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Bitcoin is now a ‘safe-haven coin’ of the crypto market, Octa broker says

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 May 2025 – According to Coinbase’s April 2025 Monthly Outlook, the total crypto market capitalisation (excluding Bitcoin) has fallen by 41% from $1.6 trillion in December 2024 to $950 billion in early April 2025. This was the sharpest decline in over two years, pulling valuations below levels seen throughout most of the 2021–2022 cycle. However, the sell-off was far from uniform. While Bitcoin has shed less than 20% at the beginning of April, altcoins have experienced a 41% wipeout, underscoring a distinct capital flight towards more established digital assets. Most recently, Bitcoin has managed to recover and even set a new all-time high, surpassing the critical $110,000 mark on 21 May. At the same time, other crypto majors—notably, Ethereum and XRP—continue to trade substantially below their recent peaks (see the chart below). As capital retreated from riskier altcoins, investor sentiment has soured, prompting Coinbase to warn of an emerging ‘crypto winter’ scenario. Global broker Octa, active in digital asset transactions, sees this as a decisive phase of risk reallocation, with traders seeking clarity before any meaningful return to risk. Major crypto coins’ performance in 2025 Source: Octa Broker Several stress points are converging: Venture capital (VC) funding, though up from Q4 2024, remains 50–60% below 2021–22 levels. Liquidity conditions are tightening, particularly for smaller projects. Macro headwinds—including rising global tariffs and macroeconomic uncertainty—have paralysed risk appetite. More speculative corners of the market, such as tokens used for Decentralized Physical Infrastructure Networks (DePINs), memecoins and coins used for Artificial Intelligence (AI) agents, have been hardest hit. Their underperformance highlights growing investor caution. Kar Yong Ang, a financial market analyst at Octa broker, explains: ‘As of right now, the market clearly sees more value in Bitcoin vs the rest of the crypto universe. The global macroeconomic situation is highly unstable, with tariffs drama still unfolding and rising protectionism potentially threatening the U.S. dollar’s reserve currency status. As a result, investors’ capital has migrated from high-risk crypto space like alt-coins into relatively low-risk Bitcoin. In fact, Bitcoin has become a sort of “safe-haven coin” of the crypto market’. Indeed, broader financial markets have become increasingly concerned about the deteriorating U.S. twin deficits (fiscal and trade), both of which are on an unsustainable trajectory. The yields on the U.S. 20-year government bonds rose above 5.15% on 22 May, almost a two-year high, while the U.S. Dollar Index (DXY) dropped below the critical 100 mark, reflecting eroding confidence in the USD’s safe-haven status. Furthermore, ratings agency Moody’s downgraded the U.S. sovereign rating, one notch down from ‘Aaa’ to ‘Aa1’ due to concerns about the nation’s growing debt. Concurrently, most cryptocurrencies continue to act as high-beta proxies for global sentiment, and in today’s global macroeconomic environment, that sensitivity is proving to be a significant headwind. Tariff disputes between the U.S. and China, macroeconomic uncertainty, and declining equity market performance are all contributing to a reduction in overall risk appetite, thereby negatively impacting most cryptocurrencies. However, Bitcoin appears to be a major exception in this regard. Kar Yong Ang explains: ‘At first, the BTC rally appeared to be highly speculative: the market had positively reacted to Trump’s softer stance towards the Federal Reserve (Fed) Chairman and U.S.-China trade deal. Later, however, Bitcoin became the only major crypto coin to set a new all-time high. It suggests a continuing flight to perceived safety within the crypto universe, while alt-coin flows remain diminished’. Still, the ongoing macroeconomic uncertainty and potential failure of the U.S. to resolve its trade tensions with China and the European Union (EU) could act as an immediate catalyst, potentially triggering a renewed bearish phase for Bitcoin. Just recently, U.S. President Donald Trump’s threat to impose 50% tariffs on the EU triggered a classical risk-off move—a sell-off in BTCUSD and a rally in XAUUSD. Traders and long-term investors should keep a close eye on: the total market cap, excluding BTC fluctuations in VC funding headlines impacting regulatory frameworks in the U.S., EU, and Southeast Asia any news related to the ongoing trade disputes and the possibility of trade negotiations. Tactical patience will be essential this summer. Rushing in to buy Bitcoin now may be unwise, but carefully buying the dips is more reasonable. Key levels to watch are 105,000, 98,000, 94,000, 89,000, and 84,000. ___ Disclaimer: This content is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to engage in any investment activity. It does not take into account your investment objectives, financial situation, or individual needs. Any action you take based on this content is at your sole discretion and risk. Octa and its affiliates accept no liability for any losses or consequences resulting from reliance on this material. Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision. Past performance is not a reliable indicator of future results. Availability of products and services may vary by jurisdiction. Please ensure compliance with your local laws before accessing them. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities. In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

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CDNetworks’ State of WAAP Report Reveals 887.4 Billion Web App and API Attacks in 2024, a 21.4% YoY increase

