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DAR GLOBAL AND THE TRUMP ORGANISATION EXPAND SAUDI PORTFOLIO WITH USD 1BN TRUMP PLAZA JEDDAH

JEDDAH, Saudi Arabia, Jan. 12, 2026 /PRNewswire/ — Dar Global (LSE: DAR), the London-listed international luxury real estate developer, announced today the official launch of Trump Plaza Jeddah, marking its third prestigious collaboration with The Trump Organization in Saudi Arabia. Valued at over USD 1 billion, this landmark development, strategically located within the expansive Amaya development along King Abdulaziz Road, is poised to redefine luxury urban living in Jeddah’s thriving real estate landscape, following the successful launch of Trump Tower Jeddah in December 2024.

DAR GLOBAL AND THE TRUMP ORGANISATION EXPAND SAUDI PORTFOLIO WITH USD 1BN TRUMP PLAZA JEDDAH
DAR GLOBAL AND THE TRUMP ORGANISATION EXPAND SAUDI PORTFOLIO WITH USD 1BN TRUMP PLAZA JEDDAH

 

Residential offerings include fully furnished 1, 2, and 3-bedroom Trump Executive Residences; premium 2, 3, and 4-bedroom Trump Park Residences; and exclusive 4-bedroom Trump Townhouses. Together with thoughtfully designed home offices, premium retail, and curated dining, the project redefines modern living by blending convenience and luxury into a single, connected destination. Optional rental management services further enhance the appeal for international owners seeking a turnkey ownership experience.

Eric Trump, Executive Vice President of The Trump Organization, commented: “Expanding our presence in Saudi Arabia with Trump Plaza Jeddah underscores our commitment to world-class quality and iconic design. This project reflects the strength of our relationship with Dar Global and our confidence in Jeddah as a dynamic, globally relevant city. Trump Plaza Jeddah will set a new benchmark for integrated urban destinations.”

Ziad El Chaar, CEO of Dar Global, added: “The launch of Trump Plaza Jeddah represents a major milestone in our Saudi portfolio. This is not a single-use development, but a carefully curated urban ecosystem designed for global residents who want to live, work, and connect within the best address in Jeddah. Anchored by a private park and supported by world-class amenities, Trump Plaza Jeddah introduces a new model for modern city living in the Kingdom.”

Central to the lifestyle offering is the exclusive 4,000-square-metre Vitality Club, with golf simulators, a spa, sports medicine and recovery facilities, swimming pools, dining, and high-performance wellness spaces. Destination retail and dining, including Trump Grill, Trump Daily, an artisan bakery, and a fitness pro shop, reinforce its positioning as a district day and night.

Located at the heart of the 1,000,000-square-metre Amaya development, Trump Plaza Jeddah anchors a new, highly integrated urban district that reflects the Kingdom’s growing prominence as a global real estate destination, supported by foreign-ownership incentives, a 0% capital gains tax, and accelerated infrastructure investment.

L’OCCITANE Group celebrates 50 years of L’Occitane en Provence

GENEVA, Jan. 12, 2026 /PRNewswire/ — L’OCCITANE Group is proud to announce the 50th anniversary of L’Occitane en Provence, its heritage brand, and the genesis of the Group’s global vision. This milestone reflects more than the longevity of the iconic Maison L’Occitane en Provence. It stands as a testament to five decades of forward-looking, sustainable growth, driven by expertise in formulating sensorial beauty and wellness products that use high performing natural ingredients and a deep-rooted commitment to people and the planet.

L’OCCITANE Group celebrates 50 years of L’Occitane in Provence
L’OCCITANE Group celebrates 50 years of L’Occitane in Provence

Born from a simple gesture in 1976 – the distillation of rosemary – L’Occitane en Provence was founded by eco-pioneer, Olivier Baussan, and developed internationally under the leadership of Reinold Geiger. The Maison L’Occitane en Provence has built 50 years of expertise in transforming high-performing ingredients such as Shea butter, Immortelle and Almond into formulas that combine sensoriality, efficacy and sustainability. Long before these expectations became mainstream, L’Occitane en Provence was committed to crafting high-quality products, formulated with responsibly sourced natural ingredients and delivering visible results.

