KUALA LUMPUR, May 22 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) announced that OeEB has provided a US$15 million financing facility to Asia Alliance Bank (AAB) to support funding for small and medium-sized enterprises (SMEs), women entrepreneurs and green projects in Uzbekistan. (US$1=RM3.95)
According to EMGA in a statement, the transaction supports AAB’s efforts to expand sustainable and private sector financing while diversifying its international funding sources.
EMGA Managing Director and Head of Investment Banking, Sajeev Chakkalakal said the financing would support the development of Uzbekistan’s micro, small and medium-sized enterprises (MSME) and green sectors.
Meanwhile, AAB Chief Executive Officer (CEO), Umidjon Abduazimov said the facility reflects growing confidence among international development finance institutions in Uzbekistan’s banking sector and economic potential.
On the other hand, OeEB CEO and Executive Board member, Sabine Gaber said the partnership aligns with the institution’s priorities of improving access to finance, supporting women-owned businesses and promoting green investments.
AAB is a private commercial bank in Uzbekistan focused on corporate, SME and retail banking services, while OeEB is Austria’s development bank that supports sustainable economic projects in emerging markets.
EMGA is an emerging markets-focused investment banking advisory firm with offices in New York and London. The firm advises financial institutions, corporates and project sponsors on debt and equity capital raising, with a focus on developing economies, including Uzbekistan.
-- BERNAMA
Friday, May 22, 2026
AMEC launches GEO Principles to bring rigour to AI-led communications measurement
DUBLIN, 20 May 2026/Medianet/--
New global principles and practitioner guide set out a responsible way to measure how organisations are found, interpreted and represented in AI-generated answers
AMEC, the International Association for the Measurement and Evaluation of Communication, has launched the AMEC GEO Principles and a companion resource, A Practitioner’s Guide to GEO Measurement , to help communications professionals measure the growing influence of AI-led discovery, generative search and large language models.
The resources respond to a fast-changing information environment in which AI-generated summaries, conversational search and zero-click discovery are increasingly shaping how organisations, brands and issues are found, understood and trusted online.
GEO, or Generative Engine Optimisation, is increasingly used to describe how organisations appear in AI-generated answers and discovery environments. AMEC’s principles are designed to help practitioners assess this responsibly, without reducing measurement to simplistic rankings, vanity metrics or opaque scores from individual tools.
The principles were developed over more than six months through AMEC Agency Group collaboration, AMEC board review, academic scrutiny, vendor and practitioner feedback, and iterative testing. The work was led by primary contributors James Crawford of PR Agency One , Mary Elizabeth Germaine of Ketchum , Ben Levine of FleishmanHillard TRUE Global Intelligence , Matt Oakley of Hotwire Global , Amber Daugherty of Big Valley Marketing and Rob Key of Converseon , with input from AMEC’s Academic Advisory Group and wider AMEC members.
The resources were launched at the AMEC Global Summit in Dublin on 20 May, during a panel chaired by Rayna Grudova-de Lange, Founder and CEO of InsightHQ .
The AMEC GEO Principles set out a practical framework for measuring AI-led discovery across three connected areas: upstream reputation signals, including earned coverage, third-party commentary, reviews, expert content and owned assets; search and content readiness, including whether an organisation’s digital presence is credible, accessible and structured for interpretation by search engines and AI systems; and downstream AI outputs, including how an organisation appears in AI-generated answers, citations, framing, omissions and potential reputational risk.
The principles also introduce baseline evidence requirements, including repeatable prompts, documented methods, transparent assumptions and clear limitations. They reinforce that AI outputs should be treated as directional evidence rather than absolute truth, and caution against relying on any single score, platform or tool.
James Crawford, managing director of PR Agency One and AMEC Board Director, said:
“Anyone working in PR or communication will know how quickly clients and boards have started asking how GEO and LLM outputs should be measured. There is excellent innovation taking place, but there are also uneven standards, overclaiming, vanity metrics and methodologies that are not always transparent enough.
“AMEC has a responsibility to bring discipline to that conversation. These principles give the industry a more rigorous way of looking at AI-led discovery: one that recognises its importance, but also its limits. The most useful measurement will come from triangulating evidence: the reputation signals that feed the information environment, whether organisations are technically and editorially discoverable, and what AI systems then present to users.”
