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Buyer registration Link HONG KONG SAR - Media OutReach - 18 October 2023 - Organised by the Hong Kong Trade Development Council (HKTDC), the 25th Hong Kong International Lighting Fair (Autumn Edition) and the 8th Hong Kong International Outdoor and Tech Light Expo will be held on 27-30 October at the Hong Kong Convention and Exhibition Centre and 26-29 October at AsiaWorld-Expo respectively. Under the theme "Light up Every Opportunity", the twin lighting shows gather more than 3,000 exhibitors from 37 countries and regions, presenting buyers with an extensive array of the latest products and solutions. Debut "Connected Lighting" Zone at the Autumn Lighting Fair The 25th Autumn Lighting Fair this year introduces the Connected Lighting Zone, highlighting smart and IoT-enabled lighting solutions from more than 20 renowned international companies and brands, including Leedarson, Midea, Snappy, Quectel, as well as members of DALI Alliance and Shanghai Pudong Intelligent Lighting Association. Highlighted products include: Smart Linear Strip Light (Shenzhen Dimi Lighting Co Ltd) The Smart Linear Strip Light boasts a long lifespan of over 50,000 hours and provides 90+ minutes of emergency illumination. Its scenic technology offers a variety of selectable scenes that can be conveniently saved for future use. The Strip Light features a patented Smart Sensor with a plug-in design, enabling daylight sensor control. Furthermore, users can easily manage the lighting through the Tuya app and Bluetooth connectivity, enhancing the overall user experience. Matter Lights Collection (Leedarson IoT Technology Inc.) Introducing the Linkind A60 Smart LED Light Bulb with WiFi App Control and Timer Function. Easily manage your lighting through the "Aidot" app (available on App Store and Google Play), allowing you to turn lights on or off, adjust brightness, set color temperature, and schedule routines from anywhere. The bulb is compatible with Alexa and Google Home, enabling voice control for ultimate convenience. With 16 million colors, 2700K-6500K adjustability, and power equivalent to a 60W halogen while saving 85% on electricity, this RGBW E27 LED light bulb offers versatile illumination for any occasion. Preset scenes and group control options make it easy to create the perfect atmosphere. Enjoy flicker-free, customizable lighting with the Linkind A60 Smart LED Bulb. One-stop Matter Solution (Shanghai Quectel Communication Technology Co., Ltd.) As a leading solution provider in the smart home market, Quectel offers a comprehensive one-stop Matter solution that addresses technical and service challenges for manufacturers across five key aspects: modules, apps, platforms, certifications, and production. By tackling pain points at each of these levels, Quectel's comprehensive solution accelerates the development and market readiness of Matter-compatible home products for manufacturers. Through the provision of full-chain technical services, Quectel ensures that customers enjoy a more stable, seamless, secure, and multifunctional smart device connectivity experience. Power Supply (Intelligent Control Series, Ningbo Snappy Optoelectronics Co.,Ltd.) The Intelligent Control Series offers a range of advanced dimming options, such as 3-1 dimming and triac dimming. The series is also compatible with various lighting control system, such as DALI 2.0, Zigbee, and Casambi, making it ideal for hotels, home furniture, bedrooms, shopping malls, and office buildings. Other zones include Hall of Aurora, Residential Lighting, LED Lighting, Smart Lighting and Lighting Solutions, Commercial Lighting, and LED Essentials. Connected Lighting Forum Unveils Industry Trends The Connected Lighting Forum will be held on 27 to 28 October at HKCEC. The session themed "Unlocking New Realms in Connected Lighting" features Ms. Mona Xiong, a Board Member & Marketing Committee Member of Connectivity Standards Alliance, to discuss how "Matter" revolutionises smart homes and bridging the lighting industry to the connectivity landscape. Experts from leading academia and professional organizations also discuss how habitat lighting, AIoT-enabled human-centric architecture, and smart system integration foster well-being, in the "Smart Lighting for Healthy Living" session. Outdoor Lighting and Tech Light Expo Spotlights Sustainable Lighting Design The concurrent Hong Kong International Outdoor and Tech Light Expo, will be held from 26 - 29 October at the AsiaWorld-Expo. Exhibits are categorised into zones, including Exterior Lighting Solutions and Systems, Horticultural Lighting, Innobuild, Outdoor Advertising Lighting, Outdoor and Public Lighting as well as Technical and Professional Lighting to facilitate a plethora of business opportunities for buyers and exhibitors alike. The "A Greener Future in Hong Kong: Sustainable Urban Design and Energy Solutions" seminar will also be held. The fairs will be held in EXHIBITION+ hybrid model, complemented by the "Click2Match", an online smart business matching platform that will operate from 19 October to 6 November, providing a convenient and efficient platform for traders to connect. In addition, the fairs will introduce the "Scan2Match" which enables offline-to-online connections. By using the HKTDC Marketplace App, buyers can scan the dedicated QR codes of exhibitors to bookmark their favorite exhibitors, browse product information, view e-floor plans, and chat with exhibitors even after the fair to continue the sourcing journey. Fair websites Hong Kong International Lighting Fair (Autumn Edition): hktdc.com/hklightingfairae/en Hong Kong International Outdoor and Tech Light Expo: hktdc.com/event/hkotlexpo/en Hashtag: #hktdc #hktdcfairs #hktdcLightingFair #hklightingfair #LightingProducts #IOTLE #LFAE #ConnectedLighting #HKLightingThe issuer is solely responsible for the content of this announcement.
