Category: Daily Finance

Telangana Rising 2047 Vision Document to Be Released on Dec 8-9, 2025, at Global Summit in Bharat Future City

The Government of Telangana is set to unveil its Telangana Rising 2047 Vision Document at the upcoming Telangana Rising Global Summit in Bharat Future City, where nearly 1,000 global delegates—including business leaders, policy experts, academics, and representatives of multilateral institutions—will receive exclusive copies. The long-term roadmap positions Telangana to become one of the world’s leading growth hubs over the next two decades.

“Telangana Rising Global Summit 2025 is Telangana’s invitation to the world – to join hands with us in building a future-ready State, where innovation, investment and inclusive growth thrive together. Telangana welcomes the world to explore investment opportunities and experience our culture, creativity and confidence. This Summit reflects the spirit of a rising State and signals Telangana’s readiness to partner with global investors and innovators. We are opening our doors to ideas, technology and transformative collaborations. Together, we will script a new era of prosperity for our people” Sri A. Revanth Reddy, Chief Minister of Telangana.

The Telangana Rising Global Summit, scheduled for December 8–9, 2025, will feature an impressive lineup of world figures from politics, business, and technology. Among the distinguished guests are:

  • Tony Blair, Former Prime Minister of the United Kingdom
  • Eric Swider, Director, Trump Media & Technology Group
  • Members of the UAE Royal Family
  • Anand Mahindra, Chairman, Mahindra Group
  • Senior executives from global entities including Deutsche Börse, Enrission, Mandal Wildlife Group, and others

The Summit provides a global platform for Telangana to showcase its developmental journey, emerging economic strengths, and long-term collaboration opportunities. The state’s new global campaign— “Come, Join the Rise”—aims to invite the world to participate in its next phase of growth.

At the upcoming Global Summit in Bharat Future City, 1,000 international delegates delegates including business leaders, academicians, think tank representatives and leaders from multilateral development banks will receive exclusive copies of the Telangana Rising 2047 Vision Document, incorporating extensive inputs from multiple government departments, the document is being prepared in three languages—English, Telugu, and Urdu.

In his personal outreach to international business leaders, Chief Minister Revanth Reddy highlighted Telangana’s aspiration to become a progressive, inclusive, and future-ready global destination, aligned with India’s national Viksit Bharat 2047 agenda.

The event will conclude with a special celebration on December 9, 2025, following the formal release of the Telangana Rising 2047 vision, where football legend Lionel Messi will participate in a commemorative match in Hyderabad.

A key highlight of Telangana Rising 2047 is a dual strategy that enhances both ease of doing business and ease of attracting talent. The roadmap aims to make Telangana the first Indian state focused on attracting the world’s best minds and professionals — leveraging Hyderabad’s scientific, technological, and entrepreneurial strengths.

The document also outlines a transformational vision for agriculture in 2047: positioning the average Telangana farmer as a producer, processor, brand owner, and exporter, supported by advanced technologies and sustainable farming models, including organics.

For more information, please visit: https://telanganarising2047.org/

Mr. Anvesh Reddy
+91-9110583779
apro-cmo@telangana.gov.in 

Bank Indonesia Unveils Five-Point Strategy to Boost Indonesia’s Economic Resilience

Bank Indonesia (BI), through its 2025 Annual Meeting (PTBI), has introduced a five-point strategy aimed at strengthening the national economy amid mounting global uncertainties. Despite Indonesia’s solid economic performance throughout 2025, BI emphasizes that stronger coordination across sectors will be essential to navigate the increasingly volatile global landscape. Lingering U.S. tariff policies, weakening global demand, and geopolitical shifts continue to shape global conditions. Against this backdrop, BI Governor Perry Warjiyo highlights one core principle: synergy.

1. Stability as the Cornerstone

BI’s first “recipe” focuses on maintaining macroeconomic and financial system stability—seen as the foundation for sustainable growth. In 2025, this becomes even more critical to shield the economy from rapid global fluctuations. BI aims to anchor inflation, stabilize the rupiah, keep the fiscal deficit below 3% of GDP, and fortify the banking sector. All of this requires close coordination between fiscal and monetary authorities.

“Dynamic stability—controlled prices, a stable rupiah, a fast-moving economy. That is ‘Sumitronomics,'” Perry said.

2. Transforming the Real Sector

The second strategy centers on real-sector transformation through improved capital, labor quality, and productivity.

BI calls for complementary industrial and structural reforms: downstreaming to boost value-added, investment climate improvement, faster bureaucracy, stronger infrastructure, and deeper trade and investment channels.

3. Expanding Financing and Deepening Markets

A major push is needed to meet Indonesia’s large financing requirements for industrialization. BI stresses that the state budget alone cannot shoulder this burden. Hence, banks, financial institutions, and domestic and foreign private investors are expected to play a bigger role in fueling the next phase of transformation.

4. Accelerating Digitalization

Digital economic transformation forms the fourth pillar. Widespread adoption of QRIS, BI-FAST, mobile banking, and e-commerce has streamlined public transactions, while digitalization of government payments continues to advance.

5. Strengthening Global Partnerships

The final strategy focuses on expanding trade and investment cooperation amid rising global protectionism.

This includes promoting local currency transactions (LCT), advancing cross-border digital payment systems, and aligning regional partnerships with Indonesia’s downstreaming and financing agenda.

Together, these five strategies form BI’s roadmap to push Indonesia toward higher, more resilient growth. The central bank projects economic expansion of 4.7–5.5% in 2025, rising to 4.9–5.7% in 2026 and 5.1–5.9% in 2027.

BI also pledges to maintain a careful balance between stability and growth, with macroprudential and payment system policies set to play a stronger role in 2026. Prabowo Subianto: Reform Must Be Clean and People-Centric President Prabowo Subianto echoed BI’s message, stressing the need for fast, precise, and impactful solutions for the public.

