NEW YORK, Apr 22, 2022 - (ACN Newswire) - Beyond Imagination, Inc. is building humanoid robots to solve the world's labor crisis by expanding access to jobs around the globe.
This week, the Beomni robot will appear at Explorers Club Headquarters and at the annual dinner on Saturday April 23rd in New York City. At the same time, across the country in Beverly Hills, CA, attendees at the Abundance360 Annual Summit will be able to remotely pilot the robot from 2,800 miles away.
Beomni is the world's most sophisticated general-purpose humanoid robot, capable of performing an almost unlimited number of tasks. Beomni's AI Brain learns from its human pilots and becomes increasingly autonomous over time.
Beomni will help solve the labor crisis by creating a global elastic labor force, lifting millions of people out of poverty by giving them access to jobs around the world. For example, the International Labour Organization (ILO) reports that "More than 2.3 million workers die every year as a result of occupational accidents or work-related diseases." With Beomni, dangerous work will become completely safe because the robot will be the one taking the risks.
Elder Care is a $932B market today. We will help solve the elder crisis by enabling families to care for their own regardless of the distance between them and by multiplying the effectiveness of existing health care workers.
CEO and Founder Dr. Harry Kloor says, "We are thrilled to have been invited to demonstrate the advances we've made in Beomni's development at the Explorers Club. Beomni will be a great vehicle for explorers on earth and beyond! We share the spirit of exploration and discovery that is the hallmark of the Explorers Club."
Astronaut and Explorers Club President Richard Garriott adds, "For the last decade, I have been a power USER of early telepresence robotics devices, so I deeply appreciate the advancements in Beomni. We welcome the opportunity to showcase Dr. Kloor's creation alongside other world-changing technologies at our event. Smart technologies like Beomni will play an important part in helping solve the challenges the world is facing. On Earth, in space and on planets beyond Earth, robots like Beomni will play an essential role!"
The robot will be on display all week at the Explorers Club headquarters so members can have an opportunity to pilot it. On Saturday, Beomni will move to The Glass House, where the annual dinner is being held. Beomni will be serving drinks and hors d'oeuvres at the reception, and at the afterparty guests will also have the opportunity to pilot the robot.
Meanwhile, across the country in Beverly Hills, a second Beyond Imagination team will be set up at the Abundance360 Annual Summit. From there, Beomni will be operated from coast to coast. Members in attendance at the A360 Summit will be able to perform tasks, pick up and examine objects and even shake someone's hand across the country.
Abundance360 Founder, Peter Diamandis remarked, "Beyond Imagination dramatically changes the paradigm of how companies will provide services in the future, how and where you will receive healthcare, where you work and play."
About Beyond Imagination, Inc.
Beyond Imagination is a robotics and AI platform company that is focused on bringing humanoid robots to market rapidly. By partnering a human pilot with an evolving AI Brain, we will soon be able to deploy our Beomni Robotics platform across a wide range of commercial applications. Our practical, real-world approach is closer to that of Tesla, which released its vehicles and then built AI from the data that they collected, rather than that of other companies that are focused on narrow R&D domains.
Founded by leading innovators in AI and robotics, and strengthened by a solid patent portfolio, Beyond Imagination, Inc. is poised to revolutionize life and fundamentally change the way we work, travel and engage with others around the world.
Beyond Imagination is actively seeking business partners and investors for its Series A round. Details will be provided to qualified investors upon request. In-person demos are available by appointment for media and investors. Beyond Imagination is also seeking additional partners for pilot studies in medicine and beyond.
About The Explorers Club
Since its inception in 1904, members of the Club have traversed the earth, the seas, the skies, and even the moon, on expeditions. First to the North Pole, first to the South Pole, first to the summit of Mount Everest, first to the deepest point in the ocean and first to the surface of the moon - all accomplished by Explorers Club Members. Notable members include Teddy Roosevelt, Neil Armstrong, Jane Goodall, Edmund Hillary, John Glenn, Sally Ride, Bob Ballard, and more. https://www.explorers.org/
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comBeyond Imagination, Inc. is building humanoid robots to solve the world's labor crisis by expanding access to jobs around the globe.
BANGALORE, INDIA, Apr 22, 2022 - (ACN Newswire) - As companies are emerging stronger from the Covid-19 pandemic, the need is to adapt to the changes in their business functions caused by a once-in-a-lifetime crisis. The way a company interacts with its clients has undergone substantial transformation leading them to seek innovations that can adapt to the current scenario.
World CX Summit is an In-Person event taking place at Taj Lands End in Mumbai on 27 April 2022. The summit is hosting top Indian CX leaders and global experts, to explore the latest trends and address the most pressing challenges in the current CX ecosystem.
Alongside World CX Summit, Trescon is introducing 'World CX Awards', in a bid to honour top-notch CX professionals across industry sectors in the country, who have revolutionized the CX landscape.
"When you serve stated needs of customers, you meet expectations. When you go beyond and serve unstated needs, you exceed expectations," states KV Dipu, Senior President - Head Operations & Customer Service at Bajaj Allianz General Insurance, and one of the speaker at World CX Summit.
Dharmender Narang, SVP - Chief CX Officer, at IIFL Securities stated, "Today, companies can regularly, and seamlessly collect customer interaction data from across financial, and operations systems, yielding deep insights about their customers. Those with an eye toward the future are boosting their data and analytics capabilities and harnessing predictive insights to connect more closely with their customers, anticipate behaviors, and identify CX issues and opportunities making CX as service differentiator in the industry. These companies can better understand their interactions with customers, even pre-empt problems in customer journeys and help company to improve customer loyalty & long relationship thus improving revenue per customer."
