Laos has reported another 68 Covid-19 cases today, with outbreaks of the virus spanning eight provinces.
Former Pelalawan Regent HM Harris Recognizes APRIL Group Business Unit For Significant Business and Community Contributions in His Final Speech
PELALAWAN, RIAU, INDONESIA – Media OutReach – 29 April 2021 – In his final speech in office, former Pelalawan Regent HM Harris stated that the development of Pelalawan District was inseparable from the hard work of all parties in realizing the vision of its founders. The district was officially formed on October 12, 1999, in what had been one of the most underdeveloped districts in Indonesia.
“Our solidarity and tireless efforts in building and improving all aspects of our community played a major role in the rapid development of the region,” said Mr Harris in the last speech of his tenure at the plenary meeting of the Local House of Representatives of Pelalawan (DPRD) on Monday, 24th April 2021 in Pangkalan Kerinci.
Mr Harris also recognized the important role and significant contributions from the private sector in the development of the Pelalawan District, most notably PT Riau Andalan Pulp and Paper (RAPP), the operating arm of the APRIL Group in Riau. Through its Corporate Social Responsibility (CSR) programs, RAPP has been aligned with a diverse range of government programs including education, infrastructure, health and other important programs needed by the community. APRIL Group is a member of the RGE Group of Companies. Founded by Sukanto Tanoto, RGE manages a group of resource-based companies with global operations.
“Thank you PT RAPP for contributions that supported the founders and community leaders in realizing the establishment and growth of Pelalawan District. After more than 20 years, RAPP continues to contribute to the development of this area,” said Mr Harris.
More Asian Employees Now Want Flexibility; Only 7% Want a Completely Onsite Work Arrangement
- Most Asian respondents prefer a hybrid work arrangement, with two or three days of working from home every week
- Good relationships with colleagues, superiors as well as financial compensation are now top factors for job preferences
- Issues pertaining to environmental responsibility as well as diversity and inclusion are now more important to Asian workers
SINGAPORE – Media OutReach – 29 April 2021 – A new report based on the study Decoding Global Ways of Working states that only 7 per cent of Asia’s workforce now want to commit to a completely onsite work arrangement. A majority of them have expressed a desire for flexibility in where their work gets done. A total of 66,624 respondents in Asia — out of 209,000 participants across 190 countries — took part in the study.
Most of the Asian respondents prefer to work two to three days remotely every week, with two exceptions. Forty-nine per cent of the respondents in the Philippines prefer to work all five days completely remote. Reasons could be related to the increasing rate of COVID-19 infection, worsening traffic situation pre-COVID lockdown and the inadequate public transportation system. On the other hand, only 9 per cent of the respondents in Hong Kong are keen on a completely remote arrangement — this is likely due to their housing situation, where their houses are not ideal for a home office.
The study is conducted in partnership with SEEK Asia (The parent company of JobStreet), Boston Consulting Group (BCG) and The Network. It is the second release in a series of publications focusing on the pandemic’s impact on worker preferences and expectations. The data gathered for Decoding Global Ways of Working provides insights into worker preferences by gender, age, education level, level of digital skill, and position in the job hierarchy.
Financial compensation now a key near-term benefit when it comes to job preferences
Apart from work location and work practices, the survey also identified some shifts in what people value at work. Good relationships with their colleagues, followed by financial compensation in the form of salaries and bonuses, are what Asian employees consider when it comes to staying in their current jobs. In 2020, good relationships with their superiors became the third most important near-term benefit. Employer’s financial stability, career development, learning and skills training, while still important considerations, now rank lower when it comes to weightage.
New worker attitudes on diversity and the environment
Racial and environmental issues have gained international spotlight in 2020. A majority of Asian workers now expect their employers to champion environmental responsibility as well as diversity and inclusion.
Seventy-nine per cent of respondents indicated that the issue of employers’ environmental responsibility has become more important to them. This sentiment is especially strong amongst workers in Indonesia (85%), the Philippines (83%) and Malaysia (80%). Roughly seven in ten respondents now value diversity and inclusion in the workplace. Social issues resonate strongly with workers in Thailand (91%), the Philippines (85%) and Malaysia (83%).
Close to 60 per cent of respondents said that they would exclude companies that do not match their beliefs in environmental responsibility when searching for a job — Malaysia (65%), Indonesia (64%) and the Philippines (59%). For diversity and inclusion, the number is 57 per cent — Hong Kong (67%), Malaysia (66%) and Thailand (63%).
