Tokyo Skytree To Host Chiikawa Collaboration Event From July

KUALA LUMPUR, June 25 (Bernama) -- Tobu Tower Skytree Co Ltd, operator of Tokyo Skytree, has announced its second collaboration event with the popular character "Chiikawa", marking the first such collaboration in three years.

The event, titled "Chiikawa Starry SKYTREE and the Secret Island", will run from July 10 to Oct 31 in celebration of the character's film, "Chiikawa the Movie: The Secret of the Mermaid Island", which is set for release in July.

During the event, visitors can enjoy special decorations featuring original visuals along the 450-metre-high Tembo Galleria, as well as event-exclusive merchandise, themed cafe menu items and photo shoot services.

A special screening will also be held at Skytree Round Theater on the 350-metre-high Tembo Deck, where the windows will be transformed into a giant screen. The exterior of the tower will also feature special illuminations inspired by Chiikawa characters.

According to the operator in a statement, guests wishing to purchase items from the event-exclusive menu at Skytree Cafe on Tembo Deck Floor 340 must obtain an "Observation Deck Admission Ticket with Meal Voucher".

Details on ticket purchases, meal vouchers and event-exclusive merchandise are available on the event's dedicated website.

The Tokyo Skytree is the world's tallest free-standing broadcasting tower and features two observation decks, the Tembo Deck and Tembo Galleria. The tower is illuminated nightly with three signature lighting themes, alongside special illuminations for seasonal and commemorative events.

-- BERNAMA

FEYTECH Inks the First CAuto Partnership to Address Critical Automotive Talent Gap for EV Era

Caption (From left to right):

1. Mohd Riduan Abd. Rahman, Executive Director, Investment Facilitation, MIDA
2. Datuk Syed Hisham Syed Wazir, Chairman, Progressive Impact Corporation Berhad
3. Prof. Dr. Yatimah Binti Alias, Vice Chancellor, Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA)
4. Tan Sri Dato’ Sri Ben Yeoh, Executive Chairman, Bermaz Auto Berhad
5. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO, MIDA
6. Connie Go, CEO, Feytech Holdings Berhad
7. Dato’ Mazlan Mohamad, Independent Non-Executive Chairman, Feytech Holdings Berhad

Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA) leads a five-university academic front to deploy the structured 'MRI3' framework for advanced industrial internships and direct employment pipelines.

KUALA LUMPUR, June 23 (Bernama) -- As Malaysia's electric vehicle (EV) transition accelerates, Feytech Holdings Berhad (Feytech) today signed a Memorandum of Understanding (MoU) with the Consortium Automotive of Malaysian Universities (CAuto), led by Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA) and witnessed by the Malaysian Investment Development Authority (MIDA) to establish an industry-first multi-university internship pipeline connecting five major technical public universities with the automotive manufacturing sector.

CAuto’s formation unifies Malaysia’s top technical universities into a singular academic front, and this milestone agreement with Feytech delivers concrete pathways for students.

Under the joint Ministry of Higher Education Research and Industry-Infused Incubator (MRI3) framework, Feytech will provide critical work-based learning (WBL), industrial training and final year project opportunities.

It also provides competitive internship allowances and commits to full sponsorships for select student final year projects to build a resilient employment pipeline. Suitable engineering graduates will be targeted for strategic career pathways within Feytech’s ecosystem, keeping Malaysian engineering talent at the forefront of the EV and smart manufacturing era.

Witnessing the MoU signing, MIDA CEO, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said that this partnership comes at an opportune time and is instrumental in empowering local public technical institutions to align more closely with the needs of next-generation automotive ecosystems.

He said, “Malaysia’s ability to attract and sustain high quality investments depends on the strengths of its talent pipeline. As the automotive industry undergoes rapid transformation driven by electrification, automation, and digitalisation, closer collaboration between industry and academia has become more important than ever.

This collaboration goes beyond internships and industrial training. It creates a pathway for students to learn from real manufacturing environments, work with actual production technologies, solve industry challenges, and contribute to innovation even before they graduate. At the same time, it supports the development of local capabilities and talent required to strengthen supply chain localisation, enhance competitiveness, and increase the participation of Malaysian companies in higher value-added activities within the automotive ecosystem.”

Meanwhile, the CEO of Feytech, Connie Go emphasised the importance of talent development and technology advancement as the country transitions rapidly towards EV adoption.

“While the Government continues to support the industry through progressive policies, industry players must play their part by creating opportunities for students, developing future-ready talent and supporting technology transfer.

