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MetFX: What Dreams May Become
Across the horizon, the metallic body of a car gleams at the light of the dying day. Its contours are soft, bearing no trace of the old industrial world. Its resplendent dark finish almost hides it from the eyes of those who look on from the ground as night settles into the city. From afar, multitudes of other vehicles enjoy the freedom of the air, alongside friendly dragons whose majestic wings spread into the neon-splashed night—all removed from the former hustle and bustle of the cesspool that was the modern world. With buildings of glass, metal, and neon shooting into the heavens, this new and better world is framed as what future dreams are made of.
This whole new world is yours for the taking.
This is MetFX.
MetFX: No Competition
A metaverse that has no competition, MetFX soars into the scene with its unique offering of a full 3D movie-going experience at the comfort of its users' home. Its captivating digital environment thrives with public showings of the latest blockbusters and real estate that users can buy to build their own screening rooms. The income avenues are limitless through MetFX's in-bound Play-to-Earn games and its provision for users to create, list, buy, and sell NFT avatars, accessories, structures, and equipment through the NFT marketplace. Creators and artists are open to earning royalties from the sales of their NFT assets.
While still at its infancy, MetFX's developers have ascertained its potential for further development, eventually expanding its services to include cutting edge AR and VR technology. As these are being undertaken behind the scenes, MetFX's marketing arm is whipping up sure-fire ways to attract and reach out to a wider audience. Suffice it to say, everything that the marketing team has in store is more than what you can expect from a metaverse.
Accessible across all platforms, the MetFX app may be downloaded to all types of mobile devices and even to one's personal computer.
Impresses Even Before Launch
MetFX is set to impress with a whopping 50,000 active participants upon its launch. And with the way things are looking now, that number is primed to increase. MetFX had participated in multiple IDOs, allowing the exposure it is due as it raises the funds that it needs to take it off the ground.
A Team Geared for Success
Fully-doxxed, MetFX's team leaves no room for unease and suspicion when it comes to its founders and movers. A team of talented and skilled professionals, MetFX's team is assured of success in this widely-anticipated project launch. Get to know each one of them by visiting MetFX website at http://www.metfx.io
More Than Just an Escape
Flipping that old Shakespearean line, "what dreams may come," MetFX bears the promise of what human interaction may culminate into. To say that immersing yourself in MetaFX's metaverse is a form of escape may hold a truth in it. But mind you, MetFX is more than just that; it is a venue where your dreams may come into fruition as you recover your sense of self that has gotten lost in the cacophony of the real world.
Ecosystem
MetFx's integrated ecosystem is designed to encourage utilization across all sections of the platform, creating a closed-loop and growing economy that drives the value of MetFx tokens. They have also set out the following design principles for developing the integrated ecosystem:
Simplicity
Transparency and traceability are the key advantages of using a blockchain in MetFx's ecosystem. These provide MetFx with the ability to ensure that MFX transactions are properly authenticated and reconcilable. However, the use of cryptocurrencies can be challenging for new users. Therefore, it was crucial for MetFx to optimize the user experience of utilizing MFX within MetFx's integrated ecosystem to achieve high usability.
Sustainability
MetFx's integrated ecosystem is built with a long-term strategic view to ensure the sustainability of the business model. All new business models will undergo a business development process within MetFx for research and exploration by qualified individuals before implementation. This is important to ensure that the business model remains viable for the long term.
Scalability
The development of an integrated ecosystem will be a massive undertaking. Scalability designs will be an important Day 1 consideration for software design because MetFx will be accessible to a worldwide user base. In addition, the platform is designed in a way that is capable of horizontal scaling as new content and functionalities are added to the ecosystem.
Social Connection
Above all things, health and wellness, and safety are always held as the top priority. It goes without saying that the pandemic had highlighted this, leading world leaders, in their attempt to combat the spread of the corona-virus, to mandate nationwide lock-downs. This directed social interaction to the digital realm. Should there be a need for an individual to venture outside, stringent social distancing protocols are implemented. This is especially challenging as humans are naturally social beings.
In the MetFX metaverse, there is no need to establish social distancing. You can interact with your family, friends, and colleagues in movie theaters, parks, and even on the moon if you so desire. If you are feeling adventurous, you can go hunting, fishing, or explore the many worlds in the MetFx metaverse.
Even in times of uncertainty, with the war between Russia and Ukraine, a person can easily escape their environment with the MetFX metaverse. Teleport yourself into a dream world, and do not be limited by your current environment. This is the power of MetFX!
