G3 Global Awarded RM118 Million Contract to Drive Digital Transformation of KLIA and klia2

Artificial Intelligence (AI) specialist G3 Global Berhad has secured the Group’s largest contract since restructuring the business with an RM118.38 million agreement to design and develop the Airport Integrated Security and Safety System (AIS3) for Malaysia’s two busiest airports – Kuala Lumpur International Airport (KLIA) and klia2 – in collaboration with SenseTime, a leading AI software company listed on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX).
The contract, which was awarded by Malaysia Airports (Sepang) Sdn Bhd (MA Sepang) on 15 April 2022, is the first master system architect project among the world’s Top 10 airports. MA Sepang is a wholly-owned subsidiary of Malaysia Airports Holdings Berhad and provides maintenance and airport facilities administration services.

G3 Global will leverage its AI capabilities and the deep industry knowledge of SenseTime to develop a state-of-the-art integrated platform that includes enhancing existing systems to improve the overall safety and security management capabilities.

Mr. Dirk Quinten, Managing Director of G3 Global Berhad said, “In pre-pandemic 2019, both KLIA and klia2 served 62.3 million passengers, of which almost 72% or 44.6 million were international arrivals. Post-reopening of international borders, the airports’ traffic is bound to recover and hence, there is a great need for a technologically-advanced smart security management system for both airports. This is where our AIS3 system will come in with its AI capabilities.

Our system is efficient, highly-integrated and has advanced data analytics capabilities. This will help to achieve faster and improved decision making in strengthening the airports’ safety management. The AIS3 will be key in transforming KLIA and klia2 into high-tech airports in the world, enabling them to be better equipped to handle more passengers in the future.

Meanwhile, with the partnership between G3 Global and SenseTime in this project, the Group can leverage on the experience and track record gained for upcoming proprietary analytic-based projects. G3 Global will also be able to diversify into Augmented Reality and retail solutions, integrated with our airport Big Data initiative.”

As G3 Global’s principal AI partner, SenseTime’s industry-leading AI platforms will complement the Group’s capabilities to provide a comprehensive suite of products for an end-to-end experience.

Mr. Martin Huang, Managing Director of SenseTime International said, “As a leading AI software company focused on creating a better AI-empowered future through innovation, SenseTime is committed to leveraging AI technologies for a positive Whole-of-Society impact, benefitting businesses and people alike. Together with our partner G3, we saw an opportunity to revitalise airport operations as we learn to live in the new normal. As demand for air travel grows, our leading AI-enabled capabilities will support airports to perform these key operations sustainably and provide a safer travel journey overall.”

The AIS3 project is expected to be completed by March 2024. G3 Global’s partnership with SenseTime began in April 2019 after both parties signed a Collaboration Agreement to jointly explore various projects relating to the application of interface technologies and platforms.

Upon the successful completion of the AIS3 project, G3 Global will look at scaling a similar AI-based security management model to other airports in Malaysia and across the region. This would further strengthen the Group’s position as the largest listed AI player in Malaysia.

G3 Global: https://g3global.com.my/
G3 Global: 7184 / [BURSA: G3G] [RIC: GLOA:KL] [BBG: G3G:MK]

SenseTime: https://www.sensetime.com/en
SenseTime: [HKSE: 20]






Topic: Press release summary

Ferrovial awarded a section of the Murcia-Almería high-speed railway line for €171 million

WEBWIRE

  • The project consists of laying 31.3 kilometers of trackbed between Lorca and Pulpí
  • The work will be completed in 34 months
  • Ferrovial has built over 1,120 kilometers of high-speed railway line worldwide


Ferrovial, through its Construction division, has been awarded a contract to build the high-speed rail trackbed between Lorca (province of Murcia) and Pulpí (province of Almería), in Spain, for €171 million. The contract, to be executed in partnership with Acciona, covers a 31.3-kilometer section of the Murcia-Almería line, which is part of the Mediterranean Corridor.


The project consists of building a double-track high-speed trackbed between Pulpí (Almería) and Lorca (Murcia) and includes remodeling the Pulpí and Puerto Lumbreras stations and building a new station at Almendricos. Work will commence in the municipality of Lorca and will re-use 18.6 kilometers of the route of the existing Iberian gauge non-electrified single track line between Lorca and Águilas, while dismantling 20 kilometers of existing line.


The work includes construction of the Rincón tunnel and of ten viaducts and bridges of several types with a total length of 1,250 meters, plus another 28 structures. It is scheduled to be completed in 34 months.


