Over 40% of respondents expect stable home prices in the coming year and are cautious about purchasing a property

HONG KONG SAR – Media OutReach – 7 February 2022 – Citi Hong Kong conducted a survey in December 2021 on residential property ownership in Q4 2021. According to the survey results:

• 36% of the respondents expected property prices to rise in the coming year, a slightly lower percentage compared with the previous quarter, but higher than the level recorded in the same period in 2020. 42% of respondents expected property prices to be stable in the coming year.
• 5% of the respondents believed that it was a good time to buy a property, a slightly higher percentage compared with the previous quarter.
• 12% of the respondents expressed interest in property ownership, a slightly lower percentage compared with the previous quarter. According to the survey results, more than 370,000 people toured properties in November or December last year. However, more than 60% of respondents said that they are not interested in property ownership at present, representing the highest proportion in the past five years.
• The Fourth Quarter 2021 Citi Residential Property Ownership Survey found that most respondents expected a steady development of property prices in the coming year, and, while the proportion of respondents who consider it is a good time to purchase a home has slightly increased, a number of respondents are not interested in property ownership at the moment.

42% of respondents expect property prices to remain flat in the coming year, and a slightly higher percentage of respondents consider it is a good time to purchase a home

The proportion of respondents who expressed optimism about property prices in Q4 2021 dropped slightly, with 36% of the respondents expecting property prices to rise in the coming year, and 42% anticipating stable property prices. For the whole year of 2021, an average of 40% of respondents expected an upward trend in property prices, a higher percentage than the average of 23% recorded in the previous year. In addition, in Q4 2021, 5% of the respondents considered it to be a good time to buy a property, representing a slight increase compared with the previous quarter. On the other hand, 12% of respondents expressed interest in buying a home, a slight drop compared with the previous quarter. According to the survey results, about 372,000 people toured properties in November or December last year. Overall speaking, respondents expected the property market to develop steadily. Although there is a slight increase in respondents considered it to be a good time to buy a property, there are also more respondents not showing interest in property ownership at the moment. Respondents were holding a wait-and-see attitude towards home ownership.

The Residential Property Ownership Survey was conducted in December last year. Although the local pandemic situation was relatively mild at that time, considering that the residential property price in Hong Kong peaked in August last year, followed by a moderate adjustment by 3% until the end of the year, it was reasonable that the proportion of respondents expressing optimism about the property price has dropped. Looking forward to this year, the property market may be subject to more challenging factors. With the expected increase in the supply of public and private housing, the housing shortage of the past years may be reversed, and the expected interest rate hike in the United States will also have a psychological impact on the repayment of mortgage loans by prospective owners. Together with the lowering of the rate of rental return, the demand for residential investment may decline accordingly. Factors such as supply and demand for property, costs of repayment of mortgage loans and investment income may affect the perceptions of the respondents regarding the overall property market.

“The survey results show that citizens were cautious about the property market in Q4 2021,” said Josephine Lee, Head of Retail Bank at Citi Hong Kong. “More than 40% of the respondents expected property prices to remain flat in the coming year. Although a slightly higher percentage of respondents consider it to be a good time to buy a property, over 60% of respondents are not interested in buying a property at the moment, showing a wait-and-see attitude towards home ownership. We recommend that citizens should assess their personal financial condition comprehensively when considering buying a property and seek an appropriate mortgage plan to execute their home ownership plan. They should also start reviewing their asset allocation as soon as possible, adjusting their investment portfolio in different market situations to accumulate wealth. This can help to empower them to realise their aspirations in home buying sooner.” 

Citibank commissioned the University of Hong Kong Social Sciences Research Centre to conduct the survey, interviewing a random sample of more than 500 Hong Kong respondents by phone in December 2021. Since 2010, Citibank has been conducting surveys of the Hong Kong housing market to assess the current state of home ownership in the SAR, gauge public intentions towards home ownership, and track public expectations of future housing price trends.

Source: Citibank Q4 2021 Residential Property Ownership Survey

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

#Citi

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

Defenders urged to rapidly patch vulnerability in popular open-source software

HONG KONG SAR – Media OutReach – 7 February 2022 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today confirmed its commitment to making the digital world safer by revealing the instrumental role its Zero Day Initiative (ZDI)* played in finding and reporting a critical vulnerability in the file sharing protocol Samba.

