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UMCity Medini Lakeside Partners with Samsung, Ascott, Shama, OZO, MBO and Regus

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– UMCity strengthens its position as the premier development in Medini and Iskandar via tie-ups with international and established brands

– Ascott to open award-winning Citadines Apart’hotel serviced residences in UMCity

– Samsung S-1 Security Solutions Korea to provide comprehensive security solutions for UMCity

– Shama Medini will be the first Shama property in Malaysia and the second Shama upscale serviced apartments outside of Hong Kong and Shanghai

– OZO Hotels to operate OZO Medini in UMCity for the smart savvy travellers on the go

– MBO Cinemas to bring the latest technology in entertainment to UMCity Lakeside Shopping Centre

– Regus to set up its international brand of serviced offices at the UMCity Corporate Office Tower

– Total GDV of UMCity is RM1 billion, UMLand has previously signed documents with Samsung C&T and Samsung Malaysia Electronics

NUSAJAYA, Malaysia, March 18, 2015 /PRNewswire/ — United Malayan Land Bhd (UMLand)’s premier mixed development in Medini Iskandar, UMCity Medini Lakeside today welcomed five (5) new established partners (representing 6 brands) who will bring a new level of quality services to Iskandar Malaysia.

UMCity Medini Lakeside Partners with International Brands

UMCity Medini Lakeside Partners with International Brands

 

Signing Ceremony of UMLand (UMCity Medini Lakeside) with Onyx Hospitalit

Signing Ceremony of UMLand (UMCity Medini Lakeside) with Onyx Hospitalit

 

Datuk Chia Lui Meng, UMLand Group CEO interacting with the media

Datuk Chia Lui Meng, UMLand Group CEO interacting with the media

This is a significant milestone for UMLand in positioning itself to become the lifestyle developer and to provide luxury and quality products in all their projects. The RM1 billion Gross Development Value (GDV) UMCity is uniquely located next to a lake, offering an exclusive enclave for business and living.

These new strategic alliances are with The Ascott Limited, ONYX Hospitality Group, Samsung S-1 Security Solutions Korea, MCAT Box Office and Regus.

UMCity Medini Lakeside will be enhanced with award-winning serviced residences by The Ascott Limited, the largest international serviced residence owner-operator globally and in Malaysia. Ascott is set to provide both residents and visitors to the Iskandar development with contemporary vibrant living at Citadines Medini Nusajaya, the first Citadines Apart’hotel in Nusajaya. The Ascott has over 26,000 operating serviced residence units in over 200 properties worldwide.

The Ascott Limited’s Chief Investment Officer, Gerald Yong said, “There is significant potential for serviced residences in Iskandar, which is primed to be a key economic growth region in Malaysia as more multinational companies set up base in the area. We are delighted to partner with UMLand again to bring our award-winning Citadines brand of serviced residences to UMCity. Ascott was the first international serviced residence owner and operator in Nusajaya, a major new growth centre of Iskandar, where we recently opened Somerset Puteri Harbour Nusajaya and will be opening Somerset Medini Nusajaya later this year. Somerset Puteri Harbour Nusajaya is our first collaboration with UMLand in Nusajaya and it has been performing well since it opened last month.”

Comfort, style and luxury at UMCity will come in the form of Shama Medini, the first Shama property in Malaysia. The Shama Medini lifestyle serviced apartments, which will have a lakeside view, is the 11th property under the Shama brand, which has presence in Shanghai, Hangzhou, Hong Kong and Bangkok. Shama Medini in UMCity will provide an unparalleled level of lifestyle, luxury and comfort for the discerning business travellers, residents and expatriates in a new city.

OZO Medini will offer stylish hotel accommodation designed to cater to the diverse needs of the business and leisure travellers. Practical yet stylish, OZO Medini is all about getting the important things right – the things that matter to travellers. OZO Medini is the second planned OZO property in Malaysia, after OZO Penang.

Both the Shama and OZO brands are managed and operated by the ONYX Hospitality Group, which is well known for its Amari brand of hotels in Thailand and the Middle East.

“We are pleased to bring the Shama and OZO brands to UMCity Medini Lakeside. The location and development master plan resonate with our core values and growth strategy. All Shama serviced apartments are located in neighbourhoods that brim with life and character. Likewise, OZO which provides quality services that matter and understand the lifestyle needs of its guests are always chic and located in prime locations. We found the perfect fit for both Shama and OZO in UMCity Medini Lakeside,” said Peter Henley, President & CEO of ONYX Hospitality Group.

Working and setting up office in UMCity Medini Lakeside is made easy with the Regus Serviced Offices, which will be located on the 16th floor of the UMCity Corporate Office Tower. The Regus Serviced Offices in UMCity will feature serviced business suites, conference facilities and full office operations and management services, bringing a brand of professional business space into Medini and Nusajaya. The world’s largest provider of ready offices that serve as flexible workspaces, Regus offers bespoke packages in over 120 countries.

In the entertainment area, MCAT Box Office will set up an MBO Cinema, which will boast the latest technology in cinema entertainment at UMCity Medini Lakeside. One of the largest cinema chains in Malaysia, MBO Cinemas has more than 24 cinemas and 176 fully digitalised screens. This fast growing brand will provide exciting entertainment for UMCity Medini Lakeside residents and visitors.

UMLand also extends its partnership with Samsung by collaborating with another Samsung subsidiary, Samsung S-1 Security Solutions Korea for its total security solutions for the UMCity Medini Lakeside project. Samsung S-1 is an international security services company with over 38 years of international experience.

UMLand had earlier in 2013 and 2014 entered into a comprehensive partnership agreement with Samsung Corporation C&T for joint construction works and Samsung Malaysia Electronics as an exclusive Smart Lifestyle Partner and official supplier for consumer electronic products in UMLand’s current and future developments.

