Economy of Malaysia

Ascension Healthcare plc Announces Distribution Agreement with Apex

Retrieved on: 
Tuesday, December 3, 2019
Companies, Economy of Malaysia

LONDON, December 3, 2019 Ascension Healthcare plc (Ascension or the Company), a clinical-stage biopharmaceutical company focused on developing and commercialising innovative therapies for haemophilia and osteoarthritis, today announces it has signed an important distribution agreement with Apex Pharma Marketing Pte Ltd, Singapore and Apex Pharmacy Marketing Sdn Bhd, Malaysia (collectively referred to as Apex) to supply Flexiseq to the Singapore and Malaysian markets.

Key Points: 
  • LONDON, December 3, 2019 Ascension Healthcare plc (Ascension or the Company), a clinical-stage biopharmaceutical company focused on developing and commercialising innovative therapies for haemophilia and osteoarthritis, today announces it has signed an important distribution agreement with Apex Pharma Marketing Pte Ltd, Singapore and Apex Pharmacy Marketing Sdn Bhd, Malaysia (collectively referred to as Apex) to supply Flexiseq to the Singapore and Malaysian markets.
  • Apex are wholly owned subsidiaries of Apex Healthcare Berhad, which is publicly listed on the Malaysian stock exchange.
  • Under the terms of the agreement, Apex will purchase Flexiseq products from Ascension and be the exclusive importers and distributors over a two-year period, to service the pharmacy market, including A.S. Watsons, Guardian and Caring Pharmacy chains in the region.
  • Biresh Roy, Chief Executive Officer of Ascension, said: There is a growing need for safe alternatives to treat osteoarthritis.

Sharing Economy International Enters into License Agreement with Ecrent Capital Holdings Limited for European Market Expansion

Retrieved on: 
Wednesday, November 27, 2019
Parkson, Economy of Malaysia, Companies

"This agreement is an extension of our licensing with ECRENT in Asia," said Parkson Yip, Vice President of SEII.

Key Points: 
  • "This agreement is an extension of our licensing with ECRENT in Asia," said Parkson Yip, Vice President of SEII.
  • With our previous licensing agreement with ECRENT covering the Asian region, we have begun local business development activities and early indications are promising.
  • Therefore, we have decided to move forward with this agreement again, cooperating with ECRENT at a greater effort to cover the European market as well.
  • The new agreement provides SEII with another potential income opportunity in the coming year, as well as an expansion of our market reach into Europe.

Chinese Investors Drive US$2 BLN in Construction and 37,800 Local Jobs in Malaysia: Juwai.com & IQI Global

Retrieved on: 
Tuesday, November 26, 2019
Countries, International organizations, World, Economy of Malaysia, Malaysia

According to data in the report:

Key Points: 
  • According to data in the report:
    Mainland Chinese buyers accounted for RM8.4 billion (US$2 billion) of total Malaysia residential property sales.
  • Approximately RM4.3 billion (US$1 billion) of new residential building construction in Malaysia is targeted at foreign and Chinese investors.
  • The total positive impact of mainland Chinese residential property buyers on the Malaysian economy and employment is probably several multiples greater.
  • IQI Global Group CEO Kashif Ansari said:
    "There is a real debate in Malaysia about whether foreign investment is good or bad for the country.

Lucence Raises USD $20M Series A Led by IHH Healthcare to Advance Liquid Biopsy for Early Detection of Multiple Cancers

Retrieved on: 
Tuesday, November 19, 2019
Biotechnology, Pharmaceutical, Managed care, Oncology, Health, Medical devices, Genetics, Other Health, IHH Healthcare, Khazanah Nasional, IHH, Companies, Economy of Malaysia, Malaysia, Lucence, IHH Healthcare

The round was led by IHH Healthcare, one of the worlds largest integrated private healthcare groups.

Key Points: 
  • The round was led by IHH Healthcare, one of the worlds largest integrated private healthcare groups.
  • This funding will enable the company to provide its liquid biopsy technology to more patients across Asia and North America for personalized treatment selection.
  • Lucence will also embark on new prospective clinical studies to evaluate its technology for the early detection of multiple cancers.
  • IHH Healthcare Berhad is a leading premium integrated healthcare provider in markets where the demand for quality care is strong and growing.

Malaysia Mobile Infrastructure, Broadband, Operators Statistics and Analyses Report 2019 - ResearchAndMarkets.com

Retrieved on: 
Friday, November 15, 2019
Technology, Mobile, Wireless, Networks, Telecommunications, Telecommunications, Axiata, Companies, Economy of Malaysia, Celcom, National broadband plan

The "Malaysia - Mobile Infrastructure, Broadband, Operators - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia - Mobile Infrastructure, Broadband, Operators - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.
  • The country has a national objective to see Malaysia ranked as a developed country by the year 2020.
  • Flat to very slow growth is predicted over the next five years to 2024 in the mobile subscriber market.
  • Malaysia has seen a rapid increase in mobile broadband penetration over the past seven years driven by strong growth of 4G mobile subscribers and high data caps.

New CCI France Malaysia Chairman Strengthens Business Ties between Malaysia and France

Retrieved on: 
Monday, October 14, 2019
Naza, Damansara, Companies, Economy of Malaysia

KUALA LUMPUR, Malaysia, Oct. 14, 2019 /PRNewswire/ -- CCI France Malaysia (CCIFM) appoints its new chairman, Datuk Zainal Amanshah replacing its outgoing Chairman SM Nasarudin SM Nasimuddin.

