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DHL Group enhances its electric vehicle and battery supply chain solutions in Asia Pacific as it gears up for Strategy 2030

Adds Singapore Electric Vehicle Center of Excellence to its network in the region, covering every segment in the electric vehicles supply chain Customized solutions in more than 10 countries across Asia Pacific Safety and compliance at the core of solution design to cater to rising demand as Asia drives the electric vehicles sector forward SINGAPORE – Media OutReach Newswire – 3 March 2025 – DHL Group (DHL), the world’s leading logistics company, is enhancing its end-to-end EV logistics and supply chain solutions for the Asia Pacific market, with the opening of three Electric Vehicle (EV) Centers of Excellence (COEs) within the region in 2024. These COEs build on DHL’s offering of customized solutions covering capital equipment for new EV-related factories, inbound-to-manufacturing (I2M), finished vehicles and aftermarket logistics in the region. DHL supports the electric vehicle sector growth in Asia Pacific “Over the next five years, Asia is expected to account for 63% of the new 115 million EVs sold worldwide.[1] A robust and compliant logistics supply chain ecosystem is needed to support this growing demand, and our EV Centers of Excellence in Shanghai, Singapore, and Indonesia serve as hubs of competencies and resources for the growing EV industry across the Asia Pacific , ” said Fathi Tlatli, Global Auto-Mobility Sector President, DHL Customer Solutions and Innovation. EV COEs to provide a network of expertise in Asia An EV COE is a center of knowledge and know-how, showcasing existing EV logistics expertise, capability, and resources and demonstrating DHL Group’s commitment to further enhance its EV offerings. These centers cover a wide range of solutions, offering modular and integrated end-to-end logistics across the EV supply chain. The three EV COEs in China, Singapore and Indonesia are connected to a global network of COEs in 10 countries including Italy, United Kingdom, Mexico and the United Arab of Emirates. “When people think of EVs, it is often associated with the finished vehicle itself. However, there is an entire complex ecosystem behind the EV value chain, which is crucial in orchestrating the process. That is our advantage as DHL Group, as we can offer customized solutions for every segment utilizing our expertise and our extensive global network,” said Audrey Gerard, Vice President of Auto-Mobility, Asia Pacific, DHL Customer Solutions and Innovation. EV COEs will also be established in other countries with an existing EV footprint and expertise, such as India, Japan, Malaysia and Thailand. DHL Group will continue focusing on the EV sector, with the New Energy sector identified as a key growth area in its Strategy 2030. As the sector matures, there is an increasing need to repurpose end-of-life EV parts and batteries or recycle them for raw materials. “This segment will require complex logistics support, which we are exploring in the region leveraging solutions implemented in Europe and the Middle East networks as well as a market-leading cross-border road freight network in the ASEAN region,” said Tlatli. Customized EV Solutions on showcase at the new EV COEs Capital equipment and battery materials for gigafactories For companies expanding their mining of EV battery minerals and battery manufacturing operations globally, DHL Group offers the management of the entire process, from capital equipment logistics to the supply of battery materials such as electrolytes and processed minerals. Inbound to manufacturing (I2M) for EV assembly plant Today, DHL is the preferred partner for the door-to-door storage and transportation of EV batteries and parts for multiple global vehicle manufacturers. Control towers oversee these solutions, managing the suppliers and tracking end-to-end temperature, humidity, and geolocalization data to ensure safety and performance. At the assembly plant, DHL supports in-plant logistics solutions, such as processing the arrival of material from vendors, storing, picking, and kitting. Air transport of smaller battery cells, modules, and critical components for urgent shipments is offered to prevent disruptions. Finished EVs DHL’s network of specialists has worked on electric vehicle-in-container solutions for mass market distribution, and air freight services for prototypes and critical vehicle shipments. Across 2024, DHL delivered soon-to-be-launched vehicle prototypes from China to Europe, including customized boxes, dangerous goods (DG) checks, and the management of export clearance. At the destination, additional finished vehicle services for pre-delivery inspection and yard management have been implemented in several geographies. EV aftermarket DHL establishes and manages EV aftermarket networks for various Western and Asian OEMs, including regional and local part distribution centers in key Asia Pacific markets, such as India, Indonesia, Japan, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It has developed EV parts and battery-specific solutions, such as shared storage facilities, to cover requirements from compliance, import, storage, and time-definite deliveries to dealerships. [1] Asia to lead global EV growth – Economist Intelligence Unit Hashtag: #DHL #electricvehicles #supplychain #logistics https://group.dhl.com/en.htmlhttps://www.linkedin.com/company/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 395,000 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 81.8 billion euros in 2023. 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.

