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- UniCredit: update on the execution of the share buy-back programme
May 17, 2022. MILAN Update on the execution of the share buy-back programme during the period from 11 to 13 May 2022 Within the UniCredit S.p.A. (the "Company" or "UniCredit") share buy-back programme communicated to the market on 10 May 2022 and initiated on 11 May 2022, in execution of the resolution of the shareholders' meeting held on 8 April 2022 (the "First Tranche of the Buy-Back Programme 2021") - on the basis of the information received from Goldman Sachs International as intermediary in charge of executing, in full independence (so-called "riskless principal" or "matched principal"), the First Tranche of the Buy-Back Programme 2021 - UniCredit informs, pursuant to art. 2, paragraph 3, of the Delegated Regulation (EU) 2016/1052, that it has carried out the transactions indicated below. The chart below provides aggregate details of the daily purchases of UniCredit ordinary shares (ISIN IT0005239360), made from 11 May 2022 to 13 May 2022. "The details of all the purchase transactions carried out in the period indicated above are reported in the following pages.* As of 13 May 2022, since the launch of First Tranche of the Buy-Back Programme 2021, UniCredit purchased no. 12,876,001 shares, equal to 0.59% of the share capital, for a total consideration of 121,728,450.66 Euro. * Details in the press release here below UNICREDIT: UPDATE ON THE EXECUTION OF THE SHARE BUY-BACK PROGRAMME DURING THE PERIOD FROM 11 TO 13 MAY 2022 PDF | Download the press release (4.87mb)
- Viettel and Qualcomm to Collaborate on 5G Infrastructure Development
May 13, 2022. HANOI, Vietnam and SAN DIEGO. Viettel Group and Qualcomm Technologies, Inc. announced plans to collaborate and develop a next-generation 5G Radio Unit (RU) with massive MIMO capabilities and distributed units (DUs). This focuses on helping to expedite the development and roll-out of 5G network infrastructure and services in Vietnam and globally. Mr. Hoang Dinh Hai Truyen, Representative of Viettel High Technology Industries Corporation and Mr. Durga Malladi, Senior Vice President and General Manager, Mobility and Infrastructure, Qualcomm Technologies. Using the Qualcomm® X100 5G RAN Accelerator Card and Massive MIMO Qualcomm® QRU100 5G RAN Platform combined with its own advanced hardware and software systems, Viettel expects to accelerate the development and commercialization of high-performance Open RAN massive MIMO solutions, which simplify network deployment and lower total cost of ownership (TCO). Viettel is one of four global partners trusted and selected by Qualcomm to participate in the development and application of this new 5G chipset of Qualcomm. According to Qualcomm, the partnership will help advance the cellular ecosystem and accelerate the innovation cycle. "Viettel has been a pioneer in adopting new telecommunications technologies including 5G. We are delighted to have Qualcomm Technologies as a key technology provider in our 5G gNodeB project," said Nguyen Vu Ha, general director, Viettel High Technology. "This collaboration between Qualcomm Technologies and Viettel Group will be the cornerstone of Vietnam's national strategy for Made in Vietnam 5G infrastructure." "Qualcomm Technologies, as a global technology leader in 5G, is looking forward to collaborating with Viettel for the development of Open RAN solutions that will establish the foundation for Vietnam's next-generation of wireless networks," said Durga Malladi, senior vice president and general manager, Cellular Modems and Infrastructure, Qualcomm Technologies, Inc. About Viettel Viettel has built a large 4G telecommunications infrastructure covering 97% of Vietnam population and has become a pioneer in 5G adoption in Vietnam. Viettel's 5G services are available in 16 cities and provinces in Vietnam to date. Viettel develops full network elements including Devices, Radio Access Network (RAN), Transmission Network, and Core Network which are forming a strong foundation for digital society. About Qualcomm Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. SOURCE Viettel Group
- Shannon Anastasia Johnston new to the Supervisory Board of Deutsche Börse AG
May 18, 2022. FRANKFURT. Voting results from today's Annual General Meeting available At today's Annual General Meeting, the shareholders of Deutsche Börse AG elected Shannon Anastasia Johnston as a shareholder representative to the Supervisory Board. She succeeds Karl-Heinz Flöther, who has resigned from his mandate and left the board after ten years. Johnston has assumed the chairmanship of the Supervisory Board's Technology Committee. She has been working in the technology and financial technology industry for more than 18 years. In her current position as Chief Technology Officer of Global Payments Inc., she is responsible, among others, for the areas of data, analysis and corporate architecture worldwide. The entire voting results and further information on the virtual Annual General Meeting 2022 can be found at www.deutsche-boerse.com/agm. For download: - photo of Shannon Anastasia Johnston (source: private) - photos of the virtual AGM 2022 (source: Deutsche Börse AG)
- Xiaomi Posts RMB73.4 Billion for 2022 Q1 Revenue