Today, L’Occitane en Provence remains true to its founding philosophy, using natural origin ingredients and expressing its expertise through sensorial, powerful beauty and wellness experiences, designed to be as sustainable as possible. The journey has also been a deeply human one, woven through inspiring encounters and relationships along the way. L’Occitane en Provence’s formulation know-how is embodied in one of the brand’s most iconic products: Shea Hand Cream. Inspired by its founder’s early encounters in Burkina Faso, L’Occitane en Provence now works with over 6,000 women across shea cooperatives, using 100% organic, fair-trade shea butter to support both skin and the communities who produce it. 

Blending heritage with innovation, L’Occitane en Provence brings its product expertise and the savoir-vivre of Haute-Provence to guests around the world through more than 3,000 boutiques, 100 spas, 2,500 partner hotels, and its flagship destination, Le Couvent des Minimes, un Hôtel et Spa L’Occitane en Provence – creating a distinctive connection between people, nature and beauty.

The golden anniversary also marks a reinvention for L’Occitane en Provence, one where heritage meets modernity, reaffirming its roots, and its connection to the land, producers and artisans of Haute-Provence. This renewed focus ensures that L’Occitane en Provence’s legacy is not only preserved, but actively shared and re-imagined for the future.

For L’OCCITANE Group, this landmark underscores its founding ambition: a house of entrepreneur-led beauty brands united by quality, creativity and purpose, each free to flourish within a shared vision.

Media contact:
L’OCCITANE Group |  groupcommunication@loccitane.com 

BostonGene Recognized by Frost & Sullivan for 2025 Global Technology Innovation Leadership in AI-Driven Precision Oncology Solutions

Reshaping the Global Drug Development Landscape with the Industry’s Only Natively AI-Powered Omnimodal Foundation Model for Tumor and Immune Biology

SAN ANTONIO, Jan. 12, 2026 /PRNewswire/ — Frost & Sullivan is pleased to announce that BostonGene has been recognized for 2025 Global Technology Innovation Leadership in the AI-driven Precision Oncology Solutions sector for its outstanding achievements in Technology Innovation Leadership. This recognition highlights BostonGene’s consistent leadership in driving measurable outcomes, strengthening its market position, and delivering customer-centric innovation in an evolving competitive landscape.

This recognition directly reflects outcomes that matter most in drug development. By enabling a deeper, biologically grounded understanding of tumors and the immune system, BostonGene’s AI driven foundation model helps increase the probability of clinical success, shorten development timelines through earlier and more confident decisions, and improve capital allocation across pipelines by focusing investment on the most promising programs. At the same time, this approach enables clearer biomarker strategies and stronger differentiation in increasingly competitive markets, ultimately translating into more precise therapies, faster access to innovation, and better outcomes for patients.

Frost & Sullivan’s rigorous benchmarking process evaluates market participants across two core dimensions: strategy effectiveness and strategy execution. BostonGene excels in both, demonstrating a rare ability to synchronize visionary strategic initiatives with real-world market demand while executing at a global scale with efficiency and consistency. “BostonGene has developed state-of-the-art AI-driven, next-generation analytics technologies and is the only known source capable of delivering such comprehensive and integrated analyses,” said Unmesh Lal, Healthcare Research Director at Frost & Sullivan. “By turning vast, complex datasets into actionable insights with speed and rigor, BostonGene demonstrates dual strengths as a scientific innovator and a commercially agile partner for the global pharmaceutical industry.”

Guided by a long-term growth strategy focused on AI oncology solutions, BostonGene is redefining leadership in a volatile industry. The company’s strategic agility and sustained investment in technology enable it to dominate global markets and solve the most pressing challenges in the drug development lifecycle. Innovation is not just an initiative at BostonGene; it is the engine of their approach. Their suite of solutions provides biopharma partners with advanced analytical intelligence and clinical relevance that directly impacts patient outcomes. 

