by Ferry Bayu | Sep 8, 2023 | Business
Cradle Fund, Bursa Malaysia to help startups secure funding, go for listing
KUALA LUMPUR: The partnership between Cradle Fund Sdn Bhd and Bursa Malaysia Bhd is a step forward in propelling local startups for a listing on the stock market.
The two companies today inked a memorandum of collaboration to further enhance awareness pertaining to funding. This includes funding from the equity market.
The partnership also aims to facilitate in the process of early identification of potential companies that are poised for listing on Bursa.
Science, Technology and Innovation Minister Chang Lih Kang said the collaboration is part of the ministry’s Fund Funnel programme, an initiative designed to streamline funding options and offer comprehensive support to startups throughout the funding journey.
This includes from the seed stage to the initial public offering. The Fund Funnel programme was established to address the concerns related to startups particularly due to lack of information about government funding.
To streamline information, the programme aims to provide clear details about funding agencies and the stage where financial support is offered.
Through the partnership, the government would be able to build robust mechanisms to ensure accessibility to startups to necessary funding, mentorship and infrastructure.
“By leveraging the strengths of agencies like Cradle and institutions like Bursa Malaysia, we will enhance the ecosystem’s capacity to provide startups with the support they need,” Chang said at the signing ceremony here.
Bursa chairman Tan Sri Abdul Wahid Omar emphasised that there are two key areas the company intends to focus on through the partnership.
“Firstly, through knowledge-sharing and organising programmes to raise awareness of funding opportunities available through the equity market, to accelerate growth journeys;
“And secondly, by identifying the necessary assistance required by start-ups and offering support by connecting them with other advisers where needed, until they become publicly listed companies on Bursa Malaysia,” he said.
The collaboration is poised to boost more initial public offerings (IPO) from various sectors particularly technology-related IPOs.
Technology companies can also take advantage of the listing expenses incentive provided by the government.
Cradle acting group chief executive officer Norman Matthieu Vanhaecke said the collaboration is for two years.
Cradle will provide market intelligence of the local startup ecosystem to assist Bursa in identifying potential listing candidates.
“Through this collaboration, we hope to empower startups to develop their comprehensive strategies, ultimately paving the way for a successful listing on the exchange while bridging critical funding gaps within the ecosystem.
“By strategically aligning resources, expertise and collaboration, we create an enabling environment where startups can thrive, revolutionise industries and drive economic growth,” he added.
Cradle Fund Sdn. Bhd. (Cradle) is Malaysia’s early stage start-up influencer, incorporated under the Ministry of Finance Malaysia (MOF) in 2003 with a mandate to fund potential and high-calibre tech start-ups through its Cradle Investment Programme (CIP). Cradle is presently administered by Ministry of Science, Technology and Innovation (MOSTI).
+603 4045 8600
en*******@********om.my
by Ferry Bayu | Sep 8, 2023 | Business
FarEastFlora.com Unveils a Stunning Symphony of Colors, Scents, and Textures in their All-New Annual Floral Collection
Singapore – [9 September] – Prepare to be enchanted by the all-new annual launch of FarEastFlora.com’s exquisite floral collection. With over 100 new designs meticulously curated by our creative team, this collection promises to bring a captivating symphony of colors, scents, and textures to your doorstep.
At FarEastFlora.com, we believe in the power of flowers to express emotions and create cherished moments. Our new floral collection offers a wide array of choices, from hand bouquets that radiate elegance to giant bouquets that make a grand statement. You can also explore our table arrangements and table gardens that add a touch of natural beauty to any setting. Additionally, for a truly unique gift, we have introduced a tweed series, where you can opt for a hand bouquet or table arrangement, blending classic and contemporary styles seamlessly.
“Flowers have the incredible ability to brighten someone’s day and convey heartfelt emotions,” said Jolene, Assistant Marketing Communications Manager at FarEastFlora.com. “Our annual floral collection represents our commitment to creativity and innovation, ensuring that there is a perfect floral arrangement for every occasion.”
No matter the occasion – whether it’s a birthday, anniversary, housewarming, proposal, or a simple desire to Make Someone Smile Today – FarEastFlora.com’s new collection has a gift that suits the moment perfectly. And with our same-day delivery service, you can have your chosen arrangement delivered right to their doorstep, ensuring a seamless and timely surprise.
