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PR Newswire

Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit

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– Reimagined ADSW 2021 comprises high-level virtual events including ADSW Summit, IRENA Assembly, Abu Dhabi Sustainable Finance Forum, Atlantic Council Global Energy Forum, Youth 4 Sustainability Virtual Forums and World Future Energy Summit Webinars

– Global leaders from policy, industry and technology to explore social, economic and technological opportunities for delivering a green recovery

ABU DHABI, United Arab Emirates, Jan. 18, 2021 — H.S.H Prince Albert II of Monaco, Head of State, Principality of Monaco will deliver a keynote address at Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, which runs from 18-21 January 2021 as a reimagined virtual event this year.

 

Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit
Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit

 

His speech on national resilience in the face of COVID-19 at the ADSW Summit on 19 January, will follow the keynote by His Excellency Dr. Sultan Ahmed Al Jaber, UAE’s Minister of Industry and Advanced Technology and Special Envoy for Climate Change and Chairman of Masdar, and is expected to help set the agenda for a green recovery in a post-pandemic world.

ADSW Summit will feature more than 70 high-level speakers from around the world and broadcast online across different time zones to engage audiences across various geographies and markets. The agenda runs over three two-hour sessions that focus on the pillars of "Live & Move," "Care & Engage," and "Work & Invest," with each pillar exploring social, economic and technological opportunities to set and support a sustainable recovery.

The speakers at the one-day virtual ADSW Summit will also include: H.E. Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO Mubadala Investment Company; H.R.H Prince Khaled bin Alwaleed bin Talal Al Saud, Founder and CEO, KBW Ventures; H.E. Grace Fu, Minister for Sustainability and the Environment of the Republic of Singapore; H.E. Sheikha Bodour bint Sultan Al Qasimi, Founder & CEO, Kalimat Publishing Group; H.E. Eng. Awaidha Murshed Al Marar, Chairman of Abu Dhabi Department of Energy; Francesco La Camera, Director General, IRENA; Maimunah Mohd Sharif, Executive Director UN-Habitat; Noel Quinn, Group Chief Executive Officer, HSBC Holdings; Laurence Fink, Chairman and CEO BlackRock; and Dr. Lucas Joppa, Chief Environmental Officer, Microsoft, in addition to many other high-level speakers.

ADSW 2021, which is supported by Abu Dhabi’s Department of Energy as a Principal Partner, will feature a series of high-level virtual events, including the ADSW Summit, IRENA Assembly, Abu Dhabi Sustainable Finance Forum, Atlantic Council Global Energy Forum, Youth 4 Sustainability Virtual Forums and the World Future Energy Summit Webinars.

Through initiatives and events, ADSW is committed to the sharing of knowledge, implementation of strategies and the delivery of real-world solutions to address the challenges related to sustainability and climate change. As the first global event in the UAE’s Golden Jubilee year, ADSW 2021 will help galvanize further collaboration among government, business and community stakeholders to achieve the United Nations’ Sustainable Development Goals

For over a decade, Abu Dhabi has provided a sustainable platform for the global community that has grown through its initiatives and events to emerge as a thought leader and catalyst that accelerates sustainable development around the world.

The 2020 edition of Abu Dhabi Sustainability Week hosted around 45,000 attendees from 170 countries, with more than 500 high-level speakers from around the world.

To ensure the safety of all participants, ADSW 2021 and all related high-level events will take place virtually. The physical program of ADSW will return in 2022.

Register now for the ADSW Summit at www.adsw.ae

About Abu Dhabi Sustainability Week

Abu Dhabi Sustainability Week (ADSW) is a global platform for accelerating the world’s sustainable development. The week brings together a unique fusion of policy makers, industry specialists, technology pioneers and the next generation of sustainability leaders. Through its initiatives and events, ADSW is a catalyst for sharing knowledge, implementing strategies and delivering solutions to drive human progress.

ADSW is committed to furthering our understanding of the major social, economic and environmental trends shaping the world’s sustainable development. 

About Masdar

Abu Dhabi’s renewable energy company Masdar is advancing the commercialization and deployment of renewable energy, sustainable urban development and clean technologies to address global sustainability challenges. Wholly owned by Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, our mandate is to help maintain the UAE’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations. Today, Masdar is active in more than 30 countries, including the UAE, Jordan, Saudi Arabia, Mauritania, Egypt, Morocco, the UK, the US, Australia, Spain, Serbia, India, Indonesia, Uzbekistan, and many more.