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The new report ‘The State of Hong Kong Biodiversity 2025’ reveals over 25% of species in Hong Kong are at risk of local extinction

HONG KONG SAR – Media OutReach Newswire – 3 March 2025 – WWF-Hong Kong, in association with the Hong Kong Bird Watching Society, Kadoorie Farm and Botanic Garden, Outdoor Wildlife Learning Hong Kong, and local researchers, have released a new report titled ‘The State of Hong Kong Biodiversity 2025‘ today. This report is a comprehensive overview of the current state of Hong Kong biodiversity which evaluated the local extinction risk of hundreds of terrestrial and freshwater species, identified critical biodiversity hotspots, and offers science-based recommendations for guiding conservation decisions. Thanks to its complex topography, diverse habitats, and the extensive Country Park system, Hong Kong is home to an impressive range of biodiversity. However, as our protected areas are concentrated in hillsides and coastal wetlands, many of the most vulnerable species and habitat types lack adequate protection. Leveraging the expertise of 24 local ecologists and specialists, the study assessed the conservation status of 886 species across eight animal groups, including mammals, birds, reptiles, amphibians, freshwater fishes, butterflies, dragonflies and freshwater crustaceans. Alarmingly, the report reveals that 21 of the 886 assessed species have already disappeared from Hong Kong and over 25% (232 out of 886) are at risk of local extinction. Among the assessed fauna, birds and freshwater fishes are the most at risk groups, with almost half facing moderate to high risk of local extinction. Species dependent on lowland habitats, such as freshwater marsh, river, farmland and other open country habitats, are experiencing the most serious decline, necessitating urgent conservation intervention. Habitat loss and degradation, poaching and the spread of invasive species are major drivers for their decline. The report is accompanied by the Hong Kong Terrestrial Biodiversity Hotspot Map 2025, which highlights 27 critical biodiversity hotspots outside the protected-area system. These hotspots, which cover merely 6% of Hong Kong’s land area, are home to about 95% of at-risk species. Yet, nearly 80% of the hotspots have suffered from eco-vandalism and nearly 50% overlap with planned/committed development. This underscores both the conservation significance of these areas and the need of immediate conservation efforts at these vulnerable hotspots to prevent further species decline or extinction. The report serves as a key reference for government officials, statutory bodies, researchers, environmental consultants, and conservationists, highlighting the areas requiring attention to improve relevant policies, laws and regulations, and to conduct research and projects. It also calls on public to engage in conservation efforts of at-risk species and biodiversity hotspots. An immediate, collective effort, and societal commitment are imperative to prevent these at-risk species from local extinction. Dr. Bosco Chan, Director, Conservation of WWF-Hong Kong said: “Our aim in publishing this report and the biodiversity hotspot map is to inform strategic conservation actions, elicit interest in the conservation of overlooked fauna and their habitats, and help the Government to enhance relevant policies, laws and regulations. The findings of this report underscore the urgent need for collective actions to protect at-risk species and habitats, which are concentrated in the unprotected lowlands. We must make and invest in concrete plans to protect Hong Kong’s most threatened biodiversity and wildlife habitats before it is too late.” Dr. Carmen Or, Manager, Wetlands Research of WWF-Hong Kong highlighted that: “The last comprehensive species status assessment and biodiversity hotspot map for Hong Kong were produced over two decades ago. It is high time for us to reassess the state of biodiversity in Hong Kong to reflect changes in the environment and ensure our conservation actions align with species and habitats in the most urgent needs.” Mr. Yu Yat Tung, Director, The Hong Kong Bird Watching Society added that: “Birds are among the most seriously threatened faunal groups in Hong Kong. The loss of lowland wetlands and farmland, along with habitat changes resulting from vegetation succession, significantly impacts both breeding and visiting birds, as illustrated by the habitats required by at-risk birds. Dr. Michael Lau, renowned herpetologist in Hong Kong shared that: “Other than habitat loss, which impacts both reptiles and amphibians and has led to the extinction of Chinese Floating Frog, all native turtles are facing risk of local extinction, and poaching is the most serious threat to their survival.” Dr. Alphonse Tsang, Research Assistant Professor of Lingnan University stated that: “With nearly half of the native freshwater fish species at risk of local extinction, threats such as channelisation and water pollution, and the invasion of non-native species must be tackled.” To access the full report: : https://wwfhk.awsassets.panda.org/downloads/the-state-of-hong-kong-biodiversity-2025.pdf To access the hotspot map: https://wwfhk.awsassets.panda.org/downloads/hong-kong-terrestrial-biodiversity-hotspot-map-2025.pdf High resolution photos are available at: https://wwf.hk/biodiversity2025 Experts attending Dr Bosco Chan, Director, Conservation of WWF-Hong Kong Dr. Carmen Or, Manager, Wetlands Research of WWF-Hong Kong Mr. Yu Yat Tung, Director, The Hong Kong Bird Watching Society Dr. Michael Lau, renowned herpetologist in Hong Kong Dr. Alphonse Tsang, Research Assistant Professor of Lingnan University Mr. Tommy Hui, Manager, Conservation of WWF-Hong Kong Mr. Jianhuan Yang, Conservation Manager, Kadoorie Farm and Botanic Garden Mr. Philip Lo, Senior Conservation Officer, Kadoorie Farm and Botanic Garden Dr. Ken So, Education and Research Manager, Outdoor Wildlife Learning Hong Kong Hashtag: #WWF The issuer is solely responsible for the content of this announcement. WWF-Hong Kong WWF is a leading global conservation organisation, with a network active in more than 100 countries. WWF’s mission is to build a future in which humans live in harmony with nature. WWF-Hong Kong has been working since 1981 to deliver solutions for a living planet through conservation, footprint and education programmes, with the aim of transforming Hong Kong into Asia’s most sustainable city.

