Mary Blight – Page 22

Maxis partners Singtel to accelerate enterprise digital transformation with Malaysia’s first 5G orchestration platform at MCY Summit 2024

On: August 14, 2024

Program supports high-speed info needs, real-time analytics &amp, automatic systems
Provides users with low-latency technology, GPU as a Service, and store entry

Goh Seow Eng, CEO of Maxis (Left) & Manoj Prasanna Kumar, chief technology officer of Singtel Digital InfraCo.

Maxis has partnered with Singtel to create Malaysia’s first all-in-one system for 5G network, top technology, sky, and services automation, built on Singtel’s Paragon for telco networks. The platform does create 5G-Advanced (5G-A ) and 5G technology, edge, and multi-cloud computing more visible to Malay businesses, accelerating modern transformation across different sectors such as manufacturing, transportation, healthcare, and public services.

The Ministry of Science, Technology, and Innovation ( MOSTI ) hosted the Malaysia Commercialization Year (MCY ) Summit 2024, a ceremony that formally established the partnership. At the Maxis booth, Goh Seow Eng, CEO of Maxis, and Manoj Prasanna Kumar, CTO of Singtel Digital InfraCo, signed a Memorandum of Understanding ( MoU).

Made available in Malaysia through Maxis ‘ business arm, Maxis Business, the system did help’ on-demand ‘ top computing services, providing customers with access to low-latency computing, GPU as a Service, and storage. With its multi-access edge computing ( MEC ) capabilities, data from end-users and devices can be processed at the edge. This, combined with Artificial Intelligence ( AI), provides real-time processing and intelligent decision-making.

With the click of a button, businesses can create network slices on-demand and deploy mission-critical 5G applications on MEC with the help of Paragon’s powerful marketplace, which Maxis customers and partners can access for both customers and partners.

Our collaboration addresses customer needs, according to Goh Seow Eng, by offering a unified 5G platform that makes orchestration simpler across network and cloud environments. The platform gives businesses greater access, speed, and flexibility to seamlessly deploy and manage 5G and cloud computing solutions. This will enable them to concentrate on their main line of business, boosting their standing on the global stage. We as the leading integrated telco in the nation anticipate accelerating the adoption of 5G-A and 5G and the digitalization of Malaysian businesses as the preferred digital business partner.

Meanwhile, Bill Chang, CEO of Singtel Digital InfraCo, said,” We’ve seen a strong shift in demand from enterprises for 5G and edge computing capabilities to accelerate their digital transformation. Singtel has been in the forefront of this development, creating various strategic alliances with telcos around the world, with Paragon playing a key role in this development.

He continued, adding that Paragon makes it easier for telcos to deliver and scale 5G use cases, and that the company is pleased to work with Maxis to expand and strengthen the service opportunities of 5G and edge monetisation in Malaysia.

The platform’s capabilities can benefit businesses through a wide range of enterprise applications across different verticals that require high-speed data processing, such as real-time analytics, mixed reality, and autonomous systems. To meet the cybersecurity and data sovereignty needs of Malaysian businesses, the platform will be hosted and deployed locally.

In four ASEAN markets, Paragon’s platform creation and power have now been successfully used. With Maxis bringing this capability exclusively to Malaysia, it will be simple for multinational corporations to operate with ease, with a shared goal, and with a unified architecture throughout the region. Given Malaysia’s upcoming ASEAN chairmanship in 2025, where the country will play a more active role in leading the regional bloc’s economic and digital aspirations, the move is appropriate.

This collaboration demonstrates Maxis ‘ commitment to bringing innovation to the market and enabling Industry 4.0 transformation through practical use cases. In addition to 5G and cloud-native solutions, this commitment includes leading the development of next-generation solutions in Malaysia around AI and Generative AI, the Internet of Things, and 5G-Advanced technology.

Bridgenet Solutions, a CelcomDigi subsidiary, pioneers secure cyber-experience at inaugural cybersecurity symposium

By: Mary Blight

On: August 14, 2024

In: Technology

Gathering business leaders, administration officials, security professionals
Sharing of knowledge regarding the changing nature of security threats

(From left): Queenie Lee, Chief Revenue Officer of Bridgenet Solutions; Alex Liew, Deputy Chairman, PIKOM, The National Tech Association of Malaysia; Keane Leong, Group CEO of Bridgenet Solutions; Fong Choong Fook, Founder & Executive Chairman of LGMS Bhd; Marcus Tan, Managing Partner of Tan & Co, Advocates and Solicitors; and Loy Kuang Haow, CTO of Bridgenet Solutions.

