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Media OutReach

Santa Claus rally 2024: key trends and tips by global broker Octa

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 December 2024 – As the year draws to a close, traders are turning their attention to the Santa Claus rally, a period known for delivering consistent market gains. Kar Yong Ang, a financial market analyst at Octa Broker, explores the rally’s history, key factors, and strategies that enable traders to capitalise on this annual phenomenon. Understanding the Santa Claus Rally The Santa Claus rally refers to a pattern of rising stock prices during the final trading days of December and the first two days of January. Yale Hirsch, founder of the Stock Trader’s Almanac, first identified this phenomenon in 1972. Historical analysis from 1950 to 2022 shows an 80% occurrence rate, with stock prices increasing in 58 out of the 72 years reviewed. While the exact timing of the rally can vary, its strongest impact typically occurs in the last week of December. Some analysts suggest the trend may begin as early as Black Friday, while others link it to increased holiday shopping throughout December. Reasons Behind the Santa Claus Rally Several factors contribute to this seasonal trend: Consumer spending surge. The holiday season boosts retail activity significantly, with companies in essential goods and consumer sectors often seeing their stock values rise. This uptick in sales during Christmas and New Year directly impacts market optimism. Institutional quiet period. Towards the end of the year, many institutional investors take a step back from active trading, creating a less volatile environment dominated by retail traders. This shift often injects positivity into the markets, as retail investors tend to approach trading with more optimism. Seasonal bonuses and festive sentiment. Year-end bonuses provide traders with additional capital, often reinvested into the markets. Combined with the general cheer of the holiday season, this creates a buoyant atmosphere, driving demand for assets across various sectors. Market Expectations for 2024 This year, expectations for a Santa Claus rally remain high. Bank of America analysts predict that the rally could kick off soon. Investor optimism following weaker-than-expected U.S. inflation data in November is driving the market. If inflation continues to decline and the Federal Reserve is willing to ease its monetary policy further, U.S. indices could reach new all-time highs, buoyed by steady economic performance and strong market sentiment. Four tips for traders Focus on key sectors. Retail and consumer goods stocks often outperform during this period. Identifying high-performing companies in these sectors can align trading decisions with market trends. Study historical patterns. While no trend is guaranteed, analysing historical data can offer valuable insights into potential market movements. For instance, stock indices have historically gained 1–2.2% during the Santa Claus rally. Set clear goals. Establishing realistic profit targets and placing stop-loss orders can help traders protect their capital while participating in this seasonal trend. Practice risk management. The Santa Claus rally is largely sentiment-driven, making it less predictable than trends tied to economic fundamentals. External factors, such as geopolitical developments or unexpected economic data, can disrupt this pattern. The Santa Claus rally offers traders an exciting opportunity to close the year on a high note. Understanding its underlying drivers and implementing disciplined strategies can help maximise the potential for success. However, caution remains essential, as past performance is no guarantee of future results. With careful planning and close market observation, this seasonal trend can serve as a valuable addition to a trader’s toolkit.Hashtag: #octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Media OutReach

