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Securing Maryland-Based Drug-Substance Facility and Existing Commercial Orders to Scale the Group’s Integrated Technology Platform

HONG KONG SAR – Media OutReach Newswire – 12 May 2026 – Bora Pharmaceuticals (“Bora” or “Bora Group”; TWSE: 6472; OTCQX: BORAY) today announced that its Board of Directors has approved the acquisition of the GMP manufacturing operations, including the CDMO business, of MacroGenics, Inc. (NASDAQ: MGNX), for total consideration of US$122.5 million, subject to customary working capital adjustments, and a contingent consideration of up to $5 million based on future customer orders. The transaction includes a biologics drug substance manufacturing facility located in Rockville, Maryland and an associated warehousing center in Frederick, Maryland. Upon closing of the acquisition, the Company will sign a long-term CDMO Service Agreement with MacroGenics.

Following closing, Bora Group intends to leverage the Rockville Site in cooperation with Tanvex Biopharma (TWSE: 6541), which operates the Group’s biologics CDMO franchise under the “Bora Biologics” brand. Together with Bora’s sterile drug product capabilities, this is expected to scale the Group’s end-to-end biologics platform.

The Rockville facility has operated as an outsource manufacturing partner since 2022 and is equipped with five 2,000-liter and two 500-liter single-use bioreactors and fully integrated QC and analytical laboratories and has been inspected by both the U.S. FDA and Japan’s PMDA. From the transaction, Bora is expected to assume a substantial backlog for the size of its Bora Biologics CDMO business, including commercial-stage monoclonal antibody programs, clinical-stage programs, and a strong project pipeline. Commercial manufacturing currently accounts for more than half of the site’s revenue.

“This acquisition marks a pivotal step in strengthening Bora’s integrated biologics CDMO platform in the United States”, said Bobby Sheng, Chairman and CEO of Bora Group. “With the addition of the Rockville site, Bora Biologics total drug substance capacity would be 20,000-liter (SUB) and Bora Group will integrate our in-house DS (Drug Substance) and DP (Drug Product) capabilities and network investments over the next 12 to 18 months to offer global biotech customers a seamless offering allowing customers to advance programs from development through commercial supply with one single partner.”

Bora’s Board of Directors has authorized the Chairman to finalize the transaction in line with market conditions and the regulatory environment. For the year ended December 31, 2025, MacroGenics reported contract manufacturing revenue of $52.6 million.
Hashtag: #BoraPharmaceuticals

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

About Bora:

Founded in 2007, Bora Pharmaceuticals (“Bora” or “the Company”, 6472.TW and BORAY.OTCQX) is a leading pharmaceutical services company with a vision and goal of “Contributing to Better Health All Over the World”. Operating under a “Dual Engine” model that integrates CDMO and commercial expertise, we empower pharmaceutical and biotech partners to optimize product development, accelerate launches, and scale supply to meet global patient needs. At the same time, we actively broaden R&D and sales infrastructure, focusing on niche and rare disease markets to improve patients’ quality of life.

By investing in talent, infrastructure, and biologics expansion, Bora continues to transform operations and achieve sustainable growth. Committed to making success “certain,” Bora sets new standards in the pharmaceutical and CDMO industries.

For more, please visit:
https://www.bora-corp.com
https://www.boracdmo.com

Disclaimer:
This document and the accompanying information may contain forward-looking statements. All statements regarding the company’s future business operations, potential events, and prospects (including but not limited to forecasts, targets, estimates, and operational plans) are considered forward-looking statements unless they refer to factual occurrences. Forward-looking statements are subject to various factors and uncertainties that may cause significant differences from actual results, including but not limited to price fluctuations, actual demand, exchange rate variations, market share, competitive conditions, changes in the legal, financial, and regulatory framework, international economic and financial market conditions, political risks, cost estimates, and other risks and variables beyond the company’s control. These forward-looking statements are based on current predictions and assessments, and the company disclaims any responsibility for future updates.

Short Courses Structured for Busy Professionals

For working adults who want targeted upskilling, SIM Academy’s course listing includes instructor-led programmes that are typically offered in short formats. The 1-day or 2-day course structure may appeal to professionals seeking to build capability while balancing work and personal commitments.

The topics covered reflect a mix of core workplace capabilities and emerging skill areas, including communication skills, cognitive skills, systems leadership, sustainability, as well as broader organisational and leadership competencies. Such short-format training has become a common feature within Singapore’s continuing education landscape, particularly among working adults seeking to remain competitive in a changing job market.

