25/10/2025

BIZ & FINANCE SATURDAY | OCT 25, 2025

15

TOP SHOTS OF THE WEEK

UNDERWRITING PACT ... Polymer Link Holdings Bhd, a regional and international company specialising in manufacturing plastic powder and colour masterbatch for rotational moulding applications, has signed an underwriting agreement with Hong Leong Investment Bank Bhd in preparation for its upcoming listing on the ACE Market of Bursa Malaysia Securities. At the signing of the agreement are Polymer Link executive vice-chairman/president and group CEO Koh Song Heng (left) and Hong Leong Investment Bank Bhd group managing director and CEO Lee Jim Leng.

GLOMAC GLOWS ... Glomac Bhd, one of Malaysia’s most established and award-winning property developers, announced another year of reliable performance and shareholder rewards at its 41st annual general meeting on Thursday where shareholders approved a single-tier final dividend of 1.25 sen per ordinary share for the financial year ended April 30, 2025. From left: Independent non-executive directors Datuk Setia Haris Kasim and Mohd Razlan Mohamed, group managing director/CEO Datuk Seri Fateh Iskandar Mohamed Mansor, group non-executive chairman Tan Sri Mohamed Mansor Fateh Din, and independent non-executive directors Datuk Mohd Adzahar Abdul Wahid and Shan Choo.

BUDGET ROUNDTABLE ... Hong Leong Bank on Wednesday hosted a roundtable entitled ‘Decoding Budget 2026: What It Means for Malaysia’s Growth’ which gathered policymakers, industry leaders and economic experts to discuss the implications on Malaysia’s macroeconomic outlook and business landscape. From left: Hong Leong Islamic Bank CEO Dafinah Ahmed Hilmi, PwC Malaysia tax partner Ang Wei Liang, Hong Leong Bank economist, fixed income and economic research Choong Ying Pheng, Small and Medium Enterprises Association of Malaysia president Datuk William Ng and Taylor’s University Adjunct Professor Dr Ong Kian Ming.

STUNNING DEBUT ... THMY Holdings Bhd, an automated test solutions provider for electrical and electronic products, made its debut on the ACE Market of Bursa Malaysia Securities on Thursday. Its share price opened at 80 sen, representing a158.1% premium over the IPO of 31 sen. The stock closed at the day’s peak of 91 sen, 60 sen or 193.5% above the IPO price. From left: Affin Hwang Investment Bank Bhd chairman and independent non-executive director Hasli Hashim; THMY independent non-executive director Aw Ee Leng, executive director and chief operating officer Chew Yap Meng, executive director and COO Ooi Can Nix, independent non-executive chairman Daruk Dr Mohd Sofi Osman, independent non executive directors Datuk Cheok Lay Leng and Chua Hooi Luan; and Affin Hwang Investment Bank CEO Hanif Ghulam Mohammed.

DIGITAL LEAP ... Measat Global Bhd, Beijing Guodian High-Tech Technology Co Ltd (Guodian Gaoke) and China StarWin Science and Technology Co Ltd have formalised a tripartite strategic alliance to power Sarawak’s digital ambitions by delivering Tianqi Low Earth Orbit satellite-based Internet of Things services. The signing of the tripartite agreement took place at International Digital Economy Conference Sarawak 2025 in Kuching on Wednesday, witnessed by Sarawak Premier Datuk Patinggi Tan Sri Abang Abdul Rahman Zohari Abang Openg. From left: Guodian Gaoke COO Guo Zhongjia, Measat COO Yau Chyong Lim and StarWin chairman James Li.

BANKING ON VIETNAM ... Hong Leong Bank Bhd, the first Malaysian lender to operate in Vietnam, has entered into a strategic partnership with So Ban Hang, Vietnam’s leading business management app. The collaboration is driven by a shared vision to empower Vietnam’s young entrepreneurs and MSMEs, helping them not just to run their businesses, but to build lasting wealth. From left: Hong Leong Bank chief digital commercialisation officer Fred Lim; Hong Leong Bank Vietnam head of marketing and digital banking Barry Do, and general director Duong Duc Hung; and So Ban Hang CEO Bui Hai Nam, chief product officer Bui Hai Long, and chief marketing officer Do Duy Hai.