Connect with us

Media OutReach

F88 officially becomes a public company, paving the way for UPCOM listing

Published

on

HANOI, VIETNAM – Media OutReach Newswire – 8 May 2025 – On May 6, F88 Investment Joint Stock Company (F88) was officially recognised as a public company, marking a major milestone in its growth and bringing the firm closer to its long-term goal of being listed on the stock exchange.

An F88 pawn shop in Hà Nội. F88 is now eligible to become the first alternative financial services provider to move towards a listing on Việt Nam’s stock market. Photo courtesy of F88

This transition signals a new chapter in the company’s sustainable development, underpinned by higher standards of corporate governance and transparency.

The State Securities Commission (SSC) confirmed that F88 has fulfilled the requirements to become a public company in accordance with the Securities Law. Per regulations, companies recognised as public must register for UPCOM trading within 30 days. With this approval, F88 shares are now eligible to trade as the first alternative financial services provider on the UPCOM platform, targeting unbanked customers and moving towards a listing on Hồ Chí Minh City Stock Exchange (HOSE).

Alternative finance refers to financial services offered outside the traditional banking and finance system, such as peer-to-peer lending and microfinance.

“Becoming a public company is a critical milestone in our development roadmap as we move towards UPCOM registration,” said Phùng Anh Tuấn, founder and chairman of F88.

“It affirms our ongoing efforts to improve transparency and standardise corporate governance in line with international benchmarks. This also sets a strong foundation for our future listing on the Hồ Chí Minh Stock Exchange (HOSE), as we strive to create long-term value for both our mass-market customers and shareholders.”

Tuấn said that this milestone not only reflects the company’s internal progress, but also represents the growing recognition of Việt Nam’s alternative finance sector, as F88’s business model has successfully met the stringent criteria set by the SSC and is now poised to be welcomed by public investors.

Backed by reputable foreign investors including Mekong Capital, Việt Nam Oman Investment (a joint venture between the Government of Oman’s State General Reserve Fund and Việt Nam’s State Capital Investment Corporation) and Granite Oak, F88 has expanded to nearly 900 branches nationwide since its founding in 2013.

The company’s core business is centred on inclusive financial services — offering loans, insurance and banking products to individuals who have limited access to traditional financial institutions.

In the first quarter of 2025, F88 disbursed over VNĐ3.28 trillion, a 25 per cent year-on-year increase. Revenue rose by 21.5 per cent while pre-tax profit surged by 204.1 per cent compared to the same period last year.

F88 aims to become a leading retail financial group in Việt Nam, reshaping how the population accesses financial services. The company envisions a future where every Vietnamese citizen can engage with formal, transparent financial products that support a better quality of life.

“To realise that vision, we must attract more capital from investors and financial institutions by adopting higher standards in governance, operations and finance,” Tuấn said. “Becoming a public company and listing on the stock exchange is a key step toward achieving that goal.”

In addition to its long-term partners, F88 is currently working with new domestic and international lenders to diversify its funding sources in 2025. The company has also rolled out detailed strategies for each business segment, aligned with its broader strategic vision and sustainability goals.

F88 plans to leverage technology to digitise operations, streamline service delivery and ensure safe, efficient handling of millions of transactions. This year, the company targets revenue growth of over 40 per cent and aims to increase its customer base by more than 30 per cent.

Hashtag: #F88

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

About F88

Founded in 2013, F88 is Việt Nam’s leading retail finance chain in the alternative finance sector, focusing on inclusive financial services such as lending, insurance distribution and banking products. The company primarily serves customers who lack access to conventional banking and credit services. As of early May 2025, F88 operates 888 branches across the country.

F88 has gained widespread recognition for its performance and workplace culture, including being named one of Asia’s Best Workplaces by Great Place to Work. It is also the first and only alternative finance company in Việt Nam to receive the Client Protection Certificate — a global standard for safeguarding financial consumers.

In April 2025, local credit rating agency FiinRatings upgraded F88’s credit outlook from “Stable” to “Positive”, citing improvements in asset quality and the company’s continued market leadership.

Advertisement

Media OutReach

Woodfibre LNG Marks 2025 as a Year of Construction Progress, Environmental Stewardship and Community Partnership

Published

on

SINGAPORE – Media OutReach Newswire – 24 December 2025 – Woodfibre LNG recently marked 2025 as a year of significant progress across construction, environmental protection and community partnerships, as the project moved deeper into its development phase toward delivering responsibly produced Canadian liquefied natural gas to global markets.

Over the past year, the project advanced from planning into visible, on-the-ground execution. Major construction milestones included the pouring of foundations for key modules, continued progress on marine piling, and further implementation of modular construction techniques designed to reduce on-site footprint while accelerating delivery timelines.

These advancements were achieved through close collaboration with project partners, suppliers and contractors, and in partnership with the Sḵwx̱wú7mesh Úxwumixw (Squamish Nation).