SINGAPORE – Media OutReach Newswire – 28 May 2025 – CDNetworks, the APAC-leading network to deliver edge as a service, today released its latest State of Web Application and API Protection (WAAP) Report. The report shows that CDNetworks’ security platform intercepted 887.4 billion web attacks targeting applications and APIs in 2024, marking a 21.4% increase compared to the previous year. The report also highlights a rise in both the intensity and sophistication of attacks, fueled by the rapid adoption of AI automation tools. In 2024, terabit-level DDoS attacks increased nearly tenfold, with 86% lasting more than 10 minutes. At the same time, CDNetworks’ AI-powered defenses blocked 114.7% more malicious bot traffic compared to 2023. These trends point to a more challenging threat landscape, where attacks are easier to launch and increasingly difficult to defend against. Other key findings of the report include: Gaming platforms remained top DDoS targets; e-commerce bot attacks increased by 46.2%. 78% of API attacks occurred post-authentication, revealing a significant security gap. Web exploit attacks surged by 35.01%, with HTTP protocol violations identified as a primary attack vector. AI-powered defense has become essential against evolving threats (e.g., low-and-slow DDoS, AI-driven bot attacks). The State of WAAP Report 2024 also provides strategic recommendations to help organizations strengthen their security posture and prepare for future security challenges. “The landscape of web application and API attacks is shifting dramatically due to increased automation and complexity,” said Antony Li, Global Head of Infrastructure at CDNetworks. “Our report uncovers these emerging challenges and highlights why intelligent, AI-powered defenses are no longer optional but essential.” Access the Full Report The State of WAAP Report 2024 is a valuable resource for organizations to stay ahead of today’s increasingly complex cybersecurity landscape. Download the full report. Hashtag: #CDNetworks #WAAP #Security #Report https://www.cdnetworks.com/https://www.linkedin.com/company/cdnetworks/https://twitter.com/cdnetworkshttps://www.facebook.com/CDNetworks-156678131058653/ The issuer is solely responsible for the content of this announcement. CDNetworks Co. Ltd As the APAC-leading network with over 2,800 global PoPs and more than 20 years of technology experience, CDNetworks delivers the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, and more — all designed to spur business innovation. To learn more, visit cdnetworks.com and follow us on LinkedIn.

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AEON Bank One-derful Anniversary

Rewards Customers with 8x AEON Points, Real Cashback, Grand Prizes and Neko Missions Gamification KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 May 2025 – AEON Bank, Malaysia’s pioneer Islamic digital bank, commemorates its first anniversary on 26 May. In conjunction with this milestone, the bank extends its appreciation to its valued customers throughout Malaysia. Within a single year of operation, AEON Bank has garnered recognition as a preferred daily digital banking solution among Malaysians, who consistently utilize its intuitive mobile application and Debit Card-i for digital payments and online transactions. “In this digital landscape, consumers increasingly seek banking products and services characterised by accessibility, security and seamless integration with their lifestyles. Since our official commencement of operations one year ago, the AEON Bank team has been diligently working to simplify banking for a broad spectrum of Malaysians. In our commitment to evolve in tandem with the needs of Malaysians, we have continuously refined our offerings to better serve their banking requirements. It is our conviction that digital banking should be inherently user-friendly and inclusive, ensuring that all individuals can participate in the robust digital economy without experiencing alienation. This one-year milestone holds profound significance for our institution, serving as a testament to the trust that our clientele has placed in AEON Bank. I extend my sincere gratitude to our current customers and a warm welcome to those who are newly joining us,” said YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz, CEO of AEON Bank. Accelerating Malaysia’s Digital Economy AEON Bank’s digital banking headway also reflects its contribution towards the development of the national digital economy. By offering an inclusive, Shariah compliant digital banking services, AEON Bank is also playing an active role in spurring the development of Malaysia’s fintech industry. On top of that, it is committed to foster a more inclusive financial future for all, including the unbanked and the underserved. Join the Celebration with AEON Bank One-derful Anniversary Show For this one-derful anniversary, AEON Bank is inviting everyone to celebrate together by tuning in to the ‘AEON Bank One-derful Anniversary Show‘ via AEON Bank’s official YouTube page. Customers can redeem special giveaways as part of the Anniversary Neko Missions and win amazing Positively Pink Grand Prizes. Besides that, 7 winning customers also stand a chance to win fantastic prizes by participating in the AEON Bank One-derful Giveaway. Customers just need to use AEON Bank Debit Card-i when making a purchase of at least RM50 on groceries at any grocery outlets, follow AEON Bank Instagram page @aeonbankmy and DM their particulars and receipt screenshot; terms and conditions apply. One of a Kind Grocery Card with Real Cashback Reward To mark this meaningful milestone, AEON Bank is introducing a Limited Edition Anniversary AEON Bank Debit Card-i that coincides with its Grocery Rewards Campaign, held from 26 May until 31 December 2025. Uniquely different compared to any other debit card, AEON Bank Debit Card-i x Grocery Rewards Campaign unlocks a minimum 4% cashback, with no minimum spend for customers who purchase their groceries at any grocery store nationwide, terms and conditions apply. Earn 8x + 1x = 9x AEON Points for grocery purchases made using AEON Bank Debit Card-i at AEON Supermarket, AEON BiG and Max Valu, applicable upon scanning the membership code from the AEON Bank app Earn 8x AEON Points for grocery purchases made using AEON Bank Debit Card-i Every Ringgit spent using the AEON Bank Debit Card-i will be rewarded with AEON Points which translates into real cashback. The accumulated AEON Points can be redeemed into cash value that will be deposited safely into your own Savings Account-i. “Digital banks are catalysing Malaysia’s banking and fintech sector — accelerating the adoption of digital payments and cashless transactions and bringing us closer to becoming a truly cashless society. As PayNet congratulates AEON Bank on their first anniversary, we remain committed to strengthening our strategic partnership by enabling innovative services, bridging the digital divide and expanding a more inclusive fintech ecosystem that’s accessible to everyone, from all walks of life,” said PayNet’s Commercial Division Senior Director, Azrul Fakhzan Mainor. Meanwhile, the sparkly new design of the limited edition Anniversary AEON Bank Debit Card-i would be available soon. Manage Your Finances with Personal Financing-i and Term Deposit-i Realising that many Malaysians struggle in managing their financial needs, while others would like to optimise their fund to reach a financial target, AEON Bank has developed two Personal Banking products for its customers – Personal Financing-i and Term Deposit-i. Personal Financing-i (PF-i) can be a much needed support for those that wish to close the cash flow gap. For example, a customer named Sofia will be receiving her bonus next month, but the deposit for her kitchen renovation needs to be paid within this week. After careful consideration, she opted to apply for the Personal Financing-i, as it offers a collateral free, Shariah Compliant financing facility of up to RM50,000, with flexible repayment tenure ranging between 3 to 48 months. She is also keen on the fully online application process for PF-i which can be done via the AEON Bank mobile app, without the hassle of physical paperwork or going to a bank counter. Meanwhile, for customers that would like to substantially grow their savings, Term Deposit-i (TD-i) makes it possible to earn profit on their deposits over a fixed term of various tenure options, with up to 3.08% profit rate p.a. Stay on Track with Your Financial Goals Through AEON Bank’s Savings Pot Budget-minded customers know that they should be putting money aside for emergencies and future financial aspirations. It could also be intended for their dream home and year end vacation. AEON Bank’s Savings Pot makes it easy to stay on track, while earning rewarding profits. Customers just create a Savings Pot, then transfer any amount from your Savings Account-i to the Savings Pot and easily earn 3.00% p.a. profit rate, with the flexibility to deposit more or withdraw the fund anytime via the app itself.

