Monday 31 August 2020

BNETWORKS-YANOLJA PARTNERSHIP EXPANDS HOTEL TECHNOLOGY SOLUTIONS TO SOUTHEAST ASIA



KUALA LUMPUR, Aug 26 (Bernama) -- 
South Korea’s Yanolja, a global top leisure platform, and Bnetworks, an incubatee of Technology Park Malaysia (TPM) Corporation, have established their partnership with a Strategic and Technology Development Agreement to expand its hotel solutions into the Southeast Asian market.

According to the terms of the deal, both companies will combine its respective technologies & hardware to roll-out IoT & AI driven automated room management systems (RMS). They will also work closely together in the promotion and sales of the solution to expand into markets in Southeast Asia, with a focus on Malaysia, Philippines and Singapore for now.

Yanolja is the largest online travel agency and the only unicorn travel-related company in South Korea. The company is also now the world’s number one in the cloud-based property management system market, following its acquisition of eZee in 2019. Its Y FLUX solution addresses pain points in the hospitality industry with its fully integrated and automated features such as mobile concierge, room service by robots, vending machines for amenities and more. 

“Previously, hotels managed different datasets for different services, so real-time data sharing and integrated data management were difficult. Y FLUX RMS is a leading cloud-based technology that organically and seamlessly connects data across all services provided by hotels. We will introduce optimum technologies for local hotels and bring innovation to the Southeast Asian hospitality industry through the partnership with Bnetworks, a leader of IoT technologies in the region,” said Jongyoon Kim, CEO of Online Business and Corporate Strategy at Yanolja.  

http://mrem.bernama.com/viewsm.php?idm=38012


Sunday 30 August 2020

DCG new subsidiary to provide capital, advisory services for digital asset mining ecosystem

KUALA LUMPUR, Aug 28 -- Digital Currency Group (DCG) has announced a new wholly-owned subsidiary, Foundry, which will provide capital and advisory services to empower the digital asset mining ecosystem.

DCG has committed to investing over US$100 million into Foundry through 2021. For the first time, miners and manufacturers can access trusted partners and capital resources through the powerful DCG network (US$1 = RM4.171).

Foundry offers institutional expertise, capital, and market intelligence to digital asset miners and manufacturers, providing them with the resources to build, maintain, and secure decentralised networks. 

According to a statement, Mike Colyer, a former Core Scientific executive, was tapped to be Foundry’s chief executive officer.

Foundry currently offers three services for the mining ecosystem: equipment financing and procurement; mining and staking; and consulting and advisory services.

It is focused on partnering with key players in the mining and staking industry with the goal of creating greater access to digital asset mining, decentralising geographic opportunity, and bringing more legitimacy and transparency to the bitcoin mining ecosystem.

Based in New York City, DCG is a global enterprise that builds, buys, and invests in blockchain companies. It is also an investor in more than 160 companies worldwide. More details at dcg.co.

-- BERNAMA

Saturday 29 August 2020

Dr Akinwumi Adesina re-elected as African Development Bank Group president

KUALA LUMPUR, Aug 28 -- Dr Akinwumi A. Adesina was re-elected to serve a second five-year term as president of the African Development Bank Group by the board of governors of the bank.

According to a statement, he was first elected as president of the bank on May 28, 2015.

As newly re-elected president, Dr Adesina, a former Nigerian Minister of Agriculture, will begin his new term on this Sept 1.

The election result, which gave him 100 per cent of votes of all regional and non-regional members of the Bank, was announced by the chairperson of the board of governors of the bank, Niale Kaba, Minister of National Planning of Côte d’Ivoire.

Adesina's first term focused on the bold new agenda for the bank group based on five development priorities known as the High 5s -- Light up and Power Africa; Feed Africa; Industrialise Africa; Integrate Africa; and Improve the Quality of Life for the People of Africa.

The bank has maintained its AAA-ratings by all major global credit rating agencies for five years in a row.

The board of governors of the bank group approved a 125 per cent increase in the general capital of the bank, raising its capital from US$93 billion to US$208 billion, the largest in the history of the bank (US$1 = RM4.171).

Under his leadership, the African Development Bank’s board of directors approved a US$10 billion facility to support African countries to address the COVID-19 pandemic.

The bank also launched a US$3 billion COVID-19 social bond on the global capital markets, the highest US dollar-denominated social bond ever in world history, which is listed on the London Stock Exchange, Luxembourg Stock Exchange and NASDAQ.

-- BERNAMA

KPS EARNINGS SLIDE IN 2Q20 DESPITE 39% GROWTH IN REVENUE DUE TO IMPACT OF COVID-19 AND IMPAIRMENT LOSS

• Disrupted supply and weaker demand affected manufacturing business, with heavy expenses thinning operating profits

• Impairment loss recognised on asset held for disposal and investment property

• Long-term business strategy and value creation plans expected to leap Group prospect beyond 2020.


SHAH ALAM, Aug 28 (Bernama) -- Kumpulan Perangsang Selangor Berhad (“KPS” or “the Company” or “the Group”, Bursa: 5843; Bloomberg: KUPS MK; Reuters: KPSB.KL) today reported a 39% year-on-year (“YoY”) growth in revenue to RM221.5 million for the quarter ended 30 June 2020 with the recognition of Toyoplas Manufacturing (Malaysia) Sdn Bhd’s (“Toyoplas”) contribution in the second quarter this year. However, COVID-19 has put a damper on the performance of KPS’ manufacturing business which saw a decline in capacity utilisation of its packaging, plastic injection moulding and mattress manufacturing plants. With expenses far exceeding the gross profits and lower share of profit from the associates, compounded by RM7.9 million impairment loss which was recognised on investment property and asset held for disposal, the Group recorded an operating loss of RM1.6 million. Consequently, the Group posted a reverse in earnings in the second quarter, registering RM11.4 million Loss Attributable to the Owners of the Parent. 

HIGHLIGHTS FOR THE QUARTER ENDED 30 JUNE 2020 

Financial and Business Performance

Manufacturing business recorded 62% revenue growth YoY, contributing RM177.9 million to the Group’s revenue as compared to RM109.7 million in the corresponding quarter last year. At RM177.9 million, the manufacturing businesses that comprise Toyoplas, Century Bond Bhd (“CBB”), CPI (Penang) Sdn Bhd (“CPI”) and King Koil Manufacturing West LLC (”KKMW”), contributed 80% to the Group’s revenue. During the quarter under review, the global pandemic had subject KPS’ manufacturing business in the China, Malaysia and the United States of America (“the US”) to a temporary halt in operation at the advent stage of the outbreak in response to the movement control orders (“MCO”) in the respective localities. Disrupted supply chain delayed deliveries of some input materials and restricted production capacity while order volume for several core products turned lethargic as demand weakened due in part to the customers’ production suspension. 