World CX Summit will provide a wide spectrum of expert speakers and panelists such as: - Rekha Nair, Chief Customer Experience & Quality Officer, Adani Airport Holdings Ltd. - Neeraj Lal, Chief Operating Officer, Apollo Hospitals - Dharmender Narang, Senior VP, Chief Customer Experience Officer, IIFL Securities - Dharmarajan K, Chief Business Officer, Tata CLiQ - Chaitanya Chokkareddy, CIO, Ozonetel Communications Pvt Ltd - Nishant Shrivastava, Global Head - Centre of Excellence for Unified Communications and Collaborations, TATA Communications - Shradha Thapa, Regional Head - Govt & OTT Partnership, Infobip - Prakash Bharath, Director and Regional Head, Freshworks - KV Dipu, Senior President - Head Operations & Customer Service, Bajaj Allianz General Insurance - Ramakrishna M, Director - Contact Centre, CX and Outsource Operations, CoinSwitch Kuber - Indranil Nath, EVP - Operations, Shiprocket - Nitin Jain, Head of CX (CS&L and Sales) for India & Middle East and Africa, Mondelēz International - Kumud Upadhyay, SVP - Customer Service, Motilal Oswal Financial Services - Hari Shankar Mishra, SVP - CX, Future Generali India Insurance Company Limited - Gaurav Sadana, VP & Head- CX & Central Retention, Bajaj Allianz Life Insurance Company - Suraj Shetty, Head Of CX, Learning & Development, Kissht - Zeenat Mongal, DVP CX, ICICI Lombard - Aalok R Pradhan, Director - Customer Success, CoinDCX
The event will focus on topics such as: Digital Transformation with Customer-First Thinking; Customer Data: Designing for Transparency & Trust; CX Strategies for a Touchless World; Adopting Digital Omnichannel; Future of Chatbots & Virtual Assistants; Rise of the Flexible Workforce; Role of Cybersecurity in Building Customer Trust and much more.
"While digital transformation has become a necessity, business leaders must now face a new set of challenges. As businesses plan for long-term sustained growth, the top priorities are speed, agility, customer experience, and culture shift," stated Mithun Shetty - CEO, Trescon.
World CX Summit - India is officially sponsored by Lead Partner - Ozonetel Communications; Platinum Partners - Gupshup, TATA Communications, Infobip; Silver Sponsor - Phonon Communications; Gold Partners - UserTesting; Freshworks; Bronze Partner - Haptik, NeoSOFT Tech, Yellow.ai.
Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialised in producing highly focused B2B events that connect businesses with opportunities through conferences, road shows, expos, demand generation, investor connect and consulting services.
About World CX Summit
World CX Summit is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world. As a part of the global series, the Indian edition will be gathering pre-qualified CX leaders "all under one roof" to discuss how the latest CX technologies and customer insights can be combined to transform CX with a new approach The summit will also host a combination of insightful sessions, keynotes, case studies and panel discussions sure to deliver actionable insights that attendees can apply to their Customer Experience strategies.
For further details about the announcement, please contact: Monith Shetty Media, PR & Corporate Communications +91 81059 75937 email@example.com
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAs companies are emerging stronger from the Covid-19 pandemic, the need is to adapt to the changes in their business functions caused by a once-in-a-lifetime crisis.
Singapore, Apr 13, 2022 - (ACN Newswire) - The 3rd global edition of World Data & Analytics Show, with a special focus on the ASEAN market, is all set to take place virtually on 19 April 2022. The event will gather top experts from ASEAN region where they will shed insights on analytics to improve an organization's operational performance, boost consumer engagement, and simplify supply chains.
Notable speakers include Celine Le Cotonnec, Vincent Toh, Hartnell Ndungi, Juan Intan Kanggrawan, Benedict Benoit, Bhaskar Vetrimani, Dr. Shidan C Murphy, Sam Majid, Bhaskar Vetrimani, Meenakshi Nissim Ghoge, Balaji Jayaraman, Martijn Wieriks, Ram Kumar & more. These experts will present eye-opening keynotes, government and enterprise use-case presentations, exciting product showcases, take part in panel discussions and tech talks to discuss the latest challenges and explore data-powered solutions.
Businesses in the ASEAN region are embracing data analytics to help them grow post-Covid-19. The diversified economic environment of the region adds further difficulties to decision-making. Data analytics has been shown to be an efficient method for identifying the aspects that produce value for regional businesses. This digital revolution aids in the improvement of efficiency and business operations.
ASEAN companies are facing unique challenges in optimizing their business processes while balancing privacy and compliance. However, the use of data analytics allows companies to foresee trends, improve operations, and streamline operations. By increasing efficiency and productivity, data analytics can help ASEAN companies become more competitive globally.
"According to our research, more than 90 percent of APAC business executives believe that data analytics is important for their organizations to remain performant, but less than 19 percent of enterprises across the region have achieved maturity in analytics. At Alteryx, we are committed to empowering everyone and anyone to make data-driven decision and advancing organizations' capability in analytics. Join us at our session in this year's World Data and Analytics Show 2022, to uncover how your organization can transform from being data-rich to data-driven," stated Suganthi Shivkumar, VP of Asia, Alteryx.
