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QINGDAO, China, April 10, 2023 /PRNewswire/ -- On April 9, the closing ceremony of the 2023 Qingdao Film and TV Week & the exhibition of the "Golden Seagull" film and TV honorary works were held in Qingdao West Coast New Area. At the event site, the results of the 2023 Qingdao Film and TV Week were released, and the "Golden Seagull" film and TV honorary works were recommended and displayed. All honors were released simultaneously. As a grand event in the Qingdao film and TV industry, this session of Qingdao Film and TV is really fruitful with many highlights. Focusing on the four dimensions of technology, popularization, internationalization, and branding, and the theme of "New Technologies, New Vision, and New Film Capital", 19 activities were successfully held in five major units: "Filming the Future with Science", "Film Capital of the World", "Golden Key Startup Ventures Plan", "Sea Level Young Filmmaker Program", and "Golden Seagull". More than 800 industry guests and over 500 film and TV industry giants gathered at the event; 11 key film and TV projects were signed and settled; the policy subsidies of 23.131 million yuan were cashed out; The "Qilu Hi Shooting" TV drama shooting and production online service project was officially launched; Qingdao Haifa Culture (Group) Co., Ltd., China Mobile Migu Company Gugu Studio, and Qingdao Film Academy reached a tripartite cooperation among the college and the enterprises in terms of industry, academia, and research. Shandong Province 5G High-tech Video Innovation and Entrepreneurship Community signed a contract, with 18 enterprises settling in. All these deepened industrial cooperation and policy support.
SINGAPORE, April 10, 2023 /PRNewswire/ -- 1exchange (1X), Singapore's first MAS-regulated private securities exchange in Singapore and a member of leading integrated private market ecosystem CapBridge Financial, is pleased to announce the listing of A PLUS BOSS, a Malaysian-based business entrepreneurial platform. To celebrate this, a bell ringing ceremony was held on April 10, 2023, at the iconic SGX auditorium with the participation of honourable guests flying in from across the region. The momentous event marks 1X's first major public in-person event after a period of restricted activities due to the COVID-19 pandemic. A PLUS BOSS, a community that embraces entrepreneurs and encourages them to pursue their visions, has listed on 1X with over S$ 2 million worth of tradeable private equities. The listing process was conducted seamlessly in conjunction with the ceremony at the SGX. Dato Joe Yew Sin Yoo, CEO and Founder of A PLUS BOSS, said, "Since our establishment, A PLUS BOSS has established a strong reputation for creating an exclusive membership organisation that fosters creativity, motivation and collaboration among our privileged members – something which cannot be found elsewhere on such a large scale or with such high calibre individuals involved in. This listing is a testament to the hard work and dedication of our team and our commitment to delivering long-term value to our shareholders. Listing on 1exchange provides an ideal solution between staying private and going public; providing liquidity and flexibility for shareholders, while maintaining control of the business to drive it forward. After a smooth and efficient review process, we are proud to be officially listed on 1X. This is only the beginning of our next chapter as we continue to expand and build a holistic and dynamic entrepreneurial ecosystem." A PLUS BOSS caters to a community of highly successful individuals, who come together to share stories, experiences, and advice to help each other learn and succeed. Members can use the platform as an opportunity for networking with like-minded communities. They can also take advantage of exclusive events hosted by A PLUS BOSS to gain valuable in-depth insights into business practices and practical strategies. Victor Chia, CEO of 1X remarked, "It is an honour that A PLUS BOSS has selected 1exchange as their listing venue, to kickstart their next chapter of growth. We are based in Asia's financial capital, Singapore, listing on 1X will certainly unlock value for A PLUS BOSS and their partners, to improve visibility and credibility as a leading platform and community in the region. We look forward to supporting A PLUS BOSS and such companies as a steppingstone, for the next stage of their growth. Listing on 1X offers a variety of benefits to businesses including: cap table clean-up: declutter cap tables prior to public listing and/or sell off and convert shares into tradable shares. tradability and liquidity for shareholders: option for early investors, ESOP employees or shareholders to cash out without relinquishing ownership or control, potential exit strategy: set the stage for a public market or trade sale and a first step before being publicly listed - list on 1X to increase visibility and credibility. With its continuous efforts to improve its services, 1X is poised to support SMEs to improve their visibility and increase brand recognition among potential customers or even partners who may be interested in investing further into budding growth-orientated family businesses. Businesses keen to explore the option of private listing can find out more at www.1x.exchange.com or email listings@1x.exchange. About A PLUS BOSS Headquartered in Kuala Lumpur, Malaysia, A PLUS BOSS is dedicated to build entrepreneurs becoming the industry leader and has delivered a strong reputation for achieving more than 3,000 members to-date. The company provides practical EMBA and business-related courses to professionals, business leaders and owners. It shares the world-class business and leadership knowledge and sustains the entrepreneurial spirit of over one million SMEs in Malaysia. The Company owns the exclusive partnership with the Shanghai Action Education Technology Co., Ltd (SHH: 605098), a China A-Shares on Shanghai Stock Exchange with more than 400 intellectual property rights, more than 700 listed companies and 200,000 entrepreneurs, to promote and conduct management training in Malaysia and Singapore. About 1exchange (1X) 1X is the first MAS-regulated private securities exchange in Singapore offering "light-touch" and cost-effective private listing venue designed for family businesses, and growth and pre-IPO companies. A member of CapBridge Financial, the exchange provides companies with market-oriented solutions such as direct private listings and employee share options trading. With a 1X listing, founders, owners, and growth stage companies can achieve partial exits and tradeability in private shares while retaining flexibility and control. From Left: 1exchange CEO, Victor Chia, CapBridge CEO, Johnson Chen, A PLUS BOSS CEO, Dato Joe Yew, A PLUS BOSS COO, Datin Kuan and A PLUS BOSS Corporate Advisor, Master Limns Tang.
NEW YORK, April 10, 2023 /PRNewswire/ -- Overview White & Case is forming a group of creditors holding offshore debt affected by the restructuring proposal announced by China Evergrande Group on 22 March 2023. Relevant noteholders and lenders are invited to a call at 9:00 a.m. (London time) / 10:00 a.m. (Paris time) / 4:00 p.m. (Hong Kong time) on 14 April 2023 to discuss their options. Restructuring Proposal China Evergrande Group ("CEG") announced a detailed financial restructuring proposal (the "Proposal") on 22 March 2023 following consultation and negotiation with a limited subset of its creditors. On 3 April 2023, CEG further announced that it had entered into restructuring support agreements ("RSAs") regarding its proposal with the members of an ad hoc group of certain series of notes issued by CEG and its subsidiaries. CEG intends to implement the Proposal through schemes of arrangement in Hong Kong, the Cayman Islands and the British Virgin Islands. The Proposal contemplates the launch of schemes of arrangement by CEG (the "CEG Scheme"), Tianji Holding Limited (the "TJ Scheme") and Scenery Journey Limited. Affected creditors have been given until 27 April 2023 to sign up to the RSAs if they wish to receive a 0.25% consent fee in the form of new payment-in-kind notes to be issued pursuant to the restructuring proposal (if implemented). White & Case Call White & Case will host a conference call on at 9:00 a.m. (London time) / 10:00 a.m. (Paris time) / 4:00 p.m. (Hong Kong time) on 14 April 2023 to discuss the Proposal and options for affected creditors. Creditors who are reviewing the Proposal may wish to join this call to discuss their options before they consider signing an RSA. Creditors eligible to join the call are those classified by CEG in: 1. Class C under the CEG Scheme – see pages 55-56 of the Proposal; and/or 2. the single class of creditors under the TJ Scheme – see page 192 of the Proposal. Creditors who are members of the existing ad hoc group or who have already signed an RSA will not be eligible to join the call. Creditors who are interested in joining the call described above should contact CEGCreditors@whitecase.com as soon as possible.
