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Jeffrey C. Lim of SM Prime Holdings, Inc. Receives Eminent Leader in Asia Award at ACES Awards 2024
As a founding member, Lim has been with the company through significant milestones, including consolidating SM Group’s property units in 2013 to establish SM Prime as the Philippines’ largest property conglomerate. Since his promotion to President in 2016, he has driven an expansive, sustainability-focused strategy that has fueled the company’s growth and solidified its commitment to responsible development.
Founded in 1994, SM Prime has evolved from a mall developer into an integrated property developer, recognized for its transformative approach to sustainable urban development across Southeast Asia. This evolution from a focused mall owner to a diversified real estate leader reflects the company’s proactive response to changing market dynamics and its dedication to long-term, responsible growth.
Today, SM Prime boasts a comprehensive portfolio encompassing malls, residential properties, office spaces, hotels and convention centers. Notably, in 2017, it became the first company on the Philippine Stock Exchange to surpass the one trillion peso market capitalization threshold, setting a new benchmark in the country’s corporate landscape.
Under Lim’s management, SM Prime has become a vital contributor to economic growth in the Philippines. Its extensive mall network, which began with just four malls in 1994 and has now expanded to 87 in the Philippines and eight in China, supports over 22,000 local businesses and covers over 11 million square meters of gross floor area. Through SM Development Corporation (SMDC), the company has also developed over 184,000 residential units, addressing critical housing needs while supporting local economic development.
SM Prime has also made significant strides in the hospitality sector with 10 hotels, six convention centers and two trade halls, further stimulating tourism and creating local employment opportunities. Its developments are designed to be economically inclusive and supportive of small businesses, generating a lasting positive impact on the communities they serve.
Sustainability is deeply ingrained in SM Prime’s corporate philosophy. The company has set an ambitious target of achieving net-zero greenhouse gas emissions by 2040, aligning with global standards and partnering with WWF-Philippines to advance renewable energy adoption, energy efficiency, and sustainable construction practices. Water stewardship is another key element of SM Prime’s sustainability initiatives, with the company recycling over 4.4 million cubic meters of water in 2023.
Furthermore, a comprehensive waste management program underscores SM Prime’s dedication to environmental responsibility. In partnership with Japan-based GUUN Co. Ltd, SM Prime is developing infrastructure to enhance waste management and resource recovery, aiming to reduce landfill waste. In 2023 alone, SM Prime managed 165.7 million tonnes of waste, with significant portions recycled, reused, or composted, reflecting a commitment to a circular economy and a waste-free future.
Lim’s leadership style is characterized by a focus on collective success and employee empowerment. “Our success at SM Prime is a testament to the dedication and hard work of our entire team,” Lim shared. “This recognition from the ACES Awards reaffirms our commitment to creating spaces where people and communities can thrive.”
Lim believes that true leadership involves fostering collaboration and aligning the company’s vision with a broader purpose. His focus on well-being and inclusivity in the workplace has cultivated a culture that values each employee’s contribution and encourages growth. This has positioned SM Prime as a company where people feel empowered and motivated.
The ACES Awards, organised by MORS Group, aims to highlight industry leaders who have made significant contributions to sustainable development and business excellence across Asia. Shanggari B, President of the ACES Awards, praised SM Prime and its leadership, stating, “Jeffrey Lim’s leadership is a testament to what can be achieved through dedication and integrity.”
As SM Prime embarks on its next phase of growth, the company remains focused on bringing world-class, sustainable developments to the Philippines, inspired by its commitment to community impact and environmental stewardship. The ACES Eminent Leaders in Asia Award is a significant milestone, reinforcing SM Prime’s role as a leader in shaping the future of real estate and urban development across the region.
Hashtag: #ACESAwards2024 #SMPrime #EminentLeadersinAsia #RegionalRecognition #leadershipexcellence
https://www.smprime.comThe issuer is solely responsible for the content of this announcement.
