CommerceDotCom (CDC) Supports UiTM’s Hydrogen-Powered Urban Concept Vehicle for Shell Eco-Marathon 2025

CommerceDotCom: Championing Sustainable Innovation

SELANGOR, MALAYSIA – Media OutReach Newswire – 21 January 2025 – CommerceDotCom (CDC) is proud to collaborate with researchers from the College of Engineering, Universiti Teknologi MARA (UiTM), in their research to develop an innovative hydrogen-powered urban concept vehicle. Earlier today, a formal signing collaboration ceremony was held with the College of Engineering to initiate this partnership, marking a significant milestone in empowering the engineering field.

Hafidz Bin Ahmad Zehnun, VP of Corporate Planning & Communication, at CDC (center), with the UiTM team and their hydrogen-powered vehicle at the flag-off in UiTM Shah Alam for Shell Eco-Marathon 2025 in Doha, Qatar
Hafidz Bin Ahmad Zehnun, VP of Corporate Planning & Communication, at CDC (center), with the UiTM team and their hydrogen-powered vehicle at the flag-off in UiTM Shah Alam for Shell Eco-Marathon 2025 in Doha, Qatar

This collaboration builds upon a strong legacy of success. In 2014, CDC partnered with UiTM’s Faculty of Mechanical Engineering on the Eco-Planet team, which secured first place in the Hydrogen Fuel Cell Urban Concept category at the Shell Eco-Marathon Asia in Manila, Philippines. That same year, UiTM’s Faculty of Electrical Engineering, under the Eco-Sprint team, emerged as champions by securing first place in the Prototype category, further solidifying UiTM’s reputation for excellence in green innovation on an international stage.

Ten years later, in 2024, the research collaboration has come full circle. Led by senior lecturer Ts. Dr. Mohamad Farid Misnan, postgraduate student Syed Mohd Harussani and UiTM research team, with over a decade of experience in the Shell Eco-Marathon (SEM), is embarking on an exciting new chapter. The team’s latest innovation in fuel cell technology, an urban concept electric vehicle named the UITM-CDC H2 Truck, is set to redefine efficiency and sustainability in the Urban Concept category at SEM 2025, scheduled to take place from February 8–12 in Doha, Qatar. With this renewed partnership, CDC is proud to support UiTM in innovating research the UITM-CDC H2 Truck and showcasing their expertise on the global stage at SEM 2025.

According to Ts. Dr. Mohamad Farid Bin Misnan, “SEM 2025 is more than just a competition; it’s a platform for showcasing the complete research quadruple helix model and the potential of sustainable technology. Our participation not only reinforces UiTM’s reputation for innovation but also highlights our local Malaysia’s capability to lead advancements in green technology.

CommerceDotCom: Championing Sustainable Innovation
CDC’s involvement underscores its dedication to fostering environmentally friendly technologies and driving meaningful progress in clean energy. By supporting the development of the UITM-CDC H2 Truck, CDC aligns with initiatives that prioritise innovation, sustainability, and future-ready solutions.

“CommerceDotCom is proud to support UiTM’s research efforts to bring Malaysia’s engineering talent to the global stage,” said Hafidz Ahmad Zehnun, Vice President of Corporate Division. “Collaborations like this reflect the importance of industry-academia partnerships in creating a greener future.”

This project exemplifies the power of partnerships between academia, industry, and future engineers. As a strategic collaborator, CDC, alongside Myrenergy Sdn Bhd and Racing Boy, provides the resources and expertise needed to refine the UITM-CDC H2 Truck’s design and performance capabilities. With the support of committed partners like CDC, this initiative highlights how collaboration can inspire future generations of engineers and innovators while driving meaningful change.

Revolutionising Sustainable Transportation
The UITM-CDC H2 Truck is a groundbreaking hydrogen-powered vehicle designed to operate entirely on clean hydrogen energy, eliminating harmful emissions. Tailored to diverse applications, such as logistics, deliveries, and community services, the truck reduces reliance on fossil fuels and supports sustainable business practices.

With its lightweight build, optimised aerodynamics, and zero-emission operation, the UITM-CDC H2 Truck paves the way for cleaner cities and a healthier environment for future generations, showcasing the potential of hydrogen technology in sustainable transportation.
Hashtag: #commercedotcom #Innovation #Technologies #UiTM #SustainableTransportation #ShellEcoMarathon2025




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

About Commerce Dot Com Sdn Bhd

Established in 1999 as a procurement solutions provider, Commerce Dot Com Sdn. Bhd. (CDC), has established itself as among the leading procurement solutions providers in Malaysia and has a well-earned reputation for providing exceptional services through its innovative solutions. In 2024, CDC proudly celebrates its 25th anniversary, marking a quarter-century of excellence and commitment to advancing procurement practices in Malaysia.

