(L-R) En. Mohamad Salleh bin Mohamad Yusof, Managing Director of TPM Technopark, YBhg Datuk Sr Akmal Ahmad, Director of Johor Corporation’s Real Estate and Infrastructure Division and Chairman of TPM Technopark, YBhg Datuk Syed Mohamed Syed Ibrahim, President and Chief Executive of Johor Corporation, Mr Dave Newitt, Chief Executive Officer of Yondr Group, Mr Aksel Vansten, Acquisition and Development Director for Asia Pacific Region of Yondr Group
MALAYSIA., -- March 30, 2022 -- Yondr Group, a global leader, developer, owner operator and service provider of data centers today announced its entry into the Malaysian market with a planned 200MW hyperscale campus, to be developed on 72.8 acres of land acquired from TPM Technopark Sdn Bhd, a wholly owned subsidiary of Johor Corporation. The land is strategically located in Sedenak Tech Park, a flagship data center complex which spans across 700 acres of land in Johor, Malaysia.
The Sedenak Tech Park, formerly known as Kulai Iskandar Data Exchange (KIDEX), is nestled in the heart of the larger 7,290 acres of Sedenak Technology Valley, an industrial and technology hub comprising of technology-driven developments such as advanced electrical & electronic (E&E), medical device manufacturing, green renewable energy, biotechnology and food tech, among other research and development facilities.
Photo Caption: Signing of the MoU by Woodtrees and Max Capital Management Holding Ltd
Kuala Lumpur, 30 March 2022 - Spurred on by the pandemic over the last two years, warehouse automation has become a hot topic around the world. Woodtrees Sdn Bhd, a warehouse automation solution provider platform, has just recently secured its first private placement worth RM 2 million from angel investor, Max Capital Management Holding Ltd (MCM). Both companies have also inked a Memorandum of Understanding (MoU), to transfer shares to MCM, with the value of RM1.00 per RCPS.
Proceeds from the funding round will be used to support Woodtrees’ overseas business expansion to the Southeast Asian region, namely Thailand, Vietnam, Indonesia, Philippines, Singapore and also China. The funds will also be directed towards its research and development efforts to develop newer and more innovative solutions for the warehousing industry. In addition to this injection from MCM, the company is still in the midst of securing further investment interests, from other angel investors and venture capitalists in the region, while actively conducting an equity crowdfunding (ECF) campaign, targeted to raise another RM5 million.
Mr. Murali Velautham, TalentCorp board member (centre), Mr. Thomas Mathew, TalentCorp Group Chief Executive Officer (centre right) with Mr. Soori Bapoo Kuandiah, TalentCorp board member (centre left), Mr. Paul Devaraj Michael, Senior Principal Assistant Secretary, Policy Division, Ministry of Human Resources (far right), and Mr. Mohd Razip Bin Yasin, Head of Unit, Pass, Expatriate Services Division Putrajaya, Immigration Department of Malaysia (far left)
PULAU PINANG, 30 March: Talent Corporation Malaysia (TalentCorp) has opened a new office in Penang, with the aim of strengthening its presence in the Northern region of Malaysia.
Situated in the One Precinct building in Bayan Baru, Pulau Pinang, this is the first branch outside of the Klang Valley for TalentCorp, the national agency under the Ministry of Human Resources mandated to drive Malaysia’s talent strategy.
The opening ribbon-cutting ceremony on March 28, 2022 was officiated by Thomas Mathew, Group Chief Executive Officer of TalentCorp, alongside other members of TalentCorp’s board and senior management team, and industry representatives.