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Cushman & Wakefield appointed as Lead Sales Agent for the Sale of an Enbloc building including the whole Student Accommodation located at No. 33 Cooke Street/ No. 13 Lo Lung Hang Street, Hung Hom

HONG KONG SAR – Media OutReach Newswire – 3 March 2025 – Cushman & Wakefield has been appointed by the owner as the lead sales agent for the sale of the enbloc building including the whole student accommodation located at No. 33 Cooke Street/ No. 13 Lo Lung Hang Street, Hung Hom. The property has a total building area of approximately 7,501 square feet (Not verified.) and is currently listed at HKD 85 million with existing tenancies. Acquired and renovated by a fund in October 2021, the property features three shops, generating around HKD 80,000 per month. The residential section comprises 50 rooms, managed by IRENT as student apartments. According to IRENT’s website, room rentals inclusive of management fees range from HKD 6,610 to HKD 9,240 and occupancy levels are high. There is potential to upgrade the rooms to all include an ensuite bathrooms, which would further enhance rental returns. Additionally, the property can be sold as a company, offering investors greater flexibility and convenience. The location boasts excellent connectivity, with Ho Man Tin MTR Station just a 6-minute walk away, and both Hung Hom MTR Station and Whampoa MTR Station approximately 10 minutes on foot. The Hong Kong Polytechnic is about a 15-minute walk from the property and Metropolitan University is just a 19-minutue walk away. Situated in Hung Hom, it is adjacent to the new residential project Baker Circle developed by Henderson Land and the Onmantin development atop Ho Man Tin MTR Station by Great Eagle. The surrounding neighborhood features numerous shops and dining options, providing convenient amenities to meet diverse needs. Mr. Alvin Lau, Director of Capital Markets in Cushman & Wakefield, stated: “In the 2024 Policy Address, the government reaffirmed its commitment to establishing a ‘Study in Hong Kong’ brand by increasing the quota for non-local students from 20% to 40%. This initiative is expected to attract a greater number of non-local students to pursue their studies in Hong Kong, resulting in a projected shortage of at least 55,400 university accommodation places. Due to the insufficient availability of on-campus accommodation, students who are unable to secure university accommodations will inevitably turn to the private market. This strong demand presents significant business opportunities for both private real estate investors and student hostel operators. As private student accommodations are specifically designed for students, investing in student apartments has increasingly become a popular choice. It offers investors stable rental income, making it an attractive option for long-term investment strategies. Hashtag: #Cushman&Wakefield The issuer is solely responsible for the content of this announcement. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2024, the firm reported revenue of $9.4 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

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Asia’s digital future: Economist Impact’s 5th annual Technology for Change Asia to showcase innovation for business and society with keynote address by the Honourable Paul Chan Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

HONG KONG SAR – Media OutReach Newswire – 3 March 2025 – Economist Impact will host the 5th annual Technology for Change Asia on March 12th-13th at the Hopewell Hotel in Hong Kong. This premier event will bring together 500 leaders to understand the transformative power of emerging technologies for business and societal advancement. Economist Impact will host the 5th annual Technology for Change Asia on March 12th-13th at the Hopewell Hotel in Hong Kong. Key themes include: Future of work in the AI era: analyse AI’s impact on job markets, skills development, and the evolving relationship between humans and machines The quantum revolution: investigate how quantum computing can reshape sectors such as cybersecurity, healthcare, and finance Sustainable tech solutions: discuss innovative green technologies to combat climate change and promote sustainable development Human-centered innovation: ensure technology adoption prioritise human needs and societal well-being Greater Bay Area transformation: explore the GBA’s pivotal role in driving innovation and economic growth in Asia China’s digital roadmap: gain insight from Chinese tech leaders on innovations shaping the global tech landscape. Smart and green mobility: examine electric vehicles, smart city initiatives, and government policies driving sustainable transport. Ethical AI: address critical issues in data privacy, cybersecurity, and public trust in generative AI. 70 speakers confirmed including distinguished figures such as: The Honourable Paul Chan Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region Professor Brian Cox, renowned physicist, author, and television presenter Yan Xie, chief technology officer, Li Auto Daryl Pereira, director and head of ‘Office of the CISO’ Asia-Pacific, Google Milind Gaharwar, principal AI scientist, Mercedes-Benz Group Allan Zeman, Chairman, Lan Kwai Fong Group Chris Bezuidenhout, chief information officer, global emerging markets, Deutsche Bank Paulo de Guzman, chief technology officer, Sephora Puneet Gambir, head of risk and GrabDefence business, Grab Clair Deevy, global director of social impact, WhatsApp Irwan Yulianto, general manager and head of Asia-Pacific enterprise infrastructure, cybersecurity and smart innovation, Panasonic Nancy Wang, country manager and senior director of talent solutions, LinkedIn China Prerit Mishra, head of analytics, Asia-Pacific, DHL Ayumi Nakajima, senior director and head of Asia-Pacific, content, Pinterest David Liu, chief customer experience officer, Klook Laura Houldsworth, vice-president and managing director, Asia-Pacific, Booking.com “We are at a pivotal moment. New technologies such as quantum computing, nuclear fusion and AI promise to revolutionise our societies, and Asia stands centre stage,” says Professor Brian Cox. “But the development and deployment of these technologies requires focused funding, R&D and regulation. We must not forget they emerged from curiosity-driven science. I believe it is vital that we maintain the science base – the wellspring of new knowledge – alongside the development of new technologies based on discoveries of the past. I look forward to engaging with leaders and experts and contributing to this debate.” “From quantum computing to ethical AI, Technology for Change Asia 2025 tackles the innovations defining our future,” says Charles Ross, principal, technology and society, Asia-Pacific at Economist Impact. “The conversations we’ll have are not just about technology but about shaping a more resilient and equitable world. I’m looking forward to engaging with the leaders making it happen.” The 5th annual Technology for Change Asia is sponsored by the Kellogg-HKUST Executive MBA Program, Hong Kong Science & Technology Parks Corporation, Tata Communications, IBM, AIA and McKinsey Global Institute. The event is supported by Brand Hong Kong, The Hong Kong Tourism Board, AI Club Asia, Asia MarTech Society, and the British Consulate-General Hong Kong. The official travel partner is Cathay Pacific. Register here: https://bit.ly/EconTechforChange Hashtag: #EconomistImpact #technology The issuer is solely responsible for the content of this announcement. About Economist Impact Economist Impact empowers businesses, governments and foundations to catalyse change and enable progress. Uniting the expertise The Economist Group is known for under a single brand, Economist Impact brings together policy research and insights, data visualisation, custom storytelling, events and media. Economist Impact combines the rigour of a think tank with the creativity of a media brand, engaging an influential audience in the areas of sustainability, healthcare and new globalisation. Visit www.economistimpact.com for more information.

