Category: Transport

  • MIL-OSI: Form 8.3 – [THRUVISION GROUP PLC- 14 02 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    THRUVISION GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    14 FEBRUARY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 23,250,000 13.3960    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 23,250,000 13.3960    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    ORDINARY 1p SALE 250,000 2.5p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 17 FEBRUARY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI Economics: Japan e-commerce payments to surpass $200 billion 2025, forecasts GlobalData

    Source: GlobalData

    Japan e-commerce payments to surpass $200 billion 2025, forecasts GlobalData

    Posted in Banking

    The e-commerce market in Japan is poised for 7.7% growth in 2025, reaching JPY29 trillion ($206.8 billion). This surge is driven by shifting consumer preferences towards online shopping and strong mobile penetration, reveals GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Japan Cards and Payments – Opportunities and Risks to 2028,” reveals that Japanese e-commerce market registered 8.4% growth in 2024 to reach JPY26.9 trillion ($191.9 billion).

    Shivani Gupta, Senior Banking and Payments Analyst at GlobalData, comments: “Japan is among the leading e-commerce markets in the Asia-Pacific region, trailing just behind China. This is supported by high mobile and online penetration, as well as a strong preference for online shopping due to its ease and time-saving benefits. Furthermore, the popularity of online shopping events such as Black Friday, Cyber Monday, and Singles’ Day has further fuelled the expansion of e-commerce.”

    To capitalize on the growth potential in the e-commerce sector, international brands are also venturing into this space. For instance, Chinese digital commerce group Alibaba launched a new cross-border e-commerce application “TAO” in October 2024 to compete with rivals such as Amazon and Rakuten.

    TAO provides a wide array of around three million products across various categories and incorporates a range of features, including dedicated customer service, reliable delivery and return policies, multiple payment options, and personalized product recommendations, tailored to Japanese customers. The platform also supports various payment methods such as PayPay, the leading digital wallet in Japan, as well as credit cards and convenience store payments.

    Payment cards remain the preferred payment method for online purchases. According to the GlobalData’s 2024 Financial Services Consumer Survey* credit cards alone accounted for over 50%. This can be attributed to the added benefits they offer, such as interest-free instalment payment options, reward programs, cashback, and discounts.

    Alternative payment solutions are the second most preferred payment method. PayPay remains the most preferred alternative payment option, with international brands such as Amazon Pay and PayPal also making their presence felt.

    Gupta concludes: “The upward trajectory of e-commerce sales is expected to persist in the coming years, driven by evolving consumer preferences, the growing popularity of online shopping festivals, and the emergence of new e-commerce companies in the market. Consequently, the e-commerce market is anticipated to increase at a CAGR of 6.1% between 2025 and 2029 to reach JPY36.7 trillion ($261.8 billion) in 2029.”

    *GlobalData’s 2024 Financial Services Consumer Survey was carried out in Q2 2024. Approximately 67,292 respondents aged 18+ were surveyed across 41 countries.

    MIL OSI Economics

  • MIL-OSI Economics: Digital health adoption in China to accelerate with rapidly evolving AI landscape, says GlobalData

    Source: GlobalData

    Digital health adoption in China to accelerate with rapidly evolving AI landscape, says GlobalData

    Posted in Medical Devices

    The artificial intelligence (AI) sector in China is undergoing swift evolution, positioning it as a key driver for the expansion of the country’s digital health market. Accordingly, the digital health market in China is forecasted to grow at a compound annual growth rate (CAGR) of approximately 30% between 2024 and 2033, according to GlobalData, a leading data and analytics company.

    GlobalData’s report, “China Digital Health Market Outlook and Forecast to 2033 – Electronic Health Records, Regulatory Approved Apps and Telehealth,” reveals that in 2024, China accounted for approximately 20% of the digital health market in the Asia-Pacific (APAC) region. The considerable market share highlights the growing investments in AI-powered solutions and their increasing implementation in the healthcare industry.

    Pratibha Thammanabhatla, Medical Devices Analyst at GlobalData, comments, “The shift towards digital health represents a substantial advancement in conventional healthcare practices. These latest solutions possess the potential to improve convenience and accessibility for patients, especially in remote and resource-constrained environments. The increasing focus on preventive care and continuous health monitoring is anticipated to catalyze widespread adoption of these models.”

    Chinese firms such as DeepSeek, Panoptic AI, Tencent, and Alibaba are substantially investing in AI technologies. In the face of intensifying competition within China’s AI industry, Baidu has announced that its artificial intelligence chatbot, Ernie Bot, featuring an enhanced search function, would be accessible free of charge starting in April of this year. Given the availability of choices, the selection of a suitable model is imperative in healthcare applications to ensure that patients benefit from enhanced disease diagnosis and personalized treatment recommendations.

    Thammanabhatla concludes: “The growing utilization of digital health applications among the Chinese consumers, combined with significant investments from both private and public sectors including the latest National AI Industry Investment Fund, is anticipated to further propel innovations in the forthcoming years. This trend also suggests the possibility of considerable investment opportunities within China’s digital health industry.”

    MIL OSI Economics

  • MIL-OSI Economics: AI-driven virtual care innovations will continue to gain traction to navigate workforce challenges, says GlobalData

    Source: GlobalData

    AI-driven virtual care innovations will continue to gain traction to navigate workforce challenges, says GlobalData

    Posted in Medical Devices

    With healthcare facilities facing staff shortages and increased patient loads, innovative AI-driven solutions are becoming a necessity. Solutions from companies like Vitalacy, Current Health, and Care.ai, are leveraging artificial intelligence (AI), sensor technology, and real-time monitoring to enhance patient safety and optimize hospital efficiency. As such, AI-driven healthcare innovations will continue to gain traction, helping providers navigate workforce challenges while delivering improved outcomes, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “AI in Healthcare: A Strategic Imperative to Enhance Efficiency and Patient Care”, reveals that approximately 30% of global data is generated in hospitals, of which a staggering 90% remains unused. The report highlights the growing reliance on AI-powered solutions to address critical healthcare challenges, including fall prevention, patient elopement, and staff burnout.

    Vitalacy’s newest AI-powered Virtual Care system is revolutionizing patient monitoring by minimizing fall hazards and easing the burden on caregivers. It leverages advanced AI, stereo cameras, and real-time monitoring to enhance patient safety.

    Kamilla Kan, Senior Data Scientist at GlobalData SKU Team, comments: “Vitalacy’s Virtual Care platform integrates AI learning with stereo camera depth perception to significantly reduce false alerts and allow timely interventions. This advanced approach enhances accuracy, making it a game-changer for patient monitoring.”

    According to GlobalData forecasts, the Remote Patient Monitoring (RPM) market will reach $760 million by 2030, up from $548.9 million in 2020 with a compound annual growth rate (CAGR) of 3.3% over the period.

    Kan continues: “As AI continues to revolutionize healthcare, virtual care solutions from companies like Vitalacy, Care.ai, and Current Health are setting new standards for efficiency, safety, and patient-centric care. These advancements reflect a broader industry trend towards automation and real-time intervention capabilities.”

    MIL OSI Economics

  • MIL-OSI Europe: MOTION FOR A RESOLUTION on the child sexual exploitation scandal in the United Kingdom – B10-0062/2025

    Source: European Parliament

    B10‑0062/2025

    Motion for a European Parliament resolution on the child sexual exploitation scandal in the United Kingdom

    The European Parliament,

     having regard to Rule 149 of its Rules of Procedure,

    A. whereas over a decade ago, thousands of young girls in England were raped, sexually exploited and trafficked by gangs of mostly Pakistani men; whereas this large-scale child sexual exploitation was facilitated by grave systemic failures within law enforcement, social services and local government;

    B. whereas the British media kept citizens ignorant of the full extent of these mass crimes; whereas social media platforms, in particular X, have recently focused public attention on this scandal;

    1. Takes note of the call of the British public for a national inquiry into this child sexual exploitation scandal;

    2. Emphasises that this child sexual exploitation scandal illustrates the danger that uncontrolled mass immigration poses for women and girls; encourages the EU Member States to launch a comprehensive debate on the link between mass migration and the rise in sex crimes and criminal networks, to follow a ‘zero tolerance approach’ and to prioritise the expulsion of foreign national child offenders;

    3. Strongly condemns the conviction of people that warn against the dangers of mass immigration.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Queens Drive flooding report published

    Source: City of Liverpool

    Last updated:

    Liverpool City Council has published a Section 19 investigation report into flooding events on Queens Drive in 2023.

