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The transaction follows the landmark property’s March 2026 debut and marks the completion of the joint venture transformation of the Lake Como site into a five-star EDITION hotel

BANGKOK, THAILAND – Media OutReach Newswire – 9 September 2026 – Bain Capital, a leading global private investment firm, and Omnam Group, a Europe-based hospitality real estate developer and investor, recently announced the sale of The Lake Como EDITION to Sansiri Capital, the hospitality trophy asset fund of Sansiri Public Company Limited, a leading Thai real estate developer with more than 40 years of experience. The transaction marks the culmination of the partners’ transformation of the landmark Lake Como property into one of Italy’s most significant new luxury hospitality destinations. The transaction is expected to be completed in the next several weeks. Completion remains subject to customary closing conditions and required third-party approvals. Financial terms were not disclosed.

Set on the shores of Cadenabbia, the property occupies a rare waterfront position opposite Bellagio, with access to Milan and Malpensa International Airport in approximately one hour. The landmark 19th-century palazzo was acquired by Bain Capital and Omnam Group in late 2021. An extensive redevelopment began in April 2022, reimagining the historic property as The Lake Como EDITION. The hotel opened in March 2026, just under six months ago, as part of Marriott International’s EDITION Hotels portfolio, introducing a new expression of contemporary luxury to one of Italy’s most iconic destinations.

At acquisition, Bain Capital and Omnam identified an opportunity to create a new luxury hospitality offering in a market characterized by strong international demand, limited five-star supply and significant barriers to new lakeside development. Acquiring the property with vacant possession enabled the partners to undertake a comprehensive repositioning rather than an incremental refurbishment.

The sale reflects growing international investor interest in distinctive, experience-led European hospitality assets and marks Sansiri’s strategic expansion into Europe’s luxury hospitality sector through the Sansiri Capital fund, further strengthening its portfolio of trophy assets. For Bain Capital and Omnam Group, the transaction demonstrates the value created by combining real estate investment, development expertise and leading hospitality partners to reposition a complex asset.

The redevelopment substantially reconfigured the property, reducing the former hotel’s room count from nearly 300 to 148 larger rooms and suites and creating a new spa and wellness building, alongside an extensive food and beverage and leisure offering. The transformation also incorporated the property’s distinctive waterfront amenities, including its floating pool and beach club.

Ali Haroon, a Partner and Head of Europe Real Estate for Bain Capital, said:

“Lake Como is a strong example of how we approach real estate investing in Europe. We focus on sectors supported by long-term structural demand and opportunities where our capital, local relationships and hands-on capabilities can fundamentally transform an asset. Together with Omnam, we have taken a highly underinvested property in an irreplaceable location and created a contemporary luxury destination for the international market. This is exactly the type of complex, execution-led opportunity we seek across our Europe Real Estate strategy.”

David Zisser, CEO and Founder of Omnam Group, said:

“The Lake Como EDITION has been an ambitious undertaking from the outset. Our vision was to take a remarkable historic property in one of the world’s most iconic destinations and give it new relevance through architecture, design and hospitality, while remaining deeply connected to the character of Lake Como.

Together with Bain Capital and an exceptional group of partners, we have taken that vision from acquisition and development through to the opening of a landmark new hotel. We are immensely proud of what has been created. The completion of this transaction is a significant milestone for Omnam and a testament to the strength of our development approach, while marking the beginning of an exciting new chapter for The Lake Como EDITION.”

The sale of The Lake Como EDITION marks the latest chapter in Omnam Group’s expanding presence across Europe, where an ambitious pipeline of projects is currently underway in Florence, Venice, Puglia and Sicily — each reimagining distinctive properties into internationally relevant lifestyle destinations.

The acquisition also marks a significant international investment for Sansiri Public Company Limited, bringing one of Lake Como’s newest luxury hospitality assets into its trophy-asset portfolio through Sansiri Capital, the hospitality trophy-asset investment arm.

Napat Thavisin, President of International Operations, Sansiri Public Company Limited and Managing Director of Sansiri Capital, said:

“The acquisition of The Lake Como EDITION marks a significant milestone in advancing Sansiri’s New S-Curve strategy. It strengthens our financial resilience and diversifies risk across our global hospitality portfolio. We remain focused on ultra-luxury trophy assets in gateway cities and high-demand leisure destinations—markets characterised by robust demand and inherently constrained supply. This disciplined capital-allocation approach is designed to maximise long-term shareholder value.

As Thailand’s No.1 most trusted luxury real estate developer, with 40 year of experience, Sansiri brings a proven record in global markets from The Manner SoHo, New York to the growth of Standard International prior to its acquisition by Hyatt Hotels Corporation. Leveraging this expertise, we look forward to stewarding this exceptional investment in The Lake Como EDITION under Sansiri Capital’s ownership, in collaboration with Marriott International, which will continue to operate the hotel, while further diversifying our revenue streams across major global currencies. Looking ahead, Sansiri will actively pursue trophy-asset investments in premier leisure and gateway destinations worldwide, reinforcing our position as a fully integrated global real estate and lifestyle investment platform.”

Hashtag: #Sansiri

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New ULTRA KYC™ capability helps law firms move beyond document collection to evidence-linked customer due diligence

SINGAPORE – Media OutReach Newswire – 9 September 2026 – Amid continued scrutiny of anti-money laundering and countering the financing of terrorism (AML/CFT) practices across Singapore’s legal sector, iCOMPASS today launched Evidence-Backed AML/KYC, a new capability within ULTRA KYC™ designed to help law firms demonstrate not only that customer due diligence (CDD) was performed, but also the evidence supporting key customer information, risk assessments and decisions.

The launch comes amid continued regulatory attention on AML/CFT controls in the legal sector. Reviews following Singapore’s 2023 money-laundering case have highlighted shortcomings including inconsistent risk assessments and incomplete enhanced due diligence. For law firms, the challenge is increasingly not simply whether the required documents have been collected, but what was verified, what evidence was relied upon and how the resulting decision was reached.