May 19, 2022. BEIJING, HONG KONG. Research and development expenses reached RMB3.5 billion, an increase of 16.0% year-over-year Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (IoT) platform at its core, announced its unaudited consolidated results for the three months ended March 31, 2022. In the first quarter of 2022, Xiaomi’s total revenue reached RMB73.4 billion. Adjusted net profit was RMB2.9 billion. Investment related to technological innovation and other new initiatives amounted to RMB425 million. Research and development expenses reached RMB3.5 billion, an increase of 16.0% year-over-year. Despite continued supply shortage of key components, resurgence of COVID-19 and global macroeconomic headwinds, the Group continued to build on its business model and technological innovation capabilities combined with the company’s long-term investment in new initiatives. The company has continued to advance its business strategies while strengthening its foundation. Global MIUI MAUs reach 529 million as Xiaomi’s premiumization strategy makes strides In the first quarter of 2022, global smartphone shipments significantly declined due to global macroeconomic headwinds and the resurgence of the COVID-19. Building on Xiaomi’s premiumization strategy, its dual-brand strategy, continued advancements in core technologies and enhanced channel operations, the company maintained steady growth despite industrial headwinds. In the first quarter of the year, Xiaomi’s global smartphone shipments amounted to 38.5 million units. According to Canalys, the Group’s market share of smartphone shipments ranked top three in 49 countries and regions. Driven by its premiumization strategy, global shipments of smartphones with retail prices at or above RMB3,000 in mainland China and EUR300, or equivalent, in overseas markets reached nearly 4 million units. The global average selling price ("ASP") of smartphones grew 14.1% year-over-year to RMB1,189. According to third-party data, Xiaomi’s market share ranked No. 1 among Android smartphone vendors in the first quarter of the year for smartphones with retail prices between RMB4,000 and RMB6,000 in mainland China. Xiaomi remained committed to executing its dual-brand strategy in the quarter bringing innovative user experiences and significantly expanding its target user base. For example, Xiaomi 12 series, Redmi K50, Redmi K50 Pro and Xiaomi Civi 1S have attracted over 50% new users. In addition, Xiaomi’s new retail channel continued to empower its product strategy fortifying the company’s leading position in the online channel during the period. According to third-party data, the Group led the market with a 32.3% market share in the online smartphone shipment market in mainland China during the quarter. At the same time, the offline channel accounted for over 50% of premium smartphone shipments in mainland China. Continued to elevate interconnectivity experience with a leading smart ecosystem Xiaomi’s “smartphone x AIoT” strategy continues to grow in significance. As of March 31, 2022, the number of connected devices (excluding smartphones, tablets and laptops) on its AIoT platform reached 478 million, an increase of 36.2% year-over-year; the number of users with five or more devices connected to its AIoT platform (excluding smartphones, tablets and laptops) reached 9.5 million representing a year-over-year increase of 38.7%. In March 2022, the MAU of AI Assistant ("小愛同學") reached 115.3 million, up 23.9% year-over-year, and the MAU of Mi Home App grew to 65.8 million, an increase of 33.8% year-over-year. Xiaomi’s IoT and lifestyle products revenue achieved robust growth primarily due to a diverse product portfolio and refined business management. In the first quarter, revenue from IoT and lifestyle products reached RMB19.5 billion, an increase of 6.8% year-over-year. Gross profit margin reached a quarterly high of 15.6%. Capitalizing on Xiaomi’s robust smart ecosystem and compelling user experience, its smart TV again achieved growth against the industry trend. In the first quarter of 2022, global shipments of smart TVs reached 3 million units, an increase of over 15% year-over-year. According to All View Cloud ("AVC"), Xiaomi’s smart TV shipments ranked No. 1 in mainland China for the 13th consecutive quarter and maintained a top five ranking globally. At the same time, Xiaomi remains committed to product quality and innovation and further drove synergy among key product categories. Its smart large home appliance category (comprising air conditioners, refrigerators and washing machines) continued to deliver strong growth with revenue increasing more than 25% year-over-year in the first quarter of 2022. Xiaomi Pad 5 series continued to gain traction with steady increases in both shipments and market share. According to Canalys, Xiaomi’s tablet shipments ranked No. 3 in mainland China in the first quarter of 2022. Xiaomi Pad 5 series has become one of the top revenue-generating IoT categories since its launch in August last year. Solid growth in internet services business fueled by diversified revenue streams Internet services business maintained solid growth in the first quarter of 2022 driven by the company’s continued expansion of its internet user base and diversified revenue streams. Internet services revenue reached RMB7.1 billion, an increase of 8.2% year-over-year. In March 2022, global MIUI MAUs reached 529 million, an increase of 104 million year-over-year, and MIUI MAUs in mainland China reached 136 million, an increase of 17 million year-over-year, both achieving historical highs. MIUI MAUs in mainland China have increased for six consecutive quarters laying a solid foundation for the development of the internet business in the future. Driven by the platform strategy, expansion of content offerings and high-end brand advertising, both Xiaomi’s TV value-added service revenue and TV advertising revenue achieved a quarterly high. In