Italy Sets April 10 for Finalizing Retail Gambling Reform Decree

(AsiaGameHub) -   Italy’s Council of Ministers is expected to release the finalized legislative decree concerning the restructuring of land-based gambling by the beginning of April. The Council currently projects the full decree to be published on April 10, marking the commencement of the second phase of the Meloni government's comprehensive reform. The final approvals for the decree are presently undergoing review by the Unified Conference (UC), which represents Italy’s 20 autonomous regions and 110 municipalities. This initiative, initially launched in 2023, began with the overhaul of Italy's online gambling framework and the introduction of a new licensing system, which was implemented in November 2025. The decree's final amendments will concentrate on regulations regarding operating hours and the minimum distance between gambling establishments and 'sensitive locations,' such as schools, hospitals, and other public facilities. New concession structure detailed The decree will introduce a new framework for retail betting operations across key sectors: Gaming machines: A starting bid of €25 million is set for packages containing 4,000 Amusement with Prizes (AWPs) and 900 Video Lottery Terminals (VLTs). Retail betting licences: Batches of 25 licences will be available for €60,000 each, with a base bid of €1.5 million. Bingo halls: The starting bid is €350,000 per venue, covering 210 locations. There is growing pressure in Italy to enact these reforms, particularly within the gaming machine sector, which experienced a €250 million decrease in tax revenue in 2025. Lawmakers have cautioned that delays in implementing the new decree are contributing to the expansion of the unlicensed market, which is estimated to be valued between €30 billion and €35 billion across both retail and online channels. Increased share for provinces The reorganization will also implement a revenue-sharing mechanism to benefit regional authorities, as stipulated by the 2026 Budget Law. Following negotiations, the UC has proposed an initial allocation of €80 million to be distributed among various localities, indicating a greater involvement of local entities in gambling revenue. A certification system for licensed operators will also be established, enabling approved businesses to open venues at a minimum distance of 100 meters from sensitive sites. Authorities will also form a permanent committee to monitor problem gambling rates and enhance anti-money laundering controls, overseen by ADM – Italy’s Customs and Monopolies Agency. These measures are designed to reduce the overall availability of gambling, combat illegal market activities, decrease tax evasion, and mitigate the risks of criminal infiltration. Meloni's commitment The government remains committed to its promise of a complete overhaul of both retail and online gambling in Italy, with an initial target date of 2026, aiming to usher in new standards for governance and licensing. Prime Minister Giorgia Meloni has upheld this commitment despite a period of political uncertainty. She recently faced a significant setback with the rejection of the Nordio Referendum on March 22, which aimed to reform Italy's judicial system. During the referendum, 52% of voters opposed the government's proposals for a new 15-member Disciplinary Court and a revised appointment system for Italian judges. This outcome marked Meloni's first major defeat since assuming office in 2022. However, despite this recent loss, gambling reform appears to remain a high priority. The reform of current gambling regulations seeks to improve public health protections, support licensed operators, and stabilize tax revenues throughout Italy. Crucially, finalizing the decree before the expiration of the fiscal delegation law on August 29 would enable Italy to avoid further extensions of concessions for gaming machines, betting, and bingo, which are currently set to expire on December 31. Italy's long-awaited retail reform is nearing completion, but its success will depend on the alignment of Rome and the regional authorities on the final terms. The final approval of the decree represents a significant test of the government's capacity to reshape the market. Article provided by…. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Focus Graphite Initiates WSP-Led Dam Break Study at Lac Knife, Advancing ESIA Toward Completion

OTTAWA, ON, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce the initiation of a comprehensive tailings storage facility (TSF) dam break analysis (the "Study") for its flagship Lac Knife Graphite Project (the "Project") located in Quebec.The Study, led by WSP Canada Inc. ("WSP"), a global leader in engineering and environmental consulting, will evaluate hypothetical failure scenarios for the Project's planned filtered (dry-stack) tailings storage facility and associated water retention infrastructure. The work will generate detailed flood mapping and downstream impact assessments, forming a key component of the Company's Environmental and Social Impact Assessment ("ESIA").Using advanced hydrological and hydraulic modelling, the analysis will simulate breach scenarios under extreme conditions, including Probable Maximum Precipitation (PMP). The Study will incorporate site-specific topography and established industry methodologies to estimate potential flood extent, depth, and timing. These outputs are intended to inform contingency planning, support regulatory review, and strengthen the overall ESIA submission, with completion expected to support the Company's 2026 ESIA advancement timeline.The assessment is being conducted in alignment with recognized industry frameworks, including guidelines from the Canadian Dam Association (CDA) and the Global Industry Standard on Tailings Management (GISTM), reflecting a risk-informed and environmentally responsible approach to project design."This is a meaningful step forward for Lac Knife," said Dean Hanisch, Chief Executive Officer of Focus Graphite. "With this study underway, we are entering the final stages of the ESIA process and establishing a clearer line of sight toward permitting. As we advance, we remain committed to developing this project responsibly, respecting the surrounding environment and the communities connected to this land, while building a high-quality, near-term source of graphite for North American supply chains."The Study builds on a substantial body of completed technical work and reflects continued advancement of the Project through the development pipeline. The use of filtered (dry-stack) tailings at Lac Knife represents a modern approach to tailings management, widely recognized as a lower-risk alternative to conventional slurry-based systems. This analysis further enhances understanding of downstream conditions and supports integration of risk-informed engineering into final design.Upon completion, results will be incorporated into the Company's ESIA documentation, supporting ongoing engagement with regulators and stakeholders. Completion of the ESIA is expected to represent a key milestone toward permitting and future construction readiness.WSP brings extensive global expertise in mining, hydrotechnical engineering, and tailings management, reinforcing the technical rigor underpinning the Project.The Company will continue to provide updates as ESIA-related milestones are achieved.Qualified PersonThe technical content disclosed in this news release was reviewed and approved by Richard Pearce, PE, President of Brasil Insight Capital LLC., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.About Focus Graphite Advanced Materials Inc.Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining — we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures an eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com.LinkedIn: https://www.linkedin.com/company/focus-graphite/X: https://x.com/focusgraphiteInvestors Contact:Dean HanischCEO, Focus Graphite Inc.dhanisch@focusgraphite.com+1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the anticipated scope, timing and completion of the tailings dam break analysis; the Company's belief that the Study represents one of the final major technical components required to support completion of the Environmental and Social Impact Assessment ("ESIA"); the incorporation of Study results into ESIA documentation; the advancement of the Lac Knife Project toward permitting and regulatory approval; and the Company's plans and objectives for the development of the Project.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290423 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

T-RIZE Structures Up to $500 Million Private Credit Digital Bond Programme on Canton Network

LONDON, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - T-RIZE Group (https://www.t-rize.io) today announced its role in structuring a private credit digital bond programme of up to $500 million for Horizon Group through Kairos Litigation Limited, a UK-based bankruptcy-remote special purpose vehicle established as the issuer for the programme. Horizon Group acts as programme manager. The programme will begin with an initial $50 million tranche launching shortly for eligible investors in the United States and Europe on the Canton Network, with capacity for additional tranches over time.The announcement highlights T-RIZE's institutional tokenization capability: structuring highly complex underlying exposures into institutionally governed, fixed-yield digital instruments built for professional markets.For the Kairos programme, T-RIZE has digitally structured a specialized private credit strategy into a market-ready issuance framework built on ring-fenced architecture, disciplined governance, permissioned investor access, and full lifecycle administration. Its role spans tokenization design, digital issuance architecture, governance and control logic, onchain instrument creation, lifecycle management, and reporting architecture required for institutional operation.The underlying exposure is a highly granular portfolio of UK litigation-finance receivables, a segment of private credit historically outside digital capital markets. T-RIZE has helped bring that exposure into a digital bond format designed for institutional use, combining fixed-yield economics, short-duration deployment, and a clearer structural framework for investor oversight.The credit architecture combines multiple protection layers. The issuer structure is bankruptcy-remote. Assets and related cash flows are ring-fenced. Risk is segmented through independent validation, and claim-level protection mechanisms. The capital-protection layer is supported by a performance-bond framework with reinsurance support from A-rated international reinsurers. Together, these features strengthen capital protection, improve cash-flow predictability, and support a stronger and transparent risk/reward profile than direct exposure to the underlying assets alone.T-RIZE is also providing the digital operating layer through which the tokens are minted, and administered on Canton Network. It supports onboarding, eligibility controls, credential management, transfer permissions, token lifecycle management, and governance execution. Critical actions are governed through a control framework incorporating multi-party computation and multi-signature approval logic, reinforcing institutional operating standards, and reducing single-point failure risk.The framework also includes collateral functionality scheduled for later activation, positioning the instrument over time for broader use across financing, treasury and liquidity workflows as institutional digital market infrastructure matures.For major financial institutions, the significance extends well beyond a single issuance. It demonstrates that T-RIZE can take complex private credit structures, architect them from the ground up, transform them into digitally native frameworks designed for institutional execution, governance, and scale."This programme reflects the level of structuring, control and technical integration required for institutional private credit to operate effectively in digital markets," said Madani Boukalba, Founder and CEO of T-RIZE Group. "T-RIZE helps institutions restructure highly complex, market-agnostic exposures into fixed-yield digital instruments with transparent structural protections and a clear onchain transparency layer across the life of the instrument. That opens access to structured opportunities that have traditionally remained difficult for institutions to reach in standardized form, while allowing them to benefit from attractive risk/reward dislocations with stronger governance, visibility and lifecycle control."T-RIZE also holds a strong position within Canton Network. It is a Premier Member of the Canton Foundation, an early validator and a builder of production-grade tokenization infrastructure on the network. Canton Network now functions as institutional market infrastructure, with live tokenization, active collateral and repo workflows, and growing participation from major regulated institutions. T-RIZE is engineering the Kairos programme inside that framework so it aligns not only with institutional issuance standards today, but with the next phase of market utility; interoperability, governed execution, and future collateral activation on Canton Network rails.Ann-Marie Bell, CEO of Kairos Litigation Limited, said: "T-RIZE helped us translate a complex private credit structure into a market-ready institutional digital issuance. Their contribution across structuring, governance design, control architecture, compliance logic, and technical implementation was instrumental in bringing the first tranche to market."More broadly, the transaction positions T-RIZE as a structuring partner for institutions seeking to bring complex opportunities into a governed digital issuance framework on Canton Network, with the standards of control, transparency, and execution required by professional markets.About T-RIZE GroupT-RIZE Group is a financial technology company building institutional-grade tokenization infrastructure for digital securities, structured products, and real-world assets. The company structures, tokenizes, issues and administers compliant digital instruments across asset classes including private credit, funds, securities, bonds, commodities, and real estate. T-RIZE Labs, the group's R&D division, advances next-generation tokenization systems, and digital market architecture. T-RIZE's technology stack is engineered to institutional and defense-grade security standards and deployed on Canton Network for interoperability, governed execution, and future collateral activation.About Kairos and Horizon GroupKairos Litigation Limited is a UK-based special purpose vehicle established to issue digital loan notes and support the structured financing of eligible underlying receivables within a ring-fenced institutional framework. Horizon Group acts as programme manager and brings more than five years of operating history and a zero-default track record across its lending portfolio, supporting origination, underwriting framework, servicing oversight, and portfolio administration in connection with the programme.Media ContactBrand: T-RIZE GroupContact: Media teamEmail: press@t-rize.ioWebsite: https://www.t-rize.io Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Superbet Anticipates a Swift and Significant Influence on Greece’s Betting Sector

