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Investment & Market Trends

Kerjaya Prospek Shares Rise On RM858mil Data Centre Contract Win

Kerjaya Prospek Group Bhd (KPGB) shares rose in early trade today after the group secured an RM858 million contract for mechanical, electrical and plumbing (MEP) fit-out works at a data centre in Iskandar Puteri, Johor. At 10.24am, KPGB shares had risen four sen to RM3.12, with 467,100 shares traded. In a note today, Public Investment Bank Bhd said KPGB, through its wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd, had accepted a letter of award dated Sept 1, 2026, from a data centre developer for the MEP fit-out works. The contract carries a fixed lump-sum value of RM858 million. “The project is set to begin in the third quarter of 2026 and is expected to be completed within eight months. This win brings KPGB’s year-to-date contract wins to RM3.2 billion and its total outstanding order book to RM5.9 billion, further expanding its client base,” the research house said in the note. Public Investment Bank estimated that the project would contribute approximately RM26.0 million, or 9.6% of KPGB’s forecast earnings for the financial years 2026 and 2027, reflecting the meaningful boost the contract is expected to bring to the group’s overall financial performance. The bank maintained its “Outperform” call on KPGB and raised its target price to RM3.90, up from RM3.30 previously, citing the strength of the contract win and the company’s growing order book as key drivers behind the upgraded outlook. With this latest addition, KPGB’s expanding order book underscores its continued momentum in securing high-value construction and fit-out projects, particularly within Malaysia’s fast-growing data centre segment, which has become an increasingly significant contributor to the group’s overall project pipeline.

Energy & Technology

MDEC Named National Digital Tech Validator For Digital AgTech Programme

The Malaysia Digital Economy Corporation (MDEC) has been appointed by the Ministry of Agriculture and Food Security (KPKM) as the National Strategic Digital Technology Validator and implementing agency for the Digital AgTech Programme, aimed at driving digital transformation in the agri-food sector. MDEC said the appointment, announced at the Malaysia Agriculture, Horticulture and Agrotourism Exhibition (MAHA) 2026 on Aug 30, will expand its mandate to accelerate the adoption of artificial intelligence (AI) and digital technologies across the agri-food sector. “The initiative aims to increase productivity, optimise resource utilisation, strengthen food security and enhance the industry’s competitiveness,” the agency said in a statement. MDEC chief executive officer Anuar Fariz Fadzil said food security and digital economy development are two closely interrelated strategic national agendas. He said the appointment would help farmers and agro-entrepreneurs improve efficiency, expand market opportunities and strengthen the resilience of the country’s food supply. “Through i-AGRI, BidFresh and Agrovator@Sekolah, we are building an ecosystem that connects data, innovation, talent development and market access,” he added. To date, more than 800 Digital AgTech systems, including over 100 AI-based systems, have been deployed nationwide by local technology companies holding Malaysia Digital (MD) status. The implementation spans the crop, livestock, fisheries and aquaculture subsectors, with more than 30,000 participants having received training and exposure to Digital AgTech technologies. MDEC said the event also saw the launch of three strategic initiatives: the Digital Agriculture Technology Adoption Platform (i-AGRI), the BidFresh Platform and the Agrovator@Sekolah programme. The three initiatives complement one another in strengthening the country’s Digital AgTech ecosystem through data-driven planning, expanded market access and future talent development. The i-AGRI platform is an integrated platform that consolidates information on technology adoption across the crop, livestock, fisheries and aquaculture subsectors through statistics, maps, charts and interactive visualisations. BidFresh, meanwhile, directly connects agro-entrepreneurs with buyers through a digital platform that facilitates market matching, information sharing and transactions. Agrovator@Sekolah is a national talent development initiative that exposes primary and secondary school students to AI, the Internet of Things (IoT), automation and smart farming.

