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The bitcoin and ethereum options on Deribit, one of the largest crypto derivatives exchange, expired earlier today. This month saw the largest open interest in...

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CapitalXtend Introduces Gold Coin Rewards for its VIP Partners

CapitalXtend, the leading investment platform that empowers its clients and partners with robust and intuitive trading tools has introduced Gold coin rewards to honor its VIP Partners for their long-held association, trust, and remarkable contributions.

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The multi-asset platform has globally announced the distribution of Gold coins for its partners to celebrate their impressive achievements under the CapitalXtend Partners Program. The reward distribution is a token of appreciation for all the dedicated partners whose performance and commitment has reached outstanding levels and has boosted CapitalXtend's global community of successful investors.

CapitalXtend's Founder & CEO, Mr. Philippos Tsangaris, says:

“We saw the partner program accelerate in 2021, and the recent quarters continue to present a strong track record of growth. CapitalXtend saw a 214% increase in the number of new registrations and it is only fair to make the program more rewarding in order to embrace and appreciate our esteemed partners.”

About the Partnership Program

CapitalXtend's Partners Program is a revolutionary opportunity to earn accelerating income through referrals. Equipped with contemporary technology solutions and tailored to match the needs of potential partners, the program provides best-in-industry rebates, tools, and instant withdrawals.

About CapitalXtend

CapitalXtend is a new-age investment platform that has enabled a state-of-the-class trading journey for over thousands of traders and investors. Since 2005 the feature-rich platform provides 300+ instruments across Forex, Stock CFDs, Spot Metals, CFD Indices, Spot Energies, and Cryptocurrencies along with years of experience & guidance onboard.  

It is a globally trusted financial service provider committed to revolutionizing the trading experience in the financial world with best-in-class offerings, technology-oriented services, the safety of funds, and 24/7 dedicated customer support.

Disclaimer:

CapitalXtend Group Ltd is incorporated in the Republic of Kazakhstan, registered as a Financial Services Provider with the Ministry of Economy, and regulated by the Financial Commission.

Media Contact

Company Name :- CapitalXtend Group Ltd

Email Id :- marketing@capitalxtend.com

Company Website :- https://www.capitalxtend.com


ACROMETA clinches record $31 million contract for semiconductor industry

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SINGAPORE, Apr 22, 2022 - (ACN Newswire) - Catalist-listed AcroMeta Group Limited (ACROMETA; SGX: 43F), today announced that its wholly owned subsidiary AcroMec Engineers Pte Ltd (ACROMEC) has won a $31 million contract for the fit-out of an additional floor within the existing integrated advanced manufacturing facility in Singapore of a leading high-tech customer. When completed in 2023, the expansion will substantially increase its manufacturing capacity.

ACROMEC's specialties in controlled environment engineering

The ability to succinctly and precisely control physical variables such as temperature, air purity, humidity, and pressure in facility, like the product manufacturing space is a mission critical requirement. ACROMEC is ready to take on this project with the requisite track record, having completed numerous projects in clean rooms, laboratories and advanced manufacturing facilities.

Completion of previously announced project for Nasdaq-listed Genscript Biotech's Singapore R&D and manufacturing facility

ACROMEC'S strong track record is also seen having, earlier on, successfully completed the prestigious contract for the design and construction of Genscript's R&D and production laboratory facilities where they are used for the manufacture of the first-in-world C-Pass Serological Test Kit by the Duke University-NUS Medical School collaboration. C-Pass is a game-changing blood testing kit that determine a person's level of immunity against COVID-19 after vaccination.

Strong outlook for ACROMETA's controlled environment engineering business

ACROMETA Co-Founder, Chairman and CEO Lim Say Chin is heartened by the sizeable contract win. It reflects well on the high level of confidence that our Customer has on us. He said, "We are optimistic on the growth of our controlled environment business. Our business is well positioned for the Post-COVID world. We are having more customers investing in building facilities again for the future, both to prepare for the next pandemic and to prepare for technological growth. Indeed, we see activities building up in the biotechnology and semiconductor sectors, and we are glad to serve this space."

The contract is expected to commence soon and will materially contribute positively to the earnings per share and net tangible assets per share of the Group for the financial year ending 30 September 2022.

