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Climate Positive, Proof Positive Selected climate-positive approaches and proof-positive rating and benchmarking systems for sustainable real estate

HONG KONG SAR – Media OutReach – 2 August 2022 – Cushman & Wakefield, a leading global real estate services firm, today released its Climate Positive, Proof Positive —— Selected climate-positive approaches and proof-positive rating and benchmarking systems for sustainable real estate report. According to an estimate by the United Nations, globally, the built environment is responsible for around 40% of energy and carbon emissions. In this context, the promotion of the climate positive concept and sustainable development within the real estate sector is undoubtedly a key step which China could take when looking to achieve its “carbon peak and carbon neutrality” goals in the future.

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What is climate positive?

Climate positive is an initiative that goes above and beyond. Here, net zero carbon emissions are achieved and surpassed whereby an environmental benefit is produced by eradicating additional carbon dioxide (CO2) from the atmosphere.

Buildings can realise climate-positive results in a number of ways, including:

  • The choice of building location;
  • The choice of building design and energy modelling;
  • The usage of eco-friendly, low carbon, reused or recycled materials;
  • The minimisation of material and operational wastage;
  • The maximisation of structural efficiency;
  • The use of building insulation;
  • The regular maintenance of plant, machinery, sensors and devices and ensuring these systems have the latest technology;
  • The use of greenhouse gas (GHG) emissions reduction systems;
  • The use of renewable energy;
  • The use of intelligent energy management systems;
  • The maximisation of water use reduction, and;
  • The re-use/renewal of the building upon current-use obsolescence.

Rating and benchmarking systems that are used to positively prove how sustainable real estate is and how sustainable an enterprise is, (and if any are able to achieve a climate-positive outcome), are many. Two systems that have gained market traction recently, however, are:

1. At the enterprise level – The Task Force on Climate-Related Financial Disclosures (TCFD)
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The TCFD system allows enterprises to recognise and disclose climate-related risks and opportunities so as to enable informed decision making for investors, lenders, insurers and other related participants. The use of the TCFD system aids enterprises as they ascertain and handle physical and transition climate risks.

2. At the real estate level – The Global Real Estate Sustainability Benchmark (GRESB).
GRESB assesses the environmental, social and governance (ESG) performance of real assets, which

include real estate. In terms of environmental issues, the rating system encourages enterprises to reduce GHG emissions, lessen wastage, and conserve water and energy.

Today, these two systems have gained solid market traction and are widely used by many enterprises to help them achieve their sustainability goals.

Shaun Brodie, Head of Occupier Research, Greater China, Cushman & Wakefield said, “Cushman & Wakefield aims to reach net zero emissions across its entire value chain by 2050. In the context of the ‘carbon peak and carbon neutrality’ objective in China and global warming, there are still some people, enterprises, and localities that may not have the resources or plans in place to lessen their individual carbon footprint, to go carbon negative or even to strive for a climate positive goal. By understanding the concept of climate positive and learning how to implement some of the related ‘green’ rating and benchmarking systems these groups of people and organisations will be best placed to achieve sustainability targets that actually add positive benefit value to the environment now and into the future.”

Alton Wong, Co-head of Sustainability Services Platform, Greater China, Head of Advisory Services, Valuation & Advisory Services, Greater China, Cushman & Wakefield, said, “Since the COP26 meeting in Glasgow in 2021, one significant development has been the formation of a new International Sustainability Standards Board (ISSB) to develop, in the public interest, an all-embracing global baseline for high-quality disclosure standards to meet the needs of investors. Once used, it will greatly affect the future development of Chinese enterprises.”

Corrine Chen, Acting Co-head of Sustainability Services Platform, Greater China, Acting Head of Project & Development Services, West China, Cushman & Wakefield, said, “The built environment can reduce its emissions by going net zero, but some real estate enterprises today are looking to go climate positive, an initiative that goes above and beyond. Cushman & Wakefield is committed to helping enterprises achieve their sustainability goals.”

Please click here to download the full reportHashtag: #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 with approximately 50,000 employees in over 400 offices and 60 countries. Across Greater China, 23 offices are servicing the local market. The company won four of the top awards in the Euromoney Survey 2017, 2018 and 2020 in the categories of Overall, Agency Letting/Sales, Valuation and Research in China. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, valuation, and other services. To learn more, visit or follow us on LinkedIn ().