News

Indonesia Names NuEnergy’s Tanjung Enim Project A National Strategic Project

Indonesia has designated NuEnergy Gas Ltd’s Tanjung Enim Production Sharing Contract (PSC) as a National Strategic Project, granting the coal bed methane development greater government support as it moves towards production. NuEnergy, a 70%-owned subsidiary of Globaltec Formation Bhd, said Indonesia’s Ministry of National Development Planning had notified the company that President Prabowo Subianto had approved the designation, recognising the project’s importance to the country’s energy development priorities. In a filing with Bursa Malaysia, the company said the status is expected to facilitate closer coordination with the Ministry of Energy and Mineral Resources and other government authorities as it advances the project’s first approved Plan of Development (POD). The designation is also expected to support coordination on land access, permitting and infrastructure, potentially reducing execution risks and improving schedule visibility for the project. The Tanjung Enim project in South Sumatra is aimed at increasing Indonesia’s domestic gas supply through the development of coal bed methane resources, while also supporting local employment, skills development and infrastructure investment in the region. The designation comes as NuEnergy progresses its 25 million standard cubic feet per day (MMSCFD) Tanjung Enim POD 1. Indonesia’s Ministry of Energy and Mineral Resources approved the POD in June 2021 under a gross split scheme, with NuEnergy noting it was the first coal bed methane POD approved in Indonesia. The plan covers two target areas spanning approximately 33 sq km, or 13% of the Tanjung Enim PSC acreage, with production targeted at 25 MMSCFD. Separately, Globaltec said NuEnergy is raising A$3.05 million through a private placement of new shares priced at A$0.038 each, to support the development and commercialisation of its gas assets. The proceeds will primarily fund Tanjung Enim’s early gas sales initiative, or Phase 1, which targets one MMSCFD, followed by Phase 2, involving 24 MMSCFD. The funds will also be used to advance NuEnergy’s three other PSCs and to support working capital. The placement shares come with one free option for every two shares, exercisable at A$0.06 each over a two-year period. “Following completion of the placement, Globaltec Group’s equity interest in NuEnergy will be diluted marginally from 70% to 68%. NuEnergy will remain a subsidiary of Globaltec,” the company said. Globaltec added that the placement is not expected to have any material effect on the group’s earnings and net assets for the financial year ending June 30, 2027.

The Executives

Ikea Malaysia Appoints Takeshi Murai As Country Retail Director

Ikea Malaysia has appointed Takeshi Murai as its country retail director, effective today, succeeding Malcolm Pruys, who has led the Malaysia business since September 2022. The home furnishing retailer said the appointment comes as it enters its next phase of growth, with a focus on affordability, stronger omnichannel experiences and expanding its overall market reach. Country Retail Director of Ikea Malaysia – Takeshi Murai. “Murai’s first major milestones will be the opening of Ikea Kuching in December 2026, Ikea Malaysia’s first store in East Malaysia and its first small-format store,” the company said in a statement, signalling an important expansion for the retailer in the coming months. Murai, who brings nearly two decades of Ikea experience across Asia and Europe, joined the company in Osaka, Japan, in 2008, before going on to take on various retail and market leadership roles in Japan, Sweden and Finland. He relocated to Malaysia in 2024, initially serving as store manager of Ikea Batu Kawan, where he oversaw retail operations and customer experience, before subsequently taking on responsibility for Ikea’s stores across the Klang Valley. Murai said understanding how Malaysians live would remain fundamental to keeping Ikea relevant to their needs in his new role, as the company continues to look for ways to make its products and experiences more affordable and accessible across both its physical stores and digital channels. “Opening Ikea Kuching later this year is an important part of that journey. For the first time, we will bring the physical Ikea store experience to East Malaysia, closer to customers who have known and shopped with us for years. I am excited about what lies ahead and the opportunity to continue growing Ikea Malaysia together with our co-workers, customers and communities,” he said. Pruys, reflecting on his four-year tenure, said he was proud of how Ikea Malaysia had continued to evolve alongside its customers’ changing needs. “As Ikea Malaysia moves into its next chapter, I believe the business is in a strong position to keep growing in ways that are relevant, accessible and meaningful. Takeshi knows Ikea, he knows Malaysia, and most importantly, he understands that everything we do starts with the many people and how they live at home,” he said.

