Category: Engineering

Rio Tinto & GMG Battery Partnership Video Launch

Graphene Manufacturing Group Limited (TSXV: GMG) (GMG or the Company) is pleased to provide a business update on the battery development partnership with Rio Tinto (Rio Tinto). The launch of this promotional video will celebrate the partnership between GMG and Rio Tinto to develop graphene aluminium ion batteries.

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Figure 1

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The launch YouTube video can be seen at https://youtu.be/_ZD-uHcGxtQ?si=S3X2lknqpXcHan6O

On the 18th May 2023, GMG announced that GMG and Rio Tinto had signed a binding Joint Development Agreement (“JDA”) with the goal of accelerating the development and application of GMG’s Graphene Aluminium-Ion batteries in the mining and minerals industry. Rio Tinto will contribute technical and operational performance criteria and A$6 million, in exchange for preferential access rights.

Rio Tinto has put the net zero transition at the heart of its business strategy: combining investments in commodities that enable the energy transition with actions to decarbonise their operations and value chains. The JDA seeks to support the accelerated development of GMG’s Graphene Aluminium-Ion Batteries for use in heavy mobile equipment and grid energy storage applications in the mining and mineral industry.

The JDA builds on the existing collaboration for Rio Tinto to explore the use of GMG’s Energy Saving and Energy Storage solutions (see Company announcement on 18th May 2022). The JDA aims to co-develop GMG’s Graphene Aluminium-Ion battery pouch cell into an initial battery pack/module proof of concept. Rio Tinto will seek to involve Original Equipment Manufacturers (“OEMs”), including Heavy Mobile Equipment OEMs, to work with GMG and Rio Tinto to align the battery pack development with end-use requirements.

Success could see performance enhancements for Rio Tinto, including faster charging and longer-life batteries for heavy mobile equipment and grid energy storage, as well as supporting Rio Tinto’s decarbonisation ambitions.

GMG will retain ownership of the intellectual property of the GMG Graphene Aluminium Ion Battery Pouch Cell and Battery Pack. Upon successfully completing the joint project, Rio Tinto will have the right to procure and use the batteries in their operations.

Rio Tinto Chief Scientist, Nigel Steward, said, “We are excited with the progress made with our partnership with GMG to date. We both share a vision of a low-carbon future and for Rio Tinto, it’s a crucial time to partner with companies like GMG to accelerate battery technology and innovation. We are looking forward to continuing our collaboration and leveraging our combined expertise and resources to develop a truly green battery that has the potential to improve the way we supply and store energy.”

GMG’s Managing Director and CEO, Craig Nicol, commented: “GMG is genuinely excited about our ongoing collaboration with Rio Tinto, one of the world’s largest mining companies who are committed to leveraging leading technologies for efficient and low carbon operations. We are happy with the progress to date with our joint development with Rio Tinto on the Graphene Aluminium-Ion battery and their applications.”

Jack Perkowski, GMG’s Chairman, commented: “I am very pleased with the progress made between GMG and Rio Tinto on battery development and look forward to seeing the next stages of the development program rollout. We are proud to be chosen as Rio Tinto’s partner.”

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

GMG’s 4 critical business objectives remain to:

  1. Produce Graphene and improve/scale the production process
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

About THERMAL-XR® powered by GMG Graphene:
THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the launch of the promotional video, Rio Tinto’s contributions under the JDA, the goals of the JDA, the involvement of OEMs in the development of the Company’s graphene aluminium ion batteries, the potential benefits and applications of a graphene aluminium ion battery pack, the continued partnership between Rio Tinto and GMG, and the benefits therefrom, and the next stages of the development program rollout.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to the launch of the promotional video, that the JDA and partnership with Rio Tinto will proceed as currently contemplated, that the Company will derive the expected benefits from the JDA and partnership with Rio Tinto, that the successful development of a graphene aluminium ion battery pack will yield the expected benefits and be applicable to the anticipated industries, and that the next stages of the development program rollout will align with management’s expectations. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the launch of the promotional video will differ for management’s expectations, that the JDA and partnership with Rio Tinto will not continue as currently contemplated, that OEMs will not participate in the development of the Company’s products, that the Company will be unable to successfully develop a graphene aluminium ion battery pack, or that a graphene aluminium ion battery pack will not provide the expected benefits or be applicable to the expected industries, that the development program rollout will not proceed to the next stages, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 12, 2023 available for review on the Company’s profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR(R)

October 30, 2023) – Graphene Manufacturing Group Limited (TSXV: GMG) (“GMG” or the “Company”) is pleased to provide a business update on the commercialisation progress of THERMAL-XR® powered by GMG Graphene.

GMG has now received forward orders of over AU$400k for THERMAL-XR® from various distributors and customers worldwide. Most of the value of these orders is conditional on the in-country approval for the THERMAL-XR® to be imported from Australia and sold into that country for the product’s initial launch.

The Company also continues to progress negotiations with a wide range of distributor and direct industrial end-use customers for a range of applications and hopes to make further announcements soon.

Preparations for the early 2024 product launch in the USA by Nu-Calgon are advanced with marketing, sales and customer engagement activities well progressed supported by continuing demonstrations of successful energy savings results. A recent demonstration project in Texas achieved an estimated 36% energy savings result, as per Figure 1. The air conditioner serviced was a 30-ton Aaon packaged rooftop air-conditioning system, as per Figure 2.

