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IRIDEOS Acquires Enter

June 17, 2018, 11:40 pm
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IRIDEOS Enhances Recent Strategic Acquisitions With Purchase of Leading Italian-Based Network and Cloud Services Provider

MILAN, Italy, June 18, 2018 (GLOBE NEWSWIRE) -- IRIDEOS, the new Italian ICT provider for Businesses and Public Administration, announces today the acquisition of Enter, a leader in network and cloud services based in Italy. This purchase is the most recent of IRIDEOS acquisitions as the company works to consolidate the cloud and data center market throughout Italy.

"With this new acquisition, our growth path continues, focused on strengthening our assets and skills in the Italian ICT space,” says Mauro Maia, CEO of IRIDEOS. “A wider portfolio of services is now available for our customers, with new cloud solutions and international connectivity."

As a leading ISP focused on providing global network connectivity, Enter’s IP backbone spans 35+ Points of Presence (PoPs) worldwide, providing a wide range of network services, including Ethernet, VPN and cloud interconnection. Enter also provides Cloud Infrastructure-as-a-Service (IaaS) solutions, the first European, OpenStack-based service of its kind. This comprehensive solution provides customers with the computing, storage, network, DNS and CDN solutions they require to build an effective cloud solution.

“This is an exciting time for the Italian telecommunications industry as IRIDEOS works to consolidate cloud, network and data center providers throughout the region,” shares Ivan Botta, CEO, Enter. “We look forward to joining IRIDEOS as we work together to provide solutions that exceed customer expectations.”

As a result of this strategic acquisition, Enter will be part of a wider portfolio of services with a densified fiber footprint and additional colocation opportunities throughout the Italian market and will continue to deliver high-quality cloud and connectivity solutions to users around the globe.

IRIDEOS’ purchase of Enter follows the recent acquisitions of Infracom Italia, KPNQwest Italia, MC-link and BiG TLC. As a result of these purchases, the IRIDEOS technological platform now integrates 12 data centers across Milan, Rome, Trento, and Verona, the largest Italian private Internet exchange (Avalon) and 15,000 km of proprietary optical fiber along the major highways.

For more information about IRIDEOS, visit www.irideos.it/en/. To learn more about Enter, visit www.enter.it/en/

*About IRIDEOS*

IRIDEOS is the new Italian ICT provider for Businesses and Public Administration. 80% owned by F2i SGR and 20% by the European fund Marguerite, IRIDEOS aggregates and consolidates the assets and skills of four Italian operators focused on business customers: Infracom, KPNQWest Italia, MC-link and BiG TLC. IRIDEOS’ solutions combine cloud, data center, optical fiber, security and managed services, leveraging a technological platform that integrates 10 data centers in Milan, Rome, Trento and Verona, the largest Italian private Internet exchange (Avalon) and a fiber-optic network of over 15,000 km along the major highways.

*About Enter*

Enter is a leading European network and cloud provider focused on providing connectivity, data center and internet solutions throughout Europe, the U.S. and Asia-Pacific. The company's IP backbone spans Europe's largest PoPs (Frankfurt, Amsterdam, London, Paris, Madrid, Stockholm, Brussels, Vienna, Prague and Budapest), as well as the U.S. (New York) and Far East (Hong Kong).

In 2012, the company developed Enter Cloud Suite, the first European, OpenStack- based cloud IaaS service available in Milan, Frankfurt and Amsterdam, and is one of the official cloud platforms of 52 European institutions and agencies, such as the European Parliament and Court of Justice.

*MEDIA CONTACT:*

Giuseppe Sammartino
External Relations IRIDEOS S.p.A. Mobile +39 335.3000.24
gsam.ext@irideos.it www.irideos.it

iMiller Public Relations for Enter
+1.866.307.2510
media@ente.eu Reported by GlobeNewswire 11 hours ago.
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Here’s what to consider during business meetings abroad

June 18, 2018, 12:15 am
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Here’s what to consider during business meetings abroad If ever there was a lesson in the importance of understanding culture in business, it would be watching the recent meeting between US president Donald Trump and North Korean leader Kim Jong-un.

On one side of the table, we have Trump imploring assembled press to take pictures that make him and Jong-un look “nice and handsome, and thin, and perfect”.

On the other side of the table, Jong-un’s face is a picture of bemusement. A simple joke you might say, nothing there to offend, but therein is the essence of culture.

What can seem an innocuous joke or offhand comment to a person of a particular culture, can be seen as gross impertinence by another.

Observing this interaction, we realise just how imperative it is to gain an understanding of different cultures to help you at work.

*A manner of speaking*

Manners are a good place to start as this is one area where culture can vary significantly.

For Jong-un, his culture is one whereby manners and deference are of prime importance.

As an isolationist nation, visitors to North Korea are expected to demonstrate their respect and admiration for Kim Jong-un as supreme leader.

There are very strict controls around lifestyles, so for Jong-un, a head of state meeting would be no time for levity. For Trump on the other hand, a born and bred US citizen, humour is an acceptable means of building rapport.

