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U Mobile Appoints Industry Veteran Kenneth Chang as Deputy CEO

U Mobile has announced the appointment of Kenneth Chang as its new Deputy Chief Executive Officer, effective 28 March 2025. With three decades of experience in the ICT and internet services sector, Chang, 52, brings deep industry knowledge to his new position. As one of U Mobile’s founding directors, he has been closely involved in shaping the company’s strategic direction since its early days, including playing a pivotal role in securing the company’s original 3G licence. Kenneth Chang – U Mobile, Deputy Chief Executive Officer In his new role, Chang will be responsible for key areas such as regulatory affairs, corporate strategy, communications, and sustainability. He will also spearhead engagement with critical stakeholders to help the company adapt to a rapidly evolving telecommunications landscape. Chang will continue serving as a director on U Mobile’s board—a role he has held since 2006—and has previously contributed as a member of the executive, audit, and remuneration committees. Welcoming the appointment, CEO Wong Heang Tuck said: “Kenneth has been a vital part of U Mobile’s journey since day one. His insight and leadership will be crucial as the company enters its next growth chapter, especially as we prepare to become a licensed 5G network facilities provider.” Outside of U Mobile, Chang is also the founder and executive director of Web Commerce Communications Limited and Qinetics Solutions Sdn Bhd, both of which are established players in internet infrastructure and enterprise technology across the Asia Pacific. He holds an honours degree in electronic engineering from the University of Southampton, UK.

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senangPay and Pine Labs Streamline Instalment Payment Plans for Malaysian Merchants

Malaysian businesses can now offer instalment payment options ranging from 3 to 24 months through a single, streamlined integration, thanks to a new partnership between senangPay and Pine Labs. senangPay, a local payment gateway under Indonesia’s DOKU, has joined forces with Pine Labs to launch an integrated Instalment Payment Plan (IPP) designed to make instalment offerings more accessible for merchants. The solution simplifies backend operations by connecting merchants to multiple major banks through one unified integration—eliminating the need for separate bank connections.     This initiative enables businesses using senangPay to offer flexible payment terms without managing multiple technical setups. Pine Labs, which provides a suite of online and offline digital payment solutions, affordability tools, embedded financial services, and credit processing systems, is enhancing its footprint in Malaysia with this collaboration. A pilot programme involving businesses across sectors—such as education, health and wellness, membership-based services, professional offerings, and e-commerce—was successfully carried out. Among the participants, fitness platform 1Fit App notably saw its transaction volume double after integrating the instalment feature. The timing of the rollout coincides with the upcoming Raya and mid-year sales seasons, where consumers typically look for budget-friendly purchasing options. Offering instalment plans is expected to help merchants attract more customers, especially for higher-ticket items, while also increasing average transaction values. (Left) Sharad Gulhar, Executive Vice President & Country Head – Malaysia, Pine Labs, (Right) Aaron Chin, CEO of senangPay. “As consumer interest in instalment payments continues to rise, businesses need smart solutions that offer greater financial flexibility. Our single-integration system with senangPay lets merchants enable IPP online without the complexity of individual bank integrations,” — Sharad Gulhar, Executive Vice President & Country Head – Malaysia, Pine Labs “At senangPay, we’re focused on delivering a robust digital payment ecosystem for businesses. By teaming up with Pine Labs, we’re giving our merchants a powerful tool to boost sales through instalment plans. This complements our existing services, which include e-wallets, BNPL, FPX, and card payments—further supporting local enterprises with seamless transaction solutions,” — Aaron Chin, CEO of senangPay

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Affin Group Congratulates Winners of the AFFIN 100PLUS Junior Elite Tour 2024

