JAKARTA, INDONESIA – Media OutReach Newswire – 30 June 2024 – EcoMamoni, a globally renowned environmental and renewable recycling company, announced that it will officially enter the Indonesian market on July 1, with the mission of promoting local environmental sustainability and development.
Founded in the United States in 2020, EcoMamoni has rapidly grown and established a subsidiary in the UK in 2024, further expanding its global operations. On June 5 of this year, during World Environment Day, EcoMamoni hosted over 200 environmental events in the Philippines, attracting more than 5,000 participants. This showcased the company’s commitment and proactive efforts towards environmental protection.
EcoMamoni has successfully identified over 20 recycling sites in the Philippines and is currently seeking suitable office buildings to support its long-term development plans in the region. These infrastructures will provide a solid foundation for the company’s operations in the Indonesian market.
Entering the new market, EcoMamoni aims to bring numerous positive impacts to the local community by introducing its advanced environmental technologies and recycling systems. This will enhance local environmental awareness and actions while creating numerous job opportunities. The company stated that this move is a significant step in their global expansion strategy. They are confident about making substantial progress in the Indonesian market and look forward to collaborating with local partners and customers to advance the cause of environmental sustainability.
As EcoMamoni continues to expand in the Southeast Asian market and drive global environmental efforts, the world may move towards a greener and more sustainable future.
Hashtag: #EcoMamoni
The issuer is solely responsible for the content of this announcement.
A group of khaen students with their teacher. (Photo: Media Laos/Facebook)
Two young musicians from Savannakhet have brought home top honors from the National Youth and Junior Khaen Competition, held on 22 June in Vientiane Capital. Khonmee Kingkaewsaiyalath and Anousone Saysomphong wowed the judges, securing first place in the Youth and Junior categories, respectively.
Both, Khonmee and Anousone, are students at the Training Center for Khaen Teachers, Khaen Production, and Traditional Music in Savannakhet, led by Khamsith Phommachanh.
Despite the center being established only in early June, Khamsit praised the students’ dedication as a game changer for the competition.
“Even with limited practice time, their special technique led them to victory,” he noted.
The competition featured participants from Huaphan, Savannakhet, Salavan, Vientiane Province, and Attapeu, showcasing their abilities to play the traditional Lao instrument, the khaen. This is a musical instrument, crafted from bamboo pipes connected to a small wooden chamber. Players blow air into the chamber to produce melodic sounds.
“Khaen is an instrument to bring joy to both the player and listener. I’m passionate about learning Khaen to inherit it because it is unique and makes everyone smile and dance while playing it,” said another khaen student from Vientiane, Mangkonephet Luangrath.
With a focus on keeping this art form alive for future generations, various communities are creating educational centers to teach the khaen.
“I knew that I loved playing Khaen when I joined the Khaen workshop for students at my university. I felt it was enjoyable and wanted to keep learning it so I decided to busk at Patuxay Monument to practice,” said Phasouthin Manisoth, a member of Khaen Lao Eoiy Toiy and a teacher at Sala Sujipuli in Vientiane. “I noticed that most of the children and teenagers don’t know about Khaen so I wanted to be part of preserving our tradition as permanent.”
The victories of Khonmee and Anousone not only demonstrate their talent but also celebrate the cultural importance of the khaen. As more young people embrace this traditional instrument, the future of Lao music looks bright, ensuring the khaen’s sounds continue to resonate with the Lao people.
Proposed a final dividend of HK2.0 cents per share
Highlights:
Revenue generated from provision of system support and software solution services increased by 26.9% to approximately HK$87.7 million.
Gross profit increased by 32.9% to approximately HK$62.2 million.
Net profit increased by 61.8% to approximately HK$31.2 million.
Earnings per share was HK6.51 cents. The Board recommended the payment of final dividend of HK2.0 cents per share.
HONG KONG SAR – Media OutReach Newswire – 29 June 2024 – EFT Solutions Holdings Limited (“EFT Solutions” or the “Company”, together with its subsidiaries, the “Group”; stock code: 8062.HK), a leading electronic fund transfer point-of-sales (“EFT-POS”) solution provider in Hong Kong, announced its annual results for the year ended 31 March 2024 (the “Financial Year under Review”). During the Financial Year under Review, the Group recorded revenue of approximately HK$127.7 million which represented an increase of approximately 14.7% as compared with approximately HK$111.3 million for the year ended 31 March 2023.
For sales of EFT-POS terminals and peripheral devices, revenue of approximately HK$40.0 million and HK$42.2 million were recognized for year ended 31 March 2024 and 2023, respectively, which represented a decrease of approximately 5.2%.
For provision of system support and software solution services, revenue of approximately HK$87.7 million and HK$69.1 million were recognized for year ended 31 March 2024 and 2023, respectively, which represented an increase of approximately 21.5% due to the increase of the provision of EFT-POS system support and software solution services.
PROSPECTS
As a leading provider of electronic payment terminal solutions in the industry, with more than 20 years of hard work and tireless exploration, the Group has strong capabilities and a solid foundation, accumulated rich experience and advanced technology, and can flexibly handle different currencies and cross-regional businesses to meet the needs of different regions, creating an excellent user experience for our clients.
