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MALAYSIA’S NATIONAL INTER-SCHOOL AND YOUTH MUAY THAI CHAMPIONSHIP 2019

POSTED ON February 22nd  - POSTED IN Press Release

Malaysia’s National Inter-School and Youth Muay Thai Championship 2019

 

Martial arts enthusiasts, head over to the South City Plaza, Seri Kembangan to catch the Malaysia’s National Inter-School and Youth Muay Thai Championship 2019 happening from 22 to 24 Feb, 10am to 6pm at the mall’s concourse area.

 

Organised by the Malaysia Muaythai Association affiliated with the Ministry of Youth and Sports (KBS), the event aims to promote Muay Thai as a form of self-defence but also to help youths build up confidence and self-esteem, develop discipline and encourage an all-round fit and healthy lifestyle.

 

Come watch over 300 students and youths from all around Malaysia, aged between 8 to 21, battle it out and vie for cash prizes of up RM3,000 and the title of the National “Best Boxer” this weekend.

 

For more details , visit https://muaythaimalaysia.rsportz.com/

  

-ENDS-  

 

PRICEWORTH GETS EXTENSION FOR FMU5 ACQUISITION

POSTED ON February 21st  - POSTED IN Press Release

PRICEWORTH GETS EXTENSION FOR FMU5 ACQUISITION

 

KOTA KINABALU, 21 FEB 2019: PRICEWORTH International Bhd has obtained an extension to 21 April 2019 to make the first part-payment of RM40 million for its acquisition of Forest Management Unit 5 (FMU5).

 

The sustainable forest management group today signed a supplemental letter to extend the date with vendor Transkripsi Pintar Sdn Bhd in respect of the October 2016 sale and purchase agreement to buy FMU5, a 88,920 ha forest management concession in Sabah.

 

“We appreciate the vendor’s understanding and patience, and for extending the deadline. We are also hopeful that the authorities will give their approval to resume operations soon,” said executive director Richard Koo.

 

Priceworth is acquiring FMU5 through its Singapore subsidiary GSR Pte Ltd, which will also be acquiring sister company Sinora Sdn Bhd, Priceworth’s plywood manufacturing arm. Priceworth also plans to list GSR on the Singapore Exchange (SGX).

 

For more details, please refer to the company’s announcement to Bursa Malaysia at http://www.bursamalaysia.com/market/listed-companies/company-announcements/

 

-ENDS-

 

About Priceworth International Berhad:

 

Priceworth International Berhad (previously known as Priceworth Wood Products Berhad) is an investment holding company based in Sandakan, Sabah.  Incorporated since 1992 and listed on Bursa Malaysia in 2001, its subsidiaries’ primary businesses include manufacturing and trading of processed wood products, timber extraction and wood processing services.

 

Priceworth International Berhad as a fully integrated timber company moved into sustainable forest management since 2009 and continues its transformation into a supplier of sustainable, renewable timber.

 

EOS SYSTEMS APPOINTED OFFICIAL WECHAT PAY (MYR) MERCHANT ACQUIRER PARTNER BY HONG LEONG BANK

POSTED ON February 20th  - POSTED IN Press Release

EOS_Photo1_20190220-712926

EOS_Photo2_20190220-714925

Photo 1 : From left to right: Leong Khai Ric, Chief Executive Officer of EOS Systems; Charles Sik, Managing Director of Personal Financial Services of Hong Leong Bank; Albert Tho, Head of E-Commerce & Project Management of Hong Leong Bank and Benjamin Lim, Business Development Director of EOS Systems

Photo 2 : From left to right: Charles Sik, Managing Director of Personal Financial Services, Hong Leong Bank and Leong Khai Ric, Chief Executive Officer of EOS Systems.


 

EOS SYSTEMS APPOINTED OFFICIAL WECHAT PAY (MYR) MERCHANT ACQUIRER PARTNER BY HONG LEONG BANK

 

KUALA LUMPUR , 20 February 2019 – EOS Systems Sdn Bhd (EOS Systems) recently became the first official merchant acquirer appointed by Hong Leong Bank Berhad (HLB) for WeChat Pay, a cashless payment system for online and in-store transactions within China’s top messaging app, WeChat.

 

EOS Systems also provides both online and offline WeChat marketing services and solutions that help transform the way Malaysian companies market themselves through their WeChat Official Accounts (OA) to both local and international consumers.

 

“As the first WeChat Pay merchant acquirer for Hong Leong Bank in Malaysia, EOS Systems is now in a unique position in supporting the HLB’s digital aspirations by delivering marketing services and digital solutions to help grow local businesses at an accessible cost,” said Leong Khai Ric, Chief Executive Officer of EOS Systems, an IT and marketing services company.

 

“As demand continues to grow for cashless transactions, so will the number of retail transactions passing through this platform. We believe that strong presence on WeChat gives local retailers a cost-effective method of having greater exposure to a wider market. Enabling WeChat pay allows them to capture this potential,” he added.

