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Lightnet Group Partners with Raffles Family Office to Expand Payment Ecosystem to Revo – Asia’s First Digital Asset-Based Multi-Family Office Platform

SINGAPORE – Media OutReach – 1 November 2022 – Singapore-based Lightnet Group (“Lightnet”) announced today the completion of Raffles Family Office’s (“Raffles FO”) strategic investment. The funding will support Lightnet’s ongoing operations and help enhance the development of Lightnet products and solutions.

As part of the transaction, Lightnet will secure a strategic stake in Raffles FO’s digital asset wealth management platform, Revo. The partnership will provide valuable technical support and payment infrastructure to drive and deliver success for both parties, by enabling Lightnet to expand its payment ecosystem to cover institutional funds transfer, a major component of Raffles FO’s service offering to support ultra-high-net-worth (UHNW) families in the region through Revo. The partnership reaffirms Lightnet’s vision to revolutionise the payments and remittance space with next generation infrastructure and services across the entire spectrum, from the unbanked or underbanked, to wealthy individuals and family offices.

Raffles Family Office Group CEO Chi-man Kwan said:

“We are delighted to participate in the strategic investment in Lightnet which focuses on the next generation financial infrastructure. At Raffles Family Office, we are committed to driving the development of a wealth management platform built for the digital future and synergies with like-minded innovators in a collaborative ecosystem to enable and optimize digitalization in finance. We will continue to play our part in revolutionizing the world of finance, working together with partners to unlock the potential of blockchain technology.”

Lightnet Co-Founder and Chairman, Chatchaval Jiaravanon, said:

This agreement will see more adoption of Lightnet’s next generation financial infrastructure. This is key to expanding our payments and remittance services. We are very excited to be able to join forces with Raffles Family Office and hope this agreement will bring meaningful growth for our payments infrastructure and the asset-based platform. Lightnet’s network will provide borderless and formless financial mobility infrastructure for Revo digital asset wealth management platform to move the fund anywhere in the world.

Hashtag: #LightnetGroup

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

About Lightnet Group

Lightnet Group is a Singapore-headquartered fintech group with the mission of promoting financial mobility and inclusivity. Lightnet Group empowers unbanked populations and SME trade finance with an inclusive international remittance ecosystem. The Lightnet Group’s international remittance ecosystem adopts, in parallel to existing and traditional documentation and process, the Velo Protocol as its blockchain transaction documentation protocol and positions itself as the premiere clearing and settlement network for the Asia Pacific region by connecting existing financial systems with its network of cash agents and wallets. Lightnet is backed by CP Group Family members as well as major investors in the region including UOB Venture Management, Hanwha Investments & Securities, 7Bank, Unipresident, Hashkey, and many others. To learn more, please visit https://.

About Raffles Family Office

Raffles Family Office (Raffles FO) 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. Raffles FO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. For additional information, visit

About Revo Digital Family Office

Revo is Asia’s first digital-assets-focused multi-family office and the platform of choice for ultra-high net worth individuals looking to join the most important investment revolution of our time. Purpose-built to perpetually evolve in line with the ongoing digitisation of assets and wealth management solutions, Revo’s current offerings include digital asset and wallet aggregation, independent digital asset management, private wealth advice, and gatekeeper services that allow for succession planning with innovation in mind. Revo was co-founded by leading Asian multi-family office Raffles Family Office and internationally acclaimed digital asset technology firm Huobi Technology Holdings. For additional information, visit .

Volt Resources discusses joint development agreement with 24M Technologies

SYDNEY, AUSTRALIA – News Direct – 1 November – Volt Resources Ltd (ASX: VRC) managing director Trevor Matthews speaks with Andrew Scott from Proactive about two recent announcements – a joint development agreement with 24M Technologies and a graphite supply MoU. Matthews discusses test-work using graphite from its Ukraine operations. “We are looking forward to continuing our battery anode material qualification work with 24M and its licensees,” says Matthews.

