NEWS IN BRIEF: JUNE 9, 2022

CIMB FOUNDATION has announced its support for the Malaysian Emerging Artist Award (MEA Award) as the main corporate partner to further invigorate the Malaysian arts and culture industry and ecosystem.

In a statement today, CIMB Foundation said the MEA Award brings to life one of the foundation’s key pillars that isis empowering the community economically by creating more opportunities and improving the wellbeing of the creative industry.

“We are also extremely pleased to have the opportunity to collaborate with prominent artist Bayu Utomo Radjikin to empower young and aspiring artists to elevate their careers, providing them the platform to gain exposure and appeal beyond the local market,” it said.

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This award is part of an exciting lineup of activities the foundation have in store for its 15th anniversary celebration in October.

-- BERNAMA

CELCOM AXIATA BHD (Celcom), in partnership with Nonvoice, has launched the best augmented reality (AR) content, Nonvoice Metaverse that enable customers to immerse themselves in the latest digital experience and lifestyle.

In a statement today, Celcom said the partnership provides customers with 10 aggregated and integrated consumer apps, delivering digital experiences covering AR games, education, digital collectibles/non-fungible tokens (NFTs) and sports, all in one portal.

Nonvoice is the world’s first 5G app agency with partnerships that include mobile network operators, device and hardware vendors, and various industry-leading brands.

As Malaysia accelerates the adoption of the fourth industrial revolution (4IR) technology and with the upcoming 5G rollout, Celcom and Nonvoice will continue to add fresher and more thrilling content every month, ensuring greater value and better digital consumer satisfaction.

--BERNAMA

SCOMI GROUP BHD has reached a settlement with Maybank for RM8 million with regards to the material litigation raised by the bank in the High Court of Kuala Lumpur which must be paid in full by July 29, 2022.

In a statement today, Scomi said the terms of the settlement proposal include the payment of the settlement sum and the company entering into a consent judgement with Maybank on the material litigation by June 9 for the original claimed sum by Maybank of RM113, 957.

It also include the corresponding interest on the claimed sum, withdrawal of all suits and claims by the company against Maybank, as well as payment of legal fees and expenses of RM200, 000 incurred by Maybank.

In return, Maybank will withhold enforcement or execution of the consent judgement against the company until July 29. Upon settlement of the settlement sum, Maybank will discharge and release SGB from the liabilities and obligations of the consent judgement, as well as release Scomi Energy Services Bhd's shares owned by the company pledged to Maybank back to SGB.

--BERNAMA

AIRASIA took home the Future Travel Experience (FTE) World Ancillary Award in Dublin for its pioneering efforts in digital advancements.

In a statement today, the airline said the award recognises AirAsia as the most forward-thinking airline that has used digital advancements to create new ancillary revenue streams throughout the entire journey -- from booking, check-in, and the airport experience, to on board the plane, and after the passengers arrives at their final destination.

AirAsia was chosen from a list of 15 finalists that comprise airlines from across the world.

--BERNAMA

RAZER FINTECH, the leading global lifestyle brand for gamers, has announced the acquisition of PT E2Pay Global Utama, one of Indonesia's major digital payment and e-money players for both business to business and business to customer transactions.

In a statement today, Razer Fintech said E2Pay’s payment gateway supports high-growth e-commerce verticals and serves over 500,000 registered users and supports payments for credit or data plans, bill payments, QR payments, cash withdrawals and fund transfer services.

“E2Pay is one of Indonesia’s very few digital payment players that has a comprehensive set of licences across various payment gateway services, e-money, and remittance.

"The acquisition of E2Pay allows us to accelerate our entry into Indonesia, one of the fastest-growing digital economies in Southeast Asia, as well as to better serve the digital payment needs of our regional and global merchants as the single partner of choice," Razer Fintech chied executive officer Lee Li Meng said. 

-- BERNAMA