HONG KONG SAR – Media OutReach – 7 September 2022 – FastLane Group, is Hong Kong based accounting and corporate services firm that offers a diverse range of professional services including cloud accounting, auditing, company formation HR advisory assistance in Asia, has launched a partnership program to bring together professional skills and resources from its team of experts and its cloud-solution partners such as Xero, Chaser, HubSpot, and Hubdoc.

The program aims to deliver professional corporate services in areas like accounting, audit, tax filing and payroll, to assist the startups and SME community to embrace technology and become paperless in their operations while empowering them with the ability to stay complaint, flexible, efficient and competitive with FastLane’s assistance of moving towards the adoption of cloud-based systems and exclusive offers and discounts offered by FastLane’s partners.

FastLane is actively seeking collaborations with service providers offering cloud-based solutions, including Deel, Yoov and Webjoy Hong Kong. To further reduce clients’ costs while maintaining their efficiency in all aspects of business operations, including accounting, audit, tax filing, human resources and payroll management, FastLane offers exclusive offers, training and discounts to their clients.

In addition, FastLane has been expanding its partnership program and network to support the startup and SME community through their partners in other essential areas such as legal, co-working space, marketing solutions such as Ellalan, Ooosh and Votee.

FastLane Group’s 9-year experience of providing professional advisory and accounting services to SME’s with the use of innovative software like Xero enables the understanding of the financial and cashflow management issues encountered by the SME community, and is eager to help entrepreneurs to be successful while remaining lean and flexible.

FastLane’s professional hong kong accounting services, payroll and cloud solution advisory services can help transform and grow businesses. FastLane offers tailor-made cloud-based solutions by collaborating with cloud-based SMEs to enable SME’s to focus on revenue-driving initiatives and automate operations, rather than on addressing time-consuming, non-core business tasks.

With FastLane Group’s continuous effort in seeking partnerships and its emphasis on providing excellent corporate services particularly for SME and startups including hong kong accounting services and MPF and payroll services to start-ups and SME’s, the FastLane team is passionate to guide start-ups / SME’s journey along business success.

To learn more, please visit https://fastlanepro.hk/.

Hashtag: #FastLane

SINGAPORE – Media OutReach – 7 September 2022 – NannyStreet, a confinement nanny agency based in Singapore, has released its new mobile app.

Available on iOS and Android, the app is a mobile-friendly platform that will allow parents to match and hire confinement nannies directly through their mobile devices. It will be the first nanny marketplace in Singapore, simplifying the hiring process into three simple steps: Search, Interview and Pay Deposit.

Parents may search according to their preferences for a confinement nanny who will stay in or out or a babysitter who will look after the child over an extended period. The nanny will be matched based on the stated estimated due date, period of service, and other terms after considering all pertinent information. Parents may use the app text messages or video call function to directly communicate with nannies to negotiate job descriptions, compensation, and other special requests to ensure both parties are in agreement. Once an agreement and an offer have been made, the nanny’s deposit will be paid with a credit card by the parents.

Advantages Of NannyStreet’s App

NannyStreet offers the benefits of an agency where the deposit is secured under one platform. Parents will not undergo tedious administrative paperwork such as permit applications, social visit pass extensions, and confinement nanny insurance.

Parents will be able to have an easier time matching and hiring nanny services through the NannyStreet app due to a user-friendly interface connecting them to the nanny marketplace. In addition to confinement nannies, families can use the app to contract the services of transfer helpers in Singapore, or hire a part-time confinement nanny instead of living with stay-in confinement nannies. Additionally, parents can sign up for postnatal massage home services to help them relax during their confinement period or prenatal massages in Singapore to relieve them during the pregnancy stage.

The Current Confinement Nanny Market In Singapore

The confinement nanny market in Singapore has remained unchanged for an extended period, where parents have minimal engagement with their nanny candidates before their confinement period. This often leads to conflict between parties due to the lack of direct communication to discuss job descriptions, salary, and other unique requests to ensure both parties are on the same page.

Due to the circuit breaker measures implemented in 2020, the supply chain of confinement nannies was disrupted and caused a steep price hike, adding to the already high nanny cost. Even though the government has lifted all restrictions and reopened the border, the prices have not returned to pre-Covid levels. An increase in nanny fees led parents to hire freelance confinement nannies, who were not subject to any industry standards or regulations, resulting in situations such as nannies who did not turn up after receiving a client’s deposit.

This situation urged NannyStreet to develop Singapore’s first confinement nanny platform.