SEOUL, South Korea, Oct. 18, 2023 /PRNewswire/ -- Yuyu Pharma will be attending CPHI Worldwide in Barcelona, Spain from October 24th to October 26th. Yuyu Pharma to attend ‘CPHI Worldwide 2023’ The Yuyu Business Development team will be able to meet great partners at booth #7G30 in the Korean Trade Association pavilion to introduce Yuyu's export products such as its modified new drug Maxmarvil EC Tablet, Yuhylyx soft capsules, Yuvaro, and Senuvela Tab, among others. In particular, Yuyu will focus on promoting projects currently under development, such as a reduced sized Dutasteride and Dutasteride-Tamsulosin combination drug. These projects are being developed with the goal of entering the U.S. and European Benign Prostate Hyperplasia Danny Kang, Export Manager at Yuyu said "As always, we look forward to having active discussions with partners at our CPHI booth. And hope to meet new potential partners as well." About Yuyu Pharma With over 80 years in the healthcare industry, Yuyu Pharma (KRX: 000220) is a rapidly scaling global pharmaceutical company founded in Seoul, South Korea. Yuyu is committed to developing innovative therapeutics in the areas of neurology, dermatology, urology, and ophthalmology. Yuyu's Mission is to improve the quality of life and enhance well-being for all individuals by developing innovative healthcare products and services.
Strengthening U.S. government libraries with comprehensive solutions across Clarivate LONDON, Oct. 18, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform their world, today announced the renewal of its contract with the Federal Library and Information Network (FEDLINK). This contract is in addition to the contract agreed with ProQuest, part of Clarivate™. Together these commitments will equip government libraries and information centers with premier workflow management tools and cutting-edge research and discovery solutions. FEDLINK, a consortium of federal agencies, is dedicated to harnessing the collective power of federal libraries and information centers. By encouraging shared services and promoting efficient utilization of resources, FEDLINK provides a pivotal platform for discussions on policies, practices and technologies that influence federal libraries, ensuring they effectively serve their agencies, the Congress, the judiciary and the public at large. Jonathan McDonald, Senior Vice President, Global Public Sector, Clarivate said: "Clarivate enables government agencies to think forward and make informed decisions, drive innovation and promote economic progress. Our continued relationship with FEDLINK is a testament to our capabilities as a trusted source of data intelligence." FEDLINK has access and benefits from a range of Clarivate solutions and products including: Research analytics, evaluation and management solutions including Web of Science™, Pivot-RP, Converis™, InCites Benchmarking & Analytics™ and Journal Citation Reports™. Information solutions that are designed to help libraries stretch resources, increase their capacity to serve more needs and adapt quickly to government funding with products including ProQuest Central™, ProQuest One™ Academic, ProQuest™ and collections that span across law and government. ProQuest Books, which enables librarians to connect their users with expertly curated content, workflow efficiency and choice. The contract builds on an existing agreement that features products from the Intellectual Property and Life Sciences & Healthcare segments. In addition to FEDLINK, Clarivate has contracts with multiple U.S. government departments, including the U.S. Department of Energy (DOE), the Food and Drug Administration (FDA), U.S. Patent and Trademark Office and the National Science Foundation (NSF). About Clarivate Clarivate is a leading global information services provider. We connect people and organizations to intelligence they can trust to transform their perspective, their work and our world. Our subscription and technology-based solutions are coupled with deep domain expertise and cover the areas of Academia & Government, Life Sciences & Healthcare and Intellectual Property. For more information, please visit clarivate.com Media contact:Rachel Scheer, External Communications Director, Academia & Governmentnewsroom@clarivate.com
