SGX

Long-Term Commitment to Sustainable Development and Continued Build-Out of AMTD IDEA and AMTD Digital

Retrieved on: 
Monday, October 23, 2023

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”), and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), announced today that both of organizations have received undertakings from the relevant parties that AMTD Group (the “Group”), and the executive officers of AMTD IDEA and AMTD Digital will not sell any equity securities they own in AMTD IDEA and AMTD Digital in the open market for three years effective immediately, or until October 23, 2026.

Key Points: 
  • AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”), and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), announced today that both of organizations have received undertakings from the relevant parties that AMTD Group (the “Group”), and the executive officers of AMTD IDEA and AMTD Digital will not sell any equity securities they own in AMTD IDEA and AMTD Digital in the open market for three years effective immediately, or until October 23, 2026.
  • In particular, Dr. Calvin Choi (together with his holding company Infinity Power Investments Limited), has confirmed that he will not sell any of his holdings in the open market for five years effective immediately, i.e.
  • Dr. Feridun Hamdullahpur, Chairman of AMTD IDEA, and Chairman of Executive Management Committee of the Group, mentioned, “The Group, including its listed subsidiaries AMTD IDEA and AMTD Digital, is on the path of our multi-businesses build-out and entrepreneurship journey under the Group’s ‘IDEA’ strategy in strong and resilient ways amidst the world’s overall economic challenges and geopolitical uncertainties.
  • We will stay committed and focused on delivering long-term values to our shareholders.”

AMTD Announces Successful Completion of 100% Acquisition of “The Art Newspaper”

Retrieved on: 
Friday, October 20, 2023

AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), alongside with AMTD Group Inc. (“AMTD Group”) and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”), through AMTD World Media and Entertainment Group, together as “AMTD”, announced that the previously announced acquisition of The Art Newspaper globally through several phases of transaction processes has been closed successfully, being an important part of AMTD’s overall initiatives and strategic roadmap to develop global media and entertainment businesses to becoming one of the core pillars of AMTD Group under the “IDEA” strategy.

Key Points: 
  • AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), alongside with AMTD Group Inc. (“AMTD Group”) and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”), through AMTD World Media and Entertainment Group, together as “AMTD”, announced that the previously announced acquisition of The Art Newspaper globally through several phases of transaction processes has been closed successfully, being an important part of AMTD’s overall initiatives and strategic roadmap to develop global media and entertainment businesses to becoming one of the core pillars of AMTD Group under the “IDEA” strategy.
  • The Art Newspaper is world leading and authoritative art media company that covers the international art world since 1990.
  • The Art Newspaper enjoys world renowned reputation as the journal of record for the art world, and the bible of the art industry.
  • Dr. Calvin Choi commented, “The Art Newspaper represents the top standard and official voice and records for the art world.

L’Officiel Announces a Long-Term Strategic Alliance With ENVISEAM

Retrieved on: 
Monday, September 25, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230925706944/en/
    Such a strategic alliance kicked off with the global release of electrifying covers featuring Jay Chou.
  • As a result of this alliance, ENVISEAM has successfully anchored its Pre-Series A funding round, with L’OFFICIEL leading the way.
  • The strategic alliance between L’Officiel and ENVISEAM is a part of such global build-out."
  • ENVISEAM aspires to be at the epicenter of this transformative shift in lifestyles by transcending the boundaries of fine art and entertainment, and partnering long term with AMTD and L’Officiel.

AvePoint Announces Anchor Investment by 65 Equity Partners

Retrieved on: 
Monday, September 18, 2023

“We are pleased to welcome 65 Equity Partners as a substantial long-term stockholder of AvePoint,” said Dr. Tianyi Jiang (TJ), Co-Founder & CEO, AvePoint.

Key Points: 
  • “We are pleased to welcome 65 Equity Partners as a substantial long-term stockholder of AvePoint,” said Dr. Tianyi Jiang (TJ), Co-Founder & CEO, AvePoint.
  • “This investment reflects their confidence in our vision to advance the digital workplace, capture growing markets and prioritize profitable growth.
  • Backed by Temasek, 65 Equity Partners has $3.3 billion in funds under management.
  • Sixth Street, which led AvePoint’s Series C Preferred Equity investment in January 2020 , remains an investor in AvePoint.

AMTD IDEA Group Increases Share Repurchase Program by US$20 million

Retrieved on: 
Friday, September 22, 2023

AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company’s board of directors have authorized an increase to the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 in the amount of US$20 million.

Key Points: 
  • AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company’s board of directors have authorized an increase to the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 in the amount of US$20 million.
  • As a result, the Company may repurchase up to US$40 million of its American depositary shares or ordinary shares under the said program until the close of business on December 29, 2023, U.S. Eastern Time.

The King of Mandopop, Jay Chou, takes center stage on L'OFFICIEL's global covers

Retrieved on: 
Thursday, September 21, 2023

L’Officiel is delighted to present its first global approach to present Jay Chou in multi versions of L’Officiel magazines including France, Italy, China, the USA, Singapore and Malaysia, amplifying how music connects the world.

