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Sonim Technologies Accelerates EMEA Market Expansion with Strategic Partnerships and New Product Launches

London, United Kingdom – Newsfile Corp. – September 12, 2024 – In response to growing market demand, Sonim Technologies (Nasdaq: SONM), is accelerating its expansion in the EMEA region, aligning with its robust growth strategy unveiled earlier this year. Following the exit of a former rugged phone brand in Europe, Sonim is poised to seize emerging opportunities and strengthen its leadership in rugged communications technology with phones, wireless internet solutions, and a software suite that maps to the needs of its customer base.

“Sonim’s objective is to ensure that we have good distribution, reliable support services, and a strong roadmap within the region for carriers, integrators, and resellers alike,” said Simon Rayne, GM of Sonim EMEA and Asia-Pac. “Our latest strategic investment in the EMEA region underscores our commitment to capturing a larger share of the EMEA market not just by meeting market demands but anticipating them. As we expand, we are setting the benchmark for excellence with superior carrier-grade solutions, ready to support a broad range of customers with technology that truly makes a difference.”

Distribution

Key distribution partnerships have been established with Modino in the Nordics, Brodos in Germany, Austria, Switzerland (DACH), TCCM in the Central & Eastern Europe (CEE) region, and Cernotech in South Africa. Collaborations with distributors in other regions of Europe are pending. These alliances are key to expanding Sonim’s brand presence through channel partners focusing on niche verticals, small to medium retail shops, national and big box retailers, and carriers. Sonim’s broad portfolio of solutions is designed to meet the diverse needs of active consumers, prosumers, and professionals across sectors like critical communications and emergency services, healthcare, construction, logistics, agriculture, industrial, oil & gas, hospitality, and small-to-medium businesses. This comprehensive approach ensures that all users, regardless of their specific industry or personal needs, have access to premium, durable communication solutions tailored to their requirements.

Key Personnel
Sonim is also strengthening its regional capabilities through strategic hires, including Country Managers for the Nordics, Baltics, DACH and Central Europe, in addition to experts in Technical Account Management, Product Management, Reverse Logistics, and EU Regulatory Compliance. In addition, announcements for new hires and expansion developments are forthcoming.

New Products
Sonim is showcasing its dedication to expanding its portfolio of durable tech with rugged professional phones for a broader audience with the introduction of two new phones unveiled at the IFA Berlin event earlier this week: the XP400 smartphone and the XP100 feature phone, ideal for small and medium-sized enterprises, field professionals, and consumers.

For more information about Sonim Technologies and our latest products, visit www.sonimtech.com.

About Sonim Technologies, Inc.
Sonim Technologies is a leading provider of ultra-rugged, rugged and durable communication tools, including phones, wireless internet data devices, software and a robust ecosystem of accessories and partners that comprise solutions designed to provide extra protection and functionality for users that demand more in their work and everyday lives. Based in California, USA and operating globally, Sonim’s carrier-grade solutions are sold through leading carriers and distributors worldwide. Discover more at www.sonimtech.com.

Media Contact

Anette Gaven
Sonim Technologies
M: 619-993-3058
pr@sonimtech.com

Investor Contact
Matt Kreps
Darrow Associates Investor Relations
mkreps@darrowir.com
M: 214-597-8200

Important Cautions Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to, among other things, the impact of announced products on Sonim’s business and Sonim’s discussion of its expansion strategy. These forward-looking statements are based on Sonim’s current expectations, estimates and projections about its business and industry, management’s beliefs and certain assumptions made by Sonim, all of which are subject to change. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “achieve,” “aim,” “ambitions,” “anticipate,” “believe,” “committed,” “continue,” “could,” “designed,” “estimate,” “expect,” “forecast,” “future,” “goals,” “grow,” “guidance,” “intend,” “likely,” “may,” “milestone,” “objective,” “on track,” “opportunity,” “outlook,” “pending,” “plan,” “position,” “possible,” “potential,” “predict,” “progress,” “promises,” “roadmap,” “seek,” “should,” “strive,” “targets,” “to be,” “upcoming,” “will,” “would,” and variations of such words and similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include, but are not limited to, the following: the availability of cash on hand; potential material delays in realizing projected timelines; Sonim’s material dependence on its relationship with a small number of customers who account for a significant portion of Sonim’s revenue; Sonim’s entry into the data device sector could divert our management team’s attention from existing products; risks related to Sonim’s ability to comply with the continued listing standards of the Nasdaq Stock Market; Sonim’s ability to continue to develop solutions to address user needs effectively, including its next-generation products; Sonim’s reliance on third-party contract manufacturers and partners; Sonim’s ability to stay ahead of the competition; Sonim’s ongoing transformation of its business; the variation of Sonim’s quarterly results; the lengthy customization and certification processes for Sonim’s wireless carries customers; various economic, political, environmental, social, and market events beyond Sonim’s control, as well as the other risk factors described under “Risk Factors” included in Sonim’s most recent Annual Report on Form 10-K and any subsequent quarterly filings on Form 10-Q filed with the Securities and Exchange Commission (available at www.sec.gov). Sonim cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Sonim assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