 

 

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PR Newswire

Caohejing Hi-Tech Carnival in Shanghai Plays Host to First FinTech Competition; Peers into the Future of the Financial Sector

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SHANGHAI, Jan. 15, 2021 — The first FinTech competition of the Caohejing Hi-Tech Carnival was held on January 13. The competition was hosted by the Shanghai Lingang Economic Development (Group) Co., Ltd., and organized by the Shanghai Caohejing Hi-Tech Park Development Corporation and the Shanghai Lingang Economic Development Group Asset Management Co., Ltd, under the guidance of the Shanghai Office for the Promotion of Science and Technological Innovation, the Xuhui and Minhang Districts People’s Government and supported by Deutsche Bank (China) Co. Ltd.

First FinTech Competition
First FinTech Competition

In his opening speech, Liu Wei, Vice President of Lingang Group said: "In the era of the digital economy, digital technology and FinTech will support China’s digital economy. Lingang Group understands that many micro, small and medium-sized technological enterprises in the Caohejing Hi-Tech Park are facing difficulties such as obtaining financing and the high cost of financing. Innovative financial technology can bring new ideas and new solutions to corporate financing problems. Lingang Group, with its solid industrial base and concentrated innovation resources will provide multi-resources for the development of financial technology."

In the keynote speeches that followed, Professor Ricarda Bouncken, Chief Professor of Strategic Organizational Management at the University of Bayreuth, Germany; Zhu Yi, Head of Innovation and Fintech Solution for Corporate bank, Deutsche Bank; Du Jianmin, Director of Global Strategic Services at KPMG Consulting; Zhang Guofeng, Deputy Director of the Institute for Artificial Intelligence and Change Management of Shanghai University of International Business and Economics and Secretary General of Shanghai Opensource Information Technology Association; shared their views regarding the topic, Digital Identity in Digital Transformation, How FinTech Serves Enterprises, FinTech Trends and Applications in the Asset Management Industry, and on the Concept of Public Infrastructure for Digital Finance, revealing the positive impact of the integration of technology and finance on the development of the industry.

In the afternoon, the final pitch began. After the preliminary and semi-final rounds, nine participating enterprises of MagicTrade Tech, Onchain Tech, NINGTON, Korange, HEXINFO, AlphaInsight, Meridian, FANHAN INFO, and JINGZHI Netword Technology successfully entered the final stage. All the winners were decided through pitches and on-the-spot questions from judges.

After the competition, the round table discussion on the theme: "how FinTech empowers the digital transformation of the industry" was organized. The conference was hosted by Zhang Peng. The participating guests included Yu Leimin, Partner of KWM and Fintech Expert, Wang Yonggang Zheng Wenhao, Lingang Blockchain Research Institute Vice-Principal, Liu Bin. Speakers shared their views on the new opportunities and new path of FinTech development.

The exciting award ceremony concluded the events of the day. Zhu Yi awarded prizes to the winners of University Projects. Zhou Liping, Deputy Director of Xuhui District Finance Office; Liu Bin; and Huang Jing, Assistant General Manager of Shanghai Lingang Economic Development Group Assets Management Co., Ltd, respectively awarded prizes to the winner, JINGZHI Netword Technology, the second prize Onchain Tech, FANHAN INFO, and HEXINFO, and third prize MagicTrade Tech, NINGTON, Korange, AlphaInsight, and Meridian. Zhang Guozhong, Deputy Director of Shanghai Technology Incubation Center, and Lai Haofeng, General Manager of Caohejing Incubation Center, presented the 2020 Caohejing Incubation Enterprise Graduating Certification to the enterprises and saluted their efforts in fostering the development of FinTech.

PR Newswire

China Literature Announces Sale of its Equity Interest in Lazy Audio for RMB1.08 Billion

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HONG KONG, Jan. 15, 2021 — China Literature Limited ("China Literature" or "the Company", stock code: 0772.HK), a leading online literature platform in China, today announced that it entered into a definitive agreement to sell a 39.8821% equity interest in Shenzhen Lanren Online Technology Co, Ltd ("Lazy Audio"), an audio platform in China, to Tencent Music Entertainment Group ("Tencent Music" or "TME", NYSE: TME), a leading innovative online music entertainment platform in China, for a total consideration of RMB1.08 billion in cash. The transaction is expected to close in the first half of 2021, subject to customary closing conditions. China Literature will no longer hold an equity interest in Lazy Audio upon the completion of the transaction.

