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HONG KONG, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - Trio AI Limited (“Trio AI”), an artificial intelligence (AI) infrastructure service provider in Asia with a computing power of more than 1,000 GPUs, is enhancing the regional technology applications and ecosystem. Trio AI recently announced the signing of a Memorandum of Understanding (MOU) with HKT Limited (“HKT”) to explore opportunities in the Artificial Intelligence Super Computing (AISC) solution through their combined business networks and expertise. In addition, Trio AI is collaborating with METAX to leverage AI computing resources supported by METAX chips, introducing more diverse cloud services. This collaboration aims to help enterprises unleash their full potential during digital transformation, marking a significant step in advancing Hong Kong as an International Innovation and Technology (I&T) hub, providing computing power solution for large model training.In the rapidly evolving AI landscape, GPUs, which are key components of parallel computing, are experiencing significant market growth. According to Verified Market Research1, the global GPU market size was valued at US$33.47 billion in 2021 and is projected to reach US$477.37 billion by 2030, growing at a compound annual growth rate of 33.3% from 2022 to 2030, demonstrating strong market expansion.On 11 December 2024, Dr. David Chung, Chief Executive Officer, Trio AI, and Mr. Dennis Chung, Senior Vice President, Product Marketing & Solutions Consulting, Commercial Group, HKT, signed the MOU, in the witness of Mr. Chow Kok Kit, Executive Director, Valuetronics Holdings Ltd., and Mr. Steve Ng, Managing Director, Commercial Group, HKT. This agreement establishes a collaborative framework to explore the opportunities to resell, market and promote the AISC solution in Hong Kong, the Greater Bay Area, and Southeast Asia.Dr. David Chung, Chief Executive Officer, Trio AI, said, "Artificial intelligence is poised to revolutionize all industries, driving unprecedented innovation, efficiency, and growth. From logistics to creative, healthcare to finance, manufacturing to retail, AI is empowering businesses to solve complex problems, optimize operations, and unlock new opportunities. On 23 August, we launched the first 1,000-GPU cluster in Hong Kong, and we plan to continue increasing our investment, with the capability to expand to over 10,000 GPUs in the future. We would like to express our gratitudeto HKT for their support in establishing this strategic partnership, and we look forward to more milestones in AI together with our partners, driving technological innovation in Hong Kong.”Mr. Steve Ng, Managing Director, Commercial Group, HKT, said, "As a trusted enterprise technology solutions enabler, HKT is committed to harnessing the potential of enterprise AI and accelerating its adoption among businesses in the Greater Bay Area. Our strategic partnership with Trio AI expands access to HPC services for a broader range of enterprises and institutions, addressing the increasing need for supercomputing capabilities driven by AI, while fostering innovation and improving operational efficiency across various sectors. Powered by HKT’s AI Superhighway, we provide ultra-high-speed2 and ultra-low-latency3 connectivity, linking Trio AI’s 1024-GPU cluster with enterprise and institutional data centers across the city."Exploring AISC opportunities in Hong Kong, the Greater Bay Area, and Southeast AsiaOver the next two years, Trio AI and HKT will work closely together to identify, develop, and implement go-to-market strategies for the AISC solution. This collaboration will also focus on multi- brand GPU management and AI professional services, utilizing Trio AI's AIDC platform management software alongside its AI professional services team to deliver high-quality AI solutions and operational experiences to customers. Furthermore, both parties will explore ways to leverage Trio AI’s AI computing power and servers, providing high-quality AI computing resources for Hong Kong customers. Through this collaboration with HKT, a market-leading digital transformation partner offering end-to-end enterprise solutions, connectivity, and smart living offerings, Trio AI will gain greater brand recognition and expand the accessibility of its AISC solution to a broader range of enterprises, thereby strengthening its foothold in the industry.Enhancing computational power to support wider range of applicationsCompared to regular AI, AISC utilizes high-performance computing (HPC) systems with multiple powerful processors working in parallel. This dramatically enhances computational power, enablingadvanced simulations and predictive analytics across various fields, such as research and industries requiring intensive computational resources. While regular AI focuses on performing intelligent tasks on a smaller scale, AISC leverages supercomputing to enhance AI capabilities, allowing for the processing of larger datasets and solving more complex problems efficiently.Dr. David Chung, Chief Executive Officer, Trio AI (first from the right),and Mr. Dennis Chung, Senior Vice President, Product Marketing & Solutions Consulting, Commercial Group, HKT (first from the left), signed the MOUin the witness of Mr. Chow Kok Kit, Executive Director, ValuetronicsHoldingsLtd.(second from the right), and Mr. Steve Ng, ManagingDirector, CommercialGroup, HKT (second from the left).Collaborating with METAX to build Hong Kong 1st domestic high-performance 1,000-GPU cluster, supporting businesses in global expansionIn addition, Trio AI is deepening its collaboration with METAX by leveraging AI computing resources supported by METAX chips, significantly enhancing AI infrastructure services. This aligns with the Hong Kong government's strategic direction for AI and serves local enterprises while also helping domestic companies leverage Hong Kong as a gateway to expand into countries of the Belt and Road Initiative (BRI). The three key elements of AI are computing power, algorithms, and data. Trio AI is building and managing proprietary GPU computing power clusters, providing access to a diverse range of scalable GPU cluster, with the capacity expanding up to 10,000 GPUs, through customized deployment and on demand services. Trio AI will offer AI platform services, including essential value-added services such as model-as-a-service and data pools for development, to comprehensively support the integration of AI applications for businesses of all sizes.From left to right: Mr. Pak Ting, Chief Executive Officer and Co-Founder,Votee AI, Ms. Du Feilu, Chief Operation Officer,Trio AI, Mr. Dennis Chung,Senior Vice President, Product Marketing & Solutions Consulting, CommercialGroup, HKT, Mr. Steve Ng, Managing Director, Commercial Group, HKT, Mr.Chow Kok Kit, Executive Director, Valuetronics Holdings Ltd., Dr. David Chung, Chief Executive Officer, Trio AI, Mr. Wallace Leung, Project Director,METAX, Mr. Billy Chen, Vice President, Wintoo, Ms. Beatrice Tai, ChiefOperation Officer, Yedpay and esteemed guests attended the MOU signing ceremony.Dr. David Chung, Chief Executive Officer, Trio AI, said, " In November, we established the AI Application R&D Center at Hong Kong Cyberport to promote the in-depth integration of industry, academia, and research. By combining AI with the digital world, it creates an advanced accelerated computing platform. In this rapidly changing era, Hong Kong's strategic position enables us to efficiently support various clients and projects, achieving effective and unified deployment of multiple large model algorithms across diverse chips, providing ample