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Hang Lung Properties and LVMH Group Co-Create Solutions at the Inaugural Real Estate & Climate Forum

A two-day innovative event generating over 200 ideas for tackling real estate & retail sustainability challenges, held one month after the signature of the pioneering sustainability partnership

HONG KONG, SHANGHAI AND PARIS – Media OutReach – 1 December 2022 – Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung”) and Moët Hennessy Louis Vuitton (“LVMH”) completed an innovative and ambitious Real Estate and Climate Forum (“The Forum”) on November 24 and 25, including about 200 participants from both Groups and their partners. The Forum took place one month after the signing of a first-of-its-kind sustainability partnership agreement by the two Groups. Under the agreement, Hang Lung and LVMH are committed to achieving progress in sustainability together to the end of 2025.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, delivers an opening remarks at the Real Estate & Climate Forum in Shanghai

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, delivers opening remarks at the Real Estate & Climate Forum in Shanghai

The Forum, adopting a hybrid approach and spanning Hong Kong, Shanghai, Paris and other cities, included co-branding and shared decisions at every step, and brought together 96 changemakers from the real estate and retail sectors to collaborate on climate and sustainability solutions. The changemakers, representing a diverse mix of profiles, seniority levels and forms of expertise, together accessed a customized website where they contributed and discussed ideas in 12 sustainability topics ranging from energy efficiency to learning and development to social impact.

Mr. Andrew Wu, LVMH Group President of Greater China, welcomes the changemakers and other participants at the Real Estate & Climate Forum in Shanghai

Mr. Andrew Wu, LVMH Group President of Greater China, welcomes the changemakers and other participants at the Real Estate & Climate Forum in Shanghai

Hang Lung and LVMH together designed a highly calibrated process to shift mindsets, engender productive discussions, and inculcate a sense of shared ownership among the changemakers. The process included:

  • A personal invitation from the sustainability departments of each organization;
  • Provision of new learning materials in the 12 topic areas;
  • The requirement to complete a quiz to set a common baseline for discussions;
  • Asking each changemaker to submit three ideas;
  • Ranking one another’s ideas anonymously;
  • Convening in groups of eight for facilitated discussion of selected ideas; and
  • Sharing of key discoveries back to the wider community as the basis for action.

Mr. Adriel Chan, Hang Lung Properties Vice Chair and Chair of Sustainability Steering Committee (middle) joins the two-day Real Estate & Climate Forum and delivers his closing remarks. He is joined by Mr. John Haffner, Hang Lung Properties General Manager – Sustainability (left) and Mr. Nicolas Martin, LVMH Sustainable Store Planning Manager (right)

Mr. Adriel Chan, Hang Lung Properties Vice Chair and Chair of Sustainability Steering Committee (middle) joins the two-day Real Estate & Climate Forum and delivers his closing remarks. He is joined by Mr. John Haffner, Hang Lung Properties General Manager – Sustainability (left) and Mr. Nicolas Martin, LVMH Sustainable Store Planning Manager (right)

By design, the methodology involved a collective intelligence approach in which all participants’ ideas were taken into account regardless of their role and status in their organizations. The above steps enabled the changemakers to consider all concepts on their merits, resulting in more than 200 ideas generated altogether. These ideas were further sorted and evaluated against three predefined categories of solutions: for impact in the next year, for collaboration among stakeholders, and out-of-the-box innovations. Exploring ideas through these categories helped elevate their quality and salience. This wealth of inputs will form the basis for a Common Charter to be announced by the two Groups in the first quarter of 2023.

Ms. Hélène Valade, LVMH Environmental Development Director, delivers closing remarks at the Real Estate & Climate Forum in Paris

Ms. Hélène Valade, LVMH Environmental Development Director, delivers closing remarks at the Real Estate & Climate Forum in Paris

Mr. Adriel Chan, Hang Lung Properties Vice Chair and Chair of Sustainability Steering Committee, said: “It was only a month ago that we signed our partnership with LVMH, and we have wasted no time in moving forward. We are together creating innovations in how to tackle sustainability problems, because business-as-usual has proven inadequate. The two Groups are working together with transparency and trust and we look forward to sharing the results of our momentum in our Common Charter early next year.”

