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V-GREEN and Xanh SM Indonesia sign MoU with Lippo for comprehensive green ecosystem in Indonesia

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JAKARTA, INDONESIA – Media OutReach Newswire – 23 December 2024 – V-GREEN and PT Xanh SM Green and Smart Mobility Indonesia (Xanh SM Indonesia) today announced the signing of a Memorandum of Understanding (MoU) with Lippo Karawaci, a prominent Indonesian real estate development company. This strategic partnership aims to leverage Lippo Karawaci’s established reputation and extensive real estate network to develop a green ecosystem that integrate seamlessly into the daily lives of Indonesian citizens. The primary goal of this collaboration is to significantly accelerate the adoption of electric transportation across the region.

Mr. Nguyen Van Thanh – Global CEO of GSM (left), Mr. Marlo Budiman – President Director of PT Lippo Karawaci Tbk (center), and Mr. Nguyen Thanh Duong – CEO of V-GREEN (right).


Under the MoU, the three companies will engage in cooperative research and development initiatives to expand the EV ecosystem and promote a green transformation within Indonesia’s transportation sector. These collaborative efforts will include the operation of V-GREEN EV charging stations and Xanh SM Indonesia taxi stands at properties developed and operated by Lippo.

The partnership will also explore investment and business models for future collaboration. All parties are committed to supporting promotional, marketing, and sales programs related to this agreement, aligning with sustainable development goals in accordance with ESG standards.

Mr. Marlo Budiman, President Director of PT Lippo Karawaci Tbk. stated: “Lippo is proud to join V-GREEN and Xanh SM Indonesia as a pioneering strategic partner in building a greener future for Indonesia. We recognize the critical importance of ESG standards in sustainable business practices and value V-GREEN’s expertise in deploying charging infrastructure. Together, we aim to create a green transportation ecosystem that delivers tangible benefits to the Indonesian people and contributes to a cleaner future for all.”

Mr. Nguyen Thanh Duong, CEO of V-GREEN, remarked: “This strategic collaboration with Lippo will leverage the company’s extensive real estate portfolio to establish a robust foundation for V-GREEN’s development of a comprehensive electric vehicle charging station network throughout Indonesia. This joint effort will facilitate the creation of a seamless EV ecosystem, designed for integration into the daily lives of Indonesian citizens. This significant partnership plays a vital role in realizing our shared mission of ‘For a Green Future‘, actively pursued by VinFast, V-GREEN and Xanh SM within the Indonesian market.

Mr. Nguyen Van Thanh, CEO of GSM, added: “The growing demand for sustainable and smart mobility solutions in Indonesia presents a compelling opportunity for Xanh SM to advance our mission of pioneering the regional electric transportation revolution. With the signing of this MoU, Xanh SM Indonesia aims not only to provide convenient and efficient transportation experiences, but also to contribute to the development of a comprehensive EV ecosystem, fostering a more sustainable future for Indonesia and the region.

Under the leadership of founder Pham Nhat Vuong’s, V-GREEN, VinFast, and Xanh SM have established a comprehensive ecosystem aimed at pioneering electric transportation. Indonesia is a key market in this global strategy, where the three companies seek to create a sustainable transportation network.

To support this goal, V-GREEN has signed a strategic MoU with the multi-industry conglomerate Prime Group, through its UAE subsidiary, to develop a network of approximately 100,000 VinFast electric vehicle charging stations throughout Indonesia in the next three years, representing a projected total investment of up to $1.2 billion USD.

Simultaneously, at its official launch event in Indonesia, Xanh SM Indonesia has signed MoUs with nine partners across key sectors, including banking, telecommunications, real estate, and retail.

Since its launch in Indonesia, VinFast has delivered the VF e34 and VF 5 models, expanded its dealer network, implemented attractive sales policies, and broken ground on an assembly plant in Subang, West Java, as part of ongoing efforts to bolster its global production capacity.

Hashtag: #VGreen #XanhSM

The issuer is solely responsible for the content of this announcement.

About Xanh SM

Xanh SM is a pioneer in all-electric transportation, offering a high-tech and sustainable mobility ecosystem proudly rooted in Vietnam. With a bold vision, Xanh SM strives to accelerate the world’s green, sustainable transportation transformation, playing a pivotal role in safeguarding the planet for generations to come.

About Lippo Karawaci (“LPKR”)

Listed on the Indonesia Stock Exchange, PT Lippo Karawaci Tbk is Indonesia’s largest real estate company by total assets and revenue. With a diversified business portfolio, Lippo Karawaci is involved in urban development, healthcare, hospitality, and property management. The Company is committed to delivering sustainable value to its shareholders and customers through innovation and excellence in all its operations.

As a leading real estate developer and township operator with 1,398 ha of landbank ready for development, LPKR develops and manages urban development primarily in Java and Sulawesi, including at our flagship township Lippo Village in Tangerang. Through LPKR’s two publicly listed subsidiaries, PT Lippo Cikarang Tbk and PT Gowa Makassar Tourism Development Tbk, of which we own 83.99% and 62.69% respectively, we also develop and manage the townships of Lippo Cikarang in Bekasi and Tanjung Bunga in Makassar.

