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Oyen Launches Digital-First Pet Insurance Platform

KUALA LUMPUR, MALAYSIAMedia OutReach – 22 April 2021 – Malaysians love their furry friends and are increasingly investing in a burgeoning range of pet-related products such as pet hotels, pet grooming services, pet tracking/monitoring gadgets and many more. But pets can also be a heavy responsibility for caring owners, if they get ill or unfortunately suffer an accident.

This is why Oyen Sdn Bhd created a digital-first insurance platform – oyen.my – with MSIG Malaysia partnering to underwrite the pet insurance policy. This new platform allows caring pet owners to digitally buy and manage medical insurance for their cats and dogs, quickly and conveniently.

Kevin Hoong, Oyen Founder & CEO, said, “The COVID-19 pandemic has fuelled an increase in pet ownership around the world. More people are now working from home and increasingly look to pets to provide companionship and help manage their stress. Many of these new pet owners are first-timers and often millennials, who are more digitally savvy.”


In the US, the Animal Medical Centre has seen a 25% increase in new pet dogs and cats ownership compared with the previous year prior to the pandemic. An overwhelming percentage of pet owners (74%) in the UK had also said that their pet had helped them with their mental health while they were coping with the lockdowns.


“As a busy working adult living on my own, the remote working arrangement limits my physical interactions, which can feel demotivating. I am happy to have my cats, Budi and Nadi, as companions to keep me positive. Oyen provides me with the peace of mind that my cats are always protected. Major plus point – it took me just a few minutes to apply with Oyen online!” Aiman Kamal, 32, a banker & recent customer of Oyen Sdn Bhd.


Kevin continued, “Medical costs for pet care can be surprisingly large and an unexpected and unwelcome expense for many owners should their pets get ill or suffer an unfortunate accident. That is why we thought it was the perfect time to launch this digital pet insurance option in Malaysia. We want to lower the barrier to entry and offer a service which can provide pet owners, especially first timers, with some reassurance and peace of mind in these turbulent times.”


“When I first adopted 2 stray cats (Siti Kylie and Nurul Kendall), I was worried about the financial commitment that would inevitably come with their health care costs. Once, Siti Kylie fell sick, and I was shocked at the bill that came! The fact that I can now purchase the coverage online with Oyen makes the process super convenient, and all of the important details are stated in their website clearly.” Jehan Omar, 31, IT Project Manager, who is a customer of Oyen Sdn Bhd.

Some key features of Oyen’s pet insurance^ include:

  • High vet medical coverage in Malaysia – up to RM 8,000 in vet medical fees, claimable in the event of illness or accidental injury.
  • Farewell burial/cremation cost up to RM 1,000, and third-party liability coverage up to RM 50,000.
  • Reimbursable visits to registered vet clinics in Malaysia.
  • Fast cover and seamless claims. Customers can get insurance coverage within minutes and submit their claims online.

Mr. Chua Seck Guan, CEO of MSIG Malaysia, said, “We are delighted to have been able to work with Oyen to develop this unique digital pet insurance offering. We hope that our position as one of the world’s top ten general insurers, with over 100 years of operation in Malaysia, will provide reassurance and confidence to Malaysian pet owners looking to use Oyen to cover their pets’ medical expenses.”

^Terms and conditions apply.


About Oyen Sdn Bhd

Oyen is a digital-first insurance platform that allows customers such as pet owners to buy and manage pet medical insurance for their cats and dogs easily.

Oyen’s mission is to help Malaysians be happy pet owners through healthy pets. The company was founded by a group of passionate pet lovers and qualified insurance professionals with years of experience in the insurance industry.

As a digital insurance platform, Oyen aims to make the insurance purchase and claims experience as seamless as ordering a rideshare on your mobile phone.

Oyen Sdn Bhd is an authorised agent of MSIG Insurance (Malaysia) Bhd.

For any interested cats and dogs owners, visit Oyen’s website (https://www.oyen.my) or social media pages (Facebook – @oyen.insure and Instagram – @my.oyen) for more details. Alternatively, you can contact their friendly Customer Care Team’s hotline at 03 2935 9955 (WhatsApp and Voice Call).

