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Sigenergy Unveils the Latest Energy Solutions at Malaysia's IGEM 2026

Sat, 10 Oct 2026 11:43:00 +0700

KUALA LUMPUR, Malaysia, Oct. 10, 2026 (GLOBE NEWSWIRE) -- Sigenergy is making its third appearance at the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM), showcasing its latest intelligent energy solutions and strengthening strategic partnerships across the Malaysian market.

A key highlight of the event is the keynote presentation, "Sigenergy: Innovating with AI, Powering the Future Together," which explores how AI-driven innovation is shaping the next generation of smart energy systems and supporting the transition toward a more sustainable energy future.

Sigenergy also marked an important milestone in its local ecosystem through MOU exchanges with strategic partners Milieu and YT Energy, a subsidiary of Yayasan Pahang, reinforcing collaboration to accelerate the adoption of advanced energy solutions in Malaysia.

At the exhibition, Sigenergy is showcasing solutions across residential, C&I and utility applications, including SigenStor Neo, SigenStack, and its Utility Solution featuring the Sigen PV 500H1 inverter and SigenTerra BESS, demonstrating its capabilities in delivering scalable, intelligent and reliable energy solutions for diverse applications.

About Sigenergy

Founded in 2022 and headquartered in Shanghai, Sigenergy (6656.HK) is a technology-driven company focused on innovation in the new energy sector. Leveraging advanced digital intelligence and a highly skilled talent base, the company has expanded across photovoltaic(PV)generation, smart energy storage and high-efficiency electric vehicle (EV) charging solutions.

Guided by its "AI in All" strategy, Sigenergy integrates artificial intelligence across its product ecosystem to deliver safer, smarter and more efficient energy solutions for households and businesses worldwide.

Iveco Group welcomes the increase of the offer price of the voluntary totalitarian tender offer for all its common shares launched by TML CV Holdings B.V.

Sat, 10 Oct 2026 11:37:00 +0700

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

Turin, 9th October 2026. With reference to the voluntary totalitarian tender offer (the "Offer") promoted by TML CV Holdings Pte. Ltd., through the wholly-owned company TML CV Holdings B.V. (the "Offeror"), under Articles 102 et seq. of CFA (as defined in the Offer Document), for all the common shares of Iveco Group N.V. ("IVG" or the "Issuer") (the "Common Shares"), IVG has taken note of the increase of the price of the Offer, as announced today by the Offeror in its press release pursuant to Articles 36 and 43 of the Issuer's Regulation (as defined in the Offer Document), from Euro 14.10 (cum dividend) to Euro 14.40 (cum dividend) for each Common Share tendered to the Offer, providing for a cash increase of Euro 0.30 for each Common Share.

Iveco Group welcomes the increase in the Offer Price. The Offer is supported by the Board of Directors of IVG, that recommended it for acceptance by the Company's shareholders, and recommended them to vote in favour of the resolutions relating to the Offer at the extraordinary general meeting convened on Friday 16 October 2026.

Capitalised terms used in this press release, unless otherwise defined, shall have the meanings ascribed to them in the Offer Document. For any information regarding the Offer, reference is made to the Offer Document and the relevant press releases on the Offer, which are published by the Offeror in accordance with the procedures prescribed by applicable laws and regulations. The press releases and documents relating to the Offer are available, inter alia, on the website of the Issuer at www.ivecogroup.com.

* * *

IMPORTANT NOTICE

THE DISSEMINATION, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE IS PROHIBITED IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE APPLICABLE LAWS OR REGULATIONS OF THAT JURISDICTION

This press release or the information contained herein will not be disseminated, published or distributed in Canada, Japan and Australia, nor in any other country other than Italy and the United States of America in which the Offer is not permitted in the absence of the authorization of the competent authorities or would be in breach of laws or regulations (such countries, including Canada, Japan and Australia, jointly, the "Other Countries").

This press release, the information contained herein and any portion thereof may not be sent, transmitted or distributed, directly or indirectly, in or into the Other Countries. Any person receiving this press release or the information contained herein must not send, transmit or distribute it, in whole or in part, in or into the Other Countries.

Iveco Group N.V. (EXM: IVG) is a global player in the automotive industry, built on a strong Italian heritage and with a consolidated international reach. The Group channels decades of engineering excellence and innovation into sustainable mobility and customer driven technologies. Its five brands play a leading role in their respective domains: IVECO, a pioneering commercial vehicles brand offering heavy, medium and light duty trucks; FPT, a global leader in advanced powertrain technologies in the agriculture, construction, marine, power generation and commercial vehicles sectors; IVECO BUS and HEULIEZ, renowned for their mass transit, premium bus and coach solutions; and IVECO CAPITAL, the Group's financing arm supporting them all. Iveco Group employs 33,000 people and operates 16 industrial sites and 22 R&D centres. Further information is available at www.ivecogroup.com

Media Contacts:

Francesco Polsinelli, Tel: +39 335 1776091

Fabio Lepore, Tel: +39 335 7469007

E-mail: mediarelations@ivecogroup.com

Investor Relations:

Federico Donati, Tel: +39 011 0073539

E-mail: investor.relations@ivecogroup.com

YYForce Memperluas Cakupan 24iFM dengan Marketplace Layanan dan Periklanan Lifestyle

Sat, 10 Oct 2026 11:31:00 +0700

*Tonggak Pencapaian Strategis: Ekspansi komersial 24iFM mengintegrasikan pengelolaan properti, layanan rumah tangga sesuai permintaan, dan promosi merchant gaya hidup ke dalam satu platform digital.

*Pertumbuhan Digital Regional: Laporan e-Conomy SEA 2025 yang diterbitkan oleh Google, Temasek, dan Bain & Company memproyeksikan bahwa ekonomi digital Asia Tenggara akan melampaui nilai transaksi bruto sebesar US$300 miliar pada tahun 2025.

*Jalur Komersial: Komisi transaksi, biaya layanan, serta pendapatan dari periklanan dan promosi merchant berpotensi menjadi sumber pendapatan digital baru di samping kegiatan operasional IFM YYForce yang telah berjalan.

SINGAPURA, Oct. 09, 2026 (GLOBE NEWSWIRE) -- YYForce Inc. (NASDAQ: YFOR) ("YYForce" atau "Perusahaan"), penyedia platform pengelolaan tenaga kerja berkemampuan AI dan pengelolaan fasilitas terpadu ("IFM") yang beroperasi di Asia dan berbagai wilayah lainnya, hari ini mengumumkan ekspansi komersial 24iFM melalui fitur Marketplace Layanan dan periklanan Lifestyle ("Ekspansi"). Ekspansi ini mengintegrasikan administrasi pengelolaan properti, layanan rumah tangga sesuai permintaan, serta promosi merchant ke dalam satu platform digital.

Ekspansi ini membuka peluang terciptanya dua sumber pendapatan digital baru di samping kegiatan usaha IFM YYForce yang telah berjalan. Kedua sumber tersebut mencakup komisi atau biaya layanan dari transaksi marketplace yang telah selesai dan memenuhi persyaratan, serta pendapatan dari pemasangan iklan dan promosi oleh merchant yang berpartisipasi. Perolehan pendapatan akan bergantung pada tingkat adopsi pengguna, jumlah transaksi yang berhasil diselesaikan, serta perjanjian komersial dengan penyedia layanan dan merchant.

Dari Pengelolaan Fasilitas Menjadi Marketplace Layanan Digital

24iFM mengintegrasikan berbagai fungsi yang sebelumnya dijalankan melalui sistem terpisah. Platform ini mengintegrasikan berbagai fungsi pengelolaan properti dan fasilitas sehari-hari, termasuk pemesanan fasilitas, pendaftaran pengunjung, formulir digital, pembayaran, serta komunikasi terkait pengelolaan properti. Integrasi ini juga mencakup marketplace yang terus berkembang untuk menyediakan berbagai layanan terkait rumah tangga dan properti.

Melalui Marketplace Layanan 24iFM, pengguna dapat menemukan dan memesan layanan dari penyedia layanan yang berpartisipasi. YYForce memperkirakan akan turut serta dalam aktivitas layanan yang memenuhi persyaratan melalui platform ini dengan mengenakan komisi atau biaya layanan, sesuai dengan kesepakatan komersial yang berlaku.

Lifestyle Menghadirkan Saluran Periklanan Digital

Selain Marketplace Layanan, YYForce juga memperluas fitur Lifestyle pada platform 24iFM untuk menghubungkan pengguna dengan merchant dan penyedia layanan yang berpartisipasi. Fitur ini mencakup berbagai kategori, seperti kebugaran, pendidikan, kecantikan, kesehatan, layanan hewan peliharaan, olahraga, serta segmen gaya hidup lainnya.

Fitur Lifestyle ini dirancang untuk membuka peluang sumber pendapatan tambahan melalui periklanan. Produk periklanan yang berpotensi ditawarkan meliputi penempatan merchant di posisi unggulan, penempatan bersponsor pada kategori tertentu, kampanye promosi, serta berbagai bentuk promosi berbayar lainnya untuk meningkatkan visibilitas di platform digital.

Dua Saluran Monetisasi dalam Satu Ekosistem Digital

Ekspansi komersial 24iFM menghadirkan arsitektur pendapatan digital yang melengkapi, di samping kegiatan operasional pengelolaan fasilitas YYForce yang telah berjalan. Marketplace Layanan dirancang untuk mendukung perolehan pendapatan dari komisi berbasis transaksi atau biaya layanan. Sementara itu, fitur Lifestyle dirancang untuk mendukung perolehan pendapatan dari periklanan dan promosi merchant yang berpartisipasi.

Kedua fitur ini bertujuan untuk meningkatkan potensi ekonomi dari hubungan bisnis YYForce di sektor properti dengan membuka peluang kegiatan komersial digital di komunitas yang dilayaninya.

"24iFM memperluas cakupan hubungan bisnis kami di sektor properti, tidak lagi terbatas pada pengelolaan fasilitas konvensional," ujar Mike Fu, Chairman dan Chief Executive Officer YYForce. "Melalui satu platform digital, kami menghubungkan pengguna properti dengan penyedia layanan dan merchant. Dengan memanfaatkan jaringan operasional IFM yang sudah ada, kami membuka peluang sumber pendapatan tambahan dari transaksi dan periklanan. Dengan meningkatnya adopsi pengguna, kami juga menargetkan peningkatan jumlah interaksi komersial yang dapat berlangsung melalui ekosistem 24iFM."

Kondisi Pasar di Singapura dan Asia Tenggara

Singapura menjadi pasar awal bagi layanan digital yang terhubung dengan properti. Menurut data Departemen Statistik Singapura, Singapura memiliki 381.996 unit kondominium dan apartemen lainnya per Juni 2026. Jumlah hunian tersebut memberikan gambaran mengenai jenis komunitas perumahan yang menjadi sasaran layanan 24iFM. Namun, angka tersebut tidak mencerminkan jumlah rumah tangga atau pelanggan yang telah terdaftar di platform Perusahaan.

Ekspansi 24iFM dilakukan di tengah meningkatnya penggunaan layanan digital di kawasan Asia Tenggara. Menurut laporan e-Conomy SEA 2025 yang diterbitkan oleh Google, Temasek, dan Bain & Company, nilai transaksi bruto ekonomi digital Asia Tenggara diproyeksikan melampaui US$300 miliar pada tahun 2025. Angka tersebut memberikan gambaran mengenai kondisi pasar perdagangan digital secara lebih luas di kawasan Asia Tenggara. Namun, angka ini bukan merupakan estimasi potensi pasar yang dapat dijangkau oleh 24iFM maupun proyeksi pendapatannya.

Cakupan komersial 24iFM bertumpu pada ekosistemnya yang terhubung dengan properti. Potensi monetisasi platform ini akan bergantung pada tingkat adopsi di komunitas hunian dan komersial yang berpartisipasi, serta frekuensi pemesanan layanan yang berhasil diselesaikan. Faktor lainnya mencakup kesepakatan komersial dengan penyedia layanan dan tingkat permintaan terhadap promosi merchant berbayar.

Meningkatkan Skala Ekosistem 24iFM

YYForce berencana memperluas secara bertahap jumlah penyedia layanan dan merchant yang berpartisipasi, serta ragam kategori layanan dan penawaran komersial yang tersedia melalui 24iFM. Perluasan ini akan dilakukan berdasarkan permintaan pasar dan tingkat adopsi platform.

Dengan bertambahnya jumlah properti, pengguna, penyedia layanan, dan merchant yang berpartisipasi dalam ekosistem ini, 24iFM dirancang untuk mendukung peningkatan ragam interaksi. Setiap peluang komersial baru pun dapat diwujudkan tanpa harus melalui kontrak pengelolaan fasilitas tersendiri.

Komersialisasi 24iFM merupakan bagian dari strategi YYForce yang lebih luas untuk memadukan kehadiran operasionalnya dengan teknologi, otomatisasi, dan platform digital. Dalam ekosistem ini, 24iFM dimaksudkan berperan sebagai lapisan interaksi digital yang menghubungkan operasional pengelolaan fasilitas dengan layanan sehari-hari dan kegiatan komersial.

Sumber Data Pasar

Departemen Statistik Singapura, Hunian Tempat Tinggal, Tahunan. Data per akhir Juni 2026.

Google, Temasek dan Bain & Company, e-Conomy SEA 2025. Angka-angka tersebut merupakan proyeksi yang dipublikasikan pada 11 November 2025.

Tentang YYForce Inc.

YYForce Inc. (Nasdaq: YFOR) adalah penyedia layanan pengelolaan tenaga kerja berkemampuan AI dan pengelolaan fasilitas terintegrasi, yang berkantor pusat di Singapura serta beroperasi di Asia dan wilayah lainnya. Platform solusi tenaga kerja cerdas milik Perusahaan, YY Circle, membantu klien di sektor perhotelan, makanan dan minuman, ritel, serta sektor jasa lainnya untuk memprediksi, merencanakan, dan mengoptimalkan penempatan tenaga kerja. Dalam bisnis IFM YYForce, platform perangkat lunak 24iFM dan portofolio komprehensif anak perusahaan yang bergerak di bidang IFM mendukung klien di sektor perhotelan, transportasi, perbankan, ritel, serta fasilitas multifungsi.

Dengan semakin berkembangnya kedua lini bisnis tersebut, Perusahaan secara sistematis mengintegrasikan kemampuan AI dan otomatisasi, mulai dari dukungan pengambilan keputusan cerdas hingga pengelolaan tenaga kerja yang semakin otonom. Langkah ini bertujuan untuk meningkatkan kualitas layanan, mengurangi biaya penempatan tenaga kerja, dan mendorong peningkatan margin dalam jangka panjang. Sebagai perusahaan yang tercatat di Nasdaq Capital Market, YYForce berkomitmen terhadap inovasi infrastruktur, pencapaian hasil yang terukur bagi klien, serta penciptaan nilai jangka panjang.

Pernyataan Berwawasan ke Depan

Siaran pers ini memuat pernyataan berwawasan ke depan sebagaimana dimaksud dalam Pasal 27A Undang-Undang Sekuritas AS Tahun 1933, sebagaimana telah diubah, dan Pasal 21E Undang-Undang Perdagangan Sekuritas AS Tahun 1934, sebagaimana telah diubah. Perusahaan menyusun pernyataan berwawasan ke depan ini berdasarkan ekspektasi dan proyeksinya terhadap peristiwa di masa mendatang, dengan mengacu pada informasi yang tersedia bagi Perusahaan saat ini.

Anda dapat mengidentifikasi pernyataan berwawasan ke depan dari sifatnya yang tidak berkaitan dengan peristiwa historis, terutama pernyataan yang menggunakan istilah seperti "mungkin," "seharusnya," "mengharapkan," "mengantisipasi," "mempertimbangkan," "memperkirakan," "meyakini," "merencanakan," "diproyeksikan," "memprediksi," "potensial," atau "berharap" maupun bentuk negatif dari istilah-istilah tersebut atau istilah serupa. Pernyataan berwawasan ke depan mencakup pernyataan mengenai pengembangan, adopsi, komersialisasi, monetisasi, dan ekspansi 24iFM serta fitur Marketplace Layanan dan Lifestyle yang diharapkan oleh Perusahaan.

