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Hungry Sausages Lab’s First NFT Collection Connects Digital Content to the Physical World as Uses Expand

HONG KONG SAR – Media OutReach – 25 February 2022 – Hungry Sausage Lab, a Hong Kong-based creative studio has announced the launch of a collection of NFTs titled Hungry Sausages on the Ethereum blockchain, which has been created to celebrate the establishment of Not For Teeth, a Physical NFT s Club in Hong Kong.

Joining hands with celebrity chef brand and well-known graffiti artist, the Studio will be unveiling 5,000 unique non—fungible tokens (NFTs) on the Hungry Sausages Web 3.0 site and OpenSea. The collection consists of 5,000 algorithmically generated 3-D characters, each with a randomized assortment of pre-designed 3D & 2D features. The team together with the celebrity chef brand and the graffiti artist, has contributed designs to 140+ traits in 9 categories such as eyes, teeth, hairstyles, clothes, accessories, incorporating signature elements of Hungry Sausage cartoonish aesthetic. The collection comes in five tiers: Normal, Rare, Very Rare, Epic and Legendary.

Hungry Sausages Collection Unlocks the Next Chapter for the Community & Brand, from Metaverse to Reality.

Holders of founding Hungry Sausages NFT collection will be given the privilege to acquire premium membership of the physical NFT club for various culinary, cultural and social experiences, while “unlock” the ability to purchase the epic NFTs in the upcoming collection.

“Metaverse isn’t a new thing at all that’s happening. We differentiate ourselves by offering the community with fun experience and great perks in a different way merging metaverse and reality. As the starting point of the Hungry Sausages journey, we will launch our first NFTs collection in collaboration with physical NFTs Club, celebrity chef brand and graffiti artist from the real-world.” Benny Cheng, Co-founder of the Hungry Sausages Lab said. “In our upcoming projects, we will further expand the boundary of Hungry Sausages for both virtual and physical world by launching products and events in collaboration with more global artists, licensors and brands from different industries such as art and fashion on cross-over concept.”

More About Hungry Sausages:

Instagram: https://www.instagram.com/hungrysausages/

Discord: https://discord.gg/WcdZmVFuJQ

#HungrySausages

Spackman Media Group Artist Son Ye-Jin’s New K-Drama, 39, Breaks Its Own Highest Record In Audience Rating Since Its Premiere In Korea

  • Represented by MSteam, a wholly-owned subsidiary of Spackman Media Group, Son Ye-jin stars in JTBC’s new drama, 39, which surpassed its highest record in audience rating since its premiere in Korea
  • The JTBC K-drama recorded its highest audience rating of 8.7% for its fourth episode, based on Nielson Korea’s nationwide household standards
  • As one of the flagship artists of Spackman Media Group, Son Ye-jin previously starred in tvN’s drama, CRASH LANDING ON YOU, which achieved massive record-breaking viewership success in Korea and Japan

SINGAPORE – Media OutReach – 25 February 2022 – Spackman Entertainment Group Limited (the “Group”), one of Korea’s leading entertainment production groups founded in 2011 by media & technology investor Charles Spackman, wishes to announce that Son Ye-jin of MSteam Entertainment Co., Ltd. (“MSteam”), a wholly-owned subsidiary of the Group’s associated company, Spackman Media Group Limited (“Spackman Media Group”), stars in JTBC’s new drama, 39, which broke its own highest record in audience rating since its premiere in Korea on 16 February 2022. Son Ye-jin is one of the flagship artists of Spackman Media Group.

According to Nielson Korea’s nationwide household standards, the JTBC K-drama, 39, recorded its highest audience rating of 8.7% for its fourth episode, in comparison to 4.4% for its first episode in Korea.

Directed by Kim Sang-ho of RUN ON (2020) and written by Yoo Young-ah of ENCOUNTER (2018) & KIM JI YOUNG, BORN IN 1982, 39 is a 12-episode drama about the romance and everyday lives of three friends who are on the verge of turning 40. Son Ye-jin plays the role of a 39 year-old dermatologist, who was born and raised by wealthy parents and presently works at her own clinic in Gangnam, Seoul.

