KUALA LUMPUR, June 10 (Bernama) -- Pengerang Energy Complex Sdn Bhd (PEC) has awarded the engineering, procurement, construction and commissioning (EPCC) contract for its Pengerang Energy Complex project in Johor, Malaysia, to China National Chemical Engineering Company Limited (CNCEC).
The award marks a key milestone for PEC as the project progresses through the final approval process with global export credit agencies and project finance lenders.
A PEC spokesperson said the award reflects the project’s continued progress towards construction and the company’s commitment to delivering a world-scale facility.
According to a statement, CNCEC was selected following a comprehensive evaluation of its technical expertise, financial strength and project execution capabilities.
As a global engineering and construction group, CNCEC brings extensive experience in large-scale energy and petrochemical projects, including familiarity with Honeywell UOP technologies that form part of the project's process design.
The collaboration is expected to strengthen the strategic partnership between PEC and CNCEC and support future cooperation on PEC’s planned energy and petrochemical developments.
PEC is developing the Pengerang Energy Complex in Johor, Malaysia, an integrated refinery and petrochemical project aimed at serving regional and international markets.
-- BERNAMA
Wednesday, June 10, 2026
PETRONAS STRENGTHENS STRATEGIC PARTNERSHIPS AND STATE PARTICIPATION TO SUSTAIN DOMESTIC ENERGY VALUE
KUALA LUMPUR, June 10 (Bernama) -- PETRONAS, through its wholly owned subsidiary, PETRONAS Carigali Sdn Bhd, has entered into several agreements involving selected producing upstream assets in Peninsular Malaysia and Sarawak, reinforcing its commitment to sustaining long-term value creation for Malaysia by further leveraging on a partnership-led approach. The agreements form part of PETRONAS’ broader portfolio optimisation efforts to develop upstream assets responsibly and sustainably, in support of Malaysia’s long-term energy security and industry development.
As part of this approach, EnQuest Petroleum Production Malaysia Ltd is to assume operatorship and participating interests (PI) in the Balingian PSC, SK8 PSC and D35 PSC, while also participating as a nonoperating partner in the PM6/12 PSC. The company is envisaged to leverage its Group’s integrated technical capabilities and experience in managing brownfield and late-life assets to support the continued operations and redevelopment of these producing assets.
A key component of one of these agreements is the participation of Terengganu’s TI Exploration & Production Sdn. Bhd. (TI EP), which will hold a non-operated PI in the PM6/12 PSC. The participation reflects PETRONAS’ continued efforts to facilitate state involvement in Malaysia’s upstream industry, enabling state-linked entities to build capabilities and participate meaningfully in the development of the nation’s petroleum resources. TI EP is a joint venture company between TI Petroleum Sdn. Bhd., a wholly owned subsidiary of Terengganu Inc., the state-owned strategic investment arm and Ping Petroleum Limited, an independent upstream company focused in the niche area of late-life oil and gas assets, particularly in brownfield redevelopment of producing fields in the North Sea of the United Kingdom.
These strategic partnerships bring together complementary strengths to support the continued and efficient operations of these upstream assets, while facilitating operational learning, technical exchange and capability enhancement within Malaysia’s upstream sector, ensuring continued stewardship of Malaysia’s petroleum resources under the Petroleum Arrangement framework. By combining PETRONAS’ deep understanding of the domestic resource base with the specialised expertise of its partners, the arrangements are expected to support sustained production, maximise resource recovery and strengthen the resilience of Malaysia’s upstream ecosystem.
Mohd Jukris Abdul Wahab, Chief Operating Officer and Executive Vice President & CEO of Upstream PETRONAS, said the partnerships reflect PETRONAS’ responsibility to steward the nation’s resources responsibly while ensuring continued value creation for the country and its stakeholders.
“As these assets mature, it is important that they continue to be supported by the right partnerships to sustain value creation responsibly and over the long term. This includes creating opportunities for state participation, while bringing in partners with complementary capabilities and relevant operating experience. This approach will position us to attract continued investment, strengthen industry capabilities, and support Malaysia’s energy security, while ensuring these assets continue to deliver value for the nation.”
PETRONAS remains committed to advancing Malaysia’s energy interests responsibly, while continuing to foster collaboration across federal and state stakeholders, industry partners, and the broader upstream ecosystem.
