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Registration is open for Project Finance & Project Financial Modelling Online Masterclass

indie
3 minutes

Singapore, Feb 15, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has launched the Project Finance & Project Financial Modelling online masterclass and it will be commencing live on 9th May 2023. Today's project finance (PF) transactions require a higher level of expertise not only in programming more sophisticated and flexible financial models, but also in incorporating the latest risk mitigation and credit enhancement instruments. While higher standards of Environmental, Social, and Governance (ESG) impact management are being demanded of all major capital projects worldwide, more options and models for ESG mitigation, insurance, guarantee products, and financing instruments are now available. This online course covers both the latest PF strategies, risk mitigation instruments, as well as financial modelling best practices. The objective of this course is to provide participants with an enhanced understanding of the practical & documentation requirements of all interested parties to today's PF transaction. This programme provides participants with proven PF ...

ACN Newswire
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SCIB Terminates Indonesian Project

indie
2 minutes

KUCHING, MALAYSIA, Feb 14, 2023 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company's wholly-owned subsidiary, SCIB International (Labuan) Ltd. (SCIBILL), has issued a notice of termination to PT Cipta Multi Sarana (PTCMS) for the proposed engineering, procurement, construction and commissioning (EPCC) project involving earthworks for the Prabumulih-Muara Enim tolled road located in Sumatera, Indonesia valued at RM55.59 million.Group MD and CEO of SCIB, Encik Rosland bin OthmanSCIBILL, which accepted a letter of award for the EPCC project on 18 August 2020 from PTCMS, has decided to take the necessary measures to protect its interests following the lack of progress in the project arising from uncertainties related to the COVID-19 pandemic and in view of the initiatives being taken to review and update SCIB's order book records.SCIBILL and PTCMS have mutually agreed to terminate the contract and unconditionally release and indefinitely discharge both parties from all claims, liens and obligations of every nature arising out of or in connection with the performance of the works and all amendm...

ACN Newswire
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Infocus International Brings Back Renewable Energy Project Finance & Financial Modelling Masterclass

indie
3 minutes

Singapore, Feb 10, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group is bringing back the Renewable Energy Project Finance & Financial Modelling online masterclass and it will be commencing live on the 7th March 2023. The objective of this course is to provide participants with an enhanced understanding of the financial modelling and key documentation requirements of all interested parties to today's RE PF transactions. This programme provides you with proven PF modelling techniques and transaction management techniques which will enable you to quantitatively assess risks, resolve constraints, and reach project financial closure. The practical models for wind, solar, hydro, biomass, and geothermal PF models will be demonstrated through a series of real case examples of projects and transactions from Southeast Asia, South Asia, the Middle East, Europe, and North America.A past participant from Ib Vogt shared that, "The trainer has in-depth knowledge in the subject. This discussion is very good especially most participants are seasoned players with the industry."Another past participant from Electricity Generating Authority of Thailand mentioned that, "This co...

ACN Newswire
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Drilling at Congress Gold Mine Project Returns as high as 14.9 g/t Gold over 1.5m

indie
5 minutes

Vancouver, BC, Feb 1, 2023 - (ACN Newswire via SEAPRWire.com) - Casa Minerals Inc. (TSX: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the "Company" or "Casa") is pleased to announce the assay results of the initial exploration at its Congress Gold Mine Project in Yavapai county, Arizona, USA. Casa's work included compilation of historic data and drilling of ten holes with total length 6,828ft HQ Diameter. Results of the field program exceeded expectations, with all the drill holes intersecting the Niagara and Congress Veins extensions on the property and yielded several noteworthy gold intercepts and long intervals of strong gold enrichment.Figure 1: Congress Gold Mine Project compilation mapFigure 2: Congress Gold Mine Project - Section 2 - 2'Figure 3: Congress Gold Mine Project - Section 5 - 5'The highest gold intercepted in phase one, 2022 drilling campaign:- CCG-004 14.9 g/t over 1.5 meters, as part of a larger intercept of 3.5 g/t over 10.7 meters- CCG-004 9.3 g/t over 3 meters.Three distinct areas of gold potential have been identified, two of which were revealed by previous drilling and one is newly discovered, and named for convenience, Congress z1, z2 and z3, respectively. These re...