As the premier procurement leader, CDC remains dedicated to upholding integrity, transparency, and efficiency in all its operations. Additionally, CDC distinguishes itself by offering comprehensive service training, ensuring that clients not only receive top-quality products but also benefit from ongoing support to maximise their utilisation.

For any enquires on trainings please contact +603 7985 7777. For more info, please visit .

About UITM-CDC H2 EV RESEARCH TEAM

The UITM-CDC H2 EV Research Team is led by Ts. Dr. Mohamad Farid Misnan. The team comprises members from the School of Electrical Engineering, the School of Mechanical Engineering, and the School of Chemical Engineering. Their research aims to develop an innovative hydrogen-powered urban concept vehicle, showcasing the complete research quadruple helix model and the potential of sustainable technology.

Their mission is to design and build energy-efficient vehicles that demonstrate the potential of sustainable transportation while inspiring the next generation of engineers with a strong focus on innovation.

The UITM-CDC H2 EV Research Team also supports student activities through the student club, which includes two main teams: Eco Planet and Eco Sprint. These teams are designed to provide a comprehensive skill set for engineering students, fostering practical experience and innovative thinking.

For any enquires on research collaboration please contact

Reds Launch Second Official Retail Store in Indonesia

SURABAYA, INDONESIA – Media OutReach Newswire – 21 January 2025 – Liverpool FC continues to strengthen its international presence in Asia with the official opening of its second retail store in Indonesia.

Reds Launch Second Official Retail Store in Indonesia

LFC legend Emile Heskey led the official opening of the club’s new official retail store in Surabaya and hosted a meet & greet with fans on Saturday 18th January. He also spent time with the Official Liverpool Supporters’ Club- BigReds -afterwards at a live screening of LFC’s Premier League fixture with Brentford.

Located in the nation’s second-most populated city within Pakuwon Mall, the new store launch follows the club’s successful debut store opening in Jakarta in July 2024 at Pondok Indah Mall 2.

The launch event included a host of activities aimed at “inspiring belief” and fostering a sense of belonging amongst LFC fans, including a visit from the club’s official mascot, Mighty Red.

Mighty Red arrived after a brief stop in Jakarta where he hosted a community event alongside the Inspiration Factory Foundation (IFF) for underprivileged children.

The new Surabaya retail store, which was identified as a key location in collaboration with the club’s official retail partner, PT Kanmo Weston Retailindo, will echo the innovative design concept of the club’s flagship store in Liverpool’s city centre at Liverpool ONE showcasing the rich architectural history of Liverpool.

Fans visiting the new store can explore the full range of replica kits, exclusive Liverpool FC fashion and accessories, as well as unique souvenirs.

Lee Dwerryhouse, senior vice president of merchandising at Liverpool FC, said: “We have over 28 million LFC followers in Indonesia, and it’s great to bring our LFC brand closer to our supporters so they can feel a part of the club. This latest store opening extends our portfolio in Asia and underscores our ambitious plans to grow our international presence in key markets.”

Manoj Bharwani, co-founder and managing director of Kanmo Group: “Following the successful opening of the first Liverpool FC Store in Jakarta last year, we have been delighted by the overwhelming enthusiasm and positive response from the club’s loyal fans in Indonesia.

“Building on this momentum, we are excited to further expand Liverpool FC’s presence in Indonesia with our new store in Pakuwon Mall, Surabaya. We are confident that this initiative will deepen the bond between the club and its passionate fanbase in the region. We would like to thank Liverpool FC Retail team for trusting Kanmo Group for this expansion.”

This Surabaya opening brings Liverpool FC’s total number of retail locations to 18 globally, with an additional store planned for 2025 in Denmark, reflecting the club’s commitment to connecting with its passionate fan base around the world.

Rajbir Chopra, sales director, Weston Corporation added: ” The past few months have been incredibly exciting for us with the successful opening of our store in Jakarta. With the opening of our second LFC store in Surabaya, we are confident that this momentum will only continue, helping us to strengthen our connection with the fans in Indonesia.

“We are committed to building a long-term relationship with LFC’s Indonesia fanbase and offering more coveted merchandise from their favourite club!”
Hashtag: #LFC

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

Liverpool Football Club

  • Founded in 1892, Liverpool FC is one of the world’s most historic and famous football clubs, having won 19 League Titles, including the Premier League, eight FA Cups, ten League Cups, six European Cups, three UEFA Cups, four European Super Cups, 16 Charity Shields, two Women’s Super League titles and one Women’s Championship.
  • As a socially responsible Club, Liverpool FC is proud of the work it does via the award-winning The Red Way, its ongoing commitment to creating a better future for its people, its planet and its communities. This includes efforts to improve club-wide sustainability, enhance Equality, Diversity & Inclusion in all areas, and create life changing opportunities for children and young people in Merseyside and beyond thanks to its official charity, LFC Foundation.