Issued by
Media Management, Channels & Media Relations
Group Strategic Relations & Communications
PETRONAS
SOURCE: Petroliam Nasional Berhad (PETRONAS)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nabil Basaruddin:
Tel: +6012-424 9750
Email: nabil.basaruddin@petronas.com
Name: Hana Naz Harun
Tel: +6010-455 3378
Email: hananazsulaeeqa.haru@petronas.com
--BERNAMA
As part of this approach, EnQuest Petroleum Production Malaysia Ltd is to assume operatorship and participating interests (PI) in the Balingian PSC, SK8 PSC and D35 PSC, while also participating as a nonoperating partner in the PM6/12 PSC. The company is envisaged to leverage its Group’s integrated technical capabilities and experience in managing brownfield and late-life assets to support the continued operations and redevelopment of these producing assets.
A key component of one of these agreements is the participation of Terengganu’s TI Exploration & Production Sdn. Bhd. (TI EP), which will hold a non-operated PI in the PM6/12 PSC. The participation reflects PETRONAS’ continued efforts to facilitate state involvement in Malaysia’s upstream industry, enabling state-linked entities to build capabilities and participate meaningfully in the development of the nation’s petroleum resources. TI EP is a joint venture company between TI Petroleum Sdn. Bhd., a wholly owned subsidiary of Terengganu Inc., the state-owned strategic investment arm and Ping Petroleum Limited, an independent upstream company focused in the niche area of late-life oil and gas assets, particularly in brownfield redevelopment of producing fields in the North Sea of the United Kingdom.
These strategic partnerships bring together complementary strengths to support the continued and efficient operations of these upstream assets, while facilitating operational learning, technical exchange and capability enhancement within Malaysia’s upstream sector, ensuring continued stewardship of Malaysia’s petroleum resources under the Petroleum Arrangement framework. By combining PETRONAS’ deep understanding of the domestic resource base with the specialised expertise of its partners, the arrangements are expected to support sustained production, maximise resource recovery and strengthen the resilience of Malaysia’s upstream ecosystem.
Mohd Jukris Abdul Wahab, Chief Operating Officer and Executive Vice President & CEO of Upstream PETRONAS, said the partnerships reflect PETRONAS’ responsibility to steward the nation’s resources responsibly while ensuring continued value creation for the country and its stakeholders.
“As these assets mature, it is important that they continue to be supported by the right partnerships to sustain value creation responsibly and over the long term. This includes creating opportunities for state participation, while bringing in partners with complementary capabilities and relevant operating experience. This approach will position us to attract continued investment, strengthen industry capabilities, and support Malaysia’s energy security, while ensuring these assets continue to deliver value for the nation.”
PETRONAS remains committed to advancing Malaysia’s energy interests responsibly, while continuing to foster collaboration across federal and state stakeholders, industry partners, and the broader upstream ecosystem.
Issued by
Media Management, Channels & Media Relations
Group Strategic Relations & Communications
PETRONAS
SOURCE: Petroliam Nasional Berhad (PETRONAS)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nabil Basaruddin:
Tel: +6012-424 9750
Email: nabil.basaruddin@petronas.com
Name: Hana Naz Harun
Tel: +6010-455 3378
Email: hananazsulaeeqa.haru@petronas.com
--BERNAMA
KPMG in Malaysia continues to support Malaysian graduates in becoming future-ready talents
 |
| PIC 001: Foong Mun Kong, Managing Partner of KPMG in Malaysia, with the 2026 cohort of Young Star scholars |
To date, the Education Trust Fund (ETF) has invested more than RM1.8 million
PETALING JAYA, June 10 (Bernama) -- Coming back strong in its third year, KPMG in Malaysia recently awarded 24 scholars through its Young Star Scholarship Program, with a one-time financial support ranging from RM 8,000 to RM 10,000. This reinforces its ongoing commitment to supporting accessible higher education and cultivating future-ready talents, particularly those from B40 and underserved communities.
Established in 2022, the Young Star Scholarship Program is part of the broader umbrella of the KPMG Education Trust Fund (ETF), together with KPMG Young Spark Sponsorship, which supports primary and secondary school students, and the KPMG Young Excellence Sponsorship, that recognize the children of KPMG in Malaysia employees. This ETF is backed by a RM5 million pledge from the Partners of KPMG in Malaysia, structured to disburse RM500,000 annually over 10 years.
