SYMPOSIUM HIGHLIGHTS ASEAN LEADERSHIP ON WETLANDS CONSERVATION

Dynamic partnerships and comprehensive national programs in Southeast Asia provided a powerful testimony to the leadership of the Association of Southeast Asian Nations (ASEAN) in global efforts on wetlands conservation, during a virtual symposium on 08 February to celebrate World Wetlands Day 2022.

The symposium established the critical role of the ASEAN Centre for Biodiversity (ACB), located in Los Banos, Laguna, Philippines in promoting and mainstreaming the biodiversity and environment agenda in regional cooperation among 10 ASEAN member states, who together host 60 per cent of the world’s peatlands and 42 percent of the world’s mangrove forests.

The Philippine Mission to the United Nations and other international organizations in Geneva, in partnership with the Geneva-based Secretariat of the RAMSAR Convention on Wetlands and the ACB organized the event, that gathered over 100 participants from Geneva, other European cities, Nairobi, and Southeast Asian capitals.

In his opening remarks, Philippine Permanent Representative to the United Nations Ambassador Evan P. Garcia underscored the need for synergy and complementarity of a global commitments under the RAMSAR Convention on Wetlands, and regional and local action on protection and conservation of wetlands. He cited the important role of global and regional institutions like Ramsar and ACB in facilitating more coordinated and effective global action on the protection and conservation of wetlands.

The panel of experts included Secretary General of the Convention on Wetlands (Ramsar) Martha Rojas Urrego and ASEAN Centre for Biodiversity (ACB) Executive Director Teresa Mundita Lim, along with a panel of experts from ASEAN Member States, Dr. Srey Sunleang of the Ministry of Environment of Cambodia, Mr. Chantone Phothitay of the Ministry of Agriculture and Forestry of Lao PDR, Dr. Nguyen Xuan Dung of the Ministry of Natural Resources and Environment of Vietnam and Mr. Yus Rusila Noor of Wetlands International Indonesia.

Secretary General Rojas underlined the international recognition for the importance of the wetlands, with the UN declaration last year of 2 February as International Wetlands Day, and the opportunity for Southeast Asia and other regions to contribute to advancing commitments and synergies at the Conference of Parties (COP 14) to the RAMSAR Convention which is scheduled in Wuhan, China later this year.

Executive Director Mundita Lim presented an overview of the comprehensive and targeted programs of the ACB to facilitate multi-stakeholder partnerships and national capacities to protect the extraordinary wealth of natural resources in the ASEAN region. She stressed the need for regional and global actions that recognize the intricate nexus of biodiversity, climate change, sustainable development, community empowerment, strategies on post-Covid recovery and disaster risk resilience and economic and financing policies.

The national speakers from Cambodia, Laos, Vietnam and Indonesia stressed the value of sound and strong national policy frameworks and programs that advance wetlands conservation, and cited challenges, but also prospects for strengthening local programs. Their remarks also emphasized the need to support further work on the ground on awareness-raising, assessments and inventories of wetland resources, and mapping of ecosystems, as well as in valuation of ecosystem services.

In his closing remarks, Ambassador An Sokkhoeurn, Permanent Representative of Cambodia to the UN in Geneva, emphasized that the symposium has underscored the power of multilateral action to address threats to wetlands and the populations and economies that depend on them, citing that the theme of the World Wetlands Day align with the theme of Cambodia’s chairing of the ASEAN this year, which is ASEAN A.C.T.; Addressing Challenges Together.

The symposium was the Philippine contribution to a series of events in celebration of World Wetlands Day 2022, which carries the theme “Wetlands in action for people and nature”.

 

 

Source: Republic of Philippines Department Of Foreign Affairs

ONE MAN AND TWO WOMEN TO BE CHARGED FOR PROVIDING UNLICENSED PAYMENT SERVICES

A man and two women, aged between 34 and 52 years old, will be charged in court on 10 February 2022 for their suspected involvement in providing unlicensed cross-border inward money transfer payment services.

Investigations revealed that from January to March 2021, the trio had allegedly provided cross-border inward money transfer payment services involving cash amounting more than S$2,440,000 from abroad. They did not possess any licence issued by the Monetary Authority of Singapore to provide payment services. All three persons will be charged with two counts under Section 5(3)(a) of the Payment Services Act 2019 each. If convicted, the accused persons can be fined up to $125,000, or jailed for up to three years, or both.

The Police would like to advise members of the public to engage banks or licensed cross-border money transfer agents instead of unlicensed payment service entities to avoid the risks of losing their money. The Police will not hesitate to take action against any individuals or entities involved in conducting unlicensed cross-border money transfer services, as they pose the risk of being conduits for money laundering and terrorist financing.

