Saturday, 18 July 2026

​AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.

HONG KONG, July 16 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of DB Insurance Co., Ltd. (DBI) (South Korea). The outlook of these Credit Ratings (ratings) is stable. 

The ratings reflect DBI’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management. 

DBI’s risk-adjusted capitalisation is assessed at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR), including credit for hybrid securities. DBI’s strong capability of internal capital generation, financial flexibility and tight asset-liability management allows the company’s capital to stay resilient amid an unfavourable business environment, such as volatile interest rate movements. In AM Best’s view, the company had a positive adjusted financial leverage ratio of 11.9% at year-end 2025, which includes equity credit for hybrid securities, and strong interest coverage for 2025. While the acquisition of The Fortegra Group, Inc. (Fortegra), completed in May 2026, could potentially weigh on risk-adjusted capitalisation, AM Best views DBI as having a sufficient capital buffer to absorb the impact, and expects the company to recover through strong earnings generation. 

AM Best assesses DBI’s operating performance as strong, underpinned by continued double-digit return-on-equity, supported by a combined ratio that generally outperforms its domestic peers and robust investment profits. AM Best expects the recent decrease in overall underwriting profitability to be manageable, following various mitigative measures in each business line including active rate adjustments and tightened underwriting discipline. In particular, the company’s large contractual service margin will continue to provide a stable source of underwriting income in the long-term insurance line. Prospectively, the acquisition of Fortegra is expected to provide a moderate uplift to DBI’s overall earnings. 

DBI remains one of the leading non-life insurers in South Korea, with a market share of about 19% in terms of insurance service revenue in 2025. The company benefits from a strong brand in its domestic market and its diversified product offerings, including long-term, auto and general insurances. Its profile is strengthened further by the life insurance business through its subsidiary, DB Life Insurance Co., Ltd. In addition, the acquisition of Fortegra is expected to bring geographic and product diversification to DBI, bolstering its international growth strategy and supporting its long-term positioning in the U.S. market. 

Negative rating actions could occur if DBI shows a sustained deterioration in its operating performance to a level that no longer supports the current strong assessment. Negative rating actions also could occur if there is a significant deterioration in the company’s balance sheet strength fundamentals. Although unlikely in the medium term, positive rating actions could occur if DBI demonstrates an unquestionable market leadership position with high brand recognition in both domestic and overseas markets, while maintaining strong profitability. 

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication. 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com

Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260715299974/en/ 

Contact

Seokjae Lee
Senior Financial Analyst
+852 2827 3407
seokjae.lee@ambest.com

Chanyoung Lee
Director, Analytics
+852 2857 3404
chanyoung.lee@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com 

Source : AM Best 

--BERNAMA 

Friday, 17 July 2026

IFAST GLOBAL BANK ADDS CHINA QR PAYMENT SUPPORT



KUALA LUMPUR, July 17 (Bernama) -- iFAST Global Bank has expanded its Worldwide Scan & Pay service to support QR code payments in China, allowing customers to make cross-border transactions through Alipay+, the unified wallet gateway of Ant International.

In a statement, the bank said customers can make payments at Alipay+ compatible merchants and supported national QR payment networks in China by scanning QR codes using the iFAST Global Bank mobile application, eliminating the need for a physical payment card.

iFAST Global Bank General Manager of Digital Personal Banking, Simon Lee said China is one of the world's largest QR payment markets, with QR code payments deeply integrated into everyday life, and the expansion enables customers to enjoy the same convenience while travelling or managing an internationally connected lifestyle.

The bank said the move comes as international travel to China for business, education and tourism continues to increase, driving demand for familiar and convenient cross-border payment solutions through a single global banking account.

To mark the launch, iFAST Global Bank is offering one per cent cashback on eligible QR code payments made via Worldwide Scan & Pay from June 16 to Aug 16.

The cashback is capped at GBP10 per customer, based on qualifying spending of up to GBP1,000 during the promotional period, and will be credited automatically to eligible customers' accounts. (GBP1 = RM5.48)

The promotion is available to Digital Personal Banking customers with an active iFAST Global Bank account and access to the Worldwide Scan & Pay service, subject to the programme's terms and conditions.

-- BERNAMA

Wednesday, 15 July 2026

PRAYTELL EXPANDS INTO ASIA WITH SINGAPORE OFFICE

KUALA LUMPUR, July 15 (Bernama) -- Praytell has expanded into Asia with the opening of a Singapore office, marking the creative communications agency's latest step in its global growth strategy and strengthening its presence across North America, Europe, Asia and Australia.

According to the company in a statement, the new office will be led by industry veteran Debbie Chin, who joins Praytell as Executive Vice President, Asia. Based in Singapore, the regional hub will support global brands operating across Asian markets while helping Asian companies expand into the United States and other international markets.

Praytell Chief Executive Officer (CEO), Beth Cleveland said the expansion reflects Praytell's continued investment in growth, with the Singapore office combining the agency's global capabilities with regional expertise to deliver localised communications and storytelling for clients.

Chin brings more than 25 years of communications experience across London, Shanghai and Singapore, having worked with multinational brands including Unilever and Procter & Gamble. She joins from Weber Shandwick, where she led global communications for major consumer portfolios.

