Local Business Archives - Page 11 of 48

Cisgenics Brings Next-Generation Irrigation Technology to Australia

Cisgenics, a pioneer of world-class sustainable irrigation solutions, has entered the Australian market, introducing their next-generation irrigation solutions which hold the potential to shape the future of water management in Australia. The company is opening its first office in Adelaide and undertaken a number of significant projects including a world-class sporting venue and various projects for the City of West Torrens in South Australia. These projects address urban green space management and water optimisation to maintain lush, inviting landscapes while adhering to strict water conservation mandates.

Australia faces pressing challenges such as water overconsumption, frequent droughts, and the resulting heightened risk of fires, all of which threaten the sustainability of agricultural practices, urban green spaces, and notable landmarks. Cisgenic’s flagship solution, CisgenX, derived from over 45 years of experience in irrigation experience across more than 1,000 projects, can help overcome some of these issues. A proven solution, CisgenX will be deployed at some of the world’s most recognisable and photographed locations including, Bay East Gardens, and the Founders Memorial at Singapore’s Gardens by the Bay, along with the Nad Al Sheba Road in the UAE.

“We see a significant market for CisgenX in Australia, where water conservation and droughts are critical concerns,” says Sam Rebera, Managing Director of Cisgenics. “To help local businesses and communities meet their sustainability goals, we are striving to earn the Smart Approved Watermark, which we believe will establish CisgenX as Australia’s leading sustainable irrigation solution. To support this goal and manage the projects we’ve secured, we are in the process of opening an office in Adelaide.”

Cisgenics designs solutions to meet the unique needs of various industries, from golf courses and landscapes to agribusiness. Their precision irrigation systems enhance turf health, create water-efficient green spaces in both urban and rural areas, and boost crop yields. CisgenX, utilises advanced IoT (Internet of Things) technology and machine learning algorithms to optimise water, fertiliser, and energy use. This state-of-the-art solution helps optimise water usage and manage plant health.

The integration of technologies in the CisgenX solution enables precision irrigation, where machine learning algorithms will work alongside weather data to predict water needs with pinpoint accuracy, significantly reducing water waste. The platform’s advanced sensors and real-time monitoring optimise resource use, saving money, conserving water, and ensuring plant health. Internal studies have shown that CisgenX can cut water consumption by up to 40%, and in some cases, by as much as 70% on traditional methods of irrigation. These significant reductions help clients meet their ESG goals while providing real-time data through IoT sensors that monitor soil moisture and other critical factors.

“Through our advanced irrigation solutions, we are not only addressing immediate concerns like water scarcity and fire risk but also contributing to a sustainable future for Australia,” added Rebera. “Our goal is to support the country’s efforts to manage its natural resources responsibly while ensuring that essential green spaces thrive.”

Cisgenics will be showcasing these products and more at the upcoming Irrigation Conference 2024 in Sydney from 2-4 September. Attendees are invited to visit Booth 88 to learn how their solutions can transform irrigation practices in Australia and beyond.

About Cisgenics

Cisgenics is dedicated to revolutionising the irrigation industry through innovative, AI-powered solutions that optimise water and energy use, promote sustainability, and ensure the health and longevity of green assets worldwide. With more than 45 years of experience, Cisgenics combines deep industry knowledge with the latest technological advancements to offer precision, efficiency, and sustainability in water management. Visit cisgenics.com for more information.

For more information, please contact:
Illka Gobius
Managing Director
PINPOINT PR Pte. Ltd.
Email: illka@pinpointpr.global
Phone: (AU) 0429 396 275 or (SG) +65 9769 8370

Hektar REIT’s Q2 Realised Net Income Up 42.8% Backed by Enlarged and Diversified Asset Portfolio

Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (“Hektar REIT”) is pleased to announce the second quarter results for the financial year ending 30 June 2024 (“Q2 FY2024”), highlighting a significant improvement in financial performance driven by new revenue contribution from Kolej Yayasan Saad and effective operational management.

Sabrina Halim, Chief Operating Officer of Hektar Asset Management

In Q2 FY2024, Hektar REIT reported revenue of RM36.6 million, an increase of 34.4% compared to RM27.2 million in the preceding year’s corresponding quarter (“Q2 FY2023”) largely attributed to the rental income recognised from its newly acquired education asset, Kolej Yayasan Saad (“KYS”). Net Property Income (“NPI”) increased by 33.7% from RM15.5 million to RM20.7 million, and Net Realised Income surged by 42.8% to RM9.9 million in Q2 FY2024.

