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New Takaful travel product launched in same month to celebrate life’s journeys

SINGAPORE – Media OutReach Newswire – 18 March 2026 – Etiqa Insurance Singapore, a leading general and life insurer, returns to the National Association of Travel Agents Singapore (NATAS) Travel Fair 2026 as the Official Travel Insurer for the fifth consecutive year. Themed “Be A NATAS World Traveller”, Singapore’s largest premier travel fair will be held at the Singapore Expo Hall from 27 to 29 March 2026, offering exciting promotions for travellers.

Customers can enjoy special promotions exclusively available at the NATAS Fair. With up to 45 per cent off Etiqa Travel Infinite and a special $100 shopping voucher given to every 200^th customer, Etiqa continues to make travel insurance more rewarding to all valued customers.

In addition, every customer will receive a complimentary gift with every purchase. From must-have travel essentials such as a versatile sports duffel bag, to a portable cooling fan to keep you cool on holiday, every traveller can enhance their journey with added convenience.

Celebrating Life’s Journeys with the Launch of Travel Takaful

In the same celebratory month, Etiqa is simultaneously extending its “With You” brand promise to the wider community. Beyond the excitement at NATAS Travel Fair, Etiqa is proud to announce the launch of Travel Takaful, a Shariah-compliant travel protection plan designed to support world travellers across different life stages — whether travelling for leisure, family commitments, or Umrah journeys.

“At Etiqa Insurance Singapore, we are committed to being With You, at every stage of life and on every journey. Our continued partnership with NATAS reflects our commitment to helping travellers explore the world with confidence, while the launch of Travel Takaful extends inclusive, Shariah-compliant protection to customers seeking values-based coverage. Whether travelling for leisure, business, or faith-based journeys, we want Singaporeans to travel with complete peace of mind,” said Claudia Soh, Acting CEO and CFO of Etiqa Insurance Singapore.

Guided by Takaful principles of shared responsibility and mutual care, Travel Takaful provides comprehensive coverage for overseas medical needs and unexpected travel disruptions:

• Comprehensive Medical Support: Coverage for overseas medical expenses ranging from S$200,000 to S$2.5 million, supported by Etiqa’s 24-hour worldwide emergency assistance.
• Trip Cancellation Coverage: Trip cancellation coverage of up to S$20,000 to mitigate unexpected changes in travel plans.
• Tailored for All Stages: Optional add-ons for pre-existing medical conditions and senior protection, offering flexibility for multi-generational travel.

By expanding its portfolio with this new offering, Etiqa reinforces its commitment to serving Singapore’s diverse community with inclusive and meaningful protection solutions, that aligns with values-driven financial planning.

Enjoy journeys with Etiqa Insurance Singapore this March:

• Visit the NATAS Fair (Booth 4H49 at Singapore Expo Hall 4 and 5): For exclusive Travel Infinite discounts, complimentary travel gifts, and the chance to win special shopping vouchers.
• Explore the full suite of travel insurance products online: To learn more about the newly launched Travel Takaful and secure Shariah-compliant protection for your next journey, visit us at etiqa.com.sg.

*Terms and Conditions
This policy is underwritten by Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K), a member of Maybank Group. This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract. Protected up to specified limits by SDIC.

Hashtag: #EtiqaSingapore #EtiqaSG

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

About Etiqa Insurance Pte. Ltd (Etiqa Insurance Singapore)

Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act 1966. The local insurer is the Singapore operating entity of Etiqa Insurance Group – a leading insurance and Takaful business in ASEAN offering life and general insurance and family and general Takaful products through its agents, branches, offices and bancassurance network in the region. Etiqa Insurance Singapore is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation.

Etiqa Insurance Singapore is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group with footprints across 13 countries and a heritage that spans over 190 years.

The event was attended by an official delegation from the Embassy of Malaysia in the Philippines, Mr. Norjufri Nizar Edrus, Deputy Chief of Mission; Ms. Azlina Che Dir, Trade Commissioner; and Mr. Mohd Amsyari Yahya, Assistant Trade Commissioner from MATRADE Manila.

The conference highlighted AutoCount’s product developments, software localization for Philippines BIR compliance, and 2026 roadmap, reinforcing its commitment to helping SMEs thrive in the country’s digital economy and cashless payment ecosystem.

Driving the Cashless Revolution: Euronet QRPH Integration

The key highlight of the conference was the unveiling of AutoCount’ integrated Point of Sale (POS) solution. By partnering with Euronet Services Inc., AutoCount now enables merchants to accept standardized QRPH payments directly within their existing POS workflow.

