Public Company News
Sunwoda Unveils Its Comprehensive Energy Storage Solutions Across the Full Industrial Chain at RE+ 2024
Sunwoda Energy made a significant impact at RE+ 2024 in Anaheim, showcasing advanced energy storage solutions tailored for the North American market. The company's presence at the event underscored its commitment to leading the global transition to renewable energy through cutting-edge technology. With a diverse portfolio that caters to utility-scale, commercial & industrial, and residential sectors, Sunwoda's comprehensive energy storage solutions are designed to enhance energy efficiency, support grid stability, and empower both businesses and homeowners with reliable energy systems. At the forefront of Sunwoda’s showcase was the NoahX 5MWh liquid cooling system, a high-capacity energy storage solution featuring 314Ah cells. This system supports critical grid applications such as frequency regulation and renewable integration, combining large-scale capacity with enhanced safety and durability. Sunwoda’s commercial and industrial energy storage offerings, such as the NoahX 344kWh and 417kWh cabinets, were also highlighted for their efficiency and cost-saving benefits. These systems provide businesses with flexible and scalable energy management, reducing energy costs while improving operational efficiency. In the residential sector, the SunESS series and Oasis 60 series were presented as ideal solutions for homeowners looking for dependable and scalable energy storage. These systems combine easy installation with advanced safety features, making them a smart choice for energy-conscious consumers. During the event, Steven Wang, Sunwoda’s Utility Energy Storage Solution Director, delivered a keynote speech titled Powering the Future: Advanced Battery Solutions for Global Energy Storage Markets . Wang discussed the significant growth potential of energy storage in North America and emphasized the role of advanced battery technology in addressing regional challenges. His insights resonated with the audience and reinforced Sunwoda's strategy to drive innovation and expand its footprint in the North American market. For more information, visit en.sunwoda.com . About Sunwoda Founded in 1997, Sunwoda Electronic Co., Ltd. ("Sunwoda" for short) went public on the Shenzhen Stock Exchange in 2011 and successfully listed GDR on the Swiss Stock Exchange in 2022, making it a leading enterprise in the global lithium-ion battery field. After nearly three decades of dedication and innovation, Sunwoda has achieved multifaceted business success, emerging as an invisible champion in the 3C battery sector, ranking among the top 10 globally in power battery installations, and leading in cumulative energy storage system installations within China.
Thai Union Helping Hand to Flood-Affected Communities in Northern and Northeastern Thailand
Nobu, the Global Iconic Brand, Unveils Nobu Bangkok, The World’s Highest Nobu Restaurant at "EA" Rooftop at The Empire, Thailand’s Newest Landmark Lifestyle Destination
AWC Unveils the New Iconic Landmark of Thailand “EA” As the Largest and Highest Rooftop Lifestyle Destination in the Heart of Bangkok at The Empire.
- September 20, 2024Business
AirAsia celebrates Asean Olympic and Paralympic champions with exclusive 'Olympics Champion Pass' flight rewards
Photo Caption: A moment of pride and inspiration as AirAsia honours the extraordinary achievements of our ASEAN Olympic and Paralympic athletes during the Dare to Dream celebration. Pictured are some of the region’s finest, including Veddriq Leonardo (Men's Speed Climbing Gold Medalist, Indonesia), Rizky Juniansyah (Men's 73kg Weightlifting Gold Medalist, Indonesia), represented by Sri Rizki Ananda from the National Olympics Committee, and Paralympic heroes such as Cheah Liek Hou (Men's Single Para Badminton Gold Medalist, Malaysia), Gischa Zayana , Muhammad Bintang Satria Herlangga , Felix Ardi Yudha , Muhamad Afrizal Syafa (Para Boccia Athletes, Indonesia) and Karisma Evi Tiarani (Women's 100 meters, Indonesia) AirAsia is proud to honour the remarkable achievements of Asean athletes at the 2024 Paris Olympic and Paralympic Games with the exclusive ‘Olympics Champion Pass’ powered by AirAsia MOVE (formerly airasia Superapp). This initiative, a key part of AirAsia’s Dare To Dream campaign, rewards Olympic and Paralympic gold, silver and bronze medalists for their dedication, resilience, and extraordinary accomplishments. The Dare to Dream initiative by AirAsia recognises the unwavering determination, hard work, and resilience of Asean athletes who have persevered and reached for their dreams to achieve extraordinary feats. A historic achievement was made by the Asean athletes at the recent Paris 2024 Olympic and Paralympic Games. These dedicated individuals represented their respective countries and the entire Asean region, showcasing exceptional talent and determination. Their combined efforts resulted in an impressive haul of medals, including 5 gold, 3 silver, and 8 bronze at the Olympic Games , and a remarkable 11 gold, 22 silver, and 20 bronze at the Paralympic Games . This outstanding performance underscores the region's growing prowess in the world of sports and serves as a testament to the hard work and dedication of its athletes. The athletes will receive FREE* flights incentives courtesy of AirAsia and powered by AirAsia MOVE (formerly known as airasia Superapp) With these incentives, the athletes will have the opportunity to fly to any of AirAsia's 130 destinations across its extensive network in Asean and beyond.In line with AirAsia's focus on digital convenience, medalists can easily book any AirAsia flights directly through the AirAsia MOVE app (via the "Asean Pass" icon), for the best and seamless travel experiences. Tony Fernandes, CEO of Capital A , said, “Our Asean Olympic and Paralympic athletes have shown the world what can be achieved through having a dream, confidence and grit. No matter the challenges they have faced, they kept pushing forward, and that’s what makes their success