To find out more about the Samba flaw and how to mitigate its impact, please visit our blog here and technical support alert here.

“This latest vulnerability disclosure comes on the heels of the recent Log4j vulnerability and highlights the challenges many global security teams have in mitigating risk across a multitude of applications and open source software,” said Jon Clay, vice president of threat intelligence at Trend Micro. “The good news is this was found during our Pwn2Own event, which means we had an opportunity to work with the developers to responsibly patch and disclose the vulnerabilities. So far, we have not heard of any in-the-wild attacks occurring.”

Trend Micro’s Pwn2Own events run regularly around the world, challenging contestants to find new vulnerabilities and exploits in widely used software and systems. They are part of a company-wide effort to enhance cybersecurity for customers and the entire online community through the ZDI and Trend Micro’s own global threat intelligence team of thousands of researchers.

These efforts are increasingly important as organizations continue to digitally transform, expanding their attack surface and reliance on software – particularly open source components.

The vulnerability in question, CVE-2021-44142, was given a CVSS score of 9.9, illustrating its potentially critical impact on affected organizations. If exploited, the out-of-bounds heap read write bug could allow remote attackers to execute arbitrary code as root.

While no exploits of this vulnerability have been seen in the wild, the window in which affected organizations must patch critical new vulnerabilities before threat actors start exploiting them is increasingly short.

Trend Micro therefore calls on all organizations to patch CVE-2021-44142 or update to the latest Samba version as a matter of urgency.

* The vulnerability was originally disclosed at Pwn2Own Austin 2021 by Nguyen Hoang Thach and Billy Jheng Bing-Jhong of STAR Labs. Lucas Leong of Trend Micro’s ZDI discovered additional variants which were disclosed to Samba as part of this fix. The original issue was also independently found by Orange Tsai of DEVCORE. The ZDI is the world’s largest vendor-agnostic bug bounty program. Since 2005, it has been making software safer by incentivizing researchers to find and responsibly disclose vulnerabilities to vendors.

About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk

#TrendMicro

SINGAPORE – Media OutReach – 7 February 2022 – Alcon, the global leader in eye care dedicated to helping people see brilliantly, today announced it has appointed Chintan Desai and Stephanie Waugh to lead the company’s Surgical and Vision Care franchises in Asia Pacific (APAC) region.

These new appointments reflect Alcon’s commitment to market-leading innovation and growth in the region. Both executives will build on Alcon’s product pipeline, year-to-date performance, and strengthen innovation and commercial execution, driving Surgical and Vision Care sales growth in all categories.

• Chintan Desai has joined Alcon as Vice President, Surgical for Asia Pacific. He succeeds Sunil Vasant, who has been appointed Vice President, Commercial Operations and Strategy, Alcon International.

• Stephanie Waugh, previously Vice President and Global Head of Ocular Health, has been appointed Vice President, Vision Care for Asia Pacific. She succeeds Gustavo Zac, who has been appointed Vice President, U.S. Vision Care Marketing.

In his new role, Desai will harness his extensive healthcare and medical device industry experience in Asia Pacific and the United States and his competence in sales, services, finance, supply chain and project management to solidify Alcon’s industry-leading surgical eye care market leadership. He joins Alcon’s Surgical International Leadership team and reports to Roger Lopez, President, International, Surgical Franchise.

In her past roles, Waugh has played a pivotal role in new product innovation and portfolio strategy for Alcon’s leading eye care brands, including Systane^®, Pataday^®, OPTI-FREE^® and AOSEPT^®. She will continue to spearhead the expansion of Alcon’s contact lens and ocular health portfolio in the region and joins Alcon’s Vision Care International Leadership team. She reports to Sophie Dutilloy, President, International, Vision Care Franchise.

