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eefit Returns to the International Academic Stage — Patented Far Infrared Technology Praised by Nobel Laureate and Renowned Scientists

HONG KONG SAR – Media OutReach Newswire – 12 August 2025 – With a rapidly increasing aging population, chronic non-communicable diseases and sub-health problems faced by middle-aged and elderly people have become even more prominent. Modern medicine has standardised our current diagnosis and treatment system, especially in the intervention of acute symptoms and pathological control. However, in the face of health needs such as long-term management of chronic diseases and conditioning of sub-health problems, which require a “holistic view” and “continuous repair”, its limitations in areas such as healthcare, functional restoration, and improvement of quality of life are gradually becoming apparent. In the context of improving the lifestyle and functional regulation of middle-aged and elderly people, we seek to help improve their health in a gentle and sustainable manner by exploring new health protection paths outside of traditional medicine. ​​“The 9th Young Scholars Conference on Ion Channels and Receptors & Forum on Biophysics and Innovative Drug Discovery” was held in June 2025. As a leading energy healthcare technology company, “eefit” became the focus of the event, revealing to the world the innovative application of their patented far infrared technology in healthcare, with results verified by internationally renowned academics and authorities. The benefit provides systematic health management solutions for the middle-aged and elderly population through non-invasive and non-drug methods, creating a new chapter in health technology. Recognized by Nobel Laureate and Renowned Scientists, eefit Far Infrared Technology is Acclaimed by International Authorities Organized by the Macau University of Science and Technology (M.U.S.T.), this forum brought together experts in various disciplines from around the world, including neuroscientists and biophysicists. In attendance was 1991 Nobel Laureate in Physiology or Medicine Dr. Erwin Neher, who attended the event as the keynote speaker. It’s worth noting that eefit has been collaborating closely with “Dr. Neher’s Biophysics Laboratory for Innovative Drug Discovery” since 2021, promoting transformative scientific research in far infrared technology. On a similar note, Prof. Vincent Wong of M.U.S.T. (among the top 2% of scientists in the world) introduced the significant effects of eefit’s patented far infrared technology in improving intestinal microecology, regulating cell immunity, and alleviating symptoms of rheumatoid arthritis. His team’s latest research has confirmed that this technology not only can enhance cerebral blood flow and reduce brain damage in patients with ischemic stroke but can also provide an innovative solution for rehabilitation treatment. Far Infrared Technology is Changing Our Lives eefit Has Constructed an All-encompassing “Prevention + Maintenance + Restoration” Health Management System The middle-aged and elderly population is plagued by health issues, such as chronic pain, sleep disorders, immune system disorders, and Alzheimer’s disease. eefit provides comprehensive solutions to address these issues through developing innovative healthcare products. At the forum, experts gathered at the booth set up by eefit to experience firsthand how technology redefines the health management of the elderly. Case 1: Disease prevention – protecting brain health at the source eefit’s patented technology reduces the risk of Alzheimer’s disease by reducing Aβ deposits and abnormal tau proteins. The latest research paper presented on-site showed that eefit far infrared energy can penetrate the blood-brain barrier, intervene in pathological protein aggregation, and build a strong line of defense for brain health. Case 2: Brain healthcare – improving stroke sequelae and neurological function For patients suffering from sequelae of stroke, eefit Luminous Energy Helmet and Meridian Pro Illuminator can promote microcirculation in the head and improve cerebral blood flow. The research conducted by the research team of Prof. Vincent Wong has confirmed that this technology can reduce stroke sequelae symptoms and dizziness. An expert user at the forum excitedly shared his feedback, “I am a loyal fan of eefit products. I wear the Luminous Energy Helmet for 20 minutes daily. After one month, I find my memory improved, and I don’t get dizzy as often.” Case 3: Chronic pain management – quick relief for joint and muscle pain In the field of pain management, products like EEFit Lite can accurately irradiate pain points and inhibit the release of inflammatory factors. Experts verified that “10 minutes of irradiation can reduce knee pain on a pain scale from 6 to 3, with effects lasting for more than 2 hours”. Case 4: Sleep quality – natural relief for nervous system eefit far infrared technology can relieve insomnia by regulating nervous system functions. eefit data shows that after daily use for 2 weeks, over 80% of users experienced a 50% reduction in the time they took to fall asleep, as well as an increased duration of deep sleep. Case 5: Digestive system repair – two-way regulation of intestinal microecology eefit far infrared energy achieves two-way regulation of gut microbiota in an innovative manner by inhibiting the excessive proliferation of pathogens while promoting the growth of beneficial bacteria and regulating the imbalance of intestinal microecology. Experimental data shows that after two weeks of intervention, the alpha diversity of gut microbiota (Chao1 index) increased by 30%, and abdominal bloating decreased by 45%. Nobel Laureate Dr. Neher and Prof. Vincent Wong expressed that the eefit technology system demonstrates innovation and practicality at the international forefront, establishing a new model for the health management of the elderly. Integrating Industry, Academia and Research: Innovative Paths Leading Industry Development eefit first introduced far infrared technology into health management through independent technology R&D and commercialization execution, which then attracted collaboration with reputable scientific research institutions. This closed-loop ecosystem of “Demand-Driven Innovation” demonstrates benefit’s ability to focus on the core benefits of products by starting from users’ pain points then feeding back technological improvements into scientific research. At the forum banquet, eefit’s Founder and Chairman Prof. Nick Wang remarked, “We are honoured, looking back on our eight-year partnership between eefit and the research laboratory. This period of collaboration with deep integration of industry, academia and research has not only pioneered groundbreaking research but also produced fruitful scientific and technological achievements.” He emphasized that eefit has always been “user demand-oriented” at its core, by first verifying the value of technology through market research