About SM Prime
SM Prime Holdings, Inc. is one of the biggest integrated property developers in Southeast Asia and the largest in the Philippines. Known for its commitment to sustainable urban development and positive community impact, it has a diverse portfolio that includes malls, residential properties, and commercial spaces. This has made it a key player in driving economic growth and enhancing the quality of life across the Philippines
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Woh Hup Celebrates Nine Decades of Flavour, Family and Innovation with Four Bold New Sauces
Singapore Turns 61. Woh Hup Turns 90.
SINGAPORE – Media OutReach Newswire – 5 August 2026 – Every August, Singapore celebrates more than another year of nationhood. It celebrates the people, businesses and traditions that have quietly grown alongside the nation, becoming part of its shared identity and everyday life.
This National Day, as Singapore marks its 61st birthday, one of its oldest homegrown food brands reaches a remarkable milestone of its own.
For 90 years, Woh Hup has flavoured family dinners, festive reunions, neighbourhood barbecues and everyday meals that have become cherished memories across generations of Singaporeans. From humble beginnings in 1936 in Chinatown, Woh Hup has become a trusted name in kitchens both locally and internationally. By the 1980s, Woh Hup had established itself as the leading producer of oyster sauce in Singapore, a testament to its dedication and expertise.
Woh Hup sauces are now enjoyed, not just in Asian kitchens, but tables worldwide.
This August, as Singaporeans look forward to celebrating National Day with family, friends and neighbours, Woh Hup marks its 90th anniversary by unveiling four exciting additions to its chilli sauce family—bringing fresh inspiration to the tables where memories continue to be made.
More than a product launch, the new range reflects a heritage brand confidently looking ahead— combining nine decades of craftsmanship with the bold, adventurous flavours embraced by today‘s global consumers.
“For 90 years, families have welcomed Woh Hup into their kitchens and celebrations. That trust is our greatest honour – and our reason to keep evolving. These four new sauces honour where we came from, while embracing the bold flavours of modern Asian dining,” said Leong Chee Kang, Chief Executive Officer of Woh Hup.
The launch introduces four new sauces, each designed to bring versatility, convenience and vibrant flavour to today’s kitchens.
Mala Sriracha Chilli Sauce combines the unmistakable tang of sriracha with a tingling, numbing mala warmth, delivering a bold, layered heat that pairs naturally with fried chicken, dumplings, ramen and hotpot favourites.
For seafood lovers, the new Green Chilli Sauce for Seafood blends lively green chillies with refreshing notes to complement grilled fish, oysters, calamari and Singapore’s iconic seafood feasts.
Smoky Sriracha Chilli Sauce layers rich smokiness over classic sriracha — an ideal companion for burgers, barbecue skewers, grilled meats and hearty comfort food.
Rounding out the launch is Mala Seasoning Sauce, which delivers the signature tingling, numbing heat of Sichuan-inspired mala balanced with rich savoury notes. In an easy-to-use liquid form that mixes evenly for consistent colour and flavour, just a few drops transform stir-fries, soups and noodles into a multi-layered sensory experience — bringing bold mala excitement to everyday cooking.
Packaged in convenient new squeeze bottles, the three chilli sauces make everyday cooking and entertaining easier than ever — no spoons, no mess, just great flavour at a squeeze. The seasoning sauce comes in a classic glass bottle, ready to drizzle straight onto your meal or into the wok — bold Asian flavours to elevate every dish.
The new Woh Hup range — Mala Sriracha Chilli Sauce, Green Chilli Sauce for Seafood, Smoky Sriracha Chilli Sauce and Mala Seasoning Sauce — will be available at leading supermarkets and retail outlets across Singapore from August 2026.
As Singapore celebrates another year of nationhood, Woh Hup celebrates something equally meaningful—the millions of meals, conversations and family moments its products have quietly accompanied over the past nine decades.