Toyoplas led the revenue contribution to RM87.8 million. This was followed by CBB, contributing RM44.1 million, lower than that in the corresponding quarter in the previous year by RM3.7 million, on lower traction from the paper, carton, and plastics divisions. The offset division partly made up for the moderation in sales in the other divisions. CPI contributed RM33.9 million, also lower than what posted in the corresponding quarter last year by RM8.7 million. CPI’s revenue decline was felt across automotive, healthcare and communication & IT business segments except in other segment whose increase was supported by a new customer and steady orders from existing customers. KKMW contributed the remaining revenue of RM12.1 million, lower than that in the corresponding period last year by RM7.1 million, mostly due to state lockdown in California and Arizona for from late-March until mid-May 2020. 

http://mrem.bernama.com/viewsm.php?idm=38028

Thursday 27 August 2020

Pulse Secure announces Network Access Control solution new features

KUALA LUMPUR, Aug 26 -- Pulse Secure has announced new features to its Network Access Control (NAC) solution, Pulse Policy Secure (PPS) to enhance endpoint and IoT device visibility, compliance, remediation and threat response.

This is in line with organisations embracing expanded remote work flexibility with employees and their devices returning to a hybrid workplace, according to a statement.

Available separately or as part of Pulse Access Suite Plus, PPS is an enterprise-class NAC solution that is easy to deploy, manage and scale.

The update release includes over 30 new features and enhancements such as support for additional endpoint detection and response (EDR) and IoT / OT vendors including McAfee and Nozomi.

According to a recent market report by IDC, NAC is a mainstream market forecasted to grow 10.7 per cent reaching US$1.9 billion by 2024. (US$1 = RM4.168)

In this report, Pulse Secure ranked among the top three hybrid NAC vendors by global market share. The report’s ‘Who Shaped the Year’ section highlights Pulse Secure’s capabilities.

“The latest release of Pulse Secure NAC continues to advance our deployment, usability and threat response capabilities while delivering enterprise-class functionality,” said Pulse Secure director of portfolio solutions, Ganesh Nakhawa.

Pulse Secure offers a portfolio of Secure Access solutions that provide exceptional usability, visibility and Zero Trust policy orchestration to enable seamless, compliant user and device access to applications and resources across distributed network and cloud environments.

-- BERNAMA

Wednesday 26 August 2020

YOUTHS FINANCIAL ANXIETY ADDRESSED THROUGH BASIC FINANCIAL LITERACY EDUCATION


KUALA LUMPUR, Aug 21 (Bernama) -- In the Council’s efforts to help youth’s in Malaysia acquire financial literacy especially during this Covid-19 pandemic, the Council’s My Money and Me programme, is being organised virtually through a multi-stakeholder approach. Our collaborators include the Securities Commission Malaysia, CGS-CIMB, Federation of Investment Managers Malaysia, Inland Revenue Board, Agensi Kaunseling & Pengurusan Kredit and Bursa Malaysia Islamic. Central to MFPC’s existence is collaboration, allowing the Council to map a way forward to fund these programmes. The Council is extremely pleased that this programme has the endorsement of the regulators and the support of Malaysia’s Ministry of Youth and Sports. In addition, the Financial Education Network (FEN) recognises the programme as one of the initiatives of the Government’s five-year financial literacy strategy. The slightly over 4-hour programme will enable prospective youths to be equipped with basic literacy knowledge.
 
The core objective of the programme is to help youths make better financial decisions, as data indicates youths in Malaysia lacks successful money management knowledge. MFPC is convinced that a course on managing personal finance will help improve their literacy levels and induce their confidence level. Importantly financial behaviour changes will be the only determinant for youths to experience financial well-being. The number of Youths in Malaysia is 13.9 million representing 45.8% of the total population and hence their money management ability will be an important factor of uplifting their quality of life.

http://mrem.bernama.com/viewsm.php?idm=37967

Stonepeak, Digital Edge partner on diversified Asia Pacific data centre platform formation

KUALA LUMPUR, Aug 25 -- Stonepeak Infrastructure Partners (Stonepeak) and a group of seasoned senior executives have formed a diversified, independent data centre platform, Digital Edge, with a focus on acquiring and developing carrier-neutral data centres and related digital infrastructure assets across the Asia Pacific region.

According to a statement, Stonepeak, its investors and the Digital Edge management team have made a US$1 billion equity capital commitment to the platform. (US$1 = RM4.168)

The platform is led by Digital Edge's Chief Executive Officer, Samuel Lee – who previously served as President of Equinix’s Asia Pacific business – and several individuals from his prior senior team at Equinix.

They are joined by senior executives Jay Park, formerly with Facebook; John Freeman, formerly with Tata Communications; and Jonathan Walbridge, formerly with Macquarie.

Based in Singapore, Digital Edge aims to deliver innovative data centre and interconnect solutions in order to make customer deployments easy in complex, evolving environments.

Stonepeak has been an active investor in digital infrastructure, with multiple investments across the data centre, fibre and wireless space.

Earlier this year, Stonepeak announced the acquisition of Xplornet Communications, the leading provider of broadband connectivity in rural Canada. Over the past three years, the firm has established a presence in Asia Pacific and has been active in infrastructure investments across multiple sectors.

-- BERNAMA


REVEZ PARTNERSHIP EXPANDS STELLAR CYBER WORLD'S FIRST AI/ML CYBERSECURITY PLATFORM IN ASIA-PACIFIC

World’s first Open XDR Platform Brings Next-Generation SOC Value to REVEZ Customers

SINGAPORE, Aug 25 (Bernama-BUSINESS WIRE) -- Stellar Cyber, the only cohesive security AI/ML platform that delivers maximum protection, today announced that REVEZ Corporation Ltd., a major technology Company based in Singapore, has selected the Stellar Cyber platform to provide comprehensive cybersecurity for its customers to increase productivity while enabling lower traditional operational costs. Stellar Cyber makes the world’s first and only Open eXtended Detection and Response (XDR) platform, a new Security Operations Center (SOC) concept that ensures security throughout the kill chain while accepting inputs from other existing cybersecurity solutions, and slashes operations costs by the adoption of artificial intelligence and machine learning engines and boosting analyst performance with an easy-to-use security dashboard.