Investment & Market Trends

Zetrix AI To Acquire 50% Stake In MYEG Ventures Philippines For RM130m

Zetrix AI Bhd is acquiring a 50% stake in Philippines-based information technology services provider MYEG Ventures Inc for RM130 million through a cash-and-share deal. In a bourse filing, the digital services provider said it had entered into a share purchase agreement with Next Lion Ltd on Sept 1 to acquire 15.25 million ordinary shares in MYEG Ventures. Next Lion’s sole shareholder and director is Yap Shon Leong. MYEG Ventures is principally involved in providing information technology services and holds a 60% stake in MYEG Philippines Inc. Upon completion of the acquisition, MYEG Philippines will become a subsidiary of Zetrix AI. Zetrix AI said the acquisition is aimed at strengthening the group’s expansion strategy in the Philippines by establishing and enhancing its presence in the market. It is also expected to broaden the group’s business operations and customer base, complement its existing business strategies, and support its long-term growth plans in the country. Zetrix AI plans to fund the acquisition through a combination of cash and the issuance of up to 360.57 million new ordinary shares in the group. Barring any unforeseen circumstances, the acquisition is expected to be completed within three months of all conditions precedent being met, on a date to be mutually agreed between Zetrix AI and Next Lion. Trading in Zetrix AI was halted for one hour and is scheduled to resume at 10am on Wednesday. The counter last traded at 26.5 sen, its lowest level in 12 years, after coming under heavy selling pressure since last week.

ESG

Protecting What Manufacturers Cannot Afford to Lose

Packaging is easy to overlook when everything goes right. But as products become more valuable and supply chains more demanding, companies such as Clean Pack are turning protection into an increasingly sophisticated part of manufacturing. Packaging is designed to disappear. Once an electronic component, piece of furniture or manufactured product reaches its destination safely, the foam, carton and protective materials surrounding it have largely completed their job. Few customers stop to consider what went into protecting the product along the way. Director of Clean Pack Sdn Bhd – Kok Keng Tong. But when packaging fails, everybody notices. A damaged component can mean rejected shipments, replacement costs, production delays and dissatisfied customers. Multiply that across thousands of products moving through increasingly complex supply chains, and packaging becomes less of a consumable and more of a business risk. That is the space occupied by Malaysian manufacturer Clean Pack Sdn Bhd. The company designs and manufactures industrial packaging including EVA, PE and PU foam, die-cut components, bubble bags, corrugated cartons and anti-static materials for sectors including electronics, furniture, apparel and other manufacturing industries. Its real business, however, is protecting value.   More Than a Box Industrial packaging is becoming increasingly technical. Different products respond differently to impact, vibration, pressure and static electricity. Standard packaging may be cheaper initially, but if it fails to protect what is inside, the eventual cost can be considerably higher. Clean Pack therefore works with manufacturers to develop packaging around individual product requirements, taking into account materials, dimensions, densities and protection levels. This changes the relationship between manufacturer and packaging supplier. The question is no longer simply how many cartons or foam inserts are required. It becomes: What are you transporting? What could damage it? How much protection does it actually need? And can that protection be achieved more efficiently? Increasingly, that final question matters.   