 

Usage of both RMB Cross-Border payments which mainly cater to tourists from China as well as for local WeChat Pay (MYR) transactions are on the upwards trend, spurred by the ease of use, availability of RM WeChat Wallet and WeChat popularity among younger consumers.

 

In Malaysia, there are more than 20 million active users, of whom more than 85 percent are aged between 18 and 35.

Malaysia is the first country outside of China and Hong Kong where WeChat Pay users could use local currency for payment, and HLB’s customers were the first users outside of those jurisdictions to be able to link their debit cards to the e-wallet for local transactions.

 

EOS Systems provides all-in-one payment terminals and systems to merchants for online and retail outlet transactions. It also provides marketing services to help merchants who are tapping on the huge pool of WeChat users in Malaysia through a one-stop platform for marketing, promotions and loyalty programmes.

 

EOS Systems provides back-end services from the creation of merchants’ OAs, to OA customisation and the development of “mini-programmes”, enabling merchants with an effective centralised customer engagement platform. OAs operate as merchants’ and brands’ official presence on WeChat and are used to interact with consumers.

 

By partnering with Hong Leong Bank, as a leader in the digital banking space and pioneer in the WeChat Acquiring business in Malaysia, EOS System is in an advantageous position to further enhance cashless payment initiatives within the local retail industry.

For more information, visit EOS Systems at https://eos-systems.net/

 

-ENDS-  

 

SECOND STRAIGHT YEAR OF PROFIT FOR DAMANSARA REALTY

POSTED ON February 20th  - POSTED IN Press Release

SECOND STRAIGHT YEAR OF PROFIT FOR DAMANSARA REALTY

 

KUALA LUMPUR, 20 February 2019: Damansara Realty Berhad (DBhd or the Group) posted a 9.4 percent jump in net profit to RM19.5 million for the year ended 31 December 2018, driven largely by strong organic growth in its Integrated Facilities Management (IFM) segment.

 

DBhd’s revenue for the year jumped 21.9 percent to RM304.13 million from RM249.48 million in the previous year. Its pre-tax profit rose 32.9 percent to RM25.41 million and operating profit rising 29 percent to RM26.67 million.

 

After adjusting for a one-off expenses incurred for corporate exercises last year, its operational profit jumped more than 300 percent to RM20.67 million in 2018, against RM6.57 million in 2017. DBhd reported non-recurring other income of RM27.21 million in 2017, largely arising from its Johor property development projects, compared to RM5.99 million in 2018.

 

“The strong rise in our recurring income is an attestation of our own ability to generate better quality earnings built on healthy organic growth, as we continue to shift our business focus to high-growth markets and higher-margin projects,” said DBhd’s Group Managing Director, Ts. Brian Iskandar Zulkarim.

 

“Having a range of recurring income streams have buffered the impact of the soft property market, with IFM being the main driver of sustainable profit and organic growth,” he added.

 

“Moving forward, we will be focusing on expanding our IFM capabilities in technology and innovation, to enable our customers to improve efficiency, productivity and automation while managing rising manpower costs,” said Ts. Brian.

 

DBhd has been systematically streamlining its operations to optimise resources and capital to generate better margins and returns, exiting niche markets and low margin operations. At the same time, it is expanding its Project Management & Consultancy (PMC) segment by pairing it with the Property & Land Development (PLD) segment to target specialised projects such as hospital and medical centre development.

 

“Combining strengths with PLD to expand our consultancy services beyond the healthcare sector and broaden our specialty in the areas of construction and hospital management will diversify income streams as well as support the Group’s property projects,” he added.

 

For the fourth Individual quarter ended 31 December 2018, DBhd saw a net profit of RM14.88 million on revenue of RM82.3 million.

 

*Ts. stands for the title of ‘Certified Professional Technologist’ awarded by the Malaysia Board of Technologists (MBOT).

 

-Ends-

HONG LEONG BANK CHINESE NEW YEAR 2019 CAMPAIGN (Mandarin Version)

POSTED ON January 31st  - POSTED IN Press Release

HL CNY

Photo Caption: 

Photo 1 : 豐隆银行个人金融服务部董事经理石万锦(Charles Sik)(左)以及

豐隆银行集团董事经理兼首席执行员Domenic Fuda(右)

 

Hong Leong Bank CNY campaign video link : https://www.youtube.com/watch?v=2lxYDEfHdcU&t=27s

 

豐隆银行今年新春将送出

超过1800万令吉的奖品奖金给消费者

豐隆银行一年之计在于春农历新年特备活动推出各种互动环节及促销优惠

鼓励马来西亚人为建立强大的经济基础迈出第一步

 

(吉隆坡131 日讯)一元复始,万象更新!虽然在新春佳节办年货、换新装是一种惯例,但是在新年伊始,储蓄也是传统习俗。有鉴于此,豐隆银行隆重推出新春特备活动一年之计在于春(Good Things Begin in Spring)并送出超过1800万令吉的奖品奖金给消费者,特别是给予那些为建立强大经济基础而迈出第一步的人,以便他们在未来能够实现自己的梦想。

