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Archive for May 12th, 2016

FLC Samson Beach & Golf Resort Selects 4ipnet Wi-Fi Solution In Northern-central Vietnam

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TAIPEI, Taiwan  /PRNewswire/ — FLC Samson Beach & Golf Resort features the largest golf course-resort-hotel complex in northern-central Vietnam. In addition to its golfing facilities, the resort also offers various amenities across its 450 hectare property, including a 1,300seat International Conference Center and an amusement park. In an era where guests expect stable and high-speed Wi-Fi service in luxury hotels, it was crucial for FLC Samson Beach & Golf Resort to meet customers’ satisfactions. As a newly constructed multi-complex resort, the primary concern was to provide sustained Wi-Fi coverage, while having the capacity to centrally manage all the access points and perform detailed user policy enforcement.

“It is essential that we meet customers’ expectations, since their feedback can greatly impact our long-term success,” said Nguyen Van Kien, head of the resort’s IT department.

After evaluating several vendors’ Wi-Fi solutions, Mr. Kien and his team decided on 4ipnet as their final choice. 4ipnet WHG controller-gateways are unique from other solutions available by integrating service zones, user access control, and centralized WLAN management into one box. Service zones allow a single WHG controller to simulate multiple independent virtual networks, each with their own user roles, schedule-based access policies, and customized login pages. With this architecture, the resort was able to offer location-based advertisements that catered to Wi-Fi users in different areas of the property, such as the Clubhouse, Conference Center, and A La Carte and Fusion hotel zones.

For the access points, 4ipnet provided the resort with various options – EAP727, EAP760, EAP767, and OWL530 were installed to accommodate over 500 hotel rooms, residential villas, as well as outdoor facilities. The built-in enterprise-grade features and configurable connectivity thresholds of 4ipnet APs successfully met the demand of higher density environments, delivering a reliable user experience.

Once the new Wi-Fi deployment started operating, FLC Samson Beach & Golf Resort was more than pleased with 4ipnet’s Wi-Fi solution, as Mr. Kien commented with great enthusiasm, “With 4ipnet, we can now ensure fast and uninterrupted service across the entire resort. 4ipnet Wi-Fi solution provides the highest functionality and reliability at the best price.”

4ipnet offers one of the most comprehensive solutions for hospitality Wi-Fi. Guests and tourists visiting FLC Samson Beach & Golf Resort can now enjoy high-performing and steady Wi-Fi service during their stay at this coveted golfing and vacation destination.

About 4ipnet

Founded in 2002, 4ipnet designs and delivers the solutions and services that drive next-generation wireless networks. The company is focused on providing a personalized and disruptive approach to addressing complex Wi-Fi environments, ensuring a high-performance, flexible, and cost-effective wireless experience.

Along with integrated user policy enforcement, social media insights, and hotspot billing, 4ipnet’s platform empowers businesses with new opportunities for value-added services and Wi-Fi monetization.

For more information, please visit www.4ipnet.com.

Source: 4ipnet
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Written by asiafreshnews

May 12, 2016 at 3:47 pm

Posted in Uncategorized

Techninier’s Sky Invasion Raises Gaming Stakes For U Mobile Customers With RM100, 000 Worth of Prizes Up For Grabs

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KUALA LUMPUR, Malaysia /PRNewswire/ — Techninier Sdn Bhd, Malaysia’s leading mobile social gaming platform provider continues to bring its state of the art cross-platform mobile games to the masses. As part of its on-going efforts to reach mobile gamers across the country, Techninier has partnered with U Mobile Sdn Bhd to hold a mobile game tournament exclusively for U Mobile customers through its own built game named ‘Sky Invasion’.

Play and win up to RM100,000 worth of prizes!

U Mobile subscribers have the privilege to participate in the ‘Sky Invasion’ mobile game tournament for FREE and they also stand the chance to win prizes worth RM100,000 including the grand prize, a brand new Kia Picanto 1.2 AT. Other prizes up for grabs include motorcycles, electronics and vouchers. Other notable prizes include HTC’s latest mobile phones as HTC Malaysia is also a key collaborator of this exclusive U Mobile Sky Invasion tournament.

Dato’ Lion Peh, CEO of Techninier had this to say, “Our first large-scale game tournament for Android devices last year garnered a lot of attention from gamers and industry players. With enhancements to our state of the art cross-platform allowing the inclusion of iOS devices, the all-new ‘Sky Invasion’ tournament for 2016 is looking to be an even bigger success.”

Jasmine Lee, Chief Marketing Officer at U Mobile said, “U Mobile always strives to provide our customers with the best data experience possible, be it value or quality. Our partnership with Techninier to host ‘Sky Invasion’ tournament is one of the many ways we have in place for our customers to leverage on our quality data services for work, entertainment or just pure enjoyment. In this particular case, it would be competitive and social gaming. To enhance our customers’ experience, we are even offering 3GB free internet for life to all our Power Prepaid customers as well as extra 8GB to our Hero Postpaid customers, so they may further maximise their U Mobile data experience”.

A remake from the classic top-down shoot-em-up game genre, ‘Sky Invasion’ features all-new overhauled graphics and gameplay enhancements with in-app purchases to help players power through aerial dogfights and battle zones in the game.