The allure of Da Nang and Phu Quoc – top destinations for Indian tourists

Vietnam is increasingly popular among Indian tourists, consistently topping reports and surveys as a favoured destination. While Da Nang remains the most beloved city for Indian travellers to Viet Nam, Phu Quoc has emerged as a ‘rising star’ for this market. PHU QUOC, VIETNAM – Media OutReach Newswire – 24 December 2024 – With significant investments in infrastructure and tourism services, Da Nang and Phu Quoc are becoming two of Vietnam’s most attractive beach destinations for Indian tourists. Their long stretches of white sandy beaches, world-class resorts, diverse cuisine and a variety of entertainment options have made these two cities ideal holiday spots that cater to the needs of Indian travellers. The Golden Bridge gracefully curves like a silk ribbon at Ba Na Hills. Da Nang: the top pick for Indian travellers Da Nang has cemented itself as the top-searched destination for Indian travellers, as reported by Skyscanner India’s travel trend reports. Indian tourists favour destinations with short flight distances, beautiful beaches and relaxing environments – criteria that Da Nang effortlessly fulfils. In the first nine months of 2024, Da Nang welcomed over 151,000 Indian visitors, accounting for 43% of all Indian arrivals in Vietnam – a 125 per cent increase compared to the same period in 2023. To accommodate the growing demand, several direct flights from India to Da Nang have been introduced. In October 2024, Ahmedabad-Da Nang was launched with two flights per week, adding to the flow of visitors beyond New Delhi. Sun World Ba Na Hills of Da Nang, home to the iconic Golden Bridge is one of the main draws for Indian tourists. Major Indian media Luxebook recently called the bridge one of the world’s most iconic bridges. For many Indian families, visiting the Golden Bridge is a dream come true. “Seeing the Golden Bridge in person has always been a dream for my family,” said Muskan Tiwari from Ahmedabad. Beyond the bridge, Ba Na’s vibrant castles, cool weather and tranquil atmosphere also leave a lasting impression. The number of Indian visitors to Sun World Ba Na Hills by the end of July 2024 reached 132,000, accounting for nearly 50% of the total number of Indian tourists visiting Viet Nam in the first seven months of the year. Cuisine is one of the top factors influencing Indian tourists’ decision to choose a destination also. For Indian travellers, where each community has its own dietary preferences and religious practices – some even bringing their own chefs for the trip. Ba Na Hills boasts a Halal-certified buffet restaurant, allowing Indian visitors to enjoy authentic flavours of their homeland. Da Nang also has the globally recognised My Khe Beach, the spectacle of Dragon Bridge’s weekend water and fire shows and the untouched natural beauty of Son Tra Peninsula. Phu Quoc, the ‘Island of Fireworks,’ leaves a lasting impression on international visitors with two spectacular fireworks shows lighting up its night skies every night. Phu Quoc: a paradise for luxury weddings and MICE Recently, Indian couples have been showing a strong preference for hosting weddings in Viet Nam, drawn by its stunning beaches, luxurious resorts and high-end hotels at reasonable costs. While Da Nang has long been a familiar destination for Indian tourists, supported by an increasing number of direct flights, Phu Quoc has emerged as a new paradise. The island attracts both mid-range and affluent travellers from South Asia. In fact, billionaire Indian couples frequently choose Phu Quoc as the perfect venue to host their dream weddings. JW Marriott Phu Quoc Emerald Bay has successfully outshone a host of global competitors to become the venue of choice for billionaire Rushang Shah’s wedding in 2019 and another grand Indian billionaire wedding in early 2024. Phu Quoc has been referred as a new MICE destination in Viet Nam. The Sun Paradise Land ecosystem in the south of the island, with exciting attractions such as art shows, nightly fireworks, the world’s longest three-rope cable car, the Kiss Bridge and beachfront resorts at Kem Beach, along with large conference rooms at Sun Signature Gallery and Sun Tropical Ballroom that can accommodate up to 1,000 guests, fully meet the needs of Indian tourists. Phu Quoc recently unveiled the world-class 18-hole Eschuri Vung Bau Golf Course, offering a breathtaking view of the island’s sunset, adding yet another reason for travellers to visit this tropical haven. With direct flights from Da Nang to Phu Quoc and the upcoming addition of more direct flights from other cities, the journey to explore Vietnam will become increasingly complete and easier for tourists. Hashtag: #Sungroup https://www.jwmarriottemeraldbay.com/ The issuer is solely responsible for the content of this announcement.