SGXNET Reference: https://tinyurl.com/SGX-43F-20220422

About AcroMeta Group Limited [SGX: 43F] [RIC: ACRI.SI] [BB: ACRO.SP]

AcroMeta Group Limited (previously AcroMec Limited) is an established specialist engineering services provider with more than 20 years of experience in the field of controlled environments. The Group has over the years acquired expertise in the design and construction of facilities requiring controlled environments such as laboratories, medical and sterile facilities and cleanrooms.

ACROMETA's business is divided into two main segments: (i) Engineering, procurement, and construction services, specialising in architectural, and mechanical, electrical and process works within controlled environments; and (ii) Maintenance and repair services of facilities and equipment of controlled environments and their supporting infrastructure.

The Group mainly serves the healthcare, biotechnology, pharmaceutical, research and academia, and electronics sectors. ACROMETA counts amongst its customers, hospitals and medical centres, government agencies, research and development companies or agencies, research and development units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies.

The company has been listed on the Catalist board of the SGX since 2016, and became AcroMeta Group Limited (previously AcroMec Limited) on February 18, 2022. For more information, please visit www.acrometa.com.

Media and Analysts Contact:
ACROMETA Group Limited
Mr Jerry Tan
Chief Financial Officer
Tel: +65 6415 0574
Email: jerry.tan@acromec.com

Waterbrooks Consultants Pte Ltd
Mr Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg

This media release has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Joseph Au, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comCatalist-listed AcroMeta Group Limited (ACROMETA; SGX:43F), today announced that its wholly owned subsidiary AcoMec Engineers Pte Ltd (ACROMEC) has won a $31 million contract for the fit-out of an additional floor within an existing integrated advanced manufacturing facility in Singapore of a leading high-tech customer.

Januarie is proud to serve as a National Park Ranger

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SARAWAK, Malaysia, Apr 13, 2022 - (ACN Newswire) - A deep interest in forestry prompted Januarie Kulis, 37, to turn this field into a career. She has been the Niah National Park Ranger since 2011, and has never regretted leaving the city's busy atmosphere and making flora and fauna as her 'office'.

Born in Sibu, Sarawak, Januarie is a graduate in Bachelor of Forestry Science from Universiti Putra Malaysia and has been with the Sarawak Forestry Corporation since 2006.

As park ranger, Januarie is responsible for managing overall field operations at Niah National Park including protection and conservation, management and eco-tourism.

"When I graduated from university, I chose to work in this field. I wanted to be a part of the process of conservation and protection of this treasure. Now, I have the opportunity to be directly involved in conserving and protecting the invaluable natural world."

While this career seems tough and far from the perception of every woman's dream job, Januarie never considered her job as a challenge because she was doing the job she loved.

For Januarie, many valuable memories and experiences can be enjoyed that may not be available through other careers. She is able to meet and engage with different communities through the programmes conducted.

"Many tourists think that all national parks in Sarawak are the same until they visit every national park in the state. Each national park in Sarawak has its own value and provides a different experience for each visitor.

"In Niah National Park, there are four significant attractions, which are archaeological historical sites, swiftlet nests (sarang burung walit), limestone and biodiversity," she said.

Niah Cave is in the hinterland of Miri, Sarawak and has been gazetted as a historic site under the authority of the Sarawak Museum and located within the Niah National Park which is protected by the National Park and Nature Reserve Ordinance.

Januarie said that due to the Covid-19 pandemic, Niah National Park had to be closed for a period of time. However, they are ready to reopen the national park with stricter Standard Operating Procedures (SOP) in compliance with the recommendations of the Ministry of Health Malaysia (MOH).

"The tourism industry plays an important role in connecting this national park with the public as well as generating economic income. National parks can provide many benefits in terms of physical, spiritual and mental."

"Those who love nature will be able to enjoy peace at this park. Eco-tourism has many benefits and can build a healthy society," she said.

Eco-tourism is one of the main themes of tourism activities in Sarawak. Now, many city dwellers have begun to appreciate the values of nature as a therapeutic tool to get away from the congestion of city life.

