Latest news with #Zainal
Daily Express
29-05-2025
- Daily Express
Dad, daughter die after 4WD plunges into ravine in Segamat
Published on: Thursday, May 29, 2025 Published on: Thu, May 29, 2025 By: FMT Reporters Text Size: Bandar Baru Segamat fire and rescue station operations commander Zainal Abidin Che Deraman said an emergency call about the incident was received at 6.47pm yesterday. (JBPM pic) PETALING JAYA: A father and his nine-year-old daughter were killed when the vehicle they were travelling in with four other family members skidded and plunged into a ravine in Kampung Kwongsai, along Jalan Segamat-Labis in Johor yesterday. Bandar Baru Segamat fire and rescue station operations commander Zainal Abidin Che Deraman identified the deceased as Fitri Said, 39, and Nurin Insyirah Fitri. The four others were Fitri's wife Nurain Farhana Johari, 32, and their three children, Zikri Fitri, 11, Nur Hisna Fitri, four, and Nur Atiya Fitri, two. Zainal said the station received an emergency call about the incident at 6.47pm. 'Following the alert, a fire rescue tender with seven personnel was dispatched to the scene about 9km from the station,' Bernama reported him as saying today. Zainal said upon arrival, the team discovered a Toyota Hilux at the bottom of the ravine with two victims trapped beneath it. Advertisement 'The team used special equipment, including a hydraulic ramp, to stabilise the vehicle and extricate the victims,' he said. The four other victims managed to free themselves and were sent to a hospital for treatment, while the bodies were handed over to the police for further action. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
28-05-2025
- Business
- The Star
TM demonstrates commitment to long-term value, nation-building
KUALA LUMPUR: Telekom Malaysia Bhd (TM) demonstrated its firm commitment to delivering long-term value creation while enabling inclusive digital progress for the nation. TM returned approximately RM1.5bil in value, benefiting various stakeholders through dividends and contributions that supported national socioeconomic progress. TM also prioritised strategic investments in business growth, community development, social impact programmes, and employee development, further generating a multiplier impact on the broader national economy. These efforts reflect TM's focus on delivering sustainable returns to shareholders while staying true to its core purpose of creating value for all stakeholders as a nation-builder. 'At TM, we see ourselves as facilitators of national progress, driving inclusive digital transformation that empowers enterprises, enriches communities and bolsters economic resilience. 'We are fully aligned with this vision – staying agile, expanding our capabilities and setting new benchmarks in service excellence to ensure that Malaysia remains at the forefront of the digital economy. 'This is what it means to be a world-class organisation,' said TM chairman Datuk Zainal Abidin Putih. This was reflected at TM's AGM held at Menara TM here, where all 14 resolutions tabled were duly passed by shareholders. The meeting was chaired by Zainal, with the board of directors and managing director and group chief executive officer Amar Huzaimi Md Deris in attendance. Beyond profits, TM is committed to driving digital inclusivity for all, including nurturing future-ready talent, empowering communities and expanding inclusive digital access across the country. For example, TM is expanding its digitalisation efforts and community-building in Pulau Tioman, starting with Kampung Mukut. Similar programmes are being considered for other islands already connected through TM's submarine cable infrastructure. TM is also committed to developing schools on these islands, with a focus on nurturing youth through science, technology, engineering and mathematics (STEM) education and digital exposure. 'Our goal is to build digital ecosystems that empower local communities, helping them shift from traditional livelihoods to sustainable, future-ready opportunities,' said Amar. These efforts are further supported by the TM Future Skills (TMFS) School programme, where TM has created three 'nucleus' schools designed as regional hubs for innovation via the TMFS Digital Hub. TM also plans to onboard 25 new schools in 2025. Meanwhile, Yayasan TM has launched the Yayasan TM technical and vocational education and training (TVET) Madani initiative to enhance the skill sets and employability of TVET graduates, while its education arm, Multimedia University, collaborates with schools nationwide to provide early exposure to STEM subjects through workshops and career guidance. TM also continues to provide tailored digital solutions to more than 400,000 micro, small and medium enterprises nationwide, helping them grow and thrive in the digital economy. Under its talent development agenda, TM has contributed RM641mil to date to nurture close to 19,000 talents, many of whom now contribute to the broader digital economy and are part of the leadership in corporate organisations and national institutions. 