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Accel Group Subsidiary Wins “Most Reliable Leaders of Electrical and Mechanical Engineering Services Provider 2021” Award

Rising Strength, Scaling Position

HONG KONG SAR – Media OutReach– 24 June 2021 – Accel Group Holdings Limited (Stock code: 1283.HK, “Accel Group” or the “Group”)is pleased to announce that, Chit Tat Electrical Engineering Limited (Chit Tat Electrical Engineering) , a wholly-owned subsidiary of Accel Group, won the “Most Reliable Leaders of Electrical and Mechanical Engineering Services Provider 2021” in “Hong Kong’s Most Outstanding Leaders Awards 2021” organized by CORPHUB, which fully demonstrates that the Group’s competitive advantages and leadership has been recognized by the industry and peers.


The award ceremony of “Hong Kong’s Most Outstanding Leaders Awards 2021” was held at Shangri-La Hotel, Kowloon today. Chit Tat has stood out among the peers with its outstanding achievements in mechanical and electrical engineering services. Mr. Ko Laihung, Chairman and Chief Executive Officer of the Group , attended the awards presentation ceremony and was awarded by Ms Elsa Tang, Regional Director (Greater China) of The CFO Center.

Image: Mr. Ko Laihung, Chairman and Chief Executive Officer of the Group, was awarded with the crystal trophy of the “Most Reliable Leaders of Electrical and Mechanical Engineering Services Provider 2021”.

“Hong Kong’s Most Outstanding Leaders Awards 2021”, comprises a professional evaluation team with industry leaders, members of the chamber of commerce and authorities from all walks of life, to recognize the great contributions and achievements of enterprises based on different criteria, including service quality, governance, and social responsibility of enterprises. Also, the award winners in this year include multiple renowned enterprises active in Hong Kong and US stock market. Previously, Chit Tat Electrical Engineering was awarded “Most Outstanding Electrical and Mechanical Engineering Services Award 2020” by CORPHUB in “Hong Kong’s Most Outstanding Services Awards 2020” at December 2020, showing that the professional and outstanding electrical and mechanical engineering services of the Group is widely-recognized. Chit Tat Electrical Engineering was awarded as the “Most Reliable Leaders of Electrical and Mechanical Engineering Services Providers 2021” this year, demonstrating that the Group’s rising strength of electrical and mechanical engineering services and the scaling position in industry are fully recognized.

Mr. Ko Laihung, Chairman and Chief Executive Officer of the Group , said, “Chit Tat Electrical Engineering adheres to the customer-oriented spirit and pursues, and is committed to achieving excellent performance, strengthening competitive advantages and diversifying layout, empowering Accel Group, parent company of Chit Tat Electrical Engineering, to create greater value and give back to investors. It is a great honor to be awarded by the industry award again. After 30 years endeavor, the Group is succeeded in achieving leadership in industry, which not only represent the professional and outstanding electrical and mechanical engineering services of the Group, but also the recognition of the Group’s contribution and outstanding performances in electrical and mechanical engineering by the industry. Since listing in 2019, the Group, has successively won numerous awards and has been included in one of the most informative investment indexes, which would be the reflection of the excellent achievements and the motivation of maintaining excellent services quality of Group. Accel Group will give back to the investors and the society for their recognition, by consciously providing leading electrical and mechanical engineering services.”

About Accel Group Holdings Limited (Stock code: 1283.HK)

Accel Group Holdings Limited (the “Group”) listed on the Main Board of the Stock Exchange of Hong Kong Limited in 2019. It is an electrical and mechanical engineering services provider with good track record. Its key customers are famous developers and architectural firms in Hong Kong. The Group has established experience in several significant construction projects for famous developers and architectural firms in Hong Kong. The Group is mainly engaged in installing electrical and mechanical facilities for various developers, including the installation of air-conditioning system, drainage system, water supply, swimming pool and fountain system, electrical and control system as well as smart electrical control system in buildings. The Group is committed to providing quality electrical and mechanical engineering services.

#Accel Group

About Chit Tat Electrical Engineering Limited

Chit Tat Electrical Engineering Limited is a wholly-owned subsidiary of Accel Group Holdings Limited. It has approximately 30 years of mechanical and electrical engineering service experience and a solid foundation, and it has developed into one of the most highly influential and competitive mechanical and electrical engineering companies in Hong Kong. It is equipped with professional technical personnel and construction teams. It occupies an important position in Hong Kong’s mechanical and electrical engineering industry, especially in private residential air-conditioning projects. Chit Tat Electrical Engineering Limited is committed to giving full play to its expertise in mechanical and electrical engineering technology to provide high-quality services, adhering to the customer-oriented spirit, achieving excellent performance, strengthening competitive advantages and diversifying layout, to maintain the leading position in the industry and empower Accel Group, parent company of Chit Tat Electrical Engineering to establish solid industry position.