Sino Jet received dual honorary awards at the 11th CFS China Finance Summit to accredit its visionary missions to progress sustainability

HONG KONG SAR – Media OutReach – 2 August 2022 – The 11th China Finance Summit 2022 (the “CFS”) was held on 28th and 29th July. During the conference, dual honorary awards “2022 Role Model of Sustainability” and “2022 The Most Transformational Leadership of Digitalization” were conferred upon a business aviation services company, Sino Jet has arrayed splendid efforts to intertwine green aviation with digitalization in order to maintain sustainability in the long run. China Finance Summit is one of the most impactful platforms collaborating and exchanging long-headed ideas with enormous financial enterprises and social media companies in China. The awards presented at CFS were thoughtfully selected by the evaluation committee that consists of industrial experts, social media leaders and other well-known research organizations with reference to a variety of index-based evidence to assess overall capability of innovation, responsibility, influence, growth and prescience.

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Sino Jet received dual honorary awards “2022 Role Model of Sustainability” and “2022 The Most Transformational Leadership of Digitalization” at the 11th CFS China Finance Summit 2022.

Sino Jet is a one-stop solution provider for its business jet clients. It has the largest fleet size in the Asia-Pacific region throughout the past few years. On the other hand, Sino Jet was the only business jet operator receiving dual honorary awards in respect of sustainable development. The spokesperson of Sino Jet emphasized that the focal point of enhancing sustainable development was about balancing the interrelation between economic and societal development as well as allocation of resources in our environment. After the Chinese Government released her goal of reaching carbon peak by 2030 and achieving carbon neutrality by 2060, Sino Jet has reacted promptly to put carbon management into practice and announced that improving green operations such as digitalization, sustainable energy applications, green office buildings, green transportation, green supply chain and carbon offset is crucial to accomplish carbon neutrality. On a side note, Sino Jet is the first Chinese business jet operator proposing carbon neutral plan with a goal to accomplish carbon neutral by 2035.

Sino Jet said, “Our company retains professionalism to cater safety, efficiency, convenience and flexibility to our clients. Digital transformation can leverage safety standard and efficiency of our aircraft.” As mentioned by Sino Jet, the company has been mapping out digitalization since 2015, at this stage Sino Jet has recently established a software development subsidiary company to develop an integrated system, which allies all aviation operation systems, maintenance and engineering management system, safety management system, flight record system and bookkeeping system. All of the above systems aim to liaise communication with digitalization in an attempt to deliver well-rounded customer services to their business jet clients. For instance, their clients are able to obtain updated and instant on-set flight operation information through the systems. Moreover, the groundbreaking experience of digitization does not merely ensure their clients get hold of all the vital messages that are relevant to the full life cycle of their aircraft, but it also maximizes and preserves the best possible values of their assets to attain a great degree of clarity, stability and most importantly sustainability.

Apart from digitalization, Sino Jet puts their creativity and technology advancement to good use so as not to impede itself to embrace fruitful achievements of sustaining business and environment. Sino Jet has been searching for excellence to refine its in-flight services, such as initiating a ‘Time Journey’ campaign with multiple prestigious hotels and restaurants. Specifically, they came up with green menus to encourage more business jet clients to be aware of environmentally friendly culture and actively play a role in making the world a better place to live in. In addition, Sino Jet in the meantime was co-working with China Organ Transplantation Development Foundation and became their “Life Enhancing” ambassadors before organizing its volunteer team to promote the foundation’s philosophy as well as prolonging and protecting human health.

Crowning dual honorary awards of “2022 Role Model of Sustainability” and “2022 The Most Transformational Leadership of Digitalization” has undoubtedly proven Sino Jet’s perseverance and strengths to promote green aviation and digitalization in business jet industry. With regard to the analyst who attended China Finance Summit, Sino Jet can fully utilize its competitiveness to respond to strategic national planning so as to bring in a glimpse of revolution to energize current trend. Given the fact that Sino Jet has constantly discovered breakthrough and improvisation, its vision to actualize carbon neutral certainly embarks on a new chapter that takes modern civilization and market changes into account as well as dedicating itself to be man of the helm who strives to inspire more potential industries to take part in sustaining our precious livelihood.

