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OxPay and CIMB Bank to Collaborate to Enhance Digital Payment Solutions

OxPay is expected to benefit from lower processing cost through CIMB Bank’s collaboration with Visa and Mastercard

  • With his agreement, Oxpay will become the first digital payment gateway company to collaborate with CIMB Bank in an effort to enhance digital payment solutions for merchants in Southeast Asia
  • The partnership will enhance CIMB Bank’s merchant services for card transactions through the Card Networks and bolster OxPay’s presence in Singapore as the exclusive payment gateway collaboration partner of CIMB Bank
  • OxPay aims to increase its presence in the market of offline vendors and merchants, and offer services that were previously unavailable through preferred partnerships such as, specific bank programmes
SINGAPORE – Media OutReach – 20 April 2023 – OxPay Financial Limited (SGX: TVV) is pleased to announce that a non-binding strategic collaboration agreement with CIMB Bank Berhad, Singapore Branch. The non-binding agreement will form the basis for further discussions which may require parties to enter into separate definitive agreements. The proposed collaboration will improve CIMB Bank’s merchant services for card transactions through the Card Networks (referring to Visa and Mastercard card networks) while also strengthening OxPay’s presence in Singapore as the exclusive payment gateway collaboration partner for CIMB Bank. OxPay shall provide such services exclusively to CIMB Bank (and not to other parties).

CIMB Bank Berhad is a wholly-owned subsidiary of CIMB Group Sdn Bhd, one of Malaysia’s largest financial services providers and a leading universal banking group in Southeast Asia. CIMB Bank operates on a full banking licence in Singapore. It offers investment banking services (including corporate finance and debt capital markets), banking products and services, treasury products and services, research coverage and asset management.

According to the agreement, OxPay will offer digital payment solutions services to CIMB Bank’s vast network of clients under the proposed collaboration. This will allow them to expand their range of products and services in CIMB Bank’s Merchant Business section. Through working together, OxPay aims to grow its reach in the offline vendor and merchant market and provide services that were previously unavailable through other collaboration. With CIMB Bank’s assistance, OxPay will be able to offer payment processing services at a reduced card network cost, resulting in lower transaction fees for merchants.

Mr. Koh Jin Kit, Managing Director of OxPay, said, “We are excited to announce our proposed collaboration with CIMB Bank Singapore. The proposed collaboration will allow us to improve our merchant payment services solutions. With CIMB Bank’s influential regional presence, we are eager to support their large extensive networks to expand their product and services offerings in CIMB Bank’s Merchant Business segment. The proposed collaboration will also enable us to introduce advanced digital payment solutions to CIMB Bank’s clients, opening doors for the future of digital payments in the region.”

“Our proposed collaboration with OxPay reaffirms our commitment to driving innovation and enhancing the digital economy in the region. By leveraging our combined resources, we aim to engineer a secure and convenient payment ecosystem that delivers unparalleled value to our customers. The proposed collaboration will enable CIMB Bank’s clients to benefit from OxPay’s innovative digital payment solutions, enhancing our merchant services for card transactions and financing solutions for both consumers and merchants. We are excited about the possibilities that the proposed collaboration brings and look forward to working with OxPay to deliver innovative digital payment solutions to merchants.” said Head of Consumer Banking and Digital, Ms. Merlyn Tsai of CIMB Bank.

The proposed collaboration between OxPay and CIMB Bank is an advancement in the field of digital payments. The proposed collaboration enables both companies to provide innovative payment solutions to merchants. OxPay’s expertise in digital payment solutions, along with CIMB Bank’s strong regional presence, is expected to increase the use of digital payments and help grow the digital economy in the area.