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Oi Wah Achieves Net Profit of 55.9 million with Improved Net Interest Margin in FY2025

Demonstrating Financial Stability, Proposed Final Dividend of HK$0.81 cents per share, Exploring Overseas Market to Diversify Income Source HONG KONG SAR – Media OutReach Newswire – 27 May 2025 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) announced its annual results and its financial position. For the year ended 28 February 2025 (“FY2025”), the Group recorded revenue of approximately HK$164.3 million and profit attributable to shareholders of the Company of approximately HK$55.9 million. During the year, net interest margin slightly improved to 16.5%. Leveraging the strategic partnership fund established in collaboration with PACM Group (Holdings) Limited (“PACM Group”), the Group is committed to proactively expanding its presence in overseas markets, diversifying its business revenue streams, while effectively mitigating risks from geographical market volatility. For the year ended 28 February 2025, the cash and cash equivalents (net of bank overdraft) amounted to approximately HK$215.7 million, representing a net increase of approximately HK$45.1 million compared to 29 February 2024. The net assets increased to approximately HK$1,108.0 million. Meanwhile, the gearing ratio decreased from 7.7% to 4.3%, reflecting the Group maintained a healthy financial position during FY2025. During the year, the earnings per share was HK 2.9 cents. The Board of Directors recommends a final dividend of HK 0.81 cents. Business Review Mortgage loan business In FY2025, the Group recorded interest income of the mortgage loan business of approximately HK$77.0 million. The amount of gross mortgage loan receivables was approximately HK$670.7 million as at 28 February 2025. During the year, net interest margin of the mortgage loan business is about 10.3%. During FY2025, the Group has maintained a prudent approach when granting loans, underpinned by a focus on building a resilient loan portfolio amid the uncertain environment brought about by the pandemic. We are of the view that maintaining a cautious underwriting stance and healthy loan portfolio will position the Group well for the economic recovery and eventual normalization ahead. During FY2025, the average loan-to-value ratio for first mortgage was approximately 58.2%, while average overall loan-to-value ratio for subordinate mortgage was approximately 52.8%, of which, average loan-to-value ratio of subordinate mortgage that the Group participate in was approximately 15.7%. Pawn Loan Business During FY2025, the revenue from the pawn loan business increased by 9.7% to approximately HK$87.3 million, which accounted for approximately 53.1% of the Group’s total revenue. The interest income of the pawn loan receivables increased by approximately 4.5% to approximately HK$76.2 million, which was mainly attributed to the increase in gold price and an active second-hand luxury market, especially for luxury watches. During FY2025, the Group continued to channel resources to advertising and promotion to enhance the Group’s brand exposure. Such effort has generated demand for one-to-one pawn loan appointment services for pawn loans exceeding HK$0.1 million. Prospects Looking ahead, the global economy is anticipated to continue its moderate recovery, while macroeconomic policy uncertainties are expected to persist. The Directors believe that the Hong Kong property market will experience cautious trajectory. To inject impetus into the profit growth, the Group strategically partnered with PACM Group to establish a fund which marked our entry into the real estate private credit institutional investment management sector. We will proactively explore expansion opportunities in developed markets and maintain prudent investment oversight to mitigate market risks and maximize returns for investors and shareholders. In order to further enhance customer experience and maintain robust operational profitability, the Group will continue to review strategic shop locations and explore potential acquisition opportunities within the established pawn businesses. These initiatives aim to strengthen our market-leading position and ensure sustainable long-term growth amid evolving industry dynamics. Mr. Edward Chan, Chairman and CEO of the Company, said, “Along with the ongoing tensions in US-China trade relations, the global economy is confronted with heightened uncertainties, exerting additional pressure on economic rebound. Consequently, the Hong Kong property market outlook remains challenging. The Group remains steadfast in its commitment to seeking strategic breakthroughs amidst these adverse circumstances. In addition to focusing on the local market, we are proactively exploring overseas market development opportunities through our strategic partnership fund with PACM Group. We are committed to diversify our revenue streams and expand our customer base, with a dedicated effort to generate enhanced long-term value and returns for our shareholders.” Hashtag: #OiWah #靄華 #AnnualResults #全年業績 The issuer is solely responsible for the content of this announcement. Oi Wah Pawnshop Credit Holdings Limited Oi Wah is a financing service provider in Hong Kong, mainly providing short-term secured financing, including pawn loans and mortgage loans. The Group established its first pawnshop in 1975 and currently owns 10 pawnshops and one premium service center in various locations in Hong Kong. Oi Wah diversified into mortgage loan business in 2009. The Group is the first local pawn shop which successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 12 March 2013.