Hashtag: #sinojet #businessaviation #businessjetasia #GreenAviation #AviationSustainability #CFS2022

Lack of Birthplace Makes New Vietnamese Passport Ineligible for Visas in Germany, Spain

Vietnam’s new passports lack information regarding holders’ birthplaces, causing Germany and Spain to deny them visas, although embassies are working to find solutions to the problem. 

Hong Kong Baptist University at the forefront of human-AI symbiotic art creation with innovative performance

HONG KONG SAR – Media OutReach – 2 August 2022 – A pioneering and bold attempt to apply artificial intelligence (AI) technologies in the performing arts was carried out by Hong Kong Baptist University (HKBU) in a public concert held on 14 July in Hong Kong.

Caption

The HKBU Symphony Orchestra and an AI virtual choir perform a newly arranged choral-orchestral version of the song Pearl of the Orient, with an accompanying cross-media visual narrative based on the lyrics and music created by an AI media artist.

The innovative performance was the first human-AI collaboration of its kind in the world, and it showcased how AI can be a creative force that can perform music, create cross-media art, and dance.

The performance was powered by the AI technologies developed by HKBU scientists under the Building Platform Technologies for Symbiotic Creativity in Hong Kong research project. The concert, dubbed “A Lovers’ Reunion”, was the Annual Gala Concert of the HKBU Symphony Orchestra, and it was conducted by its music director, Professor Johnny M Poon.

The research project is led by Professor Guo Yike, Vice-President (Research and Development) of HKBU, and supported by HK$52.84 million (US$6.77 million) in funding from the Theme-based Research Scheme under the Research Grants Council. Its deputy project coordinator, Professor Johnny M Poon, is the Associate Vice-President (Interdisciplinary Research) and the Founding Dean of HKBU’s School of Creative Arts.

The project team also comprises computer scientists from HKBU’s Augmented Creativity Lab. The unique mix of scientists and artists in the project team enables them to merge their cross-disciplinary knowledge and come up with sparkling ideas on how to unleash the endless possibilities of art creation with the infusion of cutting-edge technologies.

At the Concert, the project team presented a performance that marked the first time in the world that an AI choir had combined with an AI-generated visual storyteller to perform interactively with a conductor and an orchestra. The HKBU Symphony Orchestra shared the stage with an AI virtual choir to perform a newly arranged version of the song Pearl of the Orient with the voices of 320 virtual performers.

The AI virtual choir was “trained” by HKBU researchers using the generative models of singing that they built by extracting and disentangling key contributing features of vocal singing from a collection of songs recorded by professional singers.

An AI media artist learnt from the lyrics of the Pearl of the Orient, and it created a stunning cross-media visual narrative of the song according to its interpretation of the underlying meaning of the lyrics. Unlike the conventional AI machines that import images as a reference for the algorithms to mimic, it used textual lyrics as the sole input so that it can associate the underlying meaning of the lyrics with an appreciation of the beauty of Hong Kong.

Another highlight of the Concert was a ballet performance featuring AI virtual dancers in Ravel’s Daphnis et Chloé, accompanied live by the HKBU Symphony Orchestra. With the help of professional dancers from the Hong Kong Dance Company, the AI virtual dancers interpreted the underlying emotional and aesthetic connections between the music and the dance. The dance movements, inspired by a newly discovered species of box jellyfish in Hong Kong, were then choreographed.

Please click here to view highlights of the performance, and click here for more production details of the performance.

The AI-driven performance is one of the many milestone deliverables of the “Building Platform Technologies for Symbiotic Creativity in Hong Kong” research project, and others include an art data repository, a generative AI algorithms system, a research theatre, a digital art and policy network, and some unique and creative application projects, to name but a few.

Another important initiative HKBU is organising is the “Human, Machine, Art, Creativity: International Symposium” in the Hong Kong Convention and Exhibition Centre on 9 August.

“AI is revolutionising numerous fields of knowledge, and it is playing a more and more significant role in many creative processes like music, visual arts and architecture. The Symposium will gather world-renowned researchers from academia and industry, crossing different expertise areas, to jointly discuss emerging topics in human-AI symbiotic art creativity,” said Professor Guo.

The Symposium will cover topics including the enabling technologies of symbiotic art creation and manifestation, the aesthetics and cognitive values of symbiotic art creativity, the new trend of the art economy with Web 3.0, new issues raised by the new forms of art in society, and the impact on art community stakeholders, among others.

