Home Blog Page 5831

Collective Sale of a Building at Nos. 1, 3, 5 and 7 Po Tuck Street, Sai Ying Pun sold at HK$377,000,000 under the Land (Compulsory Sale for Redevelopment) Ordinance

HONG KONG SAR – Media OutReach – 28 December 2021 – Pursuant to an order for sale made by the Lands Tribunal under the Land (Compulsory Sale for Redevelopment) Ordinance, Cushman & Wakefield Limited (“C&W”) conducted a public auction of Nos. 1, 3, 5 & 7 Po Tuck Street, Sai Ying Pun today.  The Property was successfully sold to Famous Concept Development Limited at HK$377,000,000.

The Property is located at the junction of Po Tuck Street and Hill Road in Sai Ying Pun and was built in 1966.  It constitutes an 8-storey composite building.  The ground floor units of the building are devoted for retail shops and each of the upper floors accommodate residential flats.  The site area is about 3,005 sq.ft.

The Property is currently zoned as “Residential (A)” under Approved Sai Ying Pun & Sheung Wan Outline Zoning Plan No. S/H3/34.

Please click here to download photos.

About Cushman & Wakefield

Cushman & Wakefield is a leading global advisory services firm that delivers exceptional value for real estate occupiers and owners, with approximately 50,000 employees in over 400 offices and 60 countries. In Greater China, a network of 22 offices serves local markets across the region, earning recognition and winning multiple awards for industry-leading performance. The firm had global revenues of US$7.8 billion in 2020 across core services including valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china)

#Cushman&Wakefield

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

The Inaugural VinUniversity Global Case Competition Awards Prizes To Global Teams

HANOI, VIETNAM – Media OutReach – 28 December 2021 – The “VinUniversity Global Case Competition 2021” (VGCC), organized by VinUniversity, has just concluded. Three teams from the United States, Finland, and Vietnam pushed ahead of over a thousand teams from 200 leading universities in 30 countries to score the top three prizes.

The Award Ceremony of VinUniversity Global Case Competition 2021

The theme of the 2021 competition was “VinFast Goes Global”. The case, written by Professor Michael Dixon of Utah State University and developed in consultation with faculty members from Cornell University and VinFast executives, described the complex and highly topical challenges facing VinFast as it enters the US market with its brand new Electric Vehicles. Teams were required to develop strategies, solutions and implementation plans for this expansion, taking into consideration several challenges facing the Electric Vehicle market in general, and VinFast in particular.

Discussing the topic of the competition, Professor Edward McLaughlin – Professor Emeritus at Cornell University, and member of the competition’s judging Panel – commented: “The teams had many creative and outstanding ideas. Unlike other competitions that use hypothetical or past cases, VGCC poses a realistic and current problem facing a business.”.


Over 4,000 students from over 200 universities from 30 countries formed 1,085 teams to participate in the competition. The competition had three stages and teams had to qualify to move to the next round of the competition. Only ten teams were selected in the Final Presentation round of the competition. In addition to submitting a detailed twenty- page plan for addressing the six challenges presented in the case, the teams also presented their key ideas before a panel of judges comprising of VinFast senior executives, and faculty from other top US based universities, and answered many tough questions from the judges.

“We are delighted to establish this global case competition because it provides experiential learning opportunities for students and helps them develop critical thinking and problem solving skills, and brings people together to solve real world problems,” said Professor Rohit Verma, the Provost of VinUniversity.

True to the academic and student-centric mission of the VGCC, VinUniversity organized three informational webinars to help the students prepare for the competition attended by over 1,000 participants. Faculty from VinUniversity, Cornell University, the CEO of VinFast, and case writer provided valuable insights to students about how to make their case analyses compelling and their recommendations defensible. As Professor Dixon advised “This case is an opportunity for students to make persuasive arguments regarding the goodness of their solutions. We are not looking for one right answer. Instead, we are looking for how the students come with their answers, how well they describe it and how well they can defend it.” 


To make the process of evaluation fair and objective, the judges developed comprehensive and multi-dimensional rubrics for each stage of the competition, designed to assess the depth of the research and analysis, the details of the proposed implementation plan and the quality of the team presentation in the final round.

