KUALA LUMPUR, May 6 (Bernama) -- INVNT GROUP and Media & Sport Management (MSM) enhanced service offerings and commercial solutions tailored for talent and brands within the booming motorsports industry with strategic leadership appointment.
The partnership brings the appointment of Roc Nation music and entertainment veteran, Luca Zanello, as INVNT GROUP Senior Vice President of Content Strategy, fortifying the global suite of award-winning capabilities and integrated services within the motorsports. According to a statement, Zanello is reporting to INVNT GROUP President and Chief Executive Officer (CEO) and INVNT.ATOM CEO, Scott Cullather. “Our evolving collaboration with MSM, and appointment of Luca, places us at the forefront, allowing us to deliver pioneering, bespoke solutions to the motorsports industry,” said Cullather. Meanwhile, MSM Founder and CEO, Enrico Zanarini said: “With MSM’s deep history in the motorsports industry, and INVNT GROUP's storytelling expertise, we are poised to deliver exciting and unexpected engagement programmes that resonate deeply with fans and stakeholders alike.” The partnership aims to deliver strategies within the motorsport domain, leveraging both INVNT GROUP and MSM’s deep rooted motorsports network and industry expertise. This strategic allegiance is a significant milestone in the evolution of motorsport marketing and the overall industry, promising next-generation strategies and enhanced engagement for clients, brands, partners, and audiences globally. Over four decades, MSM has built standout relationships between brands, drivers, teams, and championships at the pinnacle of motorsport, including sponsorships, hospitality, and events. INVNT GROUP, the global brand storytelling agency portfolio, was named Best Global Media Agency at the 2023 Automotive Marcomm Awards by Autocar, for groundbreaking campaigns with Lamborghini, Formula E, General Motors, Lotus and Rolls Royce, among others. -- BERNAMA
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KUALA LUMPUR, May 7 (Bernama) -- The Guangzhou Opera House has welcomed nearly 200 international guests for the revival of the opera “Marco Polo” on May 3 and 4. According to a statement, this three-act opera in Chinese melds a rich historical narrative with the enduring friendship between China and Italy, providing a unique cultural experience for both Chinese and international audiences. “The extensive histories and cultural heritages of China and Italy enrich our cooperation, strengthening the bonds between our peoples,” said Italian Consul General in Guangzhou, Valerio De Parolis. Marco Polo, the renowned 13th-century Italian explorer, chronicled his travels in China in the book "The Travels of Marco Polo", igniting the first "China fever" in the West, in which this opera exemplifies East-West collaboration, integrating Chinese and Western cultural elements seamlessly. Premiered in 2018 at the same venue, the production featured a globally diverse team, with Chinese poet Wei Jin as scriptwriter and President of the German Composers Association DKV, Enjott Schneider as composer. Directed by former Director of Opera at the London Royal Opera House, Kasper Holten, the opera has toured from Quanzhou to Italy, earning international praise. This revival marks the 20th anniversary of the China-Italy Comprehensive Strategic Partnership and the 700th death anniversary of Marco Polo. The prelude event, titled “Sharing Salon to An Encounter with Marco Polo”, held on May 4 drew nearly 200 delegates from 29 countries, including representatives from consulates and chambers of commerce, to engage in discussions on Sino-foreign cultural exchanges. The salon featured “Marco Polo's Reverie” by Italian painter Sandro Trotti and works by Guangdong artist Wang Shaoqiang, who is participating in La Biennale di Venezia, with discussions highlighted Marco Polo's impact and the broader scope of China-Italy cooperation. -- BERNAMA AsiaNet 0200130 TOKYO, May 2, 2024 /Kyodo JBN/ -- - Supporting Establishment of Resilient Global Supply Chains in Response to Geopolitical Risks - Yamato Holdings Co., Ltd., headquartered in Tokyo, launched an international multimodal transport service by truck and rail connecting Southeast Asia and Europe on May 1, 2024. Logo: https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202404249931/_prw_PI1fl_17kUqzDz.jpg 1. Background and Purpose The Southeast Asian region is a hub for production facilities of electronics-related products and automotive components from various countries worldwide. Finished goods are shipped from the region to markets across the globe. Historically, the shortest maritime