Daily Finance Archives - Page 11 of 40

GIM Trading Expands Offices Across Australia to Enhance Client Services

GIM Trading, a leading force in the financial services sector, proudly announces the expansion of its operations with the inauguration of three new offices in Sydney, Brisbane, and Adelaide. This strategic growth from the head office in Melbourne underscores GIM Trading’s unwavering commitment to delivering superior accessibility and personalized service to clients across Australia.

The new offices aim to make GIM Trading’s comprehensive range of financial services more accessible. Clients can now conveniently drop off personal documentation, arrange face-to-face meetings about their portfolios, and receive tailored advice from local experts. This expansion not only simplifies client interactions but also enhances the personalized service for which GIM Trading is renowned.Establishing a presence in multiple cities allows GIM Trading to penetrate new markets and attract clients who prefer local service providers. This expansion is poised to broaden the client base and increase market share. With offices across Australia, GIM Trading gains a competitive edge over firms with a more limited geographic footprint, signaling to clients and competitors alike a steadfast commitment to growth and accessibility.The new offices position GIM Trading to capitalize on regional economic opportunities and diversify its client portfolio. By spreading its presence, the company can better navigate varying economic conditions across different regions. This diversification enhances GIM Trading’s resilience to economic fluctuations, ensuring stability and sustained growth even if one region experiences an economic downturn.Local offices enable GIM Trading to provide quicker and more efficient client support. Clients benefit from timely assistance with their financial needs, leading to improved service quality and increased loyalty. Additionally, expanding into new cities elevates GIM Trading’s visibility and brand awareness, attracting new clients who may not have previously been aware of the company’s services.The new offices are set to attract top financial professionals who prefer to work locally, enhancing GIM Trading’s expertise and service offerings. Local offices also enable deeper engagement with the communities they serve, including participation in local events, partnerships with community organizations, and contributions to local economic development.Stephen Cubis, Chief Executive Officer of GIM Trading, expressed his enthusiasm about the expansion: “We are thrilled to bring our services closer to our clients. This expansion is a testament to our dedication to enhancing client experiences and ensuring that our clients have the support they need, where they need it. Our new offices in Sydney, Brisbane, and Adelaide will enable us to build stronger relationships and deliver more localized and personalized financial solutions.”Michael Fletcher, Senior Financial Advisor at GIM Trading, added: “Having a local presence in these key cities allows us to engage more effectively with our clients. We understand the importance of face-to-face interactions in financial planning and investment management. These new offices will provide our clients with the convenience of meeting their advisors in person, ensuring they receive the highest level of service and expertise.”The new offices are strategically located to serve the growing client base in each region, reflecting GIM Trading’s ongoing commitment to expanding its footprint and enhancing its service delivery across Australia. Clients can expect the same high standards of professionalism and expertise that GIM Trading is known for, now with the added benefit of local access.For more information about the new office locations or to schedule an appointment, please visit the GIM Trading website https://www.gimtrading.com/ or contact info@gimtrading.com.Past performance is not necessarily indicative of future results. GIM Trading, officially registered as Global Investment Marketing Pty Ltd, is an Australian Proprietary Company incorporated on November 10, 2022. The company is registered under Australian Business Number (ABN): 56 663 732 296, Australian Company Number (ACN): 663 732 296. GIM Trading operates as a Financial Services Authorised Representative of Alpha Securities Pty Ltd (AFSL 330757) and holds an AFS Representative Number: 001309866.

Media Contact:Mr. Callum CooperDirector of Research, GIM Tradingcallum.cooper@gimtrading.com, +61 3 9088 1380Level 10, 440 Collins Street, Melbourne, VIC, 3000, Australia

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218364

Doubleview Announces Drilling at the Hat Polymetallic Deposit

Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (“Doubleview” or the “Company”) is pleased to announce resumption of drilling at its Hat Project in Northern British Columbia where, prior to a short worker relief stoppage, work had included 3,460 metres of drilling. As detailed below, current work builds upon the extensive database of technical and statistical models used in preparation of the Company’s first Mineral Resource Estimate (“MRE – V1”) that was announced last week.

The Mineral Resource Estimate reported:

Micon International Limited authored the MRE and fulfilled the criteria for an MRE to meet the definition of potentially economic extraction.
An indicated resource of 150 million tonnes (Mt) and an inferred resource of 477 Mt at 0.2% copper equivalent (“CuEq**”) cut-off grade* or
An indicated resource of 1.353 billion pounds (Blb) of CuEq at 0.408% CuEq, which includes 733 Mlb of copper, 28 Mlb of cobalt, 929 thousand ounces of gold and 2 million ounces of silver and
An inferred resource of 3.619 Blb of CuEq at 0.344% CuEq cut-off grade, which includes 1.945 Blb of copper, 91 Mlb of cobalt, 2.328 million ounces of gold and 7.575 million ounces of silver.
The 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 more detailed information on the mineral resource estimate, please see the Company’s news release dated July 25, 2024.