Hashtag: #digitalpayment #visa #mastercard #payment #ewallet #OxPay

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

About OxPay Financial

OxPay is principally engaged in the provision of merchant payment services and digital commerce enabling services, offering online-to-offline (O2O) solutions through a fully integrated platform with a focus on servicing merchants in the retail, transportation and food and beverage industries. Its end-to-end payment platform offers comprehensive solutions for merchants, ranging from hardware and software to data analytics and other technology-driven value-added services tailored to specific industries. Its solutions cater to merchants with both on-line and off-line presences, provided through a unified platform for digitalising engagement across all channels. OxPay currently has a presence in four geographical markets – Singapore, Malaysia, Indonesia and Thailand – with ambitions to become a regional player in the global payment space.

For more information, please visit us at

Ariston’s Launches WI-FI Electric Storage Heaters with Voice Control, and Electric Instant Electric Heaters with Slimmer and Sleeker Designs to Fit Singaporean Homes

These new water heaters were showcased at Ariston 2023 Product Launch in Singapore for the first time, and will be available in stores from May 2023.

SINGAPORE – Media OutReach – 20 April 2023 – Once again, Ariston remains the first and only brand in Singapore to introduce a full new range of WI-FI electric storage water heaters, now with voice control functions. The new range is integrated with the main smart home platforms: Amazon Alexa and Google Assistant to conveniently connect users with their smart water heater. Users can now easily turn on/off their water heater, adjust water temperature and receive information about current temperature via voice commands.

Ariston AURES Electric Instant Water Heaters
Ariston AURES Electric Instant Water Heaters

Ariston ANDRIS2 TOP 30 WI-FI and SL2 20/30 LUX-D WI-FI are equipped with a patented full-titanium heating element that comes with lifetime warranty, energy saving smart ECO EVO function and AG+ technology that inhibits bacteria proliferation for better hygiene.

Ariston has always been committed to developing products that last through time and they are the first electric water heater manufacturer in the market to use titanium against water corrosion since twenty five years ago.

Ariston NET – Home Gets Smarter, Life Gets Simpler
Ariston NET is the smart app to manage users’ thermal comfort solutions with easy control and prompt assistance, enabling 25% energy saving for a more sustainable comfort of living.

Download the Ariston NET on Apple App Store or Google Play Store now:

Apple App Store: https://apps.apple.com/sg/app/aqua-ariston-net/id1060595147

Google Play Store: https://play.google.com/store/apps/details?id=com.remotethermo.velis&hl=en

The WI-FI range is available now at all authorised dealers from $399. ANDRIS LUX 15/30 WI-FI will be available in Singapore from June 2023.

Ariston electric instant water heaters with Constant Temperature technology now slimmer and sleeker to fit Singaporean homes

Ariston WI-FI Electric Storage Water Heaters, now with Voice Control
Ariston WI-FI Electric Storage Water Heaters, now with Voice Control

Well known for its Constant Temperature (CT) technology in its AURES electric instant water heaters, Ariston now introduces an upgraded range, now slimmer and sleeker, which are designed specially to fit perfectly into Singaporean homes in looks and in size. The stylish and luxurious Ariston AURES integrates cutting-edge elements for the ideal bathing experience.

Ariston’s AURES range has earned the prestigious Good Design Award thanks to its luxury design and outstanding features, as well as for its high levels of simplicity of installation and operation.

Ariston’s AURES range equipped with Constant Temperature (CT) technology is the first to be officially certified by PSB Singapore to be energy saving of up to 25%. Now equipped with Earth-leakage circuit breaker (ELCB), Ariston AURES electric instant water heaters provide an additional safety point. If a dangerous electric leakage is detected, the built-in double pole ELCB in Ariston AURES range will interrupt the electrical circuit, avoiding the risk of electric shock.

Other features for the AURES series include Memorised Temperature Preference for up to 3 Users, Anti-Scald Technology, and the quietest Silent Pump in its class for A Powerful Rain Shower Experience with noise levels of as low as 42.7 dB(A).

