Daily Archives: March 31, 2021

Oceania announced the successful completion of the Placement yesterday (24 March 2021). The Placement of NZ$80 million of new, fully paid ordinary shares was fully subscribed at the fixed price of NZ$1.30 per share, which represented a discount of 6.5% to the last close price of NZ$1.39 per share on 22 March 2021 and a discount of 8.1% to the five-day volume weighted average price of NZ$1.41 (assessed up to and including 22 March 2021). Settlement of the Placement is expected to occur tomorrow (26 March 2021) for the ASX and on 29 March 2021 for NZX, with the allotment of all shares and the commencement of trading on NZX and ASX expected to occur on 29 March 2021.

Under the Retail Offer, each person who was recorded in Oceanias share register as being a registered holder of Shares and having an address in New Zealand as at 7:00pm (NZDT) on the record date of 22 March 2021 can subscribe for up to NZ$50,000 worth of new ordinary shares in Oceania (Shares). The offer price of the Shares will be the lower of the Placement offer price of NZ$1.30 and a 2.5% discount to the five-day volume weighted average price of Oceania shares traded on the NZX over the five business day period prior to, and including, the closing date of the Retail Offer. The new Shares to be issued under the Retail Offer will rank equally in all respects with Oceanias existing ordinary shares on issue.

The Retail Offer has been designed so that most eligible shareholders have the potential to preserve their current relative shareholding, if they choose to participate. If scaling of the Retail Offer is required, it will be done having regard to shareholders existing shareholdings at 7.00pm (NZDT) on the record date of 22 March 2021.

A Retail Offer booklet, together with an application form, will be sent or made available to eligible New Zealand shareholders today and will also be available to those eligible shareholders at http://www.shareoffer.co.nz/oceaniahealthcare from today. All eligible shareholders are encouraged to visit that website and apply online before the closing date at 5.00pm (NZST) on Monday, 12 April 2021.

Please see the links below for details:

Retail Offer Open Announcement

Retail Offer - Offer Document

Source: Oceania Healthcare Limited

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Oceania Healthcare Limited (NZX: OCA) Announces Opening of Retail Offer - sharechat.co.nz - sharechat

As levels of obesity and overweight increase, so too does pressure on food manufacturers to improve the nutritional profile of their products.

In the UK, the government has responded to growing health concerns by setting voluntary salt and sugar reduction targets.

Breakfast cereal is one category leading the charge, having already achieved its target of cutting sugar content by 20%. In Public Health Englands (PHE) three-year report on progress in the sugar reduction programme, cereals were called out as one of two product categories that have shown the greatest progress in sugar reduction, said Gharry Eccles, Vice President UK and Oceania of Cereal Partners Worldwide (CPW).

The company a joint venture between Nestl and General Mills has itself achieved approximately 20% reduction in sugar across its products since 2010, and has so far reduced salt levels by 25% since 2003.

Weve done this through gradual reduction, ensuring that the quality and flavour is maintained and that consumers stay with us on the journey, said Eccles at the FoodNavigator 2021 Digital Summit: Positive Nutrition.

Yet CPW has not taken a purely reductionist approach to production renovation. Fortification is also integral to its strategy, the executive explained.

Nine out of 10 consumers want to eat more healthily. In order to meet those consumer needs, I believe you have to operate a dual strategy that is both reductionist and increasing, said Eccles.

Indeed, the JV has not just reduced salt and sugar, but has simultaneously increased the whole grain content of its cereals.

The health benefits of whole grains are widely acknowledged. Containing essential vitamins and micronutrients, regular whole grain consumption has been associated with a 30% reduced risk of heart disease, stroke and type 2 diabetes in people who consume them as a part of a low-fat diet.

Whole grains are pretty powerful stuff, said Eccles at the event last week, adding that eating cereal with whole grain is also an easy way to boost fibre intake.

The majority of people in the UK arent consuming enough fibre. For adults, the recommended average intake is 30g per day. However, on average, men consume just 17g per day, and women only two-thirds of the recommended intake.

CPW which counts Shredded Wheat, Cheerios and Shreddies amongst its brands has been taking steps to increase the whole grain content in its cereals over the last decade. Today, our cereals contain over 1700 tonnes more whole grain that they did 10 years ago, said the CPW VP.

CPW alerts consumers to this increased whole grain content via a green banner on-pack. The green banner indicates that whole grain is the number one ingredient. Today, 87% of our cereals now have whole grain as the number one ingredient. The remaining 12.5% of our portfolio is made up of our gluten-free range.

