BANGKOK, June 27, 2025 - (ACN Newswire via SeaPRwire.com) - Thailand has affirmed its commitment to ethical and inclusive artificial intelligence by hosting the 3rd UNESCO Global Forum on the Ethics of AI 2025, a Center to Support AI for Economy, Society, and Human Rights at Centara Grand at CentralWorld from June 24 to 27. The event brought together representatives from 104 countries. In her keynote speech, H.E. Prime Minister Paetongtarn Shinawatra stated, “AI is no longer the future, it is the power shaping our present,” emphasizing that Thailand is ready to lead the region in ensuring AI serves the public good and leaves no one behind.The Prime Minister outlined Thailand’s three key AI priorities: harnessing AI for positive impact in sectors like agriculture, healthcare, and education; addressing threats such as disinformation and deepfakes; and putting people at the center of the AI transition. She stressed that AI must support workers, not replace them, and urged investment in reskilling to protect human dignity.Thailand’s National AI Strategy, led by the National AI Committee, aims to drive social and economic transformation through AI by 2027, targeting at least 4 billion baht in value creation. A central focus is on empowering SMEs to apply AI tools that lower costs, boost productivity, and enhance global competitiveness.During the Forum, the Prime Minister also held a bilateral meeting with Ms. Audrey Azoulay, Director-General of UNESCO. Both sides agreed to strengthen cooperation on AI ethics, with Thailand’s AI Governance Practice Center (AIGPC) designated as a key regional partner. AIGPC will support capacity building, certification programs, and knowledge-sharing across Asia-Pacific.Deputy Prime Minister and Minister of Digital Economy and Society, Mr. Prasert Chandraruangthong, reaffirmed Thailand’s alignment with UNESCO’s ethical AI framework. Thailand has adopted the Readiness Assessment Methodology (RAM) to evaluate its AI readiness, which will inform future investments and policy development.To engage the public, Thailand is also organizing Bangkok AI Week 2025 under the theme “AI Powered Nation: Unleashing the Digital Economy for All,” featuring exhibitions, workshops, and interactive events across the city.For updates, follow Facebook: ETDA Thailand Copyright 2025 ACN Newswire via SeaPRwire.com.

Antwerp, Belgium, June 28, 2025 - (ACN Newswire via SeaPRwire.com) - CEVA Logistics in Greater China is coming together with Windrose, leading heavy-duty electric truck provider, to conduct a feasibility study for the deployment of long-haul electric vehicle (EV) trucking in China. This collaboration marks a significant step forward in CEVA's commitment to sustainability and its pioneering efforts to lead the sustainable development of the logistics industry.Under this partnership, CEVA and Windrose have successfully conducted trials of long-haul electric trucking, including a round-trip journey from Greater Bay Area in Guangdong to Pingxiang, Guangxi, at the China-Vietnam border, and a 5,000-kilometer journey from Shenzhen to Alashankou, at the China-Kazakhstan border.These pilot runs resulted in a remarkable carbon emissions reduction of approximately 55% on average (WTW) per GLEC framework. Based on these successes, CEVA and Windrose will continue to conduct trial runs within China to further explore the feasibility, cost-effectiveness and operational efficiency of using EVs across various routes and operational scenarios. As part of its strategic plan, CEVA aspires to connect Southeast Asia, Central Asia and even Europe through a TIR network.Aligned with the CMA CGM Group's target of achieving net-zero carbon emissions by 2050, CEVA is committed to expanding its fleet of low-carbon vehicles. CEVA aims to reach 1,450 low-carbon vehicles in its ground operations by 2025 and over 650 battery-electric trucks in service globally. In this regard, CEVA will continue to innovate and invest in sustainable logistics solutions, further solidifying its position as a leader in sustainable logistics."CEVA is committed to leading the way in sustainable ground transport," said Antonio Pacciolla, vice president of Ground & Rail, APAC and IMECA. "We embrace innovative technologies to enhance our logistics solutions, delivering low carbon transport services to our clients while reducing our carbon footprint. That's how we imagine better ways to serve a world in motion.""We are excited to collaborate with CEVA, a leader in the logistics industry known for its innovative and forward-thinking approach," said Wen Han, Founder, Chairman and CEO of Windrose. "Both parties are committed to sustainability and innovation. This partnership will enable us to better serve the markets and shippers with low carbon transport, while setting new benchmarks for sustainable logistics."About CEVA LogisticsCEVA Logistics, a world leader in third-party logistics, provides global supply