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Hashtag: #VoltResources

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

Cushman & Wakefield Highly Commended in Valuation Team and Agency Team of the Year at RICS Hong Kong Awards 2022

  • Highly commended for Valuation Team of the Year award
  • Highly commended for Agency Team of the Year: Retail Team award

HONG KONG SAR – Media OutReach – 31 October 2022 – Cushman & Wakefield, a leading global real estate services firm, has again been recognized for its leading service excellence and industry achievements at the Royal Institution of Chartered Surveyors (RICS) Awards in Hong Kong. The firm was cited as Highly Commended in the 2022 valuation team and agency team of the year.

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Highly Commended – Valuation Team of the Year: Hong Kong Valuation & Advisory Services team
Highly Commended – Agency Team of the Year: Hong Kong Retail Team in partnership with Gaw Capital

Highly Commended — Valuation Team of the Year

Cushman & Wakefield’s Valuation and Advisory Services team again won credit for upholding the highest international standards and imbuing confidence to end-users for objectivity, independence and reliability. “From Zero to Hero”, we are the Visionary Pioneer among industry peers in fusing Sustainability & ESG considerations to our regular valuation workstreams.

Andrew Chan, Managing Director & Head of Valuation & Advisory Services, Greater China, Cushman & Wakefield, said, “We are thrilled to receive such high recognition in the valuation services category award in Hong Kong this year. This commendation is the result of a year of notable achievement for the team here, marked by the full operational deployment of our pioneering Real Estate Sustainability Services Platform (RESSP). I am proud to say that RESSP is a true industry first, bringing sustainability and ESG considerations into the regular valuation workstream in a form that sets us apart from traditional professional consultancies. I congratulate the team on their commitment, passion and success, and together we envision a fully-upgraded valuation practice that will be a game-changer for the industry and contributes to a sustainable built environment towards the future.”

Highly Commended — Agency Team of the Year: Retail Team in Partnership with Gaw Capital

The firm’s Retail Services team continued the success generated at the RICS Hong Kong awards for the fifth consecutive years, with a Highly Commended award for trendsetting work in creating the all-new “Wellness Real Estate” concept, with the vision fully materialized at the H.A.N.D.S. shopping mall project in Tuen Mun, in close partnership with Gaw Capital Asset Management.

Kevin Lam, Executive Director & Head of Retail Services, Hong Kong, Cushman & Wakefield, commented, “We are extremely proud to be recognized again as an industry leader, demonstrating our innovation and vision to bring a fresh new retail concept to life here in Hong Kong. It is always hard to kickstart a new trend, but in Wellness Real Estate we truly believe we are building a sustainable retail lifestyle, one that can transcend time and property types, and which is intended to endure as a post-pandemic new norm. The H.A.N.D.S. mall project has been highly successful, and again demonstrates our positioning and track record as a trusted partner and innovator to both landlords and tenants alike into the future.”

K K Chiu, Chief Executive, Greater China, Cushman & Wakefield, said: “Congratulations to our professional teams on their stellar performances. These Highly Commended awards at the RICS Awards in Hong Kong again demonstrate the results of our joint commitment to client-centric service and innovation in the industry.”

Cushman & Wakefield’s RICS Award 2022 success in Hong Kong has also been matched in mainland China, with the firm taking top honors across multiple service lines, including Best Deal of the Year (Leasing), Research Team of the Year, Professional Consultancy Service Team of the Year — Real Estate (Valuation and Advisory Services), and Real Estate Financing Innovation Achievement of the Year. This dual recognition in mainland China and Hong Kong markets is indicative of the firm’s expertise and collaborative synergies that underpin its market leadership across the Greater China region.

John Siu, Managing Director, Hong Kong, Cushman & Wakefield, concluded, ” We are proud of our tradition of success at the RICS Hong Kong Awards, and such recognition from highly regarded and impartial third parties remain a clear demonstration of our ability to meet and exceed client needs.”

