SMI Vantage Limited (“SMI” or the “Company”), a company listed on the mainboard of the SGX, is pleased to announce the signing of a Lease Agreement (“the Agreement”) by its wholly-owned subsidiary SMI CS Pte Ltd. This is further to the previously announced Offer to Rent Agreement. The Agreement allows SMI Vantage to start Bitcoin-mining in a new location in East Malaysia in December 2023. SMI Vantage will be installing containerised mining facilities at the site and acquiring new Bitcoin-mining machines, which together will enhance the cost effectiveness of i’s BTC mining operation.
SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including Food and Beverage related businesses, technology-based SaaS services and other high-tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances.
For media queries, please reach out to: Waterbrooks Consultants Pte Ltd Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166 Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707
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ResiliAnt (“ResiliAnt”), a MediTechSafe, Inc. brand, is pleased to report the signing of a commercial partnership agreement with a top fifteen global IT Service Provider and System Integrator (“Partner”) to implement, integrate, and support ResiliAnt’s cyber-physical system cybersecurity risk management platform into end customer environments globally.
Connectivity is transforming the way businesses are conducted nowadays. Businesses are no longer only connecting their and partner IT systems, but also networking equipment critical to the core of their business operations, which is known as operational technology (OT). Some businesses are taking it a step further; they are using Internet of Things (IoT), cloud computing, and big data analytics in support of Industry 4.0 and IoT applications, such as smart factories, warehouses, hospitals, transportation systems, buildings, and energy grids. IT/OT convergence allows leaders to gain step change improvements in productivity, quality, and customer experience. The convergence is also bringing the accountability of supporting all connected infrastructures under a single digital team.
ResiliAnt offers an innovative SaaS platform to help manage cyber-physical systems (i.e., OT) and IoT cybersecurity risk, which can be easily integrated into the overall IT/OT cybersecurity risk management framework for efficient governance.
“Our Partner brings world class IT system integration and support capabilities along with the necessary scale to support end customers globally. They can integrate and support our innovative OT cybersecurity platform for the customers that desire such capabilities. We think this is a win-win-win proposition,” said Prerak Patel, Commercial Leader, ResiliAnt.
About ResiliAnt: ResiliAnt, a non-healthcare brand of MediTechSafe, provides end-to-end cyber-physical system and IoT cybersecurity management solutions. ResiliAnt’s proprietary platform helps all entities in a cyber-physical system’s value chain starting from the operators to OEMs, their suppliers, and ecosystem partners.
UMG Nashville has signed rising star Louie TheSinger. Louie has built a strong foundation based on trust with his fanbase by placing his truth at the forefront, sharing the scars and the joys through his music.
Having witnessed Louies magnetic charisma translate on stages across this country and watch the rabid fan base he is building, I know that Louie is going to widen the country music audience, says UMG Nashville Chair & CEO Cindy Mabe. I am so inspired by Louies energy, purpose and intention to expand the sound of country music through his own personal story and his songs. I am so proud to bring Louie into the Universal Music Group Nashville family!
Proud of his Texas roots and his Mexican heritage, and proud to have overcome struggles in his life, Louie represents a voice and sound not found in todays country music. Louie grew up in the streets of Fort Worth and spent time in prison, where he vowed to change course. Upon his release, he put all his focus on family and on creating and performing music his own way.
Its crazy to think that I was just in a prison cell three years ago and now Im signed to one of the biggest record labels in the world, shares Louie. Big thank you to Cindy Mabe and my new fam at UMG Nashville. Im ready to disrupt country music (in a good way). Im just tryna add a little spice and make my people proud. Its time Mexican Americans have a voice in this country world and Im here for it.
Louie is currently in the studio working on new music expected in the new year.
Tanzania Electric Supply Co. Ltd. (TANESCO), a parastatal company incorporated in 1931, has adopted a business transformation implemented by Indonesian state-owned electric company PT PLN (Persero). Aiming to carry out similar developments in Africa, TANESCO agreed to a business cooperation with PLN.
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PLN President Director Darmawan Prasodjo and TANESCO Managing Director Maharage Chande signing the MoU in Dar Es Salaam, Tanzania, on August 22. Indonesian President Joko Widodo and Tanzanian President Samia Suluhu Hassan look on. (Image: PTN)
The agreement was marked by the signing of a Memorandum of Understanding (MoU) between President Director of PLN, Darmawan Prasodjo and Managing Director of TANESCO, Maharage Chande, in the presence of Indonesian President, Joko Widodo and Tanzanian President, Samia Suluhu Hassan in Dar Es Salaam, Tanzania, on August 22.
The signing of an MoU between PLN and TANESCO signifies a significant milestone in the field of international business cooperation. This agreement entails the adoption of PLN’s successful business transformation model by TANESCO, ultimately demonstrating PLN’s intention to expand its presence in the global market.