Hektar REITSummary of Financial Results for 2Q24Q2’ 2024RM’000Q2’ 2023RM’000Variance%Total Revenue36,55727,20734.4Nei Property Income (“NPI”)20,71315,42733.7Net Realised Income9,9336,95642.8

The quarter under review saw an encouraging rental reversion rate across all Hektar Malls with overall rental reversion recorded at 6.4%. On its tenancy expiry profile, a total of 28 renewals and new tenancies were secured which make up to 3.2% of the portfolio’s net lettable area. Cumulatively, a total of 62 renewals and new tenancies representing 259,676 sf of 12.7% of its retail portfolio’s net lettable area have been completed to-date with other expiring tenancies are currently in advanced negotiations stage, on track for conclusion by year-end.Supported by the strong financial performance, the Manager of Hektar REIT has declared an interim income distribution of 1.9 sen per unit for Q2 FY2024, totalling RM13.4 million. This translates to an annualised dividend yield of 6.4% based on the closing price of RM0.595 on 28 June 2024. The Income Distribution Reinvestment Plan (“IDRP”) will be applied, allowing unitholders to reinvest their dividends into new units. Unitholders are presented with this option to enhance their investments in Hektar REIT, in alignment to Hektar REIT’s capital growth and preservation objectives.As at Q2 FY2024, the overall occupancy rate at Hektar Malls was recorded at 87.2%. On the other hand, secured occupancy rate has further improved to 89.3% with tenants committed to open their doors to customers in the coming quarters. The encouraging numbers resulted from Hektar REIT’s enhance leasing strategies, continuous Asset Enhancement Initiatives (“AEI”) together with the strong retail industry outlook for the remaining half of 2024.To further extract values from its portfolio of retail assets, the Manager’s focus remains to be on Subang Parade’s overall repositioning. Urban Agenda Design Sdn Bhd was recently appointed as the lead architect for the rejuvenation project which covers Subang Parade’s interior and exterior facelifts to be implemented over three (3) years. Urban Agenda Design Sdn Bhd is an experienced party with extensive redevelopment portfolio ranging from REX KL, Semua House, The Five and Maximin Office (PJ). The management foresees improved occupancy levels, positive rental reversions, property valuation and increase in visitor traffic post-renovation works. The project is currently at the detailed design stage with the actual works on-site targeted to commence by Q1 2025.Sabrina Halim, Chief Operating Officer of Hektar Asset Management Sdn. Bhd. commented, “The positive results derived from the successful acquisition of our first non-retail asset marks a significant milestone in our diversification strategy. This strategic move not only broadens our portfolio but also enhances our resilience against market fluctuations. We believe that diversifying our asset base with high-quality, income-generating properties will provide a more stable revenue stream and reduce our dependency on retail assets alone.”She further added, “As we move forward, we are actively exploring further accretive opportunities that align with our long-term growth objectives, ensuring that we continue to deliver sustainable and attractive returns to our unitholders. Our commitment to optimising our asset portfolio and implementing prudent capital management practices will drive Hektar REIT’s growth and position us strongly in an increasingly competitive market environment.”The Manager recently announced the intention to double Hektar REIT’s portfolio size to RM3 billion by 2027. Presented by various opportunities, the Manager is carefully appraising the prospects for their financial feasibility, strength of income stream, growth potential and contribution to the portfolio’s blended returns. With a target of having a well-balanced portfolio, the Manager is focusing on its core which is underserved retail assets with value creation potential, while also eyeing for resilient assets such as education properties within the K-12 segment and light industrial properties. Meanwhile, the Manager is continuously enhancing the leasing and marketing initiatives at Hektar Malls, with pockets of minor AEIs implemented on-site to further enhance the value propositions of the shopping centres.ABOUT HEKTAR REAL ESTATE INVESTMENT TRUSTHektar Real Estate Investment Trust (“Hektar REIT”) is Malaysia’s first listed retail-focused REIT. The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT. Hektar REIT was listed on the Main Market of Bursa Malaysia Securities Berhad on 4 December 2006 and currently owns 2 million square feet of retail space in 4 states with assets valued at RM1.2 billion as at 31 December 2023. Hektar REIT is managed by Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd. Hektar REIT’s portfolio of diversified properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade and Kolej Yayasan Saad in Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah and Segamat Central in Segamat, Johor. For more information, please visit www.HektarREIT.comFor more information or inquiries, please contact:

Hektar Asset Management Sdn BhdD1-U3-10, Solaris DutamasNo 1, Jalan Dutamas 150480 Kuala LumpurMalaysia Investor RelationsTel: +603 6205 5570Fax: +603 6205 5571Email: ir@HektarREIT.comWeb: www.HektarREIT.com

The Perse School (Singapore) to Launch New Campus in 2025

The Perse School (Singapore) (TPSS) has won the tender conducted by the Economic Development Board (EDB) and Singapore Land Authority (SLA) in the first half of 2024 to provide foreign system education on the site at 58 Chestnut Drive.

Under new leadership, led by CEO Johan Stromsater and school principal, Daniel Cross, TPSS targets a launch on the new campus in January 2025 with a future-focused Cambridge curriculum to equip students with academic, critical thinking, problem-solving, and leadership skills. TPSS is working towards ERF registration, and subject to regulatory approval, will open to students from 3-11 years of age from January 2025 and extend to include 12-18 years of age from 2026. This development marks the beginning of an exciting phase for TPSS as the new management seeks to offer a blend of British academic excellence, co-curricular opportunities, and pastoral care for students with fees starting at $22,750 per year.