March 2022, MAU of smart TVs (including Xiaomi Box and Xiaomi TV Stick) exceeded 50 million for the first time. As of March 31, 2022, the number of TV paid subscribers reached 5.5 million. In the first quarter of 2022, advertising revenue reached RMB4.5 billion, an increase of 16.2% year-over-year, primarily attributable to the growth of search revenue, performance and brand advertising revenue. With solid growth in its global user base, Xiaomi’s overseas internet business maintained a robust growth trajectory. In the first quarter of 2022, overseas internet services revenue reached RMB1.6 billion, an increase of 71.1% year-over-year. Contribution of overseas internet services revenue to total internet services revenue continued to grow and reached 21.9%, a quarterly high. Overseas internet services maintained growth momentum as global business operations continue to expand Xiaomi's overseas business operations has maintained healthy development as the company continued to execute its globalization strategy. In the first quarter of 2022, revenue from overseas markets reached RMB37.5 billion and accounted for 51.1% of total revenue. According to Canalys, in the first quarter of 2022, its market share of smartphone shipments ranked top three in 49 countries and regions and among the top five in 68 countries and regions globally. For smartphone shipments in Europe, Xiaomi continued to rank No. 3 in the first quarter of 2022 with 19.7% market share. Xiaomi continued to penetrate the overseas carrier channel. According to Canalys, Xiaomi shipped more than 5.7 million smartphones through carrier channels in overseas markets (excluding India, Sri Lanka, Nepal and Bangladesh) in the first quarter of 2022, an increase of more than 10% year-over-year. Xiaomi’s smartphone market share through carrier channels ranked top three in 38 overseas markets. Technology for good to drive sustainable development Technology advancement remains the bedrock of Xiaomi’s business and the company has remain committed to the relentless pursuit of technological innovation and product quality. In the first quarter of 2022, research and development expenses reached RMB3.5 billion, an increase of 16% year-over-year. Investment related to technological innovation and other new initiatives amounted to RMB425 million. As of March 31, 2022, Xiaomi had over 26,000 patents granted and over 53,000 patent applications globally. Xiaomi continues to push the latest innovations in imaging and charging technologies. It had more than 980 granted patents and more than 2,400 patent applications globally related to imaging technology. In relation to charging technology, the Group had over 1,550 patent applications globally, including over 390 patent applications for wired fast-charging. A comprehensive and diversified patent portfolio has been a strong source of support for Xiaomi to help it achieve breakthroughs in terms of brand and overall quality. In addition, Xiaomi has fully incorporated environmental, social and governance into its business operations and management actively promoting the development of a sustainable economy. It has set multiple environmental goals related to energy, greenhouse gas emissions and water based on its operations. Xiaomi aims to reduce per capita energy consumption and greenhouse gas emissions in its self-operated office parks by 5% and 4.5% in 2026 respectively, compared to 2020 levels. Meanwhile, it has decreed that per capita water consumption level in 2026 should not exceed 2020 levels in self-operated office parks. With precise understanding of different stakeholders’ needs in the society, Xiaomi has made remarkable achievements in early disaster warnings. In 2021, its earthquake early warning system covered over 90% of densely populated earthquake-prone regions across mainland China. In March 2022, the company officially launched the trial operation of Earthquake Early Warning smartphone function in Indonesia to help users secure precious time to seek refuge. In addition, Xiaomi has deepened its involvement with public welfare initiatives, talent development and technology education in recent years. In January 2022, Xiaomi Foundation Limited in Hong Kong set up the Xiaomi Sports Scholarship with total donation of RMB10 million expected over the next five years. In April 2022, to promote cutting-edge research and technological innovation at Peking University in the fields of integrated circuits, psychology and cognition, Beijing Xiaomi Foundation has also officially launched the Peking University Xiaomi Innovation Fund. Finally, the Group has provided RMB120 million in subsidies since 2021 to offline store partners showing how it is keen to work alongside employees and partners to overcome industrial headwinds and the impact of COVID-19. —ENDS— About Xiaomi Corporation Xiaomi Corporation (“Xiaomi”) was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core. Embracing our vision of “Make friends with users and be the coolest company in the users ’hearts”, Xiaomi continuously pursues technological innovations, compelling user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology. Xiaomi is one of the world's leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no.3globally in the first quarter of 2022. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 478 million smart devices connected to its platform (excluding smartphones, tablets and laptops) as of March 31, 2022. Xiaomi products are available in more than100countriesand regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020. Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.
