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ROSEN, A LEADING LAW FIRM, Encourages Archer Aviation Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – ACHR

New York, New York – Newsfile Corp. – September 23, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Archer Aviation Inc. (NYSE: ACHR) between September 17, 2021 and August 15, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2023.

SO WHAT: If you purchased Archer Aviation securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Archer Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=18433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company relied on heavily edited videos of earlier flights to exaggerate the amount of flight testing it had actually performed and the sophistication of its eVTOL aircraft; (2) the Company had misrepresented the nature and profitability of its business partnerships; (3) the Company was unlikely to secure FAA certification in the timeframe it had represented to investors, thereby delaying the start of mass production of its aircraft for commercial sales; (4) accordingly, the Company had overstates its financial position and/or prospects; (5) all of the foregoing, once revealed, was likely to subject the Company to significant financial and/or reputational harm; and (6) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Archer Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=18433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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

ROSEN, A LEADING LAW FIRM, Encourages American Coastal Insurance Corporation Investors to Inquire About Securities Class Action Investigation – ACIC

New York, New York – Newsfile Corp. – September 23, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of American Coastal Insurance Corporation (NASDAQ: ACIC) resulting from allegations that American Coastal may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased American Coastal securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=19156 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On August 21, 2023, American Coastal issued a press release stating that it “has identified certain errors related to the reporting of discontinued operations for the previously issued unaudited condensed consolidated financial statements for the three months ended March 31, 2023, which errors had the effect of understating the net income for the three months ended March 31, 2023 by approximately $6.4 million. These errors were discovered in the course of preparing [American Coastal’s] interim financial statements for the fiscal quarter ended June 30, 2023, and included errors in [American Coastal’s] accounting for income tax expense primarily relating to the deconsolidation of [American Coastal’s] former subsidiary, United Property & Casualty Insurance Company.” Accordingly, American Coastal determined that the statements at issue should no longer be relied upon.

On this news, American Coastal’s stock price fell $0.38 per share, or 5%, to close at $7.22 per share on August 22, 2023.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages UiPath, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PATH

New York, New York – Newsfile Corp. – September 23, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of UiPath, Inc. (NYSE: PATH) between April 21, 2021 and March 30, 2022, both dates inclusive (the “Class Period”), of the important November 6, 2023 lead plaintiff deadline.

SO WHAT: If you purchased UiPath securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the UiPath class action, go to https://rosenlegal.com/submit-form/?case_id=19012 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 6, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) UiPath had enacted a widespread discounting program prior to its initial public offering (“IPO”), which had the effect of temporarily boosting UiPath’s revenue and annualized recurring revenue (“ARR”) metrics, cannibalizing its future sales, eroding UiPath’s margins, and increasing the risk of client churn; (2) UiPath’s actual total addressable market was not as large as portrayed by defendants, because many companies included in UiPath’s market survey did not need the type of high-cost, high-functionality automation products offered by UiPath; (3) UiPath was losing customers to Microsoft, ServiceNow, SAP, Salesforce, IBM, and other established enterprise software vendors that were building automation into their platforms; (4) UiPath was losing customers due to the increased availability of low-code automation software offered by vendors, such as Microsoft’s Power Automate software, which were capable of addressing the majority of customer use cases at a fraction of the price of UiPath’s products and services; and (5) UiPath was suffering from a loss of channel sales due to strained relationships with UiPath’s partners as a result of increased competition between UiPath and these partners. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the UiPath class action, go to https://rosenlegal.com/submit-form/?case_id=19012 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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

The “Asian Games Letterbox” Malaysia Stop Concludes with Resounding Success, with Great Anticipation from the Local Populace for the Asian Games Hangzhou 2022

KUALA LUMPUR, MALAYSIA – Media OutReach – 23 September 2023 – To better propagate the spirit of the Asian Games and foster greater understanding among the Asian people of both the Games and China, the “Asian Games Letterbox” is an initiative under the esteemed guidance of the Publicity Department of the CPC Hangzhou Municipal Committee and the Information Office of the Zhejiang Provincial Government; Phoenix Satellite Television and ifeng.com invite local people across multiple nations and regions in Asia to handwrite messages of goodwill for the Asian Games.

