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Sino Malls support Government’s consumption voucher scheme by giving out over HK$20 million in rewards and exciting experiences

Partnership with AlipayHK on exclusive consumption voucher promotions Collaboration with livi bank from July on 210 x HK$5000 in cash rebate

 

HONG KONG SAR – Media OutReach – 27 May 2021 – In support of the Government’s electronic consumption voucher scheme, major Sino Malls including tmtplaza, Olympian City and Citywalk are putting forward a series of promotions to give out over HK$20 million in rewards. Furthermore, Sino Group is presenting various exciting experiences featuring innovative technology with the aim of rewarding the public for their support, helping mall tenants generate business and accelerating economic recovery in Hong Kong.

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The first drop will be exclusive offers launched in partnership with AlipayHK, the most popular electronic wallet in Hong Kong, followed by the weekly “HK$5000 Cash Rebate Lucky Draw” organised with the lifestyle-oriented virtual bank livi bank, giving consumers opportunities to up their consumption power. In addition, during the consumption voucher scheme running period, customers spending with their credit card or via other electronic payment methods at Sino Malls will stand the chance to win rewards such as spending rebates and concert tickets.

Adding value to consumption vouchers through strategic partnership with AlipayHK

In support of the Government’s consumption voucher scheme, Sino Group has announced today that it is entering into a strategic partnership with AlipayHK, one of the stored value facilities selected to participate in the scheme, to present welcome offers, discount coupons and exciting experiences.

Under this joint initiative, the public will be able to use the electronic consumption vouchers in conjunction with exclusive Sino Malls coupons to enjoy extra benefits. With an extensive merchant network, AlipayHK allows users to spend their consumption vouchers at different retailers, dining establishments and cinemas at Sino Malls with no spending limit. Starting from today, newly registered AlipayHK members will even receive a HK$70 e-coupon as a welcome reward.

HK$5,000 cash rebate lucky draw for 7 weeks from July to give out HK$1.05 million

Sino Malls are kicking off the summer season with the “HK$5000 Cash Rebate Lucky Draw”, which will be launched in collaboration with virtual bank livi bank and running for 7 consecutive weeks starting July. Each week, 30 lucky winners will be drawn, making the total amount of cash rebate offered HK$1.05 million. Customers spending HK$300 or more at the participating Sino Malls can take part in the lucky draw once, and another time if they make the payment through livi bank. The lucky draw is also accumulative rather than cut off every week, meaning the greatest amount of cash rebate a single participant can earn is HK$35,000.

Meanwhile, members of Sino Malls’ S+ REWARDS loyalty programme will receive an instant cash rebate of HK$250 by opening a livi bank account with a designated promo code. They can also earn up to HK$5,000 through the referral programme.

More irresistible offers to come

In addition to enjoying offers when using the electronic consumption vouchers at the participating Sino Malls via the designated stored value facility, customers can take part in Sino Malls’ spending promotion by making payments with their credit card or via other electronic payment methods to win spending rebates, concert tickets and other attractive offers.

More promotions are to come. Stay tuned!

Terms and conditions apply to the promotions. Please refer to the campaign posters and website for details. Subject to change without notice.

About Sino Group

Sino Group is one of the leading property developers in Hong Kong. It comprises three listed companies – Sino Land Company Limited (HKSE: 083), Tsim Sha Tsui Properties Limited (HKSE: 0247) and Sino Hotels (Holdings) Limited (HKSE: 1221) as well as private companies held by the Ng Family.

The Group’s core business is developing residential, office, industrial and retail properties for sale and investment. In addition to an extensive portfolio in Hong Kong, the Group has footprints in mainland China, Singapore and Australia. The Group has developed over 250 projects, spanning a total plot ratio area of over 84.6 million sq ft. Our core business is complemented by the gamut of property services encompassing management, security and environmental services We are also a key player in hotel and club management as well as car park operations.

