SAPPE Showcases Product Innovations at SIAL Paris 2026 ACN Newswire

SAPPE Showcases Product Innovations at SIAL Paris 2026

BANGKOK, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - Sappe Public Company Limited (SAPPE PCL.) is showcasing its innovative product portfolio at SIAL Paris 2026, a global food and beverage trade exhibition held from 17–21 October 2026 at Paris Nord Villepinte Exhibition Centre in Paris, France. The company is presenting new products and flavours that combine fun and creativity while welcoming trade partners, importers and distributors from around the world to exchange ideas and explore business opportunities.Leading SAPPE’s showcase is its flagship brand, Mogu Mogu, with a wide range of new offerings, including Zero Sugar drinks, Jelly, Gummy, Candy and Iced Tea, alongside new flavours in its original drink range. The lineup extends the brand’s signature fun and creativity across diverse product formats, giving trade partners and visitors the opportunity to discover and taste the products firsthand.SAPPE is also presenting products from Sappe Aloe Vera, Sappe Beauti and All Coco, adding variety to its booth and offering new choices for international markets. Trade partners, importers, distributors and other interested visitors can meet the team to discuss the products and explore opportunities for international business development.SIAL Paris is one of the world’s largest food and beverage trade exhibitions, taking place every two years. For its 2026 edition, organisers expect 8,000 exhibitors and approximately 400,000 products across 10 industry sectors, covering 280,000 square metres of exhibition space. Bringing together manufacturers, buyers and distributors from around the world, the event provides SAPPE with another opportunity to showcase the capabilities of Thai brands and its diverse portfolio of innovative products to international trade partners.Visitors can discover and sample SAPPE’s products at Booth 5C F035, Hall 5C, throughout SIAL Paris 2026, from 17–21 October 2026.About SAPPESappe PCL (SAPPE) is a leading Thai beverage innovator and the creator of the "Snack Drink" category through its iconic global brand, Mogu Mogu, now exported to over 100 countries across Asia, Europe, the Middle East, and beyond. The company specializes in fruit juice and functional health beverages designed to serve the evolving lifestyle needs of modern consumers around the world.SAPPE's diverse portfolio includes globally recognized brands such as Mogu Mogu, the world's first snackable drink; Sappe Aloe Vera, known for its refreshing taste and natural ingredients; and Sappe Beauti, a functional drink line focused on health, wellness, and women empowerment. Headquartered in Bangkok, Thailand, SAPPE is listed on the Stock Exchange of Thailand (SET) under the symbol SAPPE.Driven by innovation, deep consumer insights, and a strong commitment to sustainability, SAPPE operates with a balanced focus on product innovation, economic performance, social responsibility, and environmental impact. The company believes that building a sustainable future begins with valuing people, embracing diversity, and leading with authenticity, creativity, and the courage to drive positive change. SAPPE's mission is to inspire lives worldwide one meaningful beverage at a time.Sappe official: https://www.sappe.com/en/Facebook: https://www.facebook.com/sappeplaygroundInstagram: https://www.instagram.com/mogumogu_global/Line: https://shop.line.me/@sappeonlineShopee: https://shopee.co.th/sappe.officialEmail: corpcom@sappe.comSappe PCL [SET: SAPPE, SAPPE/F, SAPPE-R] https://www.sappe.com/en/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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AI Has No Single Answer About Your Brand: Why 43% of AI Answers Swap Leading Banks and Single Visibility Scores Fail Banking Leaders ACN Newswire

AI Has No Single Answer About Your Brand: Why 43% of AI Answers Swap Leading Banks and Single Visibility Scores Fail Banking Leaders

PRecious Communications' Banking AI Authority Index 2026 shows how visibility changes by question, service and language across six markets and 11 AI services / LLMs.43%: Same question. Different banks first. Across AI-route comparisons, the first-mentioned bank changed.34%: Business questions bring more banks into the answer. Business-banking responses named 34% more banks on average than consumer-banking answers.Six ASEAN markets: Being mentioned isn’t the same as being named first. The study maps both across Southeast Asian banking.Across Singapore, Malaysia, Indonesia, the Philippines, Thailand and Vietnam, the study tracks 13 priority banks - and shows why appearing in an AI answer is not the same as being named first.SINGAPORE, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - PRecious Communications, an award-winning multi-market integrated communications consultancy, today released the regional findings of its flagship research study, the PRecious AI Authority Index: Southeast Asia Banking 2026. The research reveals that a bank prominent in one AI service may be far less visible or entirely absent in another. Across 1,628 eligible matched service comparisons, 706 pairsor 43%, produced a different first-mentioned bank when the tested AI service changed.The research establishes why corporate communications, and marketing leaders cannot rely on a single AI platform, dashboard score, or generic brand search to assess digital reputation. Powered by PRecious Pulse, the agency’s proprietary measurement and research platform, the study evaluated 2,740 response records spanning six Southeast Asian markets (Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Vietnam), eight languages, and 11 AI and search service proxies. The index also revealed that decision context significantly impacts competitive density: business-banking answers named 4.73 banks on average, compared with 3.52 for consumer-banking answers, a 34% wider competitive field."AI has made comparisons instant, but not consistent. Any brand - like banks in our study - can lead one answer and disappear from the next," said Lars Voedisch, Founder and Group CEO of PRecious Communications. "The job for communicators and marketers is not to chase one specific AI engine or manipulate a single metric. It is to build a clear, evidence-backed story across owned content, customer proof, and earned media that holds up regardless of the service, market, or language a buyer uses."Six Markets, Six Distinct AI Competitive LandscapesThe study demonstrates that Southeast Asia cannot be treated as a single information environment. While DBS and Maybank demonstrated consistent dominance across tested answers in Singapore and Malaysia respectively, and Vietcombank led across all question groups in Vietnam, markets like Indonesia, the Philippines, and Thailand showed divided or highly question-dependent results:Indonesia: BCA achieved the highest overall answer presence (86%), but BCA and Bank Mandiri tied on overall first mentions (34%), with leadership shifting based on whether the query addressed personal banking (BCA 63% first) or business banking (Bank Mandiri 56% first).Philippines: BPI led total answer reach across consumer (73%), business (96%), and trust questions (92%), yet BDO dominated first-mention prominence across all four tested question categories (up to 75% in business banking).Thailand: Kasikornbank led consumer banking first mentions (65%), while Bangkok Bank led business banking first mentions (60%). Language testing revealed that English and Thai prompts generated different first-mentioned banks in 60% of eligible matched comparisons (15 of 25 pairs)."In the 'Artificial Intelligence Economy,' executive teams must distinguish between answer presence and first-mention prominence," added Lars. "Being included in an AI response is a baseline requirement; leading the answer requires checkable public proof, consistent corporate reporting, and third-party media validation."Public Proof and Media VerificationThe Index emphasizes that AI models heavily rely on verifiable public evidence. For brand leaders, priority claims regarding security, digital transformation, or cross-border trade must be explicitly documented and consistent across corporate websites, leadership communications, regulatory filings, and independent earned media.Southeast Asia Is Not One Information EnvironmentThe regional study covers Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It found consistent leaders in some markets and divided or question-dependent patterns in others. Different languages, banking structures and customer needs already make Southeast Asia diverse. AI can amplify that diversity by changing the brands, evidence, and answer order shown to different audiences.The study is diagnostic. It does not rank bank quality, trust, safety, customer preference or financial performance. First mention records answer order only. Results are a point-in-time August 2026 snapshot and can change as services, search, and public evidence change.The report is available online: https://pulse.preciouscomms.com/ai-authority-indexAbout the PRecious AI Authority Index - Note to EditorsThe PRecious AI Authority Index examines what AI says about a brand, which public evidence supports the answer, where the gaps are and what communications teams can change. PRecious Pulse is the measurement, research and insights platform behind the work.Banks tracked (16): 13 priority banks, grouped by home market - Indonesia: BCA and Bank Mandiri; Malaysia: Maybank and CIMB; Philippines: BPI and BDO; Singapore: DBS, OCBC and UOB; Thailand: Kasikornbank and Bangkok Bank; Vietnam: Vietcombank and Techcombank. Plus, three global-bank examples: HSBC, Standard Chartered and Citibank as additional examples from the business-banking analysis.Languages (8): English, Indonesian, Malay, Filipino, Thai, Vietnamese, Tamil and Chinese across the full study. Not every language was tested in every market or on every route.AI test routes (11): ChatGPT, Gemini, Perplexity, Claude, Google AI Search, Copilot, Meta AI, Grok, Qwen, DeepSeek and Kimi.Study timeframe: A point-in-time snapshot of tested AI answers from August to September 2026. Results may change as services, search and public evidence change.About PRecious CommunicationsPRecious Communications is an award-winning multi-market integrated communications consultancy specialising in go-to-market strategies and data-driven storytelling across Southeast Asia. Operating an AI-first strategic advisory model, the agency has offices in Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, alongside partners across the wider Asia-Pacific region.Consistently recognized for setting new digital benchmarks, PRecious Communications secured major AI Transformation and Digital & Social Media honors at the PRCA APAC Awards 2026, alongside global distinction as a Silver Winner at the WCFA Davos Communications Awards 2026. These milestones build upon a highly decorated legacy, which includes being named the Medium-Sized Consultancy of the Year in Southeast Asia at the 2025 International Business Awards and the Most Innovative Public Relations Agency of the Year (APAC) 2025 at the NEXT Awards.Media contact: marketing@preciouscomms.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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TransNusa Celebrates Historic Milestone With Launch Off Maiden Melbourne-Bali Flight ACN Newswire

TransNusa Celebrates Historic Milestone With Launch Off Maiden Melbourne-Bali Flight

MELBOURNE, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - TransNusa, the Asia-Pacific region’s pioneering Premium Service Carrier, today marked a major international expansion milestone with the official launch of its maiden flight from Bali to Melbourne. The inaugural daily scheduled flight establishes a highly competitive alternative on the heavily travelled Australia-Indonesia corridor.The strategic expansion from Melbourne follows TransNusa’s exceptional growth in the Australian market, where it rapidly captured a 20 percent market share in Perth by increasing its scheduled flight frequency to 21 by July 2026 from just 3 weekly flights in April 2025. This showcases the confidence and loyalty the TransNusa brand has garnered in the Australian market within 15 short months.Datuk Bernard Francis, Group Chief Executive Officer of TransNusa, speaking on the historic launch stated that this new daily Melbourne-Bali route marks a significant milestone in the airline’s growth trajectory, shifting the paradigm from conventional point-to-point operations to positioning Bali as a primary international transit hub for Australian travellers.“The launch of the Melbourne-Bali route represents a monumental step forward in TransNusa’s international expansion strategy. It strengthens Bali’s position as a premier gateway between Australia and Asia, while giving travellers a compelling new choice that combines connectivity, value, and a distinctly premium travel experience,” said the Malaysian-born aviation industry captain, Datuk Bernard.“Bali remains a prime global holiday destination, and by connecting it directly to Melbourne, we are providing travellers from Australia with a highly competitive, premium flying alternative,” he added.“TransNusa has always strived to deliver beyond expectations as our aim is to provide reliable, comfortable, and affordable travel choices across the region,” Datuk Bernard explained.Datuk Bernard Francis... TransNusa offers a Beyond Bali network connectivity, allowing passengers to expand their experience and planning with smooth transitions to world class local and international island destinationTo celebrate this milestone, TransNusa continues to offer exclusive introductory fares, with standard basic seats starting from just AUD299. Distinct from traditional low-cost competitors, even TransNusa’s standard tickets include generous baggage provisions alongside baseline comfort amenities such as complimentary water and snacks.Strategic Schedule and Beyond Bali Network ConnectivityEngineered to seamlessly accommodate both leisure holidaymakers and business travellers, the route operates on an optimized overnight and morning schedule:Flight 8B 18 departs Bali (DPS) at 20:45 from I Gusti Ngurah International Airport, arriving at Melbourne Airport (MEL) at 05:40 the following morning.Flight 8B 19 departs Melbourne Airport (MEL) at 06:25, arriving in Bali (DPS) at 09:40.Initially, TransNusa will operate four flights weekly, scheduled on Monday, Wednesday, Thursday and Friday. The airline will increase its frequency to seven scheduled flights weekly from November 15th onwards.The synchronized schedule allows passengers from Australia to seamlessly transition “Beyond Bali” to 11 prime island destinations across the Indonesian archipelago, including the preserved marine ecosystems of Wakatobi and the pristine islands of Manado, Bima, Surabaya, and Lombok. Additionally, the network provides timely, hassle-free transits to leading global commercial and tourism hubs across Asia, including Guangzhou (China), Singapore, and Phuket (Thailand).“Today, we are celebrating more than just a single point-to-point connection,” added Datuk Bernard.“Our goal is to design ultimate travel experiences. By scheduling timely transits from Bali, we are giving travellers from Australia complete flexibility to extend their journeys seamlessly to exotic domestic havens or major regional capitals across China and Southeast Asia.”Tickets for the new daily Melbourne–Bali route are available for immediate purchase. Travellers can book the tickets via the official website at transnusa.co.id or through authorized travel booking platforms.About TransNusaEstablished in 2005 and revitalized under new ownership and an international management team lead by Datuk Bernard Francis in 2019, TransNusa transformed its operations to become the first Premium Service Carrier in the Asia Pacific region in 2023. Operating a modern fleet of upgraded aircraft tailored for superior comfort and flexibility, the airline is based out of Jakarta and Bali. Internationally, TransNusa services major regional hubs including Singapore, Guangzhou, Kuala Lumpur, Penang, Perth, Bangkok, and now Melbourne.International Media Contact:Email: transnusamedia@alphaaccesspr.myWebsite: transnusa.co.id. Passengers can purchase tickets directly from TransNusa via its website. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Scalare Expands National Ecosystem with Brisbane Workspace, New Investment in Auric and Equityroom Launch ACN Newswire