Johna Burke, CEO and Global Managing Director of AMEC, said:
“As AI increasingly shapes what people see, trust and act upon, the communication industry must hold itself to higher levels of transparency, evidence and accountability.
“The AMEC GEO Principles were built through global collaboration across agencies, practitioners, academics, technology leaders and AMEC’s international community because no single organisation, platform or perspective can fully define or measure AI-driven discovery alone.
“This initiative reflects the collective expertise, scrutiny and commitment of professionals across regions who understand that rigorous, transparent and ethical evaluation is essential to maintaining trust in the AI era.”
ENDS
For more information contact James Crawford on +44 7793 441686 or james.crawford@pragencyone.co.uk
About AMEC
AMEC is the International Association for the Measurement and Evaluation of Communication. Established in 1996, it is the global professional body for media evaluation and communications measurement, with members across agencies, in-house teams, research providers, technology companies and media intelligence businesses in more than 80 countries. AMEC is known for developing global standards and resources including the Barcelona Principles, the Integrated Evaluation Framework and the Data Quality Initiative.
About the AMEC Academic Advisory Group
AMEC’s Academic Advisory Group provides academic input and expert guidance to support AMEC’s work in advancing standards in communications measurement and evaluation. The group includes internationally recognised scholars and practitioners from universities and research organisations across Australia, the UK, Germany, the US, Italy, Switzerland and Norway, with expertise spanning public communication, corporate communication, public relations research, evaluation, reputation, social media, internal communication and communication management.
Members include Distinguished Professor Jim Macnamara, University of Technology Sydney; Professor Anne Gregory, University of Huddersfield; Professor Ansgar Zerfass, University of Leipzig; Professor Don Stacks, University of Miami; Dr Tina McCorkindale, Institute for Public Relations; Associate Professor Stefania.
SOURCE: AMEC
--BERNAMA
AMEC, the International Association for the Measurement and Evaluation of Communication, has launched the AMEC GEO Principles and a companion resource, A Practitioner’s Guide to GEO Measurement , to help communications professionals measure the growing influence of AI-led discovery, generative search and large language models.
The resources respond to a fast-changing information environment in which AI-generated summaries, conversational search and zero-click discovery are increasingly shaping how organisations, brands and issues are found, understood and trusted online.
GEO, or Generative Engine Optimisation, is increasingly used to describe how organisations appear in AI-generated answers and discovery environments. AMEC’s principles are designed to help practitioners assess this responsibly, without reducing measurement to simplistic rankings, vanity metrics or opaque scores from individual tools.
The principles were developed over more than six months through AMEC Agency Group collaboration, AMEC board review, academic scrutiny, vendor and practitioner feedback, and iterative testing. The work was led by primary contributors James Crawford of PR Agency One , Mary Elizabeth Germaine of Ketchum , Ben Levine of FleishmanHillard TRUE Global Intelligence , Matt Oakley of Hotwire Global , Amber Daugherty of Big Valley Marketing and Rob Key of Converseon , with input from AMEC’s Academic Advisory Group and wider AMEC members.
The resources were launched at the AMEC Global Summit in Dublin on 20 May, during a panel chaired by Rayna Grudova-de Lange, Founder and CEO of InsightHQ .
The AMEC GEO Principles set out a practical framework for measuring AI-led discovery across three connected areas: upstream reputation signals, including earned coverage, third-party commentary, reviews, expert content and owned assets; search and content readiness, including whether an organisation’s digital presence is credible, accessible and structured for interpretation by search engines and AI systems; and downstream AI outputs, including how an organisation appears in AI-generated answers, citations, framing, omissions and potential reputational risk.
The principles also introduce baseline evidence requirements, including repeatable prompts, documented methods, transparent assumptions and clear limitations. They reinforce that AI outputs should be treated as directional evidence rather than absolute truth, and caution against relying on any single score, platform or tool.
