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Archive for November 23rd, 2012

Link Financial Appointed Back-Up Servicer on TdA Lico Leasing III Securitisation of EUR78m Credit Rights

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LONDON, Nov. 22, 2012 /PRNewswire/ —

Link Financial is pleased to announce that it has been appointed as back-up servicer to TdA Lico Leasing III on a portfolio of over 5,883 lease contracts to 4,206 debtors covering Spanish SMEs and self-employed individuals. Moody’s and DBRS have assigned provisional ratings to the senior note, rating it as A3 and AAA respectively with a value of €78m.

Link will receive regular data feeds from the Servicer to the transaction as well as performing a review of this information for the benefit of the deal. Furthermore, Link’s Spanish business, Link Finanzas SL, would assume successor servicing duties at the discretion of the management company within the transaction.

Selina Burdell, COO of Link Financial Group, commented, “We are pleased to have been selected as the backup and successor servicer to this transaction. This provides further evidence that Link’s approach to backup servicing, as well as the strength of our operational capabilities, is a compelling offering to the European ABS market.”

This appointment follows on from the group’s recent strong performance in its European servicing operations. Standard & Poor’s (S&P) recently reviewed the company’s servicer ranking raising it to “STRONG – Outlook Stable” awarding Link Financial with their highest rating for a consumer loan special servicer in Europe.

Notes to the editors:

Link Financial

Link Financial is one of Europe’s leading purchasers and servicer of both performing and non-performing loans, managing more than 1.5 million customers and €6 billion of receivables across its European platform. The company is headquartered in London, with further operational centres in Spain, Italy, Germany, Ireland and Wales.

For further information, please contact:

Gerald Elliott, Communications Director, Link Financial Group
T: +44(0)20-7150-0228 E: gelliott@linkfinancial.co.uk

Link Financial Group, 89 Albert Embankment, London SE1 7TP, UK

http://www.linkfinancial.eu

Written by asiafreshnews

November 23, 2012 at 12:51 pm

Posted in Uncategorized

Link Financial Appointed Back-Up Servicer on TdA Lico Leasing III Securitisation of EUR78m Credit Rights

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LONDON, Nov. 22, 2012 /PRNewswire/ —

Link Financial is pleased to announce that it has been appointed as back-up servicer to TdA Lico Leasing III on a portfolio of over 5,883 lease contracts to 4,206 debtors covering Spanish SMEs and self-employed individuals. Moody’s and DBRS have assigned provisional ratings to the senior note, rating it as A3 and AAA respectively with a value of €78m.

Link will receive regular data feeds from the Servicer to the transaction as well as performing a review of this information for the benefit of the deal. Furthermore, Link’s Spanish business, Link Finanzas SL, would assume successor servicing duties at the discretion of the management company within the transaction.

Selina Burdell, COO of Link Financial Group, commented, “We are pleased to have been selected as the backup and successor servicer to this transaction. This provides further evidence that Link’s approach to backup servicing, as well as the strength of our operational capabilities, is a compelling offering to the European ABS market.”

This appointment follows on from the group’s recent strong performance in its European servicing operations. Standard & Poor’s (S&P) recently reviewed the company’s servicer ranking raising it to “STRONG – Outlook Stable” awarding Link Financial with their highest rating for a consumer loan special servicer in Europe.

Notes to the editors:

Link Financial

Link Financial is one of Europe’s leading purchasers and servicer of both performing and non-performing loans, managing more than 1.5 million customers and €6 billion of receivables across its European platform. The company is headquartered in London, with further operational centres in Spain, Italy, Germany, Ireland and Wales.

For further information, please contact:

Gerald Elliott, Communications Director, Link Financial Group
T: +44(0)20-7150-0228 E: gelliott@linkfinancial.co.uk

Link Financial Group, 89 Albert Embankment, London SE1 7TP, UK

http://www.linkfinancial.eu

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November 23, 2012 at 12:50 pm

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Orange Launches ‘Libon’, an All-In-One Communication App: Free HD Calls, Messaging and Personalized Visual Voicemail