About MSIG Insurance (Malaysia) Bhd

MSIG Insurance (Malaysia) Bhd (“MSIG Malaysia”) is a subsidiary of Mitsui Sumitomo Insurance Company, Limited and a member of MS&AD Insurance Group Holding, Inc. (MS&AD), one of the top ten** general insurers in the world.

With over 100 years of general insurance experience and a nationwide network of 20 branches in Malaysia, MSIG Malaysia is one of the leading general insurers in Fire, Engineering and Motor classes and No.1* in Marine Cargo, offering an extensive range of products and services for personal and business needs.

MSIG Malaysia’s expertise is well recognised through its receipt of many prestigious awards. These have included the 2020 Reader’s Digest Quality Service Award – Silver winner in the Car Insurance category. MSIG was recognized for having one of the highest levels of quality service, which reflects the effort that the company has put in to satisfy consumer’s demand for high service standards. The company was also awarded the 2018 “Outstanding Property and Casualty Insurer in Malaysia” award in the InsuranceAsia News Awards for Excellence. MSIG Malaysia was commended for leading the market with strong financial growth, investment in product innovation, enhanced digital capabilities in business and claims management systems and strong customer service proposition. Its commitment to customer service excellence through its efforts in enhancing the customer experience and industry leadership in Enterprise Risk Management also earned MSIG Malaysia the “General Insurance Company of the Year” at the Asia Insurance Industry Awards in 2015.

For more information on MSIG Malaysia, visit www.msig.com.my or facebook.com/MSIGmy.

*As of Dec 2020

**Fortune Global 500, 2019.


Media Outreach Named A Top Press Release Distribution Service Provider In Asia

HONG KONG SAR – Media OutReach – 21 April 2021 – Media OutReach, the first global newswire founded in Hong Kong in 2009, was named by TMCnet as one of the leading press release distribution services in Asia by TMCnet in its Top 7 Asia Press Release Distribution Services Reviewed feature report. TMCnet is a full-service news portal providing thousands of articles and features covering today’s most dynamic technologies, including, IP communications, wireless, CRM, cloud computing, WebRTC, contact center, and information technology.

In the report, TMCnet assessed and ranked the press release distribution services on key metrics such as distribution network and proven ability to deliver results; partnership agreements with Asian media outlets, newswires and top news organizations; and return on investment (ROI), with scores based on measurement and analysis tools for benchmarking results with target audience. Under these criteria, Media OutReach was acclaimed as “…the most important and influential Asian PR distribution service” with a “… world-class Asia-Pacific distribution network.”


Media OutReach is a global newswire whose success is attributed to a number of key factors including: (1) its proprietary technology-led distribution platform that delivers multimedia assets and multilanguage content directly to the inboxes of journalists and editors; (2) its precise journalist and editorial targeting capabilities, thereby maximizing interview and write up opportunities; (3) it is the only press release distribution service that guarantees online postings on real news media thus enhancing online visibility, SEO and empowers social media sharing; (4) its pioneering Media and Journalist Insights dashboard which directly addresses the vexing question of whether journalists open client press releases – by tracking when releases are opened and conversion to write ups. These key factors combined with Media OutReach’s in-depth understanding of the media landscape in Asia Pacific benefits its customers.

Jennifer Kok, founder and CEO of Media OutReach said “Since founding, our aim is to build a service to support our clients to achieve their communication goals. Leveraging our own Asia Pacific network and international distribution agreements with partners that shares our vision. We are pleased with this recognition of our achievement from TMCnet as a Top 7 Asian Press Release Distribution Service Provider and we will continue our focus on investing on building a service that ensures their communication success in Asia Pacific and internationally.”

