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Investment & Market Trends

Bursa Malaysia Reprimands Techna-X Over Late Annual Report And Audit Changes

Bursa Malaysia Securities Bhd has issued a public reprimand against Techna-X Bhd for failing to comply with the Main Market Listing Requirements following delays in submitting its annual report and discrepancies between its unaudited and audited financial results. In a statement, Bursa Malaysia said Techna-X failed to release its annual report for the 18-month financial period ended 31 December 2025 within the stipulated deadline of 30 April 2026. The company subsequently issued the report on 8 May 2026, five market days after the deadline. The regulator also identified discrepancies in Techna-X’s sixth quarterly financial report for the period ended 31 December 2025, which was announced on 27 February 2026. According to Bursa Malaysia, the quarterly results did not incorporate several accounting adjustments that were later reflected in the company’s audited financial statements. Techna-X initially reported an unaudited loss attributable to owners of the company of RM23.58 million. However, its audited financial statements recorded a higher loss of RM29.25 million. The difference amounted to RM5.677 million, representing a deviation of 24.1% from the previously announced unaudited results. Techna-X attributed the discrepancy to additional audit adjustments, including impairment losses involving other receivables, amounts owed by associated companies and intangible assets. The adjustments also included accounting changes arising from the waiver of debts owed to directors of a subsidiary. However, Bursa Malaysia rejected the company’s explanation, stating that the circumstances requiring these adjustments had already existed when the quarterly financial report was prepared. “Hence, there was no reasonable change in circumstances and Techna-X could not rely on the finalisation of the audit or external auditors’ recommendations to justify its failure to take into account the adjustments,” the regulator said. Bursa Malaysia further explained that the delay in issuing the annual report was primarily due to Techna-X’s failure to maintain or provide the necessary financial information, supporting documents and accounting records required by its external auditors to complete the audit within the prescribed timeframe. Although the annual report was submitted only five market days late, the regulator stressed that the delay had prevented investors from accessing the company’s audited financial information for a period exceeding 18 months. As part of its enforcement measures, Bursa Malaysia has directed Techna-X to subject its quarterly financial reports to a limited review by its external auditors for four consecutive quarters, beginning no later than the financial period ending 30 September 2026. The company is also required to ensure that its directors and relevant employees undergo training on compliance with the Main Market Listing Requirements, particularly those relating to financial reporting obligations. In addition, Techna-X’s board of directors must conduct a comprehensive review of the adequacy and competency of its finance and accounting personnel, as well as evaluate the effectiveness of its existing financial reporting policies, internal procedures and controls. These measures are intended to strengthen the company’s financial reporting practices, improve regulatory compliance and minimise the risk of similar breaches in the future. Bursa Malaysia clarified that its investigations did not establish that any of Techna-X’s directors had caused or permitted the breaches. Nevertheless, the regulator emphasised that directors remain responsible for maintaining appropriate standards of corporate governance, accountability and oversight to ensure that their companies comply with applicable listing requirements. “Bursa Malaysia views the breaches seriously and has reminded Techna-X and its board of their responsibilities to maintain the appropriate standards of corporate responsibility and accountability to its shareholders and the investing public and ensure that such breaches do not recur,” it said. The enforcement action reinforces Bursa Malaysia’s commitment to maintaining transparency, accuracy and accountability in corporate financial reporting, while safeguarding the interests of shareholders and the investing public.

