KUALA LUMPUR, March 27 (Bernama) -- European credit specialist AlbaCore Capital Group (AlbaCore) has launched its new Senior Direct Lending Strategy (the Strategy), having secured anchor investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank).
In a statement, AlbaCore said the firm has successfully completed its first close, bringing in an expected US$1.8 billion in investable capital. (US$1=RM4.42)
The Strategy positions AlbaCore to capitalise on the growing market opportunity in loan financing, further expanding its global presence and delivering enhanced value to clients.
AlbaCore Managing Partner and Chief Investment Officer, David Allen highlighted that the backing from ADIA and Trust Bank reflects the appeal of the Strategy and AlbaCore's ability to take advantage of the opportunity.
Meanwhile, ADIA Executive Director of the Private Equities Department, Hamad Shahwan AlDhaheri, emphasised the importance of the anchor commitment in deepening its relationship with AlbaCore, noting the Strategy’s potential to meet the growing demand for private credit solutions in Europe.
On the other hand, the Trust Bank Chief Executive, Asset Management & Investor Services Business Unit, Takafumi Ihara expressed excitement about supporting the Strategy, aligning with the bank’s global asset management business in expanding private product competitiveness in the direct lending market.
The Strategy will leverage AlbaCore’s deep knowledge of European corporate capital structures to build a diversified portfolio of senior direct lending investments, focusing on downside protection and delivering attractive risk-adjusted returns.
It will also draw upon AlbaCore’s thorough bottom-up fundamental credit analysis to primarily finance senior private loans in upper-mid to large-cap performing European corporates.
-- BERNAMA
Thursday, 27 March 2025
TOLUNA MERGES ITS GLOBAL BRANDS TO STRENGTHEN INSIGHTS LEADERSHIP
KUALA LUMPUR, March 27 (Bernama) -- Global research and insights leader, Toluna has unified its family of brands, namely Harris Interactive, GutCheck and MetrixLab, into a single, refreshed identity under the name ‘Toluna’.
This strategic transformation is the culmination of years of sustained investment in technology, artificial intelligence (AI), world-class research expertise, high-quality first-party data, and global scale, which firmly establish Toluna at the forefront of next-generation insights.
Toluna Founder and Chief Executive Officer, Frédéric-Charles Petit in a statement said bringing the company’s brands and people together under Toluna is more than a brand refresh; it is a strategic milestone that reflected its shared vision that began in 2000.
“Our relentless commitment to empowering a better world through trailblazing insights culminates today, and while this milestone marks a new chapter for Toluna, our journey is far from over – we remain focused on continuous innovation, especially through the responsible and dynamic use of AI, to help our clients navigate complexity and anticipate what is next,” he added.
By uniting under a single brand, Toluna is streamlining its value proposition with one partner delivering contemporary end-to-end solutions – from agile research to advanced analytics – powered by first-party data.
At the heart of Toluna’s transformation is the integration of AI across its platform, accelerating speed to insight, enhancing data quality, and unlocking deeper consumer understanding.
This transformation is strengthened by MetrixLab’s expertise in brand, product, and communications research; Harris Interactive’s best-in-class methodologies; and GutCheck’s agile, human-centric solutions, which are now combined under one unified platform.
With this evolution, Toluna is also introducing TolunaID, the new name for its dedicated division serving research agencies and consultancies to reinforce its legacy of industry-leading quality and expertise in this sector, while Toluna Start, its advanced insights technology platform, has been refreshed to align with the new brand identity.
-- BERNAMA
This strategic transformation is the culmination of years of sustained investment in technology, artificial intelligence (AI), world-class research expertise, high-quality first-party data, and global scale, which firmly establish Toluna at the forefront of next-generation insights.
Toluna Founder and Chief Executive Officer, Frédéric-Charles Petit in a statement said bringing the company’s brands and people together under Toluna is more than a brand refresh; it is a strategic milestone that reflected its shared vision that began in 2000.
“Our relentless commitment to empowering a better world through trailblazing insights culminates today, and while this milestone marks a new chapter for Toluna, our journey is far from over – we remain focused on continuous innovation, especially through the responsible and dynamic use of AI, to help our clients navigate complexity and anticipate what is next,” he added.