Pernyataan tersebut mengandung risiko dan ketidakpastian, serta peristiwa dan hasil sebenarnya dapat berbeda secara signifikan. Faktor-faktor yang dapat menyebabkan hasil sebenarnya berbeda secara signifikan termasuk, tetapi tidak terbatas pada, kemampuan Perusahaan untuk menarik dan mempertahankan pengguna, penyedia layanan, dan merchant di platform 24iFM, serta kecepatan dan tingkat adopsi pasar, ketergantungan pada penyedia layanan pihak ketiga dan kesepakatan komersial, perkembangan regulasi di pasar tempat Perusahaan beroperasi, kondisi persaingan, serta kemampuan Perusahaan dalam menjalankan strategi pertumbuhan dan monetisasinya. Untuk pembahasan lebih terperinci mengenai faktor-faktor risiko, silakan merujuk pada dokumen yang diserahkan Perusahaan kepada Komisi Sekuritas dan Bursa AS (SEC), termasuk bagian "Faktor Risiko" dalam laporan tahunan terbaru Perusahaan pada Formulir 20-F, sebagaimana telah diubah. Perusahaan tidak berkewajiban untuk memperbarui atau merevisi pernyataan berwawasan ke depan apa pun untuk publik, baik karena adanya informasi baru, peristiwa di masa mendatang, maupun alasan lainnya, kecuali jika diwajibkan oleh hukum.

VCI Global Clarifies Structure of US$125 Million Standby Equity Purchase Facility, Emphasizes Flexible Capital Strategy

Sat, 10 Oct 2026 11:26:00 +0700

KUALA LUMPUR, Malaysia, Oct. 09, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) ("VCI Global" or the "Company") today provided clarification regarding its recent Form D filing with the U.S. Securities and Exchange Commission (SEC) in connection with its US$125 million standby Equity Purchase Agreement (EPA) with Hudson Global Ventures, LLC.

The Company clarified that the agreement establishes a standby equity purchase facility, commonly referred to as an equity line of credit (ELOC). The facility provides VCI Global with the option to access capital over a 36-month period, subject to the terms and conditions of the agreement. The US$125 million represents the facility's stated maximum size and does not constitute an immediate issuance or sale of US$125 million in ordinary shares.

As of the date of this announcement, VCI Global has not drawn any funds under the facility, and no ordinary shares have been issued pursuant to the agreement.

Flexible Capital Access at the Company's Discretion

The facility is intended to provide VCI Global with an additional source of potential capital as it advances its business priorities. Rather than requiring the Company to raise the entire amount upfront, the arrangement allows it to evaluate potential drawdowns based on its capital requirements, business opportunities and prevailing market conditions, subject to the agreement's terms.

Key features of the facility include:

No utilization to date: No funds have been drawn and no ordinary shares have been issued under the facility as of October 9, 2026.

Flexible drawdown structure: The Company may elect whether and when to seek funding, and the amount requested, subject to the agreement's terms and applicable requirements.

36-month availability period: The facility provides a potential source of capital over the agreement's stated term, offering flexibility in planning future funding needs.

Capital deployment aligned with growth priorities: Any proceeds raised may be allocated to eligible business initiatives based on the Company's strategic priorities and capital requirements.

Any future drawdowns and associated share issuances would depend on the terms of the agreement, applicable regulatory requirements and relevant market conditions. The facility does not eliminate the possibility of dilution if ordinary shares are issued in connection with future drawdowns.

Potential Funding to Support AI Infrastructure and Renewable Energy

If the facility is utilized, VCI Global expects to consider allocating proceeds toward its key growth areas, particularly AI infrastructure and platforms, as well as renewable energy projects.

AI Infrastructure and Platforms

The Company intends to continue advancing its AI-related initiatives, including high-performance computing infrastructure, AI platforms and large language model (LLM) deployment capabilities through its VGAIN and Galatron AI ecosystems. Potential investments may support infrastructure expansion, platform development and the broader deployment of AI-related services.

Renewable Energy

The Company is also pursuing opportunities in renewable energy generation and sustainable power infrastructure. These initiatives align with the growing importance of reliable and sustainable energy supply in supporting energy-intensive industries, including AI computing and data center operations.

The allocation of any proceeds will depend on the Company's evolving business needs, the availability of suitable investment opportunities and management's assessment of the expected strategic value of each initiative.

"We believe this structure allows us to evaluate potential capital needs and deployment opportunities over time, with drawdown decisions guided by our business priorities, market conditions and the terms of the agreement. We remain focused on taking a disciplined approach to capital allocation as we pursue our longer-term growth objectives," said Victor Hoo, Group Chief Executive Officer and Executive Chairman of VCI Global.

About VCI Global Limited

VCI Global Limited (NASDAQ: VCIG) is an AI-native operating platform designed to scale and optimize businesses through centralized intelligence, data, and capital discipline.

The Company operates a platform-based model in which subsidiaries, affiliates, and portfolio companies plug into VCI Global's centralized AI, data, governance, and capital allocation systems, enabling faster execution, improved capital efficiency, and scalable growth across multiple industries.

VCI Global's platform centralizes AI-enabled execution, standardized KPI frameworks, financial and governance controls, and strategic capital allocation, while operating businesses focus on revenue generation, customer relationships, and local execution.

The Company maintains exposure across advisory, AI, and digital infrastructure, digital assets, energy, automotive, and consumer sectors, and continuously evaluates opportunities to scale, spin off, divest, or discontinue businesses based on performance, scalability, and return on capital.

VCI Global's platform-centric approach is designed to enhance productivity, improve IPO readiness, and unlock long-term value through disciplined growth and selective capital deployment.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions.

Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements.

Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company's products and the Company's customers' economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission ("SEC").

The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

LANDMARK Launches 'Destination CENTRAL': A District-Wide Invitation to Explore the Dynamism, Luxury, and Soul of Central

Sat, 10 Oct 2026 11:08:00 +0700

Guided by the Central Passport, LANDMARK invites visitors to experience Central anew - from Louis Vuitton's global spectacle to cultural, dining and seasonal celebrations.

HONG KONG SAR - Media OutReach Newswire - 9 October 2026 - LANDMARK today unveils Destination CENTRAL, inviting local residents and international visitors to rediscover the many sides of Central through the collectible Central Passport. The programme celebrates the district's long-standing role as Hong Kong's gateway for arrival, exchange and discovery.

Inspired by the spirit of travel, Destination CENTRAL connects experiences across Central, bringing together travel-inspired activations in partnership with Hong Kong Tramways and Asia Miles; district-wide dining privileges; a global spectacle by Louis Vuitton; and THE CHATER, an exclusive dining concept presented by LANDMARK.

Your Passport to Central

Created by LANDMARK, the luggage-inspired Central Passport is a collectible guide bringing together experiences both within LANDMARK and across the wider district into a seamless journey. Inside, a curated map is paired with personal stories and recommendations from people who know Central closely-from tram motormen, singers and public figures to athletes, celebrated chefs and bar founders-inviting visitors to uncover the area's hidden character.

Available from collection points across the district, the Central Passport can be personalised with stamps from eight designated locations. Visitors who collect any three stamps can visit the Destination CENTRAL Redemption Counter on 2/F, LANDMARK ATRIUM to enter a lucky draw and unlock a surprise gift. Lucky winners stand a chance to receive up to 66,000 Asia Miles-equivalent to a round-trip business-class flight to Japan-alongside photobooth experiences, limited-edition keepsakes and dining vouchers. The Central Passport also includes exclusive dining privileges from more than 40 participating partners, including Lan Kwai Fong and The Murray.

Louis Vuitton at LANDMARK

Following iconic presentations on the Champs-?lys?es in Paris, 57th Street in New York and 'The Louis' in Shanghai, Louis Vuitton brings the latest chapter of its global series to Hong Kong. Unveiling soon, the Maison will present a monumental mega-art installation at LANDMARK, reimagining its enduring "Spirit of Travel". Complemented by the pop-up store currently at LANDMARK ATRIUM and the upcoming dedicated Basement Brand Exhibition , the experience offers a captivating glimpse into the world of Louis Vuitton-setting the stage for the highly anticipated Louis Vuitton Maison at LANDMARK.

Transit Through Central's Changing Landscape

The travel narrative continues with the LANDMARK Tram Station and Heritage Route, created in partnership with Hong Kong Tramways. Together, they offer an interactive look at Central's transport heritage and evolving urban landscape-from its early harbourfront and trading past to today's connected city centre. The LANDMARK Tram Station recreates one of the city's first-generation trams, fitted with authentic archive pieces from Hong Kong Tramways, including a traditional ticket punch, a coin box, driving console and "Dick, Kerr" controller.

A First Class Stop for Dining and Views

Taking the travel theme into hospitality, LANDMARK presents THE CHATER, an exclusive dining concept opening on 6 October, featuring an all-day menu curated by Mandarin Oriental, Hong Kong. Inspired by the elegance and anticipation of a grand station lounge, the new venue brings together Hong Kong and international flavours, with highlights including bubble tea and gourmet quick bites, alongside Pierre Herm? macarons and gelato set to be launched later in the season.

The experience will extend to Platform 1889 on 3/F, a first-class railway carriage-inspired feature within THE CHATER's terrace. Named for the year Sir Paul Chater co-founded Hongkong Land, Platform 1889 pays tribute to a defining moment in Central's history while offering a prime view of Louis Vuitton's monumental mega-art installation and the Central skyline.

Halloween Takes Over Central

From 17 to 31 October, Hongkong Land, supported by the Hong Kong Tourism Board and district partners, presents Halloween in Central-a heritage-led celebration that transforms Central's iconic streetscape into a citywide Halloween playground.

At Statue Square Gardens, South, four large-scale installations set a striking scene: I Am Watching You, a giant eyeball rising over the fountain; The Awakening, a monumental gateway; the photo-ready Coffin Throne; and The Jail, a haunted reimagining of the pavilion.

On Chater Road, the programme begins with Boo-st Your Mood - Pickleball Day in partnership with Pick & Match on 17 October, a wellness-focused afternoon of active fun. This is followed by OPEN by HE.R - Halloween in Central Kick-Off Party on 18 October, bringing live music and high-energy celebrations to the street. Monster Mash Fest - Family Day arrives on 24 October with costumes, face painting, themed bouncy-castle sessions, performances and Halloween treats, before Halloween Day Unleashed closes the programme on 31 October, featuring cosplay, roving characters, themed performances and late-night festivities. Full details are available at https://www.halloweenincentral.com/

"As a key stakeholder deeply rooted in Central, Hongkong Land is delighted to bring Destination CENTRAL to life alongside our district partners, inviting the public to discover the extraordinary charm of Central anew," said Olivia Luk, General Manager, Marketing, Hong Kong Central, Hongkong Land Limited. "Together with a rich programme of dining privileges and seasonal celebrations, we hope everyone-from daily office workers and local residents to visitors-can shape their own memorable story of Central."

Exclusive Rewards and Privileges

Destination CENTRAL brings added benefits to every qualifying LANDMARK visit with HSBC-exclusive offers for BESPOKE members. From 28 September to 18 November 2026, eligible BESPOKE members paying with an HSBC Prive Mastercard or HSBC Premier Mastercard can receive up to HK$3,000 in BESPOKE Bonus Reward Vouchers, up to 135,000 Bonus BESPOKE Points, and Complimentary Beverage Passes to Platform 1889 at THE CHATER upon registration of cumulative same-day eligible spending.

Terms and conditions apply. For full programme and promotional details, including specific Central Passport mechanisms, please visit https://destinationcentral.hk.

@landmarkhk #LANDMARKHK #DestinationCENTRAL

APPENDIX

Please visit the Destination CENTRAL website at https://destinationcentral.hk for the latest programme details, terms and conditions.

Central Passport Collection & Reward Details (28 September - 18 November 2026)

Collection Points

Stamp Station Checkpoints

Over 20 Collection Points across Central, including:

Destination CENTRAL Stamping Stations
Destination CENTRAL Redemption Counter (2/F, LANDMARK ATRIUM)
Destination CENTRAL Photobooth (3/F, LANDMARK ATRIUM)
LANDMARK Concierges
Hongkong Land Office Lobby Concierges
The Plaza LKF Lobby (21 D'Aguilar Street, Central)
HSBC Main Building (LG/F, 1 Queen's Road Central - Until 7 October)

Please refer to the website for the complete list of collection points.

Eight Designated Checkpoints Across Central

Louis Vuitton Pop-up Store (G/F, LANDMARK ATRIUM - Until 29 October)
Central MTR Exit (B/F, Near LANDMARK)
The LANDMARK Tram Station (West Bridge, 2/F LANDMARK ATRIUM)
THE CHATER (2/F, LANDMARK CHATER)
BaseHall 01 (LG/F, Jardine House)
Frenchies (1/F, LANDMARK PRINCE'S)
HSBC Main Building (LG/F, 1 Queen's Road Central ? Until 7 October)
The Plaza LKF Lobby (21 D'Aguilar Street, Central)

Other Destination CENTRAL Activities At A Glance

Experiences & Highlights	Dates	Locations
Inside LANDMARK
Destination CENTRAL Redemption Counter	28 September 2026 - 28 February 2027	2/F LANDMARK ATRIUM
The LANDMARK Tram Station & The Heritage Route	28 September 2026 - 18 November 2026	West Bridge, 2/F LANDMARK ATRIUM
Destination CENTRAL Photo Booth	28 September 2026 - 28 February 2027	3/F Edinburgh Tower
THE CHATER	From 6 October onwards	2/F LANDMARK CHATER
Platform 1889	Late October	2/F LANDMARK CHATER
Louis Vuitton At LANDMARK
Louis Vuitton Pop-up Store	11 September - 29 October	G/F LANDMARK ATRIUM
Louis Vuitton Mega Art Installation	Late October	G/F LANDMARK ATRIUM
Louis Vuitton Basement Exhibition	Late October	B/F LANDMARK ATRIUM
Halloween In Central
Central Halloween Takeover	17 October - 31 October	Statue Square Gardens, South
Boo-st Your Mood - Pickleball Day	17 October 2:00pm - 6:00pm	Chater Road
OPEN By HE.R- Halloween In Central Kick-off Party	18 October 3:00pm - 10:00pm	Chater Road
Monster Mash Fest - Family Day	24 October 12:00pm - 9:00pm	Chater Road
Halloween Night Unleashed	31 October - 1 November 2:00pm - 1:00am	Chater Road

Destination CENTRAL Redemption Gifts

66,000 Asia Miles-equivalent to one Cathay Pacific Business Class round-trip ticket to Japan*

26,000 Asia Miles-equivalent to one Cathay Pacific Economy Class round-trip ticket to Japan*

Destination CENTRAL Tram Plush Charm

Destination CENTRAL Magnet

Destination CENTRAL Photobooth Experience

Destination CENTRAL Mini Camera

Ami Signature Beef Sando

BaseHall HK$50 Gift Certificate

THE CHATER HK$50 Gift Certificate

*Based on Cathay Flight Awards ? Standard Awards as of 1 September 2026. Terms and conditions apply.

About LANDMARK

LANDMARK represents the epitome of top-tier luxury shopping and lifestyle experiences. Drawing from a rich heritage which began in 1904 ? LANDMARK today is the luxury shopping destination of Hongkong Land's Central portfolio including 4 iconic connected buildings, LANDMARK ATRIUM, LANDMARK ALEXANDRA, LANDMARK CHATER and LANDMARK PRINCE'S. LANDMARK offers approximately 208 of the finest stores and restaurants, all seamlessly linked by pedestrian bridges. From high fashion and accessories to watches and jewellery, from luxury living to beauty and grooming, from international cuisine to authentic gourmet dining, LANDMARK brings the ultimate shopping experience to the discerning customer.

About Hongkong Land

Hongkong Land is a major listed property investment, management and development group. The Group focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. Its mixed-use real estate footprint spans more than 850,000 sq. m., with flagship projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world's foremost companies and luxury brands. The Group's Hong Kong Central portfolio represents some 450,000 sq. m. of prime property.

The Group has a further 165,000 sq. m. of prestigious office space in Singapore mainly held through joint ventures and five retail centres on the Chinese mainland, including a luxury retail centre at Wangfujing in Beijing. In Shanghai, the Group owns a 43% interest in a 1.1 million sq. m. mixed-use project in West Bund, which is due to be completed in 2028. Hongkong Land Holdings Limited is incorporated in Bermuda and has a primary listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. Hongkong Land is a member of the Jardine Matheson Group.

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

Hashtags: #LANDMARKHK

*Teva Announces U.S. Food and Drug Administration (FDA) Approval of WELTRUZA (Olanzapine) For .....................