truly inspiring. Their journeys reflect the Asean spirit, and we are incredibly proud to honour their success. This initiative not only rewards their achievements but also strengthens AirAsia’s commitment to supporting talent across the region. As we move forward, we will continue to focus our efforts on helping regional talents realise their full potential and connect with the world with their inspirational stories.” Rudy Khaw, CEO of AirAsia Brand Co. (Abc.) said, “We are incredibly proud and inspired by the sportsmanship, hard work, and dedication displayed by all Asean athletes at the Paris 2024 Olympic and Paralympic Games. AirAsia has always been a dream enabler, committed to empowering people to pursue their passions, and through our Dare to Dream initiative, we aim to nurture and celebrate the region's exceptional talent. It is a privilege to honour these athletes who have not only dared to dream but have also inspired millions across Asean and the world to chase their own aspirations.” ***ENDS*** About AirAsia, the masterbrand AirAsia is a leading Asean brand that has evolved from a pioneering low-cost airline into a dynamic travel and lifestyle platform for the underserved, the believers and the dreamers. With a legacy of more than 20 years built on affordability, accessibility, and inclusivity, AirAsia has connected millions of people across the region and beyond, inspiring dreams and empowering communities. Rooted in Asean, AirAsia continues to champion the region's diversity propelled by its "Dare to Dream" spirit committed to delivering exceptional value, unforgettable experiences, and innovative solutions.
- September 20, 2024Business
AirAsia and Airbus announce wide-ranging partnership to accelerate aviation sustainability
Yap Mun Ching, Chief Sustainability Officer, Capital A (L) and Helene Burger, Head of International Cooperation & Sustainability APAC, Airbus AirAsia today announced a new chapter in its long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives that lower carbon emissions in the ASEAN region. In a Memorandum of Understanding between their sustainability divisions, AirAsia and Airbus established a collaboration to explore decentralised production of Sustainable Aviation Fuel (SAF) using alternative feedstock and technologies in Southeast Asia. The research-based partnership aims to identify opportunities to support the onward commercial development of promising projects to expand SAF supply in the region. The MoU also set forth conditions to jointly investigate advanced measures to improve air traffic management (ATM) to reduce CO2 emissions, leveraging AirAsia’s industry-leading fuel efficiency programme and Airbus’ pioneering role as a global leader in aeronautics, space and related services. The organisations will be identifying applicable solutions developed as part of the Single European Sky ATM Research (SESAR) Project* and assessing their suitability for adaptation to ASEAN skies. Capital A Chief Sustainability Officer, Yap Mun Ching said, “AirAsia will be a key partner of Airbus in ASEAN to test the feasibility of SAF output developed using alternative feedstock and technologies, as well as ground-breaking ATM initiatives supported by Airbus’ innovation teams. As a regional carrier based in five ASEAN countries, we bring unparalleled operational experience in the region to complement Airbus’ technological expertise. The partnership establishes a foundation upon which to build joint projects at multiple levels that address the broad needs of improving the environmental performance of the sector.” Yap said the partnership directly addresses the prerogative for the aviation sector to invest in and scale up in-sector solutions that are critical to decarbonising the industry. Other than improvements in efficiency and adoption of SAF, she said a key pathway for AirAsia to achieve net zero by 2050 is by upgrading the airline’s fleet to the most fuel-efficient models. In June, AirAsia took delivery of its first brand new A321neo aircraft since the Covid-19 pandemic. The airline will receive five more aircraft in the fourth quarter of the year for entry into service in Malaysia and Thailand. All Airbus aircraft deliveries to AirAsia starting 2024 will be fulfilled using a fuel blend inclusive of 5% SAF. Airbus Chief Sustainability Officer, Julie Kitcher said, “Airbus is contributing to the decarbonisation of aviation around the world. That means working with our customers in every region, looking at all solutions available today and collaborating on research for future technologies. AirAsia is a key partner in the ASEAN region and we are excited to work with the airline to explore operational efficiency levers, including air traffic management and scaling up the production and distribution of SAF.” AirAsia currently holds an order for 361 units of the A321 model to meet the airline group’s fleet growth and replacement needs. By 2035, aircraft upgrades are expected to account for up to 10% reduction in AirAsia’s CO2 emissions compared to its 2019 baseline. Operational efficiencies and SAF are expected to deliver another 15% in reduction as the airline group charts its pathway towards net zero by 2050. In 2023, AirAsia avoided emitting 130,000 tonnes of CO2 from its narrowbody regional network through the implementation of over 20 operational efficiency measures, equivalent to the impact of more than 2 million trees planted**. These measures contributed to a reduction in fuel costs amounting to US$40 million and over US$388,000 in shadow carbon costs. * SESAR is the technological pillar of the EU’s Single European Skies initiative aimed at modernising Europe’s air and ground ATM infrastructure and procedures to enhance safety, cost-efficiency and environmental performance. Launched in 2004, more than €2 billion has been committed to the development phase of SESAR’s ambitious goals. **United States Environmental Protection Agency, ‘Greenhouse Gases Equivalencies Calculator - Calculations and References: Number of urban tree seedlings grown for 10 years'.