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

Gorilla Announces Share Buyback of up to $6 Million as It Deems Shares to Be Undervalued


Key Highlights:

  • Share Repurchase Underway: To repurchase 1.1 million shares, closing in the next five business days.
  • Unaudited H1 2024 financials expected by September 30, 2024.
  • Holding Free cash reserves exceed $40 million; Current assets total over $58 million, including restricted capital; Real estate holdings valued at over $25 million

London, United Kingdom – Newsfile Corp. – September 12, 2024 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”) is thrilled to announce an ambitious and strategic share buyback program, aimed at addressing what we believe to be a significant undervaluation of our shares. This initiative comes in response to the sharp decline in the Company’s market cap from approximately $650 million to $35 million, in spite of our strong business performance. The share buyback will help realign Gorilla’s stock price with our assessment of its intrinsic value and support our long-term strategic objectives.

The Board of Directors has authorised the repurchase of up to $6 million worth of shares under this buyback programme, demonstrating our strong conviction in the Company’s intrinsic value. Under this program, Gorilla has entered into several privately negotiated transactions with existing shareholders to repurchase over 1.1 million of its ordinary shares, which transactions are expected to close over the next five business days. The Company will continue to opportunistically pursue additional share repurchases so long as this undervaluation persists. This ensures a comprehensive and strategic consolidation of shares, reinforcing our commitment to maximizing shareholder value.

We are also pleased to report that our largest customers have fulfilled their payment obligations. This has significantly bolstered our cash reserves, providing a robust financial foundation to support this strategic buyback program.

Under this program, the Company will continue to opportunistically pursue additional share repurchases so long as this undervaluation persists. This ensures a comprehensive and strategic consolidation of shares, reinforcing our commitment to maximizing shareholder value.

“This share buyback program reflects our unwavering belief in the Company’s intrinsic value and our confidence in its future potential. By taking these actions, we believe that we are not only addressing the current market undervaluation but also establishing a solid foundation for sustainable growth and enhanced shareholder value. This initiative showcases our commitment to leveraging our strong financial position to drive long-term success and achieve market leadership. Our financial position continues to strengthen, with cash reserves growing steadily, and our assets clearly demonstrate our solid footing. We believe our tangible and intangible assets, including real estate and intellectual property, highlight the significant intrinsic value found within Gorilla, underlining our strong market position and dedication to delivering exceptional shareholder value,” said Jay Chandan, Chairman & CEO.

“I have observed a significant decline in Gorilla’s market capitalization, which we have assessed as a substantial undervaluation of our shares, despite the thriving AI market. Our key projects are performing. Our share buyback program is a decisive step to address this undervaluation and support Gorilla’s long-term strategic goals. We believe this move sends a clear and powerful message to the market,” concluded Jay Chandan.

The Company expects to release unaudited financial statements for the first half of 2024 on or prior to September 30, 2024.

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.

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 future revenues, our ability to attract the attention of customers and investors alike, our expectations to swing to profit in the quarters ahead, our expectation that share repurchases contemplated pursuant to executed share repurchase agreements will close in the short term, Gorilla’s strategic shift to enable it to pursue larger projects with better revenue visibility, Gorilla’s largest projects and ability to win additional projects and execute definitive contracts related thereto, 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.

Guided by Customer-Centric Philosophy, VinFast Navigates New EV Realities

VinFast is responding to the evolving electric vehicle (EV) market with a customer-centric philosophy focused on affordability, quality, and comprehensive after-sales support. This is reflected in its diverse model range and expansion into emerging markets, positioning the company for sustained growth.


HANOI, VIETNAM – Media OutReach Newswire – 12 September 2024 – The EV market, while still expanding, has fallen short of the ambitious growth trajectory envisioned by automakers. Consequently, many established manufacturers are scaling back their aggressive electrification timelines.

VinFast EV manufacturing complex in Hai Phong, Vietnam
VinFast EV manufacturing complex in Hai Phong, Vietnam

While some automakers are hedging their bets with hybrid models, others are doubling down on their vision for an all-electric future. To achieve this, they’re recognizing the need to transition from catering to early adopters to making electric vehicles more accessible to the mass market.

VinFast, a Vietnamese pure-play EV manufacturer, is meeting this challenge head-on with a customer-centric approach. Their commitment to “premium-quality product, inclusive price, and outstanding aftersales policy” aims to tackle the common concerns of potential EV buyers.

With price being the most significant hurdle to mainstream adoption, VinFast has introduced, or is planning to introduce, more affordable EV models across virtually all its operational markets. Consumers in Vietnam enjoy the broadest selection of VinFast vehicles, including their most budget-friendly model, the VF 3, priced starting from $10,000 with their innovative battery subscription model. The record-breaking 27,400 non-refundable pre-orders in May underscore the model’s resonance in a market where car ownership remains a distant dream for many. It’s anticipated that the VF 3, with its blend of affordability, style, and practicality, will redefine mobility in the broader Southeast Asia, much like how motorcycles once did.