The flora and fauna found in Sarawak is unique and has an undeniable diversity, both for researchers and the general public. Iconic species such as orangutans, rafflesia flowers and a variety of habitats provide an exciting experience for tourists.

Meanwhile, according to a Sarawak Forestry Corporation (SFC) spokesperson, efforts to make Gua Niah National Park recognised as a World Heritage Site by the United Nations Educational, Cultural and Scientific Organization (UNESCO) is underway.

"Niah National Park has been listed in the category of 'MIXED PROPERTIES' which means it has both advantages in terms of nature and culture that can be highlighted and has the opportunity to compete with other candidates in the world," she said.

Niah National Park: https://niahnationalpark.my/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comA deep interest in forestry prompted Januarie Kulis, 37, to turn this field into a career. She has been the Niah National Park Ranger since 2011, and has never regretted leaving the city's busy atmosphere and making flora and fauna as her 'office'.

Black Spade Capital Launches its First Ever Limited Edition Gift Set with L’OCCITANE en Provence Product

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HONG KONG, Apr 11, 2022 - (ACN Newswire) - This Easter, Black Spade Capital Limited ("Black Spade Capital") is giving the gift of wellbeing to its friends and business partners. This initiative also marks the first ever cross-over of the family office founded by Mr. Lawrence Ho with the leading French beauty and well-being house.

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Black Spade X L'OCCITANE Gift Box

Mr. Dennis Tam, President and CEO of Black Spade Capital, said, "It was a rewarding experience to see this idea turn from concept to reality. Black Spade Capital has always had a keen focus on the lifestyle and leisure space. L'OCCITANE, whose wide range of signature products are loved by so many around the world, is undoubtedly one of the most iconic brands in this sector. We enjoyed every bit of the process, from curating this collection to designing the gift set artwork. We put a lot of thought into deciding the theme of the gift set - we are very pleased with the final result and adore the revitalizing scent of this collection which, in my opinion, is particularly fitting for springtime. We believe our exclusive collection, available only in a limited quantity of 250 boxes, will be equally enjoyed by its recipients."

"We are very excited about this idea and hope that this meticulously crafted gift set will send our best wishes to our friends and associates - at a time when personal well-being is more important than ever," added Mr. Tam.

About Black Spade Capital Limited
Black Spade Capital Limited ("Black Spade Capital") is an established family office managing the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade Capital's investment strategy maximizes coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, medical technology, leisure and culture, green energy, real estate to pre-IPO investments. In July 2021, Black Spade Acquisition Co (NYSE: BSAQ), a special purpose acquisition company of which a subsidiary of Black Spade Capital is sponsor, was listed on the New York Stock Exchange.

Media Enquiries:
Strategic Financial Relations Limited
Vicky Lee Tel: +852 2864 4834 Email: vicky.lee@sprg.com.hk
Christina Cheuk Tel: +852 2114 4979 Email: christina.cheuk@sprg.com.hk
Website: www.sprg.com.hk


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThis Easter, Black Spade Capital Limited ("Black Spade Capital") is giving the gift of wellbeing to its friends and business partners.

G3 Global Gets Shareholders’ Nod for Healthcare Venture and Three Other Resolutions

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KUALA LUMPUR, Apr 8, 2022 - (ACN Newswire) - Artificial Intelligence specialist G3 Global Berhad (G3) has cemented its entry into the higher-margin Healthcare business - beginning with the sale of COVID-19 test kits - after it received approval from its shareholders today. Via a virtual Extraordinary General Meeting (EGM), the shareholders also approved a cash call to grow the Healthcare and ICT divisions; a higher limit to issue new shares; and the engagement in related party transactions (RPT).

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Dirk Quinten, Managing Director

Four resolutions were tabled at the EGM, all of which received approval by the voting shareholders. The first resolution was on the proposed diversification into healthcare-related business, whereas the second resolution was on a proposed private placement of up to 432,849,300 new ordinary shares or 20% of G3's total issued shares. The new shares will be issued to independent third-party investors to be identified at a later stage, and the funds raised will be used to expand G3's Healthcare and ICT businesses.

In addition, the third resolution was to increase the limit for authority to allot and issue shares from 10% to 20%, while the fourth resolution proposed a new shareholders' mandate for recurrent RPTs.