As an industry leader, we will not only continue to strive to provide innovative and reliable payment terminal services for our clients, but we also hope to gradually integrate artificial intelligence (AI) with our technology, making electronic payment transactions more secure and transparent, while also helping enterprises reduce transaction costs and accelerate transaction speed, promoting the business growth of our clients, and also hoping to open a new chapter for the Group.
Relying on our continuously improving software technology and rice experience in technology implementation, the Group actively explored various overseas smart city projects during the Financial Year under Review, including providing hardware, software technology and e-wallet gateway services in different countries and cities such as South-East Asia countries, and successfully developed electronic payment terminal equipment and software technology suitable for the local environment for a bank in Mongolia. The Group is also committed to interconnecting electronic payments in different regions, so that consumers can use their local e-wallets when consuming abroad, fully seizing the opportunities in the international market.
We are aware of the critical role of big data in driving industry innovation and development. Every transaction contains valuable information, and if we properly manage and analyse these massive transaction data, we can gain insights into consumer behaviour and grasp market trends, thereby providing our clients with more precise and personalized payment solutions and enhancing their market competitiveness and operational efficiency.
Mr. Andrew Lo Chun-kit, Chairman and CEO of EFT Solutions said, “driven by the globe attaching great importance to digital transformation, the demands of provision of EFT-POS system support services and software solution services have been increased. We will continuously and actively explore various local and overseas smart city projects to provide dedicated service to customers and bring greater returns for the shareholders of the Group.” Hashtag: #EFTSolutions #俊盟國際 #AnnualResults
The issuer is solely responsible for the content of this announcement.
EFT Solutions Holdings Limited
EFT Solutions Holdings Limited (Stock Code: 8062.HK) has been committed to providing a full range of electronic payment solutions, supporting software and peripheral devices, in order to bring convenience to Hong Kong citizens and make their life better. It aims at providing the most suitable electronic payment solution for different customers, as well as providing add-value function for EFT-POS terminal, and coordinating terminal installation and maintenance service. Its EFT-POS terminal service covers renowned restaurant group, railway company, banks, major chain stores and department stores in Hong Kong.
LAS VEGAS, USA – Media OutReach Newswire – 28 June 2024 – Lee Kum Kee Sauce Group (“Lee Kum Kee”), the renowned Asian cooking brand, announces a high-profile global collaboration with The World’s 50 Best Restaurants as its first-ever exclusive Official Sauce & Condiment Partner.
Lee Kum Kee is the Official Sauce & Condiment Partner of The World’s 50 Best Restaurants. (Photo: Focus Event Photography)
Lee Kum Kee made its debut at The World’s 50 Best Restaurants 2024 event in Las Vegas during 3-6 June, where leading chefs, gastronomic media and culinary experts converged for the reveal of this year’s hotly-anticipated list.
Throughout the four-day programme, Lee Kum Kee proudly showcased its authentic Asian sauces and condiments. The company’s signature sauces such as Oyster Sauce, Sriracha Mayo and Hoisin Sauce were featured in the welcome dinner, Chef’s Feast, awards reception and closing party menus. Moreover, Lee Kum Kee provided premium bites to the delight of the audience at its booth. Prepared by Lee Kum Kee USA’s chef team, the Wagyu steak tartare with Lee Kum Kee Premium Oyster Sauce was particularly well-received. The positive feedback received by Lee Kum Kee underscores its broad appeal as a “global gateway to Asian cuisine”, with guests from diverse backgrounds appreciating its products’ quality and flavour.
The Lee Kum Kee team tempts attendees at The World’s 50 Best Restaurants 2024 event with delectable bites. (Photo: Focus Event Photography)
Doreen Cheng, Chief Marketing Officer of Lee Kum Kee Sauce Group said, “Lee Kum Kee is immensely proud to partner with The World’s 50 Best Restaurants and bring authentic high-quality Asian sauces and condiments to connoisseurs around the world. It reflects our commitment to be a global gateway to Asian culinary culture and foster a community with a shared passion for excellent culinary experiences.”
With a richly flavourful heritage of over 135 years, Lee Kum Kee is synonymous around the world with the authentic tastes of Asia. Today, the brand provides over 300 types of sauces and condiments to over 100 countries and regions.
Lee Kum Kee looks forward to continuing its partnership with 50 Best’s regarded community over the next year. The company is excited to bring to life superior experiences worldwide through upcoming events such as Latin America’s 50 Best Restaurants 2024 and Asia’s 50 Best Restaurants 2025.
The issuer is solely responsible for the content of this announcement.
About Lee Kum Kee Sauce Group
Lee Kum Kee was established in 1888 when its founder, Lee Kum Sheung created his own oyster sauce in Nanshui, Zhuhai, Guangdong Province, China. With a glorious history of over 135 years, Lee Kum Kee has become an international household name as well as a symbol of quality and trust. Today, it offers more than 300 types of sauces and condiments in over 100 countries and regions.
Since 2002, The World’s 50 Best Restaurants has reflected the diversity of the world’s culinary landscape. The annual list of the world’s most prestigious restaurants provides a snapshot of some of the best destinations for unique culinary experiences, in addition to being a barometer for and a pioneer of global gastronomic trends.
