London, United Kingdom – Newsfile Corp. – September 19, 2024 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), today announced the completion of its purchase of over 1.1 million shares as part of its recently launched share buyback programme. With over $40 million in unrestricted cash, Gorilla will continue to look for opportunities to purchase additional shares, reaffirming its belief that the company’s stock remains substantially undervalued.
“We believe that Gorilla Technology’s shares are grossly undervalued and this buyback reflects our unshakable confidence in the company’s future. Our strong balance sheet allows us to act nimbly and decisively, in optimising shareholder value while maintaining focus on driving our core business objectives,” said Jay Chandan, Chairman and CEO of Gorilla Technology.
The company remains laser-focused on delivering value and growth, with several key areas of strength
Aggressive Business Expansion: Gorilla is executing an assertive expansion strategy, making strides across multiple regions and sectors. By turning its strong pipeline of opportunities into a growing backlog for 2025, the Company is positioning itself for sustained growth. Recent wins, such as our two contracts in Taiwan and in Colombia, demonstrate our ability to convert potential opportunities into tangible results.
Financial and Operational Excellence: Gorilla is committed to maintaining robust margins, stable cash flow and aggressive growth, allowing the company to capitalise on new opportunities while reinforcing its leadership position in AI-powered cybersecurity and data intelligence.
Laser Focus on Cash: Gorilla remains unwavering in its focus on cash generation, both from existing contracts and the pipeline of future opportunities. We are committed to building a substantial war chest to fuel future growth and maintain financial flexibility. This proactive approach not only empowers Gorilla to seize new business opportunities but also enables us to execute shareholder-friendly initiatives with confidence. By ensuring robust liquidity, we are well-positioned to drive sustainable expansion while delivering tangible value to our shareholders.
Protecting Shareholder Value: In light of recent suspicious trading activity involving Gorilla shares, the company is closely monitoring the situation. Should any evidence of illegal market manipulation emerge, Gorilla will act swiftly and decisively in coordination with regulatory authorities to protect the interests of its shareholders.
“We are relentless in our pursuit of value creation and growth for our shareholders. Our buyback programme is just one example of the decisive actions we are taking to address the clear undervaluation of our stock. As we continue to strengthen our financial position and expand our market footprint, Gorilla Technology is positioned for substantial success moving forward,” added Chandan.
Gorilla Technology remains committed to delivering exceptional results and growth for its investors. The company anticipates reporting its 1H results before September 30th, with further updates on business strategy and market performance to follow.
About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.
Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.
This press release contains forward-looking statements, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. Gorilla does not undertake any obligation to update any forward-looking statements, except as required by law.
Investor Relations Contact: Dave Gentry RedChip Companies, Inc. 1-407-644-4256 GRRR@redchip.com
The issuer is solely responsible for the content of this announcement.
4 Cute Glass Food Containers Arrive at 7-Eleven to Make Mealtimes Special Plus, a 7-Eleven Online Exclusive: Pre-order the Limited Edition mofusand X Hangyodon Design And 3 More Must-Have Items: 2-in-1 Neck Pillow & Eye Masks, Cosy Cat Wrap Towels and a Plush Pencil Case
HONG KONG SAR & MACAU SAR – Media OutReach Newswire – 19 September 2024 –Following the overwhelming success of our “A Cat-tastic Collaboration” collectible programme featuring the adorable Cuddly Cat Plushies + Meowtastic Mini Jars launched in late August, as well as the free Fabric Stickers available exclusively on Keeta, 7-Eleven is thrilled to announce the second wave of mofusand and Sanrio character merchandise! Get ready to add even more cuteness to your meals with 4 limited-edition mofusand X Sanrio characters Glass Food Containers. These charming containers feature mofusand dressed as your favourite Sanrio characters, bringing a touch of fun and warmth to your everyday dining.
