KUALA LUMPUR, Dec 18 (Bernama) -- As part of Great Eastern Takaful Berhad’s (GETB) commitment in the Race for Cover Towards Takaful 2020 (RfCTT 2020) by the Malaysian Takaful Association (MTA), the company is proudly presenting the i-Great Evo; an evolutionary protection plan for one’s evolving needs.
Take up rate for takaful plans among married individuals stand at 71% while for singles, it is significantly lower at 25%, our data reveals. The data also shows that the median marriage age is 26-28 years old, which testifies that most people prefer to wait until they are a little long in the tooth to participate in a Takaful -plan. Subscribing to a takaful plan at a later stage in life will result in higher contribution due to higher risks factors brought on by medical conditions, In this scenario, a takaful participant will opt for lower coverage due to affordability issues, and this will translate into having lower protection. With these in mind, i-Great Evo was curated to allow customers the opportunity to address both the protection gap and coverage needs based on their individual requirements at different stages of life – a plan that grows with you. This is in line with the RfCTT 2020’s objectives, which are to reduce the protection gap as well as to increase takaful penetration rate by 25% of the population by year 2020. Great Eastern Takaful Berhad Chief Executive Officer Shahrul Azlan Shahriman said: “Your protection needs are likely to change throughout your life cycle. First job, marriage, parenthood, kids’ education needs, retirement, this is why it is important to build a strong financial safety net from the onset We launched i-Great Evo with this evolution in mind, a plan that grows with every stage of your life. He added, “i-Great Evo offers the flexibility in customising your plan with its unique riders to complement your coverage to suit your needs as you grow. It is also flexible enough to allow you to customise your protection plan by adding or reducing the coverage according to your affordability at any given time. The plan is divided into three phases; Phase 1 for when you’re single with no dependents and have less financial commitments, Phase 2 for when you have a dependent (spouse) and needs arise for basic medical and critical illness protection and Phase 3 for when you need comprehensive protection for your children. The plan is flexible and can be upgraded at any time. For children, 11-child critical illness coverage is provided on top of the 45 critical illness coverage. It’s all you need for you and your family in just one plan. i-Great Evo is a regular contribution Term Family Takaful plan that pays the Basic Sum Covered upon Death and Total & Permanent Disability of the Person Covered as well as Compassionate Benefit of RM2,000 upon death of the Person Covered. It matures at age 25 or 80 years for child and adult Person Covered respectively. The i-Great Evo offers basic Term Takaful plan with 8 attachable riders that cover medical and hospitalisation, critical illness, accidental as well as waiver of contribution. Benefits of i-Great Evo We all know that medical and critical illness protection means higher contribution. That’s why building a strong financial foundation in your 20s and getting the right protection early is very important to ensure you are protected with an amount you can afford when you have just started your life. Participate in i-Great Evo by the time you reach the age 25 and get protected until age 80 years with Basic Sum Covered of RM100,000 as well as medical and hospitalisation of RM150 Room&Board. Protect yourself against accidental death by attaching i-Comprehensive Accident Benefits Xtra Term Rider into the plan and your next-of-kin would also receive the Compassionate Benefit of RM2,000 upon your passing. All these for only about RM200 a month, a decent amount you should put aside when you first started your career. Remember, the younger you participate in a Takaful protection plan, the cheaper the contribution would be. As you grow older, you would embark on a new phase of life, so as your priorities would also change as you take up bigger responsibilities. For Phase 2 of i-Great Evo, you could participate in the plan for your spouse and increase your Basic Sum Covered to RM200,000 as you are now the head of the family who has a dependent (spouse) whom is depending on you should anything untoward happens to you. As your career progresses and your financial status becomes more stable, you would be able to increase your Room&Board to RM200 for yourself and RM150 Room&Board for your spouse. This is the best time for you to attach i-Lifetime Critical Illness Benefit Term Rider into the plan to protect yourself against 45 critical illnesses with Sum Covered of RM100,000. The i-Great Evo continues to be with you going through your next phase in life, when you extend your family members. You may participate in i-Great Evo for your children, complete with medical protection of RM150 Room&Board and Basic Sum Covered of RM50,000. One unique feature of i-Great Evo is that you can protect your children against 11 child critical illness on top of the existing 45 critical illness coverage, making it