CALLING ALL JDT FANS! THE FIRST JDT HYPER DRINK SPORTS CAMPAIGN FOR PUBLIC AT R&F MALL JB

Join the Fun-filled Challenges and Win Limited-edition Merchandise

JOHOR BAHRU, Oct 25 (Bernama) -- Are you a fan of JDT, or a fitness enthusiast? Now it’s your chance to get up close with JDT veteran coach and be inspired to a healthier lifestyle! Come and join the first-ever JDT Hyper Drink outdoor sports campaign throughout 4 weekends (26th October – 17th November 2019) at R&F Mall JB, and stand a chance to walk away with limited-edition merchandise by participating in the fun-filled sport challenges!

 

Date	Activities	Details
26 – 27 October	Kids’ Ninja Warrior Obstacle Challenge	Get your little ones to complete a mixture of obstacle challenges and win exciting prizes.
2 – 3 November	Football Challenge	How many juggles can you do? And how accurate you can kick the field goals? Come and challenge yourselves!
9 – 10 November	Inflatable Challenge	Various inflatable set-up including football game, climbing wall, bungee run etc.
16 – 17 November	Crossfit Challenge	Looking for gym lovers to test their limit of plank, push-up, and block jumping!

 

During Football Challenge Week, fans will get the chance to meet with Ahmad bin Hassan, the veteran coach in Malaysian football history. Football fans may get the chance to interact with him and get to learn some tricks and skills! On top of that, fans can also grab a new series of ‘JDT Hyper Drink x R&F Mall’ limited-edition merchandise, including T-shirts, umbrellas, sling bags etc.

“As a big supporter of JDT football team, we are so excited to work with them in promoting an active lifestyle to the local community. JDT is a ‘unity icon’ that Johorean are proud of and R&F Mall also believes that sports can bring people together. Hence, we have prepared a series of fun and playful sport games to cater not only for football and gym lovers, but also families and kids.” said Daphne Tan, Marketing Director of R&F Mall.

This is the first time JDT Hyper Drink organizing a public event which collaborated with their fans club foundation, Yayasan JDT and their Gold partner, Mercedes Benz Malaysia. In support with the public sports campaign, Mercedes Benz Malaysia, the Gold Partner of JDT Hyper Drink, will also display their latest car models, A200 and C300, at outdoor concourse of R&F Mall.

JDT Hyper Drink is a powdered energy drink with brand collaboration with Johor Darul Ta’zim Football Club (JDTFC), a Malaysian Football Club owned by HRH Major General Tunku Ismail Ibni Sultan Ibrahim, The Crown Prince of Johor. The hyper drink is fully endorsed by JDT and is locally developed and manufactured in Johor.

For more information on the JDT Hyper Drink Sports Campaign, please visit https://www.facebook.com/RnFMallJB/ or it’s official website https://rnfmalljb.com/

Basic information of R&F Mall Johor Bahru

• Opening hours: 10am – 10pm daily
• Address: Jalan Tanjung Puteri, 80300 Johor Bahru, Malaysia.
• GPS location: 1°27'34.4"N 103°46'05.4"E
• Phone number: +6 07 2727 888

SOURCE: R&F Development Sdn Bhd ​

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Chloe Chow, Marketing Manager
R&F Mall JB
Tel: +6 07 277 2777 ext. 8136 / + 6019 612 4737  
Email: chloechow@rfchina.com

--BERNAMA

NIKE, INC. ANNOUNCES BOARD MEMBER JOHN DONAHOE WILL SUCCEED MARK PARKER AS PRESIDENT & CEO IN 2020; PARKER TO BECOME EXECUTIVE CHAIRMAN

BEAVERTON, Ore Oct 23 (Bernama-BUSINESS WIRE)--The Board of Directors of NIKE, Inc. (NYSE:NKE) announced today that John Donahoe will be appointed as the company’s new President and Chief Executive Officer, effective Jan. 13, 2020. At the same time, Mark Parker, CEO since 2006 and Chairman, President & CEO since 2016, will become Executive Chairman and continue to lead the Board of Directors and work closely with Donahoe and the senior management team.

This press release features multimedia. View the full release here:
 https://www.businesswire.com/news/home/20191022006118/en/

“This is an exciting time for Nike where we see brand strength and momentum throughout the world and great opportunity for future growth,” said Parker. “I am delighted John will join our team. His expertise in digital commerce, technology, global strategy and leadership combined with his strong relationship with the brand, make him ideally suited to accelerate our digital transformation and to build on the positive impact of our Consumer Direct Offense. I look forward to continuing to lead the Board as Executive Chairman, as well as partnering closely with John and the management team to help him transition to his new role.”

“It is an honor to become President and CEO of this amazing, innovative company, and to join the more than 76,000 talented and passionate employees dedicated to serving athletes,” said Donahoe. “Over the last five years, I’ve been proud to be connected to Nike through my role on the Board and now look forward to being a full-time member of the team, working even more closely with Mark, building on Nike’s success and seizing the opportunities ahead.”