'This is how we demonstrate that success and achieving a higher purpose can go hand in hand,' said Amar. Championing sustainability and responsible growth Sustainability remains core to TM's long-term strategy. The group's Sustainability Framework, introduced in 2024, is built on two key objectives: enabling sustainable growth for customers and communities and ensuring resilience across the business and value chain. In its data centre operation, TM sources 50% of its data centre energy from renewable resources and implements water harvesting and recycling systems for water conservation. TM is also targeting global benchmarks with a planned Power Usage Effectiveness (PUE) of 1.4 for its expansion projects, with the upcoming Johor facility, developed in collaboration with Singtel's Nxera, targeting even lower PUE. Technologies such as intelligent cooling systems, solar panels and energy-efficient servers further reduce environmental impact and operational costs, ensuring TM's growth aligns with global sustainability objectives. TM's commitment to sustainable practices was recognised at multiple awards in 2024, including the Gold Award for its Smart Forestry AI tool under the Environment and Natural Resources Sub-Category: Climate Change Mitigation and Adaptation in the MTE 2024 SDG International Innovation Awards. This recognition affirms the group's leadership in sustainability, aligned with Malaysia's environmental goals and net-zero ambitions. 'We believe sustainability is fundamental, not just an afterthought. 'Our goal is to grow responsibly, delivering technology that benefits both the economy and the environment,' said Amar. Long-term value creation 2024 marked the first full year of implementation of its PWR 2030 strategy, which is the group's roadmap to becoming a Digital Powerhouse by 2030 and positioning Malaysia as the digital hub for Asean. 'This phase is about solidifying our foundation to protect the existing core business to better position us in capitalising on emerging opportunities such as hyperconnected data centres, artificial intelligence and graphics processing unit-as-a-service, which are among the new growth areas for TM,' said Amar. During the year, TM made significant progress in strengthening its core businesses across business-to-business, business-to-consumer and consumer-to-consumer amidst intensified market competition. Key milestones include strengthening the convergence proposition and advancing digital solutions such as smart services, cloud, and cybersecurity, as well as enhancing digital infrastructure such as domestic fibre networks, mobile backhaul to support 5G, submarine cable systems and data centres. These strategic developments reinforce TM's commitment to advancing Malaysia's digital future while uplifting the broader ecosystem, with Warga TM continuing to be the driving force behind the group's growth and success. As TM continues its journey, the group remains focused on delivering long-term value creation while creating meaningful impact for the nation. 'TM is not merely a provider of technological infrastructure but an essential enabler and catalyst for a vibrant digital ecosystem, connecting Malaysia to the world and the world to Malaysia. 'As we move forward into the next phase of our journey, every initiative we undertake moves us closer to becoming a Digital Powerhouse by 2030, one that drives national progress, fosters innovation and ensures Malaysia remains at the forefront of the global digital economy,' said Amar, concluding his presentation at TM's AGM.
New Straits Times
21-05-2025
- Business
- New Straits Times
Hektar REIT charts pivot beyond retail
KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT) is charting a bold pivot beyond malls, eyeing high-growth sectors including education, digital infrastructure, industrial assets and potentially renewable energy concessions. Executive director and chief executive officer Zainal Iskandar Ismail said the shift in strategy has already been presented to shareholders. "Of course, moving from 100 per cent retail to new diversification takes time. We have all the deals pipelined in place and we are in the position to choose. "At the same time, I think we are also looking at whatever asset that we have now, we will try to maximise the return in terms of capital valuation and also in enhancement," he said at a press conference today. Zainal said that Hektar is evolving into a different entity moving forward, especially after witnessing how the retail sector was impacted by the Covid-19 pandemic. "With all this trade war between America and China, you are going to see a potential setback in terms of growth. So retail will be affected. "I think moving forward, we are looking at other high growth areas," he added. When asked about the type of digital assets Hektar REIT plans to acquire, Zainal said an official announcement will be made at the appropriate time. He noted that any shift in focus must be backed by the strength of diversification. "In our case, we've been in the retail business since our inception in 2006, so any move must complement and strengthen our core business. "To diversify into something, you must have a new model that actually complements or strengthens your current business model," he said. Zainal said the REIT is aiming to acquire assets that can substantially extend its weighted average lease expiry (WALE). The goal, he added, is to push that figure beyond 10 years, a target achievable only through select asset classes that offer such long-term tenures. "Similarly, digital assets are another area we believe hold strong potential. Unlike malls, where you are limited by net lettable area, digital infrastructure, such as data centers, offers tremendous scalability. It's all about data and traffic, and the revenue model is quite different. "To me, I think moving forward, in order for us to prepare Hektar to become a foolproof REIT with a longer term of expiry, with a secure cash flow in order to offer a better yield, we need to consider this kind of alternative asset class," he added.
