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YPO and RISE Announce Strategic Partnership to Support Corporate Innovation

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NEW YORK, Jan. 12, 2021 /PRNewswire-PRWeb/ — YPO, the global leadership community of more than 29,000 chief executives who combined lead businesses and organizations contribute USD9 trillion in annual revenue, and RISE, a leading corporate innovation powerhouse, today announced they are partnering to engage and combine their resources and networks to create positive impact, support corporations and startups, and elevate innovation in APAC and beyond.

Launched in 2016, RISE has quickly established itself as one of the largest corporate innovation startups in Southeast Asia. Working with corporates and governments across the region, the organization has helped accelerate innovation and drive outcomes for more than 400 companies and acted as a springboard for over 4,000 successful startups with the impact of over USD1.2 billion through its unique corporate accelerator, intrapreneur university, venture building services and experiential conference.

Xavier Mufraggi, CEO of YPO, says, “We're excited to partner with RISE, providing our members, who constantly strive to be better leaders and better people, access to the RISE network's outstanding insights, expertise and innovative ideas.”

RISE Co-founder and CEO Supachai Kid Parchariyanon says, “At RISE, we're on a mission to drive 1% GDP for Southeast Asia to help the region recover from the economic devastation experienced as a result of the pandemic. We're looking forward to uniting our efforts with YPO and its vast network of executive leaders to drive positive change through strategic innovation.”

As a result of this new partnership, RISE will offer YPO members customized corporate innovation workshops, virtual workshop collaboration opportunities, assessments for corporate innovation readiness and preferential access to the annual RISE Corporate Innovation Summit. YPO will facilitate introductions between YPO chapters and RISE's corporate networks to explore innovation collaboration opportunities and planning and execution of local events and programming for members.

About YPO:
YPO is the global leadership community of more than 29,000 chief executives in 142 countries who are connected by the shared belief that the world needs better leaders. Each of our members have achieved significant leadership success at a young age. Combined, they lead businesses and organizations contributing USD9 trillion in annual revenue. YPO members inspire and support each other through peer learning and exceptional experiences in an inclusive community of open sharing and trust. Visit ‪ypo.org for more.‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬

About RISE
RISE is a leading Corporate Innovation Powerhouse based out of Southeast Asia. With a mission to lift up 1% of GDP of this region, it works closely with Fortune 500, large family businesses, and government agencies across the region to help set up and scale innovation initiatives from outside and within the organization. RISE is known for its Global Accelerator Program, Intrapreneur University, Venture Building Services, and Corporate Innovation Summit – Asia's Largest Experiential Conference. RISE has been creating the global ecosystem for corporate innovation with a network of more than 400 corporations, 4,000 startups, and over 20,000 corporate innovators and partners in 40 countries around the world, contributing to a combined impact of over USD1.2 billion. For more, see https://www.riseaccel.com.

Media Contact

Amy Reid, YPO, +1 646 678 0575, [email protected]

Angela Mers, YPO, +1 415 298 8534, [email protected]

 

SOURCE YPO

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OneConnect Financial Technology and Singapore Exchange collaborate to address the region's ESG reporting needs

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  • MOU signifies milestone in the development of ESG platform to support SGX-listed companies in their reporting needs
  • Collaboration sets OneConnect in pole position in APAC for using technologies in enhancing reporting and applying ESG information

SINGAPORE, Feb. 24, 2021 /PRNewswire/ — OneConnect Financial Technology Co., Ltd. (OneConnect) the leading technology-as-a-service platform provider and an associate of Ping An Insurance (Group) Company of China, Ltd. (“Ping An“), today said it had entered a Memorandum of Understanding (MOU) with Singapore Exchange (SGX) to collaborate and build an environmental, social and governance (ESG) platform to facilitate and simplify the ESG disclosure processes of companies listed on SGX.

This collaboration is part of efforts to develop and promote a sustainable ecosystem by raising the quality of ESG disclosures and promoting the application and integration of ESG factors across capital market stakeholders in the long term. The collaboration places OneConnect as the ESG trailblazer of the Asia Pacific region, deploying a suite of tech solutions that establishes a framework and streamlines ESG reporting through specified standard indicators and templates.

