Sime Darby Industrial Sdn Bhd (SDI) is targeting to capture 15 percent of the market share for 20-tonne excavators in Malaysia by June 2019, following the launch of Caterpillar’s new Next Generation Cat Excavators – the Cat 320 and Cat 320 GC.

The two new excavators, which will be making their maiden entry into the Malaysian heavy equipment market, are the culmination of Caterpillar’s 25 years of research, testing hundreds of machines and reflecting the views expressed by its customers over the years.

Affin Hwang Asset Management Bhd has launched its Affin Hwang Dana Malaysia - a close-ended wholesale fund that seeks to achieve capital appreciation over the three-year tenure of the fund with a 1-year extension option, subject to an early maturity trigger.

The Fund aims to achieve an absolute total return target of 30% during the tenure of the Fund by investing in a concentrated portfolio of domestic equities. To achieve its investment objective, the Fund will employ a flexible approach to asset allocation by investing into a range of asset classes including equities, equity-linked instruments, fixed income, structured products and/or derivatives depending on prevailing market conditions.

Owners of small and medium-sized businesses (SMB) will now be able to drive in-store traffic and increase awareness of their store locations with the launch of the new ad program called Waze Local.

This ad program is similar to seeing physical billboards on the road where the targeted advertisements on the Waze map informing drivers about nearby business and offers.