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DEUTZ AG: Supervisory Board of DEUTZ AG extends term of appointment of CEO Dr. Sebastian C. Schulte by five years

COLOGNE, GERMANY – EQS Newswire – 19 January 2023 – The Supervisory Board of DEUTZ AG today decided on the early extension of the term of appointment of CEO Dr. Sebastian C. Schulte. He has now been appointed for a further five years, with his new term of office running until December 31, 2028.

Dr. Dietmar Voggenreiter, Chairman of the Supervisory Board of DEUTZ AG: “Following on from the new appointments to the Board of Management at the end of last year, this is another key step in preparing DEUTZ for the challenges of the future. The encouraging business performance over the course of 2022 proves that we are on the right track. Extending the term of appointment ensures stability for the Board of Management. I look forward to continuing our constructive and successful working relationship.”

Dr. Schulte has been a member of the Board of Management since January 1, 2021, and CEO of DEUTZ AG since February 12, 2022. Under his leadership, the Group successfully launched the Powering Progress strategy program last year. Its objective is to prepare the Group for the transformation of the transport sector, to further expand the service business, and to grow in the classic engine business.

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

About DEUTZ AG

DEUTZ AG, a publicly traded company headquartered in Cologne, Germany, is one of the world’s leading manufacturers of innovative drive systems. Its core competencies are the development, production, distribution, and servicing of drive solutions in the power range up to 620 kW for off-highway applications. The current portfolio extends from diesel, gas, and hydrogen engines to hybrid and all-electric drives. DEUTZ drives are used in a wide range of applications including construction equipment, agricultural machinery, material handling equipment such as forklift trucks and lifting platforms, commercial vehicles, rail vehicles, and boats used for private or commercial purposes. DEUTZ has around 4,750 employees worldwide and over 800 sales and service partners in more than 130 countries. It generated revenue of around €1.6 billion in 2021.

Further information is available at .

Hang Lung’s Two Shanghai Landmarks Achieve Top Ratings in Global Sustainable Building Certifications

Plaza 66 is the first operating property and the largest commercial complex in mainland China to receive platinum ratings for LEED V4.0 Existing Building: Operations and Maintenance and WELL V2 Core certifications

HONG KONG SAR – Media OutReach – 18 January 2023 – Hang Lung Properties (the “Company” or “Hang Lung”, SEHK stock code: 00101) is pleased to announce its Shanghai landmarks, Plaza 66 and Grand Gateway 66, have reached new milestones receiving a Platinum certification by the U.S. Green Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED) under the LEED V4.0 Existing Building: Operations and Maintenance (LEED V4.0 EB: O+M) rating system. In addition, Plaza 66 has also garnered the WELL V2 Core Platinum certification from the International WELL Building Institute (IWBI), making it mainland China’s first operating property and the largest commercial complex comprising both retail and office components to have attained platinum ratings for both certifications. note 1

Plaza 66 is the first operating property and the largest commercial complex in mainland China to receive platinum ratings for LEED V4.0 Existing Building: Operations and Maintenance and WELL V2 Core certifications

Plaza 66 is the first operating property and the largest commercial complex in mainland China to receive platinum ratings for LEED V4.0 Existing Building: Operations and Maintenance and WELL V2 Core certifications

Plaza 66 and Grand Gateway 66 have operated for over two decades in prime locations in Shanghai. Receiving these prestigious certifications for LEED V4.0 EB: O+M and WELL V2 Core is evidence of the Company’s dedicated and ongoing efforts to enhance the environmental, health and wellness performance of its properties.

Grand Gateway 66 has achieved Platinum certification under the LEED V4.0 Existing Building: Operations and Maintenance rating system

Grand Gateway 66 has achieved Platinum certification under the LEED V4.0 Existing Building: Operations and Maintenance rating system
Grand Gateway 66 has achieved Platinum certification under the LEED V4.0 Existing Building: Operations and Maintenance rating system


Developed by USGBC, LEED is the most widely used green building rating in the world and an international symbol of excellence. The WELL Certification awarded by IWBI is the premier building standard focusing on enhancing occupants’ health and wellbeing through the buildings where they live and work.