This integration eliminates the need for additional external hardware and complex manual entry, addressing the growing consumer preference for contactless transactions in the Philippines. Key benefits for merchants include:

• Faster Checkout: Reduced wait times through instant QR scanning.
• Operational Efficiency: Automated reconciliation, reduced cash handling risks.
• Future-Ready Tech: Aligned with the Bangko Sentral ng Pilipinas (BSP) direction towards a cashless ecosystem.

Full BIR Compliance for Philippine SMEs

Navigating tax regulations is a challenge for local businesses. Retailers can now operate with confidence that their system meets BIR requirements for official receipts, sales reporting, and proper record-keeping, eliminating compliance concerns and allowing them to focus on growing their business instead.

Speaking at the launch, AutoCount CEO, Mr. Choo Yan Tiee highlighted, “The retail landscape is changing fast. Customers expect convenience, cashless options, and faster checkout. QR payments are no longer optional. They are becoming the standard. With this integration, we are equipping our partners, and support merchants with a future-ready solution that aligns with the Philippines’ digital payment direction.”

Empowering a Growing Partner Ecosystem

The conference was attended by over 60 partners from the Philippines, and Malaysia, reflecting the growing strength of AutoCount’s regional network. A dedicated session showcased partner-developed plugins, proving the software’s flexibility and extensibility to support diverse industries and business requirements.

Strategic Vision for 2026

The event concluded with a roadmap focused on deeper localization and strengthening the Authorized Partner network in Philippines. As the digital economy accelerates, AutoCount remains committed to delivering compliant, scalable, BIR CAS-ready accounting and POS solutions for SMEs.

Hashtag: #BusinessSolutions #SMEGrowth #DigitalTransformation #DigitalEconomy #AccountingSoftware #POSSoftware #BIRAccredited #CashlessPayments #PhilippinesSMEs #EntrepreneursPH #PhilippinesBusiness #AutoCount #PartnerConference2026 #Euronet #MATRADE

https://ph.autocountsoft.com
https://www.linkedin.com/company/autocount-my/
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AUTOCOUNT DOTCOM BERHAD (“AUTOCOUNT”)

The Group is principally engaged in the development and distribution of financial management software comprising accounting, Point of Sale (POS) and payroll under its “AutoCount” brand. Its range of software is designed to support the fundamental finance and accounting functions of a business.

Hong Kong–based K‑Tech and Calgary’s Aurora AZ Energy form joint venture to power large‑scale AI, HPC and crypto mining operations in Alberta with low‑cost wellhead natural gas.

K-TECH SOLUTIONS COMPANY LIMITED (NASDAQ: KMRK) ANNOUNCES JOINT VENTURE WITH AURORA AZ ENERGY LTD. TO DEVELOP UP TO 500 MW OF AI AND HPC INFRASTUCTURE IN CANADA

HONG KONG SAR & NEW YORK, US – Media OutReach Newswire – 16 March 2026 – K‑Tech Solutions Company Limited (Nasdaq: KMRK) (“K‑Tech” or the “Company”), a technology firm specializing in high-performance computing infrastructure, today announced that its subsidiary has entered a joint venture agreement, as supplemented, with Aurora AZ Energy Ltd. (“Aurora”), a developer of wellhead natural gas power solutions, to develop large-scale crypto mining, artificial intelligence (AI) and high‑performance computing (HPC) infrastructure in Alberta, Canada.

The Joint Venture plans to develop an initial 100 megawatts (MW) of IT capacity at Aurora’s flagship site in Alberta. Expansion beyond this level, potentially up to 500 MW over time, would be subject to securing additional power supply, land and capital. Aurora AZ Energy Ltd. is a specialist in wellhead energy solutions.

By integrating natural gas resources directly at the wellhead with advanced power generation technologies, Aurora intends to utilize natural gas resources to sustainably support high‑density computing operations. The Joint Venture expects wellhead-sourced power to deliver energy costs meaningfully below prevailing grid rates in North America, positioning the partnership’s facilities as a cost-efficient platform for data center environments on the continent. Additionally, the Joint Venture intends to convert natural gas that might otherwise be flared to generate power for computing operations, reducing waste.

Under the terms of the Joint Venture, Aurora will supply power‑rich data center sites sourced from its wellhead energy portfolio, while K‑Tech will lead the design, development, and operations of the computing facilities. Together, the parties will deploy purpose‑built, high‑density data centers optimized for crypto mining, AI training/inference, and other compute‑intensive workloads. The transaction is subject to customary regulatory approvals, including applicable provincial energy and environmental permits in Alberta.