“The breadth of Stellar Cyber’s offering, including UEBA, NTA, NG-SIEM and automated response, and their ability to integrate with any endpoint detection and response (EDR) platform makes it the first Open XDR system I am aware of,” said Zeus Kerravala, Principal Analyst for ZK Research.

REVEZ operates REVEZ Hub, which provides a one-stop source of business services involving all aspects of information technology with proven track records across the Asia-Pacific region.

“With REVEZ’s breadth of customers and channel proposition, we are excited and looking forward to introduce and replicate the benefits many of Stellar Cyber’s growing global customers, including EBSCO and CyFlare amongst others, have experienced after deployment where they have seen a significant improvement to their Security Operations whilst the ability for them to reduce their day to day and annual cyber security operational expenditure,” said Victor Neo, Group CEO of REVEZ Corporation Ltd. “Stellar Cyber’s Open XDR approach allows us to complement customers’ existing security solutions and improve their performance by correlating all data in one data lake and analyzing threats throughout the cyber kill chain.”

“Our strategic partnership with REVEZ opens up a host of new opportunities,” said Changming Liu, CEO at Stellar Cyber. “We look forward to close cooperation as REVEZ brings the advantages of Open XDR to organizations throughout the Asia-Pacific region.”


http://mrem.bernama.com/viewsm.php?idm=37995

JF TECH POSTS ITS BEST ANNUAL REVENUE AND NET PROFIT IN THE GROUP'S HISTORY

 Turnover and net profit hit RM27 million and RM8 million respectively for the first time

 
KOTA DAMANSARA, Aug 25 (Bernama) -- Leading innovator and manufacturer of high performance test contacting solutions for global integrated circuit (“IC”) makers, JF Technology Berhad (“JF Tech” or the “Group”) (“杰冯科技”), announced its fourth quarter (“4QFY20”) and full year (“FY20”) financial results today for the period ended 30 June 2020.  
 
For the full year, JF Tech posted its best-ever turnover of RM26.8 million in FY20. This represented an increase of RM3.8 million or 16.5% year-on-year (“YoY”) from RM23.0 million in FY19. The improvement was mainly driven by the robust demand from its customers. 
 
More remarkably, the Group’s record revenue performance also translated into a stellar profit after tax and non-controlling interest (“PATNCI” or “net profit”) of RM8.0 million in FY20, surging RM5.0 million or 165.8% YoY from RM3.0 million in FY19. The Group’s net profit broke the RM8 million-mark for the first time. The larger-than-proportionate growth stemmed from lower operating expenses, absence of legal fees incurred in the preceding year, as well as gain in foreign exchange due to the strengthening of US dollar (“USD”) against Ringgit Malaysia (“RM”).

Tuesday 25 August 2020

Finterra Global Plantations Enters Into A Joint Venture With United Paulownia Plantation Sdn Bhd





KUALA LUMPUR, Malaysia, Aug 24 (Bernama) 
-- Finterra Global Plantations has announced its joint venture with United Paulownia Plantation Sdn Bhd (“UPP”), a subsidiary company of Green Afforestation International Network (Gain Green). The focus of the joint venture is on the sustainable afforestation sector and will see more than a 150,000 Paulownia trees being planted over the next 6 months in Kedah on a 500 acres land.

The announcement was made by Finterra Global Plantation’s CEO, Satesh Khemlani, according to whom, “ Gain Green after years of R&D, has come up with a Paulownia selected variety which has the ability to grow in tropical climates and be ready for harvest in a short period of just 40 months”. In doing so, “with the joint venture project with UPP, we will be able to meet the demands of the timber industry since the wood has been developed not only to grow fast, but to have characteristics and features that are highly desirable to the timber industry both locally and internationally”. In the first phase, Finterra Global Plantations together with UPP, will be planting the Paulownia tree on 500 acres and this will be scaled up to 5000 acres by 2022.
 
The Paulownia timber wood is a light, yet hardwood with numerous applications and is used for plywood, furniture, decking, doors, wood shavings and many other uses. It is able to absorb ten times more carbon dioxide while also producing ten times more oxygen as compared to other trees. In this way Finterra Global Plantation together with UPP will also contribute to reducing carbon footprint and do their part in helping the government’s initiative of planting one million tree in the next ten years. Finterra will be playing a strong part in accelerating afforestation of sites which lay barren or are deforested with the quick growing Paulownia species and will be supporting the UN Sustainable Development Goals for environment. Finterra is known for its role for developing Waqf. This project will bring Finterra’s Waqf asset development knowhow to large scale sustainable land development with impact investing.
 
This venture marks a new beginning for Finterra, which has its eyes set on sustainable yet profitable green ventures. CEO, Satesh Khemlani also mentioned that Finterra is evolving and looking at other sustainable development projects which benefit the environment and calls upon landowners who sit on large parcels of land to become partners with Finterra in exploring opportunities of embarking on environmentally sustainable projects on their land. This new area of business will be an addition to its current business which is providing a blockchain based technology solution for crowdfunding, transparency, and traceability. Finterra will be utilizing the blockchain to monitor the development of its plantations.
 
For further information, please visit www.finterraventures.com or contact our Marketing Team at support@finterra.org

SOURCE: Finterra Global Plantations

http://mrem.bernama.com/viewsm.php?idm=37979

Saturday 22 August 2020

CLEVERTAP NAMES ABHISHEK GUPTA AS CHIEF CUSTOMER OFFICER




SaaS Professional Services Veteran to Spearhead Seamless Onboarding and Create Customer Delight

MOUNTAIN VIEW, Calif., Aug 21 (Bernama-BUSINESS WIRE) -- CleverTap, the leading AI-powered customer lifecycle and user retention platform, today announced the appointment of Abhishek Gupta as Chief Customer Success Officer. Mr. Gupta brings over 18 years of SaaS and customer success experience which he will apply toward accelerating CleverTap’s momentum as a leading provider of customer engagement and retention solutions in the competitive mobile marketing technology landscape.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200820005124/en/

“As a customer-first organization, investing in growth of our customer success team is of paramount importance,” said Sunil Thomas, co-founder and CEO, CleverTap. “Abhishek has extensive experience in customer success and a proven track record of building teams and processes that allow companies to get the most value from their SaaS investment. We’re thrilled to have him at CleverTap, and I personally look forward to him adding to the success of our high-performing Customer Success team.”

