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Unifrutti Group has announced the acquisition of Verfrut, a prominent fresh produce grower and exporter with operations in Chile and Peru The acquisition supports Unifrutti's strategy of building a globally diversified premium fruit platform The acquisition also complements Unifrutti's product offering by adding a strong table grape and cherry platform to its existing fruit basket ABU DHABI, UAE, Jan. 22, 2024 /PRNewswire/ -- Unifrutti, a global leader in premium fresh fruits production and distribution, announced the acquisition of 100% of Sociedad Exportadora Verfrut S.A. ("Verfrut"), a key South American fruit producer and exporter. Established in 1996, Verfrut is a prominent fresh produce player with presence in Chile and Peru, where it operates over 7,500 hectares of fully integrated farming and processing facilities. Verfrut grows a wide array of crops, including grapes, cherries, apples and blueberries, is renowned as the largest exporter of grapes in Peru and relies on a robust commercial and distribution network in the US, the EU, South America, and China. This acquisition represents an important step in expanding Unifrutti's integrated and sustainable global multi-fruit platform. With Verfrut's inclusion, Unifrutti becomes a major fruit company in Chile, one of the largest production centers for grapes and cherries globally, and a leading apple player in the southern hemisphere. Furthermore, this acquisition strategically extends Unifrutti's reach into Peru, a key hub in the fresh produce sector. This move aligns with Unifrutti's objective to meet increasing global demand for premium high-quality fruits, emphasizing its commitment to sustainable growth and reinforcing its leadership in the dynamic global fruit industry. The acquisition also extends access to a wider range of premium produce for the Group's customers, with consistent, secure, and diversified supply. Completion of the acquisition is subject to satisfaction of closing conditions, including regulatory approvals. Post-completion, Unifrutti will maintain Verfrut's global operations, ensuring business continuity. Mohamed Elsarky, Group CEO of Unifrutti, emphasized the strategic significance of this deal, stating: "Our acquisition of Verfrut is a strategic milestone, propelling Unifrutti's growth and reinforcing our commitment to excellence and innovation. This expansion not only enhances our current operations but also paves the way for future growth, as we aim to become the preeminent and most sustainably driven global multi-fruit company, setting new standards in the industry. This transaction also resonates deeply with our shared family-owned heritage, and we are humbled and privileged to be entrusted with Verfrut's 30-year legacy, collaboratively forging a regional champion in Chile and Peru." Romano Vercellino, founder and President of Verfrut, expressed enthusiasm about this new chapter: "We are making an excellent decision with this transaction. Verfrut is our life. After many years of hard work together with our great team, we are confident that Unifrutti will maintain our values that have guided us since the establishment of Verfrut. We look forward to the next stage of our successful journey." About Unifrutti Group: Unifrutti Group is one of the main global players in the fresh fruit market, vertically integrated in production, marketing and distribution, with more than 14,000 hectares of land in Chile, Italy, the Philippines, and South Africa. The Group oversees the entire value chain and thanks to direct ownership of land located in different climate zones of the world, it is able to serve more than 50 countries all year round, distributing approximately 500,000 tons of fresh fruit to over 500 customers. Founded in 1948 by Guido de Nadai, Unifrutti now employs more than 11,000 people at its headquarters and operating locations in Japan, Chile, South Africa, the Philippines, Italy, Spain, Uruguay, Turkey, the Middle East, China, and India. Unifrutti Group is part of ADQ, an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises spanning key sectors of the UAE's diversified economy. For more information on Unifrutti, please visit www.unifruttigroup.com, write to info@unifruttigroup.com or follow Unifrutti Group on LinkedIn. About Verfrut: Founded in 1996 by Romano Vercellino Dellafiori, Verfrut has grown to become one of the largest fruit producers and exporters in Peru and Chile, exporting more than 15 million boxes last season, with a projection of over 25 million boxes in the coming years. With more than 7,500 hectares, it is a fully integrated company that grows, processes and markets 100% of its fruit worldwide. The company has a diversified product range, the main ones being grapes, cherries, stone fruits, apples and others, and a solid and geographically varied commercial reach thanks to its commercial platforms in the US, Asia, EU and South America. For more information, visit www.verfrut.cl. Media contact: Alessandro Gonzato +357 99 421657alessandro.gonzato@unifruttigroup.com