Cybersecurity is now a top priority in every industry because of the fast pace of modern change. Malaysia, in particular, is working towards overcoming the spaces within its existing system, after facing almost half a million leaked records from data vulnerabilities in the second quarter of the last year. In accordance with this, the Malaysian Parliament’s second reading of the Cybersecurity Act 2024 on March 25, 2024, aims to establish a strong regulatory framework for safeguarding Malaysia’s security environment. Companies like Bridgenet Solutions Sdn Bhd are stepping in to provide the assistance needed in this situation.

Since its founding in 2003, Bridgenet has grown to become a specialized service provider for system support systems and has expanded to include programs that assist customers in maintaining their IT facilities for different businesses. Their entry into an acquisition agreement with CelcomDigi in 2021 marked their transition from being the nation’s largest provider of Internet services and solutions, accelerating digital alterations and modernizing customers ‘ Internet infrastructures by putting security first.

This includes supporting government initiatives like the Cybersecurity Act of 2024, which mandates that national crucial information infrastructure (NCII ) companies follow specific rules, standards, and procedures to manage security threats and situations. The establishment of the National Cyber Security Committee, the nomination of business leaders, and the registration of security service providers are among the key procedures.

The recent opening of the annual Cybersecurity Act Symposium at Le Meridien in Kuala Lumpur shows that Bridgenet is leading the charge in this area.

The conference focused on examining the repercussions and opportunities brought about by the passage and passage of the Act earlier this year, bringing together sector leaders, government officials, and security professionals from all over the country. In doing so, Bridgenet also made an effort to develop a co-operative tradition of security awareness and knowing among industry stakeholders, which would help to strengthen their collective resistance to computer threats.

Keane Leong, Group CEO of Bridgenet Solutions presents his welcome speech at the inaugural Cybersecurity Act Symposium.

” In recent years, we have witnessed a dramatic increase in virtual threats, from data breaches to ransom attacks”, remarked Keane Leong, Group CEO of Bridgenet, in his pleasant talk that highlighted the synergy between CelcomDigi’s strong telecom infrastructure and Bridgenet’s developed cybersecurity expertise. These events “do not just disrupt our operations, but they also undermine trust and confidence in our online systems.” As we adopt the online market, ensuring strong cybersecurity steps is no longer an option but a necessity.

The forum provided a forum for key industry figures to discuss gleaned lessons and best practices in cybersecurity. Following a panel discussion where authorities from diverse industries discussed techniques for compliance and risk management, the occasion featured an in-depth analysis of the Cybersecurity Act and its impact on businesses and individuals.

” The debate at the conference highlighted important aspects of the Cybersecurity Act, offering members invaluable insight into conformity and best practices in cybersecurity”, shared Alex Liew, Deputy Chairman, PIKOM, The National Tech Association of Malaysia, who served as the symposium’s mediator. Fong Choong Fook, Founder &amp, Executive Chairman of LGMS Berhad, and symposium panelist, also added,” The symposium provided a comprehensive overview of the Cybersecurity Act and its implications. It provided a fantastic forum for networking and knowledge sharing among industry peers.

Another of the event’s panelists, Marcus Tan, Managing Partner of Tan &amp, Co, Advocates and Solicitors, commented on the symposium’s importance from the legal perspective, noting,” The symposium served as a vital forum for understanding the legal nuances of the Cybersecurity Act, equipping attendees with the necessary knowledge to navigate the evolving regulatory landscape”.

Additionally, attendees gained hands-on experience and practical knowledge about implementing cybersecurity measures from workshops and interactive sessions. Additionally, the exhibition area featured the most recent innovations and services from leading cybersecurity solution providers, giving attendees a taste of the digital security industry’s future.

” This event showcased our commitment to leading the charge in cybersecurity. The information we and our partners have learned can better protect our infrastructure and data, according to Loy Kuang Haow, Chief Technology Officer of Bridgenet.

The passing of the Cybersecurity Act 2024 represents a pivotal stride towards securing Malaysia’s digital landscape. A secure and resilient digital future can be created by implementing robust cybersecurity measures and encouraging collaboration.