In the US and the EU, reports suggest that VinFast may introduce more affordable SUVs like the VF 6, positioned below the current VF 8 in terms of price. Their arrival in these markets, while still not official, is eagerly awaited by those seeking a more affordable entry point into the VinFast ecosystem.

VinFast’s comprehensive lineup empowers them to cater to diverse market demands. Moreover, all VinFast vehicles have garnered praise for their handling and driving experience, both from casual customers and professional reviewers, complemented by an array of smart and practical features. For instance, the VF 8, one of VinFast’s flagship models, boasts a spacious interior, advanced driver-assistance systems, and a range that rivals many established competitors.

The company’s dedication to exceptional customer service and aftersales support, characterized by extended warranties and comprehensive service offerings, further solidifies their commitment to providing value and reassurance to buyers. The up-to-10-year warranty offered on VinFast vehicles stands as a testament to their confidence in the quality and longevity of their products, setting a new benchmark in the industry.

VinFast’s strategic focus might also stem from the realization that while the EV market in developed regions like the US and Europe may be experiencing a slowdown, other markets, such as Southeast Asia and the Middle East, present promising prospects.

The young company is actively expanding its reach into these regions, tapping into a growing interest in the EV transition. In the Middle East, VinFast has made significant strides, securing agreements with distributors, opening its first showroom, and establishing a regional headquarters. These strategic moves not only open doors to new customer bases but also lay the groundwork for future expansion into other promising markets in the region.

VinFast’s proactive approach to catering to customer needs, coupled with its expansion into emerging markets, positions the company as a compelling player in the ever-evolving EV landscape.

Hashtag: #VinFast #Vingroup #EV

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

Andaz Macau Celebrates Its One-Year Anniversary With a Spectacular Sino-Luso Gastronomic Bazaar

Taking place on September 14, this one-of-a-kind event showcases Macau’s incredible gastronomic heritage through a variety of Portuguese and Chinese regional delicacies, highlighting the hotel’s commitment to creating unique and inspiring experiences


MACAU SAR – Media OutReach Newswire – 12 September 2024 – Andaz Macau, the dynamic lifestyle hotel concept at Galaxy Macau™, celebrates its one-year anniversary this month with a spectacular Sino-Luso Gastronomic Bazaar showcasing Macau’s incredible gastronomic heritage. Taking place at Andaz Kitchen – Level 6, North Tower of Andaz Macau from 12 noon on September 14, this one-of-a-kind event will give guests the opportunity to experience a wide range of authentic regional delicacies from Portugal and China, along with handpicked wines and spirits, and live music.

Andaz Macau, the dynamic lifestyle hotel concept at Galaxy Macau™, celebrates its one-year anniversary this month with a spectacular Sino-Luso Gastronomic Bazaar showcasing Macau’s incredible gastronomic heritage.
Andaz Macau, the dynamic lifestyle hotel concept at Galaxy Macau™, celebrates its one-year anniversary this month with a spectacular Sino-Luso Gastronomic Bazaar showcasing Macau’s incredible gastronomic heritage.

Underlining Macau’s status as a global dining hub and a UNESCO Creative City of Gastronomy, the event also supports the Macau SAR Government’s ‘Tourism + Gastronomy’ initiative and the efforts to develop the city into a World Center of Tourism and Leisure.

Portuguese coastal seafood or fiery Sichuan favorites, comforting desserts or creative cocktails, the vibrant celebration is all about finding what you love and sharing them with the ones you love.
Portuguese coastal seafood or fiery Sichuan favorites, comforting desserts or creative cocktails, the vibrant celebration is all about finding what you love and sharing them with the ones you love.

This bazaar caps a hugely successful first year for Andaz Macau, which officially opened on September 15, 2023. The largest Andaz hotel in the world, with over 700 rooms and suites, Andaz Macau has already won a host of accolades and awards, including The Best Hotels in Macau Top 5 in the Travel + Leisure Luxury Awards Asia Pacific 2024, the Most Anticipated New Hotel of the Year 2023 on HotelShare Media, Best New Hotel in China in the TTG China Travel Awards, and Best Trendy Hotel in The Bund Design Hotel Awards.

An all-day dining neighborhood destination featuring live-action cooking where chefs create Portuguese, Macanese and neighborhood dishes. In a nod to the maritime history of Macau, wooden archways are built into the interiors above, and the Portuguese mosaic tiles (azulejos) on the floor are a reminder of the city's European heritage.
An all-day dining neighborhood destination featuring live-action cooking where chefs create Portuguese, Macanese and neighborhood dishes. In a nod to the maritime history of Macau, wooden archways are built into the interiors above, and the Portuguese mosaic tiles (azulejos) on the floor are a reminder of the city’s European heritage.

Meaning “personal style” in Hindi, Andaz is known for celebrating the individuality of each guest, and creating inspiring experiences that bring each destination to life through a kaleidoscope of local culture. Andaz Macau is also home to dynamic culinary venues, where guests can experience authentic flavors of Macau and classic dishes from around the world. Andaz Kitchen is an all-day dining destination featuring live-action cooking displays, where guests can enjoy Portuguese and neighborhood cuisines. Guests can savor creative cocktails prepared by our mixologists or local beers in Andaz Bar.

