October 11, 2022 – Page 2 – Business Observer

October 11, 2022

AGC Obtains Its First Environmental Product Declaration for Architectural Glass Products in Asia-Pacific Region

TOKYO, Oct. 11, 2022 /Kyodo JBN-AsiaNet/ –AGC Inc. (hereinafter “AGC”), headquartered in Tokyo, has announced the acquisition of its first Environmental Product Declaration (EPD) for float glass manufactured at its two Asian plants, PT Asahimas Flat Glass Tbk (*1) (headquartered in Indonesia) and AGC Flat Glass (Thailand) Plc. (headquartered in Thailand). This is the first EPD attained by the AGC Group for the architectural glass manufactured in the Asia-Pacific region (*2).

Logo: https://kyodonewsprwire.jp/img/202210047629-O1-xg94sU3n

EPD: ( https://ecoleaf-label.jp/pdf_view.php?uuid=ec3052ba-dff5-4cbe-b1ea-7155c94ab795.pdf&filename=JR-BS-22001E_ENG.pdf)

The EPD obtained by AGC discloses the environmental impact of the production stage for architectural glass, and it benefits owners, architects, specifiers, and building professionals by enabling to evaluate the environmental impacts associated with building materials.

The EPD is a type III environmental declaration which is compliant with the ISO 14025 standard and verified by the Sustainable Management Promotion Organization’s (SuMPO) Japan EPD Program. The environmental declaration also meets the requirements of the government’s building regulations, as well as contributing to earning points for obtaining green building scheme certifications, since green building rating systems (*3) award credits for building projects that use EPD-certified materials.

The AGC Group will utilize this EPD to contribute to green purchasing and procurement in the construction industry in Asia. The company will also widen its EPD coverage to high-performance glass products, such as coated glass, double glazing units and decorative glass manufactured at Asian plants.

The AGC Group has set the “promotion of sustainability management” as one of the priority issues in its medium-term management plan “AGC plus-2023,” and has set a target of achieving net zero GHG emissions from its business activities by 2050. The AGC Group will continue to contribute to the realization of a sustainable global environment by reducing GHG emissions and supplying products and technologies that contribute to energy conservation and energy creation.

Notes:

(*1) PT Asahimas Flat Glass Tbk is part of the global AGC group. Asahimas Flat Glass was established as a joint venture in 1973 between Asahi Glass Co., Ltd. (now AGC Inc.) and PT Rodamas (Indonesian distributor of glass and related customer goods).

(*2) AGC Glass Asia Pacific leads the sales and marketing activities of architectural, interior, automotive, industrial and smart glass products for the Asia-Pacific region. It is part of the Architectural Glass Asia Pacific Company, AGC Inc., headquartered in Japan, and its regional headquarters in Singapore was established in 2013. For more information about AGC Glass Asia Pacific’s sustainability initiatives, visit https://agc-glassasia.com

(*3) LEED (Leadership in Energy and Environmental Design) rating system by U.S. Green Building Council and Green Mark Certification Scheme by Singapore Building and Construction Authority are examples of green building rating systems.

Source: AGC Inc.

October 11, 2022

MultiChoice partners with The Earthshot Prize

MultiChoice partners with global environmental initiative The Earthshot Prize to find and spotlight ground-breaking solutions across Africa with the potential to repair the planet

Nairobi, Oct. 11, 2022 (GLOBE NEWSWIRE) — MultiChoice today announced its media broadcast partnership with The Earthshot Prize to help accelerate and spotlight the ingenuity and ambition of innovators, activists and scientists across Africa who are working to address the climate crisis on the African continent and around the world.

The Earthshot Prize aims to find scalable solutions to address the world’s biggest environmental problems and repair the planet over the next 10 years. The Prize is awarded to winners in five categories, with each winner receiving £1 million grant to scale their work.

The partnership aims to raise awareness and understanding of The Earthshot Prize across Africa, supporting local finalists and highlighting their innovative solutions and mobilizing communities to address sustainability challenges.

