Category: Media OutReach NewsWire

COLORADO, US – Media OutReach Newswire – 25 June 2024 – Recently, the global cryptocurrency trading platform JUHBZ announced a significant technological breakthrough by introducing AI technology to enhance the trading efficiency and accuracy of users. This technological upgrade marks a solid step forward for JUHBZ in innovation within the cryptocurrency trading technology domain, further consolidating its industry position and symbolizing an important milestone in the development of smarter and more precise cryptocurrency trading.

Kenneth Thompson, the brand spokesperson for JUHBZ, stated, “JUHBZ is committed to using the most advanced technology to provide our users with the best trading experience. By integrating AI technology, we can offer users more precise and personalized trading strategies, helping them make wiser decisions in the rapidly changing market.”

Behind the latest introduction of AI technology of JUHBZ lies deep market insights and forward-looking predictions of future trends. The core of this technology lies in real-time analysis and processing of vast market data, utilizing machine learning and data mining techniques to provide users with immediate and accurate market analysis and trading strategy recommendations. This not only significantly enhances trading efficiency but also reduces the risks users may face during the trading process.

Kenneth Thompson further elaborated on the specific application of artificial intelligence technology within the JUHBZ platform. “Our AI system not only analyzes historical trading data but also monitors real-time changes in the global cryptocurrency market, providing users with deep learning-based trading strategies.”

Beyond the realm of artificial intelligence, JUHBZ plans to continue deepening its technological research and development and exploring the application of other advanced technologies in cryptocurrency trading. The goal of JUHBZ is to establish an intelligent, efficient, and transparent cryptocurrency trading ecosystem, providing users with an unparalleled trading experience.

In the current continuously evolving cryptocurrency trading landscape, JUHBZ is gradually realizing its vision of becoming an industry leader through technological innovation and service optimization. Looking ahead, JUHBZ will continue its relentless efforts in technological innovation and service excellence, ushering in a new era of cryptocurrency trading together with global users.
Hashtag: #JUHBZ

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

First quarter revenue of US$22.2 million, up 24% Year-Over-Year

SINGAPORE – Media OutReach Newswire – 25 June 2024 – MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a market leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced financial results for the quarter ended March 31, 2024.

Management Commentary:

Rohith Murthy, Chief Executive Officer, stated, “I am pleased to report another strong quarter, with revenue increasing by 24% year-over-year to $22.2 million. This significant growth underscores the effectiveness of our strategic initiatives and the robust performance across our core markets. Despite Q1 historically being a lower quarter due to the Chinese New Year holidays and the shorter month of February, which typically results in a drop from Q4 to Q1, we have achieved substantial year-over-year growth. This demonstrates the resilience and strength of our business model in overcoming seasonal challenges.

Reflecting on the five key pillars from our Q4 2023 earnings call—Consumer Pull, Conversion Expertise, Insurance Brokerage, Strong Partner Relationships, and Operating Leverage—we see their clear impact in our Q1 results. Our enhanced user experience and high-quality content continue to attract and retain consumers, driving significant inbound traffic.

Our conversion expertise is evidenced by a 72% increase in approved applications, thanks to our superior UX/UI. The insurance brokerage segment, a major growth driver, saw revenue increase by 44% year-over-year, contributing 8.2% to our Group revenue as we simplify and enhance the insurance purchasing process.

Strong partner relationships have enabled us to be the largest digital acquisition channel for many financial partners. This quarter, we ramped up marketing campaigns and market share strategies, particularly in Singapore and Hong Kong, which saw revenue growth of 61% and 37% respectively.

Our aggressive growth strategy around credit cards serves multiple strategic purposes: acquiring new users, becoming the preferred acquisition channel for many partners, and leveraging credit card acquisition as an incubator for cross-selling other products, especially insurance.

Our Creatory platform continues to thrive, contributing 19% to Group revenue in Q1, up from 17% last year. We are investing in Creatory by adding new creators and expanding through marketing campaigns, tapping into new audience segments.

Our increased EBITDA loss reflects deliberate investments in growth and market share expansion. These investments are not just about immediate revenue but building a sustainable business model. By expanding our user base and market presence, we are laying the foundation for future profitability. As time progresses, the brand and marketing investments we’ve made will improve brand trust and conversion rates, further increasing our efficiency.

To further enhance our financial performance, we are also optimizing operational efficiencies and expanding into higher margin products such as personal loans, insurance, and advertising revenues. We anticipate these initiatives will reduce our operating burn starting the second half of this year. Additionally, leveraging AI and automation, and centralizing data on a robust platform will enhance marketing efficiencies through better insights and CRM strategies.

Lastly, our commitment to operational leverage remains unwavering. Despite increased operating costs to support our growth strategy, our disciplined approach to scaling and efficiency will drive long-term value. With a debt-free balance sheet and strong cash position, we are well-positioned to execute our strategic initiatives and achieve our ambitious $100 million revenue target for 2024. These solid Q1 results demonstrate that we are on track to meet our annual guidance.

In conclusion, while profitability may be delayed due to accelerated user growth and market share expansion, our focus on long-term strategic investments and operational efficiencies will ensure sustainable profitability. I am confident about the long-term profitability in our business as we continue to scale and leverage our strengths.”

Hao Qian, Chief Financial Officer, added: “I am thrilled to join MoneyHero Group as its new CFO. In Q1 2024, MoneyHero’s aggressive expansion strategy resulted in a dramatic 72% growth in approved applications with Adjusted EBITDA loss increasing to US$(6.4) million. This growth helped drive strong market share gains in Greater Southeast Asia and revenue growth to over US$22 million. We remain focused on expanding our market share dominance through both organic and M&A to further consolidate the industry and realize efficiency gains throughout Greater Southeast Asia. I look forward to contributing to MoneyHero’s continued success and working with the talented team to drive further growth and long-term shareholder value.

MoneyHero delivered 24% year-over-year revenue growth in the first quarter of 2024. In the first quarter, we continued to implement a strong growth strategy to grow our user base and further extend our market share lead. For the first quarter 2024, our year-over-year adjusted EBITDA loss increased to US$(6.4) million. The primary drivers for the increased loss include:

• Pursue market share capture strategy versus competitors by increasing brand and direct marketing expenses
• Provider constraints due to Citi exiting two critical markets – Taiwan and Philippines
• Total operating costs increased YoY primarily due to additional costs associated with being a public company (audit fees, D&O insurance, IR/PR related fees, etc.)

As a result of our strategic initiatives, we expect adjusted EBITDA loss to remain elevated for the first half of 2024, but we expect margins to recover in the second half of 2024 and continue to expand for the rest of the year. We anticipate operating at adjusted EBITDA profitability on a monthly basis in the late part of 2024.”