(AsiaGameHub) -   Romanian multinational gaming company Super Technologies (Super) has rolled out its flagship Superbet sports betting platform in Greece. In a statement released this morning (30 March), the Bucharest-headquartered firm expressed confidence in the Greek market’s growth potential. Superbet will operate with a ‘sports-first’ approach, supported by a focus on local sports communities and active public engagement. Alongside its core sportsbook service, Superbet will offer an iGaming portfolio. The company has established a local team to lead its operations, tasked with ensuring its online products align with local market trends. Leading this team is John Kalamvokis, General Manager of Superbet Greece. Kalamvokis brings extensive experience in Greece’s betting and gaming sector, having spent over 10 years at Kaizen Gaming—operator of Betano and Stoiximan. “This marks a significant moment for Greece’s gaming landscape, as a major brand like Superbet enters the market,” said Kalamvokis. “In a short span, we’ve built a strong team of professionals committed to delivering the most exciting and immersive entertainment experience.” “We are confident that our innovative offerings, such as Supersocial—a groundbreaking and engaging social network—will create a game-changing moment for the industry. Today, we’re only writing the first chapter of a future success story that will unfold through impactful partnerships and community projects.” Superbet hails Greece’s ‘thriving market’ Superbet is entering a vibrant local market overseen by the Hellenic Gaming Commission (EEEP), which regulates retail and online sports betting, casinos, online poker, and lotteries under Law 4002/2011. Notable local players include OPAP—once state-owned and now merged with global gaming and lotteries giant Allwyn. Other key players are Novibet (which was nearly acquired by Allwyn before the deal was recently called off), Kaizen Gaming, and Swedish multinational Betsson, among others. “Greece is a mature and thriving market, so we’re proud to finally be here,” said Adam Lamentowicz, Chief Commercial Officer – CEE at Super. “This goes beyond a typical market entry; it’s a long-term commitment to build the country’s most engaging entertainment ecosystem and bring people closer through excitement and a shared passion for sporting competitions.” Adam Lamentowicz, Chief Commercial Officer – CEE at Super – Source: Super Superbet’s entry into Greece coincides with a government campaign against the illegal gambling sector, spearheaded by Kyriakos Pierrakakis, Minister of National Economy and Finance. The minister is leading a legislative push to overhaul Greece’s laws on black market betting. It also comes amid ongoing legislative and regulatory discussions in the firm’s home market of Romania, where the gambling age has been raised from 18 to 21 and local authorities granted more powers to close or restrict retail betting operations. In a recent interview with SBC News, Borut Petek, Chief Global Affairs Officer at Super Technologies, asserted that the firm’s ‘strategic rationale’ in Romania and the wider CEE region ‘remains unchanged’ despite regulatory shifts in its home market. The Greek launch continues a transformative period for Super, which rebranded last year after previously trading under the Superbet name. It also secured a €1.3bn (£1.1bn) refinancing agreement with alternative asset manager Blackstone in 2025, building on a 2019 strategic investment of €175m. Earlier this year, Super further strengthened its position in Romania via the acquisition of Maxbet Online—distinct from the Serbian betting multinational Maxbet. Greece now joins Brazil, Belgium, Poland, Romania, and Serbia as a core market for the group, while it maintains technology hubs in Spain, the Netherlands, Croatia, and its home nation. “We intend to be a leading voice in Greece for years to come and are confident our brand and product offering will have an immediate impact,” Lamentowicz concluded. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

From Investment to Sales to Scenario Operations, Shoucheng Holdings (0697.HK) Robotics Commercialization Closed Loop Is Rapidly Taking Shape

HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings (0697.HK) is accelerating the evolution of its robotics business from pure equity investment toward a deeper commercialization infrastructure stage. In the company’s newly released 2025 Chairman’s Statement, Chairman Zhao Tianyang made it clear that Shoucheng Holdings is leveraging its extensive offline asset management scale to build the “last mile” that brings the robotics industry from the laboratory to the market.According to the Chairman’s Statement, Taozhu New Manufacturing Hub, the robotics commercialization platform under Shoucheng Holdings, has already been successfully launched in top-tier commercial locations such as Beijing Shougang Park, Terminal 3 Parking Building of Beijing Capital Airport, and Beijing Wangfujing APM. Zhao Tianyang revealed in the statement that these stores have enjoyed strong foot traffic, and that their operating performance has far exceeded expectations.Building on its initial success, Shoucheng Holdings plans to further expand its store network to 20 locations within 2026, covering leading commercial districts in core cities such as Beijing, Shanghai, Shenzhen, and Chengdu. This is not merely an expansion of retail outlets, but also the establishment of hubs for real-world robot demonstrations and user interaction.On the online front, the company has officially launched the “Barrier Breaker Program”, using social platforms such as Douyin and Xiaohongshu for livestream sales and in-depth product teardowns, transforming hard-tech products into consumer-grade or commercially applicable products that the public can readily understand and adopt. At present, Shoucheng Holdings has become an authorized distributor for nearly 100 robotics companies. To further lower procurement barriers for end users, Shoucheng has also partnered with “Beijing Robotics Financial Leasing Company” to provide integrated leasing services for research institutions, medical institutions, and large enterprises, using financial tools to accelerate robot adoption.In addition, Shoucheng Holdings is drawing on its deep expertise in infrastructure asset management to provide robots with natural testing grounds and operating venues. The Chairman’s Statement notes that the company jointly launched the country’s first “Auto-Charging Robot Pop-up Experience Station” at Chengdu ICD, demonstrating how robots can empower traditional commercial spaces.Chairman Zhao Tianyang also set out a clear development goal in the statement: going forward, Shoucheng Holdings will continue to advance its strategy of upgrading parking lots into robot operation bases, thereby forming a complete closed loop of “investing in robotics companies – empowering portfolio companies through offline sales – carrying out in-depth offline scenario operations.” Through the interlocking of investment, channels, and scenarios, Shoucheng Holdings is building a formidable competitive moat in the robotics sector. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Northern Ireland’s gambling support infrastructure under scrutiny