The Executives

KLK Appoints Lee Jia Zhang As CEO, Succeeding His Father

Kuala Lumpur Kepong Bhd (KLK) has appointed Lee Jia Zhang as its new Chief Executive Officer (CEO), effective 1 October 2026, as part of the group’s planned leadership succession and commitment to ensuring continuity in its long-term business strategy. New KLK CEO Lee Jia Zhang. Lee, 43, who previously served as the group’s Chief Operating Officer (COO), succeeds his father, Tan Sri Lee Oi Hian, who remains Executive Chairman of KLK. In a statement, KLK said the leadership transition reflects the group’s commitment to maintaining a stable management structure while strengthening its strategic direction and operational performance across its diversified business portfolio. The company highlighted Lee’s extensive experience within the organisation, having held various management and leadership positions since joining KLK in April 2010. Throughout his career, he has developed a comprehensive understanding of the group’s operations, spanning plantations, oleochemicals, refining, property development and corporate management. According to KLK, his broad exposure across these business segments has equipped him with the leadership capabilities and industry knowledge required to guide the group through its next phase of growth. Before joining KLK, Lee began his professional career in auditing, gaining experience with Ernst & Young LLP in the United Kingdom and KPMG in Kuala Lumpur. Following his entry into KLK, he progressively assumed senior management responsibilities, particularly within the group’s oleochemical and corporate divisions. Among his notable appointments was his role as Managing Director of Palm-Oleo Sdn Bhd from January 2017 to December 2018, followed by his appointment as CEO of KLK OLEO, a position he held from April 2022 until September 2024. He was appointed to KLK’s Board of Directors as Executive Director on 16 May 2018 and subsequently assumed the position of COO on 1 October 2021. His experience across these roles has contributed to his understanding of KLK’s business operations, strategic priorities and organisational culture. Beyond his responsibilities within the group, Lee has maintained an active presence in the palm oil and oleochemical industries through various leadership and advisory appointments. He currently serves as Chairman of the ASEAN Oleochemical Manufacturers Group, Secretary and Council Member of the Malaysian Palm Oil Association, and a member of the Board of Trustees of the Malaysian Palm Oil Council. His previous industry appointments include Chairman of the Malaysian Oleochemical Manufacturers Group, Board Member of the Malaysian Palm Oil Board and Executive Committee Member of the Chemical Industries Council of Malaysia. These positions reflect his involvement in industry development and engagement with key stakeholders across Malaysia’s palm oil and oleochemical sectors. Commenting on the appointment, KLK Executive Chairman Tan Sri Lee Oi Hian expressed the board’s confidence in Lee’s leadership capabilities and ability to advance the group’s long-term objectives. “Having demonstrated his strong leadership, professional capability and business foresight throughout his service with KLK, the board of directors is delighted to appoint Lee as the incoming CEO,” he said. “We have full confidence that he will build on the strength of the group laid over decades and take KLK towards robust and sustained growth as well as our vision of becoming a globally recognised agri-based organisation, with aspiration to be a beacon of our industry,” he added. Meanwhile, Lee described his appointment as both an honour and a significant responsibility, acknowledging the legacy established by his father and the leadership team over the years. He said it was “both a great privilege and responsibility to take the baton” from Oi Hian as the group’s next CEO. The leadership transition marks a new chapter for KLK as the group continues to pursue its strategic priorities across its core plantation and downstream businesses. With Lee assuming the CEO position and Oi Hian continuing as Executive Chairman, KLK aims to maintain leadership continuity while positioning its operations for sustained growth and long-term value creation. The appointment also underscores the group’s emphasis on developing experienced internal leadership to support its ambition of becoming a globally recognised agri-based organisation.

News

Mikro MSC To Acquire Company For RM30 Million

Mikro MSC Bhd has proposed to acquire Broadguard Sdn Bhd, a company specialising in the wholesale distribution of cables and security system products, for RM30 million as part of its strategy to diversify its business operations and strengthen its long-term growth prospects. The proposed acquisition will see Mikro MSC purchase Broadguard from its existing owners, Sie Chee Din and Wong Meng Jie, marking a potential expansion into the wholesale and distribution of cables and related products used primarily in security and surveillance systems. In a filing with Bursa Malaysia, Mikro MSC said its existing business activities span several sectors, including electrical and electronics, biomass fuel through an associated company, as well as signage and interior fit-out services. The group noted that it remains focused on identifying strategic business opportunities that can complement its existing operations, broaden its business portfolio and contribute positively to its long-term financial performance. According to the company, the proposed acquisition represents an opportunity to establish a presence in the cable distribution segment, particularly in products supporting security and surveillance applications. Mikro MSC said its management continues to evaluate suitable investments and business opportunities that could support sustainable growth while enhancing shareholder value. The acquisition is also expected to provide the group with an opportunity to diversify its revenue sources and expand its participation in related electrical and security infrastructure markets. By incorporating Broadguard’s wholesale distribution activities into its broader business portfolio, Mikro MSC aims to strengthen its market presence and explore potential business synergies with its existing operations. The proposed transaction reflects the group’s ongoing efforts to pursue strategic expansion opportunities and position itself for long-term business growth. The acquisition remains a proposal, and its completion is subject to the relevant terms and conditions.

