Arah.my

Logo-Arah
Menu
Author

TMR

BusinessNews

Ann Joo accepts Axis-REIT’s RM800m offer for disposal and leaseback of Penang industrial land

written by

ANN JOO Resources Bhd has accepted a conditional letter of offer from Axis REIT Managers Bhd, on behalf of RHB Trustees Bhd — the trustee for Axis Real Estate Investment Trust (Axis-REIT) — for the proposed disposal and leaseback of its industrial land and buildings in Prai, Penang, for an indicative cash consideration of RM800 million.

In a bourse filing, Ann Joo said its wholly-owned unit, Ann Joo Steel Bhd (AJSB), will dispose of 135.53 acres of freehold industrial land, comprising Land A (94.21 acres) and Land B (41.32 acres), together with the buildings thereon.

The land forms part of a 200.55-acre master title in Bandar Prai.

Following the disposal, AJSB will lease back the properties from Axis-REIT for a fixed term of eight years for Land A and five years for Land B.

The monthly rental for Land A will start at RM2.89 million for the first six years, decreasing to RM2.17 million in year seven and RM1.45 million in year eight, while Land B will carry a monthly rental of RM1.27 million throughout the five-year term.

Under the leaseback arrangement, AJSB will bear all quit rent, assessment rates, fire insurance, maintenance charges, and utilities for the duration of the lease.

The disposal price, equivalent to RM135.51 per sq ft, is subject to adjustments based on final land surveys and an independent valuation to be obtained prior to the signing of the sale and purchase agreement (SPA).

Ann Joo said the parties will enter into definitive agreements comprising the SPA and the lease agreement once relevant conditions are met.

The transaction will require approval from Ann Joo’s shareholders and other regulatory authorities. — TMR

The post Ann Joo accepts Axis-REIT’s RM800m offer for disposal and leaseback of Penang industrial land appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
Corporate MalaysiaNews

Central Global revokes RM3.67 mil property purchases in Kajang, Cheras

written by

CENTRAL Global Bhd (CGB) said its wholly-owned sub-subsidiary, Central Global Development Sdn Bhd (CGD), has mutually agreed to revoke three sale and purchase agreements (SPAs) for the acquisition of residential land parcels in Taman Bukit Sungai Long, Kajang, and Cheras, Selangor, with a total consideration of RM3.67 million.

The SPAs, signed on May 21, 2025, were with Chew Hian Tat, who is also the group MD and major shareholder of Central Global.

CGB said both parties executed three Deeds of Revocation on Nov 6, 2025, releasing each other from all terms and conditions of the earlier agreements.

According to CGB, the decision was part of the group’s strategic move to realign its business focus and channel resources toward emerging opportunities with stronger growth potential.

The 10% deposit paid by CGD, amounting to RM367,000, has been fully refunded by the vendor.

CGB’s board said the revocation is in the best interest of the group, adding that the deeds will be available for inspection at the company’s registered office for one month. — TMR

The post Central Global revokes RM3.67 mil property purchases in Kajang, Cheras appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
MarketsNews

Catcha Digital to acquire TechNave owner Maxoom for RM6.m

written by

CATCHA Digital Bhd’s wholly-owned subsidiary iMedia Asia Sdn Bhd has signed a conditional share sale agreement to acquire Maxoom Sdn Bhd, the owner and operator of TechNave, Malaysia’s leading multilingual tech media platform, for RM6.13 million in cash.

The acquisition marks Catcha Digital’s entry into the consumer technology vertical, further strengthening its position in the digital media landscape.

The purchase will be funded internally and consists of a RM1.8 million completion payment and a RM4.33 million post-completion payment due 12 months later.

TechNave produces multilingual technology news and reviews across English, Chinese and Malay, with over 2 million monthly social media reach and 1.5 million monthly video views.

It maintains partnerships with global brands such as Samsung, Oppo, Huawei, Honor and Xiaomi.

Catcha Digital said the deal is expected to be immediately value-accretive, unlocking cost and revenue synergies across its iMedia portfolio.

Chairman Patrick Grove said the move secures a market-leading platform in the high-growth consumer tech space, while TechNave co-founder Steven Boon described the acquisition as the “perfect next chapter” for the brand’s expansion. — TMR

The post Catcha Digital to acquire TechNave owner Maxoom for RM6.m appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
Corporate MalaysiaNews

Gamuda, Perak agency ink MoU with PBAPP for treated water supply to Penang

written by

GAMUDA Bhd and Perbadanan Kemajuan Negeri Perak (PKNPk), via their joint venture PKNPk-Gamuda JV, have signed a memorandum of understanding (MoU) with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) for the sale of excess treated water from the Northern Perak Water Supply Scheme (NPWSS) to Penang.