computing resources for more AI enterprises.We are not only collaborating on new technology with METAX but also leading transformation and reshaping the future of the industry. We aim to provide professional, independent, and innovative services to enterprises in mainland China, the Greater Bay Area, Hong Kong, and across Asia, helping clients grow and facilitating intelligent transformation. This collaboration will greatly facilitate access to AI computing resources for enterprises, making cutting-edge technology services more accessible. We hope this collaboration sets a benchmark in the industry, inspiring more companies to accelerate their digital and intelligent transformations and create endless possibilities together."Mr. Wallace Leung, Project Director, METAX, stated, “Trio AI selected METAX, a leading Chinese high-performance GPU brand, to build Hong Kong's first Chinese high-performance 1024-GPU cluster; which uses 400G IB network + all-flash storage + high-erformance GPU Server, optimizing for various large models and efficient tuning with GPGPU architecture. METAX warmly congratulates Trio AI and HKT on the MOU signing, which signifies a joint effort in promoting the many application scenarios of GPU clusters in Hong Kong. METAX GPU will continue to provide committed and strong computing support for the Hong Kong AI industry!”Accelerating digital transformation with AI: expert insights on AI opportunities for Hong Kong customersFollowing the signing ceremony, a panel discussion was held on “Unlocking the Value of AI Computing Power and Solutions to Empower Hong Kong Customers.” Representatives from Trio AI’s trusted partners including Votee AI, Wintoo and Yedpay shared valuable insights on the future of digital transformation for Hong Kong customers, emphasizing the importance of adopting AI technologies to strategize and streamline operations and enhance customer engagement.Mr. Pak Ting, Chief Executive Officer and Co-Founder, Votee AI, said, “At Votee AI, we are excited and honored to participate in this signing event. We see collaborations as key to empowering Hong Kong's innovative hub and with Votee AI being one of the leading generative AI platforms, we are very pleased to witness this important moment.”Mr. Billy Chen, Vice President, Wintoo, said, “As a national high-tech enterprise specializing in AI, Wintoo is delighted to join this event as a partner of Trio AI. Our cloud-based platform  is dedicated to leveraging AI to assess urban road conditions, and we hope to deepen our collaboration, expanding applications from Hong Kong to more regions, providing smarter solutions for clients, and improving roads to make cities better.”Ms. Beatrice Tai, Chief Operation Officer, Yedpay, said, “We are excited to leverage Trio AI to reshape the payment landscape for businesses and consumers alike. Our approach to AI in payment processing goes beyond automation by focusing on security and user experience through the 3i framework—Identity, Individualization, and Insight. With AI, we are set to revolutionize payments by enhancing authentication to prevent fraud, personalizing user experiences, and providing valuable insights to drive smarter decisions.”At the panel discussion, Mr. Pak Ting, Chief Executive Officer and Co-Founder, Votee AI (left), Mr. Billy Chen, Vice President,Wintoo (center), and Ms. Beatrice Tai, Chief Operation Officer, Yedpay (right) shared valuable insights on the future of digital transformation for Hong Kong customers.Remark:1.Source: Verified Market Research reporthttps://www.verifiedmarketresearch.com/product/graphic-processing-unit-gpu-market/2.Ultra-high-speed refers to a data transmission rate of 800 Gbps per second3.Ultra-low-latency refers to an end-to-end data transmission delay of less than 1 millisecondAbout Trio AI LimitedTrio AI Limited (“Trio AI”) ”), an artificial intelligence (AI) infrastructure service provider in Asia with a computing power of more than 1000 GPUs, is enhancing the regional technology applications and ecosystem. With the vision of advancing Hong Kong’s development as an International Innovation and Technology hub, we offer reliable, stable and cost-effective AI infrastructure services. We provide proprietary access to a diverse range of heterogenous GPU computing power, and a software platform integrating essential developer tools and more to support AI model training and inference, offering all-weather resilient AI infrastructure services for your AI needs.We cater to demand from government, various industry verticals, universities, and AI-native startups. We offer customized deployment, on demand and GPU for startups, ensuring cost-effective solutions adaptable to different usage patterns. Headquartered in Hong Kong, serving for Asia. Our strategic position allows us to efficiently support a wide range of clients and projects.For media enquiries, please contact:AJA (IR and Communications) Avy Yu  Email: avy.yu@ajacapital.com.hk   Tel: (852) 9500 4443Eudice Law Email: eudice.law@ajacapital.com.hk     Tel: (852) 9326 1113 Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - The leaders of National Association of Vocational Education of China visited Hong Kong, jointly sponsored by The Chinese Occupational Education Association of Hong Kong and co-sponsored by the Hong Kong Metropolitan University, organized Hong Kong Vocational Education Service in Joint Construction of the “Belt and Road" Vocational Education Symposium. It was held at the International Conference Center on the 12th floor of the Jockey Club Institute of Healthcare of the Hong Kong Metropolitan University on December 17, 2024.  Mr. Feng Dajun, Deputy Director General of National Association of Vocational Education of China, and Wu Cheng, Deputy Director of Education and Science of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, attended the meeting.From Left: Professor Li Wai Chi, Mr. Cheung Kin Chung,Professor Zhao Pengfei,Dr. Wong Yau Kar, Madam Wong Wai Ching,Professor Wong Yuk Shan, Dr. Liu YungChau, Mr. Feng Dajun, Madam Wu Cheng,Dr. Liu Yi Man, Professor ReggieKwan Ching Ping, Mr. Yiu Pak Leung,Madam Huang Zhaoxia, Mr. David Leung Yiu FaiThis symposium can be said to have a strong lineup of guests, with over 60 participants from various sectors including politics, business, and education.  In addition to Dr. Liu Yung Chau, Honorary Chairman of the Council of the COEAHK, Professor Wong Yuk Shan, Chairman of the Council, Dr. Wong Yau Kar, Dr. Liu Yi Man, Vice Chairmen, and all other directors attending.  Madam Wu Cheng, Deputy Director of Education and Science of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region also attended.From Left: Dr. Liu Yi Man, Madam Gladys Yam Ying Sim, Mr. Lam Chun Sing , Mr. Wong Kam Leung , Mr. Yiu Pak Leung, Dr. Wong Yau Kar,Madam Wong Wai Ching,Dr. Liu Yung Chau, Professor Wong Yuk Shan,Madam Wu Cheng, Mr. Tai ChakTong, Mr. Feng Dajun, Professor Zhao Pengfei,Madam Huang Zhaoxia, Madam LiMin, Professor Reggie Kwan Ching Ping,Mr. Tsui Hoi ShanThe meeting is divided into two parts.  The first part is the keynote speech, and the second part is the symposium.  From macro level to micro level, the government's policy is to jointly construct the "Belt and Road" and promote vocational education to overseas, and then how to implement the "apprenticeship system".  Vocational education in Hong Kong is promoted by the government, enterprises, and schools, and the integration of industry and education, as well as school enterprise cooperation, are relatively international and market-oriented.The first part is the keynote speech, delivered by Mr. Feng Dajun, Deputy Director General of the National Association of Vocational Education of China, on the topic of "Strengthening Exchange and Cooperation, Jointly Promoting Vocational Education Going Overseas".  