“This recognition validates our commitment to decoding the full biological complexity of cancer through an omnimodal lens, ensuring that no critical driver of disease or immune response is overlooked. By integrating molecular, cellular, tissue, and organism-level data into patient-specific digital twins, we provide our biopharma partners with the clarity needed to optimize biomarker strategies, refine indication selection, and increase the probability of regulatory success,” said Andrew Feinberg, President & CEO at BostonGene.

BostonGene’s unwavering commitment to customer experience cements its market position. By delivering clinically actionable results, enabling data-driven decision-making, and maintaining high levels of service efficiency, the company continues to meet the needs of its expanding global customer base. Its collaborative model and dedication to translational impact are the pillars of long-term value, ensuring that every breakthrough translates into success for biopharma and clinical partners alike.

Frost & Sullivan commends BostonGene for setting a high standard in competitive strategy, execution, and market responsiveness. The company’s vision, innovation pipeline, and customer-first culture are shaping the future of AI-driven precision oncology solutions and driving tangible results at scale.

Each year, Frost & Sullivan recognizes companies for outstanding strategy development and implementation that result in measurable improvements in market share, customer satisfaction, and competitive positioning. The Technology Innovation Leadership recognition is reserved for organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Ashley Shreve
E: ashley.weinkauf@frost.com 

About BostonGene Corporation
BostonGene is redefining cancer patient care and drug development through the integration of omnimodal data and artificial intelligence. Built and validated through an extensive real-world clinical testing network, BostonGene’s Foundation Model of cancer and the immune system integrates genomic, transcriptomic, and immune data with clinical outcomes to generate biologically grounded, actionable insights. These insights enable biopharma partners to design and de-risk trials, identify novel targets, and optimize therapeutic response prediction across all stages of development while simultaneously improving patient care through clinically integrated innovation. For more information, visit www.BostonGene.com.

Media Contact:

BostonGene
Erin Keleher
+1-617-283-2285
erin.keleher@BostonGene.com

Frost & Sullivan: Scala Data Centers Recognized for Leadership in Latin America’s Digital Infrastructure

Frost & Sullivan honors Scala Data Centers with the 2025 Latin American Competitive Strategy Leadership Recognition

SAN ANTONIO, Jan. 12, 2026 /PRNewswire/ — Scala Data Centers, the leading hyperscale sustainable data center platform in Latin America, has been recognized with the 2025 Latin American Competitive Strategy Leadership Recognition by Frost & Sullivan. This prestigious accolade highlights Scala’s strategy and sustainability leadership, rapid expansion significant growth pipeline, and unwavering commitment to industry innovation and hyperscalers´ demands.

As Latin America’s demand for digital infrastructure surges, Scala has distinguished itself through its aggressive growth strategy, bold investment in renewable energy, and proprietary FastDeploy methodology, which enables data centers to be built as much as 50% faster than traditional methods. With 13 operational data centers and 7 more under construction across Brazil, Chile, Mexico, and Colombia, Scala is a clear leader in the region’s digital infrastructure landscape considering its current and fast capacity expansion.

Backed by DigitalBridge and global investors like IFC, IMCO, Olayan, and Coatue, Scala operates with a financial and operational structure designed to support hyperscalers. The company’s Tamboré Campus, with a total IT capacity of more than 700 MW and 16 buildings when fully developed, is the largest in Latin America and is set to be one of the biggest worldwide. It already presents itself as the main destination of AI/ML (Artificial Intelligence and Machine Learning) workloads with all the new buildings showcasing its FutureProof design, enabling densities that will range from 24kW per rack up to 100kW per rack with the adoption of liquid cooling technology.

Scala’s AI-focused district, the Scala AI City, developed in partnership with the government of Rio Grande do Sul, is also expected to deliver 4.75 IT GW of capacity and become a reference for hosting next-generation AI data center infrastructure. The company issued US$803 million in green debentures, further proving its long-term ESG commitment and fund energy-efficient infrastructure.

