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Singapore FinTech Festival 2021 sees 33% year-on-year growth in attendees

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The sixth edition of the Singapore FinTech Festival (SFF) with the theme “Web 3.0 and its impact on financial services” concluded on 12 November 2021. The week-long event attracted 60,000 attendees, representing a 33% year-on-year growth.

SFF 2021 drew over 2 million views. Viewership was extended with live broadcasts on local and international television networks and social media. Of the more than 160 countries represented, 52% of the registrations came from outside of Singapore – reflecting the global appeal of the Web 3.0 theme, and the quality of the content.

SFF 2021, which comprised keynote speeches, panel discussions, meetings, online learning, live events and innovation showcases saw participation from over 7,500 organisations and featured more than 700 speakers who shared insights across 240 hours of content. More than 260 exhibitors set up virtual booths, including 14 International Pavilions and 11 World FinTech Festival partners who hosted international satellite events. In keeping with the SFF’s mission to promote dialogue, over 4,000 virtual meetings conducted through the business matching platform.

22 innovation labs hosted physical and virtual tours and meetings for 3,800 participants[1], while side events including OXYGEN by APIX, SME Day, 11 World FinTech Festival events, SFF Mini Symposium[2], Elevandi Forum[3] and Deal Fridays[4], took place during the week.

Key highlights

The following are the key highlights of SFF 2021.

A platform for continued learning

In line with the theme of Web 3.0, SFF 2021 introduced a Web 3.0 certification programme to support learning, development and upskilling in Web 3.0 focus areas. Over 5,000 knowledge certificates were awarded digitally via blockchain technology to participants from over 80 countries. The certificates were issued by The Asian Institute of Digital Finance in partnership with the National University of Singapore. More knowledge certificates are expected to be awarded as the programme continues until 30 September 2022.

Also new this year was a dedicated SME Day where SME leaders and academics shared practical learnings on building strong and resilient businesses for the future. SME Day participants received a Digital Certificate of Knowledge. As of 14 November 2021, 84% of SME Day learners successfully earned a knowledge certificate. In collaboration with Digital Pilipinas in the Philippines, SFF supported the local community through the development of the I-ITERATE Digital Knowledge Certification. This programme focused on digital infrastructure to support Open Finance, RegTech, Risk & Cybersecurity, and InsurTech & HealthTech.

A new initiative launched at SFF this year is ATOMS, a not-for-profit initiative which provides a community where entrepreneurs connect and share meaningful insights. During SFF, ATOMS featured more than 45 short form videos across Asia-PacificUSA and Northern Europe, that entrepreneurs can listen to and learn from in 120 second, bite-sized videos via a free mobile app.

Launch of the Monetary Authority of Singapore (MAS)’ tech and innovation initiatives

MAS and its partner agencies made the following announcements to bring about new digital efficiencies and benefits to the financial sector:

  • National Artificial Intelligence Programme in Finance – MAS and the National AI Office (NAIO) launched the National Artificial Intelligence (AI) Programme in Finance to build deep AI capabilities within Singapore’s financial sector to strengthen customer service, risk management, and business competitiveness;

  • Phase two of SGFinDex – MAS and the Smart Nation and Digital Government Group launched the second phase of the Singapore Financial Data Exchange (SGFinDex), allowing individuals to now view information on their investment holdings at The Central Depository as part of their consolidated financial position;

  • Sandbox Plus – MAS announced Sandbox Plus, an enhancement to the MAS FinTech Regulatory Sandbox framework, to further catalyse financial innovation and FinTech adoption; and

  • Retail Central Bank Digital Currency (CBDC) paper – MAS released a paper outlining MAS’ preliminary assessment of the economic case for a retail CBDC in Singapore, and its potential implications for financial stability and monetary policy.

Industry collaboration and innovation initiatives

Several industry collaboration and initiatives were launched to drive innovation in the future of finance:

  • Digital platforms under Project Greenprint – MAS announced its partnership with the industry to pilot four digital platforms under Project Greenprint, to address the financial sector’s needs for good data on sustainability;

  • ChekFin on APIX – ChekFin, a decentralised credentials platform to enable financial institutions to obtain verified credentials of FinTech firms, such as business references, awards obtained, and investor funding records. ChekFin is a partnership among the ASEAN Financial Innovation Network, BCG FinTech Control Tower, and Affinidi, with MAS as a founding partner;

  • Cross-border digital payments – NETS announced integration of Alipay+ to enhance local merchants’ cross-border digital payments capabilities, and Western Union announced that it is supporting cross-border digital money movement with Singtel’s Dash; and

  • Small business financing – Mastercard launched the world’s first “Buy Now, Pay Later” commercial card solution for small business financing in APAC.

Innovation Awards

SFF 2021 also saw the launch of two new innovation challenges to solve industry problems – the Global CBDC Challenge which seeks to identify and develop retail CBDC solutions that increase payment efficiencies and improve financial inclusion and the Global Veritas Challenge which aims to address key challenges in validating the fairness of AI solutions for specific banking use cases. SFF 2021 also celebrated the winning solutions of the Global FinTech Hackcelerator, the SFF Global FinTech Awards and the Most Innovative FinTech e-Gifting Award.

International co-operation

A number of important international cooperation initiatives were also announced at SFF 2021, such as:

  • MAS and the Bangko Sentral ng Pilipinas signed an enhanced FinTech Cooperation Agreement to facilitate interoperable payments between Singapore and the Philippines;

  • Federal Councillor Ueli Maurer, in cooperation with finance.swiss, SFF and Elevandi announced the Europe-Asia FinTech Forum in Switzerland. This Forum will build a bridge between Asia and Europe and seek to bring together the very best technologists, with investors and leaders to develop innovative ideas and inclusive solutions; and

  • SFF 2021 added new partners such as the World Economic Forum and a continued partnership with the Milken Institute.

SFF is organised by MAS and Elevandi, in partnership with The Association of Banks in Singapore and in collaboration with Constellar Holdings. The SFF organising team thanks all our sponsors, partners and participants for being a part of this year’s event. We look forward to continued collaboration with the industry to bring together an exciting and impactful SFF 2022, from 7 to 11 November 2022.

Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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EQT AB Group

 

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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