Ferrovial Construction has played a key role in the development of Spain’s high-speed railway network, having been involved in building the main corridors. It is currently working on undergrounding the new rail access to Murcia and building the Pulpí-Vera trackbed on the Mediterranean Corridor, the trackbed of the Río Tiétar-Malpartida de Plasencia section of the Madrid-Extremadura high-speed line, and the access to La Sagrera station in Barcelona; as well as a number of infrastructure maintenance contracts. It also has a solid international presence, with contracts such as the construction of an 80-kilometer section of HS2, the UK’s high-speed rail project, between the Chilterns and Warwickshire, as well as Construction Package 4 of California High-Speed Rail.

WorldofMoney Awarded NIKE, Inc. Black Community Commitment Grant to Advance Equality in NYC

NEW YORKFeb. 14, 2022PRLog — WorldofMoney is proud to announce that it has been named as a 2022 Black Community Commitment grantee in New York City, joining 43 local organizations across New York City, Los Angeles, Chicago, Portland, Memphis, St. Louis and Boston, and 10 national organizations to team up with NIKE, Inc. to advance equality and deepen our collective service to the Black community.

WorldofMoney Founder/Executive Director Sabrina Lamb shared, “As a grantee of NIKE, Inc.’s Black Community Commitment, we’re excited to be in great company. Creating transformative change doesn’t happen alone or overnight. That’s why Nike is partnering with world-class organizations that are dedicated to leveling the playing field and providing access to opportunities that allow everyone to be successful at life. We are so proud to be a part of this team and are thankful for this support.”

This month, NIKE, Inc. is announcing its investment of $5 million to support national organizations and an additional $2.75 million to support local organizations in seven U.S. cities. This commitment is part of NIKE, Inc.’s multi-year pledge, announced in June 2020, to invest in and support national and neighborhood organizations focused on improving economic empowerment, education innovation and social justice for Black communities in the United States.

“NIKE, Inc.’s purpose is to move the world forward – breaking barriers and building community to change the game for all. Our Black Community Commitment embodies this belief and drives how we are  showing up to advance racial equality for Black people,” said Karol Collymore, Senior Director of Inclusive Community for Social & Community Impact at NIKE, Inc. “These strategic investments across the United States – at both the national and local levels ­– have the power to fuel transformative change, and we applaud each and every organization for their focus and passionate commitment to reach and uplift their community.”

2022 NIKE, Inc. Black Community Commitment grantees:

National:

All Star Code (https://allstarcode.org/), Big Brothers Big Sisters of America (https://www.bbbs.org/), Black Girls Code (https://www.blackgirlscode.com/), Black Girl Ventures (https://www.blackgirlventures.org/), Equal Justice Initiative (https://eji.org/), GoalSetter (https://www.goalsetter.co/), NAACP Empowerment Programs (https://naacp.org/empowerment-programs), NAACP Legal Defense Fund (https://www.naacpldf.org/), National Urban League (https://nul.org/) and Son of a Saint (https://sonofasaint.org/)

New York City, NY: New Settlement (https://newsettlement.org/), The H.O.P.E. Center (http://www.hopecenterharlem.org/), Global Kids (https://globalkids.org/) and World of Money (https://worldofmoney.org/)

Los Angeles, CA: Read Lead (http://www.readlead.org/), Our Own (https://www.ourown.com/), ThinkWatts Foundation (https://www.thinkwattsfoundation.org/), Children Striving Together (https://www.childrenstrivingtogether.org/), Yetunde Price Resource Center (https://www.yprcla.org/) and LA Jets Track Club (http://www.lajetstrackclub.org/)

Chicago, IL: CHI Gives Back (https://www.chigivesback.com/), Lawndale Christian Development Co. (http://www.lcdc.net/), Think Outside Da Block (http://www.thinkoutsidedablock.org/), Brave Space Alliance (http://www.bravespacealliance.org/), Hugs No Slugs (https://www.hugsnoslugs.net/) and Urban Juncture (https://www.urbanjuncture.org/)

Portland, OR: Portland Opportunities Industrialization Center (https://www.portlandoic.org/) (POIC), BUILT Oregon (https://www.builtoregon.com/), Albina Vision Trust (https://albinavision.org/), Black Parent Initiative (https://www.thebpi.org/), Word is Bond (https://www.mywordisbond.org/), Taking Ownership PDX (https://takingownershippdx.com/), Rosewood Initiative (https://www.rosewoodinitiative.org/), Portland NAACP (https://www.pdxnaacp.org/) and Elevate Oregon (https://www.elevateoregon.org/)

