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Pianoland announces its second outlet at Westgate, Singapore

Bringing Quality Music to the Heartlands with Grand Opening at Westgate, Singapore


SINGAPORE – Media OutReach Newswire – 30 April 2024 – Pianoland, a destination for piano players, is thrilled to announce the grand opening of its second outlet in Singapore, located at Westgate. Owned and operated by the esteemed C. Melchers Group Pianoland is poised to revolutionize the music retail landscape by making affordable & quality pianos more accessible to the vibrant heartlands of Singapore.

Pianoland Storefront

Pianoland Storefront

The decision to launch their outlet in Westgate stems from their understanding of the importance of music in Singapore’s ever-growing society, the role it plays in building a sense of community and the importance of nurturing homegrown talents. With Jurong emerging as a key focus area highlighted by the government, for its cultural and economic potential, Pianoland has recognized the opportunity for them to contribute towards the local economy and music scene in the West.

At Pianoland’s new outlet in Westgate, guests are welcomed into an inviting space, meticulously designed to provide an immersive and welcoming experience. Guests can effortlessly envision the perfect piano within their homes by providing photos and a floor plan to the staff, who can then assist to flash the images on LED screens which are strategically placed to showcase the piano placement. This tailored experience is particularly beneficial for guests living in homes of all sizes be it private estates, HDBs and condominiums as it allows one to easily explore various options and find the perfect match for their style and space, transforming this piano-buying experience into a more personalized journey. Pianoland also has life-sized piano templates that can be brought home by guests, allowing them to further refine their plans at home.

Pianoland's Exclusive Pre-Opening Double Happiness Promotion

Pianoland’s Exclusive Pre-Opening Double Happiness Promotion

With a strong belief that every individual be it a beginner or a professional, deserves access to exceptional musical experiences, Pianoland offers carefully curated selections of acoustic and digital pianos, reflecting their dedication to quality craftsmanship, innovation, and affordability. From the timeless elegance of the Steinway-family of Boston & Essex range of grands and uprights to the state-of-the-art Dexibell digital pianos hand-crafted in Italy, each instrument embodies the pinnacle of musical excellence.

To mark their soft opening of Pianoland at Westgate from 26th April to 17th May, Pianoland invites all music enthusiasts and afficionados to enjoy their “Double Happiness Promotion” which features an exclusive 5% discount on selected pianos. To add on, purchasers are able to earn Kris+ miles with every purchase. Unlike most promotions, this pre-opening special offers uncapped miles, providing limitless opportunities to earn rewards while indulging in your passion for music

“Our vision at Pianoland is to create a musical sanctuary where everyone feels at home, where music resonates with the soul. It’s more than just selling pianos; it’s about nurturing dreams and fostering a vibrant musical community in this heartland. Whether you’re a seasoned musician or just starting out, we’re here to support you on your journey,” says Celine Goh, General Manager for Pianoland. “We see Pianoland as a hub for creativity, where both local artists and newcomers can thrive and inspire. Because we believe in the transformative power of music, it’s our mission to share that magic with everyone we encounter.”

For more information on Pianoland’s Double Happiness Promotion, please visit their website here.

Pianoland adopts a franchise business model; To inquire more on how to become a franchisee, please contact info@pianoland.sg
Hashtag: #Pianoland #PianolandSingapore #Piano #Music #Westgate #capitaland #West



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

AIA Singapore unveils wealth strategy and ambitious plans to be the top insurer in the wealth segment

The increase in regional and domestic wealth primes AIA Singapore’s wealth strategy with the launch of AIA Wealth Centre to provide bespoke experiences for customers in Singapore.


SINGAPORE – Media OutReach Newswire – 30 April 2024 – AIA Singapore launched AIA Wealth Centre, dedicated to serving regional and domestic affluent and high-net-worth (HNW) individuals and families. This marks an exciting milestone in the illustrious history and legacy of AIA Singapore, furthering the unique AIA “Wealthbeing” proposition to provide holistic wealth solutions that seamlessly blend wealth creation and well-being to empower clients to live Healthier, Longer, Better Lives. The official launch saw Ms. Gillian Tan, Assistant Managing Director of the Development and International Group and Chief Sustainability Officer of Monetary Authority of Singapore, gracing the occasion as the Guest-of-Honour.

From left to right: Ms. Peggy Quek, CEO, AIA International Wealth, AIA Singapore; Mr. Jacky Chan, Regional Chief Executive and Group Chief Distribution Officer, AIA Group; Mr. Tan Hak Leh, Regional Chief Executive, AIA Group and Chairman of AIA Singapore; Guest-of-Honour Ms. Gillian Tan, Assistant Managing Director (Development and International) and Chief Sustainability Officer of the Monetary Authority of Singapore; Ms. Wong Sze Keed, CEO, AIA Singapore; and Mr. Stuart A. Spencer, Group Chief Marketing Officer, AIA Group, officially launches the AIA Wealth Centre and AIA International Wealth
From left to right: Ms. Peggy Quek, CEO, AIA International Wealth, AIA Singapore; Mr. Jacky Chan, Regional Chief Executive and Group Chief Distribution Officer, AIA Group; Mr. Tan Hak Leh, Regional Chief Executive, AIA Group and Chairman of AIA Singapore; Guest-of-Honour Ms. Gillian Tan, Assistant Managing Director (Development and International) and Chief Sustainability Officer of the Monetary Authority of Singapore; Ms. Wong Sze Keed, CEO, AIA Singapore; and Mr. Stuart A. Spencer, Group Chief Marketing Officer, AIA Group, officially launches the AIA Wealth Centre and AIA International Wealth

AIA Singapore’s wealth strategy is a strategic response to the projected surge in Asia’s affluent population, which is expected to grow 61 percent to reach 28.2 million individuals by 2026, compared to 17.5 million in 2021[1]. Singapore is also expected to see its share of this growth, with the number of HNW individuals increasing by 12 percent to 592,000.

