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Energy & Technology

ES Sunlogy Pegs Sarawak JV Solar Plant Cost At RM488m

ES Sunlogy Bhd has clarified that its joint venture project to develop a solar hybrid power plant in Baram, Sarawak, will cost an estimated RM488.18 million. In a filing on Wednesday, the group said the project will be funded through 80% bank borrowings and 20% internally generated funds. Discussions are ongoing with two banking institutions to secure financing, and if additional equity is needed, the company may pursue a private placement of up to 30% of its enlarged share capital, subject to market conditions and regulatory approvals. The 155MWp solar hybrid plant, which will include a 310MWh battery energy storage system (BESS), is being developed under a 40:60 consortium with Sarawak-based Planet QEOS Sdn Bhd, following a heads of agreement signed on Monday. The pre-development phase is expected to take no more than 18 months from Aug 11, with construction to begin thereafter and completion targeted by end-2027. The project forms part of Phase 1 of the Baram DeepTech Energy Programme, which aims to supply 500MWac of firm renewable energy to the Sarawak grid by 2027. On Wednesday, ES Sunlogy’s shares closed one sen lower at 41.5 sen, giving the group a market value of RM287.12 million. The stock has risen 38.2% since its ACE Market debut in February at 30 sen per share.

News

MOF: Govt Recoups RM29.7b From 1MDB, SRC Since 2018

KUALA LUMPUR (Aug 13): The government has recovered a total of RM29.7 billion linked to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC) since the Asset Recovery Trust Account was established in 2018, according to the Ministry of Finance (MOF). Of this amount, RM10.9 billion was recovered between 2022 and June 30, 2025, the ministry said in a written parliamentary reply on Wednesday. As of July 31, 2025, RM42.17 billion in net funds had been channelled to 1MDB to meet debt repayments and financial obligations. This included RM15.44 billion from MOF and Minister of Finance Inc (MOF Inc) via shareholder advances or loans, and RM26.73 billion from recovered 1MDB assets. From this, RM28.93 billion went towards settling principal debt, while RM13.24 billion covered interest payments and other commitments. The ministry noted that the remaining 1MDB debt — comprising principal and interest on sukuk Islamic medium-term notes due by 2039 — stands at RM9.02 billion, made up of RM5 billion in principal and RM4.02 billion in interest. For SRC, RM5.35 billion has been allocated to settle its principal, interest, and other obligations. The MOF stressed that the recovery process remains ongoing and is complex, involving multiple local and foreign agencies, as well as legal proceedings and settlement talks. “Nevertheless, the government is committed to maximising recoveries to fully settle all 1MDB and SRC debts within the set timeframe,” it said.

News

Magma Completes RM379mil Capital Reduction

PETALING JAYA, Magma Group Bhd has successfully concluded its capital reduction exercise amounting to RM379.21 million, a move aimed at fortifying its balance sheet and improving its financial agility to support future growth and expansion initiatives. In a statement, the company said the completion of the exercise was formalised following the lodgement of the High Court of Malaya’s sealed order with the Companies Commission of Malaysia (SSM) on Aug 13, 2025. This came after the Special Resolution approving the proposal was passed by shareholders at the company’s extraordinary general meeting (EGM) held on March 21, 2025. Under the exercise, Magma’s issued share capital has been reduced from RM669.15 million to RM289.94 million, representing the cancellation of RM379.21 million from its share capital account. Importantly, the number of shares in circulation remains unchanged at 1.68 billion, meaning that the exercise has no dilutive effect on shareholders’ equity ownership. Magma noted that the capital reduction is expected to provide the group with greater financial flexibility, enabling it to optimise its capital structure, strengthen its financial position, and channel resources more efficiently towards business expansion and value creation for stakeholders.

