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ATAL Marks New Milestone with Strategic Focus on Research & Design, Nurturing Youth, Innovation Advancement, and Investing in the Future

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Revitalised Industrial Building Transformed into State-of-the-Art Smart Headquarters Sets Industry Benchmark

HONG KONG SAR – Media OutReach Neswire – 21 March 2025 – ATAL Engineering Group (“ATAL”), a leading provider in electrical and mechanical (E&M) engineering and information and communications technology (ICT) services for smart cities, today held the Opening Ceremony for ATAL Design, Research and Training Centre and its new headquarters, ATAL Tower. This milestone underscores ATAL’s investment in the future, strengthening continuously its industry leadership in research and development, and talent cultivation, to drive innovation and productivity and to contribute to upgrading and developing the engineering industry.

Photo 1: Secretary for Development of the Hong Kong SAR Government The Hon Bernadette Linn (second left), accompanied by ATAL Engineering Group Founder Dr Otto Poon (first left), Chairman Dr Kim Mak (second right), and Chief Executive Officer Mr Raymond Chan (first right), officiating at the Opening Ceremony for the ATAL Design, Research and Training Centre cum ATAL Tower.

The Secretary for Development of the Hong Kong SAR Government The Hon Bernadette Linn, accompanied by ATAL Engineering Group Founder Dr Otto Poon, Chairman Dr Kim Mak, and Chief Executive Officer Mr Raymond Chan, officiated at the opening ceremony which was witnessed by Mr Ye Shui Qiu, Deputy Director-General, Department of Educational, Scientific and Technological Affairs, Liaison Office of the Central People’s Government in the Hong Kong SAR, government officials, industry representatives and partners.
Ms Bernadette Linn and other guests viewed the work of ATAL Design, Research and Training Centre on developing advanced construction techniques and digital technology, encompassing Multi-trade integrated Mechanical, Electrical, and Plumbing (MiMEP), Modular Integrated Construction (MiC), Building Information Modelling (BIM), AI-driven Digital Twin technology, Internet of Things (IoT), liquid cooling solutions for supercomputing data centres as well as comprehensive water, wastewater and waste treatment, and climate solutions, to spearhead intelligent and low-carbon transformation across the engineering industry.
Talent is critical for advancing innovative productive forces. Over the past four decades, ATAL has nurtured, through its comprehensive graduate trainee and apprenticeship programmes, over 1,100 professionals, who have contributed to the Group and the industry in different roles. With ATAL Design, Research and Training Centre, ATAL will nurture more of Hong Kong’s younger generation as talents with advanced engineering and technological expertise, to contribute to Hong Kong.
Transformed from an industrial facility to an intelligent building that integrates innovative and sustainable technologies, ATAL Tower exemplifies a successful transformation under the Hong Kong SAR Government’s Revitalisation Scheme for Industrial Buildings. ATAL Engineering Group Chairman Dr Kim Mak remarked, “In an era when technologies are reshaping industries, ATAL Engineering Group has for decades been a pioneer in R&D investment in electrical and mechanical engineering and technology services for smart cities, working hand-in-hand with customers to deliver advanced professional solutions that create value for the communities. The opening of ATAL Tower and ATAL Design, Research and Training Centre marks not only a milestone for the Group but also our confidence in the future, and continuous investment in Hong Kong.”
The Secretary for Development of the Hong Kong SAR Government The Hon Bernadette Linn said that it was more challenging to transform an industrial building than to rebuild it, posing significant difficulties. She congratulated the remarkable results of the ATAL Engineering Group for not only revitalising an industrial building but also adopting advanced technologies. She said it was encouraging that the successfully revitalised ATAL Tower is the first to meet the Government’s requirements by allocating 10% of its floor space for function that benefits social development, transforming it into a design, research and training centre, setting a benchmark. She is pleased to see that this research centre not only focuses on research but also supports training, hoping the centre would capitalise on its strengths to contribute to the entire construction sector.
ATAL Tower incorporates design, research, training as well as office functions. Transformed from a traditional industrial facility into an intelligent building with Provisional Platinum rating under BEAM Plus New Buildings V2.0, ATAL Tower features energy saving as well as renewable energy systems, including innovative chilled beam air supply technology, oil-free chillers, and photovoltaic pavers and panels. The “Smart Building Platform”, developed by ATAL, serves as the building’s “central nervous system” that integrates and controls HVAC, lighting, IoT sensors, and electrical and mechanical facilities throughout the building, leveraging artificial intelligence for analysis and optimisation to achieve approximately 30% reduction in annual energy consumption and carbon emissions, while creating a more comfortable indoor environment. The building also harmoniously integrates indoor plants with outdoor landscaping to cultivate an environment that enhances occupant wellbeing.

Photo 2: The ceremony was witnessed by Mr Ye Shui Qiu, Deputy Director-General, Department of Educational, Scientific and Technological Affairs, Liaison Office of the Central People's Government in the Hong Kong SAR, government officials, industry representatives and partners.
Photo 2: The ceremony was witnessed by Mr Ye Shui Qiu, Deputy Director-General, Department of Educational, Scientific and Technological Affairs, Liaison Office of the Central People’s Government in the Hong Kong SAR, government officials, industry representatives and partners.