From the northern Portuguese region of Trás-os-Montes and Douro, guests can enjoy Bola de Carne à Transmontana (Smoked Charcuterie and Olive Oil Bread), Cozido à Portuguesa (Portuguese Meat and Vegetable Stew), and Toucinho do Céu (Egg and Almond Cake), etc.

The central Portuguese regions of Beiras and Estremadura offer such delicacies as Sopa de Peixe da Nazaré (Seafood Soup), Pataniscas de Bacalhau (Codfish Flat Cakes with Tomato Rice), Arroz de Cabidela (Chicken and Blood Rice),etc.

From the southern regions of Alentejo and the Algarve, visitors can enjoy Sopa Alentejana com Bacalhau (Garlic and Coriander Soup with Sourdough and Codfish), Carne de Porco à Alentejana (Braised Pork Collar with Clams and Fried Potatoes), Sericaia (Cinnamon and Egg Clay Cake), etc.

And from the islands of Madeira and the Azores come dishes such as Polvo Guisado dos Açores (Red Wine Stewed Octopus with Garlic Olive Oil), etc.

A nod to Macau’s cultural diversity, the bazaar brings the culinary landscape of Portugal and China to life through the expertise of Andaz Macau’s Portuguese Executive Chef André and the Chefs de Cuisine of Galaxy Macau’s Chinese restaurants—Bei Shan Lou, Spicy Sichuan and Pak Loh Chiu Chow Restaurant.
A nod to Macau’s cultural diversity, the bazaar brings the culinary landscape of Portugal and China to life through the expertise of Andaz Macau’s Portuguese Executive Chef André and the Chefs de Cuisine of Galaxy Macau’s Chinese restaurants—Bei Shan Lou, Spicy Sichuan and Pak Loh Chiu Chow Restaurant.

Providing even more tempting options, regional signature dishes from the North, West, and South of China will be served up by the talented chefs from some of Galaxy Macau’s best-loved restaurants, including Bei Shan Lou, Spicy Sichuan, and Pak Loh Chiu Chow Restaurant, offering visitors from near and far the opportunity to expand their culinary horizons while immersing themselves in Macau’s unique gastronomic heritage. Guests can wash it all down with Poncha from Madeira, wines from famous Portuguese regions such as Douro and Dão, and wine from Ningxia. Enhancing the celebratory atmosphere, meanwhile, will be an eclectic live music.

Entry to the bazaar is free, allowing visitors to create their own unique culinary journey by purchasing tokens and exchanging them for their choice of dishes and beverages. One token is priced at MOP 38, while multiple token packages are also available at MOP 168 (5 tokens), MOP 328 (10 tokens), and MOP 628 (20 tokens).

Andaz Macau 1ˢᵗ Anniversary Sino-Luso Gastronomic Bazaar

Time: 12:00 – 24:00, Saturday, September 14, 2024
Location: Andaz Kitchen – Level 6, North Tower, Andaz Macau
Discount: Enjoy up to 20% of Food & Drinks Tokens discount with your ICBC Galaxy Macau Credit Card
Book Hotline: +853 8883 2221
(*Free Entry)

Hashtag: #GalaxyMacau

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

ABOUT GALAXY MACAU INTEGRATED RESORT

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies.

Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world’s most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests’ service, and be invited to exclusive luxury brand events. A different caliber of privileges and rewards also await. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game.

Galaxy Cinemas takes immersive movie experiences to the next level with the latest audio-visual technology, ultra-luxurious facilities and bespoke services; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavors & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavors at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events.

Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit and

Hang Lung Joins Forces With InterContinental Hotels Group to Introduce Kimpton Hotels & Restaurants to Grand Gateway 66 in Shanghai

Transforming the serviced apartment tower into Kimpton Xujiahui Shanghai will strengthen the offerings of the complex and the Xujiahui district


HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 12 September 2024 – Hang Lung Group (SEHK stock code: 00010) (“Hang Lung” or “the Group”) today announced that its terraced Grand Gateway 66 Serviced Apartment, located within the Group’s Grand Gateway 66 commercial complex in Shanghai, will be revitalized with the introduction of Kimpton Hotels & Restaurants—a luxury boutique brand under InterContinental Hotels Group (“IHG”). Named Kimpton Xujiahui Shanghai and scheduled to open by the end of 2026, the hotel will not only enhance the competitive advantage of Grand Gateway 66 but will inject vitality into the Xujiahui business district, providing a new urban luxury living experience.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Group (left), and Mr. Daniel Aylmer, Chief Executive Officer of IHG Greater China (right), sign the agreement to transform the Grand Gateway 66 Serviced Apartment into Kimpton Xujiahui Shanghai
Mr. Weber Lo, Chief Executive Officer of Hang Lung Group (left), and Mr. Daniel Aylmer, Chief Executive Officer of IHG Greater China (right), sign the agreement to transform the Grand Gateway 66 Serviced Apartment into Kimpton Xujiahui Shanghai

Seamlessly connected to Grand Gateway 66, a hub of luxury brands and experiences, Kimpton Xujiahui Shanghai will offer an integrated lifestyle that encompasses dining, living, travel, shopping, and entertainment, meeting the demands of business and leisure travelers for personalization and perfectly aligning with Hang Lung’s vision to create compelling spaces that enrich lives. The hotel will feature 149 guestrooms, a rooftop garden, a sky terrace, and an outdoor swimming pool, offering an oasis of relaxation amid the hustle and bustle of the city.