Key Points: 
  • L’Officiel is delighted to present its first global approach to present Jay Chou in multi versions of L’Officiel magazines including France, Italy, China, the USA, Singapore and Malaysia, amplifying how music connects the world.
  • This edition also brings together , with other components of culture, magic, art and heritage to broadcast a global view of creativity and innovation.
  • L’Officiel is committed to promote of social diversity and global citizenship so that people in every country will support each other to create a better world.
  • More collaboration and projects are expected to announce next towards the promotion of art, music and cultural on a global perspective.

Thales and Intel Collaborate to Enhance Trust in Confidential Computing

Retrieved on: 
Wednesday, September 20, 2023

Thales , the leading global technology and security provider, today announced a collaboration leveraging Thales CipherTrust Data Security platform to deliver end-to-end data security using confidential computing and trusted attestation backed by Intel® Trust Authority .

Key Points: 
  • Thales , the leading global technology and security provider, today announced a collaboration leveraging Thales CipherTrust Data Security platform to deliver end-to-end data security using confidential computing and trusted attestation backed by Intel® Trust Authority .
  • Thales' collaboration with Intel combines the industry leading CipherTrust Data Security Platform with the verifiable attestation service from Intel® Trust Authority to protect data in use and workloads while delivering seamless end-to-end data security.
  • By using trusted attestation from Intel, Thales’ CipherTrust Data Security Platform can ensure sensitive workloads are never decrypted outside of an Intel® TEE, Intel® Trust Domain Extension (TDX) or Intel® Software Guard Extension (SGX).
  • Together, Thales CipherTrust Data Security Platform, Intel Confidential Computing technologies and Intel® Trust Authority provide customers the tools they need to do so.

Fin Capital Announces Formation of Advisory Board

Retrieved on: 
Tuesday, September 12, 2023

Fin Capital , a global asset manager specializing in B2B FinTech, today announced the launch of its advisory board.

Key Points: 
  • Fin Capital , a global asset manager specializing in B2B FinTech, today announced the launch of its advisory board.
  • Comprised of leaders across several investment and operating disciplines, the board will provide important support to both the firm and its portfolio companies.
  • The advisory board will aid and assist Fin Capital's investment and platform teams in evaluating investment opportunities, business development across the firm's multi-stage portfolios, and adding talent to underlying management teams.
  • Jordi Nieto Gabarró: Founder and CEO of Crillon Capital Partners (Former Sabertia Capital Partners), a leading investment banking boutique with a presence in more than 20 countries.

Confidential Computing Market to reach $184.5 Billion, Globally, by 2032 at 46.8% CAGR: Allied Market Research

Retrieved on: 
Friday, September 8, 2023

PORTLAND, Ore, Sept. 8, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Confidential Computing Market by Component (Hardware, Software, Service), Deployment Mode (On-premise and Cloud), Application (Data Security, Security Enclaves, Pellucidity between Users, and Others), End User (BFSI, IT and Telecom, Healthcare, Retail and E-commerce, Manufacturing, Government and Public Sector, and Others), and Region (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global generated $4.1 billion in 2022, and is estimated to reach $184.5 billion by 2032, witnessing a CAGR of 46.8% from 2023 to 2032.

Key Points: 
  • The COVID-19 pandemic had significantly affected the scale of the confidential computing market.
  • The pandemic had brought to light the dangers and vulnerabilities linked to data breaches and cyberattacks, highlighting the significance of confidential computing for maintaining data security and privacy.
  • The pandemic also had a substantial effect on the confidential computing business in the healthcare sector.
  • The healthcare sector handled very private patient information, such as medical records, identifying information, and research data.

Confidential Computing Market to reach $184.5 Billion, Globally, by 2032 at 46.8% CAGR: Allied Market Research

Retrieved on: 
Friday, September 8, 2023

PORTLAND, Ore, Sept. 8, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Confidential Computing Market by Component (Hardware, Software, Service), Deployment Mode (On-premise and Cloud), Application (Data Security, Security Enclaves, Pellucidity between Users, and Others), End User (BFSI, IT and Telecom, Healthcare, Retail and E-commerce, Manufacturing, Government and Public Sector, and Others), and Region (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global generated $4.1 billion in 2022, and is estimated to reach $184.5 billion by 2032, witnessing a CAGR of 46.8% from 2023 to 2032.

Key Points: 
  • The COVID-19 pandemic had significantly affected the scale of the confidential computing market.
  • The pandemic had brought to light the dangers and vulnerabilities linked to data breaches and cyberattacks, highlighting the significance of confidential computing for maintaining data security and privacy.
  • The pandemic also had a substantial effect on the confidential computing business in the healthcare sector.
  • The healthcare sector handled very private patient information, such as medical records, identifying information, and research data.