Alongside the rising affluent population, Asia is experiencing significant growth in family offices. Between 2020 and 2022, the number of family offices in Singapore alone almost trebled from 400 to 1100[2]. This trend mirrors the growing need of wealthy individuals and families seeking a more holistic approach towards wealth management and an increased focus on legacy and well-being.

AIA Wealth Centre, located at Six Battery Road, is a one-stop wealth centre dedicated to offering holistic wealth management services for affluent and HNW customers that is accessible only by invitation. Beyond traditional wealth preservation and accumulation consultation, customers have access to a specialised panel of experts on areas such as legal, tax and trusts. This multi-disciplinary approach ensures that clients achieve their personal financial goals and well-being aspirations within a holistic framework. It is a strategic investment by AIA Singapore to demonstrate the insurer’s commitment in providing tailored solutions and unparalleled experiences to clients, within an exclusive space. This commitment to exclusivity reflects AIA Singapore’s deep understanding of the needs and aspirations of its affluent and HNW clients.

The company’s initiative is also underpinned by its strong commitment to Singapore’s vision of becoming a premier global financial centre. This strategic focus aims to attract wealth across the region and contribute to Singapore’s economic prosperity, while bolstering Singapore’s position as a trusted, vibrant, and well-regulated financial centre for discerning investors.

Wong Sze Keed, Chief Executive Officer, AIA Singapore, said, “The launch of AIA Wealth Centre and AIA International Wealth, demonstrates our commitment to our wealth strategy as we reaffirm our strategic focus to be the pre-eminent insurer to address the needs of the growing affluent and HNW client segment in Singapore as well as across the region. What differentiates us is, we are backed by more than 100 years of legacy and leadership focusing across 18 pan-Asian markets, where we have the benefit of collective knowledge and expertise of the AIA Group. Our deep understanding of the Asian wealth market is enhanced by AIA Investments’ strong capabilities and opportunities to invest globally through the world’s finest fund managers.

As Asia’s wealth landscape flourishes, we are fortuitously located in Singapore with its remarkably advanced infrastructure and regulatory framework, and at the forefront of providing affluent and HNW individuals and families with bespoke solutions to ensure wealth generation and inter-generational wealth transfer.”

AIA International Wealth, a wholly-owned subsidiary of AIA Singapore leverages on the strengths of Singapore as a trusted financial hub, focused on helping the affluent and HNW customers to grow and manage their wealth. This is delivered through a specially curated suite of insurance solutions, tapping onto AIA’s longstanding heritage in wealth management and insurance expertise to better cater to customers’ specific financial needs.

Elevated experience at AIA Wealth Centre

Established in 1931, AIA Singapore has been part of the Singapore transformation story, evolving to a first world nation and thriving across generations. AIA Wealth Centre symbolises AIA’s commitment in helping our affluent and HNW customers create legacy that transcends across generations through its “Wealthbeing” philosophy. The centre’s experience embodies AIA’s “Wealthbeing” theme and pays tribute to the strength and resilience of Singapore, as it grew to be a premier wealth and health hub today.

Commemorating the grand opening and as part of AIA Singapore’s environmental, social and governance (ESG) commitment to create a more sustainable society for our customers and community, the company commissioned local artist, Natalia Tan, where sustainability is at the core of her practice to create an art installation, made with various types of recycled and sustainable materials. To showcase that success is a collaborative process, invited guests at the launch event contributed to the creation of the tapestry artwork through an engaging and interactive experience guided by Natalia. The co-created art installation, completed during the launch, will also be permanently featured as part of AIA Wealth Centre’s art collection, amongst many others from esteemed Singaporean artists such as Lim Tze Peng, Low Puay Hua and Vincent Chua. These art pieces embody the “Wealthbeing” theme, effectively showcasing AIA Singapore’s commitment to support the holistic well-being and wealth goals of their clients.

For more information on AIA Wealthbeing and AIA Wealth Centre, please visit: aia.com.sg/wealthbeing.

Hashtag: #AIAIW #AIA #AIASG #WealthManagement #Wealthbeing #HealthierLongerBetterLives


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

AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR[1], Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR[2], and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$286 billion as of 31 December 2023.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 42 million individual policies and over 18 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.


[1] Hong Kong SAR refers to Hong Kong Special Administrative Region
[2] Macau SAR refers to Macau Special Administrative Region

AIA Wealth Centre

The newly opened AIA Wealth Centre is accessible only by invitation, will offer tailored solutions and unparalleled experiences to regional and domestic affluent and HNW clients.

Overseeing Singapore’s iconic landmarks including the Singapore River, National Gallery Singapore and Esplanade – Theatres on the Bay reflecting the dynamic spirit of Singapore, AIA Wealth Centre is a one-stop centre dedicated to providing holistic wealth management services. Beyond insurance consultation, experts from various disciplines join hands to provide clients with professional advisory on trust, legacy, tax and legal matters.

It is designed as an exclusive, refined space which facilitates private and collaborative discussions between our clients and their financial consultants or wealth management consultants as well as a versatile multifunctional area for exclusive lifestyle events. Meeting rooms are uniquely named after our “Wealthbeing” philosophy such as Heritage, Harmony, Altitude, Legacy and others. AIA Wealth Centre incorporates calming design elements and a sophisticated palette of colours to create a relaxing atmosphere, bolstered with curated artworks that speak to AIA’s “Wealthbeing” philosophy.

Stepping into AIA Wealth Centre, guests are greeted by the subtle fragrance of a tea ambient scent. As you take a deeper breath, the lingering hints of citrus notes, mint and thyme leaves unfold, evoking a sense of calmness, warmth, and harmony.

Within the meticulously curated environment, one’s attention is drawn to an art corridor celebrating works by local artists such as Koeh Sia Yong, Low Puay Hua, Choo Ai Loon, Simon Wee, and more. More artworks including specially commissioned calligraphy by renowned Singaporean calligrapher, Nai Swee Leng, a master of Chinese ink paintings and calligraphy and Lim Tze Peng, who captured the essence of prosperity and well-being in his calligraphy piece that symbolically aligned the harmony of the landscape with the prosperity and health of individuals and communities are featured in the meeting rooms, each a sanctuary of collaboration, exuding modern elegance while promoting a sense of purpose and focus. All artworks in the AIA Wealth Centre signifies “Wealthbeing” through its representation of prosperity, legacy and longevity.

