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Zhejiang New Century Hotel Dispatches Privatization Composite Document

Independent Financial Advisor and Independent Board Committee Recommend Shareholders to Accept the Offer

 

HONG KONG SAR – Media OutReach – 19 March 2021 – Zhejiang New Century Hotel Management Co., Ltd. (the “Company”, HKEx stock code: 1158) received a voluntary conditional offer made by Kunpeng Asia Limited (“the Offeror”) to acquire all the issued H Shares and Domestic Shares of the Company (except for the shares held by the shareholders who have undertaken not to accept the offers). The Composite Document concerning the privatization and delisting proposal has been dispatched by the Company today. Pursuant to the document, the consideration for H Share Offer and Domestic Share Offer are HK$18.15 and RMB15.180660 per share, respectively, representing a premium of approximately 24.7% over the H Share closing price of HK$14.56 as quoted on the Stock Exchange on the Last Trading Date (18 Jan 2021).

Amongst other things, the H Share Offer is subject to the approval by independent H shareholders in the H Share Class Meeting and the extraordinary general meeting (the “EGM”), as well as a minimum acceptance rate of the H Share Offer being at least 90% of the H Shares held by Independent H Shareholders. The Domestic Share Offer is conditional upon the H Share Offer becoming unconditional.

In respect of the H Share Offer, independent H shareholders including GreenTree Hospitality Group Ltd., Rongtong Fund Management Co., Ltd, GEM Holdings Ltd., and Rex Top Global Investments Ltd. have entered into the irrevocable undertakings in favour of the Offeror, representing approximately 62.73% of the H Shares held by Independent H Shareholders. Pursuant to such irrevocable undertakings, the relevant independent H Shareholders have irrevocably agreed and undertaken to, among other things, accept the H Share Offer and support the delisting.

The H Share Class Meeting and the EGM will be held on 13 April 2021 to seek for shareholders’ approval on the privatization and delisting proposal. The first closing date of the H Share Offer is 19 April 2021, while the final closing date will be on 17 May 2021 (assuming the Offers have become unconditional in all respects on the first closing date).

Pursuant to the Composite Document, Somerley Capital Limited (“Somerley Capital”), the Independent Financial Advisor (“IFA”), considers that the privatization and the delisting, coupled with the Offers, are fair and reasonable and in the interests of independent shareholders. In arriving at this conclusion, Somerley Capital has taken into consideration various factors including the impact of COVID-19 on the hotel industry, the Offer price’s premium to the current market price of H Shares and Company net assets, that the Offer provides an opportunity for Independent H Shareholders to realize their investments in the Company in light of the Company’s generally low trading volume, as well as relevant precedents and other comparables. The Independent Board Committee, having considered the advice of the IFA, concurs with the recommendation and would recommend the independent H Shareholders to accept the H Share Offer and voting in favour of the resolutions approving the delisting.

Offer Highlights:

H Share Offer Price

For each H Share HK$18.15 in cash

Premium

  • A premium of approximately 10.0% over the offer price of HK$16.50 per H Share for the global offering of the H Shares in March 2019;
  • A premium of approximately 24.7% over HK$14.56 which is the closing price per H Share as quoted on the Stock Exchange on the Last Trading Date;
  • A premium of approximately 27.7% over HK$14.21 which is the average closing price per H Share as quoted on the Stock Exchange for the 180 trading days up to and including the Last Trading Date

Timetable

Latest time for lodging transfers of the H Shares in order to be entitled to attend and vote at the H Share Class Meeting and the EGM

7 April 2021, 4:30 p.m.

H Share Class Meeting

13 April 2021, 10:00 a.m.

EGM

13 April 2021, 11:00 a.m. (or immediately after the conclusion or adjournment of the H Share Class Meeting)

First Closing Date

19 April 2021

Latest time for acceptances of the H Share Offer on the First Closing Date

19 April 2021, 4:00 p.m.

Final Closing Date (assuming the Offers have

become unconditional in all respects on the

First Closing Date)

17 May 2021

About Zhejiang New Century Hotel Management Co., Ltd. (HKEx stock code: 1158)

Zhejiang New Century Hotel Management Co., Ltd. is one of the leading hotel groups in the PRC and principally engages in the operation and management of mid-scale to upscale hotel chains in the PRC. Since its inception in Hangzhou, Zhejiang Province, in 1988, the Group has established the homegrown, widely recognized “New Century (開元)” brand series that principally target the upscale leisure and business travel markets, offering hospitality services of international standards complemented by local Chinese elements.

Xayaboury Province Holds First Livestock Trade Fair

Xayaboury holds first livestock trade show

A livestock trade fair was held in Kenthao District, Xayaboury Province to encourage sustainable livestock marketing.

