KUALA LUMPUR, MALAYSIA, 25th June 2020 - TikTok, the leading destination for short-form mobile video, introduced TikTok for Business, a new global platform that aims to help brands tell their stories in a more creative and engaging way. With this new platform, brands and marketers in Malaysia can creatively connect with the broader communities around them and foster user discovery through TikTok.

KUALA LUMPUR, Malaysia – June 25, 2020 - Nutanix (NASDAQ: NTNX) a leader in enterprise cloud computing, announced a new Virtual Desktop Infrastructure (VDI) service to help promote telework adoption among Malaysia organizations. Nutanix ‘FastTrack for VDI’ brings together Nutanix HCI and software with selected partners to accelerate and optimise a VDI service in just a few weeks.

While Malaysia enters a recovery phase with the end of its national lockdown, remote working and social distancing continues to be a default. Yet, many businesses still struggle to enable their workforces to operate and function remotely, while maintaining access to the same tools and applications they require to be productive and efficient. Hence, there has been increased interest in the importance of VDI.

The pandemic has left us all in uncharted territory, affecting all sectors of work around the world. The expected global economic impact could amount to USD 8.8 trillion in losses expected as a result of the COVID-19 outbreak. The situation is similarly bleak in Malaysia, with losses close to RM 1 billion expected as a result of closed businesses during the Movement Control Order (MCO) and Conditional Movement Control Order (CMCO). As Malaysia enters its Recovery Movement Control Order (RMCO), many uncertainties still remain with regards to the rate at which the nation is able to bounce back.

For organizations, business continuity will continue to be a challenge, requiring innovative solutions and strong leadership that helps them stay not only afloat, but competitive in the long run. Already, dispersed and distributed teams -- one where employees are able to perform their tasks outside of the traditional work environment – has become a reality. Companies like Google and Twitter, for example, have declared that most of their staff are able to work from home or remotely on a permanent basis and not just during the lockdown. While many businesses will need to consider if the nature of products and services they offer allow or afford them to do so, or if their culture is conducive to this, it is clear that swift action is required of leaders today so they adapt to thrive tomorrow.

PETALING JAYA, 25 June 2020 – WCT Holdings Berhad (“WCT” or “the Group), a leading engineering and construction as well as property company, announced today that it has delivered a profit after taxation of RM17 million for its first financial quarter ended 31 March 2020 as compared to RM39 million in the preceding year’s corresponding quarter. After taking into consideration the allocation to non-controlling interests and perpetual sukuk holders, the Group registered loss attributable to equity holders of RM0.017 million as compared to profit attributable to equity holders of RM40 million recorded in the financial quarter ended 31 March 2019. 

The Group’s revenue for the quarter was lower at RM363 million as compared to RM515 million in the preceding financial year’s corresponding quarter. The Group’s Engineering and Construction Division was the primary contributor to the Group’s performance as the Division accounted for 67% of the consolidated revenue, backed by its outstanding order book comprising a mix of civil and infrastructure works as well as building construction jobs.