These four mofusand X Sanrio characters Glass Food Containers each feature mofusand dressed as a different beloved Sanrio character, including Cinnamoroll (ranked #1 in both Hong Kong and globally in the 2024 Sanrio Character Ranking), Kuromi (ranked #2), Hello Kitty and My Melody, for double the cuteness! The food containers are designed with the signature colours of each Sanrio character, and the lids feature simple yet stylish patterns of mofusand and the corresponding Sanrio characters. Both the lid and the container are made of food-grade borosilicate glass. The container is heat resistant up to 180°C, and the lid is heat resistant up to 100°C. Simply pull up the vent plug to microwave the container safely. With the lid on, it can also be stored in the refrigerator, making it perfect for everything from salads and desserts to reheating leftovers! The glass container also has a non-stick coating for easy cleaning.
The design of these containers is truly special. The two-tone colour scheme for the lid and container creates a stylish and textured look. The glass lid features mofusand wearing the Sanrio character headgear, along with the corresponding Sanrio character plush, cute paw prints and character symbols. The lid is also lined with silicone on all four sides for a secure seal, preventing spills and making it safe to carry around. The container has small handles on both sides for easy handling, especially after heating food. The lid features a cat paw-shaped silicone vent plug. Before closing the lid, gently pull up the vent plug, then press it down after closing the lid to remove some air from the container. Simply pull up the vent plug, and you can microwave the container with the lid on, making reheating a breeze. It’s perfect for office workers and students who bring their own lunch!
7-Eleven Pre-order Online Shop Exclusive! Limited Edition mofusand X Hangyodon Glass Food Container Bento Set
Attention, all Hangyodon fans! In addition to the four designs mentioned above, 7-Eleven is launching an exclusive limited edition mofusand X Hangyodon Glass Food Container Bento Set, available for pre-order only through the 7-Eleven Pre-order Online Shop. No need to collect stamps or use yuu Points for this Hangyodon Glass Container. Simply pre-order it on the 7-Eleven Pre-order Online Shop from 7am on 16 September to 8 October for $138. You’ll receive one mofusand x Hangyodon Glass Food Container and a 7-SELECT Premium/Superior Onigiri Voucher (redeemable for two onigiri). No blind box surprises here – the Hangyodon Glass Food Container is yours for the taking!
Pick-up dates are from 1 to 21 October 2024. Quantities are limited, while stocks last. Don’t miss out! Head to the 7-Eleven Pre-order Online Shop (https://www.7-eleven.com.hk/) (link TBC) and pre-order now!
The full mofusand X Sanrio characters Glass Food Container series will also be available at 7-Eleven stores from 11 September. Quantities are limited, so mofusand and Sanrio fans, get ready to bring them home and make your meals even more enjoyable!
mofusand X Sanrio characters Glass Food Container Product Details:
1. mofusand X Cinnamoroll Glass Food Container
Cinnamoroll, with his fluffy white fur and long ears, is a fan favourite, taking the top spot in both Hong Kong and globally in the 2024 Sanrio Character Ranking! This cute glass food container features mofusand wearing Cinnamoroll’s headgear and lying flat on their belly, showcasing their cute little paws. The container’s beige colour goes perfectly with the light blue silicone trim on the lid, which is decorated with a picture of Cinnamoroll, paw prints and fluffy clouds. It’s sure to bring a smile to your face!
2. mofusand X Kuromi Glass Food Container
mofusand, sporting the headgear of cheeky and playful Kuromi, is joined by a Kuromi plush toy for a cute stroll. The lovely lavender-coloured container with purple silicone lid trim is decorated with paw prints and Kuromi’s signature skull motifs, making it a must-have for fans.
3. mofusand X Hello Kitty Glass Food Container
The white container contrasts beautifully with the bright red silicone trim on the lid. mofusand, wearing Hello Kitty’s iconic bow, rests playfully on top of a Hello Kitty plush, winking cheekily for an extra dose of cuteness. The glass lid is adorned with paw prints and bows, adding a touch of cheer to every meal. Bring this delightful container home today!
4. mofusand X My Melody Glass Food Container
mofusand makes an adorable appearance wearing My Melody’s headgear, accompanied by a sweet My Melody plushie. The container and lid feature contrasting shades of pink, sure to delight anyone with a love for all things cute and girly.
mofusand X Sanrio characters Glass Food Containers Promotion Details: Stamp Collection Period: From now until 8 October 2024, customers will receive 1 stamp for every $20 spent at 7-Eleven stores*. An additional stamp will be given for every $10 spent thereafter.