"Dataiku will show you how extraordinary AI for everyday purpose is brought to life in this edition of the World Data and Analytics Show 2022. As a lead sponsor, we await the opportunity to connect with attendees and discuss how to realize their AI strategy at scale and speed; no matter the stage of AI or analytics maturity. Meet us at our booth to find out more on how Data Science meets Everyday Use!," said Jiunn Hao; Director, APAC Partnerships, Dataiku.
Among the early adopters of future tech, groundbreaking experts taking the center stage include: - Celine Le Cotonnec, Chief Data Innovation Officer, Bank of Singapore - Vincent Toh, Snr Manager, Sales Engineering, Alteryx ASIA, Singapore - Benedict Benoit, Area Vice President, Collibra, Australia - Bhaskar Vetrimani, Head of Sales & Business Development, APAC, Lingaro - Hartnell Ndungi, Chief Data Officer, Absa Bank Kenya PLC, Kenya - Grant Case; Director of Sales Engineering, Dataiku, Australia - Juan Intan Kanggrawan, Head of Data Analytics and Digital Products, Jakarta Smart City, Indonesia - Ankit Singi, Data Science Implementation Manager, Dataiku, Singapore - Sam Majid, CTIO, MCMC Malaysia - Benedict Benoit, Area Vice President, APAC, Collibra, Australia - Srinivasan Sankar, Enterprise Data and Analytics Leader, The Hanover Insurance Group, United States - Igor Rotin, Chief Data Scientist, Liebherr Aerospace and Transportation, Germany - Meenakshi Nissim Ghoge, Director - Data & Analytics, Mondelēz International, Singapore - Katrina Briedis, Sr. Product Marketing Manager, APAC Denodo - Balaji Jayaraman, Senior Vice President- Head of Data and Analytics (APAC), Citi Bank, Singapore - Martijn Wieriks, Chief Data Officer, JULO, Indonesia - Dr. Shidan C Murphy, Director of Data Analytics, Altair, APAC - Bhaskar Vetrimani, Head, Sales and Business Development, Lingaro APAC - Ram Kumar, Chief Data & Analytics Officer, Cigna, Singapore; to name a few.
"Businesses are facing increasing expectation to utilize data analytics to drive decision-making, improve service levels and generate new revenue streams. However, ASEAN businesses need to overcome limitations in data (data literacy and digital literacy), policy and capability to fully utilize the potential of data analytics," stated Mithun Shetty, CEO, Trescon.
The event will be hosted on the virtual events platform Vmeets to help participants network and conduct business in an interactive and immersive virtual environment. Participants can also engage with the speakers during Q&A sessions and network with solution providers/sponsors at their virtual exhibition booths, private consultation rooms and meeting tables.
World Data & Analytics Show - ASEAN is officially sponsored by: - Headline Sponsor - Alteryx - Lead Sponsor - Dataiku | TechData - Platinum Sponsor - Collibra - Gold Sponsors - Denodo & Lingaro - Silver Sponsors - Altair & Cloudera - Bronze Sponsor - Snowflake & EnterpriseDB
About World Data & Analytics Show
World Data & Analytics Show is a thought leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.
As part of the world tour, this ASEAN edition is virtually gathering pre-qualified C-Suite IT Leaders, Business Analysts, Data Analytics Heads, Heads of Business Intelligence, Industry Practitioners, IT Decision Makers and Experts in Data & Analytics among others from cross industry verticals across ASEAN region.
The show would feature exciting keynotes, government and enterprise use-case presentations, product showcases, panel discussions and tech talks to discuss the latest challenges and explore the latest applications in data powered solutions.
Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes corporations, governments, and individuals. Trescon specializes in producing highly focused B2B events that connect businesses with opportunities through conferences, road shows, expos, demand generation, investor connect and consulting services.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe 3rd global edition of World Data & Analytics Show, with a special focus on the ASEAN market, is all set to take place virtually on 19 April 2022.
HONG KONG, Apr 13, 2022 - (ACN Newswire) - Despite regulation and a suspension of new game licenses in China, CMGE (0302.HK) grossed RMB3,957 million in 2021, representing a year-on-year increase of 3.6%, according to its 2021 annual earnings report. The company's gross profit margin increased to 37.2% in 2021 from 32.0% in 2020, while gross profit totaled RMB1,473 million, a year-on-year increase of 20.5%.
Jian Xiao, Executive Director, Chairman and CEO of CMGE, stated at the Performance Meeting that several games to be released in 2021 had been delayed due to the failure of achieving the game license as scheduled, as well as greater contributions to development and research, caused 2021 adjusted net margin to decline by 21.9%
With strong performance in 2020, CMGE's performance in 2021 is virtually superior to that of most peer companies.
01. The company's games have achieved international success with a year-on-year international game publishing revenue increasing by 7,260%, and another growth engine emerges.
CMGE's financial statements show that its profits are essentially sourced from developing and operating IP-based games, RMB905 million of which is sourced from the profits of its game development, representing a year-on-year increase of 23.9% and accounting for 22.9% of its annual business revenues, and RMB232 million of which is sourced from the profits of its IP licensing, doubled over the last year, representing a year-on-year increase of 106.9%, showing the abundant IP reserves and outstanding performance of its self-development strategy.
It's noteworthy that CMGE gained revenue of RMB459 million overseas, a year-on-year increase of 72 times. With this growth, its international revenue increased to 11.6% in 2021 from 0.2% in 2020, sharply representing the great progress from its overseas strategy of games.
