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Telix Refinances Convertible Bonds

MELBOURNE, Australia and INDIANAPOLIS, Ind., April 14, 2026 /PRNewswire/ — Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX) (“Telix“) today launches an offering of US$550 million convertible notes due 2031 to be issued by its wholly-owned subsidiary, Telix Pharmaceuticals (Investments) Inc. (the “Issuer“), and guaranteed by Telix and Telix Pharmaceuticals (US) Inc. (the “Offering“). The convertible notes, also referred to as “convertible bonds” (“Convertible Bonds“), are convertible into fully paid ordinary shares in Telix (“Ordinary Shares“).

Managing Director and Group CEO, Dr. Christian Behrenbruch, said: “The refinance of the existing Convertible Bonds represents our proactive approach to capital management. The new Convertible Bonds will continue to provide the business with cost effective financing.”

The new Convertible Bonds represent attractive, low-cost financing to Telix and are non-dilutive until any potential future conversions occur. The initial conversion price will be at a premium to Telix’s current share price.

After deduction of commissions, professional fees and other administrative expenses, it is intended that the net proceeds will be used to repurchase the existing convertible bonds due 2029 (“Existing Convertible Bonds“). Any funds raised above that required for the repurchase of the Existing Convertible Bonds will be applied to general corporate purposes.

Convertible Bonds Offering

  • It is intended that the Convertible Bonds will be listed on the Official List of Singapore Exchange Securities Trading Limited (“SGX-ST“)
  • The Offering is being marketed to eligible investors with the final terms of the Convertible Bonds to be determined via a bookbuild process expected to be completed prior to market open on Wednesday, 15 April 2026
  • Concurrent with the Offering, a delta placement of Ordinary Shares will be executed to facilitate hedging activity by investors in relation to the Convertible Bonds. The clearing price per Ordinary Share under the delta placement will be used as the reference share price for the Convertible Bonds
  • More details on the key terms of the Convertible Bonds are provided in the table below

Stock Borrow Facility

To assist the implementation of the Convertible Bonds Offering, Elk River Holdings Pty Ltd as the trustee for The Behrenbruch Family Trust[1] (“Stock Lender“) intends to enter into a stock lending agreement with an affiliate of J.P. Morgan (“Stock Borrower“) pursuant to which the Stock Lender will lend a certain number of Ordinary Shares to the Stock Borrower, and the Stock Borrower will be required to return the borrowed Ordinary Shares to the Stock Lender pursuant to the terms of the agreement (“Stock Borrow Facility“).

Concurrent Repurchase

Additionally, Telix is conducting a reverse bookbuilding process to receive indications of interest from holders of the Existing Convertible Bonds on a repurchase of the outstanding Existing Convertible Bonds (“Concurrent Repurchase“). The number of Existing Convertible Bonds to be repurchased and the purchase price will be determined by the reverse bookbuilding process.

Adviser

J.P. Morgan Securities plc (“J.P. Morgan“) is Sole Bookrunner on the Offering and Sole Dealer Manager on the Concurrent Repurchase.

Key terms of the Convertible Bonds

Issuer

Telix Pharmaceuticals (Investments) Inc.

Guarantors

Telix Pharmaceuticals Limited and Telix Pharmaceuticals (US) Inc.

Expected Issue Size

US$550 million

Ranking

Direct, unconditional, unsubordinated and unsecured obligations of the Issuer and Guarantors

Maturity Date

5 years

Investor Put Option

At the end of year 3

Coupon / Yield

1.50 – 1.75%

Conversion Premium

35.0 – 37.5%

Reference Share Price

The clearing price of the Delta Placement – see below

Delta Placement

J.P. Morgan will run a bookbuilding process to facilitate some or all of the hedging activity that may be executed by investors in the Convertible Bonds

The clearing price of the Delta Placement will be used as the reference share price to determine the initial conversion price of the Convertible Bonds

The manner of conducting the Delta Placement will be determined by J.P. Morgan in consultation with Telix

Conversion Price Adjustment

Standard anti-dilutive adjustments including conversion price adjustment for all dividends paid by Telix

Listing

SGX-ST

Selling Restrictions

Reg S (Cat 2) only

About Telix Pharmaceuticals Limited

Telix is a global biopharmaceutical company focused on the development and commercialization of radiopharmaceuticals with the goal of addressing significant unmet medical need in oncology and rare diseases. Telix is headquartered in Melbourne (Australia) with international operations in the United States, United Kingdom, Brazil, Canada, Europe (Belgium and Switzerland), and Japan, Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (NASDAQ: TLX).

Visit www.telixpharma.com for further information about Telix, including details of the latest share price, ASX and U.S. Securities and Exchange Commission (SEC) filings, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix on LinkedIn, X and Facebook.

Telix Investor Relations (Global)

Ms. Kyahn Williamson

SVP Investor Relations and
Corporate Communications

kyahn.williamson@telixpharma.com

Telix Investor Relations (Australia)

Ms. Charlene Jaw

Associate Director Investor
Relations

charlene.jaw@telixpharma.com

Telix Investor Relations (U.S.)

Ms. Annie Kasparian

Director Investor Relations and Corporate Communications

annie.kasparian@telixpharma.com

This announcement has been authorized for release by the Telix Pharmaceuticals Limited Board of Directors.  

Legal Notices

Cautionary Statement Regarding Forward-Looking Statements. 

You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our Annual Report on Form 20-F filed with the SEC, or on our website.

The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including Australia, Singapore, and the United States. The information and opinions contained in this announcement are subject to change without notification. To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise. No representation or warranty, express or implied, is made in relation to the accuracy or completeness of the information contained or opinions expressed in the course of this announcement.