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SCIB Enforces Rights to Withdraw from Project

indie
2 minutes

KUCHING, MALAYSIA, Jan 27, 2023 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company has issued a letter of withdrawal to Kencana Healthcare Sdn. Bhd. (KHSB) for the proposed engineering, procurement, construction and commissioning (EPCC) contracts involving a specialist hospital project located in Johor Bahru.Group MD and CEO of SCIB, Encik Rosland bin OthmanSCIB had accepted a letter of award from KHSB dated 13 August 2021 for EPCC contracts involving the capital equipment procurement as well as the leasing concession for the procurement, supply, installation, testing and commissioning of medical equipment. SCIB and KHSB have mutually agreed to the Company withdrawing from the project.As part of the withdrawal from the project, KHSB will reimburse under a settlement agreement, the commitment fee amounting to RM1.65 million that SCIB had paid out in two tranches. The withdrawal from the contracts will not have any material effect on the gearing, earnings per share and net assets of the Company for the financial year ending 30 June 2023.Group Managing Director of SCIB, Encik Rosland bin Othm...

ACN Newswire
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Lion One Secures US$37 Million Financing Facility from Nebari

indie
5 minutes

North Vancouver, BC, Jan 20, 2023 - (ACN Newswire via SEAPRWire.com) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has entered into a facility agreement with Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP (each as Lender and collectively, "Nebari"), with Nebari Collateral Agent, LLC as collateral agent and certain Lion One subsidiaries as guarantors, for a Financing Facility of up to US$37M (the "Financing Facility"). Proceeds from the Financing Facility will accelerate project construction and development at the Company's 100% owned and fully permitted high-grade Tuvatu Alkaline Gold Project in Fiji. Lion One expects first production to be achieved by December 2023.Financing Facility (All figures in USD): The Financing Facility consists of a US$35 million senior secured first lien term loan (the "Loan Facility") and a US$2 million (CAD$2.7 million) equity investment ("the Equity Investment") in common shares of Lion One.Loan Facility: The total amount of the Loan Facility will be funded in up to three tranches, with US$23M to be funded ...

ACN Newswire
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Green Power Energy’s 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar

indie
3 minutes

Mandalay, Myanmar, Dec 30, 2022 - (ACN Newswire via SEAPRWire.com) - Myanmar's latest solar energy plant, the 20 megawatt (MW) build-own-operate (BOO) Taungdaw Gwin project, has been officially opened, adding a new chapter to the country's sustainability and electrification efforts, its developer announced today. The 20-megawatt Taungdaw Gwin mega-scale solar PV project will contribute to Myanmar's sustainability and electrification efforts. [Image: GPE]The project was developed by Green Power Energy Company Limited (GPE), a subsidiary of Gold Energy Company Limited (GE), a leading renewable energy developer in Myanmar.Taungdaw Gwin is the second mega-scale solar project to be completed by the GE group. Clean Power Energy Limited, another GE subsidiary, completed the 30 MW Thapyay Wa project in Mandalay district in December 2021.With the official opening of the Taungdaw Gwin project, GE's solar energy capacity stands at 50 MW. GE also operates the 120 MW Thaukyegat (2) Hydropower Project (TYG), commissioned in 2013.Located on an 80.9-hectare site southeast of Kyaukse, Myit Thar Township, the Taungdaw Gwin project utilizes a solar tracking system so as to maximize photovoltaic (PV) ...

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UREEQA partners i-Create to validate new NFT collection Joe Ravioli

indie
6 minutes

ONTARIO, CA, Dec 10, 2022 - (ACN Newswire via SEAPRWire.com) - The founders of i-Create LLC are excited to announce the launch of their NFT project Joe Ravioli. This innovative and unique NFT collection tells a creative and fun story for buyers of any age. With the entire collection being validated by UREEQA, buyers will receive a cool piece of digital art, commercial rights, monetization opportunities, IRL (in real life) merchandising opportunities and more, while also supporting a philanthropic cause to fight hunger in America. "Joe Ravioli has been such an exciting project for us to develop, as 3rd generation Italian brothers with a love of mob related movies and Italian food and cooking, and having always focused on unique art, pun-filled humor and fun thrown into our character IP projects. Joe Ravioli started positioning itself with licensed IRL items, a strong new metaverse animation collaboration, POD commerce integration, and a non-profit organization we hold dear. Now was the time where we wanted to create a brand in and of its own, where everyone from partnered collaborations to NFT holders and collectors will enjoy its long-term plan for growth, and of course it's amazin...