Energy & Technology

TNB Plans Renewable Energy Expansion In Australia

PETALING JAYA, Tenaga Nasional Bhd (TNB) is set to deepen its presence in Australia’s renewable energy (RE) sector, securing a foothold in one of the world’s fastest-moving energy transition markets. The expansion aligns TNB with Australia’s goal to lift RE’s share of its national energy mix to 82% by 2030, from about 39% currently. TA Research, which recently visited TNB’s Australian operations under Spark Renewables Pty Ltd, expressed confidence in the move, noting that Spark offers TNB a strategic platform to tap into the country’s aggressive clean energy push. TA Research said it is positive on TNB’s expansion into the Australian energy market. TNB acquired Spark in 2023, adding the 120MW Bomen Solar Farm in Wagga Wagga, New South Wales, to its portfolio, along with a growing pipeline of greenfield projects. This approach marks a strategic shift away from buying fully operational assets towards developing projects from the ground up, which could deliver higher long-term returns. Spark complements TNB’s other New Energy Division units — Vantage RE, operating in the UK and Ireland, and TNB Renewables Sdn Bhd, which manages the domestic RE portfolio — as part of the group’s goal to achieve 14.3GW of RE capacity by 2050. Australia’s accelerated coal exit — with 90% of its 21GW coal capacity set to retire by 2035 — will require massive new solar, wind and storage capacity, plus 4,000km of extra transmission lines over the next decade. TNB’s involvement positions it to benefit from this transformation while gaining insights that could guide Malaysia’s own energy transition. However, TA Research noted that Spark’s near-term earnings contribution will be relatively minor compared to TNB’s large domestic revenue base. The firm maintained its ‘buy’ call on TNB with a DCF-derived target price of RM17.30, despite the ongoing additional tax assessment by the Inland Revenue Board. It also highlighted that a recent Federal Court decision on a 2018 tax case means nearly 70,000 project resubmissions will be reviewed by the Finance Ministry, with the potential to offset TNB’s RM7.2 billion tax liability in the best-case scenario.

Media OutReach

Insternity Group, Myint Mo Shyan, and MyanLife Partner with KBZ Foundation to Support Mandalay’s Post-Earthquake Reconstruction with Modular Building Technology