(AsiaGameHub) -   There’s growing pressure on policymakers to re-evaluate Northern Ireland’s support system for problem gambling, especially as the rest of the UK undergoes a major overhaul of its own. At a recent roundtable held by the Assembly All Party Group on Reducing Harm Related to Gambling (APPG RHRG), Members of the Legislative Assembly (MLAs) met with healthcare specialists and Stormont representatives to review Northern Ireland’s strategy for tackling problem gambling. A key topic of conversation was the disparity in problem gambling support between Northern Ireland and other UK regions: England has 15 dedicated problem gambling support centers, while Wales is set to launch a specialized treatment service later this week. Scotland also lacks NHS clinics for this issue, but that may soon shift as Public Health Scotland and a large NHS organization are poised to receive millions in statutory levy funds. However, Northern Ireland hasn’t put any similar measures in place—there are no specialized centers offering multidisciplinary care for problem gambling anywhere in the region. Demands for an updated approach to gambling harm services are emerging as pressure builds to classify problem gambling in Northern Ireland as a national public health issue. The Northern Ireland Statistics and Research Agency estimates that 3% of adults are at-risk gamblers, based on the PGSI score. A major point of emphasis was the absence of a unified support system to effectively assist those affected by gambling harm, as well as the sharp contrast with other UK areas that have specialized clinics staffed by qualified experts to care for patients. Calls for a refreshed strategy for gambling harm services are happening as there’s increasing pressure to designate gambling in Northern Ireland as a national public health priority. The Northern Ireland Statistics and Research Agency calculates that 3% of adults are at-risk gamblers, using the PGSI score. According to local publication Business First, Philip McGuigan MLA—Chair of the All Party Group on Reducing Harm Related to Gambling and Stormont’s Health Committee—commented: “The All Party Group has consistently called for gambling to be treated as a public health priority, with cross-party support reinforced by an Assembly motion passed in January 2025. “Central to these proposals is the introduction of an industry-funded levy on gambling operators. While legislation exists to introduce a levy on land-based operators here, implementation remains at an early stage and would not apply to online gambling companies due to outdated regulatory frameworks. “This contrasts with Britain, where a statutory levy introduced in April 2025 is expected to raise nearly £120m annually. Funds are allocated to research (20%), prevention (30%), and treatment (50%).” Will action match the statistics? In 2025, the National Institute for Health and Care Excellence (NICE) released a research paper with recommendations for the government to implement—including a new gambling harm levy—which the Northern Ireland Department of Health also backed. But the general agreement was that fully adopting these recommendations would be costly and require a total overhaul of Northern Ireland’s gambling system, needing substantial government investment. England, Wales, and Scotland—Northern Ireland’s neighbors—introduced a statutory Research, Education, and Treatment (RET) levy last year, as required by the 2005 Gambling Act Review White Paper. This levy takes a portion of operators’ gross gambling yield (GGY) to fund treatment services. However, since Northern Ireland has its own gambling regulations, creating such a levy falls entirely under the purview of the Northern Ireland Executive. McGuigan concluded: “Online gambling companies do not pay a levy on bets taken in the North, despite these companies being able to advertise and operate in the region if licensed in Britain. As a result, they are effectively operating in an unregulated market locally without contributing to harm reduction services. “This is funding that could transform support for individuals and families affected by gambling harms. But there is currently no guarantee it will be allocated to the north.” Northern Irish policymakers may want to question whether a statutory levy, specifically one following the model adopted in other parts of the UK, is entirely appropriate.” The new model has received some criticism—such as from the Gambling Lived Experience Network—and the DCMS has provided a transition grant to help the voluntary sector adapt to the changes. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

‘First-listed Chinese Noodle Restaurant’ Xiao Noodles Announces 2025 Annual Results

Performance Highlights:- Revenue: RMB1,622.4 million, representing a year-on-year increase of 40.5%- Net Profit: RMB106.1 million, representing a year-on-year increase of 74.8%- Adjusted Net Profit (a non-IFRS measure): RMB135.4 million, representing a year-on-year increase of 111.9%- In 2025, the Group opened 156 new restaurants, comprising 134 self-operated restaurants and 22 franchised restaurants- As of December 31, 2025, the Group operated 395 self-operated restaurants and 92 franchised restaurants across 24 cities in Mainland China, 15 restaurants in the Hong Kong Special Administrative Region and 1 restaurant in SingaporeHONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Guangzhou Xiao Noodles Catering Management Co., Ltd. (the “Company” or “Xiao Noodles”; Stock Code: 2408.HK) is pleased to announce that the board of directors of the Company announces the unaudited consolidated results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2025 (the “Reporting Period”).As the “First-listed Chinese Noodle Restaurant” on the Hong Kong Stock Exchange, the Group leveraged its standardized operational system and core product strengths in 2025 to comprehensively drive store expansion and optimize its business portfolio. Through synergies across its business segments, the Group achieved significant revenue growth during a period of profound industry restructuring.During the Reporting Period, the Group generated revenue of RMB1,622.4 million, representing a year-on-year increase of 40.5%; net profit reached RMB106.1 million, up 74.8% year-on-year; and adjusted net profit (a non-IFRS measure) amounted to RMB135.4 million, up 111.9% year-on-year. In 2025, the Group opened 156 new restaurants, including 134 self-operated restaurants and 22 franchised restaurants. As of December 31, 2025, the Group operated a total of 503 restaurants, comprising 395 self-operated and 92 franchised restaurants across 24 cities in mainland China, 15 restaurants in the Hong Kong Special Administrative Region, and one restaurant in Singapore, marking significant expansion achievements.Steady Growth in Self-operated Restaurants, Reinforcing the Core BusinessThe Group’s revenue primarily comes from self-operated restaurants operation and franchised restaurants management. Self-operated restaurants serve as the core revenue pillar, while franchised restaurants emerged as a new growth engine. The synergistic efforts of these two business segments are driving the Group’s continued improvement in profitability.In terms of self-operated restaurant business, in 2025, the operational quality and efficiency of self-operated restaurants continued to improve, with core operational indicators delivering outstanding performance. The Group’s revenue from self-operated restaurant operations increased from RMB1,001.0 million in 2024 by 44.9% to RMB1,450.2 million in 2025, primarily attributable to the increase in the number of self-operated restaurants. Revenue from self-operated restaurant operations as a percentage of total revenue increased from 86.7% in 2024 to 89.4% in 2025. In addition, revenue from delivery business as a percentage of total revenue increased rapidly from 15.6% for the year ended December 31, 2024 to 23.3% for the year ended December 31, 2025.During the Reporting Period, the average spending per order at the Group’s self-operated restaurants amounted to RMB29.9, remaining stable, while average daily orders per restaurant increased from 386 orders in 2024 to 406 orders in 2025, demonstrating improved customer attraction.In terms of same-store operating performance, it remained robust, with same-store sales amounting to RMB745.612 million, representing a year-on-year increase of 1.0› average daily orders per same store increased from 391 orders in 2024 to 427 orders in 2025, and the average spending per order at same stores was RMB29.4, remaining stable.In terms of franchised restaurants, in 2025, the Group’s franchised restaurant operations delivered excellent performance, with improvements across various core indicators. The Group’s revenue from franchise management increased from RMB152.5 million in 2024 by 12.3% to RMB171.3 million in 2025, primarily attributable to the increase in the number of restaurants.Steady Progress in Domestic and Overseas Expansion to Actively Explore New Growth OpportunitiesWhile maintaining the steady development of its existing business, the Group has actively expanded its business to the Hong Kong Special Administrative Region and overseas markets, steadily increasing market penetration and seeking new growth opportunities.As of December 31, 2025, the Group had successfully opened 15 restaurants in the Hong Kong Special Administrative Region and one restaurant in Singapore, marking initial achievements in its overseas market layout. During the Reporting Period, the Hong Kong market delivered an outstanding overall operating performance with remarkable results in regional expansion. Going forward, the Group plans to further expand into Southeast Asia to enhance its brand recognition, optimize its market layout, and drive long-term, steady and diversified revenue growth.Future OutlookLooking ahead to 2026, driven by a series of national policies to stabilize the economy and promote growth, China’s domestic economy and consumer market are expected to continue their recovery, with residents’ consumption capacity and confidence further strengthened, injecting strong impetus into the development of the Chinese fast food industry.Against this backdrop, the Group will firmly seize market opportunities, leverage its brand advantage as the "First-listed Chinese Noodle Restaurant", and promote the expansion of its restaurant network, with plans to open 150 to 180 new restaurants in 2026. Meanwhile, the Group will continue to increase investment in brand building to deepen brand recognition and influence, steadily advance its overseas market expansion, consolidate its leading position in the Chinese noodle restaurant segment, and strive to create greater value for shareholders.About Guangzhou Xiao Noodles Catering Management Co., Ltd.Guangzhou Xiao Noodles Catering Management Co., Ltd. is a Chinese noodle restaurants operator in China. We operate the Xiao Noodles brand in the Chinese Mainland and Hong Kong SAR. Our restaurant network encompassed 395 self-operated restaurants and 92 franchised restaurants across 24 cities in the Chinese Mainland and 15 restaurants in Hong Kong SAR and one restaurant in Singapore as of December 31, 2025. According to Frost & Sullivan, the Company ranked fourth largest Chinese noodle restaurants operator in China in terms of GMV in 2024. Based on the same source, we ranked the thirteenth in the overall Chinese QSR market in terms of GMV in 2024. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Resona Holdings, BrainPad, and Fujitsu sign basic agreement for collaboration to transform financial operations with data and AI and advance next-generation data utilization

