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Empowering Clients in ESG Compliance: Crowe Singapore, Donaldson & Burkinshaw and NUS Centre for Governance and Sustainability Forge New Partnership

  • A strategic response to the escalating importance of ESG regulations in Singapore and around the globe, the partnership equips corporates with the knowledge and resources to navigate the increasingly complex ESG regulatory landscape with confidence.

SINGAPORE – Media OutReach – 22 May 2023 – Crowe Singapore is pleased to announce a dynamic partnership with Donaldson & Burkinshaw and the National University of Singapore’s Centre for Governance and Sustainability. This collaboration is a strategic response to the escalating importance of Environmental, Social, and Governance (ESG) regulations in Singapore and around the globe.

The MOU signing ceremony took place on Friday, 19 May 2023 at Donaldson & Burkinshaw's office. (From second left) Professor Lawrence Loh, Director of the National University of Singapore Centre for Governance and Sustainability, Mr. Linus Ng Siew Hong, Partner at Donaldson & Burkinshaw and Mr. Chia Shu Siang, Head of Sustainability & Climate Change at Crowe Singapore signed the MOU. Ms. Gooi Chi Duan, Partner at Donaldson & Burkinshaw (left) and Mr. Alfred Cheong, Deputy Chief Executive Officer at Crowe Singapore (right) witnessed the signing ceremony.
The MOU signing ceremony took place on Friday, 19 May 2023 at Donaldson & Burkinshaw’s office. (From second left) Professor Lawrence Loh, Director of the National University of Singapore Centre for Governance and Sustainability, Mr. Linus Ng Siew Hong, Partner at Donaldson & Burkinshaw and Mr. Chia Shu Siang, Head of Sustainability & Climate Change at Crowe Singapore signed the MOU. Ms. Gooi Chi Duan, Partner at Donaldson & Burkinshaw (left) and Mr. Alfred Cheong, Deputy Chief Executive Officer at Crowe Singapore (right) witnessed the signing ceremony.

The aim of this strategic Memorandum of Understanding (MOU) is to arm clients with the knowledge and resources required to navigate the increasingly complex ESG regulatory landscape with confidence. We recognise the challenges these regulations present to clients, and this partnership is a proactive step to offer robust and comprehensive ESG solutions.

Our combined expertise will foster knowledge creation and sharing through collaborative research, publications, and internationally-oriented events. These activities aim to provide clients with timely updates on ESG trends to help them stay ahead of regulatory shifts and seize emerging opportunities in Singapore and the region, enabling them to gain critical insights of their operating environment, infrastructure, and processes.

Additionally, this MOU will extend our network – connecting clients to an international array of experts, advisors, and contacts in fostering a global understanding of those relevant ESG issues which they face, and the impact such issues have on their operations.

At Crowe Singapore, we are committed to helping clients navigate their ESG journey with confidence. This collaboration reinforces our dedication to serving as a trusted partner in an increasingly regulated and sustainability-focused business environment. We look forward to working with our partners and clients to create impactful ESG solutions.

Hashtag: #CroweSingapore

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

Crowe Singapore

A member of Crowe Global, a top 10 global accounting network, Crowe Singapore is a full-fledged professional services firm that provides audit, advisory, tax, outsourcing and fund administration solutions to a diverse and international clientele including public-listed entities, multinational corporations and financial institutions. Through its core values of caring, sharing, investing and growing, Crowe Singapore holds itself to high standards of integrity and excellence, always striving to provide services that pay attention to its clients’ vision, strategy and goals. It aims to be long-term trusted advisors to its clients.

Asia-Pacific Countries Adopt 10 UN Resolutions to Combat Climate Change

Armida Salsiah Alisjahbana, United Nations Under-Secretary-General and Executive Secretary of ESCAP (left). ( Photo:  ESCAP/Cory Wright).

Governments from across Asia and the Pacific endorsed a UN resolution on Friday to take urgent action to combat climate change and its impact to protect the planet and its people.

President of Laos to Attend “Future of Asia” Conference in Japan

Lao President to Attend “Future of Asia” Conference in Japan
President Thongloun Sisoulith is seen during an ASEAN leaders summit in Bangkok, Thailand, 2019.

President Thongloun Sisoulith will attend the Future of Asia Conference in Tokyo, Japan which is being held under the slogan, “Leveraging Asia’s Power to Confront Global Challenges” from 25-26 May.

AGenius – An Investor Portal Achieves New Milestone with Over 200 Private Funds user and introduce a new E-KYC feature

HONG KONG SAR – Media OutReach – 22 May 2023 – AGenius, the leading AI-powered investor portal, has achieved a significant milestone by reaching over 200 private funds on its platform. The portal acts as an information hub to connect fund managers, investors, fund administrators, and all related parties, enabling them to manage the fund onboarding process, KYC and investment funds effectively and efficiently.

AGenius is equipped with interactive business intelligence dashboards, facilitating dynamic workflows and boosting reporting capabilities, empowering its users to cope with the demanding investment markets. With this achievement, AGenius has shown that it is a trusted and reliable platform for both fund managers and investors worldwide. In addition to its online subscription feature, AGenius has launched a new feature, E-KYC.

The E-KYC process and verification will begin once the investor’s KYC documents are uploaded with a simple step. AGenius has the direct access to Company registry in over 120+ locations in the world and also integrate with world class AML screening provider. By this new feature, AGenius serves not only individual investors but also insitutional investors. This new feature streamlines the onboarding process, making it faster and more efficient for investors.

“Our milestone achievement of over 200 private funds on our platform is a testament to our commitment to providing investors with a reliable and efficient investment portal. With our innovative features such as E-KYC, we are committed to continually improving the user experience for our investors.” said Mr. Edward Yum who invented AGenius.