The main objectives of the 2024 drilling program are to:

Improve grade and further explore mineralization trends identified by statistical and geological models and interpretations
Conduct in-fill drilling in areas where drill holes are sparce or overly widespread and better define the mineral deposit’s envelope
Target areas of shallower mineralization to improve grade and tonnage prior to a future “Version 2” MRE
Enhance our complete database to guide future exploration and resource estimates

The current parameters of the MRE-V1 have been carefully examined using statistical and geological models to guide the 2024 exploration and further develop the Hat deposit.

Initial 2024 drilling was focused on the central Lisle Zone to better define the mineralization, confirm its westerly extension and with greater density of information, demonstrate internal continuity of metal values. Drill holes H072 to H075 (Table 1 and Figure 1) were instrumental in this regard and hole H076, in progress, is expected to provide similar results. The Company has sent the core rock samples from drill holes H072 to H075 to our analytical services provider and we anticipate being able to release assay data in the near future.

Figure 1 illustrates, in Plan and Section views, the locations of our 2024 drill holes.

Mr. Farshad Shirvani, president & CEO of the Company, commented, “We shifted our focus from building an initial resource at the polymetallic Hat deposit to expanding the same. Several opportunities to improve the maiden resource were identified which we want to realize promptly during this year’s field season, including very targeted drilling.”

TABLE 1. Drill Hole Data

Drill Hole ID	UTM – East	UTM – North	Elevation	Max- Depth	Azimuth	Dip	Area
H072	347,866	6,453,952	956.5	761	212	-75	Lisle West
H073	347,866	6,453,952	956.5	771	225	-85	Lisle West
H074	347,866	6,453,952	956.5	609	262.5	-85	Lisle West
H075	347,866	6,453,952	956.5	537	0	-90	Lisle West

The Illustration 1 below depicts the Plan and Section on the drill holes of the Season 1 exploration of 2024.

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Illustration 1; Plan and Section on the drill holes

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/218087_ea816fd714a989d6_001full.jpg

Notes:

* Parameters used to calculate cut-off grade:
Au price US$/oz: 1,900; Ag price US$/oz: 24; Cu price US$/lb: 4; Co price US$/lb: 22; Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%; Mining cost US$/t (OP): 2.5; Processing Cost US$/t: 6; G&A Cost US$/t: 2

** Copper Equivalent Calculation
CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84). Scandium is not part of the copper equivalent calculation.

Quality Assurance and Quality Control:

Core samples are forwarded to the accredited North Vancouver facility of ALS Canada Ltd. where the samples are being prepared using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview’s core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

The Hat Claims property consists of ten mineral tenures covering 5,200 hectares located north of the Golden Bear mine road in northwest BC. For additional 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 Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.

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 current 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218087

Alta Partners with Australia’s Ray White Capital Enhancing Access to Private Real Estate Opportunities

Alta, Asia’s leading digital securities exchange for alternative assets, has partnered with Australia’s largest real estate group, Ray White Capital (RW Capital) to launch the firm’s offerings and broaden access to Australian Real Estate Private Credit.

“We are thrilled to partner with Ray White Capital to bring their exceptional Australian real estate private credit offerings to our platform,” said Muzahir Degani, Head of Private Capital Markets, Alta. “This collaboration aligns perfectly with our mission to democratise access to high-quality alternative assets in Asia and beyond. Alta’s global investor community will now have unprecedented access to the robust and diverse opportunities that Australian real estate private credit presents.”

Australian real estate private credit is currently Australia’s number one investment class by annual investment volume. Private credit allocations in Australia have surpassed equity investments, with $25 billion allocated in 2023 and $54 billion allocated year-to-date in 2024. The non-bank real estate market also is forecast to grow significantly, reaching over $154 billion by 2034 (Dixon, L., “The Sweet Spot in APAC Investment Strategies” at Ray White Capital, June 2024).

RW Capital has demonstrated significant growth in capital deployment for credit strategies over the period from 2021 to 2023. Since 2001, RWC has invested $4.6 billion into real estate-backed credit. More than half of that total – $2.7 billion – has been deployed since 2017. Besides private credit, RW Capital has proven expertise in investing in private equity and real estate private equity, investing across all property sectors (commercial, retail, industrial, residential, pubs/hotels) with a property first approach to transactions.

Dan White, Founder and Managing Director at RW Capital added, “We are excited to collaborate with Alta to expand the reach of our Australian real estate private credit offerings. Our partnership with Alta underscores our commitment to providing global investors with access to high-quality, diversified investment opportunities in the Australian market. Through Alta, we can now offer a more streamlined and accessible approach to investing in Australian real estate private credit.”