By uniting under a single brand, Toluna is streamlining its value proposition with one partner delivering contemporary end-to-end solutions – from agile research to advanced analytics – powered by first-party data.
At the heart of Toluna’s transformation is the integration of AI across its platform, accelerating speed to insight, enhancing data quality, and unlocking deeper consumer understanding.
This transformation is strengthened by MetrixLab’s expertise in brand, product, and communications research; Harris Interactive’s best-in-class methodologies; and GutCheck’s agile, human-centric solutions, which are now combined under one unified platform.
With this evolution, Toluna is also introducing TolunaID, the new name for its dedicated division serving research agencies and consultancies to reinforce its legacy of industry-leading quality and expertise in this sector, while Toluna Start, its advanced insights technology platform, has been refreshed to align with the new brand identity.
-- BERNAMA
Wednesday, 26 March 2025
SMART MODULAR TECHNOLOGIES UNVEILS NON-VOLATILE CXL MEMORY MODULE
 |
| SMART Modular's NV-CMM, utilizing the CXL standard, combines the speed of DRAM with the persistence of NAND flash memory to deliver unprecedented performance and reliability for data-intensive applications. |
KUALA LUMPUR, March 26 (Bernama) -- SMART Modular Technologies Inc (SMART), a global leader in integrated memory solutions, solid-state drives, and hybrid storage products, has announced the sampling of its redefined Non-Volatile CXL Memory Module (NV-CMM) to Tier 1 OEMs based on the CXL 2.0 standard.
According to a statement, the new module provides persistent memory that enables checkpointing, snapshotting and low-latency write cache for demanding data centre compute and storage applications.
This innovative product combines non-volatile high-performance DRAM memory, persistent flash memory and an energy source in a single removable EDSFF form factor to deliver superior reliability and serviceability for data-intensive applications.
SMART Modular Technologies senior product marketing manager, Torry Steed said the company’s NV-CMM represents a paradigm shift in memory technology for data centres.
“By combining the benefits of non-volatile memory with the CXL standard, we are making it significantly easier for system integrators to incorporate compact, non-volatile, high-performance persistent memory into their products,” he added.
The NV-CMM represents a significant leap forward in memory technology, offering enhanced system performance by improving responsiveness and reducing recovery processes, making it ideal for latency-sensitive applications such as high-performance computing and real-time analytics.
It also ensures data persistence through onboard backup power, which helps retain critical data during power outages, thus enhancing system reliability.
The module comes in a versatile E3.S 2T form factor, allowing for flexible server configurations, and its advanced connectivity, with PCIe Gen 5 and CXL 2.0 compliance, ensures seamless integration with the latest data centre architectures.
In addition to these features, the NV-CMM accelerates storage systems by acting as a high-speed cache, boosting storage appliance performance; enhances data recovery to maintain data integrity during power failures or system crashes; optimises virtualisation by enabling faster virtual machine restarts and reducing downtime in cloud infrastructures; and improves overall system performance with efficient write caching.
-- BERNAMA
SUPERFREEZE APPOINTS ALEX CHOI AS HEAD OF KOREA
 |
| Alex Choi has been appointed as the new Chief Executive Officer (CEO) for SuperFreeze in Korea. |
KUALA LUMPUR, March 26 (Bernama) -- SuperFreeze, a leader in cold chain logistics, has appointed Alex Choi as its new Head of Korea, effective March 4.
Choi will play a key role in advancing SuperFreeze's mission of leading Asia’s transition to a sustainable cold chain, improving the availability of quality food and pharmaceutical products, reducing waste, and minimising carbon footprints. He will focus on driving the company's growth and sustainability initiatives in Korea.
SuperFreeze Co-Chief Executive Officer (CEO), Troy Shortell expressed excitement about Choi’s appointment, emphasising his experience and leadership in logistics.
“His deep expertise in logistics and leadership with top industry players make him the ideal person to advance our vision for a sustainable and innovative cold chain in Asia,” said Shortell in a statement.
Meanwhile, Choi expressed his commitment to strengthening SuperFreeze’s operations in Korea.
“I look forward to leveraging my experience to enhance our operations, reduce waste, and drive sustainability, ensuring we deliver exceptional value to our customers and communities,” he said.
Choi brings over 25 years of experience in the logistics industry, having held senior roles at Maersk Logistics, LF Logistics, Agility, and DB Schenker. His expertise in optimising supply chains and driving operational excellence makes him a strong addition to the team.