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Capella at Galaxy Macau Offers Exclusive Previews to the Luxury Resort’s Most Distinguished Clientele

Previewing the Glittering New Landmark, Galaxy Macau celebrates its unwavering commitment to the craft of ultra-luxury hospitality at Asia’s Award-Winning Integrated Resort MACAU SAR – Media OutReach Newswire – 11 August 2025 – In a move which promises to redefine the contours of luxury hospitality in Asia, Galaxy Macau announces the soft opening of Capella at Galaxy Macau. This meticulously conceived property brings with it an ethos of crafted luxury, cultural authenticity and highly personalized service. The porte cochère signals the entrance to Capella at Galaxy Macau, where discerning guests can expect to encounter the ultimate expression of handcrafted elegance, bespoke luxury and refined hospitality. This eagerly anticipated exclusive private preview of Capella at Galaxy Macau for the luxury resort’s most distinguished VIPs, is offering stays and previews of its food and beverage concepts by invitation only. As Asia’s entertainment capital enhances its contemporary lifestyle offering as a global center of UNESCO World Heritage and sensory fusion, the arrival of Capella at Galaxy Macau marks a bold new chapter in the city’s rich history, one that thoughtfully aligns with the evolving needs of the discerning global traveler. Designed by dynamic French interior architects Moinard Bétaille – whose clientele includes the world’s leading luxury maisons, palaces, museums and private residences, such as Cartier, Grimaldi Forum, the Monte-Carlo Cigar Club and Opéra Garnier – the 17-storey property has been seamlessly integrated into the Galaxy Macau luxury resort’s ‘house of brands’; nestled alongside the world’s largest collection of luxury hotel brands held under one sphere of influence. Behind the gilded façade lies 95 signature suites and private, infinity-pool Capella Penthouses, which invite guests to unwind within sensory spaces infused with tropical splendor and a tapestry of high art and Michelin ambitions. Together, they catapult Macau’s living heritage into a new era of contemporary sophistication. Spacious, light-filled Capella Penthouses feature private balconies with transparent, infinity-edge pools that invite guests to unwind overlooking panoramic views of Macau’s glittering architecture. Discerning guests of Capella at Galaxy Macau can expect to encounter the ultimate expression of handcrafted elegance, bespoke luxury and refined hospitality courtesy of Capella Hotels and Resorts, voted the “No.1 Hotel Brand in the World” in Travel + Leisure’s World’s Best Awards for the third consecutive year. This exclusive glimpse of Capella at Galaxy Macau marks a new era of ultra-luxury hospitality; offering new possibilities for distinguished stays at the luxury resort. Underpinned by Galaxy Macau’s signature ‘World-Class Asian Heart’ service philosophy, Capella at Galaxy Macau reinforces the city’s status as a ‘World Center of Tourism and Leisure.’ Hashtag: #GalaxyMacau The issuer is solely responsible for the content of this announcement. About Galaxy Macau Integrated Resort Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meters of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau and Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate. As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau. For more details, please visit www.galaxymacau.com About Capella Hotel Group Capella Hotel Group is a leading hospitality management company specializing in luxury hotels, resorts, and serviced residences. Based in Singapore, the rapidly expanding group has two brands under its portfolio and properties across eight destinations. The award-winning Capella Hotels and Resorts is renowned for its service excellence, crafted luxury design and immersive experiences celebrating the locale, while Patina Hotels & Resorts is the group’s transformative luxury brand pioneering a fresh perspective in luxury hospitality. For more information visit www.capellahotelgroup.com. About Capella Hotels and Resorts The Capella Hotels and Resorts constellation consists of properties located in Singapore, Sydney, Ubud, Bangkok, Hanoi, Shanghai, and Hainan. Future openings include exciting destinations such as Macau, Kyoto, Seoul, Riyadh, Nanjing and Shenzhen. The exceptional hospitality brand, taking its name from the brightest star of the Auriga constellation, shines a spotlight on local heritage, culture and community whilst crafting authentic guest experiences with

