CC Puan to head P1


Green Packet Bhd’s long-time chief executive officer Puan Chan Cheong has relinquished his position to head Packet One Networks (Malaysia) Sdn Bhd (P1). He now takes over as CEO and managing director in P1, while having been redesignated to non-independent and non-executive director in Green Packet. This came hot on… Read more »

MOL’s NASDAQ listing disappoints, company seeks global expansion

MOL Global Inc, a Malaysia-grown e-commerce company, looks to expand its business presence to 100 countries, and its expansion plans are track despite its lacklustre listing on the NASDAQ last week. Despite downsizing its initial public offer the company faltered with its float and managed to raise only  $169 million… Read more »

Industry wanted more in Budget : ACCCIM

The measures announced in the Malaysia Budget 2015 to boost small and medium enterprises (SMEs) are encouraging, but the industry wants to see more foreign direct investment (FDI) to propel its growth, the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) says. ACCCIM SME and Human Resource development… Read more »

P1 to compete in telco space

With a strategic partnership to jointly roll out 4G LTE services and products, Packet One Networks Sdn Bhd (P1) stands to become a contender in the Malaysian telecommunications sector soon. Its tripartite partnership with Telekom Malaysia and SK Telecom, through the holding company Green Packet Berhad, will place the broadband… Read more »

Affinity picks minority stake in Malaysia’s Leong Hup

Family-owned and run Leong Hup Holdings Bhd has opened up its equity holding to Affinity Equity Partners in a strategy to institutionalize and put professionals at the helm of the company. Affinity has reportedly secured its first investment in Malaysia by acquiring a minority stake in poultry supplier Leong Hup… Read more »