 

豐隆银行集团董事经理兼首席执行员Domenic Fuda指出,这项活动不只是符合华人传统文化,那就是一年之计在于春,同时也符合豐隆银行的长期宣传活动——”为梦想播种”(Seeding Dreams),即鼓励人们尤其是年轻人培养储蓄习惯,及早理财,建立强大的经济基础 。

 

“农历新年不只是一个佳节庆典。它是人们为梦想播种的大好时机,尤其是为他们个人和挚爱建立一个稳固的经济基础。事实上,在立春存钱也是马来西亚人的习惯。我们希望透过这个传统习俗来鼓励马来西亚人在这个新春佳节开始为梦想播种,善用我们的金融产品和服务以及诱人的促销和超过1800万令吉的奖品奖金。”

 

为了生动地传达这个讯息,豐隆银行也推出一部温馨贺岁微电影《还债》(Pay Back Time)。影片讲述一位母亲要求女儿在上班之后必须给家用 。但是,女儿并不知道原来母亲悄悄地把这笔钱存在银行帮她储蓄,为她的未来打造稳健的经济基础。

 

豐隆银行个人金融服务部董事经理石万锦(Charles Sik)说:”豐隆银行希望培养年轻人健康的理财习惯,鼓励他们及早为梦想做好准备。 俗语说’一年之计在于春,一日之计在于晨’。 不管你是为自己还是为挚爱储蓄,我们希望您在新年伊始就做出一个正确的选择,为建立强大的经济基础踏出第一步,因为豐隆银行在今年的农历新年推出了各种令人欣喜万分的促销活动。 ”

 

从1月22日至2月22日, 豐隆银行会配合一年之计在于春活动而推出多项消费者和企业银行促销,包括特别利率及回扣。一些主要的消费者促销包括:

 

  • 开设一个豐隆银行薪资户口/-I 。每月固定存款并享受高达RM280的现金奖励。
  • 定期存款年利率30%p.a. 。
  • 佳节期间的花费将享有奖励和现金回扣:
    • 申请并使用新的豐隆银行信用卡来购买杂货并获得高达RM188 的现金回扣
    • 使用豐隆银行信用卡或借记卡连续3天将获得8%的现金回扣

 

针对年幼的消费者,豐隆银行也推出了令人欣喜的数码互动环节:

 

  • 电子红包– 采取无现金方式轻松发红包, 每日会有8位幸运儿有机会赢取RM8,888的奖金
  • 扩增实境(AR)滤镜– 制作专属于你的新春祝福视频并转发至社交媒体,你就有机会赢取网上购物礼券
  • 豐隆银行Connect CNY BLOOM 游戏– 轻松玩游戏,赢取丰富奖品

 

欲知更多促销详情,欢迎浏览www.hlb.com.my/cny

 

 

 

About Hong Leong Bank Berhad

For further information, please visit www.hlb.com.my or contact:

Vivian Tan

Corporate Communication & CSR

DID: +6032081 8888 Extn 61914

Email: [email protected]

Christine Wong

Corporate Communication & CSR

DID: +6032081 8888 Extn 61923

Email: [email protected]

HONG LEONG BANK REWARDS CONSUMERS WITH OVER RM18 MILLION GIVEAWAYS THIS CNY

POSTED ON January 29th  - POSTED IN Press Release

HL CNY

Photo 1 : Left to Right: Mr. Charles Sik, Managing Director of Personal Financial Services and Mr. Domenic Fuda,Group Managing Director and Chief Executive Officer of Hong Leong Bank.

 

Hong Leong Bank CNY campaign video link : https://www.youtube.com/watch?v=2lxYDEfHdcU&t=27s

 


HONG LEONG BANK REWARDS CONSUMERS WITH OVER RM18 MILLION GIVEAWAYS THIS CNY

 

Hong Leong Bank’s Good Things Begin in Spring CNY campaign to spur Malaysians into taking the first step in seeding a strong financial foundation for their future with exciting engagements and promotions

 

Kuala Lumpur, 29 January 2019: While it’s common to start the Lunar New Year with buying or obtaining new things to signify a new beginning, andspending money on auspicious celebrations and festivities to usher in prosperity, starting the year with savings is also a well-practiced tradition.With that in mind, Hong Leong Bank Berhad (‘HLB’ or ‘the Bank’) has launched its Chinese New Year campaign Good Things Begin in Spring with over RM18 million worth of giveaways to reward consumers who take the first steps towards building a stronger financial foundation today so that they can achieve their dreams tomorrow.

 

Domenic Fuda, Group Managing Director and Chief Executive Officer of HLB said that the campaign is not only in tune with the Chinese belief that the Lunar New Year or Spring Festival is a time to start early planning for a great year ahead, but also in line with the Bank’s long-term campaign, ‘Seeding Dreams’ which promotes the cultivation of a savings habit and early planning for a stronger financial foundation for the future especially amongst the younger generations.