Memphis, TN: Memphis Interfaith Coalition for Action and Hope, (https://www.micahmemphis.org/) Legacy of Legends CDC (http://www.legacyoflegendscdc.org/), Black Business Association of Memphis (https://bbamemphis.com/), Code Crew (https://www.code-crew.org/), Heal the Hood Foundation (http://hthmemphis.org/healthehood/), Vance Avenue Youth Development (http://youthdevcenter.org/), Streets Ministries (http://www.streetsministries.org/), The Consortium Memphis Music Town (https://www.theconsortiummmt.org/), 100 Black Men of Memphis (https://www.100bmom.org/) and The Way Community Group (https://www.thewaycommunitygroup.com/)

St. Louis, MO: Riverview West Florissant Development Corporation (https://www.facebook.com/riverviewwestflorissant/), 100 Black Men of St. Louis (http://www.100blackmenstl.com/), Urban League of St. Louis (https://www.ulstl.com/) and St. Louis Black Authors of Children’s Literature (http://www.stlblackauthors.com/)

Boston, MA: Inner City Weight Lifting (https://www.innercityweightlifting.org/), The ACLU of Massachusetts (https://www.aclum.org/), Citizens for Juvenile Justice (https://www.cfjj.org/), Roca Boston (https://rocainc.org/) and BAM/Youth Guidance (https://www.youth-guidance.org/gallery/bam-becoming-a-man/).

The seven cities represent the communities where NIKE, Inc. employees live and work: Headquarters locations of New York City, Los Angeles, Chicago, Boston (Converse), and Portland, Ore.; as well as St. Charles, MO (Air Manufacturing Innovation) and the Mid-South (Nike distribution centers).

About NIKE, Inc.’s Black Community Commitment

Fighting systemic racism and social injustice in America requires urgent action and sustained engagement — and NIKE, Inc. is committed to both. In June 2020, Nike, Converse, Jordan Brand and Michael Jordan committed a combined $140 million over 10 years to invest in and support organizations focused on economic empowerment, innovative education and social justice to address racial inequality for Black Americans. Investments go toward developing strategic national partnerships, as well as supporting local community organization that are dedicated to advancing this work. More information here (https://purpose.nike.com/our-commitment-to-the-black-community).

About NIKE, Inc.

NIKE, Inc., based near Beaverton, Oregon, is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.’s earnings releases and other financial information are available at http://investors.nike.com (https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Finvestors.nike.com&esheet=52569351&newsitemid=20220126005956&lan=en-US&anchor=http%3A%2F%2Finvestors.nike.com&index=1&md5=b4c09eaa28aad09c9b750220b94ca1df). Individuals can also visit http://news.nike.com (https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fnews.nike.com&esheet=52569351&newsitemid=20220126005956&lan=en-US&anchor=http%3A%2F%2Fnews.nike.com&index=2&md5=bc92a5e04b4154e5312597fcef5e2c0d) and follow @NIKE to learn more.

About WorldofMoney

Founded in 2005, WorldofMoney is the leading provider of immersive 120 hours of digital and classroom financial and entrepreneurship education for youth ages 7 – 18. An experiential and classroom-based curriculum cultivates strong, positive financial habits. WorldofMoney has a roster of financial experts committed to empowering historically underserved youth with a sound financial foundation. WorldofMoney is headquartered in New York City and powered by the YWCA Metropolitan Chicago.

MC Awarded Integrated Railway Systems and Trackwork Contract for Metro Manila Subway Project in the Philippines

Mitsubishi Corporation (MC) is pleased to announce that it has been awarded from the Philippines’ Department of Transportation (DOTr) to deliver the integrated railway systems and trackwork for the Metro Manila Subway. The awarded contract is worth approximately 140 billion yen and slated for completion in 2028.
The Manila Metro is being financed through the Japan International Cooperation Agency (JICA) by an ODA(1) loan granted under the Japanese government’s Special Terms for Economic Partnership (STEP) program. MC is responsible for designing, manufacturing, installing and delivering of all the systems(2) for what will be the Philippines’ first subway line between the northern city of Valenzuela and the southern city of Paranaque.

