CORPORATE

RHB Islamic Provides Total E-Solutions To PBT Pengerang

 |  Tuesday, 31 October 2017 16:18  |  Published in CORPORATE

RHB Islamic Bank Bhdn has signed a strategic partnership with PBT Pengerang to provide total e-solutions in managing its payment and collection services. The partnership will boost PBT Pengerang’s capabilities to enable it to tap into new business opportunities. 

“RHB Islamic is honoured to be the first cashless solution provider for PBT Pengerang. Through this collaboration, RHB Islamic will be able to provide local businesses and vendors of Bandar Penawar a simple, fast and seamless banking. We will continuously work towards providing our customers with innovative financial solutions to meet their business needs,” said Datuk Adissadikin Ali, Managing Director, RHB Islamic Bank.

Boustead Plantations Investing RM750 million in Land Expansion

 |  Tuesday, 31 October 2017 16:16  |  Published in CORPORATE

Boustead Plantations Berhad (BPB) moved further towards the expansion of its land bank today as it entered into a sales and purchase agreement for the acquisition of 42 parcels of land amounting to a total of approximately 11,600 hectares, located within the district of Labuk and Sugut, Sabah. 

The purchase consideration for the land is RM750 million, derived at on a willing-buyer willing-seller basis after taking into consideration the market value of the land as appraised by independent valuers. The purchase consideration represents a discount of RM10 million or 1.3% from the market value of the plantation assets of RM760 million. The land will be acquired by BPB’s wholly-owned subsidiary, Boustead Rimba Nilai Sdn Bhd.

PUC’s Founder Qube Enters MoU with Advwhere Limited

 |  Thursday, 26 October 2017 15:21  |  Published in CORPORATE

ACE Market-listed company, PUC Bhd (formerly known as PUC Founder (MSC) Berhad) through its wholly-owned subsidiary, Founder Qube Sdn Bhd (“FQ”), today reiterated its commitment to grow its advertising and media business in Southeast Asia by signing a Memorandum of Understanding (“MoU”) with Advwhere Limited, a leading social media analytics and influencer marketing company, with operations primarily in Hong Kong and Taiwan. 

The MoU will see FQ becoming an exclusive business partner that will market Advwhere Limited’s proprietary digital media influencer platform (“Cloudbreakr Technology”) in digital advertising to expand its business reach to more core markets, in particular, Malaysia, Indonesia and Singapore. 

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