Inovatif

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  • Halogen Capital and Affin Bank launch Shariah-compliant Bitcoin fund

    Halogen Capital, Malaysia’s first licensed digital asset fund manager, has signed with Affin Bank Berhad (“AFFIN BANK” or “the Bank”) to distribute their Halogen Shariah Defensive Bitcoin Fund with an integrated capital preservation strategy. This innovative fund aims to provide high net-worth individuals and institutional investors with a low-risk and secure pathway to harness the growth potential of Bitcoin.

    The Fund will employ a buy-and-hold strategy that is a combination of low-risk Islamic deposits and high-growth active asset, Bitcoin. This approach ensures the portfolio value is safeguarded from significant market volatility, providing investors with both stability and potential upside.

    “The Halogen Shariah Defensive Bitcoin Fund is redefining how high net worth and institutional investors approach digital asset investments in Malaysia,” said Hann Liew, Founder and CEO of Halogen Capital. “By combining Bitcoin’s high-growth potential with a capital preservation strategy, we are providing a solution that is both innovative and practical.”

    He added: “In volatile markets, this fund acts accordingly, ensuring investors can confidently navigate downturns without compromising on long-term returns, in which we recognise the need for investors to access high-growth opportunities in the digital asset market without experiencing significant capital loss and maintaining Shariah compliance.”

    Through its distribution of the Fund on behalf of Halogen Capital, AFFIN BANK is looking to introduce a risk-managed alternative for investors, bridging the gap between traditional financial principles and the dynamic digital asset market. This Fund serves as an ideal solution for investors looking to diversify their portfolios with innovative yet secure investment options.

    Encik Mohammad Fairuz Mohd Radi, Executive Director of Group Community Banking, Affin Bank Berhad said, “We are delighted to introduce an innovative investment strategy that synergises Bitcoin with Islamic deposits, offering our customers a secure gateway to the digital asset landscape. This initiative underscores our unwavering commitment to delivering cutting-edge solutions while aligning seamlessly with the strategic pillars of the AFFIN Axelerate 2028 (AX28) Plan – Unrivalled Customer Service, Digital Leadership, and Responsible Banking With Impact.”

    The Fund is a close-ended Wholesale Fund open to sophisticated investors only. Investors are expected to have a short-medium term horizon of two years.

    The Fund’s initial minimum investment is RM 10,000 with an initial sales charge of up to 2% and annual management fee of 1%.

  • NCT Alliance expands presence in Sabah

    NCT Alliance expands presence in Sabah

    NCT Alliance Berhad (“NCT”) announces its wholly-owned subsidiary, NCT Panorama Sdn Bhd, has entered into a conditional sale of shares agreement (“SSA”) with Ir Herman Lee Show Kien and Mr Melvin Lee Ying to acquire a 51% stake in Setara Juara Sdn Bhd (“SJSB”) for a total purchase consideration of RM22.0 million. The purchase consideration will be satisfied via a combination of cash and contra properties.

    In line with the acquisition, NCT Panorama, Ir Herman and Mr Melvin have also entered into a Shareholders’ Agreement (“SHA”) to regulate the relationship of the Parties in respect of SJSB.

    Pivotal to the company’s long-term growth strategy, the acquisition will pave the way for NCT’s development of Ion Marina Bay, a property development project with an estimated gross development value (“GDV”) of RM3.4 billion. The landmark waterfront project located in Putatan, Sabah, is expected to further strengthen the company’s presence in one of Malaysia’s most promising real estate markets.

    Dato’ Sri Yap Ngan Choy, NCT Alliance’s Executive Chairman and Group Managing Director, stated: “The agreement marks another key milestone in NCT’s expansion into Sabah, reinforcing our vision of building sustainable communities in high-growth regions. Ion Marina Bay will be a catalyst for transformation, creating a dynamic, integrated township that aligns with Sabah’s rapid urban development. As we grow, our focus remains on delivering developments that offer lasting value to homeowners, businesses and investors alike.”

    Ion Marina Bay will be a mixed development, comprising residential, commercial and lifestyle components. Spanning approximately 250 acres, the development is strategically located two kilometres from Putatan Town Centre and 5 kilometres from Kota Kinabalu International Airport (KKIA), offering a modern and sustainable living experience tailored to Sabah’s evolving market needs.

    With the Government recently having approved a RM442.3 million upgrade for KKIA to expand its capacity and enhance connectivity, the major infrastructure boost is expected to further drive real estate growth and attract more investors to the state.

    NCT’s expansion into Sabah has been carefully planned to tap into the region’s growing real estate market, which has seen heightened interest due to Sabah’s economic growth and infrastructure investments.

    SJSB existing directors and shareholders, Ir Herman Lee and Mr Melvin Lee are expected to continue playing key roles in the property’s development.

    Ir Herman Lee added, “With NCT Alliance now on board as the major shareholder, we are excited to work in partnership to realise the vision for Ion Marina Bay. SJSB has been deeply involved in shaping this development, and with NCT’s expertise and resources, we are confident that this project will create a thriving, well-planned community that enhances Kota Kinabalu’s property landscape and bring lasting value to the state.”

    Also present at the signing, Encik Ag. Ismail Abu Bakar, Director of Sharikat Pembangunan Azam Dan Galian Sdn. Bhd., the landowner of the project, stated “We are thrilled to be part of this landmark development, which will not only drive Sabah’s economic growth but also redefine its landscape. The vision behind this project will bring to life a dynamic and thriving community, creating lasting opportunities and setting standards for progress in the region.”

    The acquisition of SJSB is expected to be completed by the third quarter of 2025. With a nine-year development timeline, Ion Marina Bay is poised to become one of Sabah’s most dynamic and sought-after urban developments.

  • LG Malaysia transforms HVAC industry through AI-driven innovation

    LG Malaysia (LG) is leveraging its outstanding core technologies, AI and intimate knowledge of different industries to deliver HVAC solutions for a smarter, more efficient future.

    The company’s latest breakthrough, the DUALCOOL™ AI air conditioner leverages on the company’s enhanced AI Core-Tech. Key innovative features include the AI kW Manager, which provides users with effortless control over energy consumption. Accessible via the ThinQ app, this tool offers real-time power usage data and allows users to set customised energy-usage limits. The groundbreaking Window Open Detection technology represents a significant leap in energy-saving capabilities, switching the air conditioner to energy-saving mode when it detects sudden temperature changes.

    The DUALCOOL™ AI air conditioner intelligently adapts to each user’s environment by detecting ambient conditions and automatically adjusting temperature, airflow direction, and speed for consistent comfort. The innovative Sleep Timer+ analyses user preferences and sleep patterns, creating the ideal sleeping environment by optimising temperature and operating quietly during rest hours. Additionally, the DUAL Vane™ system and Soft Air function further optimize airflow control for maximized comfort.

    LG Subscribe represents a revolutionary approach to making advanced technology accessible to everyone. More than just a subscription service, it removes financial barriers that typically limit access to premium air conditioning solutions, giving businesses and homeowners easy control over their indoor environment without the burden of high upfront costs.

    “LG Subscribe is our strategic vision of making advanced technology available to everyone. We’re breaking down the barriers between cutting-edge innovation and accessibility, ensuring that intelligent, life-enhancing technologies are not a luxury, but a standard that every business and household can experience. This is how we’re redefining the future of smart living,” said Justin Choi, Managing Director of LG Malaysia.

    The company’s comprehensive product range spans multiple segments, ensuring solutions for diverse market requirements. From residential offerings like ARTCOOL, Premium, Classic, and Lite categories to robust commercial solutions including Single Commercial Air Conditioning, VRF, and advanced Chiller systems, LG showcases unparalleled technological diversity. The range is complemented by 360° Air Purifier and Dehumidifier solutions, embodying the company’s holistic approach to creating comfortable indoor environments.

     

  • CelcomDigi-Ericsson’s strategic partnership to accelerate O&G sector

    CelcomDigi-Ericsson’s strategic partnership to accelerate O&G sector

    CelcomDigi Berhad (“CelcomDigi”) and Ericsson (Malaysia) Sdn Bhd (“Ericsson”) signed a Memorandum of Understanding (MoU) to boost Malaysia’s digital transformation by accelerating 5G adoption in Malaysia’s oil and gas (O&G) industry, advancing the nation’s key sector to the forefront of industrial digitalisation.