This new line will help to meet Metro Manila’s growing demand for public transportation, which has been driven by the city’s rapid economic growth. It will also help to reduce traffic congestion and atmospheric pollution, both of which are particularly severe in Metro Manila. The Philippines government is promoting an infrastructure development plan called “Build, Build, Build,” in which the Metro Manila Subway is considered a priority project. MC’s deliverables will cover a stretch of the subway extending from East Valenzuela Station to Terminal 3 Station(3), a total of 15 stations covering 27 kilometers, and to Bicutan Station to be financed by a different ODA loan. The subway is expected to make this journey more than an hour quicker than it currently takes by car.

An extension of the existing lines and construction of new lines are also planned as future railway projects in the Philippines. MC welcomes this opportunity to leverage its experience and know-how in international rail operations to help upgrade the country’s public transportation. By assisting with work to provide Filipinos with more convenient mobility solutions, MC is doing its part to accelerate economic development in their homeland. Furthermore, by backing exports of high-quality infrastructure systems and proactively engaging in railway projects, the Japanese government is also striving to better the region’s quality of life and address the challenges that face it, including traffic congestion.

(1) Official Development Assistance
(2) Trackwork, signals, telecommunications, power distribution, overhead contacts, automatic fare collection, platform doors, etc.
(3) Terminal 3 Station is connected to Ninoy Aquino International Airport Terminal 3

Mitsubishi Corporation
Telephone:+81-3-3210-2171
Facsimile:+81-3-5252-7705






Topic: Press release summary

Japan – Mainboard-listed BBR awarded S$363 million contract for design and construction of Pasir Ris East Station for Cross Island Line 1

Mainboard-listed BBR Holdings (S) Ltd (“BBR” or “the Group”) today announced that the Land Transport Authority (“LTA”) has awarded a S$363 million civil contract for the design and construction of Pasir Ris East station, under the first phase of the Cross Island Line (CRL1), to Singapore Engineering & Construction Pte. Ltd. and Sinohydro Corporation Limited (Singapore Branch) Joint Venture.

Mr Andrew Tan, BBR’s Chief Executive Officer said: “We are delighted in winning the LTA’s contract for the Pasir Ris East Station for Cross Island Line 1. Together with our joint venture partner Sinohydro Corporation, we will do our best to make the project a success.”

Singapore Engineering and Construction Pte Ltd is a wholly owned subsidiary of BBR. It is one of Singapore’s most established civil engineering and construction specialists. The company’s previous projects included the construction of Tai Seng Facility Building which serves the Downtown Line and the widening of Keppel Viaduct.

Construction works for the CRL1 Pasir Ris East station are expected to start in the second quarter of this year, with passenger service expected to commence in 2030.

BBR Holdings (S) Ltd (For more information: www.bbr.com.sg)

BBR Holdings (S) Ltd (“BBR”) is one of Singapore’s leading construction groups with more than 25 years of industry experience. It currently comprises four core business segments spanning across General Construction, Specialised Engineering, Property Development and Green Technology. The BBR Group is well-positioned to meet the urbanisation challenge in Asia with its proven track record and good combination of innovative engineering with specialist know-how in construction methods. It has business presence in key markets such as Singapore, Malaysia, Thailand, and the Philippines. Listed in 1997 on SESDAQ, SGX’s then second board, BBR was subsequently upgraded to the Mainboard in September 2006.

About the CRL1

CRL1 is Singapore’s eighth MRT line. It will serve existing and future developments in the eastern, north- eastern and western corridors, linking major hubs such as Jurong Lake District, Punggol Digital District and Changi region. CRL1 is 29 kilometres long and comprises 12 stations from Aviation Park to Bright Hill. This will serve residential and industrial areas in Loyang, Tampines, Pasir Ris, Defu, Hougang, Serangoon North and Ang Mo Kio and benefit more than 100,000 households. With CRL1, common recreational spaces such as Changi Beach Park and Bishan-Ang Mo Kio Park will be more accessible by public transport. Studies on the details of subsequent CRL phases are ongoing. The CRL will have almost half of its stations as interchanges with other rail lines, making it easier and more convenient for commuters to travel across the rail network.

Reference: https://bit.ly/3JeuEj5

Issued on behalf of BBR Holdings (S) Ltd by Waterbrooks Consultants Pte Ltd

Media and Analysts Contact

BBR Holdings (S) Ltd
Ms Chew Nam Yeo
Chief Financial Officer
Tel: +65 6546 5276
Email: chew.ny@bbr.com.sg

Wa