Toku’s proven model for Singapore’s public sector will run on Core42 Sovereign Enabled Public Cloud, the platform behind the Abu Dhabi Government’s sovereign enabled cloud system  

SINGAPORE, Oct. 8, 2026 /PRNewswire/ — Toku Ltd. (SGX: TKU) (“Toku” or the “Company”, and together with its subsidiaries, the “Group”), a Singapore-headquartered AI-powered customer experience (CX) platform, today announced that its UAE subsidiary, Toku Technology L.L.C., has entered into an agreement with Core42, a G42 company specialising in sovereign enabled cloud and AI infrastructure, to host the Toku platform on Core42 Sovereign Enabled Public Cloud in the United Arab Emirates (UAE). The agreement was marked at a signing ceremony in Abu Dhabi on 2 October 2026.

Public-sector bodies and regulated enterprises in the UAE increasingly need customer interactions, recordings and platform data to remain in-country and under local jurisdiction. To support these requirements, Toku has begun onboarding its platform onto Core42 Sovereign Enabled Public Cloud, which combines Microsoft Azure infrastructure deployed within the UAE with Core42 sovereign controls, governance mechanisms, compliance monitoring capabilities and sovereign landing zone architectures, with centralised oversight through the Core42 Insight platform. This provides Toku with the in-country infrastructure needed to support public-sector and regulated customers in the UAE.

Toku also draws on its experience in public-sector deployments in sovereign-controlled cloud environments. Singapore’s Government on Commercial Cloud and Abu Dhabi’s sovereign enabled cloud system share a similar principle of enabling government entities to maintain data sovereignty while harnessing hyperscale innovation. In Singapore, Toku delivered the first large-scale contact centre on that platform, for the Inland Revenue Authority of Singapore (IRAS). It serves the national taxpayer base with AI transcription and summarisation now supporting agents and supervisors. Together with Toku’s UAE subsidiary and its Arabic-language AI partnership with SESTEK, both announced in September 2026, the collaboration further strengthens Toku’s local capabilities in the region.

In March 2025, the Department of Government Enablement – Abu Dhabi (DGE), on behalf of the Abu Dhabi Government, announced an agreement with Microsoft and Core42 to implement a sovereign enabled cloud system. Core42’s cloud environment currently supports more than 47 Abu Dhabi government entities, in line with the Abu Dhabi Government’s ambition to become the world’s first fully AI-native government by 2027. Powered by Microsoft Azure, Core42 Sovereign Enabled Public Cloud provides the sovereign enabled cloud environment through which Toku can apply the technology, deployment experience, and operating standards developed through its work in Singapore to public-sector institutions in the UAE.

Thomas Laboulle, Founder and CEO of Toku, said: “The Middle East shows why we built Toku for complex, fragmented markets, where regulation, language, and infrastructure requirements change from one jurisdiction to the next, and where data residency is not negotiable. In Singapore, our work with IRAS set the standard for how we deliver to government through national scale, government-grade controls, and AI that agents use every day. Abu Dhabi has chosen the path Singapore took, government services on hyperscale cloud, under sovereign controls, and Core42, as part of G42, is building that foundation. This agreement puts Toku’s platform on it, so public-sector and regulated customers can adopt it without compromising on where their data sits.”

Ahmed Labib, VP Partnerships and Ecosystems, Core42, added: “Government contact centres handle large volumes of personal data, and in the UAE that data belongs on sovereign enabled infrastructure. Toku brings a customer experience platform with a track record in Singapore’s public sector. Core42 Sovereign Enabled Public Cloud gives it a home in the UAE, with data residency controls and sovereign governance managed through Core42 Insight. Government entities and regulated industries now have a practical, in-country route to modernise how they serve citizens and customers.”

The agreement supports the Group’s expansion in the Middle East, identified in its Offer Document as one of its principal growth levers, where coverage has grown from two markets to eight since December 2025. It also advances Toku’s “infrastructure without boundaries” approach, enabling customers to deploy the platform across commercial cloud, government and sovereign enabled cloud, private data centres or hybrid environments, according to their regulatory requirements and without dependence on a single cloud provider. The Group is also participating in several public-sector tenders with partners in the region.