Development Roadmap

The partnership is structured across several phases that together establish a roadmap to deploy over 100 MW and up to 500 MW of IT capacity:

Initial Deployment: The Joint Venture will launch at Aurora‘s flagship site in Alberta, where the parties plan to develop an initial 100 MW of IT capacity supported by dedicated, wellhead‑sourced power infrastructure. Site preparation and infrastructure buildout are expected to commence in September 2026, with initial computing capacity projected to come online in Q2, 2027

Capacity Expansion: Subject to securing additional power and land at existing Aurora locations, the joint venture may expand total IT capacity at those sites toward the 500 MW target. The parties expect to evaluate expansion opportunities upon successful deployment of the Phase 1 facility.

Portfolio Scale-out: K‑Tech and Aurora intend to evaluate and may develop additional sites across Aurora‘s broader wellhead energy portfolio, which currently encompasses over 20 active wellhead locations across Alberta. This creates an opportunity to further scale high‑density AI and HPC capacity beyond the initial development plan.

“As AI models and HPC workloads become increasingly power‑intensive, scalable and cost‑effective infrastructure is critical. By partnering with Aurora, we are combining wellhead energy solutions with high‑performance chip design and data center expertise to support next‑generation AI and HPC applications,” said Kenneth Kwok, CEO of K‑Tech Solutions Company Ltd.

“Aurora was built to unlock the full value of natural gas at the wellhead,” said Jim Zhou, CEO of Aurora AZ Energy Ltd. “Working with K‑Tech allows us to apply that capability to high‑density computing infrastructure. We believe this collaboration will support the integration of energy and digital infrastructure at scale.”

Hashtag: #KTechSolutions #AuroraAZEnergy #KMRK #JointVenture #AIInfrastructure #HPC #DataCenters #AIDataCenter #CryptoMining #WellheadPower #NaturalGasToPower #AlbertaCanada #EnergyTransition #DigitalInfrastructure

https://www.k-mark.tech/

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

About K-Tech Solutions Company Limited (NASDAQ: KMRK)

Founded in 2016, Hong Kong-based K-Tech Solutions is principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits.

About Aurora AZ Energy Ltd.
Aurora AZ Energy Ltd. is a Calgary-based energy infrastructure company focused on wellhead natural gas power solutions. The company develops systems that convert natural gas resources into electricity to support high-density computing applications, including artificial intelligence, high-performance computing and digital infrastructure. Aurora AZ Energy Ltd. was incorporated in Canada in 2023.

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

For more information, please contact:

K-Tech Solutions Company Limited
Johnny Kwok
Unit A, 7/F Mai On Industrial Building
17-21 Kung Yip Street, Kwai Chung
New Territories, Hong Kong
Phone: (+852) 2741 3165
Email: [email protected]

Investor Relation
Jean-Pierre Noel
Straight Limited
Creative Hub, Shaw Studio
201 Wan Po Road, Tseung Kwan O, HK
Phone: (+852) 2577 8001
Email: [email protected]

Widespread Absence of Credit Defense Mechanisms
According to the findings, more than 70% of Hong Kong SMEs lack robust credit defense mechanisms. The report highlights that many businesses fail to perform in-depth credit due diligence on new clients or establish firm payment thresholds.

Alex Yeung, founder of CollectForU Expert, noted that a high percentage of SMEs remain in a state of low defense regarding credit management. Yeung emphasized that bad debts in B2B transactions often have a domino effect. He stated that if a company focuses solely on gross margins while ignoring the operational stability of a counterparty, a single large-scale default could potentially eliminate an entire year of net profit. He recommends that businesses establish standardized defense systems including background checks, credit limit settings, and continuous monitoring to ensure operational safety.

The 90-Day Recovery Threshold
The joint report identifies the 90-day mark as a critical watershed for the successful recovery of overdue accounts. Many SME owners hesitate to take action during the early stages of delinquency to preserve client relationships, which inadvertently increases the risk of asset dissipation or insolvency proceedings by the debtor.

Obis Tsang, founder of Debt Hunter and a professional mediator, stated that the success rate of commercial debt recovery is inversely proportional to the duration of the delinquency. Once a debt is overdue by more than 90 days, the probability of recovery decreases significantly. Tsang suggested that early intervention by specialized third parties should be viewed as a rational tool for commercial negotiation. Engaging mediation-focused professionals can facilitate viable repayment plans and prevent the loss of claims due to excessive delays.

Strategic Recommendations for SMEs
In response to the current economic environment, both institutions advise SMEs to adopt a proactive approach to credit defense rather than waiting for defaults to occur:

• Strengthen Pre-Contract Screening: Implement standardized credit assessments before finalizing commercial agreements.
• Establish Warning Mechanisms: Define clear payment deadlines and take immediate action when clients breach these thresholds.
• Seek Timely Professional Assistance: Introduce expert third-party advice early in the delinquency period to stabilize cash flow.