The First Prize went to EVA – made up of 4 members from 4 different universities: DePauw University (USA), Tampere University of Applied Science (Finland), Fulbright University (Vietnam), and Foreign Trade University Ho Chi Minh City (Vietnam). EVA successfully convinced the judges with the team’s strategy to position VinFast as the best option for the “Wait and See” segment – customers who are careful with their finances and make purchasing decisions based on a car’s features and ease of use. This was considered a disruptive approach because traditional EV-makers tend to focus on early adopters of the technology.

The Second Prize went to VinFast WinFast – consisting of 4 students from VinUniversity, with their proposal to market the cars to the extended-Millennials (Gen Y) segment, with ages ranging from 25 to 56. The group’s core proposal centered around Vivi Smart Companion, which supports users in their entire customer journey with their VinFast car, designed to build a life-long, personal connection with the company and their cars. The Third Prize went to 4 students from Juniata College (USA), Villanova University (USA) and British University Vietnam with their “Influencer Marketing” strategy.

The total prize value for the 3 winning teams was approximately 400 million VND, equivalent to 17.000 USD, with the First Prize being worth over 200 million VND (equivalent to 10.000 USD).

The contestants came from the world’s top universities, such as Cambridge University (UK), Oxford Universities (UK), Duke University (USA), Cornell University (USA), National University of Singapore (Singapore), Nanyang Technological University (Singapore), Monash University (Australia), Yonsei University (South Korea), VinUniversity, etc., and the students collectively spent 14,000 hours researching and devising solutions.

Mr. Craig Westbrook – Chief Service Officer from Vinfast US expressed his impression “What a competition, what fantastic contestants you were, truly inspiring, and it’s exactly the kind of thing that I would say companies like VinFast are certainly looking for in our future talents.”


This is the link to VGCC Website: https://vinuni-globalcase.com/

#VinUniversity

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

Bread Garden Unveils Chinese New Year Goodies Collection for CNY 2022

SINGAPORE – Media OutReach – 28 December 2021 – Bread Garden has unveiled its collection of CNY goodies for Chinese New Year 2022, featuring its signature items, all-time favourites as well as innovative creations, for a complete indulgence of both classic tastes and new flavours this festive season.

A well-recognised name among affectionados of CNY festive offerings, Bread Garden has been delighting Singaporeans and fans overseas with its high quality bakery products for nearly 4 decades.

Adhering to the highest confectionary standards and using only the freshest premium ingredients, each piece is lovingly handmade and baked to perfection, for the ultimate sensation in flavourful scent and savoury taste that have since come to define Bread Garden’s Chinese New Year goodies, cookies and other snacks.

Signature CNY goodies, classics and new flavour twists


Chinese New Year festivities are all about embracing and celebrating our traditions, and it’s no exception as well when it comes to the food that we indulge in.

 

Bread Garden’s collection of CNY goodies for 2022 is a comprehensive and balanced selection of perennial best sellers, old-school tastes as well as new, innovative flavours that cater to a diversity of taste preferences.

 

All-time favourites such as Premium Pineapple Tart, Signature Macadamia Buttery Cookies and Melting Peanut make their return to the lineup, continuing to be in hot demand year after year whenever Chinese New Year draws near.

 

There are also the established classics namely Kueh Bangkit, Old School Almond Cookies and Spicy Shrimp Rolls that a CNY celebration just cannot do without.

 

As today’s consumers get exposed to more new food flavours in their everyday consumption, bakeries have been quick to hop onto trends and experiment with new, interesting tastes that appeal to a younger generation of Chinese New Year snack buyers, and Bread Garden is at the forefront of this trend, continuing to experiment with new flavours and tastes to introduce even more delectable creations for all to enjoy.

 

As with previous years, Bread Garden is introducing new flavours this CNY 2022, featuring creations such as the Kopi Gao Siew Dai with its strong Nanyang coffee aroma, inspired by the quintessential daily morning beverage, and Dark Chocolate Cookies, which exudes the decadent richness of premium dark chocolatey taste.

A gift of prosperity for cherished ones

A signature and popular fixture in Bread Garden’s annual lineup of Chinese New Year goodies is the Prosperity Gift Set, consisting of a handpicked selection of six most recommended flavours, symbolising blessings in the six aspects of a life filled with abundance.

 

These six CNY treats are individually housed in exquisitely designed metal cases, then placed into a luxurious box adorned with golden floral prints, for a complete set that makes it the perfect gift for family and friends this Chinese New Year.