James Crawford, managing director of PR Agency One and AMEC Board Director, said:
“Anyone working in PR or communication will know how quickly clients and boards have started asking how GEO and LLM outputs should be measured. There is excellent innovation taking place, but there are also uneven standards, overclaiming, vanity metrics and methodologies that are not always transparent enough.
“AMEC has a responsibility to bring discipline to that conversation. These principles give the industry a more rigorous way of looking at AI-led discovery: one that recognises its importance, but also its limits. The most useful measurement will come from triangulating evidence: the reputation signals that feed the information environment, whether organisations are technically and editorially discoverable, and what AI systems then present to users.”
Johna Burke, CEO and Global Managing Director of AMEC, said:
“As AI increasingly shapes what people see, trust and act upon, the communication industry must hold itself to higher levels of transparency, evidence and accountability.
“The AMEC GEO Principles were built through global collaboration across agencies, practitioners, academics, technology leaders and AMEC’s international community because no single organisation, platform or perspective can fully define or measure AI-driven discovery alone.
“This initiative reflects the collective expertise, scrutiny and commitment of professionals across regions who understand that rigorous, transparent and ethical evaluation is essential to maintaining trust in the AI era.”
ENDS
For more information contact James Crawford on +44 7793 441686 or james.crawford@pragencyone.co.uk
About AMEC
AMEC is the International Association for the Measurement and Evaluation of Communication. Established in 1996, it is the global professional body for media evaluation and communications measurement, with members across agencies, in-house teams, research providers, technology companies and media intelligence businesses in more than 80 countries. AMEC is known for developing global standards and resources including the Barcelona Principles, the Integrated Evaluation Framework and the Data Quality Initiative.
About the AMEC Academic Advisory Group
AMEC’s Academic Advisory Group provides academic input and expert guidance to support AMEC’s work in advancing standards in communications measurement and evaluation. The group includes internationally recognised scholars and practitioners from universities and research organisations across Australia, the UK, Germany, the US, Italy, Switzerland and Norway, with expertise spanning public communication, corporate communication, public relations research, evaluation, reputation, social media, internal communication and communication management.
Members include Distinguished Professor Jim Macnamara, University of Technology Sydney; Professor Anne Gregory, University of Huddersfield; Professor Ansgar Zerfass, University of Leipzig; Professor Don Stacks, University of Miami; Dr Tina McCorkindale, Institute for Public Relations; Associate Professor Stefania.
SOURCE: AMEC
--BERNAMA
Telefónica Germany Migrates 4G/5G Voice Services of First 100K Customers to Mavenir Cloud-Native IMS Technology
Milestone Move to IMS on AWS Achieved as Operator Transitions
Fixed and Mobile Subscriber Base to Mavenir’s Web-Scale IMS Solution
RICHARDSON, Texas, May 19 (Bernama-GLOBE NEWSWIRE) -- Mavenir, the software company building Cloud-Native, AI-by-design mobile networks, today announces that Telefónica Germany has successfully migrated the first 100K mobile customers to 4G/5G voice services on Mavenir’s cloud-native IMS solution built on the Amazon Web Services (AWS) Cloud. Telefónica Germany is now the first mobile operator in Europe to deploy such a capability with production subscribers in a public cloud. The migration milestone was achieved in Q1 2026 as part of a multi-year transformation project spanning both fixed and mobile IMS networks.
Under a multi‑year contract extension announced with Telefónica Germany in February 2025, Mavenir began extensive lab validation ahead of moving the operator’s 4G/5G voice services in Germany from Mavenir’s virtualized IMS (vIMS) to Mavenir’s cloud‑native IMS platform. Both companies are developing a comprehensive automation framework, which is expected to streamline operations and accelerate the delivery of new features and updates. During 2026, Mavenir expects to migrate the first few million mobile customers to the new solution running on AWS Cloud. The full migration is scheduled for next year, with all sites set to be deployed using automation.
Matthias Sauder, leading Technology & Unified Connectivity at Telefónica Germany, commented: “This milestone marks a pivotal stage in transitioning our core network and telecom workloads to public cloud infrastructure. Telefónica Germany’s cloud strategy is built on our firm belief in agility, transparency and advanced automation, and this migration of our mobile voice services to Mavenir’s cloud-native IMS solution reflects our progressive vision for evolving beyond traditional network models. Mavenir has been a trusted and proven partner in delivering best quality, future ready services. We are looking forward to driving the next phase of our network evolution jointly – unlocking new levels of efficiency and innovation and creating new value for our customers and across our operations.”