Choi succeeds YS Kim, who is retiring after seven years of service, during which he played a key role in establishing the Pyeongtaek site. He will also take on the responsibilities previously held by KSF CEO Duckwon Kim.
SuperFreeze extended its appreciation to YS Kim and Duckwon Kim for their significant contributions to the company’s growth and success in Korea.
-- BERNAMA
Tuesday, 25 March 2025
A USD$25 BILLION PUBLIC-PRIVATE GHANA CLIMATE FUTURES AND SOCIO-ECONOMIC INITIATIVE IS AGREED
The Ghana Green Guard USD$25 billion climate futures initiative agreement commits to deliver a series of diversified regenerative solutions to drive a healthier and more sustainable future for all Ghanaians. The agreement is a public-private collaborative partnership between the developer CarbonPura Africa, the Environmental Protection Authority (EPA) representing the government of Ghana and PSPH (Private Sector Participation in Health). Leveraging carbon financing, and carbon and biodiversity monetisation, the agreement will drive environmental restoration, clean water access, and community-based social programmes in Ghana.
ACCRA, Republic of Ghana, March 25 (Bernama-GLOBE NEWSWIRE) -- CarbonPura pioneers Ghana Green Guard, a transformative series of privately funded environmental protection, restoration, and climate-smart projects and initiatives bespoke to the landscape of Ghana. The Ghana Green Guard Agreement harnesses the power of leveraging a climate futures ecosystem combined with flows unlocked from carbon finance to address critical climate and sustainability challenges while advancing Ghana’s environmental restoration and socio-economic development goals.
Chief Executive Officer of the EPA of Ghana, Prof. Nana Ama Browne Klutse says “the Ghana Green Guard Agreement is a significant milestone in Ghana’s environmental journey and marks the beginning of a new era in public-private stakeholder engagement to implement development practices and leverage international carbon markets to achieve sustainability, protect our water bodies and secure a healthier and more prosperous future for all Ghanaians.”
ACCRA, Republic of Ghana, March 25 (Bernama-GLOBE NEWSWIRE) -- CarbonPura pioneers Ghana Green Guard, a transformative series of privately funded environmental protection, restoration, and climate-smart projects and initiatives bespoke to the landscape of Ghana. The Ghana Green Guard Agreement harnesses the power of leveraging a climate futures ecosystem combined with flows unlocked from carbon finance to address critical climate and sustainability challenges while advancing Ghana’s environmental restoration and socio-economic development goals.
Chief Executive Officer of the EPA of Ghana, Prof. Nana Ama Browne Klutse says “the Ghana Green Guard Agreement is a significant milestone in Ghana’s environmental journey and marks the beginning of a new era in public-private stakeholder engagement to implement development practices and leverage international carbon markets to achieve sustainability, protect our water bodies and secure a healthier and more prosperous future for all Ghanaians.”
- One of the most significant nature-based project methodology solutions globally it will generate over 305 million high-quality, investment-grade carbon credits across 12 million hectares of diverse landscapes with a projected cumulative revenue of $10.4 billion over 25 years.
- Each project supports Ghana’s socio-economic and community enhancement programmes and initiatives to empower women, children, and the most vulnerable farmers and communities.
- Aligns international and local partners, government support, NGO and University Collaboration, all 17 UN Sustainable Development Goals, and Ghana’s net-zero and global climate commitments.
- Immediate intervention to enhance Ghana’s water security using the most effective and sustainable solutions and technologies that ensure long-term protection and safeguarding for the provision of clean water and the restoration of polluted water sources caused by illegal mining.
Ghana Green Guard combines the relationship driven socio-economic benefits of a public–private partnership to deliver projects that align seamlessly with President Mahama’s Policies for the Future of Ghana, Ghana’s net-zero and global climate commitments and all 17 UN Sustainable Development Goals. The agreement will utilise restorative and ecosystem vision - not only in project execution but from new relationship driven economic models fuelled by investment grade biodiversity and carbon credit projects.
