The 14th edition of AYDA continues to support and nurture design community in Asia to greater heights

SINGAPORE – Media
OutReach – 19 August 2020 – On the heels of this year’s grand finale, Nippon Paint‘s Asia Young
Designer Awards 2020/21 design competition is currently underway with a focus
on the theme, “Forward: Human-Centred
Design”. Like previous years, finalists of the competition will have the
special opportunity of engaging with respected industry professionals to gain
valuable insight and knowledge. Two finalists will also stand a chance to walk
away with the opportunity to embark on a comprehensive, fully-funded 6-week
Design Discovery programme at Harvard University’s Graduate School of Design in
Massachusetts, USA.

The theme for this year’s
competition, “Forward: Human-Centred
Design”, focuses on the need for designers to provide practical and
socially-conscious design solutions for a globalized world. The latest edition
of the Asia Young Designer Awards (AYDA) also aims to encourage these budding
designers to broaden their imaginations by consciously designing with dwellers
and sustainability in mind, which in turn will expand their design thinking
into understanding multi-faceted social and emotional aspects.

The Asia Young Designer Awards
2020/21 (AYDA) will consist of several rounds including a preliminary round
where finalists will have the opportunity to progress to the next stages and
participate in workshops and mentorships with design professionals. In efforts
of enriching the AYDA experience, Nippon Paint will also be organizing a
webinar called AYDA International XChange on 26 August, where design veterans
and young budding designers will connect to bring their knowledge and talents
together. This enforces Nippon Paint’s passion to nurture these young talents
by equipping them with real-life industry skills and knowledge. Viewers can
catch AYDA’s insightful International XChange sessions on YouTube Live at
AYDA’s YouTube Channel: Asia Young Designer Awards – AYDA.

The webinar speakers consist of: Ar.
Jabeen Zacharias, Founder of Jabeen Zacharias Architects; Mr Lai Siew Hong,
Chief Executive Designer & Founder of Blu Water Studio; Mr Michael Pizarro,
Principal Interior Designer of Michael Pizarro Interior Design. The upcoming
session will discuss empathy and why this most sought-after skill is of
importance for the industry. Through current trying times, AYDA is able to
support the design industry in Asia by discussing forward thinking topics for
the benefit of the future generation.

One of the grand finale winners of
the recent Asia Young Designer Awards 2019/20, Greta Elsa Nurtjahja from Indonesia of the Interior Design Category,
recounts her experience of the competition, “Joining
the Asia Young Designer Awards not only gave me the opportunity of a lifetime
to attend Harvard University’s Design Discovery programme, but also connected
me to inspiring design heroes of mine who were generous in relaying their
knowledge and experience. She added, “The competition strengthened my design thinking
and enhanced my capabilities. It is truly an experience I will never forget.”

Greta’s winning entry, “Rumah Kopi”, utilized nature as the
space in which her design was based. Inspired by a local house in Indonesia,
her project encapsulated both sustainability of materials and collaboration.

Lin Honghan
from China, who was the grand finale winner of the Architectural Category, focused on integrating
traditional Chinese art forms with modern design concepts in his winning
design, “Sweet Dream in the Garden”.
He looks back fondly on his experience, “I
was very happy to have won the grand title of Asia Young Designer, but even
more so that I was able to share my work and get productive feedback from great
designers from different countries. Their advice and guidance were invaluable
to my experience in the competition.”

With the 2020/21 competition, Nippon
Paint continues its steadfast dedication to nurture young designers while
strengthening the design community in the region. Continuing its dedication,
Nippon Paint is in the process of signing the UN Global Compact Memorandum in
efforts to reach the UN Sustainable Development Goals of 2030. The Coatings
Expert has joined the ranks as one of the many giant global corporations that
have pledged to further educate AYDA partners and participants across Asia to
design in tandem with attainable sustainable goals: affordable and clean
energy; industry, innovation and infrastructure; sustainable cities and
communities; climate action.

Design students from across the
region are encouraged to send in their applications for the Asia Young Designer
Awards 2020/21 by visiting asiayoungdesignerawards.com to find out how.
Applicants can expect to undergo a well-rounded design competition experience
of several stages with the opportunity to represent their countries on an
international level.

About the Asia Young Designer Awards

The Asia Young
Designer Awards (“AYDA”) was first launched in 2008 as part of Nippon Paint’s
vision to nurture the next generation of design talents. The event serves as a
platform to inspire architectural and interior design students to develop their
skills through cross-learning opportunities and networking with key industry
players as well as fellow architectural and interior design peers in the
region.