Venturetech revolutionises Malaysia’s underwater robotics landscape with US.2 million investment in SS Rover

Venturetech revolutionises Malaysia’s underwater robotics landscape with US$2.2 million investment in SS Rover

By: Mary Blight

On: August 14, 2024

In: Technology

Partnership will promote teleoperated systems creation &amp, implementation
Investment may energy SS Rover’s development, up ROV development &amp, company initiatives

Venturetech revolutionises Malaysia’s underwater robotics landscape with US$2.2 million investment in SS Rover

VentureTECH Sdn. Bhd. has announced a strategic investment of US$ 2.2 million ( RM10 million ) in SS Rover Sdn. Bhd., a leading underwater remotely operated vehicle ( ROVs ) solutions provider in Malaysia. In a joint statement, the parties&nbsp, said, this agreement may accelerate the development and implementation of SS Rover’s cutting-edge teleoperated system and incorporated digital twin ship structure, transforming the underground operations landscape.

SS Rover is a homegrown tech firm specialising in engineered services, products, and mechanical solutions for the offshore oil and gas, electricity, telecommunication, and under legal infrastructure industries. With over 15 years of experience in underwater ROVs and robotic system training, the company has expanded its expertise to include TVET, MRO ( refurbishment ) and offshore field operations. Now, it stands at the vanguard of delivering state-of-the-art engineered solutions and mechanical solutions to its different customers.

VentureTEC H’s funding may be instrumental in fuelling SS Rover’s growth and innovation by supporting ROV equipment and system growth, working capital, and business development efforts. This strategic agreement will give SS Rover the ability to improve its teleoperated system, increase its capacity, and increase its operating efficiency. Also, the investment will support the development of the ground-breaking included digital mini fleet system, which has the potential to revolutionize underwater operations.

Ahmad Redzuan Sidek, CEO of VentureTECH said,” We are thrilled to help SS Rover’s creative technique to revolutionising underwater activities. Their experience and creative solutions are in line with our goal to promote technological advancement and advance Bumiputera businesses. We strongly believe that SS Rover’s advanced underwater mechanical solutions may include a profound effect on the offshore oil &amp, petrol, electricity, communications, and utilities industries, and we are excited to embark on this trip of growth up”.

Our investment may help SS Rover advance across the entire industry, as well as advance its technological prowess and expand its market presence. This partnership demonstrates VentureTEC H’s belief in SS Rover’s ability to create high-quality jobs while shaping the field’s future of underwater robotic solutions. It reflects our commitment to making purchases that benefit society. Ahmad Redzuan emphasised.

The advancements made by SS Rover in teleoperated techniques are major technological advances in marine ROV operations. These innovations are intended to improve marine operation’s effectiveness and reliability, decrease risks, and improve operating efficiency. Along the voyage, the development of the integrated digital twin ship program, shall in particular, let technology, enabling better decision-making and more effective ship management.

” We are thrilled to receive this funding from VentureTECH in order to make our cutting-edge teleoperated systems more widely used and advance our goal of providing clients with the most advanced robotic solutions. With VentureTEC H’s support, we are well-positioned to establish leadership in underwater ROV and pioneer significant advancements in the industry”. Syamsul Nizam Azmee, the founder and managing director of SS Rover, said.

This collaboration highlights the strength of Malaysia’s technology ecosystem and its potential to spur international innovation. Through advanced technology and environmentally sound practices, VentureTECH and SS Rover are on the verge of changing the future of underwater operations.

CelcomDigi subsidiary Bridgenet Solutions pioneers a secure cyber-experience, at inaugural cybersecurity symposium

By: Mary Blight

On: August 13, 2024

In: Technology

Gathering business leaders, administration officials, security professionals
Sharing of knowledge regarding the changing nature of security risks

Cybersecurity is now a top priority in every industry because of the fast pace of modern change. Malaysia, in particular, is working towards overcoming the spaces within its existing system, after facing almost half a million leaked records from data vulnerabilities in the second quarter of the last year. In accordance with this, the Malaysian Parliament’s second reading of the Cybersecurity Act 2024 on March 25, 2024, aims to establish a strong regulatory framework for safeguarding Malaysia’s security environment. Ok, businesses like Bridgenet Solutions Sdn Bhd are stepping in to offer the support required.

Since its founding in 2003, Bridgenet has grown to become a specialized service provider for system support systems and has expanded to include programs that assist customers in maintaining their IT system for different businesses. Their entry into an acquisition agreement with CelcomDigi in 2021 marked their transition from being the nation’s largest provider of Internet services and solutions, accelerating digital alterations and modernizing customers ‘ Internet infrastructures by putting security first.

This includes supporting government initiatives like the Cybersecurity Act of 2024, which mandates that national crucial information infrastructure (NCII ) institutions follow specific rules, standards, and procedures to manage security threats and situations. The establishment of the National Cyber Security Committee, the nomination of business leaders, and the registration of security service providers are among the key procedures.