Glass Food Container Redemption Details: From 16 September (7am) to 11 October 2024, collect 8 stamps and add $65 to redeem 1 random mofusand X Sanrio characters Glass Food Container. All products are pre-packaged and randomly selected; customers cannot choose specific styles. Each customer can redeem a maximum of 4 Glass Food Containers per day. For redemptions exceeding 4 containers, arrangements can be made for ordering. The pick-up date will depend on stock availability; please inquire with the store staff for details. Images are for reference only; actual product sizes may vary.
Exclusive yuu Member Offer: Promotion period: From 16 September to 8 October 2024. Redemption period: From 16 September (7am) to 11 October 2024. Redeem 1 random mofusand X Sanrio characters Glass Food Container with 8,800 yuu Points + $55. Each customer can redeem a maximum of 4 Glass Food Containers per day. For redemptions exceeding 4 containers, arrangements can be made for ordering. The pick-up date will depend on stock availability; please inquire with the store staff for details. Images are for reference only; actual product sizes may vary.
5. [7-Eleven Pre-order Online Shop Exclusive – Limited Edition] mofusand X Hangyodon Glass Food Container Bento Set
The super-popular Hangyodon is coming to 7-Eleven! This food container has a unique design with an cool aquamarine silicone trim. Unlike other designs, mofusand is dressed head-to-toe in Hangyodon’s outfit, and it’s beyond cute. Hangyodon’s innocent expression will be sure to make you smile!
7-Eleven Pre-order Online Shop Exclusive – Limited Edition mofusand X Hangyodon Glass Food Container with 7-SELECT Premium/Superior Onigiri Bento Set:
From 16 September to 11 October 2024, you can exclusively pre-order 1 mofusand X Hangyodon Glass Food Container with 1 7-SELECT Premium/Superior Onigiri redemption voucher on the 7-Eleven Pre-order Online Shop for $138. Each voucher can be redeemed for 2 Premium or Superior Onigiri. Pick-up period: From 1 October (7am) to 21 October 2024. Each transaction is limited to 1 Glass Food Container. Quantities are limited, while stocks last.
Product Dimensions:
Approx. 18cm length x 12cm width x 5cm height
Capacity: Approx. 800ml
WARNING:
This product is intended for food storage and is not a toy. Not suitable for children under 4 years old.
Children should use this product under adult supervision.
CAUTION:
Open the vent valve when heating in a microwave.
Avoid extreme temperature changes to prevent the glass from shattering.
Stop using this product if it is cracked or damaged to prevent injury.
Suitable for microwave and oven use (180°C or below, excluding the lid).
Not suitable for use on open flames or induction cooktops. Keep away from heat sources.
When the product contains hot food or has been heated (40°C or above), avoid direct contact with the exterior glass to prevent burns.
Keep the product out of reach of children when it contains hot food or has been heated.
Do not place the product directly in the freezer or pour boiling water into it.
Do not overfill with hot food to avoid burns.
Do not use abrasive materials or corrosive cleaning agents.
Handle the glass with care. Do not drop, knock or bump it.
Do not strike or hit the product with metal or hard objects (like ice) to avoid breakage.
Slight colour variations in the pattern are normal.
This product meets US FDA food contact requirements.
*The container can be heated up to 180°C, but the lid should not be heated above 100°C.
USE AND CARE:
Wash thoroughly before first use.
Do not place directly in the freezer or pour boiling water into it.
Do not overfill with hot food to avoid burns.
Do not use abrasive materials such as steel wool, scouring pads or corrosive cleaning agents.
Handle the glass material with care. Do not drop, knock or bump it.
Do not strike or hit the product with any metal or hard objects (like ice) to avoid breakage.
