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Tishman Speyer and Raffles Family Office Announce Blue Chip Collaboration to Launch APAC Real Estate Fund

SINGAPORE – Media OutReach – 10 May 2023 – Tishman Speyer, a leading global developer, owner, operator, and investment manager of premier real estate, and Raffles Family Office (“RFO”), a leading commercial multi-family office (“MFO”) in Asia, have established a new partnership to launch the Tishman Speyer/Raffles Family Office APAC Opportunity Fund I (the “Fund”).

The Fund targets value add and opportunistic investments within key real estate themes such as brown-to-green, living sector, logistics, and special situations, including credit strategies and distressed opportunities. This synergistic collaboration between a leading global real estate investor and a leading Asian MFO will grant private wealth investors unparalleled access into tailored, institutional grade real estate investments.

“This marks a milestone in Tishman Speyer’s expansion into Asia Pacific gateway cities, and the start of a significant partnership with Raffles Family Office and their investors,” said Rob Speyer, Chief Executive Officer at Tishman Speyer. “Together, Tishman Speyer and RFO will create a compelling portfolio that supports the growth of new economy sectors throughout APAC.”

Chi-man Kwan, Group CEO and Co-founder of Raffles Family Office, said, “We are excited to partner with Tishman Speyer, one of the world’s most recognized and esteemed international developers. As both intergenerational wealth transfers and new wealth emerge, family offices continue to gain traction as preferred wealth management vehicles due to the enhanced control and flexibility they provide. This collaboration seeks to capitalize on the unique advantages of family offices and aims to address the increasingly complex asset management needs of APAC UHNWs. It is part of our ongoing commitment to support their growing demand for geographical and asset class diversification.”

Joe Kwan, Managing Partner, Real Estate of Raffles Family Office, added, “We look forward to embarking on this journey with Tishman Speyer for an inaugural APAC Real Estate fund. This partnership is the first of its kind, and it arrives at an ideal time to emphasize our conviction of the longer-term secular tailwinds across the Asia Pacific region. This combined with class leading investment, governance and asset management capabilities, offer a unique set of real estate investment opportunities for UHNW investors. The ability to invest through a down cycle will offer strong return proposition for our clients and may well prove to be an exceptional vintage for the fund.”

Hashtag: #TishmanSpeyer #RafflesFamilyOffices

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

About Tishman Speyer

Tishman Speyer is a leading owner, developer, operator and investment manager of first-class real estate in 33 key markets across the United States, Europe, Asia and Latin America. Our portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. With global vision, on-the-ground expertise and a personalized approach, we are unparalleled in our ability to foster innovation, quickly adapt to global and local trends and proactively anticipate our customers’ evolving needs. By focusing on health and wellness, enlightened placemaking and customer-focused initiatives such as our tenant amenities platform, ZO, and our flexible space and co-working brand, Studio, we tend not just to our physical buildings, but to the people who inhabit them on a daily basis. Since our inception in 1978, Tishman Speyer has acquired, developed, and operated 531 properties, totalling 221 million square feet, with a combined value of approximately $130 billion (U.S.). Our current portfolio includes such iconic assets as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt and the Mission Rock neighborhood currently being realized in San Francisco. For additional information, visit

About Raffles Family Office

Raffles Family Office (RFO) is an award-winning multi-family office that offers a full suite of wealth management services for ultra-high net worth individuals. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership network built for seamless collaboration with the world’s leading financial institutions, the firm is uniquely placed to provide comprehensive, lasting and highly bespoke wealth growth and preservation solutions. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. For additional information, visit

Electricity Du Laos Reports Electricity Theft Worth USD 5 Million

EDL reports damage from electricity theft in Vientiane Capital.

Electricity Du Laos (EDL) has reported financial losses of over LAK 100 billion or about USD 5 million due to electricity theft from Bitcoin companies and other businesses in Vientiane Capital.

Lao, Chinese Troops Organize Rare Military Exercise in Laos

Lao, Chinese Troop Join Military Exercise in Laos
On the outskirts of Zhumadian, Henan province, soldiers from the Chinese People's Liberation Army (PLA) take part in a military drill with troops from Pakistan, Mongolia, and Thailand as part of a U.N. peacekeeping exercise. (photo: Carlos Garcia Rawlins)

The Chinese People’s Liberation Army’s Southern Theater Command and the Lao People’s Armed Forces are conducting a joint military exercise this month in Laos.

Laos to Expect Rain, Hailstorms Across Nation This Week

Rainfall in Luang Prabang. Photo Credit: Darly YouTube channel

All parts of Laos will experience some rain and thunderstorm throughout the week, according to a recent report from the Department of Meteorology and Hydrology.