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Intrepid Metals Intercepts 27.50% Copper, 10.15 gpt Gold, and 192 gpt Silver Over 0.55m in First Drill Hole of 2025 at Corral Copper

Vancouver, British Columbia – Newsfile Corp. – May 27, 2025 – Intrepid Metals Corp. (TSXV: INTR) (OTCQB: IMTCF) (“Intrepid” or the “Company”) is pleased to announce results from the first diamond drill hole of its 2025 exploration program at the Company’s Corral Copper Property (“Corral” or the “Property“) in Cochise County, Arizona. To date, four drill holes have been completed at the Ringo Zone and assay results have been received from one of the four drill holes. Highlights from Hole CC25_026: – 142.30 meters (“m”) of 0.51% Copper (“Cu”), 0.17 grams per ton (“gpt”) Gold (“Au”) and 4.01 gpt Silver (“Ag”) (0.69% Copper Equivalent (“CuEq”)1) including, 84.90m of 0.79% Cu, 0.26 gpt Au and 6.18 gpt Ag (1.06% CuEq1) and 17.65m of 2.72% Cu, 0.58 gpt Au and 18.16 gpt Ag (3.30% CuEq1) and 5.45m of 4.91% Cu, 1.25 gpt Au and 31.74 gpt Ag (6.09% CuEq1) and 3.70m of 6.43% Cu, 1.78 gpt Au and 40.62 gpt Ag (8.07%CuEq1) and 0.55m of 27.50% Cu, 10.15 gpt Au and 192 gpt Ag (36.54 CuEq1). “We’re very pleased with the strong start to our 2025 drill program, building on the exceptional results we achieved at Corral last year,” said Ken Engquist, CEO of Intrepid. “The initial hole at the Ringo Zone continues to highlight the scale and continuity of copper mineralization across the property, and we look forward to sharing more results in the coming weeks. With drilling soon moving to the Holliday and Earp Zones, we’re excited to advance what we believe is one of the most compelling emerging copper projects in the Southwest, continuing to deliver value to our shareholders.” Table 1: Drill Intercepts for the Ringo Zone1 CC25_026 COMPOSITE INTERCEPTS1 DRILL HOLE DETAILS ANALYZED GRADE DILUTED METAL EQUIVALENT HOLE FROM TO LENGTH COPPER GOLD SILVER ZINC CUEQ AUEQ CUEQ AUEQ ID (m) (m) (m) (%) (ppm) (ppm) (%) (%) (g/t) (%) (g/t) RINGO ZONE CC25_026 56.70 199.00 142.30 0.51 0.17 4.01 0.06 0.69 0.95 0.58 0.80 Incl. 114.10 199.00 84.90 0.79 0.26 6.18 0.08 1.06 1.45 0.88 1.21 And 180.00 197.65 17.65 2.72 0.58 18.16 0.02 3.30 4.53 2.78 3.81 And 192.20 197.65 5.45 4.91 1.25 31.74 0.02 6.09 8.35 5.12 7.02 And 193.95 197.65 3.70 6.43 1.78 40.62 0.02 8.07 11.07 6.78 9.30 And 197.10 197.65 0.55 27.50 10.15 192.00 0.07 36.54 50.12 30.61 41.98 Photos 1 & 2: High-grade replacement style massive sulphide mineralization intercepted in CC24-026 consisting of massive pyrite and chalcopyrite hosted in the favourable Abrigo Formation. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6187/253415_e18461b2547a4b2a_001full.jpg 2025 Corral Copper Diamond Drill Program Intrepid has completed 4 holes (assays pending) totaling 1005 meters in the Ringo Zone. The objective of the 2024 drilling is to increase confidence in the intensity of mineralization, location and lithological and structural controls in historical drilling for the Ringo, Holliday and Earp Zones. Economic Geology of Corral Precious and base metal mineralization at Corral is concentrated in structurally controlled northeast dipping siliciclastic and carbonate sedimentary rocks including (oldest to youngest) Cambrian Bolsa Quartzite, upper-Cambrian Abrigo Limestone, Devonian Martín limestone and Mississippian Escabrosa limestone and in Jurassic aged intrusions. The most intense mineralization occurs in the Abrigo Limestone (main host) and Bolsa Quartzite, which are intruded locally by a series of Jurassic (and possibly younger) mineralized intrusions including the Star Hill, Copper Bell and Sniveler porphyries, quartz latite sills, and cross-cutting mineralized breccia bodies. The Corral Copper Property includes the Holliday, Earp and Ringo Zones (northwest to southeast), which are related zones of discontinuously outcropping, locally high grade CRD, skarn and distal porphyry related mineralization and associated supergene enrichment that formed in the distal porphyry copper geological environment. A significant component of Intrepid’s discovery strategy at Corral is to leverage distal alteration and mineralization to vector toward one or more mineralized porphyry copper centers (see News Release dated April 15, 2025). The Ringo Zone is located at the southern end of a 3.5km long string of copper-gold-silver-zinc bearing carbonate replacement bodies (Figure 1). The Ringo Zone measures approximately 900m (northwest to southeast) by 800m (southwest to northeast) and contains favorable Abrigo Limestone (and Bolsa Formation), pre-mineral intrusions, alteration and copper-gold-silver-zinc replacement style mineralization and secondary enriched copper oxide zones that are locally high-grade. Figure 1: Drill plan map from the Ringo Zone at the Corral Copper Project2 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6187/253415_e18461b2547a4b2a_002full.jpg Technical Information All scientific and technical information in this news release has been prepared by, or approved by Daniel MacNeil, P.Geo. Mr. MacNeil is a Technical Advisor to the Company and is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. MacNeil has verified the drilling data disclosed in this news release, including the assay and test data underlying the information or opinions contained in this news release. Mr. MacNeil verified the data disclosed (or underlying the information disclosed) in this news release by reviewing imported and sorted assay data; checking the performance of blank samples and certified reference materials; reviewing the variance in field duplicate results; and reviewing grade calculation formulas. Mr. MacNeil detected no significant QA/QC issues during review of the data and is not aware of any sampling, recovery or other factors that could materially affect the accuracy or reliability of the drilling data referred to in this news release. Table 2: Drill Hole Location Information for Hole CC24-026 HOLE EASTING NORTHING ELEVATION AZIMUTH INCLINATION DEPTH ZONE ID (m) (m) (m) (°) (°) (m) NAME CC25-026 613242 3513909 1422 0 -65 234.40 RINGO Quality Assurance and Quality Control Drill core was first reviewed by a geologist, who identified and marked intervals for sampling. The marked sample intervals were then cut in half with a diamond saw; half of the core was left in the core box and the other half was removed, placed in plastic bags, sealed and labeled. Intervals and unique sample numbers are recorded on the drill logs and the samples are sequenced with standards and

