Cantor Fitzgerald Initiates Coverage on Prenetics with “Overweight” Rating ACN Newswire

Cantor Fitzgerald Initiates Coverage on Prenetics with “Overweight” Rating

HONG KONG, Jan 26, 2023 - (ACN Newswire via SEAPRWire.com) - It is reported that Cantor Fitzgerald initiated coverage on Prenetics Global (PRE.US) with "Overweight" rating and target price at USD7.00.Cantor Fitzgerald holds a favorable view of the consumer and clinical testing markets, with Prenetics' focus on diagnostic and preventive testing coupled with personalized and primary care facilities to address a global market opportunity of over $200 billion. In addition, Cantor Fitzgerald believes its commercialization strategy in rolling out tests both via B2C and B2B in the future, depending on which avenue will result in the broadest adoption with the lowest amount of operating expenses, is unique and sound. Prenetics looks to add new tests to its platform through acquisitions and partnerships, resulting in faster time to market and a comprehensive healthcare ecosystem in a not-so-distant future.Meanwhile, with Prenetics' ecosystem coming together and being able to uniquely demonstrate profitability given its lower operating expenses and R&D expenses relative to peers, Cantor Fitzgerald thinks Prenetics' shares are also attractively valued. In the near term, Prenetics will focus on Hong Kong, Southeast Asia and the UK, where the company has strong leadership teams in place and benefits from little to no competition, most notably in Asia. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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All-New eK X EV Earns Top Rating in Vehicle Safety Performance 2022 Car Assessment by JNCAP JCN Newswire

All-New eK X EV Earns Top Rating in Vehicle Safety Performance 2022 Car Assessment by JNCAP

TOKYO, Jan 26, 2023 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that the all-new eK X EV (pronounced "eK 'cross' EV"), an all-electric kei-car(1),(2), has earned the Five Star Award, the highest rating, in the Vehicle Safety Performance 2022 car assessment by Japan New Car Assessment Program (JNCAP)(3). Mitsubishi Motors remains committed to its safety-oriented philosophy of achieving a mobility society with zero traffic accidents through continued efforts to develop and spread safety technology, and to spread knowledge about traffic safety.In order to make it easier for buyers to choose cars with better safety while also promoting the development of safe vehicles by automakers, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) and the National Agency for Automotive Safety & Victims' Aid (NASVA) perform various assessment tests each year for car safety performance mainly on high sales volume cars and publish the results. Only the cars that earn the highest evaluation (A rank) in both collision safety performance and preventive safety performance, and are equipped with an automatic accident emergency call system subsequently receive the Five Star Award, representing the highest assessment. Website of the NASVAwww.nasva.go.jp/mamoru/en/www.nasva.go.jp/mamoru/en/assessment_car/detail/249 Collision safety performanceThe eK X EV comes standard equipped with driver and passenger SRS airbags, front seat-mounted side SRS airbags, and side curtain SRS airbags, as well as driver SRS knee airbag that cushion the driver's lower body to mitigate leg injuries while improving protective efficiency by holding the body in position. The seven airbags enhances collision safety performance.Preventive safety performanceActive safety technologies are standard equipped on all vehicles, combining nine advanced driver assist features including the Forward Collision Mitigation system (FCM) that alerts the driver and applies the brakes to assist in avoiding collisions or mitigating collision damage whenever it detects vehicles, pedestrians and bicyclists ahead and determines a risk of collision, as well as Lane Departure Warning (LDW) and Lane Departure Prevention (LDP) that alert the driver if the vehicle is about to drift from its lane and support in returning the vehicle by applying the brakes in a short period of time, and Emergency Assist for Pedal Misapplication (EAPM) that alerts the driver and applies the brakes to assist in avoiding collisions or mitigating collision damage whenever it detects obstacles ahead such as vehicles, pedestrians and walls, and the driver applies the wrong pedal.Automatic accident emergency call systemThe eK X EV is equipped with emergency call system (with automatic emergency notification feature when airbags deploy)(4) to connect with HELPNET operation center at the press of a button during a medical emergency or when seemingly in danger. Additionally, if an accident does occur, it automatically connects to a call center in conjunction with the deployment of the airbags and is also compatible with the D-Call Net system that makes early-stage decisions on mobilizing rescue services such as Doctor Helicopters, or air ambulance. Special website for eK X EV (in Japanese only):https://www.mitsubishi-motors.co.jp/lineup/ek_x_ev/special/Product website for eK X EV (in Japanese only):https://www.mitsubishi-motors.co.jp/lineup/ek_x_ev/index.html The eK X EV is a new EV model in the eK X series(5), Mitsubishi Motors' kei-car series with an SUV flavor and a driving range of 180 kilometers (km, in WLTC mode)(6),(7) on a single charge that is sufficient for everyday use. It also combines spacious and pleasant cabin space and user-friendliness with the smooth, powerful driving experience of EVs, a quiet and comfortable ride, as well as advanced driver assistance systems and connectivity. (1) Kei-car is a vehicle category in Japan for microcars.(2) The eK X EV is a model designed under planning and development management by NMKV Co., Ltd., a joint venture of Nissan and Mitsubishi Motors. The results of the Nissan Sakura were used in this evaluation, while some of the evaluations were conducted using the eK X EV. The Nissan Sakura also received the Five Star Award.(3) JNCAP is a joint project by the MLIT and NASVA.(4) Installation of the smartphone application My MITSUBISHI CONNECT and user registration are required to use the service. Emergency call system is an emergency calling service (HELPNET) provided by Japan Mayday Service Co., Ltd. D-Call Net is a registered trademark of Emergency Medical Network of Helicopter and Hospital (HEM-Net), a certified non-profit organization. Doctor Helicopters might not be able to mobilize depending on circumstances such as location, time of day, or weather.(5) Lineup includes eK X, a height-wagon kei-car, and eK X space, a super height-wagon kei-car.(6) In Japan, approximately 80 percent of users of kei-cars and compact cars drive 50 km or less per day (Mitsubishi Motors' survey). Accordingly, it is estimated that most users can drive for two days without recharging.(7) WLTC, or Worldwide harmonized Light duty Test Cycle, is an internationally recognized test cycle that is composed of urban, suburban, and highway driving modes with average usage ratios. About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211), a member of the Alliance with Renault and Nissan, is a global automobile company based in Tokyo, Japan, which has about 30,000 employees and a global footprint with production facilities in Japan, Thailand, Indonesia, mainland China, the Philippines, Viet Nam and Russia. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification -- launched the i-MiEV - the world's first mass-produced electric vehicle in 2009, followed by the Outlander PHEV - the world's first plug-in hybrid electric SUV in 2013. The company announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross (PHEV model), the all-new Outlander and the all-new Triton/L200.For more information on Mitsubishi Motors, please visit the company's website at www.mitsubishi-motors.com/en/ Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Decentralized Art Financial Platform ‘Art de Finance’, Partners with Incheon Airport Art Hub Consortium ‘ARSHEXA’