Scalare Expands National Ecosystem with Brisbane Workspace, New Investment in Auric and Equityroom Launch

HighlightsExpanded Tank Stream Labs into Queensland with the Brisbane opening, bringing its national network to eight locations across four states. The Brisbane site is expected to be EBITDA and cash flow positive in FY27.Invested in Auric, a Sydney-based technology company developing an AI-powered Scent Intelligence™ platform. Auric established its Scent Lab at Tank Stream Labs' Merchant House location, demonstrating the connection between Scalare's investment activities and operating businesses.Launched EquityRoom, the Group’s startup fundraising and equity management platform with 11 paying customers and a further 35 on trial.Continued focus on integrating the Group's founder communities, services and investment capabilities following FY26's acquisitions.Received $2.07 million under the Convertible Note Facility.Customer receipts of $5.25 million, statutory operating cash inflow of $1.92 million, quarter-end cash of $0.55 million.SYDNEY, AU, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - Scalare Partners Holdings Limited (ASX: SCP) ("Scalare" or "the Company") is pleased to report on its activities and performance for the quarter ended 30 September 2026.The first quarter of FY27 marked the next stage of Scalare's plans to build Australia's most comprehensive founder support and investment ecosystem.Following a year of significant acquisitions and platform development, in which the Group delivered positive EBITDA and a gross margin of 77.8% for FY26, the Company's focus is on connecting these capabilities, growing recurring service revenue and identifying investment opportunities where Scalare can contribute capital, commercial expertise and practical founder support.The quarter included the expansion of Tank Stream Labs into Brisbane, an investment in Auric and the launch of EquityRoom. Together, these developments illustrate how Scalare's near national Australian wide infrastructure and investment activities can reinforce each other, creating opportunities across the Group.CEO commentaryChief Executive Officer Carolyn Breeze commented: "FY26 was about building the foundations of our ecosystem. FY27 is about turning those foundations into stronger commercial outcomes for founders and shareholders."Tank Stream Labs' expansion into Brisbane extends our physical presence into Queensland and provides another base from which founders can access the broader Scalare network."Our investment in Auric demonstrates how this model works in practice. Alongside our investment, Auric has established its Scent Lab within Tank Stream Labs, connecting a portfolio company with workspace, community and opportunities for commercial collaboration."Since quarter end, we have also launched EquityRoom, which already has 11 paying customers. It gives founders across our ecosystem a better way to prepare for and manage their capital raises, and adds a subscription revenue stream that we expect to grow over time."Our priority is to deepen these connections across the Group, grow recurring revenue and support promising technology businesses where our capabilities can make a meaningful contribution to their growth."Financial performanceThe Company's financial performance for the September 2026 quarter included:Customer receipts of $5.25 million.Statutory net operating cash inflow of $1.92 million.Cash and cash equivalents at 30 September 2026 of $0.55 million.Customer receipts for the September quarter were $5.25 million, broadly in line with the June quarter of $5.29 million. The Company reported statutory operating cashflow of $1.92 million in the quarter.The Company finished the quarter with $0.55 million of cash and $2.98 million of unused financing facilities, being convertible notes not received, giving total available funding of $3.53 million.CashflowThe Company reported statutory operating cashflow of $1.92 million for the September quarter.As in the June quarter, the result should be considered alongside the impact of AASB16 lease accounting and the timing of office fit-out expenditure at Tank Stream Labs. Office rent of $2.93 million is reported in financing activities rather than operating activities. During the quarter, the Group also received $1.68 million of lease incentives from landlords to fund office fit-outs, which are reported in financing activities.Payments for property, plant and equipment of $3.02 million, reported in investing activities, include $1.18 million of fit-out payments made in July 2026 that were matched against the June quarter lease incentives in the Company's previous quarterly update. When these timing differences are matched, the underlying cash movement for the quarter was an outflow of approximately $1.16 million.Financing activities also included $2.07 million of proceeds from the Convertible Note Facility, less $0.54 million of transaction costs and associated investor relations activities, and $0.17 million of loan repayments.On a matching basis, Scalare would consider the actual net cashflow from business activities as follows:September 2026 quarter cashflow$000Operational net cash generated1,923Lease payments shown in financing activities(2,925)Lease incentives received1,677Office fit-out payments during the quarter(3,015)Add back: July 2026 fit-out payments matched in the June 2026 quarter1,181Net cash outflow related to the September 2026 quarter(1,159) Funding and capital managementOn 2 July 2026, Scalare announced that it had received binding commitments for $5,000,000 (before costs) through a Convertible Note Facility with The Blackstone Mercantile Group Ltd. SAC, subject to shareholder approval.The Facility has a face value of up to $25 million, of which $5 million is committed. Further tranches of up to $20 million are at the investor's discretion and require the Company's consent.At 30 September 2026, $2.07 million had been received under the Facility. Transaction costs of $0.54 million were paid during the quarter.Shareholders strongly endorsed the Facility at the General Meeting held on 4 August 2026, approving all resolutions on a poll with more than 99% of votes cast in favour, including the issue of the $1.00 and $2.00 Convertible Notes and a 1-for-60 consolidation of capital.The consolidation gives the Company a more streamlined capital structure for its next phase of growth. Following its implementation, Scalare made a Bonus Issue of new options to existing shareholders (record date 24 August 2026), giving existing shareholders the opportunity to share further in the Company's growth. The bonus options can be exercised between 5 February 2027 and 31 March 2027.On 7 October 2026, the Company announced revised dates for the remaining instalments under the Facility. The second instalment of $1.5 million is now due by no later than 30 October 2026 and the third instalment of at least $1.43 million by no later than 30 November 2026.As the Company's existing Listing Rule 7.1 approval expires on 4 November 2026, shareholder approval for the final instalment will be sought at the Annual General Meeting on 26 November 2026. The Company expects the revised timing to have no material impact on its operations.Operational highlightsTank Stream Labs expands into BrisbaneDuring the quarter, Scalare announced Tank Stream Labs' expansion into Queensland through its new Brisbane workspace at 215 Adelaide Street.Brisbane becomes the eighth location in Tank Stream Labs' network, extending its presence across Sydney, Melbourne, Adelaide and Brisbane, and giving it a presence in four states.The expansion creates a new point of access to the Scalare ecosystem for Queensland founders and growing technology businesses. In addition to flexible workspace, the location provides a platform for community events, founder engagement and connections to the Group's advisory services, corporate partners and investment capabilities.As announced on 28 September 2026, the Brisbane site is expected to be EBITDA and cash flow positive in FY27. Planet Startup is already based in Brisbane, giving the new location an established founder community to build on.Since quarter end, launch activities in October have included a Fishburners Pitch Night, illustrating the opportunity to bring the Group's founder brands together through its national workspace network.Investment in AuricScalare invested in Auric, a Sydney-based technology company founded by Adam Good and Alex Cutri.Auric is developing an AI-powered Scent Intelligence™ platform combining connected hardware, software and scent technology to create personalised environments. Auric has completed development and manufacture of its first commercial device, the Aromasphere, and is deploying units in homes and workplaces across Australia.Alongside the investment, Auric established its Scent Lab at Tank Stream Labs' Merchant House location at 333 Kent Street, Sydney, providing a base for product development and engagement with customers, partners and investors.The investment reflects Scalare's strategy of backing selected technology companies where the Group can provide support beyond capital. Auric's presence within Tank Stream Labs also demonstrates the opportunity to connect investment portfolio companies with the infrastructure and services available across the ecosystem.EquityRoom launchedEquityRoom, a startup fundraising, data room and equity management platform developed and funded by Scalare, was launched in September 2026.At launch, EquityRoom had 11 paying customers and a further 35 customers on trial. The platform earns subscription revenue, which Scalare expects to become a scalable, recurring revenue stream within its products and services business.EquityRoom is operated by EquityRoom Pty Ltd, which is 51% owned by Scalare and 49% owned by its founder, Scalare Partner Tim Griffiths. It complements Inhouse Ventures, Fishburners and the Australian Technologies Competition by giving founders across the ecosystem a single platform to prepare for, run and manage their capital raises.Connecting the Scalare ecosystemFollowing the acquisitions of Tank Stream Labs, Planet Startup and Fishburners in FY26, Scalare's focus remains on strengthening connections between its operating businesses.The Group's combined capabilities span workspace, founder communities, financial and commercial advisory, education, corporate partnerships and investment support.A founder may first engage with Scalare through an event, a program or a workspace. As that business develops, the Group can provide additional services and connections to support its next stage of growth.This approach is intended to increase the value delivered to founders while creating opportunities for recurring revenue, cross-selling and investment across the Group.OutlookScalare's priorities for the remainder of FY27 include:Growing recurring revenue across workspace, advisory services, founder programs and corporate partnerships.Converting EquityRoom trial customers to paying subscribers and growing its customer base.Supporting occupancy and community development at Tank Stream Labs Brisbane.Deepening integration across the Group and converting shared founder relationships into commercial opportunities.Expanding Fishburners' engagement through the national ecosystem.Identifying further investment opportunities where Scalare can contribute capital and practical growth support.Maintaining financial discipline as the Group develops its operating platform.Completing the remaining instalments of the Convertible Note Facility, including obtaining shareholder approval at the Annual General Meeting.The Company believes its expanded national presence and connected service capabilities provide a strong foundation for the next stage of growth.This announcement was authorised for release by the Board of Scalare Partners Holdings Limited.ENDFor more information, please contact: Carolyn BreezeChief Executive OfficerScalare Partners+61 408 606 046carolyn.breeze@scalarepartners.comGiles Bourne Co-Founding Partner and Director Scalare Partners+61 409 548 096giles.bourne@scalarepartners.com About Scalare PartnersFor more information visit: www.scalarepartners.comScalare Partners Holdings Limited (ASX: SCP) is building Australia's most comprehensive founder ecosystem, supporting technology entrepreneurs from idea through to global scale.Through its portfolio of leading founder brands, including Fishburners, Tank Stream Labs, The Founders Union, Planet Startup, Tech Ready Women, Inhouse Ventures, EquityRoom and the Australian Technologies Competition, Scalare provides founders with the community, workspace, advisory services, education, corporate connections, investment pathways and growth support needed to build successful technology businesses.Collectively, the Group has a combined community of around 40,000 active founders and alumni, has supported over 10,530 startups throughout their growth journey, and its alumni have raised more than $5.4 billion in funding. Through more than 7,000 startup and innovation events, strategic corporate partnerships and investment initiatives, Scalare continues to strengthen Australia's innovation ecosystem.Operating across Australia with an expanding international network, Scalare generates recurring revenue through coworking, advisory, founder programs, corporate partnerships and innovation services, while also investing in selected high-growth technology companies. By bringing together capital, capability and community, Scalare creates long-term value for founders, corporate partners and shareholders.Forward Looking StatementsScalare Partners prepared this release using available information. Statements about ensuring future capital expenditures, potential investments, operating activities and the Company's business plan and timing are forward-looking statements. The Company believes such statements are reasonable, but it cannot guarantee their accuracy. Forward-looking information is often identified by words like "plans", "expects", "may", "should", "budget", "scheduled", "estimates", "forecast", "intends", "anticipates", "believes", "potential" or variations of such words, including negative variations thereof, and phrases that refer to certain actions, events, or results that may, could, would, might, or will occur or be taken or achieved. The Company's actual results, performance and achievements may differ materially from those expressed or implied by forward looking statements due to known and unknown risks, uncertainties and other factors. The information, opinions, and conclusions in this release are not warranted for fairness, accuracy, completeness, or correctness. To the maximum extent permitted by the law, none of Scalare Partners, its directors, employees, agents, advisers, or any other person accepts any liability, including liability arising from fault or negligence, for any loss arising from the use of this release or its contents or otherwise in connection with it.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319906 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CropLife Asia Welcomes New BASF, Corteva and FMC Representatives to Board ACN Newswire

