ASEAN foreign ministers to meet in Washington before summit with US

Southeast Asian foreign ministers will meet “unofficially” in Washington on Wednesday to discuss the Myanmar junta reneging on a consensus with ASEAN to move the country back towards democracy, Malaysia’s foreign ministry said.

At the meeting to be held on the eve of a two-day U.S.-ASEAN summit in the American capital, Malaysian Foreign Minister Saifuddin Abdullah will call for unofficial engagement by the Association of Southeast Asian Nations with Myanmar’s parallel civilian National Unity Government (NUG), the ministry said Monday.

“The meeting will be held on the 11th in Washington,” Saifuddin’s press secretary told BenarNews.

“It will be held face to face as most leaders will be there.”

The official also confirmed that Saifuddin had told a local newspaper, The Star, that the May 11 meeting was being held unofficially and to discuss the post-coup crisis in Myanmar.

“We will put forward several views on how we can ensure the 5PC is implemented properly,” the minister said in an interview Saturday with The Star.

Saifuddin was referring to a five-point consensus agreed upon among ASEAN members, including the Burmese junta, which overthrew the civilian government of Aung San Suu Kyi on Feb. 1, 2021, three months after her party won re-election by a landslide.

Most analysts agree that implementation of the consensus, which was reached on April 24 last year, has been a colossal failure. ASEAN envoys appointed by successive chairs of the regional bloc have not been able to meet with all parties concerned, and the junta’s forces have unleashed even more violence after agreeing to the consensus.

More than 1,800 people, mostly civilians, have been killed by Myanmar’s security forces since the coup, and nearly 11,000 people have been arrested, charged or sentenced by the military regime.

The consensus had called for the “immediate cessation of violence”; a constructive dialogue among all parties; the mediation of such talks by a special envoy of the ASEAN chair; provisions of humanitarian assistance coordinated by ASEAN; and a visit to Myanmar by an ASEAN delegation, headed by the special envoy, to meet with all parties.

‘Engage the NUG’

Meanwhile, Saifuddin, who had earlier said he would propose that ASEAN start an informal dialogue with the NUG and the National Unity Consultative Council, reiterated that he would make this proposal at this week’s meeting. The NUCC includes representatives of the NUG, civil society groups, ethnic armed organizations, and civil disobedience groups.

“It’s okay for us to show impartiality but we should engage [the NUG] because according to the 5PC, we need to engage all stakeholders,” he said.

This did not imply ASEAN was taking sides, he noted. Besides, Saifuddin had said in late April that he already contacted the NUG.

“We have no business in choosing sides. We have to take into consideration that the NUG is a government that was formed through an election and the NUCC is the grouping of all kinds of organizations, parliamentarians, civil society organizations, ethnic groups and regional groups,” Saifuddin told The Star.

The Malaysian foreign minister’s comments came about a week after the Myanmar junta’s foreign ministry reacted furiously to his earlier suggestion that ASEAN engage unofficially with the NUG.

On May 3, the state-run Global New Light of Myanmar newspaper quoted the junta’s foreign ministry as saying it “protests and rejects” the Malaysian foreign minister’s remarks, because “they could abet terrorism and violence in the country, hampering the Myanmar Government’s anti-terrorism efforts and infringe international agreements related to combatting terrorism.”

Separately, a group of Southeast Asian parliamentarians on Monday urged ASEAN and the U.S. to take the opportunity of their meeting next week to initiate tougher action against the Myanmar military.

“We urge the U.S. and ASEAN to adopt much stronger measures than those taken so far, including the suspension of Myanmar’s membership in the group, travel bans in the region for Min Aung Hlaing and his generals, and targeted sanctions against the leaders of the coup,” ASEAN parliamentarians for Human Rights said in a statement.

BenarNews is an RFA-affiliated online news service.

Hong Kong’s one-horse leadership poll marks end of city’s special status: analysts

Hong Kong’s one-horse leadership poll, which selected former security chief John Lee — the only candidate — for the city’s top job at the weekend, has wiped out any distinction between the city and the rest of mainland China, commentators said on Monday.