The recent opening of the annual Cybersecurity Act Symposium at Le Meridien in Kuala Lumpur shows that Bridgenet is leading the charge in this area.

The conference focused on examining the repercussions and opportunities brought about by the Act’s passage and subsequent passage, bringing together sector leaders, government officials, and cybersecurity professionals from across the country. Bridgenet also sought to develop a cooperative culture of security awareness and knowing among industry stakeholders, which would help to strengthen their collective resistance to digital threats.

Keane Leong, Group CEO of Bridgenet Solutions presents his welcome speech at the inaugural Cybersecurity Act Symposium.

” In recent years, we have witnessed a dramatic increase in virtual threats, from data breaches to ransom attacks”, remarked Keane Leong, Group CEO of Bridgenet, in his pleasant talk that highlighted the synergy between CelcomDigi’s strong telecom infrastructure and Bridgenet’s developed cybersecurity expertise. These events “do not just disrupt our operations, but they also undermine trust and confidence in our electronic systems.” As we adopt the modern economy, ensuring strong cybersecurity steps is no longer an option but a necessity.

The conference provided a forum for key industry figures to discuss gleaned lessons and best practices in security. Following a panel discussion where authorities from diverse industries discussed methods for compliance and risk management, the occasion featured an in-depth analysis of the Cybersecurity Act and its impact on businesses and individuals.

Additionally, workshops and interactive sessions offered attendees hands-on experience and practical knowledge about implementing cybersecurity measures. Additionally, the exhibition area featured the most recent innovations and services from leading cybersecurity solution providers, giving attendees a taste of how digital security will evolve in the future.

” This event showcased our commitment to leading the charge in cybersecurity. The information we and our partners have learned can better safeguard our infrastructure and data, said Loy Kuang Haow, Bridgenet’s Chief Technology Officer.

The passing of the Cybersecurity Act 2024 represents a pivotal stride towards securing Malaysia’s digital landscape. A secure and resilient digital future can be created by putting in place strong cybersecurity measures and encouraging collaboration.

Nexea, Allianz General and Exitra collaborate to foster startup growth through Innovative-Startup Corporate Matching Programme

By: Mary Blight

On: August 13, 2024

In: Technology

A full of US$ 1 million has been provided by the first colleagues.
Plan sets companies with corporates to explore new markets, form alliances

Nexea, Allianz General and Exitra collaborate to foster startup growth through Innovative-Startup Corporate Matching Programme

Nexea has announced a collaboration with Allianz General Insurance Company ( Malaysia ) Berhad, Exitra, and several other major corporations for the Startup-Corporate Matching Programme. The Venture Capital and Startup Accelerator stated in a statement that the primary goal of this collaboration is to attach startups with well-established companies and cutting-edge tech companies for possible collaboration to cultivate cutting-edge innovation in Malaysia’s business ecosystem and above.

By utilizing social knowledge, Nexea and Allianz’s combined resources and expertise, as well as Nexea’s collaboration with Exitra, help to create a powerful entrepreneurial landscape. These alliances not only utilize unique skills but also open up opportunities for creativity, growth, and achievements.

The Startup-Corporate Matching Programme, an special action by Nexea, utilizes its experience and networking to match companies with organizations for exploring new markets and forming partnerships, joint ventures, investments, and acquisitions.

Nexea, Allianz General and Exitra collaborate to foster startup growth through Innovative-Startup Corporate Matching Programme ” All businesses looking to work with companies should submit an application to utilize the support offered by large corporations.” Our invested startups have received revenues, millions in investments, and strong long-term partnerships with startup-friendly corporates, giving them an advantage over their competitors”, said Ben Lim ( pic ), CEO &amp, Founder of Nexea.

Enrolling in this programme offers startups many benefits, including securing business clients, building relationships with prospective acquirers, enhancing collaboration capabilities, and possibly achieving investments or corporate partnerships.

We’re looking forward to our fifth year of working with Nexea. We are aware of the value the business will continue to provide the Malaysian startup community. This collaboration has helped our partnership with local startups grow over the past few years,” said Sean Wang, CEO of Allianz General.

Each year, the programme matches 30 startups with 10 corporate partners, introducing each startup to five to ten corporations, which results in an average of five successful collaborations. The five-month duration of the program ensures a focused and effective partnership process. According to Nexea, past cohorts have significantly benefited, collectively securing US$ 1 million ( RM4, 500, 000 ) in funding.

Startups from a variety of industries and stages of development are invited to participate if their product( s ) are the least bit viable and their value proposition is clear. Selected startups will take part in a wide array of activities, including workshops, mentoring sessions, pitching events, and networking opportunities with corporate partners and other important stakeholders. These activities aim to encourage startups ‘ emergence and integration into the corporate world by providing them with valuable resources and connections to support their success.