The Evidence-Backed AML/KYC capability shifts the KYC workflow from document-first to evidence-linked. Key CDD information can be connected directly to the supporting evidence relied upon. For example, information relating to a client’s source of wealth, beneficial ownership or address can be linked to the relevant supporting documents, together with the associated review and approval record. This provides a clearer audit trail from the information verified, to the evidence relied upon, to the decision made.

“One of the practical challenges in KYC is ensuring the reasoning behind a decision remains clear when another person reviews the file later. With iCOMPASS’ KYC solution, having the underlying information and evidence connected in one place makes that review more efficient, while also creating a smoother onboarding experience for the client,” said Mr Wilson Foo, Joint Managing Director of Folich LLC.

The capability sits within ULTRA KYC™’s broader onboarding and lifecycle management workflow, which supports electronic verification for Singapore clients, digital identity verification for overseas clients, document collection, screening, risk assessment, approvals, and ongoing KYC refresh and reassessment.

“Law firms don’t need more KYC paperwork — they need better KYC evidence,” said Raymond Moh, CEO of iCOMPASS. “A strong KYC record should allow someone reviewing the file months or years later to understand what was verified, what evidence was relied upon and why the firm reached its decision. That is what we are trying to make much easier.”

Evidence-Backed AML/KYC forms part of ULTRA KYC™’s integrated 6-in-1 KYC/AML workflow, bringing onboarding and CDD, screening, risk assessment, approval, ongoing monitoring and reassessment into one connected process.

iCOMPASS will demonstrate the new capability at TechLaw.Fest 2026 on 9–10 September. The company will also speak on “The KYC File Is Not the Answer — Are Law Firms Doing KYC Backwards?” on 9 September, exploring how law firms can move towards more evidence-driven KYC and operationalise AML/CFT requirements in practice.

Hashtag: #iCOMPASS #TechLawFest2026 #ULTRA #RegTech #ULTRA #KYC #AML #Singapore

https://www.icompass.ai
https://www.linkedin.com/company/i-compass/

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

About Company

iCOMPASS Pte. Ltd. is a Singapore-headquartered RegTech company modernising regulatory compliance through intelligent automation. SOC 2 Type II attested and ISO/IEC 27001 certified, iCOMPASS develops AI-powered solutions that help financial institutions and professional services firms manage compliance more efficiently, securely and consistently.

Its portfolio includes the ULTRA KYC™ Platform, featured in the Monetary Authority of Singapore’s PathFin.ai programme, and ULTRA™, an AI-powered compliance operating system. iCOMPASS was also named a winner at the Singapore Business Review Technology Excellence Awards 2023 in the Regulatory Technology category.

iCOMPASS is focused on advancing trusted, technology-enabled governance and helping regulated organisations navigate increasingly complex regulatory requirements.

By Dr. Gyan Pathak Guwahati High Court’s September 3, 2026 order to bring the woman pushed into Bangladesh as infiltrator back to India and to give interim compensation of ₹2 lakh to her husband has brought the BJP’s infiltrator politics on test for accountability. The order has already made the BJP led Government of Assam […]

The article BJP’s infiltrator politics in Assam on test appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

AMAP Platform, Alibaba’s global provider of spatial intelligence and location-based solutions, joined the conference to share its technologies and real-world applications in global location services and spatial intelligence with businesses and developers from Thailand and around the world.

At the event, AMAP Platform’s Head of Overseas Business presented the company’s global strategy for spatial intelligence and highlighted solutions across key industries, including two-wheeler mobility, logistics and delivery, and travel.

For two-wheeler mobility, AMAP Platform provides multilingual POI search, motorcycle route planning, restricted-road avoidance, ETA estimation, and navigation, helping businesses deliver smarter and more efficient mobility experiences.

For logistics and delivery, location services support key stages across the delivery lifecycle, from order planning and delivery operations to network optimization, helping businesses improve delivery efficiency and operational decision-making.

For travel, multilingual POI search, multimodal route planning, and real-time navigation support a seamless journey from destination discovery to on-the-go navigation.

AMAP Platform is also expanding spatial intelligence into a broader range of industries, including e-commerce and AIoT. Through standardized, easy-to-integrate location services, AMAP Platform enables businesses worldwide to embed mapping and spatial intelligence into their products and operations, unlocking new opportunities for business growth and AI-powered industry innovation.

Hashtag: #AMAPPlatform

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Frost & Sullivan credited TP’s ability to move AI from experimentation into live operations, which Frost identified as one of the most urgent gaps in the industry. TP applies AI across the service delivery lifecycle to help teams become productive faster and improve service quality at scale. This starts with AI-enabled recruitment and onboarding, extends into simulation-based training that helps customer experts build proficiency before handling live interactions, and continues through workforce management and AI-assisted coaching. In quality assurance, TP now reviews every transaction rather than the small sample the industry has traditionally relied on, sharpening coaching precision, compliance visibility and operational learning.

“As AI becomes embedded into customer operations, enterprises need outcome-based models that orchestrate AI and human agents to improve productivity and deliver measurable business value,” said Dave Rizzo, President and CEO, APAC, TP. “TP designs workflows that use AI to elevate human work, while linking productivity gains to the business outcomes clients want to achieve. Being named Frost & Sullivan’s Asia-Pacific Company of the Year recognizes the progress we are making in delivering that transformation for clients across the region.”

Frost & Sullivan highlighted TP’s work with a major hospitality brand in Singapore as an example of this approach in practice. The engagement went beyond operational delivery to integrate technology across legacy and modern systems, while also implementing an AI-enabled knowledge platform that delivers trusted, context-aware answers to customer inquiries across multiple operational teams and lines of business. Together, these capabilities supported a broader redesign of the service infrastructure behind a high-touch, premium customer experience. Beyond individual client engagements, TP’s operations across Asia-Pacific play a dual role in TP’s strategy as both a delivery engine and a business development engine in a high-growth demand market. Frost & Sullivan noted that TP’s regional footprint enables it to respond to different language, regulatory, cultural, and operational requirements.

“The company’s centers of excellence in Asia-Pacific contribute to the development of solutions across AI, machine learning, natural language processing, analytics, and automation. This gives the region a role beyond labor delivery. It becomes a capability engine for global transformation,” said Krishna Baidya, Vice President, ICT Practice, Frost & Sullivan.

