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Media OutReach

HGC Appoints Argon Ho as Chief Commercial Officer of Group ICT Business

HONG KONG SAR – Media OutReach Newswire – 20 August 2025 – HGC Global Communications (“HGC” or the “Group“), a fully-fledged ICT service provider and network operator with extensive global coverage, today announced the appointment of Argon Ho as Chief Commercial Officer – Group ICT Business, with immediate effect. In this role, Argon will oversee the Group’s ICT organisation and enhance ICT spread out — driving the Group horizontal growth across cybersecurity, digital solutions and cloud through AI, while pursuing project-based vertical penetration within existing accounts and into new markets, and concurrently expanding HGC’s international footprint. Argon Ho, Chief Commercial Officer – Group ICT Business at HGC With over 30 years in ICT, Argon is a widely recognised leader in Greater China’s technology market, especially in enterprise software and applications. His extensive expertise spans strategic planning, cyber security, and data governance. Prior to joining HGC, he honed through tenures as Managing Director of Check Point Software Technologies for the Greater China Region and General Manager at Cisco Hong Kong and Macau. Beyond his corporate achievements, Argon actively contributes to the community through advisory and directorial roles in organizations such as the Institute of Big Data Governance, the eHealth Consortium, and the Senior Citizen Home Safety Association, among others. In his new role, Argon will champion the growth of ICT business by accelerating the adoption of cutting-edge technologies, simplifying digital transformation for clients, and delivering AI empowered ICT solutions and platform that meet the evolving needs of mass market, corporate and SME customers. Argon will also support corporate customers in expanding their business overseas seamlessly by leveraging the Group’s regional strengths. Additionally, he will drive the Group regional expansion by strengthening system integration and enhancing ICT and digital solutions locally and internationally. Andrew Kwok, Chief Executive Officer of HGC, said, “We are delighted to welcome Argon to HGC. His expertise and leadership will help advance our ICT strategies and support the Group’s continuous growth in the region. Argon’s appointment reinforces our focus on expanding our ICT business and achieving our goal of advancing global connectivity and innovation. We are confident that, under Argon’s leadership, our ICT business will reach new heights, unlock future growth opportunities and further enhance our competitiveness in dynamic markets.” Argon Ho, Chief Commercial Officer – Group ICT Business at HGC, said, “I am honored to join HGC and its dynamic and innovative team. Leveraging the Group’s robust regional infrastructure, strong ecosystem partnerships, and pool of top talent, we are well-positioned to harness emerging technologies like AI to deliver customized ICT solutions that empower clients at every level on their digital transformation journey. Moving forwards, we will focus on AI integration, cybersecurity, and regional expansion, to drive the continued growth of our ICT business and reinforce HGC’s reputation as a leading provider of innovative ICT solutions.” Hashtag: #HGC #HGC環電 #Leadership #HGCInternationalBusiness #GlobalGrowth #ICT #DataStrategy #DigitalInfrastructure #CarrierCollaboration #Telecommunications #CloudCommunications #GoAhead #GotYourBack https://www.hgc.com.hk/https://www.linkedin.com/company/hgc-global-communications/https://www.facebook.com/hgc.intlhttps://www.instagram.com/hgc.broadband The issuer is solely responsible for the content of this announcement. About HGC Global Communications Limited HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 20 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group’s digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia. To learn more, please visit HGC’s website at: www.hgc.com.hk

Media OutReach

Prologue By SL Aesthetic Group Opens at Ngee Ann City: Integrating Lifestyle Medicine with Specialised Women’s Care