- September 19, 2024Business
AirAsia X to convene EGM, moving closer towards the completion of its transformative aviation acquisition proposal
AirAsia X (AAX or the Company) has announced that the Company has obtained clearance from Bursa Malaysia Securities Berhad (Bursa Malaysia) for the Extraordinary General Meeting (EGM) Circular for shareholders detailing the proposed acquisition of Capital A Berhad’s aviation business. This brings the Company closer to completing the acquisition of AirAsia Aviation Group Limited and AirAsia Berhad to form a new aviation group. Following this approval, AAX will convene an EGM in approximately three weeks’ time from the date of despatch of EGM Circular, at a date to be announced soon, where shareholders’ approval will be sought for the Proposed Acquisition. Bursa Malaysia’s clearance of the circular and related share listings represents a pivotal step towards the completion of this transformative acquisition. Once finalised, the new aviation group will operate with a more streamlined structure, enhanced market reach, and improved operational synergies, driving long-term growth, profitability, and increased returns for shareholders. Dato’ Fam Lee Ee, Chairman of AirAsia X said: “Bursa Malaysia’s clearance marks a pivotal milestone as we move closer to finalising this transformative acquisition. By integrating AirAsia’s extensive network with AAX’s medium-haul capabilities, we are set to unlock significant synergies that will not only streamline our operations but are projected to increase revenue and reduce operating costs. This acquisition is a strategic step that positions us to capture greater market share in the region and drive sustainable growth. “The upcoming EGM will be a critical opportunity for our shareholders to shape the future of AAX. We are excited about the prospects that this acquisition will bring, enabling us to create a more robust and efficient airline group that meets the evolving needs of our guests while enhancing shareholder returns.”
- September 19, 2024Food & Beverage
Food and Beverage Outlets to Opened at Expo 2025 Osaka, Kansai, Japan
Suntory Holdings Ltd. has decided to open food and beverage outlets at Expo 2025 Osaka, Kansai, Japan. The three outlets will be located inside the Water Plaza West building, a commercial building in the Water Plaza area that is open to the sea and sky. To serve a wide range of dining needs, the outlets will each have a unique theme. There will be a park-like cafeteria where people can casually drop in and refresh their minds and bodies, a restaurant where they can enjoy the fresh air and water of the Japanese highlands, and a restaurant specializing in farmed fish that connects the blessings of the sea to the future. Suntory will collaborate with Daikin Industries, Ltd. and Kindai University on the opening of the outlets, relying on their expertise to create them. The menus and interior designs will incorporate Japanese styles and cutting-edge technologies so visitors can enjoy the space and conversation, as well as their food and beverages. At the Japan World Exposition Osaka 1970 (Expo ’70), Suntory gave visitors a rich food and beverage experience born of nature’s blessings, including original Expo cocktails and an “On The Rocks with Alaska Ice*1” served at the bar inside the Pavilion. As we intended then, we hope again that memorable experiences of food and beverages at the Expo will instill new feelings that connect us to a better future for humankind and nature. *1 At Expo ’70, Suntory sponsored the “Suntory Hall” pavilion with the theme “Water of Life,” where whisky and orange juice was served to visitors during the Expo using glacial ice flown in from Alaska. ■Overview of Outlets Hours: 10 am to 9 pm (tentative) Location: 1st and 2nd floors in the West Building of the Water Plaza ■Unique Features of Each Outlet 1.SUNTORY PARK CAFE (1F) The cafeteria resembles a park-like space where people can casually drop by, talk, and refresh their minds and bodies. With furnishings throughout the facility to encourage toasts (“Cheers!”) that naturally bring people closer, the space is designed for comfortable and relaxed communication. A lineup of familiar Suntory products will be served in an “Expo version,” including premium shaved ice made with Suntory Tennensui, a natural mineral water nurtured over decades in the majestic mountains, and a special edition of BOSS available only at the Expo venue. For its tableware, the cafeteria will use Ikurinzai*2 produced from Suntory Natural Water Sanctuaries, Suntory’s forest-maintenance activities that seek to improve water-source recharge capacity and biodiversity. This gives visitors the opportunity to reflect on the blessings of nature and their sustainability through an enjoyable and delicious dining experience. The cafeteria offers a vibrant, open space that resonates with humankind and nature, where a person can refresh both their mind and body. *2 Ikurinzai (timber from cultivated forests) is the term used by Suntory Group to refer to the timber produced through activities that nurture sustainable water and forests. 2.SUIKUU (2F) This restaurant is a collaboration with Daikin Industries, the joint sponsor with Suntory of the Expo 2025 Osaka, Kansai, Japan show “A Spectacle of Air and Water—Under the Midnight Rainbow.” The interior of the restaurant reproduces the flow of clear water, lush greenery, and fresh air, creating an experience similar to dining at a restaurant on the Japanese highlands, despite its location on the Expo waterfront. Daikin Industries’ advanced technology optimizes temperature, humidity, and airflow to create cool, refreshing air throughout the restaurant. The menu offers drinks with original presentations of whisky, beer, wine, and other alcoholic beverages from Suntory, nurtured by the richness and repetition of the seasons, as well as set course meals made with ingredients sourced in Japan. Additionally, the tables in the restaurant use “Suntory Taru Monogatari*3” furniture, made from barrel staves that have nurtured whisky for many years and served their purpose. This gives visitors a sense of the passage of time in the aging process as they enjoy a relaxing meal. Our hope is that visitors will want the enjoyable meal they experience here to be something that continues to exist into the future. *3 Since 1998, Suntory has run a business that recycles whisky barrels for use in furniture and interior furnishings that are sold under the label Suntory Taru Monogatari (“Suntory Barrel Story”). 