Frost & Sullivan also highlighted TP’s approach to reframing the traditional onshore-versus-offshore debate. Across Asia-Pacific, TP supports offshore, nearshore, onshore and hybrid delivery models, using technology and local market capabilities to balance cost efficiency, service quality, language requirements and regulatory needs. This flexibility allows TP to tailor delivery models to the realities of individual markets rather than relying on a single approach.

With operations in close to 100 countries and services spanning more than 170 markets, TP combines global scale with regional delivery depth, technology and human expertise. Across Asia-Pacific, this is translating into measurable outcomes, including an agentic triage use case that reduced referral-to-booking turnaround from approximately 24 hours to minutes while improving booking conversion. The recognition reflects how TP is evolving its digital business services for the next phase of AI-enabled transformation while keeping human oversight, empathy, judgment and relationships central to the service model.

Hashtag: #TP

http://www.tp.com
https://www.linkedin.com/company/wearetpgroup/home/
https://x.com/wearetpgroup
https://www.facebook.com/wearetpgroup/

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AboutTP in SINGAPORE

TP in Singapore is part of the TP Group, a global leader in digital business services which consistently seeks to blend the best of advanced technology with human empathy to deliver enhanced customer care that is simpler, faster, and safer for the world’s biggest brands and their customers. The Group’s comprehensive, AI-powered service portfolio ranges from front office customer care to back-office functions, including high-value digital transformation services, collections and operations consulting. It also offers a range of specialized services such as interpreting and localization, visa and consular services, and recruitment process outsourcing services. The teams of multilingual, inspired, and passionate experts and advisors, spread in close to 100 countries, as well as the Group’s local presence allows it to be a force of good in supporting communities, clients, and the environment.

For more information: www.tp.com.

Hong Kong Stock Connect Inclusion Set to Unlock Mainland Capital and Enhance Trading Liquidity

Hang Seng Indexes announced on August 21, 2026, that HQVT has been officially included in the Hang Seng Composite Index. The index change will be implemented after the market close on September 4, 2026, and will take effect on September 7, 2026. Upon this effective date, both the Shanghai and Shenzhen Stock Exchanges are expected to simultaneously add HQVT to the list of eligible stocks under the Stock Connect programs (Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect). This will formally enable mainland Chinese investors to trade the stock through their Stock Connect accounts from September 7 onward.

The Stock Connect channel is expected to significantly broaden HQVT’s investor base by providing access to mainland China’s substantial retail and institutional capital pools. The influx of mainland investors via Stock Connect is poised to materially enhance trading liquidity.

Recent Financial Developments Of The Company

The financial results reflect a structural shift toward high-value software intelligence, with consolidated interim operating revenue reaching RMB 410.5 million, representing a strong year-over-year increase of 84.5%. The primary growth engine was multispectral AI foundation model services, which surged 382.5% year-over-year to RMB 320.0 million, elevating the segment’s revenue contribution. Excluding non-recurring listing expenses, adjusted net profit reached RMB 27.6 million, up 21.9% compared to the prior-year period, while net cash used in operating activities narrowed by 50.2% year-over-year to RMB 34.2 million, and cash and cash equivalents amounted to RMB 595.6 million as at 30 June 2026, keeping the financial position sound. To support long-term product differentiation, HQVT expanded its R&D expenditure by 125.3% year-over-year, maintaining an R&D headcount ratio of 43.1% and amassing a portfolio of 158 registered patents (including 101 invention patents) and 46 software copyrights.

Proprietary Multispectral Sensing Across Mission-Critical Infrastructure

HQVT’s technological foundation centers on its proprietary “Super Eye” perceptual platform, an integrated vision architecture that extends detection capabilities beyond visible light 380 nm – 780 nm into the ultraviolet 10 nm – 380 nm and thermal infrared 780 nm – 1 mm bands. Processing sensory inputs via the proprietary “Zhiyuan Origin Large Model”—which has completed dual filings with the Cyberspace Administration of China (CAC) and recently secured Shenzhen’s official model service provider qualification—the system detects micro-arcing, dielectric degradation, and localized thermal spikes long before physical combustion occurs. This capability is deployed through a three-tier collaborative defense matrix combining Tier-1 rack-level internal monitoring, Tier-2 room-level spatial sensing, and Tier-3 autonomous robotic patrol scanning.

This technological framework achieved significant commercial milestones across key industrial verticals during the first half of 2026. In the Internet Data Center (IDC) space, where high-velocity forced-air cooling systems often dilute smoke and hinder traditional detectors, HQVT secured large-scale AI foundation model deployment contracts from a prominent Shanghai state-owned enterprise and a Shenzhen-listed enterprise. Concurrently, in electrical power systems and new energy infrastructure, the company entered into a strategic collaboration agreement with Deep Robotics to integrate multispectral AI modules into quadruped robotic inspection platforms, enabling contact-free, online fault diagnostics across high-voltage substations, cable interlayers, and distributed battery energy storage installations.

Edge AI Breakthrough and Scalable Global SaaS Expansion

A major technical milestone during the interim period was the successful migration of HQVT’s foundation model architecture from centralized server clusters to compact Edge AI terminals powered by the NVIDIA Jetson AGX Orin platform. By removing the necessity for expensive on-premise compute servers and eliminating cloud-network latency, this on-device implementation drastically lowers initial capital expenditures while ensuring instantaneous safety responses. This edge breakthrough transforms HQVT’s commercial delivery model, facilitating product standardization and expanding the company’s addressable client base beyond large state-owned enterprises into the broader commercial market and small and medium-sized enterprises.

Soochow Securities, in its inaugural coverage report on HQVT dated July 31, 2026, assigns a “Buy” rating with a target price of HK$58.57 per share—implying approximately 113% upside from the Sept 04 closing price of HK$27.42. The broker’s valuation is anchored on 2027E revenue of RMB 1.31 billion at a 32x P/S multiple, citing the stock’s scarcity value as the only Hong Kong Main Board-listed multispectral physical AI pure-play, the industry’s 40%+ CAGR, and anticipated margin recovery as hardware costs are amortized across repeat projects. The report notes that the Edge AI breakthrough serves as the single largest near-term catalyst, with commercialization orders representing the critical verification point for investors.