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Hong Kong at Maritime Crossroads: New Studies Reveal Unprecedented Opportunity for Kickstarting the Blue Economy

HONG KONG SAR – Media OutReach Newswire – 27 May 2025 – In a rare convergence of economic and environmental expertise, three landmark studies released today by ADM Capital Foundation, HKUST and WWF-Hong Kong, presenting a transformative vision—Hong Kong can reinvent itself as Asia’s premier blue economy hub. The reports—Port 1.0 to Port 2.0 (HKUST), Blue Finance for a Blue Economy (ADMCF), and Valuing the Invaluable Blue (WWF-Hong Kong)—all agree that the city has a unique opportunity in this moment, wherein: Global shipping reforms are creating openings for blue finance leadership Port redevelopments can integrate ecological and economic value Marine ecosystems, long undervalued, are essential to regional prosperity and resilience Global shipping reforms – IMOs net zero emission and carbon pricing mandate will force fleet upgrades, fuel transitions and new financial risks. In parallel, the UN has announced an ambitious biodiversity framework to be achieved by 2030. Hong Kong, itself, is striving to re-assert itself as a maritime powerhouse. This alignment, the authors propose, creates an unprecedented opportunity to transform the city into Asia’s sustainable blue economy leader. At the heart of this transformation lies ‘Port 2.0’ – a visionary reimagining of Hong Kong’s waters as a multifunctional interface that connects sea, land, city, technology and people, and serve as platforms for innovation, environmental stewardship and civic life. “What makes this moment truly extraordinary is how these elements intersect with Hong Kong’s unique advantages. Our world-class financial ecosystem can mobilise the billions needed for maritime decarbonisation. Our strategic location positions us as the natural hub for green shipping business in Asia. And our existing port infrastructure provides the ideal testing ground for innovative solutions.” said Christine Loh, Chief Development Strategist, Institute for the Environment at HKUST and author of the paper “From Port 1.0 to Port 2.0: Hong Kong’s Next Leap to Evolving a Blue Economy Vision”. Hong Kong’s status as the world’s third-largest capital hub gives it unmatched potential to pioneer blue finance. As ADMCF’s Blue Finance report highlights, instruments such as blue bonds can mobilise capital to facilitate port decarbonisation, sustainable aquaculture and marine eco-tourism—transforming the city into Asia’s premier blue economy hub, aligning marine protection with economic prosperity. In 2023 there was a surge in blue bonds followed by continued growth in 2024, and Asia was the largest issuing region—led by China. “If Hong Kong were to issue blue bonds, this would not only signal the city’s commitment to improving its status as a leading international maritime hub but also accelerate the growth of blue finance, ensuring a future where economic prosperity and marine resilience go hand in hand,” said Kate Martin, the report’s lead author and sustainable finance consultant with ADMCF. This untapped potential aligns with the groundbreaking research in Valuing the Invaluable Blue. The WWF-commissioned study by the Chinese Academy of Sciences has, for the first time, quantified the staggering monetary value of the Greater Bay Area’s coastal ecosystems—revealing a Gross Ecosystem Product (GEP) worth RMB 4.9 trillion, equivalent to over 35% of the GBA’s GDP, with 73% contributed by marine ecosystems. “This valuation demonstrates our marine ecosystems’ critical, yet often overlooked, economic contributions,” said Lydia Pang, Head of Oceans Conservation at WWF-Hong Kong. “From climate regulation to disaster mitigation, these natural systems provide services worth over one-third of our regional GDP – services that should be factored into development decisions and anchor blue economy planning,” she said. “What’s more, our study shows that Hong Kong is uniquely positioned to adopt this ecosystem accounting framework. With strong data foundations, policy alignment, and technical readiness, we can localise and institutionalise marine GEP accounting to guide planning, investment, and conservation.” The authors’ combined focus on a blue economy vision integrates port development with marine conservation, biodiversity, climate resilience, recreation and the responsible use of ocean resources. It builds on China’s decades of marine policy leadership, where comprehensive frameworks – from ocean GEP systems to blue finance instruments – have laid the foundation for sustainable maritime development. “The window to developing a sustainable blue economy and to establish ourselves as the global leader in sustainable maritime commerce is open now, but won’t remain so indefinitely.” Said Sophie le Clue, CEO at ADMCF. “The question isn’t whether we can seize this opportunity, but whether we will.” Hashtag: #ADMCapitalFoundation The issuer is solely responsible for the content of this announcement.

