Alpha DX Group Completes Acquisition of DiDi Academy

Alpha DX Group Limited, (“Alpha DX”, the “Company” and together with its subsidiaries, the “Group”), a premier learning and education solution company, is pleased to announce that it completed the acquisition of DiDi Academy as approved by the Company’s shareholders via an EGM held on 8 September 2021.

Separately, under the Addendum to the MOU (“Addedum”), DiDi Academy has been appointed as a service provider in “Next Generation” University – the Asnaro University of Uzbekistan (“PROJECT ASNARO”), the project Alpha DX entered into a memorandum of understanding (“MOU”) with the Republic of Uzbekistan (Ministry of Higher Education and Secondary Specialized Education of Uzbekistan) (“Uzbek MHSSE”) to build and operate together, as previously announced.

Furthermore, DiDi Academy will also develop collaborations and partnerships between Universities in Uzbekistan and Universities in Japan to facilitate various joint programs, including but not limited to, such as student exchange programs and joint degree programs among partner Universities in both countries.

Subject to the entry of binding agreements, Didi Academy is expected to receive agreed fees of no less than US$1.56 million over a five-year period to provide representations and campuses in Japan for Universities in Uzbekistan, on top of additional service fees from such joint programs.

DiDi Academy is also in advanced stage of negotiations for formal collaborations and partnership with several academic institutions and businesses in Japan to offer EduTrust certified educational and training programs to students and working professionals in Japan through a new licensing agreement that is in discussions with ERC Institute Pte. Ltd. (“ERCI”).

As one of the leading higher education & learning private institutions in Singapore, ERCI is engaged in the business of providing various EduTrust certified academic programs through collaborations with global institutions, which includes Advanced Diploma Programs, Bachelor’s Degree Programs, Master’s Degree Programs and corporate training services.

Alpha DX’s CEO, Mr Daiji Yamada, said, “As a pioneer in offering alternative choices in the academic path for students in Japan, DiDi Academy has the first mover advantage within Japan’s education market which has a combined market size of approximately S$91 billion per annum, comprising domestic education service of S$33 billion and higher education (Universities and Colleges) of S$58 billion.

Utilising our extensive range of digital technology to deliver the education and training programs will create a new emerging blue ocean segment within the massive education and learning market in Japan, hence DiDi Academy is expected to undertake a key strategic role in the Group’s growth plans ahead.”

The Company will continue to provide timely updates to shareholders as each new arrangement and partnership is being finalised and executed.

About Alpha DX Group Limited
(Bloomberg: ALEN:SP / Reuters: ALPH.SI/ SGX Stock Code: VVL)

Listed on the Singapore Stock Exchange, Alpha DX Group Limited (“Alpha DX”) is one of the region’s leading learning solution companies.

Led by the veterans in Technology, Education, Corporate Training and Business consultancy in both the Board of Directors and the management team, Alpha DX provides next generation Expanded Reality (XR)* integrated solutions in learning and education market that enable our customers to create engaging, fully immersive, super enhanced learning and training experiences of the future – next generation educational Institutions, multi-dimensional learning design methodologies, digital content conversion and creation platform, ubiquitous learning super platform and systems with the relevant technologies – all under one roof.

With a strategic focus on integrating XR technologies to create a personalised and digitally enhanced learning experience, Alpha DX aims to offer new value propositions, with its integrated ubiquitous learning solutions, to serve both today’s and the future needs of diverse learners across all genders, ages, cultures and purposes.

For more information, please visit www.alpha-dx.com.sg

Issued on behalf of Alpha DX Group Limited. by 8PR Asia Pte Ltd.
Media & Investor Contacts:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

This press release has been reviewed by the Company’s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”) and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Ng Shi Qing, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.


Topic: Press release summary

Alpha DX Advancing on its First Public-Private Partnership in Digital Learning & Education with Uzbekistan

Alpha DX Group Limited, (“Alpha DX”, the “Company” and together with its subsidiaries, the “Group”), a premier learning and education solution company, is pleased to provide updates on the Group’s first public-private partnership (“PPPs”) in digital learning and education.