Sat, 10 Oct 2026 10:56:00 +0700

*Teva Announces U.S. Food and Drug Administration (FDA) Approval of WELTRUZA (Olanzapine) For Extended-Release Injectable Suspension, as the First and Only Once-Monthly Subcutaneous Injectable Olanzapine for Adults with Schizophrenia

WELTRUZA? (olanzapine) for extended-release injectable suspension is the first and only once-monthly subcutaneous long-acting injectable (LAI) formulation of olanzapine for the treatment of schizophrenia in adults with no loading doses, no oral supplementation and no post-injection monitoring required
The approval is based on results from the pivotal Phase 3 SOLARIS trial, which demonstrated overall symptom improvement, significant reduction in illness severity and improvement in personal and social functioning, with a systemic safety profile consistent with oral olanzapine1
As Teva drives forward its Pivot to Growth strategy, the company continues to deliver on its commitment to patient-centered innovation in neuroscience, including a differentiated long-acting injectable franchise

Teva will hold an investor call and live webcast on Friday, October 9, 2026, 8:00 a.m. ET

PARSIPPANY, N.J. and TEL AVIV, Israel, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced that the U.S. Food and Drug Administration (FDA) has approved WELTRUZA? (olanzapine) for extended-release injectable suspension, a new, once-monthly, subcutaneous long-acting injectable (LAI) for the treatment of schizophrenia in adults. WELTRUZA clinical trial results demonstrated improvement in symptoms (PANSS), significant reduction in illness severity (CGI-S), as well as improvement in personal and social functioning (PSP).1 In the coming weeks, WELTRUZA will be available in three different strengths (318 mg, 425 mg, 531 mg) with no loading doses, no oral supplementation and no post-injection monitoring required.1

A suite of downloadable multimedia assets is available here.

"WELTRUZA offers the proven efficacy of olanzapine in an innovative long-acting subcutaneous injectable, helping to fill a major, long-standing gap in the schizophrenia treatment landscape," said Chris Fox, Executive Vice President, U.S. Commercial and Head of Innovative Franchise at Teva. "WELTRUZA was developed with the patient in mind from day one and it is a powerful demonstration of what is possible when the needs of the patient guide the development of a truly innovative medicine. This important milestone also helps further Teva's Pivot to Growth strategy."

Olanzapine is the most widely prescribed atypical antipsychotic for schizophrenia as a daily oral treatment.2 However, it is well documented that daily options may make it difficult to sustain long-term symptom improvement due to challenges with adherence, increasing the risk for instability and relapse.1 WELTRUZA was developed to address this significant unmet need by offering the established efficacy of olanzapine in a once-monthly subcutaneous injectable formulation.1

"This approval reflects the strength of patient-centric innovation at Teva and what our R&D organization can deliver," said Eric Hughes, MD, PhD, Executive Vice President, Global R&D and Chief Medical Officer at Teva. "WELTRUZA combines proven science and novel formulation innovation to eliminate the need for monitoring after each injection, addressing a significant barrier to treatment and advancing care for people living with schizophrenia."

WELTRUZA will be available in once-monthly subcutaneous injectable doses of 318 mg, 425 mg and 531 mg that correspond to the approved daily dose range of oral olanzapine of 10 mg, 15 mg and 20 mg, respectively.1

"Olanzapine has been a trusted and foundational treatment option for people living with schizophrenia for more than 30 years, but adherence continues to be a major barrier to stability, particularly for those who rely on daily oral medications," said Christoph Correll, MD, Clinical Professor of Psychiatry at the Zucker School of Medicine at Hofstra/Northwell, Hempstead, NY. "By offering a subcutaneous long-acting injectable formulation with achievement of therapeutic blood levels without oral cotreatment, loading doses or booster injections, this new treatment option can help empower patients, support their care partners and provide clinicians with an important new tool to assist in managing this complex condition more effectively."

In the Phase 3 SOLARIS trial, all three doses of WELTRUZA were similarly tolerated, with the most common reported adverse events (AEs) inclusive of increased weight, somnolence, headache, constipation and injection site reactions.1 Weight gain and metabolic changes were observed and were consistent with the systemic safety profile of oral olanzapine, including clinically significant weight gain.1 Discontinuations of WELTRUZA due to common AEs were consistent with placebo at 5% and 4% of trial participants, respectively.1 Please refer to the Important Safety Information below for additional safety information.

An estimated 2.1 million people are currently diagnosed with schizophrenia in the U.S. It is a chronic, progressive and severely debilitating mental disorder that affects how one thinks, feels and behaves.3 Schizophrenia is a complex medical condition that may require switching from oral options or between long-acting injectable options during the treatment journey.

WELTRUZA utilizes SteadyTeq?, a copolymer technology proprietary to Medincell that provides a controlled steady, sustained release of olanzapine.

WELTRUZA will be available in the U.S. in the coming weeks.

The European Medicines Agency (EMA) accepted the Marketing Authorization Application (MAA) for olanzapine long-acting injectable (TEV-魅) for the treatment of schizophrenia in adults in May 2026. The EMA submission is supported by an extensive clinical development program, including the Phase 3 SOLARIS study. TEV-魅 is not approved by the EMA at this time.

Teva Investor Call
Teva will hold an investor call and live webcast tomorrow, Friday, October 9, 2026, at 8:00 a.m. ET/ 2:00 p.m. CET. To participate, please register in advance here. To access a live webcast of the presentation, visit Teva's Investor Relations website. An archived version of the webcast will be available 24 hours after the end of the live discussion.

APPROVED USE

WELTRUZA? (olanzapine) for extended-release injectable suspension is a prescription medicine used in adults for the treatment of schizophrenia.

IMPORTANT SAFETY INFORMATION

What is the most important information I should know about WELTRUZA?

WELTRUZA can cause serious side effects, including an increased risk of death in elderly people who have lost touch with reality (psychosis) due to confusion and memory loss (dementia). WELTRUZA is not for the treatment of people with dementia-related psychosis.

WELTRUZA may cause serious side effects, including:

Post-injection delirium/sedation syndrome (PDSS) is a serious problem that can happen when too much olanzapine enters the bloodstream too quickly. PDSS has happened in people who received another extended-release olanzapine medicine by injection into their muscles (intramuscularly). WELTRUZA is injected under the skin (subcutaneously). It is not known whether PDSS can happen with WELTRUZA. PDSS with an extended-release intramuscular injection has led to hospitalization, has happened within the first 3 hours of injection, but also happened after 3 hours of injection, and has the risk each time an injection is received. Tell your healthcare provider right away or go to the nearest emergency room if you get signs or symptoms of PDSS, including more sleepiness than usual, dizziness, confusion or disorientation, trouble walking or talking, stiff muscles or shakiness, weakness, feeling grouchy or angry, feeling anxious or nervous, increased blood pressure, seizures (convulsions), or passing out.
Strokes in elderly people (cerebral problems) that can lead to death.
Neuroleptic Malignant Syndrome (NMS). NMS is a serious condition that can lead to death. Seek medical attention right away if you have any of these symptoms: high fever, stiff muscles, confusion, changes in pulse, heart rate, or blood pressure, increased sweating.
Drug Reaction with Eosinophilia and Systemic Symptoms (DRESS). DRESS is an allergic reaction that can cause death that may affect your skin or other parts of your body including your liver, kidney, lungs, or heart. Contact your healthcare provider right away if you experience any signs or symptoms of DRESS, including fever, skin rash or blistering or peeling skin, swelling of face, glands, or other body parts, cough or trouble breathing, chest pain, yellowing of the skin or eyes, dark urine or changes in urination.
Problems with your metabolism that may include high blood sugar (hyperglycemia), diabetes mellitus, changes in the fat levels in your blood (dyslipidemia), and weight gain. Extremely high blood sugar can lead to coma or death. If you have diabetes or are at risk of diabetes (e.g., obesity, family history of diabetes), your healthcare provider should check your blood sugar before you start and during treatment with WELTRUZA. Call your healthcare provider if you have symptoms of high blood sugar, including feeling very thirsty, hungry, sick to your stomach, weak or tired, or confused; needing to urinate more than usual; or your breath smells fruity.
Uncontrolled facial or body movements (tardive dyskinesia) that may not go away, even if you stop receiving WELTRUZA. Tell your healthcare provider if you get any body movements that you cannot control.
Decreased blood pressure (orthostatic hypotension). You may feel dizzy or lightheaded, get a fast or slow heartbeat, or faint, when you rise too quickly from a sitting or lying position. Drinking alcohol and using other medicines that make you dizzy can increase your risk for orthostatic hypotension. Avoid drinking alcohol during treatment with WELTRUZA.
Falls. WELTRUZA may make you sleepy or dizzy, may cause a decrease in your blood pressure when changing position (orthostatic hypotension), and can slow your thinking and motor skills which may lead to falls that can cause fractures or other injuries.
Low white blood cell counts. Your healthcare provider may do white blood cell count tests during your first few months of treatment with WELTRUZA.
Difficulty swallowing that can cause food or liquid to get into your lungs.
Seizures (convulsions).
Sleepiness, drowsiness, feeling tired, difficulty thinking and doing normal activities. Do not drive, operate machinery, or do other dangerous activities until you know how WELTRUZA affects you.
Problems controlling your body temperature so that you feel too warm. Avoid getting overheated or dehydrated.
Certain side effects from the way WELTRUZA works in your body such as constipation, dry mouth, fast heartbeat, urinary retention, or prostate and bowel problems. Your risk is increased if you take other medicines that also cause these side effects.
Increased prolactin levels in your blood (hyperprolactinemia). WELTRUZA can cause a rise in the blood levels of a hormone called prolactin that may cause side effects including missed menstrual periods, a reversible reduction in fertility in females who are able to become pregnant, leakage of milk from the breasts, development of breasts in men, or problems with erection.

The most common side effects of olanzapine in patients with schizophrenia include weight gain, sleepiness, headache, and constipation. Injection site reactions, including hardness, pain, redness, itching, and swelling, were reported with WELTRUZA.

These are not all the possible side effects with WELTRUZA. Tell your healthcare provider if you have any side effect that does not go away. For more information, ask your healthcare provider or pharmacist.

Before receiving WELTRUZA, tell your healthcare provider about all of your medical conditions, including if you:

have or had diabetes or high blood sugar
have or had high levels of total cholesterol, LDL cholesterol, or triglycerides, or low HDL levels in your blood
have or had low or high blood pressure
have or had heart problems or stroke
are dehydrated
have or had a low white blood cell count
have or had seizures (convulsions)
have or had problems with urination or prostate problems
have Alzheimer's disease
have or had constipation or bowel obstruction
have or had breast cancer
are pregnant or plan to become pregnant. WELTRUZA may harm your unborn baby. Receiving WELTRUZA during your third trimester of pregnancy may cause your baby to have abnormal muscle movements or withdrawal symptoms such as agitation, stiffness or floppiness, tremors, sleepiness, and breathing or feeding problems after birth. Talk to your healthcare provider about the risks to your baby if you receive WELTRUZA during pregnancy.
- If you become pregnant during treatment with WELTRUZA, talk to your healthcare provider about registering with the National Pregnancy Registry for Atypical Antipsychotics. You can register by calling 1-866-961-2388 or go to http://womensmentalhealth.org/clinical-and-research-programs/pregnancyregistry/.
are breastfeeding or plan to breastfeed. WELTRUZA passes into breast milk. If you breastfeed during treatment with WELTRUZA, tell your healthcare provider if your baby is very sleepy, irritable, is feeding poorly, or gets tremors or abnormal muscle movements. Talk to your healthcare provider about the best way to feed your baby during treatment with WELTRUZA.

Tell your healthcare provider about all the medicines you take or plan to take, including prescription and over-the-counter medicines, vitamins, and herbal supplements. Especially tell your healthcare provider if you take: blood pressure medicines, levodopa or dopamine, or other olanzapine medicines. Your healthcare provider can tell you if it is safe to receive WELTRUZA with your other medicines.

Do not start or stop any medicines during treatment with WELTRUZA without talking to your healthcare provider first.

You are encouraged to report side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch, or call 1-800-FDA-1088.

For more information about WELTRUZA, see the full Prescribing Information, including Medication Guide and Boxed WARNING, or talk to your healthcare provider.

About Subcutaneous Olanzapine Extended-Release Injection Study (SOLARIS)
SOLARIS was an 8 week, multinational, multicenter, randomized, double-blind, parallel-group, placebo-controlled study to evaluate the efficacy, safety and tolerability of olanzapine extended-release injectable suspension for subcutaneous use as a treatment in patients (ages 18-64 years) with schizophrenia.1 For period one of the study (first 8 weeks), 675 patients were randomized to receive a subcutaneous injection of once-monthly olanzapine LAI (WELTRUZA) (low, medium or high dose) or placebo in a 1:1:1:1 ratio.1 For period two (next 48 weeks), patients who completed period one on placebo were re-randomized and equally allocated to one of the three olanzapine LAI (WELTRUZA) treatment groups, while patients who completed period one on active olanzapine LAI (WELTRUZA) remained on their established dose strength.1 The end-of-treatment and follow-up visits were 4 and 8 weeks after administration of the last treatment dose, respectively.1 The primary objective of the Phase 3 SOLARIS study was to evaluate the efficacy of olanzapine LAI (WELTRUZA) in adult patients with schizophrenia, as measured by PANSS.1 A key secondary objective was to further evaluate the efficacy of olanzapine LAI (WELTRUZA) based on additional parameters in adult patients with schizophrenia, as measured by CGI-S and PSP.1 A secondary objective of period two of the study was to evaluate the safety and tolerability of olanzapine LAI (WELTRUZA) in adult patients with schizophrenia.1

About Schizophrenia
Schizophrenia is a chronic, progressive and severely debilitating mental disorder that affects how one thinks, feels and acts.4 Patients experience an array of symptoms, which may include delusions, hallucinations, disorganized speech or behavior and impaired cognitive ability.4,5,6 Approximately 1% of the world's population will develop schizophrenia in their lifetime, and 2.1 million people in the U.S. are currently diagnosed with the condition.3,4,5 Although schizophrenia can occur at any age, the average age of onset tends to be in the late teens to the early 20s for men and the late 20s to early 30s for women.4 The long-term course of schizophrenia is marked by episodes of partial or full remission broken by relapses that often occur in the context of psychiatric emergency and require hospitalization.6 Approximately 80% of patients experience multiple relapses over the first five years of treatment, and each relapse carries a biological risk of loss of function, treatment refractoriness and changes in brain morphology.7,8,9 Patients are often unaware of their illness and its consequences, contributing to treatment nonadherence, high discontinuation rates and, ultimately, significant direct and indirect healthcare costs from subsequent relapses and hospitalizations.4,5,6,7,8,9

About Teva
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is transforming into a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva's commitment to bettering health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients' needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.

Cautionary Note Regarding Forward-Looking Statements
This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management's current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. You can identify these forward-looking statements by the use of words such as "should," "expect," "anticipate," "estimate," "target," "may," "project," "intend," "plan," "believe" and other words and terms of similar meaning and expression in connection with any discussion of future operating or financial performance. Important factors that could cause or contribute to such differences include risks relating to: our ability to successfully develop and commercialize WELTRUZA for the treatment of schizophrenia in adults; our ability to successfully compete in the marketplace, including our ability to develop and commercialize additional pharmaceutical products; our ability to successfully execute on our Pivot to Growth strategy, including to expand our innovative and biosimilar medicines pipeline and to profitably commercialize our innovative medicines and biosimilar portfolio, whether organically or through business development; our significant indebtedness; our business and operations in general; compliance, regulatory and litigation matters; financial, economic and other risks; and other factors discussed in our Quarterly Report on Form 10-Q for the second quarter of 2026 and in our Annual Report on Form 10-K for the year ended December 31, 2025, including in the sections captioned "Risk Factors" and "Other Information." Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.

Data on file. [CSR/SOLARIS]. West Chester, PA: Teva Neuroscience, Inc.
Data on file. [TRx data sourced from IQVIA NPA Full Year 2025; orals factored for SCZ using Analytics Link 2022.] Parsippany, NJ: Teva Neuroscience, Inc.
Data on file. [DRG/Clarivate (Nov 2025 Market Forecast Assumptions-Schizophrenia)]. Parsippany, NJ: Teva Neuroscience, Inc.
Substance Abuse and Mental Health Services Administration. Schizophrenia. https://www.samhsa.gov/mental-health/schizophrenia. Accessed February 2026.
Velligan DI, Rao S. The Epidemiology and Global Burden of Schizophrenia. J Clin Psychiatry. 2023;84(1):MS21078COM5. https://doi.org/10.4088/JCP.MS21078COM5.
Wander C. (2020). Schizophrenia: Opportunities to Improve Outcomes and Reduce Economic Burden Through Managed Care. The Am J Manag Care. 26(3 Suppl), S62?S68. https://doi.org/10.37765/ajmc.2020.43013.
Emsley, R., & Kilian, S. (2018). Efficacy and safety profile of paliperidone palmitate injections in the management of patients with schizophrenia: an evidence-based review. Neuropsychiatric Dis. Treat., 14, 205?223.
Emsley, R., Chiliza, B., Asmal, L. et al. (2013) The nature of relapse in schizophrenia. BMC Psychiatry 13, 50.
Andreasen, N. C., et al. (2013). Relapse duration, treatment intensity, and brain tissue loss in schizophrenia: a prospective longitudinal MRI study. The Am J Psychiatry, 170(6), 609?615.