First Quarter 2024 Financial Highlights

• Revenue increased by 24% year-over-year to US$22.2 million in the first quarter of 2024
  • Online financial comparison platforms revenue increased by 22% year-over-year to US$18.1 million
  • Creatory, MoneyHero’s B2B business, revenue increased by 34% year-over-year and contributed to 19% of Group revenue in the first quarter of 2024, as compared to 17% in the prior year period
• Revenue by markets:
  • Singapore revenue increased by 61% year-over-year to US$8.9 million in the first quarter, with the strongest growth coming from the credit card and insurance verticals
  • Hong Kong revenue increased by 37% year-over-year to US$7.7 million in the first quarter, with the strongest growth coming from the personal loan vertical
  • Philippines revenue decreased by 4% year-over-year to US$4.0 million in the first quarter, largely due to revised pricing terms for a key client upon the completion of its services migration post-acquisition
  • Taiwan revenue decreased by 40% year-over-year to US$1.4 million in the first quarter due to paused product offerings for certain key clients, but secured deals with new and returning clients in the first quarter
• Revenue from insurance products increased by 44% year-over-year to US$1.8 million in the first quarter of 2024, contributing 8% of Group revenue, as compared to 7% in the prior year period
• Total operating costs and expenses increased to US$34.5 million in the first quarter of 2024 from US$18.8 million in the prior year period, driven primarily by increased investment in marketing and customer acquisition as part of the Company’s strategy to expand market share and increase brand awareness
• Adjusted EBITDA loss increased to US$(6.4) million in the first quarter of 2024 from US$(0.3) million in the prior year period
• As of March 31, 2024, the Company had a debt-free balance sheet with US$60.0 million in cash and cash equivalents

First Quarter 2024 Operational Highlights

• Monthly Unique Users decreased by 3% year-over-year to 8.5 million in the first quarter of 2024, but Total Traffic increased by 4% year-over-year to 32.7 million on the back of strong traffic growth in the Philippines
• MoneyHero Group Members, to whom we can provide more tailored product information and recommendations, grew by 59% year-over-year to 5.9 million as of March 31, 2024 due to membership growth across all markets
• Approved Application volumes increased by 72% year-over-year in the first quarter to 206,000, driven by strong growth in the Company’s credit card and insurance products

Capital Structure

The table below summarizes the capital structure of the Company as of March 31, 2024:

Share Class	Issued and Outstanding
Class A Ordinary	26,170,099
Class B Ordinary	13,254,838
Preference Shares	3,466,820
Total Issued Shares	42,891,757
Employee Equity Options[1]	1,557,626
Total Issued and Issuable Shares[2]	44,449,383

Conference Call Details

The Company will host a conference call and webcast on Monday, June 24, 2024, at 8:00 a.m. Eastern Standard Time / 8:00 p.m. Singapore Standard Time to discuss the Company’s financial results. The MoneyHero Limited (NASDAQ: MNY) Q1 2024 Earnings call can be accessed by registering at:

Webcast: https://edge.media-server.com/mmc/p/zi3tnfu6/

Conference call: https://register.vevent.com/register/BI3c7e08b0e5fc45c18338b9e37908a351

The webcast replay will be available on the Investor Relations website for 12 months following the event.

Hashtag: #MoneyHeroGroup

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

About MoneyHero Group

MoneyHero Limited (NASDAQ: MNY), formerly known as Hyphen Group or CompareAsia Group, is a market leader in the online personal finance and digital insurance aggregation and comparison sector in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan, the Philippines, and Malaysia with respective brands for each local market. MoneyHero currently managed 262 commercial partner relationships and services 8.5 million Monthly Unique Users across its platform for the three months ended March 31, 2024. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

Key Performance Metrics and Non-IFRS Financial Measures

“Monthly Unique User” means as a unique user with at least one session in a given month as determined by a unique device identifier from Google Analytics. A session initiates when a user either opens an app in the foreground or views a page or screen and no session is currently active (e.g., the user’s previous session has ended). A session ends after 30 minutes of user inactivity. We measure Monthly Unique Users during a time period longer than one month by averaging the Monthly Unique Users of each month within that period.

“Traffic” means the total number of unique sessions in Google Analytics. A unique session is a group of user interactions recorded when a user visits the website or app within a 30-minute window. The current session ends when there is 30 minutes of inactivity or users have a change in traffic source.

“MoneyHero Group Members” means (i) users who have login IDs with us in Singapore, Hong Kong and Taiwan , (ii) users who subscribe to our email distributions in Singapore, Hong Kong, Taiwan, the Philippines and Malaysia, and (iii) users who are registered in our rewards database in Singapore and Hong Kong. Any duplications across the three sources above are deduplicated.

“Clicks” means the sum of unique clicks by product vertical on a tagged “Apply Now” button on our website, including product result pages and blogs. We track Clicks to understand how our users engage with our platforms prior to application submission or purchase, which enables us to further optimize conversion rates.

“Applications” means the total number of product applications submitted by users and confirmed by our commercial partners.

“Approved Applications” means the number of applications that have been approved and confirmed by our commercial partners.

In addition to MoneyHero Group’s results determined in accordance with IFRS, MoneyHero Group believes that the key performance metrics above and the non-IFRS measures below are useful in evaluating its operating performance. MoneyHero Group uses these measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. MoneyHero Group believes that non-IFRS information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance and may assist in comparisons with other companies to the extent that such other companies use similar non-IFRS measures to supplement their IFRS results. These non-IFRS measures are presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with IFRS and may be different from similarly titled non-IFRS measures used by other companies. Accordingly, non-IFRS measures have limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of other IFRS financial measures, such as loss for the year/period and loss before income tax.

Adjusted EBITDA is a non-IFRS financial measure defined as loss for the year/period plus depreciation and amortization, interest income, finance costs, income tax expenses/(credit), equity-settled share option expense, employee severance expenses, transaction expenses, changes in fair value of financial instruments, non-recurring legal fees, and unrealized foreign exchange differences. Adjusted EBITDA Margin is defined as Adjusted EBITDA as a percentage of revenue.

A reconciliation is provided for each non-IFRS measure to the most directly comparable financial measure stated in accordance with IFRS. Investors are encouraged to review the related IFRS financial measures and the reconciliations of these non-IFRS measures to their most directly comparable IFRS financial measures. IFRS differs from U.S. GAAP in certain material respects and thus may not be comparable to financial information presented by U.S. companies. We currently, and will continue to, report financial results under IFRS, which differs in certain significant respect from U.S. GAAP.

Forward Looking Statements

This document includes “forward-looking statements” within the meaning of the United States federal securities laws and also contains certain financial forecasts and projections. All statements other than statements of historical fact contained in this communication, including, but not limited to, statements as to the Group’s growth strategies, future results of operations and financial position, market size, industry trends and growth opportunities, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. All forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which are all subject to change due to various factors including, without limitation, changes in general economic conditions. Any such estimates, assumptions, expectations, forecasts, views or opinions, whether or not identified in this communication, should be regarded as indicative, preliminary and for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. The forward-looking statements and financial forecasts and projections contained in this communication are subject to a number of factors, risks and uncertainties. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in business, market, financial, political and legal conditions; the Company’s ability to attract new and retain existing customers in a cost effective manner; competitive pressures in and any disruption to the industries in which the Company and its subsidiaries (the “Group”) operates; the Group’s ability to achieve profitability despite a history of losses; and the Group’s ability to implement its growth strategies and manage its growth; the Group’s ability to meet consumer expectations; the success of the Group’s new product or service offerings; the Group’s ability to attract traffic to its websites; the Group’s internal controls; fluctuations in foreign currency exchange rates; the Group’s ability to raise capital; media coverage of the Group; the Group’s ability to obtain adequate insurance coverage; changes in the regulatory environments (such as anti-trust laws, foreign ownership restrictions and tax regimes) and general economic conditions in the countries in which the Group operates; the Group’s ability to attract and retain management and skilled employees; the impact of the COVID-19 pandemic or any other pandemic on the business of the Group; the success of the Group’s strategic investments and acquisitions, changes in the Group’s relationship with its current customers, suppliers and service providers; disruptions to the Group’s information technology systems and networks; the Group’s ability to grow and protect its brand and the Group’s reputation; the Group’s ability to protect its intellectual property; changes in regulation and other contingencies; the Group’s ability to achieve tax efficiencies of its corporate structure and intercompany arrangements; potential and future litigation that the Group may be involved in; and unanticipated losses, write-downs or write-offs, restructuring and impairment or other charges, taxes or other liabilities that may be incurred or required and technological advancements in the Group’s industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s registration statement on Form F-1 (File No.: 333-275205), and other documents to be filed by the Company from time to time with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. In addition, there may be additional risks that the Company currently does not know, or that the Company currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements reflect the Company’s expectations, plans, projections or forecasts of future events and view. If any of the risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company anticipates that subsequent events and developments may cause their assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law. The inclusion of any statement in this document does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this document. Accordingly, undue reliance should not be placed upon the forward-looking statements. In addition, the analyses of the Company contained herein are not, and do not purport to be, appraisals of the securities, assets, or business of the Company.

