KUALA LUMPUR, Dec 21 (Bernama) — KSK Land, one of Malaysia’s leading lifestyle property developers and a wholly owned subsidiary of KSK Group Berhad has obtained a RM650 million syndicated facility from MALAYAN Banking Bhd (Maybank) and Bank Pembangunan Malaysia Berhad (BPMB) for the completion of the 8 Conlay Kempinski…

SINGAPORE, Dec 21 (Bernama-BUSINESS WIRE) — AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of BNZ Life Insurance Limited (BNZ Life) (New Zealand). These Credit Rating (rating) actions follow the announcement on 16 December 2020, that…

KUALA LUMPUR, Dec 21 (Bernama) — Yayasan PETRONAS, in collaboration with PETRONAS Dagangan Berhad (PDB), has commenced a series of Christmas celebrations by distributing festive gifts, food supplies and personal hygiene care packages to 2,000 beneficiaries from various charities as part of its Sentuhan Kasih programme. The basic necessities and…

HONG KONG, Dec 21 (Bernama-BUSINESS WIRE) — Zeek, the Southeast Asia-focused logistics technology startup, announced today that it has secured approximately US$10 million in Series Pre-A financing from regional strategic investors and investment funds. The new funding will be used by Zeek for further expansion in Southeast Asia markets, enhancement…

KUALA LUMPUR, Dec 21 (Bernama) — After months of lockdown, many countries are now seeing a gradual re-opening of its events sector. This is not limited to just countries that have suppressed Covid-19, but also many where the situation remains uncertain as they face a second wave of cases.The Malaysian government…

New World Hotels & Resorts expands Asia portfolio with fourth exemplary Vietnam property NHA TRANG, Vietnam, Dec 18 (Bernama-BUSINESS WIRE) — New World® Hotels & Resorts has been appointed by KDI Holdings to manage the 306-room New World Nha Trang Hotel opening in 2023. Embarking on a new chapter of its…

SHAH ALAM, Selangor, Dec 18 (Bernama) — Panasonic Appliances Air-conditioningMalaysia Sdn. Bhd. (PAPAMY) and Universiti Malaya (UM) have agreed to establish cooperation by signing a Memorandum of Understanding (MOU) for Academic-Industrial Collaboration. The MOU signing ceremony was witnessed by Mr. Ahmad Khairuddin Abdul Rahim, Deputy Chief Executive Officer II of the…

KUALA LUMPUR, Dec 18 (Bernama) — As part of Great Eastern Takaful Berhad’s (GETB) commitment in the Race for Cover Towards Takaful 2020 (RfCTT 2020) by the Malaysian Takaful Association (MTA), the company is proudly presenting the i-Great Evo; an evolutionary protection plan for one’s evolving needs. Take up rate for…

QUEBEC CITY, Dec 18 (Bernama-GLOBE NEWSWIRE) — — LeddarTech®, a global leader in Level 1-5 advanced driver assistance systems (ADAS) and automated driving (AD) sensing technology announces a strengthened collaboration with Renesas by joining the R–CarConsortium, and with a new collaboration on the development and promotion of an automotive ADAS reference platform. This platform combines…

NEW YORK & SEOUL, Dec 18 (Bernama-BUSINESS WIRE) — Spotify (NYSE: SPOT) today announced that it will launch its service in South Korea in the first half of 2021. The world’s most popular audio streaming subscription service will give Korean listeners access to over 60 million tracks and over 4 billion…