Mr. Edward Cheng, Chief Executive Officer of China Literature, commented, "Our investment in Lazy Audio was a test pilot for China Literature’s audiobook strategy where we collaborated with Lazy Audio to convert China Literature’s premium IPs into audiobooks and deliver to a vast user base. In terms of corporate strategic outcome and generating a return on investment, the overall investment was, without a doubt, a huge success. The TME-Lazy Audio transaction will continue to elevate TME’s and Lazy Audio’s audio content production and distribution capability. This will in turn benefit China Literature, as our business partnership with both TME and Lazy Audio will continue. As we join forces on future collaboration with TME and other audio platforms, we expect to continuously distribute China Literature’s premium content to our expanding user base. We believe this marks an important step to further maximize the value of China Literature’s IPs."

About China Literature Limited

China Literature Limited is a pioneer in the online literature market and operates China’s leading online literature platform. The Company owns nine major branded products. Among these, QQ Reading, a unified mobile content aggregation and distribution platform, is the flagship product. Other branded products focus on individual genres and their respective fan bases. China Literature’s shareholder and strategic partner, Tencent, provides the Company with exclusive content distribution access via its suite of leading mobile and Internet products, including Mobile QQ, QQ Browser, Tencent News, Weixin Reading and Tencent Video. The Company also has distribution beyond the Tencent platforms by pre-installing Apps on handsets partners such as OPPO, Huawei and VIVO, as well as licensing content to third-party partners such as Baidu, Sogou, JD.com and Xiaomi Duokan. China Literature monetizes its vast and proprietary content library mainly through online paid reading and content adaptations for a variety of entertainment formats. China Literature’s diverse and high-quality content library is a significant competitive advantage that lies at the core of its business model. In 2018, China Literature further expanded its content capabilities downstream by acquiring New Classics Media, a renowned TV series, web series and film production company in China. For more information, please visit http://ir.yuewen.com/.  

Contact

For investors / analysts:

For media:

Maggie Zhou

Vivian Wang

Tel: +8621 6187 0500 ext. 80605

Tel: +852 2232 3978

Email: IR@yuewen.com

Email: vwang@Christensenir.com

Forward-Looking Statements

This press release contains forward-looking statements relating to the industry and business outlook, forecast business plans and growth strategies of the Company. These forward-looking statements are based on information currently available to the Company and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, some of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in future. Underlying the forward-looking statements is a large number of risks and uncertainties. Further information regarding these risks and uncertainties is included in our other public disclosure documents on our corporate website.

Related Links :

http://ir.yuewen.com/

PR Newswire

Future FinTech Group Inc. Announces the Closing of $15 Million Registered Direct Offering

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NEW YORK, Jan. 15, 2021 — Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain based e-commerce company and a service provider for financial technology, today announced that it closed the registered direct offering of 3,000,000 share of its Common Stock at a purchase price of $5.00 per share on January 13, 2021. The gross proceeds of this offering are $15,000,000. The Company issued a total of 3,000,000 shares of its Common Stock in the offering.  The net proceeds from this offering will be used for growth capital and general working capital purposes.

A.G.P./Alliance Global Partners acted as the sole placement agent for the offering.

All offers were made only by means of a prospectus, including a prospectus supplement pursuant to the Company’s effective shelf registration statement and base prospectus contained therein. The shelf registration statement on Form S-3 (File No. 333-224686) relating to the offering was previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective on December 11, 2020. A prospectus supplement related to the offering was filed with the SEC on January 13, 2021 and is available at www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, and these securities cannot be sold in any state in which this offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. 

For further details of this transaction, please see the Current Report on Form 8-K filed with the SEC on January 12, 2021, as amended which may be viewed at www.sec.gov.

About Future FinTech Group Inc.

Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects. The Company is also engaged in the development of blockchain based technology and services as well as financial technology services. For more information, please visit http://www.ftftex.com/.  

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2019 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

PR Newswire

Caohejing Hi-Tech Carnival Drives Forward with Vision to Digitalize Shanghai

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SHANGHAI, Jan. 13, 2021 — The 5th Caohejing Hi-Tech Carnival kicked off on the morning of January 12 with this year’s focus on chip design and fintech to explore how urban digitalization in Shanghai empowers the integrated circuit (IC) industry through financial innovation. In his opening speech, Lv Ming, President of Shanghai Lingang Group, discussed how Caohejing Hi-Tech Park has taken the lead in developing the digital economy by utilizing the well-developed electronic information industry.

the 5th Caohejing Hi-Tech Carnival
the 5th Caohejing Hi-Tech Carnival

In the process, Caohejing Hi-Tech Park brought together many leading enterprises in integrated circuits, AI technology, cloud computing, big data and internet-related service industries to promote integrative development. With the aim of forming industrial clusters and building an industrial ecology, it is now one of the largest hubs of the digital economy in Shanghai as well as a hub of innovation, service, headquarters and flow-based open economy.

This Year’s Hi-Tech Carnival

Integrated circuits are the cornerstone of the digital economy, of which fintech plays an important role. A forum themed "Finance Improves Chips: Capital Innovation Empowers the Future of the Semiconductor Industry" was held as part of the event. Investors, scholars and other industry leaders were invited to share the insights. Meanwhile, featured guests discussed the topic of "who will lead industrial innovation" from a capital and IC industry perspective and shared thoughts on urban digitalization and digital economy.

In his remarks, Lv Ming also noted that Lingang Group is now focusing efforts on building the "Oriental ChiPort" featuring integrated circuits and the "Information Flying Fish" global digital economy innovation island, which enjoys strong similarities with and complements Caohejing Hi-Tech Park. Lv said: "In the future, the event will join hands with the World Laureates Forum, "Star of Lingang" contest and other major events to create a favorable environment for innovation."

The carnival also marked the celebratory launch ceremony for the 10th anniversary of Zhangjiang National Innovation Demonstration Zone. Hou Jin, Deputy Director of Shanghai Office for the Promotion of Science and Technology Innovation Center, said that he hoped that in the context of comprehensive urban digitalization, Caohejing Hi-Tech Park will persist in increasing the park’s scale and achieving a larger economic aggregate and increased innovation.

The event was sponsored by Shanghai Lingang Group and organized by Shanghai Caohejing Hi-Tech Park Development Corp and Assets Management Co., Ltd of Shanghai Lingang Group, under the guidance of the Shanghai Office for the Promotion of Science and Technology Innovation Center, Xuhui District People’s Government and Minhang District People’s Government of Shanghai.

PR Newswire

LexisNexis Risk Solutions Honored with Chartis Research RiskTech100 Award for Financial Crime – Data for Third Straight Year

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ATLANTA, Jan. 13, 2021 — LexisNexis® Risk Solutions today announced that it has been recognized as the category winner for Financial Crime – Data in the Chartis Research RiskTech100®, an annual evaluation of the leading global risk technology providers. This is the third year in a row that Chartis recognized the company for the category award. LexisNexis Risk Solutions also ranked 17th in the RiskTech100®, the most comprehensive independent study of the world’s major players in risk and compliance technology.

 

"The category win by LexisNexis Risk Solutions for the third year running reflects the company’s depth in financial crime – and Anti-Money Laundering (AML) and Know Your Customer (KYC) in particular," said Phil Mackenzie, Senior Research Specialist at Chartis-Research. "The company continues to be strong in financial crime data, which can help firms make better risk decisions."

LexisNexis Risk Solutions combines advanced analytics and global identity intelligence with innovative financial crime technologies to deliver precise perspectives on ever-changing risks. This multi-layered approach enables businesses to efficiently recognize relevant risk and complete critical compliance processes. 

"As the threat environment and regulatory requirements constantly evolve, businesses need financial crime compliance data that is robust and highly-relevant," said Daniel Wager, vice president, global financial crime compliance strategy for LexisNexis Risk Solutions. "Our ability to win this prestigious award for the third year in a row demonstrates our commitment to continuously update our comprehensive global risk intelligence to reflect the current global risk realities."  

About LexisNexis Risk Solutions 
LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com and www.relx.com.

About Chartis Research
Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

Media Contact:
Marcy Theobald
678.694.6681
Marcy.Theobald@lexisnexisrisk.com 

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http://www.lexisnexis.com

PR Newswire

ATIF Holdings Limited Announces Its Client Listing on the Nasdaq Global Market on January 12, 2021

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LOS ANGELES, Calif., Jan. 13, 2021 — ATIF Holdings Limited (Nasdaq: ATIF, the "Group", "ATIF" or "we"), a company providing business consulting and media services in Asia and North America, announces the client of the Group, a China-based pharmaceutical and chemical products manufacturer, Qilian International Holding Group Limited (Nasdaq: QLI, "Qilian"), whose ordinary shares have been approved for listing on the Nasdaq Global Market and has commenced trading on January 12, 2021.

Qilian announced the pricing of its initial public offering ("Offering") of 5,000,000 ordinary shares at a public offering price of US$5.00 per share on January 12, 2021. Qilian expects to receive aggregate gross proceeds of US$25 million from this Offering, before deducting underwriting discounts and other related expenses. In addition, Qilian has granted the underwriters a 45-day option to purchase up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about January 14, 2021, subject to the satisfaction of customary closing conditions.

About Qilian International Holding Group Limited
Qilian International Holding Group Limited, headquartered in Gansu, China, is a pharmaceutical and chemical products manufacturer in China. It focuses on the development, manufacture, marketing and sale of licorice products, oxytetracycline products, traditional Chinese medicine derivatives product, heparin product, sausage casings, and fertilizers. The Company’s products are sold in more than 20 provinces in China. For more information, visit the company’s website at http://ir.qlsyy.net.

About ATIF Holdings Limited
Headquartered in Los Angeles, California, ATIF Holdings Limited ("ATIF") is a holding group with asset management, investment holding and media services sectors and provide business consulting services to small and medium-sized enterprises in Asia and North America, including going public consulting services, international business planning and consulting services, and financial media services. ATIF operates an internet-based financial consulting service platform IPOEX.com, which provides prestige membership services including online capital market information, pre-IPO education and matchmaking services between SMEs and financing institutions. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. For more information, please visit https://ir.atifchina.com/.

Forward-Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantee of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, income, expenditures, cash balances and other financial items; ability to manage growth and expansion; current and future economic and political conditions; ability to compete in an industry with low barriers to entry; ability to continue to operate through our VIE structure; ability to obtain additional financing in the future to fund capital expenditures; ability to attract new clients and further enhance brand recognition; ability to hire and retain qualified management personnel and key employees; trends and competition in the financial consulting services industry; a pandemic or epidemic; and other factors listed in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the anticipated results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management’s beliefs and assumptions only as of the date such statements are made. These forward-looking statements are made as of the date of this news release.

 

 

PR Newswire

Gibraltar BSN Launches Live Chat for Real-Time Customer Service

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KUALA LUMPUR, Malaysia, Jan. 12, 2021 — Gibraltar BSN Life Berhad ("Gibraltar BSN") today launched a live chat service on its corporate website to provide immediate and personalised support to its customers.

CEO Rangam Bir answering a customer’s query on the live chat From left to right: Susan Ong - Chief Marketing Officer, Gibraltar BSN Life Berhad; Chua Kim Soon - Chief Operations Officer, Gibraltar BSN Life Berhad; Rangam Bir - President & Chief Executive Officer, Gibraltar BSN Life Berhad; Lee Kok Wah - Chief Financial Officer, Gibraltar BSN Life Berhad
CEO Rangam Bir answering a customer’s query on the live chat From left to right: Susan Ong – Chief Marketing Officer, Gibraltar BSN Life Berhad; Chua Kim Soon – Chief Operations Officer, Gibraltar BSN Life Berhad; Rangam Bir – President & Chief Executive Officer, Gibraltar BSN Life Berhad; Lee Kok Wah – Chief Financial Officer, Gibraltar BSN Life Berhad

The live chat is available during operating hours and enables customers to obtain real-time information on their policies, latest products, and other pertinent information directly from a Customer Care Representative.

President and Chief Executive Officer Rangam Bir said, "We are pleased to elevate our customer experience with the launch of our live chat. Our data insights demonstrate that today’s customers prefer digital communication and the live chat allows us to seamlessly connect with customers in real-time while delivering quality service."

The launch of the live chat complements the life insurer’s other customer touchpoints such as its customer service call centre and GINA (Gibraltar INtelligent Assistant), an automated Chatbot providing instant customer service on WhatsApp 24-7. 