Brandon Larson, SVP & General Manager, Cloud, AI & IMS Business Strategy at Mavenir, added: “We share this achievement with Telefónica Germany as it uplifts the first 100,000 customers to 4G/5G voice services on our IMS solution running seamlessly on AWS. Forward‑thinking operators are embracing cloud technologies to prepare for an AI‑native, fully automated future, and this transition demonstrates Telefónica Germany’s clear leadership in that journey. Mavenir’s cloud‑native IMS provides the foundation to modernize and future‑proof mobile voice services, enabling new levels of agility while unlocking AI‑driven innovation and fresh monetization opportunities for the years ahead. Today’s milestone is an important step in realizing Telefónica Germany’s strategic shift to cloud-native technologies, and a validation of its ongoing trust in Mavenir as a partner for the next era of network cloudification and automation.”
Mavenir’s cloud-native, web-scale IMS solution delivers the foundational technology for next-generation mobile networks, supporting voice over LTE (VoLTE), voice over New Radio (VoNR) and voice over Wi-Fi (VoWi-Fi) and Voice over NTN on a unified IMS core and ensuring seamless voice continuity across 4G, 5G and beyond. Designed to run on any public, private or hybrid cloud, Mavenir IMS services are deployed as stateless, containerized microservices that are purpose-built for fully automated cloud environments – empowering operators to accelerate innovation and introduce new services at scale and at pace.
About Mavenir
Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company’s deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world’s subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators’ evolution to TechCos. For more information, please visit www.mavenir.com
Media Contacts
Mavenir PR Contacts:
Emmanuela Spiteri
PR@mavenir.com
SOURCE: Mavenir Systems, Inc.
--BERNAMA
Thursday, May 21, 2026
Kays + Kins Announces Grand Opening of First Flagship Store in Malaysia
 |
| (L-R) Mr Adrian Cheah, General Manager of Marketing, Pavilion Bukit Jalil, Mr. Lee Jia Wei, Founder of GAIAS Home, Mr. Tan Kien Yow and Ms. Karine Low, Founders of Kays + Kins, Ms. Katie Tan, Kays + Kins’ advisor, Ms. Irene Ong, Head of Retail of Kays + Kins |
KUALA LUMPUR, May 21 (Bernama) -- Kays + Kins, the comfort-driven, design-led lifestyle brand for modern families, has officially announced the opening of its first physical flagship store in Malaysia. Located at Pavilion Bukit Jalil, the new boutique marks an exciting milestone for the homegrown brand, previously only available online, offering customers a warm and personal space to experience its thoughtfully designed baby essentials firsthand.
Known for its elevated essentials made for practical baby wear, Kays + Kins has built a loyal following through its signature approach to comfort, quality and timeless design. Designed with South East Asia’s warm and humid climate in mind, the brand’s collections feature relaxed, non-body-hugging silhouettes and soft, breathable fabrics that support ease of movement and all-day comfort for babies and toddlers.
The opening of its first physical store brings the Kays + Kins experience to life beyond the digital space, giving customers the opportunity to feel the softness of its fabrics in person, discover the details behind its hand-painted prints, and shop in an environment that reflects the brand’s calm and intentional aesthetic.
“As we grew our brand in Malaysia, our community has always asked for a space where they can experience our fabrics in person and discover for themselves the details that make each piece special, such as the softness of our bamboo muslins and the hand-painted details of our prints,” says Karine Low, Founder of Kays + Kins.
“So with the opening of this physical store, we wanted to go beyond retail to create more personal experiences of the brand. We wanted a space where parents and gift-givers can take their time, feel the quality of our pieces, and find something that is both practical and beautiful for everyday family life,” she added.
At the heart of Kays + Kins is a comfort-first design philosophy. Each piece is created to feel gentle, breathable and easy to wear, especially in tropical weather. The brand’s fabric choices are selected not just for softness on first touch, but for how they continue to feel over time, remaining soft and comfortable even after repeated washes, making them especially suited for daily use.