Company crosses $2 billion milestone and eyes major expansion Goldman Sachs acted as the arranger and senior lender HONG KONG, Jan. 22, 2024 /PRNewswire/ -- FundPark, a leading fintech company delivering insights and capital to help fast-growth digital entrepreneurs capture their future growth, announced the closing of a landmark asset-backed securitisation facility of up to $500 million. Goldman Sachs acted as the arranger and senior lender. The announcement comes as FundPark also marks a major milestone, having provided over $2 billion in funding to over 16,500 underserved businesses since establishment in 2016. FundPark harnesses AI technology, data analysis and its proprietary risk-management platform to help small-to-medium sized eCommerce enterprises secure working capital loans and extend financial inclusion to address the world's growing $2.5 trillion trade finance gap[1]. The deal is a doubling of an existing facility secured by FundPark in April 2022. Through this added financial capital, FundPark will be able to significantly scale its operations and further broaden its support of more entrepreneurs with a focus on Asian cross-border eCommerce. Anson Suen, CEO and co-founder at FundPark, said, "Our mission is to help digital entrepreneurs to realise their growth potential and build prosperity. Doubling the original facility serves as a powerful boost, enabling us to support more entrepreneurs, especially in Asia, and accelerate our expansion plans. This year will be exciting for FundPark as we continue to execute on our strategy to evolve our funding base, product offering and technology, as well as further scale our operations." Nicola Dondi, a Managing Director at Goldman Sachs, said, "In the fastest growing region in the world, Asia's cross-border eCommerce market shows promise. This asset-backed securitisation facility provides FundPark's platform the ability to provide small to medium sized enterprises with the capital required to bridge both immediate and future growth needs. We are focused on providing leading companies with financing to achieve their goals and potential." FundPark has grown rapidly over the past year through the expansion of its products, customers and geographical operations to serving digital entrepreneurs transacting in over 15 markets including in Greater China, Southeast Asia, Europe and the U.S. Today, it employs over 80 people across three offices in Hong Kong and mainland China. Mike Imam, CEO and co-founder at Silverhorn Group, said, "Silverhorn has been an active investor in FundPark since 2018. We are delighted to see that FundPark has grown from strength to strength over the past years. These latest milestones are a testament to the strong vision and executional capability of the leadership team, a great example that showcases Hong Kong's entrepreneurial talent pool. This deal adds rocket fuel to FundPark, allowing the company to go even further across all dimensions and capitalise on current market dynamics. Its strong footprint in the region and in particular the Greater Bay Area, puts the company at a unique advantage in benefitting from the region's rapidly growing eCommerce sector. "FundPark's success relies on Hong Kong's role as a crucial hub for international trade and global financial centre; without this, its achievements would not have been possible. This goes beyond just financial assistance; the favourable regulatory environment empowers FundPark to expand its operations on a larger scale, unlocking more business opportunities. As we look to the year ahead, we can expect even more developments and milestones from FundPark as they crystallise their position as the leading player in Asia for digital SMEs." FundPark is also targeting to close its Series B round within the first half of the year and is actively harnessing its technology to develop new solutions to benefit the wider eCommerce ecosystem. [1] Asian Development Bank, 2023 About FundPark FundPark is a fintech scale-up supporting fast growth digital entrepreneurs by delivering insights and capital to bridge their needs to growth. This is enabled by its proprietary credit model and AI technology, enabling it to harness real time data from its global ecosystem of partners including Amazon, eBay, Tmall and Walmart. Founded in 2016 in Hong Kong, FundPark has grown substantially, providing over US$2 billion in working capital funding and supporting over 16,500 small-to-medium sized businesses in the cross-border eCommerce sector. www.fundpark.com