Reds Launch Second Official Retail Store in Indonesia

SURABAYA, INDONESIA – Media OutReach Newswire – 21 January 2025 – Liverpool FC continues to strengthen its international presence in Asia with the official opening of its second retail store in Indonesia.

Reds Launch Second Official Retail Store in Indonesia

LFC legend Emile Heskey led the official opening of the club’s new official retail store in Surabaya and hosted a meet & greet with fans on Saturday 18th January. He also spent time with the Official Liverpool Supporters’ Club- BigReds -afterwards at a live screening of LFC’s Premier League fixture with Brentford.

Located in the nation’s second-most populated city within Pakuwon Mall, the new store launch follows the club’s successful debut store opening in Jakarta in July 2024 at Pondok Indah Mall 2.

The launch event included a host of activities aimed at “inspiring belief” and fostering a sense of belonging amongst LFC fans, including a visit from the club’s official mascot, Mighty Red.

Mighty Red arrived after a brief stop in Jakarta where he hosted a community event alongside the Inspiration Factory Foundation (IFF) for underprivileged children.

The new Surabaya retail store, which was identified as a key location in collaboration with the club’s official retail partner, PT Kanmo Weston Retailindo, will echo the innovative design concept of the club’s flagship store in Liverpool’s city centre at Liverpool ONE showcasing the rich architectural history of Liverpool.

Fans visiting the new store can explore the full range of replica kits, exclusive Liverpool FC fashion and accessories, as well as unique souvenirs.

Lee Dwerryhouse, senior vice president of merchandising at Liverpool FC, said: “We have over 28 million LFC followers in Indonesia, and it’s great to bring our LFC brand closer to our supporters so they can feel a part of the club. This latest store opening extends our portfolio in Asia and underscores our ambitious plans to grow our international presence in key markets.”

Manoj Bharwani, co-founder and managing director of Kanmo Group: “Following the successful opening of the first Liverpool FC Store in Jakarta last year, we have been delighted by the overwhelming enthusiasm and positive response from the club’s loyal fans in Indonesia.

“Building on this momentum, we are excited to further expand Liverpool FC’s presence in Indonesia with our new store in Pakuwon Mall, Surabaya. We are confident that this initiative will deepen the bond between the club and its passionate fanbase in the region. We would like to thank Liverpool FC Retail team for trusting Kanmo Group for this expansion.”

This Surabaya opening brings Liverpool FC’s total number of retail locations to 18 globally, with an additional store planned for 2025 in Denmark, reflecting the club’s commitment to connecting with its passionate fan base around the world.

Rajbir Chopra, sales director, Weston Corporation added: ” The past few months have been incredibly exciting for us with the successful opening of our store in Jakarta. With the opening of our second LFC store in Surabaya, we are confident that this momentum will only continue, helping us to strengthen our connection with the fans in Indonesia.

“We are committed to building a long-term relationship with LFC’s Indonesia fanbase and offering more coveted merchandise from their favourite club!”
Hashtag: #LFC

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

Liverpool Football Club

  • Founded in 1892, Liverpool FC is one of the world’s most historic and famous football clubs, having won 19 League Titles, including the Premier League, eight FA Cups, ten League Cups, six European Cups, three UEFA Cups, four European Super Cups, 16 Charity Shields, two Women’s Super League titles and one Women’s Championship.
  • As a socially responsible Club, Liverpool FC is proud of the work it does via the award-winning The Red Way, its ongoing commitment to creating a better future for its people, its planet and its communities. This includes efforts to improve club-wide sustainability, enhance Equality, Diversity & Inclusion in all areas, and create life changing opportunities for children and young people in Merseyside and beyond thanks to its official charity, LFC Foundation.

Weeks before New Year, Octa broker helps flood victims in Kelantan, Malaysia

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 January 2025 – In December 2024, Malaysia suffered devastating floods that affected 10 states and left more than 147,000 without roofs over their heads. Among the areas affected by the disaster, Kelantan was the hardest-hit state, with at least 93,000 people fleeing their flooded homes and seeking refuge.

Octa

To help the flood victims of Kelantan live through these trying times, Octa broker joined forces with its local partner, Azeehan. Octa sponsored the provision of basic necessities, including food, drinking water, hygiene amenities, towels, pillows, blankets, and house cleaning tools. By distributing these emergency kits, the broker aimed to support flood victims in their hour of need and make it a little bit easier for them to come back to normal life when the water subsided.

