SINGAPORE – Media OutReach Newswire – 19 March 2025 – Acclaimed Singaporean actor and cultural icon Li Nan Xing is thriving in his new role as the face of NJHealth NMN 20000mg, the cutting-edge healthy ageing supplement revolutionising the wellness industry in Singapore. Known for his enduring vitality and charisma, Li Nan Xing’s endorsement underscores the product’s efficacy and aligns with his personal commitment to maintaining vitality as he ages.

Li Nan Xing, often called the “King of Caldecott Hill,” is no stranger to the demands of a high-pressure lifestyle. At 60, he remains a beacon of health and resilience, and he credits NJHealth NMN 20000mg for helping him sustain his energy and well-being.

“As someone who believes in ageing gracefully while staying active, I was drawn to NJHealth NMN 20000mg for its science-backed benefits,” Li Nan Xing said.

“Since incorporating it into my daily routine, I’ve noticed a significant boost in my energy and focus. It’s a game-changer for anyone looking to maintain their vitality and zest for life.”

Empowering Singaporeans to Age Smarter – Unlocking the Science of Healthy Ageing

NJHealth NMN 20000mg is specially formulated with patented technology to boost NAD⁺ levels to support healthy ageing. Each capsule contains 200mg of NMN with a recommended dose of two capsules daily, or as recommended by healthcare professionals. Manufactured in Japan under Good Manufacturing Practices (GMP), the supplement is rigorously tested by third-party accredited labs for purity and quality.

Nicotinamide Mononucleotide (NMN)is a derivative of Vitamin B3 and a precursor of nicotinamide adenine dinucleotide (NAD+), a coenzyme essential for energy and cell function. NAD+ also supports sirtuins, which regulate metabolism and gene health. Since NAD+ declines with age, boosting its levels through NMN supports healthy cell function, increase energy levels, and promotes overall well-being.

NJHealth NMN 20000mg is now available online and at Guardian pharmacy outlets in Singapore. Visit www.njhealth.com.sg for product details and testimonials.
Hashtag: #NJHealth

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

NJHealth

NJHealth is a new brand under Nin Jiom Group. NJHealth NMN 20000mg healthy ageing supplement is the first product under the new NJHealth brand name. Nin Jiom is an iconic name widely known in Asia. Founded in 1946, the pioneer in modern Chinese medicine is best known for Nin Jiom Pei Pa Koa, a herbal cough syrup trusted for generations for its ability to nourish the lung, eliminate phlegm, relieve cough, soothe the throat and remove heat. The NJHealth brand has been created to showcase another side of the company, one that is more from a scientific and technological perspective. Singapore is the first market for its NMN 20000mg healthy ageing supplement which comes in 100-capsule bottles.

• Recent regulatory changes enhance credibility for corporate trustees but add to complexity and costs

• New eMPF Platform to reshape Hong Kong’s pension system and bring wave of change for pension trustees

HONG KONG SAR – Media OutReach Newswire – 18 March 2025 – Access to Chinese Mainland clients, Asia’s growing private wealth sector and improving industry credibility are underpinning a positive outlook for Hong Kong’s trust industry, provided practitioners can overcome the headwinds of increasing compliance costs and access to talent, according to a survey from the Hong Kong Trustees’ Association (HKTA) and KPMG.

The HKTA and KPMG conducted interviews with government officials and regulators, and almost 30 trust industry executives, alongside a digital survey of HKTA member institutions, in order to gauge the health of the sector, which performs a vital role in safeguarding assets held in pension schemes, as well as in corporate, charitable, private and public trusts.

Hong Kong’s trust market grew by 10% from 2021 to 2023, with HK$5,188 billion (US$667 billion)[1] of assets held under trusts at the end of 2023, compared with HK$4,719 billion (US$606 billion) when the previous HKTA-KPMG report was issued in 2021.

