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Property

MRCB Assumes Full Ownership Of Stalled Project From EPF

PETALING JAYA, Malaysian Resources Corp Bhd (MRCB) will take full control of Bukit Jalil Sentral Property Sdn Bhd (BJSP) after agreeing to acquire the Employees Provident Fund’s (EPF) 80% stake in the joint venture for RM1.58 billion. The deal, which ends a stalled partnership, will allow MRCB to reshape and relaunch the project. In a filing with Bursa Malaysia, MRCB said its wholly-owned unit Rukun Juang Sdn Bhd (RJSB) signed a share sale agreement on Sept 8 with EPF’s subsidiary Tanjung Wibawa Sdn Bhd to acquire eight million ordinary shares and 1.13 billion redeemable preference shares in BJSP. As of Aug 15, RJSB already held a 20% stake, meaning BJSP will become a wholly-owned subsidiary once the deal is completed. Land and ValuationBJSP, incorporated in 2017, owns three parcels of commercial leasehold land in Bukit Jalil covering 308,840 sq m. The land, with a 99-year tenure expiring in December 2116, has a combined net book value of RM1.49 billion but was valued at RM2.06 billion in July by IVPS Property Consultant Sdn Bhd. MRCB said the RM1.58 billion purchase price was agreed on a willing-buyer willing-seller basis, close to KPMG Corporate Advisory Sdn Bhd’s adjusted net asset valuation of RM1.57 billion. The transaction also includes shareholder advances of RM69.2 million previously provided by EPF’s unit to BJSP, which MRCB may have to assume if not repaid. Funding and Financial ImpactThe acquisition will be financed through a mix of borrowings and internal funds. Based on estimates, MRCB’s net borrowings will rise to RM3.58 billion, increasing its gearing ratio from 0.27 to 0.61 times. On a pro forma basis, earnings per share for FY2024 are expected to increase from 1.43 sen to 2.37 sen, while net assets per share will edge up from RM1.03 to RM1.06. Project Background and Future PlansThe Bukit Jalil project was initially planned as a large mixed-use development with office towers, hotels, retail, serviced apartments and residential units. However, the venture stalled due to pandemic disruptions and rising costs. “As no progress has been made, both parties had considered alternatives and revisions to the original plan but could not reach a conclusion,” MRCB said. With full control, MRCB plans to reassess the project, possibly revising the property mix to better match market demand. One option under study is incorporating data centres, given the land’s connectivity and its proximity to MRANTI Park. “The growing demand for data centres has already attracted operator interest in nearby sites. These parcels could become an extension of MRANTI’s technology hub,” MRCB noted, adding that feasibility and environmental studies will be conducted before finalising any plans. Regulatory ApprovalsBecause EPF is both the vendor and a substantial shareholder in MRCB with a 36.2% stake, the deal is classified as a related-party transaction. Kenanga Investment Bank Bhd has been appointed as the independent adviser to evaluate the fairness of the acquisition. The deal requires shareholder approval at an EGM, along with regulatory and contractual clearances, and is expected to be completed by the second quarter of 2026.

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AVATR VISION XPECTRA Makes Global Debut, AVATR Original Design Aesthetics Captivate Munich

MUNICH, GERMANY – Media OutReach Newswire – 8 September 2025 – AVATR Technology hosted the “AVATR Brand Day: A Brilliant New Horizon” at UTOPIA München and unveiled the world’s first emotional intelligence (EI) concept car, AVATR VISION XPECTRA. The event also featured the limited-edition AVATR 012, co-created with Kim Jones, as well as the AVATR 11 Royal Theatre Edition and the AVATR 07 and 06, collectively showcasing the brand’s latest advances in original design and intelligent technology. The world’s first Emotive Intelligent (EI) vision car, AVATR VISION XPECTRA , the limited-edition AVATR 012 co-created with Kim Jones, the exclusive custom AVATR 11 Royal Edition, the Urban Luxury SUV AVATR 07, and the Luxury Sports Sedan AVATR 06 picture designed by AVATR The design of AVATR VISION XPECTRA draws inspiration from the “Force of Natural Energy.” Its exterior is defined by clear, powerful lines that express composure and tension, while the interior blends premium materials with cutting-edge technology to create an intelligent, personalized immersive space. The vehicle is not merely a means of transportation; it is positioned as an emotional companion. At the core of its intelligent interaction system, AVATR VISION XPECTRA features “The Vortex,” which intuitively discerns user needs and responds to emotions through interactions using light, motion, and intuitive cues. The concept car also features “Smart Light Key” technology, integrating touch and gesture recognition, enabling users to seamlessly switch between advanced driver-assistance and fully autonomous modes. The world’s first Emotive Intelligent (EI) vision car, AVATR VISION XPECTRA picture designed by AVATR Nader Faghihzadeh, Chief Design Officer of AVATR, explained: “AVATR VISION XPECTRA is an Emotional Intelligence (EI) companion shaped by energy and connected through emotion. Here, every journey becomes a vivid declaration of ‘Emotional New Luxury’.” AVATR’s Global Design Center in Munich crafted AVATR VISION XPECTRA, which brings together nearly 200 design and creative talents from 25 countries. Through this international collaboration, AVATR combines global cutting-edge design with its vision for future intelligent vehicles, shaping a unique design philosophy. The debut of AVATR VISION XPECTRA not only demonstrates AVATR’s exploration of original design but also reflects the brand’s commitment to pioneering new possibilities for future mobility through the integration of original design and intelligent technology. Hashtag: #AVATR The issuer is solely responsible for the content of this announcement.