KUALA LUMPUR – AFFIN Group extends its heartfelt congratulations to the winners of the AFFIN 100PLUS Junior Elite Tour, held from June 4 to 9, 2024, in Putrajaya. As the Official Bank Partner of the Badminton Association of Malaysia (BAM), this event represented a significant milestone in showcasing the potential of Malaysia’s young badminton athletes. The championship featured three age categories—under-12, under-14, and under-16—with competitions in boys’ singles, girls’ singles, boys’ doubles, and girls’ doubles. Each stage saw participants from various states vying for a place in the finals. In the under-16 finals, state champions faced off against national junior players. Kong Wei Xiang triumphed in the Boys’ Singles U16 category, emerging victorious in a match between two BAM players. “We are thrilled with the success of the AFFIN 100PLUS Junior Elite Tour 2024. This event has been an incredible opportunity for AFFIN Group to support and nurture the next generation of badminton champions,” said Datuk Wan Razly Abdullah, President & Group Chief Executive Officer of Affin Bank Berhad. “Our collaboration with BAM to create a lasting legacy has significantly impacted the development of young athletes. This initiative aligns with our broader vision of community engagement, in line with our AX28 plan’s strategic pillar of Responsible Banking with Impact,” he added. BAM President, Tan Sri Dato’ Sri (Dr.) Mohamad Norza Zakaria, remarked, “The AFFIN 100PLUS Junior Elite Tour tournament is a crucial platform for nurturing future Malaysian badminton champions. It provides a competitive environment where young players from across the nation can hone their skills, gain valuable experience, and inspire a new wave of interest in the sport. With AFFIN Group’s support as our Official Bank Partner, we aim to build a strong talent pipeline and ensure Malaysia remains a formidable force in badminton.” AFFIN Group has been the Official Bank Partner of the Badminton Association of Malaysia since January 2023. For further updates and insights on AFFIN Group’s activities and engagements, please visit our social media channels at www.facebook.com/AffinMy or find us on Instagram at @AffinMy.

Property

Plans approved for major redevelopment of 75 London Wall by Gamuda and Castleforge

PETALING JAYA: The latest project at 75 London Wall, previously known as Winchester House and formerly the UK headquarters of Deutsche Bank, represents Gamuda and Castleforge’s commitment to creating sustainable, state-of-the-art office spaces. This redevelopment, designed by London-based architects Orms, aims to expand the building’s capacity by 40% to 688,000 square feet. Completion is expected by Q3 2027 as part of a joint venture with Castleforge. A recent survey commissioned by Castleforge, involving over 1,800 UK office workers, revealed a significant readiness to return to the office, with over a third reporting feelings of social isolation at home. This sentiment is particularly strong among 18–24-year-olds, with 43% feeling socially isolated and 59% less productive when working from home. 75 London Wall is poised to be a future-proof, sustainable office space designed to attract and retain top talent. The redevelopment will preserve 89% of the existing structure, including the lower-level facades, to minimize whole-life carbon emissions while enhancing flexibility, amenities, and daylight for occupants. This project sets a new benchmark for office building utilization in the City of London, targeting BREEAM ‘Outstanding’, WELL Core ‘Platinum’, and NABERS UK 5 Star Design for Performance. The office spaces will be fully refurbished to provide energy-efficient, grade A+ accommodation, and high-quality end-of-journey facilities to promote active travel. New commercial units on the ground floor and a cultural forum space will further enhance the building’s appeal, offering venues for events, performances, and public speaking. A new public space, ‘Priors Garden’, designed by the award-winning Andy Sturgeon Design, will provide a green retreat along an enhanced pedestrian route linking to Austin Friars via a historic city passageway. Multiplex has been selected as the preferred main contractor, appointed under a Pre-Construction Services Agreement. They will begin consultation on the project, offering buildability advice during the remaining design stages before entering the main construction contract in Q3 2025. With full planning consent granted, construction can now commence, marking the start of the transformation envisioned by Gamuda and Castleforge. Chu Wai Lune, CEO of Gamuda Land, remarked, “The granting of full planning consent marks a significant step forward for 75 London Wall. Construction can now begin, allowing us to realize our vision of transforming it into a premium, sustainable office space. This approval is a key milestone in the project’s development and further solidifies Gamuda’s presence in the UK property market.” Michael Kovacs, Founding Partner of Castleforge, added, “To attract workers back to the office, companies will need distinctive, high-quality spaces. We never believed office working was ‘dead’, and the demand for premium office space in Central London proves us right. The refurbishment of 75 London Wall will provide top-tier office spaces with significant amenities and set a new sustainability standard, making it a win for both the environment and tenants’ ESG strategies.” Orms’ design extensively reuses the existing structure, adding new storeys in a stacked series of layers that subtly change in material and detailing to introduce lightness to the top. This approach ensures the development appears as one cohesive building, complementing local conservation areas. Colin McColl, Director at Orms, stated, “75 London Wall sets a new benchmark for upgrading and extending headquarters office buildings. This project is sensitive to its context, respects the existing urban grain, and seizes opportunities to improve the building’s offerings inside and out. Our vision is about setting a new standard for sustainability, adaptability, and community enhancement in the heart of London.” Informed by internal research, Gamuda and Castleforge’s vision for the site aligns with the growing demand for top-tier office spaces with luxury amenities and prime locations, as well as flexible office spaces that offer shorter leases and hospitality for small- and medium-sized companies. Since its inception in 2010, Castleforge has invested approximately £1 billion, building a strong reputation for value-add investments in office and residential real estate across the UK and Europe. Their portfolio includes Clockwise workspaces in the UK, Belgium, Germany, and the Netherlands.