Octa

‘After a natural disaster such as this, thousands of people are driven from their homes. Sometimes, they lack even the most basic means to sustain themselves. This is why we really appreciate Octa supporting the local communities of Kelantan. This charity effort will be a great help to our displaced members in enduring the floods,‘ Azeehan commended.

Octa

Octa hopes that the New Year will bring benevolent weather to Malaysia, making it possible for the people of affected communities to return to their homes as soon as possible.

Octa

Hashtag: #Octa

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

Octa

is an international broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Weeks before New Year, Octa broker helps flood victims in Kelantan, Malaysia

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 January 2025 – In December 2024, Malaysia suffered devastating floods that affected 10 states and left more than 147,000 without roofs over their heads. Among the areas affected by the disaster, Kelantan was the hardest-hit state, with at least 93,000 people fleeing their flooded homes and seeking refuge.

Octa

To help the flood victims of Kelantan live through these trying times, Octa broker joined forces with its local partner, Azeehan. Octa sponsored the provision of basic necessities, including food, drinking water, hygiene amenities, towels, pillows, blankets, and house cleaning tools. By distributing these emergency kits, the broker aimed to support flood victims in their hour of need and make it a little bit easier for them to come back to normal life when the water subsided.

Octa

‘After a natural disaster such as this, thousands of people are driven from their homes. Sometimes, they lack even the most basic means to sustain themselves. This is why we really appreciate Octa supporting the local communities of Kelantan. This charity effort will be a great help to our displaced members in enduring the floods,‘ Azeehan commended.

Octa

Octa hopes that the New Year will bring benevolent weather to Malaysia, making it possible for the people of affected communities to return to their homes as soon as possible.

Octa

Hashtag: #Octa

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

Octa

is an international broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Hang Lung Signs HK$10 Billion Five-Year Syndicated Loan Facilities

HONG KONG SAR – Media OutReach Newswire – 21 January 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (“the “Company” or “Hang Lung”) announced that it has successfully signed a five-year HK$10 billion loan facilities (“the Facilities”) with a consortium of more than 10 international, Chinese and local banks. The Facilities received an encouraging response from the banking community, demonstrating strong confidence in Hang Lung’s long-term prospects.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties (fourth from the left), and Mr. Kenneth Chiu, Chief Financial Officer of Hang Lung Properties (fifth from the left), with bank representatives (from left to right: United Overseas Bank Limited, Oversea-Chinese Banking Corporation Limited, The Hongkong and Shanghai Banking Corporation Limited, Bank of China (Hong Kong) Limited, and DBS Bank Ltd.) at the closing ceremony of Hang Lung’s five-year syndicated loan facilities
Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties (fourth from the left), and Mr. Kenneth Chiu, Chief Financial Officer of Hang Lung Properties (fifth from the left), with bank representatives (from left to right: United Overseas Bank Limited, Oversea-Chinese Banking Corporation Limited, The Hongkong and Shanghai Banking Corporation Limited, Bank of China (Hong Kong) Limited, and DBS Bank Ltd.) at the closing ceremony of Hang Lung’s five-year syndicated loan facilities

The proceeds from the Facilities will be used to refinance part of the Company’s debt and provide additional working capital to support the Company’s business development.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, said, “The strong demand of the Facilities underscores Hang Lung’s solid credit profile and the market’s trust on our business model. We are committed to utilizing the funds from the Facilities effectively to fuel sustainable business growth. We sincerely appreciate the robust endorsement from the banking sector.”

Mr. Kenneth Chiu, Chief Financial Officer of Hang Lung Properties, said, “Securing this strategic financing will strengthen our financial position, and empower us to implement disciplined capital management while pursuing growth. Furthermore, it will strengthen our banking relationships, bolstering our financial resilience in an evolving market.”

Hang Lung’s five-year syndicated loan facilities received an encouraging response from a consortium of more than 10 international, Chinese and local banks
Hang Lung’s five-year syndicated loan facilities received an encouraging response from a consortium of more than 10 international, Chinese and local banks

The Facilities are backed by:
Bank of China (Hong Kong) Limited
DBS Bank Ltd.
The Hongkong and Shanghai Banking Corporation Limited
Oversea-Chinese Banking Corporation Limited
United Overseas Bank Limited
Agricultural Bank of China Limited Hong Kong Branch
The Bank of East Asia Limited
China Minsheng Banking Corp., Ltd. Hong Kong Branch
China Zheshang Bank Co., Ltd. Hong Kong Branch
Hua Xia Bank Co., Limited Hong Kong Branch
Chong Hing Bank Limited
Hang Seng Bank Limited
First Commercial Bank Ltd.
Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is also recognized for leading the way in enhancing sustainability initiatives in the real estate industry, all the while pursuing sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

