Exchanges & Software Archives

EdgePoint Launches Two More Digital Classrooms in East Malaysia under Its Connectivity for Communities Program

EdgePoint Infrastructure (“EdgePoint”), an ASEAN-based independent telecommunications infrastructure company, has announced two additional digital classrooms in East Malaysia under its regional corporate social responsibility (CSR) Connectivity for Communities (CFC). The first digital classroom is in Sekolah Kebangsaan (SK) Kuala Abai in Kota Belud, Sabah and the second was launched by their local partners in Sarawak, Demanlink Connexion Sdn Bhd, in Sekolah Menengah Kebangsaan (SMK) Simunjan No. 1.

Both initiatives share the objective of bringing connectivity to underserved areas, fostering digital inclusivity and bridging the digital gap, and brings the total number of digital classrooms established to four in Malaysia and fourteen across ASEAN.

At the launch of the digital classroom in Kota Belud, Muniff Kamaruddin, Chief Executive Officer (CEO) of EdgePoint Towers, said, “The launch of the two new digital classrooms in Sabah and Sarawak is an extension of our focus to bridge the digital divide across underserved communities in East Malaysia. We have seen how students in other locations have benefited from connectivity and we are committed to creating more opportunities for education and growth by bringing digital access to those who need it most. The response to our CFC programs has been very encouraging, with surrounding communities also using access to the internet to improve their quality of lives. We are grateful for the continued support from all stakeholders who have worked together with us to equip teachers, students, and their families with the tools to achieve equitable digital literacy towards upward social mobility.

Present to launch the digital classroom in Simunjan, Sarawak were Demanlink Connexion Sdn. Bhd, and representatives from the Sarawak State Education Department and Simunjan District Education Office. Hanad Yusuf, CEO of Demanlink, said “Connectivity is more than just access to the internet for students in Sarawak, it is access to opportunity. Many rural areas in Sarawak still struggle with limited or no internet coverage, which continues to widen the digital divide and hinder access to education, economic participation, healthcare and other essential services. The Connectivity for Communities project is helping to close that gap by empowering children in rural communities here with the tools to thrive in a digital world. We launched the first digital classroom last year in Long Miri, and we have already seen real results where student attendance and exam scores have improved significantly, as they now have access to online learning platforms, more engaging teaching material and even options for self-improvement online.”

In the past year, EdgePoint launched two other schools in Malaysia located in Karak, Pahang and Miri, Sarawak. The CFC program includes ongoing digital literacy initiatives, delivered in partnership with local teachers and NGOs, to ensure students can maximise their learning and navigate the digital future confidently. To date, the program has impacted over 7,800 students in Malaysia, Indonesia and the Philippines with significant improvement in attendance and exam scores recorded among these students. Our in-house assessments have shown that students in Malaysia have recorded an 85% improvement in digital skills. EdgePoint aims to expand the program to a total of 23 schools by the end of 2025, reaffirming its commitment to supporting digital inclusion and literacy in underserved communities across ASEAN.

ABOUT EDGEPOINT INFRASTRUCTURE

EdgePoint Infrastructure is an ASEAN based independent telecommunications infrastructure company that aspires towards Building a Connected, Digital ASEAN. Headquartered in Singapore with operations in Malaysia, Indonesia and the Philippines, through EdgePoint Towers Sdn Bhd, PT Centratama Telekomunikasi Indonesia, Tbk and EdgePoints Towers Inc. respectively, the company is focused on providing sharable and leading-edge telecom structures, small cells and in-building systems. EdgePoint aims to be an industry leader through scale and innovation, driving operational efficiencies through the adoption of analytics and digital technologies.

ABOUT DEMANLINK CONNEXION SDN. BHD.

Demanlink is an independent Sarawakian telecommunications infrastructure company focusing on providing sharable and future-ready telecommunications solutions in Sarawak. Demanlink aims to be a key player in Sarawak’s growth journey through achieving its digital goals and ensuring digital equity throughout the state, in partnership with investor(s) such as EdgePoint Infrastructure.

For more information on EdgePoint, please visit https://edgepointinfra.com/

Issued on behalf of EdgePoint Infrastructure by Narro Communications Sdn Bhd

For media inquiries, please contact:

Annushia Balavijendran
Communications, EdgePoint Infrastructure
Email: annushia@edgepointinfra.com

Timothy Gunapalan
Narro Communications
Email: timothy@narrocomms.com

Malaysia and France Strengthen Defence Industry Ties with Landmark MoU Signing

The Coalition of Defence Industry, Malaysia – CDI (M) has signed a landmark Memorandum of Understanding (MoU) with three prominent French defence industry associations, The French Association of Maritime Industries (GICAN), The French Land and Air-Land Defence and Security Industries Group (GICAT) and The French Aeronautics and Space Industries Group (GIFAS), which marks a new chapter in the strategic bilateral defence cooperation between both countries.

3Gs: From the left: Mr. Frederic Parisot, CEO of GIFAS, Mr. Nicolas Chamussy, Chairman of GICAT , Mr. Philippe Berterottière, Chairman and CEO of Gaztransport & Technigaz,
Vice President of GICAN, Dato’ Nonee Ashirin Binti Dato’ MOhd Radzi,
President of CDI (M) and Executive Chairman, GTA.

Witness: From the left Captain Zainol bin Ahmad RMN,
Lieutenant General Gael Diaz de Tuesta, YAB Dato’ Seri Mohamed Khaled bin Nordin,
Dato’ Muhammad Ammir bin Haron, En Mohd Nizam bin Mohd Khir.

The signing of this landmark MOU between the four parties in Paris today took place in the presence of the Malaysia’s Minister of Defence, Yang Berhormat Dato’ Seri Mohamed Khaled bin Nordin who accompanied the Prime Minister of Malaysia, Yang Amat Berhormat Dato’ Seri Anwar Bin Ibrahim on an official visit to France.

