BANGKOK, THAILAND – Media OutReach Newswire – 9 October 2024 – PTT Oil and Retail Business Public Company Limited (OR) is setting a bold new standard for sustainability in Thailand’s oil and retail sector, with ambitious goals to achieve carbon neutrality by 2030 and net-zero greenhouse gas emissions by 2050. Committed to continuously developing and enhancing all of its businesses, OR not only prioritizes quality and reliability but also places great importance on fostering a cleaner, more sustainable society in every dimension. By driving business, the environment, and the community forward together—both within Thailand and on a global scale—OR aims to demonstrate its potential to grow sustainably on the world stage.

Driven by a clear and comprehensive sustainability strategy known as OR SDG, the company’s mission is anchored on three foundational pillars:

• S (Small): Creating opportunities for communities
• D (Diversified): Creating opportunities for diversified growth
• G (Green): Creating sustainable opportunities

Bringing Sustainability to Life

PTT Oil and Retail Business Public Company Limited (OR) is committed to sustainability through a series of innovative initiatives that set a new benchmark for corporate responsibility, both in Thailand and internationally, ensuring alignment in the same direction

PTT Station

OR is dedicated to continuously enhancing product and service quality to provide the best consumer experience. Leading in the development of premium fuels, including high-performance, engine-protecting fuels and Euro 5 diesel with less than 10 ppm sulfur to reduce environmental impact, OR also plans to expand the PTT Station network nationwide, as well as in the Philippines, Cambodia, and Laos. This expansion will support both conventional and electric vehicles, using geo-analytics to identify optimal locations. In 2023, the PTT Station Flagship Vibhavadhi 62 was first launched in Thailand, showcasing OR’s commitment to sustainable development for people, communities, and the environment. With over 2,200 stations serving more than 3.4 million patrons daily, PTT Stations aim to be platforms for mobility, lifestyle, and business partnerships to foster mutual growth.

Café Amazon: A New Standard in Sustainability

Café Amazon, goes beyond serving coffee by embodying the principles of the circular economy. Waste materials from Café Amazon, such as coffee husks, are upcycled into functional furniture, Additionally, the OR Ecosystem is utilized throughout Café Amazon value chain. In other countries, similar practices are implemented, including the use of BIO Cup R-PET and staff uniforms produced through upcycling processes. This exemplifies how sustainability can be effectively integrated into business operations.

EV Station PluZ: Driving the Future of Mobility

As Thailand transitions towards electric vehicles (EVs), the promotion of clean energy, such as the adoption of EVs, is continuously growing day by day. Currently, Over 800 EV charging stations have been installed in Thailand, with nearby countries such as Laos having 6 charging stations and Cambodia having 11 charging stations. OR is leading this shift with its EV Station PluZ initiative, aiming to install 7,000 EV charging stations across all 77 provinces in Thailand by 2030. This expansion underscores OR’s commitment to reducing carbon emissions and making clean energy solutions accessible nationwide, supporting the growing demand for electric vehicles.

Sustainable Aviation Fuel (SAF) Refueling: Leading Clean Aviation

OR’s collaboration with Thai VietJet marks a significant step toward cleaner aviation. By pioneering the use of Sustainable Aviation Fuel (SAF) produced from used cooking oil, OR helps reduce the aviation industry’s carbon footprint without compromising performance. This innovative fuel can be blended with traditional Jet A-1 fuel and used in aircraft without requiring engine modifications.

Furthermore, OR has initiated and is consistently executing a range of commendable projects in Thailand that are receiving increasing recognition in the Thai market, including:

Thaidet Project: Supporting Local Communities

Thaidet selects and promotes excellent local products from community enterprises and SMEs to be sold at PTT Station. This initiative aims to assist people in communities and showcase the stories and pride of the local people, while also increasing opportunities to distribute products to consumers nationwide. The Thaidet project has been at the forefront of creating jobs and livelihoods for villagers, farmers, and community members for some time now. It has also helped raise the standard of community products to international levels. Over the past 5 years, the project has contributed to income generation and growth for 376 community enterprises, with over 325 branches nationwide. In 2023 the project generated a total income of over 102 million baht.

The Thaidet Project highlights OR’s dedication to supporting local communities by promoting the best local products from community enterprises. providing these products with a platform in PTT Station in Thailand. The project not only elevates local craftsmanship but also promotes eco-friendly goods, reinforcing OR’s belief that sustainable practices should benefit everyone.