In addition, LPKR owns 29.09% of PT Siloam International Hospitals Tbk, Indonesia’s leading private hospital network, with 41 hospitals and 73 clinics in 23 provinces nationwide. Aside from healthcare, we manage 59 malls across Indonesia and hold a 47.29% stake in Lippo Malls Indonesia Retail Trust, a Singapore-listed REIT with SGD 1.5 billion of assets under management as of 31 December 2023. We also operate 10 hotels under the Aryaduta brand, and a country club and golf course.

www.lippokarawaci.co.id

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SIBUR receives highest-category ESG rating from China’s largest rating agency

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MOSCOW, RUSSIA – Media OutReach Newswire – 26 December 2024 –The rating agency China Chengxin Green Finance Technology (Beijing) Ltd. (CCXGF) has assigned SIBUR an ESG rating of A-, making SIBUR the only Russian company to receive a rating in CCXGF’s highest category. SIBUR also ranks among the top 10 in CCXGF’s ESG rating of global chemical companies.

Regarding the criteria assessed by the rating, SIBUR’s performance easily exceeded the industry average. Notably, the agency gave the company a score of 95.76 out of 100 for environmental stewardship, while the average for other companies in the sector was 52.19. SIBUR also received a score of 80.73 for its work on occupational safety, compared with an average of 55.04 for other companies, and a score of 85.58 for its disclosure of decisions, while the industry average was 36.75.

The analytical report also noted SIBUR’s efforts to recognise, assess and reduce climate risks. Moreover, the authors of the report drew attention to the company’s sustainable development strategy, which, among other things, sets goals for reducing greenhouse gas emissions. The company’s efforts in the area of biodiversity conservation were also mentioned: SIBUR supports projects and initiatives aimed at species conservation, and its production sites are not located in areas of high biodiversity value.

“The Asia-Pacific countries are developing their expertise when it comes to sustainability and paying increasing attention to the sustainable development agenda every year. In this context, the assignment of an A rating to SIBUR by China’s largest rating agency is a very important result. It confirms that our practices are in compliance with best global practices and is an additional point of engagement for developing dialogue with partners in important markets for the company,” said Alexey Kozlov, SIBUR’s Managing Director and a member of the company’s Management Board.

“We place great value on our partnership with SIBUR and see immense potential in our collaboration with Russian clients,” says Dongyang Xue, President of CCXGF. “CCXGF is at the forefront of domestic green finance and ESG service provision in China. Our expertise positions us to significantly boost SIBUR’s international profile, particularly in the Chinese market. Through our ESG rating, we aim to enhance transparency and foster a deeper understanding of SIBUR among international stakeholders”.
Hashtag: #SIBUR

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ALCO HOLDINGS (00328) announce the launch of four strategic mechanisms to foster employee collaboration and enhance team cohesion.

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HONG KONG SAR – Media OutReach Newswire – 26 December 2024 – ALCO HOLDINGS (00328) , a leading company in the audiovisual and information technology sectors, today announced the official launch of four strategic mechanisms aimed at further optimizing internal management and fostering a positive corporate culture. These initiatives are designed to promote harmonious relationships among employees and enhance overall team cohesion. The four mechanisms include a people-oriented management philosophy, a diverse range of employee activities, an open and inclusive corporate environment, and a commitment to core values centered around integrity. These strategies reflect Aigo Group’s long-term commitment to employee well-being and the development of its corporate culture.

Strategy 1: People-Oriented Management Philosophy

ALCO HOLDINGS has always upheld the management philosophy that “employees are the most valuable asset of the company,” recognizing that employees are not only the foundation of business operations but also the core driving force behind the company’s sustainable growth. To inspire employees’ potential and creativity, ALCO HOLDINGS offers a comprehensive benefits system and a conducive work environment. The company’s production facilities and headquarters are equipped with various amenities, including a reading room, basketball court, badminton court, table tennis room, billiards room, computer room, and medical center, all aimed at creating a healthy, comfortable, and vibrant working environment for employees.

This people-oriented management style not only enhances employee satisfaction but also ensures they gain a sense of achievement in their work. ALCO HOLDINGS’ management team consistently prioritizes the physical and mental well-being of its employees, offering regular training and seminars to improve their professional skills and strengthen their competitiveness and adaptability in the workplace. These initiatives reflect Aigo Group’s commitment to supporting employee growth and development, creating a sustainable career path for its workforce.

Strategy 2: A Wide Range of Employee Activities

ALCO HOLDINGS understands the importance of a strong team atmosphere and regularly organizes a variety of employee activities aimed at fostering interaction and communication among staff members. These events, such as the Mid-Autumn Festival Garden Party, Karaoke Competition, Christmas Party, Chess Tournament, Basketball Tournament, and Tug-of-War Contest, provide employees with opportunities to enrich their leisure time and encourage them to relax and unwind outside of work. Additionally, the company offers a range of interest-based classes, including dance, Tai Chi, taekwondo, table tennis, English, and Japanese, allowing employees to explore personal interests and further develop themselves beyond their professional responsibilities.