SINGAPORE – Media OutReach Newswire – 20 August 2025 – Recognising a crucial need for a more holistic and personalised approach to healthcare, SL Aesthetic Group announced the launch of Prologue at Ngee Ann City. The healthcare facility comprises two complementary entities: Prologue The Lifestyle Medical Clinic, which provides lifestyle medicine and preventive care services for families, and Prologue Centre for Women’s Wellness, a dedicated sanctuary for women’s health needs, including postpartum and menopause symptom management. In alignment with Singapore’s recognition as a Blue Zone—where people live healthier and longer than average—Prologue puts overlooked lifestyle habits at the forefront of personal health management. At its core, the concept is built on the philosophy that healthcare should begin long before illness, focusing on key lifestyle principles such as stress management, quality sleep, and balanced nutrition, as seen in the world’s longest-living communities. Prologue The Lifestyle Medical Clinic operates as a primary care clinic that empowers individuals to take control of their long-term health through a data-backed, prevention-first approach. The clinic focuses on the cornerstones of well-being: nutrition, sleep, stress resilience, and physical activity. This methodology helps manage health from its very foundation, with personalised care plans supported by complementary diagnostic tools. Key services include in-depth health screenings using BIA (Bioelectrical Impedance Analysis) devices for precise body composition assessment, alongside essential family healthcare services such as vaccinations and weight management programmes. Notably, Prologue is among the early adopters in Singapore of ReCOGnAIze™, an AI-powered tool for early dementia screening, demonstrating its commitment to incorporating technology in preventive healthcare. Prologue Centre for Women’s Wellness provides a discreet and deeply supportive environment for women navigating the pivotal, and often underserved, transitions of postpartum recovery, perimenopause and menopause. Support for mothers includes professional care for common yet often overlooked concerns: pelvic floor health, nutritional optimisation, and guidance for fatigue and stress management. For women navigating perimenopause and menopause, the centre offers personalised guidance for hormonal balance, helping them manage metabolic changes, restore restful sleep, and navigate changes in body image and intimacy with confidence. The centre provides access to FDA-cleared, non-invasive technologies such as EXION, Embody, and EMSELLA for services related to skin laxity, vaginal health, and body contouring. This philosophy of integrated, purposeful care is the driving force behind Prologue. “At SL Aesthetic Group, we’ve always believed in adapting to the needs of our patients,” says Dr. Kelvin Chua, Founder and Senior Medical Director of Prologue. “Prologue reflects our commitment to delivering integrated medical and wellness care. We aim to support individuals in their holistic health journeys and provide women with access to personalised, evidence-based care across different stages. This represents a shift in how we approach long-term health—offering proactive care that starts well before symptoms appear.” Prologue is located at 391 Orchard Road, #05-25A/25B Ngee Ann City Podium Block, Singapore 238872. For more information about Prologue and its services, visit https://Prologue.com.sg/. Hashtag: #Prologue The issuer is solely responsible for the content of this announcement. About Prologue Prologue, a member of SL Aesthetic Group, is an integrated health and wellness centre. Grounded in Lifestyle Medicine, Prologue offers a multidisciplinary approach that integrates medical expertise, health coaching, nutrition, physiotherapy, and personalised wellness planning. With a special focus in women, Prologue provides proactive, science-backed care in a calming and supportive environment. More than a beginning, Prologue is the pathway to what’s possible in lifelong health and vitality. About SL Aesthetic Group SL Aesthetic Group is a collective of brands dedicated to advancing holistic beauty through medical aesthetics, skin and hair, wellness and lifestyle wellbeing. With a results-driven approach, the Group focuses on delivering treatments that are effective and lasting. Its portfolio includes SL Aesthetic Clinic, Skinlab The Medical Spa, TrichoLab, Prologue, Euphie Clinic and Skin Solutions (Malaysia), each offering science-backed solutions tailored to support confidence and long-term wellbeing from the inside out.

Media OutReach

Carlsberg Asia launches Digital Acceleration Program to drive future growth across Asia