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Sunlight Real Estate Investment Trust (“Sunlight REIT”) Interim Results for the Six Months Ended 30 June 2025

HONG KONG SAR – Media OutReach Newswire – 11 August 2025 – Henderson Sunlight Asset Management Limited (the “Manager”) announces the interim results of Sunlight REIT for the six months ended 30 June 2025 (the “Reporting Period“). Sunlight REIT recorded a 4.8% year-on-year decline in revenue to HK$391.2 million for the Reporting Period. Net property income was down by 5.4% to HK$307.4 million and the cost-to-income ratio was 21.4%. Distributable income was relatively sturdy with a mild drop of 1.8% to HK$168.6 million, reflecting the positive impact from an approximately 14% savings in cash interest expense to HK$91.5 million. The Board has resolved to declare an interim distribution per unit of HK 9.1 cents, representing a payout ratio of 93.8% and an annualized distribution yield of 8.1% based on the closing price of HK$2.26 on the last trading day of the Reporting Period. At 30 June 2025, the appraised value of Sunlight REIT’s real estate portfolio was HK$17,630.5 million. Total assets stood at HK$18,220.2 million, while its net assets attributable to unitholders came in at HK$12,634.1 million, implying a net asset value of HK$7.27 per unit. Operating Highlights The overall occupancy rate of Sunlight REIT’s portfolio at 30 June 2025 was 89.2% as compared to 91.3% at 31 December 2024, of which the office occupancy rate dropped to 90.0%, while the retail occupancy rate came in at 87.6%. At 30 June 2025, the passing rent of the office portfolio declined mildly by 1.2% from six months ago to HK$31.7 per sq. ft., while that of the retail portfolio was stable at HK$65.5 per sq. ft. At 30 June 2025, the occupancy rate of Dah Sing Financial Centre was 90.6%, while its passing rent remained steady at HK$36.3 per sq. ft. As for the retail portfolio, Sheung Shui Centre Shopping Arcade recorded a lower occupancy rate of 87.0% at 30 June 2025, but its passing rent registered a slight improvement to HK$105.2 per sq. ft. Meanwhile, due to the departure of an education tenant in the second quarter of 2025, the occupancy rate of Metro City Phase I Property slipped to 87.1%, while its passing rent was HK$53.9 per sq. ft. Mr. Au Siu Kee, Alexander, Chairman of the Manager, said, “Hong Kong’s commercial property market has yet to benefit from a more stable economic setting as the ongoing headwinds remain stiff, and the pressure of negative rental reversion is likely to stay. However, we are delighted to report that the refinancing of borrowings maturing in the next 12 months is progressing smoothly with favourable indicative pricing, underscoring the financial strength of Sunlight REIT. In sum, while it is envisaged that operational hurdles are bound to persist, the possibility of lower funding costs may help alleviate pressure on distributable income.” Remarks: Attached financial highlights of 2025 interim results of Sunlight REIT. Financial Highlights of 2025 Interim Results (in HK$’ million, unless otherwise specified) Six months ended 30 June 2025 Six months ended 30 June 2024Note Change (%) Revenue 391.2 411.0 (4.8) Net property income 307.4 324.9 (5.4) (Loss) / profit after taxation (172.2) 79.5 N/A Distributable income 168.6 171.6 (1.8) Distribution per unit (HK cents) 9.1 9.1 – Payout ratio (%) 93.8 90.9 N/A At 30 June 2025 At 31 December 2024 Change (%) Portfolio valuation 17,630.5 17,933.6 (1.7) Net asset value 12,634.1 13,010.1 (2.9) Net asset value per unit (HK$) 7.27 7.53 (3.5) Gearing ratio (%) 27.4 27.0 N/A Note: The comparative figures are derived from the condensed interim financial statements for the 12 months ended 30 June 2024. Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction. Hashtag: #SunlightREIT #REIT The issuer is solely responsible for the content of this announcement. About Sunlight REIT Listed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission, and constituted by the trust deed dated 26 May 2006 (as amended and restated) (the “Trust Deed“). It offers investors the opportunity to invest in a diversified portfolio of 11 office and six retail properties in Hong Kong with a total gross rentable area of approximately 1.3 million sq. ft. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density. About the Manager The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.

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Sunlight Real Estate Investment Trust (“Sunlight REIT”) Interim Results for the Six Months Ended 30 June 2025