The 50 Best family also includes Latin America’s 50 Best Restaurants, Asia’s 50 Best Restaurants, Middle East & North Africa’s 50 Best Restaurants, The World’s 50 Best Hotels, The World’s 50 Best Bars, Asia’s 50 Best Bars, North America’s 50 Best Bars, 50 Best Discovery and the #50BestTalks series, all of which are owned and run by William Reed. 50 Best aims to bring together communities across the hospitality sector to foster collaboration, inclusivity, diversity and discovery and help drive positive change.
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – As artificial intelligence (AI) becomes increasingly prevalent, students who possess creative thinking and problem-solving abilities can sustain their competitiveness in an era of rapid change. CoolThink@JC, an initiative created and funded by The Hong Kong Jockey Club Charities Trust, aims to foster digital creativity in young learners, motivating them from an early age to use technology for the benefit of society.
Group photo of the officiating guests and representatives of the programme partners
The CoolThink@JC Commendation Scheme 2024 Ceremony was successfully held on 28 June, recognising schools and teachers who have made significant contributions to computational thinking education and demonstrated a commitment to excellence. The Ceremony also honoured students who are actively engaged in their learning, with the introduction of a new CoolThink Outstanding Teaching Assistant Award to acknowledge their exceptional achievements in promoting computational thinking and enhancing the overall quality of education.
The recipients of the CoolThink@JC Commendation Scheme 2024 have been announced following a rigorous selection by a jury composed of academics and educators (visit the website for full list of awardees). Three schools have been recognised as Resource Schools, 26 as CoolThink Network Schools, 20 teachers as CoolThink Fellows, 132 teachers as CoolThink Teachers, and 187 students as CoolThink High-Flyers. Nine teaching assistants received the new CoolThink Outstanding Teaching Assistant Award. These dedicated individuals assist teachers in delivering high-quality education and facilitating meaningful learning experiences.
Ms Ada Chu, Head of Charities (Talent and Sector Development; Institute of Philanthropy) of The Hong Kong Jockey Club, said at the Commendation Ceremony: “CoolThink@JC believes that computational thinking education should be a fundamental component of basic education as it is an essential skill for the 21st century. Over the last eight years, the Hong Kong Jockey Club Charities Trust has invested more than HK$500 million to provide computational thinking education for upper primary students, fostering their ability to actively use technology for societal benefit while integrating computational thinking into standard curricula. We are delighted that the Education Bureau formally adopted and adapted CoolThink@JC’s materials in 2023, integrating them into the standard curriculum of all primary schools in Hong Kong, thus ensuring equitable learning opportunities for all.”
CoolThink@JC not only cultivates critical thinking and encourages students to engage in digital programming, it also transforms the classroom dynamics for teachers. Through innovative educational strategies, teaching methods and comprehensive support, education is enhanced, magnifying the overall impact of teaching. The curriculum places students at the centre, transforming teachers from content deliverers to facilitators who guide students in critical thinking, questioning and problem-solving, motivating them to learn independently.
CoolThink@JC consists of two distinct phases: the pilot phase (2016 to 2020) and the second phase (post-2020). Both phases have yielded significant outcomes, global recognition and a sustainable impact. After eight-year on-going efforts, the scheme has engaged over 100,000 students and 30,000 parents. It covered 100% of public and subsidised schools, trained more than 2,000 teachers, and demonstrated The Hong Kong Jockey Club’s commitment to advancing computational thinking education. The CoolThink@JC content has been adopted and adapted in the Education Bureau’s Curriculum Modules for Innovation and Technology Education. By promoting STEAM (Science, Technology, Engineering, Arts and Mathematics) education in primary schools, it equips students with essential 21st-century skills and enhances their digital literacy.
Appendix:
CoolThink@JC Commendation Scheme 2024 – Teachers & Students Experience Sharing
Four students spoke on the topic of “Learning How to Learn”, discussing how computational thinking facilitates growth across various subjects and environments. Among them, Pui Kiu College F.1 students Clement Chan Yik-hong and Oa-Yang Yee-ching showcased the “I-smart school bag”. They shared the benefits of applying computational thinking outside the classroom and how it assisted secondary school learning. They are continuously refining their design of the “I-smart school bag” in the hope that more primary students will benefit. Damaso Clyde Jaiden, a P.6 student from Jordan Road Government Primary School and a non-Chinese-speaking student, explained how computational thinking has enabled him to develop new skills and significantly boosted his confidence and engagement in both school and the wider community. Siu Chor Laam, a P.6 student at Cho Yiu Catholic Primary School, shared her experiences as a CoolThinker, detailing how she helps her classmates learn computational thinking at school.
Three teachers and teaching assistants discussed the importance of computational thinking education for personal growth in teaching. Mr. Astom Wong from Fung Kai No.1 Primary School, a resource school, emphasised the importance of upskilling for teachers and explained how the computational thinking education programme enhances teachers’ skills. Janice So, a senior teaching lead from City University of Hong Kong, elaborated on her co-teaching role and summarised her experiences in promoting computational thinking education across various schools, highlighting the transformation of teachers and teaching assistants involved in the programme.