Changemakers and other participants at the Real Estate & Climate Forum in Hong Kong

Changemakers and other participants at the Real Estate & Climate Forum in Hong Kong

The two-day Climate & Real Estate Forum brings together 96 changemakers from the real estate and retail sectors to collaborate on climate and sustainability solutions

The two-day Climate & Real Estate Forum brings together 96 changemakers from the real estate and retail sectors to collaborate on climate and sustainability solutions

“Our sustainability goals embedded in our LIFE 360 program require true collaboration between the stakeholders. As demonstrated through our Forum, the private sector can find new strategies of collective intelligence, for bolder results towards carbon neutrality. We believe that important innovations can be found not only in technology, but also in this domain of the design of win-win situations,” commented Ms. Hélène Valade, LVMH Environmental Development Director.

Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

Herbalife Nutrition Appoints Professor Masashi Miyashita as its Newest Nutrition Advisory Board Member in Japan

HONG KONG SAR – Media OutReach – 1 December 2022 – Herbalife Nutrition (NYSE:HLF), a premier global nutrition company, announced the appointment of Professor Masashi Miyashita in Japan. Masashi is a professor of exercise metabolism in the Faculty of Sport Sciences at Waseda University in Japan.

Professor Masashi Miyashita

Professor Masashi Miyashita

“Professor Masashi has deep expertise in physiology and much of his research activities have examined the effects of physical activity on risk factors for cardiovascular disease, appetite, and energy intake. He is a valuable addition to our team of experts in nutrition, science and health,” said Dr Kent Bradley, Chief Health and Nutrition Officer at Herbalife Nutrition. “We look forward to working with him to inspire people to adopt healthy nutrition and lifestyle habits and help address health-related megatrends such as obesity and rapidly aging populations.”

Professor Masashi has a PhD in Exercise Physiology in 2006 from Loughborough University. To date, he has published 106 peer-reviewed journal articles, including the American Journal of Clinical Nutrition “Exercise and postprandial lipemia: effect of continuous compared with intermittent activity patterns” (2006), International Journal of Obesity “Effects of continuous versus accumulated activity patterns on postprandial triacylglycerol concentrations in obese men” (2008), International Journal of Sport Medicine “Interrupting Sitting Time with Regular Walks Attenuates Postprandial Triglycerides” (2016), and British Journal of Nutrition “The effects of different temperatures of post-exercise protein-containing drink on gastric motility and energy intake in healthy young men” (2022).

The Herbalife Nutrition Advisory Board (NAB) comprises leading experts from around the world in nutrition, science, and health. The NAB helps educate and train the Company’s Independent Members on leading a healthy, active lifestyle and getting proper nutrition. Herbalife Nutrition’s NABs in Asia Pacific currently include Dr. Zhen-Yu Chen (Hong Kong), Dr Rimbawan (Indonesia), Dr. Bum Jo Oh (South Korea), Dr. Chin-Kun Wang (Taiwan), and Dr. Korakod Panich (Thailand).

Hashtag: #HerbalifeNutrition

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

About Herbalife Nutrition

Herbalife Nutrition (NYSE: HLF) is a global nutrition company that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in 95 markets by entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company’s commitment to nourish people, communities and our planet, Herbalife Nutrition pledges to achieve 50 million positive impacts – tangible acts of good – by 2030, its 50th anniversary.

As of 2022, Laos has 3 World Heritage Sites inscribed by UNESCO

VIENTIANE, LAOS – Media OutReach – 1 December 2022 – Laos has recently been in the global spotlight for being featured in the prestigious National Geographic magazine as one of the best places to ‘slow travel’ in 2023. It has also been selected by Wanderlust, UK’s leading independent travel magazine, among the 20 best places to visit in January 2023.

