IRBM CALLS FOR TAXPAYERS TO IMPROVE TAX ESTIMATION AND EMBRACE E-ANSURAN AT THE MALAYSIAN TAX CONFERENCE 2025

 

Datuk Dr Abu Tariq Jamaluddin, Chief Executive Officer, Inland Revenue Board of Malaysia

KUALA LUMPUR, April 14 (Bernama) -- The Malaysian Institute of Accountants (MIA) and the Malaysian Association of Tax Accountants (M.A.T.A) co-organised the Malaysian Tax Conference 2025 with the theme of TRANSFORMING TAX, FOSTERING GROWTH today at the Kuala Lumpur Convention Centre (KLCC).

In his keynote address, guest of honour Datuk Dr Abu Tariq Jamaluddin, Chief Executive Officer (CEO), Inland Revenue Board of Malaysia (IRBM), highlighted two key initiatives aimed at facilitating and easing the compliance burden on taxpayers.

ADAPT TAX ESTIMATION APPROACH, UTILISE REVISION WINDOWS

He praised compliant taxpayers for their diligent contribution to revenue and commended tax agents and managers for helping businesses to fulfil their responsibilities as taxpayers. Approximately 86% of corporate income tax was collected through monthly CP204 instalments, with 90% of companies paying on time.

Nevertheless, Datuk Dr Abu Tariq noted a high volume of tax refunds, which indicates tax estimation inaccuracies. To address this, he urged companies to “estimate their taxes based on forecasted business performance and to ensure that they are not relying solely on prior years’ tax estimation figures.”

“Businesses are dynamic and tax estimations must adapt accordingly. Accurate forecasting enhances cash flow management and reduces refund processing delays. The new option to revise estimates in the 11th month, in addition to the 6th and 9th months, offers better flexibility and accuracy. We recommend companies to fully utilise the revision windows,” he advised.

E-ANSURAN – EASING TAX COMPLIANCE

Datuk Dr. Abu Tariq reiterated in his keynote address that IRBM’s role is not only to “uphold the law but to make it easier for people to do the right thing.” This includes expanding digital and self-service options for taxpayers, including greater payment flexibility to support taxpayers - especially business owners - in navigating real-world challenges such as unforeseen costs or temporary cash flow issues.

To further enable payment flexibility, IRBM introduced e-Ansuran on 5 March 2025, a new and fully online instalment application service accessible through the MyTax Portal. While instalment options have been available in the past, e-Ansuran marks a major step forward as taxpayers can now make tax instalment payments from home or office, without the hassle of visiting a tax office or submitting documents.

“We understand that paying a lump sum can be overwhelming, especially when you are juggling business commitments or facing unexpected expenses. With e-Ansuran, taxpayers can split their payments into two to six instalments, so long as the total amount is above RM300. The process is automatic, no supporting documents needed, no delays,” said Datuk Dr Abu Tariq.

“This flexibility gives people room to manage their finances more effectively while still meeting their tax obligations. It also helps them avoid penalties or legal action down the line. We believe that initiatives like e-Ansuran won’t just reduce the burden on taxpayers, they will also lead to better long term compliance,” stated Datuk Dr. Abu Tariq.

Earlier Dato’ Seri Dr Mohamad Zabidi Ahmad, President, MIA, in his welcome remarks said that MIA hopes to inspire tax professionals to support Malaysia’s economic progress and sustainability initiatives in line with the Madani Economic Framework for sustainable growth.

As the regulator and developer of the profession, MIA is committed to working with IRBM and other stakeholders to build expertise in taxation and sustainability and other core areas, therefore helping to drive Malaysia’s development.

NOTE TO EDITOR:

About the Malaysian Institute of Accountants (MIA)
Established under the Accountants Act 1967, MIA is the national accountancy body that regulate, develops, supports and enhances the integrity, status and interests of the profession in Malaysia. MIA accords the Chartered Accountant Malaysia or “C.A. (M)” designation. Working closely alongside businesses, MIA connects its membership to a wide range of information resources, events, professional development and networking opportunities. Presently, there are more than 40,000 members making their strides in businesses across all industries in Malaysia and around the world.