“This partnership with CAuto ensures we're not just meeting today's workforce needs but preparing students for the AI-integrated smart factories and EV production environments of tomorrow,” she added.

At the same time, Prof. Ts. Dr. Yatimah Alias, the Chairman of CAuto and ViceChancellor of UMPSA, representing the five-member universities (UMPSA, UTHM, UTeM, UniMAP, and UTM), highlighted the collective strength of the academic network.

"This partnership is an important step in bringing universities and industry closer together. Through CAuto, students from five public universities will have greater access to meaningful industry exposure and practical learning opportunities in the electric vehicle and automotive manufacturing sectors.

We want our students to understand real industry expectations, apply what they learn in the classroom and be better prepared for the workplace. At the same time, this collaboration will help universities keep their programmes relevant to the changing needs of the industry,” she said.

For more information about the companies, please refer: https://tinyurl.com/5n8tevy7

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT:
MIDA
Name: Puan Azrina Hashim
Designation: Director, Industry Talent Management and Expatriate Division
Tel: +603-2267 3454
Email: azrina@mida.gov.my

Feytech Holdings Berhad
Name: Ms Michelle Tan
Designation: P.A to CEO
Tel: +6012-2188861
Email: pa.ceo@gosfordseat.com

UMPSA
Name: Mimi Rabita Abdul Wahit
Designation: Director for Corporate Communications
Tel: +6019-9887321
Email: mimirabitah@umpsa.edu.my

--BERNAMA

Defiance Launches Europe’s First Memory UCITS ETF (DRAM)

• Defiance has expanded its European ETF lineup with the launch of the Defiance Memory UCITS ETF (ticker: DRAM).
• The ETF seeks to provide exposure to companies involved in the development, manufacturing, commercialisation, and storage of memory semiconductors and data storage systems.
• In the U.S., memory-focused ETFs have gathered around $20 billion in assets under management (AUM).1
• The ETF is listed on Xetra and Borsa Italiana, with the London Stock Exchange to follow.

MIAMI, June 19 (Bernama-GLOBE NEWSWIRE) -- Defiance ETFs is excited to announce the launch of the Defiance Memory UCITS ETF (ticker: DRAM), Europe’s first memory ETF. The Fund seeks to provide exposure to companies involved in the development, manufacturing, commercialisation, and storage of memory semiconductors and data storage systems.

Defiance Memory UCITS ETF
ISIN: IE000CEUZ052
TER: 0.69%
Exchange Bloomberg Ticker SEDOL Trading Currency
Xetra DRAM GY BVVG296 EUR
Borsa Italiana DRAM IM BVVG2B8 USD

Memory prices are moving higher. Demand from AI, cloud computing, and data centres is absorbing a growing share of advanced memory capacity, while major manufacturers are prioritising higher-margin areas such as high-bandwidth memory and server-grade DRAM (Dynamic Random Access Memory) over more commoditised consumer applications.2

This shift is creating pressure across the wider technology supply chain. As supply is redirected towards AI infrastructure and hyperscale data centres, manufacturers of everyday devices are facing higher input costs and tighter availability.

This year, it is expected that there will not be enough memory to meet worldwide demand.3 DRAM and solid-state drive (SSD) prices could rise as much as 130% by the end of 2026, according to Gartner.4

Exposure to the memory sector through ETFs has so far only been possible in the U.S., where assets are now around $20 billion.5 The Defiance Memory UCITS ETF seeks to give European investors the opportunity to access the memory sector, which will need to expand to keep up with AI-driven demand.

This is Defiance’s 4th launch since entering the European UCITS ETF market earlier this year.

Defiance UCITS Lineup Ticker
Defiance AI & Power Infrastructure UCITS ETF AIPO
Defiance Memory UCITS ETF DRAM
Drone UCITS ETF DRON
Ukraine Reconstruction UCITS ETF UKRN

Sylvia Jablonski, CIO of Defiance ETFs, commented: “Memory is the foundational layer of the AI economy. Every model training run, inference workload, and hyperscale data centre expansion depends on DRAM, HBM, and advanced storage. DRAM gives European investors a direct, rules-based way to access this segment of the AI value chain, complementing the power infrastructure exposure already available through AIPO.”

Hector McNeil, Co-Founder and Co-CEO of HANetf, commented: “We are delighted to be partnering with Defiance to launch the Defiance Memory UCITS ETF. The ETF captures a sector that has seen significant growth recently, driven predominantly by the rise of AI and its infrastructure. This ETF particularly complements Defiance’s AIPO ETF, which provides access to the power infrastructure behind the AI buildout.”