In 2025, Woodfibre LNG, a member of the RGE group of companies founded by Sukanto Tanoto, continued to operate its floatel workforce accommodation solution, designed to minimise pressure on local housing and community services. As of November, two floatels were in active operation, providing high-quality, safe and comfortable living conditions for the project workforce while supporting construction efficiency.

Environmental protection remained a central focus throughout the year. The project’s Marine Mammal Monitoring Programme, which includes hydroacoustic monitoring, exclusion zones and shore-based observation posts, delivered measurable outcomes by enabling real-time operational decisions, including pauses to marine activities when marine mammals entered exclusion areas.

In parallel, remediation of legacy materials from the former pulp mill site continued, with hundreds of thousands of tonnes of historical waste removed. These efforts have contributed to improving site conditions for both local communities and marine and terrestrial ecosystems in Howe Sound.

Woodfibre LNG’s Operator Training Programme, delivered in partnership with the Squamish Nation Training and Trades Centre and the British Columbia Institute of Technology (BCIT), progressed throughout the year. The programme’s first cohort of graduates transitioned into full-time roles, supporting the development of long-term, skilled local employment opportunities linked to the project.

Through its Community Partnership Programme (CPP), Woodfibre LNG continued to invest in local communities across the Sea-to-Sky corridor. In 2025, the programme surpassed $1 million in total grants since its inception, supporting initiatives in sports, healthcare, emergency services, arts and culture, and youth development.

Luke Schauerte, CEO of Woodfibre LNG, said, “2025 has been a year of significant progress for Woodfibre LNG. We are proud of what our team and partners have accomplished together and look forward to building on this momentum in the year ahead.”

With more than half of the project’s development now complete, Woodfibre LNG remains focused on advancing construction safely and responsibly, while maintaining strong partnerships with Indigenous communities, local stakeholders and regulators.

As the project looks ahead to 2026, Woodfibre LNG continues its work toward delivering lower-carbon, responsibly produced Canadian energy to international markets.

Hashtag: #RGE #PacificEnergy #PacificCanbriamEnergy #WoodfibreLNG #LNG #environment #partnerships #LNG #liquefiednaturalgas #energy #sustainability

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

About Woodfibre LNG

The Woodfibre LNG Project is owned by Woodfibre LNG Limited Partnership, owned 70 per cent by Pacific Energy Corporation (Canada) Limited and 30 per cent by Enbridge Inc. The Woodfibre LNG facility is being built on the site of the former Woodfibre pulp mill site, which is located about seven kilometres southwest of Squamish, B.C. Woodfibre LNG will source its natural gas from Pacific Canbriam Energy, a Canadian company with operations in Northeastern British Columbia. Pacific Canbriam is an industry leader in sustainable natural gas production. Woodfibre LNG and Pacific Canbriam Energy are subsidiaries of Pacific Energy Corporation Limited. Woodfibre LNG is the first industrial project in Canada to recognise a non-treaty Indigenous government, Sḵwx̱wú7mesh Úxwumixw (Squamish Nation), as a full environmental regulator.

Continue Reading

Media OutReach

New Opportunities in Southeast Asia’s Digital Shift: Thailand Emerges as the New ASEAN’s AI Hub

Published

on

BANGKOK, THAILAND – Media OutReach Newswire – 24 December 2025 – As global attention remains fixed on the AI race, Thailand is now carving out a new identity as an emerging “AI Hub for Association of Southeast Asian Nations (ASEAN).” The government is steadily advancing its “Thailand 4.0” initiative, positioning the digital economy as the key driver of national transformation.

The expansion of AI and data centers (DCs) in Thailand is driving several transformative trends:

  • Changing data traffic patterns. As DCs multiply in Bangkok, Chonburi, and beyond, Thailand is evolving from a traditional data “transit point” into a regional “convergence hub.” East-west digital traffic is accelerating, with Thai DC clusters increasingly meeting the computing demands of Southeast Asia and the broader Asia-Pacific.
  • Optimized data routing. Data flows that once relied on submarine cables via Hong Kong and Singapore are gradually shifting to land-based digital corridors linking China, Laos, and Thailand. This route reduces data transmission latency from southwestern China to Southeast Asia.
  • Elevated business expectations. Demand is shifting beyond “sufficient bandwidth” toward “high-quality experience.” Thailand sits in a “latency sweet spot” for key Asia-Pacific markets, with latencies to Singapore, Vietnam, and Malaysia falling within an optimal range—a crucial advantage for latency-sensitive sectors like autonomous driving, telemedicine, and fintech.

New opportunities inevitably bring new challenges, and Thailand also addresses the following three challenges:

1. Massive traffic impacting existing networks: Compared with mature hubs like Singapore, Thailand has insufficient international submarine cables. A large volume of cross-border data still needs to be transmitted through detours. Meanwhile, as DC investments continue to accelerate, traffic will keep rising. Analysis shows that by 2029, Thailand’s DC capacity may reach 2000 MW, with cross-region traffic surging to 630 Tbps. The current network architecture is no longer capable of supporting such heavy traffic.