Teva Media Inquiries:
TevaCommunicationsNorthAmerica@tevapharm.com
Teva Investor Relations Inquiries:
TevaIR@Tevapharm.com

Yacht Club de Monaco's Tuiga wins at Saint-Tropez

Sat, 10 Oct 2026 10:50:00 +0700

MONACO, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Tuiga has claimed victory at Les Voiles de Saint-Tropez. 2026 is a historic year for the gaff-rigged cutter of the Yacht Club de Monaco. Fresh from a voyage along the east coast of the United States, Tuiga (1909) triumphed in the Tradition class at the 28th edition of the annual regatta held in the Gulf of Saint-Tropez.

Tuiga was skippered by Yacht Club de Monaco Vice-President Pierre Casiraghi, alongside a high-calibre crew bringing together experience from the America's Cup, ocean racing and the Olympic Games. Also on board were two-time America's Cup winner Jimmy Spithill, German sailor Boris Herrmann of Team Malizia and, during the final stage, Loick Peyron.

The crew also included Dutch sailor Rosalin Kuiper, who competed in The Ocean Race with Team Malizia; British sailor Tom Dawson, a veteran of the Extreme Sailing Series and an Admiral's Cup winner alongside Casiraghi; Italian sailor Lorenzo De Felice, a Moth and foiling specialist; and French freediver Arnaud Jerald, holder of several world records.

"With Boris navigating, Lo?ck handling tactics and Jimmy at the helm, we could not have asked for anything better. What a crew, what a week," Casiraghi said, also highlighting the presence on board of several Club members and young sailor Louise Debeaumont, competing on Tuiga for the first time.

The Monegasque cutter remained among the leading boats throughout the week. On Tuesday, with an easterly breeze and gusts exceeding 15 knots, Tuiga finished second. The same result followed on Wednesday, keeping the boat firmly in contention for victory. On Thursday, in the Centenary Trophy, a pursuit race, Kismet crossed the finish line ahead of Tuiga to claim the trophy. On Friday, with moderate easterly winds, the Monegasque cutter maintained its pace ahead of the final day.

On Saturday, the crew completed the course with maximum concentration, finishing the week at the top of the overall standings and securing victory in its class.

Arla Foods Ingredients showcases personalised clear shake innovation at SupplySide Global

Sat, 10 Oct 2026 10:39:00 +0700

COPENHAGEN, Denmark, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Arla Foods Ingredients will demonstrate three new personalised clear shake solutions offering multiple benefits at SupplySide Global (28th-30th October in Las Vegas).

The concepts demonstrate how brands can move beyond "one-size-fits-all" protein shakes, creating protein solutions tailored for various performance scenarios and active lifestyles.

They meet the growing market demand for clear protein beverages, a lighter, fruitier, and more refreshing alternative to traditional milky protein shakes.

Combining high-quality Lacprodan whey proteins with selected functional ingredients, the three concepts are built around a shared recovery need and three distinct performance outcomes:

BUILD: A Resistance Shake with Lacprodan ISO.RefreshShake + creatine, tailored for strength and power-focused activities such as weightlifting, strength training and CrossFit.

SUSTAIN: An Endurance Shake with Lacprodan Pro2O + carbohydrates and electrolytes, tailored for endurance-focused activities such as running, cycling and endurance sports.

MOVE: A Mobility Shake with Lacprodan ISO.WaterShake + collagen for mobility-focused activities such as yoga, pilates, gymnastics and dance.

Peter Schouw Andersen, Senior Director, Performance Nutrition at Arla Foods Ingredients, said: "These new personalised clear shake concepts show how our clear whey protein isolates help brands create great-tasting solutions for different consumer needs and performance goals. Designed for a wide range of sports nutrition users, they deliver high-quality protein and functional benefits in a convenient format. From strength and power to endurance and hydration, mobility and flexibility, they demonstrate clear whey protein's versatility as a foundation for personalised sports nutrition."

Visitors to SupplySide Global can sample the personalised shake solutions at Booth #2945, alongside:

An aerated milk protein bar with a light texture, bringing a new sensory experience to protein bars. With nutrition and indulgence in an airy bite, AirBar features Nutrilac PB-8420, which delivers stable aeration and texture stability.

A high-protein, water-based shot for GLP-1 companion nutrition in a compact format designed for consumers with reduced appetite. Featuring Lacprodan BLG-100, it contains 21g protein per 100ml and is fat-free, sugar-free and low in lactose, offering great taste, minimal astringency and ambient shelf-life stability.

A sparkling, fruity protein soda combining the soft drink appeal with high-quality whey protein isolate. It's made with Lacprodan Pro2O, which enables clear, low-viscosity protein sodas with a clean taste, low astringency, and strong flavour expression, supporting stable, fruity, functional soft drinks with added protein.

hz@ispiderpr.com

Sunway Medical Centre Damansara Marks New Chapter in Specialist and International Patient Care

Fri, 09 Oct 2026 08:11:00 +0700

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 9 October 2026 - Sunway Medical Centre Damansara (SMCD), the fourth tertiary hospital under Sunway Healthcare Group (SHG), celebrated its Official Launch Ceremony on 1 October 2026, marking a significant milestone since commencing operations in December 2024.

Strategically located in Kota Damansara, SMCD serves communities across the Klang Valley, with a greater focus on the northern, northwestern and western regions. The hospital was established to bring high-quality specialist healthcare closer to these growing communities, while also serving local patients, expatriates and international health tourists seeking care in Malaysia.

Officiating the ceremony, the Chief Minister of Selangor YAB Dato' Seri Amirudin bin Shari, said that the establishment of private hospitals such as SMCD supports the state's Rancangan Selangor Kedua (RS-2) development plans to build a state that is caring, livable, sustainable and resilient.

"The healthcare needs of our population are becoming more complex. An ageing population, the growing burden of non-communicable diseases and increasing demand for specialized care require us to continuously strengthen the capacity and capabilities of our healthcare system. For this reason, the State Government welcomes investments that strengthen healthcare capacity and increase accessibility to quality healthcare," he said.

Speaking at the ceremony, Dato' Lau Beng Long, President of Sunway Healthcare Group, said, "Sunway Medical Centre Damansara brings together a comprehensive range of specialties and subspecialties, supported by advanced diagnostic and therapeutic medical technologies, including AI-enabled and robotic-assisted solutions. As the hospital continues to grow, we are focused on deepening these capabilities and strengthening multidisciplinary care, so that patients can access more complex treatments closer to home.

"Looking ahead, we are evaluating the next phase of SMCD's development, with approximately four acres earmarked for future expansion. Our proposed plans include a standalone Sunway Sanctuary focused on senior living and a dedicated Cancer and Nuclear Medicine Centre.

"The proposed Cancer and Nuclear Medicine Centre is envisioned to incorporate advanced diagnostic and treatment capabilities, including a cyclotron, PET-CT, linear accelerators and CT simulator, as well as Proton Beam Therapy Centre, which would be the first of its kind in Malaysia. These proposed plans reflect our long-term vision to develop SMCD into a more comprehensive healthcare destination, bringing advanced and specialised care for Malaysians and international patients."

Beyond strengthening its clinical capabilities, SMCD continues to improve accessibility and convenience for the surrounding community. The new ramp connecting Persiaran Surian to Jalan PJU 5/1 provides more direct access to SMCD and Bandar Sunway Damansara. Meanwhile, a link bridge to Sunway Nexis connects patients, visitors and the surrounding community to Surian MRT station, as well as nearby retail, dining and lifestyle amenities, complementing the hospital's broader efforts to bring advanced healthcare closer to the communities it serves.

In line with Malaysia's growing healthcare tourism economy, SMCD is also well positioned to serve medical tourists by virtue of its location within an integrated township, giving patients and accompanying family members convenient access to various amenities. Its connectivity further supports international access, with Subang Airport located nearby and KLIA accessible via a direct drive along the North-South Expressway.

The hospital's International Patient Centre supports patients throughout their healthcare journey, with dedicated nurses and translators assisting with specialist appointments, treatment coordination, admissions and communication. SMCD also serves the expatriate community living and working in Malaysia, providing access to specialist care, preventive health services, advanced surgery, rehabilitation and multidisciplinary treatment within the Klang Valley.

Reflecting on the hospital's journey, Jasmine Lau Mooi Hun, Chief Executive Officer of SMCD, said, "In a relatively short period, SMCD has grown tremendously in both the breadth of services we provide and the trust that patients, partners and the wider community have placed in us.

"This progress reflects the dedication of our people and the support of our healthcare partners and stakeholders. As we enter our next phase of growth, we remain committed to strengthening our capabilities, enhancing the patient experience and making comprehensive specialist care more accessible to the communities we serve."

SMCD achieved its first EBITDA-positive month within nine months of commencing operations, reflecting its strong operational performance and clinical capabilities, and significantly outperforming the industry's typical ramp-up period of three to five years.

Building on this strong foundation, SMCD will continue to expand its continuum of care. The hospital will be complemented by ambulatory services at Sunway Specialist Centre Damansara, located across the road, and the planned opening of the Sunway Traditional Chinese Medicine Centre in the first quarter of 2027.

Together, these services will form a more holistic and integrated healthcare ecosystem, while SMCD continues to strengthen the quality, efficiency and coordination of care to deliver better health outcomes.

To learn more about Sunway Medical Centre Damansara and its services, visit www.sunwaymedicaldamansara.com.my.

About Sunway Medical Centre Damansara

Sunway Medical Centre Damansara (SMCD), located in Kota Damansara, is the fourth tertiary hospital under Sunway Healthcare Group. With a capacity of more than 300 beds, 60 specialist consultation suites and eight operating theatres, SMCD is a multidisciplinary tertiary hospital designed to provide comprehensive and integrated care across a broad range of specialties and subspecialties.

SMCD offers an extensive range of clinical services across areas including Cardiology, Neurosciences, Gastroenterology & Hepatology, Orthopaedics & Spine, Oncology, Ear, Nose & Throat, Paediatrics, Obstetrics & Gynaecology, Urology, and Plastic & Reconstructive Surgery, among others. Its clinical services are supported by advanced diagnostic and therapeutic medical technologies, including AI-enabled and robotic-assisted solutions, enabling greater precision, more complex interventions and coordinated multidisciplinary care.

As part of Sunway Healthcare Group, SMCD is supported by the Group's growing healthcare network.

For more information or enquiries, please contact the general line at +60 19-216 8825 or +603-8966 9191.

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

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YYForce Expands 24iFM With Services Marketplace and Lifestyle Advertising

Fri, 09 Oct 2026 08:05:00 +0700

*Strategic Milestone: Commercial expansion of 24iFM brings estate management, on-demand household services and lifestyle merchant promotions together in one digital platform.

*Regional Digital Growth: Google, Temasek and Bain & Company's e-Conomy SEA 2025 report projected Southeast Asia's digital economy to exceed US$300 billion in gross merchandise value in 2025.

*Commercial Pathway: Transaction commissions and service fees, together with merchant advertising and promotional revenue, create potential digital revenue streams alongside YYForce's existing IFM operations.

SINGAPORE, Oct. 08, 2026 (GLOBE NEWSWIRE) -- YYForce Inc. (NASDAQ: YFOR) ("YYForce" or the "Company"), an AI-enabled workforce management platform and integrated facility management ("IFM") provider operating across Asia and beyond, today announced the commercial expansion of 24iFM through its Services Marketplace and Lifestyle advertising capabilities (the "Expansion"). The Expansion brings estate administration, on-demand household services and merchant promotions together in one digital platform.

The Expansion introduces two potential digital revenue channels alongside YYForce's existing IFM operations: commissions or service fees from qualifying completed marketplace transactions, and advertising and promotional revenue from participating merchants. Revenue generation will depend on user adoption, completed transactions and commercial agreements with providers and merchants.

Facility Management to a Digital Services Marketplace

24iFM integrates functions that have traditionally operated through separate systems. The platform brings together everyday estate and facility management functions - including facility bookings, visitor registration, digital forms, payments and estate communications - with an expanding marketplace of household and property-related services.

Through the 24iFM Services Marketplace, users can discover and book participating service providers. YYForce expects to participate in qualifying service activity generated through the platform by charging commissions or service fees, subject to applicable commercial arrangements.

Lifestyle Adds a Digital Advertising Channel

Alongside the Services Marketplace, YYForce is expanding the 24iFM Lifestyle experience to connect users with participating merchants and service providers across categories such as wellness, education, beauty, health, pet services, sports and other lifestyle segments.

The Lifestyle capability is designed to create an additional advertising-based revenue opportunity. Potential advertising products include featured merchant placements, sponsored category positions, promotional campaigns and other forms of paid digital visibility.

Two Monetization Channels in One Digital Ecosystem

The commercial expansion of 24iFM introduces a complementary digital revenue architecture alongside YYForce's existing facility management operations. The Services Marketplace is designed to support transaction-based commissions or service fees, while Lifestyle is designed to support advertising and promotional revenue from participating merchants.

Together, these capabilities are intended to extend the economic potential of YYForce's property relationships by creating opportunities for digital commercial activity within the communities it serves.

"24iFM extends our relationship with properties beyond traditional facility management," said Mike Fu, Chairman and Chief Executive Officer of YYForce. "By connecting property users with service providers and merchants through one digital platform, we are building additional transaction and advertising revenue opportunities around our existing IFM footprint. As adoption expands, our objective is to increase the number of commercial interactions that can occur through the 24iFM ecosystem."

Market Context in Singapore and Southeast Asia

Singapore provides an initial market for property-connected digital services. According to the Singapore Department of Statistics, Singapore had 381,996 condominiums and other apartments as of June 2026. This housing stock provides context for the types of residential communities 24iFM is designed to serve; it does not represent the Company's onboarded households or customers.

24iFM's expansion takes place against a backdrop of growing regional digital adoption. According to the e-Conomy SEA 2025 report by Google, Temasek and Bain & Company, Southeast Asia's digital economy was projected to exceed US$300 billion in gross merchandise value in 2025. This broader market figure provides context for regional digital commerce and is not an estimate of 24iFM's addressable market or expected revenue.

24iFM's commercial scope is anchored in its property-connected ecosystem. The platform's monetization potential will depend on adoption across participating residential and commercial communities, the frequency of completed service bookings, commercial agreements with providers and demand for paid merchant promotions.

Scaling the 24iFM Ecosystem

YYForce intends to progressively expand the range of participating service providers, service categories, merchants and commercial offerings available through 24iFM based on market demand and platform adoption.

As additional properties, users, service providers and merchants participate in the ecosystem, 24iFM is designed to support a growing range of interactions without requiring each new commercial opportunity to operate as a standalone facility management contract.

The commercialization of 24iFM forms part of YYForce's broader strategy to combine its operational presence with technology, automation and digital platforms. Within this ecosystem, 24iFM is intended to serve as a digital interaction layer connecting facility operations with everyday services and commercial activity.

Market Data Sources

Singapore Department of Statistics, Residential Dwellings, Annual. Data as at end June 2026.

Google, Temasek and Bain & Company, e-Conomy SEA 2025. Figures are projections published on November 11, 2025.

About YYForce Inc.

YYForce Inc. (Nasdaq: YFOR) is an AI-enabled workforce management platform and integrated facility management provider headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail and other service sectors predict, plan and optimize workforce deployment. In YYForce's IFM business, its 24iFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail and mixed-use facilities.

As both business lines scale, the Company is systematically embedding AI and automation capabilities - progressing from intelligent decision support toward increasingly autonomous workforce management - to improve service quality, reduce deployment costs and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YYForce is committed to infrastructure innovation, measurable client outcomes and long-term value creation.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company bases these forward-looking statements on its expectations and projections about future events derived from information currently available to it.

You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Forward-looking statements include statements regarding the expected development, adoption, commercialization, monetization and expansion of 24iFM and its Services Marketplace and Lifestyle capabilities. Such statements involve risks and uncertainties, and actual events and results may differ materially.

Factors that could cause actual results to differ materially include, but are not limited to, the Company's ability to attract and retain users, service providers and merchants to the 24iFM platform, the pace and extent of market adoption, dependence on third-party service providers and commercial arrangements, regulatory developments in markets where the Company operates, competitive conditions, and the Company's ability to execute its growth and monetization strategy.