Zug, Switzerland, January 25, 2023 - (SEAPRWire) - Art de Finance, a decentralized art financial platform, announces its partnership with the ARSHEXA Corporation Limited which has the Incheon airport art storage project underway on Dec 27. With its headquarters in Zug, Switzerland, Art de Finance is a platform that transforms physical art into NFT and evaluates art NFT through its decentralized mechanism. The company has announced it will be providing services such as trading and linking with decentralized financial service (DeFi) through its platform via priced physical art NFT. Through this partnership and with the completion of the art hub storage project in 2026, Art de Finance's art pieces will be stored in the Incheon airport's storage space in the near future. Art storage space maintains consistent temperature and humidity perfect for preserving high-value artwork and protects artwork from any physical threat. ARSHEXA Corporation Limited's Incheon airport art storage project is valued at 400 Million USD and the amount of investment and the size of the storage have been known to be the largest of its kind. Major international airports around the world are striving to establish culture and art-related services and facilities and are strategizing to secure growth opportunities in art businesses. Incheon International Airport is also planning to establish itself as a culture and art-focused airport with its introduction of art storage facilities. Currently, art storage facilities only exist in four major cities in the world: Singapore Changi Airport's 30,000㎡ Le Freeport, Luxemburg Findel Airport's 22,000㎡ High-Security Hub, and Switzerland's Geneva Airport's 10,000㎡ Ports Francs. The art storage facility that ARSHEXA is building is the largest in the world with a total surface area of 83,228㎡ spanning the first lower level and the fourth upper level. With its cost estimated at 379.5 billion won, the facility will take place on the west side of the Incheon International Airport spanning 43,669㎡ , and will be finished by 2026. Experts predict with the completion of the art storage facility in the Incheon International Airport, the majority of the artwork based in Hong Kong will turn to Incheon via Hexit (Hongkong+Exit). Hong Kong is Asia's largest art market and with its entire city designated as a free trading port, art customs clearance enjoys relatively lax regulations. Art trading corporations such as Sotheby's and Christie's with large influence over Hong Kong's art market have their own storage facilities in various parts of Hong Kong to maintain their assets. However, an industry representative spoke that in recent years, China's influence over Hong Kong has become increasingly overt and this has led to uncertainty surrounding the anonymity and security of high-value art storage. Predictions have been made that Incheon will become the international art hub as Japan possesses the risk of earthquakes and this is considered more perilous than South Korea's proximity to North Korea. "This partnership is crucial to Art de Finance's physical art storage and security," said an Art de Finance spokesperson. "There has been an endless controversy surrounding digital NFT and their physical form and their price volatility have also been an issue in the past. We plan to provide a curating system so physical art can be transformed into NFT at an appropriate price point to provide a solution to NFT price volatility and contribute to the NFT market's growth along with an art market." Art de Finance provided technical support for Busan City's official marketplace operation throughout the Busan Blockchain Week Event last September. Through this partnership, Art de Finance announced it will aid ARSHEXA Corporation Limited's blockchain-related services with its technological capabilities. Social Links: Telegram: https://t.me/artdefinancechat Twitter: https://twitter.com/ArtdeFinance Medium: https://medium.com/@Art_de_Finance Discord: https://discord.com/invite/artdefinance Instagram: https://www.instagram.com/Art_de_Finance/ Media Contact: Brand: Art de Finance Contact: Henry kim Website: https://www.artdefinance.io/ SOURCE: Art de Finance The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Calling all tech enthusiasts and startup visionaries! ACN Newswire

Calling all tech enthusiasts and startup visionaries!

DUBAI, Jan 24, 2023 - (ACN Newswire via SEAPRWire.com) - The highly-anticipated Step Conference 2023, the leading tech festival in emerging markets, is returning to Dubai Internet City for its 11th edition on February 22-23, 2023. And trust us, this year's event is going to be like nothing you've ever experienced before! We're talking retro-futurism, DTC Hub, 1-on-1 investor meetings, Pitch Competition, major tech innovations, workshops, keynotes, panels, debates, live entertainment, food trucks, and so much more! Step 2023 is the ultimate destination for tech enthusiasts and entrepreneurs alike. With Dubai's reputation as one of the most innovative cities in the world, it is no surprise that the event will be packed with the latest tech features and advancements. The conference promises to bring together the brightest minds in the industry, with talks, workshops, meet-ups, networking sessions, exhibition areas, and brand activations that unite tech minds from all around the world. This is your chance to rub elbows with top entrepreneurs, make meaningful connections, and gain valuable insights from industry leaders. It's a unique opportunity to network and gain lasting connections with top people in the tech industry, which is an essential aspect of any entrepreneur's journey.Over two days, Step will be exploring the latest trends across 6 Content Tracks:Learn from global influencers in the tech and startup scene with the Start Track, covering success stories, growth, entrepreneurship ecosystem, fundraising, investment, and more.Dive into the latest financial technology trends with the Fintech Track, featuring discussions on blockchain, digital currencies, and cashless payments.Explore the future of transport, smart cities, and AI with the Future Track, featuring industry leaders in transport and autonomous tech.Get the latest global trends in digital marketing, brands, advertising tech, programmatic ads, and more with the Digital Track.Discover the latest tech and lifestyle trends that enhance well-being with the Wellness Track.Join the Earth Track, the newest addition, exploring Greentech, sustainability, impact and the environment.Step 2023 is bringing the heat with its lineup of industry leaders and innovators in the world of Crypto, Web3, Artificial Intelligence, and other cutting-edge technologies. This year's roster of speakers includes Founders and Executives of companies like Morning Brew, Pattern, Velocity Global, and Hotjar. Stay tuned to the speakers' page for more exciting announcements.Step is currently in the Regular Phase of their tickets, but they are giving our readers a special discount! Using this code (DSC-OYZL), you can buy tickets for an Early Bird ticket price here! If you’re a startup founder, you can apply here to showcase.Learn more here and follow Step Conference on Twitter, LinkedIn, Instagram, Facebook, and Youtube to stay in the loop. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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KDDI starts commercial deployment of 5G Open vRAN sites in Japan in collaboration with Samsung Electronics and Fujitsu Limited JCN Newswire

KDDI starts commercial deployment of 5G Open vRAN sites in Japan in collaboration with Samsung Electronics and Fujitsu Limited

TOKYO, Jan 24, 2023 - (JCN Newswire via SEAPRWire.com) - KDDI CORPORATION announced that, in cooperation with Samsung Electronics Co., Ltd. and Fujitsu Limited, it initiated the commercial deployment of O-RAN(1) compliant 5G Open Virtual Radio Access Network (hereinafter Open vRAN) sites in Osaka City, Osaka Prefecture, Japan, on January 19, 2023.The expansion of 5G services promises a variety of exciting new applications that offer the possibility of a more connected world, realized through unprecedented speeds achieved with leading edge communication technologies. The sudden increase of different network-connected devices is also expected to lead to a rapid increase in communication volume, however, creating strain for communications networks. Building advanced systems that can handle this increase in traffic, as well as achieving faster deployment and lower costs for network technologies represent an urgent priority for vendors working to build 5G network infrastructure. To meet these growing demands, KDDI has been developing O-RAN compliant 5G Open vRAN sites using Samsung's virtualized solutions. By offering an open, wireless system, KDDI aims to contribute to the expansion of equipment procurement options and the construction of high-performance, cost-effective infrastructure.For the new sites, KDDI updated the software of an O-RAN compliant 5G Open vRAN site(2) KDDI successfully turned on in February 2022. Samsung's 5G virtualized CU (vCU) and virtualized DU (vDU) and Fujitsu's radio units (MMU: Massive MIMO Units) are interconnected with an open interface. Wireless controllers are equipped with fully-virtualized RAN software on general-purpose servers to realize network functions, while wireless devices are both compact and lightweight and consume less power by utilizing high-efficiency, wide-band power amplification technology. Core functions are implemented as software to enable flexible and efficient management of network resources. KDDI further updated the software of the new sites to support the 5G NSA solution connected to existing 4G sites and functions that were realized in conventional sites using dedicated equipment including Multi-User MIMO (MU-MIMO)(3). As a result, customers with existing 5G NSA smartphones will be able to enjoy the same comfortable communication as before. Moreover, this is the world's first commercial MU-MIMO implementation with O-RAN compliant multivendor interoperability(4).In addition, KDDI constructed a Zero Touch Provisioning system to automate configuration tasks when the base stations start operating. The system automates the setup of servers and virtualized platforms from different vendors and contributes to rapid base station deployment nationwide, including in rural areas. Based on the knowledge gained from its operation in Osaka City, the parties aim to expand the scope of application of this system in 2024 to realize full-scale deployment of Open vRAN sites to provide customers with an even faster and more comfortable communication environment.Moving forward, KDDI, Samsung and Fujitsu will continue to develop solutions for Open vRAN in Japan and promote nationwide deployment of 5G SA(5) services for KDDI to provide customers with new experiences and contribute to business development.(1) O-RAN ALLIANCE designated specifications for RAN interfaces that support interoperation between various vendors' equipment(2) "KDDI Successfully Turns on the World's First 5G Standalone Open RAN Site Powered by vRAN in Japan - Using Open RAN architecture powered by vRAN, KDDI accelerates the delivery of enhanced mobile services to its customers" (press release, February 18, 2022)(3) A technology in which a radio site estimates the propagation path state with high accuracy and simultaneously communicates with a plurality of terminals using beamforming technology.(4) Based on Samsung's market research as of Jan. 24, 2023.(5) A system that combines 5G sites with core network equipment developed exclusively for 5G.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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NBB and JCB Enable the Acceptance of JCB Cards Through its POS & E-Commerce Merchants in The Kingdom of Bahrain JCN Newswire