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Kenanga Investors Celebrates Multiple Wins at The 2025 LSEG Lipper Fund Awards

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 March 2025 – Kenanga Investors Berhad (“Kenanga Investors“) was presented with a total of five (5) awards at the LSEG Lipper Fund Awards 2025 (“Awards“). This year, the firm surpassed its previous successes, earning recognition across multiple categories, marking a continued commitment to excellence in fund management. From left to right: Brandon Ong, Portfolio Manager; Low Pei Yee, Portfolio Manager; Lee Sook Yee, Chief Investment Officer; Cristopher Kok, Head, Equities; Dawne Chin, Portfolio Manager; and Muhammad Nur Azmi Bin Abdul Aziz Al-Akbar, Portfolio Manager. The firm was recognised for the performance of the following funds: Kenanga DividendEXTRA Fund (“KDEF”) – Best Equity Malaysia Diversified – Malaysia Funds Over 3 Years Kenanga Malaysian Inc Fund (“KMIF”) – Best Equity Malaysia Diversified – Malaysia Provident Funds Over 10 Years Kenanga Balanced Fund (“KBF”) – Best Mixed Asset MYR Balanced – Malaysia Provident Funds Over 10 Years Kenanga Managed Growth Fund (“KMGF”) – Best Mixed Asset MYR Flexible – Malaysia Provident Funds Over 10 Years Kenanga SyariahEXTRA Fund (“KSEF”) – Best Mixed Asset MYR Balanced – Malaysia Islamic Funds Awards Over 10 Years Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer, expressed pride in the firm’s performance, stating, “These awards highlight our ongoing commitment to excellence and consistency, especially in delivering strong returns year after year, even in tough market conditions. Our success comes from a disciplined, bottom-up stock-picking approach, which helps us identify high-quality companies and spot opportunities others may miss. We dig deep into industry dynamics, company business models, and the key factors driving return on equity. Through thorough channel checks, we assess competitive advantages and growth drivers, focusing on management quality, sustainability, industry trends, and balance sheet strength. As such, we are glad to see our expertise demonstrated by our success in both conventional and Shariah categories”. Lee Sook Yee, Chief Investment Officer, shared the firm’s outlook for 2025, stating, “We will continue to emphasise stock picking, while maintaining a higher-than-usual cash allocation to ensure flexibility amidst ongoing external uncertainties. We will focus on sectors tied to Malaysia’s domestic growth story, such as financials, construction, and healthcare, while complementing these with increased defensive holding. Selected small-cap stocks could present an opportunity, especially after their underperformance compared to large-cap stocks in 2024. By staying consistent with our investment philosophy, I am confident we can manage our portfolios effectively to capitalise on market opportunities, even with volatility”. The performance1 of KMIF2 for the 2024 calendar year, which has received recognition for four consecutive times at the Awards, stands at 24.14%, significantly outperforming its benchmark of 16.98%. KDEF2 recorded returns of 21.31%, surpassing its benchmark of 16.98%, while KMGF3 delivered 19.24%, exceeding its benchmark of 10.39%. KBF4 posted a return of 18.53%, also outperforming its benchmark of 12.52%, and KSEF5 achieved 15.39%, outpacing its benchmark of 10.23%. The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. With this year’s multiple wins, Kenanga Investors strengthens its position as a leading fund house in Malaysia, committed to delivering value and growth for its investors over the long term. For more information about Kenanga Investors, please visit www.kenangainvestors.com.my. Hashtag: #Kenanga The issuer is solely responsible for the content of this announcement. Kenanga Investors Berhad 199501024358 (353563-P) We provide investment solutions ranging from collective investment schemes, portfolio management services, alternative investments, as well as wills and trusts for retail, corporate, institutional, and high net worth clients via a multi-distribution network. At the LSEG Lipper Fund Awards Malaysia 2025, KIB received awards for the Kenanga DividendExtra Fund (“KDEF”) under the Best Equity Malaysia Diversified – Malaysia Funds over 3 years , Kenanga Malaysian Inc Fund (“KMIF”) under the Best Equity Malaysia Diversified – Malaysia Provident Funds over 10 years, Kenanga Balanced Fund (“KBF”) under the Best Mixed Asset MYR Balanced – Malaysia Provident Funds over 10 years, Kenanga Managed Growth Fund (“KMGF”) under Best Mixed Asset MYR Flexible – Malaysia Provident Funds over 10 years, and Kenanga SyariahEXTRA Fund (“KSEF”) under the Best Mixed Asset MYR Balanced – Malaysia Islamic Funds Awards over 10 years. The Hong Kong-based Asia Asset Management’s 2024 Best of the Best Awards awarded KIB under the following categories, Malaysia Best Impact Investing Manager, Best Impact Investing Manager in ASEAN, Malaysia Best Equity Manager, Malaysia CEO of the Year, Malaysia CIO of the Year, Malaysia Best House for Alternatives, Malaysia Most Improved Fund House and Malaysia Best Investor Education. The FSMOne Recommended Unit Trusts Awards 2023/2024 named Kenanga Growth Fund Series 2 as “Sector Equity – Malaysia Focused”, Kenanga Shariah Growth Opportunities Fund as “Sector Equity – Malaysia Small to Medium Companies (Islamic)” and Kenanga Shariah OnePRS Growth Fund as “Private Retirement Scheme – Growth (Islamic)”. We were also recognised at The BrandLaureate BestBrands Awards 2024 – Brand of the Year under the category Wealth Management & Investment Solutions. For the eighth consecutive year, KIB was affirmed an investment manager rating of IMR-2 by Malaysian Rating Corporation Berhad, since first rated in 2017. The IMR rating on KIB reflects the fund management company’s well-established investment processes and sound risk management practices.

