Malaysian Business

Malaysian Business

To celebrate its fourth year of business in Malaysia, CUCKOO invited employees, customers, business partners and media to Wisma MBSA, Shah Alam with eight announcements on their plans for 2019.

CUCKOO kicked off its 4th-anniversary celebration with the Malaysia Book of Records Certification Presentation in which they have set the record for “Shortest Time for a Multi-Cooker to Cook GABA Rice” and “First in & out Auto Electrolytics Sterilisation System in Water Purifier” were awarded to CUCKOO Indonesia chief executive officer, Toh Seng Lee and Domestic Sales director, Mak Wai Hoong, respectively.

Sharp Electronics Malaysia Sdn Bhd launched its new product range for the coming year and reaffirmed the company’s focus on technology and innovation in line with its consistent brand direction.

As a prominent player in the consumer electrical industry, Sharp has been a major innovator in the LED TV technology, particularly in the 8K segment.

More than 2,000 cyclists from all walks of life converged in the heart of Kuala Lumpur yesterday for the fourth edition of the 42km OCBC Cycle KL 2018, spanning two loops of a 21 kilometre stretch across some of the capital’s most iconic landmarks in the city centre.

OCBC Cycle KL 2018 is title-sponsored by OCBC Bank (Malaysia) Berhad and organised by Multigreen Events.

Tuesday, 13 November 2018

KIP Group Partners with QSR Brands

Property developer Kepong Industrial Park Group of Companies (KIP) signed two Memorandum of Understandings (MoU) with QSR Brands Holdings Bhd as an extension to the strategic partnership between the two parties to provide the convenience of KFC drive-thru restaurant service at KIP Group’s retail outlets that would potentially boost occupancy rates, and earnings in the future.

Most recently in October 2018, KIP REIT and QSR Brands have formed its first strategic collaboration via a tenancy agreement to establish a KFC restaurant with a built-up area of 2,717 sq ft at one of its community-centric hybrid retail centres, KIP Mart Kota Tinggi, Johor.

Recently marks a momentous occasion for pizza lovers and flight users all over Sabah. Domino’s Pizza and MASwings Sdn Bhd inked a Memorandum of Understanding (MoU) for various initiatives to be undertaken in collaboration especially for the land below the wind.

The MoU is part of Domino’s efforts to spread its love to the people in Sabah, not only in Kota Kinabalu where it currently has three stores but to provide a pizza experience to those travelling to other cities from Kota Kinabalu such as Sandakan and Lahad Datu.

United Overseas Bank Limited (UOB) and Grab yesterday announced they have entered into a strategic alliance to accelerate the use of digital services among ASEAN’s growing base of digital consumers.

The alliance will enable UOB to deliver financial services to Grab’s ASEAN-wide user base and to accelerate the Bank’s efforts to meet the needs of the region’s fast-growing ‘mobile-first’ and ‘mobile-only’ consumers. It will also pave the way for Grab to offer directly from its app a number of payment solutions from the Bank’s holistic suite.

The Malaysian REIT Managers Association (MRMA) applauds the measures announced in Budget 2019 which augur to propel growth of Malaysia’s real estate investment trust (REIT) market with positive spillover to the capital market in the country.

The proposed world’s first Airport REIT is a strategic way to unlock the country’s aviation infrastructure value, creating a sustainable structure to fund the airports’ future capital expenditure and expansion as well as igniting capital market interest. The Government hopes to raise RM4 billion from disposal of a 30% stake in the Airport REIT. Imputing a certain leverage level, the property value for the REIT is estimated to be just below RM20 billion that is to be injected into the proposed REIT. This may position the REIT as one of the largest REITs in Malaysia (M-REITs) and simultaneously boost M-REITs combined property value by 35% to above RM70 billion.

Ground Team Red Sdn Bhd (GTR) has unveiled its control centre for ground handling services in Kuala Lumpur International Airport 2 (klia2), the first of its kind in Malaysia.

The airport control centre was officiated by the Minister of Transport Loke Siew Fook, along with AirAsia Executive Chairman Datuk Kamarudin Meranun, AirAsia Group CEO Tan Sri Tony Fernandes, GTR Chairman Bo Lingam, GTR CEO Kevin Chin, AirAsia Malaysia CEO Riad Asmat, AirAsia X Malaysia CEO Benyamin Ismail and Malaysia Airports Holdings Berhad Acting Group CEO Raja Azmi Raja Nazuddin.

Fraser & Neave Holdings Bhd aims to solidify its commitment to sustainable growth and profitability through continued emphasis on driving innovation and capability building.

As Malaysia’s leading food and beverage manufacturer and distributor, F&NHB is ramping up its product offerings to quench growing consumer demand for healthier products and convenience, in tandem with the shifting trend in today’s lifestyles.

Volunteers will have the opportunity to help raise much-needed funds for the purchase of a new ambulance for Community Policing Malaysia (COPs) this December as the Kentang Charity Fun Run 2018 returns.

COP’s founder, Kuan Chee Heng, has been raising funds and awareness on the plight of the needy for years and even earned the moniker ‘Uncle Kentang’, Kuan’s initiatives include the 10-sen Flea Market, 10-sen Ambulance Service, 10-sen Taxi and most recently the 10-sen Library, he has been looking at ways to get more members of the community engaged in his efforts.

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