19/09/2025

BIZ & FINANCE FRIDAY | SEP 19, 2025

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Daythree secures equity investment from FPT Software PETALING JAYA: Malaysian-founded business process services (BPS) provider Daythree Digital Bhd’s wholly owned subsidiary Daythree Business Services Sdn Bhd (DBSSB) signed a teaming agreement with FPT Software Malaysia Sdn Bhd, a subsidiary of FPT, to expand both companies’ ability to deliver next generation customer experience, digital transformation and technology services to clients across industries and geographies. The agreement will target projects in telecommunications, energy and utilities, financial technology, banking, financial services and insurance, travel, transport, logistics, hospitality and healthcare, with work to be undertaken in Asia-Pacific (Apac) and other global markets. By combining Daythree’s artificial intelligence-powered BPS expertise with FPT’s global expertise, technology platforms, digital transformation tools and international partner ecosystem, the collaboration enhances the service offerings of both organisations and creates a comprehensive portfolio for clients worldwide. To support the partnership, Daythree entered into a subscription agreement with FPT Software Malaysia, enabling FPT Software Malaysia to take up a 10% enlarged equity interest in Daythree. The investment by FPT Software Malaysia will provide fresh capital for Daythree to scale projects, pursue larger contracts and strengthen its financial base. Daythree founder and managing director Raymond Davadass said, “This partnership demonstrates the kind of alliances that will define the future of our industry. It combines the scale and technology of FPT with Daythree’s AI-first business process services model and creates a platform with the credibility to serve global clients at the highest level.” GXBank launches Jaguh Niaga to turn MSMEs into champions KUALA LUMPUR: GXBank Bhd aims to empower 10,000 micro, small and medium enterprises through its Jaguh Niaga initiative. GXBank said in a statement yesterday that the programme will offer inclusive financing via GX Business Banking and access to a suite of digital business tools suitable to help local businesses grow. GX Business Banking is a fully digital solution that simplifies processes, improves financial access, and offers savings on operating accounts and loan settlements for small businesses. “It offers the GX Biz Account where businesses enjoy daily interest of 1% per annum (plus up to 1.5% per annum bonus interest for GXBank ecosystem partners), zero monthly fees, no minimum balance, and 24/7 customer support. “Another product is GX Biz FlexiLoan. It offers instant access to growth capital of up to RM150,000, no hidden charges on loan application or utilisation, and savings are made on interest when settling the loan early, among others,“ said GXBank, which is Malaysia’s first digital bank. GXBank deputy CEO and chief operating officer Hildah Hamzah said the bank is not only setting new industry standards, but also investing in MSMEs that power more than 95% of Malaysia’s economy. Ultimately, Jaguh Niaga is about MSMEs becoming champions of their trade, she added. – Bernama

EcoWorld surpasses sales target for FY25 in 10 months

PETALING World Development Group Bhd (EcoWorld), achieved RM3.84 billion sales in 10 months of financial year 2025 (FY25), exceeding its full-year target of RM3.5 billion. Announcing financial results for its third quarter ended July 31, 2025 (Q3’25) yesterday, EcoWorld said projects in Iskandar Malaysia, Johor, contributed RM1.99 billion or 52% of the group’s total sales, followed by 38% from the Klang Valley and 10% from Penang. Revenue and gross profit for Q3’25 increased by 45% and 34%, respectively, while profit after tax (PAT) was RM101.1 million, 26% higher than in Q3’24. PAT for Q3 year-to-date (YTD) 2025 was RM311.2 million, 41% higher than Q3 YTD 2024. EcoWorld’s future revenue remains high at RM5.14 billion as at Aug 31, strengthening both the group’s earnings prospects and cashflow visibility. The group’s net gearing ratio on July 31 was at 0.53 times, supported by high cash balances (including deposits and short-term funds) of RM1.7 billion. The board of directors has declared a third interim dividend of JAYA: Eco