“We are excited to bring The Perse’s long-standing tradition of excellence to the International School sector in Singapore at a fee level that will make a top tier British education attainable,” says Johan Stromsater, CEO of TPSS. “Our mission is to nurture happiness and success among our students, and we are committed to developing a diverse student community and an inspiring educational environment where every student can thrive.”

“Singapore’s diverse and high-quality selection of Foreign System Schools enhances our competitiveness as an attractive location for international companies and global talent. The Perse School (Singapore) will add to the landscape and serve the varied education needs of expatriate families here,” said Ms Ho Weng Si, Senior Vice President, Industry Manpower Development, EDB.

The leadership team comprises:

Johan Stromsater: CEO of Futuris Education and now CEO of TPSS, previously served as CEO of the Canadian International School in Singapore.
Daniel Cross: Founding Principal of TPSS, is relocating to Singapore from Cambridge after 24 years at The Perse School Cambridge, most recently as Senior Deputy Head. “I am thrilled to bring the rich traditions and academic excellence of The Perse School to Singapore. We aim to provide a world-class education that blends academic rigour with a modern, future-focused skills curriculum.”
Kephren Sherry will be the Head of Pelicans (Early years) and Junior School, with 28 years in education and 12 years in the international school system. “Joining The Perse School Singapore is an incredible opportunity to shape the future of education for thousands of children.”

Innovative Curriculum

TPSS will offer a comprehensive education from early years (3 years) to senior school (18 years). The school’s curriculum will prepare students holistically for the challenges and opportunities of the future, equipping students with academic rigour, critical thinking, problem-solving, and leadership skills. The Pelican Junior and Senior programs will follow the International Cambridge curriculum until iGCSE, with Years 12 and 13 adopting the International Baccalaureate (IB). The curriculum will have a strong emphasis on STEM subjects and bilingual programs, and will also integrate skills such as robotics, coding, and entrepreneurship into the core timetable.

State-of-the-Art Facilities

The new campus will be located at 58 Chestnut Drive, the former site of Chestnut Drive Secondary School. The campus is undergoing significant renovations to create a state-of-the-art learning environment, with facilities that will include modern classrooms, a multi-purpose sports field, and specialised arts, music, and drama learning spaces. The first phase of the development is expected to be completed in time for the school opening in January 2025, with further development phases planned outside of school term time throughout 2025.

Mission and Values of The Perse School Singapore

TPSS is under licence from The Perse School Cambridge International who will closely support the schools design and setup. With over 400 years of British academic excellence and heritage, the setup will be guided by a commitment towards academic excellence, extracurricular activity, and pastoral care to nurture well-rounded students. This is underpinned by The Perse core values of Endeavour, Intellectual Curiosity, Breadth and Balance, and Care for One Another and the Environment.

Ed Elliott, Head of The Perse School Cambridge, remarks: “The close collaboration between our campuses will ensure the consistent delivery of The Perse’s high standards and values. In a typical year, 40-50 Perse Cambridge pupils will receive offers from Oxford or Cambridge Universities. Perse Cambridge students received a combined 718 university offers this year, including 589 from the UK’s prestigious Russell Group universities. Our success in university placements stems from an excellent academic education, complemented by our commitment to individual personal development through extracurricular programs like our Perse Exploration Society. These initiatives prepare students for further education, employment and adult life. Offering pathways to higher education and careers has been a hallmark of The Perse for centuries, and we aspire to extend these opportunities to our students in Singapore.”

About The Perse School (Singapore)

The Perse School (Singapore), owned and operated by Future Education PTE LTD, offers an outstanding education affiliated with The Perse School Cambridge International. Perse Singapore’s focus is on academic excellence, extracurricular activity, and pastoral care to nurture rounded students. Our core values—Endeavour, Intellectual Curiosity, Breadth and Balance, and One Another and the Environment—guide and shape the school’s culture.

About The Perse School Cambridge

The Perse School offers an excellent academic education complemented by extracurricular programs like the Perse Exploration Society. For more details, visit www.perse.co.uk.

Contact: knsawtell@perse.co.uk or sdarmitage@perse.co.uk

Contact Information:
For media enquiries or more information, please email Contact@perse.com.sg.

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For more information, please visit www.perse.com.sg

Q&M Dental Group’s profit after tax grew 84%, Board declared 0.40 cent interim dividend, a 150% increase over the same period last year

1H2024 Total EBITDA 27% higher at S$23.4 million vs 1H2023 of S$18.5 million;
1st Interim Dividend of 0.40 Singapore cent per share to be paid on 2 September 2024, an increase of 150% as compared to 1H23. Dividend Payout Ratio of 39%;
Net Asset Value of S$104 million with Group gearing reduced from 0.78 to 0.71 as at 30 June 2024 vs 31 Dec 2023.