Hang Lung Signs HK$10 Billion Five-Year Syndicated Loan Facilities

HONG KONG SAR – Media OutReach Newswire – 21 January 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (“the “Company” or “Hang Lung”) announced that it has successfully signed a five-year HK$10 billion loan facilities (“the Facilities”) with a consortium of more than 10 international, Chinese and local banks. The Facilities received an encouraging response from the banking community, demonstrating strong confidence in Hang Lung’s long-term prospects.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties (fourth from the left), and Mr. Kenneth Chiu, Chief Financial Officer of Hang Lung Properties (fifth from the left), with bank representatives (from left to right: United Overseas Bank Limited, Oversea-Chinese Banking Corporation Limited, The Hongkong and Shanghai Banking Corporation Limited, Bank of China (Hong Kong) Limited, and DBS Bank Ltd.) at the closing ceremony of Hang Lung’s five-year syndicated loan facilities
Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties (fourth from the left), and Mr. Kenneth Chiu, Chief Financial Officer of Hang Lung Properties (fifth from the left), with bank representatives (from left to right: United Overseas Bank Limited, Oversea-Chinese Banking Corporation Limited, The Hongkong and Shanghai Banking Corporation Limited, Bank of China (Hong Kong) Limited, and DBS Bank Ltd.) at the closing ceremony of Hang Lung’s five-year syndicated loan facilities

The proceeds from the Facilities will be used to refinance part of the Company’s debt and provide additional working capital to support the Company’s business development.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, said, “The strong demand of the Facilities underscores Hang Lung’s solid credit profile and the market’s trust on our business model. We are committed to utilizing the funds from the Facilities effectively to fuel sustainable business growth. We sincerely appreciate the robust endorsement from the banking sector.”

Mr. Kenneth Chiu, Chief Financial Officer of Hang Lung Properties, said, “Securing this strategic financing will strengthen our financial position, and empower us to implement disciplined capital management while pursuing growth. Furthermore, it will strengthen our banking relationships, bolstering our financial resilience in an evolving market.”

Hang Lung’s five-year syndicated loan facilities received an encouraging response from a consortium of more than 10 international, Chinese and local banks
Hang Lung’s five-year syndicated loan facilities received an encouraging response from a consortium of more than 10 international, Chinese and local banks

The Facilities are backed by:
Bank of China (Hong Kong) Limited
DBS Bank Ltd.
The Hongkong and Shanghai Banking Corporation Limited
Oversea-Chinese Banking Corporation Limited
United Overseas Bank Limited
Agricultural Bank of China Limited Hong Kong Branch
The Bank of East Asia Limited
China Minsheng Banking Corp., Ltd. Hong Kong Branch
China Zheshang Bank Co., Ltd. Hong Kong Branch
Hua Xia Bank Co., Limited Hong Kong Branch
Chong Hing Bank Limited
Hang Seng Bank Limited
First Commercial Bank Ltd.
Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is also recognized for leading the way in enhancing sustainability initiatives in the real estate industry, all the while pursuing sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

Azbil Wins Frost & Sullivan’s 2024 Southeast Asia Company of the Year Award

Recognized for Advancing Growth Strategy & Technological Innovation

TOKYO, JAPAN – Media OutReach Newswire – 21 January 2025 – Azbil Corporation (Tokyo Stock Exchange Code: 6845) announced that it has won Frost & Sullivan’s 2024 Best Practices Company of the Year Award in the Southeast Asia smart building solutions industry, marking its third consecutive year of recognition. Frost & Sullivan’s Company of the Year Award, its top honor, recognizes Azbil for exemplifying visionary innovation, market-leading performance, and exceptional customer care. This accolade is based on an independent evaluation of two key criteria types: Visionary Innovation & Performance and Customer Impact. Azbil excels in many of the criteria in the smart building solutions space.

Azbil Award-Logo

Frost & Sullivan, a global growth strategy consulting firm, presents Azbil with this award for demonstrating excellence in growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies, and the company’s resulting leadership in customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

Previously, Azbil received these awards from Frost & Sullivan:

  • 2022 and 2023 Southeast Asia Company of the Year Award, Smart Buildings Solutions
  • 2020 and 2021 Southeast Asia Customer Value Leadership Award, Building Automation Systems

Azbil was commended for its commitment to exceeding customer expectations, solidifying its leadership in enhancing building safety, comfort, and energy optimization through advanced automation technology. The company’s expansion strategy is focused on three growth fields —new automation, environment and energy, and life cycle solutions—which enables it to address global challenges and create long-term value. Azbil’s innovative use of AI, IoT, and cloud systems in smart building solutions, coupled with its strong focus on R&D and strategic collaborations, continues to drive innovation.