KKStream Launches BlendVision SaaS Solution to Open Up the Possibilities of Streaming Across All Industries

Through a unique Streaming-as-a-Service model, KALEIDO, MOMENT and LOOM offer the tools for world-class streaming with the flexibility to accommodate individual priorities

TAIPEI, TAIWAN – Media OutReach – 24 June 2021 – KKStream, a leading provider of B2B video streaming solutions, today unveiled its BlendVision modular streaming platform with three software solutions. They include KALEIDO, a one-stop streaming platform; MOMENT, a high-quality live streaming service; and LOOM, an AI-powered video encoding solution. BlendVision’s Streaming-as-a-Service model is built on KKStream’s extensive experience helping global companies establish streaming applications. Designed to be quick and easy to set up, the new services empower businesses of any scale to deliver world-class videos to their audience in no time.

The Asia-Pacific OTT media streaming market is growing fast: it is expected to be worth nearly US$88.3 billion by 2025, according to Statista. Companies across a wide range of industries are adopting streaming and online video as part of their digital transformation efforts. For those with no prior experience, it can be difficult to know where to begin. BlendVision aims to demystify the process and offer a flexible, ready-to-run service that is adaptable to the needs of individual businesses, from startups and SMEs to large enterprises. “Through the Streaming-as-a-service business model, our BlendVision solution enables companies to build their own video platform in an instant and shorten their time to market,” said Eric Tsai, President of KKStream. “We hope to make streaming a standard business tool that is accessible to everyone.”

BlendVision’s KALEDIO, MOMENT, and LOOM positioned to advance the streaming market

KKStream’s BlendVision video streaming service can help companies solve their streaming challenges. The modular Steaming-as-a-Service model is supplemented with professional consulting service to allow customers create a second growth curve by leveraging the following three products:

  • KALEIDO is a tool for companies of any scale to build their own streaming platform. Featuring AI video encoding, it enables effortless migration of content to cloud-based OTT platforms and cross device viewing via different applications. It also integrates monetization and recommendation systems.
  • MOMENT makes it possible for viewers around the world to watch and participate in live performances, competitions and other events through premium quality, low-latency streaming technology across various platforms.
  • LOOM uses patented per-title-encoding (PTE) technology to encode videos in the most efficient manner as AI technology analyzes each frame, resulting in high quality videos at the smallest file sizes. This saves bandwidth and storage to lower the operational cost of streaming platforms.

In addition, KKStream highly values digital copyright protection. All BlendVision products are equipped with complete DRM protection. The intellectual property of all content creators can be fully protected through features such as geo-lock, playback device limitations, and content encryption.

BlendVision trusted by key customers in Taiwan and Japan for their streaming solutions

BlendVision has helped customers across diverse industries in APAC, spanning telecoms, media, online events and ticketing, online education, and home fitness. It helped cut bandwidth usage and operation cost for one of Taiwan’s top telecom operator’s own OTT video service and enabled Foxconn Group to present an online celebration in 4K quality and multi-angles viewing experiences across 20 countries. In Japan, the telecom operator KDDI chose KKStream to operate their OTT video service “TELASA” with 4K VOD content, AI recommendation, and event live streaming, in conjunction with TV Asahi. The service amassed over 100 thousand subscribers at launch and has over 1 million subscribers to date.

“KKStream is not just a streaming technology provider, but a key strategic partner that helps us realize cross-platform integration and improved service,” said Satoshi Miyaji, General Manager of KDDI’s Entertainment Promotion Department. “The BlendVision streaming service combines past consulting experience, streaming technology, and AI expertise to fulfill the demands of live streaming, video optimization, and highly-integrated end-to-end streaming platforms. We hope that KKStream can continue to grow with BlendVision and enable all industries to leverage online media streaming.”

About KKStream

Founded in 2016, KKStream is the leading provider of B2B streaming service solutions. We use cloud-based streaming, AI, and data analysis to provide enterprise customers a complete media streaming solution and professional consulting service. KKStream is a subsidiary of KKBOX GROUP and headquartered in Taipei, with R&D teams located in both Taipei and Kaohsiung, and an office in Tokyo. Our customers span across telecom operators, media companies, online events and ticketing, online education, and home fitness. Through our BlendVision solution, we offer “Streaming-as-a-Service” products that are both flexible and modular to allow companies easily implement streaming technology, and allow various industries to deliver video streaming applications in high quality. Official website: www.kkstream.com

Business contact:

info@kkstream.com

#KKStream

The Chinese University of Hong Kong Business School Announces Five Business Sustainability Indices to Promote Responsible Business Practices in Hong Kong and Greater China

HONG KONG SAR – Media OutReach – 24 June 2021 – The Chinese University of Hong Kong (CUHK) Business School’s Centre for Business Sustainability (CBS) announces today results of the 6th Hong Kong Business Sustainability Index (HKBSI), the 2nd Greater Bay Area Business Sustainability Index (GBABSI) and the 6th Hong Kong SME Business Sustainability Index (HKSMEBSI), as well as launches the 1st Greater China Business Sustainability Index (GCBSI) and the 1st Greater China Hotel Business Sustainability Index (Hotel BSI).

