Author name: admin

Energy & Technology

KIS Group Partners With Shell On Bio-LNG Supply Deal

KUALA LUMPUR, Knowledge Integration Services (KIS Group) has entered into a bio-liquefied natural gas (bio-LNG) supply agreement with Shell Eastern Trading (Pte) Ltd, marking a significant step towards advancing clean energy solutions in the region. Under the agreement, KIS will begin supplying bio-LNG to Shell in 2027, which will then be regasified and distributed to customers in Singapore. KIS, a global provider of biomethane and renewable energy solutions, said the partnership represents the first phase of a wider strategic framework designed to address growing demand for methane capture and renewable natural gas (RNG). KIS founder and chief executive officer K.R. Raghunath said the deal is expected to play a key role in helping Singapore’s customers meet their decarbonisation targets. “We look forward to expanding this collaboration and strengthening our partnership further,” he said. Shell Energy Asia’s general manager of new business development, Aditya Gupta, added that the alliance underscores Shell’s commitment to accelerating the energy transition. “By leveraging our combined expertise, we are helping Singapore and the wider region advance their climate goals,” he said. Bio-LNG, produced from organic waste, offers a renewable alternative to conventional LNG and significantly reduces greenhouse gas emissions.

ESG

RM1.5 Billion Trade Potential For Malaysia At Expo 2025 Osaka Showcase

KUALA LUMPUR, Malaysia has secured over RM1.5 billion in trade and investment prospects during Week 22 of Expo 2025 Osaka, held from Sept 8-14, 2025, according to the Ministry of Natural Resources and Environmental Sustainability (NRES). In a statement today, the ministry said the initiative was co-led by the Ministry of Energy Transition and Water Transformation (PETRA) and NRES, with the Malaysian Green Technology and Climate Change Corporation (MGTC) as the implementing agency. The trade and investment value was derived from 68 business meetings between Malaysian companies and international organisations across the energy, water, and green technology sectors. Of the total, RM38.74 million came from the signing of memoranda of cooperation, understanding, and agreement. The ministry noted that the figure is likely to rise further, as several companies have yet to confirm or disclose the outcomes of ongoing discussions. Malaysia’s participation in Week 22 highlighted its commitment to sustainability, biodiversity protection, renewable energy adoption, and water resource management, while also advancing the Malaysia MADANI vision. Through the Malaysia Pavilion, the country showcased its ambitions for a low-carbon and climate-resilient future via exhibits, pocket talks, business forums, and technology showcases. Company representatives and ministry officials also delivered presentations on Malaysia’s leadership in energy transition and green innovation. The NRES said the programme helped reinforce Malaysia’s position as a reliable global partner in driving sustainability and innovation, while strengthening ties with international stakeholders, industry leaders, and civil society groups. The week-long programme concluded with a closing ceremony and the screening of Footprints in the Forest, an environmental film calling for the protection of forests, wildlife, and ecosystems, serving as a symbolic reminder of the collective responsibility towards environmental conservation.

