GENERAL

Ambank Group and Maybank Jointly Enter the Nation's First Overnight Rate, MYOR IRS Trade

 |  Thursday, 20 January 2022 16:51  |  Published in GENERAL

KUALA LUMPUR, Jan 20 (Bernama) -- AmBank Group and Maybank have jointly entered into the first Malaysia Overnight Rate (MYOR) interest rate swap (IRS) transaction. This is the first time that the new reference rate MYOR, which was introduced by Bank Negara Malaysia in September 2021 as an alternative to the Kuala Lumpur Interbank Offered Rate (KLIBOR), is being used for an IRS transaction.
 
The landmark transaction between both banks for a notional value of RM500 million sets a new footprint for further market development towards adopting MYOR as the preferred benchmark for Ringgit cash and derivatives market.

Spritzer Gives New Life to Bottles as Decorations for Chinese New Year

 |  Thursday, 20 January 2022 16:49  |  Published in GENERAL

KUALA LUMPUR/TAIPING, 20 JANUARY 2022SPRITZER (the “Company”) invites visitors to celebrate the Year of the Tiger at the decorated Spritzer EcoPark in Taiping, Perak from 18 January – 18 February 2022.

Thousands of recycled Spritzer Natural Mineral Water bottles have been given new lives as traditional lunar new year decorations such as ingots and ornaments lighting up Spritzer EcoPark and giving cheer to the seasonal celebrations as the Company takes the initiative to encourage and inspire everyone to recycle their waste, including bottles, that can be turned into other uses while helping to keep the environment clean.

Canon Marketing Malaysia Appoints New President & Chief Executive Officer

 |  Thursday, 20 January 2022 16:47  |  Published in GENERAL

SHAH ALAM, 20 January 2022 - Canon Marketing Malaysia today announced the appointment of Mr. Shunji Yoshikai as its new President and Chief Executive Officer effective from January 2022. 

Yoshikai brings with him more than 30 years of experience, with a proven track record in driving business growth and developing strong distribution channels. Hailing from Japan, he has been helming different positions with Canon offices in South Korea, Hong Kong, Singapore, and China. His extensive experience spans sales and distribution, production management and development, and general management in the industry. 


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