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Lazada Commits US$100 Million to Enhance LazAffiliate Programme and Power Creator Commerce

Investment aims to deepen brand–creator partnerships and boost performance-driven marketing for brands and sellers in Southeast Asia New features include new affiliate channel, custom storefronts, and performance dashboards Affiliates can unlock higher commissions and gain strategic support ahead of mega campaigns such as 6.6 and 11.11 KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 May 2025 – Lazada, a leading eCommerce platform, today announced an annual investment of US$100 million in the Lazada Affiliate Programme (“LazAffiliate Programme”). Unveiled at the Lazada Affiliates Southeast Asia Awards 2025 held at the W Hotel Bangkok, the strategic investment will fuel elevated commission frameworks, performance-based incentives, and enablement features, empowering affiliates to usher in a new era of creator-driven commerce across Southeast Asia. Empowering creators through a new and improved LazAffiliate Programme The enhanced LazAffiliate Programme introduces an industry-leading incentive structure and a new suite of advanced features tailored to empower affiliates – from established influencers and creators to emerging micro-influencers and everyday shoppers – to maximise monetisation on their platforms and amplify their impact. The key enhancements and new features include: Affiliate Channel Upgrade: The refreshed affiliate channel features a more user-friendly interface which makes product selection experience more seamless and efficient. High-Commission Product Curation: A dedicated list of top-converting, high-commission products allow affiliates to prioritise what sells best. Performance Dashboard: A new dashboard offers insights into traffic metrics and link performance, including conversion rates, unique visitors, and commissions, to enable smarter content strategies for higher earnings. Custom Storefronts: Affiliates can now personalise their digital storefronts to feature recommended products, for streamlined follower discovery and purchasing. Campaign Rewards Accelerators: During major online shopping festivals like 9.9, 11.11, and 12.12, affiliates will have access to special bonuses, higher commissions, and gamified challenges to boost seasonal earnings. Driving cost-effective growth for brands and sellers To increase earnings for affiliates, Lazada is partnering with top brands and sellers to deliver performance-driven and cost-efficient marketing strategies. These partnerships will see Lazada co-investing through: Lazada-funded store vouchers: In addition to affiliate rewards to incentivise consumer purchases. Multi-tier creator ecosystem: A cultivated network of influencers, content creators, and key opinion consumers (KOCs) to amplify product visibility and improve product discovery. The result is a performance-based framework where brands and sellers invest only for actual conversions – transforming creator collaborations into measurable, sustainable, and scalable revenue channels. What’s next: 6.6 Mega Sale and beyond This upcoming 6.6.’s campaign rewards accelerator will include up to 36% commission for affiliates who promote brand partners via store vouchers. Over 80 fashion and beauty brands have partnered with Lazada to co-fund affiliate rewards and incentives. In addition, a total of US$100,000 in rewards will be issued to top-performing regional affiliates. Going forward, top affiliates can enjoy extra bonuses and rewards based on their performance during sale campaigns. “Lazada is committed to enabling influencers and content creators across Southeast Asia to unlock new income streams and scale their impact,” said Jared Chan, Head of Regional Affiliate, Lazada Group. “With this investment, we aim to cultivate a vibrant affiliate ecosystem that not only supports entrepreneurial growth but also builds more authentic, localised connections between brands and consumers.” Over 20 affiliate partners from Malaysia attended the Lazada Affiliates Southeast Asia Awards 2025, where they were recognised for their exceptional efforts in driving sales conversions for the marketplace. Top performers were awarded cash prizes and trophies, receiving accolades such as “Affiliate of the Year 2024”. Representing Involve Asia, which received the Affiliate of the Year 2024 award, Natasya Ramlies – Vice President of Commercial said: “We’re proud to be recognised as one of the top-performing affiliates in Malaysia. It has been an incredible journey since we started, and we’re thrilled to have been part of the Lazada Affiliate ecosystem for over a decade. While the space continues to grow more competitive, we’ve been able to scale and diversify our portfolio thanks to the dedication of our team and the strong partnerships we’ve built with the affiliates in our network. Receiving the Affiliate of the Year 2024 award is a truly meaningful milestone that reflects the effort and collaboration of our affiliates and team members across the board.” LazAffiliate is Lazada’s flagship affiliate programme that connects a growing network of creators—ranging from influencers and content creators to passionate everyday shoppers—with brands and sellers. By driving traffic and conversions through personalised recommendations, affiliates earn commissions for every successful sale with no cap. The LazAffiliate Programme offers a no-barrier entry into creator commerce, with no minimum following required—just share, recommend, and earn. To learn more or join the LazAffiliate community, click here to learn more or follow LazAffiliate’s socials here. Hashtag: #LazadaMY #Lazada https://www.lazada.com.myhttps://x.com/LazadaMYhttps://www.facebook.com/LazadaMalaysiahttps://www.instagram.com/lazada_my/ The issuer is solely responsible for the content of this announcement. About Lazada Group Lazada Group is Southeast Asia’s pioneer eCommerce platform. For the last 13 years, Lazada has been accelerating progress in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam through commerce and technology. Today, a thriving local ecosystem links about 160 million active users to more than one million actively-selling sellers every month, who are transacting safely and securely via trusted payments channels and Lazada Wallet, receiving parcels through a homegrown logistics network that has become the largest in the region.

Media OutReach

Hang Lung Achieves Sustainability Milestone: 80% of Mainland Portfolio Powered by Renewable Energy