GROUP FINANCIAL HIGHLIGHTS

6 months ended 30 June	1H2024 S$’000	1H2023 S$’000	Change %
Total Revenue	88,792	87,145	2
Total EBITDA	23,420	18,477	27
Total PATMI	9,799	5,334	84

Earnings Per Share (SG Cent)	1.04	0.56	86
Dividend Per share (SG Cent)	0.4	0.16	150
Dividend Payout Ratio (%)	39	28	11
	As at 30 June 2024 S$’000	As at 31 Dec 2023 S$’000	Change %
Net Asset Value (S$’000)	104,000	99,071	5
Net Asset Value per Share (SG Cent)	11.0	10.5	5
Debt to Total Equity Ratio (X times)	0.71	0.78	Reduced

Mainboard listed Q&M Dental Group Limited (“the Group” or “the Company” and together with its subsidiaries, the “Group”) today reported total revenue of S$88.8 million and profit after tax attributable to parent of S$9.8 million for the 6 months ended 30 June 2024 (“1H2024”).

Dr Ng Chin Siau, Group Chief Executive Officer of Q&M, said, “We are pleased to report that Q&M Dental Group has achieved a solid 84% increase in profit to S$9.8 million for the first half of 2024, driven by a robust revenue of S$88.8 million.

This significant growth underscores the strength of our dental healthcare business, which has remained steady and resilient despite the challenges of recent years with our total EBITDA for the period also increasing by 27% to S$23.4 million compared to the same period last year. In recognition of our solid performance, we are pleased to declare a first interim dividend of 0.4 Singapore cents per share, to be paid on 2 September, 2024, reflecting a dividend payout ratio of 39%. Additionally, we have successfully pared down our Group gearing, further strengthening our financial position.

These achievements highlight our commitment to delivering sustainable growth and value to our shareholders while continuing to provide exceptional dental care.”

1H2024 Financials

The Group’s total revenue increased 2% from S$87.1 million for 1H2023 to S$88.8 million for 1H2024, mainly from higher revenue contribution from Singapore dental clinics that was partially offset by lower revenue contribution from the Group’s medical laboratory business and dental distribution business, as well as lower profit guarantee income.

The Group recorded net other gains of S$1.8 million, mainly due to a gain on disposal of EM2AI Pte. Ltd. as well as compensation from ex-vendors for the settlement and termination deed for Shanghai Chuangyi Investment & Management Co., Ltd. and ex-vendors from AR Dental Supplies Sdn. Bhd..

Added Dr Ng, “While this has been a solid performance so far for this 1H2024, we remain focused on and committed to solidifying the fundamentals of the Group, keeping to our corporate philosophy of personal excellence and ethical behaviour, harmonious and respectful work environment, align objectives and work effectively as a team, ultimately benefiting patients and contributing to societal well-being. We will expand our network, embrace innovative technologies such as Artificial Intelligence (AI), and enhance operational efficiencies to drive future success.”

Investment in associates recorded a share of profit of S$0.2 million, mainly due to Aoxin Q&M Dental Limited turning from a loss in 1H2023 to profit in 1H2024.

Net cash flow generated from operating activities was S$17.3 million for 1H2024. This is mainly due to profit generated from operations in 1H2024 offset by decrease in trade and other payables, increase in trade and other receivables and income taxes paid. Net cash used in investing activities in 1H2024 amounted to S$1.1 million, mainly due to the purchase of plant and equipment for the existing and new dental clinics off set by decrease in sign on bonus for dentists. Net cash used in financing activities in 1H2024 was S$17.9 million, mainly due to repayment of lease liabilities arising from right-of-use assets, dividend payment to shareholders and repayment of bank loans. As at 30 June 2024, Q&M has cash and cash equivalents of S$32.3 million and bank borrowings plus finance leases amounting to S$76.5 million.

Net Aset Value attributable to owners of parent is S$104.0 million as at 30 June 2024 compared to S$99.1 million on 31 December 2023, an increase of 5%. Net assets value per ordinary share increased to 11.0 Singapore cents as at 30 June 2024 from 10.5 cents as at 31 December 2023.

Dividend

The Board of Directors of Q&M declared a first interim dividend of 0.4 Singapore cent per ordinary share for 1H2024, an increase of 150% as compared to 1H23. The dividend payout ratio works out to be 39% for 1H2024. The dividend will be paid on 2 September 2024.

Recent Developments

– EM2AI – AI-empowered Dental Solutions

EM2AI Pte. Ltd has recently announced in July, the release of the “Treatment Plan” on its Artificial Intelligence (AI)-module. The “Treatment Plan” AI-Module leverages state-of-the-art technology, including Large Language Models (LLM) to optimise treatment recommendations. It combines the strength of conventional clinical decision support systems, with the advanced processing capabilities of LLM to understand and interpret all data and input effectively. This greatly strengthens our overall value proposition as patients will be provided with holistic analysis with recommendations that will be unbiased and objective.