SeaPRwire
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MOU between playNomm and Superchief for a collaboration in South Korea

pandora
3 minutes

Seoul, Korea, December 07, 2022 – (SEAPRWire) – NFT marketplace 2.0 playNomm and Superchief Gallery NFT signed a Memorandum of Understanding (MOU) to hold a collaboration project in South Korea. Source: Superchief gallery The NFT marketplace 2.0 playNomm, the first platform of LeisureMetaverse project, is based on its self-developed LeisureMetaverse blockchain mainnet. Unlike other open NFT marketplaces, NFTs on playNomm not only has its artistic value but also its unique decentralized tokenomics based on an Act To Earn(A2E) model. This is why playNomm is the new game changer NFT marketplace 2.0. On October 3rd, playNomm had an early-bird sale of its first NFT project, BPS (Block People Soul), which was sold out in 2 minutes. Superchief Gallery is an independent artist-run gallery founded in 2012 by Edward Zipco & Bill Dunleavy in Brooklyn, NY. Superchief has a history of supporting underground artists from disparate scenes & collectives, enabling them to participate on the global stage. In 2016, Superchief opened their first digital art gallery focused entirely on digital-native artists. This was done to establish digital artwork as a legitimate voice in the art scene and ...

ACN Newswire
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Austral Gold Begins Drilling at Jaguelito in Argentina

indie
7 minutes

SYDNEY, AU, Dec 2, 2022 - (ACN Newswire via SEAPRWire.com) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ("Austral") is pleased to announce that it started its first drilling program on 30 November 2022 at the Jaguelito project located in the El Indio Belt, San Juan - Argentina, close to the Veladero mine and the Alturas project.Figure 1The drilling program is pursuant to the option agreement (the "Agreement") with Mexplort Perforaciones Mineras SA ("Mexplort") announced on 11 February 2022 whereby Austral may acquire a 50% interest in the Jaguelito project by performing the following work commitments within the next four years:- US$2 million in exploration expenditures, including drilling a minimum of 5,000 meters on Jaguelito (the "First Stage") by 10 August 2024, two years after the Agreement was approved by the Instituto Provincial de Exploraciones y Explotaciones Mineras de la Provincia de San Juan IPEEM.- US$2 million in exploration expenditures on Jaguelito within two years after completing the First Stage (the "Second Stage").Austral Gold's Chief Executive Officer, Stabro Kasaneva said: "As part of our strategic alliance with Mexplort, we are pleased to announce the start ...

ACN Newswire
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SEA Solar & Energy Storage Market is Ready to Take Off

indie
3 minutes

BANGKOK, Nov 29, 2022 - (ACN Newswire via SEAPRWire.com) - SEA's 2025 target to have 35% of total power capacity from renewable energy sources is expected to be supported by the strong solar and Energy Storage sector growth. How exactly should the quota availability be matched?Energy Box is organizing Solar Energy Storage Future SEA 2022 scheduled on December 6, 2022. The congress will invite the ASEAN government, local power companies, leading companies with the most development experience, qualifications and investment intentions in SEA, and 600+ professionals to share SEA's solar and Energy Storage project development strategies, and jointly analyze the future development of solar and Energy Storage markets. Including cutting-edge trends in its new energy market.Event details:Place: Bangkok, ThailandEvent access: www.energy-box.com/congress-sea-2022Honored Speakers (confirmed/inviting)1. Ruth P Briones,Chairman and CEO at Greenergy Solutions Inc.2. Teerasak Ne, Project Manager at EDL Gen Solar Laos3. Akarin Suwannarat,Special Assistant to CEO / EVP at Energy Absolute PCL (EA)4. Davide Pacheco,CEO Asia Pacific and Board Member at Amarenco5. Daniel Gaefke, APAC Director at BayWa r...

JCN Newswire
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Consortium of Japan partners successfully promote domestic production and cost reduction for 5G core technology, the basis for next-generation communication standards

ruth
7 minutes

TOKYO, Nov 24, 2022 - (JCN Newswire via SEAPRWire.com) - The University of Tokyo, Internet Initiative Japan (IIJ), APRESIA, and Fujitsu Limited have successfully developed Open Source Software for the Private 5G/6G Mobile System, realizing a domestically produced, low-cost 5G core network (5GC), the core technology of the 5G mobile network. The initiative was conducted by the partners as part of NEDO's Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems Feasibility Study (Contracted).Figure 1: Image of the Newly Developed 5GCFigure 2: Image of Private 5G System Commercialized by APRESIA and FujitsuFigure 3: Image of Multiple Private 5G Systems Promoted by IIJ5GC software plays a central role in controlling cell phone networks, but the need for domestic production and cost reduction represents ongoing challenges to making related technologies, like private 5G, a reality. With the development of this new technology, IIJ, APRESIA, and Fujitsu developed a practical version of 5GC based on Open Source Software with commercial-level functionality, performance, and stability based on Open Source Software. The University of Tok...