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About Toku

Headquartered in Singapore, Toku Ltd. (SGX Catalist: TKU) is a cloud-native, AI-powered customer experience platform purpose-built for enterprises operating in complex, multi-market environments. With deep roots in the APAC region and an expanding global footprint, Toku’s modular 360° CX Platform orchestrates customer interactions across voice, chat, email and digital channels while managing regulatory, linguistic and infrastructure complexity at scale.

Built on end-to-end ownership of its technology stack, from carrier-grade connectivity to AI applications, Toku delivers enterprise-grade security, reliability and deployment flexibility across commercial cloud, private data centres and hybrid environments. Its AI capabilities include transcription, summarisation, sentiment analysis, conversation analytics and governed virtual agents, designed to integrate seamlessly with enterprise systems and customer data.

Trusted by leading enterprises and public-sector organisations, Toku helps organisations streamline operations, scale customer engagement and deliver consistent experiences in fragmented markets worldwide.

For more information about Toku, visit toku.co

About Core42

Core42, a G42 company, empowers individuals, enterprises, and nations to unlock the full potential of AI through its comprehensive enablement capabilities. As a leading provider of sovereign enabled cloud, AI infrastructure, and services, our mission is to accelerate the achievements of others and help them reach their most ambitious goals. We are building the digital backbone that powers AI-native societies. We operate the G42 Intelligence Grid that turns compute into tokens at massive scale and functions as a global factory for manufactured intelligence. These foundations are essential to deploy advanced AI, unlock proprietary data, and drive real outcomes. To learn more, please visit www.core42.ai and follow Core42 LinkedIn, Core42 Instagram and Core42 X.  

Forward-Looking Statements

This press release contains forward-looking statements regarding Toku’s expansion plans and business strategy. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Toku undertakes no obligation to update these statements to reflect subsequent events or circumstances.

Sponsor’s Statement

Toku Ltd. (the “Company”) was listed on Catalist of the Singapore Exchange Securities Trading Limited (the “Exchange”) on 22 January 2026. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). This press release has been reviewed by the Sponsor. It has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release. The contact person for the Sponsor is Ms. Ng Shi Qing, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Integrated Suite of Six Advanced Solutions Elevates Display, Infotainment, Entertainment and Connectivity for a More Seamless, Immersive In-Cabin Experience

News Summary

• LG Electronics is bringing a suite of six advanced in-cabin solutions to the GV90, Genesis’ first full-size flagship SUV, spanning display, infotainment, content and connectivity to support a more seamless and premium in-car experience.
• LG’s variable popup display system – the first of its kind in a Genesis model – and integrated infotainment system for Pleos Connect help deliver an immersive cockpit experience across driving and entertainment scenarios.
• LG ACP expands the GV90’s in-vehicle entertainment and digital services with access to a growing range of streaming and communication offerings, with Zoom, Rakuten TV and HappyKids planned as new additions.
• LG’s second-generation ccRC, eight-inch CTS and CCU 2.0 enhance rear-seat entertainment, vehicle control and connectivity, with CCU 2.0 certified by TÜV Rheinland for compliance with ASIL-D requirements under the ISO 26262 international standard for automotive functional safety.
• LG will continue to advance its integrated in-cabin solutions to help shape the next generation of in-vehicle experiences.

SEOUL, South Korea, Oct. 8, 2026 /PRNewswire/ — LG Electronics (LG), a leader in mobility innovation, is bringing a suite of advanced in-cabin solutions to the GV90, the first full-size flagship SUV from Genesis, the luxury vehicle brand of Hyundai Motor Group. Spanning display, infotainment, content and connectivity, LG’s technologies for the GV90 support a premium in-car experience for drivers and passengers.

This suite of six solutions includes the variable popup display system, integrated infotainment system and LG Automotive Content Platform (ACP), as well as the connected car Rear Cockpit (ccRC) rear-seat entertainment system, console touch screen (CTS) and central communication unit (CCU) 2.0.

Enhanced Cockpit Experience with Variable Display and Integrated Infotainment 
At the heart of the GV90 cockpit is LG’s 24.6-inch variable popup central information display (CID) system, the first of its kind to be deployed in a Genesis model. The display system adapts to the use scenario, adjusting position and viewable area to help make driving more intuitive, and entertainment more immersive and convenient.