Donahoe is the current President and CEO of ServiceNow, Inc. and also serves on its Board of Directors. He is Chairman of PayPal Holdings, Inc. From 2008 through 2015, he was President and CEO of eBay, Inc. and previously was the CEO and Worldwide Managing Director of Bain & Co. from 1999 to 2005 and a Managing Director from 1992 to 1999. He earned a bachelor’s degree in Economics from Dartmouth College and an MBA from Stanford University.

Donahoe will remain on the Board of Nike where he has been a member since 2014.

About NIKE, Inc.

NIKE, Inc., based near Beaverton, Oregon, is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly-owned NIKE, Inc. subsidiary brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http://investors.nike.com. Individuals can also visit http://news.nike.com and follow @NIKE.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20191022006118/en/

Contact

Investor Contact:
Matt Friend
(503) 532-4213

Media Contact:
Mark Rhodes
(503) 532-8877
Source : NIKE, Inc.

Source : NIKE, Inc.

--BERNAMA

Michael Scheiner is Tommy Hilfiger Global Chief Marketing Officer

KUALA LUMPUR, Oct 22 -- Tommy Hilfiger, one of the world’s most recognised premium designer lifestyle groups owned by PVH Corp, has appointed Michael Scheiner as Tommy Hilfiger Global Chief Marketing Officer, effective Oct 28.

“We are thrilled to have Michael join our world class Marketing Organization, and believe he will help fuel our ongoing digital transformation, enable us to respond strategically to new disruptions, and position Tommy Hilfiger as a leader amongst its competitors,” said Tommy Hilfiger Global & PVH Europe Chief Executive Officer, Daniel Grieder.

Scheiner will utilise his passion and experience to lead the company into a new era of innovative marketing strategies – particularly across digital and experiential platforms – to reach and engage the next generation of consumers.

He joins Tommy Hilfiger from Hollister Co where he served as senior vice-president (global marketing). His work helped to move Hollister into the top five brands among teens in Piper Jaffray’s Fall 2019 Taking Stock survey and supported Hollister’s recognition as a Top Omni-Channel retailer.

Scheiner will relocate to the Tommy Hilfiger global headquarters in Amsterdam, the Netherlands, according to a statement.

“I am excited to work closely with Tommy, Daniel and the company’s talented marketing teams around the world to write the next chapter as Tommy Hilfiger celebrates its 35th anniversary next year,” said Scheiner.

More information at https://usa.tommy.com/en.

-- BERNAMA

RIMES Technologies opens Manila office to support global customers

KUALA LUMPUR, Oct 21 -- RIMES Technologies, a managed data and RegTech solutions provider today opened its new office in Manila, Philippines.

The new facility will operate on multiple shift patterns, augmenting RIMES’ proven ability to deliver 24/7 support to global customers, according to a statement.

“The Manila hub centralised many of the complex data referencing tasks that underpin our services and will prove essential in helping our customers overcome many of the major data management and regulatory challenges they currently face,” said RIMES chief executive officer and co-founder, Christian Fauvelais.

The operational support hub will provide customers access to client services, data analysis, performance analysis and IT skills needed to run their data management and compliance operations.

The facility builds on RIMES’ extensive Asia Pacific footprint, which has been established for more than a decade and includes sales and support offices in Singapore, Shanghai and Sydney.

More information at https://www.rimes.com.

-- BERNAMA

Taconic Biosciences adds Dr Frank Sistare to Scientific Advisory Board

KUALA LUMPUR, Oct 18 -- Taconic Biosciences, a global leader in providing drug discovery animal model solutions has added Dr Frank Sistare to its Scientific Advisory Board (SAB).

Dr Sistare joins existing SAB members Andrew Goodman, PhD; David Hill, PhD; and Robert Rosenthal, PhD, according to a statement.

The SAB will continue to collaborate with Taconic’s management in providing scientific insight and guidance on the evolution of its product and service portfolio.

Dr Sistare’s extensive career and expertise in the field of toxicology complements the standing board members as it provides expertise in microbiome, oncology and toxicology spaces to drive Taconic’s innovation in these and other research areas.

“We welcome Dr Sistare and his deep experience as Taconic continues developing solutions that are more precise and relevant to human clinical outcomes,” shared Taconic Biosciences chief executive officer, Nancy J. Sandy.

Dr Sistare has served for the past 16 years as executive director, associate vice-president and scientific associate vice-president within safety assessment and laboratory animal resources at Merck Research Laboratories.

He earned his BS in Pharmacy from the University of Rhode Island, PhD in Pharmacology at the University of Virginia, and was awarded a postdoctoral PRAT Fellowship at the National Institutes of Health.

-- BERNAMA

Come February, Chicago Booth hosts Strategic Thinking programme for Asia-Pacific leaders

KUALA LUMPUR, Oct 17 -- The University of Chicago Booth School of Business Executive Education will host its two-day Strategic Thinking – Hong Kong programme, beginning Feb 11, next year.

The highly sought out programme is designed to elevate critical thinking skills and help business executives develop the strategic agility to embrace digital disruption and geopolitical changes in the Asia-Pacific region.

The course by Chicago Booth Clinical Professor (Strategic Management) and Faculty Director (Strategic Thinking), Marc Knez will help executives develop the strategic skills to recognise how industry changes are impacting their businesses, according to a statement.

