Finterra Global Plantations Enters Into A Joint Venture With United Paulownia Plantation Sdn Bhd25/8/2020 KUALA LUMPUR, Malaysia, Aug 24 (Bernama) -- Finterra Global Plantations has announced its joint venture with United Paulownia Plantation Sdn Bhd (“UPP”), a subsidiary company of Green Afforestation International Network (Gain Green). The focus of the joint venture is on the sustainable afforestation sector and will see more than a 150,000 Paulownia trees being planted over the next 6 months in Kedah on a 500 acres land. The announcement was made by Finterra Global Plantation’s CEO, Satesh Khemlani, according to whom, “ Gain Green after years of R&D, has come up with a Paulownia selected variety which has the ability to grow in tropical climates and be ready for harvest in a short period of just 40 months”. In doing so, “with the joint venture project with UPP, we will be able to meet the demands of the timber industry since the wood has been developed not only to grow fast, but to have characteristics and features that are highly desirable to the timber industry both locally and internationally”. In the first phase, Finterra Global Plantations together with UPP, will be planting the Paulownia tree on 500 acres and this will be scaled up to 5000 acres by 2022. The Paulownia timber wood is a light, yet hardwood with numerous applications and is used for plywood, furniture, decking, doors, wood shavings and many other uses. It is able to absorb ten times more carbon dioxide while also producing ten times more oxygen as compared to other trees. In this way Finterra Global Plantation together with UPP will also contribute to reducing carbon footprint and do their part in helping the government’s initiative of planting one million tree in the next ten years. Finterra will be playing a strong part in accelerating afforestation of sites which lay barren or are deforested with the quick growing Paulownia species and will be supporting the UN Sustainable Development Goals for environment. Finterra is known for its role for developing Waqf. This project will bring Finterra’s Waqf asset development knowhow to large scale sustainable land development with impact investing. This venture marks a new beginning for Finterra, which has its eyes set on sustainable yet profitable green ventures. CEO, Satesh Khemlani also mentioned that Finterra is evolving and looking at other sustainable development projects which benefit the environment and calls upon landowners who sit on large parcels of land to become partners with Finterra in exploring opportunities of embarking on environmentally sustainable projects on their land. This new area of business will be an addition to its current business which is providing a blockchain based technology solution for crowdfunding, transparency, and traceability. Finterra will be utilizing the blockchain to monitor the development of its plantations. For further information, please visit www.finterraventures.com or contact our Marketing Team at [email protected] SOURCE: Finterra Global Plantations http://mrem.bernama.com/viewsm.php?idm=37979
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KUALA LUMPUR, Aug 21 -- A truck driver was on cloud nine when China’s independent truck brand, FAW Jiefang, rewarded him with a brand-new vehicle for risking life and limb to drive away his blazing truck to avoid an imminent explosion which could have endangered the public last month. This followed Sun Gang’s narrow escape from the jaws of death when he sped for kilometres in an extended truck engulfed in flames and on the verge of explosion after emerging from near a gas station. Chinese media reported the fiery incident which occurred on July 14 across a street in Xinmin City Liaoning, according to a statement. Sun Gang said the blaze was caused by welding repair errors, compounded by scorching weather which resulted in the fire getting out of control. Sensing the imminent explosion, he risked his life, enduring the raging fire and heatwave and drove the burning vehicle away from the town. The incident was posted on social network by Chinese netizens, garnering attention, with overall online readings exceeding 100 million, and resulting in Sun Gang praised as a ‘contemporary hero’. However, this hero faced a crisis after the incident as the truck which exploded eventually, was the most expensive property owned by his family. Days later, Sun Gang received a phone call from the truck manufacturer and received the good news that he would receive a special gift - the latest 550 horsepower FAW tractor J7. The ignition key of the new vehicle was delivered by FAW General Manager Assistant, FAW Jiefang Chairman and Party Committee Secretary Hu Hanjie. It is reported that FAW Jiefang boasts seven million users, and ranks no. 1 in terms of the world’s sales volume for medium and heavy-duty truck brands in 2018 and 2019. -- BERNAMA KUALA LUMPUR, Aug 17 -- AllRightsReserved (ARR), a Hong Kong-based creative studio, has presented ≺KAWS:HOLIDAY SPACE≻ , in collaboration with world-renowned American contemporary artist, KAWS.
For ≺KAWS:HOLIDAY SPACE≻, COMPANION dons an astronaut suit and takes a sounding balloon 41.5 kilometres (136,296 feet) up into the Stratosphere. After reaching super-high speeds, COMPANION's adventure culminates in a two-hour, zero-gravity walk in uninhabited space before returning to Earth. The entire exploration process took about eight hours from preparation for lift-off, departure to landing. It was recorded with a 360-degree panoramic video camera, capturing COMPANION's historical moment and marking his 20th year in existence. “Because this year marks 20 years since I created COMPANION, I tried to find a way around all the restrictions and do something special. I felt so confined the past few months that creating a project like this has really given me a chance to escape,” said KAWS in a statement. ARR began its long-term partnership with KAWS since KAWS:PASSING THROUGH in 2010, and continued to KAWS:HOLIDAY-the giant inflatable sculpture COMPANION, exhibited in various relaxed poses in different locations including Korea, Taipei and Hong Kong. -- BERNAMA Initiative aims to develop future takaful industry leaders KUALA LUMPUR, Aug 13 (Bernama) -- FWD Takaful Berhad ("FWD Takaful") is delighted to embark on its first Professional Training and Education for Growing Entrepreneurs programme ("PROTEGE") to develop, train and mentor graduates to become future industry leaders as part of its vision to change the way people feel about takaful. PROTEGE was designed and developed with the aim of equipping Malaysian graduates with the necessary skills and experience to thrive in the takaful industry, with the following objectives: · Enhancing the employability of new graduates. · Educating candidates especially those from the underprivileged families about the need for takaful and supporting them as they build a strong foundation in their knowledge of various functions in the takaful industry. · Providing candidates with a meaningful training session and equipping them with Takaful Basic Examination (TBE) certification should they develop a passion to pursue a commission-based career in the Takaful industry after PROTEGE. mrem.bernama.com/viewsm.php?idm=37918 KUALA LUMPUR, Aug 12 (Bernama) -- AmInvestment Bank Berhad (“AmInvestment Bank”) has clinched four awards at the 17th Annual RAM League Awards 2020 held on 16 July 2020 at RAM’s office, Kuala Lumpur recently. The RAM League Awards recognises outstanding accomplishments and leadership in the Malaysian bond market.
AmInvestment Bank placed joint second in the number of issues category and placed third in the programme value category for the Lead Manager Awards 2019 (Bonds and Sukuk). AmInvestment Bank also placed joint second in the number of issues and placed third in the programme value category and category for the Lead Manager Awards 2019 (Sukuk) respectively. Commenting on the awards, Tracy Chen, Deputy Chief Executive Officer, AmInvestment Bank Berhad, said,” We are honoured to have received these awards from RAM in recognition of our continued leadership in the corporate bond and Sukuk market by consistently providing the best debt capital market solutions to our esteemed clients.” “We pride ourselves on the unique services we offer to our clients and these awards are a further indication that our efforts are being recognised in the industry and our perseverance in maintaining our leadership in the Malaysian corporate bond and Sukuk market,” said Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group. mrem.bernama.com/viewsm.php?idm=37908 |
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