TENDERWIZARD EMPOWERS TRANSFORMATION OF HOSPITAL PENGAJAR UNIVERSITI PUTRA MALAYSIA TENDERING SYSTEM EASING PROCUREMENT DURING PANDEMIC

TenderWizard Cloud Based e-Tendering System Promotes Digitalization Solution for The Healthcare Industry in line With Malaysia’s Digital Transformation Plan

​PETALING JAYA, June 28 (Bernama) -- Censof Holdings Berhad (“Censof”), a technology holdings company specialising in financial management software solutions announced the official partnership with Hospital Pengajar Universiti Putra Malaysia (HPUPM) to implement TenderWizard system for all their tendering and procurement processes, through its subsidiary, Century Software (M) Sdn Bhd (“CSM”). The partnership, which was piloted in February 2021 and is now at full integration, will see massive increase in the departments’ daily operations’ efficiencies and will provide win-win solutions to increase outcome and efficiency in tandem with Censof’s effort to drive digital transformation in the public sector.
 
TenderWizard, a software that runs on Telekom Malaysia's Cloud, is the latest system of its kind that offers end-to-end solution for all e-Tendering and e-Auction processes. It is an exclusive web-based government-to-business (G2B) or business-to-business (B2B) product for buying goods and services through quotations, tenders, reverse or forward auctions and supports selling and buying of goods through tender-cum-auction. TenderWizard can be used for all types of tendering, including works tendering processes.
 
The cost-effective solution comes integrated with a payment gateway (for vendor registration & sale of tender documents) and is designed with user-friendly features. The solution, which provides end-to-end solution is expected to improve the efficiency and effectiveness of any procurement process, resulting in speeding up the procurement cycle, as well as ensuring the transparency and integrity of the procurement process. This attainment is aligned with the country’s endeavours to progress towards digitalization.

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SYNCHRONOSS TECHNOLOGIES, INC. ANNOUNCES PRICING OF $100 MILLION PUBLIC OFFERING OF COMMON STOCK

BRIDGEWATER, N.J., June 28 (Bernama-GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of 38,461,538 shares of its common stock at a public offering price of $2.60 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses payable by Synchronoss, are expected to be $100 million. In addition, Synchronoss has granted the underwriters a 30-day option to purchase up to 3,846,154 additional shares of common stock at the public offering price, less the underwriting discounts and commissions.

All of the shares in the offering are being sold by Synchronoss. Synchronoss anticipates using the net proceeds from the offering, and from the offering of Senior Notes and sale of Series B Preferred Stock (each as described below), to fully redeem all outstanding shares of Synchronoss’ Series A Convertible Participating Perpetual Preferred Stock and repay amounts outstanding under Synchronoss’ revolving credit facility. The offering is expected to close on or about June 29, 2021, subject to satisfaction of customary closing conditions. 

B. Riley Securities, Inc. (“BRS”) is acting as the lead underwriter and sole book-running manager for the offering. Northland Capital Markets is acting as co-manager for the offering. 

Concurrently with the offering, the Company is offering, by means of a separate prospectus supplement, $120 million aggregate principal amount of senior notes due 2026 (the “Senior Notes”). In addition, B. Riley Principal Investments, LLC (“BRPI”), an affiliate of BRS, has entered into an agreement pursuant to which BRPI has agreed to purchase $75.0 million of the Company’s Series B Preferred Stock in a private transaction to be completed concurrently with the closing of the offering. 

The shares of common stock described above are being offered by Synchronoss pursuant to a shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on August 28, 2020. A preliminary prospectus supplement relating to and describing the terms of the offering is filed with the SEC and is available on the SEC’s web site at www.sec.gov. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC. Copies of the final prospectus supplement (when available) and accompanying prospectus relating to these securities may also be obtained by sending a request to: B. Riley Securities, Inc., at 1300 North 17th Street, Suite 1300, Arlington, VA 22209 or by calling (703) 312‐9580 or by emailing prospectuses@brileyfin.com. 

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. 

About Synchronoss 

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. 

Safe Harbor Statement 

This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including but not limited to statements regarding the closing of the public offering and the anticipated use of the proceeds thereof. These forward-looking statements are subject to a number of risks, including the satisfaction of customary closing conditions related to the public offering and the risk factors set forth from time to time in Synchronoss’ SEC filings, including but not limited to the risks that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections (as applicable) of Synchronoss’ Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the period ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. In addition to the risks described above and in Synchronoss’ other filings with the SEC, other unknown or unpredictable factors also could affect Synchronoss’ results. No forward-looking statements can be guaranteed and actual results may differ materially from such statements. The information in this release is provided only as of the date of this release, and Synchronoss undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. 

Media 

Diane Rose
CCgroup
synchronoss@ccgrouppr.com 

Investors 

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com 

Source: Synchronoss Technologies, Inc.

--BERNAMA

Ricky Kapur appointed Zoom Head of APAC

KUALA LUMPUR, June 29 -- Zoom Video Communications Inc announced Ricky Kapur has joined the company as Head of APAC, effective June 21.

Reporting directly to Zoom’s Head of International Abe Smith, Kapur will defi ne and lead the company’s go-to-market strategy for key APAC markets: Australia andNew Zealand, ASEAN, China, Hong Kong SAR, India, Korea, and Taiwan — exclusive of Japan.

He will manage Zoom’s APAC business with supervision and alignment across all cross-functional roles, according to a statement.

“We are thrilled to have Ricky Kapur lead our go-to-market strategy for all of APAC, a region where we are seeing accelerated growth,” said Smith.