CollectForU Expert and Debt Hunter intend to continue their collaboration to standardize credit management practices and enhance the financial resilience of Hong Kong SMEs.
Hashtag: #CreditManagement #AccountsReceivable #CollectForU #DebtHunter #DebtCollection #HongKongSMEs

https://www.debt-hunter.com/en
https://www.linkedin.com/company/debt-hunter
https://www.facebook.com/DebtHunterHK
Wechat: DebtHunterHK
https://www.instagram.com/debthunterhk

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

About Debt Hunter

Debt Hunter is a commercial debt resolution agency founded by professional mediator Obis Tsang. The firm prioritizes negotiation and mediation as its core service philosophy. Debt Hunter was awarded the “Mediate First” Pledge Star Logo Award by the Hong Kong Department of Justice, in recognition of its commitment to mediation practices. Recognized by HackerNoon as a “Startups of the Year 2023” in Hong Kong, the firm employs a strategy involving legal compliance, behavioral insights, and big data to resolve commercial disputes. The agency has processed over 10,000 commercial cases to provide rational asset protection for its clients.

Website: https://www.debt-hunter.com/en

About CollectForU Expert

CollectForU Expert was founded by Alex Yeung, who possesses over 15 years of practical experience in commercial debt recovery and credit management. The firm provides integrated solutions ranging from credit risk early-warning systems to accounts receivable recovery, with a focus on maintaining corporate reputation and long-term partnerships. CollectForU Expert utilizes behavioral psychological analysis and commercial negotiation techniques to resolve complex financial disputes and helps SMEs optimize internal credit processes.

Website: https://www.collect4u-expert.com

Central Board of Secondary Education has cancelled all Class 12 board examinations scheduled between March 16 and April 10 across several Middle Eastern countries, citing security concerns linked to the widening conflict involving Iran and regional powers.

The decision affects CBSE-affiliated schools in Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, where thousands of expatriate students were preparing for the final phase of the 2026 board examination cycle. The board said all remaining and previously postponed examinations for Class 12 in these locations stand cancelled and that an alternative evaluation method for students will be announced separately.

Officials indicated that safety considerations were the primary factor behind the move as tensions and military activity across parts of West Asia disrupted normal operations, including international travel and school schedules. Schools across the region had already reported logistical difficulties, uncertainty among students and disruptions to classroom teaching as governments issued security advisories and airlines altered flight routes.

The cancellation marks the culmination of a series of escalating measures by the board over the past weeks. Earlier in March, several examinations scheduled for overseas centres in the region were first postponed following a review of the geopolitical situation. Papers scheduled between March 9 and March 11 were delayed, with authorities saying conditions would be reassessed before deciding whether to continue with the examination calendar.

Subsequent circulars extended the postponement to additional dates as regional uncertainty deepened, affecting exam centres that serve large expatriate student communities in Gulf states. The board had already cancelled Class 10 examinations in the region earlier in the month, indicating that authorities were increasingly concerned about the ability of schools to conduct secure and orderly examinations during the conflict.

CBSE-affiliated institutions in the Gulf represent a significant segment of the overseas education network linked to the board’s curriculum. More than 150 schools operate across West Asia under CBSE affiliation, serving children of expatriate professionals working in sectors ranging from construction and healthcare to technology and finance. These schools follow the same academic calendar and examination framework as institutions in India, with board examinations playing a decisive role in university admissions.

Students and parents across the region had been closely monitoring official notifications as the situation evolved. The postponements earlier triggered confusion among candidates preparing for key subjects, particularly because board examinations typically determine eligibility for higher education programmes both in India and internationally.

Education administrators say the uncertainty surrounding examinations has added pressure on students who had spent months preparing for the crucial assessments. Community organisations representing expatriate families in Gulf countries had appealed to authorities for a decision that would prioritise student welfare and minimise academic disruption.

School leaders in the United Arab Emirates and Saudi Arabia described the board’s decision as a difficult but necessary step given the circumstances. Administrators had warned that maintaining examination schedules amid heightened security concerns could expose students, invigilators and school staff to unnecessary risks, especially in locations where travel advisories or temporary airspace restrictions complicated logistics.

Education experts note that examination cancellations in overseas centres remain rare, reflecting the exceptional circumstances affecting the region. Board examinations are normally conducted simultaneously across India and international centres to maintain standardised assessment procedures.

Authorities are now expected to announce a mechanism for evaluating the performance of affected students. Education analysts say possible options could include internal assessment scores, practical examination results or a formula combining school-based evaluations with earlier academic performance. Similar methods have been used during extraordinary disruptions in the past to ensure students are not disadvantaged in university admissions.