Avnet Showcases Trailblazing Technology Solutions for Electric Vehicles at Future Mobility Asia 2023

BANGKOK, THAILAND – Media OutReach – 10 May 2023 – Leading global technology distributor and solutions provider Avnet Asia will take part in Future Mobility Asia 2023, with a broad focus on decarbonizing Asia’s mobility ecosystem. This year’s event will take place over three days from May 17 to 19, at Queen Sirikit National Convention Centre, Bangkok.

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The theme of this year’s event, “Jumpstarting the Electric Vehicle Value Chain in Asia”, provides the ideal platform for Avnet to showcase its deep expertise across a wide range of technologies that are integral to the development and mass-market adoption of electric vehicles (EVs). Avnet is the Sole Visitor Bag Sponsor at this event, which is expected to attract an audience of more than 18,000 trade professionals, thought leaders, ASEAN Government officials and transport fleet owners and operators.

Located at Booth No. MD17, Avnet will demonstrate ingenious EV solutions jointly developed with its valued suppliers: AMD, Amphenol, AMS Osram, Molex, Onsemi, STMicroelectronics, TE Connectivity, Toshiba, and WeEn.

“Avnet is working closely with suppliers and customers, at component, module and system levels, to accelerate the development of EVs in Asia,” said Tan Aik Hoon, Regional President of Avnet South Asia, Korea and Avnet United. “EVs are no longer an emerging market, but rather a market inevitability. In view of the fast-dwindling depletion of fossil fuels and escalating environment pollution concerns, many nations have already set deadlines for discontinuing the manufacturing of internal combustion vehicles, and Asia is expected to lead the global shift to carbon-neutral mobility. The future of cars is clearly electric, and we are racing to meet it head on. From software and Cloud solutions to high-performance BMS and charging stations, we are developing solutions for every step in the value chain.”

Here are some of the EV solutions that will be on display at Avnet’s booth at Future Mobility Asia 2023.

EV chargers for two- and three-wheelers and electric carts, developed by Avnet Design Services, feature a scalable design platform, from 600W to 1.6KW, in a modular design.

Avnet AVT9152 Module and EVB, developed by Avnet Design Services, feature a module with Nordic nRF9160 and nRF52840, offering BLE, low power LTE and GPS technology in a single solution. The module can be directly powered by battery and embedded with BLE antenna, and is certified to conform with FCC, CE, RCM and BQB.

Avnet NEMA LoRaWAN Streetlight Controller, developed by Avnet Design Services, features remote monitoring with AC input power, voltage and current; power factor and frequency; total on-time; total operating time, temperature and metering; an alarm for voltage sag and power failure; and a remote control for ON/OFF, operating time and scheduled dimming.

BergStak® 0.4 and 0.5 Board to Board connector, developed with Amphenol, features a small pitch BTB/FPC to Board connector used in camera and Lidar application, with height speed, low cost, and USCAR-2 qualification.

Position sensing technologies, developed with ams OSRAM, protect position sensors from interfering magnetic stray fields and reduce angle error so that – despite often harsh environments – they operate with accuracy and reliability. The sensors overachieve ISO 11452-8, which specifies tests for the electromagnetic immunity of electronic components to magnetic fields for passenger cars and commercial vehicles regardless of the propulsion system.

High-Speed FAKRA Mini Coaxial Cable Solutions (HFM), developed with Molex, were designed to meet the evolving needs of the automotive market for more complex ecosystems with tighter space requirements. This solution offers customers design flexibility, with reduced PCB footprint by up to 48% on the front edge of a PCB.

Quad-row, developed with Molex, is the world’s smallest board-to-board connector. Designed to meet product miniaturization demands, it creates nearly limitless opportunities across a wide array of industries and applications including smartphones, smartwatches, wearables, and AR/VR devices.

A Smart Factory Automation Demo System, developed by STMicroelectronics, highlights the use of IO-Link, an industrial protocol that helps configure and monitor devices remotely. With a PLC (programmable logic controller) integrating various ST components including temperature sensor, time-of-flight proximity and ranging sensor, 4-channel Low-Side Driver for Tower Light, 32-channel High-Side Driver for Air Solenoid Valve, and a customer’s RFID reader/writer, the demo remotely controls a robotic arm to start or stop with human proximity sensing.

ECK series and 2.0mm Signal GRACE INERTIA (SGI 2.0) connectors, developed with TE Connectivity, offer design flexibility and efficient assembly for power and signal applications. ECK series (NO-DM) high-voltage DC contactor is designed for control in new energy applications. They are hermetically sealed and enable high switching voltage up to 1000VDC. SGI 2.0 connectors feature a compact 2.0mm pitch to support PCB miniaturization and are available in surface mount and insulation displacement contact (IDC) versions to support automated assembly processes.