“APAC is a critical region for Zoom, as we invest in infrastructure and expand the presence of our sales, marketing, and research and development teams to best enable organisations of all sizes with seamless and reliable video communications.”

Meanwhile, Kapur said: “Zoom has scaled its operations and business impressively across APAC markets, announcing a Technology Center in India and a Research and Development Center in Singapore within the past year.

“I am excited to join a company that continues to redefine the way organisations and individuals connect, from breaking barriers for education and healthcare with virtual-learning and telehealth to becoming critical technology for enterprises as they quickly evolved and adapted to a hybrid working model.”

Kapur comes to Zoom after five and a half years at Microsoft, where he was most recently Vice President of Sales and Marketing Operations for APAC.

At Microsoft, he managed all segments, from SMB, Majors through Enterprise, and led a cross-functional team of sales, marketing, partner, and customer success professionals.

Kapur is a chartered accountant from the Institute of Chartered Accountants in India and holds an MBA from the University of Melbourne.

-- BERNAMA

TELEDYNE E2V UNVEILS LOW-COST, HIGH-PERFORMANCE QUAD LINEAR CMOS SENSOR FAMILY

KUALA LUMPUR, June 29 (Bernama) -- Teledyne e2v, a Teledyne Technologies company and part of the Teledyne Imaging group, introduces Tetra, a low-cost, high-performance quad linear CMOS sensor family.

The Tetra sensors are ideal for food sorting, recycling, logistics, pick-and-place, document scanning, and other machine vision applications that require cost-effective mono, colour, and multispectral imaging.

Teledyne e2v Director of the Machine Vision Team, Florian Julien said: “The sorting industry has started to upgrade its traditional technology from colour to multispectral imaging. With its unique RGB + NIR capability, Tetra has been designed as the next generation technology to enhance quality and safety in food sorting.”

Tetra sensors are available in a 2k resolution with a 14 μm x 14 μm pixel size, or 4k resolution with a 7 μm x 7 μm pixel size at a max line rate of 128kHz aggregate, according to a statement.

The mono models can be configured to output one, two, or four rows and the colour models provide RGB and mono outputs. Using wafer level coated dichroic filters, the sensor also provides spectrally independent RGB and NIR outputs for multispectral imaging.

Based on a synchronised shutter design, Tetra provides low read noise and high dynamic range with true correlated double sampling (CDS), whereby each channel has its own exposure control, resulting in easy-to-perform white balancing.

The ceramic LCC package also offers high performance and high reliability over a wide range of operating temperatures. The sensor data ports have high signal integrity and simple interfacing for quick system integration.

-- BERNAMA

OAG FLIGHT INFO API NOW AVAILABLE IN MICROSOFT AZURE MARKETPLACE

KUALA LUMPUR, June 29 (Bernama) -- OAG, a leading provider of air travel data and insights, has announced the availability of its Flight Info API in the Microsoft Azure Marketplace, an online store that provides applications and services for use on Azure.

According to a statement, OAG customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

Flight Info API is the latest product launch for OAG Metis, the company’s Azure-powered open platform for enabling a combined and configurable view of high-value flight information.

The API holds the richest version of OAG’s schedules data, including unique seats data derived from a new data model.

The API provides travel technology companies, online travel agencies (OTAs), metasearch, and other stakeholders in the travel management ecosystem access to data that can help them differentiate, react faster, and scale quicker.

“OAG continues to deliver innovative solutions that help our customers access the most current flight information, now available in the Microsoft Azure cloud,” said OAG Chief Technology Officer, Nick Dearden.

Meanwhile, Senior Director, Microsoft Azure Platform at Microsoft Corp, Sajan Parihar said: “Through Microsoft Azure Marketplace, customers around the world can easily find, buy, and deploy partner solutions they can trust, all certified and optimised to run on Azure.”

The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.

More details at www.oag.com.

-- BERNAMA

SUPPORTING MALAYSIAN BUSINESSES WITH PROPPYAPP'S DIGITAL NEIGHBOURHOOD ECONOMY SERVICE

· ProppyApp helps local businesses connect with customers with ProppyCares service

 
KUALA LUMPUR, Malaysia, June 29 (Bernama) -- ProppyApp, a property-all-in-one portal, has launched a new ‘neighbourhood economy’ service on its app called ‘ProppyCares’, where local businesses will be able to connect with consumers and customers within their locality.
 
With local neighbourhood businesses affected badly during the pandemic, they are exploring alternative ways of doing business, including embracing technology to keep their livelihoods alive. ProppyCares helps property-related businesses and tradesmen including electricians, air-condition service repairmen, plumbers, home renovation contractors and cleaners by listing their businesses on its merchant listing platform.
 
There are over 30 categories of services where customers looking for property-related businesses can find the service they are looking for. The geo-tagging feature on the app lists the relevant merchants closest to the customer, where customers can connect and interact with the merchants via the in-app chat feature called ‘Beep!’. The app also allows customers to post reviews and endorsements on the merchant, enabling anyone searching for these services to assess and select the merchant of their choice.
 
“When the Covid-19 MCO was first announced in Malaysia on March 18, 2020, the local economy was significantly hit and businesses, especially micro, small and medium enterprises (MSMEs) which are the backbone of the economy, suffered huge losses. Businesses were coming to a standstill as it was unclear how long the MCO would last,” said Lee Willson, Chief Coordinator and Founder of ProppyApp.
 