Ideation Behind Rebranding An Agency As A Confinement Nanny Platform

The idea came about when co-founder Mr Louis Looi’s wife delivered a newborn during the early days of Covid-19 when nanny prices soared due to the economy suffering from the pandemic. Through this, he understood how costly the rising nanny prices could negatively impact families. He tapped into his expansive nanny network and negotiated for a more competitive price. – it even led to new aim of revolutionising the entire confinement nanny industry by sharing his nanny network with parents, who would then be able to negotiate with multiple nannies for better prices and terms for themselves. Alongside his co-founder Mr Bradley Loi, the two was able to develop an application that combines the best features of the confinement nanny agency and freelance nanny.

Formerly known as Homey Confinement, NannyStreet was founded by Mr Bradley Loi and Mr Louis Looi over four years ago and has been in the confinement nanny agency business ever since.

An approved confinement nanny agency by the Ministry of Manpower (MOM), NannyStreet provides an all-inclusive service by hiring nannies who have undergone a strict screening process and background check. Parents can hire nanny services such as babysitting, prenatal and postnatal massages, confinement nannies, and transfer maids through one single platform. Designed with parents in mind, the platform strives to support parents and ease the process in finding the ideal confinement nanny through a simple user interface.

For more information, please visit https://www.nannystreet.com/, and for more details on their confinement nanny services, please visit https://www.nannystreet.com/confinement-nanny-singapore/.

Hashtag: #NannyStreet

SINGAPORE – Media OutReach – 7 September 2022 – Avone Beauty Secrets presents their first-of-its-kind Henna Brows Crowning Artistry, a unique non-invasive 3D eyebrow stimulation which has been awarded 3 awards by Daily Vanity – the Editor’s Choice, Readers’ Choice and Influencers’ Choice awards.

As a pain-free alternative to traditional microblading eyebrow embroidery techniques, Avone Beauty Secrets has introduced their Henna Brows Crowning Artistry service for clients to achieve fuller, well-defined brows. Unlike conventional eyebrow henna tinting which may last for only a couple of weeks, the beauty salon’s Henna Brows service allow individuals to have natural-looking brows for months. This particular technique utilises various colour shades of henna formulations from Turkey to achieve fine and natural feather-like hair strokes that are delicately drawn on by a professional brow specialist. The process of the Henna Brows Crowning Artistry is similar to that of the other brow embroidery services offered by the company, except that no lesions are caused at all. A professional brow specialist will assess and design the best brow shape and colour according to the client’s facial structure, skin tone, skin condition and preferences.

Avone Beauty Secrets is an award-winning beauty salon in Singapore that has been recognised for their revolutionary Korean eyebrow embroidery services that are a result of the comprehensive research the company engaged in together with the International Semi-Permanent Association in Korea. The company offers a range of beauty services, including brow embroidery, lash extensions and lifts, facials, hair treatments, body treatments and even nail services. Avone Beauty Secrets primarily focuses their advertising for their services through YouTube and Google advertisements.

Since their incorporation in 2011, the company has since grown to become one of the leading beauty and wellness service providers in the country. Throughout the years, they have been awarded multiple awards by Harper’s Bazaar, HerWorld Singapore, Cleo, Women’s Weekly and more. Having recently been awarded 3 awards by Daily Vanity for their Henna Brows Crowning Artistry, the company strives to continue providing quality services for all their clients across their 11 outlets island-wide.

For more information about their Henna Brows services, do visit: https://www.avone.sg/brows-crowning/ and for more details on Avone Beauty Secrets, you can find them here: https://avone.sg/.

Hashtag: #AvoneBeautySecrets

This project marks Sapphire Technologies’ plans to harness wasted pressure energy on a global scale

CERRITOS, US – News Direct – 6 September 2022 – Sapphire Technologies, developer and manufacturer of pressure energy recovery systems, and TB Global Technologies Ltd., have installed first-of-kind FreeSpin® In-Line Turboexpanders which are under completion at a liquefied natural gas (LNG) terminal in Japan. The FreeSpin systems are designed to generate electricity using waste energy from natural gas pressure letdown at the terminal station.

The two FreeSpin® In-Line Turboexpanders are designed to generate a combined 405 kilowatts of power and a maximum of 3.5 gigawatt-hours of electricity each year; in turn offsetting 2,700 tons of carbon dioxide equivalent, comparable to 5,700 barrels of oil consumed. FreeSpin systems are planned to be installed throughout the natural gas network, providing operators with a cost-effective solution to generate high-value electricity.