Yak Lak Yim Project: Community-Driven Waste Management

Yak Lak Yim Project encourages responsible waste disposal by inviting consumers to separate their waste and dispose of it in designated bins. Proceeds from selling recyclable materials are reinvested into local communities, creating a positive feedback loop that benefits both the environment and the people. This project reflects OR’s commitment to community-driven sustainability.

PTT Lubricants: Save the World, Save Your Car Campaign

In partnership with PTT Lubricants, OR launched the Save the World, Save Your Car campaign, inviting consumers to recycle used oil containers. These containers are transformed into Wood Plastic Composite materials, used to produce school desks and chairs for underprivileged schools. This initiative promotes recycling while supporting education and sustainability simultaneously.

A Vision for a Sustainable Future

As OR continues to drive progress in business, environmental stewardship, and community development, it remains steadfast in its mission to create a cleaner, more sustainable future for Thailand. With ambitious goals and innovative initiatives, OR is not just leading the journey toward carbon neutrality—it’s redefining corporate responsibility for the 21st century.

Hashtag: #OR #PTTStation #CaféAmazon #EVStationPluZ #PTTLubricants

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

About PTT Oil and Retail Business Public Company Limited (OR)

PTT Oil and Retail Business Public Company Limited (OR), a subsidiary of PTT Public Company Limited (BKK:PTT), focused on integrating energy and retail business operations in Thailand to achieve inclusive growth opportunities for all stakeholders. Committed to excellence and innovation, OR is responsible for the distribution of products and services in both the energy and retail sectors, directly serving consumers and underscoring its leadership in the energy market. Additionally, OR is consistently striving to expand its business opportunities in the global market by leveraging successful business models from Thailand, including PTT Station, Café Amazon, EV Station PluZ, and PTT Lubricants. These models integrate energy management with retail operations, serve as a blueprint for growth in international markets.

London, United Kingdom – Newsfile Corp. – October 8, 2024 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”) has announced a strategic partnership with NC Digy Smart Cities, a renowned Miami-based smart cities integrator, alongside AECOM (NYSE: ACM) one of the world’s most trusted infrastructure consulting firms, also headquartered in Miami. This collaboration is set to transform the landscape of urban development across Latin America and the United States, harnessing advanced technologies to build and deploy next-generation smart cities.

The partnership marks a monumental step in the evolution of smart city infrastructure, targeting one of the most significant growth opportunities in the Western Hemisphere. With the smart cities market in Latin America rapidly expanding and the United States poised to embrace a new era of urban development, this initiative is expected to drive unprecedented growth over the next 30 to 50 years.

Unleashing the Potential of Latin America

Latin America is witnessing an unparalleled surge in urbanisation, with cities striving to become more efficient, sustainable and secure. The region’s smart city market is expected to grow exponentially, driven by government initiatives, increasing urban population, and the demand for sustainable solutions. Through the partnerships with NC Digy Smart Cities & AECOM (together with Gorilla’s local partner Protactics), Gorilla will build scale and capitalise on this momentum by introducing cutting-edge security options tailored to the unique needs of Latin American cities.

By leveraging NC Digy Smart Cities and Gorilla’s robust AI and cybersecurity solutions, the partnership will offer a comprehensive range of services to local governments and companies. This includes the integration of advanced surveillance, AI-driven analytics and secure data management systems designed to enhance public safety and operational efficiency. AECOM’s extensive experience in infrastructure consulting will further ensure that the deployment of these technologies is seamless and aligned with the highest standards of urban planning.

“This partnership is not just about deploying technology; it is about reimagining the future of our cities, in Latin America. As this initiative progresses, we expect it to unlock vast opportunities for growth, create new markets and set new standards for smart city development. The smart cities of tomorrow are on the horizon and Gorilla Technology, NC Digy Smart Cities and AECOM are leading the charge,” said Jaime Niño, General Manager of AECOM LATAM.

Pioneering Smart Cities in the United States

In the United States, the concept of smart cities is becoming increasingly central to urban development strategies. As cities across the nation seek to modernise infrastructure and enhance the quality of life for their residents, the demand for innovative technologies is growing at an unprecedented rate. NC Digy Smart Cities is at the forefront of this movement, bringing together their expertise to create secure, resilient and sustainable urban environments.