He underscored clean, just, corruption-free governance as a prerequisite for successful economic transformation.

A government with sincere intentions, he said, must ground every policy in truth, justice, and an unwavering commitment to serving the people.

Prabowo also called for calm, confidence, and self-reliance in facing global pressures, asserting that the principle of “standing on our own feet” must be more than a slogan.

Looking Ahead

With clear policy direction and strong institutional commitment to stability and transformation, Indonesia is seen as well positioned to boost its economic trajectory.

Consistent execution, sectoral synergy, and broad stakeholder participation will determine the success of BI’s roadmap.

If these elements align, Indonesia stands poised not only to maintain its resilience but to advance toward a more competitive and inclusive economy.

Copyright © ANTARA 2025

Digital Realty and BW Digital Partner to Support Expansion of Cross-Border Connectivity Between Singapore and Batam

Digital Realty, the largest global provider of cloud-and carrier-neutral data centre, colocation, and interconnection solutions, today announced a partnership with BW Digital to strengthen cross-border DC-to-DC connectivity between Singapore and Indonesia.



(Left to Right: Johnny Sek, Commercial Sales Manager, Digital Realty; Hamid Maani, Chief Sales Officer, BW Digital; Jo Jo Kwong, Director, Strategy & Business Development, Digital Realty; Serene Nah, Managing Director & Head of Asia Pacific, Digital Realty; Govind Choudhary, General Manager, SEA & India, Digital Realty; Virginie Frouin, Chief Business Office, Connectivity, BW Digital; Florent Blot, Chief Business Officer, Datacenter & Value Added Services, BW Digital; Robert Ho, Director, Market Development, Digital Realty)

Under the agreement, the companies will jointly support the rollout of BW Digital’s Nongsa Changi Cable System (NCC), a new submarine system designed to connect Batam in Indonesia with Singapore, also overseeing its integration with Digital Realty’s SIN12 data centre on the Island State.

The undertaking is expected to provide access to vital cloud and connectivity hubs, particularly for enterprises expanding across Southeast Asia, strengthening cross-border connectivity, storage and compute, and supporting Singapore’s accelerating AI and digital transformation demands. This is strengthened by SIN12’s ability to support high-performance workloads at scale, giving enterprises confidence as they expand between Singapore and Batam.

Southeast Asia’s AI-Driven Infrastructure

By landing NCC in SIN12, BW Digital and Digital Realty hope to deliver faster, more reliable, and more sustainable data exchange between Singapore and Batam, which is emerging as a strategic hub for hyperscale and AI infrastructure.

As the first submarine cable to land directly in Nongsa Digital Park, NCC is expected to offer unprecedented resilience to Batam. It is designed to deliver more than 1.6 petabits per second (Pb/s) of new capacity and provide seamless DC-to-DC connectivity with less than 2 milliseconds (ms) latency to Singapore.

The collaboration is designed to integrate submarine cable landing facilities with Digital Realty’s global data centre platform, hoping to enable high-performance subsea connectivity, storage and interconnection within SIN12 and Artificial Intelligence/Machine Learning (AI/ML) computing enablement via PlatformDIGITAL.

Furthermore, BW Digital’s customers may also be able to expand their connectivity ecosystems and scale AI workloads by establishing interconnections directly within SIN12, while reaping cost efficiencies by enabling seamless cross connects to other providers already hosted in the facility.    

BW Digital’s in-progress NDP-1 data centre in Batam will further support Digital Realty’s customers with access to colocation and cloud connectivity options in Singapore+ (or SIJORI, the Singapore-Johor-Riau Growth Triangle), one of the region’s fastest-growing digital hubs.

This ‘AI Factory’ NDP1 data centre, with a capacity of 144MW and liquid cooling capabilities, is designed to feature direct on-ramps to BW Digital’s subsea cable landing station for low-latency and resilient links to regional markets.

At a signing ceremony in Singapore today, Serene Nah, Managing Director and Head of Asia Pacific, Digital Realty, said: “Subsea networks are central to Southeast Asia’s digital economy, and Singapore continues to serve as a critical gateway for regional data exchange. By integrating BW Digital’s Nongsa–Changi system into SIN12, we are working to deliver faster and more resilient connectivity to support customers as they scale next-generation workloads. This collaboration reinforces our commitment to strengthening the interconnection foundation that powers the region’s digital growth”.

Virginie Frouin, chief business officer, BW Digital said: “This partnership represents a major milestone for BW Digital, aligning with our mission to support digital transformation by bridging the gap between submarine cable infrastructure and land-based digital platforms in a way that is efficient, secure, and future-ready.”

“We are hoping to enable AI workloads, provide reliable, secure connectivity between Singapore and Batam, support for rising demand in cross-border data exchange, and ongoing collaboration with Digital Realty to empower customers with greater interconnection flexibility”.

About Digital Realty

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

About BW Digital

Headquartered in Singapore and part of BW Group, BW Digital develops, builds and operates digital infrastructure in high-potential markets.

Our vision is to create a sustainable digital ecosystem for cloud and AI workloads by combining data centres, connectivity and renewable energy.

Our main assets include the 15,000km Hawaiki submarine cable connecting Australia, New Zealand and the US since 2018, and the BW Digital Campus at Nongsa Digital Park, comprising the 144MW NDP1 data centre, the NCC submarine cable between Singapore and Batam and the Citra Connect terrestrial fibre network.

