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Gorilla Technology Announces Completion of Preferred Share Conversion, Eliminating Overhang and Strengthening Capital Position


London, United Kingdom – Newsfile Corp. – December 18, 2024 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), today announced the successful completion of the conversion of its preferred shares, marking a pivotal moment in the company’s capital structure. This milestone effectively eliminates any overhang associated with the preferred shares, providing clarity and a strengthened foundation for future growth.

The completion of the conversion’s underscores confidence in Gorilla’s long-term potential and removes any lingering dilution concerns, benefiting all shareholders. With no further preferred share overhang, Gorilla is now better positioned to execute on its ambitious growth plans while focusing on building long-term value.

Positioned for Strategic, Non-Dilutive Growth

The company reaffirms its commitment to pursuing non-dilutive funding options for working capital, particularly for its large-scale, high-impact projects. With a stronger and clearer capital structure, Gorilla is prioritising cash flow generation and strategic capital deployment to accelerate growth while safeguarding shareholder value.

As part of its broader strategy, Gorilla is also focused on optimising capital through the release of cash from real estate and other assets, enabling the company to redeploy resources toward high-value opportunities.

Shareholder Value Creation

Gorilla’s leadership continues to believe the company’s shares are significantly undervalued relative to its strong pipeline and market potential. The active share repurchase programme remains a key component of Gorilla’s commitment to enhancing shareholder value.

Jay Chandan, Chairman & CEO of Gorilla Technology, commented: “The completion of our preferred share conversions marks the end of a necessary phase in our journey and removes any perceived overhang in the market. This milestone clears the path for a stronger, more transparent capital structure as we continue to execute on our growth strategy. Our focus remains on building long-term value, pursuing non-dilutive funding and leveraging our repurchase programme to reflect our confidence in Gorilla’s future.”

About Gorilla Technology Group Inc.

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.

For more information, please visit our website: Gorilla-Technology.com.

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 the capabilities of our GPU offering, our ability to deliver products at competitive prices, our ability to service our customers, the growth of the Smart City market, the capabilities of our third party vendors, our ability to attract the attention of customers and win additional projects, 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.

About Gorilla Technology Group Inc.

Dusit Hotels and Resorts welcomes the high season with two exciting openings

  • Dusit Princess Chiang Mai reopens with a fresh new look, enhanced guest experiences, and participation in the ‘Get Ready for Northern Tourism Campaign.
  • dusitD2 Fagu, Shimla, the first Dusit-branded hotel in India, makes its debut in the Himalayas.

BANGKOK, THAILAND – Media OutReach Newswire – 18 December 2024 – Dusit Hotels and Resorts, under Dusit International, one of Thailand’s leading hotel and property development companies, is welcoming the peak travel season with the opening of two exciting properties: Dusit Princess Chiang Mai in Thailand and dusitD2 Fagu, Shimla, the first Dusit-branded hotel in India.

Dusit Princess Chiang Mai showcases a vibrant new look and enhanced guest experiences, perfectly capturing the timeless charm and cultural essence of northern Thailand.
Dusit Princess Chiang Mai showcases a vibrant new look and enhanced guest experiences, perfectly capturing the timeless charm and cultural essence of northern Thailand.

Located in the heart of Chiang Mai on Chang Klan Road, just steps from iconic landmarks such as Wat Chedi Luang and the renowned Night Bazaar, the upper-midscale Dusit Princess Chiang Mai provides an ideal base for exploring this vibrant northern city.

Following a comprehensive three-year transformation, the well-known property reopened earlier this month with a fresh new look and elevated guest experiences that highlight the timeless charm of northern Thailand.

Key enhancements include redesigned guestrooms, inspired by local traditions and crafted for comfort and functionality, along with upgraded facilities tailored to meet the needs of modern travellers. These include state-of-the-art meeting spaces, a serene pool area, a well-equipped gym, and a revitalised lobby that reflects the elegance of Lanna culture.

The hotel’s dining offerings have also been elevated, with Jasmine Restaurant delivering a culinary journey through Chinese and Cantonese cuisine, and the newly introduced Casa Verde serving a vibrant mix of international and Asian favourites alongside Mexican-inspired delights.