Universities and higher-education institutions that admit CBSE students are also monitoring developments closely. Admission timelines in many countries coincide with the board examination season, making timely declaration of results critical for students applying to degree programmes abroad.

Parents and teachers say clarity on the evaluation process will be essential in the coming days. Many schools have begun counselling sessions and online support programmes to help students manage anxiety and remain focused on academic planning despite the upheaval.

New Delhi has pressed Tehran to allow more India-bound vessels to cross the Strait of Hormuz after two liquefied petroleum gas carriers carrying critical fuel supplies cleared the strategic waterway, highlighting the vulnerability of energy flows through one of the world’s most important maritime chokepoints.

Officials confirmed that two Indian-flagged LPG carriers, Shivalik and Nanda Devi, passed through the strait with cargo bound for ports in Gujarat, transporting roughly 92,700 tonnes of cooking gas. The shipments represent more than a day’s requirement for household LPG consumption, providing partial relief amid tightening supplies.

Government representatives indicated that discussions with Iranian authorities are continuing to secure safe transit for additional tankers waiting in the Persian Gulf. More than twenty vessels carrying crude oil and gas destined for India have been held up near the waterway during the standoff, raising concerns over prolonged disruptions to fuel deliveries.

The Strait of Hormuz, situated between Iran and Oman, handles about a fifth of global oil and liquefied natural gas shipments. Any disturbance along this narrow corridor has the potential to reverberate across global energy markets and shipping routes. Escalating tensions across West Asia have already led to attacks on several vessels and heightened security risks for commercial shipping in the region.

Iran’s decision to permit the two LPG carriers to sail through the strait marked an exception to restrictions imposed after military action targeting Iranian infrastructure triggered a broader confrontation. Tehran has maintained that vessels from most countries can navigate the passage but warned that ships from states viewed as hostile could face restrictions or heightened scrutiny.

Diplomatic engagement between New Delhi and Tehran played a role in securing the initial transit. Conversations between Prime Minister Narendra Modi and Iran’s president Masoud Pezeshkian, along with discussions between foreign ministers, focused on safeguarding energy shipments and the safety of nationals in the conflict-affected region.

India depends heavily on Middle Eastern suppliers for its energy needs. About 90 per cent of the country’s imported LPG originates from the region, while a substantial share of crude oil imports also passes through the Strait of Hormuz. That reliance has made the stability of the shipping lane central to the country’s energy security strategy.

Officials from the shipping ministry confirmed that Indian authorities are coordinating with regional partners and monitoring maritime traffic closely. Naval vessels deployed in the Gulf under Operation Sankalp have been keeping watch over merchant ships heading towards the subcontinent, providing situational awareness and escort support where necessary.

Energy analysts say the partial reopening of the route for Indian cargo illustrates the delicate balance between geopolitical confrontation and commercial necessity. Countries reliant on Gulf hydrocarbons have sought diplomatic channels to keep trade flowing even as military tensions complicate navigation in the region.

Oil markets reacted sharply to the conflict surrounding the strait, with benchmark crude prices surging amid fears of prolonged disruption to supply. Traders remain wary that even isolated incidents could affect tanker movements through the corridor, where narrow shipping lanes and heavy traffic leave little room for error.

The two LPG carriers now sailing toward the western coast highlight the importance of maintaining uninterrupted access to the strait. With domestic demand for cooking gas remaining high, authorities have prioritised household supply chains while assessing contingency measures for industrial users if shipments continue to face delays.

Shipping industry figures note that vessels have increasingly adopted precautionary routes or delayed departures until security conditions improve. Insurance costs for tankers operating in the Gulf have also climbed, reflecting the heightened risk environment created by missile strikes, drone attacks and naval deployments in surrounding waters.

Strategic calculations extend beyond immediate fuel deliveries. India has been strengthening diplomatic engagement with Gulf producers and maritime partners to ensure continued energy access during periods of instability. The country has also expanded storage capacity and diversified crude sources over the past decade to mitigate supply shocks.

Even with those measures, the Strait of Hormuz remains a critical artery for trade between the Gulf and Asia. Any sustained restriction would affect not only India but also large importers such as China, Japan and South Korea, which depend on the same route for oil and gas shipments.

Authorities in Hong Kong have launched one of the most sweeping investigations into the territory’s financial industry in nearly a decade, placing hedge fund Infini Capital Management at the centre of a widening insider-trading probe that has rattled brokers, banks and investors across Asia’s leading financial hub.