NBB and JCB Enable the Acceptance of JCB Cards Through its POS & E-Commerce Merchants in The Kingdom of Bahrain

MANAMA & TOKYO, Jan 23, 2023 - (JCN Newswire via SEAPRWire.com) - The National Bank of Bahrain (NBB) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, have signed an agreement to enable JCB payment acceptance at the bank's POS and e-commerce merchants in the Kingdom of Bahrain. The signing ceremony was recently held at NBB Headquarters in the presence of NBB and JCB representatives.The partnership with JCB, will provide cardholders from mainly Asian markets with greater convenience, allowing them to enjoy the usage of their JCB Cards at all NBB merchant outlets across the Kingdom. This falls in line with NBB's promise of remaining 'Closer to You', and follows its commitment to improve accessibility and provide existing and new customers with easy access to its services.Commenting on the partnership, Hisham AlKurdi, Group Chief Executive - Corporate & Institutional Investment Banking at NBB, said: "We are pleased to partner with JCB to provide JCB's cardholders with the convenience of using their JCB Cards through NBB's banking channels. This partnership is a step forward to increase JCB Card acceptance in the Kingdom through NBB POS and Payment Gateway channels as well as strengthening cross-country relations, improving accessibility and enhancing branch capability to better reach all citizens and residents for a more enhanced service."On his end, Mr. Yoshiki Kaneko, President and COO of JCB International Co., Ltd., said: "The Kingdom of Bahrain is very important for our cardholders as a travel destination, as well as for JCB as there is a local cardmember base in the region. We are delighted that we have entered into this partnership with the National Bank of Bahrain, one of the largest banks and most prominent locally owned institutions in the region, for the acceptance of JCB Cards. This partnership will enhance our offering for convenience of cardholders in the Kingdom and cater for both the business and touristic needs of our cardholders worldwide."This partnership falls in line with NBB's commitment to simplifying the customer journey through personalisation and convenience, making clients' daily lives easier, and fortifying relations with global institutions across the world.JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan with more than 150 million cardholders. Its acceptance network includes about 41 million merchants around the world. JCB is the only international payment brand based in Japan, offering high quality payment solution and technologies that are trusted worldwide.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 41 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 150 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ JCB ContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Ogier claims ninth Monte win in TOYOTA GAZOO Racing one-two JCN Newswire

Ogier claims ninth Monte win in TOYOTA GAZOO Racing one-two

TOKYO, Jan 23, 2023 - (JCN Newswire via SEAPRWire.com) - TOYOTA GAZOO Racing World Rally Team has started the 2023 FIA World Rally Championship with a one-two finish on Rallye Monte-Carlo as Sebastien Ogier claimed a record ninth victory on the legendary event ahead of team-mate Kalle Rovanpera.Car 17 (Sebastien Ogier, Vincent Landais)Mostly dry weather made this year's rally more a test of outright performance than usual, and Ogier set the pace from the start with five straight stage wins as he opened up a lead of half a minute by Friday lunchtime.The GR YARIS Rally1 HYBRID was fastest in the first 11 stages of the season, its streak only ended on Saturday afternoon - by which point Ogier was focused on managing his lead. He carried an advantage of 16 seconds over Rovanpera into the final day, when he proceeded to claim his eighth and ninth stage wins of the weekend and finished up with a winning margin of 18.8s.Ogier's 56th WRC win is also the first for his co-driver Vincent Landais, in only the second event since he began working with the up-and-coming French navigator at the end of last season. It is also Toyota's fifth Monte win with a fifth different model of car: the GR YARIS Rally1 HYBRID winning all but two of the 18 stages across the weekend.With Ogier once more only contesting selected events this season, second place plus victory in the rally-ending Power Stage represents an ideal start to Rovanpera and co-driver Jonne Halttunen's defence of their first championship titles. Rovanpera grew in confidence and speed during the rally, taking six stage wins in total on his way to a first Rallye Monte-Carlo podium.Elfyn Evans displayed similarly strong pace to his team-mates throughout the weekend and was second to Ogier before losing around 40s with a damaged tyre in SS5 on Friday morning. He and co-driver Scott Martin fought back to finish fourth, 27.8s from the podium despite a brief spin on Sunday morning. He was also third in the Power Stage to claim three additional bonus points.The strong start to the season for TGR was completed by Takamoto Katsuta in his WRC Challenge Program-supported entry. He produced his strongest Rallye Monte-Carlo performance to-date alongside co-driver Aaron Johnston, frequently joining his team-mates in the top-four on stage times and finishing sixth overall.For more information, visit https://toyotagazooracing.com/wrc/release/2023/rd01-day4/. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Apps like Tinder are changing from dating tools to party places as more people enjoy the single life ACN Newswire

Apps like Tinder are changing from dating tools to party places as more people enjoy the single life

HONG KONG, Jan 22, 2023 - (ACN Newswire via SEAPRWire.com) - "Being consciously single" is not a new term. Over the past few years, especially during the pandemic, it has become a trend to enjoy staying single.According to a study by Bumble, a dating app where women are dominant, 53% of respondents said that it is "actually OK" to be partnerless. Instead of searching in dating apps aimlessly, people are more inclined to live with elegance and confidence before meeting the right person. Another survey also shows that 83% of women are content to wait until finding their Mr. Right. In other words, people are more cautious about dating and building a relationship.Despite this, humans' desire for social connection will never wane for we are social animals, and consequently, this creates a breakthrough point from which social networking apps can adapt to users' shifting demands.Dating apps like Tinder are actively incorporating interactive and immersive features to attract users to congregate. Beyond such conventional products, fashionable social apps launched by companies such as Newborn Town and Hyperconnect, offering various audio- and video-based features for online-party and friend-making, have become companions in users' leisure time. Meanwhile, IMVU and similar social apps, derived from the concept of metaverse, allow users to interact in virtual scenarios with a virtual avatar and to join real parties without leaving home.It can be said that social apps are evolving from a dating tool for two to a gathering place for all.1. Tinder starts to "Explore"In September 2021, Tinder launched "Explore" to diversify social networking experiences. Explore has been providing multiple interactive modes and features at the very beginning, including Hot Takes, Vibes and Swipe Night. Aside from many subsequent innovative explorations, it has recently introduced a Festival Mode. With these new features, Tinder becomes more of an entertaining and companionable app than a simple tool in which users can swipe left or right. Users can also filter out more accurate interest tags by these activities and thus meet like-minded intimates.A few days ago, Tinder released a user trend report for 2022 on its website, subtitled Dating Games are Dead in 2022 said Young Singles. As stated in the report, Tinder saw a 49% increase in members adding the phrase "situationship" to their bios in 2022. In other words, rather than being a tool for looking for a partner, Tinder offers a variety of social networking activities for young people to identify compatible relationships that can progress naturally without being defined purposively.Match Group, the parent firm of Tinder, revealed in June 2021 that it had acquired Hyperconnect successfully, a leading social discovery and video technology company from Korea. According to Match Group, they are going to develop their products with Hyperconnect's expertise in the video industry. It is conceivable that social apps like Tinder will update more video functions to broaden interactive experiences for members.2. New genes of emerging social appsUnlike traditional dating apps that cater to new trends by function adjustments, social products emerged recently no longer focus on date matching, but appear in front of global users with genes of partying and companionship.MICO, a live-streaming video social app, has gained popularity in MENA, Southeast Asia, Japan, South Korea and North America over the past year or so. This app has a ton of features, including the ability for users to do or watch live streaming, make video calls or text chats with their friends or anybody they are into, and even play mini-games while chatting.Similar to TikTok, content creators in MICO attract fans with their talent and charm, then, as a result of sharing interests, a social network centred on the creator is established. According to MICO, its users are incredibly loyal, social networks in the app can accompany users for a very long time, and meeting and having fun with friends through MICO has become a daily ritual for many.Behind MICO is Newborn Town, a global company with audio and video social networking as its core business. Aside from MICO, there is a voice-based social product by Newborn Town called YoHo, as well. YoHo, in contrast to MICO, concentrates on the MENA market and is also experiencing strong growth in Southeast Asia. That is mainly because in these regions where religious norms and culture are more conservative, voice socialization is more user-adaptable than video socialization that necessitates revealing one's face.There are many voice rooms with different themes in YoHo, so users can chat with strangers in whichever room they like or set up a room with their friends. These voice rooms, accommodating as many as hundreds of speakers or as few as two or three, have developed into hubs for users to socialize, make friends and share information.3. A virtual social paradise in metaverseOver the past year or so, the metaverse concept has taken over the world. Even Facebook, a well-known social media company, has become Meta. Socialization is an indispensable element of metaverse. Then, as metaverse is getting well-known, an increasing number of social apps with metaverse are showing up in app stores, making socialization more imaginative.In a social app called IMVU, more than one million people visit it and spend an average of 55 minutes per day. These users customize their avatars, share experiences, shop, hang out at cool parties, and even earn real money creating virtual products on IMVU. Currently, IMVU provides more than 60 million virtual props, from clothing to different accessories, with which users can personalize their virtual avatar to fully express their individual style. In addition, users can also tailor their chat rooms, host, or join parties in various virtual scenarios, and interact with others with exclusive dynamic.IMVU stated in late 2022 that it would unveil Limited Edition NFTs. NFTs will more incentivize creators of virtual goods and complete IMVU's metaverse. After looking into IMVU and other equivalent products, we may already get a glimpse of the future of social networking and even the ultimate form of the internet. These apps are no longer just a place for users seeking a romantic relationship, instead, they have evolved into a platform for one to infinitely connect with others without space-time constrains, and to engage in actual social interactions in a virtual world.Socialization, as a rigid demand of humans, has never changed, but social scenes and forms are continually evolving to meet users' requirements. Today, online dating services, which have been available for almost 30 years, are being different as a result of the fact that young people are no longer addicted to fast-food dating and relationships.Nowadays, these services place a greater emphasis on giving users the chance to showcase their special traits and meet close friends, realizing immersive online social experiences, forming permanent spiritual companionship, and building a kind of paradise for various virtual parties.For further information, please contact: PEANUT MEDIA LIMITED Direct Line: +86-755-61619798 x8210 Email: hswh.project@czgmcn.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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TVS Motor Company’s Chairman Sir Ralf Speth conferred with University of Warwick’s Honorary Doctorate ACN Newswire