The platform will help companies listed on SGX to efficiently manage and make their sustainability disclosures for possible benchmarking more transparent. This may help to improve the standard of overall ESG performance in the long run. The platform will also help overcome common challenges faced by companies and investors when dealing with ESG information. These challenges include lack of comparability, changing investors' demand, as well as the evolving business landscape and regulations.

Features of the platform will include workflow management systems, report and visualisation modules and an ESG disclosure framework mapping to meet listed companies' ESG reporting and data processing needs. The partnership will bring together relevant resources such as ESG datasets and domain expertise while adding new functionalities progressively to better serve companies, investors, research analysts and relevant stakeholders.

As an associate and the preferred tech partner of Ping An, OneConnect has teamed up with Ping An to deliver ESG solutions for companies outside of China. Ping An itself is the first company in China to participate in the United Nation's Principles for Sustainable Insurance framework, and the first insurer in China to be included in the Dow Jones Sustainability Indexes. Ping An has leveraged its “finance + technology” expertise to develop the Ping An AI-ESG Platform to track, measure and monitor its internal ESG performance. Using artificial intelligence, natural language processing technologies and other ESG tools including greenwashing detection and climate value-at-risk asset-repricing models, the Ping An AI-ESG Platform captures and computes the five-year ESG scores of all Chinese A-share companies for its benchmarking and investment-decision making.  

Ms Jessica Tan, Co-CEO of Ping An Group, said, “As a champion of ESG, Ping An believes in 'tech for social good' where technologies can aptly enable every company to become a responsible corporate citizen. With the development of Ping An's own artificial intelligence-driven ESG framework in China – we see the synergy in sharing and integrating our expertise in ESG into a platform that can be adopted by other companies, thereby bolstering the ESG culture across Asia Pacific.”

Ms Tan Bin Ru, CEO (SEA), OneConnect Financial Technology, shared, “With ESG taking centre-stage in the global scene, companies are increasingly subject to a set of non-financial reporting of ESG factors to meet investors' demands and regulatory requirements. This is an opportune time and an esteemed privilege for OneConnect to join hands to develop the ESG platform with SGX. This is a remarkable moment for us to be able to tap on our expertise and work alongside SGX in creating and implementing a robust platform for SGX-listed companies to better their journey on ESG reporting and strengthen their sustainability risk management.”

Mr Michael Syn, Senior Managing Director and Head of Equities, SGX, said, “Investors globally are placing increasing importance on sustainability considerations, leading to significant growth in capital allocated to ESG strategies. As a result, both investors and issuers desire ESG data to be more transparent, standardised and accessible. The data and workflow platform will help SGX-listed companies report with more effective alignment to major disclosure standards. The focus is on a core set of indicators that are quantitative in nature and normalised for comparability. This complements issuers' materiality-based reporting that are highly specific to each listed company's business context. For investors, the benefit is more seamless integration of this core set of indicators into their investment strategies and capital allocation across portfolios, lowering the information friction they currently face.”

SGX, as a front-line market regulator, has played an integral part in driving disclosures through rulemaking and capacity building. Mandatory sustainability reporting was implemented in Singapore since 2016. This has been an area of constant progress as international standards continue to be refined. SGX has also been making a bigger push in sustainability with a S$20-million multi-pronged plan to expand its ESG-focused products, services and platforms, as well as to build capacity for the financial ecosystem, strengthen internal capabilities and increase CSR commitments.

About OneConnect Financial Technology

OneConnect (NYSE: OCFT) is a leading technology-as-a-service platform for financial institutions. The Company's platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology. The Company's solutions provide technology applications and technology-enabled business services to financial institutions. Together they enable the Company's customers' digital transformations, which help them increase revenue, manage risks, improve efficiency, enhance service quality and reduce costs.

Our technology-as-a-service platform strategically covers multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses – from sales and marketing and risk management to customer services, as well as technology infrastructure such as data management, program development, and cloud services.