SMEs contribute about 38.9% of Malaysia’s economy and about 48.4% of Malaysia’s employment. During the MCO, these businesses had to make the decision of pivoting online by adopting digital technology or face the harsh reality of shutting down. For essential services like food, eateries and the restaurant business, the option of moving onto a digital platform is easier. However, it is different for services and tradesmen like the local electrical repairmen, plumber or home renovation contractors and many others.
 
“Whilst some have successfully embraced the digital transformation and moved their businesses online, there are important services provided by electricians, plumbers and services which are not part of the digital economy. ProppyCares helps merchants build their reputation and brand name by joining our Merchant360 neighbourhood economy campaign,” added Lee.
 
ProppyApp is a property technology startup chaired by Y.A.M. Tunku Naquiyuddin ibni Tuanku Ja’afar, Chairman of Antah-Healthcare and Techna-X. The company aims to disrupt the online Real Estate and Property Tech industry with the latest AI and GPS geo-tagging technology to support SMEs, enabling them to offer more products and services to customers in their locality.
 
ProppyApp is currently open to all merchants, general tradesmen and home-related service repairmen to register for Free for its Basic Merchant package as its introductory promotion. They will also open their property listing marketplace listing to property agents and homeowners soon.
 
Download ProppyApp:
iOS (AppStore)
Google Play Store 

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NIPPON EXPRESS BEGINS OPERATIONS IN SLOVAKIA

 TOKYO, June 30, 2021 /Kyodo JBN-AsiaNet/ --

Nippon Express (Deutschland) GmbH (hereinafter "NE Germany"), a local subsidiary of Nippon Express Co., Ltd., has established a branch office in the Slovak capital of Bratislava that opened for business on Tuesday, June 1.
 
Logo: https://kyodonewsprwire.jp/img/202106256764-O1-6Tv78k77
 
Photo:
https://kyodonewsprwire.jp/prwfile/release/M103866/202106256764/_prw_PI3fl_Jo6BXi57.jpg
 
 
Map:
https://kyodonewsprwire.jp/prwfile/release/M103866/202106256764/_prw_PI2fl_8rrag1eH.jpg
 
 
Located at the heart of Europe, Slovakia has thriving automobile manufacturing and electrical equipment/component manufacturing industries and, having enjoyed an economic growth rate of 3-4% in recent years, it will likely continue to see strong economic growth into the future.
 
By opening its own location in Slovakia, NE Germany is seeking to boost sales to companies doing business there and to provide a wider range of logistics services. It will also be working to acquire procurement logistics business from suppliers and other firms in the automotive industry.
 
Nippon Express will be utilizing the new Bratislava Branch to enhance its logistics services in Central and Eastern Europe and continue meeting diversifying logistics needs around the world.
 
- Scope of operations
Forwarding (air/ocean/rail), warehousing/delivery, and removals
 
- Profile of business location
Name: Nippon Express (Deutschland) GmbH Bratislava Branch
Address: Laurinska Street No. 12, 811 01 Bratislava, Slovakia
Telephone: +421 914 223 326
 
Nippon Express website: http://www.nipponexpress.com/
 
Official LinkedIn account: NIPPON EXPRESS GROUP
https://www.linkedin.com/company/nippon-express-group/
 
 
Source: Nippon Express Co., Ltd.

MORE THAN HALF OF RETAIL PROFESSIONALS STATE PANDEMIC ACCELERATED TECH PRODUCT LAUNCHES

 LONDON, June 30 (Bernama-BUSINESS WIRE) -- Approximately 58% of retail professionals say the pandemic accelerated new technology-related product launches at their company, according to the new report “Using Retail Tech Innovation to Enhance the Customer Experience” released by global market research company Euromonitor International and the National Retail Federation (NRF).

“Technology will continue to be used to improve operational efficiencies and elevate the customer experience, positively impacting brand perception as a result,” comments Michelle Evans, senior head of digital consumer at Euromonitor International.

Brands have leveraged technologies like AR and VR to connect with consumers, leading to 31% of consumers utilising these technologies to buy household items and furniture this year.

“The pandemic has drastically accelerated the implementation of new technology for many retailers,” said NRF Vice President of Research Development and Industry Analysis Mark Mathews. “While these developments can typically take several years of meticulous planning, many were unveiled to consumers in a matter of weeks.”

Innovations such as livestreaming emerged as a new retail channel, and findings from Euromonitor’s ‘Voice of the Consumer: Digital Survey’ fielded in March 2021 suggest that globally, nearly 30% of consumers purchased through this medium in the last month. China recorded a high adoption usage at 63%, whereas in the U.S., while recording a relatively lower figure at 29%, popularity will likely continue as the concept takes hold.

Not only did companies accelerate transformation online, but they also ramped up in-store tech investments. Almost 40% of consumers point to scan-as-you-go, smart cart, and walk-in, walk-out technologies as top desired features.

Tech-based immersive experiences will continue to pick up as consumers return to stores more frequently. Euromonitor’s digital survey results found that more than 42% of consumers are comfortable with in-store assistance from robots, and one in five are open to the idea of microchip implantation to enable payments.

Download the free report to understand how consumers’ relationship towards technology has changed and where companies should make technological investments.

About Euromonitor International

Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. From local to global and tactical to strategic, our research solutions support decisions on how, where and when to grow your business. Find the right report, database or custom solution to validate priorities, redirect assumptions and uncover new opportunities. With offices around the world, analysts in over 100 countries, the latest data science techniques and market research on every key trend and driver, we help you make sense of global markets.

