SINGAPORE, April 22, 2026 /PRNewswire/ — Oiltek International Ltd (SGX: HQU), a 45-year-old veteran in process technology and renewable energy, is poised to redefine the regional green energy landscape. Headquartered in Malaysia and currently listed on the Singapore Exchange (SGX), the company is currently at a transformative inflection point, positioned to lead the regional Sustainable Aviation Fuel (SAF) revolution.

Described by market as the “Nvidia of Asia in Vegetable Oil Process,” Oiltek distinguishes itself as a process inventor rather than a traditional service provider, maintaining an unrivaled competitive moat through its powerhouse portfolio of in-house proprietary patents. This “hidden gem” covers the entire value chain, from advanced refining solutions for edible and non-edible oils like palm and soybean to high-value life sciences and specialty fats used in pharmaceuticals and nutraceuticals. By maintaining a diverse global presence, Oiltek has no concentration risk, effectively decoupling its long-term growth from regional economic volatility.

The SAF Breakthrough: A RM1.4 Billion Quantum Leap

The recent Heads of Agreement (HOA) with BioSeaga Industries for a Sustainable Aviation Fuel (SAF) biorefinery in Sabah represents a transformative milestone that signals an exponential earnings inflection. This single project is valued at approximately RM1.4 billion (US$350 million), a figure expected to quintuple Oiltek’s total order book to a record RM1.75 billion – RM1.8 billion upon finalization. Consequently, leading analysts project that this contract will cause FY27 net profit to quadruple to approximately RM167 million, driven by an incredible 300% year-on-year surge in Earnings Per Share.

Anchoring a Gold-Standard ESG Framework

Oiltek’s rapid expansion is anchored in a gold-standard ESG framework, where sustainability acts as a primary business driver rather than just a compliance requirement. As a certified RSPO member, the company utilizes proprietary waste-to-value technology to convert Palm Oil Mill Effluent (POME) and used cooking oil into premium SAF feedstock, directly benefiting from global decarbonization mandates and aviation net-zero 2050 commitments. This operational excellence is further bolstered by full PLC/DCS automation for maximum energy efficiency and high governance standards, including a multi-disciplinary board and high gender diversity within its workforce.

“Low-risk, high-reward” gem perfectly positioned at the intersection of global food security and the green energy revolution

Leveraging on a high-margin recurring income model by evolving from a project-based firm into a long-term asset owner, Oiltek International is specifically through the Right of First Refusal (ROFR) for equity stakes in projects like the BioSeaga deal, even a modest 10% ownership position is projected to generate substantial and positive recurring income, potentially contributing a volume of profit nearly equivalent to the company’s entire bottom line for 2025. Supporting this is an “asset-light” balance sheet characterized by an engineering-driven approach with low capital expenditure, allowing the company to maintain a fortress-like financial position with approximately RM100 million in net cash and zero bank borrowings. This superior efficiency is reflected in a projected Return on Equity (ROE) of 77.8%–95.0% by 2027, far outperforming traditional engineering and technology peers

Strategic Advantage Amidst Global Volatility

As global markets navigate escalating oil prices and geopolitical uncertainty, Oiltek’s comprehensive coverage of the renewable energy segment provides a critical hedge. The company’s proprietary “Waste-to-Value” technology converts Palm Oil Mill Effluent (POME) and used cooking oil into high-value feedstocks, making it an indispensable partner for global decarbonization mandates and the transition to Net-Zero 2050.

Looking ahead, Oiltek’s future ESG strategy is positioned to capitalize on global net-zero 2050 commitments and regional biodiesel mandates such as B10 and B20. By transitioning from a traditional service provider to a process inventor and long-term asset owner, the company aims to become the indispensable mid-cap player for complex POME-to-SAF mandates in Southeast Asia. This strategy is reinforced by the landmark Sabah SAF biorefinery project, which serves as a blueprint for future large-scale renewable energy facilities that integrate high-margin recurring income with significant environmental contributions.

About Oiltek International Ltd

Oiltek International Ltd (SGX: HQU) is a leading regional integrated process technology and renewable energy solutions provider. With over 45 years of proprietary innovation, the Group provides high-margin, engineering-driven solutions for the global vegetable oil and renewable energy industries.

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SOURCE Oiltek International Ltd

Harte International Galleries to launch first of its kind “gallery in your pocket”.

LAHAINA, Hawaii, April 21, 2026 /PRNewswire/ — Following the devastating Maui wildfire of August 8, 2023, which destroyed its Lahaina gallery, Harte International Galleries announces the launch of FIRST LOOK, an innovative digital application designed to bring investment grade art directly to collectors. This new “gallery in your pocket” app ensures continued access to masterworks and new releases, embodying the gallery’s resilience and commitment to its clientele.

To explore the FIRST LOOK app and discover its unique offerings, please visit: www.hartegalleries.com

Reimagining Art Access 

“FIRST LOOK from Harte International Galleries is not just an app; it’s a vibrant new chapter for art enthusiasts, offering an engaging and informative way to discover masterpieces by iconic artists such as Picasso, Chagall, Miro, Salvador Dali and even Sir Anthony Hopkins at discounted prices, thanks to the elimination of traditional gallery overheads, making world-class art more accessible and enjoyable than ever before,” said Glenn Harte.

