DEXLEVO completes 26 billion won pre-IPO funding, prompting GOURI international marketing24/6/2022 KUALA LUMPUR, June 21 (Bernama) -- As the spread of COVID-19 has slowed down worldwide, the demand for skincare is expected to increase, and expectations for the rapid growth of the skincare market are also growing, with countries such as the United States, United Kingdom, and Germany having lifted measures to wear masks outdoors, and there is a trend to abolish the measures to wear masks in public transportation. This can be recognised as good news for companies in the beauty industry with a high proportion of overseas exports. DEXLEVO, a company specialising in cosmetic medical devices, has completed pre-IPO funding of 26 billion won for existing investors, Magna Investment, Smilegate Investment, Hyundai Technology Investment, and Shinhan Capital. It is preparing for listing in 2023, and DEXLEVO has set a post value of 276 billion won after investment. DEXLEVO was established in 2013 by Jaewon Yoo, a former researcher at Samyang Corporation, and succeeded in liquefying Polycaprolactone (PCL), a biodegradable polymer, for the first time in the world. According to a statement, based on this technology, DEXLEVO developed a liquid PCL injection 'GOURI' and participated in the world's largest beauty fair AMWC (Aesthetic and Anti-aging Medicine world Congress) in September of last year and March of this year as a main sponsor to announce GOURI’s technological prowess and excellence. It will also participate in the International Master Course on Aging Science (IMCAS) held in Paris this June to spur marketing activities to increase its global market share. Unlike existing fillers, as GOURI is in a liquid form without particulates, it spreads throughout the face when injected and induces collagen formation. DEXLEVO is expanding its beauty market share with not only GOURI, a cosmetic medical device, but also KABELLINE, a contour product, and Touch BR, a whitening product. Currently, DEXLEVO is focusing on distribution in Southeast Asian regions such as Indonesia, Vietnam, and Thailand. KABELLINE is reaching the Americas. For more information, visit www.dexlevoaesthetic.com. -- BERNAMA
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KUALA LUMPUR, June 23 (Bernama) -- Catheon Gaming (the Company), the fastest-growing integrated blockchain gaming and entertainment company, announced that Mark Aubrey will be appointed as new co-Chief Executive Officer, effective July 11, 2022. Aubrey will work alongside William Wu, Founder and CEO of Catheon Gaming, to scale the company in the rapidly growing blockchain gaming industry, according to a statement. ‟I am delighted with the appointment of Mark Aubrey as the CEO of Catheon Gaming and look forward to working alongside Mark to lead Catheon Gaming into its exciting next phase of growth,” said Wu. “Mark brings deep world-class gaming expertise at the highest level, having led the highly relevant APAC division of the world’s most successful gaming developer and publisher.” Catheon Gaming partners with leading game developers and IP-holders to incubate and launch ‘best-in-class’ blockchain games and bring them to the widest possible audience. Aubrey joins Catheon Gaming as CEO from his previous role as Managing Director and Head of Asia Pacific (APAC) at Activision Blizzard, the leading gaming developer and publisher of entertainment software renowned for creating some of the industry’s most critically acclaimed games, including Call of Duty and World of Warcraft. Aubrey has over 19 years of experience in the entertainment and gaming industry in the APAC region. At Activision Blizzard, he was responsible for managing all verticals of both Activision Publishing and Blizzard Entertainment’s commercial and go-to-market operations and teams across Australia/NZ, Japan, Korea, India and Greater Asia. Wu first founded SolChicks in September 2021 and subsequently Catheon Gaming, launching 20 titles over the course of nine months. With the appointment of Aubrey, Wu will focus on the company’s long-term vision and strategy, while remaining fully involved in the operations of Catheon and SolChicks. More details at https://catheongaming.com/. -- BERNAMA KUALA LUMPUR, June 23 (Bernama) -- ApplyBoard, the global technology platform powering an education revolution, has announced Ireland as its latest study abroad destination. This is the fifth study abroad destination that ApplyBoard has expanded to as part of its ongoing mission to educate the world, according to a statement. To date, five higher education institutions in Ireland have partnered with ApplyBoard: Trinity College Dublin, University College Dublin, Maynooth University, University College Cork, and the University of Limerick. ApplyBoard is excited for this opportunity to help Ireland grow and reach its international education goals. ApplyBoard looks forward to building more momentum within Ireland’s international education sector. “With a highly-regarded education system, rich history, and innovative culture, Ireland has so much to offer international students,” said Martin Basiri, CEO and Co-Founder of ApplyBoard. “Building this strong relationship with Ireland signifies an important step in expanding new opportunities for future students, supporting the long-standing legacy for excellence