Police have made seven arrests over a serious assault in Pukekohe at the end of 2024.
Investigators have executed a number of search warrants this week, and there are further arrests expected.
Detective Senior Sergeant Rob Hunkin says on 18 December 2024, Police were initially called to a disorder at a petrol station on Edinburgh Street.
“We know up to 10 people from one gang arrived at the petrol station forecourt at around 10am,” he says.
“This group has attacked another man, who is a member of a rival gang, and then set on his partner.
“This was a cowardly attack that occurred in broad daylight in the middle of a petrol station forecourt.”
As a result of enquiries, seven arrests have been made this week.
Detective Senior Sergeant Hunkin says those arrested are five men, one woman and one young person.
Those arrested face assaults with intent to injure charges and have appeared in the Pukekohe District Court.
“Police have recovered firearms and drugs in the course of executing our search warrants, and our enquiries are continuing to locate those offenders who are outstanding,” Detective Senior Sergeant Hunkin says.
Police are aware there were witnesses to the incident.
Detective Senior Sergeant Hunkin says: “We are asking people who videoed the offending or who witnessed it to contact Police.
“Any information will assist in progressing our investigation further to locate those we have not yet located.
“Police remain determined in this investigation, and we expect to continue carrying out further search warrants.”
If you have information, update Police online now or call 105 using the reference number 241219/9338.
Information can also be provided anonymously via Crime Stoppers on 0800 555 111.
Police have made three further arrests in the investigation into a protest at the Te Atatū Community Centre.
It follows four arrests on Wednesday into complaints made with Police after the 15 February event.
The three men have been charged and bailed to appear in the Waitākere District Court on 18 March.
Those charged are:
-A 44-year-old man charged with injures with intent -A 55-year-old man charged with assault under the Crimes Act -A 47-year-old man charged with two counts of assault under the Crimes Act, and one count of assault under the Summary Offences Act
Police are limited in further comment given matters are before the Court.
A man has been remanded in custody following an incident in Shannon on Wednesday morning that involved a crashed car, a fleeing driver, and two stolen Holdens.
Just after 5am on 12 February, Horowhenua Police responded to reports of a crash in Shannon, involving a truck and a stolen Holden.
While conducting patrols for the Holden’s driver, who had fled the scene, another stolen Holden was seen on Stafford Street and refused to stop for Police.
The second Holden was pursued a short distance before the driver fled on foot along Roach Avenue and through several properties, to an address on Stout Street. During this, the driver allegedly discarded a firearm on the street, which was later found by a member of the public.
At Stout Street, the driver entered a sleepout, at which point the Armed Offenders Squad was deployed. Police on scene negotiated with the man, who eventually came out of the sleepout and was arrested without incident around 7:30am.
A 35-year-old man appeared in the Levin District Court on Thursday 13 March, charged with:
Unlawful taking of a motor vehicle x2
Failing to stop for Police
Driving in a dangerous manner
Driving while disqualified
Unlawfully in a building x2
Unlawful possession of a firearm
Unlawful possession of ammunition
Possession of methamphetamine
Possession of methamphetamine utensils
Assault on a person in a family relationship
He has been remanded in custody, to reappear on 7 May.
A firearms license holder is facing prosecution in a case where it is alleged he failed to register his firearms because he believed the law would change in future.
A 44 year-old Auckland man has been summonsed to appear at Waitakere District Court next month on charges under section 53A of the Arms Act that he intentionally failed to provide information for the Firearms Registry.
Detective Inspector Albie Alexander says Police seized 12 firearms from the man’s property earlier this week.
“Five were listed in the Firearms Registry and seven were unregistered. The unregistered items were all standard shotguns and rifles, the so-called A-category firearms,” said Detective Inspector Alexander.
“Failure to register firearms has consequences. In this case, the man initially told Police he assumed the law was going to change in future and when questioned further claimed he forgot to register them. He had previously registered five firearms in November 2023.
“The Registry is a vital part of the firearms safety system that ensures frontline Police have real-time information so they can make risk assessments when they respond to critical incidents,” said Detective Inspector Alexander.