Media OutReach

OctaTrader in 2024: a client-focused evolution of a trading platform

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 24 December 2024 – For Octa, a global broker with more than 13 years of experience, 2024 was a year focused on researching clients’ needs and using the results to incrementally improve their trading platform, OctaTrader. According to the broker’s statement, OctaTrader showed a fivefold increase in the number of open orders year-on-year, proving its growing popularity among traders. Below are some of the main areas in which OctaTrader currently excels as well as some key avenues for its future growth. OctaTrader: a year of progress In 2024, OctaTrader’s progress was reflected in the yearly number of orders placed by its users, which grew five times as of October 2024, year-on-year. What’s more, the Octa team has been working hard to streamline OctaTrader as a holistic ecosystem that empowers traders by expanding the ordinary trading experience. With a wide variety of features centred around facilitating a more comprehensible and accessible trading process, OctaTrader positions itself as a holistic ecosystem. It aims to make each stage of the journey logical and intuitive. Octa’s platform enables informed decisions, offering step-by-step support in building your portfolio, analysing the markets, and opening and closing orders within the trading area. Merged together within OctaTrader as a single cross-device application, all these elements contribute to making trading an accessible and enjoyable experience instead of a time-consuming, energy-draining routine. OctaTrader provides a smooth workflow across all devices. That means you can pick up your trading session on mobile from where you left it off on your desktop—and vice versa. This approach is ideally suited to the modern hyper-accelerated pace of life, where every minute counts, allowing traders increased flexibility in scheduling their sessions. Some of the most recent improvements introduced within the OctaTrader ecosystem include accelerated chart loading, new analytical tools and indices, and improved UX and ergonomics in the trading terminals. Space: OctaTrader’s analytical hub Space, a trading insights and news feed embedded into the OctaTrader app, currently offers around 130 daily posts to support well-informed decision-making and decrease the cognitive load that traders face in their daily sessions. In 2024, OctaTrader introduced user reactions and comments to Space posts. The platform’s clients can now express their sentiment towards analytical posts in their Space feed and prioritise the posts with the most favourable reactions. The Space feed within the OctaTrader app is curated by Octa’s in-house experts and customised based on user preferences, with trendy topics getting the most exposure. With Space, OctaTrader embraces the latest AI and ML technologies. Octa experts tap into the power of pattern recognition engines, applying their extensive hands-on experience to pick the most valuable information and offer clients the most precise. and timely market insights. Space also features rich onboarding content, including two dedicated courses aimed at familiarising clients with the entire range of its features and helping them trade with OctaTrader in the most efficient way. By studying these educational materials and following the tips in the app, OctaTrader clients can become fluent in Space-assisted trading and make the best of its analytical expertise. Flexibility and customisation Within OctaTrader, users can manage all their trading accounts, effectively making the solution an all-in-one trading hub. Users can switch between their demo and real accounts in a couple of clicks, apply different leverage options, test strategies, and make deposits—all within a single trading ecosystem. With OctaTrader, education, analytics, transactions, and actual trading are one step away from each other, which constitutes a genuinely holistic trading experience. Boasting a well-rounded trading area, OctaTrader is well-suited for those who value interface flexibility. For example, each of the many indicators available within the app can be hidden so that clients can easily focus and prioritise their tasks. With its highly customisable interface, OctaTrader caters to the needs of both seasoned and emerging traders, creating an enabling environment for any client, regardless of their trading style and asset preferences. As a global broker, Octa aims to make trading more accessible by lowering the skill cap and facilitating decision-making. With OctaTrader, the broker takes over the routine side of trading, making the process engaging and accessible. Octa’s dynamically evolving ecosystem also offers a wide variety of embedded tools to enable data-driven and precise decisions, reduce cognitive load, and lower stress. In 2025, OctaTrader will continue with its focus on creating a personalised and streamlined trading experience, taking into account each client’s skills, needs, and preferences. Hashtag: #octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Media OutReach

1win Brings Christmas Comfort to Cancer Patients in Ghana

ACCRA, GHANA – Media OutReach Newswire – 24 December 2024 – 1win, in partnership with Adjah Cancer Support Ghana, sends Christmas donations to over 200 cancer patients and their families in Accra, Ghana. Through the initiative, the global iGaming brand 1win has donated food hampers and comforting Christmas gifts to support families battling cancer. Joselyn Dumas with Patients at Christmas Gift-giving Event By 1win Christmas gift-giving by 1win was designed to make a meaningful impact during the holidays by addressing both emotional and practical needs. 200 hundred families of cancer patients from Accra received food hampers with rice, oil, canned goods, and beverages, along with Christmas gifts tailored for children and adults facing the hardships of cancer treatment. Food and clothing items from 1win should serve as a gesture of attention, raise Christmas spirits, and provide much-needed relief to the patient’s families. Christopher Adjah, CEO of Adjah Cancer Support Ghana, emphasized the importance of corporate philanthropy, saying, “The holiday season can be especially challenging for families coping with cancer. Thanks to the monetary donation from 1win, we are able to bring smiles to our beneficiaries’ faces and remind them they are not alone. These gifts go beyond material support—they represent hope and resilience for those in need.” The 1win’s gift-giving event took place at Korle Bu Teaching Hospital, Accra, Ghana. The program was attended by actress and media personality Joselyn Dumas who joined as a representative of 1win. Speaking about the initiative, she said, “It’s a privilege to be part of such a meaningful project. Today, we delivered almost 150 hampers to patients and their families, and additional 50 gifts will be distributed by Adjah Cancer Support Ghana throughout the festive season. Christmas is a time for generosity and kindness, and I’m proud to see global brands like 1win stepping up to make a real difference.” 1win’s donation reflects the brand’s commitment to addressing the needs of vulnerable communities. By partnering with Adjah Cancer Support Ghana, the company ensures its efforts reach those who need it the most. With this initiative, 1win is spreading hope during one of the most challenging periods for cancer patients and their families, underscoring the brand’s motto for charitable projects: We Care. We Share. Hashtag: #1win #1winForHealth #Charity #Christmas #CSR https://www.1win.charity/https://www.instagram.com/1win.global/ The issuer is solely responsible for the content of this announcement. About 1win 1win is a leading global brand that offers an unparalleled range of iGaming services. With a solid seven-year track record, the brand caters to a diverse clientele across the globe, illustrating its strong influence in the iGaming sector. Effective August 2024, 1win has cricketer David Warner as its sports ambassador. About Adjah Cancer Support Center The Adjah Cancer Support Ghana is Ghana’s largest cancer support organization. It focuses on improving the quality of cancer support in Ghana and ensuring that no one faces cancer alone. The foundation creates awareness, educates, and navigates patients through the difficult facets of cancer.