ESG

FWD And JA SparktheDream To Empower Malaysian Students With Essential Financial Literacy Skills

FWD Malaysia (FWD) has partnered with JA Malaysia, an education-focused non-profit organisation, to organise JA SparktheDream , a nationwide financial literacy programme designed to equip secondary school students with the knowledge and confidence to make informed financial decisions for their future. The initiative involved a series of 14 workshops across 14 secondary schools in Peninsular Malaysia, reaching approximately 1,700 students. As of 31 August 2026, all 14 workshops have been successfully conducted as planned, benefiting 1,693 students, with the support of FWD employee volunteers. In Malaysia, the initiative reflects FWD’s long-term investment in strengthening financial knowledge and life skills among young Malaysians, helping them build a stronger foundation for their future financial wellbeing. The half-day workshops are delivered through an engaging and interactive approach, combining practical activities, discussions, and a proprietary financial literacy module developed by JA Malaysia. Students also participate in an educational board game that introduces key financial concepts in a fun and relatable manner, encouraging them to develop positive financial habits from an early age. Aman Chowla, Country CEO said “At FWD, we believe financial literacy is a critical life skill that empowers individuals to make informed decisions and build greater financial resilience. Through our partnership with JA Malaysia, we are helping young Malaysians gain practical knowledge and confidence to navigate real-life financial situations. By investing in financial education today, we hope to inspire a generation that is better prepared to achieve their aspirations and secure their future.” Beyond classroom learning, the programme is further strengthened by the participation of FWD employee volunteers, who support workshop activities and engage directly with students. Their involvement reflects FWD’s commitment to creating positive and lasting impact in the communities it serves. Since launching its financial literacy initiatives in Malaysia, FWD has reached more than 8,000 students nationwide, and expects to benefit over 10,000 students by the end of 2027. The company remains committed to expanding access to financial education and supporting efforts to improve financial literacy among underserved communities across the country. The FWD and JA SparktheDream Programme forms part of FWD’s broader community care efforts aimed at empowering individuals and communities to celebrate living and build brighter futures.