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Figure 1.0 Energy Consumption Reduction from Thermal-XR® Service

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Figure 2.0 Air Conditioning Equipment for Texas Demonstration Project

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THERMAL-XR® is progressing through the USA Environmental Protection Agency’s (EPA) approval process to import and sell in the USA. All the required documentation has been submitted, and the EPA has assigned a case number as part of the thorough evaluation of the product’s safety and environmental impact. The Company believes the potential approval will be received in Q4’23.

To support distributors, and advance the adoption and ease of explanation for THERMAL-XR® GMG has developed an online virtual tour of the THERMAL-XR® Demonstration Centre on its website:
www.graphenemg.com/graphene-products/thermal-xr/virtual-tour/

GMG has also successfully passed Stage One (Gap Analysis) of the ISO 9001 accreditation process and is on track to complete the final stages and receive full accreditation for ISO9001, for Quality Management, in H1 2024. GMG sees ISO 9001 accreditation as an important table stake to become a commercial manufacturing operation for our energy saving and energy storage products while also providing a structured basis for continuous improvement for our company’s operations and customer satisfaction.

GMG’s Managing Director and CEO, Craig Nicol, commented: “The progress GMG is making is exciting. End customers and distributors are now starting to generate notable revenue for the Company, and our THERMAL-XR® product is now starting to be recognised as being an energy-savings solution for Heating, Ventilation, Air-Conditioning, Cooling and Refrigeration (HVAC-R) equipment as well as a range of industrial applications. We continue to build capabilities to support these expected increased sales by upgrading our production facilities including our quality management systems.”

GMG’s 4 critical business objectives remain to:

  1. Produce Graphene and improve/scale the production process
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the progression of end-user engagement in the United States, the official NuCalgon launch and the timing thereof, the impact of case studies on establishing the North American user experience with THERMAL-XR®, the advancement of GMG’s ISO 9001 accreditation and the timing and benefits therefrom, the progression of THERMAL-XR® through the Environmental Protection Agency’s approval process, and the recognition of THERMAL-XR® as an energy savings alternative for HVAC-R equipment.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to the timing and benefits of the expected official NuCalgon launch, the impact of case studies on establishing the North American user experience with THERMAL-XR®, that positive energy savings results will drive user engagement in the United States, that GMG will obtain its ISO 9001 accreditation on the expected timeline and derive the expected benefits therefrom, that THERMAL-XR® will progress through the Environmental Protection Agency’s approval process on the expected timeline, and that recognition of THERMAL-XR® as an energy savings alternative in the HVAC-R market is increasing. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the expected official NuCalgon launch will not occur in early 2024 or at all, that the Company’s case study will not help establish a North American user experience with THERMAL-XR®, that THERMAL-XR®’s energy saving results will not drive user engagement as currently expected by management, that GMG will not obtain its ISO 9001 accreditation in H1 2024 or at all, that THERMAL-XR® will not be approved by the Environmental Protection Agency by Q4 2023 or at all, that THERMAL-XR® will not be seen as an energy savings alternative in the HVAC-R market, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 18, 2022 available for review on the Company’s profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185596

Impressive companies, remarkable individuals take centre stage at the 13th PropertyGuru Asia Property Awards (Singapore)

PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today named the Winners and Highly Commended recipients of the 13th Annual PropertyGuru Asia Property Awards (Singapore), supported by Mitsubishi Electric Asia Pte Ltd.

Singapore’s finest development companies and most accomplished real estate leaders were present at the black-tie gala dinner and presentation ceremony held at The Ritz-Carlton, Millenia Singapore. Around 49 golden statuettes, representing a diverse array of categories, were presented at the gala event, celebrating established and up-and-coming names alike in the real estate industry.

GuocoLand earned the Best Developer award, its fourth win in this category, in addition to the Special Recognition in ESG and Special Recognition in Sustainable Design and Construction. The company also garnered three wins for its project Lentor Modern, namely Best Integrated Development, Best Private Condo Development, and Best Private Condo Architectural Design.      

UOL Group Limited, last year’s Best Developer titleholder, was named Best Residential Developer, Best Sustainable Developer, and Best Hospitality Developer. The company also gained two Special Recognitions. UOL Group Limited and Singapore Land Group Limited jointly won four titles for their projects Watten House and Pinetree Hill.

Hoi Hup Realty Pte Ltd was named Best Lifestyle Developer while its subsidiary Hoi Hup Sunway Katong Pte Ltd scored four wins for the project known as The Continuum. Another subsidiary, Hoi Hup Sunway Kent Ridge Pte Ltd, attained a win for its project Terra Hill.

Frasers Property Singapore was another big winner of the night, scoring six wins, including Best Mixed Use Developer. Riviere, a project by Frasers Property Singapore, gained two wins, including the sought-after Best Condo Development (Singapore) award.

The sought-after Best Housing Development (Singapore) title went to Pollen Collection, a project by Bukit Sembawang Estates Limited. The company achieved a total of four wins, including the title of Best Landed Developer.

Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management) received the Best Commercial Developer title, plus two wins for its project Solitaire on Cecil. Da Vinci Land was meanwhile named Best Breakthrough Developer.

The Assembly Place won the title of Best Co Living Operator  , buoyed by a win for the project Campus @ Telok Kurau. Eugene Lim YJ, founder and CEO, The Assembly Place, came to accept the very first Rising Star award, presented by official portal partner PropertyGuru.com.sg, in recognition of his impactful arrival in the real estate scene.  

Tan Zhiyong, chief executive officer, MCC Singapore, also graced the celebration with his presence. He accepted the Singapore Real Estate of the Year award from the editorial team of Property Report by PropertyGuru, the official magazine.

Tan Zhiyong said: “I am proud to be conferred the Real Estate Personality of the Year award and I would like to thank PropertyGuru for this accolade. It is my privilege to be inducted in the hall of fame for this category.”

Another big winner of the night was EL Development Pte Ltd, garnering five wins for the projects Pullman Singapore Hill Street and Blossoms By The Park.

Jeremy Williams, managing director, Marketplaces, PropertyGuru Group, said: “I would like to extend my congratulations to this year’s recipients of the PropertyGuru Asia Property Awards (Singapore), celebrating the country’s finest developers, projects, and designs. The accolades this year have been presented to established and emerging names alike in the industry, and deservedly so. With their forward-thinking, sustainable ideas and innovations, these exemplary enterprises can light the way for building the cities of tomorrow, starting with Singapore, and deliver value to property seekers.”

Jules Kay, GM of PropertyGuru Asia Property Awards and Events, said: “The style, sustainability, and smartness of Singapore’s world-leading built spaces never fail to impress. The best developments in the Lion State not only meet the needs of the property seeker, but also the greater good of the community. With a variety property types and target buyers, this year’s winning projects represent Singapore real estate at its finest: technologically sophisticated, well-integrated into the local environment, and thoughtfully designed. As part of the region’s business and tourist hub, these award-winning properties set the stage for how people will live, work, and thrive in tomorrow’s cities.”

The independent panel of judges who determined the list of awardees this year consist of Kristin Thorsteins, chairperson of the Awards in Singapore and head of partnerships – growth for APAC, IWG PLC; Annalisa Dass, director, digital strategy, EY-Parthenon; Chua Shang Chai, partner, Dentons Rodyk & Davidson LLP; Greg Shand, architect, Robert Greg Shand Architects; Henry Woon, director, Atelier Ten; Ar. Ivy Koh, deputy COO, SJ Architecture, Surbana Jurong Consultants Pte Ltd.; Roy Ling, CEO, board director, and adjunct professor, FollowTrade; Tay Kah Poh, adjunct associate professor, NUS Department of Real Estate; and Wenhui Lim, partner, Spark Architects.

As official supervisor, HLB Singapore Foo Kon Tan upheld the selection process’ fairness, transparency, and integrity, under the leadership of Raymond Kong and Chen Tsai-Wei Vivian.

Main country winners of the PropertyGuru Asia Property Awards (Singapore) will be eligible to advance to the 18th PropertyGuru Asia Property Awards Grand Final on Friday, 8 December in Bangkok, Thailand. Winners will compete for honours against their peers from Cambodia, Indonesia, Malaysia, Philippines, Thailand, and Vietnam, as well as Australia, India, Japan, and China.

Organised by PropertyGuru Group, the 13th PropertyGuru Asia Property Awards (Singapore) are supported by gold sponsor Mitsubishi Electric Asia Pte Ltd.; official portal partner PropertyGuru.com.sg; official magazine Property Report by PropertyGuru; media partners AspirantSG, d+a Magazine, SquareRooms, and Top 10 Singapore; supporting association Singapore Estate Agents Association; and official supervisor HLB.

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

COMPLETE LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

13th PropertyGuru Asia Property Awards (Singapore)

DEVELOPER AWARDS                            

Best Developer                                 
WINNER: GuocoLand

Best Residential Developer                            
WINNER: UOL Group Limited        

Best Landed Developer                  
WINNER: Bukit Sembawang Estates Limited

Best Mixed Use Developer                              
WINNER: Frasers Property Singapore                           

Best Commercial Developer                           
WINNER: Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management)

Best Hospitality Developer                             
WINNER: UOL Group Limited

Best Lifestyle Developer                                  
WINNER: Hoi Hup Realty Pte Ltd

Best Sustainable Developer                           
WINNER: UOL Group Limited

Best Breakthrough Developer                        
WINNER: Da Vinci Land                            

Best Co Living Operator                 
WINNER: The Assembly Place

DEVELOPMENT AWARDS

Best Integrated Development                       
WINNER: Lentor Modern by GuocoLand

Best Mixed Use Development                        
WINNER: One Bernam by HY-MCC (Bernam) Pte Ltd

Best Mega Scale Condo Development                          
WINNER: Grand Dunman by Grand Dunman Pte. Ltd.                            

