Tuesday, 18 August 2026 Stay informed. No noise.

Author: admin

Chin Hin Group Property Announces Landmark Joint Development in Johor Bahru with Atlan Holdings Berhad

Posted on by admin

Chin Hin Group Property Berhad (CHGP) is pleased to announce that its wholly-owned subsidiary, Chin Hin Property (Stulang) Sdn Bhd (CHPSSB), has entered into a joint development agreement (JDA) with Atlan Holdings Berhad, through its indirect subsidiary Kelana Megah Sdn Bhd (KMSB). This strategic collaboration will lead to the development of a landmark mixed-use project in Johor Bahru, further expanding CHGP’s presence in this key growth area.

The development will take place on a 4.29-acre (approximately 17,342 square meters) parcel of leasehold land in Johor Bahru, Johor. With an estimated gross
development value (GDV) of RM478.42 million, the development will comprise two blocks of serviced apartments featuring 1,260 residential units, 10 retail lots, and multi-storey car parks.

A Vision for the Future of Johor Bahru
This development embodies a strategic partnership between CHPSSB and KMSB, aimed at crafting modern and dynamic urban spaces that address the evolving demands of Johor Bahru’s residents. By integrating innovative design with functional living, this project will set a new standard for urban development in the region.

“This joint venture with Kelana Megah Sdn Bhd is a significant step in our mission to deliver high-quality developments in key locations. Johor Bahru stands out as an important area for our growth, and this project is a landmark achievement as we introduce premium lifestyle residential and retail spaces to the region,” said Mr. Chiau Haw Choon, Group Managing Director of CHGP.

Strategic Partnership with Atlan Holdings Berhad
Atlan Holdings Berhad, through its indirect subsidiary Kelana Megah Sdn Bhd, brings its extensive property development expertise to this collaboration. Under the JDA, Atlan Holdings Berhad will be entitled to 18% of the total net saleable area (NSA) of the project, reinforcing the mutually beneficial nature of this partnership.

About Chin Hin Group Property Berhad
Chin Hin Group Property Berhad (CHGP), a subsidiary under Chin Hin Group Berhad (CHG), operates as a pivotal entity within the building conglomerate. CHG
offers comprehensive end-to-end solutions encompassing upstream building materials manufacturing and construction engineering to downstream property
development and home & living solutions.

With a rich legacy of excellence, CHGP has firmly established itself as a distinguished player in the property development industry. At CHGP we believe
everyone deserves to experience exceptional living. We pride ourselves on providing high-quality yet affordably priced housing solutions. Our dedicated management is committed to making quality living spaces accessible to a wide range of individuals without compromising on the standards of excellence we are known for.

Operating primarily in the vibrant locales of Klang Valley, Penang and Melaka, our portfolio boasts a series of successfully launched and completed ventures, notably including Ayanna Resorts Residence at Bukit Jalil, Avantro Residences at Bandar Kinrara, Quaver Residence at Sungai Besi, Solarvest Suites at Bangsar South, Dawn KLCC, Crown Penang, 8th & Stellar at Sri Petaling, Aera Residence at Petaling Jaya, G Residence at Kuala Lumpur, and Novum at Bangsar South. These projects are a testament to our commitment to crafting diverse and exceptional living spaces.

About Kelana Megah Sdn Bhd
Kelana Megah Sdn Bhd is a wholly owned subsidiary of Orchard Boulevard Sdn Bhd, which is an indirect subsidiary of Atlan Holdings Berhad. Established in 1988 as Atlan Holdings Sdn Bhd, Atlan was listed on Bursa Malaysia’s Second Board in 1996 and moved to the Main Market in 2009. Atlan focuses on investment holding and providing management, financial, and technical services, while its subsidiaries operate in property investment, hospitality, auto-components manufacturing, and duty-free merchandise trading.

Tanco Strengthens Ties with Chinese Partners to Accelerate Development of Malaysia’s First Smart AI Port in Negeri Sembilan

Posted on by admin

KUALA LUMPUR, 10th SEPTEMBER 2024 – Tanco Holdings Berhad (“Tanco” or “the Group”), a Emerging Malaysian Mid Cap company, has recently participated in the “Malaysia-China Entrepreneurs Exchange Conference” held in Kuala Lumpur on 9th September 2024, in conjunction with the 50th anniversary of China-Malaysia diplomatic relations.

The event was a collaborative initiative to foster deeper economic cooperation between Malaysia and China, focusing on transformative infrastructure projects such as Tanco’s highly anticipated Smart AI Container Port in Negeri Sembilan.

The conference brought together prominent organisations, including the Shanghai Overseas Economic and Technical Promotion Association, Malaysia Overseas Economic and Technological Industrial Development Association and the Malaysia-China Business Council. It served as a platform for promoting bilateral investments, particularly on sustainable development and digital economic cooperation.

Tanco’s Smart AI Container Port was highlighted as a key infrastructure project that will enhance Malaysia’s international trade capabilities. The port, boasting state-of-the-art technology and backed by a 480-acre landbank, will feature natural deep-water access exceeding 21 meters, allowing it to accommodate the world’s largest container ships. This positions Negeri Sembilan as a pivotal maritime hub in Southeast Asia, unlocking significant economic potential for Malaysia’s logistics and industrial sectors.

