Dr M: Govt aiming to have new national car company

Dr M: Govt aiming to have new national car company

Dr M: Govt aiming to have new national car company TOKYO (11 Jun 2018): The new Government aims to have a new national car company now that Proton has been bought over by China’s Geely. Speaking during a dialogue at the 24th Nikkei Conference on the Future of Asia, Prime Minister Tun Dr Mahathir Mohamad said now that Proton was owned by Geely, it was no longer considered a national car. We are thinking of starting another national car - maybe with an Asian country,” he said here on Monday (June 11). Pressed on the country in mind, Dr Mahathir said: “Maybe Thailand, South Korea or even Japan.” [Source: "Dr M: Govt aiming to have new national car company" published by theStarOnline/Star Media Group Berhad]...
Read More
New Joint Venture Set To Boost Tech-Transformation In Sarawak

New Joint Venture Set To Boost Tech-Transformation In Sarawak

New joint venture set to boost tech-transformation in S’wak KUCHING (1 July 2018): Sarawak will see about US$25 million (over RM100 million) in investment following the setting up of Andasar Bhd, a locally-incorporated consortium. Figure 1: Uzlov with the ‘uprail’ model, featured during a recent exhibition. The company, a joint venture (JV) between MHN Ventures Sdb Bhd of Sarawak and Adgex Ltd, which is a public-listed company from Australia that is looking into turning Sarawak as its regional base for Asean. Andasar, through expertise from Adgex, is looking at transferring four of its core technologies here — the ‘Uprail’ high-speed rail transportation system, the ‘Upline’ elevated pipeline system, the ‘greenBLAZE’ waste to energy system, and the ‘energyBrick’ electricity storage system. According to Adgex managing director Victor Uzlov, Andasar is looking at setting up its base in Sama Jaya Industrial and set up its local manufacturing and fabrication plant there, together with other facilities such as training and local management. “We look forward to participating and adding...
Read More
Serba Dinamik Hits Record High of RM3.89

Serba Dinamik Hits Record High of RM3.89

Serba Dinamik hits record high of RM3.89 KUALA LUMPUR(July 26): Shares in Serba Dinamik Holdings Bhd hit a record high of RM3.89 this morning—its highest level since the group’s listing on Bursa Malaysia in February last year. Its share price of RM3.89 was 2.4% higher compared to its last closing price of RM3.80, and more than double of its initial public offering price of RM1.50. Last week, the group announced its first venture into Laos. The group had secured an engineering, procurement, construction and commissioning (EPCC) contract to build two hydro power plants in Laos, which will have the capacity to generate 30 megawatt (MW) of electricity for US$66.2 million, equivalent to RM268.8 million. The contract was awarded by Nam Taep 1,2,3 Hydropower Co Ltd to its wholly-owned subsidiary Serba Dinamik International Ltd, which is valid throughout the next 43 months or 3.6 years. The group also announced last week that Serba Dinamik International has proposed to subscribe for 51.81 million of new shares, equivalent...
Read More
Usahawan muda digalak sertai ‘crowdfunding’

Usahawan muda digalak sertai ‘crowdfunding’

Usahawan muda digalak sertai ‘crowdfunding’ SIBU (18 May 2018): Usahawan muda digalakkan merebut peluang untuk menyertai pendanaan orang ramai atau ‘ crowd funding’ untuk memulakan perniagaan mereka dalam industri kecil dan sederhana (IKS). Presiden Jawatankuasa Usahawan Muda Dewan Perniagaan dan Perindustrian Cina (SCCCI) Dr Renco Yong berkata, usahawan muda dapat meningkatkan modal yang diperlukan daripada orang ramai. Gambar 1: REBUT PELUANG: (Dari kiri) Ting, Hii, Kueh dan Renco merakam kenangan selepas majlis penyerahan lesen pembiayaan di Babyland Cute House, Jalan Oya di Sibu, kelmarin. — Utusan Borneo (Sarawak) “Melalui pendanaan orang ramai, usahawan muda dapat meningkatkan modal yang diperlukan bergantung kepada keperluan mereka untuk membangunkan perniagaan mereka,” jelasnya. Menurut Renco, pendanaan orang ramai semakin popular di negara Singapura dan China dan mula dikenali ramai di Malaysia sejak kebelakangan ini. “Sudah tiba masanya kita memanfaatkan teknologi ini sebagai platform untuk menjalankan perniagaan dalam era globalisasi,” ujarnya kepada pemberita, kelmarin. Terdahulu Renco menyaksikan majlis penyerahan lesen pembiayaan orang ramai daripada wakil Alixco P2P Financing Ting Giek kepada Kueh Sui...
Read More