chain solutions to connect people, products and providers all around the world. Headquartered in Marseille, France, CEVA Logistics offers a broad range of end-to-end, customized solutions in contract logistics and air, ocean, ground and finished vehicle transport in 170 countries worldwide thanks to its approximately 110,000 employees at more than 1,500 facilities. With 2024 revenue of US$18.3 billion, CEVA Logistics is part of the CMA CGM Group, a global player in sea, land, air and logistics solutions.For more information, please visit www.cevalogistics.com or contact: media@cevalogistics.com.About Windrose TechnologyWindrose is a leading provider of electric heavy-duty trucks, committed to delivering zero-emissions and cost-effective solutions for the logistics industry. The company is the first domestic player to provide an independently developed solution of zero-emissions intelligent heavy-duty truck from the ground up, aiming at the global markets in four continents including US, Europe, Asia, Oceania and so forth. Windrose was founded by Wen HAN in 2022, who is a Stanford graduate, formerly investor at Bridgewater Associates, GSR Ventures, as well as previously Chief Strategy and Financial Officer at Plus.For more information, please visit www.windrose.tech / or contact: global@windrose.techSOURCE: Windrose Technology Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 27, 2025 - (ACN Newswire via SeaPRwire.com) - The opening ceremony of the "Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness" exhibition, jointly organised by the Development Bureau (DEVB) and the National Cultural Heritage Administration, was held today (June 27). The exhibition will run at the Hong Kong Heritage Discovery Centre from tomorrow (June 28), featuring significant Tang dynasty artefacts unearthed on the Mainland and in Hong Kong to showcase the inclusiveness, diversity and openness of the prosperous Tang dynasty, and introduce Hong Kong's pivotal role in the Maritime Silk Road.Speaking at the opening ceremony, the Secretary for Development, Ms Bernadette Linn, said that, as one of the celebration activities of the 28th anniversary of Hong Kong's return to the motherland, this is the largest joint exhibition, in terms of profile, scale and quantity of artefacts on display, since the signing of the Framework Agreement on Deepening Exchange and Cooperation in the Field of Heritage Architecture and Archaeology between the DEVB and the National Cultural Heritage Administration in 2022. The exhibition marks a move towards a higher level of mutual co-operation. Hong Kong is an East-meets-West centre for international cultural exchange. She is eagerly anticipating that the exhibition can showcase the culture of the majestic Tang dynasty to members of the public and friends from all over the world.Other officiating guests at the ceremony were Deputy Administrator of the National Cultural Heritage Administration Mr Qiao Yunfei; the Secretary General of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, Mr Wang Songmiao; the Permanent Secretary for Development (Works), Mr Ricky Lau; the Director of Art Exhibitions China, Mr Tan Ping; the Chairman of the Antiquities Advisory Board, Professor Desmond Hui; and the Chairman of the Advisory Committee on Built Heritage Conservation, Professor Douglas So.The opening ceremony of the exhibition entitled "Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness" was held today (June 27) at the Hong Kong Heritage Discovery Centre. Photo shows the Secretary for Development, Ms Bernadette Linn (centre); Deputy Administrator of the National Cultural Heritage Administration Mr Qiao Yunfei (third right); the Secretary General of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, Mr Wang Songmiao (third left); the Permanent Secretary for Development (Works), Mr Ricky Lau (second right); the Director of Art Exhibitions China, Mr Tan Ping (second left); the Chairman of the Antiquities Advisory Board, Professor Desmond Hui (first right); and the Chairman of the Advisory Committee on Built Heritage Conservation, Professor Douglas So (first left), officiating at the opening ceremony.The exhibition is divided into eight sections on the administrative system and governance of the Tang dynasty, the planning of Chang'an city, the life of people, religious beliefs, literati elegance, craftsmanship, prosperous scenes along the Silk Road and Maritime Silk Road, and Hong Kong's role as a node on the Maritime Silk Road in the Tang dynasty. It features 269 significant pieces/sets of artefacts from 28 museums and cultural institutions in 10 provinces, autonomous regions and municipalities on the Mainland (including 49 pieces/sets of grade-one cultural relics) and 29 pieces/sets of important artefacts unearthed in Hong Kong and dated to the Tang dynasty.Among the key exhibits are two paintings, namely the "Scroll depicting Emperor Minghuang playing polo", which