Looking ahead, HQVT is directing its IPO capital toward expanding production capacity, advancing edge-model iterations, and executing an international go-to-market strategy. To penetrate overseas markets, the company has partnered with Singapore-based LINKWISE to accelerate deployments across Southeast Asian data centers and is actively preparing channel rollouts in the Middle East and Europe. By pairing standardized edge perception hardware with cloud-based Software-as-a-Service (SaaS) subscription tiers for analytics and diagnostic reporting, HQVT is positioning itself to build recurring, high-margin international revenue streams within the global physical AI safety sector. The interim results approval by the board on August 28, 2026, and the September 7 Stock Connect effective date represent the two immediate catalysts for investor attention.

Hashtag: #ShenzhenHQVTTechnology

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

The delegation visited high-end private general hospitals including Raffles Hospital in Singapore and Mandaya Royal Hospital Puri in Indonesia, as well as clinical research institutions under the Ministry of Health of Malaysia. In-depth exchanges were carried out on core topics covering hospital operation and management, specialty development, clinical services and medical research. Through on-site visits, Macao Union Medical Center has fully drawn on the mature experience of leading Southeast Asian medical institutions in internationalized services, modern equipment application, refined clinical management and patient service experience. Meanwhile, it has established extensive industry communication networks, laying a solid foundation for subsequent specialty collaboration, talent training, research achievement transformation and the implementation of cross-border medical services.

Leveraging the Union Brand Advantage to Serve Patients in Southeast Asia

Backed by the profound technical heritage, expert resources and rich clinical experience of Peking Union Medical College Hospital, Macao Union Medical Center boasts prominent advantages in the diagnosis and treatment of critical, complex and rare diseases, early precise disease diagnosis and multi-disciplinary comprehensive treatment. Supported by expert guidance and professional training from Peking Union Medical College Hospital, the Center continuously improves its capacity for treating critical and complex diseases and performing high-difficulty surgeries, delivering high-quality and standardized international medical services for residents in Macao, the Guangdong-Hong Kong-Macao Greater Bay Area and Southeast Asia.

During the exchanges, Macao Union Medical Center conducted multi-dimensional discussions with medical institutions of the three countries on cross-border referral of critical cases, tele-consultation, mutual visits and exchanges of medical talents, and customized services for international patients. Capitalizing on Macao’s unique geographical advantages, multicultural environment and mature international service system, the Center will serve as a key hub connecting China’s top-tier medical resources with the Southeast Asian market, providing a new option for high-end regional medical needs.

Focusing on Clinical Research to Drive the Transformation of Biomedical Achievements

The study tour also focused on biomedical innovation and the transformation of clinical research outcomes. The delegation visited Clinical Research Malaysia under the Ministry of Health of Malaysia, focusing on researching the construction of Southeast Asian biobanks, biopharmaceutical research and development, and the implementation model of clinical trials. It gained in-depth insights into its operational mechanism linking pharmaceutical enterprises, scientific research institutes and medical institutions, as well as advanced experience in precise tumor treatment and clinical screening of new drugs. The visit provides an important reference for Macao Union Medical Center to optimize its research platform, advance the development of key disciplines and standardize the management of international clinical trials.

Building a Regional Medical Platform and Expanding “Healthcare + Tourism“ Development

According to Macao Union Medical Center, Macao boasts broad prospects for health industry cooperation with the three Southeast Asian countries. Moving forward, the Center will continue to benchmark against world-class medical standards, deepen cooperation in clinical diagnosis and treatment, scientific research innovation and talent training, and give full play to Macao’s unique advantage of connecting inland China and the outside world. It will integrate resources from all sectors to deepen cross-domain cooperation, and actively explore the integrated development model of “medical care + tourism” to attract international patients to seek medical treatment in Macao. This will help Macao build a regionally influential high-end healthcare platform and empower the appropriate and diversified economic development of the city.

Hashtag: #MacaoUnionMedicalCenter

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The Federal Ministry of Solid Minerals Development is partnering with EnergyNet to deliver the first Nigeria NOW

ABUJA, Nigeria – EQS Newswire – 3 September 2026 – The Nigeria NOW! takes place on 19 and 20 November at the Bola Ahmed Tinubu International Conference Centre, under the patronage of the Honourable Minister of Solid Minerals Development, Dr Dele Alake. Between 500 and 600 delegates are expected across energy, infrastructure and mining.

The Federal Ministry of Solid Minerals Development is partnering with EnergyNet to deliver the first Nigeria NOW!, and has committed to remain involved through the preparatory period rather than at the event alone. The Ministry hosted the Abuja launch, secured the patronage of the Honourable Minister, and convened three further federal ministries as deliberate participants.

Speaking at the launch through Engr. Obadiah Simon Nkom, Director-General of the Mining Cadastre Office, Dr Alake set out why four ministries participate rather than one. Infrastructure, licensing, financing, technology, security and market access fall across several mandates, and no single ministry can answer an investor’s questions on all of them.

Why Nigeria

Nigeria now issues no mining licence without a plan for a local processing plant. The rule has been applied consistently and the investment following it includes a $1.3 billion partnership with the Africa Finance Corporation covering an alumina refinery, geological mapping and exploration support, a $600 million lithium processing plant near the Kaduna-Niger border, and a $200 million lithium refinery outside Abuja.

The first working demonstration is already running. A lithium plant at Endo in Nasarawa State, commissioned on 2 July, processes 6,000 tonnes of ore a day on around $250 million of investment. Sector revenue reached over 38 billion naira in 2024 against 6 billion the previous year. A memorandum signed with Türkiye in May covers exploration, technology transfer, digitalisation and training, and the Solid Minerals Development Fund began awarding exploration grants in July under its new EMERGE endowment.

Nigeria’s power sector is moving on the same principle of decentralised decision-making. Two years into the Electricity Act 2023, the Nigerian Electricity Regulatory Commission has transferred regulatory oversight to sixteen subnational commissions, giving states authority over their own electricity markets for the first time. The Nigerian Sovereign Investment Authority has put domestic capital behind distributed renewable energy, and industrial self-supply has reached 200MW, with a steel plant among the projects breaking ground against it.