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Chubb to Acquire Liberty Mutual’s P&C Insurance Businesses in Thailand and Vietnam

Transaction represents an opportunity to enhance and expand Chubb’s business ZURICH, SWITZERLAND – Media OutReach Newswire – 3 March 2025 – Chubb Limited (NYSE: CB) today announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam. The terms were not disclosed. The two companies — LMG Insurance in Thailand and Liberty Insurance in Vietnam —offer a range of consumer and commercial P&C products, including Automotive, Accident & Health and Non-Motor insurance such as fire/property and industrial all-risk. This portfolio is coupled with complementary distribution through 56 branches, 2,600 brokers and agents, and 26 finance partners. The combined operations produced approximately $275 million in net premiums written in 2024. The transactions are expected to be completed by the second quarter of 2025 (Thailand) and late 2025 / early 2026 (Vietnam) and are subject to required regulatory approvals and customary closing conditions. Hashtag: #Chubb The issuer is solely responsible for the content of this announcement. About Chubb Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.

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Engineering marvel unveiled: Kai Tak Sports Park sets new standards in design and innovation

HONG KONG SAR – Media OutReach Newswire – 3 March 2025 – Kai Tak Sports Park (KTSP) officially opened on 1 March 2025 as the largest integrated sports and entertainment complex in Hong Kong, setting a new benchmark in design innovation and engineering excellence. With Arup as the engineering consultant, KTSP is designed to cater to the city’s unique urban environment and its vibrant community, providing an unparalleled experience for visitors and spectators alike. “Kai Tak Sports Park is a testament to our commitment to pushing the boundaries of design, innovation, and sustainability. We’re immensely proud to help realise this new icon for Hong Kong, which will promote community sports and support the hosting of international events in our city.” – Michael Kwok, East Asia Region Chair, Arup A venue like no other Central to the park is the 50,000-seat Kai Tak Stadium, dubbed as the ‘Pearl of the Orient’. Designed to address Hong Kong’s humid sub-tropical climate, the stadium features one of the world’s largest retractable roofs and a flexible pitch surface, allowing the venue to host a variety of events in any weather. The retractable roof, weighing nearly 4,800 tonnes, operates quietly and can open or close in just 30 minutes using advanced mechanisms similar to railway technology. To support this massive roof, Arup engineered a bespoke structure with four mega trusses spanning between 150m to 180m, anchoring on four bearing-free reinforced concrete towers at the corners to ensure an unobstructed view for every spectator. Building information modelling (BIM) was fully adopted to optimise the structural design, ensuring constructability and minimising steel use. Given the stadium’s proximity to residential areas, the retractable roof is acoustically sealed when closed, using sound-proof barriers and heavy cladding panels to dampen low-frequency sound, making the stadium one of the most efficient soundproofing sports facilities in the world. Spectator experience redefined The stadium boasts a pioneering air-conditioning system activated when the roof is closed. This system adopts a bowl cooling method with individual outlets beneath each seat, circulating cool air in spectator areas without having to cool the entire stadium. This approach optimises spectator comfort while enhancing energy efficiency. The successful implementation of this system is a result of the meticulous coordination and integration between structural and MEP engineering. Advanced precast construction techniques have been used alongside an innovative multi-trade integrated MEP (MiMEP) design approach, setting high standards in both functionality and sustainability. Seamless accessibility for visitors Pedestrian access to KTSP is seamlessly integrated at the podium level, ensuring safe and convenient visitor movement without the need to cross busy roads. The facilities throughout the park are interconnected through thoughtfully designed paths and walkways, enhancing the visitor experience. Arup’s total engineering services for KTSP extend to the 10,000-seat Kai Tak Arena, the 5,000-seat Youth Sports Ground, and various retail and leisure spaces. “Working closely with our clients and partners, our multidisciplinary engineering team has overcome numerous challenges to bring Kai Tak Sports Park to life. We’ve accomplished something incredible together, delivering a vibrant hub that will enrich the community.” – Ben Lam, Project Director of Kai Tak Sports Park, Arup Working in close collaboration with the Culture, Sports and Tourism Bureau, Kai Tak Sports Park Limited, Hip Hing Engineering Co. Ltd, Populous, Simon Kwan & Associates Ltd., and ADI Limited, Arup provided civil, structural, geotechnical and building services engineering, as well as traffic, fire engineering, façade, acoustics, audio-visual, sports lighting, advanced digital engineering, security, environmental and sustainability consulting.Hashtag: #Arup The issuer is solely responsible for the content of this announcement. About Arup Dedicated to sustainable development, Arup is a collective of 18,000 designers, advisors and experts working across 140 countries. Founded to strive for humanity and excellence in everything that we do, we collaborate with our clients and partners, using imagination, technology, and rigour to shape a better world. www.arup.com

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Five Footway Festival 2025 Honours Chinatown’s Storied Past through Immersive Cultural Experiences

Happening from 14 – 23 March 2025, this year’s festival features a line-up of new and exciting activities, including a Theatrical Walking Tour based on a fictional account of a letter writer’s life in the 1940s, a guided tour at the recently reopened Chinatown Heritage Centre, Kaya Making Workshops, and more. SINGAPORE – Media OutReach Newswire – 3 March 2025 – The Chinatown Business Association proudly presents the fourth edition of the Five Footway Festival, running from 14 to 23 March 2025. This festival honours Singapore’s iconic five-footways and Chinatown’s rich heritage through immersive experiences, performances, and workshops. Executive Director of the Chinatown Business Association, Ms Lim Yick Suan shared, “The Five Footways of Chinatown are more than just physical spaces – they are a living testament to the rich heritage, resilience, and spirit of the community that have shaped Singapore especially as we celebrate SG60 this year. This year’s Five Footway Festival provides an opportunity to explore Chinatown’s vibrant past through engaging cultural experiences, allowing visitors to immerse themselves in the sights, sounds, and tastes that bring Chinatown’s history to life.” TAKE A STROLL THROUGH HISTORY WITH CAPTIVATING WALKING TOURS This year’s Five Footway Festival invites visitors to explore the rich history of Chinatown through four immersive walking tours, each offering a distinctive glimpse into the district’s lively past and present. Among the highlights is the Chinatown Theatrical Tour – Letter Writer’s Lament, a storytelling journey that transports participants back to the 1940s. Led by Let’s Go Tour, winner of Tripadvisor’s Traveler’s Choice Awards and a finalist in the 2024 Singapore Tourism Awards, this experience follows the journey of Ace Wan, a young immigrant who found his calling as a Chinese letter writer. Through a blend of theatre and history, visitors will witness the struggles and aspirations of early immigrants, retracing the lives of early immigrants who once gathered along the bustling five-footways. “Under One Roof” – An Immersive Guided Experience @ Chinatown Heritage Centre offers a rare glimpse into the daily lives of Chinatown’s early residents. Housed within three shophouses, the centre recreates the 1950s interiors of its tenants, from family homes to tradesmen’s workshops to offer an authentic glimpse into the lives of Chinatown’s early residents. The OG Hustlers walking tour celebrates the resilience of Chinatown’s pioneers, who transformed its narrow five-footways into thriving hubs of trade and community. Step inside century-old establishments like Pek Sin Choon, one of Singapore’s oldest tea merchants, and beloved Cantonese pastry shop Tong Heng to uncover the enduring legacies of these family-run businesses. For those eager to explore beyond the heart of Chinatown, Hey Bukit Pasoh! The Vibrant Yesteryears takes visitors through the charming enclave of Bukit Pasoh. Discover hidden gems where the past and present of Singapore’s heritage scene come to life – from The Pioneers’ Memorial Hall (PMH), which honours the contributions of Singapore’s leaders, to the iconic filming locations of Crazy Rich Asians. A SPECTACULAR SHOWCASE OF CULTURAL PERFORMANCES Smith Street comes alive with vibrant performances at this year’s Five Footway Festival! Meet and Greet Stilt Walkers in traditional wear and be amazed by show-stopping Lion Dances from renowned and award-winning troupes, including Singapore Tian Eng Dragon & Lion Dance Centre (新加坡天鷹龍狮学院) and Singapore Hok San Association (新加坡鶴山會館武術醒獅團), Singapore’s first lion dance troupe. Look forward to an exciting lineup of performances, including Face Changing (变脸), traditional Chinese music featuring the guzheng (古箏) and pipa (琵琶), Street Storytelling, and Reverberations of Heritage, a lively performance featuring Chinese instruments. Don’t miss the thrilling Monkey King Show and Wushu Performance by Choy’s Brothers Opera Troupe. Bilingual puppetry theatre Paper Monkey Theatre presents a unique blend of traditional Chinese hand puppetry and modern theatrical techniques in their Hand Puppet Show: The Tiger Hero (武松打虎). Inspired by The Water Margin, one of China’s great classic novels, this tale follows the courageous Wu Song as he bravely faces a ferocious tiger in a thrilling test of strength and wit. Adding to the festivities, opera performances will take place every weekend, bringing to life beloved stories from Chinese folklore. Audiences can also enjoy a traditional Beijing Opera Performance by Ping Sheh and a Teochew Opera & Drums Performance by Nam Hwa Opera (南华潮剧社), one of Singapore’s most prominent and prolific Teochew Opera companies. Featuring performers ranging from 10 to 70 years old, the performance will showcase the depth and vibrancy of this traditional art form through captivating storytelling, elegant movements, and the rich musical heritage of Teochew opera. DIVE INTO TRADITION WITH INTERACTIVE WORKSHOPS Visitors can dive into the rich heritage of Chinatown through enriching workshops and highlight various aspects of its history and traditions. Food plays a key role in Singapore’s cultural identity, both past and present. In the Kaya Making Workshop, participants will learn step-by-step techniques to make traditional Gula Melaka Kaya. The Intangible Cultural Heritage of Ang Ku Kueh workshop will provide insights into this iconic red pastry, allowing participants to make it the traditional way. The Teochew Png Kueh Masterclass offers a chance to learn the art of creating the beloved savoury glutinous rice cake. In the Get Prosperous with Egg Huat Kueh workshop, attendees will discover the history and varieties of Huat Kueh (prosperity cake) and learn to make traditional Egg Huat Kueh. The Chinese Kung Fu Tea Workshop provides hands-on experience in the art of Chinese tea, where participants will explore the cultural significance of tea and learn to brew and serve traditional varieties. The Sights & Sounds of Chinese Opera workshop offers an exploration into the world of Cantonese Opera, featuring insightful discussions, live demonstrations, and an excerpt from a traditional Chinese Opera performance, all accompanied by a soothing Chinese tea experience. Visitors can also join the Plate Spinning Experiential Workshop, where they will learn the fundamentals of plate spinning, from balancing to keeping the plates in motion. Additionally, there are free workshops such as the Chinese Ink Painting, Bamboo Pinwheel Making and Bamboo Windchimes Making, where visitors can try their hand at crafting these traditional items.