More Must-Have Items! mofusand Becomes Your Travel Buddy with a 2-in-1 Neck Pillow & Eye Mask
Do you love to travel but long for a good night’s sleep on the go? Then this 2-in-1 Neck Pillow & Eye Mask is your new best friend! Featuring mofusand dressed as your favourite Sanrio characters Kuromi and Hello Kitty, this cleverly designed product is compact and easy to use with its zippered storage. Unzip it and you have an eye mask that fits snugly against your face, blocking out light so you can rest easy. The soft and breathable material provides ultimate comfort. At the same time, the fluffy pillow offers excellent head support, making it lighter and less bulky than traditional travel pillows. Plus, it folds up into a cute mofusand plushie with a clip so you can easily attach it to your bag. Get ready for comfy travels with mofusand and Sanrio characters by your side!
Wrap Yourself in Comfort with a Cosy Cat Wrap Towel
Mofusand turns into a cute Cosy Cat Wrap Towel wearing Kuromi or Hangyodon’s headgear. Each set comes with a soft microfibre towel featuring one of these characters. Wrap the towel around the plushie to make it look like a cosy cat in a blanket! The towels are thick but lightweight, absorbent, quick-drying and easy to clean. They even have a loop for hanging. You can also take the towel off the plushie to wash it. Use the towel in the bathroom or kitchen, and display the plushie at home or work. Fans will love it!
Cute and Functional: The Plush Pencil Case Joins the Lineup!
Mofusand, wearing Kuromi’s headgear, turns into a cute plush pencil case! It’s big enough to hold all your pens, pencils and other small things like makeup and tissues. mofusand’s adorable face will be sure to brighten up your day at work or school!
Need a quick nap while travelling? These compact and convenient mofusand X Sanrio characters 2-in-1 Neck Pillow & Eye Masks are perfect for catching some Zzz’s on the go. The Kuromi version features a pink skull pattern and folds into a cute mofusand plushie, while the Hello Kitty version has a red bow and folds into a winking mofusand plushie. Both eye masks block out light, and the soft pillows provide great neck support, making your journey comfy and relaxing.
Product Dimensions:
Folded: Approx. 23cm height x 17cm length
Open: Approx. 11cm height x 21cm length
WARNING:
We are not responsible for any damage caused by improper use.
This product is not a toy. Not suitable for children under 4 years old.
Children should use this product under adult supervision.
USE AND CARE:
Keep away from fire and heat sources to avoid fire or damage.
Ensure the product is completely dry before storing in a cool, dry place.
Slight colour variations in the pattern are normal.
mofusand X Sanrio characters 2-in-1 Neck Pillow & Eye Mask Redemption Details: From 16 September (7am) to 11 October 2024, any purchase# at participating 7-Eleven stores^ plus $99 allows you to redeem 1 mofusand X Sanrio characters 2-in-1 Neck Pillow & Eye Mask. Customers can choose their preferred style. Limited quantity, while stocks last. Images are for reference only; actual product sizes may vary.
Exclusive yuu Member Offer: Promotion period: From 16 September (7am) to 11 October 2024. Redemption period: From 16 September (7am) to 11 October 2024. Redeem 1 mofusand X Sanrio characters 2-in-1 Neck Pillow & Eye Mask with 8,000 yuu Points + $55. Customers can choose their preferred style. Limited quantity, while stocks last. Images are for reference only; actual product sizes may vary.
mofusand X Sanrio characters Cosy Cat Wrap Towel Product Details:
mofusand is simply irresistible dressed up as the popular Sanrio characters Kuromi and Hangyodon! The Kuromi towel is a mix of edgy black and grey with cute pink paw prints and Kuromi’s signature skull. The calming aquamarine blue Hangyodon towel is decorated with a playful circular pattern. These Cosy Cat Wrap Towels are the perfect combination of cute and practical – the towel part detaches from the plushie for easy use and washing! You can keep the soft plushie with you at all times and hang the towel in the bathroom or kitchen!
Product Dimensions:
Towel: Approx. 33cm length x 33cm width
Plushie: Approx. 16cm
WARNING:
We are not responsible for any damage caused by improper use.
This product is not a toy. Not suitable for children under 4 years old.
Children should use this product under adult supervision.
USE AND CARE:
Keep away from fire and heat sources to prevent fire or damage.