Mr. Oscar Chow, who transitioned from a teaching assistant to a CoolThink teacher at HKUGA Primary School, recounted his journey as a teacher without an IT background. He first engaged with CoolThink@JC while at university in 2017, and it inspired him to pursue a career as a STEM teacher to promote the development of computational thinking in schools. He discussed the growth and evolution of computational thinking education over the past eight years. Mr. Chow also anticipated a future in which artificial intelligence (AI) becomes increasingly mature. He explored how computational thinking can effectively prepare students and teachers for the AI era.
Full list of awardees is available on the website:
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – HONMA Golf Limited (“HONMA”; together with its subsidiaries, the “Group”; HKEX stock code: 6858), one of the most prestigious golf brands worldwide, announces its consolidated annual results for the year ended 31 March 2024 (the “Period”).
Financial Highlights
Due to negative impact from global economic uncertainty and retail sentiments, the Group’s revenue decreased by 11.1% to JPY26,222.9 million (equivalent to USD182.6 million).
Notwithstanding this, the Group’s gross profit margin expanded by 0.4 percentage points during the same period to 51.2%, thanks to its unique brand and price positioning as well as continued channel optimization.
Similarly, the Group’s EBITDA rose robustly by 22.0% as compared to the same period last year and reached JPY 7,285 million (equivalent USD 50.7 million). Net profit increased by 48.3% and net profit margin improved by 7.4 percentage points.
Net operating cash flow remained positive, standing at JPY5,416.1 million (equivalent USD 37.7 million) for the year ended 31 March 2024. The Group’s net operating cash flow grew by a CAGR of 18.7% over the past six years.
A final dividend of JPY1.5 per share was declared, which together with the interim dividend of JPY1.5 per share led to a total dividend for the year of JPY3.0 per share. Total dividend payout will amount to JPY1,816.9 million, representing 37.6% of the Group’s distributable profits for the period.
Major Achievements
For the year ended 31 March 2024, HONMA continued executing its growth strategy of “single brand, multi-categories and Asia-focused” while carefully protecting its financial strength and cash flow. Despite sales performance, HONMA delivered rock solid profitability improvements by continuously implementing operational efficiency improvement initiatives while re-strategizing its distribution footprints in Asia. As a result, HONMA continued to experience positive sales growth in its direct-to-consumer channels and hero product categories during the Period. Furthermore, the Group also recorded net profit growth, improved net profit margin and operating cash flow, demonstrating the Group’s exceptional management capabilities and business resilience in a volatile economic environment.
Improving Profitable Growth by Focusingon High-Margin Self-Operated Channels
Revenue from self-operated stores increased by 7.2% from JPY10,217.0 million for the year ended 31 March 2023 to JPY10,952.2 million for the year ended 31 March 2024; and gross profit margin sharply went up by 7.0pp to reach 56.8%. Such increase was mainly due to robust retail sales performance in Japan and mainland China, with year-on-year retail sales growth of 16.0% and 15.7% respectively.
HONMA operates the largest number of self-operated stores among major golf companies. Self-operated stores provide consumers with a 360-degree experience of the HONMA brand and its products. As at 31 March 2024, the Group had 95 HONMA-branded self-operated stores, representing a net increase of five stores during the Period, all of which were located in Asia. The Group aims to continuously upgrade the design, visual display and consumer experience of its self-operated stores to project one consistent brand image and consumer experience.
At the same time, HONMA strategically redeployed its wholesale channels by a better focus on the larger and more relevant retailers across all of its markets. As a result, revenue from third-party retailers and wholesalers decreased by 20.8% for the Period. As at the end of March 31, 2024, HONMA has substantially completed its channel optimization in Europe and the US, but the process in the home markets (Japan, Korea and China (including Hong Kong and Macau)) remains underway.
Visible Ecommerce Sales Growth with Revenue up 17.4% YOY across Public and Private Spheres
The creation of a robust and active digital ecosystem, from content to sales conversion, from public to private sphere has been a key part of HONMA’s growth initiatives. During the last financial year, revenue from e-commerce grew by 17.4%. The rapid expansion of digital communications generated improvements in organic traffic, conversion and other digital brand engagement matrixes such as bounce rate and time on site, among others.
In addition, to boost customer loyalty, the Group revamped its customer relationship management (“CRM”) systems in China to cover all of its sales and engagement touch points with elevated loyalty benefits. The Group’s CRM system upgrade led to a consistent rise in member recruitments, with the total number of members in China rising 43.7% YOY; while sales conversion rate and repurchase rate went up hand in hand.
Customer events have always been key to the continued enhancement of HONMA’s brand and product awareness as well as consumer engagement. During the Period, HONMA hosted 3,564 customer days across its home markets, most of which were held on golf courses with dedicated fitters. Although the total number of customer events slightly decreased, the average participation per event and sales conversion rate improved.
Uniquely Positioned Products Targeting Super-Premium and Premium-Performance Consumers
HONMA applied several of its revolutionary proprietary technologies to the design and development of its latest BERES and TOUR WORLD products, designed for affluent and avid golfers.
Following the launch of BERES 09 and BeZEAL 3 in early 2024, revenue from BERES golf clubs in Japan rose by 19.6%, while revenue from BeZEAL 3 rose by 6.0 times from the year ended 31 March 2023. This market reception reconfirmed HONMA’s strong brand equity, unique product positioning in the industry and its deep understanding of its consumers.
