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Major Automotive Themed Event in Town International MotorXpo (IMXpo) 2023 Returning in December

HONG KONG SAR – Media OutReach – 20 September 2023 – International Motor Show (HK) Management Limited (IMSML) is pleased to announce the return of its highly anticipated automotive event, International MotorXpo Hong Kong (IMXpo, originally known as IMXHK) 2023, following the success of its previous two editions. From 14 to 17 December 2023, the four-day event will take place at the AsiaWorld-Expo, showcasing the very unique car culture of the city, the oldest and the latest car models, in addition to other relevant products and services. This year’s event will be co-organised by the China Association of Automobile Manufacturers (CAAM) and the Chinese Culture Institute (CCI).

IMXpo Photo.jpeg

IMXpo 2023 endeavours to promote automotive culture, history, education and the latest technology, providing an unparalleled opportunity for industry leaders, manufacturers, and consumers to connect and engage in a comprehensive exposition.

Under the theme of “Mobility+”, the year’s event will offer a diverse range of activities and exhibits, including the “Chinese EV Pavilion” where the most significant EV models of Mainland China will be presented, “Hong Kong Autofest”, a car culture festival area featuring JDM cars and collector cars, the “Supercar Zone” showcasing stunning car art and design, and the fun-filled “IMX CARnival”. There will also be exhibitors of international motor brands as well as auto products and services.

According to Carmen Au Yeung, Co-founder of IMSML, “We are excited to bring back our highly anticipated automotive event, which will once again offer visitors a diverse range of activities and exhibits to enjoy. With the ‘Mobility +’ theme, we aim to build an auto-themed event which is unlike any other car shows in the region. We focus on presenting the very unique car culture of the city, which has been heavily influenced by Japanese and Western car history and trends.”

She also extended her warmest welcome to CAAM and CCI as this year’s Co-organisers this year. IMXpo 2023 marks the first-ever motor show outside Mainland China to involve CAAM as a co-organiser. Fu Bingfeng, Executive Vice President and Secretary-General of CAAM, stated, “With its extensive overseas network and well-established financial system, Hong Kong plays a key role in promoting trade and financing of electric vehicles of the Mainland. As a platform with unique value for technology display, brand promotion and business exchanges, IMXpo will help position Hong Kong as a bridgehead for car manufacturers of Mainland China to open up the Southeast Asian, Belt and Road and European markets. We believe that Hong Kong can contribute to bringing Chinese electric vehicles to the world.”

As part of IMXpo this year, an international forum on “Exports and Investment Hotspots of New Energy Vehicles” will be held, exploring the strategic functions and positioning of Hong Kong in supporting Chinese new energy vehicles “going global”. The forum will be attended by senior Government officials, influential industry players, scholars and business leaders.

Jiang Zenghe, President of CCI, expressed his high expectation for the three-party-partnership, stating that Hong Kong’s status as an international financial centre would be further strengthened through this new role. “Overseas buyers and potential business partners could come to Hong Kong to witness the development of Chinese electric vehicles. Hong Kong should also take pride in the progress of vehicle electrification in Mainland China and explore any possible cooperation opportunities,” he added.

In addition to the B2B elements, IMXpo is an annual iconic event for car lovers and families. The exciting highlights of IMXpo 2023 include:

  1. Supercar Zone: Showcasing some of the world’s most luxurious and high-performance vehicles;
  2. Hong Kong Autofest: Featuring a classic MINI show, Unprohibited! for Japanese modified cars, and a Car Part Museum.
  3. Parts, Accessories, and Services Avenue: Providing a platform for manufacturers and suppliers to showcase their after-sales products and services.
  4. IMX CARnival: Offering a range of exciting activities, such as the Toycar Salon, International E-sports Race, Remote Car Competition, and the presence of three hand-made wooden supercars from Vietnam.
  5. Chinese EV Pavilion: Showcasing the latest developments in electric vehicle models and technology;
  6. International Show Room: Featuring a variety of vehicles from around the world;
  7. Fete Two Wheels: Presenting a wide variety of motorbikes.

IMXPO 2023 promises to be an unforgettable experience for automotive enthusiasts, industry professionals, and families alike. With its diverse range of activities and exhibitions, the event offers something for everyone. Don’t miss out this automotive extravaganza! We invite you to join us and experience IMXpo 2023.