Unaudited Consolidated Statements of Profit or Loss and Other Comprehensive (Loss)/Income

Unaudited Consolidated Statements of Financial Position

	As of March 31,	As of December 31,
(US$ in thousands)	2024	2023
NON-CURRENT ASSETS
Other intangible assets	6,803	7,294
Property and equipment	209	190
Right-of-use assets	438	590
Deposits	–	26
Total non-current assets	7,450	8,100
CURRENT ASSETS
Accounts receivable	20,076	17,236
Contract assets	16,412	16,025
Prepayments, deposits and other receivables	5,338	4,855
Pledged bank deposits	193	189
Cash and cash equivalents	60,040	68,641
Total current assets	102,059	106,947
CURRENT LIABILITIES
Accounts payable	25,349	23,840
Other payables and accruals	9,909	9,382
Warrant liabilities	3,185	1,840
Lease liabilities	453	575
Provisions	71	72
Total current liabilities	38,967	35,708
NET CURRENT ASSETS	63,092	71,239
TOTAL ASSETS LESS CURRENT LIABILITIES	70,542	79,339
NON-CURRENT LIABILITIES
Lease liabilities	–	31
Deferred tax liabilities	29	29
Provisions	192	194
Total non-current liabilities	221	255
Net assets	70,321	79,084
EQUITY
Issued capital	4	4
Reserves	70,317	79,080
Total equity	70,321	79,084

While Singapore (1st, unchanged) and Hong Kong (2nd, up from 3rd) still dominate the podium, the Asia Pacific (APAC) region is now ranked 2nd place for the first time, due to lower rankings for cities like Tokyo, and a very strong return to prominence for Europe, Middle East and Africa (EMEA).

SINGAPORE / HONG KONG SAR – Media OutReach Newswire – 25 June 2024 – According to the fifth edition of the Global Wealth and Lifestyle Report, although cities continue to get more expensive in 2024, affluent individuals around the world are still willing to spend on and invest in their lifestyles, families, and futures.

In 2024, price rises have slowed to 4% on average in US dollar terms, compared to 6% in 2023. Prices this year grew faster for goods than services, with goods up 5% on average and services up 4%, both in US dollar terms. Although cities continue to become more expensive, there has been a normalisation of inflation rates over the past 12 months.

Global Lifestyle Index findings

The city ranking is based on the Julius Baer Lifestyle Index which analyses the cost of a basket of goods and services representative of ‘living well’ in 25 cities around the world. This year, many of the biggest jumps up and down the index were a result of currency fluctuations – index prices are converted to USD to allow for global comparison, and the strength of currencies such as the Swiss franc and, conversely, the poor performance of currencies such as the Japanese yen are clearly seen in the performance of these cities in USD terms.

Despite a price increase of goods and services, HNWIs are still willing to spend, and not just spend, but spend more, notably on hospitality (hotels and high-end meals) and fashion and accessories. The greatest price increases this year are for premium consumer items such as fashion and jewellery (the highest increase at 9.6%), where pricing has been rising steeply for several years. This comes on the back of several years of increased raw material, energy, and staffing costs. The only significant drop this year on a global level in USD terms came in the bicycle category (­-6.4%), with small drops for whisky (-1.0%) and business class flights (-1.7%).

Spotlight on APAC: Three cities in the top ten globally

APAC is home to the two most expensive cities in the index – Singapore and Hong Kong. Shanghai remains part of the top ten despite dropping to 4^th from 2^nd last year, and Hong Kong was the only riser in APAC this year, from 3^rd to 2^nd. Falling prices in some cities – Tokyo in particular (23^rd, down from 15^th) – mean the region is no longer the most expensive. Bangkok and Jakarta also dropped from 11^th to 17^th and 12^th to 14^th respectively.

• Singapore (Ranked #1 Globally): Singapore, at number one, remains the world’s most expensive city. It is also the most expensive place to own a car. The city continues to attract the ultra-wealthy by maintaining its reputation for political and economic stability alongside a pro-business environment. This stability is evidenced by close to no change in the average price of luxury goods year-on-year (-0.46% in local currency terms and +0.8% in USD terms), with inflation levels holding steady at 4.8% across 2023.
• Hong Kong (Ranked #2 Globally): Hong Kong is up one place at number two and remains the second most expensive cities globally for property prices. It is the most expensive place to engage a lawyer.
• Shanghai (Ranked #4 Globally): The city that previously held the second spot, Shanghai is now ranked fourth. The change in position could be range from challenges in the real estate market to softening consumer confidence. Nonetheless, it is the most expensive city to have a degustation dinner.
• Japan (Ranked #23 Globally): Comparing costs in Tokyo and Mexico City in the local currency, prices have barely changed – it is the conversion to US dollar that is largely responsible for the size of the swings. The dollar is strong overall, and some of this will be down to global instability because it is a safe-haven currency. Globetrotters looking for a luxury bargain might consider Tokyo.

Mark Matthews, Head of Research APAC at Julius Baer, commented: “Asia is making significant strides in its development journey, demonstrating the potential of innovation and collaboration. The technological advancements of China and India, along with the robust economies of Southeast Asia, contribute to the region’s resilience and growth. Singapore, located in this dynamic environment, is leading the digital transformation. Its digital economy is expanding at a CAGR of 13%, reinforcing its role as a key innovation hub in Asia.”

Christian Gattiker, Head of Research, Julius Baer, commented: “This year’s report shows that currencies matter a lot. Take Tokyo as an example. This used to be the posterchild of an ultra-expensive city in the 1990s. However, the steady decline of the yen has shown how this can change. As trivial as it seems, we tend to forget that the costs of living look completely different in the eyes of a stranger – especially if that person thinks in US dollars or Swiss francs instead of the local currency. Currency and context matter.”

APAC Lifestyle Survey findings

Now in its third year, the Julius Baer Lifestyle Survey polls wealthy individuals around the world to better understand their priorities, finances, and consumption patterns. It supports the Index findings with qualitative analysis of the personal habits and sentiments of HNWIs. HNWIs want to indulge themselves in a way that recalls the post-war rebounds of the 20th century. HNWIs in APAC and the Middle East led the growth and will continue to do so in the future.