Previously on 26 August 2021, the Group has entered into a Memorandum of Understanding (“MOU”) with the Ministry of Higher and Secondary-Specialized Education (“MHSSE”) of the Republic of Uzbekistan (“Uzbekistan”) that encompass various joint ventures, collaborations and key deliverables in relation to AUU. As such, the Company has announced that its subsidiary, ZioNext Pte. Ltd., will develop and implement the next generation ubiquitous learning platform for AUU.

Under the MOU, Alpha and MHSSE will also establish a joint venture with the primary purpose of establishing and managing the AUU, a next generation University that will be fully integrated with the ubiquitous learning platform developed by Alpha DX’s subsidiaries.

PPPs are widespread in both developing and developed countries and governments often see PPPs as a way of improving quality, access or cost-effectiveness in their education system.

Subsequent to entry of the MOU, further discussions have been undertaken, and the joint venture is expected to be funded with USD$50 million by the joint venture partners and it will primarily be channelled towards the development and growth of AUU. Moving ahead, the scope of the joint venture may be expanded to include the transformation of the entire public education system of Uzbekistan. The establishment of the joint venture and its terms are subject to the entry into binding agreements.

Scheduled to open in the 3rd quarter of 2022, AUU will have two campuses in Uzbekistan with the main campus located in Tashkent, the capital city of Uzbekistan, and the second campus located in Andijan, the administrative, economic, and cultural center of Andijan Region.

The Company will provide timely updates to shareholders as each contract is being finalised and executed.

With a strategic focus on integrating wide range of digital technology in education and businesses through strategic collaborations and partnerships, Alpha DX aims to transform learning and education to a fully personalised and ubiquitous learning experience for all learners across the world.

Formerly known as Alpha Energy Holdings Limited, the Group has transformed itself in January 2021 with fund raising and restructuring initiatives under the leadership of technology and financial veterans in the learning and education industry.

Alpha DX’s CEO, Mr. Daiji Yamada, said, “The sheer scale to continuously improve the quality of education justifies the need for public-private partnership. Many verticals within the education industry have been disrupted by the pandemic and in fact, we are operating in a market that is growing at a dramatic rate. As such, we are well positioned to harness the opportunities with our growing track record and capabilities.

“This PPP joint venture with the Republic of Uzbekistan is a corporate milestone for Alpha DX and it fits well with our growth strategy, enabling us to further expand our technological and intellectual resources in the global digital Learning industry. We expect the joint venture to help facilitate the development of our existing pipeline of project opportunities and prospective projects for further diversification and growth.”

About Alpha DX Group Limited
(Bloomberg: ALEN:SP / Reuters: ALPH.SI/ SGX Stock Code: VVL)

Listed on the Singapore Stock Exchange, Alpha DX Group Limited (“Alpha DX”) is one of the region’s leading learning solution companies.

Led by the veterans in Technology, Education, Corporate Training and Business consultancy in both the Board of Directors and the management team, Alpha DX provides next generation Expanded Reality (XR)* integrated solutions in learning and education market that enable our customers to create engaging, fully immersive, super enhanced learning and training experiences of the future — next generation educational Institutions, multi-dimensional learning design methodologies, digital content conversion and creation platform, ubiquitous learning super platform and systems with the relevant technologies — all under one roof.

With a strategic focus on integrating XR technologies to create a personalised and digitaly enhanced learning experience, Alpha DX aims to offer new value propositions, with its integrated ubiquitous learning solutions, to serve both today’s and the future needs of diverse learners across all genders, ages, cultures and purposes.

For more information, please visit www.alpha-dx.com.sg

Issued on behalf of Alpha DX Group Limited. by 8PR Asia Pte Ltd.
Media & Investor Contacts:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

This press release has been reviewed by the Company’s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”) and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Ng Shi Qing, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.


Topic: Press release summary

Alpha DX Sets Sights on China with Proposed Investment in JobForesight

Alpha DX Group Ltd. (“Alpha DX”; SGX:VVL), a premier learning and education solutions company, is pleased to announce that its technology subsidiary, ZioNext Pte Ltd, has signed a Memorandum of Understanding to invest in Singapore-based JobForesight, which has developed a cloud-based application, Careershe, that offers an academic & career planning platform that is targeted at the largest education system in the world.

