Smart Digital Retail Philippines would like to extend the opportunity for sponsors, attendees and partners to join the biggest event in the Philippine retail ecosystem. Hence, we made a decision to move the event to April 13, 2023. The event will take place at the same time and venue as planned.
The retail sector in the Philippines has been facing challenging times in the study period, which worsened due to the sudden COVID-19 pandemic. The majority forms of physical retail, including supermarkets and convenience stores, hypermarkets, specialty stores, department stores, and other small and medium store owners around the country, are facing challenges owing to the lockdown and physical distancing measures. Due to the fear of contamination, the state of Philippine retail, and the global economy as a whole, is entering a time of both hope and uncertainty. As countries continue to recover from the COVID-19 pandemic, there’s been a concerted push to return to “normal.”
To mitigate the disruption caused by this crisis, Philippine retailers need to have a window of opportunity to reinvent their customer experience to meet consumer expectations. Technology is a vital tool that will enable businesses to enhance engagement through both online and physical channels. The transition will require a shift toward a more fully integrated technology ecosystem that can evolve future value propositions. Retailers are already recognizing the importance of technology to their operations, but fully seizing the opportunity will require a distinct retail strategy that incorporates greater partnership collaboration and investment in emerging tech.
– Consumer behavior change – Retail performance in the Philippines – Digital commerce and omnichannel – Overcoming disruption for resilient supply chains in the future – The new retail experience through technology – Retail stores: a shift to digital, experiential shopping – New approach to workforce empowerment – Contactless Payments & Autonomous Shopping – Exploring the Philippine BNPL landscape – The rise of chatbots and voice commerce – AI, robotics, and VR will soon dominate retail: welcome to retail 2.0 – Metaverse for the future of retail
With Smart Digital Retail Philippines, we will be looking at the challenges that are impacting the Philippine retail industry to create improved consumer experiences and more efficient creation. That said, this where all the leading retail companies and technology innovators meet and brainstorm in creating a sophisticated product development and present practical solutions that enable retailers and brands to stay relevant in these difficult times, connect with decision makers and enable the creation of new business opportunities.
Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One”) is pleased to report that a high-resolution airborne magnetic survey has commenced at Tyko and that the Company has acquired an additional 4,520 hectares through staking contiguous with the Tyko Nickel – Copper Project, in Ontario, Canada (Figure 1).
Figure 1. New Tyko property position map showing various mineralized zones, multi-line VTEM anomalies and interpreted feeder dyke / chonolith structures. Background is the 2021 survey magnetic survey Calculated Vertical Gradient (“CVG”). Greyed out zones are controlled by third parties.
President and CEO, Derrick Weyrauch commented, “This low-cost strategic expansion of the Tyko property secures additional ground interpreted to host prospective feeder dykes / chonolith structures. The 2023 high-resolution magnetic survey, that is currently being flown, will incorporate these new claims and will greatly refine structures across the entire property. Results of the magnetic survey will be compiled in 3D along with a broad soil sampling / mapping program that is scheduled to start in Q2.”
The new high-resolution magnetic survey is being flown by helicopter at 75-meter spacings and will comprise 4,520 line-kilometres. The survey is expected to be completed in February. The increased resolution of this survey will enable the Company to “see through the clutter” of the numerous later cross cutting diabase dykes at Tyko and improve drill targeting of the feeder dykes / chonolith structures.
Figure 1. New Tyko property position map showing various mineralized zones, multi-line VTEM anomalies and interpreted feeder dyke / chonolith structures. Background is the 2021 survey magnetic survey Calculated Vertical Gradient (“CVG”). Greyed out zones are controlled by third parties. https://images.newsfilecorp.com/files/6502/152488_845f83cc7452ab84_001full.jpg.
About Tyko Nickel – Copper – Cobalt Project
The Tyko Nickel – Copper – Cobalt Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel – copper (2:1 ratio) project and currently has five known mineralized zones spanning over a 20 kilometer strike length.
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.
About Palladium One
Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.
ON BEHALF OF THE BOARD “Derrick Weyrauch” President & CEO, Director
For further information contact: Derrick Weyrauch, President & CEO Email: info@palladiumoneinc.com
India is the fastest growing major economy in the world. In an era of global economic headwinds, India’s petroleum products consumption recorded a growth of 5.1% in FY 2021-22. It is projected to grow at 11% in the FY 2022-23. Bitumen, Petrochemicals and Base Oils are the three key products which is increasingly dependent on imports, due to domestic refining slate constraints. Middle East has traditionally been the key supply source for India’s import requirements. Russia is fast emerging as a new supply source vying for a slice of the Indian petroleum products market.