New regional strategy deepens digital platform partnerships, and fuels innovation HONG KONG SAR – Media OutReach Newswire – 20 August 2025 – A new chapter is underway at Carlsberg Asia, as the brand outlines a future-facing digital roadmap anchored in strategic collaborations with three of Asia’s major O2O and quick commerce platforms – Meituan, Grab and Delivery Hero. The initiative comes at a pivotal time, as digital behaviours continue to transform how people discover, shop, and engage with brands. The Digital Acceleration Program aims to future-proof its commercial model, infuse AI and data into core operations, and redefine beer experiences for the next generation of consumers across the eight key Asia markets, and further expanding beyond. Carlsberg Asia’s Digital Acceleration Program with in-depth discussions in Copenhagen, Denmark with three of Asia’s major e-commerce platforms – Meituan, Grab, and Delivery Hero Building on a strong year of digital sales growth in 2024, underpinned by strategic MoU signings and multiple brand activations, the Program is designed to empower and integrate with digital partners while cementing Carlsberg’s position as a leader in the beer industry. In the coming years, Carlsberg Asia aims to drive deeper use of data and insight from digital platforms to unlock beer consumption occasions in order to understand each target market’s consumer behaviours, to broaden regional wide partnerships and enhance cross-markets synergy, and to accelerate online-to-offline commerce and further support brand’s local penetration. “We see our digital partners not just as platforms, but as strategic growth engines,” says Arindam Varanasi, Vice President, Commercial Asia, Carlsberg. “This is the boldest partnership at Carlsberg Asia to date. The success of our digital sales on e-commerce platforms last year is a testament to the power of collaboration and innovation. By joining forces with Meituan, Grab, and Delivery Hero, we are eager to deepen these partnerships to unlock mutual growth opportunities.” “As we move forward with our Digital Acceleration Program, we are looking forward to continuously making our Carlsberg brands portfolio more relevant, to build a digitally connected ecosystem that enhances every touchpoint of the consumer journey from discovery to delivery, also to elevate consumer experiences through convenience and relevance while reinforcing our commitment to celebrating responsibly.” says João Abecasis, Executive Vice President, Asia, Carlsberg. Immersive brand experiences to strengthen strategic digital partnerships To supercharge the collaborative alliances, Carlsberg Asia hosted a three-day strategic forum at its global headquarter in Copenhagen, welcoming executives from Meituan, Grab and Delivery Hero. The immersive experience at the Home of Carlsberg offered partners a behind-the-scenes look at the brand’s heritage, brewing philosophy, and long-term growth vision. At the forum, digital partners engaged in closed-door top-to-top discussions with Carlsberg’s senior executive team to align on growth strategies and new approaches to distribution across O2O channels. To expand digital growth opportunities from Asia to global, the forum focused on unlocking insight-driven, scalable commercial value through the utilisation of each partners’ platform technology, data, and consumer insights to co-creating modern, consumer-centric experiences. From click to cheers: Taking beer moments to exciting new heights In partnership with Meituan, a new chapter is brewing in China, with long-term plans to co-create the next generation beer experience across cross-border markets. At the core of the partnership is to expand on series of initiatives that integrate with Meituan’s ecosystem of advanced technology and consumer behavioural data that will deliver real-time, occasion-based beer experiences, such as 30-minute quick commerce delivery to personalised promotions and curated product selections. Meanwhile in Southeast Asia markets, Carlsberg and Grab strengthen the partnership with a focus on online to offline product distribution, always-on responsible drinking initiatives and driving brand awareness through direct consumer engagement with shared passion points such as football matches and music festivals via Grab’s platform. The partnership aims to elevate on-trade experiences with partner restaurants by introducing dine-in reservation promotions and bundled deals. Carlsberg and Delivery Hero are teaming up to fully integrate Carlsberg’s premium beer offering into Delivery Hero’s dynamic delivery ecosystem. Through foodpanda and its pandamart grocery stores in Asia, this partnership bridges on-trade and off-trade channels to create a unified home-dining experience, complete with a chilled beer delivered to consumers’ doorsteps. The shared vision is to make Carlsberg’s product effortlessly accessible and create memorable occasions that celebrate the joy of food and drink. Looking ahead, the brands are committed to expanding this innovative partnership globally, bringing an elevated beer experience to consumers around the world. These immersive engagements underscore Carlsberg Asia’s ambition to redefine its digital partnerships through innovation, collaboration, and a deep focus on the consumer. Stay tuned for future announcements about exciting campaigns and activations under each partnership. For more information, please visit: https://www.carlsberggroup.com/. Hashtag: #CarlsbergAsia The issuer is solely responsible for the content of this announcement. About Carlsberg Asia Established in 1847 by brewer J.C. Jacobsen, the Carlsberg Group is one of the leading brewery groups in the world, with an attractive portfolio of beer and other beverage brands. With over 37.000 employees, and with a presence in more than 125 markets, the Group has a purpose of brewing for a better today and tomorrow Doing business responsibly and sustainably supports that purpose – and drives the efforts to deliver value for shareholders and society. Carlsberg Asia is a dynamic and diverse region comprising of 8 operating markets: Cambodia, China, Hong Kong S.A.R., Laos, Malaysia, Myanmar, Singapore and Vietnam. Altogether we have 34 breweries and some 12,000 employees spreading across the Asian markets. The Asia Regional Office is based in Hong Kong.