“Azbil’s success as a pioneer in the smart building solutions industry stems from its ability to adapt to global challenges, leverage its deep expertise in automation, and focus on delivering innovative and comprehensive solutions. By continuously evolving its business model and addressing the needs of a changing world, Azbil remains at the forefront of the industry,” said Mr. Anirudh Bhaskaran, Industry Principal, Energy & Environment, Frost & Sullivan.

“We are honored to receive the esteemed award from Frost & Sullivan. This achievement is a testament to Azbil’s commitment to addressing evolving challenges and opportunities with visionary strategies, smart building automation technologies, and industry-leading best practices to deliver excellence across the value chain. We share this achievement with our employees, customers, and partners, whose collective efforts drive our success. Moving forward, we remain steadfast in advancing industry growth and strengthening our position as a global top value creator for innovative, human-centered solutions,” said Mr. Kazuyasu Hamada, Managing Corporate Executive and President of Building Systems Company, Azbil Corporation.

Click the URL below for a full report from Frost & Sullivan.
https://www.azbil.com/press/pdf/250121-01.pdf

Guided by the Group philosophy of “human-centered automation,” Azbil continues to provide products and solutions that contribute “in series” to creating a sustainable society.

Hashtag: #azbil

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

About Azbil Corporation

formerly known as Yamatake Corporation, is a leading company in building and industrial automation, using its measurement and control technologies to provide customers with high value-added solutions to make their operations more efficient and sustainable. Founded in 1906, Azbil serves customers across the globe in a broad range of industries and aims to contribute to people’s safety, comfort, and fulfilment, and global environmental preservation. At the end of March 2024, Azbil employed about 10,000 people worldwide and generated ¥290.9 billion in revenue.
For more information, please visit .

Azbil Wins Frost & Sullivan’s 2024 Southeast Asia Company of the Year Award

Recognized for Advancing Growth Strategy & Technological Innovation

TOKYO, JAPAN – Media OutReach Newswire – 21 January 2025 – Azbil Corporation (Tokyo Stock Exchange Code: 6845) announced that it has won Frost & Sullivan’s 2024 Best Practices Company of the Year Award in the Southeast Asia smart building solutions industry, marking its third consecutive year of recognition. Frost & Sullivan’s Company of the Year Award, its top honor, recognizes Azbil for exemplifying visionary innovation, market-leading performance, and exceptional customer care. This accolade is based on an independent evaluation of two key criteria types: Visionary Innovation & Performance and Customer Impact. Azbil excels in many of the criteria in the smart building solutions space.

Azbil Award-Logo

Frost & Sullivan, a global growth strategy consulting firm, presents Azbil with this award for demonstrating excellence in growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies, and the company’s resulting leadership in customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

Previously, Azbil received these awards from Frost & Sullivan:

  • 2022 and 2023 Southeast Asia Company of the Year Award, Smart Buildings Solutions
  • 2020 and 2021 Southeast Asia Customer Value Leadership Award, Building Automation Systems

Azbil was commended for its commitment to exceeding customer expectations, solidifying its leadership in enhancing building safety, comfort, and energy optimization through advanced automation technology. The company’s expansion strategy is focused on three growth fields —new automation, environment and energy, and life cycle solutions—which enables it to address global challenges and create long-term value. Azbil’s innovative use of AI, IoT, and cloud systems in smart building solutions, coupled with its strong focus on R&D and strategic collaborations, continues to drive innovation.

“Azbil’s success as a pioneer in the smart building solutions industry stems from its ability to adapt to global challenges, leverage its deep expertise in automation, and focus on delivering innovative and comprehensive solutions. By continuously evolving its business model and addressing the needs of a changing world, Azbil remains at the forefront of the industry,” said Mr. Anirudh Bhaskaran, Industry Principal, Energy & Environment, Frost & Sullivan.

“We are honored to receive the esteemed award from Frost & Sullivan. This achievement is a testament to Azbil’s commitment to addressing evolving challenges and opportunities with visionary strategies, smart building automation technologies, and industry-leading best practices to deliver excellence across the value chain. We share this achievement with our employees, customers, and partners, whose collective efforts drive our success. Moving forward, we remain steadfast in advancing industry growth and strengthening our position as a global top value creator for innovative, human-centered solutions,” said Mr. Kazuyasu Hamada, Managing Corporate Executive and President of Building Systems Company, Azbil Corporation.