In effect, when two cultures collide, we have two sets of expectations for how the meeting will pan out. Understanding other cultures gives you an insight into what their expectations might be.

*To belch, or not to belch?*

Etiquette extends to almost everything, from dining to gift-giving.

It is understood that after their initial meeting, Trump and Jong-un attended a three course working lunch, and like international meetings, attending business dinners is something that many of us will have to do in the course of our careers now.

During a visit to Saudi Arabia, a friend of mine didn’t realise that belching after eating was a cultural habit that demonstrated appreciation of the food. Completely oblivious to this, my friend persisted on pardoning the host each and every time they belched, going as far as to ask if they had given themselves indigestion.

Just another example of two cultures not understanding each other.

*Body clocking*

You should also consider how you act, because even small seemingly inconsequential actions can have dire consequences for relations across cultures.

For example, standing serving chopsticks upright in the rice bowl is a symbol of death in China that is sure to silence an entire table, or using your index finger to summon a waiter in Hong Kong – the equivalent to clicking your fingers to a waiter in the UK.

Culture is so embedded in our lives and behaviours that we think nothing of it, it is only when presented with other cultures that we gain an appreciation for difference.

Body language too is an aspect of culture that has huge opportunity for miscommunication.

Donald Trump was very demonstrative with his body language, using his arms to further express his sentiment. But in east Asia, body language is used more delicately, and the culture has a less direct style of communication – so you have to look to body language and tone of voice to interpret what is actually being said.

Culture can present an etiquette minefield, littered with potential traps that have the potential to have quite devastating consequences.

With a little preparation and understanding though, this is one minefield that you can cross successfully. Reported by City A.M. 11 hours ago.
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China focused UK-based maker of affordable DNA sequencing kits eyes Hong Kong listing

June 18, 2018, 12:11 am
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Oxford Nanopore Technologies, an affordable DNA sequencing devices supplier seeking to break the stranglehold of US rival Illumina in China, is considering a dual London-Hong Kong listing in the next 18 months, according to its chief executive. The Oxford-based company, spun-out from Oxford University in 2005, is seeking to grab a slice of theUS$3 billion a year global market, in which Illumina has a 90 per share market share, by offering “starter pack” sequencers at US$1,000 to a... Reported by S.China Morning Post 11 hours ago.
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Police on the hunt for man who robbed and tried to rape woman near Hong Kong public housing estate

June 18, 2018, 12:15 am
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Police were on Monday still hunting for a middle-aged man two days after he grabbed a 20-year-old woman, robbed her and tried to rape her near a public housing estate in Kowloon Bay. Officers had stepped up patrols near the crime scene and were doing identity checks on Kai Ching Estate. The attack happened at about 8.30pm on Saturday on a path off Shing Kai Road, where the victim was walking alone, according to police. The path links Shing Kai Road and Kwun Tong Road. “The culprit grabbed... Reported by S.China Morning Post 11 hours ago.
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Well-known Hong Kong barrister Kein Egan dies of throat cancer, aged 70

June 18, 2018, 1:24 am
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Kevin Egan, one of Hong Kong’s top criminal barristers, died of throat cancer on Sunday night, multiple legal sources have confirmed. He was 70. The Australian, who handled some of the most famous criminal cases in the city’s history, was remembered as a “wonderful guy” who was always willing to help a friend, and would be missed by the members of his profession. Egan qualified as a barrister in 1972 and later came to Hong Kong and joined the Department of Justice. He... Reported by S.China Morning Post 10 hours ago.
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Hong Kong’s dim sum bond market to pivot towards eco-friendly fundraising

June 18, 2018, 2:03 am
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The Hong Kong government is seeking to revive investor interest in offshore yuan bonds issued in the city by emphasising their role in helping to finance ventures related to the green economy and environmental sustainability. The pivot comes amid dwindling interest in dim sum bonds over the past four years, where issuance in the yuan-denominated debt totalled 56.2 billion yuan (US$8.74 billion) in 2017, down from its peak of 288.5 billion yuan in 2014. Dim sum bonds had once thrived on the pool... Reported by S.China Morning Post 9 hours ago.
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Fifa World Cup coverage will never be free for out-of-pocket Hongkongers again, says sports commissioner

June 18, 2018, 2:58 am
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Watching the entire Fifa World Cup for free is destined to remain a thing of the past for Hongkongers, with the government saying it has no plans to bring soccer’s showpiece back to free-to-air television. The last time Hong Kong viewers were given free access to the entire World Cup finals was 20 years ago when TVB was the broadcaster for the 1998 tournament in France. Since then, fans have had to pay for access to every match of a tournament that has always been a favourite across... Reported by S.China Morning Post 8 hours ago.
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Gambling addiction in Hong Kong: as World Cup kicks off betting surge, we look at the addicts and victims

June 18, 2018, 3:51 am
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“When I started gambling I had no idea I’d end up like this,” says 29-year-old reformed gambler Wah, who does not want to disclose his full name. “I thought I’d be able to control it.” We’re in a room at Wan Chai’s Tung Wah Even Centre, a counselling and treatment service for problem and pathological gamblers, where Wah is talking about his 11-year struggle with gambling addiction that started when he was a 16-year-old high school student. Under... Reported by S.China Morning Post 7 hours ago.
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Another skyscraper has just been bought by Asian investors

June 18, 2018, 3:53 am
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Another skyscraper has just been bought by Asian investors A skyscraper in the heart of the City of London has been bought by Singaporean investors today for £650m.