Interested parties can visit the Symposium’s website for more details.

Hashtag: #HongKongBaptistUniversity #HKBU

Laos Sees Renewed Fuel Shortages as Pumps Shut Down in Vientiane Capital

A PTT Petrol Station in Vientiane Capital
A PTT Petrol Station in Vientiane Capital (Photo: PTT Don Koy)

Social media users across Vientiane Capital began reporting closed petrol stations today as Laos looks to be headed back into fuel shortages.

Macquarie Asset Management Acquires Significant Minority Stake in ST Telemedia’s VIRTUS Data Centres

LONDON, UK – Media OutReach – 2 August 2022 – ST Telemedia Global Data Centres (ST Telemedia) has reached an agreement for Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, to acquire a significant minority stake in leading data centre provider VIRTUS Data Centres (VIRTUS).

VIRTUS provides colocation and cloud connectivity services to blue-chip clients, including global technology companies and enterprise clients. Its portfolio comprises 11 data centre facilities in Greater London with a combined capacity of over 180 MW, and an initial 100 MW pipeline of projects under consideration in prime locations across the UK and Europe.

VIRTUS is deeply focused on sustainability, sourcing its electricity needs from renewable energy. VIRTUS is also targeting net zero emissions across its data centre operations by 2030.

Nathan Luckey, a Senior Managing Director within Macquarie Asset Management’s Real Assets team, said: “While London’s data centre market is expected to continue seeing increased absorption levels, driven by strong demand for hyperscalers, we believe Europe – including core markets such as Germany and France – will present sizeable growth opportunities over the next decade.”

“We are delighted to partner with ST Telemedia Global Data Centres to help scale VIRTUS’ operations, providing mission critical services that are central to the digital economy. Through our long-term investment, we intend to further strengthen VIRTUS’ focus on sustainability by backing further investment in its technology and enhancing the lifecycle management of its equipment.”

Bruno Lopez, President and Group Chief Executive Officer at ST Telemedia Global Data Centres, said: “We are pleased to have propelled VIRTUS’ growth journey over the past seven years which has seen their platform grow into the UK’s leading hyperscale data centre provider today. Our commitment has demonstrated the value of developing high-quality data centres in strategic locations. With Macquarie’s partnership, we look forward to building on this strong momentum, accelerating VIRTUS’ growth strategy and expanding our services to customers across Europe.”

Neil Cresswell, Chief Executive Officer of VIRTUS Data Centres, said: “Our vision is to lead the data centre industry in Europe by being different by design. We are excited to have an experienced data centre investor in Macquarie join ST Telemedia Global Data Centres to support not only our growth plans, but also our continued innovation and commitment to ensure our facilities are futureproofed with sustainability at their core.”

Macquarie Asset Management is a leading investor in digital infrastructure globally. As the world’s largest infrastructure manager, Macquarie Asset Management currently manages investments in AirTrunk, a leading Asia-Pacific data centre developer and operator with facilities in Australia, Singapore, Japan and Hong Kong. Macquarie Asset Management is also supporting the expansion of leading US data centre providers Aligned Data Centers and Netrality Data Centers.

Hashtag: #MacquarieAssetManagement #STTelemediaGlobalDataCentres

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

About Macquarie Asset Management

Macquarie Asset Management is a global asset manager that aims to deliver positive impact for everyone. Trusted by institutions, pension funds, governments, and individuals to manage £441 billion in assets globally, we provide access to specialist investment expertise across a range of capabilities including infrastructure, green investments and renewables, real estate, agriculture and natural assets, asset finance, private credit, equities, fixed income and multi asset solutions.

Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory and risk and capital solutions across debt, equity, and commodities. Founded in 1969, Macquarie Group employs more than 18,000 people in 33 markets and is listed on the Australian Securities Exchange.

Macquarie Group businesses are actively supporting the development of the UK’s digital infrastructure, overseeing investment to upgrade essential fibre and telecommunications infrastructure nationwide via KCOM, Arqiva, and Voneus.

All figures as at 31 March 2022. For more information, please visit

About ST Telemedia Global Data Centres

ST Telemedia Global Data Centres is one of the fastest-growing data centre providers, headquartered in Singapore. With a global platform of data centres in the world’s major business markets of over 170 facilities across Singapore, UK, India, China, Thailand, South Korea, Indonesia, Japan and Philippines, STT GDC offers a full suite of best-in-class, highly scalable and flexible data centre solutions, connectivity and support services that best meet customers’ current and future colocation needs. For more details, please visit.

