June 23, 2022 – Page 2 – Singapore News Gazette

June 23, 2022

Apollo partners with Hostplus to launch $1.25 billion Asia Pacific Credit Strategy

Multi-sector, yield-focused mandate leverages Apollo’s origination and credit expertise in APAC Region

NEW YORK and MELBOURNE, Australia, June 22, 2022 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced the formation of an Asia Pacific Credit Strategy in strategic partnership with Hostplus, one of the five largest superannuation funds in Australia. The new strategy launches with US$1.25bn in assets, following an inaugural raise that includes a $500 million anchor commitment from Hostplus alongside Apollo’s internal and affiliated insurance balance sheets. The dedicated strategy brings Apollo’s global credit platform together with local expertise to capitalize on growing demand for private credit across Asia Pacific, providing companies and sponsors with flexible and bespoke solutions.

The Asia Pacific Credit Strategy is designed to leverage Apollo’s credit expertise and differentiated asset origination to source high-quality opportunities across the yield spectrum. Today, Apollo has more than $10 billion¹ of assets under management invested in the region and a growing team of nearly 60 investment professionals. Last year, Apollo appointed Partner Matt Michelini as Head of Asia Pacific, now based in Singapore, and hired an Australia-based credit team led by Partner Anthony Hermann, among other key additions.

Apollo Co-President Jim Zelter said, “This strategy is a natural extension of our global credit capabilities and reflects growing demand in the region for flexible, expedient capital solutions from non-bank lenders. We are pleased to launch Asia Pacific Credit in alignment with our long-term partners at Hostplus, who share in our disciplined investment philosophy.”

Hostplus CEO David Elia commented, “We are delighted to extend our 13-year relationship with Apollo, one of the leading global credit managers. This launch is part of our broader investment strategy to help to further diversify our investment portfolio to protect and grow our member investments over the long-term. Credit plays an important role in our strategic asset allocation to ensure we spread investment risk and help stabilize our investment portfolio, smoothing the ups and downs of investment market cycles.”

“We continue to make tremendous progress building our team and capabilities across Asia Pacific to serve the growing credit needs of companies in the region,” said Matt Michelini, Apollo Partner and Head of Asia Pacific. “This new strategy seamlessly combines our global capital base and ability to provide large-scale, differentiated, cross capital structure solutions with local expertise and origination.”

The Asia Pacific Credit Strategy will focus geographically on Australia, India, Singapore, South Korea and Hong Kong, with select deployment across other parts of the region. Launch of the strategy follows increasing investment activity in APAC for Apollo. Recently, Apollo-managed credit funds provided a comprehensive, US$750 million financing for Mumbai International Airport Ltd., one of the largest-ever private placements in India. Apollo also helped to structure and made a cornerstone investment in a A$150 million sustainability-linked note issuance for Ampol in Australia, with targets that included carbon-emission reductions and installation of EV charging points supported by 100% renewable energy.

In addition to increased investment opportunities in the region, Apollo continues to grow its partnership with key Asian and Australian investors. Since 2017, Apollo has raised more than $22 billion from institutional investors in the region.

About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2022, Apollo had approximately $513 billion of assets under management. To learn more, please visit www.apollo.com.

About Hostplus
Hostplus has grown to be one of the largest industry super funds in Australia. With over 1.5 million members, more than 250,000 employers and $89 billion in funds under management (as at 20 April 2021), our scale and ongoing growth allows for low member costs and a broad range of investment opportunities. To learn more, please visits www.hostplus.com.au.

Contacts

Apollo

Noah Gunn
Global Head of Investor Relations
212-822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
212-822-0491
Communications@apollo.com

Hostplus

Nathan Motton
+61 447 771 882
media@hostplus.com.au

¹ APAC-based assets as of 3/31/22 with pro forma inclusion of commitment to Mumbai International Airport Ltd.

June 23, 2022

Qommodity Officially Launched Its Revolutionary QAA Token on LaToken Platform

The QAA token has been launched and, at this time, it can be purchased by using the LaToken platform. All the benefits of the blockchain are available and accessible to everyone through the user-friendly interface, so that every purchaser has the option to access the newly launched token and add it to their portfolio.