TVS Motor Company’s Chairman Sir Ralf Speth conferred with University of Warwick’s Honorary Doctorate

Singapore, Jan 21, 2023 - (ACN Newswire via SEAPRWire.com) - Sir Ralf Speth, Chairman of TVS Motor Company, has been conferred with an Honorary Doctorate in the field of Science (Doctor of Science, honoris causa) from the University of Warwick, United Kingdom. The honorary degree was conferred by the University of Warwick Chancellor Baroness Catherine Ashton of Upholland. TVS Motor Company's Chairman Sir Ralf Speth conferred with University of Warwick's Honorary Doctorate.Sir Ralf is accompanied by the University of Warwick Chancellor Baroness Catherine Ashton of Upholland who conferred the degree.Sir Ralf is a Fellow of the Royal Academy of Engineering, and a Fellow of the Royal Society. An honorary professor at Warwick Manufacturing Group (WMG), he has been closely associated with WMG ever since obtaining his engineering doctorate in 2008, under the pioneering leadership of former WMG Chairman, Lord Bhattacharyya. An outstanding engineer with a vast experience in the global automotive industry, Sir Ralf has held leadership roles with some of the renowned automotive and industrial giants such as Jaguar Land Rover, BMW, Ford, Tata Motors, and The Linde Group. He was appointed Honorary Knight Commander of the British Empire and an Additional Knight Commander of the Most Excellent Order of the British Empire.Commenting on the honour, Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said, "My heartiest congratulations to Ralf for this well-deserved recognition. Over his distinguished career in automotive and industrials of more than four decades, he has built world class products and brands. He has been relentlessly working towards transforming the industry with his passion for technology and strive for excellence. This honour is a testament to his leadership, vision, and dedication to the industry, and we are privileged to have him lead TVS Motor Company in its transformational journey."Sudarshan Venu, MD, TVS Motor Company, said, "Sir Ralf's exemplary leadership skills, tremendous vision for the industry, and discerning approach towards technology make him unique. His energy and passion is inspiring. We are proud to have him amongst us. We wish him many more accolades recognising his immense contributions to the industry."Sir Ralf has a degree in engineering from the University of Applied Sciences Rosenheim, Germany, and a doctorate of engineering in Mechanical Engineering and Business Administration at the University of Warwick.About TVS Motor CompanyTVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Sustainable Mobility with four state-of-the-art manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. Rooted in our 100-year legacy of Trust, Value, and Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. We are the only two-wheeler company to have received the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for consecutive four years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.For more information, please visit www.tvsmotor.com. For more information, please contact:Priyanka Kumar Priyanka.kumar@tvsmotor.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Lion One Secures US$37 Million Financing Facility from Nebari ACN Newswire

Lion One Secures US$37 Million Financing Facility from Nebari

North Vancouver, BC, Jan 20, 2023 - (ACN Newswire via SEAPRWire.com) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has entered into a facility agreement with Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP (each as Lender and collectively, "Nebari"), with Nebari Collateral Agent, LLC as collateral agent and certain Lion One subsidiaries as guarantors, for a Financing Facility of up to US$37M (the "Financing Facility"). Proceeds from the Financing Facility will accelerate project construction and development at the Company's 100% owned and fully permitted high-grade Tuvatu Alkaline Gold Project in Fiji. Lion One expects first production to be achieved by December 2023.Financing Facility (All figures in USD): The Financing Facility consists of a US$35 million senior secured first lien term loan (the "Loan Facility") and a US$2 million (CAD$2.7 million) equity investment ("the Equity Investment") in common shares of Lion One.Loan Facility: The total amount of the Loan Facility will be funded in up to three tranches, with US$23M to be funded at Closing (Tranche 1), and an additional US$12M available at Lion One's option in up to two further tranches (Tranches 2 and 3) within 18 months of closing. Interest on Tranche 1 is 8% (plus three-month SOFR), and amortization is on the Maturity Date 42 months from the Closing Date, with no closing fees payable. Tranches 2 and 3 funding is subsequent to an 8% original issue discount and interest is 10% plus SOFR, with progressive amortization over 42 months from the Tranche 2 funding date, with closing fees equal to 2% of the amounts funded.Warrants: On the Closing Date, the Lender will be issued 15,333,087 non-transferable purchase warrants in the Company (the "Warrants"), with each Warrant exercisable into common shares of Lion One at a price of CAD$1.49 for a period of 48 months from issuance. The warrants will be subject to an accelerator provision whereby the Borrower may accelerate the expiry date of up to 25% of the initial warrants in the event that the volume weighted average trading price of the common shares of the Company exceeds 100% over the strike price for a period of twenty consecutive days. Lion One has the option to accelerate the expiry of further 25% portions of the warrants at four-month intervals, up to a maximum of 75% of the warrants issued.Royalty Payment: Following the first month in which the Tuvatu Project produces at least 2,000 ounces of gold, the Company shall pay to the Lender a royalty equal to 0.5% of the Net Smelter Returns on the first 400,000 ounces (equivalent to 2,000 ounces) of gold produced and sold from the Tuvatu Project.Equity Investment: Concurrently with the Loan Facility, Nebari has entered into a subscription agreement to purchase 3,125,348 common shares of Lion One at a price of CAD$0.86 per share, representing an aggregate equity investment of US$2M (CAD$2.7M).The Company's right to drawdown Tranche 1 of the Loan Facility is subject to satisfaction of customary conditions precedent, including approval of the TSX Venture Exchange ("TSX-V"), though these conditions precedent are expected to be satisfied in short order. Issuance of the Warrants and completion of the placement is also subject to TSX-V approval.Lion One Chairman and CEO Walter Berukoff commented, "We are extremely pleased to have secured Nebari as a financial partner and major shareholder in the development and future success of Tuvatu. They are a vastly experienced group, are aligned with our key values and stakeholders, and have delivered a creative solution to bring the Tuvatu project to completion and enhance shareholder value tremendously."Andre Krol, Managing Partner with Nebari, commented: "We are extremely excited to partner with Lion One as a shareholder and lender as they complete construction of the Tuvatu Gold Project. The experience, professionalism and community engagement of their Fijian team was impressive and we look forward to first gold production later this year and further exploration success."About TuvatuThe Tuvatu Alkaline Gold Project is located on the island of Viti Levu in Fiji. The January 2018 mineral resource for Tuvatu as disclosed in the technical report "Technical Report and Preliminary Economic Assessment for the Tuvatu Gold Project, Republic of Fiji", dated September 25, 2020, and prepared by Mining Associates Pty Ltd of Brisbane Qld, comprises 1,007,000 tonnes indicated at 8.50 g/t Au (274,600 oz. Au) and 1,325,000 tonnes inferred at 9.0 g/t Au (384,000 oz. Au) at a cut-off grade of 3.0 g/t Au. The technical report is available on the Lion One website at www.liononemetals.com and on the SEDAR website at www.sedar.com.About NebariNebari is a US-based investment manager specializing in privately offered pooled investment vehicles including Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP which are funding the Financing Facility to Lion One. The Nebari leadership team has deep experience with leading global mining companies and financial institutions and is known for partnering with motivated and capable management teams focused on achieving clear plan targets.About Lion One Metals LimitedLion One's flagship asset is 100% owned, fully permitted high grade Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji. Lion One envisions a low-cost high-grade underground gold mining operation at Tuvatu coupled with exciting exploration upside inside its tenements covering the entire Navilawa Caldera, an underexplored yet highly prospective 7km diameter alkaline gold system. Lion One's CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries. As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders.On behalf of the Board of Directors of Lion OneMetals Limited"Walter Berukoff", Chairman and CEOContact Investor RelationsToll Free (North America) Tel: 1-855-805-1250Email: info@liononemetals.comWebsite: www.liononemetals.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Survey reveals that 60% of respondents from Hong Kong want to play video games with others during Lunar New Year ACN Newswire