To support the local community, Dusit Princess Chiang Mai is participating in the Tourism Authority of Thailand’s “Nuea… Phrom Tiew” (Get Ready for Northern Tourism) campaign. Designed to revitalise tourism following recent flooding in the region, the initiative offers special discounts for domestic travellers who register via the official campaign website.

Outside Thailand, Dusit Hotels and Resorts has officially re-entered India with the opening of dusitD2 Fagu, Shimla, which welcomed its first guests on 15 December 2024.

Set amidst the majestic Himalayas, just 20 kilometres from Shimla—the capital and largest city of Himachal Pradesh—dusitD2 Fagu offers a serene escape for luxury travellers, health enthusiasts, and adventure seekers alike.

The upscale retreat features 80 elegantly designed guestrooms, ranging from 38 to 86 square metres, all with breathtaking views of the surrounding valleys and mountains. Guests can enjoy a variety of facilities, including the region’s largest temperature-controlled swimming pool and the signature Namm Spa, which offers authentic Thai massage therapies and wellness treatments.

The hotel is also set to become a premier venue for events, with versatile function spaces including the region’s largest banquet hall, an expansive terrace lawn, and the only outdoor amphitheatre in the area.

Dining options include Dusit Gourmet, which serves a variety of international dishes for all-day dining, and SOI, specialising in authentic Thai and Pan-Asian cuisine.

Shimla Airport is just an 80-minute drive away, while Chandigarh Airport, with daily flights from major cities such as Delhi, Mumbai, and Bangalore, is reachable in four-and-a-half hours. The hotel is also only 18 kilometres from Kalka Railway Station, seven kilometres from Kufri, and 133 kilometres from Chandigarh.

Guests at dusitD2 Fagu can easily explore nearby attractions such as Mahasu Peak, which offers breathtaking views of the Badrinath and Kedarnath ranges, and the UNESCO-listed Shimla-Kalka Toy Train, a narrow-gauge railway that traverses a stunning mountainous route from Kalka to Shimla.

“We are thrilled to expand Dusit’s footprint into India with the opening of dusitD2 Fagu, Shimla, our very first hotel in this vibrant and diverse country,” said Gilles Cretallaz, Chief Operating Officer, Dusit International. “India represents an important market for Dusit, and we have high expectations for its development potential, with four additional properties already in the pipeline and more expected to follow soon. At the same time, we remain committed to enhancing our presence in beloved destinations such as Chiang Mai, where we are proud to unveil the new-look Dusit Princess Chiang Mai. These openings reflect our dedication to delivering unique, localised experiences that celebrate the culture and charm of each destination, while consistently providing the Thai-inspired gracious hospitality that defines Dusit. As we grow, we look forward to creating enduring value for our guests, communities, and partners alike.”

Dusit’s portfolio currently includes 301 properties operating across 19 countries, including 57 properties under Dusit Hotels and Resorts and 244 luxury villas under Elite Havens, the leading provider of luxury villa rentals in Asia.

For more information about the new hotels and opening offers, please visit: dusit.com/dusitd2-fagu and dusit.com/dusitprincess-chiangmai.

Hashtag: #dusitinternational

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

About Dusit International

Established in 1948, or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services.

Dusit International’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification.

For more information, please visit

About Dusit Hotels and Resorts

is the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group’s portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of eight brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 18 countries worldwide.

For more information, please visit

Blue Cross and Public Bank Sign Agreement on Bancassurance Partnership


HONG KONG SAR – Media OutReach Newswire – 18 December 2024 – Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) and Public Bank (Hong Kong) Limited (“Public Bank”) today announced and signed a bancassurance agreement. Customers of Public Bank can now purchase two selected insurance products “TravelSafe Plus” and “HomeSafe Protection Insurance” offered by Blue Cross, through the bank’s branch network and website.

Mr. Chong Yam Kiang, Executive Director & Chief Executive of Public Bank (left) and Ms. Bonnie Tse, Chief Executive Officer of Blue Cross (right) announce the bancassurance partnership.
Mr. Chong Yam Kiang, Executive Director & Chief Executive of Public Bank (left) and Ms. Bonnie Tse, Chief Executive Officer of Blue Cross (right) announce the bancassurance partnership.

