The Exchange Asia

The Exchange Asia Connecting You Across Asia, One Post At A Time

Sabah Electricity Appoints Saadiah Aziz As New ChairpersonSabah Electricity Sdn Bhd (SESB) has named Saadiah Aziz as its...
04/08/2025

Sabah Electricity Appoints Saadiah Aziz As New Chairperson

Sabah Electricity Sdn Bhd (SESB) has named Saadiah Aziz as its new chairperson, effective July 31, 2025. She succeeds Datuk Seri Wilfred Madius Tangau.

Saadiah, 49, brings over 24 years of experience in project management, stakeholder engagement, and capital markets. She previously served as Senior Vice President at Khazanah Nasional Berhad, where she played a key role in the Government Linked Companies Transformation Programme (2005–2015) and various national initiatives.

Click link in bio for full story







Cypark Subsidiary Secures Approval To Develop 1.5MW Biogas Plant In JohorCypark Resources Bhd’s 51%-owned indirect subsi...
04/08/2025

Cypark Subsidiary Secures Approval To Develop 1.5MW Biogas Plant In Johor

Cypark Resources Bhd’s 51%-owned indirect subsidiary, Reviva BACRE (Ulu Remis) Sdn Bhd, has received approval from the Sustainable Energy Development Authority (SEDA) to develop a 1.5-megawatt (MW) biogas plant in Layang-Layang, Johor.

The approval was granted under SEDA’s 2025 Feed-in Tariff (FiT) e-bidding programme.

Click link in bio for full story



Govt To Set Aside RM1.4 Billion For Oil Palm Replanting Under 13MP – JohariThe government plans to allocate RM1.4 billio...
04/08/2025

Govt To Set Aside RM1.4 Billion For Oil Palm Replanting Under 13MP – Johari

The government plans to allocate RM1.4 billion in stages over five years to support oil palm smallholders in replanting old and less productive trees under the 13th Malaysia Plan (13MP), said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani

He said this is part of a broader strategy to sustain the palm oil industry and boost productivity.

Click link in bio for full story



Construction Demand Could Hit $53 Billion In 2025, Boosted By Housing, Changi T5, And MBS ExpansionSingapore’s construct...
03/08/2025

Construction Demand Could Hit $53 Billion In 2025, Boosted By Housing, Changi T5, And MBS Expansion

Singapore’s construction sector is poised for a strong performance in 2025, with total demand projected to hit between S$32 billion and S$53 billion, fuelled by a surge in public housing developments and major infrastructure projects such as Changi Airport Terminal 5 and the Marina Bay Sands (MBS) expansion.

The Building and Construction Authority (BCA) shared the forecast in its latest industry outlook, citing resilient public sector demand and a steady pipeline of private residential and commercial developments.

Click link in bio for full story




Penang Unveils RM296 Million ‘GBS By The Sea’ Project At Technoplex, Bayan LepasAugust 3, 2025GEORGE TOWN, Penang has st...
03/08/2025

Penang Unveils RM296 Million ‘GBS By The Sea’ Project At Technoplex, Bayan Lepas
August 3, 2025
GEORGE TOWN, Penang has strengthened its position as a global hub for business and technology with the official launch of “GBS By The Sea,” a landmark RM296 million development located at Technoplex in Bayan Lepas.

Penang Chief Minister Chow Kon Yeow described the project as a bold move that underscores the state’s shift toward a knowledge-based and innovation-driven economy. Spanning 290,000 square feet, GBS By The Sea is the fourth initiative under Penang’s Global Business Services (GBS) programme.

Click link in bio for full story




French Backing Secured For Greater Bandung LRT ProjectIndonesia and France have agreed to jointly develop a light rail t...
03/08/2025

French Backing Secured For Greater Bandung LRT Project

Indonesia and France have agreed to jointly develop a light rail transit (LRT) system in Greater Bandung, West Java, as part of a wider effort to deepen bilateral cooperation in the transportation sector.

The agreement was announced by Indonesia’s Transportation Minister Dudy Purwagandhi following a meeting with his French counterpart, Philippe Tabarot, in Paris. The meeting coincided with the 75th anniversary of diplomatic relations between the two countries.

Click link in bio for full story




Sapura Energy Rebrands To Vantris Energy As Part Of PN17 Recovery EffortSapura Energy Bhd has officially rebranded as Va...
03/08/2025

Sapura Energy Rebrands To Vantris Energy As Part Of PN17 Recovery Effort

Sapura Energy Bhd has officially rebranded as Vantris Energy Bhd, marking a significant step in its turnaround journey. The name change took effect on Friday (Aug 1), following shareholder approval at an extraordinary general meeting (EGM) held on Wednesday.

