The Laughing Cow, one of the world’s leading cheese brands, is revolutionizing snacking with the launch of The Laughing Cow Cheez Dippers.
The snack market in South East Asia is expected to continue growing at a fast pace and will reach 30 Billion USD by 2029. Snacking has been dominated by less nutritious and unhealthy options. Consumers are on the watchout for snacking options that are delicious yet nutritious. This innovative, delicious and playful product caters to the rising demand for convenient and healthy snack options.
Consumers will love playfully dipping breadsticks into creamy cheese. Available in two exciting flavors – Strawberry and Blueberry – these Cheez Dippers add a burst of real fruit goodness to on-the-go snacking. Following an overwhelming response to the plain cheese-flavoured dip, these new flavors elevate the snacking experience.
“The Laughing Cow brand is committed to providing delicious, and nutritious snacking products in line with our philosophy of ‘for all for good,’” says Alamjit Singh Sekhon, General Manager – South East Asia. “Our distinctive range caters to diverse consumer needs, with The Laughing Cow cheese being an exciting nutritious delight created from high-quality dairy ingredients at Bel factories worldwide.”
The Laughing Cow Cheez Dippers go beyond taste, as they are derived from real fruits and cheese made from cow’s milk, making them a healthier choice. Individually sealed and perfectly portioned, they satisfy hunger pangs and keep smiles throughout the day. Available in major supermarkets and online platforms from July 2024. In addition to The Laughing Cow Cheez Dippers, the brand has other products like The Laughing Cow Creamy Cheese Triangles, Belcubes, Cheese Slices, Cheese Spread in Tub, and other Bel brands like BabyBel and Kiri.
“This launch underscores The Laughing Cow brand’s commitment to being an innovative leader in healthy snacking,” adds Alamjit. “We aim to drive growth in Southeast Asia, strengthen our market position, and meet the increasing demand for our innovative snack offerings.”
About Bel: Bel Group is a global leader in branded cheese and healthy snacking. With a diverse portfolio that includes The Laughing Cow, Kiri, Babybel, Boursin, Nurishh, Pom’Potes, GoGo squeeZ, and other local brands, Bel achieved €3.6 billion in sales in 2022. Committed to providing healthier and more responsible food, the group employs 11,800 people across 29 production sites and distributes its products to nearly 120 countries.
Moolec Science SA(NASDAQ:MLEC) (the Company), a Molecular Farming ingredient company, announced today the signing of an offtake agreement with one of the largest global consumer packaged goods and pet food companies for the use of Moolec’s patented science-based GLA Safflower Oil product, GLASO™ (the Agreement). This initial offtake agreement has a term of three years and establishes commercial conditions for the delivery of GLASO™ in US territory with an initial estimated volume of 50 tons for 2025.
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GLASO™ is a nutritional omega 6 oil obtained from bioengineered safflower seeds. With high-GLA (gamma linolenic acid) concentration, Moolec’s product contains almost 3 times more GLA than conventional sources such as borage and primrose oil, making it the most concentrated GLA oil available on the market. GLA is widely recognized for its health-promoting attributes and is primarily embraced as a valuable addition to various diets in the form of a dietary supplement, functional food, cosmetics, and animal nutrition such as pet food, main application targeted by this offtake Agreement.
Moolec Science also announces that it has signed binding agreements with farmers to cultivate safflower as well as with an industrial partner to secure state of the art downstream capacity. Both agreements are paramount to ensure a fully-controlled and traceable supply chain for GLASO™.
“We are thrilled to announce this significant supply agreement for our GLASO™ nutritional oil product. This milestone, coupled with our new partnership for industrial toll processing, marks a pivotal step in our mission to deliver high-quality, innovative health solutions to our customers worldwide. It underscores our commitment to quickly scaling from small to large volume production and meeting the growing demand for sustainable nutritional ingredients,” said Martín Salinas, Chief Technology Officer & Co-Founder of the Company.