Ensure the product is completely dry before storing in a cool, dry place.
Slight colour variations in the pattern are normal
mofusand X Sanrio characters Cosy Cat Wrap Towel Redemption Details: From 16 September (7am) to 11 October 2024, any purchase# at participating 7-Eleven stores^ plus $75 allows you to redeem 1 mofusand X Sanrio characters Cosy Cat Wrap Towel. Customers can choose their preferred style. Limited quantity, while stocks last. Images are for reference only; actual product sizes may vary.
Exclusive yuu Member Offer: Promotion period: From 16 September (7am) to 11 October 2024. Redemption period: From 16 September (7am) to 11 October 2024. Redeem 1 mofusand X Sanrio characters Cosy Cat Wrap Towel with 8,000 yuu Points + $30. Customers can choose their preferred style. Limited quantity, while stocks last. Images are for reference only; actual product sizes may vary.
mofusand X Sanrio characters Plush Pencil Case Product Details:
3. mofusand x Kuromi Plush Pencil Case
At first glance, it looks like a cute mofusand plushie wearing Kuromi’s headgear and relaxing on your desk. But surprise! It’s actually a plush pencil case! Its short little limbs make it even more adorable. Made from soft plush fabric, this furry pencil case features a zippered opening for easy access. Kids will love taking it to classes or activities, with mofusand and Kuromi by their side. It’s also perfect for storing small items and keeping your everyday essentials organised.
Product Dimensions:
Approx. 16cm
WARNING:
We are not responsible for damage caused by improper use.
This product is not a toy. Not suitable for children under 4 years old.
Children should use this product under adult supervision.
USE AND CARE:
Keep away from fire and heat sources to prevent fire or damage.
Ensure the product is completely dry before storing in a cool, dry place.
Slight colour variations in the pattern are normal.
mofusand X Sanrio characters Plush Pencil Case Redemption Details: From 16 September (7am) to 11 October 2024, any purchase# at participating 7-Eleven stores^ plus $85 allows you to redeem 1 mofusand X Sanrio characters Plush Pencil Case. Limited quantity, while stocks last. Images are for reference only; actual product sizes may vary.
Exclusive yuu Member Offer: Promotion period: From 16 September (7am) to 11 October 2024. Redemption period: From 16 September (7am) to 11 October 2024. Redeem 1 mofusand X Sanrio characters Plush Pencil Case with 8,000 yuu Points + $40. Limited quantity, while stocks last. Images are for reference only; actual product sizes may vary.
* Transactions at Inspiration Lake Recreation Centre, Team Disney Building, and food kiosks inside Hong Kong Disney Resort are excluded.
#Eligible spending excludes purchases of 7-Eleven Pre-order products, yuu Pre-order products, cigarettes, milk powder (all types), diapers, redemption items under stamp promotions, online game cards, mobile phone top-up cards/SIM cards/value coupons, Octopus cards/products, Macau Pass cards/products, gift cards, prepaid cards, admission tickets/tickets/stamps of any kind, plastic shopping bag charges, and other service items. (Other service items include but are not limited to the last 10 Octopus transaction records printing, prepayment, e-coupons, bill payment, donations, value-added services (including but not limited to Octopus, Macau Pass/MPay, Alipay, WeChat Pay, “Tap & Go”, TNG and other e-wallets), fax and photocopying services, mobile phone charging services, parcel pick-up and return services, lockers, parking fee payment, Inspiration Lake activities, self-service laundry services, etc.) For more details, please visit our website.
LONDON, UNITED KINGDOM – Media OutReach Newswire – 19 September 2024 – Dusit Central Park, a complete mixed-use development in Bangkok’s Super Core CBD, the newest project among Thailand’s Top 5 Tallest Buildings, has made its international showcase at the CTBUH 2024 International Conference in London – Paris. The project is developed in partnership with Dusit Thani Public Company Limited, Thailand’s leading hospitality and real estate development company and Central Pattana Public Company Limited, Thailand’s largest and most sophisticated retail property developer. This iconic land is set to redefine Bangkok’s landscape with its innovative design and luxurious lifestyle.