Since its establishment, the Education Trust Fund (ETF) has supported 983 beneficiaries, with a total investment of more than RM1.8 million. This includes RM682,000 awarded through the Young Star Scholarship Program to 77 scholars over the past three years, underscoring KPMG’s global 10by30 commitment to positively impact 10 million underrepresented and economically disadvantaged youth by 2030 by expanding access to education and opportunity.
Foong Mun Kong, Managing Partner of KPMG in Malaysia, said: “At KPMG in Malaysia, we recognize that the next generation will enter a world defined by rapid transformation, including the rise of AI and increasing macroeconomic complexity. In this context, success will not be defined by having all the answers, but by adaptability, agility, and continuous learning. The Young Star Scholarship Program reflects this conviction. It provides access to higher education and builds the resilience and capabilities students need to thrive in a rapidly changing world.”
Besides financial support to complete their professional papers, the scholarship also provides a structured pathway that includes a guaranteed internship placement and a one-year employment bond upon graduation. Scholars are also supported through ongoing mentorship and professional development, complemented by exposure to firm-led learning, leadership development, and sustainability-focused CSR initiatives throughout their journey.
“The future belongs to those who learn, unlearn, and relearn. This is the spirit behind our commitment to shaping future-ready talent, and individuals who are prepared not just for today’s challenges, but for the possibilities of tomorrow.” added Foong.
For more information, visit: kpmg.com.my/EducationTrustFund. A brochure is attached for further details on the program.
Link: KPMG Young Star Brochure 2026
SOURCE: KPMG PLT
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Andrew Leong
Assistant Manager, Marketing & Communications
KPMG in Malaysia
Tel: 017-4737042
Email: kaijianleong@kpmg.com.my
Name: Khadijah Zainal
Senior Executive, Marketing & Communications
KPMG in Malaysia
Tel: 011-11468571
Email: khadijahzainal@kpmg.com.my
--BERNAMA
Monday, June 8, 2026
Fiamma Sharpens Product Development Strategy to Capture Malaysia’s Evolving Home Appliance Market
KUALA LUMPUR, June 8 (Bernama) -- Fiamma Holdings Bhd is sharpening its product development strategy as it expands beyond its traditional kitchen appliance base into broader home, lifestyle, cooling and healthcare-related categories.
Group chief executive officer Jimmy Tan Chee Wee said the group’s focus remains on understanding Malaysian consumers and developing products that are practical, relevant and suited to local living conditions.
“Malaysia is our home market. We understand how consumers live, cook, renovate and use appliances. That gives us an advantage when we work with partners to develop products that solve real pain points.”
Fiamma owns and distributes brands including ELBA, RUBINE, FABER, TUSCANI and HAUSTERN. It also distributes selected international brands across home appliance, healthcare and medical device categories.
Tan said Fiamma’s advantage lies in combining consumer insights, dealer feedback and supplier relationships to introduce products that meet local needs. Rather than moving immediately into manufacturing, the group remains focused on asset-light sourcing, product customisation and co-development with established factories.
“For now, our priority is product relevance, quality, speed to market and customer experience. Manufacturing is not something we are rushing into. It has to make commercial sense.”
Fiamma has been refreshing its brand portfolio. ELBA targets the mass-market segment, RUBINE is positioned around design and innovation, while FABER has been repositioned with a contemporary identity focused on small domestic appliances and lifestyle-led products.
Tan said the product strategy is built around products, partners and people. Before launching new models, Fiamma studies consumer behaviour, market data, competitor offerings and dealer feedback, followed by prototype testing, technical vetting, certification and after-sales readiness.
Recent developments include a slimline instantaneous water heater with energy optimisation and sensing features to help maintain water temperature despite water pressure fluctuations.
Fiamma is also enhancing kitchen ventilation products, including cooker hoods for condominiums and homes without external ducting, with some models using sensor-driven features to adjust fan speed based on cooking fumes.
Beyond kitchen appliances, Fiamma is expanding into laundry, cleaning, dishwashing and cooling solutions as part of its broader home-solutions strategy.