Ninety years on, the recipe hasn‘t changed: bring people together, one meal at a time.
Hashtag: #WohHup
The issuer is solely responsible for the content of this announcement.
About Woh Hup
Founded in 1936, Woh Hup is one of Singapore‘s longest-established homegrown food brands and a trusted name in Asian sauces. For 90 years, the company has remained dedicated to crafting high-quality flavours that inspire home cooks and professional chefs around the globe.
Today, Woh Hup‘s growing portfolio of sauces, cooking pastes and convenience products is enjoyed by consumers in Singapore and international markets, reflecting the brand‘s enduring commitment to heritage, innovation and culinary excellence.
www.wohhupfood.com
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AuctuCel launches AuctuPrime to reduce biological variability in cell therapy manufacturing
Chemically defined medium removes animal serum and human platelet supplements as Malaysia and Singapore strengthen advanced therapy capabilities
SINGAPORE – Media OutReach Newswire – 4 August 2026 –Singapore is estimated to record approximately 19,290 new cancer cases in 2024, underscoring the growing demand for advanced treatment options and the manufacturing systems needed to produce them consistently. As cell therapies move from research towards clinical use, the reliability of every raw material used in production becomes increasingly important.
AuctuCel Pte Ltd, a Singapore biotechnology company specialising in AI-powered bioprocess technologies, today announced the launch of AuctuPrime, a next-generation chemically defined cell culture medium developed in collaboration with Sperikon. The formulation is designed to remove dependence on both animal serum and donor-derived human platelet supplements during cell therapy manufacturing.
The launch comes as both markets continue to deepen their advanced therapy ecosystems. The Singapore Economic Development Board reported that the country saw a fourfold increase in locally incorporated biotechnology companies since 2015. In Malaysia, the National Pharmaceutical Regulatory Agency issued updated cell and gene therapy product guidance in September 2025, including revised Good Manufacturing Practice requirements. As more research moves towards clinical translation, the reliability and traceability of manufacturing inputs are receiving greater attention.
A less visible bottleneck in cell therapy
Cell therapies are advancing across cancer, autoimmune disease and regenerative medicine, but manufacturing remains one of the major barriers to wider clinical and commercial adoption. Many conventional culture processes still use animal serum or platelet-derived supplements from human donors. These biological materials can vary between batches and may introduce additional sourcing, testing and documentation requirements.
AuctuPrime replaces these supplements with a fully chemically defined formulation. By giving researchers and manufacturers clearer control over what enters the process, it is intended to provide a more reproducible foundation for scale-up from laboratory research to clinical and commercial manufacturing.
The formulation is designed to support:
* Elimination of animal serum and human platelet supplements
* Reduced batch-to-batch variability in the culture process
* Lower dependence on donor-derived biological raw materials
* Greater supply chain resilience through chemically defined inputs
* More consistent scale-up and technology transfer across manufacturing stages
* A xeno-free approach for regenerative medicine and cell therapy workflowsWhy the manufacturing medium matters to patients
“Culture medium is not the therapy itself, but it can influence how reliably cells are produced. By removing animal serum and human platelet supplements, AuctuPrime gives researchers and manufacturers greater control over the process, helping to reduce variability and prepare for larger-scale production.” said Dr Zach Pang, Co-founder and Chief Scientific Officer of AuctuCel.
Supporting Singapore’s advanced therapy ecosystem
Singapore is strengthening its position as a regional hub for advanced therapies, supported by its universities, hospitals, research institutions and biotechnology companies. These organisations are building capabilities that connect early-stage research with regulated manufacturing and future clinical applications. Chemically defined media can support this progress by reducing reliance on variable biological inputs and enabling processes to be reproduced more consistently across local research and manufacturing facilities.