AYDA has since
grown in terms of reach and stature and has now established itself as one of
Asia’s premier design award across 15 geographical locations namely Bangladesh,
Hong Kong, Taiwan, India, Indonesia, Iran, Japan, Malaysia, Pakistan,
Philippines, Singapore, Sri Lanka, Thailand and Vietnam with further expansion
plans in the pipeline.

Over the years,
AYDA has impacted thousands of young and talented student designers, presenting
them with various opportunities to engage with renowned speakers and key
figures in the design industry. Not only has the exposure enabled the
participants to gain first hand industry knowledge, personalised coaching,
mentoring and skill-building through various workshops by experienced
lecturers, they also learn from their fellow peers from across borders.

With that, AYDA
has established a close-knit design community comprising professional
architects, interior designers, industry associations, partners, design
schools, alumni and design students.

AYDA welcomes
all applications and those shortlisted will be notified. For more information,
please visit https://www.asiayoungdesignerawards.com/.

About NIPSEA Management Co Pte Ltd (Subsidiary of Nippon
Paint Holdings Co.)

NIPSEA was founded
by entrepreneur Mr. Goh Cheng Liang in Singapore in 1962. NIPSEA has
established its position as one of the largest coating and paint specialist in
Asia, known in the marketplace by its brand as “Nippon Paint” and is
responsible for expanding its operation and development of Nippon Paint in
Asia. It has become the best coating partner for architectural, automotive,
industrial, marine, O&G, specialised clients and millions of families
across the world. The brand is recognised for its dedication to quality,
dazzling innovation and excellent customer service.

With more than 98 NIPSEA companies spread throughout Asia
NIPSEA understands the local needs of its customers in every community. The
company embraces diversity and operates as a multinational corporation. NIPSEA
Group has over 22,000 employees with 82 manufacturing facilities and operations
in 18 geographical locations with its headquarters in Singapore, efficiently
serving all aspects of the business, from production to customer satisfaction.
More information about NIPSEA Group http://www.nipponpaint.com/

SINGAPORE
– Media OutReach – 19 August 2020 – Madame Tussauds Singapore proudly introduces a brand new experience
together with Team Building Team Learning (TBTL) Pte Ltd. “Virtual Images of
Singapore” is an interactive learning journey for primary, secondary and
tertiary students. Led by a time travelling host students will be transported
to significant moments in Singapore’s history without ever having to leave
their seats. The virtual tour makes use of an interactive portal where the
students can participate and strive for a top spot in the educational quiz.

“Virtual Images of Singapore” is a 1.5 hour interactive
learning journey, which can be booked for up to ideally 25 people per session.
Participants travel to historical moments such as the signing of the Singapore
Treaty in 1819 and the moment Singapore became independent on the 9^th
of August 1965.

“Although we can still host groups to our attraction —
divided in smaller subgroups of 5 people, we did receive many requests for
virtual group tours. That’s why we started the partnership with TBTL. In order
to continue delivering memorable, educational and safe experiences to local
schools we wanted to change both our way of thinking and our way of working. We
are happy that we are able to adapt Images of Singapore to the needs of our
guests in these challenging times. We have received fantastic feedback on our
new product and hope to take many more
students on this fascinating journey through Singapore’s history in future.”
said Alex Ward — General Manager of Madame Tussauds Singapore.

The new virtual and interactive program is based on the “Images
of Singapore” experience. Madame Tussauds is located in Imbah Lookout on Sentosa
and houses 5 experiences under one roof: Madame Tussauds, Images of Singapore,
Ultimate Film Star Experience, Spirit of Singapore boat ride and the Marvel 4D
Experience.

Twitter: @MTsSingapore

Instagram: @mtssingapore

Facebook: www.facebook.com/MadameTussaudsSingapore

Click here to download additional information

About Madame Tussauds

Madame Tussauds is the ultimate
celebrity experience and the world’s best known and most popular wax
attraction. There are currently 23 Madame Tussauds attractions around the
world.  Each of the attractions is unique
and tailored to the host city and visitor demographic to feature both local as
well as international figures. These attractions are continually endorsed by
celebrities, sports stars, royalty and global politicians.

