Malaysian Business

Malaysian Business

In the Financial Times' 2025 global ranking of MBA programmes, CEIBS has once again been named #1 in Asia, marking nine consecutive years as the highest ranked programme in the region on the internationally authoritative list. The programme was ranked #12 globally.

EP Manufacturing Berhad (EPMB), a leading Malaysian automotive solutions provider, has announced two strategic joint ventures with Sanly China and Jujin China, marking a significant step forward in localizing the production of key automotive components for the Proton Saga MC3. These partnerships underscore EPMB’s commitment to enhancing Malaysia’s automotive manufacturing capabilities while delivering cost efficiencies and superior quality to OEMs.

Writen by Ms Poonthalir Veeran,Technical Agriculture Director, ReXil Asia JSC

 

Agriculture remains the backbone of food security and economic sustainability in both Europe and Malaysia. Recently, the European Commission unveiled its policy framework, A Vision for Agriculture and Food: Shaping Together an Attractive Farming and Agri-Food Sector for Future Generations, which aims to modernise the sector, ensure food security, and make farming more attractive to younger generations. Similarly, Malaysia’s National Agrofood Policy 2021-2030 (NAP 2.0) is focused on transforming the agrifood sector into a high-tech, resilient, and sustainable industry. 

CelcomDigi Berhad (“CelcomDigi”) today received two prestigious global certifications - ISO/IEC 27001: Information Security, Cybersecurity, and Privacy Protection – Information Security Management Systems (ISMS) and the ISO 22301: Business Continuity Management Systems (BCMS) – demonstrating its compliance with international best practices in data and cyber security, operational resilience, and business continuity. These accreditations validate the company’s robust processes in place to safeguard data and preparedness in managing disruptions to business, ensuring continuous data protection and service excellence in today’s digital landscape.

Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), announces the offering of Sukuk Ijarah I BUMA 2025 (the Sukuk), its inaugural Sukuk. With a maximum amount of Rp2 trillion, the Sukuk offering marks another historic milestone in the Group’s financial diversification strategy, expanding the Group’s investor base into Sharia financial markets.

Sukuk, often referred to as an Islamic bond, is a Sharia-compliant financial instrument similar to conventional bonds but structured to generate returns from underlying asset performance instead of interest, ensuring adherence to Sharia financial principles. The Sukuk Ijarah I BUMA 2025 is offered in three series: Series A with a duration of 370-day tenor, Series B with a 3-year tenor, and Series C with a 5-year tenor, starting from the issuance date. Quarterly Ijarah Fee payments will begin on June 20, 2025, with final bullet payments upon maturity in March 2026, 2028, and 2030. The bookbuilding period takes place from February 24 to March 7, 2025.

Iwan Fuad Salim, Director of Delta Dunia Group, stated, “The offering of Sukuk Ijarah I BUMA 2025 marks another key milestone in our financing strategy, diversifying our financing sources while enhancing operational capabilities. The strong investor demand for our recently oversubscribed BUMA II 2024 Bond underscores confidence in BUMA’s financial strength and disciplined execution. The Sukuk offering further reinforces our credibility and ability to secure diverse funding sources for sustained growth.”

The global Sukuk market continues to expand, driven by rising demand for Sharia-compliant financial instruments and increased government and corporate issuances. Southeast Asia—particularly Indonesia and Malaysia—continues to be a key region, benefiting from a mature Sharia financial ecosystem, strong regulatory frameworks, and established financial institutions. With the global Sukuk market projected to surpass $1 trillion in outstanding assets by 2025, Indonesia is expected to play a major role in sustaining this momentum [1], offering significant opportunities for issuers and investors alike.

"By tapping into the growing Sharia financial market, the Group builds on its diversified financing sources, strengthens its capital structure, broadens its investor base, and reinforces its commitment to financial resilience and operational excellence," Iwan added.

