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News

Four Decades, One Evolving Business

Longevity in business is rarely about doing the same thing well for decades. More often, it is about knowing what should remain unchanged — and recognising what must evolve. For Salleh Food Industries Sdn. Bhd., almost four decades in Malaysia’s food manufacturing industry have been shaped by precisely that balance. Established in 1987, the company began with products deeply familiar to Malaysian consumers: kerepek ubi, kerepek pisang and a variety of traditional snacks made from locally sourced agricultural produce. Chief Executive Officer di Salleh Food Industries Sdn Bhd – Mohd Fauzie Salleh. The flavours may be rooted in tradition, but the business behind them is increasingly looking forward. Today, Salleh Food distributes its products throughout Malaysia via retailers and distributors while embracing newer channels including e-commerce and TikTok Shop. Behind that expansion is a wider transformation taking place across the company — one that involves strengthening its brand, modernising systems, developing people and preparing the organisation for its next phase of growth. For a business approaching its fourth decade, the question is no longer simply how to sell more products. It is how to build an organisation capable of remaining relevant for decades more.   The Business Behind the Snack Salleh Food may be recognised as a snack manufacturer, but its role extends further along the value chain. The company takes locally grown agricultural produce and transforms it into accessible, higher-value consumer products. In doing so, its business connects farmers and suppliers with consumers while creating economic opportunities across the communities that support its operations. There is also an emotional dimension to the products it makes. Traditional food occupies a distinctive place within Malaysian culture. A familiar snack can carry memories of childhood, family gatherings and traditions passed from one generation to another. Preserving that connection has remained important to Salleh Food even as the expectations surrounding food manufacturing have changed. The challenge is to retain the familiarity consumers appreciate while ensuring the business behind the product continues to advance. That means bringing modern processes, technology, stronger quality standards and contemporary distribution into a category that has traditionally been dominated by smaller producers.   When a Good Product Is No Longer Enough When Salleh Food began operating in 1987, the opportunity in the market was relatively clear. Demand for local snacks was strong, but many smaller producers faced challenges in maintaining consistency, developing their brands and reaching consumers beyond their immediate markets. Building greater structure around these areas created room for businesses such as Salleh Food to grow. Nearly 40 years later, the market gap has changed. Producing something that tastes good remains fundamental, but it is no longer enough to guarantee success. Consumers have more choices. Brands are discovered through social media as much as supermarket shelves. E-commerce has changed how products are purchased, while digital platforms allow new competitors to enter the market much faster. Trust, consistency, visibility and convenience have become increasingly important. This has pushed Salleh Food to think beyond manufacturing. The company is now focused on building the infrastructure around the product — from its brand and distribution capabilities to its internal systems, people and leadership. Its strategic direction centres on three priorities: strengthening the brand, developing systems and talent, and expanding into larger markets. It is a deliberately focused approach. Like any business, Salleh Food operates with finite time, capital and management resources. Rather than pursuing every opportunity available, the company is increasingly assessing opportunities according to their ability to contribute to long-term organisational value.   Growing Stronger, Not Simply Bigger The distinction between getting bigger and becoming stronger has become increasingly important to Salleh Food. Sales growth is one measurement of success, but the company believes genuine growth should also be reflected in the organisation’s ability to operate without excessive dependence on any single individual. That requires processes that can be repeated, people who can make decisions and leaders capable of taking responsibility. As organisations expand, this becomes significantly more difficult. A management approach that works with ten employees may become ineffective with 50 or 100. Communication becomes more complex. Informal decision-making begins to create bottlenecks. Responsibilities must become clearer, and maintaining alignment around a common vision becomes a leadership challenge in itself. For Salleh Food, scaling has therefore required a shift in the way leadership is approached. Where a leader may once have been heavily involved in solving day-to-day operational problems, the next stage requires becoming what the company describes as a “builder of leaders”. Instead of solving every problem, leadership must develop people who can solve problems themselves. It is a fundamental transition for any growing organisation — particularly one that has evolved from a family-founded enterprise. The objective is to create a business that can continue progressing because capability has been distributed throughout the organisation rather than concentrated at the top.   What Four Decades Really Teach a Business Remaining in business for almost 40 years inevitably means operating through very different economic and commercial environments. Salleh Food has experienced changing consumer preferences, rising costs, operational pressures, new forms of competition and the disruption created by the pandemic. Through each period, the company’s competitive advantage has not necessarily been something consumers can see on its packaging. It has been adaptability. Products can be copied. Prices can be challenged. New competitors can enter a category. What is considerably harder to replicate is an organisation’s ability to continuously learn, adjust and recover when circumstances change. This willingness to evolve has become one of Salleh Food’s most important strengths. While consumers see the final product on a shelf or online, behind it sits an ongoing process of improvement — refining operations, strengthening systems, developing employees and responding to what the market requires next. That mindset is particularly important for established businesses. Longevity can be an advantage, bringing experience, market knowledge and consumer familiarity. But history alone does not guarantee future relevance. The companies that endure are often those willing to challenge the very practices that helped them succeed in the past.  