Praytell said its Singapore office will also strengthen collaboration within the Project Worldwide alliance by working alongside sister agencies George P. Johnson and DARKHORSE to provide integrated marketing, communications and brand experience services across the region.

Project Worldwide APAC CEO, Ben Taylor said adding Praytell's creative communications capabilities strengthens the alliance's regional offering and supports its strategy of delivering integrated marketing solutions for global brands.

Founded in 2010, Project Worldwide comprises 13 agencies, 45 offices and 2,300 employees globally. Praytell first entered the Asia-Pacific (APAC) region in 2021 with the launch of its Melbourne office and has since expanded into Sydney.

-- BERNAMA

Friday, 10 July 2026

DEWA LAUNCHES INTERNATIONAL ARM TO EXPAND GLOBAL ENERGY AND WATER PROJECTS

DEWA International launched as a wholly owned independent subsidiary of DEWA to develop global energy and water projects (Photo: AETOSWire)


KUALA LUMPUR, July 10 (Bernama) -- Dubai Electricity and Water Authority (DEWA) has announced the establishment of DEWA International, its wholly owned independent subsidiary, to develop conventional and clean energy projects worldwide and export Dubai’s successful energy and water infrastructure model to global markets.

Dubai Supreme Council of Energy Chairman, Sheikh Ahmed bin Saeed Al Maktoum said Dubai has firmly established itself as a leading international benchmark through world-class infrastructure, particularly in the energy and water sectors.

In a statement, Sheikh Ahmed said the launch of DEWA International marks a strategic step towards extending this successful model to global markets and strengthening Dubai’s position as a source of knowledge and expertise in energy, water, sustainability and digital transformation.

Meanwhile, DEWA Managing Director and Chief Executive Officer, Saeed Mohammed Al Tayer said DEWA has powered Dubai’s growth for decades through high performance and efficiency.

“Now, we rank first globally in 13 key utility performance indicators and two regional benchmarks across generation, transmission, distribution and customer service. Our financial strength provides real strategic freedom through sustained revenue growth, strong margins and significant investing capacity,” said Saeed Mohammed.

He added that DEWA International will develop power and water projects using advanced technologies in partnership with leading organisations worldwide, with work already underway to identify opportunities, build a project pipeline and establish strategic partnerships.

-- BERNAMA

Abaxx Approves CIX As Custodian For Carbon Futures Contract

KUALA LUMPUR, July 9 (Bernama) -- Abaxx Technologies Inc announced that Climate Impact X (CIX), a global environmental markets exchange, has been approved as an eligible custodian for Abaxx Exchange’s carbon futures contracts.

Participants taking delivery under these contracts can now hold their credits with CIX, giving them an additional route to manage post-trade activity.

Abaxx Exchange Chief Commercial Officer, Joe Raia said market participants need clearer ways to price carbon exposure before they trade and more efficient ways to manage credits after they do.

“Abaxx carbon futures are designed to provide a transparent, exchange-traded price signal, and CIX’s approval as an eligible custodian expands the post-trade choices available to participants taking delivery under those contracts,” added Raia in a statement.

Environmental markets remain fragmented, with carbon credits held across multiple registries, creating operational complexity and added cost for companies moving assets between markets.

With CIX as an approved custodian, clients can use its omnibus custodial service and multi-registry connectivity to hold, transfer and retire credits delivered under Abaxx carbon futures alongside credits from their own spot market activities. The arrangement provides greater flexibility, enhances trading efficiency and reduces the need to maintain multiple service provider accounts or relationships.

The arrangement was first utilised on July 1 to facilitate the transfer and delivery of 120 lots under Abaxx’s CORSIA Phase One futures contract, with each lot representing 100 CORSIA Eligible Emissions Units (EEUs).

The arrangement covers Abaxx's Jurisdictional REDD+ and CORSIA Phase One futures contracts and forms part of CIX's ongoing efforts to build the market infrastructure needed to scale participation. CIX is currently connected to 12 registries, with plans to expand further.

-- BERNAMA

Wednesday, 8 July 2026

​AscentHR Strengthens Regional Payroll Leadership with Strategic Acquisition of OS HRS

Acquisition expands regional payroll capabilities across countries, enhancing support for multinational enterprises across Asia-Pacific and the Middle East

SINGAPORE, July 6 (Bernama-BUSINESS WIRE) -- AscentHR, a leading provider of HR technology, payroll, compliance, and workforce solutions, today announced the acquisition of OS HRS, a trusted APAC-focused payroll outsourcing provider with over two decades of experience in delivering multi-country payroll services.

The acquisition was completed through a single-stage transaction under which AscentHR acquired 100% of the equity share capital of OS HRS Malaysia, OS HRS Japan, and OS HRS India from BREXA Inc. (formerly Outsourcing Inc.), Tokyo, Japan. Financial terms of the transaction were not disclosed.

The acquisition significantly strengthens AscentHR's regional presence, strengthening its payroll delivery capabilities, compliance expertise, and in-country operations across key markets including India, Japan, China, Malaysia, Korea, Singapore, and several other countries across Asia-Pacific and the Middle East.

