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NEW YORK, Dec. 16, 2025 /PRNewswire/ -- Paranovus Entertainment Technology Limited (NASDAQ: PAVS), today announced that it will effect a reverse share split of its outstanding Class A ordinary shares, par value $0.01 per share (the "Class A Ordinary Shares"), at a ratio of 1-for-100, to be effective at the open of business on Thursday, December 18, 2025. Our Class A Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market ("Nasdaq") on Thursday, December 18, 2025. Following the reverse share split, the Class A Ordinary Shares will have a new par value of $1 per share and will continue to trade on Nasdaq under the symbol "PAVS" with the new CUSIP number, G4289N122. The reverse share split is expected to lead the Company's Class A Ordinary Shares to trade at approximately 100 times the price per share at which it trades prior to the effectiveness of the reverse share split. The Company, however, cannot assure that the price of its Class A Ordinary Shares after the reverse split will reflect the 1-for-100 reverse split ratio, that the price per share following the effective time of the reverse split will be maintained for any period of time, or that the price will remain above the pre-split trading price. The reverse share split is intended for the Company to regain compliance with the minimum bid price requirement of $1.00 per Class A Ordinary Share for continued listing on Nasdaq. No fractional shares will be issued in connection with the reverse share split and all such fractional interests will be rounded up to the nearest whole number of Class A Ordinary Shares. The reverse share split will reduce the number of issued and outstanding shares of the Company's Class A Ordinary Shares from350,000,000 to approximately 3,500,000, subject to any adjustments resulting from the treatment of the fractional shares. On December 1, 2025, the board of directors of the Company approved the reverse share split of the Class A Ordinary Shares, at a ratio of 1-for-100. VStock Transfer LLC is acting as the exchange agent and paying agent for the reverse share split. Shareholders holding their shares in book-entry form or in brokerage accounts need not take any action in connection with the reverse share split. VStock Transfer LLC will provide instructions to any shareholders with certificates regarding the process in connection with the exchange of pre-reverse share split share certificates for ownership in book-entry form or share certificates on a post-reverse share split basis. Shareholders are encouraged to contact their bank, broker or custodian with any procedural questions. About Paranovus Entertainment Technology Limited Paranovus Entertainment Technology Ltd. focuses e-commerce and TikTok-related e-commerce solutions through its subsidiaries. In March 2025, the Company completed the acquisition of the controlling equity interests of Bomie Wookoo Inc., a New York company that offers e-commerce solutions. As part of its strategic transformation, Paranovus has exited its legacy businesses, including the e-commerce, internet information, and advertising businesses in September 2023 and ceased its automobile sales business in July 2024. For more information on our latest innovations and developments, visit https://www.pavs.ai/. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; the Company's future acquisition opportunities; the Company's ability to identify any acquisition opportunities that fit with our business strategies; the Company's ability to consummate an attractive acquisition and realize the benefits of such transaction; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