Qommodity Launched Its QAA Token

CONSTANŢA, Romania, June 22, 2022 (GLOBE NEWSWIRE) — QAA is a project that aims to offer people from all over the world access to the future QAAA token, a one-of-a-kind security token that will launch as soon as possible on the SourceLess Blockchain, the most technically advanced Blockchain out there.

The QAA Token is built on the Binance Smart Chain and also BEP20 standard protocol. At this time, these are the most established blockchain-based smart contract technology.

Using blockchain technology, the structure aims to eliminate bureaucratic procedures and, at the same time, increase cost-efficiency, compared to the general costs that come from financial investments focused on similar assets.

Looking at the big picture, the greatest advantage for anyone joining the project is the opportunity to take part in the further stages of Qommodity at the current price level. On top of it all, the issuing company offers a guarantee where the QAA is a security asset-backed token.

The guarantee is a statement of dedication as the Board of directors of Tandem Liber Holdings and all of its shareholders will also provide a hard guarantee for the support of every purchaser. In addition, the company intends to also create its own marketplace with its partners who will provide the QAA Tokens.

Present in Sierra Leone since 2009, Qommodity has proven resources with the help of their partners – Tandem Liber Holdings. The goal of the company is to use the proven in-ground resources to give value to the land itself and, thus, maximise the value in order to be able to offer the surrounding communities a far better life with access to clean water, medicine, a healthcare system and many more.

Moreover, the token created by Qommodity is not just another token, it is a project created for everybody. The system behind it is entirely based on custom support and tailored consultancy in order to offer every person out there the chance to become a part of the project that represents a revolution in digital asset management. Thus, one of the main features of Qommodity is facilitating access to the next crypto opportunity, the one that’ll become Bitcoin 2.0.

In short, the company’s goal is to help people build a legacy in a sustainable, eco-friendly manner.

The newly launched token can be purchased at the following link: https://latoken.com/exchange/QAA_USDT

More details on the project:
www.qommodity.io
Facebook: https://www.facebook.com/Qommodity.io
Instagram: https://www.instagram.com/qommodity.io/
Twitter: https://twitter.com/qommodityio
Telegram Channel: https://t.me/qommodityglobal
Telegram Group: https://t.me/Qommodityio
Tiktok: https://www.tiktok.com/@qommodity.io .
Youtube: https://www.youtube.com/c/Qommodityio
Discord: https://discord.gg/kuyfGAve
Medium: https://medium.com/@qommodityio

Qommodity Launched Its QAA Token

This content was issued through the press release distribution service at Newswire.com.

Attachment

Qommodity Launched Its QAA Token

June 23, 2022

UN Expert Calls Myanmar’s Pledge for Clean Elections ‘Preposterous’

KUALA LUMPUR, MALAYSIA —

Military-ruled Myanmar’s promise of free and fair elections next year is “preposterous,” a U.N. expert said Thursday as he warned the international community not to fall for the army regime’s propaganda to legitimize its rule.

Tom Andrews, the U.N. special rapporteur on the situation of human rights in Myanmar, said the military has been working hard to “create an impression of legitimacy” after ousting the government of civilian leader Aung San Suu Kyi in a February 2021 takeover.

“Any suggestion that there could be any possibility of a free and fair election in Myanmar in 2023 is frankly preposterous. You can’t have a free and fair election if you locked up your opponents. You can’t have a free and fair election if you put your opponents on death row. This is outrage,” he told a news conference during a visit to Malaysia.

“Their propaganda machine works around the clock and they’ll take any shred of evidence that they could find to make it appear as if the international community recognizes them as legitimate. That is something that we are very cautious about and very careful not (to) fall into that propaganda trap,” Andrews added.

The army seized power citing widespread fraud in the 2020 general election. It appointed new members to the election commission, which said that new multiparty polls next year would be free and fair.

Andrews said ASEAN must ratchet up pressure on the Myanmar army to halt its violence and release all political prisoners. He said ASEAN’s five-point consensus plan should be stepped up to include clear actions and time frames.

“The five-point consensus is meaningless if it is just sitting on a piece of paper,” he said. “Its only chance of making a difference is to put it into meaningful action with a strategy, with an action plan, with a time frame.”

Andrews praised Malaysia for engaging Myanmar’s opposition National Unity Government, which was set up by elected lawmakers who were denied their seats in Parliament by the army coup. He urged other countries to do the same, calling the NUG a “legitimate entity” fighting a brutal military.