TAIPEI, TAIWAN – Media OutReach Newswire – 14 August 2025 – In March of this year, a powerful earthquake of magnitude 7.7 struck the Mandalay region of Myanmar, causing severe casualties and widespread destruction. In response to this emergency, Singapore-based Insternity Group Pte Ltd swiftly partnered with local Myanmar enterprises Myint Mo Shyan and MyanLife to provide immediate relief through modular building technology. This joint initiative, executed in collaboration with the KBZ Foundation, fully demonstrates a firm commitment to social responsibility and long-term community support. The photo shows the completed modular houses, which are now occupied as offices. From left to right at the donation ceremony are: Barbie Tsai (CEO of Insternity Group), Saw Dino Ku (MD of Myint Mo Shan), U Aung Ko Win (Chairman of KBZ Group), and U Nyo Myint (Vice-Chairman of KBZ Group). Innovative Modular Housing: A Fast, High-Quality Solution for Reconstruction Insternity Group and Myint Mo Shyan have long been advocates for sustainable and socially impactful architecture. As Myanmar’s only one-stop lifestyle platform combining e-commerce with food, travel, and other discount vouchers, MyanLife has a long history of dedication to philanthropy and is committed to enhancing local leisure experiences. Following the disaster, the three parties immediately launched their relief efforts. In Mandalay, the application of modular construction allowed for the rapid deployment of offices and residential units, which played a crucial role in restoring infrastructure and maintaining the continuity of services in the affected areas. In the initial phase, Insternity Group and Myint Mo Shyan constructed modular offices and dormitories for the KBZ Foundation to ensure uninterrupted operations. MyanLife, leveraging its extensive charitable experience, helped coordinate relief resources and assess community needs, ensuring that reconstruction efforts precisely addressed the actual needs of the affected population. These high-quality units feature durable structures, effective insulation, and ventilation systems, and are designed to be flexible for emergency or transitional needs. Financial Stability Supports Community Recovery The KBZ Foundation’s new modular office facilities are now fully operational, with employee dormitories expected to be completed in the coming weeks. This development ensures the continued provision of essential financial services and economic support, highlighting the critical role of modular solutions in disaster resilience and sustainable reconstruction. Working Together to Rebuild Hope Saw Dino Ku, Managing Director of Myint Mo Shyan, said, “When the earthquake struck Myanmar, I was determined to provide the fastest and most effective response for the victims. The concept of modular buildings, with their potential for significant impact, immediately came to mind. I immediately contacted the CEO of my partner, Insternity, and the MyanLife team to discuss the possibility of collaborating and donating for the earthquake relief efforts in Myanmar. We all saw the potential and decided to build and donate a ‘modular building’ for the KBZ Foundation’s disaster response center in Mandalay. Why modular? Compared to traditional timber-framed construction, it offers faster construction time, potentially lower costs, and higher energy efficiency. We believe this unique approach to emergency relief can make a significant difference.” Barbie Tsai, CEO of Insternity Group, stated, “In the face of tragedy, we must respond not only with speed but also with empathy. Our goal is to rebuild hope through construction—creating not just shelters but foundations for a new future. Together with our partners, we stand proudly with the people of Mandalay.” MyanLife also leveraged its long-standing charitable experience to serve as a community link, helping to integrate relief resources and assess the actual needs of affected communities to ensure that humanitarian aid provides maximum benefit. Later this year, MyanLife plans to launch more charitable initiatives to continue supporting vulnerable groups. Corporate Social Responsibility and a Sustainable Future This cross-national collaboration demonstrates the power of international cooperation and corporate compassion. The joint efforts of Insternity Group, Myint Mo Shyan, MyanLife, and the KBZ Foundation show how socially responsible business practices can play a key role in emergency recovery, community reconstruction, and building long-term resilience. By combining Singapore’s expertise in architectural technology, Myanmar’s local implementation capabilities, and MyanLife’s deep-rooted philanthropic experience, this model of cooperation sets a new benchmark for future disaster response. Innovative Modular Housing: A Fast, High-Quality Solution for Reconstruction Insternity Group and Myint Mo Shyan have long been advocates for sustainable and socially impactful architecture. As Myanmar’s only one-stop lifestyle platform combining e-commerce with food, travel, and other discount vouchers, MyanLife has a long history of dedication to philanthropy and is committed to enhancing local leisure experiences. Following the disaster, the three parties immediately launched their relief efforts. In Mandalay, the application of modular construction allowed for the rapid deployment of offices and residential units, which played a crucial role in restoring infrastructure and maintaining the continuity of services in the affected areas. In the initial phase, Insternity Group and Myint Mo Shyan constructed modular offices and dormitories for the KBZ Foundation to ensure uninterrupted operations. MyanLife, leveraging its extensive charitable experience, helped coordinate relief resources and assess community needs, ensuring that reconstruction efforts precisely addressed the actual needs of the affected population. These high-quality units feature durable structures, effective insulation, and ventilation systems, and are designed to be flexible for emergency or transitional needs. Financial Stability Supports Community Recovery The KBZ Foundation’s new modular office facilities are now fully operational, with employee dormitories expected to be completed in the coming weeks. This development ensures the continued provision of essential financial services and economic support, highlighting the critical role of modular solutions in disaster resilience and sustainable reconstruction. Working Together to Rebuild Hope Saw Dino Ku, Managing Director of Myint Mo Shyan, said, “When the earthquake struck Myanmar, I was determined to provide the fastest and most effective response for the victims. The concept of modular buildings, with their potential for significant impact, immediately came to mind. I immediately contacted the CEO of my partner, Insternity, and the MyanLife team to discuss the possibility of collaborating and donating for the earthquake relief efforts in Myanmar. We all saw the potential and decided to build and donate a ‘modular building’ for

Media OutReach

SonicWall Expands Cybersecurity Solutions with Refreshed Next-Generation Firewalls, Unified Management and Integrated ZTNA to Solidify Its Position as the MSP and MSSP Platform of Choice