SEATTLE, Jan. 22, 2024 /PRNewswire/ -- Quark Expeditions, the global leader in polar adventures, is excited to announce the latest addition to its industry-leading fleet: the Ocean Explorer. This 138-passenger polar expedition ship will set sail under the Quark Expeditions banner at the start of the Antarctic 2024/2025 season. Quark Expeditions Introduces M/V Ocean Explorer to its Polar Fleet "Going beyond in the polar regions requires the best expedition team operating the best ships," says Andrew White, President of Quark Expeditions. "And we've got both. Ocean Explorer is the perfect addition to our fleet—for adventure, for luxury, and for leading-edge technology, this purpose-built polar expedition ship truly delivers for our discerning polar explorers." Ocean Explorer's state-of-the-art expedition technology elevates the polar experience in every way: extensive adventure capability for thrilling off-ship adventures, exceptional safety and sustainability features, plus outstanding interior space and comfort. With its distinctive X-Bow design and remarkable two-story forward lounge, Ocean Explorer sets a striking stage for unforgettable polar expeditions. "The depth and breadth of our portfolio of innovative itineraries and polar experiences—from kayaking in Antarctica to flightseeing over the Greenland Ice Sheet—is made possible by the depth and breadth of our fleet," says White. "Maintaining such a diverse fleet of small polar ships enables guests to customize their voyage, to choose how they want to explore the Polar Regions and experience their expedition of a lifetime." This Infinity class polar expedition ship was delivered in 2021 by Quark Expeditions' long-standing partner SunStone Maritime Group, the largest expedition-only ship-building provider in the world. Ocean Explorer's rated Ice Class 1A and PC6 place it in the same league as its soon-to-be sister ship, the technologically-advanced Ultramarine. Quark Expeditions is currently taking bookings on Ocean Explorer for the Antarctic 2024/2025, Arctic 2025 and Antarctic 2025/2026 sailing seasons. For more information on Ocean Explorer, please click here to visit the ship information page on the Quark Expeditions website. For media inquiries: media@quarkexpeditions.com About Quark Expeditions: The global leader in polar adventures for more than 30 years. The most passionate and seasoned team in the industry, taking explorers to the ends of the earth. Going where few ever dream, and setting foot where few ever will. Delivering extraordinary experiences and enriching lives through travel, Quark Expeditions is a Travelopia specialist company.
MELBOURNE, Australia, Jan. 22, 2024 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today announces presentations featuring the Company's theranostic programs at the upcoming American Society of Clinical Oncology Genitourinary Cancers Symposium (ASCO GU 2024) to be held in San Francisco, CA (US) from 25 – 27 January 2024. Dr David N. Cade, Telix Group Chief Medical Officer, said, "We are pleased to present updates on our late-stage therapeutic programs for prostate and kidney cancer at ASCO GU 2024, the leading specialised event for GU cancer care worldwide. "The ProstACT GLOBAL study of TLX591 (177Lu rosopatamab tetraxetan) will be presented, the first Phase III trial to evaluate TLX591, our lead radio-antibody drug conjugate (rADC) therapy candidate in patients with PSMA-positive metastatic castrate-resistant prostate cancer (mCRPC). "Data from the recently completed Phase I ProstACT SELECT study will also be showcased, confirming the clinical validity of Telix's optimal fractionated dosing and product safety profile.[1] Both ProstACT studies are exploring TLX591 administered together with real-world standard of care, differentiating this program from other PSMA studies and reflecting Telix's continued innovation in prostate cancer care and commitment to patient outcomes. "Eric Jonasch MD, will present the STARLITE-1 investigator-initiated trial of Telix's therapy candidate, TLX250 (177Lu girentuximab), in combination with immunotherapy in clear cell renal cell carcinoma, the most common and aggressive form of kidney cancer. "We look forward to seeing you at our booth to discuss Telix's industry leading theranostic pipeline, our associated medical devices, and opportunities for collaboration." ASCO GU 2024 presentation details are listed below: Track: Prostate Cancer- Advanced | Prostate Cancer- LocalizedType: Trials in Progress Poster SessionTitle: ProstACT SELECT: Safety, tolerability, and dosimetry of