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Zetrix and Web3Labs launch Zetrix Global Accelerator Programme

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Seeks Approval for Ecosystem ETFs

PETALING JAYA, Malaysia, Feb. 19, 2024 /PRNewswire/ — Zetrix, a leading layer-1 public blockchain platform by MY E.G. Services Berhad (“MYEG“), and Web3Labs Hong Kong, a Web3 development and investment powerhouse, today launched the Zetrix Global Accelerator Programme to incubate and nurture promising Web3 startups from all over the world with ecosystem support from Hong Kong’s progressive Virtual Asset (VA) ecosystem. The programme will open for applications in early March 2024, and successful applicants will be announced during the 2024 Hong Kong Web3 Festival, scheduled for 6-9 April, 2024.

With the objective of identifying the most promising ventures, the programme aims to admit up to 10 startups. These chosen projects will have the opportunity to leverage the Zetrix platform and be matched with government or enterprise stakeholders to build and deploy their innovative applications.

The six-month accelerator seeks projects that demonstrate evidence of product-market maturity and possess an innovative and clearly defined development pipeline that ideally can supplement Hong Kong’s virtual asset roadmap. Industries beckoning blockchain-based innovation in the city state include real-world asset (RWA) tokenisation, security token offerings and stablecoin innovation. The programme aims to introduce use cases in RWA, Environmental, Social, and Governance (ESG), and blockchain-based finance to enterprises, financial institutions, as well as government organisations. The partners of the programme, namely Zetrix, Web3Labs, and Summer Capital, will also work towards securing regulatory approval for exchange-traded funds (ETFs) that are partially backed by tokens issued by participants in this programme.

The launch of this accelerator follows an announcement in January that Zetrix, Web3Labs, and venture capital firm Summer Capital would form a strategic collaboration to establish Zetrix as the preferred blockchain infrastructure for Hong Kong government-aligned applications. As part of this initiative, a dedicated Global Accelerator Programme will incubate and nurture promising startups building applications on the Zetrix platform. This programme will provide mentorship, technical support, and access to funding opportunities to promising entrepreneurs who will contribute to Hong Kong’s Web3 landscape and benefit users from all around the world.

Benefiting from a partnership with Web3Labs, the programme leverages Web3Labs’ robust ecosystem network to facilitate connections with investment institutions, corporate partners, and industry experts. Overall, it opens up a world of business opportunities for the community within its network. With Web3Labs’ support in obtaining the necessary collaborations, whether they involve business partnerships, investment, or government support, startup teams can expect to establish development blueprints more quickly and directly.

Johnny Ng, member of the Chinese People’s Political Consultative Conference (CPPCC), Legislative Council member of Hong Kong Special Administrative Region (HKSAR) and advisor of Web3Labs commends the launch of this programme, stating that it further cements Hong Kong’s position as a progressive international financial centre that embraces Web3 developments.

“The Hong Kong government has been capitalising on Web3 trends responsibly – last year, the Hong Kong government announced the establishment of the Task Force on Promoting Web3 Development to provide recommendations on the sustainable and responsible development of Web3 in Hong Kong, and to encourage the adoption of blockchain technology. In 2022, the Government issued the Policy Statement on Development of Virtual Assets in Hong Kong, which sets out the policy stance and approach towards the sector. We are proud to be attracting global leaders like Zetrix and leading Web3 entrepreneurs to join us in developing Hong Kong into a Web3 hub and building a thriving Web3 ecosystem,” he says.

Joseph Chee, Chairman of Summer Capital, echoes Ng’s enthusiasm. “The remarkable advancements and business growth within the Web3 landscape in Hong Kong over recent years are evident to industry players. Zetrix’s entrance to Hong Kong is yet another testament to our dedication to embracing the market and its myriad opportunities,” he says.

TS Wong, co-founder of Zetrix, says: ‘We have always prioritised nurturing a flourishing Web3 ecosystem that transcends borders, fostering mutually beneficial relationships, and propelling the Web3 movement forward. We are thrilled to have the opportunity to collaborate with esteemed partners like Web3Labs and Summer Capital on this initiative,” he says.

“This programme strongly resonates with our vision on so many fronts, and it enables Zetrix to emerge as the preferred Layer-1 platform for blockchain applications that align with the Web3 vision of the Hong Kong government,” says Wong. Zetrix, he adds, also lends comprehensive technical support to participating projects, such as expertise in smart contract development and security audits.

About Zetrix

Zetrix is a layer-1 public blockchain that facilitates smart contracts and delivers privacy, security and scalability. Zetrix’s cryptographic infrastructure can be introduced to multiple industries to connect governments, businesses and their citizens to a global blockchain-based economy. Developed by MY E.G. Services Bhd, the cross-border and cross-chain integration with China’s national public blockchain Xinghuo BIF enables Zetrix to serve as a blockchain gateway that facilitates global trade by deploying critical building blocks for Web3 services such as Blockchain-based Identifiers (BID) and Verifiable Credentials (VC).

About Web3Labs

Web3Labs aims to respond to the policy statement from the Hong Kong Special Administrative Region (HKSAR) Government on the development of virtual assets in Hong Kong. Through on-the-ground support, investment acceleration, technical collaborations, and compliance assistance, Web3Labs is dedicated to helping global Web3 companies establish their presence in Hong Kong. Its goal is to create a one-stop gateway for Web3 entrepreneurs. As of the end of July 2023, Web3Labs has provided consultation or support for nearly 1,000 Web3 enterprises in terms of advice or on-the-ground services. In the face of global technological competition, Web3Labs strives to stay at the forefront of the market, understand the needs and challenges of entrepreneurs, and provide a legitimate, comprehensive, professional, and in-depth entrepreneurial environment. Web3Labs aims to foster national and even world-class unicorns, contributing to the steady advancement of the industry.

About Summer Capital

Summer Capital is a leading investment management and advisory firm with a presence in Hong Kong, mainland China and Southeast Asia dedicated to investing in early and growth stage companies in “new economy” sectors such as fintech, blockchain infrastructure and application, consumption technology and healthcare. Summer Ventures, an affiliate of Summer Capital Limited, is an institutional venture fund dedicated to promote and invest in “real world application” of blockchain technology and infrastructure, leveraging Summer Capital’s past experience of investments in blockchain and fintech industries since 2018.

For media inquiries, please contact Ms. Husna Helmy at +60 11-1154 8238

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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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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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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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