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PARIS/PRNewswire/ —
Name: Libon (available for iOS on the App Store)
Quick Pitch: Libon – the most innovative and useful all-in-one communications app that will change the way you communicate with the people that matter
Key features: 3 in 1Free HD calls, Text messages, and smart personalized visual voicemail – on any network
Orange today launched Libon, a free iOS communication app available in 90 countries. Libon enables users to make free High Definition voice calls, send text messages and create personalized voicemails all from one simple-to-use app. Libon works on any network. Libon will be available on Android in early Q1.
Free HD calls
Libon users will enjoy completely free high quality voice calls between Libon users, wherever they are, in the same country or on the other side of the world.
Your contacts only need to download Libon for free from the App Store to begin enjoying free HD crystal clear calls between each other, all you need is 3G or Wi-Fi connections.
Free messages
Libon’s instant messaging is as easy to use as SMS.
Conversations – not just calls
For each of your contacts, Libon summarizes your recent conversations, pulling into one place instant messaging, calls, and voicemails so you can have insightful contextual communications.
Best personalized voicemail: make your callers feel special
Libon’s voicemail offers advanced features including customized greetings for individuals or groups, and text transcription of voicemails*.
You don’t speak the same way to your partner, your family, your colleagues or your customers so Libon lets you sort your contacts into groups, each group hearing a different greeting message. Callers are recognized by their name and even receive your location, if part of a trusted group. Greetings may integrate your last tweet or Facebook status to dynamically update the greeting message*.
For when it’s not convenient, there’s no need to listen to voice messages, Libon converts voice messages to text. And with Libon you don’t even have to record greetings, just type them in Libon and choose a voice from our voice library*.
Never lose anything
Contacts, conversations, messages – everything is saved and synched in our cloud. Lost your phone? Just download Libon on your new handset and find everything in its place.
Free…
A free version of Libon is available with free HD calls and text messaging between Libon users, a visual voicemail with greetings customization for up to 3 different contacts or groups of contacts, Text-to-speech functionality*, voicemails transcription for Libon contact messages*, iPhone and email notification of missed voicemails received, etc….
…or upgrade to Premium
In all 90 countries, users can opt for the Premium option. This in-app subscription provides unlimited customized greetings, full-length transcription of all voicemail messages*, unlimited storage and email copies of all voicemails. In addition, Libon offers its Premium users a full hour of international calling every month to landlines or mobile numbers in 31 countries (non available in Spain, Slovakia, Romania, Belgium, Luxemburg, Dominican Republic, Armenia, Moldavia) – allowing users to use or experiment with Libon even with friends or family who don’t yet use it.
* Available in English, French and Spanish
To see a short video of Libon in action please go here
The Libon app is available as a free download from the App Store on iPhone.
Website: http://www.libon.com
Facebook: http://www.facebook.com/libon.fan
Twitter: https://twitter.com/Libon
Visuals: http://www.flickr.com/photos/libon
About Orange
France Telecom-Orange is one of the world’s leading telecommunications operators with sales of 45.3 billion euros for 2011 and has 170,000 employees worldwide at 30 September 2012, including 105,000 employees in France. Present in 33 countries, the Group has a total customer base of 227 million customers at 30 September 2012, including 169 million mobile customers and 15 million broadband Internet (ADSL, fibre) customers worldwide. Orange is one of the main European operators for mobile and broadband Internet services and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies. With its industrial project, “conquests 2015”, Orange is simultaneously addressing its employees, customers and shareholders, as well as the society in which the company operates, through a concrete set of action plans. These commitments are expressed through a new vision of human resources for employees; through the deployment of a network infrastructure upon which the Group will build its future growth; through the Group’s ambition to offer a superior customer experience thanks in particular to improved quality of service; and through the acceleration of international development. France Telecom (NYSE:FTE) is listed on NYSE Euronext Paris (compartment A) and on the New York Stock Exchange. For more information (on the internet and on your mobile): http://www.orange.com, http://www.orange-business.com, http://www.orange-innovation.tv or to follow us on Twitter: @presseorange.
Orange and any other Orange product or service names included in this material are trademarks of Orange Brand Services Limited, Orange France or France Telecom.
Source: Orange

Written by asiafreshnews

November 23, 2012 at 12:35 pm

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Pew Applauds European Parliament Vote for Stronger Shark Finning Ban

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BRUSSELS, Nov. 22, 2012 /PRNewswire/ — The European Parliament voted today to strengthen the European Union’s ban on shark finning, the practice of slicing off a shark’s fins and discarding the body at sea. 566 members of the European Parliament voted in favor of the European Commission’s proposal to close a loophole by requiring that fins be left naturally attached to all sharks landed by EU fishing vessels globally and by all vessels landing sharks in the EU.

