MREM Press Releases

Kenanga Investment Bank Wraps Up Stellar 2020 With Record High Net Profit Of RM102.1 Million For The Full Year, Up Almost Four-fold From Last Year

KUALA LUMPUR, Feb 25 (Bernama) — Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga” or the “Group”) today announced a consolidated profit after tax and non-controlling interest (“PATNCI” or “net profit”) of RM102.1 million for the full year ended 31 December 2020 (“FY20”). The full year net profit almost

SDB’s One-Two-Boost Initiative Serves to Instil ‘Purpose’ for Special Needs People

KUALA LUMPUR, Malaysia, Feb 25 (Bernama) — Selangor Dredging Berhad (SDB) recently embarked on a Corporate Social Responsibility (CSR) programme for young adults with disabilities called One-Two-Boost (OTB). Under this CSR initiative, SDB is collaborating with TCM (Traditional Chinese medicine) practitioners Ms. Lin Cze-Pern and Mr Go Pei Heng who

Toshiba Launches Silicon Carbide MOSFET Module That Contributes to Higher Efficiency and Miniaturization of Industrial Equipment

TOKYO, Feb 25 (Bernama-BUSINESS WIRE) — Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched “MG800FXF2YMS3,” a silicon carbide (SiC) MOSFET module integrating newly developed dual channel SiC MOSFET chips with ratings of 3300V and 800A, for industrial applications. Volume production will start in May 2021. To achieve a channel temperature of

GLAMHIVE FOUNDER STEPHANIE SPRANGERS AND CELEBRITY STYLIST NICOLE CHAVEZ ANNOUNCE DIGITAL WINTER STYLE AND BEAUTY SUMMIT

SEATTLE & LOS ANGELES, Feb 25 (Bernama-BUSINESS WIRE)  — Glamhive announced its fourth online conference to be held on February 27, 2021. The Glamhive Digital Winter Style and Beauty Summit will bring together top fashion and beauty leaders, from Kristen Bell’s stylist to billion-dollar founder-turned female founder investor Cindy Eckert. The innovative leaders

Dr. Rebecca Wong Named Among Stanford University’s List of World’s Top 2% Scientists

KOTA DAMANSARA, Feb 25 (Bernama) — Dr. Rebecca Wong Shin Yee, Associate Professor of Physiology and Head of Preclinical Sciences at SEGi University’s Faculty of Medicine have been listed among the World’s Top 2% Scientists by Stanford University published in October 2020. The list represents the top 2% of the

ReNew Power, India’s Leading Renewable Energy Company, to Publicly List through Business Combination with RMG Acquisition Corporation II in $8 Billion Transaction

NEW DELHI & NEW YORK, Feb 25 (Bernama-BUSINESS WIRE) — ReNew Power Private Limited (“ReNew” or “the Company”), India’s leading pure-play renewable energy producer, and RMG Acquisition Corporation II (“RMG II”) (NASDAQ: RMGB) announced today, the execution of a definitive agreement for a business combination that would result in ReNew becoming

Latest NVMe™ SSDs From Kioxia Now Available On Supermicro PCIe® 4.0 Server And Storage Platforms

KIOXIA CM6, CD6 Series PCIe® 4.0 NVMe™ SSDs Qualified to Accelerate Application Performance on Next Generation Supermicro Systems TOKYO, Feb 25 (Bernama-BUSINESS WIRE) — The transition to PCIe® 4.0 is in full swing, and Kioxia Corporation, a world leader in memory solutions, is leading the way forward. Today, the company announced that

AmBank Partners With Merchantrade To Enable Hybrid e-wallet

First in the market cross border, multi-currency payment solutions KUALA LUMPUR, Feb 25 (Bernama) — AmBank has formed a strategic partnership with Merchantrade Asia Sdn Bhd that will take the e-wallet landscape to the next level. This is by the enablement of Hybrid e-wallet as part of its FinTech driven initiatives.

Bank Muamalat Contributes Meals to Frontliners

KUALA LUMPUR, Feb 25 (Bernama) — In appreciation of the roles of Malaysian frontliners in the on-going battle against the COVID-19 pandemic, Bank Muamalat Malaysia Berhad (Bank Muamalat) distributed 1,500 packed meals to healthcare workers, policemen, firemen, army personnel and civil servants around the Klang Valley from 15 February until

MIDA Urges Domestic Companies to Adopt Digitalisation and Innovation in Their Business Models to Stay Competitive

KUALA LUMPUR, Feb 25 (Bernama) — The Malaysian Investment Development Authority (MIDA) organised a virtual Domestic Investment Webinar to urge domestic stakeholders to implement digitalisation values and  adopt innovation in their business to remain  resilient. The session themed “Innovation and Transition to New Business Models” was supported by the Department of