Commemorating the grand opening and as part of AIA Singapore’s ESG commitment to create a more sustainable society for our customers and community, the company commissioned local artist, Natalia Tan, where sustainability is at the core of her practice to create an art installation, made with various types of recycled and sustainable materials. To showcase that success is a collaborative process, invited guests at the launch event contributed to the creation of the tapestry artwork through an engaging and interactive experience guided by Natalia. The co-created art installation, completed during the launch, will also be permanently featured as part of AIA Wealth Centre’s art collection. It embodies the “Wealthbeing” theme, effectively showcasing AIA Singapore’s commitment to support the holistic well-being and wealth goals of their clients.

Adding a touch of exceptionality, bespoke cookies handcrafted with the finest ingredients by Singaporean artist and dessert chef Janice Wong exclusively for the AIA Wealth Centre, will be served. Guests will also be invited to enjoy uniquely concocted “Prosperity” and “Wellness” kombucha drinks, brewed with a blend of fruits and floral, by Kiki’s Reserve.

Money20/20’s TwentyFold Fintech Intelligence Platform Makes Asian Debut at Money20/20 Asia


BANGKOK, THAILAND – Media OutReach Newswire – 30 April 2024 – TwentyFold, the fintech intelligence platform from Money20/20 is expanding its global reach with a launch at Money20/20 Asia in Bangkok. Following a successful Early Access launch exclusively for Money20/20 USA customers, TwentyFold is now available to the Asian fintech and investment community. This platform offers comprehensive data and insights to drive smarter dealmaking and partnerships.

Money20/20's TwentyFold Fintech Intelligence Platform Makes Asian Debut at Money20/20 Asia

TwentyFold is a Data-as-a-Service (DaaS) platform designed to help fintech professionals make informed investment and partnership decisions. It offers the widest and deepest source of fintech startup information globally, currently boasting over 65,000 fintechs, enabling users to:

  • Discover promising startups through our laser-sharp Fintech Taxonomy. Refine searches by business model, funding stage, current investors, and other key criteria.
  • Identify partnership opportunities: Explore partnership data to find the perfect match for strategic alliances.
  • Streamline due diligence: Access detailed company profiles, including founders, funding history, technology stack, and more.

“The Asian fintech landscape is vast and rapidly evolving. TwentyFold empowers investors and fintechs to navigate this market effectively, unlocking impactful opportunities,” said Jurgen van Leeuwen, TwentyFold’s Vice President of digital intelligence.

Powered by Money20/20’s proprietary fintech taxonomy and augmented by AI, TwentyFold ensures exceptional data provenance & accuracy, depth, and ease of use. Its intuitive search functionality and AI conversation feature ‘Fin’ deliver a seamless user experience.

Twentyfold currently includes over 65,000 fintechs and over 22,000 fintech investors globally, and thousands of fintechs and investors are added weekly. Almost 15,000 Asian fintech startups and close to 5,500 investors based in Asia are listed in Twentyfold, meeting the needs of the expansive startup investment market in Asia.

“Investors seeking to capitalise on Asia’s fintech growth need sophisticated tools to gain a strategic advantage. TwentyFold delivers refined data analysis and market intelligence to support robust decision-making,” said William Mellis, Chief Strategy Officer at Ascential Futures, Money20/20’s parent company.
Hashtag: #Money2020

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

About Twentyfold

TwentyFold is a fintech intelligence subscription platform that empowers investors and fintech companies to make informed decisions and build strategic partnerships. With its unparalleled data, intuitive search functionality, and AI-powered insights, TwentyFold is rapidly becoming an indispensable tool in the fintech industry. For more information, please visit .

About Money 20/20

Launched by industry insiders in 2012, Money20/20 has rapidly become the heartbeat of the global fintech ecosystem. Over the last decade, the most innovative, fast-moving ideas and companies have driven their growth on our platform. Mastercard, Airwallex, J.P. Morgan, SHIELD, GCash, Stripe, Google, Marqeta, VISA, Adyen, Checkout.com and more make transformational deals and raise their global profile with us. Money20/20 attracts leaders from the world’s greatest VC firms, banks, regulators and media platforms: convening to cut industry-shaping deals, build world-changing partnerships and unlock future-defining opportunities. in Bangkok (23-25 April 2024), Amsterdam (4-6 June 2024) and Las Vegas (27-30 October 2024). Money20/20 also recently launched , a Digital Intelligence product containing the deepest and widest repository of fintech startup data in the world. Money20/20 is where the world’s fintech leaders convene to grow their businesses. Money20/20 is part of Ascential plc. Follow Money20/20 on and for show developments and updates. We’re Where Money Does Business.

Follow Money20/20 on for show developments and updates.

You can also find us on at Money20/20.

Enjoy Wealth Appreciation and Inheritance with Hong Kong Life’s Wealth Up (Premier) Savings Insurance Plan

Up to 4.46% p.a. Projected Total Return Rate upon Policy Maturity


HONG KONG SAR – Media OutReach Newswire – 30 April 2024 – Along with the continuous economic growth, customers would like to allocate their assets more effectively with various wealth management tools, to achieve wealth appreciation and prepare a better protection to themselves and their families. Hong Kong Life launches Wealth Up (Premier) Savings Insurance Plan as a much steady wealth management option for customers which allows them to achieve their medium-to-long term financial goals and pass their wealth to their beloved ones.

Wealth Up (Premier) Savings Insurance Plan provides 20 years of savings and life protection with only 2-year premium payment. The Plan also offers Premium Prepayment Arrangement, Change of Life Insured, Contingent Life Insured and Contingent Policyowner Arrangement for Policy Continuum and flexible death settlement options as well as simple application procedure with no medical examination required.

From now until 29 June 2024, customers may enjoy up to 13% first year premium discount and up to 5% Premium Prepayment Discount upon successful application of Wealth Up (Premier) Savings Insurance Plan. The Projected Total Return Rate can reach up to 4.46% p.a.1 upon Policy Maturity. Customers may also be entitled to a complimentary health service.

