News In Brief

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Welcome to our ‘News In Brief’ column in which we digest all the news releases for you in no more than five paragraphs. Below are snippets of all the media releases that we received from May 9 till the end of the week. Please check back throughout the week for more updates.

ALTY Orthopaedic Onboarded On SuperApp

Kuala Lumpur, May 9: Services provided by ALTY Orthopaedic Hospital (ALTY), have announced that the hospital’s orthopaedic packages are now available on the AirAsia Super App.
ALTY is the first single-speciality Malaysian orthopaedic hospital to be onboarded to the AirAsia SuperApp, offering up to four packages under the bone-health screening segment.
The collaboration comes as ALTY continues to raise awareness of the importance of bone health among Malaysians.
The packages include Osteoporosis, Arthritis and comprehensive full-body screenings.
For more information and further enquiries, do visit https://www.altyortho.com/ or call +603 2787 0500.

More Needs To Be Done 

Kuala Lumpur, May 9: A recent survey by Leaderonomics Community and Make a  Difference (MAD) Movement found that over 50 per cent of youth find it difficult to stay motivated during online learning sessions and that at least 21 per cent lack access to devices, reliable internet connection and conducive spaces for learning.
Launched early this year, the 4-part Youth Survey themed Digital Readiness & Leadership  Development, was aimed at getting insights from different audiences (youth, educational institutions, non-governmental organisations and corporate CSR leaders). 
The aim of the survey was to collect real-time insights that would then contribute to the building and direction of Leaderonomics Community leadership programmes as well as creating awareness of expanding the accessibility of such amongst Malaysian young adults and youth,  especially those in the B40 communities.
The findings from the survey reveal common struggles faced by youth in online learning sessions. 
The survey garnered responses from over 400 youths between the ages of 13 to 25 years, most of whom are Malaysians. 

VTEX Opens Registrations 

Singapore, May 10: VTEX, the enterprise digital commerce platform for premier brands and retailers, has opened registrations for VTEX Accelerator, a global solution accelerator programme.
In this fourth edition, start-ups will be able to register their solutions on the website throughout the year to compete for the opportunity to publish their apps on the VTEX App Store.
From May to December 2022, up to five solutions will be selected each month.
If the project is approved, the start-up will get one year of technical support from VTEX.
To compete, the solution must have at least a first version or an MVP (Minimum Viable Product) and offer the possibility of integration via a third-party application. 

Melbourne Winter Masterpieces Exhibition

Melbourne, May 10: The world-premiere Melbourne Winter Masterpieces exhibition, The Picasso Century, charts the extraordinary career of Pablo Picasso in dialogue with the many artists, poets and intellectuals with whom he intercepted and interacted throughout the 20th century, including Guillaume Apollinaire, Georges Braque, Salvador Dalí, Alberto Giacometti, Françoise Gilot, Valentine Hugo, Marie Laurencin, Dora Maar, André Masson, Henri Matisse, Dorothea Tanning and Gertrude Stein. 
Exclusively developed for the National Gallery of Victoria (NGV) by the Centre Pompidou and the Musée national Picasso-Paris, the exhibition features over 70 works by Picasso alongside over 100 works by more than 60 of his contemporaries, drawn from French national collections, as well as the NGV Collection
The Picasso Century will be on display from June 10 at NGV International, St Kilda Road, Melbourne. Exhibition organised by the Centre Pompidou, Paris, the Musée national Picasso-Paris, and the National Gallery of Victoria. 
For tickets and information, log on to www.visitmelbourne.com.