 

“Chinese New Year is more than just a celebration of a new lunar calendar; it is an auspicious period for people to start seeding their dreams for the future, especially when it comes to ensuring a solid financial foundation for themselves and their loved ones. In fact, saving and depositing cash on Li Chun, the beginning of Spring is a popular practice amongst Malaysians. Leveraging on this great tradition, we want to encourage Malaysians to take the opportunity to start seeding their dreams through our financial products and services, sweetened by a range of attractive promotions and rewards of more than RM18 million,” added Fuda. 

 

To bring the campaign message to life, HLB has also introduced its heart-warming Chinese New Year brand film, entitled ‘Pay Back Time’, showcasing a mother who expects her daughter to start contributing back to the household once she starts working. Unbeknownst to the daughter, her monthly cash contribution was her mother’s way to apportion some savings to help her build a stronger financial foundation for the future.

 

HLB hopes to promote the cultivation of healthy financial habits especially amongst the younger generations in seeding their dreams as early as possible. “There is an old Chinese saying that goes, “A year’s plan starts with spring; a day’s plan starts with early morning “. Whether you are saving for yourself or your loved ones, we hope you take the opportunity to start the year right by taking that first step towards securing a stronger financial foundation especially with the exciting promotions that the Bank has lined up for this Chinese New Year,” said Charles Sik, Managing Director, Personal Financial Services of HLB.

 

Under the Good Things Begin in Spring campaign, HLB will roll out a series of consumer and business banking promotions which include special rates and rebates from January 22nd till February 28th. Some of the key promotions for consumers include:

 

  • Opening of new salary account/-i with HLB. Make consecutive monthly deposits and get rewarded with up to RM280 cash.
  • FD 4.30%p.a.
  • Rewards and cashback for your festive spending :   
  • Apply and spend on a new HLB credit card and get cashback up to RM188 on your groceries
    ØUse any HLB credit or debit card for 3 consecutive days and get 8% cashback

 

Catering to the younger customer segment, HLB has also come up with exciting digital engagement including:

  • E-Angpow – go cashless and send angpows with ease and 8 winners stand to win RM8,888 daily
  • AR Filters – create your own CNY greetings and share it on social media and stand to win online shopping e-vouchers
  • Hong Leong Connect CNY BLOOM Game – play the game for fantastic prizes    

 

For more information on all these exciting promotions, please visitwww.hlb.com.my/cny

 

-END-

 

About Hong Leong Bank Berhad

 

For further information, please visit www.hlb.com.my or contact:

Vivian Tan

Corporate Communication & CSR

DID: +6032081 8888 Extn 61914

Email: [email protected]

Christine Wong

Corporate Communication & CSR

DID: +6032081 8888 Extn 61923

Email: [email protected]

HONG LEONG BANK SEEDING DREAMS OF PROSPERITY WITH ‘GOOD THINGS BEGIN IN SPRING’ CAMPAIGN, REWARDING CONSUMERS WITH MORE THAN RM18 MILLION WORTH OF GIVEAWAYS THIS CNY

POSTED ON January 29th  - POSTED IN Press Release

HL CNY

Photo Caption: 

Photo 1 : Left to Right: Mr. Charles Sik, Managing Director of Personal Financial Services and Mr. Domenic Fuda,Group Managing Director and Chief Executive Officer of Hong Leong Bank.

 


HONG LEONG BANK SEEDING DREAMS OF PROSPERITY WITH ‘GOOD THINGS BEGIN IN SPRING’ CAMPAIGN, REWARDING CONSUMERS WITH MORE THAN RM18 MILLION WORTH OF GIVEAWAYS THIS CNY

 

Kuala Lumpur, 29 January 2019: For thousands of years, the Chinese usher in the Lunar New Year, also known as the Spring Festival with a firm belief that “a year’s plan starts with spring; a day’s plan starts with early morning” (一年之计在于春, 一日之计在于晨). In line with this, Hong Leong Bank Berhad’s (‘HLB’ or ‘the Bank’) has launched Good Things Begin in Spring with over RM18 million worth of giveaways to reward consumers who take the first steps towards building a stronger financial foundation today so that they can achieve their dreams of tomorrow.

 

Domenic Fuda, Group Managing Director and Chief Executive Officer of HLB said that the campaign is not only in tune with the Chinese belief that the Spring Festival is a time to start early planning for a great year ahead, but also in line with the Bank’s long-term campaign, ‘Seeding Dreams’ which promotes the cultivation of a savings habit and early planning for a stronger financial foundation for the future especially amongst the younger generations.

 

“Chinese New Year is more than just a celebration of a new lunar calendar; it is an auspicious period for people to start seeding their dreams for the future, especially when it comes to ensuring a solid financial foundation for themselves and their loved ones. In fact, saving and depositing cash on Li Chun, the beginning of Spring is a popular practice amongst Malaysians. Leveraging on this great tradition, we want to encourage Malaysians to take the opportunity to start seeding their dreams through our financial products and services, sweetened by a range of attractive promotions and rewards of more than RM18 million,” added Fuda.