With OS HRS joining the AscentHR family, the combined organisation will support payroll operations across the APAC region, offering multinational enterprises a stronger platform for managing payroll, compliance, and workforce administration through deep local expertise and a unified regional delivery model.

Commenting on the acquisition, Subramanyam S., Founder & CEO, AscentHR, said:
"This marks an important milestone in AscentHR's vision of building a leading regional payroll and workforce solutions platform. OS HRS brings deep regional expertise, strong customer relationships, and an outstanding reputation for payroll excellence. Together, we are creating a stronger organisation with expanded capabilities, enhanced regional reach, and the ability to deliver greater value to customers across Asia-Pacific."

The integration combines AscentHR's HR technology, managed services, and compliance capabilities with OS HRS' established payroll operations and regional delivery expertise. The combined organisation will provide:
  • Deep local compliance expertise backed by in-country specialists
  • HR technology and enterprise platform integration
  • Faster regional payroll implementations
  • Native-language support and responsive customer service
Integration will be carried out in a phased manner to ensure seamless continuity for customers, employees, and partners while creating new opportunities for innovation and regional growth.

About AscentHR: AscentHR is a leading provider of Human Capital Management, Payroll, Compliance, and Workforce Solutions, helping organisations simplify workforce management through technology-enabled products and managed services.

About OS HRS: OS HRS is an APAC-focused payroll outsourcing provider delivering end-to-end managed payroll services across multiple countries through its regional delivery hubs in Malaysia, Japan, and India.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260704448469/en/ 

Contact

Media Relation Contact
Shashank Sethi - +91-9958196997, shashank.sethi@ihorizoncommunications.com 

Source : AscentHR

--BERNAMA 

EIG'S MIDOCEAN SECURES US$1.13 BLN INVESTMENT FROM PRIVATE DEPARTMENT

Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG


KUALA LUMPUR, July 8 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced that its liquefied natural gas (LNG) company, MidOcean Energy (MidOcean), has secured a US$1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan (Private Department). (US$1=RM4.07)

The Private Department also established a strategic partnership with EIG, focusing on capital aggregation, investment origination and the development of institutional investment opportunities in the United Arab Emirates and selected regional markets.

EIG in a statement said the investment marks the Private Department's entry into the global LNG sector and the beginning of a broader strategic relationship with the company.

Through the partnership, both parties intend to collaborate on future investment opportunities across the energy and related infrastructure sectors.

“We are pleased to establish a strategic partnership with the Private Department. This relationship combines EIG's global energy investment expertise with the Private Department's regional reach, institutional relationships, and long-term investment perspective.

“We believe this creates a powerful platform for capital formation and investment across the region,” said MidOcean Chairman and EIG Chief Executive Officer, R. Blair Thomas.

The investment further strengthens MidOcean's institutional shareholder base and reflects continued confidence in its strategy to build a diversified, resilient and long-life global LNG platform.

Formed and managed by EIG, MidOcean has assembled a portfolio of LNG interests across key global markets, including Canada, Australia and Latin America, and aims to further expand its global footprint through a disciplined, value-driven investment approach.

-- BERNAMA

LYB, MONDELEZ TURN PLASTIC WASTE INTO CHOCOLATE WRAPPERS

KUALA LUMPUR, July 8 (Bernama) -- Global chemical company, LyondellBasell (LYB) has introduced an innovative flexible packaging solution for Marabou chocolate bars, developed in collaboration with Mondelez International, Amcor, Taghleef Industries and other industry players.

Using LYB CirculenRevive polymers with 100 per cent attributed recycled content through an ISCC PLUS-certified mass balance approach, Mondelez is now able to offer packaging made from 75 per cent recycled content.

According to LYB in a statement, the solution helps transform hard-to-recycle post-consumer mixed plastic waste into high-quality materials suitable for food packaging.

“Our collaboration with Mondelez illustrates our shared vision for the future and highlights our ability to provide innovative, high-quality circular solutions tailored to demanding specifications.

“We are committed to making circular and low-carbon solutions work for businesses while creating solutions for everyday sustainable living,” said LYB executive vice president, Sustainable Solutions and Technology Business, Yvonne van der Laan.

As part of its circular solutions strategy, LYB plans to supply future polymers for Marabou packaging through MoReTec-1, its first commercial-scale catalytic chemical recycling plant under construction in Wesseling, Germany.

Once operational, the facility will strengthen access to circular feedstock within LYB's integrated ecosystem, connecting advanced sorting and recycling infrastructure with the company's existing crackers and polymerisation assets.

MoReTec-1 is designed to produce 50,000 metric tonnes of feedstock annually for use in LYB's existing production units, enabling the manufacture of recycled polymers.

The collaboration brings together companies across the packaging value chain, with LYB supplying the circular polymers, Taghleef Industries producing the base film, and Amcor converting the material into the final flexible packaging solution for Mondelez.

LYB said the initiative reflects growing demand from brand owners for high-performance circular polymers that support recycled-content targets while meeting the quality requirements for flexible food packaging.