In air-conditioning, the group established a distribution joint venture under the VINO brand with a Zhuhai-based manufacturer. Operations began in July 2025, with Fiamma focusing on channel development, installer training, after-sales readiness and project specification work.
“The first two to three years are about building confidence. Air-conditioning is not just about selling a box. Installation and service quality are critical.”
The group is also building its healthcare and medical devices business, covering hospitals, clinics, pharmacies and consumer healthcare outlets, supported by rising health awareness and an ageing population.
For the first quarter ended March 31, 2026, Fiamma’s revenue rose 5.9% year-on-year to RM104.36 million, supported mainly by the Trading and Services segment, which grew 11.6% to RM87.0 million. Profit normalised to RM10.75 million from RM36.19 million a year earlier, as the previous corresponding quarter included non-recurring gains.
“We want growth, but it must be profitable growth. The market is competitive, so we must be disciplined.”
SOURCE : Aegis Communication
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Jason Fong
Tel: +6012-8631134
Email: jason@aegiscomm.com.my
--BERNAMA
Group chief executive officer Jimmy Tan Chee Wee said the group’s focus remains on understanding Malaysian consumers and developing products that are practical, relevant and suited to local living conditions.
“Malaysia is our home market. We understand how consumers live, cook, renovate and use appliances. That gives us an advantage when we work with partners to develop products that solve real pain points.”
Fiamma owns and distributes brands including ELBA, RUBINE, FABER, TUSCANI and HAUSTERN. It also distributes selected international brands across home appliance, healthcare and medical device categories.
Tan said Fiamma’s advantage lies in combining consumer insights, dealer feedback and supplier relationships to introduce products that meet local needs. Rather than moving immediately into manufacturing, the group remains focused on asset-light sourcing, product customisation and co-development with established factories.
“For now, our priority is product relevance, quality, speed to market and customer experience. Manufacturing is not something we are rushing into. It has to make commercial sense.”
Fiamma has been refreshing its brand portfolio. ELBA targets the mass-market segment, RUBINE is positioned around design and innovation, while FABER has been repositioned with a contemporary identity focused on small domestic appliances and lifestyle-led products.
Tan said the product strategy is built around products, partners and people. Before launching new models, Fiamma studies consumer behaviour, market data, competitor offerings and dealer feedback, followed by prototype testing, technical vetting, certification and after-sales readiness.
Recent developments include a slimline instantaneous water heater with energy optimisation and sensing features to help maintain water temperature despite water pressure fluctuations.
Fiamma is also enhancing kitchen ventilation products, including cooker hoods for condominiums and homes without external ducting, with some models using sensor-driven features to adjust fan speed based on cooking fumes.
Beyond kitchen appliances, Fiamma is expanding into laundry, cleaning, dishwashing and cooling solutions as part of its broader home-solutions strategy.
In air-conditioning, the group established a distribution joint venture under the VINO brand with a Zhuhai-based manufacturer. Operations began in July 2025, with Fiamma focusing on channel development, installer training, after-sales readiness and project specification work.
“The first two to three years are about building confidence. Air-conditioning is not just about selling a box. Installation and service quality are critical.”
The group is also building its healthcare and medical devices business, covering hospitals, clinics, pharmacies and consumer healthcare outlets, supported by rising health awareness and an ageing population.
For the first quarter ended March 31, 2026, Fiamma’s revenue rose 5.9% year-on-year to RM104.36 million, supported mainly by the Trading and Services segment, which grew 11.6% to RM87.0 million. Profit normalised to RM10.75 million from RM36.19 million a year earlier, as the previous corresponding quarter included non-recurring gains.
“We want growth, but it must be profitable growth. The market is competitive, so we must be disciplined.”
SOURCE : Aegis Communication
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Jason Fong
Tel: +6012-8631134
Email: jason@aegiscomm.com.my
--BERNAMA
DIGITAL REALTY LAUNCHES MALAYSIA PLATFORM, TARGETS 32MW DATA CENTRE CAPACITY
KUALA LUMPUR, June 8 (Bernama) -- Digital Realty has launched its Malaysia platform, marking a key milestone in its Asia Pacific expansion, with plans to develop and scale its data centre capacity in the country to approximately 32 megawatts (MW).