Rooted in Hong Kong for decades, Blue Cross and Public Bank share a common vision of providing innovative, high-quality solutions and services to customers. Blue Cross has rich experience in general insurance and has a leading digital platform to provide fast, safe and reliable insurance service experience. Public Bank has a huge customer base. This bancassurance partnership combines the huge resources, industry expertise and service network of both parties, and will surely exert synergy to provide customers with more timely, convenient and comprehensive living protection.

Key features of selected insurance products:

TravelSafe Plus Worldwide medical expenses benefit and personal accident benefit up to HK$1,200,000 each; coverage for trip cancellation, interruption and travel delay, and 24-hour worldwide emergency aid services.
HomeSafe Protection Insurance A host of combined protection benefits that cover household content up to HK$1,200,000, personal belongings and third-party liability.

Disclaimers:

  • This press release is for distribution in Hong Kong only. The distribution of this press release is not and shall not be construed as an offer to sell or a solicitation to buy or a provision of any insurance product outside Hong Kong.
  • Blue Cross (Asia-Pacific) Insurance Limited is a subsidiary of AIA Group Limited. It is not affiliated with or related in any way to Blue Cross and Blue Shield Association or any of its affiliates or licensees.

Hashtag: #BlueCross

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

Blue Cross (Asia-Pacific) Insurance Limited

Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) is a subsidiary of AIA Group Limited. With over 50 years of operational experience in the insurance industry, Blue Cross provides a comprehensive range of products and services including medical, travel and general insurance, which cater to the needs of both individual and corporate customers. Blue Cross distributes its products through various channels, including AIA agency force, online platform, direct sales, BEA network, insurance agents and brokers, as well as travel agencies.

In 2023, Blue Cross is assigned financial strength rating of A+ (stable outlook) and issuer credit rating of A+ (stable outlook) by S&P Global Ratings.

Public Bank (Hong Kong) Limited

Public Bank (Hong Kong) Limited (“Public Bank (Hong Kong)” or the “Bank”) is a commercial bank registered under the Banking Ordinance of Hong Kong and under the supervision of the Hong Kong Monetary Authority (“HKMA”). For more details, please visit .

Xanh SM launches electric taxi service in Indonesia


JAKARTA, INDONESIA – Media OutReach Newswire – 18 December 2024 – PT Xanh SM Green And Smart Mobility has officially launched its electric taxi service, Xanh SM, in Indonesia. Indonesia is the third Southeast Asian country to welcome Xanh SM, following Vietnam and Laos. This milestone solidifies the company’s role as a trailblazer in bringing innovative green mobility solutions to the world under its “Go Green Global” strategy.

The Global CEO of GSM (fourth from the right), the CEO VinFast Asia (fourth from the left), along with representatives from the government, the embassy, and other guests, participated in the launch ceremony of the Xanh SM electric taxi service in Indonesia.
The Global CEO of GSM (fourth from the right), the CEO VinFast Asia (fourth from the left), along with representatives from the government, the embassy, and other guests, participated in the launch ceremony of the Xanh SM electric taxi service in Indonesia.

The grand opening ceremony in Jakarta was attended by Dr. Riyatno – Indonesian Deputy of Investment Climate Development / Ministry of Investment and Downstream / BKPM, Mr. Ta Van Thong – Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Viet Nam to Indonesia, Mr. Denny Abdi – Ambassador Extraordinary and Plenipotentiary of The Republic of Indonesia to Vietnam, Mr. Tatan Rustandi – Secretary of Directorate General of Land Transportation / Ministry of Transportation, representative of the city government, representatives of the Embassies of Laos, Uzbekistan, Timor-Leste, Serbia, India, and Sri Lanka in Indonesia, and nearly 100 of Xanh SM’s strategic partners.

Vietnam’s first all-electric taxi company will begin operations in Indonesia, strategically positioned to meet the surging travel demand during the New Year 2025 season. Xanh SM is committed to delivering a 5-star mobility experience through its “5 Green Promises” implemented across all markets: Green Means Excellent Experience, Green Means Professional Drivers, Green Means High-Quality Vehicles, Green Means Affordable Pricing, and Green Means Environmental Care.

The entire fleet consists of VinFast Limogreen electric cars, offering emission-free, noise-free, and fuel-odor-free rides. This ensures that every trip is comfortable, safe, and environmentally friendly. As a pioneer in the electric taxi industry, Xanh SM is well-positioned to establish standards of quality and reliability in Indonesia’s bustling ride-hailing market.