3.Kindai University Aquaculture Research Institute Restaurant at the Water Plaza, Expo 2025 Osaka, Kansai, Japan (2F) This restaurant specializing in farmed fish is an industry-academia collaboration with Kindai University, an institution that has for many years conducted research on sustainable aquaculture that does not rely on natural marine resources and has little impact on the natural world. Visitors can enjoy not only “Kindai Tuna” that was fully farm raised with success for the first time in the world by Kindai University, and other safe, sound, and delicious farmed fish, but also seafood dishes made with “thoroughbred-fish*4” a fish created using Kindai University technology that crosses two varieties of fish to take advantage of the specific strengths of each. The interior of the restaurant is a phantasmal space that evokes the floor of the ocean using video, light, and sound. There is also an area where visitors can directly see and experience the commitment to a sustainable future by observing farmed Japanese eels swimming in a tank. “Come Meet The Fish You Will Eat for the First Time Ever in Your Life” will be a special first-hand experience offered to the many visitors to Expo 2025 Osaka, Kansai, Japan who come from all around the world. *4 “Thoroughbred-fish” is a term coined by Kindai University to succinctly describe their concept. Academically, these are referred to as “hybrid fish.” ■About Suntory’s Corporate Slogan “Sustained by nature and water” “Sustained by nature and water” is Suntory Group’s corporate slogan, as well as our basic concept for Expo 2025 Osaka, Kansai, Japan. Suntory will also present a water and air-themed spectacular at the Water Plaza every day during the Expo period ( see News Release No. 14510 ). Suntory believes it is the group’s responsibility to show respect and gratitude toward nature for the water it produces, and to carry that legacy into the future alongside our abundant lifestyle culture. Suntory’s hope is that the water spectacular and these enticing food and beverage experiences will encourage an even greater number of people to share in our vision. ▽ For customer inquiries regarding this announcement, contact: Suntory Customer Center https://www.suntory.co.jp/customer/
- September 19, 2024Business
Yayasan PETRONAS: Mapping Malaysia’s Seagrass Meadows for Conservation and Protection
Yayasan PETRONAS has taken an important step into the conservation of marine ecosystems through a Seagrass Mapping and Community-Based Programme, after inking two Memorandum of Understanding (MoU) with Department of Fisheries Malaysia (DOF) and Sabah Biodiversity Centre (SaBC) covering the mapping of seagrass meadows in Peninsular Malaysia and Sabah, respectively. The first phase of the programme, which will run for two years is set to kick off in Johor and Sabah where seagrass meadows form critical habitats for marine biodiversity. The MoUs with DOF and SaBC were signed on 12th September and 26th July, respectively. Shariah Nelly Francis, CEO of Yayasan PETRONAS shared that, “This programme, under our environmental pillar, aims to promote and advance environmental conservation in Malaysia, particularly in seagrass conservation. We are committed to implementing initiatives that not only protect the environment and conserve seagrass ecosystems in Malaysia, but also strengthen community resilience in facing future climate challenges.” Shariah Nelly added that studies and research through comprehensive seagrass mapping will not only contribute to a better understanding of ecosystem management. Furthermore, mapping of seagrass meadows will also provide essential data that will serve as the groundwork for conservation plans. Additionally, the partnership with DOF and SaBC will also engage in educational and awareness initiatives for local communities, highlighting the significance of seagrass ecosystems and their vital role in supporting both environmental health and community wellbeing. “Seagrass mapping is one part of the programme. The other critical part of this programme is to involve communities living along the seagrass meadows to become stewards, inculcate a sense of responsibility and assist in efforts to protect this important habitat,” she said. Issued by: Yayasan PETRONAS
- September 19, 2024Business
Asia Digital Engineering (ADE) and GMF Form Strategic Joint Investment to Expand Landing Gear Services
Asia Digital Engineering (ADE), the Maintenance, Repair and Overhaul (MRO) subsidiary of Capital A, and PT Garuda Maintenance Facility Aero Asia Tbk (GMF), Indonesia's leading MRO provider, are proud to announce their strategic joint investment. This partnership marks a significant milestone for both companies as they unite to revolutionise landing gear services across the region, combining their expertise and resources to set new industry standards. The landmark signing ceremony took place at the inaugural Bali International Airshow 2024 (BIAS), underscoring the significance of this joint investment in the aviation industry. GMF offers comprehensive landing gear overhaul and maintenance services, including the complete disassembly, inspection, repair, and reassembly of landing gear components. With state-of-the-art facilities equipped with advanced technology and certified by international aviation authorities, GMF ensures the highest quality of service. This joint investment represents a pivotal step for both ADE and GMF, enabling them to expand their service offerings and tap into the robust landing gear market in Southeast Asia. By combining ADE's innovative engineering capabilities with GMF’s established expertise, the partnership aims to deliver world-class landing gear solutions to airlines across the region. Mahesh Kumar, CEO of ADE , said, “Our investment in GMF’s landing gear business is a strategic leap forward, designed to accelerate our growth