SonicWall’s latest release features built-in Zero Trust, embedded warranty, and co-managed services empowering partners to deliver scalable, smart security with simplicity and confidence SINGAPORE – Media OutReach Newswire – 14 August 2025 – SonicWall today introduced nine new firewalls as part of its Generation 8 portfolio, taking a pivotal step in delivering a cybersecurity platform purpose-built for Managed Service Providers (MSPs), Managed Security Service Providers (MSSPs), and the customers they serve. This announcement underscores SonicWall’s commitment to delivering integrated cybersecurity solutions that address today’s threat landscape from the endpoint to the local network to the cloud. The Generation 8 portfolio strengthens SonicWall’s ability to deliver simplified, scalable, and affordable solutions, empowering partners to offer uncompromising, world-class security. SonicWall’s latest firewalls combine advanced protection, intelligent cloud management, Zero Trust security, and expert-backed services for a single monthly price. “We’re not just delivering a new set of high-performance firewalls, we’re preparing our partners and their customers for the latest threats and market requirements,” said Bob VanKirk, President and CEO of SonicWall. “Our new firewall lineup is just one part of a broader, unified platform strategy. With SonicWall Unified Management, embedded ZTNA, the SonicSentry managed services team, and the industry’s first built-in cyber warranty, we’re helping partners shift from resellers to high-value security providers. This launch arms our partners with the tools they need to win more business and strengthen customer trust by providing market-leading cybersecurity protection.” More Than Firewalls: A Unified, MSP-Ready Cybersecurity Platform The Generation 8 refresh is part of SonicWall’s integrated approach to deliver outcomes, not just infrastructure. SonicWall’s platform combines hardware, software, managed services, flexible billing, and deep third-party integrations to help partners scale efficiently and protect customers at every edge. Key platform features include: SonicWall Unified Management – A single cloud console to manage firewalls, network policies, access controls, and accounts, reducing operational complexity. Built-in ZTNA – Every firewall come with embedded licenses for next-gen secure remote access, making modern cloud access control easy to deploy. SonicSentry Co-Managed Security – Optional 24/7 monitoring, patching, and monthly reporting, backed by SonicWall experts. Backed by a Cyber Warranty – Industry-first embedded $200K coverage with every managed firewall through Managed Protection Security Suite (MPSS). “Today’s MSPs and MSSPs need more than just great technology, they need support scaling their business,” said Jason Carter, Chief Revenue Officer at SonicWall. “From flexible licensing to co-managed security services, we’re giving partners every advantage to grow margins, differentiate offerings, and meet their customers’ evolving needs.” Debasish Mukherjee, Vice President of Sales, APJ at SonicWall said, “MSPs and MSSPs especially in the APJ region are under increasing pressure to deliver stronger security outcomes while scaling efficiently across diverse markets. SonicWall’s new Generation 8 platform directly addresses this challenge, combining intelligent firewalls, cloud-native management, and built-in Zero Trust into one, unified solution. It’s built for today’s real-world needs, enabling partners to lead with confidence while helping customers stay secure and ahead of evolving threats.” Next-Gen Firewalls Engineered for Performance, Built for Growth SonicWall’s Generation 8 release features eight new firewall models, ranging from the ultra-compact TZ280 to the high-performance NSa 5800, each engineered to deliver best-in-class security, performance, and scalability for small offices, distributed environments, and mid-sized enterprises. Every model is equipped with cloud-native management built for service providers through SonicWall Unified Management, built-in Zero Trust capabilities, the latest SonicOS enhancements, and is protected by SonicWall’s industry-first embedded cyber warranty. Additionally, the entire Generation 8 lineup can be purchased with MPSS, enabling co-managed security services delivered by the SonicSentry team of security professionals. Designed for Real-World MSP Use Cases From cloud-first organizations and remote workforces to distributed enterprises, SonicWall’s platform adapts to the real-world challenges of partners and their clients. Use cases include: SMB and mid-market security with embedded Zero Trust Multi-tenant environments with centralized oversight Compliance-friendly co-management with built-in monthly health reports Full-stack offerings with warranties and optional cyber insurance coverage up to $1M Enabling Recurring Revenue and Simplified Service Delivery SonicWall offers both self-managed APSS and fully co-managed MPSS security bundles, all available via monthly billing options with no minimums or long-term commitments – ensuring partners can flexibly serve clients while building predictable recurring revenue. For more information, visit: www.sonicwall.com. Hashtag: #SonicWall The issuer is solely responsible for the content of this announcement. About SonicWall SonicWall is a cybersecurity forerunner with more than 30 years of expertise and is recognized as the leading partner-first company. With the ability to build, scale and manage security across the cloud, hybrid and traditional environments in real-time, SonicWall provides seamless protection against the most evasive cyberattacks across endless exposure points for increasingly remote, mobile and cloud-enabled users. With its own threat research center, SonicWall can quickly and economically provide purpose-built security solutions to enable any organization—enterprise, government agencies and SMBs—around the world. For more information, visit www.sonicwall.com or follow us on Twitter, LinkedIn, Facebook and Instagram.