Accelerating Growth in Apparel to Create an Exquisite Range of Products
Revenue from apparels increased by 4.9% YOY to JPY3,157.5 million for the year ended 31 March 2024; gross profit margin of apparels increased by 16.8 percentage points YOY to 43.5%. Despite weak consumer sentiments in mainland China, apparels sales continued its growth trajectory and achieved 23.2% YOY growth, with gross profit margin reaching 62.0%.
Re-defining the HONMA Brand and Creating a 360-degree Brand Experience
HONMA initiated various programs to improve its global brand positioning and communication with target consumers. To re-define HONMA as a dynamic, relevant and premium golf lifestyle brand among Internet-savvy younger golfers, HONMA has constantly upgraded its global website and social media platforms. Through regular visual and content updates to all its digital platforms, HONMA continually promotes its brand and product recognition, and its strategic content refreshes are designed to appeal to the younger golfing demographic.
HONMA retained leading design and marketing agencies to renovate its retail space so as to provide the ultimate brand experience and customizable consumer journey in major markets. For the year ended 31 March 2024, HONMA opened 14 new stores in China, one in Japan and two elsewhere in Asia, consistently applying the new retail visual identity, design concept and consumer experience elements using advanced technology. HONMA also upgraded multiple shop-in-shops in the US, Japan and China using the same design concept so as to present the same consumer space and experience in all markets.
Business Outlook
Moving forward, HONMA is committed to executing its long-term growth strategy to build a world-leading golf lifestyle company leveraging on HONMA’s brand legacy, expanding distribution network, innovative technologies, and traditional Japanese craftsmanship. HONMA will sustainably improve and transform the HONMA brand value into customer loyalty, continuously increase the Group’s market share in home markets by maintaining its leading position in the super-premium segment while making solid inroads into the fast-growing premium-performance segment, anchor sustainable growth in North America and Europe based on the updated product and distribution strategy, nurture complementary non-club product lines to provide customers with a complete golf lifestyle experience and continue product innovation and development to cater for the latest market trends.
Mr. LIU Jianguo, Chairman of the Board, President and Executive Director of HONMA Golf Limited, said: “Our performance in FY2024 showcases our resilience and strategic foresight in a challenging market environment. By focusing on high-margin channels, product innovation, and digital transformation, we have not only strengthened our financial position but also enhanced our market presence. HONMA is committed to enhancing our market penetration among key demographics in home markets. Additionally, we remain focused on optimizing our distribution channels to ensure sustained improvements in our operations. Looking ahead, we are committed to leveraging our brand legacy and innovative capabilities to drive sustainable growth and deliver exceptional value to our stakeholders.”
Hashtag: #HONMA
The issuer is solely responsible for the content of this announcement.
About HONMA Golf Limited
HONMA is one of the most prestigious and iconic brands in the golf industry. Founded in 1959, HONMA combines the latest innovative technologies with traditional Japanese craftsmanship to provide golfers across the globe with premium, high-tech and high-performance golf clubs, balls, apparels and accessories.
As the only vertically integrated golf company with rich in-house design, development and manufacturing capabilities, extensive retail footprint in Asia and a diverse range of golf clubs and golf-related products, HONMA is perfectly positioned to continually grow its business in Asia and beyond, benefitting from the return of golfers in mature golf markets such as the US and Japan and from increased participation in new and under-penetrated markets such as Korea and China.
In the past couple of years, HONMA has actively re-branded itself in order to re-define the HONMA brand as a dynamic, relevant and premium golf lifestyle brand among younger golfers. The Group renewed its tour presence in Asia by retaining a HONMA team consisting of one veteran and five female players who are considered rising stars by the golf industry and collaborated with coaches and key opinion leaders in the main Asian markets. The Group also made significant investments into its retail distribution network and digital capabilities in Japan and China to provide a unified and improved consumer experience and journey to its loyal consumers as well as the younger golfers.
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – The escalating global climate crisis and frequent extreme weather events demand urgent action. Hong Kong must play a significant role in addressing climate change, as highlighted by last year’s heavy rainstorm. The World Green Organisation’s (WGO) “ESG Xchange 2024: ESG for Climate Actions International Summit” will focus on ESG standards, carbon neutrality, and sustainability. The event will gather international leaders, regulators, industry experts, listed companies, academic institutions, and SMEs to explore ESG best practices, sustainable supply chain management, carbon trading, and corporate carbon neutrality strategies.
Held on June 27 and 28 at the Hong Kong Convention and Exhibition Centre (HKCEC), the summit was a major success, supported by international and local experts, academics, and corporate giants. The event featured Mr CHEUK Wing-hing, GBS, JP, Deputy Chief Secretary for Administration, Mr. CHAN Ho Lim, Joseph, JP, Under Secy for Financial Services & the Treasury, and esteemed speakers including Ms. Fabienne Michaux, Director of SDG Impact, UNDP; Prof. Simon Shun-Man HO, President, The Hang Seng University of Hong Kong; and Dr. Bing Leng, International Sustainability Standards Board (ISSB) at the opening ceremony, alongside Dr. William Yu, Founder and CEO of WGO. These esteemed speakers shared their expertise and insights on the critical challenges and opportunities ahead in the global pursuit of sustainability and climate action.