CropLife Asia Welcomes New BASF, Corteva and FMC Representatives to Board

SINGAPORE, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - CropLife Asia, the regional association representing the plant science industry, today announced the appointment of three new representatives to its Board of Directors: Sergi Vizoso-Sansano of BASF Agricultural Solutions, Subroto Geed of Corteva Agriscience and Sebastià Pons of FMC.Sergi succeeds Simone Barg as BASF's representative on the Board, Subroto succeeds Brook Cunningham as Corteva's representative, while Sebastià succeeds Rahoul Sawani as FMC's representative. The appointments also coincide with a transition in CropLife Asia's leadership, with Paul Luxton, Head of Asia, Syngenta, formerly VicePresident, assuming the presidency, succeeding Simone Barg.Sergi Vizoso-Sansano leads BASF Agricultural Solutions in Asia Pacific. He brings nearly 30 years of international experience with BASF across Europe and the Americas. Prior to his current role, he served as Senior Vice President, Agricultural Solutions Latin America, based in São Paulo, and also held leadership roles within CropLife associations in Latin America. He has also served as Chairman of the Board of CropLife Brasil and CropLife Latin America.Subroto Geed is President, Asia Pacific, at Corteva Agriscience, having previously served as the company's Head of South Asia. He brings extensive experience in business leadership, commercial strategy and operations across multiple industries and markets. Prior to joining Corteva, he held senior leadership positions across consumer healthcare, nutrition and beverages, with responsibilities spanning business growth, marketing, supply chain management and organizational development. His cross-sector experience brings a valuable perspective on business transformation, strategic partnerships and market development.Sebastià Pons is the Executive Vice President and President, FMC Eurasia, leading FMC's business across Europe, the Middle East, Africa and Asia Pacific from Geneva. He joined FMC in 2017 and most recently served as President for Europe, Middle East and Africa. Before joining FMC, he spent 20 years with DuPont Crop Protection in regional and global roles across Europe and the United States. He has also served on the Board of CropLife Europe. Paul Luxton has served as Head of Asia at Syngenta since January 2024, overseeing the company's business across key Asian markets, including Southeast Asia, Bangladesh and Korea. He previously led Syngenta's Australia and New Zealand business, having served as Country Head since 2008. With extensive experience in agricultural business leadership and industry engagement, Paul brings a strong understanding of the opportunities and challenges facing agriculture across the region. He previously served as President of CropLife Australia and was Vice-President of CropLife Asia before assuming the presidency.“We are pleased to welcome Sergi, Subroto and Sebastià to the CropLife Asia Board. Their combined international experience and diverse perspectives will strengthen our work to advance science-based policies, responsible stewardship and agricultural innovation across Asia. We also thank our outgoing Board representatives for their contributions and look forward to working with Paul in his role as President,” said Siang Hee Tan, Executive Director of CropLife Asia. CropLife Asia extends its sincere appreciation to Simone Barg for her leadership as President of the Board, and to Brook Cunningham and Rahoul Sawani for their contributions as Board representatives. The association thanks them for their service and commitment to its work across Asia.CropLife Asia Board of DirectorsThe CropLife Asia Board leadership and company representatives are now as follows:Paul Luxton, Syngenta – PresidentMalu Nachreiner, Bayer Crop Science – TreasurerSubroto Geed, Corteva Agriscience – SecretaryDai Ito, Sumitomo Chemical – MemberSergi Vizoso-Sansano, BASF Agricultural Solutions – MemberSebastià Pons, FMC – MemberAbout CropLife AsiaCropLife Asia is a non-profit society and the regional organization of CropLife International, the voice of the global plant science industry. We advocate for a safe, secure food supply, and our vision is food security enabled by innovative agriculture. CropLife Asia supports the work of 15 member associations across the continent and is led by six member companies at the forefront of crop protection, seeds and/or biotechnology research and development. For more information, visit us at www.croplifeasia.org. For more information please contact:Cindy LimAssociate Director, Public Affairs & Strategic PartnershipsCropLife Asiacindy.lim@croplifeasia.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Extension of Lock-up by Management Aligns with Long-Term Growth, Yunji Technology Continues Business Expansion During Nine Months ACN Newswire

Extension of Lock-up by Management Aligns with Long-Term Growth, Yunji Technology Continues Business Expansion During Nine Months

Hong Kong, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - Beijing Yunji Technology Co., Ltd. (“Yunji Technology” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2670.HK) published a voluntary announcement recently. Ms. Zhi Tao, chairwoman of the Board, executive Director and president of the Company, and Mr. Li Quanyin, executive Director and chief executive officer of the Company, have each voluntarily undertaken to extend the lock-up period applicable to the Shares directly held by them to October 15, 2027. Against intensifying industry competition, market focus increasingly shifts toward companies with long-term sustainability. The decision of core management to extend the lock-up voluntarily at the expiry date fully demonstrates their confidence in the Group’s long-term growth prospects and their commitment to growing alongside the Group.Concurrently with the lock-up undertakings, Yunji Technology also voluntarily disclosed business progress during the nine months ended September 30, 2026: the Group’s robot operations continued to grow steadily, with the products covering over 45,000 hotels on a cumulative basis. The average daily number of concurrently online robots increased by approximately 20% to 25% year-on-year, while the number of tasks completed during the period rose by approximately 25% to 30%. The newly launched noodle-cooking robot has been included in the new-opening procurement list of a major hotel group customer, extending in-stay services into dining. At the same time, as a supplier of core mobility technology and modules, Yunji Technology is extending its reach into healthcare, manufacturing and property services through ecosystem partners’ products. Deliveries are underway on the Group’s 1,000-robot order under the cooperation with Ye Niao. Meanwhile, the Runyi project involves an order for 100 robots, with deployment across multiple hospitals now underway.As the robot network expands, penetration of the HDOS AI agent assistant into hotels’ daily operations has further deepened. In the first nine months of 2026, total HDOS subscribers exceeded 5,000, up approximately 230% year-on-year, while the number of paying subscribers increased by approximately 220%. The announcement states these day-to-day improvements in service efficiency and quality support further integration of HDOS into hotels’ workflows, with subscriptions and renewals generating recurring service revenue for the Group.In the AI agent ecosystem, the related services cover approximately 400 apartment properties, with the busiest property handling approximately 650 orders per day. Recently, Yunji Technology has signed strategic cooperation agreements with Taobao Instant Commerce and Meituan to connect platform orders to its robot delivery network, rapidly expanding its service coverage.In overseas markets, Yunji Technology continues to expand the distributor network and has recently entered Central Asia and Norway. It expects to sign robot sales orders with distributors in Norway, Greece, Germany and France within the next month, broadening the European sales network.By voluntarily extending the lock-up period, the core managements have closely aligned the interests of management with the Company’s long-term operating performance. Together with the steady expansion of the multiple business lines, Yunji Technology’s commercial closed loop continues to improve. Building on the mobile robotics technology accumulated in hotel scenarios, the Group keeps extending the boundaries of the services and unlocking the potential of AI agents. In the future, it is well positioned to further consolidate the core competitive strengths and open up room for long-term growth.About Beijing Yunji Technology Co., Ltd.Beijing Yunji Technology Co., Ltd. (referred to as "Yunji Technology") was founded in 2014 with the mission of "Robots, for a Happier Humanity," and is committed to building a world-leading ecosystem for service intelligent agents. By deeply serving enterprise clients, Yunji Technology redefines consumer experiences through cutting-edge robotics and intelligent agent services. From robots capable of interacting with the physical world to intelligent software platforms that streamline decision-making, Yunji Technology leverages intelligent agents to deliver adaptive, scalable, consumer-centric, and future-ready products and services, establishing itself as a pioneer in the R&D and commercialization of robotic service agents.To date, the company has deployed its solutions in global scenarios, including 40000+ hotels, 200 hospitals, factories, apartments, and office buildings, covering regions such as the Middle East, the Americas, South Korea, Japan, and Thailand. As of now, Yunji Technology robotics and intelligent agent services have cumulatively completed 1.1 billion interactions and traveled over 90 million kilometers.In 2023, Yunji Technology pioneered a new form of embodied intelligent robotics—the Composite Polymorphic Robot [UP]. As a multi-functional robot capable of using tools, understanding and assigning tasks, and collaborating in groups, it was recognized as one of the first "Comprehensive 5G Application Solution Providers" by the Ministry of Industry and Information Technology (MIIT) for its integration of "robotics + 5G technology."Yunji Technology has been successively awarded the titles of "Specialized, Refined,Distinctive, and Innovative" (Little Giant) Enterprise by the MIIT and the Beijing Municipal Government. It has also twice received China’s prestigious AI accolade, the "Wu Wenjun Artificial Intelligence Award," and has participated in drafting 26 technical and industry standards, solidifying its leadership in technological innovation and application within the industry. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Chervon Names Devin Murray Director of Sales – Northern Division ACN Newswire

Chervon Names Devin Murray Director of Sales – Northern Division

NAPERVILLE, IL, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - Devin Murray joins Chervon as Director of Sales - Northern Division, effective October 19, 2026, reporting to Thomas Kentouris, Vice President of Field Sales.Murray joins Chervon after completing a six-year fast track career in TTI sales and sales management. Most recently, he was a Key End User Account Manager for Milwaukee charged with growing the pro tool business with large end users.Murray's exceptional recruiting skills and leadership skills enabled him to build, manage and inspire highly effective sales teams at the store level. His account management prowess resulted in outstanding sales results and strong partnerships with multiple national accounts."Early in his impressive career, Devin was identified as a high potential future superstar executive," said Thomas Kentouris. "His large end user pro tool experience is exactly what we need to help build our pro tool leadership position. His inspiring leadership skills combined with his ability to aggressively grow sales at the store level all the way to the national account level make him a tremendous addition to our team.""I am thrilled to join Chervon's amazing leadership team and to focus on our bold sales growth targets," said Murray. "Chervon's advanced technology and powerful new product development capabilities are all designed to catapult our company into a position of global leadership, and I look forward to supporting our exciting goals in the years ahead."Murray is a graduate of James Madison University in Harrisonburg, VA.ABOUT CHERVONChervon North America is part of a global total solution provider specializing in R&D, manufacturing, testing, sales, and after-sales service of power tools and outdoor power equipment (OPE). Guided by user-centric innovation, the Company operates an integrated business model supported by global sales and distribution networks. Chervon's portfolio includes EGO, FLEX, SKIL, and DEVON, serving industrial, professional, and consumer markets globally.Better Tools. Better World.Chervon is committed to delivering superior products to users worldwide through continuous innovation and strives to become a global leader in power tools and OPE in the lithium-ion, intelligent, and digital era.PR Contact:Corporate Communications: CorpComm@na.chervongroup.com; +1 (331) 231-2360SOURCE: Chervon Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Chervon Names Terry Lucero Director of National Accounts – Industrial ACN Newswire

Chervon Names Terry Lucero Director of National Accounts – Industrial

NAPERVILLE, IL, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - Terry Lucero joins Chervon as Director of National Accounts - Industrial, effective October 19, 2026, reporting to Jeff Campbell, Senior Vice President of Industrial Commercial Sales.Lucero brings 25+ years of extensive experience in building professional tool businesses at national accounts, regional accounts, at the store level and at the end user level.Lucero started his career at Dewalt where he advanced through a series of sales, sales management and end user marketing positions over 5 years driving professional tool growth.Lucero went on to WW Grainger where he progressed through a series of business development and sales management positions. He was also a sales manager of professional equipment at United Rentals.Most recently, Lucero served as a director of sales at APEX Tool Group for the Americas."Terry's impressive pro tool experience in industrial distribution, national account management and end user marketing makes him an outstanding addition to Chervon," said Jeff Campbell. "His deep understanding of selling pro tools throughout industrial channels will be invaluable as we build our leadership position in the pro tool market.""I'm excited to join Chervon and begin working on building our high potential professional tool business," said Lucero. "My experience in industrial channels is a great match with the company's aggressive growth goals in these important professional tool channels of distribution."Terry is a graduate of Cornell University, where he majored in communications and was also a member of the Cornell varsity wrestling team.ABOUT CHERVONChervon North America is part of a global total solution provider specializing in R&D, manufacturing, testing, sales, and after-sales service of power tools and outdoor power equipment (OPE). Guided by user-centric innovation, the Company operates an integrated business model supported by global sales and distribution networks. Chervon's portfolio includes EGO, FLEX, SKIL, and DEVON, serving industrial, professional, and consumer markets globally.Better Tools. Better World.Chervon is committed to delivering superior products to users worldwide through continuous innovation and strives to become a global leader in power tools and OPE in the lithium-ion, intelligent, and digital era.PR Contact:Corporate Communications: CorpComm@na.chervongroup.com; +1 (331) 231-2360SOURCE: Chervon Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Chervon Names Krystle Adams Director of Sales Recruiting ACN Newswire

Chervon Names Krystle Adams Director of Sales Recruiting

NAPERVILLE, IL, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - Krystle Adams joins Chervon as Director of Sales Recruiting, effective October 19, 2026, reporting to Matt DeFeo, SVP of Sales, Training and Recruiting.Over the past 9+ years, Adams has advanced through a series of increasingly responsible sales and recruiting positions at TTI. Earlier in her impressive career, Krystle distinguished herself as an outstanding sales representative and sales manager delivering consistently strong results.Most recently, she was a National Recruiting Operations Manager responsible for leading, coordinating, and implementing recruiting efforts across campuses nationwide. Krystle has demonstrated exceptional skills in developing and leading campus and field sales recruiting efforts. She also designed and executed a thriving national college internship program."I feel incredibly fortunate to now have Krystle Adams in place to launch Chervon campus recruiting," said Matt DeFeo, SVP of Sales, Training and Recruiting. "Krystle is one of the most talented, high potential sales recruiting leaders I have seen over the past 40+ years, and she will have an immediate, significant impact on the results at Chervon.""My experience and passion for building world-class campus recruiting systems match perfectly with Chervon's bold plans to build out a national sales organization," said Adams. "I plan to work quickly to implement our new Chervon campus recruiting system and to hire hundreds of high potential, newly-minted college graduates."Adams holds a B.S. degree in Business and Marketing from the University of California in Riverside.ABOUT CHERVONChervon North America is part of a global total solution provider specializing in R&D, manufacturing, testing, sales, and after-sales service of power tools and outdoor power equipment (OPE). Guided by user-centric innovation, the Company operates an integrated business model supported by global sales and distribution networks. Chervon's portfolio includes EGO, FLEX, SKIL, and DEVON, serving industrial, professional, and consumer markets globally.Better Tools. Better World.Chervon is committed to delivering superior products to users worldwide through continuous innovation and strives to become a global leader in power tools and OPE in the lithium-ion, intelligent, and digital era.PR Contact:Corporate Communications: CorpComm@na.chervongroup.com; +1 (331) 231-2360SOURCE: Chervon Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Tenstorrent Announces a $1.5B Series E at a $6.2B Valuation ACN Newswire