Ariston AURES range will be available at all authorised dealers from May 2023, retailing from $139.
Hashtag: #ExperienceAriston



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

ABOUT ARISTON

All over the world, Ariston Group is synonymous with comfort, energy efficiency and respect for the environment, thanks to its renewable and high efficiency products, its plants in compliance with the most advanced production standards and excellent pre- and after-sales customer support services. The Group has now a leadership position in the global thermal comfort market for residential and commercial spaces.

The Group has 64 operating companies, 5 presentative offices in 42 countries, 25 production sites, 25 centres of competences and R&D in 5 continents and successfully combines its worldwide reach with an in-depth knowledge of each local market context. Thanks to their centres of competence for R&D around the world as well as strong customer focus, Ariston Group is able to thoroughly understand the needs of local customers and professionals and customise our offering to the individual requirements of every country where we have a presence.

Ariston Group offers an extensive range of products, systems and services mainly under the global brands Ariston and ELCO, and operating iconic brands such as Calorex, NTI, HTP, Chaffoteaux, ATAG, Brink, Chromagen, Racold as well as Thermowatt and Ecoflam in the components and burners business.

COMMITTED TO SUSTAINABILITY
Ariston is the leading and most international brand in the Ariston Group, the one thought to spread the new concept of “Home of sustainable comfort”, highlighting the consumer’s daily life needs together with the commitment to develop sustainable solutions. Born in Fabriano, Italy, in 1960, Ariston is now the Italian global expert of the heating and hot water sectors. Ariston brings comfort to the houses of millions of families in the world every day, it satisfies the needs of all types of consumers. Ariston is the consumer’s preferred professional partner providing excellent quality products characterised by advanced performance. Thanks to an iconic Italian style and to a wide range of reliable products, Ariston delivers to consumers renewable and energy efficient solutions, smart, connected services with elevated technologies in order to become the Master of comfortable homes and to take care of the consumer’s house and of the Planet, our ultimate home.

Knox Wire Announces the Launch of Trustless Gold-Backed Currency

PRETORIA, SOUTH AFRICA – News Direct – 19 April 2023 – Knox Wire, the global payments and real-time financial messaging network, announces plans to launch its trustless gold backed currency, PMBC (Precious Metals Backed Currency).

The new product enables governments, corporations and financial institutions to hedge against the instability of the financial system while at the same time keeping funds extremely liquid. Holding the precious metals backed currency provides an entity with the security of physical metals while being able to instantly convert and send cross-border payments to over 20,000 institutions in nearly 200 countries.

This trustless system will provide users with a secure way to store and send wealth without relying on a potentially vulnerable banking system for storage, settlement or redemption. With this new launch, Knox Wire continues its mission of providing an alternative financial infrastructure to send real-time cross border payments.

The Launch of a Gold-Backed Currency with a Trustless Mechanism

Knox Wire’s new gold-backed currency operates on a trustless mechanism, providing reliable value stability as the metals backing PMBC will not be held by the company, but regional, redemptive trusts located globally.

These trusts will be in centralized locations in North America, Europe and Asia. They ensure that no entity is solely reliant on Knox Wire, a potentially vulnerable financial system, or any single company, for redemption. This trustless mechanism can provide users with peace of mind that their assets are always backed one to one, and always accessible.

Setting a New Standard in Financial Security

The issue with traditional gold backed currencies is that gold can be prone to volatility on its own. The way PMBC will work to counteract this volatility is by backing each PMBC with one gram of gold, one gram of platinum and one gram of palladium. Reducing potential volatility by distributing any potential market risk between three of the strongest performing precious metals.

PMBC offers substantial benefits to traditional options, including; immediate liquidity, trustless redeemability, distributed backing, and the security of Knox Wire’s immutable, distributed ledger. When combined with the services of Knox Wire, PMBC is a solution that sets a new standard for the usability of precious metals.

Hashtag: #KnoxWire

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

About Knox Wire

Knox Wire is a real-time gross settlement network that combines financial messaging and cross-border payments with local payouts to over 20,000 Financial Institutions (FIs) in nearly 200 countries.

More details about Knox Wire are available on the project’s and on the social media pages listed below.