(Photo: http://photos.prnewswire.com/prnh/20121122/DC17877)

Uta Bellion of the Pew Environment Group issued the following statement in response:

“The parliament’s vote is a major milestone in ending the wasteful practice of shark finning. We profoundly thank Commissioner Damanaki for her farsighted and ambitious proposal, the hundreds of members of the European Parliament who have supported it, and most of all, the thousands of citizens in the European Union who encouraged them to do so.

“Fisheries ministers from throughout the European Union have already given a clear indication that they support the commission’s approach by a large majority. We now look to them to accept the parliament’s deliberations and enact the regulation without delay.”

Previously, the EU regulation that banned finning included an exception under which fishermen with permits could remove shark fins on board and then land the fins separately from the bodies. With compliance monitored through a complicated process of measuring and comparing the weights of the fins with the weight of the whole sharks, there was significant room for undetected finning.

Mike Walker
+32476622575
MWalker@pewtrusts.org

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November 23, 2012 at 12:31 pm

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LIM Advisors Limited and Metage Capital Limited Today Published an Open Letter to All Shareholders of Macquarie International Infrastructure Fund Limited (“MIIF”)

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SINGAPORE /PRNewswire/ — Ahead of the upcoming Special General Meeting of MIIF due to take place on 5th December 2012, LIM Advisors Limited and Metage Capital Limited today published the following letter to all MIIF Shareholders:
Dear Shareholders,
Macquarie International Infrastructure Fund—-Upcoming Special General Meeting
LIM Advisors Limited and Metage Capital Limited are investment managers that largely manage the assets of global institutional investors such as pension funds. Both are patient value investors, managing funds which invest in the Macquarie International Infrastructure Fund (“MIIF” or the “Fund”). We have jointly decided to publish this letter to highlight to MIIF Shareholders why we believe we need to requisition a special general meeting (“SGM”), which has been done through Raffles Nominees (PTE) Limited, which holds our shares in MIIF. We urge you as MIIF Shareholders to formulate your own independent conclusions on the merits of this requisition and to cast your vote in favour of the resolutions to be put forward at the forthcoming SGM in order to bring about change.
As professional investors, we believe the most important issue facing Shareholders in MIIF today is the substantial discount to net asset value (“NAV”) that MIIF continues to suffer from. Since the end of 2007, the Fund has continually traded at an unacceptable discount to NAV, which was 24% as of 30th September 2012 according to the presentation on the third quarter results by Macquarie Infrastructure Management (Asia) Pty Limited (the “Manager”), a subsidiary of Macquarie Group Limited. As long as the stock market valuation of MIIF continues to trade so far below its published NAV, all Shareholders are penalised for entrusting their capital to be managed in this Fund.
During the past two years, both LIM Advisors and Metage Capital have made considerable efforts to work constructively with both the management of MIIF and the directors of the Board to ensure that the discount to NAV is narrowed and that the Fund focuses on returning more value to Shareholders. Since April 2011, we have:
Engaged in numerous meetings and calls with the Chairman and directors of the Board of MIIF.
Collectively written seven different letters to the Board putting forward initiatives for the Fund to address its discount to NAV.
Attended and spoken at MIIF’s annual general meetings in both 2011 and 2012 to highlight our concerns and urge more action by the Board.
Put forward repeated requests that the Board broaden itself through the addition of new independent directors with experience in tackling the issues the Fund faces.
Three of the four current independent directors of the Board have remained unchanged since the Fund was listed in 2005, and all four have presided over the Fund during the past five years when Shareholders have suffered from a considerable discount to NAV. During this time, the Board has pursued a strategy of refocusing MIIF into an Asian-focused infrastructure fund (which we support) and of acquiring a considerable additional interest in Taiwan Broadband Communications, including buying a stake from a related Macquarie fund. However, neither of these strategies has adequately addressed the discount.
For some months we have asked the Board to appoint an independent financial advisor not affiliated with MIIF’s Manager. We asked that this financial advisor conduct a strategic review of the options available for the Fund to maximise value for all MIIF Shareholders. Our original requisition for an SGM lodged in September 2012 asked that Shareholders be given the opportunity to vote on an advisory resolution on whether the new independent directors we have nominated, along with the Chairman of the Board, could be delegated the authority to appoint such an advisor.
On 10 October 2012, the current Board announced that it would conduct a strategic review using an advisor. We are encouraged that the Board has decided to appoint an independent financial advisor; however, we continue to believe that for such a strategic review to be effective, fresh thinking at the Board level and input from Shareholder representatives are required. The only member of the Board currently with a significant financial interest in the Fund is the Manager’s representative.
We highlight that since the Fund was launched in 2005 at S$1 per share, Directors remuneration has increased by 45%, despite the fact that the market capitalisation of the Fund has fallen significantly over that period. Given the legacy of the current Board, we believe it is now time for a change. Our requisition provides Shareholders the opportunity to elect three new candidates, all independent of the Manager, with the experience necessary to tackle the issues the Fund continues to face. Together we believe the three nominated directors have:
A track record of proactively engaging with the Manager to unlock value on behalf of all MIIF Shareholders.
A willingness to reach out to all Shareholders in the Fund and canvas their views on how best to realise Shareholder value.
A strong mix of closed-end fund, directorship and capital markets experience, all of which will complement the Board’s existing skill set and the findings of the strategic review for which we have advocated.
We urge all MIIF Shareholders to reflect on the current Board’s lack of success in addressing the Fund’s discount to NAV over the past 5 years, to formulate your own independent conclusions on the merits of this requisition, and to cast your vote at the forthcoming SGM.
In summary:
We believe all MIIF Shareholders deserve a better return on their investment in the Fund.
For 5 years, the current Board has failed to adequately address the discount from which Shareholders suffer.
After advocating a strategic review, we are encouraged that the Board has adopted this initiative; however, we question the Board’s timing and whether the Board would have done this without being pushed by us.
Given its failures to date, we believe that the Board requires additional competencies, energy and experience to tackle these challenges. Our nominees are firmly independent of the Manager, and we believe they possess the attributes the Fund urgently needs.
Should you have any questions or require any additional information, please contact our information line on +65 6631 3204.
In the event that you have already completed and returned the Depositor Proxy Form to the registered office of the Singapore Share Transfer Agent, and you now wish to alter your voting instructions, we recommend that you contact the Fund or the Singapore Share Transfer Agent for further instructions on how to do so prior to 2pm, 3 December 2012 (i.e., not less than 48 hours before the start of the SGM).
Yours faithfully,
LIM Advisors Limited and Metage Capital Limited
Source: LIM Advisors Limited