Dr. Wong Yau Kar, Vice Chairman of the COEAHK, delivered a keynote speech on the theme of "Advantages and Challenges of Hong Kong Vocational Education's Participation in the Joint Construction of the “Belt and Road".  Dr. Zhao Pengfei, former president of Guangdong Construction Vocational and Technical College, gave a keynote speech on the topic of "Practice and Prospects of Chinese Characteristics Apprenticeship System under the Background of Industry Education Integration".The second part is a guest speech, delivered by Dr. Liu Yi Man, Vice Chairman of the COEAHK, Mr. David Leung Yiu Fai, Chief Consultant of the MTR Academy, Professor Li Wai Chi, Vice President of HKCT Institute of Higher Education, and Mr. Chris Cheung Kin Chung, President of the CLP Power Academy.in his opening remarks, reflected on the history of the China Vocational Education Society and pointed out the significant contributions of the Hong Kong Vocational Training Council since its establishment in enhancing vocational education.Professor Wong Yuk Shan, in his opening remarks, stated that the National Association of Vocational Education of China was founded on May 6, 1917 in Shanghai by 48 renowned figures in the education and business sectors, including Huang Yanpei, Cai Yuanpei, and Liang Qichao.  As for our COEAHK, it was officially established on January 12, 2024, at the age of less than one. It was founded under the initiative and strong support of Dr. Liu Yung Chau.   COEAHK is committed to promoting and improving vocational education in Hong Kong, exploring and exchanging theories and practices of vocational education, promoting the spirit of craftsmanship, and facilitating the development of vocational education in Hong Kong and other cities in the Guangdong Hong Kong Macao Greater Bay Area. It aims to cultivate talents for innovation, modern industry, and service industries in the region.The guest lineup at the symposium was impressive, featuring around 60 representatives from various sectors,including politics, business, and educationDeputy Director General Feng Dajun said that in September and October 2013, President Xi Jinping proposed the cooperation initiatives of the Silk Road Economic Belt and the 21st Century Maritime Silk Road respectively.  By the end of June 2023, China has signed more than 230 cooperation documents on jointly building the "Belt and Road" with more than 150 countries and more than 30 international organizations.  At present, China has launched "Chinese+Vocational Education" characteristic projects in more than 40 countries and regions, and more than 400 vocational colleges in mainland China and foreign educational institutions have cooperated in running schools.  The number of full-time students studying in China has reached 17000.  China's vocational education has established stable connections with over 70 countries and organizations.  In the process of exchange, vocational colleges in the mainland and universities in Europe, Africa, Thailand and other countries along the Belt and Road have carried out vocational education projects.  National Association of Vocational Education of China has always played an important role in promoting the Belt and Road Initiative.  Hong Kong's vocational education has a flexible education and training mechanism, an open market school running mode, and an international talent training orientation. It has prominent regional advantages in the international exchange and cooperation of vocational education along the “Belt and Road”.Mr. Feng Dajun, Deputy Director General of National Association of Vocational Education of ChinaDr. Wong Yau Kar stated that from the 1980s to 2019, vocational colleges have trained over 900,000 graduates from various industries in Hong Kong.  The Hong Kong SAR government has established a dedicated department to promote the development of vocational education.  The Vocational Training Council (VTC) was established in 1982.  The government is also vigorously promoting the establishment of the "University of Applied Sciences"(UAS), and the Metropolitan University of Hong Kong has become a UAS.  The characteristic of vocational education in Hong Kong is its high degree of internationalization, and the use of English is the key to international integration.  It is suggested that the development of vocational education should be based on future needs, the integration of industry and education, school enterprise cooperation, and the construction of a connected education system from middle school to university and even master's degree.Professor Zhao Pengfei stated that apprenticeship is the best way to achieve industry education integration and school enterprise cooperation.  The Chinese government policy requires all regions to actively carry out modern apprenticeship pilot programs through school enterprise joint enrollment and training.  The Ministry of Education and the Ministry of Human Resources and Social Security both support the apprenticeship system. There are more than 1000 pilot projects for modern apprenticeship system in China, with 2480 cooperative enterprises, benefiting more than 100000 students (apprentices). The pilot project for new apprenticeship system in enterprises has trained more than 20000 employees, with a clear requirement to train 1 million new apprentices from 2019 to 2021. The important achievements of modern apprenticeship system pilot are government policies, industry standards, and school enterprise models. Modern apprenticeship system is a "dual education", "dual identity", "work study alternation", and "job training". It refers to “school+enterprise”, “student+apprenticeship”, “learning+work”, and “education+training” respectively. The development of apprenticeship system vertically connects the primary, middle, and high-level apprenticeship systems, and horizontally connects them to the integration of general education and vocational education.Dr. Liu Yi Man said that Hong Kong acted as a super connector to promote the high-quality development of the "Belt and Road" vocational education.  Promote China's vocational education to go overseas and help build an education powerhouse, with Hong Kong as the first stop, serving as a super connector for "going out " and "bringing in".  Especially in the field of internationalization and artificial intelligence, it is very important.  In the future, our country's vocational education will have great potential in international talent joint training, collaborative development of curriculum standards, and the clustering effect of overseas education.  The continuous evolution of artificial intelligence technology has brought tremendous changes to the production models of various industries.Mr. David Leung Yiu Fai said that MTR Academy was established in 2016 to cooperate with the national the Belt and Road Initiative.  It is a wholly-owned subsidiary of MTR Corporation and one of the earliest corporate colleges in Hong Kong.  Our vision is to become a recognized center for railway management and technical education and research in the railway industry in Hong Kong, mainland China, and overseas.  Through the MTR Academy, there are also master's programs in rail transit, joint courses with overseas universities, and community participation.  Currently developing consulting services for the Middle East market.Professor Li Wai Chi said that the last era was the Internet+ era.  The next era is the era of Al, make good use of Al, comprehensively popularize artificial intelligence knowledge, and improve students' artificial intelligence literacy.  