Investment & Market Trends

Malaysia Palm Oil Reserves Climb 3.32% To 2.63 Million Tonnes In July 2026, Says MPOB

Malaysia’s palm oil stockpiles rose 3.32 per cent, or 84,495 tonnes, to 2.63 million tonnes in July 2026, up from 2.54 million tonnes the previous month, according to the Malaysian Palm Oil Board (MPOB). MPOB said crude palm oil (CPO) stocks climbed 7.24 per cent, or 96,495 tonnes, to 1.43 million tonnes in July 2026, from 1.33 million tonnes in June 2026. “However, processed palm oil stockpiles eased 0.99 per cent to 1.20 million tonnes from 1.21 million tonnes in June,” it said in its July industry performance report. On production, MPOB said CPO output rose 9.41 per cent, or 154,183 tonnes, to 1.79 million tonnes from 1.64 million tonnes a month earlier, while palm kernel output increased 10.69 per cent month-on-month to 422,266 tonnes from 381,486 tonnes. Crude palm kernel oil production jumped 14.55 per cent to 199,392 tonnes from 174,071 tonnes in June, while palm kernel cake output rose 10.11 per cent to 215,304 tonnes from 195,534 tonnes. MPOB said palm oil exports increased 14.50 per cent in July 2026 to 1.39 million tonnes, up from 1.22 million tonnes the previous month. Palm kernel oil exports edged down 1.73 per cent to 82,261 tonnes from 83,712 tonnes, while palm kernel cake exports fell 8.72 per cent to 203,454 tonnes from 222,887 tonnes. Meanwhile, oleochemical exports rose 17.81 per cent to 265,198 tonnes from 255,098 tonnes in June, and biodiesel exports surged 496.77 per cent to 28,745 tonnes from 4,817 tonnes the previous month. MPOB reported zero CPO imports in July. Combined processed palm oil and palm oil imports fell 51.93 per cent to 49,566 tonnes from 103,113 tonnes in June, while palm kernel oil imports rose 93.12 per cent to 11,545 tonnes from 5,978 tonnes the preceding month.