“As the leading entertainment company in Africa, we have an extensive footprint on the continent – we reach 21.8 million households across 50 countries. We are well positioned to make a meaningful contribution to create a sustainable future in Africa. This partnership will enable us not only to educate communities on climate change, but to also encourage innovators to pitch their solutions, inspire other corporates to join the fight against climate change and to motivate governments to prioritize climate change as part of their national agendas”, said Imtiaz Patel, MultiChoice Group Executive Chairman.

MultiChoice is a Member of The Earthshot Prize Global Alliance, a global network of non-profit and international organizations committed to the environment and sustainable development. The collective power of the Global Alliance gives the winners and finalists of the Prize access to resources across numerous professions and sectors including manufacturing, retail, supply chains, legal advice, digital technology, business strategy and government relations.

“There are thousands of game changers and entrepreneurs committing their lives to solving our generations’ biggest challenges; investment and support is critical for each of them to fulfil their vision,” said Hannah Jones, CEO of The Earthshot Prize. “MultiChoice is a deeply impactful partner and we are inspired by their incredible investment into The Earthshot Prize, one which will shine a spotlight on a multitude of solutions that might otherwise go unseen, pull hundreds of others into focus across the continent, and inspire a new generation of innovators.”

For the next eight years, The Earthshot Prize will launch a global search every year for ground[1]breaking solutions to five Earthshot goals – Protect and Restore Nature, Clean Our Air, Revive Our Oceans, Build a Waste-Free World and Fix Our Climate.

The Earthshot Prize was first launched in 2021 with three African organizations selected as finalists – Sanergy (from Kenya), Reeddi Capsules (from Nigeria) and Pole Pole Foundation (from the Democratic Republic of Congo).

By spotlighting these innovators and their solutions, the Prize aims to spark the world’s collective imagination to drive a collective mindset of urgent action on the issues surrounding the climate crisis.

MultiChoice recognizes the importance of collaboration and partnerships to address socio[1]economic challenges. In the last 30 years, it has consistently partnered with non-profit organizations, civil society and governments to drive social change.

For more information about The Earthshot Prize click here: https://earthshotprize.org/

ENDS

About The Earthshot Prize

Founded by Prince William and The Royal Foundation in 2020, The Earthshot Prize is a global environmental prize to discover, accelerate, and scale ground-breaking solutions to repair and regenerate the planet. Inspired by President John F. Kennedy’s Moonshot which united millions of people around the goal of reaching the moon, The Earthshot Prize aims to catalyse an Earthshot challenge to urgently encourage and scale innovative solutions that can help put the world firmly on a trajectory towards a stable climate, where communities, oceans, and biodiversity thrive in harmony by 2030. The five Earthshot challenges are: Protect and Restore Nature; Clean Our Air; Revive Our Oceans; Build a Waste-free World; and Fix Our Climate.

The Prize aims to turn the current pessimism surrounding environmental issues into optimism, by championing inspiring leadership and helping to scale incredible cutting-edge solutions. More than a Prize, it works in partnership with a Global Alliance of Partners to support the scaling of the solutions discovered and selected each year.

The Earthshot Prize Global Alliance is an unprecedented network of organizations worldwide which share the ambition of the Prize. The Global Alliance Founding Partners are a group of leading global organizations and philanthropists which act as strategic funding partners to the Prize, including Aga Khan Development Network, Bezos Earth Fund, Bloomberg Philanthropies, Breakthrough Energy Foundation, Coleman Family Ventures, DP World in partnership with Dubai EXPO 2020, Eleven Eleven Foundation, Holch Povlsen Foundation, Jack Ma Foundation, Legado Para A Juventude, Marc and Lynne Benioff, Paul G. Allen Family Foundation, and Rob & Melani Walton Foundation.

About MultiChoice Group

MultiChoice Group (MCG), which listed in the Main Board of the JSE on 27 February 2019, is one of the fastest-growing video entertainment providers globally, delivering entertainment products and services to 21.8m households across 50 countries on the African continent. Its track record of more than 30 years is reflective of a commitment to provide audiences with only the best local, sport and international content.