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Bing Ventures Concluded Its Boutique Side Event at Hong Kong Web3 Festival 2023

A-list speakers from Animoca Brands, Hex Trust, Alchemy Pay, NFTScan, BuilderDAO, Desyn Protocol, GBV Capital, Blockchain Academy Group, and more predict a boom in consumer-facing applications.

HONG KONG SAR – News Direct – 19 April 2023 – Bing Ventures, a pioneering VC firm in Asia that backs entrepreneurs and early-stage startups in Web3 and blockchain, concluded its side event entitled “Web3 Reimagined” at the Hong Kong Web3 Festival 2023 on April 14.

The event, in partnership with AI-driven Web3 content aggregator Followin, convened some of Asia’s leading VCs, startups, and media leaders to reflect on the opportunities and challenges of the road ahead for Web3 amid the complex and ever-changing industry landscape.

Top Investment Themes for 2023

​Before a packed auditorium, Wayne Wu, Partner of Bing Ventures delivered keynote remarks that shared the VC firm’s views on the top investment themes for 2023. “Although been through a treacherous 2022, the industry has shown its tenacity in the first quarter of 2023. The recovery of the industry will be driven by technological innovations,” he said.

Wu shared the specific innovations that Bing Ventures is looking at under six investment themes including Web3 infrastructure and applications, TradFi’s integration with DeFi, Ethereum scaling, collaboration tools for DAOs, GameFi, and the intersection of digital identity (DID) and social networking.

“We think GameFi projects utilizing new human-computer interaction technology such as VR, AR, and ChatGPT and delving deep into the in-game uses of NFTs are promising, especially those with innovative token economies,” he explained.

His forward-looking and insightful speech set the tone for the rest of the event.

A Boom in Consumer-facing Applications is Coming

Besides the keynote speech, the event included two panel discussions highlighting diverging perspectives from the point of view of entrepreneurs in the first and a more digital-assets-focused discussion in the second.

Speakers on the two panels include Josh Du, Head of Digital Asset Portfolios at Animoca Brands; Christian Ng, Partner at GBV Capital; Calvin Poon, Investment Associate at The Spartan Group; Albert Chang, Managing Partner at Chiron Partners; Kevin Shao, Cofounder of Bitrise Capital; Shier Han, Cofounder of NFTScan; Niels Ma, Initiator of BuidlerDAO; Lionel Yuan, CEO of DeSyn Protocol; Gabriele Bandi, VP of Sales & Business Development at Hex Trust; Robert McCracken, Ecosystem Lead, Alchemy Pay; and Wego C., Cofounder of BlockTempo.

The first panel was moderated by Andrew Han, Chief Branding Officer of Followin, while the second panel was moderated by Yanyan (Chunyan) Liang, Co-founder & CMO of Blockchain Academy Group.

It was worth noticing that panelists on both stages shared positive views on the development of the industry and believed the flipping point for a boom in Web3 consumer applications may be imminent. Entrepreneurs in several sectors indicated that the fundamentals of the industry were not shacked by the high-profile black swan incidents and bankruptcies in 2022. Talents continue to flow into the space, entrepreneurial activities are strong, and regulators worldwide are gradually learning about Web3. In addition, empowering technologies such as AI are bringing new possibilities to the industry.

Sector-wise, several investors including Animoca Brands mentioned that they are doubling down on consumer-facing applications from gaming, fashion, music, and education to custody solutions, payments, and social networking. As more and more already-successful Web2 companies realize that their business models can work better with Web3 technologies, the number of consumer-facing applications will grow exponentially.

The event ended after a lively cocktail party and was attended by over 200 invited guests.

“As a research-driven VC firm, we host and support events from workshops to hackathons to help facilitate meaningful exchanges of ideas. We are glad the side event was a success and look forward to meeting more industry participants at our future events,” Wu commented.