SINGAPORE - Media OutReach Newswire - 15 December 2025 - Fast Track Events (FTE), a proud subsidiary of Fast Track Group (NASDAQ: FTRK), today announced a strategic partnership with CloudX Entertainment, a next-generation hybrid talent management and creative agency. The partnership expands the range of amplification options available to brands through both celebrity partnerships and influencer and content creator campaigns across travel, sports, and entertainment. Harris Lim, CEO of Fast Track Events (left), and Lucas Law, Managing Director of CloudX Entertainment (right), marking the launch of their strategic partnership. Founded in Singapore in 2012, Fast Track Events has evolved from an experiential events company into a full-service partner connecting brands, audiences, and celebrities across the region and beyond. Why This Partnership Came About The partnership was formed in response to growing client demand for solutions that deliver both scale and measurable traction in today’s competitive marketing landscape. Brands are increasingly seeking more than a celebrity-only or influencer-only approach. Increasingly, clients are turning to hybrid strategies that combine the strengths of both celebrities and influencers. Within this model, celebrities play a key role in driving mass awareness, while influencers and content creators support education, consideration, and sustained engagement. By bringing these two levers together, Fast Track Events and CloudX Entertainment provide brands with a more complete way to achieve maximum exposure and market impact. CloudX Entertainment specializes in creative social media campaigns and the management of influencers and content creators. Its client portfolio includes the Korean Tourism Organization, Trip.com, JisuLife and Amazfit, reflecting its strength across travel, sports, and entertainment-led influencer campaigns. Recent FTE Celebrity Collaboration Highlights FTE’s recent collaborations include regional brand partnerships with Dongfeng and Serba Wangi, working with global celebrity talents such as Jessica Jung, MINNIE of i-dle, and TREASURE. These collaborations reflect FTE’s ability to translate celebrity partnerships into high-impact regional brand influence at scale. “This partnership expands the options available to our brand partners,” said Harris Lim, CEO of Fast Track Events. “Whether a campaign is driven by global celebrity appeal, trusted creator voices, or both, this collaboration allows clients to have the options to choose the most relevant amplification path for their objectives.” Lucas Law, Managing Director of CloudX Entertainment said, “By combining our influencer and content creator ecosystem with FTE’s celebrity and live entertainment capabilities, brands now have greater flexibility to design campaigns that resonate across both physical and digital touchpoints.” The collaboration will initially focus on Singapore, with plans to support campaigns across key regional markets in Asia Pacific. Hashtag: #FastTrackEventsThe issuer is solely responsible for the content of this announcement.About Fast Track Events (FTE)Fast Track Events is a proud subsidiary of Fast Track Group (NASDAQ: FTRK), shaping global entertainment from Asia through celebrity partnerships and live entertainment experiences. Founded in Singapore in 2012, FTE began as an experiential events company and has evolved into a full-service partner connecting brands, audiences, and celebrities across the region and beyond. FTE collaborates with leading brands and global celebrities to create strategic partnerships that amplify Asia’s influence on the world stage. Website: https://www.fastrackevents.com/About CloudX EntertainmentCloudX Entertainment is a next-generation hybrid talent management and creative agency specializing in social media campaigns and the management of influencers and content creators. The agency merges media production with influencer-powered campaigns to turn brand visions into powerful brand influence, with a strong focus on travel, sports, and entertainment. Beyond that, CloudX develops original IPs built around each talent’s strengths, transforming creators into long-term brand assets. With end-to-end media production capabilities, they deliver cohesive, high-quality content from concept to final execution. Website: www.cxent.asia