– Announcement of Arbitral award

On 15 July 2024, the Company announced that the Group’s wholly-owned subsidiary, Q&M Dental Group (Malaysia) Sdn Bhd, obtained an arbitral award from the Singapore International Arbitration Centre against (i) Tye Chee Wah; (ii) Chong Vooi Seong; (iii) Chan Sing Cheong, who are the remaining 30% shareholders of AR Dental Supplies Sdn Bhd, as well as (iv) Pride Access Sdn Bhd.

Looking Ahead

– Expansion of network of dental clinics in Singapore and the Asia Pacific region

Our commitment to expanding our network of dental clinics is unwavering. We continue to explore strategic opportunities for growth in Singapore and other Asia Pacific region markets. Each clinic is meticulously evaluated to enhance productivity and maximise returns.

– Dentistry 3.0 – Towards a “Lifelong Learning Organisation”, Ethical Dentistry, & Strengthening of Core Values

We are optimistic about the opportunities that lie ahead. Our strategic investments in AI, lifelong learning throughout the organisation, and ethical dentistry will ensure that we are well-prepared to navigate the challenges of the evolving healthcare landscape. We remain committed to our core values of loyalty, truthfulness, respect, righteousness, and integrity, which guide our actions and decisions.

Barring any unforeseen circumstances, there are no known significant changes in the trends and competitive conditions of the industry in which the Q&M operates and no other major known factors or events that may adversely affect the Group in the next reporting period and the next 12 months.

This press release is read in conjunction with Q&M’s 1H2024 results release on SGXNET.

Footnotes:
1. EBITDA refers to earnings before interest, taxes, depreciation and amortisation.
2. PATMI refers to profit after tax and minority interest (aka Profit attributable to parent).

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

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

The Group owns the largest network of private dental outlets in Singapore, operating 107 dental outlets across the country. Underpinned by about 270 experienced dentists and over 350 supporting staff, the Group sees an average of 40,000 patient visits a month in Singapore. The Group also operates 5 medical clinics and a dental supplies and equipment distribution company.

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

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

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

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

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

Media queries, please contact:
Waterbrooks Consultants Pte Ltd
Wayne Koo: wayne.koo@waterbrooks.com.sg , +65 9338-8166
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Life-Space Aims to Help Improve Gut Health in Singapore and Southeast Asia with Award-Winning Probiotic Range

As health and wellness become paramount in the fast-growing markets of Singapore and within Southeast Asia, a crucial yet often overlooked aspect of overall well-being is gaining attention: gut health. Studies by probiotics specialists Life-Space have shown that gut health is integral to a robust immune system, effective digestion, and even mental health.

The shifting attitudes of Southeast Asian residents towards nutritional supplements, spurred by the impact of the Covid-19 pandemic and an increased focus on personal health, have ushered in a new era for the industry. With an unwavering commitment to specialisation in probiotics, Life-Space is aiming to continuously provide solutions for the diverse health issues faced by consumers in Southeast Asia.

Recognising the unique health challenges in these regions, Life-Space which is Australia’s No. 1 probiotics expert, is set to revolutionise gut health with its award-winning range of products, including in Singapore.

Alan Yi, General Manager of Life-Space Group shared, “Life-Space is dedicated to advancing the health and wellness of Singaporeans through our innovative probiotic solutions. We understand the unique challenges faced by many in maintaining a healthy gut and are committed to providing effective, science-backed products to support their journey towards better health.

“Our recent engagements at prominent industry events highlight our commitment to education and community involvement, ensuring that Singaporeans have access to the best possible resources for their well-being,” he said.

At the heart of Life-Space’s offerings is the Broad Spectrum Probiotic, a supplement designed to support a balanced gut microbiome. This probiotic combines 15 strains and 32 billion CFU of naturally sourced probiotics to enhance digestive health, bolster the immune system, and promote overall wellness.

Life-Space’s commitment to scientific research and high-quality ingredients ensures that consumers in Singapore and Southeast Asia have access to top-tier health solutions.

Life-Space has actively engaged with key markets like Singapore through major events, such as the Glow Festival (5-16 July 2024) and the Growth Asia Summit (16-18 July 2024), where it showcased its science-backed probiotic supplements and participated in critical discussions on gut health. These engagements in Singapore underscore the brand’s commitment to education and community involvement, reinforcing its presence in the region.

Following these successful events, Life-Space further solidified its commitment by partnering and engaging in The Guardian Retreat (19-20 July 2024) held in Kuala Lumpur. The retreat, themed “Nurturing MY Well-being,” featured Life-Space Group’s lead Scientific Educator, Jessica Simonis, who delivered a keynote address and a workshop for over 100 Guardian pharmacists, emphasising education, communication, and brand image building.

Life-Space is dedicated to expanding its footprint in Singapore, providing innovative probiotic solutions and actively participating in industry-leading events.

