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Tag: MoU

SC Ventures and SBI Holdings sign MOU to accelerate portfolio expansion and build ecosystems

9 May 2022, Singapore - SC Ventures, Standard Chartered’ s innovation, fintech investment and ventures arm, announced that it had entered into a memorandum...

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Chinese Police Cracked a $16 Million Crypto Pyramid Scheme: Report

The Shanghai authorities busted a crypto pyramid scheme that stole almost $16 million from victims, reads a new report.

Binance is eyeing the potential acquisition of a Brazilian securities brokerage

Binance signed a memorandum of understanding (MOU) to potentally acquire Brazilian securities brokerage Sim;Paul Investimentos.

The post Binance is eyeing the potential acquisition of a Brazilian securities brokerage appeared first on The Block.

DOST To Launch Decentralized Innovation Centers in PH Universities

The TBI program aims to carry out an innovation mandate to support startups in developing products and services that utilize emerging technologies while promoting innovation by providing all the necessary resources and support.

The post DOST To Launch Decentralized Innovation Centers in PH Universities appeared first on BitPinas.

Pasqal and ARAMCO Collaborate on Quantum Applications for Energy Industry

Riyadh, Saudi Arabia — March 9, 2022 – Pasqal, a developer of neutral atom-based quantum technology, and ARAMCO announced the signing of an MoU to collaborate on quantum computing applications in the energy sector. Objectives include accelerating the development of quantum-based machine learning models as well as advancing other use cases for the technology across […]

The post Pasqal and ARAMCO Collaborate on Quantum Applications for Energy Industry appeared first on insideHPC.

BuildTech Asia 2022 Returns with First Physical Exhibition since Covid-19

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Singapore, Mar 9, 2022 - (ACN Newswire) - The 11th edition of BuildTech Asia (BTA) 2022 will return in a hybrid format from 15 - 17 March 2022. The leading platform for the building and construction industry in the Asia Pacific region, BTA 2022 is expected to draw more than 10,000 attendees online and in-person, with a physical exhibition - the first to be held in two years - taking place at the Singapore EXPO.

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Themed "Connecting The Future of Asia's Built Environment", BTA 2022 will feature more than 120 physical and virtual exhibitors, 44 industry associations and partners from 16 participating countries. After two digital editions in 2020 and 2021, this year's hybrid event is expected to attract strong participation from representatives in key markets such as Malaysia, Australia, India, Indonesia, Cambodia, the Philippines and Korea - all of which have ongoing Vaccinated Travel Lane arrangements with Singapore.

In line with the Construction Industry Transformation Map (ITM) for the built environment sector launched in 2017, the event will focus on helping industry players accelerate the adoption of digitalised solutions and smart technologies in the key segments of building materials, construction machineries, architectural finishes, facilities management and productive technology. Co-located with BTA 2022 are the in-person Facilities Management Conference (FMC) on 15 and 16 March, as well as the hybrid Constructing Our World (CoW) Conference and physical Construction Safety & Health Conference 2022 on 17 March, where over 40 experts including representatives from Autodesk Construction Solutions, Siemens and ST Engineering will be speaking.

BTA 2022 is a Constellar event. Mr Chua Wee Phong, Chief Executive (Markets) for Constellar said: "We are very much looking forward to the regional building and construction industry coming together again, this time in a hybrid manner including the return of the physical exhibition at BTA 2022. As an annual marque event we are privileged to continue playing a pivotal role in helping industry players map out a sustainable business transformation journey, foster new partnerships, and plug into a comprehensive global network of industry experts and peers."

Guest-of-Honour Mr. Tan Kiat How, Minister of State, Ministry of Communications and Information & Ministry of National Development, will kick off the event with a launch of the physical exhibition of BTA 2022 at the Singapore EXPO as well as an opening address at FMC 2022. Also happening on opening day are the signing of a Memorandum of Understanding (MoU) between Constellar and MMI Asia to jointly develop a future event focusing on smart, efficient and green building technologies; and a second MoU between Singapore Institute of Building Limited (SIBL) and Royal Institution of Chartered Surveyors (RICS) pledging greater collaboration for the benefit of its members.