Hashtag: #IMXpo

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

International Motor Show (HK) Management Limited

International Motor Show (HK) Management Limited is comprised of members from a wide range of backgrounds. Senior personnel are experts in exhibitions and conventions, mega show and auto sports management, marketing, and promotions, from all over the world. They have extensive experience in organising international mega-events, including the famous Bologna Motor Show in Italy, Hong Kong Jewellery & Gem Fair, regional large-scale celebratory activities and auto-related races. Some had also taken up senior positions at the headquarters of famous car manufacturers, and possess close connections with famous designer brands.

China Association of Automobile Manufacturers

Founded in Beijing in the May of 1987, China Association of Automobile Manufacturers (CAAM) was registered in the Ministry of Civil Affairs on Nov. 28, 1991. CAAM is a self-discipline and non-profit social organisation formed based on the principle of equality and voluntariness, which consisting of enterprises and institutions as well as organizations engaged in production and management of automobiles, auto parts and vehicle-related industries founded within the boundaries of the People’s Republic of China.

CAAM is a permanent council member of the International Organisation of Motor Vehicle Manufacturers (OICA). As a national industry organisation, CAAM is committed to providing support and services to the Government, industry and enterprises, serving as a bridge and link to promote the sustainable development of the automotive industry.

Chinese Culture Institute

The Chinese Culture Institute was established in Hong Kong by China Peaceful Development General Summit of Hong Kong, Macao, Taiwan Diaspora Co. Ltd. Its Board of Directors is composed of elites from the overseas Chinese community as well as political and business elites. Lo Man-tuen, Grand Bauhinia Medal Awardee and Vice Chairman of the All-China Federation of Returned Overseas Chinese, serves as the Chairman of the Board of Directors. CCI adheres to its founding purpose and provides professional training, high-end think tanks, and cultural, economic, and trade education exchange services. At the same time, it also assists local governments, state-owned enterprises, and private enterprises to gain an in-depth understanding of the national conditions of other countries, especially countries along the “Belt and Road”, and actively build bridges for Chinese enterprises to “go global.”

De Beers Research Insights Highlight Opportunities for Long-Term Diamond Jewellery Demand Growth In China

HONG KONG SAR – Media OutReach – 20 September 2023 – De Beers Group today released its tenth annual Diamond Insight Report, focusing on the outlook for diamonds in China and how the industry can support long-term demand for natural diamonds in the country.

While consumer demand for diamond jewellery in China has softened in recent years following the COVID-19 pandemic and subsequent macroeconomic challenges, the report highlights the potential for greater demand as the economic outlook improves – with up to 200 million Chinese consumers set to enter the middle class by 2030 and an expected rise in household disposable income of more than a third over the same period – as well as how best to cater to the needs of different Chinese consumer groups.

The report reveals that while desirability for natural diamonds remains strong among Chinese end clients, ranking among the top three most desired luxury purchases, there is a gap between intent to acquire and actual acquisition rates. This gap represents an opportunity for the diamond industry which can be captured by responding to the consumer insights contained in the report.

The report identifies several specific opportunities for the diamond trade in relation to different consumer groups, geographies and retail approaches in China. Key insights include:

Millennials:

  • Millennials are the generation that spends disproportionately more than others on diamond jewellery. Younger Millennials prize quality/purity as the most important feature they seek from diamond jewellery, followed by the size and cost of the piece. Design and colour also play a significant role in their decision-making. For older Millennials, design and size take priority, closely followed by purity and price. For both groups, the uniqueness of a piece and the ethical responsibility of the brand are also factors. Retailers should therefore focus on a strong design ethos with top-quality diamonds and competitive pricing, while ensuring they communicate their commitment to ethical practices.

Gen Z:

  • The share of market value Gen Z represents almost doubled between 2020 and 2022, from five per cent to nine per cent of sales. Gen Z are characterised by greater use of digital media, heightened interest in sustainability considerations, a continuing journey to financial maturity and a propensity to purchase diamonds to mark birthdays. Retailers can maximise the potential of the Gen Z demographic by establishing strong digital touchpoints, showing their alignment to Gen Z values, launching flexible payment options or offering lower-priced entry-level pieces, and offering special birthday promotions or personalised pieces that make for unique birthday gifts.

Affluent consumers:

  • Affluent consumers are more likely to buy diamond jewellery to celebrate significant relationship milestones, particularly wedding anniversaries. However, they are selective in their choices, with design playing a pivotal role. One in four of those who did not purchase diamond jewellery in 2022 stated that they couldn’t find a design they liked. This may help explain the gap between the strong desire for diamond jewellery among affluent consumers and their actual acquisition – as such, a greater focus on designs that reflect this group’s preferences can present an area of opportunity.