- Vonovia SE Shareholders approve €1.66 dividend at Annual General Meeting
April 29, 2022. BOCHUM Vonovia holds AGM online, Renewed offer of a scrip dividend, Jürgen Fenk and Matthias Hünlein elected to the Supervisory Board. "To master the challenges that lie ahead, we need plenty of strength and courage in finding the right solutions. Vonovia is making its contribution and accepting responsibility."Jürgen Fitschen At today’s Annual General Meeting, the shareholders of Vonovia SE (“Vonovia”) approved all the proposed resolutions submitted by the Supervisory Board and the Management Board with the required majority. They also discharged both bodies for the 2021 financial year with a large majority (Supervisory Board: 98.03% of votes, Management Board: 99.87%). The dividend proposed by the Supervisory Board and the Management Board was accepted at the AGM by a large majority. Vonovia will be paying out a €1.66 dividend for the 2021 financial year, a dividend that is effectively €0.08 higher than last year due to the larger number of shares resulting from the capital increase. As before, shareholders can opt for receiving a scrip dividend instead of a classic cash dividend. Macroeconomics and transition to sustainable energies “After two years of pandemic, we were hoping our lives would gradually return to normal. However, at the end of February, we were suddenly struck by the horrors of war in Ukraine. Millions of people are fleeing to save their lives. The whole of Europe is helping and moving closer together than anyone thought possible,” said Jürgen Fitschen, Chairman of the Supervisory Board. “To master the challenges that lie ahead, we need plenty of strength and courage in finding the right solutions. Vonovia is making its contribution and accepting responsibility, as we provide homes that are both affordable and age-appropriate, while also creating additional housing that is so urgently needed.” Rolf Buch, Vonovia’s Chief Executive Officer, also expressed his sadness about the war: “We are profoundly concerned about people in Ukraine and the children, women and men who have had to give up their homes. We are doing our best to support them in finding new and safe homes with us.” Buch continued to say: “During times of change, it’s important to be flexible, and our business model puts us in a good position to respond to changing circumstances. Our financing structure enables us to operate as a business, and we’ve got a unique online management platform.” In the current financial year, Vonovia will continue to make progress on social and ecological issues. The company will be offering solutions to the three megatrends of urbanisation, climate protection and demographic change, with the focus on neighbourhoods and their comprehensive development. “When there’s a housing shortage, we create housing. We are also advancing the transition to sustainable energies in our neighbourhoods. The carbon regulations have been translated into our climate roadmap, and we are continually testing hydrogen and heat pumps in our operations. Furthermore, we’ve been modernising flats to make them barrier-free for the elderly,” said Buch. Changes on the Supervisory Board and contract renewals on the Management Board Following the proposal of the Supervisory Board, Vonovia SE’s shareholders elected Jürgen Fenk and Matthias Hünlein as new members. This change on the Supervisory Board represents another component of the Business Combination Agreement that was concluded between Vonovia and Deutsche Wohnen when they merged in May 2021. As announced, the Supervisory Board members Burkhard Ulrich Drescher and Prof. Klaus Rauscher both resigned from their mandates. In the first quarter of 2022, CEO Rolf Buch’s contract was renewed early until 2028. Likewise, the contract of Arnd Fittkau, CRO for the operational business at Vonovia, was extended up to and including May 2027. "Our business model puts us in a good position to respond to changing circumstances." Rolf Buch Online AGM to ensure protection from Covid In view of the COVID-19 pandemic Vonovia held its AGM online, the third time in a row. Jürgen Fitschen and Rolf Buch spoke to the shareholders from the studio at the company’s headquarters in Bochum. All other Supervisory Board members joined online for part of the time. Key stakeholders expressed their views in video messages. The entire AGM was translated by sign language interpreters. As previously, the shareholders followed the Annual General Meeting in a live stream. Shareholders were welcome to submit their questions before the meeting, by 27 April – for the first time also in the form of pre-recorded video messages. They were able to exercise their voting rights both in advance and during the AGM, either voting by letter or authorizing the company’s proxies. This corresponded to 72.48% of the share capital. The Supervisory Board of Vonovia SE has the following members: Jürgen Fitschen (Chairman), Prof. Dr. Edgar Ernst (Deputy Chairman), Vitus Eckert, Jürgen Fenk, Dr. Florian Funck, Dr. Ute Geipel-Faber, Matthias Hünlein, Daniel Just, Hildegard Müller, Dr. Ariane Reinhart, Clara-Christina Streit and Christian Ulbrich. The Management Board of Vonovia SE has the following members: Rolf Buch (CEO), Arnd Fittkau (CRO), Philip Grosse (CFO), Mag. Daniel Riedl (Development and Austria) and Helene von Roeder (CTO). The detailed voting results of the Annual General Meeting will be published at https://investors.vonovia.de/agm.
- Allo Bank Festival 2022
May 10, 2022. JAKARTA. The first All in One Festival in Indonesia as well as the first international music festival this year, Allo Bank Festival 2022, will be held on 20, 21 and 22 May 2022 at Istora Senayan, Jakarta. Only by paying IDR 1,000 per day on the spot using Allo Prime on your Allo Bank account, you can enjoy all interesting activities, from music festivals, food bazaars, beauty and travel fairs, photo booths, art installations, and many more. again. Don't forget various promos and other interesting entertainment treats waiting to complete all your needs. Also enjoy Special Shows from local and international musicians such as NCT Dream and Red Velvet for only Rp. 100,000 per day using Allo Prime. Get Special Shows tickets only at event.detik.com and enjoy the convenience of entering the Allo Bank Festival 2022 without paying for on the spot tickets again! Ticket purchases open on Tuesday, May 17, 2022 at 10.00 WIB Invite and come with your friends, relatives, and family to enjoy the excitement of the Allo Bank Festival 2022! OUTDOOR AREA SPECIAL SHOWS More details on ticketing etc on event link https://www.allobank.com/news/allo-bank-festival-2022
- Indonesian Hindu University Business Incubator
May 20, 2022. DENPASAR, Bali. Business Incubators at higher education institutions/Universities are now a must. The business incubator provides facilities and development of soft-skill and hard-skill capabilities for tenants and prospective entrepreneurs, in order to become entrepreneurs who are superior, tough, independent, competitive, and profitable. Three Circles (symbolizing unifying and round unity). The outer circle is golden yellow. The center circle is white with 19 golden yellow dots (dots), the symbol of the 19th (date of founding of the Indonesian Hindu University). The inner circle is white with 5 dots (dots) in yellow gold, the symbol of the month of May (the month of the founding of Indonesian Hindu universities). The Padma Flower Leaf is composed of three layers as a symbol of the Higher Education's task, namely the Tri Dharma of Higher Education (education, teaching, research and community service). Each layer of lotus leaves consists of 8 strands which symbolize the eight directions of the wind (Asta Loka). Lotus petals with flat edges, with a golden yellow tint. The second layer of lotus petals with a semicircular pointed edge is golden yellow. Pusat sari melambangkan pusat ilmu pengetahuan dan teknologi, seni dan keagamaan yang suci dan luhur, terdiri atas 93 bintik kuning emas yang melambangkan berdirinya Universitas Hindu Indonesia. VISION To become a reliable and sustainable Business Incubator, to foster strong and independent startup entrepreneurs based on technology and local wisdom in 2025 in Bali MISSION To become an entrepreneur based on technology and local wisdom in Bali Helping technology-based start-ups to commercialize products based on local wisdom in Bali Realizing a sustainable business incubator (people, profit, planet).