As private credit continues to see signals for growth, Alta’s partnerships with global investment firms like RW Capital, Hamilton Lane, Davidson Kempner Capital Management LP to provide access to opportunities across private credit and secondary markets around the world.

In an era marked by evolving investor demands for liquidity and portfolio diversification, Alta is committed to tackling the challenge of private market illiquidity with enhanced access, efficiency, and security. In acknowledgment of those efforts, Alta has recently been named as a 2024 Technology Pioneer by the World Economic Forum and the Best Alternative Asset Exchange 2024 by the UK-based business publication, Capital Finance International.

About Alta

As the leading licensed digital securities exchange for alternative investments in Asia, we are building critical capital market infrastructure backed by the most active securities brokerages and bookrunners on the Singapore Exchange – Phillip Securities, PrimePartners and Nomura Holdings (Japan).

Empowering Private Markets: Through our Digital Exchange, we enable the tokenization and digital custody of alternative assets. This end-to-end solution simplifies and expedites the trading of smaller asset blocks, ultimately facilitating access and liquidity in private markets. We believe that access to capital markets are pivotal in all economies, we recognize that our role in building this critical infrastructure goes beyond facilitating trades; it paves the way for entrepreneurship, job creation, financial inclusion, and economic resilience, fostering a brighter future for emerging markets and economies.

Innovative Financial Ecosystem: Our journey has seen us transition from securities trading and distribution of comprehensive products, including equities, private credit, funds, and asset-backed securities representing real world assets like whiskies and wines, to include fund management and digital custody.

Visit us on https://alta.exchange/

About Ray White Capital

RW Capital is the leading real estate private capital investment manager in Australia and New Zealand. Prior to becoming a GP in 2015, RW Capital was the family office for Ray White, the #1 real estate agency in Australasia with 12,000+ people and 1,000+ offices. Since 2015, RW Capital has realised over $2 billion of real estate private credit investments with an average IRR of 15%+ p.a. for senior debt and 25%+ p.a. in junior debt.

For media inquiries, please contact:
Deeksha Kakkar
Marketing Communications Specialist, Alta
deeksha.kakkar@alta.exchange

Q&M Dental Group Advanced “Treatment Plan” AI-Module Released Today

Mainboard listed Q & M Dental Group (Singapore) Limited (“Q & M” or “the Group” and together with its subsidiaries, the “Group”) is proud to announce the release of the “Treatment Plan” on its Artificial Intelligence (AI)-module developed by its 49%-owned subsidiary, EM2AI, in collaboration with AI Singapore.

The “Treatment Plan” AI-Module leverages state-of-the-art technology including Large Language Models (LLM) to optimise treatment recommendations. It combines the strength of conventional clinical decision support systems, with the advanced processing capabilities of LLM to understand and interpret all data and input effectively.

The tangible benefits for patients are as follows:

Early detection of oral health issues with suggested treatment options based on conditions detected and analysed by AI;
An iterative platform that learns continuously;
Allows patients to be informed of all available treatment options for their individual condition, that is AI-based, resulting in more objective decision-making.

To ensure safety and accuracy, we have implemented thoughtful measures to mitigate potential issues such as inaccurate, over or under-diagnosis to maintain precise control over treatment outcomes. By integrating the latest advancements in LLM, this innovative approach not only enhances the accuracy of treatment options, but also instils confidence in dental professionals by providing reliable insights tailored specifically for each patient.

Furthermore, with the introduction of this “Treatment Plan” Module, the patient journey through advanced AI digital dentistry is now covered from start to end. Starting with the initial consultation and followed by x-ray imaging, the AI swiftly analyses the x-rays for pathologies, auto-generates treatment options and the journey ends with a dental health report that patients can bring back home. This complete and streamlined workflow not only enhances patient satisfaction but also empowers Q & M to deliver superior care to patients with confidence.

Dr Ng Chin Siau, Group Chief Executive Officer of Q & M, said, “This latest release of the AI-Treatment Plan module signifies a significant advancement in our dental clinics’ digital capabilities and enables the Group to offer this enhanced service to patients within its network. Most importantly, our dentists will be able to deliver superior care to our patients, enhancing both clinical outcomes and elevating the overall patient experience. All this, while greatly strengthening our overall value proposition as patients will be provided with holistic analysis with recommendations that will be unbiased and objective. “

“After successfully supporting EM2AI in developing their AI capabilities through the 100E programme in 2018, this new module marks a significant extension of our collaboration under the Short Industry Project (SIP) programme. I am thrilled to see our engineers partnering with EM2AI’s domain experts and AI team to harness large language models (LLMs) for cutting-edge dental treatment planning, ensuring precise, reliable, and patient-centered care. We are committed to continuing our support for local enterprises as they innovate with AI integration, striving to deliver tangible benefits, elevate consumer experiences, and make a positive societal impact,” said Laurence Liew, Director of AI Innovation, AI Singapore.