Spending in APAC this past year was focused on hospitality and healthcare, highlighting how this lifestyle boom is not restricted to simply purchasing experiences and goods. In APAC, an extraordinary 74% said they had spent more on five-star hotels, while 71% said they had spent more on fine dining. In terms of health, APAC was either first or second in terms of increase in every health sub-category, and HNWIs in the region said their discretionary health expenses had risen over the past year. This is likely to be down to healthcare and wellness being seen as a ‘new luxury’ to a greater degree in APAC, with 63% saying they are concerned about their health and wellbeing, the highest level of all regions in the survey.

APAC residents also paid more for jewellery and private school compared to last year (both up 10%), although it costs less to buy a top-tier bicycle (-13%) or rent a hotel suite (-11%). The most extreme price fall in APAC was the 14% drop in the cost of business class flights, however, this appears to be a correction to the sky-high fares in 2022 and early 2023. On average, prices in APAC increased 1%.

Supported by their own financial expertise and increased asset values, HNWIs from APAC have increased the risk level of their investments. 70% of HNWIs reported increased assets in the past 12 months, and they are once again looking to build on their recent increases, with levels of investment up across the board, and highest in APAC and the Middle East.

While personal enjoyment remains a key pursuit, sustainability plays a greater role in investment strategies in 2024 for almost all APAC HNWIs, with the majority having reviewed their portfolio to understand the ESG impact of their investments. However, sustainability still only plays a minor role in actual purchasing habits.

HNWIs, who still want to indulge themselves, are also seeking to empower themselves by prioritising health, aesthetics, and the acquisition of cutting-edge technology. With demand still outpacing ethics, the challenge will be to encourage HNWIs to fully integrate sustainability into their life and investment decisions, in all markets.

To download the Julius Baer Global Wealth and Lifestyle Report 2024, please visit:
www.juliusbaer.com/GWLR

Hashtag: #JuliusBaer

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

About Julius Baer

Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. In all we do, we are inspired by our purpose: creating value beyond wealth. At the end of April 2024, assets under management amounted to CHF 471 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks.

Julius Baer is present in 25 countries and 60 locations. Headquartered in Zurich, we have offices in key locations including Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, São Paulo, Shanghai, Singapore, Tel Aviv, and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base, and our entrepreneurial management culture make us the international reference in wealth management.

For more information visit our website at www.juliusbaer.com

BANGKOK, THAILAND – Media OutReach Newswire – 24 June 2024 – In mass casualty events, rapid response times and seamless teamwork can make the difference between life and death. The recent emergency landing of Singapore Airlines flight SQ321, successfully managed by the BDMS Mass Casualty Management Team and other responders, highlights the importance of these elements in saving lives.

“At BDMS, our commitment to providing world-class medical care extends beyond Thailand’s borders,” said Dr. Poramaporn Prasarttong-Osoth, President and Senior CEO Group 1 of Bangkok Dusit Medical Services Public Company Limited (BDMS). “Through our extensive network of hospitals and strategic partnerships across the Asia-Pacific region, we are dedicated to fostering a culture of readiness and resilience, setting a new standard for patient care and community resilience.”

The BDMS Trauma Network, with 23 strategically located trauma centers nationwide, ensures seamless coordination and extends BDMS’s commitment to providing swift, coordinated care in times of crisis. The network prioritizes continuous training and regular drills to keep skills sharp and foster teamwork.

“Our strong trauma network covers all regions and tourist cities in Thailand, with a standardized trauma care management system. This gives citizens and tourists confidence in our ability to handle various types of disasters and emergencies, whether they occur on land, at sea, or in the air,” Dr. Prasarttong-Osoth added.

This expertise is backed by state-of-the-art facilities and technology at the BDMS Trauma Centers, featuring dedicated trauma bays, cutting-edge imaging equipment, and specialized operating rooms. The centers also boast a fleet of helicopter and air ambulances for rapid evacuation and transport.

The BDMS Trauma Network is committed to fostering a culture of readiness and resilience through community training and public education initiatives. By engaging communities and promoting a shared understanding of emergency procedures, the network aims to enhance the region’s overall preparedness and response capabilities.

“We believe that mass casualty readiness is a shared responsibility,” Dr. Prasarttong-Osoth explained. “By investing in our teams, technology, and systems, and by actively engaging our communities through training and education, we are working to build a safer, more resilient future for all.”

The BDMS Trauma Network’s success is evident in its 98.98% overall survival rates for trauma patients during 2015-2022, being named the Trauma Center of the Year by Global Health Asia-Pacific Awards 2022 and earning dual accreditation from CAMTS US and CAMTS GLOBAL for medical transportation.

The network’s dedication to setting a new standard for patient care is further demonstrated by its comprehensive trauma care process, which includes rapid EMS dispatch, triage and assessment, initial stabilization, coordinated specialist care, and advanced treatment capabilities.

“In a mass casualty situation, you need a team that can work as a single, well-oiled machine,” Dr. Prasarttong-Osoth emphasized. “Our multidisciplinary team undergoes rigorous training to ensure they can provide the highest level of care when it matters most.”

Through its unwavering commitment to fostering a culture of readiness, providing swift and coordinated care, and leveraging cutting-edge technology and facilities, the BDMS Trauma Network stands as a beacon of hope and a model for emergency response in the APAC region and beyond.
Hashtag: #BDMS

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

About Bangkok Dusit Medical Services

Bangkok Dusit Medical Services Public Company Limited (BDMS) is Thailand’s largest private healthcare group. Founded in 1972, BDMS operates a network of 49 hospitals across Thailand and Cambodia under six main hospital groups: Bangkok Hospital, Samitivej Hospital, BNH Hospital, Phyathai Hospital, Paolo Hospital, and Royal Hospital. The company provides a wide range of medical services, including general and specialized care, advanced diagnostics, and wellness programs. BDMS is known for its international-standard medical care, cutting-edge technology, and partnerships with leading global healthcare institutions. As a publicly traded company on the Stock Exchange of Thailand, BDMS continues to expand its reach and enhance its services to meet the growing healthcare needs of both local and international patients.

BANGKOK, THAILAND – Media OutReach Newswire – 24 June 2024 – OZO Phuket invites guests to immerse themselves in the rich tapestry of Thai culture with the newly launched ‘OZO x Siam Niramit’ package. The experience combines the laid-back beachfront ambiance of OZO Phuket with the awe-inspiring spectacle of Siam Niramit’s cultural show, promising an unforgettable journey into the heart of Thailand. Starting from just £65 per person, per night, the package includes accommodation on a bed and breakfast basis, transfers to Siam Niramit and top seats to the show.

Situated just a 5-minute walk from Kata Beach, renowned for its pristine white sands, crystal-clear waters, and vibrant beachfront atmosphere, OZO Phuket offers 255 guest rooms and suites designed for ultimate comfort and restful nights. The resort features two outdoor pools, including a dedicated children’s pool, and an EAT restaurant serving delicious cuisine. Its prime location near Kata Beach and the lively night market provides easy access to nearby attractions, making it an ideal choice for couples, families or groups seeking a beachfront retreat with ample amenities.