Lee, a former police officer who oversaw a violent crackdown on the 2019 protest movement, was “elected” by a Beijing-backed committee under new rules imposed on the city to ensure that only those loyal to the ruling Chinese Communist Party (CCP) can hold public office.

Ninety-nine percent of the 1,500-strong committee voted for Lee, who was the only candidate on the slate.

Lee, who takes office on July 1, the anniversary of the 1997 handover to China, vowed to “start a new chapter” in Hong Kong, which has seen waves of mass, popular protest over the erosion of the city’s promised freedoms in recent years.

He also denied that anyone had been detained or imprisoned for “speech crimes” under a draconian national security law imposed on the city by Beijing from July 1, 2020, saying that people were only taken to court because of their “actions.”

Incumbent chief executive Carrie Lam said Saturday‘s “election” showed why a citywide crackdown on dissent and political opposition, which included the changes to electoral processes, was needed.

“[The] chief executive election was very important, because … it meant we were able to fully implement a political system in which Hong Kong is ruled by patriots,” Lam told reporters.

She thanked Beijing for restoring “stability” in Hong Kong with the national security law and the electoral changes.

The national security law ushered in a citywide crackdown on public dissent and criticism of the authorities that has seen several senior journalists, pro-democracy media magnate Jimmy Lai and 47 former lawmakers and democracy activists charged with offenses from “collusion with a foreign power” to “subversion.”

“National security education” — a CCP-style propaganda drive targeting all age-groups from kindergarten to university — is also mandatory under the law, while student unions and other civil society groups have disbanded, with some of their leaders arrested in recent months.

Chan Po-ying (2nd R) of the League of Social Democrats waits as police question two of her colleagues before they hold a protest against the selection process of the city's chief executive in Hong Kong , May 8, 2022. Credit: RFA.
Chan Po-ying (2nd R) of the League of Social Democrats waits as police question two of her colleagues before they hold a protest against the selection process of the city’s chief executive in Hong Kong , May 8, 2022. Credit: RFA.

‘Steady erosion of political and civil rights’

In a joint statement, the foreign ministers of Canada, France, Germany, Italy, Japan, the U.K. and the U.S. criticized Lee’s “election” as “part of a continued assault on political pluralism and fundamental freedoms.”

“The current nomination process and resulting appointment … further erode the ability of Hongkongers to be legitimately represented. We are deeply concerned about this steady erosion of political and civil rights and Hong Kong’s autonomy,” they said.

EU foreign policy chief Josep Borrell said Lee’s selection had “violated democratic principles and political pluralism in Hong Kong.”

Chinese foreign ministry spokesman Zhao Lijian said Beijing believed that Lee would lead a new administration and the people of Hong Kong to “a new prospect of good governance.”

A Taiwan-based Hongkonger who have only the surname Wong said the city had entered a “new era,” referencing the political ideology of CCP leader Xi Jinping.

“What is this era? It is one of rule by a military regime and of white terror of a kind that Taiwan has seen before; an era of dictatorship,” Wong said.

“I don’t think there is any more room for breakthroughs or changes to the way things are developing for civil society in Hong Kong, or to the system,” he said. “There’s no going back from this.”

A former 2019 protester who gave only the nickname Joker said he had also left his home city for democratic Taiwan, and has no prospect of going back there any time soon.

“It makes no difference to me whether John Lee comes to power or not; the government has had no respect for us since [the protests],” he said. “For me, Hong Kong is no longer the Hong Kong I once knew. It is no longer our home.”

Former Causeway Bay bookstore manager Lam Wing-kei, also exiled in Taiwan, said the process had accelerated quicker than he had expected.

“Things are worse in Hong Kong than I had previously thought they would get,” Lam told RFA. “It’s just like … [the rest of China] … The main thing now is obedience; obeying orders from central government,”

‘A tragedy for Hong Kong’

Taiwan-based current affairs commentator Sang Pu said Lee is likely to take an even harder line on matters deemed “national security” by Beijing than Carrie Lam.