High-performance SiC MOSFETs, developed with Toshiba, reduce power loss during switching.

A range of AECQ-101 qualified products, developed with WeEn, are primarily intended for EV chargers and on-board chargers (OBCs). They include silicon controlled rectifiers, fast recovery diodes, silicon carbide diodes and silicon carbide MOSFETS (to be released).

To secure your place at Future Mobility Asia 2023, register here.

Hashtag: #Avnet #e-Mobility #EV

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

Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for an entire century. We support customers at each stage of a product’s lifecycle, from idea to design and from prototype to production. Our unique position at the center of the technology value chain enables us to accelerate the design and supply stages of product development so customers can realize revenue faster. Decade after decade, Avnet helps its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at .

SkyFest 2023: Cambodia’s First International Kite Festival Attracts Over 10 Thousand at Bay of Lights, Sihanoukville

SIHANOUKVILLE, CAMBODIA – Media OutReach – 8 May 2023 – Over the first weekend of May, more than 10 thousand people gathered at the Bay of Lights, Sihanoukville, reveling in the fun and festivities of SkyFest 2023.

SkyFest 2023 is the first-ever international kite festival in Cambodia, as professional kite flyers from China, France, Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, and Cambodia displayed their masterpieces across the sky.

With the theme “Khmer Can Fly,” the international kite show was inaugurated by His Excellency Ly Thuch, Senior Minister of the Royal Government of Cambodia, representing Prime Minister Hun Sen.

In his opening remarks, Senior Minister Ly Thuch expressed, “The theme ‘Khmer Can Fly’ reflects not only the grace of our kites soaring high above us but also the aspirations and dreams of the Cambodian people, as we continue to make strides towards a brighter future.”

Senior Minister Ly Thuch also highlighted the commitment of Prince Holding Group towards Cambodia’s growth and social progress. This includes major initiatives such as the Chen Zhi Scholarship by the Prince Foundation, alongside the Bay of Lights, a 934-hectare world-class township development by Canopy Sands Development (CSD), the master development arm of Prince Holding Group.

Mr. Edward Lee, a senior representative of Canopy Sands Development, expressed in his welcome speech, “The Bay of Lights is anticipated to be a game-changer in the Cambodian market, and we are confident it will accelerate the country’s growth trajectory further. We envision providing job opportunities and training for young Cambodian professionals and, in turn, injecting enormous momentum into the urban development and national economy of Cambodia, specifically Sihanoukville.”

Mr. Lee also announced that SkyFest 2023 is just the first of many other upcoming international events to be organized by Canopy Sands Development.

In addition to kite flying, the two-day extravaganza featured a Cambodian traditional kite-making workshop, Khmer art sand sculpture, water activities by the Cambodian Jetski Team, fire shows, and laser light shows.

The unique talent of Phare Circus was further showcased at SkyFest 2023, wowing spectators with their energetic and exhilarating acrobatics through their interpretation of the “Khmer Can Fly” theme.

For two nights, visitors were entertained by performances and live music from well-known Cambodian artists such as Tep Boprek, Suly Pheng, Morm Picherith, Redking X Sopheap, and Kampot Playboys, on top of international bands such as Intan Andriana and Friends, Alli G & TheQuilas, Maki Okestr, as well as renowned DJs such as DJ Vutha, DJ Maily, and DJ Chill Bill.

Organized by Canopy Sands Development, SkyFest 2023 was made possible with the full support of the Provincial Government of Sihanoukville, Ministry of Tourism, Ministry of Education, Youth and Sports, Nham 24, Nham24 Taxi, and Somersby.

Hashtag: #CanopySandsDevelopment

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

Canopy Sands Development Co., Ltd

Established in 2019 and headquartered in Phnom Penh, Cambodia, Canopy Sands Development is a real estate development company specializing in master development from the onset.

Canopy Sands Development’s vision is to build thriving living and working environments that elevate people’s livelihoods and well-being to deliver lasting prosperity to local communities. Led by a local and international team of highly experienced, reputable, and respected professionals, each of whom has a unique and strategically critical global perspective, Canopy Sands Development is laying the foundations that will catalyze greater economic opportunities, generate major socio-economic benefits, and ensure long-term prosperity.

A leader in real estate development, Canopy Sands Development is working to build vibrant new communities across Cambodia, each of which will be built according to the highest international standards. In doing so, the company will create significant economic, social, and educational opportunities and deliver sustainable and lasting benefits to Cambodian communities.