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November 23, 2012 at 11:58 am

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Perfect World’s Malaysian Subsidiary Takes Over Local Management of Zhu Xian and Chi Bi

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BEIJING /PRNewswire/ — Beijing Perfect World Network Technology Co., Ltd. (“Perfect World”), a leading online game developer and operator based in China, announced the termination of its cooperation with Malaysia- and Singapore-based partners for management of its titles Zhu Xian and Chi Bi. With its new Malaysian subsidiary in place, Perfect World, as the original developer of Zhu Xian and Chi Bi and as the exclusive operator of the two titles in Malaysia, will provide enhanced services for local players from November 23, 2012.

Starting November 21, 2012, players in Malaysia and Singapore can visit http://zhuxian.4games.com and http://chibi.4games.com for detailed game content and operational information about Zhu Xian and Chi Bi. At that time, Perfect World will activate the accounts of existing players in the two regions. With accounts enabled, players can continue to enjoy the games and keep their existing clients and roles.
Perfect World will deliver faster updates, a fairer environment, more comprehensive services and a higher quality experience to all Zhu Xian and Chi Bi players in Singapore and Malaysia. Meanwhile, the company will also provide more compelling rewards and richer content for all existing and new players.
Developed by Perfect World, Zhu Xian is a 3D fantasy MMORPG adapted from the online novel with the same name and creates a virtual world replete with fantasy scenes. The title, which allows players to select scenarios, methodology and characters on their own, has received significant attention and an enthusiastic response from players since its launch in 2007. As one of the most popular online games developed by Perfect World, the online developer continues to enrich player experience through ongoing upgrades and improvements, and, in the response, the popularity of the game continues to increase among players worldwide.
As a result of intensive research and development, Chi Bi, an epic war 3D MMORPG based on the true history of the Three Kingdoms, is a factually correct reflection of the war scenes that took place during this key period of China’s 5,000 years of history. As part of the design process, developers retained the depth of historical detail surrounding the events, while keeping the much demanded flexibility in player choice and preferences. As a result players can choose different camps based on their preferences to experience the scenes during the Three Kingdoms period as if they were actually there. The game, officially launched in 2008 and optimized and updated ever since, continues to be embraced and recognized by an ever increasing number of players worldwide.
Perfect World Co-CEO Xiao Hong said: “The establishment of the subsidiary in Malaysia is another important step by Perfect World as the company continues to establish its footprint worldwide. Through direct marketing efforts, we can learn more precisely and comprehensively what players want and expect and improve the content of a game from a holistic viewpoint and in a fully targeted manner. By doing so, we can create a truly outstanding online gaming experience for players using higher standards and requirements. We believe that the direct marketing method will bring yet more compelling and happy experiences to the new players of Zhu Xian and Chi Bi in Malaysia. Meanwhile, we hope the new Malaysian players will continue to pay close attention to and give support to Perfect World’s games. We plan to introduce more quality online games and services in the future for players to try out and experience.”
Source: Perfect World Co., Ltd.

