BHD

Hektar REIT's Sustainability & CSR Commitment Honored with an Accolade

Retrieved on: 
Thursday, July 27, 2023

Hektar REIT is proud to announce that it has been honoured with this highly acclaimed award for its unwavering dedication to Corporate Social Responsibility (CSR) and Sustainability practices.

Key Points: 
  • Hektar REIT is proud to announce that it has been honoured with this highly acclaimed award for its unwavering dedication to Corporate Social Responsibility (CSR) and Sustainability practices.
  • Sustainability and corporate social responsibility (CSR) are central to who we are and how we operate.
  • He said, "It is immensely gratifying to have these efforts recognised by the Sustainability & CSR Malaysia Awards.
  • The awards are a testament to Hektar REIT's industry-leading initiatives and its unwavering commitment to sustainability and CSR.

Infiniti Indah Celebrates Pesta Kuantan 188, 29-31 July Family Fun and Concert with A-List Artists

Retrieved on: 
Monday, July 17, 2023

and the hospitality arm of MAA Group Berhad, returns with the exciting annual three-day Pesta Kuantan 188 festival from 29 to 31 July 2023.

Key Points: 
  • and the hospitality arm of MAA Group Berhad, returns with the exciting annual three-day Pesta Kuantan 188 festival from 29 to 31 July 2023.
  • The Pesta Kuantan 188 is endorsed by the Pahang State Government, Tourism Pahang and Ministry of Youth and Sports.
  • The race will commence in front of the Jetty for the Marine Department of Kuantan and finish in front of Kuantan 188.
  • To know more about Pesta Kuantan 188, check out Instagram, Facebook and TikTok for recent updates, as well as www.kuantan188.com.my.

KGW to Raise RM16.73 Million from ACE Market IPO

Retrieved on: 
Friday, June 30, 2023

The IPO will raise RM16.73 million via the issuance of 79.66 million new shares at the IPO price of RM0.21 per share to fund KGW's future expansion as well as for working capital and repayment of bank borrowings.

Key Points: 
  • The IPO will raise RM16.73 million via the issuance of 79.66 million new shares at the IPO price of RM0.21 per share to fund KGW's future expansion as well as for working capital and repayment of bank borrowings.
  • KGW recorded revenue of RM43.38 million, RM63.52 million, RM195.42 million and RM229.70 million for the financial year ended 31 December 2019 ("FYE 2019"), FYE 2020, FYE 2021 and FYE 2022 respectively.
  • The Group registered profit before tax of RM0.60 million, RM2.86 million, RM20.75 million and RM21.87 million for FYE 2019, FYE 2020, FYE 2021 and FYE 2022 respectively.
  • TA Securities is the Principal Adviser, Sponsor, Underwriter and Placement Agent for the IPO while Eco Asia is the Financial Adviser.

Internationally Acclaimed Benns Chocolate Launches Single-Origin Chocolate Evoking Malaysian Flavours

Retrieved on: 
Thursday, June 8, 2023

KUALA LUMPUR, June 8, 2023 - (ACN Newswire) - Benns Chocolate Factory Sdn Bhd, a premium Malaysian artisanal chocolatier, is pleased to launch a new line of single-source chocolates evoking and celebrating Malaysian cacao and flavours that also promotes sustainability and ethical farming.

Key Points: 
  • KUALA LUMPUR, June 8, 2023 - (ACN Newswire) - Benns Chocolate Factory Sdn Bhd, a premium Malaysian artisanal chocolatier, is pleased to launch a new line of single-source chocolates evoking and celebrating Malaysian cacao and flavours that also promotes sustainability and ethical farming.
  • A premium chocolate with a competitive pricing accessible to all chocolate lovers, Benns celebrates the originality of Malaysian cacao as all beans are sourced domestically and brings forth the characteristic flavours of the Malaysian terroir.
  • Wilfred Ng, Managing Director of Benns Chocolate said, "The launch of today's Benns Malaysia Single-Origin Chocolate is an earnest celebration, a heartfelt homage to the exceptional originality of our local cacao, and an exquisite exploration of its distinctive flavours."
  • He added, "Benns Chocolate stands shoulder to shoulder with the Malaysian Cocoa Board in a harmonious symphony of collaboration, fortifying the foundations of our noble cacao industry.

Hektar REIT's Portfolio Maintains a Trend of Improvement

Retrieved on: 
Thursday, May 25, 2023

Hektar REIT recorded a robust NPI Margin of 52%, indicating a healthy financial performance throughout the Assets Under Management (AUM).