With a team of over 11,000 dedicated professionals, we are committed to Creating Better Lifescapes. Lifescape is our vision – to build a better life together, where the community thrives in harmony by embracing green living and wellness, by engaging with all and pursuing meaningful designs, and by seeking innovation while respecting heritage and culture. Committed and together, we create a better community where people live, work and play.

The Group focuses its sustainability efforts on three areas, namely Green Living, Innovative Design, and Community Spirit. Sino Land Company Limited (083) has been a constituent member of the Hang Seng Corporate Sustainability Index Series since September 2012 for its continual efforts in promoting sustainability.

About S+ REWARDS

Developed by Sino Group, Hong Kong’s first multi-mall socialized interactive rewards program, S+ REWARDS, covers the Group’s four flagship malls, tmtplaza, Olympian City, Citywalk and China Hong Kong City. The ‘S’ in S+ REWARDS stands for Sino Malls, Social, and Spending Rewards. It is a socialized interactive rewards program that links up all shopping malls under the Sino Group and connects people at the same time.

Customers can download the S+ REWARDS app for free. It can connect them to over 750 merchants in the Group’s four flagship malls. One simple app with no physical card, customers can shop and spend across the four flagship malls anytime to earn points and enjoy different exciting offers and rewards. In addition to offers and rewards from the S+ REWARDS program, the interactive features of the S+ REWARDS app allow customers to share promotional offers, favorites and best buys, discounts, and other shopping tips or experiences with their friends. Combining games with shopping experience, S+ REWARDS features various special activities and interactive games for customers to win festival-specific or time-limited offers.

#SinoGroup

About AlipayHK

The AlipayHK electronic wallet is operated by Alipay Financial Services (HK) Limited (Stored Value Facility Licence number: SVF0004) and regulated by the Hong Kong Monetary Authority. Alipay Payment Services (HK) Limited is a joint venture established by Ant Group, a parent company of “Alipay”, and the CK Hutchison Holding Limited, a multinational conglomerate spanning over 50 countries.

Currently, over 100,000 local retail outlets support the AlipayHK electronic wallet for payment, covering large chain stores, convenient stores, supermarkets, fresh markets, restaurants and others. Features of the AlipayHK electronic wallet include transportation, cross-border payment, P2P transfer, Lucky Money, blockchain remittance, bill payment, Quick Reward Coupon eShop, Taobao and TMall payments, purchase of insurance products offered by third parties, e-coupons, etc, making Hong Kong residents’ lives more convenient by integrating mobile payment into daily lives.

About livi bank

Hong Kong based, livi bank is backed by BOC Hong Kong (Holdings), JD Technology and the Jardine Matheson Group, which together bring to livi a unique range of benefits in terms of financial strength, technological expertise and marketing excellence. With the goal to foster digital innovation, promote financial inclusion and enhance customer experiences, livi brings a unique, brand-new and different banking experience to Hong Kong. Taking an innovative approach, livi provides customers with flexible solutions anytime and anywhere and the benefits of ecosystem partnerships that complement their everyday lives. livi’s outstanding service to its customers has received widespread industry recognition. The bank earned a ‘Gold Certificate’ at the Privacy-Friendly Awards 2021 from the Office of the Privacy Commissioner for Personal Data; won the ‘Outstanding Customer Reward Programme in Virtual Banking’ from ET Net’s FinTech Awards 2020; and was named ‘Excellent Brand of Fintech (Virtual Bank)’ by Metro Finance’s Hong Kong Leaders’ Choice Brand Awards 2021.

Vivocom announces diversification into minerals and commodities

Awaiting confirmation of contracts worth up to several Billions!

 

KUALA LUMPUR, MALAYSIA – Media OutReach – 27 May 2021 – In a filing to Bursa Malaysia, Vivocom announced that it has embarked on a strategy of sourcing and supplying commodities and minerals to China and other countries for the foreseeable future in light of the world’s soaring demand and race for scarce commodities to rebuild their economies after the pandemic.