one comprehensive Takaful protection plan for the whole family. The i-Great Evo also ensures your spiritual obligation is fulfilled by an able body or organisation upon your passing with its Badal Hajj service. All you need to is to fill up the Hajj by Proxy Service Form. Another additional services offered by the plan are Waqf and Hibah services. With Waqf service, an amount as previously agreed by you from the Death Benefit, if applicable, will be channelled to a waqf body appointed by us upon your passing, whilst hibah service allows you to provide for your beneficiaries and/or your chosen charitable organisation. Just fill up the Waqf Services Form and Nomination or Assignment Form respectively when you sign up the i-Great Evo plan. In conclusion, the i-Great Evo truly is An Evolutionary Takaful Protection for Your Evolving Needs as the tagline suggests. It is one of the most flexible, comprehensive plans that allows you to customise your protection plan to your liking by adding or reducing the coverage according to your affordability at certain point of time. For more information about i-Great Evo, please visit www.greateasterntakaful.com or www.facebook.com/greateasterntakaful. http://mrem.bernama.com/viewsm.php?idm=38981
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TOKYO, Dec 17 (Bernama-BUSINESS WIRE) -- Effissimo Capital Management Pte Ltd (hereinafter referred to as "we") today requested that Toshiba Corporation (hereinafter referred to as "Toshiba") call an Extraordinary General Meeting of Shareholders to ‘elect a person who will be charged to investigate the status of the operations and property of the Stock Company’ as set forth in Article 316, Paragraph 2 of the Companies Act. The specific aim is to investigate whether the 181st Ordinary General Meeting of Shareholders held on July 31, 2020 (hereinafter referred to as "the 181st AGM") was conducted in a fair and impartial manner.
Please refer to the Exhibit for the details of the resolutions proposed at the Extraordinary General Meeting of Shareholders and the reasons behind the proposal. It remains to be opaque whether the 181st AGM was conducted in a fair and impartial manner, and this situation has not been rectified. The fair and impartial operation of the general meeting of shareholders is the foundation of the joint-stock corporation system. In order to safeguard the transparency that secures the fair and impartial operation of such meeting, we believe that it is necessary to bring to broad daylight the actual state of the 181st AGM through an investigation conducted by independent investigators. (Exhibit) The contents of the proposal In order to investigate whether the 181st AGM at Toshiba held on July 31, 2020 was conducted in a fair and impartial manner (including the lawfulness and fairness of the resolutions thereat), Mr. Yoji Maeda, Mr. Takashi Kizaki and Mr. Takao Nakamura shall be elected as a person who will be charged to investigate the status of the operations and property of the Stock Company as set forth in Article 316, Paragraph 2 of the Companies Act (hereinafter referred to as "investigators") http://mrem.bernama.com/viewsm.php?idm=38973 KUALA LUMPUR, Dec 18 -- New World® Hotels & Resorts has been appointed by KDI Holdings to manage the 306-room New World Nha Trang Hotel, opening in 2023. Embarking on a new chapter of its expansion in Asia, New World Nha Trang Hotel will join the brand’s portfolio as the fourth property in Vietnam, with gateways, and getaways in the country including landmark New World Saigon Hotel and resort properties opening in Hoi An and Phu Quoc, next year. “The rapid growth of our footprint in Vietnam is an exciting development for our brand and, with the support of KDI Holdings, New World Nha Trang Hotel will be a spectacular addition to our portfolio,” said Rosewood Hotel Group chief executive officer, Sonia Cheng. According to a statement, Nha Trang has long been acclaimed a jewel on the south-central Vietnam coast, situated on one of the world’s most beautiful bays, enhanced by lush mountainscapes and stretches of crystal blue beaches and nearby islands to explore. New World Nha Trang Hotel is ideally located in the internationally-operated integrated resort complex Vega City Nha Trang, also known as the City of Arts and Entertainment of Vietnam. The hotel is only 15 minutes by car from the Nha Trang city centre. It is backdropped by forested hillsides and is the first hotel that directly embraces the 1.5-kilometre-long Bai Tien Beach. Offering upscale, contemporary tropical lifestyle, the three free-standing, beachfront villas will comprise two to four bedrooms furnished with a personal walk-in closet, living room, separate dining area, private pool and outdoor shower. When New World Nha Trang Hotel opens its doors, watersports from diving to rafting, surfing and snorkeling in the beautiful Vega Nha Trang Bay coral reef are sure to be on guests’ agendas, but land-based sightseeing will also be a must. -- BERNAMA KUALA LUMPUR, Dec 18 -- LeddarTech®, a global leader in Level 1-5 advanced driver assistance systems (ADAS) and automated driving (AD) sensing technology, has announced a strengthened collaboration with Renesas.