Ropemaker Place, a twentyone-story building near Moorgate station, was purchased by a subsidiary of Ho Bee Land, a Singaporean-listed company.

The building is home to investment banks such as Liberum and Macquarie Group, and has been sold by a joint venture comprising one European and two Asian investors through global asset manager AXA Investment Managers (AXA IM).

*Read more*: UBS headquarters have just been sold for £1bn

The 602,000 square feet building is the latest sign of growing Asian investment in the capital’s "trophy buildings", after the headquarters of UBS was purchased by a Hong Kong property tycoon last week for £1bn.

Huw Stephens, head of UK transactions at AXA IM, said: "We invested on behalf of clients in Ropemaker Place in 2013 in anticipation of a recovery in investment and leasing activity in the City of London post the global financial crisis. We have now completed our business plan for this asset, by selling it to Ho Bee Land who will continue to benefit from its prime location in the heart of the City of London."

*Read more*: How London's skyline is going to change over the next decade

He added: "The City of London, as one of the leading global centres for international business and one of the world’s most transparent and liquid real estate markets, remains a key target market for us and one where we will continue to look for further opportunities on behalf of our clients." Reported by City A.M. 7 hours ago.
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Hong Kong couple and daughter found dead in possible murder-suicide in Sun Tuen Mun Centre flat

June 18, 2018, 3:59 am
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Police were investigating a possible murder-suicide after a couple and their adult daughter were found dead in northern Hong Kong on Monday. The three bodies were found in the different bedrooms of the family’s flat in the Sun Tuen Mun Centre housing estate off Lung Mun Road, Tuen Mun, in the afternoon, a law enforcement source said. He said the deceased the couple were older than 50. The source did not reveal the age of the daughter although she was described as an adult. “Initial... Reported by S.China Morning Post 7 hours ago.
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Pressure grows on contractor working on Hong Kong’s scandal-hit Sha Tin-Central rail link as government checks other jobs

June 18, 2018, 4:30 am
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The main contractor on a scandal-hit section of Hong Kong’s most expensive rail project faces further scrutiny with various government departments reviewing the company’s contracts to ensure safety has not been compromised. Leighton Contractors (Asia) – which won a HK$5.2 billion contract to expand Hung Hom station as part of the MTR Corporation’s HK$97.1 billion Sha Tin to Central rail link – was involved in seven contracts related to government projects,... Reported by S.China Morning Post 7 hours ago.
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Razer leads $3.3M investment in Australia’s Esports Mogul

June 18, 2018, 4:32 am
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Razer, the gaming hardware company that went public in Hong Kong last year, is resuming its investment strategy after it led a $3.3 million deal for Australia-based Esports Mogul. Esports Mogul is, as the name suggests, focused on e-sports. The company operates a platform for organizing e-sports competitions — called Mogul Arena — and a gaming […] Reported by TechCrunch 7 hours ago.
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Arun Shourie Launched 3rd Edition of Gyan Burman Liver Unit Report

June 18, 2018, 4:24 am
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Arun Shourie Launched 3rd Edition of Gyan Burman Liver Unit Report India’s leading Health and wellness research organization *Gyan Burman Liver Unit* led by Industrialist and philanthropist Mr. Pradip Burman and renowned Indian Gastrointestinal surgeon *Dr. Samiran Nundy* produced an all-encompassing Report on liver and Biliary sciences in India. Mr. Pradip Burman & Dr. Samiran Nundy jointly presented the prestigious work in a gala event at India International centre, New Delhi. Former Union Minister and legendary journalist *Mr. Arun Shourie* graced the event as Chief Guest and inaugurated the 3rd Edition of “*Gyan Burman Liver Unit Report*” - an account of 15 years of achievement.

 
 

*Dr. Amitabh Yadav, Shri Pradip Barman founder of Gyan Burman Liver Unit Report, Dr. Samiran  Nundy, Veteran person Arun Shourie on launch of Third Gyan Burman Liver Unit Report, in IIC Delhi*

 

The Gyan Burman Liver Unit (GBLU) was started in 2003 to perpetuate the memory of the late Gyan Burman, who was a scion of the well-known family that owns the Dabur industry. It has started an eponymous fellowship in hepatobiliary surgery for young surgeons from various parts of the world and organizes the annual event “*Gyan Burman Oration*” to be delivered by one of the world’s foremost liver surgeons. The Gyan Burman Orations have been delivered by Henri Bismuth from Paris, S.T. Fan from Hong Kong, Abhinav Humar from Pittsburgh, Yuman Fong from New York, Sir Roy Calne from Cambridge, Pierre Clavien from Zurich and Dirk Gouma from Amsterdam in the past.  