“John Lee is a security chief, not a decision-maker; he’s the white glove [concealing the iron fist] of the CCP,” Sang told RFA. “It’s clear from his record that he has a tough style, and may be even more vicious than either Carrie Lam or [her predecessor] Leung Chun-ying.”

“[For example,] I understand that prisons in Hong Kong are becoming more and more indistinguishable from prisons in China,” he said. “I think CCP will seize even more control of Hong Kong in future, with religion, families and communities deeply impacted … no different from Xinjiang or the Soviet Union.”

“This is a tragedy for Hong Kong.”

Huang Chieh-chung, associate professor of international affairs and strategy at Taiwan’s Tamkang University, said Lee will also likely preside over even harsher national security legislation under Article 23 of Hong Kong’s Basic Law.

He said it was a move in the wrong direction.

“The best thing would be for Beijing to govern Hong Kong as little as possible, and let the people of Hong Kong decide what the [differences between Hong Kong and China are],” Huang said.

“The more Hongkongers have a right to speak up, the better.”

Fan Shih-ping, professor at the Institute of Politics at Taiwan Normal University, said any distinction between Hong Kong and mainland China has been eroded with Lee’s accession to power.

“Hong Kong has become a police state, dominated by the police, with a chief executive who comes from the police,” Fan said.

“When we in Taiwan see this unfolding, we see a Hong Kong that is totally different from the way it was before.”

He said Taiwan should beware of accepting Beijing’s offer to rule the democratic island under the “one country, two systems” model promised to Hong Kong.

Translated and edited by Luisetta Mudie.

Police sent to Beijing university campus amid growing public anger over zero-COVID

Police were deployed to the campus of Beijing International Studies University at the weekend, as authorities in Shanghai step up forcible, mass isolation of residents in the wake of a top-down directive from ruling Chinese Communist Party (CCP) leader Xi Jinping.

A post on the BISU leaders’ message board said restrictions on people entering and leaving the school campus and the fencing off of living areas to prevent the spread of COVID-19 had been implemented with no consultation, and before any official announcement had been made.

It said workers sent in to implement the restrictions and carry out disinfection work weren’t wearing masks, and that the measures had done little to stem the spread of the virus.

“Please could the leaders take charge on behalf of ordinary people,” the post said, adding that people were bound to gather in public spaces if they were prevented from moving around freely.

A video clip apparently shot at the BISU campus over the weekend showed rows of uniformed police officers standing ready, while a law enforcement officer gave a warning by megaphone.

“This is your first warning,” the officer says. “We hope you will cooperate with the school CCP committee … and disperse immediately.”

“If you are still here after the third warning, then the police will take lawful action to clear the area,” the officer says.

After an official tells them to use official channels to pursue complaints, one person shouts: “You’re crazy! What channels do I have?”

The BISU website posted a call for the university to obey CCP leader Xi Jinping’s call on colleges and universities to take part in his zero-COVID policy, which has led to grueling lockdowns enforced by steel barriers, forcible transfers to isolation facilities and ongoing mass testing in major cities including Shanghai, affecting tens of millions of people.

The BISU party committee said it viewed disease control and prevention as “the political priority for the present,” and would “resolutely implement” the policy, without need for local centers for disease control and prevention (CDCs) to get involved.

City lockdown

In Beijing’s Chaoyang district, residents of the Jiayuan residential compound were placed under lockdown by officials, who welded them into their apartment buildings with steel barriers.

Beijing resident Wang Qiaoling said dozens of families were confined to their homes by the move.

“These are 28-story high-rise apartment buildings, usually with three households to a floor, and sometimes four, so multiply 28 by three … it’s really scary,” Wang said. “Are any of them patients needing dialysis? Any who need to attend hospital or get out to buy medicines on a regular basis?”

Shanghai’s lockdown has resulted in an unknown number of seriously ill patients dying due to lack of access to hospitals, which are insisting on negative PCR results, a test that can take up to 48 hours to return a result.

“Is this what they mean by serving the people?” Wang said. “I bet the person giving this order didn’t have any family members in that block.”