Iskandar Malaysia. “Our Eco Business Parks and Quantum pillars collectively re corded RM1.24 billion sales in 10 months of FY25, the highest ever achieved by the group under the industrial segment. Sales were underpinned by three major industrial land deals during the year in Eco Business Park I and Eco Business Park II in Iskandar Malaysia, as well as Eco Business Park V in the Klang Valley which contributed a cumulative sum sold of RM1.08 billion. “Our ready-built factories and smaller plots of industrial land also continue to be well-taken up at our business parks in both these regions,” he said. The industrial segment of the group’s business, which has been growing from strength to strength since FY21, is set to expand with the upcoming launch of the group’s sixth business park, Eco Business Park VII (EBP VII), scheduled to take place before the end of the year. EBP VII is located on 1,195 acres of land within the Malaysian Vision Valley 2.0 (MVV2) economic corridor in Negeri Sembilan and is jointly developed with SD Guthrie Bhd and NS Corporation. Bangladesh head David Hägerbro said, “Malaysia is uniquely positioned to become a leading AI nation, powered by its world-class 5G network, growing data centre invest ments, and advanced cloud infra structure. But technology alone is not enough. The government workforce is a critical driver of this ambition. That is why Ericsson is proud to collaborate with DNB on this programme, equipping public sector employees with the skills to turn Malaysia’s digital vision into reality.” In its first phase, the initiative will focus on city and municipal councils, enabling frontline public servants to implement digital-first strategies aligned with national priorities. DNB CEO Datuk Azman Ismail said: “These partnerships reflect our commitment to building a future ready Malaysia. By combining the strengths of global technology leaders and local institutions, we are laying the foundation for AI-powered cities, inclusive digital ecosystems, and a skilled public sector. Together, we are not just imagining the future – we are building it.” This initiative builds on the ongoing strategic partnership be tween DNB and Ericsson to deliver a world-class 5G infrastructure across Malaysia, while complementing existing skilling programmes for uni versity students. Together, these efforts strengthen Malaysia’s journey towards a digitally empowered economy and society.

o Amount reaches RM3.84 billion, topping full-year projection of RM3.5 billion

strong uptick in demand for SWNK Houze @ Bukit Bintang City Centre (BBCC) with RM174 million sales achieved. “This validates the positive impact of the numerous value creation initiatives unveiled this year which include TUAH 1895, immersify KL at The Labs @ BBCC as well as the new Mitsui Outlet Park @ LaLaport shopping mall. “Apart from driving current sales, the success of these place making investments in attracting new customers and increasingly more prospective purchasers, both local and foreign, bodes well for future launches of the remaining phases of BBCC. Commercial units under Eco Hubs contributed 14% or RM525 million to the group’s YTD sales,” said Chang. Nearly a third of commercial units sold are attached to our duduk parcels, namely Riang Square, Se.Duduk Square, Sa.Young Square, Sa.Young2 Square and Santai Square across the Klang Valley and

2 sen per share in Q3’25, bringing total YTD dividends declared to 5 sen for FY25. EcoWorld president and CEO Datuk Chang Khim Wah said the company has exceeded its FY25 sales target of RM3.5 billion, with RM3.84 billion achieved in 10 months of the financial year. “Our projects in Iskandar Malaysia remain the largest contributors to the group’s YTD sales with RM1.99 billion achieved, followed by the Klang Valley at RM1.47 billion and Penang at RM378 million. The residential segment continues to anchor the group’s performance, contributing RM2.08 billion up to Aug 31, 2025. Sales of landed residential homes under our Eco Townships have exceeded the group’s full year sales in FY24 with RM1.39 billion recorded in 10 months,” he added. Chang said their popular duduk apartments remain the largest contributor to sales under Eco Rise. However, they have also seen a

DNB, Ericsson introduce 5G, AI advanced tech training for municipal, government employees

PETALING JAYA: Digital Nasional Bhd (DNB) and Ericsson have launched the DNB-Ericsson Educate 21st Century Technologies Pro gramme, a large-scale upskilling initiative to equip 40,000 Malaysian municipal and government em ployees with practical knowledge in 5G, artificial intelligence (AI), Internet of Things (IoT) and auto mation. Offered free of charge, the programme is designed to build up Malaysia’s digital capabilities and play a pivotal role in advancing the

and communication technology skills to design and implement inclusive digital strategies, ini tiatives, and public services that benefit Malaysians. Delivered via an interactive, mobile-friendly online platform, it offers short, self-paced modules built on Ericsson’s global expertise in next-generation technologies. A key feature is the “Connected City” simulation, which immerses parti cipants in solving real-world urban connectivity challenges. Ericsson Malaysia, Sri Lanka and

country’s ambitions for a world-class digital economy, enabling a more connected, efficient and future ready public sector for the delivery of its services. It directly supports Malaysia’s ambition to become a leading AI driven nation by 2030, as outlined in the 13th Malaysia Plan, while also advancing the country’s broader smart city and digital transformation goals. The programme aims to equip municipal and government em ployees with essential information

From left: Azman, Digital Minister Gobind Singh Deo, Digital Ministry secretary-general Fabian Bigar and Hagerbro at the signing of an MoU between Digital Nasional and Ericsson on the 21st Century Technologies Education Programme