The agreement marks a major step forward in resolving a long-standing water supply impasse between Perak and Penang, paving the way for a definitive bulk water supply agreement (BWSA) expected to be executed within six months, subject to regulatory approvals.

Under the MoU, the supplier — a company to be incorporated by the PKNPk-Gamuda JV and approved by the Perak state government — will supply treated water to PBAPP, Penang’s water operator. T

The signing ceremony, held in Ipoh, was witnessed by Perak Menteri Besar Datuk Seri Saarani Mohamad and Penang Chief Minister Chow Kon Yeow, along with senior officials from both state governments.

The broader NPWSS involves the transfer of 1,500 million litres per day (MLD) of raw water from Sungai Perak to the Bukit Merah Dam, meeting the needs of irrigation, domestic, and industrial users in northern Perak, including the upcoming Kerian Integrated Green Industrial Park (KIGIP).

Saarani said the MoU represents a historic milestone after more than a decade of stalled discussions between the two states.

“Construction completion is 2030, which is important to address Penang’s projected deficit, as per the report published by KASA in 2022. For Perak, this critically secures long-term water for irrigation needs in northern Perak and for the upcoming KIGIP,” he said.

He added that the project aligns with Perak’s Perak Sejahtera 2030 development agenda, creating a new long-term revenue stream for the state for the next 40 years.

Saarani also noted that the project fits within the public investment strategy outlined in Malaysia’s upcoming Budget 2026, with potential for federal financing or a public-private partnership (PPP) structure.

“The state government places its full confidence in the PKNPk-Gamuda JV. Their proven track record in operating water treatment plants and delivering complex infrastructure on time and on budget provides the necessary assurance that this critical scheme will meet its 2030 completion target for the benefit of both Perak and Penang,” he said.

Meanwhile, Chow described the MoU as a “vital breakthrough” in securing Penang’s long-term water supply.

“Penang is committed to solving the state’s long-term water supply issues and we are pleased to reach this landmark understanding with Perak,” he said.

“This agreement essentially secures a reliable source for long-term treated water at an affordable rate. Penang now has increased diversification of our water supply sources and a reduced reliance on Sungai Muda.”

Chow added that the NPWSS complements Penang’s Water Contingency Plan 2030, with the new water source expected to come online by 2031.

“This is crucial for Penang’s ability to continue attracting high-value investments, which will support our local economy and industrial growth for decades to come,” he said.

The post Gamuda, Perak agency ink MoU with PBAPP for treated water supply to Penang appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
BusinessNews

KUB Malaysia changes name to JAG Capital

written by

MAIN-Market listed KUB Malaysia Bhd has changed its name to JAG Capital Bhd, effective Nov 3.

The company has received the notice of registration of the new name pursuant to Section 28 of the Companies Act 2016 issued by the Companies Commission of Malaysia, it said in an exchange filing.

The proposed change of name was first announced to the stock exchange on Sept 18.

The company’s shares will be traded and quoted under Jag Capital, with its new stock short name of JAGCPTL, with effect from Nov 10.

The company’s stock codes remain unchanged, it added.

The shares closed at 90 sen on Wednesday, valuing the company at RM493 million. Its 52-week high/low was RM1.18/54 sen. — TMR

The post KUB Malaysia changes name to JAG Capital appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
BusinessNews

KNM gets overwhelming shareholder support for Borsiq sale

written by
The firm’s regularisation plan to exit its PN17 status hinges largely on asset sales

NEWLY delisted KNM Group Bhd said it has received overwhelming shareholder support for the proposed sale of Deutsche KNM GmbH (DKNM) to NGK Insulators Ltd of Japan, describing it as a ‘pivotal milestone’ in KNM’s turnaround and recovery journey.

A total of 93.74% of shareholders voted in favour of the resolution at its extraordinary general meeting (EGM) today, the company said in a statement.
 
The approval paves the way for KNM to move forward with the disposal of DKNM for €270 million (about RM1.3 billion) — a transaction that will significantly strengthen the group’s balance sheet by reducing its debt obligations and providing the necessary working capital to revitalise its Malaysian operations, it added.

KNM CEO Ravindrasingham Balasingham the company had invited the Minority Shareholders Watch Group (MSWG) to directly engage with minority shareholders present at the meeting.

MSWG observed the entire session and raised questions, all of which were addressed comprehensively by KNM’s board and management, according to the statement.

“They raised the issue of absence of an independent advise letter,” Ravi told The Malaysian Reserve when contacted after the meeting.