Opened in 2001 and having completed an Asset Enhancement Initiative in 2017, Plaza 66, a leader and trend-setter in the high-end fashion and real estate industries in Shanghai, performed outstandingly in all parameters of LEED and WELL certifications ranging from energy performance and water management practices to indoor air quality and access to fitness and nourishment. Some key sustainability features include:

  • U.S. Energy Star rating of 95 (out of 100)
  • Sustainable consumables utilization rate of 66.9%
  • Waste diversion rate of 91.9% for daily consumables
  • Enhanced indoor air quality monitoring and HEPA level air filtering system
  • Clean, drinking water directly from a water purification system that has achieved WELL Water Standard, and that also avoids plastic waste from buying bottled water

Grand Gateway 66, the Company’s first large-scale commercial complex in mainland China, opened in 1999, comprises a mall, office towers and serviced apartments. Having completed a three-year large-scale Asset Enhancement Initiative in 2020, the project scored highly under LEED in areas of materials and resources, water efficiency, innovation and indoor environmental quality. Some of the building’s impressive green metrics include a 60.8% reduction in water usage, and a more than 85.8% waste diversion rate for daily consumables, which is 35.8% higher than the LEED baseline.

“Recognition from LEED and WELL are testament to our vision of creating compelling spaces that enrich lives. We continue to improve the environmental performance of our properties in support of our 2050 net-zero targets, and to enhance the health and wellbeing of our buildings for all of our stakeholders,” said Mr. Adriel Chan, Hang Lung Properties Vice Chair and Chair of Sustainability Steering Committee.

1. The information is based on the result announced on the LEED and WELL official websites as of January 15, 2023.

Hashtag: #HangLung

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 .

Entertainment Venues Warned Against Violating Closing Hour Rules

An entertainment venue in Vientiane Capital.

Vientiane Capital Department of Information, Culture, and Tourism announced this week that it will start inspecting entertainment venues in the capital to ensure that they are not open after midnight.

Tap & Go launches eco-friendly e-Laisees to welcome the Year of the Rabbit

Enjoy up to and over HK$100 in Tap & Go stored value and various travel privileges

HONG KONG SAR – Media OutReach – 18 January 2023 – HKT (SEHK: 6823) – To encourage customers to deliver new year wishes to family and friends in a convenient, earth-friendly way in the Year of Rabbit and facilitate the development of digital economy in Hong Kong, the Tap & Go1 mobile wallet under HKT Payment Limited is launching five animated e-Laisees.

Earn while you give with low-carbon eco-friendly e-Laisees

From 17 January 2023, customers can give out e-Laisees2 through their mobile wallets to family and friends’ Tap & Go accounts, or send e-Laisees to other bank accounts or mobile wallets via FPS (Faster Payment System).

From now until 1 February 2023, existing and new Tap & Go customers who successfully give out eight e-Laisees through the Tap & Go mobile wallet to family and friends will have a chance to receive HK$18 in Tap & Go stored value3. New Tap & Go customers will have a chance to receive an additional HK$88 in Tap & Go stored value4, for a total of up to and over HK$100 in Tap & Go stored value as an auspicious reward. Check out the website to see how to earn while you give: https://tapngo.com.hk/eng/elaisee.html

It’s simple to give out Tap & Go e-Laisees:

– Choose from the five animated e-Laisees
– Add a pre-set or personalised message
– Drag banknote image(s) of different denominations (e.g.$20 or $50) or enter an auspicious amount (e.g. $168, $188 or $888) into your e-Laisee
– Choose to send a single or a pair of e-Laisee(s)
– Share the link with your loved ones, who can open their e-Laisees with just one click and enjoy the animation

Even if customers cannot greet all their loved ones in person, anyone 11 years old or above can share a virtual Fai Chun and a designated QR code with their family and friends via the Tap & Go mobile wallet to express their blessings and receive e-Laisees online2, wherever they may be.

