Terraoil Swiss AG: Terraoil Announces Date for Extraordinary Shareholders’ Meeting

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July 6, 2022

Extraordinary Shareholders’ Meeting to be held on July 21, 2022

STEINHAUSEN, SWITZERLAND – EQS Newswire – 6 July 2022 – Terraoil Swiss AG, an energy company with a strong focus on the Mediterranean is pleased to announce that it has set the date for an extraordinary Shareholders’ Meeting to be held by proxy on July 21, 2022. Based on Art. 8 of the Covid 19 Act and Art. 27 of the Covid 19 Ordinance 3, the Board of Directors has decided to hold the extraordinary Shareholders’ Meeting without the personal participation of shareholders. Voting and questions or requests to speak will be made exclusively via the independent proxy.

The agenda items include the approval of a&o kreston audit ag as the company’s auditor for 2020 and 2021 and the relocation of the company’s registered address to Steinhausen, Zug, Switzerland.

Chief Executive Officer, Peter Krempin commented:
“The developments to be approved in the EGM assist the Company in moving forward. Our new office is better set up for future growth and approval of the new auditors will allow us to proceed with the audits for 2020 and 2021. Once these audits have been completed, we will be able to hold the Annual General Meetings for 2020 and 2021 and provide shareholders with an in-person update on the exciting developments of Terraoil.”

If you are an Terraoil shareholder and would like additional information, contact Peter Krempin either via email investors@terraoil.swiss or by telephone at +41 71 544 01 20.

Hashtag: #TerraoilSwissAG

About Terraoil Swiss AG

Terraoil is an international energy company with a focus to identify and rapidly advance business opportunities in the upstream oil and gas and renewable energy sectors in the Mediterranean region.
https://terraoil.swiss

Terraoil forward-looking statements
This media release serves informational purposes and constitutes neither an offer to sell nor a solicitation or an advertisement to buy any shares of Terraoil Swiss AG in any jurisdiction. This media release does not constitute a prospectus within the meaning of Article 35 et seqq. of the Swiss Federal Act on Financial Services. In addition, investors should seek advice from their bank or their financial adviser. This media release and the information contained therein are not being issued for the purpose of selling shares in the United States of America, Australia, Canada, Japan, the United Kingdom, or the European Economic Area and must not be distributed within or to such countries or via publications with a general circulation in such countries.

This media release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties which may cause actual results, performance, or events to differ materially from those anticipated in this media release. Readers should therefore not rely on these forward-looking statements. The forward-looking statements contained in this media release are based on the views and assumptions of Terraoil Swiss AG as of this date and Terraoil Swiss AG does not assume any obligation to update or revise this media release.

Laos and Cambodia Renew Commitment to Strengthening Bilateral Cooperation

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Laotian Times

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July 6, 2022

Foreign minister Prak Sokhonn (second right) and his Lao counterpart Saleumxay Kommasith (second left) at a meeting in February (Cambodia Ministry of Foreign Affairs and Internal Cooperation)

Cambodia and Laos have said they are committed to exploring opportunities to develop and advance their “close and comprehensive collaboration” for the mutual benefit of each country.

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Dachser announces new Managing Director for its Hong Kong Business Area

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Laotian Times

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July 6, 2022

Marcel Schmidt has been named Managing Director Air & Sea Logistics Hong Kong

HONG KONG SAR – Media OutReach – 6 July 2022 – German-based logistics service provider Dachser is pleased to announce a new appointment. On July 1, 2022, Marcel Schmidt started his new role as Managing Director of Dachser Hong Kong. He reports to Kevin Chen, Managing Director Air & Sea Logistics Greater China.

*Marcel Schmidt, Managing Director Air & Sea Logistics Hong Kong*

Schmidt started his career at Dachser with a work-study program in Germany in 1997. After years working in the local and national branches in Germany, he joined the company’s Head Office in Kempten in 2008. He then made an international move to Hong Kong in 2015, working at the company’s Regional Head Office Asia Pacific. During his long tenure at Dachser, he has held various positions in Business Process and Organization, Operations Management, Air Freight and Controlling in the Air & Sea Logistics Business Field. His previous position was Department Head Controlling, Asia Pacific.