This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as “may”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”, “forecast” and “guidance”, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on Telix’s good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect Telix’s business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix’s business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress, completion and results of Telix’s preclinical and clinical trials, and Telix’s research and development programs; Telix’s ability to advance product candidates into, enroll and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix’s product candidates, including TLX101-Px and  TLX250-Px, manufacturing activities and product marketing activities; Telix’s sales, marketing and distribution and manufacturing capabilities and strategies; the commercialization of Telix’s product candidates, if or when they have been approved; Telix’s ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix’s expenses, future revenues and capital requirements; Telix’s financial performance; developments relating to Telix’s competitors and industry; the anticipated impact of U.S. and foreign tariffs and other macroeconomic conditions on Telix’s business, including as a result of war or other geopolitical conflicts; and the pricing and reimbursement of Telix’s product candidates, if and after they have been approved. Telix’s actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.

Neither this announcement nor any copy hereof may be taken into or distributed in the United States.

The information contained in this announcement is not for distribution, directly or indirectly, in or into the United States. The Convertible Bonds, the guarantees and the Ordinary Shares to be issued upon conversion of the Convertible Bonds have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act“) or the securities laws of any state or other jurisdiction of the United States and they may not be offered or sold, resold, transferred or delivered, directly or indirectly, within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws. The Convertible Bonds and the guarantees are being offered and sold solely outside the United States in an “offshore transaction” as defined in, and in reliance on Regulation S under the Securities Act.

Nothing in this announcement or anything attached to it shall form the basis of any contract or commitment.

The Concurrent Repurchase is not being made and will not be made, directly or indirectly, in or into the United States. This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone, the internet and other forms of electronic communication. The Existing Convertible Bonds may not be tendered in the Concurrent Repurchase by any such use, means, instrumentality or facility from or within the United States or by persons located or resident in the United States as defined in Regulation S of the Securities Act. Any purported tender of Existing Convertible Bonds made by a person located in the United States will not be accepted.

This communication may not be distributed to the press or other media or forwarded, photocopied, passed on or, in any other manner, transmitted to any other person. Non-compliance with the foregoing may constitute a violation of law. This information is subject to change.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

All trademarks and trade names referenced in this press release are the property of Telix Pharmaceuticals Limited (Telix) or, where applicable, the property of their respective owners. For convenience, trademarks and trade names may appear without the ® or ™ symbols. Such omissions are not intended to indicate any waiver of rights by Telix or the respective owners. Trademark registration status may vary from country to country. Telix does not intend the use or display of any third-party trademarks or trade names to imply any affiliation with, endorsement by, or sponsorship from those third parties.

©2026 Telix Pharmaceuticals Limited. All rights reserved.

[1] Dr Behrenbruch holds an indirect interest.

 

Hong Kong Residential Market Remains Resilient Despite Geopolitical Tensions, with Primary and Secondary Transactions Buoyant

Greater Central Grade A Office Rents Bottom Out, High Street Vacancies Continue to Fall

  • Residential Market: Market sentiment turned more positive after the Chinese New Year as purchasing power continued to be released. Strong primary market home sales also drove secondary market activity, with Q1 residential transaction numbers surging 53% y-o-y to more than 18,650 units. Home prices across different segments recorded growth, reflecting that buyer appetite has yet to be impacted by geopolitical tensions in the Middle East.
  • Grade A Office Market: Net absorption remained positive for the tenth consecutive quarter at 217,100 sq ft in Q1, mainly driven by leasing activity from the banking & finance sector. Greater Central rents have now bottomed out, strengthening by 5.5% q-o-q and supporting the city’s overall office rents to increase by 2.4% q-o-q.
  • Retail Market: Overall retail sales have continued to recover on the back of rising tourist arrivals. The average high street vacancy rate fell further to 4.2% in Q1, with tier-1 high streets in Causeway Bay and Central being fully occupied.

HONG KONG SAR – Media OutReach Newswire – 14 April 2026 – Global real estate services firm Cushman & Wakefield today held its Hong Kong Property Markets Q1 2026 Review and Outlook press conference. Despite ongoing geopolitical tensions in the Middle East, Hong Kong’s residential market continued to perform resiliently, with both primary and secondary market transactions recording sustained growth. Total residential transaction numbers in Q1 rose by 9% q-o-q and 53% y-o-y. In the Grade A office market, net absorption reached 217,000 sq ft in Q1, driven by leasing demand from the banking & finance sector. However, rental performance continued to diverge between core and non-core submarkets, and the recovery was chiefly led by core areas. As for the retail sector, total retail sales continued to recover gently, supporting a further drop in the overall high street vacancy rate in Q1. Hong Kong Island outperformed the overall market, with rents in Central and Causeway Bay rising by 1.1% and 0.8% q-o-q, respectively.

Grade A office leasing market: Tenth consecutive quarter of positive net absorption, Greater Central rents continue to pick up

Sentiment in Hong Kong’s Grade A office market remained positive in Q1 2026 on the back of sustained demand from the banking & finance and insurance sectors. The quarterly total new leased area reached 866,000 sq ft, with the banking & finance and insurance sectors accounting for more than 70%. Citywide net absorption fell q-o-q to record 217,100 sq ft but remained positive for the 10th consecutive quarter.

Greater Central and Greater Tsimshatsui rental levels continued to pick up in Q1, by 5.5% and 0.4% q-o-q, respectively, driving the overall rental level up by 2.4% q-o-q to mark two consecutive quarters of rental growth for the first-time since Q1 2019. However, average rents in non-core submarkets continued to soften, suggesting the overall rental recovery is chiefly led by core areas in a two-tier market. As no new projects were completed in Q1, the overall availability rate remained broadly stable at around 20.0%, edging down by 0.3 percentage points q-o-q.