A Unified Vision for Innovation and Security

The MoU outlines a shared vision between Malaysia and France to bolster industrial cooperation across strategic and critical domains, including aerospace, maritime, land, systems, and technologies. It also reflects a commitment to drive innovation and expand joint research and development efforts. This collaboration aims to facilitate:

Regular information exchanges, dialogues and joint seminars;
Formation of a bilateral club for participating companies from both countries;
Capacity building and joint technology projects;
Enhanced cooperation between training institutions and industry players;
Exploration of regional and international markets; and
High-level engagements with respective government and delegations.

Mutual Commitments to Growth

Yang Berbahagia Dato’ Nonee Ashirin binti Dato’ Mohd Radzi, President of CDI (M) and Executive Chairman, Global Turbine Asia stated: “This agreement is a strategic milestone for Malaysia’s defence sector. It reflects our ambition to grow global partnerships. By working closely with our French counterparts, we are not only enhancing our industrial capabilities, but also opening new pathways for innovation, upskilling, and global market access.”

Representing the French delegation, Mr Philippe Berterottiere, Chairman and CEO of Gaztransport & Technigaz / President of GICAN, commented: “Malaysia is an increasingly important player in the global defence landscape. Through this MoU, we aim to build durable industrial relationships that go beyond technology, partnerships rooted in trust, innovation, and shared prosperity.”

Nicolas Chamussy, Chairman of GICAT, added: “This collaboration provides a unique platform to align our expertise with Malaysia’s strategic goals. We are particularly excited to pursue and intensify joint opportunities in land and air-land defence systems.”

Mr. Fréderic Parisot, CEO of GIFAS, said: “Aerospace collaboration is critical in today’s security environment. We believe this MoU lays the foundation for impactful cooperation in research, training, and future-ready capabilities between France and Malaysia.”

Lieutenant-General Gaël Diaz de Tuesta, French National Armaments Director, observed: “Various models of industrial partnership can be considered, leveraging the best skills of each party: projects with a French prime contractor and Malaysian suppliers, or alternatively, projects with a Malaysian prime contractor and French OEMs (Original Equipment Manufacturers), as is currently implemented in the LCS program.”

Long-Term Strategic Impact

This strategic engagement underscores Malaysia’s long-term commitment to cultivating a self-reliant, innovative, and globally competitive defence industry, in alignment with national development priorities and regional security objectives. France has also long been a strong partner for the Malaysian defence sector. This industrial collaboration between the associations marks the start of the journey together for the industries as Malaysia and France continue to deepen bilateral ties.

By fostering collaboration through knowledge-sharing and technology transfer, this partnership aims to demonstrate Malaysia’s growing industrial capabilities and position local companies as credible and capable partners on the international stage. Furthermore, the anticipated investment and cooperation under this MoU are expected to contribute meaningfully to Malaysia’s economic growth, technological advancement, and the overall strengthening of its defence ecosystem.

ABOUT COALITON OF DEFENCE, MALAYSIA – CDIM (M)

The Coalition of Defence Industry, Malaysia – CDI (M) is a unified body that represents the collective interests of Malaysia’s defence sector. CDI (M) is committed to fostering a collaborative environment where industry players can work together to drive growth, innovation, and unity in Malaysia’s defence sector. With a mission to advocate for policies and regulations that benefit the defence industry, CDI (M) also provides a vital platform for networking and collaboration among its members. The coalition is dedicated to supporting the growth and professional development of its members by offering training, conducting industry research, and promoting ethical standards and best practices. Through these efforts, CDI (M) aims to build a thriving and self-reliant defence industry in Malaysia, capable of meeting the nation’s defence needs and positioning itself as a leader in the regional and global defence landscape. Please visit: CDI (M)

ISSUED BY MNAIR PR CONSULTANCY SDN BHD ON BEHALF OF GLOBAL TURBINE ASIA SDN BHD AS COALITION OF DEFENCE, MALAYSIA MEMBERS

Contacts for Media Enquiries:

MNAIR PR Consultancy Sdn Bhd

Sashikala Nair
Director, Public Relations
+6012 566 9095
sashi@mnairpr.com

Ameera Hani
Associate Director, Public Relations
+6014 224 3296
ameera@mnairpr.com

Coalition of Defence, Malaysia – CDI (M)

Puan Ilme Onn
Honorary Secretary
+6012 244 4996
ilme@mycdi.my

Global Turbine Asia Sdn Bhd

Muhassanah Murad
Corporate Communication | CEO Department
+60 18 261 3093
afiqah.muhassanah@globalturbineasia.com

INVEST FAIR Malaysia 2025 Spotlights Investor Trends, Multi-Asset Literacy, and Tech-Driven Platforms

INVEST FAIR Malaysia 2025, the country’s largest retail investment event, returned to Kuala Lumpur with its biggest edition to date. Held over the weekend of 21–22 June 2025 at the Mid Valley Exhibition Centre, the event was organised by ShareInvestor Malaysia Sdn Bhd, Malaysia’s leading independent platform for investor relations, market analytics, and financial education. The two-day fair brought together over 70 speakers, 30 exhibitors, and welcomed over 13,000 participants, a 30% increase from last year’s attendance of 10,000.

[L–R] Mr Edward Stanislaus, Managing Director of ShareInvestor Malaysia Sdn Bhd, Ms Stephanie Tan, Head of Investor Strategy and Development of Bursa Malaysia, Mr Christopher Lee, CEO and Director of AlphaInvest Holdings Pte Ltd, Dato’ Fad’l Mohamed, CEO of Bursa Malaysia, Mr Lim Dau Hee, COO and Director of AlphaInvest Holdings Pte Ltd, Mr Shanison Lin, Director of AlphaInvest Holdings Pte Ltd, and Mr Darren Chong, Head of Investor Platforms ShareInvestor Malaysia Sdn Bhd.