Tokyo and Kawasaki, Japan, Mar 30, 2026 - (JCN Newswire via SeaPRwire.com) - Resona Holdings, Inc., BrainPad Inc., and Fujitsu Limited today announced the signing of a basic agreement for collaboration. The partnership aims to advance financial operations through the utilization of data and AI, and to develop next-generation data utilization models with a view toward expanding into regional areas and diverse industries. Purpose of the collaborationAs uncertainty surrounding corporate management increases due to fluctuations in business flows, natural disasters, and supply chain disruptions, financial institutions are called upon to provide more advanced corporate support, as well as enhanced credit assessment and monitoring services. The Resona Group and BrainPad have been working to advance the Resona Group’s operations by leveraging data and AI in financial practices, including through the provision of Data Ignition [1] (an AI business support software for regional financial institutions). With the addition of Fujitsu—which possesses advanced technical capabilities and extensive expertise in real-world implementation within the data and AI fields—to this collaboration, the aim is to go beyond simply creating use cases for financial operations and work together to co-create next-generation data and AI utilization models with a view toward expansion into regional markets and other industries.Through the collaborative use of data and AI, the three companies will support the sustainable growth of local economiesThis collaboration will position the Resona Group's actual operations as a field for demonstration and preliminary use. The three companies will work together to create various use cases that lead to the advancement of business processes in financial practices such as corporate evaluation, monitoring, and sales support.Furthermore, the initiative will transform decision-making and value creation processes in operations by combining the practical knowledge and financial data gained through the collaboration between the Resona Group and BrainPad with Fujitsu's data and AI technologies, offerings from Fujitsu’s Uvance business model to address societal challenges, and diverse external data, such as those related to distribution channels and supply chains. This will not only provide value to regional financial institutions but also support the sustainable growth in regional economies.Collaboration details 1. Transformation of Resona group's financial operations through utilization of agentic AIThe three companies will accelerate the practical implementation and verification of data utilization and agentic AI within the Resona Group with the aim of maximizing the value provided by financial services, considering the following use case examples: AI agents autonomously collect data and provide insights to enhance the quality and quantity of customer understanding, proposals, and decision-making by sales representatives, leading to more advanced business support.Transforming business processes that rely excessively on human experience and judgment by validating AI agents that can autonomously make decisions and take action in response to changes in operations and through collaboration with other AI agents.2. Expansion of practical models to regional financial institutionsTo extend the knowledge gained within the Resona Group to regional financial institutions, the collaboration will focus on the development and enhancement of Data Ignition, optimization of operational and connection methods suitable for financial business flows, and the exploration of new business models.3. Contribution to regional economic development through financial data expansionBuilding upon the knowledge cultivated through previous initiatives, the collaboration will explore the potential for financial data utilization that creates new value by linking external data such as those related to commercial transactions and supply chains. This will contribute to the sustainable development of regional economies.Creation of new business opportunities and financial services based on changes in inter-company transaction relationships and business environments.Pursuit of data linkage models to expand regional economic transaction volumes and revitalize industries.Exploration of models for collaboration with local governments and other entities, ecosystem formation, and value return to the entire region.Roles of Each Company Resona Holdings’ Role: Resona Holdings will serve a central role in providing its financial operations as a field for demonstration and preliminary use, verifying the effectiveness and business suitability of data and AI utilization through practical knowledge and on-site feedback.BrainPad's Role: BrainPad will be responsible for setting challenges and formulating hypotheses aligned with financial practices, and for deriving insights through data science analysis. This will support the effective utilization of agentic AI in the field.Fujitsu's Role: Fujitsu will be responsible for designing and implementing AI platforms and architectures that integrate diverse data to create new value. Leveraging its extensive knowledge in financial institution system development and operation, its Uvance for Finance solution offerings, and its AI technologies including the AI agent Watomo and the large language model Takane, Fujitsu will realize the expansion of practical models established within the Resona Group to various regions and industries, thereby promoting the sustainable growth of regional economies.(1) Data Ignition: An AI business support tool jointly developed by Resona Holdings, Resona Bank, and BrainPad, which helps predict customer needs from limited data and supports operational efficiency. About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuPress ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

US Lets Russian Oil Tanker Reach Cuba Amid Blockade as Trump Says Island ‘Has to Survive’

(SeaPRwire) -   The U.S. government has permitted a Russian oil tanker to reach Cuba, thereby easing a blockade that has contributed to an energy crisis on the island, according to a report.The Russian-flagged tanker, identified as the Anatoly Kolodkin, was en route to Cuba on Sunday, carrying approximately 730,000 barrels of oil, The New York Times reported, citing a U.S. official familiar with the matter.Ship tracking data indicated that the tanker Anatoly Kolodkin was positioned near the eastern tip of Cuba on Sunday."We have a tanker out there. We don’t mind having somebody get a boatload, because they need … they have to survive," President Donald Trump stated to reporters on Sunday when questioned about the report."If a country wants to send some oil into Cuba right now, I have no problem whether it’s Russia or not," he added.Previously, Trump had aimed to restrict oil shipments to Cuba as a means of pressuring its government.The U.S. government has temporarily relaxed certain sanctions on Russian oil shipments to help stabilize global energy markets, following disruptions in the Strait of Hormuz after U.S. and Israeli military actions against Iran that commenced last month.According to tracking services MarineTraffic and LSEG, the Anatoly Kolodkin, which departed from Primorsk, Russia, could soon dock at Cuba's Matanzas port if it maintains its current course.The oil shipment is expected to provide substantial relief to Cuba, where President Miguel Díaz-Canel has reported ongoing fuel shortages for months, leading to strict gasoline rationing and exacerbating the island's energy crisis.The U.S. apprehension of then-Venezuelan leader Nicolás Maduro in January removed a key Cuban ally that had been supplying oil to the island under favorable terms.The Trump administration subsequently halted all Venezuelan oil shipments to Cuba and pledged to impose punitive tariffs on any third country that supplied shipments to the island, which prompted Mexico to cease its exports to Cuba.Another vessel, the Hong Kong-flagged Sea Horse, was also transporting around 200,000 barrels of Russian fuel to Cuba but was rerouted to Venezuela. This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content. Category: Top News, Daily News SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.

T-RIZE Structures Up to $500 Million Private Credit Digital Bond Programme on Canton Network

Programme issued through Kairos Litigation Limited, with first $50 million tranche scheduled to launch in the near term for eligible U.S. and European investors through compliant broker-dealers LONDON, UK – March 30, 2026 – (SeaPRwire) – T-RIZE Group (https://www.t-rize.io) today announced its role in structuring a private credit digital bond programme of up to $500 million for Horizon Group through Kairos Litigation Limited, a UK-based bankruptcy-remote special purpose vehicle established as the issuer for the programme. Horizon Group acts as programme manager. The programme will begin with an initial $50 million tranche launching shortly for eligible investors in the United States and Europe on the Canton Network, with capacity for additional tranches over time. The announcement highlights T-RIZE’s institutional tokenization capability: structuring highly complex underlying exposures into institutionally governed, fixed-yield digital instruments built for professional markets. For the Kairos programme, T-RIZE has digitally structured a specialized private credit strategy into a market-ready issuance framework built on ring-fenced architecture, disciplined governance, permissioned investor access, and full lifecycle administration. Its role spans tokenization design, digital issuance architecture, governance and control logic, onchain instrument creation, lifecycle management, and reporting architecture required for institutional operation. The underlying exposure is a highly granular portfolio of UK litigation-finance receivables, a segment of private credit historically outside digital capital markets. T-RIZE has helped bring that exposure into a digital bond format designed for institutional use, combining fixed-yield economics, short-duration deployment, and a clearer structural framework for investor oversight. The credit architecture combines multiple protection layers. The issuer structure is bankruptcy-remote. Assets and related cash flows are ring-fenced. Risk is segmented through independent validation, and claim-level protection mechanisms. The capital-protection layer is supported by a performance-bond framework with reinsurance support from A-rated international reinsurers. Together, these features strengthen capital protection, improve cash-flow predictability, and support a stronger and transparent risk/reward profile than direct exposure to the underlying assets alone. T-RIZE is also providing the digital operating layer through which the tokens are minted, and administered on Canton Network. It supports onboarding, eligibility controls, credential management, transfer permissions, token lifecycle management, and governance execution. Critical actions are governed through a control framework incorporating multi-party computation and multi-signature approval logic, reinforcing institutional operating standards, and reducing single-point failure risk. The framework also includes collateral functionality scheduled for later activation, positioning the instrument over time for broader use across financing, treasury and liquidity workflows as institutional digital market infrastructure matures. For major financial institutions, the significance extends well beyond a single issuance. It demonstrates that T-RIZE can take complex private credit structures, architect them from the ground up, transform them into digitally native frameworks designed for institutional execution, governance, and scale. “This programme reflects the level of structuring, control and technical integration required for institutional private credit to operate effectively in digital markets,” said Madani Boukalba, Founder and CEO of T-RIZE Group. “T-RIZE helps institutions restructure highly complex, market-agnostic exposures into fixed-yield digital instruments with transparent structural protections and a clear onchain transparency layer across the life of the instrument. That opens access to structured opportunities that have traditionally remained difficult for institutions to reach in standardized form, while allowing them to benefit from attractive risk/reward dislocations with stronger governance, visibility and lifecycle control.” T-RIZE also holds a strong position within Canton Network. It is a Premier Member of the Canton Foundation, an early validator and a builder of production-grade tokenization infrastructure on the network. Canton Network now functions as institutional market infrastructure, with live tokenization, active collateral and repo workflows, and growing participation from major regulated institutions. T-RIZE is engineering the Kairos programme inside that framework so it aligns not only with institutional issuance standards today, but with the next phase of market utility; interoperability, governed execution, and future collateral activation on Canton Network rails. Ann-Marie Bell, CEO of Kairos Litigation Limited, said: “T-RIZE helped us translate a complex private credit structure into a market-ready institutional digital issuance. Their contribution across structuring, governance design, control architecture, compliance logic, and technical implementation was instrumental in bringing the first tranche to market.” More broadly, the transaction positions T-RIZE as a structuring partner for institutions seeking to bring complex opportunities into a governed digital issuance framework on Canton Network, with the standards of control, transparency, and execution required by professional markets. About T-RIZE Group T-RIZE Group is a financial technology company building institutional-grade tokenization infrastructure for digital securities, structured products, and real-world assets. The company structures, tokenizes, issues and administers compliant digital instruments across asset classes including private credit, funds, securities, bonds, commodities, and real estate. T-RIZE Labs, the group’s R&D division, advances next-generation tokenization systems, and digital market architecture. T-RIZE’s technology stack is engineered to institutional and defense-grade security standards and deployed on Canton Network for interoperability, governed execution, and future collateral activation. About Kairos and Horizon Group Kairos Litigation Limited is a UK-based special purpose vehicle established to issue digital loan notes and support the structured financing of eligible underlying receivables within a ring-fenced institutional framework. Horizon Group acts as programme manager and brings more than five years of operating history and a zero-default track record across its lending portfolio, supporting origination, underwriting framework, servicing oversight, and portfolio administration in connection with the programme. Media Contact Brand: T-RIZE Group Contact: Media team Email: press@t-rize.ioWebsite: https://www.t-rize.io