    By combining CelcomDigi’s robust network infrastructure and deep local expertise with Ericsson’s global leadership in 5G technology, the partnership will drive the creation of 5G-powered solutions tailored to the unique demands of the O&G sector. Through CelcomDigi’s newly established 5G Standalone (SA) test lab, both companies will develop and deploy 5G use cases, focusing on:

    • Enhanced safety – Deploying 5G-enabled solutions to improve worker safety and hazard detection in high-risk environments
    • Advanced tracking – Utilising 5G technology for real-time asset and personnel tracking to optimise operational efficiency
    • Digitalisation and automation – Empowering O&G operations with real-time data analytics and automation for seamless decision-making
    • Mission-critical connectivity – Delivering reliable, ultra-fast 5G connectivity to support critical functions and industrial applications

    This partnership marks a pivotal step in modernising Malaysia’s O&G sector to a smarter, safer, and more efficient industrial ecosystem powered by next-generation connectivity solutions.

    The MoU was signed at the Mobile World Congress (MWC) in Barcelona, Spain by CelcomDigi’s Deputy CEO, Albern Murty and Head of Ericsson Malaysia, David Hagerbro, witnessed by the Deputy Minister of Communications, YB Teo Nie Ching.

    Commenting on the partnership, CelcomDigi’s Deputy CEO, Albern Murty said, “As CelcomDigi evolves beyond connectivity into a telco-tech company, we recognise that the key to unlocking the full potential of 5G-AI lies in strong industry partnerships. Collaborations like this allow us to co-create meaningful solutions that go beyond technology, directly addressing industry challenges and transforming operations. We look forward to shaping a safer, more efficient, and future-ready O&G sector, as well as accelerating 5G adoption across industries as we continue to drive the nation’s development into a 5G-AI digital society.”

    David Hagerbro, Head of Ericsson Malaysia, Sri Lanka, and Bangladesh, commented, “We stay committed to ensuring that Malaysia remains at the forefront of digital innovation. This collaboration with CelcomDigi is a strategic leap forward in the digital transformation of Malaysia. Our partnership in the O&G sector will drive real-time solutions in terms of enhanced efficiency, safety and digitalising operations that will redefine how industries operate in the country.”

    As Malaysia accelerates its 5G adoption, this strategic collaboration underscores CelcomDigi and Ericsson’s shared vision of pioneering innovative solutions that elevate industries, empower businesses, and contribute to the nation’s digital economy aspirations.

  • BERNAS’ Gema Ramadhan programme reaches out to the urban poor

    BERNAS’ Gema Ramadhan programme reaches out to the urban poor

    Padiberas Nasional Berhad’s (BERNAS) annual Gema Ramadan initiative this year focused on supporting the urban poor as the company contributed food boxes comprises of basic necessities including rice and sugar, as well as “bubur lambuk” to over 1,000 resident especially single mothers, orphans and asnaf families at the People’s Housing Project (“PPR”) Hiliran Ampang.

    The ceremony was graced by Titiwangsa Members of the Parliament and Minister of Plantation and Commodities YB Datuk Seri Johari Abdul Ghani, Chairman of BERNAS Dato Sri Rohani Abdul Karim, Group Chief Executive Officer of BERNAS Zulkiflee Abdul Rahman, alongside the senior management team of BERNAS.

    Guests to the event also visited selected homes before the iftar session with orphans, senior citizens and single mothers organised by BERNAS at Surau Al-Falah, PPR Hiliran Ampang.

    “This strategic partnership with corporate entities like BERNAS reflects the strong commitment of private companies in empowering local communities without neglecting those in need, especially during Ramadan” said Datuk Seri Johari.

    “Improving the community’s standard of living has always been a priority for BERNAS. We not only provide support to low-income families but also to the urban poor who fall under the B40 category,” said Dato Sri Rohani.

    According to a 2024 UNICEF Malaysia report, 41% of urban households now live below the poverty line, with women, particularly single mothers, being the most affected in 16 PPR locations.

    Recognising the unique challenges faced by single mothers, orphans, and senior citizens, we developed a support programme to facilitate preparations for Ramadan and Aidilfitri, ensuring that a more joyful and meaningful celebration for every member of the community,” added Dato Sri Rohani.