Events

50 Outstanding SMEs Recognised At The E50 Awards

A total of 50 outstanding Small and Medium Enterprises (SMEs) were recognised at the Enterprise 50 (E50) Awards 2026, organised by SME Corp. Malaysia, an agency under the Ministry of Entrepreneur Development and Cooperatives (KUSKOP). The award recipients were celebrated at the E50 Awards Gala Dinner on 16 October 2026, officiated by YB Encik Steven Sim Chee Keong, Minister of Entrepreneur Development and Cooperatives. The E50 Awards is a prestigious programme that recognises the achievements of Malaysia’s top 50 SMEs. The key eligibility criteria for participation are as follows: Meet the official definition of Micro, Small and Medium Enterprises (MSMEs); Achieve a minimum three-star rating under the SME Competitiveness Rating for Enhancement (SCORE) programme; Not be listed on Bursa Malaysia; Possess audited financial statements for the latest three financial years; and Subsidiaries are not eligible if their parent companies are participating. Since its introduction in 1997, the E50 Awards, themed “Celebrating the Spirit of Malaysian Entrepreneurship,” has earned recognition from industry players and the business community for more than two decades, establishing itself as a symbol of credibility and SME excellence. To date, SME Corp. Malaysia has recognised 843 award recipients, of whom 67 have successfully secured listings on the capital market. In his speech, YB Encik Steven Sim highlighted that, as part of the Government’s efforts to strengthen Malaysia’s business ecosystem, the E50 Awards programme has been identified as one of the key programmes under KUSKOP’s Hebatkan Perniagaan Malaysia (HPM) initiative, which he personally introduced. He further emphasised the Government’s continued commitment to strengthening Malaysian businesses, particularly through Budget 2027, as announced by the Prime Minister. With allocations for MSMEs increasing to RM57 billion, the Budget reinforces support through greater access to financing, reduced operating costs and expanded market opportunities. This positions Budget 2027 as a budget dedicated to MSMEs and 2027 as Malaysia’s Year of MSMEs. Meanwhile, commenting on this year’s programme, YBrs. Encik Rizal bin Dato’ Nainy, Chief Executive Officer of SME Corp. Malaysia and Chairman of the E50 Organising Committee, said: “This year, we received a total of 160 nominations, marking the highest number of submissions in the history of the E50 Awards. We also welcomed a new line-up of strategic partners, further enhancing the prestige of the programme. “On behalf of SME Corp. Malaysia, I would like to express our sincere appreciation and gratitude to Baker Tilly Malaysia as the E50 Awards Auditor and Berjaya Sompo Insurance Berhad as the Main Sponsor, as well as Malayan Banking Berhad (Maybank), Credit Guarantee Corporation Malaysia Berhad (CGC), P2P Nusa Kapital Sdn. Bhd., Malaysian Industrial Development Finance Berhad (MIDF), microLEAP PLT, Bursa Malaysia Berhad, Malaysian Technology Development Corporation (MTDC), Unifi Business, Pertubuhan Berita Nasional Malaysia (BERNAMA) and Media Prima Berhad for their invaluable support in ensuring the success of this year’s E50 programme.” NIMS Adeliciousz Sdn. Bhd. Syarikat Minyak Afiat Sdn. Bhd. Skinlab Biochem Resources (M) Sdn. Bhd. The highlight of the E50 Awards Gala Dinner saw NIMS Adeliciousz Sdn. Bhd. crowned the overall winner, followed by Syarikat Minyak Afiat Sdn. Bhd. in second place and Skinlab Biochem Resources (M) Sdn. Bhd. in third place. The remaining companies completing the top 10 rankings were Accordia Global Sdn. Bhd., Fire Fighter Industry Sdn. Bhd., Ukiran Maksima Sdn. Bhd., Venus Biotech Sdn. Bhd., JL Food Industries Sdn. Bhd., Dodo Ventures Sdn. Bhd. and SENZ Marketing (M) Sdn. Bhd. Special awards were also presented to three companies in recognition of their outstanding achievements: E50 Best Woman Entrepreneur Award: Fire Fighter Industry Sdn. Bhd. E50 Best Export Entrepreneur Award: Billion Prima Sdn. Bhd. E50 Best ESG Practices Award: Duriane Professionals Sdn. Bhd. Beyond recognising SME excellence, this year’s E50 programme introduced a more dynamic approach through several additional initiatives. These included the E50 Export Conference on 15 October 2026, followed by the E50 Business Matching Session and PRESTIGE programme on 16 October 2026, aimed at providing greater business opportunities and value to E50 nominees. Also present at the E50 Awards Gala Dinner were YBhg. Dato’ Sri Khairul Dzaimee bin Daud, Secretary-General of KUSKOP; YB Dato’ Amizar bin Abu Adam, Pahang State Executive Councillor for FELDA Affairs, Cooperatives and Entrepreneurs, representing YAB Dato’ Sri Diraja Haji Wan Rosdy Wan Ismail, Menteri Besar of Pahang and Special Adviser to the National Entrepreneur and MSME Development Council (MPUPK); YBhg. Dato’ Teng Chang Khim, Chairman of SME Corp. Malaysia; YBrs. Encik Rizal bin Dato’ Nainy, Chief Executive Officer of SME Corp. Malaysia; H.E. Dr. Karomidin Gadoev, Ambassador of Uzbekistan to Malaysia; and YBrs. Puan Soo Wai Har, Chief Executive Officer of Berjaya Sompo Insurance.