The unique “Values – Process – Impact” (VPI) model, which was developed and launched in 2015 by CBS, is used in the assessment of all the five Business Sustainability Indices (BSI). Each index company was assessed in three major areas, namely Corporate Social Responsibility (CSR) Values, CSR Process (comprising CSR Management and Practice) and CSR Impact against seven stakeholder groups (Community, Consumer, Employee, Environment, Government, Investor and Supplier), as well as the company’s contributions to economic, social and environmental sustainability. As the Technical Partner of the projects, SGS Hong Kong Limited conducted sample check and verification of the information provided by individual companies. The Sinyi School of NCCU College of Commerce in Taiwan also helped compile the data of Taiwan companies in the GCBSI.

The 6th HKBSI

HKBSI is aimed at charting the ongoing development and performance of Hang Seng Index constituent companies on business sustainability. Compared to the results of the 5th HKBSI released last August, the overall average score of the 50 Hang Seng Index (HSI) constituent companies as at 31 July 2020 was 58.66 (out of 100 points), up by 1.95 percent.

Within the VPI model, the average score of “Values” and “Process-Practice” remained stable compared with that of the 5th HKBSI, while “Process-Management” improved slightly with a 7.33 percent rise but “Impact” dropped by 2.43 percent. In terms of stakeholder analysis, companies showed improvement in Practices such as Employee (5.14 percent rise), Government (up by 2.75 percent), Investor (3.44 percent increase) and Supplier (4.03 percent rise).

Currently, more than half (52 percent) of HSI constituent companies are non-Hong Kong based companies, comprising of H-shares, red chips and other mainland Chinese firms listed in Hong Kong. The overall average score of these non-Hong Kong based companies in the 6th HKBSI recorded a 2.89 percent rise to 50.96 (out of 100 points) when compared to a rise of just 1.18 percent to 67 points for Hong Kong based companies, showing that non-Hong Kong based companies exhibited a bigger performance improvement in business sustainability, especially in CSR management, which was up by 9.39 percent.

Prof. Carlos Lo, Director of CBS, explained, “A salient trend can be observed in the stakeholder analysis is a significant increase of the CSR practices over three out of the four value chain stakeholder groups, namely, Employee (up 5.14 percent), Supplier (up 4.03 percent) and Investor (up 3.14 percent) in comparing with the results in the last round. Still Customer records a slightly increase of 0.45 percent. This indicates the positive development of continuous integration of CSR into corporate core business.”

The 2nd GBABSI

CBS extended its sustainability index project to cover Hong Kong listed companies with operations in Guangdong-Hong Kong-Macao Greater Bay Area that are eligible for southbound trading under the Stock Connect scheme last year. A total of 66 constituent companies of the Hang Seng Stock Connect Hong Kong Greater Bay Area Index as at 31 July 2020 were invited to complete an online assessment questionnaire for the 2nd GBABSI with the same scope as HKBSI.

Benchmarking against the 6th HKBSI results (58.66 points), the overall average score (52.86 points) of the GBABSI companies was still lower, but the performance gap was narrowing with a significant improvement in all the four aspects (Values, Process-Management, Process-Practice and Impact) from 10.70 percent, 12.80 percent, 15.80 percent to 26.27 percent respectively.

GCBSI – the First-of-its-Kind Sustainability Performance Measurement for Listed Companies in Greater China

To encourage and motivate companies in the Greater China region to integrate CSR initiatives into everyday business, CBS rolls out the GCBSI to cover 200 listed companies from HSI, FTSE TWSE Taiwan 50 Index, Shenzhen 100 Index and Shanghai Stock Exchange SSE 50 A Share Index.

In the inaugural GCBSI, the overall average score is 43.11 with an extremely high standard deviation. Specifically, listed companies from Taiwan outperformed those from Hong Kong and mainland China with an average score of 66.05, which is followed by listed companies in Hong Kong (58.66 points), Shanghai (36.56 points) and Shenzhen (26.73 points). Six out of the Top 10 in the 1st GCBSI were Hong Kong companies, and half of the Top 20 companies were from Taiwan. The Hong Kong and China Gas Company Limited and BOC Hong Kong (Holdings) Limited held the top and the second spots, respectively, in the GCBSI, GBABSI and HKBSI. In terms of stakeholder analysis, Taiwan companies maintained a balanced performance in all the seven stakeholder practices, while Shanghai and Shenzhen companies put a relatively stronger emphasis on government and investor.

“These results provide strong evidence to show the comparable standard between companies listed in Hong Kong and Taiwan in performing CSR for achieving sustainability among the Top 20 performers, while those listed in Shanghai and Shenzhen are on the whole in the catching up stage. There is a lot for Mainland-listed companies to learn from their Hong Kong and Taiwan counterparts in sustainability management,” explained Prof. Lo.

Hotel BSI – the First Business Sustainability Index for Listed Hotel Companies in Greater China

In a collaboration with Centre for Hospitality and Real Estate Research (CHRER) at CUHK Business School’s School of Hotel and Tourism Management, results of the inaugural Hotel BSI were also announced today, showing that leading international hotel chains and companies listed in Greater China are showing increasing concern for CSR and business sustainability.