Dr. Fred Bedzrah, the Vice President of Operations for CarbonPura Africa, stated that “the Green Guard Ghana Agreement sets a new benchmark for environmental and socio-economic impact and is a bold step forward toward positioning Ghana as a leader in sustainable carbon finance by integrating transparent governance, investment grade carbon credit generation, and inclusive community engagement. CarbonPura is proud to deliver a framework that enhances global climate action and ensures tangible benefits for healthier local communities and ecosystems. Ghana demonstrates how high-integrity restorative biodiversity and climate smart projects can drive sustainability and long-term investment confidence.”
The Ghana Green Guard Project leverages 12 million hectares of risk assessed eligible land across various regions of Ghana, strategically and with scientific rigour, chosen for their ecological, biodiversity and socio-economic potential. The expansive project ensures scalable investment-grade carbon credit generation goals and sustained environmental improvement by carefully integrating targeted activities such as reforestation, regenerative agriculture, illegal mining restoration and coastal environment restoration.
The Executive Director of PSPH Dr. Francis Adjei adds that “True sustainability is not just about restoring the environment—it’s about restoring hope, dignity, and opportunity for the most vulnerable. Through the Ghana Green Guard initiatives, we are ensuring that climate action translates into better healthcare, stronger communities, and a future where no one is left behind.”
Cath Thrupp, the Chief Executive Officer of Carbon Planet, says that “Ghana is leading the way in terms of showcasing a sustainable future for their country and the world. They are actively originating large-scale decarbonisation and landscape restoration programmes that will support their country to transition to net zero. In working with the global carbon markets to support this transition, Ghana is actively creating new jobs and opportunities for local communities. As a company, Carbon Planet is honoured to work with the Government and people of Ghana to create a sustainable future, with no one left behind”.
Each project methodology activity is designed to deliver long-term environmental and socio-economic benefits, creating a positive feedback loop where ecological improvements—such as increased biodiversity, improved soil fertility, and enhanced coastal resilience—foster sustainable community development, employment creation, strengthen food security, provide clean water, eliminate species extinction, and drive long-term economic resilience across regions dependent on agricultural and coastal livelihoods.
Mark Phillips, the Chief Executive Officer of Carbon Capital Corporation, says that “through strategic collaboration with Carbon Planet we lead the Ghana Green Guard project origination and ensure that all credits are investment ready, meet the highest standards of regulatory compliance and financial integrity and achieve long term environmental and social impact. This initiative exemplifies how carbon finance can drive real change, protecting ecosystems, empowering communities, and supporting Ghana’s climate commitments. Through Ghana Green Guard, we demonstrate that carbon markets can be a force for equitable and sustainable development.”
The Parties to the Ghana Green Guard Agreement
About the EPA
The EPA is the leading statutory body for protecting and improving the environment in Ghana and is led by its Chief Executive Officer, Prof. Nana Ama Browne Klutse. Recognising the need for stronger oversight, the Environmental Protection Act 2025 (Act 1124) was enacted. Effective from January 6, 2025, this Act elevated the EPA to an Authority, expanding its mandate to regulate, protect, coordinate, and oversee all matters pertaining to the environment. This new legislation marks a pivotal moment in the EPA’s evolution towards greater environmental stewardship and governance.
For further information on Ghana EPA, please visit: www.epa.gov.gh/new/
For media enquiries, please contact: info@epa.gov.gh
About CarbonPura
CarbonPura Africa is the Ghana Green Guard lead developer and is committed to advancing global sustainability through large-scale innovative carbon management and stewardship initiatives that transform environmental goals into impactful realities.
CarbonPura is dedicated to pioneering projects that meet the UN Sustainable Development Goals and propelling the world towards a greener and more prosperous future.
CarbonPura provides end-to-end expertise in net-zero advisory and bespoke solutions that ensure each project contributes to carbon reduction and enhances ecological and social value. CarbonPura integrates top-tier methodologies with community-based conservation efforts for land, forestry wetland and marine ecosystems protection and restoration with scalable carbon solutions.
The social capital and ecological model demand the highest degree of team expertise, including ecologists and environmental auditors, trusted partners and strategic alliances, to enhance the capabilities for CarbonPura in carbon-backed funding, project development, and community reinvestment. CarbonPura navigate market complexities with data-driven precision, ensuring each project maximises value and supports global sustainability.
