PANAMA CITY, PANAMA - Media OutReach Newswire - 14 May 2026 - Fuutura has introduced a unified trading protocol that combines self-custody, on-chain identity, and access to multiple asset classes within one connected architecture. At the centre of the design sits a single rule: each user verifies once, holds their own keys throughout, and operates independently across every product the platform offers.

Where much of the crypto industry has pursued visibility through disconnected tools running on competing chains, Fuutura has worked outside the spotlight for years. The team has been engineering the foundational infrastructure required to deliver financial access to the billions whose participation has been blocked by the legacy system.

The launch brings three products to market under the Fuutura name. Fuutura Identity, Fuutura Wallet, and Fuutura Trade have each been designed to stand alone while reinforcing the capabilities of the others.

Fuutura Trade has been described by the team as the trading layer crypto has spent fifteen years trying to build. The protocol is non-custodial and multi-chain, engineered for traders unwilling to compromise on architecture. On-chain execution. Cross-chain liquidity. A revolutionary single environment for the full range of on-chain digital assets: cryptocurrencies, stablecoins, governance and utility tokens, liquid staking tokens, wrapped assets, LP tokens, and other digital and tokenised assets. The protocol already knows the trader is verified, recognises the keys they hold, and trusts them to act on their own behalf.

No platform-managed orderbook. No off-chain matching. No third party with the keys.

The protocol works for the trader. Not the venue. Not the custodian. Not the intermediary.

That's the difference.

"We didn't set out to build another exchange. We set out to build the trading layer that's missing from crypto. Non-custodial, on-chain, multi-chain, with identity attestation handled at the protocol layer rather than at every product. Once you build that architecture, the rest of the ecosystem becomes possible. Wallet, Identity, Trade. They all run on the same foundation, and that's why the protocol can recognise the user and trust them to act on their own behalf without intermediaries getting in the way," said Ellis McGrath, Co-founder and Chief Technology Officer of Fuutura.

The Fuutura Identity product sits beneath the wider ecosystem as its trust layer. Verification runs through biometric authentication and liveness detection, paired with document recognition and AML screening, before producing an on-chain attestation linked directly to the user's wallet. That attestation is then recognised across every product Fuutura operates. A single verification covers all subsequent interactions, with compliance happening within the protocol rather than at the entry to each individual product.

This is what gives Trade the ability to identify its user without running KYC a second time. It is also what allows Wallet to function with no intermediary involvement. Identity becomes the architecture itself.

Fuutura Wallet sits at the centre of the ecosystem as its custody and control layer. The wallet is non-custodial and multi-chain. Users retain their keys, direct the movement of their assets, and authorise their own transactions. It operates across blockchains and serves as the entry point to every Fuutura product, without surrendering custody to a third party at any stage.

The principle is simple: ownership is not delegated.

"The promise of crypto has always been that users could participate in finance without giving up custody, identity, or access. The reason that promise hasn't delivered is that the architecture wasn't there. Identity, custody, and execution have lived in separate places, and the user has paid the cost. Fuutura is being built so they live in one place, at the protocol layer, where they belong," said Oliver Cook, Co-founder of Fuutura.

Three products are ready for launch. Additional products are under active development, each engineered to broaden identity usage, deepen wallet integration, and expand the reach of the ecosystem as Fuutura scales.

This is the broader vision Fuutura is working toward: a compliance-first financial ecosystem designed to deliver inclusion at a global scale, with the user positioned at its centre.

Digital asset risk.

Digital assets are high-risk and their value may fall as well as rise. Trading digital assets involves significant risk and may not be suitable for all investors. Past performance is not a reliable indicator of future results.

Forward-looking statements.

This document contains forward-looking statements regarding Fuutura, its technology, products, business plans and future conduct, including statements relating to the phased rollout of the ecosystem, regulatory engagement and licensing outcomes, geographic expansion, and market ambitions. Forward-looking statements are identifiable by words such as "building," "plans," "intends," "expects," "designed to," "anticipates" and similar expressions, as well as by statements regarding future outcomes, ambitions or strategic direction.

Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that could cause actual outcomes to differ materially from those expressed. These include, without limitation, changes in the regulatory environment across jurisdictions; the availability and timing of licensing or authorisation; developments in digital asset markets; technological and cybersecurity risks; operational risks; counterparty and third-party risks; the pace of product development; and other factors beyond Fuutura's control.

No offer or advice.

Nothing in this document constitutes an offer to sell, a solicitation to purchase, investment advice, or a recommendation in respect of any digital asset, crypto-asset, token, security, or financial product or instrument. Fuutura's products and services may not be available in all jurisdictions and may be subject to regulatory restrictions. Access to Fuutura's platform is restricted to residents of jurisdictions where its services are permitted.

No duty to update.

Fuutura undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Restricted Jurisdictions.

NOT FOR DISTRIBUTION TO, OR USE BY, PERSONS IN RESTRICTED JURISDICTIONS.

This communication is directed exclusively at persons outside, and must not be acted upon by any person in or resident of, the United Kingdom, the European Union or European Economic Area (including Iceland, Liechtenstein and Norway), Switzerland, the United States of America, Canada, Australia, Japan, any FATF-listed high-risk or monitored jurisdiction, or any jurisdiction subject to comprehensive United Nations, European Union, United Kingdom or United States sanctions (the "Restricted Jurisdictions"). It is not an offer, solicitation, inducement or recommendation in respect of any digital asset, token, security or financial product. Fuutura holds no regulatory authorisation in any Restricted Jurisdiction; its products and services are not available to persons in or resident of any Restricted Jurisdiction; and access to Fuutura's platform is restricted at the onboarding and protocol level.

Hashtag: #Fuutura 

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

HONG KONG SAR - Media OutReach Newswire - 14 May 2026 - Cushman & Wakefield, a leading global real estate services firm, has again been recognized at the Asia Pacific Property Awards, scoring six best Five Star Awards plus two "Award Winner" recognitions for outstanding achievements in the Greater China commercial real estate market, highlighting the firm's leading industry position and exceptional service offerings.

Property Agency/Consultancy, China - Five Star Award

Lettings/Rentals Agency, China - Five Star Award

Property Agency/Consultancy Marketing, China - Five Star Award (Project Sine, Capital Markets)

Property Agency/Consultancy Marketing, Hong Kong - Five Star Award (One Causeway Bay, Capital Markets)

Real Estate Agency Marketing, China - Five Star Award (COFCO Qianhai Innovation Center, Shenzhen, Project & Occupier Services)

Real Estate Agent, Beijing Municipality, China - Shanshan Deng - Five Star Award

Real Estate Agency Marketing, China - Award Winner (The Pier Shanghai, Project & Occupier Services)

Real Estate Agent, Shanghai Municipality, China - Amanda He - Award Winner

KK Chiu, International Director and Chief Executive, Greater China at Cushman & Wakefield, said,"We are honored to receive this prestigious recognition for our commitment to performance excellence. These awards highlight our teams' market‑leading expertise and ongoing dedication to delivering outstanding outcomes for clients across the Greater China real estate market."