This focus on thoughtful design also extends to the brand’s visual identity. Kays + Kins is known for its limited, hand-painted prints that are intentionally designed to feel timeless and distinctive, rather than mass-produced. Together with its understated colour palette and refined product styling, the brand offers a lifestyle sensibility that resonates with modern parents looking for baby essentials that are as beautiful as they are functional.
Beyond everyday wear, gifting plays a key part of the Kays + Kins brand experience. The flagship store is designed to support meaningful and even last-minute gifting moments, with a curated range of newborn gift sets, Bamboo Muslin Swaddles, signature two-way zipper Growsuits and Sleepsuits, customisable wooden keepsake boxes with personalised engraving services, and the exclusive Heritage Collection available only in-store. The ideal go-to place for baby showers, full-moon celebrations or simply welcoming a newborn, the store offers customers a thoughtful and convenient destination for gifts that feel personal and memorable.
The boutique itself features a minimalist, earthy-luxe interior inspired by nature, creating a calm and inviting environment for families and gift-givers alike.
While comfort, design and experience remain central to the brand, Kays + Kins also maintains a strong commitment to quality and responsible production. Its collections include GOTS-certified organic cotton and OEKO-TEX certified garments, providing parents with added assurance that every piece meets recognised standards for safety and care.
To celebrate its opening, Kays + Kins is offering 20% off the purchase of three items as part of its Grand Opening promotion. Running till 30 April 2026, the promotion is applicable to all products except Bundle Deals.
For further information about Kays + Kins and its product offerings, please visit kaysandkins.com.
About Kays + Kins
At Kays + Kins, comfort always comes first. We design everyday babywear to feel as good as it looks — gentle on delicate skin, breathable, and made to support real parenting moments.
Functionality is thoughtfully built into every detail, from easy-to-wear silhouettes to durable fabrics that move with your baby. Beyond clothing, we extend this same care to gifting — creating beautiful newborn gifts that are meaningful, practical, and made for everyday comfort.
Each season features unique, limited-edition prints, hand-illustrated and released in small quantities, making every piece quietly special and distinctive.
Made with GOTS-certified organic fabrics, Kays + Kins pieces prioritise softness, safety, and sustainability — offering babies comfort, beauty, and care from the very beginning.
Issued on behalf of Kays + Kins by GO Communications Sdn Bhd.
SOURCE: Kays + Kins Malaysia
FOR MORE INFORMATION, PLEASE CONTACT:
Tel: +603-2711 9566
Email: hello@kaysandkins.com
GO Communications Sdn Bhd
Name: Amanda Yee
Senior Brand Executive
Tel: +6016 319 2629
Email: amandayee@gocomm.com.my
Name: Choulyin Tan
Chief Operating Officer
Tel: +6016 856 7286
Eamil: choulyin@gocomm.com.my
--BERNAMA
PCG Demonstrates Resilience in 1Q2026 with Strong Plant Utilisation and Improved Earnings
- Plant Utilisation of 97%
- Revenue of RM7.0 billion
- EBITDA of RM1.2 billion
KUALA LUMPUR, May 21 (Bernama) -- PETRONAS Chemicals Group Berhad (PCG or the Group) today announced its financial results for the first quarter of financial year 2026 (1Q 2026), delivering strong plant utilisation rate of 97% and improved earnings against a backdrop of heightened market volatility. The quarter saw escalation of the West Asia conflict which tightened supply, pushing energy and product prices higher.
Key highlights 1Q 2026 vs 4Q 2025
1Q 2026 4Q 2025
Plant Utilisation (%) 97 96
Revenue (RM million) 7,015 6,600
EBITDA (RM million) 1,175 115
EBITDA margin (%) 16.7 1.7
PAT/(LAT) (RM million) 427 (730)
PATANCI (RM million) 401 (754)
PATANCI: Profit After Tax and Non-Controlling Interest
Revenue rose 6% quarter‑on‑quarter to RM7.0 billion, supported by higher average prices for commodity products as well as improved sales performance in the Specialty Chemicals portfolio.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased to RM1.2 billion, driven by stronger average product spreads and lower operating costs. EBITDA was further supported by higher contribution from the Specialty Chemicals portfolio, reflecting improved sales volumes and the sale of emission rights by Perstorp.