“Following this prolonged wait, I firmly believe that the Asian Games Hangzhou 2022 and the city of Hangzhou itself will assuredly bestow upon the entire Asian continent a delightful surprise,” one Chinese expatriate who has been engaged in business in Malaysia for several decades remarked to reporters during their participation in the “Asian Games Letterbox” event.

On September 16, 2023, just one week before the commencement of the Asian Games Hangzhou 2022, the “Asian Games Letterbox” initiative arrived at its third destination, Malaysia. Early that day, the “Asian Games Letterbox” stationed at renowned landmarks such as the Petronas Twin Towers, Merdeka Square, Central Market, The Starhill, and Pavilion KL in Kuala Lumpur, were officially inaugurated in Malaysia. As soon as this event was launched, it rapidly disseminated within the local Malaysian Chinese social circles and across social media platforms, garnering enthusiastic participation from many overseas compatriots and local residents in Malaysia.

During an interview with the “Global Insights”, a Malaysian citizen expressed, “Through the city brochures of Hangzhou, I have gained a deeper understanding of this enchanting city. I hope to have the opportunity to personally visit Hangzhou in the future to experience the allure of this beautiful city. I also wish that, amidst their athletic pursuits, the athletes could visit Hangzhou, feeling the warmth and hospitality of the Chinese people.”

The Asian Games Hangzhou 2022 has seen over 12,500 athletes register for participation, marking the largest-scale Asian Games in history and a monumental sporting extravaganza across the entire Asian continent. Malaysia’s delegation boasts traditional strengths in sports such as badminton and squash, and in this Asian Games Hangzhou 2022, they are setting their sights on gold medals in these disciplines.

A local resident in Malaysia said, “In the past, we had top-tier badminton athletes like Lee Chong Wei, and even though he has retired, I still have faith that our badminton players can achieve outstanding results in this Asian Games Hangzhou 2022; I am well aware of China’s prowess in badminton as well, and I hope that both nations can engage in a head-to-head competition on the field, delivering a splendid match for spectators.”

On the day of the event, thousands of local residents from Malaysia participated in the activity. They inscribe their most heartfelt wishes for the Asian Games Hangzhou 2022 in both Chinese and English upon postcards and cast them into the “Asian Games Letterboxes”. This event will further extend its reach to locations such as Japan and Macau, China. Among the participants, fortunate individuals will have a chance to win tickets to the Asian Games Hangzhou 2022.

The Asian Games Hangzhou 2022 serves not only as the pinnacle stage for athletic competition in Asia but also as an important platform for diplomatic, cultural, and economic exchanges. Outstanding athletes from various Asian countries and regions will contribute to a splendid display of sporting excellence. Moreover, the gathering of countries in Hangzhou will create a beautiful scene of unity and friendship, shaping a stable global order.

Athletes from various countries, traveling from afar, arrive in Hangzhou not only with a resolute determination to excel but also with a mission of fostering friendly exchanges. The spectators from different places worldwide will shower these athletes with the most heartfelt applause.

Hashtag: #AsianGamesLetterbox

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

Launch of Carousell Campus: Leading the future of secondhand with recommerce, cultivating talent and contributing back to the startup ecosystem

SINGAPORE – Media OutReach – 23 September 2023 – Carousell Group, the leading multi-category platform for secondhand in Greater Southeast Asia, celebrates the onset of its second decade with a homecoming to LaunchPad @ one-north, the site of its inaugural office. The Group announced today the official opening of its new regional headquarters, Carousell Campus, dedicated to advancing recommerce capabilities as part of its goal to make buying and selling secondhand items more trusted and convenient.