Travel for good luck and enjoy fabulous rewards

Want to travel and ring in good fortune for 2023 with your e-Laisees? Travel promotions and privileges will soon be offered to customers who spend on the designated website5 of Club Travel (Travel Agent Licence Number: 350873), a one-stop online travel platform. These may include:

  • 10% discount6 on selected hotel bookings with a designated discount code
  • An additional 3% spending rebate7 exclusively for Tap & Go customers on the first purchase, which will be credited to customers’ The Club accounts in the form of Clubpoints. With the 2% basic rebate8 that The Club members enjoy on spending, customers can enjoy a total of 5% spending rebate to redeem fabulous rewards for their upcoming purchases
  • A 50% off promo code9 for travel insurance10 per purchase with any spending

Promotion details and the applicable terms and conditions will be announced by Club Travel and Tap & Go shortly11

In addition to hotel stays and travel insurance, data roaming is also a travel must-have. From now until 31 December 2023, purchase a Go Travel SIM with seven-day 4G travel data12 on the designated website (https://clubsim.com.hk/en/go/gotravelsim/) to enjoy a HK$10 discount13 with a designated discount code.

The Club exclusive offer – power up the value of Laisees!

From now until 31 January 2023, Tap & Go customers who are also The Club members can log in to the Tap & Go Bazaar section of The Club website or The Club mobile app, check out with Tap & Go Mastercard® card and designated promo code to enjoy exclusive offers on designated puddings, travel accessories, e-sports products and household appliances, with up to 50% discount14 on selected items. Find out more at: https://shop.theclub.com.hk/promotions/cny2023/tapngo-bazaar.html.

Download the Tap & Go mobile wallet and register for an account now:

For details about the Tap & Go service and account opening, please visit the Tap & Go website at www.tapngo.com.hk or call the Tap & Go service hotline on +852 2888 0000.

