XOX Bhd, through its wholly owned subsidiary XOX Pro Sport Sdn Bhd today has finalised its acquisition of Perak FC from vendors Impact Media and Communications Sdn Bhd (IMC). The conclusion of the deal will be subject to certain regulatory terms and conditions precedent which include legal issues which need to be resolved before the full handover is completed.
During the transition period however, XOX in an announcement posted on Bursa Malaysia, stated that it has committed fully into this acquisition and will assume full management and operational control of Perak FC with immediate effect, starting with addressing the issue of unpaid wages.
SHAH ALAM, 21 MAY 2022 – The Selangor State Development Corporation or Perbadanan Kemajuan Negeri Selangor (PKNS) and Universiti Teknologi Mara (UiTM) today inked a Memorandum of Understanding (MoU) to preserve 85.3 acres of the Shah Alam Community Forest (SACF) which is owned by PKNS. Located in Bandar Sierra Alam, the PKNS Community Forest will serve as a green lung and ecological corridor.
“The SACF is a green lung beloved by people of all ages. Recognising this natural treasure’s biodiversity and role in the mitigation of climate change, we believe in doing our part in its conservation. This is in line with PKNS’ efforts to adopt ESG best practices and create a better life for all. We are excited to embark on this partnership with UiTM and hope to inspire industry peers to participate in similar collaborations which produce solutions that benefit the community at large,” remarked PKNS CEO, Dato’ Mahmud Abbas, at the signing ceremony.
NEW DELHI, May 21 (Bernama) -- Tourism Malaysia participates at India’s largest tourism fair, South Asia's Travel & Tourism Exchange (SATTE), for the 18th year in Delhi NCR. The three- day event from 18 to 20 May 2022, is an effort to lure back Indian travellers after the long- awaited reopening of Malaysian borders on 1st April 2022.
At SATTE this year, Tourism Malaysia aims to raise awareness of Malaysia as an ideal holiday destination and instill confidence among Indians to feel safe to visit Malaysia once again. With more than 35,000 visitors expected to attend the event, this will anticipate to increase the number of Indian tourists to Malaysia significantly, as well as encourage greater cooperation between tour operators and members of the tourism fraternity.