Moolec’s Molecular Farming Platform encompasses revolutionary technology enabling the production of high-quality ingredients, such as nutritional oils and proteins, in plants. The company leads the industry in demonstrating that its technology can be scaled efficiently, affordably, and sustainably. This allows for ingredients to be designed that will offer significant cost-in-use reductions compared to traditional and cellular agricultural methods.
Gastón Paladini, CEO & Co-Founder of Moolec, concluded: “We are very excited about this team accomplishment. It is a concrete and important step in Moolec’s path to commercialize our flagship technology. Going forward, we will intensify our business development and commercialization efforts with major participants in the manufacturing and ingredients business.”
Note to reader: Due to the competitive nature of these agreements, and the fact that Moolec Science is in continuing negotiations for further contracts, disclosure over third parties and price will not be made at this time. Moolec Science will keep the market informed with updates on its annual report that provides a comprehensive overview of the company’s business and financial condition.
Forward-Looking Statements This press release contains “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to performance, prospects, revenues, and other aspects of the business of Moolec are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec’s business and other risks and uncertainties, including those included under the header “Risk Factors” in Moolec’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”), as well as Moolec’s other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.
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/
Mobile-health Network Solutions [‘MaNaDr’] (Nasdaq: MNDR), a leading Asia-Pacific telehealth provider, today announced updated pricing for its medical weight management program, improving the affordability and accessibility of GLP-1(glucagon-like peptide-1)receptor agonist medications in the Asia-Pacific (APAC) region.
The program, designed to stem the growing prevalence of obesity in Singapore and across the APAC region, is believed to be among the most competitively priced in the region. As a result, MaNaDr expects the program will have a significant adoption rate and provide meaningful incremental revenue starting in the third quarter of the current calendar year.
“Leveraging our strong partnerships, we offer a range of GLP-1 medications directly sourced from the leading pharmaceutical innovators,” said Ms. Law Pei Bei, Chief Business Officer. “This means patients have access to the original, brand-name GLP-1 injections, ensuring the highest quality and proven results.
“We’ve negotiated competitive pricing with these leading pharmaceutical manufacturers, allowing us to offer original GLP-1 medications at pricing starting at less than US$10 per day. This low pricing makes these treatments a realistic option for most weight management patients.”
Co-CEO Dr. Siaw Tung Yeng, PBM, Senior Consultant Family Physician, added, “Telehealth consultations create a safe and comfortable environment for weight management discussions. This is especially beneficial for individuals who may experience shyness, social anxiety, or fear in a traditional setting. Telehealth empowers these patients to openly discuss their weight loss goals and challenges, fostering a supportive foundation for their journey.”
Marketed with the tagline, “It’s Okay to be Not Okay,” the MaNaDr program is among the few of its kind in the APAC region to offer a one-stop source for patients’ weight management needs.
Services provided include:
Medical Intervention. Patients can consult with doctors for personalized medical advice, including the suitability of using GLP-1 medications such as Semaglutide (brand names Wegovy and Rybelsus), Liraglutide (Saxenda), Dulaglutide (Trucility), or other prescription weight loss medications.
Mental/Emotional Support. Patients receive ongoing mental and emotional support from a dedicated personal care consultant and coach, who will set achievable goals, guide them through challenges, and celebrate their successes.
Nutritional Guidance. Patients can work with registered dietitians to develop a personalized, sustainable eating plan.
Fitness Expertise. Patients can consult with certified exercise instructors to create an exercise program that fits their needs and preferences.
24/7 Availability. Patients can contact a member of their healthcare team to discuss immediate concerns around the clock.
Data-Driven Tracking. Patients can track their progress with a user-friendly personal lifestyle diary that monitors meals, physical activity, and body measurements.
Community Forum. The in-app forum provides an additional layer of peer support, offering anonymity for individuals hesitant to share openly in a traditional group setting.
Effortless Refills. Patients can refill their prescriptions quickly and easily within the MaNaDr app.
In-Clinic Option. Patients preferring in-person visits may schedule them and receive comprehensive physical evaluations.