KNM is fresh out of a tussle with the local stock exchange. It was delisted from the Bursa Malaysia Securities, effective Nov 5, after failing to work its way out of the Practice Note 17 (PN17) status.

MAA Group Bhd (MAAG), which owns close to one-fifth of ailing KNM Group Bhd, had urged shareholders to support the sale of its German-based crown jewel as a way out of its financial predicament.

“”MAAG called this KNM’s EGM under 313 of Companies Act 2016. MAAG could not prepare a circular or an independent advise letter without getting access to inside information from KNM, which would be breaking other laws. So they produced a statement with 1,000 words as permitted by s323 of the Companies Act, based on publicly available information relevant to the resolution,’ he told The Malaysian Reserve.

In the same statement, Yaacob said closing the disposal of DKNM to NGK is a big step towards the turnaround of KNM Group, describing the shareholder support as the ‘last outstanding condition precedent which is ‘key to sealing this deal’. — TMR

The post KNM gets overwhelming shareholder support for Borsiq sale appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
News

NGOs: ‘Anti-homeless’ designs fail to address root causes

written by
Coordinating housing, healthcare and employment support for the homeless remains key to lasting solutions (pic: MEDIA MULIA)

KUALA Lumpur City Hall’s (DBKL) plan to study “anti-homeless” urban infrastructure has drawn criticism from advocacy groups that say it masks poverty instead of addressing it.

According to an online news portal, the proposal, announced by Federal Territories Minister Dr Zaliha Mustafa, involves reviewing designs used in cities such as London, Tokyo and Singapore that maintain public spaces while discouraging prolonged homeless activities.

Dr Zaliha said the Ministry of Federal Territories is considering features such as benches that deter sleeping and improved lighting to promote safety and short-term use.

She added that the plan includes introducing retort packaging for food distribution to improve hygiene and shelf life.

Yellow House KL founder Shyam Priah Marimuthu said the approach risks being “symbolic and exclusionary,” arguing that it would make cities look cleaner while deepening inequality.

“If the city simply installs hostile architecture without addressing root causes, it is managing visibility, not eradicating homelessness,” Shyam said. 

She urged DBKL to adopt a long-term strategy that integrates housing, mental health, employment and social support, citing success from the NGO’s Housing First micro-hub project.

“People received housing first, followed by assistance to secure jobs, healthcare and legal aid. Within four months, 85% of our 138 clients had found and kept jobs,” she said.

Yayasan Chow Kit founder Hartini Zainudin said much depends on how DBKL implements the policy, warning that anti-homeless infrastructure could reinforce exclusion if poorly executed.

“Some aspects, like better coordination of feeding points, may be practical. But overall, the plan appears aimed at managing visibility rather than reducing homelessness,” she said.

Hartini added that international examples show defensive urban design often pushes people into unsafe areas, making outreach more difficult.

She cautioned that KL should not treat homelessness as a nuisance but as a social challenge that requires compassion and policy innovation.

The post NGOs: ‘Anti-homeless’ designs fail to address root causes appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
PR Newswire

The Annual Final Window for Retail Buyers! Full Category Coverage + Precise Matchmaking. FHC2025 Offers One-Stop Solution for 2026 Hot-Selling Product Sourcing! 【Free Ticket Registration Closing Soon】

written by

SHANGHAI, Nov. 6, 2025 /PRNewswire/ — 2025 FHC Shanghai Global Food Trade Show is now in the final countdown to its opening! Known as the “super interface for global food and beverage trade”, this grand event has become a key “battleground” for retail buyers to stock up and expand product ranges — covering a total exhibition area of 200,000 square meters across all halls of the Shanghai New International Expo Center, it gathers over 3,000 high-quality global exhibitors with more than 300,000 featured products. These include imported specialties from over 50 international pavilions and annual new products from leading domestic brands.

Currently, international exhibits are arriving in Shanghai. Participants for 10+ international professional competitions are ready for action. Nearly 20 summit forums will convene top players in the F&B industry. Multiple themed matchmaking sessions covering international, domestic, e-commerce, and group buying are all set. In addition, 8 concurrent vertical exhibitions are also prepared. The free ticket registration channel will close soon (13:00 on 10th November). Retail buyers should secure their spots now to efficiently finalize their 2026 omni-channel hot-seller list in just 3 days!

I. FHC2025 Panoramic Overview: 200,000
㎡
Sourcing Space, An Annual Appointment for 3,000+ Exhibitors & Over 180,000 Buyers

The 28th FHC Shanghai Global Food Trade Show is hosted by All China Bakery Association, Shanghai Restaurants Cuisine Association and Shanghai Sinoexpo Informa Markets International Exhibition Co., Ltd., with co-hosting by the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products. As one of the most influential professional exhibitions in the food and beverage industry, FHC has successfully held 27 sessions, serving over one million professional buyers and becoming the “first-choice springboard” for international exhibitors to enter the Chinese market.