Media OutReach

From Farm to Screen: Shopee’s Kempen Tani Cultivates Online Success for Agropreneurs

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 24 December 2024 – Shopee Malaysia recently launched Kempen Tani, an initiative designed to empower local farmers, agropreneurs, and producers with the tools, training, and resources needed to succeed in the digital economy, while seamlessly connecting buyers with direct access to their products. Through this campaign, Shopee aims to enhance the agrofood product value chain, boost the income of food producers, and encourage consumers to buy directly from local agropreneurs, fostering a more sustainable and inclusive future for the industry. Nur Rahilla Binti Mohamad Kamal, co-founder of Nanakamalbiz, showcases her handmade traditional snacks. The Kempen Tani programme saw nearly 100 sellers attending workshops led by a certified ShopeeXpert trainer. These workshops focused on providing tips to increase viewer traffic and sales through Shopee’s livestream platform. Meanwhile, the ShopeeUni team offered in-depth training on store setup, SKU listing, and optimising product listings to enhance online presence and sales performance. Livestreams held during the event gave agropreneurs a platform to showcase their products to over 110,000 viewers nationwide, resulting in an impressive 9 times increase in orders compared to an average day’s stream in November. Crunching Success: Nanakamalbiz Goes Online One of the standout participants was Nanakamalbiz, a traditional snack business from Kota Tinggi, Johor, co-founded by Nur Rahilla Binti Mohamad Kamal. Since 2016, Rahilla’s business has relied on walk-in customers and word-of-mouth to sell its handmade treats. However, as consumer habits shifted towards online shopping, Rahilla recognised the need to adapt. Despite being new to e-commerce, she joined Shopee to future-proof her business and reach a broader audience. “The transition from offline to online was a huge learning curve, but it quickly became exciting as I saw the potential,” Rahilla shared. Through Kempen Tani, she received hands-on guidance on setting up her store and optimising her product listings. The campaign also introduced her to Shopee’s tools, which simplified logistics and customer management. “Previously, we would deliver orders through buses or rely on customers to pick them up. Shopee streamlined everything for us,” she explained. Shopee’s analytics dashboard proved invaluable, helping Rahilla track sales trends, identify bestsellers, and plan her inventory more efficiently. Features like discount vouchers and free shipping allowed her to attract customers from across Malaysia, including Sabah. “Shopee gave me the confidence to thrive in a competitive market,” she shared, reflecting on how Kempen Tani has helped her embrace the digital economy. From Fruit Stalls to Online Success with Kempen Tani In Bidor, Perak, Madam Lai Nyuk Ling of JK BISCUITS successfully transformed her fruit business through e-commerce. Initially reliant on her fruit stall for income, Madam Lai never imagined her guavas and dragon fruits would be shipped as far as Sabah and Sarawak. “I was eager to try something new, and when the orders started pouring in, I couldn’t believe how quickly everything took off.” she shared. Participating in Shopee campaigns, including the 11.11 Sale, marked a turning point, earning her RM4,000 in revenue in just one day—a milestone that boosted her confidence in e-commerce. With Kempen Tani, sellers like Madam Lai have gained insights and tools to elevate their businesses. Shopee Live, for instance, allowed her to showcase her fruit-packing process, creating trust and transparency with customers. “They know exactly what they’re getting,” she explained. Thanks to Shopee’s logistics, she is now able to deliver fresh fruits nationwide, inspiring others in her community to explore the opportunities presented by e-commerce and Kempen Tani. Connecting Rural Producers with Nationwide Consumers From Kota Bharu, Kelantan, Corndog Anak Ramai is a prime example of how Kempen Tani helps rural businesses thrive in the digital economy. Founded in 2020 by Wan Muhamad Biruni Bin Wan Jamaluddin, the family-run business initially sold homemade frozen corndough to a small local network. Scaling up proved challenging due to limited market access and logistical hurdles. In 2021, Wan embraced e-commerce by listing his products on Shopee, despite having no prior experience. “At first, it felt like a big leap, but with Shopee’s support, we quickly gained the visibility and tools we needed to thrive,” he shared. With features like Shopee Live and vouchers, Corndog Anak Ramai expanded its reach to urban households in Selangor, Johor, and Kuala Lumpur. Live sessions proved especially impactful, helping the brand connect with new customers and boost engagement. To ensure product quality, Wan invested in premium packaging and thicker iceboxes for frozen goods. Shopee’s affiliate programme accelerated his growth, with one affiliate generating over 1,000 orders in just three months. “Being part of Malaysia’s digital economy through Kempen Tani is a source of pride for us. This isn’t just about selling frozen food—it’s about creating opportunities for our family and community,” Wan reflected. Fostering a Sustainable and Inclusive Future “Agropreneurs are the heart of Malaysia’s agricultural sector, and their resilience and innovation continue to inspire us,” said Tan Ming Kit, Head of Marketing and Business Intelligence at Shopee Malaysia. “Through Kempen Tani, Shopee aims to continue empowering more agropreneurs with tailored training programmes, innovative campaigns, and valuable incentives like Shopee Coins and vouchers to boost their online presence. This initiative not only creates opportunities for them to shine but also contributes to shaping a more sustainable and inclusive future for the industry. We have plans to introduce more targeted support and resources for agropreneurs in the coming months to further amplify their visibility and help them reach new milestones.” Consumers can support local producers by purchasing their products through the Kempen Tani Shopee microsite, where they can also claim exclusive vouchers to enjoy even greater savings. With the convenience of farm-to-doorstep delivery, the campaign bridges the gap between rural producers and urban consumers, ensuring that the benefits of the digital economy reach every corner of Malaysia. For more details, visit Kempen Tani Shopee. Hashtag: #ShopeeMY The issuer is solely responsible for the content of this announcement. Shopee Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise

Media OutReach

Wildberries to More Than Double Warehouse Capacity in 2025

MOSCOW, RUSSIA – Media OutReach Newswire – 24 December 2024 – Wildberries, a leading e-commerce platform in Eurasia, will increase its warehouse capacity by more than twofold in 2025 to support its dynamic growth. The Company is currently finalizing the construction of warehouse complexes with a total area of more than 2.3 million square meters (equivalent to over 320 football fields) in its regions of operation. Most of these facilities will be operational in the first half of 2025. In addition, Wildberries is building or planning new warehouses in 11 cities across Russia, as well as two logistics hubs in Kazakhstan and up to three in Uzbekistan, with a total area of more than 2.5 million square meters. At the beginning of 2024, Wildberries’ warehouse capacity stood at 1.5 million square meters. The new logistics centers will enable local sellers to expand their assortment on the Wildberries platform and boost their sales across all markets where the Company operates. Sellers will benefit from a growing number of options for storing and shipping their goods, as well as the ability to effectively manage their stocks and seasonal product supplies. Wildberries currently operates in eight countries in Eurasia, with plans to expand to new markets. In 2023, goods sold through its marketplace amounted to the equivalent of $25 billion, with a projected 60% increase in sales by the end of 2024. The platform hosts more than 1 million sellers, over 85% of which are small and medium-sized enterprises (SMEs). Wildberries’ rapid growth is supported by its own infrastructure for fast delivery, including a fleet of over 1,700 vehicles and a network of over 50,000 pick-up points. These pick-up points enable customers to collect their orders close to home at the time of their choosing, as well as to try on or examine ordered items prior to confirming their purchase. Hashtag: #wildberries The issuer is solely responsible for the content of this announcement. About Wildberries Established in 2004 in Russia, Wildberries is a leading e-commerce platform that currently operates in Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Russia and Uzbekistan, in addition to partnering with sellers in China. Wildberries offers a state-of-the-art IT infrastructure to support customers and sellers on its platofrm, as well as a developed logistics network spanning more than 130 logistics facilities and 50,000 pick-up points across its markets of operation. As of 2024, Wildberries serves a customer base of more than 75 million and processes more than 20 million orders per day.