The 1st Hotel BSI shows the annual business sustainability performance for the financial year ended in 2019-20, based on publicly available information of the 36 listed hotel companies in Greater China and six large international hotel chains. It aims at engaging hotel companies in continuous optimisation of CSR hotel practices, and thereby achieve sustainable development and concurrent growth to the benefit of both businesses and society.

Half of the hotel companies achieved over 50 points and reached the “Performer” level, which is comparable to internationally recognised standards of excellence in CSR. Currently, 61 percent of the Hotel BSI constituent companies are Hong Kong and Macau based companies or one of six international hotel chains, and 22 percent are Taiwan based and 17 percent are mainland China based. The Top 10 performers were mostly international hotel chains or Hong Kong listed companies, and only one non-Hong Kong based company entered the Top 10.

The 6th HKSMEBSI

Compiled and announced biannually since 2015, HKSMEBSI aims at inspiring small and medium enterprises (SMEs) in Hong Kong to adopt CSR as a management model to enable them to achieve business sustainability. A total of 27 SMEs with proven track records in CSR performance, namely, winners of major CSR related awards, were invited to complete an assessment questionnaire pertaining to their CSR performance for the preceding two years. For the 6th HKSMEBSI, the assessment was based on the 2020 data provided by the companies.

The overall average score of the index companies in the 6th HKSMEBSI is 78.73 (out of 100 points), a slight improvement compared with that of the 5th HKSMEBSI announced in 2019. Among the seven stakeholder practices, in comparison with the results of the 5th HKSMEBSI, community, customer and government saw improvement. Unlike the listed companies evaluated in the 6th HKBSI, the scores in Investor and Supplier practices decreased by 16.94 percent and 15.22 percent respectively.

Prof. Lo said, “It is very encouraging to see SMEs sustaining their high level of CSR performance, despite the difficult year of 2020, particularly in the delivery of their CSR initiatives. The stakeholder analysis has indicated that Customer remains the most important stakeholder group in the value chain than Investor and Supplier that received the greatest SMEs’ sustainability management attention. It is understandable that business survival is the top priority for SMEs of. At the same time, it is pleased to see their continuous and active pursuit of community engagement.”

The Inaugural Hotel BSI lays a good foundation for the compilation of a Global Hotel BSI. In 2022, CBS will continue to work with CHRER to introduce a BSI covering 80 listed hotel companies worldwide. This can not only encourage companies in the hotel industry to adopt CSR as a progressive business model to achieve business sustainability, but also serve as a robust indicator for ESG investors in selecting companies with socially responsible corporate behaviour. Furthermore, CBS will work closely with the Asia-Pacific Institute of Business, the executive education arm of CUHK Business School, on designing more training programmes and workshops on CSR applications and communication for the business community. Understand that business sustainability is an unended quest that requires companies to build management capacity on a continuous basis, CBS has set its future endeavour on cultivating sustainability talents by developing sustainability management into a knowledge-based profession. This includes the formulation of a qualification framework for the sustainability profession, the support of setting up of a sustainability professional association, and the organisation of sustainability management programme.

Please visit https://bit.ly/3j4CT7E to read the press release on the CUHK Business School website.

Appendix


The 6th HKBSI

Overall VPI Scores

6th HKBSI

5th HKBSI

Changes (6th vs 5th HKBSI)

Mean Score

Performance Level

Mean Score

Performance Level

Total

58.66

Practicer

57.54

Practicer

+1.95%

Values

65.54

Performer

65.22

Performer

+0.49%

Process – Management

71.48

Performer

66.60

Performer

+7.33%

Process – Practice

66.51

Performer

65.31

Performer

+1.84%

Impact

37.68

Explorer

38.62

Explorer

-2.43%

Stakeholder Analysis

Practice

6th HKBSI

5th HKBSI

Changes (6th vs 5th HKBSI)

Overall Scores

66.51

65.31

1.84%

Community

61.64

62.50

-1.38%

Customer

69.12

68.81

0.45%

Employee

70.43

66.99

5.14% ↑

Environment

67.40

67.26

0.21%

Government

53.80

52.36

2.75% ↑

Investor

74.26

71.79

3.44% ↑

Supplier

63.83

61.36

4.03% ↑

Overall Scores – HK vs. Non-HK Based Companies

Total

Values

Process – Management

Process – Practice

Impact

HK based

6th HKBSI

67.00

1.18%

72.33

0.51%

80.50

5.63%

75.98

1.86%

45.48

-3.97%

5th HKBSI

66.22

71.96

76.21

74.59

47.36

Non-HK based

6th HKBSI

50.96

2.89%

59.27

0.46%

63.15

9.39%

57.77

1.86%

30.49

-0.16%

5th HKBSI

49.53

59.00

57.73

56.73

30.54

The Top 10 HKBSI Company Ranking

1. Hong Kong and China Gas Co., Ltd.

2. BOC Hong Kong (Holdings) Ltd.

3. HSBC Holdings plc

4. Sun Hung Kai Properties Ltd.

5. Hang Seng Bank Ltd.

6. MTR Corporation Limited

7. New World Development Co., Ltd.

8. CLP Holdings Ltd.

9. Sands China Ltd.

10. Sino Land Co., Ltd.

The 2nd GBABSI

Overall VPI Scores

2nd GBABSI

1st GBABSI

Changes (2nd vs 1st GBABSI)

