Dato

MoU signed between MY E.G. Services Berhad (MYEG) and Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT)

Wednesday, October 13, 2021 - 1:48pm

KUALA LUMPUR, Malaysia, Oct. 13, 2021 /PRNewswire/ -- MY E.G. Services Berhad (MYEG) today signed a Memorandum of Understanding (MoU) with Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT) of China for the international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix. 

Key Points: 
  • Services Berhad (MYEG) today signed a Memorandum of Understanding (MoU) with Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT) of China for the international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix.
  • MYEG will work together with CAICT to establish Xinghuo BIF's international extension platform, Zetrix and construct backbone and supernodes around the world.
  • On the other hand, CAICT Deputy Director, Ms. Wang Zhiqin has reiterated that China is attaching great importance to blockchain technology and industrial development.
  • Beyond Malaysia, MYEG has operations in other key regional markets such as the Philippines and Indonesia.

MoU signed between MY E.G. Services Berhad (MYEG) and Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT)

Wednesday, October 13, 2021 - 1:37pm

Services Berhad (MYEG) today signed a Memorandum of Understanding (MoU) with Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT) of China for the international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix.

Key Points: 
  • Services Berhad (MYEG) today signed a Memorandum of Understanding (MoU) with Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT) of China for the international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix.
  • MYEG will work together with CAICT to establish Xinghuo BIF's international extension platform, Zetrix and construct backbone and supernodes around the world.
  • On the other hand, CAICT Deputy Director, Ms. Wang Zhiqin has reiterated that China is attaching great importance to blockchain technology and industrial development.
  • Beyond Malaysia, MYEG has operations in other key regional markets such as the Philippines and Indonesia.

Ni Hsin Signs HOA with MNA Energy to Develop Battery Technology for EV Two Wheelers

Tuesday, October 12, 2021 - 10:00am

KUALA LUMPUR, Oct 12, 2021 - (ACN Newswire) - Ni Hsin EV Tech Sdn Bhd, a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) ("Ni Hsin"), today entered into a Heads of Agreement ("HOA") with MNA Energy Sdn Bhd ("MNAE") to develop battery technology for electric motorcycles (EV Two Wheelers) as well as participate in the business and growth of MNAE.

Key Points: 
  • KUALA LUMPUR, Oct 12, 2021 - (ACN Newswire) - Ni Hsin EV Tech Sdn Bhd, a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) ("Ni Hsin"), today entered into a Heads of Agreement ("HOA") with MNA Energy Sdn Bhd ("MNAE") to develop battery technology for electric motorcycles (EV Two Wheelers) as well as participate in the business and growth of MNAE.
  • MNAE produces battery energy storage systems for electric mobility and stationary applications such as telecommunications towers and solar energy farms.
  • It is pioneering Electric Mobility-as-a-Service (EMaaS) in Malaysia, by developing SmartSwap - a game-changing turnkey solution for a battery swapping infrastructure for Electric Motorcycles.
  • Khoo Chee Kong, Managing Director of Ni Hsin EV Tech Sdn Bhd, said: "We see EV Two Wheelers leading the adoption of alternative power sources that can reduce carbon footprint and transition towards a greener economy.

Hatten Land Signs Exclusive Framework Agreement with EnjinStarter to Digitise Group's Assets and Create New Digital Assets, including NFTs and Tokens Exchangeable with Current Loyalty Points Linked to its Malls and Hotels

Thursday, October 7, 2021 - 1:00am

SINGAPORE, Oct 7, 2021 - (ACN Newswire) - Hatten Land Limited ("Hatten Land") said today that its subsidiary Hatten Technology (S) Pte.

Key Points: 
  • SINGAPORE, Oct 7, 2021 - (ACN Newswire) - Hatten Land Limited ("Hatten Land") said today that its subsidiary Hatten Technology (S) Pte.
  • The Exclusive Framework Agreement is part of a strategic shift by SGX Catalist-listed Hatten Land.
  • Hatten Land is re-purposing its extensive mall footprint in Melaka and pivoting towards digital and blockchain activities as the pace of digitalisation in the world accelerates.
  • The initial term of the Exclusive Framework Agreement is two years and can be automatically renewed every two years unless the Agreement is terminated.

CEKD Berhad Debuts on ACE Market at 12 sen premium, 25% above IPO price

Wednesday, September 29, 2021 - 3:00am

KUALA LUMPUR, Sept 29, 2021 - (ACN Newswire) - CEKD BERHAD ("CEKD"; KLSE stock code: 0238), a die-cutting solutions provider as well as manufacturer of die-cutting moulds and trader of related consumables, tools and accessories successfully listed on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) today.

Key Points: 
  • KUALA LUMPUR, Sept 29, 2021 - (ACN Newswire) - CEKD BERHAD ("CEKD"; KLSE stock code: 0238), a die-cutting solutions provider as well as manufacturer of die-cutting moulds and trader of related consumables, tools and accessories successfully listed on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) today.
  • "We are extremely pleased with today's listing debut on the ACE Market and are humbled by the reception to our IPO from the investing public.
  • The Group's customers are mainly from the printing and packaging, electrical and electronics, automotive, plastic packaging, textile, and leather industries.
  • M&A Securities Holdings Berhad is the Adviser, Sponsor, Sole Underwriter and Placement Agent for the IPO exercise.