The partnership’s primary initiative will focus on marketing Gorilla Technology’s advanced AI and cybersecurity products and services, specifically designed for smart city applications. This includes comprehensive solutions for surveillance, access control and emergency response, all of which are crucial for the safety and security of modern urban environments. By addressing the security challenges that accompany smart city initiatives, this collaboration is poised to play a pivotal role in the transformation of cities across the US.

“The strategic alliance between Gorilla Technology, NC Digy Smart Cities, and AECOM represents a visionary approach to urban development. We recognise the critical role that smart cities will play in shaping the future of our societies, both in the United States and Latin America. By combining our strengths, we are not only setting the stage for technological innovation but also paving the way for sustainable, secure, and prosperous urban environments,” said Robert J. Rodriguez, Chairman & Co-Founder of NC Digy Smart Cities.

About NC Digy Smart Cities LLC

NC Digy Smart Cities LLC, based in Miami, is a premier smart cities integrator, offering holistic services to local governments and companies. Since 2000, NC Digy has developed many Smart Cities initiatives, including a visionary blueprint developed for the Department of Housing & Urban Development (HUD) to implement micro economic studies for communities throughout the U.S. thereby, highlighting the need for each participating community to invest in technology innovations for workforce and industry expansion purposes. In addition, NC Digy has developed significant communications initiatives for AT&T which were implemented throughout Latin America and the Caribbean.

About AECOM

AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, AECOM’s public- and private-sector clients trust them to solve their most complex challenges. AECOM’s teams are driven by a common purpose to deliver a better world through unrivaled technical and digital expertise, a culture of equity, diversity, and inclusion, and a commitment to environmental, social, and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $14.4 billion in fiscal year 2023. See how AECOM is delivering sustainable legacies for generations to come at aecom.com and @AECOM.

About Gorilla Technology.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

About Protactics

Protactics is a Colombian company headquartered in Bogota, with deep domain expertise & relationships in Latin America. We bring to market holistic security & public safety solutions whether it be cyber security, biometrics, advanced scanning capabilities to critical infrastructure projects, such as Ports, Airports & Borders & more.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla’s largest projects and ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the “SEC”) on May 15, 2024 and those that are included in any of Gorilla’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

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

Office availability rate drops while high street retail rents continue to recover

• The Hong Kong Grade A office market witnessed positive net absorption for the fourth consecutive quarter in Q3 2024 to reach 324,100 sq ft, bringing the overall availability rate down to 19.3%.
• Core retail district high street rents recorded low single-digit growth q-o-q as leasing momentum gained pace, with banking and financial institutions taking opportunities to expand at prime locations
• The residential market finally saw the hoped-for interest rate cut, yet buyers need more time to digest the news. Housing prices remained under pressure in the still-high rate environment, declining by 6.2% in the first eight months, while total transactions recorded 10,200 units in Q3.

HONG KONG SAR – Media OutReach Newswire – 8 October 2024 – Global real estate services firm Cushman & Wakefield today held its Hong Kong Property Markets Review and Outlook Q3 2024 press conference. The start of the U.S. Federal Reserve rate cut cycle in September, coupled with the recent rebound in the stock market, sent positive signals to the Hong Kong residential market, with market sentiment and transaction numbers expected to further improve in Q4. The Grade A office market has now recorded positive absorption for four consecutive quarters, and several new lettings of more than 10,000 sq ft were concluded in the quarter, pulling the overall availability rate down to 19.3%. In the retail market, despite falling high street store vacancy and growing rental levels, the change in tourist spending patterns and the northbound travelling of local residents continued to pose challenges to F&B operators, leading to F&B rents adjusting downwards in Q3.

Grade A office leasing market: Net absorption remained positive in Q3 2024, while the availability rate fell for the first time in two years

Overall Grade A office net absorption recorded 324,100 sq ft in Q3, bringing total net absorption for the first three quarters to around 980,000 sq ft. The total new leasing area in Q3 reached 833,600 sq ft, with Greater Tsimshatsui taking the greatest share at 23%, followed by Greater Central and Kowloon East both at 19%. The banking & finance sector took a 38% share of total leased area, followed by consumer products / manufacturing at 18%, and professional services & real estate at 16%.