Media OutReach

Vingroup named to TIME’s ‘World’s Best Companies 2025’ list

HANOI, VIETNAM – Media OutReach Newswire – 18 September 2025 – Vingroup, Vietnam’s leading private conglomerate, has been honored as one of the “World’s Best Companies” by TIME magazine. Vingroup is the first and only Vietnamese company to be included on this elite global list, solidifying its reputation and standing on the international stage. The “World’s Best Companies 2025” ranking, compiled by TIME in collaboration with global data firm Statista, evaluates businesses on three key criteria: Revenue Growth, Employee Satisfaction, and in-depth analysis of Sustainability (ESG). Vingroup, as the first Vietnamese enterprise to meet the rigorous selection standards, demonstrated a strong performance across all three metrics. With a total score of 77.06, the conglomerate secured the 817th position among the top 1,000 companies worldwide. In the Revenue Growth category, Vingroup was ranked “Very High”. The Group’s total assets exceeded 958.235 trillion VND as of June 30, 2025. Its consolidated net revenue and after-tax profit for the first half of 2025 reached nearly 130.476 trillion VND and 4.540 trillion VND, respectively, representing a 103% increase in revenue compared to the same period the previous year. For Employee Satisfaction, Vingroup ranked 894th globally. The Group has cultivated a dynamic work environment that fosters dedication, innovation, and engagement, with a strong emphasis on professional and personal development. Vingroup has consistently topped the “Best Places to Work in Vietnam” lists by independent evaluation organizations. In the Sustainability category, Vingroup’s significant contributions to societal development, both within Vietnam and on a global scale, distinguished it from many other major international brands. Vingroup has become a model for sustainable economic and social development, particularly through its leadership in the global green mobility revolution. Madam Le Thuy, Vice Chairwoman of Vingroup and Chairwoman of VinFast, stated: “Being named one of TIME’s ‘World’s Best Companies 2025’ is not only a testament to our tireless efforts but also a recognition of Vingroup’s credibility, transparency, and global standing. This will motivate us to continue our commitment to sustainable growth, fostering a progressive work culture, and making a positive impact on the community and society for a better future for all.” This recognition follows two consecutive years of accolades for VinFast, a Vingroup subsidiary, which was previously named to TIME’s “100 Most Influential Companies 2024” and “Asia-Pacific’s Best Companies of 2025” lists. In the latter, VinFast was recognized as one of the companies “shaping the region’s position on the global economic map.” Founded 101 years ago, TIME is a leading global magazine headquartered in New York. With its worldwide presence and deep, objective analysis of political, economic, cultural, and scientific events, TIME holds significant influence in shaping public discourse. Its lists and rankings are widely regarded as authoritative and credible worldwide. Hashtag: #Vingroup The issuer is solely responsible for the content of this announcement. About Vingroup Vingroup is a leading private economic conglomerate in the region, with a workforce of 200,000 employees. Its operations extend beyond Vietnam to international markets including North America, Europe, India, the Middle East, and Southeast Asia. The Group’s five core pillars are Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, and Social Enterprises. Vingroup offers a diverse ecosystem of products and services, from electric cars, e-scooters, and robots to artificial intelligence, entertainment, tourism, real estate, retail, healthcare, education, transportation, and renewable energy. Six Vingroup brands, Vinhomes, VinFast, Vinpearl, Vincom Retail, Vinschool, and Vinmec, were recently named to the “Top 100 Most Valuable Brands in Vietnam” list by global brand valuation firm Brand Finance.