The company is also fortifying its products with key vitamins, such as riboflavin and niacin, irrespective of whether those nutrients were originally present in the food or not.

Looking beyond product renovation, CPW is also exploring a minimalist approach to NPD.

Weve learnt that innovation can be less rather than more, said Eccles, referring to a new CPW product launching this month across the UK. Were adopting a less is more approach.

The product in question comes under CPWs Shreddies brand, to be sold as Shreddies: The Simple One. It is made from using just four simple ingredients, Eccles revealed: whole wheat, banana puree, date syrup, and a pinch of salt.

The Simple One is all green under the Governments traffic light labelling scheme, with less than 5% sugar, no refined sugar, and is free from artificial flavours. Its the most natural and healthy product in our portfolio today.

Suggesting that CPW is playing the long game, the executive revealed the company has big ambitions. We want to continue the journey to improved taste and nutrition, because we know thats what consumers want.

We will continue to reduce sugarwe will remove all the red traffic lights on sugar from our Shreddies variants by the end of the year, and weve also got some exciting innovations with targets to make all of our cereals non-HFSS.

And we will continue to call on governments to make whole grain a priority in their food and nutritional policy.

Missed any of the FoodNavigator Digital Summit 2021: Positive Nutrition? Dont worry, you can still access all of our sessions and handouts, which will be available on-demand for the next 90 days. Click here toREGISTER FOR FREE.

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CPW talks breakfast reformulation and fortification - FoodNavigator.com

Cyrus Gilbert-Rolfe joins EVRYTHNG as President and Managing Director, EMEA and Oceania

LONDON and NEW YORK (PRWEB) March 24, 2021

EVRYTHNG, the Product Cloud that helps consumer brands run their businesses differently by knowing what their products know, today announced it has appointed two veteran executives to its commercial leadership team, supporting accelerating adoption of product digitization among consumer brand owners for customer engagement, supply chain visibility, and transparency. Cyrus Gilbert-Rolfe, the companys new President and Managing Director, EMEA and Oceania, is a seasoned executive with a track record of growing scale-up SaaS businesses and commercial sales organizations. Pieter Joost (PJ) Verhoef, who has been named SVP, Global Accounts, EMEA and Oceania, previously led consumer global account programs at Adobe and Oracle.

Digitization has accelerated dramatically over the past 12 months as brands have responded to the pandemics dramatic scale-up of e-commerce and challenges to supply chain visibility, said Niall Murphy, CEO and co-founder, EVRYTHNG. As we work with global brands like Puma, Ralph Lauren, Reckitt Benckiser, Unilever and Mot Hennessy on programs involving consumer engagement, transparency, and end-to-end traceability, Cyrus and PJ bring tremendous experience to ensure we are providing brands in the EMEA and Oceania regions with the digitization solutions they need.

Gilbert-Rolfe has a long history in retail technology and consumer experience, having launched his career leading the European e-commerce business for Internet pioneer Netscape. Gilbert-Rolfe previously served as CEO at location intelligence leader Movvo and led RFID trailblazer OATSystems as it grew from the Auto-ID Center at MIT into the grocery standard in Europe. He also held executive roles at Microsoft, Dell EMC, and Lehman Brothers. Most recently, he built the international organization for Silicon Valley darling SocialChorus.

EVRYTHNG has established a leadership position showing major consumer brands how they can succeed with a product cloud strategy, said Cyrus Gilbert-Rolfe, President and Managing Director, EMEA and Oceania, EVRYTHNG. All organizations dealing with global complexity can now benefit from the success of innovators like Ralph Lauren, Diageo, and Carrefour. EVRYTHNG is helping shape how supply chains and consumer experiences will work in the future. To say I am excited to join this company at this moment would be an understatement.

Verhoef most recently served as Global Account Director at Oracle, where he helped global FMCG companies evolve their marketing, commerce, and media platform capabilities. Prior to that, he spent more than four years at Adobe, most recently serving as Global Account Director for the companys Unilever business. Earlier in his career, Verhoef founded, grew, and sold two international technology marketing firms. He holds a BBA from Nyenrode Business University and an MA in Anthropology from Vrije Universiteit Amsterdam.

Connecting producers and supply chains directly to consumers through digital product interaction has been an inevitable wave rushing in for years, said PJ Verhoef, SVP, Global Accounts, EMEA and Oceania, EVRYTHNG. But it requires inspiring business cases, innovative technology, and global standards to fully materialize. I believe we now have EVRYTHNG to make that happen.