Survey reveals that 60% of respondents from Hong Kong want to play video games with others during Lunar New Year

HONG KONG, Jan 19, 2023 - (ACN Newswire via SEAPRWire.com) - Video games are becoming more and more prevalent in daily life and in popular entertainment. As the Lunar New Year is approaching, Xbox commissioned YouGov to conduct a representative survey of the age 13+ online population with 611 samples to better understand consumer attitudes toward video games, as well as consumer preferences for behavior over the Lunar New Year period.Overall, more Hong Kong people are choosing video games as their first choice for daily entertainment, with Generation Z and Millennials being the most likely to do so. More than three quarters of respondents play video games as an entertainment activity, and more than half of them play video games at least once a week, with one-quarter playing once a day or more frequently. The survey also revealed that Hong Kong video game players prefer games that are simple to play, are multiplayer, are entertaining, and are also interactive. The top five game genres according to the survey are Racing, Platformer, Lifestyle Simulation, Management Simulation and Match Three. Among them, Baby Boomers prefer Match Three, Millennials prefer Management Simulations, and Gen Z gamers prefer Lifestyle Simulation games.The survey found that 66% of gamers prefer to play video games with others over the Lunar New Year break. Middle-aged and older generations are more concerned with how video games can foster intergenerational ties and family reunions, while younger generations think that video games are the main catalyst for social interaction. According to the data, a majority of Millennials believe that playing video games with members of different generations of their family is a great way to build relationships; 75% of Millennials believe that playing video games brings people together more than other activities, and 61% of Gen Z agree. During the Lunar New Year holiday season, 70% of respondents said they preferred playing video games to watching TV with their families because they are more interactive and engaging.While there are differences in genre preferences across age groups, video games are generally acknowledged to play a role in fostering social interaction between friends and family members. Xbox recommends below video games which can enhance interactions during Lunar New Year gatherings, including racing game "Forza Horizon 5" & "Dirt 5", family multiplayers game "Taiko no Tatsujin: The Drum Master", management simulation game "Two Point Campus" and match three game "Bejeweled 3". Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Aneka Jaringan Posts Revenue of RM53 Million in 1Q FY2023 ACN Newswire

Aneka Jaringan Posts Revenue of RM53 Million in 1Q FY2023

KUALA LUMPUR, Jan 19, 2023 - (ACN Newswire via SEAPRWire.com) - Aneka Jaringan Holdings Berhad (Bursa: ANEKA, 0226), a basement and foundation construction specialist, today announced that the Group recorded a 26.92% gain in revenue to RM52.85 million for the first quarter ended 30 November 2022 (1Q FYE2023) compared with RM41.64 million in the corresponding quarter of the previous financial year (1Q FYE2022).Managing Director of Aneka Jaringan, Pang Tse FuiIn the quarter under review, the Group registered a narrower loss after tax (LAT) of RM4.62 million compared with LAT of RM5.41 million in 1Q FYE2022. Gross loss decreased to RM0.95 million in 1Q FYE2023 compared with gross loss of RM2.88 million in 1Q FYE2022 on a decline in material costs.Managing Director of Aneka Jaringan, Pang Tse Fui said, "The Group continues to assess and monitor risks while selectively tendering for projects. We have secured RM52 million in contracts in FYE2023 and we are also increasing capacity in Indonesia to leverage on the country's growing infrastructure needs while monitoring developments on the new Indonesian capital of Nusantara in which we believe would present us a lot of opportunities.""Although we have seen material prices stabilized, it remains a concern along with energy and labour costs. China's relaxation of its zero-COVID policy and the reopening of its economy may mean volatile material prices as demand grows. To lower labour costs, the Group will be replacing its outsourced workers with newly recruited foreign workers as we have been granted a government quota of 150 workers."Aneka Jaringan has an order book of RM145.73 million as of 31 October 2022, with Malaysian operations contributing RM138.97 million and Indonesian operations contributing RM6.76 million.As of 31 October 2022, the Group's tender book stood at RM969.45 million, with tenders in Malaysia valued at RM873.85 million and tenders in Indonesia valued at RM95.60 million.Aneka Jaringan Holdings Berhad: 226 [BURSA: ANEKA], http://www.anekajaringan.com/ Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Fujitsu and Teijin start joint trials with V Frames and Advanced Bikes to enhance environmental value of recycled carbon fiber used in the manufacturing process of bicycle frames JCN Newswire

Fujitsu and Teijin start joint trials with V Frames and Advanced Bikes to enhance environmental value of recycled carbon fiber used in the manufacturing process of bicycle frames