“We had the Wuhan lockdown of 2020, and they’re still locking cities down. Not just lockdowns, either, but welding people’s buildings shut.”

Beijing-based current affairs commentator Ji Feng said Chaoyang is one of the most densely populated districts in Beijing.

While most people in the city are currently going about their lives in a normal manner, the targeted lockdown in Chaoyang show how far local officials are willing to go to please those higher up.

“It’s overkill at each level of the hierarchy,” Ji said. “If something gets said at the highest level, then every level below that overdoes the response, for fear of [spoiling their service record].”

“If nothing bad happens, there are no bad consequences for overdoing things … in China, no questions get asked by leaders or those lower down about the process; only the result,” he said.

‘Many are resisting’

Since Xi’s speech reiterating his commitment to the zero-COVID policy, authorities in Shanghai have also stepped up lockdown measures, emptying entire residential buildings and taking residents away to isolation centers if only one person tests positive for COVID-19.

“Please don’t go out,” a residential official is heard saying in one video posted to social media. “The entire building will be taken away if even a single person tests positive.”

Other videos showed enforcement personnel in PPE white suits forcing their way in to people’s homes, spraying disinfectant all over their belongings, and separating a woman from her child.

In one video, a resident refuses to leave with officials or to hand over the keys to her apartment.

A Shanghai resident surnamed Chen said people are trying to resist.

“Many people are resisting,” Chen told RFA. “I told them that it didn’t matter which leader came up with this idea; that it was totally unreasonable.”

Signs of widespread dissent are also emerging online, only to be rapidly silenced.

Chinese constitutional expert Tong Zhiwei had his Weibo account shut down after he wrote a post arguing that the forcible removal of residents to isolation centers, as well as the requisitioning of their homes for isolation purposes, is illegal in the absence of emergency legislation.

“These agencies have no right to use coercive means to force residents to be quarantined in makeshift hospitals,” Tong wrote. “Public authorities at all levels and of all types in Shanghai have the responsibility and obligation to immediately stop the use of coercive means to send any residents other than patients, pathogen carriers, and suspected patients to isolation facilities.”

He said the forcible requisitioning of people’s homes is also illegal.

“Officials in Shanghai forcing residents to hand over their house keys, then sending people into their homes for ‘disinfection’, is trespassing illegally in citizens’ homes,” Tong wrote, adding, “this practice has already been implemented in some areas.”

Translated and edited by Luisetta Mudie.

China steps up drills around Taiwan, Japan scrambles jets due to airspace intrusion

The Chinese military conducted live-fire drills around Taiwan over the weekend, its official website said Monday, while Japan reported scrambling fighter jets because of a suspected intrusion of its airspace over the East China Sea.

In a short dispatch on Monday, the military’s website said “naval, air and conventional missile forces of the Chinese PLA Eastern Theater Command held drills in seas and airspace to the east and southwest of Taiwan Island from May 6 to 8, in a bid to test and improve the joint operations capability of multiple services and arms.” PLA stands for People’s Liberation Army.

It didn’t provide further details.

The Japanese Ministry of Defense’s (JMOD’s) Joint Staff also confirmed via its social media that from May 6 to 8, Japanese air force’s fighters “scrambled to cope with a suspected intrusion into Japan’s airspace over the East China Sea and the Pacific Ocean.”

Before that on Sunday, the JMOD issued a press release saying that the Chinese aircraft carrier Liaoning and four other warships were spotted on May 7 in the waters about 150 kilometers (95 miles) south of Ishigaki Island, Okinawa Prefecture.

On May 6, the number of ships in the flotilla was six, the ministry said.

‘Future operations against Taiwan’

The Chinese vessels were conducting live-fire drills with carrier-based fighters and helicopters, the JMOD said, adding that Japan’s Izumo light aircraft carrier was dispatched to monitor the situation.

RFA has approached the Taiwanese Ministry of National Defense (MOND) for comment on the latest Chinese drills.