About Media OutReach

Founded and headquartered in Hong Kong in 2009, Media OutReach is the first global newswire founded in Asia Pacific with offices in Singapore, Malaysia, Vietnam, Japan, China and Taiwan as well as international reseller partnerships in Canada, USA and Europe. Media OutReach is the only newswire that owns its distribution network across 24 countries across Asia Pacific; possessing a database of more than 130,000 journalists, 400 trade categories, 62,000 media titles and 460 media partnerships, it is revolutionizing the industry by providing guarantee online news posting by language for each distribution. With proprietary technology at its core, Media OutReach Newswire distributes multi-language and multimedia press release contents directly to the inbox of targeted editors and journalists to optimize news write up, build media relations and automates the reporting process with key performance metrics and its pioneering post-release reports gives insights into journalists accessing the release by publication and by country.

Media OutReach Newswire is the go-to news release and content distribution partner for public relations, social marketing, digital agencies, and organizations in Asia Pacific. For more information on Media OutReach, please visit https://www.media-outreach.com/ or follow us on Linkedin and Twitter.

#media-outreach #pressreleasedistribution #asiapacificpressrelease #pressrelease #newswire #publicrelations

Tsim Sha Tsui Ranked #1 as the Most Expensive Shopping Street in Asia Pacific Despite Biggest Rent Drop in Hong Kong’s History

Rent Declined by 43% for Causeway Bay

Hong Kong, Tokyo, Sydney ranked Top 3 in Asia Pacific

HONG KONG SAR – Media OutReach – 22 April 2021 – Two-thirds of retail strips in Asia Pacific saw rental declines in 2020, with Causeway Bay in Hong Kong experiencing the steepest decline at 43%, according to Cushman & Wakefield’s latest Asia Pacific Main Streets Report. Causeway Bay had been #1 across the globe in retail rental value in the last 2 years. Yet, its position was taken over by Tsim Sha Tsui in 2020. Retail rental dropped by 42% and 35% year-on-year for Central and Tsim Sha Tsui respectively. On average, retail space rental value citywide has fell by 38% in Hong Kong over the course of 2020.

“Ownership diversity is the key differentiator between Tsim Sha Tsui and Causeway Bay retail rental performance. Ownership of Canton Road in Tsim Sha Tsui, the main shopping area, is more centralized when compared with Russell Street of Causeway Bay. In times of crisis, centralized ownership allows for more flexible measures to retain tenants, thus maintaining a more stable trade mix with a cluster of renowned brands with optimal brand impact,” said Mr. Kevin Lam, Cushman & Wakefield’s Executive Director, Head of Retail Services, Hong Kong. “Looking ahead, with international travel made possible again towards the later part of 2021, together with a stable trade mix, we would expect retail rental performance to recover first in Tsim Sha Tsui district for the same reason,” Mr. Lam continued.

However, the retail sector in Mainland China had the least disruption amongst all the markets in the region, with average rental declines of 5%. In contrast to the Beijing Central Business District (CBD) which had a 14% decrease in rental in 2020, the Luohu district in Shenzhen saw the largest rental growth of 5%.

Mr. Keith Chan, Cushman & Wakefield’s Director, Head of Research, Hong Kong, commented, “Hong Kong remained in the top position regardless of the average retail rental drop of 38% in 2020. Tsim Sha Tsui still sits 31% above the second place, Ginza of Tokyo. This reflects the exceptionally high retail rentals in Hong Kong regardless of the pandemic outbreak and economic downturn.”

“The key market drivers in operation due to COVID-19, namely international border closures, lockdowns and work-from-home practices have been universally felt across the region. As a result, we see little change in Asia Pacific rent cost rankings, at least for the top 10 cities, with Hong Kong, Tokyo, Sydney, Seoul and Osaka maintaining their dominance at the top of the list,” noted Dr. Dominic Brown, Head of Insight & Analysis, Asia Pacific at Cushman & Wakefield.

