Jul 19, 2022 | Business
EC Healthcare (the “Company”, which together with its subsidiaries is referred to as the “Group”, SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong*, is pleased to announce the Group will provide diversified healthcare services for Signature and Prestige Banking customers of Hang Seng Bank via the brands under the Group, including New York Medical Group, Hair Forest, DR REBORN and ATO HAIR CLUB.
As the leading healthcare services provider, EC Healthcare is committed to providing professional, premium and diversified medical healthcare services covering 29 medical disciplines and to bringing health, beauty and happiness to the world. EC Healthcare will safeguard the health of banking customers in line with the client-centric core value, and provide comprehensive healthcare, aesthetic and beauty and kids well-being and healthcare services for them and their children. The promotion period started from 1 July 2022 and will end till 30 June 2023.
*Please refer to the [Terms and Conditions] on the Hang Seng website for detailed information.
About EC Healthcare
EC Healthcare is Hong Kong’s largest non-hospital medical service provider*, focusing on preventive and precision medicine, the leverage investment in IT, brand, service and corporate culture aims build a diversified enclosed healthcare ecosystem, bringing health, beauty, and happiness to everyone. The Group is a constituent stock of the Hang Seng Composite Index and the MSCI Hong Kong Small Cap Index.
The Group principally engages in the provision of one-stop medical and health care services in Greater China. The Group provides a full range of services and products under its well-known brands, including those of its one-stop aesthetic medical solutions provider DR REBORN which has ranked first in Hong Kong by sales for years, a professional hair care center HAIR FOREST, primary care clinics jointly established with health management centre re:HEALTH, a vaccine centre Hong Kong Professional Vaccine HKPV, General outpatient clinic Tencent Doctorwork, the largest one-stop pain management centre in Hong Kong New York Medical Group, the comprehensive dental centres Bayley & Jackson Dental Surgeons, EC DENTAL CARE and Health and Care Dental Clinic, an advanced diagnostic and imaging centre HKAI, an oncology treatment centre reVIVE, a day procedure centre HKMED, a specialty clinic Premier Medical Centre, Specialist Central and New Medical Centre, a paediatric centre PrimeCare, a gynaecology specialist Zenith Medical Centre and Paternal Diagnosis Centre, PathLab Medical Laboratories, Ophthalmology Center Vivid Eye, and EC Veterinary Hospital and Imaging Center.
*According to independent research conducted by Frost and Sullivan in terms of revenue in 2020 and 2021
Topic: Press release summary
May 26, 2022 | Business
PixelPlex, a blockchain innovation development company, provides some important information about its highly impactful Cardano blockchain development & consulting services. With its services, PixelPlex aims to adapt the Cardano ledger to smoothen business processes, optimize financial transactions, and curate solutions to its pain points.
PixelPlex’s Cardano development team ensures that all solutions built on the ledger can easily be deployed, and are future-proof to guarantee longevity. PixelPlex uses its Cardano development services to close deployment gaps that are common with first and second-gen ledger capacity.
Through its services, PixelPlex has gained a noteworthy reputation among competitors for its unique ability to create solutions that optimize resource usage; support a sustainable economy; and develop easily scalable solutions.
PixelPlex’s Cardano development services are very broad, as it covers Cardano ledger consulting; Cardano blockchain development; blockchain audit & support; Cardano smart contract development & audit; NFT & marketplace development; Cardano wallet & Defi solution development; and dApp development.
The company’s Cardano development approach ensures that businesses enjoy outstanding productivity; advanced scalability; and 100% confidentiality. Cardano is supported by a strong community of experts, ensuring that timely innovations are added to the system and that opportunities within the ecosystem are maximized.
PixelPlex brings its cross-disciplinary knowledge on board when handling any project. This enables the company to add value to any DLT platform it builds. Some distinct features PixelPlex adds to solutions it takes part in include: hands-on programming skills; adherence to global regulations; full Cardano ecosystem support; and quick launch.
The tech stacks PixelPlex uses in its Cardano projects include, but are not limited to, JavaScript; Solidity; Redux; React; Babel; and webpack.
PixelPlex’s rich portfolio entails several impressive projects that the company has built for over 350 clients. Some of its deliverables entail 3 Cardano projects, and 5 blockchain innovations built from scratch.