Officiated by Dato’ Fad’l Mohamed, CEO of Bursa Malaysia, the event highlighted the evolving needs and aspirations of Malaysia’s investor base. This year’s fair, themed “Money. Finance. Technology.”, reflected the evolving investment landscape shaped by digitalisation, diversified asset classes, and changing investor behaviour.

AlphaInvest Holdings CEO and Director, Mr Christopher Lee, said, “Technology has not just reshaped how we invest, it has redefined who gets to participate. Data is more accessible, and financial knowledge is no longer exclusive. Today’s investors are younger, more digitally savvy, and more connected than ever before. But access alone is not enough.

What truly empowers investors is education. That’s why AlphaInvest continues to champion platforms and tools that support investor education, market clarity, and community engagement, all with the purpose of empowering individuals to invest with purpose and confidence.”

Participants at the fair demonstrated increased interest in multi-asset strategies and risk management approaches, moving beyond equity-centric investing. Over 70 curated sessions were delivered in English, Malay, and Chinese, addressing macroeconomic outlooks, technical trading techniques, digital assets, REITs, and AI-driven investment strategies.

INVEST FAIR Malaysia 2025

Sessions such as “Boom, Bust or Bounce: Navigating Malaysia’s Market Outlook for the Second Half of 2025” and “Are REITs Still a Smart Investment in 2025?”, featuring industry leaders like Valerie Ong (KIP REIT) and Zul-hilmy (JLG REIT Managers), drew full audiences and strong engagement.

The exhibitor landscape also reflected broader market shifts. In addition to traditional financial institutions, the event saw increased presence from digital-first platforms such as Moomoo, FSMOne, and Webull, all demonstrating features prioritising transparency, user control, and advanced analytics.

A major crowd-puller was PitchLah!, a live pitching competition presented by Bursa Malaysia. Participants delivered investment ideas on Malaysian small- and mid-cap stocks to a panel of expert judges.

PitchLah! Competition winner

With increasing investor appetite for reliable market insights, digital tools, and cross-border exposure, INVEST FAIR Malaysia 2025 captured both the momentum and maturing expectations of retail investors in the region. It also reaffirmed AlphaInvest’s role in empowering investors through platforms that prioritise transparency, multi-language access, and user-centric tools.

About AlphaInvest Holdings Pte. Ltd. ( www.alphainvestholdings.com )

A leading regional financial services, media and technology company, AlphaInvest Holdings Pte Ltd (“AlphaInvest” or “the Group”) was founded in 1999 to empower investors by providing them with trusted products and services for informed investment decision-making. Its core areas of business span investor relations, market data tools and investor education.

AlphaInvest Group operates the largest investor relations network in the region, with a customer base of about 700 public listed companies and a reach of over 300,000 people across its platforms. The Group has over 120 employees in four countries (Singapore, Malaysia, Thailand, and Indonesia).

The Group has made several strategic investments:

– in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd ( www.waterbrooks.com.sg ).

– in Singapore’s leading social media platform for investors, InvestingNote ( www.investingnote.com ).

InvestingNote is the largest and most active social platform for investments in Singapore and Malaysia. It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, news and insights through social networking and a variety of useful investment tools.

ShareInvestor ( www.shareinvestor.com ). provides online market data tools for multiple markets across its ShareInvestor Station™, ShareInvestor WebPro™ and ShareInvestor Mobile range of products.

AlphaInvest’s digital publications include:

– Investor-One ( www.investor-one.com ), a website on investor education, market news, corporate developments, and data analytics;

– Inve$t, the e-magazine published weekly in Singapore and Malaysia.

AlphaInvest organises financial investment seminars and conferences for investors. Its annual large-scale events INVEST FAIR™ ( https://investfair.com.my/ ). in Malaysia and Singapore draws thousands of participants. Other key exhibition includes the largest REIT event ie REITS Symposium ( www.reitsymposium.com).

Media Contact:
Mr Darren Chong
Head of Investor Platforms
ShareInvestor / Investing Note
Email: darren.chong@shareinvestor.com
Mobile/WhatsApp: (+60) 014-944-1639

TransNusa Becomes First Indonesian Airline to Launch Scheduled Bali – Guangzhou Route

Passengers Can Now Enjoy Seamless Travels To Renown Tourist Destinations In Indonesia Via Bali

PT TransNusa Aviation Mandiri makes Indonesia proud by becoming the first Indonesian airline to launch the attractive Bali-Guangzhou route to China
TransNusa successfully started sale of tickets on February 24th with a promotional rate of IDR2.388.000, CNY999 and USD149, one-way
TransNusa continuously expands international route and strengthens Bali base in Indonesia

TRANSNUSA has created history yet again and became the first Indonesian airline to launch scheduled flights from Bali, Indonesia to Guangzhou, China. The launch, which took place today, saw TransNusa’s flight, 8B 969, depart Bali on April 13 at 20.15pm and arrive at the Guangzhou Baiyun International Airport, as scheduled at 01.00am on April 14.

This move, being a strategic triumph for the airline, was launched weeks after the launch of the airline’s new scheduled Bali-Perth route on March 20.

TransNusa Group Chief Executive Officer and aviation veteran, Datuk Bernard Francis said that since TransNusa’s re-launch as a Premium Service Carrier in 2022, the airline has focused on meeting the needs and wants of our passengers.

“Our main priority and focus is to create new exciting routes for our passengers and offer seamless and fast travels, whether through direct routes or transits routes.” Datuk Francis added.

Details of the new Route
TransNusa launched its Bali-Guangzhou route at a promotional price that starts from IDR2.388.000, CNY999 and USD149. TransNusa tickets are available for purchase at transnusa.co.id and all other main online travel agent platforms worldwide.

