Ministry of International Trade and Industry (Malaysia)

EQS-News: ams-OSRAM AG: Malaysian Investment Development Authority (MIDA) and ams OSRAM continue mutual support for advanced LED manufacturing in Malaysia

Retrieved on: 
Saturday, September 16, 2023

Premstaetten, Austria and Malaysia (September 11, 2023) -- ams OSRAM (SIX: AMS), a global leader in intelligent sensing and emitting, and the Malaysian Investment Development Authority (MIDA) announce mutual support for the continued investment and expansion in Malaysia. Through a Collaborative Agreement, MIDA demonstrates significant support for ams OSRAM’s initiatives in Malaysia.

Key Points: 
  • Through a Collaborative Agreement, MIDA demonstrates significant support for ams OSRAM in Malaysia.
  • Premstaetten, Austria and Malaysia (September 11, 2023) -- ams OSRAM (SIX: AMS), a global leader in intelligent sensing and emitting, and the Malaysian Investment Development Authority (MIDA) announce mutual support for the continued investment and expansion in Malaysia.
  • In 2022 ams OSRAM announced an approximately EUR 1 Bn global investment in manufacturing and R&D facilities and activities for state-of-the-art emitting technology for LED and microLED.
  • Datuk Seri Isham Ishak, Secretary General, Ministry of Investment, Trade and Industry Malaysia (MITI) and Datuk Wira Arham Abdul Rahman, Chief Executive Officer, Malaysian Investment Development Authority (MIDA) accompanied by government officials visited ams OSRAM.

LONGi Founder and President Li Zhenguo attends Malaysian Prime Minister's Roundtable Meeting

Retrieved on: 
Friday, April 7, 2023

Malaysian Prime Minister Anwar, Minister of Transportation Luk Siu Fook, Minister of International Trade and Industry Tunku Zavru and Foreign Minister Zabriri, among other important dignitaries, attended the meeting.

Key Points: 
  • Malaysian Prime Minister Anwar, Minister of Transportation Luk Siu Fook, Minister of International Trade and Industry Tunku Zavru and Foreign Minister Zabriri, among other important dignitaries, attended the meeting.
  • The founder and president of LONGi, Li Zhenguo, was also invited to join this significant gathering.
  • Speaking at the event, LONGi's Founder and President, Mr. Li Zhenguo, shared the company's expansion plans in Malaysia over the next years.
  • Our current workforce of 4,000 employees is 99.9% Malaysian, and we are eager to continue building our business in Malaysia," Li said.

LONGi Founder and President Li Zhenguo attends Malaysian Prime Minister's Roundtable Meeting

Retrieved on: 
Friday, April 7, 2023

Malaysian Prime Minister Anwar, Minister of Transportation Luk Siu Fook, Minister of International Trade and Industry Tunku Zavru and Foreign Minister Zabriri, among other important dignitaries, attended the meeting.

Key Points: 
  • Malaysian Prime Minister Anwar, Minister of Transportation Luk Siu Fook, Minister of International Trade and Industry Tunku Zavru and Foreign Minister Zabriri, among other important dignitaries, attended the meeting.
  • The founder and president of LONGi, Li Zhenguo, was also invited to join this significant gathering.
  • Speaking at the event, LONGi's Founder and President, Mr. Li Zhenguo, shared the company's expansion plans in Malaysia over the next years.
  • Our current workforce of 4,000 employees is 99.9% Malaysian, and we are eager to continue building our business in Malaysia," Li said.

German-Dutch Oryx Stainless Signs Framework Agreement with SIRIM QAS International Enabling Malaysia to Realise Major Climate Protection Goals

Retrieved on: 
Wednesday, February 8, 2023

Annually, Oryx Stainless Group delivers more than 500,000 metric tonnes of high-quality stainless steel blends to global premium stainless steel smelters, saving CO2 well above two million tonnes of greenhouse gases per year.

Key Points: 
  • Annually, Oryx Stainless Group delivers more than 500,000 metric tonnes of high-quality stainless steel blends to global premium stainless steel smelters, saving CO2 well above two million tonnes of greenhouse gases per year.
  • In 2021, Oryx Stainless Group saved about 2.5 million tonnes of CO2 with its supplies of recycled raw materials.
  • SIRIM QAS International inspectors will work side-by-side with Oryx Stainless to ensure every import shipment is in compliance with the guidelines.
  • The company globally sources stainless steel scrap and customises imported and domestic, secondary materials to secondary raw material blends for large international stainless steel makers.

German-Dutch Oryx Stainless Signs Framework Agreement with SIRIM QAS International Enabling Malaysia to Realise Major Climate Protection Goals

Retrieved on: 
Wednesday, February 8, 2023

Annually, Oryx Stainless Group delivers more than 500,000 metric tonnes of high-quality stainless steel blends to global premium stainless steel smelters, saving CO2 well above two million tonnes of greenhouse gases per year.