“Many weight management solutions available today ultimately fail – partly because patients do not receive the help they need, when they need it,”said MaNaDr co-CEO Dr. Rachel Teoh Pui Pui, PBM, Family Physician. “Our program addresses these challenges by prioritizing the three elements we believe are essential to successful weight loss: effective prescription medications, 24/7 mental health support, and personalized nutritional and fitness guidance.
“Several recent studies demonstrate that GLP-1 medications like Saxenda can help most patients lose five to ten percent of their body weight within a reasonable period of time,” stated Dr. Teoh. “Should patients experience side effects from using such medications, we will consider offering other medications, both prescription and over-the-counter, that will best help patients achieve a safe and successful outcome of their weight management goals.”
Equally important, she added, is the availability of professional mental health support for weight management patients. “Often underestimated, and even overlooked, is the fear, isolation, cravings, and shame experienced by many patients with weight management issues. We address these needs by making certain that patients have a dedicated personal care consultant and coach who is thoroughly familiar with a patient’s needs, and by making a professional available to consult with patients on a 24/7 basis. No patient in our program will ever have their needs ignored when they need help.”
Dr. Teoh said the MaNaDr weight management program tailors a specific nutritional and fitness program for each patient based on their realistic needs and abilities. “Patients can follow nutritional and fitness goals better when these goals are achievable. Our providers work hard to make sure this happens.”
Dr. Siaw added, “We’re excited to launch this comprehensive weight management program. By combining access to medical professionals, highly effective weight loss medications, nutritional guidance, and fitness expertise, all within one app, we’re empowering individuals to achieve their goals holistically and sustainably.”
About Mobile-health Network Solutions Pte Ltd [MaNaDr]
Ranked #41 in the Financial Times 2024 listing of 500 High-growth Asia-Pacific Companies, ManNaDr is the first telehealth provider from the Asia-Pacific region to be listed in the US (Nasdaq). Through its MaNaDr platform app, it offers personalized and reliable medical attention to users worldwide. The platform allows the community of healthcare providers to have a broader reach to users through virtual clinics without any start-up costs and the ability to connect to a global network of peer-to-peer support groups and partners. The range of seamless and hassle-free telehealth solutions includes teleconsultation services, prescription fulfillment and other personalized services such as weight management programs and gender-specific care. For more information, please visit https://manadr.com. For Investor Relations, please visit https://investors.manadr.com.
Considering GLP-1 medications for weight management. Learn more about this option and explore if it’s right for you. Visit our website https://manadr.com/weight-management or schedule a convenient teleconsultation with our specialist doctors through the MaNaDr app.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Mobile-health Network Solutions specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
CropLife Asia and the EU-ASEAN Business Council have jointly released a report on the sustainability of food systems in ASEAN. The report titled “Report on ASEAN Food Systems Sustainability,” draws on discussions from the first ASEAN Food Systems Sustainability Workshop that was held in Jakarta in November 2023. This report provides an analysis of the current challenges and opportunities facing agriculture and crop production in Southeast Asia, underscoring the need for region-specific solutions in light of global sustainability trends.
“This report is a call to action for countries in Southeast Asia to ensure national agricultural strategies address national needs and realities,” said Dr. Siang Hee Tan, Executive Director, CropLife Asia. “Realizing safe, secure and sustainable regional food systems requires balancing increased productivity with environmental protection and economic viability for our smallholder farmers. We can and must work together to make certain Southeast Asia’s smallholders have access to innovative technologies enabling greater food production with fewer natural resources and less impact to the world around us.”
The report sheds light on the effects of rising population growth and food demand in Southeast Asia. The region is expected to have nearly 30 million more people in 2030 compared to the European Union. This projection highlights the need for innovative approaches that help provide a reliable and affordable food supply. Another key finding from the report is the growing climate change impact to the region’s agricultural sector including lower yields, increased risks from extreme weather events and the continued spread of pests and diseases. The region’s unique tropical climate as well as soil condition further contributes to these agricultural challenges.