When considering the most significant growth engines over the next few years, 24% of respondents identified Chinese Mainland and Greater Bay Area (GBA) connectivity initiatives, such as Wealth Management Connect. A further 18% selected the Capital Investment Entrant Scheme (CIES) under which the Hong Kong SAR government has been attracting capital and family offices, and 18% selected similar initiatives focused on family offices and philanthropy.

The report found that recent regulatory developments are increasing confidence and enhancing protection for investors. These include the introduction of RA13 for depositaries of SFC-authorized Collective Investment Schemes (CISs) and the Hong Kong Monetary Authority’s Supervisory Policy Manual Module (TB-1). Sixty four percent (64%) of survey respondents said the regulatory regime is conducive to business, compared with 51% in 2021.

However, while new regulations are improving the business environment, they are also proving challenging to implement. Almost two-thirds of survey respondents (64%) reported that their compliance costs had increased by at least 5% to 15% over the past 12 months, partly because of increasing regulatory complexity.

Attracting talent was also seen as a significant industry headwind, with Legal & Compliance roles and Trust Administration the two most critical functions.

Hong Kong’s trust and fiduciary industry plays a critical role in the city’s success as a major international financial centre, employing a diverse range of professionals across banks, independent trust companies, insurers, private banks and legal, tax and accounting providers. The sector is critical in protecting the financial wellbeing of the vast majority of Hongkongers, including 87% of the working population who have assets held under the MPF[2] and ORSO[3] schemes.

Launching the report, HKTA Chairman Ms. Ka Shi Lau said: “Trustees continue to play a crucial role in Hong Kong’s financial system, and their importance is particularly evident in the MPF system, which is pivotal in safeguarding the retirement assets of Hong Kong people. With 2025 marking the 25^th anniversary of MPF, it is fitting that the 4^th Trust Industry Report is released in celebration of this milestone and provides an endorsement of the system’s good health. Moreover, the recent transition to the new eMPF Platform is a significant step forward for fund visibility and member-centricity. However, it will also bring both challenges and opportunities for trustees.”

Arion Yiu, Partner, Asset Management, Hong Kong, for KPMG China adds: “Pension funds remain the largest asset category held under trusts, underscoring the significance of the trustee role in safeguarding Hong Kong’s retirement savings. The transition to eMPF, while presenting challenges, will also compel the trust industry to explore new avenues for differentiation and place a greater emphasis on governance to better serve MPF members.”

Vivian Chui, Head of Securities and Asset Management, Hong Kong, for KPMG China said: “Recent regulatory developments have increased Hong Kong’s attractiveness and credibility as both a funds and a trust centre. However, this positive momentum must be met with a proactive approach to talent acquisition. Showcasing the diverse and rewarding career paths available within the industry will be crucial to attracting the next generation of professionals.”

Ms. Ka Shi Lau further commented: “While compliance, reporting and regulatory requirements are becoming increasingly stringent, these new standards are also bringing with them increased credibility. Hong Kong is rolling out the red carpet for global wealth. The trust industry needs to step up now, work together, and be proactive in serving these clients or risk missing out on the opportunity to solidify Hong Kong’s position as a leading global trust centre.”

For a full copy of the report, please visit the HKTA Website or the KPMG Website.

Hashtag: #KPMG

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

The Hong Kong Trustees’ Association

The Hong Kong Trustees’ Association Limited (HKTA) was established in 1991 by members of the trust and fiduciary services sectors to represent the trust industry in Hong Kong, particularly in the areas of legislation and education. It is a not-for-profit company limited by guarantee and incorporated in Hong Kong. The HKTA currently has more than 220 corporate and individual members, and represents thousands of people working in the trust, pensions, private banking, asset servicing, legal, accounting and other professional services fields.

Mission:

• Represent the trust industry in promoting high standards of professionalism, corporate governance and regulatory compliance;
• Contribute towards advancing the status of Hong Kong trust professionals and that of the industry internationally;
• Represent the industry to the government, the media, local and international professional bodies and the public in promoting Hong Kong as an international trust and fiduciary services centre;
• Promote quality standards for the industry by the issuance of Best Practice Guides applicable to corporate trusts, pension schemes, private trusts and charitable trusts;
• Contribute towards enhancing the education and knowledge of practitioners in the trust industry through relevant trust accreditation and training programmes.
• Contribute towards enhancing public education on trust fraud.