Media OutReach

Gaw Capital Partners Announces Strategic Investment in NPX Point Avenue

HANOI, VIETNAM – Media OutReach Newswire – 3 March 2025 – Private equity firm Gaw Capital Partners today announces a strategic investment, through a fund under its management, in NPX Point Avenue, a leading K-12 education group providing innovative and high-quality educational solutions in Hanoi, Vietnam. This move aligns with Gaw Capital Education Platform’s long-term vision, supported by notable projects across Asia under the same platform. The decision to invest in True North International School (TNIS) and Point Avenue, both under the umbrella of the NPX Point Avenue group, extends beyond Gaw Capital’s confidence in the group’s business alone, encompassing the broader landscape of educational development in the Vietnam market. TNIS is one of the most innovative and entrepreneurial K-12 schools in Vietnam with a focus on its 4 Pillars of Excellence: Character, Fitness & Wellness, Academic Rigor, and Global Citizenry, creating an active lifestyle for students centered around healthy choices. TNIS received the Western Association of Schools and Colleges (WASC) accreditation for a six-year term, a STEM.org accreditation, and is one of the few schools offering over 15 Advanced Placement (AP) courses while serving as a SAT and AP testing center in the heart of Ha Dong District of Hanoi. TNIS has state-of-the-art facilities: grass football pitch, indoor heated swimming pool, indoor gym, makerspaces, multifunctional spaces, and 50 classrooms with a total capacity of 1,000 students from Grades K-12. The TNIS guiding principles are its 3C’s: Children First, Culture Always, Community Forever. Complemented by Point Avenue’s innovative learning methodologies and career preparedness programs, students in NPX Point Avenue benefit from a well-rounded education that equips them with a competitive edge, ensuring their preparedness for the dynamic future ahead. Herbin Koh, Head of Growth Equity Platform at Gaw Capital Partners, said, “This strategic investment symbolizes Gaw Capital’s continuous commitment to make responsible investments that generate positive impact to the wider society while balancing our financial interests. We are excited to continue to support NPX Point Avenue group’s mission to provide quality K-12 education to the next generation of future leaders in Vietnam and beyond.” Danny Hwang, Founder and CEO of NPX Point Avenue, added, “We are thrilled to have Gaw Capital as our majority shareholder and receive their strong endorsement. With robust backing from Gaw Capital, a leading private equity firm focused in Asia, NPX Point Avenue is empowered to deliver elite and comprehensive education, ensuring a solid foundation for students’ academic and professional success.” Gaw Capital, through its Education Platform, has invested in initiatives such as an early childhood education group in Singapore and, Stellart International School of Arts, an international arts school in Southern China. All these ventures demonstrate the firm’s dedication to investing in ways that create positive impact while upholding our financial objectives. Hashtag: #GawCapitalPartners The issuer is solely responsible for the content of this announcement. About Gaw Capital Partners Gaw Capital Partners is a uniquely positioned private equity fund management company focusing on real estate markets in Asia Pacific and other high barrier-to-entry markets globally. Specializing in adding strategic value to under-utilized real estate through redesign and re-positioning, the firm’s investments span the entire spectrum of real estate sectors, including residential development, commercial offices, retail malls, hospitality, logistics warehouses and IDC projects. Since its inception in 2005, Gaw Capital has raised seven commingled funds targeting Asia Pacific regions. The firm also manages value-add/opportunistic funds in the US, a Pan-Asia hospitality fund, a European Hospitality Fund, a Growth Equity Fund, and it also provides services for credit investments and separate account direct investments globally. Gaw Capital has raised equity of US$22.9 billion since 2005 and commanded assets of US$35.8 billion under management as of Q3 2024. About NPX Point Avenue NPX Point Avenue is a private K-12 education platform primarily operating in Vietnam. The company’s core business is the operation of private K-12 international bilingual schools under the True North International School (TNIS) brand. The company’s secondary business is operation of K-12 after school centers focused on English enrichment, debate and public speaking, test preparation, admissions consulting, and leadership camps under the Point Avenue brand. The company is led by a highly experienced Senior Management Team, including Danny Hwang, Founder and CEO; Tammy Bui, Co-Founder and CFO/CSO; Michael Lambert, Co-Founder and Head of School. Together, they bring a diverse range of expertise in K-12 education and professional services, driving NPX Point Avenue’s mission to deliver exceptional educational outcomes for the next generation of leaders.