The investigation, conducted jointly by the Securities and Futures Commission and the Independent Commission Against Corruption, has led to the arrest of eight people and the search of offices and residences across the city. The operation targeted suspected exchanges of confidential market information tied to share placements in Hong Kong-listed companies, a practice that authorities say may have generated illicit profits while undermining confidence in capital markets.

Sources familiar with the matter have identified Infini Capital Management, alongside brokerage operations linked to Citic Securities and Guotai Junan International, as among the firms caught up in the crackdown. The investigation centres on allegations that executives accepted more than HK$4 million in bribes in return for non-public information about equity placements before those transactions were disclosed to investors.

According to regulatory statements, the suspected information leaks allowed traders to establish short positions in companies whose share placements would later depress prices once announced publicly. Authorities estimate the strategy generated profits of roughly HK$315 million, underscoring the scale of the alleged misconduct.

Infini Capital has said its operations remain normal and that its investment management processes have not been disrupted by the investigation. The firm has pledged to comply fully with regulatory authorities while declining to comment on what it described as unverified reports circulating in the market.

Founded in 2015 by former investment banker Tony Chin, the hedge fund built a reputation for aggressive trading strategies and direct negotiations with companies seeking capital. Market participants say the firm sometimes approached share placement deals in ways that bypassed traditional investment bank intermediaries, a tactic that brought both attention and scrutiny within Hong Kong’s tightly interconnected financial community.

Chin, who previously worked at major global financial institutions before establishing the fund, has not responded publicly to requests for comment regarding the probe. Regulatory filings indicate that he stepped down as a responsible officer for Infini Capital at the end of 2025, meaning he no longer holds the licence required to oversee regulated asset management activities on behalf of the firm.

Developments surrounding the investigation have reverberated beyond the immediate targets of the raid. Several global banks, including JPMorgan and UBS, had already severed prime brokerage relationships with Infini Capital months before the probe became public, according to people familiar with the matter. The reasons behind the decisions were not disclosed, though the timing has drawn attention among market observers assessing the fund’s risk profile and compliance record.

Prime brokerage services play a critical role in hedge fund operations, providing financing, securities lending and trade execution support. Losing such relationships can constrain trading activity and signal broader concerns among financial institutions regarding counterparty risk.

The crackdown arrives at a moment when Hong Kong’s equity capital markets have been undergoing a revival following a prolonged downturn in listings. Fundraising through share offerings surged in the past year as Chinese technology and industrial companies turned to the territory for capital, helping restore the city’s position as one of the world’s busiest venues for initial public offerings.

Regulators have responded to that surge by intensifying scrutiny of investment banks and brokers responsible for underwriting and distributing share sales. Officials have warned repeatedly that lapses in due diligence or market conduct could undermine investor trust and the credibility of Hong Kong’s financial system.

Analysts say the case highlights the complex ecosystem that has developed around equity placements, where hedge funds, banks and corporate issuers interact in fast-moving transactions worth hundreds of millions of dollars. Such deals often involve limited groups of investors receiving shares at discounted prices, creating incentives for traders to speculate on how markets will react once the placements are disclosed.

Authorities believe that confidential information about several such deals was circulated before public announcements, allowing certain investors to position themselves advantageously. The resulting trades allegedly generated substantial profits when share prices fell following the disclosure of the placements.

Operation “Fuse”, the codename given to the joint investigation, involved searches at fourteen locations across Hong Kong, including corporate offices and private residences. The arrests included senior executives within financial firms, signalling that regulators are pursuing accountability at the highest levels of the industry.

Market participants are watching closely to see whether the probe expands further. Hong Kong’s regulators have historically pursued insider trading cases aggressively, but raids on multiple high-profile financial institutions simultaneously are comparatively rare.

Infini Capital had become an active participant in the city’s equity markets over the past several years, taking positions in a number of high-profile share placements linked to technology companies and other fast-growing sectors. The firm also forged financing partnerships with emerging robotics and artificial intelligence businesses seeking funding through Hong Kong’s capital markets.

• A native world model built from the ground up for embodied intelligence, Kairos 3.0-4B delivers exceptional physics-consistent deep understanding and cross-embodiment generalization, enabling a single “brain” to drive robots of multiple form factors.

• Kairos 3.0-4B leverages a unified “multi-modal understanding-generation-prediction” architecture for physical-level deep understanding, long-horizon dynamic interaction, precise action control, and long-horizon interaction — 7-minute coherent interaction videos set a new industry benchmark.
• As a lightweight 4B-parameter model, Kairos 3.0-4B outperforms mainstream embodied world models while delivering industry-leading inference efficiency. It achieves real-time edge generation on the THOR platform with a1:1.5 ratio of generation time to video duration, leading performance across both cloud and edge environments.