The ‘Sky Invasion’ mobile game tournament kicks off on the 12th April and will end on the 1st  August 2016. U Mobile subscribers competing in the tournament can check the live leaderboard to see where they stand amongst competitors. Gamers of all skill levels are welcome to participate and can do so by visiting m.gamelord.my on their mobile devices.

Dato’ Lion Peh further commented, “With the explosive growth of interest in games among Malaysian mobile customers, the launch of ‘Sky Invasion’ will create excitement and add value to our partner’s services. Eventually, we hope to create opportunities for gamers to turn game time into real life rewards.”

The Malaysian games industry is currently in its nascent stage with much room to grow. Based on the PricewaterhouseCoopers Global Entertainment and Media Outlook 2013-2017, Malaysia’s games market was worth RM727 million in 2013 and is expected to grow by 20% to RM868.70 million by 2017. Based on Satista’s statistics, the mobile gaming user penetration in Malaysia stands at 21.12% and is expected to hit 26.50% in 2020.

About Techninier

Techninier Sdn. Bhd. has been at the forefront of innovation as a company which specializes in the provision of technology and content in the internet and mobile space. In tandem with technology provision, Techninier is focused in the mobile social gaming and mobile social networking platform. Techninier also integrates and manages clients’ and partners’ needs in the ICT industry.

About U Mobile

At U Mobile, we believe in creating new and better ways to connect people via data and voice. As the fastest growing telco, we make it our business to constantly innovate so that we can provide the best mobile plans and customer experience, complimented by the most relevant technology for our customers. We challenge industry norms relentlessly to make mobile connectivity truly seamless to everyone.

For more information on U Mobile’s products and services, please visit http://www.u.com.my/ or participate in U Mobile’s various social activities by visiting http://www.fb.com/umobile

Photo – http://photos.prnasia.com/prnh/20160411/8521602313

 

Written by asiafreshnews

May 12, 2016 at 3:07 pm

Posted in Uncategorized

Established Drone-Detection Company Set to IPO on ASX

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SYDNEY, Australia /PRNewswire/ —

This communication does not constitute an offer for sale of securities in the United States. The securities described herein have not been, and will not be, registered under the Securities Act of 1933, as amended (“Securities Act”), and the securities may not be offered or sold, directly or indirectly, in the United States, except in a transaction exempt from the registration requirements of the Securities Act.

DroneShield Limited (ACN 608 915 859) (the Company) lodged a prospectus for the initial public offer of its securities with the Australian Securities and Investments Commission (ASIC) on 27 April 2016 (Prospectus). The issuer of the securities under the Prospectus is the Company. The Prospectus is available and can be obtained by contacting the Company at investors@droneshield.com or alternatively, you can obtain a copy of the Prospectus from the website of the Company at www.droneshield.com/investors. The initial public offer of the Company’s securities is made in the Prospectus. All persons should consider the Prospectus in deciding whether to acquire securities in the Company. Anyone who wants to acquire securities in the Company will need to complete an application form that will be in or will accompany the Prospectus.

DroneShield is an established player in the detection of small unmanned aerial vehicles (sUAVs or “drones”) for the protection of public and private sectors including infrastructure, airports, utilities, prisons, stadiums, defence installations, borders, secured sites, manufacturing plants, real estate assets, and public events.

DroneShield protecting Boston Marathon (April 2016)
DroneShield protecting Boston Marathon (April 2016)

The Company is addressing a very real issue in today’s society. Affordable consumer-grade drones have become popular around the world, with over 1 million commercial drones sold last year and 12 million expected to be in operation by 2020.

However, commercial drones present unique and frequent threats to privacy, physical security, and public safety in a wide variety of public and private sectors, which is expected to lead to a defence and security drone market worth over US$$11 billion by 2024.

Drones have the capability to deliver a payload to a precise location and are extremely hard to detect. DroneShield has a unique and effective solution that detects drones and is being shipped around the world through a growing network of distributors.

The Company’s unique technology uses proprietary hardware, which is backed by proprietary software to detect drones up to 1km away and that would usually be invisible to radar and radio frequency based systems. DroneShield utilises audio/acoustic signatures obtained at US Department of Defence approved anechoic chamber to detect any drone in production.

The Company has shipped over 220 units since January 2014, and its products have been used by a US state Homeland Security facility, several NATO militaries, and a high profile US airport, and for the protection of a G7 Head of State. In April 2016, DroneShield products have provided drone security at the Boston Marathon for the second year in a row, protecting over 30,000 runners and thousands of spectators.

DroneShield is headed up by CEO James Walker, an experienced executive with a history of successfully leading early stage companies to commercialisation in global markets and the former CFO of the London-listed Seeing Machines (AIM:SEE). The board, management team and advisory board include a number of high profile defence industry executives, including:

– the current chairman of the boards of nearmap Ltd (ASX:NEA) and Macquarie Telecom Group (ASX:MAQ) (Chairman),
– the former Deputy National Security Advisor for Vice-President Cheney (Director),
– a former Chief of Naval Research (United States Navy) and the U.S. Department of the Navy Chief Technology Officer (Advisory Board),
– a former Australian Minister for Defence (Advisory Board), and
– a former Commander of the British Field Army (Advisory Board).

The Company is raising A$5 million to A$7 million in connection with an ASX IPO through the issue of up to 35 million shares at an issue price of A$0.20 per share, with the IPO due to close 2 June. The Company has reserved discretion to close the IPO early.