YB Teo Kok Seong, Negeri Sembilan State Executive Councilor, underscored Negeri Sembilan’s competitive investment environment, citing its geographic advantage as pivotal for Tanco’s port development. 

Mr. Qi Quansheng, Chairman of the Shanghai Federation of Overseas Chinese, emphasised the important role overseas Chinese businesses play in the Belt and Road Initiative (BRI). 

Tan Sri Datuk Seri Panglima Dr. Goh Tian Chuan (Tan Sri T.C. Goh), Chairman of the Executive Committee of the Malaysia-China Business Council, commended the growing partnership between Malaysia and China over the past five decades. 

During the event, Dato’ Sri Andrew Tan Jun Suan, Group Managing Director of Tanco Holdings Berhad, expressed the Group’s vision to create a world-class port that will drive economic growth and technological advancement in Malaysia. 

The project’s strategic location, coupled with Negeri Sembilan’s competitive land prices, makes it an attractive investment destination for both local and international enterprises. The state has already seen over RM2 billion in foreign investments, including notable players like Nezha Automobile, Lee Kum Kee, and Kibing Glass. 

The successful completion of the Smart AI Container Port will mark a significant milestone in Malaysia’s infrastructure development, offering advanced logistics capabilities while promoting sustainable practices. It will also serve as a catalyst for the growth of industrial zones and green technology investments in the region.

As Malaysia and China celebrate five decades of diplomatic relations, the Smart AI Port project underscores the long-standing partnership between the two nations and paves the way for future economic collaborations. Tanco Holdings remains committed to driving innovation and economic growth through strategic partnerships, sustainable practices, and technological advancement.

microLEAP Applauds SC’s Call for Islamic Finance Collaboration to Shape the Future of Islamic Fintech

Posted on by admin

Kuala Lumpur, Malaysia – September 10, 2024 – microLEAP, Malaysia’s prominent P2P financing platform specialising in Islamic financing, welcomes the recent call by the Securities Commission Malaysia (SC) for stakeholders to collaborate in shaping the future of Islamic fintech. As pioneers in introducing both Shariah-compliant and conventional financing on the same platform, microLEAP fully supports SC Chairman Datuk Mohammad Faiz Azmi’s emphasis on leveraging the ethical principles of Maqasid al-Shariah to engage a broader audience. 

microLEAP’s mission is closely aligned with these values, advocating for ethical and inclusive financing while remaining committed to the growth of the Islamic fintech ecosystem. With physical offices in Sabah, Sarawak, Johor, Perak, and Penang, this strategic move underlines microLEAP’s commitment in extending the reach of Islamic financing beyond just the Klang Valley.

In the first half of 2024, 98.7% of the company’s financing notes were Shariah-compliant, showcasing its leadership in this space. microLEAP disbursed RM 46.56 million across 78 notes during Q1 and Q2, and has already disbursed over RM 175 million since its inception. This significant growth reflects the increasing demand for Islamic financing solutions, aligning with the SC’s findings that Islamic ECF and P2P platforms now contribute 24% of total alternative funding, compared to just 8% in 2022.

Collaboration is key to unlocking the potential of Islamic fintech. microLEAP continues its ongoing partnership and collaboration with key government bodies, such as the Ministry of Entrepreneur Development and Cooperatives (KUSKOP), SME Corp, and the Malaysian Technology Development Corporation (MTDC), to advance Islamic finance and ensure greater financial inclusion.

Datuk Mohammad Faiz’s call for a balanced regulatory framework is timely, and microLEAP fully supports the SC’s initiatives to foster innovation while ensuring market integrity. microLEAP embodies this balance, as demonstrated by its reduction in default rates to 0.77%. The platform continues to focus on responsible risk management while delivering strong returns for investors, achieving an average return of 15.1% in the first half of 2024.

As Malaysia’s P2P financing ecosystem continues to grow, microLEAP remains dedicated to contributing to this upward trajectory. Its expansion into underserved areas of Malaysia further reaffirms microLEAP’s dedication to ensuring that all of Malaysia benefit from the potential of Islamic fintech.

“At microLEAP, we believe in taking bold steps toward a more inclusive and ethical financial ecosystem. By partnering with key government agencies and establishing a physical presence in several states, we are breaking barriers and expanding access to Islamic financing,” said Tunku Danny Nasaifuddin Mudzaffar, Founder and CEO of microLEAP. “Collaboration is the cornerstone of progress, and together with our partners, we aim to shape a brighter future for Islamic fintech.”

microLEAP stands ready to collaborate with the SC and other stakeholders to build a robust, inclusive, and ethically-driven financial ecosystem. The company remains steadfast in its belief that small steps can lead to a big impact.

CPI Land Launches Residential Development In The Heart Of Kuala Lumpur

Posted on by admin

Kuala Lumpur, Malaysia, 10 September 2024  – Award- winning CPI Land announced the much-awaited official launch of Tuan Heritag3, the latest development in the distinguished Tuan Series. 

The launch event took place at the Tuan Heritag3 Sales Gallery, ushering in a fresh chapter of urban living, where heritage meets modern elegance. Strategically located in Segambut, Tuan Heritag3 pays tribute to retro glamour while incorporating timeless beauty and sophisticated design, within a Transit-Oriented Development (TOD) area, providing residents with unparalleled access to public transportation and city amenities.