Media OutReach

W Energy Brings Advanced AI Energy Forecasting Back to Australia in Partnership with Simble

SYDNEY, AUSTRALIA – Media OutReach Newswire – 14 August 2025 – Australian clean energy innovation takes a leap forward as W Energy, a new energy technology company, teams up with long-established ASX-listed Simble Solutions (ASX: SIS) to deploy AI-driven energy forecasting and management solutions nationwide. Simble has also formally engaged Yongxin Sun, W Energy’s founder and former AI Clean Energy GLOBAL lead, to provide technical support and strategic guidance. Mr. Sun combines expertise in finance, large-scale energy project modelling, and applied AI technology. W Energy’s AI forecasting platform originated in Australia to enhance solar and battery performance predictions while integrating financial modelling for investors and operators. Due to limited local data early on, the system was trialed in Southeast Asia across Cambodia, Vietnam, and the Philippines. These deployments delivered diverse climate and grid datasets, mature near real-time forecasting capabilities, and proven commercial benefits such as reduced investment risk and optimized storage dispatch. Now commercially mature, W Energy and Simble will begin rolling out projects in New South Wales, expanding to Queensland and Victoria. The partnership leverages W Energy’s predictive AI for generation, demand, and pricing optimization alongside Simble’s established market presence and energy monitoring tools. Together, they will serve commercial buildings, industrial precincts, and regional grid networks, supporting virtual power plants, dynamic pricing response, and grid resilience. This collaboration aligns with Australia’s energy transition goals, using AI to boost renewable penetration and grid flexibility. The platform integrates real-time IoT sensor data with historical weather and market information, applies adaptive algorithms for storage dispatch, and incorporates financial scenario modelling to assess project returns under varying conditions—all secured to comply with Australian data standards. Key benefits include higher forecasting accuracy across diverse weather conditions, direct integration of financial metrics into operational decisions, and scalability from small commercial sites to utility-scale assets. Potential applications range from energy cost reductions for commercial customers to enhanced stability in high-renewable regions. W Energy and Simble plan initial deployments in NSW commercial and industrial sites while collaborating with universities and research institutions to refine the AI platform using local data, further improving its accuracy, adaptability, and security. Hashtag: #WEnergy The issuer is solely responsible for the content of this announcement.

Media OutReach

Zenith Yacht Charters Introduces Couple’s Dinner Cruise Package Alongside Regional Expansion Plans

SINGAPORE – Media OutReach Newswire – 14 August 2025 – Zenith Yacht Charters, a luxury yacht charter in Singapore, introduced its latest offering—Sunset Dinner Cruise (SDC) Package—in early 2025. This four-hour private charter couple’s cruise is designed for those looking to dine and unwind in a quieter setting outside the city. Zenith Yacht Charters Introduces Couple’s Dinner Cruise Package Alongside Regional Expansion Plans A More Intimate Way to Experience the Sea Sea Esta is a 50-foot Iliad catamaran and one of the newer yachts currently available for charter in Singapore. As a catamaran, it offers greater stability while cruising, which may appeal to guests seeking a smoother experience compared to smaller or single-hull vessels. The SDC Package is tailored for two guests, with the option to accommodate extra visitors at an additional charge. The couple’s cruise includes an onboard meal consisting of a main course, soup, beverages, and a simple table setup. Guests can choose to dine either in the indoor saloon or on the flybridge, both offering al fresco seating. Two fishing rods are also provided for guests who wish to enjoy a quiet angling activity during the trip—and any catch can be prepared by the crew, adding a personal touch to the dining experience. Addressing the Demand for Private, Unconventional Experiences According to Zenith Yacht Charters, the SDC Package was rolled out in response to growing interest among Singaporean couples for weekend experiences that differ from the standard restaurant or city-based outing. With a limited number of dinner-focused yacht packages available for two people, the company aims to fill this gap in the market. “Our goal has always been to match each customer with the yacht that best suits their needs,” said Mr Dave Cai, Director of Zenith Yacht Charters. “With the Sunset Dinner Cruise, we now offer an option for those looking for a cosy, private dinner onboard—rather than a group outing on the water.” According to the company, the SDC package has been well received by guests, including a customer who recently used the cruise as a setting for a successful marriage proposal. Part of a Regional Growth Strategy Alongside the launch of the new couple’s cruise, Zenith Yacht Charters is continuing to expand its presence across the region. Over the past year, the company has introduced charter and yacht management services in Phuket and Penang—two destinations that are known for their distinct marine landscapes, many of which are best accessed by private yacht. The company has also noted that more travellers are independently planning their own sea adventures, though some may be unfamiliar with the options available. To support this, Zenith Yacht Charters offers guidance on itinerary planning and vessel selection, helping guests make choices that suit their needs and travel preferences. “Expanding into other parts of Southeast Asia strengthens our presence in the region and allows us to offer a wider range of charter options,” said Mr Cai. “We want to make it easier for travellers from around the world to experience the culture and natural beauty of Southeast Asia—with the right yacht and itinerary, wherever they choose to explore.” Customers interested in booking the SDC package or exploring other regional offerings can reach Zenith Yacht Charters via WhatsApp or by submitting an enquiry form through the company’s website. Hashtag: #ZenithYachtCharters #YachtCharter #CoupleCruise https://zenithyachtcharters.com/sg/en/https://sg.linkedin.com/company/zenithyachtcharters-pte-ltdhttps://www.facebook.com/ZenithYachtChartershttps://www.instagram.com/zenithyachtcharters/ The issuer is solely responsible for the content of this announcement. About Zenith Yacht Charters Zenith Yacht Charters is a Singapore-based yacht rental company offering private charters for a variety of occasions, including weddings, proposals, social gatherings, team-building events, and leisure cruises. The company provides a diverse fleet to accommodate different group sizes, preferences, and budgets, with options suited for both casual outings and more structured events.