Most expensive retail districts by market ranked by Q4 2020 rent (USD/sqft/yr)

RANK 2020

RANK 2019

MARKET

LOCATION

RENT

1

1

Hong Kong

Tsim Sha Tsui

$1,607

2

2

Tokyo

Ginza

$1,223

3

3

Sydney

Pitt Street Mall

$974

4

5

Seoul

Myeongdong

$930

5

4

Osaka

Shinsaibashisuji / Midosuji

$805

6

6

Shanghai

West Nanjing Road

$600

7

7

Beijing

CBD

$500

8

8

Nanjing

Xinjiekou

$470

9

9

Melbourne

Bourke Street

$422

10

10

Singapore

Orchard Road

$421

Asia Retail Trends

  • Rise of localism – Shoppers have become more supportive of local businesses to help them survive through the pandemic. In a 2020 global survey of 8,000 consumers carried out by Rakuten Advertising, 50% of households responded that they had purchased more from local businesses. Furthermore, consumers in Asia Pacific were more likely to avoid making international online purchases, showing a preference to spend their money domestically.
  • Growth of e-commerce – The pandemic has inevitably increased online retailing as lockdowns and health concerns have pushed purchasers onto digital platforms. For the Asia Pacific region, which was already a digitally hungry region, the growth of e-commerce comes as no surprise. The region has a 64% share of global e-commerce at USD2.5 trillion out of a global total of USD3.9 trillion, according to e-marketer.
  • The pandemic has also transformed the luxury goods sector with online share of luxury purchases increasing from 12% in 2019 to 23% in 2020, according to Bain & Company. However, it remains too early to tell if this is a temporary enforced shift or start of a much wider acceptance of online retailing for luxury goods. While consumers of luxury goods generally prefer to buy in-store to enjoy the accompanying high-quality service, the growing presence of omni-channel marketing will have an impact on the evolution of the luxury goods sector.

Looking Ahead

The retail sector is facing some of the most significant cyclical and structural headwinds of all real estate sectors; some of which were in play prior to COVID-19 while others have occurred as a result of swift and strict restrictions on domestic and internal population mobility. Such issues have had a disproportionate impact on high-end retail destinations. It is unlikely that these districts will immediately spring back to pre-COVID performance because of the slow pace of recovery in international travel, but at the same time it does not mean that they will fade into irrelevance. The progress made in the roll-out of vaccine programs globally and the gradual return to normalcy will also contribute to the overall recovery of the retail sector.

For retail, in the near term, this means greater bifurcation in consumer spending; with value-oriented concepts continuing to flourish and luxury retail rebounding more quickly. Following the 2008 global financial crisis, global luxury retail generally rebounded within a 12 to 18-month timeline. Evidence from China in 2020 supports this view, which should provide a dose of optimism to the luxury sector.

While the focus is understandably on current concerns and difficulties, it would be remiss not to keep an eye on longer term opportunities. Over the next decade, the Asia Pacific regional economy will continue to outpace the rest of the world and grow from a 36% share to 40%. The middle class is forecast to swell by over 1.5 billion over the same period. These trends, together with the fact that many markets across the region, especially in South East Asia, remain underserved by physical retail floorspace highlight the opportunities on offer beyond the current COVID-19 affected conditions.

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, 22 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 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

Laos Reports Six New Cases of Covid-19

Laotian Times Covid-19 Update

Laos has confirmed six new cases of Covid-19 today as the first day of lockdown in Vientiane Capital draws to a close.

AXA becomes the first insurer to join Green Monday ESG Coalition

HONG KONG SAR – Media OutReach – 22 April 2021 – AXA Hong Kong and Macau (“AXA”) is proud to be the first insurer to join the “Green Monday ESG Coalition” (“Coalition”) as a founding Mission Partner, rendering our full support to combat climate change for a sustainable and resilient future.

The Coalition is led by Green Monday Group, a leading green social enterprise headquartered in Hong Kong. It aims to unify businesses with concrete carbon emission reduction actions to achieve the global “Net Zero” goal.

As the first and only insurer joining the Coalition, AXA has pledged to combat climate change through a series of innovative green actions and co-creating social education and community projects with Green Monday.

Sally Wan, Chief Executive Officer of AXA Hong Kong and Macau, said, “Climate change is our century’s biggest challenge. As a global insurance leader, AXA is committed to being a catalyst for action to build a green and sustainable future. We are very pleased to join forces with Green Monday and other like-minded leading firms in this Coalition to take action for our planet. This again brings to life AXA’s Purpose – Act for human progress by protecting what matters.”