By leveraging a modern fleet of electric vehicles and a well-trained team of professional drivers, Xanh SM will contribute to Indonesia’s transition to electric transportation, while elevating service quality standards within the regional ride-hailing industry.

Mr. Nguyen Van Thanh, Global CEO of GSM, shared: “Indonesia is an incredibly exciting market, where the shift toward green and smart mobility solutions is accelerating. Indonesia’s clear commitment to achieving Net Zero by 2060 aligns seamlessly with our mission to lead the global electrification of transportation. We believe Xanh SM will provide Indonesian people with a premium transportation experience while also spark a larger movement towards green mobility worldwide, creating a sustainable future for all.”

Speaking at the event, Dr. Riyatno, Indonesia’s Deputy of Investment Climate Development / Ministry of Investment and Downstream / BKPM, shared: “As we work to accelerate the transition to clean energy, services like this play a pivotal role in reducing emissions, improving air quality, and contributing to the broader objectives of a sustainable, low-carbon economy. I am confident that this launch will inspire more investments in the green economy, creating opportunities for innovation, job creation, and a better quality of life for all Indonesians. The work does not stop here—this is just the beginning, and I look forward to seeing how Xanh SM’s electric ride-hailing service will continue to grow and contribute to the broader goal of building a robust and resilient green economy for Indonesia.”

Mr. Ta Van Thong – Ambassador of Vietnam to Indonesia, shared: “We hope that the two-way trade between Vietnam and Indonesia will reach 15 billion USD, and our leaders have set a new target of 18 billion USD to achieve in a couple of years to come. The participation of VinFast, Xanh SM will definitely contribute to that goal. There are strong interests from Vietnamese companies to do business in Indonesia. I think Indonesia is a good land and birds flock to the good land. I hope that with the success of VinFast and Xanh SM, many Vietnamese businesses will follow to come to Indonesia to contribute to the prosperous development of Indonesia”.

To experience the future of electric mobility, Indonesian customers can download the Xanh SM app (https://xanhsm.onelink.me/3eCA/vwd4pqri) on the iOS App Store or Android Google Play; call the hotline at 14068; hail a taxi with a green light on the street or at public parking locations in Jakarta. To celebrate its arrival, Xanh SM is offering chances to try out a more innovative, greener way to travel via a 30% discount (up to IDR 50,000) for two rides per day, valid for five days from the 18th to 22nd of December 2024. This allows Jakarta customers to enjoy the pioneering electric taxi service with a modern, smart ride-hailing app.

Since its launch in Vietnam in April 2023, Xanh SM has quickly risen as a leader in regional green transportation. The expansion into Indonesia marks a significant step forward, reinforcing its vision to “Go Green Global” and cementing its status as a beacon of innovation and sustainability in the industry.

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

About Xanh SM

Xanh SM is a pioneer in all-electric transportation, offering a high-tech and sustainable mobility ecosystem proudly rooted in Vietnam. With a bold vision, Xanh SM strives to accelerate the world’s green, sustainable transportation transformation, playing a pivotal role in safeguarding the planet for generations to come.

HKSTP Bringing Largest Ever Delegation of Hong Kong Tech to CES 2025 Highlighting Latest Solutions to Global Challenges

Homegrown tech companies sprawling influence and scouting international opportunities while offering a glimpse into the next steps of Global Booster


HONG KONG SAR – Media OutReach Newswire – 18 December 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP), in serial to the Innovation Mixer initiative and in parallel to the preparation of the second cohort of the Global Booster Programme: United States 2025, is set to introduce an unprecedented delegation of 45 tech companies to the Consumer Electronics Show (CES) 2025 in January.

Representatives of participating tech companies at CES 2025 and HKSTP shared achievements and aspirations ahead. (From left) Fever Chu, Co-founder of Zence Object; Turzo Bose, Co-founder and CEO of Vidi Labs; Dr Edward Mak, Founder and CEO of Vista InnoTech; Derek Chim, Head of Startup Ecosystem and Development of HKSTP; Ray Lok, Founder and CEO of Full Nature Farms; and Prof Chea-su Kee, Co-founder of GOOD Vision and team.
Representatives of participating tech companies at CES 2025 and HKSTP shared achievements and aspirations ahead. (From left) Fever Chu, Co-founder of Zence Object; Turzo Bose, Co-founder and CEO of Vidi Labs; Dr Edward Mak, Founder and CEO of Vista InnoTech; Derek Chim, Head of Startup Ecosystem and Development of HKSTP; Ray Lok, Founder and CEO of Full Nature Farms; and Prof Chea-su Kee, Co-founder of GOOD Vision and team.