is a Song dynasty depiction of Emperor Xuanzong of Tang (Minghuang) playing polo with his concubines on horseback; and the hanging scroll of Li Bai's "Chun Ye Yan Tao Li Yuan Xu" (preface to the spring night banquet in the peach and plum garden) on kesi (cut silk) depicting the refined life of Tang dynasty literati. These paintings will only be displayed during the first two months (June 28 to August 27). Other key exhibits include a sancai teaware set with a seated figurine revealing the image of Lu Yu, China's sage of tea; a gold jie comb (hair comb accessory) carved in openwork from a thin piece of gold; a painted figurine of a dancing black man with exotic charm; the "Lun Yu Zheng Xuan Zhu" (the Analects with annotation by Zheng Xuan) copied by Bu Tianshou, which has been included in the first batch of the National Catalogue of Precious Ancient Books; and a crimson gold walking dragon used in ritual ceremonies, which will be displayed throughout the entire exhibition period.The exhibition also displays significant Tang dynasty artefacts unearthed at Chek Lap Kok, Tung Chung and San Tau on Lantau Island in Hong Kong, including ceramic ware, iron weapons, bronze belt ornaments, silver chai hairpin, glass ring, fragment of silver piece, Kai Yuan Tong Bao (circulating treasure from a new era) and Qian Yuan Zhong Bao (heavy treasure of Qian Yuan reign) bronze coins, to illustrate the role of Hong Kong in the Maritime Silk Road.The exhibition will run at the Hong Kong Heritage Discovery Centre in Kowloon Park, Haiphong Road, Tsim Sha Tsui, from tomorrow to December 31 with free admission. For details and a short video on the preparation of the exhibition, please visit the website of the Antiquities and Monuments Office of the DEVB. (Link: https://www.amo.gov.hk/en/visitor-centre/exhibitions/heritage-discovery-centre/tang-exhibition/index.html )The opening ceremony of the exhibition entitled "Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness" was held today (June 27) at the Hong Kong Heritage Discovery Centre. Photo shows the Secretary for Development, Ms Bernadette Linn, giving a speech at the opening ceremony.The opening ceremony of the exhibition entitled "Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness" was held today (June 27) at the Hong Kong Heritage Discovery Centre. Photo shows the Secretary for Development, Ms Bernadette Linn (second left); Deputy Administrator of the National Cultural Heritage Administration Mr Qiao Yunfei (first right); and the Secretary General of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, Mr Wang Songmiao (second right), touring the exhibition.The opening ceremony of the exhibition entitled "Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness" was held today (June 27) at the Hong Kong Heritage Discovery Centre. Photo shows a sancai teaware set with a seated figurine revealing the image of Lu Yu, China's sage of tea.The opening ceremony of the exhibition entitled "Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness" was held today (June 27) at the Hong Kong Heritage Discovery Centre. Photo shows a crimson gold walking dragon used in ritual ceremonies. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 26, 2025 - (ACN Newswire via SeaPRwire.com) - Wasion Holdings Limited (the “Company”, “Wasion” or the “Group”; stock code: 3393.HK), China’s leading provider of energy measurement equipment and energy-saving solutions, is pleased to announce that its wholly-owned subsidiary, WASION, S. DE R.L. DE C.V. (‘‘Wasion Mexico’’), secured a smart meter tender contract from the Federal Electricity Commission of Mexico (“CFE”) on 26 June 2025, with a contract value of over MXN627.39 million (equivalent to over RMB238.41 million or HK$263.50 million). In addition, Wasion Mexico had entered into a smart meter supply agreement with CFE earlier on 25 March 2025, valued at over MXN1,452.93 million (equivalent to over RMB552.11 million or HK$610.23 million).CFE, a state-owned entity established by the Mexican government, is the dominant player in the electric power industry in Mexico and serves approximately 50 million customers. As of 2025, the Group has successfully won cumulative smart meter contracts from CFE exceeding MXN2,080.32 million (equivalent to over RMB790.52 million or HK$873.73 million). This achievement demonstrates Wasion Mexico’s leading brand position in the local market.Additionally, Wasion Group (Tanzania) Limited, a Tanzania-based subsidiary of the Company, also won a tender contract for smart meters from Tanzania Electric Supply Company Limited (“Tanesco”) on 10 June 2025, with a contract sum of approximately RMB61 million (approximately HK$66.65 million). Tanesco is the only state-owned power company in Tanzania serving approximately 15 million users. The Group’s successful acquisition of three major smart power meter contracts in key emerging markets has significantly strengthened its