The launch itself was a grand celebration attended by a large crowd of business associates and prospective homeowners. The event unfolded with an array of activities, including a lion dance performance and a Feng Shui Talk by Dato Anthony Cheng from Meta Group. 

CPI Land Chairman, Chung Shan Tat said, “CPI Land is committed to constantly reviewing, adapting, and innovating to meet consumer needs, especially in creating homes that resonate with personal tastes and high expectations. Tuan Heritag3 exemplifies this commitment, offering an elevated living experience that balances heritage and modernity. Tuan Heritag3 is not just a residence; it is a celebration of architectural heritage, thoughtful design, and modern convenience, setting a new benchmark in urban living.”

“In line with the latest market trends, target audience expectations, and industry developments, Tuan Heritag3 brings a fresh and updated concept to urban living. We are excited with this development as it is not just about creating homes but about crafting experiences that resonate with our residents, both now and in the years to come.”

Understanding the needs of contemporary living and equipped with family-centric amenities, such as dedicated parcel and food drop areas, comprehensive recreational facilities, the spaces were designed to enhance the quality of life for residents. Tuan Heritag3 also provides EV charging bays, free Wi-Fi service in co-working spaces, and a shuttle service to the nearest MRT station and shopping areas. These features cater to the dynamic lifestyle of today’s residents, providing comfort, convenience, and connectivity. With a build-up of 820sq ft to 1026sq ft, all units are semi furnished with 3 bedrooms and 2 bathrooms, with the selling price starting at RM 511 400.

About CPI Land

CPI Land is a leading property developer dedicated to creating exceptional residential projects that redefine urban living. With a strong commitment to quality, innovation, and customer satisfaction, CPI Land aims to enhance the way people live, work, and play through its developments. Known for their attention to detail and meticulous craftsmanship, CPI Land continues to shape the landscape of the real estate industry by delivering extraordinary projects that inspire and elevate lifestyles.

For more information, please visit www.cpiland.com

The Haven Resort Announces its Collaboration with TUI Blue

Posted on by admin

On 9 September 2024, The Haven Resort announced its strategic collaboration with TUI BLUE, a leading international hotel chain, to improve the marketing and management of its esteemed property. This marks a new chapter for The Haven Resort in its efforts in delivering exceptional hospitality experiences. This collaboration merges The Haven Resort’s commitment to personalised luxury and TUI BLUE’s innovative approach to modern hotel management. Guests can expect the same warm and welcoming atmosphere, now enhanced by TUI BLUE’s signature touches, including a focus on exceptional services, sustainability, and tailored guest experiences.

The collaboration with TUI BLUE will elevate the quality and service of The Haven Resort and enhance it as a destination that meets the growing demands of today’s global travellers. The partnership with TUI BLUE brings a wealth of expertise, with an emphasis on high-quality service, outstanding dining, and a broad range of leisure activities.

Mr. Peter Chan, CEO of The Haven, says, “I am pleased to announce the collaboration of The Haven with TUI BLUE, Germany. This has come about after 2 years of discussion. With The Haven Resort, we have thus far attracted more than 140,000 foreign tourists from over 100 countries to stay with us in Ipoh. With the branding and expertise of TUI BLUE, we can comfortably expect extensive growth in the years to come.”

Mr. Artur Gerber, CEO of TUI BLUE, says, “It is with immense gratitude and excitement that I stand before you today at this grand opening of TUI BLUE The Haven Ipoh. Today marks a significant milestone and landmark occasion for the TUI BLUE brand as we proudly launch our first TUI BLUE hotel in Malaysia, right here in the enchanting city of Ipoh. I extend my heartfelt thanks to Mr. Chan, whose unwavering belief in our brand has been instrumental in bringing this vision to life. As we embark on this exciting journey together, I am confident that TUI BLUE The Haven Ipoh will set new standards of excellence in hospitality.”

Mr. Jan Noether, Executive Director of The Malaysian-German Chamber of Commerce and Industry (MGCC), says, “”I had in the past passed by Ipoh three times on my way to Penang. It is my first time in Ipoh and I am in heaven! It is really fantastic. I had the pleasure to spend the first hour here with Mr. Chan. This place is really really remarkable.” Regarding TUI, he provides the following information, “TUI is the biggest tour operator in the world. They have 19 million customers a year, 400 over hotels and resorts, 17 cruise ships, 5 airlines with 130 aircrafts, 1,200 travel agencies, and employees all over the world for its operation spans over 140 countries. We are very proud to have TUI BLUE in Ipoh, their very first venture in Malaysia. And I am certain, as part of the Malaysian-German Chamber of Commerce and Industry, that there are more ventures to come. I wish you all the success in your future endeavours.”

Dato’ Rumaizi bin Baharin @ Md Daud, The Mayor of Ipoh, says, “I am pleased to confirm that this partnership marks TUI BLUE’s inaugural entry into Malaysia and Singapore. I am confident that the collaboration between TUI BLUE and The Haven will be highly successful and will pave the way for TUI BLUE’s rapid expansion across Malaysia and Singapore, while The Haven extends its presence to Bintan, Indonesia. I would like to commend TUI BLUE for its astute choice. The Haven Ipoh is an exceptional resort, and Ipoh’s location is unmatched for such a development. Tourist arrivals to Ipoh have been increasing, and with TUI BLUE’s extensive network and connectivity, we anticipate a significant rise in tourism to Ipoh and Malaysia in the coming years.”

