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UEM Edgenta Elevates Middle East Presence Through A Strategic Partnership

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Partnership sees 60% Stake in Leading Tech-Enabled Property Management Services Firm in UAE

DUBAI, United Arab Emirates, Dec. 4, 2023 /PRNewswire/ — UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), a leading provider of Asset Management and Infrastructure Solutions across the region, proudly announces its strategic partnership of a 60% stake in KAIZEN Group at the Conference of the Parties of the UNFCCC (“COP28“) in Dubai. KAIZEN Group is a tech-enabled property management services company headquartered in the UAE. 

With a remarkable 16-year track record, KAIZEN Group is a pioneer in tech-driven end-to-end property management services in Dubai. The group’s comprehensive offerings span across the real estate services value chain, from Handover Services, Property Management, Investment Advisory, Lease Management to Owners Association management. It currently manages a portfolio of over 130 projects for some of the notable real-estate landlords and developers in the UAE.

Notably, KAIZEN Group clinched awards in various categories including ‘Property Management Company of the Year,’ ‘Sustainable Community Award,’ and ‘Partnership Award-PropTech’ at Smart Built Environment 2023, alongside the ‘Happiest Residential Community of the Year’ at Customer Happiness Awards 2023. In 2022, the company was honoured with the ‘Best Property Management Company of the Year,’ ‘Most Customer-Centric Company of the Year,’ and ‘Best Digital Transformation of the Year’ at IRECMS. Moreover, it was recognized as the winner of ‘Property Management Company of the Year’ and ‘Partnership Award – PropTech’ at Smart Built Awards 2022. Additionally, KAIZEN Group achieved a milestone in 2022 by being among the first management companies to obtain the WELL Health-Safety Rating for its portfolio from the International WELL Building Institute (IWBI).

The immediate synergy between UEM Edgenta and KAIZEN Group’s property management and facility management capabilities is fast-tracking UEM Edgenta’s vision to curate an integrated real estate services platform. Further value will be unlocked by bringing UEM Edgenta’s smart buildings and sustainability solutions to meet the increasing sustainability focus in Dubai and the wider Middle East market.

“The principal goal of this partnership is to establish a comprehensive and integrated real estate services platform. Through the combined capabilities and brand franchise of UEM Edgenta, and KAIZEN Group, this strategic alliance is designed to adapt to the rapidly changing demand for end-to-end services and quality lifestyle experience by property owners and users, embedded with tech-driven and sustainability solutions”, commented Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM Edgenta.

“A focal point of this partnership is to integrate smart building technologies and sustainability solutions into KAIZEN Group’s operations, leveraging our Asseto, a Software as a Service (“SaaS”) asset management platform; and sustainability solutions expertise such as Energy Efficiency and Energy Performance Contracts. This augurs well with the real estate sector’s commitment to digitalisation and environmentally conscious practices”, he added.

“As a purpose driven organisation, KAIZEN has always pioneered the industry in delivering unique solutions to our clients and customers. The partnership with UEM Edgenta is a continuation of our commitment to deliver unique value to our customers by leveraging on UEM Edgenta’s leading technologies to transform our buildings to smart buildings, thus further reduce carbon footprint. Our strategic partnership is poised to redefine customer satisfaction by seamlessly integrating wellness, health, and happiness into every facet of our services. With a dedicated focus on our customers’ well-being, we are committed to delivering unparalleled, holistic experiences that resonate at the core of our mission. The partnership will also enable us to expand regionally and deliver more memorable experiences to a wider market. The team at Kaizen and I look forward to unleashing the possibilities together with UEM Edgenta to propel our ability to achieve Kaizen’s 2040 vision”, commented Fadi Marwan Alnwilati Almasri, Chief Executive Officer of KAIZEN Group.

UEM Edgenta’s vision to build an integrated real estate services platform is aligned with Dubai Master Urban Plan 2040 vision to enhance Dubai’s reputation as the best city for living, as a role model for overall-well-being. This partnership firmly establishes UEM Edgenta as a key player in shaping the urban landscape in line with Dubai’s forward-looking development goals; while at the same time reinforces the ‘Edgenta of the Future 2025’ vision to fortify its presence and influence in high-growth markets, simultaneously enhancing its services delivery and technology propositions. 

UEM Edgenta Group is excited about the myriad of new opportunities and synergies this partnership brings, solidifying its position as a key player in delivering innovative and sustainable real estate solutions in Dubai and the broader Middle East.

Present together with Managing Director/Chief Executive Officer of UEM Edgenta, at the exchange of documents ceremony was Fadi Marwan Alnwilati Almasri, the Chief Executive Officer of KAIZEN Group.

For further information on UEM Edgenta’s presence in the Middle East and its other initiatives, logon to https://www.uemedgenta.com.

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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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

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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PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf

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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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