Tenstorrent Announces a $1.5B Series E at a $6.2B Valuation

SANTA CLARA, CA, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - Tenstorrent, the AI computing company, has closed $1.5B in Series E funding at a $6.2B post-money valuation.The round was led by Trace Capital and Innovation X, with participation from new and existing investors including Agostinelli Group, ARK Invest, Brett Barna, Cadence Ventures, Eclipse, Fidelity Management & Research Company, Maverick Silicon, Morgan Stanley, Protagonist, Sandisk, T. Rowe Price*, Tether Investments, Troluce Capital, Virtu Financial, and XTX Markets.Tenstorrent will use the capital to deploy Galaxy servers at scale, continuing to serve open-weight models across LLMs and video generation, and advance the AI and CPU IP it licenses to customers designing their own silicon.Tenstorrent sells AI compute at every level of the stack - from a single card or workstation to racks, superclusters, and custom IP. With an open-source software stack, developers can run frontier models locally and enterprises can deploy models on-prem at industry-leading latency and throughput."We built one architecture and sell it at every size," said Jim Keller, CEO of Tenstorrent. "The future of compute is open, scalable, and owned by the people building on it. Our investors believe in that model too, and we appreciate their support.""Jim and his team bring decades of hands-on silicon, software, and IP experience, and we're excited to partner with Tenstorrent as Galaxy continues to scale," said Ben Mahdavi, Founder at Trace Capital."Few companies design the chip and the software that runs on it. Tenstorrent does both, and its video generation results beat industry benchmarks ahead of our expectations," said George Bousis, Co-Founder and Managing Partner at Protagonist. "We are excited to double down in the Series E to back Jim and the team through this next phase of growth."*Accounts advised by T. Rowe Price Associates, Inc.About TenstorrentTenstorrent is an AI compute company led by CEO Jim Keller - architect of Apple A4/A5, AMD Zen, and Tesla's Full Self-Driving chip. The company builds RISC-V-based AI processors and systems for developers, enterprises, and sovereign infrastructure worldwide. In addition to servers and workstations, Tenstorrent licenses its TT-Ascalon RISC-V CPU and Tensix AI cores to chip designers including Samsung and LG. Backed by Bezos Expeditions, Samsung, LG Electronics, Hyundai Motor Group, Fidelity Management and Research Company, and others, Tenstorrent operates from Santa Clara, Austin, Toronto, Belgrade, Tokyo, and Bangalore. tenstorrent.comAbout Trace CapitalTrace Capital is an investment firm that invests in, acquires, and builds exceptional businesses across stages and industries. The firm takes a long-term, concentrated approach to businesses at the forefront of technological change and the industries being transformed by it.Trace Capital was founded in 2026 by Ben Mahdavi, who previously co-founded Quiet Capital and led its Access strategy. During his time at Quiet, the firm invested in many of the leading technology businesses of the past decade.www.tracecap.comAbout Innovation XFounded in 2016 by Roger Monteforte, Innovation X is a late-stage venture capital firm that invests in privately held companies with innovative or disruptive technologies across defense technology, fintech, artificial intelligence, infrastructure, and the space economy. Innovation X Advisors has over $4.5B under management across multiple funds (as reported on Form ADV as of 12/31/2025).Tenstorrent Media Contact:Justin MauldinSalient PRachievemore@salientpr.com737.234.0936SOURCE: Tenstorrent Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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GMG Appoints Nine-Time Motocross World Champion Antonio Cairoli as Brand Ambassador and Invites Visitors to EICMA 2026 ACN Newswire

GMG Appoints Nine-Time Motocross World Champion Antonio Cairoli as Brand Ambassador and Invites Visitors to EICMA 2026

BRISBANE, AUS, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce the appointment of Antonio Cairoli as GMG Brand Ambassador. Mr. Cairoli is a nine-time Motocross World Champion and a Ducati test rider. He will support the Company in developing and applying its graphene engine oil additive, G® LUBRICANT, in the motorcycle and off-road sectors.GMG is also pleased to announce that it will exhibit at EICMA 2026, the 83rd International Two-Wheeler Exhibition. The show runs from 3 to 8 November 2026 at Fiera Milano Rho, Milan, Italy. GMG's stand is in Hall 9-11, Stand Q58.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/319627_dcc0f8fa9469cb0e_001full.jpgBRAND AMBASSADOR PROGRAMThe collaboration centres on G® LUBRICANT, a graphene liquid concentrate engine oil additive designed to reduce friction and improve engine efficiency, with the aim of improving performance, lowering fuel consumption and emissions. Mr. Cairoli will share what he has learned competing at the top level of motocross. His input will help guide the product's development towards the needs of off-road use and, in the future, racing.The program will start with Mr. Cairoli using and evaluating G® LUBRICANT in his own compatible vehicles in everyday use away from the racetrack. His feedback and discussions with GMG's technical team are expected to inform further product development. The aim is to bring solutions to the off-road market once they have been validated for their intended uses.ABOUT G® LUBRICANT AND TEST RESULTSG® LUBRICANT is added to mineral or synthetic engine oil in a 1:100 dosage. Management believes the graphene in G® LUBRICANT helps protect contacting metal surfaces and reduces friction and wear. Its thermal conductivity also supports heat dissipation within the engine. In various tests reported by GMG, G® LUBRICANT has shown:fuel consumption reductions of up to 10%nitrogen oxide (NOx) emissions reductions of up to 27%particulate emissions reductions of up to 33%coefficient of friction reductions of up to 30%These results come from different tests and vary with engine type and operating conditions. Separately, the University of Queensland has verified a fuel efficiency increase of up to 8.4% in a diesel engine, as announced in February 2025. Further testing and validation are needed for off-road and racing applications.COMMENTS:Antonio Cairoli, GMG Brand Ambassador, commented: "I'm delighted to be part of this project. From the moment Vincenzo Tirotta introduced me to GMG's technology, graphene and its properties, I was excited by the project and wanted to get involved. I want to share my experience with the team and help GMG develop a product that can become a benchmark in our sport too. Today, we still use engines powered by fuels that generate emissions. The opportunity to help reduce their impact while also working to improve efficiency and performance is something that really motivates me. We will start with my personal vehicles, with the aim of applying what we learn to the development of solutions for off-road use and, in the future, competition."Vincenzo Tirotta, GMG Business Development - Italy, commented: "It has been a privilege to introduce Antonio to GMG and our graphene technology. Antonio is one of the most respected riders in motocross history, and his technical knowledge and commitment to excellence make him an ideal partner for GMG. Italy has one of the strongest motorcycle cultures and industries in the world, and EICMA is the leading event for our sector. We look forward to welcoming riders, enthusiasts, distributors and manufacturers to the GMG stand to meet Antonio and the A-Team, and to discuss how G® LUBRICANT can support the motorcycle and off-road market."Craig Nicol, CEO & Managing Director of the Company, commented: "We are very pleased to welcome Antonio Cairoli to GMG as Brand Ambassador. Antonio's experience at the highest level of motocross gives our technical team a unique perspective on what riders and engines need in demanding off-road conditions. We look forward to working with Antonio to develop G® LUBRICANT for the motorcycle sector and to introducing him to visitors at EICMA 2026."Jack Perkowski, Non-Executive Chairman and Director of the Company, commented: "Antonio Cairoli's appointment as Brand Ambassador is an important step in building GMG's presence in the motorcycle sector. Working with a rider of Antonio's standing, together with independent testing programs such as the A-Team's, gives GMG valuable real-world feedback to support the development of G® LUBRICANT for new applications. The Board is pleased to see GMG continue to build its commercial foundations in Europe and to engage with the global motorcycle industry at EICMA 2026."EICMA 2026Mr. Cairoli will attend the GMG stand (Hall 9-11, Stand Q58) to hold an autograph session and present his new collaboration with the Company.Visitors to the stand, including enthusiasts, industry professionals, distributors and manufacturers, can meet GMG's senior management and Company representatives, learn about GMG's graphene products, and discuss potential technical and commercial collaborations.A-Team Motocross Testing ProgramUnder a separate development program, Massimo Fogliaro's A-Team will begin testing G® LUBRICANT in motocross. The team will evaluate how the product performs under competition conditions and provide feedback to support its technical development. The GMG stand at EICMA will also host the presentation of A-Team and its new Honda prototype, where visitors can see the motorcycle and talk to the team about the testing.The A-Team program is an independent initiative between A-Team and GMG, with its own testing and development program.Through these activities, GMG is building its presence in the motorcycle sector. The Company is combining its advanced materials research with rider experience, team expertise and market needs.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/319627_dcc0f8fa9469cb0e_002full.jpgAbout GMG:GMG is an Australian based clean-technology company which develops, makes and sells graphene enhanced products manufactured where the graphene is made via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines. GMG has also developed a graphene water based coolant additive focused on increasing heat transfer and reducing bacterial growth in cooling water circuits.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene ion batteries. GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information, please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com.Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "believes", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur.This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding: the Brand Ambassador program with Antonio Cairoli and its expected scope, activities and outcomes; the evaluation of G® LUBRICANT in Mr Cairoli's personal vehicles and the use of his feedback in product development; the potential development, validation and commercialisation of G® LUBRICANT for off-road, motorcycle and racing applications; the A-Team motocross testing program and its expected results; the expected benefits of the Brand Ambassador program and the A-Team testing program for GMG's commercial development in Europe and the motorcycle sector; GMG's participation at EICMA 2026 and the activities planned at the GMG stand; potential technical and commercial collaborations with distributors, manufacturers and other industry participants; GMG's presence in the motorcycle sector; the performance of G® LUBRICANT, including fuel consumption, emissions and friction reductions; GMG's intentions to develop commercial scale-up capabilities, GMG's focus in the energy savings segment, GMG's intentions for the use of graphene lubricant additive on saving liquid fuels, expectations for R&D and commercialisation of G CELLS, GMG's focus on graphene enhanced heating, ventilation and air conditioning coating in the energy savings segment, saving liquid fuels for diesel engines and increasing heat transfer and reducing bacterial growth in colling water circuits; GMG's 4 critical business objectives; GMG's ability to improve the performance of lithium-ion batteries and the Company's four critical business objectives.Such forward-looking statements are based on a number of assumptions of management. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that test results achieved to date may not be replicated in off-road, motorcycle or racing applications, that the Brand Ambassador or A-Team programs may not proceed as planned or produce the expected results, and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319627 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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The Smart Luggage at the 140th Canton Fair: Airwheel 20inch Carry-On Hand Scooter Ai Wheel Robot Cabin Luxury Suitcase Takes Smart Travel to the Next Level ACN Newswire

The Smart Luggage at the 140th Canton Fair: Airwheel 20inch Carry-On Hand Scooter Ai Wheel Robot Cabin Luxury Suitcase Takes Smart Travel to the Next Level