The Executives

Malyan Universal Aims for 2026 Launch of F&B Packaging Thermoforming Factory

Malyan Universal’s journey from a modest shop in 2016 to a leading player in the packaging industry is a testament to perseverance, innovation, and adaptability. Founded by Dr. Mohd Malek Ms, the company’s evolution has been driven by a singular goal: to revolutionise the packaging experience for small businesses while promoting sustainability.  The idea behind Malyan Universal was conceived in 2014, “Initially, it was a part-time venture while I was under employment. In 2016, I made the big decision to resign and focus entirely on my business,” Dr. Malek shared. However, the early days were far from easy. The first year saw Malyan operating from a modest 800 square-foot shop, with disappointing sales despite importing products within Malaysia and from China.  “We faced a lot of challenges,” Dr. Malek recounted. “We had two containers of products, but no customers. The organisations I had hoped would support us did not follow through, and within the first six months, we lost over RM70,000 with no sales.” Faced with these setbacks, Dr. Malek turned to innovation. A pivotal moment came when a customer inquired about custom-printed cups. Driven by the opportunity, Dr. Malek took it upon himself to learn the machinery, launching Malyan’s custom printing services in 2018.  This innovation marked a turning point for the company. By offering small businesses the ability to print cups with a low minimum order quantity (MOQ) of just 3,000 units—far less than the 20,000 to 30,000 MOQ typically required by larger factories—Malyan Universal was able to cater to a previously underserved market of small cafes and local businesses. “By 2018, we had our first printing machine in operation, and we began serving over 100 small merchants,” said Dr. Malek. This flexibility in production soon led to the company’s expansion, from one location to six.    Today, Malyan operates out of a new factory, having recently consolidated operations. The company’s commitment to innovation continues to drive its growth. “Looking ahead, we plan to launch innovative products. For example, we’re introducing cups with unique features—one that reveals designs when exposed to ice and another with glow-in-the-dark printing,” Dr. Malek revealed. “These will be launched at an international franchise event next May, where we will also showcase our customer service and encourage franchise partnerships.”  Reflecting on his unconventional journey, Dr. Malek revealed, “I had no prior experience in this industry. My background was in B2B sales at a bank, where I organised events and campaigns. That experience taught me how to collaborate with businesses and build partnerships, which I applied to Malyan by connecting customers across different sectors.”  Malyan Universal made history as the first company in Malaysia to offer custom-printed cups with low MOQs, catering to both large clients and small businesses. As the business grew, the company expanded its machinery, scaling up from two printing machines to seven. However, Dr. Malek acknowledged the challenges faced by industry, particularly the transition to biodegradable materials. “Despite government regulations, the adoption of biodegradable packaging has been slow due to higher costs and limited production capacity,” he noted, stressing the importance of educating customers and securing government support to drive change.  Another challenge faced by Malyan has been finding and retaining skilled workers. “Factory work differs from corporate environments, and many employees lack discipline or long-term commitment,” Dr. Malek explained. “At Malyan, we focus on educating our employees and fostering transparency by sharing the company’s financial performance and future plans. This helps align everyone with the company’s goals.”  Technology has played a key role in Malyan’s growth. The company has invested in advanced machinery, including a four-color printer for cups, enabling them to offer more complex designs. “We started with second-hand machines to minimize costs, but as our business grew, we upgraded to newer equipment,” Dr. Malek said.  Looking to the future, Dr. Malek has ambitious plans. “Our long-term vision includes producing our own PP and PE cups and expanding into international markets, particularly the U.S. and Australia. We want Malyan to be a legacy project that not only supports future generations but also provides for the families of our employees.”  While Malyan is not seeking investors at the moment, the company remains focused on sustainable growth. “We are reinvesting profits into the business to scale responsibly,” Dr. Malek said. “The packaging industry faces stiff competition from low-cost imports, especially from China, but we’re focused on increasing awareness of our unique offerings through international events and franchise partnerships.”  Malyan’s commitment to eco-friendly solutions, alongside its focus on innovation, positions it well for the future. As Dr. Malek summed up, “The biggest challenge is educating customers about sustainable packaging. Many still prefer plastic cups because they offer better visibility of colorful drinks, but we are confident that over time, we can change this perception.”  With a clear vision for the future, Malyan Universal is poised for continued success, offering innovative, sustainable packaging solutions while growing its global footprint. 