“With the launch of this new route, we hope to provide tourists from China additional options to travel to the Island of Gods, Bali,” Datuk Francis said, adding that TransNusa will also provide its passengers with options to visit other major tourist destinations from Bali, such as Indonesia’s diving haven, the island of Manado.

At the initial stage, from April 13th to May 31st, TransNusa will be operating four flights a week from I Gusti Ngurah Rai International Airport, popularly known as the Denpasar International Airport. The TransNusa flight, 8B 969, will depart Bali at 20.15pm and arrive at the Guangzhou Baiyun International Airport at 01.00am while TransNusa flight, 8B 968, will depart Guangzhou Baiyun International Airport at 02.05am and arrive in Bali at 07.40am. The TransNusa flight will depart Bali every Monday, Wednesday, Saturday, and Sunday, while flights will depart Guangzhou on Monday, Tuesday, Thursday, and Sunday. For this scheduled flight, TransNusa will be utilizing its A320 narrow-body jet airliner, which has 174 seats, to cater for the five-hour scheduled flight.

Datuk Francis explained that the airline will increase the frequency of the scheduled Bali-Guangzhou route from four times weekly to daily flights from June 1st onwards.

Brief History On TransNusa
TransNusa, which had to close business due to the Covid-19 pandemic was injected with new shareholders and management team in 2022. The airline opened its doors for business in October and within six months, in April 2023, launched its first international flight from Jakarta to Kuala Lumpur, Malaysia.

After which, under the new leadership of Datuk Francis, and the new management team, the airline successfully launched three more new international routes by the end of 2023. In 2024, the airline continued growing its international and domestic route and at the same time recording historical firsts that also became a significant industry first for the Indonesian aviation industry.

Since April 2023, TransNusa has been making headlines in Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and diving haven, Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China and provided Indonesians with more pricing and route options to China.

TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to be the fastest growing airline in South East Asia.

– ENDS –

About TransNusa
TransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered.

TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport.

The airline currently flies from Jakarta to Yogyakarta, Bali, Kuala Lumpur, Malaysia, Subang, Malaysia and Guangzhou, China. It also flies from Bali to Jakarta and Manado. TransNusa will be launching its scheduled Bali to Perth route on March 20th and its Bali to Guangzhou route on April13th. TransNusa made history when it became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.

Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline’s customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 for assistance.

Media Contact
Trina Thomas Raj
trina@myqaseh.org
+60124992672 (watsapp)

Celebrate Chinese New Year 2025 with Spritzer: Embrace Heartfelt & Refreshing Moments

This Chinese New Year, Spritzer invites Malaysians to cherish heartfelt moments for a refreshing experience this festive season through its heartwarming campaign that brings families and friends closer together. As we usher in the Year of the Snake, Malaysia’s leading mineral water brand, Spritzer is excited to present its Chinese New Year (CNY) 2025 campaign that highlights the importance of open-hearted conversations, combining tradition with a modern touch while bringing loved ones closer together.

At the heart of the campaign is Spritzer’s touching short film, “Speak from the Heart”, a tale reminding us to express ourselves with sincerity, respect and understanding, starring actors and brand ambassadors, Koe Yeet and Jaspers Lai with special appearances by Yagood and Jobroseph. This latest campaign is yet another reflection of Spritzer’s values which are deeply ingrained into its commitment to creating positive impact in society and doing good for humanity.

Spritzer celebrates Chinese New Year in 2025 with “Speak from the Heart”, a short film to remind us to embrace the spirit of the season

A Film to Inspire – “Speak from the Heart”

The film tells a story familiar to many young Malaysians, about a young man named Jasper who is approaching his 30s and feeling the pressure from his family to settle down. With the Chinese New Year festive season approaching and his anxiety rising, Jasper enlists a hairstylist played by Koe Yeet to pretend to be his girlfriend for the day. With her humour, quick wit, and ability to hear the inner thoughts of others, Koe Yeet helps Jasper navigate conversations with his nosy aunt turning a potentially stressful situation into a memorable and light-hearted experience.

“Speak from the Heart” channels the true spirit of the Year of the Snake, by reminding us to tap into wisdom, charm, intuition and elegance to glide through the complexities of life and relationships with our loved ones. Check out Spritzer’s short film, “Speak from the Heart”, which is available on the Spritzer Group’s YouTube channel today!

Festive Gifts & Memorable Moments with Spritzer

Spreading the festive cheer, Spritzer is offering exclusive gifts with purchases of its high-quality beverage products to add to the excitement of the season. Customers who buy RM38 worth of Spritzer products will receive a free Spritzer CNY Ceramic Bowl, while those who spend RM18 will get a free Spritzer CNY Retro Mug. These special edition items are sure to add a touch of tradition to your festive get-togethers.

Spritzer’s Natural Mineral Water is also available with a special edition CNY bottle label to add to the festive excitement. Rich in silica to promote healthy skin, hair and nails, it is perfect for staying hydrated throughout the celebrations. In addition, Spritzer Sparkling, available in original and lemon flavours, makes for a refreshing beverage on its own. Spritzer Sparkling contains no sweeteners or calories, and is perfect for pairing with food, gifting to loved ones, and serving at gatherings.

From inspiring short films to exclusive gifts, Spritzer’s CNY 2025 heartwarming campaign is designed to fill your festive season with cheer and positivity. Don’t miss out on the chance to embrace heartfelt traditions while enjoying the refreshing benefits of Spritzer’s beverages this Chinese New Year.

Spritzer’s “Speak from the Heart” short film is available on the Spritzer Group YouTube channel. For more details about Spritzer’s Chinese New Year campaign, please visit our website at https://www.spritzer.com.my/.

For more high-resolution photos, please download them here.

About Spritzer

Spritzer, Malaysia’s No.1 bottled water brand since 1989, sources its water from a 430-acre tropical rainforest in Taiping. The water undergoes a natural filtration process through underground rocks for over 15 years, enriching it with essential minerals like Silica, which benefits skin, bones, hair, and nails.