預告片及劇集將於 2026 年 1 月推出；社交媒體首發，繼而推出專屬應用程式體驗 洛杉磯, Dec. 12, 2025 (GLOBE NEWSWIRE) -- 潔淨美妝與個人護理品牌 Native、Procter & Gamble 旗下部門 P&G Studios，以及 dentsu 旗下部門 dentsu Entertainment，今天宣布推出美國首部由品牌共同製作的長篇「微肥皂劇」。此劇《The Golden Pear Affair》由 Pixie USA 製作，採用社交媒體首發的短篇劇集形式，為直屏主導、流動優先的時代重塑經典肥皂劇。全新「微肥皂劇」格式專為當今偏愛滑屏的觀眾設計，以短小精悍的劇集呈現快節奏的故事情節，兼具扣人心弦的懸念與角色弧光。此微肥皂劇共 50 集，以完整的電影式敘事，展現足以媲美長篇電影的格局。從開創先河的廣播肥皂劇到 Beyond the Gates (CBS) 等當代熱門作品 (CBS)，P&G 及其合作夥伴持續引領肥皂劇類型的演變發展。 Native 的《The Golden Pear Affair》預告片將於 2026 年 1 月首映，劇集隨後很快在各大主流社交平台上線，繼而拓展至專屬應用程式體驗。觀眾可期待一段激動人心的冒險愛情故事，既能提升垂直影片劇集的觀賞體驗，亦忠於 Native 真實的品牌個性。劇集由兩位擁有龐大粉絲群的微短劇領銜演員 Nick Ritacco 和 Aloyna Real 主演，故事探討自我探索、旅行、冒險、愛情和認識自我價值等主題。影片首次發行將聚焦北美市場，並與 Native 最新限量系列互相呼應；此系列將自 2025 年 12 月下旬起於 nativecos.com 及 Target 推出。此系列名為「Global Flavors」，其香氣靈感源自世界各地，讓人足不出戶，在淋浴間或浴室中即可展開一場縱情探索之旅。種種芬芳香氣以及 Native 對潔淨配方的一貫承諾，啟發出電影的整體劇情線及關鍵時刻，帶您踏上一段旋風般的浪漫冒險之旅。 Dentsu Entertainment 匯聚 Native、P&G Studios 與 Pixie USA，主導從創意到開發的各個環節，以一個故事生動呈現 Native 迷人的品牌個性及其潔淨有效的美妝產品——當中全都圍繞品牌核心訊息：您值得擁有更好，您值得享有真正有效的潔淨產品。 微短劇（又稱垂直影片迷你劇）已快速演變為一股全球娛樂浪潮，預計 2025 年全球收入達 110 億美元，而美國成為中國以外最大的市場。這股增長趨勢彰顯微短劇的龐大規模、巨大機遇及強勁動力。 Dentsu 不僅參與其中，更在塑造此領域的未來發展；其風險投資部門 Dentsu Ventures 近日投資了短劇應用程式開發商 Emole 等創新企業，強化對新世代敘事平台的矢志承諾。此策略投資配合 dentsu Entertainment 的品牌內容及知識產權 (IP) 開發整合策略，確立 dentsu 在創作者經濟及垂直影片領域的領先地位。此項目是 dentsu Entertainment 與 P&G Studios 持續合作的最新力作，雙方曾共同發布多部原創作品，包括今年早前的紀錄片《Culture of Winning: Polynesian Football Pride》，以及獲 Sports Emmy 提名的紀錄片系列《The Cost of Winning》。 引文 P&G Studios 主管 Anna Saalfeld 表示：「P&G Studios 致力提升消費者與品牌互動的體驗。這部微肥皂劇展現我們對創新的堅持，既致力取悅消費者，同時又推動 Native 的業務增長。我們將經典品牌敘事手法與日新月異的流動娛樂環境無縫結合，以此向 P&G 曾協助開創的肥皂劇形式致意並加以優化，以適應這個垂直格式主導、社交媒體優先的世界。」 Native 行政總裁 Chris Talbott 說道：「我們懷着興奮心情，以這部從《Global Flavors》系列汲取靈感的『微肥皂劇』，將 Native 帶進娛樂天地。如同我們的香氛能讓您安坐浴室即可環遊世界一樣，這部劇也讓您伴隨角色踏上其自我探索和建立信心的歷險之旅。我們持續探索創新的途徑，在消費者所在之處與其接觸，這部社交媒體首發的劇集正是訴說故事的絕佳形式。這是展現合適的香氣如何造就改變的完美舞台，不論是探索新天地抑或尋找自我，都能看到它的身影。我們已迫不及待地向觀眾呈現貫穿於劇中對該系列的有趣致敬。」 Dentsu 全球娛樂 IP 策略與投資執行副總裁 Geneva Wasserman 指出：「Dentsu 始終秉持創新精神，探索接觸觀眾的新途徑，並透過粉絲群體連結品牌。微短劇正席捲全球，而與 P&G 和 Pixie USA 的卓越團隊合作，擴展 dentsu 在此快速增長領域的地位，可謂順理成章。像 Native 這樣的品牌正在快速行動，投身於短週期、高強度的製作流程，並測試接觸客戶的新方法——這些成為品牌內容宏圖的黃金標準。」 Pixie USA（總部位於喬治亞州亞特蘭大，為品牌製作微短劇的工作室）創辦人 Jonas Barnes 表示：「微短劇是肥皂劇的自然演進，而肥皂劇這種形式正是由 P&G 在幾十年前開創。我們很榮幸能與 Native 這個在頭髮及個人護理界揮灑無限創意的品牌合作，攜手將這份使命延續至新時代。我們同心協力，一起塑造娛樂引領營銷的未來格局。」 關於 Native Native 於 2015 年成立，是一間個人護理公司，採用天然成分製造潔淨而有效的產品，包括止汗劑、沐浴露、潤膚露、洗手梘、牙膏、洗髮露及護髮素。如欲了解更多資訊，請瀏覽 www.nativecos.com，或關注 TikTok、Instagram、Facebook 及 LinkedIn。 關於 P&G Studios P&G Studios 致力開發和製作富感染力的故事及觸動心弦的敘事，以培育 P&G 品牌能自然配合的相關聯繫。P&G Studios 一直大力推動多個項目，例如《Beyond the Gates》(CBS)、《Culture of Winning: Polynesian Football Pride》(Tubi)、入圍 Oscar ® 的《Coded: The Hidden Love of J.C. Leyendecker》(Paramount+)、《A Radical Act: Renee Montgomery》(Roku)、《Fair Play》(Hulu)、《TIME》雜誌年度女性 (Women of the Year)、影響力強大的 Queen Collective 電影系列 (BET)，以及 Seneca Women Podcast 網絡的推出。P&G Studios 不僅是極具實力、值得信賴、質素優越及領導市場的品牌組合，也是 Procter & Gamble Company 用於服務全球消費者的多種創新途徑之一。請瀏覽 http://www.pg.com，以了解有關 P&G 及其品牌的最新消息及資訊。 關於 dentsu Entertainment Dentsu Entertainment 是 dentsu 旗下的專業娛樂部門，隸屬於全球 dentsu 體育與娛樂業務體系。Dentsu Entertainment 全心投入開發、籌資、製作和營銷能夠建立文化連繫的內容，以此為受眾、權利持有者及品牌合作方提供價值。業務涵蓋電影、電視、動漫、遊戲及新興形式，利用創新商業模式及全球創意專業知識，塑造推動文化對話並在多個平台引起共鳴的精彩故事。 目前的重點項目包括《The Angry Birds Movie: 3》(與 Rovio、Flywheel Media 及 Paramount Pictures 合作) —— 將於 2027 年 1 月上映；以及《Ball Games》—— 一部與美國職業高爾夫協會 (PGA) 及製片人 John Cohen (《Despicable Me》、《The Angry Birds Movie》) 合作的全新動畫長片。 這些項目體現 dentsu 對 IP 投資及娛樂創新的堅定承諾，讓世界級內容愛好者得以接觸自己心儀的品牌。 關於 dentsuDentsu 是全球領先機構的整合增長與轉型合作夥伴。公司於 1901 年在日本東京創立，現今業務遍布約 120 個國家及地區，擁有培育及發展創新的優越往績，匯聚旗下全球領導品牌網絡的人才，為客戶開發具影響力及整合性的增長方案。Dentsu 透過整合其媒體、客戶體驗管理 (CXM) 及創意服務，提供端到端的體驗轉型 (EX)，同時以業務轉型 (BX) 思維，推動品牌、人才及社會的轉型及可持續發展突破邊界。 Dentsu, Innovating to Impact。 詳情請見：www.dentsu.com / www.group.dentsu.com 關於 Pixie USA Pixie USA 是於 2025 年成立的微短劇工作室，總部位於亞特蘭大，專注製作適合品牌融入的優質垂直影片敘事作品。工作室由製片人 Jonas Barnes 創立，開發和製作電影級質素的微短劇，將品牌直接融入敘事。Pixie USA 立足於荷里活轉向流動原生、連續性內容的最前線，正在重塑觀眾與娛樂互動的模式，革新品牌融入故事的途徑。 www.pixieusa.com 聯絡人：Matt Cross matt.cross@dentsu.com 請瀏覽以下網址，查閱此公告隨附的相片：http://www.globenewswire.com/NewsRoom/AttachmentNg/1d7f98f6-d0a5-4493-aaf0-a5db98d2c0e9
Global skill games leader HB Leisure introduces an all-in-one carnival-inspired destination for play, drinks and dining - bringing the internationally recognised ‘competitive socialising’ concept to Malaysia KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 9 December 2025 - Backed by global skill games leader HB Leisure (HBL), Carousel & Co. is set to debut Malaysia’s first social entertainment venue at Avenue K in December 2025 – an all-in-one destination that combines play, drinks and dining in a premium, tech-enhanced rooftop setting in the heart of Kuala Lumpur. The Carousel Bar - Inspired by a classic carnival ride, this circular bar is the heartbeat of Carousel & Co., serving handcrafted cocktails and shareable bites. Introducing the internationally recognised trend of ‘competitive socialising,’ Carousel & Co. invites guests to eat, drink, and challenge one another across large-format skill games within a highly immersive venue inspired by the golden age of fairgrounds. A New Category in Malaysia’s Leisure Landscape Designed as a carnival-inspired, group-focused experience, Carousel & Co. transforms traditional outings into interactive social play. The multi-zone venue will feature large-format skill games, immersive design elements, and an elevated food and beverage offering crafted for connection. From corporate mixers to casual hangouts, the concept bridges the energy of a carnival with the comfort of modern social dining – giving city-goers a new way to unwind, celebrate and compete. “Malaysia’s social scene is evolving beyond dining and nightlife. Carousel & Co. brings the next phase – an experience that celebrates connection, creativity and competition,” said Greg Pearn, Head of New Concepts at HBL. “We wanted to capture that nostalgic carnival feeling but reimagine it for adults – where the games are bigger, the cocktails bolder and the laughter louder. We’re combining our 100-year heritage in theme park skill-based entertainment with Kuala Lumpur’s growing appetite for quality, playful experiences.” Tech-Enabled, Group-Centric, and Scalable Carousel & Co. marks HBL’s entry into Malaysia’s lifestyle and entertainment market with a venue designed for both scalability and franchise potential across Southeast Asia. Key highlights include: Tech-Enabled Play - Digital game-play scoring integrated throughout the venue Group-Centric Design - Spaces tailored for teams, gatherings, and social interaction Scalable Model - A proven business concept with global franchise potential The venue will feature modern takes on classic skill games, including Down-The-Clown, Skeeball and Basketball, with real-time scoring integrated throughout the space. “Avenue K is exactly the right kind of playground for what we’re building,” added Greg Pearn. “It’s at the centre of the city’s heartbeat – where business types, shoppers and travellers all cross paths. Carousel & Co. will fit right in by giving people a spot to have a drink, take a bite to eat, share a laugh and sneak in a little friendly competition along the way.” Driving Malaysia’s Urban Leisure Evolution Carousel & Co. arrives at a time when Malaysia’s leisure market is diversifying, driven by a growing appetite for interactive, experience-led entertainment. Positioned at the intersection of hospitality, technology, and lifestyle, the brand is set to elevate how Malaysians and visitors spend their social hours – together and playfully competitive. The Avenue K flagship location marks the beginning of a regional expansion, with franchise discussions already advanced globally, ahead of launch. Hashtag: #CarouselAndCo #PlayDrinkEatKL #RooftopPlayground #OpeningSoonInAvenueK #kualalumpurhttps://carouselandco.com/https://www.linkedin.com/company/carouselandco-myhttps://www.facebook.com/carouselandco.myhttps://www.instagram.com/carouselandco_myhttps://www.tiktok.com/@carouselandco.myThe issuer is solely responsible for the content of this announcement.About Carousel & Co.Carousel & Co. is Kuala Lumpur’s new social entertainment restaurant and bar at Avenue K near the Petronas Twin Towers in the city’s Golden Triangle. Designed for urban explorers, office crowds, and weekend seekers, it blends play, dining and drinks in one vibrant destination. Backed by HB Leisure, the global leader in skill games, Carousel & Co. brings the thrill of giant games, handcrafted cocktails and shareable comfort food into a unique city-centre setting. Guests can unwind over casual bites or signature platters between friendly matches, group gatherings or after-work drinks. With plush corners for private dinners, open spaces for social events and a rooftop deck for city views, every corner is made for connection and good energy. Strategically located with direct connectivity to KLCC LRT, major hotels and shopping centres, Carousel & Co. anchors Avenue K’s rise as a new after-work and weekend hotspot. Opening in December 2025, it brings a new kind of play to the city’s skyline. Find out more : carouselandco.com Facebook | Instagram | TikTok | LinkedIn : Carousel & Co Malaysia About HB Leisure (HBL) HB Leisure (HBL) is the world’s largest operator of skill games and family attractions, partnering with over 150 destinations across 28+ countries and entertaining more than 150 million guests each year. Established in 1927, HBL is trusted by the world’s leading theme and amusement parks to deliver end-to-end game operations that boost guest dwell time, participation, and revenue performance. In 2025, HBL expanded further across Asia with flagship projects in Shanghai, Seoul and Jeddah, continuing its 100-year legacy of transforming entertainment spaces into high-energy destinations where fun always wins. Find out more : hbleisure.com
SINGAPORE, Dec. 1, 2025 /PRNewswire/ -- iQIYI International, a leading Asian streaming platform, officially announced a partnership with Vision+, the flagship OTT platform under MNC Digital Entertainment in Indonesia, to launch the "Combo Asia" joint membership service. This service deeply integrates iQIYI's premium Asian entertainment content with Vision+'s extensive sports resources, offering local users a one-stop entertainment experience covering C-dramas, sports events, movies, variety shows, and anime. The launch event garnered widespread attention with the attendance of iQIYI International Global Ambassador Esther Yu. At the event, both parties announced that "Combo Asia" will be launched as a cost-effective package, combining the benefits of iQIYI VIP Standard and Vision+ Premium Sports to bring viewers a richer and more convenient service experience. The product will be available simultaneously on both the iQIYI App and Vision+ App, with collaborative promotional offers launched in conjunction with platforms such as Telkomsel, Tokopedia, and GoPay. Dinesh Ratnam, Senior Managing Director - iQIYI Indonesia, Malaysia and Singapore, said: "In the rapidly changing landscape of digital entertainment, we believe strong partnerships are key to meeting growing user demands. The launch of 'Combo Asia' perfectly blends Vision+'s strengths in sports and local content with iQIYI's popular Chinese and Asian entertainment, providing Indonesian viewers with a comprehensive and affordable entertainment solution. Facing the continued growth in demand for Chinese dramas and micro-dramas in the Indonesian market, we will continue to increase content investment and leverage the 'iQIYI Starship Project' to bridge the distance between Chinese artists and Indonesian fans." Dinesh Ratnam, Senior Managing Director - iQIYI Indonesia, Malaysia and Singapore Clarissa Tanoesoedibjo, Deputy CEO of Vision+, stated: "'Combo Asia' seamlessly integrates Vision+'s proud exclusive sports resources—such as AFC and Bundesliga—and locally rooted original series with iQIYI's world-class Asian entertainment content. This powerful synergy of 'Premium Sports + Premium Asian Entertainment' not only greatly enriches viewing choices for users but is also dedicated to connecting wider communities through the combination of online content and offline experiences, setting a new value benchmark for the Indonesian streaming market." iQIYI International Global Ambassador Esther Yu attended the launch event, introducing her upcoming iQIYI drama "Speed and Love" to Indonesian audiences. Clarissa Tanoesoedibjo, Deputy CEO of Vision+, and Li Kaichen, Vice President of APAC & Middle East at iQIYI International, took the stage together to present a commemorative gift. Subsequently, senior executives from both sides joined on stage for a group photo, demonstrating the shared commitment of "Combo Asia" to integrating the superior content of both platforms and deepening cooperation. As part of the "iQIYI Starship Project" on-ground activities, the subsequent fan meeting featured a series of interactive sessions. Esther Yu participated in activities such as learning Bahasa Indonesia, tasting local delicacies, and recreating popular TikTok-style videos, and sharing fan letters, sparking an enthusiastic atmosphere on site. These cultural interactions showcased the long-term commitment of the "iQIYI Starship Project" in promoting artists' overseas activities and strengthening exchanges with international audiences. Leveraging the launch of "Combo Asia" and the establishment of a multi-channel distribution network, iQIYI and Vision+ will continue to deepen collaboration across content, marketing, and product levels. This aims to provide users with a smoother integrated viewing experience and create more efficient reach scenarios for advertisers. Meanwhile, to further consolidate the brand value of iQIYI International in the Indonesian market, both parties will also actively explore further possibilities in localized content production and commercial collaboration.