Asiaray Profit for the Year Surges for Two Years in a Row Rising 101.8% YoY to RMB21.0 Million

HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Asiaray Media Group Limited (“Asiaray” or the “Group”; stock code: 1993.HK), an established out-of-home (“OOH”) media company with a strategic focus on advertising media management at mass transportation hubs, has announced its annual results for the financial year ended 31 December 2025 (the “Year”), delivering a second consecutive year of net profit growth and a third consecutive year of gross profit margin improvement. Profit for the year rose by 101.8% to RMB21.0 million, compared with RMB10.4 million in 2024 and a net loss of RMB9.9 million in 2023, while gross profit margin increased to 33.8%, from 28.7% in 2024 and 21.9% in 2023. Gross profit reached RMB309.8 million (2024: RMB306.7 million), supported by the Group’s ongoing portfolio optimization, asset upgrading and disciplined execution, despite a still-challenging operating environment.During the Year, the Group continued to improve the quality of its media portfolio and strengthen operational efficiency. Revenue was RMB916.1 million, compared with RMB1,069.2 million in 2024, reflecting the Group’s deliberate focus on higher-quality assets and more profitable growth. The Group also maintained a healthy financial position, with cash and cash equivalents, including restricted cash, amounting to RMB200.3 million as at 31 December 2025, providing a solid foundation for future development. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to RMB363.6 million.Business HighlightsMetro Lines and Billboards Segment Posts Strong Results via Innovation and Optimized OperationsThe segment delivered strong results, supported by continued demand for prime advertising resources and the Group’s disciplined operating approach. Segment revenue increased to RMB497.5 million, while gross profit rose to RMB187.0 million and gross profit margin expanded to 37.6%, up from 26.0% in 2024, increased by 11.6 percentage points. The improvement reflected stronger performance across Hong Kong billboards, metro media in Mainland China and Singapore’s Thomson-East Coast MRT Line.During the Year, the Group’s billboards in prime locations in Hong Kong continued to attract strong advertiser interest, with bookings fueled by mega events and stronger market activity. Building on this momentum, the Group was granted the exclusive concession for advertising media resources at the Eastern Harbour Crossing, further strengthening its footprint across the city’s key transport arteries. Meanwhile, expanding beyond traditional billboards, the Group introduced innovative formats such as building wraps and ferry-pier coverings, pushing the boundaries of OOH advertising. These initiatives solidified the segment’s position as a key growth driver for the Group.Bus and Other Segment Revitalizes through Merging Creativity with Engineering ExcellenceThe segment continued to improve profitability through portfolio refinement and stronger operating discipline. Segment revenue was RMB236.9 million, while gross profit reached RMB96.0 million and gross profit margin increased to 40.5%, compared with 25.2% in 2024, improved by 15.3 percentage points. This reflected the Group’s continued focus on asset quality, return enhancement and a more efficient operating structure.With a refined portfolio, the Group revitalized the segment by delivering creative, impactful advertising, such as immersive bus shelter campaigns for beverage brands that engaged commuters through “five senses” experiences and interactive installations. Leveraging its solid experience with Sydney bus shelters, the Group successfully delivered several advanced engineering projects, including an 820m² rooftop LED retrofit. It also upgraded city-wide bus shelters into a smart Digital Out-of-Home (“DOOH”) network featuring panels with real-time performance and cutting-edge technology enabling context-aware, data-driven creative adjustments. These improvements have boosted campaign effectiveness and reinforced the segment’s long-term value.O&O New Media Strategy and DOOH+ Platform Enhance Value for Advertisers, Media Resources Owners and AudiencesThe Group continued to advance its Outdoor and Online (“O&O”) New Media Strategy and DOOH Plus (“DOOH+”) platform which remain central to its long-term growth plan. By combining premium OOH resources with online and data-driven capabilities, the Group has been able to deliver more measurable and more effective advertising solutions.One of the key highlights during the Year was a multi-month bus shelter takeover for a leading beverage brand, in which the Group regularly refreshed creative concepts with interactive games, multi-sensory installations, and 3D setups. By maintaining high engagement over an extended period, the campaign demonstrated the Group’s ability to turn individual projects into longer-term partnerships through sustained creative excellence and O&O-enabled audience experiences.Moreover, the Group further strengthened its programmatic DOOH capabilities and deepened cooperation with key ad-tech partners. One such campaign for a contact-lens brand used dynamic creative optimization at bus shelters, displaying real-time temperature and UV-index data and automatically adjusting content to current weather conditions. This context-aware execution showcased the Group’s ability to deliver precise, real-time O&O solutions that create added value for both brands and audiences, reinforcing O&O as a key driver of optimization and profitable growth.ProspectsAsiaray will continue to pursue disciplined growth through portfolio optimization, operational excellence, and selective investment in high-potential media assets. Building on its proven strategies and positioning O&O as the central driver of growth, the Group believes this approach provides a sound foundation for sustainable development, even amid ongoing macroeconomic uncertainty. Looking ahead, the Group will remain focused on strengthening its core platforms across transport hubs, expanding data-driven solutions, and creating long-term value for shareholders and stakeholders.Mr. Vincent Lam JP, Chairman and Executive Director of Asiaray, concluded, “We are pleased with the continued improvement in our profitability and margin performance. These results reflect the discipline of our strategy and the commitment of our team. While the market remains challenging, we believe our stronger operating foundation and clearer strategic direction position us well for the future.”About Asiaray Media Group Limited (stock code: 1993.HK)Established in 1993, Asiaray is an out-of-home media company in Greater China with a strategic focus on managing mega transport advertising media, including airports, metro lines, and high-speed rail lines. As of now, the Group’s business network spans nearly 40 cities in Greater China, with advertising media resources available at over 25 airports (including exclusive concession rights at 22 airports); providing exclusive advertising media resources in a total of 15 metro lines, including the Singapore Thomson-East Coast Line (TEL), and a total of16 high-speed rail line and railway stations, including the High-Speed Rail Hong Kong West Kowloon Station and the China-Laos Railway (Yumo Line). Additionally, the Group has been granted exclusive advertising media resources at the Hong Kong-Zhuhai-Macao Bridge (Zhuhai Port), as well as on KMB and LWB bus shelters. In recent years, the Group has actively engaged in programmatic advertising transactions with various ad-tech partners such as Hivestack by Perion, and Vistar Media by T-Mobile.Asiaray is also dedicated to investing in corporate social responsibility and environmental protection initiatives. The company has received the “Hong Kong Green Organisation” award and has been recognised as a “Caring Company”.For more detailed information about Asiaray, please visit its official website: www.asiaray.com or follow the Group’s WeChat official account via the QR code provided (ID: asiaray_airport). Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

JS Global Announces 2025 Annual Results, Adjusted Net Profit Up 338%

HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - JS Global Lifestyle Company Limited (Stock Code: 1691.HK) ("JS Global" or the "Group") has announced its annual results for 2025, reporting revenue of USD1.66 billion, representing a year-on-year increase of 4.1%. Gross profit was USD534 million, up 4.6% year-on-year, with gross profit margin improving to 32.2%. On an adjusted basis, the Group’s revenue from third parties reached USD1.565 billion, an increase of 14.8% year-on-year, while adjusted net profit was USD31.10 million, up 338.0% year-on-year. This demonstrates the very strong performance of the Group’s core operations and a clear improvement in profitability on an adjusted basis.In 2025, the SharkNinja APAC segment delivered strong growth, mainly driven by continued market share gains of its core product categories, successful expansion into new product categories and rapid entry into new markets. For example, in the cordless vacuum cleaner market in Japan, the brand strength and product competitiveness of Shark continued to improve. At the same time, the Group continued to launch new products in the Japan market, such as upgraded portable blenders and new cooking appliances, further enriching Ninja’s product portfolio in Japan. The Group’s core categories in Australia and New Zealand also continued to perform well, mainly benefiting from the strong performance of new products such as cordless vacuum cleaners, ice beverage makers and coffee machines. In other countries and regions in Asia Pacific, the Group is also actively expanding, accelerating its layout and development in emerging markets.In 2025, the Joyoung segment achieved modest growth in domestic sales revenue, mainly driven by the contribution of differentiated new products and product mix optimisation, and realised a recovery in profitability through initiatives such as tighter control of selling expenses and improved marketing efficiency. Various “trade-in of old for new” and “government subsidy” policies launched by different levels of government in China boosted demand for certain mid- to high-end products. In response, Joyoung promptly launched its “Space Series” of new products, which focus on key value propositions such as high quality, stylish design, outstanding value-for-money and health and wellness, enhancing consumers’ quality of life while better addressing their emotional needs.Overall, in 2025, while maintaining steady revenue growth, JS Global further strengthened the growth potential and earnings resilience of its principal businesses. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