Founded in London in 1835, Madame
Tussauds’ amazing wax figures are so high quality and so lifelike that even the
celebrities themselves do a double take when they see them — and all in
stunning interactive themed sets designed to excite, amaze, and surprise,
including some with unique animated features! And, with no bars, ropes or
barriers around the figures, visitors will have no problem believing that they
really are standing beside their heroes and the photographs taken with
favourite stars will be a special memory for ever.

The result of 200 years of expertise and
painstaking research every figure takes Madame Tussauds’ gifted sculptors a
minimum of three months to make, and costs more than $300K (Singapore dollars).
Most contemporary figures are also produced following sittings with the
celebrities themselves and are the result of hundreds of separate measurements,
hours matching skin tone, eye and hair colour — with every individual hair
inserted separately. Celebrities and film studio wardrobe departments often
supply clothing for their figures, or designers will reproduce significant or
iconic outfits as exact replicas, only for Madame Tussauds. Inclusion in one of
Madame Tussauds attractions around the world is seen as a huge honour and
recognition of an individual’s contribution, status and achievement.

About Merlin Entertainments plc

Merlin Entertainments plc is a global
leader in location-based, family entertainment. As Europe’s Number 1 and the world’s
second-largest visitor attraction operator, Merlin now operates over 130
attractions, 19 hotels and 6 holiday villages in 25 countries and across 4
continents. Merlin’s purpose is to deliver memorable experiences to its 67
million guests around the world, through its iconic brands and multiple
attraction formats, and the commitment and passion of its c.28,000 employees
(peak season).

See www.merlinentertainments.biz for
more information and follow on Twitter @MerlinEntsNews.

About Team Building Team Learning (TBTL) Pte Ltd

TBTL stablished in 2015 by Mr Melvin Chong and
his team’s passion in outdoor education and learning. Together, they started
out organising school programmes for primary, secondary and tertiary school
students such as fitness programs, teambuilding workshops and leadership camps.
The company developed further to work with corporate organizations such as
SportSG and ActiveSG. Driven by its core values, TBTL actively engage in
innovation and seek partnerships to improve itself.

An homage to Bangkok’s tropical backyard with day-to-night rooftop garden party

HONG KONG,  CHINA – Media OutReach – 18 August 2020 – Taking inspiration from a nostalgic backyard barbecue, Bar.Yard spins up a modern day-to-night urban rooftop garden and bar on the 40th floor of the soon-to-be-opened Kimpton Maa-Lai Bangkok in Thailand. Elevating the rooftop bar concept, guests can enjoy a repertoire of playful tropical cocktails, comfort-led classic barbecue menu featuring locally sourced farm-to-table grills, and a casual, lively atmosphere in the outdoor venue with a view, sheltered so rain is never an issue, framing well-known DJs against the verdant backdrop of Lumphini Park in the heart of central Bangkok, Langsuan.

“Kimpton^® Hotels & Restaurants, will open Bar.Yard at Kimpton Maa-Lai Bangkok as its latest bar under the brand globally. Renowned for its award-winning, seasonally-inspired restaurants and bars, the venue launch is part of our ramp up towards the opening of the first Kimpton hotel in South East Asia slated for October 2020. The new hotel under IHG’s luxury boutique brand will offer Kimpton’s signature perks including the brand’s industry-leading pet-friendly attitude, and an approachable luxury experience fueled by a team who champions heartfelt, human connections,” said Patrick Both, General Manager, Kimpton Maa-Lai Bangkok.

Daytime at Bar.Yard presents a bright, breezy haven of lush greenery space designed by global architectural design firm Hassell, much like an oasis beneath the clouds where guests can unwind to upbeat urban electronic music with tropical- and tiki-influenced cocktails and satisfying, comfort-led classic barbecues. As afternoon fades to night, the rooftop party switches up the tempo while the Bangkok skyline glitters below.

“Every Kimpton restaurant and bar is created independent from the hotel, providing a space that is warm, welcoming and inspiring with incredible cuisine and forward-thinking cocktails. Bar.Yard is our re-imagination of a backyard BBQ, with all associated elements elevated to create an immersive guest experience, including the superlative view from the 40^th floor of the hotel. We focus on incorporating local elements into the restaurant experience – from decor to sourcing ingredients and trends reflective of our location here in Thailand,” said Justin Dunne, General Manager, Restaurants and Bars, Kimpton Maa-Lai Bangkok.