Best Ultra Luxury Condo Development                        
WINNER: Klimt Cairnhill by Low Keng Huat (S) Limited                            

Best Luxury Condo Development                 
WINNER: Watten House by UOL Group Limited and Singapore Land Group Limited                            

Best Premium Condo Development                               
WINNER: The Continuum by Hoi Hup Sunway Katong Pte Ltd
HIGHLY COMMENDED: Pinetree Hill by UOL Group Limited and Singapore Land Group Limited
HIGHLY COMMENDED: Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd                            

Best Private Condo Development                
WINNER: Lentor Modern by GuocoLand
HIGHLY COMMENDED: Blossoms By The Park by EL Development Pte Ltd
HIGHLY COMMENDED: Grand Dunman by Grand Dunman Pte. Ltd.
HIGHLY COMMENDED: The LakeGarden Residences by Wing Tai Asia                            

Best Executive Condo Development                              
WINNER: Altura by TQS (2) Development Pte Ltd          

Best Completed Private Condo Development                              
WINNER: Seaside Residences by Frasers Property Singapore                                              

Best Nature Integrated Development                           
WINNER: The LakeGarden Residences by Wing Tai Asia
HIGHLY COMMENDED: Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd                            

Best Waterfront Condo Development                           
WINNER: Riviere by Frasers Property Singapore                            

Best Landed Housing Development                              
WINNER: Pollen Collection by Bukit Sembawang Estates Limited                            

Best Lifestyle Development                            
WINNER: The Continuum by Hoi Hup Sunway Katong Pte Ltd                            

Best Green Development                                 
WINNER: The LakeGarden Residences by Wing Tai Asia                                                                                  

Best Hotel Development                                  
WINNER: Pullman Singapore Hill Street by EL Development Pte Ltd

Best Reconstruction Project Development                  
WINNER: Solitaire on Cecil by Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management)

Best Industrial Development                         
WINNER: CT FoodNEX by Chiu Teng Group                                              

DESIGN AWARDS                            

Best Mega Scale Condo Architectural Design                              
WINNER: Grand Dunman by Grand Dunman Pte. Ltd.

Best Luxury Condo Architectural Design                     
WINNER: Watten House by UOL Group Limited and Singapore Land Group Limited                            

Best Premium Condo Architectural Design                 
WINNER: The Continuum by Hoi Hup Sunway Katong Pte Ltd
HIGHLY COMMENDED: Pinetree Hill by UOL Group Limited and Singapore Land Group Limited

Best Private Condo Architectural Design                     
WINNER: Lentor Modern by GuocoLand                     

Best Ultra Luxury Condo Interior Design                      
WINNER: Klimt Cairnhill by Low Keng Huat (S) Limited                            

Best Premium Condo Interior Design                             
WINNER: Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd

Best Private Condo Interior Design                                 
WINNER: Blossoms By The Park by EL Development Pte Ltd

Best Luxury Condo Landscape Design                          
WINNER: Watten House by UOL Group Limited and Singapore Land Group Limited                                                                                                    

Best Mega Scale Condo Landscape Design                                  
WINNER: Grand Dunman by Grand Dunman Pte. Ltd.                            

Best Premium Condo Landscape Design                     
WINNER: Pinetree Hill by UOL Group Limited and Singapore Land Group Limited                                    

Best Private Condo Landscape Design                         
WINNER: Blossoms By The Park by EL Development Pte Ltd

Best Hotel Architectural Design                    
WINNER: Pullman Singapore Hill Street by EL Development Pte Ltd                            

Best Hotel Interior Design                               
WINNER: Pullman Singapore Hill Street by EL Development Pte Ltd
HIGHLY COMMENDED: Pan Pacific Singapore by UOL Group Limited                            

Best Office Architectural Design                   
WINNER: Solitaire on Cecil by Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management)                            

Best Co Living Space                      
WINNER: Campus @ Telok Kurau by The Assembly Place
HIGHLY COMMENDED: Duke Residences by The Assembly Place
HIGHLY COMMENDED: Hovoh Complete Homes by Hovoh Pte Ltd

Best Sales Gallery Architectural Design                       
WINNER: The Continuum by Hoi Hup Sunway Katong Pte Ltd
HIGHLY COMMENDED: Grand Dunman by Grand Dunman Pte. Ltd.                          

BEST OF SINGAPORE AWARDS                            

Best Condo Development (Singapore)                         
WINNER: Riviere by Frasers Property Singapore                            

Best Housing Development (Singapore)                      
WINNER: Pollen Collection by Bukit Sembawang Estates Limited                                             

SPECIAL AWARDS                            

Rising Star                        
WINNER: Eugene Lim YJ, Founder and CEO, The Assembly Place

Special Recognition in ESG                             
WINNER: Bukit Sembawang Estates Limited
WINNER: Frasers Property Singapore
WINNER: GuocoLand
WINNER: UOL Group Limited

Special Recognition in Sustainable Design and Construction                    
WINNER: Frasers Property Singapore
WINNER: GuocoLand
WINNER: UOL Group Limited

PUBLISHER’S CHOICE                            

Singapore Real Estate Personality of the Year                            
WINNER: Tan Zhiyong, Chief Executive Officer, MCC Singapore               

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 2023, the Awards series is open to more than a dozen 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 2023. 