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Gorilla Technology Secures AI Government Intelligence Platform Win in Asia

Solidifies position as prime vendor for AI-based Internet Protocol Detail Record analytics in the APAC region London, United Kingdom – Newsfile Corp. – September 8, 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, today announced it has secured another major government win in APAC this year, reinforcing its position as the region’s trusted partner for AI-powered law enforcement modernisation and sovereign intelligence infrastructure. This newly awarded one-year contract is valued in the tens of millions of dollars and will enable AI-first smart policing GPU-as-a-Service for one of Asia’s most advanced national investigative bureaus responsible for high-level cybercrime and digital intelligence investigations. Building on the momentum of its recent 5G AI Lawful Interception platform win, this project marks Gorilla’s second consecutive AI-led national enforcement deployment in 2025 alone and appoints Gorilla the prime vendor for ground-breaking AI-based IPDR (Internet Protocol Detail Record) analytics in the APAC region. “Gorilla is delivering mission-critical security and intelligence systems to forward-thinking regions,” said Jay Chandan, Chairman and CEO of Gorilla Technology. “We have positioned Gorilla as a foundational AI partner in the APAC region, and we are building a strong track record in advancing AI-first national platforms across smart policing, GPU-as-a-Service data centres, cross-border intelligence, and digital forensics. As this is our second win in a fortnight, it is clear we are dominating the AI infrastructure market opportunity in APAC. This is what leadership in applied AI looks like and we are just beginning.” The system is designed to enable national, investigative agencies to retrieve and reconstruct historical network traffic using advanced AI models-capabilities that were previously unattainable in the region’s cybercrime enforcement landscape. Gorilla will lead the delivery effort in collaboration with regional partners to ensure rapid execution and long-term scalability. Gorilla will also be focusing on AI compute scale-up, edge-cloud federation, and national model training capabilities. The platform will deploy Gorilla’s proprietary AI inference engines, enabling authorities to mine historical digital footprints, reconstruct communication chains and identify anomalous behaviours across petabytes of network metadata. Designed for real-time decision support and post-incident forensics, the solution puts Gorilla at the heart of national cyber-resilience efforts across Asia. “Governments across the region are no longer looking for point solutions. They are looking for long-term AI partners who can deliver scale speed and sovereign control,” said Jackie Wang, Gorilla Technology General Manager, ASIA (ex. India). “This win proves our strategy is working. That is exactly what Gorilla offers.” Gorilla is positioned to become the market leader for AI-powered public safety and enforcement across Asia, please find more information on previously announced agreements, partnerships, and corporate milestones in the “Press Releases” section of the Company’s website, here. 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. 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 not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. Public Relations Contact: Samantha Dowd Prosek Partners [email protected] Investor Relations Contact: Dave Gentry RedChip Companies, Inc. 1-407-644-4256 [email protected] The issuer is solely responsible for the content of this announcement. About Gorilla Technology Group Inc.