SINGAPORE - Media OutReach Newswire - 28 November 2025 – Kallang Alive Sport Management, the company that manages the Singapore Sports Hub, today announced it has officially changed its corporate name to The Kallang Group and Singapore Sports Hub will begin operating under a new name, The Kallang. The Kallang is a vibrant precinct that encompasses all current infrastructure and assets that was previously known as the Singapore Sports Hub. It is not just a venue for events, but also a destination where memorable moments are made. The Kallang Group is the corporate entity that will continue to oversee the management, programming and delivery of world-class experiences at The Kallang, driving the next chapter of growth for the precinct. Keith Magnus, Chairman, The Kallang Group, and Quek Swee Kuan, Chief Executive Officer, The Kallang Group, unveiled the new brand name at a launch event held at the Bank of Singapore (BOS) Lounge at the National Stadium. Joining them to celebrate the occasion were The Kallang Group staff and more than 300 stakeholders and partners representing The Kallang’s four pillars – sport, entertainment, lifestyle and community. Growth since 2022 takeover Since the 2022 government takeover, The Kallang has gone from strength to strength, delivering more sport, entertainment and lifestyle event days, and significantly increased event attendance. The energy continued into 2025, with The Kallang hosting world-class sporting events such as the World Aquatics Championships and the World Para Swimming Championships. Alongside performances by global icons like Lady Gaga, who chose Singapore as her only stop in Asia, this year’s robust event calendar has further solidified The Kallang’s position as the excitement epicentre of Singapore. The Kallang has also hosted numerous community events such as the National School Games, Majulah Fiesta, GetActive!, and ONE Countdown, creating meaningful opportunities for people of all ages to come together and strengthen their connection with this iconic precinct. Keith Magnus, Chairman, The Kallang Group, shared, “The launch of The Kallang marks an exciting new chapter for us. Over the past three years, this precinct has transformed into a dynamic hub for world-class sport, entertainment and community life, hosting over 4,000 event days and welcoming more than nine million visitors. The Kallang Group’s legacy of creating tangible impact extends beyond the numbers. What inspires us is the spirit this place now carries. Our ambition is for The Kallang to become the excitement epicentre of Singapore – a place where global acts, local heroes and everyday Singaporeans unite to share unforgettable experiences that strengthen our national fabric. “The Kallang is not just a world-class venue. It is a feeling, a connection, a shared memory. This brand launch reflects our commitment to build a precinct that belongs to all Singaporeans – and to ensure The Kallang becomes one of the most exciting and loved destinations in the region for generations to come.” Why “The Kallang” In Singapore, “Kallang” represents more than a name or location. It is a powerful yet emotional symbol of national pride. Rooted in Singapore’s collective consciousness, “Kallang” has always represented a space where people unite through competitions, celebrations and shared experiences like the National Day Parade. “Kallang” has been home to both the previous and current National Stadium, hosting countless memorable moments that united the nation. It is where the legendary “Kallang Roar” and “Kallang Wave” emerged as fans rallied behind Team Singapore, transforming individual voices into a powerful chorus of national pride. This rich sporting legacy forms the foundation upon which The Kallang now builds. The transition from Singapore Sports Hub to The Kallang represents our evolution – where we broaden our identity