John Siu, Managing Director, Hong Kong, Cushman & Wakefield,said, “Looking ahead, despite the recent stock market volatility, leasing demand from the banking & finance sector is expected to remain a key pillar this year, underpinned by expectations that Hong Kong will remain the leading global IPO market in 2026, with more than 400 companies in the listing pipeline up to the end of March. Geopolitical developments in the Middle East may also prompt investors to review asset deployment strategies and reallocate capital to Hong Kong, potentially supporting demand from banking & finance and wealth management-related occupiers. We have revised our 2026 rental forecast for Greater Central to +6% to +8%, from the previous range of +2% to +4%. In turn, the citywide Grade A office rent forecast is also revised to +1% to +3% y-o-y in 2026, compared with a previous forecast of ±1%.”

Retail leasing market: Retail sales demonstrate resilience with the overall high street vacancy rate falling further to a new post-pandemic low

The Hong Kong retail market continued to demonstrate resilience in Q1 2026, supported by improved tourist arrivals and sustained local consumption sentiment, enabling the city’s overall retail sales for the January to February 2026 period to pick up by 11.8% y-o-y to record HK$72.4billion. Among major retail categories, the Jewellery & Watches sector led the market recovery with a notable 27.8% y-o-y increase, followed by the Medicines & Cosmetics and Fashion & Accessories sectors at 8.3% and 6.6% y-o-y, respectively. This suggests the ongoing recovery and strengthening of tourist-oriented business sectors.

The overall high street vacancy rate continued to trend downwards, standing at 4.2% in Q1, marking a new low since the pandemic. Across core retail districts, Hong Kong Island outperformed Kowloon, with high street shops in Causeway Bay and Central within our basket fully leased during the quarter. The vacancy rate in Tsimshatsui also dropped further to 7.1% in Q1, while Mongkok remained stable at 6.1%.

As for high street retail rental levels, recovery was also led by Hong Kong Island, with Central and Causeway Bay recording q-o-q increases of 1.1% and 0.8%, respectively. Mongkok high street retail rents picked up by 0.6% q-o-q, while a more affordable, mass-market tenant mix prompted Tsim Sha Tsui rental levels to move down by 1.1% q-o-q (Chart 2). Regarding the F&B sector, high availability continued to weigh on rents across districts, with Causeway Bay, Central, Tsimshatsui and Mongkok all recording declines within 1% q-o-q.

John Siucommented, “Retail leasing sentiment across districts remained positive in the first quarter, particularly on Hong Kong Island side. We anticipate Central and Causeway Bay to lead the rental level recovery, given Causeway Bay has continued to attract young locals and tourists, while Central has been benefitting from relatively stable high-end local consumption. On Kowloon side, Tsimshatsui and Mongkok are expected to see gradual absorption of vacant spaces if landlords are willing to offer reasonable asking rents. Looking ahead, the city’s retail market is poised for a positive recovery in 2026, yet we anticipate a gradual rental recovery rather than a rapid rebound. Supporting factors, including the wealth effect from the housing price recovery, are set to lift local consumption sentiment. The ongoing mega-event campaign, coupled with a stronger renminbi, is also expected to draw a promising influx of tourists, supporting greater foot traffic and tourist spending on high streets. Nevertheless, given the shift in consumption patterns and the entry of more affordable brands into high streets, overall rents are unlikely to see a rapid rebound in the near term. We maintain our forecast of a 2% to 3% increase in overall high street retail rents for 1H 2026.”

Residential market: Market transactions remain active amid geopolitical tensions in the Middle East, supporting home price rises across market segments

The Hong Kong residential market continued to gain momentum in Q1, driven by strong sales of primary projects and more active participation from potential buyers in the secondary market who have expedited purchase decisions. The ongoing geopolitical tensions in the Middle East have yet to exert a significant impact on Hong Kong residential market activity. Since March last year, the monthly number of residential sales and purchases agreements has exceeded 5,000 for 13 consecutive months, with February 2026 reaching close to 6,700 units. Total residential transactions in Q1 recorded approximately 18,650 units, up 53% y-o-y and 9% q-o-q (Chart 3). Strong sales at new launches saw primary market transactions take a 30% share of total transactions in the quarter.

Edgar Lai, Senior Director, Valuation and Advisory Services, Hong Kong, Cushman & Wakefield, highlighted, “Strong market activity continued to support home prices to trend upward in Q1 2026. According to the Rating and Valuation Department, as at February, the overall residential price index picked up by 2.6% in the first two months of the year. Meanwhile, our Cushman & Wakefield mid-and-small size units price index shows that home prices rose by around 5% in March from the end-2025 level. At the same time, our tracking of popular housing estates demonstrates that prices across different market segments maintained upward momentum throughout the quarter. Prices at City One Shatin, representing the mass market, rose 5.6% q-o-q, while prices at Taikoo Shing, representing the mid-market, strengthened by 8.6% q-o-q. Residence Bel-Air, representing the luxury segment, recorded a notable 7.1% q-o-q rise. At the same time, underpinned by housing needs from incoming talent, the residential rental index continued to trend up to hit a new record high. Coupled with interest rates now remaining at relatively low levels, investors have been encouraged to enter the market, while renters and potential buyers are expediting home ownership decisions.”

Rosanna Tang, Executive Director, Head of Research, Hong Kong, Cushman & Wakefield, added, “The city’s housing market largely sustained the strong momentum carried over from late-2025, with both transaction numbers and prices continuing to climb in Q1. Despite recent Middle East geopolitical tensions, the overall residential market has continued to demonstrate resilience, with the number of residential sale and purchase agreements exceeding 6,000 cases in both February and March. Looking ahead, more capital is expected to flow into Hong Kong as a safe haven, helping to keep local interbank rates at relatively low levels and providing support to the housing market. Moreover, our Verbal Enquiry index has now risen for three consecutive months, reflecting sustained positive sentiment in the Hong Kong residential market. We anticipate full-year transaction numbers in 2026 to reach 65,000 to 70,000 units. As for the home prices forecast, if geopolitical tensions in the Middle East ease in the near term, the impact on the Hong Kong residential market is likely to be limited, and we would expect full-year home prices to rise in a range of 7% to 10%. However, if tensions further escalate, uncertainty may weigh on interest rates and buyer confidence, with annual price growth to moderate to around the 5% mark.”