The cocktail-centric drinks menu is crafted by Aaron J Feder, Beverage & Bars Manager. His focus on creating perfect blends is evident in the stories from behind the bar – sampling multiple lime varieties and at least 27 varieties of pineapples to create Bar.Yard’s signature drinks. Tropical and tiki influences feature heavily across the menu, with highlights like the The Queens Group Pineapple, a tequila-based showstopper blended with zesty lime and pink grapefruit, a splash of apple brandy and juice of the Queens Group Pineapple, a local variety from Phuket known for its complex, honeyed flavour profile; The Brown Coconut combines smoky mezcal, fragrant Thai coconut toasted to perfection and sweet, earthy hazelnut for a delicious and warming rendition of beloved tropical flavours. Finally, a range of local and international craft beers, wines, classic tiki cocktails and Champagne round off the list to satisfy every palate.

Helming the grill is Executive Chef Lamberto Valdez Lara, who reinvigorates the classic barbecue with a variety of signature, seasonal farm-to-plate, barbecue-style dishes such as slow-cooked beef briskets, smoked ribs and skewers, grilled fresh-caught prawns and casual sharing platters for larger parties, alongside a selection of succulent mains: charcoal-grilled burgers, smoked chicken quesadillas, and seared fish tacos. Those with a sweet tooth will also look forward to Bar.Yard’s indulging desserts, the decadent Brownie Block Party and Fire & Ice S’Mores, and the crisp and sweet Apple Hand Pies.

Music is the soul of Bar.Yard and a curated playlist has been designed specifically for the venue. Patrons can expect an exciting lineup of local and international DJs, playing everything from neo-soul and electro-funk to contemporary hip hop and disco. Kimpton Off The Record, the brand’s global live music series, will also be launched with a local twist in the coming months.

Bar.Yard is open from 4pm until midnight, every Thursday to Sunday. Reservations can be made at +66 (0)2 056 9999 or via email at taste.kimptonmaalai@ihg.com. For more information, visit www.kimptonmaalaibangkok.com/bangkok-restaurants/bar-yard.

IHG has a long-standing commitment to rigorous cleaning procedures at all its hotels worldwide. This is being extended with additional COVID-19 protocols and best practices, in partnership with industry leading expert Cleveland Clinic, Ecolab and Diversey, as well as introducing the IHG Clean Promise. For more information, please visit http://www.ihg.com/clean. 

About KIMPTON® MAA-LAI BANGKOK

Marking the debut for the brand in Southeast Asia, the Kimpton^® Maa-Lai Bangkok takes its name from the traditional flower garland presented as a token of welcome, good health and respect to guests and loved ones. The hotel will feature 362 rooms, including 131 serviced residences, and is slated to open in October 2020. Nestled in the heart of the Langsuan area, the hotel sits beside Lumpini Park, one of the largest parks in the city. Guests can look forward to two restaurants with the signature Kimpton flair, Stock Room and Ms. Jigger, and two bars, CRAFT and Bar.Yard, a rooftop bar

ABOUT KIMPTON® HOTELS & RESTAURANTS

San Francisco-based Kimpton Hotels & Restaurants is the original boutique hotel company, which pioneered the concept of unique, distinctive, design-forward hotels in the United States in 1981. Anchored in one-of-a-kind experiences, Kimpton now operates more than 66 hotels and 80 restaurants, bars and lounges across urban locations, resort destinations and up and coming markets in the United States, Europe, Caribbean and Greater China. Kimpton spaces and experiences centre on its guests, offering inspiring design that evokes curiosity to forward-thinking flavours that feed the soul. Every detail is thoughtfully curated and artfully delivered, so that guest experiences remain meaningful, unscripted and ridiculously personal.

Kimpton’s employees, empowered to provide heartfelt service and experiences, have built a highly regarded workplace culture that appears consistently on FORTUNE magazine’s “100 Best Companies to Work For” list.

In January 2015, Kimpton became part of the InterContinental Hotels Group (IHG) family of hotel brands. For more information, visit www.KimptonHotels.com.   

Notes to Editors:

IHG^® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental^® Hotels & Resorts, Kimpton^® Hotels & Restaurants, Hotel Indigo^®, EVEN^® Hotels, HUALUXE^® Hotels and Resorts, Crowne Plaza^® Hotels & Resorts, voco™, Holiday Inn^® Hotels & Resorts , Holiday Inn Express^®, Holiday Inn Club Vacations^®, avid™ hotels, Staybridge Suites^®, Atwell Suites™, and Candlewood Suites^®.

IHG franchises, leases, manages or owns more than 5,900 hotels and approximately 884,000 guest rooms in more than 100 countries, with over 1,900 hotels in its development pipeline. IHG also manages IHG^® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.

InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 400,000 people work across IHG’s hotels and corporate offices globally.

Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: https://www.ihgplc.com/en/news-and-media and follow us on social media at: https://twitter.com/ihgcorporate, www.facebook.com/ihgcorporate and www.linkedin.com/company/intercontinental-hotels-group.

ISTANBUL, TURKEY – NEWSAKTUELL – 18 August 2020 – Istanbul Airport, Turkey’s gateway to the world, breaks new grounds with a new airport museum available to all international passengers. The Istanbul Airport Museum will kick off with the “Treasures of Turkey: Faces of the Throne” exhibition. This elevates the airport from a global hub with outstanding passenger service to a venue for culture and art, presenting pieces from throughout Turkish history for travelers to explore. Istanbul Airport joins other airports such as San Francisco or Amsterdam in hosting its museum.

The duty-free shops of the Istanbul Airport. (Credit: IGA, Istanbul Airport, Zafer Kaptanoglu)​

Kadri Samsunlu, CEO of İGA Airport Operation Inc, comments on the opening of the museum: “We want to turn the time spent at the airport into an unique experience. Our aim is to turn our passengers attention on art and culture.”

The museum also offers introductory information on 18 places in Turkey listed as World Cultural Heritage Sites by UNESCO.

The first exhibition will feature art from different eras of Turkish history

“Treasures of Turkey: Faces of the Throne” is displaying 316 different pieces from 29 Turkish museums. The exhibition is a collection that consists of several fascinating artefacts such as the “Kadesh Treaty”, the first peace treaty known in the history of humanity. The exhibition comprises pieces of the prehistoric Göbeklitepe and Çatalhöyük eras, along with historic artefacts belonging to Anatolian civilizations and the many other periods. “With this museum, we have been able to gather some original artifacts under a single roof, which would otherwise be impossible to set eyes on at a single time”, says Kadri Samsunlu.

The museum is open between 09:00 a.m. — 09:00 p.m. every day, admission is 5 Euro, the museum offers free admission to visitors under 8 years.

Find more impressions in this video.

Picture is available at AP Images (http://www.apimages.com)

HONG KONG, CHINA – Media OutReach – 18 August 2020 – Kerry
Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) is pleased to
announce that Kerry Apex, its indirect wholly-owned subsidiary, was the number
one non-vessel operating common carrier (‘NVOCC’) from Asia to the US from
January through July 2020, supported by a well-positioned team in Southeast
Asia to capture the export volume shift from China to Asia.

Kerry
Apex was the third largest NVOCC in terms of volume from Asia to the US in
2019. In the first seven months of 2020, Kerry Apex outperformed the market by
recording a 6% growth in volume against the market trend of a 7% contraction in
the same period.

Kerry
Apex shot to the top spot through capturing the volume shift from China to
Southeast Asia by a strong regional team perfectly situated to handle the
volume surge, earning additional origin-controlled shipments and winning new
customers, on top of the increased demand from existing customers who restocked
their inventory. Kerry Apex was also able to build on its long standing relationships
with ocean-carrier partners who helped it to secure the space needed to move
its customers’ freight from Asia to the US. Kerry Apex’s achievement was made
possible by the tremendous support from within Kerry Logistics’ global network
both in origin and destination.

Vicky
Cheung, Executive Director of Kerry Logistics Network, said, “We are gratified
to see that the efforts of our team in Southeast Asia and the relationships we
have built with our partners have paid off. While the protracted US-China trade
war and the as-yet-uncontained COVID-19 pandemic are clouding the horizon, we
are confident that we will maintain our leading position in ocean freight for
the rest of 2020.”

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics is an Asia-based, global 3PL
with the strongest network in Asia. Its core competency is providing highly
customised solutions to multinational corporations and international brands to
enhance their supply chain efficiency, reduce overall costs and improve
response time to market. Kerry Logistics has a network covering 57 countries
and territories, and is managing 75 million sq ft of land and logistics
facilities worldwide, providing customers with high reliability and flexibility
to support their expansion and long-term growth. Kerry Logistics Network
Limited is listed on the Main Board of the Hong Kong Stock Exchange and is a
selected Member of the Hang Seng Corporate Sustainability Index Series 2019-2020.