AXA Group has been at the forefront of the fight against climate change for years. In the AXA Group “Driving Progress 2023” strategy which was announced in December 2020, reinforcing our climate leadership position is one of the five key strategic actions. With our commitments and actions towards sustainability, we were recognised as the second most responsible insurer in the world by the Dow Jones Sustainability Index in 2020.

To learn more about the “Green Monday ESG Coalition”, please visit https://greenmonday.org/en/corporate-solutions/.

About AXA Hong Kong and Macau

AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 54 markets and serving 105 million customers worldwide. Our purpose is to act for human progress by protecting what matters.

As one of the most diversified insurers offering integrated solutions across Life, Health and General Insurance, our goal is to be the insurance and holistic wellness partner to the individuals, businesses and community we serve.

At the core of our service commitment is continuous product innovation and customer experience enrichment, which is achieved through actively listening to our customers and leveraging technology and digital transformation.

We embrace our responsibility to be a force for good to create shared value for our community. We are proud to be the first insurer in Hong Kong and Macau to address the important need of mental health through different products and services. For example, the Mind Charger function on our holistic wellness platform “AXA BetterMe”, which is available via our mobile app Emma by AXA, is open to not just our customers, but the community at large. We will continue to foster social progress through our product offerings and community investment to support the sustainable development of Hong Kong and Macau.

THIS PRESS RELEASE IS AVAILABLE ON AXA’S WEBSITE: AXA.COM.HK

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS

Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in the forward-looking statements. Please refer to Part 4 – “Risk factors and risk management” of AXA’s Universal Registration Document for the year ended December 31, 2019, for a description of certain important factors, risks and uncertainties that may affect AXA’s business, and/or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as part of applicable regulatory or legal obligations.


Reckitt, Makers of Dettol, Partners with Hilton Hotels in Hong Kong for Hilton CleanStay Programme to Ensure Enhanced Levels of Hygiene for Guests

HONG KONG SAR – Media OutReach – 22 April 2021 – In its partnership with a hospitality group, Dettol maker, Reckitt (previously known as RB) has collaborated with Hilton, one of the world’s largest global hospitality companies, to deliver an industry-leading standard of cleanliness and disinfection to Hilton properties with its Hilton CleanStay programme globally. The programme, which continues its roll out in Hilton’s hotels in Hong Kong, Conrad Hong Kong and Hilton Garden Inn Hong Kong Mongkok, will enhance the already high safety standards of Hilton’s hotels across its 18 brands globally.

Reckitt’s years of research has led to the development of effective hygiene and disinfection formulas for its products. Dettol, one of the most trusted brands in the industry, was developed over 80 years of expertise and science-based knowledge. Under the Hilton CleanStay programme, guests will experience enhanced protection from Dettol’s products in the hotels. As part of the hygiene measures, guests will experience the following:

  • Enhanced protection from Dettol’s products such as Dettol Disinfectant Wipes which are used for deep cleaning of high touch-point areas such as elevator panels.
  • Elevated cleaning protocols of high-traffic areas in public spaces to give guests additional peace of mind.
  • The Hilton CleanStay room seal, which will be placed on room doors after the rooms are thoroughly cleaned.
  • Additional disinfection with Dettol products will be applied on high-touchpoint areas in the rooms such as light switches, door handles, TV remotes, thermostats and others.

In addition, across Hilton’s hotels, guests will see the following implemented as part of the Hilton CleanStay programme:

  • Physical distancing signage in high-traffic areas ensuring guests move around in a safe way.
  • Increased frequency of cleaning high-traffic areas and stations with hand sanitizers and disinfecting wipes for public use available throughout hotels at entrances and in high-traffic areas such as check-in desks and lobby seating areas.
  • Adjustment of food and beverage service and offerings to support physical distancing and increased hygiene.
  • In hotel restaurants, tables and chairs will be spaced to ensure physical distancing. Single-use plates and cutlery will be available upon request. When ordering room service where it is provided, guests will experience contactless delivery.

Guests can access more details on the program on Hilton.com/cleanstay before or during their stay.