- PROPOSED PUBLIC ISSUE OF DOMESTIC CORPORATE BONDS BYCOUNTRY GARDEN REAL ESTATE GROUP CO., LTD
May 18, 2022. GUANGDONG PROVINCE. Voluntary announcement proposed public issue of domestic corporate bonds by Country Garden Real Estate Group Co., Ltd., A wholly-owned subsidiary of the company. This is a voluntary announcement made by Country Garden Holdings Company Limited (the ‘‘Company’’). The board of directors (the ‘‘Board’’) of the Company announces that, on 10 February 2021, Country Garden Real Estate Group Co., Ltd. (碧桂園地產集團有限公司) (the ‘‘Issuer’’), a company established in the People’s Republic of China (the ‘‘PRC’’) and a wholly-owned subsidiary of the Company, has obtained the approval of China Securities Regulatory Commission (中國證券監督管理委員會) (the ‘‘CSRC’’) to register for the proposed public issue of domestic corporate bonds of face value of not exceeding RMB13.9 billion (the ‘‘Corporate Bonds’’) to professional institutional investors in tranches. The size of this tranche of bond issue will be not more than RMB500 million and the bond maturity will be 3 years, with an option for the Issuer to adjust the coupon rate and a sell-back option for investors at the end of the first year and the second year respectively. The Corporate Bonds so issued is proposed to be listed on the Shenzhen Stock Exchange (深圳證券交易所). The Issuer and the lead underwriter will conduct a book-building exercise with professional institutional investors on 20 May 2022. In accordance with the relevant rules and regulations in the PRC, relevant documents in relation to the Issuer and this tranche of the Corporate Bonds are available on the website of the Shenzhen Stock Exchange (深圳證券交易所) (www.szse.cn) and cninfo (巨 潮資訊網) (http://www.cninfo.com.cn). Shareholders and investors of the Company are reminded that such documents were prepared in accordance with the relevant requirements in the PRC and are limited solely to the Issuer, and the information contained therein does not provide a full picture of the operation or status of the Company and its subsidiaries. The Issuer may issue further tranche(s) of the Corporate Bonds within 24 months from the date of registration of the proposed issue of the Corporate Bonds with the CSRC. Information on any such issue will be disclosed in the interim and/or annual report(s) of the Company. By Order of the Board Country Garden Holdings Company Limited MO Bin President and Executive Director Foshan, Guangdong Province, the PRC, 18 May 2022 As of the date of this announcement, the executive directors of the Company are Mr. YEUNG Kwok Keung (Chairman), Ms. YANG Huiyan (Co-Chairman), Mr. MO Bin (President), Ms. YANG Ziying, Mr. YANG Zhicheng, Mr. SONG Jun and Mr. SU Baiyuan. The non-executive director of the Company is Mr. CHEN Chong. The independent non-executive directors of the Company are Mr. LAI Ming, Joseph, Mr. SHEK Lai Him, Abraham, Mr. TONG Wui Tung, Mr. HUANG Hongyan and Mr. TO Yau Kwok. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
- Morgan Stanley Infrastructure Partners Completes Investment in StraitNZ
March 31, 2022. NEW YORK. Morgan Stanley Infrastructure Partners invests in a diverse range of infrastructure assets predominantly located in OECD countries. The team seeks to create value through active asset management and operational improvements. Investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”), a private infrastructure team within Morgan Stanley Investment Management, announced today that they have acquired StraitNZ Holdings Limited (“StraitNZ” or the “Company”). “We are excited to acquire the leading independent freight transportation solution across the Cook Strait,” Mark McLean StraitNZ is a ferry and logistics operator that manages multiple daily freight and passenger services across the Cook Strait in New Zealand. StraitNZ is one of only two Cook Strait ferry operators, connecting New Zealand’s national highway system from the North Island, where approximately 77% of New Zealand’s population resides, to the South Island, where the remainder of the population lives. With more than 90% of New Zealand’s freight being distributed via road and imports becoming increasingly concentrated at North Island ports, these ferries represent essential transportation infrastructure for the New Zealand logistics supply chain, with strong barriers to entry provided via long-term port leases, dedicated berthing facilities and geographic constraints on the creation of additional port capacity. “We are excited to acquire the leading independent freight transportation solution across the Cook Strait,” says Mark McLean, Managing Director and Head of Asia Pacific Investing for MSIP. “Structural shifts towards higher e-commerce activity, as well as strong secular trends within New Zealand, all support the increasingly critical nature of the asset.” About Morgan Stanley Infrastructure Partners Morgan Stanley Infrastructure Partners (“MSIP”) is a leading global private infrastructure investment platform with over $16 billion in assets under management1. Founded in 2006, MSIP has invested in a diverse portfolio of over 30 investments across transport, digital infrastructure, energy transition and utilities. MSIP targets assets that provide essential public goods and services with the potential for value creation through active asset management. For further information about Morgan Stanley Infrastructure Partners, please visit www.morganstanley.com/im/infrastructurepartners.