Carousell’s new regional headquarters at LaunchPad @ one-north
Carousell’s new regional headquarters at LaunchPad @ one-north

During the launch event of Carousell Campus today, Carousell Group CEO and Co-founder, Mr Quek Siu Rui expressed his enthusiasm for the journey ahead, sharing, “This space marks a coming-of-age for Carousell as a Group. Recommerce means bringing the best things that we know and like from e-commerce and availing it for secondhand products. We have been building up our recommerce business in recent years, and have grown to be the leading recommerce Group in Southeast Asia, Hong Kong and Taiwan, with tens of millions of monthly active users and 80 million new listings annually. As we take the lead in advocating for recommerce and a circular economy in the region and beyond, we believe in contributing back to the local startup community and cementing Singapore as the region’s prominent startup hub.”

Driving the future of secondhand by advancing recommerce with trust and convenience capabilities

Carousell Campus also houses the Group’s first Capabilities Centre, which brings the Group’s brands and subsidiaries into one single location to streamline operations, integrate capabilities for authentication and inspection, as well as allow for more efficient collaboration. (Please refer to Annex A) The Group has been focused on building stronger recommerce foundations and setting new standards in trust and convenience for secondhand transactions in the region. For instance, Carousell Group launched the ‘Certified’ programme this year that uses shared expertise and technology from the various entities to authenticate and inspect secondhand items in the programme sold by Carousell Official Stores. Mobile phones are inspected using our proprietary AI-first diagnostic technology to remove human error in assessment. Luxury bags are authenticated by a team led by our Lead Authenticator, who was previously from fashion luxury houses, such as Louis Vuitton, Hermes and Chanel. Vehicle inspections are carried out by veteran automotive inspection and repair companies. (Please refer to Annex B for the full list of recommerce programmes across Carousell Group.)

To make peer-to-peer marketplace transactions even safer, the Group has also rolled out enhancements to the secure on-platform payment features in its Singapore and Vietnam marketplaces, with plans to continue in more markets starting with Malaysia by end of September. For instance, when Carousell users make transactions using the ‘Buy’ button, they are able to pay securely via a one-click checkout on the platform, and also enjoy additional Buyer Protection policies and integrated door-to-door (D2D) delivery options. This is on top of continuous platform enhancements across a multi-layered strategy to increase trust and safety across the Group’s platforms. To increase convenience for everyday Singaporeans selling items they have decluttered, Carousell Singapore will be the first C2C marketplace in Singapore to offer a paperless D2D shipping option to casual sellers. By the end of September, users will only need to write down their tracking number on the parcel, have access to competitive paperless D2D shipping rates, and also skip the hassle of printing out the shipping label for the courier.

“Centralising our Singapore-based entities at Carousell Campus has allowed us to strengthen our operations excellence. Our strategic focus on key growth product categories has streamlined our efforts to offer more compelling user value propositions and facilitate more collaboration opportunities to innovate on ways to increase circular economy adoption. This has allowed us to roll out a variety of recommerce programmes and features across multiple platforms and markets this year, providing an e-commerce-like experience. We will continue to invest in growth and technology across our platforms to make buying and selling secondhand items as trusted and convenient as buying brand new items,” said Mr Quek.

Nurturing the talent behind the Group’s recommerce success

Carousell Campus strengthens the Group’s commitment towards innovation and building a diverse, skilled team by serving as a central nexus for its eight regional offices to converge for strategic planning. A key component of developing the talent into a world-class team is focusing on regional collaborative sharing of best practices and capabilities as a Group. CEOs and senior executives from the various Group entities take on additional roles to mentor cross-entity business teams and provide strategic direction, or guide the development of operations capabilities collaboratively with the different entities.

Tech leaders across the Group also work together on Group-wide tech initiatives and knowledge sharing to better utilise existing technologies and drive innovation. This has allowed the Group to adopt generative AI technologies in a quicker manner to power platform features at scale. For instance, Carousell has recently started using a Large Language Model (LLM) to extract product details for search relevancy, so buyers can better find what they want and thereby increasing listing views and chats for sellers.