As the brand continues to grow, it remains committed to offering high-quality products that support a healthy, balanced lifestyle, ensuring that consumers in Singapore and Southeast Asia have access to the best health solutions.

For any queries, please contact Chua Sheng Rui (+65 91372102)

Local Wellness Consciousness Continues to Flourish – Glow Festival by Prudential 2024 Concludes 16 Days of Wellness Awakening with 400% Increase in Attendance

Glow Festival by Prudential 2024, South East Asia’s largest wellness festival has concluded its 16 day wellness extravaganza from 6 to 21 July 2024. Held at Marina Bay Sands Event Plaza and Rain Oculus, the event drew over 400% increase in attendees as compared to the previous editions, making Glow Festival by Prudential the most successful one yet. Themed “Wellness Awakening”, the festival brought together fitness enthusiasts, families and individuals of all ages through a vibrant series of wellness workshops, bazaars and immersive experiences aimed at enhancing mental, emotional and physical well being.

“This year’s Festival exceeded our expectations, presenting a remarkable shift as individuals and fitness enthusiasts from all walks of life embrace wellness in Singapore. The aim of Glow Festival has always been to inspire the public to pursue wellness holistically and to create a platform for wellness practitioners to showcase their talents. Witnessing the impact we are making here in Singapore, has brought us one step closer to our mission of transforming the city into a wellness haven,” said Martin Capstick, Founder of Glow Festival.

Since its inception from 2019, Glow Festival has become a leading wellness event in Singapore, launching its third edition this year. Being the anchor event of the Singapore Tourism Board’s (STB) Wellness Festival Singapore (WFS), the festival has gone hand-in-hand with STB to play a pivotal role in highlighting and supporting the wellness scene in Singapore. What began as a one-day event has since expanded to a sixteen-day festival, offering unique wellness experiences, reflecting the success of Glow Festival and its impact on the evolving wellness landscape in Singapore.

Leading life insurer Prudential, the presenting sponsor of this year’s event, launched its six-week exclusive mentorship programme, Project Glow Up for individuals aspiring to build a career in the wellness industry. Following an overwhelming response from hopeful candidates across Singapore, each of the three selected mentees were professionally mentored by experts in the fitness, food and beverage and retail industries. This initiative also marked the inaugural collaboration between Prudential and Glow Festival, with the common goal of bringing together a wellness community to inspire more people to enrich their physical and mental well-being.

Participants taking part in a wellness session led by one of lululemon ambassadors

The burgeoning popularity of Glow Festival also highlights the rising importance of fitness and well-being among Singaporeans. Since the pandemic, it was surveyed that about 66% of Singaporeans are motivated to adopt healthier lifestyles, despite the heightened stress and anxiety caused by long working hours. Through its collaborations with key partners such as Prudential, Marina Bay Sands, lululemon, PURE, Guardian, Ishopchangi, and Almora Botanica etc, Glow Festival has also provided a unique space for practitioners to display their talents and connect with a wider audience, further enhancing the focus on holistic wellness that targets the mind, body, soul and spirit in the local scene.

Programme Key Highlights

Global lululemon ambassadors, Akin Akman and Dr Chelsea Jackson Roberts leading a line of classes as well as panel talks across various sessions during Glow Festival

In partnership with lululemon, this year’s event was headlined by international celebrity coaches Akin Akman, Co-Founder of AARMY and Dr Chelsea Jackson Roberts, internationally acclaimed Peloton yoga teacher, with sold-out classes over the three weekends. Other local lululemon ambassadors, trainers and practitioners also led over 70 different classes ranging from yoga flows, spin cycles, pilates to HIIT workouts, providing a comprehensive wellness experience for all participants.

Get Into Strides With lululemon led by renowned Korean celebrity coach, Min-Kyu Park

Glow Festival by Prudential also debuted its electrifying 5-kilometre run in collaboration with lululemon. Taking place at sunrise along the scenic Marina Bay Sands across three weekends, renowned Korean celebrity coach, Min-Kyu Park, was one of the six celebrity instructors who led participants through his signature warm-up and cool-down sessions, energising the crowd for a day of wellness and fitness activities.

Attendees taking part in a 10-minute session of The Oracle by Alpha Wave Experience

Traditional wellness activities aside, Glow Festival by Prudential has also embraced cutting-edge technology, bringing a different wellness experience for attendees. For the first time in Singapore, “The Oracle” by Alpha Wave Experience made its way to Singapore shores. Participants embarked on a 10-minute sensory journey, immersed in a world of psychedelic light patterns synchronised with soothing music, experiencing a state of deep relaxation and heightened mental clarity.

Art Therapy Booth that promotes intentional mindfulness while working on a communal tapestry of art and individual art pieces

Driving further in its pursuit of mental relaxation, the Art Therapy booth, in collaboration with fashion enterprise Cloop, engaged with participants and local artists to create a communal tapestry piece of art at the event.