1. Tap & Go is operated by HKT Payment Limited (Stored Value Facilities Licence Number: SVF0002) and subject to its relevant terms and conditions (www.tapngo.com.hk/eng/tnc.html).
2. The functions of giving out and receiving e-Laisees are applicable to Plus(i), Plus(ii) and Pro accounts. Details on the type of accounts can be found here: https://www.tapngo.com.hk/eng/tnc.html. Customers are required to successfully register for FPS (Faster Payment System) in order to send e-Laisees to other bank accounts/mobile wallets, or receive e-Laisees from other bank accounts/mobile wallets.
3. Quota of 3,000 applies on a first-come-first-served basis while stocks last. Promotion is subject to the relevant terms and conditions: https://tapngo.com.hk/eng/elaisee.html
4. Quota of 100 applies on a first-come-first-served basis while stocks last. Promotion is subject to the relevant terms and conditions: https://tapngo.com.hk/eng/elaisee.html
5. Designated website of Club Travel refers to: https://trip.clubtravel.com.hk.
6. Promotion is subject to the relevant terms and conditions. Promotion period and details will be announced on the Club Travel website (https://trip.clubtravel.com.hk/). Club Travel (Travel Agent Licence Number: 350873)
7. Promotion is subject to the relevant terms and conditions. Promotion period and details will be announced in the promotions section of the Tap & Go mobile wallet. The additional 3% Clubpoints rebate is only applicable to The Club members’ first eligible transaction on the designated Club Travel website made with Tap & Go Mastercard card or UnionPay card (including Tap & Go Mastercard card or UnionPay card in Tap & Go primary account or a Tap & Go CVS account*). Clubpoints rebate is calculated based on the net spending amount. The percentages of rebates and values of Clubpoints are calculated based on the Clubpoint conversion ratio when using “Spend Less with Clubpoint” function on Club Travel website (currently 5 Clubpoints to HK$1). The Clubpoint conversion ratio of “Spend Less with Clubpoint” function is subject to changes from time to time without prior notice. For details, please visit: https://www.clubtravel.com.hk/en/pages/81751ED106CA2364/Club%20Travel%20Earn%20and%20Use%20Cl ubpoints%20Service%20Terms%20and%20Conditions. The calculation, redemption and validity period of Clubpoints are subject to related terms and conditions of Club HKT Limited. For details, please visit the club website at https://www.theclub.com.hk/en/terms-and-conditions.html. In the case of any dispute, Club Travel and Club HKT Limited’s decision will be final, binding and conclusive.
Club Travel (Travel Agent Licence Number: 350873)
*Designation of Tap & Go as the stored value facility account for receiving the consumption voucher under the Consumption Voucher Scheme (“CVS”) provided by the HKSAR Government (“Government”) is subject to the Tap & Go’s Government consumption voucher Terms and Conditions (www.tapngo.com.hk/eng/cvs_tnc.html), the Government CVS (www.consumptionvoucher.gov.hk/en/index.html) and the approvals, actions and decisions of the Government.
8. The 2% basic Clubpoints rebate is applicable to existing The Club members on the eligible spending under The Club loyalty programme. Clubpoints rebate is calculated based on the net spending amount. The percentages of rebates and values of Clubpoints are calculated based on the Clubpoint conversion ratio when using “Spend Less with Clubpoint” function on Club Travel website (currently 5 Clubpoints to HK$1), which is subject to changes from time to time without prior notice. Details here: https://www.clubtravel.com.hk/en/pages/81751ED106CA2364/Club%20Travel%20Earn%20and%20Use%20Cl ubpoints%20Service%20Terms%20and%20Conditions. The calculation, redemption and validity period of Clubpoints are subject to related terms and conditions of Club HKT Limited. For details, please visit the club website at https://www.theclub.com.hk/en/terms-and-conditions.html. In the case of any dispute, Club Travel and Club HKT Limited’s decision will be final, binding and conclusive.
9. Promotion is subject to the relevant terms and conditions. Promotion period and details will be announced on the Club Travel website (https://trip.clubtravel.com.hk/). The promotion is brought to you directly by HKT Care/HKTIA and MSIG Insurance (Hong Kong) Limited (“MSIG”). Club HKT Limited, HKT Payment Limited, Club Travel and all other entities of the HKT Group (other than HKT Care/HKTIA) are not arranging for any contract of insurance or carrying on any regulated activities (as defined under the Insurance Ordinance) in connection with this promotion, are not the supplier of the “iTravel Plus Single Trip” (the “Plan”), any insurance related services or this promotion, do not represent HKT Care/HKTIA or MSIG, and accept no liability for the quality of or any other matters relating to products and/or services provided by HKT Care/HKTIA and MSIG. These promotional materials are not an insurance policy or a contract of insurance. All information in respect of the Plan is provided by MSIG. Any information in respect of the Plan given herein is subject to the policy provisions of the Plan, the product brochure and the related terms and conditions (the “Policy Documents”). Any promotional offer(s) or material(s) should be read in conjunction with the relevant Policy Documents.
Customers should not apply for the relevant insurance product(s) solely on the basis of any promotional offer(s) or material(s). The above does not contain the full terms and conditions of the Plan.
10. Travel insurance refers to “iTravel Plus Single Trip” (the “Plan”). For this Plan, HKT Care (operated by HKT Financial Services (IA) Limited (“HKTIA”) acts as an appointed licensed insurance agency (Insurance Agency Licence No.: FA2474) to distribute and arrange for insurance product, which is underwritten by MSIG Insurance (Hong Kong) Limited. Terms and Conditions apply. For coverage details and exclusions, please refer to the Policy Documents of this Plan or call HKT Care Customer Service Hotline 8209 0098 for more details.
11. Subject to promotion terms and conditions to be published on the Club Travel website (https://trip.clubtravel.com.hk/) and the promotions section of the Tap & Go mobile wallet.
12. Go Travel SIM Card 7-day 4G travel data is applicable to 15 destinations: Mainland China, Macau, Australia, Cambodia, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Vietnam, Taiwan and Thailand. When the 4G travel data usage reaches 500MB daily, the data speed will be adjusted to no higher than 256kbps. 4G travel data is valid for 365 days. When the 365 day validity period expires, any unused data balance will be forfeited and you will not be compensated in any way. Go Travel SIM card and
SIM card service are provided by CSL Mobile Limited (“csl”). HKT Payment Limited accepts no liability for the quality of or any other matters relating to goods, products and/or services provided by csl.
13. Promotion is subject to the relevant terms and conditions: https://bit.ly/3YfCykx. The quota for the discount code is 8,000 and on a first-come-first-served basis while stocks last.
14. Promotion is subject to the relevant terms and conditions: https://shop.theclub.com.hk/promotions/cny2023/tapngo-bazaar.html. Products are limited in availability and on a first-come-first served basis while stocks last. Discounts are calculated based on suggested retail prices. The products and/or promotion is/are subject to change from time to time without prior notice. The calculation, redemption and validity period of Clubpoints are subject to related terms and conditions of Club HKT Limited. For details, please visit the club website at https://www.theclub.com.hk/en/terms-and-conditions.html. HKT Payment Limited accepts no liability for the quality of or any other matters relating to goods, products and/or services provided by Club HKT Limited.