Alongside its surreal natural beauty with mountains and mighty rivers, the country is also home to three UNESCO World Heritage sites that were awarded this high honor for having “universal value to cultural or natural heritage”. Here are the three places which you absolutely must visit when you are in Laos.

1. The Town of Luang Prabang: According to the World Heritage Convention at UNESCO Luang Prabang is, “an outstanding example of the fusion of traditional architecture and Lao urban structures with those built by the European colonial authorities in the 19th and 20th centuries.” Situated next to the Mekong river, the town is incredibly well preserved and is home to majestic temples, caves, and waterfalls as well as a lively night market, contemporary restaurants, cafes, and hotels.

2. Vat Phou: The Vat Phou temple complex is over a thousand years old and was a part of the Khmer empire that was predominant in Southeast Asia between the 10th and 14th centuries. Built to represent the relationship between humankind and nature, the temple flawlessly blends with its surroundings. It was built using an axis that perfectly aligns the temples, shrines, and waterworks extending over 10 km with Mount Phou Kao and the Mekong river.

3. The Plain of Jars: Located in northeastern Laos, the Plain of Jars stands on a plateau and gets its name from thousands of tubular-shaped megalithic stone jars used for funerary practices by an unknown civilization. Excavation of the site has turned up stone jar lids, secondary burials, tombstones, quarries, and funerary objects dating from 500 BCE to 500 CE and is one of the most lasting artifacts of the Iron Age in Laos.

Learn more about Lao culture and places to visit at the Lao Simply Beautiful Facebook Page.

 

Hashtag: #LaosSimplyBeautiful

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

Mowreq and YesHealth Group sign deal to build Saudi Arabia’s largest indoor vertical farm

  • This will be the largest indoor vertical farm in the Kingdom of Saudi Arabia, and the tallest in the Middle East region.
  • The farm will supply 2,000 kilograms of fresh leafy vegetables, daily, to consumers in Riyadh and the surrounding area.
  • Located 20 kilometers from central Riyadh, the farm will offer a low-carbon alternative to imported produce, saving countless food miles.

RIYADH, KINGDOM OF SAUDI ARABIA – Media OutReach – 1 December 2022 – Agtech companies, Mowreq (Mowreq Specialized Agriculture Co.) and YesHealth Group (YesHealth Agri-Biotechnology Co., Ltd.) have initiated a joint venture to develop a network of indoor vertical farms throughout the Kingdom of Saudi Arabia. The JV, Vertical Farms Company, will begin by building the Kingdom’s largest indoor vertical farm in Riyadh. This first farm is slated to be fully operational by Q4 2023, providing jobs and healthy, sustainable produce to the local community.

Mowreq-and-YesHealth-Group.jpg

YesHealth Group and Mowreq Specialized Agriculture

Mowreq already supplies vertically farmed produce to consumers in Jeddah, under the brand name Janafarm. It employs 15 people, producing healthy and fresh leafy vegetables around the year. In order to deliver on this next step in the Kingdom’s agricultural development, Mowreq aims to leverage its experience and know-how in the Saudi Market, combined with the technology and know-how of YesHealth Group.

YesHealth Group currently operates a profitable, large-scale indoor vertical farm in Taiwan, and cooperates across several indoor vertical farms in Europe. Its combined operations employ more than 150 people worldwide and produce over 2,500 tons of leafy vegetables, annually. The Riyadh farm will be operated jointly by Mowreq and YesHealth Group during a 3-year technology transfer phase, training local talent to take over the long-term operations.

Total investment in the Mowreq and YesHealth Group JV, Vertical Farms Company, is valued at more than 100 million Saudi Arabian Riyals, or approximately 28 million US dollars at the current exchange rate. The project is backed by Saudi venture capital and funds.