Mr. Jonathan Ko, Chief Marketing Officer of Hong Kong Life, said, “Hong Kong Life understands most customers emphasize on having secure wealth appreciation and inheritance in their life plans, especially for high-net-worth individuals. They expect making good use of relatively steady wealth management tools can offer them higher potential returns, and even can serve as a plan for future inheritance to pass on their fruitful capitals to next generation. We specially provide premium discount on Wealth Up (Premier) Savings Insurance Plan, bringing up to 4.46% p.a.1 Projected Total Return Rate upon Policy Maturity, to allow customers to achieve wealth appreciation goals of medium-to-long term and wealth inheritance flexibly with a life insurance plan.”

Learn more about Wealth Up (Premier) Savings Insurance Plan – Client Promotion Incentive:
https://www.hklife.com.hk/en/promotions/index-id-34.html

Learn more about Wealth Up (Premier) Savings Insurance Plan:
https://www.hklife.com.hk/en/products/personal-insurance/savings-plan/wealth-up-(premier)-savings-insurance-plan/index.html

Terms and Conditions apply. For enquiries, please visit the branches of our Appointed Licensed Insurance Agency, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited, or contact our Customer Service Hotline at (852) 2290 2882.

Features of Wealth Up (Premier) Savings Insurance Plan:

  • Short Premium Payment Term2 with 20-Year Life Protection

The Premium Payment Term2 of the Plan is 2 years2 only with 20 years life protection for the Life Insured.

  • Premium Prepayment Arrangement3 to Build Your Wealth with Ease

You can prepay the premium for the second year at the time of application and enjoy the premium prepayment discount on the second year premium3, so that you can build your wealth with ease.

  • Additional Return to Build Your Wealth

The Plan not only provides Guaranteed Cash Value, Terminal Dividend (non-guaranteed)4 may also be payable at or after the end of 5th Policy Year when the Policy is fully surrendered by the Policyowner, upon the death of the Life Insured (provided that there is no named and surviving Contingent Life Insured who will become the new Life Insured)or upon Policy Maturity, whichever is earlier.

When the Policy is partially surrendered by the Policyowner, Terminal Dividend (non-guaranteed)4 may be payable at or after the end of 5th Policy Year. The payable amount is equal to the Terminal Dividend (non-guaranteed)4 attributable to the reduced portion of Principal Amount5. Terminal Dividend (non-guaranteed)4 will not accumulate in the Policy.

  • Flexible Change of Life Insured6

While the Plan is in force and the Life Insured is alive, the Policyowner may change the Life Insured for unlimited times starting from the 1st Policy Anniversary as follows6. This provides you the flexibility in your financial arrangement.

Change of one Life Insured6

The Guaranteed Cash Value will remain unchanged and continue to accumulate in the Policy till the Plan matures.

Change to two Life Insureds6

The Principal Amount5 of the Policy will be converted into two new policies of the same Basic Plan in accordance to the portion as specified by the Policyowner. The Guaranteed Cash Value will be proportionally converted into the two new policies in accordance to the same portion as specified and continue to accumulate in the Policy till the Plan matures.

  • Contingent Life Insured7 and Contingent Policyowner8 Arrangement for Policy Continuum

During the lifetime of the Life Insured and while the Plan is in force, the Policyowner may designate a Contingent Life Insured7. In the event of the death of the Life Insured on or after the 1st Policy Anniversary, the Contingent Life Insured will become the new Life Insured. This sustains the Policy and avoids the possibility of Policy termination due to the unexpected death of the Life Insured.

Moreover, to safeguard the wealth management planning, during the lifetime of the Life Insured and while the Plan is in force, Policyowner may designate a Contingent Policyowner8 so that the ownership of the Policy will be transferred to the Contingent Policyowner in the event of death of the Policyowner.

  • Life Protection for Peace of Mind

When the Life Insured dies, the Total Death Benefit will be paid to the Beneficiary (provided that there is no named and surviving Contingent Life Insured who will become the new Life Insured) as below:

Policy Year Total Death Benefit
1-5 101% of Total Premiums Paid9 less Indebtedness (if any).
6-20 Applicable to the Life Insured with issue age 70 or below:
105% of Total Premiums Paid9
OR
100% of Guaranteed Cash Value as at the date of death of the Life Insured (whichever is greater)

Applicable to the Life Insured with issue age above 70:
101% of Total Premiums Paid9
OR
100% of Guaranteed Cash Value as at the date of death of the Life Insured (whichever is greater)

plus Terminal Dividend (non-guaranteed)4(if any),
less Indebtedness (if any).

  • Flexible Death Settlement Options10

The Plan provides flexible Death Benefit Settlement Options10. Instead of receiving the Death Benefit in a lump sum payment, Policyowner can designate one of the following settlement options while the Plan is in force and the Life Insured is alive to settle the Death Benefit to the Beneficiary.

1. Installment Payments (Fixed Amount)

Death Benefit will be paid in fixed amount at regular intervals (monthly, quarterly, semi-annually or annually).

2. Installment Payments (Fixed Period)

Death Benefit will be paid in installments (monthly, quarterly, semi-annually or annually) for an agreed fixed payment period.

3. Partial Installment Payments (Fixed Amount)

A designated percentage of Death Benefit will be paid in a lump sum. The unpaid balance of Death Benefit will be paid in fixed amount at regular intervals (monthly, quarterly, semi-annually or annually).

4. Partial Installment Payments (Fixed Period)

A designated percentage of Death Benefit will be paid in a lump sum. The unpaid balance of Death Benefit to be paid in installments (monthly, quarterly, semi-annually or annually) for an agreed fixed payment period.

5. Partial Installment Payments until the Designated Age of the Beneficiary

Death Benefit will be paid in fixed amount at regular intervals (monthly, quarterly, semi-annually or annually) before the Designated Age of the Beneficiary. The unpaid balance of Death Benefit (if any) will be paid in a lump sum at the Designated Age of the Beneficiary.