Son Ye-jin’s previous tvN K-drama, CRASH LANDING ON YOU, achieved massive record-breaking viewership success in Korea and became a top hit in Japan, attaining #1 on Japan’s Netflix for four months. The K-drama was one of the top 10 Most Watched Netflix Shows in the United States. Son Ye-jin was awarded the Hallyu Drama Best Actress Award at the 15 th Seoul International Drama Awards for her role in CRASH LANDING ON YOU.

Her recent films include BE WITH YOU (2018), THE NEGOTIATION (2018) and THE LAST PRINCESS (2016), all of which were invested by the Group and/or Spackman Media Group.

In 2018, Son Ye-jin’s performance in BE WITH YOU, which broke the all-time first week box office historical record for romance film in Korea, clinched her the Best Actress Award at the Seoul Awards. Son Ye-jin also received the Prime Minister’s Commendations at the 2018 Korean Popular Culture & Arts Awards and won the Best Actress for Hallyu Dramas at the 2018 Seoul International Drama Awards, underscoring her international status as an iconic Korean actress.

Previously, Son Ye-jin was selected as the brand ambassador for US skin care brand Skinceuticals and as luxury fashion brand Valentino’s muse. She was also the face of Crocodile’s woman apparel and Smart Communications Inc., a leading telecommunications service provider in the Philippines.

Other than Son Ye-jin, MSteam also represents internationally recognized actor Wi Ha-jun of SQUID GAME and top actress Lee Min-jung, who won the Top Excellence Award at the 2020 APAN Star Awards.

About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited (“SEGL” or the “Company”), and together with its subsidiaries, (the “Group”), is one of Korea’s leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea.

The Company was founded in 2011 by media and technology investor Charles Spackman who served as the Company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry starting in the early 2000’s with the pioneering success of Sidus Pictures, the largest movie production company at the time and the first to be listed in Korea. Mr. Spackman is also the Founder, Chairman and Chief Executive Officer of the global investment firm, Spackman Group. For more information, please visit http://www.charlesspackman.com

Since its founding, SEGL had produced more than 30 major motion pictures including a number of the highest grossing and award-winning films in Korea, namely #ALIVE (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWPIERCER (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).

Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. Generally, we release our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

Production Labels

SEGL owns Novus Mediacorp Co., Ltd. (“Novus Mediacorp”), an investor, presenter, and/or post-theatrical distributor for a total of 79 films (58 Korean and 21 foreign) including ROSE OF BETRAYAL , THE OUTLAWS and SECRETLY, GREATLY , which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS , as well as FRIEND 2: THE GREAT LEGACY . In 2012, Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE , a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS , co-presented by Novus Mediacorp broke the all-time highest Video On Demand (“VOD”) sales records in Korea. For more information, please visit http://novusmediacorp.com

The Company owns a 100% equity interest in Simplex Films Limited (“Simplex Films”) which is an early stage film production firm. The maiden film of Simplex Films, JESTERS: THE GAME CHANGERS (2019), was released in Korea on 21 August 2019. Simplex Films has several line-up of films including HURRICANE BROTHERS (working title).

The Company owns a 100% equity interest in Take Pictures Pte. Ltd. (“Take Pictures”) which produced STONE SKIPPING (2020) and THE BOX (2021), and shall release GUARDIAN (working title) in 2022 tentatively.

The Company owns a 100% equity interest in Greenlight Content Limited (“Greenlight Content”) which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group’s first co-produced drama, MY SECRET TERRIUS , starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.

The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL , a comedy horror film.