Exclusive early bird special for CNY goodies

To kick off the festive buying season on a joyous note, Bread Garden is offering a 15% early bird discount with a minimum purchase of $100 for customers who order online from now till 5th January 2022.

 

The full range of Bread Garden’s Chinese New Year goodies for 2022 is now available for sale at www.breadgarden.com.sg.

About Bread Garden

Bread Garden is a Singapore halal certified bakery brand known for its popular festive goodies for Chinese New Year and Mooncake Festival, as well as its selection of flavourful customised cakes and pastries.

Rated five stars consistently by customers on social media, Bread Garden stands out from other bakeries with its emphasis on quality over quantity, dedicating itself to produce only the best quality baked products that its customers have come to expect and love.

For more information on Bread Garden, visit www.breadgarden.com.sg.

#BreadGarden

Laos Confirms Record Number of Covid-19 Deaths

Vientiane Covid Update


Laos has recorded a record number of Covid-19 deaths today, including a 114-year-old woman, the oldest person known to have succumbed to the coronavirus in Laos.

Vingroup and VinFast successfully raised the first international green syndicated loan

December 22, 2021, Vingroup successfully closed the first international sustainable syndicated loan transaction of $400 million to serve the development needs of VinFast and its member companies.

HANOI, VIETNAM – Media OutReach – 28 December 2021 – This is the first sustainable syndicated loan transaction, and the second international sustainable fund raising transaction by Vingroup. Previously, Vinpearl – a member company of the Group, as well as a leading developer and operator of tourism and leisure services in Vietnam, successfully issued a USD 425 million sustainable exchangeable bond in September of 2021.

Proceeds from the loan will be used by VinFast and other Vingroup member companies to in green and sustainable projects in accordance with the Sustainable Financing Framework announced by Vingroup in September 2021.

Mandated Lead Arrangers and Book-runners for the transaction include BNP Paribas, Cathay United Bank, Credit Suisse, the Hongkong Shanghai Banking Corporation (‘HSBC’), Maybank and Taipei Fubon, of which Credit Suisse serves as the Facility Agent and BNP Paribas, HSBC are Joint Green Finance Coordinator.

Mr. Nguyen Viet Quang – Vice Chairman and Chief Executive Officer of Vingroup commented: “The success of this sustainable syndicated loan is made possible because we have received overwhelming support from international lenders for our commitment to sustainable investment areas, of which VinFast is the most prominent. Our aim is to make VinFast a global smart electric vehicle manufacturer that offers environmentally friendly means of transport to the masses.”

Mr. Tim Evans – General Director of HSBC Vietnam said: “HSBC Vietnam is proud to continue supporting Vingroup’s sustainable and green development goals. We appreciate the partnership with Vingroup, a forward-thinking b u siness that pioneers in contributing to Vietnam’s goals to tackle climate change. As Joint Green Finance Coordinator & Mandated Lead Arranger & Bookrunner in the transaction, HSBC has strengthened its capabilities in structuring and arranging sustainable financing, while emphasizing our long-term commitment to supporting local businesses to build a greener Vietnam .”

“BNP Paribas is honored to support Vingroup, our key customer, in this landmark transaction. Vingroup has not only made great strides in its sustainable development goals, but also contributed to the development of a sustainable financing market and contributed to Vietnam’s national ambition to transit to a low carbon economy. This is a landmark transaction for us as it is the first Green Loan in Vietnam in which BNPP acts as Joint Green Finance Coordinator & Mandated Lead Arranger & Book-runner.” said Mr. Olivier Rousselet – General Director of BNP Paribas Vietnam.

About Vingroup

Established in 1993, Vingroup (Stock code: VIC) is one of the leading private conglomerates in the region, with a total capitalization of 35 billion USD from three publicly traded companies (as of November 4, 2021). Vingroup currently focuses on three main areas: Technology, Industry, and Services. Find out more at: https://www.vingroup.net/en.

#Vingroup

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

Back to School with Dad encourages fathers to be more involved in their children’s schooling journey

SINGAPORE – Media OutReach – 28 December 2021 – Fathers from over 120 pre-schools, primary and secondary schools as well as institutes of higher learning will be participating in the Back to School with Dad initiative for the next academic year in 2022. Among these, fathers from 93 schools are taking part in Back to School with Dad for the first time.

