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ONYX Hospitality Group Announces Joint Venture with Equatorial Group: “EQ Phuket”, a New Luxury Hospitality Development in Phuket, Thailand
The official joint venture signing ceremony took place on 18 November 2024, a moment which symbolised the shared vision and strong partnership between ONYX Hospitality Group and Equatorial Group. With a total investment of THB 2,500 million, the new development will be located on Kata Beach, one of Phuket’s most iconic and scenic locations. The rare and prime site features both stunning hilltop views and direct beach access, making it a highly sought-after destination for discerning travellers. The project will be located next to a new F&B destination.
The Equatorial Group has set a new standard for hospitality in Malaysia with its flagship EQ in Kuala Lumpur: the combination of its stylish design and exceptional guest experience along with its reputation for having some of the finest food & beverage venues in the city has won it international acclaim (most recently as Kuala Lumpur’s #1 hotel for the third consecutive year by Travel + Leisure Asia). As a joint venture partner, Equatorial Group brings its deep-rooted commitment to quality and guest-focused luxury, making this partnership a strong blend of strengths that promises to create an outstanding hotel property in Phuket.
Its unwavering commitment to excellence and attention to detail make Equatorial Group the ideal JV partner for ONYX Hospitality Group in this exciting project in Phuket, combining the strengths of both brands to deliver a truly exceptional experience.
Yuthachai Charanachitta, Chief Executive Officer of ONYX Hospitality Group, expressed his enthusiasm for the project, stating, “The new joint venture with Equatorial Group represents a pivotal step in our growth strategy, underscoring our commitment to delivering world-class hospitality experiences. By combining ONYX’s tailored approach with Equatorial Group‘s expertise, we are confident this project will set a new standard in luxury hospitality. The unique location, paired with spacious rooms and exceptional amenities, will make it a must-visit destination. Together, we are not only creating a spectacular property but also strengthening our position in the region and enhancing the tourism landscape of Phuket.”
Donald Lim, Chief Executive Officer of Equatorial Group, commented: “Equatorial has been at the forefront of the hospitality industry for over fifty years in Malaysia. We are driven by our mission to create exceptional and enduring experiences with a distinctively Asian touch and our partnership with ONYX aligns perfectly.” He further elaborates, “the introduction of our EQ brand at the uppermost tier has taken the Malaysian hospitality industry to a new level. This exciting project begins the expansion of the EQ brand and we are delighted to be doing so with ONYX.”
EQ Phuket is slated to offer 180 spacious units, catering to a wide range of regional, long-haul, and short-haul markets. Designed by one of the region’s leading architects, the resort will offer an unparalleled combination of hilltop serenity and beachfront luxury. Guests will have access to a range of world-class amenities, including expansive F&B outlets and exclusive facilities located directly on the beach plot.
Sustainability will be a central focus in the design and construction of this new project. The buildings will seamlessly blend with the natural landscape, ensuring that no large trees are removed. There is also a commitment to preserving a significant green space, with significant majority of the overall area dedicated to greenery.
The new venture reflects ONYX Hospitality Group’s commitment to growth, excellence, and delivering personalised guest experiences. With a focus on a ‘Tailored Approach to Hospitality,’ ONYX strives to be the best medium-sized hospitality management company in Southeast Asia. This vision drives their operations, ensuring each guest enjoys a unique, world-class experience. Through this project in Phuket, ONYX continues its mission to create innovative and memorable experiences while expanding its presence in key markets.
The collaboration between ONYX Hospitality Group and Equatorial Group underscores the strength of their partnership, founded on shared goals and a commitment to quality. This joint venture is set to drive future growth for both companies, creating a standout property in one of Thailand’s most coveted destinations. Combining architectural excellence, natural beauty, and expansive facilities, the project is poised to become a flagship for ONYX and a new highlight in Phuket’s thriving tourism scene.
For more information on ONYX Hospitality Group please visit: www.onyx-hospitality.com
Hashtag: #ONYX
The issuer is solely responsible for the content of this announcement.