Dr Alake’s own formulation is that the days of exporting raw minerals from pit to port are over.

What the Expo covers

Nigeria NOW! brings government, investors, project developers, financial institutions and development partners together around three sectors, energy, infrastructure and mining, with a focus on projects, capital and partnerships rather than announcements alone. The programme runs across two days at the Bola Ahmed Tinubu International Conference Centre in Abuja.

“This is the first Nigeria NOW! held in Nigeria, and the Ministry’s commitment to stay involved through the preparatory period is what makes it different from a conference that arrives and leaves,” said Abdoulaye Sylla, Portfolio Manager and Head of Corporate Development at EnergyNet. “We expect between 500 and 600 delegates, and the Ministry has asked that the Expo be judged on what is delivered after it closes.”

Partners

Nextier joins the Expo as Official Advisory Partner, providing strategic advisory and media support across the programme.

The Nigerian Indigenous Women in Mining and Natural Resources Organisation (NIWIMNRO) joins as Women in Mining Partner. The network was recognised at the Abuja launch with EnergyNet’s Leadership Award and a $25,000 grant, following a year in which it took its work with women artisanal miners from three states to all six of Nigeria’s geopolitical zones, adding protective equipment, mobile medical visits and cooperative registration to the training programme it began with.

Women in Mining joins as Women in Mining in Nigeria Partner; The Lagos State Ministry of Energy and Mineral Resources joins as Lagos State Sponsor; The Electricity Hub joins as Official Podcast Partner.

YES! Nigeria

The Youth Energy Summit runs alongside Nigeria NOW! on 20 November at the same venue, bringing young professionals and entrepreneurs into the same building as the investors and ministries. The Youth Sustainable Development Network joins as a partner for the Nigerian edition, alongside the University of Abuja’s Centre for Entrepreneurship Development and Students as YES! Supporting Partner.

Distributed by APO Group on behalf of EnergyNet Ltd.

Download Image (1): https://apo-opa.co/4gIB9gr (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! Launch (1))

Download Image (2): https://apo-opa.co/4x1g0o5 (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! Launch (2))

Download Image (3): https://apo-opa.co/4gV7u42 (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! launch (3))

Media and partnership enquiries:
Poliana Sperandio
Director
Marketing Strategy & Performance
EnergyNet
[email protected]
+44 (0) 207 384 8191

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

About EnergyNet

EnergyNet produces investment forums and digital dialogues across energy, mining and infrastructure in Africa, bringing governments, investors, developers and utilities together around investment, policy dialogue and project delivery. Best known for the Africa Energy Forum, EnergyNet has worked in Nigeria for fifteen years. EnergyNet owns and operates the Energy News Network, its independent editorial platform, and is part of Clarion Events.

HDFC Bank’s weighting in the benchmark has fallen to about 9.81 per cent, compared with 9.34 per cent for ICICI Bank, leaving a gap that exceeded four percentage points at the start of 2026. Reliance Industries remains third, with a weighting slightly above 8 per cent. Separate index research based on August 31 levels also showed the HDFC-ICICI gap at its narrowest since at least January 2010.

The convergence reflects sharply different share performances. HDFC Bank has fallen about 29 per cent this year, putting the stock on course for its weakest annual performance since 2008, while ICICI Bank has gained roughly 6 per cent. The sell-off has erased more than $65 billion from HDFC Bank’s value since its peak last year, reducing its market capitalisation to about $114.5 billion. ICICI Bank is valued at nearly $109 billion.

Pressure on HDFC Bank intensified after Managing Director and Chief Executive Officer Sashidhar Jagdishan said he would not seek another term and would leave when his current tenure ends on October 26. The bank has begun a succession process at a time when investors are already assessing the implications of an unusually unsettled period at board and senior-management level.

Jagdishan’s departure follows the March resignation of part-time chairman and independent director Atanu Chakraborty, who said certain happenings and practices he had observed over two years were not consistent with his personal values and ethics. The resignation prompted questions about governance, although the Reserve Bank of India said at the time that its periodic assessments had found no material concerns regarding the bank’s conduct or governance and described its financial position as satisfactory.

HDFC Bank subsequently commissioned external law firms to examine the implications of Chakraborty’s letter. The bank said in June that the review, based on records and witness interviews, did not substantiate the implications arising from the former chairman’s resignation. That finding provided an important institutional counterweight to the concerns raised by the abrupt exit, but it did not prevent governance and succession issues from remaining central to investor debate.

The market impact has become increasingly visible in index composition. At the end of December 2025, HDFC Bank accounted for about 12.7 per cent of the Nifty, against 8.05 per cent for ICICI Bank. By August 31, research from Nuvama Alternative & Quantitative Research put the weights at 9.85 per cent and 9.45 per cent respectively. Reliance Industries, whose shares have also weakened this year, had fallen to about 7.8 per cent from 8.9 per cent.

Index weight matters because passive funds and exchange-traded products tracking the Nifty allocate capital according to constituent weights. A change at the top would therefore alter the relative influence of the two banks on benchmark movements, although it would not by itself change their underlying businesses. HDFC Bank remains larger by market value, while Reliance Industries remains larger than either lender.

Operationally, HDFC Bank continues to report profit growth despite the market concerns. Standalone net profit for the June quarter rose 5 per cent from a year earlier to ₹19,060 crore, while net interest income increased 6.7 per cent to ₹33,535 crore. Gross advances rose 15.4 per cent year on year and total deposits increased 14.7 per cent. Its net interest margin, however, narrowed to 3.26 per cent, while gross non-performing assets edged up to 1.17 per cent.

ICICI Bank reported faster growth in the same quarter. Profit after tax increased 15.9 per cent to ₹14,805 crore, net interest income rose 12.7 per cent to ₹24,384 crore and its total loan portfolio expanded 19.6 per cent. The bank reported a 4.36 per cent net interest margin and a net non-performing asset ratio of 0.35 per cent at the end of June.