Francis Li, International Director, Vice President, Greater China, Head of Capital Markets, Greater China, Cushman & Wakefield, added: "We are deeply honored that our Capital Markets team has won the highest honor at the Asia Pacific International Real Estate Awards, with several benchmark projects. This demonstrates the continued preference of capital for high-quality assets, and confirms our team's professional capabilities across regions, asset classes, and the entire lifecycle of our services. Moving forward, we will continue to leverage cross-border resource integration and professional analysis to help build a more efficient and resilient real estate investment ecosystem in Greater China."

Jonathan Wei, President of Project & Occupier Services, China, Cushman & Wakefield,commented, "Congratulations to the team on receiving these top honors at the 2026 Asia Pacific Property Awards. Our focus on delivering comprehensive and diversified real estate brokerage services spans corporate clients, developers, government bodies, real estate investment funds and institutions. Supported by extensive resources and deep market insight, we remain committed to playing an integral role in providing high‑quality brokerage and letting services."

Tony Su, Managing Director, Head of Industrial & Logistics Properties, China, highlighted, "Despite the challenges faced by China's logistics and industrial sectors, our team delivered an exceptional performance in 2025 to receive this recognition at the 2026 Asia Pacific Property Awards. We will continue to leverage our local expertise and global network to provide our clients with high-quality solutions and to drive sustainable development of the industry."

Established in 1993, the Asia Pacific Property Awards (APPA) is part of the global International Property Awards, which celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry. The Awards are judged by an independent panel of over 80 industry experts who evaluate design, quality, service, innovation, originality, and commitment to sustainability.

Hashtag: #Cushman&Wakefield 

The issuer is solely responsible for the content of this announcemen

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 14 May 2026 - The finance industry in Southeast Asia is changing very rapidly, Singapore's long-standing dominance giving way to the emerging technology markets of Indonesia, Vietnam, and the Philippines. Vietnam alone saw domestic securities trading accounts climb to 12.26 million by February 2026, according to VSDC.

Gone are the days when traders used their desktop terminals. Now, all of this can be done through a smartphone. The use of mobile internet increases day by day, owing to cheap smartphones and improved connections. While Singapore and Malaysia have become the leaders in terms of fintech adaptation, countries like Indonesia and Vietnam are predominantly mobile-first.

Moreover, financial literacy increases in the region every single day, particularly when it comes to young generations. As one can see from statistics, in the Philippines, for example, the proportion of retail investors aged 18?29 equals 26.5%. In Indonesia, over half of all 16.2 million registered investors are under 30.

Factors Driving the Mobile Trading Boom

Here are some factors behind the popularity of mobile trading:

Availability - a trader can start without high capital and expensive equipment;

Speed - instant execution and live updating allow reacting to market shifts rapidly;

Functionality 0 modern applications offer tools such as charts, indicators, and AI support for analysis;

Localization - applications offer local payment methods like GCash, OVO, and GrabPay, as well as language support.

All this makes trading more accessible to the wider community of users.

JustMarkets Meeting the Region's Demands

Brokers have an important part in driving the process. JustMarkets offers all of the advantages described above in its trading app for Southeast Asian clients:

Integrated TradingView charts for in-depth analysis;

Instant and efficient execution even in tough market conditions;

Ability to trade with a leverage of up to 1:3000;

Localized service that offers regional payment options, different language packs, and support 24/7.

JustMarkets delivers the tools and support for traders at every level to trade on their own terms.

New Habits of Traders

Investors in Southeast Asia are mostly mobile-first and rely heavily on technology. This is clearly visible in Thailand, where internet trading now accounts for 24.61% of all stock exchange activity, supported by 6.82 million active online trading accounts as of February 2026. Many traders do not limit themselves to trading only, finding it necessary to combine this activity with entrepreneurship or freelancing.

Also, governments are actively involved in the growth of fintech companies, working on regulating and improving the infrastructure of the industry in the region.

The Next Chapter in Southeast Asia's Trading

Technology will always remain the main driver of trading. Artificial intelligence, automation, and analysis of consumer sentiment will provide personalization of this activity for clients. Blockchain technology and new generation mobile connections will make it much faster and more transparent. This will help traders across Southeast Asia align their financial ambitions with the tools to achieve them.

Risk Warning: Trading financial instruments involves significant risk and may not be suitable for all investors. Market conditions can change rapidly, and losses may exceed deposits. This article is for informational purposes only and does not constitute investment advice.

Hashtag: #JustMarkets  #trading 

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

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 14 May 2026 - Kenanga Futures Sdn Bhd ("Kenanga Futures") is proud to launch its inaugural 2026 campaign, "Shining in Global Futures," running until 31 July 2026. More than just a campaign, this initiative calls on the new-gens of investors to broaden their access to global derivatives markets through selected Chicago Mercantile Exchange ("CME") futures products with lower entry barriers and enhanced learning support.

Powered by interactive tools, strategic insights and guided learning, "Shining in Global Futures" equips participants with practical tools, market insights and guided learning to better understand and navigate global futures trading. Aligned with Kenanga Futures' motto of "Building a Smart Derivatives Trading Community", the campaign combines education, risk awareness and seamless market access to promote confident and responsible engagement in CME-listed derivatives.

"As global markets become increasingly dynamic, navigating volatility requires more than just access, it demands insights, discipline, and confidence. Against this backdrop, 'Shining in Global Futures', aims to make global futures markets more accessible while equipping traders with the K-Economy they need to manage risk and participate more effectively in," said Azila Abdul Aziz, Chief Executive Officer/ Executive Director and Head of Listed Derivatives of Kenanga Futures.

To encourage broader participation, account opening fees during the campaign period are reduced to a nominal RM10, significantly lowering the barrier of entry for newcomers to capitalise on the current market landscape. Participants will also stand a chance to win prizes with a total value of up to RM20,000 across all winners.

The first 20 participants with successful account openings who trade a minimum of 30 CME products will be entitled to RM500 Poh Kong Gold cash vouchers, while the top three traders with the highest trading volumes exceeding 100 CME contracts will be rewarded with a cumulative total of RM9,000 worth of Poh Kong Gold cash vouchers.

In addition, the campaign introduces a virtual trading challenge conducted on the enhanced Kenanga Futures Virtual Trading platform ("KFVT"), which allows participants to experience real‑time market conditions and compete for rewards without incurring actual trading risk. Designed with accessibility in mind, KFVT also provides a practical and engaging entry point for new traders to gain hands‑on exposure, test strategies, and build confidence in navigating global markets. As part of this challenge, the top 10 participants who achieve the highest simulated profits will receive RM100 e‑shopping vouchers.

Looking ahead, Kenanga Futures plans to expand this initiative over the next year with the inclusion of advanced modules, collaborative learning opportunities and partnerships with industry leaders, as it continues its commitment to creating a thriving community of informed, confident and future-ready traders. Visit https://www.kenangafutures.com.my/shining-in-global-futures/ to start your trading journey today.

-Terms and conditions apply.

Hashtag: #KenangaFutures 

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

Singapore's leading fashion label has launched Adyen Giving across all stores islandwide to support local charities under Community Chest

SINGAPORE - Media OutReach Newswire - 14 May 2026 - Adyen, the global financial technology platform of choice for leading businesses, today announced that homegrown fashion brand CHARLES & KEITH is now live with Adyen's donation feature, Adyen Giving. The initiative is supported by the CHARLES & KEITH Group Foundation, the philanthropic arm of the Group, as part of its commitment to supporting local communities.