With no new supply entering the market in Q3 2024, the overall availability rate fell for the first time since Q1 2022, registering 19.3% in Q3 2024. However, Grade A office rents remained under pressure, retreating by 2.4% q-o-q or 4.3% year-to-date (Chart 1). As cost-saving or flight-to-quality moves have become popular occupier strategies, landlords are being more flexible and offering incentives to compete for tenants. Consequently, we expect the rental correction to continue through the remainder of the year, and we forecast overall Grade A office rents to drop in a range of 6% to 8% for the full-year 2024.

John Siu, Managing Director, Hong Kong, Cushman & Wakefield, said, “The Hong Kong Grade A office market registered positive net absorption for the fourth consecutive quarter in Q3 2024. We saw numerous new lettings of more than 10,000 sq ft in the quarter, while the overall availability rate fell for the first time since Q1 2022. This suggest that market momentum has gained pace when compared to 2023. Looking ahead, we expect demand from the banking & finance and professional services sectors to gradually recover, if the recent stock market recovery and IPO performance, which are underpinned by the interest rate cut and the macroeconomic policy stimulus from the Chinese mainland government, can sustain through the coming months.”

Retail leasing market: New leasing activity gained momentum, supporting the overall high street vacancy rate to drop further

Hong Kong total retail sales for the January to August 2024 period dropped by 7.7% y-o-y to record HK$249.8 billion, impacted by inbound tourists’ and local residents’ changing consumption patterns, combined with the strong Hong Kong dollar eroding shoppers’ purchasing power when compared to alternative tourist destinations. Among the key retail sales categories, Jewellery & Watches and Fashion & Accessories, formerly popular with tourists, declined 15.8% and 11.0% y-o-y, respectively. The only key retail category to witness positive growth was Medicines & Cosmetics, which climbed 6.8% y-o-y.

High street leasing activity gained momentum in Q3, with action by local and international brands picking up on the back of attractive rent offerings at prime locations. The overall high street vacancy rate continued to fall to record 8%, a new lowest level since the pandemic. Vacancy rates eased more notably on the Kowloon side, with Mongkok dropping 2.7 percentage points q-o-q to 8.4%, and Tsimshatsui falling to 9.4%. Vacancy in Causeway Bay remained stable at 2.6%, while Central rose slightly to record 8.6%. Stronger leasing sentiment supported high street rents to further recover in Q3. Rents in Causeway Bay, Central, Tsimshatsui and Mongkok picked up in a range of 1.0% to 2.3% q-o-q. However, restaurant operators have faced challenges due to the changed spending patterns of tourists and residents. F&B rents dropped in a range of 1.5% to 2.5% across districts through the quarter.

John Siu further commented, “Looking into the retail leasing transactions in Q3, sentiment and activity was stronger on Hong Kong Island. In addition, we notice that that some banks and financial institutions have been actively expanding their presence in core districts over the past six months. For instance, several banks opened new wealth management centers on prime streets to capture clients from groups of high-net-worth local and mainland individuals. A number of online securities brokerage platforms also expanded by setting up physical stores in core districts, seeking to raise brand awareness and gain public exposure. Looking ahead, the central government has recently announced a series of stimulus measures to boost the economy, while the U.S. Fed’s rate cut is also expected to gradually weaken the Hong Kong dollar, which may in turn strengthen tourists’ spending sentiment. The comeback of Hong Kong and Chinese mainland stock markets will likely provide further boosts to consumption sentiment. These positive factors will continue to support the recovery of the Hong Kong retail market, and we expect high street retail rents across districts to rise in a range of 4% to 9% for the full-year 2024.”

Residential market: Rate cuts will take time to have an impact on markets, transaction numbers expected to grow in Q4

The U.S. Federal Reserve rate cut in September marked the end of the two-year interest rate hike cycle, leading to a clearer market outlook. Despite Hong Kong banks following with an immediate rate cut, the current HIBOR is still at a relatively high level, hence limiting the short-term impact from the cut. Most buyers maintained a wait-and-see stance in July and August, before the Fed’s rate cut decision, with monthly transaction numbers at less than 4,000 cases. We have yet to see a rapid expansion of activity following the Fed’s September action, with just 2,850 transactions recorded in that month. Some potential buyers have remained cautious following the rate cut, waiting to observe the continuity and pace of further rate reductions in the coming months. Within the residential market, first-hand transactions accounted for 32% of overall transaction numbers between January and August, and we expect that the primary home sales market will be most active, with developers now keen to launch further new projects for sale.