When the focus is driving, the display maintains a lower profile with a visible screen of 23.6 inches, uniting the audio, video and navigation (AVN) system and instrument cluster for at-a-glance readability and easy control. For stationary use, the screen rises by an additional 90mm, expanding to a 24.6-inch size for a more immersive range of entertainment content.

Complementing this adaptive display innovation is LG’s integrated infotainment system – embedded in Hyundai Motor Group’s Pleos Connect – which serves as the central hub for the GV90 cockpit. In addition to bringing together the cluster, AVN and head-up display (HUD), it supports the delivery of Pleos Connect OS and Gleo AI voice assistant service. Optimized for the variable popup display system, its user experience (UX) design and graphical user interface (GUI) provide seamless control of various in-vehicle functions.

Expanding the In-Vehicle Content and Digital Services Ecosystem 
Additionally, the Genesis GV90 features LG ACP, delivering content experiences tailored to the in-vehicle environment. The platform gives occupants access to a growing lineup of entertainment and digital services, spanning streaming and communication. Passengers can watch their favorite content on the vehicle’s infotainment display,* from services such as Netflix, Disney+, YouTube, TVING, Baby Shark World for Kids and Haystack News, as well as LG Channels, LG’s free ad-supported streaming TV service. New additions planned for LG ACP include Zoom, Rakuten TV and HappyKids, with availability subject to regional launch schedules.

Enhancing Rear-Seat Entertainment, Convenience and Connectivity
LG’s in-cabin technologies also enhance the GV90 rear-seat passenger experience. The GV90 features the second-generation ccRC, a rear-seat entertainment system equipped with a 13.2-inch, touch-sensitive OLED panel. Integrated with LG ACP, ccRC provides vivid image quality and a range of content and services to help transform the back of the cabin into a private theater or lounge.

An eight-inch CTS further elevates convenience by serving as a touch-based control interface for diverse vehicle functions, including HVAC, doors, seats, lighting, media and massage. CTS also features haptic feedback and supports cybersecurity capabilities and over-the-air (OTA) updates.

Behind these experiences is LG’s CCU 2.0, an integrated control unit that enables communication between the GV90’s key electronic control units (ECUs) and connectivity to external networks. It supports essential vehicle services, including remote control and OTA updates, and has obtained certification from TÜV Rheinland, a global testing, inspection and certification agency, for compliance with ASIL-D requirements under the ISO 26262 international standard for automotive functional safety.

Advancing Integrated In-Cabin Experiences 
The LG technologies featured in the GV90 demonstrate how the company’s expertise extends across multiple areas of the cabin, from cockpit and rear-seat infotainment to vehicle control and connectivity. The deployment underscores LG’s growing role in supporting global automakers to deliver next-generation vehicle environments.

“By combining our capabilities in display, infotainment, content platform and vehicle control technologies, we are helping provide more seamless and intuitive experiences for drivers and passengers,” said Eun Seok-hyun, president of the LG Vehicle Solution Company. “We will continue to advance our integrated in-cabin solutions to help shape the future of in-vehicle experiences.”

About LG Electronics Vehicle Solution Company
The LG Vehicle Solution Company (VS) is bringing LG’s unique mobility innovations to the automotive industry. As a trusted and innovative partner, the company provides intelligent solutions including head units, displays, connectivity, ADAS vision systems, and software solutions integrating human-centered AI and automotive engineering into the modern AI/software-defined vehicle. Committed to “Driving better future mobility,” the company has diversified its portfolio to further strengthen its capabilities, including automotive lighting systems, e-powertrain and cybersecurity. For more information, visit www.LG.com/global/mobility. To stay updated with the latest news, subscribe to the LG mobility newsletter, LG Loop at www.LG.com/global/mobility/newsletter and follow the LG VS Company LinkedIn channel at www.linkedin.com/company/lgvehiclesolution.

This year’s survey explores how high-net-worth collectors begin building their collections, highlighting the influence of family, rise in younger generations’ purchasing activity, evolving attitudes toward privacy, and the growing use of digital and AI-enabled tools for researching their purchases

HONG KONG, Oct. 8, 2026 /PRNewswire/ — The Art Basel and UBS Survey of Global Collecting 2026 by Arts Economics, reveals fresh insights into the evolving behaviors and motivations of high-net-worth (HNW) collectors. Conducted by Arts Economics in collaboration with UBS, the survey draws on responses from 3,100 HNW individuals across 10 key markets: the US, UK, Mainland China, Hong Kong SAR, France, Australia, Germany, Japan, Brazil and Singapore.