Engineering Out the Excess Manufacturers today face simultaneous pressure to control costs, improve efficiency and reduce environmental impact. Packaging sits directly at the intersection of all three. Over-engineering creates unnecessary material, cost and waste. Under-engineering exposes valuable products to damage. Finding the balance requires more than simply using less packaging. It requires better design. Clean Pack’s approach is to create packaging that is fit for purpose — providing sufficient protection without adding material unnecessarily. Better-designed packaging can also improve storage, handling and logistics efficiency, making packaging part of the broader supply-chain equation. Over the past 12 to 18 months, the company has placed greater emphasis on material utilisation, manufacturing efficiency and waste reduction. Instead of focusing exclusively on higher production output, Clean Pack has invested resources in improving material yield, quality control and production processes to minimise scrap and rework. There is an environmental benefit, but also a clear commercial one. Every piece of unnecessary material represents cost. Every rejected component consumes resources without creating value. And every product damaged because of inadequate packaging can generate another round of manufacturing, transportation and waste. Efficiency and sustainability increasingly point in the same direction.   Managing the Complexity of Growth Clean Pack’s own expansion has created another challenge: maintaining responsiveness and consistency as operations become more complex. As customer requirements, product varieties and production volumes increase, businesses can no longer depend primarily on individual knowledge. Clean Pack has responded by strengthening standardised processes, quality management and delegation across the organisation. Its ISO 9001 quality management standards support that emphasis on consistency, while investments in automation, manufacturing capabilities and employee development are preparing the company for increasingly sophisticated customer demands. Leadership has evolved alongside the business, with greater responsibility given to managers and teams to solve problems and drive continuous improvement. That transition is particularly important in customised manufacturing. More customers and designs mean more variables to manage. The organisation behind the factory must therefore become more sophisticated alongside the products it makes.   Protecting More Than the Product Clean Pack’s next ambition is to move beyond being viewed simply as a packaging manufacturer. It wants to become a more integrated solutions provider, using engineering, automation, process improvement and data-driven decision-making to help customers address protection, efficiency and sustainability simultaneously. That ambition reflects how industrial packaging itself is changing. As manufacturing becomes more sophisticated, the companies supporting manufacturers must evolve with it. Packaging suppliers increasingly need to understand materials, logistics, product characteristics and environmental performance — not merely manufacture something to put around a product. Because what Clean Pack ultimately protects is larger than what sits inside the box. It protects the manufacturer’s investment in making it, the cost of transporting it, the reputation attached to it and the customer’s expectation that it will arrive exactly as intended. Those are things manufacturers cannot afford to lose.  