HONG KONG, CHINA – Media OutReach – 18 August 2020
– Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in
cloud security, enhances agility and automation in cloud security through
integrations with Amazon Web Services (AWS). As a result, Trend Micro delivers
flexible and scalable all-in-one security that helps DevOps engineers securely
build and innovate as they migrate to and build in the cloud.

Trend Micro has demonstrated the strength of its collaboration
with AWS since 2012 with a deep understanding of customer use cases and by
integrating with leading AWS security services at launch. Most recently, Trend
Micro Cloud One™ offerings have been natively integrated with AWS Control Tower^[1] and
AWS Systems Manager Distributor^[2]. These additions are designed to
bring immediate benefit to security, cloud, and DevOps teams leveraging AWS by
automating enforcement of security capabilities earlier in the account and
resource provisioning process.

“Trend Micro is an Advanced Technology Partner in the AWS
Partner Network (APN) with  a long-standing history of providing security
solutions to help customers address their portion of the shared responsibility
model,” said Siva Padisetty, General Manager, AWS Systems Manager, Amazon
Web Services, Inc. “Trend Micro’s continuing investment in integrations
with native AWS capabilities, such as AWS Control Tower and AWS Systems Manager
Distributor, reduces onboarding and management friction while adopting an enhanced
security posture.”

According to a recent report from IDC, “Trend Micro is the
dominant leader in Software-Defined Compute (SDC) workload protection,”¹ making
up 29.5% of the worldwide hybrid cloud workload security market share, proving
the company’s hybrid cloud security expertise, capabilities and trust by
customers. As the leading cloud security experts, Trend Micro engineers develop
security solutions designed to meet the needs of cloud engineers.

“We understand that security teams don’t always have
complete control or visibility into how cloud instances are being spun up,
configured and used across the company,” said Sanjay
Mehta, senior vice president of business development and alliances for
Trend Micro. “Listening to and understanding customer needs and feedback
drives our innovations and collaboration with AWS. Having our solutions plug in
natively with AWS offerings like AWS Control Tower and AWS Systems Manager
Distributor adds visibility and automates security for our customers.”

Through this collaboration, Trend Micro Cloud One offers the
broadest platform support and API integration to protect your AWS
infrastructure whether building with Amazon Elastic Compute Cloud (Amazon EC2)
instances, AWS Lambda, AWS Fargate, containers, Amazon Simple Storage Service
(Amazon S3), or Amazon Virtual Private Cloud (Amazon VPC) networking.

To learn more about how AWS and Trend Micro Cloud One work
together, please visit: https://www.trendmicro.com/aws. 

 ^[1] https://aws.amazon.com/blogs/awsmarketplace/enhancing-workload-security-using-trend-micro-from-aws-marketplace-in-aws-control-tower-environment/
^[2] https://aws.amazon.com/about-aws/whats-new/2020/08/now-manage-popular-third-party-agent-aws-systems-manager-distributor/
¹ IDC, Worldwide Hybrid Cloud Workload Security Market Shares,
2019: Vendor Growth Comes in All Shapes and Sizes, Doc #US46398420, June 2020

About Trend Micro

Trend Micro Incorporated, a global leader in cybersecurity
solutions, helps to make the world safe for exchanging digital information. Our
innovative solutions for consumers, businesses, and governments provide layered
security for data centers, cloud environments, networks, and endpoints. All our
products work together to seamlessly share threat intelligence and provide a
connected threat defense with centralized visibility and control, enabling
better, faster protection. With more than 6,000 employees in over 50 countries
and the world’s most advanced global threat intelligence, Trend Micro secures
your connected world. For more information, visit www.trendmicro.com.hk.

SINGAPORE – Media OutReach – 18 August 2020 – The Board of
Directors (“Board“) of Spackman Entertainment Group Limited (“Company“ and together with its
subsidiaries, the “Group“) wishes to inform shareholders that the
Company has today entered into a non-binding memorandum of understanding (“MOU“)
with Spackman Equities Group Inc (“SQG” or the “Purchaser“), a
company listed on the TSX Venture Exchange in Canada, pursuant to which the
Company intends to sell the its entire interest in Spackman Media Group Limited
(“Spackman Media Group“) (the “Proposed Divestment“) to the
Purchaser.

The Purchaser is an investment company
that selectively invests into growth companies that possess proprietary
know-how or technologies.  The common
shares of SQG are traded on the TSX Venture Exchange under the symbol ‘SQG’. As
of the date of this announcement, SQG is a substantial shareholder of the Company,
holding 7.55% of the total issued shares of the Company. Richard Lee, the Non-Executive
Director of the Company, and Na Kyoungwon, the Executive Director, President
and Chief Operating Officer of the Company, are also directors of SQG.