Dato Seri Chia Kok Teong (middle), Vivocom’s CEO with Mr Patrick Tan (right) Vivocom’s Executive Director, and one of their Chinese buyers, Mr. Liu Yu (left). (picture taken prior to 1/4/21 at a private residence)

“Vivocom is thrilled to share that it is in final negotiations with several parties for the supplies of commodities and minerals worth conservatively several billions, which should be concluded soon,” declared Dato’ Seri Chia.

“All such contracts will be for the supplies of commodities and minerals for a minimum of two years, renewable to 6 years as the demand for them skyrocket along with China’s recovery of its economy to pre-pandemic levels. China’s consumption, about half of the global total, will keep growing from record levels, as the rest of the world also rebounds strongly.”

“We are finalising at least three such contracts for iron ores worth from RM290M monthly up to RM6B in total to be announced ASAP when completed, targeted by end June/July. We are sorting the little but very crucial details. Once all the details are agreed, things will be finalised and move very quickly.”

“There is so much more to come. Our buying partners’ extensive network is ginormous with extremely deep pockets. We have the capacity to buy up USD10B or more worth of sand and other minerals and commodities,” Dato’ Seri Chia explained.

“We are currently in the market to buy a limitless amount of sand of any kind, laterite nickel ore, iron ore, R50/R60 steel bars, bauxite ores, and so much more minerals or commodities for our clients.”

“For the financial year ended 30th June 2022, we target to deliver at least RM3 Billion worth of sands and minerals to our clients overseas with gross margins of RM250M or higher to contribute to Vivocom’s profits positively for that year.”

“We plan to triple or quadruple our revenues and profits from sand, mineral or commodity exports from here onwards. Over the next few months, more contracts will definitely be secured, signed and announced,” Dato Seri Chia added.

Vivocom’s Improving Fundamentals

Vivocom’s recently released 2nd Quarterly Report for the 6-months ended 31 December 2020 showed an impressive 891% and 126% improvement in profits for Q-on-Q and Y-on-Y, respectively.

“We are pleased with the improving fundamentals of our latest quarterly financials. Suffice to say for now, Vivocom’s next three financial years ending 30th June 2022, 2023 and 2024 are going to be very prosperous years indeed.” Dato Seri Chia assured.

“Once all the iron ores contracts under negotiation are finalised and announced, we are also targeting several more contracts for sand and mineral exports worth up to several Billions over the next few months.”

“These are all cash cow projects, with highly positive cash flows generated. All orders come with irrevocable, transferable and revolving Documentary Letter of Credit executed first prior to deliveries being made.”

“The highly positive cash flows earning will shortly be reflected in Vivocom’s financial performance as all the contracts secured are cash cow projects. We will implement a generous dividends policy at the appropriate time as our revenues and earnings visibility become clearer, so mark my words,” Dato Seri Chia asserted.

Resilient Share Performance

In early November 2020, Vivocom’s shares soared from RM0.45c to reach a peak of RM2.05 on 19 November, with a massive 2.47B shares traded in 21 days

“Even when the price soared to RM2.05, I did not sell a single share because I said I would not, with my self-imposed moratorium for three years. I know I am onto something monumental.”

“The fact that Vivocom did not receive any UMA during the November’s rally speaks for itself. There was absolutely no artificial market interference!” Dato Seri Chia stated.

“Most people in the market often look for earnings and conventional measures. But it’s LIQUIDITY that moves markets. This is where Vivocom’s pure liquidity-driven shares will prove its resilience.”

“It is precisely this inherent resilience in Vivocom’s shares, driven solely by pure retailers’ momentum creating tremendous liquidity that gave me reason to be optimistic that the Bull-Run which occurred in November will repeat its performance again in the future.” Dato Seri Chia confided.

Exciting Growth Company – Vivocom

“Based on the contracts worth up to several billions in the pipeline pending conclusion, the purpose of this Press Release is, therefore, to highlight that Vivocom is indeed a very exciting high growth company.”