Media OutReach

iBoozee Launches Asia’s First Smart Robotic Juice Machines in Singapore

Award-winning innovation set to deploy 500 units islandwide; transformation of healthy juice-on-the-go for millions SINGAPORE – Media OutReach Newswire – 18 September 2025 – iBoozee, an ASEAN Award-winning innovator in the food and beverage technology sector, today marked a new milestone in its expansion with the unveiling of its Smart Robotic Mixed Fruit Juice and Apple Machines in Singapore. Building on over a year in the market, this launch reaffirms iBoozee’s leadership in redefining healthy, on-the-go choices through freshness, innovation, and lifestyle convenience. iBoozee, the ASEAN award-winning innovator, redefines freshness with its breakthrough Automated Dual Fruit Juice Machine. The iBoozee vending machines are the first in Asia to feature Dual Fruit Dispensing Technology, allowing customers the experience of enjoying either pure apple juice, orange juice, or a customised mix—all freshly pressed on demand. Each serving contains the equivalent of 3-4 of an apple or orange, with no added sugar, water, or preservatives, making this an excellent lifestyle choice for anyone living in a city with a hectic pace and who yet want the best and freshest to stay fit and sharp. Healthy Convenience, Powered by Smart Tech More than just machines, iBoozee deliver: Robotic Processing Technology: Fruits are washed, cut, squeezed, and served in real time, with a transparent process customers can watch. Smart IoT Monitoring: Operators receive live data on sales, inventory, and machine performance, ensuring consistent quality and uptime. Cashless Transactions: Fully integrated with PayNow, NETS, cards, and e- wallets for a seamless, hygienic experience. Food Safety & Hygiene: Self-cleaning cycles and airtight storage ensure all its fruits are kept fresh, in tip-top condition and safe for consumption. Says Mr Deric Yeo, Group Chief Operating Officer of iBoozee: “We believe that true wellness shouldn’t be complicated or costly. In the midst of a hectic day, a healthy choice should be the easiest one to make. Hence, we created our Smart Robotic Mixed Fruit and Apple Juice: to offer a drink that is not only refreshing and affordable but genuinely better for you. For the student sprinting to class, the professional powering through an afternoon, or the parent needing a nourishing moment—this is for you. iBoozee is our commitment to making wellness convenient, accessible, and within everyone’s reach.” With an ambitious goal of deploying 500 units across Singapore by end 2027, iBoozee is truly poised to become the nation’s largest provider of smart robotic juice machines. The initial roll-out of these machines will include high traffic locations to maximise visibility and convenience. Commercial buildings like offices and shopping malls, public transportation hubs and high-impact neighbourhoods like the Central Business District will be the first to enjoy these smart robotic juice machines. iBoozee’s future-ready machines are already present in Malaysia and concrete plans for expansion are in place for key markets like Indonesia and the Philippines. Opportunities for Entrepreneurs Beyond healthy living, iBoozee is opening the door to entrepreneurship through licensing opportunities. The model is designed to be accessible for working professionals, aspiring entrepreneurs, and retirees, supported by real-time data analytics that optimise machine placement and performance. “As Singapore embraces cashless convenience and healthier living, iBoozee is setting a new benchmark for the vending industry,” said Mr Yeo. “We are not just offering juice—we are offering an entrepreneurial lifestyle opportunity, where partners can grow with us in this next wave of smart retail.” Showcasing at Franchise & Licensing Asia 2025 iBoozee will showcase its latest machines at the Franchise & Licensing Asia Expo (Marina Bay Sands, 18–20 September 2025), inviting franchise partners and investors to join its vision of making healthier choices available 24/7 across Singapore. Hashtag: #iBoozee #JuiceMachines The issuer is solely responsible for the content of this announcement. About iBoozee iBoozee is a proud Singapore brand and ASEAN Award-winning innovator in the F&B vending sector, pioneering Asia’s first Smart Robotic Dual Fresh Fruit Juice Machine. By merging cutting-edge technology with health-conscious living, iBoozee delivers fresh, hygienic, and convenient juice solutions while empowering entrepreneurs through scalable licensing opportunities.

Media OutReach

Twelve Rising Talents from Germany Complete Five-Day Visit to Hong Kong and Shenzhen Experiencing the Region’s Vibrant Innovation and Technology Ecosystem