In line with the Saudi 2030 Vision, the partners will create 50 full time jobs at the Riyadh farm, and they aim to create more jobs over the next five to ten years, leading development of the controlled environment agriculture industry. Education will be provided to advance talent, giving the youth the skills they need for jobs of the future. Continued development of the industry’s infrastructure will further diversify the economy, helping to ensure food security, and promote healthy lifestyles.

“We built the Kingdom of Saudi Arabia’s first indoor vertical farm and now we’re building the Kingdom’s largest indoor vertical farm,” says Modar Hisham Nazer, Co-Founder of Mowreq and Chairman of Vertical Farms Company. “This massive, new farm that we’re building in Riyadh, will enable more of our compatriots to benefit from locally-produced Janafarm products, which are always clean, fresh, and free of pesticides.”

“YesHealth Group has overcome the operational challenges of indoor vertical farming in Subtropical Asia,” says Jesper Hansen, CCO of YesHealth Group. “The Middle East is our next challenge. We will guide the Riyadh farm through its initial phase of operation, with the aim of maximizing output and efficiency at the high level we achieve in our Taiwan farm.”

Riyadh Farm Facts

  • Location:
    Riyadh Industrial Area (2)
  • Construction Timeline:
    Q1 2023 – Q4 2023
  • Built Area:
    4,500 sq. meters
  • Height of Vertical Farm:
    16 meters
  • Total Cultivation Area:
    20,000 sq. meters
  • Max. Yield:
    2,500 kg per day (based on lettuce) >900 tons annually
  • Expected Daily Yield:
    2,000 kg per day, including a variety of lettuces, cruciferous vegetables, herbs, and edible flowers.
  • Automation:
    Full process automation from seeding to harvesting.
  • Number of Employees:
    50 full time employees
  • Exhibition Area:
    Can accommodate >100 visitors per day to learn about indoor vertical farming and sustainable agriculture

Hashtag: #YesHealthGroup

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

About Mowreq Specialized Agriculture

Mowreq Specialized Agriculture was co-founded by Dana Enany, Khder Al-Ghamdi, Modar Nazer, and Obeid Bin Zagr in 2019. Mowreq established the Kingdom of Saudi Arabia’s first indoor vertical farm, with a mission of providing locally-grown, safe, clean, and nutritious food to families, communities, and the country. Learn more about Mowreq at the official website [www.mowreq.com].

About YesHealth Group

Founded in 2008 by Taiwanese technology entrepreneur Winston Tsai, and backed by Peter Liu of venture capital firm W.I. Harper and Tony Ho of Test Rite Group, YesHealth Group is a mission-driven company, pioneering clean technology for sustainable and pesticide-free vertical farming. The synergy inside YesHealth Group, between technology development and farm operation, has enabled multiple indoor vertical farms to scale and reach profitability. Learn more about YesHealth Group at the official website [www.yeshealthgroup.com].

Laos, Thailand Cooperate to Rescue More Tiger Cubs from Laos

Four tiger cubs, being cared for at a wildlife clinic in Thailand | Photo credit: today.line.me

The two countries are working together to prevent cross-border wildlife trafficking since four tiger cubs were rescued in Thailand after being smuggled from Laos.

One Raffles Place shopping mall goes festive with exciting events and festive gifts to be won

It’s Beginning to Look a Lot Like Christmas in The City

SINGAPORE – Media OutReach – 1 December 2022 – Celebrate the Christmas Season here at One Raffles Place shopping mall from 11 November till 27 December as the mall in the heart of the Central Business District (CBD) goes full festive mode with exciting events such as a Christmas market, carolling sessions and festive prize giveaways amidst a whimsical Christmas backdrop!

Sing along while enjoying the ‘Hauliday Spree’!

As the shopping mall transforms into a wondrous Christmas Market from 28 November to 9 December (11am to 3pm), catch the buzz at Level 2 which will be festooned with stores clothed with Christmas cheer. Expect gift options ranging from handwoven bags and accessories to skincare gems and homeware decorations to doll up for the festivities. With something for everyone at One Raffles Place’s Christmas Market, mark the dates on your calendar and head down to fill your stockings with unique gifts!

