Kuala Lumpur News

Yes Group Gets Nod for ACE Listing

Yes Group Management Berhad, operator of the Yes Travel brand and a MICE specialist in corporate incentive travel and event management, has received Bursa Malaysia Securities’ approval to list on the ACE Market.
The Kuala Lumpur-based group traces its roots to 2008, expanding from corporate event planning into domestic incentive travel in 2010 and overseas incentive travel in 2014. It now offers end-to-end MICE solutions backed by ISO 9001:2015-certified processes and its Yes Travel mobile app.
The IPO will comprise 137.80 million shares in total: a public issue of 91.87 million new shares and an offer for sale of 45.93 million existing shares. The new shares will be split between the Malaysian public, eligible directors and employees, and private placement to Bumiputera investors approved by MITI, while the offer for sale covers further Bumiputera placement and selected investors. Upon listing, the company’s enlarged issued share capital will reach 530.00 million shares.
Proceeds will fund the expansion of ground transportation services in Europe, a new UK regional office, the establishment of Yes Academy to train tour leaders and managers, working capital and listing expenses. Malacca Securities Sdn. Bhd. is acting as Principal Adviser, Sponsor, Underwriter and Placement Agent for the IPO.

Teacher Wins RM50,000 RISE Award

Taylor’s College has named Cikgu Muhammad Hafizu Aiman, a teacher from SK Pulat, Kelantan, as the winner of the RISE Educator Award 2026 for his work supporting Orang Asli Temiar students. He received RM5,000, while SK Pulat was awarded RM50,000 to support further development at the school.
Cikgu Hafizu was recognised for Rumah Belajar Tanpa Loceng, a self-directed learning programme he built as the Pos Pulat community faces relocation due to the Nenggiri Dam project. The initiative blends STEM, AI and digital skills with Temiar language and heritage through projects including Kampung AI dan Digital, the Digital Temiar Dictionary and AI Storybook Mathematics.
The award ceremony was attended by Education Minister Fadhlina Sidek and formed part of the RISE Educator Award & Conference 2026, which drew nearly 200 teachers and education advocates. Dewan Rakyat Speaker Tan Sri Dato’ Dr Johari Abdul delivered the keynote address on impactful teaching in an AI-driven world.
Four other finalists were recognised: Dr Zul Faizuddin Osman of SK Sungai Rual, Cikgu Mohamad Safuan Rozak of SK Desa Jaya, Cikgu Teh Zhen Kiat of SJK(C) Sungai Buloh, and Cikgu Veronica Francis of SMK St. Bernadette’s Convent, the award’s first female finalist. Each received RM1,000, with their schools awarded RM10,000 apiece.
The conference also featured a panel on human-centred education in a technology-enabled world, moderated by Star Media Group’s Dr Christina Chin, alongside Purpose-Led Educators Masterclasses for participating teachers.

Eco-Shop’s Colouring Contest Celebrates Merdeka

Eco-Shop closed Merdeka month with its “Raikan Seni Kita, Jiwa Bangsa” Colouring Contest, drawing close to 300 children to the Muhibbah Community Complex in Kuala Lumpur. Students from more than 15 primary schools across the city took part, colouring original artwork by creative collective Projek SembangSembang using Eco-Shop’s house-brand stationery, KREATI, alongside 44 children from participating welfare homes who joined the day’s activities.
Of the 252 contest participants, 55 students were named winners, comprising five top winners and 50 consolation winners. Cash prizes for the top five ranged from RM100 to RM1,500, with schools also receiving enhancement funding: SJK(C) Mun Choong and SK Seri Permaisuri received RM10,000 and RM5,000 respectively, SK Desa Petaling received RM3,000 and RM1,000 in vouchers for third and fourth place, and SK Kampong Bharu received RM500 in vouchers for fifth place. The 50 consolation winners each received an RM100 Eco-Shop voucher, while every participating school received an RM500 voucher.
Children from Pertubuhan Kebajikan Anak-anak Yatim dan Asnaf Qaseh Ibu and Suriana Welfare Society Malaysia also took part in the celebration, with their homes presented with contributions from Eco-Shop.
The contest marked the finale of Eco-Shop’s “Raikan Seni Kita, Jiwa Bangsa” campaign, which ran nationwide from 1 August to 30 September 2026 to mark Malaysia’s 69th Merdeka.

Pioneer Heat Posts Strong 1QFY2027

Pioneer Heat Holdings Berhad, a mechanical engineering services provider specialising in piping system engineering, announced unaudited results for its first quarter ended 30 June 2026, recording revenue of RM29.65 million and profit before tax of RM4.11 million. Profit after tax stood at RM2.83 million, with a gross profit margin of approximately 24.7%.
Mechanical engineering services remained the main revenue contributor at RM23.81 million, or 80.3% of revenue, while civil engineering projects contributed the remaining RM5.84 million, or 19.7%.
Wong Wei Ken, CEO and Executive Director of Pioneer Heat Holdings Berhad, said, “Our first reported quarterly results provide a clear view of the earnings contribution from our core mechanical engineering activities. We have built Pioneer Heat around technical capabilities that support industrial plants across new construction, maintenance, scheduled turnarounds, modifications and refurbishment works. As we approach our listing, our focus remains on disciplined project execution, service quality and building the capacity needed for the next phase of growth.”
The Group is expected to raise gross proceeds of RM21.68 million from its public issue, intended for a New Sendayan HQ and New Sarawak Office, additional machinery, working capital and listing expenses. Mr. Wong added, “The New Sarawak Office will bring us closer to opportunities in East Malaysia, while the New Sendayan HQ and additional machinery and equipment will strengthen our operating capacity and technical capabilities.”
Pioneer Heat is scheduled to list on the ACE Market of Bursa Securities on 17 September 2026, with Malacca Securities Sdn. Bhd. as Principal Adviser, Sponsor, Underwriter and Placement Agent.

Carsome Opens First Academy-Based Inspection Centre

Carsome Academy launched Malaysia’s first academy-based M.V.15 vehicle inspection centre in Sungai Buloh on September 14, 2026. The centre was officially opened by Transport Minister Anthony Loke Siew Fook.
The facility combines professional vehicle inspection services with Carsome Academy’s Technical and Vocational Education and Training (TVET) programme, training inspectors certified under Malaysian Skills Certificate (SKM) Level 3 for Motor Vehicle Inspection. It builds on Carsome’s decade-long track record of a 99% first-time pass rate for JPJ-compliant inspections.
Designed to ease congestion and limited inspection slots in the Klang Valley, the centre can handle up to 90 inspections a day, or roughly 2,300 a month, with results integrated directly into JPJ’s system and digital appointment booking available.
Carsome Academy CEO and Carsome Group co-founder Teoh Jiun Ee said: “Kepercayaan terhadap pemeriksaan kenderaan dibina atas kecekapan dan ketelusan. Pelancaran pusat ini mencerminkan komitmen kami untuk melahirkan pemeriksa berkemahiran, mengekalkan tahap pemeriksaan yang tinggi dan meningkatkan keyakinan terhadap proses pertukaran hak milik kenderaan.”
Minister Anthony Loke said: “Pembukaan pusat pemeriksaan M.V.15 ini merupakan satu perkembangan positif susulan liberalisasi perkhidmatan pemeriksaan kenderaan, yang memberikan pemilik kenderaan lebih banyak pilihan serta akses yang lebih luas kepada kemudahan pemeriksaan.”
The centre, located at Carsome Dealer Hub in Sungai Buloh, operates Monday to Friday, 8am to 5pm.