UMLand Group CEO, Datuk Charlie Chia Lui Meng said, “UMCity Medini Lakeside is expected to redefine metropolitan living. UMCity is Phase One of UMLand’s Medini Lakeside master plan, which is situated at the gateway into Medini Iskandar and is strategically positioned to be the ideal enclave. This one of its kind waterfront commercial development is designed for vibrant community living and work. We are very excited that these international partners are bringing brands that are a class of its own, to help turn the concept of UMCity Medini Lakeside into reality.”

Upon completion in 2018, UMCity will have a premium corporate office tower, two (2) internationally-branded serviced residences, one hotel, a lakeside shopping centre and a wide range of business suites. UMCity will be the home of the renowned brands of Citadines, Shama, OZO, MBO and Regus, whilst Samsung is the comprehensive solutions provider. These full-fledged branded facilities set UMCity apart from other developments.

UMLand’s development in Medini reflects the high level of confidence in the efforts to position Medini as the preferred destination for investment. With continuous support from the Malaysian federal government as well as the state government together with the participation of prominent industry players, these collaborations will take UMCity and Medini to the next level. It will contribute towards investors worldwide recognising it as another positive milestone, thus encouraging them to explore investment opportunities in Medini and to be part of the development of Iskandar Malaysia.

About United Malayan Land Bhd (UMLand)

UMLand operates two development divisions, namely the Township and Niche Divisions and a construction and building materials division called UM Land Builders Sdn Bhd. The Group has over 1,800 acres of undeveloped land in both Township and Niche Divisions.

The Township Division has four mixed township developments; Bandar Seri Alam, Taman Seri Austin and Taman Seri Albion are strategically located within Iskandar Malaysia, Johor whilst Bandar Seri Putra is situated in Selangor.

The Niche Division has to date completed four residential serviced residences and condominiums in Kuala Lumpur — Suasana Sentral Loft at KL Sentral, Suasana Bangsar in Bangsar, Seri Bukit Ceylon and Suasana Bukit Ceylon located in the city centre. The Division is now actively developing Suasana, Iskandar Malaysia in Johor Bahru city centre.  Somerset Puteri Harbour and The Waves @ Puteri Harbour are some of the newest projects in Nusajaya while UMCity Medini Lakeside, a multi-phased mixed development in Medini, Nusajaya, Iskandar Malaysia.

Star Residences, upmarket service residences in the Kuala Lumpur City Centre is the latest addition of exclusive developments by UMLand.

UMLand operates numerous Sales Galleries in its townships of Bandar Seri Alam, Taman Seri Austin and Bandar Seri Putra and recently opened Sales Galleries for its niche development of UMCity Medini Lakeside and a new sales and service centre in Singapore.   

For more information, please visit www.umland.com.my 

Or contact:
Kairin Romeena
Group Corporate Communications
United Malayan Land Bhd (UMLAND)
Tel: 03-2036-8033
Fax: 03-2036-8014
pr@umland.com.my

Photo – http://photos.prnasia.com/prnh/20150318/8521501686-a
Photo – http://photos.prnasia.com/prnh/20150318/8521501686-b
Photo – http://photos.prnasia.com/prnh/20150318/8521501686-c

 

Fashion HOU

2015 Manufacturing Leadership Award Winners Announced

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— Merck, Dow, GE, General Motors, Lockheed Martin and fellow award winners to be honored June 2-4 at the Manufacturing Leadership Summit

MOUNTAIN VIEW, Calif., March 4, 2015 /PRNewswire/ — Frost & Sullivan’s Manufacturing Leadership (ML) Council today recognized world-class manufacturing companies and individual leaders as winners of the 2015 Manufacturing Leadership Awards.

Frost & Sullivan's Manufacturing Leadership Council

Frost & Sullivan’s Manufacturing Leadership Council

Logo – http://photos.prnewswire.com/prnh/20150303/179222LOGO

In a world of intensifying global competition and accelerating, technology-driven change, recipients of the ML Awards have distinguished themselves by embracing breakthrough innovation and enabling their companies to anticipate and respond to customers with unmatched agility.

Now in its eleventh year, the ML Awards honor companies and individuals that are shaping the future of global manufacturing. Nominations are entered into 11 categories, evaluated and scored by a panel of expert judges. Ten of the ML Awards categories are for outstanding projects by a manufacturing company. One category recognizes the achievements of individual manufacturing leaders.

“Now more than ever, manufacturers must accelerate and expand innovation and the delivery of customer value while continuing to embrace core principles of quality and operational excellence,” said Global Vice President and Editorial Director of the Manufacturing Leadership Council David R. Brousell. “Winners of the 2015 ML Awards have clearly demonstrated that they are leaders on all of those fronts. Congratulations to each of them.”

ML Award winners and their technology partners will be honored on June 4, 2015 at a gala celebration that concludes the eleventh annual Manufacturing Leadership Summit in Carlsbad, CA. At the gala, winners of the ML High Achiever Awards, the ML Manufacturers of the Year, and the Manufacturing Leader of the Year will also be announced.

The ML Summit is a unique, interactive gathering of manufacturing leaders from around the world. The theme for the 2015 summit is “The New Era of Creating Manufacturing.” Featured speakers include: Ford Motor Co. Executive Vice President, Global Manufacturing and Labor Affairs John Fleming; Lockheed Martin Space Systems Vice President of Production Dennis Little; The Dow Chemical Company Vice Chairman, Business Operations James R. Fitterling; and Defense Advanced Research Projects Agency Director of the Defense Sciences Office Dr. Stefanie Tompkins.