Edgar Lai, Senior Director, Valuation and Consultancy Services, Hong Kong, Cushman & Wakefield, mentioned, “Hong Kong housing prices continued to adjust during the quarter. Rating and Valuation Department data shows that the housing price index declined by 1.7% m-o-m in August, bringing the cumulative drop in the first eight months of the year to 6.2%. According to Cushman & Wakefield data, our mid-and-small size units price index dropped by 8.3% for the first nine months. Notably, home prices in City One Shatin, representing the small-sized market, declined by 7.4% q-o-q. Prices at Taikoo Shing, representing the middle-sized market, declined by 3.6% q-o-q, while Residence Bel-Air in the luxury market dropped by 4.9% q-o-q. However, our verbal enquiry index level slightly picked up following the rate reduction, suggesting that market sentiment and transaction numbers could both gradually move upwards in Q4. We currently forecast overall residential transaction numbers to rise in a range of 15% to 20% y-o-y for 2024.

Rosanna Tang, Executive Director, Head of Research, Hong Kong, Cushman & Wakefield, added, “Most Hong Kong banks followed in the footsteps of the U.S. Federal Reserve’s rate cut in September, sending a positive signal to the market. Although the residential market did not immediately rebound, the recent notable stock market rise and historical high transaction record do reflect a strengthening in investors’ confidence. Looking ahead to Q4, the residential sector will still face pressures from the still-high interest rate environment and ample residential inventory. We see the pace of market recovery to be highly dependent on upcoming stock market performance and the pace of further rate reductions. Historically, low interest rates will benefit the housing market, while housing sector performance will lag the stock market for a few months. Against this backdrop, if the rate cut and stock market comeback can persist, the wealth effect will bring renewed confidence to the residential market. We expect housing market prices to enter a consolidation phase in Q4, although our current forecast is for prices to further correct in the range of -5% for the full-year 2024. Meanwhile, the overall residential rental level, which has gained 6.2% in the first eight months of the year in response to the inflow of international talent and Chinese mainland students, is expected to rise in a range of 5% to 10% for the full-year 2024.”
Hashtag: #Cushman&Wakefield

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

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2023, the firm reported revenue of $9.5 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

SHAH ALAM, MALAYSIA – Media OutReach Newswire – 8 October 2024 – On December 1, 2022, BEST Group officially launched its cargo network in Malaysia. In just two years, BEST Cargo has rapidly risen to become a major driver in Malaysia’s logistics industry, achieving 100% nationwide coverage. This comprehensive network has significantly contributed to the expansion of Southeast Asia’s logistics landscape.

During this period, BEST Cargo business saw over 300% growth, a remarkable milestone that reflects the successful integration of global logistics networks with cutting-edge technology and innovation.

The success of BEST Cargo operations is deeply rooted in its advanced technology-driven model. Over the past two years, the company has introduced intelligent logistics technology and fully automated sorting systems, drastically improving delivery efficiency and accuracy. With 100% nationwide coverage, BEST Cargo now serves key industries such as e-commerce, manufacturing, and retail, providing a full spectrum of logistics solutions from less-than-truckload (LTL) shipping to large-scale cargo handling. Whether handling domestic logistics demands or complex cross-border shipments, BEST Cargo’s intelligent network has effectively reduced delivery times, lowered operational costs, and optimized overall supply chain efficiency.

Transforming Malaysia’s Logistics Sector

The arrival of BEST Cargo in Malaysia has brought transformative changes to the local logistics industry. With over 200 service points and self-operated intelligent sorting centers, BEST Cargo has significantly enhanced the logistics infrastructure, fueling the growth of e-commerce and related industries. As Malaysia continues to strengthen its position as a key trade hub in Southeast Asia, the modernization and efficiency of its logistics sector are critical to supporting both domestic markets and cross-border trade.

In recent years, Malaysia has witnessed rapid growth in e-commerce and manufacturing, driving a surge in demand for efficient logistics services.

BEST Cargo, by integrating global logistics network resources, has provided personalized logistics solutions for these key industries, promoting innovation across the supply chain.