With physical rebuilding efforts in Lahaina currently stalled, Glenn and Devon Harte, owners of Harte International Galleries, developed FIRST LOOK as a direct response to the loss of their physical space. This digital platform allows the gallery to rebuild its inventory and continue serving loyal collectors without the overhead of a traditional brick-and-mortar location. The app provides a fun, informative, and accessible way to engage with fine art.

Direct Access to Masterworks

FIRST LOOK offers collectors unparalleled, immediate access to new acquisitions and exclusive releases. Members receive instant notifications on their mobile phones, complete with images, detailed descriptions, and pricing for each piece. This direct communication channel allows members to inquire about art with a single tap, connecting them directly with the gallery owners.

The app features a curated selection of renowned artists and masterworks, including:

Masterworks: Picasso, Chagall, Miro, Matisse, Rembrandt, Durer, Salvador Dali.New Releases: Sir Anthony Hopkins and famed graffiti artist Rascal.

By leveraging FIRST LOOK, Harte International Galleries continues its legacy of providing access to exceptional art, adapting to new realities while maintaining the highest standards of quality and authenticity. Further information about the app and its offerings is available at: www.hartegalleries.com 

Harte International Galleries, formerly of Lahaina, Maui has rebuilt with a digital gallery for serious collectors, called FIRST LOOK.

Known for offering museum grade art from Picasso, Chagall, Miro, Matisse, Dali, Rembrandt, Durer, Sir Anthony Hopkins and Rascal – Harte International Galleries uses innovation to create a digital gallery.

go to: www.hartegalleries.com

Media Contact:
Glenn Harte
glennharte@hartegalleries.com 

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SOURCE Harte International Galleries

New research reveals Aiper holds the position of the world’s No.1 brand of smart robotic pool cleaners based on 2026 manufacturer sales volume worldwide

SYDNEY, April 22, 2026 /PRNewswire/ — As technologies like artificial intelligence (AI) become embedded in everyday life1, homeowners are embracing innovation more than ever. This trend is reflected in new global research which names Aiper the world’s No.1 brand of smart robotic pool cleaners*. From robot vacuums indoors to smart security, lighting and energy systems, homeowners are now seeking systems that help optimise energy use, align with cost-saving goals and reduce environmental impact, without sacrificing comfort or convenience.

According to independent research by Euromonitor International, completed in December 2025, Aiper ranked No.1 globally based on manufacturer sales volume worldwide. The findings come as smart home adoption accelerates globally, valued at more than $147 billion USD in 2025 and projected to grow rapidly over the next decade2, as households prioritise automation that improves efficiency and supports sustainability goals.

Pool care is following the same trajectory. With more than 3.1 million Australians living in homes with a swimming pool or spa3, demand is growing for intelligent, low-effort systems that can operate autonomously, efficiently and reliably, while helping households manage energy use and ongoing maintenance costs.

Aiper’s innovation-led approach was formally recognised at the 2026 Consumer Electronics Show (CES) in Las Vegas, where Euromonitor International presented Aiper with an official certificate acknowledging its global sales leadership. The recognition highlights not only the brand’s growth, but the accelerating mainstream adoption of intelligent robotics in outdoor living.

Aiper’s next innovation, the Scuba V3, is the world’s first cognitive AI-powered robotic pool cleaner. Lightweight and easy to use, it cleans 10x faster with AI vision that identifies 20+ debris types in 3 seconds. Using Cognitive AI Navium™ mode, it automatically adapts cleaning paths, suction, and frequency to each pool, delivering a true set-it-and-forget-it experience for crystal-clear water. Demonstrating how robotics and AI can support more sustainable, low-effort outdoor living while helping households better manage energy and water use.This model will be available in the Australia market during Spring season.

This growing momentum is also being recognised by Aiper’s key retail partner in Australia, Clark Rubber. “At Clark Rubber, we’re seeing strong growth in demand for smarter, more efficient pool care solutions as Australian households look to reduce maintenance time, energy use and overall costs. Aiper’s global recognition reflects the increasing role that innovation and intelligent technology are playing in outdoor living. As a key retail partner, we’re excited to bring these advanced solutions to Australian consumers and support the shift toward more sustainable, low-effort pool ownership.” said Anthony Grice, CEO Clark Rubber.

For Australian households, long swimming seasons, outdoor lifestyles, and rising energy costs make smart, efficient systems a practical necessity. Aiper’s global recognition marks a turning point for smart outdoor living, where advanced robotics and AI are increasingly powerful, accessible, and sustainable, shaping the way modern homes evolve. For more information, visit https://aiper.com/au/home

Research and Citations

https://hai.stanford.edu/ai-index/2025-ai-index-report  https://www.fortunebusinessinsights.com/industry-reports/smart-home-market-101900https://www.roymorgan.com/findings/9311-australian-swimming-pool-ownership-march-2023

About Aiper

Aiper is the global pioneer of cordless robotic pool cleaning technology and a leader in smart yard product solutions. Aiper empowers homeowners to transform their backyards into a personal vacation retreat with the help of innovative, smarter, and greener product solutions. Aiper has been recognised as a CES Innovation Awards honouree in 2023, 2024, and 2025, underscoring its commitment to pioneering smart yard solutions.

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SOURCE Aiper