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NCS Establishes Joint Venture with Globe Telecom, To Acquire a Majority Stake in Yondu, Globe’s Technology Solutions Arm

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Joint venture accelerates NCS’ APAC expansion,
providing regional and global clients with expanded Global Delivery Network and greater access to Digital, Cloud, Data and AI services.

SINGAPORE, March 27, 2025 /PRNewswire/ — Technology services firm NCS today announced that it is expanding its Asia Pacific footprint through a joint venture with Globe Telecom in the Philippines. NCS has reached an agreement with Globe to acquire a majority stake in Globe’s IT arm Yondu in the Philippines, enabling its global clients to have greater access to digital, cloud, data and AI services.

The joint venture will scale NCS’ Philippines workforce from 150 to more than 1,200 professionals, making it a major technology services player in the country. It also expedites the expansion of NCS’ Global Delivery Network, combining NCS’ delivery capability and capacity with Yondu’s resources and skills.

In addition, NCS will bring in its global resources in digital, cloud, data and AI services to augment Yondu’s service offerings, which currently include Custom Software Development, eCommerce Solutions and Cloud platforms.

The new joint venture entity will be renamed NCS Philippines following the closing of the transaction.

Ng Kuo Pin, CEO, NCS, said, “This joint venture marks a significant milestone in our APAC growth journey as we continue to invest to meet the region’s growing demand for technology services, in particular, AI-led solutions. Globe and Yondu’s deep country expertise, coupled with NCS’ technology capabilities, will increase our capacity to further drive business transformation and innovation, especially in the telecommunications sector. It will offer greater value to our global clients, who will benefit from our expanded Global Delivery Network as well as greater access to our digital, cloud, data and AI services.”

According to IDC, the APAC IT services market is forecast to grow at a compound annual growth rate of 6.2% from 2024 to 2028, and the Philippines at 8.7% in the same period[1].

Ernest L. Cu, President and Chief Executive Officer of Globe shared that, “Information Technology is the bedrock on which industries are built on. Information Technology enables, and changes our question from ‘how do we use this’ into ‘what other good things can we do with this?’ Our vision for Yondu is to be a force for good through effective IT products and services. Partnering with

NCS will unlock new global opportunities, enabling Yondu to expand its reach and deliver more impactful IT solutions worldwide.”

As part of the transaction, NCS, through its wholly owned subsidiary NCSI Holdings, will acquire a 51% stake in Yondu, which will have a post-transaction enterprise value of PHP 1,868 million (approximately S$44 million), for a total net consideration of PHP 134 million (approximately S$3 million), subject to net cash and debt adjustments pursuant to the joint venture agreement. The PHP 134 million consideration paid by NCS is net of the PHP 818 million (approximately S$19 million) used by Yondu to acquire the existing NCS’ subsidiary, NCSI Philippines. The transaction will be funded using cash and internal resources.

The closing of the transaction is subject to the satisfaction of certain conditions precedent.

As of 31 Dec 2023, the audited net asset value of NCS’ 51% stake in Yondu is PHP 605 million (approximately S$14 million) and the audited net asset value of NCSI Philippines as of 31 Mar 2024 is PHP 206 million (approximately S$5 million).

About NCS

NCS, a subsidiary of Singtel Group, is a leading technology services firm with presence in Asia Pacific and partners with governments and enterprises to advance communities through technology. Combining the experience and expertise of its 13,000-strong team across 57 specialisations, NCS provides differentiated and end-to-end technology services to clients with its NEXT capabilities in digital, data, cloud and platforms, as well as core offerings in application, infrastructure, engineering and cybersecurity. NCS also believes in building a strong partner ecosystem with leading technology players, research institutions and start-ups to support open innovation and co-creation. For more information, visit ncs.co.

About Globe

Globe Telecom, Inc. is a leading digital platform in the Philippines, with major interests in telecommunications, financial technology, digital marketing solutions, corporate venture building and venture capital funding for startups. The company serves the telecommunications and technology needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connectivity, internet and managed services. In 2019, Globe became a signatory to the United Nations Global Compact, committing to implement universal sustainability principles. Its principals are Ayala Corporation and Singapore Telecommunications, Ltd. (Singtel), acknowledged industry leaders in the country and in the region. It is listed on the Philippine Stock Exchange under the ticker symbol GLO and had a market capitalization of US$5.4 billion as of the end of December 2024.

For more information, visit www.globe.com.ph. Follow @enjoyglobe on Facebook, X, Instagram and YouTube.

About Yondu

Yondu, Inc. is a leading IT solutions provider in the Philippines with over 20 years of expertise. A wholly-owned subsidiary of Globe, Yondu delivers secure, scalable, and innovative solutions such as Custom Software Development, Managed Security Services, eCommerce Solutions, Cloud Services, and Ready-to-Use Platforms.

Yondu’s success stems from a dedicated workforce and a commitment to delivering cutting-edge solutions aligned with our vision of shaping the future of IT in the Philippines. Trusted by clients nationwide, Yondu continues to drive technological advancements and transform ideas into reality for businesses across various industries.