With his wealth of experience, Schmidt now leads the Hong Kong Business Area with a strong team of 110 employees. The German industry expert is responsible for ensuring reliable service with high quality, working hand in hand with the regional and global product organization to further develop the services. He aims to take the company’s performance to the next level.

About Dachser:

Headquartered in Germany, Dachser is one of the world’s leading logistics providers. Using its own in-house developed IT-systems, the company incorporates transport, warehousing, and value-added services to provide comprehensive supply chain solutions. Thanks to some 31,800 employees at 376 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 7.1 billion in 2021. The same year, the logistics provider handled a total of 83.6 million shipments weighing 42.8 million metric tons. The logistics service provider is represented by its own country organizations in 42 countries.

In Asia, Dachser has branch offices in 43 locations across 12 Business Areas. Its Asia Pacific Regional Head Office is located in Hong Kong. For more information about Dachser, please visit dachser.hk

#Dachser

Laos Becomes Member of World Baseball Softball Confederation

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Laotian Times

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July 5, 2022

Laos was voted in and introduced as a new member of the World Baseball Softball Confederation (WBSC) this week.

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Mr. Mark Chan, Chairman of Wisdomcome Group, satisfied the Offer to acquire Easy Repay

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Laotian Times

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July 5, 2022

HONG KONG SAR – Media OutReach – 5 July 2022 – Best Richest Management Company Limited, a direct wholly and beneficially owned company of Mr. Mark Chan, Chairman of Wisdomcome Group (“Wisdomcome” or “the Group”), has received valid acceptances in approximately 16.00% of the entire issued share capital of Easy Repay Finance & Investment Limited (“Easy Repay”, stock code: 8079.HK). Together with the 34.24% equity interest acquired earlier, Mr. Mark Chan currently holds approximately 50.24% of the of the total issued share capital of the Company. Accordingly, the condition of the Offer has been satisfied and the Offer has become unconditional.

Easy Repay is principally engaged in the money lending business, retail and wholesale business. It has actively participated in money lending business for eight years and has built up a wide solid client base. It operates four “People’s Market” retail shops which are located in Wanchai, Lai Chi Kok, Tai Po and Kowloon Bay and an online business for the sales of grocery products. Wisdomcome has extensive experience in operating retail businesses in health food, pharmaceutical products and pet food and supplies with substantial retail network in Hong Kong. The acquisition is expected to create synergetic effect which strengthens the Group’s retail businesses in Hong Kong.

About Wisdomcome Group

Wisdomcome Group was founded by Mr. Mark Chan in Hong Kong in 2003. Its brands include Wisdomcome Real Estate, Wisdomcome Investment, and Petmacy, and its businesses include but are not limited to: 1) pet product research, manufacturing and distribution; 2) health care product research, manufacturing and distribution; and 3) property investment. Another well-known brand founded by Mr. Mark Chan is Royal Medic, which is a health care brand listed in Hong Kong with market capitalization at one stage exceeding HK$5.8 billion. He retired from this company in 2020 and has since ventured into the pet category and other businesses and investments.

#WisdomcomeGroup

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

PolyU launches the largest interdisciplinary research platform in Hong Kong and the Greater Bay Area to advance the development of an international innovation hub

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Laotian Times

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July 5, 2022

HONG KONG SAR – Media OutReach – 5 July 2022 – The Hong Kong Polytechnic University (PolyU) has established the PolyU Academy for Interdisciplinary Research (PAIR) – the largest research platform of its kind in Hong Kong and the Greater Bay Area to foster interdisciplinary research, partnership with world-renowned scholars, and the transfer of technologies to stakeholders.

PAIR focuses on research in frontier areas such as artificial intelligence, carbon neutrality, deep space exploration, smart cities, smart energy, and many more. The Academy will make impactful contributions to the development of Hong Kong and the Greater Bay Area into an international innovation and technology hub.