Lifestyle

What Does It Take To Build The Next Big Food Brand?

For Muiz Hot Chicken, the answer has less to do with opening as many outlets as possible and more to do with building the systems, people and infrastructure that allow a brand to grow without losing what made customers choose it in the first place. Everyone has an opinion about fried chicken. How crispy should it be? How spicy? How much should it cost? Is it worth travelling for, or does convenience win? In Malaysia, where consumers have no shortage of local and international choices, getting someone to try a new food brand may be relatively easy. Getting them to come back is considerably harder. Founder of Muiz Food Industries Sdn. Bhd – Muhamad Muizzuddin bin Remle. That is the environment in which Muiz Hot Chicken is trying to build its next chapter. Established in 2013 under Muiz Food Industries Sdn. Bhd., the homegrown halal food brand has developed around a relatively straightforward proposition: quality fried chicken at an accessible price. But building the next big food brand requires considerably more than a good recipe. Behind the restaurants and kiosks is a growing business spanning franchise operations, food manufacturing, raw-material supply, training, quality assurance and operational support. It is this less visible side of Muiz that may ultimately determine how far the brand can go.   Getting the Everyday Meal Right Food is one of the most personal consumer businesses. People may be willing to experiment, but they also develop habits quickly. A favourite meal becomes a regular order. A convenient restaurant becomes the default choice. And when consumers know exactly what something should taste like, inconsistency becomes immediately noticeable. For Muiz, that makes accessibility important — but consistency equally so. Its customer base stretches across families, students and working professionals, placing the brand firmly within the everyday dining market. These are consumers who are looking not only for taste, but also value, convenience and reliability. Those expectations have expanded considerably in recent years. Consumers now interact with food brands through delivery platforms, social media, digital promotions and physical stores. Food safety, service, convenience and brand reputation increasingly sit alongside price and taste when deciding where to eat. Muiz has consequently had to think about the customer experience as something much larger than what happens at the counter.   The Restaurant Is Only the Front End What customers see is fried chicken. What they do not see is the infrastructure required to make that chicken taste the same across a growing network of outlets. Muiz manufactures and supplies food products and raw materials to its franchisees and business partners. This gives the company greater involvement in the supply chain supporting the brand and, importantly, greater ability to protect consistency as it expands. That matters because scale has a habit of exposing weaknesses. A handful of outlets can often be managed through close supervision. Add more locations, franchisees, employees and suppliers, and informal ways of working become increasingly difficult to sustain. Standard operating procedures become essential. Training has to be repeatable. Quality needs to be monitored. Communication must travel quickly through the organisation. For Muiz, growth has therefore required its leadership to become increasingly systems-driven. It is a transition familiar to many entrepreneurial businesses: the company can no longer depend solely on individuals knowing what to do. The knowledge has to become part of the organisation itself.   The Franchisee Has to Win Too There is another customer in Muiz’s business model: the entrepreneur operating under its name. Franchising has allowed countless food businesses to expand, but selling a franchise and building a successful franchise network are two very different propositions. Muiz sees its role as extending beyond providing a name, menu and outlet format. Its franchise ecosystem includes operational training, supply-chain management, quality assurance, marketing support and continuous business coaching. That distinction is important. Every franchise outlet carries the reputation of the entire brand. A poorly managed location does not only affect its owner; it can influence how consumers perceive every other outlet carrying the same name. The success of the franchisee and the reputation of the brand are therefore closely connected. For Muiz, creating opportunities for aspiring entrepreneurs has become part of the broader purpose of the business. Its growth generates employment, supports suppliers and creates potential entry points for people who want to operate businesses of their own. The challenge is making sure opportunity is accompanied by enough structure to make it sustainable.   Why Bigger Isn’t Always Better There is an obvious way to demonstrate growth in the restaurant industry: open more stores. Muiz is becoming more cautious about treating outlet numbers as the ultimate measure of success. For the company today, growth means strengthening its restaurant network while simultaneously developing manufacturing capabilities, improving its supply chain, investing in people and increasing operational efficiency. It also means knowing when not to grow. Rapid expansion can produce impressive numbers, but it can also place enormous pressure on supply chains, employees, franchisees and quality control. If the infrastructure behind the brand cannot keep pace with the storefronts carrying its name, growth can quickly become a liability. Muiz says it is deliberately avoiding expansion that could compromise product quality, franchisee performance or customer trust. That philosophy is shaping where capital goes next. Investments are being assessed according to whether they improve customer experience, increase scalability and create longer-term value rather than simply producing faster expansion.   Building for What Comes Next The same thinking is beginning to influence Muiz’s approach to sustainability and governance. Over the past year, the company has started incorporating environmental, social and governance principles into its strategy through governance improvements, stakeholder engagement and operational assessments. For a growing food company, these considerations eventually touch almost every part of the organisation — from sourcing and manufacturing to employment, waste, supply-chain practices and relationships with franchise partners. Some initiatives inevitably require additional investment without producing an immediate financial return. Muiz sees them instead as part of preparing the organisation for a larger and more resilient future. And

ESG

What Happens When An Old Industry Thinks New?

