GENERAL

Clarification Regarding Central Global Bhd’s Mou With China’s Huobi Mall for the Development of a Global Data Centre in Malaysia

 |  Wednesday, 16 June 2021 11:31  |  Published in GENERAL

KUALA LUMPUR, 16 JUNE 2021 – Main Market-listed Central Global Berhad (“CGB” or “Company”) wishes to clarify that the information published in several news journals in China regarding a strategic partnership/Memorandum of Understanding (“MOU”) between the Company and/or its subsidiary, CIC Construction Sdn Bhd and Huobi Mall to build a Global Data Base Collection Centre in Malaysia is inaccurate.

CGB’s Executive Chairman Dato’ Faisal Zelman said: “We are indeed in discussion with Huobi Mall on the possibility of collaborating on the construction of a proposed data base collection centre in Malaysia. However, we are still in the midst of evaluating the viability of the aforesaid project and have yet to sign a MOU or any other forms of agreement with Huobi Mall in this regard. We will make further announcements as and when there are any significant developments on this matter.”

First Realstudio Officially Established in Malaysia With the Latest Fashion Trends

 |  Wednesday, 16 June 2021 11:27  |  Published in GENERAL

PETALING JAYA, 16th June 2021 — realme has officially introduced realstudio as its young, trendy and fashionable sub-brand which is established exclusively in Malaysia. As a tech trendsetter, realme believes in doing two things well which are fashion design and technology. Being a technology brand all these years, the team in realme Malaysia is getting trendier every second, every day and here comes the debut of realstudio with its first realHYPE collection

“Our pure persistent and Dare to Leap spirit has continuously instilled trendy culture into realme’s technology. Today, we are expanding the range of inventions in realme Malaysia through realstudio, a space comprising everything creative, young and stylish to create a smarter and fashionable lifestyle for the young fans. Malaysians can mark your dates and stay tuned for the first drop of realHYPE collection which will be available soon on 18 June 2021,” said Tiffany Teh, Brand Manager of realme Malaysia

MyTukar's Parent Company, Carro Raises Us$360m in Series C Funding Round Led by Softbank Vision Fund 2, Achieves Unicorn Status

 |  Wednesday, 16 June 2021 11:18  |  Published in GENERAL

SINGAPORE, 16 June 2021 – Carro, Southeast Asia’s largest automotive marketplace, today announced that it has raised US$360 million in a Series C funding round led by SoftBank Vision Fund 2, making it the first automotive marketplace unicorn in Southeast Asia. Notable investors in this new round of financing include several prominent Indonesian based funds including EV Growth.

“This is a huge milestone for us. We are grateful for the strong support from our investors, which reaffirms our belief in the transformative power of AI in the automotive industry to deliver exceptional customer experience. As digitalisation shapes the global landscape through new consumer habits and business practices, it is a very exciting time for an end-to-end online car marketplace like Carro.” said Aaron Tan, CEO and Founder of Carro.


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