Talent Representation

The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL”). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as MSteam Entertainment Co., Ltd. (Son Ye-jin, Lee Min-jung, Ko Sung-hee), UAA&CO Inc. (Song Hye-kyo, Yoo Ah-in, Park Hyung-sik), Fiftyone K Inc. (So Ji Sub, Ok Taec-yeon), SBD Entertainment Inc. (Son Suk-ku), and Kook Entertainment Co., Ltd. Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit http://www.spackmanmediagroup.com

The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. (“Constellation Agency”). Constellation Agency, which owns The P Factory Co., Ltd. (“The P Factory”) and Platform Media Group Co., Ltd. (“PMG”), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

Strategic Businesses

The Company owns a 100% equity interest in Frame Pictures Co., Ltd. (“Frame Pictures”). Frame Pictures is a leader in the movie/drama equipment leasing business in Korea. Established in 2014, Frame Pictures has worked with over 25 top directors and provided the camera and lighting equipment some of Korea’s most notable drama and movie projects including ITAEWON CLASS (2020), HOW TO BUY A FRIEND (2020), KIM JI-YOUNG, BORN 1982 (2019), FOUR MEN (2019) and ASADAL CHRONICLES (2019).

We also operate a café-restaurant, Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.

For more details, please visit http://www.spackmanentertainmentgroup.com/

#SpackmanEntertainmentGroupLimited

Schneider Electric appoints Olivier Blum as Executive Vice-President Energy Management and Gwenaelle Avice-Huet as Chief Strategy and Sustainability Officer

HONG KONG SAR – Media OutReach – 25 February 2022 – Schneider Electric , the leader in the digital transformation of energy management and automation, has appointed Olivier Blum as the new Executive Vice-President of its Energy Management Business, and Gwenaelle Avice-Huet as its new Chief Strategy and Sustainability Officer, both effective from 1 April 2022.

Olivier, currently Chief Strategy & Sustainability Officer at Schneider Electric, will retain his role as a member of the Company’s Executive Committee. This change follows the announcement of Philippe Delorme’s appointment as Executive Vice-President of Europe Operations at Schneider Electric.

In his new role, Olivier will be responsible for Schneider Electric’s full Energy Management portfolio of world-leading technologies, software and services, championing “Electricity 4.0” as the fastest route to a net zero world that is more electric and more digital.

Olivier began his career at Schneider Electric in 1993 in his home country of France. He has been living and working in Asia for the last two decades, where he has held lead leadership positions as the Regional Head of Strategy for China and the Regional Managing Director for India, before taking on the global role of Executive Vice-President for the Home & Distribution Division based in Hong Kong. In 2014, he joined Schneider Electric’s Executive Committee as the Company’s Chief Human Resources Officer.

Olivier has also been a Non-Executive Director on both AVEVA Group PLC (as Remuneration Committee member) and Delta Dore Boards since 2020. In 2019, he received France’s Chief Human Resources Officer of the Year Award from Cadremploi, Morgan Phillips Hudson, Le Figaro Décideurs and Fyte, in recognition of his transformation of Schneider’s leadership and culture on a global scale. In 2021, his sustainability efforts across the Company saw Schneider Electric recognized by Corporate Knights as the World’s Most Sustainable Corporation.

Olivier graduated from Grenoble Business School (GEM), France.

At the same time, Gwenaelle Avice-Huet will be appointed as Chief Strategy and Sustainability Officer at Schneider Electric. Gwenaelle joined Schneider Electric in 2021 as Senior-Vice President of Corporate Strategy. As a member of the Executive Committee, Gwenaelle will preside over developing and deploying strategic, sustainability and quality & customer satisfaction initiatives, while steering all mergers, acquisitions and divestment activities globally.

Gwenaelle Avice-Huet started her career in scientific research at the French National Research Institute and the French Atomic Energy Commission on nuclear energy before joining the World Bank in Washington D.C. as a consultant. She also worked for the service of the French Prime Minister within the General Secretary of European affairs with responsibility for energy and competitiveness matters, and as the advisor on energy and climate change for various ministers.

Before joining Schneider Electric, Gwenaelle worked at ENGIE (formerly GDF SUEZ) in various roles, from Senior Vice-President of European and Regulatory affairs, to leading the Renewables energy business. In her last role, Gwenaelle was on the Executive Committee of ENGIE, serving as the Chief Executive Officer of ENGIE North America and in charge of the Global Business Line on Renewable Energies.

Gwenaelle is on the Board of Air France-KLM since May 2021. She holds a degree in Physics and Chemistry from the Ecole Normale Supérieure in Cachan, a post-graduate diploma in Molecular Chemistry from France’s Ecole Polytechnique and an engineering degree from the Corps des Ponts et Chaussées. She has also been nominated as a Young Global Leader by the World Economic Forum.

