Latest news with #CradleFund
Sinar Daily
2 days ago
- Sinar Daily
Federal Court to hear prosecution's appeal in Cradle Fund ex-CEO murder case on Nov 10
The hearing dates - Nov 10, 11 and 12 - were fixed during case management. 14 Aug 2025 09:00pm The Federal Court has fixed three days from Nov 10 to hear the prosecution's appeal against the acquittal of Samirah Muzaffar and two teenagers who were charged with the murder of former Cradle Fund CEO Nazrin Hassan. PUTRAJAYA - The Federal Court has fixed three days from Nov 10 to hear the prosecution's appeal against the acquittal of Samirah Muzaffar and two teenagers who were charged with the murder of former Cradle Fund chief executive officer (CEO) Nazrin Hassan. Wan Mohammad Arfan Wan Othman, one of the lawyers representing Samirah and the two teenagers, confirmed the hearing dates when contacted by Bernama. The hearing dates - Nov 10, 11 and 12 - were fixed during case management before Federal Court deputy registrars Wan Fatimah Zaharah Wan Yussof and Mahyun Yusof today. On Feb 8, 2024, the Court of Appeal upheld the Shah Alam High Court's decision to acquit and discharge Samirah and the two teenagers on the murder charge. The High Court, on June 21, 2022, freed the trio without asking them to enter their defence, after the prosecution failed to prove a prima facie case against them. Samirah, 50, who is Nazrin's widow, the teenagers (now 22 and 19), and an Indonesian woman, Eka Wahyu Lestari, who is still at large, were charged with killing Nazrin, 45, at his house in Mutiara Damansara between 11.30 pm on June 13, 2018, and 4 am the following day. In upholding their acquittal, the Court of Appeal held that there was insufficient evidence to determine the guilt of the accused. The Court of Appeal also ruled that there was insufficient evidence to prove that the fire was deliberately started, as there was contradicting evidence from the Chemical Department of Malaysia and the Fire and Rescue Department's investigators. The Court of Appeal held that the testimony surrounding the petrol and the analysis done on it did not use certified methods, and the investigators had skipped crucial steps needed for the analysis of the petrol. - BERNAMA More Like This
The Sun
2 days ago
- The Sun
Federal Court to hear Cradle Fund CEO murder appeal Nov 10-12
PUTRAJAYA: The Federal Court has scheduled a three-day hearing from November 10 to 12 for the prosecution's appeal in the Cradle Fund ex-CEO murder case. Samirah Muzaffar and two teenagers were acquitted of murdering Nazrin Hassan, with the Court of Appeal upholding the decision earlier this year. Lawyer Wan Mohammad Arfan Wan Othman confirmed the hearing dates after case management proceedings before Federal Court deputy registrars. The Shah Alam High Court had initially freed the trio in 2022, ruling that the prosecution failed to establish a prima facie case. Nazrin Hassan, 45, was allegedly killed at his Mutiara Damansara home between June 13 and 14, 2018. Samirah, Nazrin's widow, the two teenagers, and an Indonesian woman still at large were charged with the murder. The Court of Appeal found insufficient evidence to prove guilt, including doubts over whether the fire was deliberately set. Investigators' analysis of petrol evidence was also deemed unreliable due to uncertified methods and skipped procedures. The case continues to draw attention as the Federal Court prepares to review the acquittal. - Bernama
Malaysian Reserve
2 days ago
- Malaysian Reserve
Federal Court to hear prosecution's appeal in Cradle Fund ex-CEO murder case on Nov 10-12
PUTRAJAYA — The Federal Court has fixed three days from Nov 10 to hear the prosecution's appeal against the acquittal of Samirah Muzaffar (picture) and two teenagers who were charged with the murder of former Cradle Fund chief executive officer (CEO) Nazrin Hassan. Wan Mohammad Arfan Wan Othman, one of the lawyers representing Samirah and the two teenagers, confirmed the hearing dates when contacted by Bernama. The hearing dates — Nov 10, 11 and 12 — were fixed during case management before Federal Court deputy registrars Wan Fatimah Zaharah Wan Yussof and Mahyun Yusof today. On Feb 8, 2024, the Court of Appeal upheld the Shah Alam High Court's decision to acquit and discharge Samirah and the two teenagers on the murder charge. The High Court, on June 21, 2022, freed the trio without asking them to enter their defence, after the prosecution failed to prove a prima facie case against them. Samirah, 50, who is Nazrin's widow, the teenagers (now 22 and 19), and an Indonesian woman, Eka Wahyu Lestari, who is still at large, were charged with killing Nazrin, 45, at his house in Mutiara Damansara between 11.30 pm on June 13, 2018, and 4 am the following day. In upholding their acquittal, the Court of Appeal held that there was insufficient evidence to determine the guilt of the accused. The Court of Appeal also ruled that there was insufficient evidence to prove that the fire was deliberately started, as there was contradicting evidence from the Chemical Department of Malaysia and the Fire and Rescue Department's investigators. The Court of Appeal held that the testimony surrounding the petrol and the analysis done on it did not use certified methods, and the investigators had skipped crucial steps needed for the analysis of the petrol. — BERNAMA
