J.P. Morgan Securities plc: Pre-stabilisation Period Announcement

KUALA LUMPUR, Sept 29 -- J.P. Morgan Securities plc hereby gives notice, as Stabilisation Coordinator, that the Stabilising Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/xxx/2016 under the Market Abuse Regulation (EU/596/2016).

According to a statement, Stabilisation Manager(s) are BNP Paribas; Citi; and, Goldman Sachs International.

In connection with the offer of the securities, the Stabilising Manager(s), or persons acting on behalf of the Stabilising Manager(s) may over-allot the securities, provided that the aggregate principal amount of the securities allotted does not exceed 105 per cent of the aggregate principal amount of the securities, or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail.

However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time, but it must end no later than the earlier of 30 days after the issue date of the securities and 60 days after the date of allotment of the securities.

Stabilisation period expected to start on Sept 28, while Stabilisation period expected to end no later than Oct 28.

This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments.

This also includes high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 

-- BERNAMA

Walking the talk: Talkwalker hastens brands to actionable consumer intelligence

 

KUALA LUMPUR, Sept 29 -- Talkwalker, the #1 consumer intelligence company has announced the launch of two products.

These will strengthen its Consumer Intelligence Acceleration Platform(TM) alongside the growth of its social listening capabilities and deliver brands actionable consumer intelligence to drive business impact.

“Our new products and platform expand our deep listening capabilities into new areas, arming brands with insights that they can benefit from immediately,” said Talkwalker Chief Executive Officer, Tod Nielsen in a statement.

Talkwalker's platform, powered by Blue Silk(TM) technology, now includes three industry-leading products namely Market Intelligence; Customer Intelligence; and, Social Intelligence.

Market Intelligence provides consumer trends analysis and real-time industry datasets, with an app per category, to fast-track innovation. Covering a variety of industries including consumer goods, entertainment, health & wellness.

Meanwhile, Customer Intelligence creates a unique single customer view by combining customer and consumer data, social, ratings, and reviews, while Social Intelligence is an expansion of its deep social listening capabilities at scale, to help companies protect, measure, and promote their brands.

Talkwalker also introduced its professional services Talkwalker Activate team, offering a broad range of customer services, including training, onboarding and insights, to help clients accelerate their time to value with Talkwalker technologies, from investment to real-world results.

Talkwalker was also announced as a Twitter Official Partner, recognised as a vetted, best-in-class solution to help brands innovate and scale their business.

The new offerings were announced live at Talkwalker's Dare to accelerate, a customer event in Paris that brought together industry leaders to inspire the next generation of consumer intelligence.

At the event, Talkwalker demonstrated how the platform can be used across all aspects of the business for social listening, market research, customer intelligence, and product development.

More details at www.talkwalker.com.

-- BERNAMA

WE Communications study reveals consumers want brands to rectify fractured world

KUALA LUMPUR, Sept 23 -- WE Communications has released results from its latest Brands in Motion report, ‘The Bravery Mandate’, with the data exposed escalating tension between expectations for brands to drive stability in a fast-changing, fractured world and heightened skepticism about purpose-washing.

“We’ve reached an inflection point where people are craving businesses to fill the leadership void. To be the driving force of positive societal impact, brands should ask themselves, ‘If not us, who?’ and take bold, brave action,” said WE Communications Global Chief Executive Officer, Melissa Waggener Zorkin.

According to a statement, the number of global study respondents saying they expect brands to create stability in uncertain times rose 30 per cent since 2019 — with brands now viewed as important a pillar of society as educators and friend-and-family networks.

Despite those rising expectations, brands’ perceived impact for societal good remains flat, with 52 per cent saying that attempts to impact societal issues are anchored in trying to sell more products or services. 

Consumers and B2B decision-makers are voting with their wallets to measure brand support. Two out of three respondents say they are more likely to purchase or recommend products or services from brands that address societal issues that matter to them.

Although two-thirds of survey respondents are open to brands speaking and acting on societal issues, one third are not. Navigating this divide requires active engagement with key stakeholders, including employees, shareholders, customers and community members, to illuminate long-term goals and values.

In addition, the Brands in Motion report dug into expectations when it comes to defining and demonstrating brand purpose. It’s clear that expectations are high and at times nuanced — taking a stance on social issues requires agility and long-term commitment.

Over the past five years, Brands in Motion global studies have surveyed more than 90,000 consumers and B2B decision-makers worldwide to understand the impact of how perceptions shift over time.

