StreetScooter Provides Electric Vans And Charging Infrastructure For Amazon

  • Aachen-based manufacturer of electric commercial vehicles partners with Amazon, delivering 40 StreetScooter WORK Box vans and 60 charging stations

Vans will be deployed for last-mile delivery to customers in Munich.

Amazon has ordered 40 StreetScooter WORK Box electric vans which will be deployed at its distribution centre in Munich Daglfing. Complementing the vehicle order, StreetScooter has also installed 60 charging stations at the Amazon site.

“We were very delighted that Amazon turned to StreetScooter for a climate-friendly delivery solution as well as our proven charging infrastructure expertise,” said Jörg Sommer, CEO of StreetScooter GmbH.

“Amazon is committed to achieving the Paris agreement targets ten years ahead of schedule – in 2040 instead of 2050 – so we are collaborating with a number of different partners developing new technologies and helping promote a carbon-neutral economy,” explained Adam Elman, Senior Lead Sustainability, Amazon Europe. “We look forward to working with StreetScooter and using their expertise to add additional electric vehicles and charging stations to our network and achieve carbon-neutral delivery operations.”

StreetScooter’s “Made in Germany” e-vans not only proved their ability to handle the heavy demands of last-mile delivery but scored points for economy and ROI as well. According to Jörg Sommer, StreetScooter performs better in the total cost of ownership after just a few years as compared to conventional combustion-engine vehicles.

Mouka Celebrates Armed Forces Remembrance Day

In commemoration of the Armed Forces Remembrance Day, Mouka, the foremost manufacturer of mattresses and other bedding products has made a presentation to the country’s Armed Forces.

The company made the presentation at the Nigerian Armed Forces Resettlement Centre (NAFRC), Oshodi, Lagos, in honour of members of the Armed Forces being reintegrated into civil life.

Representing the organization at the event was its chief executive officer, Raymond Murphy, accompanied by some members of the Leadership team to meet with the country’s Minister of Defence, Maj.Gen. Bashir Salihi Magashi who presided over the occasion and the Commandant of NAFRC, Air Vice Marshal Sanni Liman, during the combined graduation ceremony of the mid-level officer’s entrepreneurship and management courses.

Chief Executive Officer, Mouka, Raymond Murphy, with Commandant Nigerian Armed Forces Resettlement Centre, Air Vice Marshal Sanni Liman, Minister of Defence, Maj. Gen. Bashir SalihiMagashi (Rtd), Wife of former Governor of Cross River State, Onari Duke, and chairman, Senate Committee on Defence, Sen. AliuWamako, during an event in honour of ex-servicemen at the Nigerian Armed Forces Resettlement Centre, Oshodi, Lagos at the weekend.

Mouka, through its Chief Executive, donated a number of its products to the NAFRC in honour of members of the Armed Forces who have brilliantly served the country.

According to Mouka’s boss, the gesture was also in commemoration of the Armed Forces Remembrance Day, adding that it was the Brand’s own way of identifying with the NAFRC’ s vision of becoming “a world-class training institution capable of repositioning ex-servicemen and women to cope with challenges of service in their post-service life.”

Chief Executive Officer, Mouka, Raymond Murphy receiving the Minister of Defence, Maj. Gen.  Bashir Salihi Magashi (Rtd) at the Mouka presentation stand, the Nigerian Armed Forces Resettlement Centre during the presentation of the company’s innovative products in honour of ex-servicemen.

“It is my honour and that of Mouka, to felicitate members of the armed forces especially as the country celebrates the fallen heroes and serving members of the forces who put their safety on the line for the wellbeing of the citizenry.  This presentation is Mouka’s way of identifying with the Nigerian Armed Forces Resettlement Centre even as we look forward to forging a strong partnership with this noble institution in the near future,” Raymond Murphy said.

The Minister acknowledged the gesture, describing it as laudable.

“This is commendable, and it is appreciated,” the Minister remarked.

Products presented include Regina semi orthopaedic mattresses, pillows and Mouka Mozzi range of insect repellent products.