Please click HERE to download high-resolution photos.

Hashtag: #Cushman&Wakefield

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms in the world, with approximately 50,000 employees in over 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region, earning recognition and winning multiple awards for industry-leading performance. In 2021, the firm had revenue of $9.4 billion across core services including valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. To learn more, visit or follow on Twitter.

Grand Pharma’s Global Innovative Product STC3141 Achieved the Clinical Endpoint of The Phase Ib Clinical Trial for the Treatment of ARDS in China

  • According to the data analysis of the clinical trial, in the primary endpoint of the study, STC3141 did not suggest any potential serious safety problems or unexpected results in the overall safety profile, showing favorable safety and tolerance;
  • In the analysis of the secondary endpoint of efficacy, STC3141 showed positive signals compared with standard treatment method in terms of alleviating the severity of ARDS, improving the prognosis of ARDS patients, helping ARDS patients to be weaned off the ventilator and shortening the ICU length of stay;
  • The Phase IIa clinical study of STC3141 for the treatment of severe COVID-19 patients conducted in Europe has also achieved its clinical endpoint, with no serious drug-related adverse reactions, and the patients were well tolerated.

HONG KONG SAR – Media OutReach – 31 October 2022 – Grand Pharmaceutical Group Limited (“Grand Pharma“, stock code: 00512) announced that that the global innovative drug STC3141 in the field of severe disease, which is developed by its wholly-owned subsidiary Grand Medical Pty Ltd (an innovative drug R&D center set up by Grand Pharma in Australia), has successfully achieved the clinical study endpoint of the phase Ib clinical trial for the treatment of acute respiratory distress syndrome (“ARDS“) in China (“NCT05000671“).

NCT05000671 is a randomized, double-blind, placebo-controlled Phase Ib clinical study for investigating and evaluating the safety, tolerability and pharmacokinetics of the drug in patients with ARDS. The study received clinical approval for conducting clinical study from the National Medical Products Administration of the People’s Republic of China (NMPA) in March 2021 and completed the first patient enrollment in October, enrolled all patients in July 2022, and completed all follow-up and data analysis recently. A total of 16 evaluable subjects were enrolled in the study. All patients received standard intensive care unit (“ICU“) supported treatment and care appropriate to their conditions, adopting the principle of continuous 72-hour intravenous administration and dose-escalation grouped dosing. Subjects in each group were continuously observed until the 28th day after receiving treatment.

According to the data analysis of the clinical trial, in the primary endpoint of the study, STC3141 did not suggest any potential serious safety problems or unexpected results in the overall safety profile, showing favorable safety and tolerance. Meanwhile, in the analysis of the secondary endpoint of efficacy, STC3141 showed positive signals compared with standard treatment method in terms of alleviating the severity of ARDS, improving the prognosis of ARDS patients, helping ARDS patients to be weaned off the ventilator and shortening the ICU length of stay. It provides a solid foundation for further clinical research of the product.

ARDS is one of the main causes of death in ICU patients, and currently there is no effective medication treatment method in clinical practice. According to a statistical data related to nearly 30,000 patients in 459 ICUs of 50 countries around the world, the prevalence of ARDS is approximately 10.4% in critically ill patients, the overall mortality rate is approximately 34% in hospital, and mortality rate is approximately 60% in severe patients. In addition, among patients with severe COVID-19, ARDS is also one of the main causes of death, indicating an urgent clinical demand and tremendous market prospect.

STC3141 is a global innovative small molecule compound with a new mechanism of action independently developed by Grand Pharma. It can reverse the organ damage caused by the body’s excessive immune response by neutralizing extracellular free histones and neutrophil traps, and can be used for a variety of severe indications. The relevant preclinical research results of the product have been published in the top academic journal “Nature Communications” in February 2020, which has far-reaching academic influence.