while honouring our sporting heritage. It embraces our collective memories while strengthening our belief that sport, entertainment, lifestyle and community form the pillars of a dynamic ecosystem. Commitment to delivering world-class experiences The Kallang will continue to serve its purpose as a vibrant, multi-use destination that brings people together through world-class sport, entertainment, lifestyle and community experiences, contributing to the broader vision of bringing the wider Kallang Alive precinct to life. The Kallang’s new tagline, “Feel Alive”, captures its inventive spirit of creating exciting experiences for all across sport, entertainment, lifestyle and community. This tagline is anchored on the four brand values of: Connection: The Kallang will continue to build meaningful networks in the community, aided by how it designs space, creates events and fosters a sense of belonging between people and destination. Vibrancy: The Kallang is a place built for people, ideas and memories. The energy is woven into the fabric of the destination: where people train, play, perform and gather. Excellence: The Kallang plans every moment with care and operates with precision to ensure a stellar experience for all. Leadership: The Kallang continues to bring in firsts and build its momentum with world-class partners as the excitement epicentre of Singapore. Yip Pin Xiu, Singapore's most decorated Paralympian said “For Team Singapore athletes, The Kallang has always been a training ground and stage for world-class excellence. This refreshed identity will continue to inspire the nation and provide a home for iconic sporting moments like the World Aquatics Championships and World Para Swimming Championships.” “The best venues don’t simply stage events — they create powerful connections between athletes and their fans,” said Charles Hsiung, President of APG and Women’s Tennis Association Tournament Board Representative for the APAC region. "The Kallang's strength lies in its efficiency, multifunctional capability, and clear delivery of the organisation’s values and mission. It is a dynamic platform for Singapore to elevate the live event experience, inspire athletes to perform their best, deliver memorable moments that resonate deeply with fans across the world, and strengthen the region’s role in the global sport landscape.” Ensuring diverse programmes for everyone and bringing spaces and experiences to life The Kallang Group is committed to engaging different communities through our diverse programmes, and bringing spaces and experiences in the precinct to life. Countdown 2026 at The Kallang, an annual signature countdown event and The Kallang Group’s first event under the new corporate name, brings communities together to usher in the new year as one. This year’s event will feature a thrilling programme, including the Countdown 2026 Concert headlined by K-pop group Super Junior and family-friendly community activities across The Kallang. The community can also look forward to the longest countdown fireworks in Singapore for this year – 35 minutes across four chapters – as the sky above the Kallang Basin lights up in vibrant colours. To further curate a truly unique experience for our patrons, The Kallang Group announced the introduction of The Kallang Pass, which will grant one lucky winner a pair of tickets to attend a variety of events held at the National Stadium and Singapore Indoor Stadium in 2026. To stand a chance to win The Kallang Pass, patrons must attend Countdown 2026 at The Kallang on 31 December. All Singapore Residents aged 18 and above are eligible to participate. Register your interest here. Infrastructure Enhancements To shape a new era of vibrancy across sport, entertainment, lifestyle and community, The Kallang Group has lined up a series of infrastructure enhancements that will elevate the experiences of everyone who steps into The Kallang. Visitors can look forward to new alfresco food and beverage concepts, a new sheltered padel ecosystem, refreshed family-friendly spaces and more. An exciting tenant lineup will refresh the area into a community-centric and community-activated plaza that embodies the active spirit of The Kallang. The action will add vibrancy to the waterfront, lined with new and experiential alfresco