Media OutReach

Asian Electronics Online Exhibition 2025 Kicks Off – Unlock Cutting-Edge Innovations & Global Trade Opportunities

TAIPEI, TAIWAN – Media OutReach Newswire – 3 March 2025 – The Asian Electronics Online Exhibition 2025 (ASIANTRONICS 2025) is set to redefine global sourcing and collaboration in the electronics sector. Running from March 3, 2025, to June 30, 2025, this hybrid event seamlessly integrates virtual and physical elements, providing an unparalleled platform for buyers to connect with top-tier Asian suppliers, manufacturers, and exporters. Jointly organized by AsianNet and TradeAsia (www.e-tradeasia.com/), the event has been successfully held since 2022, delivering impressive results in both participation and quality. For 2025, we are expanding the scope of the exhibition, with a four-month extension that strategically aligns with major industry events such as MWC Barcelona (Mobile World Congress, MWC), IPC APEX EXPO, electronica China, PCIM Europe, and the (DAC) Design Automation Conference. This extended timeline offers international buyers the convenience of attending multiple key events in one seamless purchasing experience, while creating greater momentum for exhibitors and enhancing global networking opportunities. This year’s event will feature an impressive lineup of renowned Taiwanese suppliers, including AIRWAVE TECHNOLOGIES, GOOD OPPORTUNITY ELECTRONIC, UNILONGENTERPRISECO, HOW DER ELECTRONIC, THUNDER COMPONENTS, ARIOSE ELECTRONICS, ESMT, YNG YUH ELECTRONIC, CHIEN SHERN ENTERPRISE, ET&T TECHNOLOGY, BIPOLAR ELECTRONIC, CLEVER INTELLIGENCE, LEGEND LIFESTYLE, and FORTRON INDUSTRIAL. These industry leaders will showcase thousands of cutting-edge electronics products, covering a diverse range of categories such as Active Components, Connectors & Terminals, Consumer Electronic Accessories & Parts, Electromechanical Components, Electronic Production Machinery, Optoelectronic Displays, Wireless & IoT Solutions, Automotive Electronics, Batteries, Chargers, Transformers, and more. Buyers can expect comprehensive, engaging, and highly specialized exhibition experience tailored to their procurement needs. In response to the evolving landscape of international trade, ASIANTRONICS 2025 offers an array of virtual solutions to ensure accessibility and global reach. These include dedicated exhibitor pages, electronic catalogs, and virtual exhibition halls—all seamlessly integrated with TradeAsia. Buyers can explore products, initiate inquiries, and engage in procurement discussions in real time, eliminating geographical barriers and travel constraints. With its extended duration and comprehensive platform, ASIANTRONICS 2025 is poised to be the most influential event for the electronics products industry in Asia. Don’t miss this opportunity to connect with leading suppliers and explore the latest innovations. Visit the Online Exhibition Now: https://www.etradeasia.com/online-show/38/Asian-Electronics-Online-Exhibition-2025.html Founded in 1997, TradeAsia (www.e-tradeasia.com) is a premier B2B international trade platform, serving as a vital link between global buyers and suppliers. With millions of registered members, over 600,000 suppliers, and a vast catalog of products, TradeAsia is a trusted resource for businesses seeking to expand their international presence. By fostering collaborations with hundreds of trading entities worldwide, TradeAsia amplifies visibility and marketing impact for its members, providing a competitive edge in the global market.Hashtag: #TradeAsia The issuer is solely responsible for the content of this announcement.

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