Introducing Bata 3D Energy

Urban Sneakers For All Day Comfort

 

PETALING JAYA, MALAYSIA – Media OutReach – 19 March 2021 – Designed at the Bata Innovation Style Center in Italy, Bata 3D Energy is the newest arrival in Bata’s global sneakers portfolio, launching in Q1 2021 across all Bata markets.

Unlike the usual lifestyle sneakers, Bata 3D Energy proposes a collection of mainstream & versatile styles combined with an additional touch of tech, to keep you comfortable all day.

Bata 3D Energy are urban casual lifestyle sneakers for active men & women leading a busy life for which they need comfort with style. Bata 3D Energy are the ideal sneakers for everyday ventures. Made for both office and leisure times, these sneakers match all outfits thanks to their versatile designs and colorways.

Bata 3D Energy sneakers are designed to answer the consumers’ need for impact absorption. They provide the best of stability and cushioning wrapped in a lightweight shoe thanks to its 3 key technologies:

  • The rebound sole that boosts every step
  • The heel stabilizer that provides hard back support for a greater balance
  • The memory foam insole and back counter that enhance the feeling of cushioning for an instant comfort.

Bata 3D Energy will keep you energized all day long by putting a spring in every step for a feeling of maximum comfort. This is the key message supported by Bata communication concept “Bata 3D Energy, for all day comfort”.

Bata 3D Energy is the first sneaker collection from the newly introduced Bata 3D Label. This new global sneaker label, launching this year, delivers everyday lifestyle sneakers with an added value technology to Bata consumers.

Why Bata 3D. Because it comes in 3.

  • Bata 3D will launch 3 collections.
  • Bata 3D collections will focus on 3 consumer needs – each collection will target a specific shoe attribute.
  • 3D stands for “3Dimensional” product technology – each of the collection come with a combination of 3 technologies answering the consumer need.

Bata’s Country Manager, Mr Ajay Ramachandran is pleased to introduce this global Bata collection to Malaysia. “The sneaker phenomenon is not just a trend; it has become a lifestyle in Malaysia. At Bata, we have spent the last 1 year to develop this special sneaker that is engineered with premium product technology but at a price that is friendly for all wallets”

The retail price of the 3D Energy series is from RM119 to RM129. The highly anticipated collection will be launched at 37 Bata Retail stores and online at www.bata.com.my in March 2021. To support the launch of the collection, Bata Malaysia will mobilise digital channels for advertising – facebook, instagram, google display, and youtube ads to reach to the target audience of ages 18 to 35 years old in Malaysia. Watch a preview of the Bata 3D Energy series here https://www.youtube.com/watch?v=tj_VCYvT4ng


Bata 3D Energy Retail Store Distribution; Mid Valley, Suria KLCC, IOI Putrajaya, Imago Mall KK, Alamanda Putrajaya, JB City Square, 1 Utama, Imperial City Miri, Aeon Tebrau JB , Bintang Plaza Miri, AEON Seremban 2, AEON Cheras, IOI Puchong, AEON Rawang, Suria Sabah, AEON Bukit Tinggi, AEON Bukit Indah, East Coast Mall, NU Sentral, Setia City Mall, Prangin Mall, Paradigm Mall, AEON Taiping, AEON Nilai, AEON Melaka, Vivacity Kuching, Mahkota Parade Melaka, Sunway Carnival Prai, AEON Station 18, Sunway Velocity, AEON Kinta City, Queensbay Penang, AEON Kota Bahru, South Key JB, AEON Shah Alam, Sunway Pyramid.

About Bata

Founded in 1894, Bata is one of the world’s leading shoemakers, designing comfortable and stylish footwear at surprisingly affordable prices. Bata is a family-owned business selling more than 180 Million pairs of shoes annually in our 5,800 stores and producing locally in our 22 Bata-owned manufacturing facilities across five continents. Bata operates in more than 70 countries, thanks to 35,000 colleagues.

Chinese Companies Target Laos for Durian Plantations

Chinese companies hope to start durian plantations in Laos

Chinese companies are seeking to lease up to almost 5,000 hectares of land in Vientiane Capital to establish durian plantations.

Man Arrested for Murder of Parents in Savannakhet Province

Man arrested for murder of parents in Savannakhet

Police have arrested a man for murdering his parents in Savannakhet Province earlier this year.

