Items filtered by date: September 2017

Digi Telecommunications Sdn Bhd ("Digi") continued to underline its commitment to customers today by mobilising over 1,200 Digizens nationwide for its annual Customer First Day celebration. The event saw Digi employees flooding the streets in six major cities around Malaysia with the objective of engaging customers to raise awareness on cybersafety and how to safely enjoy the Freedom To Internet on Digi's consistent 4G Plus network.

Digi celebrated this year’s Customer First Day in all key market centres across Malaysia including the Klang Valley, Penang, Johor Bharu, Kuantan, Kuching and Kota Kinabalu.

Published in GENERAL

Samsung tablets are designed to be portable productivity stations and to become a do-everything family device.

From serving as a note-taking machine and creative tool to functioning as an e-reader and gaming centre, Samsung tablets are built with the most impressive display and powerful performance to deliver the ultimate productivity and entertainment experience.

Published in GENERAL

AirAsia, the world’s best low-cost airline launched a new direct route to Macao from Johor Bahru to further expand the southern hub starting 28 November 2017. The new Johor Bahru-Macao route with daily direct flights will be the airline’s 16th route from Johor Bahru and seventh international destinations from the hub. 

To celebrate the new route announcement, AirAsia is offering promotional all-in-fares from RM129* one way on from now to 1 October 2017 for the travel period between 28 November 2017 and 21 November 2018. The promotion is also available on AirAsia’s mobile app for iPhone and Android devices, as well as the mobile site

Published in GENERAL

U Mobile today signed a memorandum of understanding (MOU) with MPI Generali Insurans Berhad (“MPI Generali”) to provide general insurance solutions to U Mobile’s customer base. Through this partnership, the telco’s customers will be able to subscribe, manage and view their general insurance coverage entirely via their mobile phones. 

U Mobile’s relationship with MPI Generali started in 2016 when the insurance company provided travel insurance solutions to the telco’s long-term customers via its loyalty programme called ‘U Special’. The response was very encouraging and that led U Mobile to strengthen the partnership with MPI Generali further by extending the services to include other forms of general insurance, and at the same time make the services available to all its customers.

Published in CORPORATE

Malaysia’s latest re-domiciling effort, workforce and talent analytics platform – CXS International, known as CXS Analytics Sdn Bhd in Malaysia (CXS) – revealed more details yesterday on its decision for moving its global headquarters to Malaysia and how it will continue to engage its partners around the world. That and what it intends to do once the transition is complete are the main topics at the first CXS Global Partner Conference for Southeast Asia.

Held in the heart of Cyberjaya, the event hosted 19 CXS global partners and other potential clients as they sit in and gain insights on the critical updates from the talent analytics service provider since it uprooted its entire Norwegian operations and moved it to Malaysia. 

Published in CORPORATE
Thursday, 21 September 2017 13:35

Daya Completes Disposal Of Siem Daya 1

Further to the shareholders’ approval at the Extraordinary General Meeting convened on 21 June 2017, Daya Materials Berhad (“DMB” or the “Group”) has today completed the disposal of its offshore subsea construction vessel, Siem Daya 1 (“SD1”) via the disposal of the Group’s wholly-owned subsidiary, Daya Global 1 Pte Ltd (“DG1PL”) to Siem OCV Pte Ltd (“Siem OCV”), an indirect wholly-owned subsidiary of Siem Industries Inc for a total consideration of USD$100 million (equivalent to approximately RM418.5 million). 

The disposal of SD1 marks the Group’s exit from its offshore subsea business and is a strategic move for DMB to strengthen the financial position of the Group as the disposal will significantly reduce the Group’s debts by approximately 62% or RM406.9 million from RM660.0 million (as at 31 December 2016) to RM253.1 million, resulting in a significant reduction in its gearing level, as well as enhancing its financial position.  

Published in CORPORATE

Epson, a world leader in digital imaging and printing solutions, launched the new WorkForce Enterprise WF-C20590 that reinvents office inkjet printing at ultrafast speeds. The new Replaceable Ink Pack System (RIPS) printer - the WorkForce Pro WF-C869R, was also launched at a two-day business event Epson Malaysia held at the Sunway Pyramid Convention Centre in Bandar Sunway. 

With the launch of the WorkForce Enterprise and WorkForce Pro printers, Epson aims to revolutionise the enterprise segment through inkjet printing. The company is focused on strengthening its position in the medium to large enterprise segment, where inkjet printers are gradually replacing laser printers.  Driven by its leadership in printing technologies and as part of Epson 2025 vision, Epson will continue to lead the way through continuously innovating and investing in R&D in inkjet technologies. The company forecasts spending 54 billion yen on R&D in FY2017, which is 5.2% of its forecast revenue and approximately US$1.4 million a day.

Published in GENERAL

Offset printing technology has long dominated the field of commercial printing. But with the emergence of digitalisation in recent years, digital technology is changing the competitive landscape of the commercial printing market, and companies who fall behind in the shift to digital printing are at risk. 

In answering these business challenges and taking the variables into consideration, Canon Marketing (Malaysia) introduced two commercial print line devices -- the third generation varioPRINT DP product line (varioPRINT 140/130/115), and the imagePRESS C850/C750/C650. The launch was themed ‘#UnleashPrint - Built for Business, Bring It On’ as it is Canon Malaysia’s intent to help customers realise their potential, take on new challenges and open up new opportunities.

Published in GENERAL
Wednesday, 20 September 2017 16:07

MUFG Sells Its Stake In Cimb Group Holdings Berhad

CIMB Group Holdings Berhad ("CIMB" or "the Group") today announced that Mitsubishi UFJ Financial Group’s (“MUFG”) banking entity, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) had sold its entire stake of 412 million CIMB shares (equivalent to a 4.6% stake) via an overnight block trade. The divestment was part of MUFG's strategic global master plan which included a review of its portfolio of existing investment in affiliates. 

MUFG’s Asia & Oceania network spanned 15 countries, including Malaysia, where MUFG’s presence had been enhanced by its capital investment in CIMB, which was made in various stages from 1974 onwards. Notwithstanding the divestment, both MUFG and CIMB would maintain their current collaboration founded on a mutually beneficial 40-year partnership. 

Published in CORPORATE

Having introduced motor insurance innovations, AXA Motor For Her (the only car insurance dedicated for female drivers, offering free ride to next destination from scene of accident or breakdown, car delivery after repairs, and car window snatch theft cover) and AXA FlexiDrive (the pioneer telematics insurance in Malaysia), AXA Affin General Insurance (AAGI) continues to lead the way in Motor Insurance with the launch of “AXA Preferred Workshops”, its latest service to further enhance customer experience, convenience and safety for customers.

Published in GENERAL
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