Taiwan’s local media reported that he ministry has deployed Sky Bow III missiles, which have a maximum range of 200 kilometers (125 miles), to deal with threats to eastern Taiwan. F-16V fighter jets will be deployed at Taitung’s Chihang Base and a number of Hsiung Feng III and Harpoon missiles will also be moved to the east.

Taiwanese people consider themselves citizens of a sovereign country but China claims the self-ruling, democratic island is a breakaway province of China and vows to unite it with the mainland, by force if necessary.  

AP20198178919048.jpg
A file photo showing a rocket being fired from a Thunderbolt 2000 multi-rocket launcher during military exercises in Taichung City, central Taiwan, July 16, 2020. (AP Photo)

Experts said that the appearance of the Chinese aircraft carrier Liaoning and aircraft near eastern Taiwan was a direct challenge to the island. Qi Leyi, a Taipei-based military analyst and commentator for RFA Mandarin, said that the PLA joint combat drills will escalate further in the future.

“The sea and the airspace east and southwest of Taiwan will remain the focus of future operations against Taiwan,” Qi said.

“Besides naval and air forces, the conventional missile force will be utilized, too, to attack Taiwan’s important political and military targets,” he said.

Shen Ming-ShiI, acting deputy chief executive officer at Taiwan’s Institute for National Defense and Security Research, a government think-tank, said that in addition to demonstrating the capabilities of the aircraft carrier battle group, the Chinese drills around Taiwan also aim “to demonstrate the PLA blue water combat capabilities.”

“It’s likely that one or two Chinese submarines have also conducted coordinated exercises underwater,” Shen said.

The Taiwanese MOND said on May 6, 18 Chinese military planes entered the southwestern and southeastern parts of Taiwan’s air defense identification zone, the largest intrusion by Chinese military aircraft so far in May.

Put on alert

A week ago on May 2, the Japanese and Taiwanese militaries were put on alert after spotting a flotilla led by the Liaoning aircraft carrier sailing from the East China Sea towards the Pacific Ocean.

On that day, the aircraft carrier was accompanied by seven destroyers and supply vessels, forming the largest Liaoning carrier group in recent voyages, according to the Chinese mouthpiece Global Times.

Among seven warships in the Liaoning carrier group were the Type 055 large guided missile destroyer Nanchang, the Type 052D guided missile destroyer Chengdu, and the Type 901 comprehensive supply ship Hulunhu.

The Liaoning – China’s first aircraft carrier – was seen carrying a number of J-15 fighter jets as well as Z-8 and Z-9 helicopters.

The carrier group is on a “routine, realistic combat training mission,” said the hawkish newspaper.

Last December, the aircraft carrier and five other vessels conducted drills in the Yellow Sea, the East China Sea and the West Pacific for 21 days in order to boost its combat capability.

The Global Times quoted Shi Hong, the editor of a Chinese military magazine, as saying that the waters where the Liaoning carrier group is holding drills is “a vital sea region should a reunification-by-force operation take place.”

“By moving in tandem with aerial and maritime forces from the Chinese mainland, the carrier group could completely cut off the routes foreign forces may take if they militarily interfere with the Taiwan question,” Shi was quoted as saying.

Taiwanese military analyst Shen Ming-Shih however pointed out that the fact that China uses the Liaoning aircraft carrier as the flagship to command and the other active carrier Shandong is in port for maintenance, shows that “the PLA still has the problem of dual aircraft carrier maritime confrontation, and its navigation scope is also limited.”

“It can try bullying Taiwan, but in the face of the U.S. naval and air superiority, China still has great concerns,” he said.

Constellation Brands Announces Expiration of Tender Offers for Outstanding Series of Its 3.20% and 4.25% Senior Notes Due 2023 and Delivery of Notices of Redemption for Remaining 3.20% and 4.25% Senior Notes Due 2023

VICTOR, N.Y., May 09, 2022 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that the previously announced series of cash tender offers (the “Offers”) for any and all of its outstanding 3.20% Senior Notes due 2023 (the “3.20% notes”) and 4.25% Senior Notes due 2023 (the “4.25% notes” and, together with the 3.20% notes, the “2023 Notes”), expired on Friday, May 6, 2022 at 5:00 p.m., New York City time (the “Expiration Time”). The Offers were made on the terms and subject to the conditions set forth in the Offer to Purchase, dated May 2, 2022 (the “Offer to Purchase”) and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the “Notice of Guaranteed Delivery”). The Offer to Purchase and the Notice of Guaranteed Delivery are referred to together as the “Offer Documents.”