SeaPRwire
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MetaOctagon’s MOTG Token Will Be Listed on the Gate.io Exchange

pandora
2 minutes

Seoul, Korea, November 22, 2022 – (SEAPRWire) – MetaOctagon, which is developing a global complex cultural space and metaverse project based on “Club Octagon”, announces that its own token, MOTG, will be listed on Gate.io, a global cryptocurrency exchange, on November 22. Gate.io is a global Top 15 blockchain asset exchange established in 2013, with about 12 million members from 130 countries trading more than 1,500 cryptocurrencies in about 2,500 coin markets worldwide. MetaOctagon is a Web 3.0-based metaverse project that aims to recreate “Club Octagon”, which has created a global cultural space more than just a dance club and to expand MetaOctagon’s worldview and MOTG ecosystem. Metagonz is an NFT project of virtual human DJ and 3D metaverse avatar, developed and released to expand the MetaOctagon ecosystem. MOTG token is used in Gotcha Box, Item Shop, and METAPLAYER X : Moblie Dapp, which are released from the MetaOctagon worldview, including Metagonz NFT minting. If users hold Metagonz NFT, you can get lifetime free pass benefits from Metagonz affiliated clubs in Korea, including Seoul, Busan, and Daegu. In addition, tickets of Large-scale music festivals in Korea and membersh...

ACN Newswire
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Grand Ming Group Holdings Limited Announces Interim Results for the Six Months Ended 30 September 2022

indie
7 minutes

HONG KONG, Nov 12, 2022 - (ACN Newswire via SEAPRWire.com) - Grand Ming Group Holdings Limited (the "Company" and together with its subsidiaries, the "Group", stock code: 1271.HK) today announces its interim results for the six months ended 30 September 2022 ("FH 2022/23").Highlights-- Revenue amounted to HK$4.92 billion, an increase of 7.4 times from the last corresponding period.-- Profit for the period was HK$1.41 billion, representing a year-on-year increase of 19.4 times.-- Declared payment of an interim dividend of 6.0 HK cents per share.-- Stay positive toward lucrative business of owning and operating data centres via expanding portfolio of developing two new centres in near future.-- Seize opportunity to increase land reserve for property development in Hong Kong.-- Continue to execute the plan for property development in Nanning, Guangxi Province, China.The Group's consolidated revenue increased by 7.4 times from HK$586.1 million for the six months ended 30 September 2021 ("FH 2021/22") to HK$4,920.1 million for FH 2022/23. The Group recorded a net profit for FH 2022/23 was HK$1,410.2 million, representing an increase of 19.4 times when compared to that of HK$69.2 million...

SeaPRwire
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Web3 Project xSPECTAR Merges with Combat Kanga

pandora
3 minutes

New York, NY, November 11, 2022 – (SEAPRWire) – Revolutionary NFT and Metaverse platform xSPECTAR is proud to announce its merger with Combat Kanga. Teams from both projects expect the merger to enhance their technical strengths, services, and marketing networks. The merger promises to be a tremendous boon for both projects that complement and enhance each other in unique ways. Together, xSPECTAR and Combat Kanga expect to dominate the XRP Ledger (XRPL) blockchain network and become a powerhouse in the world of Web3, gaming, development and entertainment. Key targets of the merger will combine networking opportunities, technical strengths, an NFT marketplace, cross-chain capabilities, software developments, and ways to expand retail Web3 usership. These projects are now taking advantage of the XLS-20d standard that allows NFT projects to include essential aspects to their tokenomics such as minting and trading tokens. Essentially, the standard enables NFTs on the up-and-coming XRPL network, the decentralized, scalable, and sustainable public blockchain that has been built from the ground up by the community supporting Ripple. Another thing that makes XRPL unique is its use of token...

ACN Newswire
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Huatai Securities Attends the 14th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands (COP14)

indie
8 minutes

WUHAN, CHINA, Nov 9, 2022 - (ACN Newswire via SEAPRWire.com) - On November 8, The Yangtze River Conservation Forum, an important side event of the 14th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands (COP14), was held in Wuhan. The forum shared iconic cases of Yangtze River conservation, including the protection of the Yangtze River finless porpoise and the ten-year fishing ban in the river, showcased China's conservation achievements in the three decades since the country joined the Ramsar Convention on Wetlands, and introduced China's experiences in wetland and river conservation to the world. The team of "Yixin Huatai - One Yangtze River", an environmental protection project ("the Project") of Huatai Securities Co., Ltd. (stock code: 6886.HK; "the Company"), was invited to the forum and demonstrated their efforts in Yangtze River protection with project partners from Fudan University and Nanjing Hongshan Forest Zoo.In 2018, Huatai Securities launched the "Yixin Huatai - One Yangtze River" project, and began its strategic cooperation with the government, NGOs and universities to protect the biodiversity of the Yangtze River basin. In 2022...