Comprising 16 research institutes and centres with over 400 highly qualified PolyU senior researchers from all over the world, the interdisciplinary research platform is the largest among its peers in the Greater Bay Area. It pools top brains with a wealth of investigative and professional experience to conduct PAIR’s cutting-edge interdisciplinary research programmes.

The Academy aspires to offer solutions to unprecedented societal challenges arising from climate change, food safety, an ageing population, disease, energy shortages, etc. It will also aim to promote sustainable development and growth. The PAIR research institutes and centres will furthermore address the opportunities brought about by the emerging technologies of the Fourth Industrial Revolution that will change how people work and live, such as artificial intelligence, data science, the Internet of Things, and robotics.

PAIR’s innovative research projects are supported by PolyU’s world-class laboratories and state-of-the-art facilities, including the State Key Laboratories and the Chinese National Engineering Research Centres (Hong Kong Branches).

Prof. Jin-Guang TENG, President of PolyU, said the University is committed to developing innovations across disciplines and cultivating impactful solutions to the global challenges of today. He said, “PAIR will also promote and facilitate the establishment of close partnerships with industries and the community, ensuring the real-world significance and impact of its research. Furthermore, the Academy will play an important role in developing and supporting research collaboration activities with counterparts in the Mainland and around the world. PolyU will leverage its leading research and innovation capability and capitalise on the Greater Bay Area’s manufacturing strength to build the region into an international innovation and technology hub.”

Prof. Christopher CHAO, Vice President (Research and Innovation) of PolyU, said the expansion of interdisciplinary research over the past decade has brought about a fundamental change in the basic concepts and practices of a scientific discipline. He added, “New disciplines may also emerge from the extensive research currently being performed by scientists in this interdisciplinary environment. Their research may have a wide-ranging positive impact, expanding knowledge and improving the quality of life.”

The Academy is headed by Prof. Qingyan CHEN, Director of PAIR, Global STEM Professor, and Chair Professor of Building Thermal Science in the Department of Building Environment and Energy Engineering of PolyU. He is Professor Emeritus of Mechanical Engineering at Purdue University, United States, after a distinguished stint of two decades at the prestigious university. He also serves as the Editor-in-Chief of the Building and Environment journal since 2008.

Prof. Chen said, “Interdisciplinary research can be one of the most productive and inspiring of human pursuits to produce solutions to the profound issues that society is facing. PAIR researchers are expanding knowledge and solving challenging problems through basic and applied interdisciplinary research, integrating disciplines not only from science, technology, engineering, and mathematics, but also from business, design, social science, humanities, and management.”

The official inauguration of PAIR will be held on 16 July 2022 at the Jockey Club Auditorium on campus and is one of the key events at the PolyU InnoTech Open Day.

Appendix

PolyU Academy for Interdisciplinary Research
Research Institutes and Centres

Research Institute for Advanced Manufacturing (RIAM)
Research Institute for Artificial Intelligence of Things (RIAIoT)
Research Institute for Future Food (RiFood)
Research Institute for Intelligent Wearable Systems (RI-IWEAR)
Research Institute for Land and Space (RILS)
Photonics Research Institute (PRI)
Research Institute for Smart Ageing (RISA)
Otto Poon Charitable Foundation Smart Cities Research Institute (SCRI)
Otto Poon Charitable Foundation Research Institute for Smart Energy (RISE)
Research Institute for Sports Science and Technology (RISports)
Research Institute for Sustainable Urban Development (RISUD
Research Centre for Chinese Medicine Innovation (RCMI)
Research Centre for Deep Space Explorations (RCDSE)
Mental Health Research Centre (MHRC)
Research Centre for Resources Engineering towards Carbon Neutrality (RCRE)
Research Centre for SHARP Vision (RCSV)

Bolikhamxay to Close Pubs During Student Examinations

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Laotian Times

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July 5, 2022

Authorities in Bolikhamxay Province will close entertainment establishments in the main district to prevent distractions from final examinations from 14-16 July.

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