Further growth opportunities:

  • The 55-65 age group:
    • The 55-65 age group is an important and growing cohort, contributing approximately nine per cent of the total market value in Tier 1-3 cities. The self-purchase behaviour of the 55-65 age group is particularly noteworthy. This demographic does not shy away from rewarding themselves with diamond jewellery (29 per cent vs 17 per cent for 18-54). In terms of product preference, this group shows a clear inclination towards necklaces and non-bridal rings.

  • Tier 4 cities:
    • The estimated market value of Tier 4 cities stands represented about 10 per cent of total demand for diamond jewellery in 2022. Diamond jewellery acquisitions in Tier 4 cities are more likely to be non-bridal (85 per cent of pieces) and gifted (88 per cent of pieces), with more than a third of acquisitions (35 per cent) being for wedding anniversaries, compared with a quarter in Tiers 1-3.

Al Cook, CEO, De Beers Group, said: “De Beers Diamond Insight Reports draw on our unique understanding of diamonds, developed over our long history. And there is no country where history has moved as fast as China. From being a relatively small player on the world diamond stage at the end of the last century, China now represents the largest market for diamond jewellery outside the United States. So, our aim for this, our tenth Diamond Insight Report, is to focus on China. We aim to look at its development, to cut through short-term volatility, to understand evolving customer desire for jewellery and to identify opportunities for the future.”

The report also includes the annual diamond value chain dashboard, containing authoritative data on the performance of the diamond industry’s upstream, midstream and downstream segments in 2022.

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Website: www.debeersgroup.com

Hashtag: #DeBeers #naturaldiamonds

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

About De Beers Group

Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of the De Beers Group strategy as it develops its portfolio of brands, including De Beers Jewellers and Forevermark, and other pioneering solutions, such as recently launched diamond sourcing and traceability initiatives GemFair and Tracr. De Beers Group employees are committed to ‘Building Forever,’ a holistic and integrated approach for creating a better future – one that is fairer, safer, cleaner and healthier; where safety, human rights and ethical integrity continue to be paramount; and where communities thrive and the environment is protected. De Beers Group is a member of the Anglo American plc group. For further information, visit .

Bybit and Paradigm Launch Promotion Offering Pro5 Fees for New Options Traders

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 20 September 2023 – Bybit, the world’s third most visited crypto exchange, has partnered with Paradigm, the largest institutional liquidity network for crypto derivatives traders, to introduce a fee-slashing promotion for new and professional options traders.

The collaboration between Bybit and Paradigm aims to attract new professional options traders to Bybit’s platform, as part of the exchange’s efforts to enhance its offerings for institutional participants. Traders will benefit from Paradigm’s block trading expertise and Bybit’s seamless trading environment.

The promotion focuses on accessibility and competitive fee structures. New users need only complete one trade of any size to participate. Eligible traders will enjoy Bybit’s most competitive ‘Pro5’ fee rate across options, perpetual contracts, and spot trading until October 11. Additionally, traders achieving $10 million in options taker volume via Paradigm by October 11 will be eligible for an extended discounted fee period.

Bybit’s options market provides flexibility with daily, weekly, monthly and quarterly expiries on BTC and ETH. Its trading platform delivers robust functionality, world-class infrastructure, and deep liquidity.

“We are excited to collaborate with Paradigm to introduce this exclusive promotion for institutional option traders.” said Ben Zhou, co-founder and CEO of Bybit. “We remain committed to powering innovation and offering sophisticated trading tools for institutions. This collaboration further strengthens our position as a leading player in the crypto derivatives market.”

“Bybit and Paradigm share an unwavering commitment to serving our institutional customers over the long haul,” said Anand Gomes, co-founder and CEO of Paradigm. “Our collaboration is a testament to our dedication to simplifying the path for institutions venturing into the world of crypto. Together, we pave the way for a future where accessibility and innovation converge.”

Hashtag: #Bybit #TheCryptoArk

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

Bybit

is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

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Know Your Customer’s Company Registry Solution Now Available Through HKMA’s Commercial Data Interchange

HONG KONG SAR – Media OutReach – 20 September 2023 – Know Your Customer, a leading RegTech provider specialised in Business KYC verification, is delighted to announce the addition of its solution to the Hong Kong Monetary Authority’s (HKMA) Commercial Data Interchange (CDI). This collaboration is the latest milestone in the HKMA’s strategy to foster more efficient financial intermediation in the banking system and promote financial inclusion in the region.