Property

IQI Partners with PropMall to Boost Agent Marketing & Sales

KUALA LUMPUR: Asia’s global real estate agent network IQI, which is a member of Juwai IQI, announced today a new partnership with PropMall intended to give its agents new tools to make it easier and faster for them to close more transactions. PropMall is Malaysia’s number-one Multiple Listing Service (MLS) platform with more than 13,500 listings. IQI Co-Founder and Group CEO Kashif Ansari was enthusiastic. “We are partnering with PropMall because we want our agents to be able to close more deals, more easily. This agreement creates a partnership between IQI and PropMall in Malaysia, and we look forward to the possibility of partnering in other countries as well. “For listing agents, PropMall is a tool to engage other agents in marketing your properties. For sales agents, PropMall helps you discover the listings that are most relevant to your buyers. For all of our agents, PropMall will help you complete more transactions and increase your commission earnings.” IQI Co-Founder and Group Managing Director Daniel Ho said the PropMall agreement is part of IQI’s long-term technology strategy. “We work hard to give our agents the industry’s most advanced and powerful technology,” he said, “whether that’s an in-house tool like our super-app Atlas or it comes from leading partners like PropMall. “PropMall is the number-one multiple listing service in Malaysia, and it can help agents boost sales by 300%, according to the data that I have seen. PropMall gives our agents the ability to be systematic, organized, and strategic in their marketing campaigns.” IQI Co-founder, Group COO & CIO Nabeel Mungaye said: “PropMall enables agents to curate real estate listings and create their own listings websites. PropMall’s slogan, ‘By agents, for agents,’ resonates with me. The idea behind our partnership with PropMall is that agents can help each other, and everyone benefits. “PropMall gives IQI agents new tools for listing and Marketing property and will be a valuable addition to their marketing portfolio.” PropMall’s CEO, Azlan Nizam Bin Abd Rashid, said his team looked forward to empowering IQI’s agents. “We are excited about this collaboration with IQI. Our two organizations have a shared culture of innovation, service, and effectiveness. Together, we aim to provide agents with the best possible tools to achieve their goals. “PropMall will help IQI agents make the most of their co-broke marketing efforts by making it easy to connect with partners and manage joint marketing campaigns. We expect IQI’s agents to see a noticeable increase in lead generation and conversions. “IQI’s agents will also find it easy to identify properties that are suitable for their buyers. The high-quality images and comprehensive property information on PropMall will save them time and fast-track their transactions.”

News

SEDC Energy Partners with UOB Malaysia to Finance Supply Chain and Green Transition Initiatives