“Singapore’s continued progress in regenerative medicine will depend not only on scientific breakthroughs, but also on the ability to manufacture therapies safely, consistently and at scale. AuctuPrime represents an important step towards building a more reproducible manufacturing platform and can support local research and industry teams as they prepare for future clinical and commercial demand,” said Dr Chee Wai Fhu, Chief Executive Officer of AuctuCel.
For the wider region, stronger manufacturing foundations also matter for healthcare resilience. Cell therapies are complex products with demanding quality requirements, and the ability to manufacture them consistently will shape how quickly promising research can progress towards clinical use.
“The future of regenerative medicine depends not only on scientific breakthroughs, but on our ability to manufacture these therapies safely, consistently and at scale,” said Dr Chee Wai Fhu, Chief Executive Officer of AuctuCel. “AuctuPrime is an important step towards a more reproducible manufacturing platform. By removing dependence on animal serum and human platelet supplements, we hope to help researchers and manufacturers build processes that are better prepared for future clinical and commercial demand.”
Regional collaboration behind the launch
AuctuPrime was developed through a collaboration between AuctuCel and Sperikon, combining AuctuCel’s bioprocess and culture media expertise with Sperikon’s experience in regenerative medicine and cell therapy development.
Behind every cell therapy breakthrough is a production process that must work repeatedly, not only once. Improving that process is one of the practical steps needed to bring the next generation of therapies closer to the patients who may benefit from them.
Notes to editors
A chemically defined medium is a formulation in which the components and their concentrations are known and controlled. In this context, xeno-free means the formulation does not rely on animal-derived materials. AuctuPrime is a manufacturing input used during cell culture and is not itself a cell therapy product.
Hashtag: #AuctuCel
The issuer is solely responsible for the content of this announcement.
About AuctuCel
AuctuCel is a Singapore-based biotechnology company spun out of A*STAR’s Bioprocessing Technology Institute. The company develops AI-powered bioprocess technologies and ready-to-use culture media solutions that help biotechnology and cell therapy companies improve manufacturing consistency, productivity and scalability. By combining advanced modelling, scientific expertise and bioprocess innovation, AuctuCel supports the translation of research into commercially viable biomanufacturing. The company has active operations and partnerships across Singapore, Malaysia and the wider Asian region.
About Sperikon
Sperikon is a biotechnology company focused on regenerative medicine, cell culture technologies and translational research. The company works with academic institutions and industry partners to develop scalable solutions that support the clinical and commercial adoption of advanced cell therapies. Through its collaboration with AuctuCel, Sperikon contributes to the development of next-generation chemically defined manufacturing platforms.
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Heartland 66 Accelerates Retail Transformation with the Launch of First-to-Market Korean Trend Zone and edgestreet Concept Space
Strategic 10,400 sq. m. transformation brings 150+ fashion and lifestyle brands to Central China
WUHAN, CHINA & HONG KONG SAR – Media OutReach Newswire – 4 August 2026 – Heartland 66 in Wuhan, under Hang Lung Properties Limited (SEHK stock code: 00101) (“Hang Lung” or the “Company”), is expanding its new-generation, differentiated retail mix and customer experience offerings through the launch of Central China’s first curated 24KR Korean Trend Zone and edgestreet Concept Space. Building on the Heartland 66’s premium positioning, the two areas bring together Korean Wave culture, contemporary fashion, new-to-market brand launches, vibrant social spaces, and immersive experiences – forming part of Heartland 66’s transformation from a traditional retail destination into a trendy lifestyle hub, while contributing to the development of Wuhan’s retail sector.
Launched between June and July, the 24KR Korean Trend Zone and “Greenhouse by edgestreet,” together spanning approximately 10,400 sq. m., feature a lineup of more than 150 brands. The 24KR Zone captures the contemporary Korean Wave that resonates with new-generation consumers and enriches the shopping experience. “Greenhouse”, meanwhile, is a concept space developed by edgestreet, centered on a greenhouse-inspired botanical theme and offering a diverse mix of design, aesthetics, home living and pet lifestyles. It blends modernfashion, lifestyle aesthetics and social interaction, deepening engagement with emerging customer segments. Among the first batch of brands unveiled, 24KR introduces 11 brands making their China debut and 15 making their Central China debut, while “Greenhouse” brings 20 brands opening their first stores in Wuhan.