(From left to right) Mr. Symon Bridle, Consultant – Hotel, Hang Lung Properties; Mr. Derek Pang, Senior Director – Mainland Business Operation, Hang Lung Properties; Mr. Weber Lo, Chief Executive Officer of Hang Lung Group; Mr. Daniel Aylmer, Chief Executive Officer of IHG Greater China; Mr. Kent Sun, Chief Development Officer of IHG Greater China; and Mr. Peter Zhou, Vice President of IHG Greater China at the signing ceremony for Kimpton Xujiahui Shanghai
(From left to right) Mr. Symon Bridle, Consultant – Hotel, Hang Lung Properties; Mr. Derek Pang, Senior Director – Mainland Business Operation, Hang Lung Properties; Mr. Weber Lo, Chief Executive Officer of Hang Lung Group; Mr. Daniel Aylmer, Chief Executive Officer of IHG Greater China; Mr. Kent Sun, Chief Development Officer of IHG Greater China; and Mr. Peter Zhou, Vice President of IHG Greater China at the signing ceremony for Kimpton Xujiahui Shanghai

Mr. Weber Lo, Chief Executive Officer of Hang Lung Group, said, “Grand Gateway 66, Hang Lung’s inaugural project in mainland China, has stood as one of the most iconic commercial complexes in the heart of Xujiahui business district since it opened its doors. Our partnership with InterContinental Hotels Group to transform the Grand Gateway 66 Serviced Apartment into Kimpton Xujiahui Shanghai marks a significant step in enhancing the complex’s positioning as the ‘GATEWAY TO INSPIRATION,’ as well as its international and domestic appeal. This initiative reflects our long-term commitment to Xujiahui district, elevating its offerings and status while addressing the demand for luxury hospitality in the area. It is our vision to infuse inspiration, energy, and vibrancy into the city of Shanghai, thereby strengthening our presence in the commercial real estate market.”

Daniel Aylmer, CEO, IHG Greater China, said, “Entering Greater China for 49 years, IHG has been dedicated to this market, with a strong focus on expanding our Luxury & Lifestyle portfolio in top-tier cities. The launch of Kimpton Xujiahui Shanghai marks an important step in bringing the Kimpton brand to a wider guest and expand our footprint in the luxury and boutique hotel sector in key cities. We are excited to partner with the Hang Lung Group to create a premier lifestyle destination in Xujiahui commercial hub, establishing Kimpton Xujiahui Shanghai as a new landmark with vibrant urban social experiences. Looking ahead, we are eager to further expand our portfolio of Luxury & Lifestyle hotels across Greater China, catering to the diverse and personalized travel needs of our global guests.”

Kimpton Xujiahui Shanghai is expected to open by the end of 2026, bringing a new urban luxury lifestyle to the heart of the Xujiahui business district (Remarks: the photo is an artist’s impression for reference only)
Kimpton Xujiahui Shanghai is expected to open by the end of 2026, bringing a new urban luxury lifestyle to the heart of the Xujiahui business district (Remarks: the photo is an artist’s impression for reference only)

Guided by a design-first ethos, Kimpton Xujiahui Shanghai will draw inspiration from Shanghai’s vibrant culture and architectural heritage. The hotel’s exterior will blend the original structure with elegantly curved rooflines and ridges, embodying the unique spatial rhythm of the city. In line with the project’s luxury positioning, Grand Gateway 66 will curate a diverse array of premium experiences along with the hotel for discerning customers, setting new trends in Xujiahui and opening new avenues for consumption growth while further integrating Shanghai’s high-end business, cultural, and tourism sectors.
Hashtag: #HangLungGroup

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

About Hang Lung Group

Hang Lung Group Limited (SEHK stock code: 00010) is one of Hong Kong’s most established listed companies with more than 60 years of experience in the property development market.

Through our subsidiary Hang Lung Properties Limited (SEHK stock code: 00101), the Group develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the Group’s Mainland portfolio has established its leading position as the “Pulse of the City”.

At Hang Lung Group – We Do It Well.

For more information, please visit .

Base Therapeutics announces the completion of its A2 round of financing

Base Therapeutics’ AccuBase® Base Editor Receives Overseas Patent Authorization


HONG KONG SAR – Media Outreach Newswire – 12 September 2024 – Base Therapeutics recently announced the completion of its A2 round financing, raising tens of millions of RMB. This round of financing was led by AEF Greater Bay Area Fund, managed by Gobi Partners GBA and will be used to strengthen Base Therapeutics’ R&D team, optimize its product pipeline, accelerate clinical trials, and pave the way for future commercialization. Additionally, the company plans to establish a presence in the Greater Bay Area, with Hong Kong as its core, to support internationalization efforts, continuous R&D, innovation, and international cooperation and exchange activities.