Key Points: 
  • Annually, Oryx Stainless Group delivers more than 500,000 metric tonnes of high-quality stainless steel blends to global premium stainless steel smelters, saving CO2 well above two million tonnes of greenhouse gases per year.
  • In 2021, Oryx Stainless Group saved about 2.5 million tonnes of CO2 with its supplies of recycled raw materials.
  • SIRIM QAS International inspectors will work side-by-side with Oryx Stainless to ensure every import shipment is in compliance with the guidelines.
  • The company globally sources stainless steel scrap and customises imported and domestic, secondary materials to secondary raw material blends for large international stainless steel makers.

Insights on the Data Center Market in Malaysia to 2027 - Investment in Renewable Energy, from Solar and Wind Energy to Power Data Centers is Increasing

Retrieved on: 
Wednesday, November 2, 2022

DUBLIN, Nov. 2, 2022 /PRNewswire/ -- The "Malaysia Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 2, 2022 /PRNewswire/ -- The "Malaysia Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • Malaysia data center market is one of the most mature data center markets after Singapore in Southeast Asian countries.
  • The investment in renewable energy, from solar and wind energy to power data centers, is increasing.
  • Companies such as Bridge Data Centres (Chindata) and YTL Data Centers have set goals to improve the facilities' carbon footprint.

Malaysia Data Center Market Investment Analysis & Growth Opportunities 2022-2027: Rising Adoption of Smart Devices and Demand for Big Data Analytics and IoT Technologies Key for Sector Expansion - ResearchAndMarkets.com

Retrieved on: 
Wednesday, September 7, 2022

The "Malaysia Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • Malaysia data center market is one of the most mature data center markets after Singapore in Southeast Asian countries.
  • The rising adoption of smart devices and the growing demand for big data analytics and IoT technologies are prompting several DC investments in Malaysia.
  • Big data technologies help companies store large volumes of data and help organizations to analyze information and improve decision-making.

FERROTEC HOLDS GROUNDBREAKING CEREMONY FOR ITS NEW FACTORY IN KEDAH, MALAYSIA

Retrieved on: 
Tuesday, August 9, 2022

KEDAH, Malaysia, Aug. 9, 2022 /PRNewswire/ -- Ferrotec Holdings Corporation, a global supplier of materials, components, and precision system solutions, today announced the groundbreaking ceremony to begin construction of its new manufacturing facility at Kulim Hi-Tech Park, Kedah, facilitated by the Malaysian Investment Development Authority (MIDA). The plant which will be undertaking electromechanical assembly and advanced material fabrication for semiconductor equipment is designed to meet customer needs while also expanding the Group's business globally. 

Key Points: 
  • Mr. Noor Ikhsan Bin Abdul Aziz, Chief Operating Officer of Invest Kedah; Dr. Haji Nadzman Bin Mustaffa, President of Kulim Municipal Council (MPKK); YBhg.
  • ; Mr. Eiji Miyanaga, Chief Executive Officer of Ferrotec Manufacturing Malaysia Sdn.
  • He Xian Han, Group Chief Executive Officer of Ferrotec Holdings Corporation, as well as other distinguished guests.
  • This project does not only demonstrate Ferrotec's confidence in Malaysia's long-term investment propositions, but also the thriving state of the manufacturing industry in Malaysia.

Insulet Hosts Groundbreaking Ceremony for its New Manufacturing Facility in Malaysia

Retrieved on: 
Wednesday, June 1, 2022

Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod brand of products, will host a groundbreaking ceremony for its new manufacturing facility in Malaysia, further strengthening its global manufacturing capabilities.

Key Points: 
  • Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod brand of products, will host a groundbreaking ceremony for its new manufacturing facility in Malaysia, further strengthening its global manufacturing capabilities.
  • The new manufacturing facility, located in Johor Bahru, will produce the Companys Omnipod Insulin Management System and include approximately 400,000 square feet of manufacturing space.
  • Insulet plans to invest approximately $200 million over five years and hire more than 500 full-time employees once the facility is operating at full capacity.
  • During the groundbreaking ceremony on June 2, Insulet will unveil plans to source environmentally responsible and resource-efficient materials for the new facility.

Seng Fong Holdings Berhad Signs Underwriting Agreement with Hong Leong Investment Bank

Retrieved on: 
Thursday, May 26, 2022

KUALA LUMPUR, May 26, 2022 - (ACN Newswire) - Seng Fong Holdings Berhad, a rubber processor producing and trading Standard Malaysia Rubber (SMR) and premium grade block rubber, is pleased to announce that the Company has entered into an underwriting agreement with Hong Leong Investment Bank Berhad (HLIB) for its upcoming initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Berhad.

Key Points: 
  • KUALA LUMPUR, May 26, 2022 - (ACN Newswire) - Seng Fong Holdings Berhad, a rubber processor producing and trading Standard Malaysia Rubber (SMR) and premium grade block rubber, is pleased to announce that the Company has entered into an underwriting agreement with Hong Leong Investment Bank Berhad (HLIB) for its upcoming initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Berhad.
  • Under the agreement, HLIB will underwrite 42.20 million IPO shares made available for application under the retail offering.
  • "We have no doubt that Seng Fong will continue to excel and to build upon the foundations set down almost four decades ago.
  • Almost all of Seng Fong's revenue is derived from sales to international customers for FYE2019 to FYE2021.