Hong Kong – LCSD strengthens promotion of urban sports

LCSD strengthens promotion of urban sports

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     To strengthen the promotion of urban sports that have been introduced in the Olympic Games and the Youth Olympic Games, as well as to encourage public participation in sports activities, the Leisure and Cultural Services Department (LCSD) will organise more urban sports programmes including 3-on-3 basketball, sport climbing, breaking, skateboarding and futsal across Hong Kong this year. Interested members of the public are welcome to join.

     With a view to bolstering the participation of youth, the LCSD will launch a series of free promotional fun days with specific urban sports themes which are suitable for youths, such as Skateboarding Fun Day for Youth, Breaking Fun Day for Youth and 3-on-3 Basketball Fun Day for Youth. Relevant national sports associations will send qualified instructors to demonstrate the sports and teach participants basic skills on-site. Participants can also join a play-in session to experience the fun of urban sports and explore their sport potential.

     For details of the urban sports programmes and the enrolment method, members of the public can visit the LCSD dedicated website (www.lcsd.gov.hk/en/USP/index.html), or make enquiries at any District Leisure Services Offices of the LCSD or recreation and sports venues with Leisure Link Services.

RHTLaw Asia strengthens Real Estate Practice with appointment of new partner

Singapore-headquartered regional law firm RHTLaw Asia has appointed Mr Yeong Wai Cheong as partner in the firm’s Real Estate practice.

Mr Yeong Wai Cheong, Partner at RHTLaw Asia and Mr Azman Jaafar, Managing Partner at RHTLaw Asia [L-R]

Wai Cheong brings extensive experience in real estate, banking and finance, representing Singapore-listed companies and banks, purchasers and vendors, developers, landlords and tenants across a range of domestic and cross-border financing and real estate matters.

He has been consistently ranked as a “Recommended Lawyer” for Real Estate in the Legal 500 Asia Pacific for seven consecutive years. Dual-qualified in Singapore and Hong Kong, Wai Cheong has represented parties for the sale and purchase and financing of industrial, commercial and residential properties in Singapore and Hong Kong.

In addition to his prior stint at RHTLaw Asia, Wai Cheong was also previously the General Counsel for Asia for an European bank and the Head of Legal for Singapore for two European banks.

RHTLaw Asia Managing Partner, Mr Azman Jaafar, said, “Real Estate will continue to be an important sector for us given Singapore’s position as a global financial centre. We will continue to strengthen our practice with the addition of new talent to support our clients. Mr Yeong is a welcome addition to our team as we roll out our new ONERHT Client UX strategy together with our core multidisciplinary capabilities.”

About RHTLaw Asia LLP

RHTLaw Asia LLP is a leading regional law firm headquartered in Singapore with a network of offices in 15 jurisdictions in Asia, Oceania, Middle East and Africa under the ASEAN Plus Group (APG) comprising over 2,000 lawyers. We help clients understand the local challenges, navigate the regional complexity to deliver the competitive advantage for their businesses in Asia. We are also the Singapore member of the Interlex Group, a global network of leading law firms.

RHTLaw Asia collaborates with ONERHT, an integrated network of multidisciplinary professional services, through entities which are not affiliates, branches, or subsidiaries of RHTLaw Asia LLP. For more details, please visit www.rhtlawasia.com

For Mr Yeong Wai Cheong’s profile, please visit:
https://www.rhtlawasia.com/people/yeong-wai-cheong/

About ONERHT

ONERHT is an integrated multidisciplinary platform of professional and specialist services. Since 2011, RHTLaw Asia’s founding team has developed a second engine of growth through ONERHT, an independent ecosystem of professional and specialist services, and networks, complementing RHTLaw’s full service legal offerings. For more details, please visit www.onerht.com

For media queries, please contact:
Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417


Topic: Press release summary

AssetWise PCL (SET: ASW) strengthens ties with Takara Leben, launches B1.35bn development in Atmoz Flow Minburi

Thailand’s leading life-style real estate developer AssetWise PCL (ASW) has strengthened its partnership with Japanese real estate giant Takara Leben to launch a BHT 1.35 billion condominium in Bangkok’s Minburi neighbourhood. Atmoz Flow Minburi represents the third joint venture project in a two-year time frame between the two companies in a move that serves to underscore the viability they see in the ideally located development.
Atmoz Flow Minburi is situated near the Pink Line MRT mass transit system and is easily accessible by the Minburi Market Station. It forms the first phase of the ASW’s WISEPARK community development that caters to life-styles of all generations and at same time reflects the company’s ‘We Build Happiness’ philosophy. Atmoz Flow Minburi is expected to be up and running in the fourth quarter of this year and starting to recognise revenue by then.