(Base Therapeutics and Gobi Partners GBA signed an MOU at the Belt and Road Summit to support Base Therapeutics’ expansion into the Belt and Road market, starting with a Hong Kong operation. From left to right: Dr Grace Lau, Head of Institute for Translational Research of Hong Kong Science and Technology Parks Corporation, Mr Charles Ng, Associate Director-General of InvestHK, Dr Tianhong Xu, founder and CEO of Base Therapeutics, Mr Fred Li, Senior Executive Director of Gobi Partners GBA, Mr Nicholas Ho, Commissioner for Belt and Road of The Government of the Hong Kong Special Administrative Region of the People's Republic of China)
(Base Therapeutics and Gobi Partners GBA signed an MOU at the Belt and Road Summit to support Base Therapeutics’ expansion into the Belt and Road market, starting with a Hong Kong operation. From left to right: Dr Grace Lau, Head of Institute for Translational Research of Hong Kong Science and Technology Parks Corporation, Mr Charles Ng, Associate Director-General of InvestHK, Dr Tianhong Xu, founder and CEO of Base Therapeutics, Mr Fred Li, Senior Executive Director of Gobi Partners GBA, Mr Nicholas Ho, Commissioner for Belt and Road of The Government of the Hong Kong Special Administrative Region of the People’s Republic of China)

Base Therapeutics was founded in 2021 and is a technology-driven innovative enterprise focusing on foundational innovations in gene editing. It is a global pioneer in base editing and cell gene therapy research and development. Since its inception, the company has been committed to developing world-first cell therapies and gene editing products, particularly showing great promise in treating cancers and genetic diseases.

Base Therapeutics has developed a series of core technologies in the field of gene editing, including ePE lead editing, the AccuBase® base editing system, CasH gene editing technology, BEAT-CART technology, and in vivo targeted delivery technology. Among these, the AccuBase® base editing system possesses globally free-to-operate (FTO) characteristics, enabling efficient and zero-off-target gene editing both in vitro and in vivo. This is also the world’s first Base Editing targeted NK cell therapy product, which uses base editing to confer target specificity to NK cells.

The company has built a nearly 2,500 square meter GMP cell production facility that meets the requirements for clinical-grade cell therapy research and production. Base Therapeutics’ pipeline also includes multiple base-edited NK cell products targeting hematological malignancies and autoimmune diseases, as well as universal CAR immunotherapy products and in vivo gene editing.

In terms of external collaborations, Base Therapeutics has licensed its AccuBase® base editing technology non-exclusively to leading CAR-T cell therapy companies internationally. The company also collaborates with agricultural enterprises to develop thornless fish using base editing technology and explores applications in crop improvement and livestock genetic modification.

Base Therapeutics has cumulatively received tens of millions of dollars in seed and Series A investments, backed by top-tier international biopharmaceutical venture capital institutions. The company has won numerous honors, including second place in the national finals of the 12th China Innovation and Entrepreneurship Competition. It also holds 29 intellectual property applications covering software copyrights, utility model patents, national invention patents, PCT, and US patents.

Dr. Tianhong Xu, Founder and CEO of Base Therapeutics, expressed enthusiasm about the strategic partnership with Gobi Partners GBA. “Gobi Partners GBA’s investment is a strong endorsement of Base Therapeutics’ groundbreaking gene editing technology and our team’s vision to revolutionize healthcare. With their deep understanding of the Greater Bay Area market and extensive global network, we are confident in accelerating our expansion into Hong Kong and beyond. This partnership is instrumental in advancing our clinical trials, forging strategic collaborations, and ultimately delivering life-changing therapies to patients worldwide.”

As Fred Li, Senior Executive Director of Gobi Partners GBA noted, “Base Therapeutics is a promising investment opportunity in the Greater Bay Area. Their groundbreaking work in gene editing aligns with our focus on supporting cutting-edge healthcare technologies. We are confident that their expansion into Hong Kong will further strengthen their position in the global healthcare technology market and drive innovation.”

(Visiting Base Therapeutics’ Laboratory in Shanghai. From left to right: Mr Jimmy Ng, Investment Director of Gobi Partners GBA, Prof. Xingxu Huang, co-founder and Chief Scientific Advisor of Base Therapeutics, Mr Thomas Tang, Analyst of Gobi Partners GBA, Mr Fred Li, Senior Executive Director of Gobi Partners GBA and , Dr Tianhong Xu, founder and CEO of Base Therapeutics)
(Visiting Base Therapeutics’ Laboratory in Shanghai. From left to right: Mr Jimmy Ng, Investment Director of Gobi Partners GBA, Prof. Xingxu Huang, co-founder and Chief Scientific Advisor of Base Therapeutics, Mr Thomas Tang, Analyst of Gobi Partners GBA, Mr Fred Li, Senior Executive Director of Gobi Partners GBA and , Dr Tianhong Xu, founder and CEO of Base Therapeutics)

About Gobi Partners GBA (Gobi GBA)
Gobi Partners GBA (Gobi GBA) was established in 2016 as a part of the leading Pan-Asian venture capital platform Gobi Partners. Gobi GBA is the general partner of the Alibaba Hong Kong Entrepreneurs Fund, L.P.(AEF)as well as the AEF Greater Bay Area Fund LPF, and has formed strategic partnerships with other renowned financial institutions such as HSBC and Hang Seng Bank.