Attendees will also learn how to assess their current strategy, develop an outcome-based approach to innovation and acquire the frameworks for analysing trends.

“In today’s rapidly-changing business environment, executives must have a broad and deep set of strategic thinking skills -- both within their areas of operation and at the enterprise level -- to succeed and respond effectively to technological change and disruption,” said Knez.

Knez specialises in bridging the gap between academic research and applied decision making in the context of strategic planning and technology strategy. His academic research focuses on market analysis, strategy development and organisational structure.

Held at the school’s Hong Kong campus, the programme provides executives with the opportunity to strengthen their organisation's competitive advantage and foster professional relationships with other businesses in the Asia-Pacific.

More information at https://www.chicagobooth.edu.

-- BERNAMA

AM Best gives Marble Reinsurance Corporation excellent rating

KUALA LUMPUR, Oct 17 -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of Marble Reinsurance Corporation (Marble Re) Micronesia.

The stable outlook of these credit ratings reflects Marble Re’s balance sheet strength, which AM Best categorised as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

It also reflects AM Best’s expectation that Marble Re’s operating performance will remain at a strong level, underpinned mainly by favourable claims experience and an expense ratio that should remain stable over time.

Marble Re’s balance sheet assessment is underpinned by risk-adjusted capitalisation at the strongest level, as measured by Best’s Capital Adequacy Ratio and it is expected to remain stable, supported by low underwriting leverage and a conservative investment portfolio.

Marble Re’s favourable operating results are demonstrated by a five-year average return on equity of approximately 15 per cent, driven primarily by its good underwriting results, with a five-year average combined ratio of under 60 per cent (2014 to 2018).

The company’s business profile is assessed as neutral; its underwriting portfolio is composed mainly of marine cargo and hull business from affiliated and related companies within the Marubeni Group, one of the largest trading companies in Japan.

AM Best is a global credit rating agency and information provider with an exclusive focus on the insurance industry. More information at www.ambest.com.

-- BERNAMA

Lithium Werks prioritises watertight safety in marine technology

KUALA LUMPUR, Oct 17 -- Serving the marine sector for over a decade, Lithium Werks has seen the market transition from small lithium batteries in racing yachts to large battery systems in ferries and work vessels.

Lithium Werks does not use nickel-manganese-cobalt (NMC) as a battery technology but instead, sells safer lithium iron phosphate (LFP) technology.

NMC is much more prone to extreme events such as thermal runaway than Lithium Werks’ LFP chemistry.

Additionally, Lithium Werks’ modules use smaller cylindrical cells, making the energy released is minimal compared to the large format NMC cells. This further increases the safety of its battery system.

Lithium Werks has spent over 20 years perfecting its LFP chemistry to now provide the perfect combination of inherent safety, power and energy density, along with class-leading lifetime in a modular, scalable package that does not require complex cooling systems.

More details at https://lithiumwerks.com

-- BERNAMA

SARAWAK ENERGY JOINS LEAGUE OF LEADING INTERNATIONAL BRANDS THAT ARE EVOLVING IN 4IR

KUALA LUMPUR, Oct 16 (Bernama) -- SAP, the world’s largest enterprise applications provider, has called upon local businesses to make the transition into becoming ‘intelligent enterprises’ to realise greater productivity and efficiencies in the 4th Industrial Revolution (4IR). “Intelligent enterprises are empowered to help maximize the value of an enterprise's data assets and turn the data into precious insights that help empower employees to operate with increased visibility, focus and agility,” said Rachel Barger, Chief Operating Officer, SAP Asia Pacific and Japan. “Intelligent enterprises are better equipped to respond to individual customer needs, engage talent in new ways and create disruptive business models that are critical industry imperatives,” she added, mentioning Sarawak Energy Bhd (Sarawak Energy) as a “visionary intelligent enterprise” that stands to thrive in the Fourth Industrial Revolution. Sarawak Energy generates, transmits, distributes and retails electricity on behalf of the state of Sarawak. “Sarawak Energy’s core business activities revolve around the generation, transmission, distribution and retail of electricity. We generate power by capitalising on Sarawak’s abundant indigenous resources – hydro, coal and gas – and supply electricity to our customers throughout Sarawak and beyond through an extensive network,” its senior manager (applications portfolio) Zaliha Mohd-Ali said during a presentation at the Intelligent Enterprise Conference held recently. “Technology is integral toward our vision of ‘transforming Sarawak Energy into a digital utility powerhouse’, and one of our core foundations is based on SAP,” said Zaliha, adding that the company has installed various SAP applications enterprise-wide. She cited the integrated human resources management system called the ‘Sarawak Energy People System’ as an example of improving productivity among employees. “Previously, all the different tools were in various areas. Now that we have consolidated them into one encompassing system, employees can save more time and resources,” she said, explaining that, among others, employees have access to performance tools on their mobile devices. “Even leave application can be made from their mobile devices,” Zaliha added. Sarawak Energy has also embraced SAP Concur in an effort to gain more visibility into its travel and expense (T&E) spend, while also providing employees with user-friendly experiences through an integrated travel and expenses management solution. SAP Concur is renowned for its completely connected spend management solution encompassing travel, expense, invoice, compliance and risk. On its fleet management system based on the SAP Leonardo Vehicle Insights digital innovation system, Zaliha said that they are now fewer accidents involving Sarawak Energy vehicles and this has resulted in increased safety awareness of drivers due to the IoT (internet-of-things) technology which helped monitoring vehicles in real time. Sarawak Energy is also currently studying SAP S/4 HANA for as part of its ongoing digital transformation,” Zaliha said. “SAP S/4 HANA helps to reduce obstacles associated with legacy enterprise resource planning applications,” said Barger, adding that the intelligent suite of applications and platform from SAP is ‘future ready’ and helps enterprises quickly adopt advanced technologies. Today, SAP serves 437,000 customers in more than 180 countries worldwide, including 92% of Forbes Global 2000 companies and 98% of the 100 most valued brands. Source: SAP Malaysia