News

Why Your Accountant Should Know More Than Your Numbers

Revenue can grow while a business gets weaker. It is one of those uncomfortable realities that entrepreneurs tend to discover only after running a company for some time. A strong sales month does not necessarily mean strong cash flow. A profitable year does not automatically mean a business is financially prepared to expand. And a company that is completely compliant with its tax obligations can still be making poor financial decisions. Founder of KPL Corporate Advisory Sdn. Bhd. – Shu Yi Kuek. This is why KPL Corporate Advisory Sdn Bhd believes the relationship between an SME and its accountant needs to change. The Malaysian taxation, audit, accounting and corporate advisory firm works with business owners who are often very good at what they do. They know their customers. They understand their products. They can spot an opportunity and instinctively know when something might sell. What they do not always have is the financial clarity to know whether the business is actually moving in the right direction. And that can become expensive.   Compliance Is the Starting Point Tax has to be filed. Accounts have to be prepared. Regulations have to be followed. KPL does all of that. But compliance tells a business owner surprisingly little about what decision to make on Monday morning. Should another employee be hired? Is there enough cash to open a second location? Why is turnover increasing but profitability barely moving? Is the business financially structured for its next stage? What risks are quietly accumulating? These are not accounting questions in the traditional sense. They are business questions that happen to require a strong understanding of the numbers. That distinction has increasingly shaped KPL’s work. The firm has moved towards becoming an adviser that can sit alongside an entrepreneur and translate financial information into something commercially useful. No unnecessary jargon. No assumption that the person sitting across the table has an accounting degree. Just: What do these numbers mean for my business?   SMEs Have Changed. Their Advisers Have To Change Too. The Malaysian SME of today can move remarkably quickly. A small e-commerce company can suddenly be selling nationwide. A family business can move into export markets. A founder-led operation can become an organisation employing dozens of people within a relatively short period. The financial complexity grows with it. KPL saw early that accounting and taxation were still frequently treated as obligations to be dealt with after the fact. Professional advice could also be overly technical, creating distance between advisers and the very business owners who needed to understand it. Digitalisation has since raised expectations further. Clients want answers faster. They expect better visibility. And increasingly, they want advisers who understand commercial realities rather than simply regulatory requirements. That has pushed KPL towards three priorities: technology, deeper advisory capabilities and people.   Bigger Isn’t the Objective There is an interesting restraint to KPL’s growth philosophy. The firm does not necessarily want every client. It has become increasingly selective about the businesses it works with, favouring organisations that value transparency, ethical practices and sustainable long-term growth. The logic is simple. Taking on more work means very little if the quality of advice deteriorates. For KPL, a better measure of growth is whether clients trust the firm with more complex decisions, whether relationships become deeper, whether employees become stronger professionals and whether internal systems allow the organisation to handle greater complexity without becoming impersonal. That philosophy also explains why rapid expansion holds limited appeal if it comes at the expense of culture or service.   Technology Should Make Advice More Human Accounting is one of many professions being transformed by technology. KPL has increased its adoption of digital workflows and paperless processes, improving efficiency while reducing unnecessary operational waste. Further digital integration forms an important part of its next phase. But the interesting question is not whether technology will replace parts of traditional accounting work. Inevitably, some repetitive processes will become easier to automate. The more important question is what professionals do with the time that creates. For KPL, the answer should be more advisory, not less interaction. If technology can process information faster, professionals can spend more time interpreting it. If systems can handle routine workflows, advisers can devote more attention to understanding the client, identifying risks and discussing decisions. In other words, technology should make the relationship more valuable rather than more distant.   The Growing Pains Are Internal Too KPL faces the same challenge it advises many clients about: scaling changes the organisation itself. In a small team, information moves informally. People know what everyone else is doing. Decisions can happen across a desk. Growth makes that increasingly difficult. The firm has had to strengthen workflows, improve delegation and create clearer processes while investing more heavily in developing its people. Leadership has consequently shifted from personally overseeing work towards building teams capable of taking ownership. The balancing act is maintaining the responsiveness associated with a smaller advisory firm while developing the discipline required of a larger professional organisation. That is not always easy. But neither is building a sustainable SME—which is precisely why KPL understands the clients sitting on the other side of the table.   The Question After the Numbers KPL’s next phase is centred on becoming recognised less as a company businesses visit because they have to file something and more as one they speak to because they are about to make an important decision. Taxation, accounting and audit will remain fundamental. The opportunity is what happens after them. Because when a business owner receives a set of financial statements, the most valuable conversation should not end with: “Here are your numbers.” It should begin with: “So, what are you going to do next?”  

Energy & Technology

ITMAX’s Sabah Win Boosts Smart-City Revenue Outlook, Says HLIB

ITMAX System Bhd’s latest RM134 million smart city project in Kota Kinabalu is expected to boost the annual revenue run rate of its supply and installation division, according to Hong Leong Investment Bank Bhd (HLIB). ITMAX has accepted the notification of approval as the Universal Service Provider for the Kota Kinabalu Smart City Project from the Malaysian Communications and Multimedia Commission (MCMC). HLIB said the project mainly involves a network operation command centre and around 1,500 closed-circuit television (CCTV) cameras, with supply and installation revenue recognised over the first two years, followed by five years of managed services. “Beyond the initial contract period, we see scope for ITMAX to secure a longer-term managed services agreement with Kota Kinabalu City Hall (DBKK), potentially spanning 15 to 20 years, upon project completion. Coupled with the recently secured DBKL smart street-lighting contract, this award should lift the annual revenue run rate of ITMAX’s supply and installation division towards about RM80 million to RM100 million, by our estimates,” it said. HLIB added that ITMAX’s successful expansion into Sabah, Johor and Penang, beyond its traditional Kuala Lumpur City Hall (DBKL) market, reinforces the competitiveness of its smart city solutions. It noted that Selangor is the next key state to watch, with CCTV contracts potentially coming up for tender in 2027-2028 following the award of SIP Phase 2. “As the operator of SIP Phase 1, ITMAX has an upper hand in demonstrating the effectiveness of its solutions. More importantly, some CCTVs installed for parking-payment enforcement under Phase 1 could also support broader surveillance functions, giving ITMAX an existing infrastructure base and a potential advantage when bidding for Selangor’s CCTV contract,” it said. HLIB also flagged Penang as an emerging growth market, after local councils awarded contracts to fully replace around 1,000 existing CCTVs. Overall, the firm maintained its “Buy” call on ITMAX with an unchanged target price of RM6.00. “Over time, we also expect ITMAX to further monetise its infrastructure through smart city applications such as digital twins, traffic impact assessments and analytics, cementing its role as a key enabler of urban digital transformation,” it added.