According to an insider, it's inevitable for domestic game developers to make a breakthrough by surviving on international markets under the more serious regulation. Also, to survive on international markets, the company is facing challenges in all aspects such as the research and development of products, operation, marketing and organization. To survive on international markets has become a key indicator to measure whether a game developer is of competence.
At the Performance Meeting, Jian Xiao stated that CMGE, having committed to international game markets, has provided multiple games products in Hong Kong, Macao and Taiwan, Southeastern Asia, Europe and America and has created professional localization teams in products operation, marketing, user service and advertising. With the success of several products in practice, the international markets will be further developed, the revenue of which will also be increasing.
02. The company has laid a strong foundation for challenges with a year-on-year contribution increase of 48.9% in R&D for core competence of excellent self-developed products.
The research and development is a must for excellent products, and CMGE's financial statements shows that it has been committed to the research and development. As indicated by a set of data, CMGE has a R&D team of 624 professionals by the end of the period, representing a year-on-year increase of 30.0%; its contributions to the R&D are increased from RMB208.6 million in 2020 to RMB310.7 million in 2021, representing a year-on-year increase of 48.9% and accounting for 7.9% of the corporate revenue.
CMGE has also invested in great game developers to develop game business. According to the financial statements, CMGE has invested in over 20 game developers directly or by convertible bonds in recent years.
With its investment, merger and self-development, CMGE's R&D has become mature gradually with five major game types - numerical games, platform games, strategy games, E-sports games and card games, and several new R&D studios and subsidiaries have also been established.
In the long run, the enhanced R&D will lay a strong foundation for the continuous development of products for a game company.
Jiao Xiao believes that as the game industry has been more and more limited and regulated, the game companies must pay more attention to high-quality, multi-platform and long-cycle products and gain profits of one game from multiple platforms. Also, the companies need to attract more loyal customers and enhance user stickiness by the worldview and IP of games, social function and other factors.
Driven by technologies, the game developers should develop more quality products to meet new demands of gamers. The game "Sword and Fairy: World" self-developed by CMGE to be released is a model one.
"Sword and Fairy: World", based on the worldview and IP of "Sword and Fairy", is an immersive open-world RPG where gamers are provided with great freedom to make choices. The game is available on multiple devices including PC, console, mobile phone and VR. The game art meets the VR standard to offer the best immersive experience for gamers. CMGE expects that "Sword and Fairy: World" will be developed into a bestselling strategy game with an annual revenue of over RMB3,000 billion, a high profit ratio and a long life cycle.
03. The company expects a promising future as the returns of self-developed products in international markets will begin after significant games are released.
Next, CMGE is going to release a series of self-developed products and further promote its international markets strategy to earn more reputation among international gamers.
CMGE is scheduled to release several new games with license in the first half of 2022, including "A New Record of a Mortal's Journey to Immortality", "Ultraman: Assembly" and "All Star Fight" that were released this January.
In addition, CMGE is also looking forward to the license of several major new games including "Sword and Fairy: Wen Qing", "Rakshasa Street: Chosen One", "Cultivation Fantasy" and "Daily Life of Group Chat".
As for the expected time when the license will be granted, Jian Xiao holds the view that the reason why the authority has stopped granting game licenses is essentially related to the improvement and review of the game protection system for the minors. In the long run, the government will still support the healthy development of game industry.
In addition, the key product "Sword and Fairy: World" is about to undergo the first test in August 2022 and to be released around the middle of 2023. And the E-sports game "Code: Basketball 3V3" developed by Shanghai Zhoujing will be tested by the end of 2022 and released around the middle of 2023.
At the Performance Meeting, Jian Xiao stated that considering the status quo, the company's R&D will truly pay off in 2023 with a target that the revenue of independent R&D business accounts for 40% or even more of the total revenue in 2023.
Please contact: PEANUT MEDIA LIMITED Lu Jing / He MeiYu Direct Line: (+86) 755-61619798 +8210 Email: firstname.lastname@example.org
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comDespite regulation and a suspension of new game licenses in China, CMGE (0302.HK) grossed RMB3,957 billion in 2021, representing a year-on-year increase of 3.6%, according to its 2021 annual earnings report.
HONG KONG, Apr 12, 2022 - (ACN Newswire) - Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 8th IR Awards 2022 (the 'Awards'). This will be the eighth consecutive year of the Awards at which remarkable practices of good IR and corporate governance are recognized among Hong Kong listed companies.
Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG, The Hang Seng University of Hong Kong, Chairman of the Judging Panel (left) and Dr Eva Chan, Founding Chairman of HKIRA (right).
Dr Eva Chan, Founding Chairman of HKIRA, said, "It has been another challenging year for business operators in most industries. IR professionals' role is increasingly important in keeping investors and the public abreast of the latest update of listed companies and their industries. Under the new normal, new forms of communication channels are supported by advanced technologies, to facilitate instant and transparent exchange of information. We are glad that the IR community was able to turn challenges into opportunities and we look forward to recognizing more listed companies with best practices at this year's Awards."
Last year, 167 award entries were received from listed companies, over 890 eligible voters and over 360 voting institutions participated in the voting, casting a total of more than 7,900 votes. 47 winners from various categories were recognized at the Awards. Among the winners, China Resources Beer (Holdings) Company Limited (stock code: 00291), Fortune Real Estate Investment Trust (stock code: 00778), and Xtep International Holdings Limited (stock code: 01368) were awarded Overall Best IR Company by company size - Large Cap, Mid Cap, and Small Cap - respectively.