 

Producing the outstanding research work, *Mr. Pradip Burman* said, “We really feel proud to present our noble research report to service of the nation. The report is a detailed study on hepatobiliary diseases in India and elaborates how to promote liver transplantation in India. We are relay happy that our efforts like training of hepatobiliary surgery to Gyan Burman Orations has contributed not just Indian liver research but also various nations across the globe. We thank you all to make this possible and take this forward.”

 

Inaugurating the prestigious report *Mr. Arun Shourie* said, “Gyan Burman Liver Unit has contributed to a large and significant cause of Indian Health sector with this noble idea “*Gyan Burman Liver Unit Report*”. I congratulate the entire team of Gyan Burman Liver Unit following the legacy of Mr. Gyan Burman and bringing the exceptional research work.”

 

Gyan Burman Liver Unit has played a major role in initiating the liver transplant programme in India. It first convened a national meeting in 2003 where 50 surgeons from all over the country discussed on why India’s liver transplant results at that time were poor and how we should make that better. From then, there are now 73 liver transplant centers has been established during these phase and apx 1600 transplants were done in India during 2017 only. The Ganga Ram Hospital was one of the pioneers in the field and more than 70% of the procedures being done by surgeons who have worked or have been trained in this unit.

 

The GBLU has trained almost 115 Indian doctors from all over India and international fellows from Kenya, Bangladesh, Nepal, Saudi Arabia, USA, Greece, Nigeria, West Indies, Myanmar, Fiji, Singapore and Pakistan and supported the publication of 52 papers and 10 books related to liver disease including ‘*Liver Transplantation in India*’ a ‘*Residents’ Manual*’ and a ‘*Liver transplant handbook for patients*’. It has helped surgical trainees attend conferences in this country and abroad including the Johns Hopkins Hospital in the USA.

 

Mr. Pradip Burman is the great grandson of the founder of Dabur, Dr. S.K Burman. He is currently the Chairman of Dabur Nepal Pvt. Limited, a subsidiary of Dabur India Ltd. and also serves as a promoter director on the Board of Aviva Life Insurance Company Ltd. Over the years, he was engaged in leading the companies that merged with Dabur India Ltd., such as Vidogum & Chemicals Ltd. He is also the Chairman of Sanat Products Limited and Ayurvet Limited. The creation of this innovative programme by the Burman family’s generosity has been a fitting and lasting tribute to Mr. Gyan Burman and has influenced the lives and work of many surgeons and patients from all over the world. Reported by NewsVoir 7 hours ago.
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Outokumpu - listing prospectus for EUR 250 million bond available

June 18, 2018, 5:02 am
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Outokumpu Oyj
Stock exchange release
June 18, 2018 at 3.00 pm EEST
*Outokumpu – listing prospectus for EUR 250 million bond available*

*Not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan or Singapore, or any other jurisdiction in which the distribution or release would be unlawful. *

Outokumpu announced on June 11, 2018 its decision to issue a EUR 250 million senior secured bond (ISIN FI4000331004) to institutional investors. The bond matures on June 18, 2024 and it carries a fixed coupon interest rate of 4.125 percent per annum, payable semi-annually. The bond is callable before its final maturity. Moody’s Investors Service Inc. has assigned Ba3 rating to these notes.

The Finnish Financial Supervisory Authority has today approved the listing prospectus of the bond. The prospectus is available in English on the company's website at www.outokumpu.com/en/investors/credit-information/.

Outokumpu has applied for the bond to be listed on the official list of the Nasdaq Helsinki Ltd. Public trading of the notes is expected to commence on or about June 20, 2018 under the trading code OUTJ412524.

Most of the proceeds from the issuance of the bond have been used for voluntary redemption of the fixed rate notes due 2021 and the remaining proceeds will be used for general corporate purposes.

BNP Paribas and Nordea Bank AB (publ) Plc acted as Coordinators and Joint Lead Managers for the bond issue. Danske Bank A/S and Swedbank AB (publ) acted as Joint Lead Managers.
Investors: Juha Hakala, Group Treasurer, tel. +358 40 533 2536 and Tommi Järvenpää, VP, Investor Relations, tel. +358 40 576 0288

Media: Corporate communications, tel. +358 9 421 3840

Outokumpu Group
Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com
*Important Information*

The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, Singapore or any other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Persons into whose possession this announcement may come are required to inform themselves of and observe all such restrictions. None of the Company, the Joint Lead Managers or their respective representatives accept any legal responsibility for any violation by any person, whether or not the persons contemplating investing in or divesting the Company’s securities, including the notes, are aware of such restrictions.

This announcement does not constitute an offer of securities for sale in the United States. The notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and the notes may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons (as such terms are defined in Regulation S under the Securities Act) except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

This announcement does not constitute an offer of notes to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the notes. Accordingly, this announcement is addressed to and directed only at persons in the United Kingdom in circumstances where section 21(1) of the Financial Services and Markets Act 2000 as amended, does not apply and is solely directed at persons in the United Kingdom who (a) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (b) persons falling within Article 49(2)(a) to (d) of the Order, or other persons to whom it may be lawfully communicated (all such persons together being referred to as “relevant persons”). This announcement is directed only at relevant persons and any person who is not a relevant person must not act or rely on this announcement or any of its contents.