Please click here to download photo and presentation deck

Caption: (From left to right) Rosanna Tang, Executive Director, Head of Research, Hong Kong, Cushman & Wakefield; John Siu, Managing Director, Head of Project and Occupier Services, Hong Kong, Cushman & Wakefield and Edgar Lai, Senior Director, Valuation and Advisory Services, Hong Kong, Cushman & Wakefield.

Hashtag: #CushmanWakefield

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

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 350 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

Clodura.AI Launches Atlas, an AI-Native SDR that Replaces the Fragmented Outbound Stack

Powered by continuously refreshed verified data across 600M+ contacts, Atlas unifies data, intelligence, and execution — delivering 8X industry reply rates and 40%+ open rates

PUNE, India, April 14, 2026 /PRNewswire/ — The average sales rep manages more than six tools to run a single outbound sequence — and according to HubSpot, sellers overwhelmed by their tech stack are 43% less likely to hit quota. Clodura.AI today launched Atlas, an AI-native SDR that replaces that model by running inside a single unified platform, now available to 73,000+ sales professionals globally.

Clodura.AI Launches Atlas
Clodura.AI Launches Atlas

Despite significant AI investment, outbound execution has not improved at the structural level. Most AI solutions operate as overlays on the same broken architecture, generating template-based outreach on static or rented data. The stack underneath remained disconnected — and industry reply rates still sit at 0.5%.

Atlas was built to replace that model entirely. Sales teams run the complete outbound workflow — account identification, prospect research, original email generation, cadence structure, and campaign launch — inside one system, powered by live verified intelligence across 600M+ contacts and companies. Every prospect is researched individually. Every email is original. Every campaign is pre-tested across 250,000+ inboxes before a single real email sends, achieving 95% Primary inbox placement. Every sequence is reviewed by a human before going live.

Atlas campaigns deliver open rates above 40% and reply rates above 4% — against an industry average of below 10% and 0.5% respectively. An 8X improvement in the metric that matters most.

For Kapil Khangaonkar, who built Clodura.AI’s intelligence infrastructure over a decade before adding the AI execution layer, the results validate a single thesis: that the verified data foundation underneath — not the AI model on top — is what determines whether outbound works.

Kapil Khangaonkar, Founder and CEO of Clodura.AI, said, “Most AI SDR products generate template variations on top of limited or rented data, sitting on the same architecture that has always existed. Atlas replaces that model. It runs on live intelligence across hundreds of millions of verified contacts, executes the full outbound workflow in one system, and grounds every message in real context. That is what the results reflect.”

ABOUT CLODURA.AI

Clodura.AI is a GenAI-powered Go-to-Market platform, with a database of 600M+ verified contacts. The platform unifies data, intelligence, execution, verification, and deliverability into a single system. Atlas is available now at https://www.clodura.ai/atlas/.

Media Contact

Clodura.AI Communications
marketing@clodura.ai
LinkedIn | X

 

 

Organisations in the US, UK and Germany unprepared for large-scale digital disruption, new study finds

Just one in four organisations respond effectively to real disruption events as governance and ecosystem lag behind compounding risks

LONDON, April 14, 2026 /PRNewswire/ — A new Economist Impact study supported by Telstra International has found that organisations in the United States, the United Kingdom and Germany are materially underprepared for large-scale digital disruption.

The research suggests failures are driven less by technology gaps, than by weak governance, limited coordination and poor visibility beyond organisational boundaries.

The APAC-led, multi-market study, with comparative benchmarks from the three western economies, surveyed over 1,400 senior executives. Just 25% of organisations across all surveyed markets say their responses to digital disruption largely go to plan, while only 21% have a dedicated team responsible for delivering digital resilience initiatives. 

While organisations report progress in modernising systems and strengthening cybersecurity policy, the research shows digital resilience breaking down when disruption extends beyond enterprise suppliers, partners and critical infrastructure.

Ecosystem digital resilience is the weakest link

Confidence drops sharply when disruption involves external dependencies. Fewer than one in five executives in the US (19%) and UK (20%) express confidence in cross-sector collaboration with suppliers and partners during disruption events. Access to skilled talent is similarly constrained, with just 22% of US and 18% of UK respondents citing it as a strength.

By contrast, executives report higher confidence in internal foundations such as cybersecurity planning and regulatory frameworks. Germany leads on policy confidence (70%), while the US (54%) and UK (51%) show solid but less mature confidence levels.

The findings point to a widening gap between internal preparedness and ecosystem-level digital resilience, with siloed information sharing, limited joint testing and weak partner governance undermining response efforts when incidents escalate.

Planning exists, execution fails

Despite widespread planning for digital disruption, execution consistently falls short, with governance and oversight remaining weak.

Across all the surveyed markets, just 27% of organisations say digital resilience plans and strategies are reviewed regularly by boards, and only 38% say those discussions lead to follow-up action. Monitoring is also inconsistent, with more than half of organisations tracking digital risks infrequently or on an ad hoc basis.

Below board level, responsibility for managing digital resilience-building is more often than not focused within a single function, such as IT, rather than shared across the C-suite (confirmed by 47% of respondents).

Legacy technology remains a structural drag

Although most organisations report some degree of system modernisation, legacy infrastructure continues to underpin large parts of operating environments. Around 60% of US and UK organisations, and 54% in Germany, say legacy technology still forms a significant part of their operations, constraining efforts to design digital resilience into systems from the outset.

Progress away from legacy infrastructure also diverges by sector. Just over a third of financial services and IT & technology organisations (36% each) report having modernised most or all of their core systems, compared with 12% in the public sector and 19% among industrial organisations, where deeper legacy dependence and rigid investment models continue to slow progress.