Expert judges for the 2015 ML Awards include UCLA Vice Provost, Information Technology and Chief Academic Technology Officer Jim Davis; Frost & Sullivan Industrial Automation and Process Control Vice President of Research Sath Rao; L’Oreal Operations America Vice President, Communications and Social Responsibility Morris Lenczicki; Graphicast Inc. President Val Zanchuk; VirTex Enterprises LP CEO Brad Heath; Manufacturing Leadership Council Global Vice President and Editorial Director David R. Brousell; Lexmark International Corporate Manager Sustainability John Gagel; Extreme Networks Vice President, Engineering Operations and Quality Brad Martin; Plastic Molding Technology Inc. CEO Charles A. Sholtis; Digital Manufacturing & Design Innovation Institute at UI LABS Executive Director Dean L. Bartles; The Boeing Company Senior Manager Rod Mattison; Card-Monroe Corp. Vice President of Corporate Excellence Jim Joyner; Scientific Games Vice President, Global Supply Chain Chris Hillman; The Dow Chemical Company Vice President Engineering Solutions and Technology Centers Paul Dean II.

The Manufacturing Leadership Council is pleased to announce the winners of the 2015 ML Awards:

Big Data & Advanced Analytics Leadership

  • Bristol-Myers Squibb
  • Saudi Aramco (Abqaiq Intelligent Energy Management System)
  • Steel Dynamics
  • The Dow Chemical Company (Enterprise Manufacturing Intelligence)

Customer Value Leadership

  • Boston Scientific
  • Schutt Sports (Mass Customization)
  • The Design Phactory
  • Thule, Inc.
  • Toyota Motor Sales

Engineering & Production Technology Leadership

  • Ball Aerospace
  • CPI Aerostructures
  • Extreme Networks (Robotic WiFi Antenna Testing)
  • General Motors
  • GKN Aerospace
  • Lockheed Martin Aeronautics (Applied Additive Tooling Technologies)
  • Lockheed Martin Aeronautics (Hole-Drilling Process Improvements)
  • Lockheed Martin Aeronautics (Optical Projection Of Fastener Installation Data)
  • Mechanical Equipment Company, Inc.
  • Mother Parkers Tea and Coffee (RealCup Capsule Commercialization and Rapid Expansion)
  • PACCAR Engine Company
  • Saudi Aramco (Integrated Analytical Engineering Performance Monitoring Tool)
  • Tessy Plastics LLC
  • The Tech Group

Enterprise Technology Leadership

  • AMA Plastics
  • Boers & Co.
  • CommScope, Inc. (PM Mobile)
  • Crescent Park Corp.
  • Epec Engineered Technologies
  • NetApp, Inc.
  • Nexteer
  • Toyota Boskoku America
  • VirTex Enterprises
  • Xerox

Innovation Process Leadership

  • Blast Motion
  • DIRTT Environmental Solutions
  • GE Global Research
  • IBM (Intelligent Release Enablement)
  • JCB India Ltd
  • Proto Labs
  • The Hayes Companies

Operational Excellence Leadership

  • ATK Aerospace Group
  • Avnet, Inc.
  • CommScope, Inc. (One-Piece Flow)
  • Eaton
  • IBM (IPDL Singapore Design and Operational eXcellence (DOX) Program)
  • Lexmark International, Inc. (Lean Sourcing Framework)
  • L’Oreal USA
  • MBX Systems
  • Nissan Americas
  • Olympic Steel, Inc.
  • Peterbilt Motors Co. (Mixed Model Cab Trim Line)
  • Peterbilt Motors Co. (North Texas Lean Consortium)
  • The Dow Chemical Company (Dow Hsinchu Site’s Six Sigma / Lean Journey)
  • The Raymond Corp.

New Product Leadership

  • BullEx (Attack™ and BullsEye™ Product Platforms)
  • Crest Industries
  • HzO, Inc.
  • Manchac Technologies
  • Merck & Co.
  • Mother Parkers Tea and Coffee (EcoCup Single Serve Capsules)
  • Schutt Sports (STX Stallion)
  • Terves, Inc.

Next-Generation Leadership

  • Allied Mineral Products
  • Meritage Global Services, Inc.
  • Peterbilt Motors Co. (Emerging Leaders Southwest)
  • Specialty Manufacturing, Inc.
  • The Dow Chemical Company (Next Generation Leadership)

Supply Chain Leadership

  • C&S Wholesale Grocers
  • Elster Gas, North and South America (Strategic Procurement Structure)
  • Hewlett-Packard Co.
  • IBM (Singapore Power Systems Transition Project)
  • Lexmark International, Inc. (Global Sourcing Contracts Process Improvements)
  • MAPA SPONTEX
  • PL Developments
  • Redwing Shoe Company
  • Seagate, Inc.
  • Bridge Publications, Inc.

Sustainability Leadership

  • BullEx (Smart Class A PHASE II)
  • Campbell Soup
  • Columbia Manufacturing, Inc.
  • Elster Gas, North and South America (Sustainability Strategy)
  • Extreme Networks, Inc. (Sustainable Packaging)
  • Lexmark International, Inc. (Reconditioning of Laser Cartridge Developer Rolls)
  • Saudi Aramco (Resource and Energy Optimization)

Visionary Leadership

  • Harry Arnon, Hernon Manufacturing, Inc.
  • Marcia Coulson, Eldon James Corp.
  • Donald J. Davis, Kent Displays Inc.
  • Ulrich Ermel, TQ Systems GmbH
  • James Harbour, Harbour & Associates, Inc. (Retired)
  • Curt Modtland, The Dow Chemical Company (Retired)
  • Mort O’Sullivan, ARCA
  • Jamie Quilter, Rexnord Industries

About the Manufacturing Leadership Council

The Manufacturing Leadership Council, Frost & Sullivan, is the world’s first member-driven, global business leadership network dedicated to senior executives in the manufacturing industry. The Manufacturing Leadership Council’s mission is to help senior executives define and shape a better future for themselves, their organizations, and the industry at large. The Council produces an extensive portfolio of leadership networking, information, and professional development products, programs, and services, including the Manufacturing Leadership Community website, an online global business network with over 6,700 members worldwide; the Manufacturing Leadership Council, an invitation-only executive organization of over 100 members; the annual Manufacturing Leadership Summit; the Manufacturing Leadership Awards, celebrating industry achievement; and the thought-leading Manufacturing Leadership Journal. For more information, visit www.MLCouncil.com.