 

To bring the campaign message to life, HLB has also introduced its heart-warming Chinese New Year brand film, entitled ‘Pay Back Time’, showcasing a mother who expects her daughter to start contributing back to the household once she starts working. “In many Asian families, parents expect their children to give a portion of their earnings to them as soon as they start working, not as a payment for their years of care and parenting, but as a way to apportion some savings for their children to help them build a stronger financial foundation because they know savings are not always prioritized,” said Zalman Zainal, Chief Marketing and Communication Officer of HLB.

“With this brand film, we see how the love and wisdom of Ah Girl’s parents in helping her save some of her salaries from the start of her career have helped her to capitalize on opportunity when it presented itself. Hopefully, more consumers can take that first step towards cultivating the habit of savings, whether for themselves or for their loved ones and take advantage of the exciting promotions that the Bank has lined up for this Chinese New Year,” added Zalman.

Under the Good Things Begin in Spring campaign, HLB will roll out a series of consumer and business banking promotions which include special rates and rebates from January 22nd till February 28th. Some of the key promotions for consumers include:

  • Opening of new salary account/-i with HLB. Make consecutive monthly deposits and get rewarded with up to RM280 cash.
  • FD 4.30%p.a.
  • Rewards and cashback for your festive spending:
    • Apply and spend on a new HLB credit card and get cashback up to RM188 on your groceries
    • Use any HLB credit or debit card for 3 consecutive days and get 8% cashback

Catering to the younger customer segment, HLB has also come up with exciting digital engagement including:

  • E-Angpow – go cashless and send angpows with ease and 8 winners stand to win RM8,888 daily
  • AR Filters – create your own CNY greetings and share it on social media and stand to win online shopping e-vouchers
  • Hong Leong Connect CNY BLOOM Game – play the game for fantastic prizes

 

For more information on all these exciting promotions, please visit www.hlb.com.my/cny

 

-END-

 

About Hong Leong Bank Berhad

For further information, please visit www.hlb.com.my or contact:

Vivian TanCorporate Communication & CSRDID: +6032081 8888 Extn 61914Email: [email protected] Christine WongCorporate Communication & CSRDID: +6032081 8888 Extn 61923Email: [email protected]

ECOFIRST FIRST HALF REVENUE UP 20 PERCENT

POSTED ON January 25th  - POSTED IN Press Release

ECOFIRST FIRST HALF REVENUE UP 20 PERCENT, AND 14 PERCENT RISE IN CORE OPERATING INCOME

 Aims to Expand its Property Development Projects

 

KUALA LUMPUR, 25 January 2019:  PROPERTY group EcoFirst Consolidated Bhd (EcoFirst) posted a 20 percent jump in revenue to RM102 million for the first half ended 30 Nov 2018, reflecting progress at its RM606.8 million Liberty project at Ampang Ukay which also boosted its core operating income.

It recorded a lower first half profit after tax of RM8.7 million, against RM35.3 million for the first half of 2017 which included RM28.4 million of gains from the compulsory acquisition of land for the Sg Besi Ulu Kelang Elevated (SUKE) Expressway.

 

Excluding gain from the compulsory acquisition, EcoFirst posted a 14 percent rise in core operating income to RM14.5 million, against RM12.7 million in the first half of 2017.

“The increase in our core operating income reflects our improving ability to generate organic growth,” said Dato’ Tiong Kwing Hee, EcoFirst Group Chief Executive Officer. “Liberty is progressing well according to schedule and we’re on track to meet its full completion in November 2019.”

 

Meanwhile, EcoFirst is broadening its development activities beyond Ampang Ukay, with a joint venture with the Penang-based Lone Pine group which developed the award-winning One Tanjong luxury seafront condominium in Tanjung Bungah.

 

EcoFirst in December 2018 proposed to acquire a 70 percent stake in the Lone Pine group’s Geo Valley Sdn Bhd, which is developing a RM1.25 billion GDV mixed residential and commercial project in Paya Terubong.

 

“While Ampang Ukay will remain the prime mover in EcoFirst’s growth over the long term, our strategy is to partner reputable and well-known brands such as the Lone Pine group for more impact over the short and medium term,” said Tiong. “We are assessing a number of other projects in the Klang Valley that will boost EcoFirst’s bottom-line in the next two to three years. We will make the necessary announcement once the deals are concluded in accordance to the Bursa listing guidelines.”

 

For the second quarter, EcoFirst posted a 42 percent rise in revenue to RM57.2 million, from RM40.4 million before. Its profit after tax fell to RM4.1 million the three months ended 30 Nov 2018, from RM29.6 million before which included the gains from the SUKE compulsory acquisition.