“The PR is also to show that we are totally committed to building Vivocom into a behemoth conglomerate in the foreseeable future and to ultimately multiply wealth for our shareholders in the long term.”

“Together with the vision and ambition of the Board, my team and I will build the foundations of a new and thriving Vivocom. Every single day we will be working to secure more contracts and be more successful. We are supremely confident we will come good for both Vivocom’s immediate and long term future,” Dato Seri Chia ended.

#Vivocom

Community Spread Slows as Laos Confirms 12 New Cases of Covid-19

Covid-19 Update

Laos has confirmed 12 new cases of Covid-19 as community spread decreases for the second day, while authorities warn against complacency.

Police Detain Vientiane Partygoers in Violation of Lockdown Regulations

Group of youngsters caught holding party amid lockdown

Vientiane police were called to Nongtha Neua Village to speak with residents who refused to follow Covid-19 prevention measures issued by the mayor.

Trend Micro’s Zero Day Initiative Enhances Position as World’s Largest Vulnerability Disclosure Player

Independent Omdia study finds ZDI reported 60.5% of appraised bugs in 2020

 

HONG KONG SAR – Media OutReach – 27 May 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced its Zero Day Initiative (ZDI) accounted for 60.5% of the vulnerabilities disclosed in a new Omdia study. The ZDI maintains its position as the world’s largest vendor-agnostic bug bounty program for the 13th consecutive year. The ZDI had the most disclosures across all severity levels, with 77% of their disclosures being critical or high severity rating.

The analyst firm’s independent report, Quantifying the Public Vulnerability Market: 2021 Edition, offers a comprehensive comparative analysis of 11 of the world’s most prolific security research and vulnerability disclosure organizations. Click here to read the full report: https://resources.trendmicro.com/rs/945-CXD-062/images/Omdia_Vulnerability-Project-Whitepaper.pdf.

“As recent events around Microsoft Exchange Server have highlighted yet again, vulnerabilities remain at the heart of the challenge for those fighting on the frontline against threat actors,” said Brian Gorenc, senior director of vulnerability research for Trend Micro. “That’s why we remain committed to incentivizing researchers to find and responsibly disclose bugs. This benefits users everywhere, and especially Trend Micro TippingPoint customers who were protected for 81 days on average before the release of a vendor patch in 2020.”

Omdia appraised 1,365 unique, verified vulnerabilities disclosed in 2020 claimed by the 11 vendors. Of these, ZDI disclosed 825 bugs, three times more than the next vendor, which disclosed 242. The ZDI increased its market coverage by 8.2% from the previous year, strengthening its position as industry leader even further.

The report also recognized the ZDI Research Rewards program, which, similar to frequent flyer miles from an airline, enables researchers to earn increased rewards and bonuses by continuing to work with the ZDI.

“The number of vulnerabilities discovered by all independent researchers totaled less than half of those offered by Trend Micro,” said Tanner Johnson, principal analyst for Omdia. “The ZDI focuses on vulnerabilities in a broad range of services, with a great deal of its effort directed toward vulnerabilities in networking and PDF software, which are critical to enterprise security.”

Founded in 2005, Trend Micro’s ZDI pioneered the development of the responsible disclosure market for vulnerabilities, which leverages bug bounty rewards to incentivize researchers. The program has reported more than 7,500 flaws to affected vendors to date. Over 10,000 researchers globally have now been paid more than $25 million in bounties.