and strengthen ADE's position as a leader in the aviation MRO sector. With our 14-line MRO hangar now fully operational and our digital products gaining international recognition, this partnership with GMF comes at the perfect time. By combining GMF's expertise in landing gear services with our cutting-edge efficiencies, we are set to transform the industry and establish new benchmarks. The potential of this partnership is truly transformative, and we are excited about the remarkable advancements it will bring.” Andi Fahrurrozi, CEO of GMF, said “This joint investment aligns perfectly with our vision to expand GMF's footprint in the global MRO market. ADE’s forward-thinking approach and commitment to innovation complement our established experience in landing gear services. Together, we aim to elevate the quality, efficiency, and range of services we offer, making Southeast Asia a leader in aviation maintenance. We look forward to unlocking new opportunities and delivering exceptional value to our airline customers.” The partnership between ADE and GMF not only enhances the service capabilities of both companies but also reflects the growing importance of Southeast Asia as a hub for aviation innovation and maintenance excellence. END About Asia Digital Engineering (ADE) Founded in September 2020, ADE is a wholly-owned subsidiary of Capital A Berhad , based in Klia2, Kuala Lumpur, Malaysia. ADE leverages the AirAsia’s Engineering Department’s best practices and unsurpassed combined experience in the region. ADE offers a range of aircraft services for line maintenance, base maintenance, workshop, component and warehouse services, and engineering support services. Equipped with state-of-the-art infrastructure and facilities and our vast experience in airline engineering managing the world’s best low-cost airline, ADE aims to uphold the highest standards when it comes to professional integrity, quality, reliability, driving greater efficiencies and safety, for all of our customers at all times. About GMF PT Garuda Maintenance Facility Aero Asia Tbk (GMF) is a company engaged in the provision of industrial services, as well as the repair, maintenance, and overhaul of aircraft. As the largest aircraft MRO (Maintenance, Repair, and Overhaul) company in Indonesia with over 70 years of experience, GMF initially started as a division of PT Garuda Indonesia (Persero) Tbk, located at Soekarno Hatta International Airport. GMF has served more than 190 customers across more than 60 countries. In carrying out its business activities, GMF has been recognized by aviation authorities around the world with certifications from more than 25 countries, including the FAA (United States), EASA (Europe), and DGCA (Indonesia). In 2017, GMF officially became a publicly traded company by offering its shares to the public under the ticker code GMFI. Currently, GMF is expanding its operations to enter the power services and defense industries segments. As a result, GMF is expected to realize its vision of becoming the most valuable MRO company through its mission of providing integrated and reliable maintenance solutions as a contribution to the nation and the state. Media Queries: ADE : Aziz Laikar | azizlaikar@ade.aero | +6.012.366.9745 GMF : Khairani Windyaningrum | khairani@gmf-aeroasia.co.id | +62 822 1667 8282
- September 18, 2024Business
Austal Australia and Greenroom Robotics establish a strategic partnership agreement following successful Patrol Boat Autonomy Trial
Austal Australia and Greenroom Robotics are pleased to announce the establishment of a strategic commercial partnership, following the successful completion of the Patrol Boat Autonomy Trial (PBAT) for the Royal Australian Navy. The Strategic Partnership Agreement (SPA) will see Austal Australia and Greenroom Robotics collaborate further on developing watercraft-based products, services and technologies that may reduce crewing, increase safety, and enable remote and autonomous operation of vessels designed and constructed by Austal Australia. The SPA continues the highly successful working relationship developed between Austal Australia and Greenroom Robotics during PBAT that saw both platform and navigation autonomy solutions developed for a decommissioned Armidale-class patrol boat. Austal Australia Chief Technology Officer Dr. Glenn Callow said the Agreement reflects both companies’ growing capabilities and demonstrated commitment to developing industry-leading remote and autonomous technologies, aligned with AUKUS Pillar 2 objectives. “The Patrol Boat Autonomy Trial highlighted Austal and Greenroom Robotics’ respective expertise in naval platform integration, and navigation and situational awareness systems technology to demonstrate a reliable, remote and autonomous-capable vessel,” Dr. Callow said. “This Agreement enables Austal and Greenroom Robotics to continue working together, build upon the valuable lessons learned from PBAT and develop practical remote and autonomous solutions that may be applied to any watercraft designed or built by Austal. “Further, this Agreement aligns directly with the AUKUS Pillar 2 objective to develop advanced military capabilities, including autonomy and both Austal and Greenroom Robotics are ready to pursue opportunities that we hope one day, will be integral features of future Australian, UK and US naval vessels.” Greenroom Robotics Chief Technology Officer Harry Hubbert said both teams were looking forward to further developing systems that were tested and proven during the Patrol Boat Autonomy Trial and may be considered for future optionally crewed naval vessel programs. “PBAT allowed us to install, test and operate our Greenroom Robotics Advanced Maritime Autonomy (GAMA) software, to successfully navigate the de-commissioned Armidale-class Patrol Boat, Sentinel, in a series of remote and autonomous tests off the coast of Western Australia. “GAMA worked seamlessly with Austal’s proven platform management system, MARINELINK, to offer reliable and safe operation of the 57-metre patrol boat, including collision avoidance exercises that demonstrated the capability of the platform. “We’re excited to be continuing our close collaboration with Austal to further develop fully integrated remote and autonomous technologies and explore new opportunities for optionally crewed vessels that ultimately may contribute to meeting AUKUS Pillar 2 objectives,” Mr Hubbert added. -END- Further Information Contact: Austal Phone: 61 8 9410 1111 Fax: 61 8 9410 2564 Email: media@austal.com