-- BERNAMA

Wings Capital Partners LLC soars with US$500 million secured loan facility closing

KUALA LUMPUR, Sept 24 -- Wings Capital Partners LLC (Wings) has announced the closing of a US$500 million secured loan facility with a syndicate of four major international banks. (US$1 = RM4.175)

The five-year loan facility contains a two-year acquisition period and can be upsized to US$750 million. The facility will be used to acquire a portfolio of predominantly young, in-demand, narrow-body commercial jet aircraft.

The lending group consists of Goldman Sachs Bank USA, Credit Agricole Securities, Natixis S.A. and Royal Bank of Canada. Goldman Sachs Bank USA acted as structuring agent for the facility.

“We are very pleased with the closing of this transaction. It provides access to efficient debt capital that allows Wings to execute on its business plan.

“Wings remains committed to the aviation leasing sector and the facility will support our growth initiatives for the platform. The support from our banking partners demonstrates the confidence the financial community has in our capabilities and business model,” said Jakob Gallagher, Vice President – Treasurer & Capital Markets in a statement.

Wings is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines worldwide.

It is led by best in class management team with significant aviation leasing experience (33 years average for senior team) and long-standing airline, lessor, banking, investor and legal relationships.

-- BERNAMA

NTHU researchers unveil ultrasonic vortex thrombolytic device for quick thrombosis treatment

 

KUALA LUMPUR, Sept 24 -- As COVID-19 vaccination has raised the issue of thrombosis, Dr Chih-Kuang Yeh, Distinguished Professor of the Department of Biomedical Engineering and Environmental Sciences, has led a research team to develop the world's first ultrasonic vortex thrombolytic device and treat thrombosis quickly and safely.

The research has been published in Proceedings of the National Academy of Sciences (PNAS) in 2021. Moreover, US and EU patents are granted, with more applications on the way, according to a statement.

The device is developed to solve two common thrombosis called pulmonary embolism (PE) and deep vein thrombosis (DVT), which have global prevalence of 10 million new cases annually.

Yeh explained the current treatment options included drug delivery catheter and thrombectomy devices, but they were not effective enough or might bring up hemorrhage risks.

Working with industrial partners, his team has developed a 0.2-mm ultrasonic device, which can generate tornado-like ultrasonic vortex and create a strong turbulent around the thrombus, therefore increasing penetration of thrombolytic drugs and resulting in very effective thrombolysis. The residue of the dissolved thrombus is just 0.001 cm.

He said animal studies had shown results of 60 per cent thrombus shrinkage in the mice brain after applying ultrasonic vortex for 10 minutes, demonstrating the potential of fast treatment. What’s more, the feedback property of ultrasound can be used for real-time treatment monitoring.

Yeh added his team was also working on using ultrasonic vortex for non-invasive thrombolysis, providing potential to treat embolisms in the brain. 

In addition, while combining with microbubbles for controlled drug release, treatment for neurological disorders such as Parkinson's disease and epilepsy, will become possible.

Yeh’s team is named VorteSonic, a combination of vortex and sonic waves. Core team members include Ph.D. students Wei-Chen Lo and Zong-Han Hsieh, who are in charge of ultrasonic transducers and the driving system; and Dr Chun-Yen Lai, who will be leading the team after spinning off a startup from the university.

-- BERNAMA

BANDAI NAMCO Group announces ‘GUNDAM OPEN INNOVATION’ application period extension

KUALA LUMPUR, Sept 24 -- BANDAI NAMCO Group has begun a GUNDAM-powered, sustainability project, ‘GUNDAM UNIVERSAL CENTURY DEVELOPMENT ACTION (GUDA)’, and brought together fans worldwide along with many external partners to plan and take upon a variety of initiatives for the children of the future.

As part of the initiative, ‘GUNDAM OPEN INNOVATION’ was established in an effort to gather new ideas and technologies that can face the many issues found within society such as population and global environmental problems.

To further promote the initiative, a decision has been made to extend the application period for one additional month, according to a statement.

‘GUNDAM OPEN INNOVATION’ is a programme to create future dreams and hopes by revisiting the similarities between the real world and the fictional era of GUNDAM, the ‘Universal Century’, and merging ‘GUNDAM’ with ‘future technologies’ to face the social issues that exist in both worlds.

An initial invitation for application was announced back in July this year, with the first-phase deadline set on Aug 15, and a second-phase application deadline set on Sept 15.

An overwhelming amount of applications was received, with many requests for an extended deadline. Under the concept of receiving as many ideas as possible, a third-phase deadline has been decided and set for Oct 15, with hope of seeing more ideas to come.

An interview video is now available to the public, featuring BANDAI NAMCO Entertainment Corporate Managing Director and CGO, Koji Fujiwara, who is hosting ‘GUNDAM OPEN INNOVATION’ and the directors behind the ‘moving GUNDAM’ that was built last year in Yokohama.