Infrastructure and climate risks remain overlooked

The research also highlights a growing blind spot around physical infrastructure and environmental risk. Just 14% of organisations integrate climate-related risks into digital resilience planning, despite the direct impact of environmental events on power supply, data centres and recovery timelines.

As AI adoption accelerates, pressure on energy and water systems is increasing, and the consequences of infrastructure failure are becoming harder to ignore. Recent large-scale outages caused by extreme weather events underline the vulnerability of communications networks and digital services to non-cyber disruption.

Roary Stasko, CEO of Telstra International said:

“What stands out in this research is not a lack of intent, but a gap between ambition and execution. Many organisations believe they are prepared, yet disruption continues to expose weaknesses in governance, coordination and decision–making, particularly beyond their own walls. In a highly connected digital economy, digital resilience can’t be built in silos. It has to be owned at the top, tested across ecosystems and treated as a core business capability.

“As digital disruption grows in frequency and complexity, strengthening resilience amid operational or cyber risks is becoming a differentiator for organisational stability and competitiveness. At Telstra International, we work closely with government, industry and key partners to stay ahead of emerging threats, with a global network designed with layered digital resilience, proactive monitoring and strong continuity planning to help keep businesses connected and prepared as conditions evolve.”

Charles Ross, Head of Policy and Insights, Asia-Pacific at Economist Impact said:

“Our research shows organisations understand the risks they face, but many have yet to translate that awareness into sustained capability. Digital resilience must be treated as a core business discipline with clear ownership and dedicated resources, not as a periodic IT initiative. That means integrating ecosystem partners into stress testing, shifting from episodic risk reviews to continuous preparedness and ensuring governance keeps pace as technologies such as AI scale”.

For further information and to access the full report, please visit this link.

Methodology
The analysis is based on a late-2025 survey of 1,420 senior executives from large and midsize organisations across 14 markets; Australia, Mainland China, Hong Kong, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan and Thailand, with comparative benchmarks from the United States, the United Kingdom and Germany. Respondent organisations spanned financial services, IT and technology, healthcare, energy and mining, industrials, professional services, and government and public sector.

Respondents included C-suite and senior leaders across IT, cybersecurity, risk, operations and business functions. The survey was also complemented by in-depth interviews with executives across these sectors.

About Telstra International
Telstra International is a trusted digital infrastructure and connectivity partner in Asia Pacific and the global arm of Telstra, a leading telecommunications and technology company with a proudly Australian heritage. Telstra International provides secure and resilient connectivity solutions to meet the growing needs of thousands of technology, enterprise, and wholesale customers.

Telstra International is built by industry experts that bring deep technical expertise, a long history of operating in Asia Pacific and a passion for partnering with customers to help their business grow. Connecting to points of presence in close to 200 countries and territories, Telstra International’s global network leverages more than 30 cable systems spanning over 400,000 kilometres, with access to 38 cable landing stations and licences across Asia, Australia, Europe and the Americas.

For more information, please visit TelstraInternational.com

About Economist Impact 
Economist Impact combines the rigour of a think-tank with the creativity of a media brand to engage a globally influential audience. We believe that evidence-based insights can open debate, broaden perspectives and catalyse progress. The services offered by Economist Impact previously existed within The Economist Group as separate entities, including EIU Thought Leadership, EIU Public Policy, Economist Events, El Studios and SignalNoise.

Our track record spans 75 years across 205 countries. Along with creative storytelling, events expertise, design-thinking solutions and market-leading media products, we produce framework design, benchmarking, economic and social impact analysis, forecasting and scenario modelling. This makes Economist Impact’s offering unique in the marketplace.

Visit http://www.impact.economist.com/ for more information.

Yew Chung Yew Wah Students Secure Offers from World-Leading Universities Including Harvard, Stanford, Oxford, Cambridge, Tsinghua, and Peking University

The Through-Train Education Framework Empowers Students to Receive Over 900 University Offers

HONG KONG, April 14, 2026 /PRNewswire/ — As global universities continue to announce their 2026 admissions decisions, the Yew Chung Yew Wah Education Network (YCYW) is pleased to share the latest achievements of its students. As of April 2026, YCYW’s Class of 2026 has received over 900 offers from leading universities worldwide, spanning the United States, the United Kingdom, the Chinese mainland, Hong Kong SAR, other countries and regions in Asia, and European countries. Institutions from which the students have received offers of admission include Harvard University, Stanford University, the University of Oxford, the University of Cambridge, Imperial College London, Tsinghua University, Peking University, The University of Hong Kong, Korea Advanced Institute of Science and Technology, Parsons School of Design, and other top schools.

YCYW through-train education framework empowers Class of 2026 students to receive over 900 offers from leading universities worldwide, including Harvard University, Stanford University, the University of Oxford, the University of Cambridge, Imperial College London, Tsinghua University, Peking University, The University of Hong Kong, Korea Advanced Institute of Science and Technology, Parsons School of Design.
YCYW through-train education framework empowers Class of 2026 students to receive over 900 offers from leading universities worldwide, including Harvard University, Stanford University, the University of Oxford, the University of Cambridge, Imperial College London, Tsinghua University, Peking University, The University of Hong Kong, Korea Advanced Institute of Science and Technology, Parsons School of Design.

Mr John Liu, Director of Careers and University Guidance and Student Development of YCYW Education Network, stated that, the Class of 2026’s outstanding results for offers of admission reflect not only the students’ sustained personal dedication and academic potential, but also YCYW’ s comprehensive strength in curriculum development, student support, and university guidance.

