KUALA LUMPUR, Aug 28 (Bernama) -- As a long-standing name in the Malaysian retail scene, Giant Hypermarkets (Giant) is celebrating its 74th anniversary and National Day on Aug 31 with personal and heart-warming stories from its staff and customers.
The campaign, billed ‘Little Giant Stories’, shows Giant as a household name among Malaysians, as well as its role as one of the largest employers in Malaysia. Among the stories featured are those of its employees’ life and career growth. One of them is K. Malathy, a single mother of two who reminisced the early stages of her journey with Giant and working multiple jobs to support her family. "When I started at Giant, I had to clean houses on my off days to support my family. Now I own three houses, two which I rent out. “A lot of people looked down on me at that time, even making fun of how I was a cleaner. Twenty six years with Giant, I really believe that I wouldn’t have made it in life without the support and opportunities at Giant,” said Malathy. Giant, in a statement, said: “With stores in almost every community around the nation and 74 years of experience in the local market, it’s no wonder every one of us have a unique Giant story to tell - especially those who are a part of our Giant Family.” Read more ‘Little Giant Stories’ and watch a compilation video at https://www.giant.com.my/littlegiantstories/ -- BERNAMA
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HONG KONG, Aug 28 (Bernama-GLOBE NEWSWIRE) -- BITTECH Limited launches brand new Bittech NS miner for NeoScrypt algorithm. Initially, NeoScrypt was considered to be ASIC resistant. However, finally, it lost ground. The same was with Ethash and Equihash algorithms when BITMAIN and Innosilicon launched respective ASICs.
The official release points out that new Bittech NS miner’s performance makes 63.2MH/s (equivalent to 55 Nvidia GTX1080 GPUs), power consumption is only 1250W, the price is $1,890, while the earning power is $30 as of August 29. New miner is powered by 24 chipsets, which model is kept under the hat. The miner has a regular appearance common to all other BITTECH units and is fitted with 1600W Murata/Artesun power adapter. New miner will be available in the mid of October 2018. BITTECH's mining hardware based on advanced 10nm semiconductor chips is an "all-in-one" solution with Murata/Artesyn inbuilt power supply units, supporting hot replacement. Even a newbie can set up its unsophisticated and user-friendly software. All miners are covered by 180-days warranty. BITTECH Limited was engaged in R&D with regard to 10 and 14nm advanced chips since early 2017. At the moment, the company has finished its R&D and offered own mining hardware to a wide range of customers. Aside from miners and chips, the company is going to establish four large data centers in Canada, Iceland, Estonia, and Russia. It has started the construction of Russia’s data center for 9000 miners with the total processing power of 21MW in April 2018. The company will lease a part of premises to its customers under colocation agreements. Contact Information: Bittech Limited, [email protected] A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/7eda178b-98b2-433f-89ca-f8f29f7beb33 A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fb950a9d-6e1e-4b10-8780-ab7c33ed47db SOURCE : BITTECH LTD KUALA LUMPUR, Aug 28 (Bernama) -- Danajamin Nasional Bhd (Danajamin) issued a statement today to announce the appointment of Md Yusof Hussin as its new chairman, and Datuk Che Mokhtar Che Ali and Elakumari Kantilal as new board directors effective Aug 23, 2018.
Danajamin managing director and chief executive officer, Mohamed Nazri Omar, said: “We believe his (Md Yusof) broad experience, especially in the banking and corporate services, will be extremely valuable as Danajamin continues to grow and perform its mandated role as the nation’s first financial guarantee insurer.” “The Company is equally delighted to welcome the new directors. I have no doubt that the organisation will benefit from their extensive experience and expertise,” he added. -- BERNAMA KUALA LUMPUR, Aug 24 (Bernama) -- Stockholders of The Navigators Group Inc will receive US$70 (RM287) per share in cash upon the closing of the acquisition by The Hartford Financial Services Group Inc. (1US$ = RM4.10).
Navigators, a global specialty insurance holding company entered into a definitive agreement to be acquired by The Hartford in an all-cash transaction that values Navigators at approximately US$2.1 billion (RM8.61 billion). The US$70 per share offer price represents a multiple of 1.78 times Navigators’ fully diluted tangible book value per share as of June 30, 2018 and an 18.6 per cent premium to the 90-trading-day average stock price. Navigators said in a statement that the transaction, which was unanimously approved by Navigators’ Board of Directors, is subject to regulatory and stockholder approvals and other customary closing conditions, and is expected to close in the first half of 2019. Navigators expects to continue paying regular quarterly dividends consistent with past practice prior to closing. Completion of the transaction is not subject to any financing conditions. Goldman Sachs & Co. LLC and Moelis & Company LLC acted as joint financial advisors and Sidley Austin LLP acted as legal advisor to Navigators in the transaction. More details about the acquisition on http://www.navg.com -- BERNAMA Last update: 23/08/2018 KUALA LUMPUR, Aug 23 (Bernama) -- Hitachi Zosen Corporation has acquired additional shares of Osmoflo Holdings Pty Ltd (Osmoflo) -- a global desalination and water treatment subsidiary based in Australia -- making the company a wholly-owned subsidiary of Hitachi Zosen. Hitachi Zosen said in a statement that in February 2017, the company acquired 70 per cent of the outstanding shares of Osmoflo, making it an affiliated company. With the intention of strengthening the water treatment business which is positioned as the core business in the long term business plan “Hitz 2030 Vision”, Hitachi Zosen acquired the remaining 30 per cent of Osmoflo shares from Japan’s Marubeni Corporation. Hitachi Zosen Group aims to expand its water business by integrating Osmoflo’s advanced technologies focused principally on the reverse osmosis membrane technology with own plant engineering technology and experience accumulated in the multi-stage flash method and aspire to make contribution to the world water supply. Details on http://www.hitachizosen.co.jp/english/ --BERNAMA |
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