Dr Clare McAndrew, Founder, Arts Economics: “This research let us look beyond what high-net-worth collectors buy to how they use their collections and what really matters to them about owning art. Attitudes towards privacy and access varied widely, challenging some established assumptions. Many purchases are driven less by the conspicuous consumption traditionally linked to the market than by a desire to build connections within close networks, where status comes less from price than from rarity, provenance, originality, and discovery. Restricting access does not remove a collection’s signaling power; exclusivity can be part of the signal. Perhaps surprisingly, the youngest collectors were the most private, both in person and online. Gen Z collectors were the least likely to share details of their collections publicly online, preferring invitation-only spaces, with privacy central to their personal and cultural identity.” 

Adrian Zuercher Adrian Zuercher, Co-Head Global Asset Allocation, Co-Head Global Investment Management APAC, UBS Global Wealth Management CIO: “The Art Basel and UBS Survey of Global Collecting 2026 by Arts Economics reveals a highly engaged and increasingly informed collector base across Asia. Mainland China recorded the highest buying intentions of any market surveyed, with 53% planning to acquire art over the next year, with high shares also found in Singapore (48%) and Japan (41%). Collectors in Mainland China, Hong Kong SAR and Singapore are among the most research-driven and advice-oriented globally, highlighting the growing sophistication of collecting across the region.”

Key findings of the survey:

• Gen Z emerges as the highest-spending generation of HNW collectors: In 2025 and the first half of 2026, Gen Z spent more on fine art than any other generation surveyed, with spending levels more than twice as high as those of older generations. Gen Z also made up nearly half of all collectors buying artworks priced above USD 1 million in 2026.
• Family remains an important foundation for collecting: The survey offers the first dedicated analysis of how HNW collectors begin building their collections and finds that family is the most common route to starting a collection. While 28% of collectors reported family as their primary route into collecting, the share rose significantly to 40% among Gen Z. Almost 90% of Gen Z collectors who inherited works retained them, underscoring the enduring role of family legacy in shaping collections across generations.
• Uniqueness and rarity stands out as the leading priority in owning art: Across generations, uniqueness and rarity ranked as the most important aspects of ownership (43%), ahead of owning works respected by experts (23%) or owning something admired in collector circles (22%). Uniqueness mattered more to Gen Z collectors (48% versus 38% of Baby Boomers).
• Collectors have become strongly research-driven in their purchasing decisions: 72% of HNW collectors conducted moderate or significant independent research before purchasing art, up from 62% in 2025, and  rising to 80% among Gen Z collectors.
• Digital sources and AI-enabled research tools continue to gain ground: 58% of HNW collectors used online resources for advice and recommendations, while the use of apps and AI tools rose to 22%, up from 4% in 2024.
• Collectors continue to diversify their interests across art and collectibles: Fine art accounted for 33% of total spending across art and collectibles categories in 2026. Gen Z collectors were the highest spenders across virtually every category and, together with boomers, displayed the broadest collecting interests, with 42% of Gen Z collectors and 39% of Baby Boomers purchasing across at least two additional collecting categories outside of fine and decorative art in the last year.
• Philanthropy and legacy planning remain important priorities: The report found that 23% of HNW collectors said they planned to donate works to museums in the coming year, while many others said they intended to support artist prizes, residencies, foundations, or private museums. Family legacy continues to play a central role in both building and preserving collections, with many collectors focused on passing collections to future generations.  

Links
www.ubs.com/artmarket

About UBS and contemporary art
Global Lead Partner of Art Basel, UBS has a long history of supporting contemporary art and artists. UBS seeks to advance the international conversation about the art market through its global lead partnership with Art Basel, and as co-publisher of the Art Basel and UBS Global Art Market Report and the Art Basel and UBS Survey of Global Collecting. UBS also supports some of the world’s most important arts institutions, events, and fairs. The firm also has one of the world’s most significant corporate collections of contemporary art. The UBS Art Advisory supports the firm’s UHNW and family offices clients with impartial advice across the lifecycle of collecting.

About UBS
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 7.3 trillion dollars of invested assets as per the second quarter 2026. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
www.ubs.com/media