Mr. Dirk Quinten, Managing Director G3 Global Berhad said: "The strong approval we received from the shareholders today is indicative of their confidence in the management and the strategic business directions of the Group. Moving forward, G3 will expand its footprint in the Healthcare segment by leveraging on the technology from our partners, i.e. SenseTime and Bestinet Group, as we strive to be more than just a test kits supplier. We are also looking at providing tech-driven healthcare support services to local public and private hospitals and this would offer a good recurring income stream for the Group.

With regards to the private placement exercise, we already have a few parties expressing their interest in G3 as a forefront Artificial Intelligence company supporting the healthcare sector. The prospective investors believe in the value proposition that G3 could bring, especially after the acquisition of Bestinet Healthcare Sdn Bhd last year."

G3 acquired a 51% equity stake in Bestinet Healthcare on 8 September 2021. The principal activities of Bestinet Healthcare are mainly related to pharmaceuticals and medicines & health products. The shareholding in Bestinet Healthcare will help to boost G3's revenue and allow exploring additional business opportunities in the future. The Group will also leverage on its in-house Artificial Intelligence capabilities to innovate new products and services for the healthcare business.

G3 Global: https://g3global.com.my/
G3 Global: 7184 / [BURSA: G3G] [RIC: GLOA:KL] [BBG: G3G:MK]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comArtificial Intelligence specialist G3 Global Berhad (G3) has cemented its entry into the higher-margin Healthcare business - beginning with the sale of COVID-19 test kits - after it received approval from its shareholders today. Via a virtual Extraordinary General Meeting (EGM), the shareholders also approved a cash call to grow the Healthcare and ICT divisions; a higher limit to issue new shares; and the engagement in related party transactions (RPT).

MineDollars Introduces Users To The World Of Passive Income… | Global Live Breaking Crypto News | Metaverse News

In the cryptocurrency sector, mining cryptocurrencies is without doubt one of the greatest methods to earn.  Mining cryptocurrencies like Bitcoin and Ethereum, alternatively, may be expensive because of the want for high-end laptop machines. Furthermore, the expense of sustaining these units is big and out of attain for the standard crypto fanatic. This is why […]

The post MineDollars Introduces Users To The World Of Passive Income… | Global Live Breaking Crypto News | Metaverse News appeared first on Bitcoin Upload.

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Cryptocurrency & Bitcoin IRA Tax Rules | Bitcoin IRA

How Is Crypto Taxed in the United States? It’s important for investors, including those with cryptocurrency IRAs, to understand how taxes affect their accounts. Cryptocurrencies are treated as property according to the IRS, just like many other investments. Every sale may cause a taxable event, with only a few exceptions. But if you hold your […]

The post Cryptocurrency & Bitcoin IRA Tax Rules | Bitcoin IRA appeared first on Bitcoin IRA | Official Bitcoin Retirement Account Investment.

Mytopsporstbook: Metaverse Takeover – Companies Like Nike, Ralph Lauren and the NFL Leading the Way

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionPRESS RELEASE. March 2022 – MyTopSportsbooks.com publishes their METAVERSE article showing just how parallel this virtual universe is to our reality. Mainstream Companies Take Their Cut With several traditional companies on the fence about this traditionally intangible virtual world, other big brands are taking the leap into the virtual abyss. Ralph Lauren reported to be […]

Business Boomer Launches $BOOMER Token Presale

Stockton, California, Apr 1, 2022 - (JCN Newswire) - Business Boomer, an email marketing and OTP service provider merged with digital currencies, has announced the launch of its token pre-sale. The pre-sale, which kicked off on March 24th, 2022, will end in April or after the required amount is realized. With a soft and hard cap of 600 BNB and 800 BNB, respectively, Business Boomer has simplified the entry process, thus breaking an existing entry barrier - complexity.

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Potential pre-sale token buyers will have to download MetaMask wallet from any device, add a token contract with the symbol; BOOMER, then transfer BEP-20 BNB to the Boomer contract address. With a minimum of 0.1 BNB and a maximum of 10 BNB, Business Boomer aims at running a genuinely decentralized network devoid of one-sided ownership.