The visit showcased Hong Kong’s appeal as a launchpad for global talent and startups to the winners of a pitch competition hosted by Hong Kong Talent Engage in partnership with Germany’s Young Founders Network HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Twelve outstanding young innovation and technology (I&T) talents and six organisers from Germany completed an intensive five-day trip to Hong Kong and Shenzhen, co-organised by Hong Kong Talent Engage (HKTE) and Germany’s Young Founders Network (YFN). The visit aimed to provide the young I&T talents with an in-depth exploration of the twin city’s entrepreneurial ecosystem, industry support and I&T opportunities in innovation and technology, following the successful pitch competition held earlier this year in Munich, Germany in June this year. 12 talents from Germany completed an extensive Hong Kong visit, hosted by Hong Kong Talent Engage, to deep dive into Hong Kong and Shenzhen’s dynamic startup and innovation hub. Mr Chris SUN, the Secretary for Labour and Welfare of the Government of the Hong Kong Special Administrative Region said, “Talent and technology are the key engines driving high-quality economic and social development. The Government will continue to promote complementarity and synergy between Hong Kong and other cities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) as well as facilitate the integration of technology and talent with a view to fostering the economic development of Hong Kong and contributing to the impetus of national development.” SUN added that Hong Kong leapt to fourth place globally and first in Asia in the World Talent Ranking 2025, and that the Shenzhen-Hong Kong-Guangzhou innovation cluster was ranked first globally by the World Intellectual Property Organization, reflecting the high international recognition of Hong Kong’s appeal to talent and the GBA’s innovation capacity. A closer look at the Hong Kong potential The 18-member delegation visited the Hong Kong Science Park, the Shatin Communications and Technology Centre of the Hong Kong Jockey Club, the Hong Kong University of Science and Technology Entrepreneurship Center as well as the Qianhai International Talent Innovation and Exchange Centre in Shenzhen, and exchanged views with representatives from the Government’s investment promotion agency, technology enterprises and start-ups from Hong Kong and Mainland China. The delegation also toured various landmarks in Hong Kong to experience the unique charm of Asia’s world city. “Hong Kong and Shenzhen have completely changed my perception of what’s possible in Asia,” said Sophie Defauw, Co-Founder and CEO of AthleteIQ, which is tackling sports injuries with a patent-pending device that predicts muscle overuse injuries minutes in advance. “The level of innovation here, combined with its access to the Greater Bay Area and Southeast Asia, makes it a very attractive development hub, especially for my startup to explore business expansion, validate product-market fit in Asia, and connect with hardware accelerators.” “We’re especially interested in high-end manufacturing, construction, and mobility industries with the efficient supply chain in Hong Kong and Shenzhen,” said Isa Taflan, Co-Founder and CFO, Fibclick, who is revolutionising composite manufacturing through an end-to-end automated tool design system, combining AI, simulation, and augmented reality. “The innovation clusters and regional access offer great collaboration potential and this programme with HKTE was eye-opening.” Leveraging an abundance of resources and more In June this year, HKTE visited Munich, Germany, and co-organised a pitch competition on I&T and entrepreneurship with the local youth entrepreneurship organisation. Twelve winning I&T talents were invited to visit Hong Kong and Shenzhen together with representatives from the organisation and judges of the event. HKTE has completed about 70 outreach visits and hosted more than 170 talent promotional programmes on Mainland China and overseas. The office will enhance its external promotion to recruit more global talent with diverse backgrounds, and provide comprehensive support services to assist incoming talent in integrating into Hong Kong, building the city into an international hub for high-calibre talent. Learn more about Hong Kong’s dynamic opportunities, vibrant lifestyle, and welcoming environment here: https://www.hkengage.gov.hk/en/. Hashtag: #HongKongTalentEngage #HKTE The issuer is solely responsible for the content of this announcement. About Hong Kong Talent Engage (HKTE) HKTE, an office under the Labour and Welfare Bureau of the Government of the Hong Kong Special Administrative Region, is committed to promoting Hong Kong’s advantages, opportunities, and various talent admission schemes in different global markets while providing comprehensive one-stop support services for incoming talents to facilitate their settlement and integration into Hong Kong for long-term development.

News

Close To RM6 Million Raised For PAS’ Upcoming HQ Near Putrajaya

ALOR SETAR, PAS has raised approximately RM5.86 million to fund the development of its new headquarters, which will be built on land near Putrajaya. An artist’s impression of the new PAS headquarters, complete with convention hall, featuring a futuristic concept. Treasurer Iskandar Abdul Samad said the majority of the funds were used to acquire the site, covering costs such as land purchase, taxes, legal and planning fees, and surveyor charges. After deductions, the party retains a balance of RM528,430. “For the first time in over two decades, PAS officially owns land under its name, held through a registered trustee,” he said when presenting the party’s financial report at its 71st muktamar. According to Iskandar, the headquarters’ architectural design is in the final stages of preparation, with planning permission expected to be submitted by early next year. The project is slated for completion within three to four years. In the meantime, he noted that the land is already usable. “If necessary, we can even host the muktamar there in a tent, just as we once did in Johor,” he added. PAS’s current headquarters is located along Jalan Raja Laut in Kuala Lumpur. The upcoming building is expected to feature a modern, futuristic design and include a convention hall. Iskandar revealed that donations from Kelantan contributed the largest share of funds, followed by contributions from Terengganu and Selangor. He also confirmed that the party maintains a healthy cash balance of between RM700,000 and RM800,000. “Nearly half of our expenditure goes towards organising programmes. Money is meant to be used for the benefit of the people, not kept idle,” he stressed. Looking ahead, PAS is banking on its monthly contribution initiative, the “Infaq Istiqamah” scheme. The party is targeting participation from at least 10% of its members, which could generate up to RM1 million each month. However, to date, only 10,543 members have signed up—representing less than 2% of PAS’s total membership.

