Kuala Lumpur, 4 January - Poptron, a lifestyle social commerce platform today announced a USD 1 million funding from a NASDAQ listed company. This strategic investment will enable Poptron to scale its operations and technology toward being a key regional social commerce platform. Poptron is planning to fundraise the remaining USD375,000 on pitchIN - an equity crowdfunding platform in Q1 2021. 

These investments will be used to develop the platform’s version 2.0, expected to be up in January 2021 as well as expand the team and begin operations in Singapore by Q1 2021.

Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) today informs that two employees based at the branch and direct marketing office at its Jalan Ipoh location in Kuala Lumpur, had tested positive for the novel coronavirus (COVID-19) on 28 and 30 December 2020 respectively. The branch employee had also visited the Bank’s Star Boulevard branch on Jalan Yap Kwan Seng. 

The two cases are unrelated. Both employees are currently pending medical treatment at an appointed government hospital. The affected branch employee has been physically absent from office since 25 December 2020, while the other employee was last at the office premises on 28 December 2020.

MALAYSIA, 29 December 2020 – Collaborative robots – or cobots – remain the fastest growing segment of industrial automation, projected to grow during 2021 – 2026 at a CAGR of 45.45 percent in Asia Pacific. In the global battle against COVID-19, cobots have emerged as a tremendous force and are no longer seen as a niche product in Malaysia. UR foresees cobots to grow exponentially in the near future, bolstering UR's presence in Malaysia.

“As Malaysia continues to explore the use of the man-machine combination in various industries, manufacturers should be prepared to adapt and leverage the unique capabilities of cobots. As a pre-eminent leader in the ASEAN region, Universal Robots will continue to drive the development and adoption of cobots to help businesses in Malaysia embrace automation, reaping the benefits of increased collaboration and efficiency,” James McKew, Regional Director of Asia-Pacific in Universal Robots.