Gwenaelle resides in Boston, Massachusetts with her family.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

Discover Life is On

Follow us on:

https://twitter.com/SchneiderElec

https://www.facebook.com/SchneiderElectric?brandloc=DISABLE

https://www.linkedin.com/company/schneider-electric

https://www.youtube.com/user/SchneiderCorporate

https://www.instagram.com/schneiderelectric/

http://blog.se.com/

#SchneiderElectric #LifeIsOn

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

Thailand and Vietnam Plan Evacuation for Citizens in Ukraine

Ukraine

The embassies of Vietnam and Thailand in Ukraine have urged their citizens to move to safety as the situation worsens.

Kerry Logistics Network Named Excellent Logistics Enterprise At Top 100 Hong Kong Listed Companies Selection 2021

HONG KONG SAR – Media OutReach – 25 February 2022 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) has won the distinction of “Excellent Logistics Enterprise” at the Top 100 Hong Kong Listed Companies Selection 2021 (the ‘Awards’) for its exemplary service and exceptional performance. The Awards winners were announced today.

Kerry Logistics Network always strives to maximise value for its stakeholders. The accolade was a recognition of both Kerry Logistics Network’s endeavours to help its customers navigate the transforming logistics landscape as well as its timely and transparent communication with its shareholders.

William Ma, Group Managing Director of Kerry Logistics Network, said, “As the world adapted to considerable changes and challenges in the last two years, Kerry Logistics Network has set itself apart by providing innovative and customised solutions to steer the ever-emerging complexities in the global supply chain. This award spotlights Kerry Logistics Network’s position as the largest international logistics company listed on the Hong Kong Stock Exchange, a position which we will continue to strengthen by enhancing business synergies to create more value for shareholders.”

Organised annually by the Top 100 Hong Kong Listed Companies Research Centre, a programme jointly established and run by Chinese technology giant Tencent Holdings and financial media Finet Group, and co-hosted by the Hong Kong Investor Relations Association, Finet Group and Farseer Limited, the Awards are in its ninth edition this year. The results were evaluated by a judging panel comprising leaders in the finance, business, legal, education and cultural sectors and were taken as the benchmark for investment.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), industrial project logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure investment.

With a global presence across 58 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

Kerry Logistics Network generated a revenue of over HK$53 billion in 2020 and is the largest international logistics company listed on the Hong Kong Stock Exchange.

#KerryLogistics

About Top 100 Hong Kong Listed Companies Selection

The Top 100 Hong Kong Listed Companies Selection was jointly inaugurated in 2013 by Tencent Holding’s qq.com and Finet Group. Organised annually, the event selects and awards excellent Hong Kong listed companies listed on the main board of the Hong Kong Stock Exchange that demonstrate robust development and investment value, in order to facilitate the prosperous development of the Hong Kong capital market. The event is held concurrently with an industry summit and an awards presentation ceremony to explore the trends in the financial market.

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

Hong Kong Arts Festival celebrates its 50th anniversary with a global audience via an international line-up of online programmes

HONG KONG SAR – Media OutReach – 25 February 2022 – The year 2022 marks the 50th edition of the Hong Kong Arts Festival (HKAF), one of Asia’s premiere international cultural festivals. To celebrate this important milestone, the HKAF is presenting an array of online performances covering music, dance, theatre and more from late February through March for the enjoyment of a global audience.

The 50th Hong Kong Arts Festival features an eclectic host of online performances for a global audience, including Korngold's Die tote Stadt (The Dead City), by Germany's Bayerische Staatsoper (Bavarian State Opera) (photo credit: W. Hösl)

The 50th Hong Kong Arts Festival features an eclectic host of online performances for a global audience, including Korngold’s Die tote Stadt (The Dead City), by Germany’s Bayerische Staatsoper (Bavarian State Opera) (photo credit: W. Hösl)

The 50th Hong Kong Arts Festival features an eclectic host of online performances for a global audience, including and To Be A Machine (Version 1.0), by Irish theater company Dead Centre (photo credit: Ste Murray).