The OZO Phuket X Siam Niramit package offers guests a passport to poolside relaxation at OZO Phuket, coupled with the absorbing extravaganza of the Siam Niramit show. OZO Phuket is just 12 miles away and this special package conveniently includes return transfers for two.

Prepare to be dazzled by mesmerising dancers, music and a plethora of captivating performances that will leave guests in awe. Siam Niramit’s famous daily show features a cast of over 100 performers adorned in 500 intricately designed costumes. With over 100 captivating set pieces and elaborate backdrops, each scene transports audiences to vividly recreated moments in history. The production is enhanced by a myriad of special effects that delight and astonish spectators, such as the sudden appearance of a river onstage.

Before the show, guests can indulge in pre-show festivities, including delectable street eats in a charmingly recreated Thai village. Within the 100 Year Thai Village, visitors can embark on a journey through time, travelling through the villages representing each of Siam’s four regions. Here, guests can delve into the essence of Thai wisdom, particularly the reverence for nature. Each village’s architecture is intricately designed to harmonise with its natural surroundings. Visitors will have the opportunity to participate in cultural activities alongside the villagers. They can row a boat along the tranquil canal, don traditional Thai costumes, and try their hand at cloth weaving.

Also within Siam Niramit is Naga Courtyard. Visitors are greeted with a myriad of captivating experiences inspired by Thailand’s cultural heritage. Admire the majestic 30-meter long Naga, representing the revered Lord of the Underworld, amidst a stunning display of fountains and light shows.

In addition to these visual spectacles, guests can also enjoy the vibrant performances of traditional Thai dance. Visitors won’t want to miss the opportunity to join in the fun as the dancers extend invitations for all to participate and immerse themselves in the rich cultural traditions of Thailand at the Naga Courtyard.

Siam Niramit Phuket, which first opened its doors in 2010, stands as a captivating showcase of Thailand’s rich arts, culture, and history. Building upon the success of its predecessor in Bangkok, this iconic attraction offers an immersive journey into the heart of Thailand’s heritage. The name “Siam” pays homage to the kingdom’s historical roots, while “Niramit” means “created by magic” which is woven into every aspect of the production.

Highlights of the package include:

1. Daily breakfast for two people
2. 15% discount on food and beverages
3. One-time Siam Niramit show with Gold seating
4. Round trip transfers from the hotel to Siam Niramit for two people
5. Minimum stay of 3 nights
6. Daily show at 8.30pm, except Tuesdays

The OZO x Siam Niramit package starts from £65 per person, per night on a bed and breakfast basis, based on two sharing a room.

For more information and to book the package please visit: www.ozohotels.com/phuket/special-offers/hotel-packages/siam-niramit-package

For more information about OZO Phuket, please visit: www.ozohotels.com/phuket

For more information about OZO, please visit https://www.ozohotels.com

For more information about ONYX Hospitality Group,

please visit http://www.onyx-hospitality.com/

Hashtag: #ONYX #OZO

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

About OZO

The OZO ethos prioritises delivering tranquil nights, refreshing mornings, and seamless experiences for guests on the move. Their practical yet stylish accommodations exceed expectations in the midscale market, while their modern lobby serves as a central hub where the dedicated teams excel in providing efficient and outstanding service. With a presence in Thailand and Malaysia, OZO continues to uphold its commitment to offering quality stays and memorable experiences for traveller. OZO’s network of properties include Phuket, Pattaya, Koh Samui and Penang. Visit www.ozohotels.com

About ONYX

ONYX Hospitality Group operates several diverse yet complementary brands – Amari, Shama and OZO – each catering to the distinctive requirements of today’s business and leisure travellers. ONYX has amassed over five decades of management experience and reaches beyond its Thai roots to offer innovative management solutions across the Asia-Pacific region, with particular focus on Southeast Asia. Recognising that quality growth is fundamental for successful hospitality management. Visit www.onyx-hospitality.com

With the launch, two new funds have been introduced; the Kenanga Alternative Series: Income Opportunities Fund & the Kenanga Alternative Series: Structured Opportunities Fund.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 24 June 2024 – Kenanga Investors Berhad (“Kenanga Investors”) has announced the launch of its latest product suite, the Kenanga Alternative Series (“the Series”), marking another milestone in the asset manager’s commitment to providing unique and differentiated investment solutions. This new series aims to cater to investors’ tactical needs while seizing emerging opportunities within dynamic market segments. With the launch, the Series’ two new funds have been introduced; the Kenanga Alternative Series: Income Opportunities Fund (“KASIOF“) and the Kenanga Alternative Series: Structured Opportunities Fund (“KASSOF“). Each Fund offers unique benefits, allowing investors to diversify and hedge their portfolios.

The KASIOF is an open-ended wholesale fund that seeks to generate stable and attractive returns by investing into the Helicap Income Opportunities Fund (“Target Fund”). The Target Fund is an open-ended Asian private credit fund specialising in the alternative lending sector managed by Helicap Investments Pte. Ltd (“Helicap Investments”) to achieve stable and strong risk-adjusted investment returns by providing investors with access to private credit investment opportunities across geographies and industry sectors throughout Asia.

The KASSOF is designed to provide capital growth through strategic investments in structured products such as certificates, credit-linked notes, equity-linked notes or other similar products while preserving investors’ capital. Acting as a tactical component within investors’ portfolios, the KASSOF aims to capture opportunities emerging from prevailing market conditions and future expectations.

“We are glad to have positioned ourselves at the forefront of the emerging alternatives investments movement. Recognising the brewing storm in pre-pandemic markets, we foresaw the shift in investor sentiment towards risk aversion. Since 2017, we have strategically diversified our product offerings by introducing alternative investment vehicles with fixed returns and lower risk compared to equities. Private credit, in particular, has increasingly played a crucial role in the financial system by providing loans to businesses that may otherwise be unable to secure financing through traditional banks or public debt markets. As such, we have observed lending activities by non-bank entities picking up after the global financial crisis in 2008-2009, reaching nearly USD1.7 trillion as of year 2024. With KASIOF, we can offer investors a stable and consistent return profile and diversification from traditional investment portfolios”, said Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors.

“Regarding the KASSOF, a mixed-asset closed-ended Fund, we will integrate our deep understanding of equity and fixed income markets, interest rate forecasts, and global market trends to capture the best opportunities for our investors,” Datuk Wira De Alwis added. “This approach ensures that the KASSOF can effectively navigate and capitalise on prevailing and future market conditions.”

On the collaboration between Kenanga Investors and Helicap Investments, the latter’s co-founder and Chief Investment Officer, Quentin Vanoekel said “We are thrilled to partner with Kenanga Investors to develop the adoption of private credit offerings in Malaysia. For the past six years, our investment program has consistently generated stable returns, delivering positive returns for 24 consecutive quarters. Mirroring the key attributes of evergreen private credit offerings, the Target Fund has historically demonstrated low annualised volatility, diversification and low correlation with public markets. We believe this partnership aligns perfectly with Kenanga Investors’ ambition to bolster financial inclusion throughout Southeast Asia. Furthermore, it will further amplify Helicap Investment’s mission to enhance institutional lending capital to the micro, small, and medium enterprises sector in the region through our borrowing partners.”

The Hong Kong-based Asia Asset Management’s 2024 Best of the Best Awards has awarded Kenanga Investors with the Malaysia Best House for Alternatives title for five consecutive years. This recognition underscores the asset manager’s excellence and innovation in the alternatives investment space, reaffirming its position as a trusted leader in the industry. Both Funds are suitable for Sophisticated Investors with short to medium term investment horizons.