Forum 66, Palace 66, and Olympia 66 are the first commercial developments in Liaoning Province to be powered by wind and solar energy HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 27 May 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (the “Company” or “Hang Lung”) announced that the Company has increased its portfolio of renewable energy-powered properties in mainland China from 50% to 80% of its operating properties. The three additional properties—Forum 66 and Palace 66 in Shenyang, and Olympia 66 in Dalian—have transitioned to renewable energy sources since May 1, 2025, and are the first commercial developments in Liaoning Province to achieve this milestone. Forum 66, Palace 66, and Olympia 66 are the first commercial developments in Liaoning Province to adopt green energy “This transaction marks a major step towards realizing Hang Lung’s 2050 net zero goal. With these latest pioneering renewable energy projects in mainland China, we are proud to continue leading this journey,” said Mr. Adriel Chan, Chair of Hang Lung Properties and Chair of the Sustainability Steering Committee. “We will continue to pioneer renewable energy initiatives, support the sustainability targets of our partners, and inspire others to accelerate their decarbonization efforts in line with China’s dual carbon ambitions.” The three properties have secured renewable energy from wind and solar sources through power purchase agreements aligned with China’s green energy policy framework. By the end of 2025, Hang Lung is expected to purchase a total of approximately 320 million kWh of renewable energy across eight properties. This achievement surpasses the Company’s sustainability target of 25% renewable energy for its mainland China portfolio in 2025. Hang Lung’s clear demand signal for renewable energy in multiple cities is helping to accelerate the energy transition, empower tenants to advance their own sustainability commitments with direct access to renewable energy, and foster a greener retail and commercial ecosystem in China. At Forum 66 in Shenyang, the Green Power Purchase Agreement was signed by (from left) Mr. Arthur Wong, Deputy General Manager – Mainland Business Operation of Hang Lung Properties, Mr. John Haffner, Deputy Director – Sustainability of Hang Lung Properties, Mr. Jinzeng Yu, Deputy General Manager of Northeast Region of China Resources Power, and Ms. Airong Yang, General Manager of China Resources (Liaoning) Electric Power Sales Co., Ltd “As a leading luxury hotel, we work to ingrain sustainability in all aspects of our operations,” said Mr. Erich Kaiserseder, General Manager, Conrad Shenyang. “It is great news for us and for our guests that Hang Lung has procured renewable energy for its Liaoning properties, including all the electricity for our hotel in Forum 66.” “Tenants and landlords need to work together to advance common sustainability goals,” said Ms. Xuan Liu, Director, Dacheng Shenyang Law Firm. “We are very happy that our office space at Forum 66 is now powered by green electricity thanks to Hang Lung’s initiative in the market.” Located in Shenyang, capital of Liaoning Province, Forum 66 is a mixed-use development comprising a world-class shopping mall, Grade A office tower and the 5-star Conrad Shenyang on Qingnian Da Jie, also known as the “Golden Corridor”, while Palace 66 caters to young and trendy consumers as an aspirational retail and lifestyle destination. Olympia 66 in Dalian is the epicentre of luxury retail and lifestyle destination. Appendix: Hang Lung’s Renewable Energy Chronology: December 2021: Spring City 66 in Kunming is Hang Lung’s first property and the first commercial complex in Yunnan Province to be powered by renewable energy. January 2023: Parc 66 in Jinan is the first commercial property in Jinan and Shandong Province to be powered by renewable energy. April 2024: Plaza 66 and Grand Gateway 66 in Shanghai, and Center 66 in Wuxi build on the successes in Kunming and Jinan and are also powered by renewable energy. May 2025: Forum 66 and Palace 66 in Shenyang, as well as Olympia 66 in Dalian, are the first commercial complexes in Liaoning Province to be powered by renewable energy. Altogether, eight out of ten of Hang Lung’s Mainland operating properties are now powered by renewable energy.* *Green power terms under power purchase agreements for the entire property (covering both landlord and tenant consumption) since May 1, 2025. Property Minimum Green Electricity Under Bundled Power Purchase Agreement Maximum Unbundled Green Electricity Certificate Spring City 66, Kunming 100% 0% Parc 66, Jinan 100% 0% Center 66, Wuxi 98% 2% Grand Gateway 66, Shanghai 95% 5% Plaza 66, Shanghai 95% 5% Forum 66, Shenyang 95% 5% Palace 66, Shenyang 95% 5% Olympia 66, Dalian 95% 5% Hashtag: #HangLung #Forum66 #Palace66 #Olympia66 The issuer is solely responsible for the content of this announcement. About Hang Lung Properties Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is also recognized for leading the way in enhancing sustainability initiatives in the real estate industry, all the while pursuing sustainable growth by connecting customers and communities. At Hang Lung Properties – We Do It Well. For more information, please visit www.hanglung.com.

Media OutReach

Tourism Seychelles Shares Ideas for Singapore’s June Holidays — Visit Majestic Morne Blanc Trail and many other attractions

SINGAPORE – Media OutReach Newswire – 27 May 2025 – The month-long June school holidays are ahead in the weeks ahead. Feeling the usual ‘have-been-going-back-to-the same destination’s dread. There is a great idea for the whole family – head over to Seychelles. Morne Blanc Fresh off the press is a great tourist attraction re-opened recently – the beautiful and majestic Morne Blanc Trail! This is a 905-meter climb to the highest peak in Seychelles – great for fitness enthusiasts looking for a hiking experience for the family. Tucked away in the heart of Mahé, Seychelles’ largest island, this trail is a true hidden treasure for adventure seekers. This captivating hike takes visitors through lush tropical greenery, leading to breathtaking viewpoints of incredible lagoons and amazing forests. With every step, one will ascend into the clouds, escaping the island heat and immersing into nature’s beauty. On the list of one of the Tourism Seychelles’ many jewels, the trail reflects the island’s commitment to conservation and protection of her unique biodiversity, Another exciting spot is the National Botanical Garden, which features over 280 plant species and kids will not want to miss the opportunity to feed the giant tortoises. Botanical Garden For a scenic and easy hikes, the Copolia Trail is a good option, offering a quick 1.4-km hike through the luxuriant forest. The top of the trail boasts a spectacular view of the east coast of the main island, overlooking views of the surrounding islands. Any trip for Singapore outbound travellers will not be complete without tasting Seychelles’ amazing dishes. The Seychelles local cuisine reflects the island’s rich history of cultural influences – blending African, European, Indian, and Chinese flavours into its own distinctive and delicious fusion. This culinary diversity, along with the abundance of fresh ingredients sourced from both land and sea, makes Seychelles’ food culture an exciting culinary adventure. The Seychelles islands were historically a melting pot of different cultures, including African slaves, French colonial settlers, Indian indentured laborers, and Chinese traders. As a result, the cuisine of Seychelles is a rich fusion of these various traditions. The French influence is seen in the use of rich sauces and seafood, the African influence brings in hearty and flavorful dishes, Indian spices enhance the flavors, and Chinese culinary techniques can be observed in the use of stir-fries and noodles. Hashtag: #seychellesisland https://www.facebook.com/TourismSeychellesSingapore/ The issuer is solely responsible for the content of this announcement.