These diverse activities not only strengthen the friendships among employees but also cultivate a strong sense of teamwork. During these events, the spirit of collaboration and collective sharing is further reinforced, as employees engage in joint activities that foster mutual understanding and support. This, in turn, enhances their ability to work together more effectively and creatively when facing work challenges. Through these initiatives, ALCO HOLDINGS has created a positive, dynamic corporate atmosphere, significantly boosting employee enthusiasm and team cohesion.

Strategy 3: An Open and Inclusive Corporate Environment

At ALCO HOLDINGS, diversity and inclusivity are central to the company’s corporate culture. The company brings together elite talent from around the world, with a strong commitment to fostering an open and dynamic work environment. In this setting, employees are encouraged to share their ideas and insights and actively participate in decision-making and innovation processes. This inclusive culture allows every employee to freely express themselves, realize their personal value, and feel respected and valued within the organization.

This open atmosphere motivates employees to actively communicate and share knowledge in their daily work. Through cross-departmental collaboration and exchange, employees can better integrate resources and achieve superior results. At ALCO HOLDINGS, every employee is seen as an active contributor to the company’s culture, with the organization’s success stemming from the vitality and innovation of its diverse culture. Aigo firmly believes that only under the guidance of an inclusive and diverse culture can a company continuously innovate and maintain its competitiveness in an ever-changing market.

Strategy 4: Adherence to Honesty and Integrity

Honesty and integrity hold a central position in ALCO HOLDINGS’ business principles. The company emphasizes the importance of mutual respect and keeping commitments, advocating for doing things the right way. This core value not only motivates employees but also strengthens trust and reliance among them. When faced with challenges and making decisions, Aigo’s employees carefully consider the company’s values and the impact on colleagues and clients. This strong cultural atmosphere enables employees to collaborate with greater confidence in the face of work challenges, fostering a powerful sense of internal cohesion.

This trust and collaborative relationship serve as a key pillar for ALCO HOLDINGS’ continued innovation in the market. The culture of honesty and integrity also motivates employees to continually improve their professional skills, with self-discipline and a sense of responsibility forming the foundation of teamwork. These values are further reinforced through training and development programs. ALCO HOLDINGS’ core values not only shape the company’s external image but also deeply influence internal work practices, encouraging employees to grow together in a positive and empowering environment.

Corporate Culture Driving Sustainable Development

The management team at ALCO HOLDINGS stated that the launch of these four strategic mechanisms will further strengthen the company’s competitiveness within the industry while providing employees with a more harmonious work environment and greater opportunities for growth. Moving forward, ALCO HOLDINGS will continue to leverage its outstanding corporate culture to drive sustainable development, using innovation and teamwork as the foundation to achieve higher business objectives in the global market.

Hashtag: #ALCO

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VT Markets Innovates Trading at the Hong Kong Traders Fair

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HONG KONG SAR – Media OutReach Newswire – 25 December 2024 – On December 14th, VT Markets took centre stage at the 2024 Traders Fair financial expo in Hong Kong, marking yet another milestone as a leading global financial trading service provider.

Showcasing its industry-leading innovations and services, the award-winning brokerage garnered significant attention for its unique market insights and forward-thinking solutions.

Knowledge is Power

VT Markets underscored its expertise in cryptocurrency markets with a keynote speech by guest analyst Eyad. He compared various tools for trading cryptocurrencies, introducing innovative options and strategies tailored for traders.

Eyad emphasised the advantages of trading cryptocurrencies via CFDs over traditional spot asset holding, highlighting lower entry barriers and significantly reduced transaction costs.

For example, trading one Bitcoin via CFDs on VT Markets costs just $14 per transaction, compared to $66 with other methods—a cost reduction of approximately 78%. Moreover, the brokerage offers leverage up to 333:1, enabling traders to control one Bitcoin (valued at $100,000) with as little as $300. For many, this was a masterclass on how the right trading tools can give traders a strategic edge from the start.

An Enhanced User Experience

VT Markets also took the opportunity during the expo to demonstrate its app’s copy trading system and a streamlined 3-minute account opening process. This, for many attendees, was a unique opportunity to experience hassle-free trading firsthand.

With VT Markets, traders can now access global markets with minimal time and effort. In just three minutes, they can open a live account and use the brokerage’s proprietary copy trading system to replicate strategies from top traders, enabling precise entry and efficient portfolio management.

In line with its philosophy, VT Markets aims to break down the barriers of time, technology, experience, and expertise through flexible solutions, intelligent tools, and advanced technical support. By lowering the thresholds to trading and boosting efficiency, the platform delivers an ever-fresh and innovative experience tailored to investors of all levels.

Organised by FINEXPO, Traders Fair is renowned as one of the world’s largest and most prestigious financial expos. It serves as a hub for industry leaders, investment experts, and top-tier companies, as well as a bridge connecting traders of all levels.

This year’s event attracted 16 globally recognised exhibitors and featured over 10 seminars covering trending topics such as forex, cryptocurrencies, and trading tools, offering fresh perspectives, investment strategies, and trading techniques.

Hashtag: #VTMarkets #CFDs #CFDsbrokers #crypto #bitcoin #LeverageTrading #TradersFair



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