The Firearms Safety Authority-Te Tari Pūreke says the prosecution is a noteworthy example of the law around the Registry being enforced when required.
“It is an offence punishable by up to two years jail or a fine of $20,000 for intentionally failing to register a firearm,” said Authority Operations Director Superintendent Richard Wilson.
“We will take action against those who have disregard for the Registry and the law. People who choose to not comply are not fit and proper licence holders. They run the risk of not only losing their licence but also being criminally charged.
“The message is simple – don’t risk losing your licence and having a date in court. The Firearms Safety Authority is here to support licence holders to comply with law. If you need help with the Registry please contact us on 0800 844 431 and we can help over the phone.
“We know from daily engagement with licence holders that the majority are law abiding people who meet the test of being fit and proper to use a firearm, who understand their obligations and have no trouble meeting them. There are strong levels of compliance with the Registry. More than one-third of licence holders are now registered, accounting for more than 370,000 firearms,” said Superintendent Wilson.
The man’s firearms licence has now been suspended while licence revocation is considered.
ENDS
Note to Editors:
The Firearms Registry closed a gap in the Arms Act identified by the Thorp Report in 1997. It was introduced in June 2023 following the Christchurch terror attack in 2019.
The Registry is part of a bigger system to deal with firearms harm in our communities. It is designed to mitigate the risk of firearms falling into the wrong hands through greater transparency and accountability when firearms are bought and sold, imported, and manufactured.
It also helps licence holders have more confidence when buying or selling firearms. They can check firearms have not been stolen.
Over time the Registry will increasingly make it more difficult for firearms to move from lawful hands into the black market of unlicensed people, including gangs, extremists, or criminals.
MACAO SAR – Media OutReach Newswire – 13 March 2025 – Melco Resorts & Entertainment continues to lead in Macau in the newly published MICHELIN Guide Hong Kong & Macau 2025, being granted eight MICHELIN Stars across five restaurants located in City of Dreams, Studio City and Altira Macau. This year’s result sees Jade Dragon, City of Dreams’ Cantonese fine dining restaurant, maintain its superior Three MICHELIN Star status for the seventh consecutive year, while Alain Ducasse at Morpheus is honored with Two MICHELIN Stars for the seventh consecutive year. Furthermore, Melco’s signature Cantonese restaurants Pearl Dragon at Studio City and Ying at Altira Macau, and Japanese restaurant Sushi Kinetsu at City of Dreams each garner One MICHELIN Star.
Melco continues to lead with the city’s top number of Stars granted by MICHELIN Guide Hong Kong & Macau 2025
Mr. Lawrence Ho, Chairman & CEO of Melco, said, “It is a privilege to receive this distinction from MICHELIN Guide Hong Kong & Macau, considered by many as the global hallmark of fine dining and quality cuisine. As we strive to continually push the boundaries of luxury hospitality and entertainment by delivering our guests innovative and unforgettable experiences, we remain committed to enhancing Macau’s reputation as a UNESCO-designated Creative City of Gastronomy through exceptional culinary offerings. We extend our gratitude to our Culinary and Food & Beverage teams for their unwavering commitment to excellence and congratulate them on this remarkable achievement. We will go on enriching our offerings and attractions as we invite guests from around the globe to enjoy the finest experiences Macau has to offer.”