Mr. Pankaj Agarwal, Reckitt’s General Manager Hong Kong, Taiwan & Cross-Border, said, “In recent months, residents are increasingly booking staycations. We are proud to be partnering Hilton to launch the Hilton CleanStay programme to provide assurance to guests through the use of Dettol products, one of the most trusted brands in the world. Our focus with Hilton is to reassure guests that they can continue to stay, meet and work in these spaces with enhanced levels of hygiene and cleanliness. Reckitt is always driven by its purpose to put people first so as to protect, heal and nurture in a relentless pursuit of a cleaner, healthier world.”

Alexandra Jaritz, senior vice president, Brand Management, Asia Pacific, Hilton, said, “We are delighted to partner with Reckitt on Hilton CleanStay, as we work together to bring Hilton’s new industry-defining standard of cleanliness and disinfection to properties in Hong Kong. For us, it was important to partner with a company with this level of scientific expertise. Dettol is known and trusted by many and by working together with Reckitt we can help Hilton guests enjoy an even cleaner and safer stay from check-in to check-out.”

For more information, please visit: http://www.hilton.com/cleanstay

About Reckitt

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

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

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

We are a diverse global team of more than 43,000 colleagues. We draw on our collective energy to meet our ambitions of purpose-led brands, a healthier planet and a fairer society.

Find out more, or get in touch with us at www.reckitt.com

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

About Hilton


Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 6,400 properties and more than one million rooms, in 119 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on the 2020 World’s Best Workplaces list, and was named the 2020 Global Industry Leader on the Dow Jones Sustainability Indices. In 2020, Hilton CleanStay was introduced, bringing an industry-defining standard of cleanliness and disinfection to hotels worldwide. Through the award-winning guest loyalty program Hilton Honors, the more than 112 million members who book directly with Hilton can earn Points for hotel stays and experiences money can’t buy, plus enjoy instant benefits, including contactless check-in with room selection, Digital Key, and Connected Room. Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Strong Vision towards Carbon Neutrality Brings NEFIN and Mondelēz International Together

3,060 state-of-the-art solar panels to be installed on rooftop of Mondelēz Thailand plant

 

BANGKOK, THAILAND & HONG KONG SAR – Media OutReach – 22 April 2021 – The leading solar photovoltaic developer and investor in carbon neutrality solutions, NEFIN Group, and leading global snacking company, Mondelez International, signed a Power Purchase Agreement today to kick-off a meaningful partnership allowing the over 7000 sq.m. Mondelēz manufacturing facility in Thailand to embrace clean energy.

Left: Jirapong Jaroensri, Plant Manager, Mondelēz International (Thailand) Co., Ltd.

Right: Glenn Lim, CEO of NEFIN Group

NEFIN Group is commissioned to design and build a total of 3,060 solar panels with a full capacity to generate 1,346.4 kWp. It is estimated that system can produce an annual solar energy output of 1,988,741 kWh, equivalent to 1,566 tons CO2 offset per annum.

“We choose the Earth Day to announce this partnership as it helps convey a deeper meaning than just a PPA project for NEFIN,” said Glenn Lim, CEO of NEFIN Group. “We believe all corporates, large and small, should play a key part in combating climate change and embracing sustainability. By announcing the kick-off of this project today, we wish to engage with more decision-makers and stakeholders who want to make a positive change for the environment and for their businesses in the long-run.”

Mondelēz International has an on-going commitment to lead the future of snacking by making snacks the right way to deliver positive impact to the world and the communities where its business operates. As part of the company’s mission, Mondelēz International focuses its purpose-driven strategy on well-being and sustainability, including reducing environmental impact. The company has established clear sustainability goals and measurable environmental targets. As a result, it had delivered all of its 2020 environmental reduction goals on CO2, water and waste. Mondelēz International continues to invest more in energy efficient technologies, improving energy management and promoting sustainability in its manufacturing facilities across the globe.

Jirapong Jaroensri, Plant Manager, Mondelēz International (Thailand) Co., Ltd., said, “At our Lad Krabang Plant, we have started our journey towards renewable energy since 2016, including purchasing the electrical from low CO2 emission sources and installing plate heat exchangers (PHE) to produce hot water and reuse it at our Cooling Tower. Today, we are very excited to announce a new milestone step together with a leading solar developer and investor like NEFIN Group. This partnership marks a new progress towards achieving our goals to create sustainable future for snacking and reduce end to end absolute CO2 emissions by 10% by 2025 versus 2018 baseline.”

