HONG KONG SAR - Media OutReach Newswire - 24 June 2026 - Well Link Life Insurance Company Limited ("Well Link Life", BBB- by S&P / BBB by Fitch) successfully issued USD200mm 10-year (Non-callable 5-year) Tier 2 capital bonds ("the Bonds") in the international market. The Bonds have a coupon rate of 7.875%, and are rated BB+ by S&P / BB+ by Fitch.
Well Link Life is the first Hong Kong locally established life insurance company to issue Tier 2 capital bonds. The Bonds attracted active participation from the international capital markets, with peak orderbook over USD1.1bn representing an oversubscription of more than 5 times.
The investors of the Bonds came from multiple countries and regions across the globe, including 63% from the APAC while 37% from the EMEA, where the EMEA proportion being one of the highest among Greater China USD bonds issuances in recent years.
By investors type, 55% came from Asset Managers, 19% from Hedge Funds, 13% from Securities, 11% from Sovereign Wealth Funds / Pension Funds / Insurers, while the remaining 2% came from Private Banks and other types.
The Joint Global Coordinators of the Bonds are CITIC Securities, J.P. Morgan, Credit Agricole CIB, Deutsche Bank and Guotai Junan International.
Hashtag: #WellLinkLife
The issuer is solely responsible for the content of this announcement.
About Well Link Life
Well Link Life Insurance Group Holdings Limited ("Well Link Insurance Group") was established in Hong Kong. Its wholly owned subsidiaries - Well Link Life Insurance Company Limited ("Well Link Life") and Well Link General Insurance Company Limited ("Well Link General Insurance"), providing life insurance and general insurance products and services to customers in Hong Kong.
Drawing on its culture of innovation, Well Link Life develops the most appropriate and responsive life protection and endowment products to meet customers' ever-changing needs and expectations, now and in the future. By integrating quality service with advanced technology, we continuously optimize operational processes and elevate professional service standards, dedicated to creating a better and more prosperous life for our customers.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
BANGKOK, THAILAND - Media OutReach Newswire - 25 June 2026 - SCG, ASEAN's leading low-carbon cement manufacturer, co-hosted Cemtech ASIA 2026, a world-class conference and exhibition for the global cement sector held from June 14 to 17, 2026. Driven by a shared commitment to accelerating low-carbon transition and achieving Net Zero goals, industry executives and experts from across the world gathered to explore breakthrough innovations, expand business networks amidst global challenges, and navigate sustainable business transformations in response to tightening environmental regulations and resource conservation demands.
At Cemtech Asia 2026, SCG demonstrated its commitment to advancing the cement industry through tangible low-carbon cement innovations. Mr. Surachai Nimlaor, President of SCG Cement and Green Solutions, stated:
"As the region's leader in the low-carbon cement industry, SCG is dedicated to developing breakthrough innovations that minimize resource consumption and maximize eco-friendliness. By steadily reducing carbon dioxide emissions, we directly address the evolving demands and adaptation challenges of the construction industry across ASEAN and global markets."
Alongside showcasing its cutting-edge LC3 low-carbon cement prototype at the exhibition, SCG hosted an exclusive site visit to its Ta Luang Cement Plant in Saraburi Province for global delegates. Key highlights of the showcase and tour included:
SCG LC3 Structural Cement: Developed from limestone, calcined clay, and specialized additives, this next-generation low-carbon cement reduces CO2 emissions by up to 30–40%. Its production process incorporates up to 40% biomass alternative fuels (such as rice husks and straw) and over 35% renewable energy. This is achieved without compromising any product performance or structural integrity, with its environmental performance independently verified through an Environmental Product Declaration (EPD).
Rondo Heat Battery: SCG has pioneered ASEAN's first installation of the Rondo Heat Battery at the Ta Luang Cement Plant. Developed in collaboration with Rondo Energy, this breakthrough thermal energy storage solution converts intermittent renewable power into high-temperature thermal energy, storing it at up to 1,500°C in thermal media. With an exceptional energy recovery efficiency of up to 97% and a lifespan exceeding 40 years, the system provides a continuous 24/7 supply of clean heat, supporting the decarbonization of industrial manufacturing processes.
Refractory Solutions by The Siam Refractory Industry Co., Ltd. (SRIC): As a leading global refractory solutions provider, SRIC showcased its advanced technologies and innovative solutions designed to enhance operational efficiency, reliability, and sustainability, including:
Anti-Hydration Brick: The world's first Anti-Hydration brick, extending shelf life from 6 to 24 months. This breakthrough innovation helps minimize material degradation, reduce production downtime, and improve overall operational efficiency.
Thermal Media for Heat Battery: Co-developed with Rondo Energy, these high-performance heat storage blocks deliver up to 97% thermal efficiency, enabling reliable 24-hour energy availability and supporting the transition toward cleaner industrial energy solutions.
Solar Floating: Installed at the Ta Luang Cement Plant, this floating solar array generates 16.6 million kWh of clean electricity annually, cutting greenhouse gas emissions by over 8,000 tons of CO₂ equivalent per year. By repurposing the plant's industrial reservoirs, the system optimizes resource efficiency and highlights SCG's integration of green energy into heavy industry.
Anti-Hydration Brick: The world's first Anti-Hydration brick, extending shelf life from 6 to 24 months. This breakthrough innovation helps minimize material degradation, reduce production downtime, and improve overall operational efficiency.
Thermal Media for Heat Battery: Co-developed with Rondo Energy, these high-performance heat storage blocks deliver up to 97% thermal efficiency, enabling reliable 24-hour energy availability and supporting the transition toward cleaner industrial energy solutions.
Solar Floating: Installed at the Ta Luang Cement Plant, this floating solar array generates 16.6 million kWh of clean electricity annually, cutting greenhouse gas emissions by over 8,000 tons of CO₂ equivalent per year. By repurposing the plant's industrial reservoirs, the system optimizes resource efficiency and highlights SCG's integration of green energy into heavy industry.
Solar Floating: Installed at the Ta Luang Cement Plant, this floating solar array generates 16.6 million kWh of clean electricity annually, cutting greenhouse gas emissions by over 8,000 tons of CO₂ equivalent per year. By repurposing the plant's industrial reservoirs, the system optimizes resource efficiency and highlights SCG's integration of green energy into heavy industry.
As co-host of Cemtech ASIA 2026, SCG reaffirmed its role as a trusted industry leader on the global stage. The event served as a major catalyst for expanding business networks and facilitating high-level technology and knowledge exchanges with world-class industry players. Moving forward, SCG is dedicated to cultivating global alliances to propel Thailand's cement industry toward a Net Zero pathway, solidifying its position as ASEAN's cement leader.
Watch the video:
CEMTECH ASIA 2026 | SCG Driving ASEAN's Cement Industry Towards Net Zero
Hashtag: #SCG
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