MIA’s international outlook and connections are reflected in its membership of regional and international professional organisations such as the International Federation of Accountants (IFAC) and the ASEAN Federation of Accountants (AFA).
For more information on MIA, visit www.mia.org.my

SOURCE: Malaysian Institute of Accountants (MIA)

FOR MORE INFORMATION, PLEASE CONTACT:
MIA STRATEGY COMMUNICATIONS & BRANDING
E-mail: communications@mia.org.my

Name: THANE MEYYAPPAN
Tel: +60122489534

--BERNAMA

Innovation Meets Impact: SEEd.Lab Showcases Six Social Ventures at S.L.I.D.E 2025

Photo 2 - SEEd.Lab's Cohort 3 coaches and social entrepreneurs

KUALA LUMPUR, April 11 (Bernama) -- SEEd.Lab, or Social Enterprise Education Laboratory – an incubator programme powered by PETRONAS and Tata Consultancy Services (TCS) – organised the SEEd.Lab Impact Driven Experience (S.L.I.D.E 2025), which saw the presentation of innovative solutions by six pioneering ventures from its third cohort to potential funders, industry leaders, and collaborators.

S.L.I.D.E 2025 provided an avenue for the ventures to accelerate their growth by establishing meaningful collaborations, securing mentorship, and building strategic partnerships to bring their innovations to the market. The six ventures span various industries, including sustainable agriculture, financial empowerment, STEM education, and elderly care. Each startup is developed through SEEd.Lab's intensive incubation programme, equipping participants with the tools to scale their solutions in creating meaningful changes to address Malaysia’s most pressing social challenges.

Head of SEEd.Lab, Aidonna Jun Ayub said, "Since its inception, SEEd.Lab has empowered changemakers by providing mentorship, funding, and commercialisation support. To date, SEEd.Lab has birthed 14 social ventures including six from its third cohort and positively touched 28,000 lives.”

“S.L.I.D.E 2025 serves as a crucial platform for these ventures to showcase their social businesses and secure strategic partnerships that will accelerate their growth and forge solutions for the communities. Making positive changes in the community is a collective effort, and SEEd.Lab is an active participant in this endeavour," added Aidonna.

The six social ventures showcased at S.L.I.D.E 2025 were:

AquFish: Helping fish farmers optimise feeding through precision-based smart monitoring systems.

ArtsProud: Igniting creative connections for seniors, combating isolation and enhancing cognitive health through immersive arts experiences that transform aging.

LearnaDo: Levelling up students' interest in science through game-based learning to make STEM education an unforgettable adventure.

ProLadang: Empowering farmers with satellite-driven insights for early pest and disease detection.

Quinterra: Pioneering sustainable food waste solutions through bioconversion using black soldier flies, and aquaponic regenerative farming.

Sagemaker Asia: Empowering financially vulnerable women to turn their sewing talents into sustainable businesses, creating handcrafted interactive Busy Storybooks for young children and corporate gifts.

Attendees at S.L.I.D.E 2025 had the opportunity to engage directly with the founders, explore potential collaboration and partnership opportunities, and contribute to shaping the future of sustainable and impactful business solutions. These ventures are eager to form strategic alliances with organisations and individuals who share their vision for creating lasting, positive changes. With the right support and collaboration, they aim to scale their impact and expand their reach to communities in need.

PETRONAS Executive Vice President and Chief Executive Officer of Downstream, Datuk Sazali Hamzah said, "Our mission at SEEd.Lab extends beyond the bottom line. The social enterprises that were grown within the programme demonstrate the power of a common vision and passion for change. We have seen the impact our ventures have created throughout the past five years SEEd.Lab has been operating and we firmly believe that these changemakers are the key to addressing some of Malaysia’s most pressing social challenges, one community at a time. We hope that S.L.I.D.E 2025 will create new opportunities for like-minded collaborators from industries as well as communities that will help strengthen the foundations of the ventures in their pursuit of impact creation and making a difference for the community they serve.”

Tata Consultancy Services (TCS) Malaysia Country Head Jeevan Rajoo said, "SEEd.Lab equips these entrepreneurs with the necessary tools, mentorship, and resources to develop scalable solutions that can truly make a difference. S.L.I.D.E 2025 is the bridge that connects their vision with the collaborative support they need to grow. These ventures have already laid the foundation for impactful change, but they need the right partners to go further. I encourage stakeholders from all sectors to explore the opportunities for collaboration they present and be part of their journey. This is a chance for funders and partners to make a real difference while being part of something transformative."