For more information, visit: www.carbonpura.com/greenguard
For media enquiries, please contact:
Melanie Budden
melanie.budden@therealizationgroup.com
About Private Sector Participation in Health
Private Sector Participation in Health (PSPH) is a leading not-for-profit organisation driving transformative healthcare and social development in Ghana’s most vulnerable communities. As a key partner in the Ghana Green Guard Agreement, PSPH integrates healthcare, education, and social empowerment into climate resilience efforts. Through innovative public-private partnerships, PSPH expands access to essential healthcare, empowers women and youth, and fosters alternative livelihoods, creating lasting socio-economic impact. By bridging corporate Ghana with grassroots needs, PSPH ensures that sustainability, health, and development go hand in hand; building stronger, healthier, and more resilient communities for generations to come.
For further information on PSPH, please visit: www.psphghana.com
For media enquiries, please contact: DrFred@carbonpura.com
About Carbon Capital Corporation [CCC]
CCC is an Australian registered company that operates under an Australian Authorised Financial Services License [278530]. CCC is part of the GBC Group and stands out in global carbon markets offering unique and specialised feasibility, origination, procurement, trading and advisory services for both the buy and sell side. With operations across Africa, Europe, Asia, Australia and the Pacific CCC facilitates large scale carbon projects with stackable value methodologies that allow projects to generate multiple environmental and social co-benefits.
CCC utilises an integrated approach that combines financial structuring, technical expertise, and advanced technology, delivering unmatched value in carbon markets. By optimising carbon and biodiversity credits to meet the high standards demanded by institutional buyers, CCC achieve both financial returns and measured sustainability impact.
For more information, visit: www.carboncapitalcorporation.com
For media enquiries, please contact: markphillips@greenbondcorporation.com
About Carbon Planet
Carbon Planet is an Australian registered ecological company globally leading project feasibility, origination and technical development, bringing extensive expertise in carbon project execution and innovation. Carbon Planet picture a world where natural capital has value, investments are transparent, landholders can feed their families, and local communities can create new jobs and regenerative industries. This requires creating a world where trees and natural capital are valued.
For further information on CarbonPlanet, please visit: www.carbonplanet.io/
For media enquiries, please contact: cath@carbonplanet.io
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2bde12b4-932a-4a25-a144-dc2edc0cb373
https://www.globenewswire.com/NewsRoom/AttachmentNg/d0bb5dd6-e886-4d71-89d4-ddb793c08a70
https://www.globenewswire.com/NewsRoom/AttachmentNg/8ad39039-d081-4987-862b-aae74c12cebf
https://www.globenewswire.com/NewsRoom/AttachmentNg/fb7393fb-aab6-4276-aa2b-757084c3764f
https://www.globenewswire.com/NewsRoom/AttachmentNg/b1c55422-8468-4acc-ab59-282b4e076a3b
https://www.globenewswire.com/NewsRoom/AttachmentNg/21dffd0d-14f2-45af-afca-f3659132ba7a
SOURCE : CarbonPura
Dr. Fred Bedzrah, the Vice President of Operations for CarbonPura Africa, stated that “the Green Guard Ghana Agreement sets a new benchmark for environmental and socio-economic impact and is a bold step forward toward positioning Ghana as a leader in sustainable carbon finance by integrating transparent governance, investment grade carbon credit generation, and inclusive community engagement. CarbonPura is proud to deliver a framework that enhances global climate action and ensures tangible benefits for healthier local communities and ecosystems. Ghana demonstrates how high-integrity restorative biodiversity and climate smart projects can drive sustainability and long-term investment confidence.”
The Ghana Green Guard Project leverages 12 million hectares of risk assessed eligible land across various regions of Ghana, strategically and with scientific rigour, chosen for their ecological, biodiversity and socio-economic potential. The expansive project ensures scalable investment-grade carbon credit generation goals and sustained environmental improvement by carefully integrating targeted activities such as reforestation, regenerative agriculture, illegal mining restoration and coastal environment restoration.
The Executive Director of PSPH Dr. Francis Adjei adds that “True sustainability is not just about restoring the environment—it’s about restoring hope, dignity, and opportunity for the most vulnerable. Through the Ghana Green Guard initiatives, we are ensuring that climate action translates into better healthcare, stronger communities, and a future where no one is left behind.”