In the e-commerce sector, BEST Cargo also partners with major international platforms such as Shopee, Cainiao, and TikTok, ensuring Malaysian businesses and consumers benefit from faster and more reliable logistics services. In addition, BEST Cargo has established strong partnerships with leading local brands, earning widespread market trust and recognition.

Driving Bilateral Trade Between China and Malaysia

The extraordinary achievements of BEST Cargo operations are powered by technological innovation and the seamless integration of a global logistics network.

Commenting on this success, Gavin Lu, General Manager of BEST Inc Malaysia, stated, “Since the launch of BEST Cargo in Malaysia in 2022, we have experienced rapid growth, driven by advanced technology and the support of our global network. We are proud to have achieved nationwide coverage and 300% growth in just two years. This success would not have been possible without the hard work of our team and the trust of our partners. We remain dedicated to providing efficient and precise logistics services that meet diverse customer needs, from small parcels to large cargo.”

Looking ahead, Gavin added, “BEST Cargo will continue to focus on technological innovation and enhancing customer experience. We plan to expand our cross-border logistics network across Southeast Asia, offering smarter and more flexible solutions for both local and international customers. We believe that through our technology-driven approach and continuous service upgrades, BEST Cargo will not only maintain its leadership in Malaysia but also become a major force in the global logistics industry.”

Celebrating 50 Years of China-Malaysia Diplomatic Relations and Stimulating Bilateral Trade

The year 2024 marks the 50th anniversary of diplomatic relations between China and Malaysia, an important milestone that highlights the deepening economic ties between the two nations. The launch of BEST Cargo in Malaysia has undoubtedly injected new energy into the development of bilateral trade. Through its expertise in cross-border logistics and global network, BEST Cargo provides strong logistical support for trade between China and Malaysia.

Aligned with the Belt and Road Initiative, BEST has opened new channels for Malaysian businesses to access the Chinese market and beyond, while also offering Chinese companies efficient and reliable logistics solutions as they expand into Southeast Asia.

As economic cooperation between China and Malaysia continues to grow, BEST Cargo is playing a pivotal role in driving collaboration in logistics and supply chain development. Leveraging its intelligent logistics technology, BEST Cargo has accelerated the flow of goods between the two countries, contributing to steady growth in bilateral trade. Particularly in the cross-border e-commerce and manufacturing sectors, BEST Cargo offers flexible and efficient logistics solutions that enhance trade efficiency and market competitiveness.

Technology-Driven Growth and Value-Added Services for the Future

BEST Cargo is not just a logistics company but a seamless integrator of technology and service. In addition to its core logistics services, BEST Cargo offers various value-added services such as pre-shipment inspections, cash on delivery (COD), and cargo insurance, ensuring that every shipment is secure and reliable. This comprehensive service model has earned BEST Cargo the trust and loyalty of its customers.

Moving forward, BEST Cargo will continue to drive the transformation of the logistics industry through technological innovation. With its extensive cargo network and “one-stop” cross-border services, BEST Cargo is breaking new boundaries and connecting the world. As China-Malaysia economic relations deepen further, BEST Cargo remains committed to promoting bilateral trade and driving regional economic cooperation.
Hashtag: #BESTInc #Logistics #Cargo #BESTCargo #CrossBorder #Fulfillment

https://www.best-inc.my/
https://www.linkedin.com/company/bestinc/
https://www.facebook.com/BESTExpressMalaysia
https://www.instagram.com/bestexpressmalaysiaofficial/

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

About BEST Cargo

A subsidiary of BEST INC, BEST Cargo provides door-to-door delivery services for bulky items weighing over 30 kilograms, as well as less-than-truckload and full-truckload services.

The company also offers value-added services such as pre-shipping inspections, cash-on-delivery (COD), proof of delivery (POD), Cargo insurance, and large item doorstep delivery.

BEST Cargo ‘s intelligent sorting center in Shah Alam was officially put into use, employing innovative technology for high-speed automated sorting and scanning.

BEST Cargo’s 100% coverage of the network in Malaysia, enable it to provide a two-way cross-border of “one-bill till end” service from China to Malaysia.