SEEd.Lab is the country's first 12-to-18 month incubation programme which incorporates an end-to- end journey that spans over the essential stages of a start-up's growth. It is modelled around the TCS Digital Impact Square (DiSQ) in India, an open social innovation centre that encourages innovation using digital technologies to address social challenges prevalent in the community and customised to address the needs of communities in Malaysia.

With its continued success, SEEd.Lab remains committed to fostering a new wave of entrepreneurs dedicated to solving societal challenges. Applications for the next cohort will open soon, offering more aspiring changemakers the chance to be part of this transformative initiative.

Further information on SEEd.Lab can be found at www.seedlab.my.

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 Tata Consultancy Services (TCS)

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.

Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce of over 607,000 consultants in 55 countries and 180 service delivery centres across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to Artificial Intelligence today.

TCS sponsors 15 of the world’s most prestigious marathons and endurance events, including TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment. TCS generated consolidated revenues of US $29 billion in the fiscal year ended March 31, 2024. For more information, visit www.tcs.com

About SEEd.Lab

SEEd.Lab is a social enterprise innovation hub by Petroliam Nasional Berhad (PETRONAS) and Tata Consultancy Services (TCS), targeting to address social pain points in Malaysia by promoting self- sustaining social enterprises that forge solutions for the communities, leveraging the power of technology and innovation. To find out more, visit www.seedlab.my

For photos, please click here:
https://drive.google.com/drive/folders/1yx2J0dPGBk_H4DTkqihNUnKc-bC_1Ew9?usp=sharing

Photo 1 – Datuk Sazali Hamzah inspires collaboration at S.L.I.D.E. 2025
Photo 2 – SEEd.Lab's Cohort 3 coaches and social entrepreneurs
Photo 3 – Head of SEEd.Lab, Aidonna Jun Ayub
Photo 4 – Head of SEEd.Lab, Aidonna Jun Ayub

Issued by
Media Communications
Group Strategic Relations and Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nabil Basaruddin
Tel: +6012 4249 750
Email: nabil.basaruddin@petronas.com.my

Name: Anisa Adnin Mohamad
Tel: +6013 9042 724
Email: anisaadnin.mohamad@petronas.com.my

--BERNAMA

CBL INTERNATIONAL TO FILE 2024 ANNUAL REPORT, HOST WEBCAST

KUALA LUMPUR, April 9 (Bernama) -- CBL International Limited (CBL), the Nasdaq-listed arm of Banle Group, announced it will file its annual report on Form 20-F for 2024 on April 16.

Following this, CBL in a statement said it will host a live webcast on April 17, where its management will discuss the group’s performance, strategic plans, and market developments.

The webcast will feature key executives, including its Chairman & Chief Executive Officer, Dr Teck Lim Chia; Assistant Chief Financial Officer, Nicholas Fung; and Investor Relations & Public Relations Director, Venus Zhao.

CBL represents Banle Group, an Asia-Pacific marine fuel logistics provider operating in more than 60 global ports, including key hubs in Europe, Asia, and the Americas.

-- BERNAMA

AEON CREDIT RECORDED 14.6% REVENUE GROWTH TO RM575.04 MILLION IN Q4FYE25

The Group declares a final single-tier dividend of 14.50 sen per shares in respect of FYE25

KUALA LUMPUR, April 9 (Bernama) -- AEON Credit Service (M) Berhad (“AEON Credit” or the “Group”) today reported a 14.6% growth in revenue to RM575.04 million in the fourth quarter ended 28 February 2025 (“Q4FYE25”) compared to RM501.57 million of the preceding year corresponding to quarter ended 29 February 2024 (“Q4FYE24”).

The Group’s transaction and financing volume surged by 16.7%, reaching RM2.16 billion in Q4FYE25, compared to RM1.85 billion in Q4FYE24. Correspondingly, the Group’s gross financing receivables rose by RM1.89 billion, reaching RM14.12 billion in Q4FYE25, marking a 15.4% growth from RM12.23 billion in Q4FYE24. This expansion was driven by the Group’s strategic focus on penetrating the M40 segment, strengthening its asset quality through refined product offerings of Vehicle Financing, collaborative campaigns with AEON Group and ongoing efforts to promote digital onboarding.

Both Profit Before Tax (“PBT”) and Profit After Tax (“PAT”) grew to RM179.70 million and RM131.00 million respectively. The strong performance was underpinned by robust revenue growth driven by Personal Financing and Vehicle Financing with solid receivable growth across key products. However, this was partially offset by higher impairment losses on financing receivables that reflected an increase of RM71.30 million mainly contributed by higher receivables, along with increased other operating expenses in line with higher sales and revenue generated costs.