SkillsFuture Funded Training Courses

A number of SIM Academy’s professional development courses are eligible for SkillsFuture Credit and related funding schemes. These funding mechanisms are part of national efforts to encourage lifelong learning and support workforce transformation. The availability of funding-supported courses may lower barriers to participation for individuals and employers, particularly for those pursuing incremental skills upgrading.

Career Switch for mid‑career professionals

SIM Academy offers programmes under the SkillsFuture Career Transition Programme (SCTP). These programmes are designed for individuals considering a shift into new roles or sectors and typically run over 5-6 months. Programme structures may include a combination of classroom learning, practical projects and career support elements such as guidance on job search and career planning.

This reflects a broader trend in Singapore’s training ecosystem, where structured transition programmes are increasingly used to support workforce mobility and adaptation to new job roles.

Flexible Delivery Formats

SIM Academy’s programmes are delivered through a mix of in-person, online and blended learning formats. This allows participants to select learning modes that align with their schedules and professional commitments. Short courses are conducted throughout the year, primarily at SIM Management House, alongside digital learning options that support greater accessibility. Flexible delivery has become an increasingly important feature of professional education, particularly for working adults balancing training with full-time employment.

Part of a Broader Continuing Education Landscape

As industries continue to evolve, demand for continuous skills development remains a key focus within Singapore’s workforce strategy. Short courses, modular training and structured transition programmes are among the approaches adopted by training providers to meet these needs.

SIM Academy’s range of offerings includes shorter, skills-focused workshops and longer-duration programmes designed to support career transitions.

References

• SIM Academy: https://www.sim.edu.sg/professional-development/overview
• Courses offered by SIM Academy: https://www.sim.edu.sg/professional-development/courses/course-listing
• SkillsFuture Courses offered at SIM: https://www.sim.edu.sg/professional-development/courses/skillsfuture-courses
• SkillsFuture Career Transition Programme (SCTP): https://sctp.pd.sim.edu.sg

Hashtag: #SIMAcademy #SIMA

https://www.sim.edu.sg/

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

About SIM Academy

SIM Academy provides leading-edge professional development and enterprise solutions. SIM Academy offers over 300 executive and business programmes that help almost 10,000 professionals annually on average hone their competencies to drive business value and achieve peak personal and enterprise performance.

Our programmes encompass a comprehensive range of lifelong learning opportunities designed to empower professionals with the knowledge, skills, and competencies necessary to become effective change-makers and leaders in today’s volatile and uncertain business landscape.

For more information on SIM Academy, visit sim.edu.sg

Hotels: Distinctive Expressions of Contemporary Luxury

In the Hotels category, Andaz Macau, Capella at Galaxy Macau and Raffles at Galaxy Macau were recognised among Tatler Best 10 Hotels Macau for their distinctive design languages, elevated service philosophies and exceptional guest experiences—each offering a unique interpretation of contemporary luxury within the Galaxy Macau ecosystem.

Among the honours, Capella at Galaxy Macau stood out as a defining highlight. As the newest jewel added to Galaxy Macau’s award-winning portfolio of world-class accommodation, the ultraluxury property was also named Best New Hotel in Macau—a powerful affirmation of Galaxy Macau’s continued commitment to delivering deeply personal, thoughtfully curated experiences that leave a lasting impression on every guest.

In recognition of its vibrant arts focused, design-led, lifestyle offering, Andaz Macau received the lauded Hotel – Best Design in Macau title.

Further recognition saw the elevated luxury stay experience at both Galaxy Hotel and Banyan Tree Macau garnering the Tatler Best Spotlight Hotel recognition, respectively.

Restaurants: Culinary Craftsmanship Across Traditions

Galaxy Macau’s culinary excellence was further affirmed with five restaurants named among Tatler Best 20 Restaurants Macau, signalling the most outstanding dining destinations: Feng Wei Ju, House of Origin, Lai Heen, Sushi Kissho by Miyakawa, and 8½ Otto e Mezzo Bombana at Galaxy Macau. Spanning refined Chinese, Japanese and Italian dining traditions, these acclaimed restaurants are led by industry‑defining chefs and teams whose mastery, creativity and discipline continue to set benchmarks for gastronomy in the region.