The new year 2023 brings together the leading Refineries, Buyers, Traders, Logistics Players, and Consultants for a power packed two-days of stimulating deliberations, business development and networking on Bitumen, Petrochemicals and Petro-products sector. The Rex Fuels & Solvex Global Conference 2023 would be the biggest event for the buyers & sellers in the Middle East, India, Africa, Russia, and South-East Asia.
Some of the biggest refineries from the Middle East region together with Gazprom from Russia are sponsoring the two-day conference. Mark your calendar for 25th & 26th Jan 2023, InterContinental Hotel, Dubai Festival City.
The dynamic and evolving geopolitical developments since February 2022 have brought new challenges and thrown open new opportunities as well. The oil & gas sector is right in the middle of it. The price volatility and rebalancing of the supply chains worldwide has led the market players to redraw their strategies to meet the evolving business challenges. Dubai occupies an increasingly pivotal role as the business hub for the region and also for the world. Rex Fuels & Solvex Global Conference 2023 brings together leading market participants.
Widely acknowledged as the benchmark event of the industry, the Rex Fuels & Solvex Global Conference is in its 5th edition in Dubai. It has already received the highest ever level of confirmed participation from over 400 delegates from Bitumen, Petrochemicals and Base Oils sectors. The overall number of Delegates participating in the two-day event is expected to exceed 500. The event has already attracted over 100 sponsors and 36 Exhibitors till date.
The agenda for the event and the Speakers list at the event include the top luminaries and experts from the leading Petroleum companies from the Bitumen, Petrochemicals and Petro-products sector. This event has elicited an unprecedented level of interest with delegates’ confirmation already received from over 28 countries from across the globe. It is likely to be a fully sold-out event. It would be an unmatched gathering of Suppliers, Buyers and Traders from Bitumen, Petrochemicals and Petro-products sectors.
India being the biggest importer of the bitumen and petrochemical products in the region has attracted the largest number of participants closely followed by the Middle East region. Delegates from Africa, Europe, Russia, and South-East Asian countries have also confirmed their participation.
A special highlight of this year’s event is a special exhibition pavilion dedicated to the Petrochemicals sector with over 23 suppliers putting up the exhibition booths. Suppliers from Bitumen, Base Oil and Petro-products have also expressed a very high level of interest in the exhibition pavilion.
The venue of the two-day conference, InterContinental Hotel, Dubai Festival City is well equipped to handle over 600 Delegates, Sponsors and Exhibitors in an environment of luxury and professional ambience.
Organized by Rex Conferences, a leading consultant in the Bitumen, Oil & Gas and Road Construction sector in India and Middle East region, Rex Group is widely acknowledged for their leading role in developing a consensus approach among the industry stakeholders.
Be a part of this premiere event to help shape the future Bitumen, Petrochemicals and Petro-products industry and get an opportunity to collaborate with industry experts in the fast-developing market. This premier event presents an unmissable opportunity for Business Development, Networking and Brand Promotion.
Prakash Govindan, COO and Co-Founder of Gradiant, a global solutions provider for advanced water and wastewater treatment, reflects upon the key highlights of the company in 2022.
“Despite the challenges faced in the global markets with COVID-19, inflation, and supply chain risks, 2022 was a breakout year for Gradiant,” Prakash remarks. “The consistent success is credited to the company’s proprietary technologies and integrated solutions that address a broad range of end-use applications for the world’s essential industries. Gradiant is serving a growing list of the top brands and manufacturers in the world with its mission-critical solutions for advanced manufacturing. We remain true to our roots as a technology company by continuing to rapidly translate R&D innovations into commercial solutions.”
Gradiant’s 2022 revenues have more than doubled from the prior year and is expected to double again in 2023 given the backlog of over $150 million USD in systems, service, and design-build-operate projects.
“We announced strategic acquisitions of WaterPark and Synauta this year. WaterPark is a Taiwan-based design and construction firm focused on water technologies for advanced manufacturing. The acquisition strengthens Gradiant’s portfolio of technologies and applications expertise in biological wastewater and unlocks Gradiant’s full range of solutions and global resources to WaterPark’s advanced industrial clients in semiconductor and microelectronics manufacturing.”