Partnerships With Meaning
MetFX has partnered up with several huge companies in the industry to guarantee their success. A deal with the full marketing agency of Crypto Kid Finance (http://www.cryptokidfinance.com) has been set in place. Crypto Kid Finance will help assist with day to day marketing, including:
AMAs with big known communities, multiple press release media drops, trending on all the major sites, partnerships to be formed, full staffing (mods and shillers) and much more! In addition, MetFX has a deal with Orbit Digital Marketing (https://t.me/orbitdigitalmarketing) who owns thousands of billboard locations, and who have access to many influencers in the crypto space. Orbit has been apart of many successful projects and expect MetFX to be added to that list. Moreover, a partnership with the betting platform of Betswamp (http://www.betswamp.com) – who will be doing a relaunch in the coming weeks, has been formed.
How To Get Invested In MetFX?
With an expected launch date at the end of April, investing in MetFX is what thousands of investors have been trying to do! Spots are very limited since MetFX will be taking the route of a tier-1 IDO launchpad service, such as a Seedify, DAO Maker, Trust Pad. However, investors are encouraged to try to get in before the IDO announcement by visiting MetFX telegram (https://t.me/MetFXWORLD) and signing up for their whitelist event. For those lucky investors who are able to get in, MetFX presents them an opportunity like no other! Launch is set for April 2022 (exact date TBA).
Links:
Website: http://www.metfx.io
Twitter: https://www.twitter.com/metfxmetaverse
Telegram: https://t.me/MetFXWORLD
Partners:
Crypto Kid Finance: https://t.me/cryptokidfinance
Orbit Digital Marketing: https://t.me/orbitdigitalmarketing
Betswamp: http://www.betswamp.com
Media Contact: [email protected]
Disclaimer:
The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency.
Submitted by Newscall
L’Oreal to Enter Metaverse in a Post-COVID World
French beauty giant L’Oreal is entering the metaverse. The fashion brand will offer virtual versions of its cosmetics. 17 individual ... PIL’s Revenue Hit All-Time High for FYE 2021
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The overall performance of the Group recovered commendably in 2021, with growth driven by improved contributions from both the ATE and FAS business segments with each segment accounting for approximately 70.1% and 29.9% of the total Group's revenue, as compared to 2020 of 67.6% and 32.4%, respectively.
ATE segment
With a revenue contribution rate of 70.1%, the ATE segment continued to contribute the larger portion of the Group's overall revenue and profit. After witnessing a decline in revenue last year, total revenue from this segment marked a turnaround and grew at a double-digit rate of 22.6% to MYR358.4 million. During the year, backed by the recovery of the smartphone market and its peripheral items. the electro-optical industry continued to dominate the ATE segment with its revenue contribution rate of approximately 49.7%, derived from abroad
the product portfolio of the Group in its test solutions for the proximity sensor, 3D magnetometer sensor, ambient light sensor, wafer-level VCSEL (Vertical-Cavity Surface-Emitting Laser) and other relevant applications under optics and photonics sensing solutions.
Owing to the Group's persistent effort in increasing its exposure to the automotive industry, revenue from this sector came in as the second-highest within the ATE segment with its contribution rate of 27.6%. In addition, the automotive sector chalked the highest growth rate at 39.9% among other industry sectors within the ATE segment. This strong demand was largely attributed to the Group's automotive test solutions covering a full range of assembly and test technologies for various aspects of the manufacturing process ranging from the component test, final test to packaging. During the year, the ATE segment was also benefitted from the semiconductor industry with its revenue contribution rate of 20.0%, where this sector captured a 26.8% growth as compared to 2020 from the continuous demand for the Group's test handling equipment which was underpinned by the growth of integrated chips and other related semiconductor contents from the acceleration of digital transformation by the pandemic over the past two years.
The ATE segment will continue to dominate the performance of the Group in the foreseeable future. With the global pandemic unleashing the unprecedented wave of technology developments coupled with the power and momentum of technology convergence, the Group is in a promising position to leverage on these significant opportunities in the ATE segment.