Photo 3: ATAL Engineering Group Chairman Dr Kim Mak remarks during his address that the opening of ATAL Tower and the ATAL Design, Research and Training Centre represents not only a significant milestone in ATAL’s development but also the Group's confidence in the future and continuous investment in Hong Kong, to drive innovation and advancement of engineering.
Photo 3: ATAL Engineering Group Chairman Dr Kim Mak remarks during his address that the opening of ATAL Tower and the ATAL Design, Research and Training Centre represents not only a significant milestone in ATAL’s development but also the Group’s confidence in the future and continuous investment in Hong Kong, to drive innovation and advancement of engineering.

Photo 4: The Secretary for Development of the Hong Kong SAR Government The Hon Bernadette Linn says that the successfully revitalised ATAL Tower is the first to meet the Government’s requirements by allocating 10% of its floor space for function that benefits social development.
Photo 4: The Secretary for Development of the Hong Kong SAR Government The Hon Bernadette Linn says that the successfully revitalised ATAL Tower is the first to meet the Government’s requirements by allocating 10% of its floor space for function that benefits social development.

Photo 5: The Secretary for Development The Hon Bernadette Linn (centre of photo 5) and Mr Ye Shui Qiu, Deputy Director-General, Department of Educational, Scientific and Technological Affairs, Liaison Office of the Central People's Government in the Hong Kong SAR (first right of photo 5) tour the ATAL Design, Research and Training Centre, accompanied by ATAL Engineering Group Chairman Dr Kim Mak (second right of photo 5), and Managing Director Mr Brian Cheng (second left of photo 5). The visit showcases ATAL portfolio of advanced construction methodologies and innovative technologies, which help spearhead intelligent and low-carbon transformation across the engineering sector.
Photo 6: The Secretary for Development The Hon Bernadette Linn (centre of photo 5) and Mr Ye Shui Qiu, Deputy Director-General, Department of Educational, Scientific and Technological Affairs, Liaison Office of the Central People's Government in the Hong Kong SAR (first right of photo 5) tour the ATAL Design, Research and Training Centre, accompanied by ATAL Engineering Group Chairman Dr Kim Mak (second right of photo 5), and Managing Director Mr Brian Cheng (second left of photo 5). The visit showcases ATAL portfolio of advanced construction methodologies and innovative technologies, which help spearhead intelligent and low-carbon transformation across the engineering sector.


Photo 5 & 6: The Secretary for Development The Hon Bernadette Linn (centre of photo 5) and Mr Ye Shui Qiu, Deputy Director-General, Department of Educational, Scientific and Technological Affairs, Liaison Office of the Central People’s Government in the Hong Kong SAR (first right of photo 5) tour the ATAL Design, Research and Training Centre, accompanied by ATAL Engineering Group Chairman Dr Kim Mak (second right of photo 5), and Managing Director Mr Brian Cheng (second left of photo 5). The visit showcases ATAL portfolio of advanced construction methodologies and innovative technologies, which help spearhead intelligent and low-carbon transformation across the engineering sector.

Photo 7: Transformed from an industrial facility to an intelligent building with Provisional Platinum rating under BEAM Plus New Buildings V2.0, ATAL Tower exemplifies a successful transformation under the Hong Kong SAR Government's Revitalisation Scheme for Industrial Buildings. Equipped with energy-efficient systems and renewable energy facilities, and utilising artificial intelligence analytics, the building achieves approximately 30% reduction in annual energy consumption and carbon emissions.
Photo 7: Transformed from an industrial facility to an intelligent building with Provisional Platinum rating under BEAM Plus New Buildings V2.0, ATAL Tower exemplifies a successful transformation under the Hong Kong SAR Government’s Revitalisation Scheme for Industrial Buildings. Equipped with energy-efficient systems and renewable energy facilities, and utilising artificial intelligence analytics, the building achieves approximately 30% reduction in annual energy consumption and carbon emissions.

Hashtag: #ATAL

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

About ATAL Engineering Group

Established in 1977, ATAL Engineering Group is a leading provider in electrical and mechanical (“E&M”) engineering solutions and information and communications technology (“ICT”) services for smart cities, with headquarters in Hong Kong and operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies (“ICBT”) and Lifts & Escalators.

The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. (“TEI”), one of the largest independent lifts and escalators companies in New York, the United States. The Group’s associate partner, Nanjing Canatal Data Centre Environmental Tech Company Limited (603912.SS), specialises in manufacturing of precision air conditioners.

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Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

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Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

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

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Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”

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Today’s biggest stars express individuality and confidence with natural diamonds

NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.

Desert diamonds

Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.

Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.

Magnificent Diamond Earrings

A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.

Standout Diamond Moments

Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.

Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.

Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds





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Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026

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The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM

SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.

HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.

This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.

Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.

Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.

With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.

For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026

Hashtag: #HLBankSingapore

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

HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.

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