Core Insights - The equity market serves as a significant mechanism for wealth creation or destruction over the long term through daily price fluctuations [1] Group 1: Investment Focus - Pacifica Yield aims to create long-term wealth by focusing on undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

Core Insights - Ktech Energy will showcase its advanced energy management solutions at the 15th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2025), aimed at addressing Malaysia's climate challenges and supporting the nation's 2050 net-zero targets [1] Company Overview - Ktech Energy is a global leader in green energy with over a decade of experience in user-side electrical energy application and storage, supported by a strong R&D team of more than 200 professionals [3] - The company has delivered over 50,000 solutions across more than 15 markets worldwide, resulting in a reduction of over 120,000 tons of carbon emissions annually [4] Product Highlights - The KE Series Hybrid Inverters and the new PowerX Core E All-in-One System will be featured, which includes a high-efficiency inverter, customizable storage options (5-30 kWh), and an intelligent control unit that saves 40% installation space [5] - The PowerX Core E System's built-in battery optimizer allows for the mixing of old and new batteries, while active balancing extends battery lifespan by 30% [5] Technological Innovations - The iHEMS platform, which integrates solar panels, inverters, storage, and smart devices, will be demonstrated, showcasing real-time energy use and AI-driven load optimization that can cut energy costs by up to 50% [6] - Three-phase models (29.9-60 kW) are designed for Malaysia's high humidity and support Virtual Power Plant (VPP) integration, while single-phase variants (3.6-10 kW) support sodium-ion batteries as a greener alternative to lithium-ion [7]

Core Points - Globalink Investment Inc. has extended the deadline to complete its initial business combination from October 9, 2025, to November 9, 2025, by depositing $0.15 per public share, totaling $10,890.15 into its trust account [1] - This extension marks the twenty-eighth extension since the company's initial public offering on December 9, 2021, and the fifth of up to six extensions allowed under its governing documents [1] Company Overview - Globalink is a special purpose acquisition company (SPAC) formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - The company has no restrictions on the industry or geographic region for potential targets but intends to focus on the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia (excluding China, Hong Kong, and Macau) [2]

Core Insights - The China-Singapore Green Development Forum was held on September 18, 2025, focusing on green and low-carbon development cooperation between China and Singapore [1][2] - The China-Singapore Tianjin Eco-City is a significant intergovernmental project, recently approved as a national green development demonstration zone for 2024-2035 [3][4] Economic Development - The region aims to enhance its status as a national green development demonstration zone, integrating a green and low-carbon economy with urban construction [4][5] - In the first half of 2025, the regional GDP grew by 11.2%, indicating strong economic performance [5] Cooperation Outcomes - Significant cooperation outcomes were achieved during the forum, including the inauguration of the international demonstration center for green and low-carbon building technology and the launch of several alliances for technology and cultural cooperation [6]

Financial Performance & Key Developments - Fusion Fuel achieved revenues of €6.93 million in 1H 2025, primarily driven by Al Shola Gas [27, 28] - The company forecasts a 70% year-over-year revenue growth [19, 32] - Fusion Fuel anticipates a 54% year-over-year cost reduction [20, 32] - The company raised $8.2 million by August 2025 [21] Al Shola Gas - Al Shola Gas secured ~$4 million in engineering, supply & installation contracts [26] - Al Shola Gas added ~$1 million in estimated annual recurring revenue from 1,800+ residential and 2 commercial service contracts [26] - Al Shola Gas secured over $6.7 million in new contracts [55] - Al Shola Gas has ~$1.77 million in annual recurring revenues from new supply contracts [55] BrightHy Solutions - Bright Hydrogen Solutions entered an agency agreement with Houpu Global Clean Energy [26] - Bright Hydrogen Solutions signed a non-binding term sheet for a prospective project-funding partnership of up to €30 million over four years [26] M&A Activities - Fusion Fuel signed a non-binding Head of Terms to acquire 100% of a UK-based fuel distribution company with ~£42 million revenue & ~£6.8 million net income in FY ending April 2025 [26]

Group 1: Core Companies and Industries - Notable companies such as Huawei, DeepSeek, CATL, Zhongzhong Group, Alibaba, Tencent, and BYD are recognized in the 2025 Fortune China Technology 50 list, with a focus on popular sectors like artificial intelligence, robotics, biomedicine, and green energy [3][9][10] - The robotics sector is highlighted with companies like Yushu Technology, Yundong Technology, and Luoshi Robotics, which are innovating in areas such as motion control, high-performance joint motors, and autonomous inspection robots [5][6] Group 2: Artificial Intelligence Developments - DeepSeek has gained significant attention, ranking in the top 10 for global open-source model downloads, with 163 million monthly active users as of June 2025, leading the AI-generated content application market [7] - ByteDance is also recognized for its substantial investment in AI, with a projected capital expenditure of 80 billion yuan in 2024, surpassing the combined total of Baidu, Alibaba, and Tencent [7] - Drip Technology, a provider of enterprise-level AI application solutions, ranks first in the Chinese market for its general enterprise operational decision-making model [8] Group 3: Biomedicine and Green Energy Innovations - The biopharmaceutical sector features companies like CSPC Pharmaceutical Group, which is developing over 200 innovative drug projects across various therapeutic areas, with over 50 new drugs expected to be submitted for approval by the end of 2028 [11] - Kangfang Biotech is noted for its comprehensive drug development system, with over 50 innovative drug candidates, 24 of which are in clinical stages, making it one of China's leading antibody drug developers [11] - Trina Solar has initiated a 49.9MW solar-storage integration project in the UK, which will supply power to over 16,500 households and reduce carbon emissions by nearly 15,000 tons annually [11] Group 4: Overall Industry Trends - The companies listed in the Fortune China Technology 50 are focusing on practical applications of large models in vertical sectors like finance and healthcare, optimizing efficiency while advancing robotics for high-risk tasks [12] - The emphasis is also on developing cleaner and more efficient energy solutions, promoting a harmonious relationship between humanity and nature [12]