Kevin Teoh, COO at Exitra, said,” Exitra’s partnership with Nexea perfectly aligns with our vision of fostering innovation and driving sustainable growth. We think we can find and invest in cutting-edge technologies and business models that will shape the future by working closely with local startups.

He added that as part of this partnership, Exitra will be actively scouting for startups with high growth potential, focusing on areas such as data-driven solutions, large language modeling, data warehousing, IoT for monitoring transparency, and industry-specific applications in healthcare, hospitality, and logistics.

The programme welcomes applications from startups across a range of sectors, such as fintech, insurtech, blockchain, e-commerce, property, FMCG, logistics, environment, waste and water management, and hospitality. The program gives entrepreneurs the chance to create innovative solutions and form valuable partnerships by connecting with over 80 businesses in these industries.

For Startups keen to learn more about the programme, visit Startup Corporate Matching Programme.

Indosat Ooredoo Hutchison Group, Google Cloud partner to deliver cloud and edge cloud solutions for Indonesia

By: Mary Blight

On: August 12, 2024

In: Technology

Solutions may enable organisations to expand digitalisation&nbsp,
Aims to support AI and data-intensive tasks at favored places

Vikram Sinha, President Director and CEO of Indosat Ooredoo Hutchison Group (Left) and Thomas Kurian, CEO of Google Cloud (Right)

Indonesia’s next-generation royal fog and edge cloud services, which are compliant with Indonesia’s demanding data citizenship, security, and privacy requirements, have been expanded through an expanded collaboration between Indosat Ooredoo Hutchison Group and Google Cloud.

In order to meet the needs of those who want to run AI and data-intensive workloads at their preferred location, Indosat Group intends to partner with Google Distributed Cloud ( GDC ) for organizations in Indonesia. This will enable organisations in the public market and other important industries, such as protection, medical and life sciences, financial services, energy and utilities, and manufacturing, to expand digital transformation with AI and analytics capabilities, while ensuring they have total control and protection of their sensitive data.

GDC is a fully managed solution with a rich set of software services, a range of extensible hardware form factors, and the choice of running air-gapped ( i. e., fully disconnected ) from the public internet for the most sensitive workloads, or connected between edge locations and the Google Cloud region located within Indonesia.

Indosat Group, through its data center hands, plans to offer hosting choices for GDC on-premises. This ensures that information remains under the patient’s control and within Indonesia’s edges, adhering to all legitimate and independence structures, including the Personal Data Protection Law and Government Regulation No. 71.

Indosat Ooredoo Hutchison Group President and CEO Vikram Sinha stated,” Indonesia is paving the way for its golden age in 2045. In order to realize this vision, Indosat Group is committed to using technological improvements to contribute. The partnership with Google Cloud is driven by empowering Indonesia, aiming to provide the country’s first royal cloud and top cloud options”.

He added that these solutions will equip organisations with the state-of-the-art infrastructure, operational features, and developer tools they need to accelerate digitalisation at scale.

Through GDC, organisations can access core features ( e. g., Workbench, Pipelines, Predictions ) of Vertex AI—Google Cloud’s enterprise AI platform—enabling them to quickly develop and deploy advanced machine learning and generative AI search applications for easily retrieving and analysing data at their chosen location. Pre-trained ML models for Speech-to-Text, translation, and optical character recognition ( OCR ) —with support for more than 100 languages, including Bahasa Indonesia—are likewise accessible out-of-the-box.

Organizations can also gain access to a wider range of Google Cloud hardware and software resources, which are essential for seamlessly deploying AI applications in artificial intelligence ( AI ) environments or on the edge. These include Google Kubernetes Engine, NVIDIA Tensor Core GPUs, the portable AlloyDB Omni database engine, and Dataproc for running open-source data analytics.

Thomas Kurian, CEO of Google Cloud, said,” Indonesia’s public sector and regulated industries require solutions that meet strict data sovereignty and regulatory requirements. In order to empower the public sector and regulated organizations to accelerate digital transformation on their own terms, we are working with Indosat Group to introduce next-generation, local sovereign cloud and edge cloud solutions.

He added that the firm’s AI services and secure-by-design distributed cloud infrastructure, combined with Indosat’s technology expertise, will help businesses better analyse data, uncover insights, boost productivity, and run modern AI applications.