Hashtag: #Kenanga #KASIOF #KASSOF

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

About Kenanga Investors Berhad 199501024358 (353563-P)

We provide investment solutions ranging from collective investment schemes, portfolio management services, and alternative investments for retail, corporate, institutional, and high net worth clients via a multi-distribution network.

The Hong Kong-based Asia Asset Management’s 2024 Best of the Best Awards awarded KIB under the following categories, Malaysia Best Impact Investing Manager, Best Impact Investing Manager in ASEAN, Malaysia Best Equity Manager, Malaysia CEO of the Year, Malaysia CIO of the Year, Malaysia Best House for Alternatives, Malaysia Most Improved Fund House and Malaysia Best Investor Education.

At the LSEG Lipper Fund Awards Malaysia 2024, KIB received awards for the Kenanga Malaysian Inc Fund (“KMIF”) under the best Equity Malaysia Diversified – Malaysia Pension Funds over 10 Years and the Kenanga Diversified Fund (“KDF”) under the best Mixed Asset MYR Flexible – Malaysia Pension Fund over 10 Years.

The FSMOne Recommended Unit Trusts Awards 2023/2024 named Kenanga Growth Fund Series 2 as “Sector Equity – Malaysia Focused”, Kenanga Shariah Growth Opportunities Fund as “Sector Equity – Malaysia Small to Medium Companies (Islamic)” and Kenanga Shariah OnePRS Growth Fund as “Private Retirement Scheme – Growth (Islamic)”.

For the seventh consecutive year, KIB was affirmed an investment manager rating of IMR-2 by Malaysian Rating Corporation Berhad, since first rated in 2017. The IMR rating on KIB reflects the fund management company’s well-established investment processes and sound risk management practices. As at end-June 2023, most of KIB’s funds had performed better than benchmarks and were comparable to peers.

Leading professional services firm celebrates new global network with impactful climb for Project Pari.

SINGAPORE – Media OutReach Newswire – 24 June 2024 – Forvis Mazars in Singapore, a leading global professional services network, commemorates the completion of the global network formation – with an awe-inspiring mission. A team of nine from the firm will embark on a challenging and impactful expedition: scaling Mount Kinabalu, Southeast Asia’s highest peak. This climb transcends personal achievement, aiming to raise funds for Project Pari Singapore, a charity dedicated to empowering underserved young women.

This ambitious climb embodies Forvis Mazars’ commitment to becoming a force for good. It signifies their dedication to excellence and positive social impact, extending beyond the industry and into the communities we serve.

Forvis Mazars celebrates the completion of its new global network formation on 1 June 2024, resulting in a formidable entity through the collaboration between Forvis and Mazars. Rick Chan, Managing Partner of Forvis Mazars in Singapore and a member of the team, underscores the significance of this milestone stating, “As Forvis Mazars, we are not just building a network, we are forging a global force committed to driving positive change. Our ascent of Mount Kinabalu reflects this collective spirit. Together, we are united in tackling challenges and creating a more equitable future for all.”

A symbolic journey: Overcoming challenges, uplifiting women
Scaling Mount Kinabalu, at 4,095 meters above sea level, symbolises the uphill battles faced in the quest for a brighter future. This highest peak in Southeast Asia mirrors the struggles of underserved young women overcoming societal and economic barriers. The climb embodies perseverance, determination, and resilience.

Each step taken by the Forvis Mazars Singapore team represents the incremental progress these women make to improve their lives. The steep paths and unpredictable weather reflect the daily adversities they encounter. Despite these challenges, the journey to the top signifies hope, strength, and the relentless pursuit of a better future.

The expedition’s primary goal is to raise funds for Project Pari Singapore. This charitable organisation empowers underserved young women through education and skills development, equipping them with the tools they need to thrive. Cheryl Koh, Partner at Forvis Mazars in Singapore and one of the two female climbers, shares her motivation, “Project Pari’s mission deeply resonates with our values of diversity and inclusion. As a woman in the professional world, I understand the importance of access and opportunity. This climb is a personal challenge for many of us – six on the team will be conquering a peak of this height for the very first time. But it’s also a chance to raise awareness for a cause that matters. Climbing Mount Kinabalu is a symbolic way to demonstrate our commitment to building a more equitable future, especially for women.”

Beyond the physical challenge, Forvis Mazars in Singapore is committed to raising S$30,000 for Project Pari. These funds will directly support their critical programs, unlocking the potential of these young women and fostering a more inclusive future.

“Project Pari is grateful for the selection by Forvis Mazars. The funds raised will significantly contribute to the expansion of our charitable endeavors, enabling the development of additional programs and the provision of enhanced opportunities to empower our female beneficiaries, thereby facilitating their realization of utmost potential,” Lynnette Ee, Service Chairperson, Zonta Club of Singapore.

Be Part of the Climb: Championing Women’s Empowerment
Forvis Mazars in Singapore invites individuals and businesses to join this impactful initiative.

Every contribution, big or small, empowers women through Project Pari’s programmes. “This climb isn’t just a physical feat,” says Cheryl Koh. “It’s a journey that represents the heights we can reach together when women are empowered. By supporting Project Pari (https://www.giving.sg/donate/campaign/summit-for-a-cause), you become part of a movement building a brighter future for all.”

Together, we can reach the summit of opportunity and create lasting social change.

Hashtag: #ForvisMazars #CompanyofGood #ForceforGood #Diversity #Inclusion #DEI #fundraising

https://www.forvismazars.com/sg
https://www.linkedin.com/company/forvis-mazars-singapore/

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

About Forvis Mazars in Singapore

Forvis Mazars Group SC is an independent member of Forvis Mazars Global, a leading professional services network. Operating as an internationally integrated partnership in over 100 countries and territories, Forvis Mazars Group specialises in audit, tax and advisory services. The partnership draws on the expertise and cultural understanding of over 35,000 professionals across the globe to assist clients of all sizes at every stage in their development. Forvis Mazars in Singapore is part of the Forvis Mazars Group SC. Our clientele benefits from the combined expertise of 400+ Singapore-based professionals and our international team.

To learn more, please visit – www.forvismazars.com/sg

About Project Pari

Project Pari was set up by the Zonta Club of Singapore in 2008 with a mission to inspire and enable young women from lower-income families to attain a positive outlook of the future and to become responsible contributors to society. The Project provides the means and opportunities for them to gain confidence and capability to realize their potential. The Project Pari Fund is a charity with Institution of Public Character Status (IPC) status.

To learn more, please visit – https://www.zontasingapore.org/service

About Zonta Club of Singapore

The Zonta Club of Singapore is rooted in the belief that everyone has an inherent responsibility to make a meaningful difference in the lives of girls and women. With a variety of service and advocacy projects, the Club harnesses its members’ skills and resources to successfully achieve its goals of empowering its beneficiaries and helping them reach their highest potential.

Chartered in 1971, the Club is part of Zonta International, a global network of professionals committed to advancing women’s rights and gender equality. Since its founding, the Zonta Club of Singapore has been proud to witness how its programs and activities have benefited the communities it serves.