Match Dating provides unique personalized one-on-one real person verification dating

More than 10 years of professional matchmaking qualifications

 

HONG KONG SAR – Media OutReach – 19 March 2021 – Match Dating, a local professional matching company with more than 10 years of matchmaking experience, is different from traditional dating agency. It provides customers with personalized one-on-one real-person verification dating. It provides a series of professional services, including: a team of experienced makeup artists, image guidance, psychotherapists and love counsellors, etc., to enhance the self-confidence of clients who want to find someone, and to improve the success rate of verification dating. Match Dating has unique and innovative insights into the service industry. Even if it is simply a relationship problem, Match Dating is willing to provide customers with free love consultation services.

According to the Census and Statistics Department’s “Women and Men in Hong Kong-Main Statistics” report, the age of first marriage for men and women in Hong Kong is getting late. The median age for women at first marriage has been postponed from 28.5 in 2009 to 29.9 in 2019; and for men The median age at first marriage was 31.6 years. As a local professional matching company Match Dating, with more than 10 years of matching experience professional team consultants, listen to, analyze and understand the needs of each user, provide personalized matching services, and find customers for customers.

Match Dating is different from other Speed ​​Dating or Dating App. It insists on manually selecting each person who meets their mate selection criteria, and requires each participant to provide corresponding information and a recent personal photo to be a real person Verification to ensure that the appearance and basic conditions of both parties meet the requirements. After the two parties have confirmed the meeting, they only need to select the date, time, and restaurant preferences, and the team will act as a guide, arranging all the appointment details, so that customers can enjoy the perfect date. Match Dating matching consultant: “The trouble is a must, but after the trouble, it can make a good marriage for clients. This kind of modern matchmaking makes me feel excited and proud.”

The founder of Match Dating believes: “Everyone has the right to love and be loved. Our team will do our best to help in each case, starting with an in-depth understanding of individual talks, and then starting psychological counseling on the right mindset to assist guests. Get to know yourself better, change your inherently bad or unrealistic mentality, and correct your own problems. Provide love advice at the beginning of dating, encourage everyone to bravely step out of the comfortable zone, open up your heart, step out of the haze, and communicate with each other with more confident. In order to develop and maintain a balanced and healthy relationship, and establish their own way of love.” In addition, Match Dating is also willing to take care of the needs of different people in the society, such as divorced, widows of the elderly, people with their own psychological problems, etc. Often because of being neglected by society and self-deficiencies, they feel inferior and fear to build relationships with others, but in fact they also have their need and right to love and be loved. Match Dating uses a strong network of contacts to carry out professional matching work in different areas. It is people-oriented and helps each customer build a happy relationship.

About Match Dating Hong Kong Matching Company

Match Dating is operated by a professional team with more than ten years of experience in this industry. It is determined to find happiness for a group of single men and women. It provides a reliable one-to-one dating service for marriage and love in Hong Kong, with an affordable fee, and carefully analyzed by a professional team. You have achieved the happiest marriage.

We are determined to provide you with the most comfortable, safest and fastest way and the largest dating platform for busy people, leading you to find your favorite soulmate in the shortest time, and premise of a family. We are here waiting for you to join us and accompany the destination of marriage with you.

Match Dating website: https://matchdating.com.hk/

Tel: +852 9581 6883

Version 6.2 of ONLYOFFICE provides enhanced security for collaboration between remote locations throughout China and the rest of Asia

RIGA, LATVIA – Media OutReach – 19 March 2021 – ONLYOFFICE version 6.2, a powerful open-source office suite, now incorporates online editors for text documents, spreadsheets and presentations. Multiple editing tools and collaborative features ensure greater team workflow, and seamless work with complex formatting and objects within your web solution.

ONLYOFFICE Desktop Editors are currently translated into 11 languages, including Simplified Chinese, English, French, German, Spanish, Italian, and Brazilian Portuguese. The ONLYOFFICE office suite enables online collaboration between distant locations, and users in China and Asia will find it an immensely versatile and secure tool whenever and wherever teamwork is required.

This latest version now includes a table of figures, new features in spreadsheets, and document protection in the desktop app.

Data validation to restrict the entered data type

New feature helps the user restrict the type of data entered into a cell enabling the creation of drop-down lists that limit the entry choices for a selected cell —just pick an item from a list which speeds the process and reduces the risk of errors.

Slicers to visualize filtering in pivot tables

Slicers for pivot tables, this functionality provides quick filtering and helps indicate the filtering state, so the user then understands what data is currently displayed.

Custom number format

With version 6.2, if the existing number formats don’t meet the user’s needs, the way the values show up can be changed by creating and applying custom number formats.

New functions

  • GROWTH to calculate predicted exponential growth by using existing data.
  • TREND to calculate a linear trend line.
  • LOGEST to calculate an exponential curve that fits the data and get an array of values that describes the curve.
  • UNIQUE to get a list of unique values from the specified range.
  • MUNIT to get the unit matrix for the specified dimension.
  • RANDARRAY to get an array of random numbers.