HONG KONG SAR – Media OutReach Newswire – 11 August 2025 – Henderson Sunlight Asset Management Limited (the “Manager”) announces the interim results of Sunlight REIT for the six months ended 30 June 2025 (the “Reporting Period“). Sunlight REIT recorded a 4.8% year-on-year decline in revenue to HK$391.2 million for the Reporting Period. Net property income was down by 5.4% to HK$307.4 million and the cost-to-income ratio was 21.4%. Distributable income was relatively sturdy with a mild drop of 1.8% to HK$168.6 million, reflecting the positive impact from an approximately 14% savings in cash interest expense to HK$91.5 million. The Board has resolved to declare an interim distribution per unit of HK 9.1 cents, representing a payout ratio of 93.8% and an annualized distribution yield of 8.1% based on the closing price of HK$2.26 on the last trading day of the Reporting Period. At 30 June 2025, the appraised value of Sunlight REIT’s real estate portfolio was HK$17,630.5 million. Total assets stood at HK$18,220.2 million, while its net assets attributable to unitholders came in at HK$12,634.1 million, implying a net asset value of HK$7.27 per unit. Operating Highlights The overall occupancy rate of Sunlight REIT’s portfolio at 30 June 2025 was 89.2% as compared to 91.3% at 31 December 2024, of which the office occupancy rate dropped to 90.0%, while the retail occupancy rate came in at 87.6%. At 30 June 2025, the passing rent of the office portfolio declined mildly by 1.2% from six months ago to HK$31.7 per sq. ft., while that of the retail portfolio was stable at HK$65.5 per sq. ft. At 30 June 2025, the occupancy rate of Dah Sing Financial Centre was 90.6%, while its passing rent remained steady at HK$36.3 per sq. ft. As for the retail portfolio, Sheung Shui Centre Shopping Arcade recorded a lower occupancy rate of 87.0% at 30 June 2025, but its passing rent registered a slight improvement to HK$105.2 per sq. ft. Meanwhile, due to the departure of an education tenant in the second quarter of 2025, the occupancy rate of Metro City Phase I Property slipped to 87.1%, while its passing rent was HK$53.9 per sq. ft. Mr. Au Siu Kee, Alexander, Chairman of the Manager, said, “Hong Kong’s commercial property market has yet to benefit from a more stable economic setting as the ongoing headwinds remain stiff, and the pressure of negative rental reversion is likely to stay. However, we are delighted to report that the refinancing of borrowings maturing in the next 12 months is progressing smoothly with favourable indicative pricing, underscoring the financial strength of Sunlight REIT. In sum, while it is envisaged that operational hurdles are bound to persist, the possibility of lower funding costs may help alleviate pressure on distributable income.” Remarks: Attached financial highlights of 2025 interim results of Sunlight REIT. Financial Highlights of 2025 Interim Results (in HK$’ million, unless otherwise specified) Six months ended 30 June 2025 Six months ended 30 June 2024Note Change (%) Revenue 391.2 411.0 (4.8) Net property income 307.4 324.9 (5.4) (Loss) / profit after taxation (172.2) 79.5 N/A Distributable income 168.6 171.6 (1.8) Distribution per unit (HK cents) 9.1 9.1 – Payout ratio (%) 93.8 90.9 N/A At 30 June 2025 At 31 December 2024 Change (%) Portfolio valuation 17,630.5 17,933.6 (1.7) Net asset value 12,634.1 13,010.1 (2.9) Net asset value per unit (HK$) 7.27 7.53 (3.5) Gearing ratio (%) 27.4 27.0 N/A Note: The comparative figures are derived from the condensed interim financial statements for the 12 months ended 30 June 2024. Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction. Hashtag: #SunlightREIT #REIT The issuer is solely responsible for the content of this announcement. About Sunlight REIT Listed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission, and constituted by the trust deed dated 26 May 2006 (as amended and restated) (the “Trust Deed“). It offers investors the opportunity to invest in a diversified portfolio of 11 office and six retail properties in Hong Kong with a total gross rentable area of approximately 1.3 million sq. ft. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density. About the Manager The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.

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Focus Point Poised For Strong Q2 Earnings On Robust Optical Sales

KUALA LUMPUR, Focus Point Holdings Bhd is expected to record solid growth in its second quarter (Q2) 2025 results, driven by strong sales in its optical segment, according to RHB Research. The company is tentatively set to release its Q2 results on Aug 19, with net profit projected at RM9 million to RM10 million, in line with both RHB’s and consensus estimates. Focus Point Holdings Bhd is expected to deliver solid growth in its upcoming second quarter (Q2) 2025 results due to a strong sales growth in the optical segment, said RHB Research. “Growth will be supported by robust optical sales, underpinned by effective marketing strategies. While the food and beverage segment remains soft, we anticipate quarter-on-quarter improvement due to post-Ramadan seasonality,” RHB said. RHB remains positive on Focus Point, citing its market leadership and ability to tap into the growing myopic population. It also noted that the group’s valuation remains attractive, given its consistent outperformance of the broader retail sector despite a challenging operating landscape. Management estimates the Sales and Service Tax expansion will increase monthly operating costs by about RM300,000, while additional Employees Provident Fund contributions for foreign workers will have minimal impact, as the company employs around 70 foreign workers. Reflecting the higher cost base, RHB has trimmed its earnings forecasts for FY25, FY26 and FY27 by 4%, 6% and 6% respectively, and revised its target price to 99 sen — implying 11.4 times FY26 price-to-earnings, broadly in line with other consumer retail peers.