He adds, “I fully endorse Mr. Peter Chan’s view that Ipoh is an ideal resort destination. I extend my congratulations to The Haven and TUI BLUE for recognising these benefits and choosing this location to promote your resort globally.”

About TUI BLUE
TUI BLUE offers experience-oriented lifestyle travellers a hotel product tailored to their individual needs – for adults, families or holidaymakers interested in local culture and authentic experiences. BLUE Guides provide great hospitality with a personal touch and the BLUE App offers guests lots of activities at their choice. The experiences are tailored for all ages and range from entertainment in a relaxed atmosphere to a holistic fitness and well-being programme as well as a variety of excursions. TUI BLUE hotels stand for food experiences with a local touch, including authentic regional dishes while also catering for all dietary needs or nutrition plans. The hotel brand has more than 90 hotels worldwide and expanding its portfolio with a strong focus on Asia, the Middle East and Africa. TUI BLUE is a global brand of TUI Hotels & Resorts‘ leading leisure hotel portfolio. This collaboration with The Haven Resorts is the first maiden project into Malaysia and Singapore.

About TUI Group
The TUI Group is one of the world’s leading tourism groups and operates worldwide. The Group is headquartered in Germany. TUI shares are listed in the MDAX index of the Frankfurt Stock Exchange and in the regulated market of the Lower Saxony Stock Exchange in Hanover. TUI Group offers its 19 million customers integrated services from a single source and forms the entire tourism value chain under one roof. The Group owns over 400 hotels and resorts with premium brands such as RIU, TUI BLUE and Robinson and 16 cruise ships, ranging from the MS Europa and MS Europa 2 in the luxury class and expedition ships in the HANSEATIC class to the Mein Schiff fleet of TUI Cruises and cruise ships operated by Marella Cruises in the UK. The Group also includes Europe’s leading tour operator brands and online marketing platforms, for example for hotel-only or flight-only offers, five airlines with more than 130 modern medium- and long-haul aircraft and around 1,200 travel agencies. In addition to expanding its core business with hotels and cruises via successful joint ventures and activities in vacation destinations, TUI is increasingly focusing on the expansion of digital platforms. The Group is transforming itself into a global tourism platform company.

About The Haven
The Haven is an award-winning and unique resort-style hotel situated on the edge of a virgin forest, with an ever-flowing lake and a 280-million-year-old limestone outcrop 15 minutes from the city center of Ipoh, Malaysia. The luxurious resort consists of 150 suites with lavish facilities, including a specially designed seahorse-shaped 5-level swimming pool, 600m jogging track, clubhouse, restaurant, spa, sports facilities and helipad. A place with everything for everyone, The Haven is a sanctuary for those looking to escape the hustle and bustle of city life with activities that cater to families, couples, outdoor enthusiasts, foodies and more.

About The Haven Group
The Haven development is the brainchild of Peter Chan and Amy Lau of The Haven Group of Companies. Boasting over 20 years of experience in property development and operations, they are committed to excellence and building and maintaining relationships. The concept of The Haven is an informal family resort, catering to all ages, all races and nationalities. Security, service, facilities and food are its main emphasis. With its one-of-a-kind location, specially curated offerings and future expansion plans, The Haven aims to champion Perak and Malaysian tourism and boost the local economy by attracting tourists from all over the globe.

 

ACCA and Johor Corporation Sign Letter of Collaboration to Enhance Talent Development and Professional Qualification

Posted on by admin

JOHOR BAHRU, Friday, 6 September 2024: The Association of Chartered Certified Accountants
(ACCA) and Johor Corporation (JCorp) have formalised a strategic partnership with the signing of a
Letter of Collaboration (LoC) aimed at advancing talent recruitment and capacity building within JCorp’s
group. The signing ceremony was held during the visit of ACCA’s Chief Executive, Helen Brand, as part
of her tour of Singapore and Malaysia in celebration of ACCA’s 88th anniversary in this region.

The LoC, signed by Andrew Lim, Portfolio Head of ACCA Maritime Southeast Asia, and Rozaini Mohd
Sani, Chief Financial Officer of Johor Corporation, outlines an agreement to work together on a broader
talent agenda. This partnership focuses on quality recruitment and upskilling initiatives to produce more
professionally qualified accountants within JCorp and its group of companies.

This partnership builds on the decade-long relationship between ACCA and JCorp and continues to
support the development of a skilled and job-ready workforce, positioning JCorp as a leader in talent
development within Malaysia’s dynamic business landscape.

Helen Brand, Chief Executive of ACCA, said: “This collaboration with Johor Corporation reflects our
shared commitment to building a robust pipeline of talent that will drive positive change in the country.
Together, we are nurturing future-ready finance professionals who are equipped with both technical
proficiency and a deep understanding of sustainability and ethical leadership.”

Key areas of collaboration include joint efforts to develop strategies that promote continuous professional development preparing future leaders for successful careers in accountancy and finance. The partnership also emphasises leveraging ACCA’s learning resources and professional networks to support these objectives.

Rozaini Mohd Sani, Chief Financial Officer of Johor Corporation, said: “Our partnership with ACCA
is an important step in enhancing our ability to attract and develop top-tier finance professionals who are
ready to meet the evolving demands of the industry. This aligns with our broader commitment to
excellence in financial management and sustainable business practices.”