Increased reliance for digital tools
The impact of the pandemic goes well beyond the dimension of where work gets done, social issues attitudes and the monetary benefits. The way how people collaborate, the tools they use and their well-being have also been affected. One positive change is people’s increased reliance and facility with using digital tools for their job roles. This improved use of digital tools during the pandemic was widely noted by the countries such as Thailand, the Philippines and Malaysia.
Well-being of workers, however, is on severe decline. Employees from Hong Kong and Indonesia experienced a negative change in their well-being, especially those in physical or social jobs, where they had to continue working in person.
“COVID-19 has changed the world, down to the micro level. Workers around the world have begun re-evaluating their work priorities,” says Peter Bithos, Chief Executive Officer, SEEK Asia. “Accordingly, employers must too change their work policies in order to remain attractive to top talents. In today’s digital world, they must be technology champions, ensuring convenient access to collaboration tools and the deployment of robust infrastructure in both the office and at home. Secondly, they must make employee well-being, work-life balance, mentorship and career development a key part of their companies’ core. Finally, they need to be a role model to their employees, with their corporate social responsibility efforts focusing on tackling important social and/or environmental issues.”
For full reports, please visit: http://bit.ly/DecodingGlobalTalentReport2.
About JobStreet
JobStreet is a leading online job board presently covering the employment markets in Malaysia, Singapore, the Philippines, Indonesia and Vietnam.
#JobStreet
About SEEK Asia
JobStreet and JobsDB are part of SEEK Asia, which is the leading online employment market place in Asia. SEEK Asia covers 7 countries namely Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
SEEK Asia is the extension of the Australian Securities Exchange listed company called SEEK. The company’s purpose is to help improve people’s lives through better careers. SEEK Asia’s database consists of over 105,000 corporate hirers and over 29 million candidates.
#SEEKAsia
CAF Selects Infor to Power Parramatta Light Rail Project
Infor signs long-term contract with CAF Australia to provide enterprise asset management solutions for light rail construction project in Western Sydney
SYDNEY, AUSTRALIA – Media OutReach – 29 April 2021 – Infor today announced that CAF Australia, a market leader in the design, manufacturing and implementation of comprehensive transport systems, has selected Infor Enterprise Asset Management (EAM) for the Parramatta Light Rail project. Infor EAM will help CAF manage and maintain a diverse portfolio of assets including 13, 7-module URBOS Light Rail Vehicles as well as the systems and their integration which includes substations, communications, control centre and systems for signalling and traction.
Learn more about Infor EAM: https://www.infor.com/en-au/resources/infor-eam-overview
The Parramatta Light Rail is one of the NSW Government’s latest major infrastructure projects being delivered by Transport for New South Wales (TfNSW) to serve a growing Sydney. Light rail will create new communities, connect great places and help both locals and visitors move around and explore what the region has to offer. It will connect Westmead to Carlingford via the Parramatta CBD and Camellia, with a two-way track spanning 12 kilometres and is expected to open in 2023. By 2026, around 28,000 people will use Parramatta Light Rail every day and an estimated 130,000 people will be living within walking distance of light rail stops.
The deal is a long-term contract spanning 11 years for which Infor will provide a range of cloud-based asset management solutions.
With Infor EAM at its core, CAF will establish a centralised asset strategy encompassing asset acquisition, control and maintenance to comply with the contractual requirements of TfNSW. The deployment will ensure FRACAS (Failure Reporting, Analysis and Corrective Action System) processes are followed appropriately, using system capability for ensuring overall asset performance and cloud technology such as automation, IoT, and telemetry integrations.
Ramon Muntada, CAF TE Australia Area Manager, said Infor was chosen because of its expertise in offering asset management solutions to similar organisations in the transportation sector, and understands the complexity of operating and maintaining transport services across Australia and overseas.
“We were extremely impressed with Infor’s track record in rail projects – not just their experience locally in Sydney, Canberra, and Auckland, but also globally in North America and Europe. They have the ability to deliver on a tight timeline and in coordination with project milestones.
“We’ve partnered with Infor for many years globally, and even use Infor’s ERP solutions to manage the manufacturing process of our light rail vehicles in Europe.
“We fully trust in Infor’s ability to deliver and meet all the business requirements of the Parramatta Light Rail project. Their solutions will ensure that health- and safety- related practices are enforced and enable us to efficiently and easily manage audit trails,” Muntada said.