Contributing towards the next generation of tech startups

More than just a return to Carousell’s roots at BLOCK71, the move to set up Carousell Campus at LaunchPad was a deliberate choice to signal the Group’s commitment to being an integral part of this ecosystem in paving the way for the next generation of tech trailblazers. Recognising the challenges young startups face, Carousell Group offers a helping hand by offering access to world-class speakers from tech giants, facilitating connections and networking opportunities with startup founders, and providing a space to organise their own customer discovery events to find the right product-market fit. Hence, Carousell Campus was intentionally designed to host events to facilitate such support, with space to house over 100 pax.

Since the return, the Group has organised a plethora of events, insightful sessions, and learning experiences at no cost, with plans in the pipeline for more collaborative events involving local startups and small businesses. Start-ups interested in using Carousell Campus’ venue space can reach out to Carousell Group at campus@carousell.com to discuss collaboration opportunities.Hashtag: #Carousell #start-up #recommerce #secondhand



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

Carousell Group

Carousell Group is the leading multi-category platform for secondhand in Greater Southeast Asia on a mission to inspire the world to start selling, and to make secondhand the first choice. Founded in August 2012 in Singapore, the Group has a leading presence in seven markets under the brands Carousell, Cho Tot, Laku6, Mudah.my, OneShift, and Refash, serving tens of millions of monthly active users. Carousell is backed by leading investors including Telenor Group, Rakuten Ventures, Naver, STIC Investments, 500 Global and Peak XV Partners (formerly known as Sequoia Capital India). Visit for more information.

The Hong Kong Institute of Surveyors Property and Facility Management Division Conference 2023 “Explored the Next Generation of Smart Property & Facility Management in Greater Bay Area”

HONG KONG SAR – Media OutReach – 22 September 2023 – The Hong Kong Institute of Surveyors Property and Facility Management Division hosted the Annual Conference 2023 at the Chiang Chen Studio Theatre, The Hong Kong Polytechnic University today.

With the theme of “Next Generation of Smart Property & Facility Management in Greater Bay Area”, the conference attracted 230 guests from Hong Kong and the Mainland in attendance. The conference brought together industry experts, practitioners, and academics from across the Greater Bay Area to share insights on industry development and explore the latest strategies for technology applications in property and facility management. Ms Winnie HO Wing-yin, JP, Secretary for Housing, Housing Bureau, The Government of the Hong Kong Special Administration Region of the People’s Republic of China, attended as the Guest of Honour.

Due to the rapid digital innovation and transformation in the construction industry in Hong Kong and the country in the past few years, exploring the smart technology adoption in property and facility management would be important to facilitate smart city development and improve the living quality.

Meanwhile, the rising demand for property management and infrastructural development in The Greater Bay Area has brought new industry dynamics. With the support of the Guangdong Property and Facilities Management Association of the Greater Bay Area, Guangzhou Property Management Association and Shenzhen Property Management Industry Association, the expert and industry leaders in the Mainland engaged in fruitful discussions with the local speakers and participants to forge the industry development in the future.

Ms Winnie HO Wing-yin, JP, Secretary for Housing of HKSAR Government mentioned in her opening address, “Embracing innovation and collaboration is crucial for improving the quality and efficiency of our property and facility management services. The Housing Bureau has been integrating innovative technology in construction and management services to improve efficiency, quality, safety and sustainability while reducing waste and pollution. The conference today offers a platform to leverage strengths, share best practices, and explore smart solutions in smart property and facility management in the Greater Bay Area, aligning with the government’s Smart City blueprint.”

The conference comprised eight presentations and two panel discussions. Hosted by Sr Prof HUI Chi Man Eddie, MH, JP, Professor of Department of Building & Real Estate, The Hong Kong Polytechnic University; Vice Chairman of Property Management Services Authority, Past Chairman of The Hong Kong Institute of Surveyors – Property and Facility Management Division and Prof. CHAN Yuk-kit, James, MH, JP, Managing Director of Charterwealth Professional Limited, twelve industry leaders were invited to explore the current opportunities and challenges of smart technology adoption in property and facility management and share their visions for technology adoption within the Greater Bay Area over the next ten years.