For full fund details, including the prospectus and Key Information Document, visit hanetf.com.

About Defiance ETFs

Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. The firm manages 75+ ETFs designed to provide targeted exposure to high-growth sectors including AI infrastructure, quantum computing, drones and modern warfare, and other emerging technologies.

About HANetf

HANetf is an independent provider of UCITS ETFs, working with asset management companies to bring differentiated, modern, and innovative exposures to European ETF investors. Via our white-label ETF platform, HANetf provides a complete operational, regulatory, distribution and marketing solution for asset managers to launch and manage UCITS ETFs. www.hanetf.com

Media Contact

Brenda Hentschel | bhentschel@gregoryagency.com | 201.705.3758

For European media enquiries:
Italy: Elena Soffientini, Mymediarelation | soffientini@mymediarelation.it | +39 375 670 62 07
Germany: Caroline Chojnowski, Public Imaging | Caroline.Chojnowski@publicimaging.de | +49 (0)40-401 999 - 23

Important Information

Communications issued in the European Economic Area (“EEA”)
The content in this document is issued and approved by HANetf EU Limited (“HANetf EU”). HANetf EU is authorised and regulated by the Central Bank of Ireland. HANetf EU is registered in Ireland with registration number 728832.

Communications issued in the UK
The content in this document is issued by HANetf Limited (“HANetf”) and approved by Privium Fund Management (UK) Limited (“Privium”). HANetf is an appointed representative of Privium, which is authorised and regulated by the Financial Conduct Authority. The registered office of Privium is The Shard, 24th Floor, 32 London Bridge Street, London, SE1 9SG.

This communication has been prepared for professional investors, but the ETCs and ETFs set out in this communication (“Products”) may be available in some jurisdictions to any investors. Please check with your broker or intermediary that the relevant Product is available in your jurisdiction and suitable for your investment profile.

Past performance is not a reliable indicator of future performance. The price of the Products may vary and they do not offer a fixed income.

This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements.

The content of this document is for information purposes and for your internal use only, and does not constitute an investment advice, recommendation, investment research or an offer for sale nor a solicitation of an offer to buy any Product or make any investment.

An investment in an exchange traded product is dependent on the performance of the underlying asset class, less costs, but it is not expected to track that performance exactly. The Products involve numerous risks including among others, general market risks relating to underlying adverse price movements in an Index (for ETFs) or underlying asset class and currency, liquidity, operational, legal and regulatory risks. In addition, in relation to Cryptocurrency ETCs, these are highly volatile digital assets and performance is unpredictable.

The information contained on this document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of securities in the United States or any province or territory thereof, where none of the Issuers (as defined below) or their Products are authorised or registered for distribution and where no prospectus of any of the Issuers has been filed with any securities commission or regulatory authority. No document or information on this document should be taken, transmitted or distributed (directly or indirectly) into the United States. None of the Issuers, nor any securities issued by it, have been or will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes.

The Issuers:
1. HANetf ICAV and HANetf ICAV II are open-ended Irish collective asset management vehicles and are the issuers of the ETFs under the terms in the relevant Prospectuses and relevant Supplements for each ETF approved by the Central Bank of Ireland (“CBI”) (each an “ETF Prospectus” and together the “ETF Prospectuses”). Investors should read the current version of the relevant ETF Prospectus before investing and should refer to the section of the relevant ETF Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETFs. Any decision to invest should be based on the information contained in the ETF Prospectuses.

2. HANetf ETC Securities plc, a public limited company incorporated in Ireland, issuing under the terms in the Base Prospectus approved by the Central Bank of Ireland and the final terms of the relevant series (“ETC Securities Documentation”) is the issuer of the precious metals ETCs. Investors should read the latest version of the ETC Securities Documentation before investing and should refer to the section of the Base Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs. Any decision to invest should be based on the information contained in the ETC Securities Documentation.

3. Bitwise Europe GmbH, a limited liability company incorporated under the laws of the Federal Republic of Germany, issuing under the terms in the Prospectus approved by the Bundesanstalt für Finanzdienstleistungsaufsicht (“BaFin”) and the final terms (“Cryptocurrency Prospectus”) is the issuer of the ETCM ETCs. Investors should read the latest version of the Cryptocurrency Prospectus before investing and should refer to the section of the Cryptocurrency Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs contained in the Cryptocurrency Prospectus. Any decision to invest should be based on the information contained in the Cryptocurrency Prospectus.

