BHD

SNS Network to Supply Apple Products and Accessories to Kumon Malaysia

Retrieved on: 
Monday, March 20, 2023

IPOH, Malaysia, Mar 20, 2023 - (ACN Newswire) - SNS Network Technology Berhad (Bursa: SNS, 0259), an ICT system and solutions provider, is pleased to announce that the Company's wholly-owned subsidiary, SNS Network (M) Sdn.

Key Points: 
  • IPOH, Malaysia, Mar 20, 2023 - (ACN Newswire) - SNS Network Technology Berhad (Bursa: SNS, 0259), an ICT system and solutions provider, is pleased to announce that the Company's wholly-owned subsidiary, SNS Network (M) Sdn.
  • to supply Apple iPad products and accessories to Kumon Malaysia's students and parents.
  • As part of the agreement, SNS will create and maintain a portal from which Kumon Malaysia's parents and students can access while also undertaking all services related to the supply of Apple iPad products and accessories.
  • General Manager of Kumon Malaysia, Atsushi Hasegawa said, "The supply of iPad products and accessories through the collaboration with SNS is part of Kumon Connect feature launched in January 2023 to encourage students to enjoy the learning process together online.

Starbox Cash Rebates System Enters The Philippines Market, Its First Overseas Market Opening

Retrieved on: 
Tuesday, March 7, 2023

Kuala Lumpur, Malaysia, March 07, 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, today announced its Malaysian subsidiary, Starbox Rebates Sdn.

Key Points: 
  • Kuala Lumpur, Malaysia, March 07, 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, today announced its Malaysian subsidiary, Starbox Rebates Sdn.
  • Bhd., has entered into a Private Label Cash Rebates System Supply Agreement with MY Rebates PH Solutions Corporation (“MYRPHSC”), an entity incorporated in the Philippines.
  • The Private Label Cash Rebates System Supply Agreement stipulates that MYRPHSC, as the Company’s exclusive partner in the Philippines, shall utilize the cash rebate system, digital advertising and related attributes of Starbox Group therein to promote and develop the Company’s services in the Philippines.
  • Mr. Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors of Starbox Group, commented, “The Philippines is the first overseas market for our cash rebate system, and our technical team will provide the system with vigorous assistance.

L’Officiel Inc. SAS granted permits by the Singapore Registrar of Newspapers to publish L’Officiel Magazines locally

Retrieved on: 
Thursday, March 9, 2023

Ltd. (has now been renamed as L’Officiel Singapore Pte.

Key Points: 
  • Ltd. (has now been renamed as L’Officiel Singapore Pte.
  • Ltd.), a subsidiary of L’Officiel SAS Inc. is pleased to announce that it has been granted permits by the Singapore Registrar of Newspapers to publish the L’Officiel Singapore Magazine, and the L’Officiel Hommes Magazine.
  • This is a milestone in the evolution of L’Officiel in Singapore, developing an owners model and integrating the brand globally.
  • The platform boasts extensive credentials and experience in producing, promoting and distributing top quality contents, images and outputs to the public.

SCIB Awarded RM20.65 million Project to Rebuild School

Retrieved on: 
Thursday, March 2, 2023

KUCHING, MALAYSIA, Mar 2, 2023 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Group's wholly-owned subsidiary, SCIB Industrialised Building System Sdn.

Key Points: 
  • KUCHING, MALAYSIA, Mar 2, 2023 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Group's wholly-owned subsidiary, SCIB Industrialised Building System Sdn.
  • The contract has a duration of 24 months and comes under the third phase of the Sarawak government's RM1 billion allocation for dilapidated schools.
  • Rosland bin Othman, Group MD and CEO of SCIB (Link) Group Managing Director of SCIB, Encik Rosland bin Othman said, "This project from JKR is part of the nationwide programme to rebuild or renovate dilapidated schools, especially in rural areas where children already face challenges from lack of infrastructure.
  • We also note with interest the RM920 million set aside for dilapidated schools in both states."

Texas Chicken™ Franchisee for Malaysia, Dato’ Jaya Tan, Named IFA Franchisee of the Year

Retrieved on: 
Wednesday, March 1, 2023

Cajun Operating Company, the franchisor for Texas Chicken™, announced today that Dato’ Jaya Tan, the owner of franchisee Texas Chicken Malaysia SDN BHD, has been named one of the “Franchisee of the Year” award recipients by the International Franchise Association.

Key Points: 
  • Cajun Operating Company, the franchisor for Texas Chicken™, announced today that Dato’ Jaya Tan, the owner of franchisee Texas Chicken Malaysia SDN BHD, has been named one of the “Franchisee of the Year” award recipients by the International Franchise Association.
  • Every year, the IFA recognizes outstanding franchisees who exemplify IFA’s core pillars: community, workforce, diversity and inclusion, and veterans.
  • “We are honored to receive this global recognition and be named a franchisee of the year by the IFA,” said Dato’ Jaya Tan.
  • “They continue to be an ambassador for the Texas Chicken™ brand and model franchisee in our industry.”