Media OutReach
Luxshare Precision Announces 2025 Interim Results, IPO in Hong Kong Further Expands Global Competitiveness
The three major business sectors grew in coordination, all achieving year-on-year increases.
Nowadays, Luxshare Precision has established a strategic framework for the coordinated development of its three major business segments: Consumer Electronics, Communications and Data Center, and Automotive Electronics.
The consumer electronics segment, serving as the company’s revenue foundation, performed steadily. It achieved income of RMB 97.799 billion in the first half of 2025, a year-on-year increase of 14.32%. As the consumer electronics industry enters a new innovation cycle driven by AI, Luxshare Precision has successfully introduced multiple new product projects and continues to deepen cooperation with customers in emerging fields, such as AR/VR, consumer-grade 3D printing and robotics. On July 19, the Luxshare Robotics Headquarters Base project commenced construction, aiming to put into operation by the end of 2025. Once fully operational, it is expected to generate an annual output value of RMB 10 billion.
The communications and data center sector achieved revenue of RMB 11.098 billion in the first half, a year-on-year increase of 48.65%. The company possesses deep technological accumulation in data centers, providing customers with products and services ranging from high-speed copper cable interconnection (DAC/ACC, etc.), high-speed backplane connectors to high-speed optical modules, and integrated “copper, optical, electrical, thermal” solutions. Currently, multiple high-speed, high-value-added products from Luxshare Precision are being delivered in batches.
The automotive electronics also performed well, achieving income of RMB 8.658 billion, a significant year-on-year increase of 82.07%. The Tier 1 automotive business has gained recognition from multiple global mainstream automakers. Currently, the automotive business is in a rapid development phase, having established vertical integration capabilities from key automotive components to functional modules and system integration. Its product portfolio continues to enrich, and the customer base is continuously expanding.
Strategic acquisitions of two companies in the first half of the year to enhance diversified deployment
In the first half of the year, through a series of strategic acquisitions, Luxshare Precision continued to strengthen its technological capabilities and market position. At the beginning of the year, Luxshare Precision announced the acquisition of all shares in certain subsidiaries of Wingtech Technology. Through this acquisition, Luxshare Precision can expand its ODM scale and competitiveness. Leveraging Wingtech’s over 20% market share in the global mobile phone ODM market, it can provide vertical integrated ODM services to leading downstream brands, such as Samsung and Xiaomi. In July, Luxshare Precision’s Singapore subsidiary completed the acquisition of a 50.1% stake in Leoni AG，the century-old German automotive wiring harness company. Along with 100% ownership of its wholly-owned subsidiary Leoni K. Leoni’s global production bases will provide localized production capacity support, enabling Luxshare Precision to effectively enter the supply chains of global top-tier automakers.
Submitting Hong Kong IPO application to ride the tailwind of international capital markets
Notably, Luxshare Precision officially submitted a listing application to the Hong Kong Stock Exchange on August 18, 2025, marking a key step in its international strategic expansion. The Hong Kong IPO is expected to enable the company leverage the power of international capital markets to further enhance its global production capacity layout.
According to Frost & Sullivan, Luxshare Precision ranks fourth globally and first in mainland China in the Precision Intelligent Manufacturing Solutions (PIMS) industry, with leading positions in all its major business sectors, including Consumer Electronics, Automotive Electronics, and Communications & Data Centers. Among global PIMS providers, Luxshare Precision possesses the most comprehensive and diversified product portfolio. Through its continuous outstanding performance, the company was awarded “Fortune Global 500” for three consecutive years from 2023 to 2025. The company plans to use the raised funds to expand production capacity and upgrade existing production bases, invest in technological R&D, and high-quality targets in upstream/downstream or related industries. As globalization and intelligent transformation continue to advance, Luxshare Precision is expected to create greater value for global customers through multiple business sectors and global operations.
Hashtag: #LuxsharePrecision
The issuer is solely responsible for the content of this announcement.