Relying on the platform of vocational colleges, we can use Unicom x financing to implement the policies and measures of different government departments on strengthening science and technology, education and talent.  Colleges and enterprises in the two places can rely on the country and enterprises to jointly build the Belt and Road development and provide formal vocational skills training according to their human needs at different stages of development.  Colleges and relevant administrative departments in both regions will jointly develop and construct an international vocational education and qualification system with Chinese characteristics.President Chris Cheung Kin Chung of CLP Power Academy stated that the title is "Power to Move Upward". The institute is not only studying for colleagues at the CLP Power, but can also be read to public, all students are part-time students.  There are currently multiple courses, QF architecture, jointly offered with universities.  Due to the fact that CLP Power is the most professional in the enterprise/industry, but not the most specialized in teaching, it is best to cooperate with universities to provide scenes for students to understand operations.  Collaboration with VTC, some transitional courses, these courses form an ecosystem.  Entering the mechanical and electrical industry, seeking opportunities to move upstream is to obtain a diploma (educational background). In addition to the diploma, there is also an exemption from the electrician license (industry qualification), which creates an ecological environment.  Partners include the Electrical and Mechanical Services Department, the Hong Kong Council for Accreditation of Academic and Vocational Qualifications, and the Hong Kong Institution of Engineers.Dr. Liu Yung Chau expressed his gratitude during his closing remarks at the symposium.  2024 is the most important year in the development of the COEAHK. The inauguration ceremony was taking place on 12 January 2024. Both governments attach great importance to it, and Chief Secretary for Administration of HKSAR Mr. Chan Kwok-ki, Dr. Choi Yuk-lin, Secretary for Education, and Professor Sun Dong, Secretary for Innovation, Technology and Industry, all attended.  The leaders of the National Association of Vocational Education of China visited Hong Kong this time, with the theme of the forum, "Building the Belt and Road through Hong Kong's Vocational Education Services," reflect a commitment to the strategic importance of vocational education in the Belt and Road Initiative. The first three speakers including Deputy Director General Feng Dajun, Dr. Wong Yau Kar, and Professor Zhao Pengfei giving keynote speeches from the three dimensions of "Vocational Education Going overseas", "Vocational Education Jointly Building the the Belt and Road" and "Integration of Industry and Education".  Mr. David Leung Yiu Fai, Professor Li Wai Chi, President Chris Cheung Kin Chung and Dr. Liu Yi Man participated in the symposium to promote vocational education in Hong Kong and participate in the national strategy of the Belt and Road from the perspective of enterprises and educational institutions.Group Photo: From Left Dr. Wong Yu Kar, Madam Wang Wai Ching, ProfessorWong Yuk Shan, Dr. Liu Yung Chau, Mr. Feng Dajun, Madam Wu Cheng,Dr. Liu YiMan, Professor Reggie Kwan Ching Ping  Copyright 2024 ACN Newswire via SeaPRwire.com.

Dhaka, Bangladesh, Dec 23, 2024 - (ACN Newswire via SeaPRwire.com) - Summit Group, Bangladesh’s largest private sector power generation company, has issued clarifications in response to a recent draft of a government White Paper, and said it welcomes transparency and remains committed to the highest levels of corporate governance and corporate social responsibility (“CSR”) in the country.Bangladesh media have reported widely on a draft of the ‘White Paper on the State of the Bangladesh Economy’ released in recent weeks by the interim government led by the Honourable Chief Adviser Dr. Muhammad Yunus. The document said Bangladesh’s power and energy sector faced challenges such as excess capacity, dependence on imports of gas and under-development of domestic natural gas resources.Summit Power International Limited (“SPIL”), the Singapore-registered parent of Summit Corporation Limited (“SCL”) – the leading foreign direct investor in Bangladesh’s power sector – has responded to statements in White Paper which referred to SCL’s assets or subsidiaries.1) The draft White Paper referred to Summit Group as being one of the “selected large conglomerates” which enjoyed “exemptions on project income” and “exemption on income arising from power generation”.SPIL said these exemptions cited were part of a broader policy initiative that applied to the entire power and energy sector in the country. “The policy, i.e. Private Sector Power Generation Policy framed in 1996, designed to attract investment and meet Bangladesh’s critical energy needs, encompassed approximately 104 projects. These exemptions were not exclusive to Summit Group but were reflective of a sector-wide strategy to enhance Bangladesh’s energy capacity to ensure sustainable development,” SPIL said.2) The “Other Common Malpractice” section in the White Paper alleged that contract conditions were changed after it was awarded, and singled out the Summit Meghnaghat 335 dual fuel power plant for switching from heavy fuel oil (“HFO”) to high-speed diesel (“HSD”) without changing capacity payment or heat rate as an example.The Bangladesh Petroleum Corporation, the supplier of energy oil, was unable to provide the specified oil under the original agreement and instead reached an understanding with the Bangladesh Power Development Board to supply alternative oil, SPIL said.“In order to maintain operations and fulfil its commitments, Summit Meghnaghat was obliged to accept this change but remains prepared to accept oil in accordance with the original tender conditions,” SPIL said.Through SCL, the Summit Group operates 18 power plants with a combined generation capacity of 2,255MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people.3) The White Paper listed Summit Power Limited among 83 companies listed on the Dhaka Stock Exchange that had been “unfairly excluded” from certain regulatory activities, and said market rigging was endemic in the domestic equity market.“Summit Power Limited has always conducted its affairs with the highest levels of corporate governance. Its Board of Directors comprises eminent and well-respected corporate figures. At no time has the company ever engaged in market rigging,” SPIL said.4) Regarding Bangladesh’s second Floating Storage and Regasification Unit (“FSRU”), which Summit Group operates, the White Paper alleged public funds were misused because Summit supplied LNG at a premium while natural gas reserves were available with the Bangladesh Oil, Gas and Mineral Corporation (“Petrobangla”).SPIL said that Summit’s FSRU was not responsible for the supply of gas and, accordingly, has not imported or supplied any gas to date. The long-term supply contract signed between Summit Oil and Shipping Company Limited and Petrobangla was at the lowest price of all contracts awarded at the time, including for OQ Trading and Excelerate Energy (“Excelerate”). In any event, Summit has not yet imported any gas under the long-term supply contract.Further, Summit’s FSRU did not receive any special exemptions, and its daily tariff/charter rate is lower than that of the Moheshkhali Floating LNG owned by Excelerate, the only other FSRU in Bangladesh. The incentives referenced were part of an industry-wide framework that applies to both Excelerate and Summit’s FSRU projects.