About NRF

The National Retail Federation, the world’s largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $3.9 trillion to annual GDP and supporting one in four U.S. jobs — 52 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. NRF.com

View source version on businesswire.com: 
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Contact

Carol Li
Senior Communications Executive - Euromonitor International
Tel: +44 208 175 7847
Carol.li@euromonitor.com

Source : Euromonitor International

JAPAN LIFE INSURANCE MARKET NEGATIVE OUTLOOK MAINTAINED - AM BEST

 KUALA LUMPUR, June 29 (Bernama) -- AM Best is maintaining its negative market segment outlook on Japan’s life insurance segment, citing social and economic impacts of the COVID-19 pandemic on life insurers’ top-line growth and significantly dampened investment income due to low interest rates.

The United States-headquartered global credit rating agency’s new Best’s Market Segment Report, ‘Market Segment Outlook: Japan Life Insurance’, notes Japan continues facing ongoing pressure domestically and abroad from the economic fallout from the COVID-19 pandemic.

Consequently, AM Best’s negative outlook primarily reflects an anticipation of headwinds for the near-term operating performance metrics of Japan life insurers, and in its view, the current and forecast macroeconomic conditions are likely to suppress top-line growth and profitability of most domestic life insurance companies.

However, AM Best notes most life insurers maintain very strong risk-adjusted capitalisation, and are expected to be able to withstand the potential impact on capital changes that may result from volatility in the global financial markets.

According to the report, domestic life insurance sales in Japan recovered gradually over the second half of fiscal year 2020-2021, on the back of a slow but steady resumption of sales activity, and the implementation of new business strategies.

Based on a statement, these new initiatives include the increased use of online and digital tools to mitigate the impact of reduced face-to-face sales activity, as well as the promotion of new product features addressing heightened and emerging customer needs.

Downward pressure on economic activity may be exacerbated by uncertainty over the country’s vaccination rollout, although the risk of reduced activity is skewed toward business sectors that involve extensive face-to-face interaction.

AM Best is confident most Japanese life insurers’ will be able to maintain at least very strong levels of risk-adjusted capitalisation, while the major threat to Japan life insurers’ prospective economic solvency ratios continues to be the possibility of a steep reduction in domestic interest rates, especially excessive declines in super long dated bond yields.

For more information, visit www.ambest.com.

-- BERNAMA

HOTELPLANNER-SINGAPORE SWIMMING CLUB PARTNERSHIP GIVES MEMBERS EXCLUSIVE GLOBAL RATES

KUALA LUMPUR, June 28 (Bernama) -- Leading travel technology platfrom, HotelPlanner, and the Singapore Swimming Club have partnered to give Club members exclusive group hotel booking rates worldwide, once international travel restarts.

Singapore Swimming Club is the island republic’s largest non-golfing, members-only recreational club with world-class facilities.

In a statement, HotelPlanner Executive Vice President, Asia Pacific, Christopher Lee said: “This partnership with Singapore Swimming Club is our first collaboration with a recreational club in Singapore, and we are delighted to support this premier organisation.

“With pent-up demand for travel growing, we are also keen to explore more partnerships with other recreational and sporting associations in Singapore and the entire Asia-Pac region.”

HotelPlanner is a proud supporter and partner of professional sporting events and leagues, including the United Soccer League, National Hockey League’s New Jersey Devils and the Ladies Professional Golfing Association, among others.

Singapore Swimming Club General Manager, Brenden Gurusamy said it was honoured to team up with HotelPlanner, which had a long and successful track record partnering with renowned companies and organisations supporting sporting activities and events.

For more information, visit http://hotelplanner.com

-- BERNAMA

FRESENIUS MEDICAL CARE SUPPORTS EDUCATION FOR HEALTHCARE PROFESSIONALS IN KOREA WITH THE OPENING OF ITS FIRST TRAINING CENTER

 

^{Fresenius Medical Care's Korea Training Center (Photo: Business Wire)}


Offering a wide range of programs and events to help deliver best possible care for chronically and critically ill patients


HONG KONG, June 28 (Bernama-BUSINESS WIRE) -- Fresenius Medical Care, the world's leading provider of products and services for individuals with renal diseases, recently announced the grand opening of its first training center in Korea, to offer comprehensive education programs and share its knowledge and experience in renal care, critical care, and treatment strategies with healthcare professionals. The training programs and other events at the center will help strengthen the collective knowledge within the industry, unlocking the potential for improvement in patient care.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210627005069/en/
 

The opening ceremony on 24 June was officiated by Professor Yang Chulwoo, President of the Korean Society of Nephrology (KSN) and Clare Kim, Managing Director of Fresenius Medical Care Korea, with the attendance of members of KSN’s executive committee.
 

The Fresenius Medical Care Training Center, the first healthcare education facility in Korea to be run by a dialysis product provider, was established to support doctors, nurses, and clinical technicians in accessing the latest knowledge and skills within their professional practice. The center offers a dedicated education hub for healthcare professionals to undertake training and upskilling programs in Yeouido, the city center of Seoul, providing an opportunity to have hands-on experience with Fresenius Medical Care’s most advanced medical equipment used for hemodialysis (HD), automated peritoneal dialysis (APD) and continuous renal replacement therapy (CRRT). Certified trainers from Fresenius Medical Care, together with regional clinical education experts from across Asia Pacific, will provide best practice training for healthcare professionals within the renal care field.