Cath Thrupp, the Chief Executive Officer of Carbon Planet, says that “Ghana is leading the way in terms of showcasing a sustainable future for their country and the world. They are actively originating large-scale decarbonisation and landscape restoration programmes that will support their country to transition to net zero. In working with the global carbon markets to support this transition, Ghana is actively creating new jobs and opportunities for local communities. As a company, Carbon Planet is honoured to work with the Government and people of Ghana to create a sustainable future, with no one left behind”.
Each project methodology activity is designed to deliver long-term environmental and socio-economic benefits, creating a positive feedback loop where ecological improvements—such as increased biodiversity, improved soil fertility, and enhanced coastal resilience—foster sustainable community development, employment creation, strengthen food security, provide clean water, eliminate species extinction, and drive long-term economic resilience across regions dependent on agricultural and coastal livelihoods.
Mark Phillips, the Chief Executive Officer of Carbon Capital Corporation, says that “through strategic collaboration with Carbon Planet we lead the Ghana Green Guard project origination and ensure that all credits are investment ready, meet the highest standards of regulatory compliance and financial integrity and achieve long term environmental and social impact. This initiative exemplifies how carbon finance can drive real change, protecting ecosystems, empowering communities, and supporting Ghana’s climate commitments. Through Ghana Green Guard, we demonstrate that carbon markets can be a force for equitable and sustainable development.”
The Parties to the Ghana Green Guard Agreement
About the EPA
The EPA is the leading statutory body for protecting and improving the environment in Ghana and is led by its Chief Executive Officer, Prof. Nana Ama Browne Klutse. Recognising the need for stronger oversight, the Environmental Protection Act 2025 (Act 1124) was enacted. Effective from January 6, 2025, this Act elevated the EPA to an Authority, expanding its mandate to regulate, protect, coordinate, and oversee all matters pertaining to the environment. This new legislation marks a pivotal moment in the EPA’s evolution towards greater environmental stewardship and governance.
For further information on Ghana EPA, please visit: www.epa.gov.gh/new/
For media enquiries, please contact: info@epa.gov.gh
About CarbonPura
CarbonPura Africa is the Ghana Green Guard lead developer and is committed to advancing global sustainability through large-scale innovative carbon management and stewardship initiatives that transform environmental goals into impactful realities.
CarbonPura is dedicated to pioneering projects that meet the UN Sustainable Development Goals and propelling the world towards a greener and more prosperous future.
CarbonPura provides end-to-end expertise in net-zero advisory and bespoke solutions that ensure each project contributes to carbon reduction and enhances ecological and social value. CarbonPura integrates top-tier methodologies with community-based conservation efforts for land, forestry wetland and marine ecosystems protection and restoration with scalable carbon solutions.
The social capital and ecological model demand the highest degree of team expertise, including ecologists and environmental auditors, trusted partners and strategic alliances, to enhance the capabilities for CarbonPura in carbon-backed funding, project development, and community reinvestment. CarbonPura navigate market complexities with data-driven precision, ensuring each project maximises value and supports global sustainability.
For more information, visit: www.carbonpura.com/greenguard
For media enquiries, please contact:
Melanie Budden
melanie.budden@therealizationgroup.com
About Private Sector Participation in Health
Private Sector Participation in Health (PSPH) is a leading not-for-profit organisation driving transformative healthcare and social development in Ghana’s most vulnerable communities. As a key partner in the Ghana Green Guard Agreement, PSPH integrates healthcare, education, and social empowerment into climate resilience efforts. Through innovative public-private partnerships, PSPH expands access to essential healthcare, empowers women and youth, and fosters alternative livelihoods, creating lasting socio-economic impact. By bridging corporate Ghana with grassroots needs, PSPH ensures that sustainability, health, and development go hand in hand; building stronger, healthier, and more resilient communities for generations to come.
For further information on PSPH, please visit: www.psphghana.com
For media enquiries, please contact: DrFred@carbonpura.com
About Carbon Capital Corporation [CCC]
CCC is an Australian registered company that operates under an Australian Authorised Financial Services License [278530]. CCC is part of the GBC Group and stands out in global carbon markets offering unique and specialised feasibility, origination, procurement, trading and advisory services for both the buy and sell side. With operations across Africa, Europe, Asia, Australia and the Pacific CCC facilitates large scale carbon projects with stackable value methodologies that allow projects to generate multiple environmental and social co-benefits.
