ltd), and USA through PT Bukit Makmur Internasional (BUMA Internasional).

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (BTech), offering comprehensive mining technology solutions that empower companies within the mining industry, and PT BISA Ruang Nuswantara (BIRU), a social entity dedicated to education, vocational schools, and fostering a circular economy. In July 2024, the Group established PT Katalis Investama Mandiri to support its long-term strategy in ESG.

Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia, Australia, and USA. In June 2024, Delta Dunia Group was recognized among the Top 200 in the inaugural FORTUNE Southeast Asia 500 rankings, a prestigious list that identifies the region’s largest companies by revenue.

PT Bukit Makmur Mandiri Utama (BUMA)

BUMA was established in 1998, is the second largest coal mining services contractor in Indonesia by production volume, providing mining services to some of the largest coal producers in Indonesia. BUMA is a subsidiary of PT Delta Dunia Makmur Tbk (DOID) which is listed on the Indonesia Stock Exchange board (IDX Code: DOID). BUMA is headquartered in Jakarta, Indonesia.

From a barren island to a hospitality empire, Vinpearl’s story mirrors Vietnam’s own transformation, showcasing how vision and resilience can turn challenges into opportunities for both businesses and nations.

HANOI, VIETNAM – Media OutReach Newswire – 15 August 2024 – Just over two decades ago, Hon Tre Island in Central Vietnam was a desolate, sun-baked land with no fresh water or electricity. It was a forgotten corner of the world, untouched by progress. But then came Pham Nhat Vuong, a visionary who saw potential in this emptiness.

Vuong’s determination transformed the island into a masterpiece of hospitality and entertainment, marking the start of Vinpearl, Vietnam’s largest tourism-resort-entertainment brand. Vinpearl’s journey is extraordinary, a story of turning the impossible into the irresistible.

Backed by Vingroup, led by billionaire Pham Nhat Vuong, Vinpearl’s influence is vast. With 45 properties across 17 provinces in Vietnam, it’s a testament to their relentless pursuit of perfection, ensuring every guest experiences the extraordinary.

Vinpearl isn’t just about offering a place to stay; it’s about weaving a tapestry of experiences that resonate with every traveler’s soul, leaving an indelible mark on their hearts and minds. It’s about creating moments that spark joy, ignite passion, and leave an everlasting impression.

From Barren Island to Glittering Oasis

The story of Vinpearl started in 2001, when Vuong, fresh from success in Ukraine, saw in Nha Trang’s Hon Tre Island city the potential to put Vietnam on the global tourism map. Many scoffed at his vision of a world-class resort on the barren island—”Like throwing money into the sea,” some said—but Vuong’s determination was unwavering. And by the time Vinpearl Nha Trang, a 5-star resort, emerged on the island in 2003 after 18 months of construction, the doubters were silenced.

Following this initial success, Vuong continued to invest in the island, transforming it into an entertainment complex on a scale that no one had seen before in Vietnam. Thrilling game areas, water parks, aquariums, and walking streets sprung up, offering a diverse range of experiences for visitors. In particular, the 3.2km-long cable car route across Nha Trang sea, which held the title of the world’s longest cable car over the sea for 15 years, became a spectacular breakthrough for Vinpearl, attracting a large number of visitors.

In less than a decade, with a well-defined investment strategy and anticipating high-end resort trends worldwide, Vinpearl had formed its first tourist entertainment complex in one of the most beautiful coastal areas in Vietnam. And to this day, it remains the most attractive destination for tourists every time they visit the coastal city of Nha Trang.

But the success of Vinpearl Nha Trang was just the beginning. It laid the foundation for Vingroup to expand Vinpearl to other provinces and cities across Vietnam, creating a network of luxurious resorts, thrilling amusement parks, and world-class entertainment complexes. Each Vinpearl project leaves a lasting impression with its scale, quality, and rapid deployment, setting trends and shaping the industry.

By now, Vinpearl’s portfolio had grown to include 45 accommodation establishments with over 18,500 rooms and villas, 3 theme parks and 2 amusement parks, 2 parks to preserve and care for semi-wild animals, and 4 golf courses.

This sprawling network ensures that there’s a perfect fit for every traveler, whether you’re a honeymooning couple seeking romance, a family craving adventure, or a business professional in need of a productive yet inspiring environment. Perhaps no subsidiary within the Vingroup ecosystem exemplifies the conglomerate’s customer-centric DNA more than Vinpearl.

A Commitment to Excellence and Sustainability

While the COVID-19 pandemic posed significant challenges to the tourism industry, Vinpearl demonstrated resilience and adaptability, emerging from a tough period on its way to a rapid and full recovery. In 2023, Vinpearl welcomed nearly 742,000 visitors to its resorts and conference facilities, showcasing its enduring appeal. The same year, Vinpearl achieved a net profit of 26 million USD, marking its second consecutive profitable year following the pandemic.

This financial success is just one facet of Vinpearl’s broader impact. It has played a pivotal role in shaping Vietnam’s tourism industry, setting new standards for quality and innovation. The brand’s strategic partnerships with leading global hotel groups have further elevated Vietnam’s tourism profile on the international stage.

Vinpearl’s unwavering commitment to excellence has earned it numerous accolades, solidifying its position as a leader in the industry. Always staying ahead of resort trends, Vinpearl offers a wide array of unique and exciting experiences, ensuring that every guest’s stay is memorable and personalized, from fun-filled vacations in private villas and BBQ parties to the unique experience of glamping in stylish tents.

Vinpearl’s dedication to providing exceptional experiences extends beyond leisure and luxury. The brand is also a pioneer in sustainable tourism, actively promoting green practices and environmental education. Guests can participate in “Green Tours,” where they can visit organic gardens, learn to cook with green ingredients, and engage in activities like recycling workshops and tree planting.