News

14 Taiwanese Suppliers At MIAPEX 2026

The Malaysia International Automotive & Parts Expo (MIAPEX 2026) will take place from 23rd to 25th  October 2026 at the Malaysia International Exhibition & Convention Centre (MIECC) in Kuala Lumpur. With support from Taiwan’s International Trade Administration, the Taiwan Select Pavilion will bring together 14 automotive parts suppliers across 16 booths and 144 square metres, covering aftermarket parts, commercial-vehicle components, vehicle electronics, electromechanical systems, precision metalwork and transportation equipment. Taiwan Auto Parts Industry Expands ASEAN Partnerships Malaysia is a major ASEAN automotive and aftermarket hub with strong links across Southeast Asia. Continued demand for vehicle maintenance, repair and commercial-vehicle parts creates new opportunities for Taiwanese suppliers. Taiwan’s automotive parts industry is known for flexible production, high-mix and low-volume manufacturing, customisation and quality management. At MIAPEX 2026, exhibitors aim to connect with importers, distributors, repair networks and industrial buyers across Malaysia and ASEAN. Four Categories Showcase Taiwan’s Supply Chain Strength -Vehicle Electronics and Optoelectronics In-vehicle entertainment, lighting and electronic solutions for increasingly connected and intelligent vehicles. -Automotive Electromechanical and Power Components Automotive motors, fuel-system products and related precision electromechanical components. -Chassis Body Hardware and Precision Machining Aftermarket hardware, engine and body parts, precision metal components and machinery for repair and assembly applications. -Transportation Parts Materials and Equipment Vehicle parts, transportation equipment and machinery for automotive textile materials, offering buyers a broader range of sourcing options. Dedicated Meeting Area Supports Taiwan Malaysia Business. A dedicated meeting area at A518 will support B2B discussions and events. The pavilion will help Taiwanese exhibitors build deeper links with local importers, distributors, repair networks, fleet operators and industry partners. Automotive buyers, distributors and industry professionals from Malaysia and across ASEAN are invited to visit the Taiwan Select Pavilion and explore products, sourcing opportunities and future partnerships.

News

Businesses Need Stronger Change Management To Navigate AI Shift

A company can roll out AI, overhaul its digital systems or acquire another business and still fall short of the growth it expected if its people and organisation do not move with the change. That is putting change management closer to the centre of business transformation, as organisations face multiple changes at the same time rather than one major transformation at a time, said K-Pintar Sdn Bhd chief executive officer R.A. Thiagaraja. Political Secretary to the Prime Minister, Datuk Azman Abidin (centre), and K-Pintar CEO RA Thiagaraja (left) with other guests at the Asian Change Management Conference 2026. He said the challenge was no longer simply getting a new technology or strategy implemented, but getting the organisation to work differently as a result. “Businesses can change their technology overnight, but they cannot change the way an organisation thinks and works overnight. The real value of transformation comes when people, processes and culture move with the business decision,” he said. Thiagaraja said this at the Asian Change Management Conference (ACMC) 2026, themed “Shaping Tomorrow: Driving Lasting Change”  on Oct 6 and 7. Now in its third edition, the conference is positioned by K-Pintar as a platform for strengthening organisational change capability across Asia, with this year’s programme placing emphasis on making change sustainable rather than treating transformation as a one-off project. Melanie Franklin, Global Change Management Thought Leader & Founder of ChangeabilityPro presenting at the Asian Change Management Conference 2026.  He said artificial intelligence was making this challenge more visible because its introduction could alter jobs, workflows, decision-making and the skills employees needed, rather than simply adding another tool to the workplace. For businesses, this meant the success of an AI investment could not be measured only by whether the technology had been deployed, but by whether employees adopted new ways of working and whether those changes improved business performance. The same principle applied to wider digital transformation, where organisations could replace systems without necessarily changing the processes or behaviours that limited performance in the first place. “Technology should enable the change the business needs. It should not become a substitute for deciding what needs to change in the first place,” he said. The challenge becomes even more significant during mergers and acquisitions, where the business case may depend on combining operations, capabilities and resources from two organisations. While systems can be integrated and structures redrawn relatively quickly, bringing employees together requires changes in culture, leadership, decision-making and established ways of working. Thiagaraja said this was where change management could influence whether the expected value from a transformation or transaction was realised. More than 180 participants gathered at the Asian Change Management Conference 2026, held over two days to discuss change management and organisational transformation. “When two organisations come together, the deal may create the opportunity for growth, but people determine how quickly that opportunity becomes reality. If teams remain divided by different ways of working, the business cannot fully realise the value of the change,” he said. He said culture should therefore be treated as part of business transformation rather than an issue left to human resources, particularly when organisations were introducing new technology, entering new markets or integrating businesses. The objective, he said, was ultimately to help organisations become capable of responding to change without repeatedly having to start from scratch. Meanwhile, Melanie Franklin, Global Change Management Thought Leader & Founder of ChangeabilityPro said the nature of change was itself changing, with organisations facing multiple and continuous changes rather than isolated transformation projects.  “This required organisations to build change capability across the workforce, rather than relying solely on top down approaches,” she said in her presentation at the conference. She also highlighted the growing role of AI in transformation, saying organisations needed to consider what should be done by technology and what remained distinctly human, including judgement, insight and critical thinking. ACMC 2026 brought together change management practitioners, business leaders and transformation experts from Asian countries to examine how organisations can move beyond implementation towards adoption and lasting results. Change is continuous and ability and responsibility belongs to leaders, managers, project team as well entire organisation.  More than 180 participants gathered at the Asian Change Management Conference 2026, held over two days to discuss change management and organisational transformation. 