The Star
18-07-2025
- Business
- The Star
Cradle launches initiative to boost Malaysia's SME innovation
Cradle Fund group chief executive officer Norman Matthieu Vanhaecke. PETALING JAYA: Cradle Fund Sdn Bhd has launched Cradle Innovation Advisory, a strategic partnership initiative to accelerate technological transformation among corporates and small and medium-sized enterprises (SMEs) in Malaysia. The initiative aims to address structural limitations within the national innovation ecosystem, including inadequate post-grant support, weak commercialisation pathways, fragmented linkages between industry and startups, and limited SME engagement in research and development (R&D) activities. 'With Cradle Innovation Advisory, we enable SMEs, Malaysia's economic backbone, to access the expertise, tools, and partnerships they need to innovate, scale and compete globally. 'This marks a shift from support to empowerment. By activating partnerships with universities, corporates, and global startup communities, we can create fertile grounds where great ideas are not only developed, but launched into the market, transforming entire sectors,' said Datuk Mohammad Yusof Apdal, Deputy Minister of Science, Technology and Innovation. Norman Matthieu Vanhaecke, Group CEO of Cradle, said the initiative also creates a space for startups to work hand‐in‐hand with key corporate players, thus strengthening SMEs. Central to the initiative is the Corporate Innovation Lab Programme, a structured platform offering modular workshops tailored to the developmental maturity of participating organisations. The Cradle Innovation Advisory will provide bespoke advisory services, including innovation audits, innovation roadmap formulation, and R&D commercialisation support. Cradle will also offer access to strategic services such as legal advisory and human capital planning.
The Star
04-07-2025
- Business
- The Star
MYStartup Accelerator channels RM5.5mil into local startups
Cradle Fund group chief executive officer Norman Matthieu Vanhaecke. KUALA LUMPUR: Cradle Fund Sdn Bhd's MYStartup Accelerator has facilitated nearly RM5.5 million in investments over five cohorts, underscoring its role in strengthening Malaysia's startup ecosystem and advancing the country's position as a regional innovation hub. In a statement today, Cradle said the programme, under the purview of the Ministry of Science, Technology and Innovation, is operated by Cradle in partnership with NEXEA, a venture capital and startup accelerator firm. "Having completed five cohorts, we have gained meaningful insights into the needs of Malaysian startups. "Our next goal is to expand our reach nationwide and ensure startups in all regions have equal access to growth opportunities," said group chief executive officer Norman Matthieu Vanhaecke. According to Cradle, the Cohort 5 Demo Day showcased innovative solutions in areas including artificial intelligence (AI), aquaculture, electric vehicle (EV) infrastructure, and smart retail. Of the eight finalists, five received cash prizes from Cradle, while four secured a total of RM800,000 in investments from NEXEA. The finalists were selected from a competitive pool of 747 applicants. It noted that among the standout startups were Paix Tech, which automates enterprise utility payments using AI; Ocean Rich Resources, which developed a scalable oyster farming system; and Recharge Xolutions, which offers integrated EV charging and green energy solutions. The MYStartup Accelerator continues to play a vital role in building Malaysia's tech-driven future by empowering bold, innovative, and sustainable startups, Cradle added. NEXEA is distinguished by its network of mentors, many of whom are successful entrepreneurs and C-level executives, and has helped its portfolio companies achieve annual growth of up to 16 times. Meanwhile, the focal agency for early-stage startups, Cradle, has supported over 1,100 tech startups and boasts the highest commercialisation rate among government grants. - Bernama