MCG’s strong partnerships with distributors, installers and telecommunication companies, along with its well-established payment solutions, competitive pricing and choice of viewership packages continue to secure its place in the global market, while also providing solutions unique to the African market. Its direct-to-home (DTH), digital terrestrial television (DTT) and over-the-top (OTT) solutions enable the business to stay relevant and aligned to changing consumer habits while capturing new markets.

Content is at the very core of the business. MCG aims to deliver quality content anywhere, anytime and on any device through a comprehensive video entertainment offering at different price points. As pioneers in African video entertainment, MCG plays an important role in making information and entertainment easily accessible to Africans.

MCG aims to secure content rights in a manner that is cost-effective and reflective of the diversity of its audiences. Its substantial portfolio includes award-winning local content (a key differentiator in its service offering), a leading sport offering (including production capabilities) and access to international content, which is all shared on the group’s platforms: DStv, GOtv, Showmax, M-Net and SuperSport.

MCG has superior technology capability through the security solutions that Irdeto, its technology company, brings to the group. These solutions enable MultiChoice to protect its investment, create new offerings and combat cybercrime. With 50 years’ expertise in software security, Irdeto’s software security solutions and cyber services protect over 5bn devices and applications for some of the world’s best brands.

Litlhare Moteetee
MultiChoice Group Ltd
Litlhare.Moteetee@multichoice.co.za

October 11, 2022

Alwaleed Philanthropies signs a five-year partnership with Al Hilal Saudi Club for Women Sports

RIYADH, Saudi Arabia, Oct. 11, 2022 /PRNewswire/ — Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Al Saud, has signed a five-year partnership with Al Hilal Saudi Club for Women Sports.

Alwaleed Philanthropies and Al Hilal Saudi Club sign MOU

In line with Vision 2030, the partnership is committed to promoting women’s participation in sports and contributing to high-level experiences across the spectrum of the industry. The partnership comes by way of changing attitudes toward female athletes, as Al Hilal Saudi Club continues to deliver on its mandate to drive excellence for women in sports.

The MOU agreement was signed by HRH Princess Lamia bint Majed Saud Al Saud, Secretary General of Alwaleed Philanthropies; and Fahad Bin Nafel the Chairman of the Board of Al Hilal Saudi Club. With the presence of Mr. Suleiman Al-Hattlan, Vice Chairman of the Board of Directors of Al Hilal Saudi Club; members of the Al Hilal Saudi Club Board of Directors, Mr. Faisal Al-Ghashian, Mr. Salman Al-Tuwaijri; and Mr. Sultan Alsheikh, CEO of Al Hilal Investment Club company.

The agreement took place on Sunday 09 October 2022 at the Four Seasons Hotel in Riyadh, with the presence of Eng. Abdullah bin Abdulaziz Al Jarbou, Executive Director of Al Hilal Saudi Club, and Eng. Najla Al Junaid, Executive Director of National Initiatives in Alwaleed Philanthropies.

HRH Princess Lamia bint Majed Saud Al Saud, Secretary General of Alwaleed Philanthropies, said, “Over the years, Alwaleed Philanthropies has worked tirelessly to empower women in Saudi Arabia and across the globe. This initiative is our continued shared efforts with Al Hilal Saudi Club to drive women’s advancement and make accessible new areas of opportunity for young women to demonstrate the strengths of female sports cadres in the Kingdom. We are committed to realizing women as leaders within an integrated and diverse sports system. In line with Vision 2030 and sustainable development goals, we are committed to providing stellar experiences by way of broadening opportunities and reframing the culture of women in sports.”

Commenting on the partnership, Fahad bin Saad bin Nafal, Chairman of Al Hilal Saudi Club, said, “We are very pleased to sign the agreement with Alwaleed Philanthropies, a pioneer in the field of humanitarian aid and one of the most influential institutions playing an important role in supporting communities and philanthropic projects globally. The agreement contributes to advancing women in sports – cementing the establishment of our sports division dedicated to women at Al Hilal Saudi Club. Since the division’s establishment in August, we have kicked off seven sports activities, with more to come. We look forward to realizing our collective partnership goals and leveraging the diverse opportunities in the field.”