Additionally, join the Nanyang Technological University Cultural Activities Club (NTUCAC) Choir to spread festive cheer with Christmas carols on 14 December and 21 December (Wednesday)from 1215pm to 1pm at Level 1 of the mall. The NTUCAC Choir has made astounding appearances at national events and performed for the likes of former President S. R. Nathan and other Members of Parliament. This is one event not to be missed!

Cheers for the Festivities

Ring in the festive cheer when you spend at One Raffles Place from 11 November to 9 December with a massive giveaway that you simply will not want to miss! All shoppers need to do is spend $50 in a single receipt, follow One Raffles Place on Facebook (@OneRafflesPlace) and send their receipt through direct message to the One Raffles Place Facebook page. Attractive prizes of up to $88 from selected stores stand to be won!

Have a Holly, Jolly Christmas

Look forward to different Jolly Deals with one-day-half-priced steals for selected stores including newly minted Drips Bakery Cafe (#01-08), where you can fulfill all your pastry cravings, and Little Fisher (#B1-04/05), for a satisfying savory meal! For Christmas parties, take your feasting a notch higher with umisushi’s (#B1-24/25) Merry Shepherd’s Pie (6-inch) which boasts of smooth and creamy mashed potatoes packed with juicy chicken or beef tucked in a golden-brown pastry crust. Deals are limited, mark your dates!

Spending Pleasures

Christmas is the season of giving. So shoppers will be pleased to know as they spend more on gifts for their loved ones, they can also earn rewards to cash in on their next purchase! Spend $130 and be gifted with $15 ORP e-vouchers. Stack your vouchers up while it lasts!

For more details, download the ORP app via Apple Store or Google Play Store or visit https://www.onerafflesplace.com.sg/shopping.

Hashtag: #OneRafflesPlace

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

NetApp Propels Cloud Data Services with New Leader for Australia & New Zealand

NetApp’s 22-year legacy in ANZ is boosted with a new leadership team to drive hybrid multicloud transformation

SINGAPORE Media OutReach – 1 December 2022 – NetApp® (NASDAQ: NTAP) a global, cloud-led, data-centric software company today announced the appointment of its new Area Vice President and Managing Director for the business in Australia and New Zealand (ANZ), Matthew Hurford, the former Vice President of Solutions Engineering and CTO of Asia Pacific at NetApp.

Matthew Hurford, Area Vice President and Managing Director for Australia & New Zealand

Matthew Hurford, Area Vice President and Managing Director for Australia & New Zealand at NetApp

“I am delighted to appoint Matt to drive the operations in Australia and New Zealand,” said Sanjay Rohatgi, Senior Vice President and General Manager of Asia Pacific and Japan (APAC) at NetApp. “Matt has been part of the NetApp family for nearly 14 years and has long standing relationships with many of our customers and partners here, advising and supporting them on their digital transformation journeys. With him at the helm, I am confident our ANZ business will scale greater heights.”

NetApp has driven tremendous innovation in the cloud space over the past few years, including the acquisition of several technology businesses which specialize in technical and business optimization of cloud services. At the same time, the company has continued to expand its market-defining position as a key partner and supplier in data center modernization, helping customers build powerful solutions for artificial intelligence, core business applications, smart factory, and containerization.

In Australia, NetApp has been delivering industry-leading services to local businesses and government agencies for more than two decades, enabling customers’ data services through innovative technology.

“I am very excited to have the opportunity to drive a leadership team that puts the customer at the center of everything it does,” said Matthew Hurford, Area Vice President & Managing Director of ANZ for NetApp. “I’m looking forward to helping customers take advantage of the tremendous data transformation opportunities that lie ahead, supporting them as they embrace the cloud to boost their operational efficiency, data resiliency and rationalize costs.”