“We live in a world where food security, improving the nutritional value of the food we produce, and raising rural incomes are all of increasing importance and are all equally key sustainability measures. And, we have to do this whilst also taking care of and protecting our natural environment. As this report highlights, these things can be done together, in balance,” said Chris Humphrey, Executive Director, EU-ASEAN Business Council.
The report also provides insight into the key crop export landscape in ASEAN and how the stringent agricultural and environmental policies of the EU Green Deal could hinder productivity and sustainability in the region. Additionally, the report emphasizes the role and relevance in the region of agricultural innovations including digital solutions for food distribution, training farmers in efficient farming techniques and the use of gene-editing and crop protection technologies.
CropLife Asia is a non-profit society and the regional organization of CropLife International, the voice of the global plant science industry. We advocate a safe, secure food supply, and our vision is food security enabled by innovative agriculture. CropLife Asia supports the work of 15 member associations across the continent and is led by six member companies and one associate member company at the forefront of crop protection, seeds and/or biotechnology research and development. For more information, visit us at www.croplifeasia.org.
About EU-ASEAN Business Council
The EU-ASEAN Business Council (EU-ABC) is the primary voice for European businesses within the ASEAN region and is the only organisation that operates in the intersection of the private and public sectors between ASEAN and Europe. We are formally recognised by both the European Commission, and we are an accredited entity under Annex 2 of the ASEAN Charter.
Independent of both bodies, the Council has been established to help promote the interests of European businesses operating within ASEAN and to advocate for changes in policies and regulations which would help promote trade and investment between Europe and the ASEAN region. As such, the Council works on a sectorial and cross-industry basis to help improve the investment and trading conditions for European businesses in the ASEAN region through influencing policy and decision makers throughout the region and in the EU, as well as acting as a platform for the exchange of information and ideas amongst its members and regional players within the ASEAN region
For more information please contact: Duke Hipp Director, Public Affairs & Strategic Partnerships CropLife Asia duke.hipp@croplifeasia.org
On-demand, AI-powered Robobarista further expand its footprint to Alexandra Hospital as testament to the rising demand for quality beverages coupled with high-tech automation in healthcare and service sectors.
Ella, Singapore’s AI-powered Robobarista, has integrated into the healthcare ecosystem with major healthcare facilities namely, Sengkang General Hospital (SKH), Mount Elizabeth Hospital and Alexandra Hospital as its third location.
While it was originally developed for the retail industry, Ella’s success in the healthcare industry has proven its versatility in carving out a niche to serve specialised sectors in need of on-demand beverages 24/7.
In 2024, Ella is poised for expansion to more SingHealth hospitals and facilities locally, as it continues to serve barista-grade coffee at precision and speed.
Ella by Crown Digital, Singapore’s first fully-autonomous, AI-led robot barista, has garnered significant acclaim at Sengkang General Hospital (SKH) and Mount Elizabeth Hospital. Her remarkable success in serving healthcare professionals and visitors with precision and efficiency has propelled her expansion into additional healthcare facilities across the nation. Alexandra Hospital is the latest to benefit from Ella’s presence, marking a milestone in her service journey nationwide.
Following Ella’s resounding success in her deployment at SKH, where she not only met but exceeded expectations by achieving a record daily average of 400 cups of coffee, her adaptability and relevance in healthcare settings became undeniable. Seamlessly integrating into the hospital environment, Ella continues to bring convenience and comfort to all through her consistent, efficient and contactless approach to serve high volumes of coffee at precision and speed. Now, with her recent launch at Alexandra Hospital, Ella has elicited positive feedback from healthcare providers, patients, and visitors alike within her first week.