Additionally, Scala’s differentiation lies in its vertical integration, in-house design and construction, and the CORE (Center of Results and Excellence). This model has accelerated delivery while minimizing risks and increasing technological control, especially those relevant for AI and high-density workloads. The company uses 100% certified renewable energy, has secured nearly 7 IT GW of power in the region, maintains a Water Usage Effectiveness (WUE) of zero — using closed-loop systems with no water loss for cooling — and a Power Usage Effectiveness (PUE) below 1.4. Scala is also the first data center platform in Latin America to achieve carbon neutrality from day one and has earned Gold Seal verification for Scope 3 emissions tracking.

Beyond technology, Scala is deeply committed to community impact. Its MegaWatt of Opportunities Program aligns educational investment with business growth. For every 1MW delivered, Scala funds an undergraduate scholarship for a student from the local community surrounding its sites. In parallel, the company also supports the academic development of its employees who meet the program’s eligibility criteria. The program also includes internship opportunities, a structured professional development path, and a dedicated mentorship initiative. To date, 114 scholarships have been granted. This initiative underscores Scala’s dedication to workforce development in the digital infrastructure sector.

As a result, Scala was recognized as the Sustainability Champion in Latin America by the World Bank, highlighting its dedication to transparency and climate leadership.

“Scala Data Centers is setting new benchmarks for innovation and sustainability in the Latin American data center market. Scala´s ability to scale rapidly while maintaining, governance, a commitment to environmental responsibility and social impact makes them a standout leader in the industry,” said Renato Pasquini, Frost & Sullivan Research Vice President.

“This recognition by Frost & Sullivan is a testament to our ability to execute a bold and consistent strategy that combines accelerated growth with a deep commitment to sustainability and innovation. We are proud to be shaping the digital infrastructure of Latin America with purpose and responsibility, delivering scalable, energy-efficient solutions to our hyperscale clients while positively impacting the communities around,” said Cleber Braz, Chief Operating Officer of Scala Data Centers.

Each year, Frost & Sullivan presents this award to the company that has leveraged competitive intelligence to successfully execute a strategy that results in stronger market share, competitive brand positioning, and customer satisfaction. Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Camila Tinajero
E:Camila.Tinahero@frost.com

About Scala Data Centers

Scala Data Centers is the leading sustainable data center platform in Latin America focused on the Hyperscale market. Headquartered in Brazil and backed by DigitalBridge, the company has already invested more than R$ 12 billion. Currently, Scala has approximately 200 MW of installed and in-development capacity, in addition to a landbank of more than 7 million square meters across strategic locations in four countries. Its infrastructure includes over 7 GW of power to support future expansion and will be fully powered by 100% renewable and certified energy sources, as is already the case for all of the company’s current consumption.

For more information, visit https://scaladatacenters.com/en/.

Plume Acquires Sweepr to Deliver AI-Orchestrated Customer Experience Platform to ISPs Globally

Combined platform turns real-time network intelligence into guided and automated actions across every support channel – increasing digital engagement, reducing calls and truck rolls, lowering cost-to-serve, and improving subscriber confidence

PALO ALTO, Calif., Jan. 12, 2026 /PRNewswire/ — Plume Design, Inc. (“Plume”), the leader in intelligent services for ISPs serving connected homes and small businesses, today announced the acquisition of Sweepr, an AI-powered customer-care orchestration platform built for service providers. Sweepr processed more than 1 million customer interactions in 2025, helping operators deliver outstanding digital care experience to subscribers.


Founded in 2018 and headquartered in Dublin, Ireland, Sweepr helps telecom operators deliver personalized support journeys that increase digital engagement, reduce call center costs, and improve customer satisfaction across use cases such as onboarding, technical support, and billing.

The acquisition brings together two complementary strengths: Plume’s real-time, device-level network intelligence and Sweepr’s AI-native, no-code orchestration engine that connects into the systems providers already rely on. The combined platform helps ISPs move from seeing an issue to solving it faster,often without a call. Using real-time home network context, AI recommends the next best action, guides agents and subscribers, and safely automates resolution.

“With Sweepr, we’re connecting AI to the moments that matter, like when a subscriber needs help,” said Dan Herscovici, President and CEO of Plume. “By combining Sweepr’s care orchestration with unmatched visibility across Plume’s global dataset, we’re turning network intelligence into action at scale. This is a landmark shift in how providers reduce costs, improve reliability, and build trust that drives long-term subscriber value.”

