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/ February 8, 2021

Kenanga Investment Bank Acquires Stake in Licensed Crypto Exchange

KUALA LUMPUR, MALAYSIA - Media OutReach - 8 February 2021 - Accelerating its digital agenda, Kenanga Investment Bank Berhad via its wholly-owned private equity arm, Kenanga Private Equity Sdn Bhd, today entered into a conditional agreement to acquire 19.0% equity interest in Tokenize Technology (M) Sdn Bhd (Tokenize Malaysia). Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank Berhad Operating under the brand, Tokenize Xchange, it is one of the three licensed Digital Asset Exchanges (DAX) by the Securities Commission of Malaysia (SC), and is currently the second largest DAX in the country by traded market share. Tokenize Xchange is an online exchange that allows trading of cryptocurrencies (crypto) such as Bitcoin and Ethereum, and operates 24X7, whole year round. "We have been building a digital ecosystem to offer our customers a wide spectrum of financial products and services, including digital assets. The emergence of digital assets including cryptocurrencies have been gaining acceptance globally in the last few years. While we are keen on crypto as an asset class, we are aware of the volatility and the proliferation of unregulated players in the market. We are therefore very pleased to be given the opportunity to invest in one of the three licensed digital asset exchanges in Malaysia. We applaud the Securities Commission as one of the first in Asia to introduce regulations in this area," said Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad. Tokenize Xchange was initially launched in Singapore by tech savvy founder Hong Qi Yu in 2018 and it has since captured a customer base of over 100,000. Hong had later on set up Tokenize Malaysia to focus on the Malaysia market. In June 2019, Tokenize Malaysia was awarded a Recognized Market Operator (RMO) license to operate by SC and its platform, Tokenize Xchange, went live on 1 April 2020. "Our interest in digital …

/ March 30, 2020

March 23-29: PM joins G20 leaders’ video conference on COVID-19 combat

PM joins G20 leaders’ video conference on COVID-19 combat Vietnamese Prime Minister Nguyen Xuan Phuc joined a G20 leaders’ video conference on COVID-19 prevention and control, held on the evening of March 26, as an initiative by Saudi Arabia which holds the presidency of G20. The event featured the participation of leaders of G20 member nations and representatives from international organisations, including the UN, the WB, the IMF, the WTO, the WHO, the OECD and the ILO. In his address, PM Phuc stressed the significance of international and regional solidarity, cooperation and coordination in combatting the epidemic, while affirming Vietnam’s determination and commitment in the field. NA Standing Committee convenes 43rd session NA Chairwoman Nguyen Thi Kim Ngan speaks at the session. (Photo: VNA) The 43 rd session of the National Assembly Standing Committee (NASC) took place in Hanoi from March 23-25 under the chair of NA Chairwoman Nguyen Thi Kim Ngan. During the three-day sitting, the NASC listened to Deputy Prime Minister Vu Duc Dam’s report on the Covid-19 epidemic situation along with solutions and plans to prevent and combat the epidemic in Vietnam. Lawmakers also looked into and commented on a number of draft laws on which different views remain. Google Doodle honours Vietnamese iconic ‘ banh mi’ Google Doodle honours Vietnamese iconic ‘banh mi’. Search engine giant Google released its latest doodle on March 24, featuring the savoury and satisfying Vietnamese street-food sandwich known as ‘b anh mi ’ to mark nine years since banh mi was admitted into the Oxford English Dictionary. In its description, Google hailed ‘ banh mi ’ as a smorgasbord of flavours that represents a true melting pot of cultures and ingredients alike. Together with ‘ pho’ , ‘ banh mi ’ is an iconic dish representing Vietnamese cuisine that has won the favour of eateries worldwide over the past few decades. The baguette has been …

/ December 11, 2019

Vietnam win gold medal for 1st time at SEA Games

The Hanoitimes - The Golden Dragons record a comfortable win 3-0 over Indonesia in the final on December 10. Vietnam has for the first time won the gold medal at the men’s football at SEA Games after years participating in this regional multi-sport event. Vietnam wins the gold medal for 1st time at SEA Games. Photo: VietNamNet The Golden Dragons defeated Indonesia 3-0 in the final Rizal Memorial Stadium in Manila, the Philippines on Tuesday [December 10]. Vietnam ended that unwanted record at SEA Games 30 after losing five SEA Games football finals in 1995, 1999, 2003, 2005, and 2009, according to the Straitstimes. Defender Doan Van Hau. Photo: Thethao247 Star Doan Van Hau, who plays as defender for Dutch top division side SC Heerenveen, scored Indonesian net after 39 minutes, opening up the scoring over the rivals. Do Hung Dung then buried his shot from the edge of the box. He calmly guided a low shot into the bottom corner in the 59th minute, doubling his team’s tally. Midfielder Do Hung Dung. Photo: VNExpress At the 73th minute, Doan Van Hau scored his second from a wide free kick from Nguyen Hoang Duc, deciding 3-0 for the Golden Dragons. Both teams had met in the earlier group stage with Vietnam winning that match by 2-1. Editor of FOX Sport Asia Gabriel Tan described that “Despite their best efforts, Indonesia always faced an uphill task in getting back into the contest.” Doan Van Hau’s SC Heerenveen Club continued updating the final on its Facebook page, delivering congratulations in Vietnamese language. The club called Hau a big player in the match. Currently, Vietnam rank 94th in the FIFA world rankings. …