As a leader in smart manufacturing, we use advanced technology to ensure quality and safety. Our packaging is 100% recyclable and made from recycled materials, reflecting our commitment to sustainability. Tested annually by SIRIM, our products are free from microplastics.

Spritzer offers a full range of products, from Natural Mineral Water and Sparkling Water to Distilled Water and Fruit-flavoured Beverages, catering to every lifestyle and occasion. With a vision to become a circular brand by 2030, we are committed to sustainability and delivering quality you can trust.

Spritzer—nature, innovation, and sustainability in every bottle. For more information, please visit www.spritzer.com.my.

SCIB Reports 14.6% Revenue Growth to RM45.1 Million in Q1FY2025

The Company’s Manufacturing Division Remains a Key Contributor Amid Market Volatility

Industrialised building systems specialist, Sarawak Consolidated Industries Berhad (SCIB or the Company) is pleased to announce its unaudited financial results for the first quarter of the fiscal year 2025 (Q1 FY2025). The Company reported a revenue of RM45.1 million, marking a 14.6% year-on-year increase compared to RM39.4 million in Q1 FY2024. The growth in revenue is largely due to the increased recognition of construction works done from ongoing projects.

Ku Chong Hong, Managing Director of SCIB

As for Q1FY2025, SCIB’s Manufacturing division continues to play a pivotal role in the Company’s performance, contributing RM32.5 million to the total revenue, a 9.9% increase from RM29.6 million in Q1 FY2024. This growth was primarily driven by increased sales of foundation piles and Industrialised Building System (“IBS”) products, especially for major projects such as the Kuching Urban Transportation System (“KUTS”), the Sarawak Second Trunk Road (“STR”) and school projects in Sarawak.

Profit Before Tax (“PBT”) for the manufacturing segment stood at RM3.8 million. Meanwhile, the Construction/Engineering, Procurement, Construction and Commissioning (“EPCC”) division reported revenue of RM12.6 million, an increase from RM9.8 million in the same quarter last year. However, the segment recorded a Loss Before Tax (“LBT”) of RM2.0 million due to unanticipated unrealised foreign exchange loss recognised. The division remains focused on delivering ongoing projects while exploring new opportunities for expansion.

During the quarter, SCIB maintained its commitment to strengthening its financial foundation and broadening its project portfolio. Additionally, SCIB had recently acquired a 2.49-hectares land parcel at Bintulu Sibiu Road, Bintulu, for RM9.2 million, followed by another parcel of 7.3-hectares land in Jalan Bintulu-Sibu as part of its plan to collaborate with developers for residential housing projects that utilise SCIB’s high-quality products and industry expertise, while expanding SCIB’s products and services offering to serve the fundamental needs of the Sarawak market.

Mr. Ku Chong Hong, Managing Director of SCIB, commented, “The results of Q1 FY2025 reflect the challenges of a dynamic economic environment. However, we remain steadfast in our commitment to strengthening the financial foundation of the Company. Besides targeting to secure projects consistently, the recent securing of financial facilities from SME Bank and the proposed private placement of 10.0% of SCIB’s total issued shares underscore our focus on enhancing our cash position and ensuring financial stability to support our operational and strategic initiatives.”

Looking ahead, SCIB remains optimistic about Malaysia’s construction sector, bolstered by the record allocation in Budget 2025 of RM421 billion, including RM86 billion for development expenditure. The RM5.9 billion allocated for Sarawak, aimed at upgrading public infrastructure such as schools, healthcare centres, and airports, as well as large-scale projects like the Sabah-Sarawak Link Road (“SSLR”) and the North Coastal Highway, aligns seamlessly with SCIB’s expertise and strategic direction. The Company is poised to leverage its manufacturing capabilities and strategic initiatives to secure a strong foothold in both local and regional markets, ensuring sustainable growth and long-term value for its stakeholders.

ABOUT SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Sarawak Consolidated Industries Berhad (“SCIB”) was founded in 1975 and has evolved from a small enterprise into a reputable Group of companies listed on the Main Market of Bursa Malaysia Securities Berhad. Currently, SCIB is operating three factories in Kuching, Sarawak, one factory in the Pending Industrial Estate and two factories in the Demak Laut industrial park.

SCIB is well known for professional management and has long history of innovative ideas and technological advances. Coupled with its wealth of experience and research acquired in more than three decades, SCIB offers its clients in-depth expertise through a combination of technology, efficiency and speed.

For more information, visit scib.com.my.

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Sarawak Consolidated Industries Berhad

For more information, please contact:
Jazzmin Wan
Email: j.wan@swanconsultancy.biz

Stephanie Chow
Email: s.chow@swanconsultancy.biz

Genetec maintains stable and profitable performance on a lower Q1FY2025 revenue

Technology leader in providing turnkey, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD (“Genetec” or the “Company”), announced its financial results for the first quarter of its new financial year (“Q1FY2025). Despite the lower Year-on-Year (“YoY”) revenue, Genetec showcases its resilience with the continued profitability and high-double digit margins.

The Company recorded revenue of RM40.2 million and gross profit (“GP”) of RM7.3 million for its Q1FY2025 ending 30 September 2024. It also reported profit before tax (“PBT”) of RM4.4 million, profit after tax (“PAT”) of RM4.1 million and profit after tax and minority interest (PATAMI) of RM4.8 million. Genetec continues to maintain double-digit margins for its GP, PBT, PAT and PATAMI of 18.2%, 10.9%, 10.2% and 11.9%, respectively.

Genetec acknowledged that the last quarter has been challenging for the business which it believes was mainly attributed to policy uncertainties from the client’s operating markets. With the conclusion of the U.S. Presidential election and European policy developments, particularly on inflation, import tariffs, and decarbonisation, there is a sense of relief and clarity, and companies are moving forward with their capital expenditure with greater certainty.