- Mining giants back eight winning ideas in global Charge On Innovation Challenge to decarbonise minin
May 12, 2022. MELBOURNE. In the global quest to significantly decarbonise mining operations, eight technology innovators’ submissions have been selected to progress beyond the Charge On Innovation Challenge. The global challenge, launched by BHP, Rio Tinto and Vale sought to accelerate commercialisation of effective solutions for charging large electric haul trucks while simultaneously demonstrating there is an emerging market for these solutions in mining. The eight innovators selected are ABB, Ampcontrol and Tritium (Australia), BluVeinXL, DB Engineering & Consulting with Echion Technologies, Hitachi, Shell Consortium, Siemens Off-board power supply, and 3ME Technology. The Charge On Innovation Challenge was launched in 2021 and invited vendors and technology innovators from around the world and across industries, to collaborate with the mining industry to present novel electric truck charging solutions. The Challenge received interest from over 350 companies across 19 industries, with over 80 companies submitting expressions of interest (EOI). 21 companies were then invited to present a detailed pitch of their solution. The final eight were chosen from these 21 companies. These technology innovators worked together with the founding patrons – BHP, Rio Tinto, and Vale – and 16 other mining companies to accelerate commercialisation of interoperable solutions that can safely deliver electricity to large battery-electric off-road haul trucks – reducing emissions while enhancing mine productivity. “Do you have a design in mind for your blog? Whether you prefer a trendy postcard look or you’re going for a more editorial style blog - there’s a stunning layout for everyone.” They are: ABB – We are enabling the entire mining value chain to evolve through electrification, automation and digitalization embracing a joint industry approach linking the domain expertise of our people with the specialist knowledge of partners for fully integrated systems. Under our ABB Ability™ eMine purposeful framework of methods and solutions we have designed a dual charging system solution for stationary and in-motion charging. This is to optimize the electric mine hauling operation with high power, the shortest charging initiation time and limited truck design impacts by leveraging standardised infrastructure and onboard systems and components. This journey of partnership in action, research, development and testing will continue. Ampcontrol and Tritium (Australia) - The Ampcontrol and Tritium mining haul truck battery swap solution is an end-to-end ultra-fast modular recharging station that is fully automated, relocatable, scalable and cell agnostic. Drive-in/drive-out, an autonomous transfer robot swap batteries in 90 seconds, significantly reducing safety risks and increasing productivity by excluding personnel from the swap process. BluVeinXL - BluVeinXL is a dynamic charging technology solution for heavy battery electric vehicles in open-pit mining and safely enables the full electrification of heavy mining fleets. It enables the ability for grid power to be used to power the electric drive motors and charge the onboard vehicle battery simultaneously. DB Engineering & Consulting (DB E&C) and Echion Technologies - have come together to develop a world-leading solution for the electrification of mining trucks. Our Catenary and Advanced Battery Technology system combines proven rail industry technology with cutting edge XNO™ battery chemistry to deliver an unrivalled electric solution Hitachi Energy - is proposing an innovative haul truck electrification solution which addresses the sustainability needs of the mining industry without compromising the productivity of the mine. Using Grid-eMotion™ Flash – a pioneering technology for sustainable e-mobility – the proposed solution will rapidly and safely charge the haul trucks’ batteries in just a few minutes. A holistic and detailed monitoring and control solution for the charging process and the grid connection system is provided by the innovative e-mesh™ digital solutions for e-mobility. Shell Consortium - For mobile equipment on a mine site, Shell helps to enable a decarbonised, cost neutral end-to-end interoperable electrification system while minimising operational impact. It combines an innovative, high-powered battery solution, with ultrafast charging and a standardised micro-grid energy system. Siemens - Siemens patented Zero-Emission, Battery electric Haul Truck solution combines a proven off-board energy source (trolley substation and overhead catenary) with on-board energy storage (LTO batteries) capable of dynamic 6C and >400kWh in-cycle charging while simultaneously providing increased power to the wheels to decrease overall cycle time and increase productivity. 3ME Technology - is a battery and electric vehicle technology company that develops and manufactures safe, scalable, remotely monitored, and reliable battery systems to power heavy-duty mining equipment. 