6. Increasing Installment Payments

Death Benefit will be paid by increasing installments (monthly, quarterly, semi-annually or annually). Death Benefit will be paid in a specified amount for the first installment. The subsequent installments will be increased by 3% each year starting from the second year until Death Benefit is fully settled.

  • Fixed Premium for Your Better Planning

The premium will remain unchanged throughout the Premium Payment Term2, allowing you to have a better plan for your future.

  • Simple Application

Application procedure is simple and no medical examination is required.

Remarks:

  1. Upon successful application of Wealth Up (Premier) Savings Insurance Plan, customers may enjoy up to 13% first year premium discount. In addition, up to 5% Premium Prepayment Discount will be offered to customers if the second year premium is paid in advance together with the first year premium at the time of application. For the USD Policy, the projected total return rate is 4.46% p.a. (non-guaranteed) upon Policy Maturity, if no Policy Loan, no withdrawal or partial surrender and all premiums have been paid when due during the benefit term, with the 13% first year premium discount and the 5% Premium Prepayment Discount. Client incentive is subject to the terms and conditions, please refer to : https://www.hklife.com.hk/en/promotions/index-id-34.html for details.
  2. The Policy will be terminated if the Policyowner cannot settle the premium payment before the end of the Grace Period during the Premium Payment Term, subject to the Non-forfeiture Option and other relevant provisions of the Policy. For detailed terms and conditions, please refer to the policy document issued by Hong Kong Life. If the Policy is terminated before the Policy Maturity, the Total Surrender Value (if applicable) received by the Policyowner may be less than the Total Premiums Paid.
  3. When paying the first year premium, the second year annual premium may be deposited in advance into the Premium Deposit Account at the same time in order to be eligible for 4% (applicable to HKD / RMB Policy) or 5% (applicable to USD Policy) discount on the second year premium. If the premium is pre-paid in HKD for USD Policy, the pre-paid amount will be converted to USD based on the exchange rate as at the date of prepayment and deposited into the Premium Deposit Account for paying the second year premium. If the premium is pre-paid in HKD for RMB Policy, the pre-paid amount will be converted to RMB based on the exchange rate as at the date of prepayment and deposited into the Premium Deposit Account for paying the second year premium. The amount in the Premium Deposit Account will be debited automatically to pay the premium on the premium due date of the 2nd Policy Year. No interest will be credited and no partial or full withdrawal is allowed for the amount in the Premium Deposit Account.
  4. Terminal Dividend is not guaranteed and may be changed from time to time. Past performance is not indicative of future performance. The actual amount payable may be higher or lower than those illustrated in the Insurance Proposal. Hong Kong Life reserves the right to change them from time to time.
  5. Principal Amount is used to calculate Initial Premium, any subsequent premium, benefits and policy values (if any) of the respective Basic Plan and any Supplementary Benefit. Any subsequent change of the Principal Amount will result in corresponding change in premium, benefits and policy values (if any) of the respective Basic Plan and any Supplementary Benefit. The Principal Amount does not represent the amount of death benefit of the respective Basic Plan and any Supplementary Benefit.
  6. Change of Life Insured is subject to the terms and conditions, and the then administrative rules as determined by Hong Kong Life from time to time. If change of one Life Insured option is elected, the Principal Amount, Guaranteed Cash Value, Terminal Dividend (if any), Policy Date, Maturity Date, premium, Premium Payment Term, Total Premiums Paid and Indebtedness (if any) will remain unchanged on the date of endorsement. If change to two Life Insureds option is elected, the Principal Amount, Guaranteed Cash Value, Terminal Dividend (if any), premium, Total Premiums Paid and Indebtedness (if any) will be proportionally converted into the two new policies in accordance to the same portion as specified by the Policyowner. The Principal Amount of the new policies is subject to the minimum amount as determined by Hong Kong Life from time to time. The Policy Date, Maturity Date and Premium Payment Term of two new policies will be the same as the original Policy. The Policy Year will remain unchanged after the change of Life Insured. The Death Benefit by Policy Year will continue to apply (applicable to the policy(ies) which the Initial Life Insured with issue age 70 or below). At the time Hong Kong Life receives the written request, the proposed New Life Insured’s age(s) must not be over 70 (applicable to the policy(ies) which the Initial Life Insured with issue age 70 or below) / 80 (applicable to the policy(ies) which the Initial Life Insured with issue age above 70) and must not be older than the Initial Life Insured. Also, evidence of insurability including the insurable interest for the proposed New Life Insured(s) shall be submitted. In addition, all New Life Insured(s) and the Previous Life Insured must be alive on the date of endorsement or the Issue Date of the new policies (where applicable). All Supplementary Benefit(s) (if any) for the Previous Life Insured will be terminated automatically on the date of endorsement or the Issue Date of the new policies (where applicable) and no unearned premium shall be refunded. The relevant Supplementary Benefit(s) can be applied in respect of the New Life Insured(s) in the original Policy or new policies (where applicable) subject to the underwriting rules and requirements as determined by Hong Kong Life from time to time. For detailed terms and conditions, please refer to the policy document issued by Hong Kong Life.
  7. Designation of Contingent Life Insured is subject to the terms and conditions, and the then administrative rules as determined by Hong Kong Life from time to time. Only one Contingent Life Insured can be designated at a time. At the time Hong Kong Life receives the written request, the Proposed Contingent Life Insured’s age must not be over 70 (applicable to the policy which the Initial Life Insured with issue age 70 or below) / 80 (applicable to the policy which the Initial Life Insured with issue age above 70) and must not be older than the Initial Life Insured. Also, evidence of insurability including the insurable interest for the Proposed Contingent Life Insured must be submitted. Upon the death of the Life Insured on or after the 1st Policy Anniversary while the Policy is in force, the actual change of Life Insured to the Contingent Life Insured shall be approved and becomes effective subject to Hong Kong Life’s receipt of satisfactory proof of the Life Insured’s death and any documents as requested, the relevant conditions and limitation, and the prevailing administrative rules and requirements of Hong Kong Life. All Supplementary Benefit(s) (if any) for the Life Insured will be terminated automatically upon the date of death of the Life Insured and no unearned premium shall be refunded. The relevant Supplementary Benefit(s) can be applied for by the Contingent Life Insured, subject to the underwriting rules and requirements as determined by Hong Kong Life from time to time. For detailed terms and conditions, please refer to relevant form and the policy document issued by Hong Kong Life.
  8. Designation of Contingent Policyowner is subject to the terms and conditions, and the then administrative rules as determined by Hong Kong Life from time to time. Only one Contingent Policyowner can be designated at a time, and evidence of insurability including the insurable interest for the Proposed Contingent Policyowner must be submitted. Upon the death of the Policyowner while the Policy is inforce, the actual transfer of ownership of this Policy to the Contingent Policyowner shall be approved and becomes effective subject to Hong Kong Life’s receipt of satisfactory proof of the Policyowner’s death and any documents as requested, the relevant conditions and limitation, and the prevailing administrative rules and requirements of Hong Kong Life. All Supplementary Benefit(s) (if any) for the Policyowner will be terminated automatically upon the date of death of the Policyowner and no unearned premium shall be refunded. The relevant Supplementary Benefit(s) can be applied for by the Contingent Policyowner, subject to the underwriting rules and requirements as determined by Hong Kong Life from time to time. For detailed terms and conditions, please refer to relevant form and the policy document issued by Hong Kong Life.
  9. Total Premiums Paid means the total amount of due and payable premiums from the Policy Date up to the date of termination of the Plan, paid to the Plan and received by Hong Kong Life. Any payment in excess of such amount of due and payable premiums will not be included in the Total Premiums Paid. In case of Partial Surrender, the Total Premiums Paid under the Policy shall be adjusted and reduced proportionally as specified in the Partial Surrender provisions. The Total Premiums Paid does not include the amount in the Premium Deposit Account. In the event of the death of Life Insured, the amount in the Premium Deposit Account (if any) will be paid to the Beneficiary. If Policyowner requests to surrender, the amount in the Premium Deposit Account (if any) will be returned to the Policyowner.
  10. Death Benefit Settlement Options are only applicable in the event of the death of the Life Insured after the Premium Payment Term and all premiums due have been paid, and subject to the terms and conditions, and the then administrative rules as determined by Hong Kong Life from time to time. For detailed terms and conditions, please refer to the policy document issued by Hong Kong Life.

