Hong Kong teams encompass three awards with one Gold, one Silvers and one Bronze

HONG KONG SAR – Media OutReach – 10 July 2023 – The “Asia Smart App Awards 2022/2023” (ASA), organised by the Hong Kong Wireless Technology Industry Association (WTIA), was held at Cyberport on June 29. This brought together experts and leaders from the fields of smart applications, creativity, and information technology in Hong Kong and 16 Asian countries and regions, to celebrate shared triumphs in innovation.

Hong Kong’s contestants demonstrated their prowess in this competition once again, as four out of the nine finalist teams hailed from the city. They contended for the “Public Sector and Social Innovation Category”, “Lifestyle & Entertainment Category “and “Business and Commercial Category “along with 5 competitors from Israel, Malaysia, Thailand, and Vietnam. The new “Best Augmented & Virtual Reality App” (Special Mention Award on VR/AR – Best Augmented & Virtual Reality App) which was introduced in this edition, was also won by a Hong Kong company.

This highly-regarded event, which marks its ninth occurrence this year, was sponsored by the “Create Hong Kong” (“CreateHK”) initiative of the Hong Kong Special Administrative Region Government. “ASA” stands as a major event in the Asia smart app industry, boasting partnerships from Hong Kong and 16 other Asian regions this year, including the Mainland, Israel, Indonesia, Japan, South Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Sri Lanka, Myanmar, India, Cambodia and Bangladesh. This initiative offers an unparalleled platform for exchange within the Asia smart app industry and also marks the first competition and award presentation to occur in-person after the pandemic.

At this year’s award ceremony, The Hon. Duncan Chiu, Legislative Council Member for Technology and Innovation, was invited as a distinguished guest and speaker. He extended his gratitude to the WTIA and other partners for successfully organising this year’s awards and congratulated all the triumphant teams. Mrs. Lowell Cho, Assistant Head of CreateHK of the Government of the Hong Kong Special Administrative Region, was invited to officiate and reveal the winners.

Keith Li, Chairman of the WTIA, expressed at the award ceremony, “It brings me great pleasure that we can host this event successfully in the Asian region again and convene experts from 16 Asian countries/ regions after pandemic. This year, participants demonstrated great enthusiasm. Following several rigorous selection stages, representatives from Hong Kong and professional judges from other Asian regions whittled down over 140 shortlisted entries to the top nine. The competition amongst these selected works was intense. These finalist teams underwent a final round of selection this morning in Hong Kong, with 16 industry experts from across Asia countries/ regions jointly assessing to ultimately decide the gold, silver, and bronze awards for each category. One of the gold winners also received the Grand Award to acknowledge their innovative skills and their efforts in smart app development.”

The “Asia Smart App Awards 2022/2023” had three main award categories: Public Sector & Social Innovation Category, Lifestyle & Entertainment Category, and Business and Commercial Category. There were nine finalists, which included four from local Hong Kong enterprises. They competed with teams from Israel, Malaysia, Thailand, and Vietnam for the gold, silver, and bronze awards. The gold winners of each award category were further assessed to determine this year’s “Asia Smart App Grand Award” recipient. Additionally, the “Asia Smart App Awards” introduces the new “Best Augmented & Virtual Reality App” (Special Mention Award on VR/AR – Best Augmented & Virtual Reality App) starting from this edition, to recognise the outstanding products in the industry that have best utilised virtual/augmented reality. The Award was won by Present AR developed by the team from Hong Kong enterprise, 417 Technology Limited. The app combines AR imaging technology and interactive system, supports human posture, hand gesture recognition, and other natural input, allowing users to express themselves and make the presentation more naturally and smoothly.

The list of the Asia Smart App Awards 2022/2023’s awardees* is as follows:

Public Sector & Social Innovation Category:

• Gold Award – Hong Kong: PRAISE-HK-EXP (Institute for the Environment, HKUST)
• Silver Award – Vietnam: BusMap (PHENIKAA MAAS)
• Bronze Award – Thailand: HandySense (National Electronics and Computer Technology Center)

Lifestyle and Entertainment Category:

• Gold Award – Israel: Photo Scan by Photomyne (Photomyne)
• Silver Award – Malaysia: Touch ‘n Go eWallet (TNG Digital Sdn. Bhd.)

