SCG International Partners with Buna Al Mamlaka to Propel Sustainable Construction Innovations in Saudi Arabia

BANGKOK, THAILAND – SCG International Corporation Co., Ltd. (SCG International) has taken a significant stride in promoting environmental stewardship by entering into a Memorandum of Understanding (MOU) with Buna Al Mamlaka (BUNA) to introduce advanced, sustainable construction technologies in Saudi Arabia.  This collaboration is not only establishing showrooms in key regions for the sales and distribution of building materials manufactured and supplied by SCG but also achieving SCG International’s strategic expansion across South Asia, the Middle East, and Africa (SAMEA), with a focus on integrating sustainable practices into its business operations.

The partnership leverages green construction technologies like Ultra High-Performance Concrete (UHPC), SCG’s Ready Mix Concrete Technology, and SCG 3D Printing to minimize environmental impacts. UHPC creates thinner, lighter structures that are tough and capable of handling heavy loads, using less material and enhancing sustainability. SCG’s Ready Mix Concrete optimizes concrete mixes to reduce resource use and waste. SCG’s 3D Printing technology enhances construction precision, reduces material wastage, and lowers carbon emissions.

This initiative is led by Mr. Abhijit Datta, Managing Director of SCG International, and Mr. Eslam M. Radwan, CEO of BUNA. Both leaders are dedicated to deeply integrating sustainability into their operational frameworks, aiming to transform the regional construction landscape with eco-friendly, economically viable, and socially responsible practices.

Through these efforts, SCG International and BUNA are setting new industry standards, demonstrating how strategic partnerships can contribute significantly to achieving global sustainability goals. This initiative not only underscores the potential for industrial innovation to support greener building practices but also highlights the importance of international collaboration in addressing environmental challenges.

Mr. Abhijit Datta, Head of International Business and Managing Director of SCG International said ” We hope that this cooperation leverages SCG’s capabilities in innovation and construction technologies, partnering together with BUNA, a key major player in the Saudi Arabian construction space. Together we hope to lay the foundation for a future where technologies and partnerships will help transform the way buildings are constructed. Moreover, we aim to leverage BUNA’s capabilities to collaborate with us in Thailand and ASEAN countries. This MOU is a testament to our joint commitment to innovation and sustainable technology, and I hope that we will have a very strong collaboration moving forward.”

“I am delighted that Buna Al Mamlaka has joined forces with SCG International. While the results may not be immediately visible, we are confident that utilizing SCG’s technology will enhance our competitive capabilities in the Saudi Arabian market. This collaboration will not only improve our projects but also showcase green construction technology in the Kingdom of Saudi Arabia, aligning with KSA’s 2030 vision.” said Mr. Eslam M. Radwan, CEO of Buna Al Mamlaka.

About SCG International

SCG International Corporation Co., Ltd., a subsidiary of The Siam Cement Public Company Limited (BKK:SCC), is a renowned global entity founded in 1978 in Bangkok. As a trading company turned international powerhouse, SCG International now operates in 20 locations worldwide, serving over 2,000 corporate clients in more than 50 countries. By 2022, the company successfully transformed into a trusted international supply chain partner, offering comprehensive solutions to enhance supply chain diversity, mitigate risks, and unlock business potential. With an unwavering commitment to sustainability, SCG International actively supports various industries and achieves an annual revenue of approximately 1.5 billion USD.

For more information : scginternational.com

Zoom bolsters security offering with the inclusion of post-quantum end-to-end encryption in Zoom Workplace

Post-quantum E2EE now available for Zoom Meetings, making Zoom the first UCaaS provider to offer the new security feature

SAN JOSE, Calif., May 21, 2024 (GLOBE NEWSWIRE) — Today, Zoom Video Communications, Inc. (NASDAQ: ZM) announced that post-quantum end-to-end encryption (E2EE) is now globally available for Zoom Workplace, specifically Zoom Meetings, with Zoom Phone and Zoom Rooms coming soon. The launch of the new security enhancement makes Zoom the first UCaaS company to offer a post-quantum E2EE solution for video conferencing.

As adversarial threats become more sophisticated, so does the need to safeguard user data. In certain circumstances, attackers may have the ability to capture encrypted network traffic now, with the intent to decrypt it later when quantum computers become more advanced — a scenario often referred to as “harvest now, decrypt later”. So, while powerful quantum computers with this capability are not yet generally available, Zoom has taken a proactive stance by upgrading the algorithms designed to be able to withstand these potential future threats.

“Since we launched end-to-end encryption for Zoom Meetings in 2020 and Zoom Phone in 2022, we have seen customers increasingly use the feature, which demonstrates how important it is for us to offer our customers a secure platform that meets their unique needs,” said Michael Adams, chief information security officer at Zoom. “With the launch of post-quantum E2EE, we are doubling down on security and providing leading-edge features for users to help protect their data. At Zoom, we continuously adapt as the security threat landscape evolves, with the goal of keeping our users protected.”

How post-quantum E2E encryption works
When users enable E2EE for their meetings, Zoom’s system is designed to provide only the participants with access to the encryption keys that are used to encrypt the meeting; this is the behavior for both post-quantum E2EE and standard E2EE. Because Zoom’s servers do not have the necessary decryption key, encrypted data relayed through Zoom’s servers is indecipherable. In addition, to defend against “harvest now, decrypt later” attacks, Zoom’s post-quantum E2E encryption uses Kyber 768, an algorithm being standardized by the National Institute of Standards and Technology (NIST) as the Module Lattice-based Key Encapsulation Mechanism, or ML-KEM, in FIPS 203.

Visit our support article to understand which versions and platforms of Zoom Workplace support using post-quantum E2EE.

About Zoom
Zoom’s mission is to provide one platform that delivers limitless human connection. Zoom Workplace — our AI-powered, open collaboration platform built for modern work — streamlines communications, improves productivity, increases employee engagement, optimizes in-person time, and offers customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, includes collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

Zoom Public Relations
Bridget Moriarty
press@zoom.us

GlobeNewswire Distribution ID 9120961

FII Institute Unveils Top Speakers, Sessions for Inaugural Latin America Summit in June

FII PRIORITY Rio Partners 2024

FII PRIORITY Rio Partners 2024

SÃO PAULO, Brazil, May 21, 2024 (GLOBE NEWSWIRE) — The Future Investment Initiative (FII) Institute will host its first Latin American FII PRIORITY Summit in Rio de Janeiro from 11 to 13 June 2024 at the Copacabana Palace. Over three days, more than 150 notable speakers will participate in 44 sessions. Held under the theme “Invest in Dignity,” the summit will explore how investing in the ecological transition, technology and innovation, and social inclusion can build a new global order that prioritises dignity for all.

Key speakers include H.R.H. Princess Reema Bint Bandar Al Saud, Saudi Ambassador to the U.S., H.R.H. Prince Faisal Bin Bandar Al Saud, Chairman of the Saudi Esports Federation, H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF) and Chairman of the FII Institute, Mike Pompeo, former U.S. Secretary of State, and former presidents Felipe Calderon (Mexico), Juan Manuel Santos (Colombia), Jorge Quiroga (Bolivia), and Laura Chinchilla (Costa Rica).

The summit will also feature—among others—industry leaders, investment experts, and government officials like H.E. Khalid bin Abdulaziz Al-Falih, Saudi Minister of Investment, Baroness Ariane de Rothschild, CEO of Edmond de Rothschild Holding, Hon. Gustavo Manrique, Former Foreign Minister and Former Environmental Minister of Ecuador, Sir Martin Sorrell, Executive Chairman of S4 Capital Group, André Esteves, Chairman of BTG Pactual, Marcelo Claure, Founder & CEO of Claure Group, Bernard Mensah, President of International at Bank of America, Aloizio Mercadante, President of BNDES, Eduardo Bartolomeo, CEO of Vale, and Julia Dias Leite, CEO of the Brazilian Center for International Relations (CEBRi).

The sessions will delve into issues surrounding climate action, BRICS, energy transition, sustainable development, entrepreneurship, and emerging technologies. Highlights include the “Board of Changemakers,” focused on growth opportunities and economic prosperity, “How Can Investors Navigate Dynamic Markets?” on investment strategies amid market volatility, and “The Future of Global Energy,” discussing emerging energy technologies and projects. Other topics will address global investment megatrends, fintech and traditional finance convergence, and leadership in the rise of the global south.

For media enquiries, please email: media@fii-institute.org and fii-institute@fsb.com.br.

About FII Institute

The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm focused on impactful initiatives for humanity. Through its PRIORITY Summits, the institute brings together leading minds to foster innovation and sustainable solutions across the globe.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fec08610-6358-43a3-96c0-8f9116ea9033

GlobeNewswire Distribution ID 1000951989

Duck Creek Technologies Highlights Esteemed Sponsors of Formation ’24

Formation ‘24 – The Pinnacle Gathering of Global Insurance and Technology Innovators – Features Dozens of Industry Sponsors.

BOSTON, May 21, 2024 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is thrilled to unveil the prominent sponsors set to join the forefront of insurance technology decision-makers at its highly anticipated customer conference, Formation ’24. The event is scheduled to take place from May 21 to May 23, 2024, at the Omni Dallas Hotel in Dallas, Texas.

Duck Creek is poised to welcome insurtech leaders and industry professionals from around the world, fostering a dynamic environment with abundant educational and networking prospects centered on the latest trends and innovations driving the insurance industry forward.

“This year we have record sponsorship commitments from over 60 members of our partner ecosystem, including platinum sponsors Aggne Global, Coforge, Cognizant, and LTIMindtree; and gold sponsors Accenture, Capgemini, Next Level Solutions, Opterrix, PwC, Quadient, and Yovant,” said Rohit Bedi, Chief Revenue Officer, Duck Creek Technologies. “This underscores the robust partner ecosystem Duck Creek has cultivated to benefit our global customers. We maintain steadfast relationships with industry leaders, offering complementary and distinctive solutions to enhance and simplify our joint customers’ experience.”

For a full list of Formation ‘24 sponsors, click here. The agenda and speaker line-up are now available on the conference website. For more information on Formation ‘24 or to register now for the year’s must-attend event, please visit https://www.duckcreek.com/formation/.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

Media Contacts:
Dennis Dougherty
dennis.dougherty@duckcreek.com

GlobeNewswire Distribution ID 9120220

Bombardier Announces Launch of its New Issuance of Senior Notes due 2032

MONTREAL, May 21, 2024 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has launched an offering of US$500 million aggregate principal amount of new Senior Notes due 2032 (the “New Notes”).

Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the repayment and/or retirement of outstanding indebtedness, including the redemption of US$240 million aggregate principal amount of its outstanding 7.125% Senior Notes due 2026 (the “2026 Notes”, and such redemption, the “Conditional 2026 Notes Redemption”) and the redemption of US$300 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the “2027 Notes”, and such redemption, the “Conditional 2027 Notes Redemption”), and (ii) to pay accrued interest and related fees and expenses. As of the date hereof, there is US$504 million aggregate principal amount outstanding of the 2026 Notes and US$1,433 million aggregate principal amount outstanding of the 2027 Notes.

Consummation of the offering of the New Notes, the Conditional 2026 Notes Redemption and the Conditional 2027 Notes Redemption are subject to market and other conditions, and there can be no assurance that Bombardier will be able to successfully complete these transactions on the terms described above, or at all. The Conditional 2026 Notes Redemption and the Conditional 2027 Notes Redemption are expected to be subject to certain conditions, including the completion of the offering of the New Notes.

This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful.

The New Notes mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The New Notes mentioned herein may be offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act and outside the United States in reliance on Regulation S under the U.S. Securities Act. The New Notes mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. The New Notes will be offered and sold in Canada on a private placement basis only to “accredited investors” pursuant to certain prospectus exemptions.

This announcement does not constitute an offer to purchase or the solicitation of an offer to sell the New Notes, the 2026 Notes or the 2027 Notes. This announcement does not constitute a redemption notice in respect of any 2026 Notes, 2027 Notes or any other notes. Any redemption of the 2026 Notes, the 2027 Notes or any other notes will be made pursuant to a notice of redemption under the indentures governing such notes.

FORWARD-LOOKING STATEMENTS

Certain statements in this announcement are forward-looking statements based on current expectations. By their nature, forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward-looking statements.

For information

Francis Richer de La Flèche
Vice President, Financial Planning and Investor
Relations Bombardier
+1 514 240 9649
Mark Masluch
Senior Director, Communications
Bombardier
+1 514 855 7167

GlobeNewswire Distribution ID 9121251

Bombardier Announces Launch of its New Issuance of Senior Notes due 2032

MONTREAL, May 21, 2024 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has launched an offering of US$500 million aggregate principal amount of new Senior Notes due 2032 (the “New Notes”).

Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the repayment and/or retirement of outstanding indebtedness, including the redemption of US$240 million aggregate principal amount of its outstanding 7.125% Senior Notes due 2026 (the “2026 Notes”, and such redemption, the “Conditional 2026 Notes Redemption”) and the redemption of US$300 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the “2027 Notes”, and such redemption, the “Conditional 2027 Notes Redemption”), and (ii) to pay accrued interest and related fees and expenses. As of the date hereof, there is US$504 million aggregate principal amount outstanding of the 2026 Notes and US$1,433 million aggregate principal amount outstanding of the 2027 Notes.

Consummation of the offering of the New Notes, the Conditional 2026 Notes Redemption and the Conditional 2027 Notes Redemption are subject to market and other conditions, and there can be no assurance that Bombardier will be able to successfully complete these transactions on the terms described above, or at all. The Conditional 2026 Notes Redemption and the Conditional 2027 Notes Redemption are expected to be subject to certain conditions, including the completion of the offering of the New Notes.

This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful.

The New Notes mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The New Notes mentioned herein may be offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act and outside the United States in reliance on Regulation S under the U.S. Securities Act. The New Notes mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. The New Notes will be offered and sold in Canada on a private placement basis only to “accredited investors” pursuant to certain prospectus exemptions.

This announcement does not constitute an offer to purchase or the solicitation of an offer to sell the New Notes, the 2026 Notes or the 2027 Notes. This announcement does not constitute a redemption notice in respect of any 2026 Notes, 2027 Notes or any other notes. Any redemption of the 2026 Notes, the 2027 Notes or any other notes will be made pursuant to a notice of redemption under the indentures governing such notes.

FORWARD-LOOKING STATEMENTS

Certain statements in this announcement are forward-looking statements based on current expectations. By their nature, forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward-looking statements.

For information

Francis Richer de La Flèche
Vice President, Financial Planning and Investor
Relations Bombardier
+1 514 240 9649
Mark Masluch
Senior Director, Communications
Bombardier
+1 514 855 7167

GlobeNewswire Distribution ID 9121251