“Infor is proud to be a strategic partner to help CAF deliver a robust and centralised asset management strategy that will underpin the success of the Parramatta Light Rail project,” Infor ANZ managing director Jarrod Kinchington said.
“Infor’s long experience in delivering enterprise asset management solutions both locally and around the globe will ensure CAF can efficiently manage and maintain a complex portfolio of assets.
“The 11-year contract with CAF is a strong validation of Infor’s exceptional track record in providing Critical Infrastructure services to the community – whether that’s in Paris, San Francisco, the UK’s South Western, or more locally with Auckland Transport.”
Media contact:
Phyllis Tan
Infor Asia Pacific
+65 9799 9133
About CAF
CAF is a multinational group with over 100 years of experience in the supply of comprehensive transit solutions positioned at the forefront of technology for high value-added sustainable mobility. The company is a leader in the railway industry offering one of the most comprehensive and flexible arrays of products in railway related markets, including rolling stock, components, infrastructure, signalling and services (maintenance, refurbishing and financial services).
About Infor
Infor is a global leader in business cloud software specialised by industry. Providing mission-critical enterprise applications to 67,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create, learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. To learn more, please visit www.infor.com.
#Infor
Food Insecurity Experienced in Asia Pacific During Pandemic
68% of those who have faced food insecurity dealt with it for the first time
HONG KONG SAR – Media OutReach – 29 April 2021 – Almost 7 in 10 Asia Pacific consumers who have faced “food insecurity” at some point in their lives experienced it for the first time in recent months, according to new research. Food insecurity is defined as the lack of available financial resources for food at the household level, and has been exacerbated by the COVID-19 pandemic.
The research delved into family nutrition trends during the pandemic and was conducted by OnePoll, on behalf of Herbalife Nutrition and Feed the Children, among 2,500 consumers in five Asia Pacific markets, including Hong Kong, Philippines, South Korea, Taiwan and Vietnam.
“We see that food insecurity has impacted parents more during the pandemic because they lacked safe options to get fresh and healthy foods, and had not enough money to buy the food needed. Many parents were also worried about the pandemic’s lasting health impact on their children,” said Stephen Conchie, Senior Vice President and Managing Director, Herbalife Nutrition Asia Pacific.
“Since food insecurity and poor nutrition are associated with several chronic illnesses, there is an urgent need to provide families and children with safe and affordable meal alternatives to allay concerns about food insecurity in the longer term. With this goal in mind, Herbalife Nutrition’s Nutrition for Zero Hunger initiative is just one of the ways we collaborate with non-profit organizations and share resources to bring about that vital change,” he added.
Shifts in Food Purchasing Behaviors
With 68 percent of Asia Pacific consumers who faced food security concerns experiencing it for the first time in during the pandemic, close to half (52%) of Asia Pacific consumers also started purchasing less expensive foods. Respondents shared that they also started shopping at different, less expensive stores (40%), skipped meals (34%), and received food assistance from a food bank or a local community center (32%).
Parents Struggle in Maintaining Healthy, Balanced Diet
While the top food and nutrition issue among all respondents was the inability to eat a balanced diet during the pandemic (34%), there were significant differences reported between respondents who were parents compared to non-parents, including:-
- Lack of access to fruits and veggies (40% for parents vs. 24% for non-parents)
- Lack of safe options to get food (39% for parents vs. 26% for non-parents)
- Not enough money to purchase the food we needed (33% for parents vs. 22% for non-parents)
Parents Display Concern about Lasting Health Impacts
Nine in 10 Asia Pacific parents (90%) surveyed worry that their child will have lasting health effects as a result of food insecurity during the pandemic. Since most children (70%) are currently doing online learning from home, 63% of parents surveyed worry that they are not getting all the nutrients they need because of the disrupted access to school meals. As such, the majority (73%) have been making lunch for their children either at lunchtime or before leaving for the day.
To ensure children can maintain a balanced diet during the pandemic, about half of the parents (55%) said that the government should promote flexible working hours for parents to ensure their kids are eating well. Other popular solutions are for schools to provide easy, healthy meal recipes for parents to use (43%) and relying on food delivery to increase healthy food options (31%).
About Herbalife Nutrition
Herbalife Nutrition is a global company that has been changing people’s lives with great nutrition products and a proven business opportunity for its independent distributors since 1980. The Company offers high-quality, science-backed products, sold in over 90 countries by entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company’s global campaign to eradicate hunger, Herbalife Nutrition is also committed to bringing nutrition and education to communities around the world. For more information, please visit IAmHerbalifeNutrition.com.