Business and Commercial Category:

• Gold Award – Malaysia: Fasstap™ (Soft Space Sdn Bhd)
• Silver Award – Hong Kong: Lalamove Deliver Faster (Easy Mobile Logistics Hong Kong Limited )
• Bronze Award – Hong Kong: ARC Robot Control and Management (R2C2 Limited)

Asia Smart App Grand Award

• Israel: Photo Scan by Photomyne (Photomyne)

(Special Mention Award on VR/AR – Best Augmented & Virtual Reality App)

Awardee: Present AR, 417 Technology Limited (Hong Kong)

*Please also refer to the official website at https://contest2022-23.bestasiaapp.hk/

for further details of the Asia Smart App Awards 2022/2023 and winner list of the Certificate of Merit in each category.

The Hong Kong Wireless Technology Industry Association (WTIA) organises the Asia Smart App Awards (ASA) 2022/2023, the 9th edition following the success of past editions, with funding support from Create Hong Kong of the Government of the Hong Kong Special Administrative Region. The Awards are dedicated to recognising the contributions of industry insiders to the smart app industry, provide a networking platform smart app industry professionals from local to Asia regions, encouraging growth and development within the industry.

WTIA remains committed to enhancing the reach of these awards across Asia, bolstering the development of the local smart app industry, and facilitating local smart app talent in business expansion. The awards have drawn participants from an increasing number of Asian countries and regions, including Hong Kong, the Mainland, Israel, Indonesia, Japan, South Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Sri Lanka, Myanmar, India, Cambodia, and Bangladesh.

Besides the “Asia Smart App Awards 2022/2023” Award Presentation Ceremony, the Asia Smart App Summit was held on the same day. The summit convened expert representatives from 15 Asian countries and regions to engage in discussions about trending topics such as ICT Ecosystem, Start UP: Key factors and challenges and The Rise of AI.

Hashtag: #WTIA #ASA2023 #ASA #Asiasmartappaward

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

Hong Kong Wireless Technology Industry Association

The Hong Kong Wireless Technology Industry Association (WTIA), established in 2001, is a not-for-profit, politically-neutral trade association dedicated to the wireless and mobile industry. The WTIA acts as a platform, an aggregator, and a community for industry professionals to learn and drive emerging wireless and mobile technologies, governance, and standards. It facilitates networking among likeminded professionals, boost interoperability between networks and devices, and strives to help all organizations apply these technologies to existing or new businesses. The WTIA also represents and is supported by digital industries pertaining to mobile such as digital entertainment, digital marketing and media, and start-up sectors.

About Asia Smart App Awards (ASA)

The Hong Kong Wireless Technology Industry Association (WTIA) organises the Asia Smart App Awards (ASA) 2022/2023, the 9th edition following the success of past editions, with funding support from Create Hong Kong of the Government of the Hong Kong Special Administrative Region. By uniting 16 co-organisers from Bangladesh, Cambodia, Israel, India, Indonesia, Japan, Korea, the Mainland, Malaysia, Myanmar, Philippines, Singapore, Sri Lanka, Taiwan, Thailand, and Vietnam, in addition to Hong Kong, the ASA carries this auspicious occasion to further encourage the development of the expanding smart application industry. For more details about the ASA, please visit www.bestasiaapp.hk.

KUALA LUMPUR, MALAYSIA – Media OutReach – 10 July 2023 – Kenanga Investors Berhad has received three prestigious awards at the FSMOne Recommended Unit Trust Awards 2023/2024. The Kenanga Growth Fund Series 2 (“KGFS2”), Kenanga Shariah Growth Opportunities Fund (“KSGOF”) and the Kenanga Shariah OnePRS Growth Fund (“KSOGF”) have won the Sector Equity – Malaysia Focused, Sector Equity – Malaysia Small to Medium Companies (Islamic), and the Private Retirement Scheme – Growth (Islamic) awards respectively.

This marks KGFS2 and KSGOF’s second consecutive wins in their respective categories. This achievement serves as a testament to the firm’s unwavering commitment to delivering outstanding investment solutions and solidifies its prominent position as a leader in the field.

The firm adopts both a top-down and bottom-up research in portfolio construction. “After deciding on the asset allocation including invested and cash levels, the portfolio is constructed based on sector and stock selection. High conviction stocks are given higher allocation in the portfolio unless there is a liquidity constraint”, says Executive Director and Chief Executive Officer, Datuk Wira Ismitz Matthew De Alwis. He explains that during periods of higher volatilities, the investment team may tactically scale back equity exposure to stay defensive.