4. HANetf Multi-Asset ETC Issuer plc, a public company incorporated in Jersey, issuing under the terms in the Base Prospectuses approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (the “SFSA”), the United Kingdom Financial Conduct Authority (“FCA”) and the final terms of the relevant series (“Multi-Asset ETC Securities Documentation”) is the issuer of ETCs linked to and secured by various underlying assets. Investors should read the latest version of the ETC Securities Documentation before investing and should refer to the section of the relevant Base Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs. Any decision to invest should be based on the information contained in the ETC Securities Documentation.

The relevant ETF Prospectuses, ETC Securities Documentation, Multi-Asset ETC Securities Documentation and Cryptocurrency Prospectus can all be downloaded from www.hanetf.com.

The decision and amount to invest in any Product should take into consideration your specific circumstances after seeking independent investment, tax and legal advice. We do not control and are not responsible for the content of third-party websites.

We believe the information in this document is based on reliable sources, but its accuracy cannot be guaranteed. The views expressed are the views of HANetf at time of publication and may change. Neither Privium nor HANetf is liable for any losses relating to the accuracy, completeness or use of information in this communication, including any consequential loss.

FOR SWISS INVESTORS ONLY: The Fund has appointed as Swiss Representative Waystone Fund Services (Switzerland) SA, Av. Villamont 17, 1005 Lausanne, Switzerland, Tel: +41 21 311 17 77, email: switzerland@waystone.com. The Fund’s Swiss paying agent is Helvetische Bank AG. The Prospectus, the Key Investor Information Documents, the Instrument of Incorporation as well as the annual and semi-annual reports may be obtained free of charge from the Swiss Representative in Lausanne. The issue and redemption prices are published at each issue and redemption on www.fundinfo.com.

1Source: ETFBook. Data as at 06/16/2026.
2Source: Forbes, 2026.
3Source: CNBC, 2026.
4Source: Gartner, 2026.
5Source: ETFBook. Data as at 06/16/2026.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a566fcca-b8ad-4109-9d41-2af9ee73c275

SOURCE: Defiance ETFs

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

DAICEL POM POWDER ENABLES STICK LUBRICANT INNOVATION

KUALA LUMPUR, June 18 (Bernama) -- Daicel Corporation’s High Performance Polymers Strategic Business Unit (formerly Polyplastics Co Ltd) has announced its DURAST POM fine powder has been adopted in a new stick-form lubricant developed by Japan-based Maia Co Ltd, marking a novel application for the engineering plastic material in maintenance operations.

The solid lubricant is designed to address common issues associated with conventional liquid lubricants, including dripping, splattering and waste resulting from over-application.

By incorporating DURAST POM fine powder, the product aims to improve efficiency and cleanliness across a range of maintenance environments, according to Daicel in a statement.

The lubricant is manufactured using Maia’s proprietary Sol-Mid technology, which enables the product to be supplied in a stick-shaped format and moulded into customised forms according to customer requirements.

The formulation combines ultra-high molecular weight polyethylene (UHMW-PE) with grease, and DURAST POM acts as an interlayer that helps maintain compatibility between the two components.

The stick format eliminates the risk of leakage typically associated with liquid lubricants while offering greater portability for maintenance personnel servicing office equipment and industrial machinery. The product can reduce the use of conventional maintenance oil by around 80 per cent in office equipment applications.

Daicel said it developed a proprietary manufacturing process for DURAST POM after conventional grinding methods proved unsuitable for producing uniform powders from general-purpose resins. The resulting material features a distinctive particle shape and a controlled, fine and sharp particle size distribution.

The company plans to commercialise the solution on a larger scale, targeting maintenance applications for major office equipment manufacturers as well as industrial sectors including machinery repair, bicycle maintenance and conveyor systems.

-- BERNAMA

iFAST Global Bank Launches QR Payment Cashback Promotion

KUALA LUMPUR, June 18 (Bernama) -- iFAST Global Bank is offering a limited-time cashback promotion to encourage the use of its Worldwide Scan & Pay service, rewarding customers with one per cent cashback on eligible QR code payments made locally and overseas.

The promotion runs from June 16 to July 16 and is available to Digital Personal Banking customers with an active account and access to the Worldwide Scan & Pay feature. Cashback is capped at GBP 10 per customer, based on qualifying spending of up to GBP 1,000 during the campaign period. (GBP 1 = RM5.41)

iFAST Global Bank General Manager of Digital Personal Banking, Simon Lee said the launch of Worldwide Scan & Pay represented an important step in expanding the bank’s global payment capabilities.