Domino’s Smallie Pizza is back all day, Every day!!!

Just last year, Domino’s Pizza Nigeria blew our minds with the introduction of a new Smallie Pizza range. For the first time ever, Nigerians were able to purchase 6 inches of delicious, cheesy heaven, to be enjoyed with a perfectly chilled bottle of coke, all for “shikini money.” Revolutionary!

You may not have heard, but Naija’s favourite Smallie pizza is BACK & available all day, round the clock across all Domino’s Pizza outlets to serve your cravings. We are even more excited about this because they have added two new flavours to the Smallie range- Beeife Suya & Chicky-pie. This is the perfect lunch going forward J.

We are sure you saw how Domino’s Pizza took Lekki toll gate by storm, by sharing their hot, freshly baked Smallies with a bottle of Coke, FREE OF CHARGE to some lucky commuters, helping to ease the pain and frustration of the rush hour traffic! What an exciting way to announce the reintroduction of your Smallie Pizzas!

If you missed yesterday’s fun, don’t worry; Domino’s Pizza will be storming neighbourhoods all over Lagos, on the 16th and next week,  and surprising you with free boxes of Smallie Pizzas just to let you know that your favourite Smallie pizza is back. Let us know if you’re one of the lucky ones!!

We’ve all had those days when we didn’t feel like sharing our favourite treats (lol), the Smallie pizza gives us all the perfect excuse to gobble up a whole pizza on our own. You can now purchase all the original 6 flavours every day of the week in all stores nationwide.

Yes, you heard that right! The NEW Beefie Suya & Chicky-Pie, with Fiery Suya, Sweet Margie, Smokie Sausage, Meatie-Pie are all back to exhilarate our taste buds and our wallets!

If you are like me, the closest Domino’s Pizza outlet will be your next stop. Oh, you can also place your order on www.dominos.ng and follow any social media handles to join the conversation.

Nollywood: Board urges filmmakers to produce movies for children

The National Film and Video Censors Board (NFVCB) has urged Nollywood filmmakers to produce more movies under the ‘general viewing’ (G) classification for the viewing interests of children.
Mrs Olayemi Alonge-Oyadiran, the board’s Director of Film Censorship and Classification, made the call in an interview with the Nigeria News Agency on Tuesday in Abuja. Alonge-Oyadiran noted that the trend of film submission for censorship during the past year showed that filmmakers have little or no interest in producing children-friendly movies.
Also, Director Spike Lee to head 2020 Cannes Film Festival jury. She advised that since children were always attracted to entertainment, especially movies, there was a need to produce more films suitable for their age.
Filmmakers have continued to shy away from child-friendly movies as contents and themes of movie submitted for censoring in 2019 largely received such ratings as ‘18’ and ‘15’.

“It implies that most of the films they are producing now are meant for adults and they are not children friendly in any way.

“There is an urgent need for sensitization of stakeholders on the importance of making movies that are full of child-friendly contents,” she said.

The director noted that the trend was not good enough for the moral development of children since they were prone to watching films than adults.

According to her, most of the movies submitted for censorship in the past year were centred on themes such as royalty, domestic violence, money rituals, prostitution, and marriages.

She added that “only a few treated themes on advocacy and awareness on diseases such as Sickle Cell, Polio, HIV, and VVF”.

Alonge-Oyadiran, therefore, advised movie producers in the Nigerian movie industry to eschew storylines that erode values that define the African people.

She warned that films that reinforce violence and moral decadence have a demeaning effect on age-long values and acceptable ways of life, which may escalate juvenile delinquency.

While noting that the filmmakers are business persons set out to make a profit, she, however, said there is a need for them to be socially responsible as they shape public opinions.

She, therefore, urged filmmakers to always submit their contents to NFVCB for a rating in order to safeguard the Nigerian child.

“The language used in a film, act of violence and nudity, send messages out to people, especially children, who may apply them wrongly,” said the director.

According to her, 406 films were approved by the board in 2019, covering genres such as Yoruba, Hausa, Igbo, Bini, Urhobo, Hindi and movies in English.