Under the MOU,
the Company intends to sell all its 13,968,038 common voting shares of Spackman
Media Group (“Sale Shares“), representing 43.88% of the Company’s interest in Spackman Media Group. The purchase
consideration will be fully satisfied by newly issued common shares of the
Purchaser (“Consideration“). Accordingly, following the completion of
the Proposed Divestment, SQG will be a subsidiary of the Company.

The Company envisage the Proposed
Divestment to be classified as a major transaction under Chapter 10 of the
Catalist Rules and may also constitute an interested person transaction under
Chapter 9 of the Catalist Rules. The Company will, through its Sponsor, consult
the SGX-ST on the applicability of Chapter 9 of the Catalist Rules, and if
necessary, on the applicability of Chapter 10 of the Catalist Rules.

The Parties further acknowledge and
understand that the Proposed Divestment
may constitute a reverse-takeover for SQG pursuant to the relevant regulations
of the TSX Venture Exchange.

The MOU does not constitute any legally
binding obligations on the Company and the Purchaser (collectively, the “Parties“).
It is intended to be a basis for further negotiations between the Parties.

Rationale

Upon the
completion of the Proposed Divestment, the Parties plans to develop, produce
and finance motion pictures and entertainment content targeted for the North
American market, as well as develop other entertainment-related businesses in
North America.

The rationale mentioned above is in line
with the Group’s strategy to diversify into the production and financing of US Hollywood
movies, a major initiative that the Group plans to unveil in the near future.

Consideration

The Consideration
for the Proposed Divestment is as follows:

(1) The price
per share of the Sale Shares shall be no less than KRW 2,000 (equivalent to S$2.30)
which is equivalent to the most recent significant transaction of the shares of
Spackman Media Group that has been documented in public records. Accordingly, the
Consideration shall be no less than KRW 27,936,076,000 (equivalent to S$32,126,487).

(2) The issue
price of the shares of the Purchaser to satisfy the Consideration will be discussed
and agreed upon by the Parties, in accordance with TSX Venture Exchange regulations.

The Consideration
shall be further negotiated and agreed upon between the Purchaser and the Company.

Conditions Precedent

The key
conditions precedent to the Proposed Divestment include, but not limited to,
the following:

(a) Completion
of the respective Parties’ due diligence exercise;

(b) The
Purchaser shall not own any shares in the Company prior to or at the time of
the execution of the Proposed Divestment;

(c) The Purchaser
shall consolidate its common shares on a 10:1 basis;

(d) Completion
of independent valuation on Spackman Media Group commissioned by each of the Company
and Purchaser, if required;

(e) Receipt of
approval from the shareholders of the Company in relation to the Proposed Divestment,
if needed;

(f) Receipt of
approval from the shareholders of the Purchaser in relation to the acquisition
of the Sale Shares and the issuance of its common shares, if needed; 


(g) All other
necessary approvals and consents from all relevant government, regulatory and
other authorities and third parties in Singapore, Canada, and other relevant
jurisdictions to effect and complete the Proposed Divestment being obtained,
and where such approvals or consents are subject to conditions pertaining to
and are to be complied with by the Purchaser, such conditions being reasonably
acceptable to the Purchaser.

Further Information

Negotiations between
the Parties are ongoing, and no binding agreement has been entered into between
the Parties in respect of the Proposed Divestment. Pursuant
to the MOU, the Parties agree that the MOU shall terminate if definitive
agreement(s) are not executed by 30 September 2020, unless extended mutually.

The Company shall
make the necessary announcements as and when there are further material
developments on the Proposed Divestment.

Caution in Trading

Shareholders and
potential investors should exercise caution when trading in the shares of the Company.
The Proposed Divestment is subject to
the execution of definitive agreement(s) by the Parties and conditions
precedent to be fulfilled, and there is no certainty or assurance that the definitive
agreement will be entered into, or that the Proposed Divestment will
be completed.