“Through this cashback campaign, we are encouraging customers to experience the convenience of cross-border QR payments while enjoying added value on their everyday spending,” he said in a statement.

The initiative comes ahead of the summer travel season and follows the launch of Worldwide Scan & Pay in May 2026. Powered by Alipay+, the payment service enables customers to make cross-border QR code payments through the iFAST Global Bank mobile app without the need for a physical payment card.

Transactions are linked directly to the bank’s Multi-Currency Current Account, which allows customers to hold, spend and transfer funds across nine major currencies through a single account.

The bank said the service can be used at Alipay+-compatible merchants and supported national QR payment networks, providing a streamlined payment experience for shopping, dining and travel both domestically and internationally.

The bank said the promotion is intended to drive adoption of digital cross-border payments as consumers increasingly seek seamless payment options while travelling and spending overseas.

-- BERNAMA

WINNER SKY TECHNOLOGY CELEBRATES GRAND OPENING OF NEW MANUFACTURING FACILITY IN PENANG

From left to right:

1. Dato Seri Haji Amir Hamzah, Executive Chairman of Matrix
2. Mr. Muhammad Ghaddaffi, Director of MIDA Penang
3. Ms. Lam Oi Yan, Executive Director of Altronics
4. Mr. Lam Yin Kee, Chairman of Altronics Holdings Berhad
5. Tuan Chow Kon Yeow, Y.A.B Chief Minister of Penang,
6. Mr. Eric Lam Chee Tai, Chief Executive Officer of Winner Sky Technology
7. Ms. Ivy Lam, Executive Director/Director of Altronics
8. Mr. Foong Che Leong, General Manager of Winner Sky Technology
9. Mr. So Kin Hung, General Manager of Altronics


PENANG, Malaysia, June 18 (Bernama) -- Winner Sky Technology Sdn. Bhd. officially opened its new 60,000-square-foot manufacturing facility in Batu Kawan, Penang on 4 June 2026, marking a significant step in the company’s growth trajectory. The expansion — which triples the company’s production footprint and anchors a total investment commitment of RM70 million over five years — underscores Winner Sky Technology’s confidence in Malaysia as a long-term base for high-value electronics manufacturing. The company, which currently employs approximately 150 people, plans to grow its workforce to more than 450 over the same period.

The grand opening was officiated by YAB Chow Kon Yeow, Chief Minister of Penang, and attended by Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang; Mr. Lam Yin Kee, Chairman of Alltronics Holdings Limited, Hong Kong; and Mr. Eric Lam Chee Tai, Chief Executive Officer of Winner Sky Technology Malaysia. The event brought together distinguished guests from government agencies, industry partners, customers, suppliers, and the local business community.

Established in 2019, Winner Sky Technology has grown from a modest operation into a trusted Electronics Manufacturing Services (EMS) provider, serving customers across industrial electronics, energy control systems, and the Internet-of-Things (IoTs). Headquartered in Hong Kong with manufacturing operations across China, Vietnam, and now Malaysia, the company’s decision to expand significantly in Penang reflects its long-term commitment to the country’s talent and industrial ecosystem.

The new facility is equipped with the latest Surface Mount Technology (SMT) production lines, integrated Smart Factory systems, and Industry 4.0 capabilities, significantly enhancing the company’s production capacity and positioning it to deliver high-quality, innovative electronic manufacturing solutions to customers worldwide.

YAB Chow Kon Yeow stated, “Winner Sky Technology’s commitment to expansion demonstrates confidence not only in the company’s own growth prospects, but also in Penang’s ability to support that growth over the long term. The Penang State Government, through InvestPenang and our federal partners, remains committed to facilitating investments, strengthening industry partnerships, and ensuring that Penang remains an attractive destination for both global and domestic investors.”

Welcoming the expansion, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, said: “Winner Sky Technology’s decision to anchor a major expansion in Malaysia is a strong endorsement of what this country offers — a skilled workforce, a competitive industrial ecosystem, and a government that is firmly committed to enabling quality investment. This is precisely the kind of high-value, technologyintensive foreign investment (FI) that Malaysia’s New Industrial Master Plan (NIMP) 2030 is designed to attract and retain. Beyond the capital investment, what stands out here is the genuine commitment to local workforce development, supply chain integration, and technology transfer — the building blocks of sustainable industrial growth. MIDA will continue to work closely with investors like Winner Sky Technology to ensure Malaysia remains a preferred destination for advanced manufacturing.”