    BERNAS’ commitment to community development is not limited to the Gema Ramadan Programme but also encompasses initiatives such as the Program Makanan Kesihatan (Healthy Food Programme) known as PROMAK, launched in January 2022.

    PROMAK is a free lunch programme for primary school students throughout the academic calendar has benefited over 20,000 students in 97 schools across five states comprising Kedah, Perlis, Kelantan, Terengganu, and most recently, Pahang.

    In addition, BERNAS recently allocated an additional RM30 million to support the government’s efforts to assist impoverished rice farmers. Previously, BERNAS had distributed RM60 million to impoverished rice farmers nationwide. This action aligns with BERNAS’ ongoing commitment to fulfilling its social responsibilities under the Concession Agreement with the Malaysian Government, which includes safeguarding the welfare of the farming community.

  • Majority of Malaysian businesses are intrigued by potential of AI in achieving sustainability goals

    Over 76% of businesses across Asia, Europe and the Middle East are intrigued by the potential of digital technologies, including AI and cloud computing in driving sustainable development, according to the latest survey report titled “Tech-Driven Sustainability Trends and Index 2024”, commissioned by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. However, the substantial energy consumption associated with these technologies is still reflecting a key barrier to broader adoption, as 61% of respondents still express concerns over the matter.

    The survey highlights Malaysia’s evolving stance on AI adoption and sustainability, revealing both enthusiasm and caution among businesses. Specifically

    • 76% of Malaysian businesses are actively adopting digital technologies to accelerate sustainability progress, with 77% intrigued by AI’s potential to drive sustainability innovation.
    • 62% of Malaysian businesses acknowledge the gap in understanding how digital technology can assist in achieving sustainability goals
    • 81% of businesses believe that the substantial energy consumption of digital technologies such as powering AI may outweigh its benefits
    • 75% cite security risks as a major barrier to adopting advanced digital solutions more broadly.

    Regional Variations in AI Adoption and Sustainability Efforts

    Despite this optimism, 59% of businesses acknowledge the gap in understanding how digital technology can assist in achieving sustainability goals with Asia leading at 63%, followed by Europe at 61% and the Middle East at 45%. Around two thirds 62% of executives believe their organisations are lagging in adopting cloud computing and AI to accelerate progress towards sustainability goals. This concern is particularly noted in Singapore 80%, the Philippines 77%, Japan 75% and Hong Kong SAR 75%, indicating a pressing need for organisations to accelerate their technological adoption to advance sustainability.

    Overall, 82% of businesses agree that sustainable development in technology is paramount for their companies, with markets like Singapore 93%, the Philippines 91%, and Indonesia 89% leading the charge. Companies increasingly recognise the multifaceted benefits of adopting digital technologies for sustainability including cost savings, improved operational efficiencies, and enhanced compliance with Environmental, Social, and Governance (ESG) regulations.

    AI and machine learning are viewed as the most crucial digital technologies for advancing corporate sustainability, with businesses in the Middle East 52% placing greater emphasis on their importance compared to Europe 41%, emerging Asian markets 40% and developed Asian markets 36%.

    However, the survey reveals a notable concern: 61% of respondents fear that the high energy consumption associated with digital technologies may hinder widespread AI adoption. This concern is even higher in Singapore 85%, the Philippines 77% and Hong Kong SAR 75%. Furthermore, 71% of businesses believe that the substantial energy consumption of digital technologies such as powering AI may outweigh its benefits with the highest concerns from Singapore 86%, the Philippines 84% and Malaysia 81%.

    The report also highlights the importance of selecting technology providers that prioritise sustainability. When selecting a “green” cloud provider, approximately half of the businesses prioritise those that use renewable energy 51%, maintain energy-efficient data centers 46%, and implement carbon footprint reduction initiatives 42%.

    Malaysian Businesses Prioritise AI and Machine Learning for Sustainability but Face Adoption Challenges

    The survey reveals 88% of Malaysian businesses agree it is important to the company that technology is developed sustainably. To add to the concerns highlighted earlier, 68% believe companies are lagging in cloud computing and AI adoption to meet these goals. This hesitation is driven by barriers such as knowledge gaps 38%, cost constraints 30%, and lack of technical capabilities 31%.