This year’s exhibition has reached a new scale: covering 200,000 square meters across all halls, it has attracted over 3,000 global exhibitors (with international exhibitors accounting for more than 30%), including well-known brands such as Mengniu, Bright Meat, Dandenong, Ewen, LIHOO’S, and LEADER, as well as international pavilions from 50+ countries/regions including Italy, Japan, Singapore, South Korea, Spain, Turkey, Germany, Austria, Australia, the UK, Thailand, Russia, the EU, South Africa, the US, Switzerland, the Netherlands, and Ecuador. It is expected to welcome over 180,000 professional buyers from more than 100 countries/regions, covering all channels such as importers, distributors, supermarkets/convenience stores, e-commerce new retail, and hotel catering.

II. 15 Product Segments: Full Industry Chain Coverage, Meeting Both Established & Emerging Demands

FHC2025 expands its product sections to 15 categories for the first time. Covering the entire F&B industry chain from upstream ingredients to downstream processing equipment, and from traditional staple categories to emerging potential sectors, it precisely matches the sourcing needs of diverse retail channels. Notably, the two newly added sections—baby & child food products and food & medicine homology—have become key points of interest this year.

Classic Staple Categories: Shelf-Staple Products Continuously Updated

  1. The Meat Products section gathers excellent brands like Bright Meat, Dandenong, Hormel, Yurun, and STATE FARM, offering chilled meats, jerky, sausages, prepared steaks, etc., adaptable for snacks, meal accompaniments, ready-to-eat dishes, and more, with flexible packaging suitable for warehouse clubs, community retail, and convenience stores.
  2. The Snack Foods section features brands like Wolong, Hershey’s, YOUJIA, Juanzi, and Best Choice, bringing “small-pack, healthier” snacks aligned with current consumption habits, ideal for checkout counter placement in convenience stores.
  3. The Dairy Products section includes items like Milkground cheese sticks, Arla ambient milk, and Weidendorf pure milk, addressing pain points for tea & beverage shops while meeting diverse consumer demands for specific dairy needs.

Emerging Potential Categories: Exploring New Consumer Blue Oceans

  1. The Baby & Child Food Products section has attracted over 50 exhibitors, covering categories such as organic supplementary food, maternal and child health food, and nutritional dietary supplements.
  2. The Food & Medicine Homology section includes traditional health foods (ejiao, wolfberry, black sesame, poria, red date products) and new favorites in healthy eating (turmeric, prickly pear, five-finger peach, and other popular items).
  3. Products like Russian cedar nuts, birch sap, Thai tropical dried fruits, South African wine, and Ecuadorian premium chocolate still have blue ocean markets in domestic retail channels and possess “differentiation” advantages, suitable for premium supermarkets and imported food stores to build distinctive shelves.

Supporting Service Categories: Intelligent Catering Technology Drives Cost Reduction & Efficiency Improvement

In addition to sections such as Food Processing & Packaging, Canned Equipment & Raw Materials, and Machinery & Equipment, FHC2025 has specially set up the 2025 World Al & Robots for Food Eco Expo, gathering six industry benchmark brands including JBC, Chefeon, Panda Cook, UNICOOK, PEMAIC and Xing Chu. It focuses on displaying cutting-edge equipment such as intelligent stir-fry machine, building a global platform for technical exchange, resource matching, and trend discussion, promoting the catering industry’s transition from “traditional manual work” to “intelligent standardization” and helping Chinese intelligent catering equipment go global.

III. 50+ International Pavilions: Global Goods Direct Supply, Easily Creating Differentiated Assortments

More than 50 international pavilions (with 350 international exhibitors) bring characteristic foods from around the world. Retail merchants can connect with source suppliers without cross-border sourcing, communicate purchase intentions face-to-face, and reduce matching costs and risks.

Guest of Honor – European Union (N3D31): Premium Quality Choice

As the Guest of Honor for this year’s exhibition, the EU Pavilion has created an exclusive hall with the theme “IRRESISTIBLE EUROPE, COUNTLESS COMBINATIONS”, showcasing over 220 types of premium products covering 27 member states. These include:

  1. Geographical Indication (GI) protected products: Relying on the EU quality certification system to ensure unique products from specific regions and their traditional production techniques.
  2. Organic certified products: Demonstrating Europe’s firm commitment to sustainable development.

An immersive product promotion conference will be held on-site, and renowned chefs such as Fabio Falanga and Gu Junjie will be invited to give wonderful cooking performances, allowing participants to witness the diversity and excellent quality of European ingredients. Free pre-registration will grant you the qualification to communicate with Michelin-starred chefs, and you can directly finalize purchase intentions with enterprise representatives on-site.

Global Food & Beverage Flavor Matrix, Waiting for You to Explore:

  1. Hall N1: Thailand, Japan, Singapore, South Korea
  2. Hall N2: Russia, Armenia, South Africa, the UK, Australia
  3. Hall N3: EU, Turkey, Germany, Austria, Italy, the Philippines, the Netherlands, Switzerland, Sri Lanka, Ecuador
  4. Hall N4: USA
  5. Hall N5: USA, Canada, Uruguay

2025 FHC Matchmaking: Precise Supply-Demand Matching, Quickly Finalizing Cooperation

To help retail buyers source efficiently and avoid searching exhibitors on-site, FHC2025 has specially created “2025 FHC Matchmaking”. Through million-level database matching and precise intention surveys, it achieves efficient matching between supply and demand. A small number of negotiation seats are still available — complete registration now to prioritize securing your spot.

The FHC organizer pre-surveys exhibitor market needs and invites procurement heads from top retail platforms like Sam’s Club, Yonghui, and JD Super to attend. Dedicated sessions include: Branded Hotel Chains, Distributors & Wholesale Traders, Supermarkets & Retail Chains, Restaurant, Coffee & Tea Chains, Food Import/Export & Supply-chain Service Providers, Executive Chef Product Selection, Hotels & Restaurants; and the E-commerce Matching Hub covering community group buying, live stream e-commerce, MCN KOL agencies, etc., enhancing sourcing efficiency and accuracy.

V. 10+ Competitions & Events: Discover Industry Talent, Explore Product Innovation

FHC2025 will host over 10 international competitions and featured events covering culinary, bakery, coffee, fashion drinks, and chocolate. Through the innovative interpretation of ingredients by outstanding industry contestants, on-site visitors can not only intuitively understand ingredient quality and application scenarios but also discover blockbuster products and differentiated tracks in the food and beverage industry.

Culinary Competition: Witness the Practical Performance of Ingredients

The 26th FHC China International Culinary Arts Competition — the only international competition in China certified by WACS. It invites international authoritative judges, and contestants create dishes using designated ingredients provided by FHC exhibitors.

Coffee, Fashion Drinks and Chocolate Competitions & Events: Capture the ‘Aesthetic Economy’ Traffic

Coffee, Fashion Drinks and Chocolate Competitions & Events (both ornamental and practical) inject fresh vitality into FHC2025: Professional baristas roast different varieties and flavors of coffee beans to achieve the most suitable taste, and demonstrate excellent skills with “coffee as canvas and frothed milk as brush”. Beverage mixologists integrate taste, vision, and texture into a cup of creative drinks. The Chocolate Art Show seamlessly integrates traditional Chinese culture into chocolate, presenting exquisite sculptural works.

VI. Nearly 20 Professional Forums: Analyzing Industry Trends, Identifying Market Opportunities

FHC2025 will host nearly 20 cutting-edge high-level forums, inviting brand founders, industry experts, and other opinion leaders to focus on hot tracks such as retail, e-commerce, catering, and chain operations. They will interpret topics including smart retail transformation paths, new e-commerce traffic logic, and catering chain expansion strategies, helping food and beverage practitioners capture new market growth opportunities.

VII. Golden Apple Awards: Industry Quality Benchmark, Providing Sourcing Reference

FHC Golden Apple Awards have been held for many years and are highly credible honors in the food and beverage industry. They not only recognize exhibitors and products but also provide “quality endorsement” for retail buyers, helping them quickly screen high-quality products and avoid risks in sourcing.

This year’s Golden Apple Awards have been fully upgraded in terms of award settings, adding awards such as Most-Trending Product of The Year, Excellence Quality of The Year, Innovative Brand of The Year, Global Impact of The Year, Global Brand of The Year, Top-Tier Buyer of The Year, and Master Craftsmanship Award. These awards fully cover key links in the food and catering industry chain. Award-winning products and enterprises will be displayed in the “Golden Apple Zone” on-site, giving them an advantage in expanding potential markets.

VIII. 8 Concurrent Exhibitions: One-Stop Visiting, Cross-Category Sourcing Supplement

FHC2025 adopts the “exhibition-within-an-exhibition” model, with 8 concurrent vertical exhibitions held simultaneously. With an FHC visitor pass, you can access all halls, realizing cross-category sourcing of “Food + Wine + Gifts + Equipment + Franchising”, saving time and travel costs, and improving exhibition visit efficiency.