“We are excited to launch Ella in Alexandra Hospital, extending the comfort and convenience of a great cuppa she’s brought to Sengkang General Hospital since October last year. By delivering high-quality barista-grade coffee to our healthcare heroes, patients, and caregivers, Ella embodies our commitment to unparalleled efficiency and reliability. Occupying just four-square-metres, Ella can be easily deployed across various locations while seamlessly managing payments, orders, production, and pick-up through Crown Digital’s technology stack. As we forge ahead, embracing innovation and robotics solutions, our success at SKH drives our continued expansion, commitment and leadership in this space,” said Keith Tan, CEO and Founder of Crown Digital.
Ella’s success underscores the consistent demand in healthcare settings for her precision, speed, and contactless efficiency in serving best tasting coffee ensuring unparalleled convenience and satisfaction to all stakeholders. Originally designed for the retail sector, Ella’s success in healthcare has solidified her position and expanded her reach to serve more consumers. Since her inception in 2018, Ella has delighted coffee enthusiasts locally and globally with artisanal, barista-grade coffee crafted from specially-curated Italian Buscaglione beans, ensuring consistent quality and precision. Capable of serving over 200 cups in an hour, Ella offers a swift coffee fix, significantly reducing wait times during peak periods.
Charity Wai, Chief Operating Officer of Sengkang General Hospital added, “Ella has earned a popular following in Sengkang General Hospital as visitors and staff alike appreciate the barista-grade coffee served with consistency, precision and speed. Having the first fully-autonomous AI-led robot barista aligns well with SKH’s vision also in using robotics and digitalisation to ensure we deliver quality care consistently and efficiently! It’s great to see our visitors, patients and hospital staff able to access a good cup of coffee around the clock.”
“Ella was a lifesaver during my husband’s 6-week stay at Mount Elizabeth Hospital. On the many occasions that I stayed over with my husband, waking up to a nice fresh cup of coffee was essential. Subscribing to the pre-order service ensured I was able to have a quality cup of coffee anytime of the day which I appreciated the most. The commute between home, office and hospital became such a routine that Ella was the only comfort that kept my spirits up. It’s incredible how technology can bring such comfort, turning every stressful situation into a positive moment. Ella’s more than just a robot barista, but a beacon of cheer in a place where people are most vulnerable,” shared Crystal Bok, whose husband was warded at Mount Elizabeth Hospital.
Following Crown Digital’s success with three major healthcare providers in Singapore — SingHealth, National University Health System, and Parkway Health — Ella is poised for wider adoption in 2024.
About Crown Digital Full-stack start-up Crown Digital began with the goal of delivering a contactless coffee experience gourmet experience to the world’s growing community of grab-and-go commuters. Its creation, ELLA, the one of world’s first successful robot barista, humanised technology and demonstrated the potential of robotics and AI to re-invent the commuter lifestyle experience and re-energize urban retail. As ELLA deploys across major Asian transit hubs and retail locations, and now into the European Market, Crown Digital brings its expertise and insights to find new ways to create social value through robotics. The company strives to re-imagine and re-invent consumer-facing robotics to become the leading inventor, operator, and distributor of future-ready solutions.
Exciting experiences, games and prizes await Malaysians ready for their next adventure.
Spritzer, Malaysia’s leading mineral water company, is committing to enhancing travel experiences by launching the “Air Love Cuti-Cuti” campaign. This exciting initiative celebrates the passion for travel deep within the Malaysian spirit, offering engaging experiences, games, prizes, and a star-studded ambassador line-up.
Leading the charge as the faces of the “Air Love Cuti-Cuti” campaign are two of Malaysia’s well-known celebrity names – Syafiq Kyle and Koe Yeet. Syafiq Kyle, a renowned actor and model, is famous for his charismatic on-screen presence and love for adventure. Joining him is Koe Yeet, the acclaimed TV and film actress who won the Best Newcomer award at the Asia Content Awards 2021.
Together, these newly appointed Spritzer ambassadors will share their travel stories and vlogs, inspiring Malaysians to embrace the spirit of exploration and create unforgettable memories across the nation’s diverse landscapes. From heritage sites to bustling cities and local food, Syafiq Kyle and Koe Yeet will showcase Malaysia’s best, encouraging travellers to stay hydrated with Spritzer’s refreshing mineral water.