In terms of clinical research, in addition to the Phase Ib clinical study for the treatment of ARDS patients conducted in China, the Phase IIa clinical study of STC3141 for the treatment of severe COVID-19 patients conducted in Europe has also achieved its clinical endpoint, with no serious drug-related adverse reactions, and the patients were well tolerated. Moreover, the product has approved to conduct Phase Ib clinical studies for the treatment of sepsis in Australia in May 2020 and in Belgium in April 2022, respectively, comprehensively promoting the international multi-center clinical trials.

Grand Pharma commented, “The achievement of the clinical endpoint in the Phase Ib clinical study in China of this project is not only an important milestone in the Group’s global clinical research process, but also provide solid data support for the subsequent clinical development of the product. In the future, the Group will continue to adopt the R&D concept of independent R&D and global expansion to create a full-cycle management product cluster for chronic airway diseases and a pipeline of anti-infection products for severe diseases, so as to continuously strengthen the Group’s industry position in this field.”

Hashtag: #GrandPharma

US Ambassador Donates to Conserve Ancient Wall Paintings in Savannakhet

Photo credit: Savanhphathana News

The US Ambassador to Laos, Mr. Peter Haymond has donated almost USD 50,000 to preserve wall paintings in three ancient temples in Savannakhet.

Protecting the Best Moments: Reckitt’s brand Dettol named Official Hygiene Partner for the 2022 Cathay Pacific/HSBC Hong Kong Sevens

  • All-round hygiene protection for world class players and over 30,000 participants at the first Hong Kong Sevens tournament since the pandemic
  • Engagement with local rugby stars in a series of brand videos shows how Dettol helps ‘protect the best moments’
  • Renowned former sports anchor Vince Ng to share experience at the tournament on social media

HONG KONG SAR – Media OutReach – 31 October 2022 – As part of its ongoing partnership with the Hong Kong Rugby Union, Reckitt’s brand Dettol is joining as Official Hygiene Partner of the world-renowned Cathay Pacific/HSBC Hong Kong Sevens, helping to implement enhanced hygiene protocols for the tournament. Returning for the first time since the pandemic, the tournament will see 16 teams battle it out over three days from 4th – 6th November 2022.

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“At Reckitt, we put people first. This passion drives us in seeking new opportunities to build shared success with our partners from different segments. It is our great honour to collaborate with the Hong Kong Rugby Union once again as part of our deepened partnership, to protect all fans at the first Hong Kong Sevens since the pandemic so that everyone can enjoy the three-day event to the fullest,” said Boudewijn Feith, General Manager, Hong Kong/Taiwan at Reckitt.

“As one of the world’s most trusted disinfectant brands, Dettol will continue to protect everyone’s best moments with our expertise, to help enable the safe return of more much-anticipated mass events.”

In keeping with Reckitt’s purpose in pursuit of a healthier and cleaner world built on the foundation of good hygiene, Dettol will promote positive public hygiene practices and provide easy access to its widely trusted hygiene and disinfectant products for supporters, players, and officials throughout the weekend.

Providing All-rounded Protection with Dettol’s Extensive Range of Products

Throughout the three-day extravaganza of international rugby revelry, Dettol will provide all-round onsite hygiene protection with the setting up of Dettol hand sanitizer stations at over 130 spots covering the executive suites, concourse, entrances and security check zones across the Hong Kong Stadium. Dettol disinfectant products will be used in the comprehensive sanitisation protocols of the players’ changing rooms, and Dettol will provide personal hygiene and disinfectant solutions as care packages to the players. This extensive protection is the key to ensure a safe and confident return of mass participatory events like the Hong Kong Sevens.

Engaging Local Star Players and Popular Sports Influencers throughout the Campaign

With the goal of vividly illustrating how Dettol can protect everyone’s best moments, star players from the Hong Kong Team and popular sports influencers have been engaged throughout the campaign. Players from the Men’s and Women’s team have taken part in three brand videos encouraging good personal hygiene protection practices using Dettol’s products such as hand sanitiser and body wash. The players used these practices to protect the most important moments in a game, such as the half-time break and victory celebrations. Renowned TV and sports programme host Johnny Hui Pok-man narrated the videos, and his lively commentary helps convey the brand’s messages in an impactful and engaging manner.