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RM90mil Madani Grant Powers Digital Shift For Nearly 39,000 SMEs

JOHOR BARU, A total of 38,804 small and medium enterprises (SMEs) nationwide adopted digital solutions last year under the Geran Digital PMKS Madani (GDPM) scheme, with approved funding amounting to RM89.6 million. Deputy Communications Minister Teo Nie Ching said 2,838 of the beneficiaries were private clinics and pharmacies, accounting for about 19% of such premises nationwide based on Malaysian Medical Association data. “This demonstrates GDPM’s effectiveness in helping SMEs digitalise their services. This year, our focus is on the health sector, with a target of at least 50% participation from private clinics and pharmacies,” she said after launching the Johor leg of GDPM Fest 2025 in Permas Jaya today. For 2025, the government has allocated an additional RM50 million to the programme, with RM30 million channelled to the Malaysian Communications and Multimedia Commission (MCMC) via telecommunications providers to further support SME digital adoption, particularly in healthcare. The GDPM, also known as the Madani Micro, Small and Medium Enterprises Digital Grant, is a government initiative offering matching funds of up to 50% — or a maximum of RM5,000 — for eligible businesses to subscribe to digital services. The scheme aims to boost SME efficiency and competitiveness through technology adoption, in line with the 13th Malaysia Plan’s (13MP) digitalisation agenda. Teo added that digital health records could allow patients to access services across clinics without repeating paperwork, complementing — but not replacing — the MySejahtera platform.

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Madani Grant Helped Digitalise 38,000 MSMEs In 2024: Deputy Minister

JOHOR BAHRU, A total of 38,804 micro, small and medium enterprises (MSMEs) nationwide went digital under the Madani MSME Digital Grant (GDPM) in 2024, with approved funding amounting to RM89.6 million. Deputy Communications Minister Teo Nie Ching said 2,838 of the recipients were clinics and pharmacies, representing about 19% of such premises nationwide based on Malaysian Medical Association (MMA) data. “This achievement proves GDPM’s effectiveness in helping MSMEs embrace digitalisation. This year, we are focusing on the health sector, aiming for at least 50% participation from private clinics and pharmacies,” she said at the GDPM Fest 2025 press conference here on Sunday. Teo said the government channelled RM90 million to the Malaysian Communications and Multimedia Commission (MCMC) in 2024 through telecommunications providers, with almost the entire allocation utilised. For 2025, the Finance Ministry has approved an additional RM50 million, of which RM30 million will be channelled to MCMC to further boost MSME digitalisation. She said the GDPM Fest 2025 reflects the government’s commitment to ensuring MSMEs, especially in the health sector, keep pace with technological progress, in line with the 13th Malaysia Plan. The programme will also be held in Kuantan, Pahang, and Kota Kinabalu, Sabah, supported by the Ministry of Finance, Bank Simpanan Nasional, MMA, Malaysian Pharmaceutical Society, major telcos and digital solutions providers. “We hope more private clinics and pharmacies will adopt solutions through this grant to accelerate their digital transformation,” Teo added.

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F88 officially lists 8.26 million shares on UPCoM