NAN reports that the NFVCB is a Federal Government body that regulates the films and video industry in Nigeria.

The board is empowered by law to classify all films and videos whether imported or produced locally.

It is also the duty of the board to register all films and videos outlet across the country and to keep a register of such registered outlets, among other functions.

Its classification symbols include the “G” rating, which implies ‘suitable for viewing by persons of all ages’, “15” meant only for persons of 15 years and “18” meant for mature audiences.

Others are “12” meant only for persons of 12 years and the “12A” for 12 years and above, “PG” implying Parental Guidance and “RE”, which implies Restricted Exhibition.

Bespoke solar developer NEFIN installs the city’s largest solar panel system at Hong Kong Disneyland Resort

0

HONG KONG, CHINA – Media OutReach – 15 January 2020 – Last
December, Hong Kong Disneyland Resort (“HKDL”) appointed NEFIN Solar Asset Limited
(“NEFIN”), a member of the NEFIN Group, to install the city’s largest solar power
system. Following the recent completion of the project’s second phase, a total
of 4,500 solar modules, approximately the size of a football field, have now
been installed on rooftop spaces at the resort’s buildings.

 

With
the full system up and running following the project’s second phase, HKDL has become the city’s
biggest producer of solar power to date with an installed capacity of over 1.8
MWp. HKDL and NEFIN share the same commitment to sustainability and
environmental protection. With over a decade of industry-leading expertise in
solar development, NEFIN installed a comprehensive suite of bespoke integrated
solar energy systems at HKDL, which use the latest photovoltaic innovations.
The project was engineered with high safety and quality standards to withstand
typhoons and salt corrosion. The inverted V-shape design of the panels
maximizes electricity generation and minimizes the impact of wind load.

 

“NEFIN
is honored to be part of HKDL’s green initiative which brings both companies a
step closer to tackling climate change and reducing carbon footprints. It is
our mission to help our clients achieve carbon neutrality. NEFIN selected premium
grade equipment to perform module level monitoring and generation optimization
for this project. This enables us to maximize yield while tackling hot spot
issues simultaneously. Our system is sensitive and prudent enough to isolate
and automatically shut down the affected module when a potential fault is
detected.” said Mr. Glenn Lim, CEO of NEFIN. As a Hong Kong Science Park
incubated company, NEFIN is currently developing AI solutions to monitor and
manage renewable energy assets more efficiently and effectively.

 

Hong
Kong continuously strives towards building a green city and embracing
technological advancements. The implementation of feed-in tariff scheme (FiT)
by local electricity suppliers aims to reduce the constraints on developing
renewable energy projects and incentivizes sustainable development for
businesses. The solar panel installation at HKDL is a project that aspires to
motivate others to work towards a carbon neutral Hong Kong.

About NEFIN Group

Founded
by core management team of DuPont Solar Business, legal expert and investment
bankers, NEFIN has collectively delivered over 180MW of utility-scale,
commercial and industrial rooftop solar systems all over the world. The group’s
total solutions not only offer comprehensive portfolio of high-performance
products, feasibility study, system design, engineering and asset management, but also provide flexible financing
solutions to partners who opt for ZERO investment. Please refer to NEFIN’s
website www.nefinco.com for more information.

Kerry Logistics A Five-Time Winner at the Quamnet Outstanding Enterprise Awards 2019

0

HONG KONG, CHINA – Media OutReach – 15 January 2020 – Kerry
Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) was a proud
winner at the Quamnet Outstanding
Enterprise Awards (‘QOEA’) 2019 for the fifth consecutive year, clinching the
Outstanding Global 3PL title for the third year running.

Presented in Hong Kong last night by leading Hong Kong financial news
platform Quamnet, the title secured Kerry Logistics’ reputation as a global 3PL
with expanding worldwide presence. With the QOEA, Kerry Logistics was commended for its distinction
in products and services, brand reputation, philosophy of operation, marketing
strategies, sustainable development strategies, accomplishments, corporate
social responsibility and unique business philosophy or development.