Industry Impact - Nascent green energy companies in the UK anticipate negative impacts from the closure of the country's ethanol industry [1] Decarbonization Efforts - The closure of the ethanol industry may hinder the UK's decarbonization efforts [1]

Core Viewpoint - Aker Horizons ASA announced significant structural changes and financial results for the first half of 2025, including a proposed merger and substantial net losses from operations [2][5]. Group 1: Structural Changes and Merger - Aker Horizons proposed a merger of its subsidiary Aker Horizons Holding with Aker MergerCo, which is a subsidiary of Aker ASA, involving shares and cash as consideration [2]. - The merger is expected to be completed in August 2025, and shareholders will receive NOK 0.267963 in cash and 0.001898 shares in Aker ASA for each share owned in Aker Horizons [3][4]. - Post-merger, Aker Horizons will maintain a cash position of approximately NOK 20 million and convertible debt of NOK 1.6 billion, while remaining listed on the Oslo Stock Exchange [4]. Group 2: Financial Performance - The consolidated net loss from continuing operations in H1 2025 was NOK 338 million, primarily due to interest costs and foreign exchange hedge losses [5]. - The consolidated net loss from discontinued operations in H1 2025 was NOK 1,863 million, which included non-recurring items such as a NOK 263 million loss from the sale of a 20% stake in SLB Capturi AS and a NOK 466 million write-down of offshore wind assets [6].

Core Viewpoint - Globalink Investment Inc. has extended the deadline for its initial business combination by depositing $0.15 per public share into its trust account, marking the twenty-fourth extension since its IPO in December 2021 [1] Company Overview - Globalink is a special purpose acquisition company (SPAC) formed to pursue mergers, share exchanges, asset acquisitions, and similar business combinations without restrictions on industry or geographic region [2] - The company intends to target businesses in North America, Europe, Southeast Asia, and Asia (excluding China, Hong Kong, and Macau) specifically in the medical technology and green energy sectors [2]

Financial Data and Key Metrics Changes - Consolidated net sales for Q3 FY 2025 increased by 2.7% to $53.8 million compared to $52.4 million in Q3 FY 2024, marking the third consecutive quarterly year-over-year increase in sales [11] - Non-GAAP operating profit for Q3 FY 2025 rose to $2.2 million, up from $1 million in the prior year [6][12] - Consolidated gross margin for Q3 FY 2025 was 31.0%, up from 29.5% in Q3 FY 2024, driven by margin expansion in PMT and GES [13] - Net loss for Q3 FY 2025 was $2.1 million, while non-GAAP net income was $1.6 million, compared to a net income of $0.8 million in Q3 FY 2024 [15] Business Line Data and Key Metrics Changes - Semiconductor wafer fab sales surged by 139% year-over-year, while Canvys sales increased by 39.5% [5][12] - PMT sales grew by 6.6% due to higher sales to semiconductor wafer fab customers [12] - GES sales totaled $9.3 million, a 55% increase over Q2 FY 2025 but down 19% year-over-year due to lower sales of wind turbine battery modules [23] - Canvys net sales increased by 39.5% to $9.2 million in Q3 FY 2025, driven by higher sales in North American markets [36] Market Data and Key Metrics Changes - The backlog for GES and PMT remained strong at $95 million at the end of Q3 FY 2025 [27] - Canvys' backlog at the end of Q3 FY 2025 was $36.6 million, providing a robust foundation for future business [36] Company Strategy and Development Direction - The company is focusing on core businesses, particularly Green Energy Solutions, following the sale of its Healthcare business [7][42] - The strategic transaction is expected to simplify the business and improve the financial model long-term [42] - The company aims to capitalize on policies driving manufacturing back to the US and increase the need for US content [8] - Investments will be made in business development and engineering teams to improve market reach and time to market [49] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth opportunities in semiconductor wafer fab equipment and Green Energy Solutions [53] - The current operating environment is described as fluid, with expectations of limited market growth in the US but continued sales growth through market share gains [29] - The company is well-positioned to differentiate itself in global niche markets like energy storage [48] Other Important Information - The company ended Q3 FY 2025 with no debt and $36.7 million in cash and equivalents [19] - A quarterly cash dividend of $0.06 per common share was declared, to be paid in Q4 FY 2025 [20] Q&A Session Summary Question: What should we expect in terms of sequential growth for GES? - Management expects growth in Q4 FY 2025 and FY 2026 based on backlog and inventory position [57] Question: Are there any cancellations or delays in projects? - No cancellations reported; all identified programs are moving forward [60] Question: How is the semiconductor wafer fab business performing? - Strong growth is expected to continue, with visibility from corporate and engineering teams [62] Question: How will capital allocation be handled post-Healthcare sale? - Initial investments will focus on expanding existing products and technologies [86] Question: Can you provide updates on Progress Rail and Wabtec? - Significant orders are being processed, with shipments expected in FY 2026 [94][97] Question: What are the expected losses from the Healthcare segment? - Specific loss figures are not disclosed, but efforts are being made to minimize them [104]