FAS segment
After recording a strong revenue growth in the year 2020, the FAS segment continued to witness a double-digit growth rate in its contribution to the Group's revenue, chalking 12.3% growth to achieve MYR155.3 million during the year. This was mainly driven by the robust demand for the Group's proprietary i-ARMS solutions, where a wider customer base adopted this application across different industry segments in different countries and regions. Notably, this segment gained its revenue momentum in the third and fourth quarters of the year, with revenue in the second half of the year exceeding its first half by approximately 19.5%. The main industry segment that led to FAS growth was the consumer and industrial product segment, contributing approximately 45.4% to overall FAS segment revenue. This was followed by the electro-optical segment and medical device segment with its respective revenue contribution rate of 30.4% and 19.3% where the application of the Group's i-ARMS was equally prevalent in
these segments.
The Group continues to witness huge potential and opportunities in its FAS segment given the fundamental shift towards factory automation and smart manufacturing across various industries, especially in a post-pandemic environment. With the current automation trend, the Group will continue to broaden and enrich the capability of its automated solutions to capture the growth from these developments in the years ahead.
Outlook
"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change."
The COVID-19 pandemic has dramatically and fundamentally altered the way we live and work. From social distancing, quarantine, closed borders, travel bans to the buzzword "home office" have never been mandated on such a large scale. The Group, however, navigated the "unsettling" effects of the pandemic and ended the financial year relatively "healed". Such accomplishment has demonstrated the Group's resilience in taking on the undeniable challenges that demand new ways of operating in a post-pandemic business environment and its versatility and speed in emerging strongly owing to the hard work and concerted efforts of the employees of the Group.
As the saying goes, every cloud has a silver lining. The pandemic has pushed many companies over the technology tipping point and with the surge in automation, digital adoption has taken a quantum leap across many companies and industries. As a result of these developments, the Group embraces 2022 with increased optimism on the back of a strong order book momentum largely driven by another high growth potential year surrounded by several catalysts brought about by AI, big data analytics, IoT, self-driving cars, Industry 4.0 and the deepening application of 5G. With the electro-optical segment currently dominating the Group's financial performance, this segment will continue its growth momentum in 2022, albeit modestly, given the Group's growing exposure to other industry segments. In respect of the automotive segment, the Group expects to witness the continuous affluence of this segment with e-mobility emerging at an accelerated pace. With electrification playing an important role in the transformation of the transportation industry and thereby presenting major opportunities in all vehicle segments, the global transition specifically towards electric vehicles ("EV") continues to get momentum and creates major disruption in the automotive industry and the related nexus. Significant efforts are witnessed through regulators worldwide defining more stringent emissions targets which include, among others, the European Union CO2 emissions regulations for cars and vans, China's New Energy Vehicles (NEV) mandate and Biden's administration is introducing a 50% EV target by 2030. Given this context, the Group anticipates a favorable prospect for its automotive test solutions from front-end to back-end which will continue to provide an impetus to the Group's overall performance.
In the belief that there is so much room and business opportunity for further expansion and that now is the best time to be planning for the future, the upcoming new manufacturing plant will pave the way for the Group to deepen its foothold in the medical device segment and bring the growth of its FAS segment to the next level. Key technologies that have been used widely in industrial manufacturing are seen to be filtering into the healthcare sector and with AI conquering the next frontier of the medical segment, the automation opportunity within this horizon is now abundant. With these technology developments presented, the Group is heartened to witness the growing demand for its automated assembly solutions from a broader customer base within the medical device segment on the back of an encouraging booking momentum. Together with the setup of Pentamaster MediQ Sdn. Bhd. for its involvement in the manufacturing of single-use medical devices, the Group is fully prepared for the huge market opportunities in the medical industry. Having continuously witnessed revenue growth from the FAS segment in the past two years, the Group continues to benefit from the increased focus of various industries on industrial automation which is now rapidly necessitated by the effects of the pandemic. As the surge in automation continues in the coming years with the use of AI and IoT in the manufacturing processes, the huge potential and opportunities in the FAS segment will be prevalent. Girded by a year of relatively stable financial performance in 2021, the Group will continue to focus fundamentally on its operational capabilities and remain proactive in the development of new cutting-edge technologies and solutions. With a wide variety of challenges and opportunities confronting 2022, the Group, having the pulse on the global trends and requirements, is forward-looking in building another year of solid business growth. As it is, the virus is here to stay for a period of time and will be a reality in our daily lives. The Group's priority is to ensure the safety of its employees with its strict adherence to the necessary safety measures and operating procedures.
About Pentamaster International Limited
PIL (HKEX stock code: 1665) is a leading global supplier in providing automation technology and solutions to multinational manufacturers mainly in the semiconductor, automotive, electrical & electronics, medical devices and consumer industrial products sectors spanning APAC, North America and Europe. The Group's broad range of integrated automation products and solutions entails innovating, designing, manufacturing and installing automated equipment and/or automated manufacturing solutions.