The HKIRA 8th IR Awards 2022 is once again honoured to have Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG at, The Hang Seng University of Hong Kong, as the Chairman of the Judging Panel. Being an advocate of IR best practice among Hong Kong listed companies, Professor Cheng has in recent years been researching on how ESG impacts investors' decisions. Observing its increasing importance, ESG-related awards have been added to the HKIRA IR Award categories since 2020. With ESG investing becoming increasingly mainstream in the professional investment community and ESG ratings often being used by investors, Professor Cheng has also been looking into the topic of score divergence (i.e. disagreement) among commercial ESG raters, and how such divergence affects or benefits investors.
Public nomination for the HKIRA 8th IR Awards 2022 is now open to Hong Kong-listed companies. Nominated individuals and companies will be placed on the online voting list upon confirmation of their participation. The investment community, including buy-side and sell-side analysts, and fund managers, are eligible to vote. Nominees with the highest votes (weighted) in each award category become the award winners. They then undergo a final assessment by the judging panel for the Most Progress in IR, the Overall Best IR Company Awards and the Grand ESG Award. Facilitating a fair and balanced evaluation, the judging panel comprises academics, representatives from professional associations and the investment community.
The HKIRA 8th IR Awards 2022 scheme has a total of 15 award categories honouring best IR practices of individuals and companies. Among these awards, 12 categories are open for nomination and voting, while the other 3 awards are selected by the judging panel. The award winners are to be announced at a ceremony to be held in Hong Kong in September 2022. For more information, please visit www.hkira.com/awards.
Strategic Public Relations Group is once again proud to be the Official Public Relations Partner and the Diamond Sponsor for the HKIRA IR Awards this year. Please find key dates relating to the Awards with its categories and criteria for selection listed in the Appendix.
About HKIRA Hong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.
HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1000 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 68% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA's members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.
About the IR Awards The HKIRA Investor Relations Awards (the "IR Awards") is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.
The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year's achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards.
Appendix Key Dates Nomination period: 12 April to 17 May Online voting period: 23 May to 29 June Judging Panel Meeting: July 2022 Award Presentation: September 2022
Award Categories Award Categories / Recognition / Selection Method Best IR Company / Company's Achievements / Open for nomination and online voting Best IR Team / Company's Achievements / Open for nomination and online voting Best ESG (E) / Company's Achievements / Open for nomination and online voting Best ESG (S) / Company's Achievements / Open for nomination and online voting Best ESG (G) / Company's Achievements / Open for nomination and online voting Best Investor Meeting / Company's Achievements / Open for nomination and online voting Best Investor Presentation Material / Company's Achievements / Open for nomination and online voting Best Annual Report / Company's Achievements / Open for nomination and online voting Best IR Company for an IPO* / Company's Achievements / Open for nomination and online voting Best IR by Chairman/CEO / Individual's Achievements / Open for nomination and online voting Best IR by CFO / Individual's Achievements / Open for nomination and online voting Best IRO (Investor Relations Officer) / Individual's Achievements / Open for nomination and online voting Most Progress in IR / Demonstration of the most progress in IR in the above areas during 2021 / Selected by Judging Panel Overall Best IR Company Awards / Outstanding and all-round excellence in the above areas / Selected by Judging Panel Grand ESG Award / Overall excellence in all the three areas across ESG / Selected by Judging Panel
* Companies which were listed on the Stock Exchange of Hong Kong in 2020 and 2021 are eligible to be nominated for this award. Remarks: All awards will be further categorised by company market capitalisation into Large Cap, Mid Cap, and Small Cap, except Best IR Company for an IPO and Most Progress in IR Awards.
Judging Panel (Arranged in alphabetical order of last name) Name Title Firms / Organizations Professor Louis Cheng (Chairman of Judging Panel) / Dr. S H Ho Professor of Banking and Finance, Director of the Research Centre for ESG, Director of the Research Institute for Business / The Hang Seng University of Hong Kong Mrs Amy Donati / Executive Director and Chief Executive Officer / EDICO Holdings Limited Ms Ashley Khoo, CFA, CPA / Past President and Board Director / CFA Society Hong Kong Mr Andrew Look / Independent Non-Executive Director / CITIC Resources Holdings Limited Ms Victoria Mio, CFA, FRM / Head of Equity Research, Asia Pacific / Fidelity International Dr Maurice Ngai / General Committee and the Chairman of Membership Services of the Sub-Committees / Chamber of Hong Kong Listed Companies Mr Wilfred Yiu / Managing Director and Co-Head of Markets / Hong Kong Exchanges and Clearing Limited
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comHong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 8th IR Awards 2022 (the 'Awards').
KLANG, Malaysia, Apr 8, 2022 - (ACN Newswire) - LTKM Berhad (LTKM), a leading chicken egg producer, today announced a composite proposal, chiefly to divest the Company's existing business and venture into the business of providing of electronic manufacturing services (EMS) while at the same time, rectify its non-compliance with the public spread requirement of its shares under the listing requirements of Bursa Securities Malaysia Berhad.