“As we navigate the current market conditions, characterised by potential volatility and the Federal Reserve’s focus on combating inflation, our investment strategy remains prudent,” commented Datuk Wira De Alwis. “We will adopt a balanced approach with regard to market and sector positioning. While domestic fundamentals and valuation remain supportive, the market might still be affected by global risk events. Sector-wise, we continue to favour the consumer and industrials sector. We have also observed trading opportunities in the oil & gas sector while we adopt a buy on weakness stance for the tech sector as the key beneficiary of long-term growth trends”.

The KSGOF fund has achieved impressive returns of 154.46% since inception, outperforming its benchmark of 71.71%. Similarly, the KGFS2 fund has demonstrated sustainable performance, delivering returns of 49.53% against a benchmark of 46.06% since inception while KSOGF has shown commendable returns of 9.90% compared to a benchmark of 4.95% since inception, illustrating its ability to generate consistent growth over the long term.

Datuk Wira De Alwis explains that the firm remains committed to offering investors a wide range of diversification options, as evidenced by the latest addition to its product line-up, the Kenanga US Dollar Fund. “The Fund aims to cater to investors seeking a regular stream of income, specifically targeting those with a medium to short-term investment horizon by investing in The U.S. Dollar Fund, providing investors with exposure to the U.S. dollar and its potential returns. The Fund’s performance will be benchmarked against the Maybank USD Overnight Deposit Rate and has an initial investment amount of USD50,000”.

The FSMOne Recommended Unit Trust Awards honours the unit trusts that make it to the Recommended Unit Trust list of the year. Each fund is evaluated based on performance, risk and other factors such as consistency in the fund manager’s investment approach, the departure of key personnel as well as the stability of the management team.

For more information about Kenanga Investors, please visit www.kenangainvestors.com.my.

*Source of investment performance: Lipper, 30 April 2023

Hashtag: #Kenanga

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

Kenanga Investors Berhad 199501024358 (353563-P)

We provide investment solutions ranging from collective investment schemes, portfolio management services, and alternative investments for retail, corporate, institutional, and high net worth clients via a multi-distribution network.

The Hong Kong-based Asia Asset Management’s 2023 Best of the Best Awards awarded KIB under the following categories, Malaysia Best Impact Investing Manager, Malaysia Best Equity Manager, Malaysia CEO of the Year, Malaysia Best House for Alternatives and Malaysia Most Improved Fund House.

At the Refinitiv Lipper Fund Awards Malaysia 2023, KIB won overall best Mixed Assets – Malaysia Pension Funds Group award for the fourth time. Accompanying this were individual fund wins awarded to:

• Kenanga Malaysian Inc Fund (“KMIF”) for best Equity Malaysia Diversified – Malaysia Provident Funds over 10 Years
• Kenanga Managed Growth Fund (“KMGF”) for best Mixed Asset MYR Flexible – Malaysia Provident Funds over 3 Years
• Kenanga Managed Growth Fund (“KMGF”) for best Mixed Asset MYR Flexible – Malaysia Provident Funds over 5 Years
• Kenanga Managed Growth Fund (“KMGF”) for best Mixed Asset MYR Flexible – Malaysia Provident Funds over 10 Years

The Asset Benchmark Research has ranked KIB as Highly Commended on its list of ‘Top Investment Houses’ in the Asian Local Currency Bond Awards for Asset Managers.

At the United Nations Global Compact Network Malaysia & Brunei (“UNGCMYB”) Sustainability Performance Awards 2022, we received the “Sustainable Products” award for our launch of sustainable products, which cover the Kenanga Sustainability Series – a suite of multi-asset class products rooted in sustainability considerations to advance long-term financial growth for investors and to generate social and financial value for surrounding communities. The award also recognised the first SRI-qualified high yield bond fund in Malaysia, the Kenanga Sustainability Series: High Yield Bond Fund.

The FSMOne Recommended Unit Trusts Awards 2023/2024 named Kenanga Growth Fund Series 2 as “Sector Equity – Malaysia Focused”, Kenanga Shariah Growth Opportunities Fund as “Sector Equity – Malaysia Small to Medium Companies (Islamic)” and Kenanga Shariah OnePRS Growth Fund as “Private Retirement Scheme – Growth (Islamic)”.