According to ASW Chief Executive Officer Kromchet Vipanpong, ASW holds a 51% share in Atmoz Flow Minburi venture with Takara Leben taking a 49% share. It follows on the heels of two earlier condominium projects collaborations between the Thai and Japanese firms – Atmoz Tropicana Bangna and Kave Seed Kaset Campus near Kasetsart University.

Takara Leben’s extended partnership with ASW this time around speaks volumes about their confidence in ASW and the potential of the Atmoz Flow Minburi on the location which is poised to become a new central business district with a centre of employment in the eastern Bangkok area.”The three ASW-Takara Leben joint venture projects are worth more than five billion baht and both sides are likely to take their partnership into future projects,” Kromchet said.

Atmoz Flow Minburi consists of 8-storey, 3 buildings with 739 units in total and is only 300 metres away from the Min Buri Market Station of the Pink Line MRT which is expected to be officially operational within this year.

Atmoz Flow Minburi comes with a complete common facility to meet the life-styles of residents of all generations for living together perfectly. It is the first project that embraces the ‘All Gen’ concept of room design that answers to the living needs of all ages. In addition, Atmoz Flow Minburi is also the first phase of WISEPARK’s development on a large plot of land that will evolve into a larger community.

Kazuichi Shimada, CEO of Takara Leben, said the company is looking for joint venture opportunities in real estate developments in Thailand, stemming from the experience of being a partner with ASW. “We have strong confidence in ASW whose management has committed to running good business while sharing the same business philosophy as ours, meaning adopting the design for living happily.”

Furthermore, the location of Atmoz Flow Minburi close to the Pink Line, and being surrounded by sources of employment and facilities such as industrial estates and hospitals constitute compelling reasons for Takara Leben to partner with ASW again.

Takara Leben (3492.T) is listed on the Japanese Stock Exchange and has engaged in more than 500 property development projects under the brands of The Leben, Nebel and Leben Platz. The company also has power plant and hotel businesses in Japan and expands investment in real estate to the ASEAN region such as Thailand and Vietnam.

ASW has developed more than 47 condominium and housing projects with all-encompassing life-styles under the brands of KAVE, ATMOZ, MODIZ, ESTA, and THE HONOR worth over BHT 49.9 billion with value of backlog stands at more than BHT 11.4 billion.

Visit https://assetwise.co.th [SET: ASW][SET: ASW/F][SET: ASW-R].

Released for AssetWise PCL by MT Multimedia Co Ltd
Pipop Kongwong (Top), T: +66 (0) 81 929 8864, E: pipop.k@mtmultimedia.com


Topic: Press release summary

TENNTS Strengthens its Advisory Board, Appointing Clay Risher

Experienced Business Advisor Brings Vital Insights, Expertise, and Leadership to Assist in TENNTS Continued Growth and Expansion

MIAMIFeb. 16, 2023PRLog — TENNTS a real estate and hospitality platform of smart living technology delivered as a service, recently named Clay Risher– an expert in driving business growth, and corporate strategy to our advisory board. Clay will guide TENNTS with corporate strategy to align our resources and capabilities creating a sustainable competitive advantage and achieving our long-term objectives. Risher commented saying,

“I’m thrilled that the management at TENNTS has appointed me to their Board of Advisors. My experience as an entrepreneur as well as my work in the capital markets, advising on corporate and financial transactions, leading business transformation, and my work with REITS, and CRE in general, allows me to really understand and appreciate the current and future value of property management technologies like TENNTS. I see TENNTS as a home run for both commercial and residential property managers. It’s going to provide literally “turn-key” solutions for property managers tasked with hosting short, medium, and long-term tenants and renters. This coupled with a really strong management team that’s already in place at TENNTS (http://www.tennts.com/), ensures we are going to grow and scale this organization, its products, and brands to the next level rapidly.”

Clay is otherwise employed as a Director at True North Capital Partners LLC, a boutique investment bank located in Stamford, CT, where he’s engaged in the firm’s global business development efforts and M&A activities. Successfully identifying new business opportunities and establishing relationships with key stakeholders, Clay has a proven track record of closing deals and driving business growth through his ability to understand the firm’s clients’ needs and offering creative solutions.

Clay has held various domestic and global executive-level business development, sales, and marketing positions in both public and private large and mid-cap companies.

A serial entrepreneur, Clay has also grown various early-stage ventures from startups to profitable multi-million-dollar entities with successful exits.