“At Spritzer, we understand that travel is about more than just destinations – it’s about the experiences, connections, and memories created along the way,” said Kenny Lim, Chief Executive Officer of Spritzer Berhad. “Through ‘Air Love Cuti-Cuti,’ we want to become an integral part of those journeys, ensuring that every traveller feels refreshed and hydrated as they explore the beauty of our nation.
The “Air Love Cuti-Cuti” campaign, which started in June, aims to deepen Spritzer’s connection with travel enthusiasts by offering various interactive experiences at major transportation hubs across Peninsular Malaysia. Travellers can enjoy free Spritzer drinks, participate in mini-games, and capture memorable moments at photo booths.
A key campaign highlight is the Air Love Cuti-Cuti: Snap & Menang social media contest, running from June 10th to July 21st. Participants can share their most creative travel photos or videos featuring Spritzer on Instagram or Facebook using the hashtags #AirLoveCutiCuti and #CutiCutiSpritzer. Exciting prizes include 30 weekly local travel vouchers worth RM1,000 each and two grand prizes of overseas travel vouchers worth RM10,000 each. For more details, visit the microsite.
The “Air Love Cuti-Cuti” campaign underscores Spritzer’s commitment to being more than a mineral water brand. It aspires to be a trusted companion that enhances the travel experiences of all locals and tourists alike. The brand aims to become integral to every Malaysian’s travel adventures and daily lives by connecting a joy of exploration with and their experiences with Spritzer. Spritzer’s continued commitment to quality and purity ensures you stay refreshed throughout your adventures.
For more information on the “Air Love Cuti-Cuti” campaign, including the “Snap & Menang” contest, visit www.spritzer.com.my/airlovecuticuti.
Please download the high-res images from this link.
About Spritzer: Established in 1989, Spritzer Group has been a pioneer in providing Malaysians with natural mineral water sourced from a 440-acre green rainforest. Committed to innovation, Spritzer Group leads the Malaysian bottled water industry through manufacturing, distribution, marketing, and sales of its diverse product line. From renowned natural mineral water to refreshing non-carbonated fruit-flavoured drinks, each product is carefully crafted to meet consumer needs.
Comprising eight business subsidiaries, Spritzer Group specializes in the production and distribution of silica-rich natural mineral water, sparkling natural mineral water, distilled drinking water, carbonated fruit-flavoured drinks, and non-carbonated fruit-flavoured drinks.
With over 30 years of experience, Spritzer Group is Malaysia’s largest and only listed bottled water producer. For more information, please visit www.spritzer.com.my.
The fast-paced lifestyle of Singaporeans has led many to turn to fast food as a convenient dining choice. According to a 2018 Nielsen survey, it is revealed that 76% of Singaporeans choose fast food outlets for a speedy meal. In addition, about 55% of Singaporeans prefer to eat out on a weekly basis instead of home-cooked meals. Experts believe that the main appeal of fast food largely stems from the demands of their busy schedules and lifestyle changes apart from its affordability and convenience.
However, the increased consumption of fast food and takeaways has also led to a rise in digestive health issues among the population. In 2022, the global Digestives & Intestinal Remedies market reached US$18.79 billion, and the market is projected to reach a CAGR of around 2% by 2024. To mark World Digestive Health Day on 29 May, LAC is dedicated to raise awareness of digestive health challenges faced by Singaporeans. Recognising the impact of dietary habits and lifestyle changes on digestive health, LAC offers targeted solutions aimed at supporting and optimising digestive functions, promoting better overall gut health. With over 25 Billion CFUs of active probiotics and 12 strains of friendly bacteria, LAC Probiotic Complex 25 Billion CFU – Daily Support effectively maintains probiotic levels and boosts a healthy digestive system; promoting a balanced microbiome. In addition, it counterbalances poor dietary choices caused by the overconsumption of fast food.Digestive issues can arise when the body lacks sufficient enzymes to break down food effectively. LAC’s GastroRX® Digest – Enzymes offers a solution to this problem. This specialised formula contains a blend of enzymes that work together to enhance the digestion and absorption of nutrients from complex foods. This can lead to improved nutrient intake, reduced digestive discomfort, and good overall digestive health.
