KUALA LUMPUR, March 11 (Bernama) -- Falcon, a premier aviation service provider, has unveiled the addition of two new private jets, the Embraer Legacy 650 and Bombardier Challenger 850, to its growing fleet.
This move is part of Falcon’s ongoing investment in its fleet, aiming to enhance the customer experience with modern, high-end cabin products.
Falcon's parent company, Alex Group Investments Founder & Chairman, Sultan Rashit Abdulla Rashit Al Shene stated that the addition reflects a commitment to providing premium aviation services with cutting-edge interiors and flexible options.
“The addition of more aircraft fitted with the newest generation seats, updated cabin finishings and a contemporary colour palette also marks a significant step in ensuring more customers can consistently experience our premium private aviation products across a more modern and flexible fleet.
"We are topping up our multi-million dollar investment in the Falcon private jet fleet with the aim to introduce cutting-edge cabin products on more of our aircraft, demonstrating a clear commitment to elevating the customer experience with a best-in-class suite of products across every aircraft type," he said in a statement.
The Embraer Legacy 650 is the workhorse of executive aviation, offering comfort for 14 passengers spread across three cabin zones and travelling for up to 7,200 kilometres (km).
Meanwhile, the Bombardier Challenger 850 is the largest super-midsize business jet built for maximum comfort and speed, featuring superior cabin space for 14 passengers, travelling up to 5,200 km in comfort and speed.
Destined to become the leading private jet operator in the Middle East, Falcon aims to have a fleet of more than 50 modern private jets by late 2026.
-- BERNAMA
Tuesday, March 11, 2025
CURIA REFINANCES SENIOR CREDIT FACILITIES TO DRIVE ONGOING GROWTH
KUALA LUMPUR, March 11 (Bernama) -- Curia Global Inc (Curia), a contract research, development, and manufacturing organisation, has refinanced its senior secured credit facilities to strengthen its financial position and support future growth.
The refinancing provides the company with additional capital and extends the maturity of its credit facilities, enabling it to capitalise on opportunities in drug development and manufacturing while advancing its mission of bringing life-changing therapies to market.
Curia Chief Executive Officer, Philip Macnabb in a statement said the refinancing demonstrates the confidence its lenders and investors have in the company.
"The new credit facility will enable us to continue investing in key growth projects that enhance our differentiated capabilities and deliver greater value for our customers," he said.
Curia's recent growth initiatives include a major investment in its Rensselaer, New York facility to expand capacity for producing complex active pharmaceutical ingredients.
Additionally, the company has invested in advanced sterile fill-finish technology at its Albuquerque, New Mexico site, with plans to expand these capabilities in Glasgow, United Kingdom, to more than double the current good manufacturing practice (GMP) batch size.
Curia has over 30 years of experience, with an integrated network of more than 20 global sites and over 3,100 employees partnering with biopharmaceutical customers to bring life-changing therapies to market.
-- BERNAMA
The refinancing provides the company with additional capital and extends the maturity of its credit facilities, enabling it to capitalise on opportunities in drug development and manufacturing while advancing its mission of bringing life-changing therapies to market.
Curia Chief Executive Officer, Philip Macnabb in a statement said the refinancing demonstrates the confidence its lenders and investors have in the company.
"The new credit facility will enable us to continue investing in key growth projects that enhance our differentiated capabilities and deliver greater value for our customers," he said.
Curia's recent growth initiatives include a major investment in its Rensselaer, New York facility to expand capacity for producing complex active pharmaceutical ingredients.
Additionally, the company has invested in advanced sterile fill-finish technology at its Albuquerque, New Mexico site, with plans to expand these capabilities in Glasgow, United Kingdom, to more than double the current good manufacturing practice (GMP) batch size.
Curia has over 30 years of experience, with an integrated network of more than 20 global sites and over 3,100 employees partnering with biopharmaceutical customers to bring life-changing therapies to market.
-- BERNAMA
Monday, March 10, 2025
STRENGTHENING CUSTOMER TRUST THROUGH CERTIFICATION
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| FGV and MPOB's recent collaboration aims to empower smallholders by providing technical support and assistance in meeting sustainability standards such as MSPO. |
KUALA LUMPUR, March 10 (Bernama) -- FGV Holdings Berhad (FGV), a leading food and agri-product company, has taken a significant stride in its commitment to sustainability by pioneering the adoption of the Malaysian Sustainable Palm Oil (MSPO) certification label on its SAJI cooking oil products. This collaboration highlights FGV’s commitment to sustainable palm oil production while opening new market opportunities, particularly among consumers who prioritise sustainable and ethically produced products.
The MSPO certification is a national scheme for palm products in Malaysia that ensures compliance with rigorous sustainability principles set by the government and aligned with international standards. These standards cover environmental protection, human rights, good governance, and wildlife conservation. This certification mandates that oil palm plantations, smallholders, and palm oil mills adhere to specific sustainability standards relevant to their applicant category.
FGV has implemented robust measures to meet MSPO standards, including sustainable land management practices, community engagement programmes, and wildlife protection initiatives. Since 2015, FGV has been committed to the Sun Bear Conservation Programme, which has since expanded to include elephants, pangolins, and gibbons. To date, FGV has rescued 94 sun bears, with 72 successfully rehabilitated and released, and has rewilded 20 gibbons. The pangolin conservation programme, focusing on captive breeding, has resulted in 18 successful births of baby pangolins.
In August 2024, FGV announced its support for the tiger conservation initiative at the 2nd Tiger Summit in Pahang. The initiative includes critical measures such as tiger breeding and rewilding aimed at preserving and restoring the tiger population in Malaysia.
To date, all of FGV’s oil palm plantations, mills, and downstream facilities are 100% MSPO-certified. Traceability is a vital element in fulfilling FGV’s commitment to sustainable palm oil production. FGV has developed the FGV Traceability of Product (FGV TOP) system to provide details about FGV’s palm oil supply chain. The system enables FGV to monitor the provenance of supplied raw materials, ensuring that every link in the supply chain adheres to sustainability standards and ethical business conduct. FGV’s traceability to mills (TTM) has been at 100% since 2019 for all its midstream and downstream facilities. As of 2023, FGV’s traceability to plantations (TTP) is at 100% for tier 1 and tier 2 suppliers.
FGV’s sustainability efforts extend beyond certification and include comprehensive support for smallholders and FELDA settlers. Through consultation and capacity-building programmes, FGV empowers local communities, improves livelihoods, and ensures the long-term viability of palm oil production.
%20(002).jpg) |
| Pioneering the adoption of the MSPO certification label on its SAJI cooking oil products highlights FGV’s commitment to sustainable palm oil production while opening new market opportunities. |
In January this year, FGV and the Malaysian Palm Oil Board (MPOB) signed a Memorandum of Collaboration (MoC), marking a significant milestone in the collaboration between the corporate and government sectors to improve the livelihoods of the people. This partnership aims to empower smallholders by providing technical support, guidance on best agricultural practices, and assistance in meeting sustainability standards such as MSPO.
As part of this collaboration, FGV will launch the ‘Kebun Angkat’ initiative, which aims to provide smallholders with tailored technical support and advice on good agricultural practices. Through this initiative, a number of independent smallholders will receive guidance on Good Agricultural Practices (GAP), including the use of high-quality planting materials, soil health assessments for optimal fertiliser application, and more.
These efforts seek to increase both the productivity and quality of fresh fruit bunch yields, enabling better livelihoods and access to premium markets for smallholders. While the initiative underscores the partnership’s commitment to supporting smallholders, its broader impact lies in the opportunities it creates for smallholders to boost productivity, improving their living standards and livelihoods.
Between 2022 and 2024, FGV conducted 22 sessions of the Independent Smallholders (ISH) programme, engaging over 1,000 independent smallholders and dealers across Malaysia. These sessions covered topics such as FGV’s sustainability commitments, the MSPO certification scheme, traceability, the 11 International Labour Organization (ILO) Indicators of Forced Labour, and FGV’s sourcing criteria for fresh fruit bunches (FFB). The ISH programme will continue in 2025, reaffirming FGV’s dedication to supporting smallholders and promoting sustainable practices within the industry.
With a firm commitment to sustainability certifications such as MSPO, FGV is planning to implement a range of future sustainability initiatives. These initiatives aim to further enhance environmental stewardship, climate action, social responsibility, and economic viability, holding the promise of a more sustainable future for the industry.
By integrating rigorous sustainability standards with community empowerment, FGV continues to drive positive change within the industry and contribute to Malaysia’s global reputation as a responsible and ethical palm oil producer.
FGV is also a committed member of the Roundtable on Sustainable Palm Oil (RSPO). To date, 30 of FGV’s mills and its supply bases are RSPO-certified. To learn more about FGV, watch its new corporate video available on its social media platforms — Facebook, Instagram, TikTok, LinkedIn, and YouTube — as well as on its website: www.fgvholdings.com.
SOURCE: FGV
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Noor Syuhada Naziri
Email: syuhada.n@fgvholdings.com
Name: Sallehin Mokhtar
Email: sallehin.m@fgvholdings.com
--BERNAMA
Friday, March 7, 2025
DORMER PRAMET UNVEILS HIGH-PERFORMANCE TURNING, MILLING SOLUTIONS
KUALA LUMPUR, March 7 (Bernama) -- Dormer Pramet is expanding its indexable tools portfolio with new high-performance turning and milling solutions aimed at maximising productivity.
Designed for precision, durability, and efficiency, these tools empower manufacturers to go beyond limits in their operations, according to Dormer Pramet in a statement.
“These offerings represent not only our latest technological advancements but also the unified strength of Dormer Pramet as a master brand. This marks the beginning of a new era where our combined expertise delivers innovative, sustainable, and customer-focused solutions,” said its President, Eduardo Martin.
Built to break through performance barriers, the latest tools from Dormer Pramet feature advanced materials, innovative designs, and next-generation coatings, ensuring the reliability and efficiency needed to tackle today’s toughest machining challenges.
Dormer Pramet’s new turning products include the T5415 CVD grade, which is ideal for turning nodular cast iron and ISO H group materials, offering outstanding durability in interrupted cuts and improved wear detection.
The KM chipbreaker, designed for ISO K group materials, delivers smoother and more consistent cuts, providing excellent stability for medium turning applications when paired with the T5415 grade.
Additionally, the GL. S-PM inserts are designed for deep parting-off and grooving of non-ferrous materials and titanium-based superalloys, offering superior wear resistance and an extended tool life.
The new milling innovations from Dormer Pramet include the STD series for shoulder milling, which features versatile triangular inserts and four adaptable cutters offering a flexible and cost-effective solution.
Meanwhile, the SRN series for copy milling is equipped with double-sided round inserts with eight cutting edges, maximising material removal rates and reducing costs by up to 20 per cent for high-performance applications in industries such as aerospace and energy.
A global manufacturer and supplier of tools for the metal cutting industry, Dormer Pramet’s comprehensive product programme encompasses both rotary and indexable drilling, milling, threading and turning tools for use in a wide variety of production environments.
-- BERNAMA
Designed for precision, durability, and efficiency, these tools empower manufacturers to go beyond limits in their operations, according to Dormer Pramet in a statement.
“These offerings represent not only our latest technological advancements but also the unified strength of Dormer Pramet as a master brand. This marks the beginning of a new era where our combined expertise delivers innovative, sustainable, and customer-focused solutions,” said its President, Eduardo Martin.
Built to break through performance barriers, the latest tools from Dormer Pramet feature advanced materials, innovative designs, and next-generation coatings, ensuring the reliability and efficiency needed to tackle today’s toughest machining challenges.