About Frost & Sullivan   

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion

Contact:
Jeffrey Moad
P: +1 510.531.3456
F: +1 510.531.3456
E: jeffrey.moad@frost.com

http://www.frost.com

Photo – http://photos.prnasia.com/prnh/20150304/8521501347

Health Care TNM

Nirvana Asia Ltd Acquires Tomb Design and Construction Business

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— Vertical Integration to Strengthen Capabilities and Pursue Diversification in Death Care Service Sector

HONG KONG, March 3, 2015 /PRNewswire/ — Nirvana Asia Ltd (“Nirvana Asia” or the “Company”, together with its subsidiaries, the “Group”, SEHK stock code: 1438) is pleased to announce that a wholly-owned subsidiary of the Group has acquired the tomb design and construction business from the tomb contractors at the six memorial parks of the Group and throughout Malaysia at an aggregate consideration of RM15,000,000 (equivalent to approximately US$4,162,500).

Pursuant to the Sale and Purchase Agreement, WFS Memorial Tomb Management Sdn. Bhd. (the “Vendor”), and Wong Chen Hoong and Wang Siew Yuen (collectively, the “Guarantors”) have agreed to provide a guaranteed audited net profit after tax for the acquired business in the amount of RM4,000,000 (equivalent to approximately US$1,110,000), RM5,000,000 (equivalent to approximately US$1,387,500) and RM5,500,000 (equivalent to approximately US$1,526,250), respectively, for the financial period of 10 months ending 31 December 2015, and the financial years ending 31 December 2016 and 2017.

The Directors believe that this downstream acquisition would allow the Group to strengthen its capabilities in the death care service sector while pursuing diversified development along the industry value chain. Furthermore, the Directors are of the view that this acquisition would help create synergies with the Group’s existing death care service business and may help enhance the gross profit margin of the Group’s tomb design and construction segment.

In connection with the acquisition, each of the six subsidiaries of the Group with operations at the relevant memorial parks has agreed to allot and issue one irredeemable non-convertible “Class A” preference share with a nominal value of RM1 (collectively, the “Preference Shares”) to the Guarantors. Such Preference Shares may entitle the Guarantors to a fixed, non-cumulative cash dividend of 5% of the nominal value of the Preference Shares and a special dividend representing 25% of the audited net profit after tax of the acquired business.

The consideration represents four times the profit guarantee for the acquired business for the financial year ending 31 December 2016 less 25% thereon to which the Guarantors may be entitled pursuant to their holding of the Preference Shares.

Dato’ Kong Hon Kong, an Executive Director, the Managing Director and the Chief Executive Officer of Nirvana Asia said, “This acquisition presents an attractive opportunity for the Group to strengthen our death care service capabilities in terms of tomb design and construction. We will continue to seize various opportunities with a view to further solidifying our leading position in the industry and delivering satisfactory returns to our investors.”

For further information, please contact:
iPR Ogilvy & Mather
Natalie Tam / Charis Yau / Juliana Li / Candy Tam
Tel: (852) 2136 6182 / 2136 6183 / 2169 0467 / 3920 7626
Fax: (852) 3170 6606
Email: nirvana@iprogilvy.com

About Nirvana Asia

Nirvana Asia is the largest integrated death care service provider in Asia, in terms of contract sales, revenue and land bank in 2013. The Company offers burial and funeral services and products on both as-need and pre-need basis, strategically targeting the premium segment of the death care services market. In 2013, Nirvana Asia is the largest death care service provider in Malaysia and the largest burial service provider. Currently, the Company offers death care products and services through a network of 10 cemeteries, 12 columbarium facilities, six on-site crematoria and two funeral homes in Malaysia, Indonesia and Singapore. In February 2015, the Company has also entered into a binding cooperation agreement with Huizhou Longyan and marked the first step tapping into the PRC market.

Fashion RLT

Kingold Obtains Presale Approval for Kingold Jewelry International Industry Park

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Company to seek potential sale options on commercial properties

WUHAN CITY, China, January 21, 2015 /PRNewswire/ — Kingold Jewelry, Inc. (“Kingold” or “the Company”) (NASDAQ: KGJI), one of China’s leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced that the Company has obtained approval from the Wuhan Housing Security and Management Bureau in Wuhan, China to pre-sell certain commercial units within the Kingold Jewelry International Industrial Park (the “Jewelry Park”).

The Company formally received two separate “Certificates of Presale of Commercial Properties” from Wuhan Housing Security and Management Bureau, which cover five commercial buildings, totaling approximately 123,600 square meters (approx. 1,330,000 square feet).

The Company is now seeking potential buyers for these commercial properties, and is expected to utilize any proceeds from the presale of these units to complete construction on the Jewelry Park. Kingold expects to complete the Jewelry Park within the previously announced timeframe, and plans to schedule a grand opening ceremony in December 2015.

Zhihong Jia, Chairman and CEO of Kingold, stated, “We are pleased to have received approval from the local government to move forward in pre-selling several of our properties, which was a necessary requirement as we move forward. We have received considerable interest in the properties from potential buyers as the Jewelry Park has begun to take shape, and are focused on completing all phases of the development for this project. We are now focused on the interior and exterior design elements and expect to remain on track to open the Jewelry Park by December 2015.”