This is via joining the R-Car Consortium, and with a new collaboration on the development and promotion of an automotive ADAS reference platform, according to a statement. This platform combines LeddarTech’s industry-leading raw data sensor fusion stack and LiDAR technology with Renesas’ newly launched R-Car V3U – a best-in-class ASIL D system-on-chip (SoC) for ADAS and AD systems. According to LeddarTech Chief Executive Officer, Charles Boulanger, Renesas is the market leader in automotive processors. “Our collaboration on this project accelerates the market introduction of a safer and cost-efficient ADAS system that offers an improved user experience. The solution also enables software for extensible and upgradable ADAS & AD platforms, accelerating subsequent innovation and development cycles.” Renesas is already investing in LeddarTech SoC development and production for the LeddarEngine™, consisting of the world’s most advanced and integrated LiDAR SoCs, the LCA2 and LCA3, and accompanying LiDAR measurement software. This automotive ADAS reference platform expands the companies’ collaboration to the system level with a sensor fusion solution applicable to the camera and RADAR sensor-based systems plus systems that add LiDAR to deliver higher safety and performance. More details at www.LeddarTech.com. -- BERNAMA KUALA LUMPUR, Malaysia, Dec 17 (Bernama-BUSINESS WIRE) -- Tricor Group (Tricor), Asia's leading business expansion specialist providing integrated business, corporate, investor, human resources and payroll, corporate trust and debt services, announced today the Malaysia launch of its Boardfolio platform, a secure and easy-to-use, virtual board portal that manages the full lifecycle of board and committee operations digitally.
The launch of Boardfolio in Malaysia marks the next phase of a strategic partnership that Tricor formed with leading board portal provider Praxonomy in November 2019, which paired Tricor’s corporate governance suite with Praxonomy's secure digital board portal. Anchored by two technology solutions, including EZBoard and the SPOT collaboration between 3 Hong Kong, City University of Hong Kong, Microsoft and TFI Digital Media Limited, the launch of Boardfolio in Malaysia and across key markets in ASEAN. Gary Tok, Tricor Group Chief Commercial Officer, said: “A commitment to corporate governance and board excellence is a vision that Tricor shares with regulators and our clients alike. Amid business disruptions, lockdowns, travel restrictions and health concerns around gathering in groups, the COVID-19 pandemic has forced companies to reconsider board engagement. After seeing significant traction and success with our Boardfolio solution in Hong Kong, where Tricor serves more than 50% of all listed companies, we have now launched the offering in Malaysia and look forward to delivering the best and most innovative digital-led corporate governance solutions available to today’s board leaders.” Yeap Kok Leong, CEO and Managing Director, Tricor Malaysia, said: "Now more than ever, companies in Malaysia and their governing bodies are benefiting from solutions that allow them to rapidly assess, respond, and circumvent the widespread disruptions of COVID-19. Tricor serves over 40% of all listed companies in Malaysia and Boardfolio empowers a swift digital transformation of the boardroom and the benefits will reverberate long after the pandemic, enhancing shareholder participation, reducing the company secretary’s workload, driving collaboration, strengthening data security and ensuring compliance with regulatory requirements in the long term.” Annie Wong, Senior Executive Director and Head of Corporate Services, Tricor Malaysia, said: “In these times of uncertainty, digital transformation can mean the difference between businesses surviving, thriving or shuttering. And with scrutiny of board practices on the rise, companies are left particularly vulnerable in the area of board governance and compliance. Boardfolio enables immediate and seamless collaboration between the Board of Directors and management, helping companies stay ahead of changes and achieve board excellence. By driving end-to-end digitization of board operations, our end-goal with Boardfolio is to ultimately raise the performance level for our clients.” http://mrem.bernama.com/viewsm.php?idm=38971 |
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