GENERAL

Fintech Company MyCash Raises RM1.3 Million In 24 Hours, Led By Cradle 

 |  Monday, 19 June 2017 09:05  |  Published in GENERAL

MyCash Online, a fintech startup that is providing online services to the unbanked has raised RM1.3M in 24 hours in their equity crowdfunding campaign on pitchIN. Cradle Fund Sdn Bhd (Cradle) led the funding round through their co-investment exercise along with a Hong Kong based co-investor.

The MyCash Online equity crowdfunding (ECF) campaign went live on 1st June 2017 and was fully taken up in 24 hours. Cradle and co-investor JC Management took up RM1.2 million while other investors snapped up the remaining RM100K.

CIMB Introduces One-Month Paid Paternity Leave 

 |  Monday, 19 June 2017 08:57  |  Published in GENERAL

CIMB Bank Berhad yesterday announced its enhanced paternity leave benefits to enable fathers to spend more time with their firstborn, and share parental responsibilities in welcoming their new baby into the world.

This is in tandem with CIMB's efforts to continuously improve employee welfare through gender-balanced policies. 

HSBC Makes Major Investment In Malaysia 

 |  Friday, 16 June 2017 11:08  |  Published in GENERAL

HSBC and TRX City signed a sale-and-purchase agreement for the development of HSBC Malaysia’s future Headquarters at the upcoming international financial district Tun Razak Exchange (TRX), marking the first phase of the land acquisition. 

The US$250 million investment for the future HSBC Malaysia TRX headquarters with a minimum office space of 568,000 square feet, makes HSBC the first foreign bank to invest in the TRX development. 


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