KUALA LUMPUR, 19 DECEMBER 2019: Kenanga is issuing its latest batch of 12 structured warrants on popular names such as Datasonic Group Berhad and Globetronics Technology Berhad. These call warrants follow Kenanga’s new theme of longer-dated issuances.

The call warrants will be issued over the ordinary shares of Axiata Group Berhad, British American Tobacco Malaysia Berhad, Datasonic Group Berhad, Digi.Com Berhad, Ekovest Berhad, Globetronics Technology Berhad, IOI Corp Berhad, Pos Malaysia Berhad, Sime Darby Berhad, Sime Darby Plantation Berhad and Tenaga Nasional Berhad.

Cybersecurity practitioners have, for many years, been promoting the adage ‘it's not if, but when’ organisations will be impacted by a cyber attack. With attackers adopting and deploying increasingly advanced and sophisticated tools, and organisations struggling to address cybersecurity challenges - not least talent and skill shortages - ‘if, not when’ is probably true for most organisations today.

The cybersecurity community generally believes that many of the security breaches in recent history were avoidable. For instance, research^[1] suggests that 95% of security breaches in 2018 could have been prevented, and that many of the techniques attackers used to successfully breach systems in 2018 remain the same as those used historically. In a more specific example, investigative reports^[2] describe the 2017 data breach suffered by the US credit bureau Equifax, which disclosed personal detail of more than 140 consumers, as ‘entirely preventable’.

INTRODUCTION

As host of this meeting, I would like to welcome Your Majesties, Your Excellences, Ladies and Gentlemen to this Kuala Lumpur Summit. 
 
The Kuala Lumpur Summit started as a gathering of Muslim scholars and intellectuals who are concerned about the present situation of the Muslim Ummah, their countries and their religion of Islam.

KUALA LUMPUR, Dec 18 (Bernama) -- The four-day Kuala Lumpur Summit 2019, themed "The Role of Development in Achieving National Sovereignty" will converge 450 delegates from 56 countries is set to take place from December 18 to 21 at the Kuala Lumpur Convention Centre (KLCC).

The Summit is a platform for thinkers, intellectuals, politicians and community leaders from Muslim countries to discuss common interests including state of affairs of the Ummah, among others; the incarceration of Muslims around the globe, mass migration of Muslims due to civil wars and the rise of Islamophobia. The Summit will focus on seven main thrust; national development and sovereignty, integrity and good governance, culture and identity, justice and freedom, peace, security and defence, trade and investment and also technology and internet governance.

Mercedes-Benz Malaysia (MBM) unveils the newest generation of its locally-assembled SUVs, the Mercedes-Benz GLC 200, Mercedes-Benz GLC 300 4MATIC as well as the Mercedes-Benz GLC 300 4MATIC Coupé to strengthen its position as the leader in the premium SUV segment in Malaysia.

“With the new generation Mercedes-Benz SUV line-up, we are redefining the standards of luxury SUV segment in Malaysia by combining a different level of mobility and innovation. As part of our product offensive strategy, the line-up offers our customers comfort and luxury beyond what you would expect from an SUV, in addition to the spaciousness, practicality as well as the performance,” said Michael Jopp, Vice President, Sales & Marketing Passenger Cars, Mercedes-Benz Malaysia.

18 December 2019, Kuala Lumpur – Standard Chartered Saadiq has entered into a multifaceted long-term collaboration with Lembaga Tabung Haji (TH) involving the latter’s overseas properties as well as travel business. 

Standard Chartered Saadiq has extended a two-year Shariah-compliant financing facility totalling GBP65 million to two wholly-owned subsidiaries of TH for the refurbishment and refinancing of office properties in the United Kingdom. Part of the funds has been disbursed to LTH Property Holdings Ltd to partially fund the renovation of its office property in London, while the remaining is used to refinance the term financing of a second office property owned by LTH Property Holdings 2 Ltd in Surrey. 

KUALA LUMPUR, 5 DECEMBER 2019 – Malaysians are more optimistic about the future of the global financial markets than their Singaporean and Taiwanese counterparts, according to a survey commissioned by eToro, the world's leading social trading platform, and conducted by research company YouGov. The study, titled ‘Financial trading trends in Malaysia, Singapore and Taiwan’, surveyed the retail investors aged between 18 - 55 years old.

The findings revealed that 32% of Malaysians believe that the global financial market will grow compared with only 20% of Singaporeans and 12% of Taiwanese. A large part of this Malaysian optimism may be attributed to the positive economic growth in the region - an average of 4.6% growth in the first three quarters of 2019. Such encouraging growth is supported by private sector activity, particularly household spending, which is supported by a continued expansion in employment and income.

Kuala Lumpur, 11 December 2019 – Deloitte Global’s sixth edition of Women in the Boardroom: A Global Perspective reports that women hold just 16.9 per cent of board seats globally, a 1.9 per cent increase from the report’s last edition published in 2017. The numbers underscore a now-familiar challenge: women are largely under-represented on corporate boards, and progress to change this trend continues to be slow.

“If the global trend continues at its current rate of an approximately 1 per cent increase of women on boards per year, we will be waiting more than 30 years to achieve global gender parity at the board level. Even then, actual parity is likely to be concentrated to the few countries that are currently making concerted efforts to overcome this issue, leaving several regions lagging behind,” says Sharon Thorne, Deloitte Global Board Chair.

Kuala Lumpur, 12 December 2019 – “Labuan International Business and Financial Centre’s (Labuan IBFC’s) “digital family” continues to grow in recognition of the progressive approach the centre has taken in embracing the digital revolution by being as facilitative as possible to enable innovative digital business to take root in Labuan,” said Labuan Financial Services Authority (Labuan FSA) Director-General, Danial Mah Abdullah at the inaugural Connecting Digital Ecosystems in Asia 2019 (CoDE Asia 2019) conference in Kuala Lumpur today.

Mah added: “To this extent, the centre has used legacy licences like money broker, credit token licenses to provide the regulatory umbrella for the digital business to be carried out.  Now that is innovation by itself.  Thus, the centre has a “toolbox” of solutions to meet the needs of the rapidly expanding digital industry, whether from the supply or demand side”.

Kuala Lumpur, 13 December 2019 – FWD Takaful Berhad (formerly known as HSBC Amanah Takaful (Malaysia) Berhad) (“FWD Takaful”) has appointed James Loh Sinn Yuk as its new Chairman effective 27 November 2019.

The Hon. Ronald Arculli, GBM, CVO, GBS, OBE, JP, Chairman of the Board of FWD Group, described James's ascent to chairmanship as a game changer for shaping the landscape of the Malaysian Takaful industry. "His global experience is an invaluable asset to FWD Takaful and I have no doubt his appointment will be a catalyst for bigger and brighter days ahead for the overall industry in Malaysia," he said.