For more information, please visit AsiaPropertyAwards.com

ABOUT PROPERTYGURU GROUP

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 37 million property seekers2 to connect with almost 60,000 agents monthly3 to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, 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 15 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 October 2022 and March 2023.
(2) Based on Google Analytics data between October 2022 and March 2023.
(3) Based on data between January 2023 and March 2023.
(4) Based on data between October 2022 and March 2023.

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, Media Relations & Marketing Services Manager
M: +66 92 701 2510
E: nate@propertyguru.com

Sponsorships:
Kanittha Srithongsuk, Regional Manager, Awards Sponsorship
M: +66 93 293 9794
E: kanittha@propertyguru.com

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

Graphene Manufacturing Group Board Appoints Former Wall Street Veteran and Manufacturing Entrepreneur Jack Perkowski to Chair of Board of Directors

Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to advise that Company Director Mr. Jack Perkowski, based in New Jersey USA, is appointed by the Company’s board of directors as Chairman of the Board effective October 24, 2023.

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Mr. Jack Perkowski

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Upon graduation from Yale and the Harvard Business School, Mr. Perkowski spent twenty years on Wall Street as Head of investment banking at Paine Webber, a major securities firm that was eventually acquired by UBS in 2000. In 1991, Mr. Perkowski moved to Hong Kong in order to focus on the development of Asia and China, and in 1994 founded Beijing based ASIMCO Technologies. From 1994 to 2008, Mr. Perkowski served as the Chairman of ASIMCO’s Board of Directors and the company’s Chief Executive Officer, building ASIMCO into one of the most important players in China’s automotive components industry. Under Mr. Perkowski’s leadership, ASIMCO gained a reputation for developing local management and integrating a broad-based China operation into the global economy. ASIMCO was later sold to a private equity firm in 2010 and is still regarded as one of the most successful automotive component manufacturing companies in China. Upon leaving ASIMCO, Mr Perkowski founded JFP Holdings, a merchant banking firm focused on China, where he now serves as Chairman.

GMG’s CEO Craig Nicol stated, “I’m very excited to see Jack becoming Chair of the Board of Directors of the Company to support our progression into a commercial manufacturing operation. It is very clear North America is of strategic importance for GMG for capital markets, end product markets and also potential future operational projects – and so I very much look forward to working with Jack – being based in the USA – to support our transition into an Australian and North American commercial manufacturing operation. I also want to thank Guy Outen for his role as Chair of the Board of Directors for the past four years – including his work as Audit Committee Chair.”

Jack Perkowski, GMG’s Chair added, “I’m delighted to be appointed by my fellow Directors to Chair of the Board of the Company. I look forward to leading the board into the next phase of the company’s development cycle into a commercial manufacturing operation – especially with focus on North American markets for capital and our products and the potential for Australian and North American operational projects. I also look forward to working with Craig in this endeavour and I thank Guy for his work to date as Chair of the Board for the past four years.”

GMG’s 4 critical business objectives remain to:

  1. Produce Graphene and improve/scale the production process
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminum-ion batteries (“G+AI Batteries”).

For further information, please contact:

  • Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the effective date on which Mr. Perkowski will become chair of the board of directors, and the contributions Mr. Perkowski will make to the Company in his capacity as a chair of the board of directors.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the effective date on which Mr. Perkowski becomes the chair of the board of directors, and his contributions as a chair of the board of directors differing from management’s current expectations.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the effective date on which Mr. Perkowski will become the chair of the board of directors, and the positive impact Mr. Perkowski will have on the Company’s development in that role.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185067

GMG Provides Details of 2023 AGM To Be Held Virtually

Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company“) is providing details of its upcoming Annual Meeting of shareholders (“AGM“) to be held virtually on Tuesday, November 27, 2023, at 8:00 a.m. Brisbane Australian Eastern Standard Time (being Monday, November 26, 2023 at 2:00 p.m. (Canadian Pacific Standard Time).

TO VOTE AHEAD OF THE VIRTUAL AGM

The AGM will be held in a virtual format, allowing shareholders to have an equal opportunity to participate at the AGM online regardless of their geographic location.

The meeting materials, consisting of the notice of meeting, management information circular and related materials (collectively the “Meeting Materials“) will be mailed on or about October 23, 2023. If you have not received your copy of the Meeting Materials by November 10, 2023, please contact your broker if you are a non-registered shareholder, or contact Computershare if you are a registered shareholder. The Meeting Materials outline in detail how to participate at the AGM.

Where a shareholder has previously consented to electronic delivery, the Meeting Materials will be sent to the shareholder electronically.

Non-registered shareholders are encouraged to contact their brokers to register for electronic delivery of GMG’s Meeting Materials.

The Meeting Materials are available at GMG’s profile on SEDAR+ at www.sedarplus.ca as well as in the Investors Section of GMG’s website at https://graphenemg.com/agm-materials/.

As in prior years, shareholders have multiple options to cast their vote ahead of the AGM, which include on-line, via telephone or via mail. Details on using each method are included in the Circular and the form of proxy. Shareholders who are planning to vote ahead of the AGM must submit their proxy voting instructions to Computershare no later than 8:00 a.m. Brisbane Australian Eastern Standard Time on Friday, November 24, 2023, being 2:00 pm (Canadian Pacific Standard Time) on Thursday, November 23, 2023.