News

Bursa Malaysia Adopts IFRS Sustainability Standards

KUALA LUMPUR: Bursa Malaysia Securities Berhad (“Bursa Malaysia” or “the Exchange”) has announced enhancements to the sustainability reporting requirements under the Main Market and ACE Market Listing Requirements. These updates align with the National Sustainability Reporting Framework (NSRF) to improve transparency and accountability in managing sustainability-related risks and opportunities (SROs). The new requirements incorporate the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, establishing globally recognized standards for sustainability reporting in Malaysia. Mandatory IFRS Standards Listed issuers must prepare their sustainability statements in the annual report following the IFRS Sustainability Disclosure Standards. Performance Metrics Sustainability statements must include metrics and targets demonstrating performance and progress on SROs for the past three financial years, along with a summarized data format. Internal Review or Assurance Issuers must disclose whether the sustainability statement was subjected to internal audit review or independent assurance following recognized standards. To accommodate varying levels of readiness, the enhanced requirements will be implemented in stages: Large Main Market Issuers (Market Cap ≥ RM2 billion): Effective from 1 January 2025. Other Main Market Issuers: Effective from 1 January 2026. ACE Market Issuers: Effective from 1 January 2027. Issuers may use transition reliefs during the adjustment period, focusing on a climate-first approach for two years (Main Market) and three years (ACE Market). General Meetings Starting 1 March 2025, issuers must hold in-person or hybrid meetings to promote shareholder participation. Listing Advisers From 2 January 2025, issuers must disclose the names of listing advisers in public documents for a specified period. An explainer video will be available on MyBURSA by the end of 2024: MyBURSA Sustainability Framework Resources Detailed amendments to the Listing Requirements can be found here: Main Market: Amendments to the Main Market Listing Requirements ACE Market: Amendments to the ACE Market Listing Requirements

Media OutReach

JustMarkets Celebrates Key Milestones From 2024

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 24 December 2024 – JustMarkets concludes 2024 with notable achievements that highlight their ongoing focus on reliable and smart solutions for the worldwide trading community. The outgoing year marked the company’s 12th anniversary, a milestone underscoring JustMarkets‘ long-standing presence in the financial sector. Over these years, the broker achieved numerous victories, earned 50+ awards, and welcomed more than 2 million traders from 180+ countries. They remain focused on growth, aiming even higher in the upcoming year. Throughout 2024, JustMarkets actively engaged with the global trading community by participating in key industry events, including the iFX Expo, Mumbai Expo, and Dubai Expo. These platforms provided opportunities to connect with stakeholders, clients, and partners, further solidifying JustMarkets’ position in fintech. The company was also recognized with several industry awards, including Best CFD Broker in the World, Best IB/Affiliate Programme in the World, and Most Reliable Broker 2024, as well as a win at the UF Awards APAC 2024. These titles reflect the JustMarkets’ focus on meeting all the trading needs and financial goals of their clients and partners. In 2024, JustMarkets upgraded their platform with native trading capabilities for the mobile app, which crucially simplifies access for traders. The company also expanded their range of trading instruments & pairs and implemented a reduction in spreads on XAU/USD (gold) by up to 10% across all trading account types. The year featured a series of trading contests designed to engage and reward JustMarkets’ global community. Events like the Jiwa Contest, Golden Contest, #iLoveJustMarkets, and the Ramadan Trading Contest offered opportunities for traders to test their skills and earn prizes. The Trade and Win Contest with Cikgu Amoi further reinforced the company’s commitment to recognizing and supporting their dedicated investors. One of the greatest annual highlights was the Grand Gala Dinner — an event that brought together traders and partners to acknowledge their contributions and present exciting awards. The evening also provided guests with exceptional entertainment, dining, and a chance to engage directly with the JustMarkets team and network with like-minded people. As the year closes, JustMarkets is preparing for 2025 with plans to introduce new features, broaden offerings, and continue enhancing trading conditions. The company is dedicated to meeting the changing needs of the market and supporting the success of their growing community in the upcoming year. For more insights, visit the broker’s website or follow them on social media. Hashtag: #JustMarkets #2024 #KeyMilestones #2025 The issuer is solely responsible for the content of this announcement. JustMarkets JustMarkets is a globally recognized multi-asset broker providing reliable and transparent trading services since 2012. The company has earned over 50 industry awards, highlighting its excellence in the financial sector. JustMarkets offers a diverse array of trading instruments, including forex, stocks, commodities, indices, metals, energies, and cryptocurrencies, serving clients in over 160 countries. The company is renowned for its competitive pricing, featuring low spreads and zero commissions. JustMarkets caters to both new and experienced traders by providing a wide range of services designed to enhance their trading experience.