In order to share the fast and furious rugby action and Dettol’s enhanced hygiene protocols with those outside of the stadium, Dettol also engaged former sports news anchor Vince Ng as an onsite commentator. He will report on the best moments of the long-awaited tournament, interact with spectators and share across social media throughout this unmissable event.

“We are thrilled to have Reckitt and Dettol’s continued support for our flagship event. This engagement follows Dettol’s successful Principal Partnership of the Hong Kong Rugby Premiership. As the first Hong Kong Sevens tournament since the pandemic, the partnership with a globally trusted hygiene brand like Dettol is instrumental in helping us return safely and successfully.”

“The wait is now over and we are looking forward to welcoming the crowd back at the Cathay Pacific/HSBC Hong Kong Sevens, and bringing more truly unforgettable moments to all,” said Bryan Rennie, Head of Commercial and Business Development of the Hong Kong Rugby Union.

Globally, Dettol has partnered with many leading organizations and supported major events worldwide, including the Birmingham 2022 Commonwealth Games, the English Football Association (FA), Cricket Australia, Hilton Hotels, and British Airways, to deliver its brand purpose of protecting what people love — be that families, sports, or day-to-day life moments.

Hashtag: #Reckitt #Dettol

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

About Reckitt

Reckitt* exists to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We believe that access to the highest-quality hygiene, wellness and nourishment is a right, not a privilege.

Reckitt is the company behind some of the world’s most recognisable and trusted consumer brands in hygiene, health and nutrition, including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, Woolite and more.

Every day, more than 20 million Reckitt products are bought globally. We always put consumers and people first, seek out new opportunities, strive for excellence in all that we do and build shared success with all our partners. We aim to do the right thing, always.

We are a diverse global team of c. 40,000 colleagues. We draw on our collective energy to meet our ambitions of purpose-led brands, a healthier planet and a fairer society. Find out more, or get in touch with us, at

* Reckitt is the trading name of the Reckitt Benckiser group of companies

About Dettol

The brand first started in hospitals 80 years ago, where Dettol Antiseptic Liquid was first used for the cleaning and disinfection of skin during surgical procedures. As a trusted brand by doctors, Dettol was also used to protect mothers from illness after childbirth.

Ever since then, Dettol has been trusted around the world to help prevent wounds from infection, prevent sickness and help mums protect their families by killing harmful germs and helping to create safe environments for them to thrive in.

The brand continues to be one of the most trusted protectors of health. It’s still valued today as a reliable and effective product which is safe to use on skin but also powerful enough to use for environmental germ-killing tasks.

For more information, please visit:

About HKRU

The Hong Kong Rugby Union (HKRU) was founded in 1952, and became an affiliated union of World Rugby in 1988. In 1968, the HKRU became a founding member of Asia Rugby and remains committed to the development of the game in Asia. In 2008, the HKRU presented the first neutral-venue Bledisloe Cup – followed by a second match in 2010. In 2013, the HKRU hosted the first British & Irish Lions match played in Asia and the following year hosted the first regional Olympic qualifier tournament for Rugby Sevens. The HKRU is a member of the Sports Federation & Olympic Committee of Hong Kong, China and provides competitive and social rugby opportunities for men and women at every age and skill level. For more information, please visit:

Bokeo International Airport’s Construction to Wrap up by 2023

The nearly finished construction of Bokeo International Airport. Photo credit: thaipublica.org/

Bokeo International Airport, whose construction started in 2020 is expected to be complete by next year.

Russia Starts Direct Flight to Laos from Vladivostok to Vientiane

Ural Airlines flight at Wattay Airport in Vientiane.

The first flight operated by Ural Airlines flying non-stop from Vladivostok, Russia, landed at Wattay International Airport on Saturday evening.