New Compression Latch From Southco Offers Visual Indication Of Latch Open Status

HONG KONG SAR – Media OutReach – 10 May 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 expanded its line of VISE ACTION® Compression Latches with a new version that allows visual confirmation of latch open status. Southco’s E3 VISE ACTION® Compression Latch with Visual Indicator features red, reflective indicator wings that can be easily viewed when the latch is open, allowing latch status to be monitored at all times. This new offering expands the line of MAKE SAFETY VISIBLE BY SOUTHCO™ products, which provide visual indication for improving safety and monitoring access in a wide variety of applications.

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E3 Visual Indicator Image

Southco’s E3 VISE ACTION® Compression Latch with Visual Indicator displays latch open status that can be seen from a minimum of five meters, making it an ideal choice for rail, semiconductor and industrial machinery enclosures where an unsecured door or panel could impact safety during operation. By allowing operators to easily detect latch status, the E3 VISE ACTION® Compression Latch with Visual Indicator improves efficiency, enhances safety and reduces maintenance errors. Designed for heavy use, the E3 VISE ACTION® Compression Latch with Visual Indicator is NEMA 4 and IP65 compliant, making it a suitable choice for outdoor, high vibration or corrosive environments.

Commercial Product Manager Jonathan Coulter adds, “The E3 VISE ACTION® Compression Latch with Visual Indicator provides visual feedback of whether a panel is fully closed, semi-closed or not secured at all. Like Southco’s standard E3 line, the indicator version delivers robust, vibration-resistant fastening and is available in a variety of grip lengths, providing a simple upgrade for enhancing enclosure safety and security.”

Hashtag: #southco #compression #visualindicator #latchstatus

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

Southco Asia Limited

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.

Asia logistics real estate developer and investment manager Unified Industrial expanding investment activities due to strong development pipeline

TOKYO, JAPAN – Media OutReach – 10 May 2023 – Founded in 2008, Unified Industrial (UI) is a leading developer and investment manager specialised in logistics and industrial real estate in Japan and China, having developed and invested in over 2 million sqm across 300+ properties since its establishment.

Since forming a strategic partnership with Macquarie Asset Management in 2021, UI has expanded its investment activities through three new ventures – two in Japan and one in China. The first two ventures have now been fully deployed across 5 assets that will deliver 430,000 sqm+ of gross floor area (GFA). The third venture (Japan Logistics Club II) has achieved final close with a seed asset and has further projects under investment approval that will fully deploy the remaining equity commitments. On an end value basis, these ventures will increase UI’s AUM to USD 2.8 billion.

UI’s current projects include both greenfield developments and value-add projects. Its latest development is in Greater Osaka and will deliver over 254,000 sqm, with Phase I of approximately 64,000 sqm fully leased by one of Japan’s largest 3PLs prior to construction commencement. Phase II of approximately 190,000 sqm is due to commence in 4Q 2023 and has also received solid tenant demand with strong interest for nearly half of the space. “This development showcases UI’s sourcing capabilities and its ability to identify locations that meet tenant demand. Sustainability remains a top priority for us and we are focusing our pipeline on projects that target sustainable and reliable renewal energy for our tenants as our current development provides,” said Joshua Olsan, CEO and Founder of UI.

UI has leveraged its deep local expertise and extensive network to identify and execute on attractive risk adjusted opportunities. With its existing ventures being fully deployed or fully identified, UI is looking to further capitalize on its identified pipeline of over 2 million sqm of developable GFA.

“We are confident that logistics facilities with enhanced functionality and ESG focused specifications will add value to end customers and bring long term positive impact to the community, enabling sustainable growth with local employment,” said Ross Antoci, Managing Director of UI.

To support its growth, UI has welcomed two new senior members in its Japan operations, Mr. Hiroshi Takizawa, Head of Business Development and CIO, and Mr. Ricky May, Head of Asset and Investment Management, bringing with them decades of experience in the Japan real estate market.

UI’s strong track record and demonstrated access to source attractive off-market investment opportunities, and ability to leverage Macquarie Asset Management’s global expertise, provides a gateway for global capital to access Japan and China. UI’s leadership team is promoting UI’s investment philosophy and capabilities, further strengthening its presence among institutional investors.
Hashtag: #UnifiedIndustrial

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

About Unified Industrial

Unified Industrial, founded in 2008 as a specialized investment, development, and asset management firm focusing on logistics and industrial real estate. Its current portfolio of USD 1.8 billion assets under management focuses on Japan and China. UI manages significant assets with an expert team of 32 people across Asia. UI has acted and continues to act for multiple institutional investors including Macquarie Asset Management.