The May 2022 acquisition of Synauta, an artificial intelligence water technology company, accelerates Gradiant’s deployment of digital twin technology in water. Industrial clients are increasingly adopting machine learning AI for their water operations to address challenges of sustainability and cost pressures, business continuity, and regulatory compliance. Digital water is the area of greatest innovation potential in the global water industry, and Synauta bolsters Gradiant’s position as a technology leader in this space.
In September, Gradiant announced the appointment of Govind Alagappan as President. “Govind joins us from leadership roles at Evoqua and SUEZ Water technologies and brings us deep knowledge in sales & operational excellence in a global business. He has the perfect mix of skills and experience to lead Gradiant to the next level of transformative business growth.”
Gradiant announced a strategic partnership with SLB to deliver the sustainable production of battery-grade lithium compounds. “Our technologies will enable high levels of lithium concentration in a fraction of the time required by incumbent and competing methods, while also reducing carbon and water footprints and capital costs.”
The industry recognized Gradiant’s impact with a series of awards in 2022, including Global Water Intelligence’s”Water Technology Company of the Year” distinction and “Breakthrough Technology Company of the Year” for Synauta, as well as the International Desalination Association award for “Most Innovative Company“, and “A Great Place to Work” honors for Gradiant.
“Gradiant looks to 2023 for growth into new applications and geographies, and deep penetration into strategic markets. The company will expand capabilities and access-to-markets through strategic partnerships and acquisitions. Gradiant will continue to deploy its full technology stack to bring together industry-leading water treatment solutions with the power of AI to sustainably solve the world’s most important water challenges.”
About Gradiant
Gradiant is a global solutions provider for advanced water and wastewater treatment. With a full suite of differentiated and proprietary end-to-end solutions, powered by the top minds in water, Gradiant serves its clients’ mission-critical operations in the world’s essential industries. Gradiant was founded at the Massachusetts Institute of Technology (MIT) and is uniquely positioned to address the world’s increasing challenges created by industrialization, population growth, and water stress. Today, with over 525 employees, Gradiant operates from its global headquarters in Boston, regional headquarters and Global Innovation Center in Singapore, and offices across twelve countries. For more information, please visit www.gradiant.com.
Corporate Contact Felix Wang Gradiant, VP of Marketing fwang@gradiant.com
Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One”) is pleased to report additional high-grade drillhole intercepts for the Tyko Property, from the West Pickle massive sulphide discovery in Ontario, Canada.
Highlights – Additional West Pickle Zone assay results include: — 7.2% Ni, 2.0% Cu, 0.10% Co, 0.56 g/t Total Precious Metals (“TPM”) (Pt+Pd+Au) over 2.6 meters of massive sulphides in hole TK-22-073 —- Including 10.3% Ni, 2.9% Cu, 0.15% Co, 0.80 g/t TPM over 1.8 meters — 2.0% Ni, 0.9% Cu, 0.04% Co, 0.36 g/t Total Precious Metals (“TPM”) (Pt+Pd+Au) over 4.1 meters of massive and semi-massive sulphides in hole TK-22-072 —- Including 5.3 Ni%, 1.5% Cu, 0.12% Co, 0.67 g/t TPM over 1.5 meters – RJ Zone, 2.7 kilometres east of West Pickle, previously retuned 85.4 meters of mineralization: — 0.5% Ni and 0.2% Cu over 85.4 meters in hole TK-16-002 (see press release June 8, 2016) —- Including 1.0% Ni and 0.2% Cu over 16.2 meters – A key objective of the 2023 exploration program is to connect the West Pickle and RJ Zones (Figure 3) – The Tyko Project currently hosts five known nickel sulphide zones along a 20-kilometer trend and several yet to be tested Versatile Time Domain Electromagnetic (“VTEM”) anomalies
President and CEO Derrick Weyrauch commented, “This latest batch of drill results, with individual assays up to 11.9% nickel, continue to reinforce the high-grade nature of the West Pickle Zone within the larger regional opportunity provided by the project. Similar to the Smoke Lake Zone, West Pickle is revealing massive sulphides that have been likely remobilized from a much larger source, which we hope to discover in 2023. Our 2023 exploration plan at Tyko also includes step-out drilling from known mineralization, and regional exploration to refine drill targets along 10’s of kilometers of interpreted feeder dykes / chonoliths (Figure 2 & 3) that could have fed the large Bulldozer mafic-ultramafic complex.