Hashtag: #HKLife #致富易優越 #儲蓄壽險 #中長線儲蓄 #資產增值 #財富傳承




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

About Hong Kong Life

Established in 2001, Hong Kong Life Insurance Limited (“Hong Kong Life”) was founded by five local financial institutions including Asia Insurance Company Limited, Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited, which laid their foundations and have been serving people in Hong Kong for more than 50 years in average. Through our extensive network of around 130 distribution points comprising Chong Hing Bank, CMB Wing Lung Bank, OCBC Bank and Shanghai Commercial Bank, we provide a comprehensive range of insurance products and services to customers.

Qmiax Obtains Canadian MSB License, Initiating a New Era of Compliance in Trading

NEW YORK, USA – Media OutReach Newswire – 30 April 2024 – In the rapidly evolving landscape of global financial technology, cryptocurrencies have become a significant part of financial innovation. With the rapid expansion of the market, regulatory compliance of cryptocurrency exchanges has become a highly focused area of attention both within and outside the industry. Recently, Qmiax exchange announced that it has been granted the Money Services Business (MSB) license by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), sparking widespread attention in the industry. This major achievement not only marks a new chapter in the development of Qmiax but also sets a new benchmark for compliance in the entire cryptocurrency trading industry.

Compliance is crucial for cryptocurrency exchanges, as it is key to their survival and growth. Compliant exchanges can provide users with a secure, transparent trading environment, effectively mitigating financial risks. Therefore, obtaining certification from authoritative financial regulatory agencies becomes a vital cornerstone for the sustainable development of exchanges.

As a dynamic cryptocurrency exchange, the acquisition of Qmiax of the MSB license from FINTRAC demonstrates its high commitment to compliance and security. Behind this achievement is the relentless efforts of Qmiax and innovation in ensuring trading compliance and security. The platform has established rigorous internal monitoring systems, implemented advanced Know Your Customer (KYC) procedures for customer identity verification, and introduced advanced technologies and algorithms in Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) measures to monitor and analyze trading activities, identify, and prevent suspicious activities. Additionally, the platform collaborates with leading global security technology companies to further enhance data security and protect user assets.

Improvements in compliance will enable the platform to attract more users and investors seeking a secure and reliable trading platform. In the current increasingly mature cryptocurrency market, users have higher demands for security and compliance from exchanges. Faced with evolving regulatory environments and rapid technological advancements, Qmiax needs to continuously adjust and optimize its compliance strategies to meet various challenges that may arise in the future.

In the future, Qmiax will continue to uphold the principles of compliance, security, and innovation to provide users with higher quality services and drive the development of the cryptocurrency trading industry.

https://www.qmiax.co
Hashtag: #Qmiax

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

Samsung Solve for Tomorrow 2023 Concludes After an 8-Month Journey, Igniting the Collaborative Efforts of Hong Kong’s Primary and Secondary School Students Towards a Technology-Driven Sustainable Future

Ying Wa Primary School and Ho Yu College and Primary School (Sponsored by Sik Sik Yuen) emerged as the Champions in the Primary and Secondary school categories respectively. Around 2,000 students enthusiastically responded to the call for action under the theme of “1maginati0n that Creates our Sustainable Future.”


HONG KONG SAR – Media OutReach Newswire – 30 April 2024 – In line with its unwavering commitment to “Everyday Sustainability,” Samsung Electronics HK. Co. Ltd, the world’s leading technology company, successfully organized the annual Samsung Solve for Tomorrow competition under the theme of “1maginati0n that Creates our Sustainable Future.” This year’s competition garnered remarkable participation from over 2,000 students representing nearly 400 primary and secondary schools who actively took part in a diverse range of online and offline activities. The final stage of the competition was conducted in a more streamlined format, where the eight shortlisted teams presented their projects to the judging panel after receiving valuable guidance from mentors and refining their creative endeavors. The level of competition was intense, with the judges meticulously selecting the winners in real-time. Additionally, the event showcased the Samsung “Tomorrow’s Lifestyle Showcase,” which served as a dynamic platform for the public to explore how the eight shortlisted teams harnessed the power of technology to pave the way for a sustainable future.