brand internationalization and demonstrated the high level of trust and recognition its products enjoy among overseas customers.Mr. Ji Wei, Chairman of the Group, said: “CFE has a vast power generation capacity and owns the entire transmission and distribution system in Mexico. It is also the sole operator of the national power grid, providing integrated generation, transmission, and distribution services. We are honored that Wasion Mexico has been recognized as both a trusted supplier to CFE and a leading brand in Mexico's power meter industry. Meanwhile, Tanzania will continue to serve as the Group’s business hub in East Africa, from which the Group plans to further expand its presence into Uganda, Kenya, Mozambique, and other neighboring countries. Looking ahead, the Group aims to maintain steady orders for power meters in Africa while actively developing new projects, including energy storage. These successful bids reflect the Group's rapid overseas growth and continued strong performance in emerging markets such as Latin America, Africa, and Central Asia. With production and R&D centers in Mexico and Tanzania, the Group is committed to expanding market share in key overseasmarkets, enhancing local competitiveness to radiate influence surrounding regions, deeply addressing existing customer needs, improving product quality and service standards, and proactively pursuing new international opportunities.”About Wasion Holdings LimitedWasion Holdings is the leading provider of energy measurement equipment and energy-saving solutions in the PRC. Its products and services include Power Advanced Metering Infrastructure (Power AMI), Communication and Fluid Advanced Metering Infrastructure (Communication and Fluid AMI), Advanced Distribution Operations (ADO), Smart Distribution Solutions (SDS), Smart Distribution Devices (SDD), and Energy Efficiency Solutions (EES). The Group’s current clients include power grid companies, water, gas and heat providers, and other major industrial and commercial users. Its products have major market share in the PRC and are exported worldwide to Asia, Africa, Europe and the United States. Its research center and laboratory have been certified as national grade and meet international standards. Wasion’s R&D capabilities in smart metering and energy-saving solutions are renowned within the industry.For more information, please visit:http://ir.wasion.com/tc/index.php Copyright 2025 ACN Newswire via SeaPRwire.com.

SAN DIEGO, CA, June 27, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) announces an investment in another Dutch business, Arceon, following the inaugural Blue Magic Netherlands (BMN) event held in November 2024. GA-ASI is a global leader in unmanned aircraft systems and related mission systems.GA-ASI selected Arceon following a compelling pitch they made during the BMN event and after detailed business and technology discussions with GA-ASI and GA's affiliates, General Atomics Energy and General Atomics Electromagnetic Systems. Arceon joins Emergent Swarm Solutions and Saluqi Motors as companies receiving investment from GA-ASI following the BMN event.Arceon is revolutionizing high-performance ceramic composites through their innovative, fast, scalable, and cost-effective melt infiltration process. Their cutting-edge Carbeon carbon-ceramic components - engineered for applications such as nozzles, nozzle extensions, leading edges, nose caps, and airframes - are tailored to meet the increasing and rigorous demands of the space and defense sectors."We are honored to collaborate with General Atomics in advancing hypersonic development. This milestone marks our official entry into the U.S. defense sector, presenting an extraordinary opportunity to demonstrate our technology on a global stage. We look forward, with great anticipation, to the journey ahead," said Rahul Shirke, founder and CEO of Arceon B.V."We're excited to be working with Arceon," said Brad Lunn, managing director for GA-ASI. "Their technology could have a broad range of applications for GA, from high-temperature engine exhaust materials to hypersonics and fusion containment."At the Blue Magic investment and innovation conference in the Netherlands last November, GA-ASI and its partners heard pitches from innovative Dutch companies about the important technologies they are developing. The event was organized collaboratively between GA-ASI, the Dutch Ministry of Defense, the Dutch Ministry of Economic Affairs, Brainport Development in Eindhoven, and Brabant Development Agency (BOM). GA-ASI is delivering eight MQ-9A aircraft to the Royal Netherlands Air Force (RNLAF).GA-ASI is continuing to work with the Dutch government and Dutch industry in supporting the growth of technology innovation in the Netherlands and anticipates holding its second BMN event in Eindhoven later this year. The company hosted its first Blue Magic event in 2019 in Belgium, with subsequent events held in 2020, 2021, and 2023.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

