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HGC Embarks on Strategic Transformation to Harness AI and Digital Opportunities

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Transformation strengthens its structure to accelerate innovation and market agility

HONG KONG SAR – Media OutReach Newswire – 25 November 2025 – HGC Global Communications (“HGC” or the “Group”), today announced a strategic transformation designed to capture new opportunities in an AI-driven, digital-first economy. As markets atmosphere gradually turn positive and technology accelerates change, this evolution positions the Group to lead by unlocking new business models, enhancing customer experiences, and driving sustainable growth through innovation and market expansion.

(from left to right) Daniel Chung, Chief Technical Officer and Executive Vice President – Carrier Business of HGC; Rainbow Wong, Chief Commercial Officer – Corporate and Enterprise Business of HGC; Argon Ho, Chief Commercial Officer – Group ICT Business of HGC; Ben Wu, Chief Commercial Officer – Consumer & Mass Market of HGC

Building on its robust telecommunications infrastructure and integrating advanced digital solutions, HGC is leveraging emerging trends such as artificial intelligence, cloud technologies, and data-driven platforms to maximize operational synergy and drive sustainable growth. This initiative reaffirms HGC’s commitment to innovation while fortifying its five core business segments — Corporate and Enterprise Business, Consumer Market, Local Carrier, International Business, and ICT Business.

Andrew Kwok, Chief Executive Officer of HGC, said, “This strategic transformation underscores HGC’s commitment to harnessing the AI boom and the accelerating wave of digitalization at a time when markets are showing some positive signs. We are not just adapting to change — we are participating in shaping and contributing to what lies ahead. To drive this transformation forward, we have appointed experienced leaders to key roles. I warmly congratulate to them on their new responsibilities — their proven expertise and innovative mindset will accelerate our journey, enhance collaboration both internally and externally, and ensure we seize new opportunities in this exciting era of growth. This strategic transformation reflects detailed planning and collaborative brainstorming, giving us confidence to move forward stronger as we embrace fresh opportunities and continued growth.”

Daniel Chung Expanded Role in Technical and Carrier Business

Daniel Chung will assume the role of Chief Technical Officer and Executive Vice President – Carrier Business, effective January 1, 2026. In his expanded role, Daniel will lead the local Engineering & Operations and Information Technology teams while continuing to drive the Carrier Business. This strategic alignment reinforces HGC’s operational and technical leadership across the organization. With over 30 years of experience in the telecommunications industry, Daniel brings a proven track record of success and innovation. His deep expertise and strong influence in the industry will enable him to foster synergy and further strengthen HGC’s technological competitive advantage.

Rainbow Wong Elevating Synergy Across Corporate & Enterprise Business

Rainbow Wong is appointed Chief Commercial Officer – Corporate and Enterprise Business as part of a major overhaul of HGC’s commercial operations, effective January 1, 2026. With over 25 years in Telecommunications & ICT industry, Rainbow has been instrumental in driving corporate market development and building strong customer and partner relationships. In her expanded role, Rainbow will continue to support corporate digitalization while addressing the rising demand from enterprise customers. Leveraging her deep experience in the corporate segment, she will strengthen synergy across Corporate and Enterprise teams to deliver integrated, customer-focused solutions that accelerate the transformation as to unlock new opportunities and align closely with evolving market needs.

Ben Wu – Driving Consumer Market Growth and Expanding Call Center Business

Ben Wu is appointed Chief Commercial Officer – Consumer & Mass Market, focusing on strengthening HGC’s consumer segment while further enhance the call center business to capture different market demand, effective January 1, 2026. In his new role, Ben will enhance call center capabilities to improve customer experience and support operations, while also offering digitalized call center services as a commercial solution for clients. He will further drive consumer market growth through innovative offerings and deeper customer engagement.

Argon Ho – Lead ICT Business, Solutions & Product

Argon Ho, Chief Commercial Officer – Group ICT Business, will assume leadership of ICT Business, Solutions & Product, and expand his role to outside Hong Kong’s market. Argon has over 30 years of experience in ICT, making him a recognized leader in global technology market. He is highly regarded for his expertise in strategic planning, data governance, cybersecurity, and enterprise solutions. Agron will enhance the technological partnership and business model around the global markets. He will continue to deepen the vertical expansion of mega size project and further enhance horizontal ICT spread-out in all sectors.

(from left to right) Cliff Tam, Senior Vice President, International Business & Global Data Strategy of HGC; Ravindran Mahalingam, Senior Vice President, International Business & Digital Infrastructure of HGC
(from left to right) Cliff Tam, Senior Vice President, International Business & Global Data Strategy of HGC; Ravindran Mahalingam, Senior Vice President, International Business & Digital Infrastructure of HGC

Cliff Tam and Ravindran Mahalingam – Continue to Expand Global Digital Infrastructure and Drive Expansion into Southeast Asia

HGC accelerates its international growth strategy by enhancing its traditional international business and deepening its presence in Southeast Asia. Cliff spearheads the transformation of traditional international business, driving growth in carrier business, wholesale and international enterprise segments. At the same time, Ravindran focuses on expanding HGC’s global reach in the Southeast Asia in-country infrastructure and share network business model. The above strategy positions Hong Kong as an international telco and ICT hub and further strengthens its role as a bridge connecting the global telecommunications arena across different countries.