The 50th Hong Kong Arts Festival features an eclectic host of online performances for a global audience, including and To Be A Machine (Version 1.0), by Irish theater company Dead Centre (photo credit: Ste Murray).

Underpinning the significance of staying in touch with the world in the Covid era, this year’s HKAF uses “connections” and “arts and technology” as key themes. It continues to pivot to more online offerings, like last year, which should come as music to the ears of a global audience, as they can enjoy the specially curated performances regardless of geographical boundaries.

Highlights of the online performances include:

Opera

The Hong Kong Jockey Club Series

Bayerische Staatsoper (Bavarian State Opera) (Germany)

Korngold’s Die tote Stadt (The Dead City)

An epic psychological drama of love and obsession, composed by one of music’s greatest prodigies, now retold with superlative conducting by Kirill Petrenko and starring tenor Jonas Kaufmann and soprano Marlis Petersen.

Date: Feb 24 – Mar 3 (HK Time)

Free registration: https://go.hkaf.org/dietotestadt-en

The Hong Kong Jockey Club Series

Bayerische Staatsoper (Bavarian State Opera) (Germany)

Shostakovich’s The Nose

Acclaimed Russian director Kirill Serebrennikov’s brand-new interpretation of a classic comedic opera, exploding with surreal imagery and human absurdity.

Date: Mar 10 – 17 (HK Time)

Free registration: https://go.hkaf.org/thenose-en (N/A in Russia)

National Theatre Brno (Czech Republic)

Martinů’s The Greek Passion

The 150-strong cast explores the universal themes of humanity and justice in this provocative four-act opera recorded live in Brno in November 2021.

Date: Mar 17 – Mar 24 (HK Time)

Free registration: https://go.hkaf.org/the-greek-passion-en (N/A in Europe, the US and Korea)

Music

The Hong Kong Jockey Club Series

Bamberg Symphony Orchestra (Germany)

Three live-streamed concerts

Under the baton of Czech chief Jakub Hrůša, the concerts celebrate life, death and tradition with Smetana’s stirring Má Vlast and Bruckner’s and Mahler’s epic Ninth Symphonies.

Date: Mar 4, 9 & 12 (HK Time)

Free registration: https://go.hkaf.org/bamberg-en

The Hong Kong Jockey Club Series

Bamberg Symphony Orchestra (Germany)

Family Concert

The perfect pastime for children (and the young at heart), featuring Saint-Saëns’s delightful The Carnival of the Animals and Haas’s Little I-Am-Me.

Date: Apr 11 – 25 (HK Time)

Free registration: https://go.hkaf.org/bamberg-family-concert-en

Theatre

Ontroerend Goed (Belgium)

TM

A live interactive one-on-one experience exploring media manipulation, populist ideology and conspiracy theories.

Performed in English

Date: Feb 26 – Mar 27 (Every Sat and Sun, HK Time)

Tickets: https://go.hkaf.org/ontroerend-goed-tm-en

Odéon-Théâtre de l’Europe (France)

Molière: Tartuffe and The School for Wives

Radical interpretations of two of the great French playwright’s major works in celebration of the 400th anniversary of his birth. Directed by Stéphane Braunschweig—renowned Molière specialist and Artistic Director of the Odéon-Théâtre de l’Europe—these landmark productions explore the depths of timeless human frailty and foolishness.

Date: Mar 18 – 25 (HK Time)

Free registration: https://go.hkaf.org/moliere-en

Dead Centre (Ireland)

To Be A Machine (Version 1.0)

A theatrical adaptation of a prize-winning non-fiction book of the same title to be live-streamed by Game of Thrones star Jack Gleeson from a stage in Dublin.

Date: Mar 23 – 26 (HK Time)

Tickets: https://go.hkaf.org/to-be-a-machine-en


For details of the 50th Hong Kong Arts Festival, please visit https://go.hkaf.org/online-en.