Verrency appoints Namita Bhide as Asia Pacific commercial director

KUALA LUMPUR, Oct 23 -- Namita Bhide, a seasoned leader in financial services technology, has joined Verrency, a global payment innovation company, as commercial director (Asia Pacific), based in Singapore.

She will leverage her extensive digital banking expertise to drive Verrency’s continued growth in Singapore and the region as the company accelerates its global strategy, increases market share and adds new customers and partners.

Bhide has over 20 years of experience in innovation, payments, digital transformation and risk and compliance across both buy and sell-side business lines.

Verrency founder and chief executive officer, David Link said: “We are excited to have Namita join our team to help drive our growth across Asia and guide our customer strategy as we invest more in Singapore and the ASEAN region.”

Bhide said: “I look forward to working with David and the Verrency team to drive real innovation for the banks in the region, including digibanks, new banking service providers and most importantly, their customers.”

She founded Denim Consulting, a boutique creative banking consulting firm, offering advisory services to a range of corporate, financial technology and regulatory technology clients, where she currently serves as managing director.

More details at https://www.verrency.com/

-- BERNAMA

HOW COMPANIES LEVERAGE TECHNOLOGY TO INNOVATE

CHICAGO, Oct 23 (Bernama-BUSINESS WIRE) -- In 2018, 78% and 65% of households in developed and emerging markets, respectively, possessed a smartphone. Both rates are expected to exceed 90% by 2028, according to global market research firm Euromonitor International.

Euromonitor International’s new white paper, “Digital Disruptors: Leveraging Tech to Innovate,” explores disruption in the digital era across streaming services, delivery, ride-hailing, digital wallets and social media.

“Widespread connectivity, rising smartphone possession and new technologies are reshaping consumer markets,” says Michelle Evans, senior head of digital consumer at Euromonitor International. “Companies need to adopt a strategy that includes renovation, innovation as well as disruption tactics to remain competitive.”

The white paper profiles cutting-edge companies, such as Netflix, Grab and WeChat, that are pushing the boundaries of innovation. Global consumers, for example, will spend more than $108 billion on digital streaming services in 2019.

“Even leaders in a new market or category must continue to work to stay relevant and find new areas of growth,” says Evans. “The first-mover’s advantage doesn’t guarantee long-term success.”

Download Euromonitor International’s free white paper to learn from best-in-class digital disruptors and develop a strong business strategy for the tech-driven future.

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.

http://mrem.bernama.com/viewsm.php?idm=35892

Efinix® to showcase Trion® MIPI solutions in Taipei

KUALA LUMPUR, Oct 16 -- Efinix®, an innovator in programmable product platforms and technologies will demonstrate its solutions at MIPI DevCon Taipei on Oct 18.

Efinix MIPI-enabled Trion FPGAs are flexible and programmable platforms that can perform complex video processing for mobile, machine vision, robotics, automotive and surveillance applications.

Trion FPGAs are designed and developed to deliver high volume production of cutting-edge products and applications in edge, compute and acceleration.

At its core is Efinix’s Quantum™ architecture, the solutions deliver low power, small form factor and cost advantages.

Trion FPGAs with MIPI support a range of applications from simple bridging and to complete AI applications.

They can synchronise and process images from multiple cameras or sensors, as well as act as a pre-processing hub or hardware accelerator in a bigger system.

The Trion T20 MIPI Development Kit with an example design using a Raspberry Pi board and camera is available now on https://www.efinixinc.com/t20mipi

-- BERNAMA

'Shaanxi in the Eyes of the Overseas Media 2019' held in Xi´an, China

KUALA LUMPUR, Oct 23 -- The Information Office of Shaanxi Provincial People’s Government recently hosted the four-day ‘Shaanxi in the Eyes of the Overseas Media 2019’, beginning Oct 14 in Xi’an, China.

During the event, an interview group, comprising reporters from overseas media agencies, was able to observe examples of Shaanxi’s rapid development and change in industrial manufacturing and agriculture, as well as in environmental protection, culture and sports.

The group visited Xi'an, Baoji, Weinan and the Yangling Agricultural Hi-tech Industries Demonstration Zone, as well as some other places.