About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk

#TrendMicro

Vetter Once Again Wins Axia Best Managed Companies Award

Honor confirms continuity and the pharmaceutical service provider’s approach to sustainability

 

  • Internationally renowned seal of quality for exemplary corporate management
  • Positive assessment of strategy, innovation, culture and finance
  • Comprehensive, multi-stage application procedure

RAVENSBURG, GERMANY – Media OutReach – 27 May 2021 – For the second time in a row, Vetter, a global leading contract development and manufacturing organization (CDMO), has won the Axia Best Managed Companies Award. The pharmaceutical service provider was again honored for its clear vision, innovative approaches, sustainable management culture and sound financial management. Every year, Deloitte Private, the prominent German business journal WirtschaftsWoche, Credit Suisse and the Bundesverband der Deutschen Industrie (the Federation of German Industries) select which medium-sized companies are best managed and thus receive the renowned award. In keeping with the current pandemic situation, the ceremony was held on a small scale at the headquarters of the family-owned company in Ravensburg.

Senator h.c. Udo J. Vetter, Chairman of the Advisory Board and member of the owner family (far right), along with Vetter Managing Director Peter Soelkner (second from the left), Deloitte representative Christian Himmelsbach (second from right), and Credit Suisse representative Markus Hermainski (far left) at the presentation of the Axia Best Managed Companies Award in Ravensburg.
Picture source: Vetter Pharma International GmbH

Once again, Vetter has proven that stability and progress are possible – even during these challenging times. The pharmaceutical service provider presented convincing evidence in the evaluated categories – starting with the competent handling of the current challenges posed by the COVID-19 pandemic, to the successful acquisition of a new production site in Vorarlberg, Austria, as well as its new company strategy, Vetter Next 2029, which is currently in progress.

The Axia Best Managed Companies Program is established in over 30 countries. By winning the award, recipients become part of an exclusive national and global network of successful companies. The three-stage application process is very demanding. The companies’ performance in the key categories strategy, productivity and innovation, culture and commitment, as well as finance and governance are analyzed. As a last step, an independent jury consisting of high-ranking representatives from business, science and the media must also weigh in on the best choice for a winner. The award-winning companies were able to demonstrate an outstanding performance pursuant to the criteria and exemplary best practices.

“From the development of visionary strategies and innovative processes to effective corporate governance structures and a healthy corporate culture – as an award winner, Vetter is characterized by entrepreneurial excellence. Once again, they have set new standards in several key areas of corporate governance,” emphasized Lutz Meyer, partner and head of Deloitte Private.

“This award is dedicated to our 5,500 staff members worldwide,” said Senator h.c. Udo J. Vetter, Chairman of the Advisory Board and member of the owner family. “The special spirit of our family-owned company is particularly evident in these challenging times.” For the company and its staff members, winning the award once again is considered both a trusted confirmation and a strong motivation. Managing Directors Thomas Otto and Peter Soelkner shared, “We are honored to receive the Axia Best Managed Companies Award for the second time in a row. Vetter is focused on acting in a proactive and sustainable manner – now and into the future.”

Find the Vetter press kit and more background information here.


About Vetter

Headquartered in Ravensburg, Germany, Vetter is a family-owned, global leading contract development and manufacturing organization (CDMO) with production facilities in Germany, Austria and the United States. Currently employing more than 5,500 individuals worldwide, the company has long-term experience in supporting biotechnology and pharmaceutical customers both large and small. Vetter services range from early stage development support including clinical manufacturing, to commercial supply and numerous packaging solutions for vials, syringes and cartridges. As a leading solution provider, Vetter appreciates its responsibility to support the needs of its customers by developing devices that contribute to increased patient safety, convenience, and enhanced compliance. Great importance is also given to social responsibility including environmental protection and sustainability. Learn more about Vetter at www.vetter-pharma.com.

#Vetter

United States Presents Personal Protective Equipment and Supplies to Lao Minister of Health

United States Presents Personal Protective Equipment and Supplies to Lao Minister of Health

U.S. Ambassador Dr. Peter M. Haymond presented personal protective equipment and hygiene supplies to Minister of Health Dr. Bounfeng Phoummalysith, on Tuesday as part of the United States’ ongoing Covid-19 support to the Lao PDR.

Laos Forms Special Taskforce to Combat Fake News

Laos sets up taskforce on fake news

Authorities have established a special taskforce to monitor and respond to illegal online media and fake news in Laos.