Media OutReach

Thailand Shines at ACES Awards 2024: Celebrating Leadership, Sustainability, and Innovation Across Industries

BANGKOK, THAILAND – Media OutReach Newswire – 24 December 2024 – The Asia Corporate Excellence and Sustainability (ACES) Awards 2024 spotlighted Thailand’s corporate champions, underscoring the country’s ascent as a force for sustainable innovation and community empowerment. With 118 nominations out of 682 entries from 17 countries and a strong showing among the 250 finalists, Thailand’s business leaders are reshaping expectations for growth, environmental responsibility, and social impact across Asia. Recognising Leadership Excellence: 59 outstanding business leaders and enterprises were awarded for their exemplary leadership, on Day 2 of the ACES Awards 2024, setting new benchmarks in innovation, governance, and corporate responsibility. KFU Company Limited’s President, Dr. Ausanee Mahagitsiri Leonio, exemplifies this transformative leadership. Honored as an Outstanding Leader in Asia, she guided beloved brands Krispy Kreme and Cinnabon through market challenges, including the pandemic, by focusing on innovation, CSR, and employee well-being. Her visionary leadership not only propelled business success but strengthened community ties. Sustainability emerged as a defining theme. Bangkok Life Assurance (BLA) earned the Sustainability Rising Star Award by embracing environmental stewardship and social responsibility. Through its Happy Ps model, BLA achieved tangible reductions in energy use, greenhouse gases, and paper consumption, while promoting financial literacy and health education. Mitr Phol Sugar Corporation claimed the Top Sustainability Advocate in Asia title, leveraging its “Grow Together” philosophy to drive carbon neutrality by 2030 and net-zero emissions by 2050. By investing in regenerative agriculture, renewable energy, and community support, Mitr Phol sets the standard for a greener, more equitable future. Honouring Excellence in Sustainability: 34 visionary companies and businesses were celebrated on Day 1 of the ACES Awards 2024, for their remarkable commitment to championing sustainability, driving meaningful impact across Asia at the ACES Awards 2024. The ACES Awards also recognized companies embedding social purpose at their core. Central Retail Corporation, honored again as a Top Community-Centric Company, uplifts local farmers through its JingJai Farmers’ Market and empowers vulnerable groups, contributing to self-sufficiency and environmental stewardship. Frasers Property (Thailand) (FPT), named among Asia’s Most Influential Companies, integrates real estate innovation with a net-zero carbon goal, illustrating how sustainable urban development can benefit both investors and communities. Financial institutions are shaping the sustainability landscape as well. Krungthai Bank, lauded as a Top Community-Centric Company, drives inclusive growth through programs fostering economic resilience, environmental conservation, and social cohesion. CIMB Thai Bank, another Sustainability Rising Star, is advancing sustainable finance by helping high-carbon sectors transition to greener models and targeting net-zero emissions timelines. This year’s ACES Awards confirm Thailand’s corporate sector as a catalyst for sustainable progress. From financial innovation to responsible food production and community-driven retail, Thai enterprises are rewriting the rules of corporate excellence—ensuring that profitability, people, and the planet move forward together. Hashtag: #ACESAwards2024 #RegionalRecognition #leadershipexcellence #Sustainability #SustainableCompanies #responsibleleaders #outstandingentrepreneurs https://www.acesawards.com/ The issuer is solely responsible for the content of this announcement. About ACES Awards The ACES Awards, organized by MORS Group, recognize and celebrate the region’s most exemplary leaders, companies, and initiatives. By spotlighting transformative approaches to leadership and corporate excellence, the awards inspire continued innovation, promote sustainable practices, and encourage inclusive growth throughout Asia’s diverse and dynamic business ecosystem.

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