Profit After Tax (PAT) increased to RM427 million, compared with a Loss After Tax (LAT) of RM730 million in 4Q 2025, mainly due to improved operating performance, lower unrealised foreign exchange losses and gain on disposal of investments.
Portfolio Performance
Commodities
During the quarter, the Fertilisers & Methanol (F&M) segment delivered strong operational performance at plant utilisation rate of 103%. Average product prices rose by approximately 18% for urea and 13% for methanol, supported by tight global supply and strong seasonal demand. Segment revenue increased to RM2.6 billion, while EBITDA rose 49% to RM1.1 billion, driven by improved product spreads.
The Group’s Olefins & Derivatives (O&D) segment recorded a plant utilisation rate of 87%, mainly due to planned maintenance activities at the MTBE plant. Segment revenue increased 5% quarter‑on‑quarter to RM2.9 billion, supported by higher average product prices and improved sales volumes. Loss Before Interest, Tax, Depreciation and Amortisation (LBITDA) significantly improved to RM91 million from RM600 million in 4Q 2025, driven mainly by higher average product spreads and lower plant operating costs.
Specialty Chemicals
The portfolio recorded higher sales volume, particularly in Intermediates, supported by a rebound in demand following customer restocking activities. Quarter‑on‑quarter revenue increased 17% to RM1.4 billion, driven mainly by improved sales volumes. EBITDA improved to RM198 million, reflecting higher revenue, contributions from the sale of emission rights and value realised from ongoing cost optimisation initiatives.
Mazuin Ismail, PCG Managing Director/Chief Executive Officer said:
“The West Asia conflict reshaped our operating landscape with remarkable speed, creating a more volatile and complex environment. It also underscored the vulnerability of the industry supply chains, given the region’s strategic importance in global feedstock and chemicals supply.
“Our integrated model secures a reliable, domestically sourced feedstock for our gas-based operations in Malaysia through an extensive pipeline network, helping to mitigate the impact of disruptions in global supply.
“The improvement in EBITDA reflects the underlying strength and resilience of our business model, together with our sustained emphasis on operational and commercial excellence, supported by disciplined cost management.
“We continue to undertake portfolio review and rationalisation exercise that ensures our investments, value chain and product offerings are robust and in line with evolving market requirements. During the quarter the Group has divested investments in a subsidiary and an associate resulting in total gain on disposals of RM63 million.
“Our commitment to safe and reliable operations remains unwavering, particularly as we undertake scheduled turnaround activities at several O&D plants in Kertih and the fertiliser plant in Bintulu in the second quarter."
Outlook
The operating environment is expected to remain volatile, shaped by ongoing geopolitical developments, supply chain disruptions and softer downstream demand.
In the O&D segment, prices are expected to moderate on affordability constraints affecting demand from downstream manufacturers. Fertilisers will continue to be supported by global food security priorities and export restrictions in key producing regions, while methanol supply is set to tighten on scheduled regional plant turnarounds. In the Specialties segment, the Group remains cautious given the subdued construction and automotive end markets, while demand for consumer goods is showing modest growth.
Against this backdrop, PCG remains focused on operational and commercial excellence as well as strict financial discipline to sustain resilience and competitiveness through the cycle.
About PETRONAS Chemicals Group Berhad
PETRONAS Chemicals Group Berhad (PCG) is Malaysia's leading integrated chemicals producer and one of the largest in Southeast Asia by capacity. The Group operates a network of world-class production sites across Malaysia, Asia-Pacific, Europe and North America with a total combined production capacity 16.8 million metric tons per annum (mtpa).
PCG is involved primarily in manufacturing, marketing and selling a diversified range of chemical products, including olefins, polymers, fertilisers, methanol, other basic chemicals, derivative products and specialty chemicals.
Listed on Bursa Malaysia and backed by more than four decades of experience in the chemicals industry, PCG is established as part of the PETRONAS Group to maximise value from Malaysia’s natural gas resources.