Sr Paul WONG Kwok-leung, President of the Hong Kong Institute of Surveyors, noted, “the conference theme, The Next Generation of Smart Property and Facility Management in Greater Bay Area, could not be more apt in resonating with our mission and vision. As we step into an era of unprecedented technological advancements, it is imperative that we leverage our expertise to shape a future that is not only smart but also user-centric and age-friendly.”

Sr Charles HUNG Chuen-ka, Chairman of the Property and Facility Management Division of the Hong Kong Institute of Surveyors, noted, “Property and Facility Management is renowned as one of the indispensable professions in supporting the core business of the organisations as well as our living. Our profession has been widely recognized locally and internationally. It’s time to explore how to leverage our advantages to enhance service quality with technologies and create synergies with the professionals in the Greater Bay Area to elevate the excellence of the property and facility management. ”

Sr Louis LEE Man-ho, Organising Committee Chairman of the Property and Facility Management Conference 2023, stated in his closing speech, “With over 230 participants joining from 44 supporting organisations ranging from HKSAR government, professional institutions in the Greater Bay Area, today’s conference is a benchmark event in showcasing the synergy and technology adoption in the Greater Bay Area. We will continue collaborating with government and industry to advance industrial practices and standards through different activities and collaboration in the Greater Bay Area.

List of Speaker and Presentation Topic (in order of speech delivery):

Sr Paul WONG Kwok-leung
President, The Hong Kong Institute of Surveyors
Welcome Speech
Sr Charles HUNG Chuen-ka

Chairman, Property and Facility Management Division, The Hong Kong Institute of Surveyors

Opening Remarks
Ms Winnie HO Wing-yin, JP

Secretary for Housing, Housing Bureau, The Government of the Hong Kong Special Administration Region of the People’s Republic of China

Keynote Speech by Guest of Honour
Sr Hon Tony TSE Wai-chuen, BBS, JP

Founding President of Guangdong Property and Facilities Management Association of the Greater Bay Area and Legislative Council Member (Architectural, Surveying, Planning, and Landscape), Legislative Council of The Hong Kong Special Administration Region of The People’s Republic of China

The Challenges for Smart Property and Facility Management
Mr LI Yongxin

President of Guangzhou Property Management Association &

Mr CHEN Zuoqin

Deputy General Manager of Guangzhou Yuexiu Services Group Limited and Director of the Digital and Intelligence Committee of Guangzhou Property Management Association

The Practice of Smart Property and Facility Management
Mr Nixon CHAU

Managing Director & General Manager

SenseTime Hong Kong

Artificial General Intelligence (AGI) Innovation for Inclusion: Accelerating the Transformation of Property & Facility Management
Ar. Donald CHOI Wun-hing, JP,

Executive Director & Chief Executive Officer, Chinachem Group

ESG – The Soul of Corporation
Mr CHEN Yaozhong

Vice President of the Shenzhen Property Management Industry Association &

Mr CHEN Haizhao

Secretary of the Party Committee and Managing Director of China Merchants Property Operation

The Core of Integrated Facility Management Business – Creating Value for Clients
Mr Arthur LEE Hok-yin

Assistant Director/3, Electrical & Mechanical Services Department, The Government of the Hong Kong Special Administration Region of the People’s Republic of China

Shaping Smart Facility Management with BIM-AM & IoT
Ms Bella CHHOA

Director – Asset Management, Sino Land Company Limited

Enhancing Customer Journey through Innovation
Mr IP Siu-chuen

Director, Hong Yip Service Company Limited

An Uplift of Intelligent Property Facility Management for Enjoyment of Smart Service and Quality Lifestyle
Sr Louis LEE Man-ho

Organising Committee Chairman of the HKIS – Property and Facility Management Division Conference 2023

Closing Remarks

Conference Booklet is downloadable here.

High-resolution event photos are downloadable here.

