Kuala Lumpur News

In the latest installment of Kuala Lumpur News: FedEx releases e-commerce handbooks for SMEs in China and Japan; Qualcomm Technologies becomes Manchester United’s new shirt partner; and Accrelist acquires a 28.53 per cent stake in MClean Technologies to drive growth in electronics and semiconductor sectors under Datuk Dr. Terence Tea Yeok Kian’s leadership.

FedEx Launches E-commerce Guides

Federal Express Corporation (FedEx), one of the world’s largest express transportation companies, has released two cross-border e-commerce handbooks to aid small and medium-sized enterprises (SMEs) in engaging with consumers in China and Japan.
China and Japan, the largest markets in the Asia Pacific region, offer significant opportunities for SMEs. To navigate these markets effectively, businesses must understand the unique digital landscapes, consumer preferences, and logistics requirements.
FedEx, leveraging its extensive experience in these markets, developed the handbooks available on its website. Each e-book provides:

• A geographic overview of consumer landscapes for targeted business strategies.
• Key e-commerce product categories to identify competition and underserved sectors.
• Profiles of local e-commerce platforms to maximize online presence.
• Insights into consumer habits and marketing strategies like livestreaming and social commerce.
• Information on peak shopping seasons and local payment and delivery preferences.

Kawal Preet, president Asia Pacific, FedEx, emphasized the importance of local insights for successful market entry. “Finding new customers in international markets is a smart approach for SMEs wanting to drive consumer and revenue growth. Digital channels lower the barriers for market entry, but the best business strategies are underpinned by smart, local market insights. That’s critical in sectors like e-commerce which move incredibly quickly.”
FedEx offers end-to-end e-commerce solutions, integrating with major marketplaces like eBay and BigCommerce. Recent enhancements to its Ship Manager platform streamline order fulfillment, while a network of 260,000 smart lockers and communication options via WeChat and WhatsApp enhance delivery convenience.

For more details, download the e-books here:

• Tapping into cross-border e-commerce in China and Japan

Manchester United’s New Partner

Qualcomm Technologies, Inc. has been unveiled as Manchester United’s new principal shirt partner for both the men’s and women’s teams for the 2024/25 season, featuring the Snapdragon® brand on the home, away, and third kits. This expands their existing collaboration, with Snapdragon processors found in over 3 billion devices globally.
The new home kit, launched by Adidas, will debut during the men’s pre-season tour, including a match against Real Betis at the Snapdragon Stadium on 31 July. A launch video featuring Eric Cantona highlights the partnership’s creative and emotional connection.
Fans can access an augmented reality experience by scanning the Snapdragon logo on the kit, offering exclusive content throughout the season.
Manchester United CEO, Jean-Claude Blanc, expressed excitement about the new partnership and the innovative fan experiences it will bring. Don McGuire, Qualcomm’s Senior VP and CMO, emphasized the opportunity to elevate the Snapdragon brand through Manchester United’s global fanbase.

Accrelist Acquires MClean Stake

Accrelist Ltd. (“Accrelist”) has completed the acquisition of a 28.53 per cent equity stake in MClean Technologies Berhad (“MClean Technologies” or the “Company”) through its wholly-owned subsidiary, Accrelist Crowdfunding Pte. Ltd. This strategic acquisition is set to propel MClean Technologies’ growth under the leadership of Datuk Dr. Terence Tea Yeok Kian, Executive Chairman and Managing Director of Accrelist.
MClean Technologies, headquartered in Singapore, is a key player in the electronics and semiconductor products cleaning solutions industry, offering services such as surface treatment, precision cleaning, sterile, and packaging services. The Company operates in Malaysia, Singapore, and Thailand, serving industries including Hard Disk Drive (HDD), consumer electronics, and oil & gas.
Datuk Dr. Terence Tea Yeok Kian, who holds a Ph.D. in Business Administration from Honolulu University and a Diploma in Electronics and Electrical Engineering from Singapore Polytechnic, brings extensive experience in managing and growing companies in the electronics and manufacturing sectors. His leadership has also transformed Accrelist into a leading provider of innovative medical aesthetic solutions.
“We are excited about the completion of our investment in MClean Technologies Berhad. The Company has a strong foundation and a dedicated team, and I am confident the Company can achieve significant milestones and create long-term value for shareholders. I look forward to being a part of MClean’s future growth, particularly the prospect of the Company’s HDD solutions, especially in Malaysia and Thailand, where demand for high-quality precision cleaning services is growing rapidly,” said Datuk Dr. Terence Tea Yeok Kian.
Following this acquisition, Jubilee Industries Holdings Ltd., a subsidiary of Accrelist, can leverage the strengths of both companies to create cross-selling opportunities and enhance their customer base. This collaboration is expected to drive growth and provide comprehensive solutions to a broader market, solidifying their presence in the electronics and semiconductor sectors.
As of today, the share price of MClean Technologies closed at RM0.425, representing a market capitalisation of RM83.8 million.