Through-Train Education System Provides a Solid Foundation for Long-term Development
Dr Esther Chan, Deputy Chief Executive Officer (K-12 Education) of YCYW Education Network, noted, “These results are a powerful validation of YCYW’s through-train education. Many of the students who received these top-tier offers have been with us since their earliest years in Early Childhood Education (ECE), and their success is a direct reflection of the rigorous, nurturing, and consistent educational philosophy that defines our schools from ECE through to Primary and Secondary.”

YCYW focuses on its students’ long-term development rather than short-term outcomes. Within this supportive yet challenging environment, students progressively build confidence, a sense of responsibility, and an inquisitive mindset, laying a solid foundation for their future academic pursuits and lifetime aspirations.

An Experienced Team Guides Students for their Best Fit
In the face of the increasingly complex global admissions landscape, the YCYW Careers and University Guidance Office (CUGO) has played a crucial role in the students’ college admission process. CUGO now has 32 university counsellors across the network. With a counsellor-to-student ratio of 1:12, CUGO is able to offer highly personalised and targeted guidance, ensuring that all students receive advice tailored to their strengths, aspirations, and individual pathway. Mr Liu explained, “What we consistently emphasise is not merely rankings, but the best fit for each student.”

This support begins early in lower secondary, progressively guiding students through career awareness, exploration of interests, selection of subjects, and experiential learning. CUGO also provides comprehensive guidance to both students and their families throughout the university application process. For students applying to highly competitive institutions, such as the US Ivy League and other top US universities, and the UK G5 universities, the CUGO Elite Applications Team provides additional support, helping students to strengthen their personal statements, prepare thoroughly for interviews, and plan strategically. CUGO also includes UK‑based counsellors who maintain close relationships with local higher education institutions, keeping students abreast of the latest admissions developments and insights. For those students applying to more complex international systems, such as in the Republic of Korea, Japan, and elsewhere, CUGO counsellors with expert knowledge of local procedures provide guidance. This year, CUGO has supported students in gaining admission to the Korea Advanced Institute of Science and Technology (KAIST), a leading public research university in the Republic of Korea.

For art admissions, the CUGO team includes university counsellors with extensive experience in admissions and portfolio assessment at leading global art institutions. These specialists provide tailored portfolio guidance to students, and CUGO has established strategic partnerships with numerous prestigious international art schools. For example, students of YWIES Shanghai Gubei have already received offers this year from numerous leading art institutions, including the University of the Arts London; Parsons School of Design, The New School; Pratt Institute and California Institute of the Arts, as well as total scholarships of USD 350,000, demonstrating the tangible impact of professional and career-oriented guidance for art-focused university applications.

Beyond the Classroom, Diverse Programmes Empower Students to Stand Out
In addition to university guidance, YCYW offers students deeper and more challenging learning experiences beyond the classroom through its Seeds for Tomorrow initiatives. These programmes are anchored in real-world problems and cutting-edge fields, providing diverse opportunities through research laboratories, medical immersion programmes, engineering and technology challenges, entrepreneurship incubators, and interdisciplinary research. By such hands-on engagement, students clarify their academic interests and future aspirations. Indeed, many students who have gained admission to the world’ s leading universities first defined their research focus through these Seeds for Tomorrow experiences, and subsequently transformed their learning outcomes into compelling academic highlights in their university applications.

Dr Christopher Hurley, Director of Science, Technology and Educational Futures of YCYW Education Network, remarked, “The Seeds for Tomorrow initiatives are not about ‘packaging application materials in advance’. Rather, the programmes aim to help students develop the capacity for sustained learning and research within authentic contexts. We hope students learn not for the sake of applications, but through genuine problem-solving, scientific inquiry, and interdisciplinary practice, gradually cultivating academic depth and independent thinking. These experiences are not only valuable in university applications; they significantly enhance students’ core competencies and lay a solid foundation for their future studies and research at university.”

The Class of 2026’s university placements reflect the cumulative impact of YCYW’s long-standing commitment to a through-train, seamless educational framework, as well as a systematic approach to student development and university guidance. YCYW will continue to place students at the centre, and nurture young people with global perspectives, strong academic capabilities, and a sense of social responsibility through high-quality teaching, expert university counselling, and forward-looking learning initiatives.

LG ELECTRONICS SHOWCASES INNOVATION AND GROWTH STRATEGY FOR ASIA AT LG INNOFEST 2026 APAC

Company to Highlight Region‑Specific Laundry, Kitchen and Built‑In Solutions,
Along with Its AI Home Vision, for the Asia-Pacific Market

News Summary

  • At LG InnoFest 2026 APAC in Busan, LG Electronics will present its strategy for the Asia‑Pacific market, highlighting how innovation and technology are shaping the future of home living across the region.
  • The showcase will feature a comprehensive range of region‑specific home solutions — including laundry, kitchen and built‑in products — designed to address the unique living conditions and everyday needs of Asian consumers.
  • The event supports LG’s continued growth in Asia by strengthening collaboration with regional partners and outlining the company’s long‑term direction for home innovation, including AI‑powered solutions.

SINGAPORE, April 14, 2026 /PRNewswire/ — LG Electronics (LG) is showcasing its latest products and region‑specific solutions at LG InnoFest 2026 APAC, held in Busan, Korea, from April 7–10. The event marks the grand finale of LG’s 2026 InnoFest series, bringing together more than 200 key partners and media representatives from approximately 20 countries across the Asia-Pacific region to strengthen collaboration and share business strategies.

Under the theme “Innovation, Forward Together,” LG InnoFest 2026 APAC offers a comprehensive look at LG’s latest products and solutions designed around Asian consumers’ lifestyles. Drawing on cultural elements that resonate widely across the region, the exhibition demonstrates how LG applies its K‑Tech innovation to deliver practical, locally relevant home solutions for diverse Asian markets.

A New Generation of Clothing Care Solutions

LG is expanding its laundry portfolio with a full WashTower™ lineup, including a new 25-inch model tailored for Asian homes, alongside existing 24-inch and 27-inch versions. Designed for space efficiency and everyday convenience, the lineup reflects LG’s deep understanding of diverse housing environments across Asia.