For more information, visit www.yondu.com. Follow us on socials; @yonduinc on Facebook, Instagram, and @YonduInc-Tech on YouTube

[1] IDC Worldwide Black Book 3rd Platform Edition, V4 2024

View original content:https://www.prnewswire.com/apac/news-releases/ncs-establishes-joint-venture-with-globe-telecom-to-acquire-a-majority-stake-in-yondu-globes-technology-solutions-arm-302412887.html

SOURCE NCS

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BOAT ROCKER MEDIA ANNOUNCES FILING OF MANAGEMENT INFORMATION CIRCULAR FOR SPECIAL MEETING OF SHAREHOLDERS

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TORONTO, May 9, 2025 /CNW/ – Boat  Rocker Media Inc. (“BRMI” or the “Company”) (TSX: BRMI) announced today that it has filed its notice of meeting, management information circular and related documents (collectively, the “Meeting Materials”) with securities regulators in connection with the special meeting (the “Meeting”) of the holders (the “Shareholders”) of subordinate voting shares and multiple voting shares of the Company. The Meeting Materials can be accessed either on the Company’s website at www.boatrocker.com or under the Company’s SEDAR+ profile at www.sedarplus.ca.

The Meeting is to be held on June 17, 2025, at 10:00 a.m. (Toronto time) at the offices of Stikeman Elliott LLP, 5300 Commerce Court West, 199 Bay Street, Toronto, Ontario, M5L 1B5, Canada. Only Shareholders whose names have been entered in the register of the Company as at the close of business on April 21, 2025, the record date for the Meeting, or their duly appointed proxyholders, will be entitled to receive notice of and vote at the Meeting or any adjournment(s) or postponement(s) thereof.

At the Meeting, Shareholders will be asked to pass resolutions approving, among things, (i) the reverse take-over of BRMI by Blue Ant Media Inc. (“Blue Ant”), a privately owned company controlled by Michael MacMillan, (ii) the management buyout of Boat Rocker Studios by BRMI Co-Founders and Co-Executive Chairmen, David Fortier and Ivan Schneeberg, and BRMI CEO John Young, and (iii) the sale of the Company’s interests in The Initial Group Global, LLC (“The Initial Group”), a U.S. talent management business, to Fairfax Financial Holdings Limited (collectively, the “Transaction”).

Shareholders are encouraged to vote well in advance of the proxy cut-off time of 10:00 a.m. (Toronto time) on June 13, 2025.

If you have any questions regarding the Transaction or how to vote your shares, please contact the Company’s proxy solicitation agent, Carson Proxy Advisors: (i) by telephone at 1-800-530-5189 (North American toll free); or (ii) by email at info@carsonproxy.com.

About Boat Rocker Media Inc.

Boat Rocker (TSX: BRMI) is the home for creative visionaries. An independent, integrated global entertainment company, BRMI’s purpose is to tell stories and build iconic brands across all genres and mediums. With offices around the world, BRMI’s creative and commercial capabilities include Scripted, Unscripted, and Kids and Family television production, distribution, brand & franchise management, a world-class animation studio, and talent management through a minority stake in The Initial Group, a new company launched by TPG. A selection of BRMI’s projects include: Invasion (Apple TV+), Palm Royale (Apple TV+), Video Nasty (BBC Northern Ireland, BBC Three, Virgin Media One, WDR), This Is the Tom Green Documentary (Prime Video), Orphan Black: Echoes (AMC), American Rust: Broken Justice (Prime Video), Beacon 23 (MGM+), Pretty Baby: Brooke Shields (Hulu), Downey’s Dream Cars (Max), BS High (HBO), Orphan Black (BBC AMERICA, CTV Sci-Fi Channel), Billie Eilish: The World’s a Little Blurry (Apple TV+), The Next Step (BBC, Corus, CBC), Daniel Spellbound (Netflix), and Dino Ranch (Disney+, Disney Junior, CBC). For more information, please visit www.boatrocker.com.

Forward-Looking Information / Cautionary Statements

Certain information contained in this news release may be forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “will”, “may”, “would” and “should” and similar expressions or words suggesting future outcomes. These forward-looking statements reflect material factors and expectations and assumptions of the parties. These forward-looking statements include the assumptions: that the Transaction is able to be completed on the timelines and on the terms currently anticipated; that all regulatory and other required approvals can be obtained on the timelines and in the manner currently anticipated; that the anticipated benefits of the transaction are able to be achieved; that the businesses of both BRMI and Blue Ant will continue to operate in a manner consistent with past practice; and that the parties’ transition plans are effective.