On the physical exhibition floor, visitors can view demonstrations of the latest automated equipment and machinery, join Sandbox sessions designed to address challenges and ideate solutions, and visit over 80 physical showcases featuring new technological developments including charging stations for electric cars by Kyo Ei Denko, which will have a Tesla Model 3 on-site for demonstration, and construction project management tool Finalcad One, which helps teams collaborate and monitor field information in real time to enhance the safety and productivity of worksites.

At the centre of the exhibition space, the Smart Innovation Pavilion will showcase the latest digitalised solutions and smart technologies, featuring exhibitors such as Autodesk with its state-of-the-art Building Information Modeling (BIM) software, also widely known as the industry standard in Singapore; other highlights include a Smart Toilet System by Convergent Smart Technologies, a maintenance free technology that employs a people density counter and ammonia sensor to improve cleaning productivity, as well as the Thouzer robotic weight-bearing cart by Doog International, the only collaborative autonomous robotic solution with affordable pricing in the market.

Convening industry leaders to chart the path forward

To meet rising construction demand in a post-pandemic world, industry players are coming together at BTA 2022 to find solutions that will accelerate their digital transformation and help them boost productivity from conception and design-build, to operation and maintenance.
To that effect, the 5th edition of FMC will provide new perspectives on facilities management post COVID-19. The 2-day conference will focus on innovations for a sustainable and smart built environment, supporting the Building and Construction Authority's push for more FM teams to adopt advanced technologies that can help to increase productivity and foster better sustainability outcomes. Dr. Teo Ho Pin, a former Member of Parliament and Mayor, will deliver the keynote address on 15 March 2022 about the evolution of facilities management for a complex future.

The CoW Conference 2022 will address key issues pertaining to climate change, sustainability, innovation and human development within the construction sector. Themed "Pivoting towards a Greater Resilience", the conference aims to catalyse conversation around the globe on topics such as the education and training required to groom the builders of the future and strategies in keeping up with the demands of new technology. Mr. Chee Hong Tat, NTUC Deputy Secretary-General, will be giving the opening remarks as the Guest-of-Honour of the conference.

Top decision-makers and industry leaders from the built environment sector will also be gathering at the invite-only Industry Transformation Roundtable on the first day of BTA 2022. On the third day of the event, physical attendees can join the free Construction Safety & Health Conference 2022, held at the Singapore EXPO & MAX Atria, focusing on how the pandemic is shaping safety and health in the construction sector.

The digital platform for BTA 2022 will also provide enhanced networking opportunities and improved business matching features to help forge stronger connections between industry professionals, thought leaders, delegates and exhibitors around the region.

SIBL is the organiser of CoW and co-organiser of FMC with Constellar. SIBL President Dr Sussie Ketit, said: "Singapore Institute of Building Limited (SIBL) is pleased to co-present the hybrid edition of BTA 2022 with Constellar. This event comes at an important time to facilitate industry growth, providing a platform for built environment professionals to discover new innovations and collaborative opportunities that will help them grow more resilient against disruptions in the future."

Registration is still open at https://bit.ly/3d9sQL7

For more information, please visit www.buildtechasia.com or follow our social media channels for live updates to the event: LinkedIn @BuildTechAsia, Facebook @buildtechforasia, Instagram @buildtechasia_official, Youtube @BuildtechAsia

About BuildTech Asia

BuildTech Asia is the Asia Pacific premier platform for the built environment sector which showcases the latest smart solutions and productive technologies across the entire building life-cycle. With international and regional brands showcasing the most comprehensive exhibiting profile such as onsite construction machinery & equipment, building materials & solutions, architectural & quality finishes, productive technologies, facilities management, and infrastructure solutions to help accelerate the built environment sector to build faster and smarter. The annual event provides a gateway into Asia to network with a wide range of practitioners, technology experts, industry players, developers, agents, and distributors in the building and construction industry.