Funds raised from the IPO will be used for to further scale DroneShield’s existing technology, adapt DroneShield’s products to meet unique customer demands as they arise and implement strategies to add complementary detection and certain countermeasure methods in permitted locations. The funds will also enable DroneShield to assist its existing global distributor network and develop their local markets, establish selected direct relationships within key segments of local markets identified by DroneShield, expand the manufacturing capability of DroneShield’s products, and pay any ongoing intellectual property, legal, insurance and administration costs.

To view the Prospectus please click here.

Photo – http://photos.prnasia.com/prnh/20160511/8521603030

Source: DroneShield Limited

Written by asiafreshnews

May 12, 2016 at 2:53 pm

Posted in Uncategorized

Beautiful: The Carole King Musical to Make Australian Debut in Sydney

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SYDNEY /PRNewswire/ — Sydney will again shine as the home of first run musicals, with the NSW Government securing the Australian premiere of Beautiful: The Carole King Musical exclusively for Sydney next year.

Minister Ayres, Rebecca LaChance and Michael Cassel Beautiful: The Carole King Musical
Minister Ayres, Rebecca LaChance and Michael Cassel Beautiful: The Carole King Musical

 

Minister Ayres, Rebecca LaChance and Michael Cassel Beautiful: The Carole King Musical
Minister Ayres, Rebecca LaChance and Michael Cassel Beautiful: The Carole King Musical

Minister for Trade, Tourism and Major Events Stuart Ayres today announced the highly acclaimed Broadway production would open in Sydney at the Lyric Theatre in September 2017.

“Securing the Australian premiere of Beautiful for the Sydney stage is a major coup for NSW, following on from the show’s acclaimed production on Broadway, which won two Tony Awards, as well as the 2015 Grammy for Best Musical Theatre Album,” Mr Ayres said.

“Many people don’t realise the extent of Carole King’s legendary catalogue of hits. They are songs we know and love and they’re part of this blockbuster production which tells her inspiring story from school girl to superstar.

Beautiful will be a major drawcard for visitors to NSW with approximately 60,000 overnight visitors expected to travel to Sydney to see it, generating AU$26 million for the NSW economy and getting some toes tapping along the way,” Mr Ayres said.

Australian Producer Michael Cassel said Beautiful: The Carole King Musical traces the singer-songwriter’s life from ordinary girl with extraordinary talent to chart-topping music legend.

“The show celebrates the remarkable journey of Carole King — the success that she enjoyed with song-writing partner and husband Gerry Goffin and their close friendship and playful rivalry with fellow song-writing duo Barry Mann and Cynthia Weil.

“Packed full of Carole King classics such as ‘Will You Love Me Tomorrow’, ‘(You Make Me Feel Like A) Natural Woman’, ‘Locomotion’ and many more, Beautiful is guaranteed to have audiences feel the earth move under their feet!” Mr Cassel said.

Visit www.beautifulmusical.com.au for more information.

About Destination NSW

Destination NSW is the lead Government agency for the New South Wales (NSW) tourism and major events sectors. Our role is to market Sydney and NSW as one of the world’s premier tourism and major events destinations; to secure major sporting and cultural events; to work in partnership with Business Events Sydney to win major international conventions and incentive travel reward programs; to develop and deliver initiatives that will drive visitor growth throughout the State; to achieve the NSW Government’s goal of doubling overnight visitor expenditure within the State by the year 2020.

From food and wine festivals to surf competitions, world class sporting events to celebrations of arts and culture,New South Wales has an Annual Calendar of Events that celebrates the diverse facets of Australian contemporary life. Sydney is unrivalled in Australia in its capacity to stage exclusive events that have the whole world tuning in. Destination NSW has been at the forefront in creating and winning world-class events that putSydney on the global front page. For a full list of events in Sydney go to sydney.com.

For more information please see: http://photos.prnasia.com/prnk/20160511/8521603037-a 

Photo – http://photos.prnasia.com/prnh/20160511/8521603037-b
Photo – http://photos.prnasia.com/prnh/20160511/8521603037-c

Source: Destination NSW

Written by asiafreshnews

May 12, 2016 at 12:06 pm

Posted in Uncategorized

UPDATED: Marriott Rewards “Members Get More” by Booking Direct

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-Marriott Rewards Members receive the very best prices, points and free Wi-Fi across global portfolio of brands

HONG KONG /PRNewswire/ — Marriott has launched Marriott Rewards Member Rates, available immediately and designed exclusively to further reward Members who book direct on Marriott channels including Marriott.com and the Marriott mobile app as well as through call centers and select corporate travel professionals. Available to Members only who book direct, Marriott Rewards Member Rates join other perks, including loyalty points, mobile check-in and check-out, and free Wi-Fi. These benefits are available across a diverse portfolio of brands such as The Ritz-Carlton, JW Marriott, Renaissance Hotels, Marriott Hotels, Courtyard by Marriott, with more than 4,200 hotels worldwide.

“Consumers living in Asia Pacific are exploring countries across Asia and the rest of the world with increasing pace and passion. They are becoming more sophisticated and discerning — both in the rates they pay and the quality of experience they expect. For those who join Marriott Rewards and book on our channels, we offer special rates, Members only experiences and added touches to make travel seamless and rewarding,” explainedPeggy Fang Roe, Chief Sales and Marketing Officer, Asia Pacific.