BY ORDER OF THE BOARD

Na
Kyoungwon

Chief
Operating Officer, President and Executive Director

18
August 2020

The partnership signals Lu International’s plan to capitalise on growth opportunities for financial services in some of the world’s up and coming economies, throughout and beyond Southeast Asia

SINGAPORE – Media OutReach – 18 August
2020 – Lu International
(Singapore) Financial Asset Exchange (PTE) Ltd. (‘Lu International’), a
subsidiary of China’s leading retail fintech enterprise Lufax Holding, and
KASIKORNBANK, one of Thailand’s largest banks, have recently announced a
strategic partnership to meet rising demands for digital financial services in
Thailand. The partnership allows KASIKORNBANK to leverage Lu International’s
technology and expertise to establish a comprehensive online wealth management
platform for retail investors in Thailand. This platform will be jointly
operated and managed by both parties.

Lufax Holding leverages
its innovative ‘cloud-exporting’ model to empower the banking customer with its
technological and operational advantages. The jointly built wealth management
platform will be deployed on a fintech empowering platform developed by Lufax
Holding. In recent years, Lufax Holding has adopted big data, artificial
intelligence, cloud computing and other emerging technologies to successfully
develop a number of fintech solutions, some of which have already been rolled
out — such as the investor suitability management system, ‘Know Your Intention
(KYI)’ model that integrates the company’s rich experiences in financial
operations, and strong research and development capabilities.

“This strategic
cooperation with KASIKORNBANK is a strong and mutually-beneficial alliance.
Lufax Holding, together with Lu International, has the technological
capabilities and wealth of experience in doing business globally to help
address a gap in the Thailand market.” Weighed in Greg Gibb, CEO of Lufax
Holding, “Together with KASIKORNBANK who has a long history of local operations
and has built a strong customer base in this market, we believe this
partnership will accelerate the pace of digital transformation within the
financial institution industry in Thailand and across the Southeast Asian
region.”

Lu International was set
up in Singapore in 2017 as Lufax Holding’s first international arm. Since then,
it has progressively extended its operations and market reach, which now spans
several markets in Asia, with over 380,000 registered customers.

Kit Wong, CEO of Lu
International, commented on the move, “Being based in Singapore, a gateway to
Southeast Asia, as well as being one of Singapore’s first wealth management
platforms providing end-to-end online account opening services and investment
operations, we are well positioned to be the fintech enabler of choice for
traditional financial institutions in the region that want to provide
convenient, efficient, intelligent and personalised digital financial services
to investors.” In the coming months, Wong added, “We will continue to grow our
capabilities in Southeast Asia, extending our footprint in the region to meet
the needs of our customers and support the business growth of our partners.”

LU Global is the online
wealth management mobile platform operated by Lu International that offers
customers with round-the-clock access to a wide range of high-quality
investments. Utilising the technology developed by Lufax Holding, LU Global has
instated a robust risk management system that adopts strict Know Your Product
(KYP) and Know Your Customer (KYC) compliance procedures, alongside an
Anti-Money Laundering (AML) and anti-fraud system.

Kattiya Indaravijaya, CEO
of KASIKORNBANK, said, “The world is about to enter another wave of digital
disruption as big players like commercial banks morph into fintech
organisations. It is imperative that we quickly adjust ourselves and strengthen
our capabilities to seek new business opportunities. With the necessary
technical support coupled with fintech innovation, KASIKORNBANK has
successfully achieved digital transformation through the partnership with Lu
International, as well as the help of an open banking services model. We are
ready to create a digital service platform to allow Thai individuals and
businesses to go beyond borders to capitalise on massive opportunities in the
‘Era of Asia’.”

Established in 1945,
KASIKORNBANK is the fourth-largest commercial bank in Thailand. It has an
extensive customer base in the country with 17.3 million customers, including
12.7 million online users. KASIKORNBANK has been actively promoting the
digitisation process in recent years and is committed to providing a full range
of financial services through digital platforms to its customers.

About Lufax Holding

Lufax Holding is a
China-leading retail fintech enterprise operating in businesses mainly
including retail credit facilitation and online wealth management. In wealth
management, Lufax Holding provides diverse and customised products and services
for the Chinese middle-class and affluent investors through
the platform LU.com. Currently, it has established a wide range of asset-end
cooperation ties with over 400 financial institutions.

About LU Global

LU Global is the online
wealth management platform operated by Lu International (Singapore) Financial
Asset Exchange Pte Ltd (Co. Reg No 201702479G). Lu Global is a mobile
investment and wealth management platform operated out of Singapore. It offers 24/7 online access to a wide range of high
quality investments, and offers investors the
opportunity to invest easily with small investment amounts, and with low
commitment. The customers have the ability to
invest with maximum flexibility while still being able to benefit from superior
returns. For more information, please visit https://www.lu-global.com/.