ESG

FWD Partners With Arus Academy To Empower Underserved Youth Through Fun(d) For Life

FWD Malaysia (“FWD”) has partnered with Arus Academy to equip underserved Malaysian youth with essential financial literacy skills through Fun(d) for Life: University Edition, a structured financial empowerment programme designed to help young people make informed financial decisions and build a stronger foundation for their future. Since its launch in 2025, 302 participants have successfully graduated across six cohorts nationwide, providing practical financial education, mentorship and a pathway to greater financial confidence. To support participants in putting their learnings into action, a total of RM906,000 has been disbursed in the form of Sijil Simpanan Premium (SSP) cash grants, with each graduate receiving RM3,000 upon successful completion of the programme. Group photo of FWD representatives with ARUS CEO, Alina Amir and team with Fun(d) for Life: University Edition graduates from cohort 4 and 5, taken at Asia School of Business (ASB) on 8 August 2026. The programme specifically targets youths aged 18 and above from underserved backgrounds, including those from B40 and single-parent households, with the aim of creating greater access to financial knowledge and opportunities that can positively impact their futures. “Financial literacy is more than just managing money. It is about empowering young people with the confidence, knowledge and mindset to make better financial decisions throughout their lives,” said Mak See Sen, Chief Executive Officer of FWD Insurance. “Through our partnership with Arus Academy, we are helping underserved youth develop practical skills that can support their aspirations, while encouraging a culture of long-term financial well-being.” Participants undergo a competitive selection process, beginning with a written application that is vetted before shortlisted candidates are invited to an interview. Successful applicants attended a three-day intensive bootcamp, followed by three months of continuous coaching and mentoring focused on financial literacy, community impact and personal development. As part of the graduation requirements, participants maintain weekly financial diaries, and attend all online coaching sessions. Graduates are also required to submit a proposal outlining how they intend to use the SSP grant to support their education, entrepreneurial ambitions or personal development goals.  “Many young Malaysians have the potential to succeed but may lack access to opportunities and guidance that can help them reach their goals,” said Alina Amir, CEO, Arus Academy. “Fun(d) for Life: University Edition provides participants with practical financial knowledge, personalised coaching and the confidence to take meaningful steps towards building better futures for themselves and their communities.” The programme is currently preparing to welcome its seventh and final cohort, which will focus on reaching youths in Northern Malaysia. Applications remain open, and eligible young Malaysians are encouraged to apply. For more information about the programme and application details, visit @fundforlife_uni on Instagram.

ESG

Setlary & Health Lane Family Pharmacy Partner On Nationwide CSR Initiative For Malaysian Workforce