Mean Score

Performance Level

Mean Score

Performance Level

Total

52.86

Practicer

45.60

Practicer

+15.92%

Values

53.47

Practicer

48.30

Practicer

+10.70%

Process – Management

61.64

Performer

54.90

Performer

+12.28%

Process – Practice

61.79

Performer

53.36

Performer

+15.80%

Impact

37.68

Explorer

29.84

Explorer

+26.27%

The Top 10 GBABSI Company Ranking

1. Hong Kong and China Gas Co., Ltd.

2. BOC Hong Kong (Holdings) Ltd.

3. Sun Hung Kai Properties Ltd.

4. Hang Seng Bank Ltd.

5. MTR Corporation Limited

6. New World Development Co., Ltd.

7. China Resource Power Holdings Co., Ltd.

8. Sands China Ltd.

9. Sino Land Co., Ltd.

10. Kerry Properties Ltd.

The 1st GCBSI

Overall VPI Scores

Total

Values

Process – Management

Process – Practice

Impact

1st GCBSI – Taiwan

66.05 (Performer)

71.42

86.42

71.02

43.91

1st GCBSI – Shanghai

36.56 (Explorer)

44.54

36.72

44.15

23.53

1st GCBSI – Shenzhen

26.73 (Explorer)

27.74

25.60

37.26

16.27

6th HKBSI

58.66 (Practicer)

66.54

71.48

66.51

37.68

Stakeholder Analysis

Community

Consumer

Employee

Environment

Government

Investor

Supplier

1st GCBSI – Taiwan

70.82

74.05

77.83

67.16

54.68

79.70

64.97

1st GCBSI – Shanghai

41.13

41.82

48.22

33.79

67.08

64.48

26.49

1st GCBSI – Shenzhen

29.35

32.28

42.92

28.29

57.06

65.64

22.17

6th HKBSI

48.56

61.26

62.26

54.68

61.15

65.49

55.16

The Top 10 GCBSI Company Ranking

1.

Hong Kong and China Gas Co., Ltd.

Hong Kong

2.

BOC Hong Kong (Holdings) Ltd.

Hong Kong

3.

HSBC Holdings plc

Hong Kong

4.

Ctbc Financial Holding Co., Ltd.

Taiwan

5.

Sun Hung Kai Properties Ltd.

Hong Kong

6.

Hang Seng Bank Ltd.

Hong Kong

7.

Lite-On Technology Corporation

Taiwan

8.

Taiwan Mobile Co., Ltd.

Taiwan

9.

MTR Corporation Limited

Hong Kong

10.

Far Eastern New Century Corporation

Taiwan

The Top 20 GCBSI Companies (in alphabetical order)

· Asustek Computer Inc.

Taiwan

· Cathay Financial Holding Co., Ltd.

Taiwan

· Chunghwa Telecom

Taiwan

· CLP Holdings Ltd.

Hong Kong

· Fubon Financial.

Taiwan

· New World Development Co., Ltd

Hong Kong

· Sands China Ltd.

Hong Kong

· Sino Land Co. Ltd.

Hong Kong

· Taiwan Semiconductor Manufacturing Company Limited

Taiwan

· United Microelectronics Corp.

Taiwan

The 1st Hotel BSI

Overall Performance Level

Rank

1st Hotel BSI

90-100 points

Exemplar

0

80-89 points

Pace-setter

3

8.33%

70-79 points

Achiever

1

2.78%

60-69 points

Performer

2

5.56%

50-59 points

Practicer

12

33.33%

Below 50 points

Explorer

18

50%

The Top 10 Hotel BSI Performers (in alphabetical order)

  • Accor SA
  • FDC International Hotels Corporation
  • Hilton Worldwide Holdings Inc.
  • Hong Kong and Shanghai Hotels Limited
  • InterContinental Hotels Group PLC
  • Marriott International Inc.
  • MGM China Holdings Limited
  • Miramar Hotel & Investment Company Limited
  • Sands China Limited
  • Wyndham Hotels & Resorts Inc.