Under the direction of Michelin-starred Chef Xu Jingye, Culinary Director of House of Origin, House of Origin introduces a philosophy of “Refined Homeliness” to Galaxy Macau—presenting Cantonese cuisine that honours pristine culinary craftsmanship and seasonality within an inviting and personalised living-room setting. In recognition of its thoughtful balance between culinary heritage, contemporary innovation and finely honed, personalised service, it garnered the title of Best New Restaurant in Macau, signalling standout recognition from Tatler’s panel.

Additionally, 8½ Otto e Mezzo Bombana at Galaxy Macau also attained the Restaurant – Best Service in Macau Award, a testament to the restaurant’s impeccably vibrant service that creates consistently unforgettable memories for guests at each visit.

Recognised for showcasing the best of pristine seasonal produce and teppanyaki techniques at Teppanyaki Shou and masterful Thai at Saffron, both attained the coveted Tatler Best Spotlight Restaurant title.

Bars: A Sophisticated and Expressive Mixology Landscape

Galaxy Macau’s vibrant and diverse bars also received significant recognition, with six establishments honoured among Tatler Best 20 Bars Macau: Andaz Bar, Long Bar, Pony & Plume, Raffles Lounge & Terrace, The Ritz-Carlton Bar & Lounge, 8½ Otto e Mezzo Bombana and Goa Nights at Broadway Food Street. Together, these bars reflect Galaxy Macau’s innovative, nuanced approach to the art of mixology—from an exquisitely rakish whisky-meets-cocktails haven, to an iconic Macau-inspired speakeasy hideaway; from glimmering bar classics where the city’s finest expressions of luxury-meets-cocktail craft can be found under the rarefied glimmer of an over-sized chandelier; to lively, flavour-driven social destinations. Galaxy Macau’s bars have been recognised for their industry defining authenticity.

As the world’s first speakeasy under the Raffles brand, Long Bar – led by Nokoy Mak, chief mixologist & bar manager – distinguished itself with its inventive mixology and sophisticated interior design, earning the Bar – Best Innovation in Macau Award. This recognition reaffirms the Galaxy Macau’s market‑leading position in crafting elevated social experiences, live music; setting new benchmarks for contemporary cocktail craft.

Nestled within Capella at Galaxy Macau, Pony & Plume, the city’s first whisky bar and divan, received standout recognition in its first year of opening. Home to a collection of more than 650 whiskies, curated across eight distinct flavour profiles, the venue also features a unique cocktail programme. Establishing tack room chic in Pony & Plume’s rarefied bar setting, coupled with service excellence and an innovative beverage programme, it was awarded Best New Bar in Macau and Bar – Best Design in Macau Award.

A Commitment to Excellence

Honouring the finest hotels, restaurants and bars across Hong Kong and Macau, the Tatler Best Hong Kong & Macau Awards are widely regarded as one of the region’s most influential lifestyle accolades, recognising excellence through rigorous evaluation by a panel of tastemakers, hospitality leaders and industry experts.

These honours reflect Galaxy Macau’s continued commitment to excellence, innovation and quality across every facet of its luxury resort offering. As a destination that seamlessly unites unparalleled hospitality, award-winning dining, world-class entertainment and lifestyle experiences, Galaxy Macau remains dedicated to elevating Macau’s global profile as a premier destination and UNESCO Creative City of Gastronomy—anchored by its “World Class, Asian Heart” service philosophy.

For more information about Galaxy Macau, please visit www.galaxymacau.com.

Hashtag: #GalaxyMacau

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

ABOUT GALAXY MACAU INTEGRATED RESORT

Galaxy Macau, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Nine award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel, Hotel Okura Macau, JW Marriott at Galaxy Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau, and Capella at Galaxy Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies.

Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world’s most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests’ service, and be invited to exclusive luxury brand events. A different caliber of privileges and rewards also await. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game.

Galaxy Cinemas takes immersive movie experiences to the next level with the latest audio-visual technology, ultra-luxurious facilities and bespoke services; CHINA ROUGE, one-of-a-kind cabaret lounge that evokes the glamor of Shanghai’s golden era with stylish entertainment and customizable surrounds; and Foot Hub, which presents the traditional art of reflexology for authentic relaxation and revitalization. For Authentic Macau Flavours and Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events.

Meeting, incentive and banquet groups are also catered to with a portfolio of unique venues in Galaxy Macau and an expert service team. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meters of total flexible MICE, and the 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit www.galaxymacau.com,www.broadwaymacau.com.mo and www.galaxyicc.com.