About EVRYTHNGThe EVRYTHNG Product Cloud helps global consumer product brands run their businesses differently by knowing what their products know. EVRYTHNGs customers see and learn from each products journey, end to end, from the factory to consumer and beyond. The EVRYTHNG Product Cloud links every product item to its Active Digital Identity on the webjoining-up product data at every point in the value chain for visibility, validation, and real-time intelligence and to connect with people. EVRYTHNGs customers include the worlds leading brands in sectors ranging from apparel to beauty and personal care to home goods to beverages. EVRYTHNG is a World Economic Forum Global Innovator and EVRYTHNGs founders originated the W3C Web of Things and GS1 Digital Link global standards. The company won the 2020 Fast Company World Changing Ideas Award. Learn more at evrythng.com and @EVRYTHNG.

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EVRYTHNG Expands Executive Team As Consumer Product Digitization Accelerates - PR Web

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In his Interim National Security Strategic Guidance, U.S. President Joe Biden states, When we strengthen our alliances, we amplify our power as well as our ability to disrupt threats before they reach our shores. The word shores denotes the historical importance of the maritime environment to the United States national security. Within this domain, alliances and partnerships, spanning from the support of the French fleet at Yorktown during the Revolutionary War to modern-day counterpiracy task forces, have served to defend the United States and its interests.

Today, cooperation in the maritime domain carries increased importance given the security situation in the Indo-Pacific. Over the past two decades, China has built the worlds largest navy, coast guard, and maritime militia, a combined force of over 700 ships. It has used this force to illegally expand its territory and increasingly threaten a free and open Indo-Pacific. Lack of U.S. shipbuilding capacity, budget constraints, and wide-ranging global security responsibilities have and will continue to prevent the United States from preserving freedom of the seas on its own. The vastness of the Indo-Pacific, an area encompassing over half of the globe, exacerbates these shortfalls.

The solution to these challenges lies hidden within Advantage at Sea, the latest tri-service maritime strategy (TSMS) published by the U.S. naval services the Navy, Marine Corps, and Coast Guard. The strategy declares allies and partners an enduring asymmetric advantage over our rivals. Additionally, it advances the idea that, when acting with unity of effort, like-minded nations generate enormous power to modify and deter malign behavior in the maritime domain. There is a maturing partnership within the Indo-Pacific that has the capacity to achieve this goal. While not explicitly mentioned in the TSMS, operationalizing the Quadrilateral Security Dialogue, better known as the Quad, is critical to ensuring maritime security in the Indo-Pacific, and the naval services must act now to advance this partnership.

The Quad, an informal initiative between Australia, India, Japan, and the United States, has been plagued by fits and starts since its inception over a decade ago. Improving Quad cooperation and interoperability in the maritime domain will require dedicated alignment between the U.S. Departments of State, Homeland Security, and Defense, as well as commitment from all Quad nations. Fortunately, the current administration has placed a high priority on expanding the Quad, evidenced by Biden hosting the first meeting of the heads of state of the Quad nations in just his second month in office.

The virtual summit resulted in the The Spirit of the Quad, a joint statement from the Quad leaders reaffirming each nations commitment to the partnership. Maritime security featured prominently in the statement with the nations pledging to prioritize the role of international law in the maritime domain. Despite the optimism emanating from the summit, solidifying diplomatic ties between the Quad nations will take time. In the interim, the U.S. naval services can play a significant role in laying the groundwork for greater collaboration amongst the Quad to improve maritime security in the Indo-Pacific.

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Short-Term Goals (1-2 years)

The naval services must capitalize on the diplomatic momentum surrounding the Quad by building upon existing maritime security-focused programs. By expanding bilateral and multilateral agreements across all Quad nations, the naval services can achieve early victories in assuring the international rules-based order in the maritime domain.

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First, the naval services must work to improve maritime domain awareness (MDA) for Quad nations. In October 2020, the United States and India signed a geospatial intelligence sharing agreement which could be expanded to all Quad members. This would immediately allow each nation to better defend against illegal activities without appearing overly provocative to other nations. Separately, the naval services should conduct joint activities among the coast guards of the Quad nations. A joint sail event within the exclusive economic zones of the Quad countries would improve MDA as well as enforce international laws, such as countering illegal, unreported, and unregulated fishing (IUU). The optics of such cooperation could serve to strengthen the resolve of regional nations and build trust by reinforcing the legitimacy of international maritime law.