 

Alex Ng, Executive Director of Kerry Logistics, said, “We are grateful to Quamnet for its
recognition of our constant dedication to excellence. To receive the Outstanding Global 3PL title for the third
time is a great encouragement as we extend our international footprint across
diverse regions. We will continue to enhance our service capabilities while
growing our geographical coverage in order to accommodate the changing needs of
our customers around the world.”

 

Organised annually, the QOEA is
judged by a committee made up of the Quamnet editorial team, the Quam research
team and independent financial analysts to identify and compliment the
remarkable performance of Hong Kong enterprises. Prior to winning the
Outstanding Global 3PL title in 2017 and 2018, Kerry Logistics was named
Outstanding Global Logistics Network and Outstanding Logistics Solution
Provider in 2015 and 2016, respectively.

 

Kerry Logistics has recently deepened
its reach in the Middle East by setting up a new office in Bahrain and opening
a new bonded logistics facility in Dubai, in addition to acquiring a majority interest in Turkey’s Asav
Lojistik Hizmetleri Anonim Sirketi to further the expansion of its global
network and strengthen its international freight forwarding capabilities.

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 55 countries and territories, and is managing 70 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.

About Quamnet Outstanding Enterprise Awards

Instituted
in 2009, QOEA is organised by Quamnet, a leading financial website in Hong
Kong, to identify and praise the excellent performance of Hong Kong
enterprises. It has developed into an annual event with wide recognition and
support from independent investors, media and industries.

World’s Largest Annual Feng Shui And Astrology Live Conference by No. 1 Chinese Metaphysics Expert Joey Yap Concludes with Global Audience of 32,000

0

Participants from over 32 countries attended Joey Yap’s largest conferences in Singapore and Kuala Lumpur

 

  • Over 32,000
    participants attended Joey Yap’s annual Feng Shui & Astrology seminar (FSA
    2020) this year
  • Joey Yap shared
    about the forecasts for the Year of the Metal Rat and shed light on the global
    economic outlook for 2020

SINGAPORE – Media OutReach –
15 January 2020 – Global best-selling author and world-famous Feng
Shui expert Joey Yap successfully held his highly-anticipated annual Feng Shui
& Astrology seminar across Singapore and Kuala Lumpur, drawing the largest
crowd of over 32,000 participants. Attracting over 8,000 attendees at Resorts
World Sentosa in Singapore on 5th January 2020, the FSA 2020 went on
to enthral an overwhelming crowd of more than 24,000 enthusiastic fans on 11th
and 12th January 2020 in Kuala Lumpur.



Participants from over 32 countries have specially made their way to Joey Yap’s
live conferences to gain valuable insights on the upcoming year from the
renowned Feng Shui expert.

During the highly successful conferences, Joey Yap
shared his wealth of insights on the latest 2020 Feng Shui Outlook, as well as comprehensive forecasts on wealth,
career, romance, health and family for each of the 12 zodiac groups. Joey Yap
also revealed a useful deep dive analysis of Feng Shui and Qi Men, as well as how one can utilise Qi Men Dun Jia
charts to forecast outcomes, and to improve each individual’s life for 2020.

Joey Yap Feng Shui &
Astrology seminar 2020 in Kuala Lumpur
Joey Yap Feng Shui &
Astrology seminar 2020 in Singapore

Joey Yap’s first seminar was
held almost 24 years ago, with a humble attendance of 8 participants. Since
then, his followers have grown by leaps and bounds, and enthusiasts from all
over the world have travelled miles to attend his highly-anticipated live
conferences every year.

“In the span of a week, I’ve
had the honor of speaking to, and touching over 32,000 lives. This is the
biggest crowd that I have ever spoken to. What a long way we’ve come, and this
is truly an unbelievable dream come true. It has been the utmost pleasure of my
team to serve you, and we couldn’t be more proud of successfully building this
community to help transform lives together,” says Joey Yap.

Design your ideal life in 2020
with Joey Yap’s invaluable insights with your own BaZi chart using Chinese
Metaphysics, and build 2020 as your best year yet.