The launch signals Digital Realty's commitment to supporting Malaysia's ambition to become a leading digital infrastructure and artificial intelligence (AI) hub in Southeast Asia, while integrating the country into its global platform designed for interconnection, resilience and scale.
Malaysia's Minister of Digital, Gobind Singh Deo said the investment represents an important step in strengthening the country's position as a sovereign, interconnected and sustainable digital infrastructure hub, adding that investments in advanced digital infrastructure such as this are essential to supporting Malaysia's AI ambitions and strengthening its position as a regional innovation hub.
Meanwhile, Digital Realty Managing Director and Head of Asia Pacific, Serene Nah said growing digital adoption and increasingly distributed AI-driven workloads are driving demand for scalable and highly interconnected infrastructure.
“Malaysia plays a key role as an interconnection hub within our regional footprint, enabling customers to seamlessly deploy and manage workloads across markets. By integrating our Cyberjaya facilities into PlatformDIGITAL, we will extend a connected data community that spans key hubs such as Singapore and Jakarta,” she said.
Anchored in Cyberjaya, the campus is designed to support Malaysian enterprises as they transition from traditional information technology (IT) environments to hybrid architectures and AI-driven applications, according to Digital Realty in a statement.
The campus will comprise three facilities connected by dedicated fibre, namely KUL10, an operational carrier-dense facility with 1.5MW of IT capacity; KUL11, a newly acquired purpose-built data centre with 15MW of IT capacity; and a future expansion site planned for a new 14MW data centre.
Digital Realty plans to upgrade KUL10 to its global standards, nearly doubling its capacity by the fourth quarter of 2027, while the new facility is targeted for completion in mid-2028 to support hybrid colocation and AI-ready deployments.
Together, the facilities will form a highly connected platform supported by more than 40 network service providers and a broad ecosystem of cloud and connectivity partners.
Customers in Malaysia will also be able to connect to Digital Realty's global platform of more than 300 data centres across over 30 countries, enabling low-latency connectivity and seamless deployment of workloads across key regional hubs, including Singapore and Jakarta.
-- BERNAMA
The launch signals Digital Realty's commitment to supporting Malaysia's ambition to become a leading digital infrastructure and artificial intelligence (AI) hub in Southeast Asia, while integrating the country into its global platform designed for interconnection, resilience and scale.
Malaysia's Minister of Digital, Gobind Singh Deo said the investment represents an important step in strengthening the country's position as a sovereign, interconnected and sustainable digital infrastructure hub, adding that investments in advanced digital infrastructure such as this are essential to supporting Malaysia's AI ambitions and strengthening its position as a regional innovation hub.
Meanwhile, Digital Realty Managing Director and Head of Asia Pacific, Serene Nah said growing digital adoption and increasingly distributed AI-driven workloads are driving demand for scalable and highly interconnected infrastructure.
“Malaysia plays a key role as an interconnection hub within our regional footprint, enabling customers to seamlessly deploy and manage workloads across markets. By integrating our Cyberjaya facilities into PlatformDIGITAL, we will extend a connected data community that spans key hubs such as Singapore and Jakarta,” she said.
Anchored in Cyberjaya, the campus is designed to support Malaysian enterprises as they transition from traditional information technology (IT) environments to hybrid architectures and AI-driven applications, according to Digital Realty in a statement.
The campus will comprise three facilities connected by dedicated fibre, namely KUL10, an operational carrier-dense facility with 1.5MW of IT capacity; KUL11, a newly acquired purpose-built data centre with 15MW of IT capacity; and a future expansion site planned for a new 14MW data centre.
Digital Realty plans to upgrade KUL10 to its global standards, nearly doubling its capacity by the fourth quarter of 2027, while the new facility is targeted for completion in mid-2028 to support hybrid colocation and AI-ready deployments.
Together, the facilities will form a highly connected platform supported by more than 40 network service providers and a broad ecosystem of cloud and connectivity partners.
Customers in Malaysia will also be able to connect to Digital Realty's global platform of more than 300 data centres across over 30 countries, enabling low-latency connectivity and seamless deployment of workloads across key regional hubs, including Singapore and Jakarta.