HANOI, VIETNAM – Media OutReach Newswire – 11 August 2025 – F88 Investment Joint Stock Company (F88) on August 8 officially listed over 8.26 million shares for trading on the UPCoM platform. Over 8.26 million shares of F88 was officiallt listed on the UPCoM platform. Photo courtesy of F88 With a reference price of VNĐ634,900 (US$24) per share on its first trading day, F88 now holds the highest market price among all listed companies across Vietnam’s three stock exchanges, marking the beginning of a new chapter in its journey to standardise corporate governance and tap into the domestic capital market. This milestone marks the first time a pawnbroking enterprise in Viet Nam has been publicly listed and traded on the stock exchange. Beyond a significant step toward transparency, F88’s listing sets a new operational benchmark for the legal pawn sector in particular and the alternative finance industry in general – a sector that has long faced negative perceptions and limited access to capital. On May 6, 2025, F88 was officially recognised by the State Securities Commission as a public company and deemed eligible to register for share trading in accordance with legal regulations. At the time of listing, F88’s charter capital stood at over VNĐ82.6 billion, corresponding to more than 8.26 million outstanding shares. The company has also received approval to issue bonus shares from share premium reserves at a ratio of 1,200 per cent, which will increase its charter capital to over VNĐ1.1 trillion. This is an internal capital restructuring activity that does not dilute shareholder equity and is aimed at preparing for the company’s next phase of growth, aligned with its operational scale. “The official listing on UPCoM is not only a development milestone for F88 but also a pioneering move, introducing a new standard of transparency for Vietnam’s alternative finance industry. This is a crucial step in enhancing our ability to access public capital, serving our long-term business goals. F88 clearly understands that entering the capital market is not just about transparency and regulatory oversight – it also serves as a financial catalyst to help us scale, upgrade operations, and get closer to our future target of listing on HoSE,” said Phung Anh Tuan, Chairman of the Board of Directors at F88. According to a special report published by FiinGroup in June 2025, Vietnam’s pawnbroking market had an estimated outstanding loan balance of VNĐ200 trillion (approximately $8 billion) in 2024. Of this amount, “new-generation” pawn enterprises like F88 currently hold a market share of about 3.2%, indicating substantial room for future growth. Another notable trend is that while the number of traditional pawnshops is declining, new-generation pawn outlets – which integrate technology, centralised management and diverse services – are expanding rapidly. To date, F88 operates 888 stores across 34 provinces and cities, accounting for around 70 per cent of all new-generation pawn outlets in Vietnam. The company aims to reach 1,000 transaction points by 2026 and expand to 2,000 stores by 2030. In addition to secured lending, F88 is also accelerating its growth in microinsurance and agent banking services. Through its strategic partnership with Military Commercial Joint Stock Bank (MBBank), F88 is gradually developing a model of “modern financial transaction offices” that provide essential services such as customer identification, deposits/withdrawals, fund transfers, loan referrals, and collection/payment services. F88 is also rapidly pushing digital transformation through its MyF88 platform – a mobile application that recorded over 105,000 online loan customers just two months after launch. By 2026, the company targets to have 80 per cent of transactions conducted digitally, aiming to optimise operational efficiency and enhance customer experience. For 2025, F88 has set a revenue growth target of 33 per cent. In the first half of the year, the company recorded VNĐ1.74 trillion in revenue, up 30 per cent year-on-year. Of this amount, revenue from lending activities reached VNĐ1.5 trillion, growing 28 per cent. Insurance and other services generated VNĐ199.6 billion and VNĐ6 billion, respectively, increasing by 45 and 360 per cent thanks to broader product coverage and effective cross-selling. Total disbursement value reached VNĐ7.1 trillion, up 36 per cent over the same period, while the net write-off ratio (net charge-offs to average outstanding loans) remained at 2.35 per cent. These results brought the company VNĐ321 billion in pre-tax profit – more than triple the figure from the same period last year. Backed by a sustainable operating platform, transparent financials, and a clear digitalization strategy, F88 is steadily strengthening its governance capabilities, refining capital structure, and standardising operations to meet public company standards. The official UPCoM listing represents not only a transformation in capital structure but also reaffirms F88’s pioneering role in shaping a transparent, regulated, and legally compliant alternative finance market where the public can access trustworthy and civilised financial services. Hashtag: #F88 https://f88.vn/english The issuer is solely responsible for the content of this announcement. About F88: Founded in 2013, F88 is a pioneering enterprise in Vietnam’s alternative finance sector, serving customer segments underserved by traditional banks. With a mission to expand access to legal, transparent, and convenient financial services, F88 has steadily developed a modern financial agency model that integrates three core services: secured lending, microinsurance, and basic banking services. Over its development journey, F88 has successfully raised capital from reputable institutional investors such as Mekong Capital, Vietnam Oman Investment, and Granite Oak – enabling the company to grow in both capital and operational scale. As of 2025, F88 operates a network of 888 transaction points in 34 provinces and cities, making it the largest distribution network in Vietnam’s alternative finance sector. F88 has earned recognition through a series of prestigious domestic and international awards, including being named a top workplace in Asia by Great Place to Work. It is also the first and only alternative finance company in Viet Nam to receive the Gold-level Client Protection Certificate (CPC) – the world’s first standard for protecting financial service users. In April 2025, FiinRatings announced it had upgraded F88’s credit rating outlook from “Stable” to “Positive,”