MHI Innovative Combustion Dynamics Laboratory is Established at Kyoto University with the Aim of Developing and Socially Implementing World-Leading Technology

TOKYO, Mar 30, 2026 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and Kyoto University will operate an industry-academic laboratory, MHI Innovative Combustion Dynamics Laboratory, from April 1, with the aim of building world-class GTCC (gas turbine combined cycle) power plants with efficiency of over 70% and carbon-neutral combustion technology along with developing next-generation talent in deep-tech fields.With global demand for electricity trending up and data centers being expanded due to advances in electrification and the popularization of generative AI, balancing a stable supply of electricity with decarbonization is a critical issue worldwide. These circumstances have seen an increase in demand for gas turbines as a core power source due to their high efficiency, highly adjustable output, and ability to supplement renewable energy while contributing to the reduction of CO2 emissions. In the future, it is expected that gas turbines will be central in supporting the realization of a carbon-neutral society due to their compatibility with clean, zero-carbon fuels such as hydrogen.Combustion technology is a core element. Combustion control that achieves both high efficiency and ultra-low emissions is a field in which Japan has honed its strengths for many years, and is an aspect that makes Japanese manufacturers internationally competitive. Ongoing investment in R&D and development of the next generation of personnel in this field is a critical initiative that will directly increase competitiveness and lead to ongoing development of Japan's energy industry.In this laboratory, MHI will install combustion test rigs to elucidate the combustion mechanism of actual engines, utilize advanced measurement technology and numerical simulations to understand phenomena, and work to create combustion technology with new concepts, in order to fulfill its aims of pursuing innovative GTCC technology with an efficiency of over 70% and realizing carbon-neutral combustion technologies. Research will also be conducted with a view to social implementation, covering various forms of combustion such as rocket engine combustion, supersonic combustion, and reciprocating engine combustion in addition to GTCC. These initiatives will be a driving force for the realization of academic endeavors that also create social value, and will contribute to the development of the next generation of talent in deep-tech fields.Through these initiatives, MHI will continue to produce world-leading products and fulfill the aims of Innovative Total Optimization (ITO) to expand MHI's domain and achieve overall optimization.Summary of Industry-Academic LaboratoryName of laboratory: MHI Innovative Combustion Dynamics LaboratoryPeriod of laboratory: April 1, 2026 - March 31, 2031 (five years)Faculty member (full time): Naoto Horibe, Program-Specific Professor, Department of Mechanical Engineering and Science, Graduate School of Engineering, Kyoto UniversityFaculty member (part time): Ryoichi Kurose, Professor, Department of Mechanical Engineering and Science, Graduate School of Engineering, Kyoto UniversityFaculty member (part time): Jun Hayashi, Professor, Energy Conversion Science Dept., Graduate School of Energy Science, Kyoto UniversityActivities: Installation of combustion testing equipment that can recreate phenomena occurring in actual equipment, utilization of various forms of measurement and numerical calculation to understand phenomena, and development of next generation of personnel with the aim of pursuing innovative combustion technology for GTCC power plants with efficiency of over 70% and realizing carbon-neutral combustion technologiesAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

From Sell-Down Overhang to Heavy Institutional Holdings: Shoucheng Holdings (0697.HK) Upgrades Its Shareholder Structure and Opens the Door to Value Re-Rating

HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Over the past two years, Shoucheng Holdings (0697.HK) has persistently faced a major valuation overhang in the capital markets, namely the supply-side pressure created by the gradual exit of early shareholders through block trades.In his Chairman’s Statement, Chairman Zhao Tianyang said that this historical issue has now entered a stage of clear easing. Looking back at the company’s shareholder structure, Shoucheng Holdings introduced multiple rounds of strategic investors during its entrepreneurial and transformation phases. Angel-round investors included Chow Tai Fook Enterprises and ORIX; Series A investors included Hopu, JD.com, and Beijing State-owned Capital Operation and Management Center; while Series B investors included institutions such as Sunshine Insurance. These shareholders supported the company’s development for periods ranging from three to five years to as long as seven to eight years, and their gradual exits are, in essence, a normal process of capital rotation during a company’s growth.More importantly, Zhao Tianyang noted in the statement that most of the shares sold by exiting shareholders were proactively taken up by top-tier international investors and professional institutional investors from both China and overseas. This means that the sell-down pressure that previously troubled the market has largely been absorbed. It also indicates that ownership is shifting from early-stage and purely financial investors to professional institutions with stronger conviction in the company’s long-term value proposition, resulting in simultaneous improvements in both shareholder structure and shareholder quality. For the market, this is not only an inflection point in supply-side pressure, but also the basis for a shift in valuation logic.Chairman Zhao Tianyang also stated that the company is determined to ensure that investors at different stages can all share in the rewards of the company’s growth, further strengthening market expectations for the realization of the company’s long-term value. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SeaPRwire Consolidates Hong Kong and Greater China Networks

EQS via SeaPRwire.com / 30/03/2026 / 10:24 UTC+8 Hong Kong - March 30, 2026 - (SeaPRwire) - In the complex and ever-changing global economic and trade environment, Hong Kong's status as an international financial center remains pivotal. To help enterprises more effectively connect with global capital and convey brand value, renowned media service provider SeaPRwire (https://seaprwire.com) announced today that it has further consolidated and expanded its media distribution network in Hong Kong and the Greater China region. This strategic move will significantly enhance corporate financial PR efficiency and the depth of brand exposure in this region. The Greater China region, particularly the Hong Kong market, gathers top-tier global investment institutions, analysts, and financial media. SeaPRwire's network consolidation this time focuses on opening up a fast track "from information release to capital attention." The platform not only strengthened cooperation with local mainstream Chinese and English financial newspapers, magazines, and high-traffic financial portals in Hong Kong but also deeply integrated professional financial information terminals radiating across the Greater China region. This means that corporate financial reports, financing information, or major strategic adjustments released by enterprises can be pushed to the desks of professional investors with extremely high priority. Furthermore, targeting the increasingly booming technological innovation and new consumption waves in the Greater China region, SeaPRwire simultaneously expanded its media matrix across multiple vertical fields such as technology, venture capital, fashion, and health. Whether it is a unicorn enterprise seeking listing voice in Hong Kong or a multinational brand hoping to expand business in the mainland and the Greater Bay Area, all can achieve precise penetration of target audiences through SeaPRwire's customized distribution links. "Hong Kong is not just a distribution window; it is a vital bridge for global capital to perceive China and for Chinese enterprises to go global," pointed out SeaPRwire's head of Greater China. "By consolidating this core network, we aim to provide clients with more deterministic communication results, leveraging authoritative media endorsements and extensive channel coverage to escort enterprises' business voyages in the Greater China region." About SeaPRwire SeaPRwire is Asia’s leading AI-driven earned media management platform, purpose-built to empower PR and communications professionals. Through its flagship Branding-Insight Program, the platform connects clients to over 80,000 journalists and an influencer matrix reaching 300 million followers. Leveraging advanced AI, SeaPRwire helps users identify media targets, personalize pitches, and measure PR impact across key APAC markets, including Japan, China, Korea, and Southeast Asia. Media Contact Company: SeaPRwire Contact: Media Relations Team Email: cs@seaprwire.com Website: https://seaprwire.com 30/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Fujitsu launches generative AI service that analyzes source code and automatically generates design documents