To learn more, please visit – https://www.zontasingapore.org/service

• Collaboration provides companies with a one-stop-solution for their data labeling needs
• Human-in-the-loop model ensures greater accuracy in data labeling outputs

SINGAPORE – Media OutReach Newswire – 24 June 2024 – TDCX, an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, today announced a strategic tie-up with SUPA, a generative artificial intelligence (AI)-powered data labeling company, to help companies overcome one of the biggest challenges in their AI journey – labeling raw data to make it understandable for machine learning algorithms.

Data management continues to be an area hampering the AI ambitions of enterprises. Seventy-two per cent of leading organizations cite that this is one of the top challenges preventing them from scaling AI use cases^[1] while eight in 10 (81 per cent) say that the task of training AI with data had been more difficult than expected^[2].

Through TDCX and SUPA’s collaboration, companies will benefit from the convenience of having a partner that can provide an all-in-one solution that combines the best of technology and human expertise to deliver quality data outputs. Leveraging SUPA’s technology for handling large datasets, human annotators can reduce data processing times by up to five times. This will enable companies to train their AI models more effectively and to generate greater value for the business.

Ms Lianne Dehaye, Senior Director, TDCX AI, said, “Without accurate, structured and reliable data, your business simply isn’t ready to leverage generative AI. With the strong interest in generative AI, many companies find themselves in a rush to benefit from it. However, the truth is, many companies either do not take the critical first step of data labeling or underestimate the resources needed to get it done well. This leads to situations where AI projects end up failing and there is little return on that investment.

“The issue of quality data is even more pertinent in CX applications. Beyond being accurate, there is also a need to ensure that the data is free from bias and takes cultural nuances into account. This is where human intelligence and understanding come in. Our collaboration with SUPA strengthens our offerings and will enable us to help clients integrate AI into the CX strategies more quickly and easily.”

Mr Mark Koh, Chief Executive Officer and co-founder, SUPA, said, “Our platform’s edge lies in our ability to curate and process large training datasets with up to 98 per cent accuracy for labeled data. Achieved through our multi-stage human-in-the-loop approach, this proactive validation process empowers annotators to act as data model teachers, thus minimizing potential errors or routing issues. We look forward to tapping TDCX’s global scale and strong network of clients to help more companies unlock the power of their data and transform their operating models for efficiency and growth.”

Enterprise-ready solutions

SUPA’s solution caters to a range of diverse industries, from consumer retail, transport (autonomous vehicle), agriculture, manufacturing to healthcare. It also supports data types across various types of modalities, including visual data such as images and videos, multilingual texts and audio data. This ensures that clients receive precise and relevant training data services suited to their unique industry demands.

Data handled by the TDCX and SUPA teams will be managed securely, with clients retaining all data within their own cloud storage. Both companies are ISO27001, SOC2 and General Data Protection certified.

To launch the collaboration, TDCX and SUPA are offering a complimentary diagnostic session for companies to understand the opportunities or gaps in their data labeling needs. For more information, please visit: https://tdcx.ai/data-labeling

Hashtag: #CX #Outsourcing #BPO #DataLabeling

https://www.tdcx.com/
https://sg.linkedin.com/company/tdcxgroup
https://twitter.com/tdcxgroup
https://www.facebook.com/tdcxgroup/

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

About TDCX

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.

TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence, and its global footprint. It serves clients in fintech, gaming, technology, travel and hospitality, digital advertising and social media, streaming and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies, looking to tap the region’s growth potential.

TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities, and the environment.

TDCX employs more than 17,800 employees across 30 campuses globally, specifically in Brazil, Colombia, Hong Kong, India, Indonesia, Japan, Malaysia, Mainland China, Philippines, Romania, Singapore, South Korea, Spain, Thailand, Türkiye, and Vietnam. For more information, please visit www.tdcx.com.

About SUPA

SUPA is the definitive choice for building better AI with high-quality labeled data. SUPA’s lightning-fast, AI-assisted labeling platform integrates seamlessly with a diverse workforce across APAC. SUPA has spent the last five years labeling over 100 million data points for unicorns, enterprises and startups worldwide, helping them build award-winning AI products in healthcare, consumer retail, transport (AV), robotics, agriculture, construction and more.

For more information: www.supa.so/
Contact us at: hello@supa.so

Redefining Exquisite Dining with Bangkok’s Skyline, Ahead of September Launch

BANGKOK, THAILAND – Media OutReach Newswire – 24 June 2024 – Asset World Corporation (AWC), Thailand’s leading integrated lifestyle real estate group, led by Mrs. Wallapa Traisorat, Chief Executive Officer and President, proudly welcomes the legendary founders of Nobu Hospitality: Chef Nobu Matsuhisa, renowned Hollywood actor Robert De Niro, and co-founder Meir Teper, to ‘Nobu Bangkok’ at EA Rooftop at The ‘Empire’. This extraordinary occasion marks the site visit and preparation for the official launch of the world’s highest Nobu restaurant, providing unparalleled dining experiences with breathtaking panoramic views of Bangkok’s skyline and the Chao Phraya River. This milestone highlights the shared vision between AWC and Nobu to establish a new benchmark in the F&B industry, positioning Nobu Bangkok as the pinnacle of culinary excellence and a premier destination for its global fan base. This project will elevate Bangkok as a leading global destination for exceptional culinary experiences.

The founders of Nobu Hospitality said, “We are thrilled to be here in Bangkok with our special partner, Mrs. Wallapa Traisorat, Chief Executive Officer and President of AWC. We all have very fond memories of visiting Bangkok before, and we are excited to come back to this dynamic and modern global city, still rich in culture and tradition. The Empire is the perfect spot for the Nobu Bangkok, with its stunning 360-degree views and central location. Our Nobu experience will include an amazing rooftop bar, and terraces with views of the Chao Phraya River and the Green Lungs. We are pleased that both local Bangkok residents and travelers will be able to enjoy our Nobu culinary experience, whether for dining or events in the various areas of this unique destination. Alongside AWC, we are also working hard on the development of the Plaza Athenee Nobu Hotel and Spa New York. In Bangkok, we are similarly focused on the development of The Plaza Athenee Nobu Hotel and Spa Bangkok on the Chao Phraya River and the adjacent Nobu Hotel Bangkok. With AWC as our nationwide and special partner in Thailand, we are also identifying more Nobu Hotel and Restaurant locations in other parts of this vibrant country.”

Mrs. Wallapa Traisorat, Chief Executive Officer and President, Asset World Corporation or AWC said, “AWC is very excited to welcome the founders of Nobu Hospitality to Bangkok with our shared vision to bring an unparalleled dining experience to Bangkok. Today is a special occasion, it is an honor to host the visionary founders of Nobu Hospitality, Chef Nobu Matsuhisa, Mr. Robert De Niro and Mr. Meir Teper, and top management of Nobu Hospitality, Mr. Trevor Horwell, Mr. Struan McKenzie and Mr. Hiro Tahara along with the group. We believe our partnership with Nobu Hospitality, the globally renowned hospitality group, will set a new benchmark for Thailand’s culinary landscape. Nobu Bangkok and Rooftop Bar, the world’s highest Nobu, situated in the heart of Bangkok and surrounded by a 360-degree rooftop view, along with the unique concept of EA Rooftop at The Empire, will establish Bangkok as a premier and inspiring F&B and lifestyle destination.