Business Boomer—an Email Marketing and OTP Service Provider

Since its inception in 2018, Business Boomer has been committed to providing sublime services to businesses worldwide. Business Boomer is leveraging cutting-edge technology to build super-rare and innovative products that empower customers' growth, who are into small and medium scale businesses.

Business Boomer aims to help accelerate the growth of businesses through SMS and email marketing. The goal is to provide a sustainable and long-term framework where businesses can conveniently connect with their audience, regardless of size.

Like most blockchain-based projects, Business Boomer has created a native token, $BOOMER. A Binance Smart Chain token built on the BEP-20 protocol, $BOOMER will facilitate this platform, helping businesses reach and exceed their promotion and marketing expectations.

Through $BOOMER, Business Boomer will hope to run a community-led project where token holders reserve the right to vote on suggestions proposed. Each token holder will have a vote in the collective expansion process.

Furthermore, Business Boomer will hold regular AMAs to gather feedback from users.

Business Boomer also intends to launch an NFT and play-to-earn game. To incentivize NFT holders, Business Boomer will distribute 25% of profit to its NFT holders from email and OTP order's income.

Static Rewards

Besides catering to clients' advertising needs, Business Boomer will incentivize long-term holders for their loyalty.

Delivering real-world and metaverse marketing and advertising services, Business Boomer will also offer rewards and several discounts to token holders. Community members will also receive token airdrops.

About Business Boomer

Business Boomer is an email marketing, and OTP service provider merged with digital currencies to deliver seamless and sublime solutions for the marketing and advertising industries. Introducing the concept of metaverse to the advertising industry, Business Boomer will enable businesses to run virtual adverts. With a native token, Business Boomer will hope to revolutionize the market while rewarding holders for their loyalty.

Social Links
Twitter: https://twitter.com/BusinessBoomer3
Discord: https://discord.com/invite/9FxvaS9mxu
Instagram: https://www.instagram.com/businessboomer20/
Facebook: https://www.facebook.com/Business-Boomer-105645308027075/

Media Contact
Brand: Business Boomer
Contact: Rimsha Gul, Marketing Head
Email: crypto@businessboomer.io
Website: https://businessboomer.io

SOURCE: Business Boomer



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

UPGRADE Announces Date for Its Whitelist, Presale, and Public Sale Events

Bangkok, Thailand, Apr 1, 2022 - (ACN Newswire) - UPGRADE, a platform that enables NFT collectors to increase the value of their NFTs, has released dates for its whitelist event, token presale, and public sale. The platform is an ecosystem of tools designed to revolutionize the NFT market. UPGRADE has been in operation since 2017 and has delivered over 50 services to the crypto and blockchain market. The platform is mainly targeting NFT collectors and NFT artists from developing countries.

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The non-fungible token (NFT) market is gradually becoming a force to reckon with in the crypto space. With a platform like UPGRADE, NFT collectors and artists can utilize the UPGRADE toolset to upgrade their NFTs. This is undoubtedly a revolutionary concept in the crypto industry. One of the core missions of UPGRADE is to ensure the NFT owners have the power over their creations.

The UPGRADE Whitelist Date

The UPGRADE project will allow some people to get early and guaranteed access to mint NFTs at a particular date and time. According to the UPGRADE team, whitelisting of NFT artists will begin on April 1st, 2022, at 5:00 AM GMT+0, and will close on May 15th, 2022, at 11:59 PM GMT+0.

To register for the whitelist, go to the UPGRADE website and click on the whitelist icon. After doing that, proceed to connect the Ethereum wallet address that will be used to buy the tokens. NFT artists and collectors should endeavor to input the correct address as the UPGRADE platform only accepts USDT, BUSD, and USDC as ERC-20 on the Ethereum network. It is important to note that the wallet number cannot be changed once it has been registered.

UPGRADE Presale

The token presale is scheduled to start on May 20th, 2022, at exactly 5:00 AM GMT+0, and will close on May 31st, 2022, at 11:59 PM GMT+0. UPGRADE presale will come in two batches, with the first back selling at $1, while the second batch will sell at $1.07 at a discount of 52% and 49%, respectively. As a result, 5 million tokens will be available for each batch of the presale.