-- BERNAMA
Friday, June 5, 2026
Shipping industry expo in China's Tianjin highlights AI opportunities
TIANJIN, China, June 5 (Bernama-GLOBE NEWSWIRE) -- The 4th Tianjin International Shipping Industry Expo (TISIE) opened in north China's Tianjin Municipality on June 2, was organized by Zhenwei International Exhibition Group, showcasing growing AI opportunities in the shipping industry.
Themed shipping to the world and navigating towards the future with AI leading new opportunities for the development of ports and shipping, the four-day expo covered fields such as green shipping, maritime equipment, logistics services and more. It aimed to promote global shipping cooperation, industry investment, and trade exchange.
Xu Kai, chief information officer of Shanghai International Shipping Institute, said that China has built the world's largest network of automated container terminals, with notable breakthroughs in unmanned shore cranes, intelligent guided vehicles and automated yards.
"Terminal equipment should not only operate efficiently but also perform regional dynamic optimization based on real-time fluctuations in vessel arrivals, sudden weather changes and instantaneous cargo flow surges," Xu said. "This requires AI to evolve from executing commands to autonomous reasoning, and from single-machine intelligence to group collaboration."
Waqas Samad, CEO of Lloyd's List Intelligence, said that with the world's largest fleet, and as the world's biggest shipbuilder and producer of shipping containers, China plays a key role in today's shipping landscape. But more importantly, China represents something significant about the future of shipping, not just scale and infrastructure, but the combination of connectivity, technology and intelligence.
"AI will reshape our industry in practical and powerful ways," said Thomas Sim, President of the International Federation of Freight Forwarders Associations.
He noted that AI should empower freight forwarders, not replace their professional judgment; enhance human capability, not remove accountability; and strengthen the role of freight forwarders as trusted logistics architects, not reduce them to platform users.
Feng Boming, vice president of China Merchants Group Limited, said that AI was evolving from a conversational assistant that supports decision-making and improves efficiency to an action-oriented intelligent agent capable of autonomously understanding intentions, invoking tools and executing specific tasks.
"However, greater autonomy also entails greater security responsibilities," Feng said. "We must clearly recognize that behind AI's empowerment of thousands of industries, various new types of security risks and governance challenges continue to emerge, posing entirely new challenges to the orderly development of the industry and the safe operation of the sector."
Zhenwei International Exhibition Group
Xuexia Zhang
xuexia@zhenweiexpo.com
https://zhenweiexpo.com
Tianjin
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cb6ee53a-e66b-427a-b116-4cfdd7b41a55
SOURCE: Zhenwei International Exhibition Group
--BERNAMA
Themed shipping to the world and navigating towards the future with AI leading new opportunities for the development of ports and shipping, the four-day expo covered fields such as green shipping, maritime equipment, logistics services and more. It aimed to promote global shipping cooperation, industry investment, and trade exchange.
Xu Kai, chief information officer of Shanghai International Shipping Institute, said that China has built the world's largest network of automated container terminals, with notable breakthroughs in unmanned shore cranes, intelligent guided vehicles and automated yards.
"Terminal equipment should not only operate efficiently but also perform regional dynamic optimization based on real-time fluctuations in vessel arrivals, sudden weather changes and instantaneous cargo flow surges," Xu said. "This requires AI to evolve from executing commands to autonomous reasoning, and from single-machine intelligence to group collaboration."
Waqas Samad, CEO of Lloyd's List Intelligence, said that with the world's largest fleet, and as the world's biggest shipbuilder and producer of shipping containers, China plays a key role in today's shipping landscape. But more importantly, China represents something significant about the future of shipping, not just scale and infrastructure, but the combination of connectivity, technology and intelligence.
"AI will reshape our industry in practical and powerful ways," said Thomas Sim, President of the International Federation of Freight Forwarders Associations.
He noted that AI should empower freight forwarders, not replace their professional judgment; enhance human capability, not remove accountability; and strengthen the role of freight forwarders as trusted logistics architects, not reduce them to platform users.
Feng Boming, vice president of China Merchants Group Limited, said that AI was evolving from a conversational assistant that supports decision-making and improves efficiency to an action-oriented intelligent agent capable of autonomously understanding intentions, invoking tools and executing specific tasks.
"However, greater autonomy also entails greater security responsibilities," Feng said. "We must clearly recognize that behind AI's empowerment of thousands of industries, various new types of security risks and governance challenges continue to emerge, posing entirely new challenges to the orderly development of the industry and the safe operation of the sector."
