Fintech PR
BEA Marks the Inauguration of BEA Tower in Qianhai
BEA Tower signifies the Bank’s dedication to supporting the development of the GBA
HONG KONG, Jan. 12, 2024 /PRNewswire/ — The Bank of East Asia, Limited (“BEA” or the “Bank”) today celebrated the inauguration of BEA Tower in Qianhai, its strategic hub in the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”). The occasion coincides with the Bank’s 105th anniversary, marking a significant milestone in BEA’s century-long development on the Chinese Mainland and its dedication to the GBA’s development.
BEA Tower is located in the Qianhai Shenzhen-Hong Kong Cooperation Zone. The inauguration was officiated by Mr. Paul Chan Mo-po, Financial Secretary of the Government of the Hong Kong Special Administrative Region (“HKSAR”); Mr. Wang Qiang, Member of the Standing Committee of the Shenzhen Municipal Committee of the Communist Party of China (“CPC”), Director-General of the United Front Work Department of the Shenzhen Municipal Committee of the CPC; Mr. Lv Feng, Deputy Director-General of the Economic Affairs Department of the Liaison Office of the Central People’s Government in the HKSAR; Dr. Tong Shi-qing, Deputy Director General of the Guangdong Financial Supervisory Authority; Mr. Arthur Yuen, Deputy Chief Executive, Hong Kong Monetary Authority; Mr. Kuok Khoon-hua, Chairman and Chief Executive Officer of Kerry Properties Limited, the Bank’s joint-venture partner for the development of BEA Tower; Dr. David Li, Executive Chairman of BEA; Professor Arthur Li, Deputy Chairman of BEA; and Mr. Adrian Li and Mr. Brian Li, Co-Chief Executives of BEA. Also joining the inauguration were the board of directors and executives of the Bank and Bank of East Asia (China) Limited (“BEA China”), and officials of Qianhai Authority and other Chinese Mainland government bodies.
In a pre-recorded video message, Mr. John KC Lee, Chief Executive of the HKSAR, said, “The HKSAR Government attaches great importance to strengthening and leveraging Hong Kong’s competitive edge in financial services. Hong Kong’s internationalised market, product offerings and talent pool can make proactive contributions to the financial liberalisation and innovation of the GBA not only in such established sectors as securities, banking, insurance, and asset management, but also in the emerging fields of green finance and fintech. I encourage BEA to capitalise on the immense opportunities presented by the development of Qianhai to continue to play an active role in the development of the GBA and contribute to our nation’s high-standard opening up as a home-grown Hong Kong business.”
Mr. Paul Chan Mo-po, Financial Secretary of the HKSAR Government, said, “Qianhai is a major cooperation platform for the Guangdong-Hong Kong-Macao Greater Bay Area, holding a frontier position for national reform and opening up. It is an important national initiative to support Hong Kong’s economic and social development, enhance the level of cooperation between Guangdong, Hong Kong, and Macao, and construct a new layout of opening up. In this new era and journey of China’s modernisation for building a strong nation, Guangdong, Hong Kong, and Macao are strengthening their co-development and speeding up the formation of a new system for good-quality, highly efficient modern service industry.
Mr. Wang Qiang, Member of the Standing Committee of the Shenzhen Municipal Committee of the CPC, said, “This year marks the 75th anniversary of the founding of the People’s Republic of China, and is also a crucial year for achieving the objectives and initiatives outlined in the 14th Five-Year Plan. Shenzhen will focus on driving economic development and high-quality growth to spur the creation of an economic hub with greater global influence and a modern international metropolis. We hope BEA will continue to play an increasing role in the economic and social development of Shenzhen, fully leveraging the synergies of cross-boundary collaboration.”
Mr. Adrian Li, Co-Chief Executive of BEA, commented, “The official inauguration of BEA Tower represents a milestone for our business development in the region. This building will serve as our strategic hub for the GBA, facilitating closer collaboration between members of the BEA Group and enabling us to provide more seamless cross-boundary services to our customers.”
Mr. Brian Li, Co-Chief Executive of BEA, said, “BEA has always been a supporter of the continuous development of Qianhai. Among our key business segments in the GBA, we have established our presence in securities, investment, asset management, and fintech in Qianhai. BEA Tower demonstrates our unwavering confidence in the prospects of the economy and business in the Chinese Mainland.”
BEA Tower has 18 floors and 5 underground levels. It houses BEA China’s flagship Shenzhen Branch, a fintech innovation centre cum startup collaboration platform – BEAST (which stands for BEA + Startups), a Data Lab and other BEA subsidiaries.
With a recognised presence across all 9 GBA cities in the Mainland, BEA offers a comprehensive range of cross-boundary banking services by leveraging its onshore and offshore platforms to meet the needs of personal and corporate customers.
In addition, BEA is committed to advancing innovation and supporting a vibrant fintech ecosystem in the region. BEAST, BEA’s fintech platform that was first established in Hong Kong in September 2022, has expanded its reach to Qianhai. Launched in October 2023, Qianhai BEAST enables the Bank to connect with the wealth of talent and expertise in Shenzhen’s thriving fintech community. BEAST Qianhai benefits BEA and its customers with co-created solutions, while also facilitating broader regional collaboration.
BEA continues to strengthen its capabilities with innovative solutions. Its refreshed brand identity reflects the sustainable, digital-led and customer-centric bank that BEA is today and its commitment to empowering its customers to manage their financial well-being.
About The Bank of East Asia, Limited
Incorporated in 1918, The Bank of East Asia, Limited (“BEA”) is a leading Hong Kong– based financial services group listed on The Stock Exchange of Hong Kong, with total consolidated assets of HK$872.1 billion (US$111.3 billion) as of 30th June, 2023.
BEA provides a comprehensive range of corporate banking, personal banking, wealth management, and investment services to customers through an extensive network of about 150 outlets covering Hong Kong, the rest of Greater China, Southeast Asia, the United Kingdom, and the United States. For more information, please visit www.hkbea.com.
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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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- 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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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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