KPMG

KPMG in China has offices located in 31 cities with over 14, 000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. It started operations in Hong Kong in 1945. In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. In 2012, KPMG became the first among the “Big Four” in the Chinese Mainland to convert from a joint venture to a special general partnership.

KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organisation or to one or more member firms collectively.

KPMG firms operate in 142 countries and territories with more than 275, 000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.

Celebrating 80 years in Hong Kong

In 2025, KPMG marks “80 Years of Trust” in Hong Kong. Established in 1945, we were the first international accounting firm to set up operations in the city. Over the past eight decades, we’ve woven ourselves into the fabric of Hong Kong, working closely with the government, regulators, and the business community to help establish Hong Kong as one of the world’s leading business and financial centres. This close collaboration has enabled us to build lasting trust with our clients and the local community – a core value celebrated in our anniversary theme: “80 Years of Trust”.

• The acquisition strengthens TBS’s integrated environmental solutions portfolio in Southeast Asia, in line with its TBS2030 carbon neutrality target.
• TBS is getting closer to its vision of fully transitioning into a sustainability-focused and environmental solutions company.

JAKARTA, INDONESIA – Media OutReach Neswire – 18 March 2025 – SPT TBS Energi Utama Tbk. (“TBS”) has completed its 100% acquisition of Sembcorp Environment Pte. Ltd. (“SembEnviro”) through its subsidiary, SBT Investment 2 Pte. Ltd. (“SBT Investment”). This acquisition marks a significant milestone in TBS’s regional expansion in the waste management and environmental solutions sector, starting with Indonesia and Singapore.

Singapore is a pivotal market for TBS, and this acquisition marks an important milestone in TBS’ ongoing commitment to invest in and enhance Singapore’s environmental services sector. Through SembEnviro, the company plans to further expand its capabilities locally, ensuring alignment with the nation’s sustainability vision and maintaining high service standards for its customers and partners.

This strategic move builds upon TBS’s ongoing expansion efforts, following the 2023 acquisitions of Asia Medical Enviro Services Pte. Ltd. in Singapore and ARAH Environmental Group in Indonesia. The acquisition reinforces TBS’s commitment to achieving its TBS2030 sustainability targets. DBS Bank Ltd is the sole financial adviser to TBS in relation to the acquisition of SembEnviro.

Lim Hwee Hua, Director of SBT Investment, stated, “We are excited to welcome the SembEnviro team into the TBS family. Their expertise and experience will accelerate our transformation into a regional market leader dedicated to sustainable environmental solutions.”

With this acquisition, TBS further strengthens its sustainability ventures that consist of three key pillars – waste management, renewable energy and two-wheeler electric vehicles. TBS is committed to translating its vision into concrete action.
Hashtag: #TBS

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

About TBS

PT TBS Energi Utama Tbk (IDX: TOBA) is a publicly listed integrated energy company leading the transition in Indonesia’s energy sector through sustainable development. With a diverse business portfolio that includes waste management, renewable energy and electric vehicles, TBS is dedicated to reducing its carbon footprint and promoting environmental sustainability from low-carbon growth. Operating across multiple sites in Singapore and Indonesia, including Gorontalo, East Kalimantan, Batam, Lampung and Central Java, TBS employs over 2,000 people who are integral to its mission of sustainable growth and innovation. The company’s strategic focus Towards a Better Society 2030 (TBS2030) emphasizes its commitment to achieving carbon neutrality by 2030, in alignment with Indonesia’s Net Zero Carbon 2060 goals. Through continuous innovation and a commitment to responsible growth, TBS aims to create a positive impact on communities and contribute to a greener, more sustainable future.

For more information about our green business journey, visit www.tbsenergi.com