About ACCA
We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional
accountancy body providing qualifications and advancing standards in accountancy worldwide.

Founded in 1904 to widen access to the accountancy profession, we’ve long championed inclusion and
today proudly support a diverse community of over 252,500 members and 526,000 future members in
180 countries.

Our forward-looking qualifications, continuous learning and insights are respected and valued by
employers in every sector. They equip individuals with the business and finance expertise and ethical
judgment to create, protect, and report the sustainable value delivered by organisations and economies.

Guided by our purpose and values, our ambition is to lead the accountancy profession for a changed
world. Partnering with policymakers, standard setters, the donor community, educators and other
accountancy bodies, we’re strengthening and building a profession that drives a sustainable future for
all.

Find out more at: www.accaglobal.com

Get Moo-ving with Moomoo MY at the #MerdekaBersamaMoofest: A Journey Towards Financial Independence

Posted on by admin

Get ready to Get Moo-ving with Moomoo Malaysia’s inaugural #MerdekaBersamaMoofest — a three-day celebration of Malaysia’s independence, taking place from 13-15 September 2024 at Pavilion Bukit Jalil!

This exciting event is designed to empower Malaysians to take control of their financial
futures through smart investing, featuring a range of engaging activities and exclusive
opportunities to learn from industry experts.

MooFit Bootcamp and Moomoo MasterClass – Mastering Financial Fitness and App
Expertise
Dive into our MooFit Bootcamp sessions, where seasoned financial experts will guide you
through essential investment strategies, sharing their knowledge and experience to help you
elevate your financial fitness. Whether you’re a seasoned investor or just starting out, these
sessions are tailored to equip you with the skills needed to navigate the investment
landscape confidently.

Don’t miss the Moomoo MasterClass — a deep dive into the moomoo MY app. This session
will provide you with a comprehensive tutorial on maximizing the app’s powerful features,
ensuring you unlock its full potential for smart investing.

Details of the MooFit Bootcamp and Moomoo Masterclass are as follows:

MoomooMoomoo Experience Zone and Finance Fun Zone
Explore the ‘Moomoo Experience Zones’ for an educational journey into the Malaysian, US,
and Singapore markets. This interactive space is designed to provide you with valuable
insights into these key markets, helping you uncover potential investment opportunities. Our
expert team will be on hand to guide you through the process, ensuring you gain a deeper
understanding of market dynamics and how to strategically position your portfolio for
success.

For those who love a challenge, the Finance Fun Zone is the place to be! Engage in
interactive games like the Life Size Financial Freedom Jenga, test your financial knowledge,
and compete for exclusive Moomoo merchandise. It’s a fun and engaging way to learn about
investing, combining entertainment with education in a dynamic and enjoyable setting—you
won’t want to miss it!

#MerdekaBersamaMoofest Campaign Promotions
Join us at our #MerdekaBersamaMoofest event, where Moomoo MY is excited to offer
exclusive promotions and rewards that you won’t want to miss!

What’s in Store?

– Daily Lucky Draws: Stand a chance to win 2 x Free Cisco shares a day + exclusive
moomoo merchandise!
-New Users: Sign up & deposit to win exclusive rewards. Those who deposit
RM30,000 will get RM500 cash + 1 NVIDIA share! Plus, enjoy extra rewards like
cash coupons and merchandise when you sign up at the event.
-Existing Users: Subscribe to Moomoo Cash Plus at the event and get 30 days of
daily rewards worth up to RM60 cash + 8,000 Moopoints!
-Invest in Malaysia’s ETFs: Get cash rewards for ALL buy trades (no minimum!) – be
one of the first 100, 800, or 1,200 to trade and earn RM20, RM15, or RM10
respectively.

Don’t miss out on this chance to boost your financial fitness and celebrate Merdeka with
Moomoo MY! Sign up now and take advantage of these incredible rewards.

Event Details are as below:
Date: 13th – 15th September 2024 (Friday – Sunday)
Time: 10:00AM – 9:00PM
Venue: Pavilion Bukit Jalil, Level 2 (In front of Tsutaya Books)

To join us at the #MerdekaBersamaMoofest and be part of a movement towards financial
independence, kindly visit the link HERE to register your interest!

About Moomoo Malaysia
Moomoo Securities Malaysia Sdn. Bhd. ("Moomoo Malaysia") is a Capital Markets Services
Licence (Licence No. eCMSL/A0397/2024) holder. Moomoo MY is a cutting-edge digital
investment platform designed to empower investors of all levels with professional-grade
tools, in-depth market data, and expert insights. As a subsidiary of a Nasdaq-listed company
and global partner of the NYSE and Nasdaq, Moomoo MY brings world-class financial
technology to Malaysia.

As the largest retail securities firm with the largest number of clients in Hong Kong and
Singapore, moomoo has swiftly become Malaysias No. 1 most-downloaded financial app
since its debut in February 2024 1 . The platforms blend of innovative features and ease-of-
use has earned it numerous international accolades from Benzinga, Fintech Breakthrough,
and more, including Best Trading Technology, Best Investment Research Tech, Best
Trading Platform; awards, and "Best Retail Broker" in Singapore, recognised by the
Securities Investors Association (Singapore).