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Solar power project transforms desert into energy hub

ORDOS, CHINA – Media OutReach Newswire – 8 September 2025 – From September 16 to 17, 2025, the 10th Kubuqi International Desert Forum will convene in Ordos, Inner Mongolia Autonomous Region. Recently, reporters visited the Kubuqi Desert to investigate desertification control measures. Seen from the air, 196,000 solar panels stretch across the Kubuqi Desert in a striking horse-shaped mosaic, while on the ground, visitors to Chaideng Village, Ordos City, stroll along the solar station and nearby farmstays, savouring local delicacies in what was once the desolate “sea of death.” The Kubuqi Desert, China’s seventh-largest, located in Inner Mongolia Autonomous Region, was once known as the “sea of death.” However, it boasts abundant solar resources and is an ideal place to build a solar power station. An aerial drone photo taken on Sept. 3, 2025 shows a photovoltaic and desertification control project in Kubuqi Desert, north China’s Inner Mongolia Autonomous Region. The Junma solar power station — “Junma” meaning “fine horse” in Chinese — is part of an ambitious desert reclamation project known as the “great photovoltaic wall,” stretching along the northern edge of the Kubuqi Desert. The grand project is planned to extend about 400 kilometers with an average width of five kilometers. Upon completion, it is set to have an installed capacity of 100 million kilowatts. At the Kubuqi Desert Ordos Central-Northern New Energy Base project, located in the central section of the “great photovoltaic wall,” rows of blue solar panels glisten under the sun. “The first and second phases of the project, each with an installed capacity of one gigawatt, have been successfully connected to the grid, transforming over 63,000 mu (about 4,200 hectares) of desert into a sea of solar panels,” said Na Guiting, deputy president of Inner Mongolia Three Gorges Mengneng Energy Co., Ltd., the company responsible for the project. As one of China’s first large-scale renewable energy bases with a capacity exceeding 10 gigawatts, the base is set to develop eight gigawatts of solar power, four gigawatts of wind power, and four gigawatts of supporting coal power. Once the project is completed, it will deliver approximately 40 billion kilowatt-hours of electricity annually to the Beijing-Tianjin-Hebei region, with over 50 percent coming from clean energy sources, according to Na. It is equivalent to saving about 6 million tonnes of standard coal and reducing carbon dioxide emissions by around 16 million tonnes each year, Na added. Beneath the solar panels, various sand-fixing plants are thriving. The panels provide shade, cut groundwater evaporation and reduce wind speeds, all of which support plant growth, said Hong Guangyu, a researcher with the Academy of Forestry Sciences of Inner Mongolia Autonomous Region, adding that the plants prevent dust from rising, which in turn benefits solar power generation. The city of Ordos, also known for its abundant coal resources, has several large coal mines around the Kubuqi Desert. The treated drainage water from the coal mines is channeled to the solar power base and used to clean the solar panels and water the plants. Local residents are also reaping the benefits of the solar projects. “These projects shield us from wind and sand, allowing our village to cultivate over 10,000 mu of high-standard farmland this year. If leased out, the land can bring villagers 900 yuan (about 126.6 U.S. dollars) per mu each year,” said Han Rongkuan, a local farmer. At the 16th Conference of the Parties to the United Nations Convention to Combat Desertification, Ordos shared its experience in photovoltaic-based desertification control with other cities. “The story of solar power projects in Kubuqi Desert embodies Chinese wisdom and solutions, demonstrating a sustainable path that combines ecological and economic benefits in the fight against desertification,” Hong said. Under China’s Three-North Shelterbelt Forest Program (TSFP), the world’s largest afforestation initiative launched in 1978 to combat desertification across the country’s northwestern, northern and northeastern regions, a total of 480 million mu of forests have been planted and preserved, while 1.28 billion mu of degraded grasslands have been successfully restored. At the Central Economic Work Conference in 2024, China urged efforts to push for major progress in the landmark projects of the TSFP and promote faster construction of new energy bases in sandy areas, rocky areas and deserts. The issuer is solely responsible for the content of this announcement.

Media OutReach

ONYX Hospitality Group Spotlights Shama Serviced Apartments: Redefining Urban Living Across Asia