About VIRTUS Data Centres

VIRTUS Data Centres (VIRTUS) is a trusted global leader in the data centre industry and the UK’s leading data centre company, committed to delivering reliable, resilient and responsible digital infrastructure for our customers. As part of ST Telemedia Global Data Centres (STT GDC), VIRTUS is the home of the cloud in London, and at the heart of Europe. Collectively, the STT GDC Group provides a global platform that has more than 170 data centres worldwide with over 2.2GW of IT load, across 20 major business markets.

VIRTUS has a proven track record of over a decade designing and operating the UK’s most efficient facilities. Committed to the highest standards of Operational Excellence – safety, security and availability – VIRTUS hires the best people to work in an industry which is increasingly essential to everyone and everything. We are laser focused on responsibly delivering solutions for the benefit of our customers, colleagues, suppliers, the environment and the world, every minute of every day.

Important Notices (Macquarie Asset Management): None of the entities noted in this document is an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and the obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (Macquarie Bank). Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these entities. In addition, if this document relates to an investment (a) each investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group company guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.

Spackman Media Group Artist Kim Sang-Kyung Stars In TVN K-Drama, POONG, THE JOSEON PSYCHIATRIST, Topping Audience Ratings On Premiere Day In Korea

  • Starring Spackman Media Group artist Kim Sang-kyung, POONG, THE JOSEON PSYCHIATRIST took first place in audience ratings for its time slot based on Nielson Korea, an audience rating research company
  • The tvN K-drama surpassed the premiere audience ratings of MY LIBERATION NOTES, which was the most popular K-drama in May in Korea
  • Last April, Kim Sang-kyung headlined in AIR MURDER, co-produced by the Group’s indirect wholly-owned subsidiary Platform Media Group, which was the #1 Korean film at its opening weekend box office in Korea

SINGAPORE – Media OutReach – 2 August 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 veteran actor Kim Sang-kyung of Spackman Media Group Limited (“Spackman Media Group“) stars in tvN K-drama, POONG, THE JOSEON PSYCHIATRIST, which topped the audience ratings on its first day of release in Korea yesterday, and exceeded the premiere audience ratings of MY LIBERATION NOTES, which was the most popular K-drama in May in Korea.

According to audience rating research company Nielsen Korea, POONG, THE JOSEON PSYCHIATRIST achieved first place in audience ratings for its time slot. The K-drama scored premiere audience ratings of 3.9%, higher than that of MY LIBERATION NOTES, which recorded 2.9%.

The strong opening of POONG, THE JOSEON PSYCHIATRIST follows the success of Kim Sang-kyung’s latest film AIR MURDER, which was co-produced by the Group’s indirect wholly-owned subsidiary, Platform Media Group Co., Ltd. Last April, AIR MURDER was ranked as the top Korean film at its first weekend box office in Korea.

POONG, THE JOSEON PSYCHIATRIST is based on the novel of the same name that won the Excellence Award in the 2016 Korea Story Contest. Directed by Park Won-gook, written by Park Seul-gi, Choi Min-ho & Lee Bom, and produced by Studio Dragon, the Joseon era drama depicts the redemption of a disgraced royal physician who becomes a well-respected psychiatrist in a small village. Along with Kim Sang-kyung, POONG, THE JOSEON PSYCHIATRIST features Kim Min-jae of DALI AND COCKY PRINCE (2021) and Kim Hyang-gi of ALONG WITH THE GODS (2017-2018).

Previously, Kim Sang-kyung of Spackman Media Group starred in SBS drama RACKET BOY BAND (2021), which was released on Netflix & SBS. He also starred in tvN’s and Netflix’s THE CROWNED CLOWN (2019). Kim Sang-kyung won the Jury Special Award for his role in THE DISCLOSER (2017) at the 38th Golden Cinematography Awards. He is widely known for his leading roles in MEMORIES OF MURDER (2003), directed by Bong Joon-ho of PARASITE (2019) and the Group’s 2013 US production SNOWPIERCER. Kim Sang-kyung won the Jury Special Award at the 38th Golden Cinematography Awards in 2018 and the Excellence Award & Netizen Award at the 2014 KBS Drama Awards.