The Joint Lead Managers are acting exclusively for the Company in connection with the new issue and will not be responsible to anyone other than the Company for providing the protections afforded to their clients nor giving investment or other advice in relation to the notes or any other transaction or any other matter mentioned herein.

PROFESSIONAL INVESTORS ONLY – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels).

PROHIBITION OF SALES TO EEA RETAIL INVESTORS – The notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area (“EEA”). For these purposes, a “retail investor” means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”); (ii) a customer within the meaning of Directive 2002/92/EC (as amended), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Directive 2003/71/EC (as amended). Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) for offering or selling the notes or otherwise making them available to retail investors in the EEA has been or will be prepared and, therefore, offering or selling the notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation. Reported by GlobeNewswire 6 hours ago.
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Quality Building Award 2018 Results Released

June 18, 2018, 5:42 am
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*New Category Introduced and Number of Jurors Increased to Enhance Industry Representation*

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* HONG KONG, CHINA - Media OutReach - 18 June 2018 -* *The Quality Building Award 2018 (QBA 2018) results have now officially been announced at the QBA 2018 Award Presentation Ceremony, held at the Grand Ballroom of Grand Hyatt Hong Kong. QBA was co-founded in 2002 by nine of Hong Kong's leading property sector institutions and has been jointly organized on a biennial basis since. It has become established as the most unbiased, prestigious industry award in building sector. Among the nine co-organizing institutions, QBA 2018 was led by the Hong Kong Institute of Surveyors. QBA 2020 will be led by the Hong Kong Quality Assurance Agency.

 

In addition to around 500 industry leaders attending in person, the Ceremony was also attended by *The Hon Matthew CHEUNG Kin-chung, GBM, GBS, JP, The Acting Chief Executive of the Hong Kong Special Administrative Region* and * Mr. WONG Wai Lun, Michael, JP, Secretary for Development of the Government of the Hong Kong Special Administrative Region. * QBA 2018 features six main categories with "Grand Award" and "Merit" awards. Of all the winners, a special "Quality Excellence Award" will be awarded to the best overall project. A panel of 13 jurors of diverse professional backgrounds assesses the projects according to strict criteria.

 

* The Hon Matthew CHEUNG Kin-chung, GBM, GBS, JP, The Acting Chief Executive of the Hong Kong Special Administrative Region, * said: "The theme of the 2018 Award is "Driven by Profession * United for Success" which echoes well with the governance philosophy of the current-term Government. Quality buildings are essential ingredients for a growing and dynamic metropolis like Hong Kong. The Quality Building Award further raises the benchmark and widens the quality spectrum for excellent construction projects in Hong Kong and beyond.  The finalists presented to us this evening demonstrate the highest quality building standards, combining innovation, sustainability and dedication to team work.  "

 

* Sr LAI Yuk Fai, Stephen * * , Chairman of the QBA 2018 Organizing Committee * , said: "This year's theme, 'Driven by Profession, United for Success', aims to reinforce QBA's vision and express the founding philosophy of QBA -- to unite professionals from diverse backgrounds and institutional membership bases in the spirit of pursuing excellence. I would also like to thank our guests of honor, jurors, advisors, fellow organizers and sponsors for their sincere contributions to the event's success."

 

* Dr CHEUNG Tin Cheung, JP, Chairman of the QBA 2018 Jury Panel, * said: "This year's awards were extremely competitive, which is a testament to how dedicated and proficient our city's building professionals are. As one of Asia's leading world cities, it is important for our industry to continue embracing the spirit of competition and working towards a better future. I would like to congratulate all of this year's Grand Award and Merit winners and thank my fellow jury panel members for all their hard work."

 

* Results *

This year, there were 29 submissions in total. 21 projects are recognized below.

*Quality Excellence Award*

*Winner*

Hung Fuk Estate, Public Rental Housing Development at Hung Shui Kiu Area 13

*Hong Kong Residential (Single Building)*

*Grand Award*

SKYPARK

*Merit*

AREZZO

*Hong Kong Residential (Multiple Buildings)*

*Grand Award*

Hung Fuk Estate, Public Rental Housing Development at Hung Shui Kiu Area 13

*Merit*

Mount Pavilia

*Merit*

The Avenue

*Merit*

The Tanner Hill

*Finalist*

The Pavilia Hill

*Hong Kong Non-Residential (New Building - Government, Institution or Community)*

*Grand Award*

Fire and Ambulance Services Academy

*Merit*

Caritas Institute of Higher Education

*Merit*

Kai Tak Primary Schools (S.K.H. Holy Cross Primary School & PLK Stanley HO Sau Nan Primary School)

*Merit*

Redevelopment of Tai Lam Centre for Women

*Merit*

Tsing Yi Southwest Leisure Building

*Finalist*

Queen Elizabeth Hospital Ambulatory Care Centre Extension

*Finalist*

Reprovisioning of Yau Ma Tei Police Station

*Hong Kong Non-Residential (New Building - Non-Government, Institution or Community)*