Guangzhou, China, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - At the event, international smart mobility brand Airwheel presented its range of Luxury Cabin Suitcases, combining electric mobility, intelligent technology and premium luggage design in a product category that challenges the conventional definition of travel luggage.The first phase of the 140th Canton Fair has come to an end, but one of the products featured at Airwheel's booth continues to generate conversation among international buyers: a suitcase that can actually be ridden.The response was immediate.International buyers gathered around the Airwheel booth to see the products, ask questions and, most importantly, experience them for themselves. One after another, visitors stepped onto the electric suitcases and rode through the exhibition area.Soon, Airwheel rideable luxury suitcases became a familiar sight across the venue, with buyers riding between exhibition areas and returning to the booth to explore product specifications and potential business opportunities.A suitcase that moves with you is no longer a concept. At Airwheel, it is a product experience.From “Carry-On” to “Ride-On”Traditional luggage is designed around a simple relationship: the traveler moves, and the suitcase follows.Airwheel is challenging that relationship.Its Luxury Cabin Suitcase combines the storage functionality of a compact travel case with an integrated electric mobility system, allowing users to switch between conventional luggage handling.For travelers moving through large airports, exhibition centers, transportation hubs and other spacious environments, the concept is straightforward:Instead of always pulling your suitcase, ride it when the journey calls for it.The idea proved particularly compelling at the Canton Fair, where buyers routinely travel long distances between exhibition halls, booths and meeting areas.On selected Airwheel models, the riding mechanism can be deployed with an intuitive control system, allowing the suitcase to transition from luggage to personal mobility device within seconds.The result is a distinctly different travel experience.The suitcase is no longer simply something being carried.It becomes part of the way you move.A Product That Turns Curiosity Into Business ConversationsAirwheel's product demonstrations at the Canton Fair was driven not only by its unusual appearance, but by the ability of visitors to experience the technology directly.Buyers could sit on the suitcase, test the riding controls, examine the structure and evaluate the combination of luggage storage and electric mobility firsthand.That physical interaction quickly moved beyond curiosity.Airwheel's exhibition team engaged with international buyers on topics including bulk purchasing, product certifications, delivery schedules, distribution models, market positioning and product portfolios.For distributors and retailers, the attraction is clear.Rideable smart luggage offers a differentiated category that sits at the intersection of travel gear, personal mobility and consumer technology.It creates a product experience that traditional luggage cannot easily replicate while giving retail and distribution partners a new way to engage consumers.The Canton Fair experience demonstrated the value of that approach: visitors did not need a lengthy explanation to understand the concept.They could simply get on and ride.73.26Wh Removable Battery Designed for Carry-On TravelThe technology behind Airwheel's Luxury Cabin Suitcase extends far beyond its electric drive system.The 73.26Wh removable lithium battery is designed around the requirements of modern air travel. Airwheel states that the battery meets global airline standards, with a removable architecture that allows it to be taken out of the suitcase when required.For the SE3SX, Airwheel's 20-inch smart electric suitcase is specifically positioned as a cabin-size carry-on product, with the company stating that it meets international airline carry-on standards. The removable battery architecture also facilitates security inspection and battery handling during travel.The battery solution is supported by relevant safety certification, while the 20-inch cabin-size form factor is designed to integrate electric mobility into a travel format familiar to international travelers.This creates an important distinction.Airwheel is not simply building an electric vehicle that happens to look like luggage.It is engineering a travel product around the requirements of luggage first, while integrating personal mobility into the same architecture.The SE3SX, for example, combines a 73.26Wh battery, 20-inch carry-on format, 6.6kg overall weight, 95kg maximum load and a top speed of 9.9km/h. It also supports Apple Find My and Airwheel's smart app ecosystem.Smart Features Built Into the Travel ExperienceElectric mobility is only one part of the Airwheel experience.Depending on the model, the Luxury Cabin Suitcase portfolio incorporates technologies including TSA-compatible locks, USB charging, Airwheel smart APP connectivity, Apple Find My support and dynamic RGB lighting.The objective is not to add technology simply for the sake of technology.Each feature is intended to address a familiar part of the travel experience.The smart APP provides connected control functions, while Apple Find My support gives users another way to keep track of their luggage. TSA-compatible locking supports international travel scenarios, while USB charging turns the suitcase into an additional source of mobile power.On the SE3SX, Airwheel has also integrated a smart handle that brings key riding controls into the handlebar architecture, combining acceleration, braking and reverse functions into a compact interface.The design philosophy is therefore less about creating a “smart gadget” and more about creating a smart piece of travel equipment.Engineering Meets Luxury Luggage DesignThe engineering challenge behind a rideable suitcase is significant.A conventional suitcase needs to maximize internal storage while remaining lightweight, durable and easy to transport.An electric suitcase adds an entirely different set of requirements: motors, batteries, structural reinforcement, control systems, wheels and mechanical components must all coexist within a compact luggage architecture.Airwheel approaches this challenge through the integration of electric drive technology, structural engineering, intelligent controls and premium luggage design.The SE3SX uses an enhanced aluminum-magnesium alloy frame combined with an ABS+PC composite shell, balancing strength with weight. The product supports a maximum load of 95kg while maintaining a compact 20-inch cabin-size form.The result is a product that does not simply look futuristic.Its technology is built into the physical architecture of the suitcase.The intelligence is in the structure. The mobility is in the design. And the technology is designed to disappear into the experience.International Design Recognition Beyond the RideThe attention Airwheel received at the Canton Fair is part of a broader design and innovation story.Airwheel's smart rideable luggage portfolio has received recognition from a wide range of international design programs, including the Berlin Design Awards Gold, European Product Design Award (EPDA), MUSE Design Awards, London Design Awards, NY Product Design Awards, Asian Design Awards, Japan IDPA Awards, WGA Wonder Global Design Awards and iLuxury Design Awards, among others.Airwheel's official product platform also highlights international design recognition across models including the SE3 series and SE3MiniT, with awards associated with programs in Europe, the United States and Asia.For Airwheel, these awards represent more than visual design.A rideable suitcase requires designers and engineers to rethink the relationship between form, function and movement.How can a motor be integrated without compromising luggage space?How can a riding mechanism remain compact when the suitcase is used as conventional luggage?How can a premium exterior accommodate sophisticated electronics and mechanical components?And perhaps most importantly:How can technology change the experience of travel without making the product feel complicated?These are the design questions behind the evolution of Airwheel's smart luggage.600+ Global Patents and Trademarks in 168+ Countries and RegionsBehind the product portfolio is an international intellectual property foundation developed over more than a decade of smart mobility research and product development.Airwheel has established a portfolio of more than 600 global patents, while its trademark registrations extend across more than 168 countries and regions.For international business partners, this intellectual property foundation provides an important indicator of Airwheel's long-term commitment to technology, product development and global market expansion.The combination of patents, international trademarks, design awards and an established product portfolio gives Airwheel a broader foundation for cooperation with distributors, retailers, travel retailers and mobility-focused partners.Rather than building its international business around a single product, Airwheel is developing a broader smart mobility ecosystem.A Complete Luxury Cabin Suitcase PortfolioThe Canton Fair presentation also demonstrated that Airwheel's strategy extends well beyond a single flagship model.The SE3SX , SE3SL and SE3SXD form key parts of the Luxury Cabin Suitcase portfolio, offering different approaches to intelligent riding, portability and connected travel.The SE3SX Cabin Suitcase focuses on premium smart electric mobility in a compact 20-inch cabin format, combining riding functionality, smart APP connectivity and Apple Find My support.The SE3SL+ Airport Boarding Suitcase emphasizes lightweight design and everyday usability, balancing rideability, portability and travel convenience.The SE3S and SE3SL Smart Carry-on Suitcase further expand the range for mainstream smart travel markets.Airwheel also presented products designed for more specific travel and mobility scenarios.The SE3MiniT hand suitcase focuses on a compact form factor for lighter travel and short-distance mobility.The SE3T brings a larger-capacity format for travelers who need greater storage for longer journeys and family travel.The SQ3 and SQ3S kids suitcase extend the rideable luggage concept into children's travel, combining mobility, practicality and a more engaging travel experience.Together, these models form a broader product ecosystem spanning premium cabin luggage, everyday travel, larger-capacity mobility and family-oriented products.For international distributors and retailers, that creates greater flexibility in building a localized product portfolio around different consumer segments and market requirements.The Next Evolution of Smart TravelThe first phase of the 140th Canton Fair offered Airwheel an opportunity to demonstrate its products directly to global buyers.The demonstrations allowed visitors to see the riding function firsthand.Visitors saw the product.They sat on it.They rode it.And many stayed to discuss what it could mean for their markets.That sequence—from discovery to experience to business conversation—captures the core of Airwheel's approach to smart travel.The company is not simply putting a motor into a suitcase.It is exploring what happens when luggage becomes mobility.When mobility becomes intelligent.And when technology becomes an integrated part of the travel experience.The result is a new category of travel equipment designed for a generation of travelers who expect their everyday products to do more.A suitcase that carries your belongings. A mobility device that carries you. A connected travel companion that moves with you.That is the direction Airwheel is taking with its Luxury Cabin Suitcase.Airwheel Continues at Canton Fair Phase Two and Phase ThreeThe first phase of the 140th Canton Fair may have concluded, but Airwheel's presence at the event continues.The brand will participate in the second and third phases, providing international distributors, retailers, sourcing professionals and potential business partners with further opportunities to experience the Luxury Cabin Suitcase portfolio firsthand.Phase TwoOctober 23–27, 2026Airwheel Booth: 20.2F19-20Phase ThreeOctober 31–November 4, 2026Airwheel Booths: 18.1K04, 20.2J37-38 and 20.2K11-12For buyers looking for differentiated smart travel products, the upcoming exhibition phases provide an opportunity to explore the full Airwheel portfolio, experience the rideable luggage firsthand and discuss potential distribution and sourcing opportunities directly with the brand.The first phase showed how quickly a new form of luggage can capture attention.The next two phases will bring that experience to even more global buyers.Airwheel is not waiting for the future of travel.It is building it—one smart suitcase at a time.About AirwheelAirwheel is an international smart mobility brand developing intelligent travel, personal mobility and smart electric products.With more than a decade of experience in smart mobility development, 600+ global patents, trademark registrations across 168+ countries and regions, and a growing portfolio of international design awards, Airwheel continues to explore the convergence of intelligent technology, industrial design and everyday mobility.Its smart rideable luggage portfolio includes the SE3SX, SE3SL, SE3SXD, SE3SL, SE3S, SE3MiniT, SE3T and SQ series, serving different travel scenarios, user groups and market requirements.Airwheel's vision is simple:Free Intelligent LifeMedia ContactCompany: AirwheelContact: Media TeamWebsite: https://www.airwheel.net Copyright 2026 ACN Newswire via SeaPRwire.com. 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OpenWorld (NASDAQ: OPNW) Signs Definitive Merger Agreement to Acquire Blocksight ACN Newswire

OpenWorld (NASDAQ: OPNW) Signs Definitive Merger Agreement to Acquire Blocksight

LAKE MARY, Fla., October 18, 2026 (ACN Newswire via SeaPRwire.com) - OpenWorld, Inc. (“OpenWorld” or the “Company”) (NASDAQ: OPNW), an innovation company advancing global real-world asset (“RWA”) tokenization, today announced the signing of a definitive merger agreement to acquire Blocksight and outlined how its acquisition of Blocksight Holdings Co. (“Blocksight”), announced on October 1, 2026, is intended to serve as the operating foundation for the Company’s tokenized financing programs in infrastructure and energy. Blocksight builds AI agents that bring real-world assets on-chain, automating deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing investment servicing, with human approval required at key decision points. Upon completion of the acquisition, these agents are expected to be integrated into OpenWorld Enterprise, the platform through which OpenWorld structures, administers and reports on tokenized RWA programs.In the two weeks since the Blocksight announcement, OpenWorld has announced two tokenized financing programs that OpenWorld Enterprise is expected to structure and service. On October 7, 2026, the Company entered into a non-binding term sheet with BeyondAI for a proposed intellectual property-backed transaction of up to $130 million, under which digital tokens would represent investors’ rights to payments backed by eligible BeyondAI intellectual property. On October 15, 2026, the Company entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $1 billion to fund a distributed AI computing network powered by on-site solar energy and residential battery storage, with an expected initial deployment planned for 10,000 homes. Together, the three announcements describe a single model: one platform, one agentic workflow, applied across asset classes.Key HighlightsOne platform, one repeatable model: OpenWorld Enterprise is the structuring, administration and reporting layer for each program. Blocksight’s agents are intended to become the orchestration layer inside that platform, so that each new program reuses the same verification, onboarding and reporting infrastructure rather than rebuilding it.Agentic workflow with human approval: Blocksight’s agents are expected to cover five stages of a tokenized financing: deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing servicing. People approve the decisions that matter at each stage.Applied to intellectual property (BeyondAI): In an IP-backed structure, the agents are expected to verify eligible patents and software rights, onboard investors and report daily on the payment streams that back the tokens, while BeyondAI retains control of its technology.Applied to energy and computing infrastructure (Meridian): In a distributed network of residential battery storage, solar panels and AI computing equipment across thousands of properties, the agents are expected to ingest equipment performance data via IOT devices, reconcile hosting payments and AI inference revenue, and deliver investor reporting on the underlying assets.Team: The Blocksight co-founders Patrick Kim and Peter Hong are expected to join OpenWorld upon closing of the merger.“We want to build a model in which the Blocksight acquisition provides the foundation for our tokenization work in infrastructure and energy,” said Matt Shaw, CEO of OpenWorld. “We expect our proposed transaction with BeyondAI to demonstrate that industrial AI intellectual property can be structured as financeable collateral. Our term sheet with Meridian extends that same model to physical assets: Tesla Powerwall residential battery storage, solar generation and AI compute nodes across thousands of properties. Programs of that size cannot be verified, onboarded and reported on by hand. Blocksight’s agents are how we intend to do it at scale, with people approving every decision that matters.”From Transaction to PlatformTokenizing a real-world asset is not a single event. Each program requires the underlying assets to be structured into a financeable form, the data behind those assets to be verified, investors to be onboarded and documented, performance to be reported on a continuing basis, and payments to be serviced over the life of the structure. Performed manually, each of these steps limits how many programs a platform can run and how large each program can be.Blocksight was built to automate that lifecycle. Its agents structure deals, verify asset data, onboard investors, produce daily investor reporting and service investments on an ongoing basis, with humans required for key decisions. After the closing of the merger, OpenWorld intends to make this workflow the standard operating layer of OpenWorld Enterprise, so that the Company can take on larger programs, across more asset classes, with consistent verification and reporting for investors.Applying the Model: BeyondAIUnder the October 7, 2026 term sheet, OpenWorld would provide transaction structuring, tokenization, technology integration, reporting infrastructure and operational services for a proposed IP-backed transaction of up to $130 million. Each token would represent an investor’s rights to payments backed by eligible BeyondAI intellectual property, such as patents and software rights. The proposed arrangement is a financing backed by IP rights, not a sale of BeyondAI’s technology, and BeyondAI would retain control of its technology.Within this structure, Blocksight’s agents are expected to support the verification of eligible intellectual property, the onboarding of investors and the daily reporting on the payment streams that back the tokens.Applying the Model: MeridianUnder the October 15, 2026 term sheet, OpenWorld would serve as advisor, structuring agent and services provider for a tokenized financing program of up to $1 billion, and OpenWorld Enterprise would finance and operate the orchestration of a distributed AI computing network. Meridian holds purchase rights to Tesla Powerwall residential battery storage systems for the program and would own the storage assets within the structure. Residential battery storage, solar panels and AI computing equipment form the asset base. The initial deployment is planned for 10,000 homes, with larger installations at local schools, hospitals and commercial campuses. Initial installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027.A program of this kind produces a continuous stream of operating data from thousands of sites: equipment performance, energy generated and stored, computing capacity delivered to AI inference providers, and payments owed to participating hosts. Blocksight’s agents are expected to ingest that data, reconcile it against the financing structure and provide investors with reporting on the underlying assets through OpenWorld Enterprise.Transaction StatusThe term sheets with BeyondAI and Meridian are non-binding, except for the provisions expressly stated to be binding, and each proposed transaction remains subject to the completion of confirmatory due diligence, negotiation and execution of definitive documentation, satisfaction of applicable conditions and completion of the contemplated transaction. In addition, the acquisition of Blocksight remains subject to the satisfaction or waiver of customary closing conditions. There can be no assurance that any of these transactions will be consummated on the terms described or at all.Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “believes,” “continue,” “expect,” “plan,” “could,” “contemplate,” “may,” “will,” “should,” “would,” “intend,” “potential,” “designed,” and other words of similar meaning. Examples of forward-looking statements include, among others, statements regarding the acquisition of Blocksight, whether the OpenWorld Board of Directors will approve the acquisition, whether definitive transaction documentation will be executed, the anticipated timing, structure and benefits of the acquisition, the satisfaction or waiver of any closing conditions, the integration of Blocksight and its technology into OpenWorld Enterprise, the expected roles of Blocksight’s founders following closing, the integration of Blocksight’s technology into OpenWorld Enterprise, the proposed transactions with BeyondAI and Meridian, and the size, timing and structure of those programs and the ability of OpenWorld to realize the anticipated strategic and operational benefits of the proposed acquisition and proposed transactions. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on OpenWorld’s current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside OpenWorld’s control. Actual results and outcomes may differ materially from those indicated in the forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. Important factors that could cause actual results and outcomes to differ materially from those indicated in the forward-looking statements include, among others, the following: (1) the possibility that the OpenWorld Board of Directors does not approve the proposed transactions that the parties do not execute definitive transaction documentation; (2) the occurrence of any event, change or other circumstance that could cause the proposed transactions not to be completed, including the failure to obtain any necessary approvals or satisfy or waive applicable closing conditions; (3) the institution or outcome of any legal proceedings that may be instituted against OpenWorld, Blocksight, Meridian or BeyondAI following the announcement of the proposed transactions; (4) the risk that the proposed transactions disrupts current plans and operations as a result of the time it diverts from management; (5) OpenWorld’s ability to realize the anticipated benefits of the proposed transactions and successfully integrate Blocksight’s, Meridian or BeyondAI’s business, personnel and technology if the transactions are completed; (6) the risk that tokenized securities may face increased regulatory scrutiny and may not be broadly accepted by the market; (7) costs related to the proposed transaction; (8) changes in applicable laws or regulations; and (9) the risks and uncertainties described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.”OpenWorld cautions investors not to place undue reliance on the forward-looking statements contained in this press release. You are encouraged to read OpenWorld’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements speak only as of the date of this press release, and OpenWorld undertakes no obligation to update or revise any of these statements except as required by applicable law. OpenWorld’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should consider these risks and uncertainties. OpenWorld does not give any assurance that definitive transaction documentation relating to the acquisition of Blocksight or the proposed transactions with Meridian and BeyondAI will be executed, that the acquisition or transactions will be completed or that OpenWorld will achieve its expectations and objectives, financial or otherwise, even if the proposed acquisition or transactions are completed.About OpenWorldOpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at @_openworld.About BlocksightBlocksight Holdings Co. builds AI agents that bring real-world assets on-chain. Its agents automate deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing investment servicing, with human approval required at key decisions. Blocksight was co-founded by Patrick Kim and Peter Hong.Investors:ir@openworld.devMedia:Gasthalter & Co.Phone: (212) 257-4170Email: openworld@gasthalter.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Megaannum Capital and Zhongke Xianxing Venture Capital Enter into Strategic Partnership ACN Newswire