#HerbalifeNutrition
About Nutrition for Zero Hunger
Through Nutrition for Zero Hunger, Herbalife Nutrition is helping tackle rising global hunger, food insecurity and malnutrition. As a leader in the nutrition industry, we are committed to addressing this need through combined efforts for access to healthy nutrition and nutrition education. Nutrition for Zero Hunger aligns with the United Nation’s Sustainable Development Goal 2, which calls for bold action to end malnutrition in all its forms by 2030, as well as solutions to end global hunger and improve nutrition worldwide. The initiative addresses global hunger, food security and malnutrition through key commitments to ensure greater access, education, and empowerment of healthy nutrition worldwide.
Achiko’s joint venture partner obtains a distribution certificate for AptameX, a novel diagnostic test for Covid-19 in Indonesia, and commences product registration
- Achiko AG’s joint venture partner PT Indonesia Farma Medis (IFM) obtains medical device distribution certificate
- Achiko subsequently commenced product registration with its partners with a view to mid-year commercial product availability
- Achiko to generate revenues on a 50% holding of the joint venture and a 10% licensing fee from gross sales
ZURICH, SWITZERLAND – EQS Newswire – 29 April 2021 – Achiko AG’s (SWX:ACHI, ISIN CH0522213468) joint venture partner PT Indonesia Farma Medis (“IFM”) has been granted a medical device distribution certificate for Indonesia and commences product registration for AptameX.
This certificate will allow for the procurement, storage and distribution of the novel diagnostic test, AptameX (formerly Project Gumnuts) in Indonesia. It establishes the foundation for a subsequent product registration facilitating the production and sales of the product in Indonesia. Achiko has subsequently commenced product registration with its partners with a view to a mid-year commercial product availability.
To this end, Achiko and IFM are progressing forward with the establishment of the joint venture company PT Achiko Medika Indonesia for the production, distribution and marketing of AptameX (formerly Project Gumnuts) in Indonesia. Achiko will realise revenues on a 50% holding and earn a 10% licensing fee from gross sales.
Indonesia is a significant and important market, with over 270 million people spread over 16,000 islands. The joint venture meets local ownership and approval requirements, enabling Achiko’s solution to provide security for millions of Indonesians’ lives through facilitating access to several tests a month, each at an affordable price.
For shareholders, this translates to licensing and profit share incomes from the joint venture established with IFM.
The issuer is solely responsible for the content of this announcement.
About Achiko AG
Achiko creates and develops new innovations in healthcare technology through its biotechnology division, AptameX, and its sister digital mobile health technology division, Teman Sehat. The Company has created a unique telehealth capability that provides user-friendly diagnostic testing integrated with a digital passport solution for the management of Covid-19.
AptameX comprises of DNA aptamer-based technology that is cost-effective, chemically synthesised and widely applicable to the evolving diagnostic field of healthcare. Together with the digital mobile health app Teman Sehat, Achiko is developing potential technologies that seek to deliver rapid, affordable diagnostic testing for a range of pathogenic diseases and therapeutic indications. The AptameX technology is licensed from Regenacellx.sl and Achiko has exclusive commercialisation rights.
Headquartered in Zurich, Achiko has offices in Hong Kong, Jakarta, Seoul and Singapore.
Further information can be found at www.achiko.com.
#AchikoAG
About PT Indonesia Farma Medis
PT Indonesia Farma Medis (“IFM”) is a medical device and pharmaceutical distribution company with a large network of relationships and distribution channels that includes hospitals, pharmacies and clinics across the main islands of Indonesia.
IFM provides supply chain solutions for distributing medical products and helps companies seeking market entry navigate the complexities of the Indonesian market.
https://indofarmamedis.com
La Belle Moi selects SYSPRO to improve accuracy of inventory, sales and distribution data
The ERP system will remove manual processes and enable efficiencies to digitalise La Belle Moi’s business
MANILA, PHILIPPINES – Media OutReach – 29 April 2021 – La Belle Moi Inc, a leading Filipino provider of quality cosmetics, personal and home care products, has selected SYSPRO Enterprise Resource Planning (ERP) to help digitalise its expanding business.
Asia Pacific CEO of SYSPRO, Rob Stummer
The Bulacan based company selected SYSPRO ERP for financials, inventory management and purchasing via SYSPRO’s business partner in The Philippines, Seven Rivers Inc. La Belle Moi required out of the box and easy to use functionality in its choice of ERP system, which will help the cosmetics manufacturer to remove manual processes, and enable greater efficiencies and to improve accuracy of inventory, sales and distribution data.