route -- the Suez Canal route -- has been predominantly used for transporting goods from Southeast Asia to the European market. However, since late 2023, armed attacks on vessels by militant groups in the Red Sea and its adjacent waters have continued. As a result, many ships have been forced to take a longer route around the Cape of Good Hope in South Africa, significantly impacting global logistics and economies. The transit time to the destination has been extended by up to 20 days compared to the Suez Canal route, leading to substantial increases in maritime freight rates and insurance costs due to the detour. Additionally, geopolitical risks have become more pronounced, emphasizing the critical need for establishing a robust global supply chain that can swiftly adapt. Yamato Holdings has helped customers build their global supply chains across 24 countries and regions. Furthermore, its group company, Overland Total Logistic Services (M) Sdn. Bhd. in Malaysia has been providing cross-border truck transport services utilizing container trailers between Southeast Asian countries (*) and China since 2001. To build a resilient global supply chain between Southeast Asia and Europe, Yamato Holdings introduced an international multimodal transport service by truck and rail on May 1, 2024. The new transportation option offers seamless connectivity for the customers. Moving forward, the company will continue to propose solutions that optimize the customers' entire global supply chains, aiming for total logistics cost reduction, production efficiency improvement, and environmental impact reduction. (*) Singapore, Malaysia, Thailand, Laos, Vietnam and Cambodia 2. Service Overview By utilizing Overland Total Logistic Services' truck transport network for the Southeast Asia-China segment and partnering with rail service providers for the China-Europe segment, Yamato Holdings will provide seamless transportation through the delivery destinations. This solution has shorter transit times than maritime transport via the Cape of Good Hope, and lower cost and less greenhouse gas emissions than air transport. Service Flow Example: International Multimodal Transport from Thailand to Germany Image: https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202404249931/_prw_PI2fl_pCOk6x48.jpg - Service Commencement Date: May 1, 2024 - Service Coverage Areas: Southeast Asia (Singapore, Malaysia, Thailand, Laos, Vietnam and Cambodia) to Europe (excluding Ukraine and Belarus) up to the specified delivery destinations. - Transportation Methods: Container leasing or consolidated shipments based on cargo volume. Reference: Southeast Asia to Europe Transport Routes https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202404249931/_prw_PI3fl_P4nIbG34.jpg Source: Yamato Holdings Co., Ltd. SENTORIA SECURES HUGE SHAREHOLDERS' CONFIDENCE - REDEEMABLE CONVERTIBLE BONDS (RCB) APPROVED IN EGM30/4/2024 Datuk Dr. Ras Adiba binti Mohd Radzi Chairman, Sentoria Group Berhad and Dato' Loh Yuen Tuck, CEO of the Group after Sentoria's extraordinary general meeting which gave solid support to RCB's proposal. KUALA LUMPUR, April 30 (Bernama) -- Sentoria Group Berhad ("Sentoria") achieved a significant milestone last Thursday with the successful convening of its Extraordinary General Meeting (EGM), a crucial step forward in the company’s pursuit of financial revitalisation. The virtual EGM gathering witnessed strong participation from Sentoria's esteemed shareholders including the State Investment Agencies of Pahang, demonstrating their steadfast commitment to the company's future strategic direction. Led by Sentoria’s Chairman, Datuk Ras Adiba Radzi, and attended by all board members, the EGM focused on securing shareholders’ mandate for Sentoria’s Redeemable Convertible Bond (RCB) issuance to be undertaken together with a Shares Consolidation exercise. The overwhelming support received almost 99.9% support of eligible registered shareholders, including full backing from the Pahang State Investment arm, who is the second largest shareholder, represented a resounding vote of confidence in Sentoria's rejuvenation efforts. Following Bursa Malaysia's conditional approval last month, contingent on shareholders’ endorsement, today’s successful resolution propels Sentoria forward to initiate its first issuance of the three-tranche structured RCB, in compliance with regulatory standards. Dato’ Loh Yuen Tuck, the Group’s CEO, expressed his heartfelt gratitude for the muchawaited approval of the RCB proposal. “We are amidst a massive and significant corporate turnaround. The RCB plays a critical role in reviving SGB cash-flows, honour its