Megaannum Capital and Zhongke Xianxing Venture Capital Enter into Strategic Partnership

Hong Kong, Oct 18, 2026 - (ACN Newswire via SeaPRwire.com) - Megaannum Capital Limited (“Megaannum Capital”), the venture capital platform of the Hong Kong SAR based Megaannum Group, held a signing ceremony at The Peninsula Hong Kong with – Beijing Zhongke Xianxing Venture Capital Management Co., Ltd. (“Zhongke Xianxing Venture Capital”), a venture capital platform under the Chinese Academy of Sciences, the People’s Republic of China. The two parties intend to jointly establish a pre-IPO private equity fund with a target size of RMB1 billion.Ms Joyce Lee, Chairwoman of the Megaannum Group (front row, left), and Dr Biao Li, Partner of Zhongke Xianxing Venture Capital (front row, right), signed the strategic cooperation agreement at the ceremony. Mr Alan Chan, representative of Megaannum Technology (back row, first from left); Dr Sam Shiu, representative of Megaannum Asset Management (back row, second from left); Mr Henry Hui, representative of Megaannum Capital (back row, first from right); and Mr Dixon Chan, representative of Megaannum Group (back row, second from right), witnessed the signing ceremony.Ms Joyce Lee, Chairwoman of Megaannum Group, said, “This collaboration marks a significant milestone in our shared vision to leverage capital as a catalyst for nurturing and exploiting the potential of cutting-edge technological innovation. By combining resources across different regions, this partnership aims to accelerate the commercialisation of research achievements, effectively bridging the gap between scientific discovery and market application. We are honoured to be appointed as a strategic partner of Zhongke Xianxing Venture Capital. The new fund is designed to provide comprehensive structured financing support bringing sophisticated, advanced technological achievements from the laboratory to the marketplace and at the same time serving as a springboard for the global expansion of companies incubated by the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences and affiliated institutes. By leveraging Hong Kong’s established role as a premium hub and a bridge between the Chinese Mainland and international capital markets, Megaannum Group strives to provide a vital channel for companies possessing core technologies and strong growth. Our goal is to assist these innovators in accelerating their commercialisation and scaling up efforts on a global stage.”Dr Biao Li, Partner of Zhongke Xianxing Venture Capital, said, “This partnership with Megaannum Group and the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences represents a powerful synergy between premier scientific capabilities and the dynamic Hong Kong capital market. Leveraging the Institute’s extensive portfolio of cutting-edge research achievements and Megaannum Group’s expertise in international capital markets, the collaboration bridges the gap between scientific discovery and commercial application. By harnessing Megaannum’s ecosystem as an integrated financial technology group, the partnership provides market-oriented, professional support to high-potential technology projects. Together, the parties will pool their strengths in scientific research, industry and capital to facilitate the transition of outstanding research projects from the laboratory to the marketplace, while paving the way for global expansion. This initiative aims to deepen the integration of industry, academia and research, injecting fresh momentum into technological innovation and industrial development.”Through this strategic partnership, Megaannum Group will leverage its integrated ecosystem to provide comprehensive support to the fund. The Group’s diversified portfolio encompasses Megaannum Capital, which focuses on private equity and venture capital investments; Megaannum Asset Management, which provides institutional and wealth asset management services; Megaannum Technology, which offers technology infrastructure and commercialisation support; and Megaannum AI Solutions, which specialises in proprietary artificial intelligence and algorithmic capabilities. By synergising its core strengths in “capital + resources + technology”, the Megaannum Group aligns its capabilities with the fund’s investment strategy to deliver holistic value to portfolio companies, with a support structure that combines capital injection, industry resources, technological empowerment and commercialisation support designed to strengthen market expansion and operational capabilities. Ultimately, this partnership aims to accelerate the commercialisation of technological achievements and support innovative enterprises in achieving high-quality, scalable growth.Megaannum Capital LimitedMegaannum Capital Limited specialises in growth-stage and pre-IPO investments within the technology sector. Deeply embedded in China’s industrial and technology ecosystems, the firm leverages a robust capital network across the Middle East, Southeast Asia and other emerging markets to drive cross-border value creation.Megaannum Group is an integrated financial technology group that synergises capital, technology and artificial intelligence. As the holding company of Megaannum Capital, the Group serves as a vital bridge connecting institutional capital with high-quality technological assets, industrial resources and cross-border growth opportunities. Through a unique combination of professional investment strategies, proprietary AI systems, and customized solutions, Megaannum Group is dedicated to creating long-term, sustainable value for its clients and partners. The Group’s ecosystem comprises four core business segments — Megaannum Capital, Megaannum Asset Management, Megaannum Technology and Megaannum AI Solutions — covering private equity, asset management, technological innovation and artificial intelligence applications. By leveraging deep synergies across the pillars, the Group promotes technological innovation, industrial upgrading and sustainable development.Beijing Zhongke Xianxing Venture Capital Management Co., Ltd.Beijing Zhongke Xianxing Venture Capital Management Co., Ltd. is a hard-tech industry operation and investment platform jointly initiated by leading Chinese research institutes and professional investors. Focusing on the commercialisation of technological achievements from the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences and affiliated institutes, it has developed a “1+3+N” model. With a mission to serve technological innovation and generate capital appreciation, it provides entrepreneurs with industry planning and investment empowerment, integrates high-quality projects and upstream and downstream resources for partners, and builds an influential ecosystem for industrial investment and financing services. In coordinating resources across CAS institutes, Zhongke Xianxing Venture Capital has advanced fund cooperation with the University of Chinese Academy of Sciences and the Aerospace Information Research Institute. It has also received honours including a place among the Top 10 University and Research Institution Investment Organisations in the “Foresight 2026” rankings and recognition as the University of Electronic Science and Technology of China’s Most Influential Alumni Venture Capital Institution. The Chinese Academy of Sciences is China’s highest academic institution in science and technology, a national science and technology think tank and a strategic national force in basic science research and integrated high-tech research. Established in 1949, the Chinese Academy of Sciences operates as a public institution directly under the State Council.Media EnquiriesStrategic Financial Relations LimitedMandy Go / Vivienne Leung / Iris Au YeungTel: +852 2864 4812 / 2864 4862 / 2114 4913Email: sprg.megaannum@sprg.com.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Hong Kong Autumn Electronics Fair and electronicAsia attract over 61,000 buyers for sourcing, business opportunities ACN Newswire

Hong Kong Autumn Electronics Fair and electronicAsia attract over 61,000 buyers for sourcing, business opportunities