The Board has recommended a final single-tier dividend of 14.50 sen per share, scheduled for payment on 24 July 2025, subject to shareholder approval at the forthcoming Annual General Meeting, with the date to be announced later. The total dividend payable for FYE25 amounting to RM146.80 million with a payout ratio of 39.6%.

For the financial year ended 28 February 2025 (“FYE25”), the Group reported a 15.1% growth in revenue to RM2.20 billion compared to RM1.91 billion recorded in the preceding year (“FYE24”). The growth was driven by 15.3% increase in transaction and financing volume, which reached RM8.41 billion year-on-year (“YoY”).

PBT and PAT stood at RM513.51 million and RM370.61 million respectively, after accounting for a RM68.33 million share of losses from AEON Bank, an associate company. This translated to earnings per share (“EPS”) of 72.58 sen and a return on average equity (“ROE”) of 13.6%.

The Group’s Non-Performing Loans (“NPL”) ratio recorded a marginal increase to 2.64% in FYE25, compared to 2.57% in FYE24. AEON Credit remains committed to prudent credit risk management, with a strong emphasis on maintaining asset quality. This includes strengthening credit assessment policies through the introduction of a new credit limit multiplier policy, implementing enhanced training programs to improve credit judgment skills, and proactively monitoring and managing underperforming portfolios to ensure sustainable growth.

Prospect:
Malaysia’s GDP grew by 5.0% in Q4 2024, driven by stronger private spending and a recovery in exports. However, this was slightly lower than the 5.4% growth recorded in Q3. Looking ahead, Bank Negara Malaysia projects economic growth of between 4.5% and 5.5% in 2025, supported by sustained domestic expenditure and improving external demand.

In response to prevailing geopolitical tensions, inflationary pressures, and ongoing volatility in global financial markets, the Group maintains a cautious yet strategic approach to business. It remains committed to prudent growth, prioritizing high-quality assets while actively managing credit risks within its financing portfolios.

As the Group enters the new financial year, it remains focused on long-term sustainability, staying true to its purpose of "Bringing Finance Closer to Everyone." To realize this vision, the AEON Living Zone initiative has been set in motion. A dedicated project team has been formed, targeting a market rollout in the first half of FYE2026. This initiative will introduce a tiered membership program with enhanced privileges, designed to expand customer reach while strengthening loyalty. Further collaborations will continuously enhance the AEON Living Zone ecosystem by expanding the features of AEON Wallet, providing customers with a more seamless and integrated financial experience.

AEON Bank has introduced a range of new products set for release in the coming financial year, including the recent introduction of Shariah-Compliant Personal Financing of up to RM10,000. Complementing this initiative, AEON Bank has also launched "Neko Missions," an innovative gamification-based stamp program designed to deepen customer engagement.

With these strategic initiatives, the Group remains committed to delivering value-driven financial solutions while adapting to an evolving economic landscape.

Barring unforeseen circumstances, the Group expects to be able to maintain its business momentum by implementing the appropriate measures for the financial year ended 28 February 2026.

ABOUT AEON CREDIT SERVICE (M) BERHAD
AEON Credit Service (M) Berhad (“AEON Credit”) was incorporated on 6 December 1996 and converted into a public limited company on 9 February 2007 and subsequently listed on the Main Market at Bursa Malaysia Securities Berhad on 12 December 2007. Today, the business of the Group has involved in issuance of Credit Cards, Prepaid Cards, AEON Wallet App, Easy Payment Schemes, Hire Purchase Financing for Motor Vehicles, Personal Financing Schemes, Insurance Broker, Digital Islamic Banking, and other related services. The Group currently has 5 Regional Offices, 60 branches and service centres located in the major shopping centres and towns, a network of more than 7,700 participating merchant outlets nationwide.

Issued by AEON Credit Service (M) Berhad

SOURCE: Aeon Credit Service (M) Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ms. Tanny Tan
Tel: +603 2772 9113
Email: corp_communication@aeoncredit.com.my

--BERNAMA

Bitget Chief of Legal's Open Letter Highlights Expansion and Regulatory Compliance Plans

VICTORIA, Seychelles, April 8 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has published an open letter by its Chief Legal Officer, Hon Ng, which highlights the exchange's efforts in global regulatory compliance and expansion. The CEX continues to grow in the global crypto market by securing regulatory approvals and expanding its operations. With a strong focus on compliance, Bitget is navigating evolving regulatory landscapes with over eight licenses obtained while ensuring that users have access to a secure and transparent trading environment.
Hon Ng, Chief Legal Officer at Bitget, has addressed the company’s strategic direction in an open letter, providing plans to grow Bitget’s regulatory standing across multiple jurisdictions. His statements show the importance of regulatory dialogues and highlight upcoming initiatives that will shape the platform’s future.