2025 FHC Concurrent Exhibitions

  1. ProWine Shanghai- International Trade Fair for Wines & Spirits
  2. SFE-The 40th Shanghai International Franchise Exhibition
  3. Shanghai International Canned Food and Raw Materials, Machinery and Equipment Expo 2025
  4. Salon du Chocolat Shanghai
  5. 2025 China (Shanghai) International Fruit and Vegetable Trade Fair
  6. The 26th Shanghai International Gift and Home Furnishings and Gift Box Food and Customized Packaging Exhibition
  7. 2025 DLF China Refrigerated Food Expo
  8. 2025 AGR Global Geographical Indication & Regional Brand Agricultural Products Expo

IX. Omni-Channel Media Exposure: Facilitating Cooperation Implementation, Enhancing Brand Visibility

FHC2025 relies on a strong media matrix to provide omni-channel exposure support for exhibitors and buyers. It not only helps buyers quickly connect with high-quality exhibitors but also enhances the market visibility of products, helping brands open up sales channels rapidly.

The exhibition has a 1.2 million professional visitor database, over 12 domestic and foreign mainstream media, and 2 million targeted industry communities. In 2024, its omni-channel exposure reached 120 million impressions. In 2025, the media matrix is further upgraded: it designs professional buyer visit routes, and through “live streaming of exhibition tours”, synchronizes content such as exhibitors’ brand stories, product highlights, buyers’ sourcing live streams, and competition events to mainstream social media. It also conducts “online + offline” combined visits to exhibitor booths, recommending high-quality products, and increasing product exposure.

Conclusion: Countdown to Opening! Securing Tickets Means Securing Annual Goodies & Business Opportunities

FHC2025 has prepared an “annual food and beverage sourcing plan” for global professional buyers — covering over 300,000 products across all categories, providing global characteristic foods through more than 50 international pavilions, exploring traditional and emerging rigid demands through 15 segments, realizing cross-category sourcing through 8 concurrent exhibitions, and offering exhibition resources such as precise matching, trend forums, and media exposure. Finalize the 2026 omni-channel best-selling product list in just 3 days of exhibition visit!

Free ticket registration is closing soon — after 13:00 on November 10, tickets will be available for RMB 100. From November 12 to 14 at the Shanghai New International Expo Center, FHC invites global food and beverage practitioners to attend this grand event, seize market opportunities, and prepare for new growth in 2026!

[Booth Booking]                       

Alex Ni

Tel: +86 21 3339 2242

E-mail: [email protected]

[Marketing Cooperation]

Lizzy Chen

Tel: +86 21 3339 2566



E-mail: [email protected] 

Cision View original content:https://www.prnewswire.com/apac/news-releases/the-annual-final-window-for-retail-buyers-full-category-coverage–precise-matchmaking-fhc2025-offers-one-stop-solution-for-2026-hot-selling-product-sourcing-free-ticket-registration-closing-soon-302606795.html

SOURCE FHC Shanghai Global Food Trade Show

The post The Annual Final Window for Retail Buyers! Full Category Coverage + Precise Matchmaking. FHC2025 Offers One-Stop Solution for 2026 Hot-Selling Product Sourcing! 【Free Ticket Registration Closing Soon】 appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
PR Newswire

Securitas AB Interim Report Q3 2025 January-September

written by

STOCKHOLM, Nov. 6, 2025 /PRNewswire/ —

July–September 2025

  • Total sales MSEK 38 521 (40 229) 
  • Organic sales growth 3 percent (5)
  • Adjusted organic sales growth, 4 percent*
  • Real sales growth within technology and solutions 4 percent (6)
  • Operating income before amortization MSEK 3 107 (3 006)
  • Operating margin 8.1 percent (7.5)
  • Adjusted operating margin, 8.3 percent (7.6)*
  • Items affecting comparability (IAC) MSEK –1 527 (–697), whereof MSEK –1 462 (0) related to the close-down of the government business within SCIS
  • Earnings per share, SEK 1.09 (2.03)
  • Earnings per share before IAC, SEK 3.34 (3.05)
  • Cash flow from operating activities 106 percent (115) 

January–September 2025

  • Total sales MSEK 116 691 (120 127)
  • Organic sales growth 4 percent (5)
  • Adjusted organic sales growth, 4 percent*
  • Real sales growth within technology and solutions 5 percent (7)
  • Operating income before amortization MSEK 8 430 (8 164)
  • Operating margin 7.2 percent (6.8)
  • Adjusted operating margin, 7.5 ­percent (7.0)*
  • Items affecting comparability (IAC) MSEK –1 770 (–1 157), whereof MSEK –1 462 (0) related to the close-down of the government business within SCIS
  • Earnings per share SEK 5.95 (6.15)
  • Earnings per share before IAC, SEK 8.48 (7.76)
  • Net debt/EBITDA ratio 2.2 (2.7)
  • Cash flow from operating activities 74 percent (58) 

*A new key ratio, operating margin adjusted for the government business within SCIS in the process of being closed down, was added as of the second quarter 2025. A new key ratio, organic sales growth adjusted for the same business, has been added as of the third quarter 2025. Refer to note 5 for further information. 