Customers of CHARLES & KEITH can now round up their total to the nearest dollar to donate to charitable causes under Community Chest, the philanthropic arm of Singapore's National Council of Social Service (NCSS). Launched in 2026, CHARLES & KEITH will complete the roll out of Adyen Giving across all stores by the end of August this year.

To help amplify the impact of merchants like CHARLES & KEITH, Adyen is matching all donations made through Giving in 2026 ? so every dollar donated at checkout goes twice as far. The donation matching is funded through Adyen's 1% Fund, which directs 1% of Adyen's annual net revenue to initiatives that support the United Nations Sustainable Development Goals.

"Driving positive social impact is a key commitment of CHARLES & KEITH Group Foundation," said Charles Wong, CEO, CHARLES & KEITH Group. "Through this partnership with Community Chest and Adyen Giving, we can amplify giving together with our customers. Every small act of generosity goes to uplifting and strengthening our local communities."

Today, Community Chest joins the roster of 200+ charities signed up on the Giving platform globally. This partnership also marks Community Chest's inaugural partnership with a fintech provider, tapping into Adyen's customer base to enable charitable giving to the local community.

"As increasing segments of our population become aware and aspire towards building a society where less advantaged communities receive the help they need, businesses too can play their part in enabling these aspirations," said Jack Lim, Managing Director, Community Chest. "Adyen's single platform helps businesses incorporate seamless customer giving into their customer experience, creating a powerful intersection where purpose meets commerce. These acts of everyday kindness accumulate over time, unifying businesses and consumers in their journey of purpose by making giving part of everyday living."

"We're pleased to launch Adyen Giving in Singapore and heartened that payments technology is turning everyday transactions into real impact," said Ben Wong, General Manager of Southeast Asia and Hong Kong at Adyen. "We look forward to more of our customers joining us on this journey to drive collective change."

Before the launch of Giving, brands struggled with fragmented donation solutions and faced complex integration and administrative challenges. Adyen Giving solved this by keeping donations separate from the merchant's money flow and by streamlining integration. Additionally, Adyen absorbs all fees involved, lowering barriers for merchants to activate donations while ensuring that the full donation amount goes directly to the supported causes.

Hashtag: #Adyen  #CHARLES&KEITH 

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

Three new Laguna Phuket developments - spanning lakeside living, golf-front design and Angsana-branded luxury - to be showcased at Fairmont Singapore on 23-24 May

SINGAPORE - Media OutReach Newswire - 14 May 2026 - Banyan Group Residences is bringing three of its most anticipated new residential launches to Singapore this month, with a two-day sales exhibition taking place at Fairmont Singapore, Orchard Room (4F) on Saturday 23 and Sunday 24 May 2026, from 11:00 am to 6:00 pm. The event offers Singapore buyers a rare opportunity to explore and invest in some of Phuket's most compelling new addresses, with dedicated sales teams on hand for private consultations.

The exhibitions follow a year of record residential sales for Banyan Group Residences, as growing numbers of global investors look to Phuket as a safe haven for capital - drawn by the island's political stability, strong rental yields, year-round lifestyle appeal, and the relative value it continues to offer against comparable markets. Demand has been particularly robust from buyers across Asia, the Middle East, and Europe, with Singapore consistently ranking among the Group's top source markets worldwide.

The three projects on show represent some of the most exciting new additions to Laguna Phuket ? Asia's premier integrated resort destination ? and span a range of living concepts, price points, and design inspirations, united by the hallmark quality and hospitality expertise of Banyan Group Residences, Asia's leading branded residential developer by volume.

"Singapore has long been one of our most important buyer markets, and we're delighted to be returning with what we believe is our strongest line-up yet," said Stuart Reading, Managing Director of Banyan Group Residences. "Whether you're looking for a holiday retreat, a permanent base in a world-class resort community, or a smart long-term investment, this exhibition offers something genuinely compelling. High-quality property in a prime location at Laguna Phuket still represents outstanding value compared to equivalent homes in Singapore or other major cities."

Bellaguna Lake Residences

Brand new blocks of Bellaguna Lake Residences will be revealed for the first time at the exhibition. Set beside a shimmering lake within Laguna Phuket ? steps from Bang Tao Beach ? the development takes its design cues from the sleek lines of a contemporary luxury yacht. Five elegantly elongated buildings feature dark wave-like fa?ades and warm, light-filled interiors, with generous private terraces overlooking the lagoon. Residences include one- to three-bedroom condominiums and two- to three-bedroom penthouses with private rooftop pools, as well as a brand new category of two-bedroom residences with private pool.

Bellaguna is Banyan Group Residences' newest residential brand, conceived specifically for premium year-round living outside of hotel inventory - yet fully supported by the Group's renowned hospitality management standards.

Bellaguna Golf Residences

Set on land that once formed part of Phuket's historic tin-mining landscape, Bellaguna Golf Residences draws its design identity from that heritage ? soft horizontal lines and sculpted contours reinterpreted through a contemporary tropical lens. Low-rise buildings unfold amid lush gardens and a signature free-form pool, overlooking the fairways of the championship Laguna Golf Phuket course. A brand new block has also just been released for this project, which features a compact one-bedroom configuration, alongside one- to three-bedroom condominiums and two- to three-bedroom penthouses with private pools and sunset golf views.

Angsana Golf Residences Topaz

Inspired by the clarity and elegance of the topaz gemstone, Angsana Golf Residences Topaz comprises three gracefully curved low-rise buildings set within Laguna Phuket, with Sino-Portuguese design accents that subtly reference Phuket's cultural heritage. The development offers two- and three-bedroom residences and exclusive penthouses with private rooftop pools, all enjoying panoramic views of the golf course, mountains, and the Andaman Sea. A signature rooftop ring-shaped pool completes the picture.

Show units are now available for all three projects at the Laguna Property Sales Gallery.

Banyan Living

Banyan Group has recently launched Banyan Living, a residential rental and marketing platform created to support owners of branded residences across the Group's portfolio, while offering guests a professionally managed alternative to traditional home‑sharing platforms.

Developed as a structured, hospitality-led rental ecosystem, Banyan Living enables private owners to generate income from their residences, while providing guests who rent the properties assurance of the design integrity and professional service standards associated with Banyan Group.

Why Phuket, Why Now

Phuket continues to attract growing international interest as both a lifestyle destination and an investment market. Within Laguna Phuket, nationals of some 70 countries have chosen to make the resort community their home, drawn by year-round tropical living, world-class amenities, international schools, medical facilities, and a level of quality and security that is difficult to match elsewhere in the region.

Banyan Group Residences anticipates launching up to USD 1 billion in new luxury residential projects in Phuket over the next two to three years, reflecting the Group's confidence in the market and the enduring strength of demand from international buyers.

Prospective buyers are welcome to visit the exhibition at Fairmont Singapore, Orchard Room (4F), on Saturday 23 and Sunday 24 May 2026, between 11:00 am and 6:00 pm. Private appointments can be arranged in advance by contacting the team directly.

Hashtag: #BanyanGroup  #BanyanGroupResidences  #LagunaPhuket 

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

SINGAPORE- Media OutReach Newswire - 14 May 2026 - Beyond academic rankings and programme offerings, students today are placing increasing emphasis on campus life, wellbeing support, and a sense of belonging when choosing where to pursue higher education.

This shift reflects a broader trend across the sector, where institutions are being evaluated not only on academic outcomes, but also on their ability to provide holistic student experiences that support mental wellbeing, social integration, and career readiness.

At the Singapore Institute of Management (SIM), student engagement has become a central pillar of the learning experience, with a wide network of student led clubs and communities designed to support both personal and professional development.

A Growing Priority: Belonging and Wellbeing

Industry observations indicate that students, particularly those transitioning from secondary education or arriving from overseas, often face challenges such as social isolation, cultural adjustment, and limited peer support networks. Research also highlights that being away from familiar support systems and adapting to a new cultural and academic environment can be an isolating process, contributing to increased stress, anxiety, and reduced perceived social support

To address this, SIM has developed a structured student life ecosystem supported by its Student Development initiatives and programmes such as Project1095, which emphasises learning beyond the classroom and holistic growth. With close to 80 student clubs and co-curricular activities available, students are provided with multiple avenues to build connections and integrate into campus life.

From Co-Curricular Activities to Career Readiness

Student clubs are increasingly seen as more than recreational clubs, playing a meaningful role in preparing students for the workforce. Participation in such communities enables students to develop transferable skills aligned with employer expectations, including leadership, collaboration, and communication.

At SIM, student led initiatives span a broad spectrum, from arts and cultural groups that foster creativity and teamwork through performances and events, to sports and wellness communities that promote physical resilience and discipline. Leadership platforms such as student councils provide opportunities for students to organise initiatives and represent the student body, while international student communities support cultural integration and inclusivity.

In addition, special interest and professional clubs offer exposure to industry trends and peer led learning. Collectively, these platforms provide practical experiences that complement academic programmes and contribute to graduates' overall employability.

Reflecting a Broader Shift in Higher Education

The increasing importance placed on student life reflects a wider evolution in higher education, where institutions are expected to support both academic achievement and personal development.

By investing in student communities and engagement, institutions like SIM are responding to this shift, providing environments where students can not only gain qualifications, but also build networks, resilience, and a strong sense of identity.

As prospective students weigh their options, the availability of vibrant campus communities and support systems is likely to remain a key differentiator in the higher education landscape.

Reference:

The experience of loneliness among international students participating in the BBC Loneliness Experiment: Thematic analysis of qualitative survey data - https://www.sciencedirect.com/science/article/pii/S2666518223000189?

Mental health concerns and needs of international students in higher education settings: A scoping review protocol - https://pmc.ncbi.nlm.nih.gov/articles/PMC12334020/

SIM CCA - https://www.sim.edu.sg/degrees-diplomas/life-at-sim/co-curricular-activities

SIM Project 1095 - https://project1095.simge.edu.sg/

Hashtag: #SIMGlobalEducation  #SIMGE  #GlobalEducation  #InternationalDegree  #CareerReady  #FutureSkills 

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

Vietnam's First Mixed-Use Landmark Destination

Set opposite Ben Thanh Market, One Central Saigon is a landmark mixed-use destination where luxury living, hospitality, retail and business converge at the centre of Ho Chi Minh City. The project also marks The Ritz-Carlton hotel brand's debut in Vietnam, alongside The Ritz-Carlton Residences, Saigon, Grade A+ offices, curated retail, services and fine dining.

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 13 May 2026 - Masterise Homes, a member of Masterise Group, has officially launched One Central Saigon, Vietnam's first mixed-use landmark destination, marking the arrival of a new address where international standards of living, hospitality, retail, business and services come together in Ho Chi Minh City.

The launch event was attended by representatives of Ho Chi Minh City government authorities, senior leaders from Masterise Group, Masterise Homes and Marriott International, as well as leading experts in real estate, economics and tourism.

Over the past decade, the centre of gravity of the global economy has shifted decisively towards Asia, with Vietnam emerging as one of the region's most compelling growth stories. Ho Chi Minh City, the country's economic engine, is entering a new phase of development as a dynamic, deeply connected metropolis.

Around the world, certain developments have helped shape how cities are recognised internationally, from Hong Kong's IFC and Singapore's Marina Bay Sands to Kuala Lumpur's Petronas Twin Towers and Dubai's Burj Khalifa. These projects did more than create striking skylines. They helped shape how the world sees their cities and countries. One Central Saigon is positioned within this tradition of city-shaping developments, with a vision that combines international standards, Vietnamese identity and long-term urban value.

"We believe Vietnam has reached the moment where it is ready for a development of the calibre of One Central Saigon," said Ms Nguyen Thi Minh Phuong, Managing Director, Southern Region, Masterise Group. "The project has been present in Ho Chi Minh City for some time and has passed through several phases of development. Today, it is being introduced with a clearer vision. With a sense of responsibility to contribute to the nation's development journey in a new era, Masterise Group aspires to continue building an iconic landmark where the world's highest experiential standards converge with the identity, energy and ambition of the city. This is also how we contribute to projecting the image of a modern, confident and culturally rich Vietnam onto the international stage."

A rare address in the city's historic core

For more than a century, Ben Thanh Market has been one of Ho Chi Minh City's great urban constants: a place of trade, arrival and encounter, and one of the few landmarks instantly recognised across Vietnam and beyond.

Its clock tower, market halls and surrounding streets are woven into the city's daily rhythm and public memory, giving the area a significance that extends far beyond location. Set directly opposite the market, with four rare frontages along Pham Ngu Lao, Calmette, Le Thi Hong Gam and Pho Duc Chinh streets in the former District 1, One Central Saigon holds one of the city's most strategic locations and shares a unique connection with Ho Chi Minh City's historic urban core.

One Central Saigon will rise as two towers above a retail and commercial podium on an 8,537 sqm site, with 19,990 sqm of commercial space across seven above-ground levels and six basement floors. The retail centre is envisioned as a destination for luxury retail, curated services and fine dining, with brands and experiences selected for both international appeal and the evolving needs of Vietnamese customers. Its basement levels will connect directly to Ben Thanh Metro Station via an underground link, integrating the project with the city's public transit network.

Together with Grade A+ offices, The Ritz-Carlton, Saigon and The Ritz-Carlton Residences, Saigon, the development forms a seamless mixed-use ecosystem for luxury living, hospitality, retail, business, services and lifestyle experiences at the centre of Ho Chi Minh City.

Song Long Ngậm Ngọc: Vietnamese symbolism, global expertise

The architecture of One Central Saigon is inspired by Song Long Ngậm Ngọc, or Twin Dragons Playing with a Pearl, a Vietnamese cultural motif associated with strength, prosperity and wisdom. The two towers rise and converge around a central point, creating a contemporary architectural expression of Vietnamese identity within the Ben Thanh district.

Among the tallest twin towers in Vietnam and the region, One Central Saigon is a structurally complex undertaking that requires significant investment, precision, and attention at every stage of execution. The project brings together an international design and construction team, including Arquitectonica as design architect, HBA for interior design, B+H, a member of Surbana Jurong Group, as executive architect, and Turner for project management.

International operational standards add another defining layer of value to One Central Saigon. With more than a century of heritage in luxury hospitality, The Ritz-Carlton brings refinement, attention to detail, privacy and highly personalised service to the project's ultra-luxury positioning.

The Ritz-Carlton Residences, Saigon opens a new chapter in ultra-luxury living, while The Ritz-Carlton, Saigon marks the hotel brand's debut in Vietnam, reflecting Ho Chi Minh City's growing appeal to international travellers, investors, entrepreneurs and high-net-worth individuals.

The Grade A+ office component is designed for global corporations and forward-thinking business leaders seeking a workplace within a 5-star international ecosystem.

Vietnam's luxury momentum accelerates

The launch comes as Vietnam continues to attract global capital, international brands and a rising generation of high-net-worth consumers. Official data showed real GDP growth of 8.02% in 2025, up from 7.09%, while foreign direct investment reached a record US$27.62 billion.

Tourism is adding further momentum. Vietnam welcomed nearly 21.2 million international visitors in 2025, its strongest year for inbound tourism, while Ho Chi Minh City received nearly 8.6 million international visitors, up 40.3% year on year.

Branded residences are following the same trajectory. Savills reports that branded residences in Asia Pacific increased by 55% over the past five years, while C9 Hotelworks' Asia Branded Residences Market Review 2025 points to Vietnam as one of the region's most important future supply markets.

For Masterise Group, One Central Saigon extends an international branded real estate portfolio that includes Grand Marina, Saigon, featuring Marriott and JW Marriott-branded residences, and The Ritz-Carlton Residences, Hanoi at The Grand. It also gives Vietnam's ultra-luxury real estate growth story tangible form beside one of Ho Chi Minh City's most prized historical sites.

As the city enters a new phase of development, expanding in both scale and quality, thoughtfully planned and professionally operated integrated developments such as One Central Saigon are expected to enrich the city's tourism, services and urban experience ecosystem. The project is positioned to create lasting value for the community and elevate the standing of Ho Chi Minh City and Vietnam on the international stage.

Hashtag: #MasteriseGroup 

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

BANGKOK, THAILAND - Media OutReach Newswire - 13 May 2026 - LGT continues to strengthen its leadership team in Thailand with the appointment of Anchalee Bunsongsikul as Chief Executive Officer of LGT Securities (Thailand) Limited ("LGT Thailand"). This senior management hire underlines the strategic importance of Thailand for LGT and reflects the firm's commitment to further expanding its presence in the market.

Commenting on the appointment, Dr. Henri Leimer, Chief Executive Officer, LGT Private Banking Asia Pacific, said: "Thailand is an important market for us, one where we have built a strong market position through a consistent, relationship-led approach focused on serving Thai families and entrepreneurs." Karn Karuhadej, Managing Director and Senior Market Adviser, added: "Anchalee brings extensive leadership experience, strong client relationships and deep market knowledge that will further strengthen our franchise in Thailand. We look forward to welcoming her to our team and working together to further develop our business in the region."

The appointment will take effect on 15 May 2026. Upon joining LGT Thailand, Anchalee Bunsongsikul will also become a member of the Executive Board Asia Pacific of LGT Private Banking.

LGT has deep roots in Asia. Since opening its first representative office in Hong Kong in 1986, LGT has grown into a competitive regional private bank and wealth manager. In 2019, LGT launched its wealth management business in Thailand. Today, the Bangkok office comprises a strong team of experienced relationship managers and investment consultants who provide investment and wealth management services to Thai clients, complementing LGT's private banking operations in Hong Kong and Singapore.

Across Asia Pacific, LGT has a presence in Hong Kong, Singapore, Thailand, Japan, Australia, India and the Middle East, and employs around 1800 people in the region. In 2025, LGT ranked as the sixth1 largest private bank in the region, with USD 164 billion in assets under management as of the end of 2025.

1Based on finews.asia 2025 Private Banking AUM league table (finews.asia Releases 2025 Private Banking AUM League Table)

Hashtag: #LGT 

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

HONG KONG SAR - Media OutReach Newswire - 13 May 2026 - HGC Global Communications ("HGC" or "the Group"), a fully-fledged ICT service provider and network operator with extensive global coverage, yesterday hosted its fourth annual Partner Day, bringing together more than 200 industry leaders, representatives from industry associations and government organization from over 80 companies across various ICT sectors worldwide.

Under the theme "Navigating the Digital Frontier, Accelerating Collective Success", the gathering underscored HGC's deepening partner alliance and its positioning as an AI Enabler and Service Company Group that is leveraging owned infrastructures to enable individuals, enterprises and international business partners to deploy artificial intelligence (AI) and emerging technologies application at scale.

Bridging AI Ambition and Reality: The AI Enabler Delivering Integrated Services

In a rapidly evolving AI landscape, HGC is sharpening its position as an AI Enabler and Service Company Group, focused on turning enterprise AI ambition into secure, scalable and operational reality.

As an AI enabler, HGC delivers the critical foundations corporates need to deploy and operate AI with confidence. This includes AI-ready infrastructure and high-speed, low latency connectivity linking data centres and cloud environments for AI workload; intelligent operations platforms, such as the award-winning, self-developed GodEye, which enhances network management and service delivery; end-to-end AI lifecycle support spanning testing, rollout, monitoring and optimization. Equally critical, HGC embeds AI governance and security to ensure AI solutions remain compliant, resilient and fully controlled. Positioning as a service backbone, HGC enables customers and partners to focus on value creation and innovation.

These fundamental capabilities are underpinned by HGC's identity as a Service Company Group, where value is created through one-stop shop service, expertise and accountability, rather than one-off service delivery. HGC owns the full operating journey ? from solution design and deployment to 24/7 monitoring services and ongoing optimization. Combining human expertise with AI‑driven intelligence, HGC delivers long‑term, subscription‑based partnerships that ensure enterprise AI systems remain secure, reliable and future‑ready.

Strong Performance in Various Market Sectors Reflect the Winning Strategy

The practical impact of being an AI enabler that provides integrated services was demonstrated across different market sectors:

Corporate Business: Under its customer-centric approach, HGC's ICT business combining digital infrastructure, ICT services intake drove a 6% year-on-year growth in vertical expansion. HGC's Corporate & Enterprise business continued to deepen its engagement across eight major sectors in Hong Kong, including FSI, government, education, logistics, property, retail, professional services, and trading & manufacturing. Backed by deep industry expertise and long-established customer relationships, HGC provides integrated end-to-end solutions covering secure connectivity, cybersecurity, managed services, and digital transformation capabilities. This continued momentum was reflected in Q1 2026 performance, where gross profit from cybersecurity solutions increased by 32% year-on-year, while SME data bandwidth subscription grew by 12%.

International Business: HGC is building the backbone of its AI regional infrastructure, with OTT number of customers up 20% year-on-year in Q1 2026. Under the East-West Gateway Project, a Memorandum of Understanding with Johor Capital Group, it is creating a next-generation digital infrastructure hub in Johor, integrating submarine landing points, terrestrial networks, data centre interconnects and internet exchanges to serve one of Southeast Asia's fastest-growing AI data centre clusters. By simplifying network implementation, HGC gives enterprises, service providers and OTT providers greater flexibility to connect across diverse data centres. Additionally, HGC has obtained a strategic pilot approval from China's Ministry of Industry and Information Technology, to engage value-added telecommunications services in Chinese Mainland. This milestone supports the country' digital economy, facilitating the opening-up of China's telecommunications market and more Chinese Mainland enterprises to go global.

Consumer Market: HGC's consumer business continued its steady upward trajectory in Q1 2026, driven by strong growth in 2Gpbs and above high-speed broadband subscribers, which record a 39% year-on-year increase. The robust uptake reflects rising customer demand for high‑capacity network services, reinforcing the competitiveness of the Group's premium residential broadband offerings. HGC also marked a key milestone with the launch of HGC Mobile, a new brand extending HGC's footprint into mobile telecommunications services. The new brand delivers a highly flexible, best in value "network-on-the-go" experience, further strengthening engagement across HGC's residential customer base through a more integrated suite of connectivity solutions.

Andrew Kwok, Chief Executive Officer of HGC, said, "I would like to extend my deepest thanks to every partner who joined the HGC partner day ? a true convergence of the East and the West, and demonstrates the strong alliance and important future that we are building together. I am equally grateful for the consistent support of local governments that have helped to make our vision a reality. Your belief in open, collaborative digital infrastructure gives us the confidence to push ahead. As we navigate a landscape being rewritten by AI, HGC will continue to embrace the challenges ahead with our partners, turning headwinds into shared opportunities."

At the panel discussion featuring speakers from A & A Limited, Byteplus and CBC Tech, together with HGC experts explored how the entire AI ecosystem, from infrastructure to cloud to application, can tackle shared challenges and accelerate adoption. The dialogue reflected HGC's commitment to uniting diverse players across the ICT landscape.

"At HGC, we will continue to seize every opportunity that the shifting landscape creates, not by chasing trends, but by staying true to our core strengths while transforming our business model in pace with the market. The advancement to AI Enabler and Service Company Group is just the beginning. As we look ahead, HGC will remain resourceful, flexible and relentlessly adaptable, building highways for AI adoption so that our partners can focus on driving value. I am confident that together, we will turn the uncertainties of this AI era into the defining opportunities of this generation," concluded Andrew.

Hashtag: #HGC 

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

ONYX 60th Anniversary

Over the past six decades, ONYX Hospitality Group has grown from managing a single hotel in Thailand into a regional hospitality company with a multi-brand portfolio including Amari, OZO, Shama and Oriental Residence. Each brand has a clearly defined identity and market position, enabling the Group to meet the evolving needs of modern travellers across a range of segments.

Today, ONYX manages 49 properties and remains on track to expand its portfolio to more than 75 properties across Asia Pacific through a disciplined and sustainable growth strategy.

Yuthachai Charanachitta, Chief Executive Officer of ONYX Hospitality Group, said: "Over the past six decades, ONYX Hospitality Group has built a strong foundation of expertise and experience, growing from the management of a single hotel in Thailand into a regional hospitality player with an expanding presence across Asia Pacific, continuously earning the trust and confidence of both partners and customers.

This growth has been driven by a strong Thai foundation, combined with a global outlook and a strategic focus on regional markets, which have consistently served as the key pillars underpinning the Group's development.

As we celebrate our 60th anniversary, we see this milestone not merely as a reflection of our past achievements, but as the beginning of our next phase of growth. Looking ahead, we remain committed to expanding our regional footprint, strengthening our brands, and creating long-term value for our partners, investors and customers, while continuing to develop the organisation in a balanced and sustainable manner. At the same time, we are dedicated to playing an active role in elevating service standards and supporting the long-term advancement of Thailand's hospitality industry."

Accelerating Expansion to Support Long-term Growth

ONYX Hospitality Group continues to expand its presence across Asia Pacific under its vision of becoming 'The Best Medium-sized Hospitality Management Company in Asia Pacific'.

In 2026, the Group is set to launch several new projects, including Shama Sukhumvit 101 Bangkok, Shama Medini, and Y Hotel Nanshan Shenzhen Inspired by OZO, reinforcing its strategic expansion across the serviced apartment and lifestyle hospitality segments in key regional gateway cities.

At the same time, the Group continues to advance a strong future development pipeline, including Shama Rayong, EQ Phuket, Shama Hub Ladprao Bangkok, Shama North Pattaya, and the luxury development Amari Resort & Villas, Samui, alongside a major transformation of Amari Phuket aimed at revitalising the property and elevating the guest experience.

By 2030, ONYX aims to expand its portfolio from 49 properties to more than 75, with a focus on quality growth through long-term partnerships and a tailored approach to hospitality that reflects the needs of each market.

In addition to regional expansion, ONYX Hospitality Group is driving growth through effective asset management and investment strategies, with ONYX RT serving as another key growth engine. Supported by lower interest rates, recovering investor confidence, and the return of more than 35 million international travellers, the Group expects its core assets ? including Amari Bangkok, OZO Samui, and OZO Phuket? to further enhance portfolio value, with a targeted valuation of more than THB 4 billion.

Strengthening Brand Positioning Across the Portfolio

As part of its 60th anniversary, ONYX Hospitality Group is advancing its overall brand development through its long-term strategic framework, "ONYX Universe", which has been designed to support future growth across all dimensions of the business. The framework covers talent development, technology, sustainability, brand strength, marketing and revenue efficiency, customer engagement, food and beverage, and asset management to drive long-term returns. It will serve as a key foundation for enhancing the Group's regional competitiveness while responding to the evolving needs of travellers and residents.

ONYX has also refined the positioning of its four core brands to strengthen differentiation and align more clearly with current market demand:

Amari has been repositioned in the upper-upscale segment, offering Thai hospitality enriched by local insight and the distinctive character of each destination.

OZO has evolved into an upper-midscale lifestyle hotel brand with enhanced service, designed for modern travellers who expect a seamless stay with the right essentials and a touch of elevated comfort.

Shama continues to focus on serviced apartment living, fostering vibrant communities while delivering Joy of Living through thoughtfully designed experiences that combine comfort, quality, and meaningful lifestyle for both short- and long-term stays.

Oriental Residence has been elevated to a more refined expression of luxury, where elegance is understated, privacy is paramount, and every detail is thoughtfully personalised.

This brand evolution reflects ONYX Hospitality Group's commitment to creating clearer differentiation in support of long-term business growth.

Driving Sustainable Growth Through Regional Expansion and Brand Strength

Built on a 60-year legacy, ONYX Hospitality Group remains committed to growth through regional expansion, brand enhancement and continued organisational development. Anchored in its Thai roots and global outlook, the Group continues to place regional growth at the heart of its strategy as it works towards becoming the best medium-sized hospitality management company in Asia- Pacific, while delivering sustainable value to all stakeholders.

https://www.linkedin.com/company/onyx-hospitality-group/

https://www.facebook.com/ONYXHospitalityGroup

https://www.instagram.com/onyxhospitalitygroup/

Hashtag: #ONYXHospitalityGroup  #HospitalityIndustry  #AsiaPacificTravel 

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

ATLANTA, May 15, 2026 (GLOBE NEWSWIRE) -- Countdown, a nonprofit accelerating mitochondrial science and medicine across the full spectrum of human health, announced a new research grant awarded to Dr. Elias Adriaenssens at the Research Institute of Molecular Pathology (IMP) in Vienna, Austria. 