Dormer Pramet’s new turning products include the T5415 CVD grade, which is ideal for turning nodular cast iron and ISO H group materials, offering outstanding durability in interrupted cuts and improved wear detection.
The KM chipbreaker, designed for ISO K group materials, delivers smoother and more consistent cuts, providing excellent stability for medium turning applications when paired with the T5415 grade.
Additionally, the GL. S-PM inserts are designed for deep parting-off and grooving of non-ferrous materials and titanium-based superalloys, offering superior wear resistance and an extended tool life.
The new milling innovations from Dormer Pramet include the STD series for shoulder milling, which features versatile triangular inserts and four adaptable cutters offering a flexible and cost-effective solution.
Meanwhile, the SRN series for copy milling is equipped with double-sided round inserts with eight cutting edges, maximising material removal rates and reducing costs by up to 20 per cent for high-performance applications in industries such as aerospace and energy.
A global manufacturer and supplier of tools for the metal cutting industry, Dormer Pramet’s comprehensive product programme encompasses both rotary and indexable drilling, milling, threading and turning tools for use in a wide variety of production environments.
-- BERNAMA
Thursday, March 6, 2025
TOSHIBA UNVEILS GATE DRIVER PHOTOCOUPLER WITH ENHANCED SAFETY FUNCTIONS
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| Toshiba: SiC MOSFET gate driver photocoupler TLP5814H with enhanced safety functions for industrial equipment. (Graphic: Business Wire) |
KUALA LUMPUR, March 6 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched a gate driver photocoupler, “TLP5814H”, in a small size SO8L package that incorporates an active Miller clamp function for driving silicon carbide (SiC) MOSFETs.
In circuits such as inverters, where MOSFETs or IGBTs are used in series, gate voltage can be generated by a Miller current when the lower arm is turned off, causing malfunctions such as short circuits in the upper and lower arms.
A commonly used protection function to prevent this is the application of a negative voltage to the gate when it is turned off, according to Toshiba in a statement.
With a built-in active Miller clamp circuit, there is no need for an additional power supply for negative voltage and external active Miller clamp circuits, providing a safety function for the system and also promoting system miniaturisation by reducing the number of external circuits.
The TLP5814H has an operating temperature rating of -40 to 125 degrees Celsius (°C), achieved by enhancing the optical output of the infrared emitting diode on the input side and optimising the design of the photo detector devices (photodiode arrays) to improve optical coupling efficiency.
This makes it suitable for industrial equipment that require strict thermal management, such as photovoltaic (PV) inverters and uninterruptible power supplies. Its propagation delay time and propagation delay skew are also specified in the operating temperature rating range.
A supplier of advanced semiconductor and storage solutions, Toshiba will continue to develop photocoupler products that contribute to enhancing the safety function of industrial equipment.
-- BERNAMA
XSOLLA ENHANCES WEB SHOP WITH KEY UPDATES
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| Graphic: Xsolla |
KUALA LUMPUR, March 6 (Bernama) -- The global leader in video game commerce, Xsolla has introduced significant updates to its industry-leading Web Shop solution to help developers grow their games through direct-to-consumer activations.
The company’s Chief Marketing & Growth Officer, Berkley Egenes said Xsolla’s mission is to simplify the complexities of game commerce and empower developers to grow and expand their monetisation.
“These updates to the Web Shop are a testament to our mission, offering solutions to enable more efficient web shop management and creating more engaging player experiences,” he added in a statement.
Designed to meet the evolving needs of mobile game developers and publishers, these cutting-edge enhancements focus on increasing LTV and building deep player loyalty.
Enhanced personalisation, streamlined integrations, automated regional pricing, and loyalty toolset help develop long-term relationships with users, increasing their lifetime value and driving ongoing engagement.
Users can achieve more than 30 per cent Web Shop LTV growth with a customisable loyalty programme seamlessly integrated into their web shop experience. The Web Shop Loyalty feature set drives repeat purchases, increases payment frequency and extends customer lifespan.
With the increase of more than 13 per cent in payment conversion via automated regional pricing tiers, developers can set automated pricing in US dollars for seamless one-click conversion, dynamically adjusting for taxes and exchange rates.
In addition, they can achieve a 300 per cent plus increase in Web Shop visits with enhanced Progressive Web App (PWA) functionality. Players can add the web shop directly to their mobile home screens for one-click access without repeated logins.
Powering over 500 web shops worldwide across diverse game genres and scales, the Xsolla Web Shop is an essential tool for mobile game developers seeking to extend their monetisation strategies and enhance player engagement.
-- BERNAMA
QUANTEXA SECURES US$175 MLN IN SERIES F FUNDING TO FUEL AI GROWTH, EXPANSION
KUALA LUMPUR, March 6 (Bernama) -- Quantexa, a global leader in Decision Intelligence (DI) solutions, has successfully completed a US$175 million Series F investment round, led by Teachers’ Venture Growth (TVG). (US$1=RM4.41)
According to a statement, the latest round values the British tech company at US$2.6 billion and accelerates its mission to help enterprises and government agencies across multiple markets stay ahead in the race for artificial intelligence (AI)-driven DI.
Quantexa Founder and Chief Executive Officer, Vishal Marria emphasised that the investment demonstrates strong confidence in Quantexa’s vision for AI, as the company works to unlock the full potential of AI by curating trusted data.
Meanwhile, TVG Senior Managing Director and Head in EMEA, Avid Larizadeh Duggan highlighted Quantexa’s innovation in AI-driven decision-making as a key factor in its fit for their portfolio.
TVG, part of the Ontario Teachers' Pension Plan, led the round, with participation from existing investors, including British Patient Capital. TVG Managing Director, Ara Yeromian will join Quantexa’s board as part of the deal, joining other investors such as Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC.
Following this investment round, Quantexa will bolster its platform innovation efforts to elevate experiences for existing clients, create new partnerships and alliances, deepen its presence in North America and pursue selected mergers and acquisitions.
TVG will leverage its expertise in scaling high-growth AI and software companies, along with its extensive network, to support Quantexa’s strategic international expansion and growth plans.
This investment round comes just months after Quantexa achieved Centaur status, joining an elite group of Software as a Service (SaaS) businesses recognised for surpassing US$100 million in annual recurring revenue (ARR).
-- BERNAMA
According to a statement, the latest round values the British tech company at US$2.6 billion and accelerates its mission to help enterprises and government agencies across multiple markets stay ahead in the race for artificial intelligence (AI)-driven DI.
Quantexa Founder and Chief Executive Officer, Vishal Marria emphasised that the investment demonstrates strong confidence in Quantexa’s vision for AI, as the company works to unlock the full potential of AI by curating trusted data.
Meanwhile, TVG Senior Managing Director and Head in EMEA, Avid Larizadeh Duggan highlighted Quantexa’s innovation in AI-driven decision-making as a key factor in its fit for their portfolio.
TVG, part of the Ontario Teachers' Pension Plan, led the round, with participation from existing investors, including British Patient Capital. TVG Managing Director, Ara Yeromian will join Quantexa’s board as part of the deal, joining other investors such as Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC.
Following this investment round, Quantexa will bolster its platform innovation efforts to elevate experiences for existing clients, create new partnerships and alliances, deepen its presence in North America and pursue selected mergers and acquisitions.
TVG will leverage its expertise in scaling high-growth AI and software companies, along with its extensive network, to support Quantexa’s strategic international expansion and growth plans.
This investment round comes just months after Quantexa achieved Centaur status, joining an elite group of Software as a Service (SaaS) businesses recognised for surpassing US$100 million in annual recurring revenue (ARR).
-- BERNAMA
Wednesday, March 5, 2025
MAVENIR-TUNE TALK PARTNERSHIP TO REVOLUTIONISE MALAYSIA’S TELCO LANDSCAPE
KUALA LUMPUR, March 5 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has signed a Memorandum of Agreement (MoA) with Tune Talk to provide a cutting-edge Cloud-Native Digital Operations Support System (OSS) and Business Support System (BSS) platform.
According to Mavenir in a statement, the cloud-native OSS/BSS platform is designed to enable Tune Talk to implement self-healing and automatic scaling capabilities, significantly improving operational efficiency.
With zero-touch operations, the platform is designed to streamline network management, reduce downtime, and enhance service reliability. Additionally, artificial intelligence (AI)-driven tools that will revolutionise customer engagement, offering hyper-personalised services tailored to individual subscriber needs.
Mavenir President and Chief Executive Officer (CEO), Pardeep Kohli expressed enthusiasm for the strategic partnership, stating that the company fully supports Tune Talk’s efforts in becoming a cloud mobile network operator.
“Our cloud-native OSS/BSS platform is designed to enable Tune Talk to operate with greater agility, efficiency, and automation, setting a new standard for digital-first telco services in Malaysia and beyond. We look forward to driving this transformation together,” he said.
Meanwhile, Tune Talk Executive Director and CEO, Gurtaj Singh Padda said this partnership with Mavenir marked a significant step in its digital transformation journey.
“By leveraging cloud-native and AI-powered solutions, we are not only optimising our operations but also enhancing our ability to deliver superior and highly personalised services to our customers.”
The announcement was made at Mobile World Congress (MWC) 2025 in Barcelona, reinforcing Tune Talk’s commitment to technological innovation and enhanced customer experience.
The implementation of this next-generation platform is expected to set a new benchmark in Malaysia’s telecommunications industry, in addition to strengthening Malaysia’s position in the global digital economy.
As digital transformation accelerates, the collaboration between Tune Talk and Mavenir is poised to redefine telco service delivery, bringing cutting-edge advancements to Malaysian consumers and the broader industry.
-- BERNAMA
According to Mavenir in a statement, the cloud-native OSS/BSS platform is designed to enable Tune Talk to implement self-healing and automatic scaling capabilities, significantly improving operational efficiency.
With zero-touch operations, the platform is designed to streamline network management, reduce downtime, and enhance service reliability. Additionally, artificial intelligence (AI)-driven tools that will revolutionise customer engagement, offering hyper-personalised services tailored to individual subscriber needs.
Mavenir President and Chief Executive Officer (CEO), Pardeep Kohli expressed enthusiasm for the strategic partnership, stating that the company fully supports Tune Talk’s efforts in becoming a cloud mobile network operator.
“Our cloud-native OSS/BSS platform is designed to enable Tune Talk to operate with greater agility, efficiency, and automation, setting a new standard for digital-first telco services in Malaysia and beyond. We look forward to driving this transformation together,” he said.
Meanwhile, Tune Talk Executive Director and CEO, Gurtaj Singh Padda said this partnership with Mavenir marked a significant step in its digital transformation journey.
“By leveraging cloud-native and AI-powered solutions, we are not only optimising our operations but also enhancing our ability to deliver superior and highly personalised services to our customers.”
The announcement was made at Mobile World Congress (MWC) 2025 in Barcelona, reinforcing Tune Talk’s commitment to technological innovation and enhanced customer experience.
The implementation of this next-generation platform is expected to set a new benchmark in Malaysia’s telecommunications industry, in addition to strengthening Malaysia’s position in the global digital economy.
As digital transformation accelerates, the collaboration between Tune Talk and Mavenir is poised to redefine telco service delivery, bringing cutting-edge advancements to Malaysian consumers and the broader industry.