“The regulatory environment surrounding digital assets is becoming more defined, and Bitget is taking proactive steps to work alongside authorities to ensure responsible growth. Compliance is not an obligation it's a necessity; it's about setting a standard for the industry and building a sustainable ecosystem for users,” said Hon Ng, Chief Legal Officer at Bitget.

Bitget has already secured registrations and approvals in several key markets, including Australia, Italy, Poland, Lithuania, the UK, the Czech Republic, and El Salvador. These achievements align with the company’s strategy of working within legal frameworks and supporting initiatives that promote advanced security and user protection. The legal and compliance teams are working closely to obtain additional licenses in jurisdictions that will further enhance the platform’s accessibility and credibility.

One of the primary objectives for the upcoming year is to refine the company’s compliance protocols. A strong Know Your Customer (KYC) process is being implemented to optimize user verification while adhering to anti-money laundering and counter-terrorism financing regulations. In parallel, Bitget is investing in advanced transaction monitoring tools to detect and prevent illicit activity, ensuring that all operations adhere to the highest standards of financial integrity.

Collaboration with regulators and law enforcement agencies remains a key aspect of Bitget’s compliance efforts. The company has established direct communication channels with authorities to facilitate transparent reporting and improve response times in cases of suspicious activity. By adopting new technological solutions, Bitget aims to enhance global cooperation while safeguarding user privacy.

In addition to regulatory advancements, Bitget is focused on introducing innovative products that align with compliance requirements. Bitget is already building even stronger user protection, risk management features, and enhanced security measures that strengthen the platform's durability and credibility. This is in line with the company's targets of maintaining a secure, compliant, and user-centric trading platform.

As part of its commitment to responsible operations, Bitget strictly adheres to international sanctions controls. Users from restricted regions are prohibited from accessing the platform, ensuring that all activities remain within legal boundaries. A dedicated compliance team continuously monitors global regulatory developments to adjust policies as needed.

Bitget’s legal and compliance strategy is designed to adapt to the rapidly changing digital asset landscape. With regulatory discussions evolving worldwide, the company is prepared to adjust its framework to align with new policies and emerging industry standards. The legal team remains engaged in conversations with policymakers to contribute to the responsible development of crypto regulations.

“Compliance is a continuous process that requires foresight and collaboration. Our goal here is simple: we comply, expand, operate, and grow. Our focus remains on making crypto accessible to everyone globally, and each license and approval is a step closer to it,” added Ng.

Bitget’s ongoing expansion and compliance efforts reaffirm its role as a leading player in the crypto market. By staying ahead of regulatory changes and implementing rigorous security measures, the company indeed plans to keep its title of being one of the top most trusted crypto exchanges globally.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ce89060-7391-4f7b-8779-f290efb24dc4

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

PETRONAS GAS BERHAD CONTINUES CONTRIBUTION OF AID TO COMMUNITIES AFFECTED BY PUTRA HEIGHTS INCIDENT

KUALA LUMPUR, April 8 (Bernama) -- PETRONAS Gas Berhad (PGB) is unwavering in its commitment to provide meaningful support to the individuals and families affected by the recent gas pipeline fire near Putra Heights, Subang Jaya as parts of its efforts to alleviate the challenges faced by the community.

Following the incident, PGB activated its crisis and emergency response teams and swiftly mobilised resources, including volunteers from amongst its employees who were some of the first to assist the Jabatan Kebajikan Masyarakat (JKM) at the Pusat Pemindahan Sementara (PPS). These relief centres were established to provide safe, interim shelter for individuals and families who were relocated from their homes.

From Day-1 to date, over 100 staff have volunteered to manage the food distribution at the PPS. PGB also provides approximately 1,000 packs of food daily for those impacted at the relief centres and frontliners on-site.

Prioritising safety and the well-being of the affected communities, PGB has voluntarily been working closely with identified hospitals and Kementerian Kesihatan Malaysia (KKM) to facilitate the medical needs of the victims receiving emergency treatment. PGB is also collaborating with the Federal and State governments in channelling aid to ease the burden of those impacted by the incident.