The parties’ estimates, beliefs and assumptions are inherently subject to uncertainties and contingencies regarding future events and, as such, are subject to change. Risks and uncertainties not presently known to the parties or that they presently believe are not material could cause actual results or events to differ materially from those expressed in the forward-looking statements. Additional information on these and other factors that could affect events and results are included in other documents and reports that will be filed by BRMI with applicable securities regulatory authorities and may be accessed through the SEDAR+ website (www.sedarplus.ca). Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the parties’ expectations only as of the date of this press release. The parties disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

U.S. Securities Matters

None of the securities to be issued pursuant to the Transaction have been or will be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. The resulting issuer securities to be issued in the Transaction are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to section 3(a)(10) of the U.S. Securities Act and applicable exemptions under state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

SOURCE Boat Rocker Media Inc.

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The Secret to Turning Back Time: DermRays Skincare Device Makes Women Look 10 Years Younger

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PLEASANTON, Calif., May 10, 2025 /PRNewswire/ — Every woman dreams of reversing the clock and reclaiming youthful, radiant skin. This Mother’s Day, make that dream a reality with DermRays Skincare Device-the perfect gift for moms and yourself! From May 1-15, enjoy an exclusive $120 OFF during our Mother’s Day Sale. 

DermRays offers two cutting-edge devices tailored to different skincare needs: 

DermRays Revive: Designed for mature skin, this device combats wrinkles, fine lines, and loss of elasticity with advanced 1064nm laser therapy, restoring a lifted, firmer look. DermRays FusionGlow: Ideal for younger users, it tackles acne, dullness, and uneven texture with red and blue light therapy, promoting clearer, glowing skin. DermRays LED: Your daily skincare companion: blue, red, infrared, and mixed light for every need. FDA-cleared safety with built-in eye cups for added protection. Only 15 minutes a day for youthful and radiant skin.

According to the DermRays R&D team, an exciting 1450nm laser skincare device is currently in development and is expected to launch later this year. “We are committed to continuously innovating to meet women’s skincare needs,” says Dr. Yang Lin, dermatology consultant for DermRays. “Our upcoming laser technology will further enhance skin rejuvenation, offering even more transformative results.

“Looking 10 years younger isn’t just a fantasy-it’s achievable with the right technology,” says Dr. Yang Lin, dermatology consultant for DermRays. “Our devices provide salon-quality results at home, making skincare effortless and effective.” 

Don’t miss this limited-time offer! Visit DermRays.com and use code MOTHER120 at checkout. Give the gift of timeless beauty this Mother’s Day-because every woman deserves to feel her best. Stay tuned for the groundbreaking 1450nm laser device and witness how DermRays continues to revolutionize women’s skincare. 

Video – https://www.youtube.com/watch?v=xs7jnzuQX08

 

View original content:https://www.prnewswire.co.uk/news-releases/the-secret-to-turning-back-time-dermrays-skincare-device-makes-women-look-10-years-younger-302449922.html

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StarCharge Unveils Cutting-Edge BESS Solution at Intersolar 2025

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MUNICH, May 10, 2025 /PRNewswire/ — StarCharge, a global leader in EV charging infrastructure, energy, and digital solutions, has unveiled its latest BESS solution at Intersolar 2025. The launch attracted considerable attention, with a high volume of customers visiting the booth to explore the latest 5MWh BESS solution. Numerous clients showed strong interest and engaged in in-depth consultations, highlighting the market’s enthusiasm for innovative and scalable energy storage solutions.

StarCharge 5MWh Container Energy Storage System

The 5MWh Container Energy Storage System is optimized for utility-scale application, ensuring peak shaving and enhancing grid stability. It features high-performance 314Ah LFP battery cells, BMS, Aerosol Fire Suppression System (FSS) and Environmental Control System, all housed within a 20 feet standardized container. The container is highly corrosion-resistant and complies with global environmental standards, ensuring its resilience in a variety of operating conditions.

Tailored for the European market, the system is well-suited for use as standalone BESS projects, distributed energy storage power stations, industrial and commercial microgrids, EV charging hubs, and renewable energy storage facilities. Its flexible and scalable design addresses the growing demand for reliable energy infrastructure amid Europe’s accelerating transition to renewables and electric mobility.

Future Prospects

Intersolar 2025 marks the international debut for StarCharge 5MWh BESS solution, representing a significant milestone in the company’s global expansion strategy. By leveraging its integrated manufacturing capabilities in ESS containers, battery packs and PCS systems, StarCharge is well-poised to contribute significantly to global energy sustainability efforts.

“As the global energy sector rapidly evolves, StarCharge remains resolutely focused on integrating advanced technologies that support global energy independence,” said a spokesperson for StarCharge. “Our participation at Intersolar 2025 represents a pivotal moment in advancing our strategic initiatives, as we empower businesses, utilities, and communities worldwide with innovative energy solutions.”

About StarCharge

StarCharge, a global leader in EV charging infrastructure and comprehensive energy solutions. It offers a diverse range of intelligent and reliable charging and BESS solutions powered by cutting-edge technology, designed to cater to various scenarios and contribute to building a more efficient and resilient energy future.

For more information, please visit www.starcharge.com or contact BESSinfo@starcharge.com.

View original content:https://www.prnewswire.co.uk/news-releases/starcharge-unveils-cutting-edge-bess-solution-at-intersolar-2025-302451578.html

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