Cash and cash equivalents of approximately C$11.3 million (unaudited) were on hand as at December 31, 2022.
The 2022 Drill program on Tyko consisted of 70 holes totaling 13,038 meters, of which 49 holes are pending assay results. The 2023 field season is currently being planned and a high-resolution magnetic survey is scheduled in Q1. This survey has been designed to refine the geometry of the interpreted feeder dykes / chonoliths across Tyko’s 30-kilometer strike length prior to additional drill testing.”
To date a total of 32 holes, totalling 6,766 meters have been drilled in the vicinity of the West Pickle Discovery. At present, West Pickle mineralization has been defined over more than 500 meters of strike length (Figure 3 and 4).
Figure 3. Plan and long section looking north perpendicular to the interpreted chonolith structure linking the West Pickle and RJ zones, showing potential for massive sulphide mineralization beyond the depth detectable by the 2021 VTEM airborne survey. https://images.newsfilecorp.com/files/6502/151121_093b45d304cecb48_003full.jpg
(1) Reported widths are “drilled widths” not true widths. (2) Italicised grey shaded values are previously reported (see news release October 4, 2022, November 21, 2022 and November 29, 2022)
The drilling program was carried out under the supervision of Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration, and a Director of the Company
Drill core samples were split using a rock saw by Company staff, with half retained in the core box and stored onsite at the Tyko exploration camp core yard facility.
Samples were transported in secure bags directly from the logging facility at the onsite exploration camp, to the Activation Laboratories Ltd. (“Actlabs”) in Thunder Bay, Ontario. Actlabs, which is ISO 17025 accredited with CAN-P-1579 (Mineral Lab). In addition to ISO 17025 accreditation, Actlabs is accredited/certified to ISO 9001:2015. All samples are crushed to 2 millimeters with a 250-gram split pulverized to 105 microns. Analysis for PGEs is performed using a 30 grams fire assay with an ICP-OES finish and for Ni, Cu, and Co using 0.25 grams by 4 acid digestion with ICP-OES finish. Ni, Cu and Co samples over 1.0 wt% were re-analysed by ore grade methods using 4 acid digestion with ICP-OES finish.
Certified standards, blanks and crushed duplicates are placed in the sample stream at a rate of one QA/QC sample per 10 core samples. Results are analyzed for acceptance within the defined limits of the standard used before being released to the public.
About Tyko Copper-Nickel-Cobalt Project
The Tyko Copper-Nickel-Cobalt Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel-copper (2:1 ratio) project. The West Pickle Zone occurs on the Pezim II claim block of the larger Tyko Project.
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.
About Palladium One
Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.
ON BEHALF OF THE BOARD “Derrick Weyrauch” President & CEO, Director
For further information contact: Derrick Weyrauch, President & CEO Email: info@palladiumoneinc.com
Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.
Preservica, a global leader in Active Digital Preservation archiving, announced today their partnership with Australia’s DatacomIT, a leading provider of specialised digitisation and hosted solutions for digital collections.
This partnership enables a seamless approach between digitisation and long-term Digital Preservation, with DatacomIT specialising in the conversion of analog materials to digital formats. Those who are already investing in digitisation will now be able to protect that investment by ensuring it is accessible, meets compliance and legal requirements, and is readable now and in the future with Preservica’s Digital Preservation solution.
“DatacomIT is excited about our new partnership with Preservica,” shared Eamonn Donohoe, General Manager, DatacomIT. “We can now offer our clients a one stop shop, from digitisation to Digital Preservation, and assist organisations to develop curation and preservation strategies. This partnership underpins our role as Australia’s industry leader in digitisation and Digital Preservation, fulfilling our mission of securing the past for the future.”
DatacomIT will offer consultation and implementation of Preservica’s cloud-hosted editions, which are changing the way organisations around the world future-proof and access critical long-term digital information. Preservica’s seamless application will bring together all the core elements of successful long-term Digital Preservation – durable storage, file format updates, and secure immediate access.
