24/06/2026

BIZ & FINANCE WEDNESDAY | JUNE 24, 2026

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Topmix, partners introduce MyRuma o Digital renovation platform launched in collaboration with RHB Bank, RHB Islamic and Setia Ecohill 2 has also introduced the Reno Playbook – Malaysia’s first renovation quality manual – to promote greater consistency and ensure that renovation works adhere to professional construction standards. Together, these initiatives decorative surface business with a high-growth, technology-driven platform designed to enhance transparency, accountability and confidence throughout the renovation journey. introduces a milestone-based payment framework to provide greater confidence and transparency throughout the renovation journey and to facilitate structured disbursements to verified professionals.

Aimed to address longstanding trust and reliability issues within the fragmented renovation industry, myRuma is built on four key pillars, namely financial assurance, quality governance, risk protection, and a verified professional network, to provide homeowners with a seamless and reliable renovation experience. As part of this digital innovation of the ecosystem, RHB Bank will offer tailored home and renovation financing solutions. The collaboration underscores RHB Bank’s commitment to supporting homeownership and lifestyle aspirations through innovative financing solutions that enhance confidence and transparency across the renovation value chain. This financial integration

Concurrently, the collaboration with leading property developer, SP Setia a marks myRuma’s strategic entry into the residential township segment through the developer’s flagship Setia EcoHill 2 development. The partnership is expected to broaden access to integrated home renovation solutions for homeowners, connecting them with a curated network of design-and-build professionals. Looking ahead, this collaboration provides a foundation for myRuma to scale its presence within established township communities, while supporting homeowners with a more seamless, transparent, and trusted renovation experience.

strengthen myRuma’s commitment to enhancing quality, accountability, and transparency throughout the renovation journey. Topmix managing director and myRuma CEO Teo Quek Siang said the group is honoured to have the support of RHB Bank, SP Setia and other ecosystem partners, whose complementary expertise forms the robust backbone of myRuma’s renovation ecosystem. “More than just a digital platform, myRuma brings together financing, quality assurance, risk protection and verified professionals under one integrated ecosystem to address the common challenges faced by homeowners in their renovation journey.”

KUALA LUMPUR: Topmix Bhd, a leading decorative surface solutions provider, launched myRuma, a digital renovation platform under its wholly owned subsidiary Luma International Sdn Bhd. Marking a significant milestone for this newly unveiled ecosystem, the launch also saw the strategic collaborations with RHB Bank Bhd and RHB Islamic Bank Bhd, and also Setia Ecohill 2 Sdn Bhd, a wholly owned subsidiary of SP Setia Bhd, which are expected to enhance Malaysia’s renovation landscape through integrated financing solutions and property market access. Setia EcoHill 2 divisional general manager Koh Sooi Meng said that, as a

developer focused on creating sustainable communities and enriching lifestyles, SP Setia is pleased to collaborate with myRuma to support homeowners at Setia EcoHill 2 by providing access to a more integrated and trusted renovation journey. “This collaboration complements our efforts to enhance the homeowner experience beyond property ownership, by connecting residents with reliable design-and-build professionals and solutions that promote greater transparency, quality and confidence,” he said.

The launch of myRuma marks a strategic expansion for Topmix, complementing its established core PublicInvest cautious on HE Group despite RM102m data centre deal In line with its commitment to raising industry standards, myRuma

KUALA LUMPUR: Public Investment Bank Bhd (PublicInvest) has adopted a cautious stance on HE Group Bhd’s outlook, as the research firm believes the recently bagged RM102 million data centre (DC) job in Johor has been largely priced in. The bank-backed research firm said that although the group’s maximum

continued involvement as a key subcontractor in Malaysia’s data centre build-out, leveraging its track record in electrical works for DC projects. The job commences on the date of acceptance and is targeted for completion by Sept 19, 2027, implying a project execution period of approximately 15 months.

commissioning of main electrical works for a data centre in Johor. HE Group’s client is a foreign-owned engineering, procurement and construction management (EPCM) company specialising in construction, civil engineering and offshore oil and gas. The contract marks HE Group’s

watchpoints, management continues to actively manage both exposures to safeguard margin resilience,“ PublicInvest said in a report. To recap, HE Group’s wholly owned subsidiary Hexatech Engineering Sdn Bhd had secured a subcontractor contract valued at RM102 million for the supply, installation, testing and

capacity stands at RM400 million, the firm expects it to retain some buffer to allow flexibility in work arrangements. “The newly established IT infrastructure arm will also need time to build its tender pipeline. “While talent retention amid rising competition for skilled professionals and copper price volatility remains key

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