04/07/2026

BIZ & FINANCE SATURDAY | JULY 4, 2026

15

TOP SHOTS OF THE WEEK

A REAL HONOUR ... The Asia Records recently honoured The Roof Realty with two prestigious titles in recognition of its exceptional performance in 2025, reaffirming the company’s position as one of Malaysia’s leading real estate agencies. The Roof Realty was presented with The Asia Records awards for ‘Top Performing Million-Earner Agents in 2025’ and ‘Highest Transaction Volume & Value in 2025’. The Asia Records founder and CEO Datuk KK Chua (left) presenting the award to The Roof Realty founder Datuk Wira Dr NIcholas Yap.

PAAB MAKES HISTORY ... Pengurusan Aset Air Bhd (PAAB), wholly owned by Minister of Finance (Incorporated), on Tuesday launched its Sustainable Islamic Finance Framework, marking three national milestones. The framework is Malaysia’s first to incorporate blue finance, the first to receive a Platinum Rated Framework certification, and the country’s first sustainable Islamic finance framework. Finance Minister II Datuk Seri Amir Hamzah Azizan (centre) and PAAB chairman Datuk Seri Jaseni Maidinsa (third, right) pose for a group photo after the launch of PAAB Sustainable Islamic Financing Framework at Menara Felda in Kuala Lumpur. Also present are PAAB CEO Zulkiflee Omar (third, left), Maybank Group CEO of global banking Datuk John Chong (second, left) and RAM Holdings Bhd group CEO and executive director Chris Lee (right). – BERNAMAPIC

NEW LISTING ... RT Pastry Holdings Bhd made its debut on the ACE Market of Bursa Malaysia on Monday, opening at 17.5 sen, a 0.5 sen discount to its initial public offering (IPO) price of 18 sen, and closing its first day of trading at 16 sen. COO Tia Yu Hoo said the pastry and bakery products company plans to channel its IPO proceeds into expansion in the East Coast. Non-independent non-executive chairman Leou Thiam Lai (fourth, left) and group CEO Lu Chun Neng (fourth, right) with other directors and representatives at the company’s listing ceremony. – BERNAMAPIC

JOHOR PLANT OPENS ... Vertiv, a global leader in critical digital infrastructure, on Wednesday announced the official opening of its 236,000 sq ft manufacturing facility in Johor, expanding the company’s manufacturing footprint to support growing demand for AI and high-density computing infrastructure across Asia, including Southeast Asia, North Asia, Australia and New Zealand.. – BERNAMAPIC

CHAMPIONING CSR ... Cuckoo International (MAL) Bhd (Cuckoo Malaysia) has consolidated its corporate social responsibility (CSR) initiatives under a new master blueprint, the ‘Cuckoo Loves, Cares Project’, while introducing the RM100,000 Cuckoo Dream Fund to support the development of young local creative talents. The creative grant offers up to RM10,000 per project alongside industry mentorship for Malaysian creators aged 15 to 30. At the launch of th Cuckoo Dream Fund are, from left, Cuckoo brand ambassador Phei Yong, Cuckoo Malaysia chief marketing officer Queenie Goh, executive director and CEO Hoe Kian Choon, Cuckoo brand ambassador Datuk Seri Siti Nurhaliza Tarudin and Cuckoo CSR Friend Firdhaus.

40TH ANNIVERSARY DO ... The Malaysian Gas Association (MGA) held its 40th annual general meeting and launched its 40th anniversary celebration on Monday. The event brought together MGA members, industry leaders and policymakers to commemorate four decades of collaboration while looking ahead to the future of Malaysia’s energy system. Established in 1986, MGA has grown into Malaysia’s leading gas industry association, representing 158 corporate members across the gas value chain, from upstream activities to end consumers. MGA president Abdul Aziz Othman (fourth left), who is also the CEO of Petronas Gas Bhd, launching the 40th anniversary celebration in conjunction with the association’s AGM. – BERNAMAPIC