Media OutReach

DHL Express and Cathay Group sign new sustainable aviation fuel (SAF) deal to drive production and uptake in Asia

DHL Express purchases 2,400 metric tons of SAF from Cathay Group to be used on flights operated by Air Hong Kong, an express all-cargo carrier and wholly owned subsidiary of Cathay. The SAF will be used on Air Hong Kong flights departing from Seoul Incheon, Tokyo Narita and Singapore Changi airports. The new agreement underscores both parties’ commitment to lower-carbon air logistics and driving the production and use of SAF for the air cargo sector. HONG KONG SAR/SINGAPORE – Media OutReach Newswire – 13 August 2025 – DHL Express and the Cathay Group have entered into a new sustainable aviation fuel (SAF) partnership that reinforces their shared commitment to reducing greenhouse gas emissions in the air cargo industry. Under the agreement, Cathay will supply DHL Express with 2,400 metric tons of SAF for international flights departing from three airports in Asia namely Seoul Incheon International Airport, Tokyo Narita International Airport, and Singapore Changi Airport. These flights are operated by Air Hong Kong, a wholly owned subsidiary of the Cathay Group, which principally operates express cargo services for DHL Express. Continuing through 2025, the partnership is expected to reduce lifecycle greenhouse gas emissions by approximately 7,190 metric tons —equivalent to the emissions of over 100 flights from Hong Kong to Singapore with an Airbus 330 freighter. (L to R): Peter Bardens, Senior Vice President for Network Operations and Aviation – Asia Pacific, DHL Express; Tom Owen, Director Cargo, Cathay Group “Sustainable aviation fuel currently accounts for less than 1% of the total global jet fuel consumption, yet air transport is one of our biggest sources of greenhouse gas emissions. Our decision to expand our SAF usage in Asia with Cathay is another important step that we have taken to drive momentum in SAF production and demand,” said Peter Bardens, Senior Vice President for Network Operations and Aviation – Asia Pacific, DHL Express. “DHL Express is at the forefront of SAF adoption, and we look forward to seeing more partners and customers join us on this journey to build a more robust SAF ecosystem in Asia. Our continued investment in this area aligns with DHL Group’s Strategy 2030, which recognizes ‘green logistics of choice’ as one of the four bottom lines.” This SAF deal builds on the long-standing partnership between DHL Express and the Cathay Group, including through Air Hong Kong. For more than two decades, Air Hong Kong has played a vital role in DHL Express’s Asia Pacific network. This latest collaboration builds on that strong foundation and paves the way for deeper cooperation in advancing SAF. (L to R): Samuel Lee, General Manager for Central Asia Hub, DHL Express; Wai Kheong Loh, Vice President of Commercial – Hong Kong & Macau, DHL Express; Peter Bardens, Senior Vice President for Network Operations and Aviation – Asia Pacific, DHL Express; Tom Owen, Director Cargo, Cathay Group; Clarence Tai, Chief Operating Officer, Air Hong Kong; Grace Cheung, General Manager, Sustainability, Cathay Group “This partnership marks the first SAF uplift on Air Hong Kong flights, a key milestone for Cathay as we continue to expand the SAF usage across our global network. SAF remains a core pillar of our strategy to address our carbon emissions, and collaboration is essential to scaling its use. We are excited to be working with like-minded partners like DHL Express to make SAF more accessible and scalable, particularly in Asia,” said Tom Owen, Director Cargo, Cathay. This collaboration makes DHL Express the latest strategic partner of Cathay’s Corporate SAF Program, an initiative launched in 2022 to support corporate partners in addressing greenhouse gas emissions from business travel and airfreight through the use of SAF. In 2024, the Corporate SAF Program enabled the use of over 6,000 metric tons of SAF, with a record 16 partners participating, including HSBC, AIA and Standard Chartered. Cathay has been steadily expanding its SAF efforts across the region. Earlier in 2025, the Group entered into an agreement with Sinopec to uplift SAF produced in the Chinese Mainland at Hong Kong International Airport, marking the first such export by Sinopec to Hong Kong. Additionally, Cathay has partnered with SK Energy to secure SAF supply in South Korea from 2025 to 2027. Apart from working closely with suppliers, the Group also co-initiated the Hong Kong Sustainable Aviation Fuel Coalition (HKSAFC) to collectively drive policy development and adoption of SAF locally. These initiatives reflect Cathay’s mission to expand the use of SAF within its network and foster a regional SAF ecosystem. Investments in SAF are therefore critical to ensuring its availability on a long-term and predictable basis. DHL Express has also been a frontrunner in scaling SAF uptake globally, securing long-term SAF agreements with multiple partners, including Neste, bp, and World Energy. Earlier this year, DHL Express also partnered with Cosmo Oil Marketing to use SAF produced in Japan for flights departing the country. Most recently, DHL Express completed an agreement with Neste that comprises 7,400 metric tons of SAF for international flights departing from Singapore Changi Airport, further demonstrating the company’s proactive approach to driving SAF demand and supply across the region. These efforts will also enhance DHL’s understanding of how to transport these alternative fuels, as it is a segment under its Strategy 2030’s key growth sector, “New Energy.” DHL Group is developing end-to-end logistics solutions for eight segments: wind, solar, electric vehicle (EV) and batteries, battery and energy storage systems, EV charging, grid, alternative fuel and hydrogen. Hashtag: #DHL 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