BANGKOK, THAILAND – Media OutReach Newswire – 8 September 2025 – As urban professionals increasingly turn to serviced apartments for a better balance of work, family, and lifestyle, ONYX Hospitality Group is spotlighting its Shama brand — a growing collection of residences in Thailand, Malaysia, Hong Kong, and China. Designed to meet the needs of today’s new generation of city dwellers, Shama offers the flexibility, convenience, and community that redefine the modern urban home. Shama: A New Way of Living Shama is designed for executives, professionals, and families who require both short- and long-term accommodation. It offers spacious residences with functional layouts – complete with kitchens and living areas – alongside amenities for everyday life. All of this is complemented by hotel-standard services to ensure comfort and ease. More than just providing a place to live, Shama reimagines the home experience by blending the warmth of home with the conveniences of a hotel. This approach resonates with modern city dwellers who value quality of life and flexibility over traditional property ownership. It is why Shama stands as a pioneer of the New Urban Living Mindset, making the idea of a “second home” a reality for today’s urbanites. Shama is more than just a place to stay; it is a new way of living. Offering flexibility, convenience, and a better quality of life, Shama is redefining the modern home for city dwellers across Asia. Why Serviced Apartments? For the new generation, a home is more than just a house or a condominium. It is about quality of life, convenience, and a sense of community. Today’s urban dwellers, especially executives and office professionals, are seeking a place that genuinely enhances their lives. They want more than simply a bed for the night or a permanent suburban address; they aspire to a space that seamlessly balances work, relaxation, and family life. For professionals advancing their careers, a home close to their workplace, with convenient transport links and comprehensive services, is a critical advantage. It enables them to focus fully on their work, safe in the knowledge that when they return, they can unwind and recharge both physically and mentally without worrying about everyday details. For parents with children studying in the city, a “home” means a safe and accessible environment with services and communities that ensure a high quality of life – an environment where their children can thrive. The Serviced Apartment Advantage Serviced apartments have therefore emerged as the ideal solution for modern city living. They present a superior alternative to renting a condominium, which can often mean limited space and few services, or staying in a hotel, which is rarely practical for longer-term stays. Unlike purchasing a home, which carries the burden of maintenance and the challenge of relocating as circumstances change, serviced apartments provide a flexible, convenient option. With features perfectly suited to the urban lifestyle, serviced apartments provide spacious living areas complete with fully equipped kitchens, living rooms, and dedicated workspaces, as well as shared spaces for unwinding. Hotel-standard services take care of everyday essentials, while prime locations close to business districts, schools, and leading hospitals offer both convenience and peace of mind. Above all, serviced apartments foster a sense of community that enhances overall quality of life. And when the time comes to move on, residents can do so with ease – free from the burden of resale or letting. This is why serviced apartments are becoming the new “second home” for today’s urban professionals. More than simply meeting residential needs, they combine flexibility, convenience, and quality of life for a truly fulfilling lifestyle. Discover Shama across a range of locations, each designed to suit different lifestyles: Shama Yen-Akat Bangkok A tranquil retreat in the Silom-Sathorn business district, surrounded by shops and restaurants. Ideal for pet owners and fitness enthusiasts, with Lumpini Park just minutes away. Shama Ekamai Bangkok Situated in the vibrant Ekkamai-Thonglor area, surrounded by community malls, cafés, and restaurants. With spacious residences perfect for long stays, it offers convenient access to Bangkok’s key business districts. Shama Lakeview Asoke Bangkok In the heart of Asoke, overlooking Benjakitti Park and close to major shopping, dining, and entertainment venues. Shama Petchburi 47 Bangkok Nestled in a quiet yet central location adjacent to Bangkok Hospital, and close to wellness centres, spas, and leisure facilities, making it ideal for extended stays. Shama Sukhumvit Bangkok A unique blend of greenery and modern conveniences in central Sukhumvit, with spacious residences and family-friendly amenities, just minutes from Bumrungrad Hospital. Shama Rayong (Opening 2027) Ideally positioned for both business and family living, close to industrial estates and international schools, offering an ideal long-term stay option in one of Thailand’s most important economic hubs. For more information about ONYX Hospitality Group, please visit www.onyx-hospitality.com. To learn more about Shama, visit www.shama.com Hashtag: #ONYX The issuer is solely responsible for the content of this announcement.

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Discover Qianhai’s Talent Appeal from a “72-Hour Experience Pass”