3ME Technology is providing the Charge On Innovation Challenge with a purpose-refined version of its novel Bladevolt® Battery System to fit the requirements of haul truck operations. The haul truck-specific Bladevolt® XL system will be scalable to fit varied truck sizes, composed of the optimum chemistry, cost-effective and compliant with the proposed charging infrastructure, as well as enabled to capture and analyse critical data that will help improve operations going forward. Next steps Winners are collaborating with interested mining companies, OEMs and investors to accelerate the technology development to support the future roll-out of zero-emissions fleets. BHP’s Group Procurement Officer, James Agar, said, “The truly global nature of the final eight technology innovators selected, from across industries, demonstrates the level of interest that exists to work closely with the mining industry in seeking solutions to decarbonise mining fleets. The Charge On Innovation Challenge is a great example of the current collaborative work being done to reimagine traditional models and relationships, which will enable innovative solutions to be designed, tested and implemented, fast-tracking the adoption of new technology.” Rio Tinto Chief Technical Officer Mark Davies said, “With this group of innovators, we’re taking another step in the right direction towards changing the way haul truck systems operate in the mining sector. Through collaborations like this, where we all come together to create change, we can drive long-term benefits for our industry and the environment. “We know we have a role to play in helping solve the global climate challenge. We’re looking at how we can make changes across our business to reduce our carbon emissions by 50 per cent by 2030. Initiatives like the Charge On Innovation Challenge can help us reach our targets.” Vale´s CEO, Eduardo Bartolomeo said, “It is with great pride that we announce the winners of this Challenge who have presented solutions that promise to disrupt the sector. The decarbonisation challenge is so extensive that the mining industry cannot tackle it alone, but with partnerships such as these, we hope to reach this goal, for ourselves, for our communities and for our planet.” GHD, one of the world’s leading professional services companies, has facilitated the Charge On Innovation Challenge, and is now leading the process of establishing consortia to drive the testing of preferred technologies. GHD's role builds on the significant work of Austmine to launch the challenge, which attracted a number of supporting organisations, OEMs and investors. GHD’s CEO, Ashley Wright, said, “We are proud to help the global mining industry innovate to reduce emissions. Our role with Charge On Innovation Challenge is aligned with our Future Energy ambitions of helping clients and communities move to a future of reliable, affordable and secure low-carbon energy, sooner. Decarbonising heavy-emitting sectors, including both mining and transport, will be crucial to realising this vision.” More information BHP Satish Rajmohan Satish.rajmohan@bhp.com +65 9825 6307 Rio Tinto Kate Barcham: Media Relations Kate.barcham@riotinto.com +61 438 990 238 Vale Murilo Fiuza: Media Relations Murilo.fiuza@vale.com, +55 21 99170-2290 GHD Kirill Reztsov: Global Communications Advisor kirill.reztsov@ghd.com +61 2 9239 7175 About Charge On Innovation Challenge: BHP, Rio Tinto, and Vale, three of the world’s biggest resource companies, have launched the Charge On Innovation Challenge, a global competition for technology innovators to develop new concepts for large-scale haul truck electrification systems to help significantly cut emissions from surface mine operations and unlock safety, productivity, and operational improvements. www.chargeoninnovation.com About GHD: GHD is a leading professional services company operating in the global markets of water, energy and resources, environment, property and buildings, and transportation. Committed to a vision to make water, energy, and urbanisation sustainable for generations to come, GHD delivers engineering, architecture, environmental and construction solutions to public and private sector clients. Established in 1928 and privately owned by its people, GHD’s network of 10,000+ specialists are connected across 200 offices located in five continents and the Pacific region. www.ghd.com
- OCBC Bank and MetaVerse Green Exchange to develop new green financing solutions with tokenised carbo
April 25, 2022. SINGAPORE This partnership between the two Singapore firms aims to help accelerate corporates’ journey to carbon neutrality. OCBC Bank and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore, have announced a strategic partnership to develop new green financing solutions aimed at accelerating large corporates’ journey to carbon neutrality. Scheduled to be launched later this year, these financing solutions will include tokenised carbon credits in the form of MVGX’s Carbon Neutrality Tokens (CNT™s), for large corporates to offset their carbon emissions, simplifying their path to carbon neutrality. An independent party will verify the expected carbon emissions from projects utilising these financing solutions, to calculate the corresponding carbon credits required. MVGX’s CNT™s are supported by MVGX’s proprietary Non-Fungible Digital Twin (NFDT™) distributed ledger technology that provides corporates a verifiable, immutable and constantly updated record of the carbon performance of the climate-action projects that they have invested in through these digital carbon credits. The partnership comes at an opportune time when carbon credits are becoming an increasingly popular solution for corporates after they have explored other decarbonisation options to achieve carbon neutrality. This is particularly important for companies in hard-to-abate industries such as shipping, steel and energy. By purchasing carbon credits, corporates are also investing in green projects such as reforestation and renewable energy that contribute to future decarbonisation. The Institute of International Finance’s Taskforce on Scaling Voluntary Carbon Markets estimates that the global demand for carbon credits could increase fifteen-fold by 2030. The ability to properly account for and track carbon credits under existing systems has resulted in challenges which have prevented uptake and impact at scale, such as double counting and the difficulties