Over four decades, Alwaleed Philanthropies has supported and spent more than 16.5 billion dollars on social welfare and initiated more than 1000 projects in over +189 countries, managed by 10 Saudi female members – reaching more than 1 billion beneficiaries around the world, regardless of gender, race, or religion. Alwaleed Philanthropies collaborates with a range of philanthropic, governmental, and educational organizations to combat poverty, empower women and youth, develop communities, provide disaster relief, and create cultural understanding through education.

Photo – https://mma.prnewswire.com/media/1918110/Alwaleed_and_Al_Hilal.jpg

October 11, 2022

aespa and artist Blake Kathryn create first-of-its-kind NFT collection

connecting dotts and INVNT.ATOM bring artists together for a Limited Edition NFT Drop and Auction, Available Exclusively through Sotheby’s Metaverse

Singapore, Oct. 10, 2022 (GLOBE NEWSWIRE) — aespa, the massively popular and future forward female K-Pop group from SM Entertainment, which includes four real members as well as their respective online avatars, is joining forces with visual artist and NFT queen Blake Kathryn, to launch an exclusive NFT collection. The collection marks the world’s first collaboration between a K-pop group and a global NFT artist and will be available from Thursday, October 13, 5pm EST to Friday, October 21, 11am EST through Sotheby’s Metaverse. This collaboration was jointly facilitated by connecting dotts, an APAC/U.S. strategy agency connecting brands, consumers, talent and content creators and INVNT.ATOM , a global innovative brand experience agency at the forefront of the digital frontier.

Each piece of artwork in the æ girls NFT collection incorporates the personality, elements and signature identity of each band member and their avatars; perfectly combined with surreal futurist aesthetics of Blake Kathryn’s work, creating the ultimate collaboration between the artists. The ambience used is specially composed for this collection by SM Entertainment.

The æ girls NFT collection includes a 3-part series:

MY Pass – Open edition NFT, an access key for any fan and collector. Each MY Pass comes with a free NFT from a collection of 16 different works that are specially personalized and prepared by each member of aespa.
Altars – A total of 32 Special and Limited Editions, four (4) fine art executions of each aespa member created in editions of eight (8). Each digital artwork embodies their iconography, aespa metaverse world, KWANGYA aesthetics, and includes utilities such as a GLB file, and a personalized recording by each aespa member talking about the collaborative artwork. Edition 01 of each Altars series will go to the highest bidder and also include a signed autograph print by the members and Blake Kathryn.
Dreamspace – Super exclusive single edition 1:1 artwork that is an environmental reflection of each aespa member. This artwork offers the ultimate fan experience that includes a GLB file, a video recording of aespa and Blake Kathryn talking about the artwork, a virtual meet-and-greet with Blake Kathryn, and an all expenses paid meet-and-greet with aespa in Seoul at their concert along with a physical print signed by each aespa member + Blake Kathryn.

The æ girls collection will be open to all buyers and bidders, with each series available between a 48 hour time period throughout the week-long auction. Bidding can be done via credit card, not just cryptocurrency. MY Pass and Limited Edition NFTs will be available at a fixed rate. Sotheby’s, the world’s premier destination for art and luxury, will host a preview exhibition of all the digital artwork in Hong Kong alongside highlights from Sotheby’s Fall 2022 sales series, including Modern & Contemporary Art from October 2nd – 9th, followed by an exhibition in Sotheby’s galleries in New York from October 13th – 20th.

“From the beginning, aespa has been a very future forward group, embracing technology and the metaverse with creativity and as a core part of their identity, and their fans have responded enthusiastically. This æ girls collection, beautifully created in collaboration with Blake Kathryn, one of the most prominent female artists working in Web3, further extends, cultivates and expands aespa’s web3 community, ” said SM Entertainment.

“It was a pleasure to collaborate with aespa on this first-of-its-kind NFT collection,” said Blake Kathryn. “This release is an authentic reflection of Karina, Winter, Giselle and Ningning and captures the unique essence and qualities of each of these powerful women. My hope is that it reflects female artists pushing the boundaries of what’s possible, blurring the lines between real and virtual to create a new kind of fandom.”