SHENZHEN, CHINA – Media OutReach Newswire – 8 September 2025 – Recently, a “Shenzhen-Hong Kong 72-Hour Experience Pass” has drawn the attention of young “makers” from around the world. The experience program, jointly launched by the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone and the government of the Hong Kong Special Administrative Region, invites global experts to visit, experience, inspect, and collaborate in the Guangdong-Hong Kong-Macao Greater Bay Area. To support this, the program offers 500 air tickets, 200 seaside rooms, and 1,000 opportunities for high-paying jobs. Shenzhen-Hong Kong 72-Hour Experience Pass “This is not just a pass, but also a dialogue, a window, and the starting point of a career,” said an official from the Qianhai Authority. The Authority hopes that this precise, efficient, immersive, and interactive approach can break down information barriers, enabling talented people from around the world to realize their dreams in the Greater Bay Area, a land full of opportunities. Shenzhen-Hong Kong 72-Hour Experience Pass It is learned that the Shenzhen and Hong Kong governments will arrange customized itineraries based on applicants’ backgrounds and needs and provide comprehensive support. This includes assistance with obtaining Shenzhen entry visas, guidance and services throughout the trip, and subsidies covering accommodation, transportation, and meals. Global elites can access the application form by just scanning the official QR code and complete the application by submitting it to the email address designated by Qianhai or Hong Kong. During the 72-hour trip, experts selected in the experience program will enjoy an immersive tour in Shenzhen and Hong Kong from three key perspectives: career, lifestyle, and opportunities. Activities include visits to top universities, sci-tech innovation parks, and world-class technology companies in Shenzhen and Hong Kong, as well as strolling on the shores of Victoria Harbor and riding the “Bay Glory” Ferris wheel. This experience pass program, jointly launched by Shenzhen and Hong Kong, is a vivid example of the two regions working together to build a more internationally competitive talent system. In recent years, Qianhai and Hong Kong have enhanced “hard connectivity” by improving the interconnectivity in transportation, communications, and other infrastructure. In terms of “soft connectivity,” they have focused on advancing the alignment of rules and coordination of mechanisms, removing institutional barriers such as cross-border public services and mutual recognition of professional qualifications. These efforts aim to create a “seamless” development environment for more talented individuals and enterprises seeking opportunities in Qianhai. The effort to attract global talent to the Greater Bay Area and encourage them to stay in Shenzhen and Hong Kong is underpinned by an increasingly comprehensive public service system and a business environment aligned with international standards jointly developed by Hong Kong and Qianhai. For example, the “Shenzhen Qianhai International Business e-Station” platform built by Qianhai provides integrated online and offline services, enabling “one-counter handling” of high-frequency matters such as cross-border notarization and talent introduction. It has become a key service hub for enterprises expanding overseas and for talent entering the Greater Bay Area. Today, Qianhai has become a pivot for connecting resources across the Guangdong-Hong Kong-Macao Greater Bay Area and a strategic platform for integration with the international community. Through innovation and opening up, it is writing a new chapter in Shenzhen-Hong Kong collaboration. By offering growth opportunities for young people from Hong Kong and Macao, creating development prospects for talented people from around the world, and building bridges for enterprises seeking global expansion, Qianhai demonstrates its unique value and boundless potential as a strategic platform for Shenzhen-Hong Kong cooperation. From the 72-hour experience pass to continuous empowerment from a comprehensive service system, Qianhai is conveying strong confidence and sincerity to global makers through its systematic and efficient service philosophy and actions. Here, there are not only vast development opportunities and the “key” to the Chinese mainland market, but also efficient and convenient service support, a more internationally aligned business environment, and a rainforest-like innovation ecosystem. Qianhai’s appeal is prompting global experts to “vote with their feet,” choosing to stay here and join the wave of innovation in the Guangdong-Hong Kong-Macao Greater Bay Area. Hashtag: #72HourExperiencePass The issuer is solely responsible for the content of this announcement.