“We have great respect for TB Global Technologies Ltd., and we’re thrilled to be working with a company with such impressive experience in LNG technologies,” said Freddie Sarhan, CEO at Sapphire Technologies. “We plan on continuing to develop new and cost effective solutions to harness wasted pressure energy on a global scale.”

Sapphire Technologies is driving global decarbonization through developing and manufacturing energy recovery systems that harness the power of gas expansion to produce reliable and clean electricity. Sapphire Technologies’ systems are designed to convert energy wasted in pressure reduction processes into electric power without interrupting operations. By recovering this wasted pressure energy, Sapphire Technologies helps customers reduce carbon emissions, meet ESG goals, offset electrical costs and achieve substantial financial returns. For additional information visit: https://www.sapphiretechnologies.com.

Hashtag: #SapphireTechnologies

A new study and survey by Economist Impact, with the support of GSK, shows the continuing work that needs to be done to improve quality of life for people living with asthma.

LONDON, UNITED KINGDOM – is an Economist Impact report, with the support of GSK. This report aims to examine the different opportunities and challenges that adult patients with asthma face, while exploring the role that health systems, local and international guidelines, and contextual factors like comorbidities and provider-patient relationships play in shaping these experiences. Our research combined an evidence and literature review, two expert panel meetings, a patient survey spanning 13 countries (Australia, Brazil, Canada, China, France, Italy, Mexico, Philippines, South Africa, Spain, Thailand, Turkey, UK), and in-depth interviews. The report is launched at the ERS International Congress 2022 on a panel discussion on September 6^th, 2022, speakers include:

• Olivia Fulton, research and policy volunteer, Asthma UK and the British Lung Foundation, UK
• Dr Nicole Hass, PhD, MPH, MBS, MSc patient access and stakeholder engagement, Spain
• Dr Kim Lavoie, PhD, FCPA, FABMR co-director, Montreal Behavioural Medicine Centre, Canada
• Moderated by Rob Cook, clinical director, Health Policy and Insights, Economist Impact

About Economist Impact

Economist Impact combines the rigour of a think-tank with the creativity of a media brand to engage a globally influential audience. We believe that evidence-based insights can open debate, broaden perspectives and catalyse progress. The services offered by Economist Impact previously existed within The Economist Group as separate entities, including EIU Thought Leadership, EIU Public Policy, Economist Events and SignalNoise.

Our track record spans 75 years across 205 countries. Along with creative storytelling, events expertise, design-thinking solutions and market-leading media products, we produce framework design, benchmarking, economic and social impact analysis, forecasting and scenario modelling, making Economist Impact’s offering unique in the marketplace. Visit www.economistimpact.com for more information.

About GSK

GSK is a global biopharma company with a purpose to unite science, technology and talent to get ahead of disease together. For more information, please visit gsk.com.

Crafting a Brighter Future

HONG KONG SAR – Media OutReach – 6 September 2022 – Henderson Sunlight Asset Management Limited (the “Manager“) announces the final results of Sunlight REIT for the year ended 30 June 2022 (the “Year“).

Despite global inflationary pressures and a fierce fifth wave of COVID-19 infections, Sunlight REIT’s net property income (“NPI“) for the Year still registered a mild improvement of 0.4% from the preceding year to HK$641.9 million. Annual distributable income dropped a slight 1.7% to HK$431.1 million, reflecting a moderate increase in interest expenses during the Year.

The Board has resolved to declare a final distribution of HK 12.8 cents per unit. Together with an interim distribution of HK 12.2 cents per unit, the total distribution per unit for the Year would amount to HK 25.0 cents. The implied payout ratio is 97.4%, compared with 97.5% for FY2020/21. Based on the closing price of HK$3.65 on the last trading day of the Year, the distribution yield was 6.8%.

At 30 June 2022, the value of Sunlight REIT’s property portfolio was appraised by the principal valuer ^Note at HK$18,095.2 million, representing a decrease of 1.3% from a year ago. As a result, its net asset value was down marginally by 0.5% to HK$14,051.4 million, or HK$8.36 per unit.

Operating Highlights

The overall portfolio of Sunlight REIT recorded an average occupancy rate of 94.7% at 30 June 2022 (30 June 2021: 93.7%), with the office and retail portfolios registering occupancy rates of 94.8% (30 June 2021: 92.4%) and 94.5% (30 June 2021: 96.5%) respectively. In light of the uncertain global business environment, however, average rental reversion for the Year was negative at 5.2%, while average passing rents of the office and retail portfolios were HK$35.1 per sq. ft. and HK$67.6 per sq. ft. at 30 June 2022, down 4.4% and 4.0% respectively from a year ago.