At the MICHELIN Guide Ceremony which took place today in Macau, Melco properties’ restaurants received the following honors:
Jade Dragon – 3 MICHELIN Stars Three MICHELIN-Starred Chinese restaurant Jade Dragon showcases exquisite culinary masterpieces created with the freshest seasonal ingredients and delectable delicacies. With spectacular designer décor and superlative personalized service, Jade Dragon sets the benchmark for fine dining in Macau. Recent honors and awards include: · MICHELIN Guide Hong Kong & Macau Three Stars (2019-2025) · Black Pearl Restaurant Guide Three Diamonds (2020-2025) · Forbes Travel Guide Five-Star rating (2014-2025) · Trip.com Gourmet’s Diamond award (2024), Black Diamond award (2021-2023) and only Three-Star restaurant in Macau (2020) · La Liste’s Top 1,000 World’s Best Restaurants (2025) · Travel + Leisure Southeast Asia’s Macau Tastemakers List (2024) · Three Stars in Golden Phoenix Tree China Restaurant Guide (2024) · TARGET ELITE SELECT Awards’ Cantonese Restaurant of the Year (2024) · South China Morning Post’s 100 Top Tables (2014-2025) · Harper’s BAZAAR HK’s BAZAAR Taste Elite Macao (2025) · Tatler Asia’s Tatler Best 100 Restaurants (2024) · Tatler Dining Guide’s Top 20 Macau Restaurants List (2024) · Wine Spectator’s Best of Award of Excellence (2014-2024)
Alain Ducasse at Morpheus – 2 MICHELIN Stars Awarded Two MICHELIN Stars, Alain Ducasse at Morpheus redefines French gastronomy with a contemporary vision and sentimental approach to cooking. The restaurant located at City of Dreams sources produce from the best regions which is harvested at its optimal time, highlighting a deep appreciation for nature and an intimate understanding of the seasons. Sourcing from small-scale farms and line-caught fish, the restaurant ensures unparalleled quality and a distinctive tasting experience. Recent honors and awards include: · MICHELIN Guide Hong Kong & Macau Two Stars (2019-2025) · Black Pearl Restaurant Guide One Diamond (2024-2025) · Forbes Travel Guide Five-Star rating (2020-2025) · Trip.com Gourmet’s Diamond award (2022-2024), Platinum award (2021) and One Star recognition (2020) · La Liste’s Top 1,000 World’s Best Restaurants (2025) · Travel + Leisure Southeast Asia’s Macau Tastemakers List (2024) · TARGET ELITE SELECT Awards’ French Restaurant of the Year (2024) · South China Morning Post’s 100 Top Tables recognition (2020-2025) · Tatler Dining Guide’s Top 20 Macau Restaurants award (2024) · Wine Spectator’s Best of Award of Excellence (2019-2024)
Pearl Dragon – 1 MICHELIN Star Studio City’s MICHELIN-Starred Cantonese restaurant Pearl Dragon offers a refined taste of China complemented by sophisticated décor. Dedicated to perfection, Pearl Dragon offers a menu showcasing refined provincial Chinese flavors, innovative culinary creations and the finest delicacies. Recent honors and awards include: · MICHELIN Guide Hong Kong & Macau One Star (2017-2025) · Forbes Travel Guide Five-Star rating (2019-2025) · Trip.com Gourmet’s Platinum award (2021-2024) · La Liste’s Top 1,000 World’s Best Restaurants (2025) · South China Morning Post’s 100 Top Tables (2017-2025) · Tatler Dining Guide’s Top 20 Macau Restaurants List (2024) · Wine Spectator’s Best of Award of Excellence (2016-2024) · Haute Grandeur Global Restaurant Awards’ Best Chinese Cuisine in Asia – Excellence Award (2022)
Ying – 1 MICHELIN Star Awarded the coveted MICHELIN Star, Ying is Altira Macau’s signature restaurant specializing in fine Cantonese cuisine as well as local delicacies created by an exceptionally talented culinary team. Ying is recognized as an outstanding establishment that offers guests a truly exceptional level of luxury and service. Recent honors and awards include: · MICHELIN Guide Hong Kong & Macau One Star (2017-2025) · Forbes Travel Guide Five-Star rating (2020-2025) · La Liste’s Top 1,000 World’s Best Restaurants (2025) · South China Morning Post’s 100 Top Tables (2023-2025) · Wine Spectator’s Best of Award of Excellence (2015-2024)
Sushi Kinetsu – 1 MICHELIN Star Bestowed the coveted MICHELIN Star, Sushi Kinetsu at City of Dreams offers authentic Edomae sushi across a beautiful, centuries old Hinoki wood sushi bar. The tranquil restaurant serves seasonal delicacies using only the finest ingredients, crafted by Japanese master chefs. Recent honors and awards include: · MICHELIN Guide Hong Kong & Macau One Star (2024-2025) · Black Pearl Restaurant Guide One Diamond (2024-2025) · Trip.com Gourmet’s Platinum award (2024)