The 6th HKSMEBSI

Overall VPI Scores

Total

Values

Process – Management

Process – Practice

Impact

6th HKSMEBSI

78.73

86.20

77.80

83.51

68.70

5th HKSMEBSI

77.69

80.40

79.15

83.68

70.03

Stakeholder Analysis

Community

Consumer

Employee

Environment

Government

Investor

Supplier

6th HKSMEBSI

82.64

91.14

77.81

79.12

52.64

50.22

69.22

5th HKSMEBSI

78.96

86.35

81.29

80.50

48.08

60.46

81.65

The Top 10 HKSMEBSI Company Ranking

1. Meiriki Japan Company Limited

2. Richform Holdings Ltd.

3. Jenston Technology Corporation Limited

4. Ultra Active Technology Limited

5. Diving Adventure Limited

6. City Cut Hair & Beauty Salon

7. Sunta Chemical Limited

8. Dunwell Enviro-Tech (Holdings) Ltd.

9. MYLAMSTUDIO

10. Intimex Business Solutions Company Limited

Participating HKSMEBSI Companies (in alphabetical order)

  • Appetizup Co., Ltd.
  • Arredamenti Company Ltd.
  • CITYRAY TECHNOLOGY (CHINA) LIMITED
  • EcoSage Limited
  • Ensec Solutions Hong Kong Limited
  • Fast Base Enterprises Ltd.
  • Future Lighting Collection Limited
  • Happy Star Travel Service Ltd.
  • Kennic Ltd.
  • KL Home Care Limited
  • Milton Holdings International Limited
  • OKIA Optical Co., Ltd.
  • Projexasia Limited
  • Sailing Boat Catering Group Limited
  • Silver Printing Company Limited
  • Sze Wo Chaan Gas Co., Ltd.
  • Venture Global Limited


About CUHK Business School

CUHK Business School comprises two schools – Accountancy and Hotel and Tourism Management – and four departments – Decision Sciences and Managerial Economics, Finance, Management and Marketing. Established in Hong Kong in 1963, it is the first business school to offer BBA, MBA and Executive MBA programmes in the region. Today, CUHK Business School offers 10 undergraduate programmes and 18 graduate programmes including MBA, EMBA, Master, MSc, MPhil and Ph.D. The School currently has more than 4,600 undergraduate and postgraduate students from 20+ countries/regions.

In the Financial Times Executive MBA ranking 2020, CUHK EMBA is ranked 15th in the world. In FT‘s 2021 Global MBA Ranking, CUHK MBA is ranked 48th. CUHK Business School has the largest number of business alumni (40,000+) among universities/business schools in Hong Kong – many of whom are key business leaders.

More information is available at www.bschool.cuhk.edu.hk or by connecting with CUHK Business School on:

Facebook: www.facebook.com/cuhkbschool

Instagram: www.instagram.com/cuhkbusinessschool

LinkedIn: www.linkedin.com/school/cuhkbusinessschool

WeChat: CUHKBusinessSchool

#CUHKBusinessSchool

About CUHK CBS

The Centre for Business Sustainability (CBS) is a collaboration between the Department of Management and the Department of Government and Public Administration at CUHK. Founded in June 2018, the CBS mission is to promote business sustainability as a viable and profitable business model through conducting innovative research on Corporate Social Responsibility (CSR) and sustainability management practices in the region. CBS also aims to transfer the acquired knowledge of CSR applications to both academic and business communities. The centre’s projects include Business Sustainability Indexes on listed companies and SMEs, local companies and corporations based in the Greater China Region.

SunMirror AG strengthens its Management Team with Simon Griffiths

Former Barrick Gold Chief Geochemist will join SunMirror 1st July 2021

ZUG, Switzerland – EQS Newswire – 6 May 2021 – SunMirror AG (“SunMirror”; XETRA Vienna: ROR1; ISIN CH0396131929), the mining and exploration firm specializing in raw materials such as gold, lithium and other metals and minerals, is strengthening its management team to include Simon Griffiths who will join the company on 1st July 2021.

Simon Griffiths is joining SunMirror as a Non-Executive Director / Technical Advisor. It is planned to appoint him to the board of directors at the next annual general meeting. Simon will support SunMirror at both the strategic and operations levels by reviewing and advising on all technical matters related to SunMirrors’ current and future portfolio of assets on the back of the current commodities super-cycle.

Simon is a consulting Economic Geologist with more than 30 years of mineral exploration experience, including over 10 years each with Rio Tinto and Barrick Gold. Simon has led major projects and mining operations across six continents ranging from managing regional grassroots exploration, target delineation, resource definition, brownfields exploration, pre-feasibility and beyond. These projects span a variety of commodities such as gold, copper, silver uranium, nickel, diamonds, coal and coal bed methane, some of which have resulted in discoveries of world-class mineral deposits.

At Barrick, Simon provided technical leadership as Global Chief Geochemist and was active in mid- and long-term strategic planning as Chief Geologist, South America. He is currently Senior Technical Advisor to Nevada Exploration Inc., Technical Advisor to Northern Shield Resources Inc. and owner of a geochemical focused consulting company, working with over 10 companies with mines or advanced exploration projects in Africa, Europe and North America.

Simon holds a B.Sc. (Hons) in Geology from the University of Liverpool and a Masters’ Degree in Mineral Exploration from the Royal School of Mines and is a Fellow of the Geological Society of London. He is also a graduate of the Orebody Knowledge & Strategic Mine Planning programme in association with Duke University and a fluent Spanish speaker.

“We are very pleased to welcome an experienced and preeminent professional like Simon Griffiths to SunMirror and look forward to working with him successfully in the future. With his expertise and experience, Simon will provide a valuable impetus towards our further growth. Together, we will continue to drive SunMirror’s successful development and increase the company’s value over a long-tail horizon,” said Dr. Heinz Rudolf Kubli, Member of the Board of Directors of SunMirror AG.