With the opening of the Training Center, Fresenius Medical Care Korea pledges its ongoing support of healthcare professional education. Regular academic conferences will include Advanced Renal Educations Program (AREP), Fresenius Medical Care Korea’s distinguished education initiative which is organized annually for healthcare professionals in renal care; and training for nephrology nurses dedicated to caring for dialysis patients. The Fresenius Medical Care Training Center also offers educational opportunities catering to individual healthcare professionals specializing in particular treatment modalities such as PD, HD, and CRRT.

“KSN welcomes and appreciates Fresenius Medical Care’s efforts in establishing the training center and offering comprehensive training programs for the healthcare professionals,” said Professor Yang Chulwoo, President of the KSN. “It is expected to make a positive contribution to improve the quality of medical services for patients in Korea in the long term.”

“The Fresenius Medical Care Training Center will provide healthcare professionals with high-standard, systematic training, helping them to advance their knowledge and skills in renal and critical care.” said Clare Kim, Managing Director of Fresenius Medical Care Korea. “Going forward, we are committed to providing comprehensive academic programs to support the development of healthcare professionals. We will also continue to deliver high-quality products and services to meet the needs of the patients, community and industry.”

“As the world’s leading provider of dialysis products and services, and with an advanced portfolio in critical care, Fresenius Medical Care is dedicated to contributing its expertise and experience to our healthcare professional partners in the industry. Supporting their growth and development will help ensure high standards of care for our patients, which will in return allow us to fulfil our mission – to create a future that is worth living, for patients, every day.” said Harry de Wit, President and CEO of Fresenius Medical Care Asia Pacific.

ABOUT FRESENIUS MEDICAL CARE

Fresenius Medical Care is the world's leading provider of products and services for individuals with renal diseases of which around 3.7 million patients worldwide regularly undergo dialysis treatment. Through its network of 4,110 dialysis clinics, Fresenius Medical Care provides dialysis treatments for 344,476 patients around the globe. Fresenius Medical Care is also the leading provider of dialysis products such as dialysis machines or dialyzers. Along with its core business, the Renal Care Continuum, the company focuses on expanding in complementary areas and in the field of critical care. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME) and on the New York Stock Exchange (FMS).

For more information, please visit the company’s website at www.freseniusmedicalcare.asia.

DISCLAIMER

This release contains forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described in these forward-looking statements due to various factors, including, but not limited to, changes in business, economic and competitive conditions, legal changes, regulatory approvals, results of clinical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties are detailed in Fresenius Medical Care AG & Co. KGaA's reports filed with the U.S. Securities and Exchange Commission. Fresenius Medical Care AG & Co. KGaA does not undertake any responsibility to update the forward-looking statements in this release.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210627005069/en/

Contact

Media
Fresenius Medical Care
Dr. Alexandra Villar
Vice President
Corporate Communications and Branding
Asia Pacific
www.freseniusmedicalcare.asia
T +61 2 9466 8020
Alexandra.Villar@fmc-asia.com

Source : Fresenius Medical Care

AMINVEST SCOOPS THREE BEST OF THE BEST AWARDS FOR FUND MANAGEMENT EXPERTISE

KUALA LUMPUR, June 24 (Bernama) -- AmInvest has scooped up three fund management awards, namely, Best Pension Fund Manager (for the third consecutive year), Best Institutional House and Best Bond Manager for Malaysia awards at Asia Asset Management’s Best of the Best Awards 2021 (“Awards”).¹ The Awards recognise the most outstanding fund management players for their excellence in managing investments in the Asia-Pacific region.¹
 
Commenting on the wins, Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer of AmBank Group, said, “To receive these acknowledgements is a huge honour for us as it is a testament to our 40 years’ experience in managing funds and highlights the expertise, as well as, the capabilities of our people. Currently (as at May 2021), we manage Assets Under Management (“AUM”) of around MYR48 billion with the support of our retail and institutional clients.”
 
As Malaysia’s Best Pension Fund Manager, AmInvest was commended for registering the best returns for its domestic pension mandates and its Private Retirement Scheme (“AmPRS”) funds against relevant benchmarks, and the size of these mandates over three-year and five-year periods.¹ Over the last three years (as at May 2021), AmPRS-Islamic Equity Fund and AmPRS-Islamic Balanced Fund were ranked among the top ten best performing PRS funds in the market with total returns of 37.1% and 32.3% respectively, or annualised returns of 11.1% and 9.8% accordingly.² AmInvest offers one of the most diverse ranges of retirement solutions in the market for Malaysian investors to choose from according to their respective retirement needs, goals and risk tolerances. The fund management house is also the only PRS Provider in the country to offer conventional bond and Shariah-compliant sukuk fund offerings, i.e., AmPRS-Tactical Bond and AmPRS-Dynamic^# Sukuk.³
 
The Best Institutional House, Malaysia award recognises AmInvest for its performance on market share, client retention, new business won, stability of the senior management team, new initiatives, thought leadership and growth of institutional assets over three years.¹
 
In addition, AmInvest was lauded for its best investment and research process, navigation of the local market conditions, value add to clients and performance and size of its bond assets over one-year and three-year periods under the Best Bond Manager, Malaysia category.¹
 
“Our team’s ability to apply appropriate investment strategies in order to capitalise on the best investment opportunities was instrumental in cushioning the impact to our investors’ investment portfolios during the volatile market conditions throughout 2020. AmInvest’s AUM has increased by 9% over the year with the growth on an uptrend throughout the years. We would like to express our gratitude to our investors for their continued trust in our capabilities to be their investment partner of choice,” said Ms. Goh Wee Peng, Chief Executive Officer of AmInvest.
 