in the Irish education sector, and continuing to break down barriers to education for countless students around the world.” Meanwhile, Giles O'Neill, Head of Education in Ireland said: “ApplyBoard puts the student at the heart of what they do and keeps them there — this is a mission that we share and something that I am sure we can build on together into the future.” Now, students and recruitment partners can look forward to having access to Ireland’s higher education institutions on the ApplyBoard Platform. Most recently, ApplyBoard announced the acquisition of TrainHub, an education industry training ecosystem, to help strengthen international student recruitment. ApplyBoard, headquartered in Kitchener, Ontario, Canada, has helped over 300,000 students from more than 125 countries along their educational journeys since 2015. More details at www.applyboard.com. -- BERNAMA KUALA LUMPUR, June 23 (Bernama) -- INNIO, a leading energy solution and service provider, has published its Sustainability Report for 2021 Together Towards Zero, which defines the company’s performance in meeting environmental, social, and governance (ESG) goals. While INNIO is currently empowering industries and communities to transition to net zero, this report – prepared in accordance with GRI and SASB standards – formally communicates on progress and sustainability-related performance providing, transparency about how INNIO is contributing to a green tomorrow. In a statement, INNIO chief executive officer Dr Olaf Berlien states: “I’m incredibly proud of the steps we have taken to implement our ESG strategy. “The outstanding recognition we have received for our achievements with leading ESG ratings shows that we are on the right track on our path to net zero.” In accordance with global frameworks and commitments, INNIO set out ambitious sustainability targets in three strategic focus areas where it sees the most material impacts and opportunities for improvement: Low Carbon and Circular Products, Resilient Supply Chain and Manufacturing, and Responsible Operations and Social Responsibility. Selected key ambitions in these areas include INNIO offering since 2022, all new engines with a ‘Ready for H2’ option; imperative that suppliers covering 80 per cent of direct and indirect spend commit to net zero by 2050; and, by 2025, an increase of identified diversity groups by 25 per cent across functions compared to the 2020 baseline. INNIO’s 2021 Sustainability Report is a non-financial disclosure published annually, prepared in accordance with the standards of the Global Reporting Initiative (GRI) core option and the Sustainability Accounting Standards Board (SASB). INNIO is headquartered in Jenbach (Austria). For more information, visit www.innio.com. -- BERNAMA Michel Combes to Step Down After Five Years at SoftBank
Clavel Brings Years of Global SoftBank Experience to the Role TOKYO, June 22 (Bernama-BUSINESS WIRE) -- SoftBank Group Corp. (“SoftBank”) today announced that Alex Clavel, currently Managing Partner at SoftBank Group International (“SBGI”), has been appointed as Chief Executive Officer of SBGI, effective June 30, 2022. Mr. Clavel will succeed Michel Combes, who has decided to leave SoftBank to pursue new opportunities. Mr. Clavel will bring seven years of leadership experience at SoftBank across Tokyo, Silicon Valley and New York to the role, in which he will oversee SBGI’s operations and investment portfolio, including its stakes in Boston Dynamics, SoFi, Fortress, T-Mobile, Arm, among other portfolio companies. Together with the SoftBank Vision Funds, SBGI is responsible for all SoftBank Group Corp. activities outside of Japan, including across Europe, the U.S., Asia and Latin America. Masayoshi Son, Representative Director, Corporate Officer, Chairman & CEO of SoftBank Group Corp., said, “Building on more than two decades of experience in corporate development and investing, Alex has long been a trusted leader at SoftBank in multiple locations around the globe. I am confident that his experience – combined with the strong SoftBank team around him – will serve us well as we continue our journey as Vision Capitalists.” Mr. Son continued, “I want to thank Michel for his crucial contributions to SoftBank over the past five years. He has played a critical role in some of our most important investments and assets, and I wish him all the best with his future plans. I’m glad he will remain part of the SoftBank family by continuing to represent us on various portfolio company boards.” Mr. Clavel commented, “I am honored by the trust Masa has placed in me to lead SBGI and am fortunate to have worked alongside Michel. I am excited to build on our success and for what’s to come.” Mr. Combes said, “It has been a pleasure to work with Masa and the talented teams across SoftBank. I am departing SoftBank proud of having achieved what I set out to do here, including turning around Sprint and executing its merger with T-Mobile, repositioning WeWork and successfully taking it public, and, most recently, the integration of the SoftBank Latin America Funds into the Vision Fund, as well as overseeing SoftBank’s strategic investments in French and European portfolio companies. I am pleased to pass the baton to Alex. He has been my partner for the past two years and I am confident he’s well positioned to lead the team and carry forward our success into the future.” Alex Clavel Biographical Information Most recently, Mr. Clavel has been responsible for managing several of SoftBank’s international platform of investments outside of the Vision Funds, including T-Mobile, Deutsche Telecom, WeWork and OneWeb. He serves as a director on the boards of numerous companies and investment vehicles, including Arm China, Boston Dynamics, InMobi, SB Energy, Goggo, and Levere Holdings Corp. Mr. Clavel joined SoftBank in Tokyo in 2015 and worked in SoftBank’s Silicon Valley office before moving to New York with SoftBank in 2018. Prior to joining SoftBank, Mr. Clavel spent 19 years at Morgan Stanley in investment banking, where he focused on technology, media and telecom M&A. He graduated from Princeton University and speaks French, Japanese and Mandarin Chinese. About SoftBank Group The SoftBank Group invests in breakthrough technology to improve the quality of life for people around the world. The SoftBank Group is comprised of SoftBank Group Corp. (TOKYO: 9984), an investment holding company that includes stakes in telecommunications, internet services, AI, smart robotics, IoT and clean energy technology providers; the SoftBank Vision Funds, which are investing more than US$140 billion to help extraordinary entrepreneurs transform industries and shape new ones; the US$8 billion SoftBank Latin America Funds; and investments in underrepresented founders, including the SB Opportunity Fund, a US$100+ million fund investing in Black, Latinx and Native American founders, and SoftBank Investment Advisers’ global Emerge program. To learn more, please visit https://group.softbank/en. View source version on businesswire.com: https://www.businesswire.com/news/home/20220621006036/en/ Contact Japan: [email protected] +81 3 6889 2300 United States: FGS Global Benjamin Spicehandler / Hannah Dunning [email protected] Source : SoftBank Group Corp. http://mrem.bernama.com/viewsm.php?idm=43472 KUALA LUMPUR, June 22 (Bernama) -- Leading global professional services firm Alvarez & Marsal (A&M) has launched a business unit in Southeast Asia and Australia (SEAA), headed by recently appointed Managing Director, Utsav Garg.
A&M’s SEAA business unit demonstrates the firm’s commitment to and investment in expanding its geographic footprint across Asia Pacific (APAC) in response to growing market demand, according to a statement. Bryan Marsal, Co-founder of Alvarez & Marsal said: “A&M has seen growing demand from both private equity and corporates in Asia Pacific. Our SEAA business unit is the strategic extension of our presence across North Asia and India and will be critical to our growth in this expanding market. “Utsav and his team will provide the unique blend of industry operator expertise and the bias towards action that A&M is known for around the world and in the region.” The SEAA business unit ensues from A&M’s year of double-digit global growth and incorporates multiple capabilities across the firm including Private Equity Performance Improvement, Corporate Transformation, Restructuring & Turnaround and Disputes and Investigations. SEAA represents the next phase of the firm’s Asia Pacific expansion strategy by aligning its Singapore, Indonesia, Malaysia and Australia offices and setting the foundation for a future office in Vietnam. In addition to building and leading the SEAA business unit, Garg will advise clients on sustained growth and profitability improvement across various industries, including consumer goods and retail, telecommunications, information and communications technology (ICT), healthcare, logistics and process industries. Prior to joining A&M, Garg served as Managing Partner for Kearney’s Southeast Asia business across four offices. In that role, he grew the company’s business multi-fold in the region. He has also held sales and brand leadership positions with Unilever. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. -- BERNAMA KUALA LUMPUR, June 22 (Bernama) -- Michael Ensser has been elected Chair of Egon Zehnder by the partnership of the world’s leadership advisory firm, assuming the role on Nov 1, 2022, and succeeding Jill Ader, who has chaired the Firm since 2018 and will transition to an advisory role. Over his 25 years at Egon Zehnder, Ensser has played key roles, including leading the German market, the second largest for Egon Zehnder, where he pioneered Leadership Advisory services, as well as leading the Switzerland market. Prior to that, Ensser led the Berlin Office, which under his leadership grew to one of the biggest offices in the Firm. He currently serves on Egon Zehnder’s board, co-chairing its People Committee and is also chair of Germany’s Board Academy, co-created with McKinsey and KPMG, which prepares executives for non-executive board positions. He also helped to launch Egon Zehnder’s second global knowledge centre in Budapest. Ensser was elected by Egon Zehnder’s partnership, where every partner has an equal vote in the selection of the chair, a legacy from the Firm’s eponymous founder, who believed strongly in true partnership and good governance. Elections take place every three years, and chairs can serve for a maximum of two terms. “I am honoured and grateful to our partners for placing their trust in me to lead our Firm in this next chapter,” said Ensser. “Building