Media OutReach

Prudential Singapore partners with IMDA to drive SMEs’ adoption of Generative AI

SINGAPORE – Media OutReach Newswire – 27 May 2025 – Prudential Singapore (“Prudential”) has launched GenAI XPonential, a new programme in partnership with the Infocomm Media Development Authority (IMDA) to accelerate the adoption of Generative AI (GenAI) among small and medium-sized enterprises (SMEs). Unveiled by Senior Minister of State for Digital Development and Information, Mr Tan Kiat How, at ATxEnterprise – an Asia Tech x Singapore (ATxSG) event held today – the programme is in support of the Digital Enterprise Blueprint and aims to equip SMEs with practical knowledge and real-world use cases to strengthen AI adoption. As part of the programme, SMEs will gain access to a series of up to 10 bite-sized explainer videos and up to four hands-on workshops co-created and hosted by Prudential and its Talent Engagement Ecosystem (TEE-Up)1 partner, Republic Polytechnic. The first two videos on GenAI-enabled Customer Engagement Chatbots and GenAI-enabled Sales & Marketing Content Creation will be available on IMDA’s CTO-as-a-Service platform for SMEs, and the remaining videos will be rolled out progressively in the second half of 2025. The complementary workshops offered as part of the programme are conducted by Prudential’s GenAI domain experts and Republic Polytechnic lecturers. Prudential has been a long-standing supporter of SMEs through its SME Skills Accelerator Programme2, which equips SMEs with the skills and resources to grow and innovate by upskilling and reskilling their employees. In 2022, the insurer had worked with Ngee Ann Polytechnic and ST Engineering to produce a digital commerce playbook to help SMEs kickstart their digital journey in a safe and secure manner3. Mr Ben Tan, Chief Distribution Officer, Prudential Singapore, said: “Having been a long-time supporter of SMEs, who are a key pillar of Singapore’s economy, we are proud to deepen our commitment by enabling them to gain access to the latest technologies such as GenAI to fuel business growth. Through practical explainer videos and hands-on workshops conducted by us and Republic Polytechnic, one of our Talent Engagement Ecosystem partners, we aim to equip SMEs with the knowledge and skills to apply GenAI meaningfully in their businesses. These efforts are part of the GenAI XPonential programme, delivered in partnership with IMDA, to help SMEs innovate, grow, and stay competitive in today’s digital economy.” Mr Johnson Poh, Assistant Chief Executive, Sectoral Transformation Group, IMDA, added: “In today’s fast-evolving digital landscape, it is vital to equip our SMEs with the tools and knowledge to harness GenAI effectively. IMDA welcomes the collaboration with Prudential Singapore to ensure that our SMEs can navigate the complexities of this emerging technology, gain the confidence to use GenAI to boost productivity, and remain competitive in an AI-driven economy.” Collaboration with students to bring GenAI to the fore Students from Republic Polytechnic’s Year 2 and 3 cohorts were engaged to develop the GenAI XPonential tech explainer videos. Guided by experts from IMDA and Prudential, these students explored real-world GenAI applications while honing their videography and editing skills. These students were engaged for their digital fluency and to encourage knowledge sharing. Singapore’s youth are among the most active users of GenAI, with 80 per cent4 using the technology at least once a week for tasks such as homework or school-related tasks. Ms Wong Wai Ling, Director, School of Infocomm, Republic Polytechnic, said: “This collaboration exemplifies how industry and education can come together to empower both students and SMEs in the GenAI space. Our students had a unique opportunity to translate classroom learning into practical outcomes, co-creating resources that will help local businesses harness the potential of emerging technologies. We are proud to support Singapore’s digital future by equipping youth with real-world skills while contributing to the nation’s broader upskilling efforts.” Mr Ben Tan added: “By involving youth in the creation of educational content for SMEs, the broader initiative nurtures the next generation of AI creators who are confident in using new technologies and eager to drive change. It also encourages intergenerational learning, where students support SMEs in the digital economy, building a future-ready ecosystem grounded in knowledge sharing and innovation.” This collaboration, supported by the National Youth Council, deepened students’ understanding of emerging technologies, served as a platform for them to apply their skills in a real-world setting, and is part of youth outreach initiatives aimed at helping SMEs upskill. 1 For more information, please visit: https://www.prudential.com.sg/innovation/tee-up 2 For more information, please visit https://www.prudential.com.sg/others/sme-skills-accelerator-programme 3 For more information, please visit: https://www.prudential.com.sg/about/newsroom/press-release/2022/prudential-singapore-boosts-support-for-smes 4 Source: https://www.ceiglobal.org/work-and-insights/investigating-parent-views-teen-use-generative-ai Hashtag: #PrudentialSingapore #IMDA #GenAIXPonential https://www.prudential.com.sg/https://www.linkedin.com/company/prudential-assurance-company-singaporehttps://www.facebook.com/PrudentialSingapore/ The issuer is solely responsible for the content of this announcement. About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore) Prudential Assurance Company Singapore (Pte) Ltd is one of the top life and health insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 94 years. The company has an AA- Financial Strength Rating from leading credit rating agency Standard & Poor’s, with S$57.7 billion funds under management as at 31 December 2024. It delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of more than 5,400 financial representatives. About Infocomm Media Development Authority The Infocomm Media Development Authority (IMDA) leads Singapore’s digital transformation by developing a vibrant digital economy and an inclusive digital society. As Architects of Singapore’s Digital Future, we foster growth in Infocomm Technology and Media sectors in concert with progressive regulations, harnessing frontier technologies, and developing local talent and digital infrastructure ecosystems to establish Singapore as a digital metropolis. For more news and information, visit www.imda.gov.sg or follow IMDA on LinkedIn (IMDAsg) Facebook (IMDAsg) and Instagram (@imdasg).

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