Hashtag: #SpackmanEntertainmentGroup

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 renowned 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 and .

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

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 THE GUEST in the second half of 2022 and A MAN OF REASON, with the previous working title GUARDIAN 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, Wi Ha-jun, Lee Min-jung, Ko Sung-hee), SBD Entertainment Inc. (Son Suk-ku, Han Ji-hyun, Lee Cho-hee, Park Keun-rok), UAA&CO Inc. (Kim Sang-kyung, Kim Hye-ri, Kim Ji-young, Wang Ji-won), Play Content Co., Ltd. (Kang Min-ji, Hwang-hwi) and Kook Entertainment Co., Ltd. (Baek Si-won, Shin Ji-woong). 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

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 also operates 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

NOVATION launches DataVio solution, saving businesses time and resources on manual data processing

HONG KONG SAR – Media OutReach – 2 August 2022 – NOVATION, Hong Kong’s globally trusted leader in data security and automation, has announced the release of DataVio, its cloud-based solution for helping businesses automate the processing and extraction of valuable data from documents.

The launch of DataVio is part of NOVATION’s push towards offering more digital products and private cloud solutions to clients, while building on its heritage in secure data handling.

DataVio uses Optical Character Recognition (OCR) technology, which enables data to be extracted from printed or written text from a scanned document or image. The OCR converts data into a machine-readable form suitable for subsequent processing.

“Data is an inextricable part of a company’s lifeblood. Instead of spending valuable resources for manual processing, DataVio helps you manage your time and maximize your efficiency in doing business by leveraging data,” said Sin Wai Kin, General Manager at Novation Solutions.

Instead of spending valuable time and effort capturing and inputting data manually, ensuring that the data entered is correct, and going back to amend incorrect data, DataVio takes care of this for you so you and your team can dedicate your efforts to more important aspects of your business.

DataVio accomplishes automated data processing in three steps: data extraction, intelligent data processing and output data in convenient formats.

Data extraction entails leveraging OCR technology and algorithms to obtain data from formats such as Word, PDFs and even images. You need only upload business documents into the DataVio web application from your browser. Intelligent data processing then allows you to customise rules to improve processing: DataVio’s intuitive user interface/user experience (UI/UX) helps define data fields for this purpose.

Finally, DataVio helps convert extracted data into formats that fit your workflow. This solution imports data output files into your business applications (such as CRM) or files them for recording or compliance purposes.

“Data processing is necessary in every sector. DataVio provides digital solutions to real-world scenarios, where human error in data extraction and processing can occur,” Sin said.

DataVio can be useful in various industries. In banking and financial services, DataVio can reduce human error on the part of company staff, with regards to client documents and application forms.

In the healthcare and medical industry, DataVio is a highly practical tool to have. Apart from preventing mistakes in data extraction, this solution helps prevent medical staff getting bogged down by paperwork instead of focusing on patient care.

DataVio can also be applied to higher education and learning institutions by digitising student records and applications, as payment collections will be facilitated more easily. In the legal and compliance industry, DataVio can speed up extraction of data from legal documents and necessary paperwork, while helping you stay competitive in a quickly digitalising landscape.

This solution was presented to businesses by SDH Group, a subsidiary of Adera Global, Singapore’s foremost leader in automation and data security. The institution has under its belt 30 years of experience working with Fortune 500 companies on digital identification, payment solutions, automation and smart cards.

Sin said: “We at NOVATION are committed to usher in businesses into the digital world through automation and data security. We also strive to help you enhance your business’ performance in your industry. DataVio reduces the need for manual data processing, thereby improving your business’ services.”

Hashtag: #NOVATION

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

ABOUT NOVATION

With over 33 years of Secured Data Handling experience, NOVATION has been appointed by different companies in Hong Kong from Banks, Insurance, Financial and Government Sector for providing printing services solutions. With this privilege, we have been working with the client’s business users, IT team and project team to deliver end-to-end services on secure data handling, which consists of 4 pillars – Document Management Services, Document Processing Services, Print Management and Automation Solutions.

With services that focus on digital transformation, workflow automation and process optimization, NOVATION strives to improve our service quality, capability, and flexibility in meeting our client’s business needs.

For more information, please visit the website at