CCC utilises an integrated approach that combines financial structuring, technical expertise, and advanced technology, delivering unmatched value in carbon markets. By optimising carbon and biodiversity credits to meet the high standards demanded by institutional buyers, CCC achieve both financial returns and measured sustainability impact.
For more information, visit: www.carboncapitalcorporation.com
For media enquiries, please contact: markphillips@greenbondcorporation.com
About Carbon Planet
Carbon Planet is an Australian registered ecological company globally leading project feasibility, origination and technical development, bringing extensive expertise in carbon project execution and innovation. Carbon Planet picture a world where natural capital has value, investments are transparent, landholders can feed their families, and local communities can create new jobs and regenerative industries. This requires creating a world where trees and natural capital are valued.
For further information on CarbonPlanet, please visit: www.carbonplanet.io/
For media enquiries, please contact: cath@carbonplanet.io
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2bde12b4-932a-4a25-a144-dc2edc0cb373
https://www.globenewswire.com/NewsRoom/AttachmentNg/d0bb5dd6-e886-4d71-89d4-ddb793c08a70
https://www.globenewswire.com/NewsRoom/AttachmentNg/8ad39039-d081-4987-862b-aae74c12cebf
https://www.globenewswire.com/NewsRoom/AttachmentNg/fb7393fb-aab6-4276-aa2b-757084c3764f
https://www.globenewswire.com/NewsRoom/AttachmentNg/b1c55422-8468-4acc-ab59-282b4e076a3b
https://www.globenewswire.com/NewsRoom/AttachmentNg/21dffd0d-14f2-45af-afca-f3659132ba7a
SOURCE : CarbonPura
Friday, 21 March 2025
EXCELLENT CREDIT RATINGS ASSIGNED TO CHINA TAIPING INSURANCE (MACAU) - AM BEST
KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of China Taiping Insurance (Macau) Company Limited (CTIM).
The outlook of these credit ratings (ratings) is stable, reflecting CTIM’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
As measured by Best’s Capital Adequacy Ratio, CTIM’s risk-adjusted capitalisation remained at the strongest level as of year-end 2023, while its capital level remained robust and further strengthened to US$120 million at year-end 2024, based on the unaudited financial statements. (US$1=RM4.42)
According to AM Best in a statement, the company’s investment strategy is consistently conservative, with the majority of its assets held in cash and investment-grade bonds.
In addition, CTIM’s reinsurance programme remains comprehensive with reinsurer panels of good credit quality; although, the reinsurance dependency of the company is moderate.
Reported a five-year average return-on-equity ratio (ROE) of 18.4 per cent from 2019 to 2023, CTIM achieved an ROE of 19.8 per cent in 2024, with a historical full-year-recorded net profit.
Last year, the net combined ratio increased moderately, mainly driven by an uptick in the loss ratio from motor business, while the net expense ratio stayed largely at a similar level as the prior year, thanks to the effective control of management expenses.
CTIM maintains a long track record as the leader in Macau’s non-life insurance segment and has a market share of approximately 33 per cent as of the third quarter 2024, based on gross premiums written, with its underwriting portfolio and distribution channels remaining diversified.
-- BERNAMA
The outlook of these credit ratings (ratings) is stable, reflecting CTIM’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
As measured by Best’s Capital Adequacy Ratio, CTIM’s risk-adjusted capitalisation remained at the strongest level as of year-end 2023, while its capital level remained robust and further strengthened to US$120 million at year-end 2024, based on the unaudited financial statements. (US$1=RM4.42)
According to AM Best in a statement, the company’s investment strategy is consistently conservative, with the majority of its assets held in cash and investment-grade bonds.
In addition, CTIM’s reinsurance programme remains comprehensive with reinsurer panels of good credit quality; although, the reinsurance dependency of the company is moderate.
Reported a five-year average return-on-equity ratio (ROE) of 18.4 per cent from 2019 to 2023, CTIM achieved an ROE of 19.8 per cent in 2024, with a historical full-year-recorded net profit.
Last year, the net combined ratio increased moderately, mainly driven by an uptick in the loss ratio from motor business, while the net expense ratio stayed largely at a similar level as the prior year, thanks to the effective control of management expenses.
CTIM maintains a long track record as the leader in Macau’s non-life insurance segment and has a market share of approximately 33 per cent as of the third quarter 2024, based on gross premiums written, with its underwriting portfolio and distribution channels remaining diversified.