About SunMirror AG

SunMirror is a natural resources holding company with a strategic focus on gold and other critical commodities – those metals and minerals that drive demand for sustainable next-generation technology. The company’s shares (ISIN CH0396131929) are listed on the Vienna Stock Exchange (ticker: ROR1) and the Düsseldorf Stock Exchange. For further information, please visit: www.sunmirror.com.

#SunMirror

Cryptology Asset Group Purchases Additional Block.one Shares in the amount of $49 million

Block.one, one of the world’s largest Bitcoin holders, recently unveiled their new cryptocurrency exchange launching in 2021, Bullish

VALLETTA, MALTA – EQS Newswire – 24 June 2021 – Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR), a leading European investment company for blockchain- and crypto-related businesses, founded by Christian Angermayer and Mike Novogratz, announced it has purchased an additional $49 million worth of Block.one shares in a private transaction.

Block.one and many prominent investors recently unveiled a new subsidiary, Bullish Global, which raised $10B in funding. Bullish Global is focused on the 2021 planned release of Bullish, a new blockchain-based cryptocurrency exchange. Investors in Bullish Global additional to Block.One include Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and Nomura. By purchasing additional Block.one shares, Cryptology increases its indirect exposure to Bullish.

Cryptology already is one of the largest institutional investors in Block.one, now holding approx. 4.9% of the crypto behemoth. As Block.one is a privately held company, one of the only means for public market investors to gain exposure to it is indirectly through holding the publicly traded shares of Cryptology.

Cryptology founding investor, Christian Angermayer, said “Block.one is one of the most powerful, driving forces of the crypto revolution and its CEO, Brendan Blumer, is one of crypto’s leading visionaries. The caliber of investors Brendan has been able to bring together for Bullish Global is astounding and a testament to his gravitas. I am Bullish on the future of Block.one.”

Cryptology CEO, Patrick Lowry, added “Conviction is a superpower for investors and we at Cryptology are elated to be tripling down on Brendan’s vision for Block.one with this most recent investment. I look forward to the launch of Bullish and the continued drive towards mainstream and institutional adoption of crypto assets.”

Cryptology shares currently trade on several German exchanges including Börse Düsseldorf, Gettex and Tradegate. In order to increase trading liquidity and open up to new shareholder groups, Cryptology is currently exploring an international listing. The ticker symbol for Cryptology was recently changed from 4UD to CAP.

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

About Cryptology Asset Group p.l.c.

Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR) is a leading European investment company for crypto assets and blockchain-related business models. Founded by Christian Angermayer’s family office, Apeiron Investment Group, and crypto-legend Mike Novogratz, Cryptology is the largest publicly traded holding company for blockchain- and crypto-based business models in Europe. Noteworthy portfolio companies include crypto-giant and EOSIO software publisher Block.one, leading HPC provider Northern Data, commission-free online neobroker nextmarkets, and crypto asset management group Iconic Funds.

About Block.one:

Block.one is the creator of EOSIO, a leading open-sourced blockchain software that provides digital creators with the tools to build the high performance blockchain infrastructure of tomorrow. Block.one aims to empower creators and communities through strategic capital allocation and pioneers its own business ventures leveraging EOSIO technology to increase market efficiency, transparency, and participant alignment.

#CryptologyAssetGroup #Block.one

Lao Airlines Flip Flops On Flight Resumption

Charter Flights Grounded under Updated Covid-19 Prevention Measures

Lao Airlines has had a change of course regarding the resumption of flights to certain destinations thanks to strict provincial Covid-19 restrictions.

Prime Day delivered the two biggest days ever for small businesses on Amazon.sg and big savings for Prime members

  • 17,000 small businesses participated in Amazon.sg’s Prime Day this year
  • Top categories that members shopped and saved on included PC, grocery and health & personal care, with best-selling items including SongHe Thai Fragrant Rice, Sukin Botanical Body Wash and Razer Basilisk x Hyperspeed Wireless Gaming Mouse
  • More than 250 million items were purchased by Prime members worldwide

SINGAPORE – Media OutReach – 24 June 2021 – (NASDAQ: AMZN) — Amazon just concluded two days of incredible deals with Prime Day 2021, once again delivering big savings for Prime members. With more than 17,000 small businesses in this year’s Prime Day, the 48-hour shopping event saw strong earnings for small businesses selling on amazon.sg/primeday.

“Prime Day was a great success this year as we helped many small businesses boost their sales online and Prime members enjoyed great cost savings over two days,” said Henry Low, Country Manager, Amazon Singapore. “We’re both excited and heartened to see that more and more Prime members are joining our initiatives to support small businesses and are huge fans of #ShopLocal. A big thank you to everyone in our Singapore teams who played a part in making Prime Day 2021 enjoyable for our shoppers. Together, we look forward to many more of such milestones and to continue growing our support for small businesses while delivering the best shopping convenience and experience to shoppers.”