According to information provided by D.F. King & Co., Inc., the tender agent and information agent for the Offers, (i) $401,778,000, or 66.96%, of the $600,000,000 outstanding aggregate principal amount of the 3.20% notes and (ii) $680,128,000, or 64.77%, of the $1,050,000,000 outstanding aggregate principal amount of the 4.25% notes had been validly tendered and delivered (and not validly withdrawn) in the Offers at or prior to the Expiration Time. In addition, $35,000 aggregate principal amount of 3.20% notes and $252,000 aggregate principal amount of 4.25% notes remain subject to guaranteed delivery procedures. Payment for the 2023 Notes validly tendered pursuant to the Offers (and not validly withdrawn) prior to the Expiration Time and accepted for purchase is intended to be made on or around May 9, 2022 (the “Settlement Date”), and payment for the 2023 Notes validly tendered pursuant to a Notice of Guaranteed Delivery (and not validly withdrawn) prior to the Expiration Time and accepted for purchase is intended to be made on or around May 11, 2022 (the “Guaranteed Delivery Settlement Date”).

As previously announced, the applicable “Tender Offer Consideration” will be $1,008.81 for each $1,000 principal amount of 3.20% notes and $1,015.39 for each $1,000 principal amount of 4.25% notes, plus accrued and unpaid interest to, but not including, the Settlement Date, payable on the Settlement Date or the Guaranteed Delivery Settlement Date, as applicable.

The Offers were made solely pursuant to the Offer Documents and were not made to holders of 2023 Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky, or other laws of such jurisdiction.

BofA Securities acted as dealer manager for the Offers.

Redemption of Remaining 2023 Notes

Additionally, the company announced today that it has given notice for full redemption prior to maturity of all of its remaining outstanding 2023 Notes to be effected on June 8, 2022.

The redemption price for the 2023 Notes, payable in cash, will be calculated pursuant to the formula set forth in the supplemental indentures relating to the 2023 Notes, and will include an expected total make-whole premium of approximately $7 million (after giving effect to the transactions contemplated by the Offers).

The Offers and redemptions of the 2023 Notes will be funded from a portion of the net proceeds from the recently completed sale by the company on May 9, 2022 of its 3.60% Senior Notes due 2024, 4.35% Senior Notes due 2027, and 4.75% Senior Notes due 2032.

This press release is for informational purposes only and shall not constitute an offer to buy or a solicitation of an offer to sell any securities. If any holder is in any doubt as to the contents of this press release, or the Offers, or the action it should take, it is recommended to seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant, or other independent financial, tax, or legal adviser. Furthermore, this press release shall not constitute a notice of redemption of the 2023 Notes. Information concerning the terms and conditions of the redemption is described in the notices distributed to holders of the 2023 Notes by the trustee under the indenture and the applicable supplemental indentures governing the 2023 Notes.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements which are not historical facts and relate to future plans, events, or performance are forward-looking statements that are based upon management’s current expectations and are subject to risks and uncertainties. The forward-looking statements are based on management’s current expectations and should not be construed in any manner as a guarantee that such events or results will in fact occur. All forward-looking statements speak only as of the date of this press release and Constellation Brands undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Detailed information regarding risk factors with respect to the company are included in the company’s filings with the SEC.

ABOUT CONSTELLATION BRANDS
Constellation Brands is an international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Constellation’s brand portfolio includes Corona Extra, Modelo Especial, the Robert Mondavi Brand Family, Kim Crawford, Meiomi, The Prisoner Wine Company, and High West Whiskey.