For a more detailed discussion of risk factors, please refer to the Company's filings with the Securities and Exchange Commission, including the "Risk Factors" section of the Company's most recent annual report on Form 20-F, as amended. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

OPPO Find X10 Series to Launch Globally on October 21 with Next-Generation True-to-Life Imaging

Fri, 09 Oct 2026 08:01:00 +0700

SHENZHEN, CHINA - Media OutReach Newswire - 8 October 2026 - OPPO today announced that its latest flagship smartphones, OPPO Find X10 Series, will make their global debut on October 21 in Mallorca, Spain. Built to be a "Hasselblad True-to-Life Camera", the new series combines industry-leading camera hardware with the next-generation LUMO True Image Engine, marking a new chapter in OPPO's pursuit of true-to-life imaging.

"Find X Series reflects our relentless pursuit of exceptional mobile imaging," said Pete Lau, SVP and Chief Product Officer at OPPO. "Together with Hasselblad, we are taking another significant step forward with Find X10 Series, bringing true-to-life detail, color and tone to everyday photography. Simply open the camera and capture the moment as you see it, with no extra settings required."

Find X10 Series carries forward the Find X Series' minimalist design language with premium materials and thoughtfully crafted details. Its all-new Borderless Design features One-Piece Sculpted Glass that flows seamlessly into the camera module, softening the visual impact of the camera bump for a clean, cohesive look.

Find X10 Pro Max in Luna White draws design inspiration from classic cameras. Its LUMO Camera Island features a matte silver metallic finish and houses the new-generation True Color Camera and dual-flash system, complemented by knurled detailing and Hasselblad's signature matte orange accent ring. Across the back, smooth matte glass meets a subtle fabric-inspired pattern in a distinctive two-tone finish.

Find X10 will be available in Glacier Blue, Glow Coral and Mist Grey, while Find X10 Pro Max will come in Titanium Grey and Luna White.

The series pairs this refined design with a major leap in imaging hardware. Find X10 features a category-first Dual 200MP Camera System co-developed with Hasselblad. Find X10 Pro Max goes even further with the industry's first Triple 200MP Camera System, bringing 200MP sensors to the ultra-wide, main and telephoto cameras for the first time on a smartphone.

Making the most of its camera hardware is OPPO's next-generation computational photography solution, LUMO True Image Engine. It combines OPPO's imaging expertise with the natural tone rendering of Master Mode, supported by precise color information captured by the True Color Camera. LUMO True Image Engine delivers authentic detail, accurate color and natural tone. From nuanced skin tones and fine textures to the natural contrast of a scene, images stay true to the moment as you remember it.

Find X10 Series also brings a major upgrade to videography. On Find X10 Pro Max, all three rear cameras support 4K 120fps and 8K 30fps video recording, while Find X10 brings the same capabilities to its two 200MP cameras. Find X10 Series also introduces Open Gate Capture, using the sensor's full imaging area to capture more of the scene and give creators greater freedom to crop and reframe the same footage for landscape, portrait and other formats in post-production.

Powering Find X10 Series are flagship MediaTek chipsets. Find X10 runs on MediaTek Dimensity 9600M, while Find X10 Pro Max is among the first smartphones to feature the 2nm MediaTek Dimensity 9600 Pro, delivering a major leap in both performance and power efficiency.

Both models feature an 8,000mAh OPPO Silicon-Carbon Battery?, delivering up to two days of typical use on a single charge. Designed for long-term durability, the battery is also engineered to retain over 80% of its original capacity after five years of typical use.?

Find X10 Series also features the latest ColorOS 17, bringing a fresh look and smarter everyday experiences. Its new Living Flow Design combines refined visuals with fluid interactions, while AI Mind Pilot with Agent Mode connects agentic AI with files and photos on the phone, helping users complete complex tasks with a single prompt.

OPPO will reveal full specifications, pricing and availability, alongside more of the series' latest innovations, at the global launch in Mallorca on October 21.

? Battery capacity may vary by market. Find X10 and Find X10 Pro Max feature a 7,150mAh battery in selected markets.

? Data from OPPO Lab. Actual battery health may vary depending on settings, usage and environmental conditions.

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

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PKF O'Connor Davies Adopts AI-Enabled DAS Suite Powered by Caseware Verity, and Joins the Caseware Agentic Pioneer Program

Fri, 09 Oct 2026 07:56:00 +0700

Top 25 U.S. accounting firm unifies audit methodology with Dynamic Assurance Solution (DAS) and becomes one of a select group of firms co-developing proprietary AI agents on Caseware's governed platform

TORONTO, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Caseware, the leading AI platform for assurance and financial reporting, today announced that PKF O'Connor Davies, one of the nation's largest accounting, tax and advisory practices, has adopted and implemented the AI-enabled Dynamic Assurance Solution (DAS) Suite powered by Caseware Verity, across its audit practice.

The firm has also joined the Caseware Agentic Pioneer Program, a strategic co-development initiative that enables it to design and deploy proprietary AI agents on Caseware's governed platform.

The DAS Suite, which includes DAS Audit, DAS PCR and DAS EBP, combines a modern, risk-based audit methodology with embedded AI, laying the foundation for an agentic future.

In addition to the DAS Suite, PKF O'Connor Davies also benefits from tax preparation solutions, Caseware Taxflow, and Caseware IDEA, an audit analytics solution for full-population testing, anomaly detection and audit evidence.

Unifying Audit Methodology with DAS

The DAS Suite is an integrated, end-to-end audit platform that connects risk assessment, workpapers, financial reporting and related workflows into a single, secure cloud-native system with unified engagement data. It is powered by a transformative methodology developed by the AICPA, in partnership with audit professionals from leading firms, and enables a data- and risk-driven audit approach that eliminates disconnected tools and repetitive tasks, while enabling greater efficiency, audit quality and client value. The platform's intelligent checklists and unified engagement data also enable audit teams to work more consistently and efficiently while maintaining rigorous quality standards.

"DAS stood out from other audit solutions because it was built by auditors, for auditors," said Kevin J. Keane, chief executive officer, PKF O'Connor Davies. "We've had a direct hand in shaping the platform and, together with Caseware Verity, it is a key part of our tech-forward strategy and the continued modernization of our audit approach."

CPA.com served as a strategic implementation partner throughout the transition, providing guidance on implementation planning, data migration, training, and change management.

"Technology is an important part of the equation, but it's also critical to get people, processes and data moving in the same direction," said Kalil Merhib, executive vice president, Growth & Professional Services at CPA.com. "PKF O'Connor Davies approached their transition like the professional leaders they are - with an eye on where audit is headed, not just where it stands today. That's what sets them up to scale with confidence."

Building Governed AI Directly into the Engagement with Caseware Verity

PKF O'Connor Davies' adoption of the DAS Suite by Caseware Verity adds an AI intelligence and orchestration layer that operates directly inside assurance and financial reporting engagements. Unlike standalone AI assistants, copilots or single-task AI agents, Verity works within the engagement itself - drawing on engagement history, firm methodology, supporting documentation and professional standards to help practitioners identify risks, analyze documentation, and navigate through complex work with greater speed and confidence.

"As PKF O'Connor Davies looked to build a future-ready foundation, it chose DAS powered by Caseware Verity to meet the needs of a growing, forward-thinking practice," said David Marquis, chief executive officer of Caseware. "Our $100 million investment in Caseware Verity means leading firms like PKF O'Connor Davies get a trusted, governed platform to develop AI-enabled workflows, sharpen efficiency and capture growth in the agentic era."

Shaping Assurance Through the Pioneer Program

As an Agentic Pioneer Program partner, PKF O'Connor Davies will get priority access to Caseware's Agent Builder suite, including the Agent Workbench and governed MCP interfaces for firm-side agent development, along with Agent Studio, a no-code environment for building and deploying agents. Agents built by PKF O'Connor Davies will run inside the same governed environment as Caseware Verity, so every agent the firm creates carries the audit trail, methodology and context needed to stand up to regulatory scrutiny ? rather than operating as a disconnected, one-off tool.

"AI will have a meaningful role in the future of assurance, and we intend to help lead that conversation," said Keane. "The Pioneer Program gives us a seat at the table to develop AI capabilities that serve our people and clients while preserving the rigor and accountability they expect from us."

"Firms like PKF O'Connor Davies are leaning into the future of agentic audit. They're moving with intention, helping define what responsible AI looks like for the rest of the profession," said Marquis. "That's exactly what the Pioneer Program is built for: giving firms a smarter, more powerful and governed platform to build on, where agentic efficiencies are realized in a trusted environment."

About PKF O'Connor Davies

PKF O'Connor Davies is a top-tier accounting, tax and advisory practice with a long history of serving domestic and international clients. "Know Greater Value" speaks to the confidence and guidance that our clients realize when they work with us. It reinforces our commitment to delivering the highest levels of value, expertise and service in everything we do. Our clients Know Greater Connections, Know Greater Insights and Know Greater Value.

"PKF O'Connor Davies" is the brand name under which PKF O'Connor Davies LLP and PKF O'Connor Davies Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. PKF O'Connor Davies LLP is a licensed CPA firm that provides attest services and PKF O'Connor Davies Advisory LLC and its subsidiary entities provide tax and advisory services.

About Caseware

Caseware is the leading global AI platform for accounting professionals, serving 23,000+ firms in over 130 countries. Caseware's platform powers audit, financial reporting, and compliance workflows for firms of every size - from regional practices to the world's largest networks. Caseware enables the world of audit and accounting to unlock efficiency, deliver excellence, and grow with confidence. Through precision, partnership, and innovation, we are powering trust in the global economy. For more information, visit Caseware.

About CPA.com

CPA.com is the trusted partner in accounting and finance transformation, enabling firms and finance teams to evolve and innovate across audit, tax and advisory services. It delivers leading-edge strategies, resources and technologies to help firms and finance teams of all sizes stay ahead of a rapidly changing marketplace, deliver more value to clients, and position for long-term success. CPA.com is an affiliate of the American Institute of CPAs (AICPA). For more information, visit www.CPA.com.

Media OutReach Newswire Founder & CEO Jennifer Kok Named Top Nominee in the Woman Entrepreneur Category for EY Entrepreneur Of The Year 2026 Malaysia

Fri, 09 Oct 2026 07:48:00 +0700

Media OutReach Newswire Founder & CEO Jennifer Kok, Top Nominee for the EY Entrepreneur Of the Year 2026 Malaysia awards, in the Woman Entrepreneur category

Recognition in the Woman Entrepreneur category honours a 17-year journey building Asia Pacific's first global newswire ? and the first founded by a woman - giving Asian brands a voice on the world stage

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 October 2026 - Jennifer Kok, Founder and CEO of Media OutReach Newswire, has been named one of 12 Top Nominees for EY Entrepreneur Of The Year 2026 Malaysia awards, in the Woman Entrepreneur category. This year's programme, the 25th in Malaysia, drew a record number of nominations.

Since its launch in 2002, EY Entrepreneur Of The Year Malaysia has recognised more than 350 entrepreneurs, as part of a global programme held in more than 60 countries and jurisdictions. An independent panel of judges assesses nominees against four pillars: entrepreneurial spirit, purpose, growth and impact. Winners will be announced at a gala dinner on 1 December 2026.

A 17-year entrepreneurial journey

Entrepreneurial spirit that built Asia's first global newswire

Jennifer founded Media OutReach Newswire in 2009 to build what the industry lacked ? a global newswire born in Asia ? becoming the first woman to found a global newswire, and has continued to redefine the PR industry through industry-first innovations, from the digital era to the age of AI.

Purpose that turns business success into shared opportunity

Her mission since day one has been to help Asian brands authentically build their reputation in global markets, leading with a social enterprise mindset that creates opportunity for clients, the PR community and her team. Giving back has always been close to her heart. She provides pro bono press release distribution to help NGOs and community initiatives amplify their impact, while supporting children, marginalised communities and animal welfare.

Growth that promotes Asian excellence worldwide

Today, Media OutReach Newswire connects brands with 200,000+ journalists and editors and 70,000+ media titles across 190+ countries and territories, with targeted distribution across 500+ trade categories, alongside 1,500+ media partnerships and offices in eight Asian markets, including Malaysia.

Impact is redefining PR for the AI era

Trusted by thousands of agencies, corporations, governments and SMEs, the company has repeatedly set industry standards ? most recently becoming a fully AI-enabled newswire in 2026. Media OutReach Newswire connects clients' news with journalists and enables the news to be cited by AI, helping build brand trust, increase AI visibility, and maximise PR impact.

Media OutReach Newswire's next phase of growth is anchored in three pillars: AI innovation, people and social impact. The company uses AI to innovate its services and workflows for clients and staff, invests in its team, and funds community projects for children and animals.

"Seventeen years ago, I set out to build Asia Pacific's first global newswire so that Asian brands could tell their stories to the world," said Jennifer Kok, Founder and CEO of Media OutReach Newswire.

"To be named a Top Nominee in the award's 25th year in Malaysia is an honour I share with our team, media partners and clients. Entrepreneurship, to me, has never been just about business. It is about creating opportunities, empowering the PR industry, investing in people and using what you build to help others succeed. Our vision is to help Asian brands to achieve global communications success."

About Media OutReach Newswire

Media OutReach Newswire is Asia Pacific's first global newswire, founded in 2009 by Jennifer Kok as a trusted partner to media, corporations, agencies and governments. As an AI-enabled global newswire, Media OutReach Newswire connects brands with 200,000+ journalists and editors and 70,000+ media titles across 190+ countries and territories.

Through targeted press release distribution, direct journalist access and guaranteed posting on credible news sites with domain authority, it helps brands earn media coverage and build visibility and citations in AI search. Every distribution includes multi-format reports with data insights, and its PR Campaign Intelligence measures communications impact over time.

Headquartered in Hong Kong SAR, with offices in the Chinese Mainland, Singapore, Japan, Malaysia, Thailand, Vietnam and Taiwan, Media OutReach Newswire's distribution network spans Asia Pacific, North America, Latin America, the UK and Europe, the Middle East and Africa.

For more information, please visit www.media-outreach.com.

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

Hashtags: #EY #EOY #Entrepreneurship #WomenEntrepreneurs #Asia #AI #Malaysia #MediaOutReachNewswire

General Fusion, UKAEA Announce Magnetized Target Fusion Milestone

Fri, 09 Oct 2026 07:40:00 +0700

General Fusion completes the first major technical milestone of its LM26 program with world-first fusion result co-authored by the UKAEA

VANCOUVER, British Columbia and OXFORD, England, Oct. 08, 2026 (GLOBE NEWSWIRE) -- General Fusion Group Ltd. (NASDAQ: GFUZ) ("General Fusion" or the "Company"), a leading fusion company, has achieved a historic compressional plasma heating result with its large-scale Lawson Machine 26 ("LM26") demonstration.

Using Magnetized Target Fusion ("MTF"), the Company reached electron temperatures exceeding 12 million degrees Celsius - more than 1 keV. The results were co-published by the UK Atomic Energy Authority ("UKAEA"), the UK's national fusion laboratory, and measured using gold-standard Thomson scattering methods.

Only a few fusion companies have surpassed the industry-recognized milestone of 1 keV, all using other fusion approaches. This world-first result for General Fusion's MTF approach marks a measurable step forward for the Company in its aim to deliver baseload, economical clean power from fusion energy.

The 1.1 keV electron heating (12.6 million degrees Celsius) result was measured just prior to peak compression and is detailed in a technical paper co-authored by UKAEA that is being concurrently posted on General Fusion's website and submitted for peer review.

Scientific Progress

As a technology, General Fusion's MTF aims to achieve fusion in a practical and economical way, using a liquid metal wall which enables the use of existing materials and, ultimately, durable machines. It also allows the Company's design to avoid superconducting magnets and high-powered lasers. The approach is designed to solve significant long-standing barriers to commercializing fusion energy at a time when electricity demand is surging, and nations around the world are racing to bring fusion power to the grid.

General Fusion's LM26 program is designed to reach key technical milestones on the path to a first-of-a-kind fusion plant in the next decade. LM26 is the first fusion machine in the world to achieve 1 keV with low-speed compression. Using MTF, the Company heats magnetically confined plasma through compression in milliseconds as compared to other types of plasma compression technologies in microseconds or nanoseconds. In LM26, this compression is achieved with a solid metal wall, rather than high-powered lasers or other methods operating in physical extremes. Achieving 1 keV through practical, low-speed compression is unique to General Fusion and is a key step toward its ultimate commercial approach.

Upcoming LM26 Milestones

General Fusion is advancing its LM26 program as part of its phased commercialization plan. Upgrades to the LM26 machine are now underway to support higher plasma compression ratios ahead of the Company's next targeted 10 keV milestone. The LM26 program will then advance toward the Lawson criterion, the combination of temperature, density, and energy confinement time required for net fusion energy in the plasma. This program is designed to de-risk the path to practical fusion power and support the Company's goal to begin operating a first-of-a-kind plant around 2035.

