Hong Kong-based Value Partners Group Limited today announced the establishment of a new office in Kuala Lumpur, Malaysia. The new location is the latest addition to Value Partners’ growing network of offices around the world as the Group expands its global footprint.

Value Partners Asset Management Malaysia Sdn Bhd, the Group’s Malaysia subsidiary, has received approval in principle from Securities Commission Malaysia for a Capital Market Services License for Fund Management.

Datumcorp International Sdn Bhd (DatumCorp), a wholly owned subsidiary of the Perbadanan Kemajuan Negeri Selangor (PKNS) has launched its #DatumHomesforAll campaign, at its Datum Galeria sales gallery located along Jalan U Thant in Kuala Lumpur.

Datuk Menteri Besar Selangor, Amirudin Shari, and DatumCorp chief executive officer, Shytul Shahryn Mohamad Shaari officiated the launch of the campaign.

Malaysia has agreed to nominate experts to sit in the European Commission’s Expert Panel on Indirect Land Use Change (ILUC) that could impact future use of palm oil as part of the biofuel mix within the European Renewable Energy Directive (RED) II.

Minister of Primary Industries, Teresa Kok, welcomes this initiative from the European Commission which will allow cross consultation with palm oil producers, including Malaysian palm oil experts on various key scientific principles under ILUC.