Mr. CHAN Ho Lim, Joseph, JP, Under Secy for Financial Services & the Treasury mentioned, “By leveraging our financial expertise and commitment to sustainability, Hong Kong continues to spearhead initiatives that drive meaningful progress in the global fight against climate change. The HKSAR Government will continue to work with all our partners and stakeholders, including all of you here today, to promote the green transformation of the economy and combat climate change, while strengthening Hong Kong’s status as an international green and sustainable financial centre.”
Summit Highlights
The summit included Main Stage presentations, panel discussions, a Carbon Neutral Tech Exhibition, and an ESG-Tech Start-ups Demo Day. Participants received updates on global standards and discussed financial strategies for SMEs. The event also hosted a Sustainable Supply Chain Forum and provided Coffee Networking opportunities organized by DBS Bank.
Discover and Key Elements
Participants explored innovations in Carbon Neutral Tech, Proptech, and Greentech Startups, highlighting the impact of new technologies on sustainability and climate action. The summit emphasized Sustainable Finance, Carbon Neutral Technology, Green Supply Chain, Marine and Biodiversity Carbon Credits, Occupational Health and Safety Policy, and ESG Standards, focusing on comprehensive strategies to address climate change and promote sustainable development.
ESG-Tech Start-up Demo and Pitching Day
One of the summit’s highlights was the ESG-Tech Start-up Demo and Pitching Day, which featured over 50 international and local tech ventures. These start-ups showcased their cutting-edge technologies and innovative solutions, many of which were freshly launched at the event. Attendees and judges had the unique opportunity to witness these groundbreaking developments firsthand, emphasizing the role of technology in driving sustainability and green lifestyles.
Innovating for Climate Action: Global Experts Unite
The summit’s conferences and workshops examined IoT eldercare technology, pyrolysis technology, green kitchen, smart washroom, robotics technology, and carbon tokenisation. Insights were delivered by UN members, regulators, global standards leaders, exchanges, financial institutions, alliances, and tech-savvy influencers, uniting stakeholders to address climate change.
Dr. William Yu, Founder and CEO of WGO, stressed the significance of the ESG future and green technologies: “As we gather here today, we find ourselves amid an unprecedented global climate crisis. The severe and far-reaching consequences of climate change are no longer just a distant threat, but a harsh reality that we must confront head-on. From 2010 to 2020, the world experienced 7,348 climate-related disasters, a 35% increase compared to the previous decade. These disasters have claimed 700,000 lives, impacted the lives of 4 billion people, and resulted in over USD 1 trillion in economic losses. Urgent climate action is a moral imperative to save ourselves and others.”
The summit featured booths showcasing diverse themes such as Green Finance, Carbon Neutral Technology, Proptech (overseas and local technologies demo), Asia-Pacific ASEAN Green Deal, Green Catering, and Biodiversity. Highlights included Finesse (Catomind), a company focusing on the elderly market, ESG, and technology; Colab, headquartered in Dubai, which emphasizes environmental protection through eco-friendly materials for brick production; Masterkote Aquashield Ltd, a distributor of energy-efficient cooling solutions; WHOSiFY, dedicated to promoting green practices through carbon-neutral electronic business cards. Sponsors include Crystal International Group Limited, DBS Bank, InvestHK, BOC Life, Asia-Pacific ASEAN Green Deal Centre of The Hang Seng University of Hong Kong, King’s Flair, New Spark International Green Energy Technology Limited, Masterkote, Cookcell, Finesse, CatoMind, ATAL, A4CR, Invesco, Huaneng Invesco, Healthy Giant, Jibpool International Ltd, Million Tech, Tobot, Vegware Hong Kong Limited, YARA, Kerry Properties Limited, SYNNEX, Hewlett Packard Enterprise, Towngas, Summer Herb, Pioneer Global Group Limited, Gaw Capital, Associated Engineers, Ltd., Riskory Consultancy Limited, TÜV Rheinland Hong Kong Limited, WHOSiFY, Cantabrigian Consulting Limited, Hong Kong Housing Society, and DenWare Co. Limited.
Hashtag: #WorldGreenOrganisation
The issuer is solely responsible for the content of this announcement.
About World Green Organisation:
The World Green Organisation (WGO) is an independent non-governmental organisation focused on environmental conservation and environmentally related livelihood and economic affairs. Our mission is to improve the economy, the environment, and people’s living through science-based public policies and comprehensive community projects, helping all sectors, especially the grassroots, to meet challenges and implement the vision of sustainable development.
For more information about our organisation, please visit: World Green Organisation
For details on the ESG for Climate Actions International Summit, please visit: ESG Xchange 2024
MACAU SAR – Media OutReach Newswire – 28 June 2024 – As a significant extension of Galaxy Macau™ Integrated Resort (“Galaxy Macau”) in art and culture, GalaxyArt continues to explore and introduce both local and international arts’ representative works, presenting high-quality art exhibitions to tap into their interplay role as “Tourism plus Culture”. Organized by Galaxy Entertainment Group (GEG), the new exhibition, “Eggspression – An Immersive Art Experience” officially launched today. GalaxyArt and Galaxy Promenade, have been transformed into a whimsical world of eggs, featuring large-scale interactive art installations by renowned Dutch public installation artist Henk Hofstra and “The Egg House” team from New York. These installations explore the hidden marvels of life, the power of art, the magic of love and the wonders of sustainability in this whimsical, thought-provoking journey.