Hata launches three new digital assets including Worldcoin

By: Mary Blight

On: August 12, 2024

In: Technology

Listings 14 cryptocurrencies on its Indonesian program
claims to be Malaysia’s lowest fee among the online resource exchanges

Hata launches three new digital assets including Worldcoin

Hata, Malaysia’s newest digital asset exchange ( DAX ), licensed by the Securities Commission Malaysia and Labuan Financial Services Authority, has expanded its offerings by adding three digital assets: Worldcoin ( WLD ), Cosmos ( ATOM), and Polkadot ( DOT ). Importantly, Hata is the first controlled Indonesian DAX to contain Worldcoin, allowing users to buy, buy, mail, and receive WLD.

A secure and convenient way to verify a person’s personality with Worldcoin, which stands out from algorithms and AI systems, is provided by the online verification software Worldcoin. Developed by Tools for Humanity, co-founded by Sam Altman, the father of ChatGPT, Worldcoin uses crypto and cryptocurrency tools to support its electric card program and local asset, WLD.

Cosmos improves the efficiency and safety of existing networks by allowing developers to quickly create and deploy bitcoin applications. Its bitcoin, ATOM, is used for exchange control and system protection.

Hata launches three new digital assets including Worldcoin On the other hand, Polkadot is a process that links various bitcoin, enabling the transport of price and information between networks that were formerly inconsistent, like Bitcoin and Ethereum. Known for its velocity and scalability, the DOT gift is used for holding and management, and is now transferable on Hata and other marketplaces. &nbsp,

David Low ( pic ), CEO of Hata, said” With the Securities Commission’s approval of Worldcoin on May 8, 2024, we are the first regulated DAX in Malaysia to launch trading of this digital asset. In a controlled environment, Malaysians can discover and diversify their online asset portfolios. Worldcoin, Cosmos, and Polkadot are even available on its international system, which serves customers worldwide and is licensed by the Labuan Financial Services Authority”.

With the addition of WLD, ATOM, and DOT, Hata then lists 14 bitcoin on its Indonesian system. In Malaysia, it has the largest amount of cryptocurrencies for trading and investing, making it the change with the most of them.

Hata also asserts that its digital property exchanges offer the lowest rates among Indonesian exchanges, and they just introduced an affiliate program that gives customers a 30 % share of the commissions they remit from referrals.

Solarvest secures five CGPAs under CGPP totaling 60 MWac including Micron Technology and Bursa Malaysia

By: Mary Blight

On: August 11, 2024

In: Technology

symptoms five CGPAs to promote asset ownership and sustainability for businesses
secures a 21-year, recurring monthly income from thermal plant installation.

In accordance with the Corporate Green Power Programme ( CGPP ), Solarvest Holdings Bhd has signed five separate Corporate Green Power Agreements ( CGPAs ) with a Malaysian multi-asset exchange, two world-leading semiconductor manufacturers, and a leading global data center service provider ( collectively referred to as Corporate Consumers ). These contracts are reached through a joint venture between TNB Renewables Sdn Bhd and Savelite Engineering Sdn Bhd, and another joint venture between TNB Renewables Sdn Bhd alone.

Under these CGPAs, Solarvest and partners, as the Solar Power Producers ( SPP ), will undertake the ownership and development of two solar power plants located in Lumut, Perak and Kulim, Kedah. The Corporate Consumers will collectively take over the solar power plant’s combined electricity capacity of 59.98 megawatts ( MWac ) for 21 years through contractual differences mechanisms and agreed pricing.

]MWac&nbsp, refers to the capacity a plant can deliver to the grid after accounting for energy losses during the DC-AC conversion. ]

The CGPP represents the Indonesian government’s dedication to advancing the nation’s electricity move. The CGPA model eliminates the need to install solar photovoltaic assets on corporate premises, thereby allowing businesses to purchase online renewable energy. Corporate customers can support their sustainability goals and commitments by participating in the CGPP by purchasing bundled Renewable Energy Certificates ( RECs ) that verify the source of electricity from renewable energy sources.

According to Davis Chong Chun Shiong, senior director and group leader of Solarvest,” The CGPP is a major step forward in Malaysia’s transition to a more open and dynamic energy market as a result of the theory of demand and supply.” We are confident in fulfilling our role as a renewable energy producer by providing our corporate clients with sustainable energy options to improve their sustainability goals using our proven track record in developing utility-scale jobs.

The two solar power plants ‘ written CGPAs, each with a 21-year term, did increase Solarvest’s recurring income flow. To sum up, the Energy Commission of Malaysia has granted Solarvest and its consortiums a full import power of 90 MWac in accordance with the CGPP.