• Kairos 3.0-4B achieves top-ranking accuracy across multiple authoritative benchmarks. Furthermore, leveraging model capabilities and inference tooling, its inference speed is 72 times faster than Cosmos 2.5, setting a new global performance record for embodied world models.

SHANGHAI, CHINA – Media OutReach Newswire – 13 March 2026 – ACE ROBOTICS announced the open-source release of Kairos 3.0-4B, the industry’s first native world model for embodied intelligence to realize unified “multi-modal understanding-generation-prediction” within a single architecture. As the technical cornerstone of the company’s “Human-Centric” ACE Embodied Intelligence R&D Paradigm, Kairos 3.0-4B is designed from the ground up for real-world robotic operation — integrating physical laws, human behavior, and real robot actions to deliver physics-consistent deep understanding of the real world.

The prevailing approach to embodied world models has largely involved retrofitting general-purpose large language or vision models with motion interfaces. Kairos 3.0-4B takes a fundamentally different path. Rather than appending motion capabilities onto existing model architectures, it is built from the architectural level around the fundamental physical and causal laws that govern real-world environments, constructing a unified world-understanding framework capable of cross-embodiment generalization. By embedding causal reasoning chains directly into its decision-making process, the model transcends behavioral imitation and achieves what ACE ROBOTICS defines as physical-level deep understanding — enabling robots to not only know what to do, but to understand why. Its core breakthrough lies in the deep integration of three categories of data: real robot interaction data, structured human behavioral data, and chain-of-thought reasoning data, effectively breaking down multi-source data barriers and significantly improving the reuse efficiency of real-world data.

A landmark achievement of this release is Kairos 3.0-4B’s real-time edge deployment capability. Deployed on the NVIDIA Jetson Thor T5000 platform at 517 TFLOPs, it is the world’s first embodied world model to achieve real-time generation on edge hardware — achieving a 1.5x faster-than-real-time generation speed on the THOR platform — and the first capable of directly driving physical robot bodies for real-world task execution through native edge deployment. The model issues full-body control commands spanning upper limbs, fingers, and lower limbs without intermediate control layers, enabling robots to move from “capable of performing” to genuinely “capable of working.”

Kairos 3.0-4B also delivers a breakthrough in long-horizon interaction. By combining its unified architecture with Agent-based hierarchical planning and a self-reflective iterative optimization mechanism, the model generates coherent future-state predictions up to 7 minutes in length while maintaining full scene coherence and physical fidelity throughout — setting a new industry benchmark for long-horizon embodied interaction and opening new pathways for embodied intelligence training and deployment.

On the A800 GPU benchmark, Kairos 3.0-4B’s inference speed surpasses NVIDIA Cosmos 2.5 by 72 times, setting a new global performance record for embodied world models. This performance is delivered with a lightweight footprint of just 4B parameters and 23.5GB of VRAM — a fraction of Cosmos 2.5’s 70.2GB requirement — demonstrating that efficiency and capability need not be in tension and fundamentally challenging the assumption that larger parameters are a prerequisite for superior performance. The model has also achieved top rankings across three authoritative global benchmarks: PAI-Bench-robot, co-developed by Georgia Tech and CMU; WorldModelBench-robot TI2V, introduced at CVPR 2025; and NVIDIA GEAR Lab’s DreamGen Bench, outperforming all evaluated models on physical consistency and instruction-following metrics.

Supporting seamless cross-embodiment deployment across single-arm, dual-arm, and dexterous hand configurations with no additional per-embodiment training required, Kairos 3.0-4B is compatible with major hardware platforms including Agilex PIPER, Unitree G1, and Galaxy G1. Kairos 3.0-4B is now available on Github (https://github.com/kairos-agi/kairos-sensenova) and Hugging Face (https://huggingface.co/kairos-agi/kairos-sensenova-common).

Hashtag: #ACEROBOTICS

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About ACE ROBOTICS – Equipping robots with intelligent “brains” and engaging “souls”

ACE ROBOTICS is a pioneering robotics company dedicated to advancing the field of embodied intelligence. Founded by SenseTime co-founder Wang Xiaogang, the company has brought together a team of young, globally scarce AI scientists and industry experts to focus on embodied intelligence. Through breakthrough technological innovations and deep insights into embodied intelligence scenarios, we aim to empower robots with the ability to autonomously understand and explore the physical world, thereby accelerating their commercial implementation.