The Company, leveraging its expertise in customised automation technology and project execution, continue to work closely with its clients to deliver tailored solutions aimed at enhancing manufacturing automation, improving efficiency and increasing production yield for its clients. With its strong track record, Genetec is confident in its ability to continue to build trust and secure recurring business from its clients. Its high client retention rate stands as a testament to its exceptional performance and has been a key factor in the Company’s success. This strong foundation enables the Company to broaden its scope and product offerings with other divisions within the organisation of its existing clients to grow revenue over the long-term. At the same time, the Company’s business development team continue to explore new opportunities in new markets and industries, leveraging on its extensive experience and proven success working with leading international and reputable clients.

Genetec’s Battery Energy Storage System (“BESS”) business is slowly gaining traction as it executes smaller-scale but strategically significant projects in both domestic and international markets. The Company remains confident that its execution capabilities and international track record will position Genetec favourably. Market developments such as the government’s recently announced Corporate Renewable Energy Supply Scheme (CRESS) through interest in pairing BESS technology with solar projects, will also support demand for BESS moving forward, and is a step in achieving 70 percent renewable energy in the capacity mix by 2050[1].

Moving forward, Genetec remains committed to its strategy and focus on operational efficiency, strict cost management. With its low gearing levels and recent sale of subsidiary CLT Engineering Sdn Bhd to add to its already strong cash position, Genetec is positioning itself to ramp up operations in the coming months.

About Genetec Technology Berhad

Genetec Technology Berhad is a technology leader in providing customised full turnkey smart factory automation manufacturing lines. It is a public company listed on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104). Its principal business focus is in the provision of high-quality, responsive and cost-effective designs, as well as the manufacturing of automated industrial systems, equipment and value-added services for its global customers in the Electric Vehicle (EV), Energy Storage, Automotive, Hard Disk Drive (HDD), Consumer Goods and Healthcare sectors.

For more information please visit: https://genetec.net/.

Issued by: Narro Communications on behalf of Genetec Technology Berhad

[1] Source: Suruhanjaya Tenaga – Guidelines for CRESS

RichTech Digital Berhad Signs Underwriting Agreement with KAF Investment Bank Berhad

RichTech Digital Berhad (“RichTech” or the “Company”), a company involves in the distribution of electronic reloads and provision of bill payment services in Malaysia, is pleased to announce the signing of underwriting agreement with KAF Investment Bank Berhad (“KAF”) for its upcoming public offering in conjunction with the listing on the ACE Market of Bursa Malaysia Securities Berhad (“ACE Market”). This pivotal milestone underscores RichTech’s determination to continued innovation and growth in the electronic reloads and bill payment sector of Malaysia.

1. Ms. Agnes Wong Eei Nien, Executive Director of RichTech Digital Berhad
2. Mr. Lee Teik Keong, Managing Director of RichTech Digital Berhad
3. Mr. Wong Koon Wai, Non-Independent Non-Executive Chairman of RichTech Digital Berhad
4. En. Rohaizad Ismail, Chief Executive Officer of KAF Investment Bank Berhad
5. Mr. Yap Chin Fatt, Director, Corporate Finance of KAF Investment Bank Berhad [L-R]

Established in 2010, RichTech is a leading provider of electronic reloads and bill payment services in Malaysia, powered by its proprietary SRS platform. The platform enables electronic reloads for mobile airtime and data, prepaid digital TV, gaming credits, application credit, and e-wallet credit, as well as bill payments for postpaid mobile network, utilities, maintenance services of national sewerage systems, internet, postpaid digital TV, quit rent, assessment payment, and education loans. It serves over 4 million users nationwide.

This Initial Public Offering (“IPO”) exercise will involve a public issue of 54.66 million new ordinary shares (“Issue Shares”) and 25.31 million existing shares to be offered under Offer for Sale (“Offer Shares”), collectively representing 39.50% of the Company’s enlarged issued share capital. The allocation of the Issue Shares and Offer Shares are as follows:

The allocation of Issue Shares will be offered in the following manner: –

1. Shares for the Malaysian Public via Balloting:
– 10.12 million Issue Shares, equally distributed between Bumiputera and non-Bumiputera investors (5% of the enlarged issued share capital).

2. Allocation to Eligible Directors and Employees:
– 1.55 million Issue Shares (0.77% of the enlarged issued share capital).

3. Private Placement to Selected Investors:
– 42.99 million Issue Shares (21.23% of the enlarged issued share capital).

4. Offer for Sale via Private Placement to Selected Investors:
– 25.31 million Offer Shars (12.50% of the enlarged issued share capital).

KAF, in its role as Principal Adviser, Sponsor, Underwriter, and Placement Agent, will underwrite 11.67 million Issue Shares allocated for the Malaysian public and eligible individuals.

Mr. Lee Teik Keong, Managing Director of RichTech, said, “The partnership with KAF enables us to take our services to greater heights while strengthening our ability to serve the growing market. With the funds raised, we will focus on expanding our SRS platform, enhancing our technological infrastructure, and introducing innovative services to cater to evolving consumer needs.”

Rohaizad Ismail, Chief Executive Officer of KAF, remarked, “It is our honour to be part of RichTech’s remarkable journey to the ACE Market. RichTech’s focus on service excellence positions it as a key player in Malaysia’s electronic reloads and bill payment sector. This IPO will equip the company with the resources it needs to scale its impact and deliver exceptional value to its stakeholders.”