*Grand Award*

18 King Wah Road

*Merit*

H Queen's

*Hong Kong Building (Renovation / Revitalization)*

*Grand Award*

Wah Ha Estate

*Merit*

Blue House Cluster

*Merit*

Redevelopment of St. Paul's Co-educational College (Phase 2)

*Finalist*

KC100

*Building Outside Hong Kong*

*Merit*

Fu Rong No. 45 Middle School, Hefei, China

 

* Jury Panel and Advisors *

QBA 2018 is supported by the following industry leaders as Honorary Advisors and Jurors. Jurors are selected from various backgrounds to provide a balanced perspective:

 *Honorary Advisors***

*Ir Dr LO Wai Kwok, SBS, MH, JP***

*Legislative Council Member (Engineering),** HKSAR***

*The **Hon** **Abraham SHEK Lai Him, GBS, JP***

*Legislative Council Member** (**Real Estate and Construction),** HKSAR***

*The Hon Sr Tony TSE Wai Chuen, BBS***

Legislative Council Member (Architectural, Surveying, Planning and Landscape FC), HKSAR**

*C**hairman of **Jury Panel***

*Dr CHEUNG Tin Cheung, JP***

Director, Buildings Department of Hong Kong SAR Government

*Vice-Chairman o**f **Jury Panel***

*Sr LAI Yuk Fai, Stephen***

Chairman, QBA 2018 Organizing Committee

*Jury Panel***

*Dr CHAN Chi Kau, Johnnie, BBS, JP*

Immediate Past President, The Hong Kong Institute of Housing

*Ir CHAN Kwok Cheung, Thomas***

President, The Hong Kong Institution of Engineers

*Ar Marvin CHEN***

President, The Hong Kong Institute of Architects

*Mr FUNG Tak Sheung, Philip***

President, The Hong Kong Chapter of the International Facility Management Association

*Ir C S HO***

Deputy Chairman, Hong Kong Quality Assurance Agency

*Sr Thomas HO***

Immediate Past President, The Hong Kong Institute of Surveyors

*Cr LAM Kin Wing Eddie***

First Vice-President, The Hong Kong Construction Association

*Mr LAM Sair Lin***

Adjunct Associate Professor, Division of Architectural Conservation Programmes, Faculty of Architecture, The University of Hong Kong

*Mrs Sylvia LAM***

Director, Architectural Services Department of HKSARG

*Ir SIT Wing Hang, Alfred, JP***

Director, Electrical and Mechanical Services Department of HKSARG

*Cr TANG Chi Wang***

President, Hong Kong Institute of Construction Managers

For more information about QBA and QBA 2018, please visit the official website at www.QBA.com.hk.

 

To download Event Photos, please find the link below:

www.bdcshk.com/webcontent/QBA2018_Photos.zip

 

* About Quality Building Award *

The Quality Building Award was co-founded in 2001 by nine building and construction related institutes and associations in Hong Kong. The award, held biennially, gives public recognition to buildings of outstanding quality that demonstrate outstanding teamwork and excellence across a range of categories.

* Organizers of QBA 201 * * 8 *

QBA 2018 is co-organized by nine professional institutions in Hong Kong. They are:

 

· The Hong Kong Institute of Surveyors (Chair for QBA 2018)
· The Hong Kong Institute of Architects
· The Hong Kong Construction Association
· The Hong Kong Institute of Construction Managers
· The Hong Kong Institution of Engineers Building Division, Building Services Division and Structural Division
· The Hong Kong Institute of Housing
· The Hong Kong Quality Assurance Agency
· Hong Kong Chapter of the International Facility Management Association
· The Real Estate Developers Association of Hong Kong

 

* Media Enquiries: *

QBA 2018 Secretariat Office

 

*Mr Vincent Tam*

*M**r** Sam** Wong***

Tel:

+852 3159 2954

+852 3159 2936

Mobile:

+852 9208 0160

+852 6470 02259

Email:

vincent.tam@creativegp.com

samct.wong@creativegp.com

  Reported by Media OutReach 5 hours ago.
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Hong Kong Monetary Authority offers to help film industry by providing samples of fake money to use in productions

June 18, 2018, 5:56 am
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Hong Kong’s de facto central bank has offered to provide samples of fake banknotes that can be used as props to help production crews navigate red tape when applying to use counterfeit cash in films. The move was disclosed by Monetary Authority deputy chief executive Howard Lee ahead of a meeting with industry representatives on Tuesday. Two prop men convicted for carrying fake money from Hong Kong best picture winner Trivisa – because it was too realistic “Together with the... Reported by S.China Morning Post 5 hours ago.
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World stocks slide over trade tensions, German politics

June 18, 2018, 6:24 am
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Global stocks dropped Monday on concerns over trade as the U.S. and China scheduled the start of tariffs on each other's goods, and a row over migrants threatened the German government. Markets in China and Hong Kong were closed for a holiday. Reported by Newsday 5 hours ago.
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21-year high – Hong Kong property sales expected to touch US$51 billion in first six months this year