The CDI represents a cutting-edge financial data infrastructure that eliminates the need for multiple one-to-one connections between banks and data providers. Through CDI, each bank and data provider establishes a single connection, streamlining data sharing at unprecedented levels.

Know Your Customer’s pivotal role within CDI is to provide seamless and automated access to the Hong Kong Companies Registry (HKCR) and Inland Revenue Department (IRD), as well as to a global network of official registries across 130+ countries worldwide. Know Your Customer’s proprietary technology empowers compliance teams at banks and regulated institutions with real-time access to official company documents, including certificates of incorporation and annual returns. Furthermore, the solution intelligently reads and extracts all shareholder and company details from company documents as structured data, thereby accelerating entity structure mapping and ultimate beneficial owner (UBO) identification for anti-money laundering purposes.

By adopting Know Your Customer through CDI, financial institutions in Hong Kong can significantly enhance the efficiency and accuracy of their Know Your Business (KYB) and UBO checks. This transformative integration paves the way for digital transformation, facilitating a superior customer experience for both local small and medium-sized enterprises (SMEs) and large multinational corporations (MNCs).

Claus Christensen, CEO & Co-Founder of Know Your Customer, expressed his enthusiasm for the strategic potential of RegTech adoption in the financial services sector, particularly within HKMA’s forward-thinking approach. He stated:
“The CDI is just one of the many tangible and proactive initiatives taken by the regulator to drive RegTech adoption across the industry. Myself and the entire team at Know Your Customer are eager to contribute to helping banks strengthen their internal compliance processes and embrace digital transformation in the critical areas of business verification and onboarding.”

The integration of Know Your Customer with HKMA’s Commercial Data Interchange signals the importance of real-time registry access and primary source data to ensure on-going compliance in the eyes of the regulator. As Know Your Customer continues to lead the way in high-quality compliance solutions, this partnership stands as a testament to the banking sector’s commitment to concrete innovation and measurable progress.
Hashtag: #KnowYourCustomer #RegTech #HKMA #KYC #KYB #CompanyRegistry #HKCR #HKIRD #AML

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

About Know Your Customer

Know Your Customer is an award-winning RegTech company specialised in next generation business verification solutions for financial institutions and regulated organisations worldwide.

For teams that are struggling with inefficient client due diligence and onboarding processes, Know Your Customer provides a modular compliance solution that combines the most intuitive digital workspace on the market with unmatched real-time registry data, seamless integrations and smart automation to transform the essence of the compliance function at its core. The products’ modular design enables efficient customisation, as clients can select and implement only the functionalities they really need, all available via Rest API.

Elephant Calf Born in Laos Signifies Progress in Conservation Efforts

Elephant Calf Born in Laos Signifies Progress in Conservation Efforts
The elephant calf along with the mother in it's natural habitat. (Photo: ECC)

After 21 months of gestation, a calf elephant was born into the wild, under the watchful eye of the Elephant Conservation Center (ECC) in Laos, signifying forward strides in the field of elephant conservation and breeding in the country.

Southco Launches A New Wireless Access System With The Keypaniontm(TM) App

HONG KONG SAR – Media OutReach – 20 September 2023 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has launched a new wireless access system featuring the Keypanion app, a revolutionary smart access app that lets users wirelessly actuate latches from their smartphones. The app replaces physical keys, which can be lost or stolen, with a convenient, intuitive system that is easy to install and manage. While other remote or electronic access systems may require a full security system, this system removes that barrier to entry with a setup process as easy as creating an account and connecting a Southco Bluetooth® controller to one of many compatible latches. Access to these latches can also be shared with other accounts so users can be certain that only the right people can unlock their device at all times. The Keypanion app provides an easy way for anyone to step into the next generation of electronic access.

Southco’s Bluetooth Controller and the KeypanionTM App
Southco’s Bluetooth Controller and the KeypanionTM App

The Keypanion app was born from a desire to reduce dependency on physical keys. They can be difficult to keep track of, and can be lost, stolen, or damaged. The app removes this uncertainty and hassle with a system that is easy to set up and use no matter the user’s technological knowledge. Users can easily set up their smart access system by downloading the Keypanion app, creating an account, and registering any compatible Southco latch. After registering, users have peace of mind knowing that their devices are secure, and no one will gain access without their permission.

