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Media OutReach

Lazada Partners with POP MART to Launch New IP Collectibles and Timed Release of Labubu V3 and Crybaby During Super Brand Day in Malaysia

Lazada’s Super Brand Day (SBD) in Malaysia will launch new IP series such as Twinkle Twinkle and SKULLPANDA, SBD shoppers will enjoy storewide discounts up to 8%. and receive exclusive limited-edition gift-with-purchase while stocks last. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 22 August 2025 – Lazada today announced its partnership with POP MART to launch the brand’s inaugural Regional Super Brand Day (SBD), which will take place in-app across the region starting from Singapore, Malaysia and Thailand on 22 August, followed by the Philippines on 27 August and Vietnam on 28 August. In Malaysia, the celebration begins 22 August, with local fans among the first in the region to get their hands on new collectible IP series such as Twinkle Twinkle and SKULLPANDA, alongside the timed release of hot-selling favourites including The Monsters and Crybaby. To mark the occasion, Malaysian customers can enjoy storewide discounts of up to 8% during SBD, and also redeem exclusive limited-edition gift-with-purchase while stocks last – making this a must-shop event for the country’s fast-growing and vibrant art-toy community. These products will be exclusively available on the POP MART brand store within Lazada’s LazMall during the SBD event in each market. POP MART will also increase its stock levels and scale up visibility on its LazMall storefront to meet fan demand. With targeted vouchers and promotions on Lazada, the collaboration between both Lazada and POP MART aims to draw both loyal fans and first-time collectors into the art toy scene. “We’re thrilled to be partnering with POP MART once more, this time as an eCommerce platform enabler to extend exclusive merchandise for Lazada shoppers. This partnership allows us to combine Lazada’s eCommerce strength with the vibrancy of the art toy community. By making exclusive IP releases more accessible, we hope to connect even more fans across the region to this growing cultural movement,” said Kaya Qin, Chief Executive Officer of Lazada Malaysia. “The ongoing Lazada Runs across different Southeast Asia markets have also been hugely successful, engaging audiences and blending fitness and pop culture in a highly localized and authentic way.” More than just rare finds, the collaboration underscores Lazada’s role in connecting creators, collectors, and communities, while demonstrating the platform’s commitment to supporting creativity and cross-industry partnerships across Southeast Asia. Hashtag: #LazadaMY #Lazada https://www.lazada.com.myhttps://x.com/LazadaMYhttps://www.facebook.com/LazadaMalaysiahttps://www.instagram.com/lazada_my/ The issuer is solely responsible for the content of this announcement. About Lazada Group Lazada Group is Southeast Asia’s pioneer eCommerce platform. For the last 13 years, Lazada has been accelerating progress in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam through commerce and technology. Today, a thriving local ecosystem links about 160 million active users to more than one million actively-selling sellers every month, who are transacting safely and securely via trusted payments channels and Lazada Wallet, receiving parcels through a homegrown logistics network that has become the largest in the region. Launched on the Lazada platform in 2018, LazMall is Southeast Asia’s biggest virtual mall connecting shoppers to over 32,000 leading international and local brands. It sets a new standard in retail, offering consumers the assurance of 100% product authenticity, guaranteed fast delivery and a 30-days return policy. LazMall is the preferred platform for brands and sellers to directly engage and create a customised experience for their customers. About POP MART POP MART is a rising global force in pop culture and entertainment. Our purpose is to celebrate daily moments and inspire through designer toys and fun experiences. Our focus is IP incubation & operations, designer toys & retail, theme parks & experiences, also digital entertainment. POP MART has over 550 stores in 30+ countries and regions, more than 2,500 ROBOSHOPs, and operates across multiple cross-border e-commerce platforms, reaching consumers in over 90 countries. We manage & represent incredible artists from all over the world. Our roster spans dozens of iconic characters, like MOLLY, DIMOO, SKULLPANDA, THE MONSTERS, HIRONO and more. With our IP characters, we create iconic cross-overs. Our mission is to light up passion & bring joy around the world. POP MART is not just a brand, it’s a galaxy of creative possibilities.