TOKYO, Jan 19, 2023 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited and Teijin Limited (hereinafter Teijin) today announced the launch of a joint project running from January to March 2023 to enhance the environmental value of recycled resources in the production of bicycle frames together with V Frames GmbH (hereinafter V Frames) (1), a German manufacturer and distributor of carbon fiber reinforced plastic bicycle frames, and E Bike Advanced Technologies GmbH (hereinafter Advanced Bikes) (2), a German manufacturer of bicycles.Figure: Future vision of the projectAs part the trials, Teijin and Fujitsu will leverage a blockchain-based commercial platform launched in July 2022 to promote the sustainable use of recycled materials, tracing and management of greenhouse gas (GHG) emissions within the environmentally-conscious bicycle industry.By implementing a business model that maximizes the environmental value from recycled materials, Teijin and Fujitsu aim to contribute to the further development of the carbon fiber recycling market and the realization of a circular economy. Following the successful conclusion of the joint trials, Teijin and Fujitsu will promote the implementation of the new platform, with the aim of commercialization in fiscal 2023.BackgroundIn Europe, many bicycle manufacturers use frames manufactured in Asia, and many of these frames are also ultimately disposed of in landfills in Asia. Energy consumption during long-distance transportation of resources including materials and used frames across the supply chain represents one major reason why resources are often not recycled and disposed of in a sustainable manner. In order to contribute to the reduction of GHG emissions from its business operations, V Frames utilizes local resources in Germany and recycles used frames in its bicycle production.Within this joint project, Teijin and Fujitsu will conduct trials together with V Frames and Advanced Bikes to visualize the results of V Frames' efforts to reduce GHG emissions in its production process, with the aim to foster a shared awareness towards the environmental value of recycled materials within the environmentally-conscious bicycle industry and industries handling carbon fibers.Outline of the joint trials1. Purpose of the trialsTrack and manage information on the environmental impact of materials used in bicycle frame production, evaluate the feasibility of the data collection process and evaluate the value of the visualized tracked data to enhance the environmental value of recycled resources in the production of bicycle frames2. Roles and responsibilitiesTeijin:- Support of environmental assessment across the different processes and engagement of stakeholders toward the creation of an ecosystemFujitsu:- Implementation of blockchain platform based on the Fujitsu Track and Trust digital ledger technology and development of tool for visualization and provision of tracked dataV Frames and Advanced Bikes:- Upload of environmental impact information for different operational processes within the company to the platform; review of data collection and visualization process3. PeriodJanuary 2023 - March 2023 (planned)4. Future vision and goals- Creation of "digital twins" to manage resources: information about resources (including their location, condition, environmental impact, etc.) used/generated in the business operations from the recycling to sales process of bicycle frames will be uploaded and provided on the platform to create digital replications (digital twins) of physical resources and manage information on their condition; using blockchain technology, the platform will also offer past data on the condition of resources; - Disclosure and utilization of data: data from the platform can be used to share information on resources (origin of resources etc.) with bicycle users or utilized by various stakeholders in their carbon management; data on the platform can further be used as proof for the successful realization of a resource cycle and utilized for future ESG investment evaluations or as creditsFuture PlansFollowing the joint trials, Teijin and Fujitsu will promote the implementation of the new platform, with the aim of commercialization in fiscal 2023. Moving forward, the two parties will further promote discussions and field trials with partner companies and organizations that support this initiative and will work to contribute to the realization of a circular economy by supporting the growth of the recycling market in various industries.In order to realize a sustainable society, Teijin will provide innovative, people-centered solutions that improve peoples' quality of life. Teijin will further strive to mitigate the impact of its business activities on the environment and society to realize its long-term vision "to be a company that supports the society of the future."Fujitsu is promoting "Sustainable Manufacturing" to achieve growth through the coexistence of people and the earth as one of its key focus areas under its global business brand, Fujitsu Uvance.(1) V Frames GmbH :Head office: Saalfeld, Germany; Co-founder/ Managing director ISOCO: Michael Miller(2) E Bike Advanced Technologies GmbH :Head office: Frankfurt am Main; Co-Founder and CEO: Helge von FuglerAbout FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About the Teijin GroupTeijin (TSE: 3401) is a technology-driven global group offering advanced solutions in the fields of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Originally established as Japan's first rayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing three core business domains: high-performance materials including aramid, carbon fibers and composites, and also resin and plastic processing, films, polyester fibers and products converting; healthcare including pharmaceuticals and home healthcare equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing care and pre-symptomatic healthcare; and IT including B2B solutions for medical, corporate and public systems as well as packaged software and B2C online services for digital entertainment. Deeply committed to its stakeholders, as expressed in the brand statement "Human Chemistry, Human Solutions," Teijin aims to be a company that supports the society of the future. The group comprises some 170 companies and employs some 20,000 people across 20 countries worldwide. Teijin posted consolidated sales of JPY 926.1 billion (USD 7.2 billion) and total assets of JPY 1,207.6 billion (USD 9.4 billion) in the fiscal year that ended on March 31, 2022. Please visit www.teijin.com.Press Contacts:Fujitsu LimitedPublic and Investor Relations Division Inquiries (www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html)Teijin LimitedThe Teijin Group Investor and Public Relations Department Phone: +81 3 3506 4055 E-mail: pr@teijin.co.jp Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Eisai Aims to Advance Gastrointestinal Cancer Treatment with Research Across Multiple Tumor Types at ASCO GI 2023 JCN Newswire

Eisai Aims to Advance Gastrointestinal Cancer Treatment with Research Across Multiple Tumor Types at ASCO GI 2023

TOKYO, Jan 18, 2023 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced today the presentation of research across various types of gastrointestinal cancers during the 2023 American Society of Clinical Oncology (ASCO) Gastrointestinal Cancers Symposium (#GI23), which is taking place in-person in San Francisco, California and virtually from January 19-21.Notable data include an update from the dose-escalation part of a Phase 1 Study evaluating E7386(1), a CREB-binding protein (CBP) / beta-catenin interaction inhibitor, in patients with advanced solid tumors including colorectal cancer (NCT03833700; Abstract: #106). Based on these additional analyses, further investigation of safety, preliminary efficacy, pharmacokinetics and biomarker analyses of E7386 is ongoing using two dose levels in the expansion part.Research from the LEAP (LEnvatinib And Pembrolizumab) clinical program includes a poster presentation featuring a health-related quality of life analysis from the Phase 3 LEAP-002 trial investigating the lenvatinib (LENVIMA) plus pembrolizumab (KEYTRUDA(2)) combination versus lenvatinib plus placebo as a first- line treatment for patients with unresectable hepatocellular carcinoma (NCT03713593; Abstract: #506). Additional presentations on Eisai's oncology pipeline showcase Eisai's investigational compound, E7389- LF, a new liposomal formulation of eribulin, in combination with nivolumab in patients with solid tumors. Efficacy and safety were evaluated in expansion cohorts, including an esophageal cancer cohort (NCT04078295; Abstract: #337) and a gastric cancer cohort (NCT04078295; Abstract: #339)."We are eager to share new data at the annual symposium where specialists in gastrointestinal cancers gather from all over the world, including findings from a Phase 1 study evaluating the novel investigational anticancer agent, E7386, in advanced solid tumors including colorectal cancer," said Dr. Takashi Owa, Chief Scientific Officer, Senior Vice President, Eisai Co., Ltd. "Our findings across colorectal, esophageal, gastric and liver cancer illustrate Eisai's commitment to further oncology research for people living with gastrointestinal cancers, who account for over one quarter of the global cancer incidence(1)."In March 2018, Eisai and Merck (known as MSD outside the United States and Canada), through an affiliate, entered into a strategic collaboration for the worldwide co-development and co-commercialization of lenvatinib, both as monotherapy and in combination with Merck's anti-PD-1 therapy pembrolizumab. To date, more than 10 trials have been initiated under the LEAP clinical program, which is evaluating the combination across multiple tumor types.This release discusses investigational compounds and investigational uses for FDA-approved products. It is not intended to convey conclusions about efficacy and safety. There is no guarantee that any investigational compounds or investigational uses of FDA-approved products will successfully complete clinical development or gain FDA approval.(1) E7386 is created through collaboration research between Eisai and PRISM BioLab Co., Ltd. (Headquarters: Kanagawa)(2) KEYTRUDA is a registered trademark of Merck Sharp & Dohme LLC., a subsidiary of Merck & Co., Inc., Rahway, N.J., U.S.A.For more information, visit www.eisai.com/news/2023/pdf/enews202308pdf.pdf.Media Inquiries:Public Relations Department, Eisai Co., Ltd.+81-(0)3-3817-5120 Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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NEC provides billing gateway for DOCOMO’s standalone 5G system JCN Newswire