Energy & Technology

MN Holdings JV Secures RM122mil TNB Underground Cable Contract

MN Holdings Bhd’s unincorporated joint venture with Pembinaan Tajri Sdn Bhd (PTSB) has secured a RM122.31 million contract from Tenaga Nasional Bhd to install a new underground power cable system between Tasek Gelugor and Bertam. According to a statement on Monday, PTSB will lead the project, with MN Holdings’ wholly owned subsidiary, MN Utilities Engineering Sdn Bhd, handling 80% of the work and PTSB the remaining 20%. Both parties will jointly oversee execution and completion. The scope covers engineering, design, supply and installation of the cable system, along with related works such as obtaining permits and restoring affected surfaces and structures. The contract took effect on Monday, Aug 10, and is expected to be completed within 450 days, or about 15 months from the commencement date. MN Holdings managing director Datuk Clement Toh said the contract strengthens the group’s position in Malaysia’s power transmission infrastructure, amid rising electricity demand and continued investment to improve grid reliability. The group said the award also widens its infrastructure project portfolio beyond the data centre segment, as it pursues opportunities across Malaysia’s power, utilities and energy infrastructure sectors. MN Holdings, which mainly serves power utilities, is also seeking to transfer its listing from the ACE Market to the Main Market, having secured approval from the Securities Commission Malaysia in July. The group has benefited from rising investment in Malaysia’s power infrastructure, including grid upgrades to support growing electricity demand from data centres, while also expanding into renewable energy projects. Shares of MN Holdings closed up nine sen, or 2.97%, at RM3.12 on Monday, valuing the group at around RM2.09 billion.

ESG

UBB Investment Bank Fined RM10 Million Over AMLA, LFSSA Breaches

Bank Negara Malaysia (BNM) and the Labuan Financial Services Authority (LFSA) have imposed a total RM10 million compound on UBB Investment Bank Ltd for breaches of anti-money laundering and customer due diligence requirements. UBB Investment Bank, a Labuan-licensed investment bank under UBB Amanah Group, was found to have committed several compliance failures during a joint on-site examination by BNM and LFSA in August 2024. According to BNM, the examination uncovered material non-compliances, including delays in submitting suspicious transaction reports (STRs) and failures to properly conduct customer due diligence. The bank failed to promptly file STRs for 53 suspicious transactions carried out between 2023 and 2024, breaching Section 14(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). A separate LFSA investigation found that the bank had also failed to properly identify and verify a customer’s identity during the onboarding process in 2023. The breach, under Section 98(2) of the Labuan Financial Services and Securities Act 2010 (LFSSA), affected the bank’s ability to assess and detect potential links to illicit overseas activities. The initial compounds were not paid within the required period, leading BNM and LFSA to begin prosecution proceedings against the bank for offences under AMLA and LFSSA. UBB Investment Bank later submitted written representations to the Attorney General’s Chambers seeking reinstatement of the compounds. With the written consent of the public prosecutor, BNM and LFSA imposed a RM9 million compound for the AMLA offences and RM1 million for the LFSSA offence on March 13, 2026. The bank subsequently paid the full RM10 million on June 11, 2026, BNM said. Following the enforcement action, BNM and LFSA reminded financial institutions and other reporting institutions to strengthen their internal controls and ensure full compliance with AMLA and related reporting requirements. BNM warned that reporting institutions could be exploited by criminals through negligence or deliberate involvement, and that failures to meet their obligations could result in enforcement action, including prosecution.