 

 

-Ends-

 

About EcoFirst Consolidated Bhd

Established in 1973, EcoFirst Consolidated Bhd is a public listed company with core businesses in property development, property investment holding and property management. Steadfast in delivering its projects, EcoFirst revived and completed its 1Segamat Mall, the first and only commercial complex in Segamat. Its South City Plaza in Sri Kembangan is now home to Malaysia largest digital devices accessories outlet and china products centre whilst transforming into an edu-mall completed with student-housing apartment, The Academia. It has also developed Kondominium Kelab Golf previously known as Upper East @ Tiger Lane, a luxury condominium project in Ipoh, Perak and has acquired a substantial land bank in the Klang Valley. For more information, please visit http://www.ecofirst.com.my/

 

About Ampang Ukay Development

A metropolitan under construction, Ampang Ukay is envisioned to be the little Hong Kong of Kuala Lumpur, offering retail convenience, quality amenities, pedestrian and bicycle-friendly environments, vibrant nightlife, and a strong neighbourhood character. The township borders Ampang, a prime district within Kuala Lumpur and its bustling neighbourhood, Ulu Klang. Conveniently located only 7 minutes away from Kuala Lumpur City Centre and 12 minutes to major areas such as Hartamas, Damansara and major highways, Ampang Ukay offers multiple access points and endless connectivity to its residents. This massive undertaking is intended to make available a series of successive developments bringing superior quality residential and commercial offerings that will transform Ampang Ukay towards a new-age dimension; at the best value in this prestigious part of town. For more information, please visit http://ampangukay.com.my/ampang-ukay-ukay/

 

About LIBERTY@Ampang Ukay

The first residential development within Ampang Ukay, Liberty will offer designer suites at unbelievable price-to-value ratio to those who thrive on the art of suite living. Liberty encompasses 3 residential towers of 1,632 fully furnished SoHo units, each measuring approximately 450sqf in size, and 32 retail units. With its compact-sized unit concept, it offers great privacy while presenting a perfect home for bachelors or single white collared workers who are busy making their fortune in the city.  For more information, please visit http://ampangukay.com.my/liberty-arc-ukay/

ALLIANCE TO END PLASTIC WASTE COMMITS OVER USD1.0 BILLION TO HELP END PLASTIC WASTE IN THE ENVIRONMENT (Mandarin Version)

POSTED ON January 16th  - POSTED IN Press Release

新全球聯盟投入逾10億美元幫助結束環境中的塑料廢物 目標投入15億美元 

 

 

新加坡2019年1月16日電 /美通社/ — 塑料和消費品價值鏈的全球性公司組成的聯盟今天推出了一個新機構,推進結束環境中,特別是海洋裡的塑料廢物的解決方案。 

 

 

跨價值鏈的Alliance to End Plastic Waste (AEPW)目前由近30家會員公司組成,已投入逾10億美元(目標在未來五年內投入15億美元)來幫助結束環境中的塑料廢物。該聯盟將開發和規模化解決方案,最大程度地減少和管理塑料廢物,並推廣廢舊塑料的解決方案,幫助實現循環經濟。該聯盟的會員是南北美、歐洲、亞洲、東南亞、非洲和中東各地的全球性公司。 

 

 

寶潔(Procter & Gamble)主席、總裁兼行政總裁、AEPW主席David Taylor表示:「每個人都同意我們的海洋或環境中的任何地方都不應該有塑料廢物。這是一個複雜且嚴峻的全球性挑戰,需要迅速採取行動和強有力的領導。這個新聯盟是迄今為止結束環境中塑料廢物的最全面努力。」他補充說:「我呼籲所有地區各行各業的所有公司(無論規模如何)都加入我們。」 

 

 

萊昂德爾巴塞爾(LyondellBasell)行政總裁、AEPW副主席Bob Patel說:「歷史告訴我們,行業、政府和非政府機構(NGO)之間的共同行動與合作可以帶來解決類似這種全球性挑戰的創新解決方案。世界各地都看到和感受到了塑料廢物問題。這個問題必須解決,我們認為現在是時候採取行動了。」 

 

 

該聯盟是一家非營利性機構,由生產、使用、銷售、加工、收集和回收利用塑料的公司組成,其中包括化學品和塑料製造商、消費品公司、零售商、轉換商以及廢物管理公司(亦稱作塑料價值鏈)。該聯盟一直與創始策略合作夥伴世界企業永續發展委員會(World Business Council for Sustainable Development)合作。該聯盟今天還公佈了首批項目與合作,反映了眾多幫助結束塑料廢物的解決方案: 