To celebrate the launch of our all-new collection, we are offering an exclusive promotion. Discover a selection of products available at 25% OFF. Visit https://www.fareastflora.com/occasion/new-collection-launch-promotion.html to explore these special offers and find the perfect gift to elevate your next celebration.
FarEastFlora.com continues to be the trusted destination for all your floral needs, combining quality, creativity, and convenience to make every occasion memorable.
For more information and to explore the full range of our annual floral collection, visit https://www.fareastflora.com/occasion/new-collection.html.
FarEastFlora.com (FEF.com) is Singapore’s leading online florist that offers a wide range of over 1,000 all occasion flower bouquets, floral arrangements, plants, gifts and hampers. Established in 1999 as an extension of Far East Flora Pte Ltd, FEF.com is an e-commerce company with retail stores conveniently located at Thomson Road and City Square Mall.
Through constant innovation and commitment to service excellence, FEF.com has since anchored itself as a local e-commerce pioneer and the authority on all things floral. Aspiring to become a regional florist and brand, we have sowed our seeds in other parts of Asia. At FEF.com we believe that it is the unwavering commitment to satisfy our customers’ needs, together with the enthusiastic gift-designing team that has brought us to where we are today. Our achievements and milestones have fortified our resolve for better service to provide beautiful creations, and memorable gifts worthy of our customers and their loved ones.
Jolene
Assistant Marketing Communications Manager
9230 5051
jo*******@**********ra.com
by Ferry Bayu | Sep 7, 2023 | Business
Cebu Pacific offers piso fare in 9.9 seat sale
MANILA — Cebu Pacific is offering P1 seats for selected flights as part of its 9.9 Super Seat Fest.
In a tweet, the budget carrier said seats to destinations like Bacolod, Coron, Bohol, Tacloban, Boracay, Puerto Princesa, and other local destinations are available for a P1 base fare.
The piso fare is also available for flights to Jakarta, Macau, Hong Kong, Bangkok, Beijing, Taipei, and other Asian destinations.
Passengers must book their flights from September 7-10 to avail of the promo, then travel anytime from April to August 31, 2024.
Cebu Pacific’s net income reached P2.7 billion from April to June 2023, a reversal of the P1.9 billion net loss it recorded in the same period last year.
It is also expanding its fleet after facing complaints over flight delays and cancellations that have led to calls to suspend its franchise.
by Ferry Bayu | Sep 7, 2023 | Business
Embrace the Joy of Reunion with FarEastFlora.com’s Enchanting Mid-Autumn Collection
The Mid-Autumn Festival, a cherished time for family reunions, is just around the corner on September 29, 2023. As you gather your loved ones for a night filled with heartfelt conversations and delectable mooncakes, FarEastFlora.com invites you to make this occasion even more special with their thoughtfully curated Mid-Autumn Collection of flowers and gift pairings, featuring both traditional and snowskin mooncakes from renowned brands like Marriott, Kele, and Chang Ho Sek.
Singapore – [9 September] – The Mid-Autumn Festival, a cherished time for family reunions and moon gazing, is just around the corner on September 29, 2023. As you gather your loved ones for a night filled with heartfelt conversations and delectable mooncakes, FarEastFlora.com invites you to make this occasion even more special with their thoughtfully curated Mid-Autumn Collection.
At FarEastFlora.com, we understand the importance of celebrating moments that matter. This Mid-Autumn Festival, we bring you an exquisite selection of gift sets and pairings that blend tradition with uniqueness, offering you the perfect way to show your appreciation and love.
“Our Mid-Autumn Collection is all about bringing people closer, creating beautiful memories, and making gifting easier,” said Jolene, Assistant Marketing Communications Manager at FarEastFlora.com. “We believe in the power of thoughtful gestures, and our collection is designed to help you express your love and gratitude in the most meaningful way.”
Explore our thoughtfully curated collection of gift sets and pairings featuring both traditional and snowskin mooncakes from Marriott, Kele and Chang Ho Sek. To complement the mooncakes, we offer beautiful blooming teas from Petale Tea, as well as fresh fruits that add a touch of health and freshness to your celebrations. Additionally, our collection includes phalaenopsis and alluring blooms, like this a charming bunny crafted out of fresh flowers that will undoubtedly make this Mid-Autumn Festival a memorable one.