Public Sale Date

The UPGRADE token public sale will commence on June 10th, 2022, at 5:00 AM GMT+0 and will close on September 30th, 2022, at 11:59 PM GMT+0. After the public sale event is complete, the team will burn all unsold tokens.

The UPGRADE Token ($XUP)

$XUP is an ERC-20 compliant token that serves as the governance token of the UPGRADE platform. It can also serve as the creative shop native token, and users can earn $XUP from by renting out their NFTs. With 100,000,000 in total supply, holders can exchange the ERC-20 $XUP token for a $XUP token on another blockchain network.

About the UPGRADE Platform

UPGRADE is a revolutionary platform that enables NFT artists and collectors to access tools that will help them upgrade and sell their NFTs at a higher price. The team is bringing "layer-2 NFTs" to the crypto space. Potential users can check the project whitepaper for more details. The team focuses on the long-term and sustainable results that will help NFT artists and collectors upgrade their passive income-earning ability. UPGRADE aims to enhance the rarity and value of the NFT. With UPGRADE, NFT collectors will be able to receive passive income from their NFT portfolio.

Social Media
Twitter: https://twitter.com/@UPGRADE_Tools
Discord: https://discord.gg/wrrhB4htx9
Telegram: https://t.me/UPGRADE_Official

Media Contact
Brand: UPGRADE
Contact: Phuttiporn Hongsurakul
Email: hello@upgrade.tools
Website: https://upgrade.tools/

SOURCE: UPGRADE



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Fullerton Fund Management appoints Ken Goh as Chief Investment Officer

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Singapore, Apr 1, 2022 - (ACN Newswire) - Fullerton Fund Management ("Fullerton") has appointed Ken Goh as Chief Investment Officer (CIO), effective 1 April 2022. Ken will report to Jenny Sofian, Chief Executive Officer (CEO).

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Mr. Ken Goh, CFA, Chief Investment Officer

As CIO, Ken will be steering the strategic direction for Fullerton's investment team. He will also oversee investment performance for all portfolios across equities, fixed income, alternatives, multi-asset and treasury management.

"Ken's appointment comes at an important time, as we grow our business and respond to the changing environment, as well as needs of clients. Ken's proven abilities, astute leadership and portfolio management expertise will be instrumental in driving the expansion of our investment capabilities to deliver investment excellence to clients," said Jenny Sofian, CEO.

Prior to his new role, Ken was Deputy CIO and Head of Equities at Fullerton. An industry veteran with almost 30 years of investment experience, he has deep and extensive expertise in managing portfolios and leading teams across different market cycles. At Fullerton, he spearheaded enhancements to investment processes and strategies, focusing on a high conviction, ESG-integrated investment approach. He was also instrumental in reinforcing the investment architecture at Fullerton, by driving collaboration across teams and investment platforms, and through the articulation of house views.

Before joining Fullerton in 2017, Ken held senior portfolio management and leadership positions at several local and international firms. His wealth of experience and tenacity makes him an ideal candidate to lead Fullerton's investment team.

"I am very excited to take on this role and work closely with our seasoned investment team to take advantage of market opportunities and drive investment growth for our clients," Ken said. "We have deep bench strength in the asset classes that we manage, and I am confident that our deep understanding of markets, strong investment platforms, and integrated, collaborative culture can unlock substantial value for investors."

Ken succeeds Patrick Yeo, who will be leaving Fullerton after 17 years. Patrick will remain at Fullerton till September, and will work with Ken and the investment team to ensure a seamless transition.

"We would like to thank Patrick for his contributions to Fullerton, and the role he has played in growing the core capabilities of the firm. We wish him well in his future endeavours," Jenny said.

About Fullerton Fund Management

Fullerton Fund Management Company Ltd ("Fullerton") is an Asia-based investment specialist, focused on optimising investment outcomes and enhancing investor experience. We help clients, including government entities, sovereign wealth funds, pension plans, insurance companies, private wealth and retail, from the region and beyond, to achieve their investment objectives through our suite of solutions.

Our expertise encompasses equities, fixed income, multi-asset, alternatives and treasury management, across public and private markets. As an active manager, we place strong emphasis on performance, risk management and investment insights.