About PixelPlex
PixelPlex is a tech solution curator with over a decade of experience developing revolutionary solutions that maximize business workflows and improve labor efficiency in the workplace.
May 25, 2022 | Business
NEC Corporation has deployed an AI-based traffic monitoring system to Central Nippon Expressway Company Limited (NEXCO CENTRAL). The system uses fiber-optic sensing and AI technologies to visualize traffic conditions, such as the location, speed, and direction of travel, from vibrations produced by vehicle movement.
The system includes sensing devices attached to one end of an optical fiber and an analytical AI engine, developed in-house by NEC, which makes it possible to continuously monitor traffic flow by utilizing existing optical fiber infrastructure for communications laid along highways. NEXCO is the first expressway operator in Japan to continuously monitor traffic conditions using these kinds of technologies.
Highway operators need to monitor traffic flow and to detect incidents on expressways for traffic control. Most sensors in use today for this purpose are point sensors or cameras with a limited field of view. A large number of point sensors and/or cameras are needed to perform continuous measurements over a wide area, which poses problems for installation and maintenance, leading to higher system costs.
NEC has a successful history of conducting joint demonstration projects using optical fiber sensing technology for detecting cracks in poles and monitoring road traffic (*). Based on these experiences and knowledge, NEC is providing equipment to convert optical fiber cables to sensors.
NEC has now developed an analytical AI engine that continuously grasps traffic conditions based on the signals from vehicle vibrations. The system can visualize dense traffic conditions with a high level of accuracy. The AI engine converts vibration data into continuous vehicle trajectories along roads that are entirely monitored. The trajectories can then be used to estimate average speeds every kilometer. The system can record a digital snapshot of traffic conditions over a wide area, which can enhance road controls with continuous monitoring of entire roadways, enabling early detection of accidents and congestion.
The newly developed analytical AI engine can extract vehicle trajectories from vibration signals in the presence of multiple environmental noises. Vehicle trajectories are extracted in an iterative process. First, the clearest vibration signals are used to extract vehicle trajectory, then the corresponding signals are masked. Second, the remaining vibration signals are enhanced. The system repeats these two steps until all the vehicle trajectories are extracted.
The AI engine has been trained with synthetic data, including realistic environmental noise, enabling robust extraction of vehicle trajectories in the presence of noise. Then, the system can monitor high-density traffic flow over a wide area with high accuracy.
Going forward, NEC will continue to support the digital transformation (DX) of road operators as part of achieving the “NEC Safer Cities” initiative for contributing to the creation of safer and more secure cities.
For More Information
Optical Fiber Sensing:
https://www.nec.com/en/global/solutions/ofs/
(*) Verizon and NEC just made fiber sensing a whole lot easier
https://www.nec.com/en/press/201910/global_20191008_02.html
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.
Topic: Press release summary
Apr 1, 2022 | Books, Business
12065 Pike
LOS ANGELES – March 31, 2022 – PRLog — Mesa West Capital has provided the joint venture between affiliates of Staley Point Capital and Bain Capital Real Estate with $70.3 million in short-term first mortgage debt to finance the acquisition of two Southern California industrial properties.
The separate interest-only, floating rate loans each carry a five year-term.
In the larger of the two financings, Mesa West originated a $37.87 million loan secured by 12065 Pike St., a 159,964-square-foot warehouse facility in Santa Fe Springs southeast of downtown Los Angeles. Fully leased to Anheuser-Busch, the property is situated on 8.2 acres in the Santa Fe Springs/La Mirada submarket, less than 4 miles from the Interstate 5 and 605 interchange. A portion of the loan proceeds will be used by the sponsor to complete a series of capital improvements including a roof overlay, seismic retrofit, office refresh and façade upgrade.
Mesa West also funded a $32.4 million loan for the acquisition of 5530 W. Beach Blvd and 5609 River Way, a 154,485-square-foot two-building industrial complex in Buena Park, CA, an industrial submarket in North Orange County. Structured as a sale/leaseback transaction with the seller Amway, the property will continue to be occupied by its subsidiary Nutrilite.