Key Points: 
  • Hektar REIT recorded a robust NPI Margin of 52%, indicating a healthy financial performance throughout the Assets Under Management (AUM).
  • Hektar REIT's portfolio performance showed considerable improvement and the portfolio occupancy improved to 83.8%.
  • All malls under the portfolio experienced an uptrend in visitor traffic, showing positive signs of a return in shoppers' confidence at Hektar malls.
  • Our committed overall portfolio occupancy is currently 85.4% and will be realised in the subsequent quarters this year.

Oriental Yuhong Attends ARCHIDEX Again - Meeting Agents and Visitors in Malaysia

Retrieved on: 
Wednesday, August 9, 2023

As a leading provider of construction and building materials system services in Southeast Asia, Oriental Yuhong Technologies (Malaysia) Sdn.Bhd.

Key Points: 
  • As a leading provider of construction and building materials system services in Southeast Asia, Oriental Yuhong Technologies (Malaysia) Sdn.Bhd.
  • ("Malaysia Oriental Yuhong" for short) was invited to the business event, to serve the Southeast Asian market and show its waterproof products and overall solutions to the world.
  • Shan Dongning, General Manager of Malaysia Oriental Yuhong, introduced the exhibits with agents, and visitors spoke highly of Oriental Yuhong's system services and products.
  • Malaysia Oriental Yuhong has made positive contributions to the Belt and Road Initiative projects, undertaking many large-scale construction projects in Malaysia.

AM Best Affirms Credit Ratings of Saudi Arabian Insurance Co B.S.C. (c)

Retrieved on: 
Monday, July 24, 2023

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Saudi Arabian Insurance Company B.S.C.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Saudi Arabian Insurance Company B.S.C.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Starbox Secures 3-Year Contract Valued at $600,000 for Licensing its A.I. Rebates Calculation Engine System in the Philippines Market

Retrieved on: 
Wednesday, July 19, 2023

Kuala Lumpur, Malaysia, July 19, 2023 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (the “Company” or “Starbox Group”), a service provider of cash rebates, digital advertising, and payment solutions, announced that its Malaysian subsidiary, Starbox Rebates Sdn.

Key Points: 
  • Kuala Lumpur, Malaysia, July 19, 2023 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (the “Company” or “Starbox Group”), a service provider of cash rebates, digital advertising, and payment solutions, announced that its Malaysian subsidiary, Starbox Rebates Sdn.
  • Bhd., has entered into a software licensing agreement (the “Agreement”) with MY Rebates PH Solutions Corporation (“MRP”), a Philippines-based company.
  • Pursuant to the Agreement, the Company has agreed to provide technology support with its unique, internally developed artificial intelligence (“A.I.”) Rebates Calculation Engine System to help MRP in its system to better target customers and improve operational efficiency.
  • We believe the Philippines market offers a huge potential for Starbox Group to grow.

Rimaunangis SDN BHD Enters the Tuna Exploration Business in the Indian Ocean

Retrieved on: 
Wednesday, July 19, 2023

Hong Kong, Hong Kong--(Newsfile Corp. - July 19, 2023) - Token RXT's parent company, Rimaunangis SDN BHD from Malaysia has decided to team up with Ourlines SDN BHD to start tuna exploration in the Indian Ocean.

Key Points: 
  • Hong Kong, Hong Kong--(Newsfile Corp. - July 19, 2023) - Token RXT's parent company, Rimaunangis SDN BHD from Malaysia has decided to team up with Ourlines SDN BHD to start tuna exploration in the Indian Ocean.
  • This business will complement the Food Security Program which is being continuously promoted by Rimaunangis SDN BHD.
  • The Cooperation Agreement between Rimaunangis SDN BHD and Ourlines SDN BHD was carried out in the middle of the Hong Kong Sea, simultaneously with the Private Yacht Party Event held by RXT Token.
  • Dato Abdul Haadi Azhar, representing Rimaunangis SDN BHD and accompanied by Chairman Dato Muhamad Firdaus Azhar and CEO of Ourlines SDN BHD Mr. Sopian Bin Bakar, said he was ready to start exploring for tuna in the Indian Ocean.

Indoor Air Quality Solutions Market Size to Grow by USD 14.61 billion from 2021 to 2026; The technological advancements in indoor air quality solutions to be a major market trend - Technavio

Retrieved on: 
Tuesday, June 27, 2023

Several vendors offer a broad range of air quality monitoring equipment and air quality management solutions and systems, assuring complete air quality management.

Key Points: 
  • Several vendors offer a broad range of air quality monitoring equipment and air quality management solutions and systems, assuring complete air quality management.
  • Indoor Air Quality Solutions Market: Market Dynamics
    The new product development and robust marketing support are notably driving the Indoor Air Quality Solutions Market.
  • The high competition will be a major challenge that may impede the Indoor Air Quality Solutions Market growth.
  • The global indoor air quality meters market is witnessing growth due to the increase in government regulations and initiatives related to indoor air quality.