KAWASAKI, Japan, Mar 30, 2026 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced the launch of Fujitsu Application Transform powered by Fujitsu Kozuchi, a generative AI service that analyzes source code and automatically generates design documents, contributing to a reduction in work time of approximately 97%. Fujitsu will begin offering Fujitsu Application Transform powered by Fujitsu Kozuchi as a SaaS in Japan starting March 30, 2026. This service supports the modernization of companies and organizations by leveraging Fujitsu's extensive system development expertise, proprietary technology, and generative AI to analyze COBOL and other source codes within existing legacy systems, automatically generating design documents to understand the system's content.Building on the achievements of its predecessor, a software analysis and visualization service launched in February 2025, this new offering standardizes analysis technology and design document generation know-how. In this service, Fujitsu proprietary technology leverages code analysis techniques on remaining design information and existing programs and manages RAG using Fujitsu Knowledge Graph–Enhanced RAG for Software Engineering. By linking large volumes of source code, it prevents omissions and hallucinations, and automatically generates highly accurate, easy-to-read design documentation.This service reduces the time-consuming process of understanding programming languages and generating design documents, which previously required extensive human effort, by approximately 97%, even without expert knowledge. Furthermore, compared to analysis solely by general generative AI, Fujitsu's proprietary technology generates consistent design information without omissions from existing system source code, even for complex COBOL language. This has improved comprehensiveness by 95%. These accuracy enhancements have also led to a 60% improvement in the readability of design documents compared to conventional methods, confirming the generation of high-quality design documents.Moving forward, Fujitsu plans to begin offering support services for the introduction of this service. Additionally, beyond automatic design document generation, Fujitsu plans to sequentially introduce features for rebuilding existing source code for future use, automatically rewriting source code, and supporting operation and maintenance, starting in fiscal year 2026. Through this service, Fujitsu aims to generate high-quality design documents, enabling a clear understanding of current system specifications and characteristics, and strongly supporting the formulation and implementation of system modernization and migration strategies.Figure: Fujitsu Application Transform powered by Fujitsu Kozuchi concept diagramToshihiro Horiuchi, Managing Executive Officer, SMBC Nikko Securities Inc. comments:“We see this announcement as an initiative that realistically advances the modernization of our legacy systems by combining Fujitsu’s deep system development expertise built up over many years with generative AI. From fiscal year 2025, we have been conducting joint verification with Fujitsu on reverse-engineering design documentation for legacy languages, including COBOL, and through this collaboration we have come to recognize the significant potential of this technology. Going forward, we hope to continue working closely with Fujitsu to achieve more practical and effective modernization.”Related LinksService Introduction Site(Japanese)Fujitsu launches gen AI software analysis and visualization service to support optimal modernization planningAbout FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuPress ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

Sigenergy Passes Hearing: “AI + Energy Storage” Driving a 150-fold Revenue Surge and Redefining Industry Growth

HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Sigenergy Technology (Shanghai) Co., Ltd. (hereinafter referred to as "Sigenergy" or the "Company"), a leading global provider of AI-native solar-storage-charging solutions, officially passed its listing hearing with the Hong Kong Stock Exchange (HKEX) today.A spiring to be the "Apple of the Energy World," Sigenergy has reshaped the energy product ecosystem with "AI + Energy Storage" at its core. By positioning AI as the underlying capability permeating product design, system operation, and user interaction, the Company has achieved a leap from "manufacturing" to an "intelligent system platform." Leveraging disruptive AI product power and a precise global high-end strategy, the Company has demonstrated extraordinary growth momentum: revenue surged over 150-fold within two years, and the gross margin for 2025 exceeded 50%, showcasing a new paradigm of "value-driven growth" to the capital market.Revenue Grew 150-fold in Two Years; Profitability Ranks Among the Top in the IndustryAccording to the latest data disclosed in the prospectus, Sigenergy's revenue scale has demonstrated extreme growth momentum. As of December 31, 2025, the Company’s operating revenue soared from RMB 58 million in 2023 to RMB 9 billion in 2025, achieving an astonishing growth of over 150-fold within two years.While achieving rapid expansion in revenue scale, the Company's profitability has also significantly improved. Its gross margin rose steadily from 31.3% in 2023 to 50.1% in 2025, with an adjusted net margin as high as 35.9% in 2025. Both indicators rank among the top in the global distributed energy storage industry. This reflects that the Company has successfully broken away from the common low-price competition framework of the industry, enhanced its pricing power through technological advantages, and thereby achieved synergistic growth in both scale expansion and profitability levels.From "5-in-One" to Full-Scenario Coverage: Reshaping the Energy Management ParadigmSigenergy's core product, SigenStor, with its pioneering "5-in-one" design concept, has completely restructured the system morphology of distributed energy storage. SigenStor deeply integrates the solar inverter, power conversion system (PCS), battery pack, DC fast charging module, and energy management system (EMS) into a single platform. Through "AI + stackable" technology, users can flexibly expand system capacity as easily as building "LEGO" blocks. This highly integrated and extremely standardized system architecture optimizes the installation experience and provides the foundation for large-scale channel replication and global promotion.At the system level, the Company has achieved near 0-millisecond on/off-grid switching technology through hardware-software synergy and system control optimization. Compared to traditional backup power solutions, its "seamless switching" characteristic minimizes the impact of grid fluctuations or interruptions on end-user electricity consumption. This ensures the continuous operation of critical loads in residential scenarios and effectively avoids production and operational losses caused by instantaneous power outages in industrial and commercial (C&I) scenarios.On this basis, the Company has constructed a product portfolio covering residential, C&I, and large-scale utility power plants. In residential and C&I scenarios, the Company adopts modular, highly integrated, and scalable designs, enabling systems with flexible deployment and continuous upgrade capabilities. In utility-scale scenarios, the Company provides long-term value to customers centered on the concepts of "high yield, long-term safety and reliability, and simple O&M."This multi-scenario layout is built upon platform-based capabilities anchored in a unified technical foundation. Through integrated hardware-software design, a unified data architecture, and control logic, the Company has achieved technical synergy and capability reuse across different products and scenarios. This system enhances R&D efficiency and product iteration speed, providing the underlying support for the Company's global scale replication and long-term profitability."AI in All" Constructs a "Growth Flywheel", Driving a Fundamental Leap in Ecological ValueSigenergy adheres to the "AI in All" strategy, viewing AI as a fundamental capability permeating product design, system operation, and user interaction. At the critical juncture of the global energy transition toward intelligence and systematization, the Company is driving energy management from single-device control toward multi-device synergy and global optimization. In this way, dispersed devices, complex energy flows, and diverse application scenarios are integrated into a highly synergistic whole, empowering the entire energy system with unified dispatching and continuous evolution capabilities.Based on this strategy, all core products of Sigenergy have pre-allocated computing power, data interfaces, and control capabilities during the architectural design stage. Whether it is the SigenStor residential system, AC EV chargers, or C&I and utility-scale products, all can seamlessly access the AI ecosystem. This means the Company is building not just individual devices, but an AI-centric energy system capable of cross-scenario synergistic operation. The dimension of competition has upgraded from single-product performance to a comprehensive competition of system capabilities, ecological capabilities, and continuous evolution capabilities.The deeper value of AI capabilities lies in the formation of a "Growth Flywheel." As the number of globally deployed devices increases, while ensuring data security and user rights, the AI system continuously accumulates real-world operational data such as weather, electricity prices, power generation, loads, and user habits. This makes power consumption decisions more precise and system operations more efficient, thereby forming an ever-deepening ecological barrier.More importantly, this capability has directly translated into commercial value. In overseas high-end markets with dynamic electricity pricing, the AI system can assist users in optimizing power strategies to maximize energy economic benefits. Taking the Swedish market as an example, the system has helped users reduce their average electricity costs by approximately 70%, directly converting AI capabilities into "tangible economic returns" and creating incremental value that traditional products cannot provide. Leveraging its leading AI application capabilities, Sigenergy has achieved a fundamental leap from an "energy equipment manufacturer" to an "AI-centric energy system platform."Leading Global Market Share; Comprehensive Upgrade of Delivery CapabilitiesAs of December 31, 2025, the Company has established partnerships with 172 distributors and over 17,600 installers from 85 countries, covering core markets such as Europe, Asia-Pacific, North America, and Africa, and extending to emerging regions like Latin America, Central Asia, and South Asia. The Company has built a relatively sophisticated sales, service, and technical support network globally, laying a solid foundation for rapid localization in high-threshold markets and serving as the driving force for long-term growth.Against the backdrop of intensified industry competition, Sigenergy persists in a development path that combines high-end positioning with globalization. Through "strategic superiority" via technology—deeply integrating modular design, full-scenario integration, and AI dispatching algorithms—the Company effectively avoids homogenized competition and continuously enhances product added value. The prospectus shows that high-value markets such as Australia and Europe have become core pillars of the Company's business growth, with sales revenue ranking in the top two. In global benchmark markets with stringent requirements for product performance and safety, according to market reports from the Australian energy consultancy SunWiz, Sigenergy ranked first in market share for systems under 1,000kWh in Australia, Ireland, and South Africa in 2025; it also holds leading positions in markets such as the UK, Sweden, and the Benelux region. This series of market performances fully validates the Company's strong brand premium and commercialization capabilities in high-end market segments.To support global expansion, the Company has constructed three major manufacturing bases centered in Shanghai Lingang, Jinqiao, and Nantong, Jiangsu. Among them, the Nantong Smart Energy Center officially commenced production in the first quarter of 2026, with a total investment of RMB 500 million and a total construction area of 136,000 square meters. With an annual capacity exceeding 300,000 inverters and battery PACKs, it is one of the world's largest single-unit distributed energy storage factories. Through a synergistic system of "advanced manufacturing bases + intelligent industrial systems + deep AI empowerment," the Company has not only achieved the rapid release of large-scale capacity but also built high-consistency and high-reliability global delivery capabilities, forming a critical manufacturing barrier against competitors.For this Hong Kong listing, the Company intends to use the proceeds for R&D investment, global sales network expansion, and intelligent manufacturing upgrades. Following the successful passing of the hearing, Sigenergy will continue to leverage its "AI-native" technological advantages, driving the industry's transition from traditional equipment competition to a comprehensive transformation defined by AI-driven systems, ecosystems, and long-term value.For inquiries, please contact:EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITEDMs. Claire ZhangTel: (852)3468 8171 Email: project_alps.list@everbloom.com.cn Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