Corporate Vice President, Assembly &amp, Test NAND Operations, Micron Technology, Amarjit Sandhu said,” As memory and storage continue to fuel future systems, our involvement in the CGPP reinforces our commitment to building a brighter and more responsible potential, while driving development in the semiconductor sector. According to the National Energy Policy 2022-2040 and the National Energy Transition Roadmap, Micron continues to be a dependable commercial customer in Malaysia.

Director, Group Sustainability for Bursa Malaysia, Dr Hezri Adnan said,” Conservation plays an integral part of Bursa Malaysia’s mission. We are accountable for influencing investors ‘ attitudes toward sustainable practices. We will continue to deliberately reduce our climate impact through a variety of strategies and continue to do so.

Solarvest secures five CGPAs under CGPP Totaling 59.98 MWac including Micron Technology and Bursa Malaysia

By: Mary Blight

On: August 11, 2024

In: Technology

evidence five CGPAs to promote asset ownership and sustainability for businesses
secures a 21-year, recurring monthly income from solar plant installation.

In accordance with the Corporate Green Power Programme ( CGPP ), Solarvest Holdings Bhd has signed five separate Corporate Green Power Agreements ( CGPAs ) with a Malaysian multi-asset exchange, two world-leading semiconductor manufacturers, and a leading global data center service provider ( collectively referred to as Corporate Consumers ). These contracts are reached through a joint venture between TNB Renewables Sdn Bhd and Savelite Engineering Sdn Bhd, and another cooperative venture between TNB Renewables Sdn Bhd alone.

]MWac&nbsp, refers to the capacity a plant can deliver to the grid after accounting for energy losses during the DC-AC conversion. ]

The CGPP represents the Indonesian government’s dedication to advancing the nation’s electricity change. The CGPA model eliminates the need to install solar photovoltaic assets on corporate premises, thereby allowing businesses to purchase simulated renewable energy. Corporate customers can support their sustainability goals and commitments by participating in the CGPP by purchasing bundled Renewable Energy Certificates ( RECs ) that verify the source of electricity from renewable energy sources.

According to Davis Chong Chun Shiong, senior director and group leader of Solarvest,” The CGPP is a major step forward in Malaysia’s transition to a more open and dynamic energy market as a result of the theory of demand and supply.” We are convinced in fulfilling our role as a renewable energy producer by providing our corporate clients with sustainable energy solutions to improve their sustainability goals using our proven track record in developing utility-scale jobs.

Director, Group Sustainability for Bursa Malaysia, Dr Hezri Adnan said,” Conservation plays an integral part of Bursa Malaysia’s plan. We are accountable for influencing investors ‘ attitudes toward sustainable practices. We will continue to positively reduce our climate impact through a variety of strategies and continue to do so.

Joshua Ong: Relentless proptech founder, gone too soon

By: Mary Blight

On: August 10, 2024

In: Technology

Co-founded MHub in 2015, grew it proptech option used in 2.5k jobs
Survived by&nbsp, family Kelly and two&nbsp, younger children, Lauren and Asher

Joshua Ong (right) with his parents and siblings when he was 12.
Startup leader, Joshua Ong passed aside on&nbsp, 22 July&nbsp, at 11: 45 pm. He was 38&nbsp, – very young.

Everyone who knew him was shocked by his sudden departure from heart failure, particularly since he was texting friends and coworkers frequently hours before his spirit failure.

Joshua was one of four co-founders of MHub, a proptech business headquartered in Kuala Lumpur, Malaysia. His passing finds a hole in the souls of his co-founders, Quek Wee Siong, Jon Saw, and Jason Ding. They each express their thoughts on Joshua, their “fell friend.”

Jon Saw

Joshua and I first met in Klang as children, and we eventually reconnected. Always on the lookout for business partners, Joshua, ( with help from his then two co-founders ) ‘ con’vinced me to join MHub. We started with the four of us, then we’re 65 powerful.

Joshua’s self-assurance and intellect persisted throughout every endeavor. His determination was viral, inspiring those around him to strive for excellence. His comfort, especially during foods, endeared him to all. Around him, no single eats anything.

Joshua was larger-than-life and not hesitated to challenge the status quo. His vision for MHub was revolution, aiming to reinvent the house industry with refined, user-friendly procedures.

In sales, his obstinate perseverance was unprecedented, he would visit a prospect with” good dawn”,” great afternoon”, and” great evening” daily until they finally responded. When they asked why he did that, he had answer” There’s nothing wrong with that, proper”? It’s no question that many of his former clients are now regarded as near friends.

