OCTOBERASIA BUSINESS OUTLOOK9NEWSROOMENVISION ENERGY DEEPENS TIES WITH AUSTRALIAOSL Group, a Hong Kong-based financial services firm specializing in digital assets, has announced the acquisition of Koinsayang, a licensed cryptocurrency exchange in Indonesia, through the issuance of approximately 9.3 million shares.This strategic acquisition grants OSL Group full regulatory approval to operate in Indonesia, significantly strengthening its presence in Southeast Asia's rapidly expanding crypto market.With this move, OSL Group gains licenses to offer cryptocurrency and derivatives trading under Indonesian regulatory frameworks, aligning with its mission to expand regulated digital asset services across key global markets. Indonesia is one of Asia's most promising crypto markets, with rising adoption among retail and institutional investors.Key Highlights· OSL Group acquires Koinsayang via share issuance· Gains licenses for crypto and derivatives trading in Indonesia· Strengthens presence in Southeast Asia's regulated crypto marketThe acquisition of Koinsayang will enable OSL Group to provide a comprehensive suite of digital asset services, including secure trading infrastructure, derivatives products, and custody solutions, catering to both individual and institutional clients. This also positions OSL as a leading player in Southeast Asia, complementing its operations in Hong Kong and other jurisdictions.Industry experts view this acquisition as a significant step in bridging traditional finance and digital assets in the region. By combining Koinsayang's local market expertise with OSL's global experience, the deal is expected to boost liquidity, expand product offerings, and enhance trust among crypto users in Indonesia. Beijing-based Envision Energy, the world's leading player in green technology, has reaffirmed its long-term strategic focus on Australia's clean energy industry. At a top-level meeting with Australian Ambassador to China, H.E. Mr. Scott Dewar, the company mapped out plans to accelerate investments and partnerships in clean energy in Australia.Envision will concentrate on the development of large-scale renewable energy projects, net-zero industrial parks, and green hydrogen and ammonia projects, while also localizing the renewable energy supply chain to enhance Australia's domestic capacity."Australia's natural strengths and policy leadership in clean energy position it as a strategic market of prime importance for Envision. We are not only investing in projects--but in long-term cooperation, innovation, and capacity-building." commented Kane Xu, Senior Vice President and President of International Product Lines at Envision Energy.Key highlights:· Beijing-based Envision Energy reaffirmed its long-term commitment to Australia's renewable energy sector, focusing on large-scale hybrid projects, green hydrogen, and localizing supply chains· Envision signed a strategic partnership with ANZ to accelerate green finance, cross-border investment, and energy transition--witnessed by Australian officials in Shanghai· With its Australian HQ in Melbourne and ongoing collaboration with FERA Australia, Envision aims to support Australia's net-zero goals through innovation, infrastructure, and institutional partnershipsEnvision has already set up its Australian head office in Melbourne, and along with FERA Australia, is building hybrid renewable projects throughout the National Electricity Market (NEM).Concurrently, Envision signed a strategic collaboration with ANZ Bank, which was witnessed by Mr. John Williams, Australian Consul-General in Shanghai. The partnership will intensify cooperation in green finance, cross-border investment, and energy transition strategies.Paul Richards, Global Head of Resources, Energy & Infrastructure at ANZ, remarked, "We see Envision as a key partner in driving net-zero goals. We're excited to support their growth with tailored financial strategies across Australia and the region."With strong institutional backing and policy alignment, Envision is set to play a leading role in shaping Australia's future-ready clean energy ecosystem. OSL GROUP BUYS KOINSAYANG, EXPANDS CRYPTO PRESENCE IN INDONESIA
<
Page 8 |
Page 10 >