The company pioneered the ACE R&D paradigm and built a vision-based “environmental data engine, real-world cognition, embodied interaction generalization” technology chain. Using full spatiotemporal and multi-perspective environmental capture as its engine, along with Kairos 3.0 – China’s first open-source and commercially applicable world model – plus the Embodied Foundation Model as its technical backbone, ACE ROBOTICS addresses core industry challenges such as data scarcity, common sense gaps, poor generalization, and limited versatility. Simultaneously, the company unveiled its flagship A1 Embodied Super Brain Module, accelerating the large-scale commercial deployment of embodied intelligence across diverse scenarios.

ACE ROBOTICS is both a technology pioneer and an ecosystem builder. Through strategic cooperation with top hardware manufacturers, cloud service providers, and vertical scenario partners, we have broken through the “model-hardware-scenario” industrial deadlock, providing standardized and customized solutions that are driving the development of China’s embodied intelligence industry.

Authorities have authorised the wider use of alternative fuels to ease the strain on liquefied petroleum gas and natural gas networks after disruptions to shipments from West Asia tightened availability and drove up prices. The shift marks a temporary reversal of a decade-long policy drive aimed at replacing traditional fuels such as coal, wood and kerosene with cleaner LPG and piped gas.

Officials say the measures are designed to shield households from the worst effects of the supply squeeze while allowing industries and commercial establishments to adapt by switching to alternative fuels. Hospitality businesses, restaurants and small manufacturers have been among the first to face curbs on LPG allocations as authorities prioritise residential supply. Environmental regulators have advised state pollution control boards to permit the temporary use of biomass, kerosene, refuse-derived fuel pellets and coal in certain sectors to maintain operations during the shortage.

The supply stress is linked to the conflict in West Asia, which has disrupted energy shipments through the Strait of Hormuz, a crucial corridor for crude oil, liquefied petroleum gas and liquefied natural gas moving from the Gulf to Asian markets. The country imports a large share of its LPG needs and has limited strategic reserves of the fuel, leaving the domestic market exposed to sudden supply shocks and price spikes when global trade routes are interrupted.

Government agencies have sought to reassure consumers that domestic cooking gas deliveries remain stable even as authorities adopt contingency measures. Emergency powers have been invoked to instruct refiners to maximise LPG production, diverting propane and butane toward household cooking fuel and away from petrochemical uses. Oil marketing companies have also tightened commercial sales and redirected supplies to residential consumers, a move affecting hotels, restaurants and other energy-intensive sectors.

As part of the response, officials have increased allocations of kerosene to states through the public distribution system to ensure access for households that depend on subsidised fuels. Additional supplies of the product are being released to meet growing demand in areas where LPG refills have become harder to secure.

Energy analysts say the sudden return to older fuels underscores the complexity of managing the transition to cleaner energy sources in a country with rapidly rising consumption. Over the past decade, policies promoting LPG connections for low-income households helped drive a significant decline in the use of biomass and kerosene for cooking, improving public health outcomes and reducing indoor air pollution. Programmes designed to expand LPG access reached tens of millions of homes and sharply increased the penetration of modern cooking fuels in rural regions.

Yet the current disruption reveals how heavily the system relies on global supply chains. Nearly two-thirds of the country’s LPG consumption is met through imports, with a substantial portion arriving from Gulf producers. When shipments are delayed or rerouted, domestic supply can tighten quickly, forcing policymakers to intervene to stabilise markets and protect vulnerable consumers.

Industry groups warn that sustained disruptions could place additional strain on manufacturing and services, particularly sectors that rely heavily on natural gas or LPG for process heat. Fertiliser plants, petrochemical complexes and small industrial units have already faced adjustments to gas allocations, and some facilities have reduced operations as fuel availability fluctuates.

Energy companies have responded by diversifying import sources in an effort to offset supply disruptions from the Gulf. Cargoes are being sourced from producers in North America, Europe and other regions as traders seek alternative routes and suppliers. This diversification strategy is intended to reduce dependence on any single supply corridor and cushion the domestic market from geopolitical shocks.

At the same time, officials are urging consumers and businesses to conserve fuel where possible and avoid panic buying. Authorities have intensified monitoring of fuel distribution channels to prevent hoarding and black-market sales, which can worsen shortages and inflate prices during periods of uncertainty.

Environmental experts note that the temporary return to dirtier fuels may carry consequences for air quality and emissions if prolonged. Burning kerosene, coal and biomass releases higher levels of particulate matter and greenhouse gases compared with LPG, potentially undermining progress made through clean cooking initiatives.

Policy planners therefore face a delicate balancing act: ensuring reliable energy supplies for households and industry while maintaining momentum toward cleaner fuels and reduced emissions. The current crisis has renewed debate among energy economists over the need for larger strategic reserves of LPG and natural gas, as well as expanded domestic production and storage capacity to cushion future shocks.