Such initiatives support Wuhan’s goal of accelerating its development into a forward-thinking city and an international consumption center. As a major transportation, education and commercial hub in Central China, Wuhan continues to attract university graduates seeking employment and entrepreneurship, as well as young talent from neighboring provinces who help to fuel local consumption. Heartland 66 aims to inject more emerging consumption experiences and commercial vitality into the local market.
Ms. Veronica Chan, Director – Mainland Business Operation, Hang Lung Properties, said, “Heartland 66 is actively introducing curated fashion and lifestyle offerings in response to the evolving consumer preferences. By providing a rich and diverse range of choices, we are creating placemaking destinations that foster a strong sense of community. As a commercial landmark in Wuhan, we will continue to strengthen our differentiated positioning, contribute to the city’s development as an international consumption center, and help stimulate consumer vitality.”
Mr. Harvey Ye, General Manager of Heartland 66, said, “The successive launch of 24KR Korean Trend Zone and ‘Greenhouse by edgestreet’ marks a firm step forward in engaging younger consumers and driving the revitalization and upgrading of our commercial spaces. On its opening day, the 24KR Zone lifted footfall by more than 50% year-on-year. ‘Greenhouse’, which followed shortly after, also drew a strong market response. Both underscore the powerful potential of the emerging consumer market and the surging economic vitality of Central China.”
| Item | 24KR Korean Trend Zone | “Greenhouse by edgestreet” |
| Location in Heartland 66, Wuhan | B1, East Zone | L3, East Zone |
| Area | Approximately 2,400 sq. m. | Approximately 8,000 sq. m. |
| Positioning | Contemporary Korean fashion and trendy lifestyle | Curated designer brands and quality lifestyle offerings |
| Brand categories | Trendy fashion, footwear and accessories, cosmetics and fragrances, designer toys, food and coffee | Designer brands, lifestyle and home living offerings, pet lifestyle brands |
| Number of brands | More than 100 trendy and creative Korean brands | More than 50 emerging international brands |
| First-in-market highlights | First batch: 11 China-debut and 15 Central China-debut brands, including FANCY CLUB, ZAENIO, IST KUNST, BLACKPURPLE and LAZY | First batch: 20 first-in-Wuhan brands, including THE WAREHOUSE by SHOWROOM SHANGHAI, HiOneOne, DOROQ, ARTICLE NO., and D&L Pets Department Store |
| Design concept | Inspired by Seongsu-dong in Seoul, incorporating Korean streetscape elements, tactile material textures, and layered urban details | Centered on “Lifestyle Inspiration × Greenhouse Ecology × Artistic Aesthetics,” using light, shadow and greenery to create a natural and open spatial experience |
Hashtag: #HangLungProperties
The issuer is solely responsible for the content of this announcement.
About Hang Lung Properties
Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong and Shanghai, the Company manages a portfolio of over 3.6 million square meters of retail, office, residential, and hotel properties across Hong Kong and the Chinese Mainland.
The Company’s diverse portfolio in Hong Kong includes office towers and malls in prime districts, as well as luxury residential developments in prestigious areas. In the Chinese Mainland, under the signature “66” brand, the Company’s mixed-use and retail developments are regarded as premium landmarks, strategically located in the hearts of key cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan, and Hangzhou.
The Company is recognized for pioneering sustainability in the real estate industry, with an MSCI ESG rating of AA and inclusion on CDP “A List” for Climate Change. The Company powers 90% of its operating properties in the Chinese Mainland with renewable energy, with a net-zero commitment by 2050.
At Hang Lung Properties – We Do It Well.
For more information, please visit https://www.hanglung.com.