About Constellar

Constellar connects a global eco-system of event partners and consumers through a holistic portfolio of intellectual property (IP) in the Meetings, Incentives, Conventions and Exhibitions (MICE) industry.

As Asia's partner of reference for curating innovative event and venue experiences, Constellar activates impactful networks to bring global markets, businesses and consumers together for sustainable growth. With our expertise and dedication, we are invested in helping you build trusted relationships with stakeholders for the long term and enabling cross-industry collaboration through world-class audience engagement solutions.

Constellar is headquartered in Singapore. Founded in 2021, it brings together decades of experience with an intrepid team of experience specialists around the world. Visit www.constellar.co for more information.

Issued by Constellar

For media enquiries and interview requests, please contact:

Dax Lim Manager, Content & Communications Constellar Group Pte Ltd
Tel: +65 9109 6133 Email: dax.lim@constellar.co

Constellar Communications
Email: comms@constellar.co

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe 11th edition of BuildTech Asia (BTA) 2022 will return in a hybrid format from 15 - 17 March 2022.

A Potentially ‘Powerful Alliance – ‘Sony and Honda Join Forces to develop Electric Vehicles

The electric car market is creating alliances that were unpredictable until yesterday. The most recent example is Japan’s manufacturing giant Honda motors and Sony Group Corporation that, have signed a memorandum of understanding (MOU) to establish a joint venture through which they plan to engage in the joint development and sales of high value-added battery […]
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The Place Holdings Signs MOU to Acquire 51% of IP Rights Associated with Property Landmark, THE PLACE, and Iconic Attraction, Shimao Tianjie Sky Screen,...

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Singapore, Mar 7, 2022 - (ACN Newswire) - SGX mainboard-listed company, The Place Holdings Limited ("The Place Holdings", the "Company" and together with its subsidiaries, the "Group"), is pleased to announce that it has entered into a non-binding Memorandum of Understanding ("MOU") to acquire a 51% stake in two entities which hold the IP Rights of design patent and certain trademarks that are related to property landmark, THE PLACE, in Beijing as well as certain assets and businesses relating to the iconic attraction, Shimao Tianjie Sky Screen, in Beijing.

Highlights:

- The first acquisition relates to the intellectual Property Rights ("IP Rights") of design patent and certain trademarks that are used for the operations and management of the Sky Screen and real estate properties associated with the property landmark, THE PLACE ("THE PLACE"), in Beijing
- The recurring royalty income of the IP Rights are derived from the operation and management of the Shimao Tianjie Sky Screen and the usage of IP Rights in relation to the real estate properties associated with THE PLACE mall
- The second acquisition relates to the acquisition of certain assets and businesses relating to the Shimao Tianjie Sky Screen that are expected to generate operating revenue
- Shimao Tianjie Sky Screen ("Shimao Tianjie Sky Screen") is one of the largest sky screens in Asia, comprising 7,500 sqm of LED lights that is located next to THE PLACE
- Pioneering new experiential marketing experiences, Shimao Tianjie Sky Screen continues to be a popular venue and platform for various events, advertisements and media
- Both the IP Rights and Shimao Tianjie Sky Screen are income-generative businesses and they are expected to strengthen the financial performance of the Group
- There are also various opportunities to leverage on the IP Rights and technological features of Shimao Tianjie Sky Screen to develop new business propositions related to the digital economy (such as gamification, NFTs, Metaverse) and create new revenue streams

More information on THE PLACE and Shimao Tianjie Sky Screen can be accessed at https://www.theplacebeijing.com. After the completion of the Proposed Acquisitions, the Group is expected to receive recurring royalty income from the licensing of the IP Rights for the use in the operation and management of Shimao Tianjie Sky Screen and the real estate properties associated with THE PLACE, which is a mixed-use development built in 2006, comprising two top-tier office buildings and a high-end shopping retail mall, located at No. 9 Guanghua Road, Chaoyang District, Beijing, the heart of Beijing's Central Business District (CBD). In addition, the Group will also generate operating revenue from the operation of the Shimao Tianjie Sky Screen.