Hashtag: #TapandGo

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

About HKT

HKT is a technology, media, and telecommunication leader with more than 150 years of history in Hong Kong. As the city’s true 5G provider, HKT connects businesses and people locally and globally. Our end-to-end enterprise solutions make us a market-leading digital transformation partner of choice for businesses; whereas our comprehensive mobile communication and smart living offerings enrich people’s lives and cater for their diverse needs for work, entertainment, education, well-being, and even a sustainable low-carbon lifestyle. Together with our digital ventures which support digital economy development and help connect Hong Kong to the world as an international financial centre, HKT endeavours to contribute to smart city development and help our community tech forward.

S&P and Investment Banks Issue Reports, Expressing their Optimism on Fosun’s RMB12 Billion Syndicated Loan to Enhance Liquidity

HONG KONG SAR – Media OutReach – 18 January 2023 – At the beginning of 2023, S&P Global Ratings (“S&P”) and a number of international investment banks including Morgan Stanley and Daiwa Capital Markets have issued reports respectively, expressing their optimism on the RMB12 billion syndicated loan secured by Fosun High Technology, the domestic operating entity of Fosun International Limited (“Fosun International” or the “Company”, HKEX: 00656) to further enhance the Company’s liquidity. Morgan Stanley and Daiwa Capital Markets reiterated their “Overweight”/”Buy” rating on Fosun International.

According to S&P’s report, Fosun’s newly signed syndicate loan will largely cover onshore bonds due within a year. S&P believes that Fosun International’s total debt at the holdco level could drop by 15%-25% in 2023 as the Company continues to dispose of assets and pay down matured bonds, thereby further improving its liquidity.

S&P also noted that Fosun’s successful issuance of the RMB1 billion 180-day commercial paper backed by credit risk mitigant warrants provided by Bank of Shanghai on 13 January was Fosun’s first issuance in the onshore market after a nine-month hiatus, marking a first baby step and indicating a recovery of the public bond market access.

Market analyst pointed out that the successful issuance of the super & short-term commercial paper and the smooth completion of more than RMB10 billion syndicated loan reflect financial institutions and investors’ confidence in the stabilization of Fosun’s capital and their endorsement of Fosun’s strategy of streamlining the organization and focusing on its core businesses. Daiwa Capital Markets pointed out that Fosun has showed its commitment to repay maturing debt, the accumulated cash through ongoing asset sales and syndicated loans seems close enough to pay back the short-term debt. In fact, over the past six months or so, Fosun’s series of divestment actions in the capital market have gained widespread attention. During the period, companies under Fosun significantly reduced their shareholdings in Nanjing Iron and Steel United, Jianlong, Zhaojin Mining, Tsingtao Brewery, Jinhui Liquor, Zhongshan Public Utilities, Sanyuan, and COFCO Engineering & Technology. According to incomplete statistics, Fosun’s accumulative return of capital has reached tens of billions of yuan. In addition to this syndicated loan and the super & short-term commercial paper, Fosun’s capital has been further consolidated.