Moolec Science SA(NASDAQ:MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming technology, announced today its Business Update for the third quarter of Fiscal Year 2024 ended March 31, 2024.
Moolec Science Logo
The main highlights of Moolec’s business update are as follows:
Piggy Sooy™ Product | Soybean Platform: Moolec’s patented soybean product received USDA-APHIS Regulatory Status Review approval in April 2024.
Safflower Platform: GLASO™ planting campaign progressing as expected. Two US Patents granted for production of chymosin in safflower seeds (SPC2) extended exclusive technology protection until 2041.
Financial highlight: Normalized revenues and other income (Ex-IAS 29) up ~$1.3M YoY given consolidation of soy-protein ingredient business. R&D, Admin and other expenses of $2.3M increased 68% YoY mainly due to non-cash items. Operational cash utilization this quarter of ~$2.6M includes ~$1.4M allocated to lower accounts payable.
“These past few months mark a significant milestone in Moolec’s journey, showcasing our relentless pursuit to deliver results. Our progress on Piggy Sooy™ with the USDA-APHIS regulatory RSR approval, in addition to the starting of our GLASO™ commercial production streams are pivotal achievements that underscore our unwavering commitment to nutritional and sustainable solutions. I am thrilled to witness just the beginning of the fruits of our labor and am grateful for the continued and unwavering dedication of our team,” expressed Gastón Paladini, Chief Executive Officer and Co-Founder of Moolec Science.
José López Lecube, Chief Financial Officer for the company, stated, “We are very pleased with our team’s consistent milestones delivery as we are addressing meaningful market opportunities. We remain confident in our disciplined approach to spending while preserving an adequate cash position and balance sheet to fund the business. I want to extend my congratulations to our team for the exceptional USDA-APHIS regulatory RSR approval, a major achievement for our long-term business plan execution.”
For a full version of Moolec’s first quarter Fiscal Year 2024 Business Update, click here.
Management will host a Conference Call and question-and-answer session, which will be accompanied by a presentation available during the webinar. To access the call, please use the following information:
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A recording of the call and the pdf version of the presentation will be available after the conclusion of the live event via Moolec’s Investor Relations website.
About Moolec Science SA Moolec is a science-based ingredient company leader in the use of Molecular Farming technology for food and dietary supplementation markets. The Company’s mission is to create unique food ingredients by engineering plants with animal protein genes. Its purpose is to redefine the way the world produces animal proteins, for good and for all. Moolec’s technological approach aims to have the cost structure of plant-based solutions with the nutrition and functionality of animal-based ones. Moolec’s technology has been under development for more than a decade and is known for pioneering the production of a bovine protein in a crop for the food industry. The Company’s product portfolio and pipeline leverage the agronomic efficiency of broadly used target crops like soybean, pea, and safflower to produce oils and proteins. Moolec also has an industrial and commercial R&D capability to complement the company’s Molecular Farming technology. Moolec secures a growing international patent portfolio (25+, both granted and pending) for its Molecular Farming technology. The Company is run by a diverse team of PhDs and Food Insiders, and operates in the United States, Europe, and South America. For more information, visit moolecscience.com and ir.moolecscience.com.
Forward-Looking Statements This press release contains “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to performance, prospects, revenues, and other aspects of the business of Moolec are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec’s business and other risks and uncertainties, including those included under the header “Risk Factors” in the Moolec’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”), as well as Moolec’s other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of Moolec’s assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.