SeaPRwire
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The EU-funded TRICK Project Will Use Quadrans Blockchain Technology for Product Traceability

pandora
5 minutes

New York, NY, October 06, 2022 – (SEAPRWire) – The Quadrans Foundation, as part of the TRICK Consortium, will provide the blockchain technology infrastructure for the new platform’s design and will use Truebit to achieve TRICK’s development goals. TRICK Project (product data traceability information management by blockchains interoperability and open circular service marketplace) was funded by the European Union’s Horizon 2020 research and innovation programme (GA 958352) with € EUR 8 million in contributions and the aim of creating a blockchain-based, standardised platform to enable textile and food companies to collect product-secured data. The project started in May 2021 with a duration of 42 months and is supported by a consortium of 32 partners from 8 EU countries and 3 extra EU-eligible countries, coordinated by Fratelli Piacenza S.pA. Italian top brand in luxury fabric manufacturing and the participation of public institutions such as ENEA, the Italian National Agency for New Technologies, Energy and Sustainable Economic Development and ADM, the Italian Customs and Monopolies Agency. Within the TRICK Consortium there is the Quadrans Foundation, a non-profit organisation unde...

SeaPRwire

EU-funded TRICK Project Will Use Quadrans Blockchain Technology for Product Traceability

aseanpr
5 minutes

New York, NY, October 05, 2022 - (SEAPRWire) - The Quadrans Foundation, as part of the TRICK Consortium, will provide the blockchain technology infrastructure for the new platform's design and will use Truebit to achieve TRICK's development goals. TRICK Project (product data traceability information management by blockchains interoperability and open circular service marketplace) was funded by the European Union's Horizon 2020 research and innovation programme (GA 958352) with € EUR 8 million in contributions and the aim of creating a blockchain-based, standardised platform to enable textile and food companies to collect product-secured data. The project started in May 2021 with a duration of 42 months and is supported by a consortium of 32 partners from 8 EU countries and 3 extra EU-eligible countries, coordinated by Fratelli Piacenza S.pA. Italian top brand in luxury fabric manufacturing and the participation of public institutions such as ENEA, the Italian National Agency for New Technologies, Energy and Sustainable Economic Development and ADM, the Italian Customs and Monopolies Agency. Within the TRICK Consortium there is the Quadrans Foundation, a non-profit organisation unde...

SeaPRwire
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Magic Club NFT Announces the Launching of the Latest Landing Page

pandora
5 minutes

The Magic Club NFT project, which focuses on actual usage of their governance token, opens a website landing page. Seoul, Korea, September 16, 2022 – (SEAPRWire) – Magic Club, NFT project promoted by the Adam Gallery Foundation in Singapore, said they opened a landing page ( magicclub.io ) on September 15 ahead of the launch of three key projects: “Magic Club NFT Marketplace”, “Magic Club NFT” and “Magic Shoes(M2E)”. Despite the Crypto Winter, the outlook for the blockchain market is still optimistic. According to the Bloomberg report, one-third of NFTs are useless and the other one-third are sold at low cost, so more than half of them eventually fail. However, at the same time, projects like Moonbirds got $280 million in transactions in just two days, surpassing a total of $477 million, showing that projects with great utility are sure to succeed. In the end, when valuable NFTs are linked with tokens with many usages, the future of the project will be bright despite the crypto winter and the bear market. Adam Gallery’s main project, Magic Club, has a philosophy that “the usage of tokens is the core of the project.” Magic Club’s representative said, “It is a key proposition of the ...

SeaPRwire
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Line Global Partner’s Introduces NTP (NFT Track Protocol) for transparent NFT Market Environment

pandora
2 minutes

Santa Clara, CA, August 24, 2022 – (SEAPRWire) – Recently, a brand-new platform project utilizing NFT content has been launched by Line Global Partner’s, a business that specializes in platform business. Line Global Partner’s created cutting-edge digital app platforms and the business demonstrated its proficiency as an app platform provider. Line Global Partner’s has announced that it will diversify into the blockchain industry in addition to its current digital app platform company and NTP (NFT Track Protocol) project, which can track, manage, and protect stored NFT content through the minting process, are going to be introduced by Line Global Partner’s. The NTP project offers high security services for the storage and transportation of NFT content through NFT contract and data collection system, mutual verification route track system, digital content movement path management and execution control system. Additionally, the NFT Marketplace (NTP-ZONE), which is guarded by the robust security mechanism offered by the NTP project, allows users to experience NFT culture more securely. For NFT creative actions within NTP-ZONE, the NTP project pays out in NTP tokens. By encouraging NFT c...