Author: Newsdesk

• Vehicle edge-to-cloud compute solution aims to enable new automotive industry revenue opportunities
• Sets foundation for data-driven services and enhancements that offer differentiation and cost reduction such as predictive maintenance
• Expands access to vehicle Big Data and streamlines machine learning life cycle to accelerate vehicle development and post-sale vehicle enhancements

EINDHOVEN, The Netherlands, Nov. 17, 2020 (GLOBE NEWSWIRE) — NXP Semiconductors has announced a strategic relationship with Amazon Web Services (AWS) focused on extending the opportunities of connected vehicles. The collaboration aims to deliver a secure, edge-to-cloud compute solution for next-generation vehicles that can enable new cloud-powered services to benefit carmakers, their business partners and consumers alike.

Data will fuel future vehicle innovations as the automotive industry shifts focus from horsepower to compute power. This transformation has the potential to deliver valuable vehicle insights and drive new data-driven service revenue. Expanded access to real-time, vehicle-wide data, secure connectivity to cloud services and streamlined machine learning (ML) can accelerate the shift and enable intelligent vehicles that improve over their lifetime through remote updates.

To realize the promising services of future connected vehicles, the automotive industry requires a new type of compute solution with centralized access to vehicle-wide data that can work securely and collaboratively with the cloud. The integration of AWS edge and cloud services with NXP’s new S32G vehicle network processor for service-oriented gateways addresses the challenge.

“NXP is pleased to collaborate with AWS to help our automotive customers accelerate their digital transformation initiatives by unlocking the value of vehicle data and leveraging edge-to-cloud services,” said Henri Ardevol, executive vice president and general manager of Automotive Processing at NXP Semiconductors, “We see the opportunity to help them make impactful improvements throughout vehicle life cycles with new vehicle data insights and the ability to make continuous improvements using machine learning and over-the-air updates.”

Real-time vehicle insights can drive a myriad of new use cases and services. For example, carmakers can monitor for potential component failures before a repair is needed, prevent costly warranty repairs and recalls, optimize the supply chain and improve the customer experience by minimizing service visits.

Mobility and insurance companies can leverage expanded data to create new business models and provide cost-reduction benefits to drivers according to vehicle condition and driving behavior. Carmakers can offer attractive services that leverage vehicle sensors and other data to create new user experiences and capabilities such as remote viewing inside and around the vehicle for convenience, safety and security.

The NXP S32G processor leverages AWS IoT Greengrass and AWS IoT Core for vehicle and cloud data processing and storage, as well as Amazon SageMaker and Amazon SageMaker Neo to build, train and deploy optimized ML models. Deep learning inferencing in the vehicle is supported by NXP’s ASPICE-qualified eIQ Auto toolkit. Initial S32G platforms have been qualified for AWS IoT Greengrass, and Yocto meta-layer support is available to enable automotive customer innovations today.

NXP and AWS will present a webinar to discuss the connected vehicle solution and demonstrate a Connected Electric Vehicle (EV) Management System on November 19th at 11am EST.

About NXP Semiconductors

NXP Semiconductors N.V. enables secure connections for a smarter world, advancing solutions that make lives easier, better, and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the automotive, industrial & IoT, mobile, and communication infrastructure markets. Built on more than 60 years of combined experience and expertise, the company has approximately 29,000 employees in more than 30 countries and posted revenue of $8.88 billion in 2019. Find out more at www.nxp.com.

NXP and the NXP logo are trademarks of NXP B.V. All other products or service names are the property of their respective owners. All rights reserved. © 2020 NXP B.V.

For more information, please contact:

NXP- Automotive

NXP- Corporate

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ce11fc2-f73a-414a-b4a6-d7de051564a1

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

HONG KONG, SHANGHAI, China and FLORHAM PARK, N.J., Nov. 17, 2020 (GLOBE NEWSWIRE) — Hutchison China MediTech Limited (“Chi-Med” or the “Company”) (Nasdaq/AIM: HCM) today announces that it has entered into a definitive agreement for the sale of US$100 million of shares at a price equivalent to US$30 per American Depositary Share (“ADS”) via a private placement to Canada Pension Plan Investment Board (“CPP Investments”).