-- BERNAMA
"SANPOKU BIO-REGIONAL PARK" TO LAUNCH IN MAY IN NORTHEASTERN JAPAN
MURAKAMI, Japan, Mar. 4, 2025 /Kyodo JBN/ --
The Sanpoku Revitalization Council will launch in May the "Sanpoku Bio-Regional Park" in the Sanpoku area of Murakami City, Niigata Prefecture, northeastern Japan. The park offers visitors the opportunity to experience nature in its purest form, unique to this region. Through coastal erosion, Japan’s only fishing method, and renowned natural spring water, visitors can discover the richness of biodiversity.Image1: https://cdn.kyodonewsprwire.jp/prwfile/release/M108028/202502274857/_prw_PI1fl_65HYIvTr.png
The region stretching from Kuwagawa to Ogoto, and Fuya in the Sanpoku area of Murakami City is now expanding as a bio-regional park. This area preserves the deep-rooted relationship between nature and people, featuring untouched landscapes in an environment that remains as it has been for centuries. To fully immerse visitors in this unique environment, the council is introducing new tour courses:
-Blue Tourism: Observe the nationally designated scenic spot and natural monument of the Sasagawa Nagare coastline.
-Green Tourism: Savor the renowned natural waters of Kichijou Shimizu and Karei-zan Shimizu in the deep mountains.
-Forest Tourism: Experience "Kodo fishing," a traditional method passed down for over 350 years.
Blue Tourism
Image2: https://cdn.kyodonewsprwire.jp/prwfile/release/M108028/202502274857/_prw_PI2fl_vzpnwVkk.jpg
The Sasagawa Nagare coastal area stretches approximately 11 km from Hamashinbo (Mt. Torigoe) to Samukawa (Kitsunezaki). It has been designated the National Place of Scenic Beauty and Natural Monument and Niigata Prefectural Natural Park due to its breathtaking and diverse coastal scenery. The coastline features a striking landscape of rock formations, caves, and cliffs sculpted by the sea’s erosion.
Forest Tourism
Image3: https://cdn.kyodonewsprwire.jp/prwfile/release/M108028/202502274857/_prw_PI3fl_9P44964S.jpg
From late autumn to early winter, schools of salmon return to the Okawa River and Gatsugi River in the Sanpoku district. The traditional "Kodo fishing" method, practiced for over 350 years in the Okawa River, is a unique and historical fishing technique seen nowhere else in Japan. During the peak fishing season (October to mid-December), the riverside becomes lively with local fishermen eagerly anticipating the return of salmon.
Green Tourism
Image4: https://cdn.kyodonewsprwire.jp/prwfile/release/M108028/202502274857/_prw_PI4fl_69EMC56v.jpg
The "Kichijou Shimizu" in the Ogoto district, recognized among Japan’s Top 100 Famous Waters, and the "Karei-zan Shimizu" in the deep mountains are Niigata’s famous waters. The most distinctive feature of this region is its geographical setting, where mountainous areas directly connect to the sea, creating a rich and diverse natural environment.
Official website: https://sanpoku.org/
Source: Sanpoku Revitalization Council
--BERNAMA
FALCON TO INVEST US$100 MLN IN FACILITY UPGRADES AT AL MAKTOUM INTERNATIONAL AIRPORT
KUALA LUMPUR, March 5 (Bernama) -- Falcon, a premier aviation service provider, has announced plans to invest more than US$100 million to upgrade its facilities at Al Maktoum International Airport in Dubai. (US$1=RM4.44)
Falcon’s 13,705 square metre aircraft maintenance, repair, and overhaul facility (MRO), located at the Mohammed Bin Rashid Aerospace Hub in Dubai, is equipped with cutting-edge technology designed to service a wide range of aircraft, including models as large as the Airbus A380.
“We are exceptionally pleased with the growth of Falcon Technic. Today, we employ more than 80 professionals at our MRO committed to delivering excellent services to our growing client base,” said Founder & Chairman of Alex Group Investments, the parent company of Falcon, Sultan Rashit Abdulla Rashit Al Shene in a statement.
By 2030, the company plans to further upgrade the facility and add a new private jet terminal. This expansion coincides with plans for Al Maktoum International Airport to become the world’s busiest airport, with capacity for up to 260 million passengers.
In 2024, the General Civil Aviation Authority (GCAA) granted CAR 145 approval for launching its MRO operations in the United Arab Emirates.
Additionally, Falcon also received GCAA CAR PART V Chapter 3 (CAR 145) certificate as an Approved Maintenance Organisation, expanding its ability to aircraft types such as Bombardier Challenger and Embraer.
Dedicated to delivering unparalleled luxury, safety, and convenience across all facets of private aviation, Falcon comprises four brands, namely Falcon Luxe, Falcon Elite, Falcon Technic, and Falcon Flight Support.
-- BERNAMA
Tuesday, March 4, 2025
THE VISIONARY BEHIND HMLV.AI: HOW KK IS TRANSFORMING MALAYSIA’S MANUFACTURING LANDSCAPE
KUALA LUMPUR, March 3 (Bernama) -- In the fast-evolving world of Industry 4.0, few leaders embody the spirit of innovation and resilience like Mr Pang Kiew Kun (“KK Pang”), Managing Director of FSBM Holdings Berhad. Known for his strategic foresight and transformative leadership, KK has been at the forefront of redefining Malaysia’s manufacturing and supply chain landscape through HMLV.ai, an advanced AI-powered Customer-to-Manufacturer (C2M) platform.
KK’s journey is a masterclass in turning adversity into opportunity. When FSBM faced the daunting challenge of restructuring from a traditional IT company to a dynamic technology-driven solution provider, KK led the charge. Under his leadership, FSBM not only navigated the PN17 financial distress but also emerged stronger, positioning itself as a strategic solutions provider in smart manufacturing, AI, and digital transformation. His ability to identify market trends early, particularly the shift towards High Mix Low Volume (HMLV) manufacturing, has set FSBM on a path of sustainable growth and innovation.
At the heart of KK’s vision is HMLV.ai, a groundbreaking platform developed in collaboration with Synergies Intelligent Systems, Inc., a leading US-based AI solutions provider. HMLV.ai leverages advanced AI algorithms to transform traditional procurement and supply chains into smart, efficient, and scalable systems. It addresses key challenges in the fabricated metal industry, offering instant quotes, smarter supplier matching, and enhanced production quality, setting a new benchmark for AI-driven smart manufacturing in Southeast Asia.
One of KK’s key ambitions is to contribute to Malaysia’s AI ecosystem, aligning closely with the National AI Office (NAIO)’s mission to drive AI adoption and build a robust AI talent pool. Through HMLV.ai, KK envisions a platform that not only elevates Malaysia’s manufacturing capabilities but also facilitates knowledge transfer from international partners to local talents. The platform creates opportunities for Malaysian engineers and manufacturers to gain exposure to cutting-edge technologies, enhancing the nation’s competitiveness on a global stage.
KK’s innovative approach also includes the concept of “lights-off” factories, where full automation minimises human intervention. This vision aligns perfectly with Malaysia’s goal of becoming a regional hub for smart manufacturing, offering significant potential for foreign investments and the establishment of AI-driven production facilities. His leadership ensures that HMLV.ai is not merely a tech solution but a catalyst for industry-wide transformation, promoting efficiency, resilience, and sustainable growth.
A Legacy of Innovation and Leadership
As a thought leader, KK continues to inspire businesses to embrace digital transformation and AI technologies. His pragmatic approach to solving real-world supply chain issues through HMLV.ai underscores his commitment to advancing Malaysia’s manufacturing sector. With KK at the helm, FSBM is poised to lead the way in AI-driven smart manufacturing, ensuring that Malaysia is not just keeping up with global trends but setting new standards in the industry.
For Malaysian businesses and manufacturers, HMLV.ai represents more than a technological leap—it is an opportunity to be part of a forward-thinking ecosystem led by a visionary who understands both the challenges and the vast potential of the digital age.
SOURCE : Aegis Communication
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Jason Fong
Tel: +6012-8631134
Email: jason@aegiscomm.com.my
--BERNAMA
KK’s journey is a masterclass in turning adversity into opportunity. When FSBM faced the daunting challenge of restructuring from a traditional IT company to a dynamic technology-driven solution provider, KK led the charge. Under his leadership, FSBM not only navigated the PN17 financial distress but also emerged stronger, positioning itself as a strategic solutions provider in smart manufacturing, AI, and digital transformation. His ability to identify market trends early, particularly the shift towards High Mix Low Volume (HMLV) manufacturing, has set FSBM on a path of sustainable growth and innovation.
At the heart of KK’s vision is HMLV.ai, a groundbreaking platform developed in collaboration with Synergies Intelligent Systems, Inc., a leading US-based AI solutions provider. HMLV.ai leverages advanced AI algorithms to transform traditional procurement and supply chains into smart, efficient, and scalable systems. It addresses key challenges in the fabricated metal industry, offering instant quotes, smarter supplier matching, and enhanced production quality, setting a new benchmark for AI-driven smart manufacturing in Southeast Asia.
One of KK’s key ambitions is to contribute to Malaysia’s AI ecosystem, aligning closely with the National AI Office (NAIO)’s mission to drive AI adoption and build a robust AI talent pool. Through HMLV.ai, KK envisions a platform that not only elevates Malaysia’s manufacturing capabilities but also facilitates knowledge transfer from international partners to local talents. The platform creates opportunities for Malaysian engineers and manufacturers to gain exposure to cutting-edge technologies, enhancing the nation’s competitiveness on a global stage.
KK’s innovative approach also includes the concept of “lights-off” factories, where full automation minimises human intervention. This vision aligns perfectly with Malaysia’s goal of becoming a regional hub for smart manufacturing, offering significant potential for foreign investments and the establishment of AI-driven production facilities. His leadership ensures that HMLV.ai is not merely a tech solution but a catalyst for industry-wide transformation, promoting efficiency, resilience, and sustainable growth.
A Legacy of Innovation and Leadership
As a thought leader, KK continues to inspire businesses to embrace digital transformation and AI technologies. His pragmatic approach to solving real-world supply chain issues through HMLV.ai underscores his commitment to advancing Malaysia’s manufacturing sector. With KK at the helm, FSBM is poised to lead the way in AI-driven smart manufacturing, ensuring that Malaysia is not just keeping up with global trends but setting new standards in the industry.
For Malaysian businesses and manufacturers, HMLV.ai represents more than a technological leap—it is an opportunity to be part of a forward-thinking ecosystem led by a visionary who understands both the challenges and the vast potential of the digital age.
SOURCE : Aegis Communication
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Jason Fong
Tel: +6012-8631134
Email: jason@aegiscomm.com.my
--BERNAMA
Monday, March 3, 2025
HYTERA SHOWCASES BODY-WORN CAMERA, DIGITAL EVIDENCE MANAGEMENT SOLUTIONS AT MWC25
KUALA LUMPUR, March 3 (Bernama) -- Hytera Communications, a global provider of professional communications technologies and solutions, is showcasing its Body-Worn Camera (BWC) and Digital Evidence Management (DEM) solutions at the Mobile World Congress 2025 (MWC25), taking place from March 3 to 6.
Hytera will bring both hardware and software innovations of its comprehensive BWC solution to MWC25, including the newly launched 4G/5G smart SC series body cameras SC780 and SC880, alongside the classic VM series body cameras.
Visitors will be able to experience firsthand the high-definition recording, anti-shake stabilisation, and wide-angle capabilities, as well as its powerful Push-to-Talk communication, command and dispatch functions.
Additionally, Hytera will showcase its portable and wall-mounted docking stations and demonstrate their fast charging and instant data offloading capabilities, according to a statement.
The company will highlight its Digital Evidence Management (DEM) platform, which offers one-stop evidence management that enables the uniform collection of scattered evidence, ensuring that multimedia files captured by body cameras can be securely uploaded for centralised storage and management.