To learn more about PIL, please visit us at www.pentamaster.com.my.
For media enquiries, please contact:
Email: [email protected]
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comPentamaster International Limited ("PIL" or "the Group") which is listed under the Main Board of The Stock Exchange of Hong Kong Limited announced its financial results for the year ended 31 December 2021 today.
Champion REIT Announces 2021 Annual Results
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Summary of financial results
FY 2021 FY 2020 Change
Total Rental Income (HK$ mil) 2,495 2,633 -5.2%
Net Property Income (HK$ mil) 2,197 2,347 -6.4%
Distributable Income (HK$ mil) 1,503 1,554 -3.3%
Distribution per unit (HK$) 0.2279 0.2496 -8.7%
31 Dec 2021 31 Dec 2020 Change
Gross Value of Portfolio (HK$ mil) 65,296 67,318 -3.0%
Net Asset Value per unit (HK$) 8.25 8.61 -4.2%
Gearing Ratio 22.9% 23.0% -0.1pp
Overview
The persistent COVID-19 pandemic continued to pose challenges to the operating environment for our business in 2021. Amid the gloomy market conditions, Champion REIT recorded a drop in distributable income by 3.3% to HK$1,503 million and distribution per unit ("DPU") declined 8.7% to HK$0.2279.
Three Garden Road
Three Garden Road recorded a shrank of the rental income by 3.8% to HK$1,460 million in 2021 (2020: HK$1,518 million). Average passing rent decreased to HK$108.3 per sq. ft. (based on lettable area) as at 31 December 2021. Demand from new and existing tenants gradually materialised in the second half, boosting the occupancy of the property to 89.0% as at 31 December 2021.
Langham Place Office Tower
The impact of negative rental reversion drove down rental income of Langham Place Office Tower to HK$365 million in 2021 (2020: HK$378 million), and passing rents of the property declined to HK$47.1 per sq. ft. (based on gross floor area) as at 31 December 2021. Occupancy of the property increased to 96.3% as at 31 December 2021, given the rebound in leasing momentum for beauty and healthcare tenants.
Langham Place Mall
Amid the challenging environment for retail leasing, the total rental income of the property went down 9.1% to HK$670 million (2020: HK$738 million). The average passing rents dropped to HK$165.9 per sq. ft. (based on lettable area) as at 31 December 2021. The mall remained fully occupied as at 31 December 2021, attributed by the spearhead of the Langham Beauty concept at our premises which upgraded the tenant mix and strengthened the strategic positioning of the mall.
Distribution
Distributable income of the Trust dropped 3.3% to HK$1,503 million (2020: HK$1,554 million) and DPU dropped 8.7% to HK$0.2279 (2020: HK$0.2496). Based on the closing unit price of HK$3.99 recorded on 31 December 2021, the total DPU represented a distribution yield of 5.7%.
Asset Value
The appraised value of the Trust's property portfolio was HK$65.3 billion as at 31 December 2021, declining 3.0% from HK$67.3 billion as at 31 December 2020.
Sustainability
We forged ahead to embrace change with resilience and agility to manage business continuity and put people at the heart of what we do. In addition to the BEAM Plus Existing Building Platinum certification, Langham Place Mall was awarded the international EDGE green building certification, making it the first shopping mall in Hong Kong to receive the recognition. The Trust also secured its first sustainability-linked loan and sustainability-linked swap, befitting our sustainability objectives.
Outlook
Amid the ongoing COVID-19 pandemic, the outlook of Hong Kong office and retail property market remains uncertain and difficult. The tightening of social distancing measures would continue to affect the business of our tenants. Relaxation of cross-border controls and quarantine requirements locally would be crucial for economic recovery.
Looking forward, we will continue to adopt a flexible leasing strategy to retain tenants and maintain high occupancy rates. Despite the unfavourable conditions, we strive to inject impetus to growth through asset enhancement and trade mix rebranding initiatives. We will take a prudent approach in balance sheet management in a rising rate environment. Equipped with a sufficient reserve, the Trust stands ready to pursue acquisition opportunities globally with a goal to generate long-term returns.
About Champion REIT (stock code: 2778)
Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. Since 2015, the Trust has been included in the Constituent of Hang Seng Corporate Sustainability Benchmark Index of Hang Seng Indexes.