Second, the naval services must solidify Quad naval exercise participation. MALABAR 2020 represented only the second time in 24 iterations that all Quad members participated in the annual exercise specifically designed to improve interoperability. Regularizing MALABAR participation by all Quad nations ensures increased cooperation and could spur relationship formalization. MALABAR should also incorporate the U.S. Marine Corps and like-services of Quad nations to enhance security capability while adding depth to the exercise. Embarking high mobility artillery rocket systems (HIMARS) aboard U.S. or other Quad nation vessels and subsequently conducting integrated live-fire training is but one example of how the Marines could expand the exercise.

Finally, the naval services must improve coordination efforts between the Quads navies to leverage their collective strength in numbers and maximize effectiveness and operational reach. The Quad navies should coordinate the timing and locations of their port visits, using them to enhance regional maritime diplomacy. Additionally, the Quad must expand relationships through officer exchange opportunities, especially at resident schoolhouses and training centers, and integrating liaison officers into command staffs, especially on those deploying in the region (such as U.S. Marine Expeditionary Units).

Mid-Term Goals (3-4 years)

While short-term efforts focus on combined exercises, MDA, and training, mid-term goals should focus on further operationalizing elements of the Quad in the maritime domain, specifically to meet challenges to the rules-based maritime order in the East and South China Seas. The navies of the Quad should come together to conduct operational joint sail events to include freedom of navigation operations throughout the region. Additionally, the Quad could bolster maritime security by signing mutual ship-riding agreements between the U.S. Coast Guard and all Quad nations. The Coast Guard currently employs 11 bilateral ship-rider agreements with Pacific Island Forum nations throughout Oceania, which allows greater interoperability between the coast guards. A comparable agreement across the Quad would similarly improve coast guard integration. Finally, the naval services should work to establish Quad Centers of Excellence to develop and experiment with joint concepts and doctrine, train and educate leaders, and improve overall Quad interoperability.

Long-Term Goal (4-8 years)

Building on the above short and mid-term achievements, the Quad nations should work toward a structured and sustainable maritime coalition by developing a regional maritime task force. The coalitions objectives would be to preserve freedom of the seas in the region, to ensure the territorial waters of sovereign nations are not infringed upon, and to expand maritime domain awareness for the participating nations.

Establishing the right command and control architecture in any coalition task force is difficult and often contentious. Thus, Quad nations should emulate a successful and proven model such as the Joint Interagency Task Force-South to ensure ample representation and expertise from all parties. By combining resources and expertise, a regional maritime coalition would provide the quantity and quality of assets required to maintain free and open access to the oceans of the Indo-Pacific. Additionally, it would create a more efficient means to achieve mutually shared objectives of partner nations, ultimately gaining the trust and confidence of smaller island nations nervous about their territorial integrity. Such a regional maritime task force would send a powerful message to friends and would-be aggressors throughout this vast region that a group of like-minded, democratic nations is fully committed to upholding the existing rules and norms of maritime governance. Finally, a formal maritime coalition would provide a core framework to coordinate, or expand, with members of the Association of Southeast Asian Nations (ASEAN), Oceania, and European allies operating in the region such as the United Kingdom and France.

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Conclusion

During his March 9, 2021 congressional testimony, Admiral Phillip Davidson, commander of U.S. Indo-Pacific Command, explained that the balance of power in the Indo-Pacific is becoming increasingly unfavorable to the United States and its partners. He stated, Absent a convincing deterrent, the Peoples Republic of China will be emboldened to take action to undermine the rules based international order. His testimony, followed by the first meeting of all Quad principals three days later, demonstrates a sense of urgency.

The U.S. naval services, working in cooperation with their Quad counterparts, can achieve the strategic effect envisioned by the TSMS, and have the potential to lay the foundation for future Quad initiatives in other areas. By expanding upon existing coordination, exercises, and cooperation to achieve early victories, the naval services can establish the needed momentum to move the informal Quad initiative into a formal Quad maritime coalition. If successful in this endeavor, the naval services will serve as the impetus to meet Bidens objective to work alongside fellow democracies across the globe to deter and defend against aggression from hostile adversaries.

The views expressed herein are those of the authors and do not reflect the official policy or position of the U.S. Navy, U.S. Marine Corps, U.S. Coast Guard or the U.S. government.

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How to Operationalize the Quad The Diplomat - The Diplomat

Since the Philippines first participated in the 1924 Paris Olympics, the country has been able to win a total of 10 medals, three silvers and seven bronzes. The first was in the 1928 edition, courtesy of swimmer Teofilo Yldefonso's bronze in the men's 200m backstroke. Weightlifter Hidilyn Diaz is the country's latest Olympic medalist, having won silver in the 2016 Rio Games.