“Both properties are located in strong Southern California industrial submarkets offering significant supply chain and logistical advantages, including direct access to multiple interstates connecting to the second most populous metro in the country,” said Executive Director Josh Westerberg who led the origination team out of Mesa West Capital’s San Francisco office.
Staley Point is a Los Angeles-based real estate investment firm with a primary focus on value add and opportunistic industrial real estate investments and is a joint venture partner of Bain Capital Real Estate focused on infill industrial properties on the West Coast. Since November 2021, Mesa West Capital has provided $125 million in financing to fund the acquisition of three industrial properties in Southern California and one in Seattle, WA totaling more than 540,000 square feet.
The financings were arranged by JLL’s Senior Managing Director Bill Fishel and Senior Director David Pelaia from the Los Angeles office
About Mesa West Capital, LLC
Mesa West Capital(http://www.mesawestcapital.com) is a leading commercial real estate debt fund manager and portfolio lender. With offices in Los Angeles, New York, Chicago and San Francisco, Mesa West has been one of the leading providers of commercial real estate debt since its founding in 2004. Mesa West provides non-recourse first mortgage loans for core/core-plus, value-added or transitional properties throughout the United States. Mesa West’s lending portfolio includes all major property types with loan sizes ranging from $20 million up to $400 million. Since inception, the firm has sourced and closed more than 300 transactions totaling over $20 billion.
Contact
Bruce Beck
DB&R Marketing Communications, Inc.
***@dbrpr.com
Mar 26, 2022 | Books, Business
Magnolia Vinings
LOS ANGELES – March 24, 2022 – PRLog — Mesa West Capital provided $92.5 million in bridge financing to an institutional real estate private equity fund for the acquisition and repositioning of a 400-unit Class A multifamily property in Atlanta.
The four-year, interest-only floating rate financing was secured by Magnolia Vinings, a garden-style apartment building at 2151 Cumberland Way in Atlanta’s Cumberland/Galleria submarket. A portion of the loan proceeds will be used by the sponsor to continue the renovation program started by the seller, focusing largely on the interiors of 177 apartment homes that have not been significantly updated since the property was built in 1996.
“This property is very well located in northwest Atlanta with easy access to two interstates, all the consumer draws that the prime district has to offer, including the Major League Baseball Atlanta Braves-anchored mixed-use Battery development, Home Depot’s headquarters and much more,” said Mesa West Vice President Brian Hirsh who led the origination team out of Mesa West Capital’s Chicago office. “Cumberland/Galleria is one of the premier suburban markets in Atlanta and the deep pool of large corporate employers has continued to help boost housing demand here. Our financing will allow the sponsor to reposition the asset as a quality alternative to newer and higher priced communities in the area.”
Magnolia Vinings, which is 98 percent occupied, is situated on 21.55 acres just inside Atlanta’s perimeter between Interstate 285 and Cumberland Parkway. It features a mix of one- to three-bedroom units across five different floorplans, ranging in size from 572 to 1,408 square feet. Each unit offers 9′ foot ceilings, high-end finishes, large walk-in closets and spacious kitchens with stainless steel appliances. Renovated units come equipped with quartz countertops, vaulted ceilings, vinyl plank flooring, framed mirrors and a wood-burning fireplace. Community amenities include a resort-style swimming pool, a new clubhouse and fitness center, a cyber lounge, and a bocce ball court.
The financing was arranged by Michael Riccio, Senior Managing Director and Co-Head of National Production for CBRE Capital Markets Debt & Equity Finance in the firm’s Hartford, CT office.
About Mesa West Capital, LLC
Mesa West Capital (http://www.mesawestcapital.com) is a leading commercial real estate debt fund manager and portfolio lender. With offices in Los Angeles, New York, Chicago and San Francisco, Mesa West has been one of the leading providers of commercial real estate debt since its founding in 2004. Mesa West provides non-recourse first mortgage loans for core/core-plus, value-added or transitional properties throughout the United States. Mesa West’s lending portfolio includes all major property types with loan sizes ranging from $20 million up to $400 million. Since inception, the firm has sourced and closed more than 300 transactions totaling over $20 billion.
Contact
Bruce Beck
DB&R Marketing Communications, Inc.
***@dbrpr.com
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