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 we received from Jan 1 till the end of the week. This article updates throughout the week.
Minetech Appoints New Chairman
Kuala Lumpur, Jan 3: Minetech Resources Berhad has appointed Encik Abang Abdillah Izzarim Abang Abdul Rahman Zohari as their new Executive Chairman.
With a background in aviation cargo operations and experience on the boards of Berjaya Land Berhad and Sarawak Consolidated Industries Berhad, Encik Abang Abdillah is recognized for his hands-on leadership and business acumen.
Holding 15.58 per cent of Minetech, amounting to 240 million shares, his investment reflects a strong belief in the company’s potential.
Matt Chin, Executive Director of Minetech, expresses optimism about the new Chairman’s diverse experience and entrepreneurial spirit, anticipating growth, especially in the Sarawak region.
Encik Abang Abdillah is excited to join Minetech, seeing great potential for growth in Malaysia and the broader Asian region.
His appointment is expected to drive new growth opportunities and strengthen Minetech’s industry position.
As of today, Minetech’s share price closed at RM0.175, with a market capitalisation of RM269.9 million.
Adyen Elevates Frasers Hospitality
Sydney, Jan 4: Adyen, a global financial technology platform, has partnered with Frasers Hospitality to enhance guest experiences in Singapore, Malaysia, Australia, and Europe.
This collaboration introduces seamless payment processes across Frasers Hospitality’s services, including web, check-in, and F&B. Guests can now enjoy faster check-ins and a variety of payment options, including major credit cards and local methods like Alipay and GrabPay.
Mark Chan, COO of Frasers Hospitality, highlights the importance of comfort and convenience for guests, while Hayley Fisher of Adyen emphasizes the benefits of their data-rich, integrated solutions for enhancing customer engagement.
Adyen’s integration simplifies operational processes, such as night audits, by automatically recording transactions, aiding in better management of occupancy fluctuations.
MR D.I.Y. Celebrates Love
Kuala Lumpur, Jan 5: In celebration of the Lunar New Year, Malaysia’s beloved home improvement retailer, MR D.I.Y., has launched its “Wo Ai Ni [I Love You]” Chinese New Year initiative.
The campaign, featuring over 90 special festive items and 120 discounted products, aims to enhance the festive spirit with a focus on love and family reunions.
Alex Goh, MR D.I.Y. Group’s Head of Marketing, emphasized the importance of love during the Lunar New Year and the brand’s commitment to making family reunions special.
The “Wo Ai Ni” initiative is not just about discounts and festive items but also includes a range of activities and a special website for Malaysians to share “I Love You” messages with loved ones.
MR D.I.Y. is also set to premiere its CNY webfilm titled “Wo Ai Ni,” continuing a recent tradition.
The festive product range includes hair accessories, festive-themed earrings, and home decorations to welcome the Dragon Year.
Shoppers can also find red packets, gift bags, and boxes, along with a pair of 80cm lanterns for RM88.
Additionally, customers spending a minimum amount at MR. D.I.Y. and MR. TOY, or at MR. DOLLAR stores, will receive complimentary limited edition red packets.
For a complete list of festive items and discounts, go here.
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