“As a responsible corporation with a track record of providing energy and power to Bangladesh, Summit Group has always respected and adhered to the laws of both Bangladesh, where SCL operates, as well as Singapore, where SPIL is domiciled,” SPIL said. “We are dedicated to contributing meaningfully to Bangladesh’s growth and prosperity. Our operations in Bangladesh have consistently adhered to all regulations, and we take pride in upholding the highest standards of integrity and governance,” SPIL said.“Being a dependable partner in nation building, we remain open to dialogue with all stakeholders,” it added. “We invite committee members preparing the White Paper to engage and seek clarification where needed. As a substantial foreign direct investor, the Summit Group has always conducted its affairs in a transparent manner while striving to support the long-term development of Bangladesh,” it added.About Summit Power International Limited (“SPIL”)SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country’s total installed capacity. Summit owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank’s private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan’s largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date.Learn more at: www.summitpowerinternational.com   Media ContactWeR1 Consultants Pte LtdWhatsApp (Text): (+65) 9748 0688Email: summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Dec 19, 2024 - (ACN Newswire via SeaPRwire.com) - AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the nine months ended 30 November 2024 (the “first nine months of FY2024/25” or the “Reporting Period”).During the Reporting Period, the Group’s revenue increased by 9.4% to HK$1,304.6 million compared with the same period last year (the “first nine months of FY2023/24” or the “Previous Period”) and operating profit rose by 11.3% to HK$648.4 million. The Group’s interest income increased by 10.0% to HK$1,105.5 million for the Reporting Period. Meanwhile, profit after tax for the Reporting Period amounted to HK$275.3 million (Previous Period: HK$282.3 million), with earnings per share of 65.74 HK cents (Previous Period: 67.40 HK cents).Given the slower than anticipated market recovery, the Group adopted a more prudent approach during the Reporting Period, prioritising stable growth in both sales and receivables. This strategy focused on building a high-quality portfolio designed to deliver income, growth and resilience. The Group’s marketing strategy for the third quarter focused on targeted and popular promotions to attract customers and drive sales growth both domestically and internationally. Proactive marketing initiatives contributed to a 9.2% increase in the Group’s overall sales for the first nine months of FY2024/25 compared with the same period last year, with gross advances and receivables also increasing by 5.7% from the end of February 2024.In parallel with the efforts to drive stable business growth, a new credit card design embodying the Group’s commitment to innovation and sustainability was launched in September 2024 to offer customers a more convenient and premium payment experience. The redesigned card incorporates features that address the growing adoption of contactless payments and uses recycled plastics, underscoring the Company’s dedication to integrating sustainability practices throughout its operations.In terms of technology development, following the upgrade of its credit application processing platform, virtual credit card functionality was launched within the “AEON HK” mobile application (the “Mobile App”). This feature enables customers to make purchases immediately upon card approval and activation, eliminating waiting time and the need to visit a branch.Looking ahead, the Group will prioritise sales and receivables growth through overseas and online spending, while refining credit assessment and control methods to maintain a sustainable asset quality portfolio and expedite decision-making processes. Marketing efforts will leverage mass promotions and targeted broadcast channels to increase market penetration and expand market share, particularly among the younger demographic. These efforts will include gamification and incentive programmes to stimulate consumer spending. The launch of new and advanced mobile payment products and a self-service branch concept will further enhance the customer experience and maintain a competitive edge.Mr Wei Aiguo, Managing Director of AEON Credit, said, “Despite the moderation in Hong Kong’s economic recovery momentum, we are pleased to have delivered a continued growth in sales and receivables in the first nine months of FY2024. We remain committed to providing exceptional credit card services that meet evolving customer needs and plan to expand our customer base by offering innovative and customised products. With our adaptability, strong liquidity, robust balance sheet, and proven management expertise, the Group is well-equipped to capitalise on the significant opportunities presented by the growing consumer finance market. These efforts will enable us to achieve sustainable growth and deliver greater value to our shareholders.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - Leading international index provider, MSCI, recently announced the updated ESG ratings for Huatai Securities Co., Ltd. (the "Company"; stock codes: 601688.SH, 6886.HK, HTSC.L). Due to its exemplary ESG practices, Huatai Securities' MSCI ESG rating has been upgraded from AA to AAA. This marks the second consecutive year of improvement, earning the Company the highest rating in the global investment banking industry.The rating report underscores Huatai Securities' industry-leading performance in five key areas: Corporate Governance, Financing Environmental Impact, Responsible Investment, Human Capital Development, and Corporate Behavior. This demonstrates the Company's robust ESG governance capabilities and its strong commitment to stakeholders.In recent years, Huatai Securities has fully adopted new development philosophies, incorporating sustainable development into its operations and management. The Company continues to make significant progress in aligning its business practices with global ESG standards.In Corporate Governance, Huatai Securities' Board of Directors and ESG Committee have adopted a global perspective while remaining deeply attuned to local realities. By closely monitoring societal and economic developments, the Company has identified core ESG issues that align with current priorities, positioning itself as a market leader in corporate citizenship and responsibility.In terms of the Financing Environmental Impact, Huatai Securities has integrated ESG principles into its due diligence processes for investment and financing activities. The Company has established guidelines for investments in environmentally sensitive industries, actively expanded its green finance product portfolio, and extended its carbon finance services. Initiatives such as the "One Yangtze River" ecological protection project have supported biodiversity mainstreaming and contributed to the green transformation of economic and social development.In Responsible Investment, Huatai Securities has consistently elevated the importance of ESG factors in its investment decision-making processes. By leveraging its industry-leading digital capabilities, the Company has integrated ESG data across its research and investment platforms to generate actionable insights. Furthermore, Huatai has embraced its role as an active shareholder, promoting sustainable development values across a wide range of companies and industries.In Human Capital Development, Huatai Securities