Marriott Rewards Member Rates provide an additional proof point on why it pays to book direct. These Member rates, which are broadly available today and with a free Marriott Rewards account, are the latest perk in a series of benefits Marriott Rewards is rolling out to demonstrate that loyalty flows both ways. Other components of the loyalty program include:

Best Rate Guarantee: All guests receive the benefit of the company’s best rate guarantee. If a guest finds a better rate within 24 hours of booking direct, Marriott matches and provides an additional 25% discount.

Mobile Check-in and Check-out: When Members book their stays on Marriott channels; they can take full advantage of the Marriott Mobile app to expedite arrivals and departures with just one click. This app allows Members to check-in, select a time of arrival, receive an alert when their room is ready, check out by mobile, and chat with a Marriott host through Mobile Requests before, during or after a trip.

Free Wi-Fi: In this always on and always connected world, Marriott Rewards Members booking direct always receive free Wi-Fi throughout their stay.

Access and Experiences: In addition, Marriott Rewards Members in Asia Pacific receive opportunities to attend Member-exclusive events throughout the year. These have included private functions with teams at the NBA Global Games China, experiential tours of holistic activities with the Marriott Rewards kids program MAX!, culinary demonstrations at Taste of Hong Kong, the World’s Greatest Restaurant Festival and invitations to HKSEVENS Rugby Week. In addition Members have access to a collection of unique, curated experiences through the recently announced experience marketplace, available globally to all Members in late May.

Cash + Points: Enjoy the freedom of mixing cash and points for any stay — from a single night to a vacation getaway. Members’ choices begin with as few as 3,000 points and US$45 cash, and extend to different combinations.

Guaranteed late checkout: Gold and Platinum Elite Members of Marriott Rewards and The Ritz-Carlton Rewards receive increased flexibility and peace of mind when they travel with guaranteed late checkout, which could be as late as 4pm. This benefit will be launched in Asia Pacific and globally on 16th May.

Learn more about Member benefits and sign up here.

Marriott Rewards Member Rates and perks are available for hotel stays booked at one of the more than 4,200 participating hotels worldwide. These new rates are also offered through select corporate accounts and travel agent partners.

Marriott Rewards

Marriott Rewards is Marriott International’s award-winning loyalty program spanning 17 brands and over 4,200 properties worldwide. Marriott Rewards is free to join and has no blackout dates and members can earn and redeem points at Marriott International properties around the world and at Marriott Rewards exclusive luxury partner The Ritz-Carlton®. Members can also redeem points for frequent flyer miles, cruises, car rentals, merchandise and more. By making rewards accessible with a modern, easy approach, Marriott Rewards continues to be a leader in the industry. Marriott Rewards has won the Freddie Award for “Best Hotel Rewards Program in the Americas” for the last nine years and is a two-time winner of the Frequent Travel Award for “Best Hotel Rewards Program.” The program was ranked #1 in J.D. Power’s 2016 Hotel Loyalty/Rewards Program Satisfaction Report. In addition, the program has been named best hotel rewards program by the readers of U.S. News & World Report, About.com, Business Traveler, Global Traveler, Executive Travel and BusinessWeek magazines. To enroll and for more information about Marriott Rewards, guests can visit MarriottRewards.com.

Logo – http://photos.prnasia.com/prnh/20160205/8521600770LOGO-a

Source: Marriott International

Written by asiafreshnews

May 12, 2016 at 12:03 pm

Posted in Uncategorized

The Hongkong and Shanghai Hotels, Limited Announces First Quarter 2016 Unaudited Operating Statistics

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HONG KONG /PRNewswire/ — At its Annual General Meeting held today, The Hongkong and Shanghai Hotels, Limited (HSH) disclosed its unaudited first quarter operating statistics for 2016.

From left to right : Mr. Peter C. Borer, Chief Operating Officer, The Hongkong and Shanghai Hotels, Limited; Mr. Clement K.M. Kwok, Chief Executive Officer, The Hongkong and Shanghai Hotels, Limited; The Hon. Sir Michael Kadoorie, Chairman, The Hongkong and Shanghai Hotels, Limited; Mr. Matthew J. Lawson, Chief Financial Officer, The Hongkong and Shanghai Hotels, Limited
From left to right : Mr. Peter C. Borer, Chief Operating Officer, The Hongkong and Shanghai Hotels, Limited; Mr. Clement K.M. Kwok, Chief Executive Officer, The Hongkong and Shanghai Hotels, Limited; The Hon. Sir Michael Kadoorie, Chairman, The Hongkong and Shanghai Hotels, Limited; Mr. Matthew J. Lawson, Chief Financial Officer, The Hongkong and Shanghai Hotels, Limited

Commenting on the year-to-date results, HSH Managing Director and Chief Executive Officer Mr Clement K.M. Kwok said, “The first quarter results were generally in line with our expectations and reflected the soft market inHong Kong, as well as the seasonal nature of the hotel industry. We have experienced a mixed start to our business in 2016, with results impacted by the renovations at The Peninsula Beijing and The Peninsula Chicago, and we will work hard to drive revenue and contain costs across our operations.

The Peninsula Hotels

While average room rates were stable with a decrease of 2%, The Peninsula Hong Kong reported a 7% decline in RevPAR as compared with the same period last year, reflecting the generally weaker business environment inHong Kong.

