Items filtered by date: June 2017

US-based Razer, the leading global lifestyle brand for gamers, has announced a strategic partnership with MOL AccessPortal, a leading e-payment enabler in Asia.

MOL has been appointed as a master distributor of Razer’s virtual currency, zGold. With the Southeast Asia gaming market set to grow to US$2.2 billion in revenue this year1, Razer and MOL will now take the lead in revolutionizing gaming transactions in South East Asia and other emerging markets.

Published in GENERAL
Thursday, 22 June 2017 12:49

Malaysia Economy On Track in 2017

The OECD Economic Outlook (June 2017) projected Malaysia’s economy to remain robust with growth of more than four per cent throughout 2016/17, while global GDP growth is expected to increase from 3 per cent in 2016 to 3.5 per cent in 2017 and 3.6 per cent in 2018. 

Speaking after launching the MITI Report 2016 recently, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said despite slowdown in global economies, low commodity prices, volatile financial markets, lower oil prices, uncertain economic policies and more intense regional competition, Malaysia has managed to sustain positive economic growth of 4.2 per cent in 2016 and 5.6 per cent in the first quarter 2017. While GDP growth for the quarter had beat expectations, Bank Negara Malaysia maintained its full-year forecast range of 4.3 to 4.8 per cent of 2017. 

Published in GENERAL

Digi Telecommunications Sdn Bhd (Digi) customers can now enjoy a new sense of freedom with Digi’s new Freedom to Internet proposition. Freedom to Internet is a combination of services and offerings that run on top of the company’s advanced 4G Plus network.

Speaking at the launch of Freedom to Internet, Digi’s Chief Marketing Officer, Loh Keh Jiat said: “We want to bring a new sense of freedom to our customers. To do this we need to maximize and bring out the full capability of our advanced 4G Plus network to offer the kind of digital services that are in-demand.”

Published in GENERAL

The Malaysia Petroleum Resources Corporation (MPRC) remains on track in its efforts to strengthen the oil & gas services and equipment (OGSE) industry in order to develop greater resilience and global competitiveness. 

According to its Corporate Report 2016, the agency surpassed its target of RM650 million to bring in RM683.7 million worth of OGSE investments last year. Additionally in 2016, MPRC facilitated the establishment of regional headquarters for three OGSE MNCs in Malaysia and assisted nine OGSE companies to bid for Oil & Gas (O&G) projects in six countries. 

Published in CORPORATE

Diversified group Kumpulan Perangsang Selangor Berhad announced yesterdaythat it had raised its shareholdings in KPS-HCM Sdn Bhd (KPS-HCM) to hold majority stake in the company that does infrastructure works and road maintenance.

KPS-HCM is involved in road and highway construction as well as road maintenance and rehabilitation in the State of Selangor. The company is a partnership between KPS and HCM Engineering Sdn Bhd (HCM Engineering), a subsidiary of Protasco Berhad.

Published in CORPORATE

REDtone International Berhad (REDtone) aims for its cloud service, REDtone flexiCloud, to be the go-to technology partner for enterprises pursuing digital transformation which is crucial for businesses to stay relevant in today’s marketplace. 

According to the IT Transformation Maturity Curve Study conducted by the Enterprise Strategy Group (ESG), more Malaysian businesses need to digitally transform to avoid falling behind. 

Published in GENERAL
Wednesday, 21 June 2017 09:56

Astro Launches Blaze Digital 

Blaze Digital, Astro’s digital marketing arm was launched today, offering integrated digital-first solutions for marketers across Astro’s 21 iconic digital brands which include Astro Gempak, top Malay entertainment portal, Astro Awani, Malaysia’s No.1 news portal, Chinese lifestyle portal Xuan and Rojak Daily offering the latest entertainment and lifestyle updates as well as 11 independent digital publications. 

TH Chong, Group Director at Astro’s Media Sales said, “We aspire to be a key player in the digital space, as digital is currently the fastest growing category. Today, the local digital ADEX is dominated by global players, although we are the number one* local digital publisher.”

Published in GENERAL

Bukit Bintang City Centre (BBCC) moved a step closer to realising its vision of becoming Kuala Lumpur’s new icon with the ground-breaking ceremony for the commencement of works for the development and the retail mall held yesterday.

BBCC and Mitsui Shopping Park LaLaport KL (LaLaport KL) officially enter the construction stage with the groundbreaking by Prime Minister Datuk Seri Mohd Najib bin Tun Haji Abdul Razak.

Published in GENERAL
Wednesday, 21 June 2017 09:51

SDB To Sell Wisma Selangor Dredging

Selangor Dredging Berhad (SDB) has entered into a conditional sale and purchase agreement to sell Wisma Selangor Dredging for a cash consideration RM480 million to Golden Eagle Realty Sdn. Bhd.

In an announcement to Bursa Malaysia this evening, SDB said the sale consideration was arrived at on a willing buyer-willing seller basis. Golden Eagle Realty Sdn. Bhd. is a wholly- owned subsidiary of Nation Venue Sdn. Bhd, which is 99% owned by Tan Sri Dato’ Koo Yuen Kim who is well known for his successful entrepreneurial ventures both in China and Malaysia.

Published in CORPORATE

Sunsuria Bhd and PRG Holdings Bhd, both Bursa Malaysia Main Market-listed companies are pleased to announce that via their respective subsidiaries, Sunsuria City Sdn Bhd (SCSB) and Premier Electrify Sdn Bhd (PESB)  have signed a Memorandum of Collaboration (MOC)  that will see PRG to deploy Electric Vehicles (EV) Charging Stations within the area of Sunsuria City, Sepang, next to the Express Rail Link station. 

This is the first collaboration between both parties to contribute towards sustainable development and building a competitive green economy in Malaysia.

Published in CORPORATE
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