At this juncture, the company would also like to extends its sincere appreciation to two senior management members, Lee Kwan and Alvin Wong, who have reached retirement age. The company acknowledges their outstanding contributions and leadership over the years and wishes them continued success and fulfillment as they embark on a new chapter.
Hashtag: #HGC

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

HGC Global Communications Limited (HGC)

HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 20 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data center services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fiber-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group’s digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia.
To learn more, please visit HGC’s website at: www.hgc.com.hk

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ZenaTech Expands AI Drone Commercialisation as DaaS Contributes 93% of Q1 Revenue

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VANCOUVER, CANADA – Media OutReach Newswire – 22 July 2026 – ZenaTech (Nasdaq: ZENA) is combining AI-powered drone technology, enterprise software and professional services through its Drone-as-a-Service (DaaS) model, supporting commercial applications across engineering data collection, agriculture, warehouse management, facility inspection and property maintenance.

Through DaaS, enterprise customers can access drone equipment, trained personnel, mission execution, data collection and project deliverables without purchasing and maintaining a complete in-house drone system. The model extends ZenaTech’s business beyond equipment sales and enables the company to generate recurring service revenue from customers’ operational requirements.

ZenaTech reported revenue of CAD 8.4 million for the first quarter of 2026, an increase of 640% from CAD 1.13 million in the same period of 2025. DaaS contributed approximately CAD 7.8 million, accounting for around 93% of quarterly revenue.

In 2025, the company generated annual revenue of CAD 12.9 million, up 558% from approximately CAD 2 million in 2024. DaaS contributed approximately CAD 10.1 million during its first full year of operations, representing around 78% of total annual revenue.

Acquisitions Support Service Network Expansion

ZenaTech has expanded its DaaS operations through a combination of internal technology development and acquisitions. The acquired businesses bring existing customers, professional teams and local operating capabilities, while ZenaTech gradually introduces drones, automated data collection and AI-supported analytics into selected workflows.

In 2025, the company completed 20 acquisitions, including 19 businesses providing engineering data, facility inspection and related professional services, as well as one enterprise software company.

By June 2026, ZenaTech had completed its 24th DaaS-related acquisition and expanded its services into property cleaning, facility inspection and maintenance.

Through its ZenaDrone subsidiary, ZenaTech has also developed drone products for indoor and outdoor operations. The IQ Quad supports site data collection, engineering imagery and 3D modelling, while the IQ Nano uses barcode and RFID scanning to support inventory records, shelf inspections and indoor data collection.

The company’s reported revenue growth, acquisition activity and DaaS contribution provide investors following the AI and drone sectors with measurable indicators of how its technologies are being integrated into commercial operations and converted into service revenue.

Hashtag: #ZenaTech

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

About ZenaTech

ZenaTech (Nasdaq: ZENA) is a technology company specialising in AI-powered drones, Drone-as-a-Service (DaaS), enterprise SaaS solutions and related technologies. Through its ZenaDrone subsidiary, the company develops drone products and software for commercial applications including engineering data collection, agriculture, warehouse management, facility inspection and property maintenance. ZenaTech combines its technology capabilities with a growing professional service network to support the adoption of drone-based solutions across a range of operational environments.

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A Defining Milestone for Gene Solutions: SPOT-MAS Multi-Cancer Screening Test Receives U.S. FDA Breakthrough Device Designation

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HONG KONG SAR – Media OutReach Newswire – 22 July 2026 – Gene Solutions – a global biotechnology company advancing accessible genomic solutions for cancer detection and precision oncology, announced that SPOT-MAS 10 has received Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA). This designation marks an important regulatory milestone for Gene Solutions and reflects the continued progress of SPOT-MAS as an AI-powered, multi-omic platform for early cancer detection.

SPOT-MAS Multi-Cancer Screening Test Receives U.S. FDA Breakthrough Device Designation

The proposed indications for use describe SPOT-MAS 10 as a qualitative in vitro diagnostic test performed on plasma derived from a single direct-draw venous whole blood specimen. The test analyzes circulating cell-free DNA methylation and fragmentomic signatures using a machine-learning-based algorithm to detect a cancer-associated signal. It is intended for use as an adjunctive screening test in asymptomatic adults aged 40 years and older to assist in detecting cancers within the scope of the assay. These include five common cancers — breast, lung, liver, colorectal and gastric cancers — and five aggressive, less common cancers that currently lack standard screening methods — ovarian, pancreatic, esophageal, endometrial and head & neck cancers.