We were pleased to see a 10% increase in RevPAR and a 12% increase in average room rates in other parts ofAsia, mainly due to improved occupancy levels at The Peninsula Bangkok amidst a more stable political environment in Thailand. The Peninsula Tokyo implemented a rate growth strategy and reported strong average rates, enhanced by strong demand due to a weak Japanese Yen attracting increased overseas visitors to Japan. The Peninsula Beijing and The Peninsula Chicago were undergoing renovation projects and this impacted occupancy and RevPAR compared to the previous year.

Hotels in the United States and Europe reported a slight increase in occupancy and a 2% decrease in RevPAR. The Peninsula Beverly Hills performed strongly.

Commercial Properties

Residential Leasing: Occupancy at The Repulse Bay Complex increased, driven by robust occupancy in the unfurnished apartments.

Shopping Arcades: The shopping arcades in The Peninsula Hotels, The Peak Tower and The Repulse Bay continue to be popular with premium brands for retail space. The Peak Tower and The Repulse Bay are almost fully occupied. The Shopping Arcades yield reduced by 7% year-on-year. We are working with our retail tenants to develop new marketing campaigns, including “Legendary Artisans” in The Peninsula Hong Kong, to help drive traffic to our arcades.

Offices: Yield from the Group’s office leasing increased by 4% year-on-year, due to the increased occupancy and average rental rates in The Peninsula Office Tower and St. John’s Building, located in Hong Kong.

Outlook and Developments

We have experienced a mixed start to our business in 2016. For the remainder of the year, our operating results will be adversely affected by the partial closure of The Peninsula Beijing due to its major renovation, which will result in a significantly improved product in Beijing.

The outlook for the Hong Kong market in terms of tourism, high-end residential lettings and retail rental income is somewhat uncertain. While the trends have been weak, our business has been stable, mainly due to the steady returns of our property leasing business, with our residential apartments and commercial arcades holding up well.

We believe that the smaller, exclusive and high-end nature of the retail outlets at The Peninsula Hong Kong, as well as our luxury residential product at The Repulse Bay Complex, especially our recently fully renovated and enlarged apartments at the de Ricou tower, have been key to maintaining demand for those properties.

Elsewhere in Asia, we continue to see strong and increasing demand in Shanghai, Tokyo, and Bangkokcontinues to recover. In the US, the economic outlook is positive and our US operations are well-positioned to benefit from the projected growth in consumer spending. Growth in the US domestic and corporate market will be especially beneficial for The Peninsula Chicago with its full renovation completed in April 2016. The Peninsula Beverly Hills is experiencing strong demand following the opening of its fully renovated restaurant The Belvedere in January 2016.

In Paris, business has been affected by the terrorist attacks of 2015. However, we have been seeing some pickup since the beginning of 2016 although the first quarter of the year is in the winter low season and we are hopeful for a stronger recovery in the leisure market from spring onwards.

We are pleased to have made good progress with our partners in the ongoing development of our three projects in London, Istanbul and Yangon. We remain confident that our long-term growth is underpinned by a strong balance sheet comprising valuable high quality assets coupled with a low level of gearing.”

About The Hongkong and Shanghai Hotels, Limited (HSH)

Incorporated in 1866 and listed on the Hong Kong Stock Exchange (00045), The Hongkong and Shanghai Hotels, Limited is the holding company of a Group which is engaged in the ownership, development, and management of prestigious hotels and commercial and residential properties in key locations in Asia, the United States and Europe, as well as the provision of tourism and leisure, club management and other services. The Peninsula Hotels portfolio comprises The Peninsula Hong Kong, The Peninsula Shanghai, The Peninsula Beijing, The Peninsula Tokyo, The Peninsula Bangkok, The Peninsula Manila, The Peninsula New York, The Peninsula Chicago, The Peninsula Beverly Hills, and The Peninsula Paris. Projects under development include The Peninsula London, The Peninsula Yangon and The Peninsula Istanbul. The property portfolio of the Group includes The Repulse Bay Complex, The Peak Tower and St. John’s Building in Hong Kong; The Landmark in Ho Chi Minh City, Vietnam; 1-5 Grosvenor Place in London, UK, and 21 avenue Kléber in Paris, France. The clubs and services portfolio of the Group includes The Peak Tram in Hong Kong; Thai Country Club in Bangkok, Thailand; Quail Lodge & Golf Club in Carmel, California; Peninsula Clubs and Consultancy Services, Peninsula Merchandising, and Tai Pan Laundry in Hong Kong.

For further information on this release, please contact:

The Hongkong and Shanghai Hotels, Limited
Lynne Mulholland
Director, Corporate Affairs
Tel: (852) 2840 7152 / 6718 8219
Email: lynnemulholland@peninsula.com

Jackie Lam
Corporate Affairs Manager
Tel: (852) 2840 7276 / 9267 2083
Email: jackielam@peninsula.com

Websites: www.hshgroup.com  www.peninsula.com

Unaudited Operating Statistics – First Quarter of 2016

The unaudited quarterly operating statistics of The Hongkong and Shanghai Hotels, Limited (the “Company”) for the first quarter of 2016 are as follows:

THE PENINSULA HOTELS

Occupancy Rate (%)

Number of
rooms

Q1
2016

Q1
2015

Change
(pp)

Hong Kong                          

300

71

75

(4)

Other Asia                            (note 10)

1,913

67

68

(1)

USA and Europe                  

969

57

56

1

Average Room Rate (HK$)