MACAU SAR – Media OutReach Newswire – 13 March 2025 – In the 17th Michelin Guide Hong Kong Macau 2025, Galaxy Macau™, the world-class luxury integrated resort, has once again proven its place at the forefront of the Greater Bay Area dining scene. An impressive four of its restaurants have collectively earned five Michelin stars, with Sushi Kissho by Miyakawa, which opened just last year, making a standout debut by winning one star. Celebrating a constellation of award wins, Feng Wei Ju at StarWorld Hotel, 8½ Otto e Mezzo BOMBANA at Galaxy Macau, and Lai Heen at The Ritz-Carlton, Macau have continued their year-on-year reign, maintaining their Michelin-starred status through a steadfast commitment to exquisite ingredients, artful presentation, and impeccable service. Adding to these stellar accolades, three other Galaxy Macau restaurants have been recognized as “Michelin Selected Restaurants.” These achievements underscore Galaxy Macau’s dedication to culinary excellence, further underscoring Macau’s reputation as a UNESCO Creative City of Gastronomy.
Sushi Kissho by Miyakawa made a standout debut by winning one star. Hironori Satake, Executive Chef of Sushi Kissho by Miyakawa, accepted the award on behalf the team.
Founded by the celebrated Michelin three-star sushi master, Chef Masaaki Miyakawa, Sushi Kissho by Miyakawa is his first venture outside Japan, dedicated to delivering the art of authentic Edomae sushi. Within its first year, the restaurant earned a Michelin star, a well-deserved recognition of its excellence. The skilled culinary team, with their refined expertise, elevates seasonal ingredients to their peak, crafting each piece of sushi to embody the traditional Japanese aesthetic of *wabi-sabi*—the beauty of simplicity and imperfection. Chef Miyakawa’s unwavering commitment to quality is evident in his meticulous selection of premium, seasonal ingredients, flown in directly from Japan, ensuring every bite showcases his tightly-held relationships with generational growers and family fishermen. The menu at Sushi Kissho by Miyakawa evolves with the seasons to offer a unique dining experience with every visit. From April 4th to 6th, Chef Miyakawa will personally take the helm at the restaurant, crafting a special seasonal Edomae sushi dinner over three exclusive evenings. This highly anticipated event is an opportunity for guests to experience the master’s artistry firsthand, for a series of dinners targeting the sushi aficionado.
Feng Wei Ju at StarWorld Hotel has boasted an impressive nine consecutive years of two-Michelin-starred recognition. Chan Chek Keong, Assistance Vice President of Food & Beverage Culinary of StarWorld Hotel and Executive Chef of Feng Wei Ju accepted the award on behalf the team.
Perched at StarWorld Hotel on the Macau Peninsula, Feng Wei Ju has earned its place as a culinary institution, boasting an impressive nine consecutive years of two-Michelin-starred recognition. To celebrate this incredible milestone, the restaurant is offering a special Michelin-inspired tasting menu (MOP 1,088 per person), featuring its most iconic dishes that showcase the authentic, bold flavors of Hunan and Sichuan cuisine. With nearly three decades of experience honing his craft in storied culinary traditions, Chef Chan Chek Keong has assembled a team of top-tier chefs specializing in authentic Hunan, Sichuan, and noodle dishes. Their philosophy is simple yet profound: allowing the ingredients to speak for themselves. Premium produce and spices, sourced directly from their regions of origin bring out the natural umami of high-quality ingredients, achieving a depth of flavor that is both bold and nuanced. Chef Chan’s deft hand blends tradition with innovation, creating a culinary repertoire that is as dynamic as it is delicious. The result is a symphony of spicy, aromatic notes that dance on the palate, leaving diners surprised and delighted.
For a standout ten consecutive years, 8½ Otto e Mezzo BOMBANA at Galaxy Macau has held its Michelin one-star honor. The new Executive Chef Marino D’Antonio accepted the award on behalf the team.