Click the URL below for a full report from Frost & Sullivan.
https://www.azbil.com/press/pdf/250121-01.pdf

Guided by the Group philosophy of “human-centered automation,” Azbil continues to provide products and solutions that contribute “in series” to creating a sustainable society.

Hashtag: #azbil

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

About Azbil Corporation

formerly known as Yamatake Corporation, is a leading company in building and industrial automation, using its measurement and control technologies to provide customers with high value-added solutions to make their operations more efficient and sustainable. Founded in 1906, Azbil serves customers across the globe in a broad range of industries and aims to contribute to people’s safety, comfort, and fulfilment, and global environmental preservation. At the end of March 2024, Azbil employed about 10,000 people worldwide and generated ¥290.9 billion in revenue.
For more information, please visit .

New Funding to Accelerate Sandbox VR’s Global Franchise Program Set for Explosive Growth, With 200 Projected Stores in 2027

HONG KONG SAR – Media OutReach Newswire – 21 January 2025 – Sandbox VR, the world’s premier destination for premium location-based virtual reality experiences, expects continued robust growth in its global franchise program in the coming years. To accelerate its growth in North America and Europe, the company has recently raised a US$6.8 million convertible note led by funds managed by Gobi Partners, who has supported the company in multiple rounds of financing.

With over 100k players monthly, Sandbox VR is rapidly growing its global footprint with thriving corporate-owned locations and a robust franchising program.
With over 100k players monthly, Sandbox VR is rapidly growing its global footprint with thriving corporate-owned locations and a robust franchising program.

The company topped 1.4 million tickets sold in 2024. An average Sandbox VR location in the US achieved US$1.7 million in annual revenue.

With a predominant presence in the US and Western Europe, Sandbox VR has grown the number of lifetime franchise operators 3x in 2024 alone, from 8 to 25 total operators. With this momentum, the company plans to operate 200 locations before the end of 2027.

Other notable investors in this round include Abacus Ventures Growth Fund, which has invested over US $1 million, and Hyphen Capital.

Robust Expansion Through Franchise Program

With over 100k players monthly, Sandbox VR is rapidly growing its global footprint with thriving corporate-owned locations and a robust franchising program.

Sandbox VR’s franchise program launched in 2019 for international markets and opened up for the US territories since April 2024. Franchising has been instrumental in making Sandbox VR the fastest-growing location-based VR startup globally, and this momentum signals continued rapid growth, the company said. Its first franchise opened in Singapore in 2019.

“We are passionate about creating the future of entertainment and giving people the opportunity to step into a whole new reality. After opening corporate-owned locations and seeing millions of players gear up to enter our immersive virtual reality experiences, work together toward a common goal, and create connections while being active and having fun, we were excited to expand our presence further,” said Steve Zhao, Founder and CEO of Sandbox VR.

“We knew franchising was a key component of scaling and that it was critical that we work with the right partners, operators who share our passion and believe in our vision. Today, we are thrilled to be working with esteemed franchise partners across the globe and look forward to collaborating with additional partners as our franchise program continues to flourish.”

Chibo Tang, Managing Partner at Gobi Partners, expressed confidence in Sandbox VR’s trajectory, “As a serial backer of Sandbox VR, we have witnessed the company’s remarkable evolution from pioneering immersive entertainment to becoming a global leader in location-based virtual reality. Their focus on global expansion, franchise scalability, proprietary VR technology, and innovative IP development sets them apart in the industry. We are proud to lead this latest round of funding and continue supporting Sandbox VR in its mission to redefine entertainment and create unparalleled experiences for players worldwide.”

Franchise Partners Remain Key to Success with Growth Opportunity in Asia

Asia remains a key market for Sandbox VR, with its strong corporate presence in Hong Kong and Singapore, and corporate-owned locations in Hong Kong, Macau and Shanghai.

Apparel Group, a global fashion and lifestyle conglomerate in the Middle East, partnered with Sandbox VR to bring virtual reality innovation to the region. Apparel Group has over 85 brands and over 2,200 stores across 14 countries. This collaboration will begin with 25 locations in the Middle East.

Sandbox VR’s UK and Ireland franchise partners, VR Entertainment Group, is proof of the strength of the Sandbox VR franchise program. They have launched three UK locations, two in London and one in Birmingham, and plan to open additional locations across the UK and Ireland. In London alone, VR Entertainment Group has seen a 16.8% increase in guests year-to-date and projects their 2024 revenue to top $5 million.