Media OutReach

Singapore’s Most Experiential Indoor Attraction, Museum of Ice Cream, Offers Unlimited Ice Cream in Up to 19 Flavours and Multi-Sensory Fun for All Ages

Museum of Ice Cream Singapore has attracted fans worldwide, including Bollywood stars Rucha Hasabnis, Juhi Parmar, and internet personality Aakriti Rana. Endless scoops of fun await the entire family in a newly imagined space packed with interactive installations, immersive workshops, and unlimited treats. Enjoy 5% off General admission tickets from now till 31 December 2025. SINGAPORE – Media OutReach Newswire – 20 August 2025 – Grab your spoons and hold onto your cones, Singapore’s must-visit attraction, Museum of Ice Cream Singapore (MOIC) is back and more magical than ever! Following a sprinkle-filled refresh in April 2025, MOIC invites sweet-toothed fans of all ages, cultures, and communities into an irresistible wonderland of colour, creativity and ice cream, creating sweet memories and unleashing their inner child. Since opening in 2021, MOIC Singapore has become one of the top destinations in Asia, welcoming over half a million guests and earning major accolades, including Klook’s Best in Experience Award 2023 and TripAdvisor’s Travellers’ Choice Award. It has also captured the hearts (and taste buds) of Bollywood stars like Rucha Hasabnis and Juhi Parmar; and even celebrities such as Kim Kardashian, Beyonce, Drew Barrymore, and David Beckham! A Whole New Playground of Imagination Step inside MOIC Singapore’s 25,000 square-foot pink paradise and create everlasting memories through imaginative play, self-expression, and connection. New highlights include: Carnival – Let your competitive spirit shine with nostalgic games, buttery popcorn, and on an all-new Animal Cookie ride in Singapore’s pinkest indoor Carnival. California Dreamin’ – Start your ice cream journey with eight rotating flavours (including vegan and allergen-friendly options!) from Denzy Gelato, Singapore’s premium gelato gurus with multiple awards under their belt. Bouncy Castle & Infinity Mirror Party Zone – Bounce and dance it out in a kaleidoscopic mirror-world of lights, beats, and high-energy fun, perfect for the whole family. Singapore’s First Ever Banana Maze – Get lost in a wildly whimsical experience as it is entertaining, in a fruity maze unlike any other you’ve seen before! Unlimited Ice Cream, Now Doubled! MOIC Singapore has doubled the flavours with up to 19 delicious ice creams and 8 toppings available throughout your visit. Scoop up crowd favourites like Thai Milk Tea, Mango soft serve, and Strawberry Speculoos, featuring treats from beloved names like Denzy Gelato and Ben & Jerry’s, with unlimited helpings, of course! Take flight with the MOIC Passport Fuel curiosity and creativity with MOIC Singapore’s Passport, a take-home keepsake that guides guests through their visit with engaging activities and fun facts. It’s the perfect blend of education, exploration, and entertainment designed to delight ice cream lovers of all ages. Exclusive Indian Nationals Family Special To make the experience even sweeter, MOIC Singapore is rolling out a special treat just for Indian families. From now until 31 December 2025, simply present a valid Indian passport at the entrance to redeem 5% off General Admission tickets. Come discover Singapore’s most whimsical attraction with the whole family in town! TICKETS For ticket purchases, visit tickets.museumoficecream.sg, or follow @museumoficecreamsg and #moicsg on Facebook, Instagram, and TikTok for the latest updates. Keep a keen eye on MOIC Singapore’s newsletter for exclusive promotions and exciting updates! To sign up, please visit museumoficecream.com/getthelatestscoop. MOIC Singapore is located at 100 Loewen Road, Dempsey, Singapore 248837. Hashtag: #museumofficecream #icecream #desserts #sundae #foodie https://www.museumoficecream.com/singapore/https://www.instagram.com/museumoficecreamsg/ The issuer is solely responsible for the content of this announcement. ABOUT MUSEUM OF ICE CREAM Museum of Ice Cream, founded by Figure8, is a global lifestyle brand recognized around the world for designing award winning, multi-sensory experiential developments. MOIC has welcomed millions of visitors to its fully immersive, interactive spaces that create connection through the universal power of ice cream. With locations in Chicago, New York City, Miami, Boston, and Singapore, Museum of Ice Cream remains a pioneer in the experience-first industry, continuing to develop unique concepts that provoke wonder and creativity. Each inclusive and interactive environment is designed to inspire imagination and play, helping to rediscover the kid in us all. ABOUT FIGURE8 Figure8 is an experience-first development company that takes the unimaginable and turns it into the tangible. Putting human connection at the forefront, the company creates experiums – places outside of distraction, away from expectation and beyond inhibition.