S CUBE Capital Fund Ranked No. 1 Fixed Income Performer in Asia Pacific by Bloomberg

Singapore, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - S CUBE Capital’s Fixed Income Tactical Opportunities Fund II, managed by the Singapore-based investment manager specializing in Global and Indian strategies, has been ranked by Bloomberg as the top-performing USD fixed income fund. The firm outperformed strategies managed by leading global institutions across a universe of funds spanning 15 Asia Pacific markets including Singapore, Hong Kong, India, China, Japan, Korea, Taiwan, Australia and Mauritius.Over the one-year period ending January 31, 2026, Bloomberg reported that FITOF – Fund II delivered total returns of 12.44%, outperforming its nearest peer by more than 200 basis points. This recognition follows a similar distinction received by S CUBE two years ago and underscores the strength of the firm’s investment framework, as well as its deep expertise in navigating global credit markets. While the fund remains focused on high-quality bonds, its positioning has maintained a meaningful overweight to Indian credits, reflecting strong conviction in the country’s macroeconomic trajectory.Commenting on the performance, Hemant Mishr, Founder and CIO, S CUBE Capital, said "We are delighted to receive this recognition – it is particularly special as it marks our second such recognition in the past three years and comes against a backdrop of heightened geopolitical risk and a challenging macroeconomic environment. To be acknowledged alongside such a strong cohort of global funds is a testament to the strength of our team and the rigor of our investment framework.“We are seeing strong investor interest supported by favourable tailwinds. A change of guard at the US Fed is reinforcing expectations of a more dovish monetary policy. At the same time rising stress in the private credit market is likely to catalyse a rotation of capital towards public credit strategies- an area where we are well positioned to capture attractive risk-adjusted opportunities” adds Hemant."Balaji Swaminathan, Founder and CEO, S CUBE Capital added “We are pleased to be recognized once again for delivering consistent returns for our investors. Our focus remains on combining rigorous credit selection with deep on-the-ground insights to capture opportunities across Asia and our overweight position in Indian dollar issuers has been a key driver of our performance. As India’s role in the global economy continues to strengthen, we believe our platform is well positioned to connect international investors with high-quality credit opportunities in the region”.About S CUBE CapitalS CUBE is a global fund management company domiciled in Singapore and regulated by the Monetary Authority of Singapore (MAS). We are a strong and dedicated team of internationally experienced experts delivering institutional investment expertise to client. Our team has managed investments of over USD 50 billion in our previous roles and has a cumulative experience of over 100 years in Global Financial Markets across assets including Credit, Equities, Fixed Income, Rates, FX and Commodities. For more information visit https://scubecapital.com/.Media contact:Namrata Sharma+65 81383034Namrata.sharma@adfactorspr.com  Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Mass Grave in Kenya Yields 33 Bodies, Including 25 Children

(SeaPRwire) -   A minimum of 33 corpses, among them children and severed remains packed in sacks, were discovered in a mass grave in western Kenya on Thursday, prompting concerns about whether the bodies had been clandestinely transferred from a hospital morgue.According to officials, investigators recovered the bodies of 25 minors and eight grown-ups, along with severed body parts stuffed in burlap sacks, from a mass grave located at a church-run burial ground in Kericho."We confirmed that these corpses were moved from Nyamira District Hospital to a private burial site in Kericho," stated Mohamed Amin, head of the Directorate of Criminal Investigations, speaking to journalists.He noted that investigators are working to ascertain if the bodies were lawfully disposed of following their removal from the morgue.The Associated Press noted that under Kenyan legislation, medical facilities and morgues can dispose of unclaimed remains after a two-week period, provided they have court approval.State forensic specialists performed post-mortem examinations on Thursday to establish the manner of death, though officials have not yet disclosed the victims' identities.Two individuals have been detained by law enforcement in relation to this incident.According to local news outlets, the corpses were moved in an official government vehicle by unknown persons and interred quickly, after which some cemetery workers notified authorities."Authorities must carry out a comprehensive probe," said local resident Brian Kibunja.Fellow resident Samuel Moso urged officials to "disclose whether the government participated in this mass burial or if another party was responsible."Kenya has witnessed three significant mass-grave discoveries during the last three years.In 2023, law enforcement discovered hundreds of corpses interred in a forested area in Kenya's coastal Kilifi area, unearthing mass graves linked to a spiritual leader alleged to have caused his followers to starve to death.The following year, officials retrieved nine corpses from a waste disposal site in Nairobi, the capital of this East African country.This most recent finding emerges amid mounting apprehension among certain Kenyans regarding suspected police misconduct.The human rights organization Missing Voices reported recording 125 unlawful executions and six forced disappearances in Kenya during the previous year, up from 104 killings documented in the prior year. This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content. Category: Top News, Daily News SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.

Scorsese’s Epic Gets a 4K Upgrade Three Years After Release

Paramount Pictures(SeaPRwire) -   Martin Scorsese has a penchant for bringing real-life stories to the screen that often appear unbelievable when adapted. While The Wolf of Wall Street began as a gonzo financial thriller, Scorsese transformed it into a spectacle filled with fourth wall breaks, physical comedy, and financial lessons. Similarly, the glitzy and already unbelievable life of Howard Hughes was dramatized in The Aviator, serving as a haunting portrait of the enigmatic tycoon. It is no coincidence that Leonardo DiCaprio starred in both films; together, Scorsese and DiCaprio turn realistic figures into complex characters that feel larger than life. In 2023, Scorsese further leaned into his strengths with Killers of the Flower Moon, a retelling of a frequently overlooked historical event that highlights the story while acknowledging the significance of his role as the storyteller. Spanning nearly three and a half hours, Scorsese recounts the history of the Osage Nation, the Indigenous tribe that discovered oil on their Oklahoma reservation. Although tribe members became wealthy overnight, racist policies often led to the appointment of white “guardians” to manage their finances. Enter Ernest Burkhart (DiCaprio), who, after returning from military service, settles with his uncle, King Hale (Robert DeNiro). Hale poses as a supporter of the Osage people, but appearances are deceiving: he is actually orchestrating a series of crimes to steal their wealth. Despite falling in love with Mollie Kyle (Lily Gladstone), Ernest participates in escalating crimes that eventually tear Mollie’s family apart. While lengthy, the film utilizes every minute to immerse the viewer, particularly in its epilogue, which exposes the true nature of Killers of the Flower Moon: a narrative belonging to the Osage people but told by white filmmakers. Thanks to an upcoming Criterion 4K release, viewers can experience this saga with unprecedented detail. How Was Killers Of The Flower Moon Received Upon Release? As a significant addition to Scorsese's filmography, the movie faced high expectations and exceeded most of them. Although many reviews noted the long runtime, critics generally agreed that the time was justified to tell the complex story with the necessary gravity and nuance. The self-referential conclusion also garnered praise, with The New Yorker’s Richard Brody stating, “Scorsese's control of form and tone, and the bold yet subtle way that he marshals incident, signal that he is intent not merely on narrating history but on troubling the conscience of his (doubtless largely white) audience.” The acting received immense acclaim, with Gladstone emerging as a top contender during awards season. Although the film did not win at the Oscars that year, it has established itself as one of the most ambitious and successful projects in Scorsese’s career. Why Is Killers Of The Flower Moon Important To See Now?The reason is straightforward. Killers of the Flower Moon remains essential viewing because its narrative is vital knowledge. Based on David Grann’s book of the same name, which exposed the Osage murders, the film takes the story a step further by depicting these atrocities in a memorable and impactful way. Furthermore, the film is dense with meaning, making it infinitely rewatchable. Even if you saw it in theaters in 2023, a viewing now will likely reveal new insights. It is a film that everyone should watch at least once in their lifetime, if only to understand this historical tragedy. As a period piece, the movie will remain just as relevant 50 years from now. It serves as a timeless cautionary tale regarding the consequences of greed obstructing human rights and basic empathy. This shot of the Kyle sisters was a recreation of a real portrait taken of the family. | Paramount PicturesWhat New Features Does The 4K Release Of Killers Of The Flower Moon Include?Consistent with typical Criterion 4K releases, the Killers of the Flower Moon set includes a 4K UHD disc with the film's new remaster, as well as two Blu-rays: one for the movie and another dedicated to special features. The release is packed with bonus content, such as: A new documentary featuring Scorsese, actors Leonardo DiCaprio and Lily Gladstone, author David Grann, Osage Nation Principal Chief Geoffrey Standing Bear, Osage cultural consultant John Williams, editor Thelma Schoonmaker, and other cast and crew members“WahZhaZhe”: A Song for the Osage, a new documentary exploring the film’s final shot, with Scorsese, Chief Standing Bear, and six Osage Nation membersAn excerpted archival interview with director of photography Rodrigo PrietoExcerpts from the 2023 Cannes Film Festival press conference with Scorsese, DiCaprio, Gladstone, Chief Standing Bear, and Robert De NiroEssays by critic Vinson Cunningham and film programmer Adam PironKillers of the Flower Moon Criterion 4K Blu-RayCriterion - This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content. Category: Top News, Daily News SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.