Sandbox VR is working with two franchise partners in Germany, NextLevel Erlebnisse GmbH and Royal Casino DGS GmbH. The former signed an agreement to open three locations in 2022. The success of their first locations led NextLevel Erlebnisse GmbH to expand their agreement in 2023 to 12 locations across West Germany by mid-2026. Franchise partner Royal Casino DGS GmbH executed an ambitious 12-unit deal to open locations across Northern and Eastern Germany by the end of 2026 after reading an article about Sandbox VR. Their first two locations, in Hamburg and Berlin, opened in 2024. With six locations currently open and many more to come, Germany is Sandbox VR’s largest international market.

What Sandbox VR is offering

Sandbox VR is creating the world’s most immersive full-body VR platform and experiences using proprietary, patented technology that combines full-body motion capture and high-quality haptics to provide unprecedented realism and complete immersion that’s not possible with home VR or other location-based VR platforms.

As of January 2025, Sandbox VR offers nine exclusive games, including original and branded experiences, such as Squid Game Virtuals, created in collaboration with Netflix. They are all developed by in-house AAA gaming studios in Hong Kong and Vancouver, led by game industry veterans and are specifically designed for groups to play as social experiences. Teams of up to six freely roam and explore virtual worlds together while relying on each other to succeed and to experience being the stars of their own action movie.

The list of Sandbox VR immersive entertainment experiences

Rebel Moon: The Descent

– Images available HERE

The newest Sandbox VR experience and second partnership with Netflix, Rebel Moon: The Descent allows you to enter the thrilling sci-fi franchise that’s taken the world by storm.
Deadwood PHOBIA

– Images available HERE

The latest installment of VR’s most iconic zombie series, Deadwood PHOBIA takes players into a derelict medical facility crawling with unprecedented, mind-bending horrors.
Squid Game Virtuals – Images available HERE Compete against your crew in several pulse-pounding (yet more approachable, but just as thrilling) mini-games inspired by the #1 Netflix series. Play again and again to experience and master all-new games and challenges.
Seekers of the Shard: Dragonfire – Images available HERE Journey through a world of fantasy and explore a ruined fortress, an underground river, a haunted tomb and the dragon’s tower as you become Seekers of the Shard.
Deadwood Valley – Images available HERE Engage in an adrenaline-pumping thrill-ride through a town overrun by zombies. Your squad could stop the zombie menace forever – or die trying!
Deadwood Mansion – Images available HERE Do you have what it takes to survive a zombie apocalypse? Work with your team to protect Deadwood Mansion from a terrifying horde of undead.
Curse of Davy Jones – Images available HERE Battle on the high seas against a variety of supernatural creatures and hunt for the long-lost treasure of Davy Jones.
Amber Sky 2088 – Images available HERE Become heroic Androids equipped with futuristic weapons and soar through the clouds on a space elevator while defending Earth from an alien invasion.
UFL: Unbound Fighting League – Images available HERE Transform into a futuristic gladiator and compete against your friends in thrilling duels in a breathtaking arena beyond the limits of reality.
To learn more about Sandbox VR franchise opportunities, please visit https://franchise.sandboxvr.com

Hashtag: #SandboxVR


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Sandbox VR

is the world’s premier destination for premium, location-based virtual reality games. The company has created the world’s most immersive full-body VR platform and boasts exclusive games, including original and branded experiences, such as Squid Game Virtuals, created in collaboration with Netflix. Now operating in 54 locations and attracting over 100k players monthly, Sandbox VR is rapidly growing its global footprint with thriving corporate-owned locations and a robust franchising program.

The company has been recognised as one of Fast Company’s and is the 129th fastest-growing company in America on the . Sandbox VR is headquartered in San Francisco, California with offices in Hong Kong and Vancouver. The company has raised over US$60 million from investors, including Andreessen Horowitz, Alibaba Entrepreneurs Fund, Gobi Partners, and Craft. Individual investors include Justin Timberlake, Katy Perry, Kevin Durant and Will Smith.

About Gobi Partners

Gobi Partners is an Asia-focused venture capital firm with US$1.6 billion in Assets Under Management (AUM). Headquartered in Kuala Lumpur and Hong Kong, the firm supports entrepreneurs from the early to growth stages and focuses on emerging and underserved markets.

Founded in 2002, Gobi has raised 21 funds and invested in over 380 startups, with 62 operating in the Circular Economy. Gobi has grown to 15 locations across key markets in Bangkok, Beijing, Dhaka, Guangzhou, Ho Chi Minh City, Hong Kong, Jakarta, Karachi, Kuala Lumpur, Lahore, Manila, Shanghai, Shenzhen, Singapore and Tianjin.

As a Participant in the United Nations Global Compact, Gobi Partners is committed to aligning strategies and operations with universal human rights, labour, environment, and anti-corruption principles to ensure long-term value creation and sustainability across its portfolio. The firm launched its third Sustainability Report in June 2024.

For more information about Gobi Partners, please visit https://gobi.vc