News

Pelita Air Launches First International Route Between Jakarta And Singapore

Pelita Air officially inaugurated its first international flight from Jakarta to Singapore on 18 August 2025, touching down smoothly at Changi Airport’s Terminal 4. The milestone was celebrated with a ceremony attended by the Indonesian Ambassador to Singapore, along with the Deputy Ambassador and other diplomatic officials. The new route marks more than just an airline expansion — it reflects Indonesia’s commitment to strengthening regional air connectivity and deepening ties with Singapore. Operating daily, the Jakarta–Singapore service connects seamlessly to 17 cities across Indonesia via Pelita Air’s domestic network. The route is designed to benefit both leisure travellers and business communities by improving access to Indonesia’s cultural and economic hubs. “This is a major achievement for Pelita Air and Indonesia’s aviation sector,” said a company representative. “Linking two key ASEAN capitals helps foster tourism, trade, and long-term economic growth.” Singapore, a central gateway to Southeast Asia, now welcomes Pelita Air, reinforcing regional integration under ASEAN’s vision. The airline’s expansion is expected to support sustainable economic development while advancing Indonesia’s ambitions in the regional aviation market. As global travel continues to recover, Pelita Air’s international debut offers passengers more choices, better connectivity, and renewed momentum for cross-border collaboration.

Energy & Technology

MyDigital ID To Soon Be The Only Way To Log In To MyJPJ, MyBayar PDRM Apps

KUALA LUMPUR, MyDigital ID will soon become the only way to access the MyJPJ and MyBayar PDRM apps, the agency confirmed. Launched in 2016, MyDigital ID is Malaysia’s national digital identity system for online transactions across both public and private sectors. It allows users to access multiple services with a single ID and password, eliminating the need for separate logins. Identity verification is done securely online through government databases, without storing personal data. The system currently serves over three million users and is integrated with more than 45 online services. It is managed by My Digital ID Sdn Bhd under the Prime Minister’s Department. While users can still log in using passwords for now, the agency said MyDigital ID will soon be the exclusive login method for MyJPJ and MyBayar PDRM. As of January 2025, the MyJPJ app had 11.5 million users, while figures for MyBayar PDRM are not available. MyJPJ, developed by the Road Transport Department (JPJ), enables users to check licence eligibility, renew driving licences, and pay summonses. MyBayar PDRM, developed by the police, allows users to check and settle traffic fines online. Nik Hisham Nik Ibrahim, CEO of MyDigital ID, said the move to a single login will provide simpler, safer, and more transparent digital access. The platform also supports biometric login via fingerprint or facial recognition for added convenience and security. As of July, MyDigital ID is connected to 82 digital systems, including 35 fully operational government platforms. Earlier this year, Federal Territories Minister Datuk Seri Dr Zaliha Mustafa mentioned in the Dewan Rakyat that the government is considering limited, voluntary sign-ups.