Number of
rooms

Q1
2016

Q1
2015

Change
(%)

Hong Kong                          

300

5,017

5,123

(2)

Other Asia                            (note 10) 

1,913

2,444

2,181

12

USA and Europe                  

969

5,142

5,282

(3)

RevPAR (HK$)

Number of
rooms

Q1
2016

Q1
2015

Change
(%)

Hong Kong                           

300

3,568

3,832

(7)

Other Asia                            (note 10)

1,913

1,631

1,486

10

USA and Europe                  

969

2,933

2,980

(2)

LEASING

Occupancy Rate (%)

Q1
2016

Q1
2015

Change

(pp)

Residential                                                         

94

92

2

Shopping Arcades

93

95

(2)

Office

100

99

1

Average Monthly Yield
per available square foot (HK$)

Q1
2016

Q1
2015

Change
(%)

Residential

46

45

2

Shopping Arcades

188

202

(7)

Office

56

54

4

The unaudited quarterly operating statistics of the Company for 2016 and 2015 are as follows:

THE PENINSULA HOTELS

Occupancy Rate
(%)

Number of

Rooms

2016

2015

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Hong Kong

300

71

75

69

71

78

Other Asia (note 10)

1,913

67

68

71

67

72

USA and Europe

969

57

56

74

75

67

Average Room Rate (HK$)

2016

2015

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Hong Kong

5,017

5,123

4,436

4,334

5,088

Other Asia (note 10)

2,444

2,181

2,283

2,120

2,481

USA and Europe

5,142

5,282

6,052

5,876

5,942

RevPAR (HK$)

2016

2015

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Hong Kong

3,568

3,832

3,051

3,062

3,963

Other Asia (note 10)

1,631

1,486

1,630

1,430

1,796

USA and Europe

2,933

2,980

4,487

4,422

3,971

LEASING

Occupancy Rate (%)

2016

2015

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Residential                    

94

92

94

92

95

Shopping Arcades

93

95

95

94

95

Office

100

99

98

100

100

 

Average Monthly Yield
per available square foot (HK$)

2016

2015

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Residential                    

46

45

46

44

46

Shopping Arcades

188

202

203

204

200

Office

56

54

53

55

55

Notes for All Operations:

1.      pp  = percentage points
2.      (  ) = the change is a decrease compared with last year
3.      All amounts are expressed in HK$

Notes for The Peninsula Hotels:                    

4.      Number of rooms is the total number of guestrooms in a hotel, whether available for sale or not.  Rooms available, or saleable inventory, is the total room inventory less rooms unavailable for an extended period of time and / or permanent house use rooms.
5.      Occupancy Rate is the number of rooms sold / rooms available for sale.
6.      Average Room Rate is the total rooms revenue / number of rooms sold.
7.      RevPAR is the total rooms revenue / rooms available for sale.
8.      Occupancy rates, average room rates and RevPAR are weighted averages for the hotels in each grouping.
9.      The average room rates and RevPAR include undistributed service charge, which is levied at 10% in Hong Kong and at 15% in China and Japan.
10.   The saleable inventory in The Peninsula Beijing was reduced from Q1 of 2015 as preparations were made for renovation, impacting on Occupancy Rate and RevPAR.
11.   The Peninsula Hotels are located in:

Hong Kong:    

Hong Kong

Other Asia:                             

Shanghai, Beijing, Tokyo, Bangkok and Manila

USA and Europe:       

New York, Chicago, Beverly Hills and Paris

Notes for Leasing:

12.      Occupancy Rate is the occupied area leased / area available for lease.
13.      Average Monthly Yield per available square foot is the total rental income / area available for lease.
14.      Occupancy rates are weighted averages based on the area available in each grouping.
15.      The Group’s most significant shopping arcades are located in The Peninsula Hotels in Hong Kong,Shanghai, Beijing, New York, as well as The Repulse Bay Complex and The Peak Tower.
16.      The operating statistics do not include information for operations that are not consolidated or whose results are not material in the Group context: The Landmark, Vietnam; The Peninsula Residences, Shanghai; and 21 avenue Kléber, Paris. The operating statistics also do not include information for 1-5 Grosvenor Place, Londonbecause of the proposed redevelopment.

Shareholders and potential investors of the Company are reminded that the above operating information has not been reviewed or audited by the Company’s independent auditor.  Shareholders and potential investors of the Company should therefore exercise caution when dealing in the securities of the Company.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Unaudited Operating Statistics – First Quarter of 2016

The appended unaudited operating statistics and press release contain the first quarter operating information of The Hongkong and Shanghai Hotels, Limited (the “Company”).  This announcement is made pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong).  The same information is dispatched to shareholders and members of the press at the Annual General Meeting of the Company held on 11 May 2016.

Shareholders and potential investors of the Company are reminded that the operating information has not been reviewed or audited by the Company’s independent auditor. Shareholders and potential investors of the Company should therefore exercise caution when dealing in the securities of the Company.

