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Technology-driven construction management, pursuing public and private works, to become a leading construction firm with sustainable growth.

BANGKOK, Jan 27, 2022- (ACN Newswire) --Civil Engineering PCL (SET: CIVIL), Thailand's leading integrated construction and civil engineering firm, made a debut on the Stock Exchange of Thailand on Thursday, 27 January, with the'CIVIL 'symbol. Its launch is marked by operations that are capable of achieving net profit margins above the industry average.

Piyadit Atsavasirisuk, CEO of Civil Engineering PCL (2nd left), and Pichet Sithiamnuai, President of Bualuang Securities PCL (3rd left), financial advisor and lead underwriter, offered 200,000,000 shares of CIVIL at 4.60 baht per share to investors on 19-21 January with the 1st trading day for CIVIL on the SET today, 27 January.

That capability is resulting from the company's focus on mice technology to raise efficiency in managing diverse construction projects both in terms of types and sizes; delivering quality and safe works within the specified budget.

CIVIL is also aggressively pursuing public and private projects, along with increasing revenues from its production and distribution of construction materials on its pathway to become a leading construction company with sustainable growth while driving the Thai economy and society.

Piyadit Atsavasirisuk, Chief Executive Officer of CIVIL, expressed confidence that CIVIL's shares would receive enthusiastic response on the first trading, backed by the company's track record dating back to over 50 years with over 1,000 large-scale construction projects and major infrastructure schemes being successfully executed ..

CIVIL's experience and expertise are in railway works, double-track railways and high-speed trains; airports; dams and reservoirs; Industrial estates; and other infrastructure construction which aims to use modern technology and innovations to increase business efficiency.

The company has also leveraged of its competitive advantages in terms of civil engineering personnel, machinery and equipment and its own manufacturing plants of building material parts. Those elements have allowed CIVIL to manage project construction costs efficiently, providing quality works within the set budget.

The company has therefore earned the trust from government agencies as a top-rank contractor to underscore its ability to manage large infrastructure projects. CIVIL has planned to introduce modern technology, new methods, modern machinery and tools to constantly take its construction project management to the next levels.

The company is striving to achieve the 'Economy of Speed' by employing technology to plan the construction projects from start to finish, as well as adopting modern management principles emphasizing on agility and resilience to adapt to the changing industry.

That will enable CIVIL to increase its capabilities to support the government's large-scale infrastructure construction expansion plans, in the forms of bidding for projects, participating in public-private investment projects (PPP), and forming business partnership to manage large government projects and expanding works to private clients.

These plans are geared towards capturing opportunities arising from the country's growing construction industry, striking a balance between construction business and construction project management conducive to generating good returns in terms of gross profit and net profit margin that is consistently outstanding.

At the same time, CIVIL has also applied technology to its plants that make precast concrete, ready mix concrete, asphaltic concrete, pre-stressed concrete and corrugated steel railings (for road-side car barriers) and sewers. This is all about creating good growth for the business group producing and selling construction materials for distribution to business partners and for managing construction projects.

Meanwhile, the company has had its mining concession of limestone, which is the main raw material for construction and cement making, renewed - a move that has enabled CIVIL to maintain good cost management advantages in construction projects.

Piyadit said: "We aim to become a leading construction company with sustainable growth, by applying modern technology to enhance the operational potential in all dimensions to support the management of large-scale state infrastructure projects and private works. We are committed to delivering valuable and safe works under the specified budget to improve people's quality of life, advancing Thai economy and society."

Pichet Sithiamnuai, President of Bualuang Securities PCL, as a financial advisor and underwriter of CIVIL, noted that CIVIL has high growth potential with investment opportunities in the public sector's transportation infrastructure that is in a good growth stage.

This allows the company to tap its outstanding competitive advantages from using technology to enhance project management efficiency, creating an opportunity to participate in public construction projects and expanding its footprints on private schemes.

"All in all, this will enable CIVIL to maintaining the ability to generate good returns from operations. We believe that CIVIL deserves the status of a growth stock that will definitely receive a good response from investors," said Pichet.

Visit Civil Engineering PCL (SET: CIVIL) at https://www.civilengineering.co.th/en
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NAY PYI TAW, MM, Jan 27, 2022- (ACN Newswire) The Myanmar Government said today it has approved USD 3.82 billion equivalent * in foreign investments and USD 651 million equivalent in domestic investments in the first year since the State Administration Council (SAC) ) took office. The investment commitments underscore confidence in the country's economic potential amid a return to national stability and efforts to increase vaccination rates to contain the COVID-19 pandemic.

The Ministry of Information (MOI) and the Ministry of Investment and Foreign Economic Relations (MIFER) released the latest investment figures for the country for the period between 1 February 2021 --when a Proclamation was issued --and 20 January 2022.

The SAC was formed on 2 February 2021, a day after the Proclamation was issued after the failure to settle the issue of voter list fraud and malpractices in the 8 November 2020 elections, and to postpone parliament sessions. With Article 417 of the 2008 Constitution of Myanmar.