Media OutReach

BAC Education’s MUSIC4GOOD 2.0: The Polymaths Are Back

SELANGOR, MALAYSIA – Media OutReach Newswire – 20 August 2025 – Get ready to turn up the volume for a night of unforgettable music and meaningful impact! The Polymaths featuring Raja Singham, Azlan Shaharbi, Siva Ramanathan, Sudesh Kumar Nair, Sundara Raj Ramamurthy and friends, are returning to the stage for MUSIC4GOOD 2.0, this time in aid of Uplift, an NGO under the BAC Education Group. Following the overwhelming success of the first Music4Good concert, which raised RM211,000 to support children in 25 orphanages via OrphanAid and assist the Society for the Severely & Mentally Handicapped (SSMH), this second edition aims to raise even more. 100% of donations will go directly towards providing education, essential aid, necessities, and life-changing opportunities to communities in need. Beneficiaries include: OrphanAid ensures every child has access to quality education through free SPM tuition, refurbished laptops for orphanages, and a 75% bursary for tertiary studies. In partnership with Rotary International District 3300 Malaysia, it identifies and supports deserving students, with tax-exempt donations channelled via Yayasan Kelab-Kelab Rotary Malaysia (YKKRM) to ensure transparency and accountability. Free Food Society provides food aid to anyone in need, regardless of race, creed, or religion. Founded by a group of concerned individuals, it was created to support the growing number of people who lost their livelihoods due to Covid-19. Persatuan OKU Sentral champions the rights and empowerment of persons with disabilities through entrepreneurship support, emergency relief, cultural showcases, and initiatives that promote accessibility and inclusion nationwide. Society for the Prevention of Cruelty to Animals – Kajang offers vital services such as feeding, sterilisation (TNR), healthcare, and rehoming for stray dogs. They aim to establish a multi-purpose facility that supports sheltering, rehabilitation, adoption, and education Society for the Severely Mentally Handicapped – For 40 years, the Society for the Severely Mentally Handicapped (SSMH) has been providing therapy, care, and support to children with severe mental and physical disabilities, as well as their families. Event Details: Date: Saturday, September 20th, 2025 Time: 7:30pm – 10:30pm Venue: Horizon Banquet Hall, Menara BAC, Petaling Jaya Table Reservations (10 pax with dinner): RM2,500 | RM5,000 | RM10,000 Bookings can be made via https://www.giveback.my/campaigns/music4good-in-aid-of-uplift/ or by contacting Ann – 012 339 9959, Jinie – 016 778 8625 or Mitha – 012 988 3487 Tax-exemption receipts are available for donations of RM250 and above. BAC Education Group: A Legacy of Social Good MUSIC4GOOD 2.0 builds on BAC Education’s long-standing commitment to social good. Flagship initiatives include GiveBack.my (over RM100 million in aid through 200+ partners), SPMFlix (Malaysia’s largest free learning platform with 9,000+ lessons for 200,000+ students), and FreeMakan (a food bank that has supported 27,000 families with RM1.7 million raised). The Make It Right Movement (MIRM), launched in 2015, further drives impact by supporting 200+ charity and CSR projects annually, giving students, staff, and the public the chance to volunteer, champion causes, and create lasting community change. Music4Good is organised by Uplift, fully sponsored by BAC Education and supported by Yayasan Kelab-kelab Rotary Malaysia. About the Polymaths The Polymaths came together after a chance meeting between Raja Singham and drummer Siva Ramanathan at a friend’s party. One casual conversation about music sparked jam sessions in a basement, bringing together professionals with a shared passion for music – because why not? “We just needed a guitarist, a bassist… and a better keyboardist,” Raja joked. “I like running around on stage too much to stay seated!” Band Members: Raja Singham – Lead vocalist and Co-Founder of BAC Education Group, driving social impact through Uplift, the Make It Right Movement, and SPMFlix. Azlan Ahmad Shaharbi – Keyboardist; veteran performer with over three decades on the local and international music stage. Siva Ramanathan – Drummer; fintech leader and Partner, Chief Growth & Corporate Officer at Ksher. Sudesh Kumar Nair – Bassist and CEO of Baycom Malaysia, with a background in film, TV, and satellite communications. Sundara Raj Ramamurthy – Guitarist; Chief Digital Officer at PwC Malaysia and Vietnam, leading AI and digital transformation initiatives. A Nation-Building Initiative MUSIC4GOOD 2.0 is a nation-building initiative fully sponsored by BAC Education Group in aid of Uplift, supported by Yayasan Kelab-Kelab Rotary Malaysia. “Music has the power to bring people together; not just to enjoy a great night out, but to make a lasting impact on lives. With Music4Good, every note we play is for a purpose – to create hope, open opportunities, and help build a better Malaysia,” said Raja. Hashtag: #BACEducation https://www.giveback.my/campaigns/music4good2-0/ The issuer is solely responsible for the content of this announcement. About BAC Education The BAC Education Group is dedicated to transforming lives through education. With a network of world-class partner universities and organisations, BAC Education offers students an unparalleled educational experience. The Group’s vision is to nurture the next generation of innovative leaders with a futuristic mind-set. With over 25 entities, the Group provides the future generation with strong grounding to navigate the Fourth Industrial Revolution by developing soft skills and instilling confidence to increase their competency in an increasingly globalised environment. For more information, visit https://www.bac.edu.my/