If users do need to share access to their latches, it is even easier than handing someone a physical key. Users can freely share access with other accounts from anywhere in the world with the push of a button in the app. They can also set this access to expire after a set period of time to ensure that others only have access when they need it. This sharing method is more secure than lending out physical keys, which can be lost, stolen, or damaged in the process. With the Keypanion app, you can see who has access to your devices any time, and instantly grant or revoke a user’s access. Convenience is a major focus of the Keypanion app, and its sharing functionality ensures that the right people will always have access to a device at the right times.

However, convenience is not the only focus of the Keypanion app. Security is a top priority for all users, and the app heightens security beyond simply replacing physical keys. As long as a device with the Keypanion app is near your latch, you will be able to see if it is open or closed. This status also comes with a timestamp so there is no confusion around when it was last updated. Users can also view a device’s history for up to fourteen days, to see which accounts have accessed the device, and when.

These features make the Southco wireless access system a convenient first step for anyone looking to upgrade to electronic access. The combination of the Keypanion app, Southco Bluetooth controller, and compatible latch requires no dedicated IT team to set up, and with a smartphone nearby, the system is always easy to use. The Keypanion app replaces physical keys, so there is no risk of one being lost or stolen, and provides additional security benefits such as timed access sharing and status monitoring. The world of smart access is just getting started, and the Keypanion app is leading the way.

For more information about the Southco wireless access system featuring the Keypanion app, visit southco.com/keypanion or email Southco’s 24/7 customer service department at info@southco.com.

Hashtag: #southco #keypanion #bluetooth #securitysystem #electronicsolutions

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

About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

Southco Asia Limited
2401, Tower 2, Ever Gain Plaza
88 Container Port Road, Kwai Chung
Hong Kong

HSBC, Daiwa Capital Markets and Essence International Reiterate “Buy” Rating on Fosun International

HONG KONG SAR – Media OutReach – 20 September 2023 – Fosun International Limited (HKEX stock code: 00656, “Fosun International” or the “Company”), together with its subsidiaries (“Fosun” or the “Group”), announced its 2023 interim results at the end of August. After a number of investment banks such as Goldman Sachs and Citi assigned the Company a “Buy” rating, HSBC, Daiwa Capital Markets and Essence International have successively published research reports recently, reiterating their “Buy” rating on Fosun International. HSBC, Daiwa Capital Markets and Essence International have assigned the Company target prices of HK$8.1, HK$7.7, and HK$7.5 respectively, with approximately 60% upside or more.

HSBC expressed its bullish view on Fosun’s steady core business recovery. With gold prices staying at a high price level and worldwide travel restrictions lifted, the firm expects Fosun Tourism Group under the Group’s Happiness segment to see an extended earnings recovery within the year. Taking Club Med as an example, the firm pointed out that the occupancy rate of Club Med has returned to pre-COVID-19 levels. In the first half of 2023, the business volume of Club Med amounted to approximately RMB7.94 billion, representing a year-on-year increase of 32.2%, and reaching to 119.6% of that of the same period of 2019; the capacity of Club Med increased by approximately 13.4% as compared to that of the same period of 2022, and recovered to 99.2% of that of the same period of 2019.

In addition, HSBC is also optimistic about Fosun’s profitability of the Health segment, especially Fosun Pharma saw its 2023 interim net profit up 15.7% year-on-year with its new products maintaining sales growth. The firm believes that the Health segment will continue on a stable growth pace. According to Fosun Pharma’s press release, in the first half of 2023, a number of innovative products and indications self-developed and co-developed by Fosun Pharma were approved for launch, further expanding the innovative product portfolio, contributing to the continuous optimization of product structure and maintaining rapid growth of revenue from innovative products. Among them, revenue from HANSIZHUANG which was approved for launch in March 2022 achieved RMB556 million in the first half of 2023, entering the “speeding up period” of commercialization. Revenue from HANQUYOU increased by 57.1% period-on-period, while revenue from SUKEXIN increased by 32.7% period-on-period.

Essence International expressed its bullish views on Fosun’s Health segment for its global expansion and innovation-driven strategies, as well as its strong recovery of Happiness segment. The firm also pointed out that the scale of Fosun’s insurance business under the Wealth segment has been steadily expanding, with its investable assets remaining stable and profitability continuing to improve. In the first half of 2023, Fosun Insurance Portugal’s total gross written premiums (“GWP”) were approximately EUR2.65 billion, maintaining its leading position in the Portuguese market with a 30% market share in Portugal. Fosun Insurance Portugal also actively expanded its non-domestic businesses, resulting in rapid growth in its international business. In particular, it achieved substantial business growth in Latin America: premium income in Peru and Bolivia came in at RMB816 million and RMB200 million respectively, representing an increase of 61% and 43% compared to the same period of last year. German private bank HAL’s gross income increased by 24% year-on-year to EUR224 million, with total assets reaching EUR13.3 billion, reflecting the high quality operation of the Group’s Wealth segment.