Media OutReach

Asia’s philanthropy trajectory: five growth models driving domestic impact

New research reveals diverse approaches to cultivating domestic philanthropy HONG KONG SAR – Media OutReach Newswire – 8 September 2025 – The Commission on Asian Philanthropy – a coalition of 13 of Asia’s leading philanthropic organisations – today announces early insights from its landmark research study on Asian giving. The 4th Convening of the Commission on Asian Philanthropy in Hong Kong on Monday, 8 September 2025 The study highlights five distinct growth models that are transforming the scale, professionalism and effectiveness of philanthropy across Asia, namely corporate-led, community-led, faith-based, state-led and high-net-worth-individual-led. While the last model has a comparatively limited presence in Asia, the first four account for the majority of philanthropic capital and activity across the region and offer compelling pathways to unlock domestic impact through approaches tailored to local contexts. Distinctively, philanthropic growth models in Asia capitalise on the region’s values, with society taking on greater collective responsibility. The Commission has found that this diverse and pluralistic approach to cultivating philanthropy extends beyond a focus on high-net-worth individuals and allows jurisdictions in Asia to derive benefits that surpass financial contributions alone. Key features of the growth models include: Corporate-led: companies deploy assets, expertise and infrastructure to advance inclusive development. Community-led: citizens engage through volunteering, peer support and grassroots mobilisation. Faith-based: values-driven giving sustains long-term action and deep community trust. State-led: enables greater co-ordination and scale, leveraging the state’s reach and delivery infrastructure. To illustrate how these models are reshaping philanthropy in practice, the Commission spotlighted examples from several jurisdictions, each reflecting the kind of expansive investment and strategic ambition that defines a growth model. India’s mandatory CSR boosted corporate giving from US$1.20 billion in 2015 to US$4.17 billion in 2024, embedding inclusive growth into boardroom priorities in less than a decade. China and Saudi Arabia have digitalised informal giving by the general public, with China channelling close to US$1.55 billion in 2021 and Saudi Arabia raising US$1.33 billion in 2024 through digital fundraising platforms. Indonesia’s Zakat system (giving to vulnerable people as mandated by Islamic law) has professionalised faith-based giving, increasing contributions to US$2.55 billion in 2024, with institutional giving tripling since 2015 to US$0.73 billion (28.69% of total). “Asia’s philanthropic landscape is full of potential, but real transformation depends on strengthening the underlying systems that support the different philanthropic growth models,” says Lester Huang, Chairman of the Institute of Philanthropy – which is a Co-Convenor of the Commission on Asian Philanthropy. “These models offer a path forward – not just to grow giving, but to professionalise philanthropic approaches, improve co-ordination and increase impact.” These findings mark a major milestone in the Commission’s three-year effort to catalyse “in Asia, for Asia” philanthropy. Rather than prescribing a single model, the research celebrates regional diversity, showcasing how jurisdictions are cultivating systems aligned to their cultural, institutional and socio-economic contexts. The Commission has identified multiple jurisdictional examples of pathways across the corporate-led, community-led and faith-based models to spark dialogue, foster shared learning and encourage regional collaboration to inform the evolution of domestic philanthropic ecosystems. “Asia is shaping a new paradigm for global philanthropy, one that is rooted in local relevance, innovation and strategic execution,” said Ichiro Kabasawa, Executive Director of The Nippon Foundation. He represents the Asia Philanthropy Congress, which is a co-convenor of the Commission on Asian Philanthropy. “By building on bold growth models, we’re not just increasing giving, we’re raising the standard for what philanthropy can achieve when it is deeply embedded in the communities it aims to serve.” The Commission consists of the following organisations: China Soong Ching Ling Foundation Erth Zayed Philanthropies The Hong Kong Jockey Club Charities Trust Kasikornthai Foundation King Khalid Foundation Nippon Foundation Piramal Foundation Tanoto Foundation Tata Consultancy Services Temasek Foundation Tencent Charity Foundation Yayasan Dompet Dhuafa Republika Yayasan Hasanah (a foundation of Khazanah Nasional Berhad (Malaysia)) Co-convenors: Asia Philanthropy Congress Institute of Philanthropy Co-secretariats: AVPN Voyage Hashtag: #CommissionOnAsianPhilanthropy #Philanthropy #CSR #CorporateGiving #AVPN The issuer is solely responsible for the content of this announcement. Asia Philanthropy Congress The Asia Philanthropy Congress was launched in 2022 as a venue for inviting the leaders of organizations in the philanthropy sector, especially foundations engaged with addressing social issues in the Asia region, and promoting cooperation and coordination aimed at solving these issues. Philanthropic activities––meaning both charitable work and social contribution––have an advantage in that they allow the swift provision of assistance in areas where public assistance from government agencies, corporate activities, or social investment cannot offer sufficient solutions. The congress gathers the leaders of the Asian philanthropy sector, especially from foundations that play a leading role in such activities, aiming to identify solutions together. Institute of Philanthropy The Institute of Philanthropy was established in September 2023 through a seed grant of HK$6.8 billion (US$870 million) from The Hong Kong Jockey Club and its Charities Trust. Established as an independent “think-fund-do” tank for China, Asia and beyond, IoP is dedicated to promoting philanthropic thought leadership and enhancing sector capabilities at local, regional and global levels in collaboration with fellow funders. It seeks to provide an Asia-based platform bringing global stakeholders together to promote the betterment of societies everywhere.