Chai Voon Sun, co-founder and Managing Director of Local Assembly [L] and Executive Chairman of LTKM, Datuk Tan Kok
Wee Thian Song - Co-founder, Executive Director and Engineering Director of Local Assembly; Gurmakh Singh - Co-founder, Executive Director and General Manager of Local Assembly; Datuk Seri Chiau Beng Teik - Executive Chairman of Chin Hin Group Berhad; Chai Voon Sun - Co-founder and Managing Director of Local Assembly; Datuk Tan Kok - Executive Chairman of LTKM; Tan Kah Poh, Kenny - Independent Director of LTKM; Rahman Ali Bin Abdul Wahab - Director of Proven Venture Sdn. Bhd. [L-R]
Executive Chairman of LTKM, Datuk Tan Kok said, "At its core, the proposals seek to reward our shareholders from the proceeds of the disposal of the Company's existing poultry business while at the same time, allow them to continue participating in the new EMS business following the proposals."
"The proposed disposal comes amid the challenging operating landscape for the poultry industry brought on by overcapacity, low average selling price of eggs, high raw material prices, difficulty in controlling disease outbreaks in the farms and acute labour shortage. In relation to these challenges, we have also incurred losses in the recent financial years ended 31 March 2020 to 2021 and for the nine-month period ended 31 December 2021. This has affected our ability to pay dividends too."
"Concurrent with the proposed disposals, we believe the proposed acquisition of the EMS business is an opportunity to create value for our shareholders through a business that is viable and profitable."
Briefly, the proposals comprise the following inter-conditional steps:
1. Proposed disposal of LTKM's existing business to Ladang Ternakan Kelang Sdn Bhd (LTKSB) for a total cash disposal consideration of RM158.83 million. LTKSB, which holds 71.6% of the equity interest in LTKM, is also the holding company of LTKM;
2. Proposed special dividend and capital repayment of RM1.1098 per LTKM share totalling RM158.83 million on an entitlement date to be determined;
3. Proposed consolidation of two existing LTKM shares into one LTKM share following the proposed special dividend and capital repayment;
4. Proposed acquisition by LTKM, of 100.0% equity interest in Local Assembly Sdn Bhd (Local Assembly) from Chai Voon Sun, Gurmakh Singh a/l Ajmer Singh, Wee Thian Song, Divine Inventions Sdn Bhd and Proven Venture Sdn Bhd (Vendors) for RM336.00 million to be satisfied through cash of RM100.00 million and the issuance of 393,333,333 new LTKM shares at an issue price of RM0.60 each;
5. Proposed restricted issue of 230.00 million new LTKM shares at an indicative issue price of RM0.60 each, representing 33.1% of the enlarged share capital of LTKM after the proposals to investors to be identified;
6. Proposed exemption to the vendors and persons acting in concert from the obligation to undertake a mandatory take-over offer to acquire the remaining LTKM shares not already owned by them upon completion of the proposed acquisition; and
7. Proposed change of name to "LA Technology Berhad" from "LTKM Berhad".
The proposed acquisition will result in a significant change in LTKM's business direction from a producer of chicken eggs to becoming an EMS provider. Local Assembly, an EMS provider, will become a wholly-owned subsidiary of LTKM while the vendors of Local Assembly will become LTKM's controlling shareholders with a 56.6% equity interest in the Company following the proposed acquisition and proposed restricted issue. By virtue of his shareholding in Divine Inventions, Datuk Seri Chiau Beng Teik, the Executive Chairman of Chin Hin Group Berhad, will become a major shareholder of LTKM.
Under the proposed acquisition, the vendors have provided a profit guarantee for Local Assembly of a minimum profit after tax (PAT) of RM28.00 million for the financial year ending 31 December 2022 or not less than an aggregate of RM50.00 million PAT for both financial years ending 31 December 2022 and 2023. Based on the guaranteed PAT of RM28.00 million for the financial year ending 31 December 2022, the purchase consideration represents a price to earnings multiple of 12 times.
For Chai Voon Sun, co-founder and Managing Director of Local Assembly, the listing of Local Assembly via LTKM means a realisation of 2 decades of hardwork for him and his co-founders and a step forward in the company's journey of growth and expansion. "This transaction is a major milestone for Local Assembly. We look forward to the next phase of our corporate journey as a listed entity, which will further accelerate our growth as an EMS player, allow us to expand our customer base and product offerings and pursue more opportunities" he adds.
Local Assembly, which started operations in 2000, is a manufacturer of electronic, electrical and plastic injection moulded components, and sub-contract assembler of electrical appliances and equipment. Its principal markets are Malaysia and Singapore. For the financial year ended 31 December 2022, Local Assembly achieved PAT of RM20.06 million on the back of a revenue of RM116.35 million.
The application for the proposals is expected to be submitted to the relevant authorities by the second quarter of 2022. Subject to approvals from relevant parties including Securities Commission, Bursa Securities Malaysia Berhad as well as shareholders of LTKM, the proposals are expected to be completed in the first half of 2023.
M & A Securities Sdn Bhd is Adviser to LTKM for the proposals.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comLTKM Berhad (LTKM), a leading chicken egg producer, today announced a composite proposal, chiefly to divest the Company's existing business and venture into the business of providing of electronic manufacturing services (EMS) while at the same time, rectify its non-compliance with the public spread requirement of its shares under the listing requirements of Bursa Securities Malaysia Berhad.
Singapore, Apr 5, 2022 - (ACN Newswire) - 2022 continues to be a challenging year for APAC's HR leaders as companies return to the workplace, refresh talent strategies, and reimagine the future workforce to optimise business impact. HR Tech Festival 2022, organized by HRM Asia, returns May 10-13 to celebrate its 21st anniversary in a hybrid event format with a week-long of activities and programmes curated for the region's HR community, global influencers, and industry experts to learn, collaborate, and inspire.