Media OutReach

HKIVALAWYER.com Officially Launched|The First Dedicated Debt Restructuring Legal Platform in Hong Kong

HONG KONG SAR – Media OutReach Newswire – 22 August 2025 – In today’s economic climate, both businesses and individuals are facing mounting debt pressures and an increasing need for restructuring solutions. To address this growing demand, HKIVALAWYER.com has been officially launched. This new platform is a joint initiative between hkfindlawyer.com and faatgo.com, bringing together a network of legal professionals specializing in debt restructuring. Its mission is to provide comprehensive, professional, and innovative solutions to help debtors navigate financial challenges and regain stability. Core Vision: Integrating Legal Expertise for Greater Efficiency and Transparency HKIVALAWYER.com connects renowned lawyers and law firms in Hong Kong who focus on a wide range of debt restructuring mechanisms, particularly IVA (Individual Voluntary Arrangements) and DRP (Debt Relief Plans). These two options are often the most effective for individuals struggling with multiple creditors or unsustainable repayment schedules, offering legally structured paths to manage or reduce debt. Through the platform, users can benefit from: Convenient Search and Comparison: A one-stop hub to review different lawyers’ expertise, service focus, and track records in IVA and DRP cases. Professional Matching Services: Automated lawyer recommendations based on users’ financial situations and needs, ensuring that those considering IVA or DRP are connected to specialists with relevant experience. Transparent Information: Access to case studies, FAQs, and detailed comparisons of IVA, DRP, and other restructuring options, empowering debtors to make informed decisions with clarity. Background: Responding to the Surge in Debt Restructuring Needs With ongoing pressures from China’s property sector and a rise in corporate defaults, Hong Kong has seen an increase in high-profile debt restructuring cases such as Evergrande. These have exposed limitations in the city’s current legal framework. Experts point out that unlike London, New York, or Singapore, Hong Kong has yet to establish a comprehensive debt restructuring regime that provides temporary protection and streamlined restructuring procedures. Against this backdrop, HKIVALAWYER.com was established to fill the gap—offering individuals and businesses credible, professional, and practical legal support, especially through IVA and DRP solutions. Expected Benefits and Future Development In the short term, the platform aims to achieve several key milestones: Expand its lawyer directory to include more specialists in IVA and DRP. Launch an online appointment and review system to build transparency and trust. Publish real success stories to enhance public understanding of how IVA and DRP can help restructure unmanageable debts. In the long run, HKIVALAWYER.com seeks to collaborate with legislative bodies and industry associations to advocate for reforms in Hong Kong’s debt restructuring system, alleviating pressure on debtors, supporting businesses in distress, and contributing to economic recovery and social stability. Hashtag: #HKIVALAWYER The issuer is solely responsible for the content of this announcement.

Property

JKR Awards Citaglobal RM168.88 Million Road Upgrade Project

KUALA LUMPUR, Citaglobal Bhd has secured a RM168.88 million contract from the Public Works Department (JKR) to undertake a major road upgrade project in Malaysia. The project, aimed at improving connectivity and enhancing road safety, underscores the government’s commitment to upgrading national infrastructure. Under the contract, Citaglobal will carry out comprehensive road improvement works, including pavement upgrading, drainage enhancements, and traffic flow optimization. The project is expected to not only improve travel efficiency but also support local economic growth by facilitating smoother transport of goods and people. From left: Public Works Department (JKR) director-general Datuk Roslan Ismail, Works Minister Datuk Seri Alexander Nanta Linggi and Citaglobal Bhd executive chairman and president Tan Sri (Dr.) Mohamad Norza Zakaria. A Citaglobal spokesperson said, “We are honoured to be entrusted with this significant project by JKR. Our team is committed to delivering high-quality workmanship while ensuring minimal disruption to road users during construction.” The project is scheduled to commence in the coming months, with strict adherence to safety and quality standards mandated by JKR. The initiative is part of broader national efforts to strengthen infrastructure, particularly in areas experiencing growing traffic volumes and increasing urbanisation. Industry analysts noted that securing such government contracts reinforces Citaglobal’s position as a leading player in Malaysia’s construction and infrastructure sector, demonstrating the company’s technical capabilities and reliability. JKR has stated that the upgraded roads will enhance connectivity across key regions, improve public safety, and support Malaysia’s long-term economic development objectives.

Investment & Market Trends

BSN And Insurer Launch New Product For B40 Segment

KUALA LUMPUR,  Bank Simpanan Nasional (BSN) has partnered with a leading insurance provider to launch a new financial product designed specifically for Malaysia’s B40 income group. The initiative aims to provide greater financial security and protection to households with lower income, who have traditionally faced limited access to affordable insurance solutions. The new product combines basic life coverage with flexible premium options, making it accessible and practical for daily wage earners and low-income families. According to BSN, the product is part of the bank’s broader commitment to financial inclusion and supporting underserved communities. Since its debut in April, Qaseh Setia has provided coverage to more than 20,000 individuals. “Financial security is not a privilege; it should be accessible to everyone,” said a BSN spokesperson. “This initiative ensures that even the most vulnerable groups in society can have a safety net in times of need.” The insurer involved in the collaboration added that the product also includes features such as hospitalisation coverage, personal accident benefits, and simple claims procedures, making it both practical and user-friendly for the target segment. BSN has announced that the product will be available nationwide through its branches and digital platforms, allowing customers to apply easily without extensive paperwork. The move aligns with Malaysia’s national agenda to improve financial literacy and inclusion among the B40 population. Financial experts have welcomed the initiative, noting that tailored products for lower-income groups can play a crucial role in reducing vulnerability and encouraging responsible financial planning. The B40 group, which represents the bottom 40% of Malaysia’s household income distribution, often faces challenges in accessing affordable insurance. This collaboration between BSN and the insurer is seen as a step toward bridging that gap.

Property

MB World Unveils RM2b Heavy Industrial Township In Forest City SFZ

JOHOR BAHRU, Property developer MB World Group Bhd, formerly a listed company, has launched its 732-acre MBW Innexus Industrial City in Tanjung Langsat, Johor Bahru. The project, undertaken by its subsidiary Rising Gateway Sdn Bhd, is a freehold heavy industrial township within the Forest City Special Financial Zone (SFZ), which is part of the Johor–Singapore Special Economic Zone (JS-SEZ). The development carries a gross development value (GDV) of RM2.03 billion. Strategically located, MBW Innexus is just 6km from Tanjung Langsat Port and 14km from Johor Port, with connectivity to Senai International Airport and Singapore’s Changi Airport. To support the development, Rising Gateway has secured a bilateral financing agreement with Maybank Islamic Bhd valued at up to RM635.6 million. At the launch, TM One, the enterprise arm of Telekom Malaysia Bhd, handed over its Smart Industrial Park Blueprint, which will integrate advanced infrastructure such as enterprise 5G, Internet of Things (IoT), AI-powered surveillance, cloud solutions, and ESG-aligned systems. Phase 1 of MBW Innexus, covering 13 industrial plots, is scheduled for completion by the second quarter of 2027. MB World executive director Datuk Rohman Ahmad described the project as a transformative initiative to reinforce Johor’s position as a regional industrial hub. “This development is more than economic growth — it encompasses industrial parks, affordable housing, commercial spaces, and community facilities designed to create real value for local residents and workers,” he said. The launch was officiated by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, who highlighted that MBW Innexus investors stand to benefit from pilot policies under the JS-SEZ aimed at reducing bureaucracy, expediting approvals, and easing immigration, customs, and talent mobility. “Being surrounded by a strong supplier and talent ecosystem will benefit investors like MBW Innexus and its customers,” he said, adding that the project would also spur co-location opportunities for SMEs and MNCs, strengthening supply-chain resilience.

Property

NCT Buys NCT World In RM490.26 Million Deal

KUALA LUMPUR, NCT Alliance Bhd (NCT) has signed a conditional share sale agreement (SSA) to acquire the entire equity interest in NCT World Sdn Bhd (NCT World) for a total consideration of RM490.26 million. Datuk Seri Yap Ngan Choy. In a statement, NCT said the acquisition is expected to be completed in the fourth quarter of 2025 (4Q 2025). The purchase will be settled via the issuance of up to 104.2 million new ordinary shares and 917.2 million new redeemable convertible preference shares (RCPS), both priced at 48 sen per share. “This structure minimises cash outflow and allows NCT to preserve reserves for ongoing and future property development projects,” the company said. NCT added that issuing RCPS will help manage potential earnings dilution, aligning with the timeline needed to realise contributions from NCT World’s projects. The group described the acquisition as a transformational milestone, expanding its portfolio beyond residential and commercial developments into the rapidly growing industrial property segment under NCT World. Key projects under NCT World include the NCT Smart Industrial Park (NSIP) and NCT InnoSphere (NIS). NCT executive chairman and group managing director Datuk Seri Yap Ngan Choy said the deal reinforces the group’s position as a leading Malaysian property developer. “This acquisition consolidates NSIP and NIS under the group, strengthens our industrial property footprint, and provides long-term growth visibility,” he said. “It will expand our landbank to 546.33 hectares, ensuring a strong pipeline through 2030 and beyond, while unlocking immediate profitability from ongoing projects. The transaction will also boost our financial strength, increasing gross development value (GDV) from RM5.36 billion to RM10.17 billion,” he added.

Investment & Market Trends

Ivory Properties Denied More Time By Bursa Malaysia For Regularization Plan

KUALA LUMPUR, Bursa Malaysia Securities Bhd has rejected Ivory Properties Group Bhd’s application for more time to submit its regularisation plan to exit Practice Note 17 (PN17) status. As a result, trading in Ivory Properties’ securities will be suspended from Aug 29, 2025, and the company will be delisted on Sept 3, 2025, unless it files an appeal with Bursa Securities by Aug 28, 2025. Bursa Malaysia said any appeal submitted after the deadline will not be considered. If the company files an appeal within the given timeframe, the delisting will be put on hold until a decision is made. However, trading of its securities will still be suspended from Aug 29. Bursa added that even if delisted, Ivory Properties will continue to operate as an unlisted entity, with the ability to carry on its business, implement restructuring plans, and potentially deliver value to shareholders.

Energy & Technology

EPB Group Seals Partnerships With Shenzhen Honglin And Nidec

GEORGE TOWN, EPB Group Bhd, a leading provider of integrated food processing and packaging machinery solutions, has entered into a strategic partnership with Shenzhen Honglin Machinery Equipment Co Ltd to accelerate automation adoption and market expansion across Southeast Asia. In a statement, EPB said the collaboration will see the establishment of a new entity, Al Medic Device Equipment Supplies Sdn Bhd, in which EPB will hold an 80% equity stake, while Shenzhen Honglin’s major shareholder and director, Fan Yanlin, will retain the remaining 20%. Shenzhen Honglin, recognised for its expertise in robotics, semiconductor software, and automated manufacturing technologies, will provide a platform for localising high-tech equipment solutions. The partnership is set to expand EPB’s automation capabilities and diversify its machinery portfolio for the food processing sector. “This includes integrating robotics and artificial intelligence (AI)-driven systems to enhance efficiency, hygiene, and production precision — critical requirements for manufacturers across the region looking to modernise their operations,” the statement said. In addition, EPB announced a sustainability-focused technology collaboration with Nidec Corporation, a global leader in motor and drive technology. This initiative will focus on integrating variable frequency drives (VFDs) into EPB’s core machinery offerings, strengthening both energy efficiency and ESG commitments. According to EPB, the adoption of VFDs is expected to lower energy consumption, reduce wear and tear on machinery, extend equipment lifespan, and help customers reduce operational costs. EPB Group managing director Yeoh Chee Min said the partnerships mark two important milestones that reflect the company’s long-term commitment to innovation and sustainability. “Our collaboration with Shenzhen Honglin positions EPB at the forefront of robotics and automation in the region, while our partnership with Nidec enhances the energy efficiency of our machinery and reinforces our ESG agenda,” he said. “With Nidec’s extensive global network, our customers will also benefit from faster, more reliable after-sales service and support through local agents, ensuring peace of mind and uninterrupted operations,” he added. Meanwhile, EPB is in the midst of a major expansion of its Penang operations, having recently acquired 3.173 hectares of land adjacent to its current facility. The new site will house a state-of-the-art factory, showroom, and corporate headquarters. The integrated facility will also serve as the hub for advanced manufacturing and research and development under its partnerships, supporting EPB’s growing automation portfolio and enabling large-scale, high-volume project deliveries across Southeast Asia.