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November 23, 2012 at 11:46 am

Battle of the Nations: World Historical Medieval Battle Championship

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PARIS /PRNewswire/ — Battle of the Nations, the world championship in Historical Medieval Battle (HMB), gives fighters of 25 national teams from four continents an opportunity to meet on the course in an uncompromising, full contact battle.
To view the Multimedia News Release, please click:
http://www.multivu.com/mnr/58651-medieval-battle-of-nations
HMB is a new sport that combines a modern approach to the organization of sporting events and ancient martial arts. It’s a new stage of martial arts development, based on the techniques of the Middle Ages and the latest achievements of modern full contact sports.
Battle of the Nations appeared in 2009, when the first summit dedicated to the future event was organized and the unified international rules of HMB were written.
For three years the championship developed from four national teams participating in Battle of the Nations 2010 to 25 national teams registered for Battle of the Nations 2013 from France, Germany, United Kingdom, Italy, Austria, Czech republic, Ireland, Slovakia, Luxemburg, Spain, Portugal, Romania, Russia, Ukraine, Belarus, Poland, Quebec, USA, Denmark, Israel, Baltic Countries, Belgium, Australia, New Zealand and Japan.
To participate in the event, the participants go through a strict checking process concerning authenticity of their clothes, armor and weapons. In addition to spectacular full contact battles between the national teams, Battle of the Nations offers performances of medieval artists, fire shows, medieval fairs for guests, taverns etc.
Battle of the Nations doesn’t deal with staged battles. Real feelings and passion for sport, the atmosphere of the event, and unique full contact battles of armored knights attract tens of thousands of spectators every year.
Preparation and conduct of Battle of the Nations is done by Historical Medieval Battle International Association. It promotes full contact HMB tournaments around the world, developing this new, unique and promising sport.
France will host a summit of delegates of the national teams participating in Battle of the Nations 2013 from November 30 to December 1, 2012. The event will be presented at a press conference in Paris on November 30.
“Battle of the Nations” promotes historical medieval battles and historical reenactment of the Middle Ages all over the world, offering a unique opportunity to the national teams to compete on the international arena in the format of a world championship.
More details available at:
http://reenactmentworld.com
For inquiries please contact:
http://bn-fest.com/
airs.vasilenko@yandex.ua
sergey.vasilenko@hmbia.com
+380503847389
Source: Historical Medieval Battle International Association

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November 23, 2012 at 11:27 am

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ANZ Signs Five-year Shanghai Rolex Masters Sponsorship

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SHANGHAI /PRNewswire/ — ANZ today announced an agreement with the Shanghai Rolex Masters to become the International Banking and Finance Partner of Asia’s premier Masters tournament for the next five years.

Executives from the Shanghai Sports Bureau, ANZ and Shanghai Juss launch the ANZ and Shanghai Rolex Masters partnership.
This Diamond Sponsorship of the Shanghai Rolex Masters – now in its fifth year – extends ANZ’s association with tennis following its continued successful partnership with the Australian Open Grand Slam. The Masters will be held between 7-13 October 2013.
Commenting on the announcement, Ms Joyce Phillips, CEO of ANZ Global Wealth and Private Banking, said: “The Shanghai Rolex Masters has quickly become one of the pre-eminent events on the global tennis calendar reaching a worldwide audience of more than 45 million.
“ANZ has a long-standing presence in China and this partnership not only reinforces our long-term commitment to China but also provides a valuable platform to help build our brand connection across the region,” Ms Phillips said.
Shanghai Rolex Masters Tournament Director Michael Luevano said: “ANZ is a well-respected bank in Asia-Pacific and we are delighted to welcome them as one of the tournament partners. ANZ has a strong history supporting tennis in Asia Pacific and its involvement in the Shanghai Rolex Masters will help ensure a lasting legacy is left on the sport in China and the broader region.”
ANZ will also gain naming rights to the China Tennis Development Program, a grassroots initiative aimed at developing young talent and supporting the growth of tennis in China. In the summer of 2013, 400 children from schools across China will be invited to participate in a series of training sessions under the guidance of experienced tennis coaches.
In its first three years in 2009-2011, the Shanghai Rolex Masters was voted by the ATP players to be the ATP World Tour Masters 1000 Tournament of the Year.
For media enquiries contact:
Stephen Ries
Senior Manager Media Relations
Tel: +61 3 8654 3659 or +61 409 655 551
Email: Stephen.Ries@anz.com Gregor Hastings
Weber Shandwick Shanghai
Tel: +86 21 2411 0131
Email: ghastings@webershandwick.com