It also visited some enterprises and parks, including the Shaanxi Automobile Commercial Vehicle Group, the BYD Xi'an New Energy Industrial Base and the Yangling Professional Farmer Entrepreneurship and Innovation Park.

At the BYD Xi'an New Energy Industrial Base, reporters visited the new energy automobile production workshop, enjoying a test drive in BYD's new-generation new energy car, the Tang EV.

South Korea's Asia Economy reporter, Park Sun Mi said: “These enterprises have developed very well, and impressed me. I went on a test drive in a BYD new energy car. It is dynamic and really powerful, as well as environment-friendly.”

In the Yangling Professional Farmer Entrepreneurship and Innovation Park, the reporters observed examples of modern agricultural development in China when they had a chance to taste some greenhouse-cultivated fruits and vegetables.

-- BERNAMA

INTRODUCING REFRACT SOLUTIONS

Refract Solutions established to offer institutional-grade services across all phases of the digital asset lifecycle.

SINGAPORE, Oct 22 (Bernama-GLOBE NEWSWIRE) -- To meet the growing demand from institutions for blockchain-based asset issuance, treasury management, and trading a new group has formed offering mission critical services: Refract Solutions ("Refract")

Digital assets bring the promise of interoperable, transparent, and automated markets but no platform to date has been able to seamlessly connect all aspects of the market from primary issuance to secondary trading. By linking asset tokenization to underlying custody, cash settlement, and market liquidity Refract Solutions is delivering the best-in-class offering available to the blockchain industry and beyond.

Formed by the serial entrepreneurs originally behind crowdfunding platform Katalyse and licensed exchange CEZEX, Refract Solutions is honing its focus on digital securities offerings including equity, bonds, derivatives, and beyond. These services are enabled by a suite of strong banking, custodial, and regulatory partnerships that enable Refract to sponsor asset issuers for subsequent secondary market listing.

Refract Solutions is composed of three seamlessly linked platforms:

- Lens Tokenization: Enables issuers of digital securities simplicity in investor onboarding, encoding logic into token smart contracts, ongoing administration and compliance, and more.
- Prism Financial: Delivers secure custody, lending, brokerage, and cash settlement solutions through a simple and easy-to-use interface designed for enterprise issuers.
- Lucent Exchange: Asia’s first fully licensed and regulated exchange for trading of digital securities including stocks, bonds, and derivatives.

Follow Refract Solutions on LinkedIn and Medium to receive real-time updates on the launch of new products and services.

http://mrem.bernama.com/viewsm.php?idm=35876

GMAC report examines immigration roles in fuelling global economy productivity, growth

KUALA LUMPUR, Oct 15 -- The Graduate Management Admission Council (GMAC) has unveiled the ‘Early Warning Signals: Winners and Losers in the Global Race for Talent’ report, an annual snapshot of admission trends for graduate business programmes.

The report examines the role immigration plays in fuelling the productivity and growth of global economies, need to support international mobility of talent across borders and the critical role business schools play as gatekeepers to skilled immigration and talent development.

The report analyses data in the United States (US), Canada, the United Kingdom, India and China, and includes the latest business school application data which was also released by GMAC via the Application Trends Survey Report 2019.

Calling attention to the particular challenges the US faces, 63 chief executive officers (CEOs) and deans from a broad cross-section of business schools across the country have signed an open letter calling for a substantial change in the US approach to high-skilled immigration.

The signatories are proposing pro-growth policy reforms by removing ‘per-country’ visa caps, modernising the visa processing system and reforming the H-1B visa programme to make it possible for needed talent to have a reasonable chance of gaining entry to the US.

“Policy makers also have a responsibility to seed an environment conducive to student mobility. By doing so, they unlock innovation while helping to maintain diversity in the classroom, a critical aspect of graduate management education,” said GMAC president and CEO, Sangeet Chowfla.

GMAC is an association of leading graduate business schools worldwide. It provides world-class research, professional development opportunities and assessments for the industry, designed to advance the art and science of admissions. More information at https://www.gmac.com.

-- BERNAMA

AgroSavfe CEO presentation at ABIM 2019 in Switzerland, Oct 22

KUALA LUMPUR, Oct 15-- AgroSavfe NV chief executive officer, Patrice Sellès will give a presentation at the Annual Biocontrol Industry Meeting (ABIM) 2019 on Oct 22, in Basel, Switzerland.

ABIM is a joint project of the International Biocontrol Manufacturers Association and the Research Institute of Organic Agriculture. The event will be held for three days, beginning Oct 21.

AgroSavfe is a rapidly growing and transformative Food and Crop protection company developing a new generation of protein-based biocontrols.

More information at https://agrosavfe.be and https://www.abim.ch/home.html.

-- BERNAMA

CSC among Top 10 Legal Tech Consulting/Services Companies in 2019

KUALA LUMPUR, Oct 15 -- CSC is named one of Top 10 Legal Tech Consulting/Services Companies in 2019 by APAC CIO Outlook.

This honour is given to a few selected companies that have earned the trust from the legal community in APAC, according to a statement.

“We are excited to be among the Top 10 Legal Tech Consulting/Services Companies in Asia. CSC has done a lot in creating awareness on the importance of securing digital assets, including domain names,” said regional sales director (APAC), Jayce Yeo.