MWC attendees can explore visual dashboards, efficient evidence retrieval, audit capabilities, statistical analysis, and other essential services, tailored to meet the diverse needs of public safety and law enforcement agencies.
Hytera remains dedicated to addressing the evolving needs of mission-critical users, continuously driving technological innovation and product enhancements.
By developing advanced body cameras and an integrated evidence management system, Hytera reinforces its commitment to enhancing the efficiency and effectiveness of law enforcement and public safety operations.
-- BERNAMA
Hytera will bring both hardware and software innovations of its comprehensive BWC solution to MWC25, including the newly launched 4G/5G smart SC series body cameras SC780 and SC880, alongside the classic VM series body cameras.
Visitors will be able to experience firsthand the high-definition recording, anti-shake stabilisation, and wide-angle capabilities, as well as its powerful Push-to-Talk communication, command and dispatch functions.
Additionally, Hytera will showcase its portable and wall-mounted docking stations and demonstrate their fast charging and instant data offloading capabilities, according to a statement.
The company will highlight its Digital Evidence Management (DEM) platform, which offers one-stop evidence management that enables the uniform collection of scattered evidence, ensuring that multimedia files captured by body cameras can be securely uploaded for centralised storage and management.
MWC attendees can explore visual dashboards, efficient evidence retrieval, audit capabilities, statistical analysis, and other essential services, tailored to meet the diverse needs of public safety and law enforcement agencies.
Hytera remains dedicated to addressing the evolving needs of mission-critical users, continuously driving technological innovation and product enhancements.
By developing advanced body cameras and an integrated evidence management system, Hytera reinforces its commitment to enhancing the efficiency and effectiveness of law enforcement and public safety operations.
-- BERNAMA
HYTERA UNVEILS ADVANCED ONE-STOP MCX SOLUTION AT MWC25 FOR MISSION-CRITICAL COMMUNICATIONS
KUALA LUMPUR, March 3 (Bernama) – Hytera Communications, a global provider of professional communications technologies and solutions, is showcasing its HyTalk MC solution at MWC25 in Barcelona, taking place for four days until March 6.
Designed for critical sectors such as public safety, energy, and transportation, HyTalk MC enhances operational efficiency with reliable, secure, and high-performance communication tailored for mission-critical environments, according to a statement.
Hytera’s 3GPP-compliant MCX solution integrates an MCS service platform, a network management system (NMS), a unified visualised dispatching system, and versatile devices. With mission-critical push-to-talk (MCPTT), data (MCData), and video (MCVideo) services, it ensures instant, resilient communication across industries.
HyTalk MC delivers seamless interoperability across networks (TETRA, DMR) and devices (dual-mode radios, body cameras, PoC devices), breaking down communication silos across agencies and organisations.
The solution follows MCS standard protocols and interfaces, enabling smooth integration with MCS broadband products from multiple vendors, preserving customer investments, and offering deployment flexibility. It also features the Rx/N5 standard interface for traffic prioritisation, even in congested networks.
Security is a top priority, with HyTalk MC using advanced encryption technologies such as KMS, SAKKE, ECCSI, and AES to protect voice, video, and data. Its multi-layered security framework safeguards identity, applications, and communication, ensuring resilience against cyber threats.
Additionally, the solution provides high-priority traffic management to maintain uninterrupted connectivity for real-time situational awareness in critical operations. Leveraging existing LTE and 5G infrastructure, whether from operators or self-owned, HyTalk MC offers a cost-effective path to mission-critical services.
The HyTalk MC solution ensures high reliability, real-time multimedia transmission, cross-network interoperability, and 5G evolution capabilities, delivering seamless communication in high-stakes situations.
In addition to the HyTalk MC, Hytera will also introduce the PNC660, a 5G MCX device designed to enhance Hytera’s mission-critical portfolio. Compliant with 3GPP standards, this device features superior audio quality, robust connectivity, and an intuitive user interface, making it ideal for demanding environments.
-- BERNAMA
Designed for critical sectors such as public safety, energy, and transportation, HyTalk MC enhances operational efficiency with reliable, secure, and high-performance communication tailored for mission-critical environments, according to a statement.
Hytera’s 3GPP-compliant MCX solution integrates an MCS service platform, a network management system (NMS), a unified visualised dispatching system, and versatile devices. With mission-critical push-to-talk (MCPTT), data (MCData), and video (MCVideo) services, it ensures instant, resilient communication across industries.
HyTalk MC delivers seamless interoperability across networks (TETRA, DMR) and devices (dual-mode radios, body cameras, PoC devices), breaking down communication silos across agencies and organisations.
The solution follows MCS standard protocols and interfaces, enabling smooth integration with MCS broadband products from multiple vendors, preserving customer investments, and offering deployment flexibility. It also features the Rx/N5 standard interface for traffic prioritisation, even in congested networks.
Security is a top priority, with HyTalk MC using advanced encryption technologies such as KMS, SAKKE, ECCSI, and AES to protect voice, video, and data. Its multi-layered security framework safeguards identity, applications, and communication, ensuring resilience against cyber threats.
Additionally, the solution provides high-priority traffic management to maintain uninterrupted connectivity for real-time situational awareness in critical operations. Leveraging existing LTE and 5G infrastructure, whether from operators or self-owned, HyTalk MC offers a cost-effective path to mission-critical services.
The HyTalk MC solution ensures high reliability, real-time multimedia transmission, cross-network interoperability, and 5G evolution capabilities, delivering seamless communication in high-stakes situations.
In addition to the HyTalk MC, Hytera will also introduce the PNC660, a 5G MCX device designed to enhance Hytera’s mission-critical portfolio. Compliant with 3GPP standards, this device features superior audio quality, robust connectivity, and an intuitive user interface, making it ideal for demanding environments.
-- BERNAMA
Friday, February 28, 2025
UEM EDGENTA BOOSTS PROFITABILITY WITH STRONG INTERNATIONAL GROWTH AND COST OPTIMISATION EFFORTS
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| UEM Edgenta Berhad |
KUALA LUMPUR, Feb 28 (Bernama) -- UEM Edgenta Berhad (UEM Edgenta), a leading Asset Management and Infrastructure Solutions company in the region, today announces its unaudited financial results for the financial year ended 31 December 2024 (“FY2024”). The Company recorded Year-on-Year (“YoY”) revenue growth of 5.8% increasing from RM2.9 billion to RM3.0 billion compared to the previous year. In line with its commitment to delivering shareholder value, UEM Edgenta has declared a single-tier interim dividend of 4.0 sen per ordinary share for FY2024.
The Company reported a strong improvement in profitability, with profit after tax (“PAT”) rising by 70.6% to RM51.4 million compared to RM30.1 million in FY2023. The Company’s Normalised PAT (excluding Exceptional Items) has improved significantly from RM31.3 million in FY2023 to RM66.4 million in FY2024, recording 112.1% increase. This solid growth was primarily driven by expansion in international business through major contract renewals and new contract wins, along with enhanced operational efficiencies and strategic cost management initiatives implemented throughout the year.
In the fourth quarter of FY2024, UEM Edgenta recorded a revenue of RM819.4 million, up from RM793.2 million in the preceding quarter. Net profit for the quarter stood at RM17.9 million, marking a 72.1% Quarter-on-Quarter (“QoQ”) increase from RM10.4 million in Q3 FY2024. Cost optimisation programmes at both the operating and corporate levels, coupled with a procurement cost savings programme, have been instrumental in driving the positive performance.
Following the company’s success in achieving RM100 million savings under Edgenta of The Future 2025 (EoTF25) a year ahead of schedule, additional cost-saving initiatives totalling RM150 million were launched in early 2024. As of 31 Dec 2024, company achieved savings of RM41.1 million which signified its commitment to operational excellence towards delivering sustainable value to its stakeholders in an increasingly challenging business environment.
Internationally, the company has successfully expanded its service offerings beyond the Healthcare sector in Singapore into high-end Hospitality sector and Grade A Office Buildings. Contributing approximately RM20.0 million to UEM Edgenta's order book as of end 2024, the strategic acquisition of UAE-based Kaizen Group provides the essential platform for the company to scale up the property management market value chain in the Middle East region. In the fourth quarter of FY2024, the company launched the MEEM Facility Management Graduate Training Program, an impactful initiative by UEM Edgenta Berhad which is a testament to our strong partnership with the Kingdom of Saudi Arabia.
UEM Edgenta’s strong financial performance was also contributed by execution leadership in the domestic market which secured new contract wins for the company in key infrastructure projects namely the Pan Borneo Highway new work packages and the North South Expressway lane widening in Johor. Committed towards supporting the national sustainability agenda, more than 50% of the company’s RM100 million Sustainable Zero Capex programme has been earmarked for utilisation by its clients.
Commenting on the results, UEM Edgenta’s Managing Director and Chief Executive Officer, Syahrunizam Samsudin, highlighted the company’s resilience amid economic headwinds. “Despite macroeconomic challenges and inflationary pressures, we have maintained steady revenue growth and enhanced profitability. This reflects our agility in adapting to market dynamics and the effectiveness of our strategic initiatives in digital transformation, operational excellence, and regional expansion,” he stated.
“As we chart our path forward, we remain steadfast in leveraging technology and innovation to enhance service excellence while embedding sustainability across our operations. Our commitment to being a reliable partner drives us to strengthen our regional footprint and deepen collaborations with key stakeholders, ensuring long-term value creation for our shareholders, clients, and the communities we serve. With a strong foundation and a clear strategic direction, we are confident in sustaining our growth momentum and navigating the evolving market landscape with agility and resilience," he added
Looking ahead to FY2025, UEM Edgenta remains committed to leveraging its core strengths to seize emerging opportunities in high-growth markets. With a strategic focus on operational excellence through technology and innovation, UEM Edgenta aims to drive growth through service and product offerings which are pivoted by its proprietary digital asset management platform, Asseto, which is designed to optimize the lifecycle management of assets. It integrates multiple asset management functions, leveraging data analytics, automation, and Internet of Things (IoT) technologies to enhance efficiency, reduce costs, and improve decision-making for its clients. Continuously strengthening its delivery in smart and sustainable asset management services, UEM Edgenta is poised to further expand its market footprint across the domestic and international markets it currently operates in which include Singapore, Taiwan, United Arab Emirates, Kingdom of Saudi Arabia and Indonesia.
For further information on UEM Edgenta, log on to https://www.uemedgenta.com.
About UEM Edgenta Berhad
UEM Edgenta (www.uemedgenta.com) is a leading Asset Management and Infrastructure Solutions company in the region and is a subsidiary of the UEM Group. Listed on the Main Market of Bursa Malaysia Securities Berhad (KLSE: EDGENTA), our expertise covers Healthcare Support and Property & Facility Solutions, and Infrastructure Services covering Expressways and Rail, including project management & engineering design capabilities via our Opus Consultants business arm.
Guided by our ‘Edgenta of the Future 2025’ vision, UEM Edgenta’s full suite of business services is driven by technological advancements throughout the business assets’ life cycle including consultancy, procurement & construction planning, operations & maintenance, as well as optimisation, rehabilitation and upgrades. Digital solutions across multiple industries positions UEM Edgenta as a powerhouse to become a Technology-Enabled Solutions Company with a focus on healthcare by 2025.
UEM Edgenta has operational presence in Malaysia, Singapore, Indonesia, Taiwan, United Arab Emirates and The Kingdom of Saudi Arabia.