About ANZ: With a history spanning more than 175 years, ANZ operates in 32 countries throughout Asia and the Pacific, the Middle East, Europe and America. ANZ provides a range of banking and financial products and services to around 8 million customers, and employs 48,000 people worldwide.
Source: ANZ

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November 23, 2012 at 11:03 am

Philippines-Based Megachurch Rallies in Times Square for Superstorm Sandy Relief

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Donations and Outreach Benefit NYC Homeless, First Responders, and Hospitals
NEW YORK/PRNewswire/ — In the devastating wake of Hurricane Sandy, the Iglesia ni Cristo (Church of Christ) hosted an International Aid for Humanity event in New York City on Tuesday, Nov. 20, 2012.
(Photo: http://photos.prnewswire.com/prnh/20121121/NY17621 )
The Philippines-based church’s charitable arm, the Felix Y. Manalo Foundation, made a total donation of $150,000 to the New York City Police Foundation, the FDNY Foundation, Bellevue Hospital Center and Coney Island Hospital – all of which were adversely affected by the huge storm.
The event was attended by noted local and international dignitaries and an estimated 3,000 volunteers from the Church. The volunteers also handed out “goodwill bags” containing survival essentials to the homeless and others in need.
“We chose to host Tuesday’s event in Times Square, one of the most visible places in the world, in hopes that it would help boost morale, give people hope, and remind everyone of the importance of helping their fellow man – which is something that is fundamental to our faith,” explained Dr. Sergie P. Santos, III, spokesman for the Felix Y. Manalo Foundation.
The International Aid for Humanity event on Nov. 20 was attended by the following dignitaries:
Office of the Mayor – Commissioner Fatima Shama and Maria Cruz Lee, Department of Immigrant Affairs
New York City Police Foundation – Susan Birnbaum, President; Gregg Roberts, Executive Director; Judith Dynia, Program Director
FDNY Foundation – Jean O’Shay, President; Susan Wipper, Director
New York Health and Hospitals Corporation – Joe Schick and Tamiru Mammo
Philippine Mission to the United Nations – Ambassador Libran Cabactulan
Philippine Consulate General in New York – Ambassador Mario DeLeon; Theresa Dizon-deVega, Deputy Consul General; Felipe Carino, Consul
New York Neighborhood Coalition for the Homeless – Prema Mennon
“It’s important to note that this event has been part of our ongoing efforts and we will continue and even expand our outreach work in areas affected by the storm throughout the New York metropolitan region,” added Dr. Santos.
Prior to this event, the Church has conducted six different relief missions throughout New York and New Jersey during the past 10 days. In doing so, it has assisted more than 10,000 local residents in neighborhoods ravaged by the storm.
Those interested in volunteering to participate in future relief efforts should visit the Iglesia ni Cristo Web site for more information: incmedia.org.
About Iglesia ni Cristo:
The Iglesia ni Cristo (Tagalog for Church of Christ) is a Christian religious organization registered in the Philippines on July 27, 1914. The Church has since grown into thousands of congregations in more than 100 countries across six continents. It is the largest religious organization originating from the Philippines, and the largest independent Christian Church in Asia. The Church’s North American headquarters is in Burlingame, CA, overseeing its more than 200 congregations throughout the United States. Twelve of those congregations are located in New York and New Jersey, including five in the New York metropolitan area. Its charitable arm, registered as a non-profit in the United States and several other countries, is the Felix Y. Manalo Foundation, Inc.
Source: Iglesia ni Cristo

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November 23, 2012 at 10:27 am

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