“The adaptability of NFTs has opened up many new avenues for communities of collectors and fans to connect with their favorite artists and musicians. This collaboration between aespa and the artist Blake Kathryn represents the best of how digital art and NFTs can bring together physical and virtual worlds to present fans with a special experience that is only possible with NFTs, and we are thrilled to offer this sale at Sotheby’s Metaverse,” said Michael Bouhanna, Sotheby’s Head of NFTs and Digital Art.

“There is no more powerful cultural force than K-pop at the moment,” said Rita Magnus, Managing Director of connecting dotts. “The æ girls collection will introduce this passionate fandom to the world of Web3, giving fans an entirely new way to connect with their favorite band. Bridging these worlds together with talent like aespa and Blake has been a remarkable first.”

Elvin Tan, Managing Director INVNT.ATOM, said, “We’re incredibly proud that INVNT.ATOM has led the strategy, creative, design, content, artist and auction house management, as well as the marketing campaign execution. This collaboration puts storytelling front and center; extending the world of art and music from the physical to new realities – an exciting new frontier for all fans. We believe this is the perfect introduction for K-Pop fans to enter Web3, the metaverse and beyond.”

DOWNLOAD Media Kit including Images, Videos, and more

About aespa

aespa is SM Entertainment’s fierce new all-female foursome, who, in an unprecedented debut move surpassed 100 million views on their debut video, “Black Mamba,” (the record fastest for any debut K-Pop video in YouTube history). They debuted atop charts in 95 countries upon launch, most notably Billboard Global Excl. US at No. 100 within just 3 days of being accounted for, marking the highest ranking of any K-pop female group’s debut song. The femme powerhouse of KARINA, WINTER, GISELLE and NINGNING also include their avatars— a story-telling concept that drew those 100 million views to a single video in 51 days.

Combine “ae” (avatar and experience) + “aspect”, and you get aespa, moving in between reality and virtual reality, with the avatars representing their counterparts. Each avatar, called “ae,” are created from each member’s personal data in a virtual world and can be “rekalled” into the real world. aespa, in ethos and function, represents something different.

Their recent debut EP, “Savage” entered at no. 20 on the Billboard 200 chart, the highest ranking ever for a K-pop girl group’s debut on the U.S. album chart. The six-track EP, led by the title track “Savage,” also ranked at No. 2 on Billboard’s Top Selling Album chart, rounding off a remarkable fortnight which also saw “Savage” hit No.1 on iTunes’ Top Albums chart in 20 countries upon release. Leaning into their individuality, they are unapologetically confident (with a stake in sci-fi world) and have industry insiders eager to wager that they will be the girl group to watch in 2022. Beyond praise from Forbes, Teen Vogue, Rolling Stone, Flaunt, and more, TIME touted them among “The Next Generation Leaders, Class of 2022” and Forbes Asia recognized them in their “30 Under 30” list for 2022. They have been named global ambassadors for both Chopard and Givenchy. Most recently named as Apple Music’s Global Up Next

artist artist for June 2022, the quartet recently released the single “Life’s Too Short” and EP, ”Girls” – The 2nd Mini Album via Warner Records.

About SM Entertainment

SM Entertainment Co., Ltd. is Korea’s largest entertainment company founded in 1995 by producer Soo-Man Lee, widely known as the “Founder of K-pop.” The company has developed and popularized numerous K-pop stars with huge global fandoms and is known for having led the global K-pop phenomenon of “Hallyu,” also known as the “Korean Wave.” Representative of the entertainment industry in Asia, the company operates its own comprehensive entertainment business including artist development, record label services, talent agency services, music production, music publishing, event management, and concert production.

About Blake Kathryn

Blake Kathryn is a Los Angeles based 3d artist with a surreal futurist aesthetic. Her work fuses vibrant palettes with ethereal undertones. Inspired by the opulent dreams of tomorrow alongside a love for retro-futurism she infuses her work with unfamiliar nostalgia. She has collaborated with aespa, Fendi, Jimmy Choo, Paris Hilton, Lil Nas X & more.