Photo Caption:

001 Ms Winnie HO, JP, Secretary for Housing, Housing Bureau, The Government of the Hong Kong Special Administration Region of the People’s Republic of China (6th from right), Sr Paul WONG, President, The Hong Kong Institute of Surveyors (5th from right), Sr Charles HUNG, Chairman, Property and Facility Management Division, The Hong Kong Institute of Surveyors (6th from left), Sr Louis LEE, Organising Committee Chairman of the HKIS – Property and Facility Management Division Conference 2023 (5th from left), Mr LI Yongxin, President of Guangzhou Property Management Association (4th from right), Sr Hon Tony TSE, BBS, JP, Founding President of Guangdong Property and Facilities Management Association of the Greater Bay Area and Legislative Council Member (Architectural, Surveying, Planning, and Landscape), Legislative Council of The Hong Kong Special Administration Region of The People’s Republic of China (4th from left), Mr CHEN Zuoqin, Deputy General Manager of Guangzhou Yuexiu Services Group Limited and Director of the Digital and Intelligence Committee of Guangzhou Property Management Association (3rd from right), Mr CHEN Haizhao, Secretary of the Party Committee and Managing Director of China Merchants Property Operation (3rd from left), Mr Nixon CHAU, Managing Director & General Manager, SenseTime Hong Kong (2nd from right), Ar. Donald CHOI, JP, Executive Director & Chief Executive Officer, Chinachem Group (2nd from left), Sr Prof Eddie HUI, MH, JP, Professor of Department of Building & Real Estate, The Hong Kong Polytechnic University; Vice Chairman of Property Management Services Authority and Past Chairman of The Hong Kong Institute of Surveyors – Property and Facility Management Division (1st from right) and Prof James CHAN, MH, JP, Managing Director of Charterwealth Professional Limited (1st from left) at the Hong Kong Institute of Surveyors – Property and Faculty Management Division Conference 2023.
002 Ms Winnie HO Win-yin, JP, Secretary for Housing, Housing Bureau, The Government of the Hong Kong Special Administration Region of the People’s Republic of China
003 Sr Paul WONG Kwok-leung, President of the Hong Kong Institute of Surveyors delivered the welcome speech.
004 Sr Charles HUNG Chuen-ka, Chairman of the HKIS Property and Facility Management Division delivered the opening speech.
005 The conference drew over 230 industry professionals across the Greater Bay Area.

Hashtag: #TheHongKongInstituteofSurveyors

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

About the Hong Kong Institute of Surveyors

The Hong Kong Institute of Surveyors (HKIS) is the only surveying professional body incorporated by ordinance in Hong Kong. As of 8 August 2023, the number of members reached 10722, of which 7683 were corporate members, 55 were associate members and 2984 were probationers and students. HKIS work includes setting standards for professional services and performance, establishing codes of ethics, determining requirements for admission as professional surveyors, and encouraging members to upgrade skills through continuing professional development.

The Institute has an important consultative role in government policy making and on issues affecting the profession. We have advised the government on issues such as building safety and unauthorized building works, problems of property management, town planning and development strategies, construction quality, construction costs and housing problems. We have also issued guidance notes on floor area measurement, real estates valuation and land boundary survey, etc.

Please visit our official website:

Facebook Page:

BingX Release new BRC20 token SATSUSDT onto trading platform

SINGAPORE – Media OutReach – 22 September 2023 – BingX, a leading cryptocurrency trading platform, is once again the first to announce the listing of SATS-BRC20, an innovation in the Bitcoin ecosystem. Starting from September 22, 2023, 08:00:00 (UTC+0), BingX users will be able to trade SATS with the SATS/USDT trading pair. For updated SATS Price head over to BingX Prices page.
Just earlier this year, the cryptocurrency world was abuzz with the introduction of BRC-20 tokens, a new token standard that brought fungible tokens to the Bitcoin blockchain. Created by an anonymous on-chain analyzer named Domo, BRC-20 tokens have been hailed as a significant watershed moment for Bitcoin, expanding its utility beyond just a digital currency. As of May 2023, a remarkable 14,300+ different tokens have been minted using the BRC-20 standard, signaling its rapid adoption and the high level of interest it has garnered.