LONDON and NEW YORK, Oct. 18, 2023 /PRNewswire/ -- The Ad Hoc Group of Bondholders (the "Group") of the Republic of Sri Lanka ("Sri Lanka") has taken note of the progress Sri Lanka has made with its official sector creditors towards reaching an agreement in principle on a debt treatment within the framework of its IMF Programme. Consistent with the Group's February 3, 2023 statement of financing assurances, and in line with the objectives which have been expressed by official and private sector participants in the Global Sovereign Debt Roundtable to facilitate more efficient and equitable sovereign debt restructuring processes, the Group remains committed to working with the Sri Lankan authorities as quickly as possible to find a sustainable solution to Sri Lanka's debt challenges as they relate to its international bond debt. To that end, the Group, acting through its Steering Committee, recently proactively submitted its own restructuring proposal relating to Sri Lanka's outstanding international bonds. The proposal, which provides upfront debt relief, includes a menu of new securities that would be offered to the holders of the existing bonds, including a "Macro-Linked Bond" ("MLB"). The MLB is an innovative new instrument that is designed to be liquid and index-eligible and whose payouts are linked to the evolution of Sri Lanka's gross domestic product. This design seeks to ensure both that the instrument is acceptable to bond market participants and that its cash flows will at all times comply with the Debt Sustainability Analysis targets embedded in Sri Lanka's IMF Programme in a range of future macroeconomic scenarios. The Group believes that its proposal, including the MLB, will contribute to restoring Sri Lanka's debt sustainability and, at the same time, will command broad support from existing holders of Sri Lanka's international bonds. The terms of the MLB included in the Group's proposal delivered to the Sri Lankan authorities are attached as Annex I and II hereto. The Group is advised by Rothschild & Co and White & Case LLP, as financial and legal advisors, respectively. Questions may be directed to: Rothschild & Co: rthsrilanka@rothschildandco.comWhite & Case LLP: WCSriLankaTeam@whitecase.com Media inquiries should be directed to Greenbrook Advisory at the addresses below: Email / Telephone: GBSriLankaBondholderGroup@greenbrookadvisory.com / +44 (0) 20 7952 2000 Annex I: Group Macro-Linked Bond Indicative Proposal (with PDI Treatment) Terms of the MLBs The debt restructuring will be consummated through an exchange offer to all holders of the 11 series of international bonds issued by the Republic of Sri Lanka (the "Republic") (collectively, the "Existing Bonds"). Holders that elect to receive the MLBs in exchange for their Existing Bonds will receive US$800 in principal amount of MLBs for each $1,000 in principal amount of Existing Bonds exchanged (i.e. 20% haircut). [10] series of MLBs will be issued by the Republic and delivered to holders of Existing Bonds that so elect to receive such MLBs. Each series of MLBs will mature on successive years, with the first series maturing on December 31, 2027 and the final series maturing on December 31, 2036. Alternately the MLBs will be issued in the form of one or more amortizing bonds to ensure adequate liquidity and index eligibility for each new series. Interest shall be payable on each series of MLBs on a [semi-annual] basis in arrears, on [December 31] and [June 30] of each year, at the following annual rates, subject to the satisfaction of the Adjustment Condition (as defined below): Series maturing in Rate of Interest 2024-2027 Rate of Interest from 2028 Cash PIK Cash Dec-27 3.75 % 4.00 % Dec-28 3.75 % 4.00 % 8.00 % Dec-29 3.00 % 4.00 % 8.00 % Dec-30 3.00 % 4.00 % 8.00 % Dec-31 3.00 % 4.00 % 9.00 % Dec-32 3.00 % 4.00 % 9.00 % Dec-33 3.00 % 4.00 % 9.00 % Dec-34 3.00 % 4.00 % 9.50 % Dec-35 3.00 % 4.00 % 9.50 % Dec-36 3.00 % 4.00 % 9.50 % Coupons will be paid [semi-annually] using a 30/360 day-count. The first coupon will accrue from the issue date of each series of MLBs and will be paid on [June 30], 2024. Under the terms of the MLBs, if the Adjustment Condition has been met (and the Republic has delivered an officer's certificate to the Trustee certifying the same), then from and including 31 [●], 2028 up to and excluding 31 [●], 2032, the interest rate and/or principal payable on the MLBs shall be decreased as indicated in Annex II. For series maturing between 2033 and 2036, coupons will revert to their original level from 2033 onwards. The Adjustment Condition shall be met if, when measured on [●] 2028, the Republic's gross domestic product at current prices in Dollars averaged for 2026/2027 (as published in World Economic Outlook) is below U.S.