Zhenwei International Exhibition Group
Xuexia Zhang
xuexia@zhenweiexpo.com
https://zhenweiexpo.com
Tianjin
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cb6ee53a-e66b-427a-b116-4cfdd7b41a55
SOURCE: Zhenwei International Exhibition Group
--BERNAMA
Wednesday, June 3, 2026
SKHTU Obtains US SEC License, Ushering in a New Era of Crypto Compliance
DENVER, June 3 (Bernama-GLOBE NEWSWIRE) -- As global crypto market regulatory systems become increasingly sophisticated, compliance has become an inevitable trend for trading platform development. SKHTU Exchange recently announced its official acquisition of an operating license from the US Securities and Exchange Commission (SEC), making it one of the few compliant trading platforms meeting US securities regulatory standards. This milestone marks a significant breakthrough in the SKHTU compliance framework and lays a solid foundation for its global strategy.
The SEC, as the most authoritative financial regulator worldwide, sets licensing standards covering asset custody, investor protection, information disclosure, and anti-money laundering (AML), among other stringent requirements. Obtaining this certification means the platform must achieve the same standards as traditional securities markets in operational transparency, fund security, and compliance governance.
With the SEC license, SKHTU Exchange can provide legitimate trading services in the US and other regulated markets, covering spot, derivatives, asset management, and RWA (real-world asset) business areas. This gives the platform higher market access qualifications and provides institutional clients and multinational investors with a secure, regulation-compliant investment environment.
The SKHTU Exchange compliance team stated: “Obtaining the SEC license is not only a breakthrough in compliance, but also represents our long-term commitment to global users. Regulatory involvement is not a restriction, but the starting point for trust. We aim to provide reliable financial services for investors with a higher-standard regulatory framework.”
Industry experts believe that the SEC license is a key sign of crypto trading platforms entering the institutional stage, enabling platforms to play a deeper role in capital markets and providing a legal foundation for RWA tokenization, compliant issuance of financial derivatives, and cross-border asset allocation. As global regulatory consensus forms, platforms with SEC qualifications will have significant advantages in future market competition.
This milestone symbolizes a critical leap in the compliance landscape of SKHTU Exchange. From the crypto ecosystem to traditional finance, SKHTU uses compliance as a bridge to build safe and sustainable digital financial infrastructure, offering global users a more robust investment environment.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8505d29a-d3fe-4f9f-8ef3-e5ce250001b5
Contact: Ridzuan-support@skhtu.org
SOURCE: Skhtu Exchange Services Ltd
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
The SEC, as the most authoritative financial regulator worldwide, sets licensing standards covering asset custody, investor protection, information disclosure, and anti-money laundering (AML), among other stringent requirements. Obtaining this certification means the platform must achieve the same standards as traditional securities markets in operational transparency, fund security, and compliance governance.
With the SEC license, SKHTU Exchange can provide legitimate trading services in the US and other regulated markets, covering spot, derivatives, asset management, and RWA (real-world asset) business areas. This gives the platform higher market access qualifications and provides institutional clients and multinational investors with a secure, regulation-compliant investment environment.
The SKHTU Exchange compliance team stated: “Obtaining the SEC license is not only a breakthrough in compliance, but also represents our long-term commitment to global users. Regulatory involvement is not a restriction, but the starting point for trust. We aim to provide reliable financial services for investors with a higher-standard regulatory framework.”
Industry experts believe that the SEC license is a key sign of crypto trading platforms entering the institutional stage, enabling platforms to play a deeper role in capital markets and providing a legal foundation for RWA tokenization, compliant issuance of financial derivatives, and cross-border asset allocation. As global regulatory consensus forms, platforms with SEC qualifications will have significant advantages in future market competition.
This milestone symbolizes a critical leap in the compliance landscape of SKHTU Exchange. From the crypto ecosystem to traditional finance, SKHTU uses compliance as a bridge to build safe and sustainable digital financial infrastructure, offering global users a more robust investment environment.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8505d29a-d3fe-4f9f-8ef3-e5ce250001b5
Contact: Ridzuan-support@skhtu.org
SOURCE: Skhtu Exchange Services Ltd
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
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