Samsung Solve for Tomorrow 2023 concludes after an 8-month journey, garnering remarkable participation from over 2,000 students representing nearly 400 primary and secondary schools who actively took part in a diverse range of activities
Samsung Solve for Tomorrow 2023 concludes after an 8-month journey, garnering remarkable participation from over 2,000 students representing nearly 400 primary and secondary schools who actively took part in a diverse range of activities

“As we celebrate the 10th anniversary of Samsung Solve for Tomorrow, we also witness how rapidly evolving technology is transforming our lives. In recent years, AI (Artificial Intelligence) has become a hot topic that everyone is exploring. As a technology leader, Samsung embraces the ‘Al for All’ vision, leveraging AI technology to bring new experiences to our products. We also noticed that approximately 15% of the participating entries incorporated various AI technologies. I am proud to see these young talents seizing the opportunity to explore and master these advanced technologies. This has been the original intention since we brought Solve for Tomorrow to Hong Kong in 2013,” said Yiyin Zhao, Managing Director at Samsung Electronics Hong Kong.

“In recent years, AI (Artificial Intelligence) has become a hot topic that everyone is exploring. We also noticed that approximately 15% of the participating entries incorporated various AI technologies.
“In recent years, AI (Artificial Intelligence) has become a hot topic that everyone is exploring. We also noticed that approximately 15% of the participating entries incorporated various AI technologies.” said Yiyin Zhao, Managing Director at Samsung Electronics Hong Kong.

She continued, “Solve for Tomorrow is not just a technology competition for students; it is a platform that allows the younger generation to showcase their skills and apply their knowledge across the STREAM fields, including Science, Technology, Research, Engineering, Arts, and Mathematics. It combines problem-solving abilities with creativity, critical thinking, collaboration, and communication skills, known as the ‘4Cs.’ Through this platform, students contribute ideas and solutions to various social issues, driving sustainable development and becoming the future leaders of Hong Kong.”

Samsung “Tomorrow’s Lifestyle Showcase” presents students’ aspirations for a sustainable future

In keeping with traditions, Samsung Solve for Tomorrow 2023 introduced several new elements this year. In additional to the STREAM workshop series which encompassed Design Thinking, modular robotics design, coding, collaboration and presentation skills, and video productions, advanced workshops on robotics and programming were also added, providing students who wanted to delve into advanced technology with the opportunity to learn through hands-on experiences guided by the instructor.

After the preliminary judging process, eight teams from the primary and secondary school categories were selected from hundreds of creative entries to advance to the final stage of the competition. These teams collaborated with mentors, consisting of renowned Hong Kong entrepreneurs and Samsung employees, to further refine their projects. Additionally, Samsung set up the “Tomorrow’s Lifestyle Showcase” to present the creative works of the eight shortlisted teams in three areas: “Tomorrow’s Home,” “Tomorrow’s Shop,” and “Tomorrow’s City.” The exhibition portrayed their visions for a sustainable future.

Ying Wa Primary School and Ho Yu College and Primary School (Sponsored by Sik Sik Yuen) emerge winners

After the keen competition at the Grand Pitch, the judging panel selected Ho Yu College and Primary School (Sponsored by Sik Sik Yuen) and Ying Wah Primary School as the champions.

Ho Yu College and Primary School (Sponsored by Sik Sik Yuen) presented their thoughtfully crafted project, “E-Receipt App”, an electronic receipt system for daily transactions that integrates paper receipts and point-of-sale systems to reduce the production and disposal of physical paper receipts. Users can instantly receive E-receipts on their mobile app after making a purchase, eliminating the need to wait for printed receipts. Merchants adopting the “E-Receipt App” platform can save on printing costs, while the platform facilitates unified sales calculations and boosts sales.

Ying Wah Primary School secured the primary school champion title once again with their intelligent channel device, “AI AQUA DEFENDER.” This device addresses waterlogging issues caused by channel blockages. When the AI camera detects obstacles on the channel cover, the built-in air pump blows away leaves using high-pressure air. The device also incorporates sensors to measure garbage levels, oil, and a spiral disperser to ensure unobstructed flow in the channel. A real-time monitoring application connects all the channel devices and provides information to channel maintenance personnel for efficient cleaning and upkeep of the channels.

Samsung Solve for Tomorrow 2023 competition, is organized by Samsung and co-organized by the Association of I.T. Leaders in Education (AiTLE) with full support from A Plastic Ocean Foundation, Hong Kong Education City Limited and Coding101, the leading STREAM solution provider in Hong Kong. The champions and the winners of 1st runner-up, 2nd runner-up, 3rd runner-up, and six Merit Awards of Primary and Secondary categories were announced at the Award Presentation Ceremony. The total prize of 20 winning teams is worth more than HK$260,000.

Winning list (Please refer to the appendix for details of the entries):

Primary School

Category

Champion
  • Ying Wa Primary School – AI AQUA DEFENDER
1st Runner up
  • S.K.H. Lui Ming Choi Memorial Primary School – AI Ocean Garbage Cleaner
2nd Runner up
  • AD & FD of POHL Leung Sing Tak School – Intelligent Liquid Packing Machine
3rd Runner up
  • Hong Kong Baptist Convention Primary School – Rewarding Recycling Machine
Merits

(6 teams)

  • Yaumati Catholic Primary School (Hoi Wang Road) – Volunteer Work Bingo App
  • Kwong Ming Ying Loi School – eMedicine app for elderlies and color blind patients
  • Methodist School – Student Spine Protector
  • Methodist School – Travelling Assistant for Visually Impaired People
  • Marymount Primary School – Recyclopedia
  • Marymount Primary School – AI Vision for Vision Disability
Secondary School