-- BERNAMA

Tuesday, 7 July 2026

PROXIMA FUSION SECURES 411 MLN EUROS TO ADVANCE FUSION POWER

KUALA LUMPUR, July 7 (Bernama) -- Proxima Fusion has raised 411 million euros (US$468 million) in a financing round, valuing the company at 2.4 billion euros (US$2.7 billion) and making it Europe's best-funded fusion energy company. (US$1=RM4.08)

The financing round was led by XTX Ventures and East X Ventures, with German energy company RWE and Google participating as strategic investors.

According to Proxima Fusion, the funding will support the construction of Alpha, its net-energy stellarator demonstrator near Munich, Germany, and accelerate the development of technologies required for commercial fusion power plants.

Proxima Fusion co-founder and chief executive officer, Dr Francesco Sciortino said the investment demonstrates growing confidence in Europe's ability to develop globally competitive fusion technology companies.

“Investors recognise both the urgency and the opportunity of what we are doing and are backing us to develop a generational energy technology company,” he said in a statement.

The company said Alpha is being developed in partnership with the State of Bavaria, the Max Planck Institute for Plasma Physics and RWE to validate key technologies for future fusion power plants.

Proxima Fusion said the new funding will also support the completion of its Stellarator Model Coil, expansion of high-temperature superconducting cable and magnet production, and recruitment across engineering, manufacturing and operations.

-- BERNAMA

HELICAL FUSION, HAZAMA ANDO PARTNER ON FUSION PILOT PLANT

KUALA LUMPUR, July 6 (Bernama) -- Helical Fusion Co Ltd (Helical Fusion) and Hazama Ando Corporation (Hazama Ando) have signed a memorandum of understanding (MoU) to collaborate on the future construction of Helix KANATA, Helical Fusion’s fusion pilot plant targeted for the 2030s.

The partnership also sees Hazama Ando joining the Helix Program as an Official Partner, strengthening the industrial and construction capabilities supporting Helical Fusion’s commercial fusion energy initiative.

Helical Fusion said the Helix Program, launched in April 2026, is designed to accelerate the development of commercially viable fusion power plants by bringing together industrial and engineering partners.

Helical Fusion Co-founder and Chief Executive Officer, Takaya Taguchi said the programme aims to deliver a new long-term energy source capable of sustaining future generations.

“The goal of the Helix Program is not only to realise commercial fusion power, but also to bring humanity a new source of energy that can sustain civilisation for generations to come,” he said in a statement.

Meanwhile, Hazama Ando Representative Director and President, Kazuhiko Kuniya said the company would contribute its experience in power and energy infrastructure projects to support the development of fusion energy facilities.

Under the MoU, the two companies will study construction requirements and project execution approaches for future fusion energy facilities, including Helix KANATA and Helix HARUKA, an integrated demonstration device.

Founded in Japan, Helical Fusion is developing fusion power plants based on the Helical Stellarator approach, a magnetic-confinement fusion concept backed by decades of research at Japanese universities and public research institutions.

-- BERNAMA

Friday, 3 July 2026

8X8 BAGS 2026 METRISTAR TOP PROVIDER FOR CPAAS BY METRIGY

KUALA LUMPUR, July 3 (Bernama) -- Global business communications platform provider, 8x8 Inc has been named a 2026 MetriStar Top Provider for Communications Platform as a Service (CPaaS) by Metrigy, an independent research and advisory firm.

The CPaaS recognition is part of a broader result in Metrigy’s 2026 MetriStar Award programme, with 8x8 also receiving the MetriStar Top Provider recognition for Contact Center as a Service (CCaaS).

“Most of the companies we work with are not just looking for a messaging API; they need the whole chain: campaign management, AI, analytics, and a contact centre that talks to all of it.

“This recognition from Metrigy validates our approach helping organisations improve customer satisfaction, drive growth, and simplify operations at scale,” said 8x8 General Manager, CPaaS, Sylvain Chaperon in a statement.

The awards are based on Metrigy’s Customer Experience MetriCast 2026 study, which surveyed 1,437 customer experience (CX) leaders across 10 countries in North America, Europe and Asia-Pacific.

8x8 achieved above-average scores on both business success and customer sentiment, with particular strength in CSAT improvement, revenue growth, platform reliability, and no-code/low-code application quality.

Metrigy highlighted 8x8's integrated communications portfolio as a key differentiator, noting that the company is among a small number of vendors offering CPaaS, CCaaS, and Unified Communications as a Service (UCaaS) within a single platform.

The research also highlighted 8x8's approach to treating CPaaS not as a standalone developer toolkit but as a programmable layer across the CX stack, expanding customer engagement capabilities beyond the contact centre to sales, field service, and frontline teams.

-- BERNAMA

From Crypto to Gold: UEX Launches First Cross-Asset Trading Tournament

VICTORIA, Seychelles, July 2 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has launched the UEX Futures League, a new trading competition that brings crypto and traditional financial markets into a single competitive format. Spanning two months and two asset classes, the league creates a unified pathway from online qualification to the UEX Global Alpha Tournament (GAT), an invitation-only live championship event.