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com
Amy Martin 585-678-7141 / amy.martin@cbrands.com
Patty Yahn-Urlaub 585-678-7483 / patty.yahn-urlaub@cbrands.com

A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/0ae559d1-e72c-4b41-8d39-09206f87b746

[INVNT GROUP] The Global BrandStory Project® Drives Web3 Innovation in World-First Collaboration with Lamborghini, Steve Aoki, Krista Kim, and RM Sotheby’s

The 1:1 NFT plus the last physical Aventador Coupé auction closed at $1.6MM – placing the purchase price in the top 10 brand new Lamborghinis ever sold at auction.

New York, NY, May 09, 2022 (GLOBE NEWSWIRE) — [INVNT GROUP] The Global BrandStory Project, in collaboration with Lamborghini, leading metaverse artist Krista Kim, 2x Grammy-nominated artist Steve Aoki, and the historied collector car auction house, RM Sotheby’s, sold the world’s first supercar 1:1 NFT connected to the last physical production supercar Lamborghini Aventador Ultimae Coupé ever produced. Leading brands and organizations into the future of Web3, [INVNT GROUP] curated the strategic partnership and developed, designed, and produced the ‘Lamborghini Ultimate’ campaign globally.

Achieving 562MM+ Global Media Reach Impressions and 4.65MM+ Social Media Impressions, the exposure resulted in a closing auction bid of $1.6MM – over 3x the standard suggested retail of a Lamborghini Aventador Coupé – making it one of the 10 most expensive brand new Lamborghini’s ever sold at auction.

To achieve these results, [INVNT GROUP], led by President and CEO Scott Cullather, leveraged the skills and services of its digital innovation division, INVNT.ATOM™, its digital content studio, HEVĒ™, and team members across four of its nine offices, around the globe.

Committed to brand storytelling and boundless innovation, driven by strategy, design, and technology, The GROUP recently announced its expanding global presence through the Web3-focused digital innovation division, INVNT.ATOM, which powered the ‘Lamborghini Ultimate’ project, including the NFT production. INVNT.ATOM helps brands and organizations navigate, activate, and create new storytelling opportunities at the digital frontier. The team, located in INVNT’s Singapore office, consists of strategists, creators, and community-builders specializing in digital-first campaigns, emergent technologies, and engaging brand experiences calibrated for the new era of Web3.

“This collaboration, sitting at the intersection of art, music, entertainment, design, and technology, was an epic project for our group. It represents every aspect of our ongoing commitment to helping brands and organizations tell stories that connect with their most important audiences in engaging and relevant ways. Leveraging Web3 technology in partnering with Lamborghini, Steve, Krista, and RM Sotheby’s, we brought communities from around the world together in unimaginable ways,” Scott Cullather President and CEO of [INVNT GROUP]

INVNT.ATOM together with HEVĒ, [INVNT GROUP]’s creative agency and production studio, led the creative, strategy, design, content, and marketing communications. Through public relations, and social and influencer partnerships, the campaign reached a global audience of over 500MM+. HEVĒ spearheaded the creative direction and production of the Behind the Drop video featuring exclusive interviews with Krista Kim, Steve Aoki, and Stephan Winkelmann, President and CEO of Automobili Lamborghini.

In the historic campaign, Automobili Lamborghini auctioned the last production Lamborghini Aventador LP 780-4 Ultimae Coupé with a 1:1 NFT. Lamborghini and [INVNT GROUP] united three forms of art: design, music, and cutting-edge technology, to create a never-before-seen collaboration that will go down as one of the most prolific 1:1 NFT drops of the year.

The Lamborghini Aventador LP 780-4 Ultimae Coupé exclusive one of one was brought to life in both the NFT and physical car by contemporary artist Krista Kim, who created the visual artwork and her signature gradients. The gradients also appear in the bespoke customization of the physical Lamborghini Aventador LP 780-4 Ultimae Coupé, and NFT visionary artist Steve Aoki who consulted on the design of the NFT, physical car and provided a custom-developed soundtrack.

“We had this approach of: “how do we bring upon the higher states of consciousness, and how does that translate and transmute the beauty of the power in the V12 engine of Lamborghini. As a luxury super sports car company, I think that this company is really pioneering web3,” said Krista Kim.