AI that improves with real-world signal and outcomes
Plume’s cloud platform connects nearly half a billion devices, creating an unmatched foundation of real-world network and device telemetry across diverse home environments. By combining that intelligence with Sweepr’s orchestration and interaction data, the platform continuously improves which actions work best in specific scenarios so providers can deploy proven workflows faster and refine them based on measurable results.

What the combined platform delivers for ISP operators
The combined offering unifies intelligence, automation, and care into one platform that can be deployed quickly and integrated deeply. Key capabilities include:

  • AI-guided diagnosis and resolution grounded in live in-home context — Detects issues, identifies likely root causes, and triggers the right workflow using real-time network and device signals.
  • Context that follows the subscriber across every channel — Delivers true omni-channel experiences across app, web, IVR, chat, socials and live agents, without making the subscriber repeat information.
  • Lower cost-to-serve through higher digital containment and faster agent resolution — Uses guided flows, dynamic knowledge, and recommends next best actions to reduce escalations, shorten handle time, and avoid unnecessary truck rolls.
  • Proactive care and prevention — Spots degrading in-home conditions early and solves or mitigates issues before the subscriber experiences a problem.
  • Fast time-to-value — Leverages no-code journey design, pre-built use cases, and integrations with existing OSS/BSS, CRM, IVR, CCaaS, and related operational systems.

“In customer care, context is everything,” said Alan Coleman, Co-Founder of Sweepr. “Sweepr adds context to every interaction — who the subscriber is, what equipment they have, what’s happening in the home right now, and what’s already been tried — so providers can solve the right problem the first time. Bringing that context together with Plume’s real-time network intelligence means fewer repeat calls, fewer truck rolls, and support journeys that feel clear and consistent for subscribers.”

Standalone Sweepr offering continues and expands to Plume customers
Sweepr will continue to be offered as a standalone platform, with ongoing support and continuity for existing customers. It will also be commercially available to Plume customers globally, extending its orchestration capabilities alongside Plume’s network intelligence. Together, the combined platform will enable providers to identify monetization opportunities by using real-time context and behavior to proactively engage subscribers with relevant offers.

Leadership and integration
Alan Coleman joins Plume as Chief Product Officer, leading combined product strategy and roadmap execution across the integrated platform. Before Sweepr, Coleman and Co-Founder Jim Hannon founded Brite:Bill, which was acquired by Amdocs in 2016. Hannon joins Plume as Chief Architect, focusing on technology and execution across the combined customer experience and orchestration roadmap. Coleman and Hannon bring deep telecom and broadband software experience and will work alongside Plume’s leadership team to accelerate outcomes for their service provider customers.

About Plume
Plume created the first managed Wi-Fi platform for Internet Service Providers (ISPs) in 2016 and continues to lead today with a best-in-class solution for cloud-managed Wi-Fi, security, and experience. With almost half a billion devices connected to its platform, Plume is a trusted technology partner for more than 400 ISPs around the world, helping them deliver better Wi-Fi experiences and services for subscribers while streamlining their own operations and support systems. Plume leverages OpenSync®, an open-source framework that comes pre-integrated and supported on the leading silicon, CPE, and platform SDKs, and supports leading industry standards like RDK-B and prplWave. This approach allows Plume to offer turnkey and modular solutions, giving ISPs ultimate flexibility, while enabling simpler and faster deployments. Plume is providing ISPs an intelligence and innovation edge to stay competitive and adapt to the changing needs of subscribers and the market. Discover more about how Plume is empowering ISPs by visiting https://www.plume.com.

About Sweepr
Sweepr is an AI-powered journey orchestration platform built for telecom and broadband providers. Founded in 2018 and headquartered in Dublin, Sweepr enables operators to design, govern, and automate highly contextual digital support journeys across self-service and assisted channels. Using a no-code platform, Sweepr integrates with existing operator OSS/BSS, CRM, and customer experience systems to observe real-time customer context and behavior and apply dynamic decisioning logic. This allows providers to deliver personalised experiences across onboarding, technical support, and billing while improving digital containment and reducing cost-to-serve. Sweepr also provides advanced analytics and insight into journey performance, helping business and operations teams continuously optimize support workflows, improve resolution outcomes, and drive operational efficiency.

