20/09/2025

BIZ & FINANCE SATURDAY | SEPT 20, 2025

15

TOP SHOTS

ISLAMIC AI ... Zetrix AI Bhd is collaborating with the Department of Islamic Development Malaysia (Jakim) to develop a framework for syariah compliance, certification and governance in artificial intelligence (AI) and a platform to help Jakim issue rulings, halal certifications and advice. They also aim to set global standards for Islamic AI. Exchanging documents at a letter of intent signing ceremony in Johor Bahru on Sept 13 are Zetrix director Datuk Mohd Jimmy Wong Abdullah (front, left) and Jakim director-general Datuk Dr Sirajuddin Suhaimee. Witnessing the exchange are Prime Minister Datuk Seri Anwar Ibrahim (back, fourth from left) and (from left) Johor State Islamic Religious Affairs Committee chairman Mohd Fared Mohd Khalid, Johor State Secretary Datuk Asman Shah Abd Rahman, Johor Menteri Besar Datuk Onn Hafiz Ghazi and Minister in the Prime Minister’s Department (Religious Affairs) Datuk Setia Dr Mohd Na’im Mokhtar.

CAPITAL MARKET COOPERATION ... The Securities Commission Malaysia (SC) and the Financial Services Authority (FSA) of the Sultanate of Oman signed a two-year Joint Programme for Capital Market Development Cooperation aimed at promoting resilient, transparent, and innovative capital markets. It was signed by SC chairman Datuk Mohammad Faiz Azmi (left) and Oman FSA executive president Abdullah Salim Al-Salmi in Muscat on Sept 10.

FINANCING SUPPORT ... AmBank Group is providing financing facilities to Armani Hallson KLCC Sdn Bhd, a subsidiary of Armani Group, for Phase 1 of Armani Hallson KLCC - a premier residential project with gross development value of RM3 billion in Kuala Lumpur which was officially launched in August. At the signing of the financing agreement are (from left) AmBank Group head of commercial banking 1, business banking, Yeow Swee Yun and managing director of business banking Christopher Yap; Armani Group executive chairman Datuk Seri Wong Sze Chien; Magna Prima Bhd managing director Eddy Seah; Armani Group managing director Datuk Seri Azlan Azmi; AmBank Group senior vice-president of commercial banking 1, business banking Edmund Tay Kim Joo; and Armani Group deputy CEO Chris Yong.

MAIDEN WIN ... AIA Public Takaful Bhd was named ‘Best Takaful Company’ at the prestigious Global Islamic Finance Awards 2025 (GIFA 2025). The accolade marks the company’s first win at GIFA, a milestone that reflects its growing influence in the takaful landscape. AIA Public Takaful CEO Mohd Asri Omar (right) received the award on behalf of the company at a ceremony held on Sept 11 in Kuala Lumpur.

SMART GROCERY WAREHOUSE ... Jaya Grocer, Malaysia’s leading homegrown grocery retailer, is investing more than RM100 million in a new automated warehouse in Petaling Jaya, Selangor, that will introduce smarter technology and higher-skilled roles. The investment marks the company’s largest step into supply chain automation and is the first of its kind in Malaysia’s grocery retail sector. At a groundbreaking ceremony held on Wednesday are (from left) Jaya Grocer chairperson Adelene Foo, Selangor Menteri Besar Datuk Seri Amirudin Shari, Lam Soon Edible Oils Sdn Bhd executive director, sales and marketing Allan Khong and Jaya Grocer CEO Daniel Teng.

UNDERWRITING DEAL ... Farmiera Bhd, a poultry producer and distributor, has signed an underwriting agreement with Malacca Securities Sdn Bhd, the principal adviser, sponsor, underwriter and placement agent, in conjunction with its upcoming initial public offering and listing on the ACE Market of Bursa Malaysia Securities. From left: Farmiera executive director/deputy CEO Tan Kok Cheong, managing director/CEO Hong How Seng; Malacca Securities managing director Lim Chia Wei; and chief operating officer Dennis Jee Chin Chee.