#DiscoverHongKong

KWG Group Wins the “Best Investor Relations Award” at The 9th Top 100 Hong Kong Listed Companies Selection

HONG KONG SAR – Media OutReach – 25 February 2022 – KWG Group Holdings Limited (“KWG Group” or the “Group”; HKSE Stock Code: 1813. HK) was conferred the “Best Investor Relations Award” at the 9th Top 100 Hong Kong Listed Companies Selection, reaffirming the Group’s excellence in investor relations.

Since its listing in 2007, the Group has maintained close communication with various stakeholders to update the Group’s business status, strategic planning and organisational structure in a timely manner in a bid to enhance the transparency of the Group. During the pandemic, the Group has been actively communicating with the capital market through various means such as online and offline roadshows and company research. The Group has participated in over 350 investor-sharing sessions in 2021, enabling stakeholders to keep abreast of the Group’s latest developments and increasing analyst coverage. Moreover, in May 2021, the Group officially launched the “Green Financing Framework” and successfully received overseas financing, which was the first step towards the implementation of green finance. Its efforts continue to be widely recognised by the capital market.

KWG Group’s Investor Relations Team said, “We are honoured to receive the ‘Best Investor Relations Award’ from the Top 100 Listed Hong Kong Companies Selection. The award is strong proof of the recognition and encouragement of the team’s efforts in the areas of investor relations over the years. In the future, we will remain committed to improving the Group’s corporate governance and investor relations management as well as enhancing the corporate governance and transparency of the Group, in order to strengthen the Group’s ability to achieve high-quality development and create greater value for our shareholders.”

The 9th “Top 100 Hong Kong Listed Companies Selection” is organised by the Top 100 Hong Kong Listed Companies Research Centre and co-organised by Finet, Hong Kong Investor Relations Association and Farseer Technology. Since its inauguration in 2012, the event has become one of the annual events for the financial and economic sectors in Hong Kong. The selection has been vetted and approved by an expert judging panel of financial, accounting and legal professionals from Mainland China and Hong Kong, and the accuracy and objectivity of the results are well recognised and trusted by professional institutions and investors. The “Best Investor Relations Award” recognises the Group’s investor relations efforts and sets an example of good investor relations practices to elevate the quality of investor relations in the capital market.

About KWG Group Holdings Limited (HKSE stock code: 1813)

Established in 1995, KWG Group has been focusing on mid- to high-end premium properties with the core value of “build home with heart, create future with aspiration”. After 27 years of development, the Group has established a diversified property development regime and a balanced portfolio which includes mid- to high-end residential properties, serviced apartments, villas, office buildings, hotels, and shopping malls. In recent years, the Group has actively expanded its national footprint with a comprehensive development layout. In the Greater-Bay-Area, the Group’s development focus covers Guangzhou, Shenzhen, Foshan and Hong Kong; in Yangtze-River-Delta Area, it focuses on Shanghai, Hangzhou, Suzhou and Hefei, while in the Pan Bohai Rim Region, it centres in Beijing and Tianjin which complements the development in Chengdu, Chongqing, Nanning and other local divisions.

#KWGGroup

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

Kenanga Investment Bank Announces Second Consecutive Best Performing Year

RM118.8 Million Net Profit and 10.5 sen dividend declared – highest since becoming an investment bank

KEY HIGHLIGHTS

FY2021 vs FY2020

· Net Profit at RM118.8 million, up by 16.2%
· Net Income at RM784.5 million, down by 5.1%
· Operating Expense at RM648.5 million, down by 7.4%
· Return on Equity at 11.5%, up from 10.7%
· Earnings Per Share at 16.3 sen, up by 11.9%
· Net Equity Trading Investment Income at RM65.8 million, up by 0.5%
· Market Share of Retail Stockbroking at 24.2%, up from 22.2%
· Asset Under Administration (AUA) at RM18.8 billion up by 35.8%

KUALA LUMPUR, MALAYSIA – Media OutReach – 25 February 2022 – Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga” or the “Group”) delivered a new all-time high performance with its full year results ended 31 December 2021, surpassing its record performance from the year before.

Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad

Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad

Profit Before Tax (“PBT”) increased to RM148.2 million, up from RM134.7 million the year before, while Profit After Tax (“PAT”) increased to RM118.8 million, a 16.2% increase from the corresponding period. Revenue stood at RM891.5 million.

