KUALA LUMPUR, 20 NOV 2021 - The reopening of the economic sector has not slowed down e-commerce demand. In fact, Shopee has wrapped up its most successful 11.11 Big Sale, with more Malaysians able to enjoy exclusive deals, bigger savings, and the widest variety on the platform.
On 11 November, Shopee users in Malaysia continued to stock up on groceries such as Milo, cereal, instant noodles and fresh fruits and vegetables. More than 1.8 million home improvement and decoration products were also sold on Shopee.
From L-R: Datuk Muhamad Umar Swift, CEO of Bursa Malaysia; Joel Kornreich, Group Chief Executive Officer of Alliance Bank Malaysia Berhad; Dato’ Ong Eng Bin, Chief Executive Officer of OCBC Bank (Malaysia) Berhad.
Wong Chiun Chiek, SEVP, Bursa Data Business, Bursa Malaysia; Fozia Amanulla, Deputy Group Chief Corporate Banking & Business Development Officer, Alliance Bank Malaysia Berhad; Tan Ai Chin, Managing Director, Senior Banker & Head of Investment Banking, OCBC Bank (Malaysia) Berhad.
Kuala Lumpur, 20 November 2021 – Bursa Malaysia Berhad or (“Bursa Malaysia” or the “Exchange”), Alliance Bank Malaysia Berhad (“Alliance Bank”) and OCBC Bank (Malaysia) Berhad (“OCBC Bank”), today entered into a Memorandum of Understanding (“MoU”) to establish #financing4ESG, an initiative aimed at improving Malaysian Public Listed Companies’ (PLCs) ESG adoption practices.
Under the MoU terms, Bursa Malaysia will collaborate with Alliance Bank and OCBC Bank in developing sustainable financing options that recognise PLCs’ ESG credentials in accordance with the FTSE4Good assessment criteria. This will enable PLCs the opportunity to accelerate their ESG adoption while also improving their ESG ratings for inclusion into the FTSE4Good Bursa Malaysia Index, which is the Malaysian capital market’s leading ESG index.
PIC 001: (from left to right) Richard Soo, Project Director of KSK Land; Vincent Tan, Executive Director of KSK Land; Joanne Kua, CEO of KSK Group and Managing Director of KSK Land; Ar. Hud Bakar of RSP Architects KL; Cheah Ham Cheia, Group Managing Director of GDB and; Alexander Lo, Group Executive Director of GDB, at the official topping out ceremony of YOO8 Tower A at 8 Conlay.
Excited about what the future holds for the project, Joanne Kua, CEO of KSK Group and Managing Director of KSK Land said: “We are proud and thankful to have braved through the pandemic and arrived at this important milestone for 8 Conlay without any major accidents or injuries. While the past year was indeed challenging, we observed that there is in fact stronger interest in the local market for branded residences like YOO8 compared to pre-COVID times, while the international market remains engaged. Based on a recent global buyer study, there are now more buyers seeking hotel-integrated residences for their branded services and amenities, high-yield potential and quality property management. As international borders begin to reopen, we look forward to welcoming visitors who are enthusiastic about owning a branded residence to our sales gallery.”