Setlary, Malaysia’s fastest-growing employee financial wellness platform, has forged a strategic CSR partnership with Health Lane Family Pharmacy to launch a nationwide health and wellness initiative. This collaboration aims to champion holistic employee well-being by addressing both financial stability and physical health, actively helping Malaysian workers combat the rising cost of living. By combining Setlary’s digital platform which currently serves over 80,000 workforce members with Health Lane’s extensive physical retail network, the partnership introduces an innovative Offline-to-Online (O2O) corporate wellness model. Through this initiative, thousands of Malaysian workers will be able to redeem fully sponsored or heavily subsidized health essentials directly at Health Lane stores nationwide, powered seamlessly by the Setlary app. Representatives from Health Lane Family Pharmacy and Setlary officiate the ribbon-cutting ceremony to launch their joint CSR initiative. [L-R] Jeff Chin, Ambassador of Setlary; Ang Gee Guan, Co-Founder of Setlary; Datuk Loh Siew Kheong, CEO of Health Lane Family Pharmacy;Datin Lee Ai Lang, Director of Health Lane Family Pharmacy; Thoo Swee Chee, Area Manager; Yuen Lai Yan, Head of Marketing. The partnership was officially commemorated today at the Health Lane Ombak KLCC. The launch featured a symbolic packing of the first “Workforce Health Kit” by Ang Gee Guan, Co- Founder of Setlary, and Datin Lee Ai Lang, Director of Health Lane Family Pharmacy, marking the operational readiness of the nationwide rollout. Beyond core health essentials, each Workforce Health Kit comes specially boosted with free protective masks to combat the ongoing haze kicking off a nationwide effort to put 80,000 masks directly into workers’ hands. “A person’s financial health and physical health are deeply interconnected. When employees face financial stress, their physical well-being often takes a back seat,” said Ang Gee Guan,Co Founder of Setlary. “Partnering with a trusted household brand like Health Lane Family Pharmacy allows us to extend our impact beyond early wage access. We are actively subsidizing everyday health essentials so that the Malaysian workforce can maintain their well-being without the burden of extra out-of-pocket costs.” Representing Health Lane Family Pharmacy, Datin Lee Ai Lang, Director added, “For over 38 years, Health Lane has been deeply committed to community health and accessibility. When Setlary proposed this vision of empowering the everyday worker, we recognized a perfect alignment of our brand values. This partnership allows us to leverage our nationwide store presence to deliver tangible, immediate health benefits to the working class. It is a seamless integration of digital financial wellness and physical pharmacy care.” During the launch, attendees witnessed a live demonstration of the frictionless redemption process. The system allows Setlary users to claim digital vouchers within their app and immediately fulfill them at any participating Health Lane checkout counter, driving foot traffic while delivering instant value to the user. This strategic alliance represents a significant milestone for both brands in reshaping corporate wellness in Malaysia, ensuring that the everyday workforce remains healthy, focused, and financially secure. For more information about Setlary’s employee wellness solutions, please visit www.setlary.my

Energy & Technology

MATRADE And DNeX Partner To Boost Digital Trade In Malaysia

The Malaysia External Trade Development Corporation (MATRADE) and Dagang NeXchange Bhd (DNeX) have signed a Memorandum of Cooperation (MOC) to strengthen digital trade services and make export processes easier for Malaysian businesses, particularly small and medium enterprises (SMEs). The collaboration aims to enhance the Madani Digital Trade Platform (MDTP) as a central digital export hub, providing businesses with easier access to trade services and digital solutions. In a joint statement, MATRADE said the partnership would simplify export procedures by bringing important trade and customs services together on a single digital platform. By integrating customs declaration services into MDTP, Malaysian exporters will be able to manage trade-related processes more efficiently, reducing administrative challenges and improving accessibility. Under the agreement, DNeX will serve as the trade facilitation partner, providing access to its digital trade platform, DNeX TradeHub. The company will also contribute technical expertise and support to integrate DNeX TradeHub with MDTP, allowing businesses to access digital trade services through a more connected system. In addition, DNeX will assist SMEs and exporters in registering for and using the platform, while working closely with MATRADE to encourage the adoption of digital trade solutions. The MOC was signed by MATRADE Chief Executive Officer Datuk Abu Bakar Yusof and DNeX IT Chief Executive Officer Shiraz Ramli. The signing ceremony was witnessed by MATRADE Chairman Datuk Seri Reezal Merican Naina Merican and DNeX Chairman Tan Sri Syed Zainal Abidin Syed Mohamed Tahir. The partnership represents another step towards strengthening Malaysia’s digital trade ecosystem, helping local businesses simplify export processes and improve their access to international markets.

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