June 18, 2018, 6:16 am
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Property sales in Hong Kong are expected to touch HK$400 billion (US$50.96 billion) – a 21-year high – in the first half this year, as one after another homes, office towers and parking spaces set records in the world’s most expensive real estate market, according to Centaline Property Agency. “People are optimistic about robust economic development in the city, and we expect sales to continue to grow,” said Wong Leung-sing, associate director of research at... Reported by S.China Morning Post 5 hours ago.
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Heilind Electronics Partners with Wilcoxon Sensing Technologies to Expand Sensor Offering

June 18, 2018, 6:41 am
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In a recent distribution agreement, Heilind partnered with global market leader Wilcoxon Sensing Technologies to add vibration sensing products and systems to its growing inventory of sensor solutions

(PRWEB) June 18, 2018

Heilind Electronics, a leading distributor of electronic components, has added Wilcoxon Sensing Technologies, a leading innovator and manufacturer of vibration sensing products and systems, to its growing portfolio of sensor manufacturers. With over 50 years of innovation and experience, Wilcoxon Sensing Technologies offers world-class vibration monitoring products to meet the needs of industrial and test & measurement markets. These products are essential in keeping critical machines running and plants operational.

As an authorized distributor of Wilcoxon Sensing Technologies products, Heilind now provides sensors that measure both underwater sound and vibration on rotating machinery. Additionally, the company’s expanded portfolio includes a variety of sensor technologies for vibration monitoring; these include accelerometers, HART vibration sensors, 4-20 mA sensors, transmitters, cable assemblies, accessories and instrumentation products.

This comprehensive range of solutions covers a broad range of markets, including automotive, aerospace, industrial/machine condition monitoring & protection and marine/underwater.

“Heilind continues to expand our Amphenol sensor offering with Wilcoxon Sensing Technologies. This new addition presents more options for our customers -- especially when it comes to the very challenging mission-critical applications of shock and vibration,” said Glen MacGibbon, Vice President of Business Development - Sensors, Heilind Electronics. “Not only is Wilcoxon recognized as the global market leader for industrial vibration sensing and systems, but they also have a suite of products targeted for hazardous environments; this further increases our customers’ opportunities for deployment. We were thrilled that Wilcoxon selected Heilind as a new channel partner to help them better service and expand their global reach.”

Visit Heilind’s website for more information about Wilcoxon Sensing Technologies.

About Heilind Electronics

Heilind Electronics, Inc. (http://www.heilind.com) is one of the world's leading distributors of connectors, relays, sensors, switches, thermal management and circuit protection products, terminal blocks, wire and cable, wiring accessories and insulation and identification products. Founded in 1974, Heilind has locations throughout the U.S., Canada, Mexico, Brazil, Germany, Singapore, Hong Kong and China. Follow Heilind on Facebook at facebook.com/Heilind and on Twitter at twitter.com/Heilind.

About Wilcoxon Sensing Technologies

For over 50 years, Wilcoxon Sensing Technologies, a subsidiary of Amphenol, has been an industry leader, developing and producing vibration monitoring solutions trusted by reliability and maintenance engineers around the world. Wilcoxon accelerometers, 4-20 mA sensors, transmitters and instrumentation provide accurate and reliable vibration measurements for a wide range of markets and demanding applications. Reported by PRWeb 4 hours ago.
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INFINITI Donates More Than $8 Million to Charity Throughout NCAA Partnership, Over $1 Million During the 2018 Season

June 18, 2018, 8:25 am
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· INFINITI donates $1.1 million to various charities through INFINITI’s relationship with the NCAA®, which includes a donation of $774,180 to the American Cancer Society in partnership with the National Association of Basketball Coaches.
· INFINITI donated an additional $349,000 to various philanthropies through the INFINITI Coaches’ Charity Challenge and the INFINITI sponsored CBS Round-by-Round Bracket Challenge.
· Dave Rose, head coach at Brigham Young University, who won the INFINITI Coaches’ Charity Challenge, received a $100,000 donation to benefit the Simmons Center for Cancer Research at BYU.

NASHVILLE, Tenn., June 18, 2018 (GLOBE NEWSWIRE) -- INFINITI is proud to announce it has donated $1,160,680 to charitable organizations as part of the brand’s ongoing corporate partnership with the NCAA and the National Association of Basketball Coaches (NABC). Today, Phil O’Connor, director of Marketing Communications and Media at INFINITI Americas, presented the checks to the winning philanthropies at INFINITI’s North American headquarters.

INFINITI also donated an additional $349,000 to multiple charities individually selected by participating NCAA Division I men’s basketball coaches through the INFINITI Coaches’ Charity Challenge, in which fans voted for their favorite coaches on social media and online. Head coach Dave Rose of Brigham Young University won the challenge, and $100,000 was donated to Simmons Center for Cancer Research at BYU.