    89% of business leaders acknowledge technology’s pivotal role in achieving global sustainability targets with Malaysian companies ranking AI/Machine Learning 46%, Collaboration and Communication tools 34%, and IoT 33% as the top three digital technologies critical to advancing corporate sustainability goals. When selecting technology providers, Malaysian businesses prioritise cost-effectiveness 52%, strong customer support 48%, and data privacy commitments 40% highlighting the key factors that influence their digital adoption strategies.

    Conducted with 1,300 decision-makers across 13 markets, including Malaysia, “Tech-Driven Sustainability Trends and Index 2024” aims to provide valuable insights into the evolving landscape of corporate sustainability. The survey report underscores the essential role of technology in driving impactful change, while highlighting the need for businesses to adopt AI and cloud computing responsibly to address energy consumption concerns and bridge the gap in sustainability efforts.

  • Loob brings Tealive to Thailand

    Loob brings Tealive to Thailand

    Fresh from announcing the entry of Tealive into the enormous Indian market three weeks ago, Loob Holding Sdn Bhd (Loob) has revealed plans to open 80 outlets in Thailand over the next decade.

    Founder and CEO Bryan Loo said it has chosen a leading local food and beverage player, Restaurants Development Co. Ltd (RD), to be its Master Franchisee. RD currently operates over 300 Kentucky Fried Chicken outlets in Thailand.

    RD also happens to be a subsidiary of Devyani International Limited (DIL) of India which is the Master Franchisee for Tealive in India.

    In this breakthrough collaboration with DIL and RD, Loob has made India and Thailand the 9th and 10th overseas markets for Tealive, the top regional lifestyle tea brand and home-grown flagship of Loob.
    Loo expressed confidence that RD’s extensive network and industry expertise will provide a strong foundation for Tealive’s growth in Thailand.

    “Tealive, known for always offering more than tea, will introduce its lifestyle tea concept to Thailand, complementing the country’s rich tea culture with additional choices of handcrafted beverages like coffee, premium chocolate and fruit smoothies as well as Tealive’s famous snacks,” he said.

    “Our Thai partner is already present in hundreds of locations across the country, and Tealive will leverage this from the start. Actual store locations are still being finalised and, together, we aim for 80 outlets in 10 years.”

    Reflecting similarly strong confidence in the collaboration, RD CEO Andrew Norton said: “We look forward to work closely with Loob to bring Tealive’s dynamic and contemporary tea experience to Thai consumers. With our deep understanding of the breadth and depth of the local market and Tealive’s innovative product offerings, we believe this partnership will redefine how tea is enjoyed in Thailand.”

    Adding on, Loo said Tealive’s growth approach was centred on its strategic scalability. “Our priority is to adapt and expand efficiently by working closely with our local partner, ensuring that our brand resonates with Thai consumers while maintaining our commitment to quality and innovation.”

    With a strong presence of over 950 outlets in various regions, including Southeast Asia, Mauritius, Canada and soon in the Middle East and India, Tealive is now ready to establish itself in a country with strong local tea culture. Thailand’s vibrant tea market, predominantly shaped by local players, presents an exciting opportunity for Tealive to introduce new and modernised beverage options tailored to evolving consumer tastes.

  • Liberty General Insurance supports National Kidney Foundation

    Liberty General Insurance supports National Kidney Foundation

    Liberty General Insurance (Liberty) has contributed over RM50,000 from its zakat wakalah funds to the National Kidney Foundation (NKF). This contribution is aimed at supporting healthcare initiatives for underserved communities in Malaysia, particularly in making dialysis treatments more affordable and accessible for lower-income patients.

    The funds will assist NKF in acquiring essential medical equipment, including a far infrared therapy machine and a wireless handheld ultrasound imaging system, which are vital tools for enhancing patient care.

    With the rise of chronic kidney disease (CKD) in Malaysia, where over five million individuals are affected and yet only 5% are aware of their condition, this contribution seeks to help ease a significant healthcare challenge. The Ministry of Health estimated that over 106,000 individuals will require dialysis by 2040 if the current trends continue. Through this support, Liberty hopes to assist NKF in its efforts to reach vulnerable communities and promote early detection and timely intervention.

