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SINGAPORE
– Media OutReach – 7 April 2020 – Bityard, the world’s leading
digital contract trading platform, has officially launched. According to
industry authoritative sources, Bityard has received a strategic investment
from a US hedge fund worth 10 million dollars, creating a precedent in the
industry for complex contracts and simple transactions. At Bityard, our
ambition is to foster research and development of relevant forward-looking
technology, overseas market expansion, and ecological construction of our brand
name.

 

Bityard was founded in November 2019 and is headquartered in
Singapore. It is the world’s leading digital currency contract trading
platform, regulated by the American Money Services Businesses, Singaporean
Accounting and Corporate Regulatory Authority (ACRA), and the MTR of Estonia
for the European Union. In Southeast Asia, Bityard will strive to keep up with
local digital asset market demand, especially with regards to government-driven
blockchain trends. Not only has Bityard attracted attention with secure,
simple, and fast digital contract transaction services, but we have also
acquired a Thai boxing champion as a brand ambassador of Bityard. He will
continue to set off waves of attention in his home country and beyond.

 

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The more turbulent the years, the more volatile the
cryptocurrency market. While everyone was still discussing the third halving of
the market, the “black swan” event, coughed forth by the fears of the
Coronavirus, ruthlessly cut the price of all cryptocurrencies in half, followed
by a quick rebound from the lowest point by more than 60%. Contract purchases
inevitably will become this year’s most competitive main battlefield on
exchanges. As a new entrant, the founder of Bityard knows clearly that in order
to gain a solid placement in the highly competitive contract market, innovation
must be achieved.

Bityard Has Now Officially Launched, Register now and earn 258 USDT for Free - Brand Spur

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Community of Hidden Potential: Those Who are Eager For
“Simplified Transactions”

After much research, it has been found that in the
increasingly mature digital currency market, a consumer group with high
potential has solidified. They all agree on the concept of contract trading and
expect to use leverage to magnify the benefits, but for this group of
consumers, contract transactions are complicated. To avoid liquidation, they
hesitate to participate in any such transactions. In view of the large number
of potential users in the cryptocurrency community craving simple contract
transactions and other derivatives, Bityard came in to existence.

Read Also:  Influential Brands Recognises Leading Asian Businesses That Demonstrates Outstanding Resilience During the COVID-19 Pandemic

 

Product Concept: Complex Contracts Simple Transactions

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Bityard always adheres to the product concept of “complex
contracts, simple transactions”, and aims to bring customers the ultimate
simple operation experience. Reporters have learned through interviews with
product management that the team has done a lot of work to get users up and
running quickly.

Opening an account is simple: you only need to register with
an email or mobile phone number, and you can become a Bityard user within 30
seconds.

Simplified topping-up: currently bityard supports the use of
6 mainstream digital currencies as a method of refilling a user’s account. Additionally,
the Renminbi as well as the Vietnamese Dong are both supported, and there are
plans to add more FIAT on-ramps in the future. There is also a system in place
to allow transferring of funds between superiors and subordinates which is
facilitated by agents.

Simple Trading: simplify the complex trading interface
functions. Users can trade from as little as 5 USDT.

In order to provide a fulfilling customer experience,
Bityard’s co-branded ambassador announced a fruitful launch of “daily mining”
activities. Starting from today, after each user registration, you can get free
Bitcoin, Ethereum, EOS, Tron, and more mainstream digital currencies for a
value of up to 258 USDT. In addition, you can also get Bityard’s first platform
currency BYD. After it has been listed its strengths will be well-established!

 

For more information consider registering an account at bityard today!
Check out www.bityard.com and
register an account for your experience and benefit!

Bityard Has Now Officially Launched, Register now and earn 258 USDT for Free - Brand Spur

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Bityard Has Now Officially Launched, Register now and earn 258 USDT for Free - Brand SpurBityard Has Now Officially Launched, Register now and earn 258 USDT for Free - Brand Spur

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Read Also:  SoftBank Corp. leads Series B investment round into travel- and mobility-app integrator, Splyt
Bityard Has Now Officially Launched, Register now and earn 258 USDT for Free - Brand SpurBityard Has Now Officially Launched, Register now and earn 258 USDT for Free - Brand Spur

Latest News

Asia Pacific Rayon Raises US$300m from National and International Affiliated Banks to Expand Production Capacity

  • Continued capital expenditure aims to boost production and support the recovery of Indonesian economy
  • Loan agreements aligned with Indonesian Government's strategy to drive investment growth in 2021
  • APR is a member of the RGE group of companies


JAKARTA, INDONESIA - Media OutReach - 12 April 2021 - Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated loan facility of Rp 4.5 trillion (US$300 million) with national and international affiliated banks. The funding will be used to support continued capital investment in the company's production facilities at Pangkalan Kerinci, Riau Province, Sumatra.

APR is vertically integrated through its supply chain, from renewable fiber plantations to high-value textile development. It commenced operations in 2019 and was formally inaugurated by President Jokowi Widodo in February 2020. APR plans to increase its production capacity over the coming year to capture the strong growth potential of viscose staple fiber (VSF), strengthening its market position in Indonesia and in export markets across the region. APR is a member of the RGE group of companies. Founded by Sukanto Tanoto, RGE manages a group of resource-based manufacturing companies with global operations.

The syndicated loan participating banks are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Pan Indonesia Tbk, PT Bank Pembangunan Daerah Jawa Barat, PT Bank Woori Saudara Indonesia 1906 Tbk and PT Bank KEB Hana Indonesia

The joint mandated lead arrangers and bookrunners for the syndicated loan are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, and PT BANK Pan Indonesia Tbk.

Basrie Kamba, Director, Asia Pacific Rayon, said: "This funding will be used to support continued investment in our operations in Kerinci. Rayon fiber, or viscose, is a textile raw material derived from sustainably managed plantations. As rayon is both renewable and biodegradable, it supports the trend towards sustainable fashion in Indonesia and in other markets around the world."

APR's planned expansion is aligned with the Indonesian Government's strategy to increase investment and boost employment to support the recovery of the country's economy and address the continued impact of the COVID-19 pandemic. Following the passing into law of the Omnibus Bill in October last year to streamline investment and stimulate job creation, President Widodo said last month that investment would be the key factor in achieving 5% economic growth in 2021.

"This loan facility and our continued investment in our operations are evidence of the growth potential of the viscose rayon sector in Indonesia and around the world. We are committed to supporting the Indonesian Government's efforts to improve the investment climate in export-oriented manufacturing industries, and its efforts to create upstream jobs in plantations and the processing of raw materials, and downstream opportunities in textile factories and related businesses," said Basrie.

Hari Setiawan, Executive Vice President of PT Bank Rakyat Indonesia (Persero) Tbk said : "As Representative of JMLAB and all lenders, I hope this collaboration will be useful to support the growth and development of PT Asia Pacific Rayon in increasing production and operations and also supporting the recovery of Indonesia's export growth."

"Support from BCA and other Banks reflect our confidence in APR, and as our contribution to promote a sustainable and environment friendly industry. We hope this cooperation will tighten our relationship as well," said Susiana Santoso, Executive Vice President of PT Bank Central Asia Tbk.


About Asia Pacific Rayon

Asia Pacific Rayon is the first fully integrated viscose rayon producer in Asia. Located in Pangkalan Kerinci, Riau, the company uses the latest production technology to produce high-quality rayon to meet textile needs. APR is committed to becoming a leading viscose rayon producer with the principles of sustainability, transparency and operational efficiency, serves the interests of the community and the country, and provides value to customers. APR is part of the RGE (Royal Golden Eagle) group of resource-based manufacturing companies. Sustainability is fundamental to APR. The APR Sustainability Policy, updated in September 2020, include additional commitments on pulp sourcing and clean manufacturing.


About RGE

RGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company. RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60,000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities. www.rgei.com

Bityard Has Now Officially Launched, Register now and earn 258 USDT for Free - Brand Spur
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