GENERAL

SMBs in Malaysia drive demand for young and tech-savvy talent – LinkedIn

 |  Friday, 08 November 2019 10:39  |  Published in GENERAL

Kuala Lumpur, 5 November 2019 - Small and medium businesses (SMBs) in Malaysia are adopting digital technologies and hiring professionals with technology-related skills, according to data from LinkedIn, the world’s largest professional network. In Malaysia, there are more than 4 million members on the network.

LinkedIn has found that technology-related skills have the highest year-on-year growth among SMBs, indicating ongoing initiatives to improve their products, services, and operations. The fastest growing skills of SMBs in Malaysia are

KENANGA INVESTORS’ UNICORN FUND RETURNS ON HIGH DEMAND

 |  Thursday, 07 November 2019 09:55  |  Published in GENERAL

Kuala Lumpur, X November 2019 – Kenanga Investors Berhad (“Kenanga Investors”) has launched Kenanga Global Unicorn 2 (“KGU2”, “the Fund”), the second tranche to the highly subscribed Kenanga Global Unicorn 1 (KGU1). 

Similar to its predecessor, KGU2 aims to provide medium-term capital appreciation by investing primarily in the securities of globally recognised technology companies who have undergone transformational change from start-up to initial public offering (“IPO”) - ready entities, otherwise known as “unicorns. The Fund also targets to invest up to 10% of its remaining invested capital in equity securities of similar companies that have yet to reach the USD1billion valuation threshold, but will develop products, processes or services that provide or benefit from equivalent technology and innovations. The Fund will be feeding into the Ericsenz-K2 Global Unicorn Fund II (“Target Fund”) and has a targeted 12% internal rate of return per annum*.

NTT LAUNCHES MYNAP – MALAYSIA’S NEXT INTERNET EXCHANGE

 |  Thursday, 07 November 2019 09:52  |  Published in GENERAL

Cyberjaya, Malaysia - 5 November 2019 - NTT Ltd. (NTT), a world-leading global technology services provider has today unveiled MYNAP (Malaysia Network Access Point) - a new private Internet Exchange (IX). MYNAP is the third IX in Malaysia, allowing NTT Ltd. to offer clients a holistic end-to-end solution of Data Center, Network, and Internet Exchange with unparalleled connectivity.

Hosted in NTT Ltd’s local data center in Cyberjaya, this wide reach, high availability IX is stable, cost-effective, and it is the only IX in Malaysia that resides in a TIA942 Rated-3 data center. MYNAP is also the first and only local IX to have peering with other regional IX providers within the NTT Group i.e. Japan Network Access Point (JPNAP) and Jakarta Internet Exchange (JKT-IX), allowing for faster, more affordable and reliable access to content.


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