Matthew has more than 20 years of experience in the technology industry with demonstrated business acumen, client management and technological expertise. He holds a degree in science and still has a passion for ecology.

Hashtag: #NetApp

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

About NetApp

NetApp is a global, cloud-led, data-centric software company that empowers organizations to lead with data in the age of accelerated digital transformation. The company provides systems, software and cloud services that enable them to run their applications optimally from data center to cloud, whether they are developing in the cloud, moving to the cloud, or creating their own cloud-like experiences on premises. With solutions that perform across diverse environments, NetApp helps organizations build their own data fabric and securely deliver the right data, services and applications to the right people—anytime, anywhere. Learn more at or follow us on , , , and .

NETAPP, the NETAPP logo, and the marks listed at are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

Skipton International Achieves Buy-to-Let GBP1 Billion Lending Milestone

GUERNSEY – Media OutReach – 1 December 2022 – For the first time in Skipton International’s history, the award-winning offshore bank has surpassed GBP1 billion UK buy-to-let mortgage lending. This was achieved through an increasing customer base, product refreshments, and overseas investors taking advantage of favourable exchange rates to add UK properties to their investment portfolios.

“Crossing the GBP1 billion lending threshold marks an important stage in our strategy to offer customers a comprehensive product and service portfolio together with competitive interest rates for both buy-to-let UK mortgages and offshore savings accounts,” said Jim Coupe, Managing Director, Skipton International.

The GBP1 billion announcement coincides with the launch of a brand new series of informative short videos hosted by the BBC’s Clive Myrie in conversation with Lord Digby Jones, a former UK Minister of State for Trade and Industry.

The videos give insights into Guernsey as a strong financial jurisdiction for global savers, offshore savings and buy-to-let mortgages.

Clive Myrie (left) and Lord Digby Jones

Clive Myrie (left) and Lord Digby Jones

“As we end the year on a high note, we will continue to strive for excellence in service and product innovation and give investors the opportunity to invest in the vibrant UK property market. We are looking forward to continued growth in the buy-to-let mortgage business and helping our customers secure property assets,” added Coupe.

Skipton International and Connells, the UK’s largest property agency, are both subsidiaries of Skipton Building Society, a top ten provider of UK mortgages. Skipton gives customers access to offshore mortgage products and UK properties tailored for British expats and non-UK residents.

Buy-To-Let Mortgages

A Skipton International buy-to-let 5-year fixed mortgage starts at 4.99 percent (5.8 percent annual percentage rate (APR)). For more information about buy-to-let mortgages and rates, please visit www.skiptoninternational.com

Hashtag: #SkiptonInternational

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

About Skipton International

Headquartered in Guernsey, Skipton International is a bank wholly owned by Skipton Building Society, the fourth largest building society in the UK. We are a leading offshore bank and winner of multiple awards, including the Moneyfacts ‘Best Offshore Account Provider’ award 2022.

Our aim is to help customers achieve their property owning and savings goals, by offering quality products and excellent customer service.

Skipton International offers a range of offshore savings accounts and is one of the Channel Islands’ leading mortgage lenders for residential Channel Island mortgages and UK Buy-To-Let mortgages for expats and non-UK resident nationals. It is the winner of the Moneyfacts ‘Offshore Bank Account of the Year’ award 2022, and the Mortgage Introducer ‘Top Mortgage Employer’ Award 2022.

Skipton International Limited (Skipton), registered in Guernsey: 30112, is a wholly owned subsidiary of Skipton Building Society.

Skipton is licensed under the Banking Supervision (Bailiwick of Guernsey) Law. Skipton is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any five-year period. Full details are available on the Scheme’s website www.dcs.gg or on request. To help maintain service and quality, telephone calls may be recorded and monitored.

Skipton International has a customer service rating of 4.6 / 5 according to Feefo, an independent online assessor of customer service, and is a three-times Platinum award winner as a trusted provider.