18/10/2025

BIZ & FINANCE SATURDAY | OCT 18, 2025

15

TOP SHOTS

FUELLING SAVINGS ... CIMB Bank and Petronas Dagangan Bhd have collaborated to launch the CIMB Petronas Visa Debit Card that offers savings via cashback on fuel and car-related expenses. Marking the launch on Thursday are, from left, Petronas Dagangan loyalty, customer lifecycle management and partnership senior manager M Razak A Hamid and marketing strategy and communication general manager Cheok Yen Kwan; and CIMB head of consumer banking Malaysia Daniel Cheong and head of consumer marcomm and activation Suraiya Abdul Samad.

ENERGY AWARDS ... Cenergi SEA Bhd, a subsidiary of UEM Lestra Bhd, has secured two prestigious awards under the Renewable Energy - On Grid (National Grid) category at the Asean Energy Awards 2025. Deputy Prime Minister and Minister of Energy Transition and Water Transformation Datuk Fadillah Yusof (left) presented the awards to Cenergi SEA Group CEO Kwok Yew Hoe during a ceremony on the sidelines of the 43rd Asean Ministers on Energy Meeting and the 25th Asean Energy Business Forum at the Kuala Lumpur Convention Centre on Thursday.

INNOVATION ROUNDTABLE ... In conjunction with Malaysia’s Asean chairmanship, Sirim Bhd on Wednesday hosted the Asean Technopreneurship Innovation Roundtable and Workshop at its headquarters in Shah Alam. The session, chaired by Sirim acting president and group CEO Nik Sazali Nik Hussin, brought together key regional leaders to address productivity challenges faced by MSMEs and to strengthen Asean’s position as a global innovation hub. From left: Cambodian embassy commercial attache Vith Panhnha; Ministry of Science, Technology and Innovation technology transfer and R&D commercialisation division secretary Boniface Anak Edwin Manung; Nik Sazali; Ministry of Investment, Trade and Industry senior director of bilateral economic and trade relations Dr Rashidi Said; Singapore High Commission regional director enterprise Eugene Tan; Thai embassy minister counsellor (commercial) Worawan Wanwil, Vietnamese embassy first secretary Ngo Quang Hung; and Timor Leste embassy education attache Hernani Viterbo Soares.

NEW LEASE OF LIFE ... AmanahRaya Real Estate Investment Trust (AmanahRaya REIT) has entered into a tenancy agreement with Urban Collection Sdn Bhd, a subsidiary of Oriental Interest Bhd, for the lease and operation of the former Holiday Villa Alor Setar, a 21-storey hospitality asset located within the City Plaza development in Alor Setar, Kedah. At the signing ceremony on Wednesday are, from left, Pacific Trustees Bhd CEO Mohd Radzuan Ahmad Tajuddin, AmanahRaya-Kenedix REIT Manager Sdn Bhd managing director Datuk Mohd Iskandar Dzulkarnain Ramli, Alor Setar Mayor Datuk Abdul Gafar Yahya, Urban Collection CEO Khoh Why Way and AmanahRaya-Kenedix REIT Manager chairman Datuk Mohd Radzif Mohd Yunus.

PRIVATE CREDIT FUND ... Tradeview Capital, a boutique fund management company licensed by the Securities Commission Malaysia and Funding Societies Malaysia, Southeast Asia’s largest unified SME digital finance platform, on Thursday launched the Tradeview Funding Societies Income Fund, a wholesale private credit fund designed to strengthen Malaysia’s economy by channelling capital to SMEs while offering investors stable, low-volatility income. From left: Funding Societies group CEO and co-founder Kelvin Teo, Funding Societies Malaysia group COO and co-founder Wong Kah Meng, Funding Societies Malaysia country head Chai Kien Poon, Tradeview Capital chief investment officer Nixon Wong and founder and CEO Ng Zhu Hann.

GROUNDBREAKING MILESTONE ... Paragon Urban Sdn Bhd, a member company of Joland Group, marked another significant milestone with the groundbreaking ceremony of Paragon Signature Suites Johor Bahru, which has an estimated gross development value of RM291 million, and the signing ceremony for its homestay partnership with Aurum Stay Sdn Bhd. Joland Group executive director Datuk Seri Godwin Tan Pei Poh (left) and Aurum Stay director Ng Qi Lun at the signing ceremony in Johor Bahru on Thursday.