He said the NUG could also offer resources in delivering humanitarian aid to Myanmar so the junta can’t use the aid as a “weapon of war.”

The military has faced widespread opposition to its rule. After soldiers and police used deadly force to crush peaceful demonstrations, a low-level armed insurrection has emerged in both the cities and countryside.

According to Myanmar’s Assistance Association for Political Prisoners, more than 2,007 protesters and bystanders have been killed in the junta’s crackdown, though the government puts the death toll at about a third of that.

Rohingya, but voiced concern over their treatment in the country. He said refugees he spoke to in Malaysia cited fears of being sent to migration detention, insufficient education opportunities for children and instances of extortion by police.

Andrews said he was deeply worried about reports that hundreds of children, including victims of trafficking, may be held in detention facilities. The UN refugee agency has been denied access to these facilities since 2019.

On Malaysia’s plan to issue its own refugee card, Andrews said the process should be transparent. Andrews said government officials should be willing to engage in discussions and partner with the U.N. refugee agency to map out clear and consistent policies.

Malaysia’s Home Ministry said in April it should determine who can stay in the country by issuing its own cards to refugees.

Although it doesn’t grant refugee status, Malaysia houses about 180,000 refugees and asylum seekers accredited with the U.N. refugee agency, including more than 100,000 Rohingya and other Myanmar ethnic groups. Thousands more remain undocumented after arriving in the country illegally by sea.

Source: Voice of America

June 23, 2022

Student of MTK International School admitted to 8th most rated university in world

Said Nasibov, an 11th grade student of the Modern Educational Complex named in Honour of Heydar Aliyev, has been admitted to UCL (University College London), which ranks 8th place in the ranking list of world universities.

He has also received admission from the world’s top universities like Korea Advanced Institute of Technology and Science (KAIST), Nanyang Technological University, National University of Singapore, University of British Columbia, and eventually he made his choice to study at the University College London.

Our student has won a silver medal in computer science at the XVIII International Jautikov Olympiad (IZHO) in Kazakhstan in 2022, as well as bronze medals in computer science at the International Lutfi Zadeh Olympiad and the VI International Megapolis Olympiad in 2021, Singapore. He is also a bronze medalist of the International Informatics Olympiad, a gold medalist of the Republican Subject Olympiads in Informatics and SASMO International Mathematical Olympiad, and the winner of other international Olympiads.

We congratulate Said, his parents, and his hard-working teachers who had put a lot of effort into his achievements, and we wish success to all the young people who have worthily represented Azerbaijan in international tournaments and made our country popular and proud.

Source: TREND News Agency

June 23, 2022

Eighth IPU Global Conference of Young Parliamentarians Warns of Dangers of Climate Change

Global Conference of Young Parliamentarians calls for countries to enact effective legislation and prepare ‘green budgets.’ Empowering youth, supporting developing countries, and exchanging scientific expertise between countries are the most prominent recommendations of the first day of the conference.

Egypt’s Speaker of Parliament Hanafy El-Gebaly

SHARM EL-SHEIKH, Egypt, June 22, 2022 (GLOBE NEWSWIRE) — The Eighth IPU Global Conference of Young Parliamentarians was held last week in the Red Sea resort city of Sharm El Sheikh of Egypt, under the auspices of H.E. President Abdel-Fattah El-Sisi, President of the Arab Republic of Egypt. The two-day conference was held in cooperation between the Egyptian House of Representatives and the Inter-Parliamentary Union. The issue of climate change topped the conference’s agenda as the most critical crisis currently threatening the world. The conference coincides with Egypt’s preparations for hosting the 27th session of the Conference of the Parties (COP27) to the United Nations Framework Convention on Climate Change (UNFCCC) in November.

The conference tackled several critical issues, topped by climate change and its impact on human rights, the role played by parliaments in combating this dangerous phenomenon, ways of engaging civil society organizations and citizens in parliamentary action, and supporting developing countries in addressing climate change.

Speaker of the Egyptian House of Representatives Hanafy Gebaly said that the issue of climate change poses an exceptional, dangerous and multidimensional challenge, stressing that there is no higher priority than addressing this imminent threat.

Dr. Gebaly affirmed that dialogue among the youth is no longer optional, but has become an urgent need imposed by the specific and exceptional challenges facing the world.

The conference sends a clear message that there is a dire need to confront this global phenomenon at both executive and legislative levels in order to save the world from grave consequences, he said.

President of the Inter-Parliamentary Union Duarte Pacheco praised the efforts exerted by the Egyptian State to combat the hazards of climate change.

Mr. Pacheco added that the world needs to act swiftly to address the potential threats that could afflict the entire globe. He further warned that entire islands may disappear if carbon emissions and global warming persist.

The conference came up with several important recommendations, including:

Creating green budgets and parliaments.
Enacting effective legislation compatible with the Paris Agreement.
Motivating youth to engage in combating climate change.
Assisting developing countries.
Exchanging scientific expertise among countries.
Providing investments and economic resources that are compatible with environmental sustainability programs.

About the conference

The Eighth IPU Global Conference of Young Parliamentarians is held in cooperation with the Egyptian House of Representatives in Sharm El Sheikh City in the Arab Republic of Egypt. The two-day conference is attended by delegations of young parliamentarians from more than 60 countries. It discusses the most prominent global issue of climate change. The conference also aims to empower young parliamentarians and listen to their visions.

For press inquiries: press@30n.org

This content was issued through the press release distribution service at Newswire.com.

Attachment

Egypt’s Speaker of Parliament Hanafy El-Gebaly

June 23, 2022

Pharma Intelligence Unveils Its Rebrand to Citeline Following Transition to Independent Company

New brand name Citeline reflects company transformation to focus on the global future of pharmaceutical and biopharmaceutical research

LONDON and NEW YORK, June 22, 2022 (GLOBE NEWSWIRE) — Today, Pharma Intelligence, a leading provider of specialist intelligence, data and software for clinical trials, development and regulatory compliance, announces that it has rebranded to become Citeline. The rebrand follows leading global growth investor Warburg Pincus’ recent acquisition of the business from Informa PLC (LSE:INF.L), the international markets knowledge services and business intelligence group.

The rebrand to become Citeline reflects the company’s commitment to providing its world-class suite of products and services that the pharmaceutical and biotech industry has come to rely on, now as an independent and rapidly growing company. Clients, partners and other industry participants are already highly familiar with the name Citeline, as it also represents one of the company’s best-known product suites. The Citeline product suite holds the leading position in the clinical trial intelligence space, providing insights on patient enrolment and demographics, trial progress, individual trial sites and investigators for more than 375,000 clinical trials across 180 countries.

Citeline’s new mission statement reinforces the company’s laser focus on research and the role it plays in improved patient outcomes: “Every patient deserves treatment, and every treatment demands evidence. The best evidence is uncovered by the curious mind and the most searching questions.”

Ramsey Hashem, CEO, Informa Pharma Intelligence, said, “Over the next few months, Citeline will fully embrace our new identity now that the transition into an independent company is complete. We’ll continue to share more about what that looks like over the coming months, as well as the investments and growth opportunities on the horizon. Citeline has traditionally been one of the most in-demand products we offer, and we are relying on our strongest asset to usher in a new era.”

The new brand identity begins with the announcement of the company’s new name, Citeline, with more rebranding elements to be announced, including new logo, website, brand colors, purpose statements and more.

About Citeline
Citeline (formerly Pharma Intelligence) powers a full suite of complementary business intelligence offerings to meet the evolving needs of health science professionals to accelerate the connection of treatments to patients and patients to treatments. These patient-focused solutions and services deliver and analyze data used to drive clinical, commercial and regulatory related-decisions and create real-world opportunities for growth.

Our global teams of analysts, journalists and consultants keep their fingers on the pulse of the pharmaceutical, biomedical and medtech industries, covering it all with expert insights: key diseases, clinical trials, drug R&D and approvals, market forecasts and more. For more information on one of the world’s most trusted health science partners, visit Citeline.

About Warburg Pincus
Warburg Pincus LLC is a leading global growth investor. The firm has more than $80 billion in assets under management. The firm’s active portfolio of more than 245 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 21 private equity and two real estate funds, which have invested more than $103 billion in over 1,025 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai and Singapore. For more information, please visit www.warburgpincus.com. Follow us on LinkedIn.

Media Contacts
Pharma Intelligence
Blair Dawson | Vice President, Commercial Development & Launch
919-413-4616 / blair.dawson@informa.com