In partnership with the Hong Kong Trade Development Council (HKTDC) and supported by the Hong Kong Electronics Industries Association (HKEIA), the delegation spans its presence at the Hong Kong Tech Pavilion across Eureka Park and Global Pavilion, under five industry fields wrapping around advanced electronics, green- and life tech, and more, for tech companies to draw traction from industry leaders, venture capitals, and R&D institutions, while demonstrating Hong Kong’s efforts in encouraging talent development and technological advancement.

Three among the participating units were recently named CES Innovation Award 2025 Honourees in recognition of their outstanding design and engineering of the technology products. Rocket 2.0, a smart irrigation system developed by Full Nature Farms won in the Sustainability & Energy/Power category; Seekr, an AI wearable from Vidi Labs with the needs of the visually-impaired and the elderly community in mind was recognised in Accessibility & AgeTech; and a 3-axis Micro Gimbal Stabiliser, the smallest of its kind that was introduced by Vista InnoTech won in Imaging.

Derek Chim, Head of Startup Ecosystem and Development of HKSTP, said: “It is gratifying to introduce to the world up-and-coming startups and their breakthrough technology, with the potential to have far-reaching positive impact. Our mission at HKSTP is to provide promising startups resources in gaining a firm footing on the global stage. We welcomed over 6,000 visitors at CES 2024 that’s gotten us numerous business leads, we believe it’s truly reflecting Hong Kong’s capabilities in nurturing a dynamic I&T ecosystem.”

Expedition outreaching markets overseas extended beyond tradeshow participation. The first batch of Global Booster Programme were launched following CES 2024, where five Hong Kong startups showing potential were selected for a rigorous six-month training and business development opportunities in Silicon Valley that led to over US$15 million secured. The next phase of the Programme is underway in setting the scene for startups to engagement with the international I&T landscape and the outlook of achievements.

Consumer Electronics Show (CES) 2025

Date: 7 to 10 January 2025
Venue: Las Vegas Convention Center, Las Vegas, US
Booth No.: 63001, Level 1, Hall G, Venetian Expo, Eureka Park
50832, Level 2, Hall A, Venetian Expo, Global Pavilion

For up-to-date information about the Hong Kong Tech Pavilion at CES, please visit: www.ces.tech.

Appendix 1: List of 51 tech companies and institute at Hong Kong Tech Pavilion including 6 non-HKSTP tech companies and institute (in alphabetical order)

No. Company Name Booth Location
1 Aiilog Limited Global Pavilion
2 Ailytics Limited Eureka Park
3 AiShang Mobility (Hong Kong) Limited Eureka Park
4 Applied Technology Group Limited Global Pavilion
5 AutoKeybo Limited Eureka Park
6 Bioenergy Resources Research Centre Limited (BRRC) ^ Eureka Park
7 Braillic Limited Eureka Park
8 Carnot Innovations Limited Global Pavilion
9 Creations Un Limited ^ Global Pavilion
10 Dawnflow Limited Eureka Park
11 Easenory Technology Limited Eureka Park
12 Epago Technologies Limited Eureka Park
13 Expando World Limited Eureka Park
14 FreightAmigo Services Limited Global Pavilion
15 Full Nature Farms (Hong Kong) Limited * Global Pavilion
16 GOOD Vision Technologies Co., Limited Eureka Park
17 GOOVision Technology Co. Ltd Eureka Park
18 Guardian Glow Limited Eureka Park
19 HairCoSys Limited Global Pavilion
20 Hitrons Intelligence Limited Eureka Park
21 Hong Kong Industrial Artificial Intelligence & Robotics Centre (FLAIR) Eureka Park
22 HongKong Umedia Limited Global Pavilion​
23 i2Cool Limited Eureka Park
24 iCombo Tech Company Limited ^ Eureka Park
25 Immune Materials Limited (IML) Eureka Park
26 Incus Company Limited Global Pavilion
27 InsightRT Limited Eureka Park
28 Kim Dai AI Technology Limited Global Pavilion​
29 MEMS Drive Hong Kong Limited Global Pavilion​
30 Meridian Innovation Limited Global Pavilion
31 Nano and Advanced Materials Institute Limited (NAMI) Global Pavilion​
32 On-us Company Limited Global Pavilion​
33 OOley Care Company Limited Eureka Park
34 PharmCare Technology Limited Eureka Park
35 Point Fit Technology Limited Eureka Park
36 PREN Limited ^ Eureka Park
37 Reunite Limited Eureka Park
38 Robocore Technology Limited Global Pavilion
39 SHAKE Limited Eureka Park
40 Sitan Semiconductor International Co. Limited Eureka Park
41 SmartLedgers Limited Eureka Park
42 Solos Technology Limited Global Pavilion
43 TG0 Limited Eureka Park
44 The Hong Kong Polytechnic University (PolyU) ^ Global Pavilion
45 ThingX Technologies Limited Eureka Park
46 Universpirit Innovation Limited Eureka Park
47 Vidi Labs Limited * Eureka Park
48 VisionDrop AI Limited Eureka Park
49 Vista InnoTech Limited (VIT) * Global Pavilion
50 Vizzle Limited ^ Eureka Park
51 Zence Object Technology Global Pavilion