Incorporated in 2003, Fullerton is headquartered in Singapore, and has associated offices in Shanghai, London, and Brunei. Fullerton is part of a multi-asset management group, Seviora, a holding company established by Temasek. NTUC Income, a leading Singapore insurer, is a minority shareholder of Fullerton.

For more information, please visit www.fullertonfund.com

Biography

Mr Ken Goh, CFA
Chief Investment Officer

Ken is CIO at Fullerton Fund Management. He sets the strategic direction for the investment team and is responsible for overseeing the investment performance of all portfolios. Ken also manages Fullerton's Global Absolute Alpha, Asia Focus and Asia Absolute Alpha Equities strategies.

Ken joined Fullerton in 2017 as Head of Equities and was additionally appointed Deputy CIO in 2020. He was previously CEO of CIMB Principal Asset Management's Singapore office. He was also concurrently Regional CIO and Regional Head of Equities. Before he joined CIMB Principal in 2007, he held various senior positions in APS Asset Management, MeesPierson Private Bank, Allianz Dresdner Asset Management and Philip Capital Management. Earlier in his career, Ken worked at the Government of Singapore Investment Corporation (GIC).

Ken graduated from National University of Singapore with a First-Class Honours in Business Administration. He is also a CFA charterholder.

For media queries, please contact:
Kamal Samuel
Email: fullerton@financialpr.com.sg
Mobile: 92294410

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comFullerton Fund Management has appointed Ken Goh as Chief Investment Officer (CIO), effective 1 April 2022. Ken will report to Jenny Sofian, Chief Executive Officer (CEO).

Weimob (2013.HK) Smart Retail sends SaaS revenues soaring 90.9%

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SHANGHAI, Mar 31, 2022 - (ACN Newswire) - Weimob Inc (2013.HK) released its 2021 financial report earlier this week (3-28), showing that its adjusted total revenue in 2021 reached 2.686 billion yuan, a record high, and its performance increased by 36.4% against the background of overcoming unfavorable factors such as downward pressure on the macro economy. After adjustment, the gross profit of RMB 1.517 billion increased by 51.3% year on year. Among them, the digital business sector achieved revenue of 1.967 billion yuan, an increase of 70.9% compared with 2020. Subscription solutions and merchant solutions in this sector achieved high growth of 90.9% and 47.5% respectively. The "WOS" new business operating system developed by Weimob Inc has been officially put into beta this month, and it may become a powerful engine to drive the future growth of Weimob Inc.

High-speed growth of business; SaaS revenue grows against the trend

In 2021, the persistence of the epidemic brought many challenges to consumers and To B enterprises. Weimob Inc focuses on the digital transformation and upgrading of enterprises, continuously strengthens the development of multi-product lines, further promotes the three strategies of "customization, ecology and internationalization", overcomes the adverse effects of external environment, and achieves the contrarian growth of performance. The financial report shows that the digital business income of Weimob Inc in 2021 was 1.967 billion yuan, an increase of 70.9% compared with 1.246 billion yuan in 2020. Among them, the revenue of Weimob Inc subscription solution (SaaS sector) reached 1.188 billion yuan, a substantial increase of 90.9% year-on-year. The number of paying merchants was 102,813, a year-on-year increase of 5.0%. The average income per user increased by 57.7% to 11,553 yuan.

At the same time, with the continuous promotion of TSO's full-chain marketing solution, the business solutions in the digital business sector of Weimob Inc have achieved good results. The financial report shows that in 2021, the business solution revenue was 779 million yuan, a year-on-year increase of 47.5%; The gross income of accurate delivery was 10.95 billion yuan, a year-on-year increase of 12.1%. The number of paying merchants increased by 26.7% to 57,909, and the average income per user was 13,454 yuan.

The financial report shows that the R&D expenditure of Weimob Inc in 2021 was 775 million yuan. Among them, the total investment of strategic projects such as the new business operating system WOS and the construction and operation of the middle platform reached 682 million yuan. Due to the increased investment in R&D and the merger and acquisition of Xiangxinyun and Haiding in 2021 and previous years, Weimob Inc lost 566 million yuan in adjusted net profit in 2021. However, these investments promote the cost reduction and efficiency increase of Weimob Inc. The financial report shows that the company has abundant cash flow, with cash and cash equivalents of 3.809 billion yuan, and its financial structure is healthy and sustainable.