Energy & Technology

Pepper Labs Marks 11 Years, 50,000 AI Learning Opportunities Delivered

Pepper Labs today officially launched 50,000 AI learning opportunities for Malaysians under the AI-Ready Malaysia initiative, marking one of the country’s largest industry-led efforts to accelerate artificial intelligence (AI) readiness while strengthening Malaysia’s sovereign AI capabilities and expanding the adoption of agentic AI solutions across government, businesses and communities. YB Gobind Singh Deo, Minister of Digital, delivering his address at the AI-Ready Malaysia Summit 2026, highlighting the importance of making AI knowledge and capabilities accessible to every Malaysian. The launch also coincides with Pepper Labs’ 11th anniversary, underscoring the company’s evolution from a social impact enterprise into one of Malaysia’s leading AI companies spanning workforce development, sovereign AI platforms and enterprise AI transformation. The initiative was officially launched by Gobind Singh Deo, Minister of Digital, during the AI-Ready Malaysia Summit 2026 held at Royale Chulan Damansara, bringing together leaders from government, industry, academia and the technology ecosystem to accelerate Malaysia’s AI ambitions. Funded through a regional initiative by AVPN with support from Google.org and the Asian Development Bank (ADB), the nationwide initiative will provide 50,000 Malaysians, including university students, educators and micro, small and medium enterprises (MSMEs), with practical AI capabilities that strengthen workforce readiness, business productivity and responsible AI adoption. Launching the initiative, Gobind said Malaysia’s digital transformation must be accompanied by efforts to ensure AI knowledge and capabilities are accessible to every Malaysian. “Artificial intelligence is no longer a technology of the future—it is transforming the way we live, work and do business today. As Malaysia accelerates its digital transformation, it is crucial that every Malaysian has the opportunity to acquire AI skills and participate meaningfully in the digital economy. The launch of these 50,000 AI learning opportunities demonstrates the importance of strong collaboration involving government, industry and development partners in building an AI-ready nation, while ensuring that the benefits of AI are inclusive and accessible to all.” Beyond workforce development, Pepper Labs also announced a strategic collaboration with MyDIGITAL Corporation to bring digital skills training closer to the rakyat, expanding access to practical learning opportunities that empower Malaysians to participate confidently in the digital economy. YB Gobind Singh Deo officially launching 50,000 AI learning opportunities under the AI-Ready Malaysia initiative, marking a significant step towards accelerating AI readiness across Malaysia. The summit also showcased Bisnes.ai, Pepper Labs’ sovereign AI-powered business support platform built specifically for Malaysian micro-entrepreneurs, SMEs and community businesses. More than a chatbot, Bisnes.ai functions as an AI business assistant that helps users generate business documents, quotations and invoices, analyse forms and images, create marketing content, manage customer interactions and provide guidance based on Malaysian regulations, grants and business best practices. Designed with sovereign AI infrastructure, human oversight and auditability at its core, the platform makes enterprise-grade AI accessible to businesses of all sizes. Building on its growing portfolio of enterprise AI capabilities, Pepper Labs also highlighted its expanding suite of over 40 Agentic AI solutions that help ministries and government agencies automate complex knowledge-intensive work while maintaining governance and human oversight. Its AI solutions include intelligent policy and knowledge assistants, parliamentary intelligence, grant assessment and decision support, enterprise document intelligence, project and command centre dashboards, as well as autonomous workflow orchestration that enables AI agents to retrieve information, analyse evidence, generate recommendations and coordinate tasks across multiple business processes. These solutions are designed to transform how organisations access knowledge, evaluate information, monitor programmes and make decisions by reducing manual effort, improving accuracy and enabling faster, evidence-based outcomes while ensuring every recommendation remains transparent, traceable and subject to human approval. Together, they demonstrate Pepper Labs’ vision of responsible sovereign AI that augments people, rather than replacing them, across both the public and private sectors. YB Gobind Singh Deo with industry leaders, partners, K-Youth participants and attendees at the AI-Ready Malaysia Summit 2026, bringing together key stakeholders to accelerate Malaysia’s AI ambitions. As Malaysia accelerates its national AI agenda, Pepper Labs continues to expand its role across the AI value chain, from developing future-ready talent and empowering businesses to delivering sovereign AI platforms and agentic AI solutions that enable organisations to work smarter, make better decisions and accelerate digital transformation. Through strategic partnerships across government, industry and the innovation ecosystem, the company remains committed to building AI that is practical, trusted and designed for Malaysia.