Comments from the President and CEO 

“Strong delivery with an operating margin exceeding 8% in the third quarter”

We achieved an important milestone in the third quarter, delivering an operating margin exceeding 8 percent. This is the result of strong strategic execution and performance across all our business segments. We are on the right track to achieve our financial target of an operating margin of 8 percent in the second half of 2025. 

Organic sales growth was in line with our expectations, driven by strong performance in security services in North America. In security services Europe, organic sales growth was hampered by the ongoing active portfolio management activities. Real sales growth in tech­nol­ogy and solutions was 4 percent, which is below our expectations and will be a priority area the coming quarters. 

We generated solid operating cash flow in the third quarter, and nine months into 2025 we have improved our cash generation substantially compared to last year. This supported continued deleveraging, resulting in a net debt to EBITDA ratio of 2.2.

A RESILIENT BUSINESS

Our clients navigate a complex risk landscape where our long-term partnership approach, supported by deep security expertise, a global presence and AI-enabled digital capabilities, makes us the preferred security partner in the market. 

In a time marked by global uncertainty, geopolitical risks and macro volatility, our resilient business model has consistently demonstrated its strength by delivering local security services close to our clients. Despite ongoing uncertainty, we had no material impact from shifts in the global trade landscape in the third quarter.

PROFITABILITY A PRIORITY

The third quarter performance confirms a material profitability improvement in both technology and solutions, and in security services. In technology and solutions, our strengthened commercial offering and cost management resulted in an operating margin of 11.7 percent (11.2). In the security services business, active portfolio management and increasing margins on new sales, improved the operating margin to 6.9 percent (6.6). In recent years, we have taken a disciplined approach to address the most underperforming security services contracts in our portfolio and we expect the vast majority of this work to be completed across Europe by the first half of 2026. 

The ongoing business optimization program has been well executed and contributed to the margin improvement in the third quarter. The targeted MSEK 200 in annualized savings has in all material aspects been executed as of the third quarter. 

The close-down of the government business within SCIS started in the third quarter and is progressing according to plan. The close-down will positively impact the Group’s long-term profitability and cash generation and we estimate that the process will be largely completed by the end of 2026. Although we have some remaining work to refine our business portfolio to sharpen our long-term performance and competitive position, the strategic assessment program is now nearing its end and we expect to conclude the final activities in the coming quarters. 

CREATING LONG-TERM SHAREHOLDER VALUE

Our strategy to build a more scalable Securitas focused on technology and digital capabilities is yielding results. We have delivered 19 quarters of consecutive operating margin improvement and have strengthened our operational cash flow generation consistently over time. In the third quarter, we delivered a record-high operating margin and achieved 19 percent growth of earnings per share. Today’s Securitas is a more resilient and future-proof company, well-positioned to continue to generate long-term value for our shareholders.

Magnus Ahlqvist
President and CEO

PRESENTATION OF THE INTERIM REPORT

Analysts and media are invited to participate in a telephone ­conference on November 6, 2025, at 9.30 a.m. (CET) where President and CEO Magnus Ahlqvist and CFO Andreas Lindback will present the report and answer questions. The ­telephone conference will also be audio cast live via Securitas’ website www.securitas.com.

To follow the audio cast of the telephone conference via the web, please follow the link
www.securitas.com/en/investors/financial-reports-and-presentations/

A recorded version of the audio cast will be available at www.securitas.com/en/investors/financial-reports-and-presentations/ after the ­telephone conference.

For further information, please contact:
Micaela Sjökvist, Vice President, Investor Relations, +46 76 116 7443

ABOUT SECURITAS

Securitas is a world-leading safety and security solutions partner that helps make your world a safer place. Nine decades of deep experience means we see what others miss. By leveraging technology in partnership with our clients, ­combined with an innovative, holistic approach, we’re transforming the security ­industry. With approximately 336 000 employees in 44 markets, we see a ­different world and ­create sustainable value for our clients by protecting what matters most – their people and assets.