UKAEA Expertise in Fusion Diagnostics

The findings were made possible through UKAEA's expertise in plasma diagnostics. Drawing on decades of experience operating fusion facilities such as the Joint European Torus (JET) and flagship machine, MAST Upgrade, UKAEA has internationally recognised expertise in plasma diagnostics, the systems used to measure and understand the behaviour of fusion plasmas.

Measuring plasma temperature is a complex process. In fusion research, scientists use a laser-based technique called Thomson scattering to do this. They shine a laser through the plasma and analyse how the light scatters from the particles inside it. This lets them accurately measure how hot the plasma is, without disturbing it. This way of measuring plasma dates back to 1969 when UKAEA scientists collaborated with Russian researchers to record fusion temperatures above 10 million degrees Celsius. This breakthrough reshaped fusion research worldwide and established UKAEA as a leader in plasma diagnostics.

Measuring plasma conditions on LM26, and applying Thomson scattering, presented a significant technical challenge. The plasma is enclosed within a metal liner and compressed to a very small volume, severely limiting diagnostic access and visibility. Despite these constraints, diagnostic specialists from UKAEA and General Fusion jointly designed and commissioned a Thomson scattering system that successfully measured the plasma near peak compression conditions. One of the key components of the diagnostic system was a state-of-the-art polychromator designed and built by UKAEA at its newly established Diagnostic Innovation Centre of Excellence (DICE) facility at the Culham Campus in the UK. For General Fusion, the diagnostic provided critical measurements of plasma temperature and performance. This is one example of how UKAEA's capability is helping to support the development of fusion technologies and delivering advanced diagnostic solutions for fusion programmes around the world.

Global Collaboration Advancing the Path to Commercialization

General Fusion has spent more than two decades developing its fusion technology in Canada, with support from the Government of Canada's Strategic Response Fund and other programs that have been instrumental to the Company's progress. The Company has also advanced its technology with leading fusion research organizations worldwide, including a long-standing collaboration with UKAEA to optimize diagnostic systems. The General Atomics Energy Group is also advising on the diagnostic system required for the Company's next milestone.

Quotes

"General Fusion has a two-decade track record of achieving industry-first milestones in Magnetized Target Fusion supported by a substantial body of peer-reviewed scientific literature. We built LM26 to achieve important technical milestones that will help get us to a first-of-a-kind plant in the next decade, and step-by-step we are advancing on this path. Congratulations to our incredible team and thank you to UKAEA for our longstanding collaboration. Together, we've achieved an industry-defining result on the path to commercializing cost-effective, practical fusion energy."

- Greg Twinney, Chief Executive Officer, General Fusion

"Achieving a plasma electron temperature of over 1 keV marks an important milestone for General Fusion since achieving hot electrons is a necessary step for proving fusion confinement concepts. This achievement reflects the tangible progress being made by General Fusion and others across a diverse set of fusion approaches in the private sector, while the collaboration with UKAEA, contributing its specialist expertise, highlights the value of robust public-private partnerships in broadly advancing fusion and sharing scientific results. It also continues a great tradition of international scientific collaboration: in 1969, a UK team used the then-new laser-based Thomson scattering technique to verify 1 keV electrons in a Russian tokamak, helping to establish what became the standard magnetic confinement concept. We now look forward to the outcome of the formal peer review process and the publication of the paper in Review of Scientific Instruments."

- Professor Dennis Whyte, Chief Executive Officer, United Kingdom Atomic Energy Authority

About General Fusion

General Fusion (NASDAQ: GFUZ) is a fusion technology development company. The Company aims to deliver economical, carbon-free fusion energy through its practical Magnetized Target Fusion ("MTF") technology, an engineering-driven approach to fusion energy. General Fusion's commercialization program is anchored by LM26, the world's first commercially relevant-scale MTF demonstration machine. The Company is working toward the commercial deployment of fusion power in the mid-2030s. General Fusion is the first publicly listed fusion company and TIME's No. 1 GreenTech Company of 2026. For more information, visit generalfusion.com or follow General Fusion on LinkedIn, YouTube, and X.

About the United Kingdom Atomic Energy Authority

Who we are

The United Kingdom Atomic Energy Authority (UKAEA) is the UK's national fusion energy research organisation. We are an executive non-departmental public body of the Department for Energy Security and Net Zero (DESNZ).

The work we do

UKAEA's mission is to lead the delivery of sustainable fusion energy to maximise scientific and UK economic benefit. We do this by being technical experts, partnering with companies and the international research community.

At the core of UKAEA's efforts is the operation of world-leading facilities that build a comprehensive knowledge base for fusion energy. By addressing and solving the challenges across the full lifecycle of fusion, and integrating solutions from various disciplines, we establish technical centres of excellence that serve as the foundation for future fusion power plant programmes.

UKAEA collaborates with its partners to develop fusion power plants by providing access to our skills, facilities and expertise. UKAEA owns UKFE Ltd on behalf of the UK government. Through UKFE Ltd, we're spearheading the STEP Fusion programme to design and build the UK's first prototype fusion energy power plant in Nottinghamshire.

To grow the fusion ecosystem, UKAEA focuses on cultivating skilled talent, growing the fusion industry and creating 'innovation clusters'. We actively seek opportunities to advance fusion technologies and communicate its vast potential to stakeholders and the public alike to accelerate fusion energy's future ? the energy of tomorrow we need today.

Investor Relations Contact

Contact General Fusion's Investor Relations team at: investors@generalfusion.com.

If you are based in North America, you may also leave a toll-free voicemail at +1 (833) 717-1519. Callers outside North America can reach us at +1 (236) 253-6968.

Media Relations Contact

media@generalfusion.com

1-866-904-0995

Cautionary Note Regarding Forward-Looking Statements

This communication includes "forward-looking statements" within the meaning of the U.S. federal securities laws and "forward looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). All statements other than statements of historical facts contained herein are forward-looking statements.

Any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking.

Forward-looking statements include, without limitation, statements regarding its ability to commercialize Magnetized Target Fusion ("MTF") or any other fusion technology on its expected timeline or at all; statements regarding the current and expected results of the LM26 program, the Company's plan to operate a first-of-a-kind plant around 2035; statements regarding the expected market opportunity for fusion energy, as well as any information concerning possible or assumed future results of operations or financial position of the Company.

These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. These forward-looking statements involve a number of risks, uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.

These risks and uncertainties include, but are not limited to, the risk that the technical results disclosed herein are not accepted or validated by the broader scientific community (including that the peer review process is unsuccessful); the risk that prior results are not successfully repeated on a larger scale; the risk that the scientific and technical assumptions underlying the results described herein prove to be incorrect; the risk that our relationship with UKAEA and others deteriorates or terminates, the risk that recent technical results do not prove to be as significant to the operation of LM26 as expected; the risk that the anticipated cost of funding the LM26 program across several planned technical milestones through the end of 2028 is greater than anticipated and additional capital needed by the Company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed to in connection with the private placement the Company closed on July 10, 2026; the risk of adverse changes in general economic, financial market and geopolitical conditions, including conditions affecting capital markets and the clean energy sector; the risk that we are unable to develop, demonstrate and commercialize MTF technology on the expected timeline or at all, including any failure to achieve the balance of technical objectives of the LM26 program; the risk that we are unable to begin operating a first-of-a-kind plant around 2035, or at all; the risk that fusion energy does not gain public acceptance, the risk that the scientific and technical assumptions upon which the Company's MTF technology is based do not prove to be correct, risks associated with the Company's status as a development-stage company with a history of losses, no revenue from commercial fusion energy operations and no assurance of achieving profitability; the risk that our competitors develop viable fusion technology sooner than we do, the risk of supply chain disruptions, the risk that key technical material and service inputs may not be available when required on reasonable terms or at all, the risk that we are unable to attract and retain qualified personnel with highly technical expertise, the risk that we are subject to negative publicity, the risk that our assessment of the total addressable market for fusion energy is incorrect, the risk of changes in the laws and regulations governing the Company's research and development activities and in the regulation of fusion energy generally; the risk of fluctuations in foreign currency exchange rates, particularly fluctuations in the Canadian dollar relative to the U.S. dollar; the risk that the Company is unable to complete and successfully integrate any future acquisitions; the risk of increased competition from other fusion energy companies and from other clean energy, conventional energy and energy storage technologies; the risk of accidents, earthquake, fires, floods and other natural disasters, the risk that our information technology fails, the risk that our operating expenses are materially higher than forecast, the risk that we are unable to remediate material weaknesses in our internal controls or identify additional material weaknesses in the future, the risk that we are unable to adequately protect or enforce our intellectual property rights, the risk of third party claims that we are infringing or violating another person's intellectual property rights, the risk that our intellectual property applications are not granted, the risk of a cyber event or privacy breach resulting in an interruption in operations or financial loss, the risk that the trading in our securities may be volatile due to limited volume and the release of a substantial number of Subordinate Voting Shares from a lock-up expiring 180 days after the closing date of our business combination in July 2026; the risk of substantial dilution upon a reduction in the exercise or conversion price of the Multiple Voting Shares and PIPE warrants issued in July 2026 in accordance with the terms thereof; the effectiveness of our internal controls and disclosure controls and procedures; risks arising as a result from the limited experience of certain members of our management team in operating a public company; the risk that the period during which we will qualify as an emerging growth company under the JOBS Act is reduced; and the risk of litigation, governmental or regulatory proceedings, investigations or inquiries.

The foregoing list is not exhaustive, and there may be additional risks that the Company does not know or currently believes are immaterial. You should carefully consider the foregoing factors, any other factors discussed herein and in the other filings by the Company with the U.S. Securities and Exchange Commission including those described under the heading "Risk Factors." If any of these risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.

These forward-looking statements are based on a number of estimates and assumptions that we believe are reasonable when made including but not limited to: that none of the risks identified above materialize; that there are no unforeseen changes to economic and market conditions, and that no significant events occur outside the ordinary course of business.

In addition, these statements reflect the expectations, plans, and forecasts of the Company's management as of the date of this communication; subsequent events and developments may cause their assessments to change. While the Company may elect to update these forward-looking statements at some point in the future, they specifically disclaim any obligation to do so, unless required by applicable securities laws. Accordingly, undue reliance should not be placed upon these statements.

In addition, statements that "we believe" and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this communication, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

HKTB Presents "Hong Kong Wine & Dine Festival" and "Hong Kong Gourmet Month" Under the Theme "Taste the World's Best"

Fri, 09 Oct 2026 07:25:00 +0700

HONG KONG, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Organised by the Hong Kong Tourism Board (HKTB) and co-organised by the Conseil Interprofessionnel du Vin de Bordeaux (CIVB), the annual flagship event "Hong Kong Wine & Dine Festival" will take place for four consecutive days from 29 October (Thursday) to 1 November (Sunday) at the Central Harbourfront Event Space and Tamar Park under the theme "Taste the World's Best". The excitement extends far beyond the four days.

To amplify the benefits of the mega event and sustain the festive momentum, HKTB will roll out "Hong Kong Gourmet Month" throughout November, along with exclusive ticket stub offers, to attract more visitors to Hong Kong and drive tourism spending.

Dr Peter Lam, Chairman of HKTB, said, "I would like to express my heartfelt gratitude to our lead sponsor, American Express, as well as EcoCeres, Cathay, and all our sponsors, partners including Henderson Land Development and Maxim's Group, exhibitors, and the food and beverage industry for their steadfast support. Together, we have built this internationally renowned flagship event for Hong Kong ? the 'Hong Kong Wine & Dine Festival'. This year, in addition to presenting the strongest-ever line-up for the Festival, HKTB will launch 'Hong Kong Gourmet Month' in November. Starting from late October, a series of wine and dine experiences will run throughout the month, giving both locals and visitors the opportunity to 'Taste the World's Best'. From world-class wines and top-rated cuisine to creative 'Only in Hong Kong' culinary delights and a host of limited-time experiences, everyone can immerse themselves in Hong Kong's vibrant dining scene day and night. Through these initiatives, we aim to encourage visitors to stay longer and spend more, creating additional business opportunities for the trade."

Hong Kong Wine & Dine Festival Elevated in Scale and Experience

Featuring More Exceptional Flavours from Around the World

This year's Festival returns on an even grander scale, with more than 340 booths, an increase of over 10% from last year, and the event footprint extending to Tamar Park. The Festival brings together fine wines and delicacies from around 31 countries and regions, pavilions from numerous countries and wine regions, including Australia, Canada and South Korea, which are making their debut. From rare vintages of world-renowned wine regions to top culinary masterpieces crafted by international celebrity chefs, award-winning restaurants and star-rated hotels, locals and visitors can savour the world's best flavours under the starlit sky of Victoria Harbour. For the first time, the Festival will introduce a series of limited-edition, expert-led guided tours and tasting experiences, enabling guests to easily learn about wine characteristics and food and wine pairings. In addition, on Friday and Saturday evenings, the Festival will extend its opening hours until 1am for the first time, allowing locals and visitors to raise a glass and enjoy the festivities to the fullest.

Highlight 1: Savour World-Class Wines and Cuisine

Grand Wine Pavilion: A Gathering of Rare and Prestigious Wines

The "Grand Wine Pavilion" will feature rare and prestigious wines from the world's foremost wine-producing regions, curating an extraordinary tasting experience for guests. The French line-up is particularly dazzling. In addition to returning selections from top Bordeaux ch?teaux, including renowned bottles such as Ch?teau Lafite Rothschild 2016, the pavilion will also feature Mouton Rothschild Pauillac 1er Cru 1982, a prized wine from one of Bordeaux's First Growth estates and the legendary 1982 vintage, offering wine lovers the chance to savour the remarkable charm of this classic vintage. Additionally, from the world-famous Burgundy region come an array of rare and sought-after Burgundian gems, including the highly coveted Clos de B?ze from Domaine Armand Rousseau, a wine highly prized by collectors. Wine lovers can appreciate the distinctive terroirs and charms of France's two most revered wine regions in one location.

The Grand Wine Pavilion will also present exceptional labels from Spain, Italy, Chile and other renowned wine regions, featuring collector-grade vintages and rare large-format bottles to broaden visitors' tasting horizons. Several standout bottles recommended by experts include:

Vega Sicilia ?nico 2015, from Spain's Ribera del Duero, widely acclaimed as the "King of Spanish Wines".

Biondi-Santi Brunello di Montalcino Riserva 2013, from Tuscany, Italy, crafted by the national treasure estate Biondi-Santi as an exemplar of the winery's mastery, and

Chilean icon VI?A VIK VIK, presented in a rare 6-litre Imperial bottle, displaying exceptional maturity and complexity honed by time.

Star-Studded Gourmet Offerings Assemble Culinary Masters

1. "AMEX GOURMET CLUB" Leads the Feast with 15 Stars and 5 Diamonds

Sponsored by American Express, the "AMEX GOURMET CLUB" will bring together a line-up of the city's Michelin-starred, Black Pearl-awarded and acclaimed dining establishments, with a combined total of 15 Michelin stars and 5 Black Pearl Diamonds. Guests can savour celebrated signature dishes from multiple star-rated establishments in one place, as the club brings Hong Kong's finest dining to the Victoria Harbourfront.

2. 26 Luxury Hotels Present Limited-Edition Culinary Delights

This year, Hotel Boulevard will gather a total of 26 prestigious hotels at the Central Harbourfront, each serving up its signature dishes, including Hong Kong-style satay beef bun from Kowloon Shangri-La and signature Pandan Cake with Coconut Ice Cream from The Fullerton Ocean Park Hotel Hong Kong. Locals and visitors can savour signature treats from the city's top hotels without having to travel all over the city.

The Marriott Bonvoy will join forces with 14 of its Hong Kong hotels for its largest-ever presence at the Festival. Celebrity chefs and mixologists will team up to create artisanal dishes, limited-edition cocktails and dining experiences that offer a creative take on Hong Kong's diverse food culture.

3. "Tasting Room" Presents Limited 10-Hand Collaborative Feast

Under the theme "Taste of Time", the "Tasting Room" will bring together five leading chefs from Hong Kong, the Chinese Mainland and overseas to present an all-new, 10-hand collaborative banquet. Through a multi-course menu, the chefs will interpret stories of time and taste, creating a limited-edition dining experience found only at the Festival.

The Festival will also feature "CHOI. x VOON", a four-hand collaborative lunch by Culinary Class Wars star chef Choi Hyun-seok and acclaimed Singaporean chef Edward Voon, along with the "Cheesy & Cheers" brunch and the "Eat & Beat HK Remix" party, offering vibrant social gathering experiences tailored for diverse tastes.