About Q & M Dental Group (Singapore) Limited (QC7.SI)

Q & M Dental Group (Singapore) Limited (QC7.SI) (“Q & M” or together with its subsidiaries, the “Group”) is a leading private dental healthcare group in Asia.

The Group owns the largest network of private dental outlets in Singapore, operating 105 dental outlets across the country. Underpinned by about 270 experienced dentists and over 350 supporting staff, the Group sees an average of 40,000 patient visits a month in Singapore. The Group also operates 5 medical clinics and a dental supplies and equipment distribution company.

Outside of Singapore, the Group has 44 dental clinics and a dental supplies and equipment distribution company in Malaysia. Q & M is also the substantial shareholder of Aoxin Q & M Dental Group Limited, a dental Group listed on the Catalist board of the Singapore Exchange that operates dental clinics and hospitals primarily in the north-eastern region of the PRC. The Group aims to expand its operations geographically and vertically through the value chain in Malaysia, the PRC and within the ASEAN region.

The Q & M College of Dentistry was established in 2019 to offer postgraduate dental education as part of its commitment to continual education and professional development of dentists. It offers Singapore’s first private postgraduate diploma programme in clinical dentistry.

In 2020, the Group expanded into the medical laboratories and research industry with the strategic investment into Acumen Diagnostics Pte. Ltd. (“Acumen”). Currently, Acumen focuses on developing its range of medical research, tests and solutions to secure viable patents and to achieve successful commercialisation of the medical products in the near future.

The Group was listed on the Mainboard of the Singapore Exchange Securities Trading Limited (“SGX- ST”) on 26 November 2009.

For more information on the Group, please visit www.QandMDental.com.sg

Investor and Media queries, please contact:

Waterbrooks Consultants Pte Ltd
Wayne Koo: wayne.koo@waterbrooks.com.sg (+65) 9338-8166
Derek Yeo: derek@waterbrooks.com.sg (+65) 9791-4707
General: query@waterbrooks.com.sg

Proud Investor Relations partner: https://www.waterbrooks.com.sg/ and https://www.alphainvestholdings.com/

Eton Solutions Launches AtlasFive for Family Office Wealth Management in India; Onboards Catamaran as its Launch Customer

Eton Solutions, a global leader in cloud-based services for family offices of the future, is launching AtlasFive®, its renowned ERP platform for family offices in India. Eton Solutions also announced the family office of Infosys’ founder, Narayana Murthy, Catamaran, as its launch customer. This underscores its commitment to offering a comprehensive, innovative and localised ERP platform for family offices across the country. Headquartered in North Carolina, USA, it has had a presence in India for the past 5 years with over 300 employees at their Global Technology Center in Bengaluru supporting AtlasFive® clients globally.

Catamaran will use Eton Solutions’ AtlasFive® platform to streamline its investment portfolio management and enhance operational planning, reporting and compliance. Eton Solutions has developed a highly sophisticated ERP platform, AtlasFive®, a fully integrated, secure cloud-native AI-driven software tailored to meet the complex needs of family offices, currently managing over $781 billion for 665 families worldwide. Over 11.5 million transactions are processed annually with 92,000 entities on this platform. The platform integrates all operational facets of a family office into a cohesive solution, emphasising efficiency and operating leverage.Eton Solutions is also planning to set up a presence in GIFT City, Gujarat, in the near future to support the growth of its services provided to clients globally. This new Technology Center is a key milestone for the company’s expansion strategy and will serve as a hub for Eton Solutions’ operations in the country, allowing it to leverage the unique advantages of GIFT City’s world-class infrastructure and regulatory environment.”We chose AtlasFive® for its proven ability to streamline investment management across multiple asset classes and to support our growth objectives.” said Deepak Padaki, President of Catamaran. “The platform’s sophisticated workflow automation capabilities will help integrate back-office operations with portfolio management, allowing us to be more productive in our investment activities.”Satyen Patel, Executive Chairman of Eton Solutions, said, “The emergence of India as a financial powerhouse with the 3rd largest concentration of billionaires in the world after China and the USA, fits squarely with Eton Solutions’ international expansion plans. India is a critical market within our global growth strategy, and we are bullish about the opportunities in this geography, and about servicing the diaspora internationally from India. The fact that we are gearing up to open our next Technology Center in GIFT City very soon is a testimony to our commitment.”Satyen added, “We are thrilled to have Catamaran as the first among what we are confident of, will be many marquee customers in India. Our partnership with Catamaran highlights the power and versatility of AtlasFive®. We are confident that our platform will empower Catamaran to achieve its ambitious growth targets while upholding the highest standards of corporate governance.”The availability of advanced platforms such as AtlasFive® in India will be transformative for the Indian family office landscape, making India a more attractive investment destination for family offices globally. Eton Solutions’ vision to address the complex needs of ultra-high-net-worth families is bolstered by a belief that a holistic, integrated platform with support from a team of skilled experts with domain knowledge in the family-office space, can enable single-family offices, multi-family offices, and professional services firms to reimagine the value they can provide to their clients.About Eton Solutions:Eton Solutions is an ERP software product (AtlasFive®) and services company founded to handle the complexities of servicing ultra-high-net-worth families globally. The company is based in the United States, in Research Triangle Park, NC. with its international headquarters in Singapore focused on serving markets outside of the Americas. Created by family office leaders, Eton Solutions’ flagship product is AtlasFive®, managing over US$781 billion on our integrated platform that holistically aggregates and manages all your liquid and alternative investment assets and office’s data, reporting and workflow processes. With one source of truth, Eton Solutions leads family offices into the future by maximising efficiency and minimising errors and risk. Eton Solutions has experienced a CAGR of over 100% since its inception.Visit: https://www.eton-solutions.comAbout Catamaran:Catamaran is the investment firm and family office of Narayana Murthy, founder of Infosys. With over $1 billion in assets, Catamaran focuses on public and private investments across technology, manufacturing, deep-tech and e-commerce.Visit: https://www.catamaran.in/For all media queries, please contact:Ritika Kar | ritika.kar@adfactorspr.com |+91 97113 06380Shraddha Malakar |shraddha.malakar@adfactorspr.com | +91 9167099173