RichTech will utilise IPO proceeds to fuel growth in the distribution of electronic reloads and provision of bill payment services, including marketing efforts to expand its SRS corporate and end-user base, as well as utilising the proceeds for general working capital purposes. A portion will fund the acquisition of a new office to consolidate its headquarters and branch under one roof, enhancing corporate profiling and operational efficiency. The remainder will cover listing expenses pertaining to its ACE Market debut and support strategic growth initiatives. The listing of RichTech on Bursa Securities will provide a solid platform for the company to accelerate its growth and advance its vision to become a leading force in Malaysia’s electronic reloads and bill payment industry.

KAF Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Placement Agent.

About RichTech Digital Berhad (“RichTech”)

RichTech Digital Berhad is a leading provider of electronic reload and bill payment services in Malaysia, driven by its proprietary SRS platform. Established in 2010, the SRS platform enables electronic reloads for mobile airtime and data, prepaid digital TV, gaming credits, application credit, and e-wallet credit as well as bill payments for postpaid mobile network, utilities, maintenance services of national sewerage systems, internet, postpaid digital TV, quit rent, assessment, and education loans. With a network of over 4 million users nationwide, the Company delivers a one-stop solution with secure, scalable, and innovative technology to meet Malaysia’s growing demands on electronic reloads and bill payment sector.

For more information, visit https://richtech.my/index.html

Issued By: Swan Consultancy Sdn. Bhd. on behalf of RichTech Digital Berhad

For more information, please contact:

Jazzmin Wan
Email: j.wan@swanconsultancy.biz

Xinyi Ching
Email: x.ching@swanconsultancy.biz

Cropmate Berhad IPO Oversubscribed by 84.88 Times

Cropmate Berhad (Cropmate or the Company), a key player in the conventional and specialty fertiliser manufacturing industry in Malaysia, is pleased to announce that its Initial Public Offering (IPO) for the Malaysian public has been oversubscribed by 84.88 times, indicating strong investor interest in Cropmate’s growth trajectory and prospects.

Managing Director of Cropmate Berhad, Mr. Lee Chin Yok

Cropmate’s IPO of 260.00 million ordinary shares (IPO Shares) consists of a Public Issue of 210.00 million new ordinary shares (Issue Shares) and an Offer for Sale of 50.00 million shares (Offer Shares) involving:

(I) Institutional offering of 208.34 million IPO Shares in the following manner:

158.34 million Issue Shares allocated via private placement to institutional and selected investors, including 42.25 million Issue Shares approved for Bumiputera investors by the Ministry of Investment, Trade and Industry (MITI); and
50.00 million Offer Shares allocated via private placement for Bumiputera investors by the MITI.

(II) Retail offering of 51.66 million IPO Shares in the following manner:

36.90 million Issue Shares made available for application by the Malaysian public via balloting, with an equal allocation between Bumiputera and non-Bumiputera investors; and
14.76 million Issue Shares reserved for application by the eligible directors of the Company, employees of Cropmate and its subsidiary (Group) and persons who have contributed to the success of the Group (Eligible Persons).

The Group received a total of 21,392 applications for 3,169,052,100 Issue Shares with a value of approximately RM633.81 million were received from the Malaysian public, which represents an overall oversubscription rate of 84.88 times. For the Bumiputera portion, a total of 10,745 applications for 1,368,843,700 Issue Shares were received, which represents an oversubscription rate of 73.19 times. For the public portion, a total of 10,647 applications for 1,800,208,400 Issue Shares were received, which represents an oversubscription rate of 96.57 times.

The 14.76 million Issue Shares made available for application by the Eligible Persons were fully subscribed.

Under the Institutional Offering of 208.34 million of IPO Shares, the Bookrunner has confirmed that it has received interests to subscribe the 158.34 million Issue Shares allocated via private placement to institutional and selected investors, including 42.25 million Issue Shares for Bumiputera investors by the MITI, as well as 50.00 million Offer Shares allocated via private placement for Bumiputera investors by the MITI.

Managing Director of Cropmate Berhad, Mr. Lee Chin Yok, expressed, “The robust response to our IPO reflects the trust that investors have placed in Cropmate’s business and strategic direction. We are grateful for this overwhelming support and excited to move forward with our plans to enhance our operations and customer service capability to meet the growing demand for our fertilisers.”

Mr Lee also added, “The enthusiastic response from investors underscores their belief in Cropmate’s future potential. This support motivates us to strengthen our operations and continue innovating to meet the evolving needs of the agriculture industry.”

Group Managing Director/Chief Executive Officer of Hong Leong Investment Bank Berhad (“HLIB”), Ms. Lee Jim Leng, remarked, “The strong demand for Cropmate’s IPO is a testament to the investment community’s recognition of the Company’s solid management team and their prospects. Cropmate is well-positioned to make a meaningful impact in the agricultural sector, and we are honoured to support them in their journey.”

Hong Leong Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Bookrunner.

Cropmate Berhad is scheduled to make its debut on the ACE Market of Bursa Securities on 5 December 2024.

About Cropmate Berhad (Cropmate)

Founded in 2018, Cropmate Berhad is an established fertiliser manufacturer and supplier in Malaysia, specialising in the formulation and blending of conventional and specialty fertilisers. With a focus on innovation and sustainability, Cropmate offers a wide range of products designed to enhance agricultural productivity, including compacted and blended fertilisers, as well as semi-organic, organic, and liquid fertilisers. Led by industry veterans with decades of experience, Cropmate is committed to supporting farmers in improving crop yield and quality. As the first pure-play fertiliser company listed on Bursa Malaysia, Cropmate continues to advance its mission of contributing to the growth and sustainability of the agricultural sector.