 

Organised by Centre for Fathering, MUMs for Life and DADs for Life, in partnership with Families for Life and in support of the Made For Families initiative, Back to School with Dad aims to encourage fathers to play a more active role in their children’s schooling journey.

 

Through the initiative, which began in 2006, fathers are encouraged to take time out from work to accompany their children to school in the first two days of the new school year and send them notes of encouragement so as to ease them in . The dates for Back to School with Dad 2022 are 4 and 5 January 2022.

 

In previous years, hard copy Back to School with Dad cards were disseminated to the schools for fathers to pen notes for their children. Due to COVID-19 restrictions affecting logistics of cards distribution, this year’s Back to School with Dad has gone virtual! Fathers (and mothers) can download the card templates from the Back to School with Dad web page and personalise a note of encouragement to be printed out and placed into the children’s lunchbox or school bags so that their children can be pleasantly surprised during recess or sent to their children’s mobile phones for the older children.

 

” Research* shows that when fathers are engaged in children’s education, their children perform better academically and are better able to adapt to their schooling journey emotionally and socially. They are also less likely to drop out and exhibit undesirable behaviour in school. Helping my children get ready for the new school year – from purchasing shoes to getting hairs cuts – and sending them to school regularly, is my way of forming precious memories with them in their growing up years ,” said Mr Bryan Tan, CEO, Centre for Fathering, MUMs for Life and DADs for Life. “We hope that many more fathers and schools will appreciate the importance of a father’s involvement in his child’s schooling journey and pledge their support towards the Back to School with Dad initiative.”

 

“Showing love and commitment to our family are the values that Families for Life holds dear. Being personally involved in our child’s key milestones is very important so we hope more fathers will commit their time to accompany their children to school on their first day. This intimate time together will be a precious memory that both father and child will remember fondly for many years to come”, shared Families for Life Council Chairman, Mr Ishak Ismail. As a Champion of MSF’s Alliance for Action Focal Area 1, Mr Ishak Ismail also supports parents in their journey by strengthening engagement and awareness of parenting programmes, resources and support groups in the community, as that would build stronger family relationships, for life.

 

Dr Mohamad Maliki Bin Osman, Second Minister for Education, said, ” Parenting has changed through the years in several ways, and the role of fathers in the family is becoming more important, especially throughout their schooling years. Gone are the days where fathers are regarded as feared disciplinarians in the family. Today’s fathers must connect emotionally with their children and provide unconditional love to their children.  

 

It is heartening to see fathers today, more actively involved in their children’s lives. This contributes to the child’s emotional health, overall wellness, social development and self-respect. As fathers, we play a unique role in our child’s life and make a significant difference in shaping their self-esteem, character and values.

 

As a father myself, I try to have regular and open communication with my children to understand them and let them know that I am always there for them. Being present during their key milestones like sports day or drama performance is critical as it tells our children that they are important that we will set aside time for them.”

 

Dr Maliki added, “Through the Back to School with Dad initiative, we hope to remind fathers to be more involved in their children’s schooling journey. Especially, on a day to day basis. Support your child’s schooling journey by helping them prepare for school, sending them to school when school re-opens and being involved in the school by volunteering in DADs for Life Father Groups. This promotes stronger father-child bonding. It also strengthens the relationship with the school, increasing the child’s confidence attending school.

 

I look forward to seeing more fathers be involved in their children’s journey and make time to send their children to school and to write notes of encouragement to them on a regular basis and not just only on the first few days of school. Be inspired to make your father-child interaction more achievable, enjoyable and celebrated in the community.”

 

Fathers prepare children for school  

Mr Joshua Wee, a father of four children aged 6 to 14 who works in human resource, said that it is important for him to be involved in his children’s schooling journey as that makes memories father and child can look back together in future. He said, “I hope that my involvement in their current schooling journey will lead them to be as involved in their own children’s journey in the future. Watching my children grow up, developing their own character and finding their own way is so fascinating. Parenting is a journey made so much more enjoyable if we are involved.”

 

For his youngest child who is going to primary one in 2022, Mr Wee will prepare him with “dry runs” at the coffeeshop buying his own food and teach him how to count his pocket money.

 

Senior engineer Mr Tun Tun plays an active role in guiding his daughter, who is heading to secondary one in 2022, on her education pathways. Recently, he discussed secondary school options with her after the release of the PSLE results to better understand her preferences. He said, “Everybody needs someone who can guide them to improve their lives and careers, and this person can be the father or the mother. The father or mother is the most important person to their children and is the first role model for them.”