Website: https://www.championreit.com/
For press enquiries:
Strategic Financial Relations Limited
Vicky Lee Tel: 2864 4834 Email: [email protected]
Christina Cheuk Tel: 2114 4979 Email: [email protected]
Yvonne Lee Tel: 2864 4847 Email: [email protected]
Website: http://www.sprg.com.hk/
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comChampion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for year ended 31 December 2021.
XanPay Partners with SWAG to Launch New Alternative Payment Methods
HONG KONG, Feb 9, 2022 - (ACN Newswire) - Recently, XanPay announced a partnership with SWAG, a leading online entertainment interactive brand, to launch new alternative payment methods. Online entertainment experienced exponential growth during the pandemic. According to a related report, the worldwide traffic of online entertainment has grown substantially during the COVID-19 period. The increasing number of people working from home and restrictive social distancing measures has made online entertainment avenues extremely popular.
SWAG gained the upper hand against its competitors during this period partnering with a payment gateway specialized in alternative payment methods, XanPay.
Challenges of Online Entertainment Platforms in High-Risk Industry
SWAG is one of Asia's largest online entertainment interactive brands. The Taiwan-based company started in 2017 with a team of 80 employees. They have come a long way to establish themselves as the leader in the region.
For those who are unfamiliar, there are major challenges and taboos that the alternative online entertainment space constantly faced for decades:
- Many financial institutions (FIs) consider merchants in this industry as 'high-risk'
- 'High-risk' merchants faced extreme scrutiny and long approval lead times
- Payment gateways that are accepting of these merchants usually charged exorbitant fees, sometimes nearly 20%
- Unnecessary and tedious paperwork and processes
- Perceived as risky business due to the high possibility of high chargeback
It wasn't any different for SWAG and they encountered many such obstacles over the years, but they continued to look for solutions that support the online entertainment content creator industry. Research shows that local payment methods or alternative payment methods (APMs) are 3x more popular than credit cards across APAC.
So, they began to look for local payment gateways which provided alternative payment methods (APMs) across Asia. However, issues like poor API integration documentation and having payment gateways that disappeared without response - made it difficult for them to break into new markets.
Reliable Payment Gateway in the APAC Region
When OnlyFans announced an official ban, the SWAG team onboarded many of the online entertainment content creators. They were determined to provide a reputable source of entertainment as well as income to their content creators.
After getting to know about XanPay, SWAG integrated and went live with new payment options within a week. Immediately, they observed payment adoption from across 8 new countries. Singapore, Malaysia and Hong Kong became their biggest markets in this region. Additionally, the number of payment issues reported by users had also drastically reduced.
Since then, XanPay accounts for up to 90% of their payment transactions in the new markets that they expanded to.
Key Highlights
- Generated revenue from 8 new Asian countries within a month of integration
- About 50% of the transactions are from XanPay vs non-XanPay
- Grew their revenue and transaction volume by 5% within 3 months of integration
- of payment issues reported by users drastically reduced
- Ability to focus on bigger marketing and expansion plans
- Acquired new users with XanPay processing up to 90% of the transaction volume in SEA
Quote section
"XanPay is our one-stop payment gateway in Asia. They solved our pain points. Not only are we able to reach new users and markets, but our alternative payments in the SEA region are also now managed by them, which is amazing." - Allan Lei, CTO of SWAG
Payments, Streamlined
XanPay has become their one-stop payment gateway solution using the full checkout page option. By getting the right payment gateway, the SWAG team gets to focus their efforts on bigger business plans.
SWAG now aimed to deepen its reach into Vietnam, Thailand and Indonesia.
About XanPay
XanPay is a unique payment gateway specialized in serving global customers locally. XanPay partners with organizations and small businesses to scale quickly and achieve outcomes through modern cross-border payment solutions. For XanPay, modern means widely adopted, seamless, convenient and secure. As a fast-growing payments company, XanPay built connections across 490 local banks in over 10 countries, enabling any businesses in the ecosystem to accept easy payments competitively. Shaping the next-generation payments landscape by bringing greater financial access.
For more information, visit
LinkedIn: https://www.linkedin.com/company/xanpay/
Facebook: https://www.facebook.com/XanPayOfficial
YouTube: https://www.youtube.com/channel/UCOmtkZ6cwwamzmQ_iViuzeA
Website: https://xanpay.com/
Media Queries
Carrine Eng, Marketing & PR Manager
Email: [email protected]
SOURCE: XanPay
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
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