ATTENDING THE VIRTUAL AGM

All shareholders will be able to attend the AGM virtually. To do so, login online at https://web.lumiagm.com/441166300, Meeting ID: 441-166-300, Password: graphene2023 (case sensitive).

All securityholders MUST register any third party appointments at www.computershare.com/graphene in advance of the AGM. Failure to do so will result in the appointee not receiving login credentials.

Registered Holders will be asked to enter the 15 digit control number provided on your form of proxy provided by Computershare.

Appointed Proxyholders will be asked to enter the user name provided by Computershare via email, provided your appointment has been registered.

Attendees who do not enter the 15 digit control number or the user name provided by Computershare will only be allowed to register for the AGM as a “Guest”.

It is recommended that attendees log in 15 minutes prior to the start time of the AGM.

TO VOTE OR ASK QUESTIONS AT THE VIRTUAL AGM

For registered shareholders and duly appointed proxyholders to vote their proxies and/or ask questions at the AGM, please follow the instructions set out in the Meeting Materials.

All shareholders wishing to have a question addressed at the virtual AGM can avoid the registration requirements set out in the Meeting Materials by submitting them in advance to AGM23@graphenemg.com. Questions will be collected, organized by theme and posed to management at the AGM. GMG is committed to addressing all appropriate questions submitted by shareholders either live during the AGM or in advance, as timing and circumstances permit.

Shareholders who have questions on how to vote their proxy in advance of the AGM, or on how to register to vote at the AGM, can contact AGM23@graphenemg.com.

Attendees who have registered for the AGM as a “Guest” will not have the ability to vote at the AGM or ask questions.

Shareholders are reminded that if you vote in advance of the Meeting you are not required to vote again on the day of the Meeting.

Board appointments

Emma FitzGerald, Guy Outen and Robert Shewchuk are not standing for re-election.

GMG thanks the outgoing directors for their role in the growth of GMG, and wishes them all the best in their future endeavours.

In anticipation of these departures, GMG has appointed to the board Robert Galyen, Andrew Small and Jack Perkowski, who all propose to stand for re-election at this AGM along with Craig Nicol and Will Ollerhead. Each of these new appointees bring significant additional and relevant experience to the GMG board, and are uniquely qualified to facilitate the next stage of growth for GMG.

About GMG 

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
Home Graphene

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the ability of the Company to generate revenue from energy saving products, political support of the industry, and future market and distributor demand for the Company’s products.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things risks relating to the Company failing to generate revenue from energy saving products, if at all, political support of the industry, the blending plant’s ability to service future market and distributor demand, and future demand for the Company’s products.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company’s ability to generate revenue from energy saving products, political support of the industry, and future demand for the Company’s products.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184136

HostDime’s Next-Gen, Tier IV Data Centers Support AI Workloads With Up to 100kW Per Rack

HostDime‘s Tier IV Data Centers, including their new flagship facility in Orlando, are setting industry design standards that will power the new era of infrastructure needed for artificial intelligence (AI), Machine Learning (ML) technologies, and other high-performance computing (HPC) workloads. These next-gen data centers boast an astonishing power density of up to 100kW per rack, a significant leap from the traditional 3kW to 20kW in legacy data centers.

AI has transcended its status as a buzzword and has quickly become a transformative force across industries. For AI to achieve its potential, it requires massive computational power. Complex neural networks and deep learning algorithms require specialized high-performance hardware, including CPUs, GPUs, and TPUs, optimized for parallel processing, complex modeling, and accelerated training. Suddenly the industry as a whole is rethinking how data centers are designed. A new generation of purpose-built data centers is the only way to power this new wave of hardware infrastructure.

Addressing this need head-on, ahead of the market, is HostDime’s hyper-edge, Tier IV data center design, which is being deployed at the global edge with immediate deployments in Latin America (most recently in Colombia) and at their flagship facility in Florida. HostDime’s leap to up to 100kW signifies a remarkable advancement that directly addresses the energy demands of AI/ML/HPC workloads. This state-of-the-art Orlando data center brings to market much-needed high-power-density inventory while reducing dependency on data center infrastructures in traditional major metro markets that are struggling to keep up with demand. This infrastructure demand is also being seen at the global edge where HostDime will continue to deploy its next-gen, Tier IV design.

HostDime’s modular design incorporates a high watt-per-square-foot density along with supplemental in-row cooling capabilities that work in parallel with direct-to-chip cooling technologies. The design also incorporates precise cooling-efficient cold aisle containment at every data hall. HostDime’s flagship Orlando data center also has designated data halls created specifically for immersive cooling hardware. Immersive cooling is widely becoming a necessity in the new wave of data center build-outs. All these features are at the forefront of HostDime’s data center design.

HostDime’s commitment to building the next generation of purpose-built data centers is embodied by their standard Tier IV design – the pinnacle of reliability. This designation signifies fault tolerance and redundancy at every level, allowing HostDime to offer 100% uptime SLAs. Such data center infrastructure is imperative for supporting critical AI workloads that require uninterrupted availability to perform mission-critical tasks.

As AI continues to reshape businesses as we know it, the role of data centers cannot be overstated. The new Central Florida data center, which will be commissioned in Q1 2024, is poised to meet the skyrocketing demands of the AI revolution. The future is AI-powered, and HostDime’s global edge data centers are the gateway to that future.