- September 18, 2024Business
Capital A announces EGM timeframe, marking key progress in aviation business disposal to AirAsia X
Capital A has announced that the Extraordinary General Meeting (EGM) circular detailing the proposed disposal of its aviation business to AirAsia X (AAX) has been cleared by Bursa Malaysia. This key procedural step paves the way for an EGM to be convened in the next three weeks, when shareholders will have the opportunity to approve the proposal. With the clearance from Bursa Malaysia for the issuance of the circular, Capital A moves forward with its strategic plan to restructure and facilitate a business-centric valuation of its aviation and non-aviation entities. Following shareholders' approval at the upcoming EGM, the aviation disposal proposal will proceed to court for approval of the proposed distribution to shareholders via capital reduction. The successful completion of this transaction will lead to the formation of the new AirAsia Group, which combines both short-haul and long-haul operations under one umbrella. With focused management and a well-defined strategic direction, the aviation group will ensure operational efficiency, robust connectivity, expanded market share, and ultimately enhanced profitability. Tony Fernandes, CEO of Capital A said, “We are beyond excited about the next step of the aviation transformation. We are set to redefine the aviation future with the birth of the new AirAsia Group, where AirAsia and AAX operations unite to deliver increased profitability and returns for the shareholders. He continued, “This transaction is a key part of our long-term strategy to unlock unparalleled value for our shareholders and position Capital A for sustainable growth across all its business verticals. By separating our aviation and non-aviation businesses, we can better focus on building synergies within each entity, driving growth, and maximising shareholder returns. Importantly, this will also allow Capital A to have a clean balance sheet and focus on finalising its regularisation plan to exit Practice Note 17 (PN17) status. We look forward to receiving the support of our shareholders at the upcoming EGM as we embark on this transformative journey.” ***ENDS***
- September 18, 2024Public Company
Spynn Publicity Guides EB1A Visa Applicants After July 2024 Visa Bulletin Advancement
With the July 2024 visa bulletin showing significant advancements, Indian nationals aiming for EB1A class visas—a category reserved for those with exceptional skills—now have a swifter pathway to approval. Spynn Publicity, a firm specializing in immigration public relations, is ready to help applicants make the most of this opportunity despite the remaining challenging EB1A requirements. Understanding the EB1A Visa Bulletin Advancement The recent extension of the EB1A category by 11 months to February 1, 2022, is part of a more considerable effort to address backlogs and improve the efficiency of the immigration process. This change mainly benefits Indian nationals, potentially cutting years off their wait for green cards. "This visa bulletin advancement creates new opportunities for Indian professionals with extraordinary ability," says Matteo Ferretti, CEO of Spynn Publicity. "Yet, the change doesn’t alter the strict criteria that the United States Citizenship and Immigration Services (USCIS) has set.” “Applicants still need to demonstrate that they meet these high standards, ” he adds. “That’s where our tailored PR campaigns can help by highlighting an applicant’s achievements in ways that resonate with USCIS adjudicators." The EB1A visa , often called the "Einstein Visa," is for top-tier science, arts, and business professionals. To qualify, applicants must demonstrate major achievements or significant contributions to their field. Despite the optimism the visa bulletin brings, the high standards required remain a considerable challenge for many. Boosting EB1A Applications with Targeted PR Targeted public relations can be critical for applicants close to meeting the eb1a eligibility . Spynn Publicity has developed a reputation for crafting media strategies that turn potential into successful visa approvals. "Well-executed media exposure can make a difference. Securing features in respected industry publications, arranging speaking engagements, or facilitating appearances on high-profile panels help us to demonstrate the applicant’s influence and recognition within their field," Ferretti emphasizes. These activities prove an applicant's prominence and ability, vital to succeeding with EB1A applications. The company’s process includes a range of PR tactics, from securing interviews to placing articles in notable publications, all designed to strengthen an applicant’s case by showcasing their exceptional abilities. Addressing the Challenges of the EB1A Process In spite of the encouraging visa bulletin news, the EB1A application process remains one of the most difficult, with approval rates hovering around 50%. USCIS scrutinizes applicants heavily, and a comprehensive, well-supported application can set one apart. Ferretti discusses how Spynn Publicity helps applicants translate their achievements into a strong EB1A petition. The company collaborates closely with immigration lawyers to make certain that PR initiatives complement legal strategies, enhancing the overall petition strength. This may involve gathering expert testimonials, documenting the applicant’s role in judging peers' work, or providing evidence of original contributions to their field. The updated visa bulletin has brought renewed hope for EB1A applicants, making Spynn Publicity’s strategic PR campaigns more essential than ever. For Indian nationals and others hoping to prove their extraordinary abilities, partnering with an experienced PR firm can be the difference between obtaining or being denied an EB1A visa.