The Executives

INCEIF University Board Member Dato’ Izani Ghani Honoured With Kelantan Royal Award

INCEIF University has congratulated its Board Member, Dato’ Izani Ghani, on receiving the “Darjah Kebesaran Jiwa Mahkota Kelantan Yang Amat Mulia” (DJMK) from the Sultan of Kelantan, HRH Sultan Muhammad V. In a statement, INCEIF said the recognition reflects the calibre of leadership guiding the university, noting that its Board of Directors and University Senate comprise prominent regulators, scholars and industry leaders who help position INCEIF as a knowledge and thought leader in Islamic finance and the sustainability agenda. “This esteemed recognition reassures our confidence in having the right leadership for INCEIF,” the university said. The DJMK is a state honour conferred by the Sultan of Kelantan in recognition of individuals who have made significant contributions in their respective fields. INCEIF University, Malaysia’s global university of Islamic finance, has continued to draw on the expertise of its board and senate members to strengthen its role in shaping Islamic finance education and research.

Lifestyle

Deemples Launches Malaysia’s First Fully Digital Golf Membership

In collaboration with the Malaysian Golf Association (MGA), Deemples introduces an all-new earn-as-you-play membership that combines exclusive golf benefits, official WHS handicap services and lifestyle privileges into a single app. Deemples, Southeast Asia’s leading golf booking and community platform, has launched Deemples Pass, a fully digital golf membership designed to reward golfers for every round they play while supporting their journey from casual play to competitive golf. Developed in collaboration with the Malaysian Golf Association (MGA), Deemples Pass brings together golf rewards, recognised handicap services and lifestyle privileges through a single membership managed entirely within the Deemples app. The launch comes as the golf industry continues to explore new ways to encourage participation and strengthen golfer engagement. As players increasingly look for greater value from their leisure and fitness activities, memberships that reward participation while supporting progression in the sport are becoming increasingly relevant. For almost a decade, Deemples has connected golfers with tee times and playing partners across Southeast Asia. With Deemples Pass, the platform is expanding beyond golf bookings to offer a more integrated membership experience that combines digital convenience, rewards and recognised golfing credentials. “Deemples was built to solve a very simple problem: helping golfers find other people to play with. As golfers spend more time with the sport, they want an experience that gives them more than just a round of golf,” said David Wong, Founder and CEO of Deemples. “With so many activities competing for people’s time today, Deemples Pass was created to give golfers more reasons to stay connected to the game they love, rewarding them every time they play and making every round count.” Supporting Golfers From Casual Play to Competition A key feature of Deemples Pass is its collaboration with the Malaysian Golf Association (MGA), which enables eligible members to obtain a recognised World Handicap System (WHS) handicap. The WHS service allows golfers to accurately track their progress and supports their participation in amateur competitions in Malaysia and internationally. “Deemples has built one of the most active golf communities in the region and we are proud to collaborate with them on World Handicap System (WHS) recognition through Deemples Pass,” said Admiral (R) Tan Sri Mohd Anwar Mohd Nor, President of the Malaysian Golf Association (MGA). “Through Deemples’ marketing reach and digital distribution, we have an opportunity to introduce the official WHS to more golfers than ever before, helping to strengthen player development and foster greater participation in competitive golf.” What Deemples Pass Offers Deemples Pass is designed to provide value throughout a golfer’s journey, with key benefits including: Fully digital membership: The membership is managed through the Deemples app, eliminating the need for a physical membership card. Earn-as-you-play rewards: Members can access greater discounts, higher cashback on tee-time bookings, golf vouchers and member-only benefits as they play more often. Official WHS handicap services: Eligible members can obtain a recognised WHS handicap through Deemples’ collaboration with MGA, supporting participation in amateur competitions locally and internationally. Golf and lifestyle privileges: Members can access exclusive offers from participating golf courses, resorts and selected lifestyle partners through a single membership. Backed by Golf Courses and Lifestyle Partners Deemples Pass has also attracted participation from golf courses and industry partners, with clubs and brands offering exclusive privileges and bespoke vouchers to members. Among the participating partners is Mizuno, which is leveraging Deemples’ golfer community to connect with engaged players through exclusive member privileges. Seri Selangor Golf Club has also continued its collaboration with Deemples, using its booking technology and marketing capabilities to attract golfers, improve course utilisation and encourage repeat play. Meanwhile, Kelab Rahman Putra Malaysia (KRPM) sees the partnership as an opportunity to introduce a new generation of golfers to the club while maintaining the experience valued by its existing members. “Our partnership with Deemples has helped us do exactly that by introducing more golfers to our club during tee times that would otherwise be underutilised, while preserving the experience our members value,” said Jack Loi, Captain of Kelab Rahman Putra Malaysia. “Deemples Pass builds on this by making it even easier to welcome prospective members in a way that benefits golfers without compromising the exclusivity of club membership.” Growing Network of Deemples Pass Partners As of 30 July 2026, participating Deemples Pass partners include Be Golf Pro, Genesis Range @ Bangi Golf Resort, Miracles Golf, Seri Selangor Golf Club, Capri by Fraser Bukit Bintang, GSF Fitting Studio, Mizuno, Shoe Mo, Hard Rock Hotel Desaru Coast, CuciShoes, DELON, Kelab Rahman Putra Malaysia (KRPM), Pin High, Watatime, The Club by M Foremost, Four Points by Sheraton Desaru, Wedge Range, Health Oasis, Malaysian Golf Association (MGA), LIIT Hydration, Ramada Meridin Johor, Semarak Range @ Cyberjaya, Apple Physio, Wedge Essentials, EQ Kuala Lumpur, Penang Golf Club, Hawa Golf, Selesa Golf Course and Kelab Rekreasi Tentera Udara (KRTU). Now Available on the Deemples App Deemples Pass is now available as an optional annual subscription through the Deemples app on iOS and Android. Existing Deemples users can upgrade their membership directly through the app, while new users can register and subscribe digitally. For more information, golfers can visit deemples.com or download the Deemples app.