Dusit Central Park
Highlighting the project’s significance at the conference, Ms. La-ead Kovavisaruch, CEO of Vimarn Suriya Company Limited, the developer of Dusit Central Park, discussed the transformation of the historic Dusit Thani Hotel, a Bangkok icon for over 50 years, into a modern urban landmark under the topic of “From Legend to Future: Transforming a Legacy into a Market-shaping Development”. The new development showcases exceptional architectural with Thai essence and gracious hospitality, while embracing a forward-looking vision with new diverse elements, resulting in a never-seen-before mixed-use development that merges ingenious design, unrivalled connectivity and exceptionally rewarding lifestyle experiences together in one unique location.
“Dusit Central Park is more than just a property development. It represents a major leap in reestablishing the company’s prominence in Bangkok’s skyline, honoring the original Dusit Thani Bangkok, once the city’s tallest building in 1970. Set to become an iconic global landmark, Dusit Central Park showcases modern architecture and Thai hospitality, drawing international attention to Bangkok’s evolving cityscape.”, Ms. Kovavisaruch emphasized.
The development features four elements: Dusit Thani Bangkok, Central Park Retail and Offices and Thai-branded Dusit Residences showcasing craftsmanship and quality materials. All impeccably designed homes include 5-star facilities and services provided by Dusit Thani. Residents enjoy peaceful privacy, stunning Lumpini Park views, and access to an expansive 11,200-square-meter Roof Park connecting all four buildings, creating a Bangkok oasis in the heart of the city.
Dusit Central Park, built on a 9.1-acre plot with an investment exceeding 46 billion baht, is poised to become a world-class landmark that will set a new standard for future mixed-use developments. It will attract global attention as it transforms the city’s most historic area into a vibrant hub of modernity and tradition.
The issuer is solely responsible for the content of this announcement.
About Dusit Central Park
The Dusit Central Park project is a real estate development venture between Dusit Thani Public Company Limited and Central Pattana Public Company Limited. The project’s total value is 46,000 million Baht, aimed at developing a 23-rai area located in the heart of Bangkok’s central business district at the corner of Silom and Rama 4 Road, opposite Lumpini Park. The project includes hotels, residential buildings, office towers, and a shopping center. The rooftop park – a large 7-rai (11,200 sq.m.) green space – serves as a special green area for public use. Currently under construction, the project is expected to be completed and open the 1st phase for service in the 3rd quarter of 2024.
MOU signing ceremony for the Project: "Laos Communities Tackle Poverty and Biodiversity Loss for Sustainable Development" on 16 September. (Photo Credit: Khammouane News)
The forestry authorities in Khammouane have launched a new project to protect biodiversity and reduce poverty across the province. The initiative will engage 600 farmers from three districts to help improve livelihoods and restore local forests.
Newly appointed CEO Henry Shin strengthens leadership team and expands wealth management offerings tailored to the region’s fast-growing mass affluent population
HONG KONG SAR – Media OutReach Newswire – 19 September 2024 – WRISE Prestige, an affiliated company of WRISE Group, today announced its renewed commitment to meeting the evolving needs of the growing mass affluent base through the strengthening of its leadership team in Hong Kong. The company has appointed Henry Shin as WRISE Prestige’s new CEO, who will lead the day-to-day operations of this business, while spearheading innovative wealth management products and services tailored to the needs of the mass affluent segment.
The mass affluent market in Asia continues to undergo a transformative shift, driven by the rise of the Asian middle class and significant inter-generational wealth transfers.
China’s mass affluent households alone are forecasted to rise to 162 million by 2030, according to Statista.
This region’s rising affluence has vastly deepened WRISE’s commitment to serving this group by enhancing the leadership team, and providing exclusive opportunities for direct investments, mirroring advantages enjoyed by WRISE Group’s existing ultra-high-net-worth clients.
CEO Henry Shin, a wealth management industry veteran who brings over 26 years of experience, will lead the growth of WRISE Prestige. He takes over the CEO responsibilities and day-to-day operations from Jowin Fung, who will now focus on his current role as Vice Chairman. Both will report to Stephen Yan, Chairman, WRISE Prestige.