Media OutReach

EdgeProp’s Roundtable Round Two: From Listings to Legacy

SINGAPORE – Media OutReach Newswire – 13 August 2025 – Top performers in the real estate industry from Singapore and Malaysia gathered once again for the annual Realtors Round Table on Aug 12 at Pan Pacific Singapore. This exclusive evening honoured individuals who demonstrated exemplary performance, unwavering consistency, and the embodiment of high ethical standards within the real estate profession. The evening was a night of celebration and commendation, from valuable networking opportunities to comedic entertainment. Winners at the Realtors’ Roundtable 2025 The introduction of the trophy this year was no mere formality. It symbolises the effort of each individual who worked tirelessly with dedication and drive to uphold their integrity in the real estate industry. It is a reminder of the role each realtor plays in shaping the community through their success. While personal production was a key measurement of a realtor’s achievement in last year’s awards, overriding commission has been added as another indicator of success in this year’s Realtors’ Roundtable. Overriding commission quantifies the effort a realtor has put into building their team, an essential measure in maintaining the competency of the real estate industry in Singapore. Eligibility for the club is determined based on the performance metrics calculated in the local currency of the individual’s primary market for 2024. Method of production Member Rising Star Member Millionaire Member Received commission* $200,000 – $499,999 $500,000 – $999,999 ≥ $1,000,000 *Based on production and overriding commissions between Jan 1, 2024, and Dec 31, 2024, expressed in local currency. Production is defined as commission income received. Production excludes basic income, team overriding commissions, and deductibles (agency cuts & taxes). “Member numbers are up 34% compared to last year. That’s not just a bigger number; it’s a sign that more of you are participating, more of you are raising your game, and more of you see the importance of celebrating the hard work you put in.” Bernard Tong, CEO of EdgeProp Singapore, says. During the application process, realtors submit their commission and overriding amount received for assessment, and the data is verified with either their respective registered agencies or their official income statements. The results go through a second verification round with our Official Knowledge Partner, KPMG Singapore. “Being a realtor in Singapore is not easy, to be honest. Every weekend, you spend tons of money on flyers, stand under the hot sun to hand them out and then compete with thousands of other agents to fight to close deals at a showflat through a ballot system, essentially a lottery. And then, just when you think you’ve got a deal, cooling measures kick in, interest rates change, or the seller suddenly decides to ‘wait for a better offer’,” says Tong. “Yet, here you are — still closing, still growing, still finding a way. That’s what makes this industry special. It’s full of people who