Media Contacts
David Binning
Brand Comms Bureau (On behalf of BW Digital)
David.binning@bcbureau.com.au

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the APAC market, development plans in APAC, the company’s strategy, expected growth in digital transformation, and customer demand.  For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

AcroMeta Announces Strategic Joint Venture to provide AI-Powered Global Trade Operating System

AcroMeta Group Limited (“AcroMeta”, or the “Company”, and together with its subsidiaries, the “Group”) today announced a strategic leap into the future of digital trade by entering into a Binding Indicative Term Sheet (the “Term Sheet”) with a technology partner (the “Partner”) for a proposed joint venture (the “Proposed JV”) on 29 November 2025.

The JV will be undertaken through its subsidiary, AcroMeta Lifestyle Pte. Ltd. (“AcroMeta Lifestyle”), which will be develop and provide an AI-powered global trade operating system.

This initiative marks a fundamental shift from passive online marketplaces to an active, intelligent platform that autonomously sources real-time global procurement opportunities and manages the entire trade execution process, including payment, logistics, and customs.

“This joint venture serves as the strategic launchpad for our AI-powered global trade operating platform. By deploying it first within our own ecosystem, we immediately generate a valuable, operational case study and revenue stream. Once we fine tune its efficacy, we will expand into other business, industrial sectors and countries,” Said Mr. Lawrence Toh, Executive Director.

From E-commerce to AI Trade Execution

The Proposed JV will fund the deployment of the AI-powered global trade operating system. This platform will utilize six specialized AI agent clusters—including Customs Data Intelligence, Social Intent Mining, and Government Tender AI—to continuously scan global data sources for verified purchase signals. Suppliers can pay to unlock these high-intent leads, and the platform offers a managed trade service, handling the complex cross-border execution.

JV Structure and Strategic Benefits

Under the Term Sheet, the paid-up capital of AcroMeta Lifestyle will be increased to S$500,000, with AcroMeta contributing S$200,000 for a 51% majority stake and the Partner contributing S$300,000. This structure enables AcroMeta to scale the venture with reduced capital outlay while retaining strategic control.

The technology Partner will assume the role of the general management, bringing day-to-day operational expertise, while AcroMeta maintains full oversight through board chairmanship and financial controls.

A Platform for Global Expansion

The Proposed JV marks a significant step in AcroMeta’s transformation and positions the Group to participate more meaningfully in global AI-driven markets. The Group aims to build new revenue pillars that complement its existing businesses and support sustainable shareholder value.

This media release is to be read in conjunction with SGXNET announcement released on the same date. Reference: https://tinyurl.com/283ykzm8 

About AcroMeta Group Limited (SGX: 43F)

AcroMeta Group Limited (“AcroMeta” or the “Company”, and together with its subsidiaries, the “Group”), is in the business of facility management services. The Company has been listed on the Catalist board of the Singapore Exchange since 2016. For more information, please visit www.acrometa.com.

Media and Analysts Contact:

AcroMeta Group Limited                                
Mr. Lee Foo Tuck                                          
Tel: +65 6743 1300                                          
Email: footuck.lee@acrometa.com                      

Waterbrooks Consultants Pte Ltd
Mr. Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg

This media release has been reviewed by the Company’s Sponsor, W Capital Markets Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”), and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document. The contact person for the Sponsor is Mr Foo Say Nam, 65 Chulia Street #43-01 OCBC Centre, Singapore 049513, telephone (65) 6513 3536.

ARE Unveils Asia’s First Benchmark on Bank Readiness for the Protein Transition

Asia Research & Engagement (ARE) today released the Protein Transition Bank Benchmark 2025, its first assessment of how banks in Southeast Asia and India are beginning to integrate sustainable food and agriculture considerations into their financing frameworks.

Titled, “Banking Asia’s Protein Transition: Financing the Shift Towards Responsible and Sustainable Food and Agriculture Systems”, the study evaluates 24 banks across Singapore, Malaysia, Thailand, Indonesia, the Philippines, and India, offering a comparative view of how prepared financial institutions are in responding to risks and opportunities in supporting a protein-system transition, based on public disclosures.

Building Understanding to Support a Resilient Food System

Kate Blaszak, Director, Protein Transition at Asia Research & Engagement (ARE), said, “Food and agriculture are increasingly material to financial stability, sector resilience, and humane and sustainable outcomes across Asia. This benchmark provides a constructive starting point for banks to build understanding of intersectional risks in this critical sector, strengthen capacity for responsible lending, and engage clients on emerging opportunities in sustainable food systems.”

Regional Snapshot: Early Signs of Momentum

Although maturity varies by market, the benchmark finds that banks across the region are starting to recognise food-and agriculture-related risks and the importance of more resilient, lower-impact food systems.

  • Singaporean banks have responsible-lending frameworks in place, and DBS, UOB, and OCBC have all adopted deforestation-exclusion principles. The next steps are to enhance transparency, demonstrating deforestation and cage-free lending, and boost sustainable finance for this sector.
  • Malaysia’s CIMB and Maybank already support sustainable palm production. They can enhance leadership across their livestock exposure through strengthening nature protection by adding feed-related deforestation exclusions and adding responsible antibiotic use and animal welfare principles to their lending criteria.
  • Thailand’s Kasikornbank, Krung Thai, and SCB reflect early alignment with the country’s expanding plant-based and future-food sector, supporting “Kitchen of the World” ambitions with a clear opportunity to demonstrate leadership in alternative proteins and humane production methods.
  • Indonesia and the Philippines face significant exposure to climate, nature and other agricultural risks. Banks such as BCA, Mandiri, and BDO Unibank are at an early stage of integrating sustainability frameworks for this sector. They can strengthen understanding of the need for more sustainable and resilient agri-finance approaches.
  • India’s ICICI is taking early steps by disclosing climate-risk scenario analyses for the sector. Indian banks overall have yet to include deforestation, animal welfare, or antibiotic-use in their lending criteria, but with food and agriculture identified as a “Priority Lending Sector,” there is a clear case for strengthening lending frameworks to underpin nutritional security and climate resilience.