New Tech And Food Partnerships Announced During New Zealand Prime Minister’s Visit to Malaysia

Posted on by admin

KUALA LUMPUR, 03 September 2024: An exciting era of new collaboration and partnership for Malaysian and New Zealand businesses was launched during an event at the Shangri-La Hotel on Monday.

Attended by the Right Honourable Christopher Luxon, Prime Minister of New Zealand, the event sought to celebrate the strength of the existing trade relationship between New Zealand and Malaysia, while promoting New Zealand’s capabilities in innovation and leading tech solutions and world-class food and beverage.

A total of ten new or expanded partnership agreements between Malaysian and New Zealand companies were witnessed by Mr Luxon, who had earlier come from a meeting with Malaysia’s Prime Minister, Datuk Seri Anwar Ibrahim to further high-level government relations and enhance bilateral trade as part of his two-day visit to Malaysia.

The significant number of partnerships is evidence of the growing relationship between New Zealand and Malaysia, which has seen two-way trade between the two countries nearly double since 2016.

Food and beverage remains New Zealand’s largest export category to Malaysia, with dairy its single biggest export. In the year to March 2024, New Zealand exported NZ$808 million (RM2.2 billion) in dairy products to Malaysia, supplying over 45% of all Malaysia’s dairy imports.

Innovation and technology is growing in prominence as increasing numbers of New Zealand companies partner with Malaysian businesses and New Zealand’s reputation as a hub for world-class solutions grows. In the past ten years, the New Zealand tech sector has more than doubled in size. It is now the fastest growing sector in the New Zealand economy and its second largest export earner after dairy.

Prime Minister Luxon said the event was recognition of the extensive business relationship between Malaysia and New Zealand and the interest in growing trade even further: “Malaysia and New Zealand partner well across the food and beverage and technology sectors, and there is significant potential opportunity to further extend these relationships for mutual benefit,” said Mr Luxon.

“It was exciting to meet with these leading Malaysian companies and see just how well New Zealand can
complement them in their growth aspirations here in Malaysia and further afield,” he said.

Six companies in the food, beverage and agriculture sectors solidified new relationships:

-Alliance – New Zealand’s only 100% farmer-owned red meat co-operative, signed an MoU with Malaysian partner Fatric to expand of the company’s premium lamb and mutton programme in Malaysia. Alliance’s Pukeuri (Oamaru) processing plant is one of just five New Zealand lamb plants licensed to supply Malaysia. The MoU marked more than two decades of collaborative and mutually supportive partnership since 1992.

-New Zealand’s Lincoln University and Universiti Putra Malaysia (UPM) signed a MoU, paving the way
for enhanced research and academic collaboration between the two institutions in the critical areas of
agriculture and food security.

-Leading New Zealand snack company Griffin’s Food Ltd signed an agreement with Malaysian
distribution partner AIT Fine Food to launch its Proper Crisps brand into Malaysia. AIT has been Griffin’s
valued Malaysian distribution and sales partner since 2011 and is the company’s largest distributor in
Asia.

-Comvita – a global market leader in Mānuka honey and bee products – signed an MoU with Big Caring

Group with a view to launching Comvita products into its chain of stores.

-Southern Fresh signed an agreement with Malaysian supplier Agroto Business to launch Southern
Fresh’s premium quality New Zealand produce into the Aeon supermarket chain.

-NIG Nutritionals signed an MoU with Delfi Marketing to expand its existing partnership and formalise
distribution for its high-quality quality nutritional products in Malaysia.

A further four partnerships in the manufacturing, technology and innovation sectors were formalised:

-Hamilton Jet – a global leader in marine waterjet propulsion technology – agreed to formalise supply
agreements with Malaysia’s Gading Marine Industry and Sarawak Slipways to further expand the use
of its pioneering technology in the market.

-Orion Health formalised a partnership agreement with Malaysian healthcare solutions provider MH
Nexus to advance digital health solutions to the local healthcare market in South-East Asia.

-Pacific Edge and Premier Integrated Labs signed an MoU to formalise a distribution and testing
services agreement.

The Prime Minister is joined in Malaysia by the Honourable Melissa Lee, Minister for Economic Development and the Honourable Nicola Grigg, Minister of State for Trade and Associate Minister of Agriculture, along with a 17-strong business delegation representing New Zealand’s top exporters in Malaysia.

As part of the mission, the delegation visited New Zealand’s Skyline Luge in Kuala Lumpur, where the iconic Kiwi attraction was celebrating its 1 millionth rider milestone, just nine months after its Malaysia launch. The delegation also supported a new clinic opening for New Zealand specialist health solutions provider, Fertility Associates in Malaysia.

About New Zealand Trade and Enterprise
Te Taurapa Tūhono | New Zealand Trade and Enterprise (NZTE) is the New Zealand government’s international business development agency. Our purpose is to grow companies internationally – bigger, better, faster – for the good of New Zealand. NZTE uses its extensive knowledge and global networks to help exporters of all sizes make better decisions and connect to the right partners and investors. We connect international businesses and investors with high-value growth opportunities in New Zealand.