Shimao Tianjie Sky Screen is one of the largest sky screens in Asia with 7,500 sqm of LED lights across a space of 250m long and 30m wide, offering a spectacular light show experience with high-resolution imagery and state-of-the-art, immersive sound systems as well as technological features that enable interactivity.

Pioneering new experiential marketing experiences, Shimao Tianjie Sky Screen has established a strong brand and continues to be a popular venue and platform for various events, advertisements and media.

Developed by Beijing Aozhong Xingye Real Estate Development Co., Ltd, THE PLACE and Shimao Tianjie Sky Screen have quickly become a property landmark and iconic attraction in Beijing since it was unveiled to the public in September 2007.

Both the IP Rights and Shimao Tianjie Sky Screen are income-generative businesses and the proposed acquisitions are expected to strengthen the Group's cash flow and financial performance.

With a scalable asset-light model that can be replicated across various countries, there are also various opportunities to utilise the IP Rights and technological features of Shimao Tianjie Sky Screen to potentially develop new business propositions related to the digital economy (such as gamification, NFTs, Metaverse) and create new revenue streams.

Mr Ji Zenghe, Executive Chairman of The Place Holdings, said, "With THE PLACE and Shimao Tianjie Sky Screen having been in operations for more than 15 years, the proposed acquisitions represent direct access to a well-known property landmark and iconic attraction that are both cash-flow generative and profitable.

The revenue streams from both acquisitions can strengthen our financial performance and enhance our business agility to pursue new growth initiatives.

Based on the proven operating models of the underlying assets, the Group can adopt an asset- light business approach to pursue various collaborations and opportunities across various countries in Asia.

In addition, with evolving consumer behaviors in lifestyle and business activities, we believe that there are various opportunities to leverage on the IP Rights and technological features of Shimao Tianjie Sky Screen to push the boundaries of digital innovation and develop new business propositions related to the digital economy."

Contact:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe Place Holdings Limited, is pleased to announce that it has entered into a non-binding MoU to acquire a 51% stake in two entities which hold the IP Rights of design patent and certain trademarks that are related to property landmark, THE PLACE.

Ethiopian signs MOU for five Boeing 777-8F freighters

Boeing and its longstanding customer Ethiopian Airlines have announced the signing of a Memorandum of Understanding (MoU) with the intent to purchase five 777-8 Freighters, the industry’s newest, most capable and most fuel-efficient twin-engine freighter. The MoU to order the 777-8 Freighter will enable Ethiopian Airlines to meet expanding global cargo demand from its hub […]

Iran Intends to Build Its Own Aircraft That Can Carry 100 People

According to Touraj Dehqani Zanganeh, the head of Iran’s Civil Aviation Organization, the country is planning to develop a production line and build a 100-seat commercial passenger plane. New Iranian Aircraft Because sanctions prevent Iran from properly replacing its aircraft, […]

Cannacurio Podcast Episode 42 with Jim Thomas of ASTM International | Cannabiz Media

ASTM International Vice President of Sales and Marketing Jim Thomas joins Ed Keating to talk about how ASTM works to develop cannabis industry standards as well as how his team uses the Cannabiz Media License Database for research, sales, and business development. © CNB Media LLC dba Cannabiz Media

Binance Partners with KPOP SM Entertainment Subsidiary to Establish Play-to-Create Ecosystem

Users will be able to reproduce content from SM Entertainment, such as releases from its K-Pop groups like EXO, NCT, or Red Velvet.

The post Binance Partners with KPOP SM Entertainment Subsidiary to Establish Play-to-Create Ecosystem appeared first on BitPinas.

Bamboo Airways is coming to Sydney

Bamboo Airways has made this announcement: With the new nonstop Ho Chi Minh City City (Saigon)  – Sydney route, Bamboo Airways becomes the first new international airline to commence service to Sydney Airport following Australia’s borders reopening. Sydney Airport and Bamboo Airways have today inked a Memorandum of Understanding (MoU) and announced a new, twice-weekly […]
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