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DHL Express ranked among Asia’s top 3 Best Workplaces, marking a decade of workplace excellence

Achieving the second position on the list, the express logistics provider has consistently secured the top 3 positions for 10 consecutive years SINGAPORE – Media OutReach Newswire – 8 September 2025 – DHL Express has once again been recognized as one of Asia’s top employers, securing the number 2 spot on the 2025 Great Place to Work® Best Workplaces in Asia™ list. This marks another milestone in the company’s journey of excellence in fostering a people-first culture, amid a volatile and challenging external environment. DHL Express is ranked among the best workplaces in Asia Despite external challenges, DHL Express continues to demonstrate its “As One” spirit, strengthening its culture of resilience and unity. Equally, the accolade underscores the organization’s unwavering focus on being an employer of choice – one of DHL Group’s four bottom lines – to prioritize its people’s health and welfare. “Our people are the center of everything we do. I am proud of our achievement for consistently being recognized as the preferred workplace. The team’s dedication, passion and innovation to ensure every employee has the tools and opportunities they need to thrive are key to our success today,” said Ken Lee, CEO for Asia Pacific, DHL Express. “As we are confronted by evolving trade patterns and increasingly complex supply chains, we must remain focused, agile and adaptable, without compromising on our people’s safety and overall wellbeing. I am confident that this will position us differently for the future – enabling us to accelerate sustainable growth.” Empowering people through Strategy 2030 This achievement also comes at a time when the logistics industry faces growing challenges driven in part by evolving workforce dynamics, identified as one of the megatrends of DHL Group’s Strategy 2030 to have a significant impact on the sector. With the emergence of technologies that are reshaping job profiles, labor patterns and segment sizes are also changing. DHL Express is committed to strengthening its people and ensuring the organization is future-ready with a focus on upskilling, diversity and inclusivity as well as digitalization. For example, in the past year, the team has invested in and rolled out modern and advanced technology platforms to improve the quality and productivity of our sales and customer service functions. Celebrating excellence: Employee of the Year Awards DHL Express believes in celebrating and recognizing individuals for their outstanding contributions. Employee of the Year awards is an event that DHL Express hosts annually to honor employees across the Asia Pacific region who exemplify DHL’s values of speed, passion, can-do attitude, and doing it right the first time. This year, more than 200 employees from across the region that went above and beyond their job responsibilities received the award. Also commended concurrently were DHL’s Got Heart winners, who embodied the company’s purpose “Connecting people, improving lives”. These five employees were lauded for making meaningful impact on communities or supported causes close to their hearts, in addition to pursuing personal career development. “Being recognized as one of Asia’s top workplaces is a reflection of the culture we’ve built together – one that values inclusion, growth, and purpose,” said Fadzlun Sapandi, Executive Vice President of HR at DHL Express. “We work hard to ensure that every employee feels seen, valued, and empowered to shape their own career journey. Through targeted development programs, leadership coaching, and a strong emphasis on internal mobility, we are not just building careers but also creating a work environment where individuals and their unique perspectives can also contribute to our success.” Looking ahead As DHL Express continues to evolve, its commitment to people, purpose, and planet remains steadfast. The company will further harness its internal Smart Connect platform to foster collaboration, enable personalized learning, and cultivate a stronger sense of community across its workforce. At the same time, the Certified International Specialist (CIS) program will remain a cornerstone of employee development that seeks to deepen expertise, strengthen internal relationships, and embed DHL’s values. Great Place To Work® is the global authority on workplace culture. Its Great Place To Work For All™ Model helps companies evaluate the experience of every employee. Starting in 2026, the logistics company will no longer be evaluated by individual business units globally but will be certified as DHL. As part of the company’s commitment to becoming an employer of choice, DHL Group emphasizes creating a safe and positive work environment, competitive benefits, and fostering employee development and inclusion. Hashtag: #DHLExpress #GreatPlacetoWorkAsia #AsOne https://group.dhl.com/en.htmlhttps://www.linkedin.com/company/dhlexpress/https://x.com/dhlexpress The issuer is solely responsible for the content of this announcement. DHL – The logistics company for the world DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 400,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”. DHL is part of DHL Group. The Group generated revenues of more than 84.2 billion euros in 2024. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

Media OutReach

CHiQ Strengthens Global Sports Engagement with FIS Ski Jumping World Cup Partnership

