Investment aims to strengthen engineering capabilities and drive specialised logistics solutions, for semiconductor, aerospace and advanced manufacturing sectors in Southeast Asia

SINGAPORE, April 24, 2025 /PRNewswire/ — M3 SG Pte Ltd (“M3 SG”), the holding company of Sin Chew Woodpaq Pte Ltd (“Sin Chew Woodpaq”), a leading specialised logistics provider in Singapore, has signed and secured a strategic investment from Heliconia Capital Management (“Heliconia”) to accelerate regional expansion and innovation in specialised logistics solutions.

This partnership enhances Sin Chew Woodpaq’s capabilities in engineering and precision handling to meet the rising demand for specialised logistics in high-tech industries such as semiconductors, aerospace, and advanced manufacturing—sectors that require highly customised logistics and packaging solutions to protect sensitive, high-value equipment.

Oliver Wong, Chief Investment Officer of Heliconia Capital Management, expressing confidence in Sin Chew Woodpaq’s growth potential said, “Sin Chew Woodpaq has built a strong reputation in specialised logistics in Singapore. Their commitment to regional growth, innovation and sustainability aligns with our vision of supporting promising enterprises to scale up and become champions in Southeast Asia.”

With over 50 years of expertise, Sin Chew Woodpaq is a trusted provider of integrated packaging and logistics solutions for high-value industrial sectors. The company employs over 260 people across Singapore and Malaysia, delivering end-to-end services—from engineering design and high-purity protective packaging to contamination-controlled transport, storage, and material treatment.

Calvin Goh, Chief Executive Officer of Sin Chew Woodpaq and M3 SG, said, “Our focus has always been on staying ahead of the evolving and growing needs of high-tech industries. With Heliconia’s strategic support, we now have the valuable opportunity to scale our efforts inorganically and organically, and further strengthen our engineering and precision handling logistics capabilities to meet the regional market demands. Importantly, this partnership goes beyond investment—it’s a shared vision. Together, we aim to advance Singapore’s logistics landscape and deliver world-class solutions to support the continued growth and success of high-tech industries in the region.”

Positioned for Regional Growth through Acquisitions

Beyond its current operations in Singapore and Johor Bahru, Malaysia, Sin Chew Woodpaq plans to expand into major port locations across Malaysia and Thailand—markets with fast-growing semiconductor sectors projected to reach US$18.54 billion in 2025 and US$11.51 billion in revenue respectively by 2025.

To complement its regional expansion, the company, via M3 SG, will explore strategic acquisitions in other specialised logistic companies. It will also explore companies in adjacent fields such as specialised packaging, and equipment commissioning and testing.

Building Talent & Innovating Engineering Solutions for Logistics
To support its growth and innovation roadmap, Sin Chew Woodpaq aims to double its workforce over the next five years, with a focus on developing industry-ready talent through proprietary training. The company will also bolster its in-house R&D team to enhance engineering protections for critical cargo—designing packaging systems with superior durability, cushioning, and contamination control to reduce risks and avoid costly delays.

By 2026, the company targets to expand its physical presence in Singapore with a new 300,000 sq ft production facility featuring an Advanced Manufacturing Consolidation & Logistics Hub, complete with temperature and humidity-controlled environments for semiconductor equipment integration during both pre-shipment and post-shipment staging. This will help customers maximise turnaround, minimise downtime, and optimise their supply chains by ensuring their critical equipment is properly staged, tested, and protected before deployment.

“Our upcoming facility will serve as a central hub for integrating future acquisitions, enabling us to tap into a larger market while driving operational efficiency and achieving economies of scale. With Heliconia’s extensive network and strategic insights, we are well poised to expand our reach and strengthen our presence in the specialised logistics industry,” Goh added.

Sin Chew Woodpaq was recognised as one of Singapore’s fastest-growing companies 2025 by The Straits Times, and was also named a winner of the prestigious Singapore E50 Award in 2024 for its exceptional growth trajectory and resilience in the logistics industry.

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About M3 SG

M3 SG Pte Ltd is a Singapore-based group of specialised logistics companies delivering customised solutions for high-value industrial assets. With deep expertise and a track record in precision handling and protection of mission-critical machinery, we collectively provide reliable and cost-effective solutions for the semiconductor, advanced manufacturing, aerospace, and construction and infrastructure sectors.

Our current portfolio includes Sin Chew Woodpaq Pte Ltd and its affiliated companies. Backed by Heliconia Capital (a subsidiary of Temasek Holdings), and leveraging Singapore’s world-class logistics infrastructure and connectivity, we aim to scale across the region through strategic partnerships and future-ready innovations to transform the logistics landscape.

About Sin Chew Woodpaq

Founded in 1972, Sin Chew Woodpaq has evolved from a wooden case manufacturer into Singapore’s leading specialist in engineered crating, precision packing, and integrated logistics solutions. With a proven track record in safeguarding mission-critical equipment for industries such as semiconductors, aerospace, advanced manufacturing, and construction and infrastructure sectors, we ensure seamless, end-to-end crating, packing, moving, lifting, and air-ride transport operations.

At Sin Chew Woodpaq, we don’t just move goods — we move time. Our expertise in on-time, just-in-time deliveries helps businesses minimise downtime, optimise production, and accelerate go-to-market strategies. With 85% of our customers staying with us for over 15 years, we are recognised for our precision, reliability, and safety-first approach.

As a trusted partner to over 550 multinational and Fortune 500 companies, we continue to push the boundaries of specialized logistics, ensuring that businesses operate without disruption. ISO 45001 & 9001-certified and BizSafe Star accredited, we uphold the highest safety and quality standards, making us the preferred choice for companies that demand excellence, security, and efficiency in their supply chain.

For more information, please visit www.sin-chew.com.sg.

About Heliconia Capital Management

Heliconia Capital Management Pte. Ltd. (“Heliconia”) is an investment firm focused on investing in promising SMEs in Singapore and in Southeast Asia, helping them to become regional or global champions. Heliconia is an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited.

NEW YORK, April 24, 2025 /PRNewswire/ — Ambient IoT’ describes a new class of connected devices that can harvest energy from virtually any available source in the device’s surrounding environment. In recent years, an ecosystem of energy-harvesting component manufacturers has emerged, driving the growth of ambient-powered Internet of Things (IoT) devices. ABI Research, a global technology intelligence firm, forecasts that Ambient IoT device shipments will reach 1.1 billion units in 2030.

“Innovation has been led by the designers of power generators, focusing on optimizing techniques to convert ambient energy into usable energy. And by the designers of Power Management Integrated Circuits (PMICs), working to develop chips that can store harvested energy on the device in the most efficient way possible,” explains Jonathan Budd, Industry Analyst at ABI Research. “The specialized ecosystems for solar cells and solar modules, piezoelectric harvesters, thermoelectric generators (TEGs), and Radio Frequency (RF) harvesters are enabling energy conversion from low light sources, low temperature gradients, as well as power-at-a-distance via radio signals.”

The power generator designs of Wiliot, Exeger, Energous, Epishine, Powercast, EnOcean, and Ossia, as well as those for PMICs from e-peas and Nexperia, are unlocking new applications across the IoT landscape for the use of reliable battery-free systems, as well as hybrid models for the combination of battery power and energy harvesting. In 2030, ABI Research projects photovoltaic (PV) harvesting to be the most common method of powering Ambient IoT devices, accounting for 57% of device shipments, followed by RF harvesting with 36%, while piezoelectric and thermoelectric harvesting are expected to power 4% and 3% of Ambient IoT devices, respectively.

Since 2014, a niche ecosystem of startup PMIC vendors has focused exclusively on energy harvesting for Ambient IoT. The trend is towards enabling ‘energy-agnostic’ power management, where PMICs can manage energy captured from any harvested input, whether that be PV, RF, piezoelectric, or thermoelectric harvesting. OEMs can select which inputs are needed based on the nature of the ambient energy inputs in proximity to the device.

“For customers managing large networks of battery-powered IoT devices, where batteries need to be frequently replaced, the potential for long-term autonomous operation is enticing. It is up to generator and PMIC suppliers, connectivity standards bodies, as well as the newly formed Ambient IoT Alliance, to demonstrate the total costs of ownership (TCOs) savings that can be achieved through investment in harvesting equipment,” Budd concludes.

These findings are from ABI Research’s Energy Harvesting for the IoT: Vendor Landscape and Technology Development report. This report is part of the company’s IoT Hardware research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info: 

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

SYDNEY, April 24, 2025 /PRNewswire/ — Integrated Research (IR) (ASX:IRI), the world’s most trusted independent provider of observability for business-critical IT ecosystems, today announced that a top 10 global bank has deployed IR’s High Value Payments solution to enable real-time visibility and control across its high value payments environment.

This deployment marks a significant milestone in IR’s growing role in supporting global financial institutions to reduce risk, meet rising regulatory demands, and modernize complex payments systems.

The bank turned to IR to strengthen end-to-end oversight of the hundreds of thousands of high value transactions it processes daily across payment systems including Fedwire, SWIFT and CHIPS. By monitoring payment queues, system performance, and transaction flows in real time, the institution can proactively anticipate issues, minimize delays, and strengthen compliance and liquidity risk management.

“Efficiently processing high value payments is critical to the success of the global financial system – when those transactions are delayed or non-compliant, the consequences are serious,” said Ian Lowe, CEO at IR. “As a top 10 global bank, this client needed more than just monitoring. They needed real-time, actionable insight from origination to settlement across every major clearing network to mitigate risk, stay compliant, and protect their operations. That’s what they get with IR.”

IR will be attending the Nacha Smarter Faster Payments conference in New Orleans from April 27 – 30. Visit booth 1054 for a demo of the High Value Payments solution and discover how IR supports mission-critical payments environments for financial leaders worldwide. Or visit ir.com to find out more.

About Integrated Research (IR)

Integrated Research (IR) is the world’s most trusted independent provider of observability solutions for critical IT infrastructure, payments and communications ecosystems.

IR’s Prognosis platform provides the visibility and insight organizations need to optimize performance of their business-critical technology, deliver exceptional user experiences and drive growth through innovation.

Discover better with IR.

Asia’s Premier Multi-Game Championship Unites Nine Esports Titles Across Three Iconic Shanghai Venues This May

SHANGHAI, April 24, 2025 /PRNewswire/ — The HERO ESPORTS Asian Champions League (ACL), Asia’s most prestigious multi-title esports tournament organized by Hero Esports, an industry leader and the largest esports company in Asia, has announced its championship venues for the ACL Grand Finals 2025 taking place May 16-18 in Shanghai. The landmark event will transform three of the city’s most iconic venues into battlegrounds for nine premier esports titles, cementing Shanghai’s status as the global esports capital.

The tournament is expected to attract 80,000+ live attendees across three venues, with global broadcasts reaching millions via Twitch, YouTube, and TikTok. Participating teams will be competing for a total prize pool of $2 million. Selected ACL winners will earn direct entry to the Esports World Cup in Riyadh, Saudi Arabia—the largest esports event in history due to take place from July to August.

Venue and Event Lineup

1. SPD Bank Oriental Sports Center (Esports Coliseum)
   – ACL Grand Finals 2025 X CS2
   – ACL Grand Finals 2025 X HOK
   – ACL Grand Finals 2025 X League of Legends Legend Cup S3
2. JING’AN SPORTS CENTER (Tactical Esports Arena)
   – ACL Grand Finals 2025 X Valorant Champions Tour
   – ACL Grand Finals 2025 X CrossFire
3. National Exhibition and Convention Center (Global Gaming Festival Hub)
   – ACL Grand Finals 2025 X DOTA2
   – ACL Grand Finals 2025 X Street Fighter 6
   – ACL Grand Finals 2025 X Teamfight Tactics
   – ACL Grand Finals 2025 X Delta Force

Event Highlights
DreamHack’s China Debut: The world’s largest gaming festival joins forces with ACL, delivering an unprecedented fusion of esports, music (electronic/rap), and interactive gaming culture experiences.
Path to Glory: Top performers will secure direct qualification to the 2025 Esports World Cup (EWC) in Riyadh – esports’ richest tournament with historic prize pools.
Asia’s Defining Moment: Over 80,000+ live attendees expected across three venues, with global broadcasts reaching millions via Twitch, YouTube, and TikTok.

Executive Insights

“Shanghai’s selection as our host city reflects its unmatched esports infrastructure and passionate community,” said Jonny Wang, ACL CEO. “By combining elite competition with DreamHack’s festival energy, we’re creating a new blueprint for global esports events.”

“This is Hero Esports’ most ambitious project to date,” added Danny Tang, Co-Founder & CEO of Hero Esports. “The ACL bridges Asian talents with the world stage while delivering unforgettable fan experiences through cutting-edge production.”

About the HERO ESPORTS Asian Champions League

The HERO ESPORTS Asian Champions League (ACL) is currently the premier and largest international multi-title esports event in Asia. Hosted by leading esports company Hero Esports, the tournament boasts a total prize pool of $2 million. This year, the inaugural ACL features nine premier esports titles, including Counter-Strike 2, Dota 2, Honor of Kings, Street Fighter 6, League of Legends Legend Cup S3, Teamfight Tactics, VALORANT Champions Tour, Delta Force and CrossFire.

The ACL Grand Finals 2025 (May 16–18, Shanghai) will partner with DreamHack, uniting elite players, gaming tech, and fans. Selected ACL winners will earn direct entry to the Esports World Cup in Riyadh, Saudi Arabia—the largest esports event in history.

For more info, please check ACL official website: https://esportsacl.com/home

About Hero Esports

Founded in 2016, Hero Esports is the biggest esports company in Asia, producing more than 7,000 matches every year that captivate an online fan base of over 800 million. With a global presence encompassing 12 office locations and eight top-tier esports arenas, Hero Esports offers a comprehensive suite of esports services, including tournament organization, marketing solutions, community development, and more. As a private company, Hero Esports counts Savvy Games Group and Tencent, among others, as investors, with Kuaishou and Huya as strategic partners.

Headquartered in Shanghai and employing more than 1,100 employees, Hero Esports is a fully integrated operator of esports tournaments and creator of esports content with global reach. The company has helped produce many prestigious tournaments including the Olympic Esports Week, the Esports World Cup as well as the esports series featured at both the Jakarta Asian Games 2018 and the Hangzhou Asian Games 2023. Hero Esports also worked with the world’s top-tier game publishers such as Tencent and Krafton in organizing popular esports leagues such as the Honor of Kings’ KPL series and PUBG’s PGC series, among many others. In 2024, Hero Esports launched Esports Asian Champions League (ACL), Asia’s premier international, multi-title esports tournament. Hero Esports is a member of the Esports Integrity Commission (ESIC).
www.heroesports.com 

Forward Enterprise delivers the most comprehensive, always-accurate network inventory available—empowering teams to manage, secure, and simplify modern enterprise networks

SANTA CLARA, Calif., April 24, 2025 /PRNewswire/ — Forward Networks, the leader in network digital twin technology, today announced significant enhancements to its Forward Enterprise platform: the addition of endpoint discovery and collection capabilities. These advancements enable security and operations teams to meet growing compliance demands, reduce reliance on disconnected tools, and gain unified visibility into all network-connected devices by delivering a comprehensive, always-accurate network inventory.

As the number and diversity of network endpoints—such as laptops, IoT devices, printers, and controllers—continue to grow, traditional endpoint collection tools fall short. Legacy tools operate in silos, provide incomplete data, and require extensive manual effort to master and maintain. The result is tool sprawl, wasted time, excessive cost, and increased risk. Forward Networks addresses this challenge by integrating endpoint discovery, collection, and analysis into its network digital twin, creating an always-accurate representation of every connected device and its behavior across the enterprise network.

“We continue to extend the data analysis and visibility of Forward Enterprise to help our customers keep their networks and interconnected devices agile, predictable, and secure,” said Chiara Regale, SVP of Product and UX at Forward Networks. “With these enhancements, teams can improve operational efficiency, meet compliance requirements more easily, and reduce dependence on single-purpose legacy tools —enabling them to do more without adding headcount.”

Forward Enterprise is known for its unmatched ability to deliver an always-accurate inventory of network devices, including their configurations and state. This data enables NetOps and SecOps teams to fully understand network behavior, ensure compliance, prevent outages, and reduce risk. Historically, this capability focused on L2–L7 packet-pushing devices. With this announcement, Forward Networks has expanded its platform to include endpoints such as IoT devices, controllers, and end-user systems—effectively anything connected to the network with a controller, thus delivering the industry’s most comprehensive single-source-of-truth for network data.

The updated endpoint collection feature leverages Forward Networks’ powerful Network Query Engine (NQE) to provide:

• Automated discovery of all connected endpoints, regardless of type or location
• Rich contextual analysis of device connectivity and exposure
• Real-time reconciliation across data sources such as DNS, IPAM, host scanners, and CMDBs
• Proactive alerts for inventory discrepancies or security-relevant changes
• Built-in compliance checks and audit-ready documentation

These capabilities are fully integrated into the Forward Enterprise platform, allowing customers to replace fragmented legacy tools with a single, unified solution. By consolidating endpoint, network, and security data into one platform, organizations can dramatically reduce complexity, improve accuracy, avoid outages, and accelerate their response to risk. Learn more about the feature here.

Forward Enterprise is the only true network digital twin, delivering a mathematically accurate model of the entire network—including on-prem, cloud, and hybrid environments. Supporting 30+ vendors and 900+ OS versions, it offers unmatched visibility and compliance insights. Its unique, read-only data collection discovers unknown devices and integrates with CMP for a complete, risk-free view. Scalable to 50,000+ devices per instance, it eliminates silos and delivers $14.2M in average annual benefits through improved efficiency and security.

Visit us at RSA Conference San Francisco, April 28 – May 1, 2025

Forward Networks is a Bronze Sponsor at RSA Conference 2025, visit us at booth S-1055. If you’d like to see the platform in action but don’t want to wait in line, please pre-book a demo.

About Forward Networks
Forward Networks is revolutionizing the way large networks are managed. Forward’s advanced software delivers a digital twin of the network, enabling network operators to ensure the network is secure, reliable, and agile. The platform supports devices from all major networking vendors and cloud operators, including AWS, Azure, and Google Cloud Platform. Forward Networks was founded in 2013 by four Stanford Ph.D. graduates and is headquartered in Santa Clara, California. Investors include MSD Partners, Goldman Sachs, Andreessen Horowitz, Threshold Ventures, Section 32, Omega Venture Partners, and A. Capital. For more information, visit www.forwardnetworks.com.

Forward Networks Contacts:
Dustin Rausa, Guyer Group
dustin.rausa@guyergroup.com

Dawn Slusher, Forward Networks
dawnslusher@forwardnetworks.com