The strategy of customization has achieved fruitful results, and internationalization has steadily advanced
The financial report shows that the reason why Weimob Inc achieved high revenue growth in 2021, benefiting from the core strategy of "customization, ecology and internationalization" of the group. With the support of TSO's full-chain marketing solution and smart retail and other key businesses, Weimob Inc's customization strategy achieved fruitful results. In the smart retail sector, in 2021, Weimob Inc's smart retail revenue was 426 million yuan, 193.6% year-on-year, and its share in subscription solution revenue further increased from 20.2% in 2020 to 36%. At present, the number of smart retailers in Weimob was 6,126, the number of brand merchants was 1,003, and the average order income of brand merchants per user was 234,000 yuan.

The Weimob smart catering business also achieved a breakthrough. In 2021, Weimob Smart Catering completed the technical and operation system layout of "three stores integrated and global operation". During the reporting period, Weimob's smart catering revenue was 53.616 million yuan, up 19.6% year-on-year, accounting for 4.5% of subscription solution revenue. There were 8,406 smart catering merchants, and the average order revenue per user of catering merchants was 17,000 yuan. By the end of 2021, Weimob smart catering customers accounted for 41% of China's top 100 restaurants; The revenue from catering orders accounted for 51%.

Promoting ecology, WOS New Business Operating System as a new growth engine

As one of its three core strategies, Weimob Inc's ecological strategy has also made remarkable achievements. In terms of developer ecology, in 2021, Weimob Cloud PaaS platform will continue to empower ecological partners, with over 50 new high-quality ecological partners and over 400 new cloud market applications.

In order to create a good foundation for smart business, the WOS New Business Operating System was officially put into public beta in March 2022. WOS new commercial operating system integrates SaaS business integration, ecological partnership and PaaS platform infrastructure, and realizes the comprehensive upgrade of product strength, technical strength and ecological strength, demonstrating the technical strength of Weimob Inc.

In 2022, Weimob will continue to improve WOS product strength, better serve customers through Weimob cloud empowering eco-partners, and drive the growth of product strength and commercial strength by technology, so as to realize faster product development, better product experience and service, and more ecological applications and services, so as to promote customers' purchase, increase customer renewal fees and increase ecological income. CITIC Securities holds that "WOS" is expected to become the new growth driver of SaaS with the improvement of merchant coverage and the acceleration of commercialization.

In terms of investment layout, in 2021, Weimob Inc and Yicun Capital jointly established "Weizhi Digital Industry Fund" and invested in outstanding projects such as Shuyun, Haizhi and Meichuang. In November, 2021, Weimob Inc announced the acquisition of 51.89% equity of Shanghai Xiangxinyun Network Technology Co., Ltd., and incorporated Xiangxinyun into the listed company system, thus deepening the digitalization capability of smart retail shopping guide.

Weimob Inc said that in 2022, the company will focus on seven directions: focusing on key customers and continuing to lead; Open and win-win, create ecological barriers; TOS full-link operation, helping customers smart grow; Continue to increase investment in private track and consolidate the leading position in the industry; Cloudy layout drives new growth; "7+X" to create a new growth flywheel; Cross-border development and layout of the global market. Under the background of accelerating the digitalization process of Chinese enterprises, Weimob Inc has made sufficient product reserves, technical reserves, talent reserves and capital reserves, laying a solid foundation for the development in the next five years.

Media contact:
Micky Sun, Weimob Inc
Email: jingyi.sun@weimob.com
Website: http://www.weimob.com

Weimob Inc (2013.HK) is the leading cloud-based commerce and marketing solutions provider for SMBs. For information, visit www.weimob.com.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comWeimob Inc (2013.HK) released its 2021 financial report this week (3/28), showing that its adjusted total revenue in 2021 reached 2.686 billion yuan, a record high, and its performance increased by 36.4% against the background of overcoming unfavorable factors such as downward pressure on the macro economy.
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