    “We are grateful for the opportunity to contribute to enhancing the quality of healthcare for Malaysians, especially those from underserved communities,” said Puneet Pasricha (Pasha), Chief Executive Officer of Liberty General Insurance Berhad.” This collaboration with NKF aims to support their efforts in providing essential healthcare to those in need, underscoring Liberty’s commitment to social responsibility.”

    The Zakat Wakalah allocation is specifically designated for procuring medical equipment for NKF, which will directly aid in providing subsidized dialysis treatments to low-income households. This initiative not only supports NKF’s mission but also reflects Liberty’s on-going commitment to help ease healthcare disparities and foster sustainable change in the underserved communities.

    As a one-stop national resource centre for all kidney-related matters, NKF plays a vital role in addressing healthcare disparities by providing affordable treatment options for the lower-income patients who cannot afford the high costs of dialysis at private facilities. Many beneficiaries face significant financial hardships, making access to quality medical care a critical lifeline. By contributing to NKF’s equipment needs, Liberty supports the foundation’s mission to continue its impactful work and positively transform countless lives.

    This initiative aligns with Liberty’s overarching CSR strategy, which focuses on fostering sustainable and positive change within society. Through this collaboration, Liberty aims to ease the healthcare challenges faced by underserved patients, ultimately contributing to better health outcomes and a healthier Malaysia. To read more about Liberty, you may visit its website at www.libertyinsurance.com.my.

  • Medini Net Zero Carbon CBD (NZCC) receives 5 Diamonds recognition

    Medini Net Zero Carbon CBD (NZCC) receives 5 Diamonds recognition

    Iskandar Investment Berhad (IIB) has been awarded with the 5 Diamonds recognition for the highly anticipated Net Zero Carbon Central Business District (NZCC) within Medini Innopolis masterplan, in Iskandar Puteri, Johor at the Low Carbon Cities 2030 Challenge (LCC2030C) awards this week.

    Together with it, IIB received two other diamond recognitions:

    • Medini Net Zero Central Business District (NZCC) – 5 Diamond Recognition
    • Menara IIB (Medini 9) – 5 Diamond Recognition
    • EduCity Complex 1 – 2 Diamond Recognition

    Organised by the Malaysia Green Technology and Climate Change Corporation (MGTC) under the Ministry of Natural Resources and Environmental Sustainability (NRES), the awards were presented by YB Tuan Nik Nazmi Nik Ahmad, Minister of Natural Resources and Environmental Sustainability, during a ceremony held at Sofitel Kuala Lumpur Damansara, Kuala Lumpur.

    The LCC2030C Challenge is a national initiative launched in 2019, aimed at accelerating Malaysia’s transition towards low-carbon cities. With urban areas contributing over 70% of global greenhouse gas (GHG) emissions, the challenge encourages the adoption of low carbon strategies, such as energy efficiency, renewable energy integration, sustainable mobility, and smart urban planning.

    Dato’ Idzham Mohd Hashim, President/CEO of IIB, expressed his unwavering support towards sustainable development, stating, “As we navigate the challenges of urbanisation, it is imperative for us to adopt low carbon practices to ensure the well-being of our society, protect our environment and manage our natural resources efficiently. This recognition is a testament of our commitment towards building an inclusive and sustainable metropolis of the future in Medini, Iskandar Puteri, Johor.”

    As the master developer of Medini, IIB continues to champion sustainability in urban planning and economic growth. Through Medini Innopolis, IIB is positioning Medini as a future-ready city that integrates innovation, sustainability, and economic prosperity. This vision is driven by three key initiatives:

    • Medini International Convention City (MICC) – a global business and convention hub designed to attract investors and drive economic activity;
    • Tech Medini – a digital-first ecosystem supporting technology-driven industries;
    • Net Zero Carbon City Initiative – IIB’s long-term commitment to green urban living, integrating low-carbon technologies and smart infrastructure.