Some industries are built around disruption. Others are built around things people have been doing for generations. Religious worship products firmly belong to the second category. The rituals are familiar. The symbols carry history. Many of the products have existed in one form or another for decades, if not centuries. Yet behind this deeply traditional market, consumer expectations are changing just as they are everywhere else. CEO & Founder of Suan Leong Hang (M) Sdn Bhd – Mr Goey Lai Poh. People still want tradition. They also want better quality, greater safety, longer-lasting products and increasingly, more environmentally conscious choices. That is where Suan Leong Hang found room to rethink an old industry. The Malaysian manufacturer and wholesaler supplies religious and worship products across Malaysia and Asian markets including Thailand, Vietnam, China, Taiwan, Singapore and Indonesia. Its portfolio spans worship table lamps, incense, prayer accessories, ceremonial offerings, eco-friendly paraffin lamp oil and candle wax. The interesting part of its story, however, is not simply what it sells. It is how frequently the company has been willing to change the products surrounding traditions that themselves remain largely unchanged.   First Came the Light Bulb One of Suan Leong Hang’s earlier opportunities came from worship table lamps. At the time, much of the market still relied on traditional incandescent bulbs. They consumed more electricity, generated greater heat and had shorter lifespans. Some imported lighting products also presented durability and safety concerns because they were not sufficiently suited to Malaysian electrical conditions. The company saw an opportunity to introduce something better. Suan Leong Hang became an early promoter of LED-based worship lighting, bringing the benefits already transforming conventional lighting — lower energy consumption, less heat, longer lifespans and reduced maintenance — into the religious products market. Nothing about the ritual needed to change. Only the technology did. It proved an important lesson for the business: even in highly traditional categories, customers will embrace innovation when it makes a familiar product safer, easier or more reliable. Then came the inevitable problem with being early. Everyone else catches up. LED technology became widely available and the market increasingly crowded. Technology alone could no longer provide meaningful differentiation. So Suan Leong Hang moved the conversation from what was inside the product to the quality of the product itself.   Ten New Ideas a Year Today, the company introduces at least 10 new products annually. That is a surprisingly aggressive innovation cycle for a business operating in a category most consumers would probably not associate with rapid product development. The strategy has taken Suan Leong Hang beyond the worship lamps on which it established its reputation and into premium incense and a wider range of devotional products. But entering a new category exposed another business reality: customers do not automatically trust a company simply because they recognise its name. When Suan Leong Hang moved into incense, customers initially associated the brand with lighting. Instead of relying solely on advertising to change that perception, the company concentrated on product quality, customer education and market engagement. Acceptance came gradually. Then came repeat purchases. For Suan Leong Hang, this revealed an asset more valuable than any single product: the ability to transfer trust. If customers believe in the quality behind one category, that credibility can eventually open the door to another.   Don’t Wait to Be Disrupted That philosophy has shaped how the company thinks about growth. Internally, Suan Leong Hang works around a simple idea: continuously improve before the market forces you to change. It is a useful rule in an era when businesses can lose an advantage remarkably quickly. Instead of waiting for competitors to dictate the next move, resources are directed towards product innovation, quality improvements, production efficiency and supply-chain optimisation. The company is equally clear about what it does not want to become. It does not pursue growth through imitation. Nor does it define progress simply by becoming larger. Its stated philosophy is to surpass rather than copy, while refusing opportunities that could undermine product quality or long-term brand value. That makes quality less of a manufacturing claim and more of a growth strategy. Its own phrase — “Quality Determines the Future” — captures the thinking. A customer who buys once contributes to sales. A customer who trusts the brand enough to return — or follow it into an entirely different product category — contributes to something harder to build. Longevity.   Tradition Has Consumers Too This may ultimately be the most important point about Suan Leong Hang’s market. Tradition does not exist outside consumer behaviour. People still compare products. They notice quality. They care about safety and convenience. Environmental considerations increasingly influence expectations. Younger generations may continue religious practices while expecting the products surrounding those practices to fit more naturally into modern life. The opportunity, therefore, is not to reinvent the ritual. It is to keep improving everything around it. Suan Leong Hang has already moved from incandescent bulbs to LED technology, from worship lamps into new product categories, and from Malaysia into markets across Asia. The next innovation will eventually be followed by another. Because an old industry does not necessarily need to behave like one. Sometimes the traditions that last the longest are supported by businesses willing to keep changing.  

Events

Malaysia Charts Course “Beyond Certification” As International Sustainability Week 2026 Opens In Kuala Lumpur