• Innomotics wins several orders to provide motor and drive technology for eLNG projects, totaling a volume in the higher double-digit million EUR range
• Innomotics advances electrification of LNG production with eLNG solutions based on electric drive systems
• Significant operational, environmental, and financial benefits compared to conventional turbine-based LNG plants
• Enables decarbonization and supports global transition to sustainable energy systems

NUREMBERG, GERMANY – Newsaktuell – 11 May 2026 – Innomotics, a globally leading supplier of electric motor and large drive systems, has won several major orders for electrified LNG projects in Europe, Canada, Middle East and Australia. The total volume for all orders is in the higher double-digit million EUR range.

Innomotics is driving the transformation of LNG production with its innovative eLNG solutions. By replacing conventional gas turbine-based liquefaction processes with electrified drive systems, LNG operators can significantly increase efficiency, reduce emissions, and lower operating costs.

As global demand for cleaner energy continues to grow, LNG remains a key component of the energy mix. However, traditional LNG production is energy-intensive and associated with high greenhouse gas emissions. eLNG addresses these challenges by using electricity – including renewable energy sources such as wind, solar, and hydropower – to liquefy natural gas, enabling a more sustainable and efficient production process.

The electrification of LNG plants is a key step in reducing reliance on fossil fuels and achieving decarbonization targets. Electric drive systems from Innomotics offer system efficiencies of up to 95%, significantly exceeding the performance of conventional gas turbines. At the same time, operators benefit from reduced maintenance requirements, with systems capable of running up to five years without scheduled shutdowns, and increased plant availability of up to 99.9%.

By integrating high-voltage motors and variable speed drives across the entire LNG value chain – from compression and refrigeration to storage and gas treatment – Innomotics enables a fully electrified production process. When powered by renewable energy, eLNG solutions can eliminate direct CO₂ emissions and reduce annual emissions by up to 500,000 tons, supporting operators in meeting regulatory requirements and sustainability goals.

“Electrification is the foundation for a sustainable future of LNG production. With our eLNG solutions, we enable operators to significantly improve efficiency, reduce emissions, and enhance reliability across the entire process. This not only strengthens competitiveness but also accelerates the transition towards net-zero operations,” says Michael Reichle, CEO of Innomotics.

He adds, “Operators are under increasing pressure to balance sustainability with profitability. Our electric drive systems deliver a compelling business case by lowering lifecycle costs, minimizing downtime, and ensuring maximum operational performance in demanding LNG environments.”

Recently awarded eLNG Projects

Pioneering eLNG success for Hammerfest in Norway:

Hammerfest is home to the world’s first all-electric LNG plant, operational since 2007. Equipped with two 65 MW refrigeration compressor drives, the facility has achieved over 15 years of successful operation with minimal maintenance and an exceptional availability rate of 99.88%. This project set a new standard for reliability and efficiency in the LNG sector, proving the long-term value of electric drive systems in demanding environments

Innovative floating LNG project in Canada:

This project represents the world’s first floating all-electric LNG facility. With four complete drive train systems of 35 MW each powering the main refrigeration compressors, the plant is designed to export three million tons of eLNG per year. The project demonstrates the scalability and flexibility of Innomotics technology, delivering high performance and low emissions in a unique offshore setting

Setting the global benchmark for an LNG plant in Qatar:

This LNG plant features multiple 60 MW and 45 MW trains, each with three refrigeration compressors. As the world’s LNG market leader, Qatar relies on Innomotics systems to deliver maximum availability and operational excellence. This large-scale deployment showcases our ability to support complex, high-capacity facilities with proven reliability and efficiency.

Lowest emissions through renewables at an LNG project in Canada:

The LNG plant is powered by renewable hydropower and features 50 MW LCI eLNG trains. The facility is designed to produce 2.1 million tons of LNG per year with the lowest emissions in the global LNG export industry. This reference highlights the environmental benefits of integrating electric drive technology with renewable energy sources.

Driving sustainability with carbon capture at a CCUS LNG project in Australia:

This project utilizes multiple medium voltage motors and drive systems totalling 297 MW for LNG production, combined with a carbon capture project. This installation demonstrates the compatibility of Innomotics solutions with advanced sustainability initiatives, enabling operators to reduce their carbon footprint while maintaining process efficiency

Additional eLNG materials:
Whitepaper on eLNG
Expert Video concerning electrified LNG
Reference projects and success stories
3D visualization in our virtual world: Innomotics Electrosphere

For more information, visit https://www.innomotics.com/hub/en/applications/electrified-lng

Follow us on LinkedIn: www.linkedin.com/company/innomotics

Hashtag: #Innomotics

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