About Ping An Group

Ping An Insurance (Group) Company of China, Ltd. (“Ping An“) is a world-leading technology-powered retail financial services group. With over 218 million retail customers and 598 million Internet users, Ping An is one of the largest financial services companies in the world. Ping An focuses on two over-arching domains of activity, “pan financial assets” and “pan health care”, covering the provision of financial and health care services through our integrated financial services platform and our ecosystems; in financial services, health care, auto services and smart city services. Our “finance + technology” and “finance + ecosystem” transformation strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China's first joint stock insurance company, Ping An is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai. In 2020, Ping An ranked 7th in the Forbes Global 2000 list and ranked 21st in the Fortune Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZTM Top 100 Most Valuable Global Brands list.

For more information, please visit www.group.pingan.com, and follow us on LinkedIn – PING AN

About Singapore Exchange

Singapore Exchange is Asia's leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. It also operates Asia's only multi-partner, multi-asset exchange-led sustainability platform (sgx.com/first).  

As Asia's most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore. SGX is the world's most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.

Cision View original content:http://www.prnewswire.com/news-releases/oneconnect-financial-technology-and-singapore-exchange-collaborate-to-address-the-regions-esg-reporting-needs-301235147.html

SOURCE OneConnect

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Isleworth Healthcare Acquisition Corp. Announces Pricing of Upsized $180,000,000 Initial Public Offering

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ST. PETERSBURG, Fla., Feb. 24, 2021 /PRNewswire/ — Isleworth Healthcare Acquisition Corp. (NASDAQ: ISLEU) (the “Company”) announced today that it priced its initial public offering of 18,000,000 units at a price to the public of $10.00 per unit. The units are expected to commence trading on February 25, 2021 on the Nasdaq Capital Market under the symbol “ISLEU.”

Each unit consists of one share of common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be traded on the Nasdaq Capital Market under the symbols “ISLE” and “ISLEW,” respectively.

I-Bankers Securities, Inc. is acting as the sole book-running manager of the offering and Dawson James Securities, Inc. and Northland Capital Markets are acting as co-managers of the offering. The underwriters have been granted a 30-day option to purchase up to an additional 2,700,000 units offered by the Company to cover over-allotments, if any. The offering is expected to close on or about March 1, 2021, subject to customary closing conditions.

The offering is being made only by means of a prospectus. When available, copies of the prospectus related to this offering may be obtained from I-Bankers Securities, Inc. at 535 5th Ave., 4th Floor, New York, NY 10017.

A registration statement relating to the securities was declared effective by the Securities and Exchange Commission (“SEC”) on February 24, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Isleworth Healthcare Acquisition Corp.

Isleworth Healthcare Acquisition Corp. is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.  It intends to focus on a business combination with a company in the healthcare industry.  We anticipate targeting companies domiciled in North America and Europe that are developing assets in the biopharmaceutical and medical technology/medical device space which aligns with our management team's experience in operating healthcare companies and in drug and device/technology development. Al Weiss (Chairman), former President, Worldwide Operations Walt Disney Parks and Resorts, and Bob Whitehead (CEO), a long-standing pharmaceutical executive, will lead the officers and directors team.

Forward-Looking Statements 

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including with respect to the closing of the initial public offering and the anticipated use of the proceeds thereof, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements, including those set forth in the risk factors section of the prospectus used in connection with the Company's initial public offering. No assurance can be given the offering discussed above will be completed on the terms described, or at all, or the net proceeds of the offering will be used as indicated. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.

Cision View original content:http://www.prnewswire.com/news-releases/isleworth-healthcare-acquisition-corp-announces-pricing-of-upsized-180-000-000-initial-public-offering-301235144.html

SOURCE Isleworth Healthcare

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VIKING ENERGY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of Viking Energy Group, Inc. – VKIND

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NEW ORLEANS, Feb. 24, 2021 /PRNewswire/ — Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Viking Energy Group, Inc. (OTCQB: VKIND) (“the Company”) with Camber Energy, Inc. (NYSE: CEI) pursuant to which shareholders of Viking are expected to receive a 1:1 ratio of newly issued Camber common stock for each share of Viking that they own.  KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit  https://www.ksfcounsel.com/cases/otc-vkind/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163

 

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SOURCE Kahn Swick & Foti, LLC

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