involved with cross-border carbon trading. The CNT™s provided in the new green financing solutions can mitigate these challenges by providing businesses with a reliable and accurate view of their emissions and offsets. “We hope to accelerate these efforts by providing financing solutions with tokenised carbon credits, and expand the reach of private-sector finance in areas and sectors most crucial in mitigating climate change.” Elaine Lam Ms Elaine Lam, Head, Global Corporate Banking, OCBC Bank, said: “With the recently released report by the United Nations' Intergovernmental Panel on Climate Change (IPCC), there will be increased urgency in corporates' transition to a low carbon future by cutting down greenhouse gas emissions. We hope to accelerate these efforts by providing financing solutions with tokenised carbon credits, and expand the reach of private-sector finance in areas and sectors most crucial in mitigating climate change.” This partnership underscores the Bank’s commitment to combating climate change and supporting customers in their journey to carbon neutrality, by seizing growth opportunities in green and sustainable financing. By end-2021, the Bank had extended over $34 billion in sustainable financing to customers, surpassing its original target of S$25 billion by 2025 four years ahead of schedule. A new target of S$50 billion in sustainable financing commitments by 2050 has been established. Commenting on the company’s landmark partnership, MVGX Executive Chairman and Co-Founder Bo Bai, said: “Despite the best intentions, governments and businesses around the world have come to realise the limitations of the current systems for tracking and neutralising carbon emissions. Thankfully, there is now a greater urgency to embrace new solutions that leverage technology to promote carbon reduction and finance green initiatives. By joining forces with Southeast Asia’s second-largest bank, we have the opportunity to advance our sustainability ambitions and fast-track our nation’s goal of achieving Singapore’s 2030 Green Plan. We are excited to be building the bridge between green investments in traditional finance and the global carbon trading markets of the future through green digital assets.” Last year, MVGX launched its first batch of CNT™s ahead of COP26 in Glasgow. These asset-backed tokens were tied to carbon credits generated by a wind project in Zhangjiakou, China that was verified and registered with China’s National Carbon Registry. The first tranche of 5,000 carbon credits was sold to a Hong Kong-based private equity firm last year, lowering barriers to access ESG assets for retail and institutional investors in Asia Pacific. Pictured from left to right are: Mr Gabriel Wong, Co-Founder of MVGX; Dr Bo Bai, Executive Chairman and Co-Founder of MVGX; Mr Lee Shyong, Managing Director, Partnership & Innovation of OCBC Bank; and Ms Elaine Lam, Head, Global Corporate Banking of OCBC Bank. This partnership between OCBC Bank and MVGX to develop new green financing solutions with tokenised carbon credits will help accelerate large corporates’ journey to carbon neutrality. Media Queries Please contact: Dawn Sin corpcomms@ocbc.com
- ONEUNITED BANK JOINS WITH LENDISTRY TO OFFER SMALL BUSINESS LOANS NATIONWIDE
April 11, 2022. LOS ANGELES. The nation’s largest Black-owned bank, joins with Lendistry, a Black-led fintech, to provide small business loans to OneUnited Bank customers. OneUnited Bank, the nation’s largest Black-owned bank, joins with Lendistry, a Black-led fintech, to provide small business loans to OneUnited Bank customers. The Bank’s continuing mission is to close the racial wealth gap by providing a resource for term loans and non-revolving lines of credit to small businesses nationwide. As part of its mission, OneUnited Bank introduced its OneTransaction program and podcast to encourage Black Americans to focus on “one transaction” to close the wealth gap for their family. The six options include a profitable business, homeownership, savings & investments, an improved credit score, wills, and insurance. With Lendistry, the Bank can support customers who are business owners seeking funds to expand, buy an existing business or finance working capital. Lendistry is a Black-led fintech and a leader in providing equal access to capital for small business owners. Since 2015, minority, women and veteran-owned businesses have trusted Lendistry to help them grow. Lendistry offers funding for working capital, expansion, tenant/leasehold improvements, debt consolidation and to buy existing businesses. “We’re proud to expand our relationship in 2022 to offer small business loans to our customers nationwide” Teri Williams “We began our relationship with Lendistry in 2020 with the Paycheck Protection Program (PPP) and continued in 2021 with our OneTransaction Program,” states Teri Williams, OneUnited Bank President. “We’re proud to expand our relationship in 2022 to offer small business loans to our customers nationwide”. “Access to capital for the expansion of small businesses is what we do,” said Kerrington Eubanks, SVP of Strategic Partnerships for Lendistry. “We are happy to be a resource for OneUnited Bank’s small business customers to connect with us directly to explore new economic opportunities.” Lendistry is a resource for all OneUnited Bank customers for small business loans through OneUnited Bank’s online banking platform and highly rated mobile app. Business owners can access the resource, in our app or in online banking, even if their business does not have a business banking account with OneUnited Bank. Qualifications, terms, and conditions apply which are determined by Lendistry. For more information, please visit: www.oneunited.com/businessloan.