Investment & Market Trends

China’s Chery Plans Up To US$1.2 Billion Hong Kong Float, Marking 2025’s Largest IPO

HONG KONG, Chinese automaker Chery Automobile Co Ltd is seeking to raise as much as HK$9.15 billion (US$1.2 billion) through a Hong Kong initial public offering (IPO), marking the city’s biggest listing of the year, according to its prospectus filed on Wednesday. The carmaker plans to issue 297.4 million shares at a price range of HK$27.75 to HK$30.75 per share. The final pricing is expected to be set on September 24, with trading scheduled to commence on September 25. Best known for its Chery, Jetour and iCAR brands, the company is looking to capitalise on growing investor demand as it accelerates expansion in the competitive electric and smart vehicle sector. The offering will stand as Hong Kong’s largest IPO of 2025, a year that has so far seen subdued fundraising activity dominated by secondary listings from mainland Chinese firms. It also follows the US$4.6 billion share sale by Chinese battery giant Contemporary Amperex Technology Co Ltd (CATL) in May, which remains this year’s largest deal overall. According to the filing, cornerstone investors have committed to buying up to US$587 million worth of shares. Chery intends to allocate 35% of the proceeds towards research and development of new passenger vehicle models to broaden its portfolio, while another 25% will go into next-generation vehicle development over the next three years. The IPO comes as Chery ramps up its international presence. The company announced in July that it would introduce its Chery brand in the UK, starting with two new SUV models. This builds on the earlier rollout of its Omoda brand in August 2024 and Jaecoo brand in January 2025, as Chinese automakers increasingly compete for market share in Europe. At the current exchange rate, US$1 equals HK$7.7805.

Media OutReach

Policy Address by Hong Kong SAR’s Chief Executive John Lee: Deepening Reforms and Leveraging Strengths for a Brighter Future

HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Hong Kong’s Chief Executive, John Lee, today (September 17) announced his fourth Policy Address, unveiling a range of initiatives to strengthen both established and emerging industries, attract overseas investment and talent, support Mainland China enterprises to “go global” and improve people’s livelihood. Hong Kong SAR’s Chief Executive John Lee’s fourth Policy Address is themed “Deepening Reforms for Our People Leveraging Our Strengths for a Brighter Future”. “The well-being of our people is intimately linked to the health of our economy, making economic growth the key driver of livelihood improvement,” Mr Lee said. Entitled “Deepening Reforms for Our People Leveraging Our Strengths for a Brighter Future”, the Policy Address initiatives are well aligned with the city’s competitive advantages under the “One Country, Two Systems” principle, Mr Lee said. “With an ever‑expanding influence internationally, Hong Kong is rated the world’s freest economy, as well as an advanced and business‑friendly city. These fully demonstrate the notable institutional strengths and great vitality of ‘One Country, Two Systems’,” he added. The Chief Executive said the development of the Northern Metropolis, an area that borders the Mainland and accounts for about one-third of Hong Kong’s total area and population, was a “new engine for Hong Kong’s economic development and holds immense potential.” To accelerate its development, a new Committee on Development of the Northern Metropolis will be set up, chaired by the Chief Executive, with a view to raising the level of decision-making. Administrative workflows will be streamlined, while unnecessary barriers and restrictions will be removed. Additionally, dedicated legislation will be introduced to empower the Government to devise simplified statutory procedures for accelerating the development of the Northern Metropolis. On industry development, Mr Lee said that artificial intelligence (AI) was “a key driving force”. “With our advantages in scientific research, capital, data and talent, together with abundant use cases, Hong Kong is poised to become a global hub for AI development,” Mr Lee said. The Government has launched the HK$3 billion (about US$386 million) Frontier Technology Research Support Scheme to help funded universities attract international top‑notch scientific researchers in AI and other fields to Hong Kong to spearhead basic research in frontier technologies, Mr Lee added. Hong Kong has an advantage in internationalisation and possesses strong scientific research capabilities, with various universities participating in national aerospace projects. This, coupled with financing advantages, allows Hong Kong to promote the development of aerospace science and technology, supporting the space economy. To attract more investment from the Mainland and overseas, Mr Lee announced that the Government would formulate preferential policy packages, that would include incentives such as land grants, land premiums, financial subsidies, and tax incentives, to attract high value‑added industries and high‑potential enterprises to set up in Hong Kong. New industrialisation-related industries, such as aircraft recycling and new energy, will also be attracted and developed. The Government will foster the development of the life and health technology industry and set up the Hong Kong Centre for Medical Products Regulation, helping pharmaceutical companies bring innovative drugs to the market. To consolidate Hong Kong’s status as an international hub and integrate into overall national development, the Policy Address proposed a range of initiatives to support development of core industries. Regarding financial services, the Government will expedite the building of a premier international gold trading market by supporting more institutions to establish gold storage facilities in Hong Kong, with a target gold storing capacity of over 2 000 tonnes in three years, propelling Hong Kong into a regional gold reserve hub. The Government will also encourage gold traders to set up or expand refineries in Hong Kong, establish a central clearing system for gold in Hong Kong, and offer a greater variety of gold investment vehicles. Hong Kong is expected to become the world’s largest cross-boundary wealth management centre in the next few years. The Government will enhance the New Capital Investment Entrant Scheme to attract more investors by lowering the transaction price threshold for residential properties from HK$50 million (about US$6.43 million) to HK$30 million (about US$3.86 million). To propel Hong Kong towards becoming an international hub for post-secondary education and high-calibre talents, the Government will construct the Northern Metropolis University Town and establish the Task Force on Study in Hong Kong to promote the “Study in Hong Kong” brand. Hong Kong is among the world’s top three art trading centres. The Government will step up efforts to build Hong Kong into a global premium arts trading hub by developing an arts ecosystem at the Airport City, deepening collaboration with Art Basel, and engaging the industry to carry out studies on taxation, financing, talent, and related areas of art trading. Mr Lee concluded, “Hong Kong faces challenges and is also presented with continuing opportunities amid the changing world. Our country, the world’s second-largest economy, is our staunchest supporter and the source of our biggest opportunities. Combined with Hong Kong’s international prospects, our opportunities far outweigh the challenges. By working together, innovating, and embracing reform, we will turn our beloved Hong Kong into an even better home for everyone. The Pearl of the Orient will keep shining brighter than ever before.” Hashtag: #hongkong #brandhongkong #policyaddress #reform #strength https://www.brandhk.gov.hk/https://www.linkedin.com/company/brand-hong-kong/https://x.com/Brand_HK/https://www.facebook.com/brandhk.isdhttps://www.instagram.com/brandhongkong The issuer is solely responsible for the content of this announcement.

Media OutReach

Gorilla Signs $1.4 Billion Contract with Freyr Singapore to Build Southeast Asia’s AI Data Centre Backbone