Chaosua Foods Industry (SET: CHAO) opens trading on the Stock Exchange of Thailand

Chaosua Foods Industry PCL (‘CHAO’) today listed its shares for trading on the Stock Exchange of Thailand (SET) in the “Agro & Food” (AGRO) industry group under the “Food and Beverage” (FOOD) business sector, using the abbreviation CHAO for share trading. The Company boasts market leadership in “modern Thai snacks”, which have been popular with consumers for decades.

CHAO, with 66 years in the industry, is ready to leverage current successes by taking Thai brands to the global stage and introducing the “Chaosua” and “Wholesome” brands to a worldwide market under the “Bring Local to Global” concept.The Company is also moving forward with the construction of the second “Wholesome” brand factory and further upgrading operating system automation to support the growth potential derived from expanding into overseas markets. This is reflected in 1Q/2024 operating results, which show net profit for the quarter expanding by 43.4%.Ms Napatr Morin, Chief Executive Officer of CHAO, said the Company has always been committed to creating tasty food products and can be relied upon to produce consistently high-quality products. This characteristic has been driven by innovations and care for the planet. The Vision is to bring the secret recipes of Chaosua’s Thai flavours to the international market while continuously creating new products to fit the “Everyday Consumption” approach in response to the lifestyle of consumers on every occasion, including being the preferred choices for consumers as “Better-For-You Snacks”.At the same time, the Company is determined to create growth in the global market by developing the Chaosua and Wholesome brands into the appropriate and universally accepted global brands under the “Bring Local to Global” concept. This is a part of the drive to grow the Company in quantum jumps in a bid to maintain the leadership in the business of producing and distributing “modern Thai snacks to continually meet the lifestyle needs of consumers. The Company will also continue to expand distribution channels to cover both domestic and international markets to create sustainable growth.”In listing ‘CHAO’ on the Stock Exchange of Thailand, we believe that this move will help promote growth – from the accessibility to capital and to the expansion of production capacity. We are preparing to build the second ‘Wholesome’ factory, along with being ready to further create continuous growth, maintain leadership status in the rice crackers and snack foods processed from pork products, and expand the production of new products in response to current and future consumption trends. More importantly, the company is fully mindful of its responsibility towards society, the environment and all stakeholders, to create good returns for investors in the long term,” Ms Napatr said.Ms Intu-on Morin, Director of Accounting & Finance, CHAO, said that over the past three years, the Company has achieved strong operating results, both in revenue and net profit. In 2021, 2022, and 2023, revenues from sales were 1,135.1 million baht, 1,413.6 million baht, and 1,493.4 million baht, respectively, representing an average annual growth rate of 14.7%. Where net profit was concerned, the Company posted 64.4 million baht, 86.6 million baht, and 161.6 million baht in net profits in 2021, 2022 and 2023, respectively, representing an average growth rate of 58.45%, and the net profit rate continued to increase at 5.6%, 6.1% and 10.7%, respectively. The Company’s growth in net profit was the result of the increase in sales revenue, effective cost management, and economies of scale.Operating results in 1Q/2024 showed a sales income of 336.2 million baht, growing 4.1% compared to 1Q/2023 as a result of the growth of the snack product group. Net profit in Q1/2024 was 26.7 million baht, an increase of 43.4%, compared to Q1/2023, reflecting the strong growth of operating results of the group of companies due to the implementation of the strategic plan as it laid out, the expansion of the market and the customer base, as well as the expansion of the distribution channels both domestically and abroad to foster sustainable growth.Mr. Pongsak Phrukpaisal, Managing Director of Kasikorn Securities, CHAO’s financial advisor and an underwriter, said that CHAO is considered a Company with strong fundamentals, creating good returns for investors, with its strength of being a leader in the modern Thai snack market with No.1 market share in the rice crackers category (78.5% in 2022) and snacks processed from pork (57.2% in 2022). The Company has a wide variety of products that are able to respond to consumer lifestyles, continuously developing new products under the “Better-for-You Snack” concept to meet constantly shifting consumption trends. The Company owns the popular “Chaosua” brand, gaining confidence in its quality by international standards. The distribution channels are wide and varied, while its 66 years of experience and expertise in the industry are reflected in its ability to make profits with a clear investment plan to expand the business.In addition, the Company is still in a growth stage and the offering is classified as “Growth Stock” due to being in an industry with a high growth rate, while it is also able to create new products to continuously meet the needs of consumers. That, along with the overseas market expansion plans in countries with growth potential. At the time of the IPO, CHAO was considered a new offering that institutional and retail investors were very much interested in, with a total offering value of 1,034.67 million baht after being listed on the Stock Exchange of Thailand. This development will help to enhance “Chaosua’s” business growth potential while also creating sustainable growth for the maximum benefit of shareholders and all stakeholders. Therefore, CHAO will be another quality stock for investors in the Thai capital market to consider, said Pongsak.Released by Public Relations Dept., MT Multimedia Co., Ltd. for Chao Sua Foods Industry Plc.For additional information, please contact: Wasana “Jeab” WongsiriTel: +66 (0) 84 359 0659, +66 (0) 2 612 2081 ext. 131; Email: wasana.w@mtmultimedia.comChoose Foods Industry [SET: CHAO; CHAO/F; CHAO-R] https://www.chaosua.com/en/