NEC provides billing gateway for DOCOMO’s standalone 5G system

TOKYO, Jan 18, 2023 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (NEC) has provided NTT DOCOMO, INC. (DOCOMO) with a Charging Gateway Function (CGF) for high-performance processing of billing information, which is becoming increasingly complex due to the growing sophistication of service menus.Image of the CGF provided to DOCOMOThe CGF began operating in December 2022 as a gateway-packaged product that connects DOCOMO's existing standalone 5G mobile core network (SA 5GC)(1), which was provided by NEC, to its business support system (BSS) for customer administration and billing. By organizing the wide variety of billing information sent from 5GC and linking to the BSS, the CGF enables efficient billing processing, while supporting the rapid launch, provision and monetization of new services.Service menus utilizing 5G are becoming more diverse, and the development of new services beyond packet communications, SMS and voice communications is expected to continue advancing in the future. For this reason, telecommunications carriers are demanding packaged products that can flexibly support new services. In the BSS area, there is a demand to introduce Fit to Standard packaged products that can flexibly handle new services and are aligned with IT strategies. However, when using a packaged product for a gateway, it is necessary to develop connections for the parts of the system where information such as BSS is linked. Therefore, building a new gateway requires excellent packaged products and know-how in the development of connection systems. Based on this background, as an advanced initiative in the industry, NEC has introduced a CGF packaged product at the request of DOCOMO.Features of this initiative include:1. Efficient billing processing with CGF packaged productsDOCOMO has introduced a CGF solution provided by Netcracker Technology (Netcracker), an NEC subsidiary, using the CGF product from DigitalRoute(2). Netcracker built the robust solution using DigitalRoute's product for high traffic processing to achieve efficient billing. DigitalRoute's CGF packaged products have been deployed at more than 400 businesses around the world and comply with international standards (3GPP). The CGF can organize large amounts of billing information generated for each service, such as packet communications and voice calls, and link it to the BSS for efficient billing processing. Netcracker has extensive global experience implementing solutions based on the DigitalRoute product suite and was instrumental in its implementation at NTT DOCOMO, working closely with NEC as the system integrator and DigitalRoute as the product vendor.2. Flexible support for new services and scalability through online processing of billing informationThis CGF has a flow control function that defines the processing flow of billing information for each service, providing both flexible support for new services and scalability that enables online processing of billing information. As a result, even if the service menu diversifies, it will be possible to flexibly respond without having to undergo new development each time, thereby contributing to the rapid monetization of businesses.3. Making use of NEC's track record in system development for telecommunications carriers to achieve connectivity while minimizing the development of external systemsNEC has a wealth of experience in developing high-quality systems that support the competitiveness of telecommunications carriers' services, including the development of open source systems that support DOCOMO's payment services. By leveraging this track record and localizing the impact on external systems connected to this CGF, a high-quality system has been achieved while minimizing development.NEC will continue to leverage this track record to provide 5G networking, BSS, and operation support systems (OSS) to telecommunications carriers as comprehensive high-quality solutions, helping them to quickly launch new services, streamline operations, and improve revenue."We are pleased to have worked with NEC as a partner in the introduction of standard products compatible with 5G SA. DOCOMO will continue to swiftly and flexibly provide customers with diversified services and billing systems for next-generation networks, including 5G," said Shin Fujii, Senior Manager, NTT DOCOMO."NEC is proud to have provided DOCOMO with this total 5GC system featuring CGF. We have a long history of collaboration with DOCOMO spanning a wide variety of solutions, and we look forward to continuing the provision of high-quality, highly reliable end-to-end networking solutions in the future," said Michio Kiuchi, Senior Vice President, NEC Corporation."Netcracker is honored to continue working with DOCOMO, in partnership with NEC and DigitalRoute, to deliver a truly differentiated solution that will provide efficiencies in the billing process resulting in faster time to market and rapid monetization of new services," said Bob Titus, CTO at Netcracker. "We look forward to future success with DOCOMO.""We are incredibly thrilled to announce that our strategic partnership with NEC has been reinforced through this project for DOCOMO, the No.1 CSP in Japan," said Per-Erik Johansson, SVP, Head of Telecom Sales & Alliances at DigitalRoute. "Our best in class product solutions have been developed through their deployment by many global CSPs. Together with NEC, we are not only enabling DOCOMO's next-generation monetization, we are also driving a competitive edge by being able to expand in new enterprise markets."(1) Standalone 5GC (SA 5GC): A communication method to meet the needs of the various networks that are required in the 5G era, such as enhanced Mobile BroadBand (eMBB) (high speed, large capacity), massive-Machine Type Communications (mMTC) (high density connections) and Ultra-Reliable and Low Latency Communications (URLLC) (Ultra-high reliability and low latency).(2) Press release (announced on February 8, 2021):NEC, Netcracker and DigitalRoute Partner to Accelerate 5G Monetization- Partnership enables CSPs to quickly deploy a 5G mobile core network in the cloud and monetize any 5G business modelwww.nec.com/en/press/202102/global_20210208_02.htmlAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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MX Hub (UAE) Announces Award Recipients ACN Newswire

MX Hub (UAE) Announces Award Recipients

MX Hub, the revolutionary convergent tech accelerator inspired by SoftBank's strategy of consolidation of leaders in the Healthtech, PropTech, AI, and sharing economy sectors, has seen impressive progress in just two months since its creation.One of the major achievements of MX Hub is the consolidation of assets into the Metabook Sharing Economy platform, which aims to do revenue sharing with agents in tens of countries, promoting the innovations of MX100 startups. This strategy is a key component in building a global Revenue Sharing Digital Economy, led by top influencers and powered by the most appealing innovations.In the last month, MX Hub residents from MX100 have received multiple awards. The founders of BloxBytes and Vaival technologies were recognized at different events in December, with CEO, Anjum Shahzad, being awarded PASHA ICT Award , Asia Pacific ICT Award ( among other 16 countries) and an award from the President of Pakistan in person as an appreciation for great contribution in Web3.0 development space.The top success story is, Bloxbytes has listed in top 100 metaverse innovatorsby the metaverse spectrum and Vaival Technologies have received yet another prestigious leadership award, further solidifying the effectiveness of MX Hub's accelerator program.MX Edtech Rating, the only rating of its kind with proven results, is also a key component of MX Hub's success. The MX 100 Rating event, which was postponed for March to include global leaders in emerging technologies, is based on factors such as team leadership in tech and business, scalability of startups, presence in international markets, and commercialization of products. The final stage of the rating process includes voting from an expert panel of global top experts, such as Adiv Baruch, Dr. Robert Goldman, and fintech influencer Brett King.MX Hub's mission is to accelerate the growth for top-rated startups, and with their impressive achievements in such a short period, it's clear that they are on the right track.About MX HubMX Hub is a Dubai (UAE) based global gateway for emerging startups and post- revenue companies that provides tailored one-stop acceleration solutions. It is a first-of-its-kind phygital platform that offers a unique physical space that is supported by a virtual twin version with multifunctional options, VIP meeting spaces and chat rooms. www.mxhub.me Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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JCB offers 10% cashback campaign for JCB cardmembers for purchases in Japan JCN Newswire

JCB offers 10% cashback campaign for JCB cardmembers for purchases in Japan

TOKYO, Jan 16, 2023 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announces the launch of a 10% cashback campaign for JCB cardmembers outside Japan for purchases in Japan starting January 16 2023.From January 16 to April 15 2023 (JST)[1], JCB cardmembers from outside Japan[2] receive 10% cashback when the accumulated spending amount for in-store purchases in Japan with 30,000 yen or above with JCB Card[3] use. For more information about the campaign, please visit JCB Special Offers.JCB Special Offers: https://www.specialoffers.jcb/en/campaign/detail/japancashback/56914/JCB offers beneficial campaigns and convenient services to JCB cardmembers across the world. As a Japanese brand with a spirit of hospitality, JCB provides services that enrich JCB cardmembers' travel experience. Please check the "Enrich your travel in Japan with OMOTENASHI" video at official YouTube channel "JCB Global".Watch video: https://www.youtube.com/watch?v=9swTv8VSc-8About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 41 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 150 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ ContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp[1] The campaign may end early once the campaign budget has reached its maximum limit.[2] Cards issued by some issuers may not be eligible (please refer to JCB Special Offers for further details). http://www.specialoffers.jcb/[3] Up to 5,000-yen cashback per JCB Card use. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Impro: Share price of U.S. peer up nearly 300% in three years. Impro issues positive profit alert with extremely low comparable valuation ACN Newswire

Impro: Share price of U.S. peer up nearly 300% in three years. Impro issues positive profit alert with extremely low comparable valuation