 

Major global health grant awarded to Oktopi to accelerate equitable medicine development capability worldwide.

MELBOURNE, Australia, Jan. 12, 2026 /PRNewswire/ — Oktopi has been awarded a significant grant from the Gates Foundation to advance global access to high-quality medicine development expertise, with a particular focus on supporting innovators in low- and middle-income countries (LMICs).

This funding will enable Oktopi to build and expand its AI-informed knowledge and workflow engine, bringing best-practice to the critical decisions in developing medicines.  The engine integrates expert-derived taxonomies, evidence expectations, and decision pathways to increase efficiency and the probability of success. The grant supports the delivery of medicine development tools that give biopharma access to stronger rigor and improved decision traceability across diverse R&D environments.

By combining structured knowledge, human-guided AI, and a global community of collaborators, Oktopi aims to help teams, regardless of geography or resourcing, work with clarity, consistency, and confidence. The foundation’s support accelerates efforts to make high-quality development capability more accessible across the global health ecosystem.

Dr Craig Rayner AM
CEO 
“Medicine development is entering a structural and epistemological reset. The grant from the Gates Foundation catalyses our work to democratise development capability. It enables global health R&D teams to help define the next-generation operating model. One that delivers better decisions, faster translation, and real patient impact.”

Michelle Rayner
COO
“This grant accelerates our ability to convert knowledge into tools that reduce friction, strengthen decision consistency, and support teams working under real constraints. Partnering with global health innovators ensures what we build is grounded, usable, and immediately impactful.”

Mark Sullivan AO
Chairman
“Successfully navigating the complexity of pharmaceutical development has been dependent on having the right expertise at the table at the right time. Oktopi is founded on best practice in pharmaceutical development and is democratizing access to communities where access has been impossible to achieve. This support strengthens the foundations of equitable access to these skills delivering for patients everywhere.”

About Oktopi

Oktopi is an AI-informed knowledge and workflow engine designed to strengthen decision quality, transparency, and efficiency across the medicine development lifecycle. The platform integrates expert-built taxonomies, logic, and human-guided AI workflows with a growing global community of contributors.

Oktopi helps teams and governance bodies work with greater clarity and consistency, supporting developers of all sizes, including those in LMICs, to operate at globally recognized best practice standards.

www.oktopi.com

Xi’an Kicks Off 2026 Chang’an Lantern Festival with Epic Light Spectacles to Spring

XI’AN, China, Jan. 12, 2026 /PRNewswire/ — Recently, the opening lighting ceremony of the 2026 Chang’an Lantern Festival, themed “Thousands of Lanterns Shining on Chang’an and Welcoming Spring with Horses,” was grandly held in historic city of Xi’an, China.

Xi’an Kicks Off 2026 Chang'an Lantern Festival with Epic Light Spectacles to Spring.
Xi’an Kicks Off 2026 Chang’an Lantern Festival with Epic Light Spectacles to Spring.

The Festival, which used to open for Spring Festival and has been brought forward this year, blends the city’s millennium-old cultural heritage with modern spectacular lighting to unfold a splendid 96-day lantern showcase spanning the three festivals of New Year, Spring Festival, and Lantern Festival, recreating the Tang Dynasty spectacle of “a night aglow with blooming nights, a city alight with fire trees and silver flowers.”

This year’s Chang’an Lantern Festival features two main venues: Da Tang Furong Garden (Tang Paradise) and Xi’an City Wall, presented through intertwined land-and-water narratives.

Centered on three core themes — “Revitalized National Treasures,” “Poetic Charm of Chang’an,” and “Galloping Zodiac Horse” — the festival in Xi’an City Wall venue weaves cultural relics, poetry, and zodiac tradition into a dazzling tapestry. Over 50 national treasures from leading museums have been digitally and artisanaly reimagined, stepping out of exhibit halls and onto the ancient wall. During the Spring Festival, the “Hundred Alleys, Thousand Poems” market will be held at Yongning Gate, fully showcasing Xi’an’s cultural charm as the “Capital of Tang Poetry,” where verses transcend time and space.