Hashtag: #BingVentures

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

About the Web3 Festival

The inaugural Web3 Festival, co-hosted by Wanxiang Blockchain Labs and HashKey Group and supported by the Hong Kong government, is the largest crypto-focused conference Hong Kong has ever hosted. This four-day event will see over 10,000 attendees, 300 distinguished industry speakers, VCs, and senior finance and FinTech executives, about 100 Web3 project exhibitors, community partners and media partners around the world congregate to network, share, and learn through high-level content and panel discussions.

About Bing Ventures
Founded by former J.P. Morgan and Standard Chartered bankers, Bing Ventures is a pioneering venture capital firm that backs startups and entrepreneurs driving the next wave of Web3 and blockchain innovations. Its team of crypto veterans and natives collectively brings decades of experience in investing in, incubating, developing, and marketing Web 3.0 projects. With a sector-agnostic, value-investing approach, it now has a portfolio spanning DeFi, NFT, GameFi, DAOs, infrastructure, Web3, and more. Bing Ventures is headquartered in Singapore and has team members decentralized across Asia, the UK, and the US.

For more information, please visit .

Google Hong Kong Launches Google Career Certificates Program 2023

  • New edition introduces an enriched suite of training programs, career coaching powered by TalentLabs, and a dedicated job board in collaboration with CPJobs
  • Google Hong Kong is doubling the number of youth scholarships this year, distributed in partnership with the Hong Kong Federation of Youth Groups, Fullness Social Enterprises Society, Hong Kong Design Centre and SME Lab

HONG KONG SAR – Media OutReach – 19 April 2023 – Google Hong Kong today announced the launch of Google Career Certificates Program 2023, as part of its ongoing efforts to upskill and empower talents from all backgrounds while addressing the growing demand for advanced digital skills. The new edition offers an enriched suite of training programs with two new courses, a well-rounded job-seeking skill support and empowerment program by TalentLabs, as well as the new Google Career Certificates Job Board, powered by CPJobs. In addition, Google Hong Kong is offering 2,000 scholarships (doubling the number from 2022) that will be distributed in partnership with Leading Partner – the Hong Kong Federation of Youth Groups (HKFYG) and three Industry Partners, namely Fullness Social Enterprises Society (FSES), Hong Kong Design Centre, and SME Lab.

google .jpeg

(From left to right) Aaron Au Yeung, Assistant Project Manager, Fullness Social EnterPrises Society; Human So, Business Development Manager, SME Lab; Dr Joseph F Wong, Executive Director, Hong Kong Design Centre; Michael Yue, General Manager, Sales & Operations, Google Hong Kong; Gary Tang, The Hong Kong Federation of Youth Groups (HKFYG), Coordinator (Services); Terrance Lok, Chief Executive Officer, TalentLabs; and Ryan Wong, Sales & Marketing Director, CPJobs, celebrated the launch of the Google Career Certificates Program 2023.

Michael Yue, General Manager, Sales & Operations, Google Hong Kong, said: “We at Google Hong Kong are committed to digitising Hong Kong for good, through economic contribution, ecosystem, and education. Last year we launched the Google Career Certificates Program and partnered with HKFYG in hopes of equipping talents in Hong Kong with in-demand digital skills, so as to enable them to unlock more career opportunities. We are glad to see how far the graduates have come, which is a testament to the success of the program. Hence we are launching the new edition this year with a series of enhanced offerings to address the city’s need for talents with advanced digital capabilities.”

Employees see benefits of upskilling through flexible online certificates that can help solve the city’s talent crunch in the long run

Hong Kong is facing an intensifying talent crunch and there is a critical need for the city to reskill and upskill its workforce. Employees see the benefits of reskilling and upskilling, including significant boosts to their salaries and bargaining power (63%) as well as improvements in their performance (55%), according to a new report on digital skills in Hong Kong from Economist Impact, supported by Google. In terms of desired skill sets, employees cited data analysis and visualisation (54%) as one of the leading “must have” advanced digital skills.

