EXCLUSIVE PRESS News List

Islamic Finance Offers Financial Solutions for Businesses

KUALA LUMPUR, Jan 14 (Bernama) -- The Islamic Finance Rendezvous Series (IFRS) 2019 held at Eastin Hotel, Pulau Pinang today received a notable participation from more than 200 Multi-National Companies (MNCs) and Small Medium Enterprises (SMEs). IFRS was organised to offer suitable financial solutions, provide greater insights and understanding on Islamic financial products and services. The event was officiated by the Chief Minister of Penang, YAB Tuan Chow Kon Yeow.

In his remarks, the Chief Minister of Penang highlighted that the Penang State Government recognises the important role of Islamic banks in Malaysia in supporting businesses including SMEs through the wide–ranging offerings of financial products and services such as term financing, trade financing, overdraft and revolving credit. YAB Chief Minister added that events like IFRS can be the catalyst to fostering the synergy between businesses and the Islamic financial institutions to seize greater growth opportunities.

Blue paper on evaluation of China's cruise ports in 2018 released

BEIJING, China, Jan 14 (Bernama) -- The first blue paper on evaluation of China's cruise ports in 2018 was released in Beijing on Wednesday, aiming to guide China's domestic cruise ports to improve technical facilities, equipment and services and push the cruise industry into a new stage of development.

The report was compiled jointly by China Waterborne Transport Research Institute under the Ministry of Transport and China Economic Information Service (CEIS) under Xinhua News Agency.

BlinQ to launch Luxury E-Commerce into SE Asia

SINGAPORE, Jan 14 (Bernama) -- Seasoned entrepreneur Bob Chua is back with his latest venture BlinQ, focussed on Asia’s booming luxury fashion e-commerce space. After two successful Big Data exits and an IPO on the London Stock Exchange, Chua aims to capture what he believes is a hugely untapped market.

The personal luxury market is currently estimated to be $300bn and will grow to $500bn by 2020. Close to 44% deriving from Asia according to McKinsey’s global fashion report.

PETRONAS Media Statement On The Investment Scam/Phishing Website

KUALA LUMPUR, Jan 11 (Bernama) -- PETRONAS has been made aware of the illegal use of our Company as well as the President and Group Chief Executive Officer’s names and images in the promotion and/or online endorsement titled “PETRONAS Launches New Scheme With 18 Partners. This Can Make You Rich!” on a number of technology investment platforms, such as “Crypto Revolt” and “Bitcoin Revolution”.

We wish to alert members of the public that this is an ongoing scam. The website used a recent media event by PETRONAS to launch a vendor development programme with various industry partners, designed to raise the capabilities of local firms in the oil & gas (O&G) sector. The fake article on the website claimed that PETRONAS was launching new cryptocurrency technology platforms for all Malaysians, promising huge profits upon an investment of USD250. The fake story was accompanied by photographs allegedly depicting PETRONAS and the company’s President & Group Chief Executive Officer speaking about the investment platform.

Human Holdings Expands Japan's Top Robot School for Kids into Southeast Asia, Starting in Singapore

TOKYO, Jan 11 (Bernama) -- Human Holdings Co., Ltd., an operator of the acclaimed robotics school that is one of the largest schools in Japan, has opened its first "robot school" in Southeast Asia, located in Singapore. The new school will follow the mission of these robot schools to discover and develop innovative world-class talent in the fields of artificial intelligence (AI) and robotics. Human Holdings is based in Shinjuku, Tokyo, with Tomonari Sato as president and representative director.

(Logo: https://kyodonewsprwire.jp/img/201812211705-O2-fsDg54ED)

Background
The school's contents, provided by Human Academy Co., Ltd. in the Human Holdings Group under the supervision of ROBO-GARAGE founder Tomotaka Takahashi, cultivate a foundation in computer programming through robot production. Since the first licensee opened in 2009, more than 22,000 children have studied in about 1,300 robot schools. In November 2018, they received recognition as "Japan's Best Customer Satisfaction Award" in the programming education field.

Mary Kay Europe Wins Bronze At 2018 Brandon Hall Group Excellence Awards In Technology

DALLAS, Jan 11 (Bernama) -- Brandon Hall Group, one of the most well-known and established research organizations in the performance improvement industry, recognized Mary Kay with a coveted Brandon Hall Group Bronze award for excellence in the category of Best Advance in Learning Management Technology for External Training.

The award honored the beauty company’s new, innovative Link & Learn
™ global sales education system. A panel of veteran, independent senior industry experts alongside Brandon Hall Group analysts and executives evaluated the entries. The award winners will be honored at the Human Capital Management Excellence Conference hosted by Brandon Hall in West Palm Beach Florida in January.

Press Release - Notice to Dissenting Holders (Hovid Berhad)

FAJAR ASTORIA SDN BHD AND HO SUE SAN @ DAVID HO SUE SAN (COLLECTIVELY, THE "JOINT OFFERORS")

NOTICE PURSUANT TO SUBSECTION 223(2) OF THE CAPITAL MARKETS AND SERVICES ACT, 2007 ("CMSA") IN RESPECT OF THE VOLUNTARY TAKE-OVER OFFER BY FAJAR ASTORIA SDN BHD AND HO SUE SAN @ DAVID HO SUE SAN (COLLECTIVELY, THE "JOINT OFFERORS") THROUGH CIMB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN HOVID BERHAD ("HOVID") (EXCLUDING TREASURY SHARES) ("OFFER SHARES") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH OFFER PRICE OF RM0.38 PER OFFER SHARE ("OFFER")

KUALA LUMPUR, Jan 11 (Bernama) --
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as defined in the offer document relating to the Offer dated 5 October 2018 ("Offer Document'))


On behalf of the Joint Offerors, we wish to inform you that in accordance with Subsection 223(2) of the CMSA, the Joint Offerors had on 11 January 2019 served a notice to the Holders who have not accepted the Offer, informing them that they can elect to exercise their rights to require the Joint Offerors to acquire their Offer Shares no later than 5.00 p.m. (Malaysian time) on 8 April 2019, being a date not less than 3 months from the closing of the Offer, on the terms of the Offer or such other terms as may be agreed or as the High Court, on application made to it by the Holders or by the Joint Offerors, think fit to order.