Mr. Christian Hogg, Chief Executive Officer of Chi-Med, said, “We are very pleased to welcome CPP Investments as a shareholder. CPP Investments’ focus on building long-term value and its experience in healthcare investing make it an important global strategic partner to Chi-Med. We look forward to building on the partnership as we work, during the next six months, to launch both surufatinib and savolitinib in China, subject to approval, as well as submit our first U.S. NDA on surufatinib.”

Mr. Agus Tandiono, Managing Director and Head of Fundamental Equities Asia at CPP Investments, said, “This placement aligns with CPP Investments’ focus on providing strategic, long-term capital to industry leading companies where we can participate in the future success of the business and help create greater value through ongoing partnership. We look forward to supporting Chi-Med’s work on innovation in oncology treatment.”

Chi-Med will receive all proceeds from this private placement of the equivalent of 3,333,334 ADSs, which will fund ongoing research and clinical development and support the further growth of its commercialization capabilities both in China and globally.

Description of Share Capital and Securities Regulation

Chi-Med has agreed to issue 16,666,670 ordinary shares, par value US$0.10 each (the “Shares”), pursuant to the private placement. The Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of Chi-Med. Each ADS represents five Shares.

The securities to be sold in the private placement will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state or other applicable jurisdiction’s securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws. Subject to certain conditions, the Company has agreed to file a registration statement with the U.S. Securities and Exchange Commission registering the resale of the Shares sold in the private placement to facilitate future resales by CPP Investments. Any offering of the securities under the resale registration statement will only be made by means of a prospectus. CPP Investments has the right to appoint an observer and a representative director to the board of directors of the Company upon achieving certain ownership thresholds in the future.

This announcement, including any information included or incorporated by reference in this announcement, is for information purposes only and shall not constitute nor form part of, and should not be construed as, an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. No public offering of the securities referred to in this announcement is being made in the United States or elsewhere.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Admission to the London Stock Exchange AIM market and Shares Outstanding After Completion

Application will be made for the Shares to be admitted to the AIM market operated by the London Stock Exchange (“Admission”). It is expected that Admission will become effective at 8:00 a.m. GMT on November 26, 2020.

Following admission of the Shares to trading on AIM, the issued share capital of Chi-Med will consist of 727,702,215 ordinary shares of US$0.10 each, with each share carrying one right to vote and with no shares held in treasury. The figure of 727,702,215 may be used by shareholders as the denominator for the calculations by which they could determine if they are required to notify their interest in, or a change to their interest in, Chi-Med under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

For illustrative purposes only, if the 727,702,215 ordinary shares were converted in their entirety, they would be equivalent to 145,540,443 Nasdaq-traded ADSs (each equating to five ordinary shares).

About
CPP
I
nvestments

Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that invests around the world in the best interests of the more than 20 million contributors and beneficiaries of the Canada Pension Plan. In order to build diversified portfolios of assets, investments in public equities, private equities, real estate, infrastructure and fixed income are made by CPP Investments. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At September 30, 2020, the fund totalled C$456.7 billion.

About Chi-Med

Chi-Med (Nasdaq/AIM: HCM) is an innovative, commercial-stage, biopharmaceutical company committed, over the past twenty years, to the discovery and global development of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. It has a portfolio of nine cancer drug candidates currently in clinical studies around the world and extensive commercial infrastructure in its home market of China. For more information, please visit: www.chi-med.com.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Chi-Med’s current expectations regarding future events, including its expectations regarding the use of proceeds from the transaction as well as Chi-Med’s clinical development and regulatory plans for its drug candidates and Chi-Med’s overall business strategy.
Forward-looking statements involve risks and uncertainties. Such risks and uncertainties include, among other things, assumptions regarding the funding necessary for Chi-Med’s future clinical development plans, enrollment rates, timing and availability of subjects meeting a study’s inclusion and exclusion criteria, changes to clinical protocols or regulatory requirements, unexpected adverse events or safety issues, the timing and ability of Chi-Med to raise additional funding as needed for continued operations, and the impact of the COVID-19 pandemic on general economic, regulatory and political conditions. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further discussion of these and other risks, see Chi-Med’s filings with the U.S. Securities and Exchange Commission and on AIM. Chi-Med undertakes no obligation to update or revise the information contained in this announcement, whether as a result of new information, future events or circumstances or otherwise.

PETALING JAYA, Malaysia., Nov. 16, 2020 (GLOBE NEWSWIRE) — Since June 2020, Toga Limited (OTC:TOGL) has offered entertainers a venue to showcase their talent and earn income during the Covid-19 pandemic. According to a joint statement by the International Labor Office (ILO), Food and Agriculture Organization of the United Nations (FAO), International Fund for Agricultural Development (IFAD) and World Health Organization (WHO), the COVID-19 outbreak has led to nearly half of the world’s 3.3 billion global workforce becoming at risk of losing their livelihood. Among those that have been impacted by the pandemic are performers and entertainers, whose ‘live shows’ have been postponed or cancelled. Such entertainers have been left jobless and without an income.

In line with its social responsibility initiative, Toga Limited’s social messaging app, “Yippi,” offers its users a number of global exclusive online concerts. These concerts featured emerging and established talents performing live on Yippi.

These live streaming concerts, which are exclusively available to Yippi users worldwide, also enable influencers and performing artists to campaign for the day. While performing, entertainers can earn “Yipps” from their supporters and fans, through Yippi’s tipping feature, that allows a Yippi user to tip the entertainer, with the Company retaining a percentage of the revenue generated from the tips.

“Yippi is a global platform for livestream concerts and shows,” said Toga Limited’s Chief Executive Officer Mr. Michael Toh Kok Soon. “This is an excellent opportunity to engage our Yippi users, and to meet their entertainment needs. We want to help create better experiences for them while supporting performers facing financial difficulty and hardship due to the pandemic.”

“We welcome performers to use Yippi as their performance venue, and at the same time earn a living, until live entertainment venues and events are back in operation.”

From 28th November 2020, Performers will be performing their own global exclusive online concerts on Yippi.

Additionally, during November and December 2020, Yippi has introduced a new live stream event called “Sunday Gigs” where “mystery” performers will perform live from their location at 20:30 (GMT+8) every Sunday.

Contact:
Alexander D. Henderson
TOGA LIMITED, 515 S. Flower Street, 18^th Floor, Los Angeles, CA 90071
(949) 333-1603
[email protected]

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Toga Limited or its management (the “Company”) “anticipates,” “plans,” “estimates,” “expects,” or “believes,” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the Company’s guidance, outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks associated with the impact of the COVID-19 pandemic; the Company’s ability to execute on its long-term strategy; the Company’s ability to successfully compete in its intensely competitive industry; the Company’s ability to manage its growth; the Company’s ability to maintain or improve its operating margins; the Company’s ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; accounting standard changes; and other factors as set forth from time to time in the Company’s Securities and Exchange Commission filings, including, without limitation, the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company intends for these forward-looking statements to speak only as of the time of this Press Release and does not undertake to update or revise them as more information becomes available, except as required by law.

 CGG: CGG Awarded Large Offshore Malaysia Seismic Reprocessing Contracts by PTTEP

Paris,
Novem
ber
17
,
20
20

Subsurface Imaging, part of CGG’s Geoscience division, has been awarded two large-scale complex seismic reprocessing contracts by PTTEP.

PTTEP is investing in the rejuvenation of pre-existing data sets from two regions offshore Malaysia by leveraging CGG’s recognized high-end imaging technology and long-standing processing experience in SE Asia. Over the course of the next year, CGG, through its offices in Kuala Lumpur, will conduct merged reprocessing of surveys from many vintages, including towed-streamer and OBC seismic data from offshore Sabah and Sarawak. The fast-track products are expected by mid-next year and final workstation products will be delivered by the end of 2021.

PTTEP expects the resulting high-quality images will improve the definition of producing reservoirs, enable enhanced planning and drilling of future wells, and open up new plays for near-field exploration at deeper intervals. This region has a complex highly faulted subsurface where scattered gas bodies mask the target reservoir on existing data sets. To unmask the gas wipeout, remove distortions at the reservoir level and image the bounding faults, CGG will apply its latest workflow including proprietary imaging technologies, such as high-frequency full-wavefield Time-Lag FWI (HF-FWI), Q-compensating least-squares (LS-Q) Kirchhoff PSDM and LS-Q RTM, which have been fine-tuned over many similar projects in the region. These technologies will also be focused to improve imaging of the deeper exploration targets, where the objective is to improve amplitude, resolution and continuity in the mini-basins and define the steeply dipping folds underneath the main unconformity.

Sophie Zurquiyah, CEO, CGG, said: “CGG is pleased to support PTTEP, a longstanding CGG client and key player in Malaysia and the wider region, who recognizes the additional value that can be extracted from existing data sets if they are processed with our very latest imaging algorithms. CGG continues to be the industry benchmark for delivering advanced seismic imaging technology and the highest-quality service to help clients solve their complex imaging problems in order to improve production, de-risk development of existing reservoirs and identify new prospects.”

About CGG

CGG (www.cgg.com
) is a global geoscience technology leader. Employing around 4,
0
00 people worldwide, CGG provides a comprehensive range of data, products, services and equipment that supports the discovery and responsible management of the Earth’s natural resources. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).

Contacts

 Attachment

• CGG – Press Release pdf version

With a winning score of 89/100 the Company is confirmed as the Industry Leader in the Dow Jones Sustainability World and Europe Indices for the tenth consecutive year.

London, November 17, 2020

CNH Industrial (NYSE: CNHI /MI: CNHI) is the leader in the Machinery and Electrical Equipment Industry Group in the Dow Jones Sustainability Indices (DJSI), World and Europe, for the tenth consecutive year.

The DJSI World and DJSI Europe Indices are among the most prestigious sustainability-focused equity indices. Inclusion in these indices is exclusively for companies that are judged as exemplary in terms of their governance and economic, environmental and social performance. The DJSI World evaluation process invited 86 companies to participate in the Machinery and Electrical Equipment industry category, 13 of which were admitted to the index this year. For the DJSI Europe Index, 30 companies were invited to participate and 8 were admitted. All companies selected for consideration in the indices are evaluated by SAM, now a part of S&P Global.

“As responsible corporate citizens, we always bear in mind that our actions are reflected on our planet and the society, so we are proud to see that our dedication to be sustainable has once again resulted in us being named as Industry leader. This result confirms that we are on the right path, which calls for us to continue to improve, powering sustainable transformation,” commented Chair and Acting Chief Executive Officer, Suzanne Heywood.

In April of this year, CNH Industrial released its 2019 Sustainability Report along with the magazine A Sustainable Year, a publication for general audiences.

As of October 31, 2020, CNH Industrial was awarded ISS ESG Prime status, included in the 72 A-listers of the CDP Water Security program and in the following indexes: MSCI ESG Leaders Indexes¹, ECPI Global Agriculture Liquid, ECPI World ESG Equity, ECPI Global Developed ESG Best-in-Class, ECPI Euro ESG Equity, Euronext Vigeo Europe 120, STOXX Global ESG Leaders Index, STOXX Global ESG Environmental Leaders Index, STOXX Global ESG Social Leaders Index, STOXX Global ESG Governance Leaders Index, STOXX Global ESG Impact Index, STOXX, Global Low Carbon Footprint Index, STOXX Global Reported Low Carbon Index², Refinitiv Diversity & Inclusion Index, and Integrated Governance Index (IGI).

Additional information on Sustainability at CNH Industrial:


cnhindustrial.com/sustainability/

The 2019 Sustainability Report:


cnhindustrial.com/_Sustainability_Report_2019

A Sustainable Year:


cnhindustrial.com/a_sustainable_year_2020

Additional information on the DJSI:


sustainability-indices.com/

⁽¹⁾ The use by CNH Industrial of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of CNH Industrial by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
⁽²⁾ Those listed are the main global STOXX indexes in which CNH Industrial is included.

CNH Industrial


N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions.
More information can be found on the corporate website:


www.cnhindustrial.com

Sign up for corporate news alerts from the CNH Industrial Newsroom:



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Media contact:

Laura Overall    
Corporate Communications Manager
CNH Industrial              
Tel. +44 (0)2077 660 338                       
E-mail: [email protected]
www.cnhindustrial.com

Attachments

• 20201117_PR_CNH_Industrial_Dow_Jones_Leader
• CNH INDUSTRIAL N.V.