Mr. Gupta is a seasoned business leader and has led a number of SaaS and Internet businesses with an immense focus on customer success and thereby building high-growth businesses. Prior to CleverTap, Gupta led the customer success and professional services teams in Asia for Sprinklr, a leading Customer Experience Management company, where he enabled digital transformation across marketing, advertising, research, care, and engagement for a number of prestigious global and regional brands. As Chief Operating Officer for portfolio companies at Trilogy, Gupta led operations for a group of organic and acquired businesses in areas of application development platforms, functional process automation solutions, and productivity tools. Mr. Gupta holds an MBA from IIM Bangalore and a degree in B.Tech in Computer Sc and Engg from IIT (BHU).

Gupta’s appointment is part of CleverTap’s continued growth strategy capitalizing on the completion of a $35M Series C funding round led by Tiger Global Management and Sequoia.

“As businesses continue to evolve in their adjustment to the global situation, it’s more important than ever to provide a human touch to technology,” said Abhishek Gupta, Chief Customer Officer at CleverTap. “We as a company are obsessed about creating strategic business value for CleverTap customers and enabling them to succeed in a rapidly changing digital landscape. I'm thrilled and privileged to join the CleverTap team to further strengthen and accelerate how global brands engage and retain their users.”

CleverTap helps digital-first brands maximize the value of their mobile apps by personalizing customer experiences using real-time behavioral data and predictive modeling. CleverTap is used daily by many of the world’s leading marketers, across multiple industries including food tech, finance, e-commerce, media/entertainment, travel, ticketing, and transportation. Over 8,000 mobile apps from companies including Gojek, Disney+ Hotstar, Discovery Kids, Sony, Vodafone, Carousell, and Cleartrip are currently optimized using CleverTap, driving over $2 billion in incremental revenue. The platform reaches more than one billion mobile devices.


http://mrem.bernama.com/viewsm.php?idm=37972

ADM announces proposed secondary block trade of Wilmar ordinary shares

 KUALA LUMPUR, Aug 21 -- ADM has announced that its wholly-owned subsidiaries ADM Ag Holding Limited (ADM Ag) and Archer Daniels Midland Asia-Pacific Limited propose to sell ordinary shares of Wilmar (the Shares) for an aggregate purchase price of approximately US$500 million. (US$1 = RM4.175)

According to a statement, this is pursuant to a secondary block trade agreement with a syndicate of managers (the Block Trade Agreement, and such sale, the Block Trade).
 


The Shares to be sold pursuant to the Block Trade Agreement are being offered and sold in offshore transactions, in reliance on Regulation S (Regulation S) under the Securities Act of 1933.

ADM expects to use the net proceeds from the Block Trade for general corporate purposes, which may include, without limitation, meeting working capital requirements, funding capital expenditures and possible acquisitions of, or investments in, businesses and assets, and acquiring outstanding shares of ADM common stock.

In the same statement, ADM also announced that ADM Ag proposes to conduct an offering (the Offering) of about US$300 million aggregate principal amount of Zero Coupon Exchangeable Bonds (the Bonds) outside of the United States to non-US persons, in reliance on Regulation S.

The net proceeds from the Offering will be used for general corporate purposes - same as the Block Trade net proceeds - as well as repaying indebtedness originally incurred for the general corporate purposes.

ADM expects that it will retain at least 20 per cent of the equity interest in Wilmar after giving effect to the Offering, including any subsequent exchange of Bonds and the Block Trade.

ADM can offer no assurance that the Offering or the Block Trade will be consummated. The completion of the Block Trade is not conditioned upon the closing of the Offering.

-- BERNAMA

Christoph Knaack is Preqin Chief Strategy Officer

 KUALA LUMPUR, Aug 21 -- Preqin, the alternative assets industry’s foremost provider of data, tools, and analytics, has announced the appointment of Christoph Knaack as Chief Strategy Officer.


As the organisation’s first to fulfil this role, Knaack will oversee Preqin’s corporate strategy and business development, as well as sit on its Executive Committee.

Before joining Preqin, he held several investment roles, most recently as a hedge fund investor at Davidson Kempner in London.

According to a statement, prior to moving to hedge funds, Knaack worked in the private equity team at Kohlberg Kravis Roberts, beginning his career in investment banking at Morgan Stanley.

Preqin’s newly-minted Chief Strategy Officer holds an MSc in Finance from HEC Paris, and a BSc in International Business Administration from the Rotterdam School of Management.

“We are thrilled to have Christoph join the team. As we look to develop our products and services in the coming years, his analytical mindset and industry experience will be invaluable,” said Preqin Chief Executive Officer, Mark O’Hare.

Knaack joined Preqin’s London office in late July, managing a global team of analysts and strategists.

-- BERNAMA

AMINCOME PLUS AND AMDYNAMIC# BOND SELECTED AGAIN AS FSMONE RECOMMENDED UNIT TRUSTS

KUALA LUMPUR, Aug 18 (Bernama) -- Two of AmInvest’s unit trust funds have been picked again in this year’s FSMOne Recommended Unit Trusts Awards 2020/21 (“Recommended Unit Trusts Awards”)1 for their consistent performance among peers within their respective categories. AmIncome Plus was listed as the recommended unit trust fund under the Fixed Income-Malaysia (Short Duration) category for the seventh consecutive year, whereas AmDynamic# Bond topped the Fixed Income-Malaysia with Foreign Exposure category for the fifth year running.2

 
The Recommended Unit Trusts Awards by FSMOne Malaysia assist investors to shortlist consistently performing unit trust funds amongst their peers. FSMOne Malaysia is the online distribution arm of iFAST Capital Sdn Bhd for unit trusts, insurance, bonds and managed portfolios.
 
For the Recommended Unit Trusts Awards, unit trust funds with a track record of at least three years (as at end March 2020) were considered and the returns of these funds were then compared against benchmarks and peers within similar sectors and regions. The methodology for fund assessment was based on a combination of quantitative and qualitative factors. The quantitative factors considered were historical performances, expense ratio and risk. Meanwhile, qualitative factors that were used as barometers to determine the winners in each category included the fund house’s investment philosophy and consistency in their investment approach.
 