The Chef line-up for "Taste of Time" at the "Tasting Room" includes:

Edward Lee
Korean-American culinary master, 1st runner-up (White Spoon) in Netflix's Culinary Class Wars

Yoda Chen Zhiping
Shanghai Michelin-starred chef, ranked No. 6 in Asia's 50 Best Restaurants

Lau Yiu-fai
Executive Chinese Chef helming Hong Kong's two-Michelin-starred Lai Ching Heen

Thierry Marx
Celebrated French Michelin-starred chef and culinary innovator

Justin Yang Yanbin
Chef renowned for blending traditional and creative Chinese cuisine, 1st runner-up in The Divine Dish

Highlight 2: Creative "Only in Hong Kong" Flavours Make Their Debut

This year's Festival will also present a series of distinctively local "Only in Hong Kong" flavours, reinventing classic Hong Kong tastes through unexpected combinations. Highlights include cross-generational collaborations between local brands. One example pairs traditional soy milk with creative contemporary dessert techniques to craft a rich, aromatic Black Sesame Soy Milk Pudding Tart. Infusing traditional local flavours with new-generation creativity, this creation showcases the vibrant fusion of old and new in Hong Kong's culinary culture.

A host of playful, limited-edition offerings will also debut, including Popping Salted Lemon 7-Up cocktails in four fruity flavours, with popping candy for added fun; Bella Spritz, featuring milk foam dusted with salted fish powder; Mei Kuei Lu (Rose Liqueur) Handcrafted Liqueur Chocolate; and Golden Lemon with Coriander Craft Sake. These offerings weave familiar, beloved Hong Kong flavours into contemporary culinary and mixology concepts. As tradition and modern trends spark fresh inspiration, they create flavours that can truly be savoured "Only in Hong Kong".

Marking the 50th anniversary of Henderson Land Development and the 70th anniversary of Maxim's Group, both conglomerates, deeply rooted in Hong Kong, will leverage this international festival stage. Gathering their subsidiary and partner dining brands, they will present limited-edition anniversary gourmet treats. Through fine wine and food, they will share stories of growing hand in hand with Hong Kong, illustrating the enduring vitality of the city's dining culture, where heritage and innovation thrive side by side.

Highlight 3: Discover Exclusive and Extraordinary Experiences

Inaugural Wine Walk

This year, the Festival will introduce guided Wine Walk tours for the first time, featuring three distinctive themed routes. "Route 1: The Cabernet Empire: A Global Journey" takes participants from Bordeaux in France, and Chile to Shangri-La in China. Paired with a selection of richly flavoured meat delicacies, the wine reveals how the same grape variety expresses its own character in different terroirs. "Route 2: The Heritage Legends: Classic Terroirs" focuses on Ch?teauneuf-du-Pape in France, Brunello di Montalcino in Tuscany, Italy, and Germany's top Pinot Noir regions. Paired with distinctive Hong Kong-style savoury bites, the wines reveal the timeless charm of these Old World classics. The playful "Route 3: Beyond the Rules - An Unexpected Wine & Food Pairing Tour" breaks with convention, matching Bordeaux orange wine, tropical Thai Viognier and high-altitude Yunnan wine with creative Hong Kong-style snacks. Participants can learn as they sip, picking up pairing techniques with ease while discovering delightful flavour surprises. Interested guests can register on-site at the designated "Wine Walk Booth".

The Festival will also host more than 20 masterclasses and expert tasting sessions. Wine experts and industry representatives will share professional insights and captivating stories behind each wine from a range of perspectives, from regional characteristics, aromas and palate to winemaking techniques and wine styles. Whether guests are wine beginners looking to pick up the basics with ease or seasoned enthusiasts seeking to explore distinctive labels and inventive pairings in depth, they can tailor their experience by selecting Wine Walk routes or expert tastings that suit their interests and tastes. Interested guests can register on-site at the "Grand Wine Pavilion".

Sunset Party: Savour Limited-Edition Rare Vintages

The Festival will host a "Sunset Party" at 5:45pm on 29 and 30 October, inviting guests to raise a glass against the breathtaking panorama of Victoria Harbour. Festival-goers can register on-site and gather at the Main Stage to enjoy complimentary tastings of limited-edition rare vintages in the glow of the setting sun, exchanging tasting notes and insights with fellow wine lovers.

Non-Alcoholic Experiences Cater for Diverse Needs

In addition, the Coffee Village, located in Tamar Park near the Admiralty entrance, will serve specialty coffees and other distinctive non-alcoholic beverages, catering for different palates.

New Sustainability Initiative: Turning Waste into Energy

This year's Festival also introduces a sustainability initiative. HKTB is partnering with EcoCeres, a renewable fuels technology company incubated in Hong Kong and the world's second largest sustainable aviation fuel (SAF) producer, to bring the "From Plate to Plane" concept to life. For the first time, used cooking oil will be collected on-site during the Festival and converted into sustainable aviation fuel (SAF), giving participants an opportunity to learn about and take part in the recycling of food resources while enjoying the event.

"Hong Kong Gourmet Month" Takes the Baton in November with Ticket Stub Offers to Extend Tourism Spending

Immediately following the Festival, HKTB will roll out "Hong Kong Gourmet Month", joining hands with restaurants and bars across the city to present limited-edition gourmet dishes, unique experiences and dining discounts throughout November. This initiative aims to attract locals and visitors alike, driving spending across the food and beverage sectors. Festival-goers can also present their ticket stubs to enjoy exclusive offers at selected restaurants, retailers and business associations, including special privileges offered by the T-Central Strategic Development Association. In addition, HKTB will launch a "Hong Kong Late-Night Dining Guide", highlighting the city's vibrant after-dark dining hotspots. The guide allows visitors to immerse themselves in Hong Kong's dynamic food and drink scene round the clock, encouraging them to stay longer and spend more.

Details on participating restaurants and bars, limited-edition menus, ticket stub offers, redemption methods and other activities will be announced in due course.

Hong Kong Wine & Dine Festival Ticketing and Opening Arrangements

Starting today, eligible American Express Cardmembers enjoy exclusive priority booking on Trip.com and discount offer on Grand Wine Pass. Tasting Passes, Grand Wine Passes and tickets for the Tasting Room's "Taste of Time" banquet and other dining events will be available for public purchase from 12 October. Trip.com ticketing website: https://hk.trip.com/w/winendinehk

"Hong Kong Wine & Dine Festival" Opening Hours

Event Opening Hours
29 October (Thursday)	7:30pm - 12 midnight (Last entry is 30 minutes before closing time)
30 October (Friday)	1:00pm - 1:00am (Last entry is 60 minutes before closing time)
31 October (Saturday)
1 November (Sunday)	1:00pm - 12 midnight (Last entry is 30 minutes before closing time)

For details, please visit https://www.discoverhongkong.com/eng/events/wine-dine-festival.html

"Hong Kong Wine & Dine Festival" Ticket Information

Admission Ticket	HK$40 per person*
Tasting Tokens	HK$25 each

* For persons aged 12 or above. Concessionary half-price admission of HK$20 per person is available for children aged 3 to 11, seniors aged 65 or above, full-time students and persons with disabilities.

Tasting Room Ticket Information
Tickets will be available for public purchase from 12 October: https://tastingroom.discoverhongkong.com/

	Activities	Price
"Taste of Time" 10-Hand Collaborative Feast	30 ctober (Friday) *7:30pm	HK$2,380 per person
"CHOI. x VOON" Four-Hand Collaborative Luncheon	31 ctober (Saturday) *1:15pm - 3:30pm	HK$1,580 per person
Sunday Cheesy & Cheers	1 November (Sunday) *1:15pm - 5:30pm (two sessions in total, each lasting 1 hour and 45 minutes).	Minimum spend: HK$200 per person (Add HK$100 to enjoy free-flow selected wines.)
HK Remix - Eat & Beat	1 November (Sunday) * 7:30pm - 10:30pm	HK$780 per person

Ticketing Options and Privileges at a Glance
Starting on 12 October, locals and visitors can purchase the Grand Wine Pass or Tasting Pass, inclusive of admission, at online promotion prices on Trip.com. Meanwhile, eligible American Express Cardmembers can enjoy priority advance booking on Trip.com from 7 to 11 October. Details are as follows:

Pass Type	Package Inclusions	7-11 October	12 October -	29 October-
Pass Type	Package Inclusions	American Express Priority Booking*	1 November Trip.com Online Price	1 November On-Site Ticket Purchase
Grand Wine Pass	* 16 Tasting Tokens	Special price at HK$508	HK$558	HK$558
	* 1 Grand Wine Glass	(Admission included)	(Admission included)	(Admission ticket to be purchased separately)
	* Grand Wine Pavilion Access
	* Coupon Booklet
	Total Value: HK$900
Tasting Pass	* 8 Tasting Tokens	HK $258	HK$258	HK$258
	* 1 Standard Wine Glass	(Admission included)	(Admission included)	(Admission ticket to be purchased separately)
	* Coupon Booklet
	Total Value: HK$400
American Express Cardmember Privileges*:
* Dedicated on-site ticketing lane and self-service Tasting Token top-up kiosks
* 20% savings on on-site purchases of additional Tasting Tokens

*Exclusive AMEX GOURMET CLUB Dining Privilege available with net spending of HK$200 or above onsite on the same day in a single transaction. For more details: go.amex/2026wndfoodperks
*For Cardmembers who settle the payment in full with an American Express Card issued by American Express International, Inc. For more details: go.amex/2026wndgwpntoken

Notes:
* Admission tickets are not sold separately on Trip.com.
* Guests may also purchase a standard wine glass at the venue entrance at a discounted price of HK$60.

Members of the media can download the press release and photos from the following links:

Malaysia Secures 20 Recognitions, Including Eight Category Wins, At ASEAN Energy Awards 2026

Fri, 09 Oct 2026 07:15:00 +0700

MANILA, PHILIPPINES - Media OutReach Newswire - 8 October 2026 - The Ministry of Energy Transition and Water Transformation (PETRA) extend its warmest congratulations to the Malaysian organisations that excelled at the ASEAN Energy Awards (AEA) 2026. Malaysia secured twenty (20) regional recognitions, comprising eight (8) Winners, seven (7) First Runners-Up and five (5) Second Runners-Up.

This represents an improvement over Malaysia's performance in 2025, when the country received 16 recognitions, including six category wins. The stronger performance in 2026 demonstrates the growing capabilities of Malaysian organisations in implementing energy efficiency and renewable energy solutions.

The recognitions were conferred under the ASEAN Energy Efficiency and Conservation Best Practices Awards and the ASEAN Renewable Energy Project Awards. The Malaysian recipients were recognised for projects involving energy-efficient and green buildings, biogas, solar and micro-hydro, as well as emerging technologies such as green hydrogen, waste-to-energy and battery energy storage systems (BESS).

Prior to stepping onto the regional stage at AEA 2026, these organisations were first recognised for their achievement at the national level through National Energy Awards.

The National Energy Awards (NEA) serves as Malaysia's platform for identifying and recognising organisations with the potential to compete at the ASEAN level. Selected NEA 2026 winners represented Malaysia at AEA 2026 and presented the country's sustainable energy achievements and best practices to the region.

PETRA regards this regional recognition as evidence of the ability of Malaysian industries, businesses and institutions to translate the country's energy transition objectives into practical solutions. It also demonstrates the value of cooperation among the Government, industry and other relevant stakeholders in strengthening Malaysia's energy ecosystem.

The ASEAN Energy Awards 2026 were presented in Manila, the Philippines, in conjunction with the 44th ASEAN Ministers on Energy Meeting (AMEM) and the ASEAN Energy Business Forum (AEBF).

Malaysia's performance at AEA 2026 supports the objectives of the National Energy Policy 2022?2040 and the National Energy Transition Roadmap (NETR) to develop a secure, sustainable and inclusive energy system while enhancing the country's long-term economic competitiveness.

These objectives will also be advanced through the National Energy Efficiency Action Plan 2.0 (NEEAP 2.0) for 2026?2035. The plan targets cumulative energy savings of 815,000 terajoule (TJ) over its 10-year implementation period and is expected to generate approximately RM85 billion in energy savings, attract RM36 billion in private investment and create around 29,000 employment opportunities.

Together with the Energy Efficiency and Conservation Act 2024, NETR and NEEAP 2.0 provide the policy and regulatory foundation to accelerate energy efficiency, encourage investment and innovation, and enhance Malaysia's energy security and economic competitiveness.

PETRA, together with the Sustainable Energy Development Authority (SEDA) Malaysia and other relevant stakeholders, will continue to work with industry to increase the adoption of energy-efficient practices, expand renewable energy deployment, and facilitate innovation and investment in support of Malaysia's energy transition objectives.

PETRA once again congratulates all Malaysian recipients for their achievements and for representing the country with distinction at AEA 2026. Their success reflects the progress of Malaysia's energy sector and reinforces the country's contribution to a secure, resilient and sustainable energy future for Malaysia and the wider ASEAN region.

ASEAN Energy Awards Winner List 2026

	SUB-CATEGORY	NAME OF PROJECT	RANK
	ASEAN Energy Efficiency & Conservation Best Practices Awards
	GREEN BUILDING AWARDS Category
1	Retrofitted Building	Susten Sdn. Bhd. - Gurney Paragon & Hunza Tower	1st Runner Up
2	Retrofitted Building	IEN Consultants Sdn. Bhd. - Menara Great Eastern & Great Eastern Mall	2nd Runner Up
3	Tropical Building	Gamuda Land - Wetlands Arboretum Centre	Winner
4	New & Existing Building	Edgenta Mediserve Sdn. Bhd. - Hospital Cyberjaya	1st Runner Up
5	Small Green Building	Conevo Green Consultancy Sdn. Bhd. - Hwa Hin Office	2nd Runner Up
6	Large Green Building	Edgenta Mediserve Sdn. Bhd. - Hospital Cyberjaya	1st Runner Up
7	Large Green Building	Pantai Bayu Indah Sdn. Bhd. - One Shell Square Miri	2nd Runner Up
8	Green Residential	TKCA Architects Sdn. Bhd. - The Spectrum House	Winner
9	Green Residential	BGreen Associates Sdn. Bhd. - 42 Danau Villa	1st Runner Up
10	Zero Energy Building	Conevo Green Consultancy Sdn. Bhd. - Hwa Hin Office	2nd Runner Up

	ASEAN Renewable Energy Project Awards
11	Off-Grid Power	TNB GSparx Sdn.Bhd. - Lighting Lives Beyond the Grid: Stand Alone Solar PV-Battery Electrification Empowering Indigenous Community Resilience	2nd Runner Up
12	Off-Grid Thermal	SD Guthrie Renewable Energy Sdn. Bhd. - SDG's Pioneering Co-Firing Biogas Plant Utilising Palm Oil Mill Effluent from Lavang Oil Mill to Improve Boiler Efficiency, Deliver Sustainable Thermal Energy and Enhance Biomass Fuel Usage	1st Runner Up
13	On-Grid Utility Scale	Cenergi FJP - Malaysia's Biggest POME-Based Biogas Plant Integrating Sustainable Practices with Engineering Impact	Winner
14	On-Grid Small Scale	TONIBUNG - Walou Micro: Hydro Solar Hybrid Small Scale, Community Based Renewable Energy Project	Winner
15	On-Grid Self Consumption	IOI Bio-Energy Sdn. Bhd. - Maximising Green Energy Generation	1st Runner Up
16	Biofuel	Johor Plantation Group Berhad - Palm to Pipeline: Biomethane ? Empowering the Nation with Green Gas	1st Runner Up
17	Special Submission - Waste to Energy	Indah Water Konsortium Sdn. Bhd. - Waste to Energy Integration at Langat RSTP: Advancing Carbon Reduction through Anaerobic Digestion and Biogas Recovery	Winner
18	Special Submission - Green Hydrogen	Sarawak Energy Berhad - PowerCube Solar Hydrogen System ? Containerised Solar Hydrogen Project, Rumah Bangau, Song	Winner
19	Special Submission - RE Enabler Technology	N.U.R. Power Sdn. Bhd. - Accelerating the Net-Zero Transition: Advancing Renewable Penetration in Industrial Parks Through Smart Battery Energy Storage System (BESS) Microgrid Integration at NUR Power's West Substation in Kulim Hi-Tech Park	Winner
20	National Strategic Excellence	GLT BP Power Sdn. Bhd. - GLT BP Power Centralised Biogas Hub ? Malaysia's First Integrated Multi-Mill POME-to Power Facility	Winner

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

Hashtags: #PETRA

Tune Protect Expands Embedded Travel Protection Offering with Airpaz Across Indonesia, Thailand and the Philippines

Fri, 09 Oct 2026 07:12:00 +0700

(Left to Right) Janet Chin, Chief Executive Officer of Tune Protect Re and Wesley, Chief Partnership Officer of Airpaz

Building on its Malaysia launch last year, the expanded partnership makes travel insurance more accessible by embedding protection into the flight booking journey across four markets.