President Director of PLN Darmawan Prasodjo explained that the MoU was a follow-up to a previous meeting in Jakarta on February 10, 2023, with Tanzania’s Minister of Energy, January Makamba and TANESCO Management, regarding a cooperation with Indonesia in developing Tanzania’s electricity sector ecosystem.
Darmawan added the MoU specifically outlines four key areas of collaboration. First, it highlights the importance of digital-based transformation, indicating a joint effort to embrace technology and innovation to enhance efficiency and reliability in power supply services, such as Digitalized Power Plant, Digitally Enabled Distribution Excellence, and Super App utility.
Secondly, the MoU emphasizes the development of the core utility business which includes which includes Maintenance, Repair, and Operation (MRO), and Collaborative Co-investment.
The third point of cooperation focuses on the development of non-core utility businesses such maintenance, repair, and operations (MRO).
Finally, the MoU highlights the importance of capacity building and comprehensive exchange through an internship program between PLN and TANESCO. This initiative aims to facilitate knowledge transfer and skill development between the two companies, fostering a culture of mutual learning and growth.
“PLN has experiences and success stories that can be shared and implemented in Tanzania, especially in terms of human resource management, transformation and digitalization in the electricity sector. For this reason, we will do our best effort in this cooperation, because PLN’s success will also be an achievement for Indonesia,” Darmawan said.
Managing Director of TANESCO, Maharage Chande said the business transformation steps taken by PLN can be adopted by TANESCO to make the electricity system in East Africa, especially Tanzania more reliable and sustainable. This cooperation is also to achieve a common goal towards Net Zero Emission (NZE).
“PLN is a very well-known electricity company in the global arena. This cooperation opens up opportunities for business expansion and also strengthens bilateral relations between the two countries as well as between companies,” said Maharage Chande.
Overall, the signing of this MoU not only solidifies the partnership between PLN and TANESCO but also underscores the importance of international collaboration in the field of energy. By leveraging PLN’s successful business transformation model, TANESCO aims to enhance its operations and service delivery, ultimately contributing to the economic growth and development of Tanzania.
About PLN PT PLN (Persero) is a state-owned electricity company that continues to be committed and innovative in carrying out a mission to illuminate and move the nation. With a vision to become the leading electricity company in Southeast Asia, PLN is moving towards becoming the number one choice for energy solutions. PLN is committed to transformation with aspirations of being Green, Lean, Innovative, and Customer Focused to provide electricity for a better life. PLN can be contacted through the PLN Mobile application available on PlayStore or AppStore. https://web.pln.co.id/
Contact: Gregorius Adi Trianto Executive Vice President, Corporate Communications & CSR, PLN Tel. +62 21 7261122 PT. Perusahaan Listrik Negara (Persero) [IDX: PLN]
Create Hong Kong (CreateHK) announced today (September 3) the signing of Memorandum of Understanding (MOU) with the Directorate General for Cinema and Audiovisual-Ministry of Culture of the Government of Italy during the 80th Venice International Film Festival. The MOU aims to strengthen the co-operation in facilitating and promoting activities and exchanges related to films.
In addition to the signing of the MOU, the delegation, led by the Permanent Secretary for Culture, Sports and Tourism, Mr Joe Wong, participated in a special panel discussion entitled “Spotlight on Hong Kong Film Industry: The Past, Present and Exciting Future”. The Chairman of Hong Kong Film Development Council (FDC), Dr Wilfred Wong, introduced the FDC’s subsidy schemes for Hong Kong film industry as keynote speaker, while the Assistant Head of CreateHK and Secretary-General of FDC, Mr Gary Mak, shared information about schemes which aim to encourage collaborations between Hong Kong filmmakers and their overseas counterparts. Three Hong Kong directors of different generations, namely Mabel Cheung, Lau Ho-leung and Nick Cheuk, shared their insights on the development of Hong Kong films together with Italian filmmakers.
The delegation also met with Mr Alberto Barbera, the Artistic Director of the Venice International Film Festival, and Ms Sabrina Baracetti, the President of Udine’s Far East Film Festival, to explore collaboration opportunities. Upon invitation by the Venice International Film Festival, the delegation also attended the award ceremony for the Golden Lion for Lifetime Achievement to Hong Kong veteran actor Tony Leung.
“The delegation to Venice International Film Festival helps strengthen collaborations and cultural exchanges in film matters between Hong Kong and Italy, which greatly echoes our role as an East-meets-West centre for international cultural exchange as outlined in the National 14th Five-Year Plan. We will continue to commit to promoting the development of Hong Kong film industry and establishing new connections with the international film communities.” said Mr Wong.
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