Annualised Return on Equity (ROE) stood at 11.5%, up from 10.7% and Earnings Per Share rose by 11.9% to 16.3 sen compared to 14.6 sen the year before.

The Board of Directors has declared a dividend of 10.5 sen per share, highest since becoming an investment bank.

“The year 2021 was a year of two halves for the Malaysian capital markets. The first half was largely shaped by the same robust momentum that fuelled our bumper year in 2020. The retail-driven strong trading volumes on Bursa Malaysia led to the excellent performance in our stockbroking business,” commented Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank Berhad.

“However, this momentum moderated sharply in the second half of the year, as the country was hit by multiple headwinds, including the reintroduction of lockdown measures in the middle of the year due to surging COVID-19 cases. The FBM KLCI which hovered above 1,600 points at the start of the year, slipped below 1,500 points during second half. Daily average trading value weakened to RM4.1 billion in December from a high of RM10.6 billion in February,”

“Despite the tumultuous year, our stockbroking business continued to contribute the lion’s share of our 2021 bottom line that was further reinforced by the significant strides made by both our asset management and private equity businesses. This enabled us to thrive through the volatilities to deliver a stellar performance that beat the odds – a testimony to the strength of our diversified strategy,” added Datuk Chay added.

Its Stockbroking division maintained a PBT of RM86.4 million for the year ended 2021, similar to the PBT of year before. Its retail market share grew to 24.2%, from 22.2% driven by the continuous expansion of its joint venture Rakuten Trade, Malaysia’s first fully digital stocktrading platform.

Its Investment Management division surged by almost three folds, to a record PBT contribution of RM34.9 million. This is due to the higher performance fee and management fee income generated from increased asset under administration (“AUA”) to RM18.8 billion and a 60% growth in sales agency force. Meanwhile, Kenanga’s private equity arm had an exceptional year in 2021, with Fund I vintages maturing and in the harvesting period. RM24.6 million gains were recognised during the year.

“Looking forward, digital which has been central in shaping our growth journey, will continue to play a pivotal role in powering our next phase of advancement,” explained Datuk Chay.

Kenanga Investment Bank recently launched Malaysia’s latest robo-advisor, Kenanga Digital Investing (KDI). This follows the successful introduction of Rakuten Trade, which recently launched stock trading in the US markets at the same competitive commissions as trading on the local bourse.

For more information on Kenanga, please visit www.kenanga.com.my

About Kenanga Investment Bank Berhad (197301002193 (15678-H))

Established for more than 45 years, Kenanga Investment Bank Berhad (the Group) is a financial group in Malaysia with extensive experience in equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending and trade financing.

The Group’s digital ambition includes building a robust digital ecosystem that meets the needs of its clients and businesses. Some of its game-changing products includes Malaysia’s fully online digital stockbroking platform Rakuten Trade and a fully A.I. robo-advisor, Kenanga Digital Investing.

The Group has garnered a host of awards and accolades reflecting its strong market position. It was awarded under the categories of Highest Returns to Shareholder Over Three Years, Best Overall Equities Participating Organisation by Bursa Malaysia, Best Overall Derivatives Trading Participant, Best Structured Warrant Issuer, Best Retail Equities Participating Organisation, Best Institutional Equities Participating Organisation Investment Bank; along with Best Trading Participant and Best Institutional Equities Participating Organisation and for Equity and Financial Derivatives for 18 consecutive years. The Group was also accorded the title of Best Institutional Derivatives Trading category by Bursa Malaysia.

The Group continues to be a regular and repeat recipient of distinguished industry accolades, such as the Lipper, Fundsupermart and Morningstar awards. For its continued efforts towards community outreach and employee volunteerism, the Group was awarded the coveted Company of the Year award for environmental and sustainability at Sustainability & CSR Malaysia Awards 2021. The Group is also a Participant of the United Nations Global Compact and adheres to its principle-based approach to responsible business.

Today, Kenanga Investment Bank Berhad is an award-winning leading independent investment bank in the country with a continuous commitment towards driving collaboration, innovation, digitalisation and sustainability in the marketplace.

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