Trading Details

  • Asset: SATS
  • Trading Pair: SATS/USDT
  • SATS Deposit Time: September 25, 2023, 08:00:00 (UTC+0)
  • SATS Withdrawal Time: September 25, 2023, 08:00:00 (UTC+0)
  • Smart Trading: BingX Spot Grid and Spot Infinity Grid will list SATS for users to enjoy smart trading of tokens.

Why Trade SATS-BRC20 on BingX?

  1. Enhanced Liquidity: BRC-20 tokens contribute to increased market liquidity, making trading more efficient.
  2. Interoperability: Built on the Bitcoin blockchain, SATS-BRC20 can seamlessly interact with other Bitcoin-based applications and services.
  3. Decentralization: Aligning with the core principles of blockchain technology, SATS-BRC20 offers users ownership and control over their assets without relying on intermediaries.

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BingX is a leading cryptocurrency exchange offering spot, derivatives, grid, and copy trading services to users in over 100 countries and regions worldwide. With a user base of over 5 million, BingX facilitates connections between users, expert traders, and the platform itself in a secure and innovative manner. with BingX and start trading.

ESG Achievement Awards 2022/2023 winners presented Practices in sustainable development highlighted and pioneers commended

HONG KONG SAR – Media OutReach – 22 September 2023 – Founded by the Institute of ESG & Benchmark (IESGB) and co-organised by the Institute of Financial Technologists of Asia (IFTA), the ESG Achievement Awards 2022/2023 (Awards) Ceremony Luncheon was held at the JW Marriott Hotel Hong Kong today. The Awards celebrates the outstanding contribution of 59 winning organisations in promoting sustainable development, fulfilling social responsibilities and delivering excellent corporate governance under 9 awards categories.

ESG Achievement Awards has earned public recognition over the last two years, with keen participation from businesses and organisations from a broad spectrum of disciplines and sizes covering listed companies, non-listed companies and non-government/profit organisations. The Awards honours the hard work and achievements of organisations which have innovated and implemented good ESG practices. Themed “ESG Champions: Pioneering Sustainable Development” in its third edition, the Awards aims to celebrate businesses, individuals, and non-profit organisations who have integrated ESG practices at every level of their operation under 9 different categories. As companies with good ESG performance usually out-compete its peers, the “Outstanding Sustainability Dividend Award” has continued this year to recognise companies persistently delivering excellent corporate governance and sustainable development.

Guest of Honour of the Ceremony Mr Joseph Chan JP, Under Secretary for Financial Services & the Treasury of the Hong Kong SAR Government shared in his welcome speech, “Hong Kong, with its open and internationalised market market, robust infrastructure, a regulatory regime aligned with major overseas markets, the rule of law, and a rich pool of professional talents, not only has the potential, but also the responsibility to lead the region in green finance. As an international financial centre, Hong Kong is already leading on various leagues’ tables in the region, including arranging Asian international bonds, insurance density, scale of asset and wealth management business, as well as offshore RMB liquidity pools and payments. Therefore, Hong Kong is wellpositioned to be the premier green finance centre of Asia.”

Mr Paul Pong, Co-founder of IESGB said, “COVID-19 epidemic has highlighted the significance of ESG. Increasingly more businesses and investors have recognised and embraced ESG. This has gradually turned into a major business norm. Yet many institutions are still at an exploration stage. Winners of the ESG Achievement Awards possess practical experience and successful cases in sustainable development, and have set exemplars for other companies to set their foot in it. I take this opportunity to thank all winners for their contribution and congratulate them on their achievement.”

Mr Vincent Pang, Chairman of the Awards’ Jury Panel mentions, “The Awards has received enthusiatic response this year with high number of outstanding contesting entries, presenting challenges to the selection process. The rising number of entries is an encouraging testament of ESG practices in the community. I look forward to the participation from more diverse industries and organisations in the future, which will induce great success of ESG development in Hong Kong.”