Asia Asset Management is a publication based in Hong Kong which provides news on the Asian asset management industry.¹
 
About AmInvest
AmInvest is the brand name for the funds management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd, both of which are wholly-owned subsidiaries of AmInvestment Bank Berhad. We are a multiple award-winning fund manager based in Malaysia with 40 years of investing experience managing unit trust funds, wholesale funds, institutional mandates, Exchange Traded Funds (ETF) and Private Retirement Scheme (PRS); encompassing both conventional and Shariah-compliant funds.

Sources & Notes:
#The word “Dynamic” refers to the Target Fund’s investment strategy which is active management, not a buy-and-hold strategy.
¹  Asia Asset Management, January 2021.
² Based on performance data for Class D compiled by Lipper, Refinitiv, as at 31 May 2021. Performance is shown in Malaysian Ringgit on a NAV price basis with income distribution reinvested. Performance figures are calculated net of all fees, charges and expenses, except entry charge and exit penalty (if any). Past performance is not indicative of future performance. In terms of performance ranking, it is under the Pension Funds category with a total of 55 funds (according to Lipper Global Classification) for the fund’s three-year total return. Primary funds are to be used by default in performance statistics to prevent double counting and ranking anomalies.
³ Based on data compiled by Lipper, Refinitiv under the Pension Funds category with a total of 58 funds (according to Lipper Global Classification), as at 31 May 2021 for the following funds: AmPRS-Tactical Bond (Bond Asia Pacific LC) and AmPRS–Dynamic^# Sukuk (Bond MYR). Primary funds are to be used by default in performance statistics to prevent double counting and ranking anomalies. 

http://bernamamrem.com/viewsm.php?idm=40359

YUGO PRIVATE AVIATION EXPANDS IN SOUTHEAST ASIA

 

^{Yugo Private Aviation's Gulfstream G200 midrange private jet (Photo: Business Wire)}


SINGAPORE, June 25 (Bernama-BUSINESS WIRE) -- Yugo the fast growing private aviation platform has recently released its newest charter routes in Thailand, Cambodia, Malaysia and the Philippines; a sign that the Singapore based private aviation company is gearing up for growth in Asia.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210623005498/en/

 

Leveraging on its network of helicopters and jets, Yugo is the first air mobility platform that connects Southeast Asia to the whole of Asia Pacific.

With only a few clicks and based on their preferences, customers are able to request and search flights of private jets and helicopters from a curated inventory of available flights and routes.

Currently operating in Southeast Asia, Yugo has been growing its customers reach and its fleet in the region within less than a year, amid the pandemic.

According to Camille Ngo, Commercial Manager of Yugo: "Our mission is to provide the possibility for our customers to fly private anywhere, anytime, by helicopters or private jets."

Camille, who leads the commercial operations of the company adds "We aim to reach a sustainable state of aviation, taking into account environmental aspects and societal responsibility".

Today, in order to propose charter flights to over 150 destinations in Asia, Yugo has built a fleet of more than 50 aircrafts in its network, from some of the aviation industry’s best aircrafts manufacturers such as Gulfstream, Bombardier, Cessna Textron Aviation and Dassault Falcon private jets as well as Bell, Airbus, Leonardo or Robinson helicopters. The aircrafts are selected for the comfort and privacy of passengers from Dubai to Langkawi, Cebu to Bali, Sihanoukville to Shanghai or Koh Samui to El Nido, traveling for business or leisure.

Jim Baldy, CEO of Yugo commented "Covid-19 has reshaped the travel industry since 2020. This is the most challenging chapter of aviation in history and it has tested our resilience. We have adjusted our value proposition to best serve our customers in the most flexible, safe and secured way possible. With all obstacles we faced, we had to find ways to innovate, maintain our performance and move forward through 2020 and 2021.”

From Southeast Asia to Asia Pacific, popular flights include on-demand helicopter flights, airport transfers, helicopter tours, private islands transfers, cross border medical flights, in country emergency evacuations or cross border business jets flights among others.

Indeed, while commercial aviation has not yet fully picked up, private aviation has been recovering at a faster pace. Yugo is poised continue to providing flights services to customers with needs to fly private within Asia Pacific.

About Yugo

Yugo Global Industries Pte Ltd is a private aviation company that focuses on providing private flights by helicopters and business jets at optimized costs anywhere, anytime. Yugo’s flight services are powered by its air mobility platform and its global network throughout Asia Pacific.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210623005498/en/

Contact

Camille Ngo
Commercial Manager
camille@yugoplus.com
www.yugoplus.com

Source : Yugo Global Industries Pte Ltd

SYNCHRONOSS TECHNOLOGIES, INC. ANNOUNCES PROPOSED $120 MILLION PUBLIC OFFERING OF SENIOR NOTES

 BRIDGEWATER, N.J., June 25 (Bernama-GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $120 million aggregate principal amount of senior notes due 2026 in an underwritten public offering. Synchronoss also expects to grant the underwriters a 30-day option to purchase an additional $5 million aggregate principal amount of senior notes in connection with the offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Synchronoss and the senior notes both received a rating of BB- from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.

All of the senior notes in the offering are to be sold by Synchronoss, with net proceeds of the offering, and of the anticipated offering of common stock and sale of Series B Preferred Stock (each as described below), expected to be used to fully redeem all outstanding shares of Synchronoss’ Series A Convertible Participating Perpetual Preferred Stock and repay amounts outstanding under Synchronoss’ revolving credit facility.

B. Riley Securities, Inc. (“BRS”) is acting as the sole book-running manager for the offering. Northland Capital Markets, Aegis Capital Corp. and EF Hutton, division of Benchmark Investments, LLC are acting as lead managers for the offering.

