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BUSINESS

News in brief: Jan 7, 2022

07/01/2022 07:15 PM

SHAKE SHACK INC and licensee SPC Group have expanded their partnership, announcing their plan to open ten Shacks in Malaysia by 2031.

“This represents our sixth country in Asia, and together with the SPC Group, we expect to have more than 45 Shake Shacks across Korea, Singapore, and Malaysia by 2031,” said Shake Shack chief global licensing officer Michael Kark in a statement today.

The new agreement increases the total number of contracted Shake Shacks with the SPC Group to 45 by 2031. SPC Group is a leading global food company based in South Korea with 30 brands and over 7,000 stores worldwide.

-- BERNAMA

 

ZERIN PROPERTIES has announced its adoption of HaloCheck.xyz, Malaysia’s first instant background check mobile web application. 

“HaloCheck has simplified Bank Negara Malaysia’s (BNM) anti-money laundering, countering financing of terrorism (AML/CFT) process. In less than two minutes, all Zerin Properties agents can meet compliance and conduct customer due diligence (CDD) to BNM’s strict requirements,” it said in a statement.

-- BERNAMA

 

UMW Toyota Motor achieved a 22 per cent increase in total sales volume in 2021 over that of 2020.

It sold 72,394 vehicles last year versus 59,320 in 2020. 

In a statement today, UMW Toyota Motor said the total sales volume for December 2021 also showed a growth of 0.5 per cent with 9,289 units sold, compared to the 9,246 sold from the same period last year.

Month-on-month, UMW Toyota Motor surpassed the 8,487 sales volume for November by nine per cent.

“Despite the most of 2021 being a rather challenging year for most sectors, including automotive, the team at Toyota showed resilience by continuously innovating to offer only the best mobility solutions to our customers who are eager to get back on the road upon the lifting of the lockdown in August,” said UMW Toyota Motor president Ravindran K.

-- BERNAMA

 

MR D.I.Y. Group (M) Bhd (MR D.I.Y.) is stepping up to help the people by helping to stretch their ringgit. 

Under its “Always Low Prices” and “Price Lock: Harga Kami Tetap Sama” initiatives, the retailer has pledged to not raise prices of all products across the group’s three brands - MR. D.I.Y., MR. TOY and MR. DOLLAR - until March 31.

In a statement today, MR. D.I.Y.’s head of marketing Alex Goh said MR D.I.Y. the company is making every effort to keep prices stable.

“We are leveraging our direct relationships with manufacturers, our extensive logistics systems, and as always, the insights we gain from our use of data analytics, to ensure we can provide customers what they need, at prices they can afford,” he said.

-- BERNAMA
 


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