Speaking on the company’s vision for its Malaysian operations, CEO Mr. Eric Lam said: “Our commitment to this country is total. We want to hire Malaysian engineers, Malaysian technicians, Malaysian operators, and Malaysian managers. We believe the sustainable way to build a world-class manufacturing facility is to invest deeply in the local community, learn the culture, and create high-skill, high-value careers right here in Batu Kawan.

“Our investment does not stop at our factory doors. True partnership means building together. We are fully committed to growing alongside the local economy by actively sourcing from Malaysian vendors, component suppliers, and service providers. By integrating Penang’s robust local supply chain into our global network, we are not just creating a standalone factory — we are nurturing a thriving ecosystem where local businesses succeed alongside us.”

Mr. Foong Chee Leong, General Manager of Winner Sky Technology, expressed his appreciation to employees, customers, suppliers, and government agencies for their continued support.

“This facility represents more than an investment in equipment and infrastructure. It reflects our confidence in Malaysia’s talent, our commitment to manufacturing excellence, and our vision of building a sustainable, world-class EMS company. We are especially proud that our products are 100% made by Malaysians — supported by a dedicated workforce that includes experienced professionals and members of the local community. As we continue to grow, we remain committed to creating quality employment, developing local talent, and contributing to Malaysia’s manufacturing competitiveness.”

Winner Sky Technology expects the new facility to drive substantial business growth. Through increased production capacity, operational efficiency, and higher-value manufacturing services, the company projects a roughly threefold increase in revenue over the coming years.

The opening further strengthens Penang’s standing as a leading destination for advanced manufacturing and highlights the state’s continued attractiveness for hightechnology investment. The expansion aligns squarely with Malaysia’s ambitions under the NIMP 2030 to accelerate industrial digitalisation, build supply chain resilience, and promote high-value manufacturing as a cornerstone of sustainable economic growth.

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

About InvestPenang

InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), Global Business Services (GBS) Focus Group (promoting and developing digital economy), Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises) and Penang ATE Campus (accelerating the co‑development, qualification, and scaling of Malaysian ATE solutions by enabling first-customer deployment). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.

About Winner Sky Technology

Established in 2019, Winner Sky Technology is an Electronics Manufacturing Services (EMS) provider with its headquarters in Hong Kong and manufacturing operations across China, Vietnam serving customers across industrial electronics, energy control systems, Internet-of-Things (IoTs), and industrial electronics industries.

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT:
MIDA
Name: Mr. Mohd Mazlan Mokhtar
Designation: Director, Electrical and Electronics Division, MIDA
Tel: +603-2267 6655
Email: mazlan@mida.gov.my

InvestPenang
Name: Elaine Cheah / Ong Yih Hwa
Tel: +604-646 8833
Email: elaine@investpenang.gov.my / yihhwa@investpenang.gov.my

Winner Sky Technology
Name: CL Foong
Tel: +6012-4946101
Email: clfoong@wst-my.com

Name: Caren Ong
Tel: +60 125506322
Email: carenong@wst-my.com

--BERNAMA

FORTEGRA APPOINTS ANTHONY KATZ AS SVP, RESERVING TO LEAD ACTUARIAL TEAM

KUALA LUMPUR, June 18 (Bernama) -- The Fortegra Group Inc, a global speciality insurer, has appointed Anthony Katz as senior vice president (SVP), reserving, strengthening the speciality insurer’s actuarial leadership as it expands its reserving and reporting capabilities.

In his new role, Katz will lead Fortegra’s actuarial team and oversee reserving, credit insurance, statistical reporting and key initiatives, including IFRS 17 implementation.

“Anthony brings more than 30 years of actuarial expertise and a genuine commitment to building the capabilities our distribution partners depend on.

“His background across reserving, actuarial transformation, and international markets will be instrumental as we continue to support our distribution partners,” said Fortegra chief executive officer, Rick Kahlbaugh.

Fortegra in a statement said Katz brings more than three decades of actuarial experience across reserving, pricing and actuarial transformation, along with senior leadership roles at Toa Re, Everest Re, Arch Insurance, Ernst & Young and ACE, most recently working as an independent consulting actuary.

A credentialed actuary holding FCAS, FSA and MAAA designations, Katz has been recognised for modernising actuarial operations through automation of reserving processes, deployment of business intelligence tools and large-scale transformation initiatives across insurance and reinsurance platforms. He holds a degree in mathematics from New York University.

-- BERNAMA