“We’re proud to partner with INFINITI, the NABC and our NCAA coaches on the INFINITI Coaches’ Charity Challenge, which provides funding to organizations who in turn help individuals in need,” said Ellen Lucey, director of NCAA championships and alliances, corporate relations, marketing and branding. “The charity challenge is a great example of how the NABC and INFINITI support coaches around our NCAA men’s basketball tournament. It’s great when we can use sports as a platform to provide assistance to deserving organizations and communities.”

Additionally, INFINITI donated $700,000 through the CBS Round-by-Round Bracket Challenge. During March Madness, fans were encouraged to create their brackets using the Round-by-Round Bracket, the only bracket that donated money per correct pick to Coaches vs. Cancer. More than 14 million fans participated, with 9 million correct picks. By participating, fans also entered to win tickets to the 2019 Final Four game.

"For the eighth year in a row, INFINITI is proud to support the NABC, NCAA and Coaches vs. Cancer, by bringing fans, coaches and players together in the fight against cancer," O'Connor said. "We’re honored to be a part of the ‘madness’ every March and take the opportunity to donate to a very important cause."

INFINITI also hosted its third annual Hardwood Heroes Game. Consisting of two teams of cancer survivors, each coached by legendary NCAA coaches, the game kicked off the Final Four weekend at the Alamodome to raise awareness for cancer research. The team coached by Jim Calhoun, along with Assistant Coach Shelley Smith, scored three more points than the team coached by Bo Ryan, with Assistant Coach Kayce Smith, but all were winners at this inspirational game.

Outside the Alamodome, INFINITI presented the Charity Stripe Challenge at Tailgate Plaza, an on-site fundraiser throughout the Final Four weekend. INFINITI donated $74,180 towards Coaches vs. Cancer through a free throw contest with fans. 

Since its partnership with the NCAA began in 2009, INFINITI has donated more than $8 million to a variety of charitable organizations.

*About INFINITI
*INFINITI Motor Company Ltd. is headquartered in Hong Kong with representations in 50 markets around the world. The INFINITI brand was launched in 1989. Its range of premium automobiles is currently built in manufacturing facilities in Japan, the United States, United Kingdom and China. INFINITI design studios are located in Atsugi-Shi near Yokohama, London, San Diego and Beijing. INFINITI is in the middle of a major product offensive. The brand has been widely acclaimed for its daring design and innovative driver-assistance technologies. From the 2016 season, INFINITI is a technical partner of the Renault Sport Formula One team, contributing its expertise in hybrid performance.

Find more information about INFINITI, its industry leading technologies and the all-new 2019 QX50 midsize luxury crossover at www.INFINITIUSA.com. You can also follow INFINITI US on Facebook, Instagram, Twitter and see all our latest videos on YouTube.

*About NCAA*
The NCAA is a membership-led nonprofit association of colleges and universities committed to supporting academic and athletic opportunities for more than 450,000 student-athletes at more than 1,000 member colleges and universities. Each year, more than 54,000 student-athletes compete in NCAA championships in Divisions I, II and III sports. Visit www.NCAA.org and www.NCAA.com for more details about the Association, its goals, members and corporate partnerships that help support programs for student-athletes. [NCAA is a trademark of the National Collegiate Athletic Association.]

*About the National Association of Basketball Coaches*
Located in Kansas City, Missouri, the NABC was founded in 1927 by Forrest “Phog” Allen, the legendary basketball coach at the University of Kansas.  Allen, a student of James Naismith, the inventor of basketball, organized coaches into this collective group to serve as Guardians of the Game. The NABC currently has nearly 5,000 members consisting primarily of university and college men’s basketball coaches. All members of the NABC are expected to uphold the core values of being a Guardian of the Game by bringing attention to the positive aspects of the sport of basketball and the role coaches play in the academic and athletic lives of today’s student-athletes. The four core values of being a Guardian of the Game are advocacy, leadership, service and education. Additional information about the NABC, its programs and membership, can be found at www.nabc.org.

*About Coaches vs. Cancer*
For the last 25 years, the Coaches vs. Cancer program has united basketball coaches and fans nationwide in collaboration with the American Cancer Society and the National Association of Basketball Coaches to defeat a common enemy: cancer. With your passion and dedicated support, the impact has been felt in communities nationwide. Through fundraising and education initiatives including Suits & Sneakers Week and the 3-Point Challenge, Coaches vs. Cancer has worked together with the Society to help increase the number of cancer survivors to more than 15 million strong. The fight isn’t over, and we need you on our team. To learn more about the Coaches vs. Cancer program, visit coachesvscancer.org or visit us on social media at @CoachesvsCancer.

*Contact:*

Vanessa Bohlscheid
Senior Manager, INFINITI Product and Brand Communications 
(646) 496-2791 
vanessa.bohlscheid@infiniti.com

Paige Presley
Manager, INFINITI U.S East Region Communications
(615) 725-6021
paige.presley@infiniti.com

Photos accompanying this announcement are available athttp://www.globenewswire.com/NewsRoom/AttachmentNg/b04a418f-5dde-43aa-8730-9d53daeb4892

http://www.globenewswire.com/NewsRoom/AttachmentNg/90eb1326-5e06-463b-95fc-9953763aaf8a Reported by GlobeNewswire 3 hours ago.
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