For a standout ten consecutive years, 8½ Otto e Mezzo BOMBANA at Galaxy Macau has held its Michelin one-star honor. This year, the restaurant enters a new chapter with the arrival of Executive Chef Marino D’Antonio, a culinary virtuoso whose career spans some of the most esteemed Michelin-starred restaurants and five-star hotels across the globe. Chef Marino brings with him a wealth of experience and a passion for Italian gastronomy, infusing the restaurant’s menu with fresh creativity and inspiration. Among the highlights are signature dishes such as Veal and Ham Agnolotti in Classic Broth, and Marinated Langoustine with Sea Urchin, Oscietra caviar, and Orange Chantilly. The new menu also draws inspiration from its sister restaurant, 8½ Otto e Mezzo BOMBANA in Hong Kong. Building on the culinary legacy of the legendary Chef Bombana, whose pursuit of “tradition, quality, and consistency” has defined the restaurant’s ethos, Marino infuses his creative flair, resulting in dishes that are deeply rooted in Italian tradition yet uniquely his own. Additionally, the restaurant now offers a brand-new lunch menu (starting at MOP 680) every Friday and Saturday. Featuring refined Italian classics crafted with fresh, seasonal ingredients, the menu delivers a Michelin-starred experience that is both elegant and luxurious, yet effortlessly understated.
Lai Heen at The Ritz-Carlton, Macau has been awarded the prestigious “Michelin One Star” for nine consecutive years. Jackie Ho Hon-sing, Chinese Executive Chef of The Ritz-Carlton, Macau accepted the award on behalf the team.
Nestled on the 51st floor of The Ritz-Carlton, Macau, Lai Heen, the hotel’s acclaimed Chinese restaurant, has been awarded the prestigious “Michelin One Star” for nine consecutive years. Helmed by Chinese Executive Chef Jackie Ho Hon Sing, who brings over 40 years of culinary expertise, the restaurant offers a breathtaking panoramic view of the city and the Taipa skyline. Combining authentic Cantonese delicacies with the legendary service of The Ritz-Carlton, Jackie Ho Hon Sing delivers an unparalleled dining experience. The restaurant’s star-studded culinary team has crafted a special Michelin-inspired menu, showcasing the essence of Cantonese cuisine through masterful techniques and premium ingredients sourced from around the world. Each dish is a testament to the artistry and precision of the Cantonese culinary traditions, offering guests a taste of Michelin-starred excellence.
Recognised as “Michelin Selected Restaurants”, Saffron at Banyan Tree Macau, known for its contemporary Thai flavors; Terrazza Italian Restaurant at Galaxy Macau, offering authentic taste of Italy; and The Ritz-Carlton Café at The Ritz-Carlton, Macau, continue to be lauded for maintaining their high standards.
These award-winning restaurants span Japanese, Italian, Cantonese, Hunan-Sichuan, Thai, and Western cuisines, offering a diverse culinary experience that caters to every palate. With over 120 dining offerings, Galaxy Macau is a veritable playground for the senses. From Michelin-starred experiences to local delicacies, each dish is a testament to the inimitable creativity, skill, and dedication of the culinary teams. It is a place where tradition meets innovation, and where every meal is a celebration of flavor, craftsmanship, and the art of hospitality. With this year’s multi-Michelin Starred recognition, Galaxy Macau continues to solidify its position as a leading Dining Destination, where the world’s finest tastes converge under one roof.
In the 17th Michelin Guide Hong Kong Macau 2025, Galaxy Macau, the world-class luxury integrated resort, has once again proven its place at the forefront of the Greater Bay Area dining scene.
Hashtag: #GalaxyMacau
The issuer is solely responsible for the content of this announcement.
Recognized at the 17th Annual Global CSR & ESG Awards for Sustainable Development Efforts
PHNOM PENH, CAMBODIA – Media OutReach Newswire – 13 March 2025 – Prince Holding Group has been recognized as “Best in Country Excellence – Best in Cambodia” at the 17th Annual Global CSR & ESG Awards, marking the fifth consecutive year the Group has received this distinction. The award highlights Prince Group’s ongoing efforts in corporate social responsibility (CSR) and sustainable development guided by its Chairman, Neak Oknha Chen Zhi.