Kenanga Group Invests In Helicap To Accelerate Digital Transformation

Posted on by admin

KUALA LUMPUR, MALAYSIA – Media Outreach Newswire – 2 September 2024 – Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga Group” or the “Group”) announced that it has partnered with leading Singaporean fintech firm Helicap Pte Ltd (“Helicap”) in a move to further advance its digitalisation initiatives.

532093 Image 3.jpg 1
The signing ceremony was witnessed by Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank (standing), along with other key representatives. From left: Cheong Boon Kak, Group Chief Financial & Operations Officer, Kenanga Investment Bank Berhad; Datuk Wira Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer, Kenanga Investors Berhad; David Z Wang, Co-Founder & Chief Executive Officer, Helicap Securities; Quentin Vanoekel, Co-Founder & Chief Investment Officer, Helicap Investments; and Jeremy Tan, Co-Founder & Group Chief Operating Officer.

As part of this partnership, Kenanga Group, through a fund managed by its asset and wealth management arm, Kenanga Investors Berhad (“Kenanga Investors”), has collectively taken a stake of 8% (“the Investment”) in Helicap. The Investment forms Helicap’s Series B funding round, which sees Kenanga Group as lead investor alongside Saison Capital Pte Ltd, the corporate venture capital arm of Credit Saison, one of Japan’s largest non-bank financial companies that is listed on the Tokyo Stock Exchange. Subsequently, Kenanga Group’s stake will be further increased in the near future to approximately 10%, making Kenanga Group the largest institutional investor in Helicap.

Helicap, one of the first fintech private investment platforms specialising in the alternative lending space in Southeast Asia (“SEA”), has built its success on a foundation of innovation and technology. Central to its competitive edge is its proprietary credit analytics engine, which stands as the company’s strongest asset.

According to Kenanga Group’s Managing Director, Datuk Chay Wai Leong, the Group distinguishes itself from its peers by leveraging digital technology to elevate its service and solution offerings. “By focusing on digital innovation, we have provided multiple touchpoints to enable our clients to engage with our services more efficiently and effectively. Therefore, our investment into Helicap is a natural progression in our digitalisation journey, as Helicap’s proprietary technology can potentially be embedded into Kenanga’s own lending and investment banking business seamlessly to provide greater loan book transparency and analysis, portfolio and credit risk monitoring and granular-level data to identify nascent opportunities and obtain microeconomic insights”, he explained.

This Investment builds upon Kenanga Group’s broader digitalisation initiatives, following its successful investments into Rakuten, CapBay, Tokenize Malaysia and Merchantrade. These partnerships reflect the Group’s commitment to collaborating with best-of-breed fintech companies that are pioneers in their fields. By deploying first-in-class digital technologies, it aims to continue to enhance its business activities, access new markets, and explore new segments.

The Investment follows the launch of Kenanga Investors’ latest product suite, the Kenanga Alternative Series, which was marked by the introduction of the Kenanga Alternative Series: Income Opportunities Fund in July 2024. It feeds into the Helicap Income Opportunities Fund, an open-ended Asian private credit fund.

Kenanga Investors’ Executive Director and Chief Executive Officer, Datuk Wira Ismitz Matthew De Alwis commented on the expanded relationship with Helicap, stating, “Our enhanced partnership with Helicap will enable us to tap into its global network as a source of offshore capital as well as to facilitate deal co-origination and syndication efforts in both Singapore and Malaysia. Ultimately, we believe this will provide a strategic base for Kenanga Group to build further cross-border collaborative partnerships and capitalise on the dynamic growth in the region, as well as the rising income and affluence among South-East Asian investors”.

From the fintech firm’s perspective, such a collaboration would seamlessly integrate Helicap’s strengths in private credit with Kenanga Group’s brand recognition and operational capabilities, creating a state-of-the-art private credit business. David Z Wang, Co-founder & CEO of Helicap Securities, stated, “We are thrilled to announce our partnership with Kenanga Group, a pivotal step in bringing Helicap’s investment opportunities to the Malaysian market. This collaboration represents a significant milestone as we unite Kenanga’s robust local market presence and billions in assets with an extensive client base with Helicap’s powerful, sector-agnostic, data-driven platform and proprietary analytics technology. As a leader in Asia’s private credit space, Helicap is poised to drive meaningful growth in Malaysia. Our commitment to financial inclusion and innovative investment solutions remains unwavering, as we continue to address the dynamic needs of investors and lenders alike.”

Since its establishment in 2018, Helicap, through its regulated subsidiaries, has deployed almost S$500 million, offering investment opportunities in Southeast Asia to accredited and institutional investors. As a leading platform operator in Southeast Asia, it has strategically focused its investments primarily on financial companies, leveraging its unique credit screening system and enhanced loan structure to deliver stable and consistent returns.

For more information about Kenanga Group, please visit www.kenanga.com.my.