Government officials, industry leaders and global experts converge at MITEC to push the built environment from green labels toward measurable, net-zero performance. International Sustainability Week (ISW) 2026 opened at the Malaysia International Trade and Exhibition Centre (MITEC) on Thursday with a clear message from government and industry: green-building certification is a milestone, not a finish line, and the shared task now is turning climate policy into tangible results on the ground. The two-day event was officially launched by the Minister of Natural Resources and Environmental Sustainability, Datuk Seri Arthur Joseph Kurup, alongside Rehda Malaysia deputy president Datuk Edward Chong Sin Kiat, GreenRE chairman Datuk Seri FD Iskandar, Qube Integrated Malaysia managing director Jessie Tan and Rehda Wilayah Persekutuan KL chairperson Datuk David Lim Boon Huat. ISW 2026 is organised by Qube Integrated Malaysia and co-organised by GreenRE. This inaugural programme pairs the sixth International Green Build Conference (IGBC) with the newly launched GreenScape: International Green Innovation Exhibition, bringing together developers, solution providers and government agencies across green technologies, policy and financing. In his keynote address, Datuk Seri Arthur Joseph Kurup said Malaysia’s cities can no longer settle for doing less harm. “They must become climate-resilient and actively give back to the environment,” he said, citing UN and IEA data showing buildings account for over a third of the world’s energy consumption and nearly 40% of energy-related emissions. Certification, he added, is an essential first step, but on its own it does not reduce carbon emissions; operational transformation does. “The transformation of our built environment will not happen through a single policy or project,” Kurup said. “It will happen through thousands of decisions made daily by architects, engineers, planners, developers, financiers, policymakers, and communities.” In his speech, ISW 2026 co-chair and GreenRE chairman Datuk Seri FD Iskandar argued that Malaysia already has strong sustainability policies, growing industry capability and home-grown assessment tools. The remaining gap, he said, is connecting those pieces so that certification translates into buildings that genuinely use less energy and water, cut emissions and perform better over time — framing certification as evidence of progress rather than an end goal in itself. Qube Integrated Malaysia’s Jessie Tan echoed that theme in her welcoming remarks, telling delegates that achieving a net-zero future will require unified action combining clear policy, rigorous standards, capital and skilled people willing to execute — and that no single organisation, industry or government can deliver the transition alone. Among the first day’s speakers was Expo City Dubai executive director Nadia Verjee, who urged cities to think beyond reducing harm and instead ask what they can create more of — resilience, biodiversity, productive economies and human connection, a concept she termed “place power.” Citing Dubai’s experience repurposing roughly 80% of Expo 2020’s infrastructure after the event, Verjee said long-term legacy planning, not certification badges, should be the real measure of a sustainable development. A separate panel on climate-resilient urban design featured PLAN Malaysia’s Dr Chee Ping Ngang, former UN-Habitat senior policy adviser Dr Shipra Narang Suri and Global Network for Zero’s Geetanjali Prasad, who examined how cities can shift from mitigation-only planning toward resilience-led transformation. The day closed with a panel on decarbonising energy systems at scale, where Malaysian Nuclear Agency official Julia Abdul Karim argued that clean-energy planning should not be framed as a binary choice between nuclear and renewables, given rising demand from industrial growth and artificial intelligence. Advisory Council for Atomic Energy chairman Datuk Raja Abdul Aziz Raja Adnan and Tenaga Nasional Bhd’s Dr Noor Miza Razali, moderated by Universiti Tenaga Nasional’s Prof Tiong Sieh Kiong, discussed the need to replace roughly 7 gigawatts of capacity as coal is phased out, and the role battery storage and nuclear power could play in supporting an increasingly renewables-heavy grid. Themed “From Certification to Transformation, Building a Net Zero Future Together”, ISW 2026 continues into its second day under the sub-theme “Path to Sustainable Cities for All: The Urban Transition Towards Net Zero,” with sessions covering planning governance, green infrastructure, flood resilience and public-private collaboration.— The Exchange Asia

Events

Beyond The Boardroom Seat: “She Leads. She Defends.” Puts Malaysian Women At The Centre Of The Country’s Digital Rulebook