Subscribing to private funds can be complicated, with application documents that can run into about hundred of pages and take up a lot of time and effort to complete. Edward Yum added “Our team found that the document processing steps were very time-consuming. Many data had to be repeatedly filled out, which increased the chances of human errors and slowed down the efficiency of the entire subscription process.”

Therefore, AGenius’s team began researching and utilizing AI to simplify the entire subscription process. After the team’s persistent efforts, they successfully developed their own online fund subscription platform called AGenius.

AGenius is also expanding its market presence to Singapore, providing investors and fund mangers in the region with a better onsite support, including clients like private equity, venture capital, and hedge funds. AGenius expansion into Singapore is part of its vision to become the go-to investment portal for investors worldwide.

With its state-of-the-art technology, user-friendly interface, exceptional compliance team and customer service, AGenius is transforming the investment industry, providing investors with greater transparency, flexibility, and security. Investors can expect more exciting features and investment opportunities in the future from AGenius.

Hashtag: #AGenius

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

Eddid Financial and VSFG Forge Strategic Cooperation and Investment Partnership

Together Driving the Development of Hong Kong’s Virtual Asset Market

HONG KONG SAR – Media OutReach – 22 May 2023 – Eddid Financial and Venture Smart Financial Holdings Limited (“VSFG”) have forged a strategic cooperation and investment partnership, committing to marrying their best strengths and, abiding by compliance framework permits, working together to promote the sustainable development of financial services along the virtual asset value chain, and ultimately drive the development of Hong Kong’s virtual asset market.

Eddid Financial, a full-service financial group rooted in Hong Kong, has always been driven by fintech and is dedicated to providing comprehensive, one-stop financial services and products that are safe, reliable, high-quality, and convenient. Dr. Jerry Tse, CEO of Eddid Financial, said, “To accelerate our development pace in the virtual asset realm, we have not only collaborated with academia on research and development in recent years but also actively sought strategic partnerships and investment with companies capable of effectively bridging traditional and virtual assets. Given VSFG’s shrewd market insights and forward-looking business strategies, this partnership aligns perfectly with where we want to take our business.”

This latest investment marks another significant strategic move for Eddid Financial, following its earlier investment in the cryptocurrency investment platform Q9 Capital. The partnership is expected to bring substantial synergies to both companies, while also giving the local financial market new impetus to innovate and showing their determination to develop virtual assets.

VSFG is Hong Kong’s first virtual asset manager approved by the Securities and Futures Commission. It is committed to combining traditional wealth management with future finance and offering customers diverse solutions such as digital wealth management and asset tokenization. Delighted about the strategic partnership, Mr. Lawrence Chu, Chairman of VSFG, said, “We are thrilled to embark on this strategic cooperation and investment partnership with Eddid Financial. By combining our strengths, we aim to foster the sustainable growth of financial services within the virtual asset value chain.”

Hashtag: #EddidFinancial

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

About Eddid Financial

Members of Eddid Financial hold various types of licenses or memberships in major financial markets such as Hong Kong and the United States, including: Hong Kong Securities and Futures Commission (SFC) type 1, 2, 3, 4, 5, 6 and 9 regulated activities (“RA”) licenses, the US Securities and Exchange Commission (SEC) and the National Futures Association (NFA) approved membership qualifications, Trust or Company Service Provider License in Hong Kong, etc.

Eddid Financial is driven by financial technology and is committed to developing diversified business, ranging from retail to institutional business, including but not limited to FinTech, Internet Finance, Wealth Management, Asset Management, Investment Banking, and Virtual Assets, committed to providing comprehensive one-stop financial services and products to customers with safe, reliable, high-quality and convenient trading and investment services.

For further information on Eddid Financial, please visit .

Scientists Develop Jellyfish-Like Robot to Tackle Seabed Pollution

Jellyfish-like Robot May Solve Waste in Oceans Problem
The Jellyfish-Bot in action. ( Photo : MPI-IS )

Water pollution continues to plague the sea beds with plastic waste, and while numerous solutions have been proposed, many of them harm existing marine life or affect the efficiency of surface skimmers that glide over the surface of the ocean to remove trash.

Drinking Water Association Announces Price Hike Due to Economic Hurdles

Drinking Water Association Announces Price Hike Due to Economy Struggle
This image is used only for representational purpose (photo: โรงงานผลิต จำหน่ายน้ำดื่ม บริการจัดส่ง ขายน้ำถังน้ำถ้วย สมุทรปราการบางบ่อ)

The Drinking Water Association in Vientiane Capital released a notice on Thursday, announcing an increase in price of the 18 liters bottle of drinking water in every district across the capital due to high inflation and the depreciation of the LAK currency.

RH Equity Alert: ROSEN, Globally Respected Investor Counsel, Encourages RH Investors to Inquire About Class Action Investigation – RH

New York, New York – Newsfile Corp. – May 20, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of RH (NYSE: RH) resulting from allegations that RH may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased RH 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=12982 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 February 3, 2023, after trading hours, RH filed a current report on Form 8-K with the Securities & Exchange Commission (“SEC”), which announced, in pertinent part, that its “previously unaudited financial statements for the three months ended April 30, 2022, the three and six months ended July 30, 2022, and the three and nine months October 29, 2022 should no longer be relied upon due to material unintentional errors in certain of these financial periods with respect to our calculation of basic and diluted net income per share.”

Further, RH announced that “in connection with the restatement, we determined that we had at least one material weakness in our internal control over financial reporting during the Non-Reliance Periods that continued to exist at January 28, 2023, the end of fiscal 2022. In connection with the material weakness, we have additionally concluded that our disclosure controls and procedures are also not effective.”

On this news, the price of RH’s stock fell $25.19, or 7.3%, on February 6, 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. 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.