Dec 7, 2023 | Business
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.
Reference:
https://links.sgx.com/FileOpen/SMI-Media%20Release_6%20Dec%202023.ashx?App=Announcement&FileID=780086
About SMI Vantage
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
Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/
Topic: Press release summary
Oct 31, 2022 | Business
SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has entered into a binding multi-year franchise agreement with Dutch Oriental Restaurant LLC, to open Robochef F&B outlets in Singapore.
This breakthrough AI-driven Robochef will feature machines that will prepare and cook meals that are freshly made on the spot, fast and hassle-free, and importantly, consistent in taste every single time. It will be introduced to malls and residential locations across Singapore and will feature 10-15 rice, noodles, meat and vegetarian dishes to cater to a wide variety of tastes. The menu will be constantly refreshed, depending on the availability of fresh local ingredients, responding to the needs and requirement of local consumers.
Artificial Intelligence plays a significant role in the way the dishes are prepared, providing precise cooking times, temperature control, ingredient selection and seasoning, all programmed to produce the perfect dish each time.
“I am delighted that we are moving forward with this powerful F&B concept, which I believe will excite the marketplace and is entirely consistent with the announcements made on SMI Vantage’s new business direction,” said Mark Bedingham, President and Chief Executive Officer. “This will be a platform, building on the extensive F&B knowledge and experience within SMI Vantage, and will offer the opportunity for us to grow this business from our Singapore base. In a high labour-cost environment such as Singapore, Robochef is able to keep running costs down and help alleviate manpower constraints and is thus an ideal solution for both customer-facing outlets as well as for central kitchen operations.” he added.
“We are honoured to be in partnership with SMI for our AI Robochef. SMI’s strong market and business network would enable our rapid expansion into key markets in Asia Pacific starting with Singapore. Robochef is the world’s first Artificial Intelligence-enabled Cloud based system. It not only stores famous creations from global celebrity chefs; but learns, adapts and personalises different cooking styles for localisation. Simply, imagine digital music app store, download your favourite recipe anytime and anywhere to whip up a freshly cooked dish at a touch of a button in no time,” said Sandy Tan, Vice President (Asia Pacific), Robochef AI Tech, Dutch Oriental Group of Companies.
About SMI Vantage
SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including 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. https://www.smivantage.com/
About Dutch Oriental
Headquartered in Dubai, Dutch Oriental is focused on Robotics, AI Technology in hospitality and F&B. Dutch Oriental is also the Builder and Operator of the Largest & Most Luxurious Mega Yachts, Super Yachts and Cultural Boat Fleets in the United Arab Emirates (UAE). https://dutchoriental.com/
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
Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/
Topic: Press release summary
Jul 22, 2022 | Business
SMI Vantage is acquiring new Avalon 1266 96TH/s crypto mining machines, to be installed in their mining datacentre in Melaka. The first batch of six machines will be delivered, installed and operational by the end of July 2022.
Mark Bedingham, President and CEO of SMI Vantage, commented, “We are pleased to announce that we have acquired new high hash rate machines which will be profitable even with the current bitcoin prices. In the current climate, we are confident that we can take advantage of suppressed machine prices to acquire more high hash rate machines over the next several months.”
SMI Vantage has received shareholder approval at an EGM held on April 19th, 2022 for a proposed business diversification, following which the Company’s cryptocurrency mining machines had become operationally enabled.
About SMI Vantage
SMI Vantage Limited is an investment and management company focused on capitalizing on strong trends in the new economy including Cryptocurrency Mining, and other high-tech SaaS 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:
E: enquiries@sin-mi.com
Topic: Press release summary
May 6, 2022 | Business
Vantage Circle, a global leading employee engagement solution, has successfully hosted its HR and leadership focused webcast, Vantage Point: A view from the top on the topic “Employee Engagement in a hybrid, post-Covid world,” with the renowned author and executive coaches Chester Elton and Adrian Gostick on 20th April, 2022.
The guest speakers, Melissa Salibi – CHRO and Creative Leader of Kempinski Hotels (UAE), Nabeela Ixtabalan – EVP of People and Corporate Affairs at Walmart (Canada) and Xavier Joly – VP of Human Resources at Bayer Crop Science (USA) were the attendees of the webcast as well.
Some of the key takeaways from the first episode of the webcast are:
– The key to engaging hybrid work cultures
– Providing effective employee experience in the hybrid, Post-covid world
– Developing a winning culture with strategic flexibility and a digital employee engagement platform
– Automating and streamlining employee engagement programs with the help of technology
“It was very exciting for me and Adrian to host the vantage Circle’s vantage point webcast series, where we had some amazing HR heads as guests. We discussed the current real issues related to employee engagement in hybrid work culture. It was great to hear the thoughts of Nabeela from Walmart, Xavier from Bayer Crop Science, and Melissa from Kempinski Hotels. The insights that the guests shared during the conversation will add great value to the knowledge base of all the listeners and HR practitioners,” quoted Chester Elton, Partner and Founder of The Culture Works.
“It was a very informative webcast where the guest speakers discussed the massive cultural shifts and the workplace challenges in the post-Covid world from their ‘Vantage Point’ and devise solutions to overcome and build a better work culture,” said Partha Neog, CEO and Co-Founder of Vantage Circle.
In the second episode of Vantage Point Webcast, where Chester Elton and Adrian Gostick will be discussing on How focusing on Engagement, Empathy and Wellness are helping companies beat the Great Resignation.
For registration or more information, please visit: https://www.vantagecircle.com/vantage-point-webcast-registration/
About Vantage Circle:
Vantage Circle is a Global Employee Engagement Platform that uses artificial intelligence and machine learning to deliver easy-to-use and effective employee engagement solutions to HR to retain & attract the best talents and create a great work culture. The user base currently stands at a massive 1.8M+ employees from some of the top leading corporations like HCL, Accenture, Infosys, Wipro, Aricent, GE, Mu Sigma, Capgemini, and many more. Visit vantagecircle.com to learn more.
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