About HostDime:
HostDime is a hyper-edge global data center company operating our owned, purpose-built data center facilities in Mexico, Brazil, Colombia, and our flagship facility in Florida, USA, and with owned networks in the UK, India, and Hong Kong. Our mission is to design, build, and operate purpose-built, next-gen data center facilities at the global edge.

We offer an array of core digital infrastructure products and services, including colocation (private data center suites, cages, racks), interconnection (cross-connects, peering, transit), Hardware-as-a-Service (bare metal servers, lease-to-own servers, hardware procurement), cloud infrastructure (private, hybrid, multi-cloud), and managed services (server management, remote hands, smart hands).

Contact Information
Jared Smith, Director of Marketing, jared.s@hostdime.com 386-341-0855

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Officials from multiple countries applaud infrastructure projects built by China Communications Construction Company

Major infrastructure projects undertaken by China Communications Construction Company Limited(CCCC) have received widespread praise from global officials in charge of transportation at two side events of the recently concluded 2023 Global Sustainable Transport Forum (GSTF).

The 2023 GSTF and the 15th International Exhibition on Transport Technology and Equipment, hosted by China’s Ministry of Transport, were held from Sept. 25 to 26 in Beijing. CCCC has actively participated in the forum and organized the forum’s two side events themed “effectively advancing high-quality international infrastructure connectivity for coordinated regional economic development” and “smart, green and sustainable transportation infrastructure”, respectively.

During riveting discussions on the sustainable development of global transportation at the side events, ministers of transport and experts in transportation from many countries lauded landmark infrastructure projects built by CCCC, such as the Mombasa – Nairobi Standard Gauge Railway (SGR) in Kenya, the Colombo Port City of Sri Lanka, and the China-Laos Railway.

“I was there at the inauguration ceremony,” said Kipchumba Murkomen, the Kenyan Cabinet Secretary for Roads, Transport and Public Works, pointing to a photo showing the inauguration ceremony of the Mombasa – Nairobi SGR with excitement.

“Companies like CCCC have done a fantastic job in our country in modernizing our railway system. Now we have an SGR system of almost 600 kilometers, and we believe that system will be further extended,” said Murkomen.

He also pointed out that CCCC has made great efforts to ensure ecological conservation during the construction of the railway. By transforming some technologies and building wildlife crossings, among many other measures, CCCC has managed to minimize the environmental impact of the project, according to Murkomen.

Calling the China-Laos Railway one of the models of green transportation system, Ngampasong Muongmany, the Lao Minister of Public Works and Transport, underscored the importance of realizing “green, low-carbon and sustainable transportation”, and noted that various countries should work together to achieve the goal.

Participants in the events also recognized the rich fruits of international cooperation in the transportation sector under the framework of the Belt and Road Initiative over the past 10 years and shared their views on green development in the future.

“Because Sri Lanka highly values international exchanges in transportation construction, the Belt and Road Initiative is very important for us,” said Bandula Gunawardhana, Sri Lanka’s Minister of Transport, Highways, and Mass Media.

“It (the Belt and Road Initiative) is an excellent initiative, as all initiatives that are promoting connectivity in transport, just to connect better the world,” said Francisco Esteban Lefler, President of the World Association for Waterborne Transport Infrastructure (PIANC).

Media Contact
Wang Yueran, huanqiu.com
Email: wangyueran@huanqiu.com
Website: http://www.huanqiu.com
Tel: 13002252096

China Communications Construction Company strives to become model contributor to global sustainable transportation

China Communications Construction Company Limited(CCCC), has benefited people all over the world with transportation infrastructure projects oriented to sustainable development, CCCC officials said at a recent forum.

The forum, namely 2023 Global Sustainable Transport Forum, was held from Sept. 25 to 26 in Beijing. CCCC was deeply involved in the forum, and organized two side events of the forum.

Many senior executives of CCCC attended the forum and side events, and shared information about the group’s achievements in pursuing sustainable transportation at a press conference held by CCCC on Sept. 26.

CCCC has expanded its business into five continents and undertaken major projects in 157 countries and regions, including the Mombasa – Nairobi Standard Gauge Railway in Kenya, Hong Kong–Zhuhai–Macao Bridge in south China, and Sri Lanka’s Colombo Port City, strongly boosting economic growth and social prosperity, Wang Tongzhou, Chairman of CCCC, said in his keynote speech delivered at the forum.

Committed to “making the world more smooth, making the city more livable, making the life more colorful” CCCC focuses efforts on infrastructure connectivity, common development, innovation-driven development, and eco-friendly construction, and looks forward to enhancing cooperation for shared benefits with all parties, Wang noted.

CCCC has actively adapted to the trend toward green economy for years, according to Pei Minshan, Vice General Manager of CCCC. Attaching great importance to China’s carbon peak and neutrality goals, CCCC has accelerated the building of a clean and low-carbon infrastructure system, and pursued energy conservation, pollution control, consumption reduction, and carbon reduction throughout production, operation and management, striving to lay a solid foundation for sustainable transportation, Pei said at the press conference.