CSC was chosen through a multi-layered process, including input from a panel of evaluators and subscriber feedback, of which APAC CIO Outlook has over 60,000, comprising CIOs, CTOs, heads of legal operations, practice heads and chief privacy and information security officers.

CSC is featured in the magazine’s cover story, ‘Your Brand: Secured!’, discussing the importance of digital asset security, which is currently available on https://www.cscdigitalbrand.services.

It also supports companies making significant investments in their security posture by exposing blind spots that exist within fundamental internet assets such as domain names, DNS and digital certificates.

-- BERNAMA

OFFICIAL OPENING OF UNITED CAPS MANUFACTURING PLANT IN MALAYSIA POSITIONS COMPANY AS A GLOBAL PLAYER WITH CONTINUING GROWTH

New Malaysian plant is part of company’s ‘Close to You’ strategy; brand-new 127 SAFE-TE closure for baby food safety launched during event.

WILTZ, Luxembourg, Oct 21 (Bernama) -- UNITED CAPS, an international manufacturer of caps and closures, today reported that it held a formal grand opening for its new manufacturing plant located in Kulim, Malaysia. This plant positions UNITED CAPS as a global player with continuing growth, opening new opportunities in the Asian market with its ‘Close to You’ strategy.

During the event, UNITED CAPS launched a brand-new product designed specifically to meet the needs of the Asian market. 127 SAFE-TE breathes new life into baby food safety and convenience with impenetrable security features and a premium gold colour offering.

“We were pleased to welcome a large group of invited dignitaries and guests to the grand opening of our new plant in Kulim, Malaysia, yesterday,” says Benoit Henckes, CEO of UNITED CAPS. “The decision to build this plant was part of our Close to You strategy to better serve the Asian market. This proximity enables us to shorten delivery times and focus on products that are the most relevant to this important market region, as demand for our products continues to grow. It was also an opportunity to launch a new product, 127 SAFE-TE, our next-generation closure for infant nutrition. As we celebrate our 80th anniversary, we are also celebrating our transition from a European to a fully global organisation. The event was carried out live in all of our other subsidiaries throughout Europe as well.”

Congratulating United Caps Kulim on its opening, Dato’ Azman Mahmud, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) said, “We are excited that UNITED CAPS is committed to Malaysia by establishing its first state-of-the-art manufacturing outfit outside of Europe to serve its customers in the entire Southeast Asian region. We are proud to be part of this endeavour. As at June 2019, MIDA has approved a total of 19 manufacturing projects from Luxembourg worth more than RM 1.4billion of investments into Malaysia.”

“We trust that this project will serve as a catalyst for us to further engage with more stakeholders in strategising the way forward for the industries to adopt elements of Industry 4.0. MIDA would like to thank the company for its confidence in Malaysia’s capability. We will continue to work closely with other government agencies in providing our full support to ensure the growth of the company in the country,” added Dato’ Azman.

As the market reference for snap caps and scoops for tins of infant milk powder over the past 80 years, UNITED CAPS continues to develop and improve its line of infant nutrition closures. The new SAFE-TE line takes UNITED CAPS offerings for infant nutrition products to the next level, addressing the need in the Asian market for increased tamper evidence

(TE) indicators and a more premium look. Like our popular PROTECSCOOP, SAFE-TE is a flip-top hinged closure whose innovative design allows easy preparation of infant feeding bottles. 127 SAFE-TE’s tamper-evident band presents highly visible evidence of any tampering with a unique ‘drop down’ lock that makes it incredibly obvious if the product has been opened. Thanks to the new flex band, it is literally impossible for a malevolent actor to remove the closure, tamper with the contents, and return the closure to its original condition. UNITED CAPS’ award-winning anti-counterfeiting solutions add even greater levels of reassurance. SAFE-TE’s contamination-free foil-sealed chamber protects the included scoop until use, and an integrated hook keeps the scoop handy for further use. SAFE-TE is offered in the four standard UNITED CAPS colours plus a premium gold, which offers the overall look of higher quality and standout shelf appearance that is a growing requirement in Asian markets. Advanced in-mould labelling options further enhance opportunities for brands to differentiate themselves. For brands implementing SAFE-TE, there are minor or no changes required to existing capping/filling lines. 127 SAFE-TE is available in 127 mm, with a 99 mm solution in the pipeline. “We were extremely pleased with the attendees’ warm reception of the new SAFE-TE line, which will be available in both Asian and European versions,” adds Henckes. “We look forward to getting this product to the market, and to welcoming other visitors to see our state-of-the-art facilities.” Production of SAFE-TE for the Asian market will begin in Kulim in September 2020.

80 Years Young

Reaching its 80th anniversary is a significant milestone that UNITED CAPS is celebrating throughout 2019. “Our long heritage in continued success in this business is a powerful endorsement of the level of knowledge and expertise we have been able to accumulate over the years,” Henckes remarks. "Our legacy is one of the progress, but we are certainly not resting on our laurels. We are looking ahead to continued and significant innovation during our next 80 years, with a platform designed to continue our growth and progression. We are excited about what comes next!"

For more information about products and services from UNITED CAPS, please visit www.unitedcaps.com.

ABOUT UNITED CAPS
UNITED CAPS is a global industry reference for the design and production of high performance plastic caps and closures. Extensive innovative capabilities and a broad portfolio of advanced standard and bespoke solutions make UNITED CAPS a preferred partner for the world’s leading companies. We support our customers’ value chain by safeguarding product integrity, assuring safety and consumer health, and ultimately protecting brand reputation. As a highly dynamic and flexible family-based group, UNITED CAPS offers end-to-end solutions to serve a wide range of applications and markets around the world. The company is headquartered in Luxembourg and has manufacturing facilities in Belgium, France, Germany, Hungary, Ireland, Luxembourg, Malaysia and Spain. Employing almost 600 people, UNITED CAPS’s turnover amounts to 149 million Euros (as at end 2018).

www.unitedcaps.com 

Photos from the event can be downloaded here:
https://wetransfer.com/downloads/6096f9e2183d4964301ed52e26f94d44201910
18104533/2eea48663f297feb9a61d4e4d2cb0b8020191018104533/7e670e

SOURCE: Malaysian Investment Development Authority (MIDA) 

Vista Global unveils largest, longest range business jet

KUALA LUMPUR, Oct 22 -- Vista Global, the world’s first private aviation ecosystem has announced an investment for up to six Global 7500 aircraft to enter its VistaJet fleet, beginning January, next year.

“Vista Global is the first and only group to offer passengers access to the ultimate business flying machine, the Bombardier Global 7500,” said founder and chairman, Thomas Flohr.

“The 7500 is a truly unrivalled jet when it comes to speed, space and innovation, and being able to offer it to our Members ensures that we continue to lead the way in transforming the aviation industry.”

Vista Global has become the first company to commercially offer access to the largest and longest range business jet available in the market, whereby VistaJet is the first and only company to offer customers access to a fleet of Global 7500s.

The Global 7500 will provide Vista Global customers with an unrivalled business aviation machine. It has set the record for the longest mission ever flown in a non-stop flight of 8,225 nm, setting the long-range speed record between Sydney and Detroit, Michigan.

It is the only business jet with four living spaces, including a permanent private stateroom suite at the back of the aircraft. Food will be freshly prepared in the air, offering the freedom of cooking Michelin-inspired menus the way customers intended to be.

VistaJet Members will have the opportunity to request the Global 7500 immediately for flight services commencing in January. Throughout the year, the company will build its portfolio of 7500s and operate a fleet of up to six by the end of 2020.

More information at https://vistaglobal.com.

-- BERNAMA

´Smart Rail Connecting the Future´ expo takes off in Changsha, China

China's first self-developed magnetic levitation train for commercial use.

KUALA LUMPUR, Oct 18 -- The 2019 China International Rail Transit & Equipment Manufacturing Industry Exposition (InteRail Expo) begins today, at the Changsha International Convention and Exhibition Center in Central China's Hunan Province.

The three-day event themed ‘Smart Rail Connecting the Future’ will showcase new technologies and innovations offered by the global rail transit and equipment manufacturing sectors.

According to the Organizing Committee of the China International Rail Transit & Equipment Manufacturing Industry Exposition, CRRC, Bombardier, Siemens and Wabtec have confirmed their attendance.

The exhibition will also display rail transit vehicles and their inferiors, engineering design and testing services, and equipment for railway, tunnel and bridge construction.

During the expo, business attendees will be invited by the organiser to visit Zhuzhou, a city of Hunan and significant companies based in the province by mag-lev train and autonomous rail rapid transit.

The event is expected to be joined by governmental officials and representatives of business associations and enterprises from nearly 20 countries, including Germany, France, Japan, South Korea, India, Malaysia, Indonesia, Vietnam and Singapore.

There will also be a summit and matchmaking session for professionals and the first-time-ever Directory of High-level Talent Demands in the Rail Transit and Equipment Manufacturing Industries issued.

-- BERNAMA

Indonesia´s TUGU affirmed with excellent credit ratings - AM Best

KUALA LUMPUR, Oct 14 -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of PT Asuransi Tugu Pratama Indonesia, Tbk (TUGU), Indonesia.

The negative outlook of these credit ratings reflects TUGU’s balance sheet strength, which AM Best categorised as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

The ratings also factor in a neutral impact from the company’s ultimate majority ownership by Indonesia’s government, according to a statement.

The negative outlooks reflect AM Best’s ongoing concern over the company’s risk management and its ability to manage enterprise-wide risks and operations effectively.

TUGU’s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, which remains at the strongest level, as measured by Best’s Capital Adequacy Ratio. Internal capital generation over recent years, along with a capital raising in 2018, has strengthened its capital base and continued to support business expansion.

AM Best views TUGU’s operating performance as strong. The company reported five-year average combined and operating ratios of 82 per cent and 64 per cent, respectively (2014 to 2018).

A significant contributor to the company’s underwriting profits has been its corporate business from PT Pertamina (Persero), TUGU’s immediate parent and Indonesia’s national integrated energy company.

AM Best is a global rating agency and information provider with an exclusive focus on the insurance industry. More information at www.ambest.com.