Background on the Jewelry Park

In October 2013, Kingold entered into an agreement to acquire the operating rights for 66,667 square meters (approximately 717,598 square feet, or 16.5 acres) of land in Wuhan for an aggregate purchase price of RMB1 billion (approximately US$164 million at the then effective spot rate). The Company intends to utilize the completed Jewelry Park as its new operation center and show room. Kingold also plans to rent space within the Jewelry Park to other jewelry manufacturers in China, in addition to selling developed commercial and residential properties to individual and corporate buyers.

About Kingold Jewelry, Inc.

Kingold Jewelry, Inc. (NASDAQ: KGJI), centrally located in Wuhan City, one of China’s largest cities, was founded in 2002 and today through a variable interest entity, or VIE, relationship with Wuhan Kingold Jewelry Company Limited, a corporation incorporated in the People’s Republic of China, is one of China’s leading designers and manufacturers of 24-karat gold jewelry, ornaments, and investment-oriented products. The Company sells both directly to retailers as well as through major distributors across China. Kingold has received numerous industry awards and has been a member of the Shanghai Gold Exchange since 2003. For more information, please visit www.kingoldjewelry.com.

Business Risks and Forward-Looking Statements

This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by words such as “expects,” “believe,” “project,” “anticipate,” or similar expressions. The forward-looking statements in this release include statements regarding Kingold’s Jewelry Park and its estimated time of completion and grand opening, Kingold’s expected use of proceeds from the presale of the commercial units within the Jewelry Park, as well as the Company’s ability to attract tenants and engage in sales of additional portions of the Jewelry Park property. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Forward-looking statements are subject to a number of risks, including those contained in Kingold’s SEC filings available at www.sec.gov, including Kingold’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Kingold undertakes no obligation to update or revise any forward-looking statements for any reason.

Company Contact
Kingold Jewelry, Inc.
Bin Liu, CFO
Phone: +1-847-660-3498 (US) / +86-27-6569-4977 (China)
bl@kingoldjewelry.com

INVESTOR RELATIONS
The Equity Group Inc.
Katherine Yao, Associate
+86 10-6587-6435
kyao@equityny.com

Adam Prior, Senior Vice President
(212) 836-9606
aprior@equityny.com

Photo – http://photos.prnewswire.com/prnh/20150121/170445

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kingold-obtains-presale-approval-for-kingold-jewelry-international-industry-park-300023528.html

Fashion

Kingold Jewelry Announces Update On Kingold Jewelry International Industry Park

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Company anticipates on-time completion of the project, with a grand opening in December 2015

WUHAN, China, January 9, 2015 /PRNewswire/ — Kingold Jewelry, Inc. (“Kingold” or “the Company”) (NASDAQ: KGJI), one of China’s leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced an update on construction at the Kingold Jewelry International Industry Park (“Jewelry Park”). The Company has completed the framework on the property and now is in the next phase of construction, which will be focused on both exterior and interior decoration and design. The Company expects to complete the entire project on time and will have a grand opening by December 2015, which is consistent with its previously announced schedule.

Zhihong Jia, Chairman and CEO of Kingold, stated, “We are very pleased to have completed this important phase of construction at Kingold’s Jewelry Park, and have been actively working on attracting tenants. We believe that with the completion of the framework we can now accelerate this project and we are very confident that the Company will open on schedule. We will continue to keep our stockholders apprised of our progress.”

Background on Jewelry Park

In October 2013, Kingold entered into an agreement to acquire the operating rights for 66,667 square meters (approximately 717,598 square feet, or 16.5 acres) of land in Wuhan for an aggregate purchase price of RMB1 billion (approximately US$164 million at the then effective spot rate). The Company intends to utilize the completed Jewelry Park as its new operation center and show room. Kingold also plans to rent space within the Jewelry Park to other jewelry manufacturers in China, and may sell developed commercial and residential properties to individual and corporate buyers.

About Kingold Jewelry, Inc.

Kingold Jewelry, Inc. (NASDAQ: KGJI), centrally located in Wuhan City, one of China’s largest cities, was founded in 2002 and today through a variable interest entity, or VIE, relationship with Wuhan Kingold Jewelry Company Limited, a corporation incorporated in the People’s Republic of China, is one of China’s leading designers and manufacturers of 24-karat gold jewelry, ornaments, and investment-oriented products. The Company sells both directly to retailers as well as through major distributors across China. Kingold has received numerous industry awards and has been a member of the Shanghai Gold Exchange since 2003. For more information, please visit www.kingoldjewelry.com.

Business Risks and Forward-Looking Statements

This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by words such as “expects,” “believe,” “project,” “anticipate,” or similar expressions. The forward-looking statements in this release include statements regarding Kingold’s Jewelry Park and its estimated time of completion and grand opening, as well as the ability to attract tenants and engage in sales of portions of the property. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Forward-looking statements are subject to a number of risks, including those contained in Kingold’s SEC filings available at www.sec.gov, including Kingold’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Kingold undertakes no obligation to update or revise any forward-looking statements for any reason.

Company Contact
Kingold Jewelry, Inc.
Bin Liu, CFO
Phone: +1-847-660-3498 (US) / +86-27-6569-4977 (China)
bl@kingoldjewelry.com

INVESTOR RELATIONS
The Equity Group Inc.
Katherine Yao, Associate
+86 10-6587-6435
kyao@equityny.com

Adam Prior, Senior Vice President
(212) 836-9606
aprior@equityny.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kingold-jewelry-announces-update-on-kingold-jewelry-international-industry-park-300018071.html

Fashion RLT

DreamEast Brand Launch and Suppliers Relations Event Held in the US

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ORLANDO, Fla., November 21, 2014 /PRNewswire/ — On November 19, 2014, the DreamEast brand launch and supplier relations event was held at Hilton Orlando in the US. More than 200 representatives from well-known theme park and attraction companies around the world attended the event, where Lagotronics, Simuline, Playfun, Wincomn, Betop, and other operators signed agreements to become DreamEast’s strategic partners. At the event, the director of DreamEast’s Department of Entertainment Business Justin Shi Junjie introduced the development strategy of the company, and the planning of its project, “DreamEast – Legendary World”, as well as the facilities planning and selection criteria of the project.

Chinese cultural and entertainment brand DreamEast was officially launched
Chinese cultural and entertainment brand DreamEast was officially launched

After ten years of building a dream, the DreamEast brand will spur with long accumulation. As a cultural and entertainment brand under SkyOcean International Holdings Limited (00593.HK) (hereinafter referred to as “SkyOcean International”), DreamEast cherishes the passion and dream to promote Chinese culture to the world, as well as making its rapid strides in the arena of the world’s cultural industry with the spirit of entrepreneurship and innovation.

DreamEast debut has instantly grabbed people’s attention from the cultural and entertainment industry. Its hallmark of Chinese culture exhilarated the industry across the world. Since November 17, the opening of IAAPA’s Attractions Expo, the No. 3088 booth of DreamEast had been crowded with streams of visters. SkyOcean International’s distinctive series of Chinese cultural attraction projects, such as “DreamEast – Legendary World”, “DreamEast – Zhoukoudian”, “DreamEast – FutureWorld” and “DreamEast – Happy World” had won accolades from numerous upstream and downstream peers, which had in turn brought partnerships and collaborations.

With the rising economy, China’s cultural industry is developing with fast track. SkyOcean International aims to become the best-in-class cultural and entertainment group that is dedicated in promoting Chinese culture to the world. Since the birth of its cultural and entertainment brand, SkyOcean International has decided to position DreamEast as “Chinese culture as the keynote and proprietary intellectual property operation as the core”. It will commit all its power and resources to introduce Chinese culture to the world, and to help fulfiling China’s Cultural Dream.

The theme parks and family entertainment centers, as well as other businesses of SkyOcean International have been under smooth and steady progress. Its world’s largest Chinese culture theme park is located in the Southern part of Beijing with an expected land area of 3,000 mu (approximately 494 acres). With its conceptual planning and design just been completed, “DreamEast – Legendary World” has adopts the best theme park design and the most cutting-edge technology to showcase the essence of Chinese culture. According to the framework agreement signed with the government, the investment of this project is expected to exceed US$ 4 billion. “DreamEast-Future World” is another project under SkyOcean international’s flagship, which is located in the Eastern part of Beijing with the theme of “Exploration and Innovation”. It will be China’s most advanced aerospace theme park that integrates full-spectrum features of aerospace technology communication, cultural exchanges, science popularization, exhibition and demonstration, extracurricular education, as well as science and technology entertainment. The project is expected to be opened in the autumn of 2015.

The increasing attendance of enterprises from China at the IAAPA’S Attractions Expo indicates the explosive growth of China’s theme park industry and the expending cultural and entertainment market of China. It can be foreseen that it will not take long before sizable theme parks like the ones in Orlando to emerge in China and other places worldwide.

About DreamEast:

DreamEast is an independent cultural entertainment brand of China under the flagship of SkyOcean International (00593.HK). At the outset, DreamEast has proposed the strategic structure of “light asset + heavy asset” for the purpose of initiating the industrial development mode with “Chinese culture as the keynote and proprietary intellectual property operation as the core”.

About SkyOcean International:

As a company listed on the main board of the Hong Kong exchange, SkyOcean International Holdings Limited (00593.HK) is mainly engaged in two sectors, namely, cultural industry and industrial real estate.

In the sector of cultural industry and industrial real estate, SkyOcean has established the cluster development model with Greater Beijing Area as the core. As the powerful engine of regional development and city value, SkyOcean will expand its strategic layout to the Yangtze River Delta region and the Pearl River Delta region. SkyOcean International has made encouraging efforts to promote Chinese culture to the world, develop itself into a world first-class entertainment group, so as to drive the new-type urbanization of China with the cultural industry.

For more information, please visit www.skyocean.com.

Photo – http://photos.prnewswire.com/prnh/20141120/159927LOGO
Photo – http://www.skyoceanint.com/UpLoadFile/Images/2014/11/20/17044326b575492f-b.jpg
Photo – http://www.skyoceanint.com/UpLoadFile/Images/2014/11/20/170323412ce38fc8-0.jpg

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How to Meet the Global Infrastructure Challenge in an Age of Austerity

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New KPMG report spotlights 100 world-class infrastructure projects that balance solving problems of society today while preparing for demands of the future

TORONTO, Nov. 12, 2014 /PRNewswire/ — KPMG International’s Infrastructure 100: World Markets Report, highlights key trends driving infrastructure investment around the world. A global panel of industry experts identifies 100 of the world’s most innovative, impactful infrastructure projects showing how governments are coming together with the private sector to overcome funding constraints to finance and build projects that can improve quality of life — both solving immediate needs and planning for future societal demands.

The report looks at infrastructure based on the dynamics of four key markets: Mature International Markets (like Canada, Australia, UK), Economic Powerhouses (including the US and BRIC countries), Smaller Established Markets (like Chile, Sweden, New Zealand, Korea), and Emerging Markets. The panel of independent industry experts evaluated over 400 diverse and compelling projects to ultimately select the final 100, based on:

Scale —How does the scale of the project relate to similar developments in its class?
Feasibility — Is the project plan feasible and sustainable?
Complexity — How challenging or complex is it to get stakeholder support?
Innovation — Is there a particular challenge the project overcomes?
Impact on society — Does it improve quality of life or promote economic growth?

With a total estimated value of over US$1.73 trillion, the 100 projects illustrate a range of infrastructure investment, some with a potentially transformative impact that could change the face of nations. Many of the projects are designed to drive economic growth by connecting people and resources to global and local markets (40% of projects featured); others will help provide better access to reliable power and clean water (30% of projects); while others are focused on improving society through things like healthcare and education.

Meeting the funding challenge
However, the Infrastructure 100 also bring to light affordability concerns and the need for governments to make difficult choices about where to spend with funding in short supply. Balancing the aspirations of a nation with the need for true social benefit is not an easy challenge.

“Each country has its own approach to developing and funding infrastructure, yet all share the universal challenge of creating the right conditions to attract investment so desperately needed,” says James Stewart, KPMG’s Chairman of Global Infrastructure. “Private capital continues to play a critical role, but investors need economic and political stability before committing. Consistency and sustainability are the key, in setting policy, the right regulatory environment and establishing a steady deal flow through project pipelines.”

Attracting private investment
The report illustrates the critical role of private investment in meeting the infrastructure challenge, with different investment dynamics in each market category:

Economic powerhouses — have significant infrastructure needs — either to support rapid growth and urbanization or to rebuild, repair or upgrade aging assets. “The panel of industry experts identified a surprisingly high reliance on public sector debt sources,” said Stewart.

Emerging markets — represent a frontier for private finance in infrastructure, although a lack of funds, inadequate planning, and unstable political environments have limited the availability of projects that could attract private money.

Mature international markets — A combination of privatization, regulation and a wide range of investors has heightened competition for infrastructure in these markets. An increasing trend for asset sales or privatizations is identified in the report.

Smaller established markets — tend to favor domestic financing, with international financiers restricted by the lack of major projects, competitive local capital and currency risk. However, KPMG’s report notes an increasing need for these markets to consider collaborative, cross-border infrastructure projects that deliver regional economic growth and bring the scale of major projects that international investors are seeking.

Building for the future
The Infrastructure 100: World Markets Report strikes a note of caution over the limited supply of specialist talent that poses a big threat to the momentum of infrastructure development. It also touches on new technology and questions when it will have a meaningful impact on the infrastructure industry in the same way it has transformed other sectors. However, the report also acknowledges the continued ability of the sector to innovate, with trends such as capital recycling and asset management helping to make better use of budgets and generate vital funds for further investment.

“Ultimately, we see a better world supported by infrastructure projects that are desperately needed, those that are opportunistic, and others that are truly visionary,” said Stewart.

About the Infrastructure 100: World Markets Report
This report is the result of in-depth discussions by a distinguished panel of independent industry experts from around the world. It looks at infrastructure in four key markets: mature International markets; economic powerhouses; smaller established markets; and emerging markets. The independent judging panels assessed hundreds of project submissions based on feasibility, social impact, technical and/or financial complexity, innovation and impact on society to ultimately select the final 100.

*View a complete list of the 100 projects online at: www.kpmg.com/infrastructure100

About KPMG’s Global Infrastructure Practice
For more information, visit www.kpmg.com/infrastructure.

About KPMG International
For more information, visit www.kpmg.com

Laura Jablonski, Head of Marketing & Communications, Global Infrastructure, +1-416-777-8849, ljablonski@kpmg.ca; Kent Miller, Global Communications, +1-908-313-5037, ktmiller@kpmg.com

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VietWater 2014 Expo & Forum Opens Tomorrow

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Set to Welcome 9000 Trade Professionals From Across The Region

KUALA LUMPUR, Malaysia, Nov. 11, 2014 /PRNewswire/ — Recognised as Vietnam’s No. 1 International Water & Wastewater Industry Event, VIETWATER 2014 Expo & Forum opens its door tomorrow 12 November to 14 November at the Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City and it will be officiated by His Excellency Mr. Cao Lai Quang, Vice Minister, Ministry of Construction, Vietnam. The event in its 6th edition is hosted by the Vietnam Water Supply and Sewerage Association (VWSA) and fully supported by the Administration of Technical Infrastructure Department (ATI) under the Ministry of Construction and the Southeast Asian Water Utilities Network (SEAWUN).

Meet over 300 participating companies from 32 countries showcasing thousands of new and innovative technology, equipment, and machinery related to sustainable water management, sewerage and wastewater treatment among others. There will be Technical Seminar sessions with the theme of “Towards High Technology in Water Supply, Wastewater Treatment and After Discharge“, featuring over 24 insightful topics, covering various aspects of water by renowned keynote speakers from across the globe specialising in this field. There will also be a Panel Discussion of experts who will be critically discussing the topic “Financing for Water Business in Vietnam — Challenges and Opportunities”.

In conjunction with VietWater 2014 too, the Ministry of Construction will co-organise a seminar on “Enterprises Reform in the Water Sector towards Effective Investment Models and Operation” and Vietnam Water Supply and Sewerage Association (VWSA) Seminar on “Marketing for Water Enterprises”. The seminars and workshops are designed to help participants find solutions to various industry issues and challenges over this three-day period. VietWater 2014 is the definitive event for industry professionals dedicated towards improving water issues today.   

VietWater 2014 is open on 12 and 13 November 2014, from 9:00 am to 5:00 pm and on 14 November 2014, from 9:00 am to 4:00 pm. Onsite registration begins 12 November 2014 at Saigon Exhibition & Convention Center (SECC). Access to the exhibition and seminars are free for all trade visitors. For more information, please log on to: www.vietwater.com. 

View the complete Technical Seminar sessions

Highlight of First Day of VietWater 2014

  • The Official Opening Ceremony by the H.E. Mr. Cao Lai Quang Vice Minister, Ministry of Construction, Vietnam, witnessed by High Excellencies, Distinguished Industrialists, Exhibitors, Overseas Delegations, Trade Bodies and Media Representatives.
  • Technical Seminar.
  • B2B Business Matching.