For more information, visit https://www.cropmate.com.my/

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Cropmate Berhad

For more information, please contact:

Jazzmin Wan
Email: j.wan@swanconsultancy.biz

William Yeo
Email: w.yeo@swanconsultancy.biz

EdgePoint Infrastructure Inks Strategic Partnership with CelcomDigi to expand connectivity in Malaysia at TowerXchange Meet Up Asia 2024

Signs second agreement with Malaysian Technical Standards Forum Bhd aimed at ensuring quality infrastructure is deployed in Malaysia

EdgePoint Towers Sdn Bhd (EPT), part of EdgePoint Infrastructure (EdgePoint), the ASEAN-based independent telecommunications infrastructure company today inked a strategic partnership with leading mobile network provider (MNOs) in Malaysia, CelcomDigi Bhd (CelcomDigi), at the annual TowerXchange Meet Up Asia 2024, an exclusive meeting place for Asia-Pacific tower players.

Mr Suresh Sidhu – Chief Executive Officer at EdgePoint Infrastructure
Encik Muniff Kamaruddin – Chief Executive Officer at EdgePoint Towers Sdn Bhd
Yang Berbahagia Datuk Mohamad Idham Nawawi – Chief Executive Officer, CelcomDigi Bhd
Mr Joachim Rajaram – Chief Corporate Affairs Officer, CelcomDigi Bhd [L-R]

Present at the event were Yang Berbahagia Dato’ Mohd Ali Hanafiah Mohd Yunus, Managing Director of Malaysian Communications and Multimedia Commission and Yang Mulia Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin, Chairman of EdgePoint Malaysia Holdings. This partnership represents EdgePoint’s increasing commitment to serve MNO partners holistically to help them not only overcome today’s challenges but to prepare for the opportunities of tomorrow.

Partnering with Malaysia’s largest MNO CelcomDigi Berhad, EdgePoint Towers Sdn Bhd inked a Memorandum of Agreement (“MoA”), to collaborate on the expansion of CelcomDigi’s connectivity reach, realise network synergies and focus on cost optimisation aimed at ultimately benefiting CelcomDigi customers with seamless connectivity. This partnership also lays the foundation for advanced, future-ready connectivity solutions opportunities such as in-building solutions and small cells for improved indoor coverage, ensuring that CelcomDigi is prepared for growth and increased data demand.

Muniff Kamaruddin, Chief Executive Officer of EdgePoint Towers said, “This partnership is a natural extension to the fruitful working relationship EdgePoint and CelcomDigi has enjoyed to date. We look forward to helping CelcomDigi realise the benefits of the merger, as well as prepare for the future. As Malaysia accelerates its efforts for ubiquitous connectivity, we look forward to continuing to develop and deploy future ready infrastructure and innovative technologies quickly to enhance the digital experiences of consumers and enterprises alike in the country”.

Datuk Idham Nawawi, Chief Executive Officer of CelcomDigi said, “The country is in prime position to be a regional leader in 5G and AI development. We are committed to building a state-of-the-art network for our customers and advance the nation into a 5G-AI powered digital society. Through partnerships like this, we will be able to optimise our newly modernised network to better serve our customers in more areas across the country and accelerate Malaysia’s digital transformation.”

Also at the event, a second agreement aimed at ensuring quality infrastructure is deployed in Malaysia was signed between Persatuan Penyedia Infrastruktur Telekomunikasi Malaysia (PPIT) and Malaysian Technical Standards Forum Bhd (MTFSB), the standardisation body for Malaysia’s communications and multimedia industry, with all members of PPIT committing to fulfilling the requirements of network interoperability, safety and other technical aspects of network facilities, network services, approval of equipment and all matters related to designing and deploying infrastructure. Signing on behalf of PPIT was the organisation’s President, Muniff Kamaruddin with Puan Normarinee Mohd Nor, Chief Executive Officer of MTSFB.

Speaking at the event Puan Normarinee Mohd Nor, Chief Executive Officer of MTSFB said “As the telecommunications industry continues to evolve at an unprecedented pace, it is our responsibility to ensure that we set clear, forward-thinking and relevant standards that enable innovation while maintaining reliability, security, sustainability and interoperability. Our goal is to foster a collaborative ecosystem where industry leaders, regulators, infrastructure and technology providers can work together to build a more connected, sustainable future for all”

EdgePoint currently owns more than 15,000 towers across Malaysia, Indonesia, and the Philippines.

ABOUT EDGEPOINT INFRASTRUCTURE
EdgePoint Infrastructure is an ASEAN based independent telecommunications infrastructure company that aspires towards Building a Connected, Digital ASEAN. Headquartered in Singapore with operations in Malaysia, Indonesia and the Philippines, through EdgePoint Towers Sdn Bhd, PT Centratama Telekomunikasi Indonesia, Tbk and EdgePoints Towers Inc. respectively, the company is focused on providing sharable and leading-edge telecom structures, small cells and in-building systems. EdgePoint aims to be an industry leader through scale and innovation, driving operational efficiencies through the adoption of analytics and digital technologies.

For more information on EdgePoint, please visit https://edgepointinfra.com/.

ABOUT CELCOMDIGI
CelcomDigi is Malaysia’s largest mobile network operator with more than 20.2 million users on its network. Established on 1 December 2022 from the merger of Celcom and Digi, the company aims to serve the growing digital needs of its customers by leveraging its newly combined widest network footprint, distribution touchpoints, innovative range of digital products and services, and superior customer experience, powered by passionate CDzens. The company has clearly defined ambitions to advance the nation, inspire Malaysian society, and be a leader in inclusion and ESG practices. For more information on CelcomDigi, visit www.celcomdigi.com.

ABOUT MTFSB
The Malaysian Technical Standards Forum Bhd (MTSFB) is the leading standardization body for Malaysia’s communications and multimedia industry. MTSFB was first established on 8 June 2004 as a company limited by guarantee and was later designated as the Technical Standards Forum by the Malaysian Communications and Multimedia Commission (MCMC) on 27 October 2004 pursuant to Section 94 (Chapter 9 of Part V) and Section 184 (Chapter 3 of Part VII) of the Communications and Multimedia Act 1998 (CMA 1998) to develop and maintain technical codes for Malaysia’s communications and multimedia industry (CMI)”