Yahoo
13-05-2025
- Automotive
- Yahoo
Perodua unveils EV with fastback design, slated for Q4 launch, confirms battery leasing and phased mass rollout
KUALA LUMPUR, May 8 — Perodua today unveiled the latest update in its EV journey. For Malaysia Autoshow 2025, the national automaker has brought forward the latest prototype which President and CEO, Zainal Abidin Ahmad said that very close to the production version. Perodua EV is on schedule for Q4 release He also revealed that Perodua EV is currently in the final stage of homologation and pilot production is expected to take place within September to October. The company is confident that the EV will be ready to be launched by the end of 2025. The specs for now are generally the same as per what Perodua has revealed before. This includes battery from CATL with 50kWh-ish of capacity, 400km range, and 0-100km/h timing of under 7 seconds. It has also been mentioned that the EV takes around 8 hours to be fully charged via AC charging. As for DC charging, 30 minutes are enough to get the battery to go from 30 per cent to 80 per cent. Zainal did add that the upcoming Perodua EV can hit a top speed of 165km/h while it will also feature ADAS L2 capability and is designed to meet the 5-star A-NCAP classification . He also said that the EV features a fastback design that is skewed towards the lower B-segment. Perodua EV battery leasing is a go Zainal Abidin has also confirmed that the Perodua EV will indeed be offered through a battery leasing service. This will allow the company to offer the new EV for under RM80,000. Customers can also purchase the car by cash or bank loan and then sign up for the battery leasing separately. They can also choose to purchase both the EV and the battery outright although details regarding the purchase and leasing arrangements are still under discussion. Zainal Abidin has also confirmed that the Perodua EV will indeed be offered through a battery leasing service. — SoyaCincau pic However, the company will not be implementing battery swapping service at this juncture. That being said, Zainal pointed out that customers can have the high-voltage battery within the Perodua EV changed in just 30 minutes at the service centre if there is any issue with it. Zainal also pointed out that customers who purchase the battery outright have to pay for a new replacement battery themselves once the 8-year warranty is over, if needed. On the other hand, customers who signed for the leasing service will get the battery replacement for free as long as they retain the subscription. Perodua EV will be a mass production model Another interesting bits of information that Zainal has also revealed at Malaysia Autoshow today that Perodua has decided to turn the EV into a mass production model instead of its initial plan to produce it as a small-scale release. That being said, the initial production will still be quite low at 500 units per month but the company is planning to ramp it up – as many as 2,000 units per month. — SoyaCincau
New Straits Times
08-05-2025
- Automotive
- New Straits Times
Perodua to finalise maiden EV production and launch in Q4
KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) plans to finalise production of its first electric vehicle (EV) by October and launch it by the year-end. The EV, codenamed eMO, will initially be over 30 per cent locally produced at a new factory in Sungai Choh in Rawang, Selangor, said Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad. Production will start at a rate of 500 units a month in the new battery EV plant, Zainal told a press conference after unveiling the EV prototype - presented in a half-cut form - at the Malaysian Autoshow 2025 (MAS 2025) here today. Perodua hopes to increase the local content to over 60 per cent after a few months of production with the localisation of critical components, he added. Perodua eMO's final prototype headlined the MAS 2025 that opened to the media today at MAEPS Serdang before making opening its doors to the public on Friday. This is the third part of Perodua's Electric Motion Online and the final rehearsal before the launch of the production car by December. Perodua first introduced the eMO-II concept at the Kuala Lumpur International Mobility Show (KLIMS) late last year. The eMO-II five-door hatchback from KLIMS has morphed into a small B-segment SUV at MAS 2025. In February, Perodua floated a possible RM80,000 starting price for the company's EV, but without the battery. Zainal said the EV is targeted at the younger buyers and small families, enabling them to enjoy an affordable electric ride. He now confirmed that Perodua EV will offer Battery-as-a-Service (BaaS) battery leasing, a first in Malaysia. The battery is a lithium iron phosphate unit sourced from CATL, with a target range of between 400km and 410km. The performance target is a 0-100 km/h time of between six and seven seconds and top speed of around 165 km/h. "The battery will be leased to buyers. The 'rental' fee is the minimum, and based on surveys by Perodua, many are in favour of this method," Zainal said. He added that the EV battery leasing scheme lowers the cost of the car and ensures that owners will always have a battery in the best condition. The EVs long-term value was a key priority, particularly regarding battery quality and resale price, he said. "If people buy an EV but are not confident in the battery quality, the car's value will drop after eight years. "So, we are ensuring that even after eight or nine years, the car will still retain its value because we control the battery quality. You can always get a new battery from us," he added.