 

For more information about Back to School with Dad and to download the card templates, go to www.fathers.com.sg/btsd.

*Information extracted from https://www.fatherhood.gov/for-dads/father-involvement-education, http://www.fatherhoodinstitute.org/2013/fatherhood-institute-research-summary-fathers-and-their-childrens-education/

About Centre for Fathering, DADs for Life and MUMs for Life

Centre for Fathering (CFF) is a non-profit organisation founded in 2000 to promote active and involved fathering and address issues caused by fatherlessness in Singapore. The organisation aims to turn the hearts of children towards their fathers by empowering more fathers to be better role models and an enduring inspiration to their children.

Since 2015, CFF has been the driving force behind Singapore’s nation-wide fathering movement – DADs for Life which seeks to inspire and mobilise fathers to become more involved with and a good influence to their children… for life. Under the DADs for Life umbrella are initiatives such as Back to School with Dad, Eat With Your Family Day and Celebrating Fathers – to encourage fathers to spend time with their families and create a culture that promotes active fathering.

MUMs for Life celebrates a mum’s unique identity as a woman and her irreplaceable roles as a daughter, wife and mother. When Mums are confident in their unique identity and multiple roles, they can better nurture our children and support DADs in building a stronger family in an increasingly complex world.

About Families for Life

FFL’s vision is to inculcate a “Families for Life” mindset and value among Singaporeans, by building strong and resilient families, as that makes for stronger communities and better individual well-being.

A people-sector Council comprising 14 volunteers from the people and private sectors, the FFL Council is chaired by Mr Ishak Ismail, Regional Director (Asia) of BAE Systems Hägglunds AB. The FFL Movement rallies like-minded individuals, families and organisations to strengthen family bonds through national celebrations and online campaigns.

Visit https://familiesforlife.sg for tips, resources and interesting activities you can enjoy with your family.

About MSF’s Alliance for Action

Led by Minister of State for Social and Family Development, Sun Xueling, Ministry of Social and Family Development (MSF) has launched the Alliance for Action (AfA) to strengthen marriages and family relationships in August 2021. We work with community partners on positive campaigns and narratives to create action and collectively develop initiatives to nurture strong and resilient marriages and families. We invite like-minded individuals and organisations to join the AfA to support our efforts to strengthen marriages and family relationships. Those who wish to be involved can email MSF_AFA@msf.gov.sg.


CFF is Made For Families

CFF is proud to be part of the ecosystem supporting families in Singapore, and identify ourselves as an organisation that is Made For Families. Made For Families represents the different ways – big and small – in which Singapore supports families. Companies, organisations and community groups can adopt the brand mark to identify themselves as promoting the value of family in our society. Together, we can build a society that is Made For Families, by laying a foundation of support, from family-friendly spaces and workplaces, products and services, and family-bonding activities. Visit go.gov.sg/MadeForFamilies for more information.

#CentreforFathering

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

Razer Merchant Services, the First Merchant Acquirer to Enable DuitNow QR, Cross-Border QR & Online Banking/Wallets for Merchants

Razer Merchant Services is the first Merchant Acquirer to enable PayNet’s Real-Time Retail Payments Platform (RPP) full suite of payment methods to its merchants to accept domestic and cross-border QR payments.

SHAH ALAM, MALAYSIA – Media OutReach – 28 December 2021 – Razer Merchant Services (RMS), the B2B arm of Razer Fintech, today announces it has become the first Merchant Acquirer to enable all three channels for PayNet’s Real-time Payments Platform, DuitNow. The payment channels include DuitNow QR, Cross-Border QR payments, and DuitNow Online Banking/Wallets, which RMS has enabled for online e-commerce and offline physical merchants.

QR enabled payments are experiencing unprecedented momentum in emerging markets and are accelerating movements away from cash in the ‘new normal’, according to a report by McKinsey & Company. Currently, the widely accepted DuitNow QR Codes are limited to local participating banks’ e-wallets, while Cross-Border QR codes with DuitNow QR will enable real-time instant payments for retail and e-commerce merchants based in Malaysia from tourists using their respective foreign banks or e-wallets applications. RMS merchants can expect a further extension of their business’ reach as cross-border payment linkages with surrounding Southeast Asian countries such as Indonesia and Singapore are scheduled after Thailand.