BUMA successfully secured an A+ Syariah rating from PT Pemeringkat Efek Indonesia (Pefindo) and Fitch Ratings, reflecting the company's financial stability and low default risk profile.

Silfanny Bahar, Director of BUMA, added, "The proceeds from Sukuk Ijarah I BUMA 2025 will be strategically allocated to support BUMA’s long-term growth in Indonesia—50% for capital expenditures, particularly heavy equipment, and 50% for working capital. This initiative strengthens financial resilience while ensuring operational efficiency. BUMA is committed to seizing this momentum to enhance its overall competitive advantage. With a well-defined strategy that expands into mine ownership, commodities, and diversified financing sources, we remain confident in generating long-term value for our stakeholders.”

The Sukuk Ijarah I BUMA 2025 offering is supported by leading arrangers PT BCA Sekuritas, PT BNI Sekuritas, and PT Sucor Sekuritas, with PT Bank Rakyat Indonesia as the trustee.

[1] https://www.fitchratings.com/site/pr/10296561

About PT Delta Dunia Makmur Tbk (Delta Dunia Group):
Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia, Australia, and USA. Our principal subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), is a leading provider of mining services to some of the largest miners in Indonesia and Australia (through BUMA Australia Pty Ltd). In June 2024, through PT Bukit Makmur Internasional (BUMA International), it acquired Atlantic Carbon Group, Inc. (ACG) and became the leading producer of ultra-high-grade anthracite in the USA, further strengthening the Group's global footprint in the mining industry.

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (BTech), developing AI deep learning technologies to improve operational efficiency, reduce emissions, and minimize Occupational Health and Safety (OHS) operational risks and PT BISA Ruang Nuswantara (BIRU), a social enterprise dedicated to education, vocational schools, and fostering circular economy.

Source: CodeBlue (codeblue.galencentre.org)

The inaugural 1st Malaysia Pharmacogenomics Summit 2024, jointly organised by the Precision Medicine and Scientific Wellness (PMedS) Association and the Commonwealth Medical Association (CMA), was held at Wyndham Grand Bangsar KL, Malaysia.

Worldwide Holdings Berhad (WHB) has fulfilled its obligation by paying business zakat amounting to RM2,900,000.00 to the Lembaga Zakat Selangor (LZS) for the year 2025 (haul 2024). The zakat payment from the Selangor conglomerate under PKNS was presented by WHB Group Chief Executive Officer, Datin Paduka Norazlina Zakaria, to His Royal Highness the Sultan of Selangor during the Business Zakat Payment Ceremony held today at the Sultan Salahuddin Abdul Aziz Shah Mosque (Selangor State Mosque).

In conjunction with World Sleep Day 2025 themed “Make Sleep Health A Priority”, AmLife International, a leader in sleep health and wellness has successfully staged its 10th annual public education showcase attracting over 1,000 participants to learn all about sleep health, admist rising sleep disorders in Malaysia.

Article by Associate Professor Dr Petrick Periyasamy

Clinical Physician And Consultant In Infectious Diseases

Head Of Infectious Diseases

University Kebangsaan Malaysia Medical Centre

Imagine a future where a simple cut could lead to dire consequences, minor infections become untreatable, and routine medical procedures carry life-threatening risks. This isn’t just the storyline of a dystopian film; it’s the alarming reality we are facing due to antimicrobial resistance (AMR). The overuse and misuse of antibiotics are fuelling the rise of superbugs that are outsmarting modern medicine. In Malaysia, the situation is increasingly critical. Even common ailments, such as a sore throat, are contributing to this growing crisis, and the potential fallout could be catastrophic.

Diolko, a leading provider of sustainable last-mile delivery solutions, today announced strategic partnerships with CEVA Logistics (previously Bolloré Logistics), L'Oréal and DKSH. These collaborations mark a significant step forward in promoting sustainable logistics and demonstrate Diolko's commitment to reducing carbon emissions in the supply chain.

Page 33 of 840