Issued by UEM Edgenta Berhad
SOURCE: UEM Edgenta Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Wan Laila Fatihah
Head, Corporate Communication
Email: wanlaila@edgenta.com
Name: Ali Baizuri Razali
Manager, Media Relations
Email: alibaizuri@edgenta.com
--BERNAMA
ENCORP RETURNS TO PROFITABILITY IN 2024 WITH RM3.4MIL NET PROFIT
KOTA DAMANSARA, Selangor, Feb 28 (Bernama) -- Encorp Berhad (“ENCORP” or “the Group”), a Main Market-listed property development and investment company, has reported a strong financial turnaround for the financial year ended 31 December 2024, posting a net profit of RM3.4 million compared to a net loss of RM8.5 million in the previous year.
For the full year 2024 performance, the Group recorded a profit before tax of RM6.1 million, marking a strong recovery from a loss of RM1.1 million in the corresponding period in 2023. This represents ENCORP’s first return to profitability since 2016.
ENCORP’s turnaround was mainly driven by a reversal of RM6.6 million in cost of sales provisions from prior years, accounting gains of RM2.1 million from fair value adjustments on investment properties and the reversal of inventory write-offs totalling RM1.8 million, all contributing positively to the bottom-line. Additionally, improved efficiencies from close monitoring, effective cost control measures and the successful execution of restructuring and rationalisation initiatives further strengthened the Group’s performance.
The Group is supported by stable revenue streams from its concession, rental income, construction and facilities management divisions. With operations backed by a solid net asset per share of RM1.06, ENCORP remains well-positioned to sustain growth and strengthen its financial resilience. Property development remains ENCORP’s largest revenue contributor at 51%, followed by concession income at 39.8%.
Commenting on the performance by ENCORP’s Group Chief Financial Officer and Officer-In-Charge, Kamarul Azman Bin Kamarozaman @ Amir, “ENCORP’s return to profitability reflects the strength of our strategic initiatives, disciplined cost management and operational efficiencies. This achievement would not have been possible without the steadfast support and guidance of our Board of Directors, whose leadership has been instrumental in steering the Group towards a stronger financial position.
In 2024, we have taken significant steps to enhance governance and strengthen our operational framework, ensuring greater transparency and efficiency across the organisation.
Moving forward, we remain committed to optimising our assets, expanding revenue streams and unlocking the full potential of our landbank. With a clear strategy in place, we are confident in delivering sustainable growth and long term value for our shareholders and stakeholders.”
ENCORP is also actively exploring several promising opportunities in the pipeline. A key priority for the Group’s property division this year is the development of Balau Residences in Kuantan, Pahang and Lamanda Chuping Phase 2 in Perlis. ENCORP is currently finalising project details and looks forward to unveiling more in due course.
About Encorp Berhad (ENCORP)
Listed on the Main Market of Bursa Malaysia (Ticker: ENCORP/6076), ENCORP is principally an investment-holding company. The Group is currently involved in three core businesses – property development, property investment and construction. Please visit encorp.com.my for more information.
SOURCE: Encorp Berhad (ENCORP)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Pauline S Lalung
Tel: 03 6286 7777
Email: pauline@encorp.com.my
--BERNAMA
For the full year 2024 performance, the Group recorded a profit before tax of RM6.1 million, marking a strong recovery from a loss of RM1.1 million in the corresponding period in 2023. This represents ENCORP’s first return to profitability since 2016.
ENCORP’s turnaround was mainly driven by a reversal of RM6.6 million in cost of sales provisions from prior years, accounting gains of RM2.1 million from fair value adjustments on investment properties and the reversal of inventory write-offs totalling RM1.8 million, all contributing positively to the bottom-line. Additionally, improved efficiencies from close monitoring, effective cost control measures and the successful execution of restructuring and rationalisation initiatives further strengthened the Group’s performance.
The Group is supported by stable revenue streams from its concession, rental income, construction and facilities management divisions. With operations backed by a solid net asset per share of RM1.06, ENCORP remains well-positioned to sustain growth and strengthen its financial resilience. Property development remains ENCORP’s largest revenue contributor at 51%, followed by concession income at 39.8%.
Commenting on the performance by ENCORP’s Group Chief Financial Officer and Officer-In-Charge, Kamarul Azman Bin Kamarozaman @ Amir, “ENCORP’s return to profitability reflects the strength of our strategic initiatives, disciplined cost management and operational efficiencies. This achievement would not have been possible without the steadfast support and guidance of our Board of Directors, whose leadership has been instrumental in steering the Group towards a stronger financial position.
In 2024, we have taken significant steps to enhance governance and strengthen our operational framework, ensuring greater transparency and efficiency across the organisation.
Moving forward, we remain committed to optimising our assets, expanding revenue streams and unlocking the full potential of our landbank. With a clear strategy in place, we are confident in delivering sustainable growth and long term value for our shareholders and stakeholders.”
ENCORP is also actively exploring several promising opportunities in the pipeline. A key priority for the Group’s property division this year is the development of Balau Residences in Kuantan, Pahang and Lamanda Chuping Phase 2 in Perlis. ENCORP is currently finalising project details and looks forward to unveiling more in due course.
About Encorp Berhad (ENCORP)
Listed on the Main Market of Bursa Malaysia (Ticker: ENCORP/6076), ENCORP is principally an investment-holding company. The Group is currently involved in three core businesses – property development, property investment and construction. Please visit encorp.com.my for more information.
SOURCE: Encorp Berhad (ENCORP)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Pauline S Lalung
Tel: 03 6286 7777
Email: pauline@encorp.com.my
--BERNAMA
Thursday, February 27, 2025
MPC-CB ACHIEVES NEW MILESTONES IN 2024 PRODUCTIVITY SPECIALIST CERTIFICATION PROGRAMME
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| Mr. Lawrence Kong receives his Certified Senior Productivity Specialist certificate during the Certified Productivity Specialist Certificate Presentation Ceremony on 26 February 2025 at MPC, Aras 1 East Wing, Menara MATRADE. |
KUALA LUMPUR, 27 Feb (Bernama) -- The Malaysia Productivity Corporation Certification Body (MPC-CB) proudly celebrates its achievements for the year 2024, marking another year of excellence in advancing productivity expertise. This year, MPC-CB has successfully certified 12 new productivity experts, upgraded three specialists to the status of Certified Senior Productivity Specialist, and completed one recertification for a total of 16 certifications.
A landmark achievement for 2024 is the certification of the first-ever international Certified Productivity Specialist (CPS) from Pakistan, highlighting the growing recognition of MPC-CB’s certification on a global scale. Since the programme’s inception in 2020, MPC-CB has certified a total of 30 productivity specialists, affirming its leadership in professionalising productivity practices both locally and internationally.
The Certified Productivity Specialist (CPS) programme is an integral part of MPC-CB’s mission to foster excellence among productivity experts. The programme equips participants with the tools and methodologies to drive productivity improvements, particularly in small and medium-sized enterprises (SMEs). Certified specialists are instrumental in helping SMEs streamline operations, improve cost efficiency, and remain competitive in an ever-evolving marketplace.
The Director General of MPC, Zahid Ismail, lauded the programme’s success and its positive implications for Malaysia’s economic landscape:
“The 2024 achievements reflect our unwavering commitment to fostering expertise in productivity enhancement. Certified Productivity Specialists are not just experts; they are change agents, driving transformation in SMEs, which form the backbone of Malaysia’s economy. This programme is critical to creating sustainable growth and enhancing Malaysia’s global competitiveness.”
Zahid Ismail also shared his vision for 2025:
“For 2025, we aim to expand our reach and encourage more professionals, both locally and internationally, to join this programme. We want to empower more SMEs by connecting them with certified specialists who can deliver tailored solutions to boost productivity. This alignment of expertise and business needs is crucial for Malaysia’s growth as a productivity-driven nation.”
Looking ahead, MPC-CB remains committed to excellence as it prepares for its recertification assessment by the APO Accreditation Body in 2025. This process underscores the organisation’s dedication to maintaining international standards and ensuring the continued relevance of the CPS programme.
MPC-CB invites industry professionals, trainers, consultants, and SMEs to leverage the benefits of the CPS programme. Together, these efforts aim to empower businesses, strengthen economic resilience, and elevate productivity standards across all sectors.
About Malaysia Productivity Corporation (MPC)
MPC is a statutory body under the Ministry of Investment, Trade and Industry (MITI). It drives national productivity holistically at the national, sectoral, and enterprise levels through five main thrusts: developing future talent, driving digitization and innovation, ensuring industry accountability for productivity, building a robust ecosystem, and fostering productive mindset. It collaborates strategically with the private and public sectors by emphasising productivity as a key agenda to boost productivity growth and national competitiveness, ultimately leading to shared well-being and prosperity.
SOURCE: Malaysia Productivity Corporation (MPC)
FOR MORE INFORMATION, PLEASE CONTACT:
MPC Certification Body
Tel: +603 7955 7266
Email: sec-cb@mpc.gov.my
--BERNAMA
A landmark achievement for 2024 is the certification of the first-ever international Certified Productivity Specialist (CPS) from Pakistan, highlighting the growing recognition of MPC-CB’s certification on a global scale. Since the programme’s inception in 2020, MPC-CB has certified a total of 30 productivity specialists, affirming its leadership in professionalising productivity practices both locally and internationally.
The Certified Productivity Specialist (CPS) programme is an integral part of MPC-CB’s mission to foster excellence among productivity experts. The programme equips participants with the tools and methodologies to drive productivity improvements, particularly in small and medium-sized enterprises (SMEs). Certified specialists are instrumental in helping SMEs streamline operations, improve cost efficiency, and remain competitive in an ever-evolving marketplace.
The Director General of MPC, Zahid Ismail, lauded the programme’s success and its positive implications for Malaysia’s economic landscape:
“The 2024 achievements reflect our unwavering commitment to fostering expertise in productivity enhancement. Certified Productivity Specialists are not just experts; they are change agents, driving transformation in SMEs, which form the backbone of Malaysia’s economy. This programme is critical to creating sustainable growth and enhancing Malaysia’s global competitiveness.”
Zahid Ismail also shared his vision for 2025:
“For 2025, we aim to expand our reach and encourage more professionals, both locally and internationally, to join this programme. We want to empower more SMEs by connecting them with certified specialists who can deliver tailored solutions to boost productivity. This alignment of expertise and business needs is crucial for Malaysia’s growth as a productivity-driven nation.”
Looking ahead, MPC-CB remains committed to excellence as it prepares for its recertification assessment by the APO Accreditation Body in 2025. This process underscores the organisation’s dedication to maintaining international standards and ensuring the continued relevance of the CPS programme.
MPC-CB invites industry professionals, trainers, consultants, and SMEs to leverage the benefits of the CPS programme. Together, these efforts aim to empower businesses, strengthen economic resilience, and elevate productivity standards across all sectors.
About Malaysia Productivity Corporation (MPC)
MPC is a statutory body under the Ministry of Investment, Trade and Industry (MITI). It drives national productivity holistically at the national, sectoral, and enterprise levels through five main thrusts: developing future talent, driving digitization and innovation, ensuring industry accountability for productivity, building a robust ecosystem, and fostering productive mindset. It collaborates strategically with the private and public sectors by emphasising productivity as a key agenda to boost productivity growth and national competitiveness, ultimately leading to shared well-being and prosperity.
SOURCE: Malaysia Productivity Corporation (MPC)
FOR MORE INFORMATION, PLEASE CONTACT:
MPC Certification Body
Tel: +603 7955 7266
Email: sec-cb@mpc.gov.my
--BERNAMA
Nippon Kinzoku To Launch New Service In April, Fostering Customer Partnerships
KUALA LUMPUR, Feb 26 (Bernama) -- Nippon Kinzoku Co Ltd will open a "Trial Products & Consignment Processing Support Desk" service on April 1, with the aim of creating new partnerships with customers.