Missed out on the seminar? It is never too late to
start learning! Check out the the FREE Thriver’s Guide 2020 that everyone is raving about at: (http://www.joeyyap.com/2020sg).

About Joey Yap

Joey is the
world #1 authority in Feng Shui and Chinese Metaphysics. He’s
a bestselling author of 182 books published in 7 different languages with
more than 4,200,000 copies sold globally. He speaks to more than 50,000
people at his live events around the world and has been featured in BBC,
Bloomberg, CNBC, CNN, Forbes, The International Herald Tribune, Tatler and
Time.


In the last 20 years, he has been helping thousands of students and clients
from all over the world, embark on their life’s journey towards a
transformational experience using Feng Shui, BaZi, Yi Jing, Face Reading,
Date Selection and Qi Men Dun Jia. He is also the creator of the award-winning
programs Grow Rich with BaZi and Design

Your
Destiny programs. 

Facebook: https://www.facebook.com/datojoeyyap/ 
Instagram: 
https://www.instagram.com/djoeyyap/

 

BrickMark signs purchase agreement for the largest ever real estate transaction paid in tokens of a total volume of over CHF 130 million

0

  • BrickMark purchases a prime commercial
    building from RFR Holding in the heart of Zurich’s central business district in
    a share
  • A significant part of the purchase price
    will be paid in BrickMark tokens
  • The premium investment property with 1,600
    sqm of space in the heart of Bahnhofstrasse has high redevelopment potential
  • The BrickMark real estate portfolio will
    continue to grow quickly with a pipeline of nealy 1 billion in commercial
    properties mainly in major cities in central europe
  • BrickMark is now positioned as the world’s
    leading blockchain real estate investment firm
  • The management team combines the experience
    of more than a century of real estate investment expertise managing over EUR 15
    billion of property assets

Berlin/Zug – EQS Newswire – 15 January 2020 – BrickMark AG
(“BrickMark”), an innovative, high-growth real estate Investment
company, today announced that it has signed a purchase agreement about the
largest ever real estate purchase using tokens, buying a high profile prime
commercial property on Zurich’s prestigious Bahnhofstrasse. The transaction
volume amounts to over CHF 130 million. The transaction is based on a share
deal and initially BrickMark acquired 80% of the shares of Bahnhofstrasse AG
with a call option on the remaining 20% within 9 months. The seller of the
property is the international real estate investor RFR Holding GmbH
(“RFR”). RFR will remain a 20% shareholder in Bahnhoftstrasse AG and
will lead the redevelopment process. A considerable part of the purchase price
will be paid in BrickMark tokens.

The purchase agreement signed by the two parties opens up new dimensions in
terms of the size and institutional character of token-financed real estate
transactions. “We are breaking new ground for the real estate
industry,” said Stephan Rind, CEO of BrickMark. “There has never been
a token-based real estate transaction of this magnitude. We are implementing
what was once no more than a concept in the real estate industry. This is why
it was so important to us that the real estate and transaction partners were of
the highest quality and reputation.”


Property in a prime location on Bahnhofstrasse – floor space expansion
planned

The property acquired by BrickMark is located at Bahnhofstrasse 52 in central
Zurich, in the heart of the central business district of one of Europe’s most
important financial hubs and along one of the world’s exclusive and most
prestigious luxury shopping boulevards. The property has a lettable space of
more than 1,600 square meters. Most of this is currently used by office
tenants, with only about 15 percent along the ground floor level being used by retailers.
By intelligently redesigning individual areas of the property, retail space
will be increased some six-fold – more than doubling the total annual rental
income of the property – without reducing the existing office capacity. The
official approval process will be initiated immediately and construction work
is scheduled to be completed in approximately 24 months.

“Bahnhofstrasse is one of the top addresses in Europe”, says Rind.
“Being able to acquire on favorable terms a top-quality property in this
location that offers considerable potential for further value creation is a
rare opportunity, especially in today’s market environment. We are delighted to
have purchased this property from RFR Holding, a renowned institutional real
estate investor, in an off-market deal. RFR’s interest in innovation in the
real estate industry was certainly helpful.”