-- BERNAMA

JUNIPER RESEARCH: MOBILE MIXED REALITY MARKET VALUE TO EXCEED $43 BILLION BY 2024, DRIVEN BY 5G & EDGE COMPUTING

Market to Grow 450% Over Next 5 Years


BASINGSTOKE, England, Oct 22 (Bernama-BUSINESS WIRE) -- A new study from Juniper Research has found that the global value of the mobile mixed reality market will exceed $43 billion by 2024, rising from $8 billion in 2019. Mixed reality overlays interactive digital images and videos onto the real word through a smartphone, tablet or smart glasses.

The new research, Augmented & Mixed Reality: Impact Assessments, Sector Analysis & Forecasts 2019-2024, identified 5G networks and edge computing as two key emerging technologies that will accelerate the development of mixed reality services in 2020.

For more insights, download our free whitepaper: How to Jump Start Mixed Reality.

Emerging Technologies to Usher in Second Wave of Smart Glasses

The research urged smart glasses vendors to incorporate hardware to enable 5G and edge computing capabilities. It forecast that the enhanced content and services enabled by these technologies would usher in the second wave of smart glasses adoption by increasing the end users’ capabilities.

The research also argued that leveraging cloud computing capabilities to deliver high-value mixed reality content is crucial to future success. It forecast that migrating processing power to the cloud would enable device vendors to reduce device sizes and minimise the social cost of public device use. It further forecast that mobile games multimedia apps categories will benefit most over the next five years, accounting for 67% of all smart glasses apps by 2024.

Smartphone Mixed Reality to Account for 75% of Consumer Revenues by 2024

The research forecast that 75% of consumer mixed reality will be attributable to smartphone apps by 2024. It found that the immediate base of nearly 6 billion smartphone users, combined with established content distribution in the form of app stores, will drive content development to smartphone devices.

Research author Sam Barker remarked, “We expect social media applications to account for 40% of all consumer mixed reality revenues by 2024. Third party content delivered on these apps has been key to their success, therefore investment in content development frameworks will increase their app’s content library with minimal investment”.

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20191021005551/en/

Contact

For further details please contact Sam Smith, Press Relations
T: +44(0)1256 830002
E: sam.smith@juniperresearch.com

Source : Juniper Research

LUBRIZOL ANNOUNCES ESTANE® TPU CO-BRANDING NETWORK FOR THE PAINT PROTECTION FILM INDUSTRY

CLEVELAND, Ohio, Oct 22 (Bernama-GLOBE NEWSWIRE) -- Lubrizol Engineered Polymers has created a co-branding network to promote its ESTANE^® TPU brand of polymers for Paint Protection Film (PPF) applications through collaboration with global partners. Lubrizol, the inventor of TPU for commercial use, is a market leader serving the PPF industry with more than 30 years of demonstrated performance from its ESTANE^® TPU brand, which has defined the industry standard.

Partners within the co-branding network will be authorized to promote the “Made With ESTANE^® TPU” brand mark with film produced from ESTANE^® TPU. By featuring the ESTANE^® brand mark on packaging and promotional materials, film producing partners will be able to provide validation that their product is of the premium quality and performance that has become associated with the ESTANE^® brand. The goal of this co-branding network is to help discerning PPF manufacturers and brand owners recognize top quality solutions by differentiating film produced with ESTANE^® TPU from alternatives.

“Through the new co-branding network, we’re well positioned to serve the needs of the growing PPF industry,” says Peter Kirk, Global Surface Protection Marketing Manager, Lubrizol Engineered Polymers“ We are helping the industry and our partners grow by leveraging the strong reputation of ESTANE^® TPU, which is backed by Lubrizol’s deep material science and film processing expertise”.

To learn more information about ESTANE^® TPU for Paint Protection Film applications visit go.lubrizol.com/PPF

About Lubrizol Engineered Polymers

Lubrizol Engineered Polymers offers one of the broadest portfolios of engineered polymers available today including resins that are bio-based^*, recyclable^**, light stable, flame retardant, adhesive, chemically resistant, optically clear and fast cycling. In 2019, our ESTANE^® TPU brand celebrates 60 Years Strong. Our technology crosses many industries and applications, including surface protection, power and fluid systems, sports and recreation, wearable devices, electronics and automotive. For more information, visit www.lubrizol.com/engineeredpolymers or contact engineeredpolymers@lubrizol.com.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers’ products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers’ success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,700 employees worldwide. Revenues for 2018 were $6.8 billion. For more information, visit Lubrizol.com.

*Bio-based content as certified in accordance with ASTM D-6866.             
**Recyclability is based on access to a readily available standard recycling program that supports such materials. Products may not be available in all areas.

All marks are owned by The Lubrizol Corporation. The “Made With ESTANE^® TPU” mark is permitted for use by Lubrizol’s PPF co-branding partners through license agreement only.

Websites
go.lubrizol.com/PPF
www.lubrizol.com/engineered-polymers
www.lubrizol.com

Media Contacts
Lubrizol Engineered Polymers
Nicholas Galioto
ngalioto@lubrizol.com
+1 216 447-7382

Source: Lubrizol