Inaugural Law, Risk and Governance forum in Kuala Lumpur drew judges, regulators and general counsels to tackle AI governance, cybersecurity and the future of legal leadership   Malaysia’s push to govern Artificial Intelligence, Cybersecurity and Data Protection took centre stage on Saturday at the inaugural She Leads. She Defends: Women in Law, Risk & Digital Governance Forum 2026, held at Four Points by Sheraton, Puchong. Organised by WomenAtlas Media & Events, powered by Laurea People’s Signature and founded by Nisha Meng Mingg Li, the one-day forum drew judges, regulators, board directors, general counsels and rising legal talent under a theme that set the tone for the day: Where Governance Met Its Match: The Women Shaping Malaysia’s Digital Future. The event argued that the conversation around women in business has moved past counting board seats and into a more consequential question — who writes the rules governing Malaysia’s digital economy. The opening programme was officiated by Dalvin Kaur, Head of Legal, Group Global Banking at Malayan Banking Berhad and a council member of the Chartered Governance Institute, Malaysia, alongside co-officiator Rita Irina Wahab of Naza Corporation Holdings. The day was structured around four pillars — Law & Justice, Policy & Governance, Business & Leadership, and AI, Cyber & Digital Trust — reflecting organisers’ view that these functions, once siloed, can no longer be treated separately inside modern companies.   AI Governance emerges as the Sharpest Gap The forum’s most closely watched session, “AI Governance: Are Malaysian Organisations Really Ready?”, featured Dr Salasiah Abbas of SOVA Intelligence, Wendy Lim of the High Court of Malaya and Cally Yau of PEOPLElogy, moderated by Moyra Ibrahim of ECS Solution Group. Panellists pointed to a stark implementation gap: while the large majority of organisations report having some form of AI governance framework in place, only a small fraction say those frameworks are actually working effectively in practice — underscoring that adoption of AI tools has outpaced companies’ ability to manage the risks that come with them, from data leakage and algorithmic bias to unresolved questions of accountability and intellectual property. A companion keynote, “Law in the Age of AI: Why Every Legal Leader Must Understand Technology,” delivered by Dr Pin Lean Lau, Founder and CEO of ReGenTech, argued that technical fluency is becoming a core competency for legal leaders rather than a niche specialism. As artificial intelligence reshapes how businesses operate, she cautioned, choosing not to understand the technology is itself a risk, one the profession can no longer afford to overlook. The message to the room was clear: in a rapidly changing legal landscape, understanding the tools is no longer optional.   Cybersecurity and Digital Evidence as Boardroom Duties Jane Teh, Founder and CEO of VortiQ[x], addressed “Cybersecurity in the Boardroom: Leading the Digital Defence,” reframing cyber risk as a governance responsibility for directors rather than a purely technical matter for IT departments, including the obligations boards carry before and during a breach. She warned that a board that has never rehearsed a breach scenario risk freezing on the decisions that matter most while the clock is running and argued that strong oversight should be a standing agenda item, not an occasional briefing. The rise of agentic AI, she added, only sharpens the stakes, as systems that once merely recommended now act, at machine speed, with the authority organisations grant them. The forum also looked at how digital transformation is reshaping the justice system itself. Raihanah Abd Razak of the Attorney General’s Chambers of Malaysia presented “From Investigation to Prosecution: Enforcing Law in a Cyber-Enabled World,” examining how decisions made early in a digital investigation can determine whether evidence later holds up in court as emails, cloud records, access logs and messaging data increasingly become central to criminal and corporate cases. A further panel, “The Modern Legal Leader: Where Law, Risk, Compliance and Regulation Meet,” brought together Azreena Askalani of Bursa Malaysia, Jiwantti G. of YTL Communications and Syafiqah Abdul Razak of Atiqah Syafiqah & Associates, moderated by Rhaveena Shree Darhavyl of Iconix Property & Asset Management, on how legal, risk and compliance functions are converging — and why that convergence can be a competitive advantage as Malaysian companies expand across ASEAN’s varied regulatory landscapes.   A Platform Built for Succession Organisers deliberately opened the room beyond established professionals, reserving places for young lawyers, graduates and selected students alongside judges, arbitrators, general counsels, board directors, regulators and policymakers — institutions represented on the day included Maybank, Bursa Malaysia, the Attorney General’s Chambers, the High Court of Malaya, the Public Service Department and Asia Pacific University. WomenAtlas Media & Events, which describes itself as a women’s leadership platform connecting members with funding, opportunities and strategic networks through forums, summits and awards, positioned She Leads. She Defends. as its inaugural Law, Risk and Governance forum. With Malaysia’s regulatory environment around AI, Cybersecurity and Data Protection still being written, organisers framed the forum’s core message as a call for women across law, business and technology to help shape that rulebook — rather than simply operate within one built without them.  

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