“Razer Fintech and our B2B arm, RMS, are excited to be the first Merchant Acquirer to enable all three Duitnow payment channels, further cementing our leadership in delivering new payment product features, in partnership with Paynet. We are very proud to enable these developments with PayNet’s Real-time Payments Platform for our regional and global merchants from both online and offline verticals. In times where physical contact needs to be limited, these developments will accelerate payment conversions and will be an effective contactless alternative to cash payments for both merchants and customers.” said Lee Li Meng, CEO of Razer Fintech.

“PayNet is delighted to have Razer Merchant Services as our DuitNow QR participant. RMS is among the earliest to adopt cross-border QR payments. With its large base in Malaysia, we are confident RMS’ merchants will reap more benefits of going cashless once cross-border QR payments acceptance from foreign visitors is enabled.” said PayNet Malaysia’s Director of Retail Payments Services, Mr. Khairuan Abdul Rahman.

One of RMS’ merchants, Doctor2U, will vastly benefit from Cross-Border QR with DuitNow QR when accepting payments from foreign visitors into Malaysia. Doctor2U, who is BP Healthcare Group’s homegrown technology arm, had previously set up a state-of-the-art Covid-19 screening facility at the Kuala Lumpur International Airport (KLIA) with a capacity of screening 45,000 travelers daily.

As digital payments accelerate, local customers can also look forward to a better customer experience with DuitNow Online Banking/Wallets. The service provides a more seamless e-commerce or m-commerce check out experience by enabling simple redirection to customers’ Online Banking or e-wallets app​ where instant payments can be made with over 40 Banks and e-wallets on board with more expected to join by the first half of 2022. DuitNow Online Banking/Wallets will be a development to link online banking and e-wallets to provide convenience for customers on merchant applications, through application-to-application payment verifications and significantly reduce payment friction and cart abandonments.

RMS aims to enable 3,000 physical offline acceptance points with DuitNow QR and Cross-Border payments with DuitNow QR by 2022. In the same period, RMS will onboard 1,000 online merchants with the full suite of DuitNow QR, Cross-Border QR, and DuitNow Online Banking/Wallets through a simple Application Programming Interface (API) integration with RMS. The DuitNow payment solutions will enable businesses to accept payments with just a single unified QR that allows interoperability between participating banks and e-wallets.

ABOUT RAZER FINTECH

Razer Fintech is the financial technology arm of Razer Inc (1337: Hong Kong). Established in April 2018, Razer Fintech has grown to become one of the largest O2O (offline to online) digital payment networks in emerging markets and has processed over billions of dollars in total payment value. Razer Fintech recorded a Total Payment Volume (TPV) of US$4.3 billion for FY 2020, with its B2B arm, Razer Merchant Services (“RMS”), a major contributor to the figure. The FY 2020 TPV represents an increase of 104.4% year-on-year and a Compound Annual Growth Rate (CAGR) of over 70% since FY2018. RMS, a leading B2B (business-to-business) solution encompassing:

· RMS Online: Card processing gateway supporting global scheme cards and over 110 payment methods, powering online payments for global and regional blue-chip merchants in SEA.

· RMS Offline: SEA’s largest offline payment network of over 1 million physical acceptance points across SEA. RMS Offline also extends point-of-sale services (such as bill payments and telco reloads), cash-over-counter services including fulfilment of e-commerce purchases, distribution of third-party point-of-sale activation (POSA) cards, and merchant acquiring services for third-party e-wallets.

For more information, please visit our here.

Merchants interested in online payment services, please email us at sales-sa@razer.com. Merchants interested in offline reloads, please email us at bd-offline-my@razer.com

#RAZERFINTECH 

ABOUT PAYMENTS NETWORK MALAYSIA SDN BHD (PAYNET)

PayNet is Malaysia’s premier payments network and central infrastructure for financial markets. We innovate, build, and operate world-class payment systems and financial market infrastructures that safely, reliably, and efficiently enable the functioning and development of Malaysia’s financial system as well as the economy as a whole. Bank Negara Malaysia (BNM) is PayNet’s single largest shareholder, with eleven Malaysian’s Banks as joint shareholders.