Group financial targets

Securitas has four financial targets:

  • 8–10 percent technology and solutions annual average real sales growth
  • 8 percent Group operating margin by year-end 2025, with a >10 percent ­long-term operating margin ambition
  • A net debt to EBITDA ratio below 3.0x
  • An operating cash flow of 70–80 percent of operating income before ­amortization

Securitas AB (publ.)
P.O. Box 12307, SE-102 28 Stockholm, Sweden

Visiting address:
Lindhagensplan 70
Telephone: +46 10 470 30 00
Corporate registration number: 556302–7241
www.securitas.com

This is information that Securitas AB is obliged to make public pursuant to the EU Market Abuse Regulation. 


The information was submitted for publication, through the agency of the contact person set out above,
at 8.00 a.m. (CET) on Thursday, November 6, 2025.

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/securitas/r/securitas-ab-interim-report-q3-2025-january-september,c4262519

The following files are available for download:


https://mb.cision.com/Main/1062/4262519/3766385.pdf

Q32025_eng_final

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/securitas-ab-interim-report-q3-2025-januaryseptember-302606787.html

The post Securitas AB Interim Report Q3 2025 January-September appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
PR Newswire

Ho Chi Minh City promotes tourism at the World Travel Market WTM London 2025

written by


Expanding Cooperation, Attracting International Tourists, and Promoting ITE HCMC 2026

LONDON, Nov. 6, 2025 /PRNewswire/ — The Ho Chi Minh City Department of Tourism have organized a series of tourism promotion activities at the World Travel Market WTM London 2025, taking place at the ExCeL London Exhibition and Convention Center, United Kingdom, from November 4th to 6th, 2025.


WTM London 2025

is a key platform for Ho Chi Minh City to strengthen its global tourism presence and attract more international, especially European visitors.


Building global strategic partnerships and activating the tourist market from the UK and Europe

The tourism promotion program at the Vietnam National Booth within the framework of WTM London 2025 is a strategic step aiming to: Introduce the potential and strengths of Ho Chi Minh City’s tourism to international partners, especially partners from the United Kingdom and Europe; Conduct in-depth research on the international tourist market; Expand business cooperation with major travel corporations, travel agencies, reputable international media organizations, establishing a foundation for the sustainable development of Vietnam’s tourism in the world market; and enhance the capacity for organizing and promoting international tourism.

Vietnam National Booth at WTM London 2025


Key activities

  1. Participate in the Vietnam National Booth at WTM London 2025 from November 4th to 6th, 2025, introducing the new image of Ho Chi Minh City tourism with its cultural – historical – culinary tourism resources; Meet and obtain information from British and international travel companies at WTM London 2025 to serve the International Buyer Program of ITE HCMC 2026; Attend conferences, seminars, and side events within the framework of WTM London 2025 to update on popular global tourism trends and apply advanced models to improve competitiveness in the international market.

  2. Organize a meeting and working program with tourism agencies and partners in the UK on November 4th, 2025, in London, United Kingdom, to introduce new tourism potential of Ho Chi Minh City after the administrative merger and update information about Vietnam’s new visa policies to the UK tourism business community; at the same time, learn about the needs and preferences of British tourists, strengthening the attraction of British tourists to Ho Chi Minh City. The event was honored by the presence of Mr. Ha Van Sieu, Vice Chairman of the Vietnam National Authority of Tourism; Ms. Nguyen Cam Tu, Director of the Ho Chi Minh City Tourism Promotion Center; along with more than 100 representatives from tourism businesses across twenty-eight countries.

  3. Meet and work with major international tourism and media organizations and partners in Europe such as: World Travel Market, PATA, Legends Tour, Adara, Lufthansa City Center, and others


Ms. Nguyen Cam Tu – Director of Ho Chi Minh City Tourism Promotion Center affirmed
: “We bring to the World Travel Market WTM London 2025 a clear message: Ho Chi Minh City tourism is entering a new era with many strengths in resources through expanding tourism space and unique tourism products for British and European tourists in particular and global visitors in general.”

In recent years, Ho Chi Minh City has seen strong growth in international arrivals, driven by digital transformation, sustainable tourism, and enhanced visitor experiences. The city promotes green tourism and public–private partnerships to build a smart, safe, welcoming destination.

Discover more about Ho Chi Minh City at visithcmc.vn and stay connected via our official Facebook page Vibrant Ho Chi Minh City (https://www.facebook.com/visitvibranthochiminhcity)

Photo – https://arah.my/wp-content/uploads/2025/11/0a51d1695e1bd2458b0a.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/ho-chi-minh-city-promotes-tourism-at-the-world-travel-market-wtm-london-2025-302606779.html

The post Ho Chi Minh City promotes tourism at the World Travel Market WTM London 2025 appeared first on The Malaysian Reserve.

0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts