Infor and Nippon Systemware Forge Alliance to Market Infor CloudSuite Industrial ERP Package for Japan’s manufacturing Industry

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Cityneon Raises S$235 Million; Well Positioned for Next Growth Chapter

  • The global experience entertainment company gets a S$235 million shot in the arm, closes its private fund raising in April 2021
  • Investors both new and existing include Singapore's Pavilion Capital, Seatown Holdings International and EDBI, Qatar's Doha Venture Capital and financial institutions and family offices in Singapore and China
  • These now join other existing Cityneon shareholders CITIC Capital, veteran entrepreneur and investor Mr. Johnson Ko, and Executive Chairman & Group CEO Mr. Ron Tan
  • Funding comes just after the Group acquired multi-year licensing rights for James Cameron's AVATAR touring exhibition, and two original artefacts IP on the ancient civilization Machu Picchu from Peru and Ramses the Great (Ramses II) from Egypt
  • Investments position the Group well to bring experiences across the globe, targeting to launch six experiences in China and five in the U.S. by the end of 2021, with more in other parts of the world

SINGAPORE - Media OutReach - 21 April 2021 - Cityneon Holdings ("Cityneon", the "Company"/collectively with its subsidiaries, the "Group") raised S$235 million in the most recent round of private funding. The latest round of funding adds seasoned investors to Cityneon's already strong stable of shareholders.

This funding round was led by Singapore's Pavilion Capital, Seatown Holdings International, EDBI, and Cityneon's Executive Chairman & Group CEO, Mr. Ron Tan. EDBI and Pavilion Capital are existing shareholders of Cityneon whilst new investors include Seatown Holdings International, Qatar's Doha Venture Capital, which will now own approximately 4 per cent of the Group, and other financial institutions and family offices in Singapore and China.

These now join other existing Cityneon shareholders CITIC Capital, veteran entrepreneur and investor Mr. Johnson Ko, and Executive Chairman & Group CEO Mr. Ron Tan to form a new and strong shareholder base for the Group. Mr. Johnson Ko and Mr. Ron Tan remain as the largest shareholders of the company via their combined entity, West Knighton Limited.

The Group is now well positioned for its next growth chapter and will use the proceeds for capital expenditure that includes building more of its various intellectual property (IP) exhibition sets, totaling 24 travelling and four semi-permanent sets under the Studio IP partnerships and three travelling sets under the original artefact IP partnerships by the end of 2022.

Already, the Group just signed its fifth IP rights with Avatar from 20th Century Studios last year. Amidst the anticipation from Avatar fans worldwide, Cityneon will debut a multi-sensory Avatar exhibition in Chengdu, China in May 2021, ahead of the Avatar movie sequel which is slated for release in 2022. Avatar is the world's top grossing film of all time at over US$2.8 billion, and adding millions more after its successful re-release in China in March 2021. Avatar's director James Cameron has announced that he will be producing four sequels with 20th Century Studios, with the first sequel slated for release next year. Disney acquired 20th Century Studios for US$71 billion in 2019.

The Company also recently entered the original artefacts IPs space and will stage international exhibitions of the treasures of the ancient civilization Machu Picchu from Peru in Boca Raton, Florida and Pharaoh Ramses II from Egypt in Houston, Texas. These two experiences will start welcoming visitors in October and November 2021, respectively.

Other IP rights that the Group holds include partnerships with Universal Studios for Jurassic World: The Exhibition, Marvel for Avengers S.T.A.T.I.O.N., Lionsgate for The Hunger Games: The Exhibition and Hasbro for Transformers Autobot Alliance. All in, Cityneon holds the IP rights for five of the top 10 worldwide box office hits and two artefacts IP from Peru and Egypt. The Group expects to have six sets of its various IP rights travelling across China, and five travelling and permanent sets in the United States, with a few more in other parts of the globe.

The Group will also be reopening experiences that were temporarily closed in 2020, aiming to provide visitors with a safe entertainment option. These include the Marvel Avengers S.T.A.T.I.O.N. in Toronto, Canada that will be re-opening in May 2021; and the Marvel Avengers S.T.A.T.I.O.N. exhibition in Lotte Mall in Seoul, Korea in April 2021; the same exhibition space which previously housed Jurassic World: The Exhibition, another IP experience exhibition by the Group in 2019. In the past month, the Group also witnessed record visitor numbers at their semi-permanent installations in Las Vegas, USA, signaling a strong comeback and demand for their immersive experiences, as they step into the 6th year of operations there.

While there are exciting plans lined up, the Group is not resting on its laurels. More Hollywood IPs and artefact IPs can be expected, and there will be further announcements on new IP verticals in entertainment experiences that the Group is looking to enter.

Mr. Ron Tan, Executive Chairman & Group CEO of Cityneon, said: "It is exciting that the Company is going through such strategic expansion as one of the largest providers of exhibition entertainment experiences globally. The S$235 million funding round sets a solid foundation for us to invest in developing more of our entertainment experiences, to stage even more exhibitions of the five box office hits and two artefact IPs that we hold the rights to all over the world. I'm thankful that our strong investors base, now from Singapore, Hong Kong, China and the Middle East, have trust in our vision, and believe alongside us that this space of big ideas and big experiences will only grow."

By the end of this year, Cityneon will arguably be the largest provider of exhibition entertainment experiences internationally; with global footprints in more than 50 cities and welcoming 10 million unique visitors across the world by 2022.

Cityneon Holdings

With its global reach and international partnerships, Cityneon has the capability to serve its clients anywhere in the world. Cityneon was listed on the Mainboard of the Singapore Stock Exchange since 2005, and was privatized on February 2019 by West Knighton Limited, a company wholly owned by Cityneon's Executive Chairman and Group CEO, Ron Tan, together with Hong Kong veteran entrepreneur and investor, Johnson Ko Chun Shun. Johnson is a capital markets veteran and has held controlling interests and directorships in many listed companies. In May 2019, Cityneon welcomed CITIC Capital as a new shareholder, who holds approximately 10% shares in Cityneon. CITIC Capital is part of CITIC Group, one of China's largest conglomerates, and has over US$25b of assets under its management across 100 funds and investment products globally. Other institutional shareholders of the Group include EDBI - a Singapore government-linked global investor, and Pavilion Capital - a Singapore-based investment institution which focuses on private equity investments, that made strategic investments in August and October 2019 respectively, to support the Group's further expansion globally. For more information, please visit www.cityneongroup.com.

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Partnership to build core business systems to accelerate the digital shift for customers

 

TOKYO,
JAPAN – Media OutReach – 27
July 2020 – Infor/Infor
Japan K.K. and Nippon Systemware Co., Ltd. (NSW; Headquarter: Shibuya-ku,
Tokyo; President and Chief Executive Officer: Shoji Tada) today announced the provision
of Infor CloudSuite Industrial, Infor’s enterprise resource planning (ERP)
package for the manufacturing industry in a newly-inked partner agreement to
help Japanese customers accelerate their digital journey. Under the
partnership, NSW can sell or otherwise provide Infor CloudSuite Industrial as a
supply chain solution (ERP) for managing sales and production planning. This
will enable both Infor and NSW to provide even higher value-added solutions
that span both the engineering chain and supply chain.

With multi-language,
multi-currency, and multi-site support, Infor CloudSuite Industrial is an ERP
package for manufacturing companies with global. operations It is already used
in over 6,000 locations globally, including over 1,400 locations in the
Asia-Pacific and over 200 locations in Japan alone.

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NSW has a long history of
achievement and expertise across the engineering chain (product lifecycle
management and product data management), managing data related to design and
manufacturing in the manufacturing industry. In recent years, it has combined
the Internet of Things (IoT) and artificial intelligence (AI) to provide
solutions for delivering instructions and collecting performance data in
production environments, while supporting its customers through their digital
transformation (DX).

This alliance is off to a
promising start to fulfil current market and business needs, with the ERP
package having already been trialed by a medical devices manufacturer in a
project to rebuild its core business system, including its global sites. Going
forward, Infor and NSW will continue collaborating in the areas of Infor
CloudSuite Industrial and other solutions for the manufacturing industry as
both parties help build core business solutions that support digital
transformation for customers.

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“We welcome Nippon Systemware to the Infor Partner Network. With
Infor’s continued commitment to deliver finely-tuned, industry-specific
solutions in the cloud to help our customers maximise efficiencies and
accelerate growth, and NSW’s years of experience in the manufacturing industry
in Japan, we are confident that our combined strengths can help to accelerate
digital transformation within the manufacturing industry here”, says Shinya
Miura, Country Manager & Vice President, Infor Japan K.K.

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“We are excited about the partner
agreement with Infor. This partnership will enable us to offer comprehensive
range of solutions for the manufacturing industry, covering both the engineering
and supply chains. Furthermore, together with Infor, we will provide high-value-added
services to our customers in the manufacturing industry by leveraging synergies
with our strength in IoT, AI and embedded software development.”, says Takeshi
Yamada, Executive Corporate Officer, Nippon Systemware Co., Ltd.

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Media contact

Phyllis Tan

Infor Asia Pacific

+65 9799 9133

[email protected]

NSW (Nippon Systemware)

Corporate Division

Planning Department, PR: Someha, Kaneko

E-mail:[email protected]

About Nippon Systemware

Nippon Systemware (NSW) was
founded in 1966. It is a one-stop provider of solutions, from building systems
to support manufacturing, distribution, and other industries, to designing and
operating IT infrastructure, and providing cloud services from in its own data
centers. It is also engaged in embedded system development, and LSI and circuit
board design and development, in the in-vehicle, communications and facilities
fields. With a focus on the fields of IoT and AI, which leverage these
capabilities, it aims to become a company that leads the digital transformation
of customers through the provision of solutions and services underpinned by its
Toami IoT platform.

For more details, see https://www.nsw.co.jp/ .

About Infor


Infor
is a global cloud business software provider specializing by market sector.
With 17,300 employees and over 68,000 customers in more than 170 countries,
Infor software is designed for progress. For more information, visit https://www.infor.com/ja-jp.

Infor
customers include:

  • The top 20 companies in the aerospace
    sector
  • 9 of the top 10 companies in the
    high-tech sector
  • 14 of the 25 largest healthcare
    networks in the United States
  • 19 of the 20 largest cities in the United
    States
  • 18 of the top 20 automotive companies
  • 14 of the top 20 companies in
    industrial distribution
  • 13 of the top 20 retailers globally
  • 4 of the top 5 brewing companies
  • 17 of the top 20 banks
  • 9 of the 10 largest hotel chains
  • 7 of the top 10 best luxury brands 

Infor and Nippon Systemware Forge Alliance to Market Infor CloudSuite Industrial ERP Package for Japan’s manufacturing Industry

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