Guangdong-based Careershe (www.careershe.com/en.html) was created to assist Chinese youth between ages 15 and 25 years old to equip themselves with the relevant information and knowledge that are necessary for them to optimise their decision-making process in choosing the appropriate educational programs as well as the career opportunities that are best suited to them.

With personalised matching analysis using Big Data and Artificial Intelligence (AI) and the database on Careershe’s platform, Careershe can enable Chinese youths to navigate through the extremely competitive education and career environment by personalising the education and career roadmap with the formulation of an optimal academic and career design.

Careershe currently has approximately 10,000 registered users with over 600 minutes of exclusive career video content. With the proposed investment, Careershe universal student navigation platform will be integrated with Alpha DX’s Ubiquitous Learning Super Platform (ULSP) to expand the Group’s service offerings to harness new opportunities within the global learning and education ecosystem.

Alpha DX’s CEO, Mr Daiji Yamada, said, “Education unlocks vital skills that shape our career and lives, hence Careershe is developed as a trusted and reliable source for Chinese students to obtain objective insights and professional guidance in their education and career journey to achieve their full potential and dreams.

We aim to work together with Careershe to enable more youths to acquire the relevant skillsets and knowledge in their areas of interest and to transition seamlessly in their future careers.”

Formerly known as Alpha Energy Holdings Limited, the Group transformed itself in January 2021 via fundraising and restructuring initiatives under the leadership of technology and financial veterans in the learning and education industry. The Company will update shareholders of any developments on the proposed investment in JobForesight.

About Alpha DX Group Ltd

Listed on the Singapore Stock Exchange (SGX: VVL), Alpha DX Group Ltd (Alpha DX) is one of the region’s leading learning solution companies. Led by the veterans in Technology, Education, Corporate Training and Business consultancy in both the Board of Directors and the management team, Alpha DX provides next-generation XR* integrated solutions in the learning and education market enabling our customers to create engaging, impactful learning and training experiences that have never been possible until now — Next generation Learning Institutions, multi-dimensional learning design, digital content creation, learning technologies, learning platform solutions and systems integration — all under one roof.

With a strategic focus on integrating Extended Reality (XR*) technology to create a personalised and expanded learning experience, Alpha DX aims to develop new value propositions to serve the future needs of learners from its diversified customer base, ranging from government agencies, education institutions to private enterprises. (*XR is a term used to describe immersive technologies (such as augmented reality, virtual reality, and mixed reality plus other new innovations that are still in development) that can merge the physical and virtual worlds.)

For more information, please visit www.alpha-dx.com.sg.

Alpha DX Group Ltd trades as: SGX: VVL / ALEN:SP [Bloomberg] / ALPH.SI [Reuters]

Issued on behalf of Alpha DX Group by 8PR Asia Pte Ltd:

Media & Investor contact
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

This press release has been reviewed by the Company’s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”) and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Ng Shi Qing, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.


Topic: Press release summary

Japan – Woven Alpha, Isuzu and Hino Begin Exploring the Use of Automated Mapping Platform

Woven Alpha, Inc., a group company of Woven Planet Holdings, Inc., a subsidiary of Toyota Motor Corporation, Isuzu Motors Limited, and Hino Motors, Ltd. announced today an agreement to proceed with talks to utilize the Automated Mapping Platform (AMP) developed by Woven Alpha.

AMP is a connected crowdsourced software platform that supports the creation, development and distribution of high definition (HD) maps–a key enabler for smart and safe automated mobility. AMP provides high-precision data driven maps by utilizing vehicle fleet data and advanced satellite imagery technology. AMP HD map includes several layers of data rich information of road objects such as lanes, road signs, traffic lights, and other objects, as well as that of road curves and topography creating an accurate representation of the road while keeping it updated. The Woven Alpha team plans to develop AMP to become the most globally comprehensive road and lane network HD map platform enabling high-precision localization support to automated driving vehicles.

With the aim of realizing smarter and safer logistics through automated driving and Advanced Driver Assistance System (ADAS) using HD maps, Isuzu and Hino will examine the potential application of AMP on the domain of small commercial-purpose trucks. The initiative aims to contribute to the dissemination of safer automated driving and ADAS with Commercial Japan Partnership Technologies Corporation that intends to accelerate CASE responses, which Toyota announced with Isuzu and Hino.

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