The festival in Da Tang Furong Garden continues until April 6. It features 39 of Tang poetry-themed lantern groups that transform more than 300 classic poems into immersive, walk-through light-and-shadow scrolls. Over 30 intangible cultural heritage crafts, such as Suzhou embroidery, bamboo weaving, and traditional opera facial makeup, are ingeniously integrated into the lantern designs. By day, global visitors can enjoy hands-on traditional Chinese games like pitch-pot (touhu) and fifteen-pin bowling, plus live performances of classic operas. At night, travelers can experience spectacular water-based fire-pot displays, laser light shows, fountain performances, and interactive shows.

Over the past two years, the Chang’an Lantern Festival has crossed mountains and seas to become part of joint cultural events with the five Central Asian countries (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan). It has also traveled abroad to share the unique Chinese-style romance in the United States, Singapore, and Malaysia.

BBSB International Limited announces its subscription results; Recorded approximately 10,745 times of over-subscription for its Public Offer


HONG KONG SAR – Media OutReach Newswire – 12 January 2026 – BBSB International Limited (“BBSB” or the “Company”, together with its subsidiaries, the “Group”, stock code: 8610.HK), an established civil engineering contractor in Malaysia, is pleased to announce the subscription results for its shares under the Public Offer and Placing. The Shares under the Public Offer have been over-subscribed by approximately 10,745 times. The offer price per Share has been set at HK$0.6 per Share. Dealings in shares of BBSB on the GEM of The Stock Exchange of Hong Kong Limited (“SEHK”) is expected to commence on 13 January 2025 (Tuesday).

A total of 125,000,000 shares are offered under the Share Offer, of which 90%, or 112,500,000 shares are offered by way of Placing; while the remaining 10%, or 12,500,000 Shares are offered under the Public Offer. Based on the final offer price of HK$0.6 per Share, the net proceeds from the Share Offer to be received by the Company (after deducting underwriting fees and commissions and estimated expenses payable by the Company in connection with the Share Offer) are estimated to be approximately HK$50.0 million.

The Group intends to use these net proceeds for the following purposes: 1) approximately 65.2% to strengthen its financial position to pay for the upfront costs of its potential projects; 2) approximately 19.8% for expansion of workforce to support growth across all regions; 3) approximately 5.0% to upgrade and digitise the Group’s information systems and internal processes; and 4) approximately 10.0% for general working capital.

Lego Corporate Finance Limited is the Sole Sponsor. Lego Securities Limited is the Sole Overall Coordinator. Lego Securities Limited and Fortune Origin Securities Limited are the Joint Bookrunners and Joint Lead Managers.

Datuk Tan, Chairman of the Board and Executive Director of the Group, said, “We believe that the result of the Share Offer has affirmed market’s recognition of the Group’s business and confidence in our future prospects. We are honoured that investors have shown great support to the Group. Listing on GEM of SEHK enables the Group to further strengthen our industry position, enhance our brand recognition and capture market opportunities. We strive to compete for more upcoming large-scale transportation infrastructure engineering projects and flood mitigation projects.”

Hashtag: #BBSB

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

About BBSB International Limited

BBSB International Limited is a civil engineering contractor in Malaysia with over 16 years of experience, specialising in providing bridge engineering services for large-scale transportation infrastructure engineering projects owned or initiated by the government or government-linked companies in Malaysia. The Group has strategically expanded its civil engineering works to include flood mitigation works. The Group has participated in a number of notable transportation infrastructure engineering projects in Malaysia, such as Eastern Dispersal Link, Duta-Ulu Kelang Expressway, Damansara-Shah Alam Elevated Expressway and the SUKE Highway. The Group currently holds a CIDB Grade G7 qualification in Category CE (Civil Engineering Construction), Category B (Building Construction) and Category ME (Mechanical and Electrical) in Malaysia, which is the highest grade of contractor licence under the Construction Industry Development Board of Malaysia, allowing it to undertake civil and structural works of unlimited tender/contract value.