Hong Kong, Oct 16, 2026 - (ACN Newswire via SeaPRwire.com) - The 46th Hong Kong Electronics Fair (Autumn Edition), organised by the Hong Kong Trade Development Council (HKTDC), and the 29th electronicAsia, jointly organised by the HKTDC and MMI Asia concluded successfully today. Over the four-day exhibition period, the two fairs attracted over 61,000 buyers from 141 countries and regions. Buyers from outside Hong Kong came mainly from the Chinese Mainland, India, Japan and the United States, among others, while buyer attendance from Kazakhstan, Brazil and other areas recorded encouraging growth, further reinforcing Hong Kong's role as an international trading hub and an important platform connecting global innovation and technology industries with international markets.The Hong Kong Electronics Fair (Autumn Edition) and electronicAsia concluded successfully today. The four-day fairs attracted over 61,000 buyers from 141 countries and regions who visited Hong Kong to source products and explore business opportunitiesThis year's Electronics Fair focused on three highlighted themes: AI & Robotics, Smart Wellness and NEXTEntertainment, with related products showcased across various thematic zones. electronicAsia also featured dedicated zones presenting electronic components, display technologies, printed circuit boards, electronic manufacturing services, and testing and measuring equipment, creating a comprehensive one-stop sourcing marketplace for the electronics industry.More than 130 exhibitors participated in the Smart Wellness sector, showcasing a wide range of products and solutions, including digital health devices, smart wearables, personal care technologies, gerontech and consumer electronics for healthy living. The strong participation reflects growing market demand for technology-enabled health management solutions and innovations that enhance quality of life.Silas Chu, HKTDC Associate Executive Director, said: "This year's Electronics Fair (Autumn Edition) and electronicAsia achieved a fruitful outcome, bringing together exhibitors, buyers, investors and industry players from around the world. The fairs generated strong sourcing momentum and facilitated numerous business deals and partnerships. As the industry continues to transform and upgrade, the role of trade fairs is also evolving, extending beyond traditional product showcases and sourcing activities to become important platforms for fostering innovation, industry exchange and cross-sector collaboration, while reinforcing Hong Kong's strengths as an international trade centre. The newly introduced Future Industries Zone attracted strong interest from technology companies, investors and buyers, while the GoGlobal Connect Zone and its related activities were also well received, reflecting strong demand from Chinese Mainland enterprises seeking to expand overseas and leverage Hong Kong's professional services. This highlights our city's unique role as a bridge connecting industries with global markets."This year's Autumn Electronics Fair introduces the new Future Industries Zone, spotlighting five key themes: Future Computing, Future Manufacturing, Future Marine & Quantum Technologies, Future Microelectronics, and Future Wellness. Pictured is exhibitor Lenovo showcasing a diverse range of innovative technologies and solutions.Mr Chu added: "As Hong Kong's October exhibition season continues, the HKTDC will organise a series of major exhibitions and conferences, including the Hong Kong International Lighting Fair (Autumn Edition), Hong Kong International Outdoor and Tech Light Expo, and Eco Expo Asia later this month. These events will create more cross-industry collaboration opportunities while leveraging Hong Kong's unique advantage in connecting the Chinese Mainland with international markets. They also align with the Hong Kong SAR Government's latest Policy Address and first Five-Year Plan which emphasise accelerating innovation and technology development, promoting AI adoption and strengthening Hong Kong's position as an international trade centre."Survey: over 80% of respondents optimistic about ASEAN and Middle East markets; AI emerges as a key growth driverAn independent research agency commissioned by the organisers interviewed over 1,150 buyers and exhibitors during the fairs. The survey found that 96% of respondents expected overall sales to increase or remain stable over the next 12 to 24 months, reflecting cautious optimism about the industry's medium-term market outlook.Respondents were particularly positive about future sales prospects in several areas, with the most promising growth opportunities identified in ASEAN (83%), the Middle East (83%) and Chinese Mainland (81%). The findings suggest that companies are actively diversifying their business footprint and exploring new growth markets.The adoption of artificial intelligence (AI) continues to accelerate in the electronics industry, with 74% of surveyed companies already applying or planning to apply generative AI technologies. The main areas of application include product design and development, data analysis and reporting, sales and customer engagement, as well as marketing and content creation. Meanwhile, nearly 60% of respondents identified AI as the technology expected to have the greatest impact on the industry over the next two years.The two fairs featured more than 3,200 exhibitors from 15 countries and regions. The HKTDC organised 130 buying missions involving buyers from 65 countries and regions, including companies such as Samsung Electronics and SSG.com from Korea, Karimex, Stetsom and Mondial from Brazil; Mercado Libre from Argentina; Garni Technology, Varitec Corp and Pan Pacific International from Czechia; Reichelt Elektronik from Germany; Taç Elektronik from Turkey; and Pixel Electric Ltd from Kenya, further reinforcing Hong Kong's role as a platform connecting international markets with innovative supply chains.RoboPark and Future Industries Zone take centre stageRoboPark and the Future Industries Zone were among the major highlights of this year's fairs, showcasing the latest advancements in AI, robotics, and other frontier technologies. This year's fairs featured more than 120 robots, primarily showcased at RoboPark at the Electronics Fair, demonstrating practical applications across four key areas: commercial and service industries, industrial and logistics operations, entertainment and social interaction, and healthcare and rehabilitation. Leading robotics companies from the Chinese Mainland took part, including UBTECH, AgiBot and DEEP Robotics, showcasing the latest achievements in bringing robotics technologies from R&D to commercial deployment and real-world applications.RoboPark expanded further this year and featured five interactive experience and demonstration zones. The photo shows Robot Dance Battle, where robots competed through precise movements and rhythm, demonstrating agility and advanced control capabilitiesBeijing Linkerbot Technology Co., Ltd. showcased the Hong Kong debut of its Linker Hand O30 Fully Direct-Drive Dexterous Hand, featuring sub-millimetre positioning accuracy and millisecond-level response speed, highlighting the potential of advanced robotic hands in humanoid robotics and industrial applicationsAmong the highlights was Booster Robotics, winner of the 2026 RoboCup World Championship, which showcased its championship-winning humanoid robot at the fairs. Yang Liuyang, APAC Sales Director of Booster Robotics, said: "We receive around 100 buyer visits every day from around the world, including Europe, Australia, and South American markets such as Brazil, Chile and Peru. This demonstrates the strong growth potential and commercial demand for humanoid robots in overseas markets. We are actively leveraging Hong Kong as a platform to expand our international business. We expect to appoint one to two distributors in Hong Kong this quarter, accelerating the commercialisation of our technologies and further expanding their applications in overseas markets."The newly launched Future Industries Zone spotlighted five key themes: Future Computing, Future Manufacturing, Future Marine & Quantum Technologies, Future Microelectronics, and Future Wellness. The zone brought together over 100 companies to showcase cutting-edge technologies and solutions. Among them was Hong Kong company Xeroptix Technology Limited, which presented core technologies serving as the "AI brain" for robots, offering integrated solutions spanning algorithms, software, hardware and chip design. Dr Steve Kong, Chief Technology Officer of Xeroptix Technology Limited, said the Future Industries Zone enabled innovation and technology companies to connect more effectively with industry partners while reaching investors, corporate users and international markets. During the exhibition, the company engaged with more than 50 potential clients from markets including Australia, the Middle East, Africa and Europe, many of whom expressed strong interest in its embodied AI technologies for robotics. “The exhibition has delivered encouraging results and is expected to generate potential orders worth over US$1 million,” Dr Kong said.Overseas exhibitors also leveraged the Autumn Electronics Fair to explore global business opportunities. First-time exhibitor Clevetura from Cyprus showcased its innovative input device that combines keyboard and touchpad functionalities, aiming to identify distribution partners and expand its international network. Co-founder Mike Krupenkov said: “Hong Kong serves as an important gateway to international markets. Through the fairs, we connected with a number of promising buyers from around the world, and the results have been highly encouraging.”The fairs brought together more than 120 young companies and start-ups, primarily located in the Startup Zone. Among them were numerous Hong Kong start-ups presenting their home-grown innovations to global markets. Hong Kong-based AI-powered news verification app developer Fliq achieved encouraging results in its debut participation. Its CEO and Co-founder Victor Nesteruk said: "Through the fairs, we connected with around 30 potential investors and business partners from markets including the Chinese Mainland, Brazil and Cyprus. We also arranged around 20 business meetings and secured two strategic cooperation opportunities. The fairs provide start-ups with an efficient platform to connect with international markets, and we will definitely participate again."In addition to business matching, the exhibition also helped start-ups explore business and fundraising opportunities through its Investment Matchmaking programme. Korea's Posco Investment attended the fair to explore strategic investment opportunities. The company's typical investment size for each project is around US$750,000. Olivia Park, Venture Capital Manager of Posco Investment, said: "We met with three to five high-potential technology companies and are currently conducting further due diligence and follow-up discussions with one start-up developing smart audio glasses for runners."The fairs featured numerous product debuts, with many companies choosing the platform to unveil their latest technologies and solutions to international buyers. Shenzhen-based VIGX Technology Co., Ltd. showcased the world's first pocket-sized AI-powered exoskeleton robot, overcoming the traditional limitations of bulky and cumbersome industrial exoskeletons. The product attracted strong interest from buyers, with nearly 1,000 visitors recorded during the first two days of the fair alone, including quality buyers from Europe, North America, and South American markets such as Argentina, Brazil and Chile. Wang Han, Overseas Sales Manager of VIGX, said: "The fair provides an ideal platform for us to showcase our latest innovations, accelerating the commercialisation of new technologies and their expansion into overseas markets. If market testing generates positive feedback, it could lead to volume purchases and potential orders worth around RMB1 million."Supporting Chinese Mainland enterprises in going globalThe HKTDC is one of the core members of the government-led GoGlobal Task Force. This year, the fairs featured the dedicated GoGlobal Connect Zone, offering support on financing, intellectual property, compliance, logistics and risk management to help Chinese Mainland enterprises leverage Hong Kong's international platform and professional services to connect with global markets. The zone received an enthusiastic response, attracting a large number of enquiries and registrations from businesses and professionals interested in expanding their overseas presence. At the same time, many Chinese Mainland technology companies actively used the fair as a springboard for global expansion.The fairs featured the dedicated GoGlobal Connect Zone, bringing together professional service providers to support enterprises with financing, intellectual property, logistics, compliance and risk management, helping Chinese Mainland companies expand into international markets through Hong KongAmong them was Huahon Data Technology, a provider of liquid-cooled AI computing systems and AI solutions, which worked to actively expand its international presence through the fair, successfully connecting with buyers and business partners from Asia, the Middle East and Europe. The company's CEO, Luo Hua, said: "Our global expansion strategy goes beyond selling hardware products. We are committed to building a comprehensive AI ecosystem and providing overseas customers with integrated solutions covering hardware, platforms and applications." The company is actively advancing its international development plans and intends to establish a registered company in Hong Kong within the next one to two months, positioning the city as a key base for its global expansion. The exhibitor added: “The HKTDC not only helped us connect with overseas buyers, but also actively introduced us to banks and financial institutions, supporting our financing activities in Hong Kong and our overseas expansion efforts."Global buyers actively source innovative productsThe fair attracted buyers from around the world to Hong Kong to source innovative technologies and advanced electronic products, with vibrant business discussions taking place throughout the exhibition. Cizar Abughazaleh, CEO of Dubai-based Action to Action, a company specialising in robot procurement and integration solutions for a wide range of service projects, visited the fair to source robots designed for interactive learning and educational applications. He said: "The fair brings together robots for a wide range of applications in a designated showcase area, enabling buyers to efficiently connect with and compare suppliers. We have purchased a dancing robot and a larger humanoid robot designed for testing and evaluation, helping us explore further collaboration opportunities for future projects."In addition to buyers from the Middle East, the fair attracted buyers from emerging markets such as Africa and South America, who travelled to Hong Kong to source innovative products and technologies. Masibo Levy Wafula, Managing Director of Kenya-based robotics and intelligent systems supplier Pixel Electric, successfully identified manufacturers from the Chinese Mainland at the fair and plans to procure smart metering and automation solutions worth around US$100,000 to support the upgrading of his business. Meanwhile, Fabio Marqui, Foreign Trade Manager of Hayamax, a major electronics wholesaler and distributor in Brazil as well as Toshiba's distributor in the country, said that in addition to finalising a US$200,000 order with an existing business partner during the visit, he had also held discussions with a number of new suppliers from Hong Kong, the Chinese Mainland and Taiwan, and expects to establish around four new business collaborations. His experience highlights the fair's strong appeal in bringing together global buyers and quality suppliers, while underscoring Hong Kong's unique role as a vital gateway connecting the Chinese Mainland with international markets.Over 100 events and 180+ international experts drive industry exchangeMore than 100 events were organised during the fairs, including forums, robotics demonstrations and performances. Over 180 industry leaders, experts and business representatives from around the world shared their insights. Among the highlights was a series of well-attended sessions focusing on GoGlobal activities with representatives from Hang Seng Bank, the Hong Kong Export Credit Insurance Corporation and other financial and professional service organisations examining key considerations for overseas expansion, including financing, risk management and business planning. Meanwhile, speakers from OCBC Bank (Hong Kong) shared the latest developments in ASEAN’s manufacturing ecosystem and corporate expansion strategies, providing practical insights for businesses seeking opportunities in the region.In addition, a wide range of forum sessions explored topics such as AI applications, digital transformation, industrial upgrading and cross-border business opportunities, attracting strong participation from industry professionals and reflecting keen market interest in innovation and emerging business opportunities. The RoboPark also featured exciting robot football matches, robot street dance performances and other live demonstrations, vividly showcasing the latest developments in real-world robotics applications. These activities added energy and a vibrant technology atmosphere to the fair, drawing large crowds of buyers and visitors.The Hong Kong Electronic Forum, co-organised by the HKTDC, MMI Asia Pte Ltd and the Hong Kong Electronic Industries Association, was themed “Future Tech: Powering Electronics Competitiveness with AI and Sustainable Innovation”. The forum explored innovation and development opportunities for the electronics industry in the AI era, providing valuable insights into emerging trends and future market opportunities.Lillian Cheong, Under Secretary for Innovation, Technology and Industry of the HKSAR Government, together with representatives from government, financial institutions, technology companies and professional services sectors, joined the "Finance Empowered and Go Global Summit" to discuss overseas expansion strategies, cross-border collaboration opportunities and new trends in financial empowermentThe "Future Technology - Future Scenarios - Future Talent" - Youth Scientists & Industry Application Scenario Matching Forum, organised by the HKTDC and the Hong Kong Electronics Industries Association and supported by the Innovation, Technology and Industry Bureau of the HKSAR Government and the Hong Kong Young Scientist Association, gathered young researchers, industry representatives and experts to explore technology commercialisation and future industry opportunities. Joining the event with other distinguished guests were Sun Dong (front row, fourth from left), Secretary for Innovation, Technology and Industry of the HKSAR Government; Sophia Chong (front row, fourth from right), Executive Director of the Hong Kong Trade Development Council; Dr Ge Ming (front row, second from left), Commissioner for Industry (Innovation and Technology) of the Innovation, Technology and Industry of the HKSAR Government; Paul So (front row, third from left), Chairman of the Hong Kong Electronic Industries Association; and Clara Chan (front row, third from right), Chief Executive Officer of the Hong Kong Investment Corporation LimitedThe Hall of Fame featured more than 560 renowned brands this year, including first-time exhibitors such as Aoni.The two fairs continued to adopt the EXHIBITION+ hybrid format, combining physical exhibitions with online business matching. In addition to attending the physical fairs, exhibitors and buyers also had access to the Click2Match smart business matching platform to conduct online meetings and sourcing activities. The online editions of both the Electronics Fair and electronicAsia will remain open until 23 October, extending business matching and collaboration opportunities worldwide.Photo download: https://bit.ly/4hNaRLXWebsites- Hong Kong Electronics Fair (Autumn Edition): https://www.hktdc.com/event/hkelectronicsfairae/en- electronicAsia: https://www.hktdc.com/event/electronicasia/enMedia enquiriesPlease contact the HKTDC's Communications & Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgHKTDC Media Room: https://mediaroom.hktdc.com/enAbout HKTDC The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Cotecna Group Acquires Energon Labs, Strengthening Global Pharmaceutical Testing Capabilities and Expanding its Presence in India ACN Newswire

Cotecna Group Acquires Energon Labs, Strengthening Global Pharmaceutical Testing Capabilities and Expanding its Presence in India

