18/7/2026

BIZ & FINANCE SATURDAY | JULY 18, 2026

15

TOP SHOTS OF THE WEEK

DOUBLE WINNER ... Asia Digital Engineering (ADE), the maintenance, repair and overhaul subsidiary of Capital A, was honoured with two prestigious accolades at the MAIA President’s Award 2026 held in Kuala Lumpur recently. ADE was recognised with the Leadership Competencies and Development Award under the Corporate Categories. In the individual categories, ADE CEO Mahesh Kumar received the Aerospace Premiership Award. From left: Malaysia Aerospace Industry Association (MAIA) president Naguib Mohd Nor, Investment, Trade and Industry Deputy Minister Sim Tze Tzin and ADE head of digital and innovation services Adnan Mansur.

DIGITAL ACADEMY LAUNCH ... The Ministry of Digital on Monday launched the Korea-Asean Digital Academy (Kada), with Malaysia Digital Economy Corporation (MDEC) coordinating the programme’s implementation in Malaysia. Kada is a strategic collaboration between Malaysia and South Korea to develop future-ready AI talent through industry-aligned training programmes. From left: Universiti Teknologi Masa (UiTM) deputy vice-chancellor (academic and international), and acting deputy vice-chancellor (student affairs) Professor Dr Yamin Yasin, MDEC CEO Anuar Fariz Fadzil, South Korea ambassador to Malaysia Yeo Seung-Bae, National IT Industry Promotion Agency executive vice-president Kim Deuk-Jung and UiTM Faculty of Computer and Mathematical Sciences dean Associate Professor Dr Norjansalika Janom.

HEALTHY LIVING PROMOTION ... Nitori Malaysia and Alpro Group have entered into a strategic collaboration under the shared theme of Healthy Living Starts at Home , combining Nitori’s expertise in supportive living environments with Alpro’s focus on preventive healthcare and community wellness. Japan’s Nitori is one of Asia’s leading home furnishing and lifestyle retailers while Alpro Group is one of Malaysia’s leading integrated healthcare groups. At the symbolic launch to promote better sleep and healthier living are (from left) Alpro Group chief pharmacist and customer engagement director Lim En Ni and procurement director Wong Wen Jun, Nitori Malaysia country store manager Maezawa Yuta and Nitori Asean marketing and e-commerce manager Wada Tsutomu.

AWARD-WINNING INITIATIVE ... Liberty General Insurance Bhd won recognition for Digital Insurance Initiative of the Year - Malaysia at the Insurance Asia Awards 2026, recognising the company’s digital transformation through the successful development of its proprietary in-house insurance platform, designed to deliver a faster, more seamless and customer-centric insurance experience. The platform delivers a seamless, mobile-first experience that enables customers to obtain quotations, purchase and renew motor insurance within minutes. From left: KPMG Singapore head of insurance Steven Goh; Liberty General Insurance vice-president, digital, Thinagaran Ramasamy; specialist, digital, Sabri Abd Rahman and specialist, digital and enterprise solutions Nasri Abdul Hamid.

UNDERWRITING AGREEMENT ... United Asiapac Energy Bhd, a provider of specialised well intervention solutions to Malaysia’s upstream oil and gas industry, has entered into an underwriting agreement with TA Securities Holdings Bhd in conjunction with the company’s listing on the ACE Market of Bursa Malaysia Securities. United Asiapac Energy will undertake an initial public offering involving an issuance of 139.22 million new ordinary shares, with TA Securities underwriting 37.5 million issue Shares. From left: United Asiapac Energy executive director Datuk Mat Noor Nawi and managing director Ahmad Fadzuli Ali; TA Securities Holdings executive director Tah Heong Beng, head of corporate finance Dominic Seah and senior vice-president of corporate finance Wong Chan Han.

ISLAMIC SOCIAL FINANCE ... Securities Commission Malaysia (SC) chairman Datuk Mohammad Faiz Azmi (left) and SC’s executive director of Islamic capital market Sharifatul Hanizah Said Ali launching two new compilations of the 40 Hadiths book series, namely on Islamic social finance and social governance at the 4th SC Nadwah of Shariah Advisers event on Tuesday at the SC. These publications provide practical insights into the syariah foundations of Islamic social finance and governance, supporting the advancement of Maqasid al-Shariah and a more ethical, responsible and value-driven Islamic capital market.