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

The First Vanity Fair NFT cover soon in auction on APENFT’s marketplace

SINGAPORE – Media OutReach – 28 December 2021 – APENFT Foundation partners with Valuart to launch the Vanity Fair NFT Cover series, which will be on sale in the upcoming APENFT’s marketplace. The collection includes the first NFT ever minted by Vanity Fair (the “Vanity Queen”), as well as 4 exceptional Vanity Fair NFT Covers featuring artworks that celebrate the digital art movement of the crypto world, and a unique Vanity Fair NFT Cover dedicated to His Excellency Justin Sun.

The beautiful “Vanity Queen” cover of Vanity Fair, minted as the first NFT ever of the iconic magazine.

 

“This is a creative and artistic experiment for magazines NFT covers” His excellency Justin Sun, founder of Tron and WTO ambassador for Grenada said. “It is great to see how crypto is reshaping creative industries.”

 

Simone Marchetti, Vanity Fair European Editorial Director & Vanity Fair Italia Editor in Chief, is of the same mind: “Always a pioneer in innovation and digital development, Vanity Fair debuted in the crypto art world in September 2021, with its first cover made in NFT: the artwork, starring the singer and actress Elodie, represented a unique and unprecedented editorial operation. In 2022, the magazine’s commitment goes further: from collectibles (scheduled for January) to the exploration of the Metaverse (scheduled for April) with an experiment that wants to write a new chapter in the history of magazines.”

 

APENFT has opened a waitlist (https://waitlist.apenftex.com) for a marketplace that lets users mint, collect and trade NFTs. According to APENFT, it already has more than 500,000 pre-registered users on the first day that the waitlist is active. APENFT also promised a range of generous benefits, including airdrops of governance token, referral bonus and rewards etc. People who are on the waitlist can also get early access to the Vanity Fair NFT Covers drop, which is scheduled around early January.

 

“We are proud to launch our APENFT marketplace and it marks a new milestone in APENFT’s exploratory journey in the world of NFT and metaverse, said Sydney Xiong, director of APENFT Foundation. “The main differentiator between our marketplace and others is that we want to focus on leveraging NFTs to create a strong and creative IP. This partnership with Valuart is a good start.”

 

“We are very excited to partner up with APENFT for the launch of their new marketplace”, continued Etan Genini, CEO and Co-Founder of Valuart. “Valuart and APENFT both believe in providing exposure and access to the creative and technological movement revolutionizing the art world. This exceptional collection of Vanity Fair NFT Covers aligns perfectly with this mission.”

About APENFT

Officially registered in Singapore on March 29, 2021, APENFT is backed by the underlying technology of top-notch blockchains Ethereum and TRON with support from the world’s largest distributed storage system Bittorrent File System (BTFS) to deliver the mission of facilitating creator economy while catalyzing the financial and cultural inclusion in the metaverse and the integration of the virtual and real world. APENFT’s finest and most diverse collections of modern and contemporary art include key works by Picasso, Andy Warhol, Alberto Giacometti and emerging crypto artists Beeple, Pak, FEWOCiOUS, Mitchell F. Chan, which are made available for the entire community through a series of curated online exhibitions in the metaverse. APENFT Foundation also partners with renowned art institutions, such as Christie’s and Sotheby’s and had successfully sponsored the fourth annual “Art + Tech Art Technology Summit: NFTs and the Future” in New York and Artnet NFT 30 report, receiving global media coverage such as Artnet, ArtReview, ArtNews, Coindesk, Cointelegraph etc. As the leading tech-driven art foundation, APENFT aims to drive high-quality traffic to support the development of the decentralised metaverse’s ecosystem.

About Valuart

VALUART was founded in Switzerland by crypto enthusiasts Etan Genini, Vittorio Grigòlo, and Michele Fiscalini, with the goal of creating an ecosystem meant to safeguard and enhance the intellectual property of artists, collectors and brands. VALUART exponentially grows the (digital) assets of its partners and investors in terms of value and popularity by the means of holistic technical, creative and managerial processes optimized for the growing blockchain environment and the medium of NFT. VALUART connects artists, collectors, brands, communities and other stakeholders of the Art & Design worlds, to find new ways to benefit from and otherwise monetize their unique assets, helping them to realize the true value of their works.

VALUART partnered with Vanity Fair to build a series of NFT-related initiatives, notably minting together the first cover ever of Vanity Fair as an NFT, which are aimed at expanding the reach of the Iconic magazine into the Metaverse and providing amazing new content to the crypto-art-loving community. To learn more visit: www.valuart.com

#APENFT

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