Early Signals Emerging, Yet Gaps Remain Across Climate, Nature, and Protein Themes

  • Climate: Two banks have begun incorporating food and agriculture into their net-zero strategies — an important early signal in a sector where disclosure of decarbonisation pathways is still emerging. Yet, food and agriculture are significant contributors to climate change as well as being severely impacted by climate change.
  • Animal Welfare: Three banks now reference animal welfare in their responsible lending frameworks, marking the first indications of awareness in this area. The development of measurable standards and sustainable finance for cage-free presents a roadmap for practical progress.
  • Antibiotic Use: Singapore’s UOB has taken an initial step by acknowledging antibiotic stewardship. Expanding this into clear principles for lending evaluation could strengthen risk management, and support food safety.
  • Nature & Biodiversity: DBS, UOB, and CIMB have begun aligning with the Kunming–Montreal Global Biodiversity Framework. High-impact next steps include extending this alignment to food-agri lending and incorporating verification of deforestation exclusions.
  • Plant-Based Proteins: DBS, Maybank, and Krung Thai are among the early movers incorporating plant-based and alternative proteins within sustainable and transition-finance frameworks — signaling recognition of SE Asia’s fast-growing future-food markets.

Looking Ahead: Financing Asia’s Protein Transition

ARE highlights the importance of food and agriculture to Asian economies and the imperative for banks to establish a roadmap for reducing risk and capturing transitional funding opportunities such as plant proteins, deforestation-free feed, humane and nature-based solutions. By learning from leadership among peers and looking towards the models set by some regionally active international banks, Asia’s lenders could help drive sustainable food production with climate, health, animal, and nature protective benefits via more comprehensive responsible lending frameworks and transition finance targets.

“The next wave of sustainable finance will be defined by nutrition, nature, compassion, and resilience,” Blaszak said. “Banks that act early can reduce systemic risks and unlock new sources of value.”

About Asia Research & Engagement (ARE) 

ARE brings leading investors into dialogue with Asian-listed companies to address sustainable development challenges and help companies align with investor priorities. With decades of Asia experience, our cross-cultural team understands the region’s unique needs. Our high-quality independent research, robust investor network, and engagement expertise provide corporate leaders and financial decision makers with insights leading to concrete action.

To learn more about ARE’s Protein Transition programme: https://asiareengage.com/protein-transition/

Contact:
Wani Diwarkar
Email: wani.diwarkar@asiareengage.com
Phone: +65 9832 0643

Developers bring home the gold from the 15th PropertyGuru Asia Property Awards (Singapore)

PropertyGuru, Southeast Asia’s leading property technology company, unveiled the winners of the 15th PropertyGuru Asia Property Awards (Singapore) at a black-tie gala today in Andaz Singapore.

Supported by Mitsubishi Electric Asia, the 2025 PropertyGuru Asia Property Awards (Singapore) honoured the year’s finest real estate achievements in 44 categories, celebrating excellence in property development, design, and individual leadership.

City Developments Limited won the Best Developer award for the first time since 2016, a victory complemented by a win for its project, Union Square Residences.

Chia Ngiang Hong, group general manager of City Developments Limited (CDL), received the inaugural Life Achievement Award, acknowledging his over four decades of exceptional service to the Singapore property market and his exemplary leadership at the Real Estate Developers’ Association of Singapore (REDAS).

Frasers Property Singapore was awarded Best Lifestyle Developer, alongside a win for Sky Eden@Bedok. Parc Greenwich, the company’s joint venture with CSC Land Group (Singapore), was also a winner.

Soon Su Lin, chief executive officer of Frasers Property Singapore, was named Real Estate Personality of the Year for her strategic investments in sustainability, inclusive developments, and ambitious vision for retail and luxury development in the country.

IOI Properties Group emerged as the programme’s most prolific winner, earning the Best Transnational Developer title. Its subsidiary, IOI Properties Singapore, collected four trophies for W Residences Marina View – Singapore, one trophy for W Singapore – Marina View, and two for IOI Central Boulevard Towers.

UOL Group Limited returned this year with two titles: Best Sustainable Developer and Best Residential Developer. Parktown Residence, its joint venture with CapitaLand Development and Singapore Land Group Limited, won four awards.


Upperhouse at Orchard Boulevard, a joint venture between UOL Group Limited and Singapore Land Group Limited, won the prestigious Best Condo Development (Singapore) award. University Road Developments, a project by Best Landed Developer winner Jean Yip Developments, was named Best Boutique Landed Housing Development and Best Housing Development (Singapore).

Allgreen Properties Limited won Best Luxury Developer, along with a trophy for Promenade Peak, while Apex Asia Development Pte. Ltd. won Best Breakthrough Developer, supported by two wins for Artisan 8 by Apex Asia (2) Pte. Ltd. and Food Point @ Tai Seng by Tai Seng Food Point Development Pte. Ltd. The Assembly Place also returned this year with a win for Best Co Living Operator.

The 2025 PropertyGuru Asia Property Awards (Singapore) honoured an array of developments, led by One Marina Gardens by Kingsford Marina Development Pte Ltd and River Green by Wing Tai. Other winning projects this year include Otto Place by Hoi Hup Realty Pte Ltd & Sunway Developments Pte Ltd; Tampines Connection by Soilbuild Group Holdings Ltd; and The Golden Mile by Perennial Holdings Pte Ltd and Far East Organization.



Rounding out the individual honours, Oliver Siah, co-founder and managing director of Fraxtor Group, was named Rising Star for his pioneering use of blockchain technology to democratise real estate investment.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “Singapore’s legacy as a garden city is reflected in our award winners this year with innovative spaces to live, work, and thrive in harmony with nature. The winning developments clearly demonstrate a profound respect for their surroundings, whether by blurring the lines between indoors and outdoors, or sensitively preserving heritage. With transnational reach and homegrown expertise, our awardees deliver generously scaled, flexible spaces, from large-scale residences to innovative industrial projects. As we mark our 15th-year milestone in Singapore, we celebrate the achievements of developers that go for the gold standard in all aspects of design and development.”

Roy Ling, the new chairperson of the PropertyGuru Asia Property Awards (Singapore) judging panel, said: “As we mark the 15th edition of the Awards, we celebrate more than architectural beauty—we honour innovation, purpose, and impact. This year’s winners remind us that great real estate is both future-ready and community-centred. From mega-developments to thoughtful heritage conservation, the award winners set new benchmarks for excellence. Congratulations to all—may your vision continue to shape a Singapore where people don’t just live and work, but truly thrive.”

The independent panel of judges who selected this year’s winners consists of Roy Ling, CEO, board director, and adjunct professor, FollowTrade; Ar. Ivy Koh, director, Architecture + Design, Buildings + Cities, SJ Group; Dr Yeong Ming Keow, associate professor, National University of Singapore; Greg Shand, architect, Robert Greg Shand Architects; Henry Woon, director, Atelier Ten; Saravanan Sugumaran, managing director, Morrow Intelligence Pte Ltd; Shang Chai Chua, partner, Dentons Rodyk & Davidson LLP; and Zhenru Goy, principal architect, Goy Architects.

HLB Singapore Foo Kon Tan supervised the selection process under the leadership of Raymond Kong and Edwin Wee, upholding the fairness, transparency, and credibility of the awards.

The 15th PropertyGuru Asia Property Awards (Singapore) is part of the PropertyGuru Asia Property Awards series, which marks its historic 20th edition in 2025. Over the decades, the series has expanded from its home base of Thailand to markets such as Singapore, Australia, the Middle East, Mainland China, Hong Kong, Macau, Japan, Sri Lanka, Indonesia, Malaysia, the Philippines, and Vietnam.

Top winners of the PropertyGuru Asia Property Awards (Singapore) will compete for Best in Asia honours at the PropertyGuru Asia Property Awards Grand Final in Thailand on 12 December 2025.

Organised by PropertyGuru Group, the 15th PropertyGuru Asia Property Awards (Singapore) is supported by gold sponsor Mitsubishi Electric Asia; official portal partner PropertyGuru.com.sg; official magazine Property Report by PropertyGuru; media partners D+A Magazine, Gazet International, SquareRooms Magazine, Tatler Asia Homes, and Top 10 Singapore; supporting association Singapore Institute of Estate Agents; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

COMPLETE LIST OF WINNERS15th PropertyGuru Asia Property Awards (Singapore)

DEVELOPER AWARDS

Best Developer
WINNER: City Developments Limited 

Best Transnational Developer
WINNER: IOI Properties Group

Best Sustainable Developer
WINNER: UOL Group Limited

Best Lifestyle Developer
WINNER: Frasers Property Singapore

Best Luxury Developer
WINNER: Allgreen Properties Limited

Best Residential Developer
WINNER: UOL Group Limited

Best Landed Developer
WINNER: Jean Yip Developments

Best Breakthrough Developer
WINNER: Apex Asia Development Pte. Ltd.

Best Co Living Operator
WINNER: The Assembly Place

DEVELOPMENT AWARDS

Best Mega Scale Luxury Condo Development
WINNER: One Marina Gardens by Kingsford Marina Development Pte Ltd

Best Mega Scale Condo Development
WINNER: Parktown Residence by CapitaLand Development, UOL Group Limited, & Singapore Land Group Limited

Best Ultra Luxury Condo Development
WINNER: W Residences Marina View – Singapore by IOI Properties Singapore 

Best Luxury Condo Development
WINNER: Upperhouse at Orchard Boulevard by UOL Group Limited & Singapore Land Group Limited
HIGHLY COMMENDED: Promenade Peak by Allgreen Properties Limited

Best Boutique Condo Development
WINNER: Artisan 8 by Apex Asia (2) Pte. Ltd.

Best Lifestyle Condo Development
WINNER: W Residences Marina View – Singapore by IOI Properties Singapore 

Best Completed Executive Condo Development
WINNER: Parc Greenwich by Frasers Property Singapore & CSC Land Group (Singapore)

Best Executive Condo Development
WINNER: Otto Place by Hoi Hup Realty Pte Ltd & Sunway Developments Pte Ltd

Best Private Condo Development
WINNER: Sky Eden@Bedok by Frasers Property Singapore

Best Landed Housing Development
WINNER: Springleaf Collection by The Assembly Place

Best Boutique Landed Housing Development
WINNER: University Road Developments by Jean Yip Developments

Best Industrial Development
WINNER: Tampines Connection by Soilbuild Group Holdings Ltd

Best Food Hub Development
WINNER: Food Point @ Tai Seng by Tai Seng Food Point Development Pte. Ltd.
HIGHLY COMMENDED: EcoFood @ Mandai by UnitedLand Development 

Best Mixed Use Development
WINNER: Union Square Residences by City Developments Limited

Best Lifestyle Commercial Development
WINNER: Odeon by UOL Group Limited

Best Heritage Conservation Development
WINNER: The Golden Mile by Perennial Holdings Pte Ltd and Far East Organization

Best Office Development
WINNER: IOI Central Boulevard Towers by IOI Properties Singapore 

Best Boutique Hotel Development
WINNER: Social on Outram by The Assembly Place

Best Integrated Development 
WINNER: Parktown Residence by CapitaLand Development, UOL Group Limited, & Singapore Land Group Limited

Best Sustainable Development
WINNER: River Green by Wing Tai

Best Co Living Space
WINNER: Serene Living, managed by The Assembly Place

DESIGN AWARDS

Best Mega Scale Condo Architectural Design
WINNER: Parktown Residence by CapitaLand Development, UOL Group Limited, & Singapore Land Group Limited

Best Luxury Condo Architectural Design
WINNER: Promenade Peak by Allgreen Properties Limited
HIGHLY COMMENDED: River Green by Wing Tai
HIGHLY COMMENDED: Upperhouse at Orchard Boulevard by UOL Group Limited & Singapore Land Group Limited

Best Office Architectural Design
WINNER: IOI Central Boulevard Towers by IOI Properties Singapore 

Best Sales Gallery Architectural Design
WINNER: W Residences Marina View – Singapore by IOI Properties Singapore 

Best Ultra Luxury Condo Interior Design
WINNER: W Residences Marina View – Singapore by IOI Properties Singapore 

Best Luxury Condo Interior Design
WINNER: Upperhouse at Orchard Boulevard by UOL Group Limited & Singapore Land Group LimitedHIGHLY COMMENDED: Promenade Peak by Allgreen Properties Limited

Best Mega Scale Condo Landscape Design
WINNER: Parktown Residence by CapitaLand Development, UOL Group Limited, & Singapore Land Group Limited

Best Luxury Condo Landscape Design
WINNER: River Green by Wing TaiHIGHLY COMMENDED: Promenade Peak by Allgreen Properties Limited

Best Hotel Interior Design
WINNER: W Singapore – Marina View by IOI Properties Singapore 

BEST OF SINGAPORE

Best Condo Development (Singapore)
WINNER: Upperhouse at Orchard Boulevard by UOL Group Limited & Singapore Land Group Limited

Best Housing Development (Singapore)
WINNER: University Road Developments by Jean Yip Developments

INDIVIDUAL AWARDS

Life Achievement Award
WINNER: Chia Ngiang Hong, Group General Manager, City Developments Limited (CDL)

Real Estate Personality of the Year
WINNER: Soon Su Lin, Chief Executive Officer, Frasers Property Singapore

Rising Star
WINNER: Oliver Siah, Co-Founder and Managing Director, Fraxtor Group

ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:

PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. 

In 2025, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during PropertyGuru Week in December 2025. 

For more information, please visit AsiaPropertyAwards.com.

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 32 million property seekers monthly2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 18 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its markets in Singapore, Malaysia, Vietnam, and Thailand as well as the region’s biggest and most respected industry recognition platform – PropertyGuru Asia Property Awards, events, and publications across Asia.

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

(1) Based on SimilarWeb data between July 2024 and December 2024.
(2) Based on Google Analytics data between July 2024 and December 2024.
(3) Based on data between October 2024 and December 2024.
(4) Based on data between July 2024 and December 2024.

PROPERTYGURU CONTACTS:

General Enquiries:
Richard Allan Aquino, Head of Brand & Marketing Services
M: +66 92 954 4154
E: allan@propertyguru.com  

Media & Partnerships:
Nate Dacua, Senior Manager, Media and Marketing Services
M: +66 92 701 2510
E: nate@propertyguru.com

Sales & Nominations:
Alicia Loh, Awards Manager (Singapore)
M: +65 8382 0078
E: alicia@propertyguru.com.sg

Sponsorships:
Priyamani Srimokla, Account Manager, Awards Sponsorship
M: +66 85 440 1655
E: priya@propertyguru.com 

Doubleview Gold Corp Announces Non-Brokered Private Placement of Flow-Through Shares at $1.00 per share along with Non-Flow-Through Units

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company” or “Doubleview”) is pleased to announce a non-brokered private placement of flow-through shares and non-flow-through units for gross proceeds of up to C$10,000,000 (the “Private Placement”). Proceeds of the Private Placement shall be used to fund the current exploration program and general working capital. Proceeds of the sale of the FT Shares will be used for exploration work on its BC projects, particularly for the polymetallic Hat Project, located in northwestern BC. This work includes drilling, geological advisory and analytical services as well as other development work and other “Canadian exploration expenses” that qualify as “flow-through mining expenditures” (as such terms are defined in the Income Tax Act (Canada) (the “Tax Act”)).The flow-through portion of the Private Placement will consist of up to 5,000,000 flow-through Shares (“FT shares “) at a price of $1.00 per FT share for up to C$5,000,000.

Additionally, the Company will issue up to 7,142,857 hard dollar units (“non-FT Units”) at a price of $0.70 per non-FT Unit, for up to C$5,000,000. Each non-FT Unit will consist of one common share and one full Warrant at an exercise price of $1.00 for 24 months from the date of issue. Each Warrant shall be subject to an accelerated expiry date at the option of the Company in the event the ten (10) day volume-weighted average price of the common shares of the Company on the TSXV for any ten (10) consecutive trading days is $1.25 or more.

Pursuant to applicable Canadian securities laws and in accordance with the TSX Venture Exchange policies, all securities issued under this Offering will be subject to applicable resale restrictions under applicable securities laws and to the Exchange hold period of four-months and one day from the date of issuance. In connection with the Private placement, Doubleview may pay a finder’s fees in accordance with the policies of the TSXV consisting of cash and/or finder’s shares.

The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange

About Doubleview Gold Corp

A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (WKN: A1W038) and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

Open Pit Model HatResource CategoryTonnageAverage GradeMetal Content
CuEqCuCoAuAgCuEqCuCoAuAg
Mt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand oz
In PitIndicated1500.4080.2210.0080.190.421,353733289292,045
Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

For further details, please refer to the Company’s July 25, 2024 news release.

Qualified Person:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the written technical disclosure contained in the news release. He is not independent of Doubleview as he is a shareholder in the company.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation (collectively, “forward-looking statements”). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Private Placement and other statements concerning the Private Placement; the anticipated use of proceeds from the Private Placement; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company’s plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management’s estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company’s expectations or projections.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272690

Reclaims Global Positions for Next Phase of Growth with Successful Placement and Strong Sector Momentum

SGX-Catalist listed Reclaims Global Limited (“Reclaims Global” or the “Company” and together with its subsidiary, the “Group”), an eco-friendly integrated service provider within Singapore’s construction sector, is pleased to announce that the Company has successfully completed a share placement (“Placement”), comprising a total of 20,000,000 new shares issued at a price of S$0.39 per share, raising gross proceeds of S$7.8 million.

With its integrated and synergistic business model within Singapore’s construction industry, the Group specialises in the customisation of excavation/demolition/building construction solutions, operating fleet management of construction vehicles and equipment as well as the recycling of construction and demolition waste.

“This successful placement marks a key milestone for the Group as the macro growth momentum in Singapore’s construction industry, coupled with national investment in coastal protection initiatives, creates opportunities for Reclaims Global to deliver enhanced long-term value to our stakeholders,” said Mr. Chan Chew Leh, Executive Chairman.

“Building on our established foundation and track record within the construction industry, Reclaims Global is well-positioned to pursue larger-scale projects as a trusted partner. Backed by strong sectoral tailwinds, we aim to expand our market presence and capture new business opportunities via our integrated and synergistic business model,” added Mr. Tan Kok Huat, Executive Director and Chief Executive Officer.

In its latest 1H2026 results (for the financial year ended 31 July 2025) announced on 9 September 2025, Reclaims Global reported revenue growth of 14.9% to S$21.78 million (as compared to previous corresponding period) with net profit of S$2.5 million. The Company has announced an interim dividend of S$0.005 per share for 1H2026 and over the past two years, the Company has paid at least S$0.01 per share of dividends annually.

About Reclaims Global Limited

(SGX – NEX / Bloomberg – RGL: SP/ Reuters – RECL.SI)

Listed on the Catalist of the SGX-ST in March 2019, Reclaims Global Limited is an eco-friendly integrated service provider within Singapore’s construction industry, specialising in the customisation of excavation/demolition/building construction solutions, operating fleet management of construction vehicles and equipment as well as the recycling of construction and demolition waste.

The Group’s integrated and synergistic business model is organised into three main business segments as follows: (1) excavation services; (2) logistics and leasing; and (3) recycling.

Since its inception in 2009, the Group has established a strong reputation and proven track record for reliable execution and timely delivery of diverse projects across the construction sector.

For more information, please refer to the corporate website https://reclaims-enterprise.com

Issued on behalf of Reclaims Global Limited by 8PR Asia Pte Ltd.

Media & Investor Contacts:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com 

Doubleview Gold Corp Announces 320-Meter Eastward Extension at the Hat Polymetallic Deposit, Expanding Mineralized Volume and Remaining Open

Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to report that ongoing drilling at its 100%-owned Hat Polymetallic Deposit in northwestern British Columbia has extended the mineralized system approximately 320 meters eastward, further confirming that the deposit remains open in multiple directions. The 2025 exploration program continues to expand the mineralized envelope, with results expected to contribute significantly to the upcoming Mineral Resource Estimate (MRE).

2025 Exploration Program Highlights

To date in 2025 drill program, the Company has completed more than 10,200 meters of drilling in 14 holes. The focus has been to step out from the known resource limits to prove continuity and scale. Key results from this phase of the program include:

  • Significant Extension: Drill holes H100 through H102 have successfully extended the deposit’s footprint more than 320 meters eastward, confirming that the high-volume porphyry-style mineralization remains open and undefined in this direction.
  • Consistent Mineralization: Mineralization has been intersected in every hole completed in the 2025 program, validating the geological model and suggesting strong continuity of the mineralizing system.
  • Resource Inclusion: The entire drill database to hole H101 will be included in the revised MRE, anticipated for release in 2025. The expanded footprint with stronger assay data and strong visuals as illustrated in the accompanying core photo gallery, is expected to allow a meaningfully increased resource estimate.

The 2025 drilling program comprises more than 10,200 meters in 14 holes and the observed mineralization has been extended more than 320 metres to the east. The interpreted mineralization and the apparent growth in volume provide strong support for the forthcoming MRE that is scheduled for completion within the next 60 days. Fresh assays are being received almost daily from the laboratory and will be released when processed by our technical team.

“These new drill results represent a major step forward in understanding the true scale of the Hat Deposit,” said Farshad Shirvani, President and CEO of Doubleview Gold Corp. “The 320-meter eastward extension, combined with probable continued mineralization beyond the current limits of drilling, highlights the significant expansion potential of the system and positions Doubleview for a meaningful resource upgrade.

“The Hat Deposit, characterized by its copper-gold-cobalt-scandium association, continues to demonstrate robust continuity of mineralization and growing tonnage potential. Drilling to date indicates a broad, strongly mineralized system with elevated scandium and copper values that support the Company’s strategy to define one of North America’s largest critical-metal-bearing polymetallic deposits. Important amounts of gold, cobalt and silver are present.

A detailed drill section and plan map illustrating the newly expanded mineralized area are provided below. In addition, a gallery of approximately 60 core photographs from recently completed, non-reported holes accompanies this release. The Company anticipates announcing assay results from these holes as soon as analytical data are received, validated, and interpreted.”

IMPORTANT VISUAL DISCLOSURE: The visual observations of mineralization, including core photos, are preliminary in nature and are not a substitute for assay results. The Company cautions that visual estimates of mineralization are not indicative of the actual grade or economic viability of the resource. Assay results are pending for the core included in the photos and will be published once received, verified, and analyzed under the Company’s strict Quality Assurance/Quality Control (QA/QC) program.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8003/271591_b1e46f8114db4806_001.jpg

Figure 1: Drill Plan with the Induced Polarization Plan and 2024 Conceptual Pit Outline, showing the new extensions.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/271591_b1e46f8114db4806_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8003/271591_b1e46f8114db4806_002.jpg

Figure 2: Section on H093 to H096, H100 to H102, and 2024 Conceptual Pit Outline 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/271591_b1e46f8114db4806_002full.jpg

Core Photo Gallery: The following images are showing a few mineralization intervals of the H097 to H102:



To view the enhanced versions of these graphics, please visit:
https://www.doubleview.ca/core-samples-h100-to-h102/

About Doubleview Gold Corp
Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) is a Canadian resource company advancing the 100%-owned Hat Polymetallic Project, located in the prolific Golden Triangle of northwestern British Columbia. The Hat hosts a large copper-gold-cobalt-scandium porphyry system with significant critical metal potential. Doubleview is dedicated to responsible exploration, Indigenous engagement, and sustainable development that benefits both shareholders and local communities.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

For more information, please visit: www.doubleview.ca

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

   Average GradeMetal Content
Open Pit Model HatResource CategoryTonnageCuEqCuCoAuAgCuEqCuCoAuAg
Mt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand oz
In PitIndicated1500.4080.2210.0080.190.421,353733289292,045
Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

For further details of the MRE, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271591

JG Summit Expands Partnership with Darwinbox to Elevate Employee Experience

JG Summit Holdings, Inc., one of the Philippines’ largest and more diversified conglomerates, has expanded its partnership with Darwinbox, the AI-powered, mobile-first Human Capital Management (HCM) platform, marking a major milestone in its digital transformation journey. Building on their successful four-year collaboration since 2021, the conglomerate will now unify its people strategy and employee experience—laying the groundwork for a future-ready workforce empowered by AI-driven insights and efficiencies.

“At JG Summit, we recognize that our people are at the heart of everything we do,” said Lance Y. Gokongwei, President and CEO of JG Summit Holdings, Inc. “Their contributions are vital to our continued success, and we are committed to equipping them with the best tools to help them thrive. Our expanded partnership with Darwinbox empowers us to harness AI-driven automation and insights, enabling greater efficiency and effectiveness as we accelerate our business objectives and transform the way we support and grow our talent.”

For JG Summit, this partnership will further unlock workforce potential and sustain competitiveness in a fast-changing business environment. The conglomerate believes that partnering with Darwinbox is a decisive step toward creating cohesion across its ecosystem.

Darwinbox provides a unified platform across the conglomerate, offering centralized talent visibility while empowering the organization to attract, develop, and retain top talent. It aligns workforce capabilities with business goals, driving organizational success.

According to Gulliver Go, Chief Human Resources Officer of JG Summit, the partnership with Darwinbox further streamlines the companies’ HR data, transactions, and systems to enhance employee experience and improve organizational decision-making.

“This also supports our talent agenda by empowering our HR teams with AI-powered insights that provide customized approaches to develop and retain talent. It will significantly reduce the administrative workload of our HR teams through automation and smart workflows,” said Go.

“JG Summit has been one of our first champions in the Philippines and a cornerstone of our expansion in this vibrant market,” said Rohit Chennamaneni, Co-founder of Darwinbox. “While our product is built for the world, we’ve made significant investments to localize it for the Philippines — solving for unique policies and processes here. Continuing our partnership with the group, one of the most agile and forward-thinking conglomerates globally, is truly exciting for us.”

The continued trust of JG Summit underscores Darwinbox’s growing reputation in the region, combining global product innovation with deep local contextualization. This sets a benchmark for how large enterprises in the Philippines can leverage new technology to elevate employee experience.

Trusted by more than 1000+ enterprises globally, Darwinbox was recognized as a Challenger in the Gartner Magic Quadrant for Cloud HCM Suites for enterprises, making it the youngest and only Asian company to receive the accolade. Darwinbox’s recent wave of product rollouts include multi-country payroll solution for the Philippines, 45+ embedded Gen-AI features and the launch of its MCP (model-context-protocol) server making it the first agentic-AI-friendly HR tech platform globally.

“For JG Summit, the benefits go beyond digitization. We are glad to step into the next chapter of our journey with Darwinbox and excited to harness AI-powered capabilities to elevate people management to new heights. This transformation will help us support our workforce better, empower leaders with sharper decisions, and prepare our organization for the future,” Gokongwei added.

About JG Summit:

JG Summit Holdings, Inc. (JGS), a publicly listed company, is one of the largest and more diversified Filipino conglomerates. It is the holding company for a group of companies with substantial business interests in food manufacturing and agro-industrial and commodities (Universal Robina Corp.); real estate and hotel (Robinsons Land Corp.); air transportation (Cebu Pacific Air); digital banking (GoTyme Bank); and petrochemicals (JG Summit Olefins Corporation). The Company also has core investments in telecommunications (PLDT), power generation and distribution (Meralco), banking (Bank of the Philippine Islands) and real estate (Singapore Land Group Limited).

About Darwinbox:

Darwinbox is a new-age, AI-powered HCM platform built for large and agile enterprises. With 1000+ global customers and a presence across Southeast Asia, the Middle East, and India, Darwinbox enables end-to-end employee lifecycle management with modern employee experiences, embedded AI, deep configurability, and region-specific compliance for brands such as Bank of the Philippine Islands, Security Bank, Shakey’s Pizza, Kenangan, Sembcorp, and Banyan Group. Recognized by Gartner, and backed by Salesforce Ventures, TCV, and Sequoia, the company is redefining how people work and grow.

For media inquiries, please contact: 
Rishita.chiranewala@darwinbox.in