Most trading competitions today focus on a single market, whether crypto, forex, or CFDs. Yet trading itself has become increasingly cross-asset, with traders moving between cryptocurrencies, commodities, indices, and currencies as opportunities emerge. The UEX Futures League is built around that reality, allowing participants to compete across multiple markets through one account, one competition structure, and one route to the finals.

The competition begins with a Crypto Futures stage running from June 1 to June 30, followed by a CFD stage from July 1 to July 31. Each stage features a prize pool of 120,000 USDT and uses a captain-led team format where participants compete on ROI while representing their teams. The top eight teams from each stage will qualify for the UEX Global Alpha Tournament.

“Trading has always been competitive, but it's also one of the most social parts of our industry,” said Gracy Chen, CEO of Bitget. “The UEX Futures League brings those elements together by turning trading into a team experience where users can collaborate and represent their communities. By bringing crypto and traditional markets into a single competition, we're creating something that's not just about performance, but about the people and connection that make trading so engaging.”

The UEX Global Alpha Tournament will bring together 16 qualifying teams, each represented by their top three traders, for an all-expenses-paid trip to a secret destination. Teams will compete in a series of live trading rounds for a grand prize, transforming online performance into a live championship experience. By combining crypto, CFDs, team-based competition, and live finals, UEX introduces a new format that draws inspiration from esports while reflecting how modern traders increasingly operate across multiple asset classes.

The league serves as a practical showcase of UEX's broader vision, where crypto, commodities, foreign exchange products, indices, and other global markets exist within a unified trading environment. Rather than introducing users to these markets through tutorials or demonstrations, the competition allows participants to explore them through real trading activity and competition.

Registration for the UEX Futures League is now open. For more information, visit here.

About Bitget

Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c91833b3-bb6a-4337-9b00-56f5bd5cbd2a 

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM
are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Wednesday, 1 July 2026

NINE FUNDS EARN PERFECT SCORES IN GLOBAL SWF GSR SCOREBOARD

KUALA LUMPUR, July 1 (Bernama) -- Global SWF has published the seventh edition of its Governance, Sustainability, and Resilience (GSR) Scoreboard, with nine institutions achieving perfect scores in the 2026 assessment of state-owned investors.

“We are very satisfied with the increasing response and accountability of sovereign investors, which recognise the importance of adopting best practices and embracing change and evolution.

“This year, the nine perfect scorers from around the world demonstrated robustness and hardiness in the context of geopolitical uncertainty and market volatility,” said Global SWF Founder and Managing Director, Diego López in a statement.

The annual assessment covers the world's 200 largest sovereign wealth funds and public pension funds, which manage US$34.0 trillion on behalf of 76 countries, and is based on 25 governance, sustainability and resilience indicators using publicly available information. (US$1=RM4.07)

This year's edition introduced three revised indicators to reflect the growing importance of relative financial performance, carbon emissions reporting, and the adoption of and investment in artificial intelligence (AI).

On a like-for-like basis, the average GSR score across the 200 funds edged up to 60 per cent, with sustainability and resilience scores improving while governance, including transparency, remained unchanged.

Governments worldwide, including those in deficit economies, continue to establish new strategic investment vehicles, underscoring the importance of promoting industry best practices and strong institutional role models.

Nearly two-thirds of the assessed funds have adopted or invested in AI, with half reporting their first AI-related initiatives during the past 12 months. Institutions in Oceania recorded the strongest performance, followed by Europe and North America, while Asian funds scored just above the overall threshold.

Global SWF is an industry specialist that promotes greater understanding of state-owned investors through its data platform, research reports, consulting services, executive education programmes and industry events.

-- BERNAMA

ATON LAUNCHES AI-POWERED FAMILY SAFETY PLATFORM AMID BULLYING CONCERNS

KUALA LUMPUR, July 1 (Bernama) -- ATON Inc has launched FamGuard, an artificial intelligence (AI)-powered family safety platform designed to help parents monitor children's digital activities and identify potential signs of online risks, as concerns over school bullying and cyberbullying continue to grow in Singapore.

The launch comes amid heightened public attention to child safety following the widely reported Sengkang Green Primary School bullying case, which sparked broader discussions on student protection and the early identification of behavioural warning signs.

ATON said FamGuard combines real-time location tracking with AI-powered Conversation Insights and Friend Scoring to help parents better understand changes in their children's communication patterns and social interactions, enabling earlier conversations when unusual behaviour is detected.

“Technology cannot replace parents, but it can help families stay connected earlier and start conversations sooner,” an ATON representative said in a statement.

The platform also offers parental control features, including Screen Time Management, App Usage Monitoring and App Controls, to help families encourage healthier digital habits and oversee smartphone usage.

The company said growing use of messaging applications, social media and online group interactions has broadened expectations for family safety services beyond location tracking to include greater visibility into children's digital environments and behavioural patterns.

The launch follows research indicating that one in four upper primary school students in Singapore has experienced bullying, while many parents remain concerned about children's exposure to cyberbullying and other online risks.

ATON said FamGuard was developed to support families seeking additional tools to strengthen digital safety while complementing parental engagement and communication.