 

Source: Singapore Police Force

WOMAN ARRESTED FOR INVOLVEMENT IN INVESTMENT SCAMS

The Police have arrested a 53-year-old woman for her suspected involvement in a series of investment scams.

On 3 February 2022, the Police received reports from victims who were purportedly cheated by a woman in an investment scheme involving the buying and selling of branded bags, in which they were led to believe that they could earn 12% commission from it. The victims participated in the scheme and transferred funds to a bank account provided by the woman. After making the bank transfer, the victims purportedly did not receive the commission as promised. The victims later suspected that they had fallen victim to a scam and reported the matter to the Police.

Through investigations, officers from Tanglin Division established the identity of the 53-year-old woman and arrested her on 8 February 2022. A mobile phone was seized as case exhibit. Preliminary investigations revealed that the woman is believed to be involved in at least three cases of investment scams amounting to $24,100.

The woman will be charged in court on 10 February 2022 with cheating under Section 420 of the Penal Code 1871. The offence carries an imprisonment term of up to ten years and a fine.

The Police take a serious view against any person who is involved in scams and frauds, and perpetrators will be dealt with sternly in accordance with the law.

If you have information related to such crimes or if you are in doubt, please call the Police Hotline at 1800-255-0000, or submit it online at www.police.gov.sg/iwitness. For more information on scams, members of the public can visit www.scamalert.sg or call the Anti-Scam Hotline at 1800-722-6688.

 

Source: Singapore Police Force

AGC Biologics Supports Omicron-based Vaccine Candidate Manufacturing with Starting Material

Global CDMO’s Heidelberg Facility Supplies more pDNA material to help address growing needs

Heidelberg, Germany, Feb. 08, 2022 (GLOBE NEWSWIRE) — AGC Biologics, a leading global Biopharmaceutical Contract Development and Manufacturing Organization (CDMO), today announced an expanded partnership to supply more plasmid DNA (pDNA) starting material for the Pfizer-BioNTech COVID-19 vaccine at the company’s Heidelberg facility.

According to a recent news release from Pfizer and BioNTech, the companies have started to develop an Omicron-based COVID-19 vaccine with first batches expected to be ready for delivery by end of March 2022.

“We are proud to continue to support BioNTech and supply them with pDNA materials for their vaccine production, as a part of the fight against new pandemic variants,” said AGC Biologics Chief Executive Officer, Patricio Massera. “Our pDNA services are a part of our growing global Cell and Gene Therapy offering that includes the development and manufacturing of cell therapies, viral vectors, and messenger RNA.”

“This type of work is what drives us every day,” says AGC Biologics General Manager, Heidelberg, Dieter Kramer. “We appreciate this opportunity to help make a difference in the lives of people around the world and produce life-saving treatments.”

The AGC Biologics Heidelberg facility has more than 20 years of experience delivering a wide range of programs for customers. The site is the company’s Center of Excellence for pDNA production, and a central part of the AGC Biologics global network of cell and gene therapy-focused facilities, with additional locations in Milan, Italy and Longmont, Colorado, USA.

For more information on AGC Biologics’ Plasmid DNA offering visit www.agcbio.com/plasmid-dna. To learn more about the company’s broader cell and gene therapy services visit www.agcbio.com/cell-therapy.

About AGC Biologics
AGC Biologics is a leading global biopharmaceutical Contract Development and Manufacturing Organization (CDMO) with a strong commitment to delivering the highest standard of service as we work side-by-side with our clients and partners, every step of the way. We provide world-class development and manufacture of mammalian and microbial-based therapeutic proteins, plasmid DNA (pDNA), messenger RNA (mRNA), viral vectors, and genetically engineered cells. Our global network spans the U.S., Europe, and Asia, with cGMP-compliant facilities in Seattle, Washington; Boulder and Longmont, Colorado; Copenhagen, Denmark; Heidelberg, Germany; Milan, Italy; and Chiba, Japan and we currently employ more than 2,000 employees worldwide. Our commitment to continuous innovation fosters the technical creativity to solve our clients’ most complex challenges, including specialization in fast-track projects and rare diseases. AGC Biologics is the partner of choice. To learn more, visit www.agcbio.com.