on our Firm’s values, we will continue to grow our Firm’s leadership advisory capabilities to better serve our clients, deliver on our commitments to diversity, equity, and inclusion, and increase our focus on sustainability.” Ensser’s election is part of a planned succession. The chair must be a partner in the Firm, and the partnership has a tenure limit of age 62. Following those guidelines, Ader will retire from the partnership of Egon Zehnder later this year, and she will transition to a senior adviser role, focusing on both client work and helping colleagues to flourish. “Jill has been nothing short of outstanding as our chair, helping to crystallize our values, increase our diversity, equity and inclusion efforts and amplify our role as leadership advisers and coaches,” said Edilson Camara, Chief Executive Officer of Egon Zehnder in a statement. Egon Zehnder is the world’s preeminent leadership advisory firm, inspiring leaders to navigate complex questions with human answers. -- BERNAMA DATUK BAZLAN OSMAN ELECTED AS MIA PRESIDENT, MOHAMAD FAISAL ABDUL MALIK AS MIA VICE PRESIDENT21/6/2022 KUALA LUMPUR, June 20 (Bernama) -- The Malaysian Institute of Accountants (MIA) is pleased to announce the election of Datuk Bazlan Osman as the new MIA President and Mohamad Faisal Abdul Malik as the new MIA Vice President respectively at its recent Council Meeting. Their appointments took effect on 17 June 2022.
Datuk Bazlan succeeds Dr Veerinderjeet Singh, whose tenure ended on 28 May 2022. Previously, Datuk Bazlan Osman was elected by the Council as the Vice President on 30 July 2021 and commenced his term as a MIA Council member on 1 December 2019. Datuk Bazlan brings extensive corporate and business experience to the MIA leadership role. Currently, he sits on the board of several public listed companies, namely as an Independent Non-Executive Chairman of FIMA Corporation Berhad, Senior Independent Non-Executive Director of Bursa Malaysia Berhad, Independent Non-Executive Director (INED) of Syarikat Takaful Malaysia Keluarga Berhad, INED of Glomac Berhad and INED of Bank Islam Malaysia Berhad. He is also a director of Malaysia Professional Accountancy Centre (MyPAC). He was formerly an Executive Director of Telekom Malaysia Berhad (TM). His last position in TM was Acting Group Chief Executive Officer (GCEO) and he also served as the Deputy GCEO. Prior to that he was the Group Chief Financial Officer of TM. Datuk Bazlan is also currently the Chair of the ACCA Malaysia Advisory Committee. Mohamad Faisal was initially elected as a MIA Council member on 29 September 2019. Altogether, Mohamad Faisal has accumulated 23 years of diverse experience in both accounting and multinational commercial firms in addition to being a certified syariah auditor and a certified financial planner. Currently, he is the Managing Partner of Faisal Malik & Co, a member of the Discipline Committee Panel to the Malaysian Bar, Director of Institute Syariah Audit Malaysia (ISAM), member of Nexus Governing Committee (NGC) for Professional Services Productivity Nexus (PSPN) to Malaysia Productivity Corporation (MPC), and Treasurer of the Association of Malay Chartered Accountants Firm (AMCAF). He also serves as an industry advisor and related subject matter expert at several local universities. Upon their election, Datuk Bazlan and Mohamad Faisal thanked MIA and its members for the opportunity to contribute to future-proofing the accountancy profession to support sustainable nation building. “We are honoured to lead the Institute and the profession as we navigate through the complex post-COVID-19 economy where ESG risks, especially climate change risks, are paramount. Collaborating with our stakeholders (the public practice, public sector, academia, and commercial sectors), MIA will strive to strengthen regulation and professional development to enhance good governance and protect the public interest,” they stated. About the Malaysian Institute of Accountants (MIA) Established under the Accountants Act 1967, MIA is the national accountancy body that regulate, develops, supports and enhances the integrity, status and interests of the profession in Malaysia. MIA accords the Chartered Accountant Malaysia or “C.A. (M)” designation. Working closely alongside businesses, MIA connects its membership to a wide range of information resources, events, professional development, and networking opportunities. Presently, there are more than 38,000 members making their strides in businesses across all industries in Malaysia and around the world. MIA’s international outlook and connections are reflected in its membership of regional and international professional organisations such as the ASEAN Federation of Accountants (AFA), and the International Federation of Accountants (IFAC). For more information on MIA, visit www.mia.org.my Source: Malaysian Institute of Accountants (MIA) FOR MORE INFORMATION, PLEASE CONTACT: Name: THANE MEYYAPPAN Head Tel: +603 2722 9184 / +6012 248 9534 Email: [email protected] --BERNAMA Toshiba-Farnell link bolsters supply chain for extended range of new, innovative products18/6/2022 KUALA LUMPUR, June 15 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has announced Toshiba Electronics Europe GmbH, its European sales and marketing subsidiary, extends their relationship with Farnell.
