11/04/2026

BIZ & FINANCE SATURDAY | APR 11, 2026

15

TOP SHOTS OF THE WEEK

WHOLESOME PARTNERSHIP ... Carsome, Southeast Asia’s largest integrated car e-commerce platform, announced its strategic partnership with Putrajaya Corporation (PPj) by extending a one-year support for the newly introduced language programme for children in and around Putrajaya. Carsome’s contribution will support teachers’ allowances for the programme, which will run from April 11 to December. In addition, Carsome will also contribute petrol vouchers to 100 B40 recipients selected by PPj, to support families within the community. The strategic partnership was witnessed by Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh (centre) at Carsome’s newly launched Putrajaya showroom on Monday. Also present were PPj president Datuk Mohd Sakeri Abdul Kadir (second from left), PPj vice-president Nik Shukri Nik Soh, Carsome Group co-founder and CEO Eric Cheng (second from right) and Carsome Group co-founder and Carsome Academy CEO Teoh Jiun Ee (right).

WOMEN IN BIOTECH ... Malaysia and Australia have reaffirmed their commitment to strengthen women’s participation and leadership in science, technology and innovation, particularly in high-growth sectors such as biotechnology. This commitment was highlighted in conjunction with the inaugural Malaysia-Australia Women in Biotechnology Luncheon, jointly organised by Australia’s Commonwealth Scientific and Industrial Research Organisation and Malaysian Bioeconomy Development Corporation (Bioeconomy Corp), held in Putrajaya on Tuesday. Australian High Commission counsellor Lousia Richey (fifth from left), Ministry of Science, Technology and Innovation’s Strategic Technology and S&T Application Division undersecretary Aidawati Misdar (fifth from right), Bioeconomy Corp senior vice-president Industry Development Division Soeraya Satem Ahmad (third from right) together with panel speakers and moderators at the luncheon.

OVERSUBSCRIBED TWO TIMES ... Golden Destinations Group Bhd, a full-service outbound travel experience curator, which is set to debut on the ACE Market of Bursa Malaysia Securitie on April 16, announced on Wednesday that its share allocation to the Malaysian public from its initial public offering has been oversubscribed by 2.1 times. Golden Destinations’ IPO comprises a public issue of 200 million new ordinary shares. From left: Golden Destinations independent non-executive chairman Cheong Kee Yoong, executive director/chief corporate officer Lim Swee Chuan, managing director Mita Lim, chief operating officer Charles Lim and chief financial officer Emily Chan.

FOUR-AWARD FEAT ... Kenanga Investors Bhd has swept four accolades at the LSEG Lipper Fund Awards 2026. The firm was recognised across various categories, a testament to its continued outperformance. The LSEG Lipper Fund Awards highlight funds and fund companies that have delivered consistent, strong performance. From left: Xav Feng, Asia-Pacific research director, LSEG Lipper; Christopher Kok, head of equities, Kenanga Investors; Lee Sook Yee, chief investment officer; Mohd Faiz Hamsidi, fixed income fund manager; and Kuek Ser Kwang Zhe, Wealth editor, The Edge Malaysia.

ACE MARKET BOUND ... Inspace Creation Bhd, a provider of comprehensive interior fitting-out services, has signed an underwriting agreement with TA Securities Holdings Bhd to underwrite a total of 26.97 million new shares in preparation for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities. From left: Inspace Creation head of corporate affairs cum CFO Tan Beng Soon, executive directors Edward Cheong Han Bin and Wong Chong Siong, TA Securities Holdings Bhd executive director of operations Tah Heong Beng, head of corporate finance Ku Mun Fong and assistant vice-president Wilson Chiong Zhan Hua.

HIGH-TECH DETECTIVE ... Maxis Bhd has won the Digital - Telecommunications category at the Malaysia Technology Excellence Awards 2026 for its Fake BTS Detection Dashboard. The platform detects threats from unauthorised base transceiver stations, providing critical information that supports regulatory action. Maxis chief network officer Yap Chee Sun (third, left) receiving the award from Asian Business Review contributing editor Nick Atkinson (fourth, left), alongside other Maxis representatives. The awards were presented at a ceremony held in Kuala Lumpur on April 2.