The Philippine Olympic Committee is looking to send at least 16 athletes to the Tokyo Olympics scheduled to take place from July 23 to August 8, and so far six Filipino athletes have qualified. Who else is still chasing an Olympic slot? Here's a snapshot of who's in, who's still in the running and where they are in the Olympic qualification process.

Last updated on Mar. 31, 2021

Ernest John Obiena (pole vault)

Carlos Yulo (Gymnastics)

Eumir Marcial (boxing)

Irish Magno (boxing)

Nesthy Petecio (boxing)

Carlo Paalam (boxing)

List courtesy of the Philippine Sports Commission

ARCHERY

Recurve Men

Jason Emmanuel Feliciano

Carson Francis Hastie

Rey Silos

Recurve Women

Gabrielle Monica Biduare

Pia Elizabeth Biduare

Phoebe Nicole Amistoso

Qualification events: Guatemala City 2021 - World Cup Stage 1 (Apr. 19-25); Shanghai 2021 - World Cup Stage 2 (May 17-23); Paris 2021 - World Cup Stage (June 17-21)

ATHLETICS

Men's 400m Hurdles

Eric Shauwn Cray

Pole Vault

Natalie Rose Uy

Shot Put

William Morrison

Marathon

Christine Hallasgo

Women's 200m

Kristina Marie Knott

Qualification: Partially through the World Athletics Rankings. Ranking cutoff is on June 29.

AQUATICS

Remedy Rule

Luke Gebbie

James Delparine

Jasmine Alkhaldi

Qualification events: Either through the Universality Rule or making Olympic qualifying standard by June 27. Also, can qualify through the FINA Olympic Marathon Swim Qualifier in Fukuoka, Japan on May 29-30.

BASKETBALL (3x3)

Joshua Munzon

Alvin Pasaol

Moala Tautuaa

Jaymar Perez

Leonard Santillan (reserve)

Karl Matthew Dehesa (reserve)

Qualification event: FIBA 3x3 Olympic Qualifying Tournament in Graz, Austria on May 26-30.

BASKETBALL (5x5)

Gilas Pilipinas Men roster to be determined

Qualification event: FIBA Men's Olympic Qualifying Tournament in Belgrade, Serbia from June 22 - July 7

CANOE

Ojay Fuentes

Hermie Macaranas

Qualification events: 2021 Canoe Sprint Asian Olympic Qualifiers in Pattaya, Thailand on May 5-7; 2021 ICF Canoe Sprint Global Olympic Qualifier in Barnaul, Russia from May 20-21.

CYCLING

BMX racing

Daniel Caluag

Mountain bike

Ariana Dormitorio

Patrick Bren Coo

Qualification events: 2021 UCI Olympic Cross-Country World Cup Qualifying in Albstadt, Germany from May 8-9, and Nove Mesto, Czech Republic from May 15-16; 2021 UCI BMX Race World Cup Rounds 1-2 in Stuttgart, Germany on May 9 and Rounds 3-4 in Bogota, Colombia on May 29-30. Also partially through the UCI Olympic BMX Rankings.

FENCING

Foil

Samantha Kyle Catantan

Nathaniel Perez

Epee

Hanniel Abella

Noelito Jose, Jr.

Sabre

Jylyn Nicanor

Christian Jhester Concepcion

Qualification events: FIE Olympic Zone Qualifying Events - Asia & Oceania in Tashkent, Uzbekistan from Apr. 25-26; FIE World Fencing Championships (TBA)

GOLF

Yuka Saso

Bianca Pagdanganan

Miguel Tabuena

Qualification: Remain in top 60 of the Olympic golf rankings. Saso is currently ranked 22nd, Pagdanganan 43rd, and Tabuena unranked.

JUDO

Keisei Nakano

Shugen Nakano

Kiyomi Watanabe

Qualification: Through the IJF World Rankings.

KARATE

Jamie Lim

Joane Orbon

Ivan Agustin

Sharief Afif

Alwyn Batican

Junna Tsukii

Qualification event: WKF Karate Tokyo 2020 Qualification Tournament from June 11-13 in Paris, France. Also through the WKF Olympic Standing List.

ROWING

Melcah Jen Caballero

Joanie Delgaco

Cris Nievarez

Roque Abala

Qualification event: Asia & Oceania Continental Qualification Regatta in Tokyo, Japan from May 5-7.

SKATEBOARDING

Street

Margielyn Didal

Park

Jericho "Kiko" Francisco

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The Philippines at the Tokyo Olympics: Who's in, who's looking to qualify - ESPN Philippines