has established platforms to empower employees and promote their comprehensive professional growth. The Company has prioritized enhancing employees' technical expertise and strengthening training in financial ethics and professional conduct, fostering a culture of innovation and collaboration among its workforce.In Corporate Behavior, Huatai Securities has established robust systems for anti-bribery, anti-corruption, professional integrity, and whistleblower protection. The Company has prioritized strengthening corporate ethics and upholding principles of integrity, thereby laying a solid foundation for sustainable growth.Through years of consistent effort, the principles of ESG and sustainable development have become deeply embedded in the ethos and behavior of Huatai Securities' workforce. This collective commitment has been a driving force behind the Company's ongoing progress. Looking ahead, Huatai Securities remains steadfast in its dedication to ESG principles, establishing a strong foundation to build a world-class investment bank with both local strengths and global influence. The Company is determined to contribute to high-quality, sustainable economic and social development, delivering greater value and impact for the future.About Huatai SecuritiesIncorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, etc., with a substantial international presence.For enquiries, please contact:Citigate Dewe RogersonBenny Liu             Linda PuiTel: +86 10 6567 5056 Tel: +852 3103 0118Email: HTSC@citigatedewerogerson.com Copyright 2024 ACN Newswire via SeaPRwire.com.

The 19th Annual PropertyGuru Asia Property Awards Grand Final revealed the region’s finest real estate and outstanding developersOVER 130 LEADING DEVELOPERS AND DESIGN PRACTICES FROM ACROSS ASIA GATHER IN BANGKOK FOR FINALE OF 2024 AWARDS SERIESBANGKOK, Dec 19, 2024 - (ACN Newswire via SeaPRwire.com) - The 19th Annual PropertyGuru Asia Property Awards Grand Final, supported by V-ZUG Thailand, today revealed the region’s finest real estate and outstanding developers at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.The conclusion of the 2024 PropertyGuru Asia Property Awards series hosted over 130 award-winning finalists from across Asia, elevating their achievements on the international stage.Zhuhai Huafa Properties Co., Ltd. was honoured as the Best Developer in AsiaZhuhai Huafa Properties Co., Ltd. was honoured as the Best Developer in Asia—a first for the company.This marked one of five wins for companies representing Mainland China. Winners from Mainland China included Lead8, awarded for its projects MixC Changchun and K11 Shanghai, Huaihai Middle Road. Other winning design practices were Jiang & Associates Creative Design, which won for ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK, and Sybarite, which won for SKP Chengdu.Developers from Hong Kong and Macau also excelled with four winning titles. Winners included China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited, winning for PANO HARBOUR; Lek Hang Group for Hotel Central Macau; Lofter Group Limited for 1 Ki Lung Street; and New Orient Group for San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building).The Philippines emerged as the most awarded market with 12 accolades. Federal Land, Inc. stood out as Best Luxury Developer (Asia), accompanied by a win for Riverpark, while Federal Land NRE Global, Inc. gained the Best Breakthrough Developer (Asia) title. Aboitiz InfraCapital Economic Estates was honoured as Best Industrial Developer (Asia), supported by a win for LIMA Estate.Adding to the Philippines’ impressive tally were titles for RLC Residences, winning for The Residences at The Westin Manila; Robinsons Offices for GBF Center 1; and work.able for work.able Robinsons Summit Center. Alveo Land won for Viento at Cerca while Sunshine Fort North Bonifacio Realty Development Corporation won for MITSUKOSHI BGC.PropertyGuru Icon Award was presented to Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime HoldingsThe Estate Makati—a collaboration between SM Development Corporation (SMDC) and Federal Land—received two titles. This year’s PropertyGuru Icon Award was presented to Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime Holdings, by the editorial team of Property Report by PropertyGuru, the official magazine of the Awards.A wide array of companies from Malaysia triumphed with 11 wins. They included Bangsar Heights Pavilion, winning for Quayside JBCC; Berinda Group for Ponderosa Callista; City Motors Group for Alfa Bangsar; Eupe Corporation Berhad for Helix2 @ PJ South; Gunung Impian Development Sdn Bhd for Iconia Garden Residence; Iskandar Investment Berhad for Medini Innopolis; JLand Group Sdn Bhd for Sanubari @ Bandar Dato Onn; Malton Berhad for The Park 2 Pavilion Bukit Jalil; Sime Darby Property Berhad for Serenia Industrial Park; Tropicana Corporation Berhad for Avisa Residences, Tropicana Alam; and Triterra Sdn Bhd for The MET Corporate Towers.Indonesia celebrated eight wins, led by Paramount Land, winner of the Best Township Developer (Asia) title. Sinar Mas Land garnered multiple titles for BSD City and Biomedical Campus, as well as its joint ventures: Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation and Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V.Other victorious developers from Indonesia were DM Projects Group, winning for Salty Jim Villa; PT Adhi Commuter Properti Tbk. for LRT City Cibubur; and Summarecon Group for Flora at Summarecon BandungSingapore continued its winning streak with eight wins. UOL Group Limited was recognised as both Best Sustainable Developer (Asia) and Best Hospitality Developer (Asia), with Meyer Blue winning an award for both UOL Group Limited and Singapore Land Group Limited. Pan Pacific Orchard meanwhile yielded a win for both UOL Group Limited and Pan Pacific Hotels Group.Similarly, GuocoLand and Hong Leong Holdings Limited jointly won for Lentor Mansion. TID Pte. Ltd. won Best Lifestyle Developer (Asia), alongside a win for Lentoria, while FRX Capital Private Limited was named Best Boutique Developer (Asia).Australia also garnered seven wins, three of which went to BLVD by OSK Property. Other champions included BHC Property, winning for Mercer; FY Property, Kooringa Group, MA Financial, CPDM for Chatswood Garden; Golden Sedayu for Burswood Point; and Jean Yip Developments for Elements at Carousel.Thailand earned four titles, with Sansiri Public Company Limited winning for BuGaan Pattanakarn and Narasiri Phahol-Watcharapol. AP (Thailand) Public Company Limited also represented the kingdom with a win for The City Rama5-Nakhon In while APAC Land won for APAC Tower.Also claiming four titles, Vietnam emerged victorious with Phu Long Real Estates Corporation named asBest Community Developer (Asia). Gamuda Land won two titles for Eaton Park while Ecopark scored a win for Ecovillage Saigon River.From Japan, Niseko Woodlands Limited won for Grand Tsuru Niseko while Yoichi Dreams was recognised for Kisin.Saudi Arabia debuted at the Grand Final with Oud Real-Estate Development Company winning Best Mixed Use Developer (Asia), following a series of wins during the inaugural PropertyGuru Asia Property Awards (Middle East).From Cambodia, LP Residences Co., Ltd. received a win for its Palm Springs project. By the Waters by Suryam Developers LLP meanwhile gained a recognition for India.Jeremy Williams, managing director for Marketplaces at PropertyGuru Group, said: "PropertyGuru’s commitment to a sustainable future in Asia is truly reflected in this year’s award winners. By raising benchmarks for resilience and sustainability, we power communities to live, work, and thrive in tomorrow’s cities. These accolades not only honour the efforts of developers and design practices but also inspire innovation that benefits property seekers, agents, and investors alike. As we celebrate the 19th edition of the Grand Final, we look forward to a wave of progress creating what’s next for the region’s built environment."Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The 2024 PropertyGuru Asia Property Awards series included many first-time accolades. We celebrated the strengths of emerging and established property markets, expanding to new regions and revisiting the region’s leading real estate destinations. We also honoured individuals—industry legends and rising stars poised to change the game. Through the People’s Choice Awards, we engaged with property buyers, giving them a platform to support developers who share their aspirations and values. We also recognised excellence in ESG, supporting those making our industry more sustainable for future generations of property seekers. It’s an honour to conclude this series by celebrating companies across a wide variety of real estate sectors and distinguishing multiple types of projects throughout Asia Pacific, a region that is becoming home to the cities of tomorrow.”Thien Duong, chairperson of the Grand Final, said: “This year’s winners across Asia Pacific have impressed the judges with their sustainable, functional masterplans and designs, spanning everything from expansive townships to livable homes and dynamic commercial spaces. Excellence in property development is incessantly redefined across the region, and we’re happy to contribute to this ongoing evolution. Congratulations to the Gold Standard bearers of real estate across Asia Pacific.”An independent panel of head judges from participating markets in the Awards selected the winners: Thien Duong, general director, GroupGSA Vietnam (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Japan); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ivan Lam​, executive director, international business, Charter Keck Cramer (Australia); Ken Ip, chairman, Asia MarTech Society (Mainland China); Kristin Thorsteins, co-founder & managing partner, Portman Investment Pte Ltd (Singapore); Dr. Nirmal De Silva, director and CEO, Paramount Realty (Sri Lanka); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (China – Hong Kong and Macau); Sorn Seap, president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).HLB ensured the fairness, transparency, and credibility of the selection process under the supervision of Paul Ashburn of HLB International Real Estate Group. The global network of independent professional accounting firms and business advisers was recognised as the “2024 Network of the Year.”The 19th PropertyGuru Asia Property Awards Grand Final was a highlight of PropertyGuru Week, which also featured the PropertyGuru Asia Real Estate Summit; the debut of the Awards in the Middle East; and the latest editions of the Awards in Mainland China, Hong Kong, Macau, Japan, India, Sri Lanka, and Cambodia.Organised by PropertyGuru Group, the 19th PropertyGuru Asia Property Awards Grand Final is supported by gold sponsor V-ZUG Thailand; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; media partners Bridges, BusinessWorld, d+a Magazine, Detik.com, Hot Magazine, Kiripost, Kompas.com, Luxury Society Asia, Manila Bulletin, Pattaya Trader, Prop2morrow, REm, SquareRooms, Tatler Asia Homes, The Philippine Star, and Think of Living; supporting partner REHDA Institute; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.COMPLETE LIST OF WINNERS19th PropertyGuru Asia Property Awards Grand FinalDEVELOPER AWARDS   Best Developer (Asia)Zhuhai Huafa Properties Co., Ltd. – Mainland China (WINNER)BHC Property – AustraliaHome Lands Skyline (Pvt) Ltd – Sri LankaNew World Development Company Limited – China – Hong Kong and MacauRobinsons Land – PhilippinesSignature Global (India) Limited – IndiaSinar Mas Land – IndonesiaUOL Group Limited – SingaporeBest Luxury Developer (Asia)Federal Land, Inc. – Philippines (WINNER)Best Township Developer (Asia)Paramount Land – Indonesia (WINNER)Best Mixed Use Developer (Asia)Oud Real-Estate Development Company – Saudi Arabia (WINNER)Best Sustainable Developer (Asia)UOL Group Limited – Singapore (WINNER)King Square Development Co., Ltd. – ThailandBest Industrial Developer (Asia)Aboitiz InfraCapital Economic Estates – Philippines (WINNER)Best Lifestyle Developer (Asia)TID Pte. Ltd. – Singapore (WINNER)Best Hospitality Developer (Asia)UOL Group Limited – Singapore (WINNER)          Best Community Developer (Asia)Phu Long Real Estates Corporation – Vietnam (WINNER)Best Boutique Developer (Asia)FRX Capital Private Limited – Singapore (WINNER)Lofter Group Limited – China – Hong Kong and MacauBest Breakthrough Developer (Asia)Federal Land NRE Global, Inc. – Philippines (WINNER)DEVELOPMENT AWARDSBest Mega Township Development (Asia)BSD City by Sinar Mas Land – Indonesia (WINNER)Best Township Development (Asia)Riverpark by Federal Land, Inc. – Philippines (WINNER)Koh Pich City by OCIC Group – CambodiaSummarecon Bogor by Summarecon Group – IndonesiaBest Mixed Use Development (Asia)Burswood Point by Golden Sedayu – Australia (WINNER)Gaysorn Village by Gaysorn Property Co., Ltd. – ThailandKingsQuare by King Square Development Co., Ltd. – ThailandShenzhen Huafa Snow World by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Ultra Luxury Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)Jianfa Zichen by Jianfa Fangdichan Jituan – Mainland ChinaBest Luxury Condo Development (Asia)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore (WINNER)R&F Princess Cove Phase 2 - Seine Region by R&F Development Sdn Bhd. – MalaysiaThe Seasons Residences by Sunshine Fort North Bonifacio Realty Development Corporation – PhilippinesWaterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) Ltd – Sri LankaBest High End Condo Development (Asia)Viento at Cerca by Alveo Land – Philippines (WINNER)Cerule at Solinea by Alveo Land – PhilippinesXi'an Huafa Lijun ‧Center Glorous by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)BLVD by OSK Property – AustraliaLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeThe Pavilia Forest by Joint Venture by New World Development Company Limited & Far East Consortium International Limited – China – Hong Kong and MacauBest Mid End Condo Development (Asia)Helix2 @ PJ South by Eupe Corporation Berhad – Malaysia (WINNER)Aspen Peak by Rumapadu by Harmas Land & Integrasi Transit Jakarta (ITJ) – IndonesiaBest Completed Condo Development (Asia)The Park 2 Pavilion Bukit Jalil by Malton Berhad – Malaysia (WINNER)Best Luxury Waterfront Condo Development (Asia)PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and Macau (WINNER)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporeBest Waterfront Condo Development (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER)Oceana Beach Resort Apartments & Villas - Wadduwa by Home Lands Skyline (Pvt) Ltd – Sri LankaThe Residences at Terrazas de Punta Fuego by Landco Pacific Corporation – PhilippinesBest Connectivity Condo Development (Asia)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and Macau (WINNER)Best TOD Condo Development (Asia)LRT City Cibubur by PT Adhi Commuter Properti Tbk. – Indonesia (WINNER)Best Investment Condo Development (Asia)Elements at Carousel by Jean Yip Developments – Australia (WINNER)Best Lifestyle Condo Development (Asia)The Residences at The Westin Manila by RLC Residences – Philippines (WINNER)Best Eco Friendly Condo Development (Asia)Alfa Bangsar by City Motors Group – Malaysia (WINNER)Best Ultra Luxury Housing / Landed Development (Asia)BuGaan Pattanakarn by Sansiri