Furthermore, Vinpearl’s state-of-the-art conference centers make it a prime destination for MICE tourism, demonstrating its versatility in catering to both business and leisure travelers. Whether hosting conferences, weddings, or other special events, Vinpearl’s professional staff ensures that every occasion is executed flawlessly.

Even as it expands its global footprint, Vinpearl remains deeply connected to its Vietnamese roots. The brand celebrates the country’s vibrant culture and natural beauty, showcasing its allure to the world through international events and initiatives.

Vinpearl also invests in local communities, creating jobs and opportunities that contribute to the sustainable development of Vietnam. It’s a brand that embodies the spirit of Vietnam, a spirit of resilience, innovation, and unwavering optimism.

Hashtag: #Vinpearl

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

MACAU SAR – Media OutReach Newswire – 15 August 2024 – Melco Resorts & Entertainment and the National Conditions Education (Macau) Association will jointly organize the third “Melco Star Macau Youth Talent Competition” to instill national pride and patriotism through education of Chinese culture. In alignment with Melco’s “Splendors of China” goals of inculcating national pride at an early age, the competition has seen the combined participation of 2,360 students from 56 schools and arts organizations, delivering close to 300 Chinese cultural arts performances in dance, song and recital acts.

With the largest number of entertainment attractions in Macau, nurturing and mentoring talent in the field of entertainment and creativity is a commitment for Melco.

As part of its endeavor and to spot young local talent for future nurturing, it was announced that leading artistic directors in the field of entertainment will be part of the judging panel of the “Melco Star Macau Youth Talent Competition” finalist events. Esteemed judges from the competition include Mr. Giuliano Peparini, Artistic Director of “The House of Dancing Water”; Mr. Kriman Benbella, Founder and Creative Director of The Planet Entertainment; Mr. Shanqi, renowned Chinese musician and producer; Professor Xu Qing, former associate professor of the People’s Liberation Army Art College; Mr. Vincent Lu Jia, Macao Orchestra Principal Cello; and Ms. Hu Chengfeng, former judge of elite projects of China National Arts Fund.

Details of the competition were shared at the event’s launch ceremony held at Studio City on August 13. Guests of honor including Mr. Yin Rutao, Deputy Director General of the Department of Publicity and Culture of the Liaison Office of the Central People’s Government in the Macao SAR; Mr. Gao Yuan, Director of the Department of Information and Public Diplomacy of the Office of the Commissioner of the Ministry of Foreign Affairs in Macao; Mr. Kevin Ho, Macao Deputy of the National People’s Congress; Mr. Kou Kam Fai, Macao member of the National Committee of the Chinese People’s Political Consultative Conference; Ms. Ho Hong Pan, Head of the Department for Promoting Cultural and Creative Industries of the Cultural Affairs Bureau of Macao SAR Government; Ms. Cheung Wai, Head of the Vocational Training Department of Labour Affairs Bureau of Macao SAR Government; Mr. Chio Pou Wai, Head of the Division of Youth Development of the Education and Youth Development Bureau of Macao SAR Government; Ms. Carmen Lo Choi In, Member of the Legislative Assembly and Mr. Vong Pio, Chairperson of the Macao Catholic Schools Association, were welcomed by co-hosts Mr. Lawrence Ho, Chairman & CEO of Melco Resorts & Entertainment; Mr. Jack Wang, President of National Education (Macau) Association; Dr. Kent Wong, Melco Chief Advisor; Ms. Akiko Takahashi, Executive Vice President and Chief of Staff to Melco Chairman & CEO; Mr. Alidad Tash, Executive Vice President, Analytics and Gaming Operations; Mr. Tim Kelly, Property President of City of Dreams Macau; and Dr. Raymond Lo, Senior Vice President, Head of Global Marketing and General Manager of Altira Macau and Mocha Clubs.

Celebrating the 75^th anniversary of the founding of the People’s Republic of China and the 25^th anniversary of Macau’s return to the motherland, “Melco Star Youth Talent Competition” will continue to nurture patriotism through enhancing awareness and education on Chinese culture for youth in Macau. In recognition of the competition’s esteemed reputation and acclaim, it has been proudly nominated as a supporting project of the “2024 Guangdong-Hong Kong-Macao Greater Bay Area Youth Charity Association” hosted by the China Soong Ching Ling Foundation.

Mr. Lawrence Ho, Chairman & CEO of Melco Resorts & Entertainment, said, “We are excited to co-host the ‘Melco Star Youth Talent Competition’ with the National Education (Macau) Association once again. This year’s event will create and support talent development opportunities for youth in Macau by providing them with exposure to renowned maestros of the arts, including the talented team behind our iconic ‘The House of Dancing Water’ extravaganza.

“Melco continues to be committed to promoting national pride through education and awareness through our ‘Splendors of China’ program. We are grateful to the National Conditions Education (Macau) Association on our further collaboration to foster awareness, appreciation and pride in the young people of Macau through creativity and talent development.”

Mr. Jack Wang, President of National Conditions Education Association (Macau), said, “It is hoped that through the activities, young people in Macau will enhance their sense of belonging and identity to the country while understanding the profoundness of China’s excellent traditional culture, to build cultural confidence, and cultivate a new generation with patriotic feelings of home and country.”

Hashtag: #melco #melcostar

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About Melco Resorts & Entertainment Limited

Melco Resorts & Entertainment, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), an integrated resort located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company operates City of Dreams Mediterranean in Limassol in the Republic of Cyprus (www.cityofdreamsmed.com.cy). The Company also continues to operate three satellite casinos in other cities in Cyprus (the “Cyprus Casinos”). For more information about the Company, please visit www.melco-resorts.com.

Melco Resorts & Entertainment is majority owned by Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is in turn majority owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.