Bir added, "Our customers’ strong response to the launch of our digital initiatives supports our belief that going fully digital is the way forward. Today, almost all of our customer communication is paperless, 96% of premium payments are made digitally, and over 85% of policies are delivered digitally on WhatsApp. We will be advancing to an AI Chatbot in the near future and will continue leveraging digital to deliver superior customer service, increase customer engagement, and strengthen brand loyalty."

In light of its digital accomplishments such as the introduction of the country’s first WhatsApp e-Policy delivery system and partnership with Boost Malaysia to allow premium payments via Boost’s mobile e-wallet app, Gibraltar BSN was named Malaysia’s Digital Insurer of the Year by regional insurance publication InsuranceAsia News in 2019.

For more information please visit: www.gibraltarbsn.com 

For more information, please contact:

Sharie Elina Ibrahim

Brandon Luke Valladares

Head, Corporate Communications

Sr. Executive, Corporate Communications

Tel      : (03) 2298 2038

Tel     : (03) 2298 2039

Email : sharie.ibrahim@gibraltarbsn.com

Email : brandon.valladares@gibraltarbsn.com

 

Related Links :

http://www.gibraltarbsn.com

PR Newswire

Cognizant to Acquire Servian, a Leading Australian Data and Analytics Consulting Firm

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Acquisition Will Enhance Cognizant’s Digital Portfolio and Market Presence in Australia and New Zealand

SYDNEY, Jan. 11, 2021 — Cognizant (Nasdaq: CTSH) today announced it has entered into an agreement to acquire Servian, a Sydney, Australia-based, privately-held enterprise transformation consultancy specializing in data analytics, artificial intelligence, digital services, experience design, and cloud.

Servian is Cognizant’s 10th digital-focused acquisition announced since January 2020, highlighting Cognizant’s strategy to accelerate capabilities and growth in priority areas of data and artificial intelligence, digital engineering, cloud, and Internet of Things across the globe.

The acquisition of Servian significantly expands Cognizant’s integrated, end-to-end digital transformation capabilities in Australia and New Zealand (ANZ) to help clients move to the cloud, build digital products and services, unlock value from data, modernize enterprise applications, and achieve operational excellence.   

"Enterprises in Australia and New Zealand are at an inflection point in their digital adoption," said Jane Livesey, CEO, Cognizant Australia and New Zealand. "Cognizant’s extensive digital expertise combined with Servian’s strengths as the premier technology partner in the region will open up the full power of digital transformation for our Australasian clients. We look forward to welcoming Servian’s talented digital-native professionals to Cognizant."

"Enabling clients to leverage their data assets for accelerating business transformation and driving competitive advantage is at the heart of our success," said Tony Nicol, Founder and CEO, Servian. "We share Cognizant’s passion for innovation powered by digital technologies. With Cognizant’s deep industry expertise and global scale, we will be able to apply our strengths in strategic advisory, engineering delivery, and managed services across an even broader spectrum of challenges and opportunities presented by the digital economy."

Cognizant’s more than 1,200 professionals in Australia serve more than 110 clients, including top Australian banks, insurers, retailers, and communications companies. In the last few years, the company has consistently strengthened its in-country cloud, product engineering, platform, Salesforce, and Workday capabilities to expand its digital business in Australia.        

Founded in 2008, Servian has worked with more than 190 major companies in ANZ in the banking, telecommunications, insurance, retail, and government sectors, including eight of ANZ’s 15 largest companies. Upon the close of the acquisition, Servian’s more than 500 technology and consulting professionals, based primarily in Australia and New Zealand, will join Cognizant, doubling the size of Cognizant’s cloud and data team in ANZ.

Servian brings expertise in all major digital technologies and has partnerships with the largest names in the industry, including Google, Microsoft, Amazon Web Services, Salesforce, Snowflake, Oracle, HashiCorp, Talend, Informatica, and Red Hat. The company was named Google’s Service Partner of the Year in 2019, Snowflake’s Let It Snow and Snow Mate Australia in 2019, HashiCorp’s APJ Services Partner of the Year in 2020, and Talend’s APAC Partner of the Year Value-Added Reseller in 2020.  

The transaction is expected to close in the first quarter of 2021, subject to regulatory clearance and other closing conditions. Financial details were not disclosed.