Prince Holding Group received the Platinum Award at the 17th Annual Global CSR & ESG Awards for its comprehensive CSR approach, including the Chen Zhi Scholarship, which provides scholarships, mentorship, and career development opportunities to empower future leaders.
Under Chairman Chen Zhi’s leadership, Prince Holding Group remains focused on initiatives that promote education, healthcare, youth empowerment, and community development in Cambodia. Through its philanthropic arm, Prince Foundation, the Group continues to implement programs aimed at fostering long-term impact.
One such initiative is the Chen Zhi Scholarship, a program named after Chairman Chen Zhi, which provides full financial aid, mentorship, and career development opportunities to high-achieving Cambodian students. In 2024, the program received 1,900 applications, with 100 scholars selected to receive not only financial assistance but also access to career fairs, leadership workshops, and mentorship programs.
“Receiving this award for the fifth time is a testament to our long-term commitment to Cambodia’s sustainable future,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “Prince Group remains focused on building opportunities that empower individuals and strengthen communities. Our efforts will continue to evolve in response to Cambodia’s needs.”
Beyond scholarships, Chen Zhi has supported education and vocational training through key partnerships. A partnership with Nanyang Technological University (NTU) Singapore has established an educational exchange program designed to enhance cross-cultural learning and entrepreneurial skills for Cambodian students. Meanwhile, the Prince Horology Vocational Training Center continues to equip young Cambodians with specialized Swiss watchmaking skills, providing them with career pathways in a high-precision industry.
Prince Foundation also strengthens healthcare access and supports mine action initiatives. In 2024, it launched an internal donation drive for Kantha Bopha’s ’10K Riel, 10K Donors’ campaign, dedicated to pediatric healthcare in Cambodia.
Additionally, Prince Foundation crafted impactful public relations content in partnership with the ASEAN Regional Mine Action Center (ARMAC) at the Siem Reap-Angkor Summit on a Mine-Free World. Prince Foundation also co-developed the Saving All From EO (SAFE) chatbot, an educational tool designed to provide accessible, user-friendly guidance on recognizing and avoiding landmines and unexploded ordnance (UXO).
As Prince Holding Group moves forward, it remains committed to working alongside government agencies, NGOs, and corporate partners to advance sustainable development in Cambodia. Through targeted CSR initiatives, Prince Group continues its mission of “Building a Better Future for Cambodia.”
LIVERPOOL, UK – Media OutReach Newswire – 13 March 2025 – Liverpool Football Club and adidas have agreed a new multi-year partnership that will see the sportswear giant once again become the club’s official kit partner.
From 1st August 2025 Liverpool FC will wear the iconic three stripes for the third time in its illustrious history, with adidas supplying a range of match kit, training kit and culture wear to all men’s, women’s, academy teams and LFC Foundation staff.
LFC and adidas partnered together through some of the club’s most successful eras and memorable trophy lifts, first from 1985-1996 and again from 2006-2012. During this time the Reds secured an array of silverware, including three top-flight domestic league titles and three FA Cup wins.
The adidas kit is synonymous with success at LFC and considered among the most universally loved strips, and a fan favourite, among large sections of supporters.
Billy Hogan, chief executive officer, Liverpool Football Club, said: “Everyone at the club is incredibly excited to welcome adidas back into the LFC family. We have enjoyed fantastic success together in the past and created some of the most iconic LFC kits of all time. adidas and Liverpool share an ambition of success and we couldn’t be more excited to partner together again as we look forward to creating more incredible kits to help drive on pitch performance. We’d like to thank Nike for their support over the last five years and wish them well for the future”
Bjørn Gulden, chief executive officer, adidas, added: “We are extremely excited that adidas and Liverpool Football Club are teaming up once again. The club is one of the biggest and most iconic names in world football with a huge fan base. The jerseys worn during previous partnerships are some of the greatest ever created. We are honored to once again provide the players with cutting-edge technology to perform at the highest level and are looking forward to creating more classics for the fans.”
