Kuala Lumpur News

Medella Unveils New Oil

Medella has launched Malaysia’s first Red Palm & Coconut Cooking Oil, a 50/50 blend rich in antioxidants, vitamins A and E, and healthy fatty acids. The premium oil, developed through a non-chemical process, is designed for high-heat cooking and is now exclusively available at Jaya Grocer outlets nationwide.
“Malaysians are no stranger to red palm oil and coconut oil, and these two oils are incredibly versatile and well-suited to local cooking styles,” said Edwin Ong, CEO of Medella.
Each 15g serving delivers 4.5g of MCTs, 3.75mg of vitamin E, and 1.13mg of provitamin A, making it a nutrient-dense option for everyday cooking. The oil is halal-certified and free from chemicals, solvents, additives, and trans fats.

Hektar REIT’s Solar Move

Hektar Real Estate Investment Trust (Hektar REIT) has partnered with Samaiden Group Berhad to implement solar photovoltaic (PV) systems across five of its shopping centres under a zero-capex model, aiming to reduce electricity costs and carbon emissions. The initiative is projected to generate energy cost savings of approximately RM41.3 million over 20 years while preventing an estimated 98,640 tonnes of carbon emissions. This sustainability initiative aligns with Malaysia’s renewable energy goals and reinforces Hektar REIT’s commitment to ESG-led innovation in the real estate sector.

Hexagon Unveils MAESTRO

Hexagon’s Manufacturing Intelligence division has launched MAESTRO, a next-generation coordinate measuring machine (CMM) designed to enhance speed, precision, and connectivity in manufacturing environments. MAESTRO features a digital-first architecture, integrating sensors, a single-cable system, and cloud-powered software to streamline workflows and reduce inspection lead times. Built to scale, the modular platform is ideal for industries requiring stringent quality control, including aerospace and automotive. With capabilities such as rapid calibration, intuitive user interfaces, and seamless integration with Hexagon’s Nexus ecosystem, MAESTRO aims to optimise production efficiency while meeting rising quality demands.

Alibaba Cloud’s Green AI Push

Alibaba Cloud has released a new whitepaper titled Driving Sustainability with AI: A Guide to Partnering with Technology Service Providers, outlining strategies for businesses to align digital infrastructure with sustainability goals.
Based on insights from 1,300 business leaders across Asia, Europe, and the Middle East, the report emphasises AI and cloud computing as critical tools for achieving sustainability outcomes, with 76 per cent of respondents citing them as essential.
The whitepaper highlights five strategic actions, including linking AI adoption with sustainability KPIs, partnering with green tech providers, and embracing open-source AI models to reduce costs and environmental impact. The report also features case studies, such as Alibaba Cloud’s work with Covestro and Japanese AI start-up Lightblue, showcasing how AI-powered platforms are already driving sustainability across industries.

AVC Launches Shariah Fund

Asia Vision Capital Sdn. Bhd. (AVC), a licensed venture capital firm regulated by the Securities Commission Malaysia, has launched QJBCCI PLT, a Shariah-compliant real estate fund offering accredited investors structured access to the Quayside JBCC development in the Johor-Singapore Special Economic Zone (JS-SEZ). The fund complements AVC’s conventional real estate fund, QJBCCA PLT, launched earlier in January.
Targeting to raise up to RM 300 million, both funds provide investors with quarterly dividends and redemption options after a five-year lock-in period, with oversight by TMF Group as trustee and Tawafuq Consultancy as Shariah adviser.
The development, spearheaded by Bangsar Heights Pavilion (BHP), includes premium residences managed by Oakwood by Ascott and hotel rooms under Hyatt Place, slated for operation by 2027/2028. Quayside JBCC has garnered multiple accolades, including four wins at the 2024 PropertyGuru Asia Awards Malaysia, further establishing its position as a premier mixed-use development in Johor’s growing financial and digital hub.