The interview also brings up what the future of GUNDAM holds and how BANDAI NAMCO pushed out the GUNDAM brand in the form of products and services. 

More details at https://www.bandainamco.co.jp/guda/goi/en/

-- BERNAMA

'Hidden Gem' shines as ship makes splashing arrival in Rotterdam

 

KUALA LUMPUR, Sept 22 -- The Metals Company has announced the arrival of the 228-metre-long former drill ship renamed the Hidden Gem in Rotterdam, The Netherlands to begin its conversion into what is expected to be the first ship classified as sub-sea mining vessel by the American Bureau of Shipping.

TMC’s strategic partner Allseas acquired the former ultra-deep-water drill ship, which can accommodate 200 people, in March of 2020, as her configuration is well-suited for modifications that will enable the deployment at sea of a 4.5 kilometre-long riser to bring polymetallic nodules up from the seafloor.

“We are very happy to see the Hidden Gem over here in Europe and to see Allseas making such tremendous progress with her,” said Chairman and Chief Executive Officer of The Metals Company, Gerard Barron.

“The vessel has successfully embarked on the dry dock maintenance phase, which bodes well for a smooth and timely conversion in advance of our pilot mining project in 2022.”

In partnership with The Metals Company (formerly DeepGreen Metals Inc), Allseas is developing a deep-sea mineral collection system to responsibly recover polymetallic nodules from the ocean floor and transfer them to the surface for transportation to shore.

According to a statement, the nodules contain high grades of nickel, manganese, copper and cobalt—key metals required for building electric vehicle batteries and renewable energy technologies.

The Metals Company recently completed its SPAC merger and public listing on the Nasdaq and strategic partner Allseas, a global leader in offshore engineering, congratulated the company.

TMC and Allseas expect the vessel to be operational for pilot nodule collection tests by mid-2022.

More details at www.metals.co.

-- BERNAMA

SEforALL, CPI new research highlights troubling trend in climate change fight

KUALA LUMPUR, Sept 17 -- New research published by Sustainable Energy for All (SEforALL) and Climate Policy Initiative (CPI) highlights a troubling trend in the fight against climate change and push to deliver universal electricity access.

This is despite environmental, economic and many other challenges facing coal, pockets of funders continue to finance additional coal-fired generation capacity in South Asia and Sub-Saharan Africa, according to a statement.

The Coal Power Finance in High-Impact Countries knowledge brief, part of SEforALL’s Energizing Finance research series, analyses 18 countries with the largest electricity access gaps (i.e. high-impact countries) to identify those receiving finance for coal-fired power, the sources of this investment, its key drivers and the risks attached.

The brief makes the case that distributed renewable energy generation provides the fastest and most efficient path to increased electricity access in the near-term. 

It recommends a paradigm shift from centralised coal to distributed renewable energy generation to rapidly expand electricity access in high-impact countries, not only for residential household use, but at access tiers that support economic growth.

Ahead of this year’s UN High-level Dialogue on Energy and COP26, the brief recommends a reevaluation of the current geography-based carbon accounting system, which allocates emissions to countries based on their physical origin.

 Instead, implementing a finance-based carbon accounting regime would force policymakers to consider the impact of domestic capital on cross-border emissions and push private investors to align their portfolios with the net-zero ambitions they support.

SEforALL works to ensure a clean energy transition that leaves no one behind and brings new opportunities for everyone to fulfill their potential.

-- BERNAMA

Come 2025, e-commerce powerhouse Asia Pacific, Australasia will generate over US$68.5 billion sales

KUALA LUMPUR, Sept 13 -- Asia Pacific and Australasia will become an e-commerce powerhouse in 2021 and beyond, due to e-commerce sales opportunities of over US$68.5 billion, according to a new report from global market research company Euromonitor International. (US$1 = RM4.140)

In the report, ‘Retail in Transition: Future E-commerce Opportunities in Asia Pacific and Australasia’, exploring digital trends and opportunities in the region, Euromonitor estimates that Asia Pacific and Australasia’s online sales expansion will account for more than 45 per cent of global e-commerce growth from 2020 to 2025.

“Mobile shopping and digital commerce have become new common practices for consumers who are healthier, more fitness centric and value experiences over tangible goods,” says Euromonitor International senior analyst, Emily Leung in a statement.

“The role of the brick-and-mortar store is also shifting from a point of purchase into an experiential centre.”