With the theme of Return. Refresh. Reimagine, HR Tech Festival Asia 2022 will be presented in a hybrid format that is designed to provide an immersive and customisable event experience for attendees' needs and preferences. The 4-day event will bring together 4,000 attendees, 200 global and regional speakers and 30 international innovative brands.
Joanna Bush, Managing Director, HRM Asia, says, "HR Tech Festival Asia is celebrating 21 years as Asia's leading HR tech event, and we are looking forward to bringing Asia's HR community back together in 2022. HR Tech Festival Asia 2022, which will return both in-person and online, will present a week-long offering of exciting programmes and activities that will allow you to personalise your own unique festival experience."
"With 2022 shaping up to be a complex but interesting year for HR, we invite you to join the biggest gathering of the region's HR community, global influencers, and industry experts to learn, collaborate, and inspire, as we continue to shape the world of work together."
It's time for a reunion like no other at the first in-person HR event in Singapore
On 10 May, step out from the virtual to real life to re-establish your connections with the HR community in-person at HR Tech Festival Live, a one-day in-person event under the week-long HR Tech Festival Asia 2022.
Kicking off the highly anticipated in-person event at Suntec Exhibition & Convention Centre is Mr Zaqy Mohamed, Senior Minister of State, Ministry of Manpower and Ministry of Defence, Singapore, who is the Guest of Honour with his opening remarks at 10am (SGT).
Attendees can then expect to be refreshed with high-energy, engaging presentations on cutting-edge ideas, and illuminating sessions on key HR topics such as:
- The Future of Human Development - Understanding ASEAN's vision and innovation for a changing world. - Humanising Transformation - Enabling sustainable growth for people and workers. - Weathering the Talent Management Storm from Inside Out - A strategic response to the changing talent landscape. - Leadership Staying Power: Preparing for the future. - Skills are the New Currency in the New World of Talent Management - How you can prepare your organisation and people for this. - Modern Work: A Fresh New Look at the Future - Providing a new perspective into the future of work.
Featured speakers at HR Tech Festival Live include:
- Stephanie Nash, Chief People Officer, Circles.Life, Co-Founder & Chief People Officer, Thrive HR Exchange - Low Peck Kem, Chief Human Resources Officer & Advisor (Workforce Development), Singapore Public Service Division - Sara Tiew, Head of Workforce Transformation and Analytics, UOB & World Economic Forum Future of Work Fellow - Grace Huang, Head of People & Organisation, Siemens - Rashmi Mishra Sharma, Head of People & Capability Building, GovTech Singapore, and Consultant at Harvard Business School - Corporate Learning - Dr Bob Aubrey, Founder & Chair of the Advisory Board, ASEAN Human Development Organisation (AHDO) - Eddie Lee, HR Technology Strategist, Future of Talent Economy (FOTE) Network
HR Tech Festival Live will also be shining a spotlight on the best of HR in Asia with the HR Fest Awards 2022, which is celebrating the outstanding achievements of the region's top HR leaders, companies, and teams from across both the private and public sectors.
23 deserving finalists are vying for the top award in five exciting categories, including Best Workplace Culture and Engagement, Employer of Choice, HR Team of the Year, Best Use of Technology, and Best HR Leader. The winners will be announced live and in-person at the award presentation on May 10 at Suntec Exhibition & Convention Centre Singapore.
Connecting virtually, reimagining the future of HR collectively
For those who wish to be part of HR Tech Festival Asia 2022 remotely, HR Tech Festival Online, taking place from May 11-13, offers the ideal virtual platform to learn from global and regional HR experts, discover innovative solutions, and build virtual connections through a series of programmes and activities over the three event days. Mr Heng Swee Keat, Singapore's Deputy Prime Minister and Coordinating Minister for Economic Policies, will be giving the opening address at 9am (SGT) as the Guest of Honour.
Making a debut this year is the ASEAN Human Development Organisation (AHDO) Summit, which will examine how to improve human development at work. ASEAN's national HR Association, thought leaders, and the ASEAN professional community will come together virtually on May 11 to discuss, debate, and establish a balance of economic and human development to the most diverse region in the world.
Dr Bob Aubrey, Founder and Chair of the Advisory Board, AHDO, says, "COVID has been a game changer and the HR Community has shown unprecedented leadership in enabling organisational resilience that allows companies to adapt and innovate. To see where this goes next, you do not want to miss the AHDO Summit at HR Tech Festival Asia 2022, which highlights the new human development dimension in companies across the ASEAN region."
As organisations look to advance workplace gender equity, the Women in HR Technology Summit is a must-not-miss for HR leaders in Asia. Taking place virtually on May 11, the Asia-exclusive and popular half-day conference will take place alongside HR Tech Festival Online. Programme Chair Jeanne Achille, Founder and CEO of The Devon Group, will lead an esteemed line-up of female HR leaders such as Ruby Kolesky, Co-CEO and Heart of Product, Joyous and Lydia Wu, Head of Talent Analytics and Transformation, Panasonic, in offering insights into key technologies that can help drive gender equity in the workplace.
Attendees can also look forward to the HR Leaders' APAC Summit taking place virtually on May 11 and hear from luminaries such as Josh Bersin, Global Industry Analyst and CEO of the Josh Bersin Company; Mervyn Dinnen, Author and HR & Talent Acquisition Analyst; Gary Cookson, Director, EPIC HR; and Margaret Heffernan, Author and Professor of Practice, University of Bath, as they address the business challenges and critical priorities facing HR leaders today.