The SYSPRO system will provide visibility of unit costs, to ensure accuracy and to achieve better inventory management and performance in their operation. It will also help them to more easily manage their complex pricing, rebates and discount agreements.
“We really value the relationship we have with the Seven Rivers team, which is built on trust and professionalism. The level of service they have provided us is what sets them apart and therefore why we trusted their recommendation to select SYSPRO ERP,” said Jovy Ting, General Manager and Owner at La Belle Moi Inc.
La Belle Moi formulates, manufactures and delivers quality cosmetics, personal and home care products in The Philippines and competes with many of the Japanese and Korean brands that are imported here. The company does the full customisation and manufacturing process from planning a new product line, development of the formulation, packaging production as well as distribution and fulfilment.
“We were looking to solve a number of key challenges around data transparency, because there was a lot of human error and we were relying on multiple sources of information, often in Excel spreadsheets. What we needed was a single version of the truth in real time and this is what SYSPRO will provide us with,” said Jovy Ting.
Le Belle Moi’s initial investment with SYSPRO is preliminary and covers its financial and distribution requirements. Once they have successfully implemented phase one, La Belle Moi plans to implement SYSPRO’s full suite of manufacturing capabilities and will also replace the existing manufacturing operations management system as part of phase two.
“We’re thrilled to be enabling La Belle Moi to move forward with its digitalisation journey and automating its entire operation using SYSPRO. Our ERP system will now be managing the company’s inventory and optimised supply chain. This will help the business to have the scalability to expand into other markets and to export internationally. We are thrilled to be part of the solution to their challenges,” said Rob Stummer, Asia Pacific CEO of SYSPRO.
#SYSPRO
Han Ji-hyun of SBD Entertainment, Wholly-Owned By Spackman Entertainment Group’s Associated Company, Spackman Media Group, Awarded Best Rookie Female Actor In The 2021 Brand Customer Loyalty Awards In Korea
Han Ji-hyun of SBD Entertainment, who starred in popular K-drama PENTHOUSE, won the Best Rookie Female Actor in the 2021 Brand Customer Loyalty Awards in Korea
SINGAPORE – Media OutReach – 29 April 2021 – Spackman Entertainment Group Limited (“Spackman Entertainment Group” or the “Company” and together with its subsidiaries, the “Group“), one of Korea’s leading entertainment production groups, wishes to announce that Han Ji-hyun of SBD Entertainment Inc. (“SBD Entertainment“), a wholly-owned subsidiary of the Group’s associated company, Spackman Media Group Limited, was awarded the Best Rookie Female Actor in the 2021 Brand Customer Loyalty Awards in Korea.
The Brand Customer Loyalty Awards in Korea is held annually by the Korean Customers Council. The purpose of the event is to recognize brands that have the most influence on popular culture and society based on consumer research. U.S. consulting firm Brand Keys collaborated with the Korean Customers Council to identify and determine the winners. Brand Keys was involved in finalizing the winners for the past six years.
During this month, Han Ji-hyun of SBD Entertainment was featured alongside Lee Young-dae as twins from their roles in popular K-drama PENTHOUSE in the pictorial for Gucci in W Korea magazine.
Other than Han Ji-hyun, SBD Entertainment also represents Son Suk-ku who shall be starring in OTT media service Watcha’s original content, UNFRAMED PROJECT.
About Spackman Entertainment Group Limited
Spackman Entertainment Group Limited (“SEGL” or the “Company“), and together with its subsidiaries, (the “Group“), founded in 2011 by Charles Spackman, 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. According to Variety, Korea was the world’s fourth largest box office market in 2019, behind only North America, China and Japan.
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’s wholly-owned Zip Cinema Co., Ltd. (“Zip Cinema“) is one of the most recognised film production labels in Korea and has originated and produced some of Korea’s most commercially successful theatrical films, consecutively producing 10 profitable movies since 2009 representing an industry leading track record. Recent theatrical releases of Zip Cinema’s motion pictures include some of Korea’s highest grossing and award-winning films such as CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), COLD EYES (2013), and ALL ABOUT MY WIFE (2012). For more information on Zip Cinema, do visit http://zipcine.com
SEGL also 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 on Novus Mediacorp, do 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 2021 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.
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. We release all of our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.
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.
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-lounge called Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.
For more details, do visit http://www.spackmanentertainmentgroup.com/
#SpackmanEntertainmentGroup