-- BERNAMA

Tuesday, 30 June 2026

CIRCEUS LAUNCHES WITH EBRD EQUITY INVESTMENT

KUALA LUMPUR, June 30 (Bernama) -- Circeus, an artificial intelligence (AI)-native holding company, has launched with an equity investment from the European Bank for Reconstruction and Development (EBRD), alongside participation from other investors.

According to a statement, the launch introduces Circeus as the group's holding company brand, reflecting the broader business-to-business (B2B) software portfolio with AI embedded across its operations.

The investment will help expand its central AI engineering capability and support future acquisitions. The group has completed 18 acquisitions over the past four years and serves more than 200,000 businesses worldwide.

“As AI evolves software from passive tools into systems that act and execute, the addressable market for technology is expanding several-fold. We are building the platform to capture this shift.

“We were not running a fundraising process, as we are profitable and well capitalised, but we chose to make space for EBRD given their institutional standing and to lean further into a market that presents several attractive opportunities,” said Circeus Founder and Chief Executive Officer, Luca Cartechini.

Meanwhile, EBRD investor Bruno Lusic said the bank is backing Circeus as it brings AI to mission-critical software, adding that the company's long-term growth model aligns with the EBRD's investment mandate.

Circeus grows through a repeatable acquisition model, acquiring software businesses and integrating them into a central AI capability that embeds AI into products, automates operations, and reuses infrastructure, data, and insights across its portfolio.

The company said founders who sell their businesses to Circeus retain their brands, teams, and customer relationships while gaining access to the group's AI engineering, growth expertise, and centralised back-office support.

Looking ahead, Circeus aims to accelerate AI adoption by embedding advanced AI capabilities into the mission-critical software used by businesses across multiple industries.

-- BERNAMA

Monday, 29 June 2026

MAVENIR WINS DEUTSCHE TELEKOM'S PARTNER AWARD FOR NETWORK INNOVATION

KUALA LUMPUR, June 29 (Bernama) -- Mavenir, the software company building cloud-native, artificial intelligence (AI)-by-design mobile networks, has won the Deutsche Telekom Partner of the Year Award for Best Network Innovation.

The recognition underscores Mavenir’s pivotal role in the Most Energy Efficient Core (MeeC) initiative, a flagship collaboration with Deutsche Telekom built on its Horizontal TelCo Cloud, the company’s own cloud architecture and a blueprint for the telecommunications industry.

According to Mavenir in a statement, MeeC has redefined energy efficiency in 5G Core networks, delivering up to a 65 per cent reduction in energy consumption during low-traffic periods while maintaining uncompromised performance and service quality.

“Winning Deutsche Telekom's Partner Award is a tremendous honour for the entire Mavenir team. MeeC is a compelling demonstration of what becomes possible when cloud-native architecture, AI-driven automation, and genuine partnership combine.

“Sustainable networks are not a future ambition - they are an operational reality, and we are proud to have helped Deutsche Telekom prove that at scale,” said Mavenir Chief Executive Officer, Pardeep Kohli.

Launched in 2025, MeeC applies advanced AI-driven traffic analysis and predictive workload optimisation to identify and eliminate energy waste across 5G Core functions without compromising network performance or service quality.

The project demonstrated that significant energy reductions are achievable at a commercial scale in live network environments. Its key achievements include AI-powered traffic prediction and real-time scaling, dynamic workload consolidation across cloud-native functions, and proven deployment in a live Tier-1 production network.

Presented by Deutsche Telekom's senior leadership at the Telekom Campus Fair 2026, the Telekom Partner Awards recognise outstanding contributions by the company's partners in network technology, operations and sustainability.

-- BERNAMA

Saturday, 27 June 2026

Shell unveils its Triple 10 Challenge Concept Car

Co-engineered vehicle uses innovative thermal management fluid to enable faster charging, greater efficiency and lower lifecycle emissions 


LONDON, June 24 (Bernama-GLOBE NEWSWIRE) --
Shell has today unveiled its Triple 10 Challenge concept car, a ground-breaking proof-of-concept vehicle designed to inspire a new design philosophy for the next generation of battery electric vehicles (EVs). 

This compact, mass-market EV demonstrates next-generation electric vehicle capability, and offers the industry an alternative to the current reliance on ever-larger batteries by re-imagining the fundamentals of thermal management. 

A New Benchmark for Efficiency 

The vehicle meets three ambitious goals that Shell believes can help drive the future of mass-market electric mobility:
  • Charge Faster - a sub 10-minute charge time
  • Go Further - 10-km/kWh economy,
  • Drive Cleaner - a life cycle 10-tonne CO2e footprint
The Triple 10 Challenge is the first road-worthy vehicle to have successfully demonstrated the potential of a simplified, single-circuit cooling architecture to efficiently manage the thermal load of the car’s entire powertrain, even under the most extreme fast-charging scenario in real-world conditions. 