Kenanga Investment Bank Berhad 197301002193 (15678-H)
Established for over 50 years, Kenanga Investment Bank Berhad (“The Group”) is a financial group in Malaysia with extensive experience in equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending and trade financing. An innovative and established home-grown brand, the Group’s digital ambition includes building a robust digital ecosystem that meets the needs of its clients and businesses. Some of its game-changing products include Malaysia’s fully online digital stockbroking platform Rakuten Trade and a fully A.I. robo-advisor, Kenanga Digital Investing. The Group also launched Malaysia’s first securities broking e-wallet, Kenanga Money, paved the way in AI-led Quan and algorithmic trading, kick-started a revolutionary supply chain financing solution for SMEs and made inroads into the digital assets space through its investment in Tokenize Technology (M) Sdn.Bhd. The Group has garnered a host of awards and accolades reflecting its strong market position. It was awarded Highest Returns to Shareholder Over Three Years, Highest Growth in Profit After Tax Over Three Years and Highest Return on Equity Over Three Years by The Edge Malaysia Centurion Club in the Financial Services Category, Best Overall Equities Participating Organisation (Champion), Best Retail Equities Participating Organisation (Champion), and Best Online Retail Participating Organisation (Champion), as well as Best Institutional Derivatives Trading Participant (Champion) and Best Overall Derivatives Trading Participant (1st Runner Up) in the Bursa Excellence Awards 2022. The Group was also accorded the title of Best House, South and Southeast Asia Award in the SRP Asia Pacific Awards 2022.

The Group continues to be a regular and repeat recipient of distinguished industry accolades, such as the Lipper, Fundsupermart and Morningstar awards. Rakuten Trade, Malaysia’s first fully digital securities broker in 2017 via a joint venture with Japanese fintech giant Rakuten Securities Inc was also named Malaysia’s Digital Experience of the Year – Brokerage at the Asian Experience Awards 2022. For its continued efforts towards community outreach and employee volunteerism, the Group was awarded the coveted Bank of the Year Award for Environmental, Social & Governance Excellence, as well as Long-Standing Excellence in Sustainability at Sustainability & CSR Malaysia Awards 2022. The Group is also a Participant of the United Nations Global Compact and adheres to its principle-based approach to responsible business. Today, Kenanga Investment Bank Berhad is an award-winning leading independent investment bank in the country with a continuous commitment towards driving collaboration, innovation, digitalisation and sustainability in the marketplace.

The issuer is solely responsible for the content of this announcement.

Shopee Empowers Over 100,000 New Local Entrepreneurs in 2024

Posted on by admin

KUALA LUMPUR, 3 September 2024 — Shopee’s ‘Sayangi Malaysia, Jom Rai Lokal 2024’1 study reveals a significant milestone in the Malaysian e-commerce landscape: over 100,000 entrepreneurs joined the Shopee ecosystem in 2024. This substantial increase reflects the rising acknowledgement of e-commerce as a vital and sustainable business model in today’s rapidly changing digital market.

 

“The impressive growth of Malaysian entrepreneurs on our platform this year is a testament to their proactive embracing of digital opportunities. Shopee remains dedicated to providing local Malaysian businesses with the essential resources including Affiliate Marketing Solutions, third-party logistics services, and Shopee Live to thrive in today’s competitive e-commerce landscape. We are proud to play a part in the journey for local enterprises to broaden their reach, optimise their operations, and achieve growth in this ever-evolving economy,” said Ming Kit Tan, Head of Marketing and Business Intelligence at Shopee Malaysia.

 

Shopee Live has emerged as a powerful instrument for local entrepreneurs, with a 113% increase in new sellers live streaming in 2024. This rise shows Shopee Live’s growing importance as Malaysia’s go-to platform for live commerce. Local sellers recognise Shopee Live’s interactive features that facilitate direct customer engagement, allowing them to build stronger, lasting relationships. The platform’s ease of entry and real-time feedback mechanisms are proving crucial in helping businesses stand out in a competitive marketplace, create meaningful connections with their customers, and reach nationwide audiences. The adoption of Shopee Live as a key business strategy is clear, with local sellers conducting over 1.4 million livestreams and receiving more than 27 million unique comments from users this year. 

 

Petals Malaysia2, a Selangor-based hair care brand, joined Shopee in 2021 to offer sustainable, wudhu’-friendly, Made-in-Malaysia products tailored to local preferences. Before joining Shopee, their market presence was limited to retail outlets, restricting their exposure and visibility. “Shopee provided access to a vast online audience, significantly expanding our market reach,” said Khairul Azman, Founder of Petals Malaysia. “Shopee Live has also transformed our customer engagement. Through live sessions, we directly interact with shoppers, answer their questions in real time, and effectively showcase our products. This immediate engagement builds trust and drives purchases. We also use live polls and Q&A sessions to involve viewers, gather feedback, and enhance the overall shopping experience.” Petals has sold over 26,000 units of their best-selling halal hair dye ‘Hair Color Shampoo’ since 2021.

 

The study also highlights a 65% increase in Shopee Live sellers from Malaysia’s East Coast, reflecting the platform’s success in helping local businesses expand their reach across the country. This underscores Shopee’s commitment in helping entrepreneurs from less urbanised regions to grow with e-commerce. East Coast sellers are using Shopee Live to build brand loyalty and deepen customer engagement, helping the platform create more opportunities for aspiring business-owners across Malaysia. 

Shopee’s top 500 locally-owned enterprises have achieved an average of 50% year-on-year growth in 2024, demonstrating the platform’s effectiveness in driving business expansion. This success highlights the strength of Shopee’s ecosystem and its role in helping sellers innovate and grow. The ‘Sayangi Malaysia, Jom Rai Lokal 2024’ study also shows Shopee’s commitment to supporting local businesses and growing the digital economy. Shopee continues to be an important partner for homegrown businesses, offering tools and services that help sellers achieve new levels of success.