Items filtered by date: October 2017

About 97 percent of the Top 100 companies by revenue in Malaysia (N100) reported on their corporate sustainability performance, compared to the global average of 72 percent, according to the KPMG Survey of Corporate Responsibility Reporting 2017. 

The survey also showed that 93 percent of the N100 companies included Corporate Responsibility (CR) information (also known as sustainability information) into their respective annual reports, coming second only to India at 98 percent on a global ranking involving 49 countries.

Published in GENERAL

IFCA MSC Bhd, leading property solutions provider listed on the ACE Market of Bursa Malaysia, has embarked on a transformational programme known as ‘IFCA 2.0’ to strengthen positive growth rates for the next few years.

In an effort to drive earnings growth, ‘IFCA 2.0’ outlines the fundamental growth pillars to strengthen IFCA’s leading position as an innovative and dynamic property solutions provider. The company is taking a new and determined step in the digital side by delivering solutions that make sense and add value to its customers, as well as enable them to be more competitive and successful, by creating new products such as data-driven marketing which helps to more accurately reach the potential customers that property developers are targeting.

Published in GENERAL

Global economic confidence has improved slightly this quarter, as high performance across Asia and Africa offset depressed confidence in the Middle East and the Americas.

According to the latest Global Economic Conditions Survey (GECS), produced by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants), confidence has benefitted from a sustained period of economic expansion since the global financial crisis.

Published in GENERAL

ACE Market-listed company, PUC Bhd (formerly known as PUC Founder (MSC) Berhad) through its wholly-owned subsidiary, Founder Qube Sdn Bhd (“FQ”), today reiterated its commitment to grow its advertising and media business in Southeast Asia by signing a Memorandum of Understanding (“MoU”) with Advwhere Limited, a leading social media analytics and influencer marketing company, with operations primarily in Hong Kong and Taiwan. 

The MoU will see FQ becoming an exclusive business partner that will market Advwhere Limited’s proprietary digital media influencer platform (“Cloudbreakr Technology”) in digital advertising to expand its business reach to more core markets, in particular, Malaysia, Indonesia and Singapore. 

Published in CORPORATE

TIMBER and sustainable forest management group Priceworth International Bhd announced that the third Forest Management Plan (FMP) for Forest Management Unit No. 5 (FMU5) has been approved, paving the way for the next step in its proposed acquisition.

"With the Sabah Forest Department’s approval of the FMP for the period 1 Sept 2017 to 31 August 2027, a condition precedent of the the proposed FMU 5 acquisition has been deemed fulfilled,” said Richard Koo, Priceworth executive director today.

Published in CORPORATE

Property developer, Tropicana Corporation Berhad and its group of companies announced the appointment of Tan Sri Dr. Lim Wee Chai as its Non-Independent Non-Executive Deputy Chairman, who is also the Executive Chairman of Top Glove Corporation Berhad, effective 24 October 2017.

Prior to joining Tropicana, Tan Sri Dr. Lim has snapped up an additional 8.5% stake in Tropicana, making him a substantial shareholder with approximately 10.24% shareholding in the Group.

Published in GENERAL

Power utilities should be technology agnostic, as there are no single technology that fits all the needs of different customers or can solve all problems, said Tenaga Nasional Berhad (TNB) President/Chief Executive Officer, Datuk Seri Ir. Azman Mohd.

“We should be technology agnostic. We should be thinking what will benefit the customers,” he said during panel discussion of Heads and CEOs of Utilities at the AESIEAP CEO Conference 2017 on Monday.

Published in GENERAL
Wednesday, 25 October 2017 14:53

SAP Malaysia Wish List for Budget 2018 

Over the past years, Malaysia has been driving headlong on its journey towards becoming a high-income knowledge-based economy. 

Accordingly, policies implemented in previous budgets have seen the ICT industry as a whole taking incremental steps towards a unified vision of achieving a fully connected digital economy.

Published in GENERAL

Press Metal Aluminium Holdings Bhd, the largest integrated aluminium producer in South East Asia, today announced that it has successfully priced its Regulation S US$ denominated Senior Notes of US$400.0 million. 

This offering marks the country’s first high yield US Dollar issue in more than a decade. The coupon rate on the 5-year Senior Notes, which has a call option after 3 years, has been set at 4.80%. 

Published in GENERAL

The Menteri Besar of Johor, Datuk Mohamed Khaled Nordin yesterday officiated two key associated facilities within the Pengerang Integrated Complex (PIC) during his visit to the site of PETRONAS’ largest downstream development project, here.

The two facilities, the Pengerang Co-generation Plant (PCP) and the Regasification Terminal 2 (RGT2), are key components of the PIC that will supply power and steam, as well as the primary gas requirement for the refinery and petrochemical plants.  

Published in GENERAL
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