As of 2023, Gobi GBA has invested in over 80 startups across the Greater Bay Area and has fostered the growth of 8 unicorns including Airwallex, Amber, Animoca Brands, GoGoX, Prenetics, and more.

About Base Therapeutics
On August 20, 2024, Base Therapeutics announced that its AccuBase® base editor has officially received authorization for two patents from the United States Patent and Trademark Office (USPTO). This marks that both of Base Therapeutics’ AccuBase® technologies have secured patent protection in China and overseas markets. Base Therapeutics’ strategic positioning in the gene editing field is at the forefront internationally, making it one of the biopharmaceutical companies with the most authorizations domestically and abroad.

AccuBase® Technology Highlights:

  • Extremely low off-target effects.
  • Demonstrated highly efficient and stable editing performance in various in vitro and in vivo environments.
  • The protein form of AccuBase® is commercialized, being the only available base editing protein worldwide, and comes in both research and GMP grades.
  • Has received multiple patent authorizations domestically and internationally.
  • Possesses characteristics allowing for freedom to operate (FTO) globally.

Products Developed Based on AccuBase®:

  • NK510: Editing efficiency up to 95% in primary NK cells; IND application completed in China, expected to file an IND application in the U.S. in September.
  • NK510 and NK520: Multiple Investigator Initiated Trials (IITs) conducted, preliminary safety and efficacy for solid tumors have been confirmed.
  • In the field of in vivo gene therapy, combined with Base Therapeutics’ proprietary delivery system, AccuBase® achieves over 80% editing efficiency in the liver, with multiple in vivo gene therapy products under development.

Collaborations and Licensing:

  • AccuBase® has been licensed to a renowned international CAR-T company, achieving multi-million dollar upfront payments and milestone payments.
  • Beyond internal R&D, Base Therapeutics collaborates with other biopharmaceutical companies to develop cell products.

Dr. Tianhong Xu, founder and CEO of Base Therapeutics, stated: “Base Therapeutics will continue to innovate technologically and develop products to strive to become a leader in the global gene editing field, driving industry progress and bringing revolutionary treatment options to patients worldwide.”
Hashtag: #BaseTherapeutics

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

Base Therapeutics

Base Therapeutics was founded in 2021 and is a technology-driven innovative enterprise focusing on foundational innovations in gene editing. It is a global pioneer in base editing and cell gene therapy research and development. Since its inception, the company has been committed to developing world-first cell therapies and gene editing products, particularly showing great promise in treating cancers and genetic diseases.
Base Therapeutics has developed a series of core technologies in the field of gene editing, including ePE lead editing, the AccuBase® base editing system, CasH gene editing technology, BEAT-CART technology, and in vivo targeted delivery technology. Among these, the AccuBase® base editing system possesses globally free-to-operate (FTO) characteristics, enabling efficient and zero-off-target gene editing both in vitro and in vivo. This is also the world’s first Base Editing targeted NK cell therapy product, which uses base editing to confer target specificity to NK cells.

Charis Manor’s Certification Programme and Externship to Prioritise Mental Health Care for the Elderly


SINGAPORE – Media OutReach Newswire – 12 September 2024 – Charis Manor Nursing Home, a leading elderly home in Singapore, is proud to announce the launch of a new Graduate Certificate in Mental Health programme offered by Edith Cowan University (ECU) at CSM Academy. This healthcare course, designed for aspiring healthcare professionals seeking to specialise in mental health care, reflects Charis Manor’s commitment to nurturing future generations of healthcare professionals through a unique and enriching learning environment.

Charis Manor's Certification and Externship Focus on Elderly Mental Health Care
Charis Manor’s Certification and Externship Focus on Elderly Mental Health Care

About the Graduate Certificate in Mental Health

The Graduate Certificate in Mental Health starting in February 2025 catering to students seeking advanced qualifications in this crucial area. The healthcare course has garnered significant interest since the COVID-19 pandemic highlighted the importance of mental well-being for all age groups, particularly the elderly population.

Our new Graduate Certificate in Mental Health is a milestone in elder care education,” said Dr Rashid, Director of Community Outreach “By combining rigorous academic training with hands-on externship opportunities, we are preparing the next generation of healthcare professionals to address the complex mental health needs of our aging population.

Mental health among the elderly is a pressing issue in Singapore, often overlooked or underestimated. The monotony of daily life, coupled with limited opportunities for interaction, can lead to feelings of loneliness, depression, and anxiety, significantly impacting their overall well-being and quality of life.

While elderly individuals at home may benefit from the familiarity of their surroundings, they can still experience feelings of isolation and loneliness. Old age homes or nursing care facilities, on the other hand, offer a structured environment designed to support both physical and mental well-being. With expert medical care, engaging activities, and companionship, nursing homes provide a comprehensive approach to caring for seniors. Staff members trained in clinical care, mental health, and dementia support can help identify and address emotional needs, fostering a sense of belonging and connection.

