Sepang, April 20 - AirAsia Berhad is acquiring a 50% stake in online travel planner Touristly Travel Sdn Bhd (Touristly) through an asset injection and loan deal valued at RM11.5 million.
The transaction will see AirAsia Berhad inject the digital platform of its Travel 3Sixty inflight magazine, valued at RM6.5 million, into Touristly via AirAsia Investments Ltd and extend a RM5 million convertible loan to Touristly for working capital and development.
Kuala Lumpur, April 19 - Telekom Malaysia Bhd (TM) once again bagged the coveted award, Telecom Service Provider of the Year at the recent 2017 Frost & Sullivan Malaysia Excellence Awards, making it the sixth time TM is being recognised with the accolade at the prestigious award ceremony.
The event was even more meaningful for TM when its Group Chief Executive Officer, Tan Sri Zamzamzairani Mohd Isa, was bestowed with the most coveted award, Outstanding Contribution to the Industry Award. It was only the third (3rd) time this award was given out in the last 13 years.
Kuala Lumpur, April 19 – City developer, SkyWorld Development Group yesterday announced the commencement of the FIRST Quality Centre by SkyWorld in Malaysia.
Present to grace and officiate the momentous event, Dauk Seri Haji Fadillah, Minister of Works Malaysia said, “Indeed, SkyWorld is breaking new grounds by kick-starting the FIRST Quality Centre by SkyWorld in Malaysia. I want to congratulate SkyWorld for embracing the professional quality practice and pledged their commitment by investing RM3.8 million into this 13,000 square feet Quality Centre. I encourage other developers to follow suit and help us in building a better nation and quality of life for our people.”