Online certificates, as a new mode of learning, offer flexible and accessible on-demand study models, allowing learners to explore new knowledge and skills and continue a lifelong learning journey. Furthermore, online certificates are gaining popularity and recognition in recent years; the same Economist Impact report revealed that over half of the responding employees said their employers are shifting their hiring focus to skills-based qualifications (51%) and that they value online certificates (52%).

According to Gary Tang, Coordinator (Service), The Hong Kong Federation of Youth Groups (HKFYG), “The feedback we received from participants of last year’s Google Career Certificates Program was how beneficial it was to be able to access self-study online courses in helping them to enhance their employability.” Mr Tang went on to say that, “We are pleased to continue the partnership with Google Hong Kong for this new edition and to help more youths in need of practical digital knowledge. This reinforces our commitment and support to young people as they develop the future skills they need to progress and prosper.”

Empowering Hong Kong youths with enriched suite of digital skills and extended career coaching support

Google Career Certificates, built and taught by Google experts, cover many of the digital skills that Hong Kong employees aspire to have, including Data Analytics and Digital Marketing & E-commerce. New courses added for 2023 include Advanced Data Analytics Certificate that offers advanced skills and techniques for collecting, analysing, and interpreting extremely large amounts of data within organisations, and Business Intelligence Certificate where participants can learn to collect, structure, interpret, and report on business data to help stakeholders make informed decisions.

The launch of the Google Career Certificates Program has been well received. In Hong Kong, over 80% of graduates report a positive career outcome (e.g., a new job, a promotion or a raise) within six months of completion.* In response to this positive result, Google Hong Kong is offering even more extensive support to this year’s graduates. Terrance Lok, CEO of TalentLabs, said: “As a full-stack career platform focusing on technology careers, we are excited to work with Google Hong Kong to support participants of the Google Career Certificates Program. Through a range of job-seeking skill support and empowerment services, we help candidates of various backgrounds thrive in today’s digital economy and meet the demands of the future workforce.”

In addition, Google Hong Kong is partnering with recruitment website CPJobs to launch a dedicated Google Career Certificates Job Board. Ryan Wong, Sales & Marketing Director at CPJobs, said: “We are delighted to launch the Google Career Certificates Job Board, a one-stop platform for job opportunities requiring digital skills that graduates have learned from the Google Career Certificates Program, helping job seekers to realise their career goals with ease.”

Opening for enrollment from April 19, 2023, Google Career Certificates Program 2023 has received strong support from local academia partners and organisations. Visit the Google Career Certificates website (https://grow.google/intl/zh-HK_hk/certificates/) for more information.

*based on the program graduate survey, Hong Kong, 2022.

Hashtag: #GoogleHongKong

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

Sunlight REIT’s Operational Statistics for the Third Quarter of the Financial Year 2022/23

HONG KONG SAR – Media OutReach – 19 April 2023 – Henderson Sunlight Asset Management Limited (the “Manager“), as manager of Sunlight Real Estate Investment Trust (“Sunlight REIT“), announces the operational statistics of Sunlight REIT for the third quarter of the financial year 2022/23.

At 31 March 2023, the portfolio occupancy rate of Sunlight REIT stood at 92.1% (31 December 2022: 92.5%). Office and retail occupancy rates were 91.5% and 93.3% respectively, as compared to 92.2% and 93.1% at 31 December 2022.

The overall passing rent of Sunlight REIT’s portfolio was HK$45.2 per sq. ft. at 31 March 2023, largely unchanged from the corresponding figure a quarter ago. Benefitting from the decent leasing demand for Grade B office properties focusing on service trades, the office portfolio registered a mild rental reversion of 2.1% for the quarter under review. While a negative rental reversion of 2.3% was recorded for the retail portfolio, the momentum of downward adjustment was clearly decelerating, reflecting the gradual recovery of the retail sector in tandem with the removal of social distancing restrictions.