Prime members shopped and found great deals across nearly the entire catalog of products across small businesses and top brands, with home, PC and electronics being the best-selling categories. This was also the first Prime Day in Singapore with Amazon Fresh store products being made available on Amazon.sg. Amazon Fresh is the new and improved two-hour grocery delivery service that was launched last December, and Kleenex Tissue, Pampers Diapers and Tiger Beer were some of the best-selling products this Prime Day.

Highlights from Amazon’s Prime Day 2021 in Singapore

Small Business Success on Prime Day

In an earlier released study with YouGov, Amazon Singapore found that shoppers across generations in Singapore were keen to support local businesses, and this trend was clearly reflected during Prime Day 2021. This year saw yet another record-breaking sales event for small businesses, with thousands of deals from small businesses, 7,000 of which joined Prime Day for the first time. Highlights include:

Top selling categories for small businesses include:

1. Home

2. PC

3. Electronics

4. Health & Personal Care

5. Kitchen

Top selling products from local small businesses include:

1. 2-in-1 Shiatsu Foot and Back Massager from Snailax

2. Cressent Dale Premium Fitted Sheet Sets from Epitex

3. Adjustable Ergonomic Laptop Stand from Oli & Ode

4. Feeding Bottle and Breast Milk Storage Lid Bundle from Hegen

5. Baby Monitor VAVA 720P from Trekvue

“We’re proud to participate in our very first Prime Day, and it was exciting to see the amazing response to our products during the two days. Thanks to the Fulfillment by Amazon service, we were able to focus on marketing activities and promotions for our products without having to worry about packing and sending over packages on time,” Judy Fan Zhang, Epitex.

“Amazon Singapore put in huge efforts to make Prime Day a big day of sales for small businesses like ours. We were thrilled to see sale numbers for our top-selling Snailax massagers hit above and beyond our targets on the first day alone. The experience has exceeded our expectations and we’re so glad to have collaborated with Amazon Singapore,” Kang Siok Lan, Snailax.

Prime Day’s biggest savers and sellers in Singapore

Prime members were given the chance to save big in both the lead-up to Prime Day and during Prime Day with over 2 million deals. Members shopped across Amazon’s wide catalog of products including toys, electronics, beauty, kitchen, home, baby products and more. Some of the top trending products and best-selling deals shopped during Prime Day include:

On Amazon.sg:

Top 5 categories Prime members shopped and saved on:

1. PC

2. Grocery

3. Health & Personal Care

4. Electronics

5. Toys

Top selling products on Prime Day:

1. Thai Fragrant Rice (5kg) from SongHe

2. Botanical Body Wash (1L) from Sukin

3. Basilisk X Hyperspeed Wireless Gaming Mouse from Razer

4. Red Label Cabernet Merlot from Wolf Blass

5. Body Fat Scale, Smart BMI Scale (Black) from RENPHO

On Amazon Fresh:

1. Ultra Soft Bath Tissue (Pack of 20) from Kleenex

2. Premium Care Pants Diapers (XL, pack of 36) from Pampers

3. Lager Beer Can Carton (320ml, pack of 24) from Tiger

4. Elite Active 75t Earbuds (Amazon Edition) from Jabra

5. Genius 9000 Electric Toothbrush (Black) from Oral-B

Fun Facts from Prime Day

  • Customers purchased an amazing amount of SongHe rice, our top-selling product during Prime Day, enough to create a straight line from Singapore to Tokyo.
  • The volume of beer, wine and spirits purchased during Prime Day can fill more than an Olympic sized pool.
  • The biggest purchase made during Prime Day in terms of value was the ROG STRIX GeForce RTX 2080TI Gaming Graphics Card from ASUS at over S$2,000.


Prime Day Show

This year’s Prime Day also included a three-part immersive musical event presented by Amazon Music, featuring multi-award winning and groundbreaking artists Billie Eilish, H.E.R., and Kid Cudi. All three episodes premiered globally on Prime Video from June 17 and will continue to be available for streaming for a month.

Every Day Made Better with Amazon Prime

Amazon Prime was designed to make your life better every single day. Over 150 million paid members around the world enjoy the many benefits of Prime, including the best of shopping and entertainment. In Singapore, Prime membership includes unlimited access to award-winning movies and TV episodes with Prime Video, unlimited access to video game benefits with Prime Gaming, Prime Day, and more. Prime was built on the foundation of unlimited fast, free shipping. Prime members enjoy access to tens of thousands of items available for free two-hour delivery on Amazon Fresh on orders over S$60, as well as free one-day delivery on domestic Prime eligible selection on Amazon.sg. Members also enjoy access to millions of products on Amazon International Store with free international delivery on eligible orders over S$60. Prime is S$2.99 per month. Start a 30-day free trial of Prime at amazon.sg/prime.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit Amazon.sg.


SOCIAL HANDLES:

Instagram: @Amazon.SG

Facebook: @Amazon.sg

Twitter: @AmazonSG

#Amazon #AmazonSG

Laos Confirms Four New Cases of Covid-19

Covid-19 update

Laos has confirmed four new cases of Covid-19, bringing the total number of cases to 2,080.