Hektar REIT Realised Net Income higher by 187% for FY2022

Retrieved on: 
Thursday, February 23, 2023

Hektar REIT registered a Net Property Income (NPI) of RM58.7 million, a significant increase of 24.8% compared to RM47 million in the preceding year.

Key Points: 
  • Hektar REIT registered a Net Property Income (NPI) of RM58.7 million, a significant increase of 24.8% compared to RM47 million in the preceding year.
  • Realised Net Income was RM36.4 million, a notable increase of 187% compared to the previous year.
  • There was also a notable increase in the fair value of the Hektar REIT Investment Portfolio of RM41.6 million.
  • - Hektar REIT was awarded two Silver awards at The Edge Malaysia ESG Awards 2022:
    -- Property & REIT Sector Award.

XOX Strengthens Presence in Local Football Scene with KLCFC Partnership

Retrieved on: 
Friday, February 10, 2023

KUALA LUMPUR, Feb 10, 2023 - (ACN Newswire) - XOX Berhad (XOX), via its sports marketing arm, XOX Pro Sport Sdn.

Key Points: 
  • KUALA LUMPUR, Feb 10, 2023 - (ACN Newswire) - XOX Berhad (XOX), via its sports marketing arm, XOX Pro Sport Sdn.
  • Bhd., and the Kuala Lumpur City Football Club (KLCFC) have kick-started a partnership to offer XOX's comprehensive range of product and service to the public.
  • Mr. Stanley Bernard, Chief Executive Officer of KLCFC, said, "The club is undergoing a makeover and is currently prioritising its commercial side.
  • XOX has supported Malaysian sports throughout the years and will now focus on developing content and exposure for grassroot football.

SCIB and Bintai Kinden in Strategic Alliance

Retrieved on: 
Tuesday, February 7, 2023

Group Managing Director of SCIB, Encik Rosland bin Othman

Key Points: 
  • Group Managing Director of SCIB, Encik Rosland bin Othman
    Executive Director of Bintai Kinden, En.
  • Bhd in which SCIB will retain a 51% stake in the JV while Bintai Kinden will subscribe to the remaining 49%.
  • Bintai Kinden is a mechanical and electrical ("M&E") engineering services specialist listed on the Main Market of Bursa Malaysia, with unique combination of extensive regional experience and local knowledge.
  • Group Managing Director of SCIB, Encik Rosland bin Othman said, "We welcome this strategic alliance with Bintai Kinden as both parties can leverage each other's strengths and expertise that add value to any projects we are involved in together.

Reborn Coffee Partners with COLLECTIVE to Expand Brand into Malaysia and Indonesia

Retrieved on: 
Thursday, January 19, 2023

BREA, Calif., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced it has signed a Memorandum of Understanding with COLLECTIVE PROJECT SDN BHD (“COLLECTIVE”), an owner and operator of a wholesale distribution network with various specialty cafes in Malaysia, on January 15, 2023 to establish an equity joint venture to expand and develop Reborn’s coffee brand throughout Southeast Asia.

Key Points: 
  • In retail, COLLECTIVE is partnering with other artisanal producers specifically in gelato and pastries to expand their specialty product offerings.
  • Barrie Nasim, Founder and CEO of COLLECTIVE, has over 10 years’ experience in specialty coffee and distribution.
  • COLLECTIVE is at the forefront of a new generation of consumers who are enthusiastic about specialty and sustainable coffee.
  • We have also identified profitable companies with synergy for potential acquisition in Malaysia and Jakarta to contribute to Reborn earnings.

Energem Corp. Secures Standby Equity Purchase Agreement with Yorkville Advisors Global, LP

Retrieved on: 
Tuesday, January 17, 2023

New York, New York, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW), a special purpose acquisition company, today announced that it has entered into a definitive $200 million Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global, LP (the “Investor”), and Graphjet Technology Sdn.

Key Points: 
  • New York, New York, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW), a special purpose acquisition company, today announced that it has entered into a definitive $200 million Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global, LP (the “Investor”), and Graphjet Technology Sdn.
  • As previously announced, Energem and Graphjet entered into a definitive share purchase agreement that will result in Graphjet becoming a wholly-owned subsidiary of Energem, and Energem to be renamed Graphjet Technology and is expected to be listed on the Nasdaq Global Market under the ticker symbol “GTI” (the “Business Combination”).
  • Mr. Swee Guan Hoo, CEO of Energem, commented, “We are pleased to announce this equity investment with Yorkville Advisor Global.
  • represented Energem on the SEPA and Nelson Mullins Riley & Scarborough LLP acted as legal counsel to Graphjet.