- September 18, 2024Business
Towngas and HKHS host “Nutritious Mid-Autumn” event to promote healthy eating and eco-friendly festivities
As the Mid-Autumn Festival approaches, The Hong Kong and China Gas Company Limited (Towngas) has once again partnered with the Hong Kong Housing Society (HKHS) to host the “Celebrating Mid-Autumn with Your Neighbours” event at Kwun Lung Lau, an HKHS rental estate in Kennedy Town, for the fourth consecutive year. The event was also broadcast live to other HKHS estates, bringing joy and care to 500 online and offline participants. In line with the current trend towards healthier lifestyles, this year’s theme, “Nutritious Mid-Autumn”, aims to promote healthy eating and encourage an eco-friendly celebration of the festival. The event featured game booths and lantern riddle competitions, incorporating knowledge about nutritious eating habits in a fun and educational manner. Celebrity volunteers performed nostalgic classics, while residents from HKHS’s Lok Man Sun Chuen delivered an impressive intergenerational dance performance. Mr Peter Wong Wai-yee, Managing Director of Towngas, and Mr James Chan Yum-min, Chief Executive Officer and Executive Director of HKHS, attended the event and joined in the games, sharing in the festive spirit. In his speech, Mr Wong said, “In recent years, Towngas and HKHS have worked closely on numerous community projects, achieving many encouraging successes. This year’s theme relates to food, which is one of Towngas’s strengths. We hope to encourage our elderly friends to eat healthily and live nutritiously.” Mr Chan added, “HKHS is delighted to collaborate with Towngas. Through the efforts of our two excellent volunteer teams, we’re spreading the concepts of ‘warmth’ and ‘neighbourliness’. We look forward to continuing our partnership in elderly care and promoting community harmony and inclusion.” Concurrently, Towngas’ “Mooncakes for the Community” programme, which began in 2001, continues to spread warmth by distributing mooncakes to those in need, including the elderly, underprivileged families, and individuals with disabilities. On 7 September, the Towngas Volunteer Service Team and the Water Supplies Department Volunteer Team participated in the “Passing on Love in Sham Shui Po” home visit programme organised by the Neighbourhood Advice-Action Council, delivering care packages and festival greetings to elderly singleton, elderly doubleton, or all-elderly households in Shek Kip Mei Estate. This year, Towngas has joined forces with Legislative Council members, District Councillors, charities and community organisations to distribute over 320,000 mooncakes, benefitting more than 150 charitable organisations and groups. Over the past two decades, Towngas has given out a total of over 3.61 million mooncakes through this initiative. - END - Press photos: Photo 1: Towngas and HKHS join hands again to host a Mid-Autumn Festival celebratory event at Kwun Lung Lau, an HKHS rental estate, encouraging participants to focus on healthy eating and eco-friendly celebrations. Photo 2: Mr Peter Wong Wai-yee (3rd from right), Managing Director of Towngas, and Mr James Chan Yum-min (3rd from left), Chief Executive Officer and Executive Director of HKHS, attend the event and pose for a group photo with guests. Photo 3: Mr Peter Wong Wai-yee (3rd from right), Managing Director of Towngas, and Mr James Chan Yum-min (2nd from left), Chief Executive Officer and Executive Director of HKHS, participate in booth games with Kwun Lung Lau residents to promote healthy eating habits. Photo 4: Residents from HKHS’s Lok Man Sun Chuen deliver an impressive intergenerational dance performance: “Dancing Inside Out”. Photo 5: Celebrity guests join volunteers in singing nostalgic classics. Photos 6 and 7: Residents eagerly engage with volunteers in booth games, enjoying the festive atmosphere. Photo 8: The Towngas Volunteer Service Team presents mooncakes and gift bags to participating elderly, wishing them a happy Mid-Autumn Festival. Photo 9: The Towngas Volunteer Service Team collaborates with the Water Supplies Department Volunteer Team to visit elderly singleton and doubleton households in Shek Kip Mei Estate. Mr Roger Wong Yan-lok (2nd from left), Director of Water Supplies, and Mr Felix Lee Kin-ming (1st from left), Head of Group ESG / Head of Group Corporate Affairs of Towngas, present a festive gift pack to an elderly woman. For media enquiries, please contact: The Hong Kong and China Gas Company Limited Ms Judy Chan General Manager – Group Corporate Affairs Tel: 2963 3486 Email: cad@towngas.com
- September 18, 2024Business
Breakthrough in the electrification of commercial vehicles: CATL Unveils Revolutionary TECTRANS Battery System