The funding will support a groundbreaking project titled From Hypoxia to Therapy: Unlocking Mitochondrial Clearance Pathways for Disease Treatment, focused on understanding how cells identify, clear, and renew damaged mitochondria, the tiny structures responsible for producing the energy every cell in the body needs to survive and function. 

Mitochondrial dysfunction is a foundational and shared driver across many of today's most pressing health challenges, from rare and chronic disease to neurodegeneration, metabolic disease, and age-related decline. Yet despite mitochondria's central role in human health, many of the underlying cellular quality-control mechanisms remain poorly understood. 

One of the most promising emerging areas in mitochondrial medicine is hypoxia therapy, the controlled reduction of oxygen exposure to activate protective cellular pathways. Hypoxia has emerged as a potential therapeutic strategy across a broad range of conditions and diseases, including primary mitochondrial diseases, Parkinson's, ischemic injury, and age-related decline. Yet despite its therapeutic promise, chronic systemic hypoxia is difficult to implement clinically, requiring prolonged exposure to tightly controlled low-oxygen environments that are not realistically compatible with everyday life. Moreover, systemic hypoxia can induce widespread stress responses and undesirable biological adaptations across multiple tissues.

Dr. Adriaenssens' research seeks to solve one of the field's most important challenges: how to isolate the beneficial mitochondrial effects of hypoxia without exposing patients to its dangerous systemic consequences. Every cell has a built-in system for removing damaged mitochondria and maintaining cellular health. When that process breaks down, damaged mitochondria can accumulate inside cells, triggering inflammation, dysfunction, and tissue damage throughout the body. 

The project focuses on a poorly understood mitochondrial quality-control pathway, which appears to act as a brake on the cell's mitochondrial renewal system. The research aims to identify how to selectively activate protective mitochondrial clearance pathways associated with hypoxia, without triggering the dangerous systemic effects of whole-body hypoxia. 

The long-term goal is to help lay the foundation for therapies that could mimic the protective effects of hypoxia through patient-compatible treatments, eliminating  the impractical and potentially dangerous need for continuous low-oxygen exposure or hypoxic chambers. 

What makes this research especially significant is that cells contain multiple pathways for removing damaged mitochondria, yet science has only deeply understood one of them. By uncovering alternative mitochondrial clearance mechanisms, this research could open new therapeutic possibilities across a wide range of diseases and conditions where mitochondrial dysfunction plays a central role.

The findings may also help advance one of medicine's most promising emerging frontiers: mitochondrial transplantation. While early studies suggest transplanted mitochondria could help rescue damaged tissues, one of the biggest barriers remains that healthy mitochondria are often recognized and destroyed by the cell before they can successfully integrate and function. Understanding these newly identified quality-control pathways may help overcome that challenge and make mitochondrial transplantation more durable and effective. 

"Countdown funds research at a cellular level, the shared biology beneath conditions that most organizations address in isolation," said Mitzi Solomon, Founder and President of Countdown. "This grant exemplifies the broad-reaching implications of mitochondrial research, as the molecular insight Dr. Adriaenssens is pursuing could ultimately benefit patients across rare disease, neurodegeneration, heart disease, transplantation, and aging - all at once." 

"For patients with mitochondrial dysfunction, the options today are still largely supportive. This research moves us toward something genuinely different, a way to selectively activate the cell's own renewal machinery without the side effects of systemic approaches," said Dr. Elias Adriaenssens, Research Institute of Molecular Pathology (IMP), Vienna. "Countdown's investment gives us the runway to do the work that makes rational drug design possible." 

The grant is made in honor of Countdown board member Gerry King, whose commitment to advancing mitochondrial research while living with Parkinson's disease reflects the urgency and importance of this work. 

"We are all overwhelmed by the endless requests for support across countless causes and organizations," said Gerry King, Countdown Board Member. "I made the decision to place my commitment behind Countdown because of its uncompromising passion to uncover the root causes beneath diseases affecting all walks of life. Mitochondrial dysfunction impacts all of us, and I believe mitochondrial research has the potential to change not only the lives of people living with Parkinson's disease, but the future of human health itself. My support of Countdown and this mission will continue until meaningful breakthroughs - and ultimately cures - are found." 

 Founded on the belief that mitochondrial health is not a niche concern but a window into nearly every major disease challenge of our time, Countdown funds research across six interconnected pillars - Early Detection & Precision Diagnostics, Women's Health & Hormonal Longevity, Primary Mitochondrial & Rare Genetic Disease, Chronic Disease & Aging, Brain Energy & Cognitive Resilience, and Advanced Therapeutics & Frontier Innovation. The organization unites scientists, clinicians, philanthropists, and industry partners to move the field forward faster, accelerating discoveries that shape a future where mitochondrial science is central to how we understand, treat, and prevent disease.

About Countdown 

Countdown is a nonprofit focused on accelerating mitochondrial science and medicine across the full spectrum of human health to improve how people feel, function, and age. By focusing on mitochondria - the shared biological network underlying many of the most pressing diseases of our time - Countdown is driving a more integrated approach to accelerating scientific breakthroughs that transform how we understand, prevent, and treat disease at its source. We fund research, expand awareness, and unite scientists, clinicians, philanthropists, industry leaders, and visionary brands to drive real-world impact. Join the Countdown to change the future of health. 

For more information, visit www.joincountdown.org 

About Elias Adriaenssens

Elias Adriaenssens is a postdoctoral researcher in the laboratory of Tim Clausen at the Research Institute of Molecular Pathology (IMP) at the Vienna BioCenter. He joined the Vienna BioCenter in 2019 as a postdoctoral researcher at the neighbouring Max Perutz Labs.

Adriaenssens completed his PhD in molecular biology at the University of Antwerp in Belgium. He also holds a Master's degree in pharmacology from the University of Oxford (2014), as well as undergraduate and Master's degrees in biochemistry from the University of Antwerp.

He has received several awards and honours, including a Medical Research Council (MRC) Studentship Award (2013) / Wolfson College High Profile Achievement Award (2014); a Rotary Hope-in-Head Grant (2019); and a Marie Skłodowska-Curie Actions (MSCA) Postdoctoral Fellowship.

About the IMP

The Research Institute of Molecular Pathology (IMP) in Vienna is a basic life science research institute largely sponsored by Boehringer Ingelheim. With over 220 scientists from 40 countries, the IMP is committed to scientific discovery of fundamental molecular and cellular mechanisms underlying complex biological phenomena. The IMP is part of the Vienna BioCenter, one of Europe's most dynamic life science hubs with 2,800 staff members from over 80 countries in seven research institutions, two universities, and 42 biotech companies. www.imp.ac.at, www.viennabiocenter.org  

Follow Countdown on Instagram, Facebook, LinkedIn, X and YouTube

Contact:

Mitzi Solomon, Founder and President

Mitzi@JoinCountdown.org | +1 (917) 715-2381

Copyright 2026 GlobeNewswire, Inc.

