Latest news with #ARROW
The Sun
03-06-2025
- Business
- The Sun
CGS, CGS International sign pacts for Asean-China business partnerships at Asean Business Forum 2025
KUALA LUMPUR: China Galaxy Securities Co Ltd (CGS) and CGS International Securities Group signed five strategic memorandums of understanding (MoUs) and one letter of intent (LoI), with top corporations, development partners and investment managers across Asean and China on May 29. These landmark agreements were signed at the inaugural Asean Business Forum 2025 (ABF2025) and witnessed by Malaysian Investment Development Authority (Mida) CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid on behalf of Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, Securities Commission Malaysia (SC) executive chairman Datuk Mohammad Faiz Azmi, Asean Business Advisory Council (Asean-BAC) Malaysia chairman Tan Sri Nazir Razak and CGS chairman Wang Sheng. They aim to promote the growth of the Asean region as an integrated and cohesive regional economic powerhouse, deepen cross-border collaboration and accelerate capital flows across high-growth sectors. The signings reflect growing confidence in Asean's long-term growth prospects and the role of Malaysia – under its Asean chairmanship – to facilitate China-Asean and intra-Asean business and capital flows. Spanning access, private equity and investment in solutions for technology, healthcare, industrial development, investment promotion and wealth management family-office facilitation, the agreements reflect CGS and CGS International's broader mission and capability to bridge capital and opportunities within the region. These signings also build on their commitment made during the Johor-Singapore Special Economic Zone Partners' Dialogue on May 19, where CGS International committed to a target of RM6 billion – comprising RM3 billion in facilitation of foreign direct investment within three years and RM3 billion in assets under management in the establishment of single family office ventures. The signing parties and scope of partnerships of the LoI and the MoUs signed by CGS and CGS International include: • LoI for China-Asean Investment Programme – Establish a private equity fund to invest in high growth sectors such as healthcare/medical devices, semiconductor, advanced manufacturing, renewable energy, agriculture/food security and consumers throughout Asean with Malaysia as a key regional anchor and to facilitate the transfer of industry knowledge and technology from China to Asean. ARROW -- MoU with Mida to jointly promote Malaysia as an investment hub, support investor facilitation and collaborate on fundraising, business matching and supply chain development for high-value industries. ARROW -- MoU with Fullgoal Asset Management (HK) Limited (Fullgoal HK) and Bursa Malaysia Bhd. Fullgoal HK and CGS International will jointly list exchange-traded funds on Bursa Malaysia, with the aim to provide Malaysian investors with access to a wider range of investment options, and exposure to global markets. ARROW -- MoU with GL Capital Management Limited to jintly establish a closed-end private equity fund dedicated to healthcare/medical devices sector in Asean to tap its high growth opportunities. ARROW -- MoU with OCBC Bank (Malaysia) Bhd to jointly facilitate China and Asean trade and investment flows by supporting regional clients with banking, treasury and investment banking services. ARROW -- MoU with Zhongguancun International Holding Limited (Hong Kong) to facilitate the entry of Chinese companies in the sectors of advanced manufacturing, digital technology, food security and healthcare, into the Johor-Singapore Special Economic Zone and selected Malaysian industrial parks. CGS International Group CEO Carol Fong, said: 'These signings are more than just intents and agreements – they signify our strong confidence in the investment and growth potential of Asean and Malaysia. CGS International is proud to play the role of connector and catalyst, and to leverage our wider Asean presence and Chinese parentage to help our clients and partners accelerate cross-border strategic collaborations, capital and talent mobility for business growth.' ABF2025 was co-organised with Asean-BAC Malaysia and Mida, supported by partners MBSB and OCBC Malaysia. The forum was held in conjunction with the 46th Asean Summit 2025 and Sean-GCC+China Summit 2025. Over 500 regional policymakers, investors and corporate leaders attended the full-day event which featured strategic panels, high-level keynotes, and closed-door business matchmaking.