The prestigious and popular ASEAN Future of Work, organised in collaboration with Ministry of Manpower Singapore and the Regional Centre for the Future of Work, is also back for its third run virtually. Themed "Navigating Labour Market Recovery: A Balancing Act for Businesses, Workers and Governments", the half day conference features speakers from regional governments, unions, and the public sector, who will share insights on how they put people first in their strategies to recover from the pandemic.
Speakers such as Deanna Ong, Chief People Officer, Government of Singapore Investment Corporation (GIC) and Jason Seng, Partner, People Advisory Services - Workforce Advisory, Ernst & Young Advisory will also discuss how different stakeholders can work together to balance varying needs and interests, as ASEAN adapts to post-COVID business models and ways of working.
Innovation and technologies to support organisations to refresh and reimagine HR strategies
HR Tech Marketplace, which is taking place from May 10-13, will present the biggest showcase of HR solutions and products from global and regional solution providers under one roof. These include ADP, AMS, Ceridian, Coursera for Business, Cornerstone, Globalization Partners, LinkedIn, Microsoft, Oracle, ServiceNow, Skillsoft, SumTotal, Top Employers Institute, and Workforce Singapore (WSG).
Technologies and products on offer cover the entire spectrum of HR and attendees can choose to engage in-person or virtually with the exhibitors for a consultation on how they can support their HR transformation needs or view a product demonstration. Attendees can also glimpse into the future where innovative solutions and upcoming technology may emerge as the new norm of the future through the Start-up Hub.
HR Tech Festival Asia 2022 is proud to partner with ASEAN Human Development Organisation and its regional HR association members and organisations to curate the event to meet the needs of the HR profession and contribute to the development of the profession.
HR Tech Festival Asia 2021 will take place on 10 May 2022 at Suntec Exhibition & Convention Centre and 11-13 May 2022 virtually. For more information, visit www.hrtechfestivalasia.com.
About HRM Asia
HRM Asia is a multi-platform network helping to build and celebrate the professional HR community in Asia-Pacific. Across our dedicated print magazine, digital content, and world-class events, we provide an array of thought-leading HR discussion and information to HR professionals of all ranks in Singapore and across the region.
HRM Asia is proudly owned by LRP Publications. LRP Publications is a broad-based media company serving business and education professionals. Specialising in the fields of education administration, education law, education technology, federal employment, human resources, workers' compensation and disability, and ergonomics, the company publishes hundreds of books, pamphlets, newsletters, videos and online resources.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com2022 continues to be a challenging year for APAC's HR leaders as companies return to the workplace, refresh talent strategies, and reimagine the future workforce to optimise business impact.
Malang, East Java, Indonesia, Apr 4, 2022 - (ACN Newswire) - An agricultural start-up initiated by three students from Malang's Brawijaya University whose app, Chickin, has been downloaded by a thousand farmers across Indonesia, has made the Forbes 30 Under 30 list. According to the founders, the application uses Internet of Things (IoT) and artificial intelligence (AI) to enhance the productivity of farmers by up to 25 percent.
Universitas Brawijaya (UB) in Malang, East Java, Indonesia (ANTARA/ HO/ Universitas Brawijaya)
Chickin, hatched at UB/U.Brawijaya by founders Ashab, Tubagus and Ahmad (Chicken.ID Website / Malang, Indonesia)
The app was developed by agrotechnology student Ashab Alkahfi, who is serving as the President of Chickin, Tubagus Syailendra from international relations, who is serving as CEO/Chief Executive Officer, and Ahmad Syaifullah from information systems, serving as the CTO/Chief Technology Officer.
"Based on initial research, we developed the app in Klaten, Central Java. We built poultry coops as farmers and began our poultry business where we found a number of challenges faced by local farmers. From there, we tried to solve these challenges by means of technology," Alkahfi explained.
The application allows farmers to control the micro-climate inside chicken coops from a distance. Through the technology, farmers can input data, including daily, sales, and production data, to enhance performance and make it more measurable and at the same time, minimize risks through preventive measures.
The app also offers a number of features for management of the poultry farm, including data and IoT configuration adaptable to climate, temperature and humidity, as well as recording the age of each poultry. Aside from partnering with 14 poultry farms, Chickin has established cooperation with 100 poultry suppliers in the food industry.
Alkahfi said he hopes the app will bring ease to farmers and have a positive impact on them, adding that the farming modernization technology was developed free of charge under Brawijaya University's Entrepreneur Incubator.
Chickin has seen 22-fold growth in the last 10 months and closed a funding round of Rp35 billion with three global investors. The company is targeting to increase revenue to Rp500 billion by the end of 2022.
So far, Chickin Indonesia is not only assiting one thousand farmers across the nation, but the company is committed to developing the technology to minimize the use of antibiotics for organic chicken through coop micro-climate control and providing training to poultry farmers free of charge to modernize Indonesian poultry farms.
For more information, Chickin Indonesia is online at https://chickin.id/. Written by: Aria Cindyara, Editor: Rahmad Nasution (c) ANTARA 2022
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAn agricultural start-up initiated by three students from Malang's Brawijaya University whose app, Chickin, has been downloaded by a thousand farmers across Indonesia has made the Forbes 30 Under 30 list.