Nick McDonald
AGC Biologics
(425) 419-3555
nmcdonald@agc.com

Virtusa Announces Expiration and Receipt of Requisite Consents with respect to Consent Solicitation

SOUTHBOROUGH, Mass., Feb. 08, 2022 (GLOBE NEWSWIRE) — Virtusa Corporation (“Virtusa”), a leading IT services provider that enables the digital transformation of Global 2000 enterprises by designing, building, and implementing the end-to-end technology solutions that are essential to compete in a digital-first world, today announced the expiration of its previously announced solicitation of consents (the “Consent Solicitation”) and the receipt of the Requisite Consents (as defined below) from the holders (the “Holders”) of the 7.125% Senior Notes due 2028 (the “Notes”) issued by Virtusa and Austin HoldCo Inc., a Delaware corporation (together with Virtusa, the “Issuers”) necessary to effect the amendment (the “Amendment”) to the indenture governing the Notes (as supplemented, the “Indenture”), as described in the Issuers’ Consent Solicitation Statement dated January 31, 2022 (the “Statement”).

The Consent Solicitation expired at 5:00 PM, New York City Time, on February 8, 2022 (the “Expiration Date”). The Holders of a majority in aggregate principal amount of the outstanding Notes have validly delivered and did not revoke consents to the Proposed Amendment (the “Requisite Consents”). Accordingly, the Issuers, the guarantors party to the Indenture and the Indenture trustee will execute a supplemental indenture to the Indenture (the “Supplemental Indenture”) to effect the Amendment. The time and date on which the Supplemental Indenture is executed is hereinafter referred to as the Consent Time.

The Issuers will pay to the Holders who delivered valid and unrevoked consents to the Amendment on or prior to the Expiration Date (the “Consenting Holders”) an amount equal to $10 per $1,000 in principal amount of Notes (the “Consent Payment”) held by the Consenting Holders to the Depository Trust Company (“DTC”) for the benefit of the Consenting Holders, subject to the terms and conditions set forth in the Statement. The Issuers expect to pay, or cause to be paid, the Consent Payment on February 15, 2022 (the “Settlement Date”). No accrued interest will be paid in respect of the Consent Payment.

Although the Supplemental Indenture and the related Amendment will become effective immediately upon execution at the Consent Time, the Amendment will not be operative until the Consent Payment is paid to DTC for the benefit of the Consenting Holders on the Settlement Date.

BofA Securities is the solicitation agent in the Consent Solicitation and D.F. King & Co, Inc. has been retained to serve as the information and tabulation agent. Persons with questions regarding the Consent Solicitation should contact BofA Securities at 980-388-3646 or debt_advisory@bofa.com. Requests for the Statement should be directed to D.F. King & Co, Inc. at 212-269-5550 (Banks and Brokers), 800-431-9646 (All Others Toll Free) or by email at virtusa@dfking.com

None of the Issuers, the solicitation agent, the information and tabulation agent or the indenture trustee makes any recommendation as to whether Holders of the Notes should deliver any consents. Each Holder must make its own decision as to whether or not to deliver consents.

This press release is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any security. This announcement is also not a solicitation of consents with respect to the Proposed Amendments or otherwise. The Consent Solicitation is being made solely through the Statement referred to above and related materials. The Consent Solicitation is not being made to Holders of Notes in any jurisdiction in which the Issuers are aware that the making of the Consent Solicitation would not be in compliance with the
laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Consent Solicitation to be made by a licensed broker or dealer, the Consent Solicitation will be deemed to be made on the Issuers’ behalf by the solicitation agent or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. Neither the Statement nor any documents related to the Consent Solicitation have been filed with, and have not been approved or reviewed by, any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Statement or any documents related to the Consent Solicitation, and it is unlawful and may be a criminal offense to make any representation to the contrary.

Forward-Looking Statements

This communication contains forward-looking statements. The Company generally identifies forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar words. These statements are only predictions. The Company has based these forward-looking statements largely on its then-current expectations and projections about future events and financial trends as well as the beliefs and assumptions of management. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, those risks detailed in the Company’s most recent Annual Report. Accordingly, you should not rely upon forward-looking statements as predictions of future events. The Company cannot assure you that the events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results could differ materially from those projected in the forward-looking statements. The forward-looking statements made in this communication relate only to events as of the date on which the statements are made. Except as required by applicable law or regulation, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.

About Virtusa

Virtusa Corporation is a global provider of digital engineering and information technology (IT) outsourcing services that accelerate business outcomes for its clients. Virtusa supports Global 2000 clients across key industries including banking, financial services, insurance, healthcare, communications, technology, and media and entertainment.

Virtusa helps improve business performance through accelerating revenue growth, delivering compelling consumer experiences, improving operational efficiencies, and lowering overall IT costs. Virtusa provides services across the entire spectrum of the IT services lifecycle, from consulting, to technology and user experience design, development of IT applications, systems integration, digital engineering, testing and business assurance, and maintenance and support services, including cloud, infrastructure and managed services. Virtusa helps its clients solve critical business problems by leveraging a combination of its distinctive consulting approach, end-to-end digital engineering capabilities, unique platforming methodology, and deep domain and technology expertise.