KUCHING: SEDC Energy (SEDCE) and UOB Malaysia have entered into a Memorandum of Understanding (MoU) aimed at enhancing support for businesses in Sarawak and advancing the state’s renewable energy sector. The MoU enables UOB Malaysia to provide enhanced financing access to SEDCE’s ecosystem of suppliers, vendors, and contractors. Through UOB’s Financial Supply Chain Management (FSCM) Programme, these local enterprises can avail themselves of a comprehensive suite of banking services, including tailored trade finance, Supply Chain Financing, and cash management solutions, to support their working capital and transactional needs. Additionally, UOB Malaysia will leverage its Sustainable Financing Framework to back SEDCE’s green transition projects, underscoring a shared commitment to Sarawak’s sustainable development. Beyond financing, UOB will collaborate with SEDCE and relevant state agencies to help businesses transition to low-carbon and sustainable practices. The MoU was exchanged by SEDCE CEO Mr. Robert Hardin and UOB Malaysia CEO Ms. Ng Wei Wei, witnessed by The Right Honourable Premier of Sarawak, Datuk Patinggi Tan Sri Dr. Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg at the Sarawak Electrolyser Assembly – Distribution Facility (SEA-DF) in Demak Laut Industrial Park. Mr. Hardin stated, “This partnership with UOB cements SEDCE’s position as a key hydrogen player in the region, supporting Sarawak’s clean energy initiatives. We are proud to advance together in this venture, investing in a cleaner future.” Ms. Ng added, “This MoU marks the start of a significant collaboration between UOB Malaysia and SEDCE, promoting Sarawak’s economic development and green agenda. Our comprehensive financing solutions will assist SEDCE in green transition projects and provide critical financial resources to its supply chain, aiding local businesses in growth and competitiveness. SEDCE and its supply chain can also leverage our UOB Infinity digital banking platform’s Financial Supply Chain Management capabilities to enhance operational efficiency and manage liquidity and financial transactions.” Sarawak generates 70% of its energy from hydroelectric dams, including Batang Ai, Bakun, and Murum, with the Baleh Hydropower Dam under construction. With ample and affordable hydropower, Sarawak is poised to become a hub for clean hydrogen production for both domestic use and export. Clean hydrogen is a versatile energy carrier that can decarbonize various energy-intensive and hard-to-abate sectors, such as transportation and industrial processes requiring thermal heat, like chemicals and steel.  

Energy & Technology

VSTECS Sees Huge Potential In LGMS’ StarSentry Cybersecurity Solution

KUALA LUMPUR: VSTECS Bhd believes a significant market exists for the recently unveiled StarSentry solution, which LGMS Bhd developed and spearheaded through its wholly-owned subsidiary Applied Securities Intelligence Sdn Bhd (ASI). VSTECS chief executive officer JH Soong said that with more than 1.1 million small and medium enterprises (SMEs) in Malaysia forming the backbone of the economy, there is a significant market for StarSentry. “This solution aligns closely with the Malaysian government’s priorities to enhance national cybersecurity, particularly in light of the recently passed National Cyber Security Bill, which is anticipated to drive further demand for cybersecurity solutions in Malaysia,” JH Soong said. He said VSTECS is committed to providing SMEs with the information, communication and technology (ICT) tools needed to stay competitive, and StarSentry perfectly complements the company’s extensive portfolio. “Leveraging our extensive network of 3,600 channel partners, we are poised to accelerate the distribution of StarSentry, empowering SMEs to safeguard their digital assets effectively,” he said in a statement. A groundbreaking solution offering cyber risk insurance to every subscriber has been unveiled, marking a significant step in Malaysia’s cybersecurity landscape. Digital Minister Gobind Singh Deo launched the initiative at a high-profile event. Key figures from the National Cyber Security Agency Malaysia (NACSA), Cyber Security Malaysia (CSM), and Malaysia Digital Economy Corporation (MDEC) attended the event. The innovative insurance solution, StarSentry, results from a strategic partnership between ASI and Tokio Marine Insurans (Malaysia) Bhd, which underwrites cyber insurance for its subscribers. The launch event was also graced by the presence of Katsuhiko Takahashi, the Ambassador of Japan to Malaysia. StarSentry is equipped with advanced vulnerability scanning and proactive threat detection features designed to empower SMEs to enhance their cybersecurity measures and comply with regulatory requirements. The solution aligns with the recently announced National Cyber Security Bill 2024. “By safeguarding critical national information infrastructure (CNII) sectors such as government, banking, transportation, and digital industries, StarSentry plays a crucial role in bolstering Malaysia’s overall cybersecurity resilience, as mandated by the bill,” said JH Yong. Earlier, Gobind highlighted the spirit of innovation and cooperation that led to the creation of StarSentry. He described it as a solution that meets the high standards set by the National Cyber Security Bill and embodies Malaysia’s proactive approach to cybersecurity. “StarSentry was specifically developed to cater to the needs of SMEs, which are essential to our economy but often find themselves most vulnerable to cyber threats. “This solution represents a significant advancement in making modern cybersecurity accessible to all sectors, enabling our businesses to thrive without the burden of cyber risks,” Gobind said. “I am pleased that this innovative ‘plug and play’ system allows SMEs to integrate advanced cybersecurity measures into their daily operations effortlessly. “With features like advanced vulnerability scanning and proactive threat detection, StarSentry empowers SMEs to not only comply with regulatory requirements but also to enhance their cybersecurity posture proactively,” he added. This comprehensive cybersecurity solution signifies a major advancement in Malaysia’s efforts to protect its digital economy and critical infrastructure from ever-evolving cyber threats.

