Hong Kong, Dec 22 (Bernama-GLOBE NEWSWIRE) -- The novel coronavirus has dealt heavy blows to many industries, yet it has also presented new business opportunities for sectors such as digital entertainment, of which game development is a key component. Although countries like the United States, Japan and China have well-established in the gaming market, Hong Kong’s game developers are starting to shine. As the city’s leading digital technology community, Cyberport has supported a number of promising game developers. Their work is available as mobile games, games for home consoles and arcade games. Their varied styles have attracted local gamers and are also enjoyed by overseas players.
Eric Chan, Cyberport’s Chief Public Mission Officer, said, “Industry research institute Newzoo has raised its 2020 global game market size estimate by 10 percent, to US$175 billion. This shows that there are enormous business opportunities in the gaming industry even amid the pandemic. Hong Kong’s cultural and creative industry has been well received by local and overseas audiences. Our excellent media production and international business acumen have also laid a solid foundation for the growth of game development. We have seen more game development start-ups leveraging the Cyberport Incubation Programme for business development support. Designated quotas are allocated for digital entertainment start-ups, including game developers. We look forward to seeing the digital entertainment industry provide a career path along which our young people can demonstrate their creativity.” Diversified mobile game ideas Mobile gaming is a rapidly growing market thanks to continuous smartphone feature enhancements and the launch of the 5G network. Newzoo has even raised its annual revenue forecast for the mobile games market from US$77.2 billion to US$86.3 billion. The Cyberport Incubation Programme has cultivated a number of mobile game developers, who have produced games catering to diverse user preferences ranging from mysteries to car racing, exploration and business simulation. Genuine Studio Ltd. specialises in mystery games with Hong Kong characteristics. The company’s “Dangerous Man”, based on well-known crime cases in the city, has recorded 500,000 downloads since its release last year. Its latest game, “Rainy Butcher”, was officially released this month. The game features the Hong Kong cityscape, and the player plays as a reporter investigating a killer. The game is dubbed in Cantonese for local players and the company plans to roll out an English version early next year. The two games have been recognised in the first two editions of the Hong Kong Game Enhancement and Promotion Scheme, organised by the Hong Kong Digital Entertainment Association respectively. A game must be extraordinary to stand out amongst the wide variety of car racing games already on the market. Cyberport incubatee Twitchy Finger made a name for itself with its release of “Mini Legend” five years ago. The game’s greatest appeal is that it features over 100 different vehicle models, enabling players to customise their ideal racing car with several hundred vehicle components. The game’s features are continually updated in order to extend its lifespan and attract new players. So far, more than 6.4 million downloads have been recorded worldwide. Late last year the company released a sequel, “APEX RACER”. With an expanded list of game rules and racing tracks, this game has recorded more than 600,000 downloads. Like competitive games, casual games have won over fans, and they make up one of the largest gaming genres on the market. Earlier this year, Trefle & Co. released “Dashero: Sword & Magic”. This action role-playing game allows players to navigate through mazes, using their sword and magic and fighting evil monsters along the way. The game features stunning animation and can be played with one hand – qualities that target commuters who simply want to kill some time. This game was featured in the second edition of the Hong Kong Game Enhancement and Promotion Scheme. Unique experiences with home consoles and arcade games Besides mobile games, some local teams have also developed games for home consoles. One such company is Cyberport incubatee Anti Gravity. The company was founded in 2017, and by early 2019 it had released “Hell Warders”, an action tower defense role-playing game which already has PC, PS4, Switch and Xbox versions. So far, more than 10,000 physical games and 40,000 digital games have been sold worldwide. Another Cyberport incubatee, Archon Forge, will roll out the PC version of its “Demon Knights” game as soon as March 2021. The company also plans to release other home video game versions of the action role-playing game. Both titles are multi-player games in which users can form their own teams to join in the fun. While mobile and console games continue to grab the market’s attention, arcade games occupy a niche market. They currently flourish across the Chinese mainland, Southeast Asia, Europe and the United States, where they are commonly seen in local department stores and family amusement centres. Cyberport incubatee 3MindWave developed the “ATV Slam” racing game, which provides multiple tracks for players to experience the thrill of these routes. More than 400 “ATV Slam” games have been sold globally, with further promotions planned for Southeast Asia and Europe. VR games excite the senses Cyberport incubatee VAR LIVE tackles the virtual reality gaming sector. It has developed multiple VR games, from horror zombie games to family-friendly cartoon adventures. To offer users the best gaming experience, the company has invested in developing its own hardware. In order to promote VR games, it operates studios where players can enjoy the VR experience. In the long term, the company expects players to purchase VR games online so they can enjoy the fun in the comfort of their own homes. Nurturing digital entertainment and e-sports start-ups There are now close to 150 digital entertainment and esports companies in the Cyberport community, of which over 60 are engaged in gaming development. As a promoter of Hong Kong’s digital entertainment and esports industry, Cyberport provides one-stop entrepreneurial support. Through initiatives including the Cyberport Incubation Programme and the Cyberport Creative Micro Fund, start-ups can receive up to HK$1.1 million in financial aid, plus other forms of assistance. Attachment Denny Law Hong Kong Cyberport [email protected] SOURCE : Hong Kong Cyberport
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JOONGANG GROUP BUILDS SOUTH KOREA'S FIRST AI-DRIVEN ENTERPRISE NETWORK BY JUNIPER NETWORKS21/12/2020 South Korea’s leading media conglomerate transforms its enterprise networking experience with Juniper’s wired and wireless solutions driven by Mist AI to create a secure and productive mobile work environment
SEOUL, Korea, Dec 21 (Bernama-GLOBE NEWSWIRE) -- Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that JoongAng Group has selected Juniper’s wired and wireless solutions driven by Mist AI to transform its network system. With the country’s first AI-driven enterprise network by Juniper, JoongAng Group can continue to lead its diverse array of business and broadcasting services, while securely maximizing operational efficiency and flexibility for future business expansion. As the company prepared to spread its workforce across two office buildings after the completion of its JTBC Building in 2019, JoongAng Group wanted to introduce a next-generation network system that would provide a unified experience for all employees in both buildings. To achieve that goal, JoongAng Group decided to plan their infrastructure based on a smart office concept centered on providing a fast, seamless wireless network that would bridge the two physically separated buildings. If the two buildings’ networks were not perfectly integrated, employees would have to go through cumbersome procedures, including configuring their IP settings and authenticating repeatedly. Juniper’s wired and wireless network solutions fulfilled all of the company’s needs and were first deployed in the JTBC Building last year followed by the JoongAng Building. In particular, Juniper’s Wireless Access Points driven by Mist AI equipped with Wi-Fi 6 stood out for providing enterprise-grade performance and an AI engine that has replaced manual IT tasks with AI-driven proactive automation and self-healing. The integration of the two buildings’ networks was completed this year, resulting in exceptional user and device experiences. Since deployment, the company has introduced a security and emergency response system that leverages patented virtual Bluetooth LE® technology for indoor location tracking without the need for battery powered beacons. With Juniper’s AI-driven network, JoongAng Group has jumped a step ahead of the industry in terms of network efficiency, leveraging automation and insights to lower IT costs while maximizing the end-user experience. News Highlights
“With a Juniper powered network that offers AI-driven proactive automation and self-healing capabilities, JoongAng Group will be able to provide a secure work environment with a focus on uninterrupted workflows for all of our employees. As an organization built on a network-based work environment, we expect to evolve and diversify our offerings in the future, which will result in a demand for higher speeds. We are confident that the various AI-driven network upgrades by Juniper will drive value in every corner of our organization and put us in a strong position for continued growth.” - Young Ki Kim, Director, JOINS JoongAng “In an industry where the fast exchange of accurate information is crucial, the introduction of leading-edge networks is essential to taking the front-runner position among fierce competition. We are honored that the nation’s leading media company, JoongAng Group, has chosen Juniper’s solutions to build an AI-driven network. The trust they have placed in us is a testament to the capabilities of our innovative AI-driven solutions. As we continue to power connections and empower change in Korea, we look forward to bringing the vision of an AI-Driven Enterprise to more customers.” - Ki Byung Chai, Country Manager, Korea, Juniper Networks Additional Resources:
About Juniper Networks Juniper Networks challenges the inherent complexity that comes with networking and security in the multicloud era. We do this with products, solutions and services that transform the way people connect, work and live. We simplify the process of transitioning to a secure and automated multicloud environment to enable secure, AI-driven networks that connect the world. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook. Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners. Media Relations: Satheeson Paramason Juniper Networks +65 6511 3595 [email protected] SOURCE : Juniper Networks, Inc. Hypernova Chronos (Photo: Business Wire) PARIS, Dec 21 (Bernama-BUSINESS WIRE) -- The Prix Galien Award, considered an equivalent of the Nobel Prize in biopharmaceutical research and medical technology research, has honoured Germitec’s Hypernova Chronos as the Best Medical Device for 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201218005019/en/ Germitec, a global healthcare leader in designing UV-C High Level Disinfection systems for ultrasound probes, has radically simplified the lives of healthcare professionals in terms of safety, time, and responsibility. The firm has received the 2020 Prix Galien Award for Best Medical Device for its Hypernova Chronos™ system, a breakthrough patent technology that replaces chemicals with photons. It is still today the only Chemical-free High Level Disinfection system for decontaminating ultrasound probes between patients. The award recognises excellence in scientific innovation that improves the human condition globally. Hypernova Chronos breakthrough technology has positively changed clinical workflow practices in decontamination of ultrasound probes between patients in Womens Health (IVF), Radiology and Imaging, Urology, Outpatient/Day Surgery, Intensive Care, and Accident and Emergency. The technology is reducing the risk of Healthcare Associated Infections (HAIs), which are estimated at 5-10% of hospitalised patients every year, resulting in substantial morbidity and mortality. It has been rigorously tested to kill high-risk cancer strains 16 and 18 of Human Papillomavirus that causes 70% of cervical cancer and other anogenital cancers, providing extra safety to patients. Several studies have scientifically shown in pelvic ultrasound examinations, emphasising the potential cross-infection risk when HLD is not the standard of practice. “We are honoured by this prestigious recognition. Winning the award not only highlights the breakthrough technology behind Hypernova Chronos in High Level Disinfection but the unrivalled team that worked to develop and bring it to market. An innovation with the potential to make a significant impact in minimising the cross-infection risk of pathogens from the repeated use of probes that move from patient to patient,” said Clement Deshays, CEO of Germitec. “The innovative technology has positively changed clinical workflow practices in decontamination of ultrasound probes between patients. Especially for Womens Health (IVF), Radiology/imaging, and in the context of ultrasound-guided procedures and pulmonary ultrasound examinations in Emergency, Intensive Care, or Resuscitation.” About Hypernova Chronos Backed by more than 15 years of designing and developing hospital hygiene systems that have radically simplified the lives of healthcare professionals in terms of safety, time, and responsibility, the Hypernova Chronos is replacing impregnated chemical wipes, soak stations, and hydrogen-peroxide mist with a faster, simpler, and cleaner workflow for seamless high level disinfection processes (HLD). Hypernova Chronos’s ultrafast 90-second HLD cycle time, digital traceability, and chemical-free system is changing clinical practice, enabling UV-C HLD to become the standard of care in all hospital departments and clinics. Hypernova Chronos is approved in more than 35 countries worldwide, and now further, spanning into regions in Asia, Middle East, Europe, and the Americas. About Germitec Germitec® is committed to DESIGN the BEST innovations for Hospital Hygiene. Who are well known for inventing Ultraviolet Light High Level Disinfection (UV-C HLD) for reprocessing non-lumen medical devices: Hypernova Chronos and Antigermix E1. The UV-C products are designed for SPEED. SIMPLICITY. EFFICIENCY. ECO RESPONSIBILITY. PEACE OF MIND. And YOU. They are enabling medical staff to change clinical practice to be the BEST in reducing cross-infection risk, thus improving the quality of patient care. Further Information: https://germitec.com/germitec-chronos-wins-prix-galien-award-best-medical-device-2020/ View source version on businesswire.com: https://www.businesswire.com/news/home/20201218005019/en/ Contact Coralie Dumas [email protected] Tel : + 33 (0)1 49 87 18 00 Source : Germitec KUALA LUMPUR, Dec 18 -- LeddarTech®, a global leader in Level 1-5 advanced driver assistance systems (ADAS) and automated driving (AD) sensing technology, has announced a strengthened collaboration with Renesas.
This is via joining the R-Car Consortium, and with a new collaboration on the development and promotion of an automotive ADAS reference platform, according to a statement. This platform combines LeddarTech’s industry-leading raw data sensor fusion stack and LiDAR technology with Renesas’ newly launched R-Car V3U – a best-in-class ASIL D system-on-chip (SoC) for ADAS and AD systems. According to LeddarTech Chief Executive Officer, Charles Boulanger, Renesas is the market leader in automotive processors. “Our collaboration on this project accelerates the market introduction of a safer and cost-efficient ADAS system that offers an improved user experience. The solution also enables software for extensible and upgradable ADAS & AD platforms, accelerating subsequent innovation and development cycles.” Renesas is already investing in LeddarTech SoC development and production for the LeddarEngine™, consisting of the world’s most advanced and integrated LiDAR SoCs, the LCA2 and LCA3, and accompanying LiDAR measurement software. This automotive ADAS reference platform expands the companies’ collaboration to the system level with a sensor fusion solution applicable to the camera and RADAR sensor-based systems plus systems that add LiDAR to deliver higher safety and performance. More details at www.LeddarTech.com. -- BERNAMA KUALA LUMPUR, Dec 18 -- World’s most popular audio streaming subscription service, Spotify will launch its service in South Korea in the first half of 2021, giving Korean listeners access to over 60 million tracks and more than four billion playlists.