About Servian
Servian is a leading data consultancy in the Australasian region, whose mission is to enable customers to use their data to build competitive advantage. Servian provides services across data and analytics, cloud infrastructure, DevOps, UI/UX, customer engagement, cybersecurity, artificial intelligence, and IoT. Servian also provides advisory services to help organizations define and execute on their IT strategy, as well as managed services to manage and run platforms on behalf of its customers. Servian is a technology-agnostic, consultant-led organization that has a strong continuous learning culture. To learn more about Servian, visit https://www.servian.com.

About Cognizant
Cognizant (Nasdaq-100: CTSH) is one of the world’s leading professional services companies, transforming clients’ business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 194 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant.

Forward-Looking Statements
This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. These statements include, but are not limited to, express or implied forward-looking statements relating to expectations regarding the anticipated closing of the acquisition of Servian and the impact of the acquisition of Servian on the business and prospects of Cognizant. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, changes in the regulatory environment, including with respect to immigration and taxes, and the other factors discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.

For further information, contact:

U.S.:

Jodi Sorensen

jodi.sorensen@cognizant.com

Europe:

Grazia Valentino-Boschi

grazia@cognizant.com

Asia-Pacific:

Harsh Kabra

harsh.kabra@cognizant.com

   

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PR Newswire

SOS Ltd. Announces Pricing of Approximately $25.0 Million Registered Direct Offering

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QINGDAO, China, Jan. 8, 2021 — SOS Limited (NYSE: SOS) (the "Company" or "SOS"), a high-tech company providing a wide range of data mining and marketing analysis services to its corporate and individual members in China, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase $25,021,250 worth of its American Depositary Shares ("ADS") and warrants in a registered direct offering.

Under the terms of the securities purchase agreement, the Company has agreed to sell 13,525,000 ADSs and warrants to purchase 13,525,000 ADS. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $1.85. The warrants will expire five years from the date of issuance. The purchase price for one ADS and one corresponding warrant will be $1.85. The determination of the purchase price was based on the average of the Company’s closing stock price over the past five trading days.

 The gross proceeds to the Company from the registered direct offering are estimated to be $25,021,250 before deducting the placement agent’s fees and other estimated offering expenses. The registered direct offering is expected to close on or about January 12, 2021, subject to the satisfaction of customary closing conditions. The Company intends to use the proceeds from the offering to develop its planned blockchain-based security and insurance technology business as well as for working capital and general corporate use.

Maxim Group LLC is acting as sole placement agent in connection with this offering.

The securities described above are being offered by the Company pursuant to a shelf registration statement on Form F-3 (File No.: 333-250145) filed with the Securities and Exchange Commission (the "SEC") dated November 17, 2020, and declared effective on November 30, 2020. A prospectus supplement related to the offering will be, filed with the SEC and available on the SEC’s website at http://www.sec.gov. Copies of the prospectus supplement relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, by telephone: at (212) 895-3500.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About SOS Limited

SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company providing a wide range of services to its corporate and individual members, including marketing data, technology and solutions for emergency rescue services. SOS is focused on the research and development of big data, cloud computing, Internet of Things, blockchain and artificial intelligence. We have created a SOS cloud emergency rescue service software as a service (SaaS) platform with three major product categories, including basic cloud (medical rescue card, car rescue card, financial rescue card, mutual assistance rescue card), cooperative cloud (information rescue center, intelligent big data, intelligent software and hardware), and information cloud (News Today, E-Commerce Today). This system provide marketing-related data, technology solutions, and technology-driven big data to clients such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers and other service providers in the emergency rescue services industry. SOS has obtained a national high-tech enterprise certification, the title of "big data star enterprise" awarded by Gui’an New District Government, and has registered 96 software copyrights and 2 patents. For more information, please visit: http://www.sosyun.com/ 

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties; SOS’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities market acceptance of our products; the ultimate impact of the current Coronavirus pandemic, or any other health epidemic, on our business, our research programs, healthcare systems or the global economy as a whole; our intellectual property; our reliance on third party organizations; our anticipated financial and operating results, including anticipated sources of revenues; our assumptions regarding the size of the available market, benefits of our product offering, product pricing, timing of product launches; management’s expectation with respect to future acquisitions; statements regarding our goals, intentions, plans and expectations, including the introduction of new products and markets; and our cash needs and financing plans and etc. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. SOS may not realize its expectations, and its beliefs may not prove correct. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Additional information concerning these and other factors that may impact our expectations and projections can be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2019. SOS’s SEC filings are available publicly on the SEC’s website at www.sec.gov. SOS disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

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