A successful financing round marks the start of further growth with
highly profitable properties

With the acquisition of Bahnhofstrasse 52, BrickMark will finalize a financing
round of over EUR 50 million with international investors. BrickMark sees the
signing of the current real estate transaction as a first step kicking off the
creation of a large scale international real estate portfolio. The company’s investment
strategy targets high-quality commercial properties and value-add portfolios in
top-tier European and North American cities. BrickMark plans to use its own
tokens as the preferred financing instrument. The BrickMark tokens will be
based on the Ethereum blockchain based on the ERC-20 protocol and make use of
smart contracts to establish the detailed rights and entitlements of the token
holders. These will also include clearly defined claims by the token holders
for recurring payments from the rental income and participation in the value
growth of the portfolio.


Tokenization enables higher standards of transparency and compliance

BrickMark is committed to the state-of-the-art transparency and reporting
levels of the international real estate market. The company has already been
accepted as a member of EPRA (the European Public Real Estate Association),
which represents the leading real estate investment companies across the
continent. BrickMark reports incude key performance metrics consistent with EPRA
best practice guidelines , its accounting is in accordance with international
accounting standards and has adopted a governance code adhering to global
institutional investor standards.

The BrickMark team comprises well-known and successful real estate
managers and investors

At BrickMark, a well known team of senior industry professionals with
outstanding individual track records in the international real estate
investment industry pool their expertise and their networks to promote the
success of the company. The team includes Stephan Rind, Mark Abramson, Dr.
Luciano Gabriel and John Nacos. Stephan Rind, CEO of BrickMark, is best known
as the visionary founder of Colonia Real Estate AG in 2003, one of the first
publicly traded real estate companies in Germany, building it into the the
third-largest listed residential property company with a multibillion euro
portfolio value before it was successfully acquired by TAG Immobilien AG. Mark
Abramson was most recently a partner at Heitman LLC, a leading US-based
investment firm, responsible for billions of dollars of investment in the
global real estate sector on behalf of institutional clients. Dr. Luciano
Gabriel, BrickMark’s Chairman of the Advisory Board, spent over 15 years in
management positions in the Swiss financial industry, as CFO and then CEO of
PSP Swiss Property AG, the second largest listed real estate company in
Switzerland owning more than CHF 7billion of commercial property. After holding
senior management positions in the mortgage and real estate divisions of
Merrill Lynch, John Nacos, BrickMark advisor, was EMEA and global head of
commercial real estate at Deutsche Bank and was until recently a member of the
supervisory board of CA Immo AG, Austria, one of the largest commercial
property owners in Europe.


“We will combine real estate assets with the benefits of
blockchain.”

As an innovativor in real estat investment, BrickMark is combining the asset
value and profitability benefits of this asset class (with total value greater
than the combined value of global bond and stock markets) with the
technological possibilities of smart contracts in blockchain and tokenization
to create a more efficient, more functional and more fit-for-purpose form of
capital designed specifically for the needs of today’s global institutional
investor

“BrickMark has set out to establish an additional form of capital in
the institutional real estate market using blockchain technology,” said
Stephan Rind, CEO of BrickMark. ” We are proud to have carried out the
largest transaction to date in the real estate industry worldwide using tokens
as a means of payment. In RFR, we have an international transaction partner
with a double-digit billion-dollar portfolio of premium real estate, including
many classics in the history of architecture. As we have a substantial pipeline
of other high-quality properties to add to our real estate investment
portfolio, we see this transaction very much as the first stage of our growth
trajectory.”

Dr. Alexander Koblischek, Managing Director of RFR Management GmbH: “We
gladly accepted the Brickmark tokens as part of the purchase price. We assume
that digital financial instruments will also significantly gain in importance
in the real estate sector in the future. The current transaction may have an
icebreaker function for the sector in terms of its volume and institutional
character”.


Webcast / Conference Call on 15 January 2020

BrickMark AG invites media representatives and institutional investors to a
conference call with accompanying presentation on the internet. The CEO of
BrickMark, Stephan Rind, will explain details on the transaction, the
perspectives of the company as well as real estate tokenization.