  • 與城市合作在缺乏基礎設施的大城市地區設計綜合廢物管理系統,特別是將大量未經管理的塑料廢物從陸地運送到海洋的河流沿岸地區。這項努力的參與方將包括當地政府和利益相關方,並建立可應用於多個城市和地區的經濟上可持續和可複製的模式。該聯盟將尋求與高塑滲漏區的城市合作,並尋求與其他項目(與城市合作的)合作,如印尼的STOP項目。 
  • Circulate Capital為孵化器網絡(Incubator Network)提供資金支持,開發並推廣技術、商業模式和企業家,防止海洋塑料廢物,並改善廢物管理和循環利用,打算建立一個項目投資渠道,最初重點關注東南亞地區。
  • 開發基於科學的開源全球性信息項目,透過可靠的數據收集、度量、標準和方法支持世界各地的廢物管理項目,幫助政府、公司和投資者專注于並加快停止塑料廢物進行環境的行動。該聯盟將尋求與已涉獵類似類型數據收集的領先學術機構和其他機構合作。
  • 與聯合國(United Nations)等政府間機構開展能力建設合作,為政府官員和社區領導人舉辦聯合講習班和培訓,幫助他們在最優先的地區尋求和找到與當地有關的最有效解決方案。
  • 支持Renew Oceans,援助本土化投資和參與。該項目旨在在塑料廢物從十條主要河流到達海洋之前捕獲,經證明,這些河流將絕大部分的陸地廢物運入海洋。該項目最初將支持Renew Ganga項目(也得到了國家地理學會(National Geographic Society)的支持)。

 

 

未來數月,該聯盟將做出更多投資,並推動四大關鍵領域的進展: 

 

  • 基礎設施建設收集和管理廢物,並增加回收利用; 
  • 創新推進和規模化新技術,使回收利用塑料更容易,並從所有使用後塑料中創造價值; 
  • 政府、企業和社區的教育與參與,以動員行動;以及 
  • 清理環境中已存在的塑料廢物集中區,特別是河流等主要廢物渠道(將陸地廢物運送到海洋)。 

 

 

威立雅(Veolia)行政總裁、AEPW副主席Antoine Frerot說:「要想取得成功,就需要許多行業之間進行協作以及做出協調一致的努力,一些創造短期進展,另一些則需要更長時間的重大投資。解決環境中的塑料廢物問題以及發展塑料循環經濟需要整個價值鏈上各方的參與以及企業、政府和社區的長期投入。沒有任何一個國家、一家公司或一個社區能夠單憑自己的力量解決這個問題。」 

 

 

海洋保護協會(Ocean Conservancy)的研究顯示,海洋中近80%的塑料廢物是陸地上的垃圾,其中絕大部分是透過河流到達海洋的。事實上,據一項研究估計,海洋中90%以上的河運塑料來自全球10條主要河流 — 八條在亞洲,兩條在非洲。海洋中60%的塑料廢物來自東南亞的五個國家。 

 

 

世界企業永續發展委員會總裁兼行政總裁Peter Bakker說道:「雖然我們的努力將是全球性的,但聯盟可以透過把重點放在世界上挑戰最大的地區,從而對這個問題產生最大的影響。透過共用解決方案與最佳實踐,這些努力可在全球範圍內擴展。」 

 

 

該聯盟的創始會員包括以下公司:巴斯夫(BASF)、Berry Global、Braskem、Chevron Phillips Chemical Company LLC(雪佛龍菲利普斯化工有限公司)、科萊恩(Clariant)、Covestro、陶氏(Dow)、帝斯曼(DSM)、埃克森美孚(ExxonMobil)、Formosa Plastics Corporation USA、漢高(Henkel)、萊昂德爾巴塞爾、三菱化學控股(Mitsubishi Chemical Holdings)、三井化學(Mitsui Chemicals)、NOVA Chemicals、OxyChem、普立萬(PolyOne) 、 寶潔、Reliance Industries、沙特基礎工業公司(SABIC)、Sasol、蘇伊士(SUEZ)、殼牌(Shell)、SCG Chemicals、住友化學(Sumitomo Chemical)、道達爾(Total)、威立雅和Versalis(維薩雷斯公司)(埃尼(Eni)旗下分公司)。 

敬請瀏覽 www.endplasticwaste.org/live 觀看全球互聯網直播。直播將於1月16日14:00(格林威治時間(GMT))開始,持續約30分鐘。 

查詢詳情,請瀏覽:www.endplasticwaste.org。 

 

NEW GLOBAL ALLIANCE COMMITS OVER $1.0 BILLION USD TO HELP END PLASTIC WASTE IN THE ENVIRONMENT; SETS GOAL OF INVESTING $1.5 BILLION USD

POSTED ON January 16th  - POSTED IN Press Release

————————————–

FOR IMMEDIATE RELEASE


New global alliance commits over $1.0 billion USD to help end plastic waste in the environment; 

sets goal of investing $1.5 billion USD 

 

JANUARY 16, 2019 – An alliance of global companies from the plastics and consumer goods value chain today launched a new organization to advance solutions to eliminate plastic waste in the environment, especially in the ocean. 

 

The cross value chain Alliance to End Plastic Waste (AEPW), currently made up of nearly thirty member companies, has committed over $1.0 billion with the goal of investing $1.5 billion over the next five years to help end plastic waste in the environment. The Alliance will develop and bring to scale solutions that will minimize and manage plastic waste and promote solutions for used plastics by helping to enable a circular economy. The Alliance membership represents global companies and located throughout North and South America, Europe, Asia, Southeast Asia, Africa, and the Middle East. 

