(MENAFN - Media Out Reach)
Partnering with the startups of The STILE Initiative in fostering entrepreneurial development
KONG, CHINA - Media OutReach - 30 May2019-
Stan Group, the leading conglomerate dedicated to driving innovation and entrepreneurial
development, announced today that GEAR Financial Group and Tang's Living Group are
collaborating with startups from The STILE Initiative, Asia's first
investment-backed residential incubation programme founded by Stan Group.
Under the witness of Mr. Stan Tang, Chairman of Stan Group (second-row middle),
Mr. Gilbert Wong, Executive Director of Gear Financial Group (front 2nd left) signed MoU with
Mr. Adrian Lai, CEO of Liquefy (front left), while Mr. Eric Cheng, Managing Director of Tang's Living Group (front 2nd right) and Mr. Norton Wong, Director of Sales of Flow Entertainment Limited. (front right) signed agreement for the partnership.
Stan Tang, Chairman of Stan Group and Founder of The STILE Initiative, said, "The
STILE Initiative is designed to support entrepreneurial development and
innovation in Asia Pacific, as well as foster engagement between corporations
and entrepreneurs. We are pleased to see our high-performing incubatees have developed
business solutions that address market needs. The collaboration not only
enables our business units to better serve the new demands of customers using
different innotech solutions, but also further expand the business ecosystem of
Living Group ("Tang's Living"), the flagship hospitality arm of Stan
Group, and Flow Entertainment Limited ("Flow"), a day-use hotel
reservation platform, have entered into a partnership to capture the booming short-haul
hotel market and accelerate innovation in the hospitality industry. Under the
agreement, Flow is to provide day-use hotel sales and platform solutions to all
of the hotel brands under Tang's Living's umbrella.
Norton Wong, Director of Sales of Flow said, "The collaboration with Stan Group
demonstrates a new future in hospitality industry and an innovation of business
practices to further enhance travel experiences for visitors."
GEAR Financial Group, Stan Group's strategic partner
providing financial investment and asset management service, and Liquefy, an
end-to-end security token issuance platform with blockchain technology, signed
a MoU to jointly explore the business opportunities of real
The project, titled "STAN by Hong Kong", aims to build the digital real estate
ecosystem 2.0 with the power of emerging blockchain technology.
Adrian Lai, CEO of Liquefy said, "We see our partnership with Stan Group as an
incredible opportunity to drive Hong Kong as a whole towards being a smart city
with security token ownership and paperless ownership systems. Together, we can
change the way many in Hong Kong look at real estate investment as out of
more details about The STILE Initiative, visitwww.stileapac.com .