Innovation is a crucial driving force for the sustainable development of the transportation sector, pointed out Liu Boying, Deputy Chief Engineer of CCCC, at the press conference. CCCC has unswervingly marched along the path of high-quality development driven by innovation, and steadily enhanced independent innovation capacity, Liu said.

Tang Qiaoliang, General Manager of CCCC’s Overseas Business Department, shared at the press conference that CCCC has invested in and built over 3,000 high-standard infrastructure projects worth over $140 billion in Belt and Road countries and regions, including over 13,000 kilometers of highways, 3,000 kilometers of railways, over 200 bridges, 150 key ports, 31 newly built or renovated airports, and over 1,000 container bridge cranes.

CCCC considers people-to-people connectivity the most profound and long-lasting mode of connectivity, said Tian Jufang, General Manager of CCCC’s Corporate Culture Department. While improving infrastructure, CCCC has carried out assistance activities globally to help improve people’s sense of gain and happiness worldwide, Tian added.

Media Contact
Wang Yueran, huanqiu.com
Email: wangyueran@huanqiu.com
Website: http://www.huanqiu.com
Tel: 13002252096

GMG Announces New Chief Financial Officer

Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to advise that Brandon Leong has been appointed Chief Financial Officer (CFO) effective 17th October 2023. The Company would like to thank Scott Richardson who has been Interim Chief Financial Officer (CFO) since 31 July, 2023 and has led the finance team through the recent capital raise and year end audit process as well as implemented a number of improvement initiatives and will work through to the end of January 2024 to ensure a smooth handover to Brandon.

Brandon comes with CFO role experience drawing on over 20 years of financial leadership roles including as CFO, Deputy CFO, Financial and Commercial Director and Financial Advisory roles in publicly listed, private companies and advisory firms – including PWC in Australia and United States of America, CPB Contractors (Construction), Aurizon (Rail), Holcim (Construction Materials) and various other companies. Brandon is a Chartered Accountant, has a Bachelor of Commerce and Bachelor Arts from the University of Queensland, as well as an Executive Masters of Business Administration from University of Oxford. Brandon is a graduate of the Australian Institute of Company Directors.

GMG’s CEO Craig Nicol stated, “I’m looking forward to working with Brandon in the commercial, finance and capital markets areas of the Company to support GMG’s ongoing commercial development and finance needs. I expect his leadership work in Australia and USA in very large multi-billion dollar transactions will support the progress of the company through a range of planned near term milestones including ramping up Thermal XR sales, meeting our Battery development milestones, and starting up our new graphene manufacturing expansion plant over the next 6 months. I also want to thank Scott for his very focused attention on delivering a number of key outcomes in the short time period that he has been at GMG to date and I look forward to continue working with him.”

GMG’s 4 critical business objectives remain to:

  1. Produce Graphene and improve/scale the production process
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

About GMG
GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

www.graphenemg.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the effective date on which Mr. Richardson will be leaving the Company, the effective date on which Mr. Leong will become the Chief Financial Officer (CFO), the contributions Mr. Leong will make to the company in his capacity as CFO, the duration of Mr. Leong’s service as CFO, the maturation of the Company into commercial production, the timing and success of starting up the Company’s new graphene manufacturing expansion plant.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things risks relating to the effective date on which Mr. Richardson will be leaving the Company, the effective date Mr. Leong will become the CFO, Mr. Leong’s contributions as CFO differing from management’s current expectations, the Company not maturing into commercial operations on the expected timelines, if at all, the Company failing to achieve its planned milestones around starting up GMG’s new graphene manufacturing expansion plant on the timelines contemplated, if at all..

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the effective date on which Mr. Richardson will be leaving the Company, the effective date Mr. Leong will become the CFO, the positive impact that Mr. Leong, as the CFO, will have on the Company’s development, the Company maturing into commercial production, the timing and content of milestones around the Company’s new graphene manufacturing plant.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/183029

Speaker of The Australian House of Representatives Hon Milton Dick MP Officially Opens THERMAL-XR(R) Blending Plant

Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to advise that the Honourable Milton Dick Member for Oxley and Speaker of The Australian House of Representatives officially opened the THERMAL-XR® Coating Blending Plant on Thursday 28th September 2023.

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Honourable Milton Dick said, “This blend plant represents a substantial investment in both technology and talent, featuring the latest advancements in nanotechnology coating production processes and quality control measures. The plant’s opening is a testament to GMG’s focus to develop into a world-leading energy-saving product manufacturing business.”

GMG’s CEO Craig Nicol stated, “GMG is very fortunate to be in the Federal seat of Oxley and to have a Federal Member who is very supportive of Industry. Speaker Milton Dick visited GMG at its Sumner Park location in 2020. The official opening is another significant milestone for GMG in striving towards achieving revenue from Energy Saving Products.”

GMG’s 4 critical business objectives remain to:

  1. Produce Graphene and improve/scale the production process
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING.

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the ability of the Company to generate revenue from energy saving products, political support of the industry, and future market and distributor demand for the Company’s products.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things risks relating to the Company failing to generate revenue from energy saving products, if at all, political support of the industry, the blending plant’s ability to service future market and distributor demand, and future demand for the Company’s products.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company’s ability to generate revenue from energy saving products, political support of the industry, and future demand for the Company’s products.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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