 

“Everyone agrees that plastic waste does not belong in our oceans or anywhere in the environment. This is a complex and serious global challenge that calls for swift action and strong leadership. This new alliance is the most comprehensive effort to date to end plastic waste in the environment,” said David Taylor, Chairman of the Board, President and CEO of Procter & Gamble, and chairman of the AEPW. “I urge all companies, big and small and from all regions and sectors, to join us,” he added. 

 

“History has shown us that collective action and partnerships between industry, governments and NGOs can deliver innovative solutions to a global challenge like this,” said Bob Patel, CEO of LyondellBasell, and a vice chairman of the AEPW. “The issue of plastic waste is seen and felt all over the world. It must be addressed and we believe the time for action is now.” 

 

The Alliance is a not-for-profit organization that includes companies that make, use, sell, process, collect, and recycle plastics. This includes chemical and plastic manufacturers, consumer goods companies, retailers, converters, and waste management companies, also known as the plastics value chain. The Alliance has been working with the World Business Council for Sustainable Development as a 

founding strategic partner. The Alliance today also announced an initial set of projects and collaborations that reflect a range of solutions to help end plastic waste: 

 

  • Partnering with cities to design integrated waste management systems in large urban areas where infrastructure is lacking, especially those along rivers which transport vast amounts of unmanaged plastic waste from land to the ocean. This work will include engaging local governments and stakeholders, and generate economically sustainable and replicable models that can be applied across multiple cities and regions. The Alliance will pursue partnerships with cities located in high plastic leakage areas. The Alliance will also be looking to collaborate with other programs working with cities, such as Project STOP, which is working in Indonesia. 
  • Funding The Incubator Network by Circulate Capital to develop and promote technologies, business models and entrepreneurs that prevent ocean plastic waste and improve waste management and recycling, with the intention of creating a pipeline of projects for investment, with an initial focus on Southeast Asia. 
  • Developing an open source, science-based global information project to support waste management projects globally with reliable data collection, metrics, standards, and methodologies to help governments, companies, and investors focus on and accelerate actions to stop plastic waste from entering the environment. The Alliance will explore opportunities to partner with leading academic institutions and other organizations already involved in similar types of data collection. 
  • Creating a capacity building collaboration with intergovernmental organizations such as the United Nations to conduct joint workshops and trainings for government officials and community-based leaders to help them identify and pursue the most effective and locally-relevant solutions in the highest priority areas. 
  • Supporting Renew Oceans to aid localized investment and engagement. The program is designed to capture plastic waste before it reaches the ocean from the ten major rivers shown to carry the vast majority of land-based waste to the ocean. The initial work will support the Renew Ganga project, which has also received support from the National Geographic Society

 

In the months ahead, the Alliance will make additional investments and drive progress in four key areas: 

  • Infrastructure development to collect and manage waste and increase recycling; 
  • Innovation to advance and scale new technologies that make recycling and recovering plastics easier and create value from all post-use plastics; 
  • Education and engagement of governments, businesses, and communities to mobilize action; and, 
  • Clean up of concentrated areas of plastic waste already in the environment, particularly the major conduits of waste, like rivers, that carry land-based plastic waste to the sea. 

 

“Success will require collaboration and coordinated efforts across many sectors – some that create near-term progress and others that require major investments with longer timelines. Addressing plastic waste in the environment and developing a circular economy of plastics requires the participation of everyone across the entire value chain and the long term commitment of businesses, governments, and communities. No one country, company or community can solve this on their own,” said Veolia CEO Antoine Frérot, a vice chairman of the AEPW. 

 

Research from the Ocean Conservancy shows that nearly 80 percent of plastic waste in the ocean begins as litter on land, the vast majority of which travels to the sea by rivers. In fact one study estimates that over 90 percent of river borne plastic in the ocean comes from 10 major rivers around the world – eight in Asia, and two in Africa. Sixty percent of plastic waste in the ocean can be sourced to five countries in Southeast Asia. 

 

“While our effort will be global, the Alliance can have the greatest impact on the problem by focusing on the parts of the world where the challenge is greatest; and by sharing solutions and best practices so that these efforts can be amplified and scaled-up around the world”, said Peter Bakker, President and CEO of World Business Council for Sustainable Development. 

 

The following companies are the founding members of the Alliance: BASF, Berry Global, Braskem, Chevron Phillips Chemical Company LLC, Clariant, Covestro, Dow, DSM, ExxonMobil, Formosa Plastics Corporation, U.S.A., Henkel, LyondellBasell, Mitsubishi Chemical Holdings, Mitsui Chemicals, NOVA Chemicals, OxyChem, PolyOne, Procter & Gamble, Reliance Industries, SABIC, Sasol, SUEZ, Shell, SCG Chemicals, Sumitomo Chemical, Total, Veolia, and Versalis (Eni). 

 

The live global internet broadcast can be viewed at www.endplasticwaste.org/live. The broadcast will begin at 14.00 GMT and will last approximately 30 minutes. 

 

For more information, please visit www.endplasticwaste.org