PCG is committed to ensuring that its business practices are in line with globally recognised Economic, Environment, Social & Governance (EESG) standards, as reflected in its long-standing inclusion in the FTSE4Good Bursa Malaysia Index.
Further details on PCG can be found at www.petronas.com/pcg
For photos, please click here:
https://drive.google.com/drive/folders/1XqJ0o_ddplDTsbwKhTRugehub56RQe-t?usp=sharing
SOURCE: PETRONAS Chemicals Group Bhd (PCG)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Gary Khoo Tse-Yau
Corporate Communications Department
PETRONAS CHEMICALS GROUP BERHAD (PCG)
Tel : (6) 012 932 9280
Email : khoo.tseyau@petronas.com
--BERNAMA
AUDIENCERATE APPOINTS RICCARDO FABBRI AS CTO
 |
| Riccardo Fabbri, Chief Technology Officer of Audiencerate Ltd. Co-founder and former managing partner of Nohup, recognized by the Financial Times among Europe's leading firms in the sector (2021 and 2022) and acquired by the Havas Group in August 2021. Leads the AI-driven phase of Audiencerate's independent Customer Match infrastructure. |
KUALA LUMPUR, May 21 (Bernama) -- Audiencerate Ltd, a data activation specialist, has appointed Riccardo Fabbri as Chief Technology Officer (CTO) to lead the company’s artificial intelligence (AI)-driven expansion initiatives.
The appointment marks a dual expansion phase for the Audiencerate–Postel–Microsoft platform serving Italian small and medium-sized enterprises (SMEs), as well as the data platform integrated with Google DV360 for agencies and data providers.
Audiencerate President, Gianluca Leotta said Fabbri brings extensive experience in digital transformation, cloud-native development and media technology.
According to the company in a statement, Fabbri will oversee the development of AI infrastructure integrating first-party and third-party data for its platform developed with Postel and Microsoft for Italian SMEs, alongside Google DV360-integrated solutions for global media agencies.
Co-founder of digital consultancy Nohup in 2004, Fabbri has more than two decades of experience in software development and cloud architectures. He later led the company through its acquisition by Havas Group in 2021.
Under Fabbri’s leadership, Audiencerate plans to accelerate AI and machine learning capabilities for predictive modelling and automated budget and bid management.
The company said its agency-focused platform will also expand the use of advertisers’ first-party data combined with third-party signals to support privacy-compliant audience modelling.
-- BERNAMA
MARQUEE BRANDS TO ACQUIRE MAJORITY STAKE IN ROBERTO CAVALLI
 |
| Roberto Cavalli Spring/Summer 2026 |
KUALA LUMPUR, May 21 (Bernama) -- Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.
The transaction is expected to close in the second quarter of 2026, after which DAMAC Group will remain a significant shareholder, according to Marquee Brands in a statement.
The acquisition further strengthens Marquee Brands’ position in the luxury and lifestyle sectors, bringing total portfolio-wide retail sales to approximately US$5 billion. (US$1=RM3.96)
“Roberto Cavalli stands as one of luxury’s defining Italian houses, with a bold creative identity and enduring brand ethos. In partnership with DAMAC, a leader in luxury real estate, we will continue to elevate the Roberto Cavalli experience worldwide,” said Marquee Brands Chief Executive Officer, Heath Golden.
Owned by funds managed by global investment firm Neuberger, Marquee Brands continues to expand its platform through the acquisition of heritage brands, with Roberto Cavalli becoming the 22nd brand in its portfolio.
The partnership is expected to expand Roberto Cavalli’s global reach across Europe, the United Kingdom, the United States, the Middle East, Asia Pacific and Latin America through new categories, services and experiential offerings.
DAMAC will continue to expand Roberto Cavalli-branded residences and hospitality projects across key global markets, reinforcing the luxury brand’s international presence.
As part of the transaction, Marquee Brands appointed Milan-based The Level Group as its core operating partner to oversee the development, manufacturing and distribution of the label’s women’s and men’s collections, as well as retail, e-commerce and wholesale operations.
-- BERNAMA
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