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 October 2026 - Tune Protect Group Berhad ("Tune Protect" or "the Group"), through its reinsurance arm Tune Protect Re ("TPR"), has expanded its partnership with online booking platform Airpaz to offer embedded travel insurance solutions across Indonesia, Thailand and the Philippines, following the successful launch of the offering in Malaysia last year.

The regional expansion makes travel protection more accessible to customers by seamlessly integrating insurance into their flight booking journey.

The partnership forms part of Tune Protect's regional growth strategy to expand its travel insurance footprint across key digital travel ecosystems in Asia, leveraging its travel expertise and regional partnerships to reach a broader customer base.

Through the Airpaz platform, travellers can conveniently purchase travel insurance as part of their flight booking experience. The offering is now available across Malaysia, Indonesia, Thailand and the Philippines, four key Southeast Asian travel markets with strong digital adoption and growing demand for accessible travel protection.

The offering is supported by Tune Protect Re, working with Tune Protect Malaysia as its insurance partner in Malaysia, alongside regional insurance partners Oona Insurance Indonesia in Indonesia, Krungthai Panich Insurance in Thailand, and Pioneer Insurance & Surety Corporation in the Philippines. Together, these partnerships bring regional expertise and travel insurance capabilities to deliver seamless protection solutions to travellers across these markets.

As travellers increasingly seek convenient and digital-first solutions, embedded insurance continues to gain traction as a seamless way to access protection. The integration allows customers to obtain coverage instantly during the booking process, with digital policy issuance, easy access to policy information, and convenient claims support, delivering a seamless digital first experience for travellers.

"Following its activation in Malaysia, the offering has expanded into Indonesia, Thailand and the Philippines, strengthening Tune Protect's regional presence and supporting our growth strategy. These markets are important to us given their larger and growing traveller populations, strong digital adoption and increasing demand for travel protection. Through collaborations with trusted partners across the travel ecosystem, we remain focused on broadening access to travel protection and delivering solutions that meet the evolving needs of travellers across Southeast Asia," said Janet Chin, Chief Executive Officer of Tune Protect Re.

Janet added, "At Tune Protect Re, we believe travel protection should be a natural extension of the travel booking journey. By integrating insurance directly into the Airpaz platform, we are making it easier for travellers to access protection when planning their trips, helping them travel with greater confidence and peace of mind. We also see opportunities to further strengthen this collaboration in other markets across the region as we continue to support a more connected and protected travel experience."

"Through this partnership, we are enhancing the overall travel booking experience by offering customers an easier and more convenient way to access the travel protection directly on our platform," said Wesley, Chief Partnership Officer of Airpaz. "As travellers increasingly seek integrated solutions that offer both convenience and peace of mind, this partnership allows us to deliver greater value throughout the travel booking journey."

Customers can purchase travel insurance directly during the flight booking process on the Airpaz website or mobile application. Policies are issued instantly, with coverage details readily available in digital format. The offering is complemented by customer service, digital self-options, and claims support channels designed to assist travellers throughout their journey.

For more information on the travel insurance products available through this partnership, customers may visit Airpaz Malaysia at https://www.airpaz.com/ms, Indonesia at https://www.airpaz.com/id, Thailand at https://www.airpaz.com/th or the Philippines at https://www.airpaz.com/tl during the booking process or refer to www.tuneprotect.com for coverage details and policy information.

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Asia's No. 1 business school uses AI to sharpen judgement in leaders

Fri, 09 Oct 2026 07:07:00 +0700

Dr. Emir Hrnjic, Senior Lecturer in Finance, NUS Business School (fifth from left), at a media engagement with Indonesian media in Singapore.

SINGAPORE - Media OutReach Newswire - 8 October 2026 - As businesses across Indonesia and Southeast Asia accelerate their use of artificial intelligence (AI), NUS Business School is exploring a different question: as AI gets better at providing answers, how can leaders get better at asking questions?

For more than a century, case-based learning has put students in the shoes of business leaders by giving information they need to analyse a problem, and then ask them how they would solve it.

Now, artificial intelligence (AI) is changing what it means to solve a case. Since January 2026, NUS Business School has been piloting an AI-enabled approach in which students are given an AI-simulated problem where they must determine what information they need, decide whom to ask, evaluate the answers they receive and make a recommendation under uncertainty.

The simulation is built on ScholAIstic, a generative AI platform developed by the NUS AI Centre for Educational Technologies (AICET) to support roleplaying and simulation-based learning.

Dr Emir Hrnjić, a Senior Lecturer in Finance at NUS Business School, has been working with AICET to adapt and refine these capabilities for management education, developing executive personas around the business case.

To date, the tool has now been used by close to 100 MBA and Executive MBA students across Singapore and Jakarta, many of whom are senior executives.

Sharpening the human instinct behind good decisions

In the pilot, students interview AI-simulated executives, including a Chief Executive Officer, Chief Financial Officer and Chief Product and Technology Officer, each offering a different perspective to the same business situation. Students must navigate these perspectives, assess the information they gather and reach their own conclusions.

After each interview, students receive personalised feedback on on their questioning, allowing them to reflect and adapt their approach in subsequent interviews.

Dr Hrnjić said: "Students must decide what they need to know, ask the right questions, challenge what they hear and exercise judgement without having the complete picture. The aim is not to replace that human instinct with AI, but to sharpen in by helping students become more discerning about what to ask and trust. That is much closer to how leaders make decisions in the real world."

Early findings suggest that effective use of AI is not about asking more questions but about asking the right ones. Analysis of interview transcripts showed found that stronger interviews had more targeted questions, follow-ups and adaptation as new information emerged, rather than simply working through a prepared list.

The findings point to a broader role for generative AI in management education. Rather than using AI primarily to search for information or generate answers, the technology can recreate the real-world scenarios, sharpening executives' judgement to better navigate uncertainty and competing perspectives they face in real organisations.

NUS Business School sees potential for similar AI-simulated tools to be applied to other areas of business education where students need to question stakeholders, negotiate competing interests and make decisions under uncertainty. The ambition is to move beyond the largely static information environment of the traditional case towards a dynamic one where students actively acquire information, pursue emerging lines of inquiry, challenge assumptions and exercise judgement as the problem unfolds.

The simulation is one part of NUS Business School's broader approach to integrating AI into education. The school is exploring how AI can enhance, rather than replace, meaningful learning, thereby helping students develop the judgement, critical thinking and adaptability needed to navigate an increasingly AI-enabled workplace.

This becomes increasingly important as AI takes on a greater role in business. Companies across Asia, including Indonesia, are rapidly adopting AI across their operations, making the ability to question and assess AI-generated information an increasingly important leadership skill. For Indonesia, the economic stakes are significant. A 2020 study by Kearney and EDBI projected that AI could contribute US$366 billion to the country's GDP by 2030, equivalent to 12 per cent of projected GDP.

About National University of Singapore (NUS)

The National University of Singapore (NUS) is Singapore's flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 15 colleges, faculties and schools across three campuses in Singapore, with more than 40,000 students from 100 countries enriching our vibrant and diverse campus community. We have also established around 15 NUS Overseas Colleges entrepreneurial hubs around the world.

Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, research centres of excellence, corporate labs and more than 30 university-level research institutes focus on themes that include energy; environmental and urban sustainability; treatment and prevention of diseases; active ageing; advanced materials; risk management and resilience of financial systems; Asian studies; and Smart Nation capabilities such as artificial intelligence, data science, operations research and cybersecurity.

For more information on NUS, please visit nus.edu.sg.

About NUS Business School

With 50,000 alumni and 60 global chapters, the National University of Singapore (NUS) Business School is known for providing management thought leadership from an Asian perspective, enabling its students and corporate partners to leverage global knowledge and Asian insights.

The school has consistently ranked first in Asia by independent publications and agencies, such as The Financial Times and Quacquarelli Symonds, in recognition of the quality of its programmes, faculty research and graduates.

The school is accredited by AACSB International (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), endorsements that the school has met the highest standards for business education.

For more information about NUS Business School, please visit bschool.nus.edu.sg.

To discover our MBA, MSc or Executive Education courses, visit https://mscbiz.nus.edu.sg/, https://mba.nus.edu.sg/ or https://executive-education.nus.edu.sg/

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Allianz: Companies Experience Sharp Increase in Business Interruption Losses

Fri, 09 Oct 2026 06:58:00 +0700

*Average business interruption claim exceeds EUR850,000, around 70% higher than the average associated property damage claim.

*Fire and explosion accounts for more than 40% of the total value of claims analyzed.

*Non-natural catastrophe activity generates 74% of claims and 66% of total claim value, while natural catastrophe claims are becoming increasingly long-tailed.

SINGAPORE - Media OutReach Newswire - 8 October 2026 - Companies are increasingly at risk from surging business interruption losses due to concentrated production, fragile supply chains, geopolitical tensions, inflation, and growing technology dependencies.According to a new analysis from Allianz Commercial, the average total value of a business interruption claim now exceeds EUR850,000.

This is around 70% higher than the corresponding average property damage claim of close to EUR500,000, demonstrating that the financial consequences of being unable to operate can substantially exceed the cost of repairing the damage that caused the disruption.

The report analyzes 7,888 business interruption insurance industry claims with a total value of approximately EUR6.74bn, or US$7.82bn, from January 1, 2021, to December 31, 2025. Although claims frequency has remained relatively stable, the average value of claims increased by over 30% annually during the past two years.

"Business interruption and supply chain risk remains elevated and volatile. The operating environment is challenging with geopolitical tensions, trade fragmentation, cyber-related incidents, and growing dependency on technology such as artificial intelligence (AI). The scale of physical damage alone no longer determines the ultimate cost of a business interruption. Even a relatively contained incident can have consequences across production networks, customers and markets. Businesses therefore need to identify and better understand not only their own critical assets, but also those of the suppliers, technologies and infrastructure on which their operations depend," says Thomas Lillelund, CEO of Allianz Commercial.

Fire is the dominant cause of loss

Fire and explosion is the costliest cause of business interruption claims, accounting for more than 40% of the total value analyzed, equivalent to approximately EUR2.9bn, or US$3.3bn. Fire was responsible for nine of the 10 costliest man-made business interruption events in the dataset and was the most expensive cause of loss in markets including Germany, Singapore, Hong Kong, the UK and the US.

One case illustrates how losses can escalate beyond the original incident: a fire at a small manufacturing unit caused relatively limited physical damage but severely disrupted downstream operations, ultimately resulting in a nine-figure group-wide business interruption loss. Natural catastrophes are the second-costliest cause, representing 34% of the value of claims analyzed, and the most frequent, accounting for 26% of claims. Together, fire and explosion and natural catastrophe events generated more than 75% of total claim value.

However, events that do not involve natural catastrophe activity remain the principal overall business interruption loss driver, accounting for 74% of claims and 66% of their total value.

Recovery is taking longer and costing more

Some natural catastrophe claims are developing over increasingly long periods. Two years after Hurricane Helene in September 2024, many associated business interruption claims remained unresolved, not due to coverage issues, but because affected companies had not yet fully recovered. Supply chain delays, labor shortages, and volatile material costs can extend both recovery and settlement.

Concentrated production is also amplifying losses. Industries can depend on a limited number of specialist sites, suppliers or regions for critical materials and components, allowing a fire, cyber incident or extreme weather event at one location to cascade through global supply chains. The two costliest non-natural catastrophe events in the analysis involved fires at semiconductor factories.

Underinsurance also remains a key risk as declared values can be inadequate due to factors such as inflation, highlighting the importance of regular review to ensure it reflects current operating conditions.

"What we increasingly see in Asia is that the size of a business interruption loss is often determined less by the initial event and more by the speed at which an organization can recover. Whether the trigger is a fire, flood, equipment failure or disruption at a key supplier, businesses operating in highly interconnected supply chains can face prolonged operational and financial consequences.

"Businesses should also regularly review their declared values and business interruption exposures to ensure they accurately reflect current revenues, costs and operating conditions. Inflation, supply chain disruption and longer recovery periods have increased the risk that declared values may no longer be adequate when a major loss occurs. The most resilient companies are those that understand their critical dependencies in advance and have practical recovery plans that can be activated immediately," adds Charlotte Field, Regional Head of Short-tail Claims at Allianz Commercial Asia.

Cyber disruption broadens the risk landscape

While ransomware remains the leading cyber-related cause of disruption, a growing share of loss activity is also being driven by cloud outages, software failures and incidents at third-party technology providers. More than 48,000 outages were tracked across cloud and software services in 2025 alone, highlighting businesses' rising dependence on digital supply chains.

High-profile incidents, including attacks on software providers and logistics platforms, demonstrated how a single cyber event can disrupt thousands of organizations simultaneously. As companies become more reliant on cloud services, AI and third-party technology providers, cyber-related business interruption is becoming a more significant and complex source of loss.

"In today's interconnected economy, preventing business interruption is no longer just about protecting individual sites. While companies have made progress in understanding their supply chain exposures, prevention remains the most effective form of risk management. Investments in fire protection, natural catastrophe resilience, cyber preparedness and business continuity planning can make a meaningful difference to both the duration and severity of a business interruption loss. Even relatively modest investments can significantly reduce the impact of disruption when it occurs," explains Alberto Barani, Business Interruption Group Leader, Risk Consulting at Allianz Commercial.

About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world's largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions.

Powered by the employees, financial strength, and network of the world's #1 insurance brand, we work together to help our customers prepare for what's ahead: They trust us in providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.

Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around ?17.3 billion in gross premium globally. https://commercial.allianz.com/

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Deloitte India and Avolution announce strategic alliance to advance enterprise architecture and AI governance

Fri, 09 Oct 2026 06:48:00 +0700

NEW DELHI, India, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Deloitte India and Avolution today announced a strategic alliance to help organisations strengthen enterprise architecture capabilities and make more informed technology and transformation decisions through Avolution's ABACUS platform.

Under the alliance, Deloitte will lead the implementation of ABACUS, leveraging its technology strategy and transformation expertise to help clients address the growing complexity of modern technology environments while accelerating AI adoption and innovation.

Through ABACUS, Deloitte will help organisations build a connected view of their business and technology landscape, bringing together applications, data, technology and AI capabilities to support transformation decisions. Its adaptive enterprise modelling and impact analysis capabilities support Deloitte to assess dependencies and the potential risk and delivery implications of change, while its AI governance capabilities help organisations track AI model usage, risk and compliance across the enterprise.

Through this combination, Deloitte will bring greater visibility into complex technology environments and apply these insights across transformation programmes.

By bringing in Enterprise Architecture, business transformation, operating model design and technology advisory capabilities to the alliance, Deloitte will help enable clients to integrate architecture insights into broader transformation programmes. This multidisciplinary approach will help CIOs and business leaders connect technology priorities with business strategy, optimise technology investments and strengthen governance as they modernise their organisations and scale AI.

Speaking about the alliance, Aakash Tyagi, Deloitte Partner ? Technology Strategy & Transformation said, "As organisations accelerate digital transformation and AI adoption, enterprise architecture is becoming a critical enabler of business agility and technology modernisation. Through our alliance with Avolution, we are combining Deloitte's technology strategy and transformation capabilities with the power of the ABACUS platform to help organisations address technology debt, strengthen AI governance and make more informed investment decisions. Together, we are helping clients unlock greater value from their technology ecosystems and drive sustainable, technology-led growth."

Richard Ward, CEO, Avolution said. "Every organisation wants to move faster with AI, but you cannot automate what you cannot see. Deloitte's delivery expertise combined with the ABACUS platform gives even the most complex global enterprises a clear view of their technology landscape, enabling them to retire legacy constraints, optimise investments and build the foundations for an agentic future."

The alliance will initially focus on banking, insurance and financial services organisations across South Asia, with India serving as the lead market. Looking ahead, Deloitte India and Avolution will expand the joint offering through industry-specific business architecture frameworks, enhanced enterprise transformation capabilities and integrated value realisation services. The alliance will also explore opportunities across government, healthcare, telecommunications, manufacturing and energy, alongside broader regional engagements and co-innovation, to help organisations strengthen governance, and deliver measurable business outcomes.

About Avolution

Avolution is a leading provider of Enterprise Architecture solutions. Our modelling, visualization, and analytics tools help global organizations execute strategic transformation initiatives, drive business change, and manage AI governance. Avolution serves enterprise customers across banking and finance, government, utilities, resources, and manufacturing.