Together, they will lead a growing team of 180 independent wealth consultants supported by 40 investment and support function colleagues in a new 17,000 sq. ft Hong Kong office, centrally located at Lee Garden for optimal client access.
“Joining WRISE Prestige at this transformative time is truly exciting,” said Henry Shin, CEO, WRISE Prestige. “The expanding mass affluent segment presents a tremendous opportunity, and I look forward to leading our growing team in delivering exceptional wealth management solutions tailored to this segment’s evolving needs. Our strategic expansion across Asia Pacific also underscores our dedication to providing personalised, high-quality service to our clients.”
“Our strategic focus on expanding our team to better serve the growing mass affluent segment is a cornerstone of our broader mission to build a 360 wealth management ecosystem that caters to the diverse financial aspirations of clients at every stage of their wealth journey,” said Stephen Yan Chairman of WRISE Prestige. “I am confident of Henry’s proven track record to lead WRISE Prestige in meeting the sophisticated needs of a dynamic client base and enabling us to become the leading wealth management partner for the mass affluent segment in the region.”
As WRISE Prestige continues to build momentum, clients can expect more innovative offerings, complemented by the WRISE Academy, which is designed to enhance the capabilities of independent wealth consultants and industry partners through comprehensive training programmes. It also aims to educate and guide clients, empowering them to actively participate in their wealth management journey, while gaining valuable insights into actionable wealth management strategies.
Hashtag: #WRISE #WRISEPrestige #wealthmanagement
The issuer is solely responsible for the content of this announcement.
About WRISE Prestige
WRISE Prestige is one of the affiliated companies under WRISE Group and operates three specialised subsidiaries, authorised by the Securities and Futures Commission of Hong Kong and/or the Insurance Authority: WRISE Prestige Securities Limited, WRISE Prestige Asset Management Limited and WRISE Financial Services Limited.
Its tailored solutions ensure autonomy, unparalleled price transparency, and exclusive direct investment opportunities, allowing clients to enjoy investment opportunities that are typically only extended to ultra-high-net-worth individuals.
Leveraging its wide network of partners, WRISE Prestige delivers comprehensive wealth management solutions such as family office services, corporate financing, external asset management, multi-asset allocation, alternative fund investment, trust services, global fund setup services, local and overseas property investments, and investment immigration consultations.
HONG KONG SAR – Media OutReach Newswire – 19 September 2024 – Despite recent data indicating the Hong Kong economy is improving; many businesses remain cautious. To encourage more investment to boost the economy, it remains important the Hong Kong Government announces further reforms in the upcoming Policy Address to sustain the city’s international position.
Mr Cliff Ip, Divisional President of CPA Australia 2024 in Greater China
CPA Australia, one of the world’s largest professional accounting bodies with a large and long-term presence in the SAR, has today made a submission to the upcoming Policy Address.
In the submission, CPA Australia proposes several policy measures that focus on five major themes, reinforcing Hong Kong’s role as an international financial hub, developing the city into an international innovation and technology (I&T) centre, promoting environmental, social and governance (ESG) measures, developing, attracting and retaining talent, and boosting the domestic economy.
Mr Cliff Ip, Divisional President of CPA Australia in Greater China 2024, said, “As an international financial hub, Hong Kong should capitalise on its strengths to continue attracting foreign investment, ensuring its sustained vitality and global competitiveness.”
Earlier this year, the government launched the new Capital Investment Entrant Scheme (CIES) to support the local economy. Mr Ip said “To further encourage inbound investment, we recommend the range of permissible assets under the CIES be expanded to include private credit within Hong Kong, and investments in single-family offices and art and collectables. This should boost the city’s position as one of the world’s top art trading centres.”
The Hong Kong Government should continue its efforts to boost economic ties with overseas countries to attract enterprises and investment, CPA Australia says.
To encourage more inbound investment, Mr Ip added “We would like to see the government expedite the implementation of its re-domiciliation regime and offer more financial incentives to further entice non-Hong Kong companies to transfer their domicile to Hong Kong.”