Morgan Stanley mentioned in the report that Fosun High Technology has signed a syndicated RMB12 billion loan agreement with eight banks (Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications as joint lead banks, and China Minsheng Bank, the Export-Import Bank of China, and Shanghai Pudong Development Bank as participating banks) to further improve the Company’s liquidity, thereby significantly helping lift market confidence in Fosun’s stability. Morgan Stanley believes that after several months of proactive deleveraging efforts, Fosun’s liquidity risks have been reduced substantially. Looking ahead, China’s reopening will help with fundamentals, particularly tourist, retail, and investment businesses.

In fact, Fosun’s Happiness business has shown a strong recovery momentum. Taking Fosun Tourism Group as an example, on the New Year’s Day this year, Atlantis Sanya, FOLIDAY Town Lijiang and other businesses have all performed better than the same period before the COVID-19 epidemic, and many Club Med resorts in China recorded close to 100% occupancy. In the global market, Club Med’s bookings in the first half of 2023 have greatly exceeded the same period in 2019 before the COVID-19 epidemic.

Taking Fosun Pharma in the Health segment as another example, its anti-epidemic vaccine and drug continue to attract great attention. COMIRNATY®, including the monovalent COVID-19 mRNA vaccine (BNT162b2) and the bivalent vaccine which can protect against the Omicron variant, was officially registered as a drug/product (biological product) in Hong Kong SAR on 20 December 2022. Self-paid vaccination service for bivalent COVID-19 vaccine COMIRNATY® is officially provided in Hong Kong SAR, offering more vaccine options for people in need.

As regards Azvudine, the oral medication for COVID-19, it is now included in the medical insurance scheme in 31 provinces, municipalities, and autonomous regions across the country, and is available in grassroots medical institutions in many provinces. The accessibility of Azvudine has been greatly enhanced. In recent years, Fosun proposed to position itself as a global innovation-driven consumer group. In the past six months or so, Fosun has significantly accelerated its pace of focusing on its core businesses in the family-oriented consumer sector.

Based on Fosun’s solid financial performance and strong potential for rebound, domestic and overseas securities firms have recently issued research reports, assigning Fosun International an “Overweight”/”Buy” rating. On 12 January, Nomura Orient International Securities published a research report and mentioned that Fosun International currently has sufficient cash flow, the short-term liquidity problem has been resolved, the future leverage ratio is expected to be reduced, and the capital structure will continue to be optimized; at the operational level, Fosun will firmly focus on its core businesses in the family-oriented consumer sector. With the continuous optimization of China’s epidemic prevention policy, the firm expects Fosun to achieve better performance.

In addition, China International Capital Corporation (CICC) and China Industrial Securities have published research reports successively and expressed their optimism on Fosun’s strategy of streamlining the organization and focusing on its core businesses. CICC mentioned in the research report that in the medium and long term, the firm believes that the valuation method of Fosun International is expected to gradually shift from using the NAV of the group to using the PE of the large consumer company. As a result, Fosun is expected to usher in a rise in the central level of long-term valuation.

Hashtag: #Fosun

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

Civil Servant Downsizing Efforts Likely to Fall Short, Predicts Minister

Civil Servant Downsizing Likely to Fall Short, Minister Predicts
Minister of the Home Affairs, Mr. Thongchanh Manixay speaking during the National Assembly (photo: Pathedlao)

The government’s goal of reducing the number of civil servants from 2.3 percent to 1.8 percent by the end of this year is unlikely to be met, informed a minister at a recent National Assembly session.

Make Home Security Your New Year’s Resolution With Arlo

Turn to Arlo for the easiest New Year’s resolution you’ll ever make!