MAKKAH, SAUDI ARABIA, SA, June 26, 2025 - (ACN Newswire via SeaPRwire.com) - The General Authority for the Care of the Two Holy Mosques, represented by the King Abdulaziz Complex for the Holy Kaaba Kiswa, presided over the occasion of the replacing of the Kiswa on the first day of the month of Muharram (Hijri). This took place within an integrated operational system that reflects the Kingdom of Saudi Arabia's willingness and dedication to serving the Two Holy Mosques-continuing a legacy of over 100 years of care in producing the Kiswa for the Ancient House.Holy KaabaThe Ceremony of Changing the Kiswa of the Holy KaabaThe occasion was conducted with meticulous organisation. As the previous Kiswa was carefully prepared for removal, the new Kiswa was raised and securely fastened to all sides of the Kaaba. Additionally, the door curtain embroidered with golden embellishments, lantern-shaped pieces, the belt, and samadiyah pieces were affixed-a scene embodying high craftsmanship and precision.The King Abdulaziz Complex for the Holy Kaaba Kiswa is the sole specialist entity responsible for the production of the Kiswa. The production stages are carried out within the complex through a precise production process that begins with the purification of water designated for dyeing, followed by automated weaving, printing, embroidery, and assembly. It concludes with quality assurance measures undertaken by 154 skilled Saudi specialists and technicians.During the production of the Kiswa-which weighs up to 1,415 kilograms-high-quality raw materials are utilised, including 825 kilograms of black-dyed natural silk and 410 kilograms of cotton. The Kiswa is embroidered with 120 kilograms of gold thread and 60 kilograms of silver thread. Additionally, it features 54 gold-coated pieces, comprising the belt, Quranic verses, the door curtain, lantern-shaped pieces, and embellishments surrounding the Mizab and corners.The Kiswa is adorned with 68 Quranic verses from 11 surahs, while the door curtain contains 763 words from the Quran. It is secured using 100 precisely positioned ropes, evenly distributed across all four sides of the Noble Kaaba.The Kiswa stands over 14 metres tall and is made up of five main parts-four of which cover each side of the Kaaba, while the fifth forms the door curtain, embroidered with Quranic verses in gold and silver threads, crafted using precise techniques and profound expertise.The occasion of replacing the Kiswa represents a continuation of the legacy established by the Kingdom of Saudi Arabia since the time of its founder, King Abdulaziz bin Abdulrahman Al Saud-may Allah have mercy upon him. It reaffirms the continuation of this blessed legacy under the direct care of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and his Deputy, His Royal Highness Crown Prince Muhammad bin Salman bin Abdulaziz-may Allah preserve them both. This initiative aligns with the national vision that emphasises excellence in the services provided to the visitors of the Sacred House of Allah.Source: https://alharamain.gov.sa/public/?page=home_enAbout the Authority:An independent body overseeing the Grand Mosque and the Prophet's Mosque.Contact:(+966) 8254241 - (+966) 0148233610Unified Contact Centre: 1966Contact InformationThe General Authority for the Care of the Two Holy MosquesMakkah(+966) 0148233610SOURCE: The General Authority for the Care of The Two Holy Mosques Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 26, 2025 - (ACN Newswire via SeaPRwire.com) - IBI Group Holdings Limited (“IBI” or the “Company”, together with its subsidiaries, the “Group”; Stock Code: 1547), a company focused on investments in the built environment, today announced its audited consolidated results for the year ended 31 March 2025 (“FY2025” or the “year under review”).FY2025 was marked by a challenging global economic environment, which placed significant pressure on the construction industry and resulted in highly competitive tendering conditions. At the same time, global trade tensions triggered unexpected volatility, prompting capital flows to shift towards Asia. This trend has begun to invigorate the Hong Kong market and may help to alleviate some of the pressure on Mainland China's manufacturing sector. Coupled with a strong rebound in inbound tourism and improving market sentiment, these developments have contributed to a more optimistic local outlook. The Group remains confident in Hong Kong’s economic prospects and, with its rigorous risk management, effective cost control, and strategic focus on emerging opportunities, is well positioned to navigate the evolving landscape and drive sustainable growth.During the year under review, the Group demonstrated remarkable resilience and delivered a solid financial performance. Profit attributable to the owners of the Company surged around 23.0 times to