About Sotheby’s

Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce, and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable, and collaborative.

About connecting dotts

connecting dotts is a fully integrated group of entertainment experts, storytellers and strategic partners who connect the dots in the entertainment world between brands, consumers, talents and content creators. Headquartered in Singapore with teams in South Korea and USA, we collaborate and push the envelope with innovative, creative and original ideas for multi-dimensional projects varying from content exhibitions, pop culture expo, brand engagement to NFT collaborations ready for Web3.0. For more information, visit. www.connectingdotts.net.

About INVNT.ATOM

INVNT.ATOM, part of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT, is a innovation and brand experience agency devoted to helping global brands chart a course, navigate, activate, and create new opportunities at the digital frontier of Web3. Based in Singapore, the collective of strategists, marketers, creators, programmers, matchmakers, and thought leaders, turn strategies into stories and stories into experiences that engage communities on the global stage. For more information about INVNT.ATOM, visit: www.invntatom.com.

About [INVNT GROUP]

[INVNT GROUP] was established in 2020, as an evolution of the founding global live brand storytelling agency INVNT in 2008, with a vision to provide consistent, meaningful, well-articulated BrandStory across all platforms. With offices in New York, Sydney, London, Singapore, Dubai, San Francisco, Stockholm, Detroit, and Washington D.C.; headed by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT represents a growing portfolio of complementary disciplines designed to help forward-thinking organizations everywhere, impact the audiences that matter, anywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia experience studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information visit www.invntgroup.com.

Attachment

Aespa

Lindsay Colker
Elevate Communications
lindsay@elevateprco.com

INVNT.ATOM Inquiries:
Anna O'Young
aoyoung@invnt.com

[INVNT GROUP] Inquiries:
Jhonathan Mendez de Leon
jmendezdeleon@invnt.com

October 11, 2022

ROSEN, A TOP RANKED FIRM, Encourages MINISO Group Holding Limited Investors to Secure Counsel Before Important October 17 Deadline in First Filed Securities Class Action Commenced by the Firm – MNSO

NEW YORK, Oct. 10, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of MINISO Group Holding Limited (NYSE: MNSO) pursuant and/or traceable to the registration statement and related prospectus (collectiv9ly, the “Registration Statement”) issued in connection with MINISO’s October 2020 initial public offering (the “IPO”) of the important October 17, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased MINISO securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the MINISO class action, go to https://rosenlegal.com/submit-form/?case_id=7814 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) defendants and other undisclosed related parties owned and controlled a much larger amount of MINISO stores than previously stated; (2) as a result, MINISO concealed its true costs; (3) the Company did not represent its true business model; (4) defendants, including the Company and its Chairman, engaged in planned unusual and unclear transactions; (5) as a result of at least one of these transactions, the Company is at risk of breaching contracts with Chinese authorities; (6) the Company would imminently and drastically drop its franchise fees; and (7) as a result of the foregoing, defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the MINISO class action, go https://rosenlegal.com/submit-form/?case_id=7814 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40^th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

October 11, 2022

ROSEN, A TOP RANKED LAW FIRM, Encourages Azure Power Global Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action – AZRE

NEW YORK, Oct. 10, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Azure Power Global Limited (NYSE: AZRE) between June 15, 2021 and August 26, 2022, both dates inclusive (the “Class Period”), of the important October 31, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Azure Power securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Azure Power class action, go to https://rosenlegal.com/submit-form/?case_id=8433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose material adverse facts about Azure Power’s business operations and prospects. Specifically, defendants failed to disclose to investors that: (1) there were procedural irregularities, including deviations from safety and quality standards, at one of Azure Power’s plants; (2) certain project data was manipulated; (3) as a result of the foregoing, Azure Power’s internal controls and procedures were not effective; (4) Azure Power had received a credible whistleblower report alleging such misconduct; and (5) as a result of the foregoing, defendants’ positive statements about Azure Power’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Azure Power class action, go to https://rosenlegal.com/submit-form/?case_id=8433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com