SPOT-MAS has been developed through years of rigorous scientific research and clinical development. In March 2025, SPOT-MAS became the first multi-cancer screening blood test in Asia to complete a large prospective cohort validation, with the K-DETEK study evaluating more than 9,000 asymptomatic participants and demonstrating strong performance, including high specificity and the ability to identify cancer-associated signals across multiple cancer types.

Since then, SPOT-MAS has been used in more than 100,000 individuals in real-world practice, with consistent performance observed beyond controlled study settings. Real-world data were presented at ESMO Asia 2025 and were featured at ASCO Breakthrough 2026 in Singapore.

The platform is built on a multi-omic approach— integrating genetics, epigenetics, and fragmentomics — together with AI-driven analysis, large-scale prospective validation, growing real-world evidence and focus on cancer types with high clinical relevance in the regions where the test is deployed.

For the United States, Breakthrough Device Designation provides Gene Solutions with a prioritized channel of engagement with the FDA as the company advances its U.S. development and validation plans.

Looking ahead, Gene Solutions will continue to collaborate with academic, clinical, laboratory, commercial and strategic partners to support responsible adoption of SPOT-MAS in accordance with local regulations, clinical guidelines and best practices.

Important Regulatory Notice: SPOT-MAS 10 has received U.S. FDA Breakthrough Device Designation. Breakthrough Device Designation is not FDA approval, clearance or marketing authorization. The device remains subject to applicable FDA regulatory review requirements, and the designation does not guarantee future FDA approval, clearance or authorization.

For more information, visit https://spotmas.com.hk

Contact:
hk***@***********ns.com
Source: Gene Solutions Hong Kong Limited.
SPOTMAS_062026_04

Hashtag: #SPOTMAS

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

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St Francis Methodist School International Shares 2023–2024 WACE Outcomes and Student Journeys

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SINGAPORE – Media OutReach Newswire – 22 July 2026 – St Francis Methodist School International (SFMS) has released its latest academic results for students in the Western Australian Certificate of Education (WACE) programme. The outcomes reflect steady ATAR performance and a range of university placements through the school’s pre-university programmes.

St Francis Methodist International School pre university programmes

Overview of the WACE Curriculum at SFMS

SFMS International is among a small number of institutions in Singapore offering the WACE curriculum and has delivered this programme for over 23 years. The WACE is a recognised senior secondary qualification awarded by the School Curriculum and Standards Authority (SCSA) on behalf of the Ministry of Education, Western Australia. It prepares students for university admission both locally and internationally.

SFMS is also currently the only school in Singapore offering a Senior High Preparatory Pathway (WACE) for students in Years 9–10. This introduces students to the structure and expectations of the curriculum earlier, building familiarity with subject content and assessment formats before progressing to the senior years. Additionally, subject selection in Years 11A and 12A is structured to meet university entry requirements and reflect students’ academic interests.

Academic Outcomes and University Placements

In 2023, 8 out of 12 WACE graduates from SFMS International achieved ATAR scores above 90, meeting the eligibility criteria for universities such as the National University of Singapore (NUS) and Nanyang Technological University (NTU). The cohort’s top scorer, Wang Dawei, recorded an ATAR of 96.15 and enrolled at NTU to study Business and International Trading. In addition to local placements, graduates were admitted to international universities such as the University of Melbourne and Fudan University in China.

In 2024, 2 out of 8 graduates also attained ATAR scores above 90. The highest scorer, Youn Chae-Won, achieved an ATAR of 95.3. Her university placement is currently pending.

Student Journeys and Holistic Development

Students in the WACE programme at SFMS International engage in both academic and co-curricular activities as part of their overall learning experience. Recent graduates have taken part in service learning, subject specialisation, and personal reflection throughout their time in the pre-university programme.

Youn Chae-Won, the 2024 valedictorian, joined SFMS International from Korea in 2021. Over time, she adjusted to a new academic environment and explored subjects such as accounting, which influenced her interest in finance-related pathways. She also took part in various aspects of school life, including a service learning trip to Bintan in 2023, where students supported local sanitation efforts. Her involvement in both academic and co-curricular settings marked a broad engagement with school life during her time at SFMS.

Andrew Zhuang, who enrolled in SFMS International in 2019, pursued subjects such as Business Management, Accounting, and English as an Additional Language (EALD). Beyond academics, he was involved in community fundraising and joined the same Bintan service trip. He also attended weekly chapel sessions and received support from peers and teachers during a period of health-related absence.

These outcomes reflect the ongoing role of the WACE programme at SFMS International in supporting students through both academic pathways and broader educational experiences. Under the leadership of Principal Mr Lee Hak Boon, the school continues to emphasise academic planning, subject selection, and student wellbeing as part of its overall approach to pre-university education.
Hashtag: #StFrancisMethodistSchoolInternational




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

About St Francis Methodist School International

Established in 1960, St Francis Methodist School International (SFMS) is an educational institution in Singapore that offers primary, secondary, and pre-university programmes. The school provides several academic pathways, including the International Baccalaureate (IB), Cambridge IGCSE, and the Western Australian Certificate of Education (WACE), preparing students for further studies in local and overseas institutions.

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