Steve Aoki continues, “I’m honored to be partnering with Lamborghini, Krista Kim, and [INVNT GROUP] on this historic project. It truly has its own story, & therefore I wanted my music track to reflect its soulful energy – the vibe, the spirit, and the power. The digital imprint of who we are has a serious meaning to our lives. As we step into web3, having identity through things like NFTs, like this car, are going to be more and more important to us.”

An exclusive preview of the NFT was hosted on BZAR Future of Community™, [INVNT GROUP]’s patent-pending, decentralized, content-led metaverse; established as a marketplace for physical and digital transactions, NFTs, entertainment, social, and gaming experiences.

The owner of the world’s first super sports car 1:1 NFT now holds in their possession the first-ever Lamborghini luxury super sports car for Web3; with capabilities via the exclusive GLB files, the winner can drive the one of a kind NFT in the Web3 platform of their choice pending platform mechanics.

Marking the end of an incredible era for Lamborghini; the brand is now looking to the future and electrifying its complete line-up by 2024. As Lamborghini charges into the digital era the lucky owner will be part of the brand’s legacy, owning the last naturally aspirated V12 Lamborghini Aventador LP 780-4 Ultimae Coupé, and the exclusively designed NFT – the first Lamborghini luxury super sports car for Web3.

“Partnering with [INVNT GROUP], Steve Aoki and Krista Kim on the design and production of this incredible moment in Lamborghini’s history – the very last Aventador LP 780-4 Ultimae Coupé ever produced was amazing. These creative minds coming together to design and produce, the 1:1 physical super sports car and NFT package with one of a kind utilities, has created something very special that can be shared for generations to come – making it part of Lamborghini’s iconic legacy,” Christian Mastro, Marketing Director, Automobili Lamborghini S.p.A.

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About [INVNT GROUP]

[INVNT GROUP] was established in 2020, as an evolution of the founding global live brand storytelling agency INVNT in 2008, with a vision to provide consistent, meaningful, well-articulated BrandStory across all platforms. With offices in New York, Sydney, London, Singapore, Dubai, San Francisco, Stockholm, Detroit, and Washington D.C.; headed by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT represents a growing portfolio of complementary disciplines designed to help forward-thinking organizations everywhere, impact the audiences that matter, anywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; and the original live brand storytelling agency, INVNT. For more information visit www.invntgroup.com

About Lamborghini

The name Lamborghini signifies not only the most coveted and exceptional cars, with technology and rarity, but true masterpieces that have made history. For more information visit www.lamborghini.com

About Krista Kim

Dubbed as a pioneer in bridging the gap between the real and virtual world. Krista creates immersive digital art through technology as an artistic medium to produce next-gen masterpieces for a new world. For more information visit www.kristakimstudio.com

About Steve Aoki

Hailed as NFT royalty in the crypto community and on the global stage, Steve Aoki is a 2x – Grammy-nominated music producer, artist, fashion designer, entrepreneur, Guinness World Record holder, NFT visionary, and one of the most successful cross-genre artists in the world, with a 77 million average monthly reach across all his platforms he is a leading creator that embodies innovation and exceptional masterpieces. For more information visit www.steveaoki.com

About RM Sotheby’s

RM Sotheby’s is the world’s leading collector car auction house. With over 40 years of proven results in the collector car industry, RM’s vertically integrated range of services, from auctions (live and online) and private sales to estate planning and financial services, coupled with an expert team of Car Specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for the most valuable motor car ever sold at auction. For more information visit https://rmsothebys.com/

Media Kit

  • “Lamborghini Ultimate” Campaign Photos and Videos. Access here.
  • Never before seen behind-the-scenes images & interview soundbites with Krista Kim, Steve Aoki, and Stephan Winkelmann (Chairman & CEO of Automobili Lamborghini) Access here.

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Jhonathan Mendez de Leon
 [INVNT GROUP]™
3478192089
jmendezdeleon@invnt.com