With a strong base and solid track record in Asia, NEFIN has completed projects that altogether have already generated 77,766 MWh, which is equivalent to have planted 775,748 trees for the environment, or offsetting 185,907,287 kilometers’ CO2 emission by driving a car. “This partnership kick-off is important to NEFIN Group as it continues to expand its footprint into the Thailand market. We hope this is the first step of a long-term partnership between Mondelēz and NEFIN. Together, we believe we can achieve more for sustainability than us divided,” commented Bor Hung Chong, Head of Business Development of NEFIN Group.

About Mondelēz International

Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2020 net revenues of approximately $27 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO cookies, belVita breakfast biscuits and LU biscuits; Cadbury Dairy Milk chocolate, Milka chocolate and cookies, Toblerone chocolate; Sour Patch Kids candy, Trident gum and many more. Mondelēz International is a member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit mondelezinternational.com and follow us on Twitter at www.twitter.com/MDLZ.

About Mondelēz International (Thailand)

Mondelēz International is part of the Mondelēz International group of companies which empowers people to snack right in over 150 countries around the world, with a strong presence in Southeast Asia. With 2020 net revenues of approximately USD 27 billion, Mondelēz International is a member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index.

Mondelēz International is leading the future of snacking with iconic global and local brands such as Halls gum and candy, Clorets gum and candy, Dentyne gum, Sour Patch Kids soft candy, OREO cookies, RITZ crackers, LU biscuits, Chips Ahoy! cookies, Solite cake, Cadbury Dairy Milk chocolate, Toblerone chocolate, Philadelphia cheese and many more. We’ve been part of Southeast Asia for more than 70 years, with operations in Thailand, Indonesia, Malaysia, the Philippines, Singapore and Vietnam. Our +7,000 colleagues work across our ten manufacturing locations – including the plants in Ladkrabang and Khon Kaen in Thailand – two research and development technical centers and our sales and marketing network to create products that people can truly love and feel good about. From wholesome to indulgent bites, consumers can enjoy the right snack, for the right moment, made the right way.

Visit mondelezinternational.com and follow us on social media : facebook.com/mondelezinternational, instagram.com/mondelēz_international, linkedin.com/company/mondelezinternational and twitter.com/MDLZ.

About NEFIN Group

NEFIN Group is a regional renowned carbon neutrality solutions provider and investor with a bespoke unified energy management platform committed to achieve carbon neutrality for organizations . Founded by a core management team of DuPont Solar Business, the management team has grown into a well-rounded team of engineers, legal experts, investment bankers and techno-commercial experts with the combined experience of over 40+ years of project development in Asia and 50+ years of engineering experience. NEFIN Group has collectively delivered over 300MW of utility-scale, commercial, and industrial rooftop solar systems regionally. As a strong cohesive team, NEFIN Group is able to offer a comprehensive 360 degree assessment and full-suite of services on socially responsible and commercially viable projects through innovative approaches to technology under its unified energy management platform. NEFIN believes the future of the world is everyone’s responsibility and strives to redefine energy boundaries towards a sustainable future. Please refer to NEFIN’s website www.nefinco.com for more information.

Han Ji-hyun Of SBD Entertainment, Wholly-Owned by Spackman Entertainment Group’s Associated Company, Spackman Media Group, Featured in W Korea Magazine for Luxury Brand Gucci

Han Ji-hyun of SBD Entertainment featured alongside Lee Young-dae as their roles as twins from popular K-drama PENTHOUSE in the May edition of W Korea magazine for luxury fashion brand Gucci

 

SINGAPORE – Media OutReach – 22 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, is featured in the May edition of W Korea magazine for luxury fashion brand Gucci.

Donning Gucci apparel and handbags, Han Ji-hyun of SBD Entertainment and Lee Young-dae posed 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.

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.

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/