The Sun
03-06-2025
- Business
- The Sun
CGS , CGS International sign pacts for Asean-China business partnerships at Asean Business Forum 2025
KUALA LUMPUR: China Galaxy Securities Co Ltd (CGS) and CGS International Securities Group signed five strategic memorandums of understanding (MoUs) and one letter of intent (LoI), with top corporations, development partners and investment managers across Asean and China on May 29. These landmark agreements were signed at the inaugural Asean Business Forum 2025 (ABF2025) and witnessed by Malaysian Investment Development Authority (Mida) CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid on behalf of Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, Securities Commission Malaysia (SC) executive chairman Datuk Mohammad Faiz Azmi, Asean Business Advisory Council (Asean-BAC) Malaysia chairman Tan Sri Nazir Razak and CGS chairman Wang Sheng. They aim to promote the growth of the Asean region as an integrated and cohesive regional economic powerhouse, deepen cross-border collaboration and accelerate capital flows across high-growth sectors. The signings reflect growing confidence in Asean's long-term growth prospects and the role of Malaysia – under its Asean chairmanship – to facilitate China-Asean and intra-Asean business and capital flows. Spanning access, private equity and investment in solutions for technology, healthcare, industrial development, investment promotion and wealth management family-office facilitation, the agreements reflect CGS and CGS International's broader mission and capability to bridge capital and opportunities within the region. These signings also build on their commitment made during the Johor-Singapore Special Economic Zone Partners' Dialogue on May 19, where CGS International committed to a target of RM6 billion – comprising RM3 billion in facilitation of foreign direct investment within three years and RM3 billion in assets under management in the establishment of single family office ventures. The signing parties and scope of partnerships of the LoI and the MoUs signed by CGS and CGS International include: • LoI for China-Asean Investment Programme – Establish a private equity fund to invest in high growth sectors such as healthcare/medical devices, semiconductor, advanced manufacturing, renewable energy, agriculture/food security and consumers throughout Asean with Malaysia as a key regional anchor and to facilitate the transfer of industry knowledge and technology from China to Asean. ARROW -- MoU with Mida to jointly promote Malaysia as an investment hub, support investor facilitation and collaborate on fundraising, business matching and supply chain development for high-value industries. ARROW -- MoU with Fullgoal Asset Management (HK) Limited (Fullgoal HK) and Bursa Malaysia Bhd. Fullgoal HK and CGS International will jointly list exchange-traded funds on Bursa Malaysia, with the aim to provide Malaysian investors with access to a wider range of investment options, and exposure to global markets. ARROW -- MoU with GL Capital Management Limited to jintly establish a closed-end private equity fund dedicated to healthcare/medical devices sector in Asean to tap its high growth opportunities. ARROW -- MoU with OCBC Bank (Malaysia) Bhd to jointly facilitate China and Asean trade and investment flows by supporting regional clients with banking, treasury and investment banking services. ARROW -- MoU with Zhongguancun International Holding Limited (Hong Kong) to facilitate the entry of Chinese companies in the sectors of advanced manufacturing, digital technology, food security and healthcare, into the Johor-Singapore Special Economic Zone and selected Malaysian industrial parks. CGS International Group CEO Carol Fong, said: 'These signings are more than just intents and agreements – they signify our strong confidence in the investment and growth potential of Asean and Malaysia. CGS International is proud to play the role of connector and catalyst, and to leverage our wider Asean presence and Chinese parentage to help our clients and partners accelerate cross-border strategic collaborations, capital and talent mobility for business growth.' ABF2025 was co-organised with Asean-BAC Malaysia and Mida, supported by partners MBSB and OCBC Malaysia. The forum was held in conjunction with the 46th Asean Summit 2025 and Sean-GCC+China Summit 2025. Over 500 regional policymakers, investors and corporate leaders attended the full-day event which featured strategic panels, high-level keynotes, and closed-door business matchmaking.