Table of figures to organize illustrations

ONLYOFFICE 6.2, enables the user to create a table of figures to list and organize the tables, equations, images, charts, and shapes.

Digital signatures in ONLYOFFICE desktop

With version 6.2, users can add a digital signature to documents, spreadsheets, and presentations verifying that the content originates from a specific user, and that there are no alterations.

To sign a document, the user will need a certificate issued by a certificate authority.

Digital signature of the document online is possible with DocuSign integration in ONLYOFFICE Workspace (both cloud and self-hosted versions).

Password protection in ONLYOFFICE Desktop

Protect local office files with password.

Integration with Seafile

In early 2019, ONLYOFFICE entered a technology partnership with Seafile, a company based in Beijing and a creator of the same-name sharing platform. This opened up new opportunities specifically available within the Asian landscape.

Seafile Pro 7.1.13 made the list of the DMS that can be connected to the ONLYOFFICE Desktop. This means that users will be able to edit documents stored in Seafile right from the desktop app and even collaborate on them online.

Connecting the desktop app to third-party DMS

With version 6.2, the developers, can incorporate online editors into their doc management systems, and implement the desktop app integration using ONLYOFFICE API.

Users have the ability to connect the desktop app to their DMS and use it as a client for online editing and collaboration.

Localization of ONLYOFFICE version 6.2

New interface languages — Belarusian, Catalan, Greek, Lao, Romanian. ONLYOFFICE Docs are now available in 31 languages.

The Chinese-language version of the ONLYOFFICE website is here: https://www.onlyoffice.com/zh/

About ONLYOFFICE editors

ONLYOFFICE Docs is an office suite that includes editors for text documents, spreadsheets, and presentations.

The free community version is distributed under AGPLv3 license. There’s also a paid Enterprise version with pro functionality (content controls, document comparison), tech support, and clustering capabilities.

Community or Enterprise versions can be used within ONLYOFFICE Workspace, an open-source productivity solution, or integrated with popular sync and share apps, such as ownCloud, Nextcloud, and Seafile.

The ONLYOFFICE desktop app is totally free and is distributed under AGPLv3 license.

Useful links
Chinese website — https://www.onlyoffice.com/zh/
Online version source code — https://github.com/ONLYOFFICE/DocumentServer
Desktop version source code — https://github.com/ONLYOFFICE/DesktopEditors
All available integrations — https://www.onlyoffice.com/all-connectors.aspx

evian launches its first label-free, 100% recyclable, 100% recycled bottle*

SINGAPORE – Media OutReach – 19 March 2021 – evian announced the launch of its new bottle design with an engraved logo in Singapore, as the brand looks at innovative ways to reduce its use of virgin plastic. In line with Global Recycling Day, evian hopes to inspire others to do their part for a more sustainable future through sustainable redesign. Reinventing the way evian natural mineral water is packaged for consumers to enjoy, the bottle presents an opportunity to reaffirm the brand’s beliefs and involvement in protecting the environment. With almost two years in the making, the bottle is a first of its kind for the brand; label-free and created from 100% recycled plastic*.

This new stripped back bottle perfectly reflects what’s on the inside – evian’s uniquely sourced natural mineral water, the way nature intended; pure and refreshing. A 15-year journey through the French Alps gives evian its naturally low mineralized composition and a distinctive cool, crisp taste.

Aligned with Singapore’s Zero Waste Masterplan to create a more sustainable living environment and pave the way towards a zero-waste nation, the introduction of evian’s new label-free bottle marks a significant milestone to becoming a ‘circular’ brand by 2025 – making all of its plastic bottles from 100% recycled plastic*. In early 2020, evian received a global certification for becoming carbon neutral. The achievement of this global standard reflects the outcome of evian’s commitment to reducing plastic use and use of recycled plastic.

Shweta Harit, evian global brand VP, said: “Today’s announcement positions evian as a pioneer in sustainable design solutions, with the bottle made from 100% recycled materials* and label-free, this acts as a tangible proof of our commitment to becoming a circular brandby 2025. It’s now more important than ever for us to bring consumers our natural mineral water in a more sustainable way. Today’s launch is a key advancement and innovation for all of us at evian. The bottle’s premium design speaks to history’s most environmentally conscious generation. Stripped down to its truest form, the bottle is as pure as the water within it”.

evian’s new bottle design is available as a 400ml bottle and features an ‘evian pink’ bottle cap. The new bottle is available at Lazada, Redmart and SaladStop, and will be made available at other hotel, café and retail outlets in the months ahead.

New bottle design: http://bit.ly/3uPGslv