“Our fixed income team’s foresight and ability to apply a defensive investment strategy coupled with our robust investment processes in place were key in helping deliver positive returns for these funds during uncertain market conditions,” said Ms. Goh Wee Peng, Chief Executive Officer of AmInvest.
 
AmIncome Plus, which is the recommended unit trust fund under the Fixed Income – Malaysia (Short Duration) category, is suitable for investors who want to invest the cash portion of their investment portfolio for the potential to reap regular income. For the one-year period up to end March 2020, the fund posted a one-year total return (a measure of the fund’s performance comprising income distribution and capital gains) of around 4.2% and about 12.6% over a three-year period.3
 
AmDynamic# Bond, the recommended unit trust fund under the Fixed Income – Malaysia with Foreign Exposure category, registered a one-year total return of around 7.4% and a return of about 20.8% over three years up to end March 2020.3 This medium to long-term bond fund employs an active management investment strategy that seeks to increase returns by capitalising on market views and timing decisions, as opposed to a buy-and-hold strategy. 
 
Since the start of the year, AmInvest has received awards for bond and sukuk fund performance. Recently, AmInvest took home the Best Bond Group – Malaysia Pension award at the Refinitiv Lipper Fund Awards 2020, Malaysia.4 Within the Shariah-compliant space, AmInvest was recognised as the Best Global Sukuk Fund Manager 2019 by Employees Provident Fund at the External Fund Managers Annual Awards 2020.5

http://mrem.bernama.com/viewsm.php?idm=37941

MasterControl releases Manufacturing Excellence™ solution globally to advance operations

KUALA LUMPUR, Aug 21 -- Software solutions provider, MasterControl has announced the global release of its newest solution, MasterControl Manufacturing Excellence™.

With Manufacturing Excellence, manufacturers can create dynamic connections between enterprise systems, data sources, processes and people for holistic view of production and quality data, according to a statement.

This integration extends a manufacturer’s digital edge to the shop floor and eliminates issues relating to data entry, data integrity and data visibility.

The MasterControl Manufacturing Excellence solution transforms manufacturers’ production records and processes so they’re paperless, errorless and frictionless.

With the addition of the solution to the suite of cloud-based MasterControl products, companies can now manage quality, validation, compliance and process applications throughout the entire product life cycle on a single, configurable platform with unmatched flexibility, performance and value.

MasterControl software is available in English, French, German, Italian, Spanish, Portuguese, Japanese, Korean, Traditional Chinese and Simplified Chinese.

Over 1,000 companies worldwide rely on MasterControl solutions to achieve new levels of operational excellence across product development, clinical trials, regulatory affairs, quality management, supply chain, manufacturing and postmarket surveillance.

For details, visit www.mastercontrol.com.

-- BERNAMA

Thursday 20 August 2020

Juniper Networks to provide AI-driven Wi-Fi solutions across Archdiocese of Brisbane's operations

KUALA LUMPUR, Aug 19 -- Juniper Networks, a leader in secure, AI-driven networks, has announced that the Archdiocese of Brisbane and Centacare has selected Juniper Access Points driven by Mist AI and Juniper Mist Cloud Services to upgrade the Wi-Fi experience across all of its operations.

This includes Outside School Hours Care within schools, kindergarten, long day care, worship centres and community services. 

The new AI-driven network will enable the Archdiocese of Brisbane and Centacare to create better mobile experiences for staff and guests, all while lowering the cost of wireless network deployment and operations through proactive actions, predictive recommendations and self-driving networks™.

Home to a congregation of over 700,000 across 77,000 plus square kilometers in South-East Queensland, the Archdiocese of Brisbane and Centacare operates mass centres, schools, family services sites and offices. 

The Archdiocese of Brisbane and Centacare provides help for those requiring support across areas including family relationships, disability, childcare, aged care, community services and pastoral through its community services sites. 

As such, fast and reliable networking connectivity is key for the Archdiocese of Brisbane and Centacare to be able to provide its essential community services across Brisbane, according to a statement.

By switching to Juniper, Wi-Fi deployments which previously required several days due to the requirements for manual access can now be remotely provisioned through the cloud almost immediately. 

-- BERNAMA

Halliburton awarded digital transformation project from Thailand’s PTTEP

KUALA LUMPUR, Aug 19  -- Halliburton has been awarded a contract to design and implement a series of digital transformation projects as part of PTTEP’s Advanced Production Excellence (APEX) Initiative.

PTTEP is a national petroleum exploration and production company in Thailand.

According to a statement, APEX will improve operational efficiency and production in four offshore fields: Arthit, Greater Bongkot South, Greater Bongkot North and the Myanmar Zawtika Field.

Landmark, a Halliburton business line, will deploy its DecisionSpace® Production Suite in the cloud to improve production operations from the subsurface to processing facilities.

The DecisionSpace® Enterprise Platform will integrate with Honeywell Forge, a powerful analytics software solution providing real-time data and visual intelligence, whereby PTTEP can implement more productive and efficient work processes.

Using advanced physics-based and data science models, the solution includes modeling of surface and subsurface components to manage and optimise operations from the wells to the point of delivery.

This includes short-term production planning and optimisation; flow assurance monitoring and control; sand production monitoring and control; condensate stabilisation optimisation; and, CO₂ membrane optimisation.

Halliburton is one of the world's largest providers of products and services to the energy industry. More details at www.halliburton.com.

-- BERNAMA

International CCS Knowledge Centre: Let's Be Clear, Petra Nova's Carbon Capture System Works

The following commentary by Beth (Hardy) Valiaho, B.A., LL.B, LL.M. is a statement on behalf of the International CCS Knowledge Centre.


It’s worth repeating - Petra Nova’s carbon capture system works

REGINA, Saskatchewan, Aug 19 (Bernama-GLOBE NEWSWIRE) -- The recent news that the carbon capture and storage (CCS) project at Petra Nova suspended its operations is concerning. As we try to advance CCS globally to see rapid and meaningful cuts in carbon dioxide (CO₂) emissions, any project that gets shut down at this point, particularly when they are capturing successfully, is a step backwards for CCS.

