KUALA LUMPUR, Malaysia, November 10, 2023 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, is extending the call-in cut-off time for shipments from the Klang Valley*, giving customers more time, flexibility and convenience when preparing their shipments.
The new call-in cut-off time has extended by 1 hour. For customers using FedEx International Economy® (IE) to send their packages to Asia, Middle East, Africa (AMEA) and Europe, the new cut-off time is 5:00pm. For shipments from Malaysia to worldwide destinations using FedEx International Economy® Freight (IEF), the new call-in cut-off time is 4:00pm.
“Service enhancements like this will help improve the competitiveness of our customers in the global marketplace,” said Tien Long Woon, Managing Director of FedEx Express Malaysia. “As a major economic hub in Malaysia, the Klang Valley is home to various key industries, including manufacturing, services and finance, and this is where we see more diverse shipping needs. We are committed to providing reliable and time-definite services that supports the growth of local businesses in the country.”
FedEx is also committed to innovating digital solutions to support customers in the ever-evolving business landscape. In September, FedEx introduced enhancements to FedEx Ship Manager™ (FSM) making it faster and more convenient for business and e-commerce merchants to create shipments and paperwork from their online orders in a few simple steps. Additionally, customers have an added option for reliable services at an affordable price for non-urgent shipments through FedEx International Economy® (IE).
MY AMCHAM CARES is a core AMCHAM program that celebrates and promotes best practices within the corporate citizenship and Corporate Social Responsibility (CSR) programs implemented by our members.
It is a platform through which members can share achievements and experiences that are meaningful to them, and support one another on more technical aspects of implementing and governing CSR programs, in order to achieve the highest standards and greatest impact through their environmental, social and governance initiatives.
The MY AMCHAM CARES’s annual survey considers five critical aspects that support the success of any initiative; we ask if the company’s approach and activity are strategic, sustainable, measurable, well communicated, and with strong partnerships.
Click the download button below for the list of 60 companies that were recognized in 2023.
AMCHAM celebrated the 2023 Thanksgiving Luncheon and our MY AMCHAM CARES Recognition on 21 November at the Four Seasons Hotel Kuala Lumpur, again honoring the best corporate citizenship over a traditional Thanksgiving feast.
This year, Mr. Manu Bhalla, chargé d’Affaires of the Embassy of the United States of America, joined the event alongside members of AMCHAM’s Board of Governors. AMCHAM’s chairman, Antony Lee, and CEO, Siobhan Das, kicked off the event by going on stage to carve the traditional turkey along with Mr Bhalla.
This year, the MY AMCHAM CARES program saw an increase in recipients, from 49 to 60, recognizing our members’ efforts toward delivering sustainable corporate citizenship. It is always rewarding to see our many member companies giving back to the communities via their CSR initiatives.
Congratulations to the 20 All Star achievers (5 years or more) and 13 Champion achievers (3 years) under the MY AMCHAM CARES’s Special Recognition for maintaining their status over time.
Special thanks to our Platinum Sponsor – J.P. Morgan; Gold Sponsors – AIG Malaysia Insurance Berhad, Coca-Cola Malaysia, and Philip Morris Malaysia; our Silver Sponsors – Analog Devices Malaysia, Cognizant Malaysia, Conocophillips Malaysia, Dexcom Malaysia, Federal Express Services Malaysia, Hershey Malaysia, KPJ Healthcare and NI Malaysia. Thank you to Starbucks and to Coca-Cola for sponsoring the drinks and thank you to the team at Four Seasons Hotel Kuala Lumpur for the wonderful Thanksgiving food.
We look forward to 2024 with anticipation and excitement!
AMCHAM held a virtual budget briefing session on 17 November featuring Anil Kumar Puri, Partner at Ernst & Young Tax Consultants Sdn Bhd.
This session, exclusive for members, allowed for attendees to raise their questions and concerns to the guest speaker. Anil briefed members on all the notable areas of the Budget 2024 and its impact on members’ businesses including service tax, indirect tax, BEPS 2.0, and more.
Thank you to Mr. Anil for conducting the sessions and helping out our members with Budget 2024.
Azmi & Associates is pleased to announce our role as the main counsel and advisor in a groundbreaking strategic investment collaboration that brings together three national fund and retirement institutions – Permodalan Nasional Berhad (“PNB”), Employees’ Provident Fund (“EPF”), and Kumpulan Wang Persaraan (Diperbadankan) (“KWAP“), with the counter-party being OSRAM Opto Semiconductors (Malaysia) Sdn Bhd (“OSRAM”).
The main transaction relates to a Sale and Leaseback of its new state-of-the-art facility with joint investment value of RM2Billion and with clear exit plan for the Co-investors.
Azmi & Associates is the lead counsel for PNB, KWAP and EPF with Cherha Hempel roped in to advise on Austrian law. Two other Malaysian top-tier firms were also involved to provide secondary advice to the respective Co-investor.
Our team comprised Senior Partner, Dato’ Azmi Mohd Ali, Zuhaidi Mohd Shahari, Mohd Sallahudin Abdullah and Muhammad Inamul Hassan Shah (supported by 4 associates) advised on the deal structuring, legal documentations, navigating the intricacies of the capital market, corporate, investment laws, and international cross border investment advisories.
For further information or legal inquiries, we invite you to explore our official website or reach out to our office. Your partnership in driving positive change is most welcome.
Link to the reports:
Azmi & Associates is delighted to announce our role as legal counsel and strategic advisor in a groundbreaking joint venture through a private finance initiative, bringing together Gamuda Berhad, Sabah Energy Corporation Sdn. Bhd. (SEC), and Kerjaya Kagum Hitech JV Sdn. Bhd. (KKHJV), a wholly-owned subsidiary of Conlay Land Sdn. Bhd.
Our Partners, Zuhaidi Mohd Shahari and M. Inamul Hassan Shah, in collaboration with our dedicated team of Associates, played an instrumental role in guiding Gamuda Berhad toward the establishment of a joint venture (JV) company named UPP Holdings Sdn. Bhd. The purpose of this venture is to develop a 187.5MW hydroelectric power plant located in Tenom, Sabah. In this JV, Gamuda Berhad will be the major shareholder, holding a 45% stake, followed by SEC (40%) and KKHJV (15%).
Our team’s expertise extended to the meticulous preparation of all legal documentation and conducting a comprehensive due diligence exercise, ensuring the successful completion of this transformative joint venture. This pioneering transaction not only enhances Sabah’s electricity generation capacity but also aligns with Gamuda Berhad’s commitment to advancing environmental, social, and governance (ESG) goals.
If you require any legal assistance or wish to explore our services further, please do not hesitate to visit our website, email us, or contact our office directly.
Azmi & Associates is dedicated to serving as your comprehensive corporate solution center for all your legal needs. We look forward to serving you.
Link to the report: https://theedgemalaysia.com/