Concurrently with the offering, the Company anticipates offering, by means of a separate prospectus supplement, $100 million of shares of its common stock. In addition, B. Riley Principal Investments, LLC (“BRPI”), an affiliate of BRS, has entered into an agreement pursuant to which BRPI has agreed to purchase $75.0 million of the Company’s Series B Preferred Stock in a private transaction to be completed concurrently with the closing of the offering.

The senior notes described above are being offered by Synchronoss pursuant to a shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on August 28, 2020. A preliminary prospectus supplement relating to and describing the terms of the offering will be filed with the SEC and will be available on the SEC’s web site at www.sec.gov. The final terms of the proposed offering will be disclosed in a final prospectus supplement to be filed with the SEC. When available, copies of the preliminary prospectus supplement relating to these securities may also be obtained by sending a request to: B. Riley Securities, Inc., at 1300 North 17th Street, Suite 1300, Arlington, VA 22209 or by calling (703) 312‐9580 or by emailing prospectuses@brileyfin.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Synchronoss

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including but not limited to statements regarding the public offering and the anticipated use of the proceeds thereof. These forward-looking statements are subject to a number of risks, including the satisfaction of customary closing conditions related to the proposed public offering and the risk factors set forth from time to time in Synchronoss’ SEC filings, including but not limited to the risks that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections (as applicable) of Synchronoss’ Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the period ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. In addition to the risks described above and in Synchronoss’ other filings with the SEC, other unknown or unpredictable factors also could affect Synchronoss’ results. No forward-looking statements can be guaranteed and actual results may differ materially from such statements. The information in this release is provided only as of the date of this release, and Synchronoss undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Media

Diane Rose
CCgroup
diane@ccgrouppr.com

Investors

Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

SOURCE : Synchronoss Technologies, Inc.

HKTB DEBUTS GREAT OUTDOORS SUMMER VIDEO SERIES TO TICKLE AND TITILLATE THE SENSES

 

^{Blake Pier and Murray House in Stanley (Photo: Business Wire)}


ASMR videos capture the pleasurable sounds of a sizzling Hong Kong summer

HONG KONG, June 24 (Bernama-BUSINESS WIRE) -- This summer, Hong Kong’s great outdoors will be very much within reach to those who reside abroad — thanks to a series of uniquely soothing sensory videos created under the 360 Hong Kong Moments initiative by the Hong Kong Tourism Board (HKTB), which have managed to capture and bottle the city’s auditory essence into highly immersive and pleasurable viewing experiences.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210617005403/en/

 

A highlight of the Great Outdoors Hong Kong (GOHK) 2021-2022 summer campaign, four distinctly themed Autonomous Sensory Meridian Response (ASMR) videos will each feature 30-second snapshots of dreamy environmental acoustics heard in far-flung corners of the city. The videos are designed to stimulate the senses and to heighten one’s sensitivity to the harmonic countryside symphonies just a stone’s throw from the city.

ASMR in Peng Chau invokes a ship’s horn, a temple’s chimes and the hypnotic kau cim (shaking of fortune sticks). Swaying leaves, dripping waterfalls, chirping birds and flapping wings angle for attention in ASMR in Shing Mun Reservoir. ASMR in Stanley spans splashing in the ocean and swooshing open a paper fan, to biting into a piece of deliciously warm French toast at a local cha chaan teng diner. Finally, ASMR in Sai Kung delves into the myriad tones and timbres of the open sea, which can be encountered during a lone stand-up paddle-boarding session.

Both calming and provoking, the video series stars curious individuals exploring the outskirts of Hong Kong through a hyper-focused lens, and culminates in a three-minute magnum opus, which brings all the contrasting elements together into one beautifully euphoric whole.

The ASMR videos form part of the broader GOHK summer campaign, which will also showcase 13 seasonal routes, covering hiking and sightseeing destinations, island-hopping itineraries and water sports experiences. A particular focus is water-based activities, which are easily accessible but often overlooked by visitors who might not be well acquainted with the green side of Hong Kong. For summer, recommendations include kayaking and snorkelling near Hong Kong UNESCO Global Geopark in Sai Kung, the city’s back garden.

The entire Great Outdoors Hong Kong 2021-2022 campaign is hosted on its own dedicated campaign website, and is packed to the brim with useful information, like insider tips, dining recommendations and transportation suggestions. On top of the signature ASMR vignettes, the site features a colourful mix of photos, written itineraries and 13 videos-for-beginners — short-form videos carrying themes such as “adventure”, “antiquity”, “instagrammable” and “relaxation”, offering an overview (distance, elevation, difficulty, duration, etc.) and en route experiences about each seasonal route to inspire future trips.

For more information and the full summer video series of Great Outdoors Hong Kong 2021-2022, please visit: www.discoverhongkong.com/eng/explore/great-outdoor/wellness.html

Videos and images can be accessed via:
https://hktb.filecamp.com/s/GOHK_2021-2022/fo

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210617005403/en/

Contact

Media Contact
Ms Vivian Li
Email: vivian.li@hktb.com

Source : Hong Kong Tourism Board

EUROPEAN AUTOMOTIVE RETAIL LEADER SELECTS DAWEX TECHNOLOGY TO DEPLOY DATA EXCHANGE PLATFORM

 KUALA LUMPUR, June 24 (Bernama) -- Dawex announced a European leader in retail for automotive has chosen Dawex technology to deploy its Data Exchange Platform to distribute, exchange and commercialise data products securely, in compliance with regulations.