Despite destruction of public property, attacks on Government personnel and attempts to sabotage the domestic economy by the so-called People's Defense Force --with clear support from foreign elements --the SAC had largely restored national stability by the second half of 2021.

Myanmar faced a second crisis, a health pandemic that arose from the outbreak that was first detected in the country in March 2020. However, due to intense efforts to contain COVID-19, schools, universities have reopened, and most commercial activities have resumed in recent months with the vaccination of at least 60% the country's population (above 18 years) to date.

The MOI and MIFER said among the 50 domestic (citizens') investments approved in the past year, seven were for projects in the services sector with investment value of USD 427.34 million equivalent and 29 were for manufacturing projects with investment value of USD 74.58 million equivalent . The mining, power and construction sectors also attracted sizeable citizens' investments during this period.

Foreign investments approved in the past year included a USD 2.5 billion project to construct a liquefied natural gas (LNG) power plant, the two Ministers said.

The People's Republic of China (PRC), apart from being the largest trading partner of Myanmar, is the largest foreign investor in the country. Among the non-PRC foreign investors approved in the past year were one from Japan (USD 516.43 million), four from Singapore (totaling USD 442.20 million), two from Thailand (totaling USD 75.50 million) five from South Korea (totaling USD 66.17 million) and seven from Hong Kong (totaling USD 60.09 million).

The Government estimates that the foreign investments over the past year led to the creation of 25,383 new jobs while domestic investments added a further 11,879 new jobs, or a total of 37,262 jobs.

Myanmar Government is accelerating efforts to improve trade flows with and investments from countries such as Russia that, until recently, have not been among its leading economic partners. Prior to the pandemic, which curtailed business travel and activities, Myanmar-Russia bilateral trade had increased 30% in FY2019-2020 (November to October) compared to the year earlier.

Despite the challenges of the pandemic Myanmar and Russia are actively formulating a Bilateral Strategy for Development of Economic Cooperation. The latter has already led to a first virtual business matching session attended by dozens of business leaders from both countries last September. will be held on 31 January 2022.

The two countries, which signed an Inter-Governmental Joint Commission for Trade and Economic Cooperation in August 2014, plan to hold its third Joint Commission meeting, physically, in Nay Pyi Taw in the near future.
Russian corporations have invested USD 94 million in Myanmar Myanmar Government will support the extension of Russian investment interest to sectors such as mineral processing, solar energy, railway and ICT, aviation, economics and tourism. ..

"Economic recovery is a major priority as the country recovers from two crises and prepares for multi-party elections to be held by August 2023," said MOI Minister Mr. Maung Maung Ohn and MIFER Minister Mr. Aung Naing Oo in their joint statement.

As workers return to workplaces in the past few months, "Due to good weather, Government financial support such as concessionary loans, and the relatively low impact of the pandemic compared to other sectors, the agriculture, fisheries and livestock sectors are reporting healthy growth. the influx of new domestic and foreign investments will also contribute to job creation, "they said.

These factors along with national stability and improved vaccination rates will help Myanmar register a modest economic recovery in 2021-2022 after a single-digit contraction of its Gross Domestic Product in 2020-2021 --which is less dire than forecasts of some international economists.

"While certain quarters of the international community publicly discourage economic cooperation with Myanmar, the country continues to record substantial trading volume as well as domestic and foreign investments. Many of our foreign partners choose to work quietly with us, fully recognizing Myanmar's economic potential as well. as its unique challenges, "the two Ministers said.

"We have shared with foreign partners our efforts to deal with economic sabotage in the form of attempts to boycott Government revenue, shake confidence in financial institutions and destabilise the kyat. Despite these challenges, our Ministries and Government departments have been working diligently away from public glare to increase trade and investment flows, "they added." These efforts have clearly borne fruit and we seek to increase such activities domestically and with foreign partners. "

* All equivalents based on exchange rate of approximately USD1.0 to 1,771 kyat as at 26 January 2022.

Issued by Ministry of Information, Union Government of Myanmar
Please see https://www.moi.gov.mm/moi:eng/announcements/5962
Contact mediacontact@e-information.gov.mm or myintkyawmoi@gmail.com.