Media OutReach
McLaren Racing Announces Trend Micro as an Official Partner of the McLaren Formula 1 Team
High-performance alliance built to stay ahead, on track and in cybersecurity
HONG KONG SAR – Media OutReach Newswire – 3 September 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, has been named an Official Partner of the McLaren Formula 1 Team for the remainder of the 2025 season and beyond.
Trend is helping fast-paced organisations like McLaren Racing stay ahead of threats by safeguarding operational systems and sensitive data, and ensuring operations remain secure.
Matt Dennington, Co-Chief Commercial Officer at McLaren Racing: “It is fantastic to have Trend join the McLaren Formula 1 Team as an Official Partner. Their expertise was invaluable when supporting the team in electric racing and we’re excited to build on that strong foundation as we head into this next chapter together.”
Cybersecurity is a critical part of modern motor sports, where milliseconds and data can make all the difference. The partnership continues to bring two brands with innovation at the heart of what they do and a commitment to securing evolving and fast-paced environments.
Kevin Simzer, Chief Operating Officer at Trend: “Partnering with McLaren Racing is more than just a sponsorship, it’s about shared mindset. We are both committed to being the best in our industries, pushing the boundaries of innovation with an eye for speed, security, and customer-first experiences that drive lasting impact. We’re excited to take this journey together and what it means to stay ahead of the curve and lead with confidence in a fast-moving world.”
As part of the partnership, Trend will engage customers and partners through a series of unique, high-touch moments throughout the Formula 1 season, combining world-class hospitality with access to the McLaren team and opportunities for deeper conversations around cybersecurity innovation and leadership – all designed to deliver the full Trend Experience.
Hashtag: #trendmicro #McLaren #McLarenRacing #McLarenF1
https://www.trendmicro.com
www.TrendMicro.com
Media OutReach
MyRepublic Launches AI Automation Box, An Industry-First Plug-and-Play AI Server That Lets SMEs Automate Their Business
MyRepublic’s AI Automation Box is a self-contained automation engine intended for organisations with 20 to 200 employees. It enables businesses to streamline operations, automate manual processes, and establish AI-driven workflows in a matter of days.
“The AI Automation Box is like having your own private AI lab, but it fits in your office and works out-of-the-box,” said Lawrence Chan, Managing Director and Chief AI Officer at MyRepublic. “We built this so any business, not just tech startups, can start automating like a Fortune 500 company.”
MyRepublic’s AI Automation Box combines an intuitive no-code/low-code workflow builder with the flexibility of custom coding, giving businesses the ability to design and deploy automations with ease. It comes equipped with self-hosted large language models (LLMs) from providers such as OpenAI, Meta, and DeepSeek, supported by enterprise-grade GPU hardware for reliable, high-performance execution.
To accelerate adoption, the solution includes a library of over 100 ready-to-use templates, tutorials, and access to the MyRepublic AI Academy, alongside a spreadsheet-like no-code database that allows users to build and manage data-driven applications through a familiar interface.
The solution is targeted at business owners, operations managers, and lean IT teams that require automation without heavy reliance on consultants or large-scale infrastructure. Typical applications include customer service, reporting, invoicing, and Human Resources automation.
AI technologies have traditionally been associated with high costs, complexity, and large enterprise adoption. The MyRepublic AI Box addresses these challenges by providing an integrated, on-premise solution that includes the necessary tools for automation. It operates without reliance on cloud subscriptions, vendor lock-ins, or extensive technical training, starting from $255/month.
“We’re taking what was once an enterprise luxury and making it an SME essential,” added Imran Nazi, Head of ICT. “The AI Automation Box is not just a product. It’s a movement to make automation a standard tool for every business.”
Discover MyRepublic’s AI Automation Box: https://myrepublic.net/sg/business/ai-automation-box/
Hashtag: #MyRepublic #AIAutomationBox #AIForSMEs #AIForBusiness #AIMadeSimple
https://myrepublic.net/sg/
https://www.linkedin.com/company/myrepublic
https://x.com/myrepublic
https://www.facebook.com/MyRepublicSG/
https://www.instagram.com/myrepublicsg/
The issuer is solely responsible for the content of this announcement.
MyRepublic Broadband Pte Ltd
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.
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