Wellness Bazaar by Guardian saw a diverse range of wellness products and supplements from over 17 vendors

Just a stone’s throw away from the Main Studio, the Wellness Bazaar by Guardian presented a curated selection of health and wellness products to complement attendees’ lifestyles, alongside local favourites from Wake The Crew and The Wkndrs as they tantalised taste buds with delectable healthy offerings. The bazaar’s vibrant energy was palpable, with over 17 vendors catering to the diverse wellness needs of the bustling crowd.

Glow Festival by Prudential concludes its successful 2024 run, redefining the wellness landscape in Singapore over 16 days. The festival’s holistic approach, coupled with innovative experiences and strong partnerships, has solidified its position as the leading wellness event in the region.

About Glow Festival by Prudential

Glow Festival by Prudential is Singapore’s premier health and wellness lifestyle event, dedicated to promoting health, happiness, and holistic well-being. 2024 is the third edition of the festival which was launched on Sentosa in 2019 as a 1 day event, returned post Covid in February 2023 at Marina Bay Sands Expo Hall with a 9 day schedule, and will set Marina Bay a-Glow in 2024 over 16 days. This year’s festival promises an array of immersive experiences, from invigorating fitness sessions and enlightening wellness workshops to a vibrant marketplace featuring local artisans and health-conscious brands. Participants can look forward to inspirational talks and specially curated fitness sessions, set against the stunning backdrop of Singapore’s skyline. Sponsored by Prudential, Glow Festival 2024 aims to create a vibrant community where people of all ages can come together to celebrate and embrace a healthier, happier lifestyle. For more information, please visit https://glowfestival.sg/

Facebook: https://www.facebook.com/glowfestivalsg
Instagram: @glowfestivalsg

About Wellness Festival Singapore 2024

The Wellness Festival Singapore (WFS) offers a line-up of wellness activities and experiences that promote holistic wellbeing to locals and visitors in Singapore. The programming comprises compelling activations across the island, with both free and ticketed events and experiences. WFS is a nationwide initiative organised by the Singapore Tourism Board (STB), supported by Enterprise Singapore (EnterpriseSG), Health Promotion Board (HPB), National Arts Council (NAC), Sentosa Development Corporation (SDC), and Sport Singapore (SportSG). For the most updated listing and details of WFS programming, please visit the WFS website at www.wellnessfest.sg.

About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore)

Prudential Assurance Company Singapore (Pte) Ltd is one of the top life insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 93 years. The company has an AA- Financial Strength Rating from leading credit rating agency Standard & Poor’s, with S$53.3 billion funds under management as at 31 December 2023. It delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of more than 5,200 financial representatives.

For media inquiries, please contact:
PRecious Communications
glowfestival@preciouscomms.com

In Historic First: Rockbird Media Brings Retail & E-Commerce Summit Asia to Vietnam

Following the successful run of the Retail & E-Commerce Summit Asia (RESA)across Southeast Asia, rockbird media is thrilled to unveil the next chapter of the summit in a new destination: Vietnam. Under the theme “Retail Revolution: Solidifying Growth Through Digital Expansion,” RESA Vietnam is scheduled for August 22, 2024, at Mai House, Ho Chi Minh City.

This event marks rockbird’s debut retail summit in the “Land of the Ascending Dragon,” and rightfully so. With the Vietnam market on an upward trajectory, bolstered by robust digital expansion and increased foreign investment, the event will gather industry leaders, C-level executives, and entrepreneurs to delve deep into the intricacies of the ever-changing world of retail and e-commerce.Attendees can look forward to engaging in keynote presentations, panel discussions, breakout sessions, 1-1 meetings, and networking opportunities, with the aim of fostering strategic dialogues, thought-provoking discussions, and actionable insights.Step into the future of retail! Seize this chance to connect with industry leaders, spark innovation, and drive transformative change alongside your peers.For more information, including registration details, complete agenda, speaker updates, pricing, and more, please visit https://rockbirdmedia.com/all_b2b/resa-vietnam/About rockbird mediaRockbird media is an international business media company that produces B2B events and offers business solutions.Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.Media contact:annjubelle@rockbirdmedia.com

CheckMinistry and FilterBank Join Forces to Revolutionize Employee Background Screening

A strategic collaboration agreement was signed today between CheckMinistry, a leading SaaS background screening platform, and FilterBank, a prominent information agency. The purpose of the partnership is to enhance their respective background screening capabilities on a global scale.