Phase 2b Trial Met Primary Endpoint, Demonstrating Strong Efficacy and Favorable Safety Profile; Phase 3 Planned

CHENGDU, China and ROCKAWAY, N.J., May 15, 2026 (GLOBE NEWSWIRE) -- Kanghong Pharmaceutical and Vanotech Ltd. today announced the successful completion of a Phase 2b clinical trial evaluating KH607 in adults with major depressive disorder (MDD).

HIGHLIGHTS

*Phase 2b trial successfully completed in adults with MDD

*Study met primary endpoint and demonstrated strong efficacy

*Rapid, robust, and sustained antidepressant effects observed

*Favorable safety and tolerability profile with no serious safety concerns

*Phase 3 clinical development planned

The Phase 2b study met its primary endpoint, with results demonstrating strong efficacy and a favorable safety profile. KH607 exhibited rapid, robust, and sustained antidepressant effects, reinforcing its potential as a promising new treatment option for patients with MDD.

KH607 was generally well tolerated, with no serious safety concerns identified during the trial. Its overall safety profile supports continued clinical development and advancement into later-stage studies.

"These results mark an important milestone for KH607 and provide strong validation of its therapeutic potential in MDD," said Avner Ingerman, MD, President and Chief Medical Officer of Vanotech, Ltd. "We are encouraged by the combination of efficacy and tolerability observed in this study."

Based on these positive outcomes, the companies plan to advance KH607 into Phase 3 development.

About KH607

KH607 is an investigational oral small molecule and positive allosteric modulator (PAM) of the GABAₐ receptor. It is designed to selectively target receptor subtypes implicated in mood regulation. KH607 is being developed for the treatment of major depressive disorder (MDD) and other neuropsychiatric conditions.

About Major Depressive Disorder (MDD)

Major depressive disorder (MDD) is a common and serious mental health condition affecting more than 280 million people worldwide. It is characterized by persistent low mood, loss of interest, and a range of cognitive and physical symptoms that impair daily functioning. Despite available therapies, many patients fail to achieve adequate response or remission, underscoring the need for new treatment options.

About Kanghong Pharmaceutical

Kanghong Pharmaceutical is a biopharmaceutical company focused on the discovery, development, and commercialization of innovative therapies addressing unmet medical needs. The company maintains a diversified pipeline across multiple therapeutic areas, supported by integrated research, development, and manufacturing capabilities.

About Vanotech Ltd.

Vanotech Ltd. is a clinical-stage biopharmaceutical company responsible for the global clinical development of KH607 and other pipeline assets. Headquartered in Rockaway, New Jersey, Vanotech collaborates with partners to advance novel therapies for central nervous system and other disorders.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the clinical development, therapeutic potential, and planned advancement of KH607. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements. The companies undertake no obligation to update any forward-looking statements, except as required by law.

Investor & Media Contacts

Kanghong Pharmaceutical

Corporate Planning Department

Email: qhb@cnkh.com

Phone: +86-136-2805-8888

Vanotech Ltd.

Matthew Schiller

Email: matt.schiller@cnkh.com

Phone: +1-617-510-9271

Copyright 2026 GlobeNewswire, Inc.

HANOI, VIETNAM - Media OutReach Newswire - 15 May 2026 - Green GSM has signed a series of Memoranda of Understanding (MOUs) and deposit agreements with transport companies and cooperatives in the Philippines, supporting the planned deployment of up to 18,497 VinFast electric vehicles for passenger transport operations across the Philippines.

The agreements represent the next phase of Green GSM's expansion strategy in the Philippines through a partnership model that combines Green GSM's technology platform and operational standards with local market expertise and deployment capabilities.

The agreements involve 75 transport companies and cooperatives operating across multiple provinces and cities in the Philippines, including Metro Manila, Cebu, Davao, Iloilo, Cagayan de Oro, Cavite, Pampanga, Bacolod, Batangas, Baguio, and Ozamiz. These markets continue to experience strong mobility demand alongside accelerating adoption of cleaner and more efficient urban transport solutions.

Under the partnership plan, the parties expect to deploy a fleet of 18,497 vehicles through a combination of direct investment and long-term leasing arrangements, including VinFast VF 5/Herio Green and Limo Green models optimized for ride-hailing and passenger transport operations.

The signing further expands Green GSM's standardized all-electric mobility platform across major urban markets in Southeast Asia.

Within this regional expansion strategy, the Philippines plays a key role. Green GSM is expanding through a partnership-led model that combines centralized operating standards with local execution capabilities. Following the initial deployment of 2,500 vehicles in collaboration with Xentro Group, the next phase is expected to significantly expand both fleet scale and geographic coverage.

The model combines Green GSM's standardized operating platform with locally-managed fleet operations and driver networks. This structure enables consistent service standards and scalable deployment while remaining adaptable to local market conditions. By leveraging existing transport networks, the model also creates a more practical pathway toward large-scale electric mobility adoption.

Mr. Gio Colmenares, CEO of Asia Prime Force Corporation, said: "This partnership reflects a broader shift underway across the transport industry, where scale, efficiency, and sustainability are becoming increasingly interconnected. Green GSM's platform provides a structured approach to deploying electric mobility, combining operational clarity with long-term growth potential. We see this not only as an opportunity in the Philippines, but as part of a wider transformation of urban mobility across Southeast Asia."

Ms. Dave Baldoza, Managing Director of Green EV Transport Corp and Green Fast Corporation, said: "For transport cooperatives, the transition to electric mobility is not only about technology, but also about long-term sustainability for our members. Green GSM's model enables us to modernize our fleets while maintaining operational stability and access to consistent demand. This creates a clear pathway for cooperatives to participate in the next phase of urban transport development."

Ms. Rachel Ann Villanueva, Chairwoman of Green Will Corporation, said: "Scaling electric mobility requires coordinated investment across vehicles, infrastructure, and operations. Partnership models like this demonstrate how different parts of the ecosystem can work together to enable deployment at scale. We see strong potential for this approach to accelerate adoption not only in the Philippines, but across emerging urban markets in the region."

Mr. Nguyen Van Thanh, Global CEO of GSM, said: "Electrifying transportation is no longer a future trend, but an ongoing transition already taking place across major urban centers worldwide. Southeast Asia stands out as one of the most dynamic regions for this shift. Scaling electric mobility requires more than technology. It requires operating models that can maintain consistency across markets while adapting to local conditions. Through its platform and partnership approach, Green GSM aims to advance electric mobility in a practical and sustainable way while maintaining unified service standards across the ecosystem."

Following the signing, partners are expected to complete vehicle orders and begin phased operations throughout 2026. The expansion further reinforces the transition toward large-scale electrification of urban transport networks in the Philippines, while enabling broader participation from transport companies and cooperatives in the country's evolving mobility sector. With deployment planned across multiple provinces and cities, Green GSM continues to expand a mobility model built on scalable operations, standardized service quality, and long-term sustainability objectives.

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

Hashtags: #GreenSM

About the Company

Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and Turkiye. The Corporation is executing a growth-oriented strategy, reinvesting into its producing asset portfolio while deploying capital toward further organic and inorganic growth across Southeast Asia. Valeura is committed to delivering value-accretive growth for all stakeholders, underpinned by high standards of environmental, social and governance responsibility.***