ECF Accelerator For Malaysian SMEs

Malaysia, May 11: The funding options for Malaysian SMEs and growth-stage businesses have now evolved beyond bank loans, grants, schemes, angel investors and venture capitalists. Equity Crowdfunding (ECF) is slowly gaining popularity as a new and viable way for local businesses to raise funds.
This is evident in Securities Commission Malaysia (SC) Annual Report 2021 which mentioned that the total ECF funds raised last year increased to RM221.63 million from RM 127.73 million in 2020.
To unravel its full potential, 1337 Ventures, together with Leet Capital introduced the ECF Accelerator Programme, a fundraising bootcamp with the goal of cultivating business founders to be well prepared and well rounded to raise funds via ECF.
The bootcamp recently concluded with its inaugural Demo Day, during which participants pitched to judges from prominent investment firms such as The Hive SEA, Tenggara Capital, Gobi Partners, Malaysia Debt Ventures, Kairous Capital, and Rosewood Capital, as well as Suresh Thiru, former CEO of SEEK Asia and seasoned angel investor.
Primarily open to Malaysian SMEs and growth-stage businesses, ECF Accelerator Programme is currently accepting applications for its June 2022 cohort. Register by 20th May 2022 by visiting www.1337.ventures/ecf-accelerator/

Final Pitch Seeks Investor Judges

Philippines, May 11:  Southeast Asia’s first business reality TV show designed to back and scale the region’s next unicorns, “The Final Pitch ASEAN (TFPA),” is searching for tycoons and business leaders to represent select Southeast Asian countries as investor-judges in the show.
After seven successful season runs in the Philippines, TFPA expands to the rest of the region and features high-growth startups and strategic investors from Southeast Asia. 
TFPA is looking for investor judges who can make investments in scale-up startups that want to expand to their home countries.
The business show is now on the lookout for representatives from Singapore, Philippines, Malaysia, Indonesia, Thailand, and Vietnam to be the face of their countries in the regionally aired show. 
The show will initially be selecting investor-judge candidates from each country within the next two months through a regional roadshow. 
To be considered as a TFPA  investor-judge, interested parties may email admin@dragonsnest.co, contact the show at +639176569215 or visit the website at  www.TheFinalPitchASEAN.com.

Stay Focus With Forest App

New York, May 12: Stay focused and be present with the Forest App that has recently collaborated with TinyTAN to launch its newest feature.
The productivity app that allows you to build a virtual forest and stay focused on your work, can now grow TinyTAN character trees!
Forest is the top productivity and focuses app in 136 countries with 40 million users worldwide.
The addition of the loveable BTS character TinyTAN adds a new entertaining component to the app and helps to encourage time management habits.
It works by allowing users to choose to put down their phone and close out of social media apps and instead, stay focused on the task at hand by planting a TinyTAN character tree in the app.
The Forest app is available for $3.99 and available for Apple and Google Play.

Introducing A New Airbnb

Kuala Lumpur, May 12: Now that the world is opening up, Airbnb has decided on introducing three new ways to facilitate travelling better.
The app would now include Airbnb Categories which is a new way to search that makes it easy to discover millions of homes you never knew existed, split Stays, a feature that provides more options for longer stays by splitting your trip between two homes and an insurance known as AirCover the includes comprehensive protection in travel for free with every stay.
“The way people travel has changed forever. That’s why we’re introducing the biggest change to Airbnb in a decade,” Brian Chesky, CEO and Co-Founder of Airbnb said.
“First, people are more flexible about where they live and work, so we’ve designed a new way to search with Airbnb Categories. Second, people are taking longer trips, so we created Split Stays to give you more options by splitting your trip between two homes. And third, we’re introducing AirCover for guests, giving you the confidence to book knowing that Airbnb’s got your back.” 
Read more here.

Cnergenz Berhad IPO Shares Oversubscribed 

Kuala Lumpur, May 13: Cnergenz Berhad is pleased to announce that the share allocation to the Malaysian public from its IPO has been oversubscribed by 40.32 times.
A total of 16,186 applications for 1,033,093,200 Issue Shares were received from the Malaysian Public, representing an oversubscription rate of 40.32 times.
A total of 9,089 applications for 376,239,100 Issue Shares were received under the Bumiputera category, representing an oversubscription rate of 29.10 times, whilst a total of 7,097 applications for 656,854,100 Issue Shares were received under the other Malaysian Public category, representing an oversubscription rate of 51.55 times.
Meanwhile, the total of 10,000,000 Issue Shares available for application by the Eligible Persons was fully subscribed.

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