The Executives

Bintulu Port Appoints Ex-Petronas Executive Anuar Ismail As New Group CEO

Sarawak-owned Bintulu Port Holdings Bhd has appointed former Petroliam Nasional Bhd (Petronas) executive Anuar Ismail, 57, as its new group CEO, effective Aug 17, 2026. He takes over from Datuk Ruslan Abdul Ghani, 59, who is departing to join Sarawak Energy Bhd. Bintulu Port Holdings has yet to announce a successor for the president role, which Ruslan had held since December 2024 following an organisational restructuring. According to a filing, Anuar most recently served as head of state relations at Petronas. He previously held several senior positions within the national oil company, including head of integrated hydrocarbon management at Malaysia Petroleum Management, head of Sarawak assets at Petronas Carigali, and chairman and country head of Petronas South Sudan. New group CEO of Bintulu Port Holdings Bhd Anuar Ismail. Anuar holds a bachelor’s degree in electrical engineering from Case Western Reserve University in the US. The leadership change comes just over a month after Bintulu Port Holdings completed its transition to state ownership under the Sarawak government, via a tripartite agreement signed by the federal government, the Sarawak government, and Bintulu Port Sdn Bhd. The agreement released the federal government from its obligations under the 1992 privatisation agreement governing the port, marking the end of Bintulu Port’s more than three decades as a federal port. Bintulu Port Holdings had earlier described the transition as one of the milestones under the Malaysia Agreement 1963 (MA63), with Bintulu Port Sdn Bhd continuing to operate the port. The Sarawak government remains the largest shareholder of Bintulu Port Holdings, holding a combined 41.71% stake through the State Financial Secretary Sarawak and Equisar Assets Sdn Bhd, while Petronas owns a 28.52% interest. On Ruslan’s departure, Bintulu Port Holdings said he “played a key leadership role in overseeing the successful transition of the port transfer from being a Federal port to a Sarawak port and ensuring Bintulu Port Sdn Bhd continues as the port operator of Bintulu Port.” Ruslan joined the port operator in September 2022 as group chief executive designate before being appointed group CEO in March 2023. During his tenure, he oversaw the company’s expansion into beyond-port businesses and low-carbon initiatives, while leading its digital transformation and sustainability agenda, the filing noted. At the noon break on Monday, Bintulu Port Holdings’ shares fell 16 sen, or 2.9%, to RM5.34, valuing the group at RM2.46 billion.

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