Items filtered by date: September 2017
Thursday, 28 September 2017 16:52

IGEM 2017 To Power Green Cities   

“The 8th International Greentech & Eco Products Exhibition & Conference Malaysia, IGEM 2017, themed Powering Green Cities, will attract 25,000 trade visitors from over 20 countries and aims to generate RM1.6 billion in business leads,” said Dato’ Seri SK Devamany, Acting Deputy Minister, Ministry of Energy, Green Technology and Water (KeTTHA). 

Organised by KeTTHA and co-organised by Malaysian Green Technology Corporation (GreenTech Malaysia), the region’s go-to green technology platform will be held at the Kuala Lumpur Convention Centre from 11th to 13th October and will feature 320 exhibitor booths.

Published in GENERAL
Thursday, 28 September 2017 14:02

Pavilion Damansara Heights Launched

Pavilion Group and the Canada Pension Plan Investment Board (“CPPIB”) held an exclusive unveiling of Kuala Lumpur’s most anticipated integrated development, Pavilion Damansara Heights in Pusat Bandar Damansara (PBD), today.

Representing Canada Pension Plan Investment Board (“CPPIB”)’s first direct real estate investment in Malaysia and Southeast Asia, Pavilion Damansara Heights is an upscale integrated development spanning 16 acres of prime freehold land comprising 10 corporate towers, 5 residential towers and a retail mall. With a gross development value (“GDV”) of RM9 billion, this exciting development is situated at one of the most prime and affluent locations in Kuala Lumpur. 

Published in GENERAL

MyHSR Corporation Sdn Bhd of Malaysia and Land Transport Authority of Singapore successfully conducted a second Industry Briefing on 26 September 2017 to continue the market engagement process for the Kuala Lumpur – Singapore High Speed Rail (‘HSR’) project. 

 Similar to the first Industry Briefing, the second Industry Briefing provided further information and details on the Assets Company (‘AssetsCo’) tender, taking into account the key points arising from the first Industry Briefing and discussions with the relevant stakeholders. 

Published in GENERAL

Funding Societies, Singapore’s and Southeast Asia’s leading SME crowdfunding platform, has announced the launch of its chatbot Miyu on its website (fundingsocieties.com). This is the first such chatbot created by a crowdfunding company in Southeast Asia. Interestingly, Miyu was jointly developed by two Singapore Management University interns at Funding Societies along with bot platforms meya.ai and api.ai, using machine learning, and natural language processing.

While a live chat is already available during the usual working hours, Miyu works round the clock to answer queries that a business owner may ask about the loan products offered by Funding Societies. By engaging in an interactive and light-hearted way, Funding Societies aims to increase the awareness and confidence of peer-to-peer lending amongst SMEs, thereby helping them reach their business goals through alternative finance.

Published in GENERAL

ACCA (the Association of Chartered Certified Accountants) and i2M Ventures recently signed a Strategic Partnership to officially seal a collaboration between both parties to create a ready pool of GBS-skilled talents equipped with Global Business Services (GBS) Qualifications and expertise amongst final year students in institutions of higher learning and to promote Iskandar Puteri as a hub for Global Business Services. 

The partnership involves a sponsorship of up to 300 ACCA GBS Diploma by i2M Ventures to nurture talents in support of the growing GBS investment in Iskandar Puteri. 

Published in GENERAL

A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Lonpac Insurance Bhd (Lonpac) (Malaysia). The outlook of these Credit Ratings (ratings) is positive.

The rating affirmations reflect Lonpac’s strong risk-adjusted capitalization and very strong track record of operating performance. The company’s risk-adjusted capitalisation is supported by a consistent and strong internal capital generation ability that has kept its underwriting leverage low. 

Published in CORPORATE
Wednesday, 27 September 2017 13:12

Malaysia Airports Launches FlyKLIA

Malaysia Airports has launched FlyKLIA, an online travel portal which is set to be Malaysia's next level interactive and experience-sharing platform that can serve as a comprehensive tourist guide for visitors to Malaysia. FlyKLIA, was launched at the recent World Routes 2017 – an aviation route and network development forum held in Barcelona, Spain from 23 to 26 September.

 FlyKLIA aims to enhance airport users’ travel experience in Malaysia by creating a platform for both business and leisure travellers to come together and share their experiences. Positioned as a platform for travellers by travellers, users are able to write and read reviews of tourist destinations, learn tips and tricks while travelling and look for places to visit or events to attend.

Published in GENERAL

PRG Holdings Bhd, a Bursa Malaysia Main Market-listed investment holding Company with its interest in property development, construction and manufacturing businesses, is pleased to announce that the Company has today received the approval from The Stock Exchange of Hong Kong Limited to list its manufacturing and manufacturing-related business via a listing of new shares in the Growth Enterprise Market (GEM) in HK Exchange on 16 October 2017.

The listing application was submitted via Shenwan Hongyuan Capital (H.K.) Limited, the sole sponsor in May this year. The Listco is incorporated in the Cayman Islands and is a wholly-owned subsidiary of PRG. 

Published in CORPORATE

In line with the Government’s mission of increasing the number of knowledge workers to 35% by 2020, AIMSMET Executive Education Sdn Bhd designed one-of-a-kind programmes in commercial management through life-long learning and practical training for students. At an event in Cyberjaya, AIMSMET, Malaysia and Institute of Commercial Management (ICM, UK) launched ASEAN’s first landmark collaboration for the digital economy. 

Yang Berusaha Mr. Abu Bakar Koyakutty, MATRADE's Senior Director of Exports Promotion and Market Access Division, graced the event with his presence and officially launched the programmes.

Published in GENERAL

Affin Hwang Asset Management Bhd has declared a total of RM50.88 million distributions for 10 funds. These funds span across 5 different multi-currency class funds, providing investors with options to invest in their preferred currency. The income distributions were distributed across the Company’s retail and wholesale funds. 

Published in MARKETS
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