commitment to banks, expedite the completion of housing projects in Morib Bay, Selangor and rejuvenation of its theme parks through strategic partnerships. The RCB approval enables Sentoria to honour its commitment to buyers of Sentoria homes, deal with legacy issues arising from outstanding loans from banks, finance new projects in Morib, revive its theme-park operations in Gambang Pahang and Samariang Sarawak, thus enhancing property values, delivering sustainable returns to shareholders and fair return to banks supporting SGB,” remarked Dato’ Loh. The RCB issuance, complemented by a share consolidation exercise of four to one, underscores Sentoria’s commitment to financial flexibility and disciplined management. The RCB is a convertible bond issued by Sentoria to raise funds from the (capital) market which has already been fully subscribed. Upon this share consolidation exercise, the RCB is issued to an identified Subscriber of RCB, namely Triton Capital VCC Singapore, which the principal advisers have structured that the RCB is convertible to a maximum new ordinary share of 306, 690, 544. These new converted SGB shares are in addition to the Sentoria’s consolidated shares of 155, 744, 497 (including treasury shares). The infusion of RM 150 million funds will support development initiatives, improve cash flows, reduce bank borrowings and bolster working capital, all vital components of Sentoria's strategic turnaround. Datuk Ras Adiba Radzi, Chairman of Sentoria's Board of Directors, reaffirmed the new Management Team's commitment to integrity and transparency in utilising RCB funds, underscoring Sentoria's dedication to realising its full potential and creating value for stakeholders. “Sentoria remains steadfast in honouring the trust placed in us by our esteemed shareholders and bankers. Our new leadership and team are fully dedicated to implementing RCB to the best of our ability as we endeavour to build a better tomorrow,” affirmed Datuk Ras Adiba. The new team extends their gratitude for the continued support from shareholders, partners, suppliers, bankers, and stakeholders, emphasising the pivotal role of ongoing collaboration in achieving Sentoria's turnaround goals. About Sentoria Group Berhad Sentoria Group Berhad is a leading property development and investment company based in Malaysia, dedicated to delivering affordable, innovative and sustainable solutions. The company’s journey began in 2000, where they transformed from a contractor into a pioneer in providing quality, affordable housing solutions. With a focus on creating vibrant communities and enriching lives, Sentoria remains committed to driving long-term value for all stakeholders. Visit www.sentoria.com.my for more information. Build a Better Tomorrow SOURCE : Sentoria Group Berhad · Over 10,000 Attendees Set to Witness Driverless Cars Race the Yas Marina Circuit
· 4 Autonomous Cars Set to Race Simultaneously in World First Attempt · Coders are the Racers: 8 International Teams Compete for US$2.25 Mn Prize Pool · ADNOC takes A2RL Title Sponsorship in support of Mobility Tech Advancement ABU DHABI, United Arab Emirates, April 24 (Bernama-BUSINESS WIRE) -- On Saturday, April 27th, Abu Dhabi will host a groundbreaking event, welcoming 10,000 spectators to witness the inaugural ASPIRE Abu Dhabi Autonomous Racing League (A2RL) at the iconic Yas Marina Circuit. This brand-new autonomous racing competition marks a significant milestone in motorsport history, billed as the largest league of its kind globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423980323/en/ Eight teams will compete: Code19 Racing (one of the first independent autonomous racing entity from the USA), Constructor University (based in Germany and Switzerland), Fly Eagle (representing Beijing Institute of Technology from China and Khalifa University from the UAE), HUMDA Lab (a member of the Széchenyi István University Group from Hungary), KINETIZ (a collaboration between Singapore Nanyang Technological University and Kintsugi based in the UAE), PoliMOVE (representing Politecnico di Milano from Italy), UNIMORE (also from Italy - University of Modena and Reggio Emilia), and Technical University of Munich - TUM (from Germany), vying for a substantial prize purse of US$ 2.25 million. The participating teams of coders and engineers will each have exclusive access to identical Dallara Super Formula SF23 cars, made possible through a partnership with Japan Race Promotions. These cars will be autonomized with autonomous racing stacks developed and integrated by the Technology Innovation Institute (TII). The sole variable lies in how each team utilizes their coding