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104703721 Private ID: 104703721
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    AIZO Group Berhad, formerly known as Minetech Resources Berhad, has steadily evolved into a diversified entity with a presence in construction, financial technology (Fintech), bituminous products manufacturing, and renewable energy. With a continued focus on expanding its capabilities in these industries, the company continues to seek new opportunities to strengthen its market position and enhance its financial standing.
    Recently, AIZO...
    Hot Take: My 2 Cents on AIZO Group Berhad’s Private Placement
    KGW Group Berhad (BURSA: KGW) has taken a bold step toward reinforcing its position as a global logistics leader with a strategic equity investment from Accelerated Global Solutions Inc. (AGS). This move is more than just a capital infusion—it is a calculated alliance designed to propel KGW’s growth by integrating AGS’s extensive global network and technological capabilities into its operations.
    KGW has long been a key play...
    KGWGroup Berhad: Poised for Exponential Growth with Strategic Partnership
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    Malaysia's Producer Price Index (PPI) rose marginally by 0.5% year-on-year in December 2024, compared to a 0.4% decline in the previous month, according to the Department of Statistics Malaysia (DOSM).
    In a statement Tuesday, DOSM attributed the increase to mixed performances across key sectors with notable growth in the agriculture, forestry and fishing sectors.
    Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the agriculture, forest...
    Malaysia's PPI Rises 0.5% Y-O-Y in December 2024 — DOSM
    Malaysia’s total trade rose 14.6% year on year to RM257.9 billion in December 2024, driven by a 16.9% increase in exports to RM138.5 billion and an 11.9% rise in imports to RM119.3 billion, according to the Department of Statistics Malaysia.
    Faster growth in exports led to trade balance rising 62.3% y-o-y to RM19.2 billion in December, DOSM data showed.
    Exports recorded an increase of RM20.1 billion y-o-y, wi...
    Malaysia's Total Trade Jumps 14.6% in December to RM258 bil; Penang, Johor Lead Exports
    Econframe Berhad recently announced the acquisition of Ivory Pearl Sdn. Bhd. (IPSB) for RM56 million, a move poised to be a game-changer for the company. The deal, which includes RM46.67 million in cash and the issuance of 16.5 million new Econframe, is strategically structured to be earnings-per-share (EPS) accretive while leveraging minimal dilution of existing shareholder value.
    Based on my calculation, the issuance o...
    Econframe’s Strategic Acquisition of IPSB, A Synergistic Growth Opportunity?
    Oasis Harvest Corporation Berhad, formerly known as Dolphin International Berhad, has officially reclassified under Bursa Malaysia's Consumer Products & Services sector, specifically within the Travel, Leisure & Hospitality sub-sector.
    This change, effective from January 13, 2025, marks a significant shift in the company's business strategy.
    Previously focused on the palm oil milling machinery sector, Oasis Harvest has diversif...
    Oasis Harvest Corporation Expands into Travel and Hospitality Sectors
    Malaysia’s exports continued their expansionary trajectory in 2024, driven by strong performances in both manufactured and agricultural products, official data on Monday showed.
    Exports rose 5.7% to RM1.508 trillion in 2024 from 2023, surpassing the RM1 trillion mark for the fourth consecutive year, according to the Ministry of Investment, Trade and Industry (Miti) in a statement, driven by increases in...
    Malaysia's 2024 Trade Jumps 9.2% to Record High; Exports Top RM1 tril for Fourth Straight Year
    Recently, OB Holdings Berhad (OB Holdings Berhad, “Dongsheng Holdings” for short) announced a partnership with CTG Group, a leading brand marketing company, to launch a youth entrepreneurship program.Aiming to nurture 1,000 young entrepreneurs within the next three yearsto help them master core skills, obtain professional guidance, and participate in actual business opportunities.
    As a third-party production service provider with a good reputation in the field of functional foods and health products, Dongsheng Holdings also has its own brands such asBonlifeundGoHerb. This partnership marks a new step in empowering the younger generation. Through this program, the aim is to help young people enter the entrepreneurial field and promote the development of the Malaysian economy.
    Innovation cooperation and resource integration
    The cooperation between Dongsheng Holdings and CTG Group leverages the latter's rich experience in brand incubation — CTG Group has successfully launched more than 50 health and skincare brands. This program will provide participants with a practical entrepreneurial experience, help them sell and promote Dongsheng Holdings' own-brand products, and have an in-depth understanding of market trends.
    With the core concept of “light capital entrepreneurship”, the program encourages young people to start a business with minimal initial investment. Participants will start by selling products owned by Dongsheng Holdings and gradually gain experience in sales, marketing and customer service. This approach not only inspired their ability to innovate, but also gave them the ability to explore business opportunities with limited resources.
    Additionally, participants will...
    Translated
    Dongsheng Holdings and CTG Group launch youth entrepreneurship program
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    Malaysia’s wholesale & retail trade sector grew by 5.5 per cent to hit RM150.1 billion in October 2024, compared to the same period last year, according to Statistics Department Malaysia (DOSM).
    This growth exceeded the five per cent expansion observed in September, underscoring the sector's resilience amidst a stable economic environment.
    DOSM attributed the surge in sales to strong performances across the retail trade, whol...
    Wholesale and Retail Trade Rises 5.5% to hit RM150bil Sales in Oct 2024
    The Industrial Production Index rose by 2.1 per cent year-on-year (y-o-y) in October 2024, spurred by steady output growth in the manufacturing sector, according to Statistics Department Malaysia (DOSM).
    Chief statistician Datuk Seri Mohd Uzir Mahidin said the IPI maintained positive growth in October 2024, albeit at a slower rate of 2.1 per cent after registering 2.3 per cent in the preceding month.
    "The increase was spearheaded by the manufacturing sector ...
    Malaysia's Oct 2024 IPI Up 2.1% - DOSM
    Malaysia's Oct 2024 IPI Up 2.1% - DOSM