Sappe PCL or SAPPE has officially named the world’s leading K-Pop boy band SEVENTEEN, top of the list of K-Pop boy group brand value ranking, as its First Global Brand Ambassador for flagship fruit drink Mogu Mogu. As part of the role, the 13 members of SEVENTEEN will be the representatives of ‘Fun’ and ‘Lively’ for SAPPE’s fruit juice with coconut jelly Mogu Mogu, the favorite drink in several countries, with its “Sip Chew Feel Mogu Mogu” campaign. This reflects the strong global success of SAPPE, which currently exports beverages to around 100 countries worldwide.
SAPPE CEO Ms Piyajit Ruckariyapong said “Mogu Mogu has received a very warm welcome in foreign markets, and thanks to its difference and uniqueness we are the world’s first beverage maker to have introduced a drink mixing big pieces of coconut jelly, a ‘Snack Drink’, to the market in 2001. Until now, more than 30 billion bottles of Mogu Mogu have been distributed to consumers worldwide while at Sappe we have been busy marketing and expanding sales channels to reach our consumers globally.”
SAPPE made another important stride toward becoming a ‘Global Brand’ when it was able to achieve continuous growth in the foreign market, receiving wide acceptance among customers with its innovative strategies like the ‘France First’ model in Europe and the ‘Korea First’ in Asia through its Global Influencer Marketing strategy and the product tie-in in K-Dramas on Netflix. These initiatives have created viral trends at the regional and global levels, positioning South Korea and France as the “Main Influencers” in their respective regions.
To strengthen Mogu Mogu’s global presence, SAPPE will introduce the “Sip Chew Feel Mogu Mogu” campaign this year as its first global brand campaign. The campaign will kick off in South Korea and France, which are the “Key Countries” and the important “Trend Setters”, to increase its Brand Engagement with the customers in both countries through the product and SEVENTEEN, its Global Brand Ambassador with prevailing popularity across the globe.
The company also conducted a Brand Health Check with Milieu Insight, a well-known market research and data analytics company, to identify consumer needs and engage them in helping develop marketing strategy at the global campaign level. In addition, SAPPE has invited DDB Worldwide Communication Group LLC, the global marketing agency and Omnicom Group affiliate, to help create relevant strategies and carry out activities throughout the campaign. This project is considered a major partnership of the world-class teams.
The SAPPE CEO added that with their iconic energy and positivity, SEVENTEEN will join hands with Mogu Mogu to reach out to the global audience and spread the ‘fun’ and the ‘liveliness’ the brand represents. Propelled by the K-pop group’s popularity, Mogu Mogu hopes to further increase brand engagement, build a unique narrative, and expand its market.
The “Sip Chew Feel Mogu Mogu” campaign is the company’s biggest-ever campaign at a global level. All the members of SEVENTEEN will represent Mogu Mogu in communicating with its public worldwide through TVC and numerous marketing tools. Further forms of fun will be arranged for the fans, such as special gifts from Mogu Mogu, Mogu Mogu Special Pack Limited Edition. SAPPE expects that all activities in the campaign will help increase brand engagement by 25%.
“With all this, we intend to create happiness and fun for the fans of Mogu Mogu and SEVENTEEN around the world. It is a significant beginning in building Mogu Mogu into a beloved brand at a global level from now on”.
About Sappe
Sappe PCL (SAPPE TB) is well-recognized as the leader of innovative drinks and pioneer of functional drinks in Thailand. Sappe has been running business with its determination that ‘We better people’s lives through our innovative spirit.” The company applies innovations to drive the business creatively in order to produce innovative products and efficient administration. Sappe’s core DNA “Creative, Dynamic, Fun” has been perfectly demonstrated through its products and corporate culture.
Currently, Sappe has 12 product brands in 5 categories created by Sappe players and business partners. Beverage products from Sappe have been among the leaders in the functional drink market for over a decade with various refreshments for consumers. Some drinks are made from Thai agricultural products, including Mogu Mogu, Sappe Aloe Vera and All Coco. Sappe’s products are distributed in 98 countries worldwide, backed by a strong will to build Sappe into a global brand.
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With over 25 Billion CFUs of active probiotics and 12 strains of friendly bacteria, 