GENEVA, Switzerland and HYDERABAD, India, Oct 16, 2026 - (ACN Newswire via SeaPRwire.com) - Cotecna, a leading provider of Testing, Inspection and Certification (TIC) services, today announced the acquisition of Energon Labs, a cGMP-compliant, USFDA-inspected, ISO 9001:2015 and ISO 17025:2017 certified analytical testing laboratory based in Hyderabad, India.The acquisition strengthens Cotecna's global Life Sciences platform and expands its pharmaceutical testing capabilities across the Pharmaceutical, Biopharmaceutical, Medical Device and Packaging sectors. Serving customers across India, the United States, Asia-Pacific, and the Middle East, Energon is recognized for its scientific excellence, regulatory expertise and commitment to quality.Strategically located in Hyderabad, one of the world's leading pharmaceutical and biotechnology hubs, Energon provides Cotecna with access to highly specialized scientific talent, advanced laboratory infrastructure and a well-established pharmaceutical ecosystem. India is also one of the world's fastest-growing pharmaceutical markets and a critical manufacturing hub for global healthcare supply chains.The acquisition enhances the Cotecna's ability to support both Indian and international customers with high-quality, regulatory-compliant testing services while delivering greater responsiveness, scalability and operational efficiency across key markets.The addition of Energon further complements Cotecna's growing pharmaceutical testing network which includes Cotecna Life Sciences, Shiva Analyticals and Neotron Pharma. Together, this capabilities strengthen the Group's ability to support customers throughout the product lifecycle and address evolving global quality, compliance and regulatory requirements.Energon offers a comprehensive portfolio of analytical testing and quality assurance services, including analytical method development and validation, stability studies, impurity profiling, extractables and leachables, glass delamination studies, peptides and oligonucleotide characterisation, raw material and finished product testing, in-vitro binding studies, packaging compatibility studies, and regulatory support services. These capabilities will further strengthen Cotecna's position as a trusted partner to pharmaceutical manufacturers serving regulated markets worldwide.Sébastien Dannaud, Chief Executive Officer of Cotecna Group, commented: “We are pleased to welcome Energon Labs to the Cotecna Group. This acquisition represents another important step to support our ambition to become one of the largest providers of Life Sciences testing services in India,and strengthens our position in one of the world's most important pharmaceutical markets.”Amit Chopra, CEO South Asia and Middle East, Cotecna Group, added: "I am delighted to welcome Manikanth Reddy and the talented team of Energon Labs to the Cotecna group. This acquisition aligns perfectly with our strategy of building a comprehensive pharmaceutical testing ecosystem across key growth markets. Energon's strong technical capabilities, experienced team and established customer relationships will enhance our ability to serve pharmaceutical, biopharmaceutical and medical device companies across India and globally. Together, we are creating a stronger platform to support the evolving needs of the pharmaceutical and healthcare sectors. "Manikanth Reddy, Founder, Energon, said: "Joining the Cotecna Group opens an exciting new chapter for Energon Labs. Over the years, we have focused on building a laboratory recognized for quality, scientific expertise and reliability. Becoming part of a global organization like Cotecna provides new opportunities to expand our capabilities, strengthen our service offerings and deliver even greater value to our customers. Our team remains committed to maintaining the highest standards of analytical excellence while supporting the continued growth of the life sciences industry.”About Energon LabsEnergon Labs is a cGMP-compliant, USFDA-inspected, ISO 9001:2015 and ISO 17025:2017 certified analytical testing laboratory located in Hyderabad, India. The company provides comprehensive analytical testing, quality assurance and regulatory support services to pharmaceutical, biopharmaceutical, medical device and packaging industries, serving customers across India, the United States, Asia Pacific and the Middle East.About CotecnaFounded in Switzerland in 1974, Cotecna is a leading provider of Testing, Inspection and Certification services. With operations in more than 55 countries, Cotecna helps clients ensure quality, safety, compliance and sustainability across global supply chains. The Group serves customers across agriculture and food, pharmaceuticals, minerals and metals, consumer products, certification and ESG services through a worldwide network of experts, laboratories and technical specialists. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Alkagesta Advances ESG Commitments Across Asian and European Markets Amid Record Trading Performance ACN Newswire

Alkagesta Advances ESG Commitments Across Asian and European Markets Amid Record Trading Performance

SINGAPORE, Oct 16, 2026 - (ACN Newswire via SeaPRwire.com) - As energy commodity markets grew more volatile and complex throughout 2026, Alkagesta has advanced a series of environmental, social, and governance commitments across its global trading platform — reflecting a conviction that responsible growth and commercial growth are not in tension, but are built on the same foundations.ESG: Responsible Trading Across Asian and European MarketsAmong the most distinctive of those commitments is the investment by Alkagesta in Clean Caspian, an environmental research start-up developing technologies to contain oil spills and separate oil from contaminated water in enclosed marine ecosystems. Alkagesta invested in the project in May 2026, recognising that as a trader of petroleum products, oil spill risk is one of the most material environmental exposures associated with its business.In September 2026, the Clean Caspian team completed Phase I of its research, identifying two formulations for oil spill response — a two-stage approach combining a surface-localising reagent with a flocculant-coagulant to enable more efficient oil-water separation. Phase II will optimise both formulations, test them under different environmental conditions, and progress patent applications.Across sustainable fuels, Alkagesta secured a five-year feedstock offtake agreement for Used Cooking Oil and a multi-year biofuel storage agreement at Pantank in Antwerp, bringing total storage capacity across Europe and Asia to 700,000 m³. Alkagesta holds ISCC EU and ISCC CORSIA certifications, underpinning the ability to trade and supply certified sustainable fuels across aviation and marine sectors.The ESG Framework governing these commitments is publicly available on the Alkagesta website. In 2026, the company also received the EcoVadis Committed Badge — an independently assessed recognition of sustainability performance across environmental, social, ethical, and procurement dimensions. For Alkagesta, ESG is not a reporting exercise — it is a framework for managing the real risks that come with trading energy commodities across approximately 48 countries, and for building the long-term institutional relationships on which sustainable growth depends.Those commitments are not separate from the commercial business — they are embedded in how it operates. Nowhere is that clearer than in Singapore, where Alkagesta has built a marine fuels hub from the ground up over the past year, combining rapid commercial growth with the risk management and compliance standards that define the company's approach across all markets.Singapore: A Market Position Built from the Ground UpEstablished under Alkagesta Asia Pte in July 2025, the Singapore hub reached monthly delivered volumes of approximately 250,000 metric tonnes — around 5% of Singapore's marine fuels market — within its first full year of operations. First-half 2026 revenue from the hub reached $1.01 billion, representing approximately 171% growth versus the full year 2025, with 1.65 million metric tonnes delivered — up 104% from 0.81 million metric tonnes across the full year 2025.The performance was built on a deliberate infrastructure-first approach: securing storage capacity at Horizon Terminal, developing a distribution business in the short market, and assembling a team of trading, operations, and finance professionals capable of operating through one of the most complex periods in recent marine fuels market history. The hub navigated significant prompt availability constraints, elevated freight rates, and Persian Gulf supply friction throughout the year — emerging with a stronger commercial position and a deeper network of counterparty relationships.These results form part of a record first half for Alkagesta globally. Group revenue reached $3.5 billion in the first half of 2026, with trading volumes rising 53% year on year to 4.9 million metric tonnes. Full-year 2026 group volumes are expected to exceed 10 million metric tonnes, building on a record 2025 financial year in which Alkagesta generated $4.7 billion in revenue.Orkhan Rustamov, Founder and Chief Executive Officer of Alkagesta, commented: "These results reflect the progress we have made through a measured and disciplined approach to growth. Despite significant volatility across global commodities markets, our focus has remained on serving our clients reliably and building our business on strong, long-term relationships. We will continue to grow strategically, step by step, strengthening our presence in the markets where we operate and ensuring that our communication lines, capabilities and regional networks remain resilient."Media contactBrand: AlkagestaContact: Media teamWebsite: https://www.alkagesta.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Black Spade bringing Squid Game: The Experience to Southeast Asia ACN Newswire

Black Spade bringing Squid Game: The Experience to Southeast Asia

Hong Kong/Jakarta, Oct 16, 2026 - (ACN Newswire via SeaPRwire.com) - Black Spade is pleased to announce its role alongside Kingsmen Xperience in bringing Netflix’s Squid Game: The Experience to Indonesia with local operator SideQuest Worlds, part of PT Vista Adhya Paragon, bringing expertise in media and immersive entertainment.Opening on 16 October 2026 at Agora Mall in Jakarta’s Thamrin Nine complex, home to Indonesia’s tallest building, it is the first Squid Game: The Experience in Southeast Asia, bringing the acclaimed series to life through immersive environments and interactive challenges.Spanning more than 1,900 square metres, the Jakarta attraction features games inspired by the series, themed environments, photo zones and food and beverage offerings. Following editions in New York, Madrid, Seoul, London, Sydney and Tokyo, it brings the global entertainment experience to Indonesian audiences and visitors from across the region.Photo Caption:From the left: Jonny Moran (Netflix), Corey Redmond (Kingsmen), project representative, Hardie Widarma (SideQuest Worlds), Andrew Chin (SideQuest Worlds), and Dennis Tam (President and CEO of Black Spade)About Black Spade Capital LimitedBlack Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade’s investment strategy maximizes coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, medical technology, leisure and culture, green energy, real estate to Pre-IPO investments. In August 2023, Black Spade Acquisition Co, a blank check company (SPAC) sponsored by Black Spade, completed a US$23 billion business combination with VinFast Auto Ltd. The second SPAC of Black Spade, Black Spade Acquisition II Co, completed a business combination with global media and entertainment powerhouse The Generation Essentials Group in about 9 months’ time in June 2025. Its third SPAC, Black Spade Acquisition III Co in August 2026, announced the signing of a business combination agreement with Astrum Space Inc, a satellite communications company developing a wholesale satellite-to-device (“S2D”) broadcast and data-distribution network.Media Enquiries:Strategic Financial Relations LimitedVicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hkIris Au YeungTel: +852 2114 4913Email: iris.auyeung@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Islamic Finance Takes Center Stage as a Driver of Sustainable Economic Growth at Global Forum ACN Newswire

Islamic Finance Takes Center Stage as a Driver of Sustainable Economic Growth at Global Forum

BANGKOK, Oct 16, 2026 - (ACN Newswire via SeaPRwire.com) - PT Bank Syariah Nasional (Bank BSN) reaffirmed its commitment to strengthening the role of Islamic finance in promoting sustainable development and global economic resilience. This commitment was highlighted by Bank BSN Deputy President Director Arga M. Nugraha during an international forum held on the sidelines of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Thailand, on Wednesday (October 14).Bank BSN Deputy President Director Arga M. Nugraha at the the forum themed "Islamic Finance: From Crisis Resilience to Transition Finance in 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Thailand, on Wednesday.The forum, themed "Islamic Finance: From Crisis Resilience to Transition Finance," was jointly organized by the Islamic Bank of Thailand (ibank) and the International Islamic Economics and Finance Conference for Sustainable Development (IFESDC). The event brought together approximately 150 participants from across ASEAN, Africa, and the Middle East.During the panel discussion, Arga shared insights into strategies for strengthening the resilience of Islamic banking amid economic volatility and crises. He emphasized the importance of shifting financing models toward greater adoption of profit-and-loss-sharing arrangements, strengthening impact measurement in financing activities, and enhancing cross-border collaboration."The exchange of ideas and international dialogue must continue, and we must sustain this momentum, particularly to help reduce fragmentation in ASEAN's Islamic financial markets," Arga said.Arga further noted that regional integration and interoperability among Islamic financial markets are essential to expanding access to inclusive financial services for more than 250 million Muslims across ASEAN. In this regard, Bank BSN remains committed to actively participating in strategic dialogues and collaborative initiatives aimed at strengthening the region's Islamic finance ecosystem.In his opening remarks, His Excellency Arun Boonchom, Sheikhul Islam of Thailand, emphasized that Islamic finance is rooted in the objectives of Shariah (Maqasid al-Shariah), which uphold social justice, equality, transparent risk-sharing, and the preservation of wealth for the common good.The panel discussion, moderated by IFESDC representative Murniati Mukhlisin, also featured Islamic Bank of Thailand President Thaweelap Rittapirom and INCEIF University President Mohd. Azmi Omar as speakers.The panelists agreed that Islamic financial instruments, including sukuk, as well as profit-and-loss-sharing and risk-sharing arrangements based on musharakah and mudarabah, have significant potential to mobilize financing for renewable energy, sustainable infrastructure, and small and medium-sized enterprises (SMEs).The forum also underscored the importance of integrating Islamic social finance instruments, particularly zakat and waqf, into the broader financial ecosystem to strengthen social protection and support poverty alleviation efforts.In his remarks, Islamic Development Bank (IsDB) Group Chairman Muhammad Sulaiman Al Jasser emphasized that the future success of the Islamic finance industry should not be measured solely by asset growth. Its tangible contributions to public welfare and community resilience must also serve as key indicators of success.As a follow-up to the forum, ibank, as the host institution, will develop a set of policy recommendations titled the "Bangkok Policy Note." These recommendations are expected to provide a framework for advancing Islamic transition finance by strengthening institutional resilience, expanding financial inclusion, and enhancing the integration of ASEAN's Islamic finance ecosystem with global financial markets.Source: Bank Syariah Nasional Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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OMP and Eastman Show Decision Velocity in Practice at Gartner Supply Chain Planning Summit 2026 ACN Newswire

OMP and Eastman Show Decision Velocity in Practice at Gartner Supply Chain Planning Summit 2026

ATLANTA, GA, Oct 15, 2026 - (ACN Newswire via SeaPRwire.com) - OMP, a leader in AI-powered supply chain planning, is bringing Eastman to the Gartner Supply Chain Planning Summit 2026 in Denver, CO (November 2-3) to showcase decision velocity in practice. The global specialty materials company will show how it connected its long-term, mid-term, and short-term planning horizons into one cycle.Eastman on connecting its planning horizonsIn a session at the summit, Sachin Kothari, Manager IBP Excellence at Eastman, and Abhi Patel, Chief Business Operations Officer at OMP, will explain how Eastman moved from three planning horizons that each ran on their own schedule to one connected cycle linking long-, mid-, and short-term planning on a shared view of the value chain. The session also covers what got in the way of the shift and closes with the impact Eastman measured, along with recommendations for supply chain leaders whose planning still relies on handoffs.Meet OMP and explore planning transformation for decision velocityOMP will be on-site throughout the Gartner Supply Chain Planning Summit 2026 (Nov 2-3) at booth 205, showing how Unison Planning™ and UnisonIQ help organizations move toward always-on, decision-centric supply chain orchestration. See how integrated planning, enhanced by the latest AI advancements, drives faster scenario evaluation, stronger collaboration, and measurable business results.Sessions at a glanceEastman sessionTitle: One planning cycle: How Eastman connected horizons to improve decision velocitySpeakers:Sachin Kothari, Manager, IBP Excellence, EastmanAbhi Patel, Chief Business Operations Officer, OMPWhen: Monday, November 2, 2026, 4:45 PM MSTTo see where you can meet OMP next, visit our events calendar.About OMPOMP helps companies facing complex planning challenges to excel, grow, and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, and packaging - benefit from using OMP's unique Unison Planning™.Solution and product inquiriesContact OMP+32 3 650 22 11Media inquiriesKira Perdue (Carabiner) - kperdue@c-linkcommunications.comSOURCE: OMP Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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