A distinguished leader who served as the 8^th Governor (Yang di-Pertua Negeri) of the Malaysian state of Penang, Tun Fuzi will advise IMA on its regional growth strategy, strategic partnerships, and institutional engagement as the Publisher accelerates the expansion of its leading business magazine title, The SmartInvestor (TSI) across ASEAN.

“Onboarding Tun Fuzi is a milestone not only for IMA, but Malaysia’s media publication industry. Undoubtedly a seasoned leader fortified by his long diplomatic career experience, we are confident that his strategic insights will pave the way for TSI’s stronger regional voice,” said CT Cheah, IMA’s Managing Director and TSI’s Managing Editor.

Currently, TSI has established its presence in Hong Kong in addition to Malaysia via its magazine content and dedicated website platforms. The publication also recently relaunched https://smartinvestor.com.my and https://smartinvestor.hk and is also in progress to rolling out its China website by the first half of 2027.

Beyond expansion plans, Tun Fuzi also shares a common vision with IMA in empowering communities through financial literacy as the partnership will kickstart initiatives to promote practical grassroots financial education, strengthen awareness on governance and regulatory compliance as well as encourage informed financial-decision making among communities, business and future generations.

“A well-informed society is fundamental to sustainable economic growth. I believe the media has an important role in promoting financial awareness, encouraging good governance, and connecting businesses and communities across borders. Working with IMA, I am committed to supporting its nation-building initiative of advancing financial literacy and responsible investment knowledge across ASEAN,” stated Tun Fuzi.

With its expansion strategy in place and leveraging on the new appointment, IMA is exploring new opportunities for regional collaboration to broaden its reach and relevance across Asia. At the heart of this ambition is a commitment of combining credible journalism with education, contributing to a more informed, resilient and inclusive society.

Hashtag: #InovatifMediaAsia #TheSmartInvestor #TunFuzi

https://smartinvestor.com.my

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

About Inovatif Media Asia (IMA)

Founded in 2002, IMA has built a reputation for producing high-quality business and lifestyle publications. Apart from its leading business magazine The SmartInvestor, the Publisher also owns titles including Calibre, FENG, The G.Mag and The Real Time.

With a new management onboard in 2023, IMA is slated to expand its regional presence for publications, business dialogues and cross-border collaborations.

Websites:
1.https://smartinvestor.com.my
2.https://smartinvestor.hk

• Benefiting from sustained strong chip demand across the AI data center (“AIDC”), storage and robotics sectors, the Group’s revenue increased by approximately 98.4% year-on-year to approximately RMB13,249.2 million;

• The Group recorded gross profit of approximately RMB799.7 million and net profit of approximately RMB373.0 million. Profit attributable to equity shareholders of the Company amounted to approximately RMB278.9 million, representing a year-on-year increase of approximately 111.1%;

• The Group has strategically upgraded from an “AI hardware distributor” into a “Token computing power operator”, opening up a second growth curve; and

• The Group has formally entered into Token computing power services contracts worth more than US$1 billion, with delivery expected to commence in the fourth quarter of 2026.

HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – Ingdan, Inc. (“Ingdan” or the “Company”; Stock Code: 400.HK, together with its subsidiaries, the “Group”), an ecosystem services platform anchored in artificial intelligence (“AI”) chips and principally engaged in the businesses of “Comtech” and “Ingdan” today announced its unaudited interim results for the six months ended June 30, 2026 (the “First Half of 2026” or the “Period”).

Financial Highlights for the First Half of 2026

During the Period, benefiting from sustained strong chip demand across the AIDC, storage and robotics sectors, the Group recorded revenue of approximately RMB13,249.2 million, representing an increase of approximately 98.4% from approximately RMB6,676.5 million for the corresponding period in 2025.

The Group’s gross profit amounted to approximately RMB799.7 million, representing a year-on-year increase of approximately 36.5%. Operating profit was approximately RMB517.2 million, representing a year-on-year increase of approximately 87.7%. Net profit after tax amounted to approximately RMB373.0 million, representing a year-on-year increase of approximately 96.3%.

Business Review

Strategic Upgrade Milestone: Token Factory Order Formally Secured, Opening Up a Second Growth Curve

During the First Half of 2026, the Group achieved a landmark breakthrough in its AI-driven strategic upgrade. The previously disclosed intent service orders exceeding US$1 billion have now been formalized into services contracts. Delivery is expected to commence in the fourth quarter of 2026, with the contracts expected to generate aggregate service revenue of more than US$1 billion over the next five years. This milestone signifies a fundamental evolution in the Group’s growth model—from “selling chips” to “selling computing power”—and its formal upgrade into an “Token computing power operator”, presenting a compelling new value proposition to the capital markets.

Three Growth Drivers for Rapid Expansion

The Group’s performance growth is supported by three core drivers:

• AI computing power: The accelerating development of global data centers continues to drive strong demand for GPUs and CPUs. The Group provides full-stack computing power support, from chips to application solutions, and is deeply involved in the development of cloud-based intelligent computing centers;
• Storage cycle: Surging demand for AI foundation model training and inference is driving expansion in the memory chip market. Leveraging the resources of leading global suppliers, the Group ensures a reliable supply of memory chips and complementary solutions; and
• Embodied intelligence and robotics: As humanoid robots enter the mass-production stage, the Group is strengthening its full-stack deployment, from edge AI computing solutions built around platforms such as NVIDIA Jetson to enterprise-level computing clusters.

Full-Chain Technology Services Platform

As a technology services platform based on AI chips, the Group connects upstream AI chip technologies with the needs of downstream innovative enterprises. Leveraging the resources of leading global chip manufacturers, including NVIDIA, Intel, AMD and SanDisk, the Group has established a comprehensive product portfolio covering GPUs, CPUs, FPGAs, ASICs, memory chips and software ecosystems. With chip distribution serving as its entry point, the Group provides customers with integrated, full-chain services encompassing technology solutions, supply chain management, technical training, and after-sales operation and maintenance. Its services cover a broad range of application scenarios, including cloud-based intelligent computing centers, edge AI, robotics, drones and enterprise-level computing power services.