New top-load washer models further enhance fabric care and performance, powered by Artificial Intelligence Direct Drive™ (AI DD™) technology that optimizes wash motions based on fabric type and soil level, while TurboWash™ 3D completes a full cycle in under 30 minutes. In addition, an automatic dispenser measures and dispenses detergent for each load, reducing the need for frequent refills.

The new LG WashCombo™ further strengthens LG’s drying solutions as an all‑in‑one model, delivering stable and effective drying through LG’s Inverter HeatPump™ technology. The improved energy efficiency reflects the strong focus on electricity costs among Asian consumers, while an expanded standalone dryer lineup offers a broader range of high‑efficiency options.

LG also offers commercial laundry solutions engineered for high‑frequency, long‑hour operation. Building on more than a decade of semi‑commercial experience, the portfolio features professional‑grade capabilities such as customizable wash programs, open API connectivity, and a service‑friendly front‑access design. Leveraging this expertise, LG will introduce a new commercial washer‑dryer HeatPump Combo that integrates washing and drying in a single unit, enhancing convenience and space efficiency. Global expansion is planned following strong demand in Korea.

Smarter Kitchen Solutions for Every Lifestyle

LG is unveiling refrigerator solutions designed to reflect diverse lifestyles and housing conditions across Asia. The new Fit & Max design features a Zero Clearance Hinge, enabling a seamless built‑in appearance without wasted space against the wall, while maximizing storage capacity in compact kitchens. LG’s advanced Ice Solution addresses the high ice consumption common among Asian consumers, offering four ice options — Craft Ice™, Crushed, Cubed and Mini Craft — suited for everyday use and entertaining.

For faster, more effective dish care, LG’s latest dishwasher features an exclusive one‑hour wash‑and‑dry cycle. QuadWash™ Pro uses four spray arms with high pressure water jets and microbubbles to clean dishes from multiple angles. Dynamic Heat Dry+ enhances drying performance with a moisture-absorbing material to remove humidity and efficiently produce warm, dry air. Notably, A-grade energy efficiency is achieved across key models spanning both premium and volume segments.

For Southeast Asian markets, LG will also introduce a tailored built-in kitchen collection that includes ovens, cooktops and hoods, targeting both B2B and B2C segments. A highlight is the advanced Camera Oven, which uses an internal camera to identify ingredients inside and recommend optimal cooking mode, while monitoring surface color to check when dishes are ideally cooked.

An Immersive Exhibition Experience

For the first time at InnoFest, LG will host live commerce sessions for partners in selected markets, creating a dynamic, interactive sales environment directly from the event floor.

Moreover, attendees can explore three distinct exhibition zones, each representing different home environments across Asia. While the lifestyles showcased reflect diverse regional needs, the spatial designs are inspired by Korean dramas that have gained strong resonance across the region, creating an engaging and familiar experience for partners.

Within these zones, LG brings its AI Home vision to life, demonstrating how intelligent technologies can enhance everyday living with greater convenience. Powered by the AI Home Hub, ThinQ ON™, LG’s AI‑enabled appliances and IoT devices are seamlessly connected and coordinated to deliver intuitive, integrated home experiences. ThinQ ON has already launched in its initial market and is scheduled for a phased introduction across Asia, starting with Australia and Thailand.

As part of its long-term growth strategy in Asia, LG is extending its innovation beyond products through the global expansion of LG Subscribe, a flexible subscription service for home appliances. The company is actively developing this business in key urbanized Asian markets, including Malaysia, Thailand, Taiwan region, Singapore and Vietnam, offering customers both access to appliances and comprehensive product care.

“Asia is one of our most dynamic and important markets, and InnoFest 2026 gives us a valuable opportunity to connect with our partners and share our vision for the future,” said Jaeseung Kim, Regional CEO of LG Electronics Asia Pacific. “Building on our technology innovation, we are advancing AI‑powered home solutions that reflect local lifestyles.”

About LG Electronics Home Appliance Solution Company 

The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers’ quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG’s Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LG.com/global/newsroom/.

CONTACT:

Burson Singapore
E-mail: bursonforlg@bursonglobal.com

Cher Sok Kheng
LG Electronics Singapore
E-mail: sokkheng.cher@lge.com

Shannon Kang
LG Electronics Singapore
E-mail: shannon.kang@lge.com

 

Consumer expo draws global exhibitors keen on China’s vast market


HAIKOU, CHINA – Media OutReach Newswire – 14 April 2026 – The sixth China International Consumer Products Expo (CICPE) kicked off on Monday in Haikou, capital of south China’s Hainan Province, attracting more than 3,400 brands from over 60 countries and regions.

The sixth China International Consumer Products Expo (CICPE) in Haikou, south China's Hainan Province, April 13, 2026. (Xinhua/Guo Cheng)
The sixth China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 13, 2026. (Xinhua/Guo Cheng)

Themed “Opening Up Drives Global Consumption, Innovation Empowers A Better Life,” this year’s expo runs from April 13 to 18. Meanwhile, the 2026 “Shopping in China” International Consumption Season was launched simultaneously.

The sixth CICPE has expanded in scale, with an exhibition area of 143,000 square meters, up 13,000 square meters from the previous edition. International exhibits account for 65 percent of the total, an increase of 20 percentage points from last year. Meanwhile, over 200 new products are expected to make their debut, double last year’s number and spanning fields including healthcare, jewelry and digital technology.

Since its launch in 2021, the CICPE has become an important platform for multinationals to stay abreast of consumer trends in China’s gigantic market, with over 3,800 enterprises and more than 12,000 brands from 92 countries and regions participating over the past five editions.

Canada, this year’s guest country of honor, has organized its largest-ever delegation, with around 40 companies participating in sectors including cosmetics, agricultural products, health products and pet food.