Investment & Market Trends

Japan’s SoftBank To Invest US$2 billion In Intel As Part Of US Push

NEW YORK, SoftBank has agreed to invest US$2 billion in Intel, a move aimed at supporting the US chipmaker while advancing SoftBank’s own semiconductor ambitions. The Japanese conglomerate is adding Intel to a portfolio that already includes AI leaders Nvidia and Taiwan Semiconductor Manufacturing Co (TSMC). SoftBank will pay US$23 per share, slightly below Intel’s most recent closing price. Intel will issue new shares for the deal. Following the announcement, Intel’s stock jumped over 5% in after-hours trading, while SoftBank shares fell as much as 5.4% in Tokyo, marking the largest drop since April. Intel is aiming to prove it can be a technology leader again after falling behind in the chip industry. SoftBank, owner of Arm Holdings, has long sought a central role in AI but has largely remained on the sidelines amid a global hardware spending boom. Its US$500 billion Stargate project with OpenAI, Oracle, and Abu Dhabi fund MGX, aimed at building data centres, has progressed more slowly than expected. Similarly, Masayoshi Son’s “Izanagi” project to develop energy-efficient chips to compete with Nvidia has yet to produce a market-ready product. “It’s hard to see how much this investment contributes to either SoftBank’s value or short-term earnings,” said Tomoaki Kawasaki, senior analyst at Iwaicosmo Securities. For Intel, the investment signals strong confidence from a global player, as the US chipmaker works to regain its position in the AI space after falling behind TSMC in contract manufacturing and Nvidia in chip design. Intel CEO Tan Lip-Bu recently met with former US President Donald Trump to explore potential government support, including a possible 10% stake in the company. SoftBank’s purchase also expands its US presence amid Tokyo’s push for Washington to reduce tariffs in exchange for foreign investment. The deal follows SoftBank’s acquisition of Foxconn Technology’s electric vehicle plant in Ohio, which could accelerate the Stargate project. Other major Asian players, including TSMC and Samsung Electronics, are also investing billions in US manufacturing. The timing of SoftBank’s investment—shortly after the Trump-Tan meeting—has raised questions about potential political motivations. “If it’s political, then it’s not profit-motivated,” said Amir Anvarzadeh, Japan equity strategist at Asymmetric Advisors. “Investing in Intel to appease Trump may not be seen as sound business.” In a statement, Masayoshi Son praised Intel’s legacy. “For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will continue to grow in the US, with Intel playing a critical role.” Tan, a chip industry veteran who joined Intel as CEO this year, expressed gratitude for the investment. He previously served on SoftBank’s board and has invested in startups alongside Son. “I appreciate the confidence he has placed in Intel with this investment,” Tan said.

Energy & Technology

Proton’s Electric Vehicle Plant Set To Start Production Next Month

PETALING JAYA, Proton Holdings Bhd’s new electric vehicle (EV) plant in Tanjung Malim, Perak, is scheduled to commence production in September. The facility is currently 86.9% complete, with 83.5% of the equipment installed, according to Bernama. The plant will initially produce the Proton e.MAS 7, Malaysia’s first locally branded EV, followed by the entry-level Proton e.MAS 5, which is currently being showcased nationwide. The factory’s initial production capacity is 20,000 units per year, with plans to scale up to 45,000 units depending on domestic and export demand. The project is expected to generate over 200 jobs in EV manufacturing and technical services. Proton’s partner, Zhejiang Geely Holding Group, is assisting with equipment selection, production systems, staff training, and trial runs to ensure the plant meets global EV manufacturing standards. Proton’s head of manufacturing engineering, Wan Yousry Mohamed, said the facility underscores the company’s commitment to a high-tech, sustainable future. “This plant lays the groundwork for Malaysia to become a leader in the regional EV market, as we expand our offerings to international markets,” he said. “It is a significant milestone for both Proton and the nation, and we are eager to see the first Malaysian-made EVs hit the road.”

Media OutReach

Algo Forest Showcases Hong Kong Fintech Power on World Stage with Revolutionary “AI Signals Page”