Details of the new adidas Liverpool kits – home and away – will be revealed via club and adidas channels and available to purchase from 1st August 2025.
Hashtag: #LiverpoolFC
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – EQS Newswire – 13 March 2025 – Sustainable development is a global goal. Energy conservation, emission reduction, and achieving zero emissions and carbon neutrality are important ways to reach this goal.
Recently, Unity Group Holdings International Limited (1539.HK) hosted the International Carbon Emission Day Conference in Malaysia. At the event, Unity Group launched a structured carbon emission management plan and established a strategic partnership with Datuk Dr. Eric H’ng, a global expert in carbon emission standards and management.
“We gather here as a global community to address climate change and transition from global warming to global cooling,” said Mansfield Wong, Chairman and CEO of Unity Group.
Global Carbon Emission Initiative Achieves Major Progress
Unity Group, listed on the Hong Kong Stock Exchange in 2015, is an international ESG pioneer and leader in sustainable development. The group focuses on energy-saving solutions, renewable energy, ESG digitalization, and vertical indoor agriculture.
In recent years, carbon emission rights have grown in importance. Based on total volume control and trading mechanisms, companies exceeding their allocated rights must purchase additional emission rights.
This Conference gathered ESG practitioners from Malaysia, Australia, Chinese Mainland, Chinese Hong Kong, Indonesia, and Chinese Taiwan. This milestone event marks significant progress in global carbon emission collaboration.
At the conference, Mansfield Wong outlined the company’s phased sustainable development strategy to achieve net-zero carbon emissions by 2050.
During the conference, Unity Group formally established a strategic partnership with Datuk Dr. Eric H’ng, who has been appointed as Unity Group’s Chief Researcher.
Unity Group also launched a carbon emission management plan to help companies offset emissions and fund global sustainable projects.
“Unity Group is the first company in the lighting industry to adopt carbon emission rights management globally,” Datuk Dr. Eric H’ng stated at the meeting. The company achieves significant energy conservation and emission reduction by promoting highly efficient energy-saving lighting fixtures.
Unity Group’s ultra-high efficiency ESG lighting fixtures save 75% more energy than others on the market. It has also actively promoted these fixtures in Selangor, Malaysia.
The project has been ongoing for two years and is now accelerating. The significant energy savings from these fixtures are laying the foundation for Unity Group to gain substantial carbon emission rights benefits.
In recent years, global carbon emission rights trading volume has been increasing. With ongoing improvements in lighting energy efficiency, Unity Group is expected to generate significant income from carbon emission rights trading.
At the meeting, Datuk Dr. Eric H’ng stated, “Malaysia ranks among Asia’s highest in carbon emission pricing, with prices expected to double by 2030. Businesses must act now to offset emissions, and Unity Group is leading this trend.”
May Become the First Company Listed in Both China and Malaysia
Unity Group was listed on the Hong Kong Stock Exchange in 2015 and has achieved significant development with capital market support. In recent years, the company has steadily grown and increased its influence in ESG and sustainable development.
Unity Group has been planning a secondary listing in Malaysia, as previously announced. On November 20, 2024, the company disclosed it is discussing this plan with an advisor for a listing on the Malaysian Stock Exchange.
Unity Group’s secondary listing in Malaysia is progressing steadily. Once completed, it will become the first company listed in both Hong Kong and Malaysia.
Its listing in Malaysia will significantly boost its liquidity and attract more diverse investors, potentially enhancing the company’s valuation. This will also provide greater trading convenience for Malaysian investors, better reflecting the company’s overall value.
In addition, Unity Group has long been active in the Malaysian market, including a three-year collaboration with the Selangor State Government on ESG initiatives. Its secondary listing in Malaysia will further grow the company.
In fact, as early as August 2024, Group subsidiary Synergy ESCO (Malaysia), reached a strategic cooperation with Malaysia’s largest financial institution.