With over 40 years of experience offering digitisation solutions to cultural institutions, DatacomIT is a recognised leader in the GLAM sector, providing digitisation and Digital Preservation services for galleries, libraries, archives, and museums. Utilising proven leading-edge technologies, DatacomIT has established long-standing credibility within the archives and digitisation industry, preserving rare and fragile cultural heritage material including books, microfilm, microfiche, photographs, negatives, slides, maps, and large format material.
“We are delighted to offer Australian institutions an affordable and scalable way to preserve, curate and share their digital collections that document the vibrant history of the region,” said Mike Quinn, CEO, Preservica. “DatacomIT customers can now confidently go from scanning to safeguarding digital content. We welcome them to our growing global user community that is choosing this holistic approach we call Active Digital Preservation.”
Preservica’s partnership with DatacomIT is the latest in their international momentum, having recently announced new government customers in Ireland, the Netherlands, and the UK.
Preservica is transforming the way organisations around the world protect and future-proof critical long-term digital information. Available in the cloud (SaaS) or on-premise, our award-winning Active Digital Preservation software has been designed from the ground up to tackle the unique challenges of ensuring digital information remains accessible and trustworthy over decades.
It’s a proven solution that’s trusted by thousands of businesses, archives, libraries, museums and government organisations around the world, including the UK National Archives, Texas State Library and Archives, MoMA, Yale and HSBC.
Mojix, a leading inventory management and supply chain traceability enterprise SaaS platform, is pleased to announce that Chris Cassidy has joined the company as President and Chief Commercial Officer. This announcement comes as the direct result of the tremendous success Mojix has attained over the past several years, as the company has recorded significant growth and improvements in revenue, customer expansion, and product innovation. Supporting these achievements, the company has developed strategic partnerships for serialization and RFID Barcoding used by leading food & beverage, luxury brand, manufacturing, industrial, aerospace & defense, and retail clients across the globe.
Dan Doles, Mojix CEO, said, “Chris joins Mojix with more than 20 years of executive leadership in various supply chain management roles and brings deep domain expertise and a stellar track record working with leading global enterprises on digital transformation and supply chain optimization. Chris is a recognized expert in supply chain management, logistics, and enterprise supply chain SaaS solutions, across both customer operations, strategy, sales and marketing. We are excited to partner with Chris to further our long-term strategic vision and provide value to our customers as a best-in-class item-level traceability SaaS platform.”
Before joining Mojix, Chris was EVP & Chief Revenue Officer at Trax Technologies. Previously, he held various supply chain leadership positions of increasing responsibility at Gartner, UPS, and GSK. He holds a BS in Industrial Engineering from Georgia Tech and an executive programme certification in supply chain management at MIT.
Pete Leibman, Managing Director of Peak Rock Capital, added, “the Board is thrilled to have Chris join the executive leadership team at Mojix, and exemplifies our commitment to drive accelerated growth in the years to come.”
Chris stated, “I am both humbled and honored to be named President and Chief Commercial Officer of Mojix. I am excited to drive further acceleration of the company’s growth as we continue to lead the industry in customer satisfaction, global program delivery and product innovation for end-to-end visibility and traceability. The aim is to continue leveraging the maturing serialization and RFID barcoding technology solutions with the purpose of driving smarter and intelligent insights. Through collaboration and innovation with our customers and strategic partners, our advances in bringing together the physical and financial data flows will empower global enterprise manufacturers, distributors, and retailers to improve visibility and traceability for optimized financial performance of their Supply Chain networks during these most uncertain of times. Our times require both an agile and resilient supply chain to manage cost-to-serve and inventory assets.”
About Mojix
Mojix is a global leader in item-level supply chain intelligence software. The firm is leading the way in traceability solutions utilizing its high security, globally scalable cloud-native SaaS platform. Founded in 2004, the Company has deep domain expertise in serialization technologies such as RFID, NFC, and print-based marking systems. Mojix builds business intelligence from event-triggered actions tracking billions of unique identities, following item lifecycles from source to shelf. Companies can leverage the seamlessly integrated data to increase their sales and operational efficiency, reduce major risks and enhance their customer experience. With offices across the United States, Europe and South America, Mojix is now a recognized expert in end-to-end, item-level track and trace, product authentication and automated inventory management. Learn more at www.mojix.com
About Peak Rock Capital
Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock’s equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital. Peak Rock’s credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock’s real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies. For further information about Peak Rock Capital, please visit www.peakrockcapital.com.
Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces Dennis Nguyen, Founder/Chairman/CEO will present and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference, taking place on 18-19 January 2023.
SOPA will also host virtual one-on-ones with investors on Wednesday and Thursday, 18-19 January 2023. To register for the presentation or one-on-ones, visit www.sidoti.com/events.
About Sidoti & Company
For over two decades, Sidoti & Company has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America. http://www.sidoti.com/
About Society Pass Inc.
Founded in 2018 as a next generation, data-driven, loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.
Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.
SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.
Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital advertising network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a premier online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.
This press release may include “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, is pleased to announce a strategic cooperation with SIRIM Berhad, to explore the commercialisation of joint research and development (R&D) projects in the medical and biotechnology fields.
SIRIM Berhad is wholly owned by the Malaysian Government, and is focused on R&D, standardisation and quality. The organisation acts as a catalyst for industrial development through programmes involving technology and standardisation.
Under the strategic cooperation, both parties will evaluate the potential commercial value of a range of genomics-driven biotechnology R&D projects. These include developing biofuels and biopharmaceuticals, companion diagnostic tests for cancer treatment, and bioactive cosmeceuticals.
Encik Sasha Nordin, Chief Executive Officer of Malaysian Genomics, said, “SIRIM and Malaysian Genomics have complementary experiences, resources, and technology assets. Teams from both organisations have met to explore their research and develop interests in precision medicine, food security, and products for the consumer market. This strategic collaboration will pave the way for individual agreements specific to projects for which commercial opportunities have been identified.”
President and Group Chief Executive Officer of SIRIM Berhad, Dato’ Indera Dr Ahmad Sabirin Arshad said, “We look forward to working closely with Malaysian Genomics on R&D projects that can benefit the country and domestic industries. This strategic collaboration will expedite the relevant processes to ensure that both parties can explore the commercial viability of projects, before commencing research, development and commercialisation.”
The parties of this two-year strategic collaboration will also jointly source for suitable private and public institutional partners for the funding and commercialisation of these projects.
Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company’s 51%-owned sub-subsidiary, Bintai Energy Sdn Bhd (“BESB”), has been awarded a series of subcontracts by Petro Flanges & Fittings Sdn Bhd (PFF) and various customers recommended by PFF, involving the supply of high-grade carbon steel/stainless steel piping, valves and piping accessories to various oil and gas (O&G) businesses valued at RM4.0 million.
Executive Director of Bintai Kinden, En. Azri Azerai
The value of accumulated subcontracts secured through PFF in which BESB is the identified special purpose vehicle for the supply of materials to the O&G industry is now RM12.9 million. PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.
In a separate announcement, the Company is also pleased to note that BESB has received approved licenses as dealers of instrumentation cables and general cables in relation to power and control from Petronas. The licenses are effective from 11 August 2022 to 10 August 2025.
Bintai Kinden also announced that BESB is partnering Puncak Logam Sdn Bhd (PLSB), whose principal business is the trading and marketing of goods, to ensure faster delivery time of products to clients through storing its products, which includes pipe, fittings, flanges, gaskets, stud bolts and structure materials and any other goods in PLSB’s facility while enabling PLSB to source for purchasers in Malaysia for these products.
En. Azri Azerai, Executive Director of Bintai Kinden said, “The latest award of subcontracts to BESB is part of the partnerships and tie-ups we are pursuing to grow our O&G-related business. This includes seeking opportunities and partnerships with companies that share the same vision as Bintai Kinden, in Southeast Asia. We are now expanding into Indonesia through a local partner in the country. We are also delighted with the award of the licenses by Petronas enabling us to supply products and services to O&G businesses in Malaysia. This will certainly be a boost to our O&G arm.”
En. Nuraiman bin Shaiful Annuar, Director of Bintai Energy said, “The partnership with PLSB is strategic to the growth of our O&G-related business because we believe logistics will be important in the supply-chain. It will ensure that products get to clients faster and also at the same time, PLSB will help us to market the products in Malaysia.”
En. Amli Mohamed Amin, Managing Director of PLSB said, “Our partnership with BESB ensures that there are always an inventory of O&G products on-hand that can be shipped out to clients. Given the uncertainties related to the global supply chain, our facility offers a stock of ready supply while at the same time, we can help market these products through our network of clients.”