Hatten Land Subsidiary HTPL Signs Definitive Agreement with Frontier to Operate at Least 1,000 Cryptocurrency Mining Rigs in Malaysia

Wednesday, September 29, 2021 - 1:00am

Ltd. ("Frontier") to share proceeds from jointly operating at least 1,000 cryptocurrency mining (cryptomining) rigs within the Hatten Group's properties in Malaysia.

Key Points: 
  • Ltd. ("Frontier") to share proceeds from jointly operating at least 1,000 cryptocurrency mining (cryptomining) rigs within the Hatten Group's properties in Malaysia.
  • Cryptomining rigs will be installed starting from Q42021 in phases under the binding strategic collaboration and management agreement between Hatten Land's wholly-owned subsidiary Hatten Technology (S) Pte.
  • Hatten Land recently announced that it would re-purpose its retail malls in Melaka for digital activities such as cryptomining and e-commerce.
  • Under the terms of the agreement, Frontier will install, operate, manage and maintain at least 1,000 cryptomining machines at properties owned or managed by Hatten Land in Melaka.

Fusionex Signs MoU with Alliance Islamic Bank to Accelerate SMEs’ Halal Business Growth

Monday, September 20, 2021 - 12:00am

We are pleased to be collaborating with Alliance Islamic Bank on their Halal in One program to nurture and develop the halal SME segment via digitalization.

Key Points: 
  • We are pleased to be collaborating with Alliance Islamic Bank on their Halal in One program to nurture and develop the halal SME segment via digitalization.
  • Alliance Islamic Bank CEO Rizal IL-Ehzan Fadil Azim said, We strongly believe in the strength of partnerships to support the growth of SMEs.
  • Teh added, I applaud Alliance Islamic Bank's Halal in One program for providing SMEs with a one-stop business solution to help accelerate SMEs growth and boost Malaysia's standing in the international halal market.
  • Alliance Islamic Bank Berhad (AIS) is a wholly-owned subsidiary of Alliance Bank Malaysia Berhad (Alliance Bank).

Hatten Land Enters into MOU with Singapore Myanmar Investco to Undertake 'Green' Crypto Mining Activities in Melaka

Thursday, September 16, 2021 - 12:00am

Ltd. ("Hatten Tech") has signed a MOU with SGX Mainboard-listed Singapore Myanmar Investco Limited ("SMI") to jointly explore business opportunities in cryptocurrency mining ("crypto mining") activities.

Key Points: 
  • Ltd. ("Hatten Tech") has signed a MOU with SGX Mainboard-listed Singapore Myanmar Investco Limited ("SMI") to jointly explore business opportunities in cryptocurrency mining ("crypto mining") activities.
  • Both parties will leverage on Hatten Land's space, infrastructure, and comparatively lower energy costs to carry out 'green' cryptomining activities, as Hatten Land steps up efforts to introduce solar energy.
  • Under the MOU, SMI has the intention to install up to 2,000 rigs in Hatten Land's properties in Melaka.
  • The initiative will allow Hatten Land to lower energy costs, accelerate its sustainability efforts and contribute to the 'green' crypto mining.

Central Global Bhd Signs MoU with Smart Sabah for Construction of State Ministry of Finance's Dashboard

Wednesday, August 25, 2021 - 10:00am

KUALA LUMPUR, Aug 25, 2021 - (ACN Newswire) - Central Global Berhad's ("Central Global" or "Company") wholly-owned subsidiary, Central Global Technology Sdn.

Key Points: 
  • KUALA LUMPUR, Aug 25, 2021 - (ACN Newswire) - Central Global Berhad's ("Central Global" or "Company") wholly-owned subsidiary, Central Global Technology Sdn.
  • ("CGTSB") has signed a memorandum of understanding ("MoU") with Smart Sabah Corporation Sdn.
  • ("Smart Sabah") to discuss the set-up of a joint venture ("JV") for the construction of a dashboard for Sabah's Ministry of Finance.
  • Executive Chairman of Central Global, Dato' Faisal Zelman said: "We welcome the discussions on the feasibility of working with Smart Sabah for the construction of the dashboard for the state's Ministry of Finance.

Central Global Berhad Increases Production Capacity by 250% to Meet Fresh Demand

Monday, August 16, 2021 - 1:00am

KUALA LUMPUR, Aug 16, 2021 - (ACN Newswire) - Central Global Berhad ("Central Global" or "Group"), a producer of industrial masking tapes and label stocks as well as general building contractor, is in the midst of finalizing the purchase of machinery that will triple the Group's manufacturing arm's capacity to produce industrial masking tapes.

Key Points: 
  • KUALA LUMPUR, Aug 16, 2021 - (ACN Newswire) - Central Global Berhad ("Central Global" or "Group"), a producer of industrial masking tapes and label stocks as well as general building contractor, is in the midst of finalizing the purchase of machinery that will triple the Group's manufacturing arm's capacity to produce industrial masking tapes.
  • Central Global executive chairman Dato' Faisal Zelman said, "This is perfect timing for us as we currently have new potential orders of up to 30 million sqm of masking tape orders from existing customers.
  • The new machinery will make us even more productive and efficient while allowing us the capacity to grow the business."
  • The production expansion of the Group's manufacturing arm is in conjunction with Central Global's growth initiatives for its construction segment.