In respect of the performance of major properties, Dah Sing Financial Centre maintained a relatively stable occupancy rate of 91.4% at 30 June 2022 while its NPI registered a year-on-year improvement of 4.6% to HK$178.4 million. For the retail portfolio, Sheung Shui Centre Shopping Arcade reported a lower occupancy rate of 92.9% and a mild 2.1% decline in NPI to HK$139.5 million. Gratifyingly, NPI of the Metro City Phase I Property was up 1.7% to HK$135.4 million for the Year, despite a drop in its occupancy rate to 94.6%.

The Manager has continued to actively pursue the sustainability agenda of Sunlight REIT. In particular, substantial inroad has been made into green building certification, as nearly 80% of the properties under management have been given recognition by BEAM Society Limited at 30 June 2022. Meanwhile, a total of HK$1,300 million in sustainability-linked loans were concluded during the Year, increasing such proportion to over 60% of Sunlight REIT’s total borrowings.

Mr. Au Siu Kee, Alexander, Chairman of the Manager said,” Considering the onslaught of multiple shocks both at home and abroad throughout the Year, the performance of Sunlight REIT should be deemed solid. Against a fast-evolving external environment, we will keep increasing the capability of Sunlight REIT to stand strong in the face of adversities. With great stamina and teamwork, we will strive to craft a brighter future.”

Note : CBRE Limited

Remarks: Attached financial highlights of FY2021/22 final results of Sunlight REIT.

Financial Highlights of FY2021/22 Final Results:

(in HK$’ million, unless otherwise specified)

	2022	2021	Change (%)
For the year ended 30 June:
Revenue	802.9	799.3	0.5
Net property income	641.9	639.7	0.4
Profit/(loss) after taxation Note	102.9	(233.7)	N/A
Annual distributable income	431.1	438.3	(1.7)
Distribution per unit (HK cents)	25.0	25.6	(2.3)
Payout ratio (%)	97.4	97.5	N/A
At 30 June:
Portfolio valuation	18,095.2	18,341.7	(1.3)
Net asset value	14,051.4	14,124.3	(0.5)
Net asset value per unit (HK$)	8.36	8.45	(1.1)
Gearing ratio (%)	23.3	23.0	N/A

Note: Included a fair value loss of investment properties of HK$263.9 million (versus a fair value loss of HK$605.2 million for the year ended 30 June 2021).

Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction.

Hashtag: #SunlightREIT

The issuer is solely responsible for the content of this announcement.

About Sunlight REIT

Listed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission, and constituted by the amended and restated trust deed dated 10 May 2021 (the “Trust Deed“). It offers investors the opportunity to invest in a diversified portfolio of 11 office and five retail properties in Hong Kong with a total gross rentable area of over 1.2 million sq. ft.. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density.

About the Manager

The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.

SINGAPORE – Media OutReach – 6 September 2022 – Bybit, one of the world’s fastest-growing crypto exchanges, will list DLC, the utility token of Diamond Launch, on Bybit Launchpad 2.0.

Diamond Launch is an initial digital asset offering (IDO) protocol and a multi-chain IDO distribution platform. To provide a secure environment for all investors who access the Diamond Launch ecosystem, Diamond Launch has implemented a strict Know Your Customer (KYC) process to prevent dangerous and deceptive actors from accessing the platform. Moreover, Diamond Launch offers an inclusive and low barrier to entry to incentivise and reward all token holders. In this way, users can easily access the platform and join token pre-sales.

Bybit will host the initial exchange offering for DLC on the Bybit Launchpad 2.0, a freshly revamped platform for groundbreaking blockchain projects, with the full spot listing scheduled for Sept. 15.

DLC joins a list of web3 initiatives debuting on Bybit’s intuitive platform for promising crypto projects. Bybit Launchpad 2.0 gives users early access to some of the most sought-after tokens in the space. Bybit users can commit BIT to subscribe to token allocations, or participate in Launchpad 2.0’s new lottery model where users stake a nominal amount of Tether (USDT) for the chance to win allocations of new tokens. Users can also buy the best performing tokens from previous listings via the Launchpad.

Diamond Launch offers flexible sales types and whitelisting conditions for BNB Smart Chain , Polygon, and OKX. Diamond Launch has its own community, which includes Twitter, Telegram, Medium, and other platforms.
Hashtag: #Bybit

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit: https://www.bybit.com/

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