Joshua’s loss was a destructive blow. We’ve lost not just a partner, but a mentor and friend. Even today, I may “hear” him advising me on things to do that may improve the organization, increase myself. I would have preferred to have listened to him more. We will be guided by his passion and commitment.

Joshua Ong, right, at a town hall with his co-founders. It was not uncommon for him to break into minister “ceramah” mode to inspire the team to fight on despite the odds against the company. To his right are, Quek Wee Siong, Jason Ding and Jon Saw.

Jason Ding&nbsp,

2015 was the year we started our organization. That same year, I emceed Joshua and Kelly’s marriage ceremony. Nine years later, I found myself speaking at his awake and death services.

I included the Fs that I believe best describe Joshua as he was in my speech for him:

Food partner: His love for food was unwavering. Food was certainly his love speech, from meal requests to food orders for his team. Whenever we had our leader conferences, he was the definition chief food officer. He would always be able to identify the area’s top makan locations.
Harsh fighter- Josh is a normal fighter. Josh and I clashed regularly. I came to the conclusion that battle was his way of thinking and expressing ideas. Recently after doing the Myers-Briggs Test Indicator test, it was confirmed that as an ENTP ( Extraverted, Intuitive, Thinking, and Perceiving )- he enjoyed debating and “one-upmanship”. In the end, he fought valiantly for his wife and family.
Faith-driven– I met Josh because we went to the same religion. Even though we have not served in the same departments, we occasionally acknowledge that MHub brought us together as a blessing. Joshua made it clear that he was trying his hardest to improve even though he was not great in our fair conversations. At the end of the day, what we can do is to be the best. Our fingertips are entirely in your arms. even at the next breath we can take.

Often we would talk about “one day when MHub. .”. this and that. A longer airport meant more goals and celebrations along, in my opinion. However, it is not intended to be. Your “one time” does not pass, a dispiriting reminder to business owners and entrepreneurs. But, enjoy the journey, not just the place.

The Mhub team at Joshua's wake.

Quek Wee Siong

Joshua and I were both 13 when we first met. Back in school, he was always the best student and a healthy head, liked by professors and peers everywhere. He was the “pengawas” we may count on, helping outcasts like me hide our handphones during area checks.

Through the years I’ve grown to regard Joshua’s infinite innovative power, continuously exploring new ideas, and continuous resilience. He was remarkable at discovering details about potential business opportunities or companies. In other words, he was “kaypoh” except one’s company.

Joshua was the starting point of our startup in 2014, originally called” Mortgage Hub” providing tech solutions to financial institutions. It has since pivoted to home industry-centric, the MHub we know now.

His strong conviction that Southeast Asia’s real estate sector was ready for disturbance gave birth to our company. Prior to the pandemic, he also made sacrifices in order to support MHub, including taking give breaks and moving his household from Melbourne to Kuala Lumpur. His goal was to bring together a completely online end-to-end real house ecosystem that would facilitate everything from apartment rentals to property management and fractionalized investments.

Sure, we were up against strong incumbents and giants but that did n’t scare him, on the contrary. His fighting spirit was viral. He would enter secretary “ceramah” function in our community halls to motivate our group to persevere despite the odds against us.

Close to a generation of collaboration, we weathered several problems and we kept fighting, often each different! Within the management staff, Joshua was a fierce leader of the opposition. Our argument may be analogous to a husband and wife, which included two days of motionless treatment.

But this time, there’s no coming back up.

I believe his departure is not just a decline to MHub, but to the wider real-estate industry and technical habitat. We did achieve the dragon standing we shared, and we will be proud of you. &nbsp,

As usually, Joshua has the last word. His March 2018 blog is the following:

” Feeling proud. One of the biggest engineers in Malaysia has confirmed that they will vote for us and that we will be able to grow and grow their business.

Although it’s not a simple journey, I’m hoping that MHub will certainly be a regional Malaysia Boleh brand that will guide the transformation of the proptech industry. More to occur and more to hike. Simply put, I felt the curve getting steeper.

It came with lots of sweat, tears, and difficult job.

Kudos to those who criticized, laughed, and refused to listen to us.

Thank you to those who believed, who told us to not offer up and to maintain racing.

Bless you to those who gave us encouragement.

This is by far the biggest challenge and uncertainty that MHub has faced as a business. On the company walls is the quote” Fall down seven times, getting off eight”- an expression of grit, a value exemplified by Joshua regularly.

Getting back up is precisely what they’ll do. In honor of Joshua Ong, the management team has chosen to call an upcoming product transfer” SalesCandy JO.”

Mary Blight (Page 22)