Global Entrepreneurship Movement (GEM) showcased six entrepreneurs which have been inducted into the TENxCLUB during an intimate lunch with leaders from Malaysia’s publishing industry as well as GEM council members.
The six TENxCLUB members that have been selected are Avana, a Facebook and mobile social ecommerce application that simplifies the buying and selling process online; Qu Exchange, an app-based exchange that facilitates the sharing of products and services among SMEs; Gameka, a mobile game development company; IGL COATINGS, an eco-friendly industrial coating formulator; Tripcarte Asia, an online travel platform; and Hello Gold, an online gold trading platform that enables micro saving.
PETRONAS LNG Ltd. (PLL), a subsidiary of PETRONAS, signed a Sale and Purchase Agreement (SPA) with H-Energy Mideast DMCC (HEMD) for supply of Liquefied Natural Gas (LNG) to India.
Chief executive officer and managing director of PLL, Ezhar Yazid Jaafar said that the agreement with HEMD marks a milestone for PLL as the first term LNG contract to India.
AirAsia BIG Members can now enjoy free Internet on ROKKI flights.
A 2MB Chats Plan for access to WhatsApp, WeChat, LINE, KakaoTalk and Viber application will be given to all BIG Members every time they fly on a ROKKI-enabled flight.
Malaysia Airports Holdings Bhd (MAHB) recorded a net profit of RM237 million for the financial year of 2017 (FY17) ended on December 2017 compared to RM73 million recorded in 2016.
In a statement, MAHB credits the spike in profit to sustained growth in passenger and aircraft movements continued to impact positively to the group’s earnings.
MSM Malaysia Holdings Berhad (MSM), a subsidiary of Felda Global Ventures Holdings Berhad (FGV), recorded a pre-tax profit of RM27.03 million in its fourth quarter earnings, an improvement of 12.0 per cent from the corresponding quarter.
MSM recorded stronger consolidated revenue of RM2.67 billion for the financial year ended 31 December 2017 as compared with RM2.66 billion in the same period last year. The 0.3% revenue increase was mainly due to a 16.5% improvement in the overall average selling price tied with a 12.0% offset reduction in overall tonnage sold in 2017.
Nestle (Malaysia) Bhd delivered a strong performance for its financial year ended 31 December 2017 and has registered a higher revenue by 3.9 per cent to RM 5.3 billion supported by strong export and domestic businesses, which grew 3.0 per cent and 4.1 per cent respectively.
Full year net profit improved by about 1.3% to RM645.8mil, or RM2.75 a share.
The Malaysian Institute of Architects (PAM) would like to reiterate that all new and existing building structures must be strictly regulated in Malaysia.
This is a reference to the recent incident where a wall collapsed in a hotel in Bukit Tinggi, Bentong where the incident resulted in an elderly man and a child being injured, and 90 hotel guests evacuated as a precaution until the authorities finish carrying out investigations.
UEM Edgenta Bhd has announced a special dividend of 18 sen for the financial year ended December 31, 2017 together with a second interim dividend of five sen, raised the total dividend for the year to 31 sen.
This is the highest dividend payout by UEM Edgenta, following the disposal of 61.2 per cent stake in Opus International Consultants Limited (“OIC”) of RM 274.9 million
PETRONAS Chemicals Group Berhad’s (PCG) concluded 2017 recording its best ever performance in Revenue, Profit After Tax (PAT) and Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) since its listing.
Elaborating on PCG’s fourth quarter earnings, its group managing director and chief executive officer Datuk Sazali Hamzah said 2017 has been a remarkable year for them.
Malaysian consumers’ search for goods has rose by 32 per cent on the Shopee e-commerce platform due to Chinese New Year festive period.
Shopee Malaysia regional managing director Ian Ho added that the spike in the number of searches indicated the trend of consumers opting to shop online for their festive necessities.