Food and drinks online sales, in Asia Pacific and Australasia, will nearly double, reaching US$172.8 billion by 2025, with fresh food, alcoholic drinks and packaged food products set to represent more than 57 per cent of total unmet e-commerce opportunities, and driving further growth in the region.

Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights.

-- BERNAMA

Reimagining ADAS and AD Solutions, Join LeddarTech at Three Major International Events in September

QUEBEC CITY, Sept 9 (GLOBE NEWSWIRE) -- LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, is pleased to announce its participation in several digital and in-person events during September in the capacity of both an exhibitor and presenter. These global events will showcase LeddarTech’s comprehensive end-to-end technology platforms, which enable customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility markets. These featured solutions include the LeddarVision™ sensor-fusion and perception platform and the cost-effective, scalable LiDAR development platform based on patented LeddarEngine™ technology.

“The acceleration of autonomous driving depends heavily on the ADAS solutions being developed today,” stated Daniel Aitken, VP of Global Marketing, Communications, and Product Management at LeddarTech. “These upcoming events highlight LeddarTech’s scalable and flexible reimagined approach with LiDAR and sensor-fusion and perception solutions that address individual customer needs,” he continued. “We are especially pleased to have Mike Thoeny, President of the Automotive Business Group at Flex, co-host one of our sessions. We look forward to you joining us for one or all of these events,” Mr. Aitken concluded.

Industry Tech Days – September 13-17 (Digital)

Industry Tech Days brings essential insights in electronics, everything from edge intelligence design to next-generation automotive sensors, delivered LIVE straight from industry experts to your desktop or mobile device.

Join LeddarTech for two presentations:

• “Sensor-Fusion and Perception Solutions for Key ADAS and AD Applications” (Use Case), featuring Youval Nehmadi, Engineering Director, LeddarTech Sensor Fusion and Perception Platform Research & Development Center, Israel.

• “Why Flexible Platforms Are Required for Future ADAS/AD Deployments,” by Frantz Saintellemy, LeddarTech’s President and COO, and Mike Thoeny, President of the Automotive Business Group at Flex.

Register for free here.

China International Optoelectronic Conference (CIOE) / MEMS Seminar – September 16-18 (Live in Shenzhen, China)

CIOE is China’s largest optoelectronic industry event, held in the Shenzhen World Convention and Exhibition Center. Mr. Horry Cheng will represent LeddarTech on the panel for “LiDAR and 3D Camera Sensing Technology & Applications,” and LeddarTech will also exhibit at this prestigious event.

Register here.

Automotive LiDAR Conference 2021 – September 21- 23 (Digital Event)

This conference is one of the only events exclusively focused on automotive LiDAR technologies and applications. The conference sessions will present the various approaches in developing a LiDAR system and explain the reasons for choosing one approach over another.

• Join LeddarTech’s CTO Pierre Olivier on September 21 at 2:00 p.m. EST for his featured presentation “Combining LiDAR, Radar, and Camera: Sensor Fusion Challenges and Solutions.”

Register here.

For a complete list of LeddarTech’s upcoming live and virtual events, please visit leddartech.com/events.

About LeddarTech

LeddarTech is a leader in environmental sensing platforms for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments. With its LeddarVision™ sensor-fusion and perception platform and its cost-effective, scalable, and versatile LiDAR development solution for automotive-grade solid-state LiDARs based on the LeddarEngine™, LeddarTech enables Tier 1-2 automotive system integrators to develop full-stack sensing solutions for autonomy level 1 to 5. These solutions are actively deployed in autonomous shuttles, trucks, buses, delivery vehicles, smart cities/factories, and robotaxi applications. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 100 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact: Daniel Aitken, Vice-President, Global Marketing, Communications, and Product Management, LeddarTech Inc. Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

SOURCE: LeddarTech inc.

MAJID AL FUTTAIM LAUNCHES AI POWERED CARREFOUR CITY+; THE REGION'S FIRST CHECK-OUT FREE STORE

 · Carrefour City+ offers customers a fast, seamless and contactless shopping experience

· From start to finish, the new store explores a holistic approach to Artificial Intelligence
· Customers simply pick their products and walk-out with no staff interaction or checkout 

DUBAI, United Arab Emirates, Sept 8 (Bernama-GLOBE NEWSWIRE) -- Majid Al Futtaim – the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia – is setting new precedents for retail with the launch of the region’s first check-out free store, Carrefour City+. Opened today in Mall of the Emirates, the new convenience store provides a fast, seamless and contactless experience using cutting-edge, artificial intelligence technology. Customers use their phones to access the store, pick their desired items and simply walk out without having to queue and pay at the cash register.