Russia and Bulgaria are among nations setting up national pavilions for the first time, while official delegations from 12 countries and regions, including Switzerland, the Czech Republic and Ireland, are attending the event.

Beyond the main venue in Haikou, a health exhibition area in Hainan’s Boao features 120 international pharmaceutical and medical device companies, while a yacht show in Sanya in the province is hosting over 200 yachts, with international brands accounting for 70 percent.

Committed to building an international, professional, and market-oriented multilateral economic and trade cooperation platform, the CICPE has become a “bridgehead” for high-level opening up. It has attracted over 230,000 domestic and overseas buyers in the five expos to date.

This edition, for the first time, has set up a buyer service center on site, providing exhibitors and buyers with full-process, all-round supply-demand matchmaking services. Additionally, an online supply-demand matchmaking platform has been established, leveraging digital technology to enable one-click matching of needs.

“An estimated 65,000 professional buyers will attend this year’s expo, a 10-percent increase from the previous edition,” said Lu Min, director of the Hainan Provincial Bureau of International Economic Development. “We also plan to hold more than 10 supply-demand matchmaking events to effectively enhance the sense of fulfillment for both buyers and exhibitors.”

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

Full-Process, All-Element Test Run Conducted for 2026 Beijing E-Town Humanoid Robot Half-Marathon


BEIJING, CHINA – Media OutReach Newswire – 14 April 2026 – The 2026 Beijing E-Town Half-Marathon and Humanoid Robot Half-Marathon is scheduled to kick off on April 19. To ensure better preparation for the event, the Beijing Economic-Technological Development Area (BDA), also known as Beijing E-Town, organized a full-process, all-element test run for the 2026 Humanoid Robot Half-Marathon from the night of April 11 to the early hours of April 12. The drill comprehensively simulated core scenarios such as track passage, process scheduling, equipment coordination, and emergency support, serving as a combat-ready exercise to safeguard the official race. Of the registered teams, more than 70 participated in this test, including four international teams, with both autonomous navigation and remote-controlled teams conducting night trials on the course together.

From the night of April 11 to the early hours of April 12, the full-process, all-element test event for the 2026 Beijing E-Town Humanoid Robot Half-Marathon was held in Beijing E-Town. Pictured is a robot running during the test.
From the night of April 11 to the early hours of April 12, the full-process, all-element test event for the 2026 Beijing E-Town Humanoid Robot Half-Marathon was held in Beijing E-Town. Pictured is a robot running during the test.

As the world’s first humanoid robot marathon event brand, this competition has reached new heights in terms of scale, technological innovation, and organizational requirements. Therefore, the drill was conducted to drive a further upgrade in the quality of event preparations.

In terms of scale, the number of participating teams for this year has grown by nearly five times compared to last year, exceeding 100 teams. Covering two major categories—autonomous navigation and remote control—with autonomous teams accounting for nearly 40%, the number of participants, types of technology, and scope of testing have all reached historic highs. Consequently, full-process drills are required to solidify operational links, hone team coordination, and ensure the efficient operation of the event.

Regarding technological innovation, the first large-scale application of autonomous navigation technology has become a major highlight and challenge. In complex and changing environments, robots face difficulties in perceiving and making decisions within intricate surroundings, posing huge challenges to their computing power. At the same time, long-distance running places severe tests on the robots’ endurance, specifically examining their long-range stamina and energy management capabilities. Furthermore, dynamic balance and gait control capabilities are put to the test; robots must maintain dynamic balance at all times. Especially during high-speed running or sharp turns, the requirements for adaptive gait and millisecond-level posture correction are extremely high to prevent falls caused by shifts in the center of gravity.

In terms of regulations, this year’s event has also seen systematic upgrades in five areas: stricter rules on human intervention, more scientific start and movement protocols, clearer scoring and penalty criteria, more standardized supply and equipment management, and tighter safety and emergency procedures.

Facing these numerous challenges, the main purpose of this full-process, all-element test is to conduct technical validation, process refinement, risk prevention, and standard consolidation, ensuring the official race proceeds safely, smoothly, efficiently, and in an orderly manner. This drill, adhering to the standards of “full-process, all-scenarios, and all-elements,” followed the complete official race route of 21.0975 kilometers for the first time. It followed official race timelines, track rules, and support systems, covering two categories of teams (autonomous and remote-controlled), two types of scenarios (urban main roads and eco-parks), and two major segments (technical competition and service support). Through full-chain stress testing, the organizers carried out targeted breakthrough verifications to precisely identify potential issues and optimize procedural details.

The entire event involves a full chain of operations including start-line assembly, track control, battery swapping and resupply, finish-line diversion, emergency containment, vehicle dispatch, timing and judging, and security and medical services. All these must undergo practical drills to identify risks, optimize movement lines, and unify standards. This test comprehensively inspects the stability and reliability of humanoid robot technology, laying a solid foundation for the successful hosting of the official event.

During this test, team positioning was strictly verified and orderly arranged based on technical data submitted by each team, ensuring the process was open, standardized, fair, and orderly. As a realistic pre-race simulation drill, the test focused on process refinement, problem identification, and detail optimization. Test results were for reference only and did not count towards official rankings or race results. At the same time, speed performance and operational data of the teams during the test were within the scope of verification and do not represent their level in the official competition.

Currently, the short-distance speed of robots has improved significantly, and some teams predict that their half-marathon results may approach the level of elite human athletes. As a competition that serves as an extreme test of comprehensive performance and adaptability to complex terrain, the final results are worth looking forward to. On April 19, this human-robot co-running half-marathon will officially kick off, providing more impetus for the development of the robotics industry and accelerating the transition of humanoid robots from the laboratory to real-world applications.

Hashtag: #2026BeijingE-TownHalf-MarathonandHumanoidRobotHalf-Marathon

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