22/08/2026

BIZ & FINANCE

BIZ & FINANCE SATURDAY | AUG 22, 2026

15

TOP SHOTS OF THE WEEK

LET’S TEAM UP ... DPS Resources Bhd’s wholly owned subsidiaries DPS Energy Sdn Bhd and Shantawood Sdn Bhd recently entered into a memorandum of understanding (MoU) with CEIG (M) Sdn Bhd, a subsidiary of China Energy International Group Co Ltd (CEEC), a China state-owned and Fortune 500 company, to explore opportunities relating to the development, design, construction, promotion and marketing of data centres and related energy infrastructure across DPS’s proposed project sites in Malacca, namely the Lendu Project Site and the Bukit Rambai Project Site. DPS Resources founder and group chairman Tan Sri Dr Sow Chin Chuan (left) and CEEC country managing director Ding Qian at the MoU signing .

VISITING FELLOWSHIP ... The Tan Sri Dr Lim Wee Chai Visiting Fellowship at the Oxford Centre for Islamic Studies in Oxford, United Kingdom, was officially launched in Shah Alam on Tuesday. Made possible through an endowment valued at £1.8 million by Lim, who is the founder and executive chairman of Top Glove Corporation Bhd, the fellowship supports independent research in subjects across the various divisions of the University of Oxford in the humanities, social sciences and sciences, and will be awarded annually to an international researcher for a tenure of up to one academic year at University of Oxford. From left: Top Glove joint managing director Lim Jin Feng, assistant manager marketing Andrea Ang and co-founder Puan Sri Tong Siew Bee; Universiti Malaya board of directors chairman Tan Sri Zarinah Anwar; Lim Wee Chai; Dewan Rakyat Speaker Tan Sri Dr Johari Abdul; Higher Education Minister Datuk Seri Dr Zambry Abd Kadir; and Oxford Centre for Islamic Studies director Dr Farhan Nizami and Fellow Datuk Dr Afifi al-Akiti.

ESG CONFERENCE ... CGS International Securities Malaysia Sdn Bhd on Tuesday brought together policymakers, corporate leaders, institutional investors, and industry specialists at its 4th ESG and Sustainability Conference. The event, themed “Empowering Sustainable Generations”, examined how demographic shifts, rising healthcare costs, and energy transitions are fundamentally reshaping Malaysia’s sustainability agenda. It placed significant emphasis on the social pillar of environmental, social and governance criteria and its direct relevance to the financial and economic stability of Malaysians. From left: CGS International Securities Malaysia country head Alan Inn, Bursa Malaysia CEO Datuk Fad’l Mohamed, CGS International Securitirs Malaysia CEO Khairi Shahrin Arief Baki and CGS International group head of sustainability Kevin Lee.

CROSS-BORDER COLLABORATION ... Affin Group and Baiduri Bank, Brunei’s largest conventional bank and a member of Baiduri Bank Group, one of the country’s largest providers of financial products and services, recently signed a memorandum of understanding to expand banking cooperation between Malaysia and Brunei and broaden business opportunities for customers in both markets. The MoU was signed by Affin Group president and group CEO Datuk Wan Razly Abdullah (second, left) and Baiduri Bank CEO Ti Eng Hui (second, right), witnessed by Baiduri Bank head of institutional banking Ak Nor Muhammad Nizam Pg Tengah (right) and Affin Hwang Investment Bank Bhd chairman Hasli Hashim.

VITAL COMPONENT ... EP Manufacturing Bhd, an automotive solutions provider, on Tuesday marked the official opening of its new chassis component assembly facility under Peps Sanly JV Sdn Bhd, the company’s joint venture with Sanly Auto Parts Co Ltd. Located in the Automotive High Technology Valley, Tanjong Malim, the facility will produce critical components for select Proton models. From left: EP Manufacturing executive director and Peps Sanly JV director Aidan Hamidon, Invest Perak acting CEO Dr Ahmad Shahir Abd Aziz, Sanly Auto Parts Co Ltd and Peps Sanly JV director Ji Xiantao, Perak State Tourism, Industry, Investment and Corridor Development Committee chairman Loh Sze Yee, EP Manufacturing executive chairman and Peps Sanly JV director Hamidon Abdullah, and Proton strategic projects division vice-president Ainol Azmil and group technical procurement head Luo Peng.

ACE MARKET-BOUND ... Coffee and tea extract powder blends manufacturer Butterfield FB Bhd on Tuesday launched the prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities. Butterfield is headquartered in Bukit Minyak, Penang. A total of RM72 million is expected to be raised atan IPO price of 48 sen per share. From left: Butterfield executive directors Lee Chan Hua and Yeap Chin Loon; Lee Mong Khai; Butterfield independent non-executive chairman Datuk Seri Lee Kah Choon; non-independent non-executive deputy chairman Yeap Kim Siew; M&A Equity Holdings Bhd managing director Datuk Bill Tan Choon Peow; and M&A Securities head of corporate finance Gary Ting Hua Tai at the prospectus launch.