$[98.9] billion. In the event that GDP at current prices in Dollars is not published in the World Economic Outlook, no adjustment shall be applied. Treatment of Past Due Interest Any and all accrued and unpaid interest as of the settlement date of the debt restructuring will be compensated as follows (with the precise allocation method to be agreed): (a) [40]% paid in cash by the Republic upon settlement of the restructuring; and (b) [60]% capitalized into the New PDI Bonds. The New PDI Bonds will amortize in 4 equal instalments payable annually, commencing from the date falling one year after the issue date of such bonds. The New PDI Bond will mature on December 31, 2027. The New PDI Bonds will bear interest at a rate of [3]% per annum, payable on a semi-annual basis in arrears on December 31 and June 30 of each year. Coupons will be paid semi-annually using a 30/360 day-count. The first coupon will accrue from the issue date of the New PDI Bonds and will be paid on June 30, 2024. Annex II – Adjustment to the terms of the MLB - CORRECTED MLB Initial Terms (without adjustment) MLB adjustment depending on the level of USD GDP at current prices for 2026-2027 average # Series maturing in1 Coupon rate $[98.9]bn and above $[98.9]bn - $[96.4]bn $[96.4]bn - $[93]bn $[93]bn - $[89.5]bn $[89.5]bn - $[86.1]bn $[86.1]bn and below Up to 2027 2028 onwards (Cash) Coupon Adjustment for 2028-2032² Principal Reduction Coupon Adjustment for 2028-2032² Principal Reduction Coupon Adjustment for 2028-2032² Principal Reduction Coupon Adjustment for 2028-2032² Principal Reduction Coupon Adjustment for 2028-2032² Principal Reduction Coupon Adjustment for 2028-2032² Principal Reduction Cash PIK 1 2027 3.75 % 4.00 % n.r. n.r. n.r. n.r. n.r. n.r. n.r. n.r. n.r. n.r. n.r. n.r. n.r. 2 2028 3.75 % 4.00 % 8.00 % - - - - - 5 % - 10 % - 20 % 3 2029 3.00 % 4.00 % 8.00 % - - - - - - - 5 % - 10 % - 20 % 4 2030 3.00 % 4.00 % 8.00 % - - - - - - - 5 % - 15 % - 25 % 5 2031 3.00 % 4.00 % 9.00 % - - (2.50 %) - (4.25 %) - (6.00 %) 5 % (6.00 %) 15 % (6.00 %) 25 % 6 2032 3.00 % 4.00 % 9.00 % - - (2.50 %) - (4.25 %) - (6.00 %) 5 % (6.00 %) 15 % (6.00 %) 25 % 7 2033 3.00 % 4.00 % 9.00 % - - (2.50 %) - (4.25 %) - (6.00 %) - (6.00 %) 15 % (6.00 %) 25 % 8 2034 3.00 % 4.00 % 9.50 % - - (2.50 %) - (4.25 %) - (6.00 %) - (6.00 %) 15 % (6.00 %) 25 % 9 2035 3.00 % 4.00 % 9.50 % - - (2.50 %) - (4.33 %) - (6.00 %) - (6.00 %) 15 % (6.00 %) 25 % 10 2036 3.00 % 4.00 % 9.50 % - - (2.50 %) - (4.50 %) - (6.00 %) - (6.00 %) 15 % (6.00 %) 25 % Note 1. Indicative. Some of the individual series could be consolidated to have a soft amortizing structure (as opposed to bullet) Note 2. Downward coupon adjustment applied over 2028-2032. For series maturing between 2033 and 2036, MLB coupons will revert to their initial level from 2033 onwards
VIP ticket holders who attend Digital Art Fair's opening party on October 20 and present their 'Digital Art Fair NFT POAP' will receive a fine art print by Jonathan Jay Lee, one of Hong Kong's most sought-after illustrators The NFT will also be free to mint - via OKX Wallet - for a select number of non-VIP ticket holders who attend the opening party HONG KONG, Oct. 18, 2023 /PRNewswire/ -- OKX, a leading global Web3 technology company, today announced the launch of a limited-edition NFT, called 'Digital Art Fair NFT POAP,' available to VIP ticket holders of the Digital Art Fair's Asia Edition 2023 in Hong Kong. The fair, which takes place from October 19 to October 23 at the K11 Art & Cultural Centre, K11 MUSEA, will showcase cutting-edge digital art installations and feature Web3- and AI-focused panels and fireside chats. Built on the OKT Chain, Digital Art Fair NFT POAP will serve as a pass that unlocks exclusive privileges for VIP ticket holders of the Digital Art Fair, particularly those who attend the fair's official opening party: 'Come As Your Art.' Taking place on the 6/F at K11 MUSEA from 6:00 to 10:00 pm (HKT) on October 20, VIP ticket holders who attend the opening party and present their Digital Art Fair NFT POAP to representatives of the OKX Web3 team will receive a fine art print by Jonathan Jay Lee, Digital Art Fair's 'Artist of the Year' and one of Hong Kong's most sought-after illustrators. In addition, Digital Art Fair NFT POAP will be free to mint via OKX Wallet for a select number of non-VIP opening party attendees, who can then use the NFT to redeem OKX Web3-branded swag items. OKX Global Chief Commercial Officer Lennix Lai said: "OKX is proud to be at the forefront of the digital art space through its collaboration with Digital Art Fair. By launching Digital Art Fair NFT POAP, we are celebrating our commitment to the development of Hong Kong's thriving NFT and Web3 ecosystem. We look forward to forming more Web3-focused partnerships that seek to push the boundaries of art and technological innovation." Digital Art Fair Founder Gillian Howard said: "We chose to partner with OKX due to its impressive track record in NFT creation and issuance for various high-profile events and conferences around the world. Digital Art Fair is not just an art exhibition; it offers a rare glimpse into the future of art appreciation and collection. Through our collaboration with OKX, we have the opportunity to harness the potential of NFTs to inspire VIP ticket holders and attendees of our opening party to explore a realm where fine art and digital assets converge." Since 2021, the annual Digital Art Fair has served as a cultural destination for art and technology enthusiasts, providing an opportunity to collect digital assets and fine art while celebrating art, culture and creativity. To purchase a VIP or general admission ticket for Digital Art Fair's Asia Edition 2023, click here. For further information, please contact:Media@okx.com About OKXOKX is a leading global virtual asset exchange and Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere. As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3. Beyond OKX's exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens. OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis. To learn more about OKX, download our app or visit: okx.com DisclaimerThis announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.
LONDON, Oct. 18, 2023 /PRNewswire/ -- Outsized, the leading platform for top-tier independent talent in Asia-Pacific, Africa, and the Middle East, is thrilled to announce the successful completion of its Series A funding. Led by South African venture capital firm Knife Capital, the round also includes investment from private investors including Adrian Durham, founder of the global wealth management platform FNZ Group. Outsized Founders Niclas Thelander and Anurag Bhalla The Investment strengthens Outsized's position as the leading growth markets player in the global USD 5 billion freelance platform market. The company will grow its team, expand regionally, and accelerate product development. Connecting top independent talent with enterprises and consulting firms in high growth markets Through its AI-powered platform, the company offers enterprises access to a curated network of 25,000 vetted, top-tier independent professionals, redefining agile workforce solutions in the market. Before Outsized, platforms in growth markets focused on low-skilled, short-term gig opportunities. Now, enterprises can deploy high-quality independent consultants and teams within days. Since its pilot in 2016, Outsized has experienced remarkable growth. "As a young firm, we're already a key partner to a large number of management consulting firms and major enterprises. This funding is a game-changer, paving the way for new, innovative solutions for our clients and talent," said Niclas Thelander, Founder & CMO of Outsized. Knife Capital, Africa's leading venture capital fund, attracted to team, unit economics and the market opportunity Knife Capital, renowned for its unparalleled track record in propelling high-growth startups with an African connection from Series A to successful exits, revealed that the investment in Outsized is one of the first from its third fund. "We are extremely excited to spearhead this investment round," said Keet van Zyl, Co-Founding Partner at Knife Capital. "What really struck us about Outsized is the positive and growing unit economics and the fact that they have consistently achieved previous forecasts. Most of the future growth in the global freelance platform market will come from the very geographies and segments of the market where Outsized is already a leader, so the business is well poised." Funding fuelling ambitious growth plans Outsized has a strong product pipeline which will be fast-tracked thanks to the investment. "This investment not only accelerates our roadmap but also emphasises our commitment to improving agility and the way industries operate," said Outsized's Managing Director for Asia-Pacific, Anurag Bhalla. Outsized is committed to play an important role in shaping the workforce of the future. "At Outsized, our values of Passion, Integrity, and Accountability are more than words; they're our foundation. This investment underscores our dedication to cultivating an equitable talent economy in our regions. It's not just growth—it's a vision realised," remarked Bhalla. About Outsized Outsized is a talent-on-demand platform for top independent professionals, enabling large enterprise clients and consulting firms in Asia-Pacific, Africa, and the Middle East to implement flexible workforce models. www.outsized.com.
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