SINGAPORE – Media OutReach – 18 January 2023 – Struggling to come up with a New Year’s resolution you’ll actually stick to? Arlo, a leading home security brand, brings you the easy solution! For more confidence and peace of mind in 2023, try taking advantage of Arlo’s award-winning portfolio of advanced security cameras, which let you check in on your loved ones, pets, home, and important belongings easily at anytime from anywhere. With Arlo delivering the ultimate protection and security, you can spend less time worrying and more time staying connected with who and what you love most.

Don’t know where to start? Popular choices for Arlo’s home security solutions include the Arlo Pro 4 Wire-Free Spotlight Camera and the Arlo Essential Indoor Security Camera.

Arlo Pro 4 Wireless Security Camera

The versatile Arlo Pro 4 Wireless Security Camera features advanced technologies such as 2K HDR video quality, an integrated spotlight with colour night vision and a 160-degree field of view to deliver superior video quality whether day or night, outdoor or indoor. Easily connect the Pro 4 directly to Wi-Fi to enable a hassle-free set-up as a standalone security solution or a complimentary camera to an existing Arlo ecosystem. Its two-way audio allows users to have crystal-clear communication, while the built-in smart siren wards off any unwanted visitors on the property.

Arlo Pro 4 Wireless Security Camera: SGD369 (RP: SGD409)

Arlo Essential Indoor Security Camera

The Arlo Essential Indoor Security Camera makes an ideal monitoring solution for those wishing to keep an eye on their home and loved ones, offering 1080p HD video, a 130-degree diagonal field-of-view, motion and audio detection and full-duplex audio for two-way conversations. It comes with a built-in siren as an added safety measure, which can be triggered automatically or manually from the Arlo app, which helps you to detect unusual sound or motion and take immediate action.

The Arlo Essential Indoor Security Camera is also equipped with an easy-to-control automated privacy shield that covers the camera lens. Aimed and designed to ease users’ privacy concerns, this reassuring feature gives you the power to decide when their camera is monitoring a room and recording video and audio and when it is not.

Arlo Essential Indoor Security Camera: SGD169 (RP: SGD209)

For more information on Arlo products and accessories, please visit https://kaira.arlostore.sg/.

Hashtag: #Arlo

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

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure and cuttingedge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and 4G LTEenabled security cameras, audio and video doorbells, and floodlight.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo doesn’t monetize personal data, provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

ARTEX Establishes the World’s First Art Shares Exchange

Regulated, liquid and MiFID II compliant

PARIS, LONDON – EQS Newswire – 18 January 2023 – ARTEX MTF AG (“ARTEX” ― www.artex.io) is pleased to announce that it has been granted a license to operate a Multilateral Trading Facility (MTF). ARTEX is a European Economic Area (EEA) domiciled company regulated by the Financial Market Authority (FMA) of Liechtenstein within the framework of the European Markets in Financial Instruments Directive (MiFID II).

At a time of elevated inflation, the global art market continues to expand and be sought after, as illustrated by record-breaking auction activity. Studies show art is a significant asset class (estimated at USD3.2tn) that is characterised by low volatility and strong returns over the long term, while being uncorrelated to more traditional equity and bond markets. As a result, heightened accessibility should bolster the attractiveness of art as an investable asset class.

By becoming the world’s first art shares exchange, ARTEX will offer millions the opportunity to invest and trade in a new alternative asset class. Dedicated market makers will stream real-time liquidity, within a tight spread, and in a frictionless manner. The license also enables ARTEX to onboard financial institutions seeking to become members of the exchange, in order to extend to their clients secure access to the highly anticipated first listing of an iconic masterpiece in the coming weeks. ARTEX aims to list more than EUR 1bn worth of artworks in the coming quarters.