PGB is also working with Jabatan Pengurusan Bencana Negeri (JPBN) on further assistance such as transit housing post-PPS for those needing longer-term accommodation. For the affected communities facing total or partial loss to their properties, PGB, in collaboration with Prihatin Selangor, has distributed more than RM 700,000 in monetary aid. Each household will receive either RM 5,000 or RM 2,500, depending on the extent of their property loss.

Other PETRONAS Group entities, namely PETRONAS Dagangan Berhad and Yayasan PETRONAS also contributed care packs containing supplies to meet the general needs of the displaced individuals and families.

PGB is committed in supporting the government towards community rebuilding initiatives, while cooperating fully with relevant authorities to determine the cause of the incident. Its top priorities remain ensuring public safety, and that of its operations while maintaining the nation’s gas supply security.

About PETRONAS Gas Berhad

PETRONAS Gas Berhad (PGB) is the leading gas infrastructure and utilities company with PETRONAS Group holding 51% of its equity. Incorporated in 1983 and listed on the Main Board of Bursa Malaysia on 4 September 1995, PGB operates four integrated businesses, which are gas processing, transportation, regasification and utilities.

Our strategically located assets and strong operational performance ensures safe and reliable supply of products and services throughout Malaysia and Singapore. With over 30 years of experience in gas and utilities infrastructure operations, PGB steps up to pursue growth opportunities in domestic and emerging market as part of our integrated gas solutions.

PGB is a constituent company member of FTSE4Good Index Series, showing the Company's commitment to operate in a responsible manner in the environmental, social and governance (ESG) fronts.

Further details on PGB can be found at www.petronas.com/pgb

Issued by:
PETRONAS Gas Berhad

SOURCE: PETRONAS Gas Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Florence Oh
Tel: +012 3081 092
Email: florence.oh@petronas.com

Name: Faris Fahmi
Tel: +6012 7717 857
Email: faris.mohd@petronas.com

--BERNAMA

GRADIANT'S FOREVERGONE WINS GOLD AT 2025 EDISON AWARDS FOR PFAS SOLUTION

 

Gradiant’s Anurag Bajpayee, Steven Lam, Katie Dobbins, and Mark Danchak receive 2025 Edison Gold Award

KUALA LUMPUR, April 7 (Bernama) -- Gradiant, a global leader in advanced water and wastewater treatment, has announced that its ForeverGone solution received the prestigious Gold Award at the 2025 Edison Awards.

This recognition highlights Gradiant’s leadership in sustainability and technological innovation, reinforcing its commitment to addressing per- and polyfluoroalkyl substances (PFAS) contamination, one of the world’s most pressing environmental challenges.

“ForeverGone finally provides a true end-to-end solution — one that concentrates and destroys PFAS at the source, ensuring these harmful chemicals are removed from nature permanently.

“This recognition from the Edison Awards affirms the transformative impact of our technology and our mission to deliver clean water solutions at a global scale,” said Gradiant chief executive officer, Anurag Bajpayee in a statement.

PFAS, commonly referred to as "forever chemicals", are durable synthetic substances found in water sources from industrial, municipal, and landfill activities. These chemicals are associated with serious health concerns, including cancer, immune disorders, and developmental issues, making PFAS a critical public health threat worldwide.

Gradiant’s ForeverGone is the industry’s first integrated solution that not only removes PFAS from contaminated water sources but also permanently destroys them on-site, without the risk of releasing toxic chemicals back into the environment.

The 2025 Edison Awards, announced on April 3 in Fort Myers, Florida, are now in their 38th year, celebrating excellence in new product and service development, marketing, design, and innovation. Finalists are selected by a peer-related voting body made up of top global executives, academics, and innovation leaders.

The ForeverGone technology pairs Micro-Foam Fractionation and Destruction Engine to concentrate PFAS into a micro-foam and destroy it using electro-oxidation, producing water that complies with or exceeds the latest United States Environmental Protection Agency (US EPA) drinking water standards.

This integrated approach enhances simplicity, efficiency, and sustainability, setting new standards for PFAS removal at a reduced overall cost.

Gradiant is rapidly deploying ForeverGone across industries including semiconductors, food and beverage, mining, and major municipalities, ensuring PFAS remediation becomes more accessible to communities worldwide.

-- BERNAMA