NRG’s & JX Nippon’s CCS initiative at Petra Nova, located in Texas, at the W.A. Parish Generating Station, was not only successful in its project delivery in 2016 (on time and on budget), and recipient of Power Engineering’s  Project of the Year (2017), but also had continued to operate successfully capturing 90% of CO₂ emissions - the equivalent of taking 350,000 cars off the road.ⁱ

So, the halt of CO₂ capture at Petra Nova is nothing short of disappointing.

It’s not helpful for the environment.
It’s not helpful for progress and innovation.

To limit global warming to 1.5°C, large-scale, emissions-intensive, industrial and power generation processes must be significantly decarbonized. To meet reductions of this magnitude there needs to be accelerated progress in the commercial-scale deployment of CCS across a wide variety of applications, including industrial processes, such as cement and steel; and power generation, such as coal and natural gas.

http://mrem.bernama.com/viewsm.php?idm=37952

Wednesday 19 August 2020

With 8x8 Communications APIs, Asian startups change customer experience game

KUALA LUMPUR, Aug 18 -- Leading integrated cloud communications platform, 8X8 Inc has announced Asian startups Janio Asia and Coda Payments are using 8x8 Communications Platform as a Service (CPaaS) to effectively reach out to customers anywhere.

8x8, through its Wavecell acquisition, recently launched CPaaS programmable applications, APIs and delivery capabilities beyond the Asia Pacific region to US and UK organisations.

Through its network of more than 160 top-tier carriers covering over 190 countries and territories, 8x8 CPaaS provides reliable, global delivery capabilities to organisations in North America, Europe, and the Asia Pacific Region.

“As we expand our CPaaS programmable applications and APIs beyond Asia Pacific, we are seeing strong traction, including many opportunities within our 8x8 Open Communications Platform customer base,” said 8x8 Managing Director & General Manager CPaaS, Olivier Gerhardt

He said Janio and Coda Payments were leading the way for how companies re-imagined the customer experience for a mobile-first world.

The 8x8 Open Communications Platform is the industry’s most complete portfolio of operate-from-anywhere enterprise communications, according to a statement.

It uniquely brings together the essential digital workplace elements required, combining voice, team chat, meetings, and contact centre solutions fuelled by shared intelligent communications services like AI-driven expert routing and predictive analytics. 

More details at www.8x8.com.

-- BERNAMA

Tuesday 18 August 2020

China’s Chongqing Liangjiang New Area heading towards open, smart region

KUALA LUMPUR, Aug 17 -- China’s Chongqing Liangjiang New Area is picking up pace in its drive toward an open and smart region, with an innovative online promotion live show launched recently.

The live show was held on over 10 media platforms and displayed a wide range of tourism products and creative cultural products from Liangjiang, attracting over 20 million views, according to a statement from Chongqing Liangjiang New Area Administrative Committee.

The live show is a government-led large-scale cultural tourism promotion activity that has drawn wide public participation.

Located at the junction of the Yangtze River and the Jialing River, Chongqing is a popular travel destination for home and abroad tourists, thanks to its three-dimensional urban landscape and unique cultural features.

Liangjiang New Area strives to build a smart city to help improve Chongqing's smart development, explore new paths of high-level opening-up, create a new engine of high-quality development, and bring fresh experiences of high-quality life to its citizens.

It has been pushing forward the integrated development of intelligent industry and traditional industry, facilitating the industry transformation and upgrading and building a sound modern industrial cluster. 

Liangjiang New Area is not only spearheading Chongqing's economic development, but also setting up an important strategic platform for Chongqing to take the lead in opening up and driving the opening-up in western China.

-- BERNAMA

Saturday 15 August 2020

FWD TAKAFUL EMPOWERS GRADUATE CAREERS WITH FIRST PROTEGE PROGRAMME

 


Initiative aims to develop future takaful industry leaders

KUALA LUMPUR, Aug 13 (Bernama) -- FWD Takaful Berhad ("FWD Takaful") is delighted to embark on its first Professional Training and Education for Growing Entrepreneurs programme ("PROTEGE") to develop, train and mentor graduates to become future industry leaders as part of its vision to change the way people feel about takaful.

PROTEGE was designed and developed with the aim of equipping Malaysian graduates with the necessary skills and experience to thrive in the takaful industry, with the following objectives: 
· Enhancing the employability of new graduates.
· Educating candidates especially those from the underprivileged families about the need for takaful and supporting them as they build a strong foundation in their knowledge of various functions in the takaful industry.
· Providing candidates with a meaningful training session and equipping them with Takaful Basic Examination (TBE) certification should they develop a passion to pursue a commission-based career in the Takaful industry after PROTEGE.

http://mrem.bernama.com/viewsm.php?idm=37918

Friday 14 August 2020

AMINVESTMENT BANK CLINCHES FOUR AWARDS AT THE 17TH ANNUAL RAM LEAGUE AWARDS 2020


KUALA LUMPUR, Aug 12 (Bernama) -- AmInvestment Bank Berhad (“AmInvestment Bank”) has clinched four awards at the 17th Annual RAM League Awards 2020 held on 16 July 2020 at RAM’s office, Kuala Lumpur recently. The RAM League Awards recognises outstanding accomplishments and leadership in the Malaysian bond market.
 
AmInvestment Bank placed joint second in the number of issues category and placed third in the programme value category for the Lead Manager Awards 2019 (Bonds and Sukuk). AmInvestment Bank also placed joint second in the number of issues and placed third in the programme value category and category for the Lead Manager Awards 2019 (Sukuk) respectively.
 
Commenting on the awards, Tracy Chen, Deputy Chief Executive Officer, AmInvestment Bank Berhad, said,” We are honoured to have received these awards from RAM in recognition of our continued leadership in the corporate bond and Sukuk market by consistently providing the best debt capital market solutions to our esteemed clients.”
 
“We pride ourselves on the unique services we offer to our clients and these awards are a further indication that our efforts are being recognised in the industry and our perseverance in maintaining our leadership in the Malaysian corporate bond and Sukuk market,” said Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group.

http://mrem.bernama.com/viewsm.php?idm=37908

WRP RECEIVES OFFERS FOR DISPOSAL OF EXCESS ASSETS




KUALA LUMPUR, Aug 12 (Bernama) -- WRP Asia Pacific Sdn Bhd (WRP) today announced that as part of its ongoing efforts to turnaround the company, it has received offers of interest for the disposal of 10 double former glove production lines that are situated in the Advanced Healthcare Products Sdn Bhd (AHP) premises in Senawang, Negeri Sembilan.
 