For and on behalf of the Board
The Hongkong and Shanghai Hotels, Limited
Christobelle Liao
Company Secretary

Hong Kong, 11 May 2016

As at the date of this announcement, the Board of Directors of the Company comprises the following Directors:

Non-Executive Chairman

The Hon. Sir Michael Kadoorie

Non-Executive Deputy Chairman         

Non-Executive Directors

Andrew Clifford Winawer Brandler

Ronald James McAulay

William Elkin Mocatta 

Executive Directors

Managing Director and Chief Executive Officer         

Clement King Man Kwok 

Chief Operating Officer

Peter Camille Borer

John Andrew Harry Leigh

Nicholas Timothy James Colfer

Independent Non-Executive Directors

Dr the Hon. Sir David Kwok Po Li

Patrick Blackwell Paul

Pierre Roger Boppe

Chief Financial Officer

Matthew James Lawson

Dr William Kwok Lun Fung

Dr Rosanna Yick Ming Wong

Dr Kim Lesley Winser

 

 

 

Photo – http://photos.prnasia.com/prnh/20160511/8521603043
Logo – http://photos.prnasia.com/prnh/20140310/8521401355LOGO-a

Source: The Hongkong and Shanghai Hotels, Limited

Related stocks: HongKong:0045 OTC-PINK:HKSHY

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Written by asiafreshnews

May 12, 2016 at 12:00 pm

Posted in Uncategorized

Beauty Indonesia: a New Trade Show by UBM in an effervescent market!

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JAKARTA, Indonesia /PRNewswire/ — UBM is excited to announce the launch of Beauty Indonesia, a premier beauty trade show for industry professionals to be held during 19 to 21 April 2017 at the Jakarta International Expo (JIExpo),Indonesia.

Innovation in Beauty
Innovation in Beauty

 

UBM is the largest trade show organizer in Asia, and a joint organizer of Cosmoprof Asia in Hong Kong.

Part of UBM’s portfolio of 6 Beauty Events in South East Asia, Beauty Indonesia is the first trade-only show in the country with a clear focus on international participation and on representing all beauty sectors:ingredients, packaging & machinery, contract manufacturing, finished cosmetics, toiletries & personal care, wellness & spa, natural health, beauty salons, professional hair, nail and accessories.

A vast and dynamic local market in Indonesia – where all major global brands are present – spurs strong competition and creates broad opportunities. Beyond China, Indonesia and India will be the key growth marketsby 2019. In particular, Indonesia is set to become the second largest contributor to skin care’s absolute growthreplacing the US in third (Source: Euromonitor).

But not just affordable: in fact demand for premium products and packaging drive growth in Indonesia and the region. Product customization is in high demand in Asia Pacific, while the young Asian population shows a strong interest in beauty innovation.

For more information about Beauty Indonesia, you can visit our website or download the brochure here.

ABOUT the organizer

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asiaand the largest commercial organizer in China, India and Malaysia. Established with its headquarters in Hong Kongand subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 31 offices and 1,300 staff in 24 major cities. We operate in 20 market sectors with 230 exhibitions and conferences, 21 trade publications, 18 online products for over 2,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. www.ubmasia.com

Contact Person: Ivan Ferrari
Phone Number: +62 21 2930 5959 ext 138
Email: Ivan.Ferrari@ubm.com

Logo – http://photos.prnasia.com/prnh/20150730/8521504987LOGO
Photo – http://photos.prnasia.com/prnh/20160511/8521603011

Source: Beauty Indonesia – UBM

Written by asiafreshnews

May 12, 2016 at 11:53 am

Posted in Uncategorized

State Bank of India & Accuity win Anti-Money Laundering Technology Implementation of the Year at The Asian Banker Awards 2016

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-Project lauded for leading anti-trade-based money laundering practices and improving operational efficiencies for India’s largest commercial bank

HANOI, Vietnam /PRNewswire/ — State Bank of India (SBI) and Accuity win the Anti-Money Laundering (AML) Technology Implementation of the Year 2016 at The Asian Banker Awards today.

SBI, India’s largest commercial bank and a Fortune 500 company, worked with Accuity, the leading provider of risk and compliance solutions, to improve its anti-trade-based money laundering processes. The project is at the forefront of best practice, going beyond the conventional screening checklist to ensure all elements of trade transactions are screened  including Dual-Use Goods information, Vessels, Ports and Shipping data. SBI can now be confident that goods that are traded for illicit purposes will be flagged as part of its screening processes in branches across 20 countries, by trained personnel, with decision making powers at the local level to escalate suspicious trades as they discover them. SBI has enhanced capability to prevent trade-based money laundering while improving operational efficiency.

Mobasher Zein Kazmi, Head of Research, Asian Banker, said: “SBI and Accuity were the clear winners in the AML category. At a time of increasing regulatory focus on trade-based money laundering, SBI is at the forefront of forging industry-best practice with its breadth of screening capability and localised, efficient decision-making.”

Hugh Jones, CEO, Accuity, commented: “Accuity is honoured to win the Asian Banker Award with SBI. Winning this award means a great deal to us  as it recognises our innovation in dual-use goods screening and our commitment to continuing innovation and partnership with our clients.”

As a result of this project SBI enhanced its ability to prevent trade-based money laundering while minimising false positives and keeping the good trades flowing. A strong collaboration between Accuity consultants and SBI business and compliance teams ensured this multi-country project was completed in under two months.

For more information please contact:

Prisita Menon, Cognito, prisita.menon@cognitomedia.com +65-9856-4954
Heather Smith, Accuity, heather.smith@accuity.com +44 (0)7342 069 456

About State Bank of India (SBI)

SBI is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. SBI group consists of SBI and five associate banks. The group has an extensive network, with 22000 plus branches in India and 198 offices and 7 overseas subsidiaries in 37 countries across the world. As of 31stDec, 2015, SBI had assets worth USD 324 billion and capital & reserves in excess of USD 22 billion.