The conference call will take place on 15 January 2020 at 11.15 am. The
following dial-in data apply:

DE: +4969201744220

CH: +41445806522

UK: +442030092470

USA: +18774230830

The necessary PIN code is available for those interested under jpommer@edicto.de or by
phone under +49 69 90550557.

You can follow the presentation online under the following link:
https://webcasts.eqs.com/brickmark20200115/no-audio

A replay of the webcast will be available on the website of BrickMark under www.brickmark.net.

About BrickMark

BrickMark,
“The Blockchain Real Estate Company”, is an international real estate
investor and real estate asset manager, and a pioneer in the tokenization of
real estate. The company, in which high-caliber managers from the real estate
industry pool their expertise and networks, has begun to build a real estate
portfolio with a focus on high-quality, highly profitable residential and
commercial properties in Europe and North America. The company is using a new
form of digital security, the BrickMark token, as an integral part of the
capital-raising process. The company thus combines the asset value and
profitability benefits of real estate as an asset class with the technological
possibilities of smart contracts in the blockchain. Like listed real estate
companies, BrickMark embraces high transparency levels and compliance with
international valuation standards. BrickMark is a member of EPRA and has offices
in Zug, Zurich and Berlin. www.brickmark.net

Johnson Electric reports Business and Unaudited Financial Information for the Third Quarter of Financial Year 2019/20

0

HONG KONG,
CHINA – Media OutReach – 15 January 2020 – This news release is made by Johnson
Electric Holdings Limited (“Johnson Electric” or the “Company”) for the
business operations and selected unaudited financial information of the Company
and its subsidiaries (the “Group”) for the nine months ended 31 December 2019.

 

The Board of Directors of
the Company considers the publication of quarterly performance updates to be
consistent with international corporate disclosure best practice. The objective
of this news release is to provide transparency and to ensure that investors
and potential investors receive equal access to the same information at the
same time.

 

The Group’s sales for the
nine months ended 31 December 2019 were US$2,338 million compared to US$2,436
million for the same period in 2018; a decrease of 4%. Excluding currency
movements, sales decreased by 2% to US$2,390 million.

 

Foreign exchange rate
movements had a negative effect of US$52 million on the Group’s sales during
the period. This was mainly due to the decline of the Euro and Chinese Renminbi
versus the US Dollar, comparing average exchange rates for the nine months
ended 31 December 2019 to the same period last year.

 

Automotive Products Group (“APG”)

 

APG’s sales for the
nine-month period, as reported, decreased by US$27 million or 1%.

 

Excluding currency
movements, APG’s sales increased by 1%, an outperformance compared to the 6%
decline in global light vehicle production volumes in the same period.  Sales changes by region in constant currency
terms were as follows:

 

  • Asia decreased 3%
  • Europe was flat
  • Americas increased 8%

 

APG’s sales outperformance
compared to automotive industry production volumes was due to new product
launches and production increases including thermal management and braking
applications. The division’s innovative technology and product portfolio
remains well positioned to meet growing demand for the electrification of
critical automotive functions to increase powertrain efficiency, reduce vehicle
weight and improve safety, reliability and comfort.

 

Industry Products Group
(“IPG”)

 

IPG’s sales for the
nine-month period, as reported, decreased by US$72 million or 13%.

 

Excluding currency effects,
sales decreased by 12% compared to the same period last year. Sales changes by
region in constant currency terms were:

 

  • Asia decreased 13%
  • Europe decreased 13%
  • Americas
    decreased 10%

 

IPG’s sales decreased in all
regions reflecting lower demand and increased competitive pressure in many
end-market segments. Furthermore, with the market downturn, customers are reducing
inventory levels. These impacts were especially noticeable in the China export
market as well as the floor-care, white goods, and lawn and garden segments.