Global Computing Power Network Deployment

To support the large-scale delivery of its Token factory business, the Group is accelerating the development of a global computing power network. In the near term, it plans to expand its computing centers footprint into multiple Asian countries, with total planned computing capacity exceeding 100 megawatts. Through its proprietary Token computing power scheduling platform, the Group provides one-stop services encompassing computing power scheduling, cluster operation and maintenance, and Token computing power services. Its customers include leading internet cloud service providers and market-leading enterprises in vertical robotics segments, demonstrating the commercial viability of the Group’s business model.

Outlook

Mr. Jeffrey Kang, Chairmanand CEO of Ingdan, Inc., commented: “As demand across AIDC, storage, robotics and AI Token services continue to grow, the Group’s strategic positioning as a ‘Token computing power operator’ has been further strengthened. We expect robust customer demand in the second half of the year, while the AI Token factory business is expected to become the Group’s second growth curve. This will further enhance the capital market’s recognition of the visibility of the Company’s growth and its long-term development potential.”

Cautionary Statement

The information contained in this document has not been independently verified. Neither the Company nor any of its affiliates, advisers or representatives makes any express or implied representation, undertaking or warranty as to the fairness, accuracy, completeness or correctness of the information or opinions presented or contained herein. No person should rely on this document as a basis for any decision.

The information contained in this document should be considered in the context of the circumstances prevailing at the relevant time and is subject to change without notice. The Company undertakes no obligation to update the information contained herein to reflect any developments occurring after the date of this document. This document is not intended to provide, and should not be relied upon as providing, a complete or comprehensive analysis of the Company or its financial or operating condition or prospects. Neither the Company nor any of its affiliates, advisers or representatives shall have any obligation or accept any liability, whether in negligence or otherwise, for any loss arising from any use of this document or its contents or otherwise arising in connection with this document.

This document may contain statements reflecting the Company’s current intentions, beliefs and expectations regarding the future as of the relevant dates indicated herein. Such forward-looking statements do not constitute guarantees of future performance. They are based on certain assumptions concerning the Company’s operations and on factors beyond the Company’s control, and are subject to significant risks and uncertainties. Accordingly, actual results may differ materially from those described in such forward-looking statements. Neither the Company nor any of its affiliates, advisers or representatives has any obligation or undertakes to update any forward-looking statement to reflect events or unforeseen circumstances arising after the relevant date.

Hashtag: #Comtech #Ingdan #AI #AIDC #TokenFactory #IC #Chips #humanoid #Intel #AMD #Sandisk #NVIDIA #Tech #RevenueGrowth #TechGrowth #AIInvestment #ProprietaryProducts #KeplerLab #Comtech #IngdanTechnology #IngdanAcademy #AIAcceleration #TechTransformation

https://ingdangroup.com/

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

Ingdan, Inc.

Ingdan, Inc. (Stock Code: 400.HK) is an ecosystem services platform anchored in artificial intelligence (“AI”) chips. The Group captures the rapidly growing demand across numerous industries, from AI computing centers to AI-powered intelligent terminals, by converting AI chip resources into a broad range of rapidly deployable application solutions that provide the core driving force for customers’ intelligent upgrade. Through its proprietary AI technologies, large models and specialized industry knowledge bases, the Group provides customers with advanced chip application technology solutions and efficient supply chain management services.

Headquartered in Shenzhen, the Group operates offices and branches across major cities in China, including Hong Kong, Beijing, Shanghai, Guangzhou, Hangzhou , Suzhou, Wuhan and Chengdu, as well as operations in Singapore and Japan. The Group’s core businesses are Comtech — a technology services platform for the chip industry; and Ingdan — a platform providing Artificial Intelligence of Things (“AIoT”) technology and services.

For further information, please refer to the Company’s website at www.ingdangroup.com

Proposed an interim dividend of HK11.0 cents per share

Highlights:

• Revenue increased to approximately HK$1,450.9 million.
• Gross profit increased to approximately HK$518.8 million.
• Profit attributable to owners of the Company amounted to approximately HK$116.2 million.
• As at 30 June 2026, the Group operated a total of 190 chain retail stores
• Basic earnings per share was approximately HK11.6 cents. The Board recommended the payment of interim dividend of HK11.0 cents per share.

Financial Highlights:

HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – Best Mart 360 Holdings Limited (“Best Mart 360” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2360.HK), a leading leisure food retailer in Hong Kong, announced its interim results for the six months ended 30 June 2026 (“the Period under Review”). During the Period under Review, the revenue recorded by the Group amounted to approximately HK$1,450,897,000, representing an increase of approximately 1.0% as compared to approximately HK$1,436,576,000 for the six months ended 30 June 2025 (the “Corresponding Period Last Year”).

During the Period under Review, profit attributable to owners of the Company amounted to approximately HK$116,221,000.

For the six months ended 30 June 2026, gross profit of the Group was approximately HK$518,758,000, representing an increase of approximately 0.1%, as compared to gross profit of approximately HK$518,177,000. Gross profit margin during the period was approximately 35.8%. During the Period under Review, basic earnings per share of the Group was approximately HK11.6 cents. The Board recommended the payment of interim dividend of HK11.0 cents per share.

BUSINESS REVIEW

CHAIN RETAIL STORES

As at 30 June 2026, the Group operated a total of 190 chain retail stores, including 184 chain retail stores in Hong Kong and 6 chain retail stores in Macau, respectively. During the Period under Review, the Group continued to implement its store network optimization strategy to fully showcase its diverse product portfolio, further enhance its overall brand image and provide customers with a more comfortable shopping environment.

Since 2021, the Group has launched its brand of global wine and food stores “FoodVille”, which provides mid-to-high-end, premium food products from around the globe. These include fine wines, premium chocolates, health foods, cheese, Western sauces and ingredients from around the world, aming to cater to the market’s pursuit of a quality of life and expanding the Group’s customer base. As at 30 June 2026, the Group operated a total of 8 retail stores under the brand.

During the Period under Review, the rental expenses (on a cash basis) of the Group’s retail stores accounted for approximately 9.7% of its sales revenue.

THE PRODUCTS

During the Period under Review, the Group adhered to its global procurement strategy, sourcing high-quality products from around the world to provide customers with a diversified range of choices. During the Period under Review, the Group sold over 1,045 brands and more than 3,054 stock keeping units (“SKUs“) of products in total. The Group continuously optimised its product portfolio and actively introduced a variety of new products and flavours to meet customers’ ever-changing needs.