BERLIN, GERMANY – Media OutReach Newswire – 8 September 2025 – At IFA 2025 in Berlin, CHiQ announced a three-year partnership with the International Ski and Snowboard Federation (FIS), becoming the Official Data Partner of the FIS Ski Jumping World Cup. It also renewed collaboration with Olympic champion Andreas Wellinger, marking a bold step forward in CHiQ’s global engagement with snow sports. The signing ceremony was attended by Mr. Marco Yang, Vice Chairman and General Manager of Sichuan Changhong Electric Co., Ltd., along with Ms. Helen Zhang, Deputy General Manager of Sichuan Changhong Electric Co., Ltd., Mr. James Wu, General Manager of Changhong’s Global Brand Promotion Center, Mr. Christian Salomon, Chief Commercial Officer of FIS, and ski jumping world champion Andreas Wellinger participated in the ceremony. Founded in 1924, FIS is the global leader in winter sports governance, representing over 100 member nations and driving the growth and popularity of winter sports worldwide through premier competitions and international standards. The Ski Jumping World Cup is known for its athletic intensity and global appeal. As its exclusive television and display partner, CHiQ will enhance the digital experience of the event by delivering immersive and high-definition visuals to fans worldwide. Christian Salomon praised the partnership, highlighting CHiQ’s dedication to technological innovation and its global brand stature as a natural fit with FIS’s mission. He noted that this alliance will help propel the sport forward, unlocking new possibilities at the intersection of winter athletics and intelligent technology. In a symbolic exchange of goodwill, Salomon presented Mr. Yang with a FIS partnership trophy, while Yang offered a panda-themed commemorative gift, echoing CHiQ’s brand identity. As CHiQ’s brand ambassador, Andreas Wellinger interacted with attendees, sharing gifts and stating: “CHiQ and I are deeply aligned in our pursuit of innovation and breakthrough. I’m delighted to continue this collaboration, combining winter sports and smart technology for a wider audience. ” As a leading Chinese smart appliance brand, CHiQ has established a strong presence across Europe, Australia, Southeast Asia, the Middle East, and Latin America. In recent years, CHiQ has embraced global sports marketing to reinforce its Smart with Style ethos—partnering with world-class athletes and events to showcase the sophistication and strength of Chinese innovation on the international stage. Hashtag: #CHiQ The issuer is solely responsible for the content of this announcement.

Energy & Technology

reNIKOLA Shorlisted for 618 MWp in Malaysia’s LSS 5+ Programme

reNIKOLA Holdings Sdn Bhd (“reNIKOLA”) is honoured to announce that it has been shortlisted for 400 MWac / 618 MWp of solar capacity under Malaysia’s Large Scale Solar 5+ (LSS 5+) programme, a flagship initiative of the National Energy Transition Roadmap (NETR). This recognition places reNIKOLA at the forefront of the nation’s renewable energy transformation.  The award comprises two projects in Kemaman, Terengganu – (1) a 250 MWac / 386 MWp project by the consortium of reNIKOLA, RE Chenderong Sdn Bhd (formerly RE Gebeng BKH Sdn Bhd) and the Anglo-Eastern Plantations Plc group (“AEP”) and; (2) a 150 MWac / 232 MWp project by the consortium of Antara Hijauan Sdn Bhd (a wholly-owned subsidiary of reNIKOLA) and AEP. Once commissioned by end-2027, the projects will supply clean energy to the grid for 21 years, delivering an estimated RM1.2 billion in direct investment, creating hundreds of new jobs and cementing Terengganu’s position as an emerging hub of Malaysia’s green economy. A Landmark in Energy and Conservation  Beyond power generation, reNIKOLA is charting a new path where renewable energy and biodiversity thrive together. As part of the 618 MWp development, the group will establish an Elephant Sanctuary Foundation to protect endangered wildlife and promote ecological harmony. The initiative will include an Elephant Food Corridor planted with napier grass, bamboo and bananas to provide sustainable food sources and guide wild elephant movements safely. This bold step will reduce human–elephant conflict, encourage conservation awareness and foster active community participation – setting a new benchmark for how renewable projects can coexist with nature. Managing Director of reNIKOLA, Mr. Boumhidi Adel said, “Securing 618 MWp under LSS 5+ marks a significant milestone for reNIKOLA and a strong step forward for Terengganu’s green economy. These projects demonstrate that clean energy, economic growth, and environmental stewardship are not competing goals, but powerful partners in building a truly sustainable future.” Dato’ Sri Dr. Harald Link, President of B.Grimm Power Public Company Limited, a strategic 45% shareholder of reNIKOLA, added, “This achievement strengthens our commitment to power the world compassionately. By combining large-scale renewable energy with biodiversity protection, we are shaping a future where energy transition and sustainability advance hand in hand. We are grateful and committed to support Malaysia in its journey toward a low-carbon economy.” The projects are being developed in collaboration with AEP, which is listed on the London Stock Exchange. This partnership highlights AEP’s growing commitment to renewable energy, responsible land use and climate action. It is a showcase of how traditional industries and renewable energy innovators can work jointly to accelerate Malaysia’s energy transition.

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