Public Company Limited – Thailand (WINNER)Best Luxury Housing / Landed Development (Asia)Narasiri Phahol-Watcharapol by Sansiri Public Company Limited – Thailand (WINNER)Best Housing / Landed Development (Asia)Grand Tsuru Niseko by Niseko Woodlands Limited – Japan (WINNER)Kisin by Yoichi Dreams – JapanMount Rosie Signature Collection by FRX Capital Private Limited – SingaporeBest Mid End Housing / Landed Development (Asia)The City Rama5-Nakhon In by AP (Thailand) Public Company Limited – Thailand (WINNER)Leonora at Summarecon Serpong by Summarecon Group – IndonesiaBest Affordable Housing / Landed Development (Asia)Avisa Residences, Tropicana Alam by Tropicana Corporation Berhad – Malaysia (WINNER)Britania Bekasi by PT. Mekar Agung Sejahtera – IndonesiaSpring Residence at Spring City, Sentul City by PT Sentul City Tbk – Indonesia    Villa Natura by Eupe Corporation Berhad – MalaysiaBest Completed Housing / Landed Development (Asia)Flora at Summarecon Bandung by Summarecon Group – Indonesia (WINNER)Best Waterfront Housing / Landed Development (Asia)By the Waters by Suryam Developers LLP – India (WINNER)Best Investment Housing Development (Asia)Iconia Garden Residence by Gunung Impian Development Sdn Bhd – Malaysia (WINNER)Best Branded Residential Development (Asia)Quayside JBCC by Bangsar Heights Pavilion – Malaysia (WINNER)The Residences at The Westin Manila by RLC Residences – PhilippinesBest Luxury Townhouse Development (Asia)Mercer by BHC Property – Australia (WINNER)Best Townhouse Development (Asia)Chatswood Garden by FY Property, Kooringa Group, MA Financial, CPDM – Australia (WINNER)Best Smart Home Development (Asia)Sanubari @ Bandar Dato Onn by JLand Group Sdn Bhd – Malaysia (WINNER)Best Integrated Work From Home Development (Asia)BLVD by OSK Property – Australia (WINNER)Best Wellness Residential Development (Asia)BLVD by OSK Property – Australia (WINNER)The Residences at The Westin Manila by RLC Residences – PhilippinesBest Heritage Development (Asia)Hotel Central Macau by Lek Hang Group – China – Hong Kong and Macau (WINNER)San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and MacauBest Mega Scale Industrial Development (Asia)Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation – Indonesia (WINNER)Best Industrial Development (Asia)Serenia Industrial Park by Sime Darby Property Berhad – Malaysia (WINNER)Light Industry & Science Park IV by Science Park of the Philippines. Inc. – PhilippinesBest Green Industrial Development (Asia)LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines (WINNER)Best Office Development (Asia)The MET Corporate Towers by Triterra Sdn Bhd – Malaysia (WINNER)83 King Lam Street by New World Development Company Limited – China – Hong Kong and MacauCybergate Iloilo Tower 3 by Robinsons Offices – PhilippinesFourE-com Center by SM Offices by SM Prime – PhilippinesJLC by Hongkong Land – Mainland ChinaOriental Square by OSI by Orient Success International Investment Joint Stock Company (OSI Holdings) – Vietnam          Best Retail Development (Asia)MixC Changchun by Lead8 – Mainland China (WINNER)23 Paskal Shopping Center by PT Indonesian Paradise Property Tbk and Subsidiaries – Indonesia          Best Smart Building Development (Asia)Biomedical Campus by Sinar Mas Land – Indonesia (WINNER)Best Green Development (Asia)Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V – Indonesia (WINNER)KingsQuare Residence by King Square Development Co., Ltd. – ThailandSignature Global Titanium SPR by Signature Global (India) Limited – IndiaBest Nature Integrated Development (Asia)Lentor Mansion by GuocoLand and Hong Leong Holdings Limited – Singapore (WINNER)Kisin by Yoichi Dreams – JapanThe Morizen at Summarecon Mutiara Makassar by Summarecon Group & Sumitomo Forestry – Indonesia                         DESIGN AWARDSBest Mega Township Masterplan Design (Asia)Medini Innopolis by Iskandar Investment Berhad – Malaysia (WINNER)Riverpark by Federal Land, Inc. – PhilippinesBest Township Masterplan Design (Asia)Ecovillage Saigon River by Ecopark – Vietnam (WINNER)Paramount Petals by Paramount Land – IndonesiaBest Mixed Use Architectural Design (Asia)K11 Shanghai, Huaihai Middle Road by Lead8 – Mainland China (WINNER)Quayside JBCC by Bangsar Heights Pavilion – Malaysia          Best Condo Architectural Design (Asia)Lentoria by TID Pte. Ltd. – Singapore (WINNER)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLucky No. 16 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaMeyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporePANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and MacauThe Hillshore by FRX Capital Private Limited – SingaporeThe Spinnaker by Landco Pacific Corporation – PhilippinesBest Housing / Landed Architectural Design (Asia)Ponderosa Callista by Berinda Group – Malaysia (WINNER)The Links Golf Villas by PT. New Kuta Golf And Ocean View – IndonesiaThe Palazzo Pinklao-Borom by AP (Thailand) Public Company Limited – ThailandVong Residence by V.I Land Investment Co., Ltd. – Cambodia          Best Resort Housing Architectural Design (Asia)Kisin by Yoichi Dreams – Japan (WINNER)Best Office Architectural Design (Asia)APAC Tower by APAC Land – Thailand (WINNER)GBF Center 1 by Robinsons Offices – PhilippinesJuli Road No.1 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaTHE CENDAS by S E A Holdings Limited – China – Hong Kong and MacauBest Retail Architectural Design (Asia)MITSUKOSHI BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (WINNER)               Best Condo Interior Design (Asia)BLVD by OSK Property – Australia (WINNER)             2C Boundary Street by Lofter Group Limited – China – Hong Kong and MacauCasa Rivera by HWCD Design – Mainland ChinaCentury of Cultural Collection by HWCD Design – Mainland China                            Best Housing / Landed Interior Design (Asia)Salty Jim Villa by DM Projects Group – Indonesia (WINNER)Regalità by Da Vinci Land – SingaporeBest Suburban Housing / Landed Interior Design (Asia)Palm Springs by LP Residences Co., Ltd – Cambodia (WINNER)Best Heritage Interior Design (Asia)San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau (WINNER)                       Best Mega Scale Office Interior Design (Asia)ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK by Jiang & Associates Creative Design – Mainland China (WINNER)          Best Office Interior Design (Asia)GBF Center 1 by Robinsons Offices – Philippines (WINNER)          Best Co Working Space (Asia)work.able Robinsons Summit Center by work.able  – Philippines (WINNER)Best Retail Interior Design (Asia)SKP Chengdu by Sybarite – Mainland China (WINNER)Best Hospitality Interior Design (Asia)Pan Pacific Orchard by UOL Group Limited and Pan Pacific Hotels Group – Singapore (WINNER)Best Condo Landscape Design (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER)  1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeMeyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore                            PUBLISHER’S CHOICEPropertyGuru Icon AwardHenry T. Sy, Jr., Non-Executive Director/Chairman of the Board, SM Prime Holdings Chairman and Chief Executive Officer, SM Development Corporation (WINNER)About PropertyGuru’s Asia Property AwardsPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 28 million property seekers(2) to connect with almost 46,000 agents(3) monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024.  (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com   Media & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.com     Piyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com Sales & Nominations:Udomluk Suwan, Sales DirectorM: +66 87 699 4433E: may@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.