To enrich its product mix and maintain effective control over product quality, supply stability and profit margins, the Group continued to actively develop its private label products. During the Period under Review, sales derived from private label products amounted to approximately HK$277,194,000 (six months ended 30 June 2025: approximately HK$251,203,000), which accounted for approximately 19.1% of the Group’s total revenue for the Period under Review. The Group had a total of 12 private labels covering approximately 272 SKUs of products, including masks, canned Chinese delicacies, cereals, milk, honey, nuts and dried fruits as well as a wide range of leisure food products.

MEMBERSHIP SCHEME AND MARKETING & PROMOTIONAL ACTIVITIES

As at 30 June 2026, the Group had a cumulative total of approximately 2,469,754 registered fans and members (30 June 2025: approximately 2,243,198). As at 30 June 2026, the number of mobile app members reached approximately 1,374,462 (30 June 2025: approximately 1,238,775).

During the Period under Review, the Group continued to carry out a variety of marketing activities, including “Best Price”, “Instant Redemption upon Purchase” and other promotional campaigns, which provided customers with a series of special offers on selected quality products as a way to show its appreciation for their support and effectively enhance customer loyalty. The Group also launched a new brand promotion campaign, namely “Best Mart, Always a Friendly Buy”, in 2026. By integrating online and offline promotional channels, the Group further strengthened its brand image and enhanced its interaction and connection with customers.

The Group also utilised a variety of outdoor media, such as large-scale advertisements at MTR stations and truck wraps, together with marketing strategies on digital media and social platforms, to further increase its brand exposure and market penetration, thereby attracting more new customers to shop at its stores.

In addition, the Group actively fulfilled its corporate social responsibility by partnering with the charitable foundation under China Merchants Group to launch the “Care 360˚” Neighborhood Support Programme, which aids families in need, continuously promotes community care and inclusion and actively puts into practice the core principles of corporate sustainability.

EMPLOYEES

As at 30 June 2026, the Group employed a total of 1,257 full-time and part-time employees (31 December 2025: 1,227). The increase in the total number of employees was primarily due to the Group’s recruitment of additional staff for its newly opened stores. To retain talent and provide its employees with appropriate incentives to enhance their sense of belonging and loyalty, the Group regularly reviews and updates its employee remuneration packages and benefit plans, taking into account labour market supply and remuneration trends as well as individual employee performance. During the Period under Review, the staff costs of the Group (excluding emoluments of the Directors) accounted for approximately 9.6% of its total revenue (six months ended 30 June 2025: approximately 9.7%).

OUTLOOK

Global geopolitical tensions remain high, and uncertainty persists regarding the pace of the external economic recovery. Meanwhile, the active expansion of mainland Chinese e-commerce platforms into Hong Kong has driven the popularity of cross-border online shopping, further intensifying competition in the local retail market. Amid complex and increasingly competitive market conditions, the overall business environment for the retail sector is expected to remain under pressure in the second half of 2026. However, as Hong Kong hosts a series of major international events and exhibitions as well as cultural and sports activities, the number of visitors to Hong Kong and their willingness to spend are steadily recovering. At the same time, consumption of daily necessities has demonstrated strong resilience. Market demand for value-for-money globally sourced food products and healthy snacks continues to grow, presenting the Group with solid development opportunities. Looking ahead, the Group remains cautiously optimistic about its business prospects. To address intense market competition, we are committed to refining operational management, optimizing business processes, and maintaining strict cost controls.

To further strengthen its connection with consumers, the Group officially launched a rebranding campaign in June 2026, adopting “Best Mart, Always a Friendly Buy” as its new core brand value and striving to build a more welcoming, youthful, vibrant and creative brand image. Regarding its store network management, the Group will balance strategic expansion with operational optimization. On one hand, the Group will capitalise on appropriate market opportunities and continue to expand its footprint through a “dual-brand” strategy featuring “Best Mart 360˚” and “FoodVille”, aiming to precisely meet the demand for high-quality food across different customer segments. On the other hand, the Group will adhere to strict capital-return discipline by actively negotiating with landlords for more flexible and reasonable lease terms, while regularly reviewing the operational efficiency of existing stores. Through these efforts, the Group aims to comprehensively enhance the overall profitability of its network and deepen its presence in the mass retail market.

Faced with a complex, ever-changing and highly competitive market environment, the Group is comprehensively exploring and researching the application of artificial intelligence in its business processes, aiming to enhance operational efficiency through innovative technology. The Group will further deepen its online-offline integration strategy, fully leverage the advantages provided by the extensive member database of its mobile app and implement targeted marketing through big data analysis to effectively increase member engagement and overall repeat purchase rates.

In terms of online channels, the Group will strengthen its collaboration with the foodpanda mall platform to ensure a seamless shopping experience. The Group will also remain agile in our operational strategies to optimize overall sales performance.

Guided by its core brand philosophy of “Best Quality” and “Best Price”, the Group will make every effort to expand its upstream supplier network while ramping up the development of its private label products. These initiatives will solidify our competitive pricing advantage while effectively meeting the market demand for daily necessities. The Board is confident that, through prudent yet flexible strategic planning, strong brand appeal and an optimised product portfolio, the Group will successfully enhance customer loyalty. This will steadily drive the business toward sustainable growth, thus creating long-term and robust returns for shareholders.

Hashtag: #BestMart360

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

About Best Mart 360 Holdings Limited

Best Mart 360 Holdings Limited, mainly operates chain retail stores under the brand “Best Mart 360˚”. It offers a wide collection of imported prepackaged leisure foods and other grocery products, principally from overseas. The Group’s business objective is to offer “Best Quality” and “Best Price” products to customers through continuous efforts on global procurement with a mission to provide comfortable shopping environment and pleasurable shopping experience to customers. As at 30 June 2026, the Group operates 190 retail stores that are strategically located across 18 districts in Hong Kong and Macau. In addition, the Group’s new global gourmet store, “FoodVille”, was officially opened in September 2021, which mainly provides globally sourced medium-to-high-end quality food products.

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