News

Tanco, CCCC Dredging Join Hands to Develop Malaysia’s First Smart AI Container Port

KUALA LUMPUR: Tanco Holdings Bhd (THB), through its 79 per cent owned subsidiary Midports Holdings Sdn Bhd (MHSB), signed a memorandum of understanding (MoU) with CCCC Dredging (Group) Co Ltd (CCCC Dredging), a subgroup of China Communications Construction Company Limited (CCCC), to develop Malaysia’s first smart artificial intelligence (AI) container port in Port Dickson, Negeri Sembilan. According to the agreement, MHSB has obtained approval from the Ministry of Transport Malaysia to develop a port in Port Dickson, aptly named Smart AI Container Port. This initiative aims to inject new vitality into the local economy and international trade, enhancing the region’s port services. The construction of this port will contribute to Malaysia’s goal of establishing a modern and efficient port hub, accelerating economic development in Negeri Sembilan and bolstering Malaysia’s global trade position. This development follows the joint venture agreement announced on February 27, 2024, between MHSB and Menteri Besar Negeri Sembilan (Perbadanan) (MBINS) for the reclamation works necessary for the project. THB group managing director Datuk Sri Andrew Tan Juan Suan said this collaboration with CCCC Dredging marks a pivotal step towards realising the company’s vision of a world-class port in Port Dickson. “The expertise and resources brought by CCCC Dredging will ensure the successful implementation of this project, which is set to drive economic growth and create job opportunities in the region,” he said in a statement. Established in May 2015 in Shanghai, CCCC Dredging is a specialised sub-group of China Communications Construction Company Ltd (CCCC), the world’s leading comprehensive service provider for ultra-large infrastructure. CCCC Dredging is the largest marine engineering company globally. It is committed to becoming a world-class dredging, eco-environmental, and marine industry group with global competitiveness in technology, management, and quality. With over 10,000 employees, registered capital of 11.7 billion renminbi (approximately RM7.6 billion), and total assets exceeding 100 billion renminbi (approximately RM64.8 billion), CCCC Dredging leads the world in dredging fleet scale and advancement. It operates nearly 200 vessels with an annual dredging capacity exceeding 800 million cubic meters. Notable projects include the Tianjin Port, Yangshan Deep Water Port, and the Hong Kong-Zhuhai-Macao Bridge. Its parent company, CCCC, is listed in Hong Kong and Shanghai and has a market capitalisation of approximately RM80 billion. The Smart AI Container Port project promises significant economic benefits to the local economy. With a 480-acre landbank owned by THB and natural deep water access exceeding 21 meters, the port will accommodate the largest container ships in the world, enhancing Malaysia’s maritime capabilities and creating new industrial zones. CCCC Dredging chairman Liu Yongman said the company’s combined expertise with THB and resources will pave the way for a port to boost Malaysia’s maritime infrastructure and set new operational efficiency and environmental sustainability standards. “We are committed to bringing our best capabilities to this strategic initiative and look forward to a successful collaboration,” he said. The Smart AI Container Port will incorporate technologies to optimise logistics, enhance operational efficiency, and minimise environmental impact. This development will improve maritime logistics for transhipment and gateway containers and contribute to the development of industrial hubs, fostering economic growth in Negeri Sembilan.