Category

Champion
  • Ho Yu College and Primary School (Sponsored by Sik Sik Yuen) – E-Receipt App
1st Runner up
  • Queen Elizabeth School Old Students’ Association Tong Kwok Wah Secondary School – Unblocked the Blocked Drainage
2nd Runner up
  • St. Paul’s Convent School – FOKUS
3rd Runner up
  • Belilios Public School – AI Manager
Merits

(6 teams)

  • Diocesan Girls’ School – Flower Nanny
  • St Stephen’s Girls’ College – Greener Fridge
  • St. Mary’s Canossian College – Elder-AID
  • Carmel Pak U Secondary School – EduForge
  • Fung Kai No.1 Secondary School – Connection VR
  • Man Kwan Pak Kau College – Construction Site Safety Guard

Hashtag: #Samsung

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

About Samsung Solve for Tomorrow

Samsung Solve for Tomorrow is an annual competition that brings together the creativity and passion for new technologies of young people around the world, to solve social problems in local communities. In 2013, Samsung introduced this meaningful event to Hong Kong and inspired tens of thousands of students to come up with innovative solutions that address social issues in Hong Kong. Samsung is promoting the new educational philosophy of “STREAM4CARE”. Besides encouraging Hong Kong students to increase their knowledge of STREAM – Science, Technology, Research, Engineering, Arts and Mathematics – Samsung hopes that they can develop empathy and sense of responsibility and apply their STREAM knowledge to contribute to the society. Through the competition, Samsung hopes to cultivate thought leaders of tomorrow, equipping them with both technological knowledge and the sense of responsibility of a global citizen.

To learn more about Samsung Solve for Tomorrow, please visit:

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry and LED solutions.

China leads with eight of top ten largest VC deals in Asia in Q1’24, KPMG analysis finds

AI and cleantech interest drives VC investment in Asia


HONG KONG SAR – Media OutReach Newswire – 30 April 2024 – Despite a challenging start to the year, China secured eight of the largest ten deals in Asia. China continued to show interest in advancing AI and machine learning innovation; cleantech and alternative energy also attract strong funding in China, where three cleantech were among the largest deals in Asia during the quarter, according to KPMG analysis.

In Q1’24, VC-backed companies in the Asia region raised USD18.9 billion across 2,305 deals, according to the latest KPMG’s Venture Pulse Q1 2024 report. Top three largest VC deals in Asia came from China, including a USD 1.1 billion deal by EV company IM Motors, a USD1 billion deal by AI-focused YueZhi AnMian, and a USD 940 million deal by Yuanxin Satellite.

AI and new energy continued to be the most attractive sectors for investment in China, including subsectors like new materials manufacturing to support new energy activities. China accounted for four of the world’s new cleantech and alternative energy focused unicorns in Q1’24, including Sungrow NewEnergy, Guangxi CNGR New Energy, Zhizi Auto, and Qiyuan Green Power.

Zoe Shi, Partner, KPMG China, says: “In China, we have witnessed significant development in the EV sector, especially in the passenger vehicle market. Currently, there is a growing interest on EV trucks due to China’s vast industrial market and the extensive use of trucks for industrial transportation. However, further progress is required to fully expand this sector, from an energy-related aspect of development and exploring new materials to support industrial vehicles.”

During Q1’24, a number of SPACs in Hong Kong are nearing their two-year deadline to announce a merger and others are close to their three-year window to complete an announced merger. Hong Kong saw SPAC deal processes taking longer than planned, largely attributable to extended approval processes needed for Chinese Mainland companies planning to merge with SPACs for public listings in Hong Kong, contributing to a more cautious pace in exit activities.

Irene Chu, Partner & Head of New Economy and Life Sciences, Hong Kong (SAR) KPMG China, says: “While the broader economy needs to pick up before IPO activity really comes back, there are some positive signs for the future. Advanced technology companies, AI companies, deeptech companies — all of those fall under the strategic industries supported by the Hong Kong with strong funding and policies. This can help bridge the financial gap for startups as they navigate the challenging funding market.”

Despite the challenging start to the year, the Hong Kong government continues to support R&D to drive the commercialization of research outcomes, nurture local start-ups and talent, and boost the collaboration with sister cities in the Greater Bay Area. Strategic companies from mainland China and the US in life and health technology, AI and data science, fintech, advanced manufacturing and new energy, have committed to setting up R&D centers or regional offices in Hong Kong via the Office of Attracting Strategic Enterprises (OASES) and invest more than USD5 billion and creating over 13,000 jobs in the coming years. These companies will give a boost to the startup ecosystem.

Looking ahead to Q2 2024, VC investment in Asia is anticipated to remain stable, with the consumer market expected to recover gradually. AI and ESG-related technologies, including battery technologies, the EV value chain, and semiconductors, are projected to continue drawing significant investments. In China, there is some expectation that potential government policies aimed at boosting economic confidence could enhance VC investor sentiment in the latter half of 2024, should the policies materialize in Q2’24.

Hashtag: #KPMGChina

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

About KPMG China

KPMG China has offices located in 31 cities with over 15,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. Working collaboratively across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located.

KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively.

KPMG firms operate in 143 countries and territories with more than 265,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.

KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. KPMG was also the first among the Big Four in the Chinese Mainland to convert from a joint venture to a special general partnership, as of 1 August 2012. Additionally, the Hong Kong firm can trace its origins to 1945. This early commitment to this market, together with an unwavering focus on quality, has been the foundation for accumulated industry experience, and is reflected in KPMG’s appointment for multidisciplinary services (including audit, tax and advisory) by some of China’s most prestigious companies.

Winner of USD 1.3 Billion Powerball Jackpot is Immigrant From Laos

Cheng "Charlie" Saephan holds a check above his head after speaking during a news conference where it was revealed that he was one of the USD 1.3 billion Powerball jackpot at the Oregon Lottery headquarters on 29 April 2024 in Salem, Ore. (Photo: AP)

SALEM, Ore. (AP) — One of the winners of a USD 1.3 billion Powerball jackpot this month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week.