This will allow CheckMinistry to enrich its product offering by using FilterBank’s deep local expertise and resources to carry out efficient screening processes. Conversely, FilterBank will rely on CheckMinistry’s automated screening, powered by RegTech and AI, to conduct thorough overseas background checks for its clients.“We are excited to partner with FilterBank, a company that shares our commitment to accuracy, speed, transparency, and customer satisfaction,” said James Hunsrao, CEO of CheckMinistry. “This will allow us to provide our clients with even more comprehensive and efficient background screening solutions, regardless of their geographic location. We are confident that this partnership will be mutually beneficial and create significant value for our customers.”Jun Omune, CEO of FilterBank, added, “We are delighted to join forces with CheckMinistry. This partnership aligns perfectly with our mission to provide reliable information and support our clients’ decision-making processes. By combining our strengths, we can offer our clients a truly exceptional background screening experience.”For both companies, this strategic alliance represents a significant milestone and underscores their strong commitment to providing top-quality background screening services to their clients. Leveraging their combined strengths and expertise, CheckMinistry and FilterBank are poised to become the preferred choice for organizations seeking comprehensive and reliable background screening solutions.About CheckMinistryCheckMinistry — an ISO 27001 certified SaaS background screening platform that streamlines 20+ background checks, assists HR professionals in identifying potential risks within their candidate pool and makes informed hiring decisions faster than ever.As a member of the PBSA, CheckMinistry stays at the forefront of industry trends while ensuring full compliance with FCRA and GDPR. The company’s cutting-edge technology and automation streamline the vetting process, delivering results in half the usual time. This efficiency empowers clients to establish a safer, more secure workforce for their organizations. With a core team that brings over 20 years of expertise in background screening and HR operations, CheckMinistry guarantees the precision and legality of its services, enabling employers to confidently build a trustworthy workforce anywhere in the world.To know more: checkministry.comAbout FilterBankFounded in 1986, FilterBank envisions a society where relationships are grounded in sincerity and decisions are guided by personal integrity rather than superficial criteria. The company is dedicated to creating a reliable judgment system that addresses organizational challenges and fosters transparent interactions. FilterBank’s services are centered on specialized corporate credit investigations for risk management, recruitment filtering for enhanced hiring support, and anti-social checks conducted with strict compliance to ensure organizations make informed decisions that uphold societal trust.To know more: filterbank.co.jpMedia contact:CheckMinistry Marketing Teammarketing@checkministry.com

Doubleview Announces Drilling at the Hat Polymetallic Deposit

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

The Mineral Resource Estimate reported:

Micon International Limited authored the MRE and fulfilled the criteria for an MRE to meet the definition of potentially economic extraction.
An indicated resource of 150 million tonnes (Mt) and an inferred resource of 477 Mt at 0.2% copper equivalent (“CuEq**”) cut-off grade* or
An indicated resource of 1.353 billion pounds (Blb) of CuEq at 0.408% CuEq, which includes 733 Mlb of copper, 28 Mlb of cobalt, 929 thousand ounces of gold and 2 million ounces of silver and
An inferred resource of 3.619 Blb of CuEq at 0.344% CuEq cut-off grade, which includes 1.945 Blb of copper, 91 Mlb of cobalt, 2.328 million ounces of gold and 7.575 million ounces of silver.
The scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

For more detailed information on the mineral resource estimate, please see the Company’s news release dated July 25, 2024.

The main objectives of the 2024 drilling program are to:

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

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

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

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

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

TABLE 1. Drill Hole Data

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

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

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8003/218087_ea816fd714a989d6_001.jpg

Illustration 1; Plan and Section on the drill holes

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

Notes:

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

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

Quality Assurance and Quality Control:

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

The Hat Claims property consists of ten mineral tenures covering 5,200 hectares located north of the Golden Bear mine road in northwest BC. For additional information please visit www.doubleview.ca.

Qualified Persons:

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

About Doubleview Gold Corp

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

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

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

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

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

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

Rockbird Media’s Retail & E-commerce Summit Asia 2024 Ends on a High Note in Manila

The Retail & E-commerce Summit Asia (RESA) 2024, themed ‘Retail Revolution: Setting the Landscape Ablaze’, concluded triumphantly at Shangri-la The Fort, BGC, Manila on July 17-18, 2024. Organized by rockbird media, the summit gathered over a hundred C-level executives, directors, and industry leaders from across Asia.

The summit featured dynamic keynote presentations, insightful panel discussions, and interactive breakout sessions that delved into the challenges, critical trends, practical strategies, and innovations shaping the retail and e-commerce sector.

Prince Jimdel Ventura, Founder & CEO of Wear Forward and event speaker, emphasized the summit’s comprehensive approach: “In this event, we are not just gathering the key opinion leaders, those companies that are already there in the market, but at the same time encouraging upcoming or even new entrepreneurs to be involved.”

With the Philippines becoming a digital powerhouse, RESA 2024 is a timely platform providing industry experts an avenue to learn, collaborate, and innovate amidst the evolving dynamics of the retail and e-commerce landscape.

Another speaker Xavier Lee, Managing Director of Jumpstart Commerce, one of the event sponsors, highlighted the summit’s strategic value: “The opportunity for collaboration and partnerships arising from this event is great. We see rockbird media as a go-to market partner for us to expand into these markets that we are not in.”

For more information, you can visit: https://rockbirdmedia.com

About rockbird media

Rockbird media is an international business media company that produces B2B events and offers business solutions.

Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.

Media contact:
annjubelle@rockbirdmedia.com