The rebranding comes as the financially distressed oil and gas services provider begins implementing its long-awaited regularisation plan aimed at exiting Practice Note 17 (PN17) status. Bursa Malaysia approved the plan in June, and it was endorsed by shareholders in a separate EGM on the same day.

Click link in bio for full story




RM1 Billion Money Laundering Case: 4 Law Firms Linked To Seized Properties, 2 WarnedThe Ministry of Law (MinLaw) has nam...
03/08/2025

RM1 Billion Money Laundering Case: 4 Law Firms Linked To Seized Properties, 2 Warned

The Ministry of Law (MinLaw) has named four law firms found to have breached anti-money laundering rules in connection with the purchase of properties tied to the S$3 billion (US$2.3 billion) money laundering case.

In a statement on Friday (Aug 1), MinLaw said it had completed regulatory actions against Anthony Law Corporation, Fortis Law Corporation, Legal Solutions LLC, and Malkin & Maxwell LLP. These firms were involved in the conveyancing—the legal process of transferring property ownership—of real estate seized during the major anti-money laundering operation in August 2023.

Click link in bio for full story




TSA Group Enters Granite Quarrying Sector Via ABR Tie-UpTSA Group Bhd is making its foray into the granite quarrying ind...
03/08/2025

TSA Group Enters Granite Quarrying Sector Via ABR Tie-Up

TSA Group Bhd is making its foray into the granite quarrying industry through a strategic partnership with ABR Group Sdn Bhd, marking a significant diversification move for the company.

In a filing with Bursa Malaysia today, TSA Group said it had entered into a joint venture agreement with ABR Group to develop and operate a granite quarry located in Johor. The project, covering an area of approximately 150 acres, is expected to begin operations by the first quarter of 2026, subject to regulatory approvals.

Click link in bio for full story




Microsoft Joins The $4 Trillion ClubMicrosoft has officially joined the $4 trillion valuation club, becoming the second ...
03/08/2025

Microsoft Joins The $4 Trillion Club

Microsoft has officially joined the $4 trillion valuation club, becoming the second company in history to reach the milestone. Its shares surged nearly 4.5% on Thursday following a strong quarterly earnings report the night before, pushing its intraday market cap to $4.01 trillion. The tech giant’s stock has climbed about 28% since the beginning of the year.

The milestone comes just 18 months after Microsoft hit a $3 trillion valuation, and just over five years since crossing the $1 trillion mark in April 2019. Microsoft now follows chipmaker Nvidia, which became the first company to reach a $4 trillion market cap earlier in July. Apple, another major tech rival, currently holds a valuation of $3.12 trillion.

Click link in bio for full story




RHB Signs RM1.62 Billion Insurance And Takaful Agreements With Tokio Marine And Takaful MalaysiaRHB Bank Bhd has signed ...
03/08/2025

RHB Signs RM1.62 Billion Insurance And Takaful Agreements With Tokio Marine And Takaful Malaysia

RHB Bank Bhd has signed exclusive 20-year bancassurance and bancatakaful agreements with Tokio Marine Life Insurance Malaysia Bhd and Takaful Malaysia, in deals valued at up to RM1.62 billion.

Under the agreements, RHB Bank will serve as the exclusive distributor of Tokio Marine Life’s conventional life insurance products. Meanwhile, its wholly owned subsidiary, RHB Islamic Bank Bhd, will distribute family and general takaful products offered by Syarikat Takaful Malaysia Keluarga Bhd (STMKB) and its subsidiary, Syarikat Takaful Malaysia Am Bhd.

Click link in bio for full story





Hong Kong Regulator Accepts China Mobile’s Commitments For HKBN AcquisitionHong Kong’s competition watchdog has accepted...
03/08/2025

Hong Kong Regulator Accepts China Mobile’s Commitments For HKBN Acquisition

Hong Kong’s competition watchdog has accepted a set of commitments from China Mobile Hong Kong (CMHK) regarding its proposed acquisition of broadband provider HKBN Ltd, effectively allowing the merger to move forward without further investigation.

Announced in December, the deal underwent a review by the Communications Authority under the Competition Ordinance due to concerns over its potential impact on market competition—particularly within the fixed local access network segment.

Click link in bio for full story





Address

T3-15-11, 3 Towers Corporate Tower. 296
Ampang
50450

Telephone

+60320702071

Website

http://Theexchangeasia.com/nominate-now

Alerts

Be the first to know and let us send you an email when The Exchange Asia posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category