IESGB is devoted to driving and innovating the delivery of ESG commitment by businesses and stakeholders. This year the Awards has continued to receive generous support from its ESG Data Partner Hang Seng Indexes Company Limited. IESGB aims for this annual awards to be a platform for leaders and industry professionals from various industries to establish themselves as frontiers, as well as achieve compelling ESG results through the exchange of experience and practices. IESGB looks forward to more participation from businesses in the next edition, and will work with the Government to promote ESG in the community.

Results of the ESG Achievement Awards 2022/2023:

Honorary ESG Pioneering Organisation Award
CarbonCare InnoLab Winner
Golden Age Foundation Winner
Outstandinga Sustainability Dividend Award
Canvest Environmental Protection Group Company Limited Winner
Kerry Logistics Network Limited Winner
Sino Land Company Limited Winner
ESG Benchmark Awards
Henderson Land Development Company Limited Diamond
Café de Coral Holdings Limited Diamond
Kerry Properties Limited Diamond
Link Asset Management Limited Platinum
Sino Land Company Limited Platinum
Fosun International Limited Silver
Kerry Logistics Network Limited Silver
Techtronic Industries Company Limited Silver
ESG Benchmark Awards
Outstanding Performance in Environmental Responsibility
Link Asset Management Limited Winner
Outstanding Performance in Social Responsibility
Henderson Land Development Company Limited Winner
Kerry Properties Limited Winner
Outstanding Performance in ESG Governance​
Café de Coral Holdings Limited Winner
Outstanding ESG Awards (Listed Company)
Henderson Land Development Company Limited Diamond
HKR International Limited Platinum
Canvest Environmental Protection Group Company Limited Platinum
Analogue Holdings Limited Platinum
China Overseas Grand Oceans Group LTD. Platinum
Guotai Junan International Platinum
KE Holdings Inc. Platinum
Haitong International Securities Group Limited Platinum
Xtep International Holdings Limited Platinum
Wang On Properties Limited Gold
Yau Lee Holdings Limited Gold
Infinity Development Holdings Company Limited Silver
North Asia Strategic Holdings Limited Silver
Outstanding ESG Awards (Non-Listed Company)
Chinachem Group Diamond
AXA Hong Kong and Macau Platinum
Leo Paper Group (Hong Kong) Ltd. Platinum
Superpower Pumping Engineering Co., Ltd. Gold
Nixon Cleaning Company Limited Gold
Wheelock Properties (Hong Kong) Limited Gold
FTLife Insurance Company Limtied Gold
Crown Gas Stoves (Holdings) Company Limited Gold
Yung Kee Restaurant Group Limited Silver
TOJOY Shared Holding Group Co., Ltd. Silver
Outstanding ESG Awards (NGO/NPO)
Hong Kong Housing Society Diamond
Chinese YMCA of Hong Kong Platinum
The Harbour School Platinum
Ocean Park Hong Kong Gold
Outstanding ESG Product and Service Awards
Llewellyn and Partners Company Limited Distinction
Criteria set by Funds Manager-Distinguished ESG Company
Sino Land Company Limited Distinction
Henderson Land Development Company Limited Distinction
Analogue Holdings Limited Merit
Best Sustainable Vision Award
Sino Land Company Limited Distinction
ESG Learning and Development Award
Sino Land Company Limited Merit
Aqua Green Limited Merit
ESG Innovative Project Award
Sino Land Company Limited Distinction
Henderson Land Development Company Limited Distinction
Yau Lee Holdings Limited Distinction
Chinachem Group Merit
Analogue Holdings Limited Merit
Link Asset Management Limited Merit
ESG Elite Award
Value Partners Distinction
TOJOY Shared Holding Group Co., Ltd. Merit

For more information on the ESG Achievement Awards 2022/2023, please visit www.iesgbawards.org.
For the Awards Presentation Ceremony images, please click HERE.

Hashtag: #IESGB

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

About IESGB

Institute of ESG & Benchmark (IESGB) is a non-profit organisation. Its endeavors is to elevate stakeholders’ awareness and knowledge towards Environmental, Social and Governance (ESG) in all industry sectors. By organising Environment, Social and Governance relevant trainings and events, IESGB hopes to lead and strengthen the ESG standards and development across Hong Kong.