approximately HK$8.4 million (FY2024: approximately HK$0.4 million). This increase was mainly attributable to improvement in the Building Solutions segment, the recognition of the unrealised profit generated from financial assets at fair value, and the recognition of a significant fair value loss on investment property in the previous year. Basic and diluted earnings per share was HK1.0 cent (FY2024: HK0.0 cents). The Board has recommended the payment of a final dividend of HK0.5 cents for FY2025 (FY2024: HK0.5 cents).Mr. Neil Howard, Chairman and Chief Executive Officer of IBI, said, “Despite the challenging global economic environment, the Group delivered a strong performance in FY2025, with profitability rising significantly. Furthermore, towards the end of the period, the Group successfully secured four large projects with a total value exceeding the entire turnover for FY2025. This notable result highlights the effectiveness of our strategic focus, the depth of our resilience, and our ability to adapt quickly to change. Looking ahead, we will continue to strengthen our business development, respond swiftly to market dynamics, and pursue continuous improvement to drive long-term value creation and deliver sustainable returns to our shareholders.”Business Review1.ContractingIBI provides world-class interior fitting-out and building refurbishment services in Hong Kong and Macau, predominantly acting as the main contractor for clients across many industry sectors. The construction industry remained under pressure for most of the year. Although the Group completed a higher number of projects compared to the previous period, many were smaller in scale, resulting in a decline in turnover. However, through strict cost control and proactive final accounting by the commercial team, the segment delivered a solid set of results despite the challenging environment. During the year under review, the Group recorded profit from contracting of approximately HK$7.4 million (FY2024: approximately HK$15.2 million), completed 12 projects, and was awarded 13 projects.Notably, during the latter part of the period, the Group secured four large projects with a total value exceeding the entire turnover for FY2025. In May 2025, IBI entered into a memorandum of understanding regarding a potential investment in the development of a new central business district covering around 318 hectares in Manila, the Philippines. Leveraging its expertise in construction and project management, the Group will serve as project advisor, overseeing the project and providing professional advice on construction, procurement, and progress. This collaboration supports the Group’s long-term strategy and, if realised, could diversify its income streams and support long-term growth. These projects will lay a strong foundation for FY2026.In Macau, IBI secured its first project since resuming operations. The Group is actively rebuilding relationships with previous clients and aggressively tendering for new projects.2.Building SolutionsThe Group’s subsidiary, Building Solutions Limited (“BSL”), which provides products and services that enhance the performance and well-being of the built environment in order to provide modern, healthy and high-performing spaces for occupants, recorded a significant and continued improvement in its performance. During the year under review, BSL recorded a segment profit of approximately HK$0.6 million (FY2024: segment loss approximately HK$0.3 million), with sales revenue increasing by 58.2% year on year. BSL achieved profitability during FY2025, marking a significant milestone for the start-up. With continued research and identification of new products, the Group believes that the division’s reputation for delivering high-quality building products and services will achieve further growth.3.Strategic InvestmentsThe Group’s strategic investment division was established to efficiently allocate capital into new market sectors and expand its presence in the built environment. During the year under review, the strategic investments division of the Group recorded a segment profit of approximately HK$0.9 million (FY2024: segment loss approximately HK$3.2 million), which was realised from an unrealised fair value gain on its investment in a large real estate investment trust, a Hong Kong-listed company that owns and manages a diversified and high-quality portfolio. Regarding the assets in Japan, specifically the plots of land in Kutchan, Hokkaido, the Group is continuing to analyse the optimum strategy for the site, and is considering expanding the project, as the analysis indicates that a larger-scale development could provide significant economies of scale and a far greater return on investment. Moving forward, the Group will continue to explore potential investment opportunities and looks forward to announcing further successes in this area.4.Property InvestmentsThe Group’s property