To make gifting even more delightful, FarEastFlora.com is offering a special promotion. Gift a family member, friend, or business partner, and enjoy up to $25 OFF when you order from our Mid-Autumn Festival Collection by September 29, 2023. And to make your experience hassle-free, we provide reliable same-day delivery services, ensuring your gifts reach their recipients promptly and in perfect condition.
This Mid-Autumn Festival, celebrate the joy of reunion and create lasting memories with FarEastFlora.com’s enchanting collection. Explore our offerings, choose the perfect gift, and let us help you express your love and appreciation in the most delightful way.
For more information and to explore the full range of Mid-Autumn Festival gift sets, visit https://www.fareastflora.com/occasion/mid-autumn.html.
FarEastFlora.com (FEF.com) is Singapore’s leading online florist that offers a wide range of over 1,000 all occasion flower bouquets, floral arrangements, plants, gifts and hampers. Established in 1999 as an extension of Far East Flora Pte Ltd, FEF.com is an e-commerce company with retail stores conveniently located at Thomson Road and City Square Mall.
Through constant innovation and commitment to service excellence, FEF.com has since anchored itself as a local e-commerce pioneer and the authority on all things floral. Aspiring to become a regional florist and brand, we have sowed our seeds in other parts of Asia. At FEF.com we believe that it is the unwavering commitment to satisfy our customers’ needs, together with the enthusiastic gift-designing team that has brought us to where we are today. Our achievements and milestones have fortified our resolve for better service to provide beautiful creations, and memorable gifts worthy of our customers and their loved ones.
Jolene
Assistant Marketing Communications Manager
9230 5051
jo*******@**********ra.com
by Ferry Bayu | Sep 7, 2023 | Business
Powerhouse International Sets Eyes on COD:M World Championship with New Acquisition
Singapore brand, Powerhouse International acquires Zhig Zhag, former Almghty team as 2023 CODM roster and aim to make her mark in the esports competitive scene by qualifying for CODM World Championship 2023 Stage 5 tournament in December.
Powerhouse International Sets Eyes on COD:M World Championship with New Acquisition
New Singapore esports brand, Powerhouse International acquires Zhig Zhag as 2023 Call of Duty:Mobile (COD:M) roster to make her mark on the competitive esports scene.
Zhig Zhag, former AMT is a high performing professional team in the COD:M multi-player mode. On top of the numerous achievements they have obtained in various Garena and regional tournaments, the team also qualified back to back in the COD:M World Championship in 2021 and 2022, representing Southeast Asia and Singapore.
The team is made up of the original line up – Incendio, IrfanJ, Sh4d4p, former blacklist ultimate members – Skerd, FDx as well as former SEM9’s B1ngo. When asked about his confidence level of the new line up’s ability to perform, team captain Incendio said, “I am extremely confident that this line up will excel because it is made up of individuals who really want to win.”.
The acquisition of the team represents a bold step forward for Powerhouse International and underscores their commitment to building a formidable presence in the esports arena. This acquisition is expected to propel both parties to new heights and create exciting opportunities for fans, sponsors, and players alike.
Don Dave Buenafe, Co-founder at Powerhouse International, expressed their enthusiasm about this groundbreaking acquisition, saying, “In the world of business and esports, the acquisition of this team is not just a move, but a strategic symphony. It’s the harmony of shared vision and goals that compose the future of victory.”
Director of Powerhouse International, Faith Lau added, “What we see in the team is a desire to consistently improve and play to win. These are the traits that will win them championships. We believe strongly in the team and we are ready to take on some of the greatest teams in Garena, Asia and the World.”
The team just finished the Garena Masters V group stage with a perfect 7-0 match score and are due to face off against their long time rivals such as Smart Omega and EZR Booky in the playoffs. Meanwhile, they have set their eyes to qualify for the COD:M World Championship Stage 5 third time in a row.
Zhig Zhag will now play as Powerhouse.
Officially established in 2023, Paramount Gaming Pte Ltd is an Esports organisation dedicated to promote and elevate esports. The company has two brands under her belt – Paramount Gaming Esports, an esports event management and production brand and Powerhouse International, an esports talent brand.
Faith Lau
+65 90297653
fa***@*******rt.com
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