2. Latency advantages not fully realized: Despite its geographic advantages, Thailand’s network latency performance has yet to reach its full potential. Routes to key markets, like China, still require third-party transit. What’s more, traditional network scheduling lacks intelligent route selection capabilities, making it difficult to provide deterministic assurance for latency-sensitive services like financial transactions and real-time AI interactions.

3. Potential risks in network reliability: Thailand’s network reliability faces structural challenges. Single points of failure have previously caused hours-long interruptions to critical services, directly undermining enterprise users’ confidence.

To overcome these challenges, Thailand can take a systematic approach to upgrading its digital infrastructure, aiming to build next-generation AI-ready networks.

1. Building ultra-high-bandwidth “sea-land” connectivity. By actively introducing new submarine cables, Thailand can significantly enhance its connectivity with the Asia-Pacific region and the world. Meanwhile, accelerating the construction and expansion of key terrestrial cable routes—such as China-Laos-Thailand and Thailand-Malaysia-Singapore—will transform Thailand’s geographic advantage into a tangible connectivity advantage.

2. Optimizing network routes to create a regional low-latency core. Strengthening the Kunming-Laos-Thailand terrestrial cable route will continuously reduce transmission latency between China and Thailand, meeting the needs of real-time applications. In addition, the introduction of autonomous networks will enable automatic selection of the optimal, shortest route, shifting from “best effort” to “deterministic low latency.”

3. Designing a “never-interrupted” high-resilience architecture. Deploying active-active DC networks with millisecond-level switchover capabilities ensures the continuity of core services. Meanwhile, AI-driven intelligent O&M can reduce fault detection and diagnosis from hours to minutes.

Thailand’s booming AI and DC industries are driving rapid growth in regional and cross-border business demand. In this trend, network infrastructure construction centered on DCs is the core engine that drives AI transformation, propelling Thailand toward its vision of becoming the new AI hub for ASEAN.

Hashtag: #huawei

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

Continue Reading

Media OutReach

MyRepublic Launches Card Sub, Singapore’s First Subscription Service for Trading Card Game Fans

Published

on

SINGAPORE – Media OutReach Newswire – 23 December 2025 MyRepublic today announced the launch of Card Sub, a new subscription-based service designed for Trading Card Game (TCG) enthusiasts. Card Sub offers subscribers a convenient way to receive Magic: The Gathering (MTG) products monthly, including access to premium booster packs not typically available through standard retail purchases.

MyRepublic Launches Card Sub, Singapore’s First Subscription Service for Trading Card Game Fans

Card Sub introduces a structured monthly subscription model in which customers pay a fixed monthly rate and receive up to 3 Play Booster packs or 2 Play booster boxes from the current MTG release. In addition, subscribers will receive free premium booster packs or boxes. These premium boosters may include Collector Booster Packs or Boxes, such as the highly sought-after Final Fantasy Collector Booster, which is constantly sold out worldwide which features the extremely valuable serialised Golden Chocobo card
“The trading card community in Singapore is incredibly passionate, and Card Sub is our small way of adding value to that ecosystem,” said Terry Williams, Head of Consumer at MyRepublic. “As TCG players ourselves, we wanted to offer something to the community to provide an easier access to the latest release every month, and the chance to secure premium packs that might not be readily accessible to players. We see Card Sub as a community-driven initiative, open to all who share a passion for growing the hobby.”
The subscription tiers available at launch are:
MyRepublic Card Sub Plans
MyRepublic Card Sub Plans

Card Sub will be available to both MyRepublic and non-MyRepublic customers. All product redemptions will take place in person at the upcoming Card Arena by MyRepublic, located at Suntec City. Customers will redeem their Premium booster or box in-store.

Card Sub is positioned to serve cost-conscious TCG consumers by providing reliable monthly access to boosters with the added benefit of premium packs or boxes at no additional charge. The inclusion of Collector Boosters in the premium pool provides an opportunity for subscribers to obtain higher-value products through a predictable monthly model. MyRepublic also plans to expand Card Sub to additional TCG franchises, including Pokémon.
Card Sub is open for sign-up at cardsub.net and available to everyone in Singapore. Monthly redemption of subscription items will be fulfilled exclusively at:
Card Arena by MyRepublic
Suntec City, 3 Temasek Boulevard, #02-323/324

Hashtag: #CardSub, #MyRepublic #MyRepublicCardSub #CardSubSG #TCG #GeeksUseUs





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

MyRepublic

MyRepublic is an award-winning telecom operator whose values lie in the future of connectivity, the next opportunity to disrupt, and innovations that will make a real difference. The provider’s priority is to redefine broadband and mobile connectivity in the markets it operates and empower customers to understand what a true modern connectivity experience can be.
For more information, please visit
cardsub.net

Continue Reading

Trending