Rajkumar Narayanan, President, International, said, “Chintan’s regional leadership experience and Stephanie’s deep understanding of our business puts us in good stead to continue our growth in the APAC region. We aim to strengthen our leadership in surgical and vision care by growing our intraocular implants and next-generation surgical instruments for cataract and expanding our contact lens offering and eye drop portfolio. With their combined experience and passion for customers, I know that they will make an immediate impact and lead our business to address the growing regional needs for improved vision by helping people see brilliantly.”

Desai joins Alcon following 23 years at GE Healthcare, most recently as Chief Executive Officer for Southeast Asia. He was integral in leading the commercial team to deliver consistent double-digit growth and established a strong leadership structure to enable sustainable, long-term growth.  Under his leadership, GE Healthcare grew its footprint in both public and private sectors in categories such as diagnostic imaging, ultrasound, anaesthesia and monitoring solutions, becoming Southeast Asia’s largest company in its category.

Desai spent the first decade of his career with GE Healthcare in the United States at the GE Healthcare Global HQ. After moving to Asia Pacific in 2008, he held progressive commercial, finance and operational leadership roles for GE Healthcare Asia Pacific, based in Sydney and Singapore.

“Estimates show that more than a billion people across the region will be living with vision loss by 2050,¹ and with an aging population as well as the increasing incidence of myopia, improving access to high-quality ophthalmic care is a key priority for all APAC countries,” said Desai. “Our innovations, such as Vivity™ and PanOptix^® intraocular lenses, and our education initiatives, such as the Phaco Development Program, continue to empower and enable ophthalmic surgeons in APAC with world-class vision care offerings. I’m thrilled to join Alcon and to work alongside our teams, partners and customers to help people see brilliantly so that they can live brilliantly.”

Waugh joined Alcon in 2018 after four years at Novartis Pharmaceuticals. She was most recently Global Head, External Eye Disease, and oversaw brand and portfolio strategy, integration, new product launches, and commercial strategy for business development and licensing with deals valued at $1.5 billion.

Prior to Novartis, Waugh spent nine years at Procter & Gamble in brand management, innovation strategy and business development for brands like Vicks, Pepto-Bismol, Pantene, Olay and Gillette, as well as prescription pharmaceuticals in gastroenterology and women’s health.

“My career at Alcon has been an exhilarating journey, taking me from Texas to around the world and now to Singapore. It is a great pleasure to be given the opportunity to lead in such a dynamic and vibrant region,” said Waugh. “I will be working closely with our team, customers and partners to launch and grow our robust pipeline of innovative products in contact lenses, contact lens care, dry eyes and allergy drops, and to raise the bar for the vision care industry.”

References

1.      IAPB Vision Atlas All GBD Region Snapshots. https://www.iapb.org/wp-content/uploads/2021/02/Vision-Atlas_All-GBD-Region-Snapshots_24022021.pdf, accessed 16 Dec 2021.

Forward-looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “commitment,” “look forward,” “maintain,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties and risks that are difficult to predict. Some of these factors are discussed in our filings with the United States Securities and Exchange Commission, including our Form 20-F. Should one or more of these uncertainties or risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated. Therefore, you should not rely on any of these forward-looking statements.

Forward-looking statements in this press release speak only as of the date they are made, and we assume no obligation to update forward-looking statements as a result of new information, future events or otherwise.

About Alcon

Alcon helps people see brilliantly. As the global leader in eye care with a heritage spanning more than seven decades, we offer the broadest portfolio of products to enhance sight and improve people’s lives. Our Surgical and Vision Care products touch the lives of more than 260 million people in over 140 countries each year living with conditions like cataracts, glaucoma, retinal diseases and refractive errors. Our more than 23,000 associates are enhancing the quality of life through innovative products, partnerships with eye care professionals and programs that advance access to quality eye care. Learn more at www.alcon.com.

Connect with us on

Facebook: https://www.facebook.com/AlconEyeCare/

LinkedIn: https://www.linkedin.com/company/alcon/

#Alcon

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

A virtual week discussing how organisations can optimise their ESG performance.

HONG KONG SAR – Media OutReach – 7 February 2022 – Online and in-person, February 14th-17th 2022 – Policymakers, businesses and thought leaders from major corporations will congregate online and at exclusive in-person sessions at Economist Impact’s Sustainability Week Asia from February 14th to 17th 2022.

Asia is experiencing a surprisingly strong economic rebound following the global pandemic but the risk of new outbreaks, combined with production bottlenecks and weakened institutions, remains. Asia-Pacific’s experience in dealing with disruptions and shocks shows that focusing on economic growth alone could increase exposure to rising inequality and environmental damage.

Economist Impact’s virtual event provides a high-level meeting place for more than 2,000 policymakers, businesses and thought leaders to discuss how organisations can effectively translate goals into business strategy and policy innovation, to create a sustainable future.

Chaired by The Economist Group’s editors, Sustainability Week Asia features senior expert speakers including:

• Angus Taylor, Minister for Industry, Energy and Emissions Reduction, Australia
• Airlangga Hartarto, Co-ordinating Minister for Economic Affairs, Indonesia
• Juti Krairiksh, Minister of Social Development and Human Security, Thailand
• Amina J. Mohammed, deputy secretary-general, United Nations
• Armida Salsiah Alisjahbana, executive secretary, UNESCAP
• Ken O’Flaherty, regional ambassador for Asia-Pacific and South Asia, COP26
• Christophe Bahuet, deputy regional director for Asia and the Pacific, United Nations Development Programme (UNDP)
• Satvinder Singh, deputy secretary-general for ASEAN Economic Community, ASEAN Secretariat
• Rebecca Fatima Sta Maria, executive director, APEC Secretariat
• Allinnettes Adigue, head, ASEAN regional hub, Global Reporting Initiative
• Noppadol Dej-Udom, chief sustainability officer, Charoen Pokphand Group
• Amita Chaudhury, group head of sustainability, AIA
• Benjamin E. Diokno, governor, Bangko Sentral ng Pilipinas
• Briony Eales, judicial capacity-building team leader, environmental and climate-change law, Asian Development Bank
• Carola Richter, president, Asia-Pacific, BASF
• Claudia Lorenzo, president, ASEAN and South Pacific, Coca-Cola Company
• Darian McBain, chief sustainability officer, Monetary Authority of Singapore
• and many more

View the latest agenda.

Sustainability Week Asia is supported by Avery Dennison, Schroders, Cushman & Wakefield, Golden Agri-Resources, Mitsubishi Heavy Industries, Standard Chartered, Black & Veatch, Fidelity International, Invesco, LIXIL, Sime Darby Plantation, S&P Global, McKinsey & Company and FactSet

Free places to attend Sustainability Week Asia are available now. For online registration and event details, please visit the website: sustainabilityasia.economist.com

To engage with Sustainability Week Asia on social media, use #EconSustainabilityAsia in your conversations and follow @EconomistEvents.

About Economist Impact

Economist Events is now Economist Impact, empowering businesses, governments and foundations to catalyse change and enable progress. Uniting the expertise The Economist Group is known for under a single brand, Economist Impact brings together policy research and insights, data visualisation, custom storytelling, events and media.

Economist Impact combines the rigour of a think tank with the creativity of a media brand, engaging an influential audience in the areas of sustainability, healthcare and new globalisation. View our global events.

About Avery Dennison

Avery Dennison is a global business-to-business company with locations in over 50 countries and employs more than 32,000 people worldwide.

The company’s products include pressure-sensitive materials, radio frequency identification (RFID) inlays and tags, and a variety of tickets, tags, labels and other converted products. Avery Dennison designs and manufactures a wide variety of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital and improve customers’ product performance.

Avery Dennison leads in serving a vast array of global markets worldwide, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals and automotive.

For more information, visit https://tapes.averydennison.com/eu/en/home.html

About Schroders

Schroders is a global active investment manager responsible for US$967.5 billion* of assets for our clients who trust us to deliver sustainable returns.

As a global business with over 5,500 talented staff across 37 locations, we are able to stay close to our clients and understand their needs. We have over 200 years of experience in investment and innovation and remain committed to creating a better future by investing responsibly for our clients.

By combining our commitment to active management and focus on sustainability, our strategic capabilities are designed to deliver positive outcomes for our clients.

For more information, visit www.schroders.com

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm with over 50,000 employees in 60 countries, delivering exceptional value for real estate occupiers and owners. Its facilities and engineering arm, C&W Services, offers integrated facilities management, engineering solutions, energy management strategies, and innovative facilities management technology.

For more information, visit www.cushmanwakefield.com/en/singapore

About Golden Agri-Resources

Golden Agri-Resources is the world’s second-largest palm-based agribusinesses. We manage nearly half a million hectares of palm oil plantations, including smallholder farmers, across Indonesia. Our vertically integrated business works from seeds to shelf, with a refining capacity that allows us to produce specialty fats, oleochemicals and biodiesel to feed and fuel the world.

Sustainability is an essential part of our business and we are guided by our GAR Social and Environmental Policy (GSEP). The GSEP is the roadmap we share with our employees, smallholders, suppliers, and customers as we work together to realise GAR’s vision of a sustainable palm oil industry.

We believe that farming palm oil is an effective way to create jobs and alleviate poverty, and provides opportunities for communities to secure a better livelihood for themselves. As one of the largest plantation companies in Indonesia, operating largely in rural and remote areas, we not only play an active role in the well-being of our employees, but also in the wider communities where we operate.

For more information, visit www.goldenagri.com.sg/

About Mitsubishi Heavy Industries

A leading industrial firm, Mitsubishi Heavy Industries (MHI) Group is finding new, simpler and sustainable ways to power cities, improve infrastructure, innovate manufacturing and connect people and ideas around the globe with ever-increasing speed and efficiency. We channel big thinking into innovative and integrated solutions that move the world forward.

For more information, visit www.mhi.com/

About Standard Chartered

We are a leading international banking group, with a presence in 59 of the world’s most dynamic markets and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

For more stories on accelerating net zero please visit Industries In Transition

Follow Standard Chartered on Twitter, LinkedIn and Facebook

For more information, visit www.sc.com/en/banking/banking-for-companies/industries-in-transition/

About Black & Veatch

Black & Veatch is an employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our management consulting team transforms and guides organizations through the energy transition while also advising financial institutions on transactions that fund the infrastructure that make the transition possible and sustainable. Follow us on bv.com and on social media.

For more information, visit www.bv.com/

About Fidelity International

Fidelity International provides world class investment solutions and retirement expertise to institutions, individuals and their advisors—to help our clients build better futures for themselves and generations to come. As a family and management-owned company, we think generationally and invest for the long term. Helping clients to save for retirement and other long-term investing objectives has been at the core of our business for over 50 years.

We believe that investing in companies with high standards of corporate responsibility can enhance and protect investment returns for our clients. Environmental, social and governance (ESG) issues form an integral part of our investment decision-making process. Our rigorous research approach and the use of our forward-looking proprietary ratings system ensure we gain a deep understanding of ESG issues at a company level before they escalate and potentially threaten the value of our clients’ investments.

As stewards, we play an important role in improving the governance of companies in which we invest. We engage directly with companies to promote good governance and sustainable corporate practices, including having robust climate governance in place. We also aim at driving behavioural change by voting against companies that do not meet our corporate governance requirements, when necessary.

For more information, visit www.fidelityinternational.com/

About Invesco

Invesco is an independent investment management firm managing US$1.610.9 trillion* of assets globally with an on-the-ground presence in more than 20 markets. Invesco offers a multi-style, multi-product approach, allowing our clients to choose what they need and to diversify their investments. This is especially important as we face increasingly complex challenges in our world.

For more information, visit www.invesco.com/apac

About LIXIL

LIXIL (TSE Code 5938) makes pioneering water and housing products that solve everyday, real-life challenges, making better homes a reality for everyone, everywhere. Drawing on our Japanese heritage, we create world-leading technology and innovate to make high quality products that transform homes. But the LIXIL difference is how we do this; through meaningful design, an entrepreneurial spirit, a dedication to improving accessibility for all, and responsible business growth. Our approach comes to life through industry leading brands, including INAX, GROHE, American Standard, and TOSTEM. Approximately 55,000 colleagues operating in more than 150 countries are proud to make products that touch the lives of more than a billion people every day.