Unity Group has gained a financing limit of 50 million ringgit (about 90 million Hong Kong dollars) from Malaysia’s largest bank to support its ESG-compliant energy efficiency projects nationwide. With continued market expansion in Malaysia and progress on its secondary listing, the company is poised for faster growth
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 13 March 2025 – Yuexiu Transport (01052) announced 2024 annual results and recorded revenue of RMB3,867 million. Profit attributable to shareholders was RMB657 million, representing a year-on-year decrease of 14.2%. The drop in profit was mainly due to decline in revenue and the expiration of toll collection right of Northern Ring Road. Nonetheless, starting from May, the Wuhuang Expressway, which completes with the Han’e Expressway, underwent closure for reconstruction and expansion. The Company successfully has managed the traffic divseron from the Wuhuang Expressway. As a result, the average daily toll revenue of Han’e Expressway boasted a significant year-on-year increase of 58.1% during the Year, and brought an important contribution to the Company’s overall toll revenue.
The Board has recommended the payment of a final dividend for 2024 of HK$0.13 per share. Together with the interim dividend of HK$0.12 per share paid, the total dividend for the full year of 2024 is HK$0.25 per share, equivalent to the annual dividend payout ratio of 58.5%.
In November 2024, Yuexiu Transport completed its acquisition of 55% equity interests in Henan Yuexiu Pinglin Expressway Company. The acquisition proved successful in the Company’s expansion of asset portfolio, deepening of its strategic presence in Central China and the synergistic interaction between the incubation platform and the listed company platform. With geographical advantage and healthy profitability, Henan Pinglin Expressway delivered immediate positive profit contribution to the Company after consolidating the financial statement, which recorded an increase of RMB51 million in toll revenue and increase of RMB9 million in profit attributable to shareholders. The acquisition has provided growth momentum in Yuexiu Transport’s future profit and enhanced shareholders’ return. Moreover, the Company seized the opportunity to dispose 60% equity interests of Jinxiong Expressway by RMB190 million and realized a disposal gain of approximately RMB65 million, boosting its profit attributable to shareholders. Through the optimization of asset structure and management, the quality of the Company’s assets has been further enhanced.
In 2024, the Company further optimized its debt structure through diverse measures. By the end of 2024, the weighted average financing rate of the Company was 2.72%, dropped by 0.52 percentage points compared to the end of 2023, and its debt duration was further extended. The optimized financial structure has further strengthened the Company’s ability to effectively withstand risks and leverage opportunities for growth amid market votalility.
On 29 April 2024, the land for the GNSR Expressway R&E Project was approved by the Ministry of Natural Resources. Later, on 20 June, the construction permit was granted by the Department of Transport of Guangdong Province. With completed necessary pre-construction procedures, the R&E Project advanced to its next stage with construction currently in full swing and overall progress meeting expectations. The GNSR Expressway R&E Project will bolster the Company’s most important revenue-generating asset, expand the scale of the Company’s asset and is expected to extend the toll operating period, consolidating the Company’s long-term profitability and enabling Yuexiu Transport to deepen its regional footprint in the Guangdong-Hong Kong-Macao Greater Bay Area.
Yuexiu Transport is committed to becoming a leading transport infrastructure asset management company in China under the guidance of the “3331” development strategy, which includes improving the three platforms (listed platform, REITs platform and incubation platform), enhancing the three core abilities (investment ability, operation and maintenance and construction management ability and capital operation ability) and focusing on three directions (expressway main business, key areas and expansion of related auxiliary businesses). The Company will continue to grasp the strategic opportunity period for expressway investment and mergers and acquisitions. Gaining its foothold in Guangdong-Hong Kong- Macau Greater Bay Area and Central and Eastern China, expanding its presence in other developing areas benefiting from continued urbanisation and industrialisation going forward, making full use of the incubation platform model and exploring opportunities of investing in reconstruction and expansion of quality assets, the Group insists on strengthening and expanding its infrastructure business mainly based on toll roads.
Hashtag: #YuexiuTransport
The issuer is solely responsible for the content of this announcement.