The company in a statement said it will also establish a dedicated "Production Process & Support Dept" to handle trial productions, samples, and consignment processing and will begin accepting enquiries.
This new service will leverage the company's expertise in rolling, forming, and welded drawn pipe technologies to assist customers with development and trial production needs. The service will be aimed at addressing the evolving demands of the market.
Key features of the service include a specialised department to assist with a range of consultation needs, utilising Nippon Kinzoku's research and development (R&D) facilities and extensive processing technology experience.
The company will also provide comprehensive support throughout the product development process, from initial concept to trial and eventual mass production. This end-to-end support ensures that customers receive continuous assistance as they progress through the stages of their projects.
In addition to these services, Nippon Kinzoku will offer consignment processing and specialised manufacturing services, including material rolling, heat treatments, various surface treatments, profile rolling, roll forming, and precision pipe forming, catering to complex and customised production needs.
To further support customers, the company will ensure the quick delivery of small-quantity samples and trial products. It will also expand its inventory to include more samples and small-lot stainless steel strips, providing prompt solutions for customers requiring minimal quantities.
Additionally, the company will revamp its website to include a new "Trial Production & Consignment Processing Support Desk" page on April 1. Customers are encouraged to consult with Nippon Kinzoku at any stage of their product development process for support in mass production.
-- BERNAMA
PETRONAS PARTNERS WITH ENERGY INSTITUTE TO DELIVER ASIA’S ENERGY TRANSITION
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(From left) Martin Maeso, Technical Director, Energy Institute; Ir Mohd Yusri Mohamed Yusof, PETRONAS Senior Vice President of Project Delivery and Technology; Dr Nick Wayth, Chief Executive Officer, Energy Institute; Abang Jimmy Abang Mordian, PETRONAS Senior General Manager of Strategy and Corporate Services, Project Delivery and Technology; Yewande Abiose, Head of Strategic Partnership, Energy Institute taking a group photo after the signing ceremony between PETRONAS and Energy Institute at the International Energy Week (IEW) in London. |
LONDON, Feb 27 (Bernama) -- PETRONAS has forged a partnership with Energy Institute (EI), becoming the first Southeast Asia-headquartered company to join the UK-based chartered professional membership body as a technical partner.
The collaboration brings together PETRONAS’ 50 years of expertise in the energy industry and EI’s long-standing efforts to improve the management of the energy sector. Together, they are committed to creating a more informed, resilient, and efficient energy landscape across Asia.
The partnership underscores PETRONAS' commitment to advancing the energy transition in Asia. PETRONAS believes that collaboration is key in driving progress in commercialising emission-reduction technologies, infrastructure development, transition financing, and upskilling talent for an inclusive energy transition.
The parties entered a partnership agreement during a signing ceremony attended by PETRONAS Senior Vice President of Project Delivery and Technology, Ir Mohd Yusri Mohamed Yusof; PETRONAS Senior General Manager of Strategy and Corporate Services, Project Delivery and Technology, Abang Jimmy Abang Mordian; Energy Institute Chief Executive Officer Dr Nick Wayth and Energy Institute Technical Director Martin Maeso, on the sidelines of the International Energy Week (IEW) in London recently.
“In line with PETRONAS’ efforts to foster impactful innovation ecosystems supporting Net Zero ambitions in Asia, our collaboration with the Energy Institute brings together our expertise, resources, and passion to catalyse the progress towards a sustainable and resilient energy future that the world needs,” Ir Mohd Yusri said.
“Partnering with the Energy Institute on energy transition, PETRONAS reaffirms its commitment to driving meaningful change in the industry. Achieving Net Zero in Asia is critical to the global goal. Through this purposeful partnership, we aim to empower the energy sector in Asia with the knowledge and networks needed for an equitable and responsible transition,” he added.
Commenting, Dr Nick Wayth FEI, said: “At the Energy Institute, we are dedicated to creating a better energy future for our members and society by accelerating a just global energy transition to net zero. I’m delighted to have the support of our newest Technical Partner, PETRONAS, on this journey.
“This new partnership is central to the Energy Institute’s future activities supporting and equipping the energy sector in Malaysia, in the wider Asia Pacific region and globally.”
As a Technical Partner, PETRONAS will contribute to shaping future programmes through a seat on the EI Scientific and Technical Advisory Committee (EI-STAC), allowing the company to set industry standards and forge relationships with other leading organisations.
The partnership will focus on three key pillars: promoting decarbonisation and operational excellence through innovative solutions, enabling informed decision-making with expert advice on policy and societal impact, and nurturing the next generation of energy professionals to ensure the sector thrives amidst rapid change.
Aligned with global sustainability goals, PETRONAS and Energy Institute are poised to co-generate sustainable energy solutions, while addressing the critical opportunities and challenges posed by the energy transition.
The Energy Institute will also participate in Energy Asia, which will be held from 16 to 18 June 2025 in Kuala Lumpur, teasing the 2025 Statistical Review due out later that month, as well as engaging in in the Future Energy Leaders programme.
Energy Asia serves as a platform for advancing Asia’s net-zero ambitions, fostering cross-sector collaboration to drive actionable solutions for an inclusive energy transition.
About Petroliam Nasional Berhad (PETRONAS)
As a global energy and solutions partner, PETRONAS is driven by its purpose to enrich lives for a sustainable future. With presence in over 100 countries, the group continues expanding its portfolios ranging from conventional and cleaner energy solutions to a diverse range of fuel, lubricants and petrochemical products. While ensuring sustainable practices across its operations, PETRONAS strives to ensure just and equitable outcomes in transitioning to a lower carbon future.
About Energy Institute
The Energy Institute (EI) is the chartered professional membership body for people who work across the world of energy. Our purpose is to create a better energy future for our members and society by accelerating a just global energy transition to net zero. We do this by attracting, developing and equipping the diverse future energy workforce; informing energy decision-making through convening expertise and advice; and enabling industry and consumers to make energy lower carbon, safer and more efficient. @EnergyInstitute #IEWeek
Issued by
Media Communications
Group Strategic Relations & Communications
PETRONAS
SOURCE: PETRONAS
FOR MORE INFORMATION, PLEASE CONTACT:
PETRONAS
Name: Estee Aina Huslan
Tel: 012-2283377
Email: esteeaina.huslan@petronas.com
--BERNAMA
KPMG IN MALAYSIA OPENS APPLICATIONS FOR THE 2025 COHORT OF KPMG YOUNG STAR SCHOLARSHIP PROGRAM
PETALING JAYA, Feb 27 (Bernama) -- Leading professional services firm KPMG in Malaysia reaffirms its commitment to lifelong learning and educational empowerment through the KPMG Young Star Scholarship Program, which is now accepting applications. A key program under the KPMG Education Trust Fund (“ETF”), the Young Star Scholarship program provides financial aid, professional development, and career opportunities to high-achieving accounting and finance undergraduate students from underprivileged backgrounds.
“At KPMG, we see learning as a continuous journey-- one that extends beyond the classroom and fuels both personal and professional growth. It is a lifelong journey that opens doors to new opportunities and motivates personal development,” said Foong Mun Kong, Managing Partner of KPMG in Malaysia. “Through KPMG Young Star Scholarship Program, we are investing in the next generation of leaders by equipping them with career defining opportunities, essential skills and experience.”
Since the launch of the KPMG Education Trust Fund in 2022, KPMG has pledged RM5 million over a decade. Each year, approximately RM500,000 is allocated to support KPMG’s various scholarship and sponsorship programs, including the Young Star Scholarship. To date, the programs have supported close to 200 beneficiaries. Notably, 71% of these beneficiaries come from B40 communities.
Empowering scholars through education and experience
To qualify for the KPMG Young Star Scholarship Program, applicants must meet the following criteria:
• A Malaysian citizen.
• Undergraduate students in penultimate year with at least one full academic year remaining.
• Minimum CGPA of 3.5 in STPM, A-Levels, Foundation, or Diploma.
• Proven leadership skills and active participation in extracurricular activities.
• Background in Accounting and Finance.
• Not presently holding other scholarships.
Successful applicants will receive financial support, guaranteed internship placements and job opportunities at KPMG in Malaysia upon graduation, sponsorship to complete their Malaysian Institute of Certified Public Accountants (MICPA) qualification and other benefits from the program.
Applications for the 2025 Young Star Scholarship Program are open until 6 April 2025. Shortlisted candidates will be notified for the next selection stages. For more details or to apply, please visit kpmg.com.my/educationtrustfund.
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
Executive, Marketing & Communications
KPMG in Malaysia
Tel: 011-11468571
Email: khadijahzainal@kpmg.com.my
--BERNAMA
“At KPMG, we see learning as a continuous journey-- one that extends beyond the classroom and fuels both personal and professional growth. It is a lifelong journey that opens doors to new opportunities and motivates personal development,” said Foong Mun Kong, Managing Partner of KPMG in Malaysia. “Through KPMG Young Star Scholarship Program, we are investing in the next generation of leaders by equipping them with career defining opportunities, essential skills and experience.”
Since the launch of the KPMG Education Trust Fund in 2022, KPMG has pledged RM5 million over a decade. Each year, approximately RM500,000 is allocated to support KPMG’s various scholarship and sponsorship programs, including the Young Star Scholarship. To date, the programs have supported close to 200 beneficiaries. Notably, 71% of these beneficiaries come from B40 communities.
Empowering scholars through education and experience
To qualify for the KPMG Young Star Scholarship Program, applicants must meet the following criteria:
• A Malaysian citizen.
• Undergraduate students in penultimate year with at least one full academic year remaining.
• Minimum CGPA of 3.5 in STPM, A-Levels, Foundation, or Diploma.
• Proven leadership skills and active participation in extracurricular activities.
• Background in Accounting and Finance.
• Not presently holding other scholarships.
Successful applicants will receive financial support, guaranteed internship placements and job opportunities at KPMG in Malaysia upon graduation, sponsorship to complete their Malaysian Institute of Certified Public Accountants (MICPA) qualification and other benefits from the program.
Applications for the 2025 Young Star Scholarship Program are open until 6 April 2025. Shortlisted candidates will be notified for the next selection stages. For more details or to apply, please visit kpmg.com.my/educationtrustfund.
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
Executive, Marketing & Communications
KPMG in Malaysia
Tel: 011-11468571
Email: khadijahzainal@kpmg.com.my
--BERNAMA
A CULINARY JOURNEY THROUGH TRADITION: WYNDHAM GRAND BANGSAR KUALA LUMPUR PRESENTS "SAJIAN WARISAN NUSANTARA" RAMADAN BUFFET
.jpg) |
| Sajian Warisan Nusantara Ramadan Buffet 2025 |
BANGSAR, Feb 27 (Bernama) -- Building on our tradition of celebrating Malaysian heritage and culture, Wyndham Grand Bangsar Kuala Lumpur proudly presents "Sajian Warisan Nusantara", a newly introduced Ramadan buffet concept. Now in its second year hosting a Ramadan buffet under the Wyndham Grand Bangsar Kuala Lumpur brand, this fresh rebranding offers an unforgettable culinary journey, showcasing the rich warisan (legacy) of flavours from the diverse Nusantara region.
From the moment you step inside, you’ll be immersed in a warm and inviting atmosphere that blends cultural elements with genuine hospitality. The carefully curated setting, paired with the enticing aromas of our culinary offerings, creates an experience that truly embodies the spirit of togetherness during this special time of year.