skills, AI algorithms, and machine learning software development expertise to teach their cars how to drive. Currently recognized as the fastest open-wheel race car in the world after Formula One, these cars can reach speeds of up to 300 km/h. For the first time, the race format is poised to feature four autonomous cars driving on the racetrack simultaneously – a feat never before attempted. In a series of pre-qualifying races, the finale will showcase the top performers from the Lap Test and Speed Test, advancing to a final Overtaking Challenge to determine the ultimate winner. Additionally, an AI vs Human car race will unfold, with the Technology Innovation Institute (TII) embracing the electrifying challenge of pitting their autonomous car against former F1 driver – Daniil Kvyat. TII will aim to get as close as possible to the human lap time and will also demonstrate the autonomous car’s ability to drive without GPS assistance. H.E. Faisal Al Bannai, Secretary General of the Advanced Technology Research Council - ASPIRE’s parent entity, and Advisor to the UAE President on Strategic Research and Advanced Technology Affairs, said: "In pushing the boundaries of technology under extreme conditions, we uncover new frontiers in science. This reimagined racing paradigm harnesses the pinnacle of coding skills, AI algorithms, and software development prowess — the very skill sets of the future. By leveraging these capabilities, we pave a path at the forefront of research and development, propelling Abu Dhabi to become a pivotal global hub for innovation." ADNOC has come on board as title sponsor, providing crucial support, underscoring the widespread enthusiasm for advancing autonomous racing technology. H.E. Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, and Group MD & CEO of ADNOC, added: "As we navigate the path to UAE's industrial future, our commitment to in-country value and technological advancement stands unwavering. A2RL epitomizes our dedication to integrating cutting-edge technology including AI, driving competitiveness and economic growth across sectors. For decades, ADNOC has invested in the latest technology and innovation – from the control room, to the board room - to deliver the modern energy that powers our lives." Organizer of A2RL, ASPIRE CEO Stephane Timpano said: "A2RL is more than just a race — it's a platform for testing and optimizing autonomous vehicle technologies, enhancing safety and reliability on public roads. With the support of local and international partners, we're bringing the mobility future - closer." The inaugural race has attracted a diverse array of sponsors, each contributing their expertise and resources to ensure the success of the development of the cutting-edge autonomized cars. Leading partners, such as Du, DMT, AWS, and Mubadala, have played pivotal roles in shaping the event’s trajectory, with media partners such Motorsports, Inc. Arabia, FastCompany Middle East, and What’s On, amplifying A2RL’s visibility. Technical partners, including Dallara, Danisi Engineering, Meccanica 42, Kistler, Seyond, Eventagrate, Live in Five, Focal Point VR and Vislink, have lent their specialized knowledge to elevate the event's innovation and performance standards. An exclusive Fan Zone promises an elevated experience for families, motorsport fans, and tech enthusiasts alike. With tailored activities, guests can immerse themselves in cutting-edge tech and gaming, including a captivating VR zone and the AI museum – Raceum. From 16:00 (GST) on April 27, young students from the A2RL STEM Competition will showcase their coding skills on 1:8 scale autonomous racing cars, with 18 schools competing to add excitement. The night concludes at 23:00 (GST), with activities including a podium ceremony for the winners, fireworks, a drone show, and an after-show concert with DJ Andre Soueid. For those unable to attend in person, the excitement of Race Day will be accessible through various live streaming channels, including A2RL’s official YouTube and Twitch channels, motorsport.tv and the A2RL app. Interested parties are invited to visit the A2RL website and monitor social media channels for updates regarding the program schedule and details on viewing the race in their respective regions. The inaugural A2RL event is part of Abu Dhabi Mobility Week, running from April 24 to May 1. Source: AETOSWire View source version on businesswire.com: https://www.businesswire.com/news/home/20240423980323/en/ Contact Jennifer Dewan, Senior Director of Communications [email protected] Source : Abu Dhabi Autonomous Racing League (A2RL) --BERNAMA |
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