Connecting the Future: Bridging The Worlds of Aesthetic Medicine, Skin Health Management, Surgical Treatments & Anti-aging in The Greater Bay Area

HONG KONG SAR – Media OutReach Newswire – 8 October 2024 – Organized by Aesthetic Society for Asia Pacific and Deltus, Aesthetic Medicine & Surgery Conference & Exhibition (AMSC) Hong Kong will be held on 16-17 December at Hong Kong Convention & Exhibition Center (HKCEC) Level 3. As the first and largest medical aesthetic event ever organized in Hong Kong which receives support from the Hong Kong SAR Government and the Tourism Board, this international conference and exhibition covers supporting and partnering units all around APAC region and the Greater Bay Area, providing a hub for industry excellence and networking opportunities.

Building upon three successful years in Kuala Lumpur, Malaysia, the highly anticipated AMSC is expanding its impact to another Asian metropolis with a strategic location, marking its grand debut in Hong Kong this year. Hong Kong is well-situated at a geographically strategic location that connects APAC region and the Greater Bay Area, including major cities like Shenzhen, Guangzhou, and Macau, facilitating seamless connectivity.

Strong Connections and Database from All Around the World

Leveraging its strong connections and alliances with global professionals, experts, and industry leaders in the medical aesthetic community, AMSCHK invited over 1200 professional doctors and other affiliates, over 70 international speakers, and over 60 international sponsors from all over the world to participate at the conference and exhibition, showcasing their latest advanced products and technologies. Highly respected professors from Chinese top-tiered hospitals, who are remarkably influential to the researches and standards of the Aesthetic Medicine field in China, will be the honourable speakers of AMSCHK, to share their profound knowledge and experience of the China market. To foster global networking opportunities, this conference and exhibition creates a hub for international participants, including the Department of Cosmetic & Plastic and Reconstructive Surgery in China Grade IIIA Hospitals, esteemed associations and academies in local and APAC societies for fruitful collaborations and thriving medical aesthetic developments.

A Golden Opportunity for Business Growth in the Greater Bay Area

AMSCHK is expected to attract over 1,200 delegates and buyers, hundreds of global experts, and more than 150 industry brands, making it a prime opportunity for professional exchange and business growth in the Greater Bay Area. This conference and exhibition offers medical lectures, training and an academic exchange platform for global professionals, with 8 CME credits available for Medical Professionals. Exhibitors spanning across all fields from filler, machines, to imaging system and medicine, will be hosting booths and symposiums to showcase their latest products and technologies. It also provides a golden opportunity for brand development events and long-term partnerships, letting all participants greatly expand the strong network of allies to maximize synergies and mutual benefits.

AMSCHK marks the introduction of an exciting new international conference and exhibition in Hong Kong that celebrates the collaborative spirit driving growth in the industry, which promises to expand and elevate Hong Kong’s vibrant and thriving medical and aesthetic sectors. By showcasing the power of collaborative knowledge sharing and innovation across regions, AMSCHK will become the leading platform in Bridging The Worlds of Aesthetic Medicine, Skin Health Management, Surgical Treatments & Anti-aging in The Greater Bay Area and beyond.

For more information, visit AMSCHK’s website at www.amsc.com.hk

Hashtag: #AMSCHK

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

About AMSC

AMSC Hong Kong represents a significant international expansion of the esteemed Aesthetic Medicine & Surgery Conference & Exhibition (AMSC), a well-established event that has achieved great success in the Asia Pacific region and has been centered in cosmopolitan Kuala Lumpur, Malaysia for the past two years. With annual editions, including the highly anticipated gathering in 2024, the Hong Kong extension mirrors the success of its Malaysian counterpart. Coordination efforts are led by the Malaysian Society of Aesthetic Medicine and the experienced M.I.C.E. event organizing company, Deltus Sdn Bhd. Renowned for its extraordinary success in Malaysia, the AMSC has evolved into the premier event in the field, attracting top-tier companies, experts, and participants from across the globe to Kuala Lumpur. Building on this legacy, we are enthusiastic about introducing the inaugural AMSC HONG KONG edition in collaboration with the Aesthetic Society of Asia Pacific (ASAP), as we extend our reach and host this prestigious event in a new international setting. Together, AMSC extends into the great Asia Pacific region and the international stage.

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

Shopee

Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise and grow their online presence, helping more people access and benefit from digital services, and uplifting local communities.

Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping homegrown brands and entrepreneurs succeed in e-commerce.

Shopee is part of Sea Limited (NYSE: SE), a leading global consumer internet company. Sea’s mission is to better the lives of consumers and small businesses with technology through its three core businesses: Shopee, Garena and SeaMoney.