Associated Press
18-04-2025
- Business
- Associated Press
ARROW expands presence in Vietnam with DASH support, bringing smart bathroom solutions to local consumers
Leading premium bathroom brand ARROW is expanding its presence in Vietnam, bringing a world-class living experience to local consumers through a strategic partnership with DASH Co., Ltd. HO CHI MINH, VIETNAM - Media OutReach Newswire - 18 April 2025 - Global smart bathroom solutions provider ARROW has officially entered the Vietnamese market, attracting widespread attention and positive reception from consumers and industry partners alike. Photo With over 30 years of innovation and growth, ARROW Home Group has become one of the world's most recognized names in smart sanitary ware and bathroom interiors. The brand's strategic partnership with DASH Co., Ltd. to launch its first official flagship showroom in Vietnam marks a significant milestone in ARROW's global expansion strategy and injects new energy into the country's sanitary ware sector. This launch reflects DASH's bold commitment to bringing advanced technologies into everyday living spaces, meeting the rising expectations of Vietnamese consumers for modern, intelligent home solutions. Vietnam's rising demand for smart living In recent years, Vietnam has emerged as a promising market for high-end sanitary ware, driven by rapid urbanization and economic growth, which are fueling demand for modern, tech-enabled living. Consumers are increasingly seeking innovative, smart, and user-friendly home products to enhance their lifestyles. Recognizing this shift, ARROW has identified Vietnam as a key market in its global expansion. The brand's entry into the country is both timely and strategic, positioning it to cater to a population that values quality, innovation, and functionality. ARROW is more than a long-established name in the sanitary ware industry — it's a global powerhouse. With a vast network of over 10,000 retail stores, 10 manufacturing facilities and 08 R&D centers, 1 national industrial design center and a presence in more than 60 countries, ARROW has earned a worldwide reputation for innovation and quality. In Southeast Asia, the brand has contributed to numerous large-scale projects in Bangladesh, Indonesia, Myanmar, and beyond, further cementing its regional influence. Beyond its global scale, ARROW is widely recognized for its human-centered design philosophy and commitment to creative innovation. The brand's products have earned more than 70 prestigious international awards — including the Red Dot, iF, and IDEA — further reinforcing its leadership in both design and quality. The ARROW Vietnam Flagship Showroom, located at 218A Thành Thái, District 10, Ho Chi Minh City, marks the brand's first official presence in Vietnam. Established and operated by DASH Co., Ltd., this showroom goes beyond a traditional display space, offering a cutting-edge retail experience. It showcases a diverse range of products, including smart toilets, shower systems, vanity cabinets, and kitchen appliances. Notably, ARROW is a trailblazer in the development of smart sanitary solutions for the elderly, a market segment that remains relatively untapped in Vietnam. ARROW's core technologies include ergonomically designed toilets that alleviate spinal pressure, along with smart toilets featuring automatic opening/closing, auto-flushing, heated seats, and massage washing functions. The brand's advanced shower systems are built with a durable 4-layer nickel-chrome plating and ceramic cartridges that offer up to 20 years of reliability. Additionally, all premium ceramic products are fired at 1,280°C, ensuring exceptional strength and water resistance. ARROW's exclusive product lines, including the Heyue Series for the elderly and the Luxury bathroom cabinet collection, offer a diverse range of elegant and highly customizable designs. These collections highlight ARROW's commitment to innovation, specifically tailored to meet the unique habits and preferences of local consumers. DASH – Bridging ARROW and Vietnamese consumers DASH Co., Ltd. plays a crucial role in ARROW Vietnam, driving the research and development of products tailored to the local market's needs. As ARROW's strategic partner, DASH is committed to pioneering the distribution of smart sanitary solutions. This partnership not only enables ARROW to quickly and efficiently enter the Vietnamese market but also ensures that consumers have access to premium products at competitive prices. In the long term, DASH is focused not only on expanding its product offerings but also on building a nationwide showroom network, with a strong emphasis on enhancing customer experience and providing exceptional after-sales services. 'The opening of the ARROW showroom in Vietnam marks a significant milestone in DASH's journey to becoming a leading brand in the import and distribution of smart bathroom solutions,' said Ms. Lê Hoàng Diệu Tâm, Chairwoman of DASH Co., Ltd. Embodying the spirit of 'Intelligence of Living,' which seeks to offer modern, convenient, and trend-forward interior solutions, the ARROW showroom on Thành Thái Street is designed to provide customers with a shopping experience that blends high-tech innovation with natural elements. Spanning three stories and 1,000 m², the showroom is divided into: The showroom features model layouts and real-life experience zones, thoughtfully designed to help customers visualize and choose the perfect products for their homes. It also caters to young buyers by offering a wide range of products at various price points and quality levels, supporting them in the journey of building their first home. Looking ahead, DASH is focused on channeling all resources into building a strong foundation for future expansion into other promising markets across the region, extending beyond Ho Chi Minh City. As it progresses on this growth journey, the brand is steadily cementing its ambition to become a leader in smart sanitary ware, bringing advanced technologies closer to every Vietnamese household. ARROW Vietnam Flagship Showroom Address: 218A Thành Thái, Ward 14, District 10, Ho Chi Minh City Website: Hotline: 19001038 Hashtag: #ARROW The issuer is solely responsible for the content of this announcement.