    It follows an incident on 26 August 2023, in which Elaine and Philip Marco tragically died when their car became trapped in water.

    Under Section 19 of the Flood and Water Management Act 2010, the Council has a duty to investigate incidents of flooding that are considered to be ‘locally significant’.

    The report was commissioned with engineering firm Mott Macdonald as an independent party, and has now been shared with relevant parties and published.

    You can read the report here: https://liverpool.gov.uk/queensdrivereport

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: M C Mary Kom, Avani Lekhara, and Suhas Yathiraj participate in 7th episode of Pariksha Pe Charcha 2025

    Source: Government of India (2)

    Posted On: 17 FEB 2025 3:57PM by PIB Delhi

    Continuing the insightful discussions initiated by Prime Minister Shri Narendra Modi in the inaugural episode of Pariksha Pe Charcha 2025, the seventh episode aired today, featured iconic sportspersons M C Mary Kom, Avani Lekhara, and Suhas Yathiraj. They talked about goal setting, resilience, and stress management through discipline. They also shared personal anecdotes from their own lives and what they have learned from sports in their life.

    Mary Kom spoke about how she defied the popular belief that boxing is not a women’s sport, challenging societal perceptions not just for herself but for women across the country. Citing Prime Minister Shri Narendra Modi’s advice to become one’s own anchor, she reflected on her 20-year journey as a daughter, wife, and mother. She also stressed the importance of hard work, emphasizing that dedication and perseverance are the true drivers of success.

     

     

    Suhas Yathiraj encouraged students to harness the power of the mind to overcome negative emotions like fear, which he identified as a major obstacle to success. He emphasized that overcoming fear is the only way to perform naturally and excel. Quoting, “To shine like the Sun, one must be ready to burn like the Sun,” he urged students to embrace challenges with resilience and determination. He also introduced them to music therapy to channel positive energy and highlighted the importance of mindful thinking, as thoughts shape one’s destiny.

    Avani Lekhara underscored the significance of skill development, explaining how acquiring the right skills builds confidence and reduces fear. Drawing parallels from sports, she stressed the importance of rest and recovery in studies, advocating for adequate sleep before examinations to ensure peak performance. She also guided students through an activity to boost confidence.

    During the session, students raised questions on topics such as convincing parents about career choices, developing the courage to face challenges, and staying focused. Students from Dubai and Qatar also participated, sharing their queries with the guests.

    All the guests unanimously emphasized that hard work is the key to success and that nothing can be achieved through shortcuts.

    To ensure comprehensive development, distinguished personalities from various fields—including sports icons, technical experts, toppers of competitive exams, entertainment industry professionals, and spiritual leaders—are enriching students with insights beyond textbooks. With three more episodes already aired, each session continues to provide students with essential tools and strategies to excel academically and personally. After the show the students reflected and shared their learning from the session.

    The eighth edition of Pariksha Pe Charcha (PPC) 2025, in its revamped and interactive format, has been receiving widespread appreciation from students, teachers, and parents across the nation. Breaking away from the traditional Town Hall format, this year’s edition commenced with an engaging session featuring Prime Minister Shri Narendra Modi at the scenic Sunder Nursery, New Delhi, on 10th February 2025.

    In the inaugural episode, the Prime Minister interacted with 36 students from across the country, discussing insightful topics such as Nutrition and Wellness, Mastering Pressure, Challenging Oneself, The Art of Leadership, Beyond Books – 360º Growth, Finding Positives, and more. His valuable guidance offered students practical strategies to tackle academic challenges with confidence while fostering a growth mindset and holistic learning.

    As Pariksha Pe Charcha 2025 continues to unfold, it remains a beacon of inspiration for students, equipping them with confidence and resilience to face academic and life challenges with a positive mindset.

    Link to watch the 1st episode: https://www.youtube.com/watch?v=G5UhdwmEEls

    Link to watch the 2nd episode: https://www.youtube.com/watch?v=DrW4c_ttmew

    Link to watch the 3rd episode: https://www.youtube.com/watch?v=wgMzmDYShXw

    Link to watch the 4thepisode: https://www.youtube.com/watch?v=3CfR4-5v5mk

    Link to watch the 5thepisode: https://www.youtube.com/watch?v=3GD_SrxsAx8

    Link to watch the 6thepisode: https://www.youtube.com/watch?v=uhI6UbZJgEQ

    Link to watch the 7thepisode: https://www.youtube.com/watch?v=y9Zg7B_o8So

    *****

    MV/AK

    MOE/PPC/17 February 2025/11

    (Release ID: 2104072) Visitor Counter : 64

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: DCS chairs seventh meeting of Task Force on District Governance

    Source: Hong Kong Government special administrative region

         The Deputy Chief Secretary for Administration, Mr Cheuk Wing-hing, chaired the seventh meeting of the Task Force on District Governance today (February 17) to follow up on the initiatives endorsed by the Steering Committee on District Governance. The meeting co-ordinated various departments in formulating specific implementation measures on issues of local concern and continuously reviewed the work progress and performance.
     
         Mr Cheuk said, “The Task Force will continue to adhere fully to the overall strategies set by the Steering Committee and actively respond to community concerns about district issues by taking practical actions to improve the living environment, and to enhance people’s quality of life through cumulative results achieved, for building a better community together.”
     
         The Steering Committee chaired by the Chief Secretary for Administration formulated at its fourth meeting strategies on four more district issues to further enhance the community environment and facilities. The Task Force followed up at this meeting the implementation details and the progress of the relevant items, including:
     
    1. Improving the waiting environment at public transport interchange to enhance travel experience 

    The Transport Department, in collaboration with the Highways Department (HyD), the Architectural Services Department (ArchSD), and the Electrical and Mechanical Services Department, has selected a covered public transport interchange in each of the 18 districts for enhancement works. These include upgrading the lighting, improving the ventilation system, refurbishing the walls and ceilings to provide a more comfortable waiting environment for passengers. These works have commenced this year with 11 for completion in 2025 and the remaining in 2026.

    2. Combating air-conditioner water dripping to improve community environment 

    The Food and Environmental Hygiene Department (FEHD) will strengthen inspections and enforcement actions against about 30 air-conditioner dripping blackspots from May to September this summer. The FEHD will also launch a publicity and public education campaign to appeal to residents to address the issue of air conditioners dripping water, in order to avoid affecting environmental hygiene in public places and causing a nuisance to citizens.

    3. Cleaning pedestrian walkways to improve cityscape 

    Starting in February this year, the FEHD has deployed mini street-washing vehicles equipped with pressure washer surface cleaners and high-pressure hot water cleaners at about 80 blackspots across the territory on a regular basis to step up street scrubbing and remove stains or moss, with a view to continuously improving the walking environment and enhancing the cityscape.

    4. Strengthening thematic plantings 

    The Development Bureau, along with the Leisure and Cultural Services Department, the HyD, the ArchSD, the Civil Engineering and Development Department and the Housing Department, will enhance thematic planting in selected development projects and venues, such as planting species with conspicuous flowers or thematically planting a single type of tree or shrub across a district to create impact, thereby beautifying the cityscape.

         In addition to the four district issues above, the Task Force also followed up on the performance of the 1823 Enhanced Complaint Handling Mechanism and received reports from relevant departments on their work progress regarding the eight key issues identified at the first three meetings of the Steering Committee, including (1) expanding after-school care services and enhancing support for parents; (2) caring for the elderly and enhancing community support; (3) fostering clean markets and mobilising the community to participate in anti-rodent work; (4) enhancing public order and combating crimes on all fronts; (5) improving pedestrian facilities and ensuring road safety; (6) enhancing the community environment and strengthening local characteristics; (7) improving the environment of public housing estates and creating comfortable homes; and (8) caring for the elderly and promoting digital inclusion. Mr Cheuk urged all departments to continue advancing these initiatives and enhancing district governance efficacy, so that the Government can deliver district services more effectively, leading to a more comfortable and better life for citizens.

         Moreover, Mr Cheuk thanked the departments for their efforts over the past two years in implementing the directives of the Steering Committee and the Task Force, which has brought significant achievements in combating hygiene blackspots for the benefit of the public. He added, “We should not permanently classify places that have seen long-term environmental improvements as blackspots. Relevant departments should critically review the situation of all 738 hygiene blackspots and continue to actively follow up on those requiring improvement while identifying others that are suitable for removal from the blacklist. If the conditions of a blackspot have not recurred after improving for two years, it should be removed from the blackspot list. The hygiene blackspot website will be updated in the first quarter this year to reflect the actual situation.”

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Hong Kong Customs seizes suspected counterfeit goods worth about $5.8 million (with photo)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs seizes suspected counterfeit goods worth about $5.8 million (with photo)
    Hong Kong Customs seizes suspected counterfeit goods worth about $5.8 million (with photo)
    ******************************************************************************************

         ​Hong Kong Customs on January 28 conducted an operation against counterfeiting activities in Yuen Long and seized about 11 000 suspected counterfeit items, including scarves and clothing, with an estimated market value of about $5.8 million.      Acting upon intelligence, Customs officers on that day inspected three batches of temporarily stored goods in two logistics warehouses in Yuen Long, uncovering the batch of suspected counterfeit goods.      The case is still under investigation. The likelihood of arrests is not ruled out.     Customs will continue to step up inspections and conduct intelligence-led enforcement to vigorously combat counterfeit and infringing goods activities at different levels.     Under the Trade Descriptions Ordinance, any person who imports or exports any goods to which a forged trademark is applied commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years.     Members of the public may report any suspected counterfeiting or infringing activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

     
    Ends/Monday, February 17, 2025Issued at HKT 16:45

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Credit card lending survey results for fourth quarter 2024

    Source: Hong Kong Government special administrative region

    Credit card lending survey results for fourth quarter 2024
    Credit card lending survey results for fourth quarter 2024
    **********************************************************

    The following is issued on behalf of the Hong Kong Monetary Authority:     The Hong Kong Monetary Authority published today (February 17) the credit card lending survey results for the fourth quarter of 2024.                     Total card receivables increased by 7.9 per cent in the fourth quarter to HK$162.2 billion at end-December 2024, mainly driven by festive spending and salaries tax payment.                     The combined delinquent and rescheduled ratio remained unchanged at 0.40 per cent at end-December 2024. The quarterly charge-off ratio was 0.57 per cent, compared with 0.58 per cent in the previous quarter.

     
    Ends/Monday, February 17, 2025Issued at HKT 16:30

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Matsya-6000: India’s Fourth-Generation Deep-Ocean Submersible successfully Completes Wet Testing

    Source: Government of India (2)

    Matsya-6000: India’s Fourth-Generation Deep-Ocean Submersible successfully Completes Wet Testing

    500-Meter Depth Demonstration by end of 2025

    Posted On: 17 FEB 2025 2:04PM by PIB Delhi

    Under the Government of India’s Deep Ocean Mission initiatives, the Ministry of Earth Sciences has entrusted the National Institute of Ocean Technology with the ambitious task of designing and developing the 4th Generation deep-ocean human scientific submersible named “Matsya-6000,” as part of the Samudrayan Project. This cutting-edge submersible is engineered to accommodate three humans within its compact 2.1-meter diameter spherical hull, marking a significant milestone in India’s ocean exploration capabilities.

    Following the completion of the design phase, various subsystems vital to Matsya-6000’s functionality were identified and developed.  The submersible features a comprehensive array of components:  a main ballast system for diving, thrusters for movement in all three directions, a battery bank for power supply, and syntactic foam for buoyancy. It also includes a sophisticated power distribution network, cutting edge control hardware and software, along with advanced underwater navigation devices. Communication systems include an acoustic modem, underwater telephone, and VHF for surface communication, supplemented by underwater acoustic positioning and GPS for precise surface location tracking.

    Inside the spherical hull, careful attention has been given to the integration of human life-support systems, displays of various environmental/critical parameters, navigation joysticks for manoeuvrability, as well as various oceanographic sensors, underwater lighting and cameras outside the hull. All these subsystems have been indigenously designed and are currently undergoing thorough integration and qualification testing.

    To ensure a seamless integration of all systems within its exo-structure, the Matsya underwent a comprehensive series of integrated dry tests over a 500-meter operational range. Following the successful completion of these tests, Matsya was transported to the L&T Shipbuilding facility located at Kattupalli Port, near Chennai during 27 Jan to 12 Feb, 2025 for conducting wet tests and demonstrating the submersible functionality.

    The tests aimed to meticulously assess Matsya’s performance across several critical parameters. Evaluations focused on the robustness of power and control networks, floatation and stability of the vehicle, human support and safety systems, and maneuverability within limited degrees of freedom, specifically forward and reverse motion. Additionally, navigation and communication capabilities were scrutinized. The scientific payloads, which included multiple sophisticated oceanographic sensors, were thoroughly tested and demonstrated to confirm their intended functionality. This demonstration phase featured eight dives in total, comprising five unmanned dives and five manned dives. Each manned dive was rigorously qualified, ensuring the reliability of the life support system.

    Due to the restricted water depth in the harbour, underwater voice communication was less effective, highlighting the necessity for further testing at greater depths to enhance confidence in shallow-water operations. In certain areas, additional efforts are needed to achieve optimal performance and completeness. Nevertheless, the successful wet test of the Matsya6000 at the harbour bolstered confidence for conducting shallow-water demonstrations at depths reaching up to 500 meters by the end of 2025.

    1. Unmanned, without buoyancy module
    2. Unmanned, with buoyancy module
    3. 3 human inside the submersible, Manned with buoyancy module
    4. Matysa team

     

    ****

    NKR/PSM

    (Release ID: 2104039) Visitor Counter : 20

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: February 2025 issue of “Hong Kong Monthly Digest of Statistics” now available

    Source: Hong Kong Government special administrative region

    February 2025 issue of “Hong Kong Monthly Digest of Statistics” now available
    February 2025 issue of “Hong Kong Monthly Digest of Statistics” now available
    ***************************************************************************************

         The Census and Statistics Department (C&SD) published today (February 17) the February 2025 issue of the “Hong Kong Monthly Digest of Statistics” (HKMDS).      Apart from providing up-to-date statistics, this issue also contains a feature article entitled “Road Traffic Accident Statistics in Hong Kong, 2014 to 2023”. Statistics presented in the “Road Traffic Accident Statistics in Hong Kong, 2014 to 2023” article are based on the data source from the Statistics Section of the Transport Department. “Road Traffic Accident Statistics in Hong Kong, 2014 to 2023”      There were 17 189 road traffic accidents in Hong Kong in 2023, involving 22 269 casualties and 28 808 vehicles. This feature article analyses the road traffic accidents and the characteristics of casualties and vehicles involved in these accidents from 2014 to 2023.      For enquiries about this feature article, please contact the Statistics Section of the Transport Department (Tel: 3842 6067; email: rssd@td.gov.hk).      Published in bilingual form, the HKMDS is a compact volume of official statistics containing about 130 tables. It collects up-to-date statistical series on various aspects of the social and economic situation of Hong Kong. Topics include population; labour; external trade; National Income and Balance of Payments; prices; business performance; energy; housing and property; government accounts, finance and insurance; and transport, communications and tourism. For selected key statistical items, over 20 charts depicting the annual trend in the past decade and quarterly or monthly trend in the recent two years are also available. Users can download the Digest at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1010002&scode=460).      Enquiries about the contents of the Digest can be directed to the Statistical Information Dissemination Section (1) of the C&SD (Tel: 2582 4738; email: gen-enquiry@censtatd.gov.hk).

     
    Ends/Monday, February 17, 2025Issued at HKT 16:30

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Fake recruitment drive by ‘National Rural Development & Recreation Mission (NRDRM)’-in the name of Ministry of Rural Development

    Source: Government of India

    Posted On: 17 FEB 2025 4:32PM by PIB Delhi

    The Ministry of Rural Development wishes to draw attention of the general public to fraudulent advertisements by an organization purportedly carrying out recruitment in the name of the Ministry. The National Rural Development & Recreation Mission-NRDRM claiming to have its office at Dr. Rajendra Prasad Road, New Delhi, 110001 and websites viz-a-viz. www.nrdrm.com(http://www.nrdrm.com) and www.nrdrmvacancy.com (http://www.nrdrmvacancy.com), does not work under the purview of Ministry of Rural Development (MoRD), Government of India, as claimed.

    General public at large is hereby warned that any recruitment activities undertaken by National Rural Development & Recreation Mission-NRDRM perpetrated purportedly in the name of this Ministry, and/or its officials may be considered fraudulent and do not have any endorsement.

    The MoRD does not charge any fee at any stage of its recruitment process or other fee, or request information on applicants’ bank accounts. Also, information on recruitment in this department are suitably posted on its official website i.e. rural.gov.in.

    ******

    MG/RN

    (Release ID: 2104089) Visitor Counter : 25

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Three more arrested in connection with murder and wounding case in Yuen Long

    Source: Hong Kong Government special administrative region

    In connection with a murder and wounding case happened in Yuen Long on January 22, Police further arrested one 18-year-old man and 25-year-old man for murder, wounding and trafficking in dangerous drug; and one 26-year-old man for trafficking in dangerous drug and assisting offenders in Castle Peak on February 15.
    In the murder and wounding case, a 24-year-old man died and a 28-year-old man was injured.

    The 18-year-old man and 25-year-old man were laid holding charges with one count of murder, one count of wounding and one count of trafficking in dangerous drug respectively; while the 26-year-old man was laid holding charges with one count of trafficking in dangerous drug and one count of assisting offenders. The case will be mentioned at Fanling Magistrate’s Courts in tomorrow morning (February 18).

    Police arrested another eight men and two women, aged between 19 to 31, in suspected connection with the case earlier, for offenses such as murder, wounding and assisting offenders.

    For the four men who had been charged earlier, the case was mentioned at Tuen Mun Magistrates’ Courts and Fanling Magistrates’ Courts on January 25 and 27 respectively. The other four men and two women were released on bail and are required to report back to Police in late February and early March.

    Active investigation by the Regional Crime Unit of New Territories North is under way. Anyone who witnessed the case or has any information to offer is urged to contact the investigating officers on 3661 3356.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: APEDA Facilitates First-Ever Sea Shipments of Indian Pomegranates to Australia

    Source: Government of India

    Posted On: 17 FEB 2025 12:42PM by PIB Delhi

    In a significant milestone for India’s agricultural exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) in collaboration with AgroStar and Kay Bee Exports successfully completed India’s first-ever commercial trial shipments of premium Sangola and Bhagwa pomegranates respectively to Australia via sea. This marks a major breakthrough in expanding market access for Indian fresh produce.

    After getting the market access for export of Indian pomegranates to Australia, a work plan and Standard Operating Procedures (SOP) for the export of pomegranates to Australia were signed in February 2024.  The first air shipment took place in July 2024, following the successful market access facilitation by APEDA and National Plant Protection Organization (NPPO). The air shipment helped assess market demand, which led to follow-up sea shipments to optimize cost efficiency.

    The first-ever sea-freight shipment departed from India on December 6, 2024 and arrived in Sydney on January 13, 2025 with 5.7 metric tons (MT) of pomegranates sourced from the Solapur region of Maharashtra, packed into 1,900 boxes, each containing 3 kg of premium fruit. Another commercial sea shipment carrying 1,872 boxes (6.56 tons) of Bhagwa variety arrived in Brisbane, Australia, on January 6, 2025. The use of bulk sea shipment ensured competitive pricing, benefiting farmers and creating sustainable trade opportunities. Both shipments were integrated into ANARNET, India’s traceability system, ensuring transparency and building consumer confidence in international markets. This successful export not only underscores India’s capabilities in meeting global quality standards but also provides a significant boost to Indian farmers by opening up new revenue streams.

    Upon arrival, the pomegranates received an overwhelmingly positive response in Sydney, Brisbane and Melbourne. The strong demand has already led to immediate requests for additional shipments, showcasing the growing potential for a profitable and sustainable trade relationship between India and Australia. The shipment’s timing was strategically aligned with Australia’s non-producing season, maximizing market opportunities for Indian exporters.

    Mr. Abhishek Dev, Chairman APEDA, emphasised “India’s agricultural export landscape is growing at an unprecedented pace, with fresh fruit exports surging by 29% year-on-year. Pomegranates alone have seen a 20% growth, demonstrating the immense potential of this segment. The successful shipments of premium pomegranates to Australia marks India’s ability to supply high-quality fresh produce to discerning international markets. Through advanced traceability systems like ANARNET, we ensure that Indian agricultural products meet the highest global standards, enhancing consumer trust worldwide.”

    Mr. Abhishek Dev also emphasized APEDA’s role in securing and facilitating market access for Indian farmers, stating, “We are committed to supporting Indian farmers and agri-entrepreneurs by expanding into new and emerging markets. This success story paves the way for further collaborations and increased export volumes in the future.”

    With the next export season beginning in September, AgroStar’s INI Farms, Kay Bee Exports and other key players are poised to build on this success, ensuring a steady supply of Indian pomegranates to Australia. This development reaffirms India’s position as a global leader in agricultural exports and strengthens bilateral trade ties with Australia.

    APEDA is a statutory body under the Ministry of Commerce and Industry, Government of India which plays a crucial role in facilitating agricultural and processed food exports. APEDA supports Indian farmers and agri-businesses by promoting market development, infrastructure expansion and export promotion through traceability systems like ANARNET. India’s agricultural exports, including fresh fruits, vegetables, basmati rice and processed foods, continue to see robust growth, reinforcing the country’s position in the global agri-trade sector.

    ***

    Abhishek Dayal/ Abhijith Narayanan

    (Release ID: 2104015) Visitor Counter : 99

    MIL OSI Asia Pacific News

  • MIL-OSI: Two Enlight Facilities Win Bids in the Israel Electricity Authority’s Energy Storage Tender and the Company Expects to Construct Total Storage Capacity in the Range of 1,300 to 1,900 MWh

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, Feb. 17, 2025 (GLOBE NEWSWIRE) — Enlight Renewable Energy (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announced today that two of the Company’s energy storage facilities have won bids in the Israel Electricity Authority’s first availability tariff tender process. The two sites, Neot Smadar and Ohad, are located in the south of Israel and have a combined grid connection capacity of 300 MW AC.

    According to the tender’s terms, after supplying power at the availability tariff rate for five years, the Company may transition to selling electricity into the deregulated market as well as increase the facilities’ storage capacity. Securing a grid connection of 300 MW AC will allow Enlight to build projects with a total storage capacity of 1,300 MWh, potentially rising to 1,900 MWh following the transition into the deregulated market. According to the tender’s terms, the projects are expected to reach commercial operation by 2028.

    The combined construction cost of the two facilities is expected to range between $210-250 million, depending on the ultimate amount of capacity the Company decides to build. The projects are expected to generate combined average annual revenues of $75-85 million and combined average annual EBITDA of $37-42 million over the full life of the projects.

    Enlight has approximately 8 GWh of Mature1 storage projects that are expected to enter into operations by 2027. In addition, the Company has a portfolio of energy storage assets in various stages of development totaling approximately 25 GWh, of which about 6 GWh are located in Israel. The two sites selected in the tender represent 20% of the total capacity awarded through the bidding process, further solidifying Enlight’s leadership of Israel’s energy storage market as the only company with significant presence in both medium-voltage and high-voltage storage sectors.

    Gilad Peled, CEO of Enlight MENA commented, “Enlight is proud to lead the energy storage revolution in Israel with a significant double win, representing 20% of the total capacity in the Israel Electricity Authority’s tender. Our success underscores Enlight’s leadership of the storage sector, and these projects will join the Israel Solar and Storage cluster that is already in operation. The massive investment in constructing these facilities in the south of Israel will contribute to greater energy security and create numerous jobs. Our advanced storage facilities in Neot Smadar and Ohad are part of Enlight’s broader vision to lead the transition to renewable energy production in Israel. We are proud to be part of this historic trend, accelerating the shift to clean energy, enhancing competition, and reducing electricity prices for Israel’s citizens.”

    1 Mature projects are defined as currently operating, under construction, and pre-construction (with construction start within a 0-12 month timeframe).

    About Enlight Renewable Energy

    Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects. Enlight operates across the three largest renewable segments today: solar, wind and energy storage. A global platform, Enlight operates in the United States, Israel and 10 European countries. Enlight has been traded on the Tel Aviv Stock Exchange since 2010 (TASE: ENLT) and completed its U.S. IPO (Nasdaq: ENLT) in 2023. Learn more at www.enlightenergy.co.il.

    Contacts:

    Yonah Weisz
    Director IR
    investors@enlightenergy.co.il

    Erica Mannion or Mike Funari
    Sapphire Investor Relations, LLC
    +1 617 542 6180
    investors@enlightenergy.co.il

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding the Company’s expectations relating to the Project, the PPA and the related interconnection agreement and lease option, and the completion timeline for the Project, are forward-looking statements. The words “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “target,” “seek,” “believe,” “estimate,” “predict,” “potential,” “continue,” “contemplate,” “possible,” “forecasts,” “aims” or the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: our ability to site suitable land for, and otherwise source, renewable energy projects and to successfully develop and convert them into Operational Projects; availability of, and access to, interconnection facilities and transmission systems; our ability to obtain and maintain governmental and other regulatory approvals and permits, including environmental approvals and permits; construction delays, operational delays and supply chain disruptions leading to increased cost of materials required for the construction of our projects, as well as cost overruns and delays related to disputes with contractors; our suppliers’ ability and willingness to perform both existing and future obligations; competition from traditional and renewable energy companies in developing renewable energy projects; potential slowed demand for renewable energy projects and our ability to enter into new offtake contracts on acceptable terms and prices as current offtake contracts expire; offtakers’ ability to terminate contracts or seek other remedies resulting from failure of our projects to meet development, operational or performance benchmarks; various technical and operational challenges leading to unplanned outages, reduced output, interconnection or termination issues; the dependence of our production and revenue on suitable meteorological and environmental conditions, and our ability to accurately predict such conditions; our ability to enforce warranties provided by our counterparties in the event that our projects do not perform as expected; government curtailment, energy price caps and other government actions that restrict or reduce the profitability of renewable energy production; electricity price volatility, unusual weather conditions (including the effects of climate change, could adversely affect wind and solar conditions), catastrophic weather-related or other damage to facilities, unscheduled generation outages, maintenance or repairs, unanticipated changes to availability due to higher demand, shortages, transportation problems or other developments, environmental incidents, or electric transmission system constraints and the possibility that we may not have adequate insurance to cover losses as a result of such hazards; our dependence on certain operational projects for a substantial portion of our cash flows; our ability to continue to grow our portfolio of projects through successful acquisitions; changes and advances in technology that impair or eliminate the competitive advantage of our projects or upsets the expectations underlying investments in our technologies; our ability to effectively anticipate and manage cost inflation, interest rate risk, currency exchange fluctuations and other macroeconomic conditions that impact our business; our ability to retain and attract key personnel; our ability to manage legal and regulatory compliance and litigation risk across our global corporate structure; our ability to protect our business from, and manage the impact of, cyber-attacks, disruptions and security incidents, as well as acts of terrorism or war; the potential impact of the current conflicts in Israel on our operations and financial condition and Company actions designed to mitigate such impact; changes to existing renewable energy industry policies and regulations that present technical, regulatory and economic barriers to renewable energy projects; the reduction, elimination or expiration of government incentives for, or regulations mandating the use of, renewable energy; our ability to effectively manage our supply chain and comply with applicable regulations with respect to international trade relations, tariffs, sanctions, export controls and anti-bribery and anti-corruption laws; our ability to effectively comply with Environmental Health and Safety and other laws and regulations and receive and maintain all necessary licenses, permits and authorizations; our performance of various obligations under the terms of our indebtedness (and the indebtedness of our subsidiaries that we guarantee) and our ability to continue to secure project financing on attractive terms for our projects; limitations on our management rights and operational flexibility due to our use of tax equity arrangements; potential claims and disagreements with partners, investors and other counterparties that could reduce our right to cash flows generated by our projects; our ability to comply with tax laws of various jurisdictions in which we currently operate as well as the tax laws in jurisdictions in which we intend to operate in the future; the unknown effect of the dual listing of our ordinary shares on the price of our ordinary shares; various risks related to our incorporation and location in Israel; the costs and requirements of being a public company, including the diversion of management’s attention with respect to such requirements; certain provisions in our Articles of Association and certain applicable regulations that may delay or prevent a change of control; and other risk factors set forth in the section titled “Risk factors” in our Annual Report on Form 20-F for the fiscal year ended December 31, 2023, filed with the Securities and Exchange Commission (the “SEC”) and our other documents filed with or furnished to the SEC.

    These statements reflect management’s current expectations regarding future events and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as may be required by applicable law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

    The MIL Network

  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 14 02 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    LEARNING TECHNOLOGIES GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    14 FEBRUARY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.375p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 9,454,706 1.1930    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 9,454,706 1.1930    

    NOTE: On 14/02/2025 5,062 shares were transferred in by a discretionary client.

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.375p ORDINARY SALE 2,400 99.1p
    0.375p ORDINARY SALE 42,720 99.152p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 17 FEBRUARY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI Africa: Islamic Finance Expands Africa’s Energy Investment Landscape, Strengthening Arab-African Cooperation

    Source: Africa Press Organisation – English (2) – Report:

    PARIS, France, February 17, 2025/APO Group/ —

    Africa’s energy sector is seeing growing interest from Islamic financial institutions, as demonstrated by the recent $400 million Murabaha financing secured by Africa Finance Corporation (AFC). This transaction not only underscores the growing role of Islamic finance in Africa’s infrastructure development, but also highlights significant opportunities for deeper financial cooperation between Arab and African nations in the energy sector.

    The strong demand for AFC’s facility, which attracted 11 Islamic financial institutions – including Abu Dhabi Islamic Bank, Al Rajhi Bank and Emirates Islamic Bank – signals growing appetite among Middle Eastern banks to engage in Africa’s development. The facility, upsized from an initial $300 million due to high investor interest, reinforces AFC’s strategy to diversify its funding base and aligns with broader efforts to expand energy investment partnerships between Arab and African countries.

    Islamic finance is emerging as a key source of funding for Africa’s energy sector, particularly for large-scale infrastructure projects. The Murabaha financing structure used in AFC’s deal aligns with Sharia principles, offering an attractive and ethical investment vehicle for Middle Eastern and North African financial institutions seeking exposure to African markets. This move complements AFC’s recent $500 million hybrid bond issuance and the corporation’s ongoing efforts to attract diverse capital sources, including potential Panda bonds in China.

    Opportunities for Arab Investment in Africa’s Energy Future

    The increasing participation of Islamic banks and financial institutions presents a strategic opportunity for Middle Eastern nations to play a larger role in Africa’s energy transition. Countries such as the UAE, Saudi Arabia and Qatar have well-capitalized financial institutions and sovereign wealth funds that can accelerate Africa’s energy infrastructure expansion, particularly in natural gas, renewables and power generation.

    Arab nations already have a growing footprint in Africa’s energy sector. The UAE’s Masdar has been investing in renewable projects across North and sub-Saharan Africa – committing $10 billion to deliver 10 GW of clean energy capacity in Africa by 2030 – while Saudi Arabia’s ACWA Power has been involved in developing solar and desalination projects across the continent. QatarEnergy has been actively advancing hydrocarbon exploration in Africa, expanding its interests in Namibia’s offshore Orange Basin, while ADNOC has strengthened its footprint by acquiring a 10% stake in the Area 4 concession of Mozambique’s Rovuma Basin. However, there remains significant untapped potential for Arab-African cooperation, particularly in financing LNG terminals, gas-to-power projects and oil and gas exploration. Countries like Egypt, Algeria and Libya, which straddle both regions, can serve as financial and logistical bridges between Middle Eastern investors and African energy markets.

    The Role of Energy-Focused Islamic Finance

    The AFC’s Murabaha financing comes at a time when global Islamic finance is experiencing sustained growth, with assets expected to see high single-digit expansion through 2025, according to S&P Global Ratings. This growth is supported by strong balance sheets, high profitability and increasing regulatory backing. The surge in Islamic finance presents a timely opportunity for African energy projects, which require significant capital investment to meet the continent’s growing energy demand.

    One of the major advantages of Islamic finance is its alignment with sustainable investment principles, making it particularly attractive for funding Africa’s energy transition. In addition to AFC’s investment in renewable energy ventures such as Xlinks’ renewable energy initiative and the expansion of Lekela Power’s 3 GW capacity target, Islamic financial institutions could extend their involvement to Africa’s gas sector, which is viewed as a transitional fuel to bridge the energy gap.

    Strengthening Arab-African Partnerships at IAE 2025

    The increasing role of Middle Eastern finance in Africa’s energy sector will be a critical focus at the upcoming Invest in African Energy (IAE) Forum in Paris this May.  Serving as the premier African energy project showcase outside of the continent, IAE 2025 provides a space for African governments, investors and key financial players from the Middle East to explore new partnerships and drive investment in gas, LNG and broader energy infrastructure projects. By tapping into Islamic finance, African countries can secure critical capital to accelerate its energy development. At the same time, Arab nations stand to benefit from deeper economic integration with Africa, gaining access to new markets and resources. The AFC’s successful Murabaha financing serves as a strong indicator that the time is ripe for greater energy sector collaboration between Africa and the Middle East.

    IAE 2025 (http://apo-opa.co/4hC0kAA) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

    MIL OSI Africa

  • MIL-OSI Europe: Highlights – ENVI debate on European Water Resilience Strategy draft report – Committee on the Environment, Climate and Food Safety

    Source: European Parliament

    Hand watering young plants © Image used under the license from Adobe Stock

    On 18 February, ENVI Members will debate the draft report on the European Water Resilience Strategy, with Rapporteur Thomas Bajada (S&D), in the context of increasing water scarcity and the need for sustainable water management in the EU.

    The European Commission has announced a European Water Resilience Strategy for the second quarter of 2025, aiming to improve water management, increase efficiency, and promote sustainable use. This follows the Parliament’s previous initiatives, including the recent public hearing on a Water Resilience Strategy. ENVI is actively involved in shaping the strategy through its own-initiative report, led by Rapporteur Thomas Bajada, which focuses on six key pillars: water efficiency, pollution mitigation, climate adaptation, funding, digitalisation and innovation, and cross-border cooperation. The deadline for amendments to the draft is 20 February, with a vote in ENVI scheduled for 8 April before adoption in the May plenary.

    MIL OSI Europe News

  • MIL-OSI Europe: Highlights – Report on vehicle design and end-of-life management – Committee on the Environment, Climate and Food Safety

    Source: European Parliament

    On 17 February, in a joint ENVI-IMCO committee meeting, the Members will consider a draft report on circularity requirements for vehicle design and on management of end-of-life vehicles.

    On 13 July 2023 the Commission proposed a Regulation on Circularity requirements for vehicle design, to facilitate the sector’s transition to zero-emission vehicles.

    The report consisting of 210 amendments, proposes to improve the clarity and consistency of the proposal, remove unnecessary administrative burden for economic operators while maintaining achievable ambition and improving harmonization objectives. A key priority is to ensure that the valuable raw materials contained in end-of-life vehicles, such as steel, aluminium, copper, and plastics, are retained and recycled within Europe. The report supports realistic targets and it advises to review the feasibility of the plastic targets according to an impact assessment based on technology, availability and quality of recycled plastic. It also proposes to limit unnecessary reporting obligations; to better align the proposal with other legislation to ensure a coherent global approach and to facilitate cross-border trade compliance.

    MIL OSI Europe News

  • MIL-OSI Europe: Highlights – Discharges of the European Commission and Agencies – Committee on the Environment, Climate and Food Safety

    Source: European Parliament

    Discharge of the European Commission and Agencies © Image used under license from Adobe Stock

    On 18 February, ENVI Members will adopt two draft opinions under the discharge procedure.

    The discharges are decisions which reflect the conclusions of the European Parliament on the way the Commission and other bodies and institutions, have carried out their task of implementation of the EU budget. In this case, the discharges concern not only the European Commission’s expenditure in the areas of environmental and climate policy, public health and food safety for the financial year 2023; but also the budget of the five European Agencies under ENVI’s responsibility (the European Centre for Disease Prevention and Control, the European Chemicals Agency, the European Environment Agency, the European Food Safety Authority, and the European Medicines Agency).
    The discharge procedure is a process of parliamentary scrutiny aimed at ensuring that the Commission’s and the Agencies’ implementation of the budget complied with the relevant legal and regulatory framework requirements, and use in accordance the principle of sound financial management.

    MIL OSI Europe News

  • MIL-OSI Russia: Dmitry Patrushev and the head of the Republic of Buryatia Alexey Tsydenov discussed the preservation of Lake Baikal

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Previous news Next news

    Dmitry Patrushev held a working meeting with the head of the Republic of Buryatia Alexey Tsydenov

    Deputy Prime Minister Dmitry Patrushev held a working meeting with the head of the Republic of Buryatia Alexey Tsydenov. The topic of discussion was environmental issues, in particular the preservation and restoration of Lake Baikal.

    Dmitry Patrushev noted the importance of developing balanced approaches when making decisions regarding Lake Baikal and strict compliance with environmental requirements when implementing development projects in the Baikal region. At the same time, the Deputy Prime Minister drew the attention of Alexey Tsydenov to the need for the region to submit proposals on specific mechanisms for solving these problems.

    The meeting also discussed the reconstruction of treatment facilities in the Republic of Buryatia and the region’s work in the context of incident No. 55. In order to complete the work within the framework of the national project “Ecology”, the Deputy Prime Minister instructed to conduct weekly monitoring of the dynamics of work at regional facilities and to visit them regularly.

    From 2019 to 2024, the Republic of Buryatia participated in the implementation of five federal projects of the national project “Ecology”. As part of the new national project “Ecological Well-being”, the Republic of Buryatia plans to carry out activities to preserve the ecosystem of Lake Baikal. They are included in the federal projects “Closed-loop Economy”, “Clean Air”, “Water of Russia” and “Forest Preservation”.

    Incident No. 55 “Wastewater Treatment Facilities” was created on June 15, 2024 to coordinate work on the construction and reconstruction of wastewater treatment facilities implemented within the framework of the national project “Ecology”, as well as to ensure the operation of these facilities with the achievement of the parameters of standard wastewater treatment. Currently, work is being considered at 145 facilities in 19 regions.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI: MEXC Launches Zero-Fee Trading Zone to Maximize Profits for Traders

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 17, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, is excited to announce the launch of its Zero-Fee Trading Zone, offering traders the chance to enjoy 0% Maker and Taker fees on hot trading pairs for a limited time. This initiative allows traders to take full advantage of market opportunities without incurring the usual fees, optimizing their potential profits.

    By creating this dedicated Zero-Fee Trading Zone, MEXC eliminates the hassle of searching for specific zero-fee pairs, allowing traders to focus on capitalizing on market movements without worrying about trading costs.

    Eligible pairs include:
    Futures: Over 100 pairs, including popular trading pairs such as APTUSDT, TRUMPUSDT, MELANIAUSDT, SEIUSDT, TIAUSDT, INJUSDT, ORDIUSDT, WLDUSDT, POPCATUSDT, and more.
    Spot: More than 40 pairs, featuring highly-traded pairs like APT/USDT, XRP/USDT, AVAX/USDT, BOME/USDT, DOGE/USDT, WIF/USDT, ORDI/USDT, TIA/USDT and others.

    Since its founding in 2018, MEXC has earned widespread recognition for its user-centric values and its vision of “To become everyone’s easiest way to crypto”.The platform now serves over 30 million users across 170+ countries. With continuous improvements and strategic initiatives, MEXC’s influence in the cryptocurrency sector has grown significantly. In the latest TokenInsight report, MEXC ranked among the top six in spot trading and the top five in derivatives trading globally. These achievements underscore MEXC’s commitment to delivering exceptional service and its leadership in the crypto industry.

    Tracy Jin, Vice President at MEXC, commented: “At MEXC, our mission is to offer users a simple, seamless, and efficient cryptocurrency trading experience. The launch of the Zero-Fee Trading Zone is just one example of how we prioritize our users and create the best possible trading environment. Additionally, MEXC supports over 3,000 tradable tokens, daily airdrops, ultra-low fees, and robust liquidity, enhancing the user experience and providing exclusive opportunities to earn free assets and maximize potential returns.”

    MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 32 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

    Please note that the event times for each eligible trading pair may vary. For specific details on eligible pairs and their respective event end times, refer to the latest announcements on MEXC’s official website.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Risk Disclaimer:
    The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

    Contact:
    Lucia Hu
    PR Manager
    lucia.hu@mexc.com

    Disclaimer: This content is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered as financial, investment, or trading advice. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/006339ec-628d-41e4-9e69-47c6d59ed1f4

    The MIL Network

  • MIL-OSI Australia: Heritage Map Room refresh

    Source: State Library of NSW

    The Heritage Map Room will be temporarily closed from Tuesday 18 February until Saturday 1 March for a refresh and rehang of maps from our exceptional cartographic collection. 

    Visitors are welcome to explore our other exhibitions, including the Michael Crouch Room, which also features selections from our cartographic collection. 

    While the Heritage Map Room is being refreshed, we invite you to explore our extensive digital collection through our online catalogue.

    MIL OSI News

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – ASSURA PLC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    Assura PLC  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    14 February 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    N/a  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 10p ordinary (GB00BVGBWW93)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 35,984,284 1.11 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 35,984,284 * 1.11 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 133,926 shares that are included in the total above.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

     
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
             
       
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 17 February 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Holiverse Brings Space History to a Global Audience with Lunar Constitution Mission

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, UAE, Feb. 17, 2025 (GLOBE NEWSWIRE) — Space enthusiasts from around the world gathered virtually to witness a groundbreaking moment in space history, as Holiverse live-streamed a special event from the Kennedy Space Center, on Feb 8. The event celebrated a unique mission that sent a digital copy of the U.S. Constitution to the Moon by NASA, highlighting the role of private technology companies in expanding public engagement with space exploration. By leveraging its cutting-edge digital platform, Holiverse transformed this historic mission into an interactive global experience, allowing audiences to participate in real-time discussions with leading scientists and industry experts.

    The mission itself took flight on January 15, 2025, when a SpaceX Falcon 9 rocket launched from Cape Canaveral, Florida, carrying Firefly Aerospace’s Blue Ghost lunar lander. The digital document, now in lunar orbit, represents a step toward preserving human heritage beyond Earth. In addition to broadcasting this milestone, Holiverse announced plans to document the next phase of the project—a future mission that will place a physical copy of the U.S. Constitution on the Moon, housed in a specially designed container to endure the harsh lunar environment for millions of years.

    Just weeks after this milestone, a special dinner event was held at the Kennedy Space Center to highlight the mission’s significance and unveil the next phase of the project. With Holiverse providing an immersive broadcast experience, audiences worldwide had a front-row seat to discussions led by leading scientists, astronauts, and industry experts. The event also featured the presentation of a physical copy of the U.S. Constitution, which is planned for a future lunar mission. Unlike the digital version already in orbit, this tangible document will be housed in a specially designed container capable of withstanding the Moon’s harsh environment for millions of years.

    Holiverse’s broadcast transformed the exclusive NASA gathering into a global experience, removing physical barriers to participation and making space exploration more accessible than ever. The platform’s high-quality visuals and expert production ensured that remote viewers could fully engage with the event, absorbing insights from key speakers and learning about upcoming missions. Holiverse’s commitment to interactivity was a defining feature of the broadcast, allowing virtual attendees to ask questions, participate in discussions, and share their thoughts in real time. This approach fostered a sense of inclusion, giving audiences the opportunity to not only witness history but also engage with the conversation surrounding it.

    For many viewers, the event served as both an educational opportunity and a moment of inspiration. Families gathered at home to watch the broadcast, students followed along with curiosity, and space enthusiasts around the world united in celebration of a historic achievement. The success of this virtual event underscores a broader trend – digital experiences can be just as impactful as physical ones, and in many ways, they are even more accessible. Holiverse, already a leader in the digital event industry, has proven this by producing interactive broadcasts for business summits, scientific conferences, film festivals, and now, groundbreaking space missions.

    Beyond the spectacle of the event itself, the broader implications of this mission highlight the evolving role of technology in cultural preservation and space exploration. The decision to send a copy of the U.S. Constitution to the Moon is not just symbolic – it reflects a growing recognition of the need to safeguard humanity’s intellectual and historical achievements in a rapidly advancing technological landscape. As nations and private enterprises expand their reach beyond Earth, the question of how to preserve cultural heritage in space is becoming increasingly relevant. Holiverse continues to explore new ways to make such historical moments accessible and meaningful to people worldwide.

    A physical copy of the Constitution is planned to be delivered to the Moon in the near future. The document, designed to withstand the extreme conditions of space, will serve as a lasting artifact for future explorers who may one day set foot on the lunar surface. This initiative is part of a broader movement toward preserving historical documents and cultural artifacts beyond Earth, ensuring that humanity’s legacy endures even as civilization expands into the cosmos.

    Holiverse has already committed to broadcasting this next chapter of the mission, continuing its role in bringing groundbreaking scientific events to a global audience. The company’s dedication to innovation in digital experiences has positioned it as a key player in the intersection of technology, education, and public engagement. As Holiverse looks ahead, it is preparing to launch a new philanthropic initiative through its platform, focusing on education, healthcare, and improving quality of life in developing countries. This commitment to social impact underscores the company’s belief that technology should not only connect people to historic moments but also contribute to a better future.

    This event demonstrates how modern digital platforms can revolutionize public access to space exploration. By streaming exclusive events like the Kennedy Space Center dinner, Holiverse has allowed thousands of people around the world to become active participants in the unfolding story of humanity’s journey beyond Earth. This mission is more than just a technical achievement – it is a testament to the power of collaboration, innovation, and the enduring significance of our shared cultural heritage.

    As the next phase of this historic mission approaches, one thing is clear: the future of space exploration is not limited to astronauts and scientists alone.

    About Holiverse

    Holiverse is developing a metaverse that integrates various products, business strategies, and game mechanics. Metaverse is your starting point in the journey through the Holiverse ecosystem. Through digital technology, anyone with an internet connection can witness history, engage with experts, and be part of humanity’s next great adventure. And with Holiverse leading the way, the boundaries between physical and virtual experiences continue to blur – bringing the wonders of space closer to us all. Know more, please contact us on X or Telegra, or visit our office at Sheikh Mohammed Bin Rashid Blvd, Dubai, UAE.

    Social Links

    X: https://x.com/Holiverse_

    Telegram: https://t.me/holiverse_support

    Media Contact

    Brand: Holiverse

    Contact: Media team

    Email: PR@holiverse.ai

    Website: https://holiverse.ai/

    The MIL Network

  • MIL-Evening Report: ‘No areas of concern’, says Cook Islands PM on NZ’s China deal fears

    By Caleb Fotheringham, RNZ Pacific journalist in Avarua, Rarotonga

    Cook Islands Prime Minister Mark Brown hopes to have “an opportunity to talk” with the New Zealand government to “heal some of the rift”.

    Brown returned to Avarua on Sunday afternoon (Cook Islands Time) following his week-long state visit to China, where he signed a “comprehensive strategic partnership” to boost its relationship with Beijing.

    Prior to signing the deal, he said that there was “no need for New Zealand to sit in the room with us” after the New Zealand Foreign Affairs Minister raised concerns about the agreement.

    Responding to reporters for the first time since signing the China deal, he said: “I haven’t met the New Zealand government as yet but I’m hoping that in the coming weeks we will have an opportunity to talk with them.

    “Because they will be able to share in this document that we’ve signed and for themselves see where there are areas that they have concerns with.

    “But I’m confident that there will be no areas of concern. And this is something that will benefit Cook Islanders and the Cook Islands people.”

    He said the agreement with Beijing would be made public “very shortly”.

    “I’m sure once the New Zealand government has a look at it there will be nothing for them to be concerned about.”

    Not concerned over consequences
    Brown said he was not concerned by any consequences the New Zealand government may impose.

    The Cook Islands leader is returning to a motion of no confidence filed against his government and protests against his leadership.

    “I’m confident that my statements in Parliament, and my returning comments that I will make to our people, will overcome some of the concerns that have been raised and the speculation that has been rife, particularly throughout the New Zealand media, about the purpose of this trip to China and the contents of our action plan that we’ve signed with China.”

    1News Pacific correspondent Barbara Dreaver was at the airport but was not allowed into the room where the press conference was held.

    The New Zealand government wanted to see the agreement prior to Brown going to China, which did not happen.

    A spokesperson for New Zealand’s Foreign Minister Winston Peters said Brown had a requirement to share the contents of the agreement and anything else he signed under the 2001 Joint Centenary Declaration.

    ‘Healing some of the rift’
    Brown said the difference in opinion provides an opportunity for the two governments to get together and “heal some of the rift”.

    “We maintain that our relationship with New Zealand remains strong and we remain open to having conversations with the New Zealand government on issues of concern.

    “They’ve raised their concerns around security in the Pacific. We’ve raised our concerns around our priorities, which is economic development for our people.”

    Brown has previously said New Zealand did not consult the Cook Islands on its comprehensive strategic partnership with China in 2014, which they should have done if the Cook Islands had a requirement to do so.

    He hoped people would read New Zealand’s deal along with his and show him “where the differences are that causes concern”.

    Meanwhile, the leader of Cook Islands United Party, Teariki Heather, said Cook Islanders were sitting nervously with a question mark waiting for the agreement to be made public.

    Cook Islands United Party leader Teariki Heather stands by one of his trucks he is preparing to take on the planned protest. Image: Caleb Fotheringham/RNZ Pacific

    “That’s the problem we have now, we haven’t been disclosed or told of anything about what has been signed,” he said.

    “Yes we hear about the marine seabed minerals exploration, talk about infrastructure, exchange of students and all that, but we haven’t seen what’s been signed.”

    However, Heather said he was not worried about what was signed but more about the damage that it could have created with New Zealand.

    Heather is responsible for filing the motion of no confidence against the Prime Minister and his cabinet.

    The opposition only makes up eight seats of 24 in the Cook Islands Parliament and the motion is about showing support to New Zealand, not about toppling the government.

    “It’s not about the numbers for this one, but purposely to show New Zealand, this is how far we will go if the vote of no confidence is not sort of accepted by both of the majority members, at least we’ve given the support of New Zealand.”

    Heather has also been the leader for a planned planned today local time (Tuesday NZ).

    “Protesters will be bringing their New Zealand passports as a badge of support for Aotearoa,” he said.

    “Our relationship [with New Zealand] — we want to keep that.”

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Kingdom: Green bin collections due to restart

    Source: City of Liverpool

    Liverpool residents will once again be able to recycle their garden waste, with green bin collections restarting from Monday 24 February. 

    The service runs from the last week of February until the last week of November each year. Those who sign up for green bin collections can have their grass cuttings, dead plants, leaves, and small branches taken away. Collections are carried out on a fortnightly basis. 

    As well as clearing up excess garden material, the service puts unwanted green waste to good use and avoids inefficient incineration. Once collected, the waste gets taken away to be broken down at a dedicated recycling site and turned into compost. 

    The annual fee for the year ahead will remain at £50, which works out at £2.50 per collection. People who pay for multiple bins are entitled to a discount, with each household able to secure up to five bins. 

    Cllr Laura Robertson-Collins, Liverpool City Council’s Cabinet Member for Neighbourhoods, Communities and Streetscene said: “Our green waste collection service continues to be good value for residents. It is convenient and can save multiple trips to recycling centres. 

    “Recycling garden waste properly is a great way to make a huge difference to the environment. Not only does it contribute to the sustainability efforts in our City, but it also has a much wider positive impact on reducing our carbon footprint nationally and even worldwide.

    “As well as using our green waste service, residents have the option to buy and use home composters for the majority of their garden waste, which can then be used as a healthy fertiliser for plants at home.” 

    For more information, or to sign up, people can visit www.liverpool.gov.uk/bins-and-recycling/pay-for-green-waste-collection.  

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Leicester awarded £250k by The National Lottery Heritage Fund for inclusive heritage programme

    Source: City of Leicester

    NEWS that Leicester is to receive initial funding from The National Lottery Heritage Fund’s Heritage Places programme has been welcomed by the city council.

    Thanks to National Lottery players, Leicester will have access to an initial grant of £250,000, which will allow the council and community partners to develop the first stage of an Inclusive Heritage programme for the city.

    The long-term project will aim to give a voice to all of Leicester’s diverse communities, ensuring that everyone in Leicester feels involved in, and represented by, the cultural activity and heritage initiatives that take place in the city.

    With just 80% of adults in Leicester currently actively participating in cultural and creative activity, compared to the national average of 90%, research partner The Audience Agency will now run extensive consultation with local stakeholders and communities to establish where engagement with heritage activities is low and to collect evidence that will help shape a long-term plan for more inclusive programming. Key to this will be 10 locally-recruited community heritage researchers, whose outreach work within communities will gather new perspectives that will help inform the next stage of the project.

    The funding will also allow the council to appoint a part-time programme manager who will coordinate the project over the next two years.

    Once a plan has been agreed and developed, further funding will be applied for from The National Lottery Heritage Fund to support Leicester’s Inclusive Heritage programme until 2033.

    Assistant city mayor for culture Cllr Vi Dempster – who will chair the project’s steering group – said: “Much work has been done in recent years to tell the stories of those who typically don’t engage with heritage initiatives, but this Heritage Places funding gives us an opportunity to build on that and ensure that in a city as culturally-diverse as Leicester, the lives and interests of all of its people are properly represented.

    “Thanks to National Lottery players, we will be able to reach out to our communities and ask what heritage means to them. And that could include traditions that now risk being lost, or a way of life that might be forgotten – or maybe stories relating to fashion, food, music or other aspects of everyday life.

    “The research we do in stage one of this project will help identify the celebrations, exhibitions, events or other community-led heritage initiatives that could feature in the second stage funding application.

    “By engaging with all of Leicester’s diverse communities and listening to their stories, we aim to make sure that inclusivity is at the heart of the city’s heritage initiatives.”

    Robyn Llewellyn, Area Director, England, Midlands & East at The National Lottery Heritage Fund said: “We are delighted to support Leicester City Council with £250,000 to begin developing heritage programming that involves and includes Leicester’s diverse communities. We’re supporting partnerships in Leicester, one of our Heritage Places, to unlock the possibilities of this city’s heritage. Their ambitions show how heritage can be a powerful force to bring people together and inspire pride in place.”

    Designed to boost local economies and local pride by unlocking the potential of local history and heritage, The National Lottery Heritage Fund’s Heritage Places initiative aims to transform 20 places around the UK by 2033, using a dedicated funding pot of £200million.

    Leicester was one of the first Heritage Places to be announced in October 2023.

    (ends)

    Notes to editors:

    About The National Lottery Heritage Fund 

    Our vision is for heritage to be valued, cared for and sustained for everyone, now and in the future. That’s why as the largest funder for the UK’s heritage we are dedicated to supporting projects that connect people and communities to heritage, as set out in our strategic plan, Heritage 2033. Heritage can be anything from the past that people value and want to pass on to future generations. We believe in the power of heritage to ignite the imagination, offer joy and inspiration, and to build pride in place and connection to the past.

    Over the next 10 years, we aim to invest £3.6billion raised for good causes by National Lottery players to make a decisive difference for people, places and communities.

    heritagefund.org.uk

    Follow @HeritageFundUK on Twitter/X, Facebook and Instagram and use #NationalLottery #HeritageFund

    About The Audience Agency

    The Audience Agency is an independent research and development organisation whose purpose is to enable a thriving, people-centred cultural sector. We provide research, insight, data-tools and other services, which help our network of clients and stakeholders adapt for, and with, their communities.

    theaudienceagency.org

    MIL OSI United Kingdom

  • MIL-OSI Russia: The economic effect of the production efficiency program of Samaraneftegaz exceeded 2.7 billion rubles

    Translartion. Region: Russians Fedetion –

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    In 2024, the Samaraneftegaz company (part of the Rosneft oil and gas production complex) received an economic effect of more than 2.7 billion rubles thanks to the implementation of a program to improve production efficiency.

    Over the past year, the company’s specialists have implemented about 100 innovative solutions. For the first time in Russia, Samara oil workers tested a domestic technology for simultaneous and separate oil production using small-sized deep-well pumping equipment. Due to the reduction in bottomhole pressure during the simultaneous operation of two layers in a sidetrack, additional production at three wells of the company amounted to more than 16 thousand tons of oil, and the economic effect was over 100 million rubles.

    In addition, a new Russian automated drilling control system was tested at three wells under construction, which accurately executes the set commands and controls the parameters within the permissible range. This system helps to increase the mechanical drilling speed, reduces beating, vibration and wear of the drill string elements, allowing to reduce the construction time of wells due to the increase in the trip speed. Based on the results of the pilot tests, specialists noted an increase in the mechanical drilling speed by 10% of the planned one.

    Samaraneftegaz is constantly looking for innovative solutions that allow maximizing efficiency at all stages of hydrocarbon production and transportation. Since 2018, when the production efficiency improvement system was introduced, the company has saved more than 8.5 billion rubles. During this time, specialists have developed and approved more than a hundred relevant passports, 32 of which were issued in the past year alone.

    Systematic work to improve production efficiency is one of the key elements of Rosneft’s development strategy. The company is carrying out large-scale work aimed at reducing operating costs, including through the introduction of advanced technological solutions.

    Reference:

    JSC Samaraneftegaz, a subsidiary of NK Rosneft, carries out production activities in the Samara and Orenburg regions. Cumulative oil production since the beginning of field development exceeds 1.3 billion tons of oil.

    Department of Information and Advertising of PJSC NK Rosneft February 17, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News