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MOH To Submit Expert Panel’s Vape Ban Proposal To Cabinet

KANGAR, The Health Ministry (MOH) will present an expert committee’s recommendation to ban electronic cigarettes or vape to the Cabinet once its study is finalised, Health Minister Datuk Seri Dr Dzulkefly Ahmad said. Health Minister Datuk Seri Dr Dzulkefly Ahmad: We are committed to this (vape ban), it is no longer a matter of ‘if’. I will present it to the Cabinet for deliberation. He described the recommendation as a crucial step towards implementing the ban. “We are committed to this vape ban — it is no longer a question of ‘if’. I will table the proposal to the Cabinet for deliberation,” he told reporters after launching the Sihat Milik Semua carnival at Dewan 2020 on Saturday. The event was officiated by the Raja Muda of Perlis, Tuanku Syed Faizuddin Putra Jamalullail, with Raja Puan Muda of Perlis, Tuanku Dr Hajah Lailatul Shahreen Akashah Khalil, in attendance. It was held in conjunction with the Silver Jubilee of the reign of the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail. Dr Dzulkefly noted that enforcement of the Control of Smoking Products for Public Health Act 2024 (Act 852) has already produced positive outcomes, with the number of smoking product variants in the market dropping to 2,794 in June from 6,824 prior to the Act’s enactment — a 40.9% remaining rate. “With strict enforcement, I am confident we can effectively regulate the sale of cigarettes and vape. Most importantly, we must shield non-adults, students, and children from exposure to vape,” he said. He added that Act 852 will be enforced firmly to regulate all smoking products, including vape, in the interest of public health.

Investment & Market Trends

DRB-Hicom To Take Over Spirit AeroSystems’ Malaysian Operations

KUALA LUMPUR, DRB-Hicom Bhd has announced plans to acquire the Malaysian operations of aerospace manufacturer Spirit AeroSystems in a deal valued at US$95.2 million (RM426.1 million). Upon completion by year-end, Spirit AeroSystems Malaysia Sdn Bhd will come under the full ownership of Composites Technology Research Malaysia Sdn Bhd (CTRM), DRB-Hicom’s wholly owned aerospace subsidiary. DRB-Hicom described the acquisition as a strategic move to strengthen CTRM’s position in the aerospace sector by expanding its aerostructure capabilities. Spirit Malaysia, based at the Malaysia International Aerospace Centre in Subang — its Southeast Asian hub — supplies key components for major Airbus and Boeing programmes, including the A220, A320, A321, A350, B737 and B787. In 2024, it posted a net profit of RM70.1 million on revenue exceeding RM1 billion. CTRM specialises in composite manufacturing, producing wing components for the A320, A350 and A380, nacelles for the A350, and various aerostructures for the A400M, B737, B787, B767 and B777. The combined operations are expected to deliver greater scale, stronger customer relationships, improved pricing power, and enhanced competitiveness across the supply chain. DRB-Hicom said the integration will also boost CTRM’s ability to secure integrated work packages and new contracts. The acquisition coincides with Boeing’s planned takeover of Spirit AeroSystems’ US parent, while Airbus is set to assume certain Spirit assets tied to its programmes. Should regulatory approvals from the European Commission or US Federal Trade Commission be denied, or if government opposition arises, the seller will pay a US$7 million termination fee. AmInvestment Bank is acting as principal adviser for the transaction. Shares in DRB-Hicom closed unchanged on Monday following the announcement.

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