In respect of the performance of key office properties, occupancy rate of Dah Sing Financial Centre was 87.1% at 31 March 2023, with a passing rent of HK$41.7 per sq. ft.. Meanwhile, Strand 50 experienced a drop in occupancy rate to 89.6% as the Manager decided to restructure the lease with a co-working space operator. On the Kowloon side, capitalizing on the improving consumer sentiment, occupancy rate of The Harvest rebounded to a satisfactory level of 95.7%.

On the retail front, occupancy rates of Sheung Shui Centre Shopping Arcade and Metro City Phase I Property were 91.8% and 92.5% at 31 March 2023 respectively, while their corresponding passing rents were HK$98.5 per sq. ft. and HK$55.0 per sq. ft..

Remarks: Attached operational statistics of Sunlight REIT for the third quarter of the financial year 2022/23.

Operational statistics for the third quarter of the financial year 2022/23

Property Location Occupancy
Rate (%) 1
Passing Rent (HK$/sq. ft.) 2
at 31 Mar 23 at 31 Dec 22 at 31 Mar 23 at 31 Dec 22
Office
Dah Sing Financial Centre Wan Chai 87.1 88.5 41.7 41.6
Strand 50 Sheung Wan 89.6 92.3 30.6 32.3
135 Bonham Strand Trade Centre Property Sheung Wan 100.0 99.4 26.6 26.7
The Harvest Mong Kok 95.7 91.4 41.2 41.0
Winsome House Property Central 91.5 88.8 40.1 39.9
Righteous Centre Mong Kok 99.3 100.0 35.1 34.9
235 Wing Lok Street Trade Centre Sheung Wan 94.1 94.5 19.7 19.7
Java Road 108 Commercial Centre North Point 98.1 96.1 24.6 24.8
On Loong Commercial Building Wan Chai 100.0 100.0 27.8 27.2
Sun Fai Commercial Centre Property Mong Kok 98.5 97.1 21.3 21.4
Wai Ching Commercial Building Property Yau Ma Tei 91.7 97.2 17.0 17.0
Average 91.5 92.2 34.5 34.7
Retail
Sheung Shui Centre Shopping Arcade Sheung Shui 91.8 91.7 98.5 98.4
Metro City Phase I Property Tseung Kwan O 92.5 91.9 55.0 54.6
Kwong Wah Plaza Property Yuen Long 97.0 97.8 53.8 52.1
Supernova Stand Property North Point 100.0 100.0 57.3 57.2
Beverley Commercial Centre Property Tsim Sha Tsui 100.0 100.0 29.6 29.6
Average 93.3 93.1 67.6 67.1
Average 92.1 92.5 45.2 45.0

Notes :

  1. Calculated on the basis of occupied gross rentable area (“GRA“) as a proportion of total GRA on the relevant date.
  1. Calculated on the basis of average rent per sq. ft. for occupied GRA on the relevant date.

Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction.
Hashtag: #SunlightREIT

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

Sunlight REIT

Listed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission, and constituted by the amended and restated trust deed dated 10 May 2021 (the “Trust Deed”). It offers investors the opportunity to invest in a diversified portfolio of 11 office and six retail properties in Hong Kong with a total gross rentable area of approximately 1.3 million sq. ft.. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density.

The Manager

The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.

Thai Tour Operators Seek Clarity Regarding New Tourism Fee

Operators Demand Clarity Regarding Thailand’s Tourism Fee
Foreign tourists arrive at Suvarnabhumi airport in Bangkok on Nov 1, ( Photo : Bangkok Post )

The Tourism and Sports Ministry has delayed the THB 300 tourism fee collection for international visitors from June to September due to implementation issues and tourism operators have asked for more clarity on the same from the government.

Cambodia Sets New World Record for Origami Hearts Display

Cambodia Breaks Origami Hearts World Record in Support of SEA Games
The heart origami field (photo: Hong Menea)

Cambodia has secured a spot in the Guinness Book of Records for the world’s largest display of origami hearts, announced a Guinness World Records adjudicator on Tuesday.