The recent temporary modifications to 18C listings and Special Purpose Acquisition Company (SPAC) requirements demonstrate that a proactive approach to market developments is possible, however, it should be formalised. We would like to see the establishment of a listing rules flexibility mechanism on the GEM Board that allows for dynamic adjustments to listing requirements.
We urge the government to implement an IPO Connect scheme to enable Mainland investors to participate in Hong Kong IPOs and Hong Kong investors to subscribe to mainland IPOs.
The trading volume of the Hong Kong exchange traded fund (ETF) market is lagging behind other major exchanges in the Asia-Pacific region.
Mr Ip added: “To enhance ETF trading activities, we recommend expanding the diversity of ETF products. Additionally, the government should also consider providing more information to help the public better understand complex concepts such as digital assets ETFs.”
To position Hong Kong as a leading hub for Web 3 and virtual assets, CPA Australia is encouraging the government to consider integrating the development and regulatory oversight of such technologies under the Task Force on Promoting Web 3 Development, rather than the current dispersed regulatory approach.
CPA Australia’s recent annual Business Technology Report 2024 reveals a substantial increase in the number of companies utilising artificial intelligence (AI). To further develop Hong Kong into an international I&T centre, the government should consider whether Hong Kong requires its own regulations governing the safe use of AI, and if so, whether they should be risk-based or rules-based.
We recommend that the Policy Address include measures to support small and medium enterprises (SMEs) to adopt AI solutions, scale-up their technology faster, improve their cyber resilience and upskill the digital skills of workers.
In addition, CPA Australia recommends the government:
consider establishing a Vulnerability Disclosure Programme (VDP) to encourage responsible reporting of suspected vulnerabilities or weaknesses in critical government IT services or systems
encourage businesses to develop their own VDP to manage and incentivise vulnerability reports
encourage more businesses to implement two-step verification (2SV) as an extra layer of protection for online transactions.
We acknowledge that many SMEs are struggling due to weak private consumption and low visitor numbers. The government should consider initiatives that attract tourists and encourage locals to spend in Hong Kong. Options include attracting more world-class entertainment, cultural and sporting events to the city, especially when the Kai Tak Sports Park opens. Such events provide a boost to economic activity and enhance the city’s overall appeal. Hashtag: #CPAAustralia
The issuer is solely responsible for the content of this announcement.
About CPA Australia
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LONDON, UK – Media OutReach Newswire – 19 September 2024 – Forvis Mazars, a leading global tax, audit, and advisory network, has been recognized as one of the Best Places to Work in Central and Eastern Europe (CEE) and Central Asia.
Best Places to Work is an international certification program focused on workplace culture and employee engagement. It recognizes employers who deliver exceptional working conditions. Over 1,500 employees from 16 Forvis Mazars offices across CEE and Central Asia participated, with the firm achieving a certification score of 81%.
”Achieving this recognition across CEE and Central Asia reflects our shared values and respect for people. It’s a testament to our commitment to creating a positive impact,” said Peter Wundsam, CEE Board Member.
Key workplace factors rated highly included Corporate Social Responsibility (CSR) at 86%, Leadership at 85%, and Teamwork at 84%. Notably, 88% of employees would recommend Forvis Mazars to others. A significant strength was gender equality in growth opportunities, rated at 96%.
“Our people are at the core of our success,” noted Loïc Wallaert, Co-Chair of the CEE Board. “Creating an environment that fosters talent is crucial for delivering the best results for our clients.”
From an HR perspective, Recognition Programs and Succession Planning were top-rated practices, with CSR and diversity also standing out.
“This certification reaffirms our commitment to people-centric practices,” said Yulia Zaprudska, CEE HR Coordinator. “For years, we’ve empowered our professionals to lead with bold spirit, shaping a great workplace for both employees and clients.”
Forvis Mazars’ certification is valid until September 2025. Hashtag: #BestPlacesToWork
The issuer is solely responsible for the content of this announcement.
About Forvis Mazars
Forvis Mazars is a leading global professional services network, offering audit, tax, and advisory services across 100+ countries.
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