SINGAPORE, April 10, 2023 /PRNewswire/ -- Esker, a global cloud platform and a leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, today announced that Brother International Singapore Pte Ltd, a leading brand for consumer and industrial sewing machines, printing, and computer electronics, is automating the full procure-to-pay (P2P) cycle, including supplier management, contract management, procurement, accounts payable and expense management processes. Esker Asia Automates Key Business Processes for Brother International Singapore Pte Ltd As an electronics and electrical equipment manufacturer, Brother International Singapore Pte Ltd understood the need for optimised processes and streamlined workflows. Manual handling of various documents resulted in long payment processing times, lack of visibility over spend, and inefficient communications between requestors, finance, and suppliers. To overcome these challenges, Brother International Singapore Pte Ltd turned to Esker's AI-driven solutions, with which manual processes are eliminated, errors reduced, and visibility into spend increased. By achieving greater efficiency for its business processes, the company can focus on its core business functions and customer experience. Esker is able to support Brother International Singapore in its long-term vision to automate its entire P2P and order-to-cash (O2C) cycles. Beginning with the Singapore region, the goal is to roll out Esker in other regions as well. Esker Synergy AI, the set of technologies built into each solution, creates the pathway to achieving greater operational efficiency, cost reduction, and a better user experience. "With Esker, we are looking to scale new heights in a fast-moving operating environment by adopting an approach where human-centric methods and cutting-edge technology converge," said Mr. Lim Heng Boon, Senior Director of Corporate Services at Brother International Singapore. About Brother International Singapore Pte Ltd Brother is a leader in the development and manufacturing of technologies in the printing, communication, and digital imaging industries for homes, SOHOs, and enterprises that demand solutions that empower businesses and individuals to communicate ideas in every possible way. A trusted brand worldwide that believes in the "Customer First" approach in all aspects of its business, Brother has continuously met the varied needs of their customers through their comprehensive range of quality printing solutions. Brother's regional Southeast Asia headquarters, with fully integrated sales, marketing, and services capabilities is located in Singapore. For more information on Brother International Singapore and its products, please visit www.brother.com.sg. Brother will always be "At Your Side" now and into the future. About Esker Esker is a global cloud platform built to unlock strategic value for Finance, Procurement and Customer Service professionals and strengthen collaboration between companies by automating the cash conversion cycle. Esker's solutions incorporate AI technologies to drive increased productivity, enhanced visibility, reduced fraud risk, and improved collaboration with customers, suppliers and employees. Founded in 1985, Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. For more information on Esker and its solutions, visit http://www.esker.com.sg. Follow Esker on LinkedIn and join the conversation on the Esker blog at blog.esker.com.sg.
VICTORIA, Seychelles, April 10, 2023 /PRNewswire/ -- Bitget, a top crypto derivatives and copy trading platform, launched its Bitget Web3 Fund during the Hong Kong Blockchain Week, with an initial investment of $100 million. The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects. Bitget Launches $100M Web3 Fund to Support Next-Generation Crypto Projects in Asia The Bitget exchange is adhering to a 'Go beyond derivative' strategy in 2023 with the launch of the Bitget Web3 Fund, which is intended to foster a positive attitude towards the digital currencies economy and support the development of the Web3 environment. The Bitget Web3 Fund will seek out VCs and projects globally but prioritize partners in Asia that have a clear roadmap and an experienced team, and those that offer innovative solutions to real-world problems. As of now, it has received inquiries from VCs including Foresight Ventures, Dragonfly Capital, SevenX Ventures, DAO Maker, and ABCDE Capital for potential partnerships. "We can see that Web3 space is evolving rapidly and many projects deserve the support to further advance such development and make Web3 a truly global phenomenon, as Web2 had once become. That is why the Bitget Web3 Fund will strive to seek out projects that have the most impact on this process. We are taking a fully conscious and responsible approach in this regard and know how important accountability is when dealing with any innovative project requiring investments. We strive to support financial innovation in Asia and believe that our platform can act as a reliable, convenient, and secure link between the worlds of DeFi and CeFi. Our team of analysts has already outlined the criteria for project selection and will adhere to them strictly," as Gracy Chen, the Managing Director of Bitget, commented on the launch of the new fund. Bitget has been a supporter of numerous endeavors aimed at advancing the adoption of cryptocurrencies. The new 'Go beyond derivatives' strategy saw the exchange acquire several Web3 applications in recent months and pledge its support as a sleeve sponsor to Juventus, and as a general sponsor to the Juventus Women's Team for the 2022-2023 season. In a major move into the Web3 space, the exchange recently acquired the BitKeep wallet - a Web3 access gateway with over 9.5 million users, which will further enhance the Web3 surfing experience for Bitget users. Bitget is also launching numerous events and challenges for the community to support both individual initiatives and overall community spirit. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange with futures trading and copy trading services as its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. It also inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi, the leading Italian football team Juventus, and official eSports events organizer PGL. According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
GURUGRAM, India, April 10, 2023 /PRNewswire/ -- Shipsy, a leading SaaS-based global logistics management platform provider, announced it had been acknowledged as a Notable Vendor in the Gartner Asia/Pacific Context: 'Magic Quadrant for Transport Management Systems.' The need for businesses to meet evolving customer demands, reduce transportation costs and boost delivery agility is driving the adoption of modern Transportation Management Systems (TMS). Shipsy's unique capabilities and offerings, have emerged as a key enabler for achieving these efficiencies across cross-border, first, middle, and last-mile logistics. In the Magic Quadrant for Transportation Management Systems report, "Gartner defines transportation management systems (TMSs) as software that supports multimodal planning and execution of the physical movement of goods across the supply chain. It allows a company to manage increasing levels of transportation complexity across multiple transport modes and geographic regions." "We're excited to be included in the Asia/Pacific Context: 'Magic Quadrant for Transportation Management Systems' report. We believe it's a testament to the amazing feedback we have consistently received from our customers. We aim to continue being the de facto logistics management platform for businesses in the region and the Middle East," says Soham Chokshi, CEO & Co-Founder, Shipsy. The Asia/Pacific Context report states that "Gartner estimates the annual spend on supply chain execution (SCE) software in APAC to exceed $850 million through 2026, up from nearly $600 million through 2021 (see Forecast: Enterprise Application Software, Worldwide, 2020-2026, 4Q22 Update). Gartner estimates that the annual TMS software spend in APAC will be approximately 28% of that on SCE, or $160 million through 2021." Further mentioning, "Organizations within the Asia/Pacific market have historically looked for transportation management solutions that are execution-focused. Capabilities such as transportation planning and route optimization are not typically prioritized by shippers. Those capabilities are highly desired by third-party logistics (3PL) organizations and logistics service providers. With the increasing demand in retail and e-commerce, there is some shifting in this regard. This is especially true in countries such as India, China and Vietnam. Companies within those countries are starting to investigate planning and route optimization capabilities to better support customer demands, particularly for last-mile deliveries in urban locations." Gartner also highlighted the growing significance of sustainable logistics, "Sustainability and green transportation initiatives are also drawing increased focus. With many trucks in the region being diesel-powered, particularly in China, organizations are looking to TMS technology to help mitigate and measure emissions. Utilizing optimization capabilities to build more efficient routes, leveraging analytics to capture emissions and carbon footprint information, and selecting more environmentally friendly transport modes (such as rail or waterways) are some of the ways TMS technology can help." Gartner named Shipsy and five others as Notable Vendors in the APAC Context report. Gartner Disclaimer: Gartner, Asia/Pacific Context: 'Magic Quadrant for Transportation Management Systems', Brock Johns, Oscar Sanchez Duran, 28 March 2023. Get the full story: This content is part of a larger body of research on this topic. Gartner, Magic Quadrant for Transport Management Systems, Brock Johns, Oscar Sanchez Duran, Carly West, 28 March 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Shipsy Shipsy enables businesses worldwide to build a resilient, connected, agile, sustainable, and autonomous supply chain and logistics operations. Its smart logistics management platform empowers businesses to significantly reduce operating costs, lower carbon footprint, enhance customer experiences, boost delivery productivity, and drive seamless cross-border freight movement. Shipsy's 350+ team is based out of India, Dubai, and Indonesia serving 200+ customers across the globe. Shipsy tracks 650,000+ containers per month, procure freight worth $150mn+ per month, and powers 60 mn+ parcels per month. On a broader perspective, Shipsy has integrations with 64+ major shipping lines, 50+ third-party logistics companies, 300+ freight forwarders, 50+ customs agents, and a network of over 20,000 global shippers. To learn more about us, please visit www.shipsy.io. Media Contact: shruti.sharma@shipsy.io
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