Invited to landmark meeting with Abu Dhabi Investment Office, as its Forex Forest ecosystem empowers global retail investors, crediting H.K. government policy and Belt and Road opportunities. HONG KONG SAR – Media OutReach Newswire – 20 August 2025 – While retail investors worldwide grapple with ineffective strategies, lagging copy trades, and opaque black-box risks, a new force in AI quantitative technology from Hong Kong is rewriting the rules of the game. Local fintech innovator Algo Forest Group, alongside its educational brand Forex Forest, recently made a landmark appearance at the world-renowned GITEX Global technology exhibition, backed by support from the Hong Kong SAR Government’s Innovation and Technology Commission (ITC) and other institutions. The group unveiled the revolutionary concept for its “AI Signals Page,” a platform designed to dismantle decades-old investment models and solve the most pressing pain points for individual investors globally. This international debut was further highlighted by a prestigious invitation for a deep-dive discussion with the UAE’s Abu Dhabi Investment Office (ADIO) to explore the future of Web3 and AI in fintech. Having already secured the “Global Best Trading Algorithm Award” for six consecutive years for its proprietary quantitative trading systems, this moment firmly establishes Algo Forest Group as a prime example of Hong Kong’s innovation successfully “going global.” This milestone is part of Algo Forest Group’s broader mission to fill a critical market gap. The “AI Signals Page” is being developed to create a more transparent, efficient, and collaborative international investment community. Its core advantages include: Real-time AI Analysis of Personal Trading Accounts: Investors can directly connect their personal trading accounts, seamlessly syncing data to the platform. This provides users with personalized portfolio performance analysis, P&L tracking, and deep insights into their trading habits, enabling them to better understand and leverage the power of AI to optimize their existing strategies. AI-Driven Insights and Proactive Risk Management: The platform harnesses advanced AI algorithms to deliver diverse market data, identify potential trading signals, and provide in-depth analysis. Simultaneously, multi-dimensional risk assessment tools help users identify and manage potential exposures, fostering more robust trading strategies. A Global Community for Collaborative Strategy Sharing: A highly interactive, built-in community function allows investors from around the world to share, discover, and discuss the latest global trading strategies without geographical or linguistic barriers. It transforms trading from a solo pursuit into a collective journey of learning and growth. “We founded Algo Forest Group to break down the formidable technological barrier between institutional and retail investors,” explains Wayne Ng, Founder and CEO of Algo Forest Group. “The enthusiastic reception of our AI technology at GITEX and our dialogue with the Abu Dhabi Investment Office are powerful validations of the market’s need for Hong Kong’s tech expertise. The ‘AI Signals Page‘ is the tangible manifestation of our vision to democratize professional-grade trading tools, opening the door to AI trading technology for everyone.” Ng adds, “We’re not here to replace the trader; we’re here to empower them. By revolutionizing their access to superior risk management and decision-making capabilities, we can ensure that the benefits of fintech truly reach the public. We are not just representing our company, but also the innovative spirit of our nation and Hong Kong. The government’s backing has been a critical catalyst in our mission to ‘go global,’ and the interest from entities like ADIO proves that Hong Kong’s AI fintech has immense potential to compete and lead on the world stage.” Within Algo Forest Group’s grand vision, its renowned educational brand, Forex Forest, plays a pivotal, symbiotic role. While the “AI Signals Page” provides traders with advanced tools, Forex Forest teaches them how to apply them with precision and discipline. Leveraging its deep expertise in AI algorithmic programming and quantitative strategies, Forex Forest equips users with the essential knowledge and skills to maximize the platform’s potential, embodying the principle of “Empowerment Through Technology, Guided by Education.” Forex Forest stands as Asia’s No. 1 brand specializing in the development and education of enterprise-grade AI quantitative trading programs. It is dedicated to promoting the concept of “passive income investing” to the general public and was a trailblazer in Hong Kong as the first enterprise to offer comprehensive automated trading courses, earning recognition from international professionals. The excellence of its technology is underscored by numerous accolades since its founding in 2017. The brand holds 12 patents and dual ISO certifications. A testament to its sustained innovation, it has won the “Global Best Quantitative Trading Award” for six consecutive years since its first international win in 2020. This track record reflects the brand’s commitment to sustainable development based on international standards and its intent for active global expansion. To date, Forex Forest has conducted over 50 course intakes, benefiting more than 26,000 students. Upholding its mission to “Strive for financial freedom for all,” many of its alumni have successfully used its quantitative trading tools to achieve this goal in the market. Government Backing Propels Hong Kong FinTech onto the World Stage Algo Forest Group’s business is progressively expanding worldwide, with 5 strategic locations including its Hong Kong headquarters and offices in Malaysia, the United Kingdom, Singapore, and Dubai. The group plans to continue its expansion into new countries, committed to helping investors globally achieve financial freedom. This global layout is strongly supported by the Hong Kong SAR Government, which provides critical backing for high-potential local AI technology enterprises to expand into overseas markets. Aligning with this, Algo Forest Group is actively exploring strategic opportunities in Abu Dhabi, a key development city in the “Belt and Road Initiative,” leveraging policies that facilitate and support cooperation between multinational enterprises. Leading his elite team at the GITEX technology exhibition in Dubai, Founder and CEO Wayne Ng showcased the company’s proprietary and forward-thinking AI-powered quantitative trading strategies (Expert Advisors). The team engaged in in-depth exchanges with innovative technology peers from around the world, discussing the application of AI in investment and fintech and sharing a collective vision for the future of technology. Forex Forest aspires to align with top-tier

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