Highlight of Second Day of VietWater 2014

  • Technical Seminar
  • Panel Discussion – “Financing for Water Business in Vietnam – Challenges and Opportunities”
  • Ministry of Construction (MOC) Seminar – “Enterprise Reform in the Water Sector towards Effective Investment Models and Operations”
  • Vietnam Water Supply and Sewerage Association (VWSA) Seminar – “Marketing for Water Enterprises”
  • B2B Business Matching

Highlight of Third Day of VietWater 2014

  • Seminar
  • B2B Business Matching

UBM is also the organiser for the globally renowned Asia Water & Wastewater Industry Show Series across ASEAN countries – Asiawater, MyanmarWater, Thai Water and Water Philippines.

Notes to Editors:                                                                                                

1. About UBM Asia (www.ubmasia.com)       

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 25 major cities with 30 offices and over 1,400 staff.

With a track record spanning over 30 years, UBM Asia operates in 21 market sectors with 160 dynamic face-to-face exhibitions, 75 high-level professional conferences, 28 targeted trade publications, 18 round-the-clock vertical portals and virtual event services for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. We provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

UBM Asia has extensive office networks in China, Southeast Asia and India, three of the world’s fastest growing B2B events markets. UBM China has 11 offices in the major cities in mainland China, including Beijing, Shanghai, Guangzhou, Hangzhou, Chengdu and Shenzhen, where we organise more than 70 exhibitions and conferences. In ASEAN, UBM Asia operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with over 50 events in this region. UBM India teams in Mumbai, New Delhi, Bangalore, Chennai and Hyderabad organise 20 exhibitions and 60 conferences every year across the country.

2. About UBM plc (www.ubm.com)

UBM plc is a leading global business media company. We inform markets and bring the world’s buyers and sellers together at events via online and print providing them with the information they need to do business successfully. We focus on serving professional communities from doctors to game developers, journalists to jewellery traders, farmers to pharmacists. Our 6,500 staff members in more than 40 countries are organised into specialist teams that serve these communities, helping them do business and their markets to work effectively and efficiently.

This press information is issued by;

MARKETING COMMUNICATION DEPARTMENT
United Business Media (M) Sdn Bhd
A-8-1, Level 8, Hampshire Place Office,
157, Hamphire 1, Jalan Mayang Sari
50450 Kuala Lumpur, Malaysia
Tel: +603-2176-8788                  Fax: +603-2164-8786
Email:azrin.abrar@ubm.com      Website: www.ubmasia.com

For more information on VietWater 2014, please contact:

VIETWATER 2014

Ms. Yen (Hanoi)
Tel: +84-4629-41626
Email: yen.tran@ubm.com

Ms. Toan (Ho Chi Minh)
Tel: +84-8-5401-2718
Email: toan.ho@ubm.com

Logo – http://www.prnasia.com/sa/2010/04/19/20100419602891.jpg
Logo – http://photos.prnasia.com/prnh/20140930/8521405624

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2014 Frost & Sullivan Singapore Excellence Awards Celebrates Singapore’s Leading Companies

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~ Keppel Logistics, Sembcorp and Avaya among companies honoured

SINGAPORE, Oct. 17, 2014 /PRNewswire/ — Singapore’s top companies were recognized for their achievements at the 2014 Frost & Sullivan Singapore Excellence Awards.

In its second year, the awards aim to commend companies which have demonstrated best practices and outstanding performance across their various industries in the Singapore market. These industries include aerospace & defense, chemicals, energy, environment & building, healthcare, information & communication technologies and logistics.

Mr. Manoj Menon, Senior Partner & Asia Pacific Managing Director, Frost & Sullivan said “The annual Frost & Sullivan Singapore Excellence Awards allow us to identify and recognize the companies whom have excelled in driving innovation and best practices in the competitive business arena.”

“We hope that these awards will continue to spur these industries forward by showcasing leading companies and individuals who have become and remain role models for the industry,” he added.

Award recipients for the 2014 Frost & Sullivan Singapore Excellence Awards were identified based on in-depth interviews, analysis, and extensive secondary research conducted by Frost & Sullivan’s analysts. Companies are typically researched on their revenues, market share, capabilities, and overall contribution to the industry.

The findings of the detailed evaluation will then be presented to a panel of judges to decide the recipient for each category. Information on the award methodology can be found at http://www.frost-apac.com/singaporeawards/selection_process_criteria.htm.

For more details on the 2014 Singapore Excellence Awards, please visit http://www.frost-apac.com/singaporeawards/index.htm

Celebrating Singapore’s Best

Frost & Sullivan congratulates all recipients of the Frost & Sullivan Singapore Excellence Awards 2014.

2014 Frost & Sullivan Singapore Excellence Awards Recipients

Category

Award Recipient

AEROSPACE & DEFENSE


Ground Support Solutions Market Leadership Award 

SATS Ltd

CHEMICALS, MATERIALS & FOOD


Home-Grown Specialty Chemicals Company of the Year 

MegaChem Ltd

ENVIRONMENT & BUILDING TECHNOLOGIES


Integrated Facilities Management Company of the Year 

Jones Lang LaSalle


Waste Management Company of the Year 

Sembcorp


Waste Recovery Company of the Year 

ENERGY


Solar Energy System Integrator Company of the Year 

Sunseap Leasing

HEALTHCARE


Telehealth Company of the Year 

myHealth Sentinel

ICT


Contact Center Applications Vendor Of the Year 

Avaya

TRANSPORTATION & LOGISTICS


Domestic Logistics Service Provider of the Year 

Keppel Logistics

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion

Media contact:

Melissa Tan
Corporate Communications, Asia Pacific
P: +65-6890-0926
E: melissa.tan@frost.com