Phase One deployment valued at $300 million begins in Indonesia Gorilla to Lead AI Infrastructure, GPU Deployment and Multi-Year SLA Operations London, United Kingdom – (Newsfile Corp. – September 17, 2025) – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, and Singapore-based infrastructure platform Freyr have together signed a three-year, $1.4 billion contract to develop a network of AI-powered data centres across Southeast Asia. Execution will begin with a $300 million initial phase that will launch in Q4 2025. Gorilla and Freyr will serve multiple entities in developing infrastructure in the region. The multi-year contract positions Gorilla as the lead provider of AI infrastructure, service-level operations and end-to-end data centre intelligence across three regional markets: Indonesia, Malaysia and Thailand. While Gorilla will serve as principal operator and infrastructure lead, Freyr will be its regional expansion partner. Gorilla will utilise local co-location facilities and deploy its proprietary AI stack, including GPU-as-a-Service infrastructure, orchestration software and real-time monitoring systems, while managing performance and uptime SLAs over an initial three-year term, with optional 2-year extensions. “Gorilla has a uniquely strong understanding of this region and therefore the right vantage point to develop this critical network of data centres,” said Jay Chandan, Chairman & CEO, Gorilla Technology Group Inc. “We have been building in AI for more than 17 years, and we understand this region better than most. To have secured a customer of this calibre, a multi-billion-dollar telco with unmatched scale and reputation, is a powerful validation of Gorilla’s capability. Being trusted by such an institution from the outset speaks volumes about the strength of our platform and execution model. Together with Freyr, we are deploying at scale, not talking about it. Phase One alone is $300 million and it is only the start of a much larger expansion.” “This partnership is based on a simple and collective belief that Southeast Asia deserves sovereign, intelligent, high-performance infrastructure,” said Cary Liu, CEO of Freyr. “This is not just a $1.4 billion contract; it is the beginning of a broader expansion strategy. Together, Freyr and Gorilla are already targeting new data centre opportunities worth at least $2.5 billion over the next couple of years. The Southeast Asian data centre market is expected to exceed $12 to 15 billion and this alliance positions us right at the centre of that growth. With Gorilla’s AI leadership and our regional execution platform, we are not just keeping pace with demand, we are shaping it.” “Having spent decades building infrastructure strategies across global markets, I can say with confidence that this contract sets a new benchmark for how AI infrastructure should be executed,” said Thomas Sennhauser, Board Member Gorilla Technology Group Inc. “Gorilla’s advantage is clear: deep local understanding, operational speed and serious technical muscle. This is what happens when experience meets urgency. The shift from hyperscale to regionally intelligent infrastructure has begun, and Gorilla is leading that transition.” Gorilla and Freyr will now finalise detailed Statements of Work (SOWs), Service Level Agreements (SLAs) and GPU infrastructure deployment schedules. Site selection and systems integration for the initial phase are already underway, with AI services expected to go live in early 2026. About Gorilla Technology Group Inc. Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website: Gorilla-Technology.com. About Freyr Technology Freyr Technology AI, based in Singapore, delivers full-stack infrastructure solutions for AI and HPC across the Asia-Pacific. As a NVIDIA Preferred Partner, Freyr offers bare-metal leasing, turnkey GPU clusters, fast hardware delivery and deployment services. Their strength lies in making complex infrastructure simple—from GPUs to networking to fully optimised clusters—giving enterprises and governments the speed, reliability and flexibility they need. For more information, please visit: freyrtech.ai. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to convert our pipeline, our ability to and the circumstances under which we would reduce our debt, our ability to attract the attention of customers and investors alike, our expansion into southeast Asia, Gorilla’s largest projects and ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the “SEC”) on April 30, 2025 and those that are included in any of Gorilla’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned

Media OutReach

Cushman & Wakefield responses to the Policy Address 2025/26

HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Response to the Policy Address 2025/26 by KK Chiu, International Director, Chief Executive, Greater China of Cushman & Wakefield: Housing Supply and Land Policy Optimize land resource allocation and accelerate public housing supply Hong Kong’s land allocation policies have a profound impact on people’s lives. We are pleased to see the government actively promoting Light Public Housing and other subsidized housing in recent years, as the overall policy direction helps improve living conditions. While we recognize the government’s efforts to introduce various measures to support housing needs, we believe it remains necessary to continuously increase the supply of public housing and accelerate the turnover and allocation of public housing resources. Welcoming lower construction costs to drive land development A major difficulty in land development lies in the persistently high construction costs. We are pleased to see the government adopting a multi-pronged approach to reduce construction costs and optimize process design. On this basis, we recommend that the government further rationally and timely allocate financial, human, and other resources. At the same time, it should proactively strengthen communication with the central government to strive for more centralized procurement benefits that meet Hong Kong’s needs, thereby compressing core costs such as building materials and equipment to enhance overall cost-effectiveness. This move will help accelerate the pace of land supply and provide the market with a more stable and affordable development space. Cross-District Transfer of Plot Ratio to Help Advance Redevelopment We support the government in promoting urban renewal with a more flexible approach, especially the relaxation of arrangements for the cross-district transfer of plot ratio. This helps to enhance the incentive for redevelopment and can also effectively alleviate the disputes and difficulties in land resumption and compensation, allowing redevelopment projects to be implemented more smoothly. Enriching the Home Ownership Ladder to Help Citizens Settle and Purchase Homes In addition to the continuous increase in the construction of public rental housing, I am pleased to see the government providing home ownership opportunities for families with general economic capabilities. With a significant increase in the supply of Home Ownership Scheme (HOS) flats, raising the Green Form quota ratio will assist more public rental housing tenants in purchasing their own homes. At the same time, this allows other applicants on the public housing waiting list to be housed more quickly, achieving a win-win situation. Furthermore, I am also pleased to see the Housing Authority’s plan to add another 1,000 quotas for eligible applicants of the “White Form Secondary Market Scheme.” Half of these will be allocated to young families and single-person applicants under the age of 40, helping young families realize their dream of home ownership. Response to the Policy Address 2025/26 by Alva To, Vice President, Head of Consulting, Greater China of Cushman & Wakefield: Northern Metropolis Development From “Supervision” to “Development”: The Northern Metropolis Enters a Critical New Phase of Implementation Our organization is pleased to see the Northern Metropolis officially transition from the “supervision” upgrade to the “development” phase, with the new “Northern Metropolis Development Committee” to be personally led by the Chief Executive. This structural change not only symbolizes a shift in policy focus but also demonstrates the government’s strong emphasis and determination for the project’s implementation. The establishment of three dedicated working groups will effectively enhance overall planning coordination, execution efficiency, and regulatory capacity, laying a solid foundation for the substantive development of the Northern Metropolis. I. Development and Operation Model Design Group: The Core Driver for Landing Mainstream Industries Operation-First, Construction-Led: This group is responsible for promoting the introduction and operation of mainstream industries, including the formulation of public-private partnership models such as “Build-Operate-Transfer” (BOT). This move reflects the government’s awareness that the key to the Northern Metropolis’s success lies not just in construction itself, but in sustainable subsequent operations and the successful establishment of industries. Incorporating a Technology-Oriented Approach in the “Two-Envelope Approach”: Our organization supports the government’s adoption of the “two-envelope approach” and recommends further increasing the weighting of the technical bid. This would make the quality of the industrial proposal, long-term commitment, and implementation capability the core criteria for evaluation. Introducing the “1.5-level development” Model: The concept of “1.5-level development” requires not only the initial introduction of facilities for entertainment, dining, and MICE (Meetings, Incentives, Conferences, and Exhibitions), but more importantly, how to prepare and nurture the foundation for mainstream industries in the early stages. Therefore, our organization suggests first completing the research and positioning of mainstream industries. In the initial phase, ancillary facilities that require lower development intensity and smaller capital investment but can support the growth of mainstream industries should be introduced. Through several years of incubation and operation, population flow and industrial elements can be gradually gathered. Once the industries mature, the second phase of development can commence, thereby extending the value of the space and amplifying economic momentum. Adopting Flexible Land Development Models: We are pleased to see the government adopting diversified land grant methods, including leases, open tenders, restricted tenders, and even direct grants, coupled with industry-specific conditions to accelerate the implementation of high-potential projects. We welcome the government’s encouragement of broad market participation in the construction of the Northern Metropolis to enhance the efficiency and precision of land allocation. II. University Town Planning and Construction Group: Building the “Talent Engine” Behind Industrial Development Mutual Empowerment of Education and Industry: The University Town is not only a base for talent cultivation but also a cradle for promoting innovative research and development and high-value-added industries. Universities have a powerful “enabling effect”; in addition to exporting talent, they help upgrade mainstream industries to higher levels of technology and knowledge intensity. Construction of a Research Commercialization Platform: The government is encouraged to leverage universities to promote scientific research and attract local and international academic resources, establishing the Northern Metropolis as a base for international innovation talent. III. Planning and Development Working Group: The Key Force for Implementing Hardware Infrastructure and Managing

Scroll to Top

Subscribe
FREE Newsletter