Tealive operator Loob Holding Sdn Bhd and Chatime Taiwanese owner La Kaffa International Co Ltd have reached an out-of-court settlement on all disputes arising from the Chatime bubble tea brand.

In a joint press statement, they said the settlement agreement was executed yesterday resulted in both parties agreeing to withdraw all proceedings in Malaysian courts as well as arbitration in Singapore.

Organised by the National ICT Association of Malaysia (PIKOM) and supported by the Malaysia Digital Economy Corporation (MDEC), #MYCYBERSALE 2018 is happening from September 3 to 7.

This year, almost 70 per cent of the participating merchants comes from Small Medium Enterprises (SMEs).

Industrial Park Forum for Southern Region was held to address the needs to develop the next generation of industrial parks in Malaysia.

Industrial Park developers are urged to create substantive systemic change to ensure the enhancement and redevelopment of industrial parks in the country are sustainably met.