dining concepts. This inviting and dynamic esplanade will become the new go-to hangout along the Kallang Basin, serving up new gastronomical experiences from day to night. The family-favourite Splash-N-Surf will evolve into an enhanced playscape for children of all ages, incorporating water play with active zones that engage the senses. The space will also introduce a sheltered padel ecosystem with competition-ready courts, combining competitive sports, active lifestyle and play all in one venue. The iconic Climb and Bouldering Walls in the mall will also be enhanced to bring new experiences to climbers of all levels. The enhancement works will start in phases from Q2 2026, with the revitalised mall slated for completion in 2028. The mall will remain operational throughout the works. Amplifying positive social impact on the community The Kallang Group is committed to giving back and be a force for good in our community. We work closely with partners, schools and charity organisations to make sports, entertainment and recreational activities more accessible to underserved groups. We provide opportunities for youths, families, seniors and various community groups to participate in inclusive programmes, as well as support volunteerism in social causes and create shared experiences that strengthen our community. These efforts reflect our belief that The Kallang should serve as an inclusive space where Singaporeans from all walks of life can connect and thrive together. Mr. Magnus added, “As we enter this next phase of growth, we are elevating both the curation and the hardware of the precinct with major upgrades, new national facilities and an even bolder calendar of marquee events. At the same time, we remain grounded in purpose. Since 2023, The Kallang Group has partnered more than 100 charities to create thousands of opportunities for their beneficiaries to enjoy world-class live experiences. We are now exploring a philanthropic fund to give donors and well-wishers a direct role in uplifting the communities we serve. Together, these efforts express who we are today and the kind of impact we aim to make for the future.” Please find all media assets here. Hashtag: #SingaporeSports #SportsHub #SportsCommunity #SingaporeLifestyle #SGEvents #LiveEventshttps://www.thekallang.com.sg/The issuer is solely responsible for the content of this announcement.The KallangThe Kallang (formerly the Singapore Sports Hub) is Asia’s iconic destination for sporting, entertainment, lifestyle and community experiences. Managed by The Kallang Group (formerly Kallang Alive Sport Management), The Kallang is a vibrant ecosystem in the heart of Singapore that is building on its rich legacy as a national stage and cultural landmark by hosting and organising world-class sporting events, live entertainment and inclusive community activities for all. The Kallang stands as the excitement epicentre of Singapore for patrons from all corners of the world, and where they feel alive. Home to unique, best-in-class sports and entertainment facilities within the city, The Kallang plays an integral role in accelerating the development of Singapore’s sports and tourism industry. The Kallang includes the following facilities: A 55,000-capacity National Stadium with a retractable roof and movable tiered seating A 12,000-capacity Singapore Indoor Stadium with pillarless interior A 6,000-capacity OCBC Aquatic Centre that meets World Aquatics standards A 3,000-capacity OCBC Arena which is scalable and flexible in layout Kallang Tennis Hub, Singapore’s first international tournament-ready indoor tennis facility Kallang Football Hub housing Singapore’s National Training Centre for football Water Sports Centre featuring kayaking and canoeing 41,000 sqm Kallang Wave Mall, including indoor climbing wall and Splash-N-Surf facility (Kids Waterpark, Stingray and Lazy River) Promenade that encircles the National Stadium Singapore Youth Olympic Museum & Singapore Sports Museum Shimano Cycling World Daily community facilities and activities, including beach volleyball, hard courts (futsal, basketball and netball), lawn bowls, giant chess, skate park and running & cycling paths. For more information, please visit The Kallang’s website here.
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