 

Chairman’s Comments on Year-to-Date
Sales Performance and Outlook

 

Concerning the year-to-date
sales performance and the outlook for the remainder of the current financial
year, the Chairman and Chief Executive, Dr. Patrick Shui-Chung Wang, said,
“Johnson Electric’s overall sales trajectory continues to improve despite
recessionary conditions in several industrial manufacturing markets in which
the Group operates. Our Automotive components division is achieving organic
sales growth substantially above the global industry average and, based on
current trends, we reaffirm our previous guidance that total Group sales for
the second half of the financial year is expected to exceed that of the first
half.  As a result, excluding currency
movements, full year total sales will likely be only slightly below that of the
prior year.”

 

Cautionary
Statement

 

Shareholders and potential
investors in the Company are reminded that the information provided in this news
release, including information related to the expected outlook for the full
year, is based on the Group’s unaudited internal records and management
accounts. This information has not been reviewed or audited by the Company’s
auditors.

 

Shareholders
and potential investors should exercise caution when dealing or investing in
the shares of the Company.


About Johnson Electric Group

The
Johnson Electric Group is a global leader in electric motors, actuators, motion
subsystems and related electro-mechanical components. It serves a broad range
of industries including Automotive, Smart Metering, Medical Devices, Business
Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn
& Garden Equipment. The Group is headquartered in Hong Kong and employs
over 36,000 individuals in more than 23 countries worldwide. Johnson Electric
Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock
Code: 179). For further information, please visit: www.johnsonelectric.com.

Top 10 global consumer trends for 2020 – Euromonitor

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Market research provider Euromonitor International has released its ‘Top 10 Global Consumer Trends 2020’ report. The annual report identifies the most impactful trends driving consumer behaviour, values and habits in the year ahead.
1. Beyond human:

Artificial intelligence is becoming mainstream. Consumers are embracing AI for convenience, and businesses are integrating this technology to automate operations and deliver personalised solutions.

2. Catch me in seconds

With the amount of information readily available, capturing consumer attention requires concise, relevant and multisensory content that can be processed in an instant.

3. Frictionless mobility

Consumers want modular and personalised transportation options that account for time, budget, weather and occasion for a seamless travel journey.

Sub-Saharan Africa is home to 14% of the world’s population and by 2030, the region’s population will surpass that of China. The way consumers shop in the region is ever-changing…

4. Inclusive for all

Authenticity and inclusivity are in the spotlight. Brands are reframing their products and services to be accessible to everyone. Diversity will become a measure of brand relevance.

5. Minding myself

Mental wellbeing is at the forefront of consumer concerns and will shape the future of socialising. There is a rising demand for products with active ingredients and functional attributes positioned to address specific need states.

6. Multifunctional homes

The ability to do everything – work, shop, exercise and other activities – from the comfort of home is shifting consumer habits to revolve around in-home consumption.

7. Private personalisation

Consumers want tailored experiences but are concerned about the collection and sharing of personal data. Consumers will likely opt out of digitally manufactured experiences that do not add value.

By the end of 2019, the rising anger around the globe was palpable, as were the divisions that fuelled the rage. Whether they were political, economic, environmental or cultural, anger and dissatisfaction were omnipresent, and the merest spark ignited the flames of protest. That’s the focus of Flux Trends’ latest “The State We’re In” report…

8. Proudly local, going global

Consumers are returning to their roots. Niche brands start their global route to success by accentuating their local credentials. Multinationals are becoming more sophisticated in shaping their products to local culture.

9. Reuse revolutionaries

Ethical consumers are looking for alternatives to single-use products to reduce environmental footprint and waste. New circular business models aim to offer more with less through sharing, reusing, refilling and renting.

10. We want clean air everywhere

The impact of air pollution on health is becoming widely known with climate activism only escalating. Businesses are facing pressures to provide solutions that safeguard the environment and consumers from the effects of poor air quality. The future points toward cleaner and more sustainable cities.

“Convenience and personal control are the core themes connecting these trends in 2020,” says Gina Westbrook, director of consumer trends at Euromonitor International.

“Consumers are putting themselves first as they look for ways to simplify their lives.”

Download the Top 10 global consumer trends for 2020 – Euromonitor full report here