TLX591 with best standard of care in patients with PSMA-expressing metastatic castration-resistant prostate cancerClinicalTrials.gov ID: NCT04786847 Location: Level 1, West Hall | On DemandDate and Time: January 25, 2024 | 11:30 AM – 1:00 PM (PT)Presenter: Nat Lenzo MD, GenesisCare, AUSTRALIA Abstract: TPS253Poster Bd: Q14 Track: Prostate Cancer- Advanced | Prostate Cancer- LocalizedType: Trials in Progress Poster SessionTitle: ProstACT GLOBAL: A Phase III study of best standard of care with and without TLX591 for patients with PSMA-expressing metastatic castration-resistant prostate cancer progressing despite prior treatment with a novel androgen axis drugClinicalTrials.gov ID: NCT04876651 Location: Level 1, West Hall | On DemandDate and Time: January 25, 2024 | 11:30 AM – 1:00 PM (PT)Presenter: Brenda Cerqueira, Telix Pharmaceuticals, North Melbourne, AUSTRALIA Abstract: TPS256Poster Bd: Q17 Track: Renal Cell Cancer, Adrenal Cancer, Penile Cancer, Testicular Cancer, Urethral CancerType: Trials in Progress Poster SessionTitle: STARLITE-1: A Phase Ib/II study of combination 177Lu girentuximab plus cabozantinib and nivolumab in treatment naive patients with advanced clear cell RCCClinicalTrials.gov ID: NCT05663710 Location: Level 1, West Hall | On DemandDate and Time: January 27, 2024 | 7:00 AM – 8:10 AM, 11:30 AM – 1:00 PM (PT) Presenter: Eric Jonasch MD, The University of Texas, MD Anderson Cancer Center, Houston, TXAbstract: TPS496Poster Bd: M17 About Telix Pharmaceuticals Limited Telix is a biopharmaceutical company focused on the development and commercialisation of diagnostic and therapeutic radiopharmaceuticals and associated medical devices. Telix is headquartered in Melbourne, Australia with international operations in the United States, Europe (Belgium and Switzerland), and Japan. Telix is developing a portfolio of clinical-stage products that aims to address significant unmet medical needs in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX). Visit www.telixpharma.com for further information about Telix, including details of the latest share price, announcements made to the ASX, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix on X and LinkedIn. Telix's lead imaging product, gallium-68 (68Ga) gozetotide injection (also known as 68Ga PSMA-11 and marketed under the brand name Illuccix®), has been approved by the U.S. Food and Drug Administration (FDA),[2] by the Australian Therapeutic Goods Administration (TGA),[3] and by Health Canada.[4] Telix Investor Relations Ms. Kyahn WilliamsonTelix Pharmaceuticals LimitedSVP Investor Relations and Corporate CommunicationsEmail: kyahn.williamson@telixpharma.com Legal Notices This announcement is not intended as promotion or advertising directed to any healthcare professional or other audience in any country worldwide (including Australia, United States and the United Kingdom). This announcement may include forward-looking statements that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as "may", "expect", "intend", "plan", "estimate", "anticipate", "outlook", "forecast" and "guidance", or other similar words. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on the Company's good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect the Company's business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix's business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix's preclinical and clinical studies, and Telix's research and development programs; Telix's ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals, manufacturing activities and product marketing activities; the commercialisation of Telix's product candidates, if or when they have been approved; estimates of Telix's expenses, future revenues and capital requirements; Telix's financial performance; developments relating to Telix's competitors and industry; and the pricing and reimbursement of Telix's product candidates, if and after they have been approved. Telix's actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements. Except as required by applicable laws or regulations, Telix does not undertake to publicly update or review any forward-looking statements. Past performance cannot be relied on as a guide to future performance. Readers should read this announcement together with our material risks, as disclosed in our most recently filed reports with the ASX and on our website. ©2024 Telix Pharmaceuticals Limited. The Telix Pharmaceuticals and Illuccix name and logo are trademarks of Telix Pharmaceuticals Limited and its affiliates (all rights reserved). [1] Telix ASX disclosure 19 October 2023. [2] Telix ASX disclosure 20 December 2021. [3] Telix ASX disclosure 2 November 2021. [4] Telix ASX disclosure 14 October 2022.