This year’s Ramadan buffet offers an exquisite selection of dishes designed to delight every palate, featuring a variety of signature and traditional favourites. Guests can indulge in the rich and aromatic Kari Kepala Ikan Salmon, along with our Hidangan Kawah selections, including the tantalizingly spicy Asam Pedas Ekor Sapi, the flavourful Gulai Patin Tempoyak, and the hearty Gulai Kambing Nangka. For rice lovers, we offer a selection of fragrant and perfectly spiced options, such as Nasi Mandy, Nasi Madghout, and Nasi Minyak. With an extensive spread of over 150 dishes, including an array of other mouth-watering options, Sajian Warisan Nusantara promises a truly memorable dining experience for all.
Priced at RM188 for adults, RM98 for children and senior citizens, this year’s Ramadan buffet offers exceptional value. Guests who book before February 28 can enjoy an exclusive early bird price of RM148. This special offer makes the Ramadan buffet an irresistible culinary journey, perfect for all to indulge in the flavours of the season.
What makes this year’s Ramadan buffet truly special is that it marks the second year of Wyndham Grand Bangsar Kuala Lumpur’s established brand in the heart of Bangsar. We invite guests to celebrate the spirit of Ramadan and Malaysia's rich heritage in a setting that combines refined luxury with a warm, welcoming atmosphere
We are excited to welcome guests back to our highly anticipated Ramadan buffet, 'Sajian Warisan Nusantara,' for another year of unforgettable culinary experiences,” shared Mr. TK Lee, General Manager of Wyndham Grand Bangsar Kuala Lumpur.
For FNB inquiries, please contact:
Phone: +603 2298 1888 Ext.: 5000 | +6016 336 6792 (WhatsApp)
Email: fb1@wyndhamgrandbangsarkl.com
Website: https://wyndhamgrandbangsarkl.com.my/
About Wyndham Grand Bangsar Kuala Lumpur
Wyndham Grand Bangsar Kuala Lumpur, situated in the heart of Bangsar, offers a unique blend of luxury, convenience, and sophistication. As the first Wyndham Grand property in Malaysia, it embodies the "Count On Me" service culture, providing an unrivaled experience for both business and leisure travelers. With 513 luxurious rooms, world-class amenities, a Grand Ballroom with a capacity of 2000 guests, and 17 versatile meeting rooms, the hotel is the ideal destination for grand gatherings and corporate events. For more information, visit
https://wyndhamgrandbangsarkl.com.my/
SOURCE: Wyndham Grand Bangsar Kuala Lumpur
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Muhamad Rafidi Bin Mohd Rathi
Marcom Manager
Wyndham Grand Bangsar Kuala Lumpur
Tel: +60122413965 | +603 2298 1888
Email: marcom@wyndhamgrandbangsarkl.com
--BERNAMA
PETRONAS AND ENI TO EXPLORE COMBINING INTERESTS INTO NEW JOINT VENTURE
KUALA LUMPUR, Feb 27 (Bernama) -- PETRONAS and Eni have announced an exclusive Memorandum of Understanding (MoU) to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia.
Both companies believe that this joint venture will create significant opportunities for growth, both in Malaysia and Indonesia, and is expected to generate substantial synergies towards becoming a major LNG player in the region, while delivering in the medium term, a sustainable 500 kboepd production. The joint venture will combine approximately 3 billion boe of reserves with an additional 10 billion boe of potential exploration upside.
The joint venture will focus on investing in new gas development projects, reflecting the companies’ commitment to energy transition and supporting the increasing regional domestic gas demand. A comprehensive business plan will be developed to capture future opportunities in exploration, development, and potential portfolio growth.
Under this arrangement, the assets will retain their current operational structure, with a focus on HSE, project delivery and efficiency, while both companies continue to uphold their social investment commitments. The new company will leverage the competencies and financial capabilities of both PETRONAS and Eni and is expected to raise external financing on a standalone basis.
PETRONAS and Eni aim to ensure stability in production for Malaysian assets while supporting timely new developments in Indonesia.
Both PETRONAS and Eni have informed the Indonesian and Malaysian governments of their intentions. Any final transaction will be subject to relevant governmental, regulatory, and partner approvals.
Issued by:
Media Communications
Group Strategic Relations and Communications
PETRONAS
SOURCE: PETRONAS
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Janette Boniface Barau
Tel: +6012 890 0241
Email: janette.barau@petronas.com.my
Name: Hana Nazsulaeeqa Harun
Tel: +6010 4553 378
Email: hananazsulaeeqa.haru@petronas.com.my
--BERNAMA
Both companies believe that this joint venture will create significant opportunities for growth, both in Malaysia and Indonesia, and is expected to generate substantial synergies towards becoming a major LNG player in the region, while delivering in the medium term, a sustainable 500 kboepd production. The joint venture will combine approximately 3 billion boe of reserves with an additional 10 billion boe of potential exploration upside.
The joint venture will focus on investing in new gas development projects, reflecting the companies’ commitment to energy transition and supporting the increasing regional domestic gas demand. A comprehensive business plan will be developed to capture future opportunities in exploration, development, and potential portfolio growth.
Under this arrangement, the assets will retain their current operational structure, with a focus on HSE, project delivery and efficiency, while both companies continue to uphold their social investment commitments. The new company will leverage the competencies and financial capabilities of both PETRONAS and Eni and is expected to raise external financing on a standalone basis.
PETRONAS and Eni aim to ensure stability in production for Malaysian assets while supporting timely new developments in Indonesia.
Both PETRONAS and Eni have informed the Indonesian and Malaysian governments of their intentions. Any final transaction will be subject to relevant governmental, regulatory, and partner approvals.
Issued by:
Media Communications
Group Strategic Relations and Communications
PETRONAS
SOURCE: PETRONAS
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Janette Boniface Barau
Tel: +6012 890 0241
Email: janette.barau@petronas.com.my
Name: Hana Nazsulaeeqa Harun
Tel: +6010 4553 378
Email: hananazsulaeeqa.haru@petronas.com.my
--BERNAMA
HYTERA TO UNVEIL HYTALK PTTOC PLATFORM AT MWC25, REVOLUTIONISING COMMUNICATION FOR CRITICAL INDUSTRIES
KUALA LUMPUR, Feb 27 (Bernama) -- Hytera Communications, a global leader in professional communications technologies and solutions, will showcase its Push-to-Talk over Cellular (PoC or PTToC) solution, the Hytera HyTalk PoC Platform, at Mobile World Congress 2025 (MWC25) in Barcelona on March 3 to 6.
Designed for government departments, transportation, utilities, security, logistics, and industries, the HyTalk PoC Platform leverages public networks to deliver a robust suite of communication services beyond push-to-talk, including voice, video, multimedia, and visualised dispatching.
Whether deploying a private communication system for the mobile workforce or providing communication services as a business, the platform provides abundant features for both users and administrators, according to Hytera in a statement.
Built for reliability, the platform uses a microservices architecture that guarantees high stability and seamless operation. Its scalable design dynamically allocates resources based on user demand, ensuring uninterrupted service and optimal performance, even during peak usage.
Security remains a top priority, with advanced measures such as signalling encryption, end-to-end media encryption, terminal authentication, and web access control to safeguard sensitive data from unauthorised access and potential threats.
The platform is adaptable to various operational needs, offering flexible deployment options, including cloud-based, on-premises, and industrial personal computer (PC) configurations.
Its customisable features enable seamless integration with existing business systems, providing tailored solutions for diverse industries. Operators and service providers can efficiently deliver public network PoC services while ensuring data segregation and operational independence among different enterprise users.
The platform is compatible with a range of professional PoC radios and devices from Hytera, enhancing coordination and efficiency in business-critical operations. These radios are built for reliability, offering clear audio, precise location tracking, extended battery life, and superior durability, ensuring uninterrupted communication in demanding conditions.
Hytera invites communication service providers, system integrators, industry professionals and stakeholders to explore the Hytera HyTalk Platform firsthand and see how it is revolutionising communication for critical industries worldwide.
-- BERNAMA
Designed for government departments, transportation, utilities, security, logistics, and industries, the HyTalk PoC Platform leverages public networks to deliver a robust suite of communication services beyond push-to-talk, including voice, video, multimedia, and visualised dispatching.
Whether deploying a private communication system for the mobile workforce or providing communication services as a business, the platform provides abundant features for both users and administrators, according to Hytera in a statement.
Built for reliability, the platform uses a microservices architecture that guarantees high stability and seamless operation. Its scalable design dynamically allocates resources based on user demand, ensuring uninterrupted service and optimal performance, even during peak usage.
Security remains a top priority, with advanced measures such as signalling encryption, end-to-end media encryption, terminal authentication, and web access control to safeguard sensitive data from unauthorised access and potential threats.
The platform is adaptable to various operational needs, offering flexible deployment options, including cloud-based, on-premises, and industrial personal computer (PC) configurations.
Its customisable features enable seamless integration with existing business systems, providing tailored solutions for diverse industries. Operators and service providers can efficiently deliver public network PoC services while ensuring data segregation and operational independence among different enterprise users.
The platform is compatible with a range of professional PoC radios and devices from Hytera, enhancing coordination and efficiency in business-critical operations. These radios are built for reliability, offering clear audio, precise location tracking, extended battery life, and superior durability, ensuring uninterrupted communication in demanding conditions.
Hytera invites communication service providers, system integrators, industry professionals and stakeholders to explore the Hytera HyTalk Platform firsthand and see how it is revolutionising communication for critical industries worldwide.
-- BERNAMA
AUTEL ENERGY UNVEILS HIGH-SPEED MAXICHARGER DH480 AT EVCHARGE LIVE THAILAND 2025
 |
| Autel Energy at Booth F10, EVCharge Live Thailand 2025 held at BITEC (Photo: Business Wire) |
According to a statement, this new lineup includes the state-of-the-art MaxiCharger DH480 All-in-One Charger, along with a full range of AC and DC charging products designed to meet diverse EV charging needs.
The DH480 sets a new standard for fast, efficient, and reliable EV charging, delivering up to 480 kilowatts (kW) of power and supporting simultaneous charging for up to four vehicles, ideal for high-demand locations.
It offers the industry’s highest charging speed, adding up to one kilometre (km) of range per second, with a success rate exceeding 99 per cent. Its versatility extends to payment options, with support for credit cards, RFID, QR codes, and Plug & Charge technology, ensuring a seamless experience for drivers.
Additionally, the MaxiCharger DC series integrates with renewable energy systems such as photovoltaic (PV) and battery energy storage (BESS), making it a future-proof solution for sustainable EV charging. With AI-driven monitoring and predictive maintenance ensuring over 98 per cent uptime, DH480 optimises operational performance.
Thailand's rapidly growing EV market positions it as a key player in Southeast Asia's green transportation ecosystem. Recognising this opportunity, Autel Energy has made Thailand a focus of its expansion strategy, rolling out a variety of charging solutions nationwide to serve various charging needs, from on-the-go charging stations to fleet and residential solutions.
Since 2022, the company has partnered with RÊVERSHARGER to deploy 120 kW and 360 kW fast-charging stations at Bangchak petrol stations and BYD showrooms in Thailand. Its widely popular AC Wallbox 7.4 kW is also gaining traction among Thai households, appreciated for its reliability, efficiency, and ease of use.
Autel Energy continues to prioritise AI in its solutions, preparing for the evolving AI-driven EV charging landscape. By incorporating proprietary technology, it is leveraging AI for dynamic load management, predictive maintenance, and seamless driver experiences.