(From left to right) Ms. Vivian Cai, Creative Director of The Egg House from New York; Ms. Hazel Wong, Executive Vice President of Retail at GEG; Mr. Cheang Kai Meng, Vice President of the Cultural Affairs Bureau of the Macau SAR Government; Mr. Cheng Wai Tong, Acting Director of the Macao Government Tourism Office; Mr. Kevin Kelley, Chief Operating Officer—Macau of GEG;Mr. Henk Hofstra, the artist from The Netherlands and Ms. Vita Wong-Kwok, Curator of the exhibition celebrated the opening of the “Eggspression – An Immersive Art Experience” exhibition hosted by GEG.
This exhibition is supported by the Macao Government Tourism Office and Cultural Affairs Bureau of the Macau SAR Government. The opening ceremony was graced by Mr. Cheng Wai Tong, Acting Director of the Macao Government Tourism Office, and Mr. Cheang Kai Meng, Vice President of the Cultural Affairs Bureau of the Macau SAR Government. Also in attendance were Ms. Vita Wong-Kwok, Curator of the exhibition; Mr. Henk Hofstra, the artist of the “Eggs Fall from the Sky”; Ms. Vivian Cai, Creative Director of The Egg House; Mr. Kevin Kelley, Chief Operating Officer — Macau of GEG; and Ms. Hazel Wong, Executive Vice President of Retail at GEG.
In his speech, Mr. Kevin Kelley remarked, since its inception in July 2021, GalaxyArt has been actively collaborating with the Macau SAR Government and relevant associations to organize various cultural and artistic events. These efforts are part of GEG’s unwavering commitment to supporting the diversified development of arts and culture, sports, and tourism in Macau. He said, “Eggspression exhibition is another demonstration to our vision and intention. Eggs are a common food across diverse cultures and serve as an emotional bond connecting us with the world. This exhibition magnifies everyday objects, reminding us that art is present in our daily lives.”
Henk Hofstra, the renowned Dutch artist, presents his masterpiece “Eggs Fall from the Sky”. This art installation is exhibited large-scale indoor for the first time, with the aim of raising awareness about global warming.
Bringing the large-scale egg art installations to Macau for the first time, Mr. Henk and Ms. Vivian both expressed their heartfelt gratitude to the organizer, Galaxy Entertainment Group for inviting them to participate Eggspression Exhibition. Mr. Henk talked about his creative concept of the works in this exhibition, “All my projects have something to do with how we see things, what is happening, where we come from, what we do and what we do with our planet.” The fried egg is one of his egg projects meanings, which he has great hopes of appealing to everyone to concentrate on the current situation of global warming. The Egg House has traveled to many vibrant cities, including New York, Los Angeles, and Shanghai. Ms. Vivian said, “Today, we are thrilled to bring it to Macau, a city known for its rich cultural heritage and dynamic blend of traditions. Macau’s unique energy and its appreciation for creativity make it the perfect setting for our exhibition.”
In the midst of the immersive art exhibition craze, GalaxyArt encourages curator and artists to present diverse creative forms, inspiring the audience to open their “infinite minds”. “Eggspression – An Immersive Art Experience” revolves around eggs symbolizing life, new beginnings, wellness, love, wisdom, and infinite energy, sparkling contemplation on art, life and the world as well as their intimate connection. During the exhibition, eight selected restaurants at Galaxy Macau will offer limited-edition dishes themed around “Eggspression”, providing a nourishing experience for both body and mind. Additionally, GalaxyArt will host lucky draw and themed workshops, creating a delightful artistic journey for visitors at Galaxy Promenade.
The “Loving Birds”, specially created by Hofstra for “Eggspression” exhibition, emphasizes the importance of life, love, wellness, and positive energy.
“Eggs Fall from the Sky” First Debuts in Macau
The first part of the exhibition features “Eggs Fall from the Sky”, a masterpiece by Henk Hofstra, marking its first appearance in Macau and its first large-scale indoor display globally. The enormous “sunny egg” installation is not only visually striking but also aims to raise awareness about global warming. Resembling the sun, these installations offer visitors the warmth of sunlight at Galaxy Promenade and GalaxyArt in the season of summer. Hofstra has also created a unique egg-shaped installation called “Loving Birds” for this exhibition, adorned with heart-shaped eggs, flower petals, clouds, and trees, emphasizing the importance of life, love, wholesomeness, and positive energy.
Henk Hofstra is renowned worldwide for his passion for transforming everyday objects into captivating large-scale public art installations. His exhibitions span from Rotterdam to Saint Petersburg, New York to São Paulo, Bilbao to Lisbon, and Beijing to Wuhan. Hofstra’s creations cover different themes, including animals, plants, and landscapes. He often presents his work in novel and striking ways, encouraging people to explore the world from fresh perspectives and think about important issues.
Artists have transformed their imagination of an egg named Ellis into this “Egg House”.
New York Artists Recreate the Marvelous Dream of Eggs
The second part of the exhibition showcases “The Egg House”, a multi-sensory experience created by Biubiu Xu, the founder of Sense Creation Inc., along with a group of young artists and designers from New York. Vivian Cai serves as the key creative director, bringing “The Egg House” to Macau. This thematic installation exhibition has captivated audiences of all ages and attracted over 200,000 visitors when it first debuted in New York in 2018, successfully paving the way for a global tour.