don’t just wait for the perfect market; you create opportunities in whatever market you’re given, and this is particularly true for this group here today. And that’s something to be proud of,” Tong adds. Of the 266 members who qualified this year, 51 repeated their achievement from last year. This is a testament to their sustained excellence and commitment to their craft. Achieving eligibility once is challenging; doing so for consecutive years is truly commendable. Members who qualify for three consecutive years earn Milestone status, while those who reach five consecutive years achieve the prestigious Landmark status. Please refer to the complete list of 2025 members below: MILLIONAIRE MEMBER Singapore Malaysia Business Name CEA licence no. Business Name licence no. Business Name licence no. Daniel Chong R030342B Andy Teoh E (3) 2136 Karen Ng Soh Huei REN 14461 Eric Goh R024237G Angel Tan REN 02922 Mabel Mak PEA 0985 Jeremy Lim R017809A Angela Lee REN 04297 Norman REN 56573 Loyalle Chin R047968G Edward Yeoh REN 65415 Paul Lim REN 26419 Lynn Er R024060I Edwin Ong REN 07942 Phoebe Foo Jie Chyi REN 39209 Nizam Adli R009461J Eken Ng REN 09700 Rachel Loo PEA 2035 Rambo Kor R031725C Elainne Phang REN 09625 Rita Jiang REN 31575 Stella Thio R030286H Ernest Ong Swee Gim REN 40148 Sean Liew REN 30734 Vincent Lim R026632B Eugene Tan REN 10087 Sean Tiew REN 37388 George Ng REN 17400 Simon Lim REN 12367 Ivan Wong Khai Mun REN 09162 Victor Lim Wee Tat REN 09135 Jason Teo REN 25138 YC Wong REN 56571 ELITE MEMBER Singapore Malaysia Business Name CEA licence no. Business Name licence no. Alex Goh R024505H Adzura Mohd Zamedin REN 04287 Alex Ng R009772E Albert Hoo REN 65544 Ann Lee R007611F Amin Mahat REN 70847 Anthony Chua R020000C Andy Lau Pik Kwong REN 32839 Ashlyn Peh R059953D Beelee Ku REN 48501 Catherine Lee R009414I Celestine Ting REN 42028 Chris Choo R016290Z Connie Soh Moi Chuan REN 60618 Clarence Foo R052281G Daniel Yong Hong Fatt REN 14043 Clarie Lim R059246G HuiHui Kok REN 60129 Donavan Tan R066799J Hycintha Sii Ping Sieng PEA 2252 Elaine Goh R042676A Jack Yap REN 20653 Faith Quek R005493G Jacq Sim REN 07430 Hakim Halim R063000H Jannah Ali REN 33302 Ivan Seah R045857D Jason Kok REN 39793 Jasmine Lau R013868E Jeffrey Kiong REN 27719 Jim Leong R056779I Jess Chong REN 48007 Joy Toh R045565F Johannes Loo REN 34083 Justin Kwek R041348A Johnathan Teo REN 39045 Lim Li Yuen R060059A Judy Tan REN 01785 Lincoln Choo K B R024093E Kevin Goh PEA 2729 Lynn Tiang R008601D Kevin Lim REN 43473 Maggie Yang R051087H Kho Chng Guan REN 08689 Martin Goh R001839F Liny Ong REN 59112 Mary Tan R007295A Lucas Liew REN 29489 Nick Tan R040814C Mason Sia REN 00792 Phoebe Ang R027574G Michael Lam REN 26181 Ray Teo R010198F Philip Chan REN 34066 Raycher Lim R044853F Robert Kong Chin Siong REN 45492 Raymond Ler R003417J Ryan Tan Chuan Wee REN 39046 Richard Jany R000383F Tan Kai Lun REN 21991 Ron Lim R018220Z TH Lee REN 05664 Ryan Lee K K R055105A Victor Lim Yu Chee REN 36613 Shawn Thayalan R014220H Vincent Chong Jin Yu REN 53247

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