Media OutReach

Slim Down Server Maintenance Time with Southco’s New Rack Attach

HONG KONG SAR – Media OutReach Newswire – 22 August 2025 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has introduced RA Rack Attach to the server industries. RA Rack Attach As the race for the best AI technology heats up, manufacturers are turning to liquid immersion cooling to stabilize the servers of the future. While this technology provides far superior cooling properties compared to traditional fans, it also brings a new set of challenges, particularly around maintenance. Server blades are packed extremely tightly in a small space and immersed in liquid coolant, which can make it difficult to remove a single blade for service. During maintenance, screws can be dropped and lost in the enclosure and hands can slip on slick metal as technicians try to lift heavy, liquid-covered hardware. These mishaps risk costly damage to server blades, and more importantly, loss of server uptime. In this AI race, the more time you spend running the better off you are, and every second counts. That is why Southco is introducing the RA Rack Attach. The RA Rack Attach replaces traditional screws that normally secure a server blade to a rack. Instead, those screws are used to attach the RA to the blade, and an integrated pawl secures the blade to the rack. This pawl retracts when a technician presses an integrated trigger in the Rack Attach handle, providing easy release from the rack, and a secure grip for the technician as they lift out the blade in one fluid motion. No more screws slowing down maintenance, and increased uptime for servers as they support the tech of the future. While space is at a premium in these liquid cooled server racks, the RA Rack Attach barely takes up any. The device is only 7mm thick, but its steel construction enables it to support 50kg of weight. Technicians get a strong, ergonomic grip with barely any space used by the Rack Attach. These features drastically decrease maintenance time and risk of damage and injury to technicians. Implementing the Southco RA Rack Attach means lower costs, increased uptime, and a leg up in the race to power the technology of the future. For more information about the RA Rack Attach, please visit www.southco.com or email the 24/7 customer service department at [email protected]. Hashtag: #southco The issuer is solely responsible for the content of this announcement. About Southco Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

News

CelcomDigi CEO Idham To Step Down

PETALING JAYA, Datuk Idham Nawawi will step down as Chief Executive Officer (CEO) of CelcomDigi Bhd at the end of his term on Aug 31, 2025, the company announced in a statement. Datuk Idham Nawawi. Idham, who has led CelcomDigi since its formation following the landmark merger between Celcom and Digi in 2022, is leaving the role for personal reasons after serving three years at the helm. To ensure a smooth transition, Idham will continue to serve as an adviser to the board until Nov 30, 2025, providing guidance and support to the leadership team. CelcomDigi has appointed Deputy CEO Albern Murty as acting CEO effective Sept 1. Albern will take on this responsibility in addition to his current role. Before the merger, he served as CEO of Digi.Com Bhd and has over two decades of experience in the telecommunications industry. Idham, who first joined Celcom Axiata Bhd (now Celcom Bhd) on Sept 1, 2018, has been credited with leading the company through a critical period of transformation and spearheading the successful integration of Celcom and Digi. Under his leadership, CelcomDigi strengthened its market position and enhanced its digital and network capabilities, laying the foundation for the company’s next phase of growth. CelcomDigi expressed its appreciation for Idham’s contributions, highlighting his role in shaping the merged entity and driving innovation in Malaysia’s telco industry.

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