Kuala Lumpur, 28 February 2022 – Homegrown retail management software company, Web Bytes Sdn Bhd today announced today it has completed the acquisition of its Cambodian reseller, Iter Plus Co., Ltd. The acquisition is expected to boost Web Bytes presence in the ASEAN region with its core cloud-based point-of-sale (POS) offering, Xilnex and contribute to Web Bytes’ 2022 target revenue growth of 25%.
Ooi Boon Sheng, CEO of Web Bytes Sdn Bhd said, “The acquisition marks a new milestone in our growth trajectory as it is our first fully owned overseas branch. We are confident we will be able to continue accelerating our ASEAN expansion with our physical presence now in Cambodia, Vietnam, Thailand and Singapore as well as our established offerings in markets like Australia. We are also excited to welcome into our family, Iter Plus’ clients and executive team, to help take Xilnex to the next level”.
Kuala Lumpur. Mercedes-Benz Malaysia today introduced the most anticipated, all-new Mercedes-Benz C-Class, setting groundbreaking standards in comfort with an array of new features.
Sagree Sardien, President & CEO, Mercedes-Benz Malaysia said, “The C-Class has been our bestselling model to date. Since its introduction as the 190, over 10.5 million Mercedes-Benz C-Class has been delivered globally. Likewise in Malaysia, our customers love this vehicle as we continue to define the standards of comfort and innovation in the premium midsize sedan segment. With the new C-Class, our designers have been tasked to develop a car that combines human-centered innovations with sporty and modern design. Today, we are convinced that we have succeeded in delivering a car where design meets luxury and technology. We are very excited to introduce the new C-Class in Malaysia and with the latest edition, we are taking the next logical step on our road to a digital and sustainable future with a host of innovations that sets the benchmark in this segment.”
KUALA LUMPUR, 28 February 2022 - Automotive leather upholstery maker Pecca Group Berhad (“Pecca” or “Group”) reported an all-time-high quarterly revenue in the second quarter ended 31 December 2021 (“2Q22”), fuelled by stronger sales from its Automotive segment whose clientele include Proton, Perodua, Nissan, Toyota, Peugeot and Volkswagen. Pecca believes that the best is yet to come as major car makers forecast higher sales in 2022, thus creating a greater demand for the Group’s market-leading products.
Pecca recorded a revenue of RM45.2 million in 2Q22, representing an increase of 15% year-on-year (“y-o-y”) from RM39.5 million in the preceding year’s corresponding quarter. The stronger topline was achieved as almost all major geographical markets of Pecca - namely Malaysia, Europe, Oceania and North America – posted encouraging revenue growth.