About BPEA

Baring Private Equity Asia (BPEA) is one of Asia’s largest private alternative investment firms, with assets under management of over $37 billion. BPEA manages a private equity investment program, sponsoring buyouts and providing growth capital to companies for expansion or acquisitions with a particular focus on the Asia Pacific region, as well as dedicated funds focused on private real estate and private credit. The firm has a 25-year history and over 210 employees located across 10 offices in Beijing, Delhi, Hong Kong, London, Los Angeles, Mumbai, Singapore, Shanghai, Sydney, and Tokyo.

Media Contact:

Matt Berry
Conversion Marketing
matt@conversionam.com

Marsel Khaliullin ได้รับเลือกให้เป็นผู้จัดการสายงานธุรกิจของ Aftermarket Services Russia และ CIS, Nikkiso Industrial Russia

เตเมคูลา แคลิฟอร์เนีย, Feb. 09, 2022 (GLOBE NEWSWIRE) — กลุ่มพลังงานสะอาดและก๊าซอุตสาหกรรมของ Nikkiso Cryogenic Industries (กลุ่ม) ซึ่งเป็นบริษัทในเครือของ Nikkiso Co., Ltd (ประเทศญี่ปุ่น) มีความยินดีที่จะประกาศว่า Marsel Khaliullin ได้รับการเสนอชื่อให้เป็นผู้จัดการสายงานธุรกิจของ Aftermarket Services Russia และ Cryogenic Industries Service สำหรับ Nikkiso Industrial Russia (NIR)

เขาจะจัดการและสนับสนุน Aftermarket Services ซึ่งอยู่ในรัสเซีย โดยรายงานต่อ Ayman Zeitoun สำหรับ NIR และ Jim Estes สำหรับ CIS

Marsel มีประสบการณ์มากกว่า 20 ปีในการทำงานในตำแหน่งต่าง ๆ ในธุรกิจการซ่อมบำรุงและวิศวกรรมที่เกี่ยวข้องกับอุปกรณ์หมุน รวมถึงประสบการณ์ 6 ปีที่ผ่านมาในด้านอุตสาหกรรมน้ำมันและก๊าซในอิรัก อีกทั้งยังมีประสบการณ์การทำงานร่วมกับบริษัทต่างประเทศอีก 10 ปีอีกด้วย ในช่วงสองปีที่ผ่านมา Marsel ได้จัดการเวิร์กช็อปอุปกรณ์หมุนให้แก่ SPM Oil & Gas ซึ่งเป็นบริษัทของ Caterpillar

Ayman Zeitoun รองประธานและกรรมการผู้จัดการ – ประเทศรัสเซีย – ฝ่ายปฏิบัติการกล่าวว่า “ประสบการณ์และความรู้ในอุตสาหกรรมของคุณ Marsel จะเป็นประโยชน์อย่างยิ่งต่อ NIR และเราหวังว่าเขาจะให้ความช่วยเหลือเราได้เป็นอย่างดี”

นอกจากนี้ Nikkiso ยังคงมุ่งมั่นที่จะแสดงตัวตนให้เป็นที่ประจักษ์แก่ลูกค้า ทั้งในระดับสากลและระดับท้องถิ่

ข้อมูลเกี่ยวกับ CRYOGENIC INDUSTRIES
บริษัทสมาชิก Cryogenic Industries, Inc. (ปัจจุบันเป็นสมาชิกของ Nikkiso Co., Ltd.) ผลิตอุปกรณ์แปรรูปก๊าซไครโอเจนทางวิศวกรรมและโรงงานขนาดเล็กสำหรับแปรรูปก๊าซธรรมชาติเหลว (LNG) บริการจัดการหลุมปิโตรเลียมหลังการขุดเจาะ และอุตสาหกรรมก๊าซสำหรับอุตสาหกรรม Cryogenic Industries ก่อตั้งขึ้นเมื่อ 50 ปีที่แล้ว โดยเป็นบริษัทแม่ของ ACD, Cosmodyne และ Cryoquip และเป็นกลุ่มที่ควบคุมโดยทั่วไปซึ่งมีหน่วยงานปฏิบัติการประมาณ 20 แห่ง

สำหรับข้อมูลเพิ่มเติม โปรดไปที่ www.nikkisoCEIG.com และ www.nikkiso.com.

สำหรับการติดต่อด้านสื่อ:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com