    Medini Innopolis, covering 2,270 acres with 100 acres designated as the NZCC, is part of the National Energy Transition Roadmap (NETR) within the newly announced Johor-Singapore Special Economic Zone (JSSEZ) in Johor. Aligned with the goal of utilising 70% renewable energy and achieving 100% green buildings by 2050, IIB is committed to championing a sustainable living and working environment for all.
    Meanwhile, IIB’s sustainability efforts extend beyond Medini. EduCity, Johor’s premier education hub, plays a vital role in talent development, supporting the Johor Talent Development Council under the Johor Special Economic Zone (JS-SEZ). The recognition of EduCity Complex 1 at LCC2030C reflects IIB’s commitment to embedding sustainability into its diverse portfolio.

    The achievements of Medini 9 further reinforce IIB’s ability to implement impactful low-carbon strategies across various developments, setting a benchmark for other organisations to adopt environmentally responsible practices.

    Building on five established pathways within the IIB decarbonisation roadmap which covers Energy, Circularity, Mobility, Built Environment, and Biodiversity-Land Use, IIB will progressively shape its sustainable solutions, from building a potential self-sustaining CBD to aiming at more than 60% carbon emission reductions for its overall operations and destinations by 2040, aligning nation’s Net Zero target by 2050.

    This latest milestone strengthens IIB’s position as a frontrunner in sustainable urban transformation, paving the way for future innovations in low-carbon city development. The company remains committed to collaborating with stakeholders, policymakers, emerging talents and the community to create a resilient, smart, and inclusive city for generations to come.

  • CGS Malaysia offers country’s first publicly available CME Crypto futures

    CGS Malaysia offers country’s first publicly available CME Crypto futures

    CGS International Futures Malaysia (“CGS MYF”), the futures broking division of leading integrated financial services company, CGS International Securities Malaysia (“CGS MY”) announces the launch of the first publicly available CME Crypto Futures contracts in Malaysia for the two largest cryptocurrencies by market capitalisation, Bitcoin (“BTC”) and Ethereum (“Ether”). With this, CGS MY also becomes the first licensed derivatives broker in Malaysia to offer local traders and investors access to the potential of crypto futures via global derivatives exchange, CME Group – the world’s leading and most diverse future and options marketplace.

    Alan Inn Wei Loon, Deputy Chief Executive Officer of CGS MY said, “We are proud to bring this market first as we continue to enhance our product offerings and provide Malaysian traders and investors with access to internationally diverse and globally recognised financial instruments. The introduction of CME Crypto Futures contracts is a natural progression in our efforts to offer access to more complex instruments via a trusted platform such that our audience can capitalise on rapidly evolving market opportunities.

    Through our network, CGS MY has access to the capabilities, infrastructure, and expertise to support sophisticated traders and investors looking for exposure to the explosive potential of digital assets but without taking on the full risk or exposure of buying and holding the crypto. The price discovery process adds to the benefits of trading these crypto future contracts within a regulated and trusted environment and at much lower trading fees.”

    CGS MY continues to expand its suite of trading and investment products, providing a regulated avenue for corporates, institutions, businesses, and retail clients to trade cryptocurrency futures. The launch also comes at a time as institutional interest in digital assets grows, with cryptocurrencies playing an increasing role in diversified investment portfolios despite the current bearish global sentiment.

    Through CGS MYF investors can trade Bitcoin, Micro Bitcoin, Ethereum, and Micro Ethereum futures contracts in a regulated, cash-settled environment. This approach is an alternative to direct ownership of digital assets. Other benefits are that the contracts allow for greater risk management and portfolio diversification while mitigating the volatility and security concerns associated with spot crypto trading.

    Maxwell Ong Wai Boon, Head, Securities and Leveraged Products at CGS MYF, added, “The cryptocurrency market is evolving rapidly, and institutional-grade products like CME Crypto Futures provide traders with a structured, transparent, and efficient way to gain exposure to digital assets. These contracts are ideal for experienced traders and investors seeking to hedge risks, capitalise on market movements and volatility, to enhance their portfolios – with a regulated instrument. Together, our robust trading infrastructure and deep market expertise presents an attractive proposition for traders and investors who are looking for the appropriate platform to start trading cryptocurrency-related instruments.”

    The launch reinforces CGS MYF’s position as a leading derivatives brokerage in Malaysia, providing clients with access to globally competitive trading opportunities.

    Investors interested in trading CME Crypto Futures with CGS MYF can contact their Futures Broker Representative or visit www.cgsi.com.my for more information.