Key Points: 
  • KUALA LUMPUR, Malaysia, Oct. 14, 2019 /PRNewswire/ -- CCI France Malaysia (CCIFM) appoints its new chairman, Datuk Zainal Amanshah replacing its outgoing Chairman SM Nasarudin SM Nasimuddin.
  • SM Nasarudin was the Joint Group Executive Chairman of Naza Group of companies and has contributed 10 dynamic years of chairmanship from 2009-2019.
  • CCIFM new chairman Datuk Zainal Amanshah was officially introduced to the French business community during the annual Back to Work Cocktail organized by the Chamber, on the 9th October at Sofitel Damansara.
  • Frdric Laplanche, French Ambassador to Malaysia, showcasing the strength and network of the French Business Community in Malaysia.

Avenir LNG signs first 7,500 cbm LNG carrier with PETRONAS to advance LNG bunkering in Malaysia

Retrieved on: 
Tuesday, October 1, 2019
Fuels, Companies, Petronas, Liquefied natural gas, Petroleum production, Economy of Malaysia, MISC Berhad, Bunkering

London, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Avenir LNG Limited (Avenir) in collaboration with MISC Berhad (MISC) wishes to announce that PETRONAS, through its subsidiary, PETRONAS LNG Sdn.

Key Points: 
  • London, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Avenir LNG Limited (Avenir) in collaboration with MISC Berhad (MISC) wishes to announce that PETRONAS, through its subsidiary, PETRONAS LNG Sdn.
  • (PLSB) has awarded a time charter party (TCP) for the provision of its first 7,500 cbm liquefied natural gas (LNG) carrier.
  • The vessel will provide bunkering to LNG fuelled vessels across Malaysia in addition to transport services for small-scale terminals in the region.
  • In view of their complementary global portfolios, Avenir and PLSB will offer multi-modal LNG bunkering solutions and provide further support for LNG fuelled vessels.

Unisys to Help Malaysia Airlines Expand Air Cargo Online Booking Options

Retrieved on: 
Tuesday, September 24, 2019
Companies, Airlines, Economy of Malaysia, Kuala Lumpur International Airport, Khazanah Nasional, Association of Asia Pacific Airlines, MASkargo, Malaysia Airlines, Unisys, Digi Telecommunications

KUALA LUMPUR, Malaysiaand BLUE BELL, Pa., Sept. 24, 2019 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced it will help MAB Kargo Sdn Bhd ( MASkargo ), the cargo division of Malaysia Airlines, expand its range of cargo booking options with a new online booking service allowing all types of customers to conveniently access the airline's cargo services, anytime and anywhere, via the airline's website.

Key Points: 
  • KUALA LUMPUR, Malaysiaand BLUE BELL, Pa., Sept. 24, 2019 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced it will help MAB Kargo Sdn Bhd ( MASkargo ), the cargo division of Malaysia Airlines, expand its range of cargo booking options with a new online booking service allowing all types of customers to conveniently access the airline's cargo services, anytime and anywhere, via the airline's website.
  • Encouraging more customers to use online booking services is a key step in the airline's digital transformation.
  • Under the engagement signed in July 2019, Unisys will provide Digi-Connect systems integration services to link the airline's website to the core Unisys Digistics air cargo digital logistics management solution.
  • MASkargo is the largest cargo ground handling agent in Malaysia and handles more than 30 customer airlines at its Advanced Cargo Centre.

Proton Therapy Partners Names Kurt Morath Vice President of Operations

Retrieved on: 
Monday, September 16, 2019
Medical physics, Radiation therapy, Proton, Proton therapy, Perelman Center for Advanced Medicine, PROTON Holdings, Morath, Companies, Academic disciplines, Economy of Malaysia

PHILADELPHIA, Sept. 16, 2019 /PRNewswire/ --Proton Therapy Partners (PTP) has named Kurt Morath its Vice President of Operations.

Key Points: 
  • PHILADELPHIA, Sept. 16, 2019 /PRNewswire/ --Proton Therapy Partners (PTP) has named Kurt Morath its Vice President of Operations.
  • In this role, Morathwilllead the planning, building and operation of PTP's proton therapy centers nationwide.
  • He was also integral in the building of the Roberts Proton Therapy Centerwhich opened in 2009overseeing vendor relations for both proton and photon therapy as well as all contract negotiations.
  • "I am very excited to be joining the Proton Therapy Partners team," says Morath.

Creditor General Wireless Seizes KV Kortrijk Football Club

Retrieved on: 
Wednesday, August 28, 2019
Commanders of the Order of Loyalty to the Crown of Malaysia, Berjaya Group, Vincent Tan, RadioShack, FK Sarajevo, Economy of Malaysia, Companies, Industries, Berjaya Corporation

Kortrijk, the Belgian football club, ultimately owned by Vincent Tan.

Key Points: 
  • Kortrijk, the Belgian football club, ultimately owned by Vincent Tan.
  • Mr. Tan is a Malaysian businessman who owns a number of Football clubs throughout the world, includingCardiff City, the Los Angeles Football Club and FK Sarajevo.
  • Mr. Tan also owns Berjaya Retail S. Berhad, which failed to comply with an International Arbitration Award in favor of General Wireless Operations Inc.
  • About General Wireless Operations Inc.
    General Wireless Operations Inc. dba RadioShack is an iconic consumer electronics company and a leading national retailer of innovative technology and power products.