The launch will enable Korean artistes to reach their local music fans, as well as Spotify’s 320 million listeners worldwide. It will also connect listeners in Korea to artistes and music worldwide. South Korea is key for Spotify in its mission of giving a million creative artistes the opportunity to live off their art, and billions of fans the opportunity to enjoy and be inspired by it. According to a statement, Spotify wants to help accelerate the growth of Korea’s entire music streaming ecosystem, benefiting artistes, labels, distributors and fans. “We are proud to have been a part of the K-pop global story, showcasing the genre on our platform and enabling its discovery all over the world, from Asia to the US, South America, Europe and the Middle East,” said Spotify Chief Freemium Business Officer, Alex Norström. “We’re looking forward to working with our valued local partners to uncover more Korean artistes, and to connect them with fans in South Korea and all over the world.” Since Spotify debuted its first K-Pop playlist in 2014, listeners have streamed more than 180 billion minutes of the genre and added K-Pop tracks to over 120 million Spotify playlists. -- BERNAMA KUALA LUMPUR, Dec 18 -- New World® Hotels & Resorts has been appointed by KDI Holdings to manage the 306-room New World Nha Trang Hotel, opening in 2023. Embarking on a new chapter of its expansion in Asia, New World Nha Trang Hotel will join the brand’s portfolio as the fourth property in Vietnam, with gateways, and getaways in the country including landmark New World Saigon Hotel and resort properties opening in Hoi An and Phu Quoc, next year. “The rapid growth of our footprint in Vietnam is an exciting development for our brand and, with the support of KDI Holdings, New World Nha Trang Hotel will be a spectacular addition to our portfolio,” said Rosewood Hotel Group chief executive officer, Sonia Cheng. According to a statement, Nha Trang has long been acclaimed a jewel on the south-central Vietnam coast, situated on one of the world’s most beautiful bays, enhanced by lush mountainscapes and stretches of crystal blue beaches and nearby islands to explore. New World Nha Trang Hotel is ideally located in the internationally-operated integrated resort complex Vega City Nha Trang, also known as the City of Arts and Entertainment of Vietnam. The hotel is only 15 minutes by car from the Nha Trang city centre. It is backdropped by forested hillsides and is the first hotel that directly embraces the 1.5-kilometre-long Bai Tien Beach. Offering upscale, contemporary tropical lifestyle, the three free-standing, beachfront villas will comprise two to four bedrooms furnished with a personal walk-in closet, living room, separate dining area, private pool and outdoor shower. When New World Nha Trang Hotel opens its doors, watersports from diving to rafting, surfing and snorkeling in the beautiful Vega Nha Trang Bay coral reef are sure to be on guests’ agendas, but land-based sightseeing will also be a must. -- BERNAMA Anantara Vacation Club has announced that it will expand its cooperation with Wanda Hotels & Resorts to provide Club Points Owners with more domestic hotel choices in mainland China.
Bangkok, TH, Dec 16 (Bernama-GLOBE NEWSWIRE) -- Anantara Vacation Club, Southeast Asia’s premier points-based vacation ownership programme, has announced that it will expand its cooperation with Wanda Hotels & Resorts, one of China’s largest luxury hotel management companies, to provide Club Points Owners with more domestic hotel choices in mainland China. In 2020, the COVID-19 pandemic swept across the world. Anantara Vacation Club, which has a large presence in Southeast Asia, worked quickly to adjust strategy, by actively expanding with partners in China. ‘The China Collection’ was established for China-based Points Owners, with the first batch of hotels including a portfolio of over 15 partner hotels in mainland China. This new domestic collection enables Anantara Vacation Club Points Owners to enjoy a wealth of travel options throughout the country while international travel restrictions remain in place. Recently, Anantara Vacation Club announced that it will continue to expand its cooperation with Chinese partner, Wanda Hotels & Resorts. The joint-partnership with Wanda Hotels & Resorts will continue until the end of 2021, with 22 new properties being introduced in popular tourist destinations such as Chongqing, Guilin, Nanjing, Wuhan, Zhengzhou and Taiyuan. "2020 has been a very challenging year for the hospitality and tourism industries. Despite the lingering effects of the pandemic, Anantara Vacation Club has not slowed its development pace. Currently, we are monitoring the consumer environment and using innovation to quickly meet the needs of our Club Points Owners around the globe." said Maurizio Bisicky, Chief Operating Officer of Anantara Vacation Club. "Our cooperation with Wanda Hotels & Resorts has proven to be a successful example. Since the launch of ‘The China Collection’, our Club Points Owners have booked more than 1,300 room nights with Wanda Hotels & Resorts. The reception we have received has been very positive.” The newly added properties are now open for bookings, and will be available for stays from 1 January 2021 until 31 December 2021. As Anantara Vacation Club continues to meet the needs of Club Points Owners in China and around the globe, new Preview Operations are being established to provide China-based guests with a more comprehensive understanding of Anantara Vacation Club, and the benefits afforded by Club Points Ownership. In partnership with Wanda Hotels & Resorts, a new Preview Centre has already opened to the general public in Kunming, with additional Preview Centres in Chongqing and Nanjing scheduled to open early next year. http://mrem.bernama.com/viewsm.php?idm=38953 HONG KONG, Dec 18 (Bernama-BUSINESS WIRE) -- AM Best has maintained the under review with positive implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Century Insurance Company (Guam) Limited (CIC Guam) (Guam).
These Credit Ratings (ratings) were initially placed under review on 3 July 2019, following an announcement that DB Insurance Co., Ltd. (DBI) entered into an agreement with CIC Guam’s parent company, Tan Holdings Corporation (THC), to acquire an 80% stake in each of THC’s three insurance subsidiaries, including CIC Guam and two other insurers in Saipan and Papua New Guinea. DBI also was expected to secure the management rights in all three companies. At that time, AM Best indicated that the ratings would remain under review until the transaction was completed, and an assessment of the subsequent impact to CIC Guam’s business profile and other credit fundamentals could be determined. Based on AM Best’s recent conversations with company management, THC and DBI remain in close contact on this transaction. Currently, there is no clear date for closing; however, CIC Guam does continue to operate unencumbered by this ongoing development. Despite a continued contraction in premium volume for the nine-month period that ended Sept. 30, 2020, which led to further increase in underwriting expense ratio, CIC Guam’s combined ratio decreased significantly to 88.2% from 100.2%, mainly due to lower claims volume over this period. CIC Guam’s ratings will remain under review until the resolution of the transaction and AM Best has the necessary information to assess the full rating impact. Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication. This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases. AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com. Copyright © 2020 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on businesswire.com: https://www.businesswire.com/news/home/20201217005785/en/ Contact Jason Shum Associate Director, Analytics +852 2827 3424 [email protected] Christie Lee Senior Director, Analytics +852 2827 3413 [email protected] Christopher Sharkey Manager, Public Relations +1 908 439 2200, ext. 5159 [email protected] Jim Peavy Director, Communications +1 908 439 2200, ext. 5644 [email protected] Source : AM Best CHIBA, Dec. 17, 2020 /Kyodo JBN-AsiaNet/ --
- CHI-BA+KUN Promotes Charms of Chiba Prefecture on Facebook - The Chiba Prefectural Government has been introducing popular tourist spots for viewing colorful autumn leaves on its official mascot character CHI-BA+KUN's Facebook page since November 11, 2020. Since Chiba Prefecture is close to Tokyo, not only is enjoying autumn leaves convenient, but visitors can also appreciate fall foliage at various spots such as gorges, temples, and parks. Furthermore, the Chiba Prefectural Government is introducing various attractions such as tourist spots and delicious foods to the people of Taiwan, Thailand, Malaysia, Singapore, and Vietnam as part of its efforts to let them know about Chiba Prefecture. Relevant information is available on the Facebook pages. Please scan the QR codes from the following URL for each Facebook page. Reference: Posting on Facebook in each country or region https://kyodonewsprwire.jp/release/202012098369?p=images 1. About Facebook pages (1) Taiwan Title: CHI-BA+KUN Launch date: July 28, 2016 (2) Thailand Title: Chibakun Japan Launch date: Nov. 16, 2018 (3) Malaysia Title: Chibakun Japan for Malaysia Launch date: Dec. 17, 2019 (4) Singapore Title: Chibakun Japan for Singapore Launch date: Dec. 17, 2019 (5) Vietnam Title: Chibakun Japan for Vietnam Launch date: Dec. 17, 2019 2. Chiba Prefecture's mascot: CHI-BA+KUN CHI-BA+KUN is a curious creature born and living in Chiba Prefecture. Full of curiosity, he loves to challenge everything. When he ventures into the unknown, courage and passion spring afresh, making his body glow with red. In addition, CHI-BA+KUN loves to eat and is sometimes mischievous. (Date of birth: Jan. 11, 2007) CHI-BA+KUN's side profile represents the shape of Chiba Prefecture. Source: Chiba Prefectural Government SINGAPORE, Dec 17 (Bernama-BUSINESS WIRE) -- Tricor Group (Tricor), Asia's leading business expansion specialist providing integrated business, corporate, investor, human resources and payroll, corporate trust and debt services, announced today the Singapore launch of its Boardfolio platform, a secure and easy-to-use, virtual board portal that manages the full lifecycle of board and committee operations digitally.
The launch of Boardfolio in Singapore marks the next phase of a strategic partnership that Tricor formed with leading board portal provider Praxonomy in November 2019, which paired Tricor’s corporate governance suite with Praxonomy's secure digital board portal. Anchored by two technology solutions, including EZBoard and the SPOT collaboration between 3 Hong Kong, City University of Hong Kong, Microsoft and TFI Digital Media Limited, the launch of Boardfolio in Singapore and across key markets in ASEAN. Gary Tok, Tricor Group Chief Commercial Officer, said: “A commitment to corporate governance and board excellence is a vision that Tricor shares with regulators and our clients alike. Amid business disruptions, lockdowns, travel restrictions and health concerns around gathering in groups, the COVID-19 pandemic has forced companies to reconsider board engagement. After seeing significant traction and success with our Boardfolio solution in Hong Kong, where Tricor serves more than 50% of all listed companies, we have now launched the offering in Singapore and look forward to delivering the best and most innovative governance solutions available to today’s board leaders.” Ho Lon Gee, CEO & Managing Director, Tricor Singapore, said: "Now more than ever, companies in Singapore and their governing bodies are demanding solutions that allow them to rapidly virtualize and circumvent the widespread disruptions of COVID-19. Tricor serves over 25% of all listed companies in Singapore and Boardfolio empowers a swift digital transformation and the benefits will reverberate long after the pandemic, enhancing shareholder participation, reducing the company secretary’s workload, driving collaboration, strengthening data security and ensuring compliance with regulatory requirements in the long term.” Eva Loong, Director of Group Commercial, ASEAN, Tricor Group, said: “In these times of uncertainty, digital transformation can mean the difference between businesses surviving, thriving or shuttering. And with scrutiny of board practices on the rise, companies are left particularly vulnerable in the area of board governance and compliance. Boardfolio enables immediate and seamless collaboration between the Board of Directors and management, helping companies stay ahead of changes and achieve board excellence. By driving end-to-end digitization of board operations, our end-goal with Boardfolio is to ultimately raise the performance level for our clients.” About Tricor Group Tricor Group (Tricor) is the leading business expansion specialist in Asia, with global knowledge and local expertise in business, corporate, investor, human resources & payroll, corporate trust & debt services, and strategic business advisory. Tricor provides the building blocks for, and catalyzes every stage of clients’ business growth, from incorporation to IPO. Tricor has had a rapid expansion through organic growth and development as well as partnerships, mergers and acquisitions. The Group today has over 50,000 clients globally (including 20,000 clients in Mainland China), a staff strength of over 2,700 and a network of offices in 47 cities across 21 countries / territories. Our client portfolio includes over 1,500 companies listed in Hong Kong SAR and Mainland China, ~500 companies listed in Singapore and Malaysia, and more than 40% of the Fortune Global 500 companies, as well as a significant share of multinationals and private enterprises operating across international markets. In March 2017, the Permira Funds became the controlling shareholder of the Tricor Group, alongside management. Visit: www.tricorglobal.com View source version on businesswire.com: https://www.businesswire.com/news/home/20201216005649/en/ Contact For more information, please contact: HONG KONG SAR (GROUP OFFICE) Sunshine Farzan Tricor Services Limited Group Head of Marketing & Communications Tel: +852 2980 1261 Email: [email protected] Source : Tricor Group |
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