A Boston University graduate with a Bachelor’s degree in literature and economics, Clay is an award-winning author contributing to REIT Magazine (REIT.com), a publication of the National Association of Real Estate Investment Trusts (NAREIT). His bi-monthly column, “Capital Markets”, features interviews with global investment banking, private equity, real estate, capital markets leaders, presidential economic advisors, and New York Times bestselling authors and lecturers. Clay has also written a novel called “Flash Point” that is available in paperback or ebook on Amazon Kindle, B&N.com and other online outlets. Clay is a member of the Association for Corporate Growth — ACG.org, a longstanding member of Turnaround Management Counsel, the CFO Council, the Hedge Fund Association, and the CT Technology Council. Clay is also a member of the Boston University Entrepreneur’s Alumni Group.

Clay will be advising TENNTS, leveraging his unique perspective to drive success for the company and for the industry as a whole. TENNTS CEO, Daniel Detoni commented saying; “We are excited to see how Clay’s counsel will undeniably help guide and shape the future of TENNTS by partnering with our existing management team and other advisory board members, who will work as a unified team to support our funding rounds and throughout the various stages of growth and development as a brand, company, and culture.”

About TENNTS

TENNTS is a real estate and hospitality technology brand that offers smart living solutions as a service; connecting buildings, residents, and local businesses, automating flexible rentals, and empowering local businesses to grow. Our all-in-one platform facilitates property operations and rental management to improve efficiency and cost-effectiveness for landlords. Additionally, our AI-integrated vetting process ensures residents a safer and more secure experience. Our flagship product, ZenTENNTS, provides full-service management for properties ranging from apartment developments to modernized hotels. The company’s shareholders and executives bring a wealth of expertise in the targeted industries of real estate, technology, and hospitality, positioning TENNTS as a future leader in the market.

Contact

Clay Risher, Business Advisor, Email: clayton@tennts.com

For media inquiries: Catherine Motolongo, CMO, Email: catherine@tennts.com

RHTLaw Asia strengthens Litigation & Dispute Resolution Practice through merger with ChangAroth Chambers

Singapore headquartered regional law firm RHTLaw Asia has merged with ChangAroth Chambers LLC to strengthen its Litigation & Dispute Resolution Practice with the addition of Appropriate Dispute Resolution veteran Mr Anil Changaroth and his team. Mr Changaroth has been appointed a Partner in RHTLaw Asia.

Mr Azman Jaafar, Managing Partner of RHTLaw Asia, and Mr Anil Changaroth, Partner of RHTLaw Asia [L-R]

Mr Changaroth, who is an internationally accredited mediator and arbitrator, previously managed ChangAroth Chambers’ practice with a focus on Appropriate Dispute Resolution in the areas of commercial, civil, criminal matters and corporate advisory work in particular infrastructure, building and construction projects.

Mr Changaroth, said, “The merger enables us to widen our reach with our core capabilities now complemented by RHTLaw Asia’s regional access and ONERHT’s multidisciplinary professional services. We see significant opportunities for growth in conflict avoidance and appropriate dispute resolution including with collabrative contracting in building, construction and infrastructure as projects resume post-Covid. In the ASEAN region, sustained economic growth and urbanization will boost the construction of transport and energy infrastructure as well as urban built environment projects.”

RHTLaw Asia Managing Partner, Mr Azman Jaafar, said, “We will continue to strengthen our practice through synergistic opportunities here in Singapore and the region. The talents at ChangAroth Chambers LLC are a welcome addition to our team as we roll out our new ONERHT Client UX strategy together with our core multidisciplinary capabilities.”

A multilingual advocate in facilitative and restorative justice, Mr Changaroth is an experienced conflict avoidance and dispute resolution practitioner who has represented parties from across the Asia Pacific region. With graduate certificates in Law and Technology, AI and Machine Learning, and Diversity-Equity-Inclusion, Mr Changaroth also holds a Master of Science in Construction Law and Arbitration from Kings College London and the National University of Singapore.

About RHTLaw Asia LLP

RHTLaw Asia LLP is a leading regional law firm headquartered in Singapore with a network of offices in 16 jurisdictions in Asia, Oceania, Middle East and Africa under the ASEAN Plus Group (APG) comprising over 2,000 lawyers. We help clients understand the local challenges, navigate the regional complexity to deliver the competitive advantage for their businesses in Asia. We are also the Singapore member of the Interlex Group, a global network of leading law firms. RHTLaw Asia collaborates with ONERHT, an integrated network of multidisciplinary professional services, through entities which are not affiliates, branches, or subsidiaries of RHTLaw Asia LLP. For more details, please visit www.rhtlawasia.com

About ONERHT

Since 2011, RHTLaw Asia’s founding team aspired to develop a second engine of growth through ONERHT, an independent ecosystem of professional services, associated companies and networks, complementing RHTLaw’s full service legal offerings. Together as ONE, we deliver comprehensive integrated business solutions. For more details, please visit www.onerht.com

For media queries, please contact:
Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417


Topic: Press release summary