For the sixth consecutive year, KIB was affirmed an investment manager rating of IMR-2 by Malaysian Rating Corporation Berhad, since first rated in 2017. The IMR rating on KIB reflects the fund management company’s well-established investment processes and sound risk management practices. During the first half of 2021, KIB’s 20 largest unit trust funds outperformed its benchmarks for the one-year, three-year and five-year periods

Disclaimer: Investors are advised to read and understand the Master Prospectuses (“MPs”), the Supplemental Master Prospectus (“SMP”) (if any), Information Memorandums (“IM”) (if any), Product Highlights Sheets (“PHS”) as well as consider the fees, charges and risk factors involved before investing. The MP, SMP (if any), IM (if any) and PHS have been registered and/or lodged with the Securities Commission Malaysia (“SC”), who takes no responsibility for its contents and related advertisement or marketing materials, does not indicate that the SC has recommended or endorsed the product/service. The advertisement has not been reviewed by the SC. Investors have the right to request for a copy of PHS and other relevant product disclosure documents which are available at our office, at any authorised distributors and our corporate website before making investment decisions. If you are in doubt when considering the investment or any of the information provided, you are advised to consult a professional adviser. A Fund’s track record does not guarantee its future performance. Kenanga Investors Berhad is committed to prevent conflict of interest between its various businesses and activities and between its clients/director/shareholders and employees by having in place procedures and measures for identifying and properly managing any apparent, potential and perceived conflict of interest by making disclosures to Clients, where appropriate. Kenanga Investors Berhad 199501024358.

First automated park deploying cold chain logistics distribution technologies

HONG KONG SAR – Media OutReach – 10 July 2023 – Freshippo, Alibaba Group’s digital intelligence-powered new retail company, has officially launched its supply chain center in Shanghai. The center, with a total area of nearly 1 million square feet, has the largest area of any Freshippo supply chain center, boasts the highest technological capabilities, and has received the greatest investment.

The center, located in Pudong New Area of Shanghai, took 3 years to build. It is a comprehensive supply center that integrates the processing of agricultural products, research and development into ready-to-eat food, the cold storage of semi-finished food, a centralized kitchen, and cold chain logistics distribution. As the fresh supply hub for Freshippo in Shanghai, the center not only supports over a hundred of Freshippo Supermarkets, Freshippo X Clubs and other retail store formats in Shanghai, but also covers the whole east China region, including areas such as Nanjing, Suzhou, Hangzhou and Hefei.

“The announcement of the center marks the upgrading of Freshippo’s new retail supply chain. It will be driven by data to promote the full automation of Freshippo’s warehouse operations and management. At the same time, it will use Freshippo’s special central kitchens to greatly improve the efficiency of our supply chain, and will reduce operating costs and fully process various agricultural products to add business value”, explained Hao Jingbin, director of Freshippo supply chain center.

“This is Freshippo’s first wholly automated park, which includes an automated cold chain fresh processing center and a series of logistics automation facilities systems. It also leverages technologies such as 5G, the Internet of Things and blockchain to achieve full automation and digitization of the entire supply chain, which helps to improve supply chain efficiency and reduce operational costs.”

The center leverages automated equipment such as automated guided vehicles (AGV), robotic arms and cross-belt sorters. AGVs use QR code and inertial navigation technologies, which allow them to be deployed on the cloud server during the product sorting process. Based on intelligent algorithms, the vehicles can follow the optimal path and work together to transport unpacked goods. Through this process, the center can sort more than 2.8 million items per day.

Tang Lei, director of Freshippo Shanghai Centralized Kitchen, said, “Another major feature of the supply chain center is its centralized kitchen, where fresh ingredients are processed into prepared dishes, complementing the full supply chain process of Freshippo’s private brand prepared dishes products from research and development to production and transportation. From raw materials to the production of fresh food, and transportation to stores, every step along the supply chain can be traced. This not only ensures high standards of food safety, but also greatly improves the iteration speed and promotion efficiency of self-developed food, to help Freshippo vigorously develop prepared dishes, so that consumers can quickly enjoy delicious fresh food of Freshippo’s own brand in the busy urban life.”

Since its establishment, Freshippo has vigorously developed its fresh logistics supply chain and built a backbone logistics network, putting its seven supply chain centers in northwest, southwest, central and east China into production one after another. Freshippo is devoted to building a large-scale fresh multi-temperature layer logistics system to better serve consumers nationwide.

Hashtag: #Freshippo

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

About Freshippo

Freshippo is Alibaba Group’s digital intelligence-powered new retail company. Headquartered in Shanghai, Freshippo operates more than 300 stores across 27 cities in mainland China.