For more information, visit www.lixil.com

About Sime Darby Plantation

Sime Darby Plantation is the world’s largest producer of Certified Sustainable Palm Oil (CSPO), with a production of 2.097 million MT (as of 31 December 2020).

As a fully integrated global plantation company, SDP is involved in various activities along the full spectrum of the palm oil value chain, including upstream and downstream operations, Research & Development, renewables as well as agri-business. Its upstream operations are spread across Malaysia, Indonesia, Papua New Guinea and the Solomon Islands. Its downstream business, also known as Sime Darby Oils, spans 14 countries worldwide and involves the trading, manufacturing, as well as the sales and marketing of refined oils and fats products, oleochemicals, palm oil-based biodiesel, nutraceuticals and other palm oil derivatives.

With a workforce of about 83,000 employees and a strong focus on operational excellence, research, innovation and sustainability, Sime Darby Plantation is one of the largest companies on Bursa Malaysia.

For more information, visit https://simedarbyplantation.com/

About S&P Global

S&P Global (NYSE: SPGI) is the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical economic, market and business factors. We’ve been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. Our divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts.

For more information, visit www.spglobal.com/en/

About McKinsey & Company

We help organizations across the private, public, and social sectors create the change that matters most to them.

From the C-suite to the front line, we partner with our clients to transform their organizations, embed technology into everything they do, and build enduring capabilities.

With exceptional people in 65 countries, we combine global expertise and local insight to help you turn your ambitious goals into reality.

For more information, visit www.mckinsey.com/featured-insights/future-of-asia/overview

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 162,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We’re proud to have been recognized with multiple awards for our analytical and data-driven solutions, with the distinction of having been recently added to the S&P 500, and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices.

For more information, visit https://www.factset.com/

#EconomistImpact

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

Popular influencers Wak Doyok and Fizo Omar became the first brand ambassadors of OctaFX in Malaysia. As part of their collaboration with the global broker, the celebrities will participate in joint projects about investments designed for anyone interested in the topic.

KUALA LUMPUR, MALAYSIA – Media OutReach – 7 February 2022 – Pioneer in the Malaysian fashion industry Wak Doyok and popular actor Fizo Omar have officially become brand ambassadors for the global broker OctaFX. They plan to launch several collaborative projects dedicated to investments throughout this year.

Over the collaboration course, the celebrities will share how they managed to make investing a part of their lifestyle and showcase what it’s like to invest in your future. Together with the broker, they will launch several joint projects open to anyone interested in finance.

Fizo Omar believes that it is easy to lose focus on one’s financial well-being in the daily fuss: ‘Being an actor is both exciting and challenging. I live at a fast pace, participate in many projects simultaneously, travel a lot, and try to make enough time for my family. In this bustle, it’s essential to keep preserving and multiplying my hard-earned capital.’

Fizo Omar and Wak Doyok follow two different careers, yet both are interested in investing. They engaged with OctaFX long before becoming its brand ambassadors. Both influencers took part in the OctaFX project ‘Honest Stories of Success’ and, more importantly, remain the broker’s active traders. Fizo Omar started investing with OctaFX two years ago, and Wak Doyok has been a loyal client for five years.

‘I am passionate about my work in fashion, but I also feel more secure when I diversify my sources of income,’ the fashion guru said. ‘Don’t underestimate the significance of investing in the modern world. You can’t make the most of your finances unless you invest. I hope our joint projects with OctaFX will help more people learn to manage their money.’

Most people got to know Wak Doyok and Fizo Omar when they were already established and prosperous. No one knows about the challenges they overcame on their way to success. As part of the collaboration with OctaFX, the influencers will reveal the ups and downs of their journeys to career and investment achievements.

Stay tuned for the collaborative projects’ announcements.

About OctaFX

OctaFX is a global broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience to over 7 million trading accounts worldwide. The broker’s educational and news content is steadily growing with expert articles on finance. OctaFX has won more than 45 awards since its foundation. In 2021, Global Banking and Finance Review marked its achievements with the ‘Best Forex Broker Asia’ award, and World Finance named it the ‘Best ECN Broker’. The company is well-known for its social and charity activities, as well as for educational initiatives.

#OctaFX

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