HONG KONG, Jan 16, 2023 - (ACN Newswire via SEAPRWire.com) - The latest macro data published by the U.S. is not ideal. The market expects the Fed will continue to raise interest rates through to the end of 2023. By then, the federal funds rate may reach 4.9% and the higher interest rate level will once again trigger market concerns about asset price revaluation. It is clear that US stocks have been under pressure recently. U.S. peer Howmet's share price has risen by over 300% in the last three yearsFor well-managed companies, there is never a shortage of capital and opportunity in the capital market. The stock price of Howmet Aerospace (US stock code: HWM) has been on an upward trajectory, hitting new all-time highs. It has increased from a low of US$9.87 in May 2020 to a closing price of US$40.55 on 10 January this year, representing a surge of close to 300% in three years and nearly 30% in the last six months. Howmet is a global leader in engineered metal castings and precision machining products. It is the second largest in the industry in terms of investment casting sales (the market leader is Precision Castparts Corp., which Warren Buffett took private in 2015) with a current market capitalization of US$16.8 billion. Its price-to-earning (P/E) ratio is estimated at 38.6 times, and its price-to-book (P/B) ratio and price-to-sales (P/S) ratio is 5.1 times and 3.0 times, respectively.Impro's valuation is extremely low compared with HowmetImpro (01286.HK) is a company listed on the Hong Kong capital market and is engaged in the same investment casting business as Howmet. It is a world-leading manufacturer of high-precision, high-complexity and mission-critical casting and machined components, and the sixth largest investment casting manufacturer in the world and the largest in China. Compared with Howmet, Impro's current market capitalization is only US$620 million (HK$4.9 billion), with a P/E ratio of approximately 8 times, a P/B ratio of 1.1 times and a P/S ratio of 0.9 time. It is evident that the Company is significantly undervalued.Impro Precision issues positive profit alert Results is set for further growth As one of the world's top ten manufacturers of high-precision castings and machined components, Impro Precision is underestimated and has huge scope for further growth. The Company recently issued a positive profit alert. Its sales revenue for 2022 is expected to increase by 15% to HK$4.35 billion, with net profit of HK$550-600 million, a year-on-year increase of 43-56%. Like Howmet, Impro Precision has also benefited from the recovery of its aerospace business after the pandemic. With the market for aircraft parts in short supply, the Company's future performance has great potential. Despite the Company's record net profit and sales revenue, its share price closed at only HK$2.65, still below its all-time high and in the bottom range. Compared with the historical high of HK$5.20, there is still considerable room for upward movement.Leading stock in high-precision parts industry in Hong Kong Aerospace and Hydraulics businesses will become its new growth engineAs one of the few leading high-precision component companies in the Hong Kong stock market, with strong economies of scale, the Company's sales exceeded HK$4.3 billion in 2022, and it has established a global presence. To date, the Company has 21 plants, 10 sales offices and eight logistics and warehousing centers in North America, Europe and Asia. It also completed the acquisition of Foshan Ameriforge at a consideration of nearly RMB59 million and the hydraulic orbital motor business of Danfoss Power Solutions (Jiangsu) Co., Ltd., a subsidiary of Danfoss Group, for EUR65 million, on 15 August and 31 October 2022, respectively, to strengthen the Company's presence in the aerospace and hydraulics industries.One of the revaluation targets under a valuation system with Chinese characteristicsOn 21 November 2022, at the Annual Conference of Financial Street Forum 2022, Yi Huiman, Chairman of the China Securities Regulatory Commission, speaking on the structure and valuation of listed companies, said that there was a need to explore ways to build a valuation system with Chinese characteristics, so as to promote better functioning of the market's resource allocation.Obviously, the regulator has clearly recognized that it is very unreasonable for a number of listed companies, including Hong Kong stocks and A-shares, to be extremely undervalued by the market. The regulator has pointed out that it is necessary to conduct an in-depth study on the application scenarios of valuation theories in mature markets and grasp the valuation logic of different types of listed companies. It is believed that the signal from the regulator to explore the establishment of a valuation system with Chinese characteristics will be gradually developed and implemented at the level of investment banks and institutional investors. Compared with overseas benchmarking companies, the valuation of Impro is extremely unreasonable. The history of the development of the US stock market shows that a reasonable revaluation of the value of a listed company may be late, but it is never missed.Moreover, the market capitalization of Impro will soon exceed HK$5 billion, and it is likely to be included in the Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect in the second half of this year, giving mainland investors the opportunity to invest in Impro. As a rare leader in the high-precision components industry, the Company has maintained continuous growth in its business performance. It is believed that, under the catalyst of multiple factors, Impro will move further along the new capital market curve. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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TOYOTA GAZOO Racing starts WRC title defence on magical Monte JCN Newswire

TOYOTA GAZOO Racing starts WRC title defence on magical Monte

Toyota City, Japan, Jan 13, 2023 - (JCN Newswire via SEAPRWire.com) - TOYOTA GAZOO Racing World Rally Team aims to begin the defence of its FIA World Rally Championship titles with a victory on the legendary Rallye Monte-Carlo, which opens the 2023 season on January 19-22.2023 GR YARIS Rally1 HYBRIDTGR-WRT has set its sights on a third successive WRC triple crown following a successful debut season in 2022 for its GR YARIS Rally1 HYBRID car, which swept the drivers', co-drivers' and manufacturers' world championships.The team continues to work hard to improve this winning package, and the most obvious change for 2023 is new rear fender bodywork featuring a revised cooling inlet for the car's hybrid system. Other developments include a new specification of engine with a higher output.After becoming the youngest ever WRC drivers' champion at the age of 22, Kalle Rovanpera returns to defend his crown together with co-driver Jonne Halttunen. They are joined again for the full season by twice championship runners-up, Elfyn Evans and Scott Martin.Eight-time champion Sebastien Ogier commences another partial schedule of rallies on his home roads in the French Alps - where he will target a record ninth Rallye Monte-Carlo victory - and continues to work with co-driver Vincent Landais after they joined forces at the end of last year.Takamoto Katsuta will step up to share the team's third entry with Ogier during the season, while also continuing to gain experience on all the remaining rallies - beginning with Monte-Carlo - in an additional fourth entry alongside co-driver Aaron Johnston as part of the TGR WRC Challenge Program.Rallye Monte-Carlo is the oldest and most famous event on the WRC calendar, and often also one of the most demanding. Changeable weather conditions can mean drivers sometimes face dry asphalt and snow and ice in the same stage. As a result, tyre choice is crucial.As in 2022, the service park will again be located on the harbourfront in Monaco itself, with the rally to start from the iconic Casino Square before two Thursday night stages. The first of these climbs up to finish at the famed Col de Turini, while the second descends from La Cabanette on roads last used at the end of the 2020 edition and is the longest test of the rally at 24.9 kilometres.Friday consists of two loops of three stages to the north-west of Monaco around Puget-Theniers, which hosts a tyre-fitting zone in place of mid-day service. Saturday follows a similar format but is longer, with the action taking place further to the west and crews only due to return to Monaco almost 15 hours after they left. Sunday pairs two passes of the classic Luceram - Lantosque test with two more runs up the Col de Turini, where the rally will conclude at the end of the Power Stage.For more information, visit https://toyotagazooracing.com/wrc/release/2023/rd01-preview/. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Spritzer Ecopark Transformed to Colourful Spring Overnight ACN Newswire

Spritzer Ecopark Transformed to Colourful Spring Overnight

KUALA LUMPUR & TAIPING, Jan 12, 2023 - (ACN Newswire via SEAPRWire.com) - Say goodbye to the snowy white winter wonderland and hello to the colourful florals of spring as SPRITZER ushers the Year of the Rabbit by transforming Spritzer EcoPark through their creative use of Spritzer bottles repurposed to welcome the lunar new year traditions with a modern flare.Springtime at Spritzer EcoparkBe greeted by a striking 28-foot tree partially created from thousands of recycled Spritzer bottles while walking through a garden of eye-popping playful pink and radiant red peonies signalling the coming of spring from now to 5 February, including New Year Day itself on 22 January. Ring in the Year of the Rabbit celebrations with Spritzer as a traditional lion dance will be held on 26 January to bring good luck and fortune for the auspicious new year.Capture those Instagram-able moments as you step back in time at a traditional Chinese ancient house, stroll into a gorgeous tunnel ringed by flowers also partly created from Spritzer bottles, visit a domed house decorated with exquisite opulent ornaments and stop by the beautiful gazebo - perfect for photo opportunities for a lifetime.All are welcome and admission is free. Visitors who spend at least RM10 at the souvenir shop and water shop will receive Spritzer angpow packets. Remember to keep the receipts as Spritzer water products purchased will let you enter "The SYOK Goes On With Spritzer" online contest for a chance to win RM100,000 of gold bars and other SYOK prizes.In line with the Company's values, Spritzer encourages recycling and repurposing. The Company continuously strives to incorporate sustainability into every aspect of its operations, from bottles, labels and its people. Join Spritzer by incorporating recycling into your 2023 and beyond.Spritzer hopes to continue welcoming everyone in a safe manner. Please plan your time and have a fun-filled experience at Spritzer EcoPark this coming Year of the Rabbit!Spritzer Bhd: [Bursa: SPRITZER; 7103] [RIC: SPTZ:KL] [BB: SPZ:MK] [OTC: SPZRF], https://www.spritzer.com.my Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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