HONG KONG SAR - Media OutReach Newswire - 22 January 2024 - The "Thought Leadership Conference Series: The Future of Hong Kong Economy", organised by HKU Business School and co-organised by the Hong Kong Institute of Economics and Business Strategy, concluded successfully on 18 January. The conference gathers distinguished scholars, policymakers and business leaders to engage in knowledge exchange and explore policy directions and opportunities for economic development in various topics, including the global economic outlook, repositioning Hong Kong economy, uncovering economic opportunities for Hong Kong's transformation, entrepreneurs' perception on the future opportunities, ESG Development and talent cultivation. This year, the conference invited Professor Joseph Stiglitz, Nobel Memorial Prize laureate in Economic Sciences and Mr. Vincent Lo, Founder and Chairman of Shui On Group as keynote speakers. (From left) Professor Hongbin Cai, Dean and Chair of Economics of HKU Business School; Professor Christoph H Loch, Professor of Operations & Technology Management, Co-Director of the Cambridge Centre for Chinese Management, and Former Dean of Cambridge Judge Business School and Editor-in-Chief of Management Science; Professor Richard Wong, Provost and Deputy Vice-Chancellor of The University of Hong Kong, Chair of Economics & Philip Wong Kennedy Wong Professor in Political Economy, and Director of Hong Kong Institute of Economics and Business Strategy; Professor Joseph Stiglitz, Nobel Memorial Prize laureate in Economic Sciences; engaged in a panel discussion. Professor Richard Wong, Provost and Deputy Vice-Chancellor of The University of Hong Kong, Chair of Economics & Philip Wong Kennedy Wong Professor in Political Economy, and Director of Hong Kong Institute of Economics and Business Strategy, in his welcoming remarks, said, 'As a highly open economy, Hong Kong's economy is inherently intertwined with global developments. It is a fundamental truth that when the world prospers, so does Hong Kong, and conversely, when the world faces challenges, Hong Kong's prosperity is also affected. It is crucial for us to look beyond the immediate concerns of geopolitical dynamics and post-pandemic economic recovery. By embracing resilience, creativity, and collaboration, we can navigate the challenges ahead, unlock new opportunities, and pave the way for a prosperous future for Hong Kong and its people.' Professor Joseph Stiglitz, Nobel Memorial Prize laureate in Economic Sciences said, 'Global cooperation is crucial to address worldwide issues, particularly climate change and pandemics, even in a world characterized by divisions. Collaboration in these specific domains serves the best interests of all parties involved. We currently live in an era where nothing can be taken for granted. The emergence of new economic actors, political landscapes, geoeconomics, and geopolitics further underscores the need for collective action. This holds particular significance for Hong Kong, as it will be significantly impacted by these evolving global dynamics. Similar to other regions, Hong Kong will encounter fresh challenges as it navigates through these uncertain waters.' Mr. Vincent Lo, Founder and Chairman of Shui On Group, in his lunch keynote speech, said, 'The Greater Bay Area offers many and different opportunities. Hong Kong has to be able to make good use of the private sector and resources from around the world, and becomes an investment hub for the Belt and Road Initiatives. We have all the necessary expertise, together with Hong Kong's invaluable and unique experience in participating and contributing to the Chinese Mainland in its 45 years of phenomenal growth and development. We know what to, how to raise the funds and necessary resources for the successful completion of the projects. Hong Kong is a super-value creator.' Mr. Chris Sun, JP, Secretary for Labour and Welfare of the Government of the Hong Kong Special Administrative Region, attended a panel discussion of Hong Kong's talent and youth development and said, 'For decades, Hong Kong has greatly benefited from the abundance of local talent. It is the extensive and highly skilled local talent pool that has shaped Hong Kong into what it is today. However, the current reality we face is a shortage of talent. As we look ahead, our challenge lies not only in attracting talent but also in retaining it. This is why we have established the Hong Kong Talent Engage to provide facilitation services, but more importantly, to build our partner circle.' Professor Hongbin