Note:

  • Winners of CES Innovation Awards 2025 marked with (*).
  • Non-HKSTP park companies marked with (^).

Hashtag: #HKSTP #CES2025

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

Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 15,000 research professionals and over 2,000 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined..

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.

Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.

More information about HKSTP is available at .

Norovirus Outbreak Affects 1,436 in Rayong, Thailand, with Rapid Spread Among Children

Virus (Photo: tnews)

A total of 1,436 people in Klaeng district, Rayong, Thailand have fallen ill with symptoms of diarrhea after consuming contaminated water and ice, the source of which was traced to Norovirus.

Outback Steakhouse Presents Lucky Christmas Wishes: “Prime” Holiday Dinner Set For Two Pax at HK$728 comes with a HK$200 cash coupon; 25 Anniversary “A Journey of Flavors Lucky Draw” Gives Away Prizes with a Total Value of HK$1.5 Million


HONG KONG SAR – Media OutReach Newswire – 18 December 2024 – Outback Steakhouse 25th Anniversary Grand Finale is unveiled! From now until January 31, 2025, customers will be entitled to “A Journey of Flavors” lucky draw entry for every HK$250 net spending at Outback. For every HK$500 spent, you will be entitled to two lucky draw entries, and so on. There is no upper limit on the number of lucky draws for a single transaction. After checkout and payment, customers can participate in the lucky draw through the Outback mobile app and receive the lucky draw results instantly.

Outback Steakhouse 25 Anniversary "A Journey of Flavors Lucky Draw"
Outback Steakhouse 25 Anniversary “A Journey of Flavors Lucky Draw”

The total value of the prizes is more than HK$1.5 million. Prizes include: Travel coupon valued at HK$30,000 (1 set), Airwheel SE3S Smart Luggage Deluxe Version (5 sets), VERAGE20076 Aluminium Frame Leather Luggage (10 sets), GoPro HERO13 Black Action Camera (15 sets), SONY WH-1000XM5 Headphones (20 sets), DJI Mini 4K Drone (30 sets) and other travel-related prizes to echo the theme of the celebration: “A Journey of Flavor, A Sharing of Taste”. Prizes also include Outback dining vouchers and delicacies. We wish everyone to have “A Journey of Flavors”!

Promotional video:https://youtu.be/nCdlC7gufVM

Outback Prime Festive Menu

As Outback celebrates its 25th anniversary this year and with the Christmas season just around the corner, we’re celebrating this unique time of the year and paying tribute to the good times with the “Prime” festive feast! From December 20, 2024 to January 1, 2025, Outback is offering a “Prime” festive set for two at HK$728 available after 6pm every day. The set includes Soup of the Day (2 cups), a Deep Fried Seafood Platter, Grilled Slow Roasted Thick Cut USDA Prime Rib, Canadian Lobster Spaghetti With Creamy Tomato Sauce, and two HK$100 Outback cash coupons. Customers also have the opportunity to receive a beautifully designed Christmas card to express gratitude and love to their family and friends in a festive tradition, while stocks last. The “Prime” Festive Menu has a limited quantity daily. Please make reservations in advance. Customers who order the “Prime” festive set can enjoy special discounts for the following dishes:

  • Grilled Single Lobster Tail (HK$128, original price: HK$208)
  • Grilled Jumbo Scallops with Bacon, 3 pcs (HK$68, original price: HK$98)
  • Grilled Shrimp, 8 pcs (HK$48, original price: HK$72)
  • Signature House Salad or Caesar Salad (HK$38, original price: HK$62)
  • Chocolate Thunder From Down Under (HK$68, original price: HK$88)
  • Macaron with Chocolate Heart & Vanilla Ice Cream (HK$48, original price: HK$68)
  • Berry Merry Delight (HK$40, original price: HK$68)
  • Snow Christmas Bliss (HK$40, original price: HK$68)
  • 40% off on regular price drinks by the glass

Promotional video:https://youtu.be/KnGYyebSLWw?si=6y61_tnhYC2EGAB6

What’s More? Outback Christmas Catering Service lets you have fun with your friends and family! Set menus for 5 to 6 people and 10 to 12 people are available, and both include a selection of 13 dishes, ranging from appetizers and salads to main courses and desserts. The original price for the two sets ordered at Outback branches are HK$1,900 and HK$3,500 respectively. Enjoy the special discounts at various platforms as below. Place the order now and “Take Outback Home”! Menu: https://portaly.cc/outbacksteakhousehk/pages/partyset

Place orders at Outback branches:

  • VIP Members: 10% off
  • Prestige Members: 15% off

Place order via other platform (not applicable for “A Journey of Flavor Luck Draw”)

  • OpenRice (Pickup), from 4 Dec 2024 to 18 Dec 2024: 12% off
  • OpenRice (Pickup), from 19 Dec 2024 to 1 Jan 2025: 10% off
  • Deliveroo (Delivery), from 1 Dec 2024 to 31 Dec 2024: 12% off


Bonus offer for Prestige Membership extends until December 20!

Join or renew the Prestige Membership on or before December 20, you will receive five bonus coupons in addition to the original membership privileges. The bonus coupons include a free Aussie Cheese Fries with Bacon, a free Chocolate Thunder From Down Under, 50% off for beverage, 25% off for USDA Tomahawk Steak and 25% off for catering service.

Promotional video: https://youtu.be/ltImzIcgAWo?si=SBGINLTkHxeXqBgr

Download high resolution photos: https://drive.google.com/drive/folders/1hIOzPXSakw03QmIBs101OHNJ5Yh-b9b1?usp=sharing

* Trade Promotion Competition Licence No: 59485. Terms and conditions apply. Please refer the details at Outback mobile app or website.
Hashtag: #OutbackSteakhouse

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Laos Announces New Allowance Policy to Support Civil Servants, Families

Laos Announces New Allowance Policy to Support Civil Servants, Families
Minister of Finance represents the Lao government’s ongoing commitment to supporting public employees, as his ministry announces the new allowance policy set to take effect in January 2025.

The Lao government announced a new allowance policy on 13 December to help civil servants, military personnel, and public employees cope with rising living costs.

Starting in January 2025, civil servants and retirees earning less than LAK 1,700,000 (approximately USD 77.7) per month will receive additional support. The government will cover the difference, ensuring a minimum monthly income of LAK 1,700,000.

The new policy also includes a monthly increase of LAK 150,000 in the cost-of-living allowance,  bringing the total allowance to 450,000 LAK per person per month. This increase will benefit civil servants, retirees, and employees with disabilities.

Families will see added financial relief with child allowances rising to LAK 100,000 per child, along with a spouse allowance of LAK 100,000 per month.

In addition, public employees in administrative and technical roles will experience adjustments to their monthly allowances, with longer-tenured employees receiving service-based increases. Military and police personnel will see their professional allowances double, reaching up to 30 percent of their basic salaries.

This announcement builds on Prime Minister Sonexay Siphandone’s recent pledge to raise the minimum salary for civil servants to LAK 2.2 million (USD 100.26) in 2025, a move made during the 8th Ordinary Session of the National Assembly.