Carrefour City+ was inaugurated by H.E Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications along with Alain Bejjani, Chief Executive Officer of Majid Al Futtaim Holding and Hani Weiss, Chief Executive Officer at Majid Al Futtaim Retail.

Store access and shopping payment is enabled via the current MAF Carrefour App. Once inside Carrefour City+, every item picked up by customers will then be automatically added to a digital shopping basket and the purchase will be completed by simply walking out. Not only is the shopping journey faster, but also completely contactless, with no store staff interaction necessary.

“Carrefour City+ has been designed to make life easier by using technology to remove friction and enhance the retail experience,” revealed Hani Weiss, Chief Executive Officer at Majid Al Futtaim Retail. “The store represents a huge leap forwards for retail in the UAE and region as Carrefour continues to innovate to meet the needs of the present whilst anticipating future shopping trends.”

A first for Carrefour worldwide, City+ deploys artificial intelligence and state of the art technology to identify thousands of products with pinpoint accuracy, improving inventory management and simplifying shopping for customers. Carrefour City+ stocks over 1,300 items including snacks, beverages, packaged food and food-to-go meals as well as basic essentials. It can easily be found near the entrance of the Mall of the Emirates Metro Station link for anyone wishing to try the world’s most advanced, ‘simply walk out’ shopping technology.

Carrefour City+ is a prime example of the role of the private sector in supporting the UAE’s Fourth Industrial Revolution Strategy to become a leading global hub and an open lab for the Fourth Industrial revolution’s application. It is also in line with the UAE Artificial Intelligence Strategy that aims to make the UAE the first in the field of AI investments and applications in various sectors. Having established a reputation for innovation, modernity and technology, this retail revelation from Majid Al Futtaim contributes to the UAE’s transformation into an international technology hub as the government takes concrete steps towards establishing a strong, digitally enabled economy.
 

Media Contact: 

Mina Kiwan – Media Relations
E: mina.kiwan@ogilvy.com
D. +971 (0) 4 305 0325
M. +971 (0) 55 2426806

Raed Matarbazi – Communications Manager
Carrefour UAE
E: RMatarbazi@mafcarrefour.com
M. M +971 (0) 56 417 9771

About Carrefour

Carrefour was launched in the region in 1995 by UAE-based Majid Al Futtaim, which is the exclusive franchisee to operate Carrefour in over 30 countries across the Middle East, Africa, and Asia, and fully owns the operations in the region. Today, Majid Al Futtaim operates over 375 Carrefour stores in 17 countries, serving more than 750,000 customers daily and employing over 37,000 colleagues.

Carrefour operates different store formats, as well as multiple online offerings to meet the growing needs of its diversified customer base. In line with the brand’s commitment to provide the widest range of quality products and value for money, Carrefour offers an unrivalled choice of more than 500,000 food and non-food products, and a locally inspired exemplary customer experience to create great moments for everyone every day. Across Carrefour’s stores, Majid Al Futtaim sources over 80% of the products offered from the region, making it a key enabler in supporting local producers, suppliers, families and economies.

About Majid Al Futtaim

Founded in 1992, Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.

A remarkable business success story, Majid Al Futtaim started from one man’s vision to transform the face of shopping, entertainment and leisure to ‘create great moments for everyone, every day’. It has since grown into one of the United Arab Emirates’ most respected and successful businesses spanning 17 international markets, employing more than 43,000 people, and obtaining the highest credit rating (BBB) among privately-held corporates in the region.

Majid Al Futtaim owns and operates 28 shopping malls, 13 hotels and four mixed-use communities, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, Mall of Egypt, City Centre malls, My City Centre neighbourhood centres, and five community malls which are in joint venture with the Government of Sharjah. The Company is the exclusive franchisee for Carrefour in over 30 markets across the Middle East, Africa and Asia, operating a portfolio of more than 375 outlets and an online store.

Majid Al Futtaim operates more than 500 VOX Cinemas screens as well as a portfolio of world-class leisure and entertainment experiences across the region including Ski Dubai, Ski Egypt, Dreamscape, Magic Planet, Little Explorers and iFLY Dubai. The Company is parent to a Fashion, Home and Specialty retail business representing international brands such as Abercrombie & Fitch, Hollister, AllSaints, lululemon athletica, Crate & Barrel, Maisons du Monde, LEGO and THAT, a Majid Al Futtaim fashion concept store and app. In addition, Majid Al Futtaim operates Enova, a facility and energy management company, through a joint venture operation with Veolia, a global leader in optimised environment resource management.

www.majidalfuttaim.com

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Photos accompanying this announcement are available at

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Source: Majid Al Futtaim - Carrefour

--BERNAMA