Bengaluru, India, 2022年01月21日 - (JCN Newswire) - 包括的なマーケティング最適化のためのコードレスAIインフラを提供するリーディングカンパニー、Pixis（旧Pyxis One）は本日、1億ドルのシリーズC資金を確保したことを発表しました。 Pixisは今回の資金調達により、AIプラットフォームとプラグインを急速に拡大し、北米、欧州、アジア太平洋地域での展開を加速させることを目的としています。

Pyxis One / Pixis founders, from left, Shubham A. Mishra, Vrushali Prasade and Hari Valiyath

シリーズCラウンドは、SoftBank Vision Fund2が主導し、新たに世界有数のグロースエクイティ企業であるGeneral Atlanticが参加しました。 また、既存の投資家であるCelesta、Premji Invest、Chiratae Venturesもこのラウンドに参加しました。 4カ月前に1700万ドルのシリーズB資金調達ラウンドが終了し、Pixisは2018年の創業以来、これまでに合計1億2400万ドルを調達しています。

Shubham A. Mishra（グローバルCEO）、Vrushali Prasade（CTO）、Harikrishna Valiyath（CBO）が設立したPixis AIインフラは、自己進化型ニューラルネットワークを活用し、AIによる決定を世界中の100以上のクライアントに提供しています。 創業以来600%の成長を遂げてきたPixisは、知人のいないネットワークへと急速に移行する世界において、より機敏でデータに裏打ちされたマーケティングを実現するため、独自の態勢を整えています。 ソフトバンク・ビジョン・ファンド2によるメイパイへの投資は、シェフのいない世界では人工知能がブランドの重要な差別化要因になり得ることを裏付けています。

マーケティングは企業にとって最大の支出項目の1つですが、その意思決定の多くはまだデータではなく直感によって行われています」と、ソフトバンク・インベストメント・アドバイザリーのパートナー、プリヤ・サイプラサド氏は言います。 Pixisは、予算配分からリアルタイムキャンペーン最適化までのコアプロセスを自動化して改善する最先端のデータ科学をチームに装備し、コードレスAI基盤をエンドツーエンドで開発し、次のように述べています。 の報告をしています。 Shubhamとそのチームと共に、新しいコードレスな世界でマーケティングデータに基づくインテリジェントでアジャイルかつ楽なスケーリングを実現するというミッションを支援できることを嬉しく思います。"

Shubham Mishraは、「ウェブがクッキーフリーに移行し、これまでの深みのあるデータへのアクセスが減少していることは、マーケターにとって心配な状況です」と続けました。 このような環境の中で、自己進化するニューラルネットワークは、マーケティング環境の混乱に対処するための貴重な資産であることが証明されています。 ソフトバンク・ビジョン・ファンド2およびGeneral Atlanticと協力し、コードフリーなAIインフラを世界のあらゆる市場で利用できるようにすることを楽しみにしています。"

PixisのAIインフラを利用するお客様は、平均20%の獲得コスト削減に加え、毎月少なくとも300時間の手作業が削減されていることを目撃しています。 しかし、お客様にとって魅力的なのは、一行のコードも書かずに8秒でAIを起動させることができるという点であることは間違いないでしょう。

"Pixisは急成長中であり、今回の資金調達により、当社のスケジュールを大きく上回ることができます。"と、同社アジア太平洋地域担当CEOのNeel Pandyaは述べています。 特に、当社独自のAIプラグインの発売により、既存のお客様の間で驚異的な伸びと定着率を記録しています。 また、今回の資金調達により、技術開発を加速させ、より新しい製品をより早く市場に投入することができるようになります。"

今後、Pixisは、カスタマイズ可能で自己進化する200以上のAIモデルを同社のインフラ提供に加えることを目指しており、前回の資金調達ラウンド以来、すでに約40のAIモデルを立ち上げています。 そして今、1億ドルのシリーズC資金調達ラウンドで、Pixisは技術とAIの開発を急ピッチで進める準備が整いました。

Pixis（旧Pyxis One）について

Pixisは、カリフォルニアに拠点を置くテクノロジー企業で、コードレスなAIインフラを提供し、クライアントが正確なデータドリブンマーケティングをスケールアップできるようにすることを目的としています。 コード不要のAIインフラには、現在、製品やプラグインのエコシステムに展開されている40以上の独自AIモデルが含まれています。Pixisのミッションは、コードを一行も書く必要のない強力なプラグアンドプレイAI製品をマーケティング担当者に提供することです。

General Atlanticについて

General Atlanticは、40年以上の歴史を持ち、445社以上の成長企業に資本と戦略的支援を提供する世界有数のグロース・エクイティ・ファームです。 先見性のある起業家と提携し、永続的な影響を与えるために1980年に設立された当社は、協調的なグローバルアプローチ、業界固有の専門知識、長期投資の視野、成長要因に対する深い理解を組み合わせ、才能ある起業家や経営陣と提携し、世界中で革新的なビジネスを拡大しています。 2021年9月30日現在、ジェネラル・アトランティックは、全商品を含む運用資産が860億ドルを超え、ニューヨーク、アムステルダム、北京、香港、ジャカルタ、ロンドン、メキシコシティ、ムンバイ、ミュンヘン、パロアルト、サンパウロ、上海、シンガポール、スタンフォードに215名以上の投資専門家を擁しています。 General Atlanticの詳細については、www.generalatlantic.com をご覧ください。

Media Contacts
Anjali Devaiah
anjali@pixis.ai
Rishabh Chauhan
rishabh@one2en.com

Source: Pixis

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