-- BERNAMA
AMTD UNVEILS ANOTHER NEW MOVIE: A GILDED GAME
PARIS & NEW YORK & SINGAPORE, March 21 (Bernama-BUSINESS WIRE) -- AMTD Group Inc. ("AMTD" or the "Group"), alongside World Media and Entertainment Universal Inc. ("WME"), a subsidiary of the Group under AMTD Digital, jointly announced that following the success of the “The Last Dance”, another AMTD movie is coming soon: “A Gilded Game” is set to premiere in China on May 1.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250320580381/en/
Directed by Herman Yau, the Movie stars Andy Lau and Oho Ou in lead roles, along with a special appearance by Ni Ni. Andy Lau plays a capital markets expert, regarded as the top "prophet" in the industry, while Oho Ou takes on the role of Lau's apprentice.
AMTD serves as a Production Company of the Movie, alongside with Universe Entertainment, Maoyan, and Yingming Culture, while Dr. Calvin Choi, founder of AMTD IDEA Group and AMTD Digital, serves as both producer and executive producer.
This Movie represents AMTD's fourth time working as a production company alongside the international acclaimed actor Andy Lau. The previous collaborations have been immensely successful, with 'Shock Wave 2' reaching a box office of RMB1.314 billion, 'Moscow Mission' grossing RMB664 million, and 'Golden Finger' achieving RMB574 million.
Dr. Feridun Hamdullahpur, Chairman of AMTD and WME, commented: “We are thrilled to embark on another creative journey with Andy Lau and our talented cast in ‘A Gilded Game’. This Movie embodies our commitment to producing high-quality entertainment, and we look forward to the audience's enthusiastic response to this remarkable cinematic experience.”
About AMTD Group
AMTD Group is a conglomerate with core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality areas.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter") at @AMTDGroup.
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, digital investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.
About World Media and Entertainment
World Media and Entertainment, jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide. WME comprises L’Officiel, The Art Newspaper, movie and entertainment projects, collectively a diversified media and entertainment portfolio of global businesses, and a global portfolio of premium properties.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group and/or AMTD Digital with the SEC. All information provided in this press release is as of the date of this press release, and neither AMTD IDEA Group nor AMTD Digital undertakes any obligation to update any forward-looking statement, except as required under applicable law.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250320580381/en/
Contact
For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com
For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.com
Source : AMTD Digital Inc.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250320580381/en/
Directed by Herman Yau, the Movie stars Andy Lau and Oho Ou in lead roles, along with a special appearance by Ni Ni. Andy Lau plays a capital markets expert, regarded as the top "prophet" in the industry, while Oho Ou takes on the role of Lau's apprentice.
AMTD serves as a Production Company of the Movie, alongside with Universe Entertainment, Maoyan, and Yingming Culture, while Dr. Calvin Choi, founder of AMTD IDEA Group and AMTD Digital, serves as both producer and executive producer.
This Movie represents AMTD's fourth time working as a production company alongside the international acclaimed actor Andy Lau. The previous collaborations have been immensely successful, with 'Shock Wave 2' reaching a box office of RMB1.314 billion, 'Moscow Mission' grossing RMB664 million, and 'Golden Finger' achieving RMB574 million.
Dr. Feridun Hamdullahpur, Chairman of AMTD and WME, commented: “We are thrilled to embark on another creative journey with Andy Lau and our talented cast in ‘A Gilded Game’. This Movie embodies our commitment to producing high-quality entertainment, and we look forward to the audience's enthusiastic response to this remarkable cinematic experience.”
About AMTD Group
AMTD Group is a conglomerate with core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality areas.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter") at @AMTDGroup.
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, digital investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.
About World Media and Entertainment
World Media and Entertainment, jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide. WME comprises L’Officiel, The Art Newspaper, movie and entertainment projects, collectively a diversified media and entertainment portfolio of global businesses, and a global portfolio of premium properties.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group and/or AMTD Digital with the SEC. All information provided in this press release is as of the date of this press release, and neither AMTD IDEA Group nor AMTD Digital undertakes any obligation to update any forward-looking statement, except as required under applicable law.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250320580381/en/
Contact
For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com
For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.com
Source : AMTD Digital Inc.
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