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Maran Timber Sdn. Bhd. Pioneers EUDR-Compliant Shipments from Malaysia to Europe

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KUALA LUMPUR, Malaysia, Nov. 27, 2024 /PRNewswire/ — Maran Timber Sdn. Bhd., a leading Malaysian timber exporter, has become the first company in the country to achieve European Union Deforestation Regulation (EUDR) compliance using the cutting-edge Proteus platform from #dltledgers, a Singapore-based digital supply chain solutions provider. This milestone marks a significant advancement for the Malaysian timber industry, enabling seamless, transparent, and compliant shipments to the European Union (EU).

The EUDR, which came into force in June 2023, aims to curb global deforestation by regulating commodities that contribute to environmental degradation. As part of its commitment to sustainability and responsible forestry, Maran Timber is leveraging the multi-party Proteus framework to ensure the traceability of its timber exports, demonstrating compliance with the strict EU regulations. The platform offers real-time auditability and immutable record-keeping, ensuring transparency and accountability from upstream forestry activities to downstream manufacturing and shipment processes.

With over 60 years of experience, Maran Timber is no stranger to innovation, but this latest partnership with #dltledgers marks a pivotal shift towards digitalization and enhanced collaboration across its supply chain. The Proteus platform integrates advanced technologies such as blockchain and AI to streamline multi-party transactions, from raw material sourcing to regulatory submissions. This ensures not only compliance but also increased efficiency and sustainability in every shipment.

“We are proud to be the first timber company in Malaysia to implement EUDR-compliant shipments using #dltledgers’ Proteus framework. This partnership is a game-changer for us, allowing us to meet the stringent demands of the EU market while supporting our sustainability goals,” said Mr. Kay Yip Ng, CEO of Maran Timber Sdn. Bhd. “This collaboration aligns with our vision to build a digitalized ecosystem and further strengthens our commitment to sustainability across the entire supply chain.”

“Proetus is a game changing multi-party collaboration platform for global Compliance and sustainability, with industry specific models for faster customer journey towards a circular economy. We work with multiple industries across the globe; EUDR compliance and submission are deployed at rapid speed, authenticated at real time for compliant exports” said Mr. Samir Neji, CEO of #dltledgers. “We are ecstatic to support the Malaysian Timber Industry. Maran Timber paves the way for further leadership and collaboration across the industry, driving compliance, sustainability, and innovation.”

About Maran Timber Sdn. Bhd.

Maran Timber, formerly known as Maran Road Sawmill, is a premier fully integrated Maran Timber, a prominent timber company in Malaysia, focuses on producing high-quality timber products while maintaining strong commitments to sustainability and responsible practices. The company operates an FSC-certified forest concession under Asrama Raya, a sawmill in Terengganu, and an integrated timber manufacturing facility in Pahang.

Maran Timber offers a range of engineered timber products, including kiln-dried lumber, laminated scantlings, fascia boards, and Noawood, a thermally modified wood product derived from Malaysian tropical timber, designed for enhanced durability and stability. The company remains dedicated to sustainable forest management and adhering to ESG principles, ensuring a balance between business growth and environmental responsibility.

About #dltledgers

#dltledgers is a global multi-party collaboration platform offering state of the art solution in Multi-tier supply chain, Sustainability, Compliance and Digital finance.

Global businesses face significant multi-party collaboration challenges and there is a pressing need for enabling inter-enterprise data-sharing processes. Organizations across diverse geographies often struggle with incompatible technologies. #dltledgers offers clarity through the seamless virtualization of invisible data points across the value chain.

Our flagship product, Proteus, enhances collaboration and authenticity, leveraging advanced virtualization technologies in Gen AI, Blockchain and Web3 frameworks to streamline data sharing, improve visibility and ensure global compliance.

View original content:https://www.prnewswire.com/apac/news-releases/maran-timber-sdn-bhd-pioneers-eudr-compliant-shipments-from-malaysia-to-europe-302317295.html

SOURCE dltledgers

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Comviva appoints Raja Mansukhani to accelerate growth and transformation

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NEW DELHI, Nov. 27, 2024 /PRNewswire/ — Comviva, a global leader in digital transformation solutions, specializing in customer experience management, data monetization, and mobile financial services, today announced the appointment of Raja Mansukhani as its Chief Strategy, Technology, and Transformation Officer. In this key role, Raja will drive the execution of strategic initiatives that are central to Comviva’s transformation and the realization of its ambitious Comviva 2.0 vision.

Raja brings over two decades of leadership experience across IT, telecommunications, fintech, and digital platforms. He has led organizations through large-scale business and operational transformations, market expansions, and the launch of innovative products and technologies in diverse global markets. Prior to joining Comviva, Raja was the CEO of a Digital Platforms company within the Axiata Group.

Welcoming Raja to the Comviva leadership team, Rajesh Chandiramani, Chief Executive Officer at Comviva, said, “We are thrilled to have Raja on board during this transformative phase for Comviva. His deep industry knowledge and proven ability to drive growth and innovation align perfectly with our vision for Comviva 2.0. Raja’s leadership will be instrumental in shaping our strategic direction and technology roadmap, as we continue to deliver cutting-edge digital solutions for our customers worldwide.”

Raja Mansukhani shared his enthusiasm about joining the Comviva team, stating, “I am honored to be part of Comviva, a company renowned for its pioneering solutions and steadfast commitment to a customer-centric approach. As the industry undergoes rapid transformation, this is an exciting opportunity to lead strategic initiatives alongside a talented team that will unlock new opportunities and accelerate Comviva’s growth while delivering differentiation and significant value creation for our customers. As a team, we will drive innovation, foster value-driven transformation, and work towards achieving the bold objectives of Comviva 2.0.”

With Raja’s appointment, Comviva reaffirms its commitment to delivering innovative, customer-first solutions while accelerating its transformation efforts to stay ahead in the rapidly evolving digital economy.

As part of its strategic growth, Comviva is enhancing its capabilities in digital commerce, data monetization, and customer experience solutions. By focusing on partnerships with technology leaders and hyperscalers, and advancing operational excellence across MarTech, FinTech, DigiTech, and RevTech, Comviva is positioning itself as a catalyst for innovation. These initiatives align with the company’s vision to lead the digital transformation journey, empowering businesses to unlock new revenue streams and deliver exceptional customer value.

Photo: https://mma.prnewswire.com/media/2568506/Raja_Mansukhani.jpg
Logo: https://mma.prnewswire.com/media/995982/Comviva_Logo.jpg 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/comviva-appoints-raja-mansukhani-to-accelerate-growth-and-transformation-302317354.html

SOURCE Comviva

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Waterdrop Inc. to Report Third Quarter 2024 Financial Results on December 11, 2024

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BEIJING, Nov. 27, 2024 /PRNewswire/ — Waterdrop Inc. (NYSE: WDH) (“Waterdrop” or the “Company”), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on Wednesday, December 11, 2024.

Waterdrop’s management team will hold a conference call on December 11, 2024 at 7:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows:

International:

1-412-317-6061

United States Toll Free:

1-888-317-6003

Hong Kong Toll Free:

800-963976

Hong Kong:

852-58081995

Mainland China:

4001-206115

Chinese Line (Mandarin) Entry Number:

4533234

English Interpretation Line Entry Number:

2061532

Participants can choose between the Chinese and the English interpretation lines. Please note that the English interpretation option will be in listen-only mode. Please dial in 15 minutes before the call is scheduled to begin and provide the Elite Entry Number to join the call.

Telephone replays will be accessible two hours after the conclusion of the conference call until December 18, 2024 by dialing the following numbers:

United States Toll Free:

1-877-344-7529

International Toll:

1-412-317-0088

Chinese Line Access Code:

6305770

English Interpretation Line Access Code:

9765426

Additionally, live and archived webcasts of the conference call will be available at the Company’s investor relations website at http://ir.waterdrop-inc.com/.

About Waterdrop Inc.

Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare service to billions through technology. For more information, please visit www.waterdrop-inc.com.

For investor inquiries, please contact

Waterdrop Inc.
IR@shuidi-inc.com

View original content:https://www.prnewswire.com/news-releases/waterdrop-inc-to-report-third-quarter-2024-financial-results-on-december-11-2024-302317243.html

SOURCE Waterdrop Inc.

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Qareeb Data Centres and Gcore Forge Strategic Partnership to Elevate GCC AI and Cloud Infrastructure

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MANAMA, Bahrain, Nov. 27, 2024 /PRNewswire/ — Qareeb Data Centres, the Middle East’s first edge data centre provider, and Gcore, a global leader in edge AI, cloud, network, and security solutions, signed a Memorandum of Understanding (MoU) at the Touchdown Middle East 2024 conference in Bahrain. This strategic partnership is set to boost digital infrastructure in the Gulf Cooperation Council (GCC) and support the region’s journey to becoming a hub of innovation, with a special focus on delivering cutting-edge AI and cloud computing services.

 

Qareeb will leverage its edge data centre infrastructure to deliver Gcore solutions to customers across the GCC market, fostering local digitalisation and supporting Gcore’s expansion in the region. By integrating Gcore’s advanced AI, cloud, and edge solutions with Qareeb’s data centre capabilities, this collaboration aims to enable innovation and scalability as well as provide reliable and secure cloud solutions to address the growing demand from businesses and public sector organisations throughout the GCC.

“Partnering with Gcore aligns with our vision to drive digital innovation across the GCC region,” said Annemarie Van Zadelhoff, Chief Strategy Officer at Qareeb Data Centres. “With the data centre market experiencing rapid growth, particularly in the demand for local edge colocation facilities, this partnership provides a strong foundation for our ambitious expansion across the Middle East while delivering advanced AI and cloud computing solutions to meet the shifting needs of organisations today and into the future.”

“We are thrilled to partner with Qareeb Data Centres to deliver cutting-edge AI and cloud services to the GCC,” said Fabrice Moizan, Chief Revenue Officer at Gcore. “Together, we will empower businesses with robust infrastructure solutions, driving innovation, economic growth, and technological advancement across the region.”

 

About Qareeb Data Centres
Qareeb Data Centres is on a mission to deliver world-class Edge Data Centre solutions in the Middle East, enabling businesses in their digital transformation through delivering best in class infrastructure tailored for cloud and AI-driven growth, with transparency and a customer-first approach at the core. Headquartered in Bahrain, Qareeb fuses international and local expertise to ensure a consistent exceptional customer experience tailored to regional needs.
To find out more, visit www.qareebdc.com/

About Gcore
Gcore is a global edge AI, cloud, network, and security solutions provider. Headquartered in Luxembourg, with a team of 600 operating from ten offices worldwide, Gcore provides solutions to global leaders in numerous industries. Gcore manages its global IT infrastructure across six continents, with one of the best network performances in Europe, Africa, and LATAM due to the average response time of 30 ms worldwide. Gcore’s network consists of 180 points of presence worldwide in reliable Tier IV and Tier III data centers, with a total network capacity exceeding 200 Tbps.
https://gcore.com/

 

This press release has been issued by Qareeb Data Centres Corporate Communications. For further information:

Media Contact
Avenue 10
eleri@avenue-10.com

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View original content:https://www.prnewswire.co.uk/news-releases/qareeb-data-centres-and-gcore-forge-strategic-partnership-to-elevate-gcc-ai-and-cloud-infrastructure-302316764.html

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