“The Egg House” features Ellis, an egg whose name evokes the whimsical story of “Alice’s Adventures in Wonderland”. The artists ingeniously blend egg elements into the foyer, living room, bedroom, kitchen, and even bathroom, making every corner filled with surprises and transforming the ordinary egg into something extraordinary. In this vibrant “home”, visitors can interact with the exhibits and immerse themselves in a joyful atmosphere shared with friends and family, making it an unmissable photo spot.
Talented chefs from Galaxy Macau have created limited-edition dishes inspired by eggs specially for the “Eggspression” exhibition.
Not to Be Missed: Art-Inspired Flavors by Master Chefs
When eggs return to the kitchen, under the conceptual and culinary skills of master chefs, they continue to transform, nourishing delicacies in diverse ways. During the exhibition, talented chefs from Galaxy Macau will create limited-edition dishes inspired by eggs and incorporating holistic health concepts, unlocking the extraordinary “flavor” hidden in this seemingly ordinary ingredient.
Chef André Lai, Executive Chef of Andaz Kitchen at Andaz Macau, uses eco-friendly ingredients to create three dishes showcasing the flavors and forms of eggs.
Chef Yorick from Raffles Lounge & Terrace focuses on sustainable ingredients—namely free-range eggs and organic chicken—combined with colorful vegetables, paying homage to Hofstra’s masterpiece “Eggs Fall from the Sky”.
Chef Ricky Wu from Blossom Palaces celebrates the versatility of eggs and their place in Chinese culinary history with his rendition of Stir-fried Egg Whites, a dish complementing the marvelous texture of crab roe, pumpkin, and sea urchin.
Chef Raymond Chan from Pak Loh Chiu Chow Restaurant champions the flavors and ingredients of his hometown Chiu Chow with an elegant take on Marinated Soft-boiled Egg and Cold Threadfin Fish.
Chef Kin Ng from Putien reimagines the ubiquitous egg with his Steamed Egg Whites with “yolk” and Alaskan King Crabmeat, an ingenious interplay of flavors and textures.
CHA BEI presents a series of four colorful and whimsical mini-gateaux co-created by award-winning pastry master Lok Him Yam, and Chef Jacky Lung, Greater China Champion of World Chocolate Masters, along with a refreshing drink and an array of healthy dishes featuring the use of organic eggs.
The chef from Café de Paris Monte-Carlo pays homage to Henk’s “Loving Birds” with a refreshing salad, recreating the lush background with organic garden greens, and the two birds with Japanese organic eggs.
Passion. by Gérard Dubois features a new mille-feuille made with a buttery flaky crust, curry vegetables, smoked bacon, Parmesan cheese, and topped with a tantalizing onsen egg.
During the exhibition, guests who has the admission ticket will be eligible for a 20% discount on selected “Eggspression” dishes and drinks at the designated restaurants.
Eggspression – An Immersive Art Experience
Exhibition Period: 10am-10pm, June 28 to October 7, 2024 (Free Admission)
Exhibition Venues: Galaxy Promenade and GalaxyArt at Galaxy Macau
Gastronomy Partners: Andaz Kitchen, Raffles Lounge & Terrace, Blossom Palaces, Pak Loh Chiu Chow Restaurant, Putien, CHA BEI, Café de Paris Monte-Carlo, Passion. by Gérard Dubois
Galaxy Macau: Macau’s Summer Playground
This summer, by introducing a playful vibe and a sense of wonder, Galaxy Macau is set to transform any ordinary summer’s day into a fun-filled adventure!
Playtime begins in the Diamond Lobby where on one side is the “Splash & Snap”, an ingenious combination of lighting, water and special effects, offering you a taste of the thrill that awaits you at the Grand Resort Deck—without getting wet! On the other side is the “Play & Win” giant capsule toy machine that gives away air tickets, hotel stays, luxury brand products, Grand Resort Deck annual passes for two, and more prizes totaling worth $8 million! Simply become a Galaxy Ultimate member by September 1st and accumulate a daily spending of MOP 300 or more within Galaxy Macau, or present your hotel room key or tickets to Galaxy Arena or Broadway Theatre within 7 days, to join in the lucky draw.
In addition, a variety of seasonal delicacies from multiple countries will fill the entire summer celebrations with enticing aromas. This summer will also see the opening of prestigious dining establishments such as three-Michelin-starred sushi master Masaaki Miyakawa’s first sushi restaurant outside of Japan, “Sushi Kissho by Miyakawa”, and “Teppanyaki Shou”, overseen by a seasoned master chef from Japan. These restaurants offer the ultimate Japanese culinary experience. From July 18 to 31, the 10th Malaysian Culture and Food Festival will make a grand return. Guests can explore the charm of Southeast Asia at the pop-up Market in East Square and discover Malaysian national treasures at the buffet dinner in the Oasis. Popular restaurants, including Hong Kong’s celebrity favorite “Waso Café” will also make a grand appearance during the summer holidays.
What better place to spend the summer holidays than the Macau’s Summer Playground of Galaxy Macau.
Hashtag: #GalaxyMacau
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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, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; 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 Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours 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.