This strategy ensures that Autel Energy remains at the forefront of innovation, providing scalable, efficient, and future-ready EV charging solutions.
-- BERNAMA
Wednesday, February 26, 2025
SME MALAYSIA HOSTS SUCCESSFUL BUSINESS TALK ON AI IN FINANCE AND E-INVOICING
 |
| YB Gobind Singh Deo (left 8) with guests of SME Business Talk on AI in Finance And E-Invoicing. From left Dr. Sasikala, Jamie Tan, Jason Wong, Camelia Loh, Saiful Izwan, Dr. Rasyidah, Desmond Anil, Chin Chee Seong, Datuk Ts. Fadzli, Boon Kim San, Miccele Siow, Datuk Ada Poon, Dennix Yeow, Tong Yoke Lean, Dr. Jennifer Ong. Empowering SME’s at The SME Business Talk Series By SME Malaysia |
Empowering SMEs with Digital Transformation, E-Invoicing, and New Business Opportunities
KUALA LUMPUR, Feb 26 (Bernama) -- The SME Association of Malaysia (SME Malaysia) successfully hosted the SME Business Talk Series: Empowering AI in Finance and E-Invoicing for SME Businesses yesterday at Menara AFFIN @ TRX. The event brought together over 300 business leaders, policymakers, and SME owners to explore the opportunities and challenges of AI and e-invoicing, and how SMEs can leverage digital transformation to drive growth, efficiency, and compliance.
Government’s Commitment to SME Digitalisation and E-Invoicing
The event was officiated by YB Tuan Gobind Singh Deo, Minister of Digital Malaysia, who highlighted the government’s commitment to accelerating digital adoption among SMEs, particularly in implementing e-invoicing as part of Malaysia’s digital tax and financial reform strategy.
“The digital economy is rapidly evolving, and SMEs must adapt to remain competitive. AI and e-invoicing will not only streamline business operations but also open new opportunities for growth. The government is committed to supporting SMEs in this transformation,” said YB Tuan Gobind Singh Deo.
With Phase 3 of e-invoicing implementation now mandatory, businesses must transition to digital invoicing to enhance tax compliance, reduce fraud, and improve financial efficiency.
Advancing SME Digitalisation – A Call to Action
Mr. Chin Chee Seong, National President of SME Malaysia, reinforced the urgency of digital transformation, urging SMEs to proactively integrate AI and e-invoicing into their financial and operational systems.
“SMEs are the backbone of our economy, and their digital transformation is key to Malaysia’s future growth. AI-driven solutions and e-invoicing will not only improve productivity and efficiency but also ensure compliance with evolving tax regulations and financial reporting requirements. Now is the time for SMEs to take action,” said Mr. Chin.
Unlocking Digital Opportunities for SMEs Through AI & E-Invoicing
The adoption of AI and e-invoicing presents SMEs with numerous benefits, including:
· E-Invoicing for Compliance & Efficiency – Automates invoice generation, submission, and tracking, ensuring seamless tax reporting and reduced administrative burden.
· Improved Financial Transparency – Ensures real-time visibility into financial transactions, reducing errors and fraud risks.
· New Business Models & Market Expansion – Digitalisation enables SMEs to leverage e-commerce, subscription-based services, and cross-border trade opportunities.
· Enhanced Customer & Supplier Relationships – Faster, automated invoicing reduces disputes and improves payment cycles, strengthening business relationships.
Expert Discussions on AI & E-Invoicing for SMEs
The event featured engaging discussions on how SMEs can implement AI and e-invoicing seamlessly while taking advantage of new digital opportunities.
1. Panel Discussion: Empowering SMEs Through Digitalisation & E-Invoicing
Moderated by Mr. S. Saravana Kumar, Partner at RDS Partnership, this session featured:
· Dr. Rasyidah Che Rosli, Director, E-Invoice Division, LHDN
· Encik Saiful Izwan, Director, National E-Invoicing & Standardisation, MDEC
· Mr. Jason Wong, Managing Director, iMocha Sdn. Bhd.
The panelists provided insights on the transition to mandatory e-invoicing, AI-driven financial solutions, and how SMEs can digitally future-proof their businesses.
2. Fireside Chat: Driving Malaysia’s Economic Growth Through AI & SME Digitalisation
Moderated by Mr. Chin Chee Seong, this discussion featured:
· Mr. Sam Majid, Head of the National AI Office, Ministry of Digital
· Mr. Jamie Tan, Managing Director, JLL Malaysia
· Mr. Ankur Jakhwal, Chief Executive Officer, Boost Connect
Speakers shared strategic insights on AI adoption, digital financial tools, and how SMEs can leverage government support to accelerate digitalisation and e-invoicing implementation.
Commitment to SME Growth, E-Invoicing, and Innovation
The SME Business Talk Series is a significant initiative in SME Malaysia’s mission to empower businesses with the knowledge, tools, and resources needed to thrive in an increasingly digital world.
“This event marks a critical step in guiding SMEs toward a future where AI, e-invoicing, and digital finance are the driving forces of success. SME Malaysia remains committed to advocating for policies, resources, and initiatives that will support SMEs in their journey towards digital transformation,” said Mr. Desmond Anil A/L Raymond Norbert, National Council Member of SME Malaysia and Organising Chairman of the event.
The success of the event underscores the need for continued collaboration, training, and engagement to ensure SMEs maximize the benefits of AI and e-invoicing while seizing new digital business opportunities.
About the SME Association of Malaysia
The SME Association of Malaysia (SME Malaysia) is the largest SME-focused organization in the country, established in 1995. SME Malaysia serves as a platform for advocacy, capacity-building, and business networking, helping SMEs grow through policy engagement, industry collaborations, and knowledge-sharing initiatives.
SOURCE: SME Association of Malaysia
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ms. Eunice Leong
Tel: +603-8024 5737 / +6016-232 4135
Email: info@smemalaysia.org
--BERNAMA
SYNCHRONOSS TO DISCUSS Q4, FULL YEAR 2024 FINANCIAL RESULTS ON CONFERENCE CALL
KUALA LUMPUR, Feb 26 (Bernama) -- Synchronoss Technologies Inc (Synchronoss) announced it will hold a conference call on March 11 to discuss its financial results for the fourth quarter (Q4) and full year ended Dec 31, 2024.
In a statement, Synchronoss said the financial results will be issued in a press release prior to the call.
During the call, Synchronoss management will host the presentation, followed by a question-and-answer session.
The conference call will be broadcast live via the Investor Relations section of Synchronoss’ website.
A global leader and innovator in personal cloud platforms, Synchronoss empowers service providers to establish secure and meaningful connections with their subscribers.
-- BERNAMA
In a statement, Synchronoss said the financial results will be issued in a press release prior to the call.
During the call, Synchronoss management will host the presentation, followed by a question-and-answer session.
The conference call will be broadcast live via the Investor Relations section of Synchronoss’ website.
A global leader and innovator in personal cloud platforms, Synchronoss empowers service providers to establish secure and meaningful connections with their subscribers.
-- BERNAMA
CGC FUELS BUSINESS EXPANSION THROUGH NEWLY LAUNCHED GUARANTEE SCHEMES FOR MID-TIER COMPANIES
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| (L-R) Credit Guarantee Corporation Malaysia Berhad (CGC Malaysia) Azman Idrus Head Strategic Management, National President Small and Medium Enterprises Association Malaysia (SAMENTA) YBhg. Datuk William Ng, CGC Malaysia President & Chief Executive Officer Datuk Mohd Zamree Mohd Ishak, Council Member of Malaysian Consortium of Mid-Tier Companies (MTC) Ms. Faith Toh and CGC Malaysia Chief Business Officer Sean Tan at the Launch of Guarantee Schemes BizJamin-i and BizJamin MTC. |
KUALA LUMPUR, Feb 26 (Bernama) -- Credit Guarantee Corporation Malaysia Berhad (CGC) yesterday marked a significant milestone in Malaysia’s financial landscape with the official launch of two new guarantee schemes aimed to assist Mid-Tier Companies (MTC) – BizJamin-i MTC and BizJamin MTC.
The guarantee schemes are designed to enhance capital accessibility for MTCs as they can now access financing guarantees of up to RM60 million accumulative per group, with a guarantee tenure of up to 15 years via Participating Financial Institutions (PFIs). Covering a broad spectrum of financing options, including Term Financing, Cash Line Facilities, and Trade Facilities, this initiative aims to address long-standing financing challenges faced by MTCs that often hinder business expansion.
The launch event, held at the InterContinental Kuala Lumpur, was officiated by Datuk Mohd Zamree Mohd Ishak, President and Chief Executive Officer of CGC, alongside distinguished industry leaders, financial partners, and stakeholders.
MTCs play an outsized role in Malaysia’s economic framework. Speaking at the launch, Datuk Mohd Zamree Mohd Ishak stated, “For over five decades, CGC has supported financial inclusion, ensuring Malaysian MSMEs are not constrained by a lack of capital or collateral. Given CGC’s strong capital position and track record, we are extending that commitment to Malaysian MTCs with our tailored credit guarantee solutions – BizJamin-i MTC and BizJamin MTC, to help MTCs scale and innovate. These schemes are strategic solutions for sustainable growth and transformation.”
CGC is extending its support to MTCs through a suite of enhanced guarantee offerings:
i. Higher Guarantee Support – Up to 80% coverage or RM20 million (unsecured portion) of the financing from PFIs.
ii. Competitive Base Guarantee Fees – Ranging from 0.50% to 1.50% per annum.
iii. Inclusive Access – Open to all eligible MTCs across industries.
This expanded support structure aims to empower MTCs with greater financial confidence, enabling them to scale operations, increase resilience, and compete more effectively on both local and international fronts.
During the launch, Datuk Mohd Zamree Mohd Ishak extended his gratitude to the PFIs and regulatory partners for their unwavering commitment to realising this initiative. He also took the opportunity to congratulate the 11 winners of CGC’s PG Sales Challenge Award and the Top Sales Guarantee Achiever Award, recognising their exceptional performance and contributions to the industry.
As Malaysia advances in enhancing its business financing ecosystem, CGC remains dedicated to expanding financial accessibility, empowering unserved and underserved businesses, and strengthening the nation’s position as a leading regional economic force.
About CGC
Credit Guarantee Corporation Malaysia Berhad (CGC) was established on 5 July 1972. It is 78.65% owned by Bank Negara Malaysia and 21.35% by the commercial banks in Malaysia. CGC aims to assist Small, and Medium- Sized Enterprises (SMEs) with inadequate or without collateral and track records to obtain credit facilities from financial institutions by providing guarantee cover on such facilities. As of January 2025, CGC has availed over 539,274 guarantees and financing to MSMEs valued at over RM99.57 billion since its establishment.
On 9 February 2018, CGC introduced imSME, Malaysia’s first SME online financing/loan referral platform. The imSME serves as an alternative channel for MSMEs to source for financing products, saving them both the time and the hassle of going through time-consuming processes. From the time of its inception to the end of January 2024, the imSME portal had received more than 2.810 million visits, with more than 84,892 registered MSMEs under the portal. For more information, please visit www.cgc.com.my and https://imsme.com.my/.For more information, please visit www.cgc.com.my and https://imsme.com.my/.
SOURCE: Credit Guarantee Corporation Malaysia Berhad (CGC)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Azman Idrus
Head of Strategic Management
Email: ccsr@cgc.com.my.
Name: Nazlin Amirudin
Head of Section, PR & Media, Social & Digital Media, and CSR
Email: ccsr@cgc.com.my.
--BERNAMA
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