At IAA Transportation 2024, Contemporary Amperex Technology Co., Limited (CATL), the global leader in new energy technology innovations, launched its groundbreaking TECTRANS battery system, revolutionizing the commercial transportation sector. TECTRANS represents a quantum leap in battery technology for commercial vehicles, offering unprecedented energy density, faster charging capabilities, and enhanced durability. This innovative system is poised to transform the electric commercial vehicle landscape, providing fleet operators with extended range, reduced downtime, optimized cost-effectiveness, and improved overall efficiency. Unmatched Energy Density, Fast Charge and Lifespan: The Future of Electric Trucks and Buses For heavy-duty trucks, CATL introduces two groundbreaking products: the TECTRANS - T Superfast Charging Edition and the TECTRANS - T Long Life Edition. The Superfast Charging Edition features a remarkable 4C peak charging rate, allowing for a 70% charge in just 15 minutes. This rapid charging capability minimizes vehicle downtime and maximizes operational efficiency for fleet operators. The TECTRANS - T Long Life Edition sets a new industry benchmark with an exceptional lifespan of up to 15 years or 2.8 million kilometers. This durability is crucial for the demanding nature of commercial operations, particularly in high-frequency, energy-intensive scenarios such as port operations and bulk transportation. Both truck editions offer impressive driving ranges of up to 500 kilometers, catering to various operational needs from short-haul port deliveries to long-distance transportation. The CATL TECTRANS - Bus Edition is a cutting-edge battery solution for long-distance passenger transport, featuring an industry-leading energy density of 175Wh/kg, the highest for LFP chemistry used in bus applications. Its compact design offers long-range capabilities and low energy consumption, enhancing vehicle layout flexibility. The advanced thermal management system maintains optimal performance across various climates, reducing internal temperature disparity by 50% and ensuring longevity even in extreme conditions. In July of this year, CATL launched its light truck solutions in China, expanding the TECTRANS portfolio to cover a wider range of commercial vehicle applications. These solutions offer enhanced energy density and fast-charging capabilities, addressing the unique needs of urban delivery and last-mile logistics. Akin Li, Executive President of CATL Overseas Business, highlighted the exceptional reliability of CATL batteries in various challenging environments: "Our batteries have proven their reliability and performance in extreme conditions, from operating in temperatures above 45°C in Qatar and Dubai to withstanding -35°C in Arctic countries like Norway and Sweden. The launch of the TECTRANS and the product lines demonstrates our unwavering commitment to driving energy transition through continuous innovation." Advanced technologies Drive the Electricfication of Commercial Vehicles The main concerns facing the commercial vehicle industry in its shift towards electrification are recharging time, cost and range. TECTRANS is set to create value for more commercial fleets by incorporating several cutting-edge technologies that contribute to its superior performance in high energy density, fast charging capabilities, and extended cycle life. • For buses and coaches, employing high-energy, high-press density cathode design at the micro level significantly improves energy density, while a U-shaped seal and a zero-draft angle structural innovation result in a 22% increase in volumetric energy density compared with the previous generation. • Also for buses and coaches, the electrolyte features a groundbreaking additive molecular design and precise film-forming capability, resulting in ultra-stable interfaces and significantly improving cell service life. • For TECTRANS - T superfast charging edition, to tackle the complex temperature difference within the battery pack, an exquisitely crafted flow channel system achieves precise control over various thermal zones, successfully halving the internal temperature disparity. • The long service life for heavy-duty truck batteries is achieved in various aspects. The surface of anode materials is modified to improve reactivity and further suppress side reactions, thereby facilitating transmission of lithium ions and achieving a lifespan extension of over 20% for the battery. For cathode materials, CATL has integrated high-structural-stability active materials with lithium-rich materials, enhancing not only energy density but cycle stability. "As the global industry leader, CATL is committed to pushing the boundaries of what's possible in electric transportation," said Akin Li, Executive President of CATL Overseas Business. "TECTRANS is the culmination of our extensive R&D efforts and represents a significant step forward in commercial vehicle electrification. We're excited to showcase this technology at IAA Transportation and demonstrate how it will accelerate the global transition to sustainable transport." Sustainable Electrification of Road Transportation At this year's IAA Transportation, CATL shows a wide range of cells and packs tailored for different application scenarios, including trucks, buses, ships, and construction machinery. While providing safe, reliable and cost-effective products and services to customers to support global climate ambition, CATL is also committed to sustainable practices throughout the battery lifecycle. It aspires to reach net zero in battery manufacturing operations by 2025 and across the battery supply chain by 2035. These milestones will help reduce more than 40% of emissions during the lifespan of an electric vehicle. So far CATL has achieved carbon neutrality in nine factories. The company has established seven major recycling industry hubs globally, with its subsidiary Brunp Recycling achieving a recovery rate of over 99.6% for nickel, cobalt and manganese, and 91% for lithium. With a capacity to process 270,000 tons of used batteries annually, CATL is paving the way for batteries made entirely from recycled materials, significantly reducing the need for new mining operations.
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