It is worth noting that HSBC, Daiwa Capital Markets and Essence International unanimously pointed out that Fosun continued to optimize its capital and asset structure, put greater efforts in the disposal of non-strategy and non-core assets, and actively explored financing channels, thereby maintaining ample liquidity. In the first half of 2023, cash inflow from divestment amounted to more than RMB20.0 billion at the consolidated level. In January 2023, Fosun High Technology successfully entered into a syndicated loan agreement for an amount of RMB12 billion with eight domestic banks, attesting to the domestic banking institutions’ firm support for the development of private enterprises. In the first half of 2023, the Group has navigated through the “maturity wall”, as of 30 June 2023, the Group had no material offshore bonds due in one year.

Looking ahead to Fosun International’s future performance, as major factors affecting the share price have already been reflected, the Company’s current valuation is attractive, thus securities firms and investment banks have recommended investors to buy the Company’s shares.

Hashtag: #Fosun

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

Cambodia Men’s Water Polo Team Boosts Skills with Singapore Training Session

Collaborative effort by the Khmer Swimming Federation, the Singapore Swimming Association, and Prince Foundation nurtures the newly formed team.

PHNOM PENH, CAMBODIA – Media OutReach – 20 September 2023 – The Cambodia Men’s National Water Polo Team successfully completed a week-long training session in Singapore from September 10 to 15, 2023. The team underwent intensive training with the Singapore Men’s National Water Polo Team, gaining exposure to advanced training models and insights from one of the strongest water polo teams in Southeast Asia.

(updated) Cam Water Polo X SG Water Polo team - Copy.png

This initiative was made possible through a joint effort between the Khmer Swimming Federation (KSF), Singapore Swimming Association, and Prince Foundation, with generous support from Cambodia Airways. A 12-player team and their coaches from Cambodia trained in Singapore, engaging in sparring sessions with the Singapore National Youth Water Polo team and the Singapore Sports School team. Additionally, they had the opportunity to explore local tourist attractions during their free time.

Mr. Gabriel Tan, Chief Communications Officer of Prince Holding Group, expressed optimism about the training trip. “This collaboration not only promotes sportsmanship but also fosters relations at the grassroots level. We are delighted to offer our support to the Cambodian team as part of our ongoing commitment to uplifting communities and sporting talents,” said Mr. Tan.

Mr. Kiry Hem, Secretary General of the Khmer Swimming Federation (KSF), highlighted the significance of the training. “The trip to Singapore is a momentous one for our young water polo team. Gaining hands-on experience with a team of Singapore’s caliber is invaluable. This kind of international exposure will be instrumental in boosting our team’s performance in future competitions,” stated Mr. Hem.

During the training, the Cambodian team had the unique opportunity to learn from Singapore’s training model and ecosystem. This collaborative effort aims to create a sustainable interest in water polo and provide Cambodian players with opportunities to enhance their skills and strategies.

In the recently concluded 32nd SEA Games, the Singapore men’s national water polo team clinched the gold medal, while Thailand and Indonesia settled for silver and bronze, respectively. Despite not earning a medal this year, the Cambodian team showed promising potential, considering they were newly formed for the 2023 SEA Games.

Hashtag: #PrinceFoundation #PrinceHoldingGroup #KhmerSwimmingFederation #SingaporeSwimmingAssociation

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

About Khmer Swimming Federation (KSF)

The Khmer Swimming Federation is the governing body for swimming and water sports in Cambodia. Under Deputy Prime Minister Sun Chanthol’s leadership, the Khmer Swimming Federation is working diligently to revive Cambodian aquatic sports with the hope of ushering in a new golden era for the sport in Cambodia.

About Prince Foundation

Founded by Neak Oknha Chen Zhi, Prince Foundation is the philanthropic arm of Prince Holding Group, committed to building a better future for Cambodia. The Foundation focuses on three core pillars – Education and Youth Empowerment, Community Engagement and Sports, and Healthcare – to drive transformative change and sustainable growth throughout the Kingdom.