Kuala Lumpur, 28 November 2019 – CapitaLand’s wholly-owned lodging business unit, The Ascott Limited (Ascott), has secured a contract to manage its first Ascott-branded serviced residence in Penang. Ascott was awarded the contract by Plenitude Berhad, a Bursa Malaysia-listed conglomerate, with core interests in property development, property investment and property management. The 250-unit Ascott Gurney Penang is scheduled to open in the last quarter of 2021.
Standing at 37 storeys, the 250-unit Ascott Gurney Penang is located along the Gurney drive promenade in the UNESCO-World-Cultural-Heritage-Site Georgetown, one of the best-known tourist destinations in Penang. It is part and parcel of Penang’s urban lifestyle district and only minutes away from iconic city landmarks, business centres and major shopping destinations including CapitaLand’s Gurney Plaza mall. The Georgetown seafront promenade is also home to a wide-array of hawkers’ delights and exciting culinary havens.
KUALA LUMPUR, 28 November 2019 - The ASEAN e-commerce sector’s net worth is expected to reach US$153 billion in 2025. To this end, Shopee is working closely with the Government to equip local traders with the skills, knowledge and opportunities to bring their products online. Last month, Shopee inked a Memorandum of Understanding with the Ministry of Rural Development’s (KPLB) appointed e-commerce enabler, Elokal, to ensure that rural entrepreneurs are not left behind. The Desamall@KPLB official store was launched, featuring locally-made products like sambal, dodol, books, baju kurung and more.
KUALA LUMPUR, 28 November 2019 – Bank Muamalat Malaysia Berhad (Bank Muamalat) today signed a Memorandum of Understanding (MoU) with Wahed Invest Malaysia on collaboration to promote WAHED INVEST’s product and services on Bank Muamalat’s distribution channels to the customers.
At a Memorandum of Understanding (MoU) exchange ceremony to mark the bank’s participation in the programme here today, Wahed Invest was represented by Syakir Hashim, Regional Head of Asia Pacific for Wahed Invest Malaysia, while Bank Muamalat was represented by its Chief Executive Officer, Khairul Kamarudin.