investment subsidiary focuses on purchasing physical real estate to generate additional income and expand the Group’s geographical presence. The property investment division of the Group recorded a segment profit of approximately HK$2.5 million for FY2025 (FY2024: segment loss approximately HK$8.1 million), maintaining a steady performance and a 100% occupancy rate. During the year under review, the Group engaged a planning architect to survey the West Wing rooftop area and prepare an initial design for additional commercial space. The Group then held a pre-planning meeting with the local government planning office, which gave positive feedback and indicated that it would not object to the construction of an additional floor. This addition would create 2,500sq ft of tenantable space, which is expected to have a positive impact on the property’s valuation.About IBI Group Holdings Limited (stock code: 1547)IBI Group Holdings Limited is a publicly listed holding company on the Hong Kong Stock Exchange, focused on investments in the Built Environment. The Group’s investments whilst principally centering around the role of contracting, include businesses providing innovative, high quality manufacturing and supply solutions across a diverse range of the built environment. Our mission is to deliver premium products, services and customer experiences with a strong influence of innovation, sustainability and wellness. For more information, please refer to IBI’s website: https://ibighl.com/. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 25, 2025 - (ACN Newswire via SeaPRwire.com) - Galaxy Payroll Group Limited (NASDAQ: GLXG, “Galaxy Group”), a leading global payroll provider, announced today the signing of a Memorandum of Understanding (MOU) to jointly develop innovative AI-powered HR solutions. The partnership will combine Galaxy's payroll expertise with CURRENC's artificial intelligence technology to create advanced tools for modern workforce management.The cooperation, as outlined in the MOU, will focus on the development of two key modules that leverage the combined strengths of both parties. The “AI HR & Payroll Manager” will integrate Galaxy's extensive payroll expertise with CURRENC's advanced AI capabilities to streamline and enhance HR and payroll operations. This module will also introduce cryptocurrencies, particularly stablecoins, as a payment option for payroll processing, aligning with the growing trend of digital payments and offering clients a more efficient and secure payment alternative.The “AI Recruitment Manager” will utilize data-driven automation technology to optimize the recruitment process, providing intelligent candidate screening and automated interview scheduling. This system aims to help enterprises accurately match talents with job requirements, significantly improving the efficiency and effectiveness of their recruitment processes. Together, these modules will not only enhance operational efficiency but also provide clients with innovative solutions that address modern workforce challenges.Speaking of the strategic significance of this cooperation, Wai Hong Lao, Chairman and Chief Executive Officer of Galaxy Payroll Group, said, “Integrating stablecoins into our AI-driven HR product suite represents a dual innovation. It not only keeps pace with the current trend of digital payments but also enhances operational efficiency for our multinational clients, helping them achieve HR management upgrade in the digital era.”Alex Kong, Founder and Executive Chairman of CURRENC, stating, “By combining Galaxy’s professional payroll service advantages with our accumulated AI technology in the financial field, we are confident in creating next-generation HR tools that can meet the challenges of today’s labor market and provide enterprises with more competitive solutions.”About CURRENC Group Inc.CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies, cryptocurrency exchanges and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.About Galaxy Payroll Group LimitedGalaxy Payroll Group Limited is a leading payroll outsourcing service provider based in Hong Kong. The company specializes in delivering HR and payroll solutions to multinational companies across various industries. With a focus on innovation and client satisfaction, GLXG operates in Hong Kong, Taiwan, Macau, and the PRC, offering payroll outsourcing, employment services, and consultancy to businesses of all sizes.For more information, please visit Galaxy Payroll Group's website: www.galaxyapac.com.Forward-Looking StatementsMatters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words "believe," "anticipate," "intends," "estimate," "potential," "may," "should," "expect" "pending" and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.For enquiry, please contact Intelligent Joy Limited:Karen DengPhone: (852) 3594 6407Email: pr-team@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com.