Farnell is a global distributor of electronic components, products and solutions who trade as Farnell in Europe, Newark in North America and element14 throughout Asia Pacific. As a result of this agreement, Farnell will stock more Toshiba products in greater quantities, increasing their support of Toshiba’s customer supply chain. “In these times of global shortage it is important to strengthen our support to meet the product availability and support needs of the engineering community who continue to design, qualify, upgrade and repair with the latest components. “We are particularly pleased to see some of our more innovative products become available via Farnell,” said Ian Wilson, Senior Manager - Distribution Sales - at Toshiba Electronics Europe GmbH in a statement. Meanwhile, Simon Meadmore, Vice President of Product and Supplier Management at Farnell said: “Our customers can now enjoy enhanced availability of Toshiba products coupled with fast access to new-to-market technologies. “The new agreement strengthens the overall relationship between Toshiba, Farnell and the Avnet Group. We are committed to regularly launching new devices to enhance our existing portfolio from Toshiba.” The new arrangement results from a desire by both companies to reflect Toshiba’s market-leading solutions for a wide range of markets/applications including automotive, industrial, Internet of Things (IoT), motion control, telecoms, networking, consumer and white goods applications. Farnell’s portfolio will now expand to include more of Toshiba’s most innovative devices, encompassing some 800 products by year end and increasing further to 1,000 items during 2023. In common with Toshiba’s desire to provide excellent technical support to their engineering customer base, Farnell offers free access to multiple technical online resources, datasheets, application notes, videos, webinars and 24/5 technical support. More details at https://toshiba.semicon-storage.com/ap-en/top.html. -- BERNAMA KUALA LUMPUR, June 16 (Bernama) -- Linesight has announced the relocation and expansion of its Taiwan office which is indicative of local business growth in addition to further strategic expansion plans for Northeast Asia.
The new office demonstrates Linesight’s long term investment and commitment to further advance its operations, as well as develop local talent, in the region, according to a statement. Centrally located on the main street of Taiwan boulevard (Taichung) the office provides enhanced accessibility and convenience for both clients and staff, while its modern, open floor plan enables engagement and collaborative working. “We are excited to welcome clients, colleagues and friends to our new office. We continue to provide leading cost management consultancy and build trusted partnership relationships with a highly coveted set of clients in the data centre sector as well as in high tech, commercial real estate, life sciences and energy. “We have ambitious plans for the region as a whole, are continuously hiring and nurturing great talent and we strive to create an inclusive culture for our teams,” said Garvan Barry, Director for Northeast Asia at Linesight. Since 2018, the global construction consultancy has been working with clients in Taipei, New Taipei city, Taoyuan, Changhua and Taichung on all aspects of project and cost management including, but not limited to, procurement, scheduling, contract review and administration, and health and safety consultancy. Linesight has successfully delivered over 71MW of critical IT load to Taiwan data centres with a further 125MW coming onstream shortly. Its ongoing projects, including five data centres, are estimated to be completed between mid-2023 and Q1 2024. Linesight is a multinational construction consultancy firm with over 48 years’ experience, providing cost, schedule, program, and project management services to a multitude of sectors. For more information, visit http://www.linesight.com. -- BERNAMA |
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