For those caring for elderly family members at home, understanding mental health is crucial. The Graduate Certificate in Mental Health is designed to equip caregivers and healthcare professionals with the knowledge and skills necessary to address specific mental health needs, especially among the elderly population. With a better understanding of the unique challenges faced by seniors, graduates of this programme will be well-prepared to develop and implement effective interventions. It will also allow them to promote mental well-being and prevent the onset of mental health disorders among this vulnerable group.

Externship: Experiential Learning for Students, Enhanced Wellbeing for Residents

Charis Manor Nursing Home, established by CSM Academy International Group Pte Ltd, offers more than just theoretical education. This private nursing home facility in Singapore provides students with hands-on learning experience through its on-site externship programme. Unlike traditional classroom settings, students at Charis Manor gain invaluable practical training by observing real-life situations and interacting directly with residents.

This externship approach allows students to:

  • Witness and participate in everyday care routines for elderly residents.
  • Engage in role-playing exercises that simulate real-world scenarios.
  • Utilise the nursing home’s facilities for practical training purposes.

Elderly residents at Charis Manor will also be able to enjoy positive social interaction with the younger generation. This interaction in turn helps to:

  • Combat feelings of loneliness and isolation commonly experienced by some seniors.
  • Improve mental well-being by providing opportunities for conversation and connection.
  • Foster a sense of belonging and connection to the outside world through exposure to current trends and updates.

It is a unique arrangement that creates a mutually beneficial environment where both students and residents can flourish.

The Future of Nursing

“By offering the Graduate Certificate in Mental Health and a unique externship programme, we shape the future of elder care by providing aspiring nurses with the knowledge and practical skills required to deliver exceptional and compassionate mental health care to the elderly population,” shared Dr Rashid, Director of Community Outreach.

Individuals interested in pursuing this healthcare course can browse and enrol in programmes directly through the Charis Manor Nursing Home website: https://www.charismanor.com/product-category/nursing-course/.
Hashtag: #ElderCare #CharisManor #SingaporeHealthcare



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

About Charis Manor

Charis Manor Nursing Home, a subsidiary of CSM Academy International Group Pte Ltd, is committed to providing exceptional care for the elderly while fostering a nurturing environment for future nursing professionals. The facility offers a comfortable and homely atmosphere, where residents can enjoy a high quality of life. With a focus on holistic well-being, Charis Manor provides comprehensive care services, including medical attention, social activities, and personalised support. By combining expert care with a warm and welcoming environment, the team strives to create a thriving community where residents can age with dignity and purpose.

Lao Actress Noutnapha Soydala Takes International Spotlight in Thai Sci-Fi Epic ‘Taklee Genesis’

Lao Actress Noutnapha Soydala acting in n Thai Sci-Fi Epic 'Taklee Genesis'. (Photo: Woman in Revolt)

Lao actress Noutnapha “Nout” Soydala, makes her international debut in Taklee Genesis, a Thai sci-fi film hitting theaters today, 12 September.

This is the first Thai film distributed by the global entertainment giant Warner Bros.

The movie dives into a secret Cold War-era warp-speed teleporter that propels a United States (US) military officer into different time periods, from pre-historic Ban Chiang to a future 100 years ahead.

Directed by Chookiat “Matthew” Sakveerakul, known for 13 Beloved and Love Of Siam, the film features a cast including Peter Corp Dyrendal, Paula Taylor, and Wanarat “War” Ratsameerat. It is produced by Neramitnung Film. 

Noutnapha Soydala’s involvement in this high-profile project marks a significant milestone in her career. At 34, Nout, a performer with a background in contemporary dance and acting, is stepping into the international spotlight with her role in this Thai production. 

Her previous work in the 2019 horror film “The Long Walk” on Netflix opened doors to this new venture.

“I am incredibly grateful to be a part of ‘Taklee Genesis’,” Nout said. “When the producer team approached me, they mentioned they had seen my performance in ‘The Long Walk’, which led to this amazing opportunity. Initially, I was a bit apprehensive because my experience in film is relatively limited compared to my dance background, and the language barrier posed an additional challenge. But I saw it as a golden opportunity to grow and learn, so I embraced the role.”

Though not the central character, Nout’s role is integral to the film’s narrative. She describes her character as pivotal in setting the stage for the storyline. 

Reflecting on her experience, Nout noted the distinct differences between working on Lao films and this Thai production. While her Laos projects offered a familiar and supportive environment, the larger scale of the Thai production required more adaptation. Despite the challenges, Nout appreciated the warmth and support from the Thai team, which helped her navigate the complexities of a major international project.

In addition to her acting career, Nout is also a contemporary dance teacher and co-founder of the Fanglao Dance Company. Her background in dance has complemented her acting career. 

“Dance has taught me a lot about performance and expression, which translates well into acting,” Nout explained. Her experiences in France, where she learned to integrate dance into daily life and teach it to various age groups, influenced her decision to bring contemporary dance to Laos.

As “Taklee Genesis” hits theaters today, Nout highlights the growing presence of Southeast Asian cinema on the global stage.