News

Village Grocer Celebrates 30th Store Opening in IOI Mall Puchong

KUALA LUMPUR: Village Grocer, Malaysia’s homegrown supermarket chain, opened its 30th store in IOI Mall Puchong on June 6, 2024, as part of the retailer’s 20th anniversary celebrations. The 30th Village Grocer store in IOI Mall Puchong will offer customers a wide range of fresh produce, groceries, and prepared meals over 17,946 sq ft of retail space. IOI Properties Group Bhd chief operating officer for property investment Chris Chong Voon Fooi said with Village Grocer’s commitment to quality, variety, and exceptional customer service, the retailer perfectly aligns with IOI Property’s mission to provide unparalleled shopping experiences to its valued patrons. “We warmly welcome Village Grocer to our mall family and look forward to a fruitful partnership ahead,” he said in a statement. In 2004, Village Grocer started its first store in Bangsar Village, and over the years, it has grown to become a leading premium supermarket chain in Malaysia, serving customers in Penang, Klang Valley and Johor. The Food Purveyor group executive director Ivan Tan said Village Grocer has made great strides since opening its first store in Bangsar Village in 2004. “None of this would have been possible without the support of our loyal customers, and we are honoured to be accorded this recognition by IOI Mall Puchong. We look forward to serving you and being part of your community for many more years,” he said. Meanwhile, The Food Purveyor chief executive officer Kok Kian Kee said Village Grocer was founded on the principles of community, quality, and service. “Our Puchong customers can expect the same dedication to freshness, selection and experience that has made Village Grocer a household name across Malaysia,” he said. Village Grocer is committed to giving back to local communities as a homegrown brand. It actively supports local farmers, small businesses, and charities. Village Grocer is also passionate about sustainability and has set a goal to be plastic-free.

News

Feruni Unveils Refreshed Brand and Announces Exciting Partnerships

PETALING JAYA: Leading the transformation of Malaysia’s tile industry, Feruni today launched its refreshed brand and announced partnerships with designers, revealing an extensive collection of 175 masterfully crafted tile designs. The immersive event, “Discover New Art Forms with Feruni,” held at the company’s headquarters, gathered over 100 luminaries, including property developers, architects, interior designers, and artists. With the rebranding, Feruni’s vision is now to become the world’s most disruptive tile maker and designer, transforming living and working spaces, inspiring customers, delivering joy to employees, and enriching communities. The new tagline, “Where Every Tile Is A Work of Art,” will guide the company’s evolution, reflecting its commitment to innovation and quality. Dato’ C.C. Ngei, Feruni’s CEO and an award-winning entrepreneur, stated, “Feruni’s journey has always been about doing things differently and transforming Malaysia’s tile industry. Our reputation as a pioneer is built on delivering a world-class customer experience, offering the latest tile trends, and introducing innovative designs that ignite our customers’ imaginations.” “With today’s rebranding, Feruni is strategically positioned to lead the industry with disruptive creativity, collaborations, and competence. We are ready to spread our wings confidently as a future-proof and future-ready Feruni,” he added. As part of the “The Art and The Artist” platform, Feruni collaborated with Valhalla Garage to tile a Porsche 911, creating “The Art 911.” Executed by Studio Feruni, this project showcases a gradual spread of tiles over the Porsche, maintaining both aesthetic and mechanical integrity, making it a unique creation. Another exciting reveal was the Mandi Bunga Collection, a collaboration with Nala Designs, founded by Lisette Scheers. This collection features Malaysian fruit flowers such as dragon fruit, rambutan, durian, mangosteen, and starfruit on large format tiles, reflecting Scheers’ commitment to preserving Malaysian heritage through unique patterns and motifs. Scheers expressed, “I’m delighted to celebrate our collaboration with Feruni. Their innovative tile craftsmanship has allowed us to translate the Mandi Bunga designs into stunning architectural elements that can transform living spaces. I hope this collection inspires Malaysians to create tranquil sanctuaries in their homes.” Feruni’s scale-up strategy includes positioning itself as a Design Studio, collaborating with local artists and designers across industries. The company plans to expand into new markets, starting with South-East Asia, followed by Asia, and eventually the rest of the world. Additionally, Feruni will revamp its retail footprint with the Feruni Retail Store 2.0 format, starting at its headquarters and rolling out nationwide. For more details on Feruni’s disruptive journey in the tile industry, visit [Feruni](https://www.feruni.com).

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