Cai, Dean and Chair of Economics of HKU Business School said 'HKU Business School has been dedicated to conducting economic policy research for many years, aiming to contribute to the sustainable development of Hong Kong's economy. To cope with the future challenges of Hong Kong, society needs to focus on vision, policies, housing, and land. This year's Green Paper and conference have achieved remarkable results, receiving enthusiastic feedback from participants and affirming their value and impact.' Professor Heiwai Tang, Associate Dean (External Relations) & Victor and William Fung Professor in Economics of HKU Business School and Associate Director of Hong Kong Institute of Economics and Business Strategy concluded the conference and said, 'Despite the numerous challenges and uncertainties, including unforeseen geopolitical tensions, we always remain optimistic due to collective action in society. This year's conference and Green Paper has been a resounding success, which brought together stakeholders from various sectors, showcasing their eagerness to contribute ideas and recommendations to the challenges facing our economy. HKU Business School looks forward to building upon this success and continuing our collaborative efforts in the future.' HKU Business School has been committed to analysing Hong Kong's economic landscape and policy issues through professional knowledge and distinguished research. Collaborating with other renowned scholars, our faculty members have recently published the "Hong Kong Economic Policy Green Paper 2024" and held the 3rd Conference on The Future Hong Kong Economy, after its inaugural edition in 2021, bringing together leaders from various sectors of society to contribute ideas and strategies for the long-term prosperity of the city. Hashtag: #HKUBusinessSchool #HKUBS #HKU #UniversityOfHongKong #FutureOfHongKongEconomyConference #Economy #Finance #ProfessorJosephStiglitz #Nobel #VincentLo #ShuiOnGrouop #RichardWong #ChrisSun #HongBinCai #HeiWaiTanghttps://www.hkubs.hku.hk/https://www.linkedin.com/school/hkufbe/https://twitter.com/HKUFBEhttps://www.facebook.com/hkufbeWechat: https://www.hkubs.hku.hk/eventsite/future-of-hong-kong-economy-2024/https://www.instagram.com/hkufbe/https://www.youtube.com/user/hkufbecommThe issuer is solely responsible for the content of this announcement.HKU Business SchoolEstablished in 2001, HKU Business School is the youngest and most dynamic member of The University of Hong Kong (HKU). The School strives to nurture first-class business leaders and foster academic and relevant research to serve the needs of Hong Kong, China and the rest of the world in the new Asia-led economy. As a top international business school in Asia, the School engages leading scholars from all corners of the globe and they instil in students global knowledge with an Asian perspective. The School attracts top students from Hong Kong and beyond. HKU Business School offers a full spectrum of business education, and has achieved remarkable growth in faculty strength and research capability in the last two decades. The School ranks Asia's No.1 in UTD Research Rankings in 2021; its full-time MBA has been ranked Asia's no. 1 in the World MBA Rankings released by the Economist Intelligence Unit (EIU) for 10 years. The School has well-established and strategic partnership with world renowned universities and corporate partners, providing market-oriented content, superior learning and instrumental resources for our students. To better serve our students and alumni in various cities and regions and facilitate collaboration opportunities with business communities around the globe, HKU Business School has established a unique international network that extends to Beijing, Shenzhen, Vietnam and Tel Aviv. The School is well-positioned to be a leading, globally-impactful academic institution of business and economics. HKU Business School is fully accredited by the European Quality Improvement Systems (EQUIS) and the Association to Advance Collegiate Schools of Business (AACSB). Visit us at https://www.hkubs.hku.hk/