About Accuity

Accuity, the leading global provider of risk and compliance, payments and know-your-customer solutions, comprises pioneering FircoSoft, Bankers Almanac and NRS. Our unmatched data and technology services deliver the most comprehensive sanctions screening, optimal payment efficiency, compliant transactions, bank counterparty insight and AML screening success. Accuity is owned by one of the world’s leading business-to-business data and content providers, RBI, and part of RELX Group.

Source: Accuity
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Written by asiafreshnews

May 12, 2016 at 11:45 am

Posted in Uncategorized

Indonesia Cement Manufacturing: China tops the investor’s list

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JAKARTA, Indonesia /PRNewswire/ — Mainland China appears for the first time among Indonesia’s top foreign investors. The Investment Coordinating Board (BKPM) ranks mainland China as the fourth-largest investor, after Singapore, Japan andHong Kong, with its biggest investments in smelting facilities and cement manufacturing.

FDI in Indonesia
FDI in Indonesia

 

The BKPM recently launched a China desk, which employs Chinese-speaking staff, including two to three Chinese Embassy employees, to help investors in dealing with issues such as slow responses to licenses, land inquiries and language barriers.

Indonesia is pushing manufacturing forward to help reduce unemployment amid a slow global economy that caused price declines in the country’s key commodities. As a consequence, President Joko Widodo has launched 12 economic packages so far aimed also at cutting red tape for investments in manufacturing facilities.

To learn more and meet the players that shape the cement industry, visit Concrete Show South East Asia inJakarta during 14-16 September 2016. The leading business event and learning platform for the Concrete and Construction Industry in South East Asia – organized by UBM – gathers over 200 companies from 28 countries which share technology, insight and create real growth opportunities for Indonesia and the region.

ABOUT the organizer

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asiaand the largest commercial organizer in China, India and Malaysia. Established with its headquarters in Hong Kongand subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 31 offices and 1,300 staff in 24 major cities. We operate in 20 market sectors with 230 exhibitions and conferences, 21 trade publications, 18 online products for over 2,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. www.ubmasia.com

Contact Person: Ivan Ferrari
Phone Number: +62 21 2930 5959 ext 138
Email: Ivan.Ferrari@ubm.com

Logo – http://photos.prnasia.com/prnh/20150730/8521504987LOGO
Photo – http://photos.prnasia.com/prnh/20160511/8521603012

Source: UBM
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May 12, 2016 at 11:45 am

Posted in Uncategorized

Atos receives Distinguished Enterprise Partner of the Year from OpenText

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SINGAPORE /PRNewswire/ — Atos has received OpenText’s Distinguished Enterprise Partner of the Year award at the recently concluded 2016 OpenText Innovation Tour Experience held in Singapore. This award recognizes Atos’ focus and success in Singapore and Thailand, and the company’s commitment to working closely with OpenText.

The OpenText Distinguished Enterprise Partner of the Year award recognizes OpenText partners in the Asia-Pacific region who have developed and delivered exceptional OpenText-based solutions during the past year. Atos was recognised for demonstrating excellence in innovation and implementation of OpenText-based customer solutions that enable the Digital World.

Herbert Leung, CEO of Atos in Asia Pacific said, “While this award consolidates Atos’ position as a leading IT and Systems Integration service provider in Asia Pacific, it also reinforces our commitment to transform our clients’ business through digitization of knowledge management.  Additionally, this award reiterates the success of the Atos-OpenText partnership in the Asia Pacific region, and the business value we are able to deliver to our current and potential clients. I thank OpenText for the award and applaud our Singapore team for a job well done.”

“This award specifically recognizes the value Atos’ has delivered to our shared customers in the South East Asian region over the past year,” said Mr Lee Gale, Vice President Alliances, APAC of OpenText. “As customers move into the digital world, they are looking for partners who can help them transform their business. By building deep and lasting relationships with our value-added partners, OpenText aims to ensure that customers have access to the right solutions, consultancy and support.”

About Atos

Atos SE (Societas Europaea) is a leader in digital services with pro forma annual revenue of circa EURO 12 billion and circa 100,000 employees in 72 countries. Serving a global client base, the Group provides Consulting & Systems Integration services, Managed Services & BPO, Cloud operations, Big Data & Cyber-security solutions, as well as transactional services through Worldline, the European leader in the payments and transactional services industry. With its deep technology expertise and industry knowledge, the Group works with clients across different business sectors: Defense, Financial Services, Health, Manufacturing, Media, Utilities, Public sector, Retail, Telecommunications, and Transportation. Atos is focused on business technology that powers progress and helps organizations to create their firm of the future. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and is listed on the Euronext Paris market. Atos operates under the brands Atos, Atos Consulting, Atos Worldgrid, Bull, Canopy, Unify and Worldline

About OpenText

OpenText enables the digital world, creating a better way for organizations to work with information, on premises or in the cloud. For more information about OpenText visit opentext.com.

Media Contact
Rhoda M Dinesen
Atos
Mobile: +65 9168 1146
Email: rhoda.dinesen@atos.net

Source: Atos Information Technology
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Written by asiafreshnews

May 12, 2016 at 11:44 am

Posted in Uncategorized