Dawex is the leading data exchange and data marketplace technology company.

Relying on Dawex technology, the Data Exchange facilitates access to data products, accelerates data circulation and monetisation, and orchestrates a data ecosystem.

This data hub enables the entire sector to propose new services, improve productivity and efficiency, mitigate risk, and generate new revenue streams, according to a statement.

Dawex Data Exchange technology brings the technical, contractual, financial, and regulatory compliance conditions for secure data sharing and monetisation, bringing flexibility, traceability, and trust over the circulation of data.

“The Data Exchange will enable our customer to offer new services, and fuel data-powered innovations, turning the company’s data ecosystem into the essential place where data partnerships in the retail for automotive industry happen,” said Dawex co-CEO, Fabrice Tocco.

Through Dawex Data Exchange Advisory Services, the organisation defined a comprehensive data exchange strategy and roadmap.

Dawex experts identified company-generated data sets and over 100 associated data products, segmented and prioritised use cases to address the data exchange needs of the retail for automotive ecosystem.

-- BERNAMA

INTELLIGENT WAVE INC PROVIDES IP FLOW-MONITORING SOLUTION TO FINLAND’S BROADCASTER YLE

KUALA LUMPUR, June 23 (Bernama) -- Intelligent Wave Inc (IWI), a leading company in online network infrastructure development in the finance industry, announced it has provided Yleisradio Oy (Yle), a national public service media, with ‘EoM’, an IP flow-monitoring solution.

According to a statement, Yle has implemented EoM in a plan to monitor and analyse IP flows in an upcoming renewed MCR Control Room.

The points highly evaluated during the POC include compatible with 100GbE, and supports a variety of protocols; expectation on higher availability without additional cost with 24/7 monitoring; detailed troubleshooting made possible with past data analysis; and, integration with third-party network management system.

EoM is co-developed with Japan's public broadcaster NHK aimed towards the broadcasting industry. EoM combines IWI's high-speed data-processing technology from its payment system development business and the power of FPGAs,

With the spread of 4K/8K broadcasting, it is becoming vital for broadcasters to shift to IP transmission, which calls for a tool to monitor IP flows in detail in order to maintain/increase the quality.

EoM functions/features include monitoring of 12 protocols with a supported speed of 10GbE / 25GbE / 100GbE; alert according to user-set threshold; decoding of audio and video packet; and, integration with third-party network management system.

Based in Tokyo, IWI will continuously develop features and functions that will contribute to supporting and maintaining the quality of IP broadcast.

More details at https://www.iwi.co.jp/en.

-- BERNAMA

FINANCIO CONNECT MOBILE APP RELEASED GLOBALLY

 PETALING JAYA, June 23 (Bernama) -- Asian Business Software Solutions Sdn Bhd (ABSS), a subsidiary of Censof Holdings Berhad, announced the launch of CONNECT mobile application (mobile app) on APPLE App Store, for its Financio Premium subscribers.

 
Dubbed as a next-generation mobile app, Financio CONNECT facilitates and provides convenient business accounting transactions where subscribers will be able to instantly access their data, anytime, anywhere by merely using a smartphone. CONNECT permits business owners’ real-time access to transactions, recording of expenses, quotation creation and invoicing, which automatically synchronizes to the cloud across all devices. The mobile app is efficient, easy to navigate and facilitates a secured collaboration across departments with information security settings that enable a business owner to assign role-based access to empower personnel to perform their job efficiently.
 
Financio, a cloud accounting software by ABSS, which helms the small business accounting automation in Malaysia, Singapore, Hong Kong and other countries, has been redefining how the over 25,000 small business and SME owners handle their accounting and tax tasks. The launch of the CONNECT mobile app allows Financio Premium subscribers to manage their business accounts in a seamless and integrated platform while on the go. Financio users claim that the software has helped improve productivity. It is believed that CONNECT mobile app will transform how SMEs manage business accountings by enabling accounting operations executable through smartphones.
 
ABSS Chief Executive Officer, Rhys Brown elaborated, "Small business owners work hard and are often on the move. Along with their business’s growth and expansion, there is a rising need for a reliable and efficient mobile accounting app. Therefore, we built CONNECT mobile app to fill the gap. Made available on all the three major app stores to ensure the ease of managing business accounting, Financio CONNECT provides business owners the flexibility they need to manage business accounting and perform necessary financial administration while on the go. Our app users will be able to record expenses, send invoices, see what is owed, chase payments, reconcile accounts and more with just a smartphone."
 
The Financio CONNECT mobile app is currently available for download from Google Play Store, Huawei App Gallery and Apple App store. Details and information about CONNECT including its features and functions can be found at financio.co/malaysia/connect. 


ABOUT CENSOF HOLDINGS BERHAD  

Censof Holdings Berhad (“Censof” or the “Group”) was established in 2008 as a technology holdings company that provides an extensive financial management solution for the government and commercial segments, small and medium enterprises, as well as start-ups. The Group was listed on the Main Market of Bursa Malaysia Securities Berhad in January 2011.

Through its subsidiaries, Censof is involved in providing (i) financial management solutions on the government front, (ii) financial management solutions to the SMEs and micro-SME segments, (iii) wealth management solutions, (iv) payment aggregation solutions and (v) embarking into emerging technologies. The Group is listed under the Technology Sector (Name & Code: CENSOF & 5195).

For more information about Censof Holdings Berhad, please visit https://censof.com. 


SOURCE : Censof Holdings Berhad