WRP's Special Counsel, Mathew Thomas Philip, shared that following a forensic audit ordered by the current Board of Directors which assumed control of operations of the company earlier this year, the production lines were identified as assets that were acquired by WRP from Sama Engineering Machines Sdn Bhd between 2010-2012 and installed at AHP’s premises under the direction of the previous management of the company.
 
Mathew Thomas Philip, who is also the Founder and Managing Partner of Thomas Philip, said, “WRP recognises the significant role that creditors have played in enabling the company to restart operations and participate in our long term goal of returning the company to profitability."
 
"Our efforts to monetise these recently unearthed dormant assets will enable us to expedite settlements with our creditors, especially given their patience and receptivity all along," he added.

http://mrem.bernama.com/viewsm.php?idm=37912

Crocus Technology newest CT220 offers multitude current sensing applications

KUALA LUMPUR, Aug 13 -- Crocus Technology Inc has unveiled a contactless current sensor, CT220, the newest member of Crocus’ current sensing product family joining the CT110 and CT100.

According to a statement, Crocus Technology is the leading supplier of disruptive XtremeSense™ Tunnel Magneto-Resistance (TMR) sensors.

The sensor offers high linearity, high-resolution, a wide dynamic range in a small form-factor targeted for multitude of current sensing applications.

The CT220 is powered by Crocus’s patented XtremeSense TMR 1D technology, detecting the slightest change in AC or DC current while maintaining a best-in-class 0.5 per cent typical total output error.

The CT220 is able to detect currents as low as 5 mA to over a thousand Amperes within a 1.5 mT to 15 mT operating magnetic field range.

“The coreless and contactless CT220 simply enables a multitude of applications including solar and power inverters, power supplies, battery management systems, white goods, industrial appliances and power distribution units,” said Crocus Technology President and Chief Executive Officer, Zack Deiri.

The CT220 is available in a 5-lead SOT23 package. Samples and evaluation boards are currently available, and it will be in production next month. More details on the product at http://www.crocus-technology.com

-- BERNAMA

Thursday 13 August 2020

BrandSafway Earns Record 30 AFPM Awards

 Refinery and plant crews honored with industry safety awards from American Fuel & Petrochemical Manufacturers association


Kennesaw, Georgia, USA, Aug 12 (Bernama-GLOBE NEWSWIRE) -
- Building on a commitment to safety excellence, 30 BrandSafway refinery and petrochemical plant site teams received Contractor Safety Achievement Awards from the American Fuel & Petrochemical Manufacturers (AFPM) association based on their outstanding safety records in 2019.

“I would like to thank our customers for partnering with us to improve safety at these jobsites as well as AFPM, an organization that shares our commitment to protecting the health and safety of everyone in our industry,” said Dave Witsken, BrandSafway Energy and Industrial Division president. “With our five pillars of safety and our data-driven jobsites, we can focus on leading indicators and behavioral-based observations to help drive our safety performance. Receiving this record number of safety awards shows our efforts are paying off.”

BrandSafway is receiving the honor for its 2019 safety efforts at the following project sites:


http://mrem.bernama.com/viewsm.php?idm=37906

Monday 10 August 2020

ZYNGA ENTERS INTO AGREEMENT TO ACQUIRE ISTANBUL-BASED ROLLIC, ONE OF THE FASTEST GROWING HYPER-CASUAL MOBILE GAME COMPANIES

 



  • Entry into One of the Largest and Fastest Growing Mobile Game Categories
  • Exciting Portfolio of Popular Hyper-Casual Games with more than 5 Million Mobile DAUs and 65 Million Mobile MAUs
  • Expands and Diversifies Zynga’s Advertising Business
  • Adds a Highly Talented Team and Extensive Network of External Developers
  • Acquisition Expected to Close on October 1, 2020
SAN FRANCISCO, Aug 6 (Bernama-BUSINESS WIRE) -- Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, today announced it has entered into an agreement to acquire Istanbul-based Rollic, a mobile games developer and publisher with an exciting portfolio of popular hyper-casual games that have been downloaded more than 250 million times. With this acquisition, Zynga enters the hyper-casual market – one of the largest and fastest growing gaming categories on mobile – and adds a highly talented team and an extensive network of external developers. Rollic will meaningfully increase our audience and grow our advertising business.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200805005030/en/
 
Founded in December 2018 by Burak Vardal, Deniz Basaran and Mehmet Can Yavuz, Rollic is a hyper-casual publisher and game developer based in Istanbul, Turkey. Eight of Rollic’s games have reached #1 or #2 top free downloaded games in the U.S. App Store, and their latest releases, Go Knots 3D and Tangle Master 3D, were the top two most downloaded games in the U.S. App Store in Q2 2020. Rollic’s titles currently have more than 5 million mobile daily active users (DAUs) and 65 million mobile monthly active users (MAUs).

“We are excited to expand into the hyper-casual category with the acquisition of Rollic, one of the fastest growing hyper-casual developers and publishers worldwide in 2020, led by an incredibly creative team,” said Frank Gibeau, Chief Executive Officer of Zynga. “With Rollic, we are meaningfully growing our audience, expanding and diversifying our global advertising business, and adding to our game pipeline and developer network. Zynga and Rollic are well-positioned to grow faster together.”

“The Rollic team is proud to be joining Zynga,” said Burak Vardal, founder and Chief Executive Officer of Rollic. “Our expertise in hyper-casual is a seamless fit for Zynga’s proficiency in product management, data science, ad monetization and world-class publishing. With Rollic’s robust slate of existing and new hyper-casual games joining Zynga’s portfolio, we look forward to advancing our collective mission to connect the world through games.”

Zynga will acquire 80% of Rollic for $168 million in cash. The final upfront transaction consideration will also include customary closing adjustments and is expected to close on October 1, 2020. Over the next three years, Zynga will acquire the remaining 20% in equal installments at valuations based on specific profitability goals.

Editor’s note:

Key art and broadcast assets available for use at the following link: https://bit.ly/ZyngaRollic

About Zynga Inc.

Zynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played Zynga’s franchises including CSR RacingTMEmpires & PuzzlesTMMerge Dragons!TMMerge Magic!TMToon Blast™, Toy Blast™, and Words With FriendsTM. Zynga’s games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the U.S., Canada, the U.K., Ireland, India, Turkey and Finland. For more information, visit www.zynga.com or follow Zynga on TwitterInstagramFacebook or the Zynga blog.

http://mrem.bernama.com/viewsm.php?idm=37872

Friday 7 August 2020

Zynga Announces Second Quarter 2020 Financial Results

SAN FRANCISCO, Aug 6 (Bernama-BUSINESS WIRE) -- Zynga Inc. (Nasdaq: ZNGA) today released financial results for its second quarter ended June 30, 2020 by posting management’s Q2 2020 Quarterly Earnings Letter to its Investor Relations website. Please see the attached Quarterly Earnings Letter or visit http://investor.zynga.com/financial-information/quarterly-results to access the letter.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20200805005297/en/

“We delivered tremendous results in Q2, achieving our highest quarterly revenue and bookings and generating Zynga’s best quarterly operating cash flow in more than eight years. We also executed our transformational acquisition of Peak and are now entering Q3 with eight forever franchises, adding significant scale to our live services foundation,” said Frank Gibeau, Chief Executive Officer of Zynga. “Additionally, we have entered into an agreement to acquire Istanbul-based Rollic, developer and publisher of a portfolio of popular hyper-casual games in one of the largest and fastest-growing mobile gaming categories.”

Zynga management will also host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today to discuss the company’s results. Questions may be asked on the call and Zynga will respond to as many questions as possible.

The conference call can be accessed at http://investor.zynga.com – a replay of which will be available through the website after the call – or via the below conference dial-in number:

• Toll-Free Dial-In Number: (800) 537-0745
• International Dial-In Number: (253) 237-1142
• Conference ID: 5769759

About Zynga Inc.

Zynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played Zynga’s franchises including CSR Racing™, Empires & Puzzles™, Merge Dragons!™, Merge Magic!™, Toon Blast™, Toy Blast™, and Words With Friends™. Zynga’s games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the U.S., Canada, U.K., Ireland, India, Turkey and Finland. For more information, visit www.zynga.com or follow Zynga on Twitter, Instagram, Facebook or the Zynga blog.

Forward Looking Statements

This press release contains forward-looking statements, relating to, among other things, guidance projections for full year 2020 revenue and bookings and the acquisition of Rollic. Forward-looking statements often include words such as “outlook,” “projected,” “planned,” “intends,” “will,” “anticipate,” “believe,” “target,” “expect,” and statements in the future tense are generally forward-looking. The achievement or success of the matters covered by such forward-looking statements involves significant risks, uncertainties, and assumptions. Undue reliance should not be placed on such forward-looking statements, which are based on information available to us on the date hereof. We assume no obligation to update such statements. More information about these risks, uncertainties, and assumptions is or will be described in greater detail in our public filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained by visiting our Investor Relations website at http://investor.zynga.com or the SEC’s website at www.sec.gov.

Editor’s Note

To download Zynga’s B-roll footage and key art for its games, please visit: https://bit.ly/ZyngaQ22020

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20200805005297/en/

Contact

Investor Relations:
Rebecca Lau
Investors@zynga.com

Press:
Sarah Ross
Sarah@zynga.com

Source : Zynga

http://mrem.bernama.com/viewsm.php?idm=37869

Thursday 6 August 2020

SOKA GAKKAI CALLS FOR ELIMINATION OF NUCLEAR WEAPONS, URGES RATIFICATION OF UN NUCLEAR BAN TREATY ON 75TH ANNIVERSARY OF ATOMIC BOMBING

TOKYO, Aug. 6, 2020 /Kyodo JBN-AsiaNet/ --  

On August 6, to commemorate the 75th anniversary of the atomic bombings of Hiroshima and Nagasaki, the Soka Gakkai Buddhist organization put out a statement calling for the elimination of nuclear weapons and the early entry into force of the Treaty on the Prohibition of Nuclear Weapons (TPNW).

The Soka Gakkai pledges to exert all efforts for the complete elimination of nuclear weapons and also urges the Japanese government to move toward participation in the TPNW, stating, "At this deeply significant juncture, the government of Japan, the only country to have suffered atomic bombings during war, should announce its readiness to consider participation in the TPNW, thus positively shaping the discourse on the elimination of nuclear weapons within the international community."

In the statement, Yoshiki Tanigawa, chair of the Soka Gakkai Council on Peace Issues, states, "In recent years, there are signs that a nuclear arms race among the nuclear-weapon states is again intensifying. At the same time, the global spread of the novel coronavirus has demonstrated that military force is incapable of resolving global challenges, compelling us to confront the question of what constitutes authentic security for human beings."

See full statement at https://www.sgi.org/in-focus/press-releases/75th-anniversary-hiroshima-and-nagasaki.html

On August 6 and 8 respectively, the Soka Gakkai in Hiroshima and Nagasaki will hold online meetings to listen to testimonies of hibakusha, the survivors of the atomic bombings. Over the past year, youth members in these areas have continued to collect testimonies of wartime experiences, including those of hibakusha, aiming to publish the latest volume this fall. The Soka Gakkai in Japan will also hold an online youth summit toward the renunciation of war in September.

At the global level, the SGI (Soka Gakkai International), with around 200 organizations of different faith backgrounds, including Buddhist, Christian, Hindu, Jain, Jewish, Muslim and indigenous traditions, has signed a Joint Interfaith Statement on the 75th Anniversary of the Atomic Bombings of Hiroshima and Nagasaki. The statement affirms that "the presence of even one nuclear weapon violates the core principles of our different faith traditions and threatens the unimaginable destruction of everything we hold dear." It lays out the environmental, health and economic consequences of a nuclear explosion and urges governments to ratify the TPNW. This is the twelfth such interfaith statement issued since 2014, supported by a growing number of faith groups.

Read the statement here: https://20561860-86b7-4801-a5d6-af3a3b4e6a59.filesusr.com/ugd/dca5da_26cbc5f57ae94e36a3394ff914d00893.pdf

The Soka Gakkai is a global Buddhist organization with 12 million members around the world that promotes peace, culture and education. The Soka Gakkai has worked toward the abolition of nuclear weapons for 60 years, since the Declaration Calling for the Abolition of Nuclear Weapons issued by second Soka Gakkai President Josei Toda on September 8, 1957.

Source: Soka Gakkai

Contact:
Joan Anderson
International Office of Public Information
Soka Gakkai
Tel: +81-80-5957-4711
E-mail: anderson[at]soka.jp
www.sgi.org 

--BERNAMA