“Moreover, the opportunity is limitless. AWC has partnered with Nobu Hospitality to create an integrated experience that spans from cuisine to hotel, encompassing the essence of three iconic buildings, which are Plaza Athenee Nobu Hotel and Spa New York, The Plaza Athenee Nobu Hotel and Spa Bangkok and Nobu Hotel Bangkok as well as many other exciting projects. These initiatives aim to create long-term sustainable value for the global hospitality industry. Developing these exceptional hotels in two major global destinations will enhance AWC’s strengths by integrating the uniquely modern luxury lifestyle of the Nobu brand, offering best-in-class products, services and sharing happiness to global travelers,” Mrs. Wallapa concluded.

Nobu Bangkok spans across the 57^th to 60^th floors of EA Rooftop at The Empire, one of the world’s largest and iconic F&B rooftop destinations. Nobu Bangkok is designed by Rockwell Group, the Internationally famous architecture and design firm based in New York City. Inspired by Bangkok’s natural and urban landscapes, the design concept references three distinct landscapes found in a vintage map of Thailand: Urban, River and Mountain. The design blends Thailand’s artisanal techniques, like hand-woven textiles and wood carving, with traditional Japanese arts such as Kintsugi and calligraphy. Unfolding uniquely across each floor, it offers various areas for dining, socializing, large gatherings, and celebrations, each providing a distinct experience.

• Upon arrival, guests will first be welcomed to the 57th floor, where they can enjoy a beverage lounge featuring a sculptural bar with semi-gloss black plaster and gold relief wrapping around the perimeter, forming a reflective metal grid containing shimmering crystal light fixtures, provides a delightful start to the evening. Here, they can sip drinks and unwind before their meal. The journey then continues to several private dining rooms inspired by the tea ceremony concept. The private dining suite, inspired by contemporary Japanese sake rooms, offers stunning views of Bang Krachao. The total combined seating is 42 seats. The outdoor area features lighter color palette, with yellow cream, and light wood, creating a serene and elegant ambiance.

• The 58th floor features a custom lacquered wood host stand and carved wood art. The adjacent lounge boasts banquettes framed by curving metal, adorned with Thai-inspired floral embroidery and blue leather. The indoor dining area seats 80 guests. The highlight is a captivating sushi bar, the centerpiece of Nobu, adorned with glowing onyx stone and a sculptural installation with graceful gold lines hanging from a ceiling clad in smoky mirrors that reflect the sky. The double-floor outdoor terrace with every seat facing the view, totaling 126 seats with a central bar with a sculptural design and integrated lantern fixtures in the banquettes enhances the experience.

• The 60^th floor, the highest Nobu rooftop bar offers an open-sky rooftop experience with infinity views that are unparalleled in Nobu’s restaurants worldwide. The circular space is framed by organically shaped infinity pools, with 54 seats. A feature bar is topped with a monumental, curved arch, a giant sculpture that helps frame the view in a crackled, gold mosaic.

At Nobu Bangkok Restaurant and Rooftop Bar, chefs skillfully craft the Japanese-influenced menu, serving highlight dishes such as Toro Tartar, finely minced with garlic and onion in a wasabi soy sauce, topped with caviar and spring onion; Yellowtail Jalapeno, sashimi set in yuzu soy sauce with jalapeno, garlic puree, and coriander; and Beef Toban Yaki, grilled beef tenderloin with garlic puree, flamed with sake and deglazed with yuzu soy sauce, served with white onions, haricot vert, enoki, and shiitake mushrooms, and many more. Guests can also enjoy a variety of signature sakes, champagne, martini and a diverse drinks menu.

‘Nobu Bangkok’ will officially open on September 20, 2024. Located on the 58th to 60th floors of EA Rooftop at The Empire, nestled in the heart of Bangkok, these venues promise a fully immersive dining experience with breathtaking views and world-class cuisine. Get ready to indulge in a culinary adventure like no other!

Hashtag: #AWC

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

About Asset World Corporation

Asset World Corporation (AWC) is Thailand’s leading integrated lifestyle real estate group and a member of TCC Group, with the focus on hospitality, lifestyle destinations, and commercial workspaces. Driven by the philosophy of “Building a Better Future,” AWC strives to grow and expand beyond the norms with a diverse array of quality projects, providing responsible and sustainable solutions for all our stakeholders. The company has two main businesses. Hospitality business managed by top hotel executives of world-renowned hotel brands such as Marriott, The Luxury Collection, InterContinental, Okura, Banyan Tree, Hilton, Sheraton, and Melia, and Commercial properties whose projects include 1) Retail and Wholesale such as lifestyle travel destinations, community shopping malls, community markets, and wholesale business real estate. Popular real estate projects consist of Asiatique the Riverfront Destination, Gateway at Bangsue, Phenix, and Tawanna Bangkapi, and 2) Commercial buildings including the famous ‘The Empire’ and Athenee Tower located in Bangkok’s central business district. AWC is committed to integrating its sustainability strategy in every part of its operations to create long-term sustainable value for all stakeholders. The sustainability strategy consists of three key pillars: Better Planet, Better People and Better Prosperity, while the framework has created numerous long-term initiatives including the reConcept, The GALLERY and other projects. For more information, please visit the company’s website at www.assetworldcorp-th.com/en/home.

DENVER, USA – Media OutReach Newswire – 23 June 2024 – JUHBZ, a globally renowned cryptocurrency trading platform, has launched a comprehensive suite of advanced security measures to address increasing security concerns in the rapidly evolving cryptocurrency market. This initiative aims to protect user assets amidst growing trading activities and participation, underscoring JUHBZ as a leader in cryptocurrency security.

With the surge in cryptocurrency trading and the influx of new participants, security has become a paramount concern for investors. JUHBZ has responded by implementing state-of-the-art data encryption technologies, enhancing emergency response mechanisms, and adopting comprehensive security protocols. These measures include multi-factor authentication, end-to-end encrypted communication, cold storage solutions for funds, and real-time security monitoring systems, collectively fortifying the platform against potential threats.

Kenneth Thompson, spokesperson for JUHBZ, emphasized the significance of these security upgrades: “User security is our utmost priority. Integrating these advanced measures reflects our dedication to providing a safe and reliable trading environment.”

Since its inception, JUHBZ has prioritized user asset security as a core aspect of its operations. The security strategy of the platform is driven by a team of top global experts who leverage extensive technical expertise and industry experience to build a robust protection framework. This approach has successfully provided a secure and user-friendly trading experience for millions of investors worldwide.

The security measures implemented by JUHBZ elevate the protection capabilities of platform and set new benchmarks across the cryptocurrency trading market. Beyond technological solutions, JUHBZ is committed to enhancing user awareness and self-protection. The platform offers a wealth of educational resources and detailed security guidelines, empowering users to understand and counteract the latest security threats effectively.

As the cryptocurrency landscape continues to expand and evolve, the demand for stringent platform security is increasing. JUHBZ, through continuous innovation and enhancement of its security infrastructure, has effectively met these challenges, ensuring a safer and more trustworthy environment for global users.

Looking forward, JUHBZ will uphold the core philosophy of “ensuring cryptocurrency security and safeguarding user assets.” The platform is dedicated to ongoing improvements in security technologies and service standards, providing steadfast security assurances for users navigating the complex world of cryptocurrency trading.

Hashtag: #JUHBZ

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