ARTEX will initially focus on artworks from the world’s greatest masters, spanning a period from the Renaissance to the twentieth century. Each artwork will be held by a public limited company established in Luxembourg, whose shares will be admitted to trading on ARTEX through an initial public offering (IPO). Shareholders will not bear any of the running costs, such as those associated with the administration of the company, the custody of the artwork or insurance premiums. The resulting art shares will be in the form of standardised transferable securities, like any equity shares listed on a stock exchange.

ARTEX aims to democratise the fine art market, making it inclusive and accessible. Art shares are expected to have an initial nominal value of EUR 100, enabling millions to invest in some of the greatest artworks ever created. In addition, ARTEX-listed masterpieces will be on public display, in museums and exhibitions around the world. Finally, ARTEX will strive to empower investors by offering the latest news, market insights and educational content, levelling the playing field in art investing.

ARTEX has secured partnerships with well-established stock exchange infrastructure services providers to ensure a seamless trading experience and a robust trading platform. SIX will provide services relating to clearing and settlement services as well as market data feed. Bloomberg will provide market participants with its proven order management as well as risk and portfolio management systems. UnaVista, an LSEG business, will support ARTEX in fulfilling its information exchange and reporting with the relevant supervisory bodies.

Rothschild & Co is acting as financial advisor to ARTEX in relation to the IPOs of the artworks.

The complete list of financial institutions that are members of the exchange will be published on www.artex.io ahead of unveiling the first artwork to be listed.

H.S.H. Prince Wenceslas of Liechtenstein, ARTEX Co-Founder and Chairman commented: “From the start of our journey, we wanted ARTEX to be a fair and transparent marketplace where some of the greatest artworks ever created could be traded, not only for art collectors and merchants, but also for investors, anyone who is either passionate about art for its aesthetic and emotional value or interested in art as a compelling investment and/or portfolio diversification tool. Operating a trading venue under one of the most demanding regulatory frameworks in the world brings a high level of confidence that has been crucial to the success of our project. We look forward to the first listings and trading on ARTEX in the coming weeks.”

Yassir Benjelloun-Touimi, ARTEX Co-Founder and Chief Executive Officer commented: “We have been relentlessly working on the launch of ARTEX for three years now. I am thrilled that our vision of democratising iconic art investment is finally becoming a reality with the obtention of a license to operate what is to be the world’s first art shares exchange. ARTEX represents the alchemy of two worlds dear to my heart, art and finance. It is undoubtedly the most important opportunity in my life to make a far reaching positive social impact, allowing a new breed of art patrons, strong by millions, to not only invest in art but be invested in art itself. As we near our first listing and plan for many more in the future, I would like to thank our dedicated teams and committed partners, including SIX, Bloomberg and LSEG.”

Jos Dijsselhof, SIX CEO commented: “We are pleased to provide our reliable Clearing and Settlement services and Market Data Feed to ARTEX’s innovative MTF to democratise investment opportunities in timeless assets in order to reshape the art landscape. This is a further step in SIX’s commitment to innovation and we are proud to be part of it.”

Hashtag: #ARTEX

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

About ARTEX

ARTEX operates a secure and liquid art shares exchange, regulated and supervised by the Financial Markets Authority of Liechtenstein within the European MiFID II legislative framework. Providing easy access to a traditionally exclusive fine art market, ARTEX aims to democratise investing in artworks from the world’s greatest masters, spanning a period from the Renaissance to the twentieth century. ARTEX-listed masterpieces will be on public display, in museums and exhibitions around the world. ARTEX will strive to empower investors by offering the latest news, market insights and educational content to level the playing field in art investing. ARTEX was co-founded in 2020 by art enthusiasts and financial markets experts H.S.H. Prince Wenceslas of Liechtenstein and Yassir Benjelloun-Touimi. For more information about ARTEX, please visit .

“ARTEX MTF” is a Multilateral Trading Facility operated by ARTEX MTF AG, a Company incorporated in the Principality of Liechtenstein under company number FL-0002.682.571-2 with registered offices at Aeulestrasse 24 9495, Triesen, Liechtenstein. ARTEX MTF is regulated by the Financial Markets Authority under reference number 307407.