Cara Tredget, VP Mobility & Lubricants Technology for Shell, said:
“With the Triple 10 Challenge concept car, we have unlocked the potential for faster charging, lighter systems and improved lifecycle efficiency by using our advanced thermal fluids. Together with our co-engineering partners, we are proud to develop alternative options for sustainable EV development leveraging technologies that are available today and are scalable to support customers into the future”

The Shell Triple 10 Challenge Concept car has been designed to achieve 10 km/kWh in driving economy with a smaller, more efficient battery system, adding over 30% improvement in overall energy efficiency compared to many current-generation EVs, enabled by Shell’s advanced thermal fluids that provide optimal thermal management. 

The Triple 10 Challenge vehicle is able to charge the battery from 10% to 80% charge in 9 minutes 54 seconds, without compromise to thermal stability or lifespan. While some EVs in market today can charge in under 10 minutes, this requires using an ultra-fast charger in excess of 300kW, which is uncommon on the public charging network. However, the Triple 10 Challenge vehicle is able to attain this on the existing charging network infrastructure using a standard 175kW charger, adding 24km/minute range, compared to typical BEVs at an average 13km/minute range on the same charger – equivalent to almost 90% more range added per minute of charge. 

The Triple 10 Challenge concept car is estimated to have a lifecycle carbon footprint of approximately 10 tonnes CO2e1. Enabled by its lightweight design, optimized battery capacity, low-carbon and recyclable materials, together with 100% renewable electricity for vehicle charging, this is estimated to represent around a 50% reduction in lifecycle emissions compared to typical battery electric vehicles in the European market2

The Technology: Immersive Thermal Management 

The key to the Triple 10 Challenge car’s performance is Shell Recharge thermal fluid. Unlike traditional cooling systems that use water-glycol, Shell’s dielectric fluid allows for direct immersion cooling of the battery and powertrain components including the motor and power electronics. By redefining heat management across the battery and powertrain, the team has unlocked the potential for faster charging, lighter systems and improved lifecycle efficiency – using technologies that exist and can scale today, as we look to leading in this space in our business tomorrow. 

Unveiled at HORIBA MIRA’s proving ground, the concept car is the culmination of Shell’s Triple 10 Challenge. By incorporating a more compact and efficient battery pack design with fewer modules and using Shell’s advanced thermal fluid, enabling a simplified housing architecture, these improvements contribute to about a 25% reduction in overall battery pack cost compared to a conventional EV. 

Furthermore, Shell today announced the integration of Shell’s full EV capabilities together under Shell Recharge – from charging, to fluids, to battery solutions, to create a stronger, single end-to-end offer for both B2B and B2C EV customers. As part of this, the Shell EV-Plus brand will be retired. 

Notes to editors 

About the Triple 10 Challenge partners 

The Shell Triple 10 Challenge Concept Car is a demonstration of the potential of immersive fluid technology and a showcase of British co-engineering excellence. Shell worked alongside leading automotive pioneers to integrate the Shell Recharge thermal fluid and maximise the performance of the car. Partners included:
  • RML: Spearheaded the battery pack architecture and high-performance integration. RML’s engineering utilised Shell’s dielectric fluid to strip out the heavy, complex piping required by traditional water-glycol systems, successfully shrinking the pack and reducing overall vehicle mass.
     
  • Empel Systems: Developed the advanced electric motor and drive units. By leveraging the highly efficient single-circuit immersive cooling, Empel was able to significantly downsize the motors while maintaining exceptional power density and contributing to the 10-km/kWh efficiency target.
     
  • HORIBA MIRA: Conducted world-class vehicle integration, testing and validation. Utilising their state-of-the-art VTEOS (Vehicle Thermal and Electrical Optimisation System) rig, HORIBA MIRA validated the single-fluid architecture's efficacy, subjecting the system to simulated extreme global weather conditions – proving its backwards compatibility with standard radiators.
     
Shell’s Heritage in Ultra-Efficient Vehicle Innovation 

The Shell Triple 10 Challenge Concept Car is the latest in Shell’s rich heritage of developing and advancing ultra-efficient vehicle concepts. Shell’s track record includes Project M, developed in 2016 as an ultra-efficient city car concept focused on addressing the challenges of mass mobility. In commercial transport, Shell’s Starship programme has continued to push the boundaries of freight efficiency since 2018 through successive generations of highly fuel-efficient Class 8 trucks. Most recently, Shell partnered with China’s largest truck manufacturer, FAW, to equip the latest Starship vehicle with an advanced hybrid battery incorporating Shell’s immersive thermal cooling fluid. Shell’s pioneering legacy of efficient mobility innovation extends back to the Shell Eco-marathon, which for more than four decades has provided a global platform for students to design, build and test some of the world’s most energy-efficient vehicles.

Cautionary Note 

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this [report] “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this [report] refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. 

Forward-Looking statements 

This [report] contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ‘‘anticipate’’; “aspire”, “aspiration”, ‘‘believe’’; “commit”; “commitment”; ‘‘could’’; “desire”; ‘‘estimate’’; ‘‘expect’’; ‘‘goals’’; ‘‘intend’’; ‘‘may’’; “milestones”; ‘‘objectives’’; ‘‘outlook’’; ‘‘plan’’; ‘‘probably’’; ‘‘project’’; ‘‘risks’’; “schedule”; ‘‘seek’’; ‘‘should’’; ‘‘target’’; “vision”; ‘‘will’’; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this [report], including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this [report] are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2025 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this [report] and should be considered by the reader. Each forward-looking statement speaks only as of the date of this [report], [insert date]. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this [report]. 

Shell’s net carbon intensity 

Also, in this [report] we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries. 

Shell’s net-zero emissions target 

Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our combined Scope 1 and 2 target, NCI target and our oil products ambition over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target. 

Forward-Looking non-GAAP measures 

This [report] may contain certain forward-looking non-GAAP measures such as [free cash flow] and [underlying operating expenses]. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements. 

The contents of websites referred to in this [report] do not form part of this [report].

We may have used certain terms, such as resources, in this [report] that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.
____________________________
1 The Triple 10 Challenge concept vehicle has been developed to demonstrate what is technically achievable under optimized conditions. These conditions include the use of 100% renewable electricity vehicle charging over the 200,000 km lifetime of the vehicle via the Shell Recharge network in the UK, powered by certified renewable electricity. The results are derived from a Shell internal life cycle assessment in line with ISO 14040 &14044 standards drawing on emission factor data from component suppliers and manufacturers, recognized LCA databases and literature publications. Actual results may vary under real-world conditions.
2 The indicated reduction in lifecycle greenhouse gas emissions relative to typical battery electric vehicles is based on a comparison with a published life cycle assessment study conducted by Ricardo in 2023 for the European Commission and assuming the same vehicle lifetime of 200,000 km. Differences in underlying methodological assumptions and vehicle specifications (including vehicle size and battery capacity), as well as use-phase conditions mean that the emissions reduction should be regarded as indicative only. Actual outcomes may vary in real-world applications. 

Contact details:
Ben Hibbert, VCCP Roar, E: ben.hibbert@vccproar.com; MN: +447794413044
James Ralph, VCCP Roar, E: James.Ralph@vccproar.com; MN: +447889002305 

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/3e3bf8d9-236c-4645-9a71-40d8feb17d7c

https://www.globenewswire.com/NewsRoom/AttachmentNg/4de55b2c-15ba-4626-9d74-f95f4c34eb25

Videos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/151be6fb-5b16-465d-9846-24d6acff344d 

https://www.globenewswire.com/NewsRoom/AttachmentNg/20f400a5-e590-4ff6-aa64-4f80cfb92e76

https://www.globenewswire.com/NewsRoom/AttachmentNg/46de8f88-f321-4ff7-8503-dcd8e0652616 

https://www.globenewswire.com/NewsRoom/AttachmentNg/cd437471-6389-480a-8726-52cd398420c1 

SOURCE: Shell Lubricants

--BERNAMA

Thursday, 25 June 2026

Bitget Upgrades CFD Copy Trading With Personalized Risk Controls

VICTORIA, Seychelles, June 25 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has introduced major upgrades to its CFD Copy Trading system, giving followers greater control over risk management through new position sizing models, independent take-profit and stop-loss settings, and advanced exposure controls.

Copy trading has become one of the most popular ways for users to participate in financial markets, allowing traders to replicate the strategies of experienced market participants. However, as adoption has grown, many users have encountered challenges associated with traditional copy trading models, particularly when differences in risk tolerance and trading style create unintended exposure.

To address these concerns, Bitget’s latest upgrade introduces two new position sizing models. Under Fixed Ratio mode, position sizes are automatically adjusted according to the relative account equity of the follower and the trader being copied, reducing the risks associated with capital mismatches. Fixed Lot mode allows followers to define a predetermined position size for every copied trade, giving users more direct control over their exposure regardless of the trader’s order size.

The update also introduces independent take-profit and stop-loss settings for followers, allowing users to establish personal risk thresholds separate from those of the trader they follow. Once a predefined profit or loss level is reached, positions can be automatically closed based on the follower’s individual settings. Additional controls, including maximum copy lot limits and custom lot multipliers, provide further flexibility for both new and experienced users.

“Copy trading does mean giving up control of your account,” said Gracy Chen, CEO of Bitget. “As users become more sophisticated, they want the ability to benefit from experienced traders while managing risk according to their own objectives. This upgrade shifts copy trading from simple strategy replication toward a more personalized and controlled trading experience.”

The enhancements were developed in response to user feedback and reflect a broader industry shift toward more flexible risk management tools. As traders increasingly participate across crypto and traditional financial markets, demand continues to grow for products that balance accessibility with greater control over capital allocation and risk exposure.

The launch follows Bitget’s continued expansion of its CFD offering within the Universal Exchange ecosystem, which brings together crypto, stocks, commodities, foreign exchange products, and derivatives through a unified trading environment. Earlier this month, Bitget was recognized as the “Best Global Multi-Asset Trading Platform” at the Online Trading Expo, marking the company’s first award in the CFD sector and reflecting growing industry recognition of its multi-asset trading strategy. By strengthening risk management capabilities within copy trading, Bitget continues enhancing the tools and infrastructure available to traders participating across global markets.

For more information, visit here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/358c49ac-5ffa-43e6-9ee7-357f2d796ba1

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA