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OPIM x LIFE Korea to Launch First Engagement Fund for International Allocators

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HONG KONG, Sept. 2, 2024 /PRNewswire/ — OP Investment Management (“OPIM”), Asia’s leading fund platform, is partnering with LIFE Asset Management, Inc. (“LIFE”) to launch an offshore Cayman-domiciled fund, LIFE Korea Engagement Fund (“Fund”), .  The Fund’s strategy will be similar to LIFE’s local flagship fund, which is only available to Korean local investors. 

LIFE’s CIO and LIFE Korea Engagement Fund’s Director Darren Kang opines that Korea has long been overshadowed by other countries like China and Japan. With the new government value-up policies and improvements in the markets through engagement activism, Darren and the team can deploy tactical strategies to fill in the gaps in conventional value-investing.

“We are seeing a generational shift that has traditionally been absent in Korean history. This will attract global investors in the Korean markets,” Darren said. “We want to be part of the change.”

The Fund, scheduled to launch on September 2nd 2024, is a Korean equity focused engagement strategy fund specifically tailored to target opportunities in the Korean markets. It actively engages with portfolio companies to advocate for strategic changes that enhance shareholder value, including improved capital allocation and corporate governance. The portfolio will deep dive into companies that have been undervalued and have the willingness to improve company valuation through LIFE’s engagement.

Unlike conventional activism, engagement strategy rather uses a friendlier approach. Through a proven track record, LIFE Asset Management is the fastest growing hedge fund in Korea since establishment in 2021. LIFE’s AUM grew from $260M at the end of 2022 to almost $1B today. Widely known as the first and largest engagement activist in Korea, the unique team has diverse specialists from ex-investment banking, corporate succession/inheritance tax specialists, and industry titans with a large domestic network and corporate governance credibility.

Through this collaboration with OPIM, the Fund expects to gather investments globally from US, EMEA and Asia, further contributing to the new wave of interests in the Korean markets.

Alvin Fan, Chief Executive Officer of OPIM added, “Darren’s strategy is the perfect example of why having boots on the ground and an experienced team will deliver outperformance time and time again. After their stellar performance in 2023 and outstanding records in 2024, LIFE’s track record onshore is finally accessible to institutional investors offshore.”

About OP Investment Management Ltd.

OPIM partners with emerging managers to develop innovative strategies for institutional and professional investors. OPIM’s institutional fund platform attracts both managers and investors from around the world working with the industry’s best business partners in alternative asset management.

OPIM is a leading Hong Kong-based asset management company established and licensed since 2004 with Hong Kong Securities and Futures Commission (the “SFC”) to carry out Type 1 (dealing in securities), Type 4 (advising on securities) and 9 (asset management) regulated activities under the provisions of the Securities and Futures Ordinance (Cap.571) (the “HK SFO”). The company is also a member of the Oriental Patron Financial Group and associate of Wealthink AI-Innovation Capital Limited (Hong Kong publicly listed 1140.HK).

About LIFE Asset Management, Inc.

Established in 2021, LIFE Asset Management is an asset management company based in Republic of Korea with a focus in engagement activism hedge fund strategy. Since establishment, LIFE has gained substantial reputation as a dominant player in value investing and engagement activism.

Incorporated under the laws of Republic of Korea, LIFE is licensed with Financial Services Commission of Republic of Korea for carrying out the activities of the Investment Manager, Investment Advisor and Investment Discretionary Manager. LIFE is managing 1.3T KRW (equiv. $1B) as of July 2024, positioning them as the largest engagement hedge fund in Korea.

Disclaimer

This document is issued by OP Investment Management Limited (“OPIM”) This document, and the website of OPIM (www.opim.com.hk) has not been reviewed by the Securities and Futures Commission of Hong Kong.  This document is solely for information purposes and is not intended as an offer, a solicitation of offer or a recommendation, to deal in shares of securities or any financial instruments. Any trademarks, logos and related intellectual property rights in this document are either owned by OPIM or such other third parties. Past performance and the predictions, projections, or forecasts on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of OPIM, any funds managed by OPIM, or any future funds to be launched patnering with OPIM. Information herein is believed to be reliable at time of publication but OPIM does not warrant its completeness or accuracy and is not responsible for error of facts or opinion nor shall be liable for damages arising out of any person’s reliance upon this information. Any opinion or estimate contained in this document may subject to change without notice. This document may not be published, circulated, reproduced or distributed without the prior written consent of OPIM.

View original content:https://www.prnewswire.com/news-releases/opim-x-life-korea-to-launch-first-engagement-fund-for-international-allocators-302235918.html

SOURCE OP Investment Management

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Tencent Cloud and Vector Group’s Offshore Company Launch Japan’s First AI Avatar Video Generation Service “AvaMo”

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Collaboration aims to revolutionize video production of advertisements in Japan

TOKYO, May 13, 2025 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, and Offshore Company, a subsidiary of PR firm Vector Group, which ranks sixth globally and first in Asia[1], today proudly announced the launch of “AvaMo,” Japan’s first AI-powered avatar video generation service specifically designed for the Japanese market[2]. Powered by Tencent Cloud’s advanced digital human creation technology, AvaMo enables the quick creation of professional-quality videos, dramatically reducing both production time and costs by up to 98%[3]—a true game changer for producing video advertisements.

“AvaMo” is an AI video generation service developed by Offshore Company with technology provided by Tencent Cloud. The name “AvaMo” combines the words “Avatar” and “Motion/Movie,” representing its ability to create high-quality videos featuring AI avatars with natural movements. The service is versatile, catering to a wide range of use cases, including advertising, customer support, and educational content.

Addressing the Needs of a Rapidly Growing Market

The global AI video generation market has been rapidly expanding, with projections estimating its value at $4.1 billion (approx. ¥582.2 billion) in 2024 and $62.8 billion (approx. ¥8.93 trillion) by 2034, growing at a compound annual rate of 31.38%[4]. However, in Japan, AI-generated video and voice technologies are still in their infancy, with most applications focused on text and image generation. Comprehensive commercial use of AI in video production remains limited.

While global services like “Synthesia” and “HeyGen” have gained traction, Japan lacks services optimized for the domestic market, particularly in terms of Japanese-language support, avatar designs tailored for Japanese audiences, and user-friendly interfaces. AvaMo fills this gap, offering a solution tailored for Japanese users—with Japanese avatars, voiceovers, and an intuitive UI—while also supporting multilingual and global business needs.

Revolutionizing Video Production with AvaMo

Conventional video production involves multiple steps: planning, scripting, storyboarding, filming, and editing—often taking weeks to months and incurring significant costs. AvaMo simplifies this process by integrating templates, AI avatars, and natural text-to-speech (TTS) technology, allowing users to create professional-quality videos with just a few clicks. Powered by Tencent Cloud’s AI-driven digital human creation technology and Offshore Company’s intuitive interface, AvaMo makes video production more accessible to enterprises in Japan.

Key Features of AvaMo:

UI/UX Design Optimized for Japanese MarketTemplates, audio, and avatar expressions are fine-tuned for Japanese users.AI voice technology reproduces authentic Japanese intonation.Avatar models reflect Japanese corporate culture and lifestyle nuances.Beginner-Friendly, Automated WorkflowAI handles scenario creation, casting, filming support, and audio recording.Simple, click-based interface allows users with no prior experience to create compelling videos.Realistic Digital Human (Avatar) GenerationAdvanced AI generates lifelike avatars with nuanced facial expressions, lip-sync, and gestures.Avatars are created from short video samples (1–3 minutes), ensuring high-fidelity and real-time responsiveness.Versatile Templates and Custom AvatarsWide range of templates for advertising, branding, product demos, manuals, and more.Supports vertical video formats for TikTok, Instagram Reels, and YouTube Shorts.Over 120 avatar types available, with options for custom avatars[5] using personal face and voice data.Multilingual SupportTTS supports English, Chinese, Korean, and more than ten other languages, facilitating cross-border campaigns.Prevention of AI misuse and Privacy ProtectionStrict adherence to ethical and legal standards, including user consent and dual-layer content moderation (AI + human review).Proactive measures against misuse, including account suspension and reporting to authorities for serious violations.Industry-Leading SecurityOffshore Company is certified for ISMS (ISO27001), ensuring robust data privacy and information security for all clients.

Hanson Liu, Head of Tencent Cloud Japan, said, “We are excited to partner with Offshore Company in transforming Japan’s digital advertising industry. AvaMo leverages Tencent Cloud’s AI technology to simplify the creation of high-quality advertising content, enhancing customer engagement and optimizing marketing strategies for businesses.”

Kenta Noro, Representative Director of Offshore Company Co., Ltd. and CTO of Vector Group, said, “We are honored to launch this innovative AI video generation service for the Japanese market in collaboration with Tencent Cloud. There is a strong demand for intuitive, practical AI video tools tailored for Japan, and AvaMo delivers exactly that. By democratizing access to high-quality video production, we aim to empower more companies and individuals to harness the potential of AI, while leveraging the extensive PR and marketing expertise of Vector Group.”

[1] According to PRovoke Media’s “Global Top 250 PR Agency Ranking 2024,” Vector Inc. ranked 1st in Asia and 6th among global PR agencies in terms of global revenue.

[2] As of April 2025, according to Vector Inc.’s research based on a web survey of 10 major video generation AI services, AvaMo is the first commercial video generation service to support a Japanese user interface, Japanese avatars, and Japanese audio.

[3] Estimation: A comparison of conventional 30-second video production (12 hours, approximately 120,000 yen) and video generation by AvaMo (15 minutes, approximately 2,400 yen) as of April 2025.

[4] Source: Market Research Future “AI Video AI-video Generator Market Research Report

[5] Only available for paid plans.

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Offshore Company:

Offshore Company is a technology solutions provider specializing in AI and system development. Led by Vector Group CTO, Mr. Kenta Noro, the company brings together a team of over 1,000 engineers both in Japan and overseas, including highly experienced project managers with a strong track record in the financial industry. Offshore Company delivers high-quality, cost-effective solutions to address a wide range of development challenges faced by businesses. Leveraging its in-house expertise in AI model development, the company also offers cutting-edge AI services such as “AI Video Translator” and “AI Vertical Video,” supporting client companies in unlocking new business opportunities through advanced technology.

*According to PR Week Global Agency Business Report 2023.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tencent-cloud-and-vector-groups-offshore-company-launch-japans-first-ai-avatar-video-generation-service-avamo-302453168.html

SOURCE Tencent Cloud

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Trinasolar Powers Landmark 40 MW Northern Philippine Solar Project by PetroGreen

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MANILA, Philippines, May 13, 2025 /PRNewswire/ — Trinasolar, a global smart PV and energy storage solutions provider, has supplied 52,000 of its n-type i-TOPCon Vertex N 710-715W (NEG21C.20) modules for the Limbauan Solar Power Project (LSPP), a 40-megawatt direct current (MWdc) solar facility in San Pablo, Isabela, Philippines. Developed by BKS Green Energy Corporation (BKS), a subsidiary of Rizal Green Energy Corporation (RGEC), a joint venture between PetroGreen Energy Corporation (PGEC) and Japan’s TAISEI Corporation, the project aims to bolster Luzon grid’s renewable energy supply.

LSPP is projected to generate approximately 59 gigawatt-hours (GWh) of clean energy annually, sufficient to power around 33,000 households and reduce carbon dioxide emissions by about 31,700 metric tons. This initiative marks a significant step towards enhancing Philippines’ renewable energy infrastructure and promoting sustainable development.

The project is divided into two phases: a 6 MWdc Phase 1 connecting to the Isabela Electric Cooperative-II (ISELCO-II) system, and a 34 MWdc Phase 2 connecting to the National Grid Corporation of the Philippines’ (NGCP) 69 kV Tuguegarao-Cabagan line via a 4.73 km dedicated transmission facility.

Beyond supplying high-efficiency and high-power modules, Trinasolar actively contributed to the project’s success by providing training programs aimed at upskilling local talent. This initiative aligns with the project’s goal of employing approximately 500-600 workers at the peak of construction, fostering economic growth in the Cagayan Valley region.

Maria Victoria M. Olivar, PGEC Vice President for Business Development and Commercial Operations said, “We are thrilled to officially begin the installation of LSPP’s PV panels in the presence of our various stakeholders – private and public – especially local government officials of our host communities who are strong supporters of PetroGreen’s first investment in Region 2.”

Atty. Angelynn C. Salazar conveyed a message from Isabela Governor Rodolfo T. Albano III saying, “The project also serves as a powerful reminder of what can be achieved when government, private sectors, and local communities work together toward a common goal.”

Elva Wang, Trinasolar’s Group Director for Southeast Asia said, “Philippines boasts immense potential to harness solar energy to meet its rising energy demands. By integrating our Vertex N modules, featuring cutting-edge n-type i-TOPCon technology, into the LSPP, we are delivering exceptional efficiency and energy output. Building upon our successful partnership, including the 117MW supply agreement signed in April 2024, we are committed to supporting PetroGreen in accelerating the adoption of clean energy solutions across the nation.”

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/trinasolar-powers-landmark-40-mw-northern-philippine-solar-project-by-petrogreen-302450950.html

SOURCE Trina Solar Energy Development Pte. Ltd.

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NeosLegal Launches Founder’s Guide to UAE Crypto Laws: A First-of-Its-Kind Legal Resource for Crypto and Web3 Founders

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The UAE’s crypto laws decoded for founders – clear, practical, actionableOfficially launched at VC<>Startup Connect by Cointelegraph, with 1,700+ industry leadersBuilt by experts. Updated in real-time. Made for Web3 builders

DUBAI, UAE, May 12, 2025 /PRNewswire/ — NeosLegal, the UAE’s first crypto-native law firm, has launched the Founder’s Guide to UAE Crypto Laws — the first and only comprehensive legal guide created specifically for founders seeking to establish and scale their ventures in the UAE.

The guide debuted on April 14 during a dedicated policy and regulation event hosted by Solana’s Superteam in Dubai. Shared with 300+ Web3 founders and UAE policymakers, the early release marked the beginning of what is now positioned as the go-to legal reference for entrepreneurs entering the region.

The official launch took place on May 2 at VC<>Startup Connect: Dubai Edition, hosted by Cointelegraph Accelerator, DMCC, and NewTribe Capital, where over 1,700 guests received their exclusive copy of the guide.

In total, more than 2,700 founders pre-registered to receive a copy — a clear signal of the demand for practical legal clarity in the region’s complex regulatory landscape.

Launching at a Pivotal Moment for Crypto Regulation

As global interest in the UAE’s crypto ecosystem surges, this guide arrives at a critical inflection point. With evolving VASP frameworks, new institutional players entering the region, and regulators increasingly opening doors to innovation, founders can no longer rely on outdated or ambiguous advice. This guide was created to meet that need.

Trusted by Founders and Investors Worldwide. Supported by Regulators and Authorities.

While the UAE is widely regarded as one of the most progressive jurisdictions for virtual assets, its regulatory framework spans multiple authorities, each with specific mandates. These include the UAE Central Bank, the Securities and Commodities Authority (SCA), Abu Dhabi Global Market (ADGM), Dubai International Financial Centre (DIFC), and Dubai’s Virtual Assets Regulatory Authority (VARA).

For founders entering the market, understanding how these regulators operate, what their licensing paths involve, and how different economic zones compare is critical to making informed decisions.

Written in plain, founder-friendly language and updated in real time as new laws and regulations are introduced, the guide reflects the knowledge accumulated by NeosLegal over more than a decade of practice in crypto law and 300+ Web3 project engagements. It is a living online resource — not a static document — and will continue to grow in relevance as the UAE solidifies its position as a global crypto capital.

What the Guide Includes?

Unlike static legal PDFs, this is a digital guide that evolves alongside the UAE’s regulatory landscape. It includes:

Jurisdiction and entity structuring options for crypto projects in the UAEVASP licensing requirements and ongoing compliance obligationsLegal frameworks for fundraising and investor readinessOverview of UAE venture capital hubs and financial free zonesKey tax, IP, and regulatory considerations for Web3 business modelsExpert commentary, practical checklists, and founder-focused tools

The guide features contributions from leading voices across the UAE crypto ecosystem — including regulators, VCs, ecosystem builders, and legal innovators actively shaping the future of Web3.

Authored by the UAE’s Top Crypto Legal Team

The guide is led by Irina Heaver, Managing Partner at NeosLegal and one of the most recognized crypto lawyers in the Middle East. With over 18 years in the UAE and more than 300 crypto projects advised, Irina and her team have distilled years of hands-on regulatory experience into a single, practical resource that founders can actually use.

“Too many founders lose time and money navigating noise — wrong jurisdictions, missed VASP obligations, and unclear compliance paths,” said Irina Heaver. “This guide cuts through it all, offering a living, practical resource built for real-world decisions.”

The Founder’s Guide to UAE Crypto Laws is available for free download at: https://neoslegal.co/founders-guide-to-uae-crypto-laws-2025-edition

For more information or for media inquiries and interviews, pls connect with:

Katerina Pyshko: katerina.pyshko@neoslegal.co
Or
Ola Rajeh: Ola@unlock-bc.com

Photo – https://mma.prnewswire.com/media/2685030/Irina_ManagingPartner_NeosLegal.jpg

View original content:https://www.prnewswire.co.uk/news-releases/neoslegal-launches-founders-guide-to-uae-crypto-laws-a-first-of-its-kind-legal-resource-for-crypto-and-web3-founders-302452859.html

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