BAYAN LEPAS, Malaysia, Jan. 22, 2024 /PRNewswire/ -- In a move to uplift the socio-economic well-being and ensure a dignified retirement for Malaysian Armed Forces (ATM) veterans, Talent Corporation Malaysia Berhad (TalentCorp), mandated to strengthen Malaysia's talent ecosystem has announced a collaboration with the Ex-Servicemen Affairs Corporation (PERHEBAT), who is responsible as a second career enabler for ATM veterans. YB Steven Sim Chee Keong and YB Adly bin Zahari during the launch of Veteran MyWIRA Programme together with from left, Mejar Jeneral Dato' Azhan Bin Haji Md Othman (AKSPA), Thomas Mathew, TalentCorp Group Chief Executive Officer, Dato’ Hajah Norison, Deputy Secretary General MOHR, Datin Roszanina. Deputy Chief Secretary Officer, MINDEF, Kapten Mohd Radzi, PERHEBAT, and Mr Ramu Iyer, Vice President, Micron Memory. The initiative, Veteran MyWIRA will focus on industry-driven skilling and employment within the private sector. It will be piloted in partnership with Micron Memory Malaysia Sdn. Bhd. (Micron), a leader in Malaysia's semiconductor ecosystem and will leverage on the unique skill sets of the ATM veterans to fill job vacancies in the market. The Veteran MyWIRA initiative marks the first time that the Ministry of Human Resources through its agency, TalentCorp is collaborating with PERHEBAT under the Ministry of Defence. The launch event, held in Penang saw a gathering of more than 650 guests, comprising PERHEBAT ATM trainees, ATM veterans, and industry leaders. Minister of Human Resources, YB Steven Sim Chee Keong, said that the Veteran MyWIRA initiative is consistent with the principles of decent work within the framework of the MADANI economy. Additionally, it aligns with the three fundamental pillars he has established for the ministry, namely, strengthening the welfare of workers, improving skills, and increasing workforce productivity. "Our ATM veterans possess valuable expertise with specific, immediately applicable skills required in sectors such as E&E and aeronautics," he remarked during the launch event. "Their structured lifestyles in the military have instilled in them a high degree of discipline, professionalism, and commitment – qualities highly sought after by employers." "Through Veteran MyWIRA, the ATM veterans will get to upgrade their skills in line with job market demands and transition into the private sector. This initiative empowers them to make substantial contributions to the nation's economy, improve their employability, and elevate their overall quality of life. At its core, this approach embodies the principle of ensuring that 'no one gets left behind,'" the minister emphasized. The Deputy Minister of Defence, YB Adly bin Zahari highlighted on the importance of cross-ministerial initiatives which is reflected in the Veteran MyWIRA initiative. "Veteran MyWIRA can make a meaningful impact on the lives of retired servicemen and women, empowering them to navigate the challenges of retirement with dignity and resilience," he said. According to administrative data from PERHEBAT, an estimated 5,000 to 6,000 members of the ATM retire each year. As of May 2023, the Department of ATM Veteran Affairs (JHEV) reports a total of 42,745 ATM veterans who are 50 years old or younger. Thomas Mathew, TalentCorp's Group CEO said that the Veteran MyWIRA leverages on TalentCorp's existing initiatives including the mynext TVET and Future Skills Talent Council in partnership with industry stakeholders. "This structured approach involves profiling and upskilling our ATM veterans, ensuring they contribute meaningfully to the workforce and providing diversity to the private sector workforce," he said. The Veteran MyWIRA pilot programme with Micron will provide on-the-job training for ATM veterans beginning March 2024, with 25 to 50 selected candidates being offered employment with Micron. Amarjit Sandhu, Micron Technology's Corporate Vice President, Assembly & Test NAND Operations said, "We are excited to partner with TalentCorp on a comeback programme for our veterans to help enrich our local communities. Micron is creating an equal opportunity for everyone to be part of its workforce, and by leveraging the unique strengths, views, and experiences of our veterans, we create opportunities for growth, innovation, and success." Concurrently, TalentCorp has partnered with state training centres, including Selangor Human Resource Development Centre (SHRDC), Penang Skills Development Centre (PSDC), Johor Skills Development Centre, and Kedah Industrial Skills & Management Development Centre (KISMEC). Through this, their industry members will participate in this pilot offering 500 job openings initially. This initiative holds the potential for significant expansion, where there is industry demand of up to 50,000 semi-skilled and skilled hires in the Electrical and Electronic (E&E) sector alone over the next three years. For more information, please visit www.talentcorp.com.my/veteranmywira.
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