Proven Land Sdn. Bhd. Announces Partnership and Investment in EXSIM, Supported by Octowill Trustees

Proven Land Sdn Bhd (“Proven Land”) is pleased to announce the signing of an agreement with a wholly owned subsidiary of EXSIM Development Sdn Bhd (“EXSIM”) to subscribe a stake in the renowned property development company. This collaboration allows Proven Land to benefit from a diverse and innovative project portfolio that promises significant growth and development opportunities.

Mr Jack Leong, Director of Proven Land; Mr Lim Aik Hoe, Managing Director of EXSIM Development Sdn Bhd [L-R]

EXSIM, known for its cutting-edge green and sustainable projects, has a prominent presence in the property development sector. Some notable hospitality projects of EXSIM which have been successfully completed includes Expressionz Professional Suites @ Tun Razak, Ceylonz Suites @ Bukit Ceylon, Scarletz Suites @ KL City Centre and Mossaz @ Damansara Perdana.

With a history of excellence and numerous successful developments, EXSIM has played a pivotal role in shaping the urban landscape and driving economic growth. This partnership is poised to harness the parties’ expertise to foster substantial growth in the property sector.

Mr. Jack Leong, Director of Proven Land commented, “Our investment in EXSIM marks a significant milestone for Proven Land. By subscribing the stake, we are poised to leverage their innovative projects and expertise, enhancing our portfolio and creating new opportunities for growth. This collaboration underscores our commitment to high-potential sectors and driving economic prosperity in the ASEAN region.”

Mr Lim Aik Hoe, Managing Director of EXSIM, said “We are delighted to welcome Proven Land as our partner. This collaboration signifies their confidence EXSIM in building more greener and sustainable developments, while elevating the living lifestyle of our buyers. We hope to have more partnership with Proven Land in the future, perhaps in different component of development too.”

On the same day, Proven Land also entered into an agreement with Octowill Trustees Berhad (“Octowill”), which will support Proven Land’s future development.

The Management of Octowill Trustees, remarked, “Our investment in Proven Land underscores our belief in the strategic vision and robust potential of Proven Land. This collaboration is set to unlock significant value for our stakeholders and drive sustainable growth, especially in the rapidly growing urban development landscape.”

Looking ahead, Proven Land remains highly optimistic about the future growth of the property development landscape in Malaysia. The Company is committed to identifying and capitalising on high-potential opportunities, driving innovation, and contributing to the economic prosperity of the region.

ABOUT PROVEN LAND SDN. BHD.

Proven Land Sdn. Bhd. is a Malaysia-based company dedicated to advancing sustainable property development. Proven Land focuses on creating innovative, eco-friendly developments that contribute to the well-being of communities and the environment. The company leverages expertise in property development to transform innovative ideas into successful, sustainable projects.

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Proven Venture Capital Ltd.

For more information, please contact:
Jazzmin Wan
Tel: +60 17-289 4110
Email: j.wan@swanconsultancy.biz

Aimee Tan
Tel: +60 16-512 0051
Email: a.tan@swanconsultancy.biz

Go Hub Capital Berhad Commences Trading on ACE Market with Strong Opening Price of RM0.80

Go Hub Capital Berhad (“Go Hub” or the “Company”), a key transportation information technology (IT) solutions provider, proudly marked its debut today on the ACE Market of Bursa Malaysia Securities Berhad. The shares opened at RM0.80 per share, showcasing a strong market reception and achieving significant 128.57% premium over the IPO price of RM0.35 per share.

Mr. Eng Chee Seng, Chief Business Development Officer, Go Hub Capital Berhad; Cik Alwizah Al-Yafii Binti Ahmad Kamal, Independent Non-Executive Director, Go Hub Capital Berhad; En. Zulkifly Bin Zakaria, Independent Non-Executive Chairman, Go Hub Capital Berhad; Mr. Hong Boon Huon, Chief Technology Officer, Go Hub Capital Berhad; Mr Tan Cherng Thong, Executive Director / CEO, Go Hub Capital Berhad; Ms. Lee Li Yee Executive, Director / Finance Director, Go Hub Capital Berhad; Ms. Poh Zuan Yin, Independent Non-Executive Director, Go Hub Capital Berhad; Mr. Lee Yew Weng, Independent Non-Executive Director, Go Hub Capital Berhad [L-R]

Go Hub was listed under the stock name “GOHUB” today with the stock code “0311”.

Having a proven track record in terminal operating systems, bus operating systems, and automated fare collection systems, Go Hub group is a recognised leader in the public transportation IT solutions industry. The Company’s innovative technologies and commitment to operational efficiency have been instrumental in enhancing the quality of public transportation services and contributing to clients’ environmental, social, and governance (“ESG”) targets, including improving operational efficiency and passengers’ experience.

The successful initial public offering of Go Hub Capital Berhad raised approximately RM37.51 million, allocated as follows: RM24.71 towards business expansion, RM4.00 million for the repayment of bank borrowings, RM4.80 million for working capital requirements, and RM4.00 million reserved for payment of listing expenses.

En. Zulkifly Bin Zakaria, Independent Non-Executive Chairman of Go Hub expressed excitement: “This successful listing marks a significant milestone for Go Hub. It reflects the hard work and dedication of our team and the confidence the market has in our vision and strategy. We are enthusiastic about the opportunities this will bring, allowing us to further enhance our services and expand our reach within Malaysia.”

“The positive investor response to our IPO underscores the market’s belief in our capabilities and growth potential. We look forward to leveraging this momentum to drive Go Hub’s growth and to solidify our position as a key IT solutions provider in the public transportation sector.”

UOB Kay Hian Securities (M) Sdn. Bhd. is the Principal Adviser, Sponsor, Underwriter and Placement Agent for Go Hub.

ABOUT GO HUB CAPITAL BERHAD

Go Hub Capital Berhad (“Go Hub” or the “Company”) was incorporated in Malaysia as a private limited company under the name Go Hub Capital Sdn. Bhd. and converted to a public limited company, assuming its current name. Through its subsidiary, principally involved in the provision of enterprise IT services, focusing on providing transportation IT solutions (including customised software development systems and integration of hardware and software systems) in the bus and rail segments. Go Hub develops transportation IT solutions such as the Terminal Operating System (“TOS”) and the Bus Operating System (“BOS”) as well as the Automated Fare Collection System (“AFC”), which enhances the operational efficiency of public transportation infrastructures. Go Hub’s offerings also extend to include maintenance and support services as well as terminal management services for the IT solutions delivered. These technologies are crucial for entities looking to modernise, streamline and optimise its operational process flow and improve passengers’ travel experience through advanced digital platforms.

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Go Hub Capital Berhad

For more information, please contact:
Jazzmin Wan
Tel: +60 17-289 4110
Email: j.wan@swanconsultancy.biz

William Yeo
Tel: +60 16-213 2103
Email: w.yeo@swanconsultancy.biz

2024 PropertyGuru Asia Property Awards (Greater Niseko) to honour Japan’s premier resort market

The 2024 edition of the PropertyGuru Asia Property Awards (Greater Niseko) is now accepting entries across a broad range of categories that aims to elevate the standards of development and design in Japan’s alpine real estate markets.

Submissions from eligible entrants from the Greater Niseko region are being accepted via asiapropertyawards.com until 13 September 2024.

People’s Choice Awards return for 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty

PropertyGuru Group (NYSE:PGRU), Southeast Asia’s leading property technology company, is delighted to present the return of the highly anticipated People’s Choice Awards as part of the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty 2024.

Voting for the People’s Choice Awards is now open until 14th July 2024

The People’s Choice Awards are special honours conferred upon Malaysia’s distinguished development companies based on their project quality, brand reputation, and consumer satisfaction. These categories are entirely voted for by consumers and audited by a third-party supervisor.

The first 500 voters will have the chance to win a prize voucher. Vote now via: https://peopleschoiceawards.asia/malaysia/vote/

This year’s voting runs from 1 July to 14 July 2024, offering property seekers the opportunity to make their voices heard and vote for their favourite and trusted developers. Only residents based in Malaysia are eligible to cast their vote.

Voting for the People’s Choice Awards 2024 is now open via: https://peopleschoiceawards.asia/malaysia/vote/

By participating in the People’s Choice Awards at the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty 2024, voters take part in Malaysia’s leading real estate awards programme.

The People’s Choice Awards are in addition to the competitive categories of the PropertyGuru Asia Awards Malaysia in partnership with iProperty. The black-tie gala dinner and presentation ceremony will be held on 25 October 2024 at The St. Regis Kuala Lumpur.

Key dates of the 2024 edition:
1-14 July 2024 – People’s Choice Awards voting period
15-17 July 2024 – Live Judging Days
25 October 2024 – Gala Dinner and Awards Ceremony in Kuala Lumpur, Malaysia

Empowering consumers

Kenneth Soh, country manager for Malaysia at PropertyGuru Group, said: “We are excited to present the latest edition of the People’s Choice Awards, an initiative empowering you, our esteemed consumers, to identify and recognise developers who have distinguished themselves in the property sector. By participating in the voting process, you assert your preferences and incentivise Malaysian developers to prioritise the best interests of consumers. The feedback from property seekers is crucial, and these awards honour those who successfully build spaces for the greater good of the community.”

Introduced in 2014, the People’s Choice Awards have been integrated into the PropertyGuru Asia Property Awards programme since PropertyGuru Malaysia and iProperty, the country’s two leading property portals, set a new single benchmark for excellence in real estate in 2022.

To maintain the integrity of the voting process, the results are independently verified by the official balloting partner, HLB Ler Lum Chew, a member of the “2024 Network of the Year” winner HLB International, the esteemed global network of independent professional accounting firms and business advisers.

Fair, credible, transparent judging

An 18-member, professional judging panel will provide their fair, credible, transparent perspectives on the entries to the PropertyGuru Asia Awards Malaysia in partnership with iProperty. The judges, comprising experts in real estate and various fields, will take part in the Live Judging Days from 15 July to 17 July 2024 to recognise the best developers, developments, and designs in 105 award categories.

HLB Ler Lum Chew is also entrusted with overseeing the entire judging process and ensuring that it is conducted with integrity and transparency.

The PropertyGuru Asia Awards Malaysia in partnership with iProperty are part of the regional PropertyGuru Asia Property Awards series, which marks its 19th year in 2024. The series covers key markets across the region, spanning Southeast Asia, East Asia, South Asia, and Oceania, with exclusive gala dinners and awards ceremonies that represent the most anticipated property events of the year.

Top winners in Malaysia in the competitive categories will get the chance to compete with their peers abroad for the coveted titles of “Best in Asia” at the 19th PropertyGuru Asia Property Awards Grand Final, which will be presented on 13 December 2024 in Bangkok.

Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty are supported by official portal partners PropertyGuru.com.my and iProperty.com.my; official ESG knowledge partners GreenRE and Malaysia Green Building Council; official magazine Property Report by PropertyGuru; media partners Kopi & Property, Marketing In Asia, Niaga Times, Penang Property Talk, The Grid Asia, The Malaysia Voice, and Top 10 Malaysia; and official supervisor HLB.

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

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 2024, 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 2024.

For more information, please visit AsiaPropertyAwards.com

ABOUT PROPERTYGURU GROUP

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 34 million property seekers2 to connect with almost 55,000 agents monthly3 to find their dream home. PropertyGuru empowers property seekers with more than 2.8 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 16 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 core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.

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

(1) Based on SimilarWeb data between July 2023 and December 2023.
(2) Based on Google Analytics data between July 2023 and December 2023.